-----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, PUYbEIcrxnPE08hZrsyk4BxZfGcPs/Qw15uIaur3nW+9hq4kRUYyhLk1/vc9l5n3 ZPi5mF7uY/H2bLboVdS0hQ== 0001056404-04-000266.txt : 20040112 0001056404-04-000266.hdr.sgml : 20040112 20040112080203 ACCESSION NUMBER: 0001056404-04-000266 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031226 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MORTGAGE PASS-THROUGH CERTIFICATES MLMI SERIES 2003-A5 CENTRAL INDEX KEY: 0001264956 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-106175-03 FILM NUMBER: 04519495 BUSINESS ADDRESS: STREET 1: 4LD FINANCIAL CENTER FLOOR 10 CITY: NEW YORK STATE: NY ZIP: 10281-1310 8-K 1 mlm03a05_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 26, 2003 MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2003-A05 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106175-03 54-2126399 Pooling and Servicing Agreement) (Commission 54-2126400 (State or other File Number) 54-2126401 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 December 26, 2003 a distribution was made to holders of MERRILL LYNCH MORTGAGE INVESTORS, INC., Mortgage Pass-Through Certificates, Series 2003-A05 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-A05 Trust, relating to the December 26, 2003 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. MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2003-A05 Trust By: Wells Fargo Bank Minnesota, N.A. as Master Servicer By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 1/2/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-A05 Trust, relating to the December 26, 2003 distribution. EX-99.1
Merrill Lynch Mortgage Loans, Inc. Mortgage Pass-Through Certificates Record Date: 11/30/03 Distribution Date: 12/26/03 MLM Series: 2003-A05 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, 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 5899293M8 SEN 3.98944% 89,216,189.61 296,602.40 1,697,124.00 II-A-1 5899293N6 SEN 1.58800% 88,626,749.47 117,282.73 5,530,698.08 II-A-2 5899593P1 SEN 2.50100% 41,034,000.00 85,521.69 0.00 II-A-3 5899293Q9 SEN 3.24600% 73,433,000.00 198,636.26 0.00 II-A-4 5899293R7 SEN 3.78600% 50,700,000.00 159,958.50 0.00 II-A-5 5899293S5 SEN 4.19800% 46,899,494.12 164,070.06 0.00 II-A-6 3899293T3 SEN 4.08600% 123,887,850.00 421,838.13 0.00 II-A-7 5899293U0 SEN 4.08600% 3,716,654.88 12,655.21 0.00 II-A-IO 5899293V8 SEN 1.45309% 0.00 518,629.54 0.00 M-1 5899293W6 SUB 4.57915% 5,759,240.29 21,977.02 3,396.28 M-2 5899293X4 SUB 4.57915% 4,387,849.92 16,743.85 2,587.55 M-3 5899293Y2 SUB 4.57915% 3,017,458.36 11,514.49 1,779.42 B-1 589929Z94 SUB 4.57915% 822,035.17 3,136.85 484.76 B-2 5899294A3 SUB 4.57915% 823,033.99 3,140.66 485.35 B-3 5899294B1 SUB 4.57915% 1,646,535.51 6,283.11 970.98 R-I 5899294C9 SEN 0.00000% 0.00 0.00 0.00 R-II 5899294D7 SEN 0.00000% 0.00 0.00 0.00 R-III 5899294E5 SEN 0.00000% 0.00 0.00 0.00 Totals 533,970,091.32 2,037,990.50 7,237,526.42
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 87,519,065.61 1,993,726.40 0.00 II-A-1 0.00 83,096,051.39 5,647,980.81 0.00 II-A-2 0.00 41,034,000.00 85,521.69 0.00 II-A-3 0.00 73,433,000.00 198,636.26 0.00 II-A-4 0.00 50,700,000.00 159,958.50 0.00 II-A-5 0.00 46,899,494.12 164,070.06 0.00 II-A-6 0.00 123,887,850.00 421,838.13 0.00 II-A-7 0.00 3,716,654.88 12,655.21 0.00 II-A-IO 0.00 0.00 518,629.54 0.00 M-1 0.00 5,755,844.02 25,373.30 0.00 M-2 0.00 4,385,262.36 19,331.40 0.00 M-3 0.00 3,015,678.94 13,293.91 0.00 B-1 0.00 821,550.40 3,621.61 0.00 B-2 0.00 822,548.64 3,626.01 0.00 B-3 0.00 1,645,564.53 7,254.09 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 Totals 0.00 526,732,564.89 9,275,516.92 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 92,562,000.00 89,216,189.61 87,094.14 1,610,029.86 0.00 0.00 II-A-1 100,461,000.00 88,626,749.47 217,787.15 5,312,910.93 0.00 0.00 II-A-2 41,034,000.00 41,034,000.00 0.00 0.00 0.00 0.00 II-A-3 73,433,000.00 73,433,000.00 0.00 0.00 0.00 0.00 II-A-4 50,700,000.00 50,700,000.00 0.00 0.00 0.00 0.00 II-A-5 46,899,494.12 46,899,494.12 0.00 0.00 0.00 0.00 II-A-6 123,887,850.00 123,887,850.00 0.00 0.00 0.00 0.00 II-A-7 3,716,654.88 3,716,654.88 0.00 0.00 0.00 0.00 II-A-IO 0.00 0.00 0.00 0.00 0.00 0.00 M-1 5,766,000.00 5,759,240.29 3,396.28 0.00 0.00 0.00 M-2 4,393,000.00 4,387,849.92 2,587.55 0.00 0.00 0.00 M-3 3,021,000.00 3,017,458.36 1,779.42 0.00 0.00 0.00 B-1 823,000.00 822,035.17 484.76 0.00 0.00 0.00 B-2 824,000.00 823,033.99 485.35 0.00 0.00 0.00 B-3 1,648,468.07 1,646,535.51 970.98 0.00 0.00 0.00 R-I 0.00 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 0.00 Totals 549,169,467.07 533,970,091.32 314,585.63 6,922,940.79 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 1,697,124.00 87,519,065.61 0.94551831 1,697,124.00 II-A-1 5,530,698.08 83,096,051.39 0.82714736 5,530,698.08 II-A-2 0.00 41,034,000.00 1.00000000 0.00 II-A-3 0.00 73,433,000.00 1.00000000 0.00 II-A-4 0.00 50,700,000.00 1.00000000 0.00 II-A-5 0.00 46,899,494.12 1.00000000 0.00 II-A-6 0.00 123,887,850.00 1.00000000 0.00 II-A-7 0.00 3,716,654.88 1.00000000 0.00 II-A-IO 0.00 0.00 0.00000000 0.00 M-1 3,396.28 5,755,844.02 0.99823864 3,396.28 M-2 2,587.55 4,385,262.36 0.99823864 2,587.55 M-3 1,779.42 3,015,678.94 0.99823864 1,779.42 B-1 484.76 821,550.40 0.99823864 484.76 B-2 485.35 822,548.64 0.99823864 485.35 B-3 970.98 1,645,564.53 0.99823864 970.98 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 Totals 7,237,526.42 526,732,564.89 0.95914394 7,237,526.42
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 92,562,000.00 963.85330492 0.94092759 17.39406949 0.00000000 II-A-1 100,461,000.00 882.20055016 2.16787758 52.88530803 0.00000000 II-A-2 41,034,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-3 73,433,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-4 50,700,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-5 46,899,494.12 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-6 123,887,850.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-7 3,716,654.88 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M-1 5,766,000.00 998.82766042 0.58901838 0.00000000 0.00000000 M-2 4,393,000.00 998.82766219 0.58901662 0.00000000 0.00000000 M-3 3,021,000.00 998.82765972 0.58901688 0.00000000 0.00000000 B-1 823,000.00 998.82766707 0.58901580 0.00000000 0.00000000 B-2 824,000.00 998.82765777 0.58901699 0.00000000 0.00000000 B-3 1,648,468.07 998.82766307 0.58901960 0.00000000 0.00000000 R-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 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 I-A 0.00000000 18.33499708 945.51830784 0.94551831 18.33499708 II-A-1 0.00000000 55.05318561 827.14736455 0.82714736 55.05318561 II-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M-1 0.00000000 0.58901838 998.23864377 0.99823864 0.58901838 M-2 0.00000000 0.58901662 998.23864330 0.99823864 0.58901662 M-3 0.00000000 0.58901688 998.23864283 0.99823864 0.58901688 B-1 0.00000000 0.58901580 998.23863913 0.99823864 0.58901580 B-2 0.00000000 0.58901699 998.23864078 0.99823864 0.58901699 B-3 0.00000000 0.58901960 998.23864347 0.99823864 0.58901960 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 (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 92,562,000.00 3.98944% 89,216,189.61 296,602.40 0.00 0.00 II-A-1 100,461,000.00 1.58800% 88,626,749.47 117,282.73 0.00 0.00 II-A-2 41,034,000.00 2.50100% 41,034,000.00 85,521.70 0.00 0.00 II-A-3 73,433,000.00 3.24600% 73,433,000.00 198,636.27 0.00 0.00 II-A-4 50,700,000.00 3.78600% 50,700,000.00 159,958.50 0.00 0.00 II-A-5 46,899,494.12 4.19800% 46,899,494.12 164,070.06 0.00 0.00 II-A-6 123,887,850.00 4.08600% 123,887,850.00 421,838.13 0.00 0.00 II-A-7 3,716,654.88 4.08600% 3,716,654.88 12,655.21 0.00 0.00 II-A-IO 0.00 1.45309% 428,297,749.44 518,629.54 0.00 0.00 M-1 5,766,000.00 4.57915% 5,759,240.29 21,977.02 0.00 0.00 M-2 4,393,000.00 4.57915% 4,387,849.92 16,743.85 0.00 0.00 M-3 3,021,000.00 4.57915% 3,017,458.36 11,514.49 0.00 0.00 B-1 823,000.00 4.57915% 822,035.17 3,136.85 0.00 0.00 B-2 824,000.00 4.57915% 823,033.99 3,140.66 0.00 0.00 B-3 1,648,468.07 4.57915% 1,646,535.51 6,283.11 0.00 0.00 R-I 0.00 0.00000% 0.00 0.00 0.00 0.00 R-II 0.00 0.00000% 0.00 0.00 0.00 0.00 R-III 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 549,169,467.07 2,037,990.52 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 I-A 0.00 0.00 296,602.40 0.00 87,519,065.61 II-A-1 0.00 0.00 117,282.73 0.00 83,096,051.39 II-A-2 0.00 0.00 85,521.69 0.00 41,034,000.00 II-A-3 0.00 0.00 198,636.26 0.00 73,433,000.00 II-A-4 0.00 0.00 159,958.50 0.00 50,700,000.00 II-A-5 0.00 0.00 164,070.06 0.00 46,899,494.12 II-A-6 0.00 0.00 421,838.13 0.00 123,887,850.00 II-A-7 0.00 0.00 12,655.21 0.00 3,716,654.88 II-A-IO 0.00 0.00 518,629.54 0.00 422,767,051.35 M-1 0.00 0.00 21,977.02 0.00 5,755,844.02 M-2 0.00 0.00 16,743.85 0.00 4,385,262.36 M-3 0.00 0.00 11,514.49 0.00 3,015,678.94 B-1 0.00 0.00 3,136.85 0.00 821,550.40 B-2 0.00 0.00 3,140.66 0.00 822,548.64 B-3 0.00 0.00 6,283.11 0.00 1,645,564.53 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 Totals 0.00 0.00 2,037,990.50 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 I-A 92,562,000.00 3.98944% 963.85330492 3.20436464 0.00000000 0.00000000 II-A-1 100,461,000.00 1.58800% 882.20055016 1.16744538 0.00000000 0.00000000 II-A-2 41,034,000.00 2.50100% 1000.00000000 2.08416679 0.00000000 0.00000000 II-A-3 73,433,000.00 3.24600% 1000.00000000 2.70500007 0.00000000 0.00000000 II-A-4 50,700,000.00 3.78600% 1000.00000000 3.15500000 0.00000000 0.00000000 II-A-5 46,899,494.12 4.19800% 1000.00000000 3.49833326 0.00000000 0.00000000 II-A-6 123,887,850.00 4.08600% 1000.00000000 3.40500001 0.00000000 0.00000000 II-A-7 3,716,654.88 4.08600% 1000.00000000 3.40500004 0.00000000 0.00000000 II-A-IO 0.00 1.45309% 973.11204239 1.17835000 0.00000000 0.00000000 M-1 5,766,000.00 4.57915% 998.82766042 3.81148456 0.00000000 0.00000000 M-2 4,393,000.00 4.57915% 998.82766219 3.81148418 0.00000000 0.00000000 M-3 3,021,000.00 4.57915% 998.82765972 3.81148295 0.00000000 0.00000000 B-1 823,000.00 4.57915% 998.82766707 3.81148238 0.00000000 0.00000000 B-2 824,000.00 4.57915% 998.82765777 3.81148058 0.00000000 0.00000000 B-3 1,648,468.07 4.57915% 998.82766307 3.81148420 0.00000000 0.00000000 R-I 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00 0.00000% 0.00000000 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 I-A 0.00000000 0.00000000 3.20436464 0.00000000 945.51830784 II-A-1 0.00000000 0.00000000 1.16744538 0.00000000 827.14736455 II-A-2 0.00000000 0.00000000 2.08416654 0.00000000 1000.00000000 II-A-3 0.00000000 0.00000000 2.70499993 0.00000000 1000.00000000 II-A-4 0.00000000 0.00000000 3.15500000 0.00000000 1000.00000000 II-A-5 0.00000000 0.00000000 3.49833326 0.00000000 1000.00000000 II-A-6 0.00000000 0.00000000 3.40500001 0.00000000 1000.00000000 II-A-7 0.00000000 0.00000000 3.40500004 0.00000000 1000.00000000 II-A-IO 0.00000000 0.00000000 1.17835000 0.00000000 960.54604380 M-1 0.00000000 0.00000000 3.81148456 0.00000000 998.23864377 M-2 0.00000000 0.00000000 3.81148418 0.00000000 998.23864330 M-3 0.00000000 0.00000000 3.81148295 0.00000000 998.23864283 B-1 0.00000000 0.00000000 3.81148238 0.00000000 998.23863913 B-2 0.00000000 0.00000000 3.81148058 0.00000000 998.23864078 B-3 0.00000000 0.00000000 3.81148420 0.00000000 998.23864347 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 (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 9,365,898.64 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 20,862.05 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 9,386,760.69 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 111,243.77 Payment of Interest and Principal 9,275,516.92 Total Withdrawals (Pool Distribution Amount) 9,386,760.69 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 111,243.77 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 111,243.77
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 9 0 0 0 9 4,584,814.80 0.00 0.00 0.00 4,584,814.80 60 Days 2 0 0 0 2 359,000.00 0.00 0.00 0.00 359,000.00 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 11 0 0 0 11 4,943,814.80 0.00 0.00 0.00 4,943,814.80 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 0.727567% 0.000000% 0.000000% 0.000000% 0.727567% 0.870011% 0.000000% 0.000000% 0.000000% 0.870011% 60 Days 0.161681% 0.000000% 0.000000% 0.000000% 0.161681% 0.068124% 0.000000% 0.000000% 0.000000% 0.068124% 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 0.889248% 0.000000% 0.000000% 0.000000% 0.889248% 0.938135% 0.000000% 0.000000% 0.000000% 0.938135%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 1,105,558.94 0.00 0.00 0.00 1,105,558.94 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 1,105,558.94 0.00 0.00 0.00 1,105,558.94 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.913242% 0.000000% 0.000000% 0.000000% 0.913242% 1.222265% 0.000000% 0.000000% 0.000000% 1.222265% 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 0.913242% 0.000000% 0.000000% 0.000000% 0.913242% 1.222265% 0.000000% 0.000000% 0.000000% 1.222265% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 7 0 0 0 7 3,479,255.86 0.00 0.00 0.00 3,479,255.86 60 Days 2 0 0 0 2 359,000.00 0.00 0.00 0.00 359,000.00 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 9 0 0 0 9 3,838,255.86 0.00 0.00 0.00 3,838,255.86 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.687623% 0.000000% 0.000000% 0.000000% 0.687623% 0.797022% 0.000000% 0.000000% 0.000000% 0.797022% 60 Days 0.196464% 0.000000% 0.000000% 0.000000% 0.196464% 0.082239% 0.000000% 0.000000% 0.000000% 0.082239% 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 0.884086% 0.000000% 0.000000% 0.000000% 0.884086% 0.879262% 0.000000% 0.000000% 0.000000% 0.879262%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 20,862.05
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 101,052.00 0.01840088% 101,052.00 0.01918469% Fraud 6,491,694.00 1.18209303% 6,491,694.00 1.23244592% Special Hazard 5,584,935.00 1.01697843% 5,584,935.00 1.06029803% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 4.830010% Weighted Average Net Coupon 4.580010% Weighted Average Pass-Through Rate 4.580010% Weighted Average Maturity(Stepdown Calculation ) 353 Beginning Scheduled Collateral Loan Count 1,255 Number Of Loans Paid In Full 18 Ending Scheduled Collateral Loan Count 1,237 Beginning Scheduled Collateral Balance 533,970,092.27 Ending Scheduled Collateral Balance 526,732,565.85 Ending Actual Collateral Balance at 30-Nov-2003 526,983,422.45 Monthly P &I Constant 2,463,819.93 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 526,732,565.85 Scheduled Principal 314,585.63 Unscheduled Principal 6,922,940.79
Group Level Collateral Statement Group Group 1 Group 2 Total Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 4.239443 4.953061 4.830010 Weighted Average Net Rate 3.989443 4.703061 4.580010 Weighted Average Maturity 352 353 353 Beginning Loan Count 224 1,031 1,255 Loans Paid In Full 5 13 18 Ending Loan Count 219 1,018 1,237 Beginning Scheduled Balance 92,073,609.74 441,896,482.53 533,970,092.27 Ending scheduled Balance 90,373,696.28 436,358,869.57 526,732,565.85 Record Date 11/30/2003 11/30/2003 11/30/2003 Principal And Interest Constant 415,167.60 2,048,652.33 2,463,819.93 Scheduled Principal 89,883.60 224,702.03 314,585.63 Unscheduled Principal 1,610,029.86 5,312,910.93 6,922,940.79 Scheduled Interest 325,284.00 1,823,950.30 2,149,234.30 Servicing Fees 19,182.00 92,061.77 111,243.77 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 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 306,102.00 1,731,888.53 2,037,990.53 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 3.989443 4.703061 4.580010
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