-----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, SBf/ED6jpfmzY4ALdrly+dGTUQgP7KdY+weRMmkRoWXoNFtyjzvudbKmY8BfYFEa AFB+xCTyQnOQzEHqiG2YQQ== 0001056404-03-001446.txt : 20030811 0001056404-03-001446.hdr.sgml : 20030811 20030811080329 ACCESSION NUMBER: 0001056404-03-001446 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030725 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030811 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANC OF AMERICA MORT SEC INC ALTERNATIVE LOAN TRUST 2003-1 CENTRAL INDEX KEY: 0001216212 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: 333-101500-03 FILM NUMBER: 03833172 BUSINESS ADDRESS: STREET 1: 201 NORTH TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 MAIL ADDRESS: STREET 1: 9062 OLD ANNAPOLIS RD CITY: COLUMBIA STATE: MD ZIP: 21045 8-K 1 baa03001.txt JULY 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 25, 2003 BANK OF AMERICA ALT LOAN TRUST Mortgage Pass-Through Certificates, Series 2003-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-101500-03 54-2090855 Pooling and Servicing Agreement) (Commission 54-2090856 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On July 25, 2003 a distribution was made to holders of BANK OF AMERICA ALT LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-1 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-1 Trust, relating to the July 25, 2003 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. BANK OF AMERICA ALT LOAN TRUST Mortgage Pass-Through Certificates, Series 2003-1 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 7/30/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-1 Trust, relating to the July 25, 2003 distribution. EX-99.1
Bank of America Alternative Loan Trust Mortgage Pass-Through Certificates Record Date: 6/30/03 Distribution Date: 7/25/03 BAA Series: 2003-1 Contact: CTSLink Customer Service Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Telephone: (301) 815-6600 Fax: (301) 815-6600 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1 05948KAA7 SEN 5.00000% 98,349,950.88 409,783.33 2,699,003.65 A-2 05948KAB5 SEN 5.50000% 98,349,950.88 450,761.67 2,699,003.65 A-3 05948KAC3 SEN 1.52500% 59,009,969.41 74,990.35 1,619,402.16 A-4 05948KAD1 SEN 6.97500% 0.00 342,988.64 0.00 A-5 05948KAE9 SEN 6.00000% 1,025,250.95 5,126.15 (5,126.14) A-6 05948KAF6 SEN 6.00000% 32,500,000.00 162,496.78 0.00 A-PO 05948KAK5 PO 0.00000% 1,444,336.51 0.00 3,028.16 A-WIO 05948KAJ8 IO 0.34757% 0.00 66,178.22 0.00 B-1 05948KAL3 SUB 6.00000% 8,580,985.48 42,904.08 8,544.09 B-2 05948KAM1 SUB 6.00000% 3,238,145.28 16,190.41 3,224.22 B-3 05948KAN9 SUB 6.00000% 1,619,072.64 8,095.20 1,612.11 B-4 05948KAP4 SUB 6.00000% 1,295,656.16 6,478.15 1,290.09 B-5 05948KAQ2 SUB 6.00000% 971,244.56 4,856.13 967.07 B-6 05948KAR0 SUB 6.00000% 971,955.50 4,859.68 967.63 A-R 05948KAG4 SEN 6.00000% 0.00 0.00 0.00 A-LR 05948KAH2 SEN 6.00000% 0.00 0.00 0.00 SES ANCOF031SES SEN 0.00000% 0.00 51,226.09 0.00 Totals 307,356,518.25 1,646,934.88 7,031,916.69
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 95,650,947.23 3,108,786.98 0.00 A-2 0.00 95,650,947.23 3,149,765.32 0.00 A-3 0.00 57,390,567.25 1,694,392.51 0.00 A-4 0.00 0.00 342,988.64 0.00 A-5 0.00 1,030,377.11 0.01 0.00 A-6 0.00 32,500,000.00 162,496.78 0.00 A-PO 0.00 1,441,308.35 3,028.16 0.00 A-WIO 0.00 0.00 66,178.22 0.00 B-1 0.00 8,572,441.38 51,448.17 0.00 B-2 0.00 3,234,921.05 19,414.63 0.00 B-3 0.00 1,617,460.53 9,707.31 0.00 B-4 0.00 1,294,366.08 7,768.24 0.00 B-5 0.00 970,277.49 5,823.20 0.00 B-6 0.00 970,987.82 5,827.31 0.00 A-R 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 SES 0.00 0.00 51,226.09 0.00 Totals 0.00 300,324,601.52 8,678,851.57 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) A-1 105,253,462.00 98,349,950.88 110,846.99 2,588,156.66 0.00 0.00 A-2 105,253,462.00 98,349,950.88 110,846.99 2,588,156.66 0.00 0.00 A-3 63,152,076.00 59,009,969.41 66,508.19 1,552,893.96 0.00 0.00 A-4 0.00 0.00 0.00 0.00 0.00 0.00 A-5 1,000,000.00 1,025,250.95 0.00 0.00 (5,126.14) 0.00 A-6 32,500,000.00 32,500,000.00 0.00 0.00 0.00 0.00 A-PO 1,480,975.00 1,444,336.51 1,738.12 1,290.05 0.00 0.00 A-WIO 0.00 0.00 0.00 0.00 0.00 0.00 B-1 8,623,000.00 8,580,985.48 8,544.09 0.00 0.00 0.00 B-2 3,254,000.00 3,238,145.28 3,224.22 0.00 0.00 0.00 B-3 1,627,000.00 1,619,072.64 1,612.11 0.00 0.00 0.00 B-4 1,302,000.00 1,295,656.16 1,290.09 0.00 0.00 0.00 B-5 976,000.00 971,244.56 967.07 0.00 0.00 0.00 B-6 976,714.00 971,955.50 967.63 0.00 0.00 0.00 A-R 50.00 0.00 0.00 0.00 0.00 0.00 A-LR 50.00 0.00 0.00 0.00 0.00 0.00 SES 0.00 0.00 0.00 0.00 0.00 0.00 Totals 325,398,789.00 307,356,518.25 306,545.50 6,730,497.33 (5,126.14) 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 A-1 2,699,003.65 95,650,947.23 0.90876771 2,699,003.65 A-2 2,699,003.65 95,650,947.23 0.90876771 2,699,003.65 A-3 1,619,402.16 57,390,567.25 0.90876771 1,619,402.16 A-4 0.00 0.00 0.00000000 0.00 A-5 (5,126.14) 1,030,377.11 1.03037711 (5,126.14) A-6 0.00 32,500,000.00 1.00000000 0.00 A-PO 3,028.16 1,441,308.35 0.97321585 3,028.16 A-WIO 0.00 0.00 0.00000000 0.00 B-1 8,544.09 8,572,441.38 0.99413677 8,544.09 B-2 3,224.22 3,234,921.05 0.99413677 3,224.22 B-3 1,612.11 1,617,460.53 0.99413677 1,612.11 B-4 1,290.09 1,294,366.08 0.99413677 1,290.09 B-5 967.07 970,277.49 0.99413677 967.07 B-6 967.63 970,987.82 0.99413730 967.63 A-R 0.00 0.00 0.00000000 0.00 A-LR 0.00 0.00 0.00000000 0.00 SES 0.00 0.00 0.00000000 0.00 Totals 7,031,916.69 300,324,601.52 0.92294321 7,031,916.69
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 105,253,462.00 934.41060286 1.05314341 24.58975326 0.00000000 A-2 105,253,462.00 934.41060286 1.05314341 24.58975326 0.00000000 A-3 63,152,076.00 934.41060291 1.05314337 24.58975315 0.00000000 A-4 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-5 1,000,000.00 1025.25095000 0.00000000 0.00000000 (5.12614000) A-6 32,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-PO 1,480,975.00 975.26056145 1.17363224 0.87108155 0.00000000 A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 8,623,000.00 995.12762148 0.99084889 0.00000000 0.00000000 B-2 3,254,000.00 995.12762139 0.99084819 0.00000000 0.00000000 B-3 1,627,000.00 995.12762139 0.99084819 0.00000000 0.00000000 B-4 1,302,000.00 995.12761905 0.99085253 0.00000000 0.00000000 B-5 976,000.00 995.12762295 0.99085041 0.00000000 0.00000000 B-6 976,714.00 995.12805181 0.99069943 0.00000000 0.00000000 A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 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 A-1 0.00000000 25.64289667 908.76770619 0.90876771 25.64289667 A-2 0.00000000 25.64289667 908.76770619 0.90876771 25.64289667 A-3 0.00000000 25.64289668 908.76770623 0.90876771 25.64289668 A-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-5 0.00000000 (5.12614000) 1,030.37711000 1.03037711 (5.12614000) A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-PO 0.00000000 2.04470703 973.21585442 0.97321585 2.04470703 A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.99084889 994.13677143 0.99413677 0.99084889 B-2 0.00000000 0.99084819 994.13677013 0.99413677 0.99084819 B-3 0.00000000 0.99084819 994.13677320 0.99413677 0.99084819 B-4 0.00000000 0.99085253 994.13677419 0.99413677 0.99085253 B-5 0.00000000 0.99085041 994.13677254 0.99413677 0.99085041 B-6 0.00000000 0.99069943 994.13730120 0.99413730 0.99069943 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 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, Bankrupcy, 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 A-1 105,253,462.00 5.00000% 98,349,950.88 409,791.46 0.00 0.00 A-2 105,253,462.00 5.50000% 98,349,950.88 450,770.61 0.00 0.00 A-3 63,152,076.00 1.52500% 59,009,969.41 74,991.84 0.00 0.00 A-4 0.00 6.97500% 59,009,969.41 342,995.45 0.00 0.00 A-5 1,000,000.00 6.00000% 1,025,250.95 5,126.25 0.00 0.00 A-6 32,500,000.00 6.00000% 32,500,000.00 162,500.00 0.00 0.00 A-PO 1,480,975.00 0.00000% 1,444,336.51 0.00 0.00 0.00 A-WIO 0.00 0.34757% 228,484,744.61 66,178.22 0.00 0.00 B-1 8,623,000.00 6.00000% 8,580,985.48 42,904.93 0.00 0.00 B-2 3,254,000.00 6.00000% 3,238,145.28 16,190.73 0.00 0.00 B-3 1,627,000.00 6.00000% 1,619,072.64 8,095.36 0.00 0.00 B-4 1,302,000.00 6.00000% 1,295,656.16 6,478.28 0.00 0.00 B-5 976,000.00 6.00000% 971,244.56 4,856.22 0.00 0.00 B-6 976,714.00 6.00000% 971,955.50 4,859.78 0.00 0.00 A-R 50.00 6.00000% 0.00 0.00 0.00 0.00 A-LR 50.00 6.00000% 0.00 0.00 0.00 0.00 SES 0.00 0.00000% 307,356,518.34 0.00 0.00 0.00 Totals 325,398,789.00 1,595,739.13 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 A-1 8.13 0.00 409,783.33 0.00 95,650,947.23 A-2 8.94 0.00 450,761.67 0.00 95,650,947.23 A-3 1.49 0.00 74,990.35 0.00 57,390,567.25 A-4 6.80 0.00 342,988.64 0.00 57,390,567.25 A-5 0.10 0.00 5,126.15 0.00 1,030,377.11 A-6 3.22 0.00 162,496.78 0.00 32,500,000.00 A-PO 0.00 0.00 0.00 0.00 1,441,308.35 A-WIO 0.00 0.00 66,178.22 0.00 222,080,948.38 B-1 0.85 0.00 42,904.08 0.00 8,572,441.38 B-2 0.32 0.00 16,190.41 0.00 3,234,921.05 B-3 0.16 0.00 8,095.20 0.00 1,617,460.53 B-4 0.13 0.00 6,478.15 0.00 1,294,366.08 B-5 0.10 0.00 4,856.13 0.00 970,277.49 B-6 0.10 0.00 4,859.68 0.00 970,987.82 A-R 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 0.00 SES 0.00 0.00 51,226.09 0.00 300,324,601.51 Totals 30.34 0.00 1,646,934.88 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, 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 A-1 105,253,462.00 5.00000% 934.41060286 3.89337749 0.00000000 0.00000000 A-2 105,253,462.00 5.50000% 934.41060286 4.28271528 0.00000000 0.00000000 A-3 63,152,076.00 1.52500% 934.41060291 1.18748020 0.00000000 0.00000000 A-4 0.00 6.97500% 934.41060291 5.43126167 0.00000000 0.00000000 A-5 1,000,000.00 6.00000% 1025.25095000 5.12625000 0.00000000 0.00000000 A-6 32,500,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 A-PO 1,480,975.00 0.00000% 975.26056145 0.00000000 0.00000000 0.00000000 A-WIO 0.00 0.34757% 937.69299625 0.27159298 0.00000000 0.00000000 B-1 8,623,000.00 6.00000% 995.12762148 4.97563841 0.00000000 0.00000000 B-2 3,254,000.00 6.00000% 995.12762139 4.97563921 0.00000000 0.00000000 B-3 1,627,000.00 6.00000% 995.12762139 4.97563614 0.00000000 0.00000000 B-4 1,302,000.00 6.00000% 995.12761905 4.97563748 0.00000000 0.00000000 B-5 976,000.00 6.00000% 995.12762295 4.97563525 0.00000000 0.00000000 B-6 976,714.00 6.00000% 995.12805181 4.97564282 0.00000000 0.00000000 A-R 50.00 6.00000% 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 6.00000% 0.00000000 0.00000000 0.00000000 0.00000000 SES 0.00 0.00000% 944.55335647 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 A-1 0.00007724 0.00000000 3.89330025 0.00000000 908.76770619 A-2 0.00008494 0.00000000 4.28263034 0.00000000 908.76770619 A-3 0.00002359 0.00000000 1.18745661 0.00000000 908.76770623 A-4 0.00010768 0.00000000 5.43115384 0.00000000 908.76770623 A-5 0.00010000 0.00000000 5.12615000 0.00000000 1030.37711000 A-6 0.00009908 0.00000000 4.99990092 0.00000000 1000.00000000 A-PO 0.00000000 0.00000000 0.00000000 0.00000000 973.21585442 A-WIO 0.00000000 0.00000000 0.27159298 0.00000000 911.41205183 B-1 0.00009857 0.00000000 4.97553984 0.00000000 994.13677143 B-2 0.00009834 0.00000000 4.97554087 0.00000000 994.13677013 B-3 0.00009834 0.00000000 4.97553780 0.00000000 994.13677320 B-4 0.00009985 0.00000000 4.97553763 0.00000000 994.13677419 B-5 0.00010246 0.00000000 4.97554303 0.00000000 994.13677254 B-6 0.00010238 0.00000000 4.97554043 0.00000000 994.13730120 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 SES 0.00000000 0.00000000 0.15742557 0.00000000 922.94320588 (6) Amount Does Not Include Excess Special Hazard, Bankrupcy,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 8,687,794.21 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 5,784.84 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 8,693,579.05 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 14,727.48 Payment of Interest and Principal 8,678,851.57 Total Withdrawals (Pool Distribution Amount) 8,693,579.05 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 30.34
SERVICING FEES Gross Servicing Fee 12,806.52 TrusTee Fee 1,920.96 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 14,727.48
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 6 0 0 0 6 864,117.74 0.00 0.00 0.00 864,117.74 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 1 0 0 0 1 51,289.58 0.00 0.00 0.00 51,289.58 120 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 7 0 0 0 7 915,407.32 0.00 0.00 0.00 915,407.32 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 0.274851% 0.000000% 0.000000% 0.000000% 0.274851% 0.287480% 0.000000% 0.000000% 0.000000% 0.287480% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.045809% 0.000000% 0.000000% 0.000000% 0.045809% 0.017063% 0.000000% 0.000000% 0.000000% 0.017063% 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 0.320660% 0.000000% 0.000000% 0.000000% 0.320660% 0.304544% 0.000000% 0.000000% 0.000000% 0.304544%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 5,784.84
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 18,239,689.00 5.60533401% 18,101,762.70 6.02739922% 94.425766% 0.000000% Class B-1 8,135,714.00 2.50022873% 8,088,012.97 2.69309039% 2.868157% 51.453827% Class B-2 4,881,714.00 1.50022501% 4,853,091.92 1.61594884% 1.082336% 19.416764% Class B-3 3,254,714.00 1.00022314% 3,235,631.39 1.07737807% 0.541168% 9.708382% Class B-4 1,952,714.00 0.60009873% 1,941,265.31 0.64638904% 0.433067% 7.769092% Class B-5 976,714.00 0.30015908% 970,987.82 0.32331278% 0.324634% 5.823836% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.324872% 5.828099% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 6.487683% Weighted Average Pass-Through Rate 6.230183% Weighted Average Maturity(Stepdown Calculation ) 347 Beginning Scheduled Collateral Loan Count 2,219 Number Of Loans Paid In Full 36 Ending Scheduled Collateral Loan Count 2,183 Beginning Scheduled Collateral Balance 307,356,518.34 Ending Scheduled Collateral Balance 300,324,601.51 Ending Actual Collateral Balance at 30-Jun-2003 300,583,293.35 Monthly P &I Constant 1,968,028.06 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 8,524,637.14 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 300,324,601.51 Scheduled Principal 306,335.13 Unscheduled Principal 6,725,581.70
Miscellaneous Reporting Priority % 10.623964% Senior % 94.548416% Senior Prepayment % 100.000000% Subordinate % 5.451584% Subordinate Prepayment % 0.000000%
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