-----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, U9+K1SksRP72gYwczzsKQG3qTaHxZZZc+1xC0Fy2wZ0JV5R2dcTnke1Zi+WtoeFj jCERWFHyVAExFul12DwFWg== 0001056404-04-003404.txt : 20041005 0001056404-04-003404.hdr.sgml : 20041005 20041005155934 ACCESSION NUMBER: 0001056404-04-003404 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040927 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041005 DATE AS OF CHANGE: 20041005 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEAR STEARNS ARM TRUST MORTGAGE PASS THRU CERT SERS 2002-5 CENTRAL INDEX KEY: 0001176987 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-68542-06 FILM NUMBER: 041066143 MAIL ADDRESS: STREET 1: 9062 OLD ANNAPOLIS RD CITY: COLUMBIA STATE: MD ZIP: 21045-1951 8-K 1 bst02005_sep.txt SEPT. 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): September 27, 2004 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2002-5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-68542-06 90-0072865 Pooling and Servicing Agreement) (Commission 90-0072867 (State or other File Number) 90-0073124 jurisdiction 90-0073141 of Incorporation) IRS EIN 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) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On September 27, 2004 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2002-5 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-5 Trust, relating to the September 27, 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 2002-5 Trust (Registrant) 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: 9/29/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-5 Trust, relating to the September 27, 2004 distribution. EX-99.1
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 8/31/04 Distribution Date: 9/27/04 BST Series: 2002-5 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 07384MKZ4 SEN 3.90811% 11,569,969.33 37,680.60 31,013.06 II-A 07384MLA8 SEN 5.36850% 1,894,237.53 8,474.35 2,561.84 R-1 07384MLB6 RES 5.65566% 0.00 0.00 0.00 R-2 07384MLC4 RES 5.65566% 0.00 0.00 0.00 R-3 07384MLD2 RES 5.65566% 0.00 0.00 0.00 R-4 07384MLE0 RES 5.65566% 0.00 0.00 0.00 III-A 07384MLF7 SEN 5.05812% 1,339,859.68 5,647.65 3,466.52 IV-A1 07384MLG5 SEN 5.58179% 14,391,969.76 66,944.10 978,176.80 IV-A2 07384MLH3 SEN 5.37679% 5,664,924.27 25,382.58 385,027.04 IV-A3 07384MMG4 SEN 5.27179% 3,062,121.23 13,452.38 208,122.72 IV-A4 07384MMH2 SEN 5.80179% 6,200,795.48 29,979.75 421,448.51 IV-A5 07384MMJ8 SEN 5.80179% 80,840.00 390.85 5,494.44 IV-X 07384MLJ9 SEN 0.51078% 0.00 12,514.44 0.00 V-A 07384MLK6 SEN 6.11335% 6,546,955.38 33,353.19 13,405.51 VI-A 07384MLL4 SEN 5.94152% 23,975,281.29 118,707.90 1,041,452.92 VII-A 07384MLM2 SEN 6.66945% 852,877.86 4,740.19 640.53 B-1 07384MLN0 SUB 5.83019% 6,485,027.31 31,507.43 128,073.22 B-2 07384MLP5 SUB 5.83019% 3,974,703.27 19,311.05 78,496.67 B-3 07384MLQ3 SUB 5.83019% 2,091,889.62 10,163.42 41,312.86 B-4 07384MLR1 SUB 5.83019% 1,045,991.89 5,081.94 20,657.36 B-5 07384MLS9 SUB 5.83019% 1,046,038.97 5,082.17 20,658.29 B-6 07384MLT7 SUB 5.83019% 1,032,593.86 5,016.85 19,223.19 Totals 91,256,076.73 433,430.84 3,399,231.48
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 11,538,956.27 68,693.66 0.00 II-A 0.00 1,891,675.69 11,036.19 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 R-4 0.00 0.00 0.00 0.00 III-A 0.00 1,336,393.17 9,114.17 0.00 IV-A1 0.00 13,413,792.96 1,045,120.90 0.00 IV-A2 0.00 5,279,897.23 410,409.62 0.00 IV-A3 0.00 2,853,998.50 221,575.10 0.00 IV-A4 0.00 5,779,346.97 451,428.26 0.00 IV-A5 0.00 75,345.56 5,885.29 0.00 IV-X 0.00 0.00 12,514.44 0.00 V-A 0.00 6,533,549.87 46,758.70 0.00 VI-A 0.00 22,933,828.36 1,160,160.82 0.00 VII-A 0.00 852,237.33 5,380.72 0.00 B-1 0.00 6,356,954.10 159,580.65 0.00 B-2 0.00 3,896,206.60 97,807.72 0.00 B-3 0.00 2,050,576.76 51,476.28 0.00 B-4 0.00 1,025,334.53 25,739.30 0.00 B-5 0.00 1,025,380.68 25,740.46 0.00 B-6 1,169.57 1,012,201.10 24,240.04 15,095.12 Totals 1,169.57 87,855,675.68 3,832,662.32 15,095.12 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 35,180,200.00 11,569,969.33 29,427.89 1,585.17 0.00 0.00 II-A 74,454,400.00 1,894,237.53 2,492.61 69.23 0.00 0.00 R-1 50.00 0.00 0.00 0.00 0.00 0.00 R-2 50.00 0.00 0.00 0.00 0.00 0.00 R-3 50.00 0.00 0.00 0.00 0.00 0.00 R-4 50.00 0.00 0.00 0.00 0.00 0.00 III-A 19,396,800.00 1,339,859.68 2,221.86 1,244.66 0.00 0.00 IV-A1 188,000,000.00 14,391,969.76 15,456.93 962,719.87 0.00 0.00 IV-A2 74,000,000.00 5,664,924.27 6,084.11 378,942.93 0.00 0.00 IV-A3 40,000,000.00 3,062,121.23 3,288.71 204,834.01 0.00 0.00 IV-A4 81,000,000.00 6,200,795.48 6,659.64 414,788.88 0.00 0.00 IV-A5 1,056,000.00 80,840.00 86.82 5,407.62 0.00 0.00 IV-X 0.00 0.00 0.00 0.00 0.00 0.00 V-A 80,038,800.00 6,546,955.38 10,467.12 2,938.40 0.00 0.00 VI-A 248,618,300.00 23,975,281.29 20,480.98 1,020,971.94 0.00 0.00 VII-A 13,632,100.00 852,877.86 625.23 15.31 0.00 0.00 B-1 13,774,900.00 6,485,027.31 7,681.34 120,391.88 0.00 0.00 B-2 8,442,700.00 3,974,703.27 4,707.93 73,788.74 0.00 0.00 B-3 4,443,400.00 2,091,889.62 2,477.79 38,835.08 0.00 0.00 B-4 2,221,800.00 1,045,991.89 1,238.95 19,418.41 0.00 0.00 B-5 2,221,900.00 1,046,038.97 1,239.00 19,419.29 0.00 0.00 B-6 2,222,022.00 1,032,593.86 1,223.08 18,000.11 0.00 1,169.57 Totals 888,703,522.00 91,256,076.73 115,859.99 3,283,371.53 0.00 1,169.57 (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 31,013.06 11,538,956.27 0.32799576 31,013.06 II-A 2,561.84 1,891,675.69 0.02540717 2,561.84 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 R-3 0.00 0.00 0.00000000 0.00 R-4 0.00 0.00 0.00000000 0.00 III-A 3,466.52 1,336,393.17 0.06889761 3,466.52 IV-A1 978,176.80 13,413,792.96 0.07134996 978,176.80 IV-A2 385,027.04 5,279,897.23 0.07134996 385,027.04 IV-A3 208,122.72 2,853,998.50 0.07134996 208,122.72 IV-A4 421,448.51 5,779,346.97 0.07134996 421,448.51 IV-A5 5,494.44 75,345.56 0.07134996 5,494.44 IV-X 0.00 0.00 0.00000000 0.00 V-A 13,405.51 6,533,549.87 0.08162978 13,405.51 VI-A 1,041,452.92 22,933,828.36 0.09224513 1,041,452.92 VII-A 640.53 852,237.33 0.06251695 640.53 B-1 128,073.22 6,356,954.10 0.46148822 128,073.22 B-2 78,496.67 3,896,206.60 0.46148822 78,496.67 B-3 41,312.86 2,050,576.76 0.46148822 41,312.86 B-4 20,657.36 1,025,334.53 0.46148822 20,657.36 B-5 20,658.29 1,025,380.68 0.46148822 20,658.29 B-6 20,392.76 1,012,201.10 0.45553154 19,223.19 Totals 3,400,401.05 87,855,675.68 0.09885825 3,399,231.48
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 35,180,200.00 328.87730399 0.83649013 0.04505858 0.00000000 II-A 74,454,400.00 25.44157941 0.03347834 0.00092983 0.00000000 R-1 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-3 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-4 50.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A 19,396,800.00 69.07632599 0.11454776 0.06416832 0.00000000 IV-A1 188,000,000.00 76.55303064 0.08221771 5.12085037 0.00000000 IV-A2 74,000,000.00 76.55303068 0.08221770 5.12085041 0.00000000 IV-A3 40,000,000.00 76.55303075 0.08221775 5.12085025 0.00000000 IV-A4 81,000,000.00 76.55303062 0.08221778 5.12085037 0.00000000 IV-A5 1,056,000.00 76.55303030 0.08221591 5.12085227 0.00000000 IV-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 V-A 80,038,800.00 81.79727057 0.13077557 0.03671219 0.00000000 VI-A 248,618,300.00 96.43409713 0.08237921 4.10658403 0.00000000 VII-A 13,632,100.00 62.56393806 0.04586454 0.00112308 0.00000000 B-1 13,774,900.00 470.78579953 0.55763309 8.73994584 0.00000000 B-2 8,442,700.00 470.78579957 0.55763322 8.73994575 0.00000000 B-3 4,443,400.00 470.78579916 0.55763379 8.73994689 0.00000000 B-4 2,221,800.00 470.78579980 0.55763345 8.73994509 0.00000000 B-5 2,221,900.00 470.78580044 0.55763086 8.73994779 0.00000000 B-6 2,222,022.00 464.70910729 0.55043559 8.10077938 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 0.88154871 327.99575528 0.32799576 0.88154871 II-A 0.00000000 0.03440817 25.40717124 0.02540717 0.03440817 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A 0.00000000 0.17871608 68.89761043 0.06889761 0.17871608 IV-A1 0.00000000 5.20306809 71.34996255 0.07134996 5.20306809 IV-A2 0.00000000 5.20306811 71.34996257 0.07134996 5.20306811 IV-A3 0.00000000 5.20306800 71.34996250 0.07134996 5.20306800 IV-A4 0.00000000 5.20306802 71.34996259 0.07134996 5.20306802 IV-A5 0.00000000 5.20306818 71.34996212 0.07134996 5.20306818 IV-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 V-A 0.00000000 0.16748764 81.62978293 0.08162978 0.16748764 VI-A 0.00000000 4.18896324 92.24513385 0.09224513 4.18896324 VII-A 0.00000000 0.04698689 62.51695117 0.06251695 0.04698689 B-1 0.00000000 9.29757893 461.48822133 0.46148822 9.29757893 B-2 0.00000000 9.29757897 461.48822059 0.46148822 9.29757897 B-3 0.00000000 9.29757843 461.48822073 0.46148822 9.29757843 B-4 0.00000000 9.29757854 461.48822126 0.46148822 9.29757854 B-5 0.00000000 9.29757865 461.48822179 0.46148822 9.29757865 B-6 0.52635392 9.17756890 455.53153839 0.45553154 8.65121497 (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 35,180,200.00 3.90811% 11,569,969.33 37,680.60 0.00 0.00 II-A 74,454,400.00 5.36850% 1,894,237.53 8,474.35 0.00 0.00 R-1 50.00 5.65566% 0.00 0.00 0.00 0.00 R-2 50.00 5.65566% 0.00 0.00 0.00 0.00 R-3 50.00 5.65566% 0.00 0.00 0.00 0.00 R-4 50.00 5.65566% 0.00 0.00 0.00 0.00 III-A 19,396,800.00 5.05812% 1,339,859.68 5,647.65 0.00 0.00 IV-A1 188,000,000.00 5.58179% 14,391,969.76 66,944.09 0.00 0.00 IV-A2 74,000,000.00 5.37679% 5,664,924.27 25,382.58 0.00 0.00 IV-A3 40,000,000.00 5.27179% 3,062,121.23 13,452.38 0.00 0.00 IV-A4 81,000,000.00 5.80179% 6,200,795.48 29,979.75 0.00 0.00 IV-A5 1,056,000.00 5.80179% 80,840.00 390.85 0.00 0.00 IV-X 0.00 0.51078% 29,400,650.74 12,514.44 0.00 0.00 V-A 80,038,800.00 6.11335% 6,546,955.38 33,353.19 0.00 0.00 VI-A 248,618,300.00 5.94152% 23,975,281.29 118,707.90 0.00 0.00 VII-A 13,632,100.00 6.66945% 852,877.86 4,740.19 0.00 0.00 B-1 13,774,900.00 5.83019% 6,485,027.31 31,507.43 0.00 0.00 B-2 8,442,700.00 5.83019% 3,974,703.27 19,311.05 0.00 0.00 B-3 4,443,400.00 5.83019% 2,091,889.62 10,163.42 0.00 0.00 B-4 2,221,800.00 5.83019% 1,045,991.89 5,081.94 0.00 0.00 B-5 2,221,900.00 5.83019% 1,046,038.97 5,082.17 0.00 0.00 B-6 2,222,022.00 5.83019% 1,032,593.86 5,016.85 0.00 0.00 Totals 888,703,522.00 433,430.83 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 0.00 0.00 37,680.60 0.00 11,538,956.27 II-A 0.00 0.00 8,474.35 0.00 1,891,675.69 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 R-4 0.00 0.00 0.00 0.00 0.00 III-A 0.00 0.00 5,647.65 0.00 1,336,393.17 IV-A1 0.00 0.00 66,944.10 0.00 13,413,792.96 IV-A2 0.00 0.00 25,382.58 0.00 5,279,897.23 IV-A3 0.00 0.00 13,452.38 0.00 2,853,998.50 IV-A4 0.00 0.00 29,979.75 0.00 5,779,346.97 IV-A5 0.00 0.00 390.85 0.00 75,345.56 IV-X 0.00 0.00 12,514.44 0.00 27,402,381.22 V-A 0.00 0.00 33,353.19 0.00 6,533,549.87 VI-A 0.00 0.00 118,707.90 0.00 22,933,828.36 VII-A 0.00 0.00 4,740.19 0.00 852,237.33 B-1 0.00 0.00 31,507.43 0.00 6,356,954.10 B-2 0.00 0.00 19,311.05 0.00 3,896,206.60 B-3 0.00 0.00 10,163.42 0.00 2,050,576.76 B-4 0.00 0.00 5,081.94 0.00 1,025,334.53 B-5 0.00 0.00 5,082.17 0.00 1,025,380.68 B-6 0.00 0.00 5,016.85 0.00 1,012,201.10 Totals 0.00 0.00 433,430.84 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 35,180,200.00 3.90811% 328.87730399 1.07107407 0.00000000 0.00000000 II-A 74,454,400.00 5.36850% 25.44157941 0.11381933 0.00000000 0.00000000 R-1 50.00 5.65566% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 5.65566% 0.00000000 0.00000000 0.00000000 0.00000000 R-3 50.00 5.65566% 0.00000000 0.00000000 0.00000000 0.00000000 R-4 50.00 5.65566% 0.00000000 0.00000000 0.00000000 0.00000000 III-A 19,396,800.00 5.05812% 69.07632599 0.29116401 0.00000000 0.00000000 IV-A1 188,000,000.00 5.58179% 76.55303064 0.35608559 0.00000000 0.00000000 IV-A2 74,000,000.00 5.37679% 76.55303068 0.34300784 0.00000000 0.00000000 IV-A3 40,000,000.00 5.27179% 76.55303075 0.33630950 0.00000000 0.00000000 IV-A4 81,000,000.00 5.80179% 76.55303062 0.37012037 0.00000000 0.00000000 IV-A5 1,056,000.00 5.80179% 76.55303030 0.37012311 0.00000000 0.00000000 IV-X 0.00 0.51078% 76.55303065 0.03258494 0.00000000 0.00000000 V-A 80,038,800.00 6.11335% 81.79727057 0.41671277 0.00000000 0.00000000 VI-A 248,618,300.00 5.94152% 96.43409713 0.47747048 0.00000000 0.00000000 VII-A 13,632,100.00 6.66945% 62.56393806 0.34772265 0.00000000 0.00000000 B-1 13,774,900.00 5.83019% 470.78579953 2.28730735 0.00000000 0.00000000 B-2 8,442,700.00 5.83019% 470.78579957 2.28730738 0.00000000 0.00000000 B-3 4,443,400.00 5.83019% 470.78579916 2.28730702 0.00000000 0.00000000 B-4 2,221,800.00 5.83019% 470.78579980 2.28730759 0.00000000 0.00000000 B-5 2,221,900.00 5.83019% 470.78580044 2.28730816 0.00000000 0.00000000 B-6 2,222,022.00 5.83019% 464.70910729 2.25778593 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 0.00000000 0.00000000 1.07107407 0.00000000 327.99575528 II-A 0.00000000 0.00000000 0.11381933 0.00000000 25.40717124 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A 0.00000000 0.00000000 0.29116401 0.00000000 68.89761043 IV-A1 0.00000000 0.00000000 0.35608564 0.00000000 71.34996255 IV-A2 0.00000000 0.00000000 0.34300784 0.00000000 71.34996257 IV-A3 0.00000000 0.00000000 0.33630950 0.00000000 71.34996250 IV-A4 0.00000000 0.00000000 0.37012037 0.00000000 71.34996259 IV-A5 0.00000000 0.00000000 0.37012311 0.00000000 71.34996212 IV-X 0.00000000 0.00000000 0.03258494 0.00000000 71.34996256 V-A 0.00000000 0.00000000 0.41671277 0.00000000 81.62978293 VI-A 0.00000000 0.00000000 0.47747048 0.00000000 92.24513385 VII-A 0.00000000 0.00000000 0.34772265 0.00000000 62.51695117 B-1 0.00000000 0.00000000 2.28730735 0.00000000 461.48822133 B-2 0.00000000 0.00000000 2.28730738 0.00000000 461.48822059 B-3 0.00000000 0.00000000 2.28730702 0.00000000 461.48822073 B-4 0.00000000 0.00000000 2.28730759 0.00000000 461.48822126 B-5 0.00000000 0.00000000 2.28730816 0.00000000 461.48822179 B-6 0.00000000 0.00000000 2.25778593 0.00000000 455.53153839 (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 3,864,531.33 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 9,092.21 Realized Loss (Gains, Subsequent Expenses & Recoveries) (1,169.57) Prepayment Penalties 0.00 Total Deposits 3,872,453.97 Withdrawals Reimbursement for Servicer Advances 13,314.44 Payment of Service Fee 26,476.96 Payment of Interest and Principal 3,832,662.57 Total Withdrawals (Pool Distribution Amount) 3,872,453.97 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES Gross Servicing Fee 26,476.96 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 26,476.96
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 2 0 0 0 2 263,492.22 0.00 0.00 0.00 263,492.22 60 Days 2 0 0 0 2 628,456.08 0.00 0.00 0.00 628,456.08 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 1 1 0 2 0.00 252,974.91 396,174.42 0.00 649,149.33 Totals 4 1 1 0 6 891,948.30 252,974.91 396,174.42 0.00 1,541,097.63 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 0.881057% 0.000000% 0.000000% 0.000000% 0.881057% 0.299560% 0.000000% 0.000000% 0.000000% 0.299560% 60 Days 0.881057% 0.000000% 0.000000% 0.000000% 0.881057% 0.714481% 0.000000% 0.000000% 0.000000% 0.714481% 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% 0.440529% 0.440529% 0.000000% 0.881057% 0.000000% 0.287603% 0.450404% 0.000000% 0.738007% Totals 1.762115% 0.440529% 0.440529% 0.000000% 2.643172% 1.014041% 0.287603% 0.450404% 0.000000% 1.752048%
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 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 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 1 0 0 1 0.00 252,974.91 0.00 0.00 252,974.91 Totals 0 1 0 0 1 0.00 252,974.91 0.00 0.00 252,974.91 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% 12.500000% 0.000000% 0.000000% 12.500000% 0.000000% 8.304032% 0.000000% 0.000000% 8.304032% Totals 0.000000% 12.500000% 0.000000% 0.000000% 12.500000% 0.000000% 8.304032% 0.000000% 0.000000% 8.304032% 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 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 1 0 1 0.00 0.00 396,174.42 0.00 396,174.42 Totals 0 0 1 0 1 0.00 0.00 396,174.42 0.00 396,174.42 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% 20.000000% 0.000000% 20.000000% 0.000000% 0.000000% 24.032241% 0.000000% 24.032241% Totals 0.000000% 0.000000% 20.000000% 0.000000% 20.000000% 0.000000% 0.000000% 24.032241% 0.000000% 24.032241% 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 1 0 0 0 1 137,582.22 0.00 0.00 0.00 137,582.22 60 Days 2 0 0 0 2 628,456.08 0.00 0.00 0.00 628,456.08 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 3 0 0 0 3 766,038.30 0.00 0.00 0.00 766,038.30 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.098901% 0.000000% 0.000000% 0.000000% 1.098901% 0.406209% 0.000000% 0.000000% 0.000000% 0.406209% 60 Days 2.197802% 0.000000% 0.000000% 0.000000% 2.197802% 1.855506% 0.000000% 0.000000% 0.000000% 1.855506% 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 3.296703% 0.000000% 0.000000% 0.000000% 3.296703% 2.261715% 0.000000% 0.000000% 0.000000% 2.261715% 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 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 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 1 0 0 0 1 125,910.00 0.00 0.00 0.00 125,910.00 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 1 0 0 0 1 125,910.00 0.00 0.00 0.00 125,910.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.351351% 0.000000% 0.000000% 0.000000% 1.351351% 0.457092% 0.000000% 0.000000% 0.000000% 0.457092% 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 1.351351% 0.000000% 0.000000% 0.000000% 1.351351% 0.457092% 0.000000% 0.000000% 0.000000% 0.457092% 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 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%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 9,092.21
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 853,523,322.00 96.04140194% 76,316,719.41 86.86600930% 13.133991% 0.000000% Class 2A 779,068,922.00 87.66353484% 74,425,043.72 84.71284655% 2.153163% 12.310264% Class R-I 779,068,872.00 87.66352922% 74,425,043.72 84.71284655% 0.000000% 0.000000% Class R-II 779,068,822.00 87.66352359% 74,425,043.72 84.71284655% 0.000000% 0.000000% Class R-III 779,068,772.00 87.66351796% 74,425,043.72 84.71284655% 0.000000% 0.000000% Class R-IV 779,068,722.00 87.66351234% 74,425,043.72 84.71284655% 0.000000% 0.000000% Class 3A 759,671,922.00 85.48091718% 73,088,650.55 83.19172323% 1.521123% 8.696709% Class V-A 295,577,122.00 33.25936204% 39,152,719.46 44.56481514% 7.436685% 42.517714% Class B-1 19,551,822.00 2.20003877% 9,009,699.67 10.25511397% 7.235678% 41.368500% Class B-2 11,109,122.00 1.25003690% 5,113,493.07 5.82033321% 4.434781% 25.354945% Class B-3 6,665,722.00 0.75005014% 3,062,916.31 3.48630443% 2.334029% 13.344329% Class B-4 4,443,922.00 0.50004550% 2,037,581.78 2.31923750% 1.167067% 6.672465% Class B-5 2,222,022.00 0.25002962% 1,012,201.10 1.15211805% 1.167119% 6.672765% Class B-6 0.00 0.00000000% 0.00 0.00000000% 1.152118% 6.586998% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.047700% Weighted Average Net Coupon 5.699533% Weighted Average Pass-Through Rate 5.699533% Weighted Average Maturity(Stepdown Calculation ) 325 Beginning Scheduled Collateral Loan Count 237 Number Of Loans Paid In Full 10 Ending Scheduled Collateral Loan Count 227 Beginning Scheduled Collateral Balance 91,256,076.74 Ending Scheduled Collateral Balance 87,855,675.68 Ending Actual Collateral Balance at 31-Aug-2004 87,959,772.57 Monthly P &I Constant 575,767.75 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 1,169.57 Cumulative Realized Loss 15,095.12 Class A Optimal Amount 3,448,077.85 Ending Scheduled Balance for Premium Loans 87,855,675.68 Scheduled Principal 115,859.97 Unscheduled Principal 3,284,541.09
Miscellaneous Reporting Average Loss Severity 1,169.57 Senior Percentage 1 91.820641% Senior Percentage 2 62.224933% Senior Percentage 3 81.441994% Senior Percentage 4 81.572267% Senior Percentage 5 79.902871% Senior Percentage 6 83.652040% Senior Percentage 7 79.761647% Senior Prep Percentage 1 95.910321% Senior Prep Percentage 2 81.112467% Senior Prep Percentage 3 90.720997% Senior Prep Percentage 4 90.786134% Senior Prep Percentage 5 89.951436% Senior Prep Percentage 6 91.826020% Senior Prep Percentage 7 89.880824% Subordinate Percentage 1 8.179359% Subordinate Percentage 2 37.775067% Subordinate Percentage 3 18.558006% Subordinate Percentage 4 18.427733% Subordinate Percentage 5 20.097129% Subordinate Percentage 6 16.347960% Subordinate Percentage 7 20.238353% Subordinate Prep Percentage 1 4.089679% Subordinate Prep Percentage 2 18.887533% Subordinate Prep Percentage 3 9.279003% Subordinate Prep Percentage 4 9.213866% Subordinate Prep Percentage 5 10.048564% Subordinate Prep Percentage 6 8.17398% Subordinate Prep Percentage 7 10.119176%
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.283110 5.618503 5.433124 Weighted Average Net Rate 3.908111 5.368504 5.058121 Weighted Average Maturity 287 329 313 Beginning Loan Count 34 8 5 Loans Paid In Full 0 0 0 Ending Loan Count 34 8 5 Beginning Scheduled Balance 12,600,619.18 3,044,177.69 1,645,170.53 Ending scheduled Balance 12,566,917.10 3,040,086.54 1,641,070.42 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 77,024.19 18,258.90 10,176.83 Scheduled Principal 32,049.32 4,005.80 2,728.15 Unscheduled Principal 1,652.76 85.35 1,371.96 Scheduled Interest 44,974.87 14,253.10 7,448.68 Servicing Fees 3,937.69 634.20 514.12 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 41,037.18 13,618.90 6,934.56 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 3.908110 5.368503 5.058124
Group Level Collateral Statement Group Group 4 Group 5 Group 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.385406 6.488350 6.316515 Weighted Average Net Rate 6.067787 6.113350 5.941514 Weighted Average Maturity 327 321 330 Beginning Loan Count 97 12 78 Loans Paid In Full 6 0 4 Ending Loan Count 91 12 74 Beginning Scheduled Balance 36,042,458.68 8,193,642.18 28,660,725.32 Ending scheduled Balance 33,837,456.58 8,177,275.73 27,524,387.05 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 230,497.61 57,402.48 175,346.78 Scheduled Principal 38,709.49 13,099.80 24,483.54 Unscheduled Principal 2,166,292.61 3,266.65 1,111,854.73 Scheduled Interest 191,788.12 44,302.68 150,863.24 Servicing Fees 9,539.81 2,560.51 8,956.48 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 182,248.31 41,742.17 141,906.76 Realized Loss Amount 0.00 0.00 1,169.57 Cumulative Realized Loss 0.00 0.00 15,095.12 Percentage of Cumulative Losses 0.0000 0.0000 0.0058 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.067787 6.113350 5.941515
Group Level Collateral Statement Group Group 7 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.044446 6.047700 Weighted Average Net Rate 6.669448 5.699533 Weighted Average Maturity 325.00 325.00 Record Date 08/31/2004 08/31/2004 Principal And Interest Constant 7,060.96 575,767.75 Beginning Loan Count 3 237 Loans Paid In Full 0 10 Ending Loan Count 3 227 Beginning Scheduled Balance 1,069,283.16 91,256,076.74 Ending Scheduled Balance 1,068,482.26 87,855,675.68 Scheduled Principal 783.87 115,859.97 Unscheduled Principal 17.03 3,284,541.09 Scheduled Interest 6,277.09 459,907.78 Servicing Fee 334.15 26,476.96 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 5,942.94 433,430.82 Realized Loss Amount 0.00 1,169.57 Cumulative Realized Loss 0.00 15,095.12 Percentage of Cumulative Losses 0.0000 0.0017 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.669446 5.699533
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