-----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, U/rOQPSzCvwrrN4Ub5IEmkRYN05EzfrRp17W8YMcXTuUBfCq8y1E7hvRTxXpZoJN zUZADPtEg6AfpgSVtSC/XA== 0001056404-03-002114.txt : 20031110 0001056404-03-002114.hdr.sgml : 20031110 20031110101730 ACCESSION NUMBER: 0001056404-03-002114 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031027 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STRUCTURED ASSET MORT INV II INC BEAR STEARNS ARM TRUST 03-7 CENTRAL INDEX KEY: 0001265484 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: 333-106323-02 FILM NUMBER: 03986926 BUSINESS ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10179 8-K 1 bst03007.txt OCTOBER 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): October 27, 2003 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2003-7 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106323-02 54-2126373 Pooling and Servicing Agreement) (Commission 54-2126374 (State or other File Number) 54-2126375 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank Minnesota, 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 October 27, 2003 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2003-7 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 2003-7 Trust, relating to the October 27, 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. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2003-7 Trust By: Wells Fargo Bank Minnesota, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 11/6/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-7 Trust, relating to the October 27, 2003 distribution. EX-99.1
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 9/30/03 Distribution Date: 10/27/03 BST Series: 2003-7 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 07384MYQ9 SEN 3.82000% 36,003,600.00 114,611.43 43,216.58 I-X 07384MZM7 SEN 0.22900% 0.00 6,870.69 0.00 II-A 07384MYR7 SEN 4.63504% 127,843,400.00 493,799.53 734,860.80 III-A 07384MYS5 SEN 4.93832% 46,454,700.00 191,173.57 434,055.09 IV-A 07384MYT3 SEN 4.99993% 244,681,900.00 1,019,492.92 665,257.37 IV-AM 07384MYU0 SEN 4.99993% 44,895,700.00 187,062.66 23,652.43 V-A 07384MYV8 SEN 3.90402% 54,818,000.00 178,342.17 71,330.88 V-X 07384MZP0 SEN 0.03700% 0.00 1,690.22 0.00 VI-A 07384MYW6 SEN 4.82311% 281,148,900.00 1,130,009.38 2,704,011.89 VII-A 07384MYX4 SEN 4.90679% 48,923,900.00 200,049.60 526,038.40 VIII-A 07384MYY2 SEN 4.83068% 39,977,100.00 160,930.48 323,435.39 IX-A 07384MYZ9 SEN 4.87071% 203,331,400.00 825,306.51 163,740.64 B-1 07384MZC9 SUB 4.79683% 15,157,700.00 60,590.75 7,640.94 B-2 07384MZD7 SUB 4.79683% 9,327,700.00 37,286.15 4,702.06 B-3 07384MZE5 SUB 4.79683% 5,246,800.00 20,973.34 2,644.89 B-4 07384MZF2 SUB 4.79683% 2,915,100.00 11,652.70 1,469.49 B-5 07384MZG0 SUB 4.79683% 2,331,900.00 9,321.44 1,175.50 B-6 07384MZH8 SUB 4.79683% 2,915,387.83 11,653.85 1,469.64 R-I 07384MZA3 SEN 3.94102% 100.00 0.33 100.00 R-II 07384MZB1 SEN 3.94102% 50.00 0.16 50.00 R-III 07384MZN5 SEN 3.94102% 50.00 0.31 50.00 Totals 1,165,973,387.83 4,660,818.19 5,708,901.99
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 35,960,383.42 157,828.01 0.00 I-X 0.00 0.00 6,870.69 0.00 II-A 0.00 127,108,539.20 1,228,660.33 0.00 III-A 0.00 46,020,644.91 625,228.66 0.00 IV-A 0.00 244,016,642.63 1,684,750.29 0.00 IV-AM 0.00 44,872,047.57 210,715.09 0.00 V-A 0.00 54,746,669.12 249,673.05 0.00 V-X 0.00 0.00 1,690.22 0.00 VI-A 0.00 278,444,888.11 3,834,021.27 0.00 VII-A 0.00 48,397,861.60 726,088.00 0.00 VIII-A 0.00 39,653,664.61 484,365.87 0.00 IX-A 0.00 203,167,659.36 989,047.15 0.00 B-1 0.00 15,150,059.06 68,231.69 0.00 B-2 0.00 9,322,997.94 41,988.21 0.00 B-3 0.00 5,244,155.11 23,618.23 0.00 B-4 0.00 2,913,630.51 13,122.19 0.00 B-5 0.00 2,330,724.50 10,496.94 0.00 B-6 0.00 2,913,918.19 13,123.49 0.00 R-I 0.00 0.00 100.33 0.00 R-II 0.00 0.00 50.16 0.00 R-III 0.00 0.00 50.31 0.00 Totals 0.00 1,160,264,485.84 10,369,720.18 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 36,003,600.00 36,003,600.00 37,361.85 5,854.73 0.00 0.00 I-X 0.00 0.00 0.00 0.00 0.00 0.00 II-A 127,843,400.00 127,843,400.00 5,020.31 729,840.49 0.00 0.00 III-A 46,454,700.00 46,454,700.00 24,044.47 410,010.62 0.00 0.00 IV-A 244,681,900.00 244,681,900.00 147,320.55 517,936.83 0.00 0.00 IV-AM 44,895,700.00 44,895,700.00 5,237.81 18,414.62 0.00 0.00 V-A 54,818,000.00 54,818,000.00 65,835.20 5,495.68 0.00 0.00 V-X 0.00 0.00 0.00 0.00 0.00 0.00 VI-A 281,148,900.00 281,148,900.00 148,735.06 2,555,276.83 0.00 0.00 VII-A 48,923,900.00 48,923,900.00 12,322.62 513,715.78 0.00 0.00 VIII-A 39,977,100.00 39,977,100.00 6,017.00 317,418.39 0.00 0.00 IX-A 203,331,400.00 203,331,400.00 116,579.83 47,160.81 0.00 0.00 B-1 15,157,700.00 15,157,700.00 7,640.94 0.00 0.00 0.00 B-2 9,327,700.00 9,327,700.00 4,702.06 0.00 0.00 0.00 B-3 5,246,800.00 5,246,800.00 2,644.89 0.00 0.00 0.00 B-4 2,915,100.00 2,915,100.00 1,469.49 0.00 0.00 0.00 B-5 2,331,900.00 2,331,900.00 1,175.50 0.00 0.00 0.00 B-6 2,915,387.83 2,915,387.83 1,469.64 0.00 0.00 0.00 R-I 100.00 100.00 92.30 7.70 0.00 0.00 R-II 50.00 50.00 46.15 3.85 0.00 0.00 R-III 50.00 50.00 46.15 3.85 0.00 0.00 Totals 1,165,973,387.83 1,165,973,387.83 587,761.82 5,121,140.18 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 43,216.58 35,960,383.42 0.99879966 43,216.58 I-X 0.00 0.00 0.00000000 0.00 II-A 734,860.80 127,108,539.20 0.99425187 734,860.80 III-A 434,055.09 46,020,644.91 0.99065638 434,055.09 IV-A 665,257.37 244,016,642.63 0.99728113 665,257.37 IV-AM 23,652.43 44,872,047.57 0.99947317 23,652.43 V-A 71,330.88 54,746,669.12 0.99869877 71,330.88 V-X 0.00 0.00 0.00000000 0.00 VI-A 2,704,011.89 278,444,888.11 0.99038228 2,704,011.89 VII-A 526,038.40 48,397,861.60 0.98924782 526,038.40 VIII-A 323,435.39 39,653,664.61 0.99190948 323,435.39 IX-A 163,740.64 203,167,659.36 0.99919471 163,740.64 B-1 7,640.94 15,150,059.06 0.99949590 7,640.94 B-2 4,702.06 9,322,997.94 0.99949590 4,702.06 B-3 2,644.89 5,244,155.11 0.99949590 2,644.89 B-4 1,469.49 2,913,630.51 0.99949590 1,469.49 B-5 1,175.50 2,330,724.50 0.99949590 1,175.50 B-6 1,469.64 2,913,918.19 0.99949590 1,469.64 R-I 100.00 0.00 0.00000000 100.00 R-II 50.00 0.00 0.00000000 50.00 R-III 50.00 0.00 0.00000000 50.00 Totals 5,708,901.99 1,160,264,485.84 0.99510375 5,708,901.99
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 36,003,600.00 1000.00000000 1.03772539 0.16261513 0.00000000 I-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A 127,843,400.00 1000.00000000 0.03926922 5.70886327 0.00000000 III-A 46,454,700.00 1000.00000000 0.51758961 8.82603095 0.00000000 IV-A 244,681,900.00 1000.00000000 0.60209010 2.11677623 0.00000000 IV-AM 44,895,700.00 1000.00000000 0.11666618 0.41016445 0.00000000 V-A 54,818,000.00 1000.00000000 1.20097778 0.10025320 0.00000000 V-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 VI-A 281,148,900.00 1000.00000000 0.52902594 9.08869581 0.00000000 VII-A 48,923,900.00 1000.00000000 0.25187322 10.50030312 0.00000000 VIII-A 39,977,100.00 1000.00000000 0.15051117 7.94000540 0.00000000 IX-A 203,331,400.00 1000.00000000 0.57334888 0.23194062 0.00000000 B-1 15,157,700.00 1000.00000000 0.50409627 0.00000000 0.00000000 B-2 9,327,700.00 1000.00000000 0.50409640 0.00000000 0.00000000 B-3 5,246,800.00 1000.00000000 0.50409583 0.00000000 0.00000000 B-4 2,915,100.00 1000.00000000 0.50409591 0.00000000 0.00000000 B-5 2,331,900.00 1000.00000000 0.50409537 0.00000000 0.00000000 B-6 2,915,387.83 1000.00000000 0.50409760 0.00000000 0.00000000 R-I 100.00 1000.00000000 923.00000000 77.00000000 0.00000000 R-II 50.00 1000.00000000 923.00000000 77.00000000 0.00000000 R-III 50.00 1000.00000000 923.00000000 77.00000000 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 1.20034052 998.79965948 0.99879966 1.20034052 I-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A 0.00000000 5.74813248 994.25186752 0.99425187 5.74813248 III-A 0.00000000 9.34362056 990.65637944 0.99065638 9.34362056 IV-A 0.00000000 2.71886629 997.28113371 0.99728113 2.71886629 IV-AM 0.00000000 0.52683063 999.47316937 0.99947317 0.52683063 V-A 0.00000000 1.30123098 998.69876902 0.99869877 1.30123098 V-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 VI-A 0.00000000 9.61772175 990.38227825 0.99038228 9.61772175 VII-A 0.00000000 10.75217634 989.24782366 0.98924782 10.75217634 VIII-A 0.00000000 8.09051657 991.90948343 0.99190948 8.09051657 IX-A 0.00000000 0.80528949 999.19471051 0.99919471 0.80528949 B-1 0.00000000 0.50409627 999.49590373 0.99949590 0.50409627 B-2 0.00000000 0.50409640 999.49590360 0.99949590 0.50409640 B-3 0.00000000 0.50409583 999.49590417 0.99949590 0.50409583 B-4 0.00000000 0.50409591 999.49590409 0.99949590 0.50409591 B-5 0.00000000 0.50409537 999.49590463 0.99949590 0.50409537 B-6 0.00000000 0.50409760 999.49590240 0.99949590 0.50409760 R-I 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 R-II 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 R-III 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 (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 36,003,600.00 3.82000% 36,003,600.00 114,611.43 0.00 0.00 I-X 0.00 0.22900% 36,003,600.00 6,870.69 0.00 0.00 II-A 127,843,400.00 4.63504% 127,843,400.00 493,799.53 0.00 0.00 III-A 46,454,700.00 4.93832% 46,454,700.00 191,173.58 0.00 0.00 IV-A 244,681,900.00 4.99993% 244,681,900.00 1,019,492.92 0.00 0.00 IV-AM 44,895,700.00 4.99993% 44,895,700.00 187,062.66 0.00 0.00 V-A 54,818,000.00 3.90402% 54,818,000.00 178,342.17 0.00 0.00 V-X 0.00 0.03700% 54,818,000.00 1,690.22 0.00 0.00 VI-A 281,148,900.00 4.82311% 281,148,900.00 1,130,009.39 0.00 0.00 VII-A 48,923,900.00 4.90679% 48,923,900.00 200,049.60 0.00 0.00 VIII-A 39,977,100.00 4.83068% 39,977,100.00 160,930.48 0.00 0.00 IX-A 203,331,400.00 4.87071% 203,331,400.00 825,306.51 0.00 0.00 B-1 15,157,700.00 4.79683% 15,157,700.00 60,590.75 0.00 0.00 B-2 9,327,700.00 4.79683% 9,327,700.00 37,286.15 0.00 0.00 B-3 5,246,800.00 4.79683% 5,246,800.00 20,973.34 0.00 0.00 B-4 2,915,100.00 4.79683% 2,915,100.00 11,652.70 0.00 0.00 B-5 2,331,900.00 4.79683% 2,331,900.00 9,321.44 0.00 0.00 B-6 2,915,387.83 4.79683% 2,915,387.83 11,653.85 0.00 0.00 R-I 100.00 3.94102% 100.00 0.33 0.00 0.00 R-II 50.00 3.94102% 50.00 0.16 0.00 0.00 R-III 50.00 3.94102% 50.00 0.16 0.00 0.00 Totals 1,165,973,387.83 4,660,818.06 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 0.00 114,611.43 0.00 35,960,383.42 I-X 0.00 0.00 6,870.69 0.00 35,960,383.42 II-A 0.00 0.00 493,799.53 0.00 127,108,539.20 III-A 0.00 0.00 191,173.57 0.00 46,020,644.91 IV-A 0.00 0.00 1,019,492.92 0.00 244,016,642.63 IV-AM 0.00 0.00 187,062.66 0.00 44,872,047.57 V-A 0.00 0.00 178,342.17 0.00 54,746,669.12 V-X 0.00 0.00 1,690.22 0.00 54,746,669.12 VI-A 0.00 0.00 1,130,009.38 0.00 278,444,888.11 VII-A 0.00 0.00 200,049.60 0.00 48,397,861.60 VIII-A 0.00 0.00 160,930.48 0.00 39,653,664.61 IX-A 0.00 0.00 825,306.51 0.00 203,167,659.36 B-1 0.00 0.00 60,590.75 0.00 15,150,059.06 B-2 0.00 0.00 37,286.15 0.00 9,322,997.94 B-3 0.00 0.00 20,973.34 0.00 5,244,155.11 B-4 0.00 0.00 11,652.70 0.00 2,913,630.51 B-5 0.00 0.00 9,321.44 0.00 2,330,724.50 B-6 0.00 0.00 11,653.85 0.00 2,913,918.19 R-I 0.00 0.00 0.33 0.00 0.00 R-II 0.00 0.00 0.16 0.00 0.00 R-III 0.00 0.00 0.31 0.00 0.00 Totals 0.00 0.00 4,660,818.19 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 36,003,600.00 3.82000% 1000.00000000 3.18333250 0.00000000 0.00000000 I-X 0.00 0.22900% 1000.00000000 0.19083342 0.00000000 0.00000000 II-A 127,843,400.00 4.63504% 1000.00000000 3.86253440 0.00000000 0.00000000 III-A 46,454,700.00 4.93832% 1000.00000000 4.11526885 0.00000000 0.00000000 IV-A 244,681,900.00 4.99993% 1000.00000000 4.16660538 0.00000000 0.00000000 IV-AM 44,895,700.00 4.99993% 1000.00000000 4.16660527 0.00000000 0.00000000 V-A 54,818,000.00 3.90402% 1000.00000000 3.25335054 0.00000000 0.00000000 V-X 0.00 0.03700% 1000.00000000 0.03083330 0.00000000 0.00000000 VI-A 281,148,900.00 4.82311% 1000.00000000 4.01925595 0.00000000 0.00000000 VII-A 48,923,900.00 4.90679% 1000.00000000 4.08899536 0.00000000 0.00000000 VIII-A 39,977,100.00 4.83068% 1000.00000000 4.02556664 0.00000000 0.00000000 IX-A 203,331,400.00 4.87071% 1000.00000000 4.05892307 0.00000000 0.00000000 B-1 15,157,700.00 4.79683% 1000.00000000 3.99735778 0.00000000 0.00000000 B-2 9,327,700.00 4.79683% 1000.00000000 3.99735733 0.00000000 0.00000000 B-3 5,246,800.00 4.79683% 1000.00000000 3.99735839 0.00000000 0.00000000 B-4 2,915,100.00 4.79683% 1000.00000000 3.99735858 0.00000000 0.00000000 B-5 2,331,900.00 4.79683% 1000.00000000 3.99735838 0.00000000 0.00000000 B-6 2,915,387.83 4.79683% 1000.00000000 3.99735839 0.00000000 0.00000000 R-I 100.00 3.94102% 1000.00000000 3.30000000 0.00000000 0.00000000 R-II 50.00 3.94102% 1000.00000000 3.20000000 0.00000000 0.00000000 R-III 50.00 3.94102% 1000.00000000 3.20000000 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 3.18333250 0.00000000 998.79965948 I-X 0.00000000 0.00000000 0.19083342 0.00000000 998.79965948 II-A 0.00000000 0.00000000 3.86253440 0.00000000 994.25186752 III-A 0.00000000 0.00000000 4.11526864 0.00000000 990.65637944 IV-A 0.00000000 0.00000000 4.16660538 0.00000000 997.28113371 IV-AM 0.00000000 0.00000000 4.16660527 0.00000000 999.47316937 V-A 0.00000000 0.00000000 3.25335054 0.00000000 998.69876902 V-X 0.00000000 0.00000000 0.03083330 0.00000000 998.69876902 VI-A 0.00000000 0.00000000 4.01925592 0.00000000 990.38227825 VII-A 0.00000000 0.00000000 4.08899536 0.00000000 989.24782366 VIII-A 0.00000000 0.00000000 4.02556664 0.00000000 991.90948343 IX-A 0.00000000 0.00000000 4.05892307 0.00000000 999.19471051 B-1 0.00000000 0.00000000 3.99735778 0.00000000 999.49590373 B-2 0.00000000 0.00000000 3.99735733 0.00000000 999.49590360 B-3 0.00000000 0.00000000 3.99735839 0.00000000 999.49590417 B-4 0.00000000 0.00000000 3.99735858 0.00000000 999.49590409 B-5 0.00000000 0.00000000 3.99735838 0.00000000 999.49590463 B-6 0.00000000 0.00000000 3.99735839 0.00000000 999.49590240 R-I 0.00000000 0.00000000 3.30000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 3.20000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 6.20000000 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 10,627,884.61 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 20,776.31 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 10,648,660.92 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 278,940.74 Payment of Interest and Principal 10,369,720.18 Total Withdrawals (Pool Distribution Amount) 10,648,660.92 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 259,540.85 Additional Alliance Service Fee 14,296.75 Miscellaneous Fee 5,103.14 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 278,940.74
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 4,202,968.92 0.00 0.00 0.00 4,202,968.92 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 9 0 0 0 9 4,202,968.92 0.00 0.00 0.00 4,202,968.92 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 0.312826% 0.000000% 0.000000% 0.000000% 0.312826% 0.362097% 0.000000% 0.000000% 0.000000% 0.362097% 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 0.312826% 0.000000% 0.000000% 0.000000% 0.312826% 0.362097% 0.000000% 0.000000% 0.000000% 0.362097%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I 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 1 400,001.00 0.00 0.00 0.00 400,001.00 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 1 0 0 0 1 400,001.00 0.00 0.00 0.00 400,001.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.351351% 0.000000% 0.000000% 0.000000% 1.351351% 1.075247% 0.000000% 0.000000% 0.000000% 1.075247% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.351351% 0.000000% 0.000000% 0.000000% 1.351351% 1.075247% 0.000000% 0.000000% 0.000000% 1.075247% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 492,075.00 0.00 0.00 0.00 492,075.00 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 2 0 0 0 2 492,075.00 0.00 0.00 0.00 492,075.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.348432% 0.000000% 0.000000% 0.000000% 0.348432% 0.374464% 0.000000% 0.000000% 0.000000% 0.374464% 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 0.348432% 0.000000% 0.000000% 0.000000% 0.348432% 0.374464% 0.000000% 0.000000% 0.000000% 0.374464% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group III 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 2 823,163.67 0.00 0.00 0.00 823,163.67 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 2 823,163.67 0.00 0.00 0.00 823,163.67 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.360544% 0.000000% 0.000000% 0.000000% 1.360544% 1.729226% 0.000000% 0.000000% 0.000000% 1.729226% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.360544% 0.000000% 0.000000% 0.000000% 1.360544% 1.729226% 0.000000% 0.000000% 0.000000% 1.729226% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group IV 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 Group V 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 1,570,775.44 0.00 0.00 0.00 1,570,775.44 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 1,570,775.44 0.00 0.00 0.00 1,570,775.44 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.351351% 0.000000% 0.000000% 0.000000% 1.351351% 2.772831% 0.000000% 0.000000% 0.000000% 2.772831% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.351351% 0.000000% 0.000000% 0.000000% 1.351351% 2.772831% 0.000000% 0.000000% 0.000000% 2.772831% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group VI 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 2 916,953.81 0.00 0.00 0.00 916,953.81 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 2 916,953.81 0.00 0.00 0.00 916,953.81 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.261780% 0.000000% 0.000000% 0.000000% 0.261780% 0.318374% 0.000000% 0.000000% 0.000000% 0.318374% 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 0.261780% 0.000000% 0.000000% 0.000000% 0.261780% 0.318374% 0.000000% 0.000000% 0.000000% 0.318374% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group VII 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 Group VIII 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 Group IX 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 20,776.31
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 1,129,969,787.83 96.91214229% 1,124,304,102.42 96.90067362% 96.735616% 0.000000% Class II-A 1,002,126,387.83 85.94762102% 997,195,563.22 85.94553875% 10.955135% 335.595803% Class III-A 955,671,687.83 81.96342202% 951,174,918.31 81.97914614% 3.966393% 121.505096% Class IV-A 710,989,787.83 60.97821749% 707,158,275.68 60.94802387% 21.031122% 644.260108% Class V-A 611,276,087.83 52.42624700% 607,539,558.99 52.36216108% 4.718465% 144.543809% Class B-1 22,737,087.83 1.95005204% 22,725,426.25 1.95864189% 1.305742% 39.999643% Class B-2 13,409,387.83 1.15005951% 13,402,428.31 1.15511838% 0.803524% 24.614861% Class B-3 8,162,587.83 0.70006639% 8,158,273.20 0.70313909% 0.451979% 13.845777% Class B-4 5,247,487.83 0.45005211% 5,244,642.69 0.45202131% 0.251118% 7.692655% Class B-5 2,915,587.83 0.25005612% 2,913,918.19 0.25114258% 0.200879% 6.153649% Class B-6 200.00 0.00001715% 0.00 0.00000000% 0.251143% 7.693415% Class R-I 100.00 0.00000858% 0.00 0.00000000% 0.000000% 0.000000% Class R-II 50.00 0.00000429% 0.00 0.00000000% 0.000000% 0.000000% Class R-III 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.083916% Weighted Average Net Coupon 4.816801% Weighted Average Pass-Through Rate 4.796835% Weighted Average Maturity(Stepdown Calculation ) 359 Beginning Scheduled Collateral Loan Count 2,889 Number Of Loans Paid In Full 12 Ending Scheduled Collateral Loan Count 2,877 Beginning Scheduled Collateral Balance 1,165,973,387.00 Ending Scheduled Collateral Balance 1,160,264,485.72 Ending Actual Collateral Balance at 30-Sep-2003 1,160,728,974.80 Monthly P &I Constant 5,361,944.46 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 10,199,139.31 Ending Scheduled Balance for Premium Loans 1,160,264,485.72 Scheduled Principal 587,761.81 Unscheduled Principal 5,121,140.19
Group Level Collateral Statement Group Group I Group II Group III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.328780 4.916332 5.270752 Weighted Average Net Rate 4.086726 4.682435 4.944429 Weighted Average Maturity 359 358 357 Beginning Loan Count 74 577 148 Loans Paid In Full 0 3 1 Ending Loan Count 74 574 147 Beginning Scheduled Balance 37,214,038.00 132,137,915.00 48,015,274.00 Ending scheduled Balance 37,168,574.44 131,402,885.38 47,580,411.39 Record Date 09/30/2003 09/30/2003 09/30/2003 Principal And Interest Constant 170,166.17 546,550.47 235,749.39 Scheduled Principal 38,616.92 5,188.95 24,852.21 Unscheduled Principal 5,854.73 729,840.49 410,010.62 Scheduled Interest 134,239.25 541,361.52 210,897.18 Servicing Fees 7,506.51 25,755.49 13,057.10 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 1,169.77 5,218.78 244.33 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 125,562.97 510,387.25 197,595.75 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.048998 4.635041 4.938323
Group Level Collateral Statement Group Group IV Group V Group VI Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.269873 4.282029 5.128993 Weighted Average Net Rate 5.002824 4.101638 4.845940 Weighted Average Maturity 359 358 358 Beginning Loan Count 575 148 774 Loans Paid In Full 6 0 10 Ending Loan Count 569 148 764 Beginning Scheduled Balance 301,968,370.00 56,659,712.00 292,741,524.00 Ending scheduled Balance 298,611,044.91 56,585,963.07 287,884,264.51 Record Date 09/30/2003 09/30/2003 09/30/2003 Principal And Interest Constant 1,408,178.24 270,419.72 1,363,113.04 Scheduled Principal 157,683.09 68,237.60 153,731.38 Unscheduled Principal 536,351.45 5,511.09 2,555,276.83 Scheduled Interest 1,314,416.53 202,182.12 1,242,042.32 Servicing Fees 67,200.38 8,517.41 69,051.09 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 130.00 7,583.79 5,022.51 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 1,247,086.15 186,080.92 1,167,968.72 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.999926 3.941021 4.823107
Group Level Collateral Statement Group Group VII Group VIII Group IX Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.261031 5.205680 5.102779 Weighted Average Net Rate 4.906794 4.830680 4.872450 Weighted Average Maturity 356.00 358.00 360.00 Record Date 09/30/2003 09/30/2003 09/30/2003 Principal And Interest Constant 234,433.67 185,468.20 947,865.56 Beginning Loan Count 100 85 419 Loans Paid In Full 1 0 2 Ending Loan Count 99 85 417 Beginning Scheduled Balance 50,567,371.00 41,320,037.00 211,591,576.00 Ending Scheduled Balance 50,040,918.51 40,996,399.13 209,994,024.38 Scheduled Principal 12,736.57 6,219.13 120,495.96 Unscheduled Principal 513,715.78 317,418.39 47,160.81 Scheduled Interest 221,697.10 179,249.07 893,673.80 Servicing Fee 14,927.36 12,912.51 40,613.00 Master Servicing Fee 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 30.71 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 206,769.74 166,336.56 853,030.09 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.906794 4.830680 4.870708
Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 5.083916 Weighted Average Net Rate 4.816801 Weighted Average Maturity 359.00 Record Date 09/30/2003 Principal And Interest Constant 5,361,944.46 Beginning Loan Count 2,900 Loans Paid In Full 23 Ending Loan Count 2,877 Beginning Scheduled Balance 1,172,215,817.00 Ending Scheduled Balance 1,160,264,485.72 Scheduled Principal 587,761.81 Unscheduled Principal 5,121,140.19 Scheduled Interest 4,939,758.89 Servicing Fee 259,540.85 Master Servicing Fee 0.00 Trustee Fee 0.00 Fry Amount 0.00 Special Hazard Fee 0.00 Other Fee 19,399.89 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 4,660,818.15 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.00 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 4.796835
Miscellaneous Reporting Group Group I Avearge Loss Severity % Group I 0.000000% Senior Percentage Group I 96.749941% Senior Prep. Percentage Group I 100.000000% Subordinate Percentage Group I 3.250059% Subordinate Prep. Percentage Group I 0.000000% Group Group II Avearge Loss Severity % Group II 0.000000% Senior Percentage Group II 96.749975% Senior Prep. Percentage Group II 100.000000% Subordinate Percentage Group II 3.250025% Subordinate Prep. Percentage Group II 0.000000% Group Group III Avearge Loss Severity % Group III 0.000000% Senior Percentage Group III 96.749838% Senior Prep. Percentage Group III 100.000000% Subordinate Percentage Group III 3.250162% Subordinate Prep. Percentage Group III 0.000000%
Miscellaneous Reporting Group Group IV Avearge Loss Severity % Group IV 0.000000% Senior Percentage Group IV 96.749978% Senior Prep. Percentage Group IV 100.000000% Subordinate Percentage Group IV 3.250022% Subordinate Prep. Percentage Group IV 0.000000% Group Group V Avearge Loss Severity % Group V 0.000000% Senior Percentage Group V 96.749874% Senior Prep. Percentage Group V 100.000000% Subordinate Percentage Group V 3.250126% Subordinate Prep. Percentage Group V 0.000000% Group Group VI Avearge Loss Severity % Group VI 0.000000% Senior Percentage Group VI 96.749969% Senior Prep. Percentage Group VI 100.000000% Subordinate Percentage Group VI 3.250031% Subordinate Prep. Percentage Group VI 0.000000%
Miscellaneous Reporting Group Group VII Avearge Loss Severity % Group VII 0.000000% Senior Percentage Group VII 96.749938% Senior Prep. Percentage Group VII 100.000000% Subordinate Percentage Group VII 3.250062% Subordinate Prep. Percentage Group VII 0.000000% Group Group VIII Avearge Loss Severity % Group VIII 0.000000% Avearge Loss Severity % Group IX 0.000000% Senior Percentage Group VIII 96.749914% Senior Prep. Percentage Group VIII 100.000000% Subordinate Percentage Group VIII 3.250086% Subordinate Prep. Percentage Group VIII 0.000000% Group Group IX Senior Percentage Group IX 96.749987% Senior Prep. Percentage Group IX 100.000000% Subordinate Percentage Group IX 3.250013% Subordinate Prep. Percentage Group IX 0.000000%
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