-----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, Fy0X9brFospVRaZpoJDoM+QDfK/ckS2ZzMslss76wXMm9sKvDYkAjjIyy4eRvuUZ 4UKGqKQaOBGHuJffe7Ir/Q== 0001056404-03-001428.txt : 20030811 0001056404-03-001428.hdr.sgml : 20030811 20030808184506 ACCESSION NUMBER: 0001056404-03-001428 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: WELLS FARGO MORTGAGE BACKED SECURITIES 2003-1 TRUST CENTRAL INDEX KEY: 0001220665 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: 333-98129-13 FILM NUMBER: 03832924 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 8-K 1 wfm03001.txt JULY 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): July 25, 2003 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-98129-13 02-0687014 Pooling and Servicing Agreement) (Commission 02-0687009 (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 WELLS FARGO ASSET SECURITIES CORPORATION, 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-1 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: 7/28/03 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
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 6/30/03 Distribution Date: 7/25/03 WFMBS Series: 2003-1 Contact: Customer Service - SecuritiesLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 846-8130 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-P 94980HBD0 PO 0.00000% 620,217.53 0.00 7,719.69 I-A-1 94980HAA7 SEQ 4.50000% 32,840,959.39 123,120.66 3,106,764.89 I-A-2 94980HAB5 SEQ 4.50000% 821,023.98 3,078.02 77,669.12 I-A-3 94980HAC3 SEQ 4.75000% 8,210,239.85 32,491.51 776,691.22 I-A-4 94980HAD1 SEQ 5.00000% 85,091,746.81 354,468.70 8,049,705.49 I-A-5 94980HAE9 SEQ 5.25000% 75,534,206.61 330,387.36 7,145,559.24 I-A-6 94980HAF6 SEQ 4.50000% 81,783,343.84 306,618.13 10,075,189.69 I-A-7 94980HAG4 SEQ 5.00000% 39,817,473.40 165,868.59 4,905,260.39 I-A-8 94980HAH2 SEQ 8.50000% 33,897,359.40 240,051.96 4,175,939.87 I-A-9 94980HAJ8 SEQ 5.50000% 22,000,000.00 100,810.51 0.00 I-A-10 94980HAK5 SEQ 5.50000% 25,000,000.00 114,557.40 0.00 A-R 94980HAL3 RES 5.25000% 0.00 0.00 0.00 A-LR 94980HAM1 RES 5.25000% 0.00 0.00 0.00 I-B-1 94980HAX7 SUB 5.25000% 3,453,453.43 15,105.40 11,743.26 I-B-2 94980HAY5 SUB 5.25000% 987,123.61 4,317.68 3,356.65 I-B-3 94980HAZ2 SUB 5.25000% 739,603.11 3,235.02 2,514.98 I-B-4 94980HBE8 SUB 5.25000% 493,068.74 2,156.68 1,676.65 I-B-5 94980HBF5 SUB 5.25000% 246,534.37 1,078.34 838.33 I-B-6 94980HBG3 SUB 5.25000% 493,565.47 2,158.85 1,677.83 II-A-1 94980HAN9 SEQ 5.00000% 158,986,353.91 662,401.23 29,357,803.80 II-A-2 94980HAP4 SEQ 5.75000% 18,959,629.68 90,842.48 3,501,011.72 II-A-3 94980HAQ2 SEQ 8.50000% 7,583,851.87 53,715.55 1,400,404.69 II-A-4 94980HAR0 SEQ 1.53500% 35,776,062.83 45,760.65 6,606,269.07 II-A-5 94980HAS8 SEQ 6.96500% 0.00 207,637.09 0.00 II-A-6 94980HAT6 SEQ 5.75000% 17,106,635.54 81,964.11 99,523.16 II-A-7 94980HAU3 SEQ 5.75000% 20,345,000.00 97,480.29 0.00 II-A-8 94980HAV1 SEQ 5.75000% 20,771,364.46 99,523.16 (99,523.16) II-A-9 94980HAW9 SEQ 5.75000% 40,000,000.00 191,654.54 0.00 II-B-1 94980HBA6 SUB 5.75000% 6,776,157.17 32,467.03 6,034.51 II-B-2 94980HBB4 SUB 5.75000% 1,195,440.84 5,727.79 1,064.60 II-B-3 94980HBC2 SUB 5.75000% 399,476.48 1,914.04 355.75 II-B-4 94980HBH1 SUB 5.75000% 398,480.28 1,909.26 354.87 II-B-5 94980HBJ7 SUB 5.75000% 597,720.42 2,863.90 532.30 II-B-6 94980HBK4 SUB 5.75000% 598,457.91 2,867.43 532.92 Totals 741,524,550.93 3,378,233.36 79,216,671.53
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-P 0.00 612,497.84 7,719.69 0.00 I-A-1 0.00 29,734,194.51 3,229,885.55 0.00 I-A-2 0.00 743,354.86 80,747.14 0.00 I-A-3 0.00 7,433,548.63 809,182.73 0.00 I-A-4 0.00 77,042,041.33 8,404,174.19 0.00 I-A-5 0.00 68,388,647.37 7,475,946.60 0.00 I-A-6 0.00 71,708,154.15 10,381,807.82 0.00 I-A-7 0.00 34,912,213.01 5,071,128.98 0.00 I-A-8 0.00 29,721,419.54 4,415,991.83 0.00 I-A-9 0.00 22,000,000.00 100,810.51 0.00 I-A-10 0.00 25,000,000.00 114,557.40 0.00 A-R 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 I-B-1 0.00 3,441,710.18 26,848.66 0.00 I-B-2 0.00 983,766.96 7,674.33 0.00 I-B-3 0.00 737,088.13 5,750.00 0.00 I-B-4 0.00 491,392.09 3,833.33 0.00 I-B-5 0.00 245,696.04 1,916.67 0.00 I-B-6 0.51 491,887.13 3,836.68 1.69 II-A-1 0.00 129,628,550.11 30,020,205.03 0.00 II-A-2 0.00 15,458,617.96 3,591,854.20 0.00 II-A-3 0.00 6,183,447.19 1,454,120.24 0.00 II-A-4 0.00 29,169,793.75 6,652,029.72 0.00 II-A-5 0.00 0.00 207,637.09 0.00 II-A-6 0.00 17,007,112.38 181,487.27 0.00 II-A-7 0.00 20,345,000.00 97,480.29 0.00 II-A-8 0.00 20,870,887.62 0.00 0.00 II-A-9 0.00 40,000,000.00 191,654.54 0.00 II-B-1 0.00 6,770,122.66 38,501.54 0.00 II-B-2 0.00 1,194,376.24 6,792.39 0.00 II-B-3 0.00 399,120.73 2,269.79 0.00 II-B-4 0.00 398,125.41 2,264.13 0.00 II-B-5 0.00 597,188.12 3,396.20 0.00 II-B-6 0.03 597,924.95 3,400.35 0.20 Totals 0.54 662,307,878.89 82,594,904.89 1.89 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-P 632,910.08 620,217.53 2,050.63 5,669.06 0.00 0.00 I-A-1 40,000,000.00 32,840,959.39 111,673.69 2,995,091.19 0.00 0.00 I-A-2 1,000,000.00 821,023.98 2,791.84 74,877.28 0.00 0.00 I-A-3 10,000,000.00 8,210,239.85 27,918.42 748,772.80 0.00 0.00 I-A-4 103,641,000.00 85,091,746.81 289,349.33 7,760,356.16 0.00 0.00 I-A-5 92,000,000.00 75,534,206.61 256,849.49 6,888,709.74 0.00 0.00 I-A-6 105,000,000.00 81,783,343.84 362,156.03 9,713,033.66 0.00 0.00 I-A-7 51,120,858.00 39,817,473.40 176,321.21 4,728,939.19 0.00 0.00 I-A-8 43,520,142.00 33,897,359.40 150,105.54 4,025,834.33 0.00 0.00 I-A-9 22,000,000.00 22,000,000.00 0.00 0.00 0.00 0.00 I-A-10 25,000,000.00 25,000,000.00 0.00 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 I-B-1 3,502,000.00 3,453,453.43 11,743.26 0.00 0.00 0.00 I-B-2 1,001,000.00 987,123.61 3,356.65 0.00 0.00 0.00 I-B-3 750,000.00 739,603.11 2,514.98 0.00 0.00 0.00 I-B-4 500,000.00 493,068.74 1,676.65 0.00 0.00 0.00 I-B-5 250,000.00 246,534.37 838.33 0.00 0.00 0.00 I-B-6 500,503.71 493,565.47 1,677.83 0.00 0.00 0.51 II-A-1 209,638,000.00 158,986,353.91 204,425.88 29,153,377.91 0.00 0.00 II-A-2 25,000,000.00 18,959,629.68 24,378.44 3,476,633.28 0.00 0.00 II-A-3 10,000,000.00 7,583,851.87 9,751.38 1,390,653.31 0.00 0.00 II-A-4 47,174,000.00 35,776,062.83 46,001.14 6,560,267.94 0.00 0.00 II-A-5 0.00 0.00 0.00 0.00 0.00 0.00 II-A-6 17,500,000.00 17,106,635.54 693.01 98,830.15 0.00 0.00 II-A-7 20,345,000.00 20,345,000.00 0.00 0.00 0.00 0.00 II-A-8 20,378,000.00 20,771,364.46 0.00 0.00 (99,523.16) 0.00 II-A-9 40,000,000.00 40,000,000.00 0.00 0.00 0.00 0.00 II-B-1 6,802,000.00 6,776,157.17 6,034.51 0.00 0.00 0.00 II-B-2 1,200,000.00 1,195,440.84 1,064.60 0.00 0.00 0.00 II-B-3 401,000.00 399,476.48 355.75 0.00 0.00 0.00 II-B-4 400,000.00 398,480.28 354.87 0.00 0.00 0.00 II-B-5 600,000.00 597,720.42 532.30 0.00 0.00 0.00 II-B-6 600,740.29 598,457.91 532.92 0.00 0.00 0.03 Totals 900,457,254.08 741,524,550.93 1,695,148.68 77,621,046.00 (99,523.16) 0.54 (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-P 7,719.69 612,497.84 0.96774859 7,719.69 I-A-1 3,106,764.89 29,734,194.51 0.74335486 3,106,764.89 I-A-2 77,669.12 743,354.86 0.74335486 77,669.12 I-A-3 776,691.22 7,433,548.63 0.74335486 776,691.22 I-A-4 8,049,705.49 77,042,041.33 0.74335486 8,049,705.49 I-A-5 7,145,559.24 68,388,647.37 0.74335486 7,145,559.24 I-A-6 10,075,189.69 71,708,154.15 0.68293480 10,075,189.69 I-A-7 4,905,260.39 34,912,213.01 0.68293480 4,905,260.39 I-A-8 4,175,939.87 29,721,419.54 0.68293480 4,175,939.87 I-A-9 0.00 22,000,000.00 1.00000000 0.00 I-A-10 0.00 25,000,000.00 1.00000000 0.00 A-R 0.00 0.00 0.00000000 0.00 A-LR 0.00 0.00 0.00000000 0.00 I-B-1 11,743.26 3,441,710.18 0.98278417 11,743.26 I-B-2 3,356.65 983,766.96 0.98278418 3,356.65 I-B-3 2,514.98 737,088.13 0.98278417 2,514.98 I-B-4 1,676.65 491,392.09 0.98278418 1,676.65 I-B-5 838.33 245,696.04 0.98278416 838.33 I-B-6 1,678.34 491,887.13 0.98278418 1,677.83 II-A-1 29,357,803.80 129,628,550.11 0.61834472 29,357,803.80 II-A-2 3,501,011.72 15,458,617.96 0.61834472 3,501,011.72 II-A-3 1,400,404.69 6,183,447.19 0.61834472 1,400,404.69 II-A-4 6,606,269.07 29,169,793.75 0.61834472 6,606,269.07 II-A-5 0.00 0.00 0.00000000 0.00 II-A-6 99,523.16 17,007,112.38 0.97183499 99,523.16 II-A-7 0.00 20,345,000.00 1.00000000 0.00 II-A-8 (99,523.16) 20,870,887.62 1.02418724 (99,523.16) II-A-9 0.00 40,000,000.00 1.00000000 0.00 II-B-1 6,034.51 6,770,122.66 0.99531353 6,034.51 II-B-2 1,064.60 1,194,376.24 0.99531353 1,064.60 II-B-3 355.75 399,120.73 0.99531354 355.75 II-B-4 354.87 398,125.41 0.99531352 354.87 II-B-5 532.30 597,188.12 0.99531353 532.30 II-B-6 532.95 597,924.95 0.99531355 532.92 Totals 79,216,672.07 662,307,878.89 0.73552395 79,216,671.53
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-P 632,910.08 979.94572942 3.24000212 8.95713337 0.00000000 I-A-1 40,000,000.00 821.02398475 2.79184225 74.87727975 0.00000000 I-A-2 1,000,000.00 821.02398000 2.79184000 74.87728000 0.00000000 I-A-3 10,000,000.00 821.02398500 2.79184200 74.87728000 0.00000000 I-A-4 103,641,000.00 821.02398481 2.79184232 74.87727984 0.00000000 I-A-5 92,000,000.00 821.02398489 2.79184228 74.87727978 0.00000000 I-A-6 105,000,000.00 778.88898895 3.44910505 92.50508248 0.00000000 I-A-7 51,120,858.00 778.88898891 3.44910506 92.50508256 0.00000000 I-A-8 43,520,142.00 778.88898892 3.44910501 92.50508259 0.00000000 I-A-9 22,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-10 25,000,000.00 1000.00000000 0.00000000 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 I-B-1 3,502,000.00 986.13747287 3.35330097 0.00000000 0.00000000 I-B-2 1,001,000.00 986.13747253 3.35329670 0.00000000 0.00000000 I-B-3 750,000.00 986.13748000 3.35330667 0.00000000 0.00000000 I-B-4 500,000.00 986.13748000 3.35330000 0.00000000 0.00000000 I-B-5 250,000.00 986.13748000 3.35332000 0.00000000 0.00000000 I-B-6 500,503.71 986.13748537 3.35228284 0.00000000 0.00000000 II-A-1 209,638,000.00 758.38518737 0.97513752 139.06533124 0.00000000 II-A-2 25,000,000.00 758.38518720 0.97513760 139.06533120 0.00000000 II-A-3 10,000,000.00 758.38518700 0.97513800 139.06533100 0.00000000 II-A-4 47,174,000.00 758.38518739 0.97513758 139.06533133 0.00000000 II-A-5 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-6 17,500,000.00 977.52203086 0.03960057 5.64743714 0.00000000 II-A-7 20,345,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-8 20,378,000.00 1019.30338895 0.00000000 0.00000000 (4.88385317) II-A-9 40,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-B-1 6,802,000.00 996.20070126 0.88716701 0.00000000 0.00000000 II-B-2 1,200,000.00 996.20070000 0.88716667 0.00000000 0.00000000 II-B-3 401,000.00 996.20069825 0.88715711 0.00000000 0.00000000 II-B-4 400,000.00 996.20070000 0.88717500 0.00000000 0.00000000 II-B-5 600,000.00 996.20070000 0.88716667 0.00000000 0.00000000 II-B-6 600,740.29 996.20072095 0.88710547 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-P 0.00000000 12.19713549 967.74859392 0.96774859 12.19713549 I-A-1 0.00000000 77.66912225 743.35486275 0.74335486 77.66912225 I-A-2 0.00000000 77.66912000 743.35486000 0.74335486 77.66912000 I-A-3 0.00000000 77.66912200 743.35486300 0.74335486 77.66912200 I-A-4 0.00000000 77.66912216 743.35486275 0.74335486 77.66912216 I-A-5 0.00000000 77.66912217 743.35486272 0.74335486 77.66912217 I-A-6 0.00000000 95.95418752 682.93480143 0.68293480 95.95418752 I-A-7 0.00000000 95.95418743 682.93480149 0.68293480 95.95418743 I-A-8 0.00000000 95.95418760 682.93480155 0.68293480 95.95418760 I-A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-B-1 0.00000000 3.35330097 982.78417476 0.98278417 3.35330097 I-B-2 0.00000000 3.35329670 982.78417582 0.98278418 3.35329670 I-B-3 0.00000000 3.35330667 982.78417333 0.98278417 3.35330667 I-B-4 0.00000000 3.35330000 982.78418000 0.98278418 3.35330000 I-B-5 0.00000000 3.35332000 982.78416000 0.98278416 3.35332000 I-B-6 0.00101897 3.35330182 982.78418356 0.98278418 3.35228284 II-A-1 0.00000000 140.04046881 618.34471856 0.61834472 140.04046881 II-A-2 0.00000000 140.04046880 618.34471840 0.61834472 140.04046880 II-A-3 0.00000000 140.04046900 618.34471900 0.61834472 140.04046900 II-A-4 0.00000000 140.04046869 618.34471849 0.61834472 140.04046869 II-A-5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-6 0.00000000 5.68703771 971.83499314 0.97183499 5.68703771 II-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-8 0.00000000 (4.88385317) 1,024.18724212 1.02418724 (4.88385317) II-A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-B-1 0.00000000 0.88716701 995.31353425 0.99531353 0.88716701 II-B-2 0.00000000 0.88716667 995.31353333 0.99531353 0.88716667 II-B-3 0.00000000 0.88715711 995.31354115 0.99531354 0.88715711 II-B-4 0.00000000 0.88717500 995.31352500 0.99531352 0.88717500 II-B-5 0.00000000 0.88716667 995.31353333 0.99531353 0.88716667 II-B-6 0.00004994 0.88715541 995.31354889 0.99531355 0.88710547 (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-P 632,910.08 0.00000% 620,217.53 0.00 0.00 0.00 I-A-1 40,000,000.00 4.50000% 32,840,959.39 123,153.60 0.00 0.00 I-A-2 1,000,000.00 4.50000% 821,023.98 3,078.84 0.00 0.00 I-A-3 10,000,000.00 4.75000% 8,210,239.85 32,498.87 0.00 0.00 I-A-4 103,641,000.00 5.00000% 85,091,746.81 354,548.95 0.00 0.00 I-A-5 92,000,000.00 5.25000% 75,534,206.61 330,462.15 0.00 0.00 I-A-6 105,000,000.00 4.50000% 81,783,343.84 306,687.54 0.00 0.00 I-A-7 51,120,858.00 5.00000% 39,817,473.40 165,906.14 0.00 0.00 I-A-8 43,520,142.00 8.50000% 33,897,359.40 240,106.30 0.00 0.00 I-A-9 22,000,000.00 5.50000% 22,000,000.00 100,833.33 0.00 0.00 I-A-10 25,000,000.00 5.50000% 25,000,000.00 114,583.33 0.00 0.00 A-R 50.00 5.25000% 0.00 0.00 0.00 0.00 A-LR 50.00 5.25000% 0.00 0.00 0.00 0.00 I-B-1 3,502,000.00 5.25000% 3,453,453.43 15,108.86 0.00 0.00 I-B-2 1,001,000.00 5.25000% 987,123.61 4,318.67 0.00 0.00 I-B-3 750,000.00 5.25000% 739,603.11 3,235.76 0.00 0.00 I-B-4 500,000.00 5.25000% 493,068.74 2,157.18 0.00 0.00 I-B-5 250,000.00 5.25000% 246,534.37 1,078.59 0.00 0.00 I-B-6 500,503.71 5.25000% 493,565.47 2,159.35 0.00 0.00 II-A-1 209,638,000.00 5.00000% 158,986,353.91 662,443.14 0.00 0.00 II-A-2 25,000,000.00 5.75000% 18,959,629.68 90,848.23 0.00 0.00 II-A-3 10,000,000.00 8.50000% 7,583,851.87 53,718.95 0.00 0.00 II-A-4 47,174,000.00 1.53500% 35,776,062.83 45,763.55 0.00 0.00 II-A-5 0.00 6.96500% 35,776,062.83 207,650.23 0.00 0.00 II-A-6 17,500,000.00 5.75000% 17,106,635.54 81,969.30 0.00 0.00 II-A-7 20,345,000.00 5.75000% 20,345,000.00 97,486.46 0.00 0.00 II-A-8 20,378,000.00 5.75000% 20,771,364.46 99,529.45 0.00 0.00 II-A-9 40,000,000.00 5.75000% 40,000,000.00 191,666.67 0.00 0.00 II-B-1 6,802,000.00 5.75000% 6,776,157.17 32,469.09 0.00 0.00 II-B-2 1,200,000.00 5.75000% 1,195,440.84 5,728.15 0.00 0.00 II-B-3 401,000.00 5.75000% 399,476.48 1,914.16 0.00 0.00 II-B-4 400,000.00 5.75000% 398,480.28 1,909.38 0.00 0.00 II-B-5 600,000.00 5.75000% 597,720.42 2,864.08 0.00 0.00 II-B-6 600,740.29 5.75000% 598,457.91 2,867.61 0.00 0.00 Totals 900,457,254.08 3,378,745.91 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-P 0.00 0.00 0.00 0.00 612,497.84 I-A-1 32.94 0.00 123,120.66 0.00 29,734,194.51 I-A-2 0.82 0.00 3,078.02 0.00 743,354.86 I-A-3 7.36 0.00 32,491.51 0.00 7,433,548.63 I-A-4 80.24 0.00 354,468.70 0.00 77,042,041.33 I-A-5 74.79 0.00 330,387.36 0.00 68,388,647.37 I-A-6 69.41 0.00 306,618.13 0.00 71,708,154.15 I-A-7 37.55 0.00 165,868.59 0.00 34,912,213.01 I-A-8 54.34 0.00 240,051.96 0.00 29,721,419.54 I-A-9 22.82 0.00 100,810.51 0.00 22,000,000.00 I-A-10 25.93 0.00 114,557.40 0.00 25,000,000.00 A-R 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 0.00 I-B-1 3.46 0.00 15,105.40 0.00 3,441,710.18 I-B-2 0.99 0.00 4,317.68 0.00 983,766.96 I-B-3 0.74 0.00 3,235.02 0.00 737,088.13 I-B-4 0.49 0.00 2,156.68 0.00 491,392.09 I-B-5 0.25 0.00 1,078.34 0.00 245,696.04 I-B-6 0.50 0.00 2,158.85 0.00 491,887.13 II-A-1 41.91 0.00 662,401.23 0.00 129,628,550.11 II-A-2 5.75 0.00 90,842.48 0.00 15,458,617.96 II-A-3 3.40 0.00 53,715.55 0.00 6,183,447.19 II-A-4 2.90 0.00 45,760.65 0.00 29,169,793.75 II-A-5 13.14 0.00 207,637.09 0.00 29,169,793.75 II-A-6 5.19 0.00 81,964.11 0.00 17,007,112.38 II-A-7 6.17 0.00 97,480.29 0.00 20,345,000.00 II-A-8 6.30 0.00 99,523.16 0.00 20,870,887.62 II-A-9 12.13 0.00 191,654.54 0.00 40,000,000.00 II-B-1 2.05 0.00 32,467.03 0.00 6,770,122.66 II-B-2 0.36 0.00 5,727.79 0.00 1,194,376.24 II-B-3 0.12 0.00 1,914.04 0.00 399,120.73 II-B-4 0.12 0.00 1,909.26 0.00 398,125.41 II-B-5 0.18 0.00 2,863.90 0.00 597,188.12 II-B-6 0.18 0.00 2,867.43 0.00 597,924.95 Totals 512.53 0.00 3,378,233.36 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-P 632,910.08 0.00000% 979.94572942 0.00000000 0.00000000 0.00000000 I-A-1 40,000,000.00 4.50000% 821.02398475 3.07884000 0.00000000 0.00000000 I-A-2 1,000,000.00 4.50000% 821.02398000 3.07884000 0.00000000 0.00000000 I-A-3 10,000,000.00 4.75000% 821.02398500 3.24988700 0.00000000 0.00000000 I-A-4 103,641,000.00 5.00000% 821.02398481 3.42093332 0.00000000 0.00000000 I-A-5 92,000,000.00 5.25000% 821.02398489 3.59197989 0.00000000 0.00000000 I-A-6 105,000,000.00 4.50000% 778.88898895 2.92083371 0.00000000 0.00000000 I-A-7 51,120,858.00 5.00000% 778.88898891 3.24537080 0.00000000 0.00000000 I-A-8 43,520,142.00 8.50000% 778.88898892 5.51713044 0.00000000 0.00000000 I-A-9 22,000,000.00 5.50000% 1000.00000000 4.58333318 0.00000000 0.00000000 I-A-10 25,000,000.00 5.50000% 1000.00000000 4.58333320 0.00000000 0.00000000 A-R 50.00 5.25000% 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 5.25000% 0.00000000 0.00000000 0.00000000 0.00000000 I-B-1 3,502,000.00 5.25000% 986.13747287 4.31435180 0.00000000 0.00000000 I-B-2 1,001,000.00 5.25000% 986.13747253 4.31435564 0.00000000 0.00000000 I-B-3 750,000.00 5.25000% 986.13748000 4.31434667 0.00000000 0.00000000 I-B-4 500,000.00 5.25000% 986.13748000 4.31436000 0.00000000 0.00000000 I-B-5 250,000.00 5.25000% 986.13748000 4.31436000 0.00000000 0.00000000 I-B-6 500,503.71 5.25000% 986.13748537 4.31435363 0.00000000 0.00000000 II-A-1 209,638,000.00 5.00000% 758.38518737 3.15993827 0.00000000 0.00000000 II-A-2 25,000,000.00 5.75000% 758.38518720 3.63392920 0.00000000 0.00000000 II-A-3 10,000,000.00 8.50000% 758.38518700 5.37189500 0.00000000 0.00000000 II-A-4 47,174,000.00 1.53500% 758.38518739 0.97010112 0.00000000 0.00000000 II-A-5 0.00 6.96500% 758.38518739 4.40179400 0.00000000 0.00000000 II-A-6 17,500,000.00 5.75000% 977.52203086 4.68396000 0.00000000 0.00000000 II-A-7 20,345,000.00 5.75000% 1000.00000000 4.79166675 0.00000000 0.00000000 II-A-8 20,378,000.00 5.75000% 1019.30338895 4.88416184 0.00000000 0.00000000 II-A-9 40,000,000.00 5.75000% 1000.00000000 4.79166675 0.00000000 0.00000000 II-B-1 6,802,000.00 5.75000% 996.20070126 4.77346222 0.00000000 0.00000000 II-B-2 1,200,000.00 5.75000% 996.20070000 4.77345833 0.00000000 0.00000000 II-B-3 401,000.00 5.75000% 996.20069825 4.77346633 0.00000000 0.00000000 II-B-4 400,000.00 5.75000% 996.20070000 4.77345000 0.00000000 0.00000000 II-B-5 600,000.00 5.75000% 996.20070000 4.77346667 0.00000000 0.00000000 II-B-6 600,740.29 5.75000% 996.20072095 4.77346042 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-P 0.00000000 0.00000000 0.00000000 0.00000000 967.74859392 I-A-1 0.00082350 0.00000000 3.07801650 0.00000000 743.35486275 I-A-2 0.00082000 0.00000000 3.07802000 0.00000000 743.35486000 I-A-3 0.00073600 0.00000000 3.24915100 0.00000000 743.35486300 I-A-4 0.00077421 0.00000000 3.42015901 0.00000000 743.35486275 I-A-5 0.00081293 0.00000000 3.59116696 0.00000000 743.35486272 I-A-6 0.00066105 0.00000000 2.92017267 0.00000000 682.93480143 I-A-7 0.00073453 0.00000000 3.24463627 0.00000000 682.93480149 I-A-8 0.00124862 0.00000000 5.51588182 0.00000000 682.93480155 I-A-9 0.00103727 0.00000000 4.58229591 0.00000000 1000.00000000 I-A-10 0.00103720 0.00000000 4.58229600 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-B-1 0.00098801 0.00000000 4.31336379 0.00000000 982.78417476 I-B-2 0.00098901 0.00000000 4.31336663 0.00000000 982.78417582 I-B-3 0.00098667 0.00000000 4.31336000 0.00000000 982.78417333 I-B-4 0.00098000 0.00000000 4.31336000 0.00000000 982.78418000 I-B-5 0.00100000 0.00000000 4.31336000 0.00000000 982.78416000 I-B-6 0.00099899 0.00000000 4.31335464 0.00000000 982.78418356 II-A-1 0.00019992 0.00000000 3.15973836 0.00000000 618.34471856 II-A-2 0.00023000 0.00000000 3.63369920 0.00000000 618.34471840 II-A-3 0.00034000 0.00000000 5.37155500 0.00000000 618.34471900 II-A-4 0.00006147 0.00000000 0.97003964 0.00000000 618.34471849 II-A-5 0.00027854 0.00000000 4.40151545 0.00000000 618.34471849 II-A-6 0.00029657 0.00000000 4.68366343 0.00000000 971.83499314 II-A-7 0.00030327 0.00000000 4.79136348 0.00000000 1000.00000000 II-A-8 0.00030916 0.00000000 4.88385317 0.00000000 1024.18724212 II-A-9 0.00030325 0.00000000 4.79136350 0.00000000 1000.00000000 II-B-1 0.00030138 0.00000000 4.77315936 0.00000000 995.31353425 II-B-2 0.00030000 0.00000000 4.77315833 0.00000000 995.31353333 II-B-3 0.00029925 0.00000000 4.77316708 0.00000000 995.31354115 II-B-4 0.00030000 0.00000000 4.77315000 0.00000000 995.31352500 II-B-5 0.00030000 0.00000000 4.77316667 0.00000000 995.31353333 II-B-6 0.00029963 0.00000000 4.77316079 0.00000000 995.31354889 (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 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 0.00 505,701.68 502,830.71 97.67137915% AP-2 0.00000% 0.00 0.00 114,515.85 109,667.13 92.86647886%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 107,897.96 Deposits Payments of Interest and Principal 82,678,966.15 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 82,678,966.15 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 126,663.80 Payment of Interest and Principal 82,594,904.90 Total Withdrawals (Pool Distribution Amount) 82,721,568.70 Ending Balance 65,295.41
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 34,492.97 Servicing Fee Support 33,980.44 Non-Supported Prepayment/Curtailment Interest Shortfall 512.53
SERVICING FEES Gross Servicing Fee 154,465.62 Master Servicing Fee 6,178.62 Supported Prepayment/Curtailment Interest Shortfall 33,980.44 Net Servicing Fee 126,663.80
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 2 923,225.41 0.00 0.00 0.00 923,225.41 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 2 923,225.41 0.00 0.00 0.00 923,225.41 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 0.139082% 0.000000% 0.000000% 0.000000% 0.139082% 0.136960% 0.000000% 0.000000% 0.000000% 0.136960% 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 0.139082% 0.000000% 0.000000% 0.000000% 0.139082% 0.136960% 0.000000% 0.000000% 0.000000% 0.136960%
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 2 923,225.41 0.00 0.00 0.00 923,225.41 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 2 923,225.41 0.00 0.00 0.00 923,225.41 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.326264% 0.000000% 0.000000% 0.000000% 0.326264% 0.315208% 0.000000% 0.000000% 0.000000% 0.315208% 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 0.326264% 0.000000% 0.000000% 0.000000% 0.326264% 0.315208% 0.000000% 0.000000% 0.000000% 0.315208%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 296,830.42
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.029655% Weighted Average Pass-Through Rate 0.000000% Weighted Average Maturity(Stepdown Calculation ) 350 Beginning Scheduled Collateral Loan Count 1,590 Number Of Loans Paid In Full 152 Ending Scheduled Collateral Loan Count 1,438 Beginning Scheduled Collateral Balance 741,524,550.97 Ending Scheduled Collateral Balance 662,307,878.89 Ending Actual Collateral Balance at 30-Jun-2003 674,082,305.35 Ending Scheduled Balance For Wells Fargo Serviced 638,801,388.94 Ending Scheduled Balance For Other Servicers 23,506,489.95 Monthly P &I Constant 5,412,451.67 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 82,473,484.51 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 620,705,566.63 Ending scheduled Balance For discounted Loans 41,602,312.26 Scheduled Principal 1,694,456.23 Unscheduled Principal 77,522,215.84 Unpaid Principal Balance Of Outstanding Mortgage Loans With Or Less Than Or Equal To 80% 654,705,010.30 Greater Than 80%, less than or equal to 85% 1,816,703.33 Greater than 85%, less than or equal to 95% 4,558,840.55 Greater than 95% 1,215,044.32
Group Level Collateral Statement Group 1 2 Total Collateral Description Fixed 15 Year Fixed 30 Year Mixed Fixed Weighted Average Coupon Rate 5.801677 6.314498 6.029655 Weighted Average Net Rate 5.243518 5.748160 5.467860 Weighted Average Maturity 172 350 350 Beginning Loan Count 898 692 1,590 Loans Paid In Full 73 79 152 Ending Loan Count 825 613 1,438 Beginning Scheduled Balance 411,915,403.72 329,609,147.25 741,524,550.97 Ending scheduled Balance 373,577,944.63 288,729,934.26 662,307,878.89 Record Date 06/30/2003 06/30/2003 06/30/2003 Principal And Interest Constant 3,427,786.89 1,984,664.78 5,412,451.67 Scheduled Principal 1,400,902.68 293,553.55 1,694,456.23 Unscheduled Principal 36,936,556.40 40,585,659.44 77,522,215.84 Scheduled Interest 1,888,741.34 1,650,288.38 3,539,029.72 Servicing Fees 85,796.99 68,668.62 154,465.62 Master Servicing Fees 3,431.88 2,746.74 6,178.62 Trustee Fee 0.00 0.00 0.00 FRY Amount 102,324.46 84,143.20 186,467.67 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 1,697,188.01 1,494,729.81 3,191,917.82 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
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