-----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, P9xYEWv1/hKuCSyUdk5UvRY9wU6hWQCttFq2ihi1l/2N972dIXQBZ+3Zralfqkst 2GES76P02YDntCRItBXzMg== 0001056404-04-001714.txt : 20040601 0001056404-04-001714.hdr.sgml : 20040601 20040601105516 ACCESSION NUMBER: 0001056404-04-001714 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040525 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040601 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: 04840071 BUSINESS ADDRESS: STREET 1: 201 NORTH TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 8-K 1 bam0300e.txt MAY 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): May 25, 2004 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, 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 May 25, 2004 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 May 25, 2004 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, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 5/25/04 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 May 25, 2004 distribution. EX-99.1
Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 4/30/04 Distribution Date: 5/25/04 BAM Series: 2003-E Contact: Customer Service - CTSLink Wells Fargo Bank, 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% 35,276,643.14 98,986.48 4,445,395.13 1-A2 05948XDX6 SEN 3.38300% 41,435,636.09 116,268.66 5,221,522.19 1-A3 05948XDY4 SEN 3.38300% 1,149,838.90 3,226.46 144,897.24 2-A1 05948XEB3 SEN 4.03300% 160,601,056.41 537,233.73 22,715,339.80 2-A2 05948XEC1 SEN 4.35000% 229,349,894.35 827,512.29 32,439,143.92 3-A1 05948XED9 SEN 4.18100% 42,991,342.32 149,089.76 1,679,585.87 4-A1 05948XEE7 SEN 4.39300% 43,630,422.21 158,978.09 3,159,461.65 AP 05948XEP2 SEN 0.00000% 2,526,449.28 0.00 112,300.46 B-1 05948XEF4 SUB 4.06103% 12,882,724.57 43,394.08 13,435.17 B-2 05948XEG2 SUB 4.06103% 4,769,950.92 16,066.49 4,974.50 B-3 05948XEH0 SUB 4.06103% 3,339,855.74 11,249.54 3,483.08 B-4 05948XEL1 SUB 4.06103% 1,908,771.57 6,429.26 1,990.62 B-5 05948XEM9 SUB 4.06103% 1,431,084.18 4,820.28 1,492.45 B-6 05948XEN7 SUB 4.06103% 1,431,597.96 4,822.01 1,492.99 SES 05948XEJ6 SEN 0.00000% 0.00 142,204.96 0.00 WIO 05948XEK3 SEN 0.52132% 0.00 238,512.20 0.00 1-AR 05948XDZ1 SEN 3.38300% 0.00 0.00 0.00 1-ALR 05948XEA5 SEN 3.38300% 0.00 0.00 0.00 Totals 582,725,267.64 2,358,794.29 69,944,515.07
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 30,831,248.01 4,544,381.61 0.00 1-A2 0.00 36,214,113.90 5,337,790.85 0.00 1-A3 0.00 1,004,941.66 148,123.70 0.00 2-A1 0.00 137,885,716.62 23,252,573.53 0.00 2-A2 0.00 196,910,750.43 33,266,656.21 0.00 3-A1 0.00 41,311,756.45 1,828,675.63 0.00 4-A1 0.00 40,470,960.56 3,318,439.74 0.00 AP 0.00 2,414,148.82 112,300.46 0.00 B-1 0.00 12,869,289.41 56,829.25 0.00 B-2 0.00 4,764,976.42 21,040.99 0.00 B-3 0.00 3,336,372.66 14,732.62 0.00 B-4 0.00 1,906,780.94 8,419.88 0.00 B-5 0.00 1,429,591.73 6,312.73 0.00 B-6 0.00 1,430,104.97 6,315.00 0.00 SES 0.00 0.00 142,204.96 0.00 WIO 0.00 0.00 238,512.20 0.00 1-AR 0.00 0.00 0.00 0.00 1-ALR 0.00 0.00 0.00 0.00 Totals 0.00 512,780,752.58 72,303,309.36 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 35,276,643.14 51,572.76 4,393,822.37 0.00 0.00 1-A2 100,000,000.00 41,435,636.09 60,576.92 5,160,945.28 0.00 0.00 1-A3 2,775,000.00 1,149,838.90 1,681.01 143,216.23 0.00 0.00 2-A1 266,093,000.00 160,601,056.41 156,017.65 22,559,322.15 0.00 0.00 2-A2 380,000,000.00 229,349,894.35 222,804.46 32,216,339.46 0.00 0.00 3-A1 46,845,000.00 42,991,342.32 782.11 1,678,803.76 0.00 0.00 4-A1 55,068,000.00 43,630,422.21 58,509.78 3,100,951.87 0.00 0.00 AP 2,805,554.89 2,526,449.28 3,911.48 108,388.98 0.00 0.00 B-1 13,026,000.00 12,882,724.57 13,435.17 0.00 0.00 0.00 B-2 4,823,000.00 4,769,950.92 4,974.50 0.00 0.00 0.00 B-3 3,377,000.00 3,339,855.74 3,483.08 0.00 0.00 0.00 B-4 1,930,000.00 1,908,771.57 1,990.62 0.00 0.00 0.00 B-5 1,447,000.00 1,431,084.18 1,492.45 0.00 0.00 0.00 B-6 1,447,520.00 1,431,597.96 1,492.99 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 964,773,174.89 582,725,267.64 582,724.98 69,361,790.10 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 4,445,395.13 30,831,248.01 0.36214114 4,445,395.13 1-A2 5,221,522.19 36,214,113.90 0.36214114 5,221,522.19 1-A3 144,897.24 1,004,941.66 0.36214114 144,897.24 2-A1 22,715,339.80 137,885,716.62 0.51818619 22,715,339.80 2-A2 32,439,143.92 196,910,750.43 0.51818619 32,439,143.92 3-A1 1,679,585.87 41,311,756.45 0.88188188 1,679,585.87 4-A1 3,159,461.65 40,470,960.56 0.73492701 3,159,461.65 AP 112,300.46 2,414,148.82 0.86048889 112,300.46 B-1 13,435.17 12,869,289.41 0.98796940 13,435.17 B-2 4,974.50 4,764,976.42 0.98796940 4,974.50 B-3 3,483.08 3,336,372.66 0.98796940 3,483.08 B-4 1,990.62 1,906,780.94 0.98796940 1,990.62 B-5 1,492.45 1,429,591.73 0.98796941 1,492.45 B-6 1,492.99 1,430,104.97 0.98796906 1,492.99 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 69,944,515.07 512,780,752.58 0.53150395 69,944,515.07
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 85,136,000.00 414.35636088 0.60576912 51.60945276 0.00000000 1-A2 100,000,000.00 414.35636090 0.60576920 51.60945280 0.00000000 1-A3 2,775,000.00 414.35636036 0.60576937 51.60945225 0.00000000 2-A1 266,093,000.00 603.55235354 0.58632752 84.77984069 0.00000000 2-A2 380,000,000.00 603.55235355 0.58632753 84.77984068 0.00000000 3-A1 46,845,000.00 917.73598719 0.01669570 35.83741616 0.00000000 4-A1 55,068,000.00 792.30083188 1.06250054 56.31132182 0.00000000 AP 2,805,554.89 900.51678868 1.39419122 38.63370501 0.00000000 B-1 13,026,000.00 989.00081145 1.03141179 0.00000000 0.00000000 B-2 4,823,000.00 989.00081277 1.03141198 0.00000000 0.00000000 B-3 3,377,000.00 989.00081137 1.03141250 0.00000000 0.00000000 B-4 1,930,000.00 989.00081347 1.03140933 0.00000000 0.00000000 B-5 1,447,000.00 989.00081548 1.03140981 0.00000000 0.00000000 B-6 1,447,520.00 989.00046977 1.03141235 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 52.21522188 362.14113900 0.36214114 52.21522188 1-A2 0.00000000 52.21522190 362.14113900 0.36214114 52.21522190 1-A3 0.00000000 52.21522162 362.14113874 0.36214114 52.21522162 2-A1 0.00000000 85.36616822 518.18618536 0.51818619 85.36616822 2-A2 0.00000000 85.36616821 518.18618534 0.51818619 85.36616821 3-A1 0.00000000 35.85411186 881.88187533 0.88188188 35.85411186 4-A1 0.00000000 57.37382237 734.92700952 0.73492701 57.37382237 AP 0.00000000 40.02789623 860.48889245 0.86048889 40.02789623 B-1 0.00000000 1.03141179 987.96940043 0.98796940 1.03141179 B-2 0.00000000 1.03141198 987.96940079 0.98796940 1.03141198 B-3 0.00000000 1.03141250 987.96939887 0.98796940 1.03141250 B-4 0.00000000 1.03140933 987.96939896 0.98796940 1.03140933 B-5 0.00000000 1.03140981 987.96940567 0.98796941 1.03140981 B-6 0.00000000 1.03141235 987.96905742 0.98796906 1.03141235 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% 35,276,643.14 99,450.74 0.00 0.00 1-A2 100,000,000.00 3.38300% 41,435,636.09 116,813.96 0.00 0.00 1-A3 2,775,000.00 3.38300% 1,149,838.90 3,241.59 0.00 0.00 2-A1 266,093,000.00 4.03300% 160,601,056.41 539,753.38 0.00 0.00 2-A2 380,000,000.00 4.35000% 229,349,894.35 831,393.37 0.00 0.00 3-A1 46,845,000.00 4.18100% 42,991,342.32 149,789.00 0.00 0.00 4-A1 55,068,000.00 4.39300% 43,630,422.21 159,723.70 0.00 0.00 AP 2,805,554.89 0.00000% 2,526,449.28 0.00 0.00 0.00 B-1 13,026,000.00 4.06103% 12,882,724.57 43,597.60 0.00 0.00 B-2 4,823,000.00 4.06103% 4,769,950.92 16,142.43 0.00 0.00 B-3 3,377,000.00 4.06103% 3,339,855.74 11,302.71 0.00 0.00 B-4 1,930,000.00 4.06103% 1,908,771.57 6,459.65 0.00 0.00 B-5 1,447,000.00 4.06103% 1,431,084.18 4,843.06 0.00 0.00 B-6 1,447,520.00 4.06103% 1,431,597.96 4,844.80 0.00 0.00 SES 0.00 0.00000% 582,725,267.65 0.00 0.00 0.00 WIO 0.00 0.52132% 549,021,774.18 238,512.20 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 2,225,868.19 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 464.25 0.00 98,986.48 0.00 30,831,248.01 1-A2 545.31 0.00 116,268.66 0.00 36,214,113.90 1-A3 15.13 0.00 3,226.46 0.00 1,004,941.66 2-A1 2,519.65 0.00 537,233.73 0.00 137,885,716.62 2-A2 3,881.07 0.00 827,512.29 0.00 196,910,750.43 3-A1 699.24 0.00 149,089.76 0.00 41,311,756.45 4-A1 745.62 0.00 158,978.09 0.00 40,470,960.56 AP 0.00 0.00 0.00 0.00 2,414,148.82 B-1 203.52 0.00 43,394.08 0.00 12,869,289.41 B-2 75.94 0.00 16,066.49 0.00 4,764,976.42 B-3 53.17 0.00 11,249.54 0.00 3,336,372.66 B-4 30.39 0.00 6,429.26 0.00 1,906,780.94 B-5 22.78 0.00 4,820.28 0.00 1,429,591.73 B-6 22.79 0.00 4,822.01 0.00 1,430,104.97 SES 0.00 0.00 142,204.96 0.00 512,780,752.57 WIO 0.00 0.00 238,512.20 0.00 481,182,618.00 1-AR 0.00 0.00 0.00 0.00 0.00 1-ALR 0.00 0.00 0.00 0.00 0.00 Totals 9,278.86 0.00 2,358,794.29 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% 414.35636088 1.16813968 0.00000000 0.00000000 1-A2 100,000,000.00 3.38300% 414.35636090 1.16813960 0.00000000 0.00000000 1-A3 2,775,000.00 3.38300% 414.35636036 1.16814054 0.00000000 0.00000000 2-A1 266,093,000.00 4.03300% 603.55235354 2.02843885 0.00000000 0.00000000 2-A2 380,000,000.00 4.35000% 603.55235355 2.18787729 0.00000000 0.00000000 3-A1 46,845,000.00 4.18100% 917.73598719 3.19754510 0.00000000 0.00000000 4-A1 55,068,000.00 4.39300% 792.30083188 2.90048122 0.00000000 0.00000000 AP 2,805,554.89 0.00000% 900.51678868 0.00000000 0.00000000 0.00000000 B-1 13,026,000.00 4.06103% 989.00081145 3.34696760 0.00000000 0.00000000 B-2 4,823,000.00 4.06103% 989.00081277 3.34696869 0.00000000 0.00000000 B-3 3,377,000.00 4.06103% 989.00081137 3.34696772 0.00000000 0.00000000 B-4 1,930,000.00 4.06103% 989.00081347 3.34696891 0.00000000 0.00000000 B-5 1,447,000.00 4.06103% 989.00081548 3.34696614 0.00000000 0.00000000 B-6 1,447,520.00 4.06103% 989.00046977 3.34696585 0.00000000 0.00000000 SES 0.00 0.00000% 604.00235281 0.00000000 0.00000000 0.00000000 WIO 0.00 0.52132% 593.34208380 0.25776633 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 0.00545304 0.00000000 1.16268653 0.00000000 362.14113900 1-A2 0.00545310 0.00000000 1.16268660 0.00000000 362.14113900 1-A3 0.00545225 0.00000000 1.16268829 0.00000000 362.14113874 2-A1 0.00946906 0.00000000 2.01896980 0.00000000 518.18618536 2-A2 0.01021334 0.00000000 2.17766392 0.00000000 518.18618534 3-A1 0.01492667 0.00000000 3.18261842 0.00000000 881.88187533 4-A1 0.01353999 0.00000000 2.88694142 0.00000000 734.92700952 AP 0.00000000 0.00000000 0.00000000 0.00000000 860.48889245 B-1 0.01562414 0.00000000 3.33134347 0.00000000 987.96940043 B-2 0.01574539 0.00000000 3.33122330 0.00000000 987.96940079 B-3 0.01574474 0.00000000 3.33122298 0.00000000 987.96939887 B-4 0.01574611 0.00000000 3.33122280 0.00000000 987.96939896 B-5 0.01574292 0.00000000 3.33122322 0.00000000 987.96940567 B-6 0.01574417 0.00000000 3.33122168 0.00000000 987.96905742 SES 0.00000000 0.00000000 0.14739730 0.00000000 531.50394916 WIO 0.00000000 0.00000000 0.25776633 0.00000000 520.02654663 1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 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 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 2,167,483.57 2,055,704.51 84.25916742% APO-3 0.00000% 0.00 0.00 10,583.59 10,583.59 100.00000000% APO-4 0.00000% 0.00 0.00 348,382.12 347,860.72 97.92509908% SES-1 0.00000% 82,996,725.79 73,177,404.67 0.00 0.00 37.89104251% SES-2 0.00000% 409,930,074.38 354,646,508.29 0.00 0.00 53.20793818% SES-3 0.00000% 44,301,949.56 42,622,340.04 0.00 0.00 88.50901209% SES-4 0.00000% 45,496,517.92 42,334,499.57 0.00 0.00 74.32052691% WIO-1 0.71931% 82,996,725.79 73,177,404.67 0.00 0.00 37.89104251% WIO-2 0.45334% 381,046,935.05 327,862,749.44 0.00 0.00 51.88067384% WIO-3 0.65338% 43,551,949.55 41,872,340.03 0.00 0.00 88.32721540% WIO-4 0.61110% 41,426,163.79 38,270,123.86 0.00 0.00 72.45838665%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 72,329,046.42 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 72,329,046.42 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 25,737.06 Payment of Interest and Principal 72,303,309.36 Total Withdrawals (Pool Distribution Amount) 72,329,046.42 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 9,278.86
SERVICING FEES Gross Servicing Fee 24,280.24 Trustee Fee - Wells Fargo Bank, N.A. 1,456.82 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 25,737.06
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 5 0 0 0 5 3,143,061.66 0.00 0.00 0.00 3,143,061.66 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 1 0 0 0 1 427,906.35 0.00 0.00 0.00 427,906.35 120 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 3,570,968.01 0.00 0.00 0.00 3,570,968.01 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 0.488759% 0.000000% 0.000000% 0.000000% 0.488759% 0.612444% 0.000000% 0.000000% 0.000000% 0.612444% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.097752% 0.000000% 0.000000% 0.000000% 0.097752% 0.083380% 0.000000% 0.000000% 0.000000% 0.083380% 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 0.586510% 0.000000% 0.000000% 0.000000% 0.586510% 0.695824% 0.000000% 0.000000% 0.000000% 0.695824%
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 1 0 0 0 1 492,464.87 0.00 0.00 0.00 492,464.87 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 1 492,464.87 0.00 0.00 0.00 492,464.87 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.680272% 0.000000% 0.000000% 0.000000% 0.680272% 0.672142% 0.000000% 0.000000% 0.000000% 0.672142% 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 0.680272% 0.000000% 0.000000% 0.000000% 0.680272% 0.672142% 0.000000% 0.000000% 0.000000% 0.672142% 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 4 0 0 0 4 2,650,596.79 0.00 0.00 0.00 2,650,596.79 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 1 0 0 0 1 427,906.35 0.00 0.00 0.00 427,906.35 120 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 5 0 0 0 5 3,078,503.14 0.00 0.00 0.00 3,078,503.14 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.566572% 0.000000% 0.000000% 0.000000% 0.566572% 0.746806% 0.000000% 0.000000% 0.000000% 0.746806% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.141643% 0.000000% 0.000000% 0.000000% 0.141643% 0.120563% 0.000000% 0.000000% 0.000000% 0.120563% 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 0.708215% 0.000000% 0.000000% 0.000000% 0.708215% 0.867369% 0.000000% 0.000000% 0.000000% 0.867369% 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 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% 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 17,984.33
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.854510% Weighted Average Pass-Through Rate 4.583707% Weighted Average Maturity(Stepdown Calculation ) 346 Beginning Scheduled Collateral Loan Count 1,149 Number Of Loans Paid In Full 126 Ending Scheduled Collateral Loan Count 1,023 Beginning Scheduled Collateral Balance 582,725,267.65 Ending Scheduled Collateral Balance 512,780,752.57 Ending Actual Collateral Balance at 30-Apr-2004 513,200,120.66 Monthly P &I Constant 2,940,096.58 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 71,831,723.29 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 512,780,752.57 Scheduled Principal 582,724.98 Unscheduled Principal 69,361,790.10
Miscellaneous Reporting Senior % 95.559456% Subordinate % 4.440544%
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.480309 4.871529 5.075322 Weighted Average Net Rate 4.230309 4.621529 4.825322 Weighted Average Maturity 347 346 346 Beginning Loan Count 167 804 82 Loans Paid In Full 20 98 3 Ending Loan Count 147 706 79 Beginning Scheduled Balance 82,996,725.79 409,930,074.38 44,301,949.56 Ending scheduled Balance 73,177,404.67 354,646,508.29 42,622,340.04 Record Date 04/30/2004 04/30/2004 04/30/2004 Principal And Interest Constant 431,213.04 2,063,670.86 188,177.99 Scheduled Principal 121,337.24 399,515.50 805.76 Unscheduled Principal 9,697,983.88 54,884,050.59 1,678,803.76 Scheduled Interest 309,875.80 1,664,155.36 187,372.23 Servicing Fees 17,290.99 85,402.09 9,229.57 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 207.49 1,024.85 110.76 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 8,645.51 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 283,731.81 1,577,728.42 178,031.90 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 4.102309 4.618529 4.822322
Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.168788 4.854510 Weighted Average Net Rate 4.918788 4.604511 Weighted Average Maturity 345 346 Beginning Loan Count 96 1,149 Loans Paid In Full 5 126 Ending Loan Count 91 1,023 Beginning Scheduled Balance 45,496,517.92 582,725,267.65 Ending scheduled Balance 42,334,499.57 512,780,752.57 Record Date 04/30/2004 04/30/2004 Principal And Interest Constant 257,034.69 2,940,096.58 Scheduled Principal 61,066.48 582,724.98 Unscheduled Principal 3,100,951.87 69,361,790.10 Scheduled Interest 195,968.21 2,357,371.60 Servicing Fees 9,478.43 121,401.08 Master Servicing Fees 0.00 0.00 Trustee Fee 113.72 1,456.82 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 8,645.51 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 186,376.06 2,225,868.19 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 4.915788 4.583707
Miscellaneous Reporting Group Group 1 CPR 77.539620% Subordinate % 6.186518% Subordinate Prepay % 0.000000% Senior Prepay % 100.000000% Senior % 93.813482% Group Group 2 CPR 82.212599% Subordinate % 4.368139% Subordinate Prepay % 0.000000% Senior Prepay % 100.000000% Senior % 95.631860% Group Group 3 CPR 37.097457% Subordinate % 2.935162% Subordinate Prepay % 0.000000% Senior Prepay % 100.000000% Senior % 97.064834%
Miscellaneous Reporting Group Group 4 CPR 57.185094% Subordinate % 3.361632% Subordinate Prepay % 0.000000% Senior Prepay % 100.000000% Senior % 96.638378%
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