-----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, Pe5iqT1x6Qhz/nnPJkG79gxa8+LmEuywzpL/O4D3GO0EMbLB/lnu7EoBSjsne/Vk PxmPu0Klggj0YKxak/72Jw== 0001056404-04-004251.txt : 20041203 0001056404-04-004251.hdr.sgml : 20041203 20041203144623 ACCESSION NUMBER: 0001056404-04-004251 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041126 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041203 DATE AS OF CHANGE: 20041203 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] IRS NUMBER: 000000000 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: 041183333 BUSINESS ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10179 8-K 1 bst03007_nov.txt NOVEMBER 8K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 26, 2004 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, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On November 26, 2004 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2003-7 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-7 Trust, relating to the November 26, 2004 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2003-7 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 11/30/2004 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 November 26, 2004 distribution. EX-99.1
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 10/31/2004 Distribution Date: 11/26/2004 BST Series: 2003-7 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 I-A 07384MYQ9 SEN 3.68504% 22,806,641.66 70,036.19 1,838,011.64 I-X 07384MZM7 SEN 0.22900% 0.00 4,352.27 0.00 II-A 07384MYR7 SEN 4.59093% 95,886,696.63 366,840.73 3,242,223.04 III-A 07384MYS5 SEN 4.93291% 36,992,775.70 152,068.26 1,115,144.84 IV-A 07384MYT3 SEN 4.95170% 200,608,607.54 827,794.27 3,878,692.65 IV-AM 07384MYU0 SEN 4.95170% 44,564,386.95 183,891.13 26,398.40 V-A 07384MYV8 SEN 3.85616% 44,652,561.69 143,489.62 53,491.42 V-X 07384MZP0 SEN 0.03700% 0.00 1,376.79 0.00 VI-A 07384MYW6 SEN 4.73022% 211,320,191.30 832,993.07 5,302,854.49 VII-A 07384MYX4 SEN 4.90319% 43,190,991.48 176,478.18 34,307.71 VIII-A 07384MYY2 SEN 4.80423% 36,875,942.38 147,633.60 15,836.82 IX-A 07384MYZ9 SEN 4.82654% 176,591,474.08 710,271.03 3,911,798.11 B-1 07384MZC9 SUB 4.74097% 15,013,318.41 59,314.77 8,218.00 B-2 07384MZD7 SUB 4.74097% 9,238,850.89 36,500.94 5,057.17 B-3 07384MZE5 SUB 4.74097% 5,196,822.67 20,531.66 2,844.64 B-4 07384MZF2 SUB 4.74097% 2,887,332.81 11,407.30 1,580.47 B-5 07384MZG0 SUB 4.74097% 2,309,687.96 9,125.14 1,264.28 B-6 07384MZH8 SUB 4.74097% 2,886,106.39 11,402.46 1,529.80 R-I 07384MZA3 SEN 3.92179% 0.00 0.00 0.00 R-II 07384MZB1 SEN 3.92179% 0.00 0.00 0.00 R-III 07384MZN5 SEN 3.92179% 0.00 0.00 0.00 Totals 951,022,388.54 3,765,507.41 19,439,253.48
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 20,968,630.03 1,908,047.83 0.00 I-X 0.00 0.00 4,352.27 0.00 II-A 0.00 92,644,473.58 3,609,063.77 0.00 III-A 0.00 35,877,630.86 1,267,213.10 0.00 IV-A 0.00 196,729,914.89 4,706,486.92 0.00 IV-AM 0.00 44,537,988.55 210,289.53 0.00 V-A 0.00 44,599,070.27 196,981.04 0.00 V-X 0.00 0.00 1,376.79 0.00 VI-A 0.00 206,017,336.81 6,135,847.56 0.00 VII-A 0.00 43,156,683.77 210,785.89 0.00 VIII-A 0.00 36,860,105.56 163,470.42 0.00 IX-A 0.00 172,679,675.97 4,622,069.14 0.00 B-1 0.00 15,005,100.41 67,532.77 0.00 B-2 0.00 9,233,793.72 41,558.11 0.00 B-3 0.00 5,193,978.03 23,376.30 0.00 B-4 0.00 2,885,752.34 12,987.77 0.00 B-5 0.00 2,308,423.68 10,389.42 0.00 B-6 0.00 2,884,576.59 12,932.26 1,512.00 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 0.00 931,583,135.06 23,204,760.89 1,512.00 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 22,806,641.66 27,141.55 1,810,870.09 0.00 0.00 I-X 0.00 0.00 0.00 0.00 0.00 0.00 II-A 127,843,400.00 95,886,696.63 4,647.30 3,237,575.74 0.00 0.00 III-A 46,454,700.00 36,992,775.70 18,389.74 1,096,755.10 0.00 0.00 IV-A 244,681,900.00 200,608,607.54 144,250.20 3,734,442.44 0.00 0.00 IV-AM 44,895,700.00 44,564,386.95 981.77 25,416.63 0.00 0.00 V-A 54,818,000.00 44,652,561.69 53,491.42 0.00 0.00 0.00 V-X 0.00 0.00 0.00 0.00 0.00 0.00 VI-A 281,148,900.00 211,320,191.30 115,465.59 5,187,388.90 0.00 0.00 VII-A 48,923,900.00 43,190,991.48 10,314.48 23,993.23 0.00 0.00 VIII-A 39,977,100.00 36,875,942.38 6,381.53 9,455.29 0.00 0.00 IX-A 203,331,400.00 176,591,474.08 117,934.58 3,793,863.53 0.00 0.00 B-1 15,157,700.00 15,013,318.41 8,218.00 0.00 0.00 0.00 B-2 9,327,700.00 9,238,850.89 5,057.17 0.00 0.00 0.00 B-3 5,246,800.00 5,196,822.67 2,844.64 0.00 0.00 0.00 B-4 2,915,100.00 2,887,332.81 1,580.47 0.00 0.00 0.00 B-5 2,331,900.00 2,309,687.96 1,264.28 0.00 0.00 0.00 B-6 2,915,387.83 2,886,106.39 1,529.80 0.00 0.00 0.00 R-I 100.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 R-III 50.00 0.00 0.00 0.00 0.00 0.00 Totals 1,165,973,387.83 951,022,388.54 519,492.52 18,919,760.95 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 1,838,011.64 20,968,630.03 0.58240370 1,838,011.64 I-X 0.00 0.00 0.00000000 0.00 II-A 3,242,223.04 92,644,473.58 0.72467154 3,242,223.04 III-A 1,115,144.84 35,877,630.86 0.77231434 1,115,144.84 IV-A 3,878,692.65 196,729,914.89 0.80402316 3,878,692.65 IV-AM 26,398.40 44,537,988.55 0.99203239 26,398.40 V-A 53,491.42 44,599,070.27 0.81358441 53,491.42 V-X 0.00 0.00 0.00000000 0.00 VI-A 5,302,854.49 206,017,336.81 0.73276949 5,302,854.49 VII-A 34,307.71 43,156,683.77 0.88211863 34,307.71 VIII-A 15,836.82 36,860,105.56 0.92203050 15,836.82 IX-A 3,911,798.11 172,679,675.97 0.84925238 3,911,798.11 B-1 8,218.00 15,005,100.41 0.98993254 8,218.00 B-2 5,057.17 9,233,793.72 0.98993254 5,057.17 B-3 2,844.64 5,193,978.03 0.98993254 2,844.64 B-4 1,580.47 2,885,752.34 0.98993254 1,580.47 B-5 1,264.28 2,308,423.68 0.98993254 1,264.28 B-6 1,529.80 2,884,576.59 0.98943151 1,529.80 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 19,439,253.48 931,583,135.06 0.79897461 19,439,253.48
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 36,003,600.00 633.45447844 0.75385656 50.29691725 0.00000000 I-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A 127,843,400.00 750.03243523 0.03635151 25.32454346 0.00000000 III-A 46,454,700.00 796.31933260 0.39586393 23.60913105 0.00000000 IV-A 244,681,900.00 819.87514213 0.58954177 15.26243846 0.00000000 IV-AM 44,895,700.00 992.62038347 0.02186780 0.56612615 0.00000000 V-A 54,818,000.00 814.56021179 0.97580028 0.00000000 0.00000000 V-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 VI-A 281,148,900.00 751.63086642 0.41069195 18.45068183 0.00000000 VII-A 48,923,900.00 882.81987904 0.21082702 0.49041941 0.00000000 VIII-A 39,977,100.00 922.42664876 0.15962964 0.23651766 0.00000000 IX-A 203,331,400.00 868.49091719 0.58001165 18.65852264 0.00000000 B-1 15,157,700.00 990.47470329 0.54216669 0.00000000 0.00000000 B-2 9,327,700.00 990.47470330 0.54216688 0.00000000 0.00000000 B-3 5,246,800.00 990.47470268 0.54216665 0.00000000 0.00000000 B-4 2,915,100.00 990.47470413 0.54216665 0.00000000 0.00000000 B-5 2,331,900.00 990.47470303 0.54216733 0.00000000 0.00000000 B-6 2,915,387.83 989.95624538 0.52473293 0.00000000 0.00000000 R-I 100.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 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 51.05077381 582.40370491 0.58240370 51.05077381 I-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A 0.00000000 25.36089497 724.67154018 0.72467154 25.36089497 III-A 0.00000000 24.00499497 772.31433762 0.77231434 24.00499497 IV-A 0.00000000 15.85198026 804.02316187 0.80402316 15.85198026 IV-AM 0.00000000 0.58799395 992.03238952 0.99203239 0.58799395 V-A 0.00000000 0.97580028 813.58441151 0.81358441 0.97580028 V-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 VI-A 0.00000000 18.86137378 732.76949264 0.73276949 18.86137378 VII-A 0.00000000 0.70124643 882.11863261 0.88211863 0.70124643 VIII-A 0.00000000 0.39614729 922.03050146 0.92203050 0.39614729 IX-A 0.00000000 19.23853428 849.25238291 0.84925238 19.23853428 B-1 0.00000000 0.54216669 989.93253660 0.98993254 0.54216669 B-2 0.00000000 0.54216688 989.93253642 0.98993254 0.54216688 B-3 0.00000000 0.54216665 989.93253602 0.98993254 0.54216665 B-4 0.00000000 0.54216665 989.93253748 0.98993254 0.54216665 B-5 0.00000000 0.54216733 989.93253570 0.98993254 0.54216733 B-6 0.00000000 0.52473293 989.43151244 0.98943151 0.52473293 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 36,003,600.00 3.68504% 22,806,641.66 70,036.19 0.00 0.00 I-X 0.00 0.22900% 22,806,641.66 4,352.27 0.00 0.00 II-A 127,843,400.00 4.59093% 95,886,696.63 366,840.73 0.00 0.00 III-A 46,454,700.00 4.93291% 36,992,775.70 152,068.26 0.00 0.00 IV-A 244,681,900.00 4.95170% 200,608,607.54 827,794.27 0.00 0.00 IV-AM 44,895,700.00 4.95170% 44,564,386.95 183,891.13 0.00 0.00 V-A 54,818,000.00 3.85616% 44,652,561.69 143,489.62 0.00 0.00 V-X 0.00 0.03700% 44,652,561.69 1,376.79 0.00 0.00 VI-A 281,148,900.00 4.73022% 211,320,191.30 832,993.07 0.00 0.00 VII-A 48,923,900.00 4.90319% 43,190,991.48 176,478.18 0.00 0.00 VIII-A 39,977,100.00 4.80423% 36,875,942.38 147,633.60 0.00 0.00 IX-A 203,331,400.00 4.82654% 176,591,474.08 710,271.03 0.00 0.00 B-1 15,157,700.00 4.74097% 15,013,318.41 59,314.77 0.00 0.00 B-2 9,327,700.00 4.74097% 9,238,850.89 36,500.94 0.00 0.00 B-3 5,246,800.00 4.74097% 5,196,822.67 20,531.66 0.00 0.00 B-4 2,915,100.00 4.74097% 2,887,332.81 11,407.30 0.00 0.00 B-5 2,331,900.00 4.74097% 2,309,687.96 9,125.14 0.00 0.00 B-6 2,915,387.83 4.74097% 2,886,106.39 11,402.46 0.00 0.00 R-I 100.00 3.92179% 0.00 0.00 0.00 0.00 R-II 50.00 3.92179% 0.00 0.00 0.00 0.00 R-III 50.00 3.92179% 0.00 0.00 0.00 0.00 Totals 1,165,973,387.83 3,765,507.41 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 70,036.19 0.00 20,968,630.03 I-X 0.00 0.00 4,352.27 0.00 20,968,630.03 II-A 0.00 0.00 366,840.73 0.00 92,644,473.58 III-A 0.00 0.00 152,068.26 0.00 35,877,630.86 IV-A 0.00 0.00 827,794.27 0.00 196,729,914.89 IV-AM 0.00 0.00 183,891.13 0.00 44,537,988.55 V-A 0.00 0.00 143,489.62 0.00 44,599,070.27 V-X 0.00 0.00 1,376.79 0.00 44,599,070.27 VI-A 0.00 0.00 832,993.07 0.00 206,017,336.81 VII-A 0.00 0.00 176,478.18 0.00 43,156,683.77 VIII-A 0.00 0.00 147,633.60 0.00 36,860,105.56 IX-A 0.00 0.00 710,271.03 0.00 172,679,675.97 B-1 0.00 0.00 59,314.77 0.00 15,005,100.41 B-2 0.00 0.00 36,500.94 0.00 9,233,793.72 B-3 0.00 0.00 20,531.66 0.00 5,193,978.03 B-4 0.00 0.00 11,407.30 0.00 2,885,752.34 B-5 0.00 0.00 9,125.14 0.00 2,308,423.68 B-6 0.00 0.00 11,402.46 0.00 2,884,576.59 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 3,765,507.41 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 3.68504% 633.45447844 1.94525520 0.00000000 0.00000000 I-X 0.00 0.22900% 633.45447844 0.12088430 0.00000000 0.00000000 II-A 127,843,400.00 4.59093% 750.03243523 2.86945380 0.00000000 0.00000000 III-A 46,454,700.00 4.93291% 796.31933260 3.27347416 0.00000000 0.00000000 IV-A 244,681,900.00 4.95170% 819.87514213 3.38314469 0.00000000 0.00000000 IV-AM 44,895,700.00 4.95170% 992.62038347 4.09596309 0.00000000 0.00000000 V-A 54,818,000.00 3.85616% 814.56021179 2.61756394 0.00000000 0.00000000 V-X 0.00 0.03700% 814.56021179 0.02511566 0.00000000 0.00000000 VI-A 281,148,900.00 4.73022% 751.63086642 2.96281817 0.00000000 0.00000000 VII-A 48,923,900.00 4.90319% 882.81987904 3.60719771 0.00000000 0.00000000 VIII-A 39,977,100.00 4.80423% 922.42664876 3.69295422 0.00000000 0.00000000 IX-A 203,331,400.00 4.82654% 868.49091719 3.49316943 0.00000000 0.00000000 B-1 15,157,700.00 4.74097% 990.47470329 3.91317746 0.00000000 0.00000000 B-2 9,327,700.00 4.74097% 990.47470330 3.91317688 0.00000000 0.00000000 B-3 5,246,800.00 4.74097% 990.47470268 3.91317756 0.00000000 0.00000000 B-4 2,915,100.00 4.74097% 990.47470413 3.91317622 0.00000000 0.00000000 B-5 2,331,900.00 4.74097% 990.47470303 3.91317810 0.00000000 0.00000000 B-6 2,915,387.83 4.74097% 989.95624538 3.91112972 0.00000000 0.00000000 R-I 100.00 3.92179% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 3.92179% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 3.92179% 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 1.94525520 0.00000000 582.40370491 I-X 0.00000000 0.00000000 0.12088430 0.00000000 582.40370491 II-A 0.00000000 0.00000000 2.86945380 0.00000000 724.67154018 III-A 0.00000000 0.00000000 3.27347416 0.00000000 772.31433762 IV-A 0.00000000 0.00000000 3.38314469 0.00000000 804.02316187 IV-AM 0.00000000 0.00000000 4.09596309 0.00000000 992.03238952 V-A 0.00000000 0.00000000 2.61756394 0.00000000 813.58441151 V-X 0.00000000 0.00000000 0.02511566 0.00000000 813.58441151 VI-A 0.00000000 0.00000000 2.96281817 0.00000000 732.76949264 VII-A 0.00000000 0.00000000 3.60719771 0.00000000 882.11863261 VIII-A 0.00000000 0.00000000 3.69295422 0.00000000 922.03050146 IX-A 0.00000000 0.00000000 3.49316943 0.00000000 849.25238291 B-1 0.00000000 0.00000000 3.91317746 0.00000000 989.93253660 B-2 0.00000000 0.00000000 3.91317688 0.00000000 989.93253642 B-3 0.00000000 0.00000000 3.91317756 0.00000000 989.93253602 B-4 0.00000000 0.00000000 3.91317622 0.00000000 989.93253748 B-5 0.00000000 0.00000000 3.91317810 0.00000000 989.93253570 B-6 0.00000000 0.00000000 3.91112972 0.00000000 989.43151244 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 23,215,809.26 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 43,542.86 Realized Loss (Gains, Subsequent Expenses & Recoveries) (50.00) Prepayment Penalties 0.00 Total Deposits 23,259,302.12 Withdrawals Reimbursement for Servicer Advances 37,297.14 Payment of Service Fee 17,194.11 Payment of Interest and Principal 23,204,810.87 Total Withdrawals (Pool Distribution Amount) 23,259,302.12 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 0.00 Additional Alliance Service Fee 12,483.42 Miscellaneous Fee 4,710.69 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 17,194.11
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 0 0 2 625,322.71 0.00 0.00 625,322.71 30 Days 20 2 0 0 22 6,923,048.76 750,081.68 0.00 0.00 7,673,130.44 60 Days 2 0 0 0 2 440,720.00 0.00 0.00 0.00 440,720.00 90 Days 2 0 0 0 2 534,502.17 0.00 0.00 0.00 534,502.17 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 1 0 0 0 1 183,920.00 0.00 0.00 0.00 183,920.00 180+ Days 0 0 0 2 2 0.00 0.00 0.00 743,994.88 743,994.88 Totals 25 4 0 2 31 8,082,190.93 1,375,404.39 0.00 743,994.88 10,201,590.20 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 0.085288% 0.000000% 0.000000% 0.085288% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.852878% 0.085288% 0.000000% 0.000000% 0.938166% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.085288% 0.000000% 0.000000% 0.000000% 0.085288% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.085288% 0.000000% 0.000000% 0.000000% 0.085288% 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 0.042644% 0.000000% 0.000000% 0.000000% 0.042644% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.085288% 0.085288% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.066098% 0.170576% 0.000000% 0.085288% 1.321962% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
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 1 298,596.61 0.00 0.00 0.00 298,596.61 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 1 1 0.00 0.00 0.00 634,813.40 634,813.40 Totals 1 0 0 1 2 298,596.61 0.00 0.00 634,813.40 933,410.01 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.127660% 0.000000% 0.000000% 0.000000% 2.127660% 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% 2.127660% 2.127660% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.127660% 0.000000% 0.000000% 2.127660% 4.255319% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 1 0 0 1 193,299.01 0.00 0.00 193,299.01 30 Days 5 1 0 0 6 1,158,427.64 263,081.68 0.00 0.00 1,421,509.32 60 Days 2 0 0 0 2 440,720.00 0.00 0.00 0.00 440,720.00 90 Days 1 0 0 0 1 106,297.75 0.00 0.00 0.00 106,297.75 120 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 1 1 0.00 0.00 0.00 109,181.48 109,181.48 Totals 8 2 0 1 11 1,705,445.39 456,380.69 0.00 109,181.48 2,271,007.56 0-29 Days 0.229885% 0.000000% 0.000000% 0.229885% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.149425% 0.229885% 0.000000% 0.000000% 1.379310% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.459770% 0.000000% 0.000000% 0.000000% 0.459770% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.229885% 0.000000% 0.000000% 0.000000% 0.229885% 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% 0.229885% 0.229885% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.839080% 0.459770% 0.000000% 0.229885% 2.528736% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 1 0 0 1 432,023.70 0.00 0.00 432,023.70 30 Days 3 0 0 0 3 687,292.37 0.00 0.00 0.00 687,292.37 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 3 1 0 0 4 687,292.37 432,023.70 0.00 0.00 1,119,316.07 0-29 Days 0.833333% 0.000000% 0.000000% 0.833333% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.500000% 0.000000% 0.000000% 0.000000% 2.500000% 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 2.500000% 0.833333% 0.000000% 0.000000% 3.333333% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 4 1 0 0 5 1,837,013.43 487,000.00 0.00 0.00 2,324,013.43 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 4 1 0 0 5 1,837,013.43 487,000.00 0.00 0.00 2,324,013.43 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.813008% 0.203252% 0.000000% 0.000000% 1.016260% 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 0.813008% 0.203252% 0.000000% 0.000000% 1.016260% 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 1 0 0 0 1 391,822.82 0.00 0.00 0.00 391,822.82 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 1 391,822.82 0.00 0.00 0.00 391,822.82 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.793651% 0.000000% 0.000000% 0.000000% 0.793651% 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 0.793651% 0.000000% 0.000000% 0.000000% 0.793651% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 3 0 0 0 3 1,203,427.10 0.00 0.00 0.00 1,203,427.10 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 1 0 0 0 1 428,204.42 0.00 0.00 0.00 428,204.42 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 1 0 0 0 1 183,920.00 0.00 0.00 0.00 183,920.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 5 0 0 0 5 1,815,551.52 0.00 0.00 0.00 1,815,551.52 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.510204% 0.000000% 0.000000% 0.000000% 0.510204% 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 0.170068% 0.000000% 0.000000% 0.000000% 0.170068% 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 0.170068% 0.000000% 0.000000% 0.000000% 0.170068% 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 0.850340% 0.000000% 0.000000% 0.000000% 0.850340% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 3 0 0 0 3 1,346,468.79 0.00 0.00 0.00 1,346,468.79 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 3 0 0 0 3 1,346,468.79 0.00 0.00 0.00 1,346,468.79 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.815217% 0.000000% 0.000000% 0.000000% 0.815217% 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 0.815217% 0.000000% 0.000000% 0.000000% 0.815217% 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 43,542.86
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 1,129,969,787.83 96.91214229% 910,614,505.04 50,503.00000000% 0.000000% 0.000000% Class II-A 1,002,126,387.83 85.94762102% 817,970,031.40 03,145.00000000% 7,358,000.000000% 246.975369% Class III-A 955,671,687.83 81.96342202% 782,092,400.52 40,059.00000000% 3,086,000.000000% 95.644033% Class IV-A 710,989,787.83 60.97821749% 585,362,485.72 48,570.00000000% 1,489,000.000000% 524.450530% Class V-A 611,276,087.83 52.42624700% 496,225,426.85 42,688.00000000% 7,027,000.000000% 118.893998% Class B-1 22,737,087.83 1.95005204% 22,506,524.36 52,436.00000000% 0,041,000.000000% 40.001201% Class B-2 13,409,387.83 1.15005951% 13,272,730.62 73,064.00000000% 9,372,000.000000% 24.615819% Class B-3 8,162,587.83 0.70006639% 8,078,752.68 75,261.00000000% 7,803,000.000000% 13.846316% Class B-4 5,247,487.83 0.45005211% 5,193,000.23 00,027.00000000% 5,234,000.000000% 7.692955% Class B-5 2,915,587.83 0.25005612% 2,884,576.54 57,659.00000000% 2,368,000.000000% 6.153889% Class B-6 200.00 0.00001715% 0.00 0.00000000% 7,659,000.000000% 7.689820% 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 0.000000% Weighted Average Net Coupon 4.773001% Weighted Average Pass-Through Rate 0.000000% Weighted Average Maturity(Stepdown Calculation ) 346 Beginning Scheduled Collateral Loan Count 2,395 Number Of Loans Paid In Full 50 Ending Scheduled Collateral Loan Count 2,345 Beginning Scheduled Collateral Balance 951,022,388.43 Ending Scheduled Collateral Balance 0.00 Ending Actual Collateral Balance at 31-Oct-2004 0.00 Monthly P &I Constant 4,522,615.75 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 50.00 Cumulative Realized Loss 1,562.00 Class A Optimal Amount 23,035,984.25 Ending Scheduled Balance for Premium Loans 931,583,084.97 Scheduled Principal 0.00 Unscheduled Principal 18,919,182.76
Group Level Collateral Statement Group Group I Group II Group III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.201246 4.873945 5.264872 Weighted Average Net Rate 3.951324 4.641121 4.939915 Weighted Average Maturity 346 345 344 Beginning Loan Count 50 449 125 Loans Paid In Full 3 14 5 Ending Loan Count 47 435 120 Beginning Scheduled Balance 23,998,942.24 100,146,717.39 38,543,250.29 Ending scheduled Balance 0.00 0.00 0.00 Record Date 10/31/2004 10/31/2004 10/31/2004 Principal And Interest Constant 112,581.69 411,611.79 188,264.92 Scheduled Principal 0.00 0.00 0.00 Unscheduled Principal 1,810,870.09 3,237,575.74 1,096,755.10 Scheduled Interest 0.00 0.00 0.00 Servicing Fees 0.00 0.00 0.00 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 745.63 4,198.16 225.12 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 0.00 0.00 0.00 Realized Loss Amount 0.00 50.00 0.00 Cumulative Realized Loss 0.00 1,562.00 0.00 Percentage of Cumulative Losses 0.0000 0.0012 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00
Group Level Collateral Statement Group Group IV Group V Group VI Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.237962 4.242684 5.050639 Weighted Average Net Rate 4.952884 4.067101 4.757008 Weighted Average Maturity 346 345 345 Beginning Loan Count 500 126 602 Loans Paid In Full 8 0 14 Ending Loan Count 492 126 588 Beginning Scheduled Balance 254,828,688.87 46,465,724.60 220,628,643.17 Ending scheduled Balance 0.00 0.00 0.00 Record Date 10/31/2004 10/31/2004 10/31/2004 Principal And Interest Constant 1,263,270.82 220,547.99 1,049,148.01 Scheduled Principal 0.00 0.00 0.00 Unscheduled Principal 3,759,859.07 (578.19) 5,187,388.90 Scheduled Interest 0.00 0.00 0.00 Servicing Fees 0.00 0.00 0.00 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 251.97 6,735.15 4,924.52 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 0.00 0.00 0.00 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
Group Level Collateral Statement Group Group VII Group VIII Group IX Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.258024 5.181826 5.078139 Weighted Average Net Rate 4.903194 4.806826 4.826738 Weighted Average Maturity 343.00 345.00 347.00 Record Date 10/31/2004 10/31/2004 10/31/2004 Principal And Interest Constant 207,133.72 171,637.84 898,418.97 Beginning Loan Count 89 80 374 Loans Paid In Full 0 0 6 Ending Loan Count 89 80 368 Beginning Scheduled Balance 44,829,311.34 38,216,113.42 183,364,997.11 Ending Scheduled Balance 0.00 0.00 0.00 Scheduled Principal 0.00 0.00 0.00 Unscheduled Principal 23,993.23 9,455.29 3,793,863.53 Scheduled Interest 0.00 0.00 0.00 Servicing Fee 0.00 0.00 0.00 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 82.85 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 0.00 0.00 0.00 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
Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 0.000000 Weighted Average Net Rate 4.773001 Weighted Average Maturity 346.00 Record Date 10/31/2004 Principal And Interest Constant 4,522,615.75 Beginning Loan Count 2,395 Loans Paid In Full 50 Ending Loan Count 2,345 Beginning Scheduled Balance 951,022,388.43 Ending Scheduled Balance 0.00 Scheduled Principal 0.00 Unscheduled Principal 18,919,182.76 Scheduled Interest 0.00 Servicing Fee 0.00 Master Servicing Fee 0.00 Trustee Fee 0.00 Fry Amount 0.00 Special Hazard Fee 0.00 Other Fee 17,194.11 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 0.00 Realized Loss Amount 50.00 Cumulative Realized Loss 1,562.00 Percentage of Cumulative Losses 0.0001 Prepayment Penalties 0.00 Special Servicing Fee 0.00
Miscellaneous Reporting Group Group I Avearge Loss Severity % Group I 0.000000% Senior Percentage Group I 95.031862% Senior Prep. Percentage Group I 100.000000% Subordinate Percentage Group I 4.968138% Subordinate Prep. Percentage Group I 0.000000% Group Group II Avearge Loss Severity % Group II 0.000000% Senior Percentage Group II 95.746220% Senior Prep. Percentage Group II 100.000000% Subordinate Percentage Group II 4.253780% Subordinate Prep. Percentage Group II 0.000000% Group Group III Avearge Loss Severity % Group III 0.000000% Senior Percentage Group III 95.977312% Senior Prep. Percentage Group III 100.000000% Subordinate Percentage Group III 4.022688% Subordinate Prep. Percentage Group III 0.000000%
Miscellaneous Reporting Group Group IV Avearge Loss Severity % Group IV 0.000000% Senior Percentage Group IV 96.210908% Senior Prep. Percentage Group IV 100.000000% Subordinate Percentage Group IV 3.789092% Subordinate Prep. Percentage Group IV 0.000000% Group Group V Avearge Loss Severity % Group V 0.000000% Senior Percentage Group V 96.097849% Senior Prep. Percentage Group V 100.000000% Subordinate Percentage Group V 3.902151% Subordinate Prep. Percentage Group V 0.000000% Group Group VI Avearge Loss Severity % Group VI 0.000000% Senior Percentage Group VI 95.780941% Senior Prep. Percentage Group VI 100.000000% Subordinate Percentage Group VI 4.219059% Subordinate Prep. Percentage Group VI 0.000000%
Miscellaneous Reporting Group Group VII Avearge Loss Severity % Group VII 0.000000% Senior Percentage Group VII 96.345427% Senior Prep. Percentage Group VII 100.000000% Subordinate Percentage Group VII 3.654573% Subordinate Prep. Percentage Group VII 0.000000% Group Group VIII Avearge Loss Severity % Group VIII 0.000000% Senior Percentage Group VIII 96.493178% Senior Prep. Percentage Group VIII 100.000000% Subordinate Percentage Group VIII 3.506822% Subordinate Prep. Percentage Group VIII 0.000000% Group Group IX Avearge Loss Severity % Group IX 0.000000% Senior Percentage Group IX 96.305989% Senior Prep. Percentage Group IX 100.000000% Subordinate Percentage Group IX 3.694011% Subordinate Prep. Percentage Group IX 0.000000%
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