-----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, KpiO3aFbeMzGpilJuwVK1N4294GYv/7CZbphb9u8BsQsG+qpR1SMYqplbi7gyWEp eefohqBLW1kRJQx9N6ke/A== 0001056404-05-000232.txt : 20050105 0001056404-05-000232.hdr.sgml : 20050105 20050105091749 ACCESSION NUMBER: 0001056404-05-000232 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041227 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050105 DATE AS OF CHANGE: 20050105 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] IRS NUMBER: 000000000 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: 05510482 BUSINESS ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10179 8-K 1 bst03006_dec.txt DECEMBER 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): December 27, 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 Pooling and Servicing Agreement) (Commission 54-2121811 (State or other File Number) 54-2121812 jurisdiction 54-2121813 of Incorporation) 54-2121814 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) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On December 27, 2004 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2003-6 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-6 Trust, relating to the December 27, 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 (Registrant) 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: 12/30/2004 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 December 27, 2004 distribution. EX-99.1
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 11/30/2004 Distribution Date: 12/27/2004 Bear Stearns ARM Trust Mortgage Pass-Through Certificates 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 4.50652% 83,225,300.44 312,547.18 932,118.58 I-A-2 07384MWX6 SEN 4.02631% 173,698,275.57 582,803.08 4,863,733.80 I-X-2 07384MWY4 SEN 0.46700% 0.00 67,597.58 0.00 I-A-3 07384MWZ1 SEN 4.62879% 40,761,491.29 157,230.33 640,477.49 I-X-3 07384MXA5 SEN 0.20400% 0.00 6,929.45 0.00 II-A-1 07384MXB3 SEN 4.85012% 165,787,922.58 670,076.04 4,018,568.97 R-I 07384MXC1 SEN 0.00000% 0.00 0.00 0.00 R-II 07384MXD9 SEN 4.88406% 0.00 0.00 0.00 R-III 07384MXE7 SEN 4.88406% 0.00 0.00 0.00 R-IV 07384MYN6 SEN 4.88406% 0.00 0.00 0.00 I-B-1 07384MXF4 SUB 4.54233% 5,685,741.23 21,522.10 6,000.09 I-B-2 07384MXG2 SUB 4.54233% 4,061,060.97 15,372.24 4,285.59 I-B-3 07384MXH0 SUB 4.54233% 3,249,065.28 12,298.61 3,428.70 I-B-4 07384MYA4 SUB 4.54233% 1,082,923.35 4,099.16 1,142.79 I-B-5 07384MYB2 SUB 4.54233% 1,082,923.35 4,099.16 1,142.79 I-B-6 07384MYC0 SUB 4.54233% 1,083,167.45 4,100.09 1,143.05 II-B-1 07384MXJ6 SUB 4.85012% 3,963,799.30 16,020.75 2,945.97 II-B-2 07384MXK3 SUB 4.85012% 1,415,642.61 5,721.70 1,052.13 II-B-3 07384MXL1 SUB 4.85012% 990,900.38 4,004.99 736.45 II-B-4 07384MYD8 SUB 4.85012% 424,742.23 1,716.71 315.68 II-B-5 07384MYE6 SUB 4.85012% 424,643.34 1,716.31 315.60 II-B-6 07384MYF3 SUB 4.85012% 424,776.35 1,716.85 315.70 Totals 487,362,375.72 1,889,572.33 10,477,723.38
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 82,293,181.86 1,244,665.76 0.00 I-A-2 0.00 168,834,541.77 5,446,536.88 0.00 I-X-2 0.00 0.00 67,597.58 0.00 I-A-3 0.00 40,121,013.80 797,707.82 0.00 I-X-3 0.00 0.00 6,929.45 0.00 II-A-1 0.00 161,769,353.61 4,688,645.01 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 5,679,741.14 27,522.19 0.00 I-B-2 0.00 4,056,775.38 19,657.83 0.00 I-B-3 0.00 3,245,636.59 15,727.31 0.00 I-B-4 0.00 1,081,780.55 5,241.95 0.00 I-B-5 0.00 1,081,780.55 5,241.95 0.00 I-B-6 0.00 1,082,024.40 5,243.14 0.00 II-B-1 0.00 3,960,853.34 18,966.72 0.00 II-B-2 0.00 1,414,590.48 6,773.83 0.00 II-B-3 0.00 990,163.92 4,741.44 0.00 II-B-4 0.00 424,426.55 2,032.39 0.00 II-B-5 0.00 424,327.73 2,031.91 0.00 II-B-6 0.00 424,460.64 2,032.55 0.00 Totals 0.00 476,884,652.31 12,367,295.71 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 83,225,300.44 114,573.99 817,544.59 0.00 0.00 I-A-2 298,960,900.00 173,698,275.57 165,416.86 4,698,316.94 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 40,761,491.29 30,490.74 609,986.75 0.00 0.00 I-X-3 0.00 0.00 0.00 0.00 0.00 0.00 II-A-1 278,568,650.00 165,787,922.58 123,216.69 3,895,352.28 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 5,685,741.23 6,000.09 0.00 0.00 0.00 I-B-2 4,126,600.00 4,061,060.97 4,285.59 0.00 0.00 0.00 I-B-3 3,301,500.00 3,249,065.28 3,428.70 0.00 0.00 0.00 I-B-4 1,100,400.00 1,082,923.35 1,142.79 0.00 0.00 0.00 I-B-5 1,100,400.00 1,082,923.35 1,142.79 0.00 0.00 0.00 I-B-6 1,100,648.00 1,083,167.45 1,143.05 0.00 0.00 0.00 II-B-1 4,008,200.00 3,963,799.30 2,945.97 0.00 0.00 0.00 II-B-2 1,431,500.00 1,415,642.61 1,052.13 0.00 0.00 0.00 II-B-3 1,002,000.00 990,900.38 736.45 0.00 0.00 0.00 II-B-4 429,500.00 424,742.23 315.68 0.00 0.00 0.00 II-B-5 429,400.00 424,643.34 315.60 0.00 0.00 0.00 II-B-6 429,535.00 424,776.35 315.70 0.00 0.00 0.00 Totals 836,528,033.00 487,362,375.72 456,522.82 10,021,200.56 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-1 932,118.58 82,293,181.86 0.50068344 932,118.58 I-A-2 4,863,733.80 168,834,541.77 0.56473787 4,863,733.80 I-X-2 0.00 0.00 0.00000000 0.00 I-A-3 640,477.49 40,121,013.80 0.56990562 640,477.49 I-X-3 0.00 0.00 0.00000000 0.00 II-A-1 4,018,568.97 161,769,353.61 0.58071629 4,018,568.97 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 6,000.09 5,679,741.14 0.98307938 6,000.09 I-B-2 4,285.59 4,056,775.38 0.98307938 4,285.59 I-B-3 3,428.70 3,245,636.59 0.98307939 3,428.70 I-B-4 1,142.79 1,081,780.55 0.98307938 1,142.79 I-B-5 1,142.79 1,081,780.55 0.98307938 1,142.79 I-B-6 1,143.05 1,082,024.40 0.98307942 1,143.05 II-B-1 2,945.97 3,960,853.34 0.98818755 2,945.97 II-B-2 1,052.13 1,414,590.48 0.98818755 1,052.13 II-B-3 736.45 990,163.92 0.98818754 736.45 II-B-4 315.68 424,426.55 0.98818754 315.68 II-B-5 315.60 424,327.73 0.98818754 315.60 II-B-6 315.70 424,460.64 0.98818639 315.70 Totals 10,477,723.38 476,884,652.31 0.57007612 10,477,723.38
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 164,361,700.00 506.35458528 0.69708448 4.97405776 0.00000000 I-A-2 298,960,900.00 581.00666532 0.55330600 15.71548968 0.00000000 I-X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 70,399,400.00 579.00339051 0.43311079 8.66465836 0.00000000 I-X-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 278,568,650.00 595.14206850 0.44232073 13.98345535 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 5,777,500.00 984.11791086 1.03852704 0.00000000 0.00000000 I-B-2 4,126,600.00 984.11791063 1.03852809 0.00000000 0.00000000 I-B-3 3,301,500.00 984.11791004 1.03852794 0.00000000 0.00000000 I-B-4 1,100,400.00 984.11791167 1.03852236 0.00000000 0.00000000 I-B-5 1,100,400.00 984.11791167 1.03852236 0.00000000 0.00000000 I-B-6 1,100,648.00 984.11794688 1.03852458 0.00000000 0.00000000 II-B-1 4,008,200.00 988.92253381 0.73498578 0.00000000 0.00000000 II-B-2 1,431,500.00 988.92253580 0.73498428 0.00000000 0.00000000 II-B-3 1,002,000.00 988.92253493 0.73498004 0.00000000 0.00000000 II-B-4 429,500.00 988.92253783 0.73499418 0.00000000 0.00000000 II-B-5 429,400.00 988.92254308 0.73497904 0.00000000 0.00000000 II-B-6 429,535.00 988.92139174 0.73498085 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 5.67114224 500.68344304 0.50068344 5.67114224 I-A-2 0.00000000 16.26879569 564.73786963 0.56473787 16.26879569 I-X-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 0.00000000 9.09776916 569.90562135 0.56990562 9.09776916 I-X-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 14.42577609 580.71629241 0.58071629 14.42577609 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 1.03852704 983.07938382 0.98307938 1.03852704 I-B-2 0.00000000 1.03852809 983.07938254 0.98307938 1.03852809 I-B-3 0.00000000 1.03852794 983.07938513 0.98307939 1.03852794 I-B-4 0.00000000 1.03852236 983.07938023 0.98307938 1.03852236 I-B-5 0.00000000 1.03852236 983.07938023 0.98307938 1.03852236 I-B-6 0.00000000 1.03852458 983.07942230 0.98307942 1.03852458 II-B-1 0.00000000 0.73498578 988.18755052 0.98818755 0.73498578 II-B-2 0.00000000 0.73498428 988.18755152 0.98818755 0.73498428 II-B-3 0.00000000 0.73498004 988.18754491 0.98818754 0.73498004 II-B-4 0.00000000 0.73499418 988.18754366 0.98818754 0.73499418 II-B-5 0.00000000 0.73497904 988.18754075 0.98818754 0.73497904 II-B-6 0.00000000 0.73498085 988.18638761 0.98818639 0.73498085 (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 4.50652% 83,225,300.44 312,547.17 0.00 0.00 I-A-2 298,960,900.00 4.02631% 173,698,275.57 582,803.08 0.00 0.00 I-X-2 0.00 0.46700% 173,698,275.57 67,597.58 0.00 0.00 I-A-3 70,399,400.00 4.62879% 40,761,491.29 157,230.33 0.00 0.00 I-X-3 0.00 0.20400% 40,761,491.29 6,929.45 0.00 0.00 II-A-1 278,568,650.00 4.85012% 165,787,922.58 670,076.05 0.00 0.00 R-I 50.00 0.00000% 0.00 0.00 0.00 0.00 R-II 50.00 4.88406% 0.00 0.00 0.00 0.00 R-III 50.00 4.88406% 0.00 0.00 0.00 0.00 R-IV 50.00 4.88406% 0.00 0.00 0.00 0.00 I-B-1 5,777,500.00 4.54233% 5,685,741.23 21,522.10 0.00 0.00 I-B-2 4,126,600.00 4.54233% 4,061,060.97 15,372.24 0.00 0.00 I-B-3 3,301,500.00 4.54233% 3,249,065.28 12,298.61 0.00 0.00 I-B-4 1,100,400.00 4.54233% 1,082,923.35 4,099.16 0.00 0.00 I-B-5 1,100,400.00 4.54233% 1,082,923.35 4,099.16 0.00 0.00 I-B-6 1,100,648.00 4.54233% 1,083,167.45 4,100.09 0.00 0.00 II-B-1 4,008,200.00 4.85012% 3,963,799.30 16,020.75 0.00 0.00 II-B-2 1,431,500.00 4.85012% 1,415,642.61 5,721.70 0.00 0.00 II-B-3 1,002,000.00 4.85012% 990,900.38 4,004.99 0.00 0.00 II-B-4 429,500.00 4.85012% 424,742.23 1,716.71 0.00 0.00 II-B-5 429,400.00 4.85012% 424,643.34 1,716.31 0.00 0.00 II-B-6 429,535.00 4.85012% 424,776.35 1,716.85 0.00 0.00 Totals 836,528,033.00 1,889,572.33 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 0.00 312,547.18 0.00 82,293,181.86 I-A-2 (0.01) 0.00 582,803.08 0.00 168,834,541.77 I-X-2 0.00 0.00 67,597.58 0.00 168,834,541.77 I-A-3 0.00 0.00 157,230.33 0.00 40,121,013.80 I-X-3 0.00 0.00 6,929.45 0.00 40,121,013.80 II-A-1 0.01 0.00 670,076.04 0.00 161,769,353.61 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 21,522.10 0.00 5,679,741.14 I-B-2 0.00 0.00 15,372.24 0.00 4,056,775.38 I-B-3 0.00 0.00 12,298.61 0.00 3,245,636.59 I-B-4 0.00 0.00 4,099.16 0.00 1,081,780.55 I-B-5 0.00 0.00 4,099.16 0.00 1,081,780.55 I-B-6 0.00 0.00 4,100.09 0.00 1,082,024.40 II-B-1 0.00 0.00 16,020.75 0.00 3,960,853.34 II-B-2 0.00 0.00 5,721.70 0.00 1,414,590.48 II-B-3 0.00 0.00 4,004.99 0.00 990,163.92 II-B-4 0.00 0.00 1,716.71 0.00 424,426.55 II-B-5 0.00 0.00 1,716.31 0.00 424,327.73 II-B-6 0.00 0.00 1,716.85 0.00 424,460.64 Totals 0.00 0.00 1,889,572.33 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 4.50652% 506.35458528 1.90158151 0.00000000 0.00000000 I-A-2 298,960,900.00 4.02631% 581.00666532 1.94942911 0.00000000 0.00000000 I-X-2 0.00 0.46700% 581.00666532 0.22610843 0.00000000 0.00000000 I-A-3 70,399,400.00 4.62879% 579.00339051 2.23340440 0.00000000 0.00000000 I-X-3 0.00 0.20400% 579.00339051 0.09843053 0.00000000 0.00000000 II-A-1 278,568,650.00 4.85012% 595.14206850 2.40542520 0.00000000 0.00000000 R-I 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 4.88406% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 4.88406% 0.00000000 0.00000000 0.00000000 0.00000000 R-IV 50.00 4.88406% 0.00000000 0.00000000 0.00000000 0.00000000 I-B-1 5,777,500.00 4.54233% 984.11791086 3.72515794 0.00000000 0.00000000 I-B-2 4,126,600.00 4.54233% 984.11791063 3.72515873 0.00000000 0.00000000 I-B-3 3,301,500.00 4.54233% 984.11791004 3.72515826 0.00000000 0.00000000 I-B-4 1,100,400.00 4.54233% 984.11791167 3.72515449 0.00000000 0.00000000 I-B-5 1,100,400.00 4.54233% 984.11791167 3.72515449 0.00000000 0.00000000 I-B-6 1,100,648.00 4.54233% 984.11794688 3.72516009 0.00000000 0.00000000 II-B-1 4,008,200.00 4.85012% 988.92253381 3.99699366 0.00000000 0.00000000 II-B-2 1,431,500.00 4.85012% 988.92253580 3.99699616 0.00000000 0.00000000 II-B-3 1,002,000.00 4.85012% 988.92253493 3.99699601 0.00000000 0.00000000 II-B-4 429,500.00 4.85012% 988.92253783 3.99699651 0.00000000 0.00000000 II-B-5 429,400.00 4.85012% 988.92254308 3.99699581 0.00000000 0.00000000 II-B-6 429,535.00 4.85012% 988.92139174 3.99699675 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 1.90158157 0.00000000 500.68344304 I-A-2 (0.00000003) 0.00000000 1.94942911 0.00000000 564.73786963 I-X-2 0.00000000 0.00000000 0.22610843 0.00000000 564.73786963 I-A-3 0.00000000 0.00000000 2.23340440 0.00000000 569.90562135 I-X-3 0.00000000 0.00000000 0.09843053 0.00000000 569.90562135 II-A-1 0.00000004 0.00000000 2.40542516 0.00000000 580.71629241 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 3.72515794 0.00000000 983.07938382 I-B-2 0.00000000 0.00000000 3.72515873 0.00000000 983.07938254 I-B-3 0.00000000 0.00000000 3.72515826 0.00000000 983.07938513 I-B-4 0.00000000 0.00000000 3.72515449 0.00000000 983.07938023 I-B-5 0.00000000 0.00000000 3.72515449 0.00000000 983.07938023 I-B-6 0.00000000 0.00000000 3.72516009 0.00000000 983.07942230 II-B-1 0.00000000 0.00000000 3.99699366 0.00000000 988.18755052 II-B-2 0.00000000 0.00000000 3.99699616 0.00000000 988.18755152 II-B-3 0.00000000 0.00000000 3.99699601 0.00000000 988.18754491 II-B-4 0.00000000 0.00000000 3.99699651 0.00000000 988.18754366 II-B-5 0.00000000 0.00000000 3.99699581 0.00000000 988.18754075 II-B-6 0.00000000 0.00000000 3.99699675 0.00000000 988.18638761 (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 12,499,780.17 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 26,205.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 12,525,985.17 Withdrawals Reimbursement for Servicer Advances 21,737.72 Payment of Service Fee 136,951.73 Payment of Interest and Principal 12,367,295.72 Total Withdrawals (Pool Distribution Amount) 12,525,985.17 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 129,332.22 Miscellaneous Fee 919.91 Special Servicing fees 6,699.60 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 136,951.73
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 7 0 0 0 7 3,055,855.42 0.00 0.00 0.00 3,055,855.42 60 Days 3 0 0 0 3 1,360,802.93 0.00 0.00 0.00 1,360,802.93 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 1 0 0 0 1 393,219.41 0.00 0.00 0.00 393,219.41 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 1 0 1 0.00 0.00 389,500.00 0.00 389,500.00 Totals 11 0 1 0 12 4,809,877.76 0.00 389,500.00 0.00 5,199,377.76 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 0.671785% 0.000000% 0.000000% 0.000000% 0.671785% 0.640315% 0.000000% 0.000000% 0.000000% 0.640315% 60 Days 0.287908% 0.000000% 0.000000% 0.000000% 0.287908% 0.285139% 0.000000% 0.000000% 0.000000% 0.285139% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.095969% 0.000000% 0.000000% 0.000000% 0.095969% 0.082394% 0.000000% 0.000000% 0.000000% 0.082394% 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% 0.095969% 0.000000% 0.095969% 0.000000% 0.000000% 0.081615% 0.000000% 0.081615% Totals 1.055662% 0.000000% 0.095969% 0.000000% 1.151631% 1.007847% 0.000000% 0.081615% 0.000000% 1.089462%
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 2 0 0 0 2 975,918.63 0.00 0.00 0.00 975,918.63 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 2 975,918.63 0.00 0.00 0.00 975,918.63 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.104972% 0.000000% 0.000000% 0.000000% 1.104972% 1.117043% 0.000000% 0.000000% 0.000000% 1.117043% 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 1.104972% 0.000000% 0.000000% 0.000000% 1.104972% 1.117043% 0.000000% 0.000000% 0.000000% 1.117043% 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 3 0 0 0 3 759,254.55 0.00 0.00 0.00 759,254.55 60 Days 1 0 0 0 1 589,111.90 0.00 0.00 0.00 589,111.90 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 1 0 0 0 1 393,219.41 0.00 0.00 0.00 393,219.41 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 1 0 1 0.00 0.00 389,500.00 0.00 389,500.00 Totals 5 0 1 0 6 1,741,585.86 0.00 389,500.00 0.00 2,131,085.86 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.775194% 0.000000% 0.000000% 0.000000% 0.775194% 0.426370% 0.000000% 0.000000% 0.000000% 0.426370% 60 Days 0.258398% 0.000000% 0.000000% 0.000000% 0.258398% 0.330824% 0.000000% 0.000000% 0.000000% 0.330824% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.258398% 0.000000% 0.000000% 0.000000% 0.258398% 0.220818% 0.000000% 0.000000% 0.000000% 0.220818% 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% 0.258398% 0.000000% 0.258398% 0.000000% 0.000000% 0.218729% 0.000000% 0.218729% Totals 1.291990% 0.000000% 0.258398% 0.000000% 1.550388% 0.978012% 0.000000% 0.218729% 0.000000% 1.196742% 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 1 0 0 0 1 599,871.90 0.00 0.00 0.00 599,871.90 60 Days 2 0 0 0 2 771,691.03 0.00 0.00 0.00 771,691.03 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 1,371,562.93 0.00 0.00 0.00 1,371,562.93 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.020408% 0.000000% 0.000000% 0.000000% 1.020408% 1.418094% 0.000000% 0.000000% 0.000000% 1.418094% 60 Days 2.040816% 0.000000% 0.000000% 0.000000% 2.040816% 1.824274% 0.000000% 0.000000% 0.000000% 1.824274% 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 3.061224% 0.000000% 0.000000% 0.000000% 3.061224% 3.242368% 0.000000% 0.000000% 0.000000% 3.242368% 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 1 0 0 0 1 720,810.34 0.00 0.00 0.00 720,810.34 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 1 720,810.34 0.00 0.00 0.00 720,810.34 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.265957% 0.000000% 0.000000% 0.000000% 0.265957% 0.425254% 0.000000% 0.000000% 0.000000% 0.425254% 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 0.265957% 0.000000% 0.000000% 0.000000% 0.265957% 0.425254% 0.000000% 0.000000% 0.000000% 0.425254%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 26,205.00
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.989776% Weighted Average Net Coupon 4.671330% Weighted Average Pass-Through Rate 4.652568% Weighted Average Maturity(Stepdown Calculation ) 342 Beginning Scheduled Collateral Loan Count 1,062 Number Of Loans Paid In Full 20 Ending Scheduled Collateral Loan Count 1,042 Beginning Scheduled Collateral Balance 487,362,375.21 Ending Scheduled Collateral Balance 476,884,651.83 Ending Actual Collateral Balance at 30-Nov-2004 477,242,713.51 Monthly P &I Constant 2,483,046.91 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 476,884,651.83 Scheduled Principal 456,522.82 Unscheduled Principal 10,021,200.56
Miscellaneous Reporting Group I-1 Senior Percent 94.356504% Group I-2 Senior Percent 95.013974% Group I-3 Senior Percent 94.985248% Group II Senior Percent 95.592234% 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 5.643496% Group I-2 Subordinate Percent 4.986026% Group I-3 Subordinate Percent 5.014752% Group II Subordinate Percent 4.407766% 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 4.881522 4.768667 5.207790 Weighted Average Net Rate 4.506522 4.543329 4.832791 Weighted Average Maturity 341 342 341 Beginning Loan Count 182 398 99 Loans Paid In Full 1 11 1 Ending Loan Count 181 387 98 Beginning Scheduled Balance 88,203,040.06 182,813,409.17 42,913,499.20 Ending scheduled Balance 87,264,068.77 177,940,994.83 42,271,411.95 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 480,230.90 900,577.64 218,337.59 Scheduled Principal 121,426.70 174,097.40 32,100.50 Unscheduled Principal 817,544.59 4,698,316.94 609,986.75 Scheduled Interest 358,804.20 726,480.24 186,237.09 Servicing Fees 27,563.45 34,329.09 13,410.46 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 7,619.51 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 331,240.75 684,531.64 172,826.63 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 4.506522 4.493313 4.832790
Group Level Collateral Statement Group Group II Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.223954 4.989776 Weighted Average Net Rate 4.850120 4.671330 Weighted Average Maturity 341 342 Beginning Loan Count 383 1,062 Loans Paid In Full 7 20 Ending Loan Count 376 1,042 Beginning Scheduled Balance 173,432,426.78 487,362,375.21 Ending scheduled Balance 169,408,176.28 476,884,651.83 Record Date 11/30/2004 11/30/2004 Principal And Interest Constant 883,900.78 2,483,046.91 Scheduled Principal 128,898.22 456,522.82 Unscheduled Principal 3,895,352.28 10,021,200.56 Scheduled Interest 755,002.56 2,026,524.09 Servicing Fees 54,029.22 129,332.22 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 7,619.51 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 700,973.34 1,889,572.36 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 4.850120 4.652568
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