-----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, IkL2Mby95b5XchSRegEmOwX545XOoGHc0KK3iJvHy4RdcsIj3xWPbuPXmP+kBWNC b6N+69MgYYqbkIXFK/8H9g== 0001056404-04-003166.txt : 20040929 0001056404-04-003166.hdr.sgml : 20040929 20040929095215 ACCESSION NUMBER: 0001056404-04-003166 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040925 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040929 DATE AS OF CHANGE: 20040929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANC OF AMERICA MORTGAGE SECURITIES SERIES 2003 I CENTRAL INDEX KEY: 0001264576 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: 333-105940-10 FILM NUMBER: 041051326 BUSINESS ADDRESS: STREET 1: 201 NORTH TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 8-K 1 bam0300i_sep.txt SEPTEMBER 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 27, 2004 BANC OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2003-I Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-105940-10 54-2126355 Pooling and Servicing Agreement) (Commission 54-2126356 (State or other File Number) 54-2126357 jurisdiction IRS EIN of Incorporation) 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 September 27, 2004 a distribution was made to holders of BANC OF AMERICA MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2003-I 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-I Trust, relating to the September 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. BANC OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2003-I Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/28/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-I Trust, relating to the September 27, 2004 distribution. EX-99.1
Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 8/31/2004 Distribution Date: 9/27/2004 BAM Series: 2003-I 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 1-A-1 05948XUT6 SEN 3.31191% 149,622,469.26 412,946.70 6,057,268.73 1-A-R 05948XUU3 SEN 3.30817% 0.00 0.00 0.00 1-A-MR 05948XUV1 SEN 3.30817% 0.00 0.00 0.00 1-A-LR 05948XUW9 SEN 3.30817% 0.00 0.00 0.00 2-A-1 05948XUX7 SEN 1.58300% 0.00 0.00 0.00 2-A-2 05948XUY5 SEN 3.64700% 59,115,839.03 179,662.89 14,668,507.21 2-A-3 05948XUZ2 SEN 3.33500% 63,157,000.00 175,523.83 0.00 2-A-4 05948XVA6 SEN 3.82800% 89,485,000.00 285,457.15 0.00 2-A-5 05948XVB4 SEN 4.20980% 86,608,000.00 303,835.22 0.00 2-A-6 05948XVC2 SEN 4.20980% 230,070,000.00 807,123.70 0.00 2-A-7 05948XVD0 SEN 3.75700% 50,000,000.00 156,541.67 0.00 2-A-IO 05948XVE8 IO 0.55519% 0.00 121,104.37 0.00 3-A-1 05948XVF5 SEN 4.54638% 146,861,503.67 556,406.60 2,722,578.45 B-1 05948XVG3 SUB 4.05559% 14,984,686.27 50,643.15 18,949.00 B-2 05948XVH1 SUB 4.05559% 7,192,807.32 24,309.25 9,095.72 B-3 05948XVJ7 SUB 4.05559% 4,794,546.92 16,203.94 6,062.98 B-4 05948XVK4 SUB 4.05559% 1,798,201.83 6,077.31 2,273.93 B-5 05948XVL2 SUB 4.05559% 1,798,201.83 6,077.31 2,273.93 B-6 05948XVM0 SUB 4.05559% 2,397,878.45 8,104.01 3,032.26 SES 05948XVN8 SEN 0.00000% 0.00 174,222.09 0.00 1-IO 05948XVP3 IO 0.44500% 0.00 58,243.39 0.00 Totals 907,886,134.58 3,342,482.58 23,490,042.21
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 143,565,200.54 6,470,215.43 0.00 1-A-R 0.00 0.00 0.00 0.00 1-A-MR 0.00 0.00 0.00 0.00 1-A-LR 0.00 0.00 0.00 0.00 2-A-1 0.00 0.00 0.00 0.00 2-A-2 0.00 44,447,331.82 14,848,170.10 0.00 2-A-3 0.00 63,157,000.00 175,523.83 0.00 2-A-4 0.00 89,485,000.00 285,457.15 0.00 2-A-5 0.00 86,608,000.00 303,835.22 0.00 2-A-6 0.00 230,070,000.00 807,123.70 0.00 2-A-7 0.00 50,000,000.00 156,541.67 0.00 2-A-IO 0.00 0.00 121,104.37 0.00 3-A-1 0.00 144,138,925.22 3,278,985.05 0.00 B-1 0.00 14,965,737.27 69,592.15 0.00 B-2 0.00 7,183,711.60 33,404.97 0.00 B-3 0.00 4,788,483.94 22,266.92 0.00 B-4 0.00 1,795,927.90 8,351.24 0.00 B-5 0.00 1,795,927.90 8,351.24 0.00 B-6 0.00 2,394,846.20 11,136.27 0.00 SES 0.00 0.00 174,222.09 0.00 1-IO 0.00 0.00 58,243.39 0.00 Totals 0.00 884,396,092.39 26,832,524.79 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) 1-A-1 267,438,000.00 149,622,469.26 238,590.83 5,818,677.90 0.00 0.00 1-A-R 50.00 0.00 0.00 0.00 0.00 0.00 1-A-MR 25.00 0.00 0.00 0.00 0.00 0.00 1-A-LR 25.00 0.00 0.00 0.00 0.00 0.00 2-A-1 152,746,000.00 0.00 0.00 0.00 0.00 0.00 2-A-2 71,478,000.00 59,115,839.03 634,147.46 14,034,359.75 0.00 0.00 2-A-3 63,157,000.00 63,157,000.00 0.00 0.00 0.00 0.00 2-A-4 89,485,000.00 89,485,000.00 0.00 0.00 0.00 0.00 2-A-5 86,608,000.00 86,608,000.00 0.00 0.00 0.00 0.00 2-A-6 230,070,000.00 230,070,000.00 0.00 0.00 0.00 0.00 2-A-7 50,000,000.00 50,000,000.00 0.00 0.00 0.00 0.00 2-A-IO 0.00 0.00 0.00 0.00 0.00 0.00 3-A-1 170,194,000.00 146,861,503.67 218,016.16 2,504,562.29 0.00 0.00 B-1 15,183,000.00 14,984,686.27 18,949.00 0.00 0.00 0.00 B-2 7,288,000.00 7,192,807.32 9,095.72 0.00 0.00 0.00 B-3 4,858,000.00 4,794,546.92 6,062.98 0.00 0.00 0.00 B-4 1,822,000.00 1,798,201.83 2,273.93 0.00 0.00 0.00 B-5 1,822,000.00 1,798,201.83 2,273.93 0.00 0.00 0.00 B-6 2,429,613.00 2,397,878.45 3,032.26 0.00 0.00 0.00 SES 0.00 0.00 0.00 0.00 0.00 0.00 1-IO 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,214,578,713.00 907,886,134.58 1,132,442.27 22,357,599.94 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 1-A-1 6,057,268.73 143,565,200.54 0.53681676 6,057,268.73 1-A-R 0.00 0.00 0.00000000 0.00 1-A-MR 0.00 0.00 0.00000000 0.00 1-A-LR 0.00 0.00 0.00000000 0.00 2-A-1 0.00 0.00 0.00000000 0.00 2-A-2 14,668,507.21 44,447,331.82 0.62183234 14,668,507.21 2-A-3 0.00 63,157,000.00 1.00000000 0.00 2-A-4 0.00 89,485,000.00 1.00000000 0.00 2-A-5 0.00 86,608,000.00 1.00000000 0.00 2-A-6 0.00 230,070,000.00 1.00000000 0.00 2-A-7 0.00 50,000,000.00 1.00000000 0.00 2-A-IO 0.00 0.00 0.00000000 0.00 3-A-1 2,722,578.45 144,138,925.22 0.84690956 2,722,578.45 B-1 18,949.00 14,965,737.27 0.98569040 18,949.00 B-2 9,095.72 7,183,711.60 0.98569040 9,095.72 B-3 6,062.98 4,788,483.94 0.98569040 6,062.98 B-4 2,273.93 1,795,927.90 0.98569040 2,273.93 B-5 2,273.93 1,795,927.90 0.98569040 2,273.93 B-6 3,032.26 2,394,846.20 0.98569040 3,032.26 SES 0.00 0.00 0.00000000 0.00 1-IO 0.00 0.00 0.00000000 0.00 Totals 23,490,042.21 884,396,092.39 0.72815050 23,490,042.21
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 267,438,000.00 559.46600431 0.89213511 21.75710969 0.00000000 1-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-MR 25.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 25.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 152,746,000.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2 71,478,000.00 827.04942822 8.87192507 196.34516565 0.00000000 2-A-3 63,157,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-4 89,485,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-5 86,608,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-6 230,070,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-7 50,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 170,194,000.00 862.90646950 1.28098617 14.71592588 0.00000000 B-1 15,183,000.00 986.93843575 1.24804057 0.00000000 0.00000000 B-2 7,288,000.00 986.93843578 1.24804061 0.00000000 0.00000000 B-3 4,858,000.00 986.93843557 1.24804035 0.00000000 0.00000000 B-4 1,822,000.00 986.93843578 1.24804061 0.00000000 0.00000000 B-5 1,822,000.00 986.93843578 1.24804061 0.00000000 0.00000000 B-6 2,429,613.00 986.93843423 1.24804238 0.00000000 0.00000000 SES 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-IO 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 1-A-1 0.00000000 22.64924480 536.81675955 0.53681676 22.64924480 1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-MR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2 0.00000000 205.21709071 621.83233750 0.62183234 205.21709071 2-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 0.00000000 15.99691205 846.90955745 0.84690956 15.99691205 B-1 0.00000000 1.24804057 985.69039518 0.98569040 1.24804057 B-2 0.00000000 1.24804061 985.69039517 0.98569040 1.24804061 B-3 0.00000000 1.24804035 985.69039522 0.98569040 1.24804035 B-4 0.00000000 1.24804061 985.69039517 0.98569040 1.24804061 B-5 0.00000000 1.24804061 985.69039517 0.98569040 1.24804061 B-6 0.00000000 1.24804238 985.69039596 0.98569040 1.24804238 SES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-IO 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 1-A-1 267,438,000.00 3.31191% 149,622,469.26 412,946.70 0.00 0.00 1-A-R 50.00 3.30817% 0.00 0.00 0.00 0.00 1-A-MR 25.00 3.30817% 0.00 0.00 0.00 0.00 1-A-LR 25.00 3.30817% 0.00 0.00 0.00 0.00 2-A-1 152,746,000.00 1.58300% 0.00 0.00 0.00 0.00 2-A-2 71,478,000.00 3.64700% 59,115,839.03 179,662.89 0.00 0.00 2-A-3 63,157,000.00 3.33500% 63,157,000.00 175,523.83 0.00 0.00 2-A-4 89,485,000.00 3.82800% 89,485,000.00 285,457.15 0.00 0.00 2-A-5 86,608,000.00 4.20980% 86,608,000.00 303,835.23 0.00 0.00 2-A-6 230,070,000.00 4.20980% 230,070,000.00 807,123.71 0.00 0.00 2-A-7 50,000,000.00 3.75700% 50,000,000.00 156,541.67 0.00 0.00 2-A-IO 0.00 0.55519% 261,757,839.03 121,104.37 0.00 0.00 3-A-1 170,194,000.00 4.54638% 146,861,503.67 556,406.61 0.00 0.00 B-1 15,183,000.00 4.05559% 14,984,686.27 50,643.15 0.00 0.00 B-2 7,288,000.00 4.05559% 7,192,807.32 24,309.25 0.00 0.00 B-3 4,858,000.00 4.05559% 4,794,546.92 16,203.94 0.00 0.00 B-4 1,822,000.00 4.05559% 1,798,201.83 6,077.31 0.00 0.00 B-5 1,822,000.00 4.05559% 1,798,201.83 6,077.31 0.00 0.00 B-6 2,429,613.00 4.05559% 2,397,878.45 8,104.01 0.00 0.00 SES 0.00 0.00000% 907,886,135.38 0.00 0.00 0.00 1-IO 0.00 0.44500% 157,060,832.31 58,243.39 0.00 0.00 Totals 1,214,578,713.00 3,168,260.52 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 1-A-1 0.00 0.00 412,946.70 0.00 143,565,200.54 1-A-R 0.00 0.00 0.00 0.00 0.00 1-A-MR 0.00 0.00 0.00 0.00 0.00 1-A-LR 0.00 0.00 0.00 0.00 0.00 2-A-1 0.00 0.00 0.00 0.00 0.00 2-A-2 0.00 0.00 179,662.89 0.00 44,447,331.82 2-A-3 0.00 0.00 175,523.83 0.00 63,157,000.00 2-A-4 0.00 0.00 285,457.15 0.00 89,485,000.00 2-A-5 0.00 0.00 303,835.22 0.00 86,608,000.00 2-A-6 0.01 0.00 807,123.70 0.00 230,070,000.00 2-A-7 0.00 0.00 156,541.67 0.00 50,000,000.00 2-A-IO 0.00 0.00 121,104.37 0.00 247,089,331.82 3-A-1 0.00 0.00 556,406.60 0.00 144,138,925.22 B-1 0.00 0.00 50,643.15 0.00 14,965,737.27 B-2 0.00 0.00 24,309.25 0.00 7,183,711.60 B-3 0.00 0.00 16,203.94 0.00 4,788,483.94 B-4 0.00 0.00 6,077.31 0.00 1,795,927.90 B-5 0.00 0.00 6,077.31 0.00 1,795,927.90 B-6 0.00 0.00 8,104.01 0.00 2,394,846.20 SES 0.00 0.00 174,222.09 0.00 884,396,093.17 1-IO 0.00 0.00 58,243.39 0.00 150,991,702.23 Totals 0.01 0.00 3,342,482.58 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 1-A-1 267,438,000.00 3.31191% 559.46600431 1.54408386 0.00000000 0.00000000 1-A-R 50.00 3.30817% 0.00000000 0.00000000 0.00000000 0.00000000 1-A-MR 25.00 3.30817% 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 25.00 3.30817% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 152,746,000.00 1.58300% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2 71,478,000.00 3.64700% 827.04942822 2.51354109 0.00000000 0.00000000 2-A-3 63,157,000.00 3.33500% 1000.00000000 2.77916668 0.00000000 0.00000000 2-A-4 89,485,000.00 3.82800% 1000.00000000 3.19000000 0.00000000 0.00000000 2-A-5 86,608,000.00 4.20980% 1000.00000000 3.50816587 0.00000000 0.00000000 2-A-6 230,070,000.00 4.20980% 1000.00000000 3.50816582 0.00000000 0.00000000 2-A-7 50,000,000.00 3.75700% 1000.00000000 3.13083340 0.00000000 0.00000000 2-A-IO 0.00 0.55519% 613.20845190 0.28370582 0.00000000 0.00000000 3-A-1 170,194,000.00 4.54638% 862.90646950 3.26924927 0.00000000 0.00000000 B-1 15,183,000.00 4.05559% 986.93843575 3.33551670 0.00000000 0.00000000 B-2 7,288,000.00 4.05559% 986.93843578 3.33551729 0.00000000 0.00000000 B-3 4,858,000.00 4.05559% 986.93843557 3.33551667 0.00000000 0.00000000 B-4 1,822,000.00 4.05559% 986.93843578 3.33551592 0.00000000 0.00000000 B-5 1,822,000.00 4.05559% 986.93843578 3.33551592 0.00000000 0.00000000 B-6 2,429,613.00 4.05559% 986.93843423 3.33551475 0.00000000 0.00000000 SES 0.00 0.00000% 731.23526144 0.00000000 0.00000000 0.00000000 1-IO 0.00 0.44500% 571.12814003 0.21179334 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 1-A-1 0.00000000 0.00000000 1.54408386 0.00000000 536.81675955 1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-MR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2 0.00000000 0.00000000 2.51354109 0.00000000 621.83233750 2-A-3 0.00000000 0.00000000 2.77916668 0.00000000 1000.00000000 2-A-4 0.00000000 0.00000000 3.19000000 0.00000000 1000.00000000 2-A-5 0.00000000 0.00000000 3.50816576 0.00000000 1000.00000000 2-A-6 0.00000004 0.00000000 3.50816578 0.00000000 1000.00000000 2-A-7 0.00000000 0.00000000 3.13083340 0.00000000 1000.00000000 2-A-IO 0.00000000 0.00000000 0.28370582 0.00000000 578.84519221 3-A-1 0.00000000 0.00000000 3.26924921 0.00000000 846.90955745 B-1 0.00000000 0.00000000 3.33551670 0.00000000 985.69039518 B-2 0.00000000 0.00000000 3.33551729 0.00000000 985.69039517 B-3 0.00000000 0.00000000 3.33551667 0.00000000 985.69039522 B-4 0.00000000 0.00000000 3.33551592 0.00000000 985.69039517 B-5 0.00000000 0.00000000 3.33551592 0.00000000 985.69039517 B-6 0.00000000 0.00000000 3.33551475 0.00000000 985.69039596 SES 0.00000000 0.00000000 0.14032303 0.00000000 712.31576649 1-IO 0.00000000 0.00000000 0.21179334 0.00000000 549.05865954 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage SES-1 0.00000% 157,060,832.31 150,991,702.23 0.00 0.00 54.90586595% SES-2 0.00000% 599,224,328.24 584,533,030.31 0.00 0.00 76.45252334% SES-3 0.00000% 151,600,974.83 148,871,360.63 0.00 0.00 8.50689741%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 26,871,866.49 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 26,871,866.49 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 39,341.70 Payment of Interest and Principal 26,832,524.79 Total Withdrawals (Pool Distribution Amount) 26,871,866.49 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 37,828.58 Trustee Fee - Wells Fargo Bank, N.A. 1,513.12 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 39,341.70
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 3,974,000.87 0.00 0.00 0.00 3,974,000.87 60 Days 1 0 0 0 1 382,916.20 0.00 0.00 0.00 382,916.20 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 8 0 0 0 8 4,356,917.07 0.00 0.00 0.00 4,356,917.07 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 0.408640% 0.000000% 0.000000% 0.000000% 0.408640% 0.448871% 0.000000% 0.000000% 0.000000% 0.448871% 60 Days 0.058377% 0.000000% 0.000000% 0.000000% 0.058377% 0.043251% 0.000000% 0.000000% 0.000000% 0.043251% 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 0.467017% 0.000000% 0.000000% 0.000000% 0.467017% 0.492122% 0.000000% 0.000000% 0.000000% 0.492122%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 1 0 0 0 1 469,108.34 0.00 0.00 0.00 469,108.34 60 Days 1 0 0 0 1 382,916.20 0.00 0.00 0.00 382,916.20 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 2 0 0 0 2 852,024.54 0.00 0.00 0.00 852,024.54 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.334448% 0.000000% 0.000000% 0.000000% 0.334448% 0.310248% 0.000000% 0.000000% 0.000000% 0.310248% 60 Days 0.334448% 0.000000% 0.000000% 0.000000% 0.334448% 0.253244% 0.000000% 0.000000% 0.000000% 0.253244% 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 0.668896% 0.000000% 0.000000% 0.000000% 0.668896% 0.563492% 0.000000% 0.000000% 0.000000% 0.563492% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 6 0 0 0 6 3,504,892.53 0.00 0.00 0.00 3,504,892.53 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 6 0 0 0 6 3,504,892.53 0.00 0.00 0.00 3,504,892.53 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.537153% 0.000000% 0.000000% 0.000000% 0.537153% 0.599061% 0.000000% 0.000000% 0.000000% 0.599061% 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 0.537153% 0.000000% 0.000000% 0.000000% 0.537153% 0.599061% 0.000000% 0.000000% 0.000000% 0.599061% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 19,515.36
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.461278% Weighted Average Net Coupon 4.211278% Weighted Average Pass-Through Rate 4.187654% Weighted Average Maturity(Stepdown Calculation) 343 Beginning Scheduled Collateral Loan Count 1,758 Number Of Loans Paid In Full 45 Ending Scheduled Collateral Loan Count 1,713 Beginning Scheduled Collateral Balance 907,886,135.38 Ending Scheduled Collateral Balance 884,396,093.17 Ending Actual Collateral Balance at 31-Aug-2004 885,332,201.00 Monthly P &I Constant 4,507,719.38 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 884,396,093.17 Scheduled Principal 1,132,442.27 Unscheduled Principal 22,357,599.94
Miscellaneous Reporting Total Senior % 96.368892% Aggregate Subordinate % 3.631108%
Group Level Collateral Statement Group 1 2 3 Collateral Description 3 Year LIBOR Arm 5 Year LIBOR Arm 7 Year LIBOR Arm Weighted Average Coupon Rate 4.133909 4.461799 4.798378 Weighted Average Net Rate 3.756909 4.211799 4.548378 Weighted Average Maturity 344 345 342 Beginning Loan Count 312 1,143 303 Loans Paid In Full 13 26 6 Ending Loan Count 299 1,117 297 Beginning Scheduled Balance 157,060,832.31 599,224,328.24 151,600,974.83 Ending scheduled Balance 150,991,702.23 584,533,030.31 148,871,360.63 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 791,514.87 2,884,953.60 831,250.91 Scheduled Principal 250,452.18 656,938.18 225,051.91 Unscheduled Principal 5,818,677.90 14,034,359.75 2,504,562.29 Scheduled Interest 541,062.69 2,228,015.42 606,199.00 Servicing Fees 32,720.97 124,838.43 31,583.56 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 261.76 998.69 252.67 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 16,360.49 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 491,719.47 2,102,178.30 574,362.77 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 3.756909 4.209799 4.546378
Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 4.461278 Weighted Average Net Rate 4.211278 Weighted Average Maturity 343 Beginning Loan Count 1,758 Loans Paid In Full 45 Ending Loan Count 1,713 Beginning Scheduled Balance 907,886,135.38 Ending scheduled Balance 884,396,093.17 Record Date 08/31/2004 Principal And Interest Constant 4,507,719.38 Scheduled Principal 1,132,442.27 Unscheduled Principal 22,357,599.94 Scheduled Interest 3,375,277.11 Servicing Fees 189,142.96 Master Servicing Fees 0.00 Trustee Fee 1,513.12 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 16,360.49 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 3,168,260.54 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 4.187654
Miscellaneous Reporting Group 1 CPR 36.475788% Senior % 95.264024% Senior Prepayment % 100.000000% Subordinate % 4.735976% Subordinate Prepayment % 0.000000% Group 2 CPR 24.776757% Senior % 96.530767% Senior Prepayment % 100.000000% Subordinate % 3.469233% Subordinate Prepayment % 0.000000% Group 3 CPR 18.143675% Senior % 96.873720% Senior Prepayment % 100.000000% Subordinate % 3.126280% Subordinate Prepayment % 0.000000%
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