-----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, Dxt+keMcYrDa9mfET9Ff6dZf2sPMMvT32t3vG/nRbiDzIkX3lrIQqL5jwzF0690/ 4iCbGOhatYRiPRg6xFe+hA== 0001056404-04-002564.txt : 20040804 0001056404-04-002564.hdr.sgml : 20040804 20040804151958 ACCESSION NUMBER: 0001056404-04-002564 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: BANC OF AMERICA MORT SEC ALTERNATIVE LOAN TR 2003-8 CENTRAL INDEX KEY: 0001264664 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: 333-105940-12 FILM NUMBER: 04951545 BUSINESS ADDRESS: STREET 1: 201 NORTH TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 8-K 1 baa03008_jul.txt JULY 8K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 26, 2004 BANC OF AMERICA ALTERNATIVE LOAN TRUST Mortgage Pass-Through Certificates, Series 2003-8 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-105940-12 54-2126358 Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction 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) ITEM 5. Other Events On July 26, 2004 a distribution was made to holders of BANC OF AMERICA ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-8 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 2003-8 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. BANC OF AMERICA ALTERNATIVE LOAN TRUST Mortgage Pass-Through Certificates, Series 2003-8 Trust By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 7/27/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-8 Trust, relating to the July 26, 2004 distribution. EX-99.1
Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Record Date: 6/30/04 Distribution Date: 7/26/04 BAA Series: 2003-8 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-CB-1 05948XTV3 SEN 5.50000% 374,163,178.71 1,714,914.34 6,710,894.98 1-CB-WIO 05948XTX9 SEN 0.31556% 0.00 48,082.86 0.00 1-CB-R 05948XTW1 SEN 5.50000% 0.00 0.00 0.00 2-NC-1 05948XTY7 SEN 5.50000% 40,958,634.10 187,727.05 502,416.27 2-NC-2 05948XTZ4 SEN 5.75000% 4,027,913.00 19,300.41 0.00 2-NC-3 05948XVQ1 SEN 0.00000% 183,087.00 0.00 0.00 2-NC-WIO 05948XUA7 SEN 0.21383% 0.00 5,583.35 0.00 3-A-1 05948XUB5 SEN 4.75000% 215,464,620.90 852,880.87 3,423,278.68 3-A-WIO 05948XUC3 SEN 0.47650% 0.00 53,278.93 0.00 PO 05948XUD1 SEN 0.00000% 13,943,167.57 0.00 257,471.75 X-B1 05948XUE9 SUB 5.50000% 10,285,301.62 47,140.96 11,862.99 X-B2 05948XUF6 SUB 5.50000% 4,783,769.12 21,925.61 5,517.56 X-B3 05948XUG4 SUB 5.50000% 2,391,884.56 10,962.80 2,758.78 X-B4 05948XUM1 SUB 5.50000% 2,392,874.58 10,967.34 2,759.92 X-B5 05948XUN9 SUB 5.50000% 1,674,121.19 7,673.05 1,930.92 X-B6 05948XUP4 SUB 5.50000% 1,914,509.08 8,774.83 2,208.16 3-B1 05948XUH2 SUB 4.75000% 2,463,682.98 9,752.08 10,542.35 3-B2 05948XUJ8 SUB 4.75000% 822,191.54 3,254.51 3,518.24 3-B3 05948XUK5 SUB 4.75000% 821,227.66 3,250.69 3,514.12 3-B4 05948XUQ2 SUB 4.75000% 469,410.65 1,858.08 2,008.66 3-B5 05948XUR0 SUB 4.75000% 234,223.38 927.13 1,002.27 3-B6 05948XUS8 SUB 4.75000% 352,993.92 1,397.27 1,510.50 SES 05948XUL3 SUB 0.00000% 0.00 120,293.55 0.00 Totals 677,346,791.56 3,129,945.71 10,943,196.15
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-CB-1 0.00 367,452,283.74 8,425,809.32 0.00 1-CB-WIO 0.00 0.00 48,082.86 0.00 1-CB-R 0.00 0.00 0.00 0.00 2-NC-1 0.00 40,456,217.83 690,143.32 0.00 2-NC-2 0.00 4,027,913.00 19,300.41 0.00 2-NC-3 0.00 183,087.00 0.00 0.00 2-NC-WIO 0.00 0.00 5,583.35 0.00 3-A-1 0.00 212,041,342.22 4,276,159.55 0.00 3-A-WIO 0.00 0.00 53,278.93 0.00 PO 0.00 13,685,695.82 257,471.75 0.00 X-B1 0.00 10,273,438.62 59,003.95 0.00 X-B2 0.00 4,778,251.56 27,443.17 0.00 X-B3 0.00 2,389,125.78 13,721.58 0.00 X-B4 0.00 2,390,114.66 13,727.26 0.00 X-B5 0.00 1,672,190.27 9,603.97 0.00 X-B6 0.00 1,912,300.92 10,982.99 0.00 3-B1 0.00 2,453,140.63 20,294.43 0.00 3-B2 0.00 818,673.30 6,772.75 0.00 3-B3 0.00 817,713.54 6,764.81 0.00 3-B4 0.00 467,401.99 3,866.74 0.00 3-B5 0.00 233,221.12 1,929.40 0.00 3-B6 0.00 351,483.42 2,907.77 0.00 SES 0.00 0.00 120,293.55 0.00 Totals 0.00 666,403,595.42 14,073,141.86 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-CB-1 400,507,000.00 374,163,178.71 433,314.77 6,277,580.20 0.00 0.00 1-CB-WIO 0.00 0.00 0.00 0.00 0.00 0.00 1-CB-R 100.00 0.00 0.00 0.00 0.00 0.00 2-NC-1 43,588,000.00 40,958,634.10 50,291.66 452,124.61 0.00 0.00 2-NC-2 4,027,913.00 4,027,913.00 0.00 0.00 0.00 0.00 2-NC-3 183,087.00 183,087.00 0.00 0.00 0.00 0.00 2-NC-WIO 0.00 0.00 0.00 0.00 0.00 0.00 3-A-1 234,719,000.00 215,464,620.90 921,995.01 2,501,283.67 0.00 0.00 3-A-WIO 0.00 0.00 0.00 0.00 0.00 0.00 PO 14,663,223.00 13,943,167.57 27,986.35 229,485.41 0.00 0.00 X-B1 10,389,000.00 10,285,301.62 11,862.99 0.00 0.00 0.00 X-B2 4,832,000.00 4,783,769.12 5,517.56 0.00 0.00 0.00 X-B3 2,416,000.00 2,391,884.56 2,758.78 0.00 0.00 0.00 X-B4 2,417,000.00 2,392,874.58 2,759.92 0.00 0.00 0.00 X-B5 1,691,000.00 1,674,121.19 1,930.92 0.00 0.00 0.00 X-B6 1,933,809.00 1,914,509.08 2,208.16 0.00 0.00 0.00 3-B1 2,556,000.00 2,463,682.98 10,542.35 0.00 0.00 0.00 3-B2 853,000.00 822,191.54 3,518.24 0.00 0.00 0.00 3-B3 852,000.00 821,227.66 3,514.12 0.00 0.00 0.00 3-B4 487,000.00 469,410.65 2,008.66 0.00 0.00 0.00 3-B5 243,000.00 234,223.38 1,002.27 0.00 0.00 0.00 3-B6 366,221.00 352,993.92 1,510.50 0.00 0.00 0.00 Totals 726,724,353.00 677,346,791.56 1,482,722.26 9,460,473.89 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-CB-1 6,710,894.98 367,452,283.74 0.91746782 6,710,894.98 1-CB-WIO 0.00 0.00 0.00000000 0.00 1-CB-R 0.00 0.00 0.00000000 0.00 2-NC-1 502,416.27 40,456,217.83 0.92815036 502,416.27 2-NC-2 0.00 4,027,913.00 1.00000000 0.00 2-NC-3 0.00 183,087.00 1.00000000 0.00 2-NC-WIO 0.00 0.00 0.00000000 0.00 3-A-1 3,423,278.68 212,041,342.22 0.90338380 3,423,278.68 3-A-WIO 0.00 0.00 0.00000000 0.00 PO 257,471.75 13,685,695.82 0.93333477 257,471.75 X-B1 11,862.99 10,273,438.62 0.98887656 11,862.99 X-B2 5,517.56 4,778,251.56 0.98887656 5,517.56 X-B3 2,758.78 2,389,125.78 0.98887656 2,758.78 X-B4 2,759.92 2,390,114.66 0.98887657 2,759.92 X-B5 1,930.92 1,672,190.27 0.98887656 1,930.92 X-B6 2,208.16 1,912,300.92 0.98887787 2,208.16 3-B1 10,542.35 2,453,140.63 0.95975768 10,542.35 3-B2 3,518.24 818,673.30 0.95975768 3,518.24 3-B3 3,514.12 817,713.54 0.95975768 3,514.12 3-B4 2,008.66 467,401.99 0.95975768 2,008.66 3-B5 1,002.27 233,221.12 0.95975770 1,002.27 3-B6 1,510.50 351,483.42 0.95975769 1,510.50 Totals 10,943,196.15 666,403,595.42 0.91699637 10,943,196.15
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-CB-1 400,507,000.00 934.22381809 1.08191560 15.67408360 0.00000000 1-CB-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 2-NC-1 43,588,000.00 939.67683996 1.15379600 10.37268537 0.00000000 2-NC-2 4,027,913.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-NC-3 183,087.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-NC-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 234,719,000.00 917.96838305 3.92808000 10.65650275 0.00000000 3-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 PO 14,663,223.00 950.89378167 1.90860836 15.65040714 0.00000000 X-B1 10,389,000.00 990.01844451 1.14187987 0.00000000 0.00000000 X-B2 4,832,000.00 990.01844371 1.14187914 0.00000000 0.00000000 X-B3 2,416,000.00 990.01844371 1.14187914 0.00000000 0.00000000 X-B4 2,417,000.00 990.01844435 1.14187836 0.00000000 0.00000000 X-B5 1,691,000.00 990.01844471 1.14188054 0.00000000 0.00000000 X-B6 1,933,809.00 990.01973825 1.14187078 0.00000000 0.00000000 3-B1 2,556,000.00 963.88223005 4.12455008 0.00000000 0.00000000 3-B2 853,000.00 963.88222743 4.12454865 0.00000000 0.00000000 3-B3 852,000.00 963.88223005 4.12455399 0.00000000 0.00000000 3-B4 487,000.00 963.88223819 4.12455852 0.00000000 0.00000000 3-B5 243,000.00 963.88222222 4.12456790 0.00000000 0.00000000 3-B6 366,221.00 963.88224597 4.12455867 0.00000000 0.00000000 SES 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-CB-1 0.00000000 16.75599922 917.46781889 0.91746782 16.75599922 1-CB-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-NC-1 0.00000000 11.52648137 928.15035858 0.92815036 11.52648137 2-NC-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-NC-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-NC-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 0.00000000 14.58458276 903.38380029 0.90338380 14.58458276 3-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 PO 0.00000000 17.55901482 933.33476685 0.93333477 17.55901482 X-B1 0.00000000 1.14187987 988.87656367 0.98887656 1.14187987 X-B2 0.00000000 1.14187914 988.87656457 0.98887656 1.14187914 X-B3 0.00000000 1.14187914 988.87656457 0.98887656 1.14187914 X-B4 0.00000000 1.14187836 988.87656599 0.98887657 1.14187836 X-B5 0.00000000 1.14188054 988.87656416 0.98887656 1.14188054 X-B6 0.00000000 1.14187078 988.87786746 0.98887787 1.14187078 3-B1 0.00000000 4.12455008 959.75767997 0.95975768 4.12455008 3-B2 0.00000000 4.12454865 959.75767878 0.95975768 4.12454865 3-B3 0.00000000 4.12455399 959.75767606 0.95975768 4.12455399 3-B4 0.00000000 4.12455852 959.75767967 0.95975768 4.12455852 3-B5 0.00000000 4.12456790 959.75769547 0.95975770 4.12456790 3-B6 0.00000000 4.12455867 959.75768730 0.95975769 4.12455867 SES 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-CB-1 400,507,000.00 5.50000% 374,163,178.71 1,714,914.57 0.00 0.00 1-CB-WIO 0.00 0.31556% 182,846,065.94 48,082.86 0.00 0.00 1-CB-R 100.00 5.50000% 0.00 0.00 0.00 0.00 2-NC-1 43,588,000.00 5.50000% 40,958,634.10 187,727.07 0.00 0.00 2-NC-2 4,027,913.00 5.75000% 4,027,913.00 19,300.42 0.00 0.00 2-NC-3 183,087.00 0.00000% 183,087.00 0.00 0.00 0.00 2-NC-WIO 0.00 0.21383% 31,333,752.86 5,583.35 0.00 0.00 3-A-1 234,719,000.00 4.75000% 215,464,620.90 852,880.79 0.00 0.00 3-A-WIO 0.00 0.47650% 134,176,549.74 53,278.93 0.00 0.00 PO 14,663,223.00 0.00000% 13,943,167.57 0.00 0.00 0.00 X-B1 10,389,000.00 5.50000% 10,285,301.62 47,140.97 0.00 0.00 X-B2 4,832,000.00 5.50000% 4,783,769.12 21,925.61 0.00 0.00 X-B3 2,416,000.00 5.50000% 2,391,884.56 10,962.80 0.00 0.00 X-B4 2,417,000.00 5.50000% 2,392,874.58 10,967.34 0.00 0.00 X-B5 1,691,000.00 5.50000% 1,674,121.19 7,673.06 0.00 0.00 X-B6 1,933,809.00 5.50000% 1,914,509.08 8,774.83 0.00 0.00 3-B1 2,556,000.00 4.75000% 2,463,682.98 9,752.08 0.00 0.00 3-B2 853,000.00 4.75000% 822,191.54 3,254.51 0.00 0.00 3-B3 852,000.00 4.75000% 821,227.66 3,250.69 0.00 0.00 3-B4 487,000.00 4.75000% 469,410.65 1,858.08 0.00 0.00 3-B5 243,000.00 4.75000% 234,223.38 927.13 0.00 0.00 3-B6 366,221.00 4.75000% 352,993.92 1,397.27 0.00 0.00 SES 0.00 0.00000% 677,346,790.57 0.00 0.00 0.00 Totals 726,724,353.00 3,009,652.36 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-CB-1 0.23 0.00 1,714,914.34 0.00 367,452,283.74 1-CB-WIO 0.00 0.00 48,082.86 0.00 179,285,136.70 1-CB-R 0.00 0.00 0.00 0.00 0.00 2-NC-1 0.02 0.00 187,727.05 0.00 40,456,217.83 2-NC-2 0.00 0.00 19,300.41 0.00 4,027,913.00 2-NC-3 0.00 0.00 0.00 0.00 183,087.00 2-NC-WIO 0.00 0.00 5,583.35 0.00 30,848,357.10 3-A-1 (0.08) 0.00 852,880.87 0.00 212,041,342.22 3-A-WIO 0.00 0.00 53,278.93 0.00 131,983,634.70 PO 0.00 0.00 0.00 0.00 13,685,695.82 X-B1 0.01 0.00 47,140.96 0.00 10,273,438.62 X-B2 0.00 0.00 21,925.61 0.00 4,778,251.56 X-B3 0.00 0.00 10,962.80 0.00 2,389,125.78 X-B4 0.00 0.00 10,967.34 0.00 2,390,114.66 X-B5 0.00 0.00 7,673.05 0.00 1,672,190.27 X-B6 0.00 0.00 8,774.83 0.00 1,912,300.92 3-B1 0.00 0.00 9,752.08 0.00 2,453,140.63 3-B2 0.00 0.00 3,254.51 0.00 818,673.30 3-B3 0.00 0.00 3,250.69 0.00 817,713.54 3-B4 0.00 0.00 1,858.08 0.00 467,401.99 3-B5 0.00 0.00 927.13 0.00 233,221.12 3-B6 0.00 0.00 1,397.27 0.00 351,483.42 SES 0.00 0.00 120,293.55 0.00 666,403,594.40 Totals 0.18 0.00 3,129,945.71 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-CB-1 400,507,000.00 5.50000% 934.22381809 4.28185917 0.00000000 0.00000000 1-CB-WIO 0.00 0.31556% 921.63251339 0.24236085 0.00000000 0.00000000 1-CB-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 2-NC-1 43,588,000.00 5.50000% 939.67683996 4.30685212 0.00000000 0.00000000 2-NC-2 4,027,913.00 5.75000% 1000.00000000 4.79166755 0.00000000 0.00000000 2-NC-3 183,087.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 2-NC-WIO 0.00 0.21383% 927.28340486 0.16523229 0.00000000 0.00000000 3-A-1 234,719,000.00 4.75000% 917.96838305 3.63362485 0.00000000 0.00000000 3-A-WIO 0.00 0.47650% 905.37675394 0.35950771 0.00000000 0.00000000 PO 14,663,223.00 0.00000% 950.89378167 0.00000000 0.00000000 0.00000000 X-B1 10,389,000.00 5.50000% 990.01844451 4.53758495 0.00000000 0.00000000 X-B2 4,832,000.00 5.50000% 990.01844371 4.53758485 0.00000000 0.00000000 X-B3 2,416,000.00 5.50000% 990.01844371 4.53758278 0.00000000 0.00000000 X-B4 2,417,000.00 5.50000% 990.01844435 4.53758378 0.00000000 0.00000000 X-B5 1,691,000.00 5.50000% 990.01844471 4.53758723 0.00000000 0.00000000 X-B6 1,933,809.00 5.50000% 990.01973825 4.53758877 0.00000000 0.00000000 3-B1 2,556,000.00 4.75000% 963.88223005 3.81536776 0.00000000 0.00000000 3-B2 853,000.00 4.75000% 963.88222743 3.81536928 0.00000000 0.00000000 3-B3 852,000.00 4.75000% 963.88223005 3.81536385 0.00000000 0.00000000 3-B4 487,000.00 4.75000% 963.88223819 3.81535934 0.00000000 0.00000000 3-B5 243,000.00 4.75000% 963.88222222 3.81534979 0.00000000 0.00000000 3-B6 366,221.00 4.75000% 963.88224597 3.81537378 0.00000000 0.00000000 SES 0.00 0.00000% 932.05461663 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-CB-1 0.00000057 0.00000000 4.28185859 0.00000000 917.46781889 1-CB-WIO 0.00000000 0.00000000 0.24236085 0.00000000 903.68370958 1-CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-NC-1 0.00000046 0.00000000 4.30685166 0.00000000 928.15035858 2-NC-2 0.00000000 0.00000000 4.79166506 0.00000000 1000.00000000 2-NC-3 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 2-NC-WIO 0.00000000 0.00000000 0.16523229 0.00000000 912.91872167 3-A-1 (0.00000034) 0.00000000 3.63362519 0.00000000 903.38380029 3-A-WIO 0.00000000 0.00000000 0.35950771 0.00000000 890.57972492 PO 0.00000000 0.00000000 0.00000000 0.00000000 933.33476685 X-B1 0.00000096 0.00000000 4.53758398 0.00000000 988.87656367 X-B2 0.00000000 0.00000000 4.53758485 0.00000000 988.87656457 X-B3 0.00000000 0.00000000 4.53758278 0.00000000 988.87656457 X-B4 0.00000000 0.00000000 4.53758378 0.00000000 988.87656599 X-B5 0.00000000 0.00000000 4.53758131 0.00000000 988.87656416 X-B6 0.00000000 0.00000000 4.53758877 0.00000000 988.87786746 3-B1 0.00000000 0.00000000 3.81536776 0.00000000 959.75767997 3-B2 0.00000000 0.00000000 3.81536928 0.00000000 959.75767878 3-B3 0.00000000 0.00000000 3.81536385 0.00000000 959.75767606 3-B4 0.00000000 0.00000000 3.81535934 0.00000000 959.75767967 3-B5 0.00000000 0.00000000 3.81534979 0.00000000 959.75769547 3-B6 0.00000000 0.00000000 3.81537378 0.00000000 959.75768730 SES 0.00000000 0.00000000 0.16552844 0.00000000 916.99636781 (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 PO 1-CB 0.00000% 0.00 0.00 10,277,201.55 10,080,872.89 93.66767403% PO 2-NC 0.00000% 0.00 0.00 462,853.39 462,268.41 98.66841050% PO-3APO 0.00000% 0.00 0.00 3,203,112.63 3,142,554.52 91.55736359% SES 1-CB 0.00000% 405,419,002.70 398,487,483.92 0.00 0.00 92.14424142% SES 1-NC 0.00000% 48,096,323.35 47,590,578.88 0.00 0.00 93.76482182% SES 3A 0.00000% 223,831,464.52 220,325,531.60 0.00 0.00 90.47958534%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 14,103,340.26 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 14,103,340.26 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 30,198.40 Payment of Interest and Principal 14,073,141.86 Total Withdrawals (Pool Distribution Amount) 14,103,340.26 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 28,222.78 Trustee Fee - Wells Fargo Bank, N.A. 1,975.62 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 30,198.40
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 2 1 0 3 180,159.09 282,355.81 0.00 462,514.90 30 Days 32 1 0 0 33 4,048,319.29 143,377.65 0.00 0.00 4,191,696.94 60 Days 3 0 0 0 3 459,579.60 0.00 0.00 0.00 459,579.60 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 1 0 1 0.00 0.00 55,658.39 0.00 55,658.39 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 35 3 2 0 40 4,507,898.89 323,536.74 338,014.20 0.00 5,169,449.83 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 0.039620% 0.019810% 0.000000% 0.059429% 0.026983% 0.042289% 0.000000% 0.069271% 30 Days 0.633914% 0.019810% 0.000000% 0.000000% 0.653724% 0.606319% 0.021474% 0.000000% 0.000000% 0.627792% 60 Days 0.059429% 0.000000% 0.000000% 0.000000% 0.059429% 0.068831% 0.000000% 0.000000% 0.000000% 0.068831% 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% 0.019810% 0.000000% 0.019810% 0.000000% 0.000000% 0.008336% 0.000000% 0.008336% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.693344% 0.059429% 0.039620% 0.000000% 0.792393% 0.675150% 0.048456% 0.050625% 0.000000% 0.774231%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total One 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 2 0 0 2 180,159.09 0.00 0.00 180,159.09 30 Days 25 1 0 0 26 3,408,509.58 143,377.65 0.00 0.00 3,551,887.23 60 Days 3 0 0 0 3 459,579.60 0.00 0.00 0.00 459,579.60 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 1 0 1 0.00 0.00 55,658.39 0.00 55,658.39 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 28 3 1 0 32 3,868,089.18 323,536.74 55,658.39 0.00 4,247,284.31 0-29 Days 0.069614% 0.000000% 0.000000% 0.069614% 0.045164% 0.000000% 0.000000% 0.045164% 30 Days 0.870171% 0.034807% 0.000000% 0.000000% 0.904977% 0.854487% 0.035944% 0.000000% 0.000000% 0.890430% 60 Days 0.104420% 0.000000% 0.000000% 0.000000% 0.104420% 0.115213% 0.000000% 0.000000% 0.000000% 0.115213% 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% 0.034807% 0.000000% 0.034807% 0.000000% 0.000000% 0.013953% 0.000000% 0.013953% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.974591% 0.104420% 0.034807% 0.000000% 1.113818% 0.969700% 0.081108% 0.013953% 0.000000% 1.064761% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Two 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 Three 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 1 0 1 0.00 282,355.81 0.00 282,355.81 30 Days 7 0 0 0 7 639,809.71 0.00 0.00 0.00 639,809.71 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 7 0 1 0 8 639,809.71 0.00 282,355.81 0.00 922,165.52 0-29 Days 0.000000% 0.048170% 0.000000% 0.048170% 0.000000% 0.127673% 0.000000% 0.127673% 30 Days 0.337187% 0.000000% 0.000000% 0.000000% 0.337187% 0.289302% 0.000000% 0.000000% 0.000000% 0.289302% 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 0.337187% 0.000000% 0.048170% 0.000000% 0.385356% 0.289302% 0.000000% 0.127673% 0.000000% 0.416975%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 31,586.59
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 5.585455% Weighted Average Net Coupon 5.335455% Weighted Average Pass-Through Rate 5.331955% Weighted Average Maturity(Stepdown Calculation ) 347 Beginning Scheduled Collateral Loan Count 5,107 Number Of Loans Paid In Full 59 Ending Scheduled Collateral Loan Count 5,048 Beginning Scheduled Collateral Balance 677,346,790.57 Ending Scheduled Collateral Balance 666,403,594.40 Ending Actual Collateral Balance at 30-Jun-2004 667,688,554.71 Monthly P &I Constant 4,635,463.95 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 666,403,594.40 Scheduled Principal 1,482,722.28 Unscheduled Principal 9,460,473.89
Group Level Collateral Statement Group One Two Three Collateral Description Fixed 30 Year Fixed 30 Year Fixed 15 Year Weighted Average Coupon Rate 5.756397 5.839875 5.221164 Weighted Average Net Rate 5.506397 5.589875 4.971164 Weighted Average Maturity 345 347 164 Beginning Loan Count 2,907 100 2,100 Loans Paid In Full 34 1 24 Ending Loan Count 2,873 99 2,076 Beginning Scheduled Balance 405,419,002.70 48,096,323.35 223,831,464.52 Ending scheduled Balance 398,487,483.92 47,590,578.88 220,325,531.60 Record Date 06/30/2004 06/30/2004 06/30/2004 Principal And Interest Constant 2,415,384.61 287,640.78 1,932,438.56 Scheduled Principal 470,590.69 53,577.01 958,554.58 Unscheduled Principal 6,460,928.09 452,167.46 2,547,378.34 Scheduled Interest 1,944,793.92 234,063.77 973,883.98 Servicing Fees 84,462.27 10,020.06 46,631.54 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 1,182.48 140.29 652.85 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 1,859,149.17 223,903.42 926,599.59 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 5.502897 5.586375 4.967664
Group Level Collateral Statement Group Total Collateral Description Mixed Fixed Weighted Average Coupon Rate 5.585455 Weighted Average Net Rate 5.335455 Weighted Average Maturity 347 Beginning Loan Count 5,107 Loans Paid In Full 59 Ending Loan Count 5,048 Beginning Scheduled Balance 677,346,790.57 Ending scheduled Balance 666,403,594.40 Record Date 06/30/2004 Principal And Interest Constant 4,635,463.95 Scheduled Principal 1,482,722.28 Unscheduled Principal 9,460,473.89 Scheduled Interest 3,152,741.67 Servicing Fees 141,113.87 Master Servicing Fees 0.00 Trustee Fee 1,975.62 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 3,009,652.18 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 5.331955
Miscellaneous Reporting Group One CPR % Group One 17.552058% Senior % Group One 94.690862% Subordinate % Group One 5.309138% Senior Prepayment % Group One 100.000000% Subordinate Prepayment % Group One 0.000000% Group Two CPR % Group Two 10.727450% Senior % Group Two 94.827511% Subordinate % Group Two 5.172489% Senior Prepayment % Group Two 100.000000% Subordinate Prepayment % Group Two 0.000000% Group Three CPR % Group Three 12.885486% Senior % Group Three 97.659535% Subordinate % Group Three 2.340465% Senior Prepayment % Group Three 100.000000% Subordinate Prepayment % Group Three 0.000000%
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