-----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, TiT8hhtpOK40P9QHqGWWV+U9g7IzGf8dnIwNSiA94uPEk4RXE1L/6uXMcCwAoY5G +h1p7lpJXl5w8Jan36+8hA== 0001056404-03-001805.txt : 20031006 0001056404-03-001805.hdr.sgml : 20031006 20031006115415 ACCESSION NUMBER: 0001056404-03-001805 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030925 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031006 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO ASSET SEC CORP MORT PASS THR CERTS SERIES 2003-8 CENTRAL INDEX KEY: 0001256301 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: 333-98129-22 FILM NUMBER: 03929230 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 8-K 1 wfm03008.txt SEPTEMBER 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 25, 2003 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-8 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-98129-22 54-2121773 Pooling and Servicing Agreement) (Commission 54-2121774 (State or other File Number) IRS EIN 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 September 25, 2003 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2003-8 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 2003-8 Trust, relating to the September 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 2003-8 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: 9/29/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-8 Trust, relating to the September 25, 2003 distribution. EX-99.1
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 8/31/03 Distribution Date: 9/25/03 WFMBS Series: 2003-8 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 94979RAK6 PO 0.00000% 98,354.05 0.00 394.57 A-1 94979RAA8 SEN 4.50000% 393,822,962.94 1,476,741.74 11,796,939.13 A-2 94979RAB6 SEN 3.25000% 139,136,019.83 376,802.64 918,689.67 A-3 94979RAC4 SEN 4.50000% 53,768,307.07 201,618.27 671,693.39 A-4 94979RAD2 SEN 4.50000% 47,960,000.00 179,838.51 0.00 A-5 94979RAE0 SEN 1.51000% 49,691,435.66 62,524.39 328,103.46 A-6 94979RAF7 SEN 6.49000% 0.00 268,730.67 0.00 A-7 94979RAG5 SEN 4.50000% 79,008,213.55 296,261.87 9,499,407.00 A-8 94979RAH3 SEN 4.50000% 988,679.11 3,707.31 988,679.11 A-9 94979RAJ9 SEN 4.50000% 43,622,000.00 163,572.05 0.00 A-R 94979RAL4 SEN 4.50000% 0.00 0.00 0.00 A-LR 94979RAM2 SEN 4.50000% 0.00 0.00 0.00 B-1 94979RAN0 SUB 4.50000% 5,930,625.14 22,238.42 21,652.03 B-2 94979RAP5 SUB 4.50000% 1,270,421.21 4,763.78 4,638.16 B-3 94979RAQ3 SUB 4.50000% 1,694,891.36 6,355.44 6,187.85 B-4 94979RAR1 SUB 4.50000% 846,947.47 3,175.85 3,092.11 B-5 94979RAS9 SUB 4.50000% 423,473.74 1,587.93 1,546.05 B-6 94979RAT7 SUB 4.50000% 847,911.87 3,179.47 3,095.63 Totals 819,110,243.00 3,071,098.34 24,244,118.16
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-PO 0.00 97,959.48 394.57 0.00 A-1 0.00 382,026,023.81 13,273,680.87 0.00 A-2 0.00 138,217,330.16 1,295,492.31 0.00 A-3 0.00 53,096,613.68 873,311.66 0.00 A-4 0.00 47,960,000.00 179,838.51 0.00 A-5 0.00 49,363,332.20 390,627.85 0.00 A-6 0.00 0.00 268,730.67 0.00 A-7 0.00 69,508,806.55 9,795,668.87 0.00 A-8 0.00 0.00 992,386.42 0.00 A-9 0.00 43,622,000.00 163,572.05 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 5,908,973.11 43,890.45 0.00 B-2 0.00 1,265,783.05 9,401.94 0.00 B-3 0.00 1,688,703.50 12,543.29 0.00 B-4 0.00 843,855.37 6,267.96 0.00 B-5 0.00 421,927.68 3,133.98 0.00 B-6 0.00 844,816.24 6,275.10 0.00 Totals 0.00 794,866,124.83 27,315,216.50 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 98,818.07 98,354.05 385.77 8.80 0.00 0.00 A-1 409,000,000.00 393,822,962.94 1,437,802.48 10,359,136.65 0.00 0.00 A-2 140,000,000.00 139,136,019.83 111,969.24 806,720.44 0.00 0.00 A-3 54,400,000.00 53,768,307.07 81,865.51 589,827.88 0.00 0.00 A-4 47,960,000.00 47,960,000.00 0.00 0.00 0.00 0.00 A-5 50,000,000.00 49,691,435.66 39,989.01 288,114.44 0.00 0.00 A-6 0.00 0.00 0.00 0.00 0.00 0.00 A-7 79,226,000.00 79,008,213.55 1,157,780.91 8,341,626.09 0.00 0.00 A-8 14,928,000.00 988,679.11 120,499.50 868,179.61 0.00 0.00 A-9 43,622,000.00 43,622,000.00 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 5,952,000.00 5,930,625.14 21,652.03 0.00 0.00 0.00 B-2 1,275,000.00 1,270,421.21 4,638.16 0.00 0.00 0.00 B-3 1,701,000.00 1,694,891.36 6,187.85 0.00 0.00 0.00 B-4 850,000.00 846,947.47 3,092.11 0.00 0.00 0.00 B-5 425,000.00 423,473.74 1,546.05 0.00 0.00 0.00 B-6 850,967.87 847,911.87 3,095.63 0.00 0.00 0.00 Totals 850,288,885.94 819,110,243.00 2,990,504.25 21,253,613.91 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 394.57 97,959.48 0.99131141 394.57 A-1 11,796,939.13 382,026,023.81 0.93404896 11,796,939.13 A-2 918,689.67 138,217,330.16 0.98726664 918,689.67 A-3 671,693.39 53,096,613.68 0.97604069 671,693.39 A-4 0.00 47,960,000.00 1.00000000 0.00 A-5 328,103.46 49,363,332.20 0.98726664 328,103.46 A-6 0.00 0.00 0.00000000 0.00 A-7 9,499,407.00 69,508,806.55 0.87734843 9,499,407.00 A-8 988,679.11 0.00 0.00000000 988,679.11 A-9 0.00 43,622,000.00 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 21,652.03 5,908,973.11 0.99277102 21,652.03 B-2 4,638.16 1,265,783.05 0.99277102 4,638.16 B-3 6,187.85 1,688,703.50 0.99277102 6,187.85 B-4 3,092.11 843,855.37 0.99277102 3,092.11 B-5 1,546.05 421,927.68 0.99277101 1,546.05 B-6 3,095.63 844,816.24 0.99277102 3,095.63 Totals 24,244,118.16 794,866,124.83 0.93481890 24,244,118.16
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-PO 98,818.07 995.30430011 3.90384066 0.08905254 0.00000000 A-1 409,000,000.00 962.89232993 3.51540949 25.32796247 0.00000000 A-2 140,000,000.00 993.82871307 0.79978029 5.76228886 0.00000000 A-3 54,400,000.00 988.38799761 1.50488070 10.84242426 0.00000000 A-4 47,960,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 50,000,000.00 993.82871320 0.79978020 5.76228880 0.00000000 A-6 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-7 79,226,000.00 997.25107351 14.61364842 105.28899717 0.00000000 A-8 14,928,000.00 66.22984392 8.07204582 58.15779810 0.00000000 A-9 43,622,000.00 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 5,952,000.00 996.40879368 3.63777386 0.00000000 0.00000000 B-2 1,275,000.00 996.40879216 3.63777255 0.00000000 0.00000000 B-3 1,701,000.00 996.40879483 3.63777190 0.00000000 0.00000000 B-4 850,000.00 996.40878824 3.63777647 0.00000000 0.00000000 B-5 425,000.00 996.40880000 3.63776471 0.00000000 0.00000000 B-6 850,967.87 996.40879508 3.63777542 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 3.99289320 991.31140691 0.99131141 3.99289320 A-1 0.00000000 28.84337196 934.04895797 0.93404896 28.84337196 A-2 0.00000000 6.56206907 987.26664400 0.98726664 6.56206907 A-3 0.00000000 12.34730496 976.04069265 0.97604069 12.34730496 A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-5 0.00000000 6.56206920 987.26664400 0.98726664 6.56206920 A-6 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-7 0.00000000 119.90264560 877.34842792 0.87734843 119.90264560 A-8 0.00000000 66.22984392 0.00000000 0.00000000 66.22984392 A-9 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 3.63777386 992.77101983 0.99277102 3.63777386 B-2 0.00000000 3.63777255 992.77101961 0.99277102 3.63777255 B-3 0.00000000 3.63777190 992.77101705 0.99277102 3.63777190 B-4 0.00000000 3.63777647 992.77102353 0.99277102 3.63777647 B-5 0.00000000 3.63776471 992.77101176 0.99277101 3.63776471 B-6 0.00000000 3.63777542 992.77101966 0.99277102 3.63777542 (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 98,818.07 0.00000% 98,354.05 0.00 0.00 0.00 A-1 409,000,000.00 4.50000% 393,822,962.94 1,476,836.11 0.00 0.00 A-2 140,000,000.00 3.25000% 139,136,019.83 376,826.72 0.00 0.00 A-3 54,400,000.00 4.50000% 53,768,307.07 201,631.15 0.00 0.00 A-4 47,960,000.00 4.50000% 47,960,000.00 179,850.00 0.00 0.00 A-5 50,000,000.00 1.51000% 49,691,435.66 62,528.39 0.00 0.00 A-6 0.00 6.49000% 49,691,435.66 268,747.85 0.00 0.00 A-7 79,226,000.00 4.50000% 79,008,213.55 296,280.80 0.00 0.00 A-8 14,928,000.00 4.50000% 988,679.11 3,707.55 0.00 0.00 A-9 43,622,000.00 4.50000% 43,622,000.00 163,582.50 0.00 0.00 A-R 50.00 4.50000% 0.00 0.00 0.00 0.00 A-LR 50.00 4.50000% 0.00 0.00 0.00 0.00 B-1 5,952,000.00 4.50000% 5,930,625.14 22,239.84 0.00 0.00 B-2 1,275,000.00 4.50000% 1,270,421.21 4,764.08 0.00 0.00 B-3 1,701,000.00 4.50000% 1,694,891.36 6,355.84 0.00 0.00 B-4 850,000.00 4.50000% 846,947.47 3,176.05 0.00 0.00 B-5 425,000.00 4.50000% 423,473.74 1,588.03 0.00 0.00 B-6 850,967.87 4.50000% 847,911.87 3,179.67 0.00 0.00 Totals 850,288,885.94 3,071,294.58 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 97,959.48 A-1 94.37 0.00 1,476,741.74 0.00 382,026,023.81 A-2 24.08 0.00 376,802.64 0.00 138,217,330.16 A-3 12.88 0.00 201,618.27 0.00 53,096,613.68 A-4 11.49 0.00 179,838.51 0.00 47,960,000.00 A-5 4.00 0.00 62,524.39 0.00 49,363,332.20 A-6 17.17 0.00 268,730.67 0.00 49,363,332.20 A-7 18.93 0.00 296,261.87 0.00 69,508,806.55 A-8 0.24 0.00 3,707.31 0.00 0.00 A-9 10.45 0.00 163,572.05 0.00 43,622,000.00 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 1.42 0.00 22,238.42 0.00 5,908,973.11 B-2 0.30 0.00 4,763.78 0.00 1,265,783.05 B-3 0.41 0.00 6,355.44 0.00 1,688,703.50 B-4 0.20 0.00 3,175.85 0.00 843,855.37 B-5 0.10 0.00 1,587.93 0.00 421,927.68 B-6 0.20 0.00 3,179.47 0.00 844,816.24 Totals 196.24 0.00 3,071,098.34 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 98,818.07 0.00000% 995.30430011 0.00000000 0.00000000 0.00000000 A-1 409,000,000.00 4.50000% 962.89232993 3.61084623 0.00000000 0.00000000 A-2 140,000,000.00 3.25000% 993.82871307 2.69161943 0.00000000 0.00000000 A-3 54,400,000.00 4.50000% 988.38799761 3.70645496 0.00000000 0.00000000 A-4 47,960,000.00 4.50000% 1000.00000000 3.75000000 0.00000000 0.00000000 A-5 50,000,000.00 1.51000% 993.82871320 1.25056780 0.00000000 0.00000000 A-6 0.00 6.49000% 993.82871320 5.37495700 0.00000000 0.00000000 A-7 79,226,000.00 4.50000% 997.25107351 3.73969152 0.00000000 0.00000000 A-8 14,928,000.00 4.50000% 66.22984392 0.24836214 0.00000000 0.00000000 A-9 43,622,000.00 4.50000% 1000.00000000 3.75000000 0.00000000 0.00000000 A-R 50.00 4.50000% 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 4.50000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 5,952,000.00 4.50000% 996.40879368 3.73653226 0.00000000 0.00000000 B-2 1,275,000.00 4.50000% 996.40879216 3.73653333 0.00000000 0.00000000 B-3 1,701,000.00 4.50000% 996.40879483 3.73653145 0.00000000 0.00000000 B-4 850,000.00 4.50000% 996.40878824 3.73652941 0.00000000 0.00000000 B-5 425,000.00 4.50000% 996.40880000 3.73654118 0.00000000 0.00000000 B-6 850,967.87 4.50000% 996.40879508 3.73653355 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 991.31140691 A-1 0.00023073 0.00000000 3.61061550 0.00000000 934.04895797 A-2 0.00017200 0.00000000 2.69144743 0.00000000 987.26664400 A-3 0.00023676 0.00000000 3.70621820 0.00000000 976.04069265 A-4 0.00023957 0.00000000 3.74976043 0.00000000 1000.00000000 A-5 0.00008000 0.00000000 1.25048780 0.00000000 987.26664400 A-6 0.00034340 0.00000000 5.37461340 0.00000000 987.26664400 A-7 0.00023894 0.00000000 3.73945258 0.00000000 877.34842792 A-8 0.00001608 0.00000000 0.24834606 0.00000000 0.00000000 A-9 0.00023956 0.00000000 3.74976044 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 0.00023858 0.00000000 3.73629368 0.00000000 992.77101983 B-2 0.00023529 0.00000000 3.73629804 0.00000000 992.77101961 B-3 0.00024103 0.00000000 3.73629630 0.00000000 992.77101705 B-4 0.00023529 0.00000000 3.73629412 0.00000000 992.77102353 B-5 0.00023529 0.00000000 3.73630588 0.00000000 992.77101176 B-6 0.00023503 0.00000000 3.73629853 0.00000000 992.77101966 (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 0.00 Deposits Payments of Interest and Principal 27,977,716.59 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 27,977,716.59 Withdrawals Reimbursement for Servicer Advances 291,905.78 Payment of Service Fee 160,686.48 Payment of Interest and Principal 27,315,216.49 Total Withdrawals (Pool Distribution Amount) 27,767,808.76 Ending Balance 209,907.83
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 16,970.75 Servicing Fee Support 16,774.51 Non-Supported Prepayment/Curtailment Interest Shortfall 196.24
SERVICING FEES Gross Servicing Fee 170,635.57 Master Servicing Fee 6,825.42 Supported Prepayment/Curtailment Interest Shortfall 16,774.51 Net Servicing Fee 160,686.48
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 2 982,397.09 0.00 0.00 0.00 982,397.09 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 2 982,397.09 0.00 0.00 0.00 982,397.09 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 0.120048% 0.000000% 0.000000% 0.000000% 0.120048% 0.122328% 0.000000% 0.000000% 0.000000% 0.122328% 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 0.120048% 0.000000% 0.000000% 0.000000% 0.120048% 0.122328% 0.000000% 0.000000% 0.000000% 0.122328%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 195,653.17
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 11,053,967.87 1.30002497% 10,974,058.95 1.38061726% 98.619383% 100.000000% Class B-1 5,101,967.87 0.60002759% 5,065,085.84 0.63722502% 0.743392% 0.000000% Class B-2 3,826,967.87 0.45007855% 3,799,302.79 0.47798021% 0.159245% 0.000000% Class B-3 2,125,967.87 0.25002889% 2,110,599.29 0.26552890% 0.212451% 0.000000% Class B-4 1,275,967.87 0.15006287% 1,266,743.92 0.15936569% 0.106163% 0.000000% Class B-5 850,967.87 0.10007985% 844,816.24 0.10628409% 0.053082% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.106284% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Fixed 15 Year Weighted Average Gross Coupon 5.349165% Weighted Average Net Coupon 4.499499% Weighted Average Pass-Through Rate 4.500000% Weighted Average Maturity(Stepdown Calculation ) 176 Beginning Scheduled Collateral Loan Count 1,702 Number Of Loans Paid In Full 36 Ending Scheduled Collateral Loan Count 1,666 Beginning Scheduled Collateral Balance 819,110,243.11 Ending Scheduled Collateral Balance 794,866,124.94 Ending Actual Collateral Balance at 31-Aug-2003 803,083,880.23 Ending Scheduled Balance For Wells Fargo Serviced 793,552,453.45 Ending Scheduled Balance For Other Servicers 1,313,671.49 Monthly P &I Constant 6,318,094.05 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 27,233,897.40 Ending Scheduled Balance for Premium Loans 786,224,472.84 Ending scheduled Balance For discounted Loans 8,641,652.10 Scheduled Principal 2,990,504.26 Unscheduled Principal 21,253,613.91 Unpaid Principal Balance Of Outstanding Mortgage Loans With Or Less Than Or Equal To 80% 789,131,583.68 Greater Than 80%, less than or equal to 85% 1,683,938.66 Greater than 85%, less than or equal to 95% 3,457,036.29 Greater than 95% 494,537.36
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