ECC Capital Corp

Ticker: ECRO CUSIP: 26826M108 Class: COM

TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA's Holding History (CIK: 0000315038)

Note: Option positions (PUT/CALL) are excluded.

Q4 2005

Shares 1,087,000 Value ($000) $2,457 Avg Close — Range —

Q3 2005

Shares 1,087,000 Value ($000) $3,544 Avg Close — Range —

Q2 2005

Shares 700,000 Value ($000) $4,662 Avg Close — Range —

Q1 2005

Shares 700,000 Value ($000) $4,200 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2005	1,087,000	$2,457	—	—
Q3 2005	1,087,000	$3,544	—	—
Q2 2005	700,000	$4,662	—	—
Q1 2005	700,000	$4,200	—	—