-----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, EHrvXUiqJX+xX0iwaTpcCP1mg6CHG+YzTpI/zLuoM5Xf+5c02+NZh/BoDu0TDbLB NkLlxhJEv/cwK2thd6amIQ== 0001056404-03-002140.txt : 20031110 0001056404-03-002140.hdr.sgml : 20031110 20031110105003 ACCESSION NUMBER: 0001056404-03-002140 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031025 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MERRILL LYNCH MORT INV INC MRT PSS THR CERT MLMI SER 2003-A1 CENTRAL INDEX KEY: 0001220307 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-101760-01 FILM NUMBER: 03987018 BUSINESS ADDRESS: STREET 1: 4LD FINANCIAL CENTER FLOOR 10 CITY: NEW YORK STATE: NY ZIP: 10281-1310 8-K 1 mlm03a01.txt OCTOBER 8K 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): October 27, 2003 MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2003-A01 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-101760-01 54-2120400 Pooling and Servicing Agreement) (Commission 54-2120401 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 October 27, 2003 a distribution was made to holders of MERRILL LYNCH MORTGAGE INVESTORS, INC., Mortgage Pass-Through Certificates, Series 2003-A01 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-A01 Trust, relating to the October 27, 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. MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2003-A01 Trust By: Wells Fargo Bank Minnesota, N.A. as Master Servicer By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 11/5/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-A01 Trust, relating to the October 27, 2003 distribution. EX-99.1
Merrill Lynch Mortgage Loans, Inc. Mortgage Pass-Through Certificates Record Date: 9/30/03 Distribution Date: 10/27/03 MLM Series: 2003-A01 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 I-A 589929D62 SEN 3.98100% 57,702,543.41 191,428.19 3,380,396.67 I-A-IO 589929D70 SEN 0.59790% 0.00 28,750.33 0.00 II-A 589929D88 SEN 4.52600% 53,028,436.66 200,005.59 2,431,542.69 II-A-IO 589929D96 SEN 0.55928% 0.00 24,714.71 0.00 III-A 589929F37 SEN 4.91000% 64,888,392.56 265,501.67 5,698,965.18 III-A-1 589929E20 SEN 1.72700% 0.00 0.00 0.00 III-A-2 589929E38 SEN 4.12700% 45,268,086.80 155,684.49 7,508,609.05 III-A-3 589929E46 SEN 4.86300% 22,740,000.00 92,153.85 0.00 III-A-4 589929E53 SEN 4.97700% 17,484,903.00 72,518.63 0.00 III-A-IO 589929E61 SEN 0.36952% 0.00 19,981.38 0.00 IV-A-IO 589929E79 SEN 0.78292% 0.00 55,778.09 0.00 M-1 589929E87 SUB 5.05536% 5,958,180.31 25,100.63 3,248.93 M-2 589929E95 SUB 5.05536% 2,553,504.43 10,757.41 1,392.40 M-3 589929F29 SUB 5.05536% 1,489,544.83 6,275.16 812.23 B-1 589929F45 SUB 5.05536% 851,166.48 3,585.80 464.13 B-2 589929F52 SUB 5.05536% 638,375.36 2,689.35 348.10 B-3 589929F60 SUB 5.05536% 851,179.22 3,585.85 464.14 R-I 589929XXX SEN 0.00000% 0.00 0.00 0.00 R-II 589929XXX SEN 0.00000% 0.00 0.00 0.00 Totals 273,454,313.06 1,158,511.13 19,026,243.52
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 54,322,146.74 3,571,824.86 0.00 I-A-IO 0.00 0.00 28,750.33 0.00 II-A 0.00 50,596,893.97 2,631,548.28 0.00 II-A-IO 0.00 0.00 24,714.71 0.00 III-A 0.00 59,189,427.39 5,964,466.85 0.00 III-A-1 0.00 0.00 0.00 0.00 III-A-2 0.00 37,759,477.74 7,664,293.54 0.00 III-A-3 0.00 22,740,000.00 92,153.85 0.00 III-A-4 0.00 17,484,903.00 72,518.63 0.00 III-A-IO 0.00 0.00 19,981.38 0.00 IV-A-IO 0.00 0.00 55,778.09 0.00 M-1 0.00 5,954,931.38 28,349.56 0.00 M-2 0.00 2,552,112.03 12,149.81 0.00 M-3 0.00 1,488,732.60 7,087.39 0.00 B-1 0.00 850,702.35 4,049.93 0.00 B-2 0.00 638,027.26 3,037.45 0.00 B-3 0.00 850,715.08 4,049.99 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 Totals 0.00 254,428,069.54 20,184,754.65 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) I-A 114,035,451.00 57,702,543.41 66,869.51 3,313,527.16 0.00 0.00 I-A-IO 0.00 0.00 0.00 0.00 0.00 0.00 II-A 69,313,310.00 53,028,436.66 6,102.57 2,425,440.12 0.00 0.00 II-A-IO 0.00 0.00 0.00 0.00 0.00 0.00 III-A 100,000,000.00 64,888,392.56 24,271.51 5,674,693.67 0.00 0.00 III-A-1 44,669,000.00 0.00 0.00 0.00 0.00 0.00 III-A-2 46,860,000.00 45,268,086.80 31,978.66 7,476,630.39 0.00 0.00 III-A-3 22,740,000.00 22,740,000.00 0.00 0.00 0.00 0.00 III-A-4 17,484,903.00 17,484,903.00 0.00 0.00 0.00 0.00 III-A-IO 0.00 0.00 0.00 0.00 0.00 0.00 IV-A-IO 0.00 0.00 0.00 0.00 0.00 0.00 M-1 5,985,001.00 5,958,180.31 3,248.93 0.00 0.00 0.00 M-2 2,564,999.00 2,553,504.43 1,392.40 0.00 0.00 0.00 M-3 1,496,250.00 1,489,544.83 812.23 0.00 0.00 0.00 B-1 854,998.00 851,166.48 464.13 0.00 0.00 0.00 B-2 641,249.00 638,375.36 348.10 0.00 0.00 0.00 B-3 855,010.79 851,179.22 464.14 0.00 0.00 0.00 R-I 0.00 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 0.00 Totals 427,500,171.79 273,454,313.06 135,952.18 18,890,291.34 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution I-A 3,380,396.67 54,322,146.74 0.47636192 3,380,396.67 I-A-IO 0.00 0.00 0.00000000 0.00 II-A 2,431,542.69 50,596,893.97 0.72997371 2,431,542.69 II-A-IO 0.00 0.00 0.00000000 0.00 III-A 5,698,965.18 59,189,427.39 0.59189427 5,698,965.18 III-A-1 0.00 0.00 0.00000000 0.00 III-A-2 7,508,609.05 37,759,477.74 0.80579338 7,508,609.05 III-A-3 0.00 22,740,000.00 1.00000000 0.00 III-A-4 0.00 17,484,903.00 1.00000000 0.00 III-A-IO 0.00 0.00 0.00000000 0.00 IV-A-IO 0.00 0.00 0.00000000 0.00 M-1 3,248.93 5,954,931.38 0.99497584 3,248.93 M-2 1,392.40 2,552,112.03 0.99497584 1,392.40 M-3 812.23 1,488,732.60 0.99497584 812.23 B-1 464.13 850,702.35 0.99497584 464.13 B-2 348.10 638,027.26 0.99497584 348.10 B-3 464.14 850,715.08 0.99497584 464.14 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 Totals 19,026,243.52 254,428,069.54 0.59515314 19,026,243.52
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 114,035,451.00 506.00530716 0.58639230 29.05699176 0.00000000 I-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A 69,313,310.00 765.05416723 0.08804326 34.99241517 0.00000000 II-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A 100,000,000.00 648.88392560 0.24271510 56.74693670 0.00000000 III-A-1 44,669,000.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A-2 46,860,000.00 966.02831413 0.68242979 159.55250512 0.00000000 III-A-3 22,740,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-4 17,484,903.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 IV-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M-1 5,985,001.00 995.51868245 0.54284536 0.00000000 0.00000000 M-2 2,564,999.00 995.51868441 0.54284622 0.00000000 0.00000000 M-3 1,496,250.00 995.51868338 0.54284378 0.00000000 0.00000000 B-1 854,998.00 995.51867958 0.54284338 0.00000000 0.00000000 B-2 641,249.00 995.51868307 0.54284685 0.00000000 0.00000000 B-3 855,010.79 995.51868813 0.54284695 0.00000000 0.00000000 R-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 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 I-A 0.00000000 29.64338406 476.36192310 0.47636192 29.64338406 I-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A 0.00000000 35.08045843 729.97370880 0.72997371 35.08045843 II-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A 0.00000000 56.98965180 591.89427390 0.59189427 56.98965180 III-A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A-2 0.00000000 160.23493491 805.79337900 0.80579338 160.23493491 III-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 IV-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M-1 0.00000000 0.54284536 994.97583710 0.99497584 0.54284536 M-2 0.00000000 0.54284622 994.97583820 0.99497584 0.54284622 M-3 0.00000000 0.54284378 994.97583960 0.99497584 0.54284378 B-1 0.00000000 0.54284338 994.97583620 0.99497584 0.54284338 B-2 0.00000000 0.54284685 994.97583622 0.99497584 0.54284685 B-3 0.00000000 0.54284695 994.97584118 0.99497584 0.54284695 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 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 I-A 114,035,451.00 3.98100% 57,702,543.41 191,428.19 0.00 0.00 I-A-IO 0.00 0.59790% 57,702,543.41 28,750.33 0.00 0.00 II-A 69,313,310.00 4.52600% 53,028,436.66 200,005.59 0.00 0.00 II-A-IO 0.00 0.55928% 53,028,436.66 24,714.71 0.00 0.00 III-A 100,000,000.00 4.91000% 64,888,392.56 265,501.67 0.00 0.00 III-A-1 44,669,000.00 1.72700% 0.00 0.00 0.00 0.00 III-A-2 46,860,000.00 4.12700% 45,268,086.80 155,684.50 0.00 0.00 III-A-3 22,740,000.00 4.86300% 22,740,000.00 92,153.85 0.00 0.00 III-A-4 17,484,903.00 4.97700% 17,484,903.00 72,518.64 0.00 0.00 III-A-IO 0.00 0.36952% 64,888,392.56 19,981.38 0.00 0.00 IV-A-IO 0.00 0.78292% 85,492,989.80 55,778.09 0.00 0.00 M-1 5,985,001.00 5.05536% 5,958,180.31 25,100.63 0.00 0.00 M-2 2,564,999.00 5.05536% 2,553,504.43 10,757.41 0.00 0.00 M-3 1,496,250.00 5.05536% 1,489,544.83 6,275.16 0.00 0.00 B-1 854,998.00 5.05536% 851,166.48 3,585.80 0.00 0.00 B-2 641,249.00 5.05536% 638,375.36 2,689.35 0.00 0.00 B-3 855,010.79 5.05536% 851,179.22 3,585.85 0.00 0.00 R-I 0.00 0.00000% 0.00 0.00 0.00 0.00 R-II 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 427,500,171.79 1,158,511.15 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance I-A 0.00 0.00 191,428.19 0.00 54,322,146.74 I-A-IO 0.00 0.00 28,750.33 0.00 54,322,146.74 II-A 0.00 0.00 200,005.59 0.00 50,596,893.97 II-A-IO 0.00 0.00 24,714.71 0.00 50,596,893.97 III-A 0.00 0.00 265,501.67 0.00 59,189,427.39 III-A-1 0.00 0.00 0.00 0.00 0.00 III-A-2 0.00 0.00 155,684.49 0.00 37,759,477.74 III-A-3 0.00 0.00 92,153.85 0.00 22,740,000.00 III-A-4 0.00 0.00 72,518.63 0.00 17,484,903.00 III-A-IO 0.00 0.00 19,981.38 0.00 59,189,427.39 IV-A-IO 0.00 0.00 55,778.09 0.00 77,984,380.74 M-1 0.00 0.00 25,100.63 0.00 5,954,931.38 M-2 0.00 0.00 10,757.41 0.00 2,552,112.03 M-3 0.00 0.00 6,275.16 0.00 1,488,732.60 B-1 0.00 0.00 3,585.80 0.00 850,702.35 B-2 0.00 0.00 2,689.35 0.00 638,027.26 B-3 0.00 0.00 3,585.85 0.00 850,715.08 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1,158,511.13 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall I-A 114,035,451.00 3.98100% 506.00530716 1.67867263 0.00000000 0.00000000 I-A-IO 0.00 0.59790% 506.00530716 0.25211748 0.00000000 0.00000000 II-A 69,313,310.00 4.52600% 765.05416723 2.88552934 0.00000000 0.00000000 II-A-IO 0.00 0.55928% 765.05416723 0.35656514 0.00000000 0.00000000 III-A 100,000,000.00 4.91000% 648.88392560 2.65501670 0.00000000 0.00000000 III-A-1 44,669,000.00 1.72700% 0.00000000 0.00000000 0.00000000 0.00000000 III-A-2 46,860,000.00 4.12700% 966.02831413 3.32233248 0.00000000 0.00000000 III-A-3 22,740,000.00 4.86300% 1000.00000000 4.05250000 0.00000000 0.00000000 III-A-4 17,484,903.00 4.97700% 1000.00000000 4.14750027 0.00000000 0.00000000 III-A-IO 0.00 0.36952% 648.88392560 0.19981380 0.00000000 0.00000000 IV-A-IO 0.00 0.78292% 648.88392566 0.42335057 0.00000000 0.00000000 M-1 5,985,001.00 5.05536% 995.51868245 4.19392244 0.00000000 0.00000000 M-2 2,564,999.00 5.05536% 995.51868441 4.19392366 0.00000000 0.00000000 M-3 1,496,250.00 5.05536% 995.51868338 4.19392481 0.00000000 0.00000000 B-1 854,998.00 5.05536% 995.51867958 4.19392794 0.00000000 0.00000000 B-2 641,249.00 5.05536% 995.51868307 4.19392467 0.00000000 0.00000000 B-3 855,010.79 5.05536% 995.51868813 4.19392368 0.00000000 0.00000000 R-I 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000% 0.00000000 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 I-A 0.00000000 0.00000000 1.67867263 0.00000000 476.36192310 I-A-IO 0.00000000 0.00000000 0.25211748 0.00000000 476.36192310 II-A 0.00000000 0.00000000 2.88552934 0.00000000 729.97370880 II-A-IO 0.00000000 0.00000000 0.35656514 0.00000000 729.97370880 III-A 0.00000000 0.00000000 2.65501670 0.00000000 591.89427390 III-A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A-2 0.00000000 0.00000000 3.32233227 0.00000000 805.79337900 III-A-3 0.00000000 0.00000000 4.05250000 0.00000000 1000.00000000 III-A-4 0.00000000 0.00000000 4.14749970 0.00000000 1000.00000000 III-A-IO 0.00000000 0.00000000 0.19981380 0.00000000 591.89427390 IV-A-IO 0.00000000 0.00000000 0.42335057 0.00000000 591.89427383 M-1 0.00000000 0.00000000 4.19392244 0.00000000 994.97583710 M-2 0.00000000 0.00000000 4.19392366 0.00000000 994.97583820 M-3 0.00000000 0.00000000 4.19392481 0.00000000 994.97583960 B-1 0.00000000 0.00000000 4.19392794 0.00000000 994.97583620 B-2 0.00000000 0.00000000 4.19392467 0.00000000 994.97583622 B-3 0.00000000 0.00000000 4.19392368 0.00000000 994.97584118 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 20,248,014.79 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 7,210.98 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 20,255,225.77 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 70,471.12 Payment of Interest and Principal 20,184,754.65 Total Withdrawals (Pool Distribution Amount) 20,255,225.77 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 70,471.12 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 70,471.12
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 2 0 0 0 2 1,011,900.00 0.00 0.00 0.00 1,011,900.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 1 0 1 0.00 0.00 485,642.24 0.00 485,642.24 Totals 2 0 1 0 3 1,011,900.00 0.00 485,642.24 0.00 1,497,542.24 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 0.311526% 0.000000% 0.000000% 0.000000% 0.311526% 0.397547% 0.000000% 0.000000% 0.000000% 0.397547% 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% 0.155763% 0.000000% 0.155763% 0.000000% 0.000000% 0.190795% 0.000000% 0.190795% Totals 0.311526% 0.000000% 0.155763% 0.000000% 0.467290% 0.397547% 0.000000% 0.190795% 0.000000% 0.588342%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 2 0 0 0 2 1,011,900.00 0.00 0.00 0.00 1,011,900.00 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 2 0 0 0 2 1,011,900.00 0.00 0.00 0.00 1,011,900.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.388889% 0.000000% 0.000000% 0.000000% 1.388889% 1.921254% 0.000000% 0.000000% 0.000000% 1.921254% 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 1.388889% 0.000000% 0.000000% 0.000000% 1.388889% 1.921254% 0.000000% 0.000000% 0.000000% 1.921254% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 1 0 1 0.00 0.00 485,642.24 0.00 485,642.24 Totals 0 0 1 0 1 0.00 0.00 485,642.24 0.00 485,642.24 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% 0.293255% 0.000000% 0.293255% 0.000000% 0.000000% 0.336981% 0.000000% 0.336981% Totals 0.000000% 0.000000% 0.293255% 0.000000% 0.293255% 0.000000% 0.000000% 0.336981% 0.000000% 0.336981%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 7,210.98
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 313,464,720.79 73.32505142% 200,105,922.80 78.64931065% 21.350689% 0.000000% Class 2A 244,151,410.79 57.11141817% 149,509,028.83 58.76278867% 19.886522% 410.182316% Class 3A 144,151,410.79 33.71961470% 90,319,601.44 35.49907115% 23.263718% 479.840846% Class R-I 12,397,507.79 2.90000066% 12,335,220.70 4.84821534% 0.000000% 0.000000% Class R-II 12,397,507.79 2.90000066% 12,335,220.70 4.84821534% 0.000000% 0.000000% Class M-1 6,412,506.79 1.50000099% 6,380,289.32 2.50769867% 2.340517% 48.275840% Class M-2 3,847,507.79 0.90000146% 3,828,177.29 1.50462066% 1.003078% 20.689634% Class M-3 2,351,257.79 0.55000160% 2,339,444.69 0.91949159% 0.585129% 12.068958% Class B-1 1,496,259.79 0.35000215% 1,488,742.34 0.58513290% 0.334359% 6.896531% Class B-2 855,010.79 0.20000244% 850,715.08 0.33436369% 0.250769% 5.172402% Class B-3 0.00 0.00000000% 0.00 0.00000000% 0.334364% 6.896634% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.02339180% 100,000.00 0.03930384% Fraud 8,550,003.44 2.00000000% 8,550,003.44 3.36047963% Special Hazard 4,275,002.00 1.00000007% 4,275,002.00 1.68023992% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.393144% Weighted Average Net Coupon 5.083896% Weighted Average Pass-Through Rate 5.083896% Weighted Average Maturity(Stepdown Calculation ) 349 Beginning Scheduled Collateral Loan Count 684 Number Of Loans Paid In Full 42 Ending Scheduled Collateral Loan Count 642 Beginning Scheduled Collateral Balance 273,454,313.06 Ending Scheduled Collateral Balance 254,428,069.54 Ending Actual Collateral Balance at 30-Sep-2003 254,536,110.28 Monthly P &I Constant 1,364,934.29 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 20,126,030.53 Ending Scheduled Balance for Premium Loans 254,428,069.54 Scheduled Principal 135,952.18 Unscheduled Principal 18,890,291.34
Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.828901 5.358576 5.624371 Weighted Average Net Rate 4.578901 5.085278 5.279522 Weighted Average Maturity 349 348 347 Beginning Loan Count 165 149 370 Loans Paid In Full 8 5 29 Ending Loan Count 157 144 341 Beginning Scheduled Balance 61,077,890.88 55,096,652.95 157,279,769.23 Ending scheduled Balance 57,693,582.63 52,664,872.25 144,069,614.66 Record Date 09/30/2003 09/30/2003 09/30/2003 Principal And Interest Constant 316,563.65 252,373.59 795,997.05 Scheduled Principal 70,781.09 6,340.58 58,830.51 Unscheduled Principal 3,313,527.16 2,425,440.12 13,151,324.06 Scheduled Interest 245,782.56 246,033.01 737,166.54 Servicing Fees 12,724.57 12,548.17 45,198.25 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 233,057.99 233,484.84 691,968.29 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.578901 5.085278 5.279522
Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 5.393144 Weighted Average Net Rate 5.083896 Weighted Average Maturity 349 Beginning Loan Count 684 Loans Paid In Full 42 Ending Loan Count 642 Beginning Scheduled Balance 273,454,313.06 Ending scheduled Balance 254,428,069.54 Record Date 09/30/2003 Principal And Interest Constant 1,364,934.29 Scheduled Principal 135,952.18 Unscheduled Principal 18,890,291.34 Scheduled Interest 1,228,982.11 Servicing Fees 70,470.99 Master Servicing Fees 0.00 Trustee Fee 0.00 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 1,158,511.12 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.00 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 5.083896
Miscellaneous Reporting Group 1 Available Funds 3,617,366.24 Group 2 Available Funds 2,665,265.55 Group 3 Available Funds 13,902,122.85
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