-----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, NVobhfhjyP/zZt0EYcvqtHcomw1oXX4WfkSRLl9tn6Bq2pRkIzwCyqzNvq1an7s4 IUBk4FJUp3m2Q6EdcRrlGw== 0001056404-03-001878.txt : 20031010 0001056404-03-001878.hdr.sgml : 20031010 20031010100502 ACCESSION NUMBER: 0001056404-03-001878 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: 20031010 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPTION ONE MORTGAGE ACCEP CORP ASSET BACK CERTS SER 2003 5 CENTRAL INDEX KEY: 0001256334 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-104020-02 FILM NUMBER: 03936226 BUSINESS ADDRESS: STREET 1: 3 ADA ROAD CITY: IRVINE STATE: CA ZIP: 92618 FORMER COMPANY: FORMER CONFORMED NAME: OPTION ONE MORTGAGE LOAN TRUST 2003-5 DATE OF NAME CHANGE: 20030813 FORMER COMPANY: FORMER CONFORMED NAME: ASSET-BACKED CERTIFICATES SERIES 2003-5 DATE OF NAME CHANGE: 20030723 8-K 1 opt03005.txt SEPTEMBER 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): September 25, 2003 OPTION ONE MORTGAGE LOAN TRUST Asset-Backed Certificates, Series 2003-5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-104020-02 54-2120464 Pooling and Servicing Agreement) (Commission 54-2120465 (State or other File Number) 54-2120463 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 OPTION ONE MORTGAGE LOAN TRUST, Asset-Backed Certificates, Series 2003-5 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 Asset-Backed Certificates, Series 2003-5 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. OPTION ONE MORTGAGE LOAN TRUST Asset-Backed Certificates, Series 2003-5 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 10/6/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset- Backed Certificates, Series 2003-5 Trust, relating to the September 25, 2003 distribution. EX-99.1
Option One Mortgage Loan Trust Asset-Backed Certificates Record Date: 8/31/03 Distribution Date: 9/25/03 OOMC Series: 2003-5 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-1 68400XBR0 SEN 1.43000% 345,090,213.05 424,940.25 1,791,954.06 A-2 68400XBS8 SEN 1.43000% 275,553,067.51 339,312.99 952,965.78 A-3 68400XBT6 SEN 1.56000% 15,936,155.93 21,407.57 82,751.87 M-1 68400XBU3 MEZ 1.76000% 39,375,000.00 59,675.00 0.00 M-2 68400XBV1 MEZ 2.66000% 31,875,000.00 73,011.46 0.00 M-3 68400XBW9 MEZ 3.11000% 7,500,000.00 20,085.42 0.00 M-4 68400XBX7 MEZ 4.01000% 9,375,000.00 32,372.40 0.00 M-5 68400XBY5 MEZ 4.71000% 7,500,000.00 30,418.75 0.00 M-6 68400XBZ2 MEZ 4.61000% 8,250,000.00 32,750.21 0.00 P OPT03005P Pre_Pay 0.00000% 100.00 38,009.06 0.00 C OPT03005C OC 0.00000% 8,624,992.09 3,212,723.61 0.00 R-1 OPT0305R1 RES 0.00000% 0.00 0.00 0.00 R-2 OPT0305R2 RES 0.00000% 0.00 0.00 0.00 R-3 OPT0305R3 RES 0.00000% 0.00 0.00 0.00 Totals 749,079,528.58 4,284,706.72 2,827,671.71
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 343,298,258.98 2,216,894.31 0.00 A-2 0.00 274,600,101.73 1,292,278.77 0.00 A-3 0.00 15,853,404.07 104,159.44 0.00 M-1 0.00 39,375,000.00 59,675.00 0.00 M-2 0.00 31,875,000.00 73,011.46 0.00 M-3 0.00 7,500,000.00 20,085.42 0.00 M-4 0.00 9,375,000.00 32,372.40 0.00 M-5 0.00 7,500,000.00 30,418.75 0.00 M-6 0.00 8,250,000.00 32,750.21 0.00 P 0.00 100.00 38,009.06 0.00 C 0.00 8,624,992.09 3,212,723.61 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 Totals 0.00 746,251,856.87 7,112,378.43 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-1 345,390,000.00 345,090,213.05 0.00 1,791,954.06 0.00 0.00 A-2 276,160,000.00 275,553,067.51 0.00 952,965.78 0.00 0.00 A-3 15,950,000.00 15,936,155.93 0.00 82,751.87 0.00 0.00 M-1 39,375,000.00 39,375,000.00 0.00 0.00 0.00 0.00 M-2 31,875,000.00 31,875,000.00 0.00 0.00 0.00 0.00 M-3 7,500,000.00 7,500,000.00 0.00 0.00 0.00 0.00 M-4 9,375,000.00 9,375,000.00 0.00 0.00 0.00 0.00 M-5 7,500,000.00 7,500,000.00 0.00 0.00 0.00 0.00 M-6 8,250,000.00 8,250,000.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 C 8,624,992.09 8,624,992.09 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 0.00 Totals 750,000,092.09 749,079,528.58 0.00 2,827,671.71 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-1 1,791,954.06 343,298,258.98 0.99394383 1,791,954.06 A-2 952,965.78 274,600,101.73 0.99435147 952,965.78 A-3 82,751.87 15,853,404.07 0.99394383 82,751.87 M-1 0.00 39,375,000.00 1.00000000 0.00 M-2 0.00 31,875,000.00 1.00000000 0.00 M-3 0.00 7,500,000.00 1.00000000 0.00 M-4 0.00 9,375,000.00 1.00000000 0.00 M-5 0.00 7,500,000.00 1.00000000 0.00 M-6 0.00 8,250,000.00 1.00000000 0.00 P 0.00 100.00 1.00000000 0.00 C 0.00 8,624,992.09 1.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 R-3 0.00 0.00 0.00000000 0.00 Totals 2,827,671.71 746,251,856.87 0.99500235 2,827,671.71
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 345,390,000.00 999.13203350 0.00000000 5.18820481 0.00000000 A-2 276,160,000.00 997.80224330 0.00000000 3.45077412 0.00000000 A-3 15,950,000.00 999.13203323 0.00000000 5.18820502 0.00000000 M-1 39,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 31,875,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 7,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 9,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 7,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 8,250,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 8,624,992.09 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 5.18820481 993.94382866 0.99394383 5.18820481 A-2 0.00000000 3.45077412 994.35146918 0.99435147 3.45077412 A-3 0.00000000 5.18820502 993.94382884 0.99394383 5.18820502 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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-1 345,390,000.00 1.43000% 345,090,213.05 424,940.25 0.00 0.00 A-2 276,160,000.00 1.43000% 275,553,067.51 339,312.99 0.00 0.00 A-3 15,950,000.00 1.56000% 15,936,155.93 21,407.57 0.00 0.00 M-1 39,375,000.00 1.76000% 39,375,000.00 59,675.00 0.00 0.00 M-2 31,875,000.00 2.66000% 31,875,000.00 73,011.46 0.00 0.00 M-3 7,500,000.00 3.11000% 7,500,000.00 20,085.42 0.00 0.00 M-4 9,375,000.00 4.01000% 9,375,000.00 32,372.40 0.00 0.00 M-5 7,500,000.00 4.71000% 7,500,000.00 30,418.75 0.00 0.00 M-6 8,250,000.00 4.61000% 8,250,000.00 32,750.21 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 C 8,624,992.09 0.00000% 8,624,992.09 0.00 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 R-2 0.00 0.00000% 0.00 0.00 0.00 0.00 R-3 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 750,000,092.09 1,033,974.05 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-1 0.00 0.00 424,940.25 0.00 343,298,258.98 A-2 0.00 0.00 339,312.99 0.00 274,600,101.73 A-3 0.00 0.00 21,407.57 0.00 15,853,404.07 M-1 0.00 0.00 59,675.00 0.00 39,375,000.00 M-2 0.00 0.00 73,011.46 0.00 31,875,000.00 M-3 0.00 0.00 20,085.42 0.00 7,500,000.00 M-4 0.00 0.00 32,372.40 0.00 9,375,000.00 M-5 0.00 0.00 30,418.75 0.00 7,500,000.00 M-6 0.00 0.00 32,750.21 0.00 8,250,000.00 P 0.00 0.00 38,009.06 0.00 100.00 C 0.00 0.00 3,212,723.61 0.00 8,624,992.09 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 4,284,706.72 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-1 345,390,000.00 1.43000% 999.13203350 1.23032007 0.00000000 0.00000000 A-2 276,160,000.00 1.43000% 997.80224330 1.22868261 0.00000000 0.00000000 A-3 15,950,000.00 1.56000% 999.13203323 1.34216740 0.00000000 0.00000000 M-1 39,375,000.00 1.76000% 1000.00000000 1.51555556 0.00000000 0.00000000 M-2 31,875,000.00 2.66000% 1000.00000000 2.29055561 0.00000000 0.00000000 M-3 7,500,000.00 3.11000% 1000.00000000 2.67805600 0.00000000 0.00000000 M-4 9,375,000.00 4.01000% 1000.00000000 3.45305600 0.00000000 0.00000000 M-5 7,500,000.00 4.71000% 1000.00000000 4.05583333 0.00000000 0.00000000 M-6 8,250,000.00 4.61000% 1000.00000000 3.96972242 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 C 8,624,992.09 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1 0.00000000 0.00000000 1.23032007 0.00000000 993.94382866 A-2 0.00000000 0.00000000 1.22868261 0.00000000 994.35146918 A-3 0.00000000 0.00000000 1.34216740 0.00000000 993.94382884 M-1 0.00000000 0.00000000 1.51555556 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.29055561 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 2.67805600 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.45305600 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 4.05583333 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 3.96972242 0.00000000 1000.00000000 P 0.00000000 0.00000000 380090.60000000 0.00000000 1000.00000000 C 0.00000000 0.00000000 372.49003552 0.00000000 1000.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 7,688,753.35 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 38,009.06 Total Deposits 7,726,762.41 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 614,383.98 Payment of Interest and Principal 7,112,378.43 Total Withdrawals (Pool Distribution Amount) 7,726,762.41 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES Gross Servicing Fee 187,269.92 Radian PMI Policy Fee 425,241.37 Wells Fargo 1,872.69 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 614,383.98
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 0.00 0.00 1,000.00
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 3 0 0 3 425,908.41 0.00 0.00 425,908.41 30 Days 10 0 0 0 10 1,488,043.24 0.00 0.00 0.00 1,488,043.24 60 Days 3 0 0 0 3 318,070.14 0.00 0.00 0.00 318,070.14 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 13 3 0 0 16 1,806,113.38 425,908.41 0.00 0.00 2,232,021.79 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 0.059183% 0.000000% 0.000000% 0.059183% 0.057066% 0.000000% 0.000000% 0.057066% 30 Days 0.197278% 0.000000% 0.000000% 0.000000% 0.197278% 0.199380% 0.000000% 0.000000% 0.000000% 0.199380% 60 Days 0.059183% 0.000000% 0.000000% 0.000000% 0.059183% 0.042617% 0.000000% 0.000000% 0.000000% 0.042617% 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 0.256461% 0.059183% 0.000000% 0.000000% 0.315644% 0.241997% 0.057066% 0.000000% 0.000000% 0.299064%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 95,988.39 Class A-2 128,450,092.09 17.12667684% 128,353,496.16 17.19975568% 36.797242% 0.000000% Class A-3 112,500,092.09 15.00001044% 112,500,092.09 15.07535171% 2.124404% 0.000000% Class M-1 73,125,092.09 9.75001108% 73,125,092.09 9.79898293% 5.276369% 0.000000% Class M-2 41,250,092.09 5.50001160% 41,250,092.09 5.52763678% 4.271346% 0.000000% Class M-3 33,750,092.09 4.50001173% 33,750,092.09 4.52261415% 1.005023% 0.000000% Class M-4 24,375,092.09 3.25001188% 24,375,092.09 3.26633587% 1.256278% 0.000000% Class R-I 8,625,092.09 1.15001214% 8,625,092.09 1.15578836% 0.000000% 0.000000% Class R-II 8,625,092.09 1.15001214% 8,625,092.09 1.15578836% 0.000000% 0.000000% Class R-III 8,625,092.09 1.15001214% 8,625,092.09 1.15578836% 0.000000% 0.000000% Class C 100.00 0.00001333% 100.00 0.00001340% 1.155775% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.787288% Weighted Average Net Coupon 7.487288% Weighted Average Pass-Through Rate 6.803066% Weighted Average Maturity(Stepdown Calculation ) 358 Beginning Scheduled Collateral Loan Count 5,081 Number Of Loans Paid In Full 12 Ending Scheduled Collateral Loan Count 5,069 Beginning Scheduled Collateral Balance 749,079,528.58 Ending Scheduled Collateral Balance 746,251,856.87 Ending Actual Collateral Balance at 31-Aug-2003 746,337,052.77 Monthly P &I Constant 5,446,536.18 Special Servicing Fee 0.00 Prepayment Penalties 38,009.06 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 746,251,856.87 Scheduled Principal 585,454.67 Unscheduled Principal 2,242,217.04
Trigger Event Not Triggered In Effect Since N/A Comments N/A Stepdown Date Don't Step Down In Effect Since N/A Comments N/A Unscheduled Principal-Voluntary 2,242,217.04 Unscheduled Principal-Involuntary 0.00
Miscellaneous Reporting General Excess Available Amt 3,212,723.61 Excess Overcollateralized Amt 0.00 Extra Principal Distribution Amt 0.00 Overcollateralization Amt 8,624,992.09 Overcollateralization Deficit Amt 0.00 #OC_RELEASE 0.00 #OC_TARGET 8,624,992.09 #OCINCREMENT 0.00 #STEPDOWN 0.00 #TRIGEVENT 0.00
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 7.528369 7.905070 7.648434 Weighted Average Net Rate 7.228369 7.605070 7.348434 Weighted Average Maturity 358 358 358 Beginning Loan Count 1,002 1,940 743 Loans Paid In Full 1 7 1 Ending Loan Count 1,001 1,933 742 Beginning Scheduled Balance 141,026,002.76 283,792,683.41 104,590,150.79 Ending scheduled Balance 140,612,859.02 282,331,121.22 104,416,042.09 Record Date 08/31/2003 08/31/2003 08/31/2003 Principal And Interest Constant 1,015,499.22 2,069,843.66 764,078.22 Scheduled Principal 130,752.72 200,342.73 97,452.53 Unscheduled Principal 282,391.02 1,261,219.46 76,656.17 Scheduled Interest 884,746.50 1,869,500.93 666,625.69 Servicing Fees 35,256.52 70,948.18 26,147.54 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 352.58 709.48 261.46 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 95,192.30 161,770.63 62,056.40 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 849,489.86 1,798,552.52 640,478.13 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.415371 6.918033 6.633439
Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 7.867459 7.787288 Weighted Average Net Rate 7.567459 7.487288 Weighted Average Maturity 358 358 Beginning Loan Count 1,396 5,081 Loans Paid In Full 3 12 Ending Loan Count 1,393 5,069 Beginning Scheduled Balance 219,670,691.62 749,079,528.58 Ending scheduled Balance 218,891,834.54 746,251,856.87 Record Date 08/31/2003 08/31/2003 Principal And Interest Constant 1,597,115.08 5,446,536.18 Scheduled Principal 156,906.69 585,454.67 Unscheduled Principal 621,950.39 2,242,217.04 Scheduled Interest 1,440,208.39 4,861,081.51 Servicing Fees 54,917.68 187,269.92 Master Servicing Fees 0.00 0.00 Trustee Fee 549.17 1,872.69 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 106,222.04 425,241.37 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 1,385,290.64 4,673,811.15 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.984197 6.803066
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