-----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, NCUmt7/nB1+mq14/1oYk3fiYmgRzwiiKlO6xCnd4RnIu6ABn4cTDomRzYi3D2YMq Ek7xfFoGEYaTWSH2oEp+cQ== 0001056404-04-004560.txt : 20041229 0001056404-04-004560.hdr.sgml : 20041229 20041229140607 ACCESSION NUMBER: 0001056404-04-004560 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041227 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041229 DATE AS OF CHANGE: 20041229 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] IRS NUMBER: 000000000 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: 041230577 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_dec.txt DECEMBER 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): December 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 December 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 December 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: 12/27/2004 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 December 27, 2004 distribution. EX-99.1
Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 11/30/2004 Distribution Date: 12/27/2004 Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates 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% 15,725,216.44 56,781.14 918,349.79 1-A2 05948JAB9 SEN 4.33300% 13,426,298.48 48,480.13 784,093.40 1-A3 05948JAC6 SEN 4.33300% 234,960.22 848.40 13,721.63 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% 20,670,457.90 70,985.80 795,556.34 2-A2 05948JAG7 SEN 4.72700% 40,502,924.26 159,547.77 1,558,860.40 2-A3 05948JAH5 SEN 4.12100% 18,162,628.56 62,373.50 699,036.00 2-A4 05948JAJ1 SEN 4.12100% 321,230.09 1,103.16 12,363.38 3-A1 05948JAK8 SEN 5.10000% 45,344,994.76 192,716.23 2,510,227.39 AP 05948JAL6 PO 0.00000% 1,088,667.75 0.00 8,514.67 B1 05948JAM4 SUB 4.58098% 5,965,605.68 22,773.61 142,804.73 B2 05948JAN2 SUB 4.58098% 2,752,747.19 10,508.57 65,895.29 B3 05948JAP7 SUB 4.58098% 1,376,013.57 5,252.91 32,939.03 B4 05948JAU6 SUB 4.58098% 918,062.43 3,504.69 21,976.59 B5 05948JAV4 SUB 4.58098% 687,646.76 2,625.08 16,460.90 B6 05948JAW2 SUB 4.58098% 918,196.39 3,505.20 21,979.78 WIO 05948JAT9 IO 0.49883% 0.00 62,454.14 0.00 SES 05948JAX0 SEN 0.00000% 0.00 33,434.67 0.00 Totals 168,095,650.48 736,895.00 7,602,779.32
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 14,806,866.65 975,130.93 0.00 1-A2 0.00 12,642,205.08 832,573.53 0.00 1-A3 0.00 221,238.59 14,570.03 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 19,874,901.56 866,542.14 0.00 2-A2 0.00 38,944,063.87 1,718,408.17 0.00 2-A3 0.00 17,463,592.56 761,409.50 0.00 2-A4 0.00 308,866.71 13,466.54 0.00 3-A1 0.00 42,834,767.37 2,702,943.62 0.00 AP 0.00 1,080,153.09 8,514.67 0.00 B1 0.00 5,822,800.94 165,578.34 0.00 B2 0.00 2,686,851.90 76,403.86 0.00 B3 0.00 1,343,074.54 38,191.94 0.00 B4 0.00 896,085.84 25,481.28 0.00 B5 0.00 671,185.87 19,085.98 0.00 B6 0.02 896,216.59 25,484.98 0.02 WIO 0.00 0.00 62,454.14 0.00 SES 0.00 0.00 33,434.67 0.00 Totals 0.02 160,492,871.16 8,339,674.32 0.02 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 15,725,216.44 23,754.87 894,594.92 0.00 0.00 1-A2 80,000,000.00 13,426,298.48 20,282.07 763,811.32 0.00 0.00 1-A3 1,400,000.00 234,960.22 354.94 13,366.70 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 20,670,457.90 31,846.45 763,709.89 0.00 0.00 2-A2 145,000,000.00 40,502,924.26 62,401.82 1,496,458.57 0.00 0.00 2-A3 65,022,000.00 18,162,628.56 27,982.70 671,053.31 0.00 0.00 2-A4 1,150,000.00 321,230.09 494.91 11,868.46 0.00 0.00 3-A1 157,726,000.00 45,344,994.76 70,288.16 2,439,939.23 0.00 0.00 AP 1,659,455.55 1,088,667.75 2,260.89 6,253.78 0.00 0.00 B1 8,285,000.00 5,965,605.68 9,157.83 133,646.90 0.00 0.00 B2 3,823,000.00 2,752,747.19 4,225.76 61,669.54 0.00 0.00 B3 1,911,000.00 1,376,013.57 2,112.33 30,826.70 0.00 0.00 B4 1,275,000.00 918,062.43 1,409.32 20,567.27 0.00 0.00 B5 955,000.00 687,646.76 1,055.61 15,405.29 0.00 0.00 B6 1,275,186.00 918,196.39 1,409.53 20,570.25 0.00 0.02 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 637,179,741.55 168,095,650.48 259,037.19 7,343,742.13 0.00 0.02 (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 918,349.79 14,806,866.65 0.15802756 918,349.79 1-A2 784,093.40 12,642,205.08 0.15802756 784,093.40 1-A3 13,721.63 221,238.59 0.15802756 13,721.63 1-AR 0.00 0.00 0.00000000 0.00 1-ALR 0.00 0.00 0.00000000 0.00 2-A1 795,556.34 19,874,901.56 0.26857975 795,556.34 2-A2 1,558,860.40 38,944,063.87 0.26857975 1,558,860.40 2-A3 699,036.00 17,463,592.56 0.26857975 699,036.00 2-A4 12,363.38 308,866.71 0.26857975 12,363.38 3-A1 2,510,227.39 42,834,767.37 0.27157709 2,510,227.39 AP 8,514.67 1,080,153.09 0.65090812 8,514.67 B1 142,804.73 5,822,800.94 0.70281242 142,804.73 B2 65,895.29 2,686,851.90 0.70281242 65,895.29 B3 32,939.03 1,343,074.54 0.70281242 32,939.03 B4 21,976.59 896,085.84 0.70281242 21,976.59 B5 16,460.90 671,185.87 0.70281243 16,460.90 B6 21,979.80 896,216.59 0.70281244 21,979.78 WIO 0.00 0.00 0.00000000 0.00 SES 0.00 0.00 0.00000000 0.00 Totals 7,602,779.34 160,492,871.16 0.25188006 7,602,779.32
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 93,698,000.00 167.82873103 0.25352590 9.54764157 0.00000000 1-A2 80,000,000.00 167.82873100 0.25352587 9.54764150 0.00000000 1-A3 1,400,000.00 167.82872857 0.25352857 9.54764286 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 74,000,000.00 279.33051216 0.43035743 10.32040392 0.00000000 2-A2 145,000,000.00 279.33051214 0.43035738 10.32040393 0.00000000 2-A3 65,022,000.00 279.33051213 0.43035742 10.32040402 0.00000000 2-A4 1,150,000.00 279.33051304 0.43035652 10.32040000 0.00000000 3-A1 157,726,000.00 287.49220014 0.44563458 15.46948017 0.00000000 AP 1,659,455.55 656.03911476 1.36242878 3.76857337 0.00000000 B1 8,285,000.00 720.04896560 1.10535063 16.13118890 0.00000000 B2 3,823,000.00 720.04896416 1.10535182 16.13119016 0.00000000 B3 1,911,000.00 720.04896389 1.10535322 16.13118786 0.00000000 B4 1,275,000.00 720.04896471 1.10534902 16.13119216 0.00000000 B5 955,000.00 720.04896335 1.10535079 16.13119372 0.00000000 B6 1,275,186.00 720.04898893 1.10535247 16.13117616 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 9.80116747 158.02756356 0.15802756 9.80116747 1-A2 0.00000000 9.80116750 158.02756350 0.15802756 9.80116750 1-A3 0.00000000 9.80116429 158.02756429 0.15802756 9.80116429 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 10.75076135 268.57975081 0.26857975 10.75076135 2-A2 0.00000000 10.75076138 268.57975083 0.26857975 10.75076138 2-A3 0.00000000 10.75076128 268.57975085 0.26857975 10.75076128 2-A4 0.00000000 10.75076522 268.57974783 0.26857975 10.75076522 3-A1 0.00000000 15.91511476 271.57708539 0.27157709 15.91511476 AP 0.00000000 5.13100215 650.90811863 0.65090812 5.13100215 B1 0.00000000 17.23653953 702.81242486 0.70281242 17.23653953 B2 0.00000000 17.23653937 702.81242480 0.70281242 17.23653937 B3 0.00000000 17.23654108 702.81242282 0.70281242 17.23654108 B4 0.00000000 17.23654118 702.81242353 0.70281242 17.23654118 B5 0.00000000 17.23654450 702.81242932 0.70281243 17.23654450 B6 0.00001568 17.23654432 702.81244462 0.70281244 17.23652863 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% 15,725,216.44 56,781.14 0.00 0.00 1-A2 80,000,000.00 4.33300% 13,426,298.48 48,480.13 0.00 0.00 1-A3 1,400,000.00 4.33300% 234,960.22 848.40 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% 20,670,457.90 70,985.80 0.00 0.00 2-A2 145,000,000.00 4.72700% 40,502,924.26 159,547.77 0.00 0.00 2-A3 65,022,000.00 4.12100% 18,162,628.56 62,373.49 0.00 0.00 2-A4 1,150,000.00 4.12100% 321,230.09 1,103.16 0.00 0.00 3-A1 157,726,000.00 5.10000% 45,344,994.76 192,716.23 0.00 0.00 AP 1,659,455.55 0.00000% 1,088,667.75 0.00 0.00 0.00 B1 8,285,000.00 4.58098% 5,965,605.68 22,773.61 0.00 0.00 B2 3,823,000.00 4.58098% 2,752,747.19 10,508.57 0.00 0.00 B3 1,911,000.00 4.58098% 1,376,013.57 5,252.91 0.00 0.00 B4 1,275,000.00 4.58098% 918,062.43 3,504.69 0.00 0.00 B5 955,000.00 4.58098% 687,646.76 2,625.08 0.00 0.00 B6 1,275,186.00 4.58098% 918,196.39 3,505.20 0.00 0.00 WIO 0.00 0.49883% 150,242,041.22 62,454.14 0.00 0.00 SES 0.00 0.00000% 168,095,650.49 0.00 0.00 0.00 Totals 637,179,741.55 703,460.32 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 56,781.14 0.00 14,806,866.65 1-A2 0.00 0.00 48,480.13 0.00 12,642,205.08 1-A3 0.00 0.00 848.40 0.00 221,238.59 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 70,985.80 0.00 19,874,901.56 2-A2 0.00 0.00 159,547.77 0.00 38,944,063.87 2-A3 0.00 0.00 62,373.50 0.00 17,463,592.56 2-A4 0.00 0.00 1,103.16 0.00 308,866.71 3-A1 0.00 0.00 192,716.23 0.00 42,834,767.37 AP 0.00 0.00 0.00 0.00 1,080,153.09 B1 0.00 0.00 22,773.61 0.00 5,822,800.94 B2 0.00 0.00 10,508.57 0.00 2,686,851.90 B3 0.00 0.00 5,252.91 0.00 1,343,074.54 B4 0.00 0.00 3,504.69 0.00 896,085.84 B5 0.00 0.00 2,625.08 0.00 671,185.87 B6 0.00 0.00 3,505.20 0.00 896,216.59 WIO 0.00 0.00 62,454.14 0.00 143,127,834.21 SES 0.00 0.00 33,434.67 0.00 160,492,871.16 Totals 0.00 0.00 736,895.00 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% 167.82873103 0.60600162 0.00000000 0.00000000 1-A2 80,000,000.00 4.33300% 167.82873100 0.60600163 0.00000000 0.00000000 1-A3 1,400,000.00 4.33300% 167.82872857 0.60600000 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% 279.33051216 0.95926757 0.00000000 0.00000000 2-A2 145,000,000.00 4.72700% 279.33051214 1.10032945 0.00000000 0.00000000 2-A3 65,022,000.00 4.12100% 279.33051213 0.95926748 0.00000000 0.00000000 2-A4 1,150,000.00 4.12100% 279.33051304 0.95926957 0.00000000 0.00000000 3-A1 157,726,000.00 5.10000% 287.49220014 1.22184187 0.00000000 0.00000000 AP 1,659,455.55 0.00000% 656.03911476 0.00000000 0.00000000 0.00000000 B1 8,285,000.00 4.58098% 720.04896560 2.74877610 0.00000000 0.00000000 B2 3,823,000.00 4.58098% 720.04896416 2.74877583 0.00000000 0.00000000 B3 1,911,000.00 4.58098% 720.04896389 2.74877551 0.00000000 0.00000000 B4 1,275,000.00 4.58098% 720.04896471 2.74877647 0.00000000 0.00000000 B5 955,000.00 4.58098% 720.04896335 2.74877487 0.00000000 0.00000000 B6 1,275,186.00 4.58098% 720.04898893 2.74877547 0.00000000 0.00000000 WIO 0.00 0.49883% 248.59199217 0.10333725 0.00000000 0.00000000 SES 0.00 0.00000% 263.81198196 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 0.60600162 0.00000000 158.02756356 1-A2 0.00000000 0.00000000 0.60600163 0.00000000 158.02756350 1-A3 0.00000000 0.00000000 0.60600000 0.00000000 158.02756429 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 0.95926757 0.00000000 268.57975081 2-A2 0.00000000 0.00000000 1.10032945 0.00000000 268.57975083 2-A3 0.00000000 0.00000000 0.95926763 0.00000000 268.57975085 2-A4 0.00000000 0.00000000 0.95926957 0.00000000 268.57974783 3-A1 0.00000000 0.00000000 1.22184187 0.00000000 271.57708539 AP 0.00000000 0.00000000 0.00000000 0.00000000 650.90811863 B1 0.00000000 0.00000000 2.74877610 0.00000000 702.81242486 B2 0.00000000 0.00000000 2.74877583 0.00000000 702.81242480 B3 0.00000000 0.00000000 2.74877551 0.00000000 702.81242282 B4 0.00000000 0.00000000 2.74877647 0.00000000 702.81242353 B5 0.00000000 0.00000000 2.74877487 0.00000000 702.81242932 B6 0.00000000 0.00000000 2.74877547 0.00000000 702.81244462 WIO 0.00000000 0.00000000 0.10333725 0.00000000 236.82075371 SES 0.00000000 0.00000000 0.05247290 0.00000000 251.88005940 (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 0.00 113,172.28 112,966.28 34.07365206% AP-2 0.00000% 0.00 0.00 843,561.63 835,659.64 75.59978485% AP-3 0.00000% 0.00 0.00 131,933.85 131,527.17 59.10086920% WIO-1 0.39881% 30,107,108.36 28,300,239.84 0.00 0.00 16.51108087% WIO-2 0.61944% 75,077,157.80 72,363,342.15 0.00 0.00 26.01362407% WIO-3 0.36468% 45,057,775.06 42,464,252.22 0.00 0.00 27.43244467% SES-1 0.00000% 32,882,691.75 31,070,218.60 0.00 0.00 17.22379119% SES-2 0.00000% 86,395,125.21 83,207,322.45 0.00 0.00 28.26593595% SES-3 0.00000% 48,817,833.53 46,215,330.11 0.00 0.00 28.45503177%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 8,347,168.58 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 8,347,168.58 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 7,494.26 Payment of Interest and Principal 8,339,674.32 Total Withdrawals (Pool Distribution Amount) 8,347,168.58 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 7,003.99 Wells Fargo Trustee Fee 490.27 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 7,494.26
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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 1 0 0 0 1 389,054.65 0.00 0.00 0.00 389,054.65 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 1 0 1 0.00 0.00 367,055.62 0.00 367,055.62 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 1 0 2 389,054.65 0.00 367,055.62 0.00 756,110.27 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.278552% 0.000000% 0.000000% 0.000000% 0.278552% 0.242118% 0.000000% 0.000000% 0.000000% 0.242118% 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% 0.278552% 0.000000% 0.278552% 0.000000% 0.000000% 0.228427% 0.000000% 0.228427% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.278552% 0.000000% 0.278552% 0.000000% 0.557103% 0.242118% 0.000000% 0.228427% 0.000000% 0.470545%
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 1 0 0 0 1 389,054.65 0.00 0.00 0.00 389,054.65 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 1 389,054.65 0.00 0.00 0.00 389,054.65 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 1.408451% 0.000000% 0.000000% 0.000000% 1.408451% 1.250742% 0.000000% 0.000000% 0.000000% 1.250742% 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 1.408451% 0.000000% 0.000000% 0.000000% 1.408451% 1.250742% 0.000000% 0.000000% 0.000000% 1.250742% 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 1 0 1 0.00 0.00 367,055.62 0.00 367,055.62 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 1 0 1 0.00 0.00 367,055.62 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 0.000000% 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% 0.558659% 0.000000% 0.558659% 0.000000% 0.000000% 0.440599% 0.000000% 0.440599% 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% 0.558659% 0.000000% 0.558659% 0.000000% 0.000000% 0.440599% 0.000000% 0.440599% 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 4,034.54
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.299809% Weighted Average Pass-Through Rate 5.021857% Weighted Average Maturity (Stepdown Calculation) 332 Beginning Scheduled Collateral Loan Count 376 Number Of Loans Paid In Full 17 Ending Scheduled Collateral Loan Count 359 Beginning Scheduled Collateral Balance 168,095,650.49 Ending Scheduled Collateral Balance 160,492,871.16 Ending Actual Collateral Balance at 30-Nov-2004 160,688,191.64 Monthly P &I Constant 1,001,432.96 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 7,938,983.90 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 160,492,871.16 Scheduled Principal 259,037.19 Unscheduled Principal 7,343,742.14
Miscellaneous Reporting Aggregate Subordinate Percentage 7.555536% Total Senior Percentage 92.444469%
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 5.061733 5.177680 5.676312 Weighted Average Net Rate 4.686732 4.927680 5.426312 Weighted Average Maturity 332 332 328 Beginning Loan Count 75 186 115 Loans Paid In Full 4 7 6 Ending Loan Count 71 179 109 Beginning Scheduled Balance 32,882,691.75 86,395,125.21 48,817,833.53 Ending scheduled Balance 31,070,218.60 83,207,322.45 46,215,330.11 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 188,383.87 506,306.48 306,742.61 Scheduled Principal 49,681.04 133,534.58 75,821.57 Unscheduled Principal 1,762,792.11 3,054,268.18 2,526,681.85 Scheduled Interest 138,702.83 372,771.90 230,921.04 Servicing Fees 10,275.85 17,998.97 10,170.38 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 95.90 251.98 142.39 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 128,331.08 354,520.95 220,608.27 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 4.683233 4.924180 5.422812
Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 5.299809 Weighted Average Net Rate 5.025357 Weighted Average Maturity 332 Beginning Loan Count 376 Loans Paid In Full 17 Ending Loan Count 359 Beginning Scheduled Balance 168,095,650.49 Ending scheduled Balance 160,492,871.16 Record Date 11/30/2004 Principal And Interest Constant 1,001,432.96 Scheduled Principal 259,037.19 Unscheduled Principal 7,343,742.14 Scheduled Interest 742,395.77 Servicing Fees 38,445.20 Master Servicing Fees 0.00 Trustee Fee 490.27 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 703,460.30 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 5.021857
Miscellaneous Reporting Group Group 1 CPR 48.429279% Subordinate Percentage 10.323762% Senior Prepayment Percentage 94.838119% Senior Percentage 89.676238% Subordinate Prepayment Percentage 90,991.82 Group Group 2 CPR 35.117284% Subordinate Percentage 6.889777% Senior Prepayment Percentage 96.555111% Senior Percentage 93.110223% Subordinate Prepayment Percentage 105,003.44 Group Group 3 CPR 47.205183% Subordinate Percentage 6.862160% Senior Prepayment Percentage 96.568920% Senior Percentage 93.137840% Subordinate Prepayment Percentage 86,690.70
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