-----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, LA9k/V1U6vyX9hsMMXCRybjP4DUwReI9oeDDRIRX5n9DBnhsV9yOH5r/pRdqwjb6 o7CW4Hjp7O0tFXcGWqcJSQ== 0001056404-03-001831.txt : 20031007 0001056404-03-001831.hdr.sgml : 20031007 20031007082406 ACCESSION NUMBER: 0001056404-03-001831 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030925 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031007 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO ASSET SEC CORP MORTGAGE PASS THR CERT SER 2003-D CENTRAL INDEX KEY: 0001219658 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: 333-98129-11 FILM NUMBER: 03930495 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 8-K 1 wfm0300d.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 25, 2003 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-D Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-98129-11 02-0686997 Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) 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 September 25, 2003 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2003-D 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-D Trust, relating to the September 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-D Trust By: Wells Fargo Bank Minnesota, N.A., as Master Servicer By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 9/29/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-D Trust, relating to the September 25, 2003 distribution. EX-99.1
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 8/31/03 Distribution Date: 9/25/03 WFMBS Series: 2003-D Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, 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 A-1 949911AA9 SEQ 4.90565% 252,744,519.56 1,033,229.03 25,879,601.85 A-R 949911AB7 SEQ 4.89736% 0.00 0.00 0.00 B-1 949911AC5 SUB 4.90565% 5,775,798.50 23,611.68 4,867.14 B-2 949911AD3 SUB 4.90565% 1,991,929.13 8,143.08 1,678.56 B-3 949911AE1 SUB 4.90565% 994,969.60 4,067.47 838.44 B-4 949911AF8 SUB 4.90565% 796,970.65 3,258.05 671.59 B-5 949911AG6 SUB 4.90565% 597,976.73 2,444.55 503.90 B-6 949911AH4 SUB 4.90565% 597,603.28 2,443.02 503.59 Totals 263,499,767.45 1,077,196.88 25,888,665.07
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 226,864,917.71 26,912,830.88 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 5,770,931.36 28,478.82 0.00 B-2 0.00 1,990,250.57 9,821.64 0.00 B-3 0.00 994,131.16 4,905.91 0.00 B-4 0.00 796,299.06 3,929.64 0.00 B-5 0.00 597,472.82 2,948.45 0.00 B-6 0.00 597,099.70 2,946.61 0.00 Totals 0.00 237,611,102.38 26,965,861.95 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-1 389,522,000.00 252,744,519.56 212,982.40 25,666,619.45 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 5,805,000.00 5,775,798.50 4,867.14 0.00 0.00 0.00 B-2 2,002,000.00 1,991,929.13 1,678.56 0.00 0.00 0.00 B-3 1,000,000.00 994,969.60 838.44 0.00 0.00 0.00 B-4 801,000.00 796,970.65 671.59 0.00 0.00 0.00 B-5 601,000.00 597,976.73 503.90 0.00 0.00 0.00 B-6 600,624.67 597,603.28 503.59 0.00 0.00 0.00 Totals 400,331,724.67 263,499,767.45 222,045.62 25,666,619.45 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 A-1 25,879,601.85 226,864,917.71 0.58241875 25,879,601.85 A-R 0.00 0.00 0.00000000 0.00 B-1 4,867.14 5,770,931.36 0.99413116 4,867.14 B-2 1,678.56 1,990,250.57 0.99413115 1,678.56 B-3 838.44 994,131.16 0.99413116 838.44 B-4 671.59 796,299.06 0.99413116 671.59 B-5 503.90 597,472.82 0.99413115 503.90 B-6 503.59 597,099.70 0.99413116 503.59 Totals 25,888,665.07 237,611,102.38 0.59353553 25,888,665.07
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 389,522,000.00 648.85813782 0.54677887 65.89260542 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 5,805,000.00 994.96959518 0.83843928 0.00000000 0.00000000 B-2 2,002,000.00 994.96959540 0.83844156 0.00000000 0.00000000 B-3 1,000,000.00 994.96960000 0.83844000 0.00000000 0.00000000 B-4 801,000.00 994.96960050 0.83843945 0.00000000 0.00000000 B-5 601,000.00 994.96960067 0.83843594 0.00000000 0.00000000 B-6 600,624.67 994.96958725 0.83844375 0.00000000 0.00000000 (2) Per $1000 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 66.43938430 582.41875352 0.58241875 66.43938430 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.83843928 994.13115590 0.99413116 0.83843928 B-2 0.00000000 0.83844156 994.13115385 0.99413115 0.83844156 B-3 0.00000000 0.83844000 994.13116000 0.99413116 0.83844000 B-4 0.00000000 0.83843945 994.13116105 0.99413116 0.83843945 B-5 0.00000000 0.83843594 994.13114809 0.99413115 0.83843594 B-6 0.00000000 0.83844375 994.13116015 0.99413116 0.83844375 (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-1 389,522,000.00 4.90565% 252,744,519.56 1,033,229.03 0.00 0.00 A-R 100.00 4.89736% 0.00 0.00 0.00 0.00 B-1 5,805,000.00 4.90565% 5,775,798.50 23,611.68 0.00 0.00 B-2 2,002,000.00 4.90565% 1,991,929.13 8,143.08 0.00 0.00 B-3 1,000,000.00 4.90565% 994,969.60 4,067.47 0.00 0.00 B-4 801,000.00 4.90565% 796,970.65 3,258.05 0.00 0.00 B-5 601,000.00 4.90565% 597,976.73 2,444.55 0.00 0.00 B-6 600,624.67 4.90565% 597,603.28 2,443.02 0.00 0.00 Totals 400,331,724.67 1,077,196.88 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 0.00 0.00 1,033,229.03 0.00 226,864,917.71 A-R 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 23,611.68 0.00 5,770,931.36 B-2 0.00 0.00 8,143.08 0.00 1,990,250.57 B-3 0.00 0.00 4,067.47 0.00 994,131.16 B-4 0.00 0.00 3,258.05 0.00 796,299.06 B-5 0.00 0.00 2,444.55 0.00 597,472.82 B-6 0.00 0.00 2,443.02 0.00 597,099.70 Totals 0.00 0.00 1,077,196.88 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-1 389,522,000.00 4.90565% 648.85813782 2.65255629 0.00000000 0.00000000 A-R 100.00 4.89736% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 5,805,000.00 4.90565% 994.96959518 4.06747287 0.00000000 0.00000000 B-2 2,002,000.00 4.90565% 994.96959540 4.06747253 0.00000000 0.00000000 B-3 1,000,000.00 4.90565% 994.96960000 4.06747000 0.00000000 0.00000000 B-4 801,000.00 4.90565% 994.96960050 4.06747815 0.00000000 0.00000000 B-5 601,000.00 4.90565% 994.96960067 4.06747088 0.00000000 0.00000000 B-6 600,624.67 4.90565% 994.96958725 4.06746529 0.00000000 0.00000000 (5) All classes are per $1000 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 0.00000000 0.00000000 2.65255629 0.00000000 582.41875352 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 4.06747287 0.00000000 994.13115590 B-2 0.00000000 0.00000000 4.06747253 0.00000000 994.13115385 B-3 0.00000000 0.00000000 4.06747000 0.00000000 994.13116000 B-4 0.00000000 0.00000000 4.06747815 0.00000000 994.13116105 B-5 0.00000000 0.00000000 4.06747088 0.00000000 994.13114809 B-6 0.00000000 0.00000000 4.06746529 0.00000000 994.13116015 (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 27,184,993.82 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 27,184,993.82 Withdrawals Reimbursement for Servicer Advances 79,767.65 Payment of Service Fee 69,274.17 Payment of Interest and Principal 26,965,861.96 Total Withdrawals (Pool Distribution Amount) 27,114,903.78 Ending Balance 70,090.04
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 15,265.22 Servicing Fee Support 15,265.22 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES Gross Servicing Fee 82,343.56 Master Servicing Fee 2,195.83 Supported Prepayment/Curtailment Interest Shortfall 15,265.22 Net Servicing Fee 69,274.17
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 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 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 0.000000% 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 53,536.14
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 10,809,624.67 2.70016689% 10,746,184.67 4.52259367% 95.477406% 100.000000% Class B-1 5,004,624.67 1.25011943% 4,975,253.31 2.09386399% 2.428730% 0.000000% Class B-2 3,002,624.67 0.75003416% 2,985,002.74 1.25625558% 0.837608% 0.000000% Class B-3 2,002,624.67 0.50024131% 1,990,871.58 0.83786976% 0.418386% 0.000000% Class B-4 1,201,624.67 0.30015724% 1,194,572.52 0.50274272% 0.335127% 0.000000% Class B-5 600,624.67 0.15003174% 597,099.70 0.25129285% 0.251450% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.251293% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description 5/1 CMT ARM Weighted Average Gross Coupon 5.290652% Weighted Average Net Coupon 4.905652% Weighted Average Pass-Through Rate 4.905652% Weighted Average Maturity(Stepdown Calculation ) 351 Beginning Scheduled Collateral Loan Count 589 Number Of Loans Paid In Full 54 Ending Scheduled Collateral Loan Count 535 Beginning Scheduled Collateral Balance 263,499,767.44 Ending Scheduled Collateral Balance 237,611,102.37 Ending Actual Collateral Balance at 31-Aug-2003 227,184,542.14 Monthly P &I Constant 1,406,482.44 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 26,912,830.88 Ending Scheduled Balance for Premium Loans 237,611,102.37 Scheduled Principal 222,045.62 Unscheduled Principal 25,666,619.45 Unpaid Principal Balance Of Outstanding Mortgage Loans With Or Less Than Or Equal To 80% 232,183,541.40 Greater Than 80%, less than or equal to 85% 777,807.83 Greater than 85%, less than or equal to 95% 4,631,094.75 Greater than 95% 0.00
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