-----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, RlrG0npmDGQnWgnW9DasaqWmqL3M2vNdEZBSZr4MU0dap1sX1HvlJYH0H+122IS3 ERICTaXLZkCOBJyJKTJzmw== 0001056404-03-001546.txt : 20030908 0001056404-03-001546.hdr.sgml : 20030908 20030905181333 ACCESSION NUMBER: 0001056404-03-001546 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: MORGAN STANLEY DEAN WITTER CAPITAL I INC M P TH C S 03 HYB1 CENTRAL INDEX KEY: 0001221229 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: 333-83986-16 FILM NUMBER: 03884653 BUSINESS ADDRESS: STREET 1: 1585 BROADWAY STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 8-K 1 msc03hy1.txt AUGUST 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): August 25, 2003 MORGAN STANLEY DEAN WITTER CAPITAL I INC. Mortgage Pass-Through Certificates, Series 2003-HYB1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-83986-16 54-2102381 Pooling and Servicing Agreement) (Commission 54-2102382 (State or other File Number) IRS EIN jurisdiction of Incorporation) 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 MORGAN STANLEY DEAN WITTER CAPITAL I INC., Mortgage Pass-Through Certificates, Series 2003-HYB1 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-HYB1 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. MORGAN STANLEY DEAN WITTER CAPITAL I INC. Mortgage Pass-Through Certificates, Series 2003-HYB1 Trust By: Wells Fargo Bank Minnesota, N.A., as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 9/5/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-HYB1 Trust, relating to the August 25, 2003 distribution. EX-99.1
Morgan Stanley Capital I Inc. Mortgage Pass-Through Certificates Record Date: 7/31/03 Distribution Date: 8/25/03 MSMC Series: 2003-HYB1 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1 61746WB74 SEN 3.70000% 38,406,476.73 118,419.97 1,515,073.65 A-2 61746WB82 SEN 4.30000% 197,517,107.02 707,769.63 7,791,731.78 A-3 61746WB90 SEN 4.60000% 33,503,759.59 128,431.08 1,321,669.36 A-4 61746WC24 SEN 4.20000% 9,572,502.74 33,503.76 377,619.82 A-R MSC03H1AR RES 4.25000% 0.00 1,664.29 0.00 A-X 61746WC65 IO 4.25000% 0.00 16,485.42 0.00 B-1 61746WC32 SUB 4.25000% 3,307,000.00 11,712.29 0.00 B-2 61746WC40 SUB 4.25000% 2,405,000.00 8,517.71 0.00 B-3 61746WC57 SUB 4.25000% 1,653,000.00 5,854.38 0.00 B-4 MSC03H1B4 SUB 4.25000% 601,000.00 2,128.54 0.00 B-5 MSC03H1B5 SUB 4.25000% 301,000.00 1,066.04 0.00 B-6 MSC03H1B6 SUB 4.25000% 902,524.55 3,196.44 0.00 Totals 288,169,370.63 1,038,749.55 11,006,094.61
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 36,891,403.07 1,633,493.62 0.00 A-2 0.00 189,725,375.24 8,499,501.41 0.00 A-3 0.00 32,182,090.23 1,450,100.44 0.00 A-4 0.00 9,194,882.92 411,123.58 0.00 A-R 0.00 0.00 1,664.29 0.00 A-X 0.00 0.00 16,485.42 0.00 B-1 0.00 3,307,000.00 11,712.29 0.00 B-2 0.00 2,405,000.00 8,517.71 0.00 B-3 0.00 1,653,000.00 5,854.38 0.00 B-4 0.00 601,000.00 2,128.54 0.00 B-5 0.00 301,000.00 1,066.04 0.00 B-6 0.00 902,524.55 3,196.44 0.00 Totals 0.00 277,163,276.01 12,044,844.16 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 40,121,667.00 38,406,476.73 0.00 1,515,073.65 0.00 0.00 A-2 206,338,000.00 197,517,107.02 0.00 7,791,731.78 0.00 0.00 A-3 35,000,000.00 33,503,759.59 0.00 1,321,669.36 0.00 0.00 A-4 10,000,000.00 9,572,502.74 0.00 377,619.82 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 A-X 0.00 0.00 0.00 0.00 0.00 0.00 B-1 3,307,000.00 3,307,000.00 0.00 0.00 0.00 0.00 B-2 2,405,000.00 2,405,000.00 0.00 0.00 0.00 0.00 B-3 1,653,000.00 1,653,000.00 0.00 0.00 0.00 0.00 B-4 601,000.00 601,000.00 0.00 0.00 0.00 0.00 B-5 301,000.00 301,000.00 0.00 0.00 0.00 0.00 B-6 902,524.55 902,524.55 0.00 0.00 0.00 0.00 Totals 300,629,291.55 288,169,370.63 0.00 11,006,094.61 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1 1,515,073.65 36,891,403.07 0.91948829 1,515,073.65 A-2 7,791,731.78 189,725,375.24 0.91948829 7,791,731.78 A-3 1,321,669.36 32,182,090.23 0.91948829 1,321,669.36 A-4 377,619.82 9,194,882.92 0.91948829 377,619.82 A-R 0.00 0.00 0.00000000 0.00 A-X 0.00 0.00 0.00000000 0.00 B-1 0.00 3,307,000.00 1.00000000 0.00 B-2 0.00 2,405,000.00 1.00000000 0.00 B-3 0.00 1,653,000.00 1.00000000 0.00 B-4 0.00 601,000.00 1.00000000 0.00 B-5 0.00 301,000.00 1.00000000 0.00 B-6 0.00 902,524.55 1.00000000 0.00 Totals 11,006,094.61 277,163,276.01 0.92194368 11,006,094.61
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 40,121,667.00 957.25027402 0.00000000 37.76198157 0.00000000 A-2 206,338,000.00 957.25027392 0.00000000 37.76198170 0.00000000 A-3 35,000,000.00 957.25027400 0.00000000 37.76198171 0.00000000 A-4 10,000,000.00 957.25027400 0.00000000 37.76198200 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 3,307,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 2,405,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 1,653,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 601,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-5 301,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-6 902,524.55 1000.00000000 0.00000000 0.00000000 0.00000000
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 37.76198157 919.48829220 0.91948829 37.76198157 A-2 0.00000000 37.76198170 919.48829222 0.91948829 37.76198170 A-3 0.00000000 37.76198171 919.48829229 0.91948829 37.76198171 A-4 0.00000000 37.76198200 919.48829200 0.91948829 37.76198200 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-1 40,121,667.00 3.70000% 38,406,476.73 118,419.97 0.00 0.00 A-2 206,338,000.00 4.30000% 197,517,107.02 707,769.63 0.00 0.00 A-3 35,000,000.00 4.60000% 33,503,759.59 128,431.08 0.00 0.00 A-4 10,000,000.00 4.20000% 9,572,502.74 33,503.76 0.00 0.00 A-R 100.00 4.25000% 0.00 1,664.29 0.00 0.00 A-X 0.00 4.25000% 4,654,706.77 16,485.42 0.00 0.00 B-1 3,307,000.00 4.25000% 3,307,000.00 11,712.29 0.00 0.00 B-2 2,405,000.00 4.25000% 2,405,000.00 8,517.71 0.00 0.00 B-3 1,653,000.00 4.25000% 1,653,000.00 5,854.38 0.00 0.00 B-4 601,000.00 4.25000% 601,000.00 2,128.54 0.00 0.00 B-5 301,000.00 4.25000% 301,000.00 1,066.04 0.00 0.00 B-6 902,524.55 4.25000% 902,524.55 3,196.44 0.00 0.00 Totals 300,629,291.55 1,038,749.55 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1 0.00 0.00 118,419.97 0.00 36,891,403.07 A-2 0.00 0.00 707,769.63 0.00 189,725,375.24 A-3 0.00 0.00 128,431.08 0.00 32,182,090.23 A-4 0.00 0.00 33,503.76 0.00 9,194,882.92 A-R 0.00 0.00 1,664.29 0.00 0.00 A-X 0.00 0.00 16,485.42 0.00 4,381,097.05 B-1 0.00 0.00 11,712.29 0.00 3,307,000.00 B-2 0.00 0.00 8,517.71 0.00 2,405,000.00 B-3 0.00 0.00 5,854.38 0.00 1,653,000.00 B-4 0.00 0.00 2,128.54 0.00 601,000.00 B-5 0.00 0.00 1,066.04 0.00 301,000.00 B-6 0.00 0.00 3,196.44 0.00 902,524.55 Totals 0.00 0.00 1,038,749.55 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-1 40,121,667.00 3.70000% 957.25027402 2.95152168 0.00000000 0.00000000 A-2 206,338,000.00 4.30000% 957.25027392 3.43014680 0.00000000 0.00000000 A-3 35,000,000.00 4.60000% 957.25027400 3.66945943 0.00000000 0.00000000 A-4 10,000,000.00 4.20000% 957.25027400 3.35037600 0.00000000 0.00000000 A-R 100.00 4.25000% 0.00000000 16642.90000000 0.00000000 0.00000000 A-X 0.00 4.25000% 871.60639970 3.08693937 0.00000000 0.00000000 B-1 3,307,000.00 4.25000% 1000.00000000 3.54166616 0.00000000 0.00000000 B-2 2,405,000.00 4.25000% 1000.00000000 3.54166736 0.00000000 0.00000000 B-3 1,653,000.00 4.25000% 1000.00000000 3.54166969 0.00000000 0.00000000 B-4 601,000.00 4.25000% 1000.00000000 3.54166389 0.00000000 0.00000000 B-5 301,000.00 4.25000% 1000.00000000 3.54166113 0.00000000 0.00000000 B-6 902,524.55 4.25000% 1000.00000000 3.54166543 0.00000000 0.00000000 (5) Per $1 denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1 0.00000000 0.00000000 2.95152168 0.00000000 919.48829220 A-2 0.00000000 0.00000000 3.43014680 0.00000000 919.48829222 A-3 0.00000000 0.00000000 3.66945943 0.00000000 919.48829229 A-4 0.00000000 0.00000000 3.35037600 0.00000000 919.48829200 A-R 0.00000000 0.00000000 16642.90000000 0.00000000 0.00000000 A-X 0.00000000 0.00000000 3.08693937 0.00000000 820.37224151 B-1 0.00000000 0.00000000 3.54166616 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 3.54166736 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 3.54166969 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 3.54166389 0.00000000 1000.00000000 B-5 0.00000000 0.00000000 3.54166113 0.00000000 1000.00000000 B-6 0.00000000 0.00000000 3.54166543 0.00000000 1000.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 12,210,048.71 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 1,804.48 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 12,211,853.19 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 167,009.03 Payment of Interest and Principal 12,044,844.16 Total Withdrawals (Pool Distribution Amount) 12,211,853.19 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 167,009.03 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 167,009.03
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 10,000.00 0.00 0.00 10,000.00
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 1 0 0 0 1 509,500.00 0.00 0.00 0.00 509,500.00 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 1 0 0 0 1 509,500.00 0.00 0.00 0.00 509,500.00 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.149254% 0.000000% 0.000000% 0.000000% 0.149254% 0.183827% 0.000000% 0.000000% 0.000000% 0.183827% 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 0.149254% 0.000000% 0.000000% 0.000000% 0.149254% 0.183827% 0.000000% 0.000000% 0.000000% 0.183827%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 1,804.48
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.03326356% 100,000.00 0.03607982% Fraud 4,591,388.00 1.52725903% 4,591,388.00 1.65656434% Special Hazard 4,000,000.00 1.33054234% 4,000,000.00 1.44319264% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description 5/1 CMT ARM Weighted Average Gross Coupon 5.021041% Weighted Average Net Coupon 4.325579% Weighted Average Pass-Through Rate 4.325579% Weighted Average Maturity(Stepdown Calculation ) 352 Beginning Scheduled Collateral Loan Count 692 Number Of Loans Paid In Full 22 Ending Scheduled Collateral Loan Count 670 Beginning Scheduled Collateral Balance 288,169,371.07 Ending Scheduled Collateral Balance 277,163,276.46 Ending Actual Collateral Balance at 31-Jul-2003 277,163,276.46 Monthly P &I Constant 1,205,758.58 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 277,163,276.46 Scheduled Principal 0.00 Unscheduled Principal 11,006,094.61
-----END PRIVACY-ENHANCED MESSAGE-----