-----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, HrnUrV912LqK6AfCCD1fT+O1vT5JbsvXaIvNQPLM5DUnZrS2UmAsf7CgGoo20jSp 2QJ3JFgG/LZbS05bgt5ZAg== 0001056404-04-004533.txt : 20041228 0001056404-04-004533.hdr.sgml : 20041228 20041228152314 ACCESSION NUMBER: 0001056404-04-004533 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041227 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041228 DATE AS OF CHANGE: 20041228 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] IRS NUMBER: 000000000 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: 041228474 BUSINESS ADDRESS: STREET 1: 201 NORTH TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 8-K 1 bam0300e_dec.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 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 Pooling and Servicing Agreement) (Commission 54-2114684 (State or other File Number) 54-2114685 jurisdiction IRS EIN 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 December 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 December 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: 12/27/2004 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 December 27, 2004 distribution. EX-99.1
Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 11/30/2004 Distribution Date: 12/27/2004 Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates 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% 20,929,179.55 59,002.84 986,452.34 1-A2 05948XDX6 SEN 3.38300% 24,583,231.01 69,304.22 1,158,678.28 1-A3 05948XDY4 SEN 3.38300% 682,184.66 1,923.19 32,153.32 2-A1 05948XEB3 SEN 4.03300% 110,868,029.97 372,608.96 3,976,886.97 2-A2 05948XEC1 SEN 4.35000% 158,327,544.83 573,937.33 5,679,281.49 3-A1 05948XED9 SEN 4.18100% 36,924,214.61 128,650.11 335,808.24 4-A1 05948XEE7 SEN 4.39300% 34,039,946.08 124,614.56 839,548.73 AP 05948XEP2 SEN 0.00000% 2,253,936.61 0.00 13,048.38 B-1 05948XEF4 SUB 4.06977% 11,953,686.03 40,540.61 213,920.66 B-2 05948XEG2 SUB 4.06977% 4,425,965.59 15,010.55 79,206.15 B-3 05948XEH0 SUB 4.06977% 3,099,001.82 10,510.18 55,459.09 B-4 05948XEL1 SUB 4.06977% 1,771,120.38 6,006.71 31,695.60 B-5 05948XEM9 SUB 4.06977% 1,327,881.45 4,503.47 23,763.49 B-6 05948XEN7 SUB 4.06977% 1,328,358.18 4,505.09 23,772.02 SES 05948XEJ6 SEN 0.00000% 0.00 83,194.69 0.00 WIO 05948XEK3 SEN 0.51301% 0.00 163,876.97 0.00 1-AR 05948XDZ1 SEN 3.38300% 0.00 0.00 0.00 1-ALR 05948XEA5 SEN 3.38300% 0.00 0.01 0.00 Totals 412,514,280.77 1,658,189.49 13,449,674.76
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 19,942,727.22 1,045,455.18 0.00 1-A2 0.00 23,424,552.74 1,227,982.50 0.00 1-A3 0.00 650,031.34 34,076.51 0.00 2-A1 0.00 106,891,142.99 4,349,495.93 0.00 2-A2 0.00 152,648,263.34 6,253,218.82 0.00 3-A1 0.00 36,588,406.37 464,458.35 0.00 4-A1 0.00 33,200,397.35 964,163.29 0.00 AP 0.00 2,240,888.23 13,048.38 0.00 B-1 0.00 11,739,765.37 254,461.27 0.00 B-2 0.00 4,346,759.43 94,216.70 0.00 B-3 0.00 3,043,542.73 65,969.27 0.00 B-4 0.00 1,739,424.78 37,702.31 0.00 B-5 0.00 1,304,117.96 28,266.96 0.00 B-6 0.00 1,304,586.16 28,277.11 0.00 SES 0.00 0.00 83,194.69 0.00 WIO 0.00 0.00 163,876.97 0.00 1-AR 0.00 0.00 0.00 0.00 1-ALR 0.00 0.00 0.01 0.00 Totals 0.00 399,064,606.01 15,107,864.25 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 20,929,179.55 32,394.15 954,058.18 0.00 0.00 1-A2 100,000,000.00 24,583,231.01 38,049.89 1,120,628.39 0.00 0.00 1-A3 2,775,000.00 682,184.66 1,055.88 31,097.44 0.00 0.00 2-A1 266,093,000.00 110,868,029.97 110,705.90 3,866,181.08 0.00 0.00 2-A2 380,000,000.00 158,327,544.83 158,096.01 5,521,185.48 0.00 0.00 3-A1 46,845,000.00 36,924,214.61 1,143.06 334,665.19 0.00 0.00 4-A1 55,068,000.00 34,039,946.08 49,061.39 790,487.34 0.00 0.00 AP 2,805,554.89 2,253,936.61 3,767.01 9,281.38 0.00 0.00 B-1 13,026,000.00 11,953,686.03 12,875.40 201,045.26 0.00 0.00 B-2 4,823,000.00 4,425,965.59 4,767.24 74,438.91 0.00 0.00 B-3 3,377,000.00 3,099,001.82 3,337.96 52,121.13 0.00 0.00 B-4 1,930,000.00 1,771,120.38 1,907.69 29,787.91 0.00 0.00 B-5 1,447,000.00 1,327,881.45 1,430.27 22,333.22 0.00 0.00 B-6 1,447,520.00 1,328,358.18 1,430.78 22,341.24 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 964,773,174.89 412,514,280.77 420,022.63 13,029,652.15 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 986,452.34 19,942,727.22 0.23424553 986,452.34 1-A2 1,158,678.28 23,424,552.74 0.23424553 1,158,678.28 1-A3 32,153.32 650,031.34 0.23424553 32,153.32 2-A1 3,976,886.97 106,891,142.99 0.40170596 3,976,886.97 2-A2 5,679,281.49 152,648,263.34 0.40170596 5,679,281.49 3-A1 335,808.24 36,588,406.37 0.78105254 335,808.24 4-A1 839,548.73 33,200,397.35 0.60289819 839,548.73 AP 13,048.38 2,240,888.23 0.79873263 13,048.38 B-1 213,920.66 11,739,765.37 0.90125636 213,920.66 B-2 79,206.15 4,346,759.43 0.90125636 79,206.15 B-3 55,459.09 3,043,542.73 0.90125636 55,459.09 B-4 31,695.60 1,739,424.78 0.90125636 31,695.60 B-5 23,763.49 1,304,117.96 0.90125636 23,763.49 B-6 23,772.02 1,304,586.16 0.90125605 23,772.02 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 13,449,674.76 399,064,606.01 0.41363568 13,449,674.76
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 85,136,000.00 245.83231007 0.38049885 11.20628383 0.00000000 1-A2 100,000,000.00 245.83231010 0.38049890 11.20628390 0.00000000 1-A3 2,775,000.00 245.83230991 0.38049730 11.20628468 0.00000000 2-A1 266,093,000.00 416.65143378 0.41604214 14.52943550 0.00000000 2-A2 380,000,000.00 416.65143376 0.41604213 14.52943547 0.00000000 3-A1 46,845,000.00 788.22103981 0.02440090 7.14409627 0.00000000 4-A1 55,068,000.00 618.14385995 0.89092377 14.35474940 0.00000000 AP 2,805,554.89 803.38353672 1.34269695 3.30821544 0.00000000 B-1 13,026,000.00 917.67895210 0.98843851 15.43415170 0.00000000 B-2 4,823,000.00 917.67895293 0.98843873 15.43415094 0.00000000 B-3 3,377,000.00 917.67895173 0.98843944 15.43415161 0.00000000 B-4 1,930,000.00 917.67895337 0.98844041 15.43415026 0.00000000 B-5 1,447,000.00 917.67895646 0.98843815 15.43415342 0.00000000 B-6 1,447,520.00 917.67863656 0.98843539 15.43414944 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 11.58678279 234.24552739 0.23424553 11.58678279 1-A2 0.00000000 11.58678280 234.24552740 0.23424553 11.58678280 1-A3 0.00000000 11.58678198 234.24552793 0.23424553 11.58678198 2-A1 0.00000000 14.94547760 401.70595615 0.40170596 14.94547760 2-A2 0.00000000 14.94547761 401.70595616 0.40170596 14.94547761 3-A1 0.00000000 7.16849696 781.05254285 0.78105254 7.16849696 4-A1 0.00000000 15.24567317 602.89818679 0.60289819 15.24567317 AP 0.00000000 4.65090883 798.73262790 0.79873263 4.65090883 B-1 0.00000000 16.42259020 901.25636189 0.90125636 16.42259020 B-2 0.00000000 16.42258967 901.25636119 0.90125636 16.42258967 B-3 0.00000000 16.42259106 901.25636068 0.90125636 16.42259106 B-4 0.00000000 16.42259067 901.25636269 0.90125636 16.42259067 B-5 0.00000000 16.42259157 901.25636489 0.90125636 16.42259157 B-6 0.00000000 16.42258483 901.25605173 0.90125605 16.42258483 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% 20,929,179.55 59,002.85 0.00 0.00 1-A2 100,000,000.00 3.38300% 24,583,231.01 69,304.23 0.00 0.00 1-A3 2,775,000.00 3.38300% 682,184.66 1,923.19 0.00 0.00 2-A1 266,093,000.00 4.03300% 110,868,029.97 372,608.97 0.00 0.00 2-A2 380,000,000.00 4.35000% 158,327,544.83 573,937.35 0.00 0.00 3-A1 46,845,000.00 4.18100% 36,924,214.61 128,650.12 0.00 0.00 4-A1 55,068,000.00 4.39300% 34,039,946.08 124,614.57 0.00 0.00 AP 2,805,554.89 0.00000% 2,253,936.61 0.00 0.00 0.00 B-1 13,026,000.00 4.06977% 11,953,686.03 40,540.61 0.00 0.00 B-2 4,823,000.00 4.06977% 4,425,965.59 15,010.55 0.00 0.00 B-3 3,377,000.00 4.06977% 3,099,001.82 10,510.18 0.00 0.00 B-4 1,930,000.00 4.06977% 1,771,120.38 6,006.71 0.00 0.00 B-5 1,447,000.00 4.06977% 1,327,881.45 4,503.47 0.00 0.00 B-6 1,447,520.00 4.06977% 1,328,358.18 4,505.09 0.00 0.00 SES 0.00 0.00000% 412,514,280.84 0.00 0.00 0.00 WIO 0.00 0.51301% 383,327,088.45 163,876.97 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 1,574,994.86 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 59,002.84 0.00 19,942,727.22 1-A2 0.00 0.00 69,304.22 0.00 23,424,552.74 1-A3 0.00 0.00 1,923.19 0.00 650,031.34 2-A1 0.01 0.00 372,608.96 0.00 106,891,142.99 2-A2 0.02 0.00 573,937.33 0.00 152,648,263.34 3-A1 0.00 0.00 128,650.11 0.00 36,588,406.37 4-A1 0.00 0.00 124,614.56 0.00 33,200,397.35 AP 0.00 0.00 0.00 0.00 2,240,888.23 B-1 0.00 0.00 40,540.61 0.00 11,739,765.37 B-2 0.00 0.00 15,010.55 0.00 4,346,759.43 B-3 0.00 0.00 10,510.18 0.00 3,043,542.73 B-4 0.00 0.00 6,006.71 0.00 1,739,424.78 B-5 0.00 0.00 4,503.47 0.00 1,304,117.96 B-6 0.00 0.00 4,505.09 0.00 1,304,586.16 SES 0.00 0.00 83,194.69 0.00 399,064,606.07 WIO 0.00 0.00 163,876.97 0.00 370,317,908.02 1-AR 0.00 0.00 0.00 0.00 0.00 1-ALR 0.00 0.00 0.01 0.00 0.00 Totals 0.03 0.00 1,658,189.49 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% 245.83231007 0.69304231 0.00000000 0.00000000 1-A2 100,000,000.00 3.38300% 245.83231010 0.69304230 0.00000000 0.00000000 1-A3 2,775,000.00 3.38300% 245.83230991 0.69304144 0.00000000 0.00000000 2-A1 266,093,000.00 4.03300% 416.65143378 1.40029602 0.00000000 0.00000000 2-A2 380,000,000.00 4.35000% 416.65143376 1.51036145 0.00000000 0.00000000 3-A1 46,845,000.00 4.18100% 788.22103981 2.74629352 0.00000000 0.00000000 4-A1 55,068,000.00 4.39300% 618.14385995 2.26292166 0.00000000 0.00000000 AP 2,805,554.89 0.00000% 803.38353672 0.00000000 0.00000000 0.00000000 B-1 13,026,000.00 4.06977% 917.67895210 3.11228389 0.00000000 0.00000000 B-2 4,823,000.00 4.06977% 917.67895293 3.11228488 0.00000000 0.00000000 B-3 3,377,000.00 4.06977% 917.67895173 3.11228309 0.00000000 0.00000000 B-4 1,930,000.00 4.06977% 917.67895337 3.11228497 0.00000000 0.00000000 B-5 1,447,000.00 4.06977% 917.67895646 3.11228058 0.00000000 0.00000000 B-6 1,447,520.00 4.06977% 917.67863656 3.11228170 0.00000000 0.00000000 SES 0.00 0.00000% 427.57644130 0.00000000 0.00000000 0.00000000 WIO 0.00 0.51301% 414.27153555 0.17710610 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 0.69304219 0.00000000 234.24552739 1-A2 0.00000000 0.00000000 0.69304220 0.00000000 234.24552740 1-A3 0.00000000 0.00000000 0.69304144 0.00000000 234.24552793 2-A1 0.00000004 0.00000000 1.40029599 0.00000000 401.70595615 2-A2 0.00000005 0.00000000 1.51036139 0.00000000 401.70595616 3-A1 0.00000000 0.00000000 2.74629331 0.00000000 781.05254285 4-A1 0.00000000 0.00000000 2.26292148 0.00000000 602.89818679 AP 0.00000000 0.00000000 0.00000000 0.00000000 798.73262790 B-1 0.00000000 0.00000000 3.11228389 0.00000000 901.25636189 B-2 0.00000000 0.00000000 3.11228488 0.00000000 901.25636119 B-3 0.00000000 0.00000000 3.11228309 0.00000000 901.25636068 B-4 0.00000000 0.00000000 3.11228497 0.00000000 901.25636269 B-5 0.00000000 0.00000000 3.11228058 0.00000000 901.25636489 B-6 0.00000000 0.00000000 3.11228170 0.00000000 901.25605173 SES 0.00000000 0.00000000 0.08623238 0.00000000 413.63567769 WIO 0.00000000 0.00000000 0.17710610 0.00000000 400.21217654 1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 0.00000000 0.00000000 0.20000000 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 1,938,653.23 1,926,080.44 78.94613913% APO-3 0.00000% 0.00 0.00 10,583.59 10,581.66 99.98176422% APO-4 0.00000% 0.00 0.00 304,699.80 304,226.13 85.64167269% SES-1 0.00000% 50,713,081.30 48,430,617.88 0.00 0.00 25.07722990% SES-2 0.00000% 287,792,431.60 277,825,321.77 0.00 0.00 41.68238570% SES-3 0.00000% 38,219,572.06 37,877,999.35 0.00 0.00 78.65697424% SES-4 0.00000% 35,789,195.88 34,930,667.07 0.00 0.00 61.32269445% WIO-1 0.72932% 50,713,081.30 48,430,617.88 0.00 0.00 25.07722990% WIO-2 0.44788% 262,939,620.84 253,407,411.86 0.00 0.00 40.09893562% WIO-3 0.63486% 37,469,572.05 37,128,136.06 0.00 0.00 78.31959878% WIO-4 0.56244% 32,204,814.26 31,351,742.22 0.00 0.00 59.35953247%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 15,126,083.65 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 15,126,083.65 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 18,219.40 Payment of Interest and Principal 15,107,864.25 Total Withdrawals (Pool Distribution Amount) 15,126,083.65 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 17,188.10 Trustee Fee - Wells Fargo Bank, N.A. 1,031.30 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 18,219.40
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 3 0 0 0 3 1,584,219.65 0.00 0.00 0.00 1,584,219.65 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 3 0 0 0 3 1,584,219.65 0.00 0.00 0.00 1,584,219.65 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 0.369914% 0.000000% 0.000000% 0.000000% 0.369914% 0.396646% 0.000000% 0.000000% 0.000000% 0.396646% 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 0.369914% 0.000000% 0.000000% 0.000000% 0.369914% 0.396646% 0.000000% 0.000000% 0.000000% 0.396646%
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 3 0 0 0 3 1,584,219.65 0.00 0.00 0.00 1,584,219.65 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 3 0 0 0 3 1,584,219.65 0.00 0.00 0.00 1,584,219.65 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.531915% 0.000000% 0.000000% 0.000000% 0.531915% 0.569746% 0.000000% 0.000000% 0.000000% 0.569746% 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 0.531915% 0.000000% 0.000000% 0.000000% 0.531915% 0.569746% 0.000000% 0.000000% 0.000000% 0.569746% 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 8,529.24
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.850012% Weighted Average Pass-Through Rate 4.581645% Weighted Average Maturity (Stepdown Calculation) 339 Beginning Scheduled Collateral Loan Count 837 Number Of Loans Paid In Full 26 Ending Scheduled Collateral Loan Count 811 Beginning Scheduled Collateral Balance 412,514,280.84 Ending Scheduled Collateral Balance 399,064,606.07 Ending Actual Collateral Balance at 30-Nov-2004 399,404,113.04 Monthly P &I Constant 2,087,271.86 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 14,489,679.25 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 399,064,606.07 Scheduled Principal 420,022.62 Unscheduled Principal 13,029,652.15
Miscellaneous Reporting Senior % 94.172965% Subordinate % 5.827035%
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 4.490324 4.853221 5.055247 Weighted Average Net Rate 4.240324 4.603221 4.805247 Weighted Average Maturity 340 339 339 Beginning Loan Count 106 582 71 Loans Paid In Full 5 18 1 Ending Loan Count 101 564 70 Beginning Scheduled Balance 50,713,081.30 287,792,431.60 38,219,572.06 Ending scheduled Balance 48,430,617.88 277,825,321.77 37,877,999.35 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 268,258.77 1,452,662.70 162,190.65 Scheduled Principal 78,493.63 288,729.09 1,182.83 Unscheduled Principal 2,203,969.79 9,678,380.74 340,389.88 Scheduled Interest 189,765.14 1,163,933.61 161,007.82 Servicing Fees 10,565.22 59,956.75 7,962.41 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 126.77 719.51 95.55 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 5,282.60 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 173,790.55 1,103,257.35 152,949.86 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 4.112324 4.600221 4.802247
Group Level Collateral Statement Group 4 - 7/1 ARM Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.114706 4.850012 Weighted Average Net Rate 4.864705 4.600012 Weighted Average Maturity 338 339 Beginning Loan Count 78 837 Loans Paid In Full 2 26 Ending Loan Count 76 811 Beginning Scheduled Balance 35,789,195.88 412,514,280.84 Ending scheduled Balance 34,930,667.07 399,064,606.07 Record Date 11/30/2004 11/30/2004 Principal And Interest Constant 204,159.74 2,087,271.86 Scheduled Principal 51,617.07 420,022.62 Unscheduled Principal 806,911.74 13,029,652.15 Scheduled Interest 152,542.67 1,667,249.24 Servicing Fees 7,456.09 85,940.47 Master Servicing Fees 0.00 0.00 Trustee Fee 89.47 1,031.30 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 5,282.60 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 144,997.11 1,574,994.87 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 4.861706 4.581645
Miscellaneous Reporting Group 1 - 3/1 ARM CPR 41.376359% Subordinate % 8.909902% Subordinate Prepay % 4.454951% Senior Prepay % 95.545049% Senior % 91.090098% Group 2 - 5/1 ARM CPR 33.695866% Subordinate % 5.827527% Subordinate Prepay % 2.913763% Senior Prepay % 97.086237% Senior % 94.172473% Group 3 - 5/1 ARM CPR 10.179424% Subordinate % 3.362495% Subordinate Prepay % 1.681247% Senior Prepay % 98.318753% Senior % 96.637505%
Miscellaneous Reporting Group 4 - 7/1 ARM CPR 23.970692% Subordinate % 4.070929% Subordinate Prepay % 2.035464% Senior Prepay % 97.964536% Senior % 95.929071%
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