-----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, JH7XiZJ5p99egvhLPGZC2NRpBTbx377mFkjvpAt78lAIn1y7tYaK5XvWS5LCoEil sfoJB+kTnLfSnRaB6pn3HQ== 0001056404-04-003022.txt : 20040909 0001056404-04-003022.hdr.sgml : 20040909 20040909111829 ACCESSION NUMBER: 0001056404-04-003022 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040325 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040909 DATE AS OF CHANGE: 20040909 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 333-105940-12 FILM NUMBER: 041021932 BUSINESS ADDRESS: STREET 1: 201 NORTH TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 8-K/A 1 baa03008_mar.txt MAR 8KA UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K/A Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 25, 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) 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 Subsequent to filing the 8-K relating to the payment date on March 25, 2004, a revision was made to the BANC OF AMERICA ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-8 which was not included in the original 8-K filed. The 8-K is being amended because delinquency information was revised. This revision was not previously disclosed in a 1934 Act filing. The revised data has been and will continue to be available on the Wells Fargo Bank, N.A. as Trustee, website at www.ctslink.com. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Amended monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-8 Trust, relating to the March 25, 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 (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: 8/10/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Amended monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-8 Trust, relating to the March 25, 2004 distribution. EX-99.1
Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Record Date: 2/29/04 Distribution Date: 3/25/04 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% 389,167,164.04 1,783,682.91 2,672,657.21 1-CB-WIO 05948XTX9 SEN 0.31976% 0.00 51,136.30 0.00 1-CB-R 05948XTW1 SEN 5.50000% 0.00 0.00 0.00 2-NC-1 05948XTY7 SEN 5.50000% 42,849,376.72 196,392.98 555,657.73 2-NC-2 05948XTZ4 SEN 5.75000% 4,027,913.00 19,300.42 0.00 2-NC-3 05948XVQ1 SEN 0.00000% 183,087.00 0.00 0.00 2-NC-WIO 05948XUA7 SEN 0.23580% 0.00 6,510.72 0.00 3-A-1 05948XUB5 SEN 4.75000% 226,945,640.67 898,326.45 2,293,372.16 3-A-WIO 05948XUC3 SEN 0.47740% 0.00 56,794.22 0.00 PO 05948XUD1 SEN 0.00000% 14,384,230.22 0.00 85,047.71 X-B1 05948XUE9 SUB 5.50000% 10,332,078.52 47,355.36 11,589.70 X-B2 05948XUF6 SUB 5.50000% 4,805,525.40 22,025.33 5,390.45 X-B3 05948XUG4 SUB 5.50000% 2,402,762.70 11,012.66 2,695.23 X-B4 05948XUM1 SUB 5.50000% 2,403,757.22 11,017.22 2,696.34 X-B5 05948XUN9 SUB 5.50000% 1,681,734.99 7,707.95 1,886.44 X-B6 05948XUP4 SUB 5.50000% 1,923,213.64 8,814.73 2,157.31 3-B1 05948XUH2 SUB 4.75000% 2,505,277.78 9,916.72 10,318.73 3-B2 05948XUJ8 SUB 4.75000% 836,072.75 3,309.45 3,443.61 3-B3 05948XUK5 SUB 4.75000% 835,092.59 3,305.57 3,439.58 3-B4 05948XUQ2 SUB 4.75000% 477,335.79 1,889.45 1,966.05 3-B5 05948XUR0 SUB 4.75000% 238,177.82 942.79 981.01 3-B6 05948XUS8 SUB 4.75000% 358,953.58 1,420.86 1,478.46 SES 05948XUL3 SUB 0.00000% 0.00 122,462.41 0.00 Totals 706,357,394.43 3,263,324.50 5,654,777.72
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-CB-1 0.00 386,494,506.83 4,456,340.12 0.00 1-CB-WIO 0.00 0.00 51,136.30 0.00 1-CB-R 0.00 0.00 0.00 0.00 2-NC-1 0.00 42,293,718.99 752,050.71 0.00 2-NC-2 0.00 4,027,913.00 19,300.42 0.00 2-NC-3 0.00 183,087.00 0.00 0.00 2-NC-WIO 0.00 0.00 6,510.72 0.00 3-A-1 0.00 224,652,268.51 3,191,698.61 0.00 3-A-WIO 0.00 0.00 56,794.22 0.00 PO 0.00 14,299,182.51 85,047.71 0.00 X-B1 0.00 10,320,488.82 58,945.06 0.00 X-B2 0.00 4,800,134.95 27,415.78 0.00 X-B3 0.00 2,400,067.48 13,707.89 0.00 X-B4 0.00 2,401,060.88 13,713.56 0.00 X-B5 0.00 1,679,848.55 9,594.39 0.00 X-B6 0.00 1,921,056.33 10,972.04 0.00 3-B1 0.00 2,494,959.05 20,235.45 0.00 3-B2 0.00 832,629.13 6,753.06 0.00 3-B3 0.00 831,653.02 6,745.15 0.00 3-B4 0.00 475,369.74 3,855.50 0.00 3-B5 0.00 237,196.81 1,923.80 0.00 3-B6 0.00 357,475.12 2,899.32 0.00 SES 0.00 0.00 122,462.41 0.00 Totals 0.00 700,702,616.72 8,918,102.22 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-1 400,507,000.00 389,167,164.04 438,522.84 2,234,134.37 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 42,849,376.72 50,743.11 504,914.62 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-1 234,719,000.00 226,945,640.67 934,742.69 1,358,629.47 0.00 0.00 3-A-WIO 0.00 0.00 0.00 0.00 0.00 0.00 PO 14,663,223.00 14,384,230.22 28,185.25 56,862.47 0.00 0.00 X-B1 10,389,000.00 10,332,078.52 11,589.70 0.00 0.00 0.00 X-B2 4,832,000.00 4,805,525.40 5,390.45 0.00 0.00 0.00 X-B3 2,416,000.00 2,402,762.70 2,695.23 0.00 0.00 0.00 X-B4 2,417,000.00 2,403,757.22 2,696.34 0.00 0.00 0.00 X-B5 1,691,000.00 1,681,734.99 1,886.44 0.00 0.00 0.00 X-B6 1,933,809.00 1,923,213.64 2,157.31 0.00 0.00 0.00 3-B1 2,556,000.00 2,505,277.78 10,318.73 0.00 0.00 0.00 3-B2 853,000.00 836,072.75 3,443.61 0.00 0.00 0.00 3-B3 852,000.00 835,092.59 3,439.58 0.00 0.00 0.00 3-B4 487,000.00 477,335.79 1,966.05 0.00 0.00 0.00 3-B5 243,000.00 238,177.82 981.01 0.00 0.00 0.00 3-B6 366,221.00 358,953.58 1,478.46 0.00 0.00 0.00 Totals 726,724,353.00 706,357,394.43 1,500,236.80 4,154,540.93 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 2,672,657.21 386,494,506.83 0.96501311 2,672,657.21 1-CB-WIO 0.00 0.00 0.00000000 0.00 1-CB-R 0.00 0.00 0.00000000 0.00 2-NC-1 555,657.73 42,293,718.99 0.97030648 555,657.73 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 2,293,372.16 224,652,268.51 0.95711156 2,293,372.16 3-A-WIO 0.00 0.00 0.00000000 0.00 PO 85,047.71 14,299,182.51 0.97517323 85,047.71 X-B1 11,589.70 10,320,488.82 0.99340541 11,589.70 X-B2 5,390.45 4,800,134.95 0.99340541 5,390.45 X-B3 2,695.23 2,400,067.48 0.99340541 2,695.23 X-B4 2,696.34 2,401,060.88 0.99340541 2,696.34 X-B5 1,886.44 1,679,848.55 0.99340541 1,886.44 X-B6 2,157.31 1,921,056.33 0.99340541 2,157.31 3-B1 10,318.73 2,494,959.05 0.97611856 10,318.73 3-B2 3,443.61 832,629.13 0.97611856 3,443.61 3-B3 3,439.58 831,653.02 0.97611857 3,439.58 3-B4 1,966.05 475,369.74 0.97611856 1,966.05 3-B5 981.01 237,196.81 0.97611856 981.01 3-B6 1,478.46 357,475.12 0.97611857 1,478.46 Totals 5,654,777.72 700,702,616.72 0.96419311 5,654,777.72
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-CB-1 400,507,000.00 971.68629772 1.09491929 5.57826547 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 43,588,000.00 983.05443517 1.16415321 11.58379875 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-1 234,719,000.00 966.88227485 3.98239039 5.78832336 0.00000000 3-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 PO 14,663,223.00 980.97329762 1.92217291 3.87789710 0.00000000 X-B1 10,389,000.00 994.52098566 1.11557416 0.00000000 0.00000000 X-B2 4,832,000.00 994.52098510 1.11557326 0.00000000 0.00000000 X-B3 2,416,000.00 994.52098510 1.11557533 0.00000000 0.00000000 X-B4 2,417,000.00 994.52098469 1.11557302 0.00000000 0.00000000 X-B5 1,691,000.00 994.52098758 1.11557658 0.00000000 0.00000000 X-B6 1,933,809.00 994.52098940 1.11557553 0.00000000 0.00000000 3-B1 2,556,000.00 980.15562598 4.03706182 0.00000000 0.00000000 3-B2 853,000.00 980.15562720 4.03705744 0.00000000 0.00000000 3-B3 852,000.00 980.15562207 4.03706573 0.00000000 0.00000000 3-B4 487,000.00 980.15562628 4.03706366 0.00000000 0.00000000 3-B5 243,000.00 980.15563786 4.03707819 0.00000000 0.00000000 3-B6 366,221.00 980.15564372 4.03707051 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 6.67318476 965.01311295 0.96501311 6.67318476 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 12.74795196 970.30648321 0.97030648 12.74795196 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 9.77071375 957.11156110 0.95711156 9.77071375 3-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 PO 0.00000000 5.80006933 975.17322829 0.97517323 5.80006933 X-B1 0.00000000 1.11557416 993.40541149 0.99340541 1.11557416 X-B2 0.00000000 1.11557326 993.40541184 0.99340541 1.11557326 X-B3 0.00000000 1.11557533 993.40541391 0.99340541 1.11557533 X-B4 0.00000000 1.11557302 993.40541167 0.99340541 1.11557302 X-B5 0.00000000 1.11557658 993.40541100 0.99340541 1.11557658 X-B6 0.00000000 1.11557553 993.40541387 0.99340541 1.11557553 3-B1 0.00000000 4.03706182 976.11856416 0.97611856 4.03706182 3-B2 0.00000000 4.03705744 976.11855803 0.97611856 4.03705744 3-B3 0.00000000 4.03706573 976.11856808 0.97611857 4.03706573 3-B4 0.00000000 4.03706366 976.11856263 0.97611856 4.03706366 3-B5 0.00000000 4.03707819 976.11855967 0.97611856 4.03707819 3-B6 0.00000000 4.03707051 976.11857321 0.97611857 4.03707051 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% 389,167,164.04 1,783,682.84 0.00 0.00 1-CB-WIO 0.00 0.31976% 191,905,873.57 51,136.30 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% 42,849,376.72 196,392.98 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 0.23580% 33,133,331.03 6,510.72 0.00 0.00 3-A-1 234,719,000.00 4.75000% 226,945,640.67 898,326.49 0.00 0.00 3-A-WIO 0.00 0.47740% 142,757,791.77 56,794.22 0.00 0.00 PO 14,663,223.00 0.00000% 14,384,230.22 0.00 0.00 0.00 X-B1 10,389,000.00 5.50000% 10,332,078.52 47,355.36 0.00 0.00 X-B2 4,832,000.00 5.50000% 4,805,525.40 22,025.32 0.00 0.00 X-B3 2,416,000.00 5.50000% 2,402,762.70 11,012.66 0.00 0.00 X-B4 2,417,000.00 5.50000% 2,403,757.22 11,017.22 0.00 0.00 X-B5 1,691,000.00 5.50000% 1,681,734.99 7,707.95 0.00 0.00 X-B6 1,933,809.00 5.50000% 1,923,213.64 8,814.73 0.00 0.00 3-B1 2,556,000.00 4.75000% 2,505,277.78 9,916.72 0.00 0.00 3-B2 853,000.00 4.75000% 836,072.75 3,309.45 0.00 0.00 3-B3 852,000.00 4.75000% 835,092.59 3,305.57 0.00 0.00 3-B4 487,000.00 4.75000% 477,335.79 1,889.45 0.00 0.00 3-B5 243,000.00 4.75000% 238,177.82 942.79 0.00 0.00 3-B6 366,221.00 4.75000% 358,953.58 1,420.86 0.00 0.00 SES 0.00 0.00000% 706,357,395.94 0.00 0.00 0.00 Totals 726,724,353.00 3,140,862.05 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 (0.07) 0.00 1,783,682.91 0.00 386,494,506.83 1-CB-WIO 0.00 0.00 51,136.30 0.00 190,160,364.34 1-CB-R 0.00 0.00 0.00 0.00 0.00 2-NC-1 (0.01) 0.00 196,392.98 0.00 42,293,718.99 2-NC-2 0.00 0.00 19,300.42 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 6,510.72 0.00 32,593,913.14 3-A-1 0.05 0.00 898,326.45 0.00 224,652,268.51 3-A-WIO 0.00 0.00 56,794.22 0.00 140,981,670.74 PO 0.00 0.00 0.00 0.00 14,299,182.51 X-B1 0.00 0.00 47,355.36 0.00 10,320,488.82 X-B2 0.00 0.00 22,025.33 0.00 4,800,134.95 X-B3 0.00 0.00 11,012.66 0.00 2,400,067.48 X-B4 0.00 0.00 11,017.22 0.00 2,401,060.88 X-B5 0.00 0.00 7,707.95 0.00 1,679,848.55 X-B6 0.00 0.00 8,814.73 0.00 1,921,056.33 3-B1 0.00 0.00 9,916.72 0.00 2,494,959.05 3-B2 0.00 0.00 3,309.45 0.00 832,629.13 3-B3 0.00 0.00 3,305.57 0.00 831,653.02 3-B4 0.00 0.00 1,889.45 0.00 475,369.74 3-B5 0.00 0.00 942.79 0.00 237,196.81 3-B6 0.00 0.00 1,420.86 0.00 357,475.12 SES 0.00 0.00 122,462.41 0.00 700,702,618.23 Totals (0.03) 0.00 3,263,324.50 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% 971.68629772 4.45356221 0.00000000 0.00000000 1-CB-WIO 0.00 0.31976% 967.29832105 0.25775166 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% 983.05443517 4.50566624 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 0.23580% 980.53968030 0.19267665 0.00000000 0.00000000 3-A-1 234,719,000.00 4.75000% 966.88227485 3.82724232 0.00000000 0.00000000 3-A-WIO 0.00 0.47740% 963.27999462 0.38322767 0.00000000 0.00000000 PO 14,663,223.00 0.00000% 980.97329762 0.00000000 0.00000000 0.00000000 X-B1 10,389,000.00 5.50000% 994.52098566 4.55822120 0.00000000 0.00000000 X-B2 4,832,000.00 5.50000% 994.52098510 4.55822020 0.00000000 0.00000000 X-B3 2,416,000.00 5.50000% 994.52098510 4.55822020 0.00000000 0.00000000 X-B4 2,417,000.00 5.50000% 994.52098469 4.55822094 0.00000000 0.00000000 X-B5 1,691,000.00 5.50000% 994.52098758 4.55821999 0.00000000 0.00000000 X-B6 1,933,809.00 5.50000% 994.52098940 4.55822162 0.00000000 0.00000000 3-B1 2,556,000.00 4.75000% 980.15562598 3.87978091 0.00000000 0.00000000 3-B2 853,000.00 4.75000% 980.15562720 3.87977726 0.00000000 0.00000000 3-B3 852,000.00 4.75000% 980.15562207 3.87977700 0.00000000 0.00000000 3-B4 487,000.00 4.75000% 980.15562628 3.87977413 0.00000000 0.00000000 3-B5 243,000.00 4.75000% 980.15563786 3.87979424 0.00000000 0.00000000 3-B6 366,221.00 4.75000% 980.15564372 3.87978843 0.00000000 0.00000000 SES 0.00 0.00000% 971.97429890 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 (0.00000017) 0.00000000 4.45356238 0.00000000 965.01311295 1-CB-WIO 0.00000000 0.00000000 0.25775166 0.00000000 958.50011119 1-CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-NC-1 (0.00000023) 0.00000000 4.50566624 0.00000000 970.30648321 2-NC-2 0.00000000 0.00000000 4.79166755 0.00000000 1000.00000000 2-NC-3 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 2-NC-WIO 0.00000000 0.00000000 0.19267665 0.00000000 964.57627943 3-A-1 0.00000021 0.00000000 3.82724215 0.00000000 957.11156110 3-A-WIO 0.00000000 0.00000000 0.38322767 0.00000000 951.29534682 PO 0.00000000 0.00000000 0.00000000 0.00000000 975.17322829 X-B1 0.00000000 0.00000000 4.55822120 0.00000000 993.40541149 X-B2 0.00000000 0.00000000 4.55822227 0.00000000 993.40541184 X-B3 0.00000000 0.00000000 4.55822020 0.00000000 993.40541391 X-B4 0.00000000 0.00000000 4.55822094 0.00000000 993.40541167 X-B5 0.00000000 0.00000000 4.55821999 0.00000000 993.40541100 X-B6 0.00000000 0.00000000 4.55822162 0.00000000 993.40541387 3-B1 0.00000000 0.00000000 3.87978091 0.00000000 976.11856416 3-B2 0.00000000 0.00000000 3.87977726 0.00000000 976.11855803 3-B3 0.00000000 0.00000000 3.87977700 0.00000000 976.11856808 3-B4 0.00000000 0.00000000 3.87977413 0.00000000 976.11856263 3-B5 0.00000000 0.00000000 3.87979424 0.00000000 976.11855967 3-B6 0.00000000 0.00000000 3.87978843 0.00000000 976.11857321 SES 0.00000000 0.00000000 0.16851287 0.00000000 964.19311245 (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 10,571,049.54 10,505,457.43 97.61275366% PO 2-NC 0.00000% 0.00 0.00 465,714.23 465,160.75 99.28576307% PO-3APO 0.00000% 0.00 0.00 3,347,466.45 3,328,564.33 96.97670244% SES 1-CB 0.00000% 420,812,659.52 418,050,663.01 0.00 0.00 96.66793255% SES 1-NC 0.00000% 50,000,718.14 49,441,838.65 0.00 0.00 97.41224630% SES 3A 0.00000% 235,544,018.28 233,210,116.57 0.00 0.00 95.77081008%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 8,949,594.26 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 8,949,594.26 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 31,492.04 Payment of Interest and Principal 8,918,102.22 Total Withdrawals (Pool Distribution Amount) 8,949,594.26 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 29,431.87 Trustee Fee - Wells Fargo Bank, N.A. 2,060.17 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 31,492.04
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 3 188,899.26 287,017.40 0.00 475,916.66 30 Days 41 0 0 0 41 6,678,264.87 0.00 0.00 0.00 6,678,264.87 60 Days 1 0 0 0 1 182,842.04 0.00 0.00 0.00 182,842.04 90 Days 5 0 1 0 6 223,995.35 0.00 131,291.45 0.00 355,286.80 120 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 47 2 2 0 51 7,085,102.26 188,899.26 418,308.85 0.00 7,692,310.37 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 0.038241% 0.019120% 0.000000% 0.057361% 0.026908% 0.040884% 0.000000% 0.067792% 30 Days 0.783939% 0.000000% 0.000000% 0.000000% 0.783939% 0.951280% 0.000000% 0.000000% 0.000000% 0.951280% 60 Days 0.019120% 0.000000% 0.000000% 0.000000% 0.019120% 0.026045% 0.000000% 0.000000% 0.000000% 0.026045% 90 Days 0.095602% 0.000000% 0.019120% 0.000000% 0.114723% 0.031907% 0.000000% 0.018702% 0.000000% 0.050609% 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 0.898662% 0.038241% 0.038241% 0.000000% 0.975143% 1.009232% 0.026908% 0.059586% 0.000000% 1.095725%
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 1 0 3 188,899.26 287,017.40 0.00 475,916.66 30 Days 26 0 0 0 26 4,677,351.88 0.00 0.00 0.00 4,677,351.88 60 Days 1 0 0 0 1 182,842.04 0.00 0.00 0.00 182,842.04 90 Days 6 0 1 0 7 355,286.80 0.00 131,291.45 0.00 486,578.25 120 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 33 2 2 0 37 5,215,480.72 188,899.26 418,308.85 0.00 5,822,688.83 0-29 Days 0.067159% 0.033580% 0.000000% 0.100739% 0.045140% 0.068587% 0.000000% 0.113727% 30 Days 0.873069% 0.000000% 0.000000% 0.000000% 0.873069% 1.117723% 0.000000% 0.000000% 0.000000% 1.117723% 60 Days 0.033580% 0.000000% 0.000000% 0.000000% 0.033580% 0.043693% 0.000000% 0.000000% 0.000000% 0.043693% 90 Days 0.201478% 0.000000% 0.033580% 0.000000% 0.235057% 0.084901% 0.000000% 0.031374% 0.000000% 0.116275% 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 1.108126% 0.067159% 0.067159% 0.000000% 1.242445% 1.246317% 0.045140% 0.099961% 0.000000% 1.391418% 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 1 0 0 0 1 447,737.59 0.00 0.00 0.00 447,737.59 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 1 447,737.59 0.00 0.00 0.00 447,737.59 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.980392% 0.000000% 0.000000% 0.000000% 0.980392% 0.904707% 0.000000% 0.000000% 0.000000% 0.904707% 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 0.980392% 0.000000% 0.000000% 0.000000% 0.980392% 0.904707% 0.000000% 0.000000% 0.000000% 0.904707% 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 0 0 0 0.00 0.00 0.00 0.00 30 Days 14 0 0 0 14 1,553,175.40 0.00 0.00 0.00 1,553,175.40 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 14 0 0 0 14 1,553,175.40 0.00 0.00 0.00 1,553,175.40 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.651163% 0.000000% 0.000000% 0.000000% 0.651163% 0.663558% 0.000000% 0.000000% 0.000000% 0.663558% 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 0.651163% 0.000000% 0.000000% 0.000000% 0.651163% 0.663558% 0.000000% 0.000000% 0.000000% 0.663558%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 45,816.58
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 5.589375% Weighted Average Net Coupon 5.339375% Weighted Average Pass-Through Rate 5.335875% Weighted Average Maturity(Stepdown Calculation ) 351 Beginning Scheduled Collateral Loan Count 5,253 Number Of Loans Paid In Full 23 Ending Scheduled Collateral Loan Count 5,230 Beginning Scheduled Collateral Balance 706,357,395.94 Ending Scheduled Collateral Balance 700,702,618.23 Ending Actual Collateral Balance at 29-Feb-2004 702,029,260.46 Monthly P &I Constant 4,790,316.91 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 700,702,618.23 Scheduled Principal 1,500,236.79 Unscheduled Principal 4,154,540.92
Group Level Collateral Statement Group One Two Three Collateral Description Fixed 30 Year Fixed 30 Year Fixed 15 Year Weighted Average Coupon Rate 5.761159 5.858528 5.225338 Weighted Average Net Rate 5.511159 5.608528 4.975338 Weighted Average Maturity 349 351 168 Beginning Loan Count 2,994 103 2,156 Loans Paid In Full 16 1 6 Ending Loan Count 2,978 102 2,150 Beginning Scheduled Balance 420,812,659.52 50,000,718.14 235,544,018.28 Ending scheduled Balance 418,050,663.01 49,441,838.65 233,210,116.57 Record Date 02/29/2004 02/29/2004 02/29/2004 Principal And Interest Constant 2,495,659.74 298,049.18 1,996,607.99 Scheduled Principal 475,352.64 53,940.35 970,943.80 Unscheduled Principal 2,286,643.87 504,939.14 1,362,957.91 Scheduled Interest 2,020,307.10 244,108.83 1,025,664.19 Servicing Fees 87,669.27 10,416.81 49,071.68 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 1,227.37 145.84 686.96 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 1,931,410.46 233,546.18 975,905.55 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 5.507659 5.605028 4.971838
Group Level Collateral Statement Group Total Collateral Description Mixed Fixed Weighted Average Coupon Rate 5.589375 Weighted Average Net Rate 5.339375 Weighted Average Maturity 351 Beginning Loan Count 5,253 Loans Paid In Full 23 Ending Loan Count 5,230 Beginning Scheduled Balance 706,357,395.94 Ending scheduled Balance 700,702,618.23 Record Date 02/29/2004 Principal And Interest Constant 4,790,316.91 Scheduled Principal 1,500,236.79 Unscheduled Principal 4,154,540.92 Scheduled Interest 3,290,080.12 Servicing Fees 147,157.76 Master Servicing Fees 0.00 Trustee Fee 2,060.17 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 3,140,862.19 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 5.335875
Miscellaneous Reporting Group One CPR % Group One 6.336205% Senior % Group One 94.862919% Subordinate % Group One 5.137081% Senior Prepayment % Group One 100.000000% Subordinate Prepayment % Group One 0.000000% Group Two CPR % Group Two 11.479136% Senior % Group Two 95.004286% Subordinate % Group Two 4.995714% Senior Prepayment % Group Two 100.000000% Subordinate Prepayment % Group Two 0.000000% Group Three CPR % Group Three 6.753892% Senior % Group Three 97.738592% Subordinate % Group Three 2.261408% Senior Prepayment % Group Three 100.000000% Subordinate Prepayment % Group Three 0.000000%
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