-----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, IklY6w7cgH42bz2wcPflTTdk0hj86z1jVbj2GkZUGffHk7l/3FMWfoqjHXUVJYPZ YnXhk5Y7uOu+/9/HGCPPOQ== 0001056404-04-000200.txt : 20040109 0001056404-04-000200.hdr.sgml : 20040109 20040109144125 ACCESSION NUMBER: 0001056404-04-000200 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031225 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STRUCTURED ASSET SECURITIES CORP MOR PAS THR CER SER 2003-6A CENTRAL INDEX KEY: 0001221044 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: 333-92140-22 FILM NUMBER: 04517614 BUSINESS ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 8-K 1 sac0306a.txt DECEMBER 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): December 26, 2003 STRUCTURED ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-6A Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-92140-22 54-2102391 Pooling and Servicing Agreement) (Commission 54-2102392 (State or other File Number) 54-2102393 jurisdiction 54-6535285 of Incorporation) IRS EIN 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 December 26, 2003 a distribution was made to holders of STRUCTURED ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2003-6A 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 2003-6A Trust, relating to the December 26, 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. STRUCTURED ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-6A Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 1/8/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-6A Trust, relating to the December 26, 2003 distribution. EX-99.1
Structured Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 11/30/03 Distribution Date: 12/26/03 SASC Series: 2003-6A Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution 1-A1 86359AMP5 SEN 4.85000% 14,472,173.46 58,491.70 983,531.56 1-A2 86359AMQ3 IO 4.85000% 0.00 10,192.45 0.00 2-A1 86359AMR1 SEN 5.45000% 43,356,746.12 196,911.89 20,359.25 2-A2 86359AMS9 IO 5.45000% 0.00 8,444.91 0.00 3-A1 86359AMT7 SEN 4.34000% 245,554,095.84 888,087.31 12,800,562.35 3-A2 86359AMU4 SEN 4.25000% 73,163,231.53 259,119.78 3,813,947.81 3-A3 86359AMV2 IO 4.25000% 0.00 336,214.57 0.00 4-A1 86359AMW0 SEN 4.61000% 118,879,982.18 456,697.26 1,645,115.37 4-A2 86359AMX8 IO 4.61000% 0.00 96,142.46 0.00 B1 86359AMY6 SUB 5.59622% 24,500,428.86 114,258.13 9,850.27 B2 86359AMZ3 SUB 5.59622% 5,249,380.68 24,480.57 2,110.49 B3 86359ANA7 SUB 5.59622% 3,498,923.31 16,317.28 1,406.72 B4 86359ANC3 SUB 5.59622% 1,749,461.66 8,158.64 703.36 B5 86359AND1 SUB 5.59622% 1,749,461.66 8,158.64 703.36 B6 86359ANE9 SUB 5.59622% 1,757,299.88 8,195.20 706.51 PI SAC036AUPI SEN 0.00000% 0.00 12,321.89 0.00 PII SAC036AUPII SEN 0.00000% 0.00 3,963.50 0.00 R SAC036AUR SEN 5.73249% 0.00 0.00 0.00 Totals 533,931,185.18 2,506,156.18 19,278,997.05
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 13,488,641.91 1,042,023.26 0.00 1-A2 0.00 0.00 10,192.45 0.00 2-A1 0.00 43,336,386.87 217,271.14 0.00 2-A2 0.00 0.00 8,444.91 0.00 3-A1 0.00 232,753,533.49 13,688,649.66 0.00 3-A2 0.00 69,349,283.72 4,073,067.59 0.00 3-A3 0.00 0.00 336,214.57 0.00 4-A1 0.00 117,234,866.81 2,101,812.63 0.00 4-A2 0.00 0.00 96,142.46 0.00 B1 0.00 24,490,578.60 124,108.40 0.00 B2 0.00 5,247,270.19 26,591.06 0.00 B3 0.00 3,497,516.59 17,724.00 0.00 B4 0.00 1,748,758.29 8,862.00 0.00 B5 0.00 1,748,758.29 8,862.00 0.00 B6 0.00 1,756,593.37 8,901.71 0.00 PI 0.00 0.00 12,321.89 0.00 PII 0.00 0.00 3,963.50 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 514,652,188.13 21,785,153.23 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) 1-A1 27,223,000.00 14,472,173.46 7,780.34 975,751.22 0.00 0.00 1-A2 0.00 0.00 0.00 0.00 0.00 0.00 2-A1 51,047,000.00 43,356,746.12 10,502.16 9,857.09 0.00 0.00 2-A2 0.00 0.00 0.00 0.00 0.00 0.00 3-A1 335,625,000.00 245,554,095.84 98,272.38 12,702,289.97 0.00 0.00 3-A2 100,000,000.00 73,163,231.53 29,280.41 3,784,667.40 0.00 0.00 3-A3 0.00 0.00 0.00 0.00 0.00 0.00 4-A1 150,510,000.00 118,879,982.18 51,972.69 1,593,142.68 0.00 0.00 4-A2 0.00 0.00 0.00 0.00 0.00 0.00 B1 24,606,000.00 24,500,428.86 9,850.27 0.00 0.00 0.00 B2 5,272,000.00 5,249,380.68 2,110.49 0.00 0.00 0.00 B3 3,514,000.00 3,498,923.31 1,406.72 0.00 0.00 0.00 B4 1,757,000.00 1,749,461.66 703.36 0.00 0.00 0.00 B5 1,757,000.00 1,749,461.66 703.36 0.00 0.00 0.00 B6 1,764,872.00 1,757,299.88 706.51 0.00 0.00 0.00 PI 0.00 0.00 0.00 0.00 0.00 0.00 PII 0.00 0.00 0.00 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 Totals 703,075,972.00 533,931,185.18 213,288.69 19,065,708.36 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 1-A1 983,531.56 13,488,641.91 0.49548697 983,531.56 1-A2 0.00 0.00 0.00000000 0.00 2-A1 20,359.25 43,336,386.87 0.84895071 20,359.25 2-A2 0.00 0.00 0.00000000 0.00 3-A1 12,800,562.35 232,753,533.49 0.69349284 12,800,562.35 3-A2 3,813,947.81 69,349,283.72 0.69349284 3,813,947.81 3-A3 0.00 0.00 0.00000000 0.00 4-A1 1,645,115.37 117,234,866.81 0.77891746 1,645,115.37 4-A2 0.00 0.00 0.00000000 0.00 B1 9,850.27 24,490,578.60 0.99530922 9,850.27 B2 2,110.49 5,247,270.19 0.99530922 2,110.49 B3 1,406.72 3,497,516.59 0.99530922 1,406.72 B4 703.36 1,748,758.29 0.99530921 703.36 B5 703.36 1,748,758.29 0.99530921 703.36 B6 706.51 1,756,593.37 0.99530922 706.51 PI 0.00 0.00 0.00000000 0.00 PII 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 19,278,997.05 514,652,188.13 0.73200082 19,278,997.05
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 27,223,000.00 531.61567278 0.28580024 35.84289828 0.00000000 1-A2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A1 51,047,000.00 849.34954297 0.20573511 0.19309832 0.00000000 2-A2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 335,625,000.00 731.63231535 0.29280411 37.84667403 0.00000000 3-A2 100,000,000.00 731.63231530 0.29280410 37.84667400 0.00000000 3-A3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 150,510,000.00 789.84773224 0.34531054 10.58496233 0.00000000 4-A2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1 24,606,000.00 995.70953670 0.40031984 0.00000000 0.00000000 B2 5,272,000.00 995.70953718 0.40032056 0.00000000 0.00000000 B3 3,514,000.00 995.70953614 0.40031873 0.00000000 0.00000000 B4 1,757,000.00 995.70953899 0.40031873 0.00000000 0.00000000 B5 1,757,000.00 995.70953899 0.40031873 0.00000000 0.00000000 B6 1,764,872.00 995.70953588 0.40031798 0.00000000 0.00000000 PI 0.00 0.00000000 0.00000000 0.00000000 0.00000000 PII 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 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 1-A1 0.00000000 36.12869853 495.48697462 0.49548697 36.12869853 1-A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A1 0.00000000 0.39883343 848.95070954 0.84895071 0.39883343 2-A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 0.00000000 38.13947814 693.49283721 0.69349284 38.13947814 3-A2 0.00000000 38.13947810 693.49283720 0.69349284 38.13947810 3-A3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 0.00000000 10.93027287 778.91745937 0.77891746 10.93027287 4-A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1 0.00000000 0.40031984 995.30921726 0.99530922 0.40031984 B2 0.00000000 0.40032056 995.30921662 0.99530922 0.40032056 B3 0.00000000 0.40031873 995.30921742 0.99530922 0.40031873 B4 0.00000000 0.40031873 995.30921457 0.99530921 0.40031873 B5 0.00000000 0.40031873 995.30921457 0.99530921 0.40031873 B6 0.00000000 0.40031798 995.30921789 0.99530922 0.40031798 PI 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 PII 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 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 1-A1 27,223,000.00 4.85000% 14,472,173.46 58,491.70 0.00 0.00 1-A2 0.00 4.85000% 2,521,844.21 10,192.45 0.00 0.00 2-A1 51,047,000.00 5.45000% 43,356,746.12 196,911.89 0.00 0.00 2-A2 0.00 5.45000% 1,859,430.49 8,444.91 0.00 0.00 3-A1 335,625,000.00 4.34000% 245,554,095.84 888,087.31 0.00 0.00 3-A2 100,000,000.00 4.25000% 73,163,231.53 259,119.78 0.00 0.00 3-A3 0.00 4.25000% 94,931,171.43 336,214.57 0.00 0.00 4-A1 150,510,000.00 4.61000% 118,879,982.18 456,697.26 0.00 0.00 4-A2 0.00 4.61000% 25,026,237.14 96,142.46 0.00 0.00 B1 24,606,000.00 5.59622% 24,500,428.86 114,258.13 0.00 0.00 B2 5,272,000.00 5.59622% 5,249,380.68 24,480.57 0.00 0.00 B3 3,514,000.00 5.59622% 3,498,923.31 16,317.28 0.00 0.00 B4 1,757,000.00 5.59622% 1,749,461.66 8,158.64 0.00 0.00 B5 1,757,000.00 5.59622% 1,749,461.66 8,158.64 0.00 0.00 B6 1,764,872.00 5.59622% 1,757,299.88 8,195.20 0.00 0.00 PI 0.00 0.00000% 0.00 0.00 0.00 0.00 PII 0.00 0.00000% 0.00 0.00 0.00 0.00 R 100.00 5.73249% 0.00 0.00 0.00 0.00 Totals 703,075,972.00 2,489,870.79 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 1-A1 0.00 0.00 58,491.70 0.00 13,488,641.91 1-A2 0.00 0.00 10,192.45 0.00 2,366,034.53 2-A1 0.00 0.00 196,911.89 0.00 43,336,386.87 2-A2 0.00 0.00 8,444.91 0.00 1,858,581.93 3-A1 0.00 0.00 888,087.31 0.00 232,753,533.49 3-A2 0.00 0.00 259,119.78 0.00 69,349,283.72 3-A3 0.00 0.00 336,214.57 0.00 89,970,821.53 4-A1 0.00 0.00 456,697.26 0.00 117,234,866.81 4-A2 0.00 0.00 96,142.46 0.00 24,665,483.87 B1 0.00 0.00 114,258.13 0.00 24,490,578.60 B2 0.00 0.00 24,480.57 0.00 5,247,270.19 B3 0.00 0.00 16,317.28 0.00 3,497,516.59 B4 0.00 0.00 8,158.64 0.00 1,748,758.29 B5 0.00 0.00 8,158.64 0.00 1,748,758.29 B6 0.00 0.00 8,195.20 0.00 1,756,593.37 PI 0.00 0.00 12,321.89 0.00 0.00 PII 0.00 0.00 3,963.50 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,506,156.18 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 1-A1 27,223,000.00 4.85000% 531.61567278 2.14861330 0.00000000 0.00000000 1-A2 0.00 4.85000% 515.55610004 2.08370515 0.00000000 0.00000000 2-A1 51,047,000.00 5.45000% 849.34954297 3.85746253 0.00000000 0.00000000 2-A2 0.00 5.45000% 724.12043630 3.28871229 0.00000000 0.00000000 3-A1 335,625,000.00 4.34000% 731.63231535 2.64607020 0.00000000 0.00000000 3-A2 100,000,000.00 4.25000% 731.63231530 2.59119780 0.00000000 0.00000000 3-A3 0.00 4.25000% 720.54121784 2.55191685 0.00000000 0.00000000 4-A1 150,510,000.00 4.61000% 789.84773224 3.03433167 0.00000000 0.00000000 4-A2 0.00 4.61000% 768.87987252 2.95378015 0.00000000 0.00000000 B1 24,606,000.00 5.59622% 995.70953670 4.64350687 0.00000000 0.00000000 B2 5,272,000.00 5.59622% 995.70953718 4.64350721 0.00000000 0.00000000 B3 3,514,000.00 5.59622% 995.70953614 4.64350598 0.00000000 0.00000000 B4 1,757,000.00 5.59622% 995.70953899 4.64350598 0.00000000 0.00000000 B5 1,757,000.00 5.59622% 995.70953899 4.64350598 0.00000000 0.00000000 B6 1,764,872.00 5.59622% 995.70953588 4.64350956 0.00000000 0.00000000 PI 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 PII 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 5.73249% 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 1-A1 0.00000000 0.00000000 2.14861330 0.00000000 495.48697462 1-A2 0.00000000 0.00000000 2.08370515 0.00000000 483.70297023 2-A1 0.00000000 0.00000000 3.85746253 0.00000000 848.95070954 2-A2 0.00000000 0.00000000 3.28871229 0.00000000 723.78998048 3-A1 0.00000000 0.00000000 2.64607020 0.00000000 693.49283721 3-A2 0.00000000 0.00000000 2.59119780 0.00000000 693.49283720 3-A3 0.00000000 0.00000000 2.55191685 0.00000000 682.89145008 4-A1 0.00000000 0.00000000 3.03433167 0.00000000 778.91745937 4-A2 0.00000000 0.00000000 2.95378015 0.00000000 757.79646727 B1 0.00000000 0.00000000 4.64350687 0.00000000 995.30921726 B2 0.00000000 0.00000000 4.64350721 0.00000000 995.30921662 B3 0.00000000 0.00000000 4.64350598 0.00000000 995.30921742 B4 0.00000000 0.00000000 4.64350598 0.00000000 995.30921457 B5 0.00000000 0.00000000 4.64350598 0.00000000 995.30921457 B6 0.00000000 0.00000000 4.64350956 0.00000000 995.30921789 PI 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 PII 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 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 21,898,947.33 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 21,898,947.33 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 113,794.10 Payment of Interest and Principal 21,785,153.23 Total Withdrawals (Pool Distribution Amount) 21,898,947.33 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 111,235.68 Trustee Fee - Wells Fargo Bank, N.A. 2,558.42 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 113,794.10
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 2 0 0 2 828,676.34 0.00 0.00 828,676.34 30 Days 1 0 0 0 1 504,536.20 0.00 0.00 0.00 504,536.20 60 Days 2 0 0 0 2 554,941.99 0.00 0.00 0.00 554,941.99 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 1 0 1 0.00 0.00 275,679.14 0.00 275,679.14 150 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 66,787.39 0.00 66,787.39 Totals 3 2 2 0 7 1,059,478.19 828,676.34 342,466.53 0.00 2,230,621.06 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 0.204290% 0.000000% 0.000000% 0.204290% 0.161017% 0.000000% 0.000000% 0.161017% 30 Days 0.102145% 0.000000% 0.000000% 0.000000% 0.102145% 0.098034% 0.000000% 0.000000% 0.000000% 0.098034% 60 Days 0.204290% 0.000000% 0.000000% 0.000000% 0.204290% 0.107829% 0.000000% 0.000000% 0.000000% 0.107829% 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% 0.102145% 0.000000% 0.102145% 0.000000% 0.000000% 0.053566% 0.000000% 0.053566% 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% 0.102145% 0.000000% 0.102145% 0.000000% 0.000000% 0.012977% 0.000000% 0.012977% Totals 0.306435% 0.204290% 0.204290% 0.000000% 0.715015% 0.205863% 0.161017% 0.066543% 0.000000% 0.433423%
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 1 0 0 0 1 60,801.01 0.00 0.00 0.00 60,801.01 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 60,801.01 0.00 0.00 0.00 60,801.01 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 2.173913% 0.000000% 0.000000% 0.000000% 2.173913% 0.403683% 0.000000% 0.000000% 0.000000% 0.403683% 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 2.173913% 0.000000% 0.000000% 0.000000% 2.173913% 0.403683% 0.000000% 0.000000% 0.000000% 0.403683% 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 1 0 0 1 340,904.54 0.00 0.00 340,904.54 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 1 0 0 1 0.00 340,904.54 0.00 0.00 340,904.54 0-29 Days 1.282051% 0.000000% 0.000000% 1.282051% 0.736320% 0.000000% 0.000000% 0.736320% 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% 1.282051% 0.000000% 0.000000% 1.282051% 0.000000% 0.736320% 0.000000% 0.000000% 0.736320% 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 1 0 0 1 487,771.80 0.00 0.00 487,771.80 30 Days 1 0 0 0 1 504,536.20 0.00 0.00 0.00 504,536.20 60 Days 1 0 0 0 1 494,140.98 0.00 0.00 0.00 494,140.98 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 1 0 1 0.00 0.00 275,679.14 0.00 275,679.14 150 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 66,787.39 0.00 66,787.39 Totals 2 1 2 0 5 998,677.18 487,771.80 342,466.53 0.00 1,828,915.51 0-29 Days 0.169205% 0.000000% 0.000000% 0.169205% 0.149012% 0.000000% 0.000000% 0.149012% 30 Days 0.169205% 0.000000% 0.000000% 0.000000% 0.169205% 0.154133% 0.000000% 0.000000% 0.000000% 0.154133% 60 Days 0.169205% 0.000000% 0.000000% 0.000000% 0.169205% 0.150958% 0.000000% 0.000000% 0.000000% 0.150958% 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% 0.169205% 0.000000% 0.169205% 0.000000% 0.000000% 0.084219% 0.000000% 0.084219% 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% 0.169205% 0.000000% 0.169205% 0.000000% 0.000000% 0.020403% 0.000000% 0.020403% Totals 0.338409% 0.169205% 0.338409% 0.000000% 0.846024% 0.305091% 0.149012% 0.104622% 0.000000% 0.558725% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 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%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 703,075,872.00 99.99998578% 514,652,188.13 99.99999996% 92.521265% 0.000000% Class 1-A-1 675,852,872.00 96.12800023% 501,163,546.22 97.37907612% 2.620924% 35.045014% Class 1-A-2 675,852,872.00 96.12800023% 501,163,546.22 97.37907612% 0.000000% 0.000000% Class 2-A-1 624,805,872.00 88.86747619% 457,827,159.35 88.95855681% 8.420519% 112.592823% Class 2-A-2 624,805,872.00 88.86747619% 457,827,159.35 88.95855681% 0.000000% 0.000000% Class 3-A-1 289,180,872.00 41.13081424% 225,073,625.86 43.73315240% 45.225404% 604.719944% Class 3-A-2 189,180,872.00 26.90760025% 155,724,342.14 30.25817157% 13.474981% 180.177264% Class 3-A-3 189,180,872.00 26.90760025% 155,724,342.14 30.25817157% 0.000000% 0.000000% Class 4-A-1 38,670,872.00 5.50024088% 38,489,475.33 7.47873539% 22.779436% 304.589413% Class 4-A-2 38,670,872.00 5.50024088% 38,489,475.33 7.47873539% 0.000000% 0.000000% Class B-1 14,064,872.00 2.00047684% 13,998,896.73 2.72006941% 4.758666% 63.629287% Class B-2 8,792,872.00 1.25062900% 8,751,626.54 1.70049341% 1.019576% 13.633000% Class B-3 5,278,872.00 0.75082526% 5,254,109.95 1.02090501% 0.679588% 9.086943% Class B-4 3,521,872.00 0.50092339% 3,505,351.66 0.68111080% 0.339794% 4.543471% Class B-5 1,764,872.00 0.25102152% 1,756,593.37 0.34131660% 0.339794% 4.543471% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.341317% 4.563828% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 110,180.00 0.01567114% 110,180.00 0.02140863% Fraud 14,061,519.00 1.99999994% 14,061,519.00 2.73223729% Special Hazard 9,320,254.00 1.32563967% 7,722,175.98 1.50046500% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.851686% Weighted Average Net Coupon 5.601686% Weighted Average Pass-Through Rate 5.595936% Weighted Average Maturity(Stepdown Calculation ) 349 Beginning Scheduled Collateral Loan Count 1,016 Number Of Loans Paid In Full 37 Ending Scheduled Collateral Loan Count 979 Beginning Scheduled Collateral Balance 533,931,185.39 Ending Scheduled Collateral Balance 514,652,188.34 Ending Actual Collateral Balance at 30-Nov-2003 514,652,188.34 Monthly P &I Constant 2,816,953.57 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 21,573,818.68 Ending Scheduled Balance for Premium Loans 514,652,188.34 Scheduled Principal 213,288.69 Unscheduled Principal 19,065,708.36
Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.950885 5.939483 5.840969 Weighted Average Net Rate 5.700884 5.689483 5.590969 Weighted Average Maturity 348 348 349 Beginning Loan Count 50 78 620 Loans Paid In Full 4 0 29 Ending Loan Count 46 78 591 Beginning Scheduled Balance 16,045,964.83 46,319,523.54 343,962,171.91 Ending scheduled Balance 15,061,587.19 46,298,446.63 327,337,558.59 Record Date 11/30/2003 11/30/2003 11/30/2003 Principal And Interest Constant 88,199.50 240,481.50 1,811,882.86 Scheduled Principal 8,626.42 11,219.82 137,655.95 Unscheduled Principal 975,751.22 9,857.09 16,486,957.37 Scheduled Interest 79,573.08 229,261.68 1,674,226.91 Servicing Fees 3,342.92 9,649.90 71,658.80 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 76.89 221.95 1,648.15 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 76,153.27 219,389.83 1,600,919.96 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.695135 5.683733 5.585219
Group Level Collateral Statement Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.836233 5.851686 Weighted Average Net Rate 5.586233 5.601686 Weighted Average Maturity 349 349 Beginning Loan Count 268 1,016 Loans Paid In Full 4 37 Ending Loan Count 264 979 Beginning Scheduled Balance 127,603,525.11 533,931,185.39 Ending scheduled Balance 125,954,595.93 514,652,188.34 Record Date 11/30/2003 11/30/2003 Principal And Interest Constant 676,389.71 2,816,953.57 Scheduled Principal 55,786.50 213,288.69 Unscheduled Principal 1,593,142.68 19,065,708.36 Scheduled Interest 620,603.21 2,603,664.88 Servicing Fees 26,584.06 111,235.68 Master Servicing Fees 0.00 0.00 Trustee Fee 611.43 2,558.42 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 593,407.72 2,489,870.78 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.580483 5.595936
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