Twitwity is right, you forgot the pullup to set the right config address. There's your bug! Keep us posted!
The post codes display what they are going to do, not what has been done. Also, when there's a fault at a particular post code, the CPU may be continuously looping at what it thinks is the fault condition.
On a more positive note, your CPU is alive and it does execute the BIOS code correctly. This is already a great thing. A CPU that doesn't start, especially a BGA one, is a nightmare.