-----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, H+IUU5Jykw1Cfd4IZc2nZQlyE0+dfMKObAc06JCBXlNdVjU+NVY6GBNNRqq40huI GvivP+YnrUxo/tZFsb8t8g== 0001056404-03-001593.txt : 20030908 0001056404-03-001593.hdr.sgml : 20030908 20030908133247 ACCESSION NUMBER: 0001056404-03-001593 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030825 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030908 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: 03885609 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 8-K 1 wfm03001_aug.txt AUGUST 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): August 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 August 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 August 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: 9/6/03 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 August 25, 2003 distribution. EX-99.1
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 7/31/03 Distribution Date: 8/25/03 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% 612,497.84 0.00 16,936.14 I-A-1 94980HAA7 SEQ 4.50000% 29,734,194.51 111,501.16 3,680,864.04 I-A-2 94980HAB5 SEQ 4.50000% 743,354.86 2,787.53 92,021.60 I-A-3 94980HAC3 SEQ 4.75000% 7,433,548.63 29,424.00 920,216.01 I-A-4 94980HAD1 SEQ 5.00000% 77,042,041.33 321,003.46 9,537,210.76 I-A-5 94980HAE9 SEQ 5.25000% 68,388,647.37 299,195.63 8,465,987.30 I-A-6 94980HAF6 SEQ 4.50000% 71,708,154.15 268,901.35 11,936,984.24 I-A-7 94980HAG4 SEQ 5.00000% 34,912,213.01 145,465.27 5,811,703.58 I-A-8 94980HAH2 SEQ 8.50000% 29,721,419.54 210,523.41 4,947,611.90 I-A-9 94980HAJ8 SEQ 5.50000% 22,000,000.00 100,831.75 0.00 I-A-10 94980HAK5 SEQ 5.50000% 25,000,000.00 114,581.53 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% 3,441,710.18 15,057.24 11,442.49 I-B-2 94980HAY5 SUB 5.25000% 983,766.96 4,303.91 3,270.68 I-B-3 94980HAZ2 SUB 5.25000% 737,088.13 3,224.71 2,450.56 I-B-4 94980HBE8 SUB 5.25000% 491,392.09 2,149.81 1,633.71 I-B-5 94980HBF5 SUB 5.25000% 245,696.04 1,074.90 816.85 I-B-6 94980HBG3 SUB 5.25000% 491,887.13 2,151.97 1,635.32 II-A-1 94980HAN9 SEQ 5.00000% 129,628,550.11 539,994.78 32,102,745.72 II-A-2 94980HAP4 SEQ 5.75000% 15,458,617.96 74,055.51 3,828,354.80 II-A-3 94980HAQ2 SEQ 8.50000% 6,183,447.19 43,789.35 1,531,341.92 II-A-4 94980HAR0 SEQ 1.53500% 29,169,793.75 37,304.45 7,223,952.37 II-A-5 94980HAS8 SEQ 6.96500% 0.00 169,267.42 0.00 II-A-6 94980HAT6 SEQ 5.75000% 17,007,112.38 81,473.68 99,983.34 II-A-7 94980HAU3 SEQ 5.75000% 20,345,000.00 97,464.04 0.00 II-A-8 94980HAV1 SEQ 5.75000% 20,870,887.62 99,983.34 (99,983.34) II-A-9 94980HAW9 SEQ 5.75000% 40,000,000.00 191,622.60 0.00 II-B-1 94980HBA6 SUB 5.75000% 6,770,122.66 32,432.71 5,843.17 II-B-2 94980HBB4 SUB 5.75000% 1,194,376.24 5,721.74 1,030.84 II-B-3 94980HBC2 SUB 5.75000% 399,120.73 1,912.01 344.47 II-B-4 94980HBH1 SUB 5.75000% 398,125.41 1,907.25 343.61 II-B-5 94980HBJ7 SUB 5.75000% 597,188.12 2,860.87 515.42 II-B-6 94980HBK4 SUB 5.75000% 597,924.95 2,864.40 515.93 Totals 662,307,878.89 3,014,831.78 90,125,773.43
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-P 0.00 595,561.70 16,936.14 0.00 I-A-1 0.00 26,053,330.46 3,792,365.20 0.00 I-A-2 0.00 651,333.26 94,809.13 0.00 I-A-3 0.00 6,513,332.62 949,640.01 0.00 I-A-4 0.00 67,504,830.57 9,858,214.22 0.00 I-A-5 0.00 59,922,660.07 8,765,182.93 0.00 I-A-6 0.00 59,771,169.91 12,205,885.59 0.00 I-A-7 0.00 29,100,509.42 5,957,168.85 0.00 I-A-8 0.00 24,773,807.64 5,158,135.31 0.00 I-A-9 0.00 22,000,000.00 100,831.75 0.00 I-A-10 0.00 25,000,000.00 114,581.53 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 3,430,267.69 26,499.73 0.00 I-B-2 0.00 980,496.28 7,574.59 0.00 I-B-3 0.00 734,637.57 5,675.27 0.00 I-B-4 0.00 489,758.38 3,783.52 0.00 I-B-5 0.00 244,879.19 1,891.75 0.00 I-B-6 0.03 490,251.78 3,787.29 1.72 II-A-1 0.00 97,525,804.40 32,642,740.50 0.00 II-A-2 0.00 11,630,263.17 3,902,410.31 0.00 II-A-3 0.00 4,652,105.27 1,575,131.27 0.00 II-A-4 0.00 21,945,841.39 7,261,256.82 0.00 II-A-5 0.00 0.00 169,267.42 0.00 II-A-6 0.00 16,907,129.04 181,457.02 0.00 II-A-7 0.00 20,345,000.00 97,464.04 0.00 II-A-8 0.00 20,970,870.96 0.00 0.00 II-A-9 0.00 40,000,000.00 191,622.60 0.00 II-B-1 0.00 6,764,279.49 38,275.88 0.00 II-B-2 0.00 1,193,345.40 6,752.58 0.00 II-B-3 0.00 398,776.25 2,256.48 0.00 II-B-4 0.00 397,781.80 2,250.86 0.00 II-B-5 0.00 596,672.70 3,376.29 0.00 II-B-6 0.14 597,408.88 3,380.33 0.34 Totals 0.17 572,182,105.29 93,140,605.21 2.06 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 632,910.08 612,497.84 2,007.33 14,928.80 0.00 0.00 I-A-1 40,000,000.00 29,734,194.51 98,855.83 3,582,008.21 0.00 0.00 I-A-2 1,000,000.00 743,354.86 2,471.40 89,550.21 0.00 0.00 I-A-3 10,000,000.00 7,433,548.63 24,713.96 895,502.05 0.00 0.00 I-A-4 103,641,000.00 77,042,041.33 256,137.94 9,281,072.82 0.00 0.00 I-A-5 92,000,000.00 68,388,647.37 227,368.42 8,238,618.88 0.00 0.00 I-A-6 105,000,000.00 71,708,154.15 320,587.92 11,616,396.32 0.00 0.00 I-A-7 51,120,858.00 34,912,213.01 156,083.14 5,655,620.45 0.00 0.00 I-A-8 43,520,142.00 29,721,419.54 132,876.49 4,814,735.41 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 3,441,710.18 11,442.49 0.00 0.00 0.00 I-B-2 1,001,000.00 983,766.96 3,270.68 0.00 0.00 0.00 I-B-3 750,000.00 737,088.13 2,450.56 0.00 0.00 0.00 I-B-4 500,000.00 491,392.09 1,633.71 0.00 0.00 0.00 I-B-5 250,000.00 245,696.04 816.85 0.00 0.00 0.00 I-B-6 500,503.71 491,887.13 1,635.32 0.00 0.00 0.03 II-A-1 209,638,000.00 129,628,550.11 172,782.09 31,929,963.63 0.00 0.00 II-A-2 25,000,000.00 15,458,617.96 20,604.82 3,807,749.98 0.00 0.00 II-A-3 10,000,000.00 6,183,447.19 8,241.93 1,523,099.99 0.00 0.00 II-A-4 47,174,000.00 29,169,793.75 38,880.46 7,185,071.91 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 17,007,112.38 538.13 99,445.22 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 20,870,887.62 0.00 0.00 (99,983.34) 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 6,770,122.66 5,843.17 0.00 0.00 0.00 II-B-2 1,200,000.00 1,194,376.24 1,030.84 0.00 0.00 0.00 II-B-3 401,000.00 399,120.73 344.47 0.00 0.00 0.00 II-B-4 400,000.00 398,125.41 343.61 0.00 0.00 0.00 II-B-5 600,000.00 597,188.12 515.42 0.00 0.00 0.00 II-B-6 600,740.29 597,924.95 515.93 0.00 0.00 0.14 Totals 900,457,254.08 662,307,878.89 1,491,992.91 88,733,763.88 (99,983.34) 0.17 (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 16,936.14 595,561.70 0.94098944 16,936.14 I-A-1 3,680,864.04 26,053,330.46 0.65133326 3,680,864.04 I-A-2 92,021.60 651,333.26 0.65133326 92,021.60 I-A-3 920,216.01 6,513,332.62 0.65133326 920,216.01 I-A-4 9,537,210.76 67,504,830.57 0.65133326 9,537,210.76 I-A-5 8,465,987.30 59,922,660.07 0.65133326 8,465,987.30 I-A-6 11,936,984.24 59,771,169.91 0.56924924 11,936,984.24 I-A-7 5,811,703.58 29,100,509.42 0.56924924 5,811,703.58 I-A-8 4,947,611.90 24,773,807.64 0.56924924 4,947,611.90 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 11,442.49 3,430,267.69 0.97951676 11,442.49 I-B-2 3,270.68 980,496.28 0.97951676 3,270.68 I-B-3 2,450.56 734,637.57 0.97951676 2,450.56 I-B-4 1,633.71 489,758.38 0.97951676 1,633.71 I-B-5 816.85 244,879.19 0.97951676 816.85 I-B-6 1,635.35 490,251.78 0.97951678 1,635.32 II-A-1 32,102,745.72 97,525,804.40 0.46521053 32,102,745.72 II-A-2 3,828,354.80 11,630,263.17 0.46521053 3,828,354.80 II-A-3 1,531,341.92 4,652,105.27 0.46521053 1,531,341.92 II-A-4 7,223,952.37 21,945,841.39 0.46521053 7,223,952.37 II-A-5 0.00 0.00 0.00000000 0.00 II-A-6 99,983.34 16,907,129.04 0.96612166 99,983.34 II-A-7 0.00 20,345,000.00 1.00000000 0.00 II-A-8 (99,983.34) 20,970,870.96 1.02909368 (99,983.34) II-A-9 0.00 40,000,000.00 1.00000000 0.00 II-B-1 5,843.17 6,764,279.49 0.99445450 5,843.17 II-B-2 1,030.84 1,193,345.40 0.99445450 1,030.84 II-B-3 344.47 398,776.25 0.99445449 344.47 II-B-4 343.61 397,781.80 0.99445450 343.61 II-B-5 515.42 596,672.70 0.99445450 515.42 II-B-6 516.07 597,408.88 0.99445449 515.93 Totals 90,125,773.60 572,182,105.29 0.63543506 90,125,773.43
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-P 632,910.08 967.74859392 3.17158798 23.58755291 0.00000000 I-A-1 40,000,000.00 743.35486275 2.47139575 89.55020525 0.00000000 I-A-2 1,000,000.00 743.35486000 2.47140000 89.55021000 0.00000000 I-A-3 10,000,000.00 743.35486300 2.47139600 89.55020500 0.00000000 I-A-4 103,641,000.00 743.35486275 2.47139588 89.55020523 0.00000000 I-A-5 92,000,000.00 743.35486272 2.47139587 89.55020522 0.00000000 I-A-6 105,000,000.00 682.93480143 3.05321829 110.63234590 0.00000000 I-A-7 51,120,858.00 682.93480149 3.05321832 110.63234600 0.00000000 I-A-8 43,520,142.00 682.93480155 3.05321821 110.63234605 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 3,502,000.00 982.78417476 3.26741576 0.00000000 0.00000000 I-B-2 1,001,000.00 982.78417582 3.26741259 0.00000000 0.00000000 I-B-3 750,000.00 982.78417333 3.26741333 0.00000000 0.00000000 I-B-4 500,000.00 982.78418000 3.26742000 0.00000000 0.00000000 I-B-5 250,000.00 982.78416000 3.26740000 0.00000000 0.00000000 I-B-6 500,503.71 982.78418356 3.26734841 0.00000000 0.00000000 II-A-1 209,638,000.00 618.34471856 0.82419261 152.30999928 0.00000000 II-A-2 25,000,000.00 618.34471840 0.82419280 152.30999920 0.00000000 II-A-3 10,000,000.00 618.34471900 0.82419300 152.30999900 0.00000000 II-A-4 47,174,000.00 618.34471849 0.82419256 152.30999936 0.00000000 II-A-5 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-6 17,500,000.00 971.83499314 0.03075029 5.68258400 0.00000000 II-A-7 20,345,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-8 20,378,000.00 1024.18724212 0.00000000 0.00000000 (4.90643537) II-A-9 40,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-B-1 6,802,000.00 995.31353425 0.85903705 0.00000000 0.00000000 II-B-2 1,200,000.00 995.31353333 0.85903333 0.00000000 0.00000000 II-B-3 401,000.00 995.31354115 0.85902743 0.00000000 0.00000000 II-B-4 400,000.00 995.31352500 0.85902500 0.00000000 0.00000000 II-B-5 600,000.00 995.31353333 0.85903333 0.00000000 0.00000000 II-B-6 600,740.29 995.31354889 0.85882370 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 26.75915669 940.98943724 0.94098944 26.75915669 I-A-1 0.00000000 92.02160100 651.33326150 0.65133326 92.02160100 I-A-2 0.00000000 92.02160000 651.33326000 0.65133326 92.02160000 I-A-3 0.00000000 92.02160100 651.33326200 0.65133326 92.02160100 I-A-4 0.00000000 92.02160110 651.33326164 0.65133326 92.02160110 I-A-5 0.00000000 92.02160109 651.33326163 0.65133326 92.02160109 I-A-6 0.00000000 113.68556419 569.24923724 0.56924924 113.68556419 I-A-7 0.00000000 113.68556412 569.24923717 0.56924924 113.68556412 I-A-8 0.00000000 113.68556426 569.24923728 0.56924924 113.68556426 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 3.26741576 979.51675899 0.97951676 3.26741576 I-B-2 0.00000000 3.26741259 979.51676324 0.97951676 3.26741259 I-B-3 0.00000000 3.26741333 979.51676000 0.97951676 3.26741333 I-B-4 0.00000000 3.26742000 979.51676000 0.97951676 3.26742000 I-B-5 0.00000000 3.26740000 979.51676000 0.97951676 3.26740000 I-B-6 0.00005994 3.26740835 979.51677521 0.97951678 3.26734841 II-A-1 0.00000000 153.13419189 465.21052672 0.46521053 153.13419189 II-A-2 0.00000000 153.13419200 465.21052680 0.46521053 153.13419200 II-A-3 0.00000000 153.13419200 465.21052700 0.46521053 153.13419200 II-A-4 0.00000000 153.13419193 465.21052677 0.46521053 153.13419193 II-A-5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-6 0.00000000 5.71333371 966.12165943 0.96612166 5.71333371 II-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-8 0.00000000 (4.90643537) 1,029.09367750 1.02909368 (4.90643537) II-A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-B-1 0.00000000 0.85903705 994.45449721 0.99445450 0.85903705 II-B-2 0.00000000 0.85903333 994.45450000 0.99445450 0.85903333 II-B-3 0.00000000 0.85902743 994.45448878 0.99445449 0.85902743 II-B-4 0.00000000 0.85902500 994.45450000 0.99445450 0.85902500 II-B-5 0.00000000 0.85903333 994.45450000 0.99445450 0.85903333 II-B-6 0.00023305 0.85905675 994.45449214 0.99445449 0.85882370 (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% 612,497.84 0.00 0.00 0.00 I-A-1 40,000,000.00 4.50000% 29,734,194.51 111,503.23 0.00 0.00 I-A-2 1,000,000.00 4.50000% 743,354.86 2,787.58 0.00 0.00 I-A-3 10,000,000.00 4.75000% 7,433,548.63 29,424.46 0.00 0.00 I-A-4 103,641,000.00 5.00000% 77,042,041.33 321,008.51 0.00 0.00 I-A-5 92,000,000.00 5.25000% 68,388,647.37 299,200.33 0.00 0.00 I-A-6 105,000,000.00 4.50000% 71,708,154.15 268,905.58 0.00 0.00 I-A-7 51,120,858.00 5.00000% 34,912,213.01 145,467.55 0.00 0.00 I-A-8 43,520,142.00 8.50000% 29,721,419.54 210,526.72 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% 3,441,710.18 15,057.48 0.00 0.00 I-B-2 1,001,000.00 5.25000% 983,766.96 4,303.98 0.00 0.00 I-B-3 750,000.00 5.25000% 737,088.13 3,224.76 0.00 0.00 I-B-4 500,000.00 5.25000% 491,392.09 2,149.84 0.00 0.00 I-B-5 250,000.00 5.25000% 245,696.04 1,074.92 0.00 0.00 I-B-6 500,503.71 5.25000% 491,887.13 2,152.01 0.00 0.00 II-A-1 209,638,000.00 5.00000% 129,628,550.11 540,118.96 0.00 0.00 II-A-2 25,000,000.00 5.75000% 15,458,617.96 74,072.54 0.00 0.00 II-A-3 10,000,000.00 8.50000% 6,183,447.19 43,799.42 0.00 0.00 II-A-4 47,174,000.00 1.53500% 29,169,793.75 37,313.03 0.00 0.00 II-A-5 0.00 6.96500% 29,169,793.75 169,306.34 0.00 0.00 II-A-6 17,500,000.00 5.75000% 17,007,112.38 81,492.41 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% 20,870,887.62 100,006.34 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% 6,770,122.66 32,440.17 0.00 0.00 II-B-2 1,200,000.00 5.75000% 1,194,376.24 5,723.05 0.00 0.00 II-B-3 401,000.00 5.75000% 399,120.73 1,912.45 0.00 0.00 II-B-4 400,000.00 5.75000% 398,125.41 1,907.68 0.00 0.00 II-B-5 600,000.00 5.75000% 597,188.12 2,861.53 0.00 0.00 II-B-6 600,740.29 5.75000% 597,924.95 2,865.06 0.00 0.00 Totals 900,457,254.08 3,015,175.72 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 0.00 595,561.70 I-A-1 2.07 0.00 111,501.16 0.00 26,053,330.46 I-A-2 0.05 0.00 2,787.53 0.00 651,333.26 I-A-3 0.46 0.00 29,424.00 0.00 6,513,332.62 I-A-4 5.04 0.00 321,003.46 0.00 67,504,830.57 I-A-5 4.70 0.00 299,195.63 0.00 59,922,660.07 I-A-6 4.23 0.00 268,901.35 0.00 59,771,169.91 I-A-7 2.29 0.00 145,465.27 0.00 29,100,509.42 I-A-8 3.31 0.00 210,523.41 0.00 24,773,807.64 I-A-9 1.58 0.00 100,831.75 0.00 22,000,000.00 I-A-10 1.80 0.00 114,581.53 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 0.24 0.00 15,057.24 0.00 3,430,267.69 I-B-2 0.07 0.00 4,303.91 0.00 980,496.28 I-B-3 0.05 0.00 3,224.71 0.00 734,637.57 I-B-4 0.03 0.00 2,149.81 0.00 489,758.38 I-B-5 0.02 0.00 1,074.90 0.00 244,879.19 I-B-6 0.03 0.00 2,151.97 0.00 490,251.78 II-A-1 124.18 0.00 539,994.78 0.00 97,525,804.40 II-A-2 17.03 0.00 74,055.51 0.00 11,630,263.17 II-A-3 10.07 0.00 43,789.35 0.00 4,652,105.27 II-A-4 8.58 0.00 37,304.45 0.00 21,945,841.39 II-A-5 38.93 0.00 169,267.42 0.00 21,945,841.39 II-A-6 18.74 0.00 81,473.68 0.00 16,907,129.04 II-A-7 22.41 0.00 97,464.04 0.00 20,345,000.00 II-A-8 22.99 0.00 99,983.34 0.00 20,970,870.96 II-A-9 44.07 0.00 191,622.60 0.00 40,000,000.00 II-B-1 7.46 0.00 32,432.71 0.00 6,764,279.49 II-B-2 1.32 0.00 5,721.74 0.00 1,193,345.40 II-B-3 0.44 0.00 1,912.01 0.00 398,776.25 II-B-4 0.44 0.00 1,907.25 0.00 397,781.80 II-B-5 0.66 0.00 2,860.87 0.00 596,672.70 II-B-6 0.66 0.00 2,864.40 0.00 597,408.88 Totals 343.95 0.00 3,014,831.78 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% 967.74859392 0.00000000 0.00000000 0.00000000 I-A-1 40,000,000.00 4.50000% 743.35486275 2.78758075 0.00000000 0.00000000 I-A-2 1,000,000.00 4.50000% 743.35486000 2.78758000 0.00000000 0.00000000 I-A-3 10,000,000.00 4.75000% 743.35486300 2.94244600 0.00000000 0.00000000 I-A-4 103,641,000.00 5.00000% 743.35486275 3.09731197 0.00000000 0.00000000 I-A-5 92,000,000.00 5.25000% 743.35486272 3.25217750 0.00000000 0.00000000 I-A-6 105,000,000.00 4.50000% 682.93480143 2.56100552 0.00000000 0.00000000 I-A-7 51,120,858.00 5.00000% 682.93480149 2.84556159 0.00000000 0.00000000 I-A-8 43,520,142.00 8.50000% 682.93480155 4.83745480 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% 982.78417476 4.29968018 0.00000000 0.00000000 I-B-2 1,001,000.00 5.25000% 982.78417582 4.29968032 0.00000000 0.00000000 I-B-3 750,000.00 5.25000% 982.78417333 4.29968000 0.00000000 0.00000000 I-B-4 500,000.00 5.25000% 982.78418000 4.29968000 0.00000000 0.00000000 I-B-5 250,000.00 5.25000% 982.78416000 4.29968000 0.00000000 0.00000000 I-B-6 500,503.71 5.25000% 982.78418356 4.29968841 0.00000000 0.00000000 II-A-1 209,638,000.00 5.00000% 618.34471856 2.57643633 0.00000000 0.00000000 II-A-2 25,000,000.00 5.75000% 618.34471840 2.96290160 0.00000000 0.00000000 II-A-3 10,000,000.00 8.50000% 618.34471900 4.37994200 0.00000000 0.00000000 II-A-4 47,174,000.00 1.53500% 618.34471849 0.79096600 0.00000000 0.00000000 II-A-5 0.00 6.96500% 618.34471849 3.58897571 0.00000000 0.00000000 II-A-6 17,500,000.00 5.75000% 971.83499314 4.65670914 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% 1024.18724212 4.90756404 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% 995.31353425 4.76921053 0.00000000 0.00000000 II-B-2 1,200,000.00 5.75000% 995.31353333 4.76920833 0.00000000 0.00000000 II-B-3 401,000.00 5.75000% 995.31354115 4.76920200 0.00000000 0.00000000 II-B-4 400,000.00 5.75000% 995.31352500 4.76920000 0.00000000 0.00000000 II-B-5 600,000.00 5.75000% 995.31353333 4.76921667 0.00000000 0.00000000 II-B-6 600,740.29 5.75000% 995.31354889 4.76921566 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 940.98943724 I-A-1 0.00005175 0.00000000 2.78752900 0.00000000 651.33326150 I-A-2 0.00005000 0.00000000 2.78753000 0.00000000 651.33326000 I-A-3 0.00004600 0.00000000 2.94240000 0.00000000 651.33326200 I-A-4 0.00004863 0.00000000 3.09726325 0.00000000 651.33326164 I-A-5 0.00005109 0.00000000 3.25212641 0.00000000 651.33326163 I-A-6 0.00004029 0.00000000 2.56096524 0.00000000 569.24923724 I-A-7 0.00004480 0.00000000 2.84551699 0.00000000 569.24923717 I-A-8 0.00007606 0.00000000 4.83737875 0.00000000 569.24923728 I-A-9 0.00007182 0.00000000 4.58326136 0.00000000 1000.00000000 I-A-10 0.00007200 0.00000000 4.58326120 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 0.00006853 0.00000000 4.29961165 0.00000000 979.51675899 I-B-2 0.00006993 0.00000000 4.29961039 0.00000000 979.51676324 I-B-3 0.00006667 0.00000000 4.29961333 0.00000000 979.51676000 I-B-4 0.00006000 0.00000000 4.29962000 0.00000000 979.51676000 I-B-5 0.00008000 0.00000000 4.29960000 0.00000000 979.51676000 I-B-6 0.00005994 0.00000000 4.29960849 0.00000000 979.51677521 II-A-1 0.00059235 0.00000000 2.57584398 0.00000000 465.21052672 II-A-2 0.00068120 0.00000000 2.96222040 0.00000000 465.21052680 II-A-3 0.00100700 0.00000000 4.37893500 0.00000000 465.21052700 II-A-4 0.00018188 0.00000000 0.79078412 0.00000000 465.21052677 II-A-5 0.00082524 0.00000000 3.58815068 0.00000000 465.21052677 II-A-6 0.00107086 0.00000000 4.65563886 0.00000000 966.12165943 II-A-7 0.00110150 0.00000000 4.79056476 0.00000000 1000.00000000 II-A-8 0.00112818 0.00000000 4.90643537 0.00000000 1029.09367750 II-A-9 0.00110175 0.00000000 4.79056500 0.00000000 1000.00000000 II-B-1 0.00109674 0.00000000 4.76811379 0.00000000 994.45449721 II-B-2 0.00110000 0.00000000 4.76811667 0.00000000 994.45450000 II-B-3 0.00109726 0.00000000 4.76810474 0.00000000 994.45448878 II-B-4 0.00110000 0.00000000 4.76812500 0.00000000 994.45450000 II-B-5 0.00110000 0.00000000 4.76811667 0.00000000 994.45450000 II-B-6 0.00109864 0.00000000 4.76811702 0.00000000 994.45449214 (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 0.00 502,830.71 487,328.03 94.66009105% AP-2 0.00000% 0.00 0.00 109,667.13 108,233.67 91.65262032%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 65,295.41 Deposits Payments of Interest and Principal 92,826,098.72 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 350,117.30 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 93,176,216.02 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 100,906.19 Payment of Interest and Principal 93,140,605.24 Total Withdrawals (Pool Distribution Amount) 93,241,511.43 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 42,934.66 Servicing Fee Support 42,590.71 Non-Supported Prepayment/Curtailment Interest Shortfall 343.95
SERVICING FEES Gross Servicing Fee 137,977.79 Master Servicing Fee 5,519.11 Supported Prepayment/Curtailment Interest Shortfall 42,590.71 Net Servicing Fee 100,906.19
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 3 0 0 0 3 877,961.82 0.00 0.00 0.00 877,961.82 60 Days 1 0 0 0 1 462,873.11 0.00 0.00 0.00 462,873.11 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 4 0 0 0 4 1,340,834.93 0.00 0.00 0.00 1,340,834.93 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 0.238095% 0.000000% 0.000000% 0.000000% 0.238095% 0.149660% 0.000000% 0.000000% 0.000000% 0.149660% 60 Days 0.079365% 0.000000% 0.000000% 0.000000% 0.079365% 0.078903% 0.000000% 0.000000% 0.000000% 0.078903% 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 0.317460% 0.000000% 0.000000% 0.000000% 0.317460% 0.228562% 0.000000% 0.000000% 0.000000% 0.228562%
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 2 0 0 0 2 519,894.04 0.00 0.00 0.00 519,894.04 60 Days 1 0 0 0 1 462,873.11 0.00 0.00 0.00 462,873.11 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 3 0 0 0 3 982,767.15 0.00 0.00 0.00 982,767.15 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.272480% 0.000000% 0.000000% 0.000000% 0.272480% 0.158211% 0.000000% 0.000000% 0.000000% 0.158211% 60 Days 0.136240% 0.000000% 0.000000% 0.000000% 0.136240% 0.140859% 0.000000% 0.000000% 0.000000% 0.140859% 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 0.408719% 0.000000% 0.000000% 0.000000% 0.408719% 0.299070% 0.000000% 0.000000% 0.000000% 0.299070% 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 1 0 0 0 1 358,067.78 0.00 0.00 0.00 358,067.78 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 1 0 0 0 1 358,067.78 0.00 0.00 0.00 358,067.78 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.190114% 0.000000% 0.000000% 0.000000% 0.190114% 0.144035% 0.000000% 0.000000% 0.000000% 0.144035% 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 0.190114% 0.000000% 0.000000% 0.000000% 0.190114% 0.144035% 0.000000% 0.000000% 0.000000% 0.144035%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 623,672.57
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.024039% Weighted Average Pass-Through Rate 0.000000% Weighted Average Maturity(Stepdown Calculation ) 349 Beginning Scheduled Collateral Loan Count 1,438 Number Of Loans Paid In Full 178 Ending Scheduled Collateral Loan Count 1,260 Beginning Scheduled Collateral Balance 662,307,878.89 Ending Scheduled Collateral Balance 572,182,105.27 Ending Actual Collateral Balance at 31-Jul-2003 586,639,142.12 Ending Scheduled Balance For Wells Fargo Serviced 550,903,334.79 Ending Scheduled Balance For Other Servicers 21,278,770.48 Monthly P &I Constant 4,860,176.87 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 93,001,560.91 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 533,133,991.79 Ending scheduled Balance For discounted Loans 39,048,113.48 Scheduled Principal 1,491,454.94 Unscheduled Principal 88,634,318.66 Unpaid Principal Balance Of Outstanding Mortgage Loans With Or Less Than Or Equal To 80% 564,733,017.20 Greater Than 80%, less than or equal to 85% 1,813,291.33 Greater than 85%, less than or equal to 95% 4,554,505.47 Greater than 95% 1,213,832.01
Group Level Collateral Statement Group 1 2 Total Collateral Description Fixed 15 Year Fixed 30 Year Mixed Fixed Weighted Average Coupon Rate 5.798226 6.316214 6.024039 Weighted Average Net Rate 5.242947 5.748040 5.463139 Weighted Average Maturity 171 349 349 Beginning Loan Count 825 613 1,438 Loans Paid In Full 91 87 178 Ending Loan Count 734 526 1,260 Beginning Scheduled Balance 373,577,944.63 288,729,934.26 662,307,878.89 Ending scheduled Balance 328,148,592.87 244,033,512.40 572,182,105.27 Record Date 07/31/2003 07/31/2003 07/31/2003 Principal And Interest Constant 3,121,528.34 1,738,648.53 4,860,176.87 Scheduled Principal 1,242,231.06 249,223.88 1,491,454.94 Unscheduled Principal 44,187,120.70 44,447,197.96 88,634,318.66 Scheduled Interest 1,713,118.00 1,445,251.48 3,158,369.48 Servicing Fees 77,827.29 60,150.50 137,977.79 Master Servicing Fees 3,113.09 2,406.02 5,519.11 Trustee Fee 0.00 0.00 0.00 FRY Amount 91,922.96 74,147.30 166,070.25 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 1,540,254.66 1,308,547.67 2,848,802.33 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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