-----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, HNj9Hl0J+4OjyAa6Pv0J6zHrIMT/Zk5nCT/LtASCrIc/zu5aHojVg5YuQtrjA6aD DpnTmsLAZrOgY6wCse53Zw== 0001056404-03-002136.txt : 20031110 0001056404-03-002136.hdr.sgml : 20031110 20031110102923 ACCESSION NUMBER: 0001056404-03-002136 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031027 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MERRILL LYNCH MOR INV INC PSS THR CER SER MLMI 2003-A4 CENTRAL INDEX KEY: 0001257793 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-47270-09 FILM NUMBER: 03986967 BUSINESS ADDRESS: STREET 1: 4LD FINANCIAL CENTER FLOOR 10 CITY: NEW YORK STATE: NY ZIP: 10281-1310 8-K 1 mlm03a04.txt OCTOBER 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): October 27, 2003 MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2003-A04 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-47270-09 54-2121798 Pooling and Servicing Agreement) (Commission 54-2121799 (State or other File Number) 54-2121800 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 October 27, 2003 a distribution was made to holders of MERRILL LYNCH MORTGAGE INVESTORS, INC., Mortgage Pass-Through Certificates, Series 2003-A04 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-A04 Trust, relating to the October 27, 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. MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2003-A04 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: 10/29/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-A04 Trust, relating to the October 27, 2003 distribution. EX-99.1
Merrill Lynch Mortgage Loans, Inc. Mortgage Pass-Through Certificates Record Date: 9/30/03 Distribution Date: 10/27/03 MLM Series: 2003-A04 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 I-A 589929W53 SEN 4.34880% 373,446,209.18 1,353,370.39 23,348,908.20 II-A 589929W61 SEN 4.61000% 114,061,546.09 438,186.44 4,137,244.10 II-AIO 589929W79 SEN 0.32720% 0.00 31,101.12 0.00 III-A 589929W87 SEN 5.04196% 69,916,894.66 293,765.25 902,780.08 IV-A 589929W95 SEN 5.47640% 6,762,382.57 30,861.24 375,834.11 M-1 589929X29 SUB 4.57045% 10,136,962.87 38,608.72 8,468.84 M-2 589929X37 SUB 4.57045% 4,249,857.29 16,186.46 3,550.51 M-3 589929X45 SUB 4.57045% 2,942,055.31 11,205.43 2,457.91 B-1 589929X86 SUB 4.57045% 1,635,251.64 6,228.19 1,366.16 B-2 589929X94 SUB 4.57045% 1,308,800.31 4,984.84 1,093.43 B-3 589929Y28 SUB 4.57045% 1,309,773.32 4,988.54 1,094.24 R-I 589929X52 RES 0.00000% 0.00 0.00 0.00 R-II 589929X60 RES 0.00000% 0.00 0.00 0.00 R-III 589929X78 RES 0.00000% 0.00 0.00 0.00 Totals 585,769,733.24 2,229,486.62 28,782,797.58
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 350,097,300.97 24,702,278.59 0.00 II-A 0.00 109,924,301.99 4,575,430.54 0.00 II-AIO 0.00 0.00 31,101.12 0.00 III-A 0.00 69,014,114.58 1,196,545.33 0.00 IV-A 0.00 6,386,548.46 406,695.35 0.00 M-1 0.00 10,128,494.04 47,077.56 0.00 M-2 0.00 4,246,306.79 19,736.97 0.00 M-3 0.00 2,939,597.39 13,663.34 0.00 B-1 0.00 1,633,885.49 7,594.35 0.00 B-2 0.00 1,307,706.88 6,078.27 0.00 B-3 0.00 1,308,679.08 6,082.78 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 Totals 0.00 556,986,935.67 31,012,284.20 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) I-A 416,807,000.00 373,446,209.18 306,536.73 23,042,371.47 0.00 0.00 II-A 129,921,000.00 114,061,546.09 91,984.70 4,045,259.40 0.00 0.00 II-AIO 0.00 0.00 0.00 0.00 0.00 0.00 III-A 77,934,000.00 69,916,894.66 69,074.55 833,705.53 0.00 0.00 IV-A 8,807,000.00 6,762,382.57 4,096.08 371,738.03 0.00 0.00 M-1 10,154,000.00 10,136,962.87 8,468.84 0.00 0.00 0.00 M-2 4,257,000.00 4,249,857.29 3,550.51 0.00 0.00 0.00 M-3 2,947,000.00 2,942,055.31 2,457.91 0.00 0.00 0.00 B-1 1,638,000.00 1,635,251.64 1,366.16 0.00 0.00 0.00 B-2 1,311,000.00 1,308,800.31 1,093.43 0.00 0.00 0.00 B-3 1,311,974.65 1,309,773.32 1,094.24 0.00 0.00 0.00 R-I 0.00 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 0.00 Totals 655,087,974.65 585,769,733.24 489,723.15 28,293,074.43 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 I-A 23,348,908.20 350,097,300.97 0.83995063 23,348,908.20 II-A 4,137,244.10 109,924,301.99 0.84608571 4,137,244.10 II-AIO 0.00 0.00 0.00000000 0.00 III-A 902,780.08 69,014,114.58 0.88554565 902,780.08 IV-A 375,834.11 6,386,548.46 0.72516731 375,834.11 M-1 8,468.84 10,128,494.04 0.99748809 8,468.84 M-2 3,550.51 4,246,306.79 0.99748809 3,550.51 M-3 2,457.91 2,939,597.39 0.99748809 2,457.91 B-1 1,366.16 1,633,885.49 0.99748809 1,366.16 B-2 1,093.43 1,307,706.88 0.99748809 1,093.43 B-3 1,094.24 1,308,679.08 0.99748808 1,094.24 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 Totals 28,782,797.58 556,986,935.67 0.85024754 28,782,797.58
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 416,807,000.00 895.96913963 0.73544046 55.28307219 0.00000000 II-A 129,921,000.00 877.93001970 0.70800486 31.13630129 0.00000000 II-AIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A 77,934,000.00 897.12955398 0.88632112 10.69758424 0.00000000 IV-A 8,807,000.00 767.84178154 0.46509368 42.20938231 0.00000000 M-1 10,154,000.00 998.32212626 0.83403979 0.00000000 0.00000000 M-2 4,257,000.00 998.32212591 0.83404040 0.00000000 0.00000000 M-3 2,947,000.00 998.32212759 0.83403800 0.00000000 0.00000000 B-1 1,638,000.00 998.32212454 0.83404151 0.00000000 0.00000000 B-2 1,311,000.00 998.32212815 0.83404272 0.00000000 0.00000000 B-3 1,311,974.65 998.32212459 0.83404051 0.00000000 0.00000000 R-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00 0.00000000 0.00000000 0.00000000 0.00000000
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A 0.00000000 56.01851264 839.95062696 0.83995063 56.01851264 II-A 0.00000000 31.84430616 846.08571355 0.84608571 31.84430616 II-AIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A 0.00000000 11.58390536 885.54564863 0.88554565 11.58390536 IV-A 0.00000000 42.67447599 725.16730555 0.72516731 42.67447599 M-1 0.00000000 0.83403979 997.48808745 0.99748809 0.83403979 M-2 0.00000000 0.83404040 997.48808786 0.99748809 0.83404040 M-3 0.00000000 0.83403800 997.48808619 0.99748809 0.83403800 B-1 0.00000000 0.83404151 997.48808913 0.99748809 0.83404151 B-2 0.00000000 0.83404272 997.48808543 0.99748809 0.83404272 B-3 0.00000000 0.83404051 997.48808409 0.99748808 0.83404051 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, 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 I-A 416,807,000.00 4.34880% 373,446,209.18 1,353,370.40 0.00 0.00 II-A 129,921,000.00 4.61000% 114,061,546.09 438,186.44 0.00 0.00 II-AIO 0.00 0.32720% 114,061,546.09 31,101.12 0.00 0.00 III-A 77,934,000.00 5.04196% 69,916,894.66 293,765.25 0.00 0.00 IV-A 8,807,000.00 5.47640% 6,762,382.57 30,861.24 0.00 0.00 M-1 10,154,000.00 4.57045% 10,136,962.87 38,608.73 0.00 0.00 M-2 4,257,000.00 4.57045% 4,249,857.29 16,186.46 0.00 0.00 M-3 2,947,000.00 4.57045% 2,942,055.31 11,205.43 0.00 0.00 B-1 1,638,000.00 4.57045% 1,635,251.64 6,228.19 0.00 0.00 B-2 1,311,000.00 4.57045% 1,308,800.31 4,984.84 0.00 0.00 B-3 1,311,974.65 4.57045% 1,309,773.32 4,988.54 0.00 0.00 R-I 0.00 0.00000% 0.00 0.00 0.00 0.00 R-II 0.00 0.00000% 0.00 0.00 0.00 0.00 R-III 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 655,087,974.65 2,229,486.64 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 I-A 0.01 0.00 1,353,370.39 0.00 350,097,300.97 II-A 0.00 0.00 438,186.44 0.00 109,924,301.99 II-AIO 0.00 0.00 31,101.12 0.00 109,924,301.99 III-A 0.00 0.00 293,765.25 0.00 69,014,114.58 IV-A 0.00 0.00 30,861.24 0.00 6,386,548.46 M-1 0.00 0.00 38,608.72 0.00 10,128,494.04 M-2 0.00 0.00 16,186.46 0.00 4,246,306.79 M-3 0.00 0.00 11,205.43 0.00 2,939,597.39 B-1 0.00 0.00 6,228.19 0.00 1,633,885.49 B-2 0.00 0.00 4,984.84 0.00 1,307,706.88 B-3 0.00 0.00 4,988.54 0.00 1,308,679.08 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 Totals 0.01 0.00 2,229,486.62 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, 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 I-A 416,807,000.00 4.34880% 895.96913963 3.24699537 0.00000000 0.00000000 II-A 129,921,000.00 4.61000% 877.93001970 3.37271450 0.00000000 0.00000000 II-AIO 0.00 0.32720% 877.93001970 0.23938486 0.00000000 0.00000000 III-A 77,934,000.00 5.04196% 897.12955398 3.76941066 0.00000000 0.00000000 IV-A 8,807,000.00 5.47640% 767.84178154 3.50417168 0.00000000 0.00000000 M-1 10,154,000.00 4.57045% 998.32212626 3.80231731 0.00000000 0.00000000 M-2 4,257,000.00 4.57045% 998.32212591 3.80231619 0.00000000 0.00000000 M-3 2,947,000.00 4.57045% 998.32212759 3.80231761 0.00000000 0.00000000 B-1 1,638,000.00 4.57045% 998.32212454 3.80231380 0.00000000 0.00000000 B-2 1,311,000.00 4.57045% 998.32212815 3.80231884 0.00000000 0.00000000 B-3 1,311,974.65 4.57045% 998.32212459 3.80231432 0.00000000 0.00000000 R-I 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 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 I-A 0.00000002 0.00000000 3.24699535 0.00000000 839.95062696 II-A 0.00000000 0.00000000 3.37271450 0.00000000 846.08571355 II-AIO 0.00000000 0.00000000 0.23938486 0.00000000 846.08571355 III-A 0.00000000 0.00000000 3.76941066 0.00000000 885.54564863 IV-A 0.00000000 0.00000000 3.50417168 0.00000000 725.16730555 M-1 0.00000000 0.00000000 3.80231633 0.00000000 997.48808745 M-2 0.00000000 0.00000000 3.80231619 0.00000000 997.48808786 M-3 0.00000000 0.00000000 3.80231761 0.00000000 997.48808619 B-1 0.00000000 0.00000000 3.80231380 0.00000000 997.48808913 B-2 0.00000000 0.00000000 3.80231884 0.00000000 997.48808543 B-3 0.00000000 0.00000000 3.80231432 0.00000000 997.48808409 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,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 31,163,822.23 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 31,163,822.23 Withdrawals Reimbursement for Servicer Advances 24,723.44 Payment of Service Fee 126,814.59 Payment of Interest and Principal 31,012,284.20 Total Withdrawals (Pool Distribution Amount) 31,163,822.23 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 126,814.59 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 126,814.59
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 11 0 0 0 11 5,305,583.90 0.00 0.00 0.00 5,305,583.90 60 Days 2 0 0 0 2 833,614.20 0.00 0.00 0.00 833,614.20 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 0 0 0 13 6,139,198.10 0.00 0.00 0.00 6,139,198.10 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 0.844206% 0.000000% 0.000000% 0.000000% 0.844206% 0.951908% 0.000000% 0.000000% 0.000000% 0.951908% 60 Days 0.153492% 0.000000% 0.000000% 0.000000% 0.153492% 0.149564% 0.000000% 0.000000% 0.000000% 0.149564% 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 0.997698% 0.000000% 0.000000% 0.000000% 0.997698% 1.101473% 0.000000% 0.000000% 0.000000% 1.101473%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 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 6 0 0 0 6 2,853,796.24 0.00 0.00 0.00 2,853,796.24 60 Days 1 0 0 0 1 489,892.83 0.00 0.00 0.00 489,892.83 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 7 0 0 0 7 3,343,689.07 0.00 0.00 0.00 3,343,689.07 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.700935% 0.000000% 0.000000% 0.000000% 0.700935% 0.782873% 0.000000% 0.000000% 0.000000% 0.782873% 60 Days 0.116822% 0.000000% 0.000000% 0.000000% 0.116822% 0.134391% 0.000000% 0.000000% 0.000000% 0.134391% 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 0.817757% 0.000000% 0.000000% 0.000000% 0.817757% 0.917264% 0.000000% 0.000000% 0.000000% 0.917264% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 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 4 0 0 0 4 1,801,787.66 0.00 0.00 0.00 1,801,787.66 60 Days 1 0 0 0 1 343,721.37 0.00 0.00 0.00 343,721.37 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 5 0 0 0 5 2,145,509.03 0.00 0.00 0.00 2,145,509.03 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.509434% 0.000000% 0.000000% 0.000000% 1.509434% 1.574709% 0.000000% 0.000000% 0.000000% 1.574709% 60 Days 0.377358% 0.000000% 0.000000% 0.000000% 0.377358% 0.300402% 0.000000% 0.000000% 0.000000% 0.300402% 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 1.886792% 0.000000% 0.000000% 0.000000% 1.886792% 1.875111% 0.000000% 0.000000% 0.000000% 1.875111% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 3 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 4 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 1 0 0 0 1 650,000.00 0.00 0.00 0.00 650,000.00 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 1 0 0 0 1 650,000.00 0.00 0.00 0.00 650,000.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 8.333333% 0.000000% 0.000000% 0.000000% 8.333333% 9.715949% 0.000000% 0.000000% 0.000000% 9.715949% 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 8.333333% 0.000000% 0.000000% 0.000000% 8.333333% 9.715949% 0.000000% 0.000000% 0.000000% 9.715949%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 29,759.05 Class 2A 108,359,974.65 16.54128588% 96,965,332.71 17.40890612% 19.735526% 0.000000% Class 3A 30,425,974.65 4.64456315% 27,951,218.13 5.01828972% 12.390616% 0.000000% Class R-I 21,618,974.65 3.30016356% 21,564,669.67 3.87166526% 0.000000% 0.000000% Class R-II 21,618,974.65 3.30016356% 21,564,669.67 3.87166526% 0.000000% 0.000000% Class R-III 21,618,974.65 3.30016356% 21,564,669.67 3.87166526% 0.000000% 0.000000% Class M-1 11,464,974.65 1.75014274% 11,436,175.63 2.05322152% 1.818444% 0.000000% Class M-2 7,207,974.65 1.10030636% 7,189,868.84 1.29085054% 0.762371% 0.000000% Class M-3 4,260,974.65 0.65044312% 4,250,271.45 0.76308279% 0.527768% 0.000000% Class B-1 2,622,974.65 0.40040037% 2,616,385.96 0.46973920% 0.293344% 0.000000% Class B-2 1,311,974.65 0.20027457% 1,308,679.08 0.23495687% 0.234782% 0.000000% Class B-3 0.00 0.00000000% 0.00 0.00000000% 0.234957% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.01526513% 100,000.00 0.01795374% Fraud 6,550,880.00 1.00000004% 6,550,880.00 1.17612812% Special Hazard 6,550,880.00 1.00000004% 6,550,880.00 1.17612812% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 4.827087% Weighted Average Net Coupon 4.567296% Weighted Average Pass-Through Rate 4.567296% Weighted Average Maturity(Stepdown Calculation ) 353 Beginning Scheduled Collateral Loan Count 1,356 Number Of Loans Paid In Full 53 Ending Scheduled Collateral Loan Count 1,303 Beginning Scheduled Collateral Balance 585,769,733.24 Ending Scheduled Collateral Balance 556,986,935.67 Ending Actual Collateral Balance at 30-Sep-2003 557,362,808.31 Monthly P &I Constant 2,846,024.35 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 556,986,935.67 Scheduled Principal 489,723.14 Unscheduled Principal 28,293,074.43
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.612694 5.188792 5.292962 Weighted Average Net Rate 4.348804 4.937204 5.041962 Weighted Average Maturity 353 353 353 Beginning Loan Count 897 274 172 Loans Paid In Full 41 9 2 Ending Loan Count 856 265 170 Beginning Scheduled Balance 387,646,887.07 118,488,553.24 72,571,406.21 Ending scheduled Balance 364,286,322.49 114,347,738.99 71,666,003.60 Record Date 09/30/2003 09/30/2003 09/30/2003 Principal And Interest Constant 1,808,273.47 607,898.58 391,795.13 Scheduled Principal 318,193.11 95,554.85 71,697.08 Unscheduled Principal 23,042,371.47 4,045,259.40 833,705.53 Scheduled Interest 1,490,080.36 512,343.73 320,098.05 Servicing Fees 85,246.66 24,841.98 15,179.51 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 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 1,404,833.70 487,501.75 304,918.54 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 4.348804 4.937204 5.041962
Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 5.739138 4.827087 Weighted Average Net Rate 5.476395 4.567296 Weighted Average Maturity 351 353 Beginning Loan Count 13 1,356 Loans Paid In Full 1 53 Ending Loan Count 12 1,303 Beginning Scheduled Balance 7,062,886.72 585,769,733.24 Ending scheduled Balance 6,686,870.59 556,986,935.67 Record Date 09/30/2003 09/30/2003 Principal And Interest Constant 38,057.17 2,846,024.35 Scheduled Principal 4,278.10 489,723.14 Unscheduled Principal 371,738.03 28,293,074.43 Scheduled Interest 33,779.07 2,356,301.21 Servicing Fees 1,546.44 126,814.59 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 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 32,232.63 2,229,486.62 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 5.476396 4.567296
Miscellaneous Reporting Group Group 1 Available Funds 24,765,398.28 Group Group 2 Available Funds 4,628,316.00 Group Group 3 Available Funds 1,210,321.15
Miscellaneous Reporting Group Group 4 Available Funds 408,248.76
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