-----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, TxUac4VyVWNK9fb7a3t6u/LChsl6RXNmkyNAuxiWJ3cmVOss/9x56TUzYUS7yUa9 tnLR9p6JmUb4+AZCg5iepA== 0001056404-04-002535.txt : 20040804 0001056404-04-002535.hdr.sgml : 20040804 20040804132923 ACCESSION NUMBER: 0001056404-04-002535 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040725 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040804 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEAR STEARNS ARM TRUST MORT PASS THR CERTS SER 2003-6 CENTRAL INDEX KEY: 0001257807 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: 333-106323-01 FILM NUMBER: 04950919 BUSINESS ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10179 8-K 1 bst03006_jul.txt JULY 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): July 26, 2004 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2003-6 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106323-01 54-2121811 Pooling and Servicing Agreement) (Commission 54-2121812 (State or other File Number) 54-2121813 jurisdiction 54-2121814 of Incorporation) IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On July 26, 2004 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2003-6 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 2003-6 Trust, relating to the July 26, 2004 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. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2003-6 Trust By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 8/3/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-6 Trust, relating to the July 26, 2004 distribution. EX-99.1
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 6/30/2004 Distribution Date: 7/26/2004 BST Series: 2003-6 Contact: Customer Service - CTSLink Wells Fargo Bank, 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-1 07384MWW8 SEN 4.50823% 95,019,985.99 356,976.69 1,681,464.21 I-A-2 07384MWX6 SEN 4.05412% 205,988,733.10 695,918.58 7,107,336.95 I-X-2 07384MWY4 SEN 0.46700% 0.00 80,163.95 0.00 I-A-3 07384MWZ1 SEN 4.65427% 50,537,506.14 196,012.54 3,218,771.98 I-X-3 07384MXA5 SEN 0.20400% 0.00 8,591.38 0.00 II-A-1 07384MXB3 SEN 4.85824% 187,358,914.79 758,528.58 7,529,629.06 R-I 07384MXC1 SEN 0.00000% 0.00 0.00 0.00 R-II 07384MXD9 SEN 4.88391% 0.00 0.00 0.00 R-III 07384MXE7 SEN 4.88391% 0.00 0.00 0.00 R-IV 07384MYN6 SEN 4.88391% 0.00 0.00 0.00 I-B-1 07384MXF4 SUB 4.56176% 5,715,175.20 21,726.03 5,793.07 I-B-2 07384MXG2 SUB 4.56176% 4,082,084.29 15,517.90 4,137.72 I-B-3 07384MXH0 SUB 4.56176% 3,265,885.06 12,415.14 3,310.40 I-B-4 07384MYA4 SUB 4.56176% 1,088,529.43 4,138.01 1,103.37 I-B-5 07384MYB2 SUB 4.56176% 1,088,529.43 4,138.01 1,103.37 I-B-6 07384MYC0 SUB 4.56176% 1,088,774.79 4,138.94 1,103.61 II-B-1 07384MXJ6 SUB 4.85824% 3,978,162.23 16,105.72 2,812.13 II-B-2 07384MXK3 SUB 4.85824% 1,420,772.22 5,752.04 1,004.33 II-B-3 07384MXL1 SUB 4.85824% 994,490.93 4,026.23 703.00 II-B-4 07384MYD8 SUB 4.85824% 426,281.29 1,725.81 301.34 II-B-5 07384MYE6 SUB 4.85824% 426,182.04 1,725.41 301.27 II-B-6 07384MYF3 SUB 4.85824% 426,315.53 1,725.95 301.36 Totals 562,906,322.46 2,189,326.91 19,559,177.17
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 93,338,521.78 2,038,440.90 0.00 I-A-2 0.00 198,881,396.15 7,803,255.53 0.00 I-X-2 0.00 0.00 80,163.95 0.00 I-A-3 0.00 47,318,734.16 3,414,784.52 0.00 I-X-3 0.00 0.00 8,591.38 0.00 II-A-1 0.00 179,829,285.72 8,288,157.64 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 R-IV 0.00 0.00 0.00 0.00 I-B-1 0.00 5,709,382.13 27,519.10 0.00 I-B-2 0.00 4,077,946.57 19,655.62 0.00 I-B-3 0.00 3,262,574.66 15,725.54 0.00 I-B-4 0.00 1,087,426.07 5,241.38 0.00 I-B-5 0.00 1,087,426.07 5,241.38 0.00 I-B-6 0.00 1,087,671.17 5,242.55 0.00 II-B-1 0.00 3,975,350.09 18,917.85 0.00 II-B-2 0.00 1,419,767.89 6,756.37 0.00 II-B-3 0.00 993,787.93 4,729.23 0.00 II-B-4 0.00 425,979.96 2,027.15 0.00 II-B-5 0.00 425,880.78 2,026.68 0.00 II-B-6 0.00 426,014.17 2,027.31 0.00 Totals 0.00 543,347,145.30 21,748,504.08 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-1 164,361,700.00 95,019,985.99 128,279.67 1,553,184.54 0.00 0.00 I-A-2 298,960,900.00 205,988,733.10 185,454.87 6,921,882.08 0.00 0.00 I-X-2 0.00 0.00 0.00 0.00 0.00 0.00 I-A-3 70,399,400.00 50,537,506.14 36,058.20 3,182,713.78 0.00 0.00 I-X-3 0.00 0.00 0.00 0.00 0.00 0.00 II-A-1 278,568,650.00 187,358,914.79 132,442.87 7,397,186.19 0.00 0.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 R-III 50.00 0.00 0.00 0.00 0.00 0.00 R-IV 50.00 0.00 0.00 0.00 0.00 0.00 I-B-1 5,777,500.00 5,715,175.20 5,793.07 0.00 0.00 0.00 I-B-2 4,126,600.00 4,082,084.29 4,137.72 0.00 0.00 0.00 I-B-3 3,301,500.00 3,265,885.06 3,310.40 0.00 0.00 0.00 I-B-4 1,100,400.00 1,088,529.43 1,103.37 0.00 0.00 0.00 I-B-5 1,100,400.00 1,088,529.43 1,103.37 0.00 0.00 0.00 I-B-6 1,100,648.00 1,088,774.79 1,103.61 0.00 0.00 0.00 II-B-1 4,008,200.00 3,978,162.23 2,812.13 0.00 0.00 0.00 II-B-2 1,431,500.00 1,420,772.22 1,004.33 0.00 0.00 0.00 II-B-3 1,002,000.00 994,490.93 703.00 0.00 0.00 0.00 II-B-4 429,500.00 426,281.29 301.34 0.00 0.00 0.00 II-B-5 429,400.00 426,182.04 301.27 0.00 0.00 0.00 II-B-6 429,535.00 426,315.53 301.36 0.00 0.00 0.00 Totals 836,528,033.00 562,906,322.46 504,210.58 19,054,966.59 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-1 1,681,464.21 93,338,521.78 0.56788486 1,681,464.21 I-A-2 7,107,336.95 198,881,396.15 0.66524216 7,107,336.95 I-X-2 0.00 0.00 0.00000000 0.00 I-A-3 3,218,771.98 47,318,734.16 0.67214684 3,218,771.98 I-X-3 0.00 0.00 0.00000000 0.00 II-A-1 7,529,629.06 179,829,285.72 0.64554746 7,529,629.06 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 R-IV 0.00 0.00 0.00000000 0.00 I-B-1 5,793.07 5,709,382.13 0.98820980 5,793.07 I-B-2 4,137.72 4,077,946.57 0.98820980 4,137.72 I-B-3 3,310.40 3,262,574.66 0.98820980 3,310.40 I-B-4 1,103.37 1,087,426.07 0.98820981 1,103.37 I-B-5 1,103.37 1,087,426.07 0.98820981 1,103.37 I-B-6 1,103.61 1,087,671.17 0.98820983 1,103.61 II-B-1 2,812.13 3,975,350.09 0.99180432 2,812.13 II-B-2 1,004.33 1,419,767.89 0.99180432 1,004.33 II-B-3 703.00 993,787.93 0.99180432 703.00 II-B-4 301.34 425,979.96 0.99180433 301.34 II-B-5 301.27 425,880.78 0.99180433 301.27 II-B-6 301.36 426,014.17 0.99180316 301.36 Totals 19,559,177.17 543,347,145.30 0.64952652 19,559,177.17
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 164,361,700.00 578.11513260 0.78047179 9.44979603 0.00000000 I-A-2 298,960,900.00 689.01563081 0.62033152 23.15313501 0.00000000 I-X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 70,399,400.00 717.86842132 0.51219471 45.20938786 0.00000000 I-X-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 278,568,650.00 672.57717187 0.47544069 26.55426657 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-IV 50.00 0.00000000 0.00000000 0.00000000 0.00000000 I-B-1 5,777,500.00 989.21249675 1.00269494 0.00000000 0.00000000 I-B-2 4,126,600.00 989.21249697 1.00269471 0.00000000 0.00000000 I-B-3 3,301,500.00 989.21249735 1.00269574 0.00000000 0.00000000 I-B-4 1,100,400.00 989.21249546 1.00269902 0.00000000 0.00000000 I-B-5 1,100,400.00 989.21249546 1.00269902 0.00000000 0.00000000 I-B-6 1,100,648.00 989.21252753 1.00269114 0.00000000 0.00000000 II-B-1 4,008,200.00 992.50592036 0.70159423 0.00000000 0.00000000 II-B-2 1,431,500.00 992.50591687 0.70159273 0.00000000 0.00000000 II-B-3 1,002,000.00 992.50591816 0.70159681 0.00000000 0.00000000 II-B-4 429,500.00 992.50591385 0.70160652 0.00000000 0.00000000 II-B-5 429,400.00 992.50591523 0.70160689 0.00000000 0.00000000 II-B-6 429,535.00 992.50475514 0.70159591 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-1 0.00000000 10.23026782 567.88486478 0.56788486 10.23026782 I-A-2 0.00000000 23.77346653 665.24216428 0.66524216 23.77346653 I-X-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 0.00000000 45.72158257 672.14683875 0.67214684 45.72158257 I-X-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 27.02970726 645.54746458 0.64554746 27.02970726 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 R-IV 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-B-1 0.00000000 1.00269494 988.20980182 0.98820980 1.00269494 I-B-2 0.00000000 1.00269471 988.20980226 0.98820980 1.00269471 I-B-3 0.00000000 1.00269574 988.20980161 0.98820980 1.00269574 I-B-4 0.00000000 1.00269902 988.20980553 0.98820981 1.00269902 I-B-5 0.00000000 1.00269902 988.20980553 0.98820981 1.00269902 I-B-6 0.00000000 1.00269114 988.20982730 0.98820983 1.00269114 II-B-1 0.00000000 0.70159423 991.80432364 0.99180432 0.70159423 II-B-2 0.00000000 0.70159273 991.80432414 0.99180432 0.70159273 II-B-3 0.00000000 0.70159681 991.80432136 0.99180432 0.70159681 II-B-4 0.00000000 0.70160652 991.80433062 0.99180433 0.70160652 II-B-5 0.00000000 0.70160689 991.80433163 0.99180433 0.70160689 II-B-6 0.00000000 0.70159591 991.80315923 0.99180316 0.70159591 (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-1 164,361,700.00 4.50823% 95,019,985.99 356,976.68 0.00 0.00 I-A-2 298,960,900.00 4.05412% 205,988,733.10 695,918.57 0.00 0.00 I-X-2 0.00 0.46700% 205,988,733.10 80,163.95 0.00 0.00 I-A-3 70,399,400.00 4.65427% 50,537,506.14 196,012.54 0.00 0.00 I-X-3 0.00 0.20400% 50,537,506.14 8,591.38 0.00 0.00 II-A-1 278,568,650.00 4.85824% 187,358,914.79 758,528.59 0.00 0.00 R-I 50.00 0.00000% 0.00 0.00 0.00 0.00 R-II 50.00 4.88391% 0.00 0.00 0.00 0.00 R-III 50.00 4.88391% 0.00 0.00 0.00 0.00 R-IV 50.00 4.88391% 0.00 0.00 0.00 0.00 I-B-1 5,777,500.00 4.56176% 5,715,175.20 21,726.03 0.00 0.00 I-B-2 4,126,600.00 4.56176% 4,082,084.29 15,517.90 0.00 0.00 I-B-3 3,301,500.00 4.56176% 3,265,885.06 12,415.14 0.00 0.00 I-B-4 1,100,400.00 4.56176% 1,088,529.43 4,138.01 0.00 0.00 I-B-5 1,100,400.00 4.56176% 1,088,529.43 4,138.01 0.00 0.00 I-B-6 1,100,648.00 4.56176% 1,088,774.79 4,138.94 0.00 0.00 II-B-1 4,008,200.00 4.85824% 3,978,162.23 16,105.72 0.00 0.00 II-B-2 1,431,500.00 4.85824% 1,420,772.22 5,752.04 0.00 0.00 II-B-3 1,002,000.00 4.85824% 994,490.93 4,026.23 0.00 0.00 II-B-4 429,500.00 4.85824% 426,281.29 1,725.81 0.00 0.00 II-B-5 429,400.00 4.85824% 426,182.04 1,725.41 0.00 0.00 II-B-6 429,535.00 4.85824% 426,315.53 1,725.95 0.00 0.00 Totals 836,528,033.00 2,189,326.90 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-1 0.00 0.00 356,976.69 0.00 93,338,521.78 I-A-2 0.00 0.00 695,918.58 0.00 198,881,396.15 I-X-2 0.00 0.00 80,163.95 0.00 198,881,396.15 I-A-3 0.00 0.00 196,012.54 0.00 47,318,734.16 I-X-3 0.00 0.00 8,591.38 0.00 47,318,734.16 II-A-1 0.00 0.00 758,528.58 0.00 179,829,285.72 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 R-IV 0.00 0.00 0.00 0.00 0.00 I-B-1 0.00 0.00 21,726.03 0.00 5,709,382.13 I-B-2 0.00 0.00 15,517.90 0.00 4,077,946.57 I-B-3 0.00 0.00 12,415.14 0.00 3,262,574.66 I-B-4 0.00 0.00 4,138.01 0.00 1,087,426.07 I-B-5 0.00 0.00 4,138.01 0.00 1,087,426.07 I-B-6 0.00 0.00 4,138.94 0.00 1,087,671.17 II-B-1 0.00 0.00 16,105.72 0.00 3,975,350.09 II-B-2 0.00 0.00 5,752.04 0.00 1,419,767.89 II-B-3 0.00 0.00 4,026.23 0.00 993,787.93 II-B-4 0.00 0.00 1,725.81 0.00 425,979.96 II-B-5 0.00 0.00 1,725.41 0.00 425,880.78 II-B-6 0.00 0.00 1,725.95 0.00 426,014.17 Totals 0.00 0.00 2,189,326.91 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-1 164,361,700.00 4.50823% 578.11513260 2.17189698 0.00000000 0.00000000 I-A-2 298,960,900.00 4.05412% 689.01563081 2.32779126 0.00000000 0.00000000 I-X-2 0.00 0.46700% 689.01563081 0.26814192 0.00000000 0.00000000 I-A-3 70,399,400.00 4.65427% 717.86842132 2.78429276 0.00000000 0.00000000 I-X-3 0.00 0.20400% 717.86842132 0.12203769 0.00000000 0.00000000 II-A-1 278,568,650.00 4.85824% 672.57717187 2.72295030 0.00000000 0.00000000 R-I 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 4.88391% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 4.88391% 0.00000000 0.00000000 0.00000000 0.00000000 R-IV 50.00 4.88391% 0.00000000 0.00000000 0.00000000 0.00000000 I-B-1 5,777,500.00 4.56176% 989.21249675 3.76045521 0.00000000 0.00000000 I-B-2 4,126,600.00 4.56176% 989.21249697 3.76045655 0.00000000 0.00000000 I-B-3 3,301,500.00 4.56176% 989.21249735 3.76045434 0.00000000 0.00000000 I-B-4 1,100,400.00 4.56176% 989.21249546 3.76045983 0.00000000 0.00000000 I-B-5 1,100,400.00 4.56176% 989.21249546 3.76045983 0.00000000 0.00000000 I-B-6 1,100,648.00 4.56176% 989.21252753 3.76045748 0.00000000 0.00000000 II-B-1 4,008,200.00 4.85824% 992.50592036 4.01819270 0.00000000 0.00000000 II-B-2 1,431,500.00 4.85824% 992.50591687 4.01819071 0.00000000 0.00000000 II-B-3 1,002,000.00 4.85824% 992.50591816 4.01819361 0.00000000 0.00000000 II-B-4 429,500.00 4.85824% 992.50591385 4.01818393 0.00000000 0.00000000 II-B-5 429,400.00 4.85824% 992.50591523 4.01818817 0.00000000 0.00000000 II-B-6 429,535.00 4.85824% 992.50475514 4.01818245 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-1 0.00000000 0.00000000 2.17189704 0.00000000 567.88486478 I-A-2 0.00000000 0.00000000 2.32779129 0.00000000 665.24216428 I-X-2 0.00000000 0.00000000 0.26814192 0.00000000 665.24216428 I-A-3 0.00000000 0.00000000 2.78429276 0.00000000 672.14683875 I-X-3 0.00000000 0.00000000 0.12203769 0.00000000 672.14683875 II-A-1 0.00000000 0.00000000 2.72295027 0.00000000 645.54746458 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 R-IV 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-B-1 0.00000000 0.00000000 3.76045521 0.00000000 988.20980182 I-B-2 0.00000000 0.00000000 3.76045655 0.00000000 988.20980226 I-B-3 0.00000000 0.00000000 3.76045434 0.00000000 988.20980161 I-B-4 0.00000000 0.00000000 3.76045983 0.00000000 988.20980553 I-B-5 0.00000000 0.00000000 3.76045983 0.00000000 988.20980553 I-B-6 0.00000000 0.00000000 3.76045748 0.00000000 988.20982730 II-B-1 0.00000000 0.00000000 4.01819270 0.00000000 991.80432364 II-B-2 0.00000000 0.00000000 4.01819071 0.00000000 991.80432414 II-B-3 0.00000000 0.00000000 4.01819361 0.00000000 991.80432136 II-B-4 0.00000000 0.00000000 4.01818393 0.00000000 991.80433062 II-B-5 0.00000000 0.00000000 4.01818817 0.00000000 991.80433163 II-B-6 0.00000000 0.00000000 4.01818245 0.00000000 991.80315923 (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 21,898,271.04 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 23,580.63 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 21,921,851.67 Withdrawals Reimbursement for Servicer Advances 15,352.21 Payment of Service Fee 157,995.38 Payment of Interest and Principal 21,748,504.08 Total Withdrawals (Pool Distribution Amount) 21,921,851.67 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 149,246.61 Miscellaneous Fee 1,463.18 Special Servicing fees 7,285.59 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 157,995.38
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 10 0 0 0 10 4,692,859.06 0.00 0.00 0.00 4,692,859.06 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 1 0 0 1 0.00 389,500.00 0.00 0.00 389,500.00 Totals 10 1 0 0 11 4,692,859.06 389,500.00 0.00 0.00 5,082,359.06 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 0.857633% 0.000000% 0.000000% 0.000000% 0.857633% 0.863090% 0.000000% 0.000000% 0.000000% 0.863090% 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% 0.085763% 0.000000% 0.000000% 0.085763% 0.000000% 0.071635% 0.000000% 0.000000% 0.071635% Totals 0.857633% 0.085763% 0.000000% 0.000000% 0.943396% 0.863090% 0.071635% 0.000000% 0.000000% 0.934725%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I-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 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 I-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 5 0 0 0 5 2,410,860.85 0.00 0.00 0.00 2,410,860.85 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 1 0 0 1 0.00 389,500.00 0.00 0.00 389,500.00 Totals 5 1 0 0 6 2,410,860.85 389,500.00 0.00 0.00 2,800,360.85 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.136364% 0.000000% 0.000000% 0.000000% 1.136364% 1.158070% 0.000000% 0.000000% 0.000000% 1.158070% 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% 0.227273% 0.000000% 0.000000% 0.227273% 0.000000% 0.187098% 0.000000% 0.000000% 0.187098% Totals 1.136364% 0.227273% 0.000000% 0.000000% 1.363636% 1.158070% 0.187098% 0.000000% 0.000000% 1.345168% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I-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 3 0 0 0 3 1,283,988.80 0.00 0.00 0.00 1,283,988.80 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 3 0 0 0 3 1,283,988.80 0.00 0.00 0.00 1,283,988.80 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.727273% 0.000000% 0.000000% 0.000000% 2.727273% 2.593540% 0.000000% 0.000000% 0.000000% 2.593540% 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 2.727273% 0.000000% 0.000000% 0.000000% 2.727273% 2.593540% 0.000000% 0.000000% 0.000000% 2.593540% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II 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 2 998,009.41 0.00 0.00 0.00 998,009.41 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 2 998,009.41 0.00 0.00 0.00 998,009.41 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.480769% 0.000000% 0.000000% 0.000000% 0.480769% 0.532002% 0.000000% 0.000000% 0.000000% 0.532002% 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 0.480769% 0.000000% 0.000000% 0.000000% 0.480769% 0.532002% 0.000000% 0.000000% 0.000000% 0.532002%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 23,580.63
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.005550% Weighted Average Net Coupon 4.687387% Weighted Average Pass-Through Rate 4.668736% Weighted Average Maturity(Stepdown Calculation ) 347 Beginning Scheduled Collateral Loan Count 1,204 Number Of Loans Paid In Full 38 Ending Scheduled Collateral Loan Count 1,166 Beginning Scheduled Collateral Balance 562,906,321.98 Ending Scheduled Collateral Balance 543,347,144.81 Ending Actual Collateral Balance at 30-Jun-2004 543,727,769.26 Monthly P &I Constant 2,852,257.05 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 543,347,144.81 Scheduled Principal 504,210.58 Unscheduled Principal 19,054,966.59
Miscellaneous Reporting Group I-1 Senior Percent 94.989877% Group I-2 Senior Percent 95.743634% Group I-3 Senior Percent 95.901425% Group II Senior Percent 96.066169% Group I-1 Senior Prepayment Percent 100.000000% Group I-2 Senior Prepayment Percent 100.000000% Group I-3 Senior Prepayment Percent 100.000000% Group II Senior Prepayment Percent 100.000000% Group I-1 Subordinate Percent 5.010123% Group I-2 Subordinate Percent 4.256366% Group I-3 Subordinate Percent 4.098575% Group II Subordinate Percent 3.933831% Group I-1 Subordinate Prepayment Percent 0.000000% Group I-2 Subordinate Prepayment Percent 0.000000% Group I-3 Subordinate Prepayment Percent 0.000000% Group II Subordinate Prepayment Percent 0.000000% Average loss serverity Group I-1 0.000000% Average loss serverity Group I-2 0.000000% Average loss serverity Group I-3 0.000000% Average loss serverity Group II 0.000000%
Group Level Collateral Statement Group Group I-1 Group I-2 Group I-3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.891474 4.797410 5.233267 Weighted Average Net Rate 4.516474 4.569914 4.858267 Weighted Average Maturity 346 347 346 Beginning Loan Count 203 456 116 Loans Paid In Full 3 16 6 Ending Loan Count 200 440 110 Beginning Scheduled Balance 100,031,702.22 215,146,151.44 52,697,349.28 Ending scheduled Balance 98,343,472.06 208,030,569.93 49,477,036.27 Record Date 06/30/2004 06/30/2004 06/30/2004 Principal And Interest Constant 542,797.72 1,053,819.73 267,415.31 Scheduled Principal 135,045.62 193,699.43 37,599.23 Unscheduled Principal 1,553,184.54 6,921,882.08 3,182,713.78 Scheduled Interest 407,752.10 860,120.30 229,816.08 Servicing Fees 31,259.91 40,787.52 16,467.92 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 8,748.77 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 376,492.19 810,584.01 213,348.16 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.516474 4.521116 4.858267
Group Level Collateral Statement Group Group II Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.232137 5.005550 Weighted Average Net Rate 4.858466 4.687387 Weighted Average Maturity 346 347 Beginning Loan Count 429 1,204 Loans Paid In Full 13 38 Ending Loan Count 416 1,166 Beginning Scheduled Balance 195,031,119.04 562,906,321.98 Ending scheduled Balance 187,496,066.55 543,347,144.81 Record Date 06/30/2004 06/30/2004 Principal And Interest Constant 988,224.29 2,852,257.05 Scheduled Principal 137,866.30 504,210.58 Unscheduled Principal 7,397,186.19 19,054,966.59 Scheduled Interest 850,357.99 2,348,046.47 Servicing Fees 60,731.26 149,246.61 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 8,748.77 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 789,626.73 2,190,051.09 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 4.858466 4.668736
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