-----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, DK/FNdipROep866Kg/O1H67agl2dKT4vO/PP/sLQfvCYq00oXqBXCLoWDBHLlwuJ Ns/iiwsSJd62EAJ1yOzBaQ== 0001056404-04-003127.txt : 20040928 0001056404-04-003127.hdr.sgml : 20040928 20040928111536 ACCESSION NUMBER: 0001056404-04-003127 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040925 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040928 DATE AS OF CHANGE: 20040928 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF AMERICA MORT SEC INC MORT PASS-THR CERT SER 2002-L CENTRAL INDEX KEY: 0001210938 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: 333-101500-01 FILM NUMBER: 041048529 BUSINESS ADDRESS: STREET 1: 9062 OLD ANNAPOLIS RD STREET 2: C/O WELLS FARGO & CO CITY: COLUMBIA STATE: MD ZIP: 21045-1951 BUSINESS PHONE: 4108842000 MAIL ADDRESS: STREET 1: 9062 OLD ANNAPOLIS RD STREET 2: C/O WELLS FARGO & CO CITY: COLUMBIA STATE: MD ZIP: 21045-1951 8-K 1 bam0200l_sep.txt SEPTEMBER 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 BANC OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2002-L Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-101500-01 54-2089301 Pooling and Servicing Agreement) (Commission 54-2089302 (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) 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 BANC OF AMERICA MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2002-L 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-L 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. BANC OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2002-L Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/27/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-L Trust, relating to the September 27, 2004 distribution. EX-99.1
Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 8/31/2004 Distribution Date: 9/27/2004 BAM Series: 2002-L 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 1-A1 05948JAA0 SEN 4.33300% 18,552,985.62 66,991.74 1,514,461.24 1-A2 05948JAB9 SEN 4.33300% 15,840,667.36 57,198.01 1,293,057.48 1-A3 05948JAC6 SEN 4.33300% 277,211.68 1,000.97 22,628.51 1-AR 05948JAD4 SEN 4.33300% 0.00 0.00 0.00 1-ALR 05948JAE2 SEN 4.33300% 0.00 0.00 0.00 2-A1 05948JAF9 SEN 4.12100% 23,894,792.88 82,058.70 996,760.79 2-A2 05948JAG7 SEN 4.72700% 46,820,877.93 184,435.24 1,953,112.36 2-A3 05948JAH5 SEN 4.12100% 20,995,773.28 72,102.98 875,829.46 2-A4 05948JAJ1 SEN 4.12100% 371,338.00 1,275.24 15,490.20 3-A1 05948JAK8 SEN 5.10000% 49,598,926.11 210,795.44 1,394,979.38 AP 05948JAL6 PO 0.00000% 1,112,487.18 0.00 2,794.92 B1 05948JAM4 SUB 4.57688% 6,377,652.47 24,324.78 154,868.20 B2 05948JAN2 SUB 4.57688% 2,942,880.55 11,224.34 71,461.81 B3 05948JAP7 SUB 4.57688% 1,471,055.39 5,610.70 35,721.56 B4 05948JAU6 SUB 4.57688% 981,473.37 3,743.40 23,833.07 B5 05948JAV4 SUB 4.57688% 735,142.80 2,803.88 17,851.43 B6 05948JAW2 SUB 4.57688% 981,616.56 3,743.95 23,836.54 WIO 05948JAT9 IO 0.50501% 0.00 72,630.23 0.00 SES 05948JAX0 SEN 0.00000% 0.00 37,818.74 0.00 Totals 190,954,881.18 837,758.34 8,396,686.95
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 17,038,524.38 1,581,452.98 0.00 1-A2 0.00 14,547,609.88 1,350,255.49 0.00 1-A3 0.00 254,583.17 23,629.48 0.00 1-AR 0.00 0.00 0.00 0.00 1-ALR 0.00 0.00 0.00 0.00 2-A1 0.00 22,898,032.09 1,078,819.49 0.00 2-A2 0.00 44,867,765.57 2,137,547.60 0.00 2-A3 0.00 20,119,943.81 947,932.44 0.00 2-A4 0.00 355,847.80 16,765.44 0.00 3-A1 0.00 48,203,946.73 1,605,774.82 0.00 AP 0.00 1,109,692.26 2,794.92 0.00 B1 0.00 6,222,784.27 179,192.98 0.00 B2 0.00 2,871,418.74 82,686.15 0.00 B3 0.00 1,435,333.83 41,332.26 0.00 B4 0.00 957,640.31 27,576.47 0.00 B5 0.00 717,291.37 20,655.31 0.00 B6 0.00 957,780.02 27,580.49 0.00 WIO 0.00 0.00 72,630.23 0.00 SES 0.00 0.00 37,818.74 0.00 Totals 0.00 182,558,194.23 9,234,445.29 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) 1-A1 93,698,000.00 18,552,985.62 27,147.95 1,487,313.29 0.00 0.00 1-A2 80,000,000.00 15,840,667.36 23,179.11 1,269,878.37 0.00 0.00 1-A3 1,400,000.00 277,211.68 405.63 22,222.87 0.00 0.00 1-AR 50.00 0.00 0.00 0.00 0.00 0.00 1-ALR 50.00 0.00 0.00 0.00 0.00 0.00 2-A1 74,000,000.00 23,894,792.88 35,940.51 960,820.28 0.00 0.00 2-A2 145,000,000.00 46,820,877.93 70,423.97 1,882,688.39 0.00 0.00 2-A3 65,022,000.00 20,995,773.28 31,580.05 844,249.41 0.00 0.00 2-A4 1,150,000.00 371,338.00 558.53 14,931.67 0.00 0.00 3-A1 157,726,000.00 49,598,926.11 73,828.55 1,321,150.83 0.00 0.00 AP 1,659,455.55 1,112,487.18 2,253.19 541.74 0.00 0.00 B1 8,285,000.00 6,377,652.47 9,496.20 145,372.00 0.00 0.00 B2 3,823,000.00 2,942,880.55 4,381.89 67,079.92 0.00 0.00 B3 1,911,000.00 1,471,055.39 2,190.37 33,531.19 0.00 0.00 B4 1,275,000.00 981,473.37 1,461.39 22,371.67 0.00 0.00 B5 955,000.00 735,142.80 1,094.61 16,756.82 0.00 0.00 B6 1,275,186.00 981,616.56 1,461.61 22,374.94 0.00 0.00 WIO 0.00 0.00 0.00 0.00 0.00 0.00 SES 0.00 0.00 0.00 0.00 0.00 0.00 Totals 637,179,741.55 190,954,881.18 285,403.56 8,111,283.39 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 1-A1 1,514,461.24 17,038,524.38 0.18184512 1,514,461.24 1-A2 1,293,057.48 14,547,609.88 0.18184512 1,293,057.48 1-A3 22,628.51 254,583.17 0.18184512 22,628.51 1-AR 0.00 0.00 0.00000000 0.00 1-ALR 0.00 0.00 0.00000000 0.00 2-A1 996,760.79 22,898,032.09 0.30943287 996,760.79 2-A2 1,953,112.36 44,867,765.57 0.30943287 1,953,112.36 2-A3 875,829.46 20,119,943.81 0.30943287 875,829.46 2-A4 15,490.20 355,847.80 0.30943287 15,490.20 3-A1 1,394,979.38 48,203,946.73 0.30561827 1,394,979.38 AP 2,794.92 1,109,692.26 0.66870864 2,794.92 B1 154,868.20 6,222,784.27 0.75109044 154,868.20 B2 71,461.81 2,871,418.74 0.75109044 71,461.81 B3 35,721.56 1,435,333.83 0.75109044 35,721.56 B4 23,833.07 957,640.31 0.75109044 23,833.07 B5 17,851.43 717,291.37 0.75109044 17,851.43 B6 23,836.54 957,780.02 0.75109044 23,836.54 WIO 0.00 0.00 0.00000000 0.00 SES 0.00 0.00 0.00000000 0.00 Totals 8,396,686.95 182,558,194.23 0.28650973 8,396,686.95
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 93,698,000.00 198.00834191 0.28973884 15.87347958 0.00000000 1-A2 80,000,000.00 198.00834200 0.28973888 15.87347962 0.00000000 1-A3 1,400,000.00 198.00834286 0.28973571 15.87347857 0.00000000 1-AR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A1 74,000,000.00 322.90260649 0.48568257 12.98405784 0.00000000 2-A2 145,000,000.00 322.90260641 0.48568255 12.98405786 0.00000000 2-A3 65,022,000.00 322.90260650 0.48568254 12.98405786 0.00000000 2-A4 1,150,000.00 322.90260870 0.48567826 12.98406087 0.00000000 3-A1 157,726,000.00 314.46258772 0.46808104 8.37624000 0.00000000 AP 1,659,455.55 670.39287675 1.35778870 0.32645647 0.00000000 B1 8,285,000.00 769.78303802 1.14619191 17.54640917 0.00000000 B2 3,823,000.00 769.78303688 1.14619147 17.54640858 0.00000000 B3 1,911,000.00 769.78304029 1.14619048 17.54641026 0.00000000 B4 1,275,000.00 769.78303529 1.14618824 17.54640784 0.00000000 B5 955,000.00 769.78303665 1.14618848 17.54640838 0.00000000 B6 1,275,186.00 769.78304341 1.14619357 17.54641284 0.00000000 WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 SES 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A1 0.00000000 16.16321843 181.84512348 0.18184512 16.16321843 1-A2 0.00000000 16.16321850 181.84512350 0.18184512 16.16321850 1-A3 0.00000000 16.16322143 181.84512143 0.18184512 16.16322143 1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A1 0.00000000 13.46974041 309.43286608 0.30943287 13.46974041 2-A2 0.00000000 13.46974041 309.43286600 0.30943287 13.46974041 2-A3 0.00000000 13.46974040 309.43286595 0.30943287 13.46974040 2-A4 0.00000000 13.46973913 309.43286957 0.30943287 13.46973913 3-A1 0.00000000 8.84432104 305.61826668 0.30561827 8.84432104 AP 0.00000000 1.68423915 668.70863760 0.66870864 1.68423915 B1 0.00000000 18.69260109 751.09043693 0.75109044 18.69260109 B2 0.00000000 18.69260005 751.09043683 0.75109044 18.69260005 B3 0.00000000 18.69260073 751.09043956 0.75109044 18.69260073 B4 0.00000000 18.69260392 751.09043922 0.75109044 18.69260392 B5 0.00000000 18.69259686 751.09043979 0.75109044 18.69259686 B6 0.00000000 18.69259857 751.09044484 0.75109044 18.69259857 WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 SES 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 1-A1 93,698,000.00 4.33300% 18,552,985.62 66,991.74 0.00 0.00 1-A2 80,000,000.00 4.33300% 15,840,667.36 57,198.01 0.00 0.00 1-A3 1,400,000.00 4.33300% 277,211.68 1,000.97 0.00 0.00 1-AR 50.00 4.33300% 0.00 0.00 0.00 0.00 1-ALR 50.00 4.33300% 0.00 0.00 0.00 0.00 2-A1 74,000,000.00 4.12100% 23,894,792.88 82,058.70 0.00 0.00 2-A2 145,000,000.00 4.72700% 46,820,877.93 184,435.24 0.00 0.00 2-A3 65,022,000.00 4.12100% 20,995,773.28 72,102.98 0.00 0.00 2-A4 1,150,000.00 4.12100% 371,338.00 1,275.24 0.00 0.00 3-A1 157,726,000.00 5.10000% 49,598,926.11 210,795.44 0.00 0.00 AP 1,659,455.55 0.00000% 1,112,487.18 0.00 0.00 0.00 B1 8,285,000.00 4.57688% 6,377,652.47 24,324.78 0.00 0.00 B2 3,823,000.00 4.57688% 2,942,880.55 11,224.34 0.00 0.00 B3 1,911,000.00 4.57688% 1,471,055.39 5,610.70 0.00 0.00 B4 1,275,000.00 4.57688% 981,473.37 3,743.40 0.00 0.00 B5 955,000.00 4.57688% 735,142.80 2,803.88 0.00 0.00 B6 1,275,186.00 4.57688% 981,616.56 3,743.95 0.00 0.00 WIO 0.00 0.50501% 172,583,289.08 72,630.23 0.00 0.00 SES 0.00 0.00000% 190,954,881.20 0.00 0.00 0.00 Totals 637,179,741.55 799,939.60 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 1-A1 0.00 0.00 66,991.74 0.00 17,038,524.38 1-A2 0.00 0.00 57,198.01 0.00 14,547,609.88 1-A3 0.00 0.00 1,000.97 0.00 254,583.17 1-AR 0.00 0.00 0.00 0.00 0.00 1-ALR 0.00 0.00 0.00 0.00 0.00 2-A1 0.00 0.00 82,058.70 0.00 22,898,032.09 2-A2 0.00 0.00 184,435.24 0.00 44,867,765.57 2-A3 0.00 0.00 72,102.98 0.00 20,119,943.81 2-A4 0.00 0.00 1,275.24 0.00 355,847.80 3-A1 0.00 0.00 210,795.44 0.00 48,203,946.73 AP 0.00 0.00 0.00 0.00 1,109,692.26 B1 0.00 0.00 24,324.78 0.00 6,222,784.27 B2 0.00 0.00 11,224.34 0.00 2,871,418.74 B3 0.00 0.00 5,610.70 0.00 1,435,333.83 B4 0.00 0.00 3,743.40 0.00 957,640.31 B5 0.00 0.00 2,803.88 0.00 717,291.37 B6 0.00 0.00 3,743.95 0.00 957,780.02 WIO 0.00 0.00 72,630.23 0.00 164,234,885.91 SES 0.00 0.00 37,818.74 0.00 182,558,194.25 Totals 0.00 0.00 837,758.34 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 1-A1 93,698,000.00 4.33300% 198.00834191 0.71497513 0.00000000 0.00000000 1-A2 80,000,000.00 4.33300% 198.00834200 0.71497512 0.00000000 0.00000000 1-A3 1,400,000.00 4.33300% 198.00834286 0.71497857 0.00000000 0.00000000 1-AR 50.00 4.33300% 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 50.00 4.33300% 0.00000000 0.00000000 0.00000000 0.00000000 2-A1 74,000,000.00 4.12100% 322.90260649 1.10890135 0.00000000 0.00000000 2-A2 145,000,000.00 4.72700% 322.90260641 1.27196717 0.00000000 0.00000000 2-A3 65,022,000.00 4.12100% 322.90260650 1.10890129 0.00000000 0.00000000 2-A4 1,150,000.00 4.12100% 322.90260870 1.10890435 0.00000000 0.00000000 3-A1 157,726,000.00 5.10000% 314.46258772 1.33646602 0.00000000 0.00000000 AP 1,659,455.55 0.00000% 670.39287675 0.00000000 0.00000000 0.00000000 B1 8,285,000.00 4.57688% 769.78303802 2.93600241 0.00000000 0.00000000 B2 3,823,000.00 4.57688% 769.78303688 2.93600314 0.00000000 0.00000000 B3 1,911,000.00 4.57688% 769.78304029 2.93600209 0.00000000 0.00000000 B4 1,275,000.00 4.57688% 769.78303529 2.93600000 0.00000000 0.00000000 B5 955,000.00 4.57688% 769.78303665 2.93600000 0.00000000 0.00000000 B6 1,275,186.00 4.57688% 769.78304341 2.93600306 0.00000000 0.00000000 WIO 0.00 0.50501% 285.55804553 0.12017471 0.00000000 0.00000000 SES 0.00 0.00000% 299.68762147 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 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 1-A1 0.00000000 0.00000000 0.71497513 0.00000000 181.84512348 1-A2 0.00000000 0.00000000 0.71497512 0.00000000 181.84512350 1-A3 0.00000000 0.00000000 0.71497857 0.00000000 181.84512143 1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A1 0.00000000 0.00000000 1.10890135 0.00000000 309.43286608 2-A2 0.00000000 0.00000000 1.27196717 0.00000000 309.43286600 2-A3 0.00000000 0.00000000 1.10890129 0.00000000 309.43286595 2-A4 0.00000000 0.00000000 1.10890435 0.00000000 309.43286957 3-A1 0.00000000 0.00000000 1.33646602 0.00000000 305.61826668 AP 0.00000000 0.00000000 0.00000000 0.00000000 668.70863760 B1 0.00000000 0.00000000 2.93600241 0.00000000 751.09043693 B2 0.00000000 0.00000000 2.93600314 0.00000000 751.09043683 B3 0.00000000 0.00000000 2.93600209 0.00000000 751.09043956 B4 0.00000000 0.00000000 2.93600000 0.00000000 751.09043922 B5 0.00000000 0.00000000 2.93600000 0.00000000 751.09043979 B6 0.00000000 0.00000000 2.93600306 0.00000000 751.09044484 WIO 0.00000000 0.00000000 0.12017471 0.00000000 271.74469370 SES 0.00000000 0.00000000 0.05935333 0.00000000 286.50972769 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage AP-1 0.00000% 0.00 0.00 113,868.11 113,637.52 34.27611601% AP-2 0.00000% 0.00 0.00 865,513.15 863,325.01 78.10259331% AP-3 0.00000% 0.00 0.00 133,105.92 132,729.73 59.64123163% WIO-1 0.38815% 35,656,593.33 32,686,562.11 0.00 0.00 19.07017302% WIO-2 0.62843% 87,484,522.60 83,543,377.47 0.00 0.00 30.03269267% WIO-3 0.37090% 49,442,173.15 48,004,946.33 0.00 0.00 31.01180323% SES-1 0.00000% 38,447,736.74 35,472,542.16 0.00 0.00 19.66422145% SES-2 0.00000% 99,279,314.69 95,303,354.83 0.00 0.00 32.37501753% SES-3 0.00000% 53,227,829.77 51,782,297.26 0.00 0.00 31.88264393%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 9,242,958.68 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 9,242,958.68 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 8,513.39 Payment of Interest and Principal 9,234,445.29 Total Withdrawals (Pool Distribution Amount) 9,242,958.68 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 7,956.45 Wells Fargo Trustee Fee 556.94 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 8,513.39
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 1 0 0 0 1 517,304.87 0.00 0.00 0.00 517,304.87 60 Days 1 0 0 0 1 367,055.62 0.00 0.00 0.00 367,055.62 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 2 884,360.49 0.00 0.00 0.00 884,360.49 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 0.246914% 0.000000% 0.000000% 0.000000% 0.246914% 0.283024% 0.000000% 0.000000% 0.000000% 0.283024% 60 Days 0.246914% 0.000000% 0.000000% 0.000000% 0.246914% 0.200820% 0.000000% 0.000000% 0.000000% 0.200820% 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 0.493827% 0.000000% 0.000000% 0.000000% 0.493827% 0.483844% 0.000000% 0.000000% 0.000000% 0.483844%
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 1 0 0 0 1 517,304.87 0.00 0.00 0.00 517,304.87 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 1 517,304.87 0.00 0.00 0.00 517,304.87 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.250000% 0.000000% 0.000000% 0.000000% 1.250000% 1.456693% 0.000000% 0.000000% 0.000000% 1.456693% 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 1.250000% 0.000000% 0.000000% 0.000000% 1.250000% 1.456693% 0.000000% 0.000000% 0.000000% 1.456693% 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 1 0 0 0 1 367,055.62 0.00 0.00 0.00 367,055.62 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 1 367,055.62 0.00 0.00 0.00 367,055.62 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 0.492611% 0.000000% 0.000000% 0.000000% 0.492611% 0.384684% 0.000000% 0.000000% 0.000000% 0.384684% 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 0.492611% 0.000000% 0.000000% 0.000000% 0.492611% 0.384684% 0.000000% 0.000000% 0.000000% 0.384684% 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 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 4,722.00
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.305654% Weighted Average Pass-Through Rate 5.026986% Weighted Average Maturity(Stepdown Calculation ) 335 Beginning Scheduled Collateral Loan Count 424 Number Of Loans Paid In Full 19 Ending Scheduled Collateral Loan Count 405 Beginning Scheduled Collateral Balance 190,954,881.20 Ending Scheduled Collateral Balance 182,558,194.25 Ending Actual Collateral Balance at 31-Aug-2004 182,778,040.30 Monthly P &I Constant 1,129,687.40 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Non-PO Optimal Amount 8,812,013.04 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 182,558,194.25 Scheduled Principal 285,403.56 Unscheduled Principal 8,111,283.39
Miscellaneous Reporting Aggregate Subordinate Percentage 7.105800% Total Senior Percentage 92.894196%
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description 3 Year LIBOR Arm 5 Year LIBOR Arm 7 Year LIBOR Arm Weighted Average Coupon Rate 5.058640 5.197788 5.685269 Weighted Average Net Rate 4.683640 4.947788 5.435269 Weighted Average Maturity 335 335 331 Beginning Loan Count 87 212 125 Loans Paid In Full 7 9 3 Ending Loan Count 80 203 122 Beginning Scheduled Balance 38,447,736.74 99,279,314.69 53,227,829.77 Ending scheduled Balance 35,472,542.16 95,303,354.83 51,782,297.26 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 218,346.49 579,780.22 331,560.69 Scheduled Principal 56,268.78 149,752.88 79,381.90 Unscheduled Principal 2,918,925.80 3,826,206.98 1,366,150.61 Scheduled Interest 162,077.71 430,027.34 252,178.79 Servicing Fees 12,014.92 20,683.18 11,089.13 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 112.14 289.55 155.25 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 149,950.65 409,054.61 240,934.41 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 4.680140 4.944288 5.431769
Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 5.305654 Weighted Average Net Rate 5.030486 Weighted Average Maturity 335 Beginning Loan Count 424 Loans Paid In Full 19 Ending Loan Count 405 Beginning Scheduled Balance 190,954,881.20 Ending scheduled Balance 182,558,194.25 Record Date 08/31/2004 Principal And Interest Constant 1,129,687.40 Scheduled Principal 285,403.56 Unscheduled Principal 8,111,283.39 Scheduled Interest 844,283.84 Servicing Fees 43,787.23 Master Servicing Fees 0.00 Trustee Fee 556.94 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 799,939.67 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 5.026986
Miscellaneous Reporting Group Group 1 CPR 61.283941% Subordinate Percentage 9.555530% Senior Prepayment Percentage 95.222235% Senior Percentage 90.444470% Group Group 2 CPR 37.646616% Subordinate Percentage 6.433063% Senior Prepayment Percentage 96.783469% Senior Percentage 93.566937% Group Group 3 CPR 26.837468% Subordinate Percentage 6.584086% Senior Prepayment Percentage 96.707957% Senior Percentage 93.415914%
-----END PRIVACY-ENHANCED MESSAGE-----