-----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, PykR8LiWPKY5T7/LORgfCbWPGkdyphW8vupndMC36p5O6Zh+gw5ybo1/d49bVO5y XFGLjbZ21upKIe5dBzFXTw== 0001056404-04-004234.txt : 20041203 0001056404-04-004234.hdr.sgml : 20041203 20041203134552 ACCESSION NUMBER: 0001056404-04-004234 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041126 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041203 DATE AS OF CHANGE: 20041203 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] IRS NUMBER: 000000000 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: 041182990 MAIL ADDRESS: STREET 1: 9062 OLD ANNAPOLIS RD CITY: COLUMBIA STATE: MD ZIP: 21045-1951 8-K 1 bst02005_nov.txt NOVEMBER 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): November 26, 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 November 26, 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 November 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 2002-5 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: 12/2/2004 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 November 26, 2004 distribution. EX-99.1
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 10/31/2004 Distribution Date: 11/26/2004 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 4.00831% 11,301,407.60 37,625.28 39,902.89 II-A 07384MLA8 SEN 5.36800% 1,687,690.65 7,524.73 370,351.02 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 5.05693% 1,332,911.14 5,598.52 4,679.74 IV-A1 07384MLG5 SEN 5.60164% 12,766,154.20 59,396.47 1,515,143.02 IV-A2 07384MLH3 SEN 5.39664% 5,024,975.59 22,523.85 596,386.08 IV-A3 07384MMG4 SEN 5.29164% 2,716,203.02 11,938.17 322,370.86 IV-A4 07384MMH2 SEN 5.82164% 5,500,311.12 26,596.10 652,800.98 IV-A5 07384MMJ8 SEN 5.82164% 71,707.76 346.73 8,510.59 IV-X 07384MLJ9 SEN 0.51078% 0.00 11,064.15 0.00 V-A 07384MLK6 SEN 6.11364% 6,520,073.79 33,108.39 13,546.04 VI-A 07384MLL4 SEN 5.93804% 22,606,992.19 111,499.15 167,079.85 VII-A 07384MLM2 SEN 6.66903% 851,608.21 4,717.24 648.27 B-1 07384MLN0 SUB 5.84093% 6,258,306.01 30,361.60 187,589.88 B-2 07384MLP5 SUB 5.84093% 3,835,744.74 18,608.76 114,974.71 B-3 07384MLQ3 SUB 5.84093% 2,018,755.63 9,793.81 60,511.28 B-4 07384MLR1 SUB 5.84093% 1,009,423.25 4,897.12 30,257.00 B-5 07384MLS9 SUB 5.84093% 1,009,468.68 4,897.34 30,258.37 B-6 07384MLT7 SUB 5.84093% 996,493.62 4,834.40 29,869.44 Totals 85,508,227.20 405,331.81 4,144,880.02
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 11,261,504.72 77,528.17 0.00 II-A 0.00 1,317,339.64 377,875.75 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 1,328,231.41 10,278.26 0.00 IV-A1 0.00 11,251,011.18 1,574,539.49 0.00 IV-A2 0.00 4,428,589.51 618,909.93 0.00 IV-A3 0.00 2,393,832.17 334,309.03 0.00 IV-A4 0.00 4,847,510.14 679,397.08 0.00 IV-A5 0.00 63,197.17 8,857.32 0.00 IV-X 0.00 0.00 11,064.15 0.00 V-A 0.00 6,506,527.75 46,654.43 0.00 VI-A 0.00 22,439,912.34 278,579.00 0.00 VII-A 0.00 850,959.94 5,365.51 0.00 B-1 0.00 6,070,716.13 217,951.48 0.00 B-2 0.00 3,720,770.03 133,583.47 0.00 B-3 0.00 1,958,244.35 70,305.09 0.00 B-4 0.00 979,166.24 35,154.12 0.00 B-5 0.00 979,210.32 35,155.71 0.00 B-6 0.00 966,624.18 34,703.84 15,095.12 Totals 0.00 81,363,347.22 4,550,211.83 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 11,301,407.60 29,923.80 9,979.09 0.00 0.00 II-A 74,454,400.00 1,687,690.65 2,253.82 368,097.19 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 1,332,911.14 2,253.07 2,426.67 0.00 0.00 IV-A1 188,000,000.00 12,766,154.20 13,972.14 1,501,170.88 0.00 0.00 IV-A2 74,000,000.00 5,024,975.59 5,499.67 590,886.41 0.00 0.00 IV-A3 40,000,000.00 2,716,203.02 2,972.80 319,398.06 0.00 0.00 IV-A4 81,000,000.00 5,500,311.12 6,019.91 646,781.07 0.00 0.00 IV-A5 1,056,000.00 71,707.76 78.48 8,432.11 0.00 0.00 IV-X 0.00 0.00 0.00 0.00 0.00 0.00 V-A 80,038,800.00 6,520,073.79 10,606.27 2,939.77 0.00 0.00 VI-A 248,618,300.00 22,606,992.19 19,635.88 147,443.97 0.00 0.00 VII-A 13,632,100.00 851,608.21 632.96 15.31 0.00 0.00 B-1 13,774,900.00 6,258,306.01 7,591.15 179,998.73 0.00 0.00 B-2 8,442,700.00 3,835,744.74 4,652.65 110,322.05 0.00 0.00 B-3 4,443,400.00 2,018,755.63 2,448.69 58,062.59 0.00 0.00 B-4 2,221,800.00 1,009,423.25 1,224.40 29,032.60 0.00 0.00 B-5 2,221,900.00 1,009,468.68 1,224.46 29,033.91 0.00 0.00 B-6 2,222,022.00 996,493.62 1,208.72 28,660.72 0.00 0.00 Totals 888,703,522.00 85,508,227.20 112,198.87 4,032,681.13 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 39,902.89 11,261,504.72 0.32010917 39,902.89 II-A 370,351.02 1,317,339.64 0.01769324 370,351.02 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 4,679.74 1,328,231.41 0.06847683 4,679.74 IV-A1 1,515,143.02 11,251,011.18 0.05984580 1,515,143.02 IV-A2 596,386.08 4,428,589.51 0.05984580 596,386.08 IV-A3 322,370.86 2,393,832.17 0.05984580 322,370.86 IV-A4 652,800.98 4,847,510.14 0.05984580 652,800.98 IV-A5 8,510.59 63,197.17 0.05984580 8,510.59 IV-X 0.00 0.00 0.00000000 0.00 V-A 13,546.04 6,506,527.75 0.08129217 13,546.04 VI-A 167,079.85 22,439,912.34 0.09025849 167,079.85 VII-A 648.27 850,959.94 0.06242325 648.27 B-1 187,589.88 6,070,716.13 0.44070854 187,589.88 B-2 114,974.71 3,720,770.03 0.44070854 114,974.71 B-3 60,511.28 1,958,244.35 0.44070855 60,511.28 B-4 30,257.00 979,166.24 0.44070854 30,257.00 B-5 30,258.37 979,210.32 0.44070855 30,258.37 B-6 29,869.44 966,624.18 0.43502008 29,869.44 Totals 4,144,880.02 81,363,347.22 0.09155286 4,144,880.02
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 35,180,200.00 321.24341533 0.85058641 0.28365643 0.00000000 II-A 74,454,400.00 22.66744007 0.03027115 4.94392796 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 68.71809474 0.11615679 0.12510672 0.00000000 IV-A1 188,000,000.00 67.90507553 0.07431989 7.98495149 0.00000000 IV-A2 74,000,000.00 67.90507554 0.07431986 7.98495149 0.00000000 IV-A3 40,000,000.00 67.90507550 0.07432000 7.98495150 0.00000000 IV-A4 81,000,000.00 67.90507556 0.07431988 7.98495148 0.00000000 IV-A5 1,056,000.00 67.90507576 0.07431818 7.98495265 0.00000000 IV-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 V-A 80,038,800.00 81.46141359 0.13251411 0.03672931 0.00000000 VI-A 248,618,300.00 90.93052358 0.07898003 0.59305357 0.00000000 VII-A 13,632,100.00 62.47080127 0.04643158 0.00112308 0.00000000 B-1 13,774,900.00 454.32678350 0.55108567 13.06715330 0.00000000 B-2 8,442,700.00 454.32678409 0.55108555 13.06715269 0.00000000 B-3 4,443,400.00 454.32678354 0.55108475 13.06715353 0.00000000 B-4 2,221,800.00 454.32678459 0.55108471 13.06715276 0.00000000 B-5 2,221,900.00 454.32678338 0.55108691 13.06715424 0.00000000 B-6 2,222,022.00 448.46253547 0.54397301 12.89848615 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 1.13424284 320.10917277 0.32010917 1.13424284 II-A 0.00000000 4.97419924 17.69324096 0.01769324 4.97419924 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 0.24126351 68.47683175 0.06847683 0.24126351 IV-A1 0.00000000 8.05927138 59.84580415 0.05984580 8.05927138 IV-A2 0.00000000 8.05927135 59.84580419 0.05984580 8.05927135 IV-A3 0.00000000 8.05927150 59.84580425 0.05984580 8.05927150 IV-A4 0.00000000 8.05927136 59.84580420 0.05984580 8.05927136 IV-A5 0.00000000 8.05927083 59.84580492 0.05984580 8.05927083 IV-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 V-A 0.00000000 0.16924342 81.29217017 0.08129217 0.16924342 VI-A 0.00000000 0.67203360 90.25848998 0.09025849 0.67203360 VII-A 0.00000000 0.04755467 62.42324660 0.06242325 0.04755467 B-1 0.00000000 13.61823897 440.70854453 0.44070854 13.61823897 B-2 0.00000000 13.61823943 440.70854466 0.44070854 13.61823943 B-3 0.00000000 13.61823829 440.70854526 0.44070855 13.61823829 B-4 0.00000000 13.61823747 440.70854262 0.44070854 13.61823747 B-5 0.00000000 13.61824114 440.70854674 0.44070855 13.61824114 B-6 0.00000000 13.44245917 435.02007631 0.43502008 13.44245917 (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 4.00831% 11,301,407.60 37,749.65 0.00 0.00 II-A 74,454,400.00 5.36800% 1,687,690.65 7,549.61 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 5.05693% 1,332,911.14 5,617.03 0.00 0.00 IV-A1 188,000,000.00 5.60164% 12,766,154.20 59,592.79 0.00 0.00 IV-A2 74,000,000.00 5.39664% 5,024,975.59 22,598.30 0.00 0.00 IV-A3 40,000,000.00 5.29164% 2,716,203.02 11,977.63 0.00 0.00 IV-A4 81,000,000.00 5.82164% 5,500,311.12 26,684.01 0.00 0.00 IV-A5 1,056,000.00 5.82164% 71,707.76 347.88 0.00 0.00 IV-X 0.00 0.51078% 26,079,351.70 11,100.72 0.00 0.00 V-A 80,038,800.00 6.11364% 6,520,073.79 33,217.82 0.00 0.00 VI-A 248,618,300.00 5.93804% 22,606,992.19 111,867.69 0.00 0.00 VII-A 13,632,100.00 6.66903% 851,608.21 4,732.84 0.00 0.00 B-1 13,774,900.00 5.84093% 6,258,306.01 30,461.95 0.00 0.00 B-2 8,442,700.00 5.84093% 3,835,744.74 18,670.27 0.00 0.00 B-3 4,443,400.00 5.84093% 2,018,755.63 9,826.18 0.00 0.00 B-4 2,221,800.00 5.84093% 1,009,423.25 4,913.31 0.00 0.00 B-5 2,221,900.00 5.84093% 1,009,468.68 4,913.53 0.00 0.00 B-6 2,222,022.00 5.84093% 996,493.62 4,850.38 0.00 0.00 Totals 888,703,522.00 406,671.59 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 124.36 0.00 37,625.28 0.00 11,261,504.72 II-A 24.87 0.00 7,524.73 0.00 1,317,339.64 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 18.50 0.00 5,598.52 0.00 1,328,231.41 IV-A1 196.32 0.00 59,396.47 0.00 11,251,011.18 IV-A2 74.45 0.00 22,523.85 0.00 4,428,589.51 IV-A3 39.46 0.00 11,938.17 0.00 2,393,832.17 IV-A4 87.91 0.00 26,596.10 0.00 4,847,510.14 IV-A5 1.15 0.00 346.73 0.00 63,197.17 IV-X 36.57 0.00 11,064.15 0.00 22,984,140.16 V-A 109.43 0.00 33,108.39 0.00 6,506,527.75 VI-A 368.53 0.00 111,499.15 0.00 22,439,912.34 VII-A 15.59 0.00 4,717.24 0.00 850,959.94 B-1 100.35 0.00 30,361.60 0.00 6,070,716.13 B-2 61.51 0.00 18,608.76 0.00 3,720,770.03 B-3 32.37 0.00 9,793.81 0.00 1,958,244.35 B-4 16.19 0.00 4,897.12 0.00 979,166.24 B-5 16.19 0.00 4,897.34 0.00 979,210.32 B-6 15.98 0.00 4,834.40 0.00 966,624.18 Totals 1,339.73 0.00 405,331.81 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 4.00831% 321.24341533 1.07303682 0.00000000 0.00000000 II-A 74,454,400.00 5.36800% 22.66744007 0.10139911 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 5.05693% 68.71809474 0.28958540 0.00000000 0.00000000 IV-A1 188,000,000.00 5.60164% 67.90507553 0.31698293 0.00000000 0.00000000 IV-A2 74,000,000.00 5.39664% 67.90507554 0.30538243 0.00000000 0.00000000 IV-A3 40,000,000.00 5.29164% 67.90507550 0.29944075 0.00000000 0.00000000 IV-A4 81,000,000.00 5.82164% 67.90507556 0.32943222 0.00000000 0.00000000 IV-A5 1,056,000.00 5.82164% 67.90507576 0.32943182 0.00000000 0.00000000 IV-X 0.00 0.51078% 67.90507556 0.02890391 0.00000000 0.00000000 V-A 80,038,800.00 6.11364% 81.46141359 0.41502146 0.00000000 0.00000000 VI-A 248,618,300.00 5.93804% 90.93052358 0.44995759 0.00000000 0.00000000 VII-A 13,632,100.00 6.66903% 62.47080127 0.34718349 0.00000000 0.00000000 B-1 13,774,900.00 5.84093% 454.32678350 2.21140988 0.00000000 0.00000000 B-2 8,442,700.00 5.84093% 454.32678409 2.21140986 0.00000000 0.00000000 B-3 4,443,400.00 5.84093% 454.32678354 2.21141018 0.00000000 0.00000000 B-4 2,221,800.00 5.84093% 454.32678459 2.21140967 0.00000000 0.00000000 B-5 2,221,900.00 5.84093% 454.32678338 2.21140915 0.00000000 0.00000000 B-6 2,222,022.00 5.84093% 448.46253547 2.18286768 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 0.00353494 0.00000000 1.06950159 0.00000000 320.10917277 II-A 0.00033403 0.00000000 0.10106495 0.00000000 17.69324096 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 0.00095377 0.00000000 0.28863111 0.00000000 68.47683175 IV-A1 0.00104426 0.00000000 0.31593867 0.00000000 59.84580415 IV-A2 0.00100608 0.00000000 0.30437635 0.00000000 59.84580419 IV-A3 0.00098650 0.00000000 0.29845425 0.00000000 59.84580425 IV-A4 0.00108531 0.00000000 0.32834691 0.00000000 59.84580420 IV-A5 0.00108902 0.00000000 0.32834280 0.00000000 59.84580492 IV-X 0.00009522 0.00000000 0.02880869 0.00000000 59.84580415 V-A 0.00136721 0.00000000 0.41365425 0.00000000 81.29217017 VI-A 0.00148231 0.00000000 0.44847523 0.00000000 90.25848998 VII-A 0.00114362 0.00000000 0.34603913 0.00000000 62.42324660 B-1 0.00728499 0.00000000 2.20412489 0.00000000 440.70854453 B-2 0.00728558 0.00000000 2.20412427 0.00000000 440.70854466 B-3 0.00728496 0.00000000 2.20412522 0.00000000 440.70854526 B-4 0.00728688 0.00000000 2.20412278 0.00000000 440.70854262 B-5 0.00728656 0.00000000 2.20412260 0.00000000 440.70854674 B-6 0.00719165 0.00000000 2.17567603 0.00000000 435.02007631 (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 4,575,008.21 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 11,454.60 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 4,586,462.81 Withdrawals Reimbursement for Servicer Advances 11,377.74 Payment of Service Fee 24,873.24 Payment of Interest and Principal 4,550,211.83 Total Withdrawals (Pool Distribution Amount) 4,586,462.81 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 1,339.73
SERVICING FEES Gross Servicing Fee 24,873.24 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 24,873.24
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 4 0 0 0 4 1,171,536.63 0.00 0.00 0.00 1,171,536.63 60 Days 1 0 0 0 1 326,979.33 0.00 0.00 0.00 326,979.33 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 5 0 1 0 6 1,498,515.96 0.00 396,174.42 0.00 1,894,690.38 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 1.886792% 0.000000% 0.000000% 0.000000% 1.886792% 1.438239% 0.000000% 0.000000% 0.000000% 1.438239% 60 Days 0.471698% 0.000000% 0.000000% 0.000000% 0.471698% 0.401417% 0.000000% 0.000000% 0.000000% 0.401417% 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% 0.471698% 0.000000% 0.471698% 0.000000% 0.000000% 0.486364% 0.000000% 0.486364% Totals 2.358491% 0.000000% 0.471698% 0.000000% 2.830189% 1.839655% 0.000000% 0.486364% 0.000000% 2.326019%
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 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 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% 24.168303% 0.000000% 24.168303% Totals 0.000000% 0.000000% 20.000000% 0.000000% 20.000000% 0.000000% 0.000000% 24.168303% 0.000000% 24.168303% 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 1 0 0 0 1 326,979.33 0.00 0.00 0.00 326,979.33 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 1 326,979.33 0.00 0.00 0.00 326,979.33 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 1.250000% 0.000000% 0.000000% 0.000000% 1.250000% 1.128836% 0.000000% 0.000000% 0.000000% 1.128836% 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 1.250000% 0.000000% 0.000000% 0.000000% 1.250000% 1.128836% 0.000000% 0.000000% 0.000000% 1.128836% 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 4 0 0 0 4 1,171,536.63 0.00 0.00 0.00 1,171,536.63 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 4 0 0 0 4 1,171,536.63 0.00 0.00 0.00 1,171,536.63 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 5.555556% 0.000000% 0.000000% 0.000000% 5.555556% 4.338422% 0.000000% 0.000000% 0.000000% 4.338422% 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 5.555556% 0.000000% 0.000000% 0.000000% 5.555556% 4.338422% 0.000000% 0.000000% 0.000000% 4.338422% 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 11,454.60
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 853,523,322.00 96.04140194% 70,101,842.50 86.15899532% 13.841005% 0.000000% Class 2A 779,068,922.00 87.66353484% 68,784,502.86 84.53991292% 1.619082% 8.976925% Class R-I 779,068,872.00 87.66352922% 68,784,502.86 84.53991292% 0.000000% 0.000000% Class R-II 779,068,822.00 87.66352359% 68,784,502.86 84.53991292% 0.000000% 0.000000% Class R-III 779,068,772.00 87.66351796% 68,784,502.86 84.53991292% 0.000000% 0.000000% Class R-IV 779,068,722.00 87.66351234% 68,784,502.86 84.53991292% 0.000000% 0.000000% Class 3A 759,671,922.00 85.48091718% 67,456,271.45 82.90744393% 1.632469% 9.051146% Class V-A 295,577,122.00 33.25936204% 37,965,603.53 46.66180146% 7.996878% 44.338309% Class B-1 19,551,822.00 2.20003877% 8,604,015.12 10.57480477% 7.461242% 41.368500% Class B-2 11,109,122.00 1.25003690% 4,883,245.09 6.00177507% 4.573030% 25.354945% Class B-3 6,665,722.00 0.75005014% 2,925,000.74 3.59498575% 2.406789% 13.344329% Class B-4 4,443,922.00 0.50004550% 1,945,834.50 2.39153694% 1.203449% 6.672465% Class B-5 2,222,022.00 0.25002962% 966,624.18 1.18803394% 1.203503% 6.672765% Class B-6 0.00 0.00000000% 0.00 0.00000000% 1.188034% 6.586997% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.056187% Weighted Average Net Coupon 5.707122% Weighted Average Pass-Through Rate 5.707122% Weighted Average Maturity (Stepdown Calculation) 323 Beginning Scheduled Collateral Loan Count 220 Number Of Loans Paid In Full 8 Ending Scheduled Collateral Loan Count 212 Beginning Scheduled Collateral Balance 85,508,227.21 Ending Scheduled Collateral Balance 81,363,347.19 Ending Actual Collateral Balance at 31-Oct-2004 81,456,346.98 Monthly P &I Constant 543,743.69 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 15,095.12 Class A Optimal Amount 4,024,455.29 Ending Scheduled Balance for Premium Loans 81,363,347.19 Scheduled Principal 112,198.88 Unscheduled Principal 4,032,681.14
Miscellaneous Reporting Average Loss Severity 0.00 Senior Percentage 1 91.748027% Senior Percentage 2 60.541388% Senior Percentage 3 81.426456% Senior Percentage 4 80.562528% Senior Percentage 5 79.894833% Senior Percentage 6 83.219015% Senior Percentage 7 79.761486% Senior Prep Percentage 1 95.874013% Senior Prep Percentage 2 80.270694% Senior Prep Percentage 3 90.713228% Senior Prep Percentage 4 90.281264% Senior Prep Percentage 5 89.947416% Senior Prep Percentage 6 91.609508% Senior Prep Percentage 7 89.880743% Subordinate Percentage 1 8.251973% Subordinate Percentage 2 39.458612% Subordinate Percentage 3 18.573544% Subordinate Percentage 4 19.437472% Subordinate Percentage 5 20.105167% Subordinate Percentage 6 16.780985% Subordinate Percentage 7 20.238514% Subordinate Prep Percentage 1 4.125987% Subordinate Prep Percentage 2 19.729306% Subordinate Prep Percentage 3 19.729306% Subordinate Prep Percentage 4 9.286772% Subordinate Prep Percentage 5 9.718736% Subordinate Prep Percentage 6 10.052584% Subordinate Prep Percentage 7 8.390492%
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.383313 5.618002 5.431926 Weighted Average Net Rate 4.008312 5.368004 5.056931 Weighted Average Maturity 285 327 311 Beginning Loan Count 34 7 5 Loans Paid In Full 0 1 0 Ending Loan Count 34 6 5 Beginning Scheduled Balance 12,317,875.38 2,787,664.28 1,636,950.94 Ending scheduled Balance 12,274,851.64 2,325,371.66 1,631,508.84 Record Date 10/31/2004 10/31/2004 10/31/2004 Principal And Interest Constant 77,609.45 16,773.70 10,176.83 Scheduled Principal 32,615.20 3,722.78 2,767.00 Unscheduled Principal 10,408.54 458,569.84 2,675.10 Scheduled Interest 44,994.25 13,050.92 7,409.83 Servicing Fees 3,849.34 580.76 511.54 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 41,144.91 12,470.16 6,898.29 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 4.008313 5.368002 5.056926
Group Level Collateral Statement Group Group 4 Group 5 Group 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.404892 6.488640 6.313040 Weighted Average Net Rate 6.087635 6.113641 5.938040 Weighted Average Maturity 325 319 328 Beginning Loan Count 86 12 73 Loans Paid In Full 6 0 1 Ending Loan Count 80 12 72 Beginning Scheduled Balance 32,371,565.78 8,160,820.40 27,165,656.92 Ending scheduled Balance 28,939,342.18 8,144,276.79 26,981,113.17 Record Date 10/31/2004 10/31/2004 10/31/2004 Principal And Interest Constant 208,209.95 57,402.48 166,510.32 Scheduled Principal 35,429.62 13,275.29 23,595.42 Unscheduled Principal 3,396,793.98 3,268.32 160,948.33 Scheduled Interest 172,780.33 44,127.19 142,914.90 Servicing Fees 8,558.42 2,550.25 8,489.27 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 164,221.91 41,576.94 134,425.63 Realized Loss Amount 0.00 0.00 0.00 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 6.087636 6.113640 5.938040
Group Level Collateral Statement Group Group 7 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.044033 6.056187 Weighted Average Net Rate 6.669026 5.707122 Weighted Average Maturity 323.00 323.00 Record Date 10/31/2004 10/31/2004 Principal And Interest Constant 7,060.96 543,743.69 Beginning Loan Count 3 220 Loans Paid In Full 0 8 Ending Loan Count 3 212 Beginning Scheduled Balance 1,067,693.51 85,508,227.21 Ending Scheduled Balance 1,066,882.91 81,363,347.19 Scheduled Principal 793.57 112,198.88 Unscheduled Principal 17.03 4,032,681.14 Scheduled Interest 6,267.39 431,544.81 Servicing Fee 333.66 24,873.24 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 5,933.73 406,671.57 Realized Loss Amount 0.00 0.00 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 6.669033 5.707122
-----END PRIVACY-ENHANCED MESSAGE-----