-----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, U2pFn5U00SjY97UTE6WIAqlzU0CUBSPy5QNp9UA9FwBKp97gezpHRKwod3B01cqB g5M9OjMEBIqYm5ZcOoDKgw== 0001056404-03-001806.txt : 20031006 0001056404-03-001806.hdr.sgml : 20031006 20031006145142 ACCESSION NUMBER: 0001056404-03-001806 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030925 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031006 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: 03929596 BUSINESS ADDRESS: STREET 1: 388 GREENWICH ST CITY: NEW YORK STATE: NY ZIP: 10013 8-K 1 sal03nb1_sep.txt SEPTEMBER 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): September 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) 54-2105542 54-2105543 New York (governing law of 333-83816-09 54-2105544 Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction 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 September 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 September 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-NB1 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 10/4/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificatess, Series 2003-NB1 Trust, relating to the September 25, 2003 distribution. EX-99.1
Salomon Brothers Mortgage Securities VII, Inc. Mortgage Pass-Through Certificates Record Date: 8/31/03 Distribution Date: 9/25/03 SBMSVII Series: 2003-NB1 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 5.22570% 109,282,278.01 475,896.78 6,470,143.93 AV-2 79549ASC4 SEN 6.30926% 40,922,502.55 215,158.95 1,490,424.31 AV-3 79549ASD2 SEN 5.93856% 50,070,174.21 247,787.25 4,424,932.28 AV-4 79549ASE0 SEN 5.25166% 87,728,629.16 383,933.81 7,680,294.17 AF 79549ASF7 SEN 6.25000% 146,598,284.60 763,532.73 11,652,356.61 PO SAL03NBPO SEN 0.00000% 6,499,739.83 0.00 509,119.94 IO SAL03NBIO SEN 0.96183% 0.00 81,498.52 0.00 BV-1 SAL03NBV1 SUB 5.52955% 18,030,260.21 83,082.68 34,806.38 BV-2 SAL03NBV2 SUB 5.52955% 9,545,024.04 43,983.07 18,426.12 BV-3 SAL03NBV3 SUB 5.52955% 7,212,500.27 33,234.90 13,923.32 BV-4 SAL03NBV4 SUB 5.52955% 5,089,953.16 23,454.29 9,825.86 BV-5 SAL03NBV5 SUB 5.52955% 4,031,155.74 18,575.40 7,781.91 BV-6 SAL03NBV6 SUB 5.52955% 4,878,865.78 22,481.61 9,418.37 BF-1 SAL03NBF1 SUB 6.25000% 4,272,486.22 22,252.53 17,453.73 BF-2 SAL03NBF2 SUB 6.25000% 2,991,034.26 15,578.31 12,218.81 BF-3 SAL03NBF3 SUB 6.25000% 1,816,369.97 9,460.25 7,420.14 BF-4 SAL03NBF4 SUB 6.25000% 1,282,431.66 6,679.32 5,238.92 BF-5 SAL03NBF5 SUB 6.25000% 854,301.30 4,449.48 3,489.95 BF-6 SAL03NBF6 SUB 6.25000% 1,602,799.15 8,347.92 6,547.67 R-I SAL03NBR1 SEN 5.34098% 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 502,708,790.12 2,459,387.80 32,373,822.42
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses AV-1 0.00 102,812,134.08 6,946,040.71 0.00 AV-2 0.00 39,432,078.24 1,705,583.26 0.00 AV-3 0.00 45,645,241.93 4,672,719.53 0.00 AV-4 0.00 80,048,334.99 8,064,227.98 0.00 AF 0.00 134,945,927.99 12,415,889.34 0.00 PO 0.00 5,990,619.88 509,119.94 0.00 IO 0.00 0.00 81,498.52 0.00 BV-1 0.00 17,995,453.83 117,889.06 0.00 BV-2 0.00 9,526,597.92 62,409.19 0.00 BV-3 0.00 7,198,576.95 47,158.22 0.00 BV-4 0.00 5,080,127.29 33,280.15 0.00 BV-5 0.00 4,023,373.82 26,357.31 0.00 BV-6 0.00 4,869,447.41 31,899.98 0.00 BF-1 0.00 4,255,032.49 39,706.26 0.00 BF-2 0.00 2,978,815.45 27,797.12 0.00 BF-3 0.00 1,808,949.83 16,880.39 0.00 BF-4 0.00 1,277,192.74 11,918.24 0.00 BF-5 0.00 850,811.36 7,939.43 0.00 BF-6 0.00 1,596,251.48 14,895.59 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 0.00 470,334,967.68 34,833,210.22 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-1 145,500,000.00 109,282,278.01 304,796.33 6,165,347.60 0.00 0.00 AV-2 55,149,000.00 40,922,502.55 52,759.44 1,437,664.87 0.00 0.00 AV-3 73,406,000.00 50,070,174.21 62,015.02 4,362,917.26 0.00 0.00 AV-4 105,016,000.00 87,728,629.16 137,699.29 7,542,594.88 0.00 0.00 AF 197,025,120.80 146,598,284.60 598,875.40 11,053,481.21 0.00 0.00 PO 7,970,879.20 6,499,739.83 27,974.32 481,145.62 0.00 0.00 IO 0.00 0.00 0.00 0.00 0.00 0.00 BV-1 18,204,000.00 18,030,260.21 34,806.38 0.00 0.00 0.00 BV-2 9,637,000.00 9,545,024.04 18,426.12 0.00 0.00 0.00 BV-3 7,282,000.00 7,212,500.27 13,923.32 0.00 0.00 0.00 BV-4 5,139,000.00 5,089,953.16 9,825.86 0.00 0.00 0.00 BV-5 4,070,000.00 4,031,155.74 7,781.91 0.00 0.00 0.00 BV-6 4,925,878.58 4,878,865.78 9,418.37 0.00 0.00 0.00 BF-1 4,361,000.00 4,272,486.22 17,453.73 0.00 0.00 0.00 BF-2 3,053,000.00 2,991,034.26 12,218.81 0.00 0.00 0.00 BF-3 1,854,000.00 1,816,369.97 7,420.14 0.00 0.00 0.00 BF-4 1,309,000.00 1,282,431.66 5,238.92 0.00 0.00 0.00 BF-5 872,000.00 854,301.30 3,489.95 0.00 0.00 0.00 BF-6 1,636,004.60 1,602,799.15 6,547.67 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 646,410,083.18 502,708,790.12 1,330,670.98 31,043,151.44 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 6,470,143.93 102,812,134.08 0.70661261 6,470,143.93 AV-2 1,490,424.31 39,432,078.24 0.71500985 1,490,424.31 AV-3 4,424,932.28 45,645,241.93 0.62181895 4,424,932.28 AV-4 7,680,294.17 80,048,334.99 0.76224894 7,680,294.17 AF 11,652,356.61 134,945,927.99 0.68491737 11,652,356.61 PO 509,119.94 5,990,619.88 0.75156325 509,119.94 IO 0.00 0.00 0.00000000 0.00 BV-1 34,806.38 17,995,453.83 0.98854394 34,806.38 BV-2 18,426.12 9,526,597.92 0.98854394 18,426.12 BV-3 13,923.32 7,198,576.95 0.98854394 13,923.32 BV-4 9,825.86 5,080,127.29 0.98854394 9,825.86 BV-5 7,781.91 4,023,373.82 0.98854394 7,781.91 BV-6 9,418.37 4,869,447.41 0.98854394 9,418.37 BF-1 17,453.73 4,255,032.49 0.97570110 17,453.73 BF-2 12,218.81 2,978,815.45 0.97570110 12,218.81 BF-3 7,420.14 1,808,949.83 0.97570109 7,420.14 BF-4 5,238.92 1,277,192.74 0.97570110 5,238.92 BF-5 3,489.95 850,811.36 0.97570110 3,489.95 BF-6 6,547.67 1,596,251.48 0.97570110 6,547.67 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 32,373,822.42 470,334,967.68 0.72761082 32,373,822.42
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion AV-1 145,500,000.00 751.08094852 2.09482014 42.37352302 0.00000000 AV-2 55,149,000.00 742.03525993 0.95667084 26.06873869 0.00000000 AV-3 73,406,000.00 682.09920456 0.84482222 59.43543116 0.00000000 AV-4 105,016,000.00 835.38345738 1.31122200 71.82329245 0.00000000 AF 197,025,120.80 744.05884897 3.03958905 56.10188774 0.00000000 PO 7,970,879.20 815.43574641 3.50956517 60.36292960 0.00000000 IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 BV-1 18,204,000.00 990.45595528 1.91201824 0.00000000 0.00000000 BV-2 9,637,000.00 990.45595517 1.91201826 0.00000000 0.00000000 BV-3 7,282,000.00 990.45595578 1.91201868 0.00000000 0.00000000 BV-4 5,139,000.00 990.45595641 1.91201790 0.00000000 0.00000000 BV-5 4,070,000.00 990.45595577 1.91201720 0.00000000 0.00000000 BV-6 4,925,878.58 990.45595639 1.91201830 0.00000000 0.00000000 BF-1 4,361,000.00 979.70332951 4.00223114 0.00000000 0.00000000 BF-2 3,053,000.00 979.70332787 4.00223059 0.00000000 0.00000000 BF-3 1,854,000.00 979.70332794 4.00223301 0.00000000 0.00000000 BF-4 1,309,000.00 979.70333079 4.00223071 0.00000000 0.00000000 BF-5 872,000.00 979.70332569 4.00223624 0.00000000 0.00000000 BF-6 1,636,004.60 979.70332724 4.00223202 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 44.46834316 706.61260536 0.70661261 44.46834316 AV-2 0.00000000 27.02540953 715.00985041 0.71500985 27.02540953 AV-3 0.00000000 60.28025339 621.81895118 0.62181895 60.28025339 AV-4 0.00000000 73.13451445 762.24894292 0.76224894 73.13451445 AF 0.00000000 59.14147680 684.91737217 0.68491737 59.14147680 PO 0.00000000 63.87249477 751.56325039 0.75156325 63.87249477 IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 BV-1 0.00000000 1.91201824 988.54393705 0.98854394 1.91201824 BV-2 0.00000000 1.91201826 988.54393691 0.98854394 1.91201826 BV-3 0.00000000 1.91201868 988.54393711 0.98854394 1.91201868 BV-4 0.00000000 1.91201790 988.54393656 0.98854394 1.91201790 BV-5 0.00000000 1.91201720 988.54393612 0.98854394 1.91201720 BV-6 0.00000000 1.91201830 988.54393808 0.98854394 1.91201830 BF-1 0.00000000 4.00223114 975.70109837 0.97570110 4.00223114 BF-2 0.00000000 4.00223059 975.70109728 0.97570110 4.00223059 BF-3 0.00000000 4.00223301 975.70109493 0.97570109 4.00223301 BF-4 0.00000000 4.00223071 975.70110008 0.97570110 4.00223071 BF-5 0.00000000 4.00223624 975.70110092 0.97570110 4.00223624 BF-6 0.00000000 4.00223202 975.70109522 0.97570110 4.00223202 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 5.22570% 109,282,278.01 475,896.78 0.00 0.00 AV-2 55,149,000.00 6.30926% 40,922,502.55 215,158.95 0.00 0.00 AV-3 73,406,000.00 5.93856% 50,070,174.21 247,787.25 0.00 0.00 AV-4 105,016,000.00 5.25166% 87,728,629.16 383,933.81 0.00 0.00 AF 197,025,120.80 6.25000% 146,598,284.60 763,532.73 0.00 0.00 PO 7,970,879.20 0.00000% 6,499,739.83 0.00 0.00 0.00 IO 0.00 0.96183% 101,681,129.10 81,500.19 0.00 0.00 BV-1 18,204,000.00 5.52955% 18,030,260.21 83,082.68 0.00 0.00 BV-2 9,637,000.00 5.52955% 9,545,024.04 43,983.07 0.00 0.00 BV-3 7,282,000.00 5.52955% 7,212,500.27 33,234.90 0.00 0.00 BV-4 5,139,000.00 5.52955% 5,089,953.16 23,454.29 0.00 0.00 BV-5 4,070,000.00 5.52955% 4,031,155.74 18,575.40 0.00 0.00 BV-6 4,925,878.58 5.52955% 4,878,865.78 22,481.61 0.00 0.00 BF-1 4,361,000.00 6.25000% 4,272,486.22 22,252.53 0.00 0.00 BF-2 3,053,000.00 6.25000% 2,991,034.26 15,578.30 0.00 0.00 BF-3 1,854,000.00 6.25000% 1,816,369.97 9,460.26 0.00 0.00 BF-4 1,309,000.00 6.25000% 1,282,431.66 6,679.33 0.00 0.00 BF-5 872,000.00 6.25000% 854,301.30 4,449.49 0.00 0.00 BF-6 1,636,004.60 6.25000% 1,602,799.15 8,347.91 0.00 0.00 R-I 100.00 5.34098% 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 2,459,389.48 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 0.00 475,896.78 0.00 102,812,134.08 AV-2 0.00 0.00 215,158.95 0.00 39,432,078.24 AV-3 0.00 0.00 247,787.25 0.00 45,645,241.93 AV-4 0.00 0.00 383,933.81 0.00 80,048,334.99 AF 0.00 0.00 763,532.73 0.00 134,945,927.99 PO 0.00 0.00 0.00 0.00 5,990,619.88 IO 1.67 0.00 81,498.52 0.00 94,958,728.22 BV-1 0.00 0.00 83,082.68 0.00 17,995,453.83 BV-2 0.00 0.00 43,983.07 0.00 9,526,597.92 BV-3 0.00 0.00 33,234.90 0.00 7,198,576.95 BV-4 0.00 0.00 23,454.29 0.00 5,080,127.29 BV-5 0.00 0.00 18,575.40 0.00 4,023,373.82 BV-6 0.00 0.00 22,481.61 0.00 4,869,447.41 BF-1 0.00 0.00 22,252.53 0.00 4,255,032.49 BF-2 0.00 0.00 15,578.31 0.00 2,978,815.45 BF-3 0.00 0.00 9,460.25 0.00 1,808,949.83 BF-4 0.00 0.00 6,679.32 0.00 1,277,192.74 BF-5 0.00 0.00 4,449.48 0.00 850,811.36 BF-6 0.00 0.00 8,347.92 0.00 1,596,251.48 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 1.67 0.00 2,459,387.80 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 5.22570% 751.08094852 3.27076825 0.00000000 0.00000000 AV-2 55,149,000.00 6.30926% 742.03525993 3.90141163 0.00000000 0.00000000 AV-3 73,406,000.00 5.93856% 682.09920456 3.37557216 0.00000000 0.00000000 AV-4 105,016,000.00 5.25166% 835.38345738 3.65595538 0.00000000 0.00000000 AF 197,025,120.80 6.25000% 744.05884897 3.87530649 0.00000000 0.00000000 PO 7,970,879.20 0.00000% 815.43574641 0.00000000 0.00000000 0.00000000 IO 0.00 0.96183% 750.24552650 0.60134219 0.00000000 0.00000000 BV-1 18,204,000.00 5.52955% 990.45595528 4.56397935 0.00000000 0.00000000 BV-2 9,637,000.00 5.52955% 990.45595517 4.56397945 0.00000000 0.00000000 BV-3 7,282,000.00 5.52955% 990.45595578 4.56397968 0.00000000 0.00000000 BV-4 5,139,000.00 5.52955% 990.45595641 4.56397937 0.00000000 0.00000000 BV-5 4,070,000.00 5.52955% 990.45595577 4.56398034 0.00000000 0.00000000 BV-6 4,925,878.58 5.52955% 990.45595639 4.56397973 0.00000000 0.00000000 BF-1 4,361,000.00 6.25000% 979.70332951 5.10262096 0.00000000 0.00000000 BF-2 3,053,000.00 6.25000% 979.70332787 5.10262037 0.00000000 0.00000000 BF-3 1,854,000.00 6.25000% 979.70332794 5.10262136 0.00000000 0.00000000 BF-4 1,309,000.00 6.25000% 979.70333079 5.10262032 0.00000000 0.00000000 BF-5 872,000.00 6.25000% 979.70332569 5.10262615 0.00000000 0.00000000 BF-6 1,636,004.60 6.25000% 979.70332724 5.10262013 0.00000000 0.00000000 R-I 100.00 5.34098% 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 3.27076825 0.00000000 706.61260536 AV-2 0.00000000 0.00000000 3.90141163 0.00000000 715.00985041 AV-3 0.00000000 0.00000000 3.37557216 0.00000000 621.81895118 AV-4 0.00000000 0.00000000 3.65595538 0.00000000 762.24894292 AF 0.00000000 0.00000000 3.87530649 0.00000000 684.91737217 PO 0.00000000 0.00000000 0.00000000 0.00000000 751.56325039 IO 0.00001232 0.00000000 0.60132987 0.00000000 700.64486577 BV-1 0.00000000 0.00000000 4.56397935 0.00000000 988.54393705 BV-2 0.00000000 0.00000000 4.56397945 0.00000000 988.54393691 BV-3 0.00000000 0.00000000 4.56397968 0.00000000 988.54393711 BV-4 0.00000000 0.00000000 4.56397937 0.00000000 988.54393656 BV-5 0.00000000 0.00000000 4.56398034 0.00000000 988.54393612 BV-6 0.00000000 0.00000000 4.56397973 0.00000000 988.54393808 BF-1 0.00000000 0.00000000 5.10262096 0.00000000 975.70109837 BF-2 0.00000000 0.00000000 5.10262365 0.00000000 975.70109728 BF-3 0.00000000 0.00000000 5.10261597 0.00000000 975.70109493 BF-4 0.00000000 0.00000000 5.10261268 0.00000000 975.70110008 BF-5 0.00000000 0.00000000 5.10261468 0.00000000 975.70110092 BF-6 0.00000000 0.00000000 5.10262624 0.00000000 975.70109522 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 34,975,013.51 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 34,975,013.51 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 141,803.29 Payment of Interest and Principal 34,833,210.22 Total Withdrawals (Pool Distribution Amount) 34,975,013.51 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 139,813.41 Trustee Fee - Wells Fargo Bank, N.A. 1,989.88 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 141,803.29
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 10 0 0 0 10 1,804,780.61 0.00 0.00 0.00 1,804,780.61 60 Days 3 0 0 0 3 267,640.97 0.00 0.00 0.00 267,640.97 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 13 0 0 0 13 2,072,421.58 0.00 0.00 0.00 2,072,421.58 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 0.226552% 0.000000% 0.000000% 0.000000% 0.226552% 0.383722% 0.000000% 0.000000% 0.000000% 0.383722% 60 Days 0.067966% 0.000000% 0.000000% 0.000000% 0.067966% 0.056904% 0.000000% 0.000000% 0.000000% 0.056904% 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 0.294517% 0.000000% 0.000000% 0.000000% 0.294517% 0.440627% 0.000000% 0.000000% 0.000000% 0.440627%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 154,195.00 0.02385405% 154,195.00 0.03278408% Fraud 6,464,100.84 1.00000000% 6,464,100.84 1.37436110% Special Hazard 3,232,051.00 0.50000009% 3,232,051.00 0.68718067% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 0.000000% Weighted Average Pass-Through Rate 0.000000% Weighted Average Maturity(Stepdown Calculation ) 330 Beginning Scheduled Collateral Loan Count 4,612 Number Of Loans Paid In Full 198 Ending Scheduled Collateral Loan Count 4,414 Beginning Scheduled Collateral Balance 502,708,790.14 Ending Scheduled Collateral Balance 470,334,967.72 Ending Actual Collateral Balance at 31-Aug-2003 470,334,967.72 Monthly P &I Constant 3,931,862.13 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 33,885,961.01 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 470,334,967.72 Scheduled Principal 1,330,670.98 Unscheduled Principal 31,043,151.44
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.605448 6.689011 6.318309 Weighted Average Net Rate 5.230448 6.314011 5.943309 Weighted Average Maturity 267 322 331 Beginning Loan Count 1,568 330 265 Loans Paid In Full 50 11 18 Ending Loan Count 1,518 319 247 Beginning Scheduled Balance 127,928,633.90 48,043,042.45 59,549,101.94 Ending scheduled Balance 121,406,483.91 46,543,437.97 55,112,429.42 Record Date 08/31/2003 08/31/2003 08/31/2003 Principal And Interest Constant 954,383.43 329,739.97 387,296.63 Scheduled Principal 356,802.39 61,939.61 73,755.26 Unscheduled Principal 6,165,347.60 1,437,664.87 4,362,917.26 Scheduled Interest 597,581.04 267,800.36 313,541.37 Servicing Fees 39,977.70 15,013.45 18,609.09 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 506.38 190.17 235.71 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 557,096.96 252,596.74 294,696.57 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
Group Level Collateral Statement Group Group 4 Group 5 Total Collateral Description Mixed ARM Mixed Fixed Mixed Fixed & Arm Weighted Average Coupon Rate 5.631406 6.849348 0.000000 Weighted Average Net Rate 5.256406 6.599349 5.875476 Weighted Average Maturity 322 181 330 Beginning Loan Count 301 2,148 4,612 Loans Paid In Full 21 98 198 Ending Loan Count 280 2,050 4,414 Beginning Scheduled Balance 101,270,564.86 165,917,446.99 502,708,790.14 Ending scheduled Balance 93,569,015.20 153,703,601.22 470,334,967.72 Record Date 08/31/2003 08/31/2003 08/31/2003 Principal And Interest Constant 634,201.16 1,626,240.94 3,931,862.13 Scheduled Principal 158,954.78 679,218.94 1,330,670.98 Unscheduled Principal 7,542,594.88 11,534,626.83 31,043,151.44 Scheduled Interest 475,246.38 947,022.00 2,601,191.15 Servicing Fees 31,647.05 34,566.12 139,813.41 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 400.87 656.75 1,989.88 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 443,198.46 911,799.13 2,459,387.86 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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