-----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, WhuhInZthNjCye9RQOogL0xFKx+akq2QLQopsfbRsoAMEiyJpir571QvGNCQHhEv aYq60KZ2CoVTJ/GwiTu4Kg== 0001056404-04-000166.txt : 20040109 0001056404-04-000166.hdr.sgml : 20040109 20040109123718 ACCESSION NUMBER: 0001056404-04-000166 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031226 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANC OF AMERICA MORT SEC INC MORT PS THR CERTS SER 2003-E CENTRAL INDEX KEY: 0001234317 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: 333-101500-13 FILM NUMBER: 04517167 BUSINESS ADDRESS: STREET 1: 201 NORTH TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 8-K 1 bam0300e.txt DECEMBER 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): December 26, 2003 BANC OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2003-E Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-101500-13 54-2114684 Pooling and Servicing Agreement) (Commission 54-2114685 (State or other File Number) IRS EIN 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 December 26, 2003 a distribution was made to holders of BANC OF AMERICA MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2003-E 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-E Trust, relating to the December 26, 2003 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BANC OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2003-E Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 1/5/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-E Trust, relating to the December 26, 2003 distribution. EX-99.1
Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 11/30/03 Distribution Date: 12/26/03 BAM Series: 2003-E Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution 1-A1 05948XDW8 SEN 3.38300% 50,961,198.88 143,668.11 2,745,974.45 1-A2 05948XDX6 SEN 3.38300% 59,858,577.90 168,751.30 3,225,397.54 1-A3 05948XDY4 SEN 3.38300% 1,661,075.54 4,682.85 89,504.78 2-A1 05948XEB3 SEN 4.03300% 204,334,147.06 686,733.00 5,084,938.84 2-A2 05948XEC1 SEN 4.35000% 291,803,902.70 1,057,789.13 7,261,659.49 3-A1 05948XED9 SEN 4.18100% 45,758,748.25 159,431.10 546,780.55 4-A1 05948XEE7 SEN 4.39300% 48,158,466.86 176,300.12 87,979.69 AP 05948XEP2 SEN 0.00000% 2,681,637.76 0.00 26,357.53 B-1 05948XEF4 SUB 4.05500% 12,948,938.04 43,761.36 13,066.50 B-2 05948XEG2 SUB 4.05500% 4,794,467.08 16,203.06 4,837.99 B-3 05948XEH0 SUB 4.05500% 3,357,021.63 11,345.16 3,387.50 B-4 05948XEL1 SUB 4.05500% 1,918,582.10 6,483.91 1,936.00 B-5 05948XEM9 SUB 4.05500% 1,438,439.53 4,861.25 1,451.50 B-6 05948XEN7 SUB 4.05500% 1,438,956.46 4,863.00 1,452.02 SES 05948XEJ6 SEN 0.00000% 0.00 144,723.19 0.00 WIO 05948XEK3 SEN 0.52896% 0.00 306,069.01 0.00 1-AR 05948XDZ1 SEN 3.38300% 0.00 0.00 0.00 1-ALR 05948XEA5 SEN 3.38300% 0.00 0.02 0.00 Totals 731,114,159.79 2,935,665.57 19,094,724.38
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 48,215,224.43 2,889,642.56 0.00 1-A2 0.00 56,633,180.36 3,394,148.84 0.00 1-A3 0.00 1,571,570.75 94,187.63 0.00 2-A1 0.00 199,249,208.22 5,771,671.84 0.00 2-A2 0.00 284,542,243.21 8,319,448.62 0.00 3-A1 0.00 45,211,967.70 706,211.65 0.00 4-A1 0.00 48,070,487.17 264,279.81 0.00 AP 0.00 2,655,280.23 26,357.53 0.00 B-1 0.00 12,935,871.55 56,827.86 0.00 B-2 0.00 4,789,629.09 21,041.05 0.00 B-3 0.00 3,353,634.13 14,732.66 0.00 B-4 0.00 1,916,646.10 8,419.91 0.00 B-5 0.00 1,436,988.03 6,312.75 0.00 B-6 0.00 1,437,504.44 6,315.02 0.00 SES 0.00 0.00 144,723.19 0.00 WIO 0.00 0.00 306,069.01 0.00 1-AR 0.00 0.00 0.00 0.00 1-ALR 0.00 0.00 0.02 0.00 Totals 0.00 712,019,435.41 22,030,389.95 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-A1 85,136,000.00 50,961,198.88 72,238.63 2,673,735.83 0.00 0.00 1-A2 100,000,000.00 59,858,577.90 84,850.86 3,140,546.68 0.00 0.00 1-A3 2,775,000.00 1,661,075.54 2,354.61 87,150.17 0.00 0.00 2-A1 266,093,000.00 204,334,147.06 192,057.68 4,892,881.16 0.00 0.00 2-A2 380,000,000.00 291,803,902.70 274,272.23 6,987,387.27 0.00 0.00 3-A1 46,845,000.00 45,758,748.25 1,177.83 545,602.72 0.00 0.00 4-A1 55,068,000.00 48,158,466.86 61,335.64 26,644.05 0.00 0.00 AP 2,805,554.89 2,681,637.76 3,986.60 22,370.93 0.00 0.00 B-1 13,026,000.00 12,948,938.04 13,066.50 0.00 0.00 0.00 B-2 4,823,000.00 4,794,467.08 4,837.99 0.00 0.00 0.00 B-3 3,377,000.00 3,357,021.63 3,387.50 0.00 0.00 0.00 B-4 1,930,000.00 1,918,582.10 1,936.00 0.00 0.00 0.00 B-5 1,447,000.00 1,438,439.53 1,451.50 0.00 0.00 0.00 B-6 1,447,520.00 1,438,956.46 1,452.02 0.00 0.00 0.00 SES 0.00 0.00 0.00 0.00 0.00 0.00 WIO 0.00 0.00 0.00 0.00 0.00 0.00 1-AR 50.00 0.00 0.00 0.00 0.00 0.00 1-ALR 50.00 0.00 0.00 0.00 0.00 0.00 Totals 964,773,174.89 731,114,159.79 718,405.59 18,376,318.81 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1-A1 2,745,974.45 48,215,224.43 0.56633180 2,745,974.45 1-A2 3,225,397.54 56,633,180.36 0.56633180 3,225,397.54 1-A3 89,504.78 1,571,570.75 0.56633180 89,504.78 2-A1 5,084,938.84 199,249,208.22 0.74879538 5,084,938.84 2-A2 7,261,659.49 284,542,243.21 0.74879538 7,261,659.49 3-A1 546,780.55 45,211,967.70 0.96513967 546,780.55 4-A1 87,979.69 48,070,487.17 0.87292960 87,979.69 AP 26,357.53 2,655,280.23 0.94643674 26,357.53 B-1 13,066.50 12,935,871.55 0.99308088 13,066.50 B-2 4,837.99 4,789,629.09 0.99308088 4,837.99 B-3 3,387.50 3,353,634.13 0.99308088 3,387.50 B-4 1,936.00 1,916,646.10 0.99308088 1,936.00 B-5 1,451.50 1,436,988.03 0.99308088 1,451.50 B-6 1,452.02 1,437,504.44 0.99308088 1,452.02 SES 0.00 0.00 0.00000000 0.00 WIO 0.00 0.00 0.00000000 0.00 1-AR 0.00 0.00 0.00000000 0.00 1-ALR 0.00 0.00 0.00000000 0.00 Totals 19,094,724.38 712,019,435.41 0.73801745 19,094,724.38
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 85,136,000.00 598.58577899 0.84850862 31.40546690 0.00000000 1-A2 100,000,000.00 598.58577900 0.84850860 31.40546680 0.00000000 1-A3 2,775,000.00 598.58578018 0.84850811 31.40546667 0.00000000 2-A1 266,093,000.00 767.90500712 0.72176901 18.38786124 0.00000000 2-A2 380,000,000.00 767.90500711 0.72176903 18.38786124 0.00000000 3-A1 46,845,000.00 976.81178888 0.02514313 11.64697876 0.00000000 4-A1 55,068,000.00 874.52725467 1.11381637 0.48383907 0.00000000 AP 2,805,554.89 955.83150754 1.42096667 7.97379872 0.00000000 B-1 13,026,000.00 994.08398895 1.00310917 0.00000000 0.00000000 B-2 4,823,000.00 994.08398922 1.00310802 0.00000000 0.00000000 B-3 3,377,000.00 994.08398875 1.00310927 0.00000000 0.00000000 B-4 1,930,000.00 994.08398964 1.00310881 0.00000000 0.00000000 B-5 1,447,000.00 994.08398756 1.00310988 0.00000000 0.00000000 B-6 1,447,520.00 994.08399193 1.00310877 0.00000000 0.00000000 SES 0.00 0.00000000 0.00000000 0.00000000 0.00000000 WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-AR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A1 0.00000000 32.25397540 566.33180358 0.56633180 32.25397540 1-A2 0.00000000 32.25397540 566.33180360 0.56633180 32.25397540 1-A3 0.00000000 32.25397477 566.33180180 0.56633180 32.25397477 2-A1 0.00000000 19.10963024 748.79537688 0.74879538 19.10963024 2-A2 0.00000000 19.10963024 748.79537687 0.74879538 19.10963024 3-A1 0.00000000 11.67212189 965.13966699 0.96513967 11.67212189 4-A1 0.00000000 1.59765544 872.92959922 0.87292960 1.59765544 AP 0.00000000 9.39476540 946.43674214 0.94643674 9.39476540 B-1 0.00000000 1.00310917 993.08088055 0.99308088 1.00310917 B-2 0.00000000 1.00310802 993.08088119 0.99308088 1.00310802 B-3 0.00000000 1.00310927 993.08087948 0.99308088 1.00310927 B-4 0.00000000 1.00310881 993.08088083 0.99308088 1.00310881 B-5 0.00000000 1.00310988 993.08087768 0.99308088 1.00310988 B-6 0.00000000 1.00310877 993.08088317 0.99308088 1.00310877 SES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1-A1 85,136,000.00 3.38300% 50,961,198.88 143,668.11 0.00 0.00 1-A2 100,000,000.00 3.38300% 59,858,577.90 168,751.31 0.00 0.00 1-A3 2,775,000.00 3.38300% 1,661,075.54 4,682.85 0.00 0.00 2-A1 266,093,000.00 4.03300% 204,334,147.06 686,733.01 0.00 0.00 2-A2 380,000,000.00 4.35000% 291,803,902.70 1,057,789.15 0.00 0.00 3-A1 46,845,000.00 4.18100% 45,758,748.25 159,431.11 0.00 0.00 4-A1 55,068,000.00 4.39300% 48,158,466.86 176,300.12 0.00 0.00 AP 2,805,554.89 0.00000% 2,681,637.76 0.00 0.00 0.00 B-1 13,026,000.00 4.05500% 12,948,938.04 43,761.36 0.00 0.00 B-2 4,823,000.00 4.05500% 4,794,467.08 16,203.06 0.00 0.00 B-3 3,377,000.00 4.05500% 3,357,021.63 11,345.16 0.00 0.00 B-4 1,930,000.00 4.05500% 1,918,582.10 6,483.91 0.00 0.00 B-5 1,447,000.00 4.05500% 1,438,439.53 4,861.25 0.00 0.00 B-6 1,447,520.00 4.05500% 1,438,956.46 4,863.00 0.00 0.00 SES 0.00 0.00000% 731,114,159.93 0.00 0.00 0.00 WIO 0.00 0.52896% 694,355,832.49 306,069.01 0.00 0.00 1-AR 50.00 3.38300% 0.00 0.00 0.00 0.00 1-ALR 50.00 3.38300% 0.00 0.00 0.00 0.00 Totals 964,773,174.89 2,790,942.41 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance 1-A1 0.00 0.00 143,668.11 0.00 48,215,224.43 1-A2 0.00 0.00 168,751.30 0.00 56,633,180.36 1-A3 0.00 0.00 4,682.85 0.00 1,571,570.75 2-A1 0.01 0.00 686,733.00 0.00 199,249,208.22 2-A2 0.01 0.00 1,057,789.13 0.00 284,542,243.21 3-A1 0.00 0.00 159,431.10 0.00 45,211,967.70 4-A1 0.00 0.00 176,300.12 0.00 48,070,487.17 AP 0.00 0.00 0.00 0.00 2,655,280.23 B-1 0.00 0.00 43,761.36 0.00 12,935,871.55 B-2 0.00 0.00 16,203.06 0.00 4,789,629.09 B-3 0.00 0.00 11,345.16 0.00 3,353,634.13 B-4 0.00 0.00 6,483.91 0.00 1,916,646.10 B-5 0.00 0.00 4,861.25 0.00 1,436,988.03 B-6 0.00 0.00 4,863.00 0.00 1,437,504.44 SES 0.00 0.00 144,723.19 0.00 712,019,435.54 WIO 0.00 0.00 306,069.01 0.00 675,736,722.39 1-AR 0.00 0.00 0.00 0.00 0.00 1-ALR 0.00 0.00 0.02 0.00 0.00 Totals 0.02 0.00 2,935,665.57 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall 1-A1 85,136,000.00 3.38300% 598.58577899 1.68751304 0.00000000 0.00000000 1-A2 100,000,000.00 3.38300% 598.58577900 1.68751310 0.00000000 0.00000000 1-A3 2,775,000.00 3.38300% 598.58578018 1.68751351 0.00000000 0.00000000 2-A1 266,093,000.00 4.03300% 767.90500712 2.58080074 0.00000000 0.00000000 2-A2 380,000,000.00 4.35000% 767.90500711 2.78365566 0.00000000 0.00000000 3-A1 46,845,000.00 4.18100% 976.81178888 3.40337517 0.00000000 0.00000000 4-A1 55,068,000.00 4.39300% 874.52725467 3.20149851 0.00000000 0.00000000 AP 2,805,554.89 0.00000% 955.83150754 0.00000000 0.00000000 0.00000000 B-1 13,026,000.00 4.05500% 994.08398895 3.35953938 0.00000000 0.00000000 B-2 4,823,000.00 4.05500% 994.08398922 3.35953971 0.00000000 0.00000000 B-3 3,377,000.00 4.05500% 994.08398875 3.35953805 0.00000000 0.00000000 B-4 1,930,000.00 4.05500% 994.08398964 3.35953886 0.00000000 0.00000000 B-5 1,447,000.00 4.05500% 994.08398756 3.35953697 0.00000000 0.00000000 B-6 1,447,520.00 4.05500% 994.08399193 3.35953907 0.00000000 0.00000000 SES 0.00 0.00000% 757.80937826 0.00000000 0.00000000 0.00000000 WIO 0.00 0.52896% 750.40837345 0.33077672 0.00000000 0.00000000 1-AR 50.00 3.38300% 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 50.00 3.38300% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-A1 0.00000000 0.00000000 1.68751304 0.00000000 566.33180358 1-A2 0.00000000 0.00000000 1.68751300 0.00000000 566.33180360 1-A3 0.00000000 0.00000000 1.68751351 0.00000000 566.33180180 2-A1 0.00000004 0.00000000 2.58080070 0.00000000 748.79537688 2-A2 0.00000003 0.00000000 2.78365561 0.00000000 748.79537687 3-A1 0.00000000 0.00000000 3.40337496 0.00000000 965.13966699 4-A1 0.00000000 0.00000000 3.20149851 0.00000000 872.92959922 AP 0.00000000 0.00000000 0.00000000 0.00000000 946.43674214 B-1 0.00000000 0.00000000 3.35953938 0.00000000 993.08088055 B-2 0.00000000 0.00000000 3.35953971 0.00000000 993.08088119 B-3 0.00000000 0.00000000 3.35953805 0.00000000 993.08087948 B-4 0.00000000 0.00000000 3.35953886 0.00000000 993.08088083 B-5 0.00000000 0.00000000 3.35953697 0.00000000 993.08087768 B-6 0.00000000 0.00000000 3.35953907 0.00000000 993.08088317 SES 0.00000000 0.00000000 0.15000748 0.00000000 738.01744697 WIO 0.00000000 0.00000000 0.33077672 0.00000000 730.28621781 1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 0.00000000 0.00000000 0.40000000 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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage APO-2 0.00000% 0.00 0.00 2,318,926.40 2,293,077.29 93.98859726% APO-3 0.00000% 0.00 0.00 10,583.59 10,583.59 100.00000000% APO-4 0.00000% 0.00 0.00 352,127.77 351,619.35 98.98317835% SES-1 0.00000% 117,652,211.47 111,584,004.18 0.00 0.00 57.77786551% SES-2 0.00000% 516,354,241.80 503,964,972.36 0.00 0.00 75.61032314% SES-3 0.00000% 47,069,554.20 46,522,740.18 0.00 0.00 96.60853368% SES-4 0.00000% 50,038,152.46 49,947,718.82 0.00 0.00 87.68594924% WIO-1 0.70987% 117,652,211.47 111,584,004.18 0.00 0.00 57.77786551% WIO-2 0.46361% 484,455,672.68 472,536,177.97 0.00 0.00 74.77365259% WIO-3 0.66346% 46,319,554.19 45,772,740.17 0.00 0.00 96.55487793% WIO-4 0.61909% 45,928,394.15 45,843,800.07 0.00 0.00 86.79793677%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 22,034,164.01 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 28,516.93 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 22,062,680.94 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 32,290.99 Payment of Interest and Principal 22,030,389.95 Total Withdrawals (Pool Distribution Amount) 22,062,680.94 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 30,463.16 Trustee Fee - Wells Fargo Bank Minnesota, N.A. 1,827.83 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 32,290.99
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 5,829,893.94 0.00 0.00 0.00 5,829,893.94 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 10 0 0 0 10 5,829,893.94 0.00 0.00 0.00 5,829,893.94 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 0.724638% 0.000000% 0.000000% 0.000000% 0.724638% 0.818106% 0.000000% 0.000000% 0.000000% 0.818106% 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 0.724638% 0.000000% 0.000000% 0.000000% 0.724638% 0.818106% 0.000000% 0.000000% 0.000000% 0.818106%
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 2 0 0 0 2 1,290,239.51 0.00 0.00 0.00 1,290,239.51 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 2 0 0 0 2 1,290,239.51 0.00 0.00 0.00 1,290,239.51 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.913242% 0.000000% 0.000000% 0.000000% 0.913242% 1.154950% 0.000000% 0.000000% 0.000000% 1.154950% 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 0.913242% 0.000000% 0.000000% 0.000000% 0.913242% 1.154950% 0.000000% 0.000000% 0.000000% 1.154950% 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 7 0 0 0 7 3,915,654.43 0.00 0.00 0.00 3,915,654.43 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 7 0 0 0 7 3,915,654.43 0.00 0.00 0.00 3,915,654.43 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.720165% 0.000000% 0.000000% 0.000000% 0.720165% 0.776349% 0.000000% 0.000000% 0.000000% 0.776349% 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 0.720165% 0.000000% 0.000000% 0.000000% 0.720165% 0.776349% 0.000000% 0.000000% 0.000000% 0.776349% 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 1 0 0 0 1 624,000.00 0.00 0.00 0.00 624,000.00 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 1 624,000.00 0.00 0.00 0.00 624,000.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.176471% 0.000000% 0.000000% 0.000000% 1.176471% 1.341250% 0.000000% 0.000000% 0.000000% 1.341250% 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 1.176471% 0.000000% 0.000000% 0.000000% 1.176471% 1.341250% 0.000000% 0.000000% 0.000000% 1.341250% 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 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 28,516.93
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.854161% Weighted Average Pass-Through Rate 4.581046% Weighted Average Maturity(Stepdown Calculation ) 351 Beginning Scheduled Collateral Loan Count 1,418 Number Of Loans Paid In Full 38 Ending Scheduled Collateral Loan Count 1,380 Beginning Scheduled Collateral Balance 731,114,159.93 Ending Scheduled Collateral Balance 712,019,435.54 Ending Actual Collateral Balance at 30-Nov-2003 712,608,316.98 Monthly P &I Constant 3,675,860.62 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Non-PO Optimal Amount 21,719,302.50 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 712,019,435.54 Scheduled Principal 718,405.59 Unscheduled Principal 18,376,318.80
Miscellaneous Reporting Senior % 96.444913% Subordinate % 3.555086%
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.470870 4.888468 5.085947 Weighted Average Net Rate 4.220870 4.638468 4.835947 Weighted Average Maturity 352 351 351 Beginning Loan Count 233 995 86 Loans Paid In Full 14 23 1 Ending Loan Count 219 972 85 Beginning Scheduled Balance 117,652,211.47 516,354,241.80 47,069,554.20 Ending scheduled Balance 111,584,004.18 503,964,972.36 46,522,740.18 Record Date 11/30/2003 11/30/2003 11/30/2003 Principal And Interest Constant 605,114.35 2,590,114.31 200,705.67 Scheduled Principal 166,774.61 486,630.09 1,211.30 Unscheduled Principal 5,901,432.68 11,902,639.35 545,602.72 Scheduled Interest 438,339.74 2,103,484.22 199,494.37 Servicing Fees 24,510.87 107,573.80 9,806.15 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 294.15 1,290.91 117.68 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 12,255.45 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 401,279.27 1,994,619.51 189,570.54 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.092870 4.635468 4.832947
Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.183326 4.854161 Weighted Average Net Rate 4.933326 4.604161 Weighted Average Maturity 350 351 Beginning Loan Count 104 1,418 Loans Paid In Full 0 38 Ending Loan Count 104 1,380 Beginning Scheduled Balance 50,038,152.46 731,114,159.93 Ending scheduled Balance 49,947,718.82 712,019,435.54 Record Date 11/30/2003 11/30/2003 Principal And Interest Constant 279,926.29 3,675,860.62 Scheduled Principal 63,789.59 718,405.59 Unscheduled Principal 26,644.05 18,376,318.80 Scheduled Interest 216,136.70 2,957,455.03 Servicing Fees 10,424.60 152,315.42 Master Servicing Fees 0.00 0.00 Trustee Fee 125.09 1,827.83 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 12,255.45 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 205,587.01 2,791,056.33 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 4.930326 4.581046
Miscellaneous Reporting Group Group 1 CPR 46.121578% Subordinate Prepay % 0.000000% Senior Prepay % 100.000000% Senior % 95.604537% Subordinate % 4.395463% Group Group 2 CPR 24.430755% Subordinate Prepay % 0.000000% Senior Prepay % 100.000000% Senior % 96.518280% Subordinate % 3.481720% Group Group 3 CPR 13.056617% Subordinate Prepay % 0.000000% Senior Prepay % 100.000000% Senior % 97.237033% Subordinate % 2.762967%
Miscellaneous Reporting Group Group 4 CPR 0.637912% Subordinate Prepay % 0.000000% Senior Prepay % 100.000000% Senior % 96.925580% Subordinate % 3.074420%
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