-----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, Dsd/nL0v6msEyPzHdGAfBJdogLMMbxoDhBOxrn++Cz7YlFWLwfXosPXYxstafQrP wlcIOtW7V6qzdTVdiExP0g== 0001056404-04-003162.txt : 20040929 0001056404-04-003162.hdr.sgml : 20040929 20040929095110 ACCESSION NUMBER: 0001056404-04-003162 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040925 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040929 DATE AS OF CHANGE: 20040929 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: 041051318 BUSINESS ADDRESS: STREET 1: 201 NORTH TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 8-K 1 bam0300e_sep.txt SEPTEMBER 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): September 27, 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) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On September 27, 2004 a distribution was made to holders of BANC OF AMERICA MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2003-E Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-E Trust, relating to the September 27, 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 (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/28/2004 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 September 27, 2004 distribution. EX-99.1
Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 8/31/2004 Distribution Date: 9/27/2004 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% 25,863,764.33 72,914.26 2,000,448.48 1-A2 05948XDX6 SEN 3.38300% 30,379,351.08 85,644.45 2,349,709.26 1-A3 05948XDY4 SEN 3.38300% 843,026.99 2,376.63 65,204.43 2-A1 05948XEB3 SEN 4.03300% 122,378,981.72 411,295.36 3,123,291.77 2-A2 05948XEC1 SEN 4.35000% 174,766,014.34 633,526.80 4,460,285.96 3-A1 05948XED9 SEN 4.18100% 37,812,333.66 131,744.47 4,222.16 4-A1 05948XEE7 SEN 4.39300% 36,548,657.62 133,798.54 61,472.87 AP 05948XEP2 SEN 0.00000% 2,342,955.31 0.00 4,470.19 B-1 05948XEF4 SUB 4.06239% 12,648,532.11 42,819.41 208,694.09 B-2 05948XEG2 SUB 4.06239% 4,683,238.93 15,854.29 77,270.97 B-3 05948XEH0 SUB 4.06239% 3,279,141.17 11,100.96 54,104.10 B-4 05948XEL1 SUB 4.06239% 1,874,072.39 6,344.35 30,921.20 B-5 05948XEM9 SUB 4.06239% 1,405,068.79 4,756.62 23,182.89 B-6 05948XEN7 SUB 4.06239% 1,405,573.23 4,758.32 23,191.21 SES 05948XEJ6 SEN 0.00000% 0.00 86,336.24 0.00 WIO 05948XEK3 SEN 0.52330% 0.00 185,664.57 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 456,230,711.67 1,828,935.29 12,486,469.58
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 23,863,315.85 2,073,362.74 0.00 1-A2 0.00 28,029,641.81 2,435,353.71 0.00 1-A3 0.00 777,822.56 67,581.06 0.00 2-A1 0.00 119,255,689.95 3,534,587.13 0.00 2-A2 0.00 170,305,728.38 5,093,812.76 0.00 3-A1 0.00 37,808,111.50 135,966.63 0.00 4-A1 0.00 36,487,184.75 195,271.41 0.00 AP 0.00 2,338,485.12 4,470.19 0.00 B-1 0.00 12,439,838.02 251,513.50 0.00 B-2 0.00 4,605,967.97 93,125.26 0.00 B-3 0.00 3,225,037.08 65,205.06 0.00 B-4 0.00 1,843,151.19 37,265.55 0.00 B-5 0.00 1,381,885.90 27,939.51 0.00 B-6 0.00 1,382,382.01 27,949.53 0.00 SES 0.00 0.00 86,336.24 0.00 WIO 0.00 0.00 185,664.57 0.00 1-AR 0.00 0.00 0.00 0.00 1-ALR 0.00 0.00 0.02 0.00 Totals 0.00 443,744,242.09 14,315,404.87 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 25,863,764.33 38,912.13 1,961,536.34 0.00 0.00 1-A2 100,000,000.00 30,379,351.08 45,705.85 2,304,003.41 0.00 0.00 1-A3 2,775,000.00 843,026.99 1,268.34 63,936.09 0.00 0.00 2-A1 266,093,000.00 122,378,981.72 120,957.47 3,002,334.30 0.00 0.00 2-A2 380,000,000.00 174,766,014.34 172,735.99 4,287,549.97 0.00 0.00 3-A1 46,845,000.00 37,812,333.66 1,099.99 3,122.17 0.00 0.00 4-A1 55,068,000.00 36,548,657.62 50,919.77 10,553.10 0.00 0.00 AP 2,805,554.89 2,342,955.31 3,800.53 669.67 0.00 0.00 B-1 13,026,000.00 12,648,532.11 13,472.01 195,222.08 0.00 0.00 B-2 4,823,000.00 4,683,238.93 4,988.14 72,282.83 0.00 0.00 B-3 3,377,000.00 3,279,141.17 3,492.63 50,611.47 0.00 0.00 B-4 1,930,000.00 1,874,072.39 1,996.08 28,925.12 0.00 0.00 B-5 1,447,000.00 1,405,068.79 1,496.55 21,686.35 0.00 0.00 B-6 1,447,520.00 1,405,573.23 1,497.08 21,694.13 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 964,773,174.89 456,230,711.67 462,342.56 12,024,127.03 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 2,000,448.48 23,863,315.85 0.28029642 2,000,448.48 1-A2 2,349,709.26 28,029,641.81 0.28029642 2,349,709.26 1-A3 65,204.43 777,822.56 0.28029642 65,204.43 2-A1 3,123,291.77 119,255,689.95 0.44817297 3,123,291.77 2-A2 4,460,285.96 170,305,728.38 0.44817297 4,460,285.96 3-A1 4,222.16 37,808,111.50 0.80708958 4,222.16 4-A1 61,472.87 36,487,184.75 0.66258416 61,472.87 AP 4,470.19 2,338,485.12 0.83351965 4,470.19 B-1 208,694.09 12,439,838.02 0.95500062 208,694.09 B-2 77,270.97 4,605,967.97 0.95500062 77,270.97 B-3 54,104.10 3,225,037.08 0.95500062 54,104.10 B-4 30,921.20 1,843,151.19 0.95500062 30,921.20 B-5 23,182.89 1,381,885.90 0.95500062 23,182.89 B-6 23,191.21 1,382,382.01 0.95500028 23,191.21 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 12,486,469.58 443,744,242.09 0.45994670 12,486,469.58
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 85,136,000.00 303.79351074 0.45705847 23.04003406 0.00000000 1-A2 100,000,000.00 303.79351080 0.45705850 23.04003410 0.00000000 1-A3 2,775,000.00 303.79350991 0.45705946 23.04003243 0.00000000 2-A1 266,093,000.00 459.91056405 0.45456840 11.28302624 0.00000000 2-A2 380,000,000.00 459.91056405 0.45456839 11.28302624 0.00000000 3-A1 46,845,000.00 807.17971310 0.02348148 0.06664895 0.00000000 4-A1 55,068,000.00 663.70047251 0.92467077 0.19163761 0.00000000 AP 2,805,554.89 835.11298187 1.35464468 0.23869431 0.00000000 B-1 13,026,000.00 971.02196453 1.03423998 14.98710886 0.00000000 B-2 4,823,000.00 971.02196351 1.03424010 14.98710968 0.00000000 B-3 3,377,000.00 971.02196328 1.03424045 14.98710986 0.00000000 B-4 1,930,000.00 971.02196373 1.03423834 14.98710881 0.00000000 B-5 1,447,000.00 971.02196959 1.03424326 14.98711126 0.00000000 B-6 1,447,520.00 971.02163010 1.03423787 14.98710208 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 23.49709265 280.29641808 0.28029642 23.49709265 1-A2 0.00000000 23.49709260 280.29641810 0.28029642 23.49709260 1-A3 0.00000000 23.49709189 280.29641802 0.28029642 23.49709189 2-A1 0.00000000 11.73759464 448.17296941 0.44817297 11.73759464 2-A2 0.00000000 11.73759463 448.17296942 0.44817297 11.73759463 3-A1 0.00000000 0.09013043 807.08958267 0.80708958 0.09013043 4-A1 0.00000000 1.11630838 662.58416412 0.66258416 1.11630838 AP 0.00000000 1.59333543 833.51964645 0.83351965 1.59333543 B-1 0.00000000 16.02134884 955.00061569 0.95500062 16.02134884 B-2 0.00000000 16.02134978 955.00061580 0.95500062 16.02134978 B-3 0.00000000 16.02135031 955.00061593 0.95500062 16.02135031 B-4 0.00000000 16.02134715 955.00061658 0.95500062 16.02134715 B-5 0.00000000 16.02134762 955.00062198 0.95500062 16.02134762 B-6 0.00000000 16.02133995 955.00028324 0.95500028 16.02133995 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% 25,863,764.33 72,914.26 0.00 0.00 1-A2 100,000,000.00 3.38300% 30,379,351.08 85,644.45 0.00 0.00 1-A3 2,775,000.00 3.38300% 843,026.99 2,376.63 0.00 0.00 2-A1 266,093,000.00 4.03300% 122,378,981.72 411,295.36 0.00 0.00 2-A2 380,000,000.00 4.35000% 174,766,014.34 633,526.80 0.00 0.00 3-A1 46,845,000.00 4.18100% 37,812,333.66 131,744.47 0.00 0.00 4-A1 55,068,000.00 4.39300% 36,548,657.62 133,798.54 0.00 0.00 AP 2,805,554.89 0.00000% 2,342,955.31 0.00 0.00 0.00 B-1 13,026,000.00 4.06239% 12,648,532.11 42,819.41 0.00 0.00 B-2 4,823,000.00 4.06239% 4,683,238.93 15,854.29 0.00 0.00 B-3 3,377,000.00 4.06239% 3,279,141.17 11,100.96 0.00 0.00 B-4 1,930,000.00 4.06239% 1,874,072.39 6,344.35 0.00 0.00 B-5 1,447,000.00 4.06239% 1,405,068.79 4,756.62 0.00 0.00 B-6 1,447,520.00 4.06239% 1,405,573.23 4,758.32 0.00 0.00 SES 0.00 0.00000% 456,230,711.67 0.00 0.00 0.00 WIO 0.00 0.52330% 425,756,953.24 185,664.57 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 1,742,599.03 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 1-A1 0.00 0.00 72,914.26 0.00 23,863,315.85 1-A2 0.00 0.00 85,644.45 0.00 28,029,641.81 1-A3 0.00 0.00 2,376.63 0.00 777,822.56 2-A1 0.00 0.00 411,295.36 0.00 119,255,689.95 2-A2 0.00 0.00 633,526.80 0.00 170,305,728.38 3-A1 0.00 0.00 131,744.47 0.00 37,808,111.50 4-A1 0.00 0.00 133,798.54 0.00 36,487,184.75 AP 0.00 0.00 0.00 0.00 2,338,485.12 B-1 0.00 0.00 42,819.41 0.00 12,439,838.02 B-2 0.00 0.00 15,854.29 0.00 4,605,967.97 B-3 0.00 0.00 11,100.96 0.00 3,225,037.08 B-4 0.00 0.00 6,344.35 0.00 1,843,151.19 B-5 0.00 0.00 4,756.62 0.00 1,381,885.90 B-6 0.00 0.00 4,758.32 0.00 1,382,382.01 SES 0.00 0.00 86,336.24 0.00 443,744,242.08 WIO 0.00 0.00 185,664.57 0.00 413,324,252.28 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 0.00 0.00 1,828,935.29 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% 303.79351074 0.85644451 0.00000000 0.00000000 1-A2 100,000,000.00 3.38300% 303.79351080 0.85644450 0.00000000 0.00000000 1-A3 2,775,000.00 3.38300% 303.79350991 0.85644324 0.00000000 0.00000000 2-A1 266,093,000.00 4.03300% 459.91056405 1.54568275 0.00000000 0.00000000 2-A2 380,000,000.00 4.35000% 459.91056405 1.66717579 0.00000000 0.00000000 3-A1 46,845,000.00 4.18100% 807.17971310 2.81234860 0.00000000 0.00000000 4-A1 55,068,000.00 4.39300% 663.70047251 2.42969674 0.00000000 0.00000000 AP 2,805,554.89 0.00000% 835.11298187 0.00000000 0.00000000 0.00000000 B-1 13,026,000.00 4.06239% 971.02196453 3.28722632 0.00000000 0.00000000 B-2 4,823,000.00 4.06239% 971.02196351 3.28722579 0.00000000 0.00000000 B-3 3,377,000.00 4.06239% 971.02196328 3.28722535 0.00000000 0.00000000 B-4 1,930,000.00 4.06239% 971.02196373 3.28722798 0.00000000 0.00000000 B-5 1,447,000.00 4.06239% 971.02196959 3.28722875 0.00000000 0.00000000 B-6 1,447,520.00 4.06239% 971.02163010 3.28722228 0.00000000 0.00000000 SES 0.00 0.00000% 472.88909298 0.00000000 0.00000000 0.00000000 WIO 0.00 0.52330% 460.12659189 0.20065252 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 0.85644451 0.00000000 280.29641808 1-A2 0.00000000 0.00000000 0.85644450 0.00000000 280.29641810 1-A3 0.00000000 0.00000000 0.85644324 0.00000000 280.29641802 2-A1 0.00000000 0.00000000 1.54568275 0.00000000 448.17296941 2-A2 0.00000000 0.00000000 1.66717579 0.00000000 448.17296942 3-A1 0.00000000 0.00000000 2.81234860 0.00000000 807.08958267 4-A1 0.00000000 0.00000000 2.42969674 0.00000000 662.58416412 AP 0.00000000 0.00000000 0.00000000 0.00000000 833.51964645 B-1 0.00000000 0.00000000 3.28722632 0.00000000 955.00061569 B-2 0.00000000 0.00000000 3.28722579 0.00000000 955.00061580 B-3 0.00000000 0.00000000 3.28722535 0.00000000 955.00061593 B-4 0.00000000 0.00000000 3.28722798 0.00000000 955.00061658 B-5 0.00000000 0.00000000 3.28722875 0.00000000 955.00062198 B-6 0.00000000 0.00000000 3.28722228 0.00000000 955.00028324 SES 0.00000000 0.00000000 0.08948864 0.00000000 459.94670412 WIO 0.00000000 0.00000000 0.20065252 0.00000000 446.69024922 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 1,986,086.11 1,982,144.61 81.24409599% APO-3 0.00000% 0.00 0.00 10,583.59 10,583.59 100.00000000% APO-4 0.00000% 0.00 0.00 346,285.61 345,756.91 97.33286262% SES-1 0.00000% 62,086,879.44 57,482,320.22 0.00 0.00 29.76417446% SES-2 0.00000% 316,627,590.18 308,814,293.88 0.00 0.00 46.33168937% SES-3 0.00000% 39,122,758.05 39,118,445.32 0.00 0.00 81.23286865% SES-4 0.00000% 38,393,484.00 38,329,182.66 0.00 0.00 67.28897425% WIO-1 0.73693% 62,086,879.44 57,482,320.22 0.00 0.00 29.76417446% WIO-2 0.45552% 290,950,144.53 283,184,553.04 0.00 0.00 44.81084068% WIO-3 0.64489% 38,372,758.04 38,368,445.31 0.00 0.00 80.93595750% WIO-4 0.57544% 34,347,171.23 34,288,933.71 0.00 0.00 64.92063693%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 14,335,555.10 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 14,335,555.10 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 20,150.23 Payment of Interest and Principal 14,315,404.87 Total Withdrawals (Pool Distribution Amount) 14,335,555.10 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 19,009.67 Trustee Fee - Wells Fargo Bank, N.A. 1,140.56 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 20,150.23
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 1 0 0 0 1 335,509.57 0.00 0.00 0.00 335,509.57 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 1 0 1 0.00 0.00 427,906.35 0.00 427,906.35 Totals 1 0 1 0 2 335,509.57 0.00 427,906.35 0.00 763,415.92 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 0.111483% 0.000000% 0.000000% 0.000000% 0.111483% 0.075547% 0.000000% 0.000000% 0.000000% 0.075547% 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% 0.111483% 0.000000% 0.111483% 0.000000% 0.000000% 0.096352% 0.000000% 0.096352% Totals 0.111483% 0.000000% 0.111483% 0.000000% 0.222965% 0.075547% 0.000000% 0.096352% 0.000000% 0.171898%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 - 3/1 ARM 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 2 - 5/1 ARM 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 1 335,509.57 0.00 0.00 0.00 335,509.57 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 1 0 1 0.00 0.00 427,906.35 0.00 427,906.35 Totals 1 0 1 0 2 335,509.57 0.00 427,906.35 0.00 763,415.92 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.160256% 0.000000% 0.000000% 0.000000% 0.160256% 0.108557% 0.000000% 0.000000% 0.000000% 0.108557% 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% 0.160256% 0.000000% 0.160256% 0.000000% 0.000000% 0.138453% 0.000000% 0.138453% Totals 0.160256% 0.000000% 0.160256% 0.000000% 0.320513% 0.108557% 0.000000% 0.138453% 0.000000% 0.247009% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 - 5/1 ARM 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 4 - 7/1 ARM 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 0.00
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.853478% Weighted Average Pass-Through Rate 4.583467% Weighted Average Maturity(Stepdown Calculation) 342 Beginning Scheduled Collateral Loan Count 920 Number Of Loans Paid In Full 23 Ending Scheduled Collateral Loan Count 897 Beginning Scheduled Collateral Balance 456,230,711.67 Ending Scheduled Collateral Balance 443,744,242.08 Ending Actual Collateral Balance at 31-Aug-2004 444,109,093.88 Monthly P &I Constant 2,307,597.66 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 13,717,129.80 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 443,744,242.08 Scheduled Principal 462,342.56 Unscheduled Principal 12,024,127.03
Miscellaneous Reporting Senior % 94.426897% Subordinate % 5.573102%
Group Level Collateral Statement Group 1 - 3/1 ARM 2 - 5/1 ARM 3 - 5/1 ARM Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.497930 4.864553 5.065394 Weighted Average Net Rate 4.247931 4.614553 4.815394 Weighted Average Maturity 343 342 342 Beginning Loan Count 125 639 72 Loans Paid In Full 8 15 0 Ending Loan Count 117 624 72 Beginning Scheduled Balance 62,086,879.44 316,627,590.18 39,122,758.05 Ending scheduled Balance 57,482,320.22 308,814,293.88 39,118,445.32 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 326,128.67 1,597,801.67 166,281.29 Scheduled Principal 93,409.95 314,258.57 1,137.80 Unscheduled Principal 4,511,149.27 7,499,037.73 3,174.93 Scheduled Interest 232,718.72 1,283,543.10 165,143.49 Servicing Fees 12,934.75 65,964.08 8,150.57 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 155.21 791.56 97.81 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 6,467.40 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 213,161.36 1,216,787.46 156,895.11 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 4.119930 4.611553 4.812394
Group Level Collateral Statement Group 4 - 7/1 ARM Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.121175 4.853478 Weighted Average Net Rate 4.871174 4.586467 Weighted Average Maturity 341 342 Beginning Loan Count 84 920 Loans Paid In Full 0 23 Ending Loan Count 84 897 Beginning Scheduled Balance 38,393,484.00 456,230,711.67 Ending scheduled Balance 38,329,182.66 443,744,242.08 Record Date 08/31/2004 08/31/2004 Principal And Interest Constant 217,386.03 2,307,597.66 Scheduled Principal 53,536.24 462,342.56 Unscheduled Principal 10,765.10 12,024,127.03 Scheduled Interest 163,849.79 1,845,255.10 Servicing Fees 7,998.66 95,048.06 Master Servicing Fees 0.00 0.00 Trustee Fee 95.98 1,140.56 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 6,467.40 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 155,755.15 1,742,599.08 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 4.868175 4.583467
Miscellaneous Reporting Group 1 - 3/1 ARM CPR 59.611273% Subordinate % 8.054418% Subordinate Prepay % 4.027209% Senior Prepay % 95.972791% Senior % 91.945582% Group 2 - 5/1 ARM CPR 25.017698% Subordinate % 5.560778% Subordinate Prepay % 2.780389% Senior Prepay % 97.219611% Senior % 94.439222% Group 3 - 5/1 ARM CPR 0.097343% Subordinate % 3.323370% Subordinate Prepay % 1.661685% Senior Prepay % 98.338315% Senior % 96.676630%
Miscellaneous Reporting Group 4 - 7/1 ARM CPR 0.336416% Subordinate % 3.938629% Subordinate Prepay % 1.969315% Senior Prepay % 98.030685% Senior % 96.061371%
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