-----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, BauJSdRmCRD4FUH2mVvefMIjkr8B8A4454nyNGIDtTu+e9G9c2nSshAP/tfcDzuk QF6dbYGVaqxZ+kQtE5+ySQ== 0001056404-03-001544.txt : 20030908 0001056404-03-001544.hdr.sgml : 20030908 20030905180917 ACCESSION NUMBER: 0001056404-03-001544 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: SALOMON MORTGAGE LOAN TRUST SERIES 2003-NBC1 CENTRAL INDEX KEY: 0001224423 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: 333-83816-09 FILM NUMBER: 03884645 BUSINESS ADDRESS: STREET 1: 388 GREENWICH ST CITY: NEW YORK STATE: NY ZIP: 10013 8-K 1 sal03nb1.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 SALOMON BROTHERS MORTGAGE SECURITIES VII, INC. Mortgage Pass-Through Certificates, Series 2003-NBC1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-83816-09 54-2105542 Pooling and Servicing Agreement) (Commission 54-2105543 (State or other File Number) 54-2105544 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On August 25, 2003 a distribution was made to holders of SALOMON BROTHERS MORTGAGE SECURITIES VII, INC., Mortgage Pass-Through Certificates, Series 2003-NBC1 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-NBC1 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. SALOMON BROTHERS MORTGAGE SECURITIES VII, INC. Mortgage Pass-Through Certificates, Series 2003-NBC1 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-NBC1 Trust, relating to the August 25, 2003 distribution. EX-99.1
Salomon Brothers Mortgage Securities VII, Inc. Mortgage Pass-Through Certificates Record Date: 7/31/03 Distribution Date: 8/25/03 SBMSVII Series: 2003-NBC1 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 AV-1 79549ASB6 SEN 5.30152% 118,080,465.97 521,671.65 8,798,187.97 AV-2 79549ASC4 SEN 6.35424% 45,136,363.08 239,005.89 4,213,860.53 AV-3 79549ASD2 SEN 5.97666% 55,372,077.39 275,783.53 5,301,903.18 AV-4 79549ASE0 SEN 5.27745% 90,991,096.83 400,167.58 3,262,467.67 AF 79549ASF7 SEN 6.25000% 155,870,578.66 811,825.93 9,272,294.06 PO SAL03NBPO SEN 0.00000% 6,753,571.38 0.00 253,831.55 IO SAL03NBIO SEN 0.96521% 0.00 86,816.69 0.00 BV-1 SAL03NBV1 SUB 5.57947% 18,064,343.77 83,991.28 34,083.56 BV-2 SAL03NBV2 SUB 5.57947% 9,563,067.51 44,464.07 18,043.47 BV-3 SAL03NBV3 SUB 5.57947% 7,226,134.44 33,598.36 13,634.17 BV-4 SAL03NBV4 SUB 5.57947% 5,099,574.96 23,710.79 9,621.81 BV-5 SAL03NBV5 SUB 5.57947% 4,038,776.05 18,778.54 7,620.31 BV-6 SAL03NBV6 SUB 5.57947% 4,888,088.55 22,727.47 9,222.78 BF-1 SAL03NBF1 SUB 6.25000% 4,289,902.64 22,343.25 17,416.42 BF-2 SAL03NBF2 SUB 6.25000% 3,003,226.95 15,641.81 12,192.69 BF-3 SAL03NBF3 SUB 6.25000% 1,823,774.25 9,498.82 7,404.27 BF-4 SAL03NBF4 SUB 6.25000% 1,287,659.38 6,706.56 5,227.72 BF-5 SAL03NBF5 SUB 6.25000% 857,783.79 4,467.63 3,482.49 BF-6 SAL03NBF6 SUB 6.25000% 1,609,332.82 8,381.94 6,533.67 R-I SAL03NBR1 SEN 5.33833% 0.00 0.00 0.00 R-II SAL03NBR2 SEN 6.25000% 0.00 0.00 0.00 R-III SAL03NBR3 SEN 0.00000% 0.00 0.00 0.00 Totals 533,955,818.42 2,629,581.79 31,247,028.32
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses AV-1 0.00 109,282,278.01 9,319,859.62 0.00 AV-2 0.00 40,922,502.55 4,452,866.42 0.00 AV-3 0.00 50,070,174.21 5,577,686.71 0.00 AV-4 0.00 87,728,629.16 3,662,635.25 0.00 AF 0.00 146,598,284.60 10,084,119.99 0.00 PO 0.00 6,499,739.83 253,831.55 0.00 IO 0.00 0.00 86,816.69 0.00 BV-1 0.00 18,030,260.21 118,074.84 0.00 BV-2 0.00 9,545,024.04 62,507.54 0.00 BV-3 0.00 7,212,500.27 47,232.53 0.00 BV-4 0.00 5,089,953.16 33,332.60 0.00 BV-5 0.00 4,031,155.74 26,398.85 0.00 BV-6 0.00 4,878,865.78 31,950.25 0.00 BF-1 0.00 4,272,486.22 39,759.67 0.00 BF-2 0.00 2,991,034.26 27,834.50 0.00 BF-3 0.00 1,816,369.97 16,903.09 0.00 BF-4 0.00 1,282,431.66 11,934.28 0.00 BF-5 0.00 854,301.30 7,950.12 0.00 BF-6 0.00 1,602,799.15 14,915.61 2.44 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 Totals 0.00 502,708,790.12 33,876,610.11 2.44 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) AV-1 145,500,000.00 118,080,465.97 320,455.72 8,477,732.25 0.00 0.00 AV-2 55,149,000.00 45,136,363.08 56,463.83 4,157,396.70 0.00 0.00 AV-3 73,406,000.00 55,372,077.39 68,156.98 5,233,746.20 0.00 0.00 AV-4 105,016,000.00 90,991,096.83 140,107.33 3,122,360.34 0.00 0.00 AF 197,025,120.80 155,870,578.66 632,813.29 8,639,480.77 0.00 0.00 PO 7,970,879.20 6,753,571.38 28,986.45 224,845.11 0.00 0.00 IO 0.00 0.00 0.00 0.00 0.00 0.00 BV-1 18,204,000.00 18,064,343.77 34,083.56 0.00 0.00 0.00 BV-2 9,637,000.00 9,563,067.51 18,043.47 0.00 0.00 0.00 BV-3 7,282,000.00 7,226,134.44 13,634.17 0.00 0.00 0.00 BV-4 5,139,000.00 5,099,574.96 9,621.81 0.00 0.00 0.00 BV-5 4,070,000.00 4,038,776.05 7,620.31 0.00 0.00 0.00 BV-6 4,925,878.58 4,888,088.55 9,222.78 0.00 0.00 0.00 BF-1 4,361,000.00 4,289,902.64 17,416.42 0.00 0.00 0.00 BF-2 3,053,000.00 3,003,226.95 12,192.69 0.00 0.00 0.00 BF-3 1,854,000.00 1,823,774.25 7,404.27 0.00 0.00 0.00 BF-4 1,309,000.00 1,287,659.38 5,227.72 0.00 0.00 0.00 BF-5 872,000.00 857,783.79 3,482.49 0.00 0.00 0.00 BF-6 1,636,004.60 1,609,332.82 6,533.67 0.00 0.00 0.00 R-I 100.00 0.00 0.00 0.00 0.00 0.00 R-II 100.00 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 0.00 Totals 646,410,083.18 533,955,818.42 1,391,466.96 29,855,561.37 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 AV-1 8,798,187.97 109,282,278.01 0.75108095 8,798,187.97 AV-2 4,213,860.53 40,922,502.55 0.74203526 4,213,860.53 AV-3 5,301,903.18 50,070,174.21 0.68209920 5,301,903.18 AV-4 3,262,467.67 87,728,629.16 0.83538346 3,262,467.67 AF 9,272,294.06 146,598,284.60 0.74405885 9,272,294.06 PO 253,831.55 6,499,739.83 0.81543575 253,831.55 IO 0.00 0.00 0.00000000 0.00 BV-1 34,083.56 18,030,260.21 0.99045596 34,083.56 BV-2 18,043.47 9,545,024.04 0.99045596 18,043.47 BV-3 13,634.17 7,212,500.27 0.99045596 13,634.17 BV-4 9,621.81 5,089,953.16 0.99045596 9,621.81 BV-5 7,620.31 4,031,155.74 0.99045596 7,620.31 BV-6 9,222.78 4,878,865.78 0.99045596 9,222.78 BF-1 17,416.42 4,272,486.22 0.97970333 17,416.42 BF-2 12,192.69 2,991,034.26 0.97970333 12,192.69 BF-3 7,404.27 1,816,369.97 0.97970333 7,404.27 BF-4 5,227.72 1,282,431.66 0.97970333 5,227.72 BF-5 3,482.49 854,301.30 0.97970333 3,482.49 BF-6 6,533.67 1,602,799.15 0.97970333 6,533.67 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 Totals 31,247,028.32 502,708,790.12 0.77769330 31,247,028.32
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion AV-1 145,500,000.00 811.54959430 2.20244481 58.26620103 0.00000000 AV-2 55,149,000.00 818.44390796 1.02384141 75.38480661 0.00000000 AV-3 73,406,000.00 754.32631379 0.92849331 71.29861592 0.00000000 AV-4 105,016,000.00 866.44984412 1.33415222 29.73223452 0.00000000 AF 197,025,120.80 791.12033038 3.21184064 43.84964077 0.00000000 PO 7,970,879.20 847.28060864 3.63654363 28.20831986 0.00000000 IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 BV-1 18,204,000.00 992.32826686 1.87231158 0.00000000 0.00000000 BV-2 9,637,000.00 992.32826710 1.87231192 0.00000000 0.00000000 BV-3 7,282,000.00 992.32826696 1.87231118 0.00000000 0.00000000 BV-4 5,139,000.00 992.32826620 1.87231173 0.00000000 0.00000000 BV-5 4,070,000.00 992.32826781 1.87231204 0.00000000 0.00000000 BV-6 4,925,878.58 992.32826604 1.87231168 0.00000000 0.00000000 BF-1 4,361,000.00 983.69700527 3.99367576 0.00000000 0.00000000 BF-2 3,053,000.00 983.69700295 3.99367507 0.00000000 0.00000000 BF-3 1,854,000.00 983.69700647 3.99367314 0.00000000 0.00000000 BF-4 1,309,000.00 983.69700535 3.99367456 0.00000000 0.00000000 BF-5 872,000.00 983.69700688 3.99368119 0.00000000 0.00000000 BF-6 1,636,004.60 983.69700183 3.99367459 0.00000000 0.00000000 R-I 100.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 100.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per $1,000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution AV-1 0.00000000 60.46864584 751.08094852 0.75108095 60.46864584 AV-2 0.00000000 76.40864803 742.03525993 0.74203526 76.40864803 AV-3 0.00000000 72.22710923 682.09920456 0.68209920 72.22710923 AV-4 0.00000000 31.06638674 835.38345738 0.83538346 31.06638674 AF 0.00000000 47.06148141 744.05884897 0.74405885 47.06148141 PO 0.00000000 31.84486223 815.43574641 0.81543575 31.84486223 IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 BV-1 0.00000000 1.87231158 990.45595528 0.99045596 1.87231158 BV-2 0.00000000 1.87231192 990.45595517 0.99045596 1.87231192 BV-3 0.00000000 1.87231118 990.45595578 0.99045596 1.87231118 BV-4 0.00000000 1.87231173 990.45595641 0.99045596 1.87231173 BV-5 0.00000000 1.87231204 990.45595577 0.99045596 1.87231204 BV-6 0.00000000 1.87231168 990.45595639 0.99045596 1.87231168 BF-1 0.00000000 3.99367576 979.70332951 0.97970333 3.99367576 BF-2 0.00000000 3.99367507 979.70332787 0.97970333 3.99367507 BF-3 0.00000000 3.99367314 979.70332794 0.97970333 3.99367314 BF-4 0.00000000 3.99367456 979.70333079 0.97970333 3.99367456 BF-5 0.00000000 3.99368119 979.70332569 0.97970333 3.99368119 BF-6 0.00000000 3.99367459 979.70332724 0.97970333 3.99367459 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 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 AV-1 145,500,000.00 5.30152% 118,080,465.97 521,671.65 0.00 0.00 AV-2 55,149,000.00 6.35424% 45,136,363.08 239,005.89 0.00 0.00 AV-3 73,406,000.00 5.97666% 55,372,077.39 275,783.53 0.00 0.00 AV-4 105,016,000.00 5.27745% 90,991,096.83 400,167.58 0.00 0.00 AF 197,025,120.80 6.25000% 155,870,578.66 811,825.93 0.00 0.00 PO 7,970,879.20 0.00000% 6,753,571.38 0.00 0.00 0.00 IO 0.00 0.96521% 107,936,033.81 86,817.79 0.00 0.00 BV-1 18,204,000.00 5.57947% 18,064,343.77 83,991.28 0.00 0.00 BV-2 9,637,000.00 5.57947% 9,563,067.51 44,464.07 0.00 0.00 BV-3 7,282,000.00 5.57947% 7,226,134.44 33,598.36 0.00 0.00 BV-4 5,139,000.00 5.57947% 5,099,574.96 23,710.79 0.00 0.00 BV-5 4,070,000.00 5.57947% 4,038,776.05 18,778.54 0.00 0.00 BV-6 4,925,878.58 5.57947% 4,888,088.55 22,727.47 0.00 0.00 BF-1 4,361,000.00 6.25000% 4,289,902.64 22,343.24 0.00 0.00 BF-2 3,053,000.00 6.25000% 3,003,226.95 15,641.81 0.00 0.00 BF-3 1,854,000.00 6.25000% 1,823,774.25 9,498.82 0.00 0.00 BF-4 1,309,000.00 6.25000% 1,287,659.38 6,706.56 0.00 0.00 BF-5 872,000.00 6.25000% 857,783.79 4,467.62 0.00 0.00 BF-6 1,636,004.60 6.25000% 1,609,332.82 8,381.94 0.00 0.00 R-I 100.00 5.33833% 0.00 0.00 0.00 0.00 R-II 100.00 6.25000% 0.00 0.00 0.00 0.00 R-III 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 646,410,083.18 2,629,582.87 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 AV-1 0.00 0.00 521,671.65 0.00 109,282,278.01 AV-2 0.00 0.00 239,005.89 0.00 40,922,502.55 AV-3 0.00 0.00 275,783.53 0.00 50,070,174.21 AV-4 0.00 0.00 400,167.58 0.00 87,728,629.16 AF 0.00 0.00 811,825.93 0.00 146,598,284.60 PO 0.00 0.00 0.00 0.00 6,499,739.83 IO 1.10 0.00 86,816.69 0.00 101,681,129.10 BV-1 0.00 0.00 83,991.28 0.00 18,030,260.21 BV-2 0.00 0.00 44,464.07 0.00 9,545,024.04 BV-3 0.00 0.00 33,598.36 0.00 7,212,500.27 BV-4 0.00 0.00 23,710.79 0.00 5,089,953.16 BV-5 0.00 0.00 18,778.54 0.00 4,031,155.74 BV-6 0.00 0.00 22,727.47 0.00 4,878,865.78 BF-1 0.00 0.00 22,343.25 0.00 4,272,486.22 BF-2 0.00 0.00 15,641.81 0.00 2,991,034.26 BF-3 0.00 0.00 9,498.82 0.00 1,816,369.97 BF-4 0.00 0.00 6,706.56 0.00 1,282,431.66 BF-5 0.00 0.00 4,467.63 0.00 854,301.30 BF-6 0.00 0.00 8,381.94 0.00 1,602,799.15 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 Totals 1.10 0.00 2,629,581.79 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 AV-1 145,500,000.00 5.30152% 811.54959430 3.58537216 0.00000000 0.00000000 AV-2 55,149,000.00 6.35424% 818.44390796 4.33382092 0.00000000 0.00000000 AV-3 73,406,000.00 5.97666% 754.32631379 3.75696169 0.00000000 0.00000000 AV-4 105,016,000.00 5.27745% 866.44984412 3.81053916 0.00000000 0.00000000 AF 197,025,120.80 6.25000% 791.12033038 4.12041838 0.00000000 0.00000000 PO 7,970,879.20 0.00000% 847.28060864 0.00000000 0.00000000 0.00000000 IO 0.00 0.96521% 796.39680668 0.64057765 0.00000000 0.00000000 BV-1 18,204,000.00 5.57947% 992.32826686 4.61389145 0.00000000 0.00000000 BV-2 9,637,000.00 5.57947% 992.32826710 4.61389125 0.00000000 0.00000000 BV-3 7,282,000.00 5.57947% 992.32826696 4.61389179 0.00000000 0.00000000 BV-4 5,139,000.00 5.57947% 992.32826620 4.61389181 0.00000000 0.00000000 BV-5 4,070,000.00 5.57947% 992.32826781 4.61389189 0.00000000 0.00000000 BV-6 4,925,878.58 5.57947% 992.32826604 4.61389164 0.00000000 0.00000000 BF-1 4,361,000.00 6.25000% 983.69700527 5.12342123 0.00000000 0.00000000 BF-2 3,053,000.00 6.25000% 983.69700295 5.12342286 0.00000000 0.00000000 BF-3 1,854,000.00 6.25000% 983.69700647 5.12341963 0.00000000 0.00000000 BF-4 1,309,000.00 6.25000% 983.69700535 5.12342246 0.00000000 0.00000000 BF-5 872,000.00 6.25000% 983.69700688 5.12341743 0.00000000 0.00000000 BF-6 1,636,004.60 6.25000% 983.69700183 5.12342080 0.00000000 0.00000000 R-I 100.00 5.33833% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 100.00 6.25000% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All classes are per $1,000.00 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 AV-1 0.00000000 0.00000000 3.58537216 0.00000000 751.08094852 AV-2 0.00000000 0.00000000 4.33382092 0.00000000 742.03525993 AV-3 0.00000000 0.00000000 3.75696169 0.00000000 682.09920456 AV-4 0.00000000 0.00000000 3.81053916 0.00000000 835.38345738 AF 0.00000000 0.00000000 4.12041838 0.00000000 744.05884897 PO 0.00000000 0.00000000 0.00000000 0.00000000 815.43574641 IO 0.00000812 0.00000000 0.64056953 0.00000000 750.24552650 BV-1 0.00000000 0.00000000 4.61389145 0.00000000 990.45595528 BV-2 0.00000000 0.00000000 4.61389125 0.00000000 990.45595517 BV-3 0.00000000 0.00000000 4.61389179 0.00000000 990.45595578 BV-4 0.00000000 0.00000000 4.61389181 0.00000000 990.45595641 BV-5 0.00000000 0.00000000 4.61389189 0.00000000 990.45595577 BV-6 0.00000000 0.00000000 4.61389164 0.00000000 990.45595639 BF-1 0.00000000 0.00000000 5.12342353 0.00000000 979.70332951 BF-2 0.00000000 0.00000000 5.12342286 0.00000000 979.70332787 BF-3 0.00000000 0.00000000 5.12341963 0.00000000 979.70332794 BF-4 0.00000000 0.00000000 5.12342246 0.00000000 979.70333079 BF-5 0.00000000 0.00000000 5.12342890 0.00000000 979.70332569 BF-6 0.00000000 0.00000000 5.12342080 0.00000000 979.70332724 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 34,027,304.05 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 34,027,304.05 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 150,693.94 Payment of Interest and Principal 33,876,610.11 Total Withdrawals (Pool Distribution Amount) 34,027,304.05 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 148,580.39 Trustee Fee - Wells Fargo Bank, N.A. 2,113.55 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 150,693.94
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 0.00 0.00 0.00
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 90 0 0 0 90 8,168,821.80 0.00 0.00 0.00 8,168,821.80 60 Days 12 0 0 0 12 721,768.25 0.00 0.00 0.00 721,768.25 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 102 0 0 0 102 8,890,590.05 0.00 0.00 0.00 8,890,590.05 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 1.951431% 0.000000% 0.000000% 0.000000% 1.951431% 1.624961% 0.000000% 0.000000% 0.000000% 1.624961% 60 Days 0.260191% 0.000000% 0.000000% 0.000000% 0.260191% 0.143576% 0.000000% 0.000000% 0.000000% 0.143576% 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 2.211622% 0.000000% 0.000000% 0.000000% 2.211622% 1.768537% 0.000000% 0.000000% 0.000000% 1.768537%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 36 0 0 0 36 2,693,412.75 0.00 0.00 0.00 2,693,412.75 60 Days 4 0 0 0 4 331,893.53 0.00 0.00 0.00 331,893.53 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 40 0 0 0 40 3,025,306.28 0.00 0.00 0.00 3,025,306.28 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.295918% 0.000000% 0.000000% 0.000000% 2.295918% 2.105403% 0.000000% 0.000000% 0.000000% 2.105403% 60 Days 0.255102% 0.000000% 0.000000% 0.000000% 0.255102% 0.259436% 0.000000% 0.000000% 0.000000% 0.259436% 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 2.551020% 0.000000% 0.000000% 0.000000% 2.551020% 2.364839% 0.000000% 0.000000% 0.000000% 2.364839% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 6 0 0 0 6 691,379.69 0.00 0.00 0.00 691,379.69 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 6 0 0 0 6 691,379.69 0.00 0.00 0.00 691,379.69 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.818182% 0.000000% 0.000000% 0.000000% 1.818182% 1.439084% 0.000000% 0.000000% 0.000000% 1.439084% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.818182% 0.000000% 0.000000% 0.000000% 1.818182% 1.439084% 0.000000% 0.000000% 0.000000% 1.439084% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 7 0 0 0 7 734,676.61 0.00 0.00 0.00 734,676.61 60 Days 3 0 0 0 3 206,002.10 0.00 0.00 0.00 206,002.10 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 10 0 0 0 10 940,678.71 0.00 0.00 0.00 940,678.71 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.641509% 0.000000% 0.000000% 0.000000% 2.641509% 1.233732% 0.000000% 0.000000% 0.000000% 1.233732% 60 Days 1.132075% 0.000000% 0.000000% 0.000000% 1.132075% 0.345937% 0.000000% 0.000000% 0.000000% 0.345937% 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 3.773585% 0.000000% 0.000000% 0.000000% 3.773585% 1.579669% 0.000000% 0.000000% 0.000000% 1.579669% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 3 0 0 0 3 1,046,849.23 0.00 0.00 0.00 1,046,849.23 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 3 0 0 0 3 1,046,849.23 0.00 0.00 0.00 1,046,849.23 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.996678% 0.000000% 0.000000% 0.000000% 0.996678% 1.033715% 0.000000% 0.000000% 0.000000% 1.033715% 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 0.996678% 0.000000% 0.000000% 0.000000% 0.996678% 1.033715% 0.000000% 0.000000% 0.000000% 1.033715% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 5 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 38 0 0 0 38 3,002,503.52 0.00 0.00 0.00 3,002,503.52 60 Days 5 0 0 0 5 183,872.62 0.00 0.00 0.00 183,872.62 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 43 0 0 0 43 3,186,376.14 0.00 0.00 0.00 3,186,376.14 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.769088% 0.000000% 0.000000% 0.000000% 1.769088% 1.809637% 0.000000% 0.000000% 0.000000% 1.809637% 60 Days 0.232775% 0.000000% 0.000000% 0.000000% 0.232775% 0.110822% 0.000000% 0.000000% 0.000000% 0.110822% 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 2.001862% 0.000000% 0.000000% 0.000000% 2.001862% 1.920459% 0.000000% 0.000000% 0.000000% 1.920459%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 68,569.61
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 154,195.00 0.02385405% 154,195.00 0.03067283% Fraud 6,464,100.84 1.00000000% 6,464,100.84 1.28585395% Special Hazard 3,232,051.00 0.50000009% 3,232,051.00 0.64292709% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 6.248328% Weighted Average Pass-Through Rate 5.909661% Weighted Average Maturity(Stepdown Calculation ) 331 Beginning Scheduled Collateral Loan Count 4,831 Number Of Loans Paid In Full 219 Ending Scheduled Collateral Loan Count 4,612 Beginning Scheduled Collateral Balance 533,955,818.47 Ending Scheduled Collateral Balance 502,708,790.14 Ending Actual Collateral Balance at 31-Jul-2003 502,708,790.14 Monthly P &I Constant 4,171,742.68 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 33,183,985.78 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 502,708,790.14 Scheduled Principal 1,391,466.96 Unscheduled Principal 29,855,561.37
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.681270 6.733985 6.356413 Weighted Average Net Rate 5.306270 6.358985 5.981413 Weighted Average Maturity 268 323 332 Beginning Loan Count 1,634 353 287 Loans Paid In Full 66 23 22 Ending Loan Count 1,568 330 265 Beginning Scheduled Balance 136,777,563.47 52,265,821.66 64,862,687.02 Ending scheduled Balance 127,928,633.90 48,043,042.45 59,549,101.94 Record Date 07/31/2003 07/31/2003 07/31/2003 Principal And Interest Constant 1,018,755.90 358,680.24 423,417.23 Scheduled Principal 371,197.32 65,382.51 79,838.88 Unscheduled Principal 8,477,732.25 4,157,396.70 5,233,746.20 Scheduled Interest 647,558.58 293,297.73 343,578.35 Servicing Fees 42,743.00 16,333.07 20,269.58 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 541.41 206.88 256.75 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 604,274.17 276,757.78 323,052.02 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.301520 6.354235 5.976663
Group Level Collateral Statement Group Group 4 Group 5 Total Collateral Description Mixed ARM Mixed Fixed Mixed Fixed & Arm Weighted Average Coupon Rate 5.657201 6.857865 6.248328 Weighted Average Net Rate 5.282201 6.607865 5.914411 Weighted Average Maturity 323 182 331 Beginning Loan Count 312 2,245 4,831 Loans Paid In Full 11 97 219 Ending Loan Count 301 2,148 4,612 Beginning Scheduled Balance 104,553,916.45 175,495,829.87 533,955,818.47 Ending scheduled Balance 101,270,564.86 165,917,446.99 502,708,790.14 Record Date 07/31/2003 07/31/2003 07/31/2003 Principal And Interest Constant 653,893.39 1,716,995.92 4,171,742.68 Scheduled Principal 160,991.25 714,057.00 1,391,466.96 Unscheduled Principal 3,122,360.34 8,864,325.88 29,855,561.37 Scheduled Interest 492,902.14 1,002,938.92 2,780,275.72 Servicing Fees 32,673.10 36,561.64 148,580.39 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 413.86 694.65 2,113.55 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 459,815.18 965,682.63 2,629,581.78 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.277451 6.603115 5.909661
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