-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Qp3QmtueX+AOe56Mq0PFGsAhXWktn7GK0tr8Z1tJMcTRhNRvABLWsxTK0DZLSiBt P9Cpbwqtgko7V3OYtflMsA== 0001056404-04-002582.txt : 20040804 0001056404-04-002582.hdr.sgml : 20040804 20040804152629 ACCESSION NUMBER: 0001056404-04-002582 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040725 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040804 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEAR STEARNS ARM TRUST 2002-7 CENTRAL INDEX KEY: 0001176457 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-68542-04 FILM NUMBER: 04951607 BUSINESS ADDRESS: STREET 1: 245 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 11201 8-K 1 bst02007.txt JULY 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 26, 2004 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2002-7 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-68542-04 90-0072891 Pooling and Servicing Agreement) (Commission 90-0073006 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On July 26, 2004 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2002-7 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-7 Trust, relating to the July 26, 2004 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2002-7 Trust By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 8/4/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-7 Trust, relating to the July 26, 2004 distribution. EX-99.1
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 6/30/04 Distribution Date: 7/26/04 BST Series: 2002-7 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution I-A 07384MMR0 SEN 5.56180% 13,165,073.25 59,722.21 1,400,171.78 II-A 07384MMS8 SEN 5.77048% 5,595,522.45 26,335.99 7,133.16 III-A 07384MMT6 SEN 5.94479% 7,181,218.33 34,820.22 319,928.15 IV-A 07384MMU3 SEN 6.69445% 2,200,311.50 12,014.22 306,054.07 V-A-1 07384MMV1 SEN 5.33143% 8,392,683.95 36,495.66 1,638,812.57 V-A-2 07384MNE8 SEN 5.82643% 17,605,465.00 83,665.56 3,437,762.88 V-X 07384MNF5 SEN 0.49500% 0.00 3,388.47 0.00 VI-A 07384MMW9 SEN 5.57623% 13,737,121.59 62,478.90 603,740.73 VI-X 07384MNG3 SEN 0.47900% 0.00 5,366.96 0.00 VII-A 07384MMX7 SEN 5.63464% 10,881,701.51 50,010.37 877,866.21 VII-X 07384MNH1 SEN 0.64700% 0.00 5,742.46 0.00 B-1 07384MNB4 SUB 5.93800% 4,661,509.49 22,576.88 248,060.97 B-2 07384MNC2 SUB 5.93800% 3,169,979.97 15,353.02 168,689.63 B-3 07384MND0 SUB 5.93800% 1,864,614.60 9,030.80 99,224.96 B-4 07384MNJ7 SUB 5.93800% 932,334.33 4,515.53 49,613.92 B-5 07384MNL2 SUB 5.93800% 745,845.84 3,612.32 39,689.98 B-6 07384MNN8 SUB 5.93800% 746,015.28 3,613.14 39,699.00 R-I 07384MMZ2 SEN 5.64129% 0.00 0.00 0.00 R-II 07384MNA6 SEN 5.64129% 0.00 0.00 0.00 Totals 90,879,397.09 438,742.71 9,236,448.01
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 11,764,901.46 1,459,893.99 0.00 II-A 0.00 5,588,389.29 33,469.15 0.00 III-A 0.00 6,861,290.17 354,748.37 0.00 IV-A 0.00 1,894,257.42 318,068.29 0.00 V-A-1 0.00 6,753,871.38 1,675,308.23 0.00 V-A-2 0.00 14,167,702.12 3,521,428.44 0.00 V-X 0.00 0.00 3,388.47 0.00 VI-A 0.00 13,133,380.86 666,219.63 0.00 VI-X 0.00 0.00 5,366.96 0.00 VII-A 0.00 10,003,835.30 927,876.58 0.00 VII-X 0.00 0.00 5,742.46 0.00 B-1 0.00 4,413,448.52 270,637.85 0.00 B-2 0.00 3,001,290.34 184,042.65 0.00 B-3 0.00 1,765,389.64 108,255.76 0.00 B-4 0.00 882,720.41 54,129.45 0.00 B-5 0.00 706,155.86 43,302.30 0.00 B-6 0.00 706,316.28 43,312.14 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 Totals 0.00 81,642,949.05 9,675,190.72 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) I-A 129,498,400.00 13,165,073.25 16,368.47 1,383,803.31 0.00 0.00 II-A 59,280,900.00 5,595,522.45 6,666.80 466.36 0.00 0.00 III-A 30,541,200.00 7,181,218.33 3,377.46 316,550.69 0.00 0.00 IV-A 46,458,500.00 2,200,311.50 3,510.82 302,543.26 0.00 0.00 V-A-1 70,000,000.00 8,392,683.95 11,025.85 1,627,786.72 0.00 0.00 V-A-2 146,840,100.00 17,605,465.00 23,129.10 3,414,633.78 0.00 0.00 V-X 0.00 0.00 0.00 0.00 0.00 0.00 VI-A 73,744,800.00 13,737,121.59 1,199.19 602,541.54 0.00 0.00 VI-X 0.00 0.00 0.00 0.00 0.00 0.00 VII-A 111,119,500.00 10,881,701.51 10,812.95 867,053.26 0.00 0.00 VII-X 0.00 0.00 0.00 0.00 0.00 0.00 B-1 8,623,700.00 4,661,509.49 4,924.24 243,136.73 0.00 0.00 B-2 5,864,400.00 3,169,979.97 3,348.64 165,340.98 0.00 0.00 B-3 3,449,500.00 1,864,614.60 1,969.71 97,255.26 0.00 0.00 B-4 1,724,800.00 932,334.33 984.88 48,629.04 0.00 0.00 B-5 1,379,800.00 745,845.84 787.88 38,902.10 0.00 0.00 B-6 1,380,114.00 746,015.28 788.06 38,910.94 0.00 0.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 Totals 689,905,814.00 90,879,397.09 88,894.05 9,147,553.97 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution I-A 1,400,171.78 11,764,901.46 0.09084978 1,400,171.78 II-A 7,133.16 5,588,389.29 0.09426964 7,133.16 III-A 319,928.15 6,861,290.17 0.22465686 319,928.15 IV-A 306,054.07 1,894,257.42 0.04077311 306,054.07 V-A-1 1,638,812.57 6,753,871.38 0.09648388 1,638,812.57 V-A-2 3,437,762.88 14,167,702.12 0.09648388 3,437,762.88 V-X 0.00 0.00 0.00000000 0.00 VI-A 603,740.73 13,133,380.86 0.17809230 603,740.73 VI-X 0.00 0.00 0.00000000 0.00 VII-A 877,866.21 10,003,835.30 0.09002772 877,866.21 VII-X 0.00 0.00 0.00000000 0.00 B-1 248,060.97 4,413,448.52 0.51178131 248,060.97 B-2 168,689.63 3,001,290.34 0.51178131 168,689.63 B-3 99,224.96 1,765,389.64 0.51178131 99,224.96 B-4 49,613.92 882,720.41 0.51178131 49,613.92 B-5 39,689.98 706,155.86 0.51178132 39,689.98 B-6 39,699.00 706,316.28 0.51178111 39,699.00 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 Totals 9,236,448.01 81,642,949.05 0.11833927 9,236,448.01
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 129,498,400.00 101.66205335 0.12639901 10.68587187 0.00000000 II-A 59,280,900.00 94.38997131 0.11246118 0.00786695 0.00000000 III-A 30,541,200.00 235.13216016 0.11058701 10.36471029 0.00000000 IV-A 46,458,500.00 47.36079512 0.07556895 6.51211856 0.00000000 V-A-1 70,000,000.00 119.89548500 0.15751214 23.25409600 0.00000000 V-A-2 146,840,100.00 119.89548495 0.15751215 23.25409599 0.00000000 V-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 VI-A 73,744,800.00 186.27918972 0.01626135 8.17063088 0.00000000 VI-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 VII-A 111,119,500.00 97.92792003 0.09730920 7.80289022 0.00000000 VII-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 8,623,700.00 540.54634206 0.57101244 28.19401533 0.00000000 B-2 5,864,400.00 540.54634234 0.57101153 28.19401473 0.00000000 B-3 3,449,500.00 540.54634005 0.57101319 28.19401652 0.00000000 B-4 1,724,800.00 540.54634160 0.57101113 28.19401670 0.00000000 B-5 1,379,800.00 540.54634005 0.57101029 28.19401363 0.00000000 B-6 1,380,114.00 540.54612880 0.57101080 28.19400426 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A 0.00000000 10.81227089 90.84978239 0.09084978 10.81227089 II-A 0.00000000 0.12032813 94.26964317 0.09426964 0.12032813 III-A 0.00000000 10.47529730 224.65686253 0.22465686 10.47529730 IV-A 0.00000000 6.58768729 40.77310761 0.04077311 6.58768729 V-A-1 0.00000000 23.41160814 96.48387686 0.09648388 23.41160814 V-A-2 0.00000000 23.41160814 96.48387682 0.09648388 23.41160814 V-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 VI-A 0.00000000 8.18689223 178.09229749 0.17809230 8.18689223 VI-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 VII-A 0.00000000 7.90019942 90.02772061 0.09002772 7.90019942 VII-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 28.76502777 511.78131429 0.51178131 28.76502777 B-2 0.00000000 28.76502797 511.78131437 0.51178131 28.76502797 B-3 0.00000000 28.76502682 511.78131323 0.51178131 28.76502682 B-4 0.00000000 28.76502783 511.78131378 0.51178131 28.76502783 B-5 0.00000000 28.76502392 511.78131613 0.51178132 28.76502392 B-6 0.00000000 28.76501506 511.78111373 0.51178111 28.76501506 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall I-A 129,498,400.00 5.56180% 13,165,073.25 61,017.95 0.00 0.00 II-A 59,280,900.00 5.77048% 5,595,522.45 26,907.38 0.00 0.00 III-A 30,541,200.00 5.94479% 7,181,218.33 35,575.68 0.00 0.00 IV-A 46,458,500.00 6.69445% 2,200,311.50 12,274.89 0.00 0.00 V-A-1 70,000,000.00 5.33143% 8,392,683.95 37,287.48 0.00 0.00 V-A-2 146,840,100.00 5.82643% 17,605,465.00 85,480.79 0.00 0.00 V-X 0.00 0.49500% 8,392,683.95 3,461.98 0.00 0.00 VI-A 73,744,800.00 5.57623% 13,737,121.59 63,834.45 0.00 0.00 VI-X 0.00 0.47900% 13,737,121.59 5,483.40 0.00 0.00 VII-A 111,119,500.00 5.63464% 10,881,701.51 51,095.41 0.00 0.00 VII-X 0.00 0.64700% 10,881,701.51 5,867.05 0.00 0.00 B-1 8,623,700.00 5.93800% 4,661,509.49 23,066.71 0.00 0.00 B-2 5,864,400.00 5.93800% 3,169,979.97 15,686.12 0.00 0.00 B-3 3,449,500.00 5.93800% 1,864,614.60 9,226.74 0.00 0.00 B-4 1,724,800.00 5.93800% 932,334.33 4,613.50 0.00 0.00 B-5 1,379,800.00 5.93800% 745,845.84 3,690.69 0.00 0.00 B-6 1,380,114.00 5.93800% 746,015.28 3,691.53 0.00 0.00 R-I 50.00 5.64129% 0.00 0.00 0.00 0.00 R-II 50.00 5.64129% 0.00 0.00 0.00 0.00 Totals 689,905,814.00 448,261.75 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance I-A 1,295.75 0.00 59,722.21 0.00 11,764,901.46 II-A 571.39 0.00 26,335.99 0.00 5,588,389.29 III-A 755.47 0.00 34,820.22 0.00 6,861,290.17 IV-A 260.66 0.00 12,014.22 0.00 1,894,257.42 V-A-1 791.82 0.00 36,495.66 0.00 6,753,871.38 V-A-2 1,815.23 0.00 83,665.56 0.00 14,167,702.12 V-X 73.52 0.00 3,388.47 0.00 6,753,871.38 VI-A 1,355.56 0.00 62,478.90 0.00 13,133,380.86 VI-X 116.44 0.00 5,366.96 0.00 13,133,380.86 VII-A 1,085.04 0.00 50,010.37 0.00 10,003,835.30 VII-X 124.59 0.00 5,742.46 0.00 10,003,835.30 B-1 489.83 0.00 22,576.88 0.00 4,413,448.52 B-2 333.10 0.00 15,353.02 0.00 3,001,290.34 B-3 195.93 0.00 9,030.80 0.00 1,765,389.64 B-4 97.97 0.00 4,515.53 0.00 882,720.41 B-5 78.37 0.00 3,612.32 0.00 706,155.86 B-6 78.39 0.00 3,613.14 0.00 706,316.28 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 Totals 9,519.06 0.00 438,742.71 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall I-A 129,498,400.00 5.56180% 101.66205335 0.47118690 0.00000000 0.00000000 II-A 59,280,900.00 5.77048% 94.38997131 0.45389628 0.00000000 0.00000000 III-A 30,541,200.00 5.94479% 235.13216016 1.16484225 0.00000000 0.00000000 IV-A 46,458,500.00 6.69445% 47.36079512 0.26421193 0.00000000 0.00000000 V-A-1 70,000,000.00 5.33143% 119.89548500 0.53267829 0.00000000 0.00000000 V-A-2 146,840,100.00 5.82643% 119.89548495 0.58213519 0.00000000 0.00000000 V-X 0.00 0.49500% 119.89548500 0.04945686 0.00000000 0.00000000 VI-A 73,744,800.00 5.57623% 186.27918972 0.86561290 0.00000000 0.00000000 VI-X 0.00 0.47900% 186.27918972 0.07435643 0.00000000 0.00000000 VII-A 111,119,500.00 5.63464% 97.92792003 0.45982397 0.00000000 0.00000000 VII-X 0.00 0.64700% 97.92792003 0.05279946 0.00000000 0.00000000 B-1 8,623,700.00 5.93800% 540.54634206 2.67480432 0.00000000 0.00000000 B-2 5,864,400.00 5.93800% 540.54634234 2.67480390 0.00000000 0.00000000 B-3 3,449,500.00 5.93800% 540.54634005 2.67480504 0.00000000 0.00000000 B-4 1,724,800.00 5.93800% 540.54634160 2.67480288 0.00000000 0.00000000 B-5 1,379,800.00 5.93800% 540.54634005 2.67480070 0.00000000 0.00000000 B-6 1,380,114.00 5.93800% 540.54612880 2.67480078 0.00000000 0.00000000 R-I 50.00 5.64129% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 5.64129% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance I-A 0.01000592 0.00000000 0.46118106 0.00000000 90.84978239 II-A 0.00963869 0.00000000 0.44425759 0.00000000 94.26964317 III-A 0.02473609 0.00000000 1.14010648 0.00000000 224.65686253 IV-A 0.00561060 0.00000000 0.25860112 0.00000000 40.77310761 V-A-1 0.01131171 0.00000000 0.52136657 0.00000000 96.48387686 V-A-2 0.01236195 0.00000000 0.56977324 0.00000000 96.48387682 V-X 0.00105029 0.00000000 0.04840671 0.00000000 96.48387686 VI-A 0.01838177 0.00000000 0.84723126 0.00000000 178.09229749 VI-X 0.00157896 0.00000000 0.07277747 0.00000000 178.09229749 VII-A 0.00976462 0.00000000 0.45005935 0.00000000 90.02772061 VII-X 0.00112123 0.00000000 0.05167824 0.00000000 90.02772061 B-1 0.05680045 0.00000000 2.61800387 0.00000000 511.78131429 B-2 0.05680035 0.00000000 2.61800355 0.00000000 511.78131437 B-3 0.05679954 0.00000000 2.61800261 0.00000000 511.78131323 B-4 0.05680079 0.00000000 2.61800209 0.00000000 511.78131378 B-5 0.05679809 0.00000000 2.61800261 0.00000000 511.78131613 B-6 0.05679966 0.00000000 2.61800112 0.00000000 511.78111373 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 9,704,786.94 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 13,174.90 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 9,717,961.84 Withdrawals Reimbursement for Servicer Advances 19,081.71 Payment of Service Fee 23,689.39 Payment of Interest and Principal 9,675,190.74 Total Withdrawals (Pool Distribution Amount) 9,717,961.84 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 9,519.06 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 9,519.06
SERVICING FEES Gross Servicing Fee 23,689.39 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 23,689.39
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 3 0 0 0 3 1,007,484.88 0.00 0.00 0.00 1,007,484.88 60 Days 1 0 0 0 1 332,644.05 0.00 0.00 0.00 332,644.05 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 1 0 0 0 1 369,860.01 0.00 0.00 0.00 369,860.01 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 1 1 0.00 0.00 0.00 496,117.44 496,117.44 Totals 5 0 0 1 6 1,709,988.94 0.00 0.00 496,117.44 2,206,106.38 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.310044% 0.000000% 0.000000% 0.000000% 1.310044% 1.233089% 0.000000% 0.000000% 0.000000% 1.233089% 60 Days 0.436681% 0.000000% 0.000000% 0.000000% 0.436681% 0.407132% 0.000000% 0.000000% 0.000000% 0.407132% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.436681% 0.000000% 0.000000% 0.000000% 0.436681% 0.452682% 0.000000% 0.000000% 0.000000% 0.452682% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.436681% 0.436681% 0.000000% 0.000000% 0.000000% 0.607212% 0.607212% Totals 2.183406% 0.000000% 0.000000% 0.436681% 2.620087% 2.092903% 0.000000% 0.000000% 0.607212% 2.700115%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 1 0 0 0 1 369,860.01 0.00 0.00 0.00 369,860.01 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 1 1 0.00 0.00 0.00 496,117.44 496,117.44 Totals 1 0 0 1 2 369,860.01 0.00 0.00 496,117.44 865,977.45 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 3.571429% 0.000000% 0.000000% 0.000000% 3.571429% 2.683663% 0.000000% 0.000000% 0.000000% 2.683663% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 3.571429% 3.571429% 0.000000% 0.000000% 0.000000% 3.599772% 3.599772% Totals 3.571429% 0.000000% 0.000000% 3.571429% 7.142857% 2.683663% 0.000000% 0.000000% 3.599772% 6.283435% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 538,949.84 0.00 0.00 0.00 538,949.84 60 Days 1 0 0 0 1 332,644.05 0.00 0.00 0.00 332,644.05 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2 0 0 0 2 871,593.89 0.00 0.00 0.00 871,593.89 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.777778% 0.000000% 0.000000% 0.000000% 2.777778% 7.163484% 0.000000% 0.000000% 0.000000% 7.163484% 60 Days 2.777778% 0.000000% 0.000000% 0.000000% 2.777778% 4.421358% 0.000000% 0.000000% 0.000000% 4.421358% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 5.555556% 0.000000% 0.000000% 0.000000% 5.555556% 11.584842% 0.000000% 0.000000% 0.000000% 11.584842% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 5 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 130,729.08 0.00 0.00 0.00 130,729.08 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 0 0 1 130,729.08 0.00 0.00 0.00 130,729.08 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.562500% 0.000000% 0.000000% 0.000000% 1.562500% 0.529856% 0.000000% 0.000000% 0.000000% 0.529856% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.562500% 0.000000% 0.000000% 0.000000% 1.562500% 0.529856% 0.000000% 0.000000% 0.000000% 0.529856% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 6 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 7 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 337,805.96 0.00 0.00 0.00 337,805.96 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 0 0 1 337,805.96 0.00 0.00 0.00 337,805.96 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.571429% 0.000000% 0.000000% 0.000000% 3.571429% 2.839779% 0.000000% 0.000000% 0.000000% 2.839779% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.571429% 0.000000% 0.000000% 0.000000% 3.571429% 2.839779% 0.000000% 0.000000% 0.000000% 2.839779%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 13,174.90
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 560,407,414.00 81.22955375% 69,878,047.59 85.58981321% 14.410187% 0.000000% Class 2A 501,126,514.00 72.63694606% 64,289,658.30 78.74489965% 6.844914% 48.699198% Class 3A 470,585,314.00 68.21008092% 57,428,368.13 70.34087916% 8.404020% 59.791706% Class B-1 13,798,714.00 2.00008664% 7,061,872.53 8.64970290% 5.405793% 38.460349% Class B-2 7,934,314.00 1.15005756% 4,060,582.19 4.97358588% 3.676117% 26.154304% Class B-3 4,484,814.00 0.65006178% 2,295,192.55 2.81125630% 2.162330% 15.384229% Class B-4 2,760,014.00 0.40005664% 1,412,472.14 1.73006017% 1.081196% 7.692337% Class B-5 1,380,214.00 0.20005832% 706,316.28 0.86512833% 0.864932% 6.153692% Class B-6 100.00 0.00001449% 0.00 0.00000000% 0.865128% 6.155089% Class R-I 50.00 0.00000725% 0.00 0.00000000% 0.000000% 0.000000% Class R-II 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.231791% Weighted Average Net Coupon 5.918989% Weighted Average Pass-Through Rate 5.918989% Weighted Average Maturity(Stepdown Calculation ) 332 Beginning Scheduled Collateral Loan Count 252 Number Of Loans Paid In Full 23 Ending Scheduled Collateral Loan Count 229 Beginning Scheduled Collateral Balance 90,879,397.08 Ending Scheduled Collateral Balance 81,642,949.05 Ending Actual Collateral Balance at 30-Jun-2004 81,704,148.88 Monthly P &I Constant 560,845.21 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 8,979,756.04 Ending Scheduled Balance for Premium Loans 81,642,949.05 Scheduled Principal 88,894.06 Unscheduled Principal 9,147,553.97
Miscellaneous Reporting Average Loss Severity Group 1 0 Senior Percentage Group 1 86.251442% Senior Prepayment Percentage Grp 1 93.125721% Subordinate Percentage Group 1 13.748558% Subordinate Prepayment Pct Group 1 6.874279% Average Loss Severity Group 2 0 Senior Percentage Group 2 84.536889% Senior Prepayment Percentage Grp 2 92.268444% Subordinate Percentage Group 2 15.463111% Subordinate Prepayment Pct Group 2 7.731556% Average Loss Severity Group 3 0 Senior Percentage Group 3 91.439732% Senior Prepayment Percentage Grp 3 95.719866% Subordinate Percentage Group 3 8.560268% Subordinate Prepayment Pct Group 3 4.280134% Average Loss Severity Group 4 0 Senior Percentage Group 4 74.706652% Senior Prepayment Percentage Grp 4 87.353326% Subordinate Percentage Group 4 25.293348% Subordinate Prepayment Pct Group 4 12.646674% Average Loss Severity Group 5 0 Senior Percentage Group 5 86.365344% Senior Prepayment Percentage Grp 5 93.182672% Subordinate Percentage Group 5 13.634656% Subordinate Prepayment Pct Group 5 6.817328% Average Loss Severity Group 6 0 Senior Percentage Group 6 90.043127% Senior Prepayment Percentage Grp 6 95.021563% Subordinate Percentage Group 6 9.956873% Subordinate Prepayment Pct Group 6 4.978437% Average Loss Severity Group 7 0 Senior Percentage Group 7 84.752951% Senior Prepayment Percentage Grp 7 92.376476% Subordinate Percentage Group 7 15.247049% Subordinate Prepayment Pct Group 7 7.623524%
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.931708 6.027404 6.268508 Weighted Average Net Rate 5.561803 5.770481 5.944787 Weighted Average Maturity 333 331 333 Beginning Loan Count 31 16 38 Loans Paid In Full 3 0 2 Ending Loan Count 28 16 36 Beginning Scheduled Balance 15,263,597.76 6,619,030.50 7,853,498.86 Ending scheduled Balance 13,758,668.36 6,610,638.80 7,519,099.89 Record Date 06/30/2004 06/30/2004 06/30/2004 Principal And Interest Constant 94,426.96 41,132.57 44,718.42 Scheduled Principal 18,977.62 7,886.26 3,693.65 Unscheduled Principal 1,485,951.78 505.44 330,705.32 Scheduled Interest 75,449.34 33,246.31 41,024.77 Servicing Fees 4,705.07 1,417.15 2,118.62 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 70,744.27 31,829.16 38,906.15 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.561803 5.770482 5.944788
Group Level Collateral Statement Group Group 4 Group 5 Group 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.944445 6.091651 6.420531 Weighted Average Net Rate 6.694444 5.826426 6.055230 Weighted Average Maturity 320 332 334 Beginning Loan Count 7 76 54 Loans Paid In Full 1 12 3 Ending Loan Count 6 64 51 Beginning Scheduled Balance 2,945,268.53 30,102,524.79 15,256,157.93 Ending scheduled Balance 2,594,224.77 24,651,649.20 14,620,715.81 Record Date 06/30/2004 06/30/2004 06/30/2004 Principal And Interest Constant 21,743.85 192,358.79 82,958.99 Scheduled Principal 4,699.47 39,547.06 1,331.80 Unscheduled Principal 346,344.29 5,411,328.53 634,110.32 Scheduled Interest 17,044.38 152,811.73 81,627.19 Servicing Fees 613.60 6,653.28 4,644.24 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 16,430.78 146,158.45 76,982.95 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.694445 5.826426 6.055230
Group Level Collateral Statement Group Group 7 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.612260 6.231791 Weighted Average Net Rate 6.281642 5.918989 Weighted Average Maturity 333.00 332.00 Record Date 06/30/2004 06/30/2004 Principal And Interest Constant 83,505.63 560,845.21 Beginning Loan Count 30 252 Loans Paid In Full 2 23 Ending Loan Count 28 229 Beginning Scheduled Balance 12,839,318.71 90,879,397.08 Ending Scheduled Balance 11,887,952.22 81,642,949.05 Scheduled Principal 12,758.20 88,894.06 Unscheduled Principal 938,608.29 9,147,553.97 Scheduled Interest 70,747.43 471,951.15 Servicing Fee 3,537.43 23,689.39 Master Servicing Fee 0.00 0.00 Trustee Fee 0.00 0.00 Fry Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 67,210.00 448,261.76 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.281642 5.918989
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