-----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, EBjAnz8GQwnB9Smi3CHjyd6ii7Q8exIWvQLRdGbgBhZYbrK+QJad54ffUCb9W4gs 5Oo0JuxfEdfHbV0oAXeutw== 0001056404-03-001927.txt : 20031027 0001056404-03-001927.hdr.sgml : 20031027 20031027110257 ACCESSION NUMBER: 0001056404-03-001927 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031015 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031027 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MORGAN STANLEY CAPITAL I TRUST 2003-IQ4 CENTRAL INDEX KEY: 0001234407 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 133291628 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-104283-01 FILM NUMBER: 03957739 BUSINESS ADDRESS: STREET 1: 1585 BROADWAY STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2127614000 8-K 1 msc03iq4_oct.txt OCTOBER 8K 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 : October 15, 2003 (Date of earliest event reported) Commission File No.: 333-104283-01 Morgan Stanley Capital I Inc., Commercial Mortgage Pass-Through Certificates, Series 2003-IQ4 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-2116922 54-2116923 54-2116924 54-2116925 54-2116926 54-2116927 54-6553619 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On October 15, 2003 a distribution was made to holders of Morgan Stanley Capital I Inc., Commercial Mortgage Pass-Through Certificates, Series 2003-IQ4 ITEM 7. Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2003-IQ4 relating to the October 15, 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. Morgan Stanley Capital I Inc., Commercial Mortgage Pass-Through Certificates, Series 2003-IQ4 By: Wells Fargo Bank Minnesota, N.A., as Paying Agent By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: October 15, 2003 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates Series 2003-IQ4, relating to the October 15, 2003 distribution. EX-99.1 Wells Fargo Bank MN, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Morgan Stanley Capital I Inc., Commercial Mortgage Pass-Through Certificates, Series 2003-IQ4 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: 10/15/2003 Record Date: 09/30/2003 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 14 Principal Prepayment Detail 15 Historical Detail 16 Delinquency Loan Detail 17 - 19 Specially Serviced Loan Detail 20 - 21 Modified Loan Detail 22 Liquidated Loan Detail 23 Depositor Morgan Stanley Capital I Inc. 1585 Broadway New York, NY 10036 Contact: General Information Number Phone Number: (212) 761-4700 Master Servicer GMAC Commercial Mortgage Corporation 200 Witmer Road Horsham, PA 19044-8015 Contact: Darri Cunningham Phone Number: (215) 328-1784 Special Servicer Midland Loan Services, Inc. 10851 Mastin Street, Suite 700 Overland Park, KS 66210 Contact: Brad Hauger Phone Number: (913) 253-9000 This report has been compiled from information provided to Wells Fargo Bank MN, N.A. by various third parties, which may include the Master Servicer, Special Servicer and others. Wells Fargo Bank MN, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank MN, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2003, Wells Fargo Bank Minnesota, N.A.
Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Rate Balance Balance Distribution A-1 61745MQL0 3.270000% 178,879,000.00 176,558,127.50 809,610.30 A-2 61745MQM8 4.070000% 449,730,000.00 449,730,000.00 0.00 B 61745MQN6 4.180000% 18,194,000.00 18,194,000.00 0.00 C 61745MQP1 4.270000% 23,652,000.00 23,652,000.00 0.00 D 61745MQQ9 4.340000% 4,549,000.00 4,549,000.00 0.00 E 61745MPY3 4.710000% 7,278,000.00 7,278,000.00 0.00 F 61745MPZ0 4.820000% 7,277,000.00 7,277,000.00 0.00 G 61745MQA4 5.490000% 8,188,000.00 8,188,000.00 0.00 H 61745MQB2 5.500000% 8,187,000.00 8,187,000.00 0.00 J 61745MQC0 5.500000% 3,639,000.00 3,639,000.00 0.00 K 61745MQD8 5.500000% 1,819,000.00 1,819,000.00 0.00 L 61745MQE6 5.500000% 5,459,000.00 5,459,000.00 0.00 M 61745MQF3 5.500000% 1,819,000.00 1,819,000.00 0.00 N 61745MQH9 5.500000% 1,819,000.00 1,819,000.00 0.00 O 61745MQJ5 5.500000% 7,278,609.00 7,278,609.00 0.00 R-1 N/A 0.000000% 0.00 0.00 0.00 R-2 N/A 0.000000% 0.00 0.00 0.00 R-3 N/A 0.000000% 0.00 0.00 0.00 EI N/A 0.000000% 0.00 0.00 0.00 Totals 727,767,609.00 725,446,736.50 809,610.30
Class CUSIP Interest Prepayment Realized Loss/ Total Current Distribution Penalties Additional Trust Distribution Ending Balance Subordination Fund Expenses Level(1) A-1 61745MQL0 481,120.90 0.00 0.00 1,290,731.20 175,748,517.20 13.68% A-2 61745MQM8 1,525,334.25 0.00 0.00 1,525,334.25 449,730,000.00 13.68% B 61745MQN6 63,375.77 0.00 0.00 63,375.77 18,194,000.00 11.17% C 61745MQP1 84,161.70 0.00 0.00 84,161.70 23,652,000.00 7.91% D 61745MQQ9 16,452.22 0.00 0.00 16,452.22 4,549,000.00 7.28% E 61745MPY3 28,566.15 0.00 0.00 28,566.15 7,278,000.00 6.28% F 61745MPZ0 29,229.28 0.00 0.00 29,229.28 7,277,000.00 5.27% G 61745MQA4 37,460.10 0.00 0.00 37,460.10 8,188,000.00 4.14% H 61745MQB2 37,523.75 0.00 0.00 37,523.75 8,187,000.00 3.01% J 61745MQC0 16,678.75 0.00 0.00 16,678.75 3,639,000.00 2.51% K 61745MQD8 8,337.08 0.00 0.00 8,337.08 1,819,000.00 2.26% L 61745MQE6 25,020.42 0.00 0.00 25,020.42 5,459,000.00 1.51% M 61745MQF3 8,337.08 0.00 0.00 8,337.08 1,819,000.00 1.26% N 61745MQH9 8,337.08 0.00 0.00 8,337.08 1,819,000.00 1.00% O 61745MQJ5 33,360.29 0.00 0.00 33,360.29 7,278,609.00 0.00% R-1 N/A 0.00 0.00 0.00 0.00 0.00 0.00% R-2 N/A 0.00 0.00 0.00 0.00 0.00 0.00% R-3 N/A 0.00 0.00 0.00 0.00 0.00 0.00% EI N/A 0.00 0.00 0.00 0.00 0.00 0.00% Totals 2,403,294.82 0.00 0.00 3,212,905.12 724,637,126.20
Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount X-1 61745MPW7 0.201032% 727,767,609.00 725,446,736.50 X-2 61745MPX5 2.047234% 667,249,000.00 667,249,000.00
Ending Interest Prepayment Total Notional Class CUSIP Distribution Penalties Distribution Amount X-1 61745MPW7 121,531.91 0.00 121,531.91 724,637,126.20 X-2 61745MPX5 1,138,345.75 0.00 1,138,345.75 667,249,000.00 (1) Calculated by taking (A) the sum of the ending certificate balance of all classes less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and dividing the result by (A).
Certificate Factor Detail Prepayment Realized Loss/ Ending Beginning Principal Interest Penalties Additional Trust Balance Class CUSIP Balance Distribution Distribution Fund Expenses A-1 61745MQL0 987.02546135 4.52602206 2.68964440 0.00000000 0.00000000 982.49943929 A-2 61745MQM8 1,000.00000000 0.00000000 3.39166667 0.00000000 0.00000000 1,000.00000000 B 61745MQN6 1,000.00000000 0.00000000 3.48333352 0.00000000 0.00000000 1,000.00000000 C 61745MQP1 1,000.00000000 0.00000000 3.55833333 0.00000000 0.00000000 1,000.00000000 D 61745MQQ9 1,000.00000000 0.00000000 3.61666740 0.00000000 0.00000000 1,000.00000000 E 61745MPY3 1,000.00000000 0.00000000 3.92500000 0.00000000 0.00000000 1,000.00000000 F 61745MPZ0 1,000.00000000 0.00000000 4.01666621 0.00000000 0.00000000 1,000.00000000 G 61745MQA4 1,000.00000000 0.00000000 4.57500000 0.00000000 0.00000000 1,000.00000000 H 61745MQB2 1,000.00000000 0.00000000 4.58333333 0.00000000 0.00000000 1,000.00000000 J 61745MQC0 1,000.00000000 0.00000000 4.58333333 0.00000000 0.00000000 1,000.00000000 K 61745MQD8 1,000.00000000 0.00000000 4.58333150 0.00000000 0.00000000 1,000.00000000 L 61745MQE6 1,000.00000000 0.00000000 4.58333394 0.00000000 0.00000000 1,000.00000000 M 61745MQF3 1,000.00000000 0.00000000 4.58333150 0.00000000 0.00000000 1,000.00000000 N 61745MQH9 1,000.00000000 0.00000000 4.58333150 0.00000000 0.00000000 1,000.00000000 O 61745MQJ5 1,000.00000000 0.00000000 4.58333316 0.00000000 0.00000000 1,000.00000000 R-1 N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 EI N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
Beginnning Ending Notional Interest Prepayment Notional Class CUSIP Amount Distribution Penalties Amount X-1 61745MPW7 996.81097033 0.16699274 0.00000000 995.69851315 X-2 61745MPX5 1,000.00000000 1.70602841 0.00000000 1,000.00000000
Reconciliation Detail Advance Summary P & I Advances Outstanding 0.00 Servicing Advances Outstanding 0.00 Reimbursement for Interest on Advances 0.00 paid from general collections Current Period Accrued Servicing Fees 48,266.77 Less Delinquent Servicing Fees 32,113.46 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 23,097.25 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 39,250.56
Certificate Interest Reconciliation Class Accrued Net Aggregate Distributable Distributable Additional Interest Remaining Unpaid Certificate Prepayment Certificate Certificate Interest Trust Fund Distribution Distributable Interest Interest Shortfall Interest Adjustment Expenses Certificate Interest A-1 481,120.90 0.00 481,120.90 0.00 0.00 481,120.90 0.00 A-2 1,525,334.25 0.00 1,525,334.25 0.00 0.00 1,525,334.25 0.00 B 63,375.77 0.00 63,375.77 0.00 0.00 63,375.77 0.00 C 84,161.70 0.00 84,161.70 0.00 0.00 84,161.70 0.00 D 16,452.22 0.00 16,452.22 0.00 0.00 16,452.22 0.00 E 28,566.15 0.00 28,566.15 0.00 0.00 28,566.15 0.00 F 29,229.28 0.00 29,229.28 0.00 0.00 29,229.28 0.00 G 37,460.10 0.00 37,460.10 0.00 0.00 37,460.10 0.00 H 37,523.75 0.00 37,523.75 0.00 0.00 37,523.75 0.00 J 16,678.75 0.00 16,678.75 0.00 0.00 16,678.75 0.00 K 8,337.08 0.00 8,337.08 0.00 0.00 8,337.08 0.00 L 25,020.42 0.00 25,020.42 0.00 0.00 25,020.42 0.00 M 8,337.08 0.00 8,337.08 0.00 0.00 8,337.08 0.00 N 8,337.08 0.00 8,337.08 0.00 0.00 8,337.08 0.00 O 33,360.29 0.00 33,360.29 0.00 0.00 33,360.29 0.00 X-1 121,531.91 0.00 121,531.91 0.00 0.00 121,531.91 0.00 X-2 1,138,345.75 0.00 1,138,345.75 0.00 0.00 1,138,345.75 0.00 Total 3,663,172.48 0.00 3,663,172.48 0.00 0.00 3,663,172.48 0.00
Other Required Information Available Distribution Amount (1) 4,472,782.78 Aggregate Number of Outstanding Loans 119 Aggregate Unpaid Principal Balance of Loans 725,064,118.52 Aggregate Stated Principal Balance of Loans 724,637,126.46 Aggregate Amount of Servicing Fee 39,250.56 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of Trustee Fee 1,692.71 Aggregate Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Interest Reserve Withdrawal 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 0 Aggregate Unpaid Principal Balance 0.00 (1) The Available Distribution Amount includes any Prepayment Premiums.
Appraisal Reductions Appraisal Cumulative Date Appraisal Loan Reduction ASER Reduction Number Amount Amount Effected None Total
Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 3,713,131.85 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments 0.00 Deferred Interest 0.00 Net Prepayment Interest Shortfall 0.00 Net Prepayment Interest Excess 0.00 Extension Interest 0.00 Interest Reserve Withdrawal 0.00 Total Interest Collected 3,713,131.85 Principal: Scheduled Principal 809,610.30 Unscheduled Principal 0.00 Principal Prepayments 0.00 Collection of Principal after Maturity Date 0.00 Recoveries from Liquidation and Insurance Proceeds 0.00 Excess of Prior Principal Amounts paid 0.00 Curtailments 0.00 Negative Amortization 0.00 Principal Adjustments 0.00 Total Principal Collected 809,610.30 Other: Prepayment Penalties/Yield Maintenance 0.00 Repayment Fees 0.00 Borrower Option Extension Fees 0.00 Equity Payments Received 0.00 Net Swap Counterparty Payments Received 0.00 Total Other Collected: 0.00 Total Funds Collected 4,522,742.15 Total Funds Distributed Fees: Master Servicing Fee 48,266.77 Trustee Fee 1,692.71 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 49,959.48 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount 0.00 Special Servicing Fee 0.00 Rating Agency Expenses 0.00 Attorney Fees & Expenses 0.00 Bankruptcy Expense 0.00 Taxes Imposed on Trust Fund 0.00 Non-Recoverable Advances 0.00 Other Expenses 0.00 Total Additional Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 3,663,172.48 Principal Distribution 809,610.30 Prepayment Penalties/Yield Maintenance 0.00 Borrower Option Extension Fees 0.00 Equity Payments Paid 0.00 Net Swap Counterparty Payments Paid 0.00 Total Payments to Certificateholders & Others 4,472,782.78 Total Funds Distributed 4,522,742.26
Ratings Detail Original Ratings Current Ratings(1) Class Cusip Fitch Moody's S&P Fitch Moody's S&P A-1 61745MQL0 AAA Aaa X AAA Aaa X A-2 61745MQM8 AAA Aaa X AAA Aaa X B 61745MQN6 AA Aa2 X AA Aa2 X C 61745MQP1 A A2 X A A2 X D 61745MQQ9 A- A3 X A- A3 X E 61745MPY3 BBB+ Baa1 X BBB+ Baa1 X F 61745MPZ0 BBB Baa2 X BBB Baa2 X G 61745MQA4 BBB- Baa3 X BBB- Baa3 X H 61745MQB2 BB+ Ba1 X BB+ Ba1 X J 61745MQC0 BB Ba2 X BB Ba2 X K 61745MQD8 BB- Ba3 X BB- Ba3 X L 61745MQE6 B+ B1 X B+ B1 X M 61745MQF3 B B2 X B B2 X N 61745MQH9 B- B3 X B- B3 X O 61745MQJ5 NR NR X NR NR X X-1 61745MPW7 AAA Aaa X AAA Aaa X X-2 61745MPX5 AAA Aaa X AAA Aaa X
NR - Designates that the class was not rated by the above agency at the time of original issuance. X - Designates that the above rating agency did not rate any classes in this transaction at the time of original issuance. N/A - Data not available this period. 1) For any class not rated at the time of original issuance by any particular rating agency, no request has been made subsequent to issuance to obtain rating information, if any, from such rating agency. The current ratings were obtained directly from the applicable rating agency within 30 days of the payment date listed above. The ratings may have changed since they were obtained. Because the ratings may have changed, you may want to obtain current ratings directly from the rating agencies. Fitch, Inc. One State Street Plaza New York, New York 10004 (212) 908-0500 Moody's Investors Service 99 Church Street New York, New York 10007 (212) 553-0300 Standard & Poor's Rating Services 55 Water Street New York, New York 10041 (212) 438-2430
Current Mortgage Loan and Property Stratification Tables Scheduled Balance % Of Scheduled # of Scheduled Agg. WAM Weighted Balance Loans Balance Bal. (2) WAC Avg DSCR(1) Below 2,500,000 54 79,046,527.49 10.91 146 6.5083 1.404724 2,500,001 to 5,000,000 36 123,951,304.51 17.11 122 6.5366 1.610148 5,000,001 to 7,500,000 6 38,664,133.81 5.34 107 6.2697 1.339604 7,500,001 to 10,000,000 7 58,387,068.93 8.06 119 6.4520 1.394413 10,000,001 to 12,500,000 7 78,066,132.17 10.77 110 6.2711 1.602982 12,500,001 to 15,000,000 1 13,718,969.08 1.89 112 7.3300 1.230000 15,000,001 to 17,500,000 1 16,375,879.15 2.26 111 7.0200 1.320000 17,500,001 to 20,000,000 1 19,406,657.51 2.68 115 5.7500 1.370000 20,000,001 to 30,000,000 2 46,020,453.81 6.35 110 5.3566 1.709065 30,000,001 to 50,000,000 0 0.00 0.00 0 0.0000 0.000000 50,000,001 to 60,000,000 2 113,500,000.00 15.66 111 5.9003 2.494053 60,000,001 and greater 2 137,500,000.00 18.98 114 5.6276 2.134000 Totals 119 724,637,126.46 100.00 118 6.1417 1.779093
State(3) # of Scheduled % of Weighted State Props. Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Alabama 1 1,937,951.88 0.27 171 6.0200 2.140000 Arizona 2 2,691,699.63 0.37 110 6.3750 1.432364 Arkansas 1 4,079,929.69 0.56 115 5.6500 1.400000 California 10 73,738,840.41 10.18 112 6.5239 1.366823 Colorado 1 8,209,896.45 1.13 86 7.9500 1.310000 Connecticut 2 10,844,824.56 1.50 115 5.9660 1.436742 Florida 12 136,491,097.80 18.84 117 5.8372 1.781928 Georgia 5 15,762,812.99 2.18 140 7.4705 1.106095 Illinois 3 85,912,354.75 11.86 109 5.2038 2.793395 Indiana 2 2,557,535.58 0.35 146 6.2685 1.608253 Kentucky 1 883,041.56 0.12 170 7.3800 1.480000 Maryland 3 6,415,853.05 0.89 134 6.1791 1.329558 Michigan 4 13,213,598.93 1.82 185 7.6665 1.242290 Minnesota 1 7,910,412.21 1.09 108 6.4900 1.260000 Nebraska 2 7,249,871.70 1.00 110 6.2000 1.366531 Nevada 2 4,833,836.21 0.67 49 7.1023 1.354381 New Jersey 5 22,960,493.14 3.17 100 6.6545 1.490917 New Mexico 5 6,614,504.58 0.91 114 6.1194 1.365033 New York 5 14,853,847.78 2.05 158 6.7001 1.292186 North Carolina 1 10,513,714.91 1.45 111 7.2500 1.160000 North Dakota 1 1,389,967.48 0.19 172 6.0000 1.180000 Ohio 17 43,640,921.35 6.02 122 5.9319 2.517010 Oregon 1 3,042,286.35 0.42 54 7.0000 1.850000 Pennsylvania 3 34,399,454.37 4.75 114 5.6682 1.476858 Puerto Rico 1 2,216,110.61 0.31 113 7.0000 1.420000 South Carolina 1 785,533.20 0.11 173 6.1250 1.600000 Tennessee 3 5,706,318.98 0.79 162 6.9525 1.130263 Texas 9 81,703,965.41 11.28 123 6.5798 1.565619 Utah 3 5,480,737.72 0.76 142 7.0761 1.200980 Virginia 5 9,071,308.98 1.25 147 6.8260 1.322314 Washington 3 19,176,746.47 2.65 113 5.8946 1.340118 Washington,DC 1 67,500,000.00 9.32 113 5.7600 2.190000 Wisconsin 3 12,847,657.73 1.77 95 6.1678 1.361548 Totals 119 724,637,126.46 100.00 118 6.1417 1.779093
Debt Service Coverage Ratio(1) Debt Service # of Scheduled % of Weighted Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 1.15 or less 15 40,147,508.20 5.54 158 7.3590 1.067774 1.16 to 1.25 20 55,810,632.21 7.70 139 6.9773 1.197235 1.26 to 1.35 14 78,491,920.52 10.83 114 6.5682 1.295772 1.36 to 1.50 38 186,791,164.36 25.78 112 6.1076 1.422899 1.51 to 1.75 14 97,226,312.52 13.42 119 6.4531 1.642756 1.76 to 2.00 5 35,332,755.78 4.88 100 5.6321 1.863036 2.01 or greater 13 230,836,832.87 31.86 113 5.5573 2.540635 Totals 119 724,637,126.46 100.00 118 6.1417 1.779093
Property Type (3) Property # of Scheduled % of Weighted Type Props Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Industrial 27 70,425,092.03 9.72 121 7.1229 1.280837 Lodging 1 3,952,387.60 0.55 110 6.9900 1.515200 Mixed Use 7 34,945,788.17 4.82 118 6.3522 1.401752 Multi-Family 19 92,392,458.73 12.75 116 6.3627 1.925295 Office 20 194,919,909.30 26.90 110 5.7947 2.209532 Retail 44 325,016,290.54 44.85 122 6.0371 1.634706 Self Storage 1 2,985,200.09 0.41 116 6.6000 1.390000 Totals 119 724,637,126.46 100.00 118 6.1417 1.779093
Note Rate Note # of Scheduled % of Weighted Rate Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 5.000% or less 1 1,935,576.19 0.27 115 4.9100 1.120000 5.001% to 5.500% 5 165,383,299.36 22.82 112 5.3149 2.465868 5.501% to 6.000% 30 240,299,006.18 33.16 113 5.7712 1.805856 6.001% to 6.500% 35 91,481,154.67 12.62 139 6.2281 1.368760 6.501% to 7.000% 27 116,417,742.18 16.07 116 6.7777 1.536826 7.001% to 7.500% 13 77,273,312.88 10.66 120 7.1989 1.277058 7.501% to 8.000% 4 16,245,474.94 2.24 69 7.8774 1.550196 8.001% to 8.500% 2 12,087,310.75 1.67 182 8.2857 1.106483 8.501% to 9.000% 1 2,794,675.43 0.39 191 8.6124 1.120000 9.001% to 10.500% 0 0.00 0.00 0 0.0000 0.000000 10.501% or greater 1 719,573.88 0.10 147 10.9700 1.070000 Totals 119 724,637,126.46 100.00 118 6.1417 1.779093
Seasoning # of Scheduled % of Weighted Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 0 months 0 0.00 0.00 0 0.0000 0.000000 1 to 12 months 98 636,512,360.96 87.84 118 5.9557 1.842338 13 to 24 months 3 25,276,946.19 3.49 108 7.1816 1.320161 25 to 36 months 4 21,016,781.08 2.90 143 8.2465 1.184735 37 to 48 months 0 0.00 0.00 0 0.0000 0.000000 49 to 60 months 8 25,390,019.94 3.50 94 7.1141 1.377020 61 to 72 months 4 11,087,707.60 1.53 126 7.4832 1.353723 73 to 84 months 1 3,463,532.27 0.48 46 7.9000 1.770000 85 months or greater 1 1,889,778.42 0.26 150 7.3100 1.140000 Totals 119 724,637,126.46 100.00 118 6.1417 1.779093
Anticipated Remaining Term (ARD and Balloon Loans) Anticipated # of Scheduled % of Weighted Remaining Term(2) Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 60 months or less 5 14,769,424.83 2.04 46 7.4995 1.715427 61 to 120 months 64 613,044,260.97 84.60 111 5.9881 1.859877 121 to 180 months 3 5,596,410.22 0.77 169 7.0462 1.857618 181 months and greater 1 3,242,885.55 0.45 182 7.3000 1.020000 Totals 73 636,652,981.57 87.86 110 6.0391 1.852228
Remaining Stated Term (Fully Amortizing Loans) Remaining # of Scheduled % of Weighted Stated Term Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 60 months or less 0 0.00 0.00 0 0.0000 0.000000 61 to 120 months 6 9,000,825.90 1.24 109 5.9697 1.353860 121 to 180 months 29 48,349,252.07 6.67 159 6.9427 1.220314 181 to 240 months 11 30,634,066.92 4.23 211 7.0587 1.266027 241 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 46 87,984,144.89 12.14 172 6.8836 1.249892
Remaining Amortization Term (ARD and Balloon Loans) Remaining # of Scheduled % of Weighted Amortization Term Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Interest Only 7 28,760,000.00 3.97 111 5.7289 3.115591 120 months or less 0 0.00 0.00 0 0.0000 0.000000 121 to 180 months 3 6,104,952.66 0.84 69 7.2328 1.710795 181 to 240 months 17 34,798,228.89 4.80 111 6.8531 1.353998 241 to 300 months 17 200,192,922.64 27.63 107 6.1598 2.009149 301 to 360 months 29 366,796,877.38 50.62 112 5.9005 1.717145 361 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 73 636,652,981.57 87.86 110 6.0391 1.852228
Age of Most Recent NOI Age of Most # of Scheduled % of Weighted Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Underwriter's Information 112 688,016,472.73 94.95 118 6.1300 1.796598 1 year or less 7 36,620,653.73 5.05 116 6.3600 1.450212 1 to 2 years 0 0.00 0.00 0 0.0000 0.000000 2 years and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 119 724,637,126.46 100.00 118 6.1417 1.779093 (1) Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrower on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is used. The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. (2)Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date balance of each property as disclosed in the offering document. Note: (i) An ARD Loan constitutes a "Hyper-Amortization Loan" as defined in the offering document.
Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type(1) City State Payment Payment Coupon 991087710 1 RT Orlando FL 320,833.33 0.00 5.500% 991087691 2 OF Washington DC 324,000.00 0.00 5.760% 991087690 3 OF Chicago IL 251,306.25 0.00 5.155% 991087711 4 RT Katy TX 306,762.50 0.00 6.693% 991087692 5 RT Oak Brook IL 105,388.86 30,655.98 5.120% 991087663 6 RT Tredyffrin PA 100,280.39 23,553.62 5.630% 991087664 7 RT Encino CA 93,089.46 20,707.25 5.750% 991087734 8 MF Gainesville FL 95,881.47 14,115.16 7.020% 991087665 9 MF Rocklin CA 83,867.37 11,022.93 7.330% 991087714 10 RT Sunset Valley TX 59,641.12 19,451.04 5.810% 991087666 11 IN Dayton NJ 22,322.77 7,673.12 7.000% 991087666 12 IN Cleveland OH 13,383.46 4,600.36 7.000% 991087666 13 IN Cidra PR 12,953.28 4,452.50 7.000% 991087666 14 IN Bryan TX 8,634.64 2,968.02 7.000% 991087666 15 IN Valparaiso IN 6,908.42 2,374.66 7.000% 991087666 16 IN Toccoa GA 6,476.64 2,226.25 7.000% 991087672 17 OF Boca Raton FL 60,832.56 12,137.69 6.070% 991087712 18 MU Cranford NJ 58,040.38 11,222.52 6.250% 991087715 19 MF Cincinnati OH 52,832.42 0.00 5.686% 991087735 20 RT Fontana CA 61,830.01 9,573.07 7.030% 991087736 21 OF Charlotte NC 63,600.32 13,234.05 7.250% 991087716 22 RT Bellevue WA 51,618.56 15,648.50 5.940% 991087673 23 RT Apopka FL 44,443.98 9,535.62 5.850% 991087674 24 RT Naples FL 39,772.31 9,862.35 5.440% 991087693 25 IN Saline MI 52,734.72 20,996.28 8.220% 991087694 26 IN Saline MI 6,599.31 2,319.69 10.970% 991087675 27 RT Philadelphia PA 38,945.19 9,171.56 5.580% 991087676 28 RT Santa Ana CA 41,178.89 8,698.34 5.910% 991087695 29 RT Littleton CO 54,458.46 10,248.54 7.950% 991087737 30 MU Minneapolis MN 42,823.73 7,689.11 6.490% 991087717 31 OF Wauwatosa WI 36,958.10 11,637.82 5.920% 991087738 32 MF Seattle WA 35,351.71 7,760.59 5.860% 991087739 33 IN El Cajon CA 40,399.94 9,944.45 6.730% 991087696 34 IN Marietta GA 35,717.35 30,302.65 7.210% 991087677 35 OF Meriden CT 28,828.17 5,676.72 6.090% 991087718 36 MU Milford CT 25,144.49 5,466.08 5.830% 991087719 37 RT Smyrna TN 20,106.23 6,821.70 8.612% 991087720 38 RT Gallatin TN 7,973.54 13,151.69 4.910% 991087678 39 OF Philadelphia PA 23,437.31 4,741.56 6.000% 991087679 40 MF Tallahassee FL 21,439.68 4,821.10 5.750% 991087697 41 IN Acworth GA 30,954.15 12,213.85 8.400% 991087680 42 MF Tampa FL 20,693.06 5,766.36 5.600% 991087698 43 IN Duluth GA 14,397.75 13,622.22 7.000% 991087698 44 IN Duluth GA 11,004.39 10,411.64 7.000% 991087681 45 IN Baltimore MD 20,534.76 6,408.11 5.830% 991087682 46 MF Searcy AR 19,230.56 4,436.11 5.650% 991087713 47 LO Syosset NY 23,052.91 5,192.75 6.990% 991087721 48 OF Beverly Hills CA 19,273.94 5,829.98 5.990% 991087740 49 IN Gahanna OH 10,873.57 7,159.70 6.500% 991087740 50 IN Reynoldsburg OH 1,826.58 1,202.72 6.500% 991087740 51 IN Gahanna OH 1,481.70 975.63 6.500% 991087743 52 OF Grove City OH 3,704.29 2,439.08 6.500% 991087743 53 OF Reynoldsburg OH 2,467.45 1,624.69 6.500% 991087700 54 IN Las Vegas NV 22,368.59 10,827.41 7.250% 991087722 55 OF Omaha NE 19,139.38 5,482.45 6.200% 991087723 56 OF Omaha NE 18,373.81 5,263.15 6.200% 991087683 57 MU Alexandria VA 19,711.27 3,119.38 6.750% 991087684 58 RT Madison WI 17,639.78 3,524.84 6.080% 991087685 59 OF Cincinnati OH 17,403.45 3,520.86 6.000% 991087701 60 MF Los Angeles CA 22,828.34 4,063.46 7.900% 991087686 61 IN Clifton NJ 17,652.60 7,581.28 6.150% 991087724 62 MF Cincinnati OH 15,366.88 0.00 5.345% 991087745 63 RT Plainview NY 17,195.81 7,612.17 6.100% 991087725 64 MF Cincinnati OH 18,253.17 0.00 6.519% 991087702 65 RT Huntington Station NY 20,030.74 10,951.60 7.320% 991087703 66 RT Rowlett TX 19,786.73 9,728.06 7.300% 991087704 67 IN Clifton NJ 20,737.05 18,748.95 7.730% 991087746 68 RT Brighton MI 16,930.75 7,189.88 6.250% 991087705 69 OF Portland OR 17,779.02 5,544.98 7.000% 991087726 70 MF Cincinnati OH 14,591.71 0.00 5.741% 991087747 71 MU St. George UT 18,328.42 10,145.36 7.350% 991087687 72 SS Hastings on Hudson NY 16,440.62 4,003.45 6.600% 991087706 73 IN Anaheim CA 16,690.80 5,527.20 6.890% 991087748 74 MF Yuba City CA 14,725.37 6,387.12 6.200% 991087727 75 MF Cincinnati OH 13,112.38 0.00 5.521% 991087728 76 MF Cincinnati OH 13,582.63 0.00 5.719% 991087729 77 MU Naples FL 13,574.02 2,944.33 5.850% 991087688 78 MF Orlando FL 17,036.46 2,864.80 7.380% 991087707 79 OF Buffalo Grove IL 16,046.76 8,375.24 7.000% 991087749 80 RT Boynton Beach FL 12,466.46 5,480.33 6.125% 991087730 81 RT Lakeland FL 12,283.14 3,460.03 6.190% 991087689 82 RT Lorain OH 11,230.74 2,609.20 5.660% 991087750 83 RT Houston TX 12,703.43 5,950.66 6.875% 991087751 84 RT Pearland TX 11,490.18 4,510.02 6.625% 991087752 85 RT Alexandria VA 11,800.89 7,165.97 6.850% 991087753 86 IN Katy TX 10,733.68 8,166.13 6.350% 991087731 87 MF Cincinnati OH 9,563.25 0.00 5.598% 991087754 88 MF Albuquerque NM 9,549.08 12,192.46 5.750% 991087755 89 OF Albuquerque NM 10,345.33 16,453.71 6.450% 991087732 90 RT Birmingham AL 9,757.88 7,140.87 6.020% 991087756 91 RT Fairfield Township OH 10,433.97 4,198.23 6.420% 991087757 92 RT Houston TX 10,965.30 5,267.91 6.875% 991087708 93 RT Kenosha WI 11,558.78 7,696.09 7.310% 991087758 94 IN Albuquerque NM 6,860.00 6,819.59 6.250% 991087758 95 IN Albuquerque NM 2,065.82 2,053.65 6.250% 991087760 96 OF Phoenix AZ 8,859.39 3,690.56 6.375% 991087761 97 IN Salt Lake City UT 9,721.23 3,458.85 7.000% 991087762 98 RT Plymouth MI 8,374.87 3,436.85 6.375% 991087763 99 RT Bremerton WA 7,381.58 7,598.18 5.750% 991087764 100 RT Waldorf MD 8,698.31 5,281.96 6.850% 991087765 101 OF Annandale VA 8,949.36 5,063.09 7.250% 991087766 102 MU Dallas TX 7,611.96 5,336.75 6.200% 991087767 103 RT Los Angeles CA 7,471.10 5,288.27 6.125% 991087768 104 MF Grand Forks ND 6,975.30 5,091.85 6.000% 991087709 105 IN Clifton NJ 8,887.09 8,035.91 7.730% 991087733 106 RT Ft. Wayne IN 6,489.12 5,054.32 5.640% 991087769 107 IN Westbury NY 6,396.37 4,594.85 6.030% 991087770 108 RT Elko NV 6,346.92 7,355.28 6.625% 991087771 109 RT Cleves OH 5,783.36 2,235.56 6.625% 991087772 110 RT Rio Rancho NM 5,136.67 6,631.50 6.000% 991087773 111 RT Woodbridge VA 5,738.88 6,891.77 6.750% 991087774 112 OF Phoenix AZ 5,471.98 2,279.46 6.375% 991087775 113 RT Chester VA 5,539.68 2,214.28 6.500% 991087776 114 OF Bartlett TN 5,101.77 3,472.46 6.250% 991087777 115 RT Oakland Park FL 5,065.50 3,508.73 6.250% 991087778 116 MF Cold Spring KY 5,441.43 1,743.01 7.380% 991087779 117 RT Salt Lake City UT 4,360.95 1,851.94 6.250% 991087780 118 RT Mount Pleasant SC 4,023.90 2,823.63 6.125% 991087781 119 RT Annapolis MD 3,878.23 2,355.01 6.850% Totals 3,713,131.85 809,610.30
Loan Anticipated Neg Beginning Ending Paid Number Repayment Maturity Amort Scheduled Scheduled Thru Date Date (Y/N) Balance Balance Date 991087710 N/A 04/09/2013 N 70,000,000.00 70,000,000.00 09/09/2003 991087691 N/A 03/01/2013 N 67,500,000.00 67,500,000.00 09/01/2003 991087690 N/A 01/01/2013 N 58,500,000.00 58,500,000.00 10/01/2003 991087711 N/A 01/09/2013 N 55,000,000.00 55,000,000.00 09/09/2003 991087692 N/A 10/01/2012 N 24,700,513.00 24,669,857.02 09/01/2003 991087663 03/01/2013 04/01/2033 N 21,374,150.41 21,350,596.79 10/01/2003 991087664 05/01/2013 06/01/2033 N 19,427,364.76 19,406,657.51 10/01/2003 991087734 N/A 01/10/2013 N 16,389,994.31 16,375,879.15 09/10/2003 991087665 02/01/2013 03/01/2033 N 13,729,992.01 13,718,969.08 10/01/2003 991087714 N/A 11/05/2012 N 12,318,303.42 12,298,852.38 09/05/2003 991087666 03/01/2013 04/01/2023 N 3,826,761.09 3,819,087.97 09/01/2003 991087666 03/01/2013 04/01/2023 N 2,294,307.99 2,289,707.63 09/01/2003 991087666 03/01/2013 04/01/2023 N 2,220,563.11 2,216,110.61 09/01/2003 991087666 03/01/2013 04/01/2023 N 1,480,223.59 1,477,255.57 09/01/2003 991087666 03/01/2013 04/01/2023 N 1,184,300.40 1,181,925.74 09/01/2003 991087666 03/01/2013 04/01/2023 N 1,110,281.05 1,108,054.80 09/01/2003 991087672 04/01/2013 05/01/2033 N 12,026,205.56 12,014,067.87 10/01/2003 991087712 N/A 11/01/2012 N 11,143,752.46 11,132,529.94 10/01/2003 991087715 N/A 01/05/2013 N 11,150,000.00 11,150,000.00 09/05/2003 991087735 N/A 05/10/2012 N 10,554,197.18 10,544,624.11 10/10/2003 991087736 N/A 01/10/2013 N 10,526,948.96 10,513,714.91 09/10/2003 991087716 N/A 04/01/2013 N 10,427,991.46 10,412,342.96 09/01/2003 991087673 N/A 05/01/2013 N 9,116,714.32 9,107,178.70 10/01/2003 991087674 06/01/2013 07/01/2033 N 8,773,304.69 8,763,442.34 10/01/2003 991087693 N/A 01/01/2019 N 7,698,499.69 7,677,503.41 10/01/2003 991087694 N/A 01/01/2016 N 721,893.57 719,573.88 10/01/2003 991087675 06/01/2013 07/01/2033 N 8,375,309.24 8,366,137.68 10/01/2003 991087676 04/01/2013 05/01/2033 N 8,361,196.48 8,352,498.14 10/01/2003 991087695 N/A 12/01/2010 N 8,220,144.99 8,209,896.45 10/01/2003 991087737 N/A 10/10/2012 N 7,918,101.32 7,910,412.21 10/10/2003 991087717 N/A 11/05/2009 N 7,491,506.49 7,479,868.67 09/05/2003 991087738 N/A 01/10/2013 N 7,239,257.66 7,231,497.07 09/10/2003 991087739 N/A 11/10/2012 N 7,203,555.37 7,193,610.92 09/10/2003 991087696 N/A 07/01/2014 N 5,944,635.24 5,914,332.59 10/01/2003 991087677 05/01/2013 06/01/2033 N 5,680,428.18 5,674,751.46 10/01/2003 991087718 N/A 04/01/2013 N 5,175,539.18 5,170,073.10 09/01/2003 991087719 N/A 09/15/2019 N 2,801,497.13 2,794,675.43 09/15/2003 991087720 N/A 05/15/2013 N 1,948,727.88 1,935,576.19 09/15/2003 991087678 N/A 06/01/2013 N 4,687,461.46 4,682,719.90 10/01/2003 991087679 N/A 03/01/2013 N 4,474,369.04 4,469,547.94 10/01/2003 991087697 N/A 10/01/2018 N 4,422,021.19 4,409,807.34 10/01/2003 991087680 N/A 06/01/2013 N 4,434,227.04 4,428,460.68 10/01/2003 991087698 N/A 01/01/2014 N 2,468,185.31 2,454,563.09 10/01/2003 991087698 N/A 01/01/2014 N 1,886,466.81 1,876,055.17 10/01/2003 991087681 N/A 05/01/2013 N 4,226,709.52 4,220,301.41 10/01/2003 991087682 N/A 05/01/2013 N 4,084,365.80 4,079,929.69 09/01/2003 991087713 N/A 12/01/2012 N 3,957,580.35 3,952,387.60 10/01/2003 991087721 N/A 02/05/2013 N 3,861,222.60 3,855,392.62 09/05/2003 991087740 N/A 12/01/2017 N 2,007,428.24 2,000,268.54 09/01/2003 991087740 N/A 12/01/2017 N 337,215.54 336,012.82 09/01/2003 991087740 N/A 12/01/2017 N 273,545.50 272,569.87 09/01/2003 991087743 N/A 12/01/2017 N 683,868.09 681,429.01 09/01/2003 991087743 N/A 12/01/2017 N 455,529.12 453,904.43 09/01/2003 991087700 N/A 03/01/2006 N 3,702,387.40 3,691,559.99 10/01/2003 991087722 N/A 12/01/2012 N 3,704,396.60 3,698,914.15 09/01/2003 991087723 N/A 12/01/2012 N 3,556,220.70 3,550,957.55 09/01/2003 991087683 N/A 03/01/2013 N 3,504,226.57 3,501,107.19 10/01/2003 991087684 03/01/2013 04/01/2033 N 3,481,535.48 3,478,010.64 10/01/2003 991087685 N/A 06/01/2013 N 3,480,689.47 3,477,168.61 10/01/2003 991087701 N/A 08/01/2007 N 3,467,595.73 3,463,532.27 10/01/2003 991087686 N/A 04/01/2013 N 3,444,410.29 3,436,829.01 10/01/2003 991087724 N/A 01/05/2013 N 3,450,000.00 3,450,000.00 09/05/2003 991087745 N/A 02/01/2023 N 3,382,781.94 3,375,169.77 09/01/2003 991087725 N/A 01/05/2013 N 3,360,000.00 3,360,000.00 09/05/2003 991087702 N/A 12/01/2017 N 3,283,727.43 3,272,775.83 10/01/2003 991087703 N/A 12/01/2018 N 3,252,613.61 3,242,885.55 10/01/2003 991087704 N/A 05/01/2008 N 3,219,205.39 3,200,456.44 10/01/2003 991087746 N/A 02/01/2023 N 3,250,703.16 3,243,513.28 09/01/2003 991087705 N/A 04/01/2008 N 3,047,831.33 3,042,286.35 10/01/2003 991087726 N/A 01/05/2013 N 3,050,000.00 3,050,000.00 09/05/2003 991087747 N/A 10/01/2017 N 2,992,395.79 2,982,250.43 09/01/2003 991087687 N/A 06/01/2013 N 2,989,203.54 2,985,200.09 10/01/2003 991087706 N/A 12/01/2008 N 2,906,961.01 2,901,433.81 10/01/2003 991087748 N/A 01/01/2023 N 2,850,070.85 2,843,683.73 09/01/2003 991087727 N/A 01/05/2013 N 2,850,000.00 2,850,000.00 09/05/2003 991087728 N/A 01/05/2013 N 2,850,000.00 2,850,000.00 09/05/2003 991087729 N/A 03/01/2013 N 2,784,414.63 2,781,470.30 09/01/2003 991087688 N/A 08/01/2017 N 2,770,156.01 2,767,291.21 10/01/2003 991087707 N/A 01/01/2009 N 2,750,872.97 2,742,497.73 10/01/2003 991087749 N/A 02/01/2023 N 2,442,409.09 2,436,928.76 09/01/2003 991087730 N/A 03/01/2013 N 2,381,222.80 2,377,762.77 09/01/2003 991087689 03/01/2013 04/01/2033 N 2,381,075.98 2,378,466.78 10/01/2003 991087750 N/A 05/01/2020 N 2,217,326.31 2,211,375.65 09/01/2003 991087751 N/A 11/01/2022 N 2,081,239.52 2,076,729.50 09/01/2003 991087752 N/A 12/01/2017 N 2,067,309.14 2,060,143.17 09/01/2003 991087753 N/A 12/01/2016 N 2,028,412.28 2,020,246.15 09/01/2003 991087731 N/A 01/05/2013 N 2,050,000.00 2,050,000.00 09/05/2003 991087754 N/A 10/01/2013 N 1,992,851.33 1,980,658.87 09/01/2003 991087755 N/A 04/01/2011 N 1,924,712.71 1,908,259.00 09/01/2003 991087732 N/A 01/01/2018 N 1,945,092.75 1,937,951.88 09/01/2003 991087756 N/A 03/01/2018 N 1,950,275.68 1,946,077.45 09/01/2003 991087757 N/A 02/01/2020 N 1,913,943.52 1,908,675.61 09/01/2003 991087708 N/A 04/01/2016 N 1,897,474.51 1,889,778.42 10/01/2003 991087758 N/A 11/01/2014 N 1,317,119.85 1,310,300.26 09/01/2003 991087758 N/A 11/01/2014 N 396,637.48 394,583.83 09/01/2003 991087760 N/A 12/01/2012 N 1,667,650.33 1,663,959.77 09/01/2003 991087761 N/A 11/01/2012 N 1,666,495.76 1,663,036.91 09/01/2003 991087762 N/A 02/01/2013 N 1,576,445.21 1,573,008.36 09/01/2003 991087763 N/A 01/01/2013 N 1,540,504.62 1,532,906.44 09/01/2003 991087764 N/A 12/01/2017 N 1,523,791.24 1,518,509.28 09/01/2003 991087765 N/A 10/01/2017 N 1,481,273.14 1,476,210.05 09/01/2003 991087766 N/A 01/01/2018 N 1,473,281.75 1,467,945.00 09/01/2003 991087767 N/A 02/01/2018 N 1,463,726.49 1,458,438.22 09/01/2003 991087768 N/A 02/01/2018 N 1,395,059.33 1,389,967.48 09/01/2003 991087709 N/A 05/01/2008 N 1,379,625.69 1,371,589.78 10/01/2003 991087733 N/A 05/05/2018 N 1,380,664.16 1,375,609.84 09/05/2003 991087769 N/A 03/01/2018 N 1,272,909.34 1,268,314.49 09/01/2003 991087770 N/A 02/01/2013 N 1,149,631.50 1,142,276.22 09/01/2003 991087771 N/A 01/01/2023 N 1,047,551.77 1,045,316.21 09/01/2003 991087772 N/A 04/01/2013 N 1,027,334.12 1,020,702.62 09/01/2003 991087773 N/A 09/10/2012 N 1,020,244.77 1,013,353.00 09/10/2003 991087774 N/A 12/01/2012 N 1,030,019.32 1,027,739.86 09/01/2003 991087775 N/A 01/01/2023 N 1,022,709.85 1,020,495.57 09/01/2003 991087776 N/A 03/01/2018 N 979,539.82 976,067.36 09/01/2003 991087777 N/A 01/01/2018 N 972,576.81 969,068.08 09/01/2003 991087778 N/A 12/01/2017 N 884,784.57 883,041.56 09/01/2003 991087779 N/A 02/01/2013 N 837,302.32 835,450.38 09/01/2003 991087780 N/A 03/01/2018 N 788,356.83 785,533.20 09/01/2003 991087781 N/A 12/01/2017 N 679,397.37 677,042.36 09/01/2003 Totals 725,446,736.76 724,637,126.46 Appraisal Appraisal Res Mod Reduction Reduction Strat. Code Date Amount (2) (3) Totals 0.00 (1) Property Type Code MF- Multi-Family RT- Retail HC- Health Care IN- Industrial WH- Warehouse MH- Mobile Home Park OF- Office MU- Mixed Use LO- Lodging SS- Self Storage OT- Other (2) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10- Deed In Lieu of Foreclosure 11- Full Payoff 12- Reps and Warranties 13- Other or TBD (3) Modification Code 1- Maturity Date Extension 2- Amortization Change 3- Principal Write-Off 4- Combination
Principal Prepayment Detail No Principal Prepayments this Period
Historical Detail Delinquencies Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure REO Modifications Date # Balance # Balance # Balance # Balance # Balance # Balance 10/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 09/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 08/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 07/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
Prepayments Distribution Curtailments Payoff Date # Amount # Amount 10/15/2003 0 $0.00 0 $0.00 09/15/2003 0 $0.00 0 $0.00 08/15/2003 0 $0.00 0 $0.00 07/15/2003 0 $0.00 0 $0.00
Rate and Maturities Distribution Next Weighted Avg. WAM Date Coupon Remit 10/15/2003 6.141653% 6.059060% 118 09/15/2003 6.142089% 6.059448% 119 08/15/2003 6.142518% 6.059829% 120 07/15/2003 6.142944% 6.060206% 121 Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.
Delinquency Loan Detail Offering # of Current Outstanding Status of Loan Number Document Months Paid Through P & I P & I Mortgage Cross-Reference Delinq. Date Advances Advances** Loan (1) 991087691 2 0 09/01/2003 0.00 0.00 B 991087692 5 0 09/01/2003 0.00 0.00 B 991087714 10 0 09/05/2003 0.00 0.00 B 991087666 11 0 09/01/2003 0.00 0.00 A 991087666 12 0 09/01/2003 0.00 0.00 A 991087666 13 0 09/01/2003 0.00 0.00 A 991087666 14 0 09/01/2003 0.00 0.00 A 991087666 15 0 09/01/2003 0.00 0.00 A 991087666 16 0 09/01/2003 0.00 0.00 A 991087715 19 0 09/05/2003 0.00 0.00 B 991087716 22 0 09/01/2003 0.00 0.00 B 991087717 31 0 09/05/2003 0.00 0.00 B 991087718 36 0 09/01/2003 0.00 0.00 B 991087682 46 0 09/01/2003 0.00 0.00 A 991087721 48 0 09/05/2003 0.00 0.00 B 991087740 49 0 09/01/2003 0.00 0.00 B 991087740 50 0 09/01/2003 0.00 0.00 B 991087740 51 0 09/01/2003 0.00 0.00 B 991087743 52 0 09/01/2003 0.00 0.00 B 991087743 53 0 09/01/2003 0.00 0.00 B 991087722 55 0 09/01/2003 0.00 0.00 B 991087723 56 0 09/01/2003 0.00 0.00 B 991087724 62 0 09/05/2003 0.00 0.00 B 991087745 63 0 09/01/2003 0.00 0.00 B 991087725 64 0 09/05/2003 0.00 0.00 B 991087746 68 0 09/01/2003 0.00 0.00 B 991087726 70 0 09/05/2003 0.00 0.00 B 991087747 71 0 09/01/2003 0.00 0.00 B 991087748 74 0 09/01/2003 0.00 0.00 B 991087727 75 0 09/05/2003 0.00 0.00 B 991087728 76 0 09/05/2003 0.00 0.00 B 991087729 77 0 09/01/2003 0.00 0.00 B 991087749 80 0 09/01/2003 0.00 0.00 B 991087730 81 0 09/01/2003 0.00 0.00 B 991087750 83 0 09/01/2003 0.00 0.00 B 991087751 84 0 09/01/2003 0.00 0.00 B 991087752 85 0 09/01/2003 0.00 0.00 B 991087753 86 0 09/01/2003 0.00 0.00 B 991087731 87 0 09/05/2003 0.00 0.00 B 991087754 88 0 09/01/2003 0.00 0.00 B 991087755 89 0 09/01/2003 0.00 0.00 B 991087732 90 0 09/01/2003 0.00 0.00 B 991087756 91 0 09/01/2003 0.00 0.00 B 991087757 92 0 09/01/2003 0.00 0.00 B 991087758 94 0 09/01/2003 0.00 0.00 B 991087758 95 0 09/01/2003 0.00 0.00 B 991087760 96 0 09/01/2003 0.00 0.00 B 991087761 97 0 09/01/2003 0.00 0.00 B 991087762 98 0 09/01/2003 0.00 0.00 B 991087763 99 0 09/01/2003 0.00 0.00 B 991087764 100 0 09/01/2003 0.00 0.00 B 991087765 101 0 09/01/2003 0.00 0.00 B 991087766 102 0 09/01/2003 0.00 0.00 B 991087767 103 0 09/01/2003 0.00 0.00 A 991087768 104 0 09/01/2003 0.00 0.00 B 991087733 106 0 09/05/2003 0.00 0.00 B 991087769 107 0 09/01/2003 0.00 0.00 B 991087770 108 0 09/01/2003 0.00 0.00 B 991087771 109 0 09/01/2003 0.00 0.00 B 991087772 110 0 09/01/2003 0.00 0.00 B 991087774 112 0 09/01/2003 0.00 0.00 B 991087775 113 0 09/01/2003 0.00 0.00 B 991087776 114 0 09/01/2003 0.00 0.00 B 991087777 115 0 09/01/2003 0.00 0.00 A 991087778 116 0 09/01/2003 0.00 0.00 B 991087779 117 0 09/01/2003 0.00 0.00 B 991087780 118 0 09/01/2003 0.00 0.00 B 991087781 119 0 09/01/2003 0.00 0.00 B Totals 68 0.00 0.00
Resolution Actual Outstanding Loan Number Strategy Servicing Foreclosure Principal Servicing Bankruptcy REO Code (2) Transfer Date Date Balance Advances 991087691 67,500,000.00 0.00 991087692 24,700,513.00 0.00 991087714 12,318,303.42 0.00 991087666 3,826,761.09 0.00 991087666 2,294,307.99 0.00 991087666 2,220,563.11 0.00 991087666 1,480,223.59 0.00 991087666 1,184,300.40 0.00 991087666 1,110,281.05 0.00 991087715 11,150,000.00 0.00 991087716 10,427,991.46 0.00 991087717 7,491,506.49 0.00 991087718 5,175,539.18 0.00 991087682 4,084,365.80 0.00 991087721 3,861,222.60 0.00 991087740 2,007,428.24 0.00 991087740 337,215.54 0.00 991087740 273,545.50 0.00 991087743 683,868.09 0.00 991087743 455,529.12 0.00 991087722 3,704,396.60 0.00 991087723 3,556,220.70 0.00 991087724 3,450,000.00 0.00 991087745 3,382,781.94 0.00 991087725 3,360,000.00 0.00 991087746 3,250,703.16 0.00 991087726 3,050,000.00 0.00 991087747 2,992,395.79 0.00 991087748 2,850,070.85 0.00 991087727 2,850,000.00 0.00 991087728 2,850,000.00 0.00 991087729 2,784,414.63 0.00 991087749 2,442,409.09 0.00 991087730 2,381,222.80 0.00 991087750 2,217,326.31 0.00 991087751 2,081,239.52 0.00 991087752 2,067,309.14 0.00 991087753 2,028,412.28 0.00 991087731 2,050,000.00 0.00 991087754 1,992,851.33 0.00 991087755 1,924,712.71 0.00 991087732 1,945,092.75 0.00 991087756 1,950,275.68 0.00 991087757 1,913,943.52 0.00 991087758 1,317,119.85 0.00 991087758 396,637.48 0.00 991087760 1,667,650.33 0.00 991087761 1,666,495.76 0.00 991087762 1,576,445.21 0.00 991087763 1,540,504.62 0.00 991087764 1,523,791.24 0.00 991087765 1,481,273.14 0.00 991087766 1,473,281.75 0.00 991087767 1,463,726.49 0.00 991087768 1,395,059.33 0.00 991087733 1,380,664.16 0.00 991087769 1,272,909.34 0.00 991087770 1,149,631.50 0.00 991087771 1,047,551.77 0.00 991087772 1,027,334.12 0.00 991087774 1,030,019.32 0.00 991087775 1,022,709.85 0.00 991087776 979,539.82 0.00 991087777 972,576.81 0.00 991087778 884,784.57 0.00 991087779 837,302.32 0.00 991087780 788,356.83 0.00 991087781 679,397.37 0.00 Totals 254,234,007.45 0.00
Totals by Delinquency Code: Current Outstanding Actual Outstanding P&I P & I Principal Servicing Advances Advances Balance Advances Total for Status Code = A (9 Loans) 0.00 0.00 18,637,106.33 0.00 Total for Status Code = B (59 Loans) 0.00 0.00 235,596,901.12 0.00
(1) Status of Mortgage Loan A- Payment Not Received But Still in Grace Period B- Late Payment But Less Than 1 Month Delinquent 0- Current 1- One Month Delinquent 2- Two Months Delinquent 3- Three Or More Months Delinquent 4- Assumed Scheduled Payment (Performing Matured Balloon) 7- Foreclosure 9- REO (2) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10- Deed In Lieu Of Foreclosure 11- Full Payoff 12- Reps and Warranties 13- Other or TBD ** Outstanding P & I Advances include the current period advance. Specially Serviced Loan Detail - Part 1 No Specially Serviced Loans this Period Specially Serviced Loan Detail - Part 2 No Specially Serviced Loans this Period Modified Loan Detail No Modified Loans Liquidated Loan Detail No Liquidated Loans this Period -----END PRIVACY-ENHANCED MESSAGE-----