-----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, QXXvgFKmKQrZ6eDD7XtpbF/O8A795kSSrE72bEAXGT8pyhlH3B0VTnm2eOzAbYAJ 0nnfQeHeVvqRnQ2V9/XQ4w== 0001056404-03-001978.txt : 20031104 0001056404-03-001978.hdr.sgml : 20031104 20031104150831 ACCESSION NUMBER: 0001056404-03-001978 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031025 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE MORTGAGE SECURITIES INC MORT LOAN TRUST SER 2003-1 CENTRAL INDEX KEY: 0001225458 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-100675-02 FILM NUMBER: 03976010 8-K 1 dms03001_oct.txt OCTOBER 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 27, 2003 DEUTSCHE MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2003-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-100675-02 Pending 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, 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 October 27, 2003 a distribution was made to holders of DEUTSCHE MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2003-1 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-1 Trust, relating to the October 27, 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. DEUTSCHE MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2003-1 Trust By: Wells Fargo Bank Minnesota, N.A., as Master Servicer By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 10/30/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-1 Trust, relating to the October 27, 2003 distribution. EX-99.1
Deutsche Mortgage Securities Mortgage Pass-Through Certificates Record Date: 9/30/03 Distribution Date: 10/27/03 DMS Series: 2003-1 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 I-A-1 251563BE1 SEN 4.50000% 62,590,630.07 230,671.64 10,900,431.29 I-A-2 251563BF8 SEN 1.62000% 20,863,543.36 27,680.60 3,633,477.10 I-A-3 251563BG6 SEN 6.88000% 0.00 117,557.10 0.00 I-A-4 251563BH4 SEN 5.50000% 11,213,211.81 50,508.57 64,803.57 I-A-5 251563BJ0 SEN 5.50000% 17,224,000.00 77,583.45 0.00 I-A-6 251563BK7 SEN 5.50000% 14,386,788.19 64,803.57 (64,803.57) I-A-7 251563BL5 SEN 5.50000% 28,500,000.00 128,374.84 0.00 I-A-8 251563BM3 SEN 5.50000% 1,500,000.00 6,756.57 0.00 I-A-PO 251563BN1 SEN 0.00000% 610.82 0.00 0.79 I-A-X 251563BP6 SEN 5.50000% 0.00 75,900.12 0.00 II-A 251563BQ4 SEN 5.00000% 66,555,216.60 272,098.18 4,938,148.66 II-A-X 251563BR2 SEN 5.00000% 0.00 31,620.68 0.00 M 251563BS0 SUB 5.41759% 4,707,967.96 20,843.06 7,036.09 B-1 251563BT8 SUB 5.41759% 2,139,354.57 9,471.33 3,197.28 B-2 251563BU5 SUB 5.41759% 1,069,677.29 4,735.66 1,598.64 B-3 DMS0301B3 SUB 5.41759% 641,409.83 2,839.64 958.59 B-4 DMS0301B4 SUB 5.41759% 641,409.83 2,839.64 958.59 B-5 DMS0301B5 SUB 5.41759% 642,663.90 2,845.19 960.47 R 251563BV3 SEN 5.00000% 0.00 0.00 0.00 Totals 232,676,484.23 1,127,129.84 19,486,767.50
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 51,690,198.78 11,131,102.93 0.00 I-A-2 0.00 17,230,066.26 3,661,157.70 0.00 I-A-3 0.00 0.00 117,557.10 0.00 I-A-4 0.00 11,148,408.24 115,312.14 0.00 I-A-5 0.00 17,224,000.00 77,583.45 0.00 I-A-6 0.00 14,451,591.76 0.00 0.00 I-A-7 0.00 28,500,000.00 128,374.84 0.00 I-A-8 0.00 1,500,000.00 6,756.57 0.00 I-A-PO 0.00 610.02 0.79 0.00 I-A-X 0.00 0.00 75,900.12 0.00 II-A 0.00 61,617,067.94 5,210,246.84 0.00 II-A-X 0.00 0.00 31,620.68 0.00 M 0.00 4,700,931.87 27,879.15 0.00 B-1 0.00 2,136,157.29 12,668.61 0.00 B-2 0.00 1,068,078.65 6,334.30 0.00 B-3 0.00 640,451.24 3,798.23 0.00 B-4 0.00 640,451.24 3,798.23 0.00 B-5 0.00 641,703.43 3,805.66 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 213,189,716.72 20,613,897.34 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) I-A-1 162,637,500.00 62,590,630.07 120,418.83 10,780,012.46 0.00 0.00 I-A-2 54,212,500.00 20,863,543.36 40,139.61 3,593,337.49 0.00 0.00 I-A-3 0.00 0.00 0.00 0.00 0.00 0.00 I-A-4 11,600,000.00 11,213,211.81 715.90 64,087.67 0.00 0.00 I-A-5 17,224,000.00 17,224,000.00 0.00 0.00 0.00 0.00 I-A-6 14,000,000.00 14,386,788.19 0.00 0.00 (64,803.57) 0.00 I-A-7 28,500,000.00 28,500,000.00 0.00 0.00 0.00 0.00 I-A-8 1,500,000.00 1,500,000.00 0.00 0.00 0.00 0.00 I-A-PO 42,399.00 610.82 0.68 0.12 0.00 0.00 I-A-X 0.00 0.00 0.00 0.00 0.00 0.00 II-A 132,000,000.00 66,555,216.60 256,990.86 4,681,157.80 0.00 0.00 II-A-X 0.00 0.00 0.00 0.00 0.00 0.00 M 4,749,000.00 4,707,967.96 7,036.09 0.00 0.00 0.00 B-1 2,158,000.00 2,139,354.57 3,197.28 0.00 0.00 0.00 B-2 1,079,000.00 1,069,677.29 1,598.64 0.00 0.00 0.00 B-3 647,000.00 641,409.83 958.59 0.00 0.00 0.00 B-4 647,000.00 641,409.83 958.59 0.00 0.00 0.00 B-5 648,265.00 642,663.90 960.47 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 Totals 431,644,764.00 232,676,484.23 432,975.54 19,118,595.54 (64,803.57) 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 I-A-1 10,900,431.29 51,690,198.78 0.31782460 10,900,431.29 I-A-2 3,633,477.10 17,230,066.26 0.31782460 3,633,477.10 I-A-3 0.00 0.00 0.00000000 0.00 I-A-4 64,803.57 11,148,408.24 0.96106968 64,803.57 I-A-5 0.00 17,224,000.00 1.00000000 0.00 I-A-6 (64,803.57) 14,451,591.76 1.03225655 (64,803.57) I-A-7 0.00 28,500,000.00 1.00000000 0.00 I-A-8 0.00 1,500,000.00 1.00000000 0.00 I-A-PO 0.79 610.02 0.01438760 0.79 I-A-X 0.00 0.00 0.00000000 0.00 II-A 4,938,148.66 61,617,067.94 0.46679597 4,938,148.66 II-A-X 0.00 0.00 0.00000000 0.00 M 7,036.09 4,700,931.87 0.98987826 7,036.09 B-1 3,197.28 2,136,157.29 0.98987826 3,197.28 B-2 1,598.64 1,068,078.65 0.98987827 1,598.64 B-3 958.59 640,451.24 0.98987827 958.59 B-4 958.59 640,451.24 0.98987827 958.59 B-5 960.47 641,703.43 0.98987826 960.47 R 0.00 0.00 0.00000000 0.00 Totals 19,486,767.50 213,189,716.72 0.49390085 19,486,767.50
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 162,637,500.00 384.84746796 0.74041245 66.28245306 0.00000000 I-A-2 54,212,500.00 384.84746802 0.74041245 66.28245312 0.00000000 I-A-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-4 11,600,000.00 966.65619052 0.06171552 5.52479914 0.00000000 I-A-5 17,224,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-6 14,000,000.00 1027.62772786 0.00000000 0.00000000 (4.62882643) I-A-7 28,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-8 1,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-PO 42,399.00 14.40647185 0.01603811 0.00283026 0.00000000 I-A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A 132,000,000.00 504.20618636 1.94690045 35.46331667 0.00000000 II-A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M 4,749,000.00 991.35985681 1.48159402 0.00000000 0.00000000 B-1 2,158,000.00 991.35985635 1.48159407 0.00000000 0.00000000 B-2 1,079,000.00 991.35986098 1.48159407 0.00000000 0.00000000 B-3 647,000.00 991.35986090 1.48159196 0.00000000 0.00000000 B-4 647,000.00 991.35986090 1.48159196 0.00000000 0.00000000 B-5 648,265.00 991.35986055 1.48160089 0.00000000 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes Are Per $1000 Denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A-1 0.00000000 67.02286551 317.82460244 0.31782460 67.02286551 I-A-2 0.00000000 67.02286558 317.82460244 0.31782460 67.02286558 I-A-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-4 0.00000000 5.58651466 961.06967586 0.96106968 5.58651466 I-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-6 0.00000000 (4.62882643) 1,032.25655429 1.03225655 (4.62882643) I-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-PO 0.00000000 0.01863251 14.38760348 0.01438760 0.01863251 I-A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A 0.00000000 37.41021712 466.79596924 0.46679597 37.41021712 II-A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M 0.00000000 1.48159402 989.87826279 0.98987826 1.48159402 B-1 0.00000000 1.48159407 989.87826228 0.98987826 1.48159407 B-2 0.00000000 1.48159407 989.87826691 0.98987827 1.48159407 B-3 0.00000000 1.48159196 989.87826893 0.98987827 1.48159196 B-4 0.00000000 1.48159196 989.87826893 0.98987827 1.48159196 B-5 0.00000000 1.48160089 989.87825966 0.98987826 1.48160089 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 I-A-1 162,637,500.00 4.50000% 62,590,630.07 234,714.86 0.00 0.00 I-A-2 54,212,500.00 1.62000% 20,863,543.36 28,165.78 0.00 0.00 I-A-3 0.00 6.88000% 20,863,543.36 119,617.65 0.00 0.00 I-A-4 11,600,000.00 5.50000% 11,213,211.81 51,393.89 0.00 0.00 I-A-5 17,224,000.00 5.50000% 17,224,000.00 78,943.33 0.00 0.00 I-A-6 14,000,000.00 5.50000% 14,386,788.19 65,939.45 0.00 0.00 I-A-7 28,500,000.00 5.50000% 28,500,000.00 130,625.00 0.00 0.00 I-A-8 1,500,000.00 5.50000% 1,500,000.00 6,875.00 0.00 0.00 I-A-PO 42,399.00 0.00000% 610.82 0.00 0.00 0.00 I-A-X 0.00 5.50000% 16,850,292.03 77,230.51 0.00 0.00 II-A 132,000,000.00 5.00000% 66,555,216.60 277,313.40 0.00 0.00 II-A-X 0.00 5.00000% 7,734,419.41 32,226.75 0.00 0.00 M 4,749,000.00 5.41759% 4,707,967.96 21,254.85 0.00 0.00 B-1 2,158,000.00 5.41759% 2,139,354.57 9,658.45 0.00 0.00 B-2 1,079,000.00 5.41759% 1,069,677.29 4,829.22 0.00 0.00 B-3 647,000.00 5.41759% 641,409.83 2,895.74 0.00 0.00 B-4 647,000.00 5.41759% 641,409.83 2,895.74 0.00 0.00 B-5 648,265.00 5.41759% 642,663.90 2,901.41 0.00 0.00 R 100.00 5.00000% 0.00 0.00 0.00 0.00 Totals 431,644,764.00 1,147,481.03 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 I-A-1 4,043.23 0.00 230,671.64 0.00 51,690,198.78 I-A-2 485.19 0.00 27,680.60 0.00 17,230,066.26 I-A-3 2,060.55 0.00 117,557.10 0.00 17,230,066.26 I-A-4 885.32 0.00 50,508.57 0.00 11,148,408.24 I-A-5 1,359.89 0.00 77,583.45 0.00 17,224,000.00 I-A-6 1,135.88 0.00 64,803.57 0.00 14,451,591.76 I-A-7 2,250.16 0.00 128,374.84 0.00 28,500,000.00 I-A-8 118.43 0.00 6,756.57 0.00 1,500,000.00 I-A-PO 0.00 0.00 0.00 0.00 610.02 I-A-X 1,330.38 0.00 75,900.12 0.00 15,065,444.60 II-A 5,215.23 0.00 272,098.18 0.00 61,617,067.94 II-A-X 606.06 0.00 31,620.68 0.00 7,172,924.83 M 411.79 0.00 20,843.06 0.00 4,700,931.87 B-1 187.12 0.00 9,471.33 0.00 2,136,157.29 B-2 93.56 0.00 4,735.66 0.00 1,068,078.65 B-3 56.10 0.00 2,839.64 0.00 640,451.24 B-4 56.10 0.00 2,839.64 0.00 640,451.24 B-5 56.21 0.00 2,845.19 0.00 641,703.43 R 0.00 0.00 0.00 0.00 0.00 Totals 20,351.20 0.00 1,127,129.84 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 I-A-1 162,637,500.00 4.50000% 384.84746796 1.44317799 0.00000000 0.00000000 I-A-2 54,212,500.00 1.62000% 384.84746802 0.51954402 0.00000000 0.00000000 I-A-3 0.00 6.88000% 384.84746802 2.20645884 0.00000000 0.00000000 I-A-4 11,600,000.00 5.50000% 966.65619052 4.43050776 0.00000000 0.00000000 I-A-5 17,224,000.00 5.50000% 1000.00000000 4.58333314 0.00000000 0.00000000 I-A-6 14,000,000.00 5.50000% 1027.62772786 4.70996071 0.00000000 0.00000000 I-A-7 28,500,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 I-A-8 1,500,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 I-A-PO 42,399.00 0.00000% 14.40647185 0.00000000 0.00000000 0.00000000 I-A-X 0.00 5.50000% 542.80025088 2.48783464 0.00000000 0.00000000 II-A 132,000,000.00 5.00000% 504.20618636 2.10085909 0.00000000 0.00000000 II-A-X 0.00 5.00000% 506.17792256 2.10907484 0.00000000 0.00000000 M 4,749,000.00 5.41759% 991.35985681 4.47564750 0.00000000 0.00000000 B-1 2,158,000.00 5.41759% 991.35985635 4.47564875 0.00000000 0.00000000 B-2 1,079,000.00 5.41759% 991.35986098 4.47564411 0.00000000 0.00000000 B-3 647,000.00 5.41759% 991.35986090 4.47564142 0.00000000 0.00000000 B-4 647,000.00 5.41759% 991.35986090 4.47564142 0.00000000 0.00000000 B-5 648,265.00 5.41759% 991.35986055 4.47565425 0.00000000 0.00000000 R 100.00 5.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes Are Per $1000 Denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance I-A-1 0.02486038 0.00000000 1.41831767 0.00000000 317.82460244 I-A-2 0.00894978 0.00000000 0.51059442 0.00000000 317.82460244 I-A-3 0.03800876 0.00000000 2.16845008 0.00000000 317.82460244 I-A-4 0.07632069 0.00000000 4.35418707 0.00000000 961.06967586 I-A-5 0.07895320 0.00000000 4.50438052 0.00000000 1000.00000000 I-A-6 0.08113429 0.00000000 4.62882643 0.00000000 1032.25655429 I-A-7 0.07895298 0.00000000 4.50438035 0.00000000 1000.00000000 I-A-8 0.07895333 0.00000000 4.50438000 0.00000000 1000.00000000 I-A-PO 0.00000000 0.00000000 0.00000000 0.00000000 14.38760348 I-A-X 0.04285567 0.00000000 2.44497865 0.00000000 485.30477062 II-A 0.03950932 0.00000000 2.06134985 0.00000000 466.79596924 II-A-X 0.03966351 0.00000000 2.06941068 0.00000000 469.43099367 M 0.08671089 0.00000000 4.38893662 0.00000000 989.87826279 B-1 0.08670992 0.00000000 4.38893883 0.00000000 989.87826228 B-2 0.08670992 0.00000000 4.38893420 0.00000000 989.87826691 B-3 0.08670788 0.00000000 4.38893354 0.00000000 989.87826893 B-4 0.08670788 0.00000000 4.38893354 0.00000000 989.87826893 B-5 0.08670837 0.00000000 4.38893045 0.00000000 989.87825966 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 20,681,949.81 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 2,739.02 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 20,684,688.83 Withdrawals Reimbursement for Servicer Advances 21,541.66 Payment of Service Fee 49,249.83 Payment of Interest and Principal 20,613,897.34 Total Withdrawals (Pool Distribution Amount) 20,684,688.83 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 20,351.20
SERVICING FEES Gross Servicing Fee 48,474.24 Master Servicing Fee- Wells Fargo 775.59 Trustee Fee - Bank One 0.00 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 49,249.83
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 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 1 0 1 0.00 0.00 446,778.40 0.00 446,778.40 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 1 0 1 0.00 0.00 446,778.40 0.00 446,778.40 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 0.000000% 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% 0.202020% 0.000000% 0.202020% 0.000000% 0.000000% 0.209254% 0.000000% 0.209254% 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% 0.202020% 0.000000% 0.202020% 0.000000% 0.000000% 0.209254% 0.000000% 0.209254%
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 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 1 0 1 0.00 0.00 446,778.40 0.00 446,778.40 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 1 0 1 0.00 0.00 446,778.40 0.00 446,778.40 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% 0.289017% 0.000000% 0.289017% 0.000000% 0.000000% 0.297677% 0.000000% 0.297677% 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% 0.289017% 0.000000% 0.289017% 0.000000% 0.000000% 0.297677% 0.000000% 0.297677% 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 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 2,739.02
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.02316720% 100,000.00 0.04690658% Fraud 4,341,113.00 1.00571427% 2,131,897.17 1.00000000% Special Hazard 4,341,113.00 1.00571427% 4,316,448.00 2.02469803% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.171990% Weighted Average Net Coupon 5.921991% Weighted Average Pass-Through Rate 5.917990% Weighted Average Maturity(Stepdown Calculation ) 295 Beginning Scheduled Collateral Loan Count 537 Number Of Loans Paid In Full 42 Ending Scheduled Collateral Loan Count 495 Beginning Scheduled Collateral Balance 232,676,484.88 Ending Scheduled Collateral Balance 213,189,717.38 Ending Actual Collateral Balance at 30-Sep-2003 213,509,843.70 Monthly P &I Constant 1,628,990.50 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 213,189,717.38 Scheduled Principal 432,259.64 Unscheduled Principal 19,054,507.86
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Coupon Rate 6.171990% Weighted Average Net Rate 5.921991% Weighted Average Pass Through Rate 5.917990% Weighted Average Maturity 295 Record Date 09/30/2003 Principal and Interest Constant 1,628,990.50 Beginning Loan Count 537 Loans Paid in Full 42 Ending Loan Count 495 Beginning Scheduled Balance 232,676,484.88 Ending Scheduled Balance 213,189,717.38 Ending Actual Balance at 30-Sep-2003 213,509,843.70 Scheduled Principal 432,259.64 Unscheduled Principal 19,054,507.86 Scheduled Interest 1,196,730.86 Servicing Fee 48,474.24 Master Servicing Fee 775.59 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 1,147,481.03 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.00 Special Servicing Fee 0.00 Prepayment Penalties 0.00
Group Level Collateral Statement Group Group 1 Group 2 Total Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 6.317367 5.821226 6.171990 Weighted Average Net Rate 6.067367 5.571226 5.921991 Weighted Average Maturity 350 171 295 Beginning Loan Count 377 160 537 Loans Paid In Full 31 11 42 Ending Loan Count 346 149 495 Beginning Scheduled Balance 164,498,926.79 68,177,558.09 232,676,484.88 Ending scheduled Balance 149,956,572.33 63,233,145.05 213,189,717.38 Record Date 09/30/2003 09/30/2003 09/30/2003 Principal And Interest Constant 1,035,004.47 593,986.03 1,628,990.50 Scheduled Principal 169,004.40 263,255.24 432,259.64 Unscheduled Principal 14,373,350.06 4,681,157.80 19,054,507.86 Scheduled Interest 866,000.07 330,730.79 1,196,730.86 Servicing Fees 34,270.58 14,203.66 48,474.24 Master Servicing Fees 548.34 227.25 775.59 Trustee Fee 0.00 0.00 0.00 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 831,181.15 316,299.88 1,147,481.03 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 6.063367 5.567226 5.917990
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