-----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, MyOxAnptAQEh2av2sz7VDGntJ7T1FUE+tIyo3AlwSKMoF5WcXs/DRSmoNoX/dz+s r02FRJiAZSdIjHZQpkjVJw== 0001285923-04-001469.txt : 20041229 0001285923-04-001469.hdr.sgml : 20041229 20041229155908 ACCESSION NUMBER: 0001285923-04-001469 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041227 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041229 DATE AS OF CHANGE: 20041229 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MSC MORTGAGE PASS THROUGH CERTIFICATES SERIES 2003-AR3 CENTRAL INDEX KEY: 0001247426 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 942528990 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-103345-13 FILM NUMBER: 041231187 BUSINESS ADDRESS: STREET 1: 75 N FAIRWAY DR CITY: VERNON HILLS STATE: IL ZIP: 60061 8-K 1 signwamms2003_ar3.htm LETTER

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
 

WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.

WASHINGTON MUTUAL MSC MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 2003-AR3
(Exact name of Registrant as specified in its charter)

Delaware 333-103345-13 94-2528990
(State or other jurisdiction
of incorporation)		 (Commission File Number)(I.R.S. Employer
Identification No.)

1201 THIRD AVENUE, WMT 1706
SEATTLE, WASHINGTON 98101
 (Address of principal executive offices and Zip Code)

Registrant's telephone number, including area code: (206) 377-8555

 

SECTION 8.  OTHER EVENTS

ITEM 8.01 Other Events

     This Current Report on Form 8-K relates to the distribution report furnished to certificate holders in connection with the December 2004 distribution.

SECTION 9.    FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 Financial Statements and Exhibits

(a) Not applicable

(b) Not applicable

(c)  Exhibits

Exhibit No.

Description

99.1

Washington Mutual MSC
Mortgage Pass-Through Certificates, Series 2003-AR3
Monthly Distribution Report for December 2004

 

 

2

SIGNATURES

     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.

    WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.

Date:       December 29, 2004
 
By:
 
/s/ Tammy Spriggs
Tammy Spriggs
First Vice President
(Authorized Officer)

 

 

 

 

3

 

 

EXHIBIT INDEX

 

Exhibit No.

Description

99.1

Washington Mutual MSC
Mortgage Pass-Through Certificates, Series 2003-AR3
Monthly Distribution Report for December 2004

 EX-99 2 wamms2003_ar3.htm EXHIBIT


WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
Series: WAMMS.03AR3
Distribution Date: 12/27/2004
 
Class Cusip Orig Prin Bal Begin Prin Bal Int Rate Accrued Int Rate Paid Int Dist Prin Dist Int Shortfall PPIS Uncomp Int Shortfall Prin Loss Deferred Interest Int Reimbursed Unsched Int Prin Reimbursed Subsequent Recoveries Total Dist Ending Class Bal
IA 939336G23 $114,923,400.00 $35,476,464.28 3.5470464229% 3.5470464229% $104,863.89 $3,337,574.14 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3,442,438.03 $32,138,890.14
IIA1 939336G31 $23,850,000.00 $10,028,897.66 5.0519643475% 5.0519643475% $42,221.36 $765,325.36 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $807,546.73 $9,263,572.30
IIA2 939336G49 $281,242,600.00 $118,262,191.19 3.9999643475% 3.9999643475% $394,203.79 $9,024,825.80 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9,419,029.59 $109,237,365.39
IIIA 939336G56 $54,528,100.00 $22,783,896.72 4.7963896586% 4.7963896586% $91,067.04 $2,007,456.78 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2,098,523.82 $20,776,439.94
IVA 939336G64 $110,100,000.00 $57,569,770.64 5.0370864758% 5.0370864758% $241,653.26 $1,955,544.98 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2,197,198.24 $55,614,225.66
VA 939336G72 $26,677,400.00 $15,445,687.67 5.1596059527% 5.1596059527% $66,411.39 $10,347.93 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $76,759.32 $15,435,339.74
IX 939336G80 $114,923,400.00 $35,476,464.28 1.2280000000% 1.2280000000% $36,304.25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $36,304.25 $32,138,890.14
IIX 939336G98 $281,242,600.00 $118,262,191.19 1.0520000000% 1.0520000000% $103,676.52 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $103,676.52 $109,237,365.39
M 939336H22 $27,509,500.00 $27,232,192.48 4.9790053853% 4.9790053853% $112,991.03 $877,961.68 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $990,952.70 $26,354,230.80
B1 939336H30 $12,565,900.00 $12,439,230.34 4.9790053853% 4.9790053853% $51,612.50 $401,038.86 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $452,651.36 $12,038,191.48
B2 939336H48 $9,509,600.00 $9,413,739.17 4.9790053853% 4.9790053853% $39,059.22 $303,497.50 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $342,556.71 $9,110,241.67
B3 939336H55 $6,792,400.00 $6,723,929.69 4.9790053853% 4.9790053853% $27,898.74 $216,778.45 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $244,677.19 $6,507,151.24
B4 939336H71 $7,132,100.00 $7,060,205.38 4.9790053853% 4.9790053853% $29,294.00 $227,619.93 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $256,913.93 $6,832,585.45
B5 939336H89 $2,377,400.00 $2,353,434.79 4.9790053853% 4.9790053853% $9,764.80 $75,874.37 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $85,639.18 $2,277,560.42
B6 939336H97 $2,037,990.89 $2,017,447.04 4.9790053853% 4.9790053853% $8,370.73 $65,042.18 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $73,412.91 $1,952,404.86
R 939336H63 $100.00 $0.00 0.0000000000% 0.0000000000% $0.18 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.18 $0.00
R_SYN XXXXXXXXX $0.00 $0.00 0.0000000000% 0.0000000000% $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total   $679,246,490.89 $326,807,087.05     $1,359,392.68 $19,268,887.97 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $20,628,280.65 $307,538,199.08



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
Series: WAMMS.03AR3
Distribution Date: 12/27/2004
 
Class Orig Face Beg Bal Prin Loss Prin Reimbursed Subsequent Recoveries Deferred Interest Total Prin End Cert Pct End Cert Bal
IA $114,923,400.00 $35,476,464.28 $0.00 $0.00 $0.00 $0.00 $3,337,574.14 0.2796548844 $32,138,890.14
IIA1 $23,850,000.00 $10,028,897.66 $0.00 $0.00 $0.00 $0.00 $765,325.36 0.3884097400 $9,263,572.30
IIA2 $281,242,600.00 $118,262,191.19 $0.00 $0.00 $0.00 $0.00 $9,024,825.80 0.3884097409 $109,237,365.39
IIIA $54,528,100.00 $22,783,896.72 $0.00 $0.00 $0.00 $0.00 $2,007,456.78 0.3810226276 $20,776,439.94
IVA $110,100,000.00 $57,569,770.64 $0.00 $0.00 $0.00 $0.00 $1,955,544.98 0.5051246654 $55,614,225.66
VA $26,677,400.00 $15,445,687.67 $0.00 $0.00 $0.00 $0.00 $10,347.93 0.5785923568 $15,435,339.74
IX $114,923,400.00 $35,476,464.28 $0.00 $0.00 $0.00 $0.00 $0.00 0.2796548844 $32,138,890.14
IIX $281,242,600.00 $118,262,191.19 $0.00 $0.00 $0.00 $0.00 $0.00 0.3884097409 $109,237,365.39
M $27,509,500.00 $27,232,192.48 $0.00 $0.00 $0.00 $0.00 $877,961.68 0.9580047184 $26,354,230.80
B1 $12,565,900.00 $12,439,230.34 $0.00 $0.00 $0.00 $0.00 $401,038.86 0.9580047175 $12,038,191.48
B2 $9,509,600.00 $9,413,739.17 $0.00 $0.00 $0.00 $0.00 $303,497.50 0.9580047184 $9,110,241.67
B3 $6,792,400.00 $6,723,929.69 $0.00 $0.00 $0.00 $0.00 $216,778.45 0.9580047170 $6,507,151.24
B4 $7,132,100.00 $7,060,205.38 $0.00 $0.00 $0.00 $0.00 $227,619.93 0.9580047181 $6,832,585.45
B5 $2,377,400.00 $2,353,434.79 $0.00 $0.00 $0.00 $0.00 $75,874.37 0.9580047194 $2,277,560.42
B6 $2,037,990.89 $2,017,447.04 $0.00 $0.00 $0.00 $0.00 $65,042.18 0.9580047043 $1,952,404.86
R $100.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 0.0000000000 $0.00
R_SYN $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 0.0000000000 $0.00
Total $679,246,490.89 $326,807,087.05 $0.00 $0.00 $0.00 $0.00 $19,268,887.97 0.4527637657 $307,538,199.08



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
Series: WAMMS.03AR3
Distribution Date: 12/27/2004
PER $1000 DENOMINATION
Class Orig Face Beg Bal Prin Loss Prin Reimbursed Subsequent Recoveries Deferred Interest Total Prin End Cert Pct End Cert Bal
IA $114,923,400.00 308.69661253 0.00000000 0.00000000 0.00000000 0.00000000 29.04172814 0.2796548844 279.65488438
IIA1 $23,850,000.00 420.49885367 0.00000000 0.00000000 0.00000000 0.00000000 32.08911363 0.3884097400 388.40974004
IIA2 $281,242,600.00 420.49885469 0.00000000 0.00000000 0.00000000 0.00000000 32.08911381 0.3884097409 388.40974088
IIIA $54,528,100.00 417.83771523 0.00000000 0.00000000 0.00000000 0.00000000 36.81508763 0.3810226276 381.02262760
IVA $110,100,000.00 522.88620018 0.00000000 0.00000000 0.00000000 0.00000000 17.76153479 0.5051246654 505.12466540
VA $26,677,400.00 578.98024808 0.00000000 0.00000000 0.00000000 0.00000000 0.38789125 0.5785923568 578.59235683
IX $114,923,400.00 308.69661253 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.2796548844 279.65488438
IIX $281,242,600.00 420.49885469 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.3884097409 388.40974088
M $27,509,500.00 989.91957251 0.00000000 0.00000000 0.00000000 0.00000000 31.91485414 0.9580047184 958.00471837
B1 $12,565,900.00 989.91957122 0.00000000 0.00000000 0.00000000 0.00000000 31.91485369 0.9580047175 958.00471753
B2 $9,509,600.00 989.91957285 0.00000000 0.00000000 0.00000000 0.00000000 31.91485446 0.9580047184 958.00471839
B3 $6,792,400.00 989.91957040 0.00000000 0.00000000 0.00000000 0.00000000 31.91485337 0.9580047170 958.00471704
B4 $7,132,100.00 989.91957208 0.00000000 0.00000000 0.00000000 0.00000000 31.91485397 0.9580047181 958.00471811
B5 $2,377,400.00 989.91957180 0.00000000 0.00000000 0.00000000 0.00000000 31.91485236 0.9580047194 958.00471944
B6 $2,037,990.89 989.91955749 0.00000000 0.00000000 0.00000000 0.00000000 31.91485316 0.9580047043 958.00470433
R $100.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.0000000000 0.00000000
R_SYN $0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.0000000000 0.00000000



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
Series: WAMMS.03AR3
Distribution Date: 12/27/2004
 
Class Orig Face Int Rate Accrued Int Rate Paid Beg Cert Prin/Not Bal Current Int Accrued Int Shortfall PPIS Uncompensated Int Shortfall Unscheduled Int Int Reimbursed Total Int Dist
IA $114,923,400.00 3.5470464229% 3.5470464229% $35,476,464.28 $104,863.89 $0.00 $0.00 $0.00 $0.00 $0.00 $104,863.89
IIA1 $23,850,000.00 5.0519643475% 5.0519643475% $10,028,897.66 $42,221.36 $0.00 $0.00 $0.00 $0.00 $0.00 $42,221.36
IIA2 $281,242,600.00 3.9999643475% 3.9999643475% $118,262,191.19 $394,203.79 $0.00 $0.00 $0.00 $0.00 $0.00 $394,203.79
IIIA $54,528,100.00 4.7963896586% 4.7963896586% $22,783,896.72 $91,067.04 $0.00 $0.00 $0.00 $0.00 $0.00 $91,067.04
IVA $110,100,000.00 5.0370864758% 5.0370864758% $57,569,770.64 $241,653.26 $0.00 $0.00 $0.00 $0.00 $0.00 $241,653.26
VA $26,677,400.00 5.1596059527% 5.1596059527% $15,445,687.67 $66,411.39 $0.00 $0.00 $0.00 $0.00 $0.00 $66,411.39
IX $114,923,400.00 1.2280000000% 1.2280000000% $35,476,464.28 $36,304.25 $0.00 $0.00 $0.00 $0.00 $0.00 $36,304.25
IIX $281,242,600.00 1.0520000000% 1.0520000000% $118,262,191.19 $103,676.52 $0.00 $0.00 $0.00 $0.00 $0.00 $103,676.52
M $27,509,500.00 4.9790053853% 4.9790053853% $27,232,192.48 $112,991.03 $0.00 $0.00 $0.00 $0.00 $0.00 $112,991.03
B1 $12,565,900.00 4.9790053853% 4.9790053853% $12,439,230.34 $51,612.50 $0.00 $0.00 $0.00 $0.00 $0.00 $51,612.50
B2 $9,509,600.00 4.9790053853% 4.9790053853% $9,413,739.17 $39,059.22 $0.00 $0.00 $0.00 $0.00 $0.00 $39,059.22
B3 $6,792,400.00 4.9790053853% 4.9790053853% $6,723,929.69 $27,898.74 $0.00 $0.00 $0.00 $0.00 $0.00 $27,898.74
B4 $7,132,100.00 4.9790053853% 4.9790053853% $7,060,205.38 $29,294.00 $0.00 $0.00 $0.00 $0.00 $0.00 $29,294.00
B5 $2,377,400.00 4.9790053853% 4.9790053853% $2,353,434.79 $9,764.80 $0.00 $0.00 $0.00 $0.00 $0.00 $9,764.80
B6 $2,037,990.89 4.9790053853% 4.9790053853% $2,017,447.04 $8,370.73 $0.00 $0.00 $0.00 $0.00 $0.00 $8,370.73
R $100.00 0.0000000000% 0.0000000000% $0.00 $0.18 $0.00 $0.00 $0.00 $0.00 $0.00 $0.18
R_SYN $0.00 0.0000000000% 0.0000000000% $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total $679,246,490.89     $326,807,087.05 $1,359,392.68 $0.00 $0.00 $0.00 $0.00 $0.00 $1,359,392.68



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
Series: WAMMS.03AR3
Distribution Date: 12/27/2004
PER $1000 DENOMINATION
Class Orig Face Int Rate Accrued Int Rate Paid Beg Cert Prin/Not Bal Curent Int Accrued Int Shortfall PPIS Uncompensated Int Shortfall Unscheduled Int Int Reimbursed Total Int Dist
IA $114,923,400.00 3.5470464229% 3.5470464229% 308.69661253 0.91246770 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.91246770
IIA1 $23,850,000.00 5.0519643475% 5.0519643475% 420.49885367 1.77028763 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1.77028763
IIA2 $281,242,600.00 3.9999643475% 3.9999643475% 420.49885469 1.40165035 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1.40165035
IIIA $54,528,100.00 4.7963896586% 4.7963896586% 417.83771523 1.67009377 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1.67009377
IVA $110,100,000.00 5.0370864758% 5.0370864758% 522.88620018 2.19485250 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2.19485250
VA $26,677,400.00 5.1596059527% 5.1596059527% 578.98024808 2.48942513 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2.48942513
IX $114,923,400.00 1.2280000000% 1.2280000000% 308.69661253 0.31589955 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.31589955
IIX $281,242,600.00 1.0520000000% 1.0520000000% 420.49885469 0.36863733 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.36863733
M $27,509,500.00 4.9790053853% 4.9790053853% 989.91957251 4.10734583 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4.10734583
B1 $12,565,900.00 4.9790053853% 4.9790053853% 989.91957122 4.10734607 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4.10734607
B2 $9,509,600.00 4.9790053853% 4.9790053853% 989.91957285 4.10734626 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4.10734626
B3 $6,792,400.00 4.9790053853% 4.9790053853% 989.91957040 4.10734645 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4.10734645
B4 $7,132,100.00 4.9790053853% 4.9790053853% 989.91957208 4.10734566 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4.10734566
B5 $2,377,400.00 4.9790053853% 4.9790053853% 989.91957180 4.10734416 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4.10734416
B6 $2,037,990.89 4.9790053853% 4.9790053853% 989.91955749 4.10734417 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4.10734417
R $100.00 0.0000000000% 0.0000000000% 0.00000000 1.80000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1.80000000
R_SYN $0.00 0.0000000000% 0.0000000000% 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
SERIES: WAMMS 03AR3
WEIGHTED AVERAGE PC RATE: 4.77505%
WEIGHTED AVERAGE MATURITY: 338.84943
WEIGHTED AVERAGE LOAN AGE: 19.59950
POOL NUMBER: 2127
ISSUE DATE: 06/26/2003
CERTIFICATE BALANCE AT ISSUE: $127,692,778.44
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
BALANCES FROM LAST FISCAL MONTH-END: 98   $48,120,970.41
PRINCIPAL POOL COLLECTION(S):      
Scheduled Principal Collection Due Current Month   $10,387.47  
Unscheduled Principal Collection/Reversals   $737.66  
Liquidations-in-full 6 $3,832,843.99  
Subsequent Recoveries   $0.00  
Net principal Distributed   $3,843,969.12 -$3,843,969.12
 
CAPITAL LOSS (PRINCIPAL WRITTEN OFF):     $0.00
 
BALANCE CURRENT FISCAL MONTH-END: 92   $44,277,001.29
 
SCHEDULED INTEREST AT MORTGAGE RATE:   $207,523.56  
 
UNSCHEDULED INTEREST AT MORTGAGE RATE:      
Unscheduled Interest Collection/Reversals   $0.00  
Interest Uncollected on Liquidation   $0.00  
Interest Uncollected on Non-Earning Assets   $0.00  
Interest Uncollected on Prepayment   $0.00  
Uncompensated Uncollected Interest   $0.00  
Net Unscheduled Interest Distributed   $0.00  
 
OTHER:      
Loan Conversion Fees   $0.00  
Expense Reimbursements   $0.00  
Gain on Liquidations   $0.00  
Hazard Insurance Premium Refunds   $0.00  
Recoveries Carried Forward   $0.00  
Net Other Distributions   $0.00  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
SCHEDULED SERVICING FEE EXPENSES:   $16,040.34  
 
UNSCHEDULED SERVICING FEES:      
Unscheduled Service Fee Collections/Reversals   $0.00  
Servicing Fees Uncollected on Liquidation   $0.00  
Servicing Fees Uncollected/Non-Earning Assets   $0.00  
Net Unscheduled Service Fees Distributed   $0.00  
 
MISCELLANEOUS EXPENSES:   $0.00  
 
NET FUNDS DISTRIBUTED:   $4,035,452.34  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
SERIES: WAMMS 03AR3
WEIGHTED AVERAGE PC RATE: 5.05196%
WEIGHTED AVERAGE MATURITY: 340.32920
WEIGHTED AVERAGE LOAN AGE: 19.56610
POOL NUMBER: 2128
ISSUE DATE: 06/26/2003
CERTIFICATE BALANCE AT ISSUE: $338,991,832.94
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
BALANCES FROM LAST FISCAL MONTH-END: 323   $161,888,419.70
PRINCIPAL POOL COLLECTION(S):      
Scheduled Principal Collection Due Current Month   $893,814.53  
Unscheduled Principal Collection/Reversals   $18,521.01  
Liquidations-in-full 23 $10,114,817.96  
Subsequent Recoveries   $0.00  
Net principal Distributed   $11,027,153.50 -$11,027,153.50
 
CAPITAL LOSS (PRINCIPAL WRITTEN OFF):     $0.00
 
BALANCE CURRENT FISCAL MONTH-END: 300   $150,861,266.20
 
SCHEDULED INTEREST AT MORTGAGE RATE:   $735,508.23  
 
UNSCHEDULED INTEREST AT MORTGAGE RATE:      
Unscheduled Interest Collection/Reversals   $0.00  
Interest Uncollected on Liquidation   $0.00  
Interest Uncollected on Non-Earning Assets   $0.00  
Interest Uncollected on Prepayment   $0.00  
Uncompensated Uncollected Interest   $0.00  
Net Unscheduled Interest Distributed   $0.00  
 
OTHER:      
Loan Conversion Fees   $0.00  
Expense Reimbursements   $0.00  
Gain on Liquidations   $0.00  
Hazard Insurance Premium Refunds   $0.00  
Recoveries Carried Forward   $0.00  
Net Other Distributions   $0.00  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
SCHEDULED SERVICING FEE EXPENSES:   $53,962.77  
 
UNSCHEDULED SERVICING FEES:      
Unscheduled Service Fee Collections/Reversals   $0.00  
Servicing Fees Uncollected on Liquidation   $0.00  
Servicing Fees Uncollected/Non-Earning Assets   $0.00  
Net Unscheduled Service Fees Distributed   $0.00  
 
MISCELLANEOUS EXPENSES:   $0.00  
 
NET FUNDS DISTRIBUTED:   $11,708,698.96  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
SERIES: WAMMS 03AR3
WEIGHTED AVERAGE PC RATE: 4.79639%
WEIGHTED AVERAGE MATURITY: 339.15119
WEIGHTED AVERAGE LOAN AGE: 19.56253
POOL NUMBER: 2129
ISSUE DATE: 06/26/2003
CERTIFICATE BALANCE AT ISSUE: $60,586,857.57
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
BALANCES FROM LAST FISCAL MONTH-END: 147   $28,787,699.03
PRINCIPAL POOL COLLECTION(S):      
Scheduled Principal Collection Due Current Month   $9,720.75  
Unscheduled Principal Collection/Reversals   $1,155.03  
Liquidations-in-full 12 $2,231,414.44  
Subsequent Recoveries   $0.00  
Net principal Distributed   $2,242,290.22 -$2,242,290.22
 
CAPITAL LOSS (PRINCIPAL WRITTEN OFF):     $0.00
 
BALANCE CURRENT FISCAL MONTH-END: 135   $26,545,408.81
 
SCHEDULED INTEREST AT MORTGAGE RATE:   $124,660.07  
 
UNSCHEDULED INTEREST AT MORTGAGE RATE:      
Unscheduled Interest Collection/Reversals   $0.00  
Interest Uncollected on Liquidation   $0.00  
Interest Uncollected on Non-Earning Assets   $0.00  
Interest Uncollected on Prepayment   $0.00  
Uncompensated Uncollected Interest   $0.00  
Net Unscheduled Interest Distributed   $0.00  
 
OTHER:      
Loan Conversion Fees   $0.00  
Expense Reimbursements   $0.00  
Gain on Liquidations   $0.00  
Hazard Insurance Premium Refunds   $0.00  
Recoveries Carried Forward   $0.00  
Net Other Distributions   $0.00  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
SCHEDULED SERVICING FEE EXPENSES:   $9,595.80  
 
UNSCHEDULED SERVICING FEES:      
Unscheduled Service Fee Collections/Reversals   $0.00  
Servicing Fees Uncollected on Liquidation   $0.00  
Servicing Fees Uncollected/Non-Earning Assets   $0.00  
Net Unscheduled Service Fees Distributed   $0.00  
 
MISCELLANEOUS EXPENSES:   $0.00  
 
NET FUNDS DISTRIBUTED:   $2,357,354.49  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
SERIES: WAMMS 03AR3
WEIGHTED AVERAGE PC RATE: 5.03709%
WEIGHTED AVERAGE MATURITY: 339.87333
WEIGHTED AVERAGE LOAN AGE: 19.59108
POOL NUMBER: 2130
ISSUE DATE: 06/26/2003
CERTIFICATE BALANCE AT ISSUE: $122,333,366.95
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
BALANCES FROM LAST FISCAL MONTH-END: 340   $69,681,311.74
PRINCIPAL POOL COLLECTION(S):      
Scheduled Principal Collection Due Current Month   $19,795.43  
Unscheduled Principal Collection/Reversals   $10,825.88  
Liquidations-in-full 10 $2,112,933.20  
Subsequent Recoveries   $0.00  
Net principal Distributed   $2,143,554.51 -$2,143,554.51
 
CAPITAL LOSS (PRINCIPAL WRITTEN OFF):     $0.00
 
BALANCE CURRENT FISCAL MONTH-END: 330   $67,537,757.23
 
SCHEDULED INTEREST AT MORTGAGE RATE:   $315,719.49  
 
UNSCHEDULED INTEREST AT MORTGAGE RATE:      
Unscheduled Interest Collection/Reversals   $0.00  
Interest Uncollected on Liquidation   $0.00  
Interest Uncollected on Non-Earning Assets   $0.00  
Interest Uncollected on Prepayment   $0.00  
Uncompensated Uncollected Interest   $0.00  
Net Unscheduled Interest Distributed   $0.00  
 
OTHER:      
Loan Conversion Fees   $0.00  
Expense Reimbursements   $0.00  
Gain on Liquidations   $0.00  
Hazard Insurance Premium Refunds   $0.00  
Recoveries Carried Forward   $0.00  
Net Other Distributions   $0.00  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
SCHEDULED SERVICING FEE EXPENSES:   $23,227.11  
 
UNSCHEDULED SERVICING FEES:      
Unscheduled Service Fee Collections/Reversals   $0.00  
Servicing Fees Uncollected on Liquidation   $0.00  
Servicing Fees Uncollected/Non-Earning Assets   $0.00  
Net Unscheduled Service Fees Distributed   $0.00  
 
MISCELLANEOUS EXPENSES:   $0.00  
 
NET FUNDS DISTRIBUTED:   $2,436,046.89  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
SERIES: WAMMS 03AR3
WEIGHTED AVERAGE PC RATE: 5.15961%
WEIGHTED AVERAGE MATURITY: 338.97941
WEIGHTED AVERAGE LOAN AGE: 20.46097
POOL NUMBER: 2131
ISSUE DATE: 06/26/2003
CERTIFICATE BALANCE AT ISSUE: $29,641,654.99
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
BALANCES FROM LAST FISCAL MONTH-END: 48   $18,328,686.17
PRINCIPAL POOL COLLECTION(S):      
Scheduled Principal Collection Due Current Month   $8,076.12  
Unscheduled Principal Collection/Reversals   $3,844.50  
Liquidations-in-full 0 $0.00  
Subsequent Recoveries   $0.00  
Net principal Distributed   $11,920.62 -$11,920.62
 
CAPITAL LOSS (PRINCIPAL WRITTEN OFF):     $0.00
 
BALANCE CURRENT FISCAL MONTH-END: 48   $18,316,765.55
 
SCHEDULED INTEREST AT MORTGAGE RATE:   $84,916.89  
 
UNSCHEDULED INTEREST AT MORTGAGE RATE:      
Unscheduled Interest Collection/Reversals   $0.00  
Interest Uncollected on Liquidation   $0.00  
Interest Uncollected on Non-Earning Assets   $0.00  
Interest Uncollected on Prepayment   $0.00  
Uncompensated Uncollected Interest   $0.00  
Net Unscheduled Interest Distributed   $0.00  
 
OTHER:      
Loan Conversion Fees   $0.00  
Expense Reimbursements   $0.00  
Gain on Liquidations   $0.00  
Hazard Insurance Premium Refunds   $0.00  
Recoveries Carried Forward   $0.00  
Net Other Distributions   $0.00  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
SCHEDULED SERVICING FEE EXPENSES:   $6,109.54  
 
UNSCHEDULED SERVICING FEES:      
Unscheduled Service Fee Collections/Reversals   $0.00  
Servicing Fees Uncollected on Liquidation   $0.00  
Servicing Fees Uncollected/Non-Earning Assets   $0.00  
Net Unscheduled Service Fees Distributed   $0.00  
 
MISCELLANEOUS EXPENSES:   $0.00  
 
NET FUNDS DISTRIBUTED:   $90,727.97  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
SERIES: WAMMS 03AR3
WEIGHTED AVERAGE PC RATE: 4.99154%
WEIGHTED AVERAGE MATURITY: 339.83397
WEIGHTED AVERAGE LOAN AGE: 19.62938
POOL NUMBER: Group 1
ISSUE DATE: 06/26/2003
CERTIFICATE BALANCE AT ISSUE: $679,246,490.89
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
BALANCES FROM LAST FISCAL MONTH-END: 956   $326,807,087.05
PRINCIPAL POOL COLLECTION(S):      
Scheduled Principal Collection Due Current Month   $941,794.30  
Unscheduled Principal Collection/Reversals   $35,084.08  
Liquidations-in-full 51 $18,292,009.59  
Subsequent Recoveries   $0.00  
Net principal Distributed   $19,268,887.97 -$19,268,887.97
 
CAPITAL LOSS (PRINCIPAL WRITTEN OFF):     $0.00
 
BALANCE CURRENT FISCAL MONTH-END: 905   $307,538,199.08
 
SCHEDULED INTEREST AT MORTGAGE RATE:   $1,468,328.24  
 
UNSCHEDULED INTEREST AT MORTGAGE RATE:      
Unscheduled Interest Collection/Reversals   $0.00  
Interest Uncollected on Liquidation   $0.00  
Interest Uncollected on Non-Earning Assets   $0.00  
Interest Uncollected on Prepayment   $0.00  
Uncompensated Uncollected Interest   $0.00  
Net Unscheduled Interest Distributed   $0.00  
 
OTHER:      
Loan Conversion Fees   $0.00  
Expense Reimbursements   $0.00  
Gain on Liquidations   $0.00  
Hazard Insurance Premium Refunds   $0.00  
Recoveries Carried Forward   $0.00  
Net Other Distributions   $0.00  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
SCHEDULED SERVICING FEE EXPENSES:   $108,935.56  
 
UNSCHEDULED SERVICING FEES:      
Unscheduled Service Fee Collections/Reversals   $0.00  
Servicing Fees Uncollected on Liquidation   $0.00  
Servicing Fees Uncollected/Non-Earning Assets   $0.00  
Net Unscheduled Service Fees Distributed   $0.00  
 
MISCELLANEOUS EXPENSES:   $0.00  
 
NET FUNDS DISTRIBUTED:   $20,628,280.65  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
SERIES: WAMMS 03AR3
WEIGHTED AVERAGE PC RATE: 4.99154%
WEIGHTED AVERAGE MATURITY: 339.83397
WEIGHTED AVERAGE LOAN AGE: 19.62938
POOL NUMBER: ALL
ISSUE DATE: 06/26/2003
CERTIFICATE BALANCE AT ISSUE: $679,246,490.89
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
BALANCES FROM LAST FISCAL MONTH-END: 956   $326,807,087.05
PRINCIPAL POOL COLLECTION(S):      
Scheduled Principal Collection Due Current Month   $941,794.30  
Unscheduled Principal Collection/Reversals   $35,084.08  
Liquidations-in-full 51 $18,292,009.59  
Subsequent Recoveries   $0.00  
Net principal Distributed   $19,268,887.97 -$19,268,887.97
 
CAPITAL LOSS (PRINCIPAL WRITTEN OFF):     $0.00
 
BALANCE CURRENT FISCAL MONTH-END: 905   $307,538,199.08
 
SCHEDULED INTEREST AT MORTGAGE RATE:   $1,468,328.24  
 
UNSCHEDULED INTEREST AT MORTGAGE RATE:      
Unscheduled Interest Collection/Reversals   $0.00  
Interest Uncollected on Liquidation   $0.00  
Interest Uncollected on Non-Earning Assets   $0.00  
Interest Uncollected on Prepayment   $0.00  
Uncompensated Uncollected Interest   $0.00  
Net Unscheduled Interest Distributed   $0.00  
 
OTHER:      
Loan Conversion Fees   $0.00  
Expense Reimbursements   $0.00  
Gain on Liquidations   $0.00  
Hazard Insurance Premium Refunds   $0.00  
Recoveries Carried Forward   $0.00  
Net Other Distributions   $0.00  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
12/2004 DISTRIBUTION REPORT
  TOTAL NUMBER
OF MORTAGES 		CERTIFICATE ACCOUNT
ACTIVITY (@ PCRATE) 		CERTIFICATE BALANCE
OUTSTANDING
SCHEDULED SERVICING FEE EXPENSES:   $108,935.56  
 
UNSCHEDULED SERVICING FEES:      
Unscheduled Service Fee Collections/Reversals   $0.00  
Servicing Fees Uncollected on Liquidation   $0.00  
Servicing Fees Uncollected/Non-Earning Assets   $0.00  
Net Unscheduled Service Fees Distributed   $0.00  
 
MISCELLANEOUS EXPENSES:   $0.00  
 
NET FUNDS DISTRIBUTED:   $20,628,280.65  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
Series: WAMMS.03AR3
Distribution Date: 12/27/2004
 
Distribution by Group
Pool ID Principal Interest Total  
Pool - 2127 $3,843,969.12 $191,483.22 $4,035,452.34  
Pool - 2128 $11,027,153.50 $681,545.46 $11,708,698.96  
Pool - 2129 $2,242,290.22 $115,064.27 $2,357,354.49  
Pool - 2130 $2,143,554.51 $292,492.38 $2,436,046.89  
Pool - 2131 $11,920.62 $78,807.35 $90,727.97  
Group 1 $19,268,887.97 $1,359,392.68 $20,628,280.65  
Aggregate $19,268,887.97 $1,359,392.68 $20,628,280.65  
 
Number of Loans and Aggregate Principal Balance By Group
Pool ID Beg Bal Beg Count Paid Off / Liq Count Rem Count Sched Prin End Bal Sched Prin Prin PrePay / Liq Unsched Prin / Rev Total Prin
Pool - 2127 $48,120,970.41 98 6 92 $44,277,001.29 $10,387.47 $3,832,843.99 $737.66 $3,843,969.12
Pool - 2128 $161,888,419.70 323 23 300 $150,861,266.20 $893,814.53 $10,114,817.96 $18,521.01 $11,027,153.50
Pool - 2129 $28,787,699.03 147 12 135 $26,545,408.81 $9,720.75 $2,231,414.44 $1,155.03 $2,242,290.22
Pool - 2130 $69,681,311.74 340 10 330 $67,537,757.23 $19,795.43 $2,112,933.20 $10,825.88 $2,143,554.51
Pool - 2131 $18,328,686.17 48 0 48 $18,316,765.55 $8,076.12 $0.00 $3,844.50 $11,920.62
Group 1 $326,807,087.05 956 51 905 $307,538,199.08 $941,794.30 $18,292,009.59 $35,084.08 $19,268,887.97
Aggregate $326,807,087.05 956 51 905 $307,538,199.08 $941,794.30 $18,292,009.59 $35,084.08 $19,268,887.97
 
Delinquency Information by Group
Pool ID 1 Month Count Sched End Balance 2 Months Count Sched End Balance 3 Months Count Sched End Balance 4 Months Count Sched End Balance  
Pool - 2127 3 $1,303,737.67 0 $0.00 0 $0.00 0 $0.00  
Pool - 2128 0 $0.00 0 $0.00 0 $0.00 0 $0.00  
Pool - 2129 1 $215,200.00 0 $0.00 0 $0.00 0 $0.00  
Pool - 2130 8 $1,465,458.21 0 $0.00 1 $176,000.00 0 $0.00  
Pool - 2131 0 $0.00 0 $0.00 0 $0.00 0 $0.00  
Group 1 12 $2,984,395.88 0 $0.00 1 $176,000.00 0 $0.00  
Aggregate 12 $2,984,395.88 0 $0.00 1 $176,000.00 0 $0.00  
 
Foreclosure and REO Information by Group
Pool ID Foreclosure Count Sched End Balance REO Count Sched End Balance
Pool - 2127 0 $0.00 0 $0.00
Pool - 2128 1 $524,914.40 0 $0.00
Pool - 2129 1 $270,859.95 0 $0.00
Pool - 2130 2 $435,103.32 0 $0.00
Pool - 2131 0 $0.00 0 $0.00
Group 1 4 $1,230,877.67 0 $0.00
Aggregate 4 $1,230,877.67 0 $0.00
 
Aggregate Loss Amounts by Group
Pool ID Count Loss Amount  
Pool - 2127 0 $0.00  
Pool - 2128 0 $0.00  
Pool - 2129 0 $0.00  
Pool - 2130 0 $0.00  
Pool - 2131 0 $0.00  
Group 1 0 $0.00  
Aggregate 0 $0.00  



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
Series: WAMMS.03AR3
Distribution Date: 12/27/2004
 
INSURANCE RESERVES - Group 1
Insurance Type Original Balance Claims In Progress Claims Paid Coverage Adjustments Coverage Remaining
MPI $0.00 $0.00 $0.00 $0.00 $0.00
Special Hazard $6,792,464.00 $0.00 $0.00 $0.00 $6,792,464.00
Bankruptcy Bond
Single-Units $150,000.00 $0.00 $0.00 $0.00 $150,000.00
Multi-Units $0.00 $0.00 $0.00 $0.00 $0.00
Mortgage Repurchase $20,377,394.00 $0.00 $0.00 $0.00 $20,377,394.00
 
INSURANCE RESERVES - Aggregate
Insurance Type Original Balance Claims In Progress Claims Paid Coverage Adjustments Coverage Remaining
MPI $0.00 $0.00 $0.00 $0.00 $0.00
Special Hazard $6,792,464.00 $0.00 $0.00 $0.00 $6,792,464.00
Bankruptcy Bond
Single-Units $150,000.00 $0.00 $0.00 $0.00 $150,000.00
Multi-Units $0.00 $0.00 $0.00 $0.00 $0.00
Mortgage Repurchase $20,377,394.00 $0.00 $0.00 $0.00 $20,377,394.00



WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
Series: WAMMS.03AR3
Distribution Date: 12/27/2004
 
The Group B Certificates provide, to the limited extent described in the Prospectus Supplement, credit support, as well as special hazard, bankruptcy, and fraud coverage to certain Group I, II, III,IV, V and Class M Certificates. The "Prospectus Supplement" is that certain Prospectus Supplement, dated June 24, 2003 to that certain Prospectus Supplement, dated May 20, 2003, to which certain Group I, II, III, IV, V, and Class M Certificates were offered. The Special Hazard, Bankruptcy, and Fraud coverage (collectively, "Credit Enhancements") provided by the B certificates provide coverage to the Group I, II, III,IV, V, and Class M Loans, subject to the conditions and limitations to payment specified thereunder.
 
The Class Principal Balances of each Class of the Class M,B1,B2,B3,B4,B5,B6 Certificatesimmediately after the principal and interest distribution on 200412 are as follows:
Class Class Principal Balance
M $26,354,230.80
B1 $12,038,191.48
B2 $9,110,241.67
B3 $6,507,151.24
B4 $6,832,585.45
B5 $2,277,560.42
B6 $1,952,404.86
Total $65,072,365.92
Capitalized items used but not defined herein have the meanings ascribed to them in the Prospectus Supplement.
The amount of the special hazard coverage, bankruptcy coverage, and fraud coverage, as of the above referenced distribution date, is $6,792,464.00, $150,000.00, $20,377,394.00 respectively, and such coverages are referred to in the table above under the column "Insurance Type" as "special hazard," "bankruptcy bond," and "mortgage repurchase," respectively. However, no policy of insurance exists for any such coverage, notwithstanding the reference to "insurance."


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