-----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, DbotvM4x01Hiz7RWyA8xQ6FaW0duQPL9AOISo3BLRmUCYuQSZU0ToqoZyCKJOKFF uRnYULJl6PakM6Q1SGJh6w== 0001056404-03-001432.txt : 20030811 0001056404-03-001432.hdr.sgml : 20030811 20030811063011 ACCESSION NUMBER: 0001056404-03-001432 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030725 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030811 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO MORTGAGE BACK SECURITIES 2003-4 TRUST CENTRAL INDEX KEY: 0001236509 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: 333-98129-19 FILM NUMBER: 03833131 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 8-K 1 wfm03004.txt JULY 8K 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): July 25, 2003 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-98129-19 Pending Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On July 25, 2003 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2003-4 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-4 Trust, relating to the July 25, 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-4 Trust By: Wells Fargo Bank Minnesota, N.A. as Master Servicer By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 7/28/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-4 Trust, relating to the July 25, 2003 distribution. EX-99.1
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 6/30/03 Distribution Date: 7/25/03 WFMBS Series: 2003-4 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-PO 94978RAR2 PO 0.00000% 149,618.49 0.00 220.78 A-1 94978RAA9 SEN 4.00000% 68,954,577.58 229,800.63 299,539.52 A-2 94978RAB7 SEN 5.50000% 10,000,000.00 45,823.77 0.00 A-3 94978RAC5 SEN 5.50000% 15,524,997.90 71,141.39 68,811.54 A-4 94978RAD3 SEN 5.50000% 12,949,000.00 59,337.20 0.00 A-5 94978RAE1 SEN 5.50000% 13,844,838.62 63,442.27 3,649,044.34 A-6 94978RAF8 SEN 2.92000% 36,654,986.46 89,175.19 9,661,049.46 A-7 94978RAG6 SEN 14.96000% 9,996,814.49 124,600.94 2,634,831.67 A-8 94978RAH4 SEN 5.50000% 4,883,695.31 22,378.93 342,039.32 A-9 94978RAJ0 SEN 5.50000% 97,985,157.00 449,004.92 5,925,431.70 A-10 94978RAK7 SEN 5.50000% 5,281,000.00 24,199.53 0.00 A-11 94978RAL5 SEN 5.50000% 4,918,000.00 22,536.13 0.00 A-12 94978RAM3 SEN 5.50000% 16,919,000.00 77,529.23 0.00 A-13 94978RAN1 SEN 5.50000% 0.00 144,267.73 0.00 A-14 94978RAP6 SEN 5.50000% 29,302,171.83 134,273.59 2,052,235.91 A-15 94978RAQ4 SEN 5.50000% 2,441,847.65 11,189.47 171,019.66 A-16 94978RAX9 SEN 5.50000% 5,264,000.00 24,121.63 0.00 A-17 94978RAY7 SEN 4.50000% 69,725,542.87 261,416.22 302,888.60 A-18 94978RAZ4 SEN 5.50000% 73,589,000.00 337,212.53 0.00 A-R 94978RAS0 RES 5.50000% 0.00 0.00 0.00 A-LR 94978RAT8 RES 5.50000% 0.00 0.00 0.00 B-1 94978RAU5 SUB 5.50000% 6,248,646.46 28,633.65 6,195.63 B-2 94978RAV3 SUB 5.50000% 2,999,949.69 13,746.90 2,974.50 B-3 94978RAW1 SUB 5.50000% 1,749,221.41 8,015.59 1,734.38 B-4 94978RBA8 SUB 5.50000% 999,983.23 4,582.30 991.50 B-5 94978RBB6 SUB 5.50000% 750,237.17 3,437.87 743.87 B-6 94978RBC4 SUB 5.50000% 750,227.91 3,437.83 743.86 Totals 491,882,514.07 2,253,305.44 25,120,496.24
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-PO 0.00 149,397.71 220.78 0.00 A-1 0.00 68,655,038.06 529,340.15 0.00 A-2 0.00 10,000,000.00 45,823.77 0.00 A-3 0.00 15,456,186.36 139,952.93 0.00 A-4 0.00 12,949,000.00 59,337.20 0.00 A-5 0.00 10,195,794.29 3,712,486.61 0.00 A-6 0.00 26,993,937.00 9,750,224.65 0.00 A-7 0.00 7,361,982.82 2,759,432.61 0.00 A-8 0.00 4,541,655.99 364,418.25 0.00 A-9 0.00 92,059,725.30 6,374,436.62 0.00 A-10 0.00 5,281,000.00 24,199.53 0.00 A-11 0.00 4,918,000.00 22,536.13 0.00 A-12 0.00 16,919,000.00 77,529.23 0.00 A-13 0.00 0.00 144,267.73 0.00 A-14 0.00 27,249,935.92 2,186,509.50 0.00 A-15 0.00 2,270,827.99 182,209.13 0.00 A-16 0.00 5,264,000.00 24,121.63 0.00 A-17 0.00 69,422,654.26 564,304.82 0.00 A-18 0.00 73,589,000.00 337,212.53 0.00 A-R 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 B-1 0.00 6,242,450.83 34,829.28 0.00 B-2 0.00 2,996,975.19 16,721.40 0.00 B-3 0.00 1,747,487.03 9,749.97 0.00 B-4 0.00 998,991.73 5,573.80 0.00 B-5 0.00 749,493.30 4,181.74 0.00 B-6 0.00 749,484.05 4,181.69 0.00 Totals 0.00 466,762,017.83 27,373,801.68 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) A-PO 149,871.15 149,618.49 191.72 29.06 0.00 0.00 A-1 69,226,000.00 68,954,577.58 5,657.20 293,882.31 0.00 0.00 A-2 10,000,000.00 10,000,000.00 0.00 0.00 0.00 0.00 A-3 15,580,000.00 15,524,997.90 1,299.60 67,511.94 0.00 0.00 A-4 12,949,000.00 12,949,000.00 0.00 0.00 0.00 0.00 A-5 15,000,400.00 13,844,838.62 68,917.07 3,580,127.27 0.00 0.00 A-6 39,714,400.00 36,654,986.46 182,461.80 9,478,587.66 0.00 0.00 A-7 10,831,200.00 9,996,814.49 49,762.31 2,585,069.36 0.00 0.00 A-8 5,000,000.00 4,883,695.31 6,459.87 335,579.45 0.00 0.00 A-9 100,000,000.00 97,985,157.00 111,909.68 5,813,522.02 0.00 0.00 A-10 5,281,000.00 5,281,000.00 0.00 0.00 0.00 0.00 A-11 4,918,000.00 4,918,000.00 0.00 0.00 0.00 0.00 A-12 16,919,000.00 16,919,000.00 0.00 0.00 0.00 0.00 A-13 0.00 0.00 0.00 0.00 0.00 0.00 A-14 30,000,000.00 29,302,171.83 38,759.21 2,013,476.70 0.00 0.00 A-15 2,500,000.00 2,441,847.65 3,229.93 167,789.72 0.00 0.00 A-16 5,264,000.00 5,264,000.00 0.00 0.00 0.00 0.00 A-17 70,000,000.00 69,725,542.87 5,720.46 297,168.15 0.00 0.00 A-18 73,589,000.00 73,589,000.00 0.00 0.00 0.00 0.00 A-R 50.00 0.00 0.00 0.00 0.00 0.00 A-LR 50.00 0.00 0.00 0.00 0.00 0.00 B-1 6,255,000.00 6,248,646.46 6,195.63 0.00 0.00 0.00 B-2 3,003,000.00 2,999,949.69 2,974.50 0.00 0.00 0.00 B-3 1,751,000.00 1,749,221.41 1,734.38 0.00 0.00 0.00 B-4 1,001,000.00 999,983.23 991.50 0.00 0.00 0.00 B-5 751,000.00 750,237.17 743.87 0.00 0.00 0.00 B-6 750,990.73 750,227.91 743.86 0.00 0.00 0.00 Totals 500,433,961.88 491,882,514.07 487,752.59 24,632,743.64 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 A-PO 220.78 149,397.71 0.99684102 220.78 A-1 299,539.52 68,655,038.06 0.99175220 299,539.52 A-2 0.00 10,000,000.00 1.00000000 0.00 A-3 68,811.54 15,456,186.36 0.99205304 68,811.54 A-4 0.00 12,949,000.00 1.00000000 0.00 A-5 3,649,044.34 10,195,794.29 0.67970149 3,649,044.34 A-6 9,661,049.46 26,993,937.00 0.67970149 9,661,049.46 A-7 2,634,831.67 7,361,982.82 0.67970149 2,634,831.67 A-8 342,039.32 4,541,655.99 0.90833120 342,039.32 A-9 5,925,431.70 92,059,725.30 0.92059725 5,925,431.70 A-10 0.00 5,281,000.00 1.00000000 0.00 A-11 0.00 4,918,000.00 1.00000000 0.00 A-12 0.00 16,919,000.00 1.00000000 0.00 A-13 0.00 0.00 0.00000000 0.00 A-14 2,052,235.91 27,249,935.92 0.90833120 2,052,235.91 A-15 171,019.66 2,270,827.99 0.90833120 171,019.66 A-16 0.00 5,264,000.00 1.00000000 0.00 A-17 302,888.60 69,422,654.26 0.99175220 302,888.60 A-18 0.00 73,589,000.00 1.00000000 0.00 A-R 0.00 0.00 0.00000000 0.00 A-LR 0.00 0.00 0.00000000 0.00 B-1 6,195.63 6,242,450.83 0.99799374 6,195.63 B-2 2,974.50 2,996,975.19 0.99799374 2,974.50 B-3 1,734.38 1,747,487.03 0.99799374 1,734.38 B-4 991.50 998,991.73 0.99799374 991.50 B-5 743.87 749,493.30 0.99799374 743.87 B-6 743.86 749,484.05 0.99799374 743.86 Totals 25,120,496.24 466,762,017.83 0.93271451 25,120,496.24
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-PO 149,871.15 998.31415186 1.27923219 0.19389989 0.00000000 A-1 69,226,000.00 996.07918383 0.08172074 4.24525915 0.00000000 A-2 10,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-3 15,580,000.00 996.46969833 0.08341463 4.33324390 0.00000000 A-4 12,949,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 15,000,400.00 922.96462894 4.59434882 238.66878683 0.00000000 A-6 39,714,400.00 922.96462895 4.59434865 238.66878664 0.00000000 A-7 10,831,200.00 922.96462903 4.59434873 238.66878647 0.00000000 A-8 5,000,000.00 976.73906200 1.29197400 67.11589000 0.00000000 A-9 100,000,000.00 979.85157000 1.11909680 58.13522020 0.00000000 A-10 5,281,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-11 4,918,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-12 16,919,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-13 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-14 30,000,000.00 976.73906100 1.29197367 67.11589000 0.00000000 A-15 2,500,000.00 976.73906000 1.29197200 67.11588800 0.00000000 A-16 5,264,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-17 70,000,000.00 996.07918386 0.08172086 4.24525929 0.00000000 A-18 73,589,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 6,255,000.00 998.98424620 0.99050839 0.00000000 0.00000000 B-2 3,003,000.00 998.98424575 0.99050949 0.00000000 0.00000000 B-3 1,751,000.00 998.98424329 0.99050828 0.00000000 0.00000000 B-4 1,001,000.00 998.98424575 0.99050949 0.00000000 0.00000000 B-5 751,000.00 998.98424767 0.99050599 0.00000000 0.00000000 B-6 750,990.73 998.98424845 0.99050490 0.00000000 0.00000000 (2) Per $1000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-PO 0.00000000 1.47313209 996.84101977 0.99684102 1.47313209 A-1 0.00000000 4.32698004 991.75220380 0.99175220 4.32698004 A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-3 0.00000000 4.41665854 992.05303979 0.99205304 4.41665854 A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-5 0.00000000 243.26313565 679.70149396 0.67970149 243.26313565 A-6 0.00000000 243.26313529 679.70149366 0.67970149 243.26313529 A-7 0.00000000 243.26313520 679.70149383 0.67970149 243.26313520 A-8 0.00000000 68.40786400 908.33119800 0.90833120 68.40786400 A-9 0.00000000 59.25431700 920.59725300 0.92059725 59.25431700 A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-12 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-13 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-14 0.00000000 68.40786367 908.33119733 0.90833120 68.40786367 A-15 0.00000000 68.40786400 908.33119600 0.90833120 68.40786400 A-16 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-17 0.00000000 4.32698000 991.75220371 0.99175220 4.32698000 A-18 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.99050839 997.99373781 0.99799374 0.99050839 B-2 0.00000000 0.99050949 997.99373626 0.99799374 0.99050949 B-3 0.00000000 0.99050828 997.99373501 0.99799374 0.99050828 B-4 0.00000000 0.99050949 997.99373626 0.99799374 0.99050949 B-5 0.00000000 0.99050599 997.99374168 0.99799374 0.99050599 B-6 0.00000000 0.99050490 997.99374354 0.99799374 0.99050490 (3) Amount Does Not Include Excess Special Hazard, Bankrupcy, 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 A-PO 149,871.15 0.00000% 149,618.49 0.00 0.00 0.00 A-1 69,226,000.00 4.00000% 68,954,577.58 229,848.59 0.00 0.00 A-2 10,000,000.00 5.50000% 10,000,000.00 45,833.33 0.00 0.00 A-3 15,580,000.00 5.50000% 15,524,997.90 71,156.24 0.00 0.00 A-4 12,949,000.00 5.50000% 12,949,000.00 59,349.58 0.00 0.00 A-5 15,000,400.00 5.50000% 13,844,838.62 63,455.51 0.00 0.00 A-6 39,714,400.00 2.92000% 36,654,986.46 89,193.80 0.00 0.00 A-7 10,831,200.00 14.96000% 9,996,814.49 124,626.95 0.00 0.00 A-8 5,000,000.00 5.50000% 4,883,695.31 22,383.60 0.00 0.00 A-9 100,000,000.00 5.50000% 97,985,157.00 449,098.64 0.00 0.00 A-10 5,281,000.00 5.50000% 5,281,000.00 24,204.58 0.00 0.00 A-11 4,918,000.00 5.50000% 4,918,000.00 22,540.83 0.00 0.00 A-12 16,919,000.00 5.50000% 16,919,000.00 77,545.42 0.00 0.00 A-13 0.00 5.50000% 31,483,165.31 144,297.84 0.00 0.00 A-14 30,000,000.00 5.50000% 29,302,171.83 134,301.62 0.00 0.00 A-15 2,500,000.00 5.50000% 2,441,847.65 11,191.80 0.00 0.00 A-16 5,264,000.00 5.50000% 5,264,000.00 24,126.67 0.00 0.00 A-17 70,000,000.00 4.50000% 69,725,542.87 261,470.79 0.00 0.00 A-18 73,589,000.00 5.50000% 73,589,000.00 337,282.92 0.00 0.00 A-R 50.00 5.50000% 0.00 0.00 0.00 0.00 A-LR 50.00 5.50000% 0.00 0.00 0.00 0.00 B-1 6,255,000.00 5.50000% 6,248,646.46 28,639.63 0.00 0.00 B-2 3,003,000.00 5.50000% 2,999,949.69 13,749.77 0.00 0.00 B-3 1,751,000.00 5.50000% 1,749,221.41 8,017.26 0.00 0.00 B-4 1,001,000.00 5.50000% 999,983.23 4,583.26 0.00 0.00 B-5 751,000.00 5.50000% 750,237.17 3,438.59 0.00 0.00 B-6 750,990.73 5.50000% 750,227.91 3,438.54 0.00 0.00 Totals 500,433,961.88 2,253,775.76 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 A-PO 0.00 0.00 0.00 0.00 149,397.71 A-1 47.97 0.00 229,800.63 0.00 68,655,038.06 A-2 9.56 0.00 45,823.77 0.00 10,000,000.00 A-3 14.85 0.00 71,141.39 0.00 15,456,186.36 A-4 12.39 0.00 59,337.20 0.00 12,949,000.00 A-5 13.24 0.00 63,442.27 0.00 10,195,794.29 A-6 18.61 0.00 89,175.19 0.00 26,993,937.00 A-7 26.01 0.00 124,600.94 0.00 7,361,982.82 A-8 4.67 0.00 22,378.93 0.00 4,541,655.99 A-9 93.72 0.00 449,004.92 0.00 92,059,725.30 A-10 5.05 0.00 24,199.53 0.00 5,281,000.00 A-11 4.70 0.00 22,536.13 0.00 4,918,000.00 A-12 16.18 0.00 77,529.23 0.00 16,919,000.00 A-13 30.11 0.00 144,267.73 0.00 31,346,402.06 A-14 28.03 0.00 134,273.59 0.00 27,249,935.92 A-15 2.34 0.00 11,189.47 0.00 2,270,827.99 A-16 5.03 0.00 24,121.63 0.00 5,264,000.00 A-17 54.56 0.00 261,416.22 0.00 69,422,654.26 A-18 70.39 0.00 337,212.53 0.00 73,589,000.00 A-R 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 0.00 B-1 5.97 0.00 28,633.65 0.00 6,242,450.83 B-2 2.87 0.00 13,746.90 0.00 2,996,975.19 B-3 1.67 0.00 8,015.59 0.00 1,747,487.03 B-4 0.96 0.00 4,582.30 0.00 998,991.73 B-5 0.72 0.00 3,437.87 0.00 749,493.30 B-6 0.72 0.00 3,437.83 0.00 749,484.05 Totals 470.32 0.00 2,253,305.44 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, 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 A-PO 149,871.15 0.00000% 998.31415186 0.00000000 0.00000000 0.00000000 A-1 69,226,000.00 4.00000% 996.07918383 3.32026392 0.00000000 0.00000000 A-2 10,000,000.00 5.50000% 1000.00000000 4.58333300 0.00000000 0.00000000 A-3 15,580,000.00 5.50000% 996.46969833 4.56715276 0.00000000 0.00000000 A-4 12,949,000.00 5.50000% 1000.00000000 4.58333308 0.00000000 0.00000000 A-5 15,000,400.00 5.50000% 922.96462894 4.23025453 0.00000000 0.00000000 A-6 39,714,400.00 2.92000% 922.96462895 2.24588059 0.00000000 0.00000000 A-7 10,831,200.00 14.96000% 922.96462903 11.50629201 0.00000000 0.00000000 A-8 5,000,000.00 5.50000% 976.73906200 4.47672000 0.00000000 0.00000000 A-9 100,000,000.00 5.50000% 979.85157000 4.49098640 0.00000000 0.00000000 A-10 5,281,000.00 5.50000% 1000.00000000 4.58333270 0.00000000 0.00000000 A-11 4,918,000.00 5.50000% 1000.00000000 4.58333266 0.00000000 0.00000000 A-12 16,919,000.00 5.50000% 1000.00000000 4.58333353 0.00000000 0.00000000 A-13 0.00 5.50000% 996.07921229 4.56536302 0.00000000 0.00000000 A-14 30,000,000.00 5.50000% 976.73906100 4.47672067 0.00000000 0.00000000 A-15 2,500,000.00 5.50000% 976.73906000 4.47672000 0.00000000 0.00000000 A-16 5,264,000.00 5.50000% 1000.00000000 4.58333397 0.00000000 0.00000000 A-17 70,000,000.00 4.50000% 996.07918386 3.73529700 0.00000000 0.00000000 A-18 73,589,000.00 5.50000% 1000.00000000 4.58333338 0.00000000 0.00000000 A-R 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 6,255,000.00 5.50000% 998.98424620 4.57867786 0.00000000 0.00000000 B-2 3,003,000.00 5.50000% 998.98424575 4.57867799 0.00000000 0.00000000 B-3 1,751,000.00 5.50000% 998.98424329 4.57867504 0.00000000 0.00000000 B-4 1,001,000.00 5.50000% 998.98424575 4.57868132 0.00000000 0.00000000 B-5 751,000.00 5.50000% 998.98424767 4.57868176 0.00000000 0.00000000 B-6 750,990.73 5.50000% 998.98424845 4.57867170 0.00000000 0.00000000 (5) All classes are per $1000 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 A-PO 0.00000000 0.00000000 0.00000000 0.00000000 996.84101977 A-1 0.00069295 0.00000000 3.31957111 0.00000000 991.75220380 A-2 0.00095600 0.00000000 4.58237700 0.00000000 1000.00000000 A-3 0.00095315 0.00000000 4.56619961 0.00000000 992.05303979 A-4 0.00095683 0.00000000 4.58237702 0.00000000 1000.00000000 A-5 0.00088264 0.00000000 4.22937188 0.00000000 679.70149396 A-6 0.00046860 0.00000000 2.24541199 0.00000000 679.70149366 A-7 0.00240140 0.00000000 11.50389061 0.00000000 679.70149383 A-8 0.00093400 0.00000000 4.47578600 0.00000000 908.33119800 A-9 0.00093720 0.00000000 4.49004920 0.00000000 920.59725300 A-10 0.00095626 0.00000000 4.58237644 0.00000000 1000.00000000 A-11 0.00095567 0.00000000 4.58237698 0.00000000 1000.00000000 A-12 0.00095632 0.00000000 4.58237662 0.00000000 1000.00000000 A-13 0.00095263 0.00000000 4.56441039 0.00000000 991.75223217 A-14 0.00093433 0.00000000 4.47578633 0.00000000 908.33119733 A-15 0.00093600 0.00000000 4.47578800 0.00000000 908.33119600 A-16 0.00095555 0.00000000 4.58237652 0.00000000 1000.00000000 A-17 0.00077943 0.00000000 3.73451743 0.00000000 991.75220371 A-18 0.00095653 0.00000000 4.58237685 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00095444 0.00000000 4.57772182 0.00000000 997.99373781 B-2 0.00095571 0.00000000 4.57772228 0.00000000 997.99373626 B-3 0.00095374 0.00000000 4.57772130 0.00000000 997.99373501 B-4 0.00095904 0.00000000 4.57772228 0.00000000 997.99373626 B-5 0.00095872 0.00000000 4.57772304 0.00000000 997.99374168 B-6 0.00095873 0.00000000 4.57772628 0.00000000 997.99374354 (6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 20,137.39 Deposits Payments of Interest and Principal 27,412,235.29 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 33,005.81 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 27,445,241.10 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 91,576.77 Payment of Interest and Principal 27,373,801.69 Total Withdrawals (Pool Distribution Amount) 27,465,378.46 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 15,449.12 Servicing Fee Support 14,978.80 Non-Supported Prepayment/Curtailment Interest Shortfall 470.32
SERVICING FEES Gross Servicing Fee 102,457.28 Master Servicing Fee 4,098.29 Supported Prepayment/Curtailment Interest Shortfall 14,978.80 Net Servicing Fee 91,576.77
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 2 0 0 0 2 721,989.97 0.00 0.00 0.00 721,989.97 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2 0 0 0 2 721,989.97 0.00 0.00 0.00 721,989.97 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 0.194742% 0.000000% 0.000000% 0.000000% 0.194742% 0.152023% 0.000000% 0.000000% 0.000000% 0.152023% 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 0.194742% 0.000000% 0.000000% 0.000000% 0.194742% 0.152023% 0.000000% 0.000000% 0.000000% 0.152023%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 170,301.23
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 13,511,990.73 2.70005470% 13,484,882.13 2.88902730% 97.110048% 100.000000% Class B-1 7,256,990.73 1.45013954% 7,242,431.30 1.55163253% 1.337823% 0.000000% Class B-2 4,253,990.73 0.85006036% 4,245,456.11 0.90955475% 0.642283% 0.000000% Class B-3 2,502,990.73 0.50016404% 2,497,969.08 0.53516974% 0.374505% 0.000000% Class B-4 1,501,990.73 0.30013765% 1,498,977.35 0.32114381% 0.214094% 0.000000% Class B-5 750,990.73 0.15006790% 749,484.05 0.16057092% 0.160624% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.160622% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 6.064025% Weighted Average Pass-Through Rate 5.500000% Weighted Average Maturity(Stepdown Calculation ) 353 Beginning Scheduled Collateral Loan Count 1,078 Number Of Loans Paid In Full 51 Ending Scheduled Collateral Loan Count 1,027 Beginning Scheduled Collateral Balance 491,882,514.07 Ending Scheduled Collateral Balance 466,762,017.83 Ending Actual Collateral Balance at 30-Jun-2003 474,921,317.73 Ending Scheduled Balance For Wells Fargo Serviced 459,190,121.96 Ending Scheduled Balance For Other Servicers 7,571,895.87 Monthly P &I Constant 2,871,308.96 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 27,298,800.42 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 445,795,549.10 Ending scheduled Balance For discounted Loans 20,966,468.73 Scheduled Principal 487,752.60 Unscheduled Principal 24,632,743.64 Unpaid Principal Balance Of Outstanding Mortgage Loans With Or Less Than Or Equal To 80% 459,181,393.56 Greater Than 80%, less than or equal to 85% 1,479,546.44 Greater than 85%, less than or equal to 95% 5,737,320.29 Greater than 95% 382,216.67
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