-----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, A2DsHKiY+STUouohOXRA6O1kFe9qQNRv/dpG7XqgAWtMJEY4uefRpWbHvW1pLezo AXNTuPwCio6P6GwiYWN9fQ== 0001056404-04-000114.txt : 20040108 0001056404-04-000114.hdr.sgml : 20040108 20040108162338 ACCESSION NUMBER: 0001056404-04-000114 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031225 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AEGIS ASSET BACKED SEC CORP MORT PASS THR CERTS SER 2003-2 CENTRAL INDEX KEY: 0001266403 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-90230-02 FILM NUMBER: 04515726 MAIL ADDRESS: STREET 1: 11111 WILCREST GREEN STE 250 CITY: HOUSTON STATE: TX ZIP: 77042 8-K 1 aeg03002.txt DECEMBER 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): December 26, 2003 AEGIS MORTGAGE CORPORATION Mortgage Pass-Through Certificates, Series 2003-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-90230-02 54-2126417 Pooling and Servicing Agreement) (Commission 54-2126416 (State or other File Number) 54-2126418 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 December 26, 2003 a distribution was made to holders of AEGIS MORTGAGE CORPORATION, Mortgage Pass-Through Certificates, Series 2003-2 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 2003-2 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. AEGIS MORTGAGE CORPORATION Mortgage Pass-Through Certificates, Series 2003-2 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 1/7/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-2 Trust, relating to the December 26, 2003 distribution. EX-99.1
AEGIS Asset Backed Securities Trust Mortgage Pass-Through Certificates Record Date: 11/30/03 Distribution Date: 12/26/03 AEGIS Series: 2003-2 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 A1 00764MAF4 SEN 1.51875% 155,333,576.51 203,147.19 2,216,606.34 A2A 00764MAL1 SEN 1.33875% 110,776,011.79 127,703.97 2,006,444.35 A2B 00764MAM9 SEN 1.66875% 29,830,000.00 42,865.09 0.00 AIO 00764MAG2 SEN 4.00000% 0.00 53,640.00 0.00 M1 00764MAH0 MEZ 1.86875% 24,860,000.00 40,004.75 0.00 M2 00764MAJ6 MEZ 2.81875% 20,260,000.00 49,176.23 0.00 B 00764MAK3 SUB 5.61875% 17,500,000.00 84,671.44 0.00 X AEG03002X SEN 0.00000% 4,604,458.14 0.46 0.00 P AEG03002P SEN 0.00000% 100.00 40,668.49 0.00 R AEG0302R1 RES 0.00000% 0.00 0.00 0.00 Totals 363,164,146.44 641,877.62 4,223,050.69
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 153,116,970.17 2,419,753.53 0.00 A2A 0.00 108,769,567.44 2,134,148.32 0.00 A2B 0.00 29,830,000.00 42,865.09 0.00 AIO 0.00 0.00 53,640.00 0.00 M1 0.00 24,860,000.00 40,004.75 0.00 M2 0.00 20,260,000.00 49,176.23 0.00 B 0.00 17,500,000.00 84,671.44 0.00 X 0.00 6,307,161.92 0.46 0.00 P 0.00 100.00 40,668.49 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 360,643,799.53 4,864,928.31 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) A1 160,000,000.00 155,333,576.51 0.00 2,216,606.34 0.00 0.00 A2A 115,000,000.00 110,776,011.79 0.00 2,006,444.35 0.00 0.00 A2B 29,830,000.00 29,830,000.00 0.00 0.00 0.00 0.00 AIO 0.00 0.00 0.00 0.00 0.00 0.00 M1 24,860,000.00 24,860,000.00 0.00 0.00 0.00 0.00 M2 20,260,000.00 20,260,000.00 0.00 0.00 0.00 0.00 B 17,500,000.00 17,500,000.00 0.00 0.00 0.00 0.00 X 926,320.99 4,604,458.14 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Totals 368,376,420.99 363,164,146.44 0.00 4,223,050.69 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 A1 2,216,606.34 153,116,970.17 0.95698106 2,216,606.34 A2A 2,006,444.35 108,769,567.44 0.94582233 2,006,444.35 A2B 0.00 29,830,000.00 1.00000000 0.00 AIO 0.00 0.00 0.00000000 0.00 M1 0.00 24,860,000.00 1.00000000 0.00 M2 0.00 20,260,000.00 1.00000000 0.00 B 0.00 17,500,000.00 1.00000000 0.00 X 0.00 6,307,161.92 6.80882976 0.00 P 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 4,223,050.69 360,643,799.53 0.97900891 4,223,050.69
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 160,000,000.00 970.83485319 0.00000000 13.85378962 0.00000000 A2A 115,000,000.00 963.26966774 0.00000000 17.44734217 0.00000000 A2B 29,830,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 24,860,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 20,260,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 17,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 926,320.99 4970.69394919 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 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 A1 0.00000000 13.85378962 956.98106356 0.95698106 13.85378962 A2A 0.00000000 17.44734217 945.82232557 0.94582233 17.44734217 A2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 6,808.82975566 6.80882976 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R 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 A1 160,000,000.00 1.51875% 155,333,576.51 203,147.19 0.00 0.00 A2A 115,000,000.00 1.33875% 110,776,011.79 127,703.97 0.00 0.00 A2B 29,830,000.00 1.66875% 29,830,000.00 42,865.09 0.00 0.00 AIO 0.00 4.00000% 16,092,000.00 53,640.00 0.00 0.00 M1 24,860,000.00 1.86875% 24,860,000.00 40,004.75 0.00 0.00 M2 20,260,000.00 2.81875% 20,260,000.00 49,176.23 0.00 0.00 B 17,500,000.00 5.61875% 17,500,000.00 84,671.44 0.00 0.00 X 926,320.99 0.00000% 4,604,458.14 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 368,376,420.99 601,208.67 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 A1 0.00 0.00 203,147.19 0.00 153,116,970.17 A2A 0.00 0.00 127,703.97 0.00 108,769,567.44 A2B 0.00 0.00 42,865.09 0.00 29,830,000.00 AIO 0.00 0.00 53,640.00 0.00 15,259,000.00 M1 0.00 0.00 40,004.75 0.00 24,860,000.00 M2 0.00 0.00 49,176.23 0.00 20,260,000.00 B 0.00 0.00 84,671.44 0.00 17,500,000.00 X 0.00 0.00 0.46 0.00 6,307,161.92 P 0.00 0.00 40,668.49 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 641,877.62 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 A1 160,000,000.00 1.51875% 970.83485319 1.26966994 0.00000000 0.00000000 A2A 115,000,000.00 1.33875% 963.26966774 1.11046930 0.00000000 0.00000000 A2B 29,830,000.00 1.66875% 1000.00000000 1.43697922 0.00000000 0.00000000 AIO 0.00 4.00000% 1000.00000000 3.33333333 0.00000000 0.00000000 M1 24,860,000.00 1.86875% 1000.00000000 1.60920153 0.00000000 0.00000000 M2 20,260,000.00 2.81875% 1000.00000000 2.42725716 0.00000000 0.00000000 B 17,500,000.00 5.61875% 1000.00000000 4.83836800 0.00000000 0.00000000 X 926,320.99 0.00000% 4970.69394919 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R 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 A1 0.00000000 0.00000000 1.26966994 0.00000000 956.98106356 A2A 0.00000000 0.00000000 1.11046930 0.00000000 945.82232557 A2B 0.00000000 0.00000000 1.43697922 0.00000000 1000.00000000 AIO 0.00000000 0.00000000 3.33333333 0.00000000 948.23514790 M1 0.00000000 0.00000000 1.60920153 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.42725716 0.00000000 1000.00000000 B 0.00000000 0.00000000 4.83836800 0.00000000 1000.00000000 X 0.00000000 0.00000000 0.00049659 0.00000000 6808.82975566 P 0.00000000 0.00000000 406684.90000000 0.00000000 1000.00000000 R 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 4,898,650.47 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 235,285.11 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 40,668.49 Total Deposits 5,174,604.07 Withdrawals Reimbursement for Servicer Advances 151,139.45 Payment of Service Fee 158,536.31 Payment of Interest and Principal 4,864,928.31 Total Withdrawals (Pool Distribution Amount) 5,174,604.07 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 151,318.42 Credit Risk Fee 4,539.55 Trustee Fee 2,678.34 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 158,536.31
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 0.46 0.46 1,000.00 Financial Guaranty 0.00 0.00 0.00 0.00
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 2 209,472.54 0.00 0.00 209,472.54 30 Days 45 0 0 0 45 4,478,188.48 0.00 0.00 0.00 4,478,188.48 60 Days 9 0 7 0 16 1,028,420.63 0.00 593,300.00 0.00 1,621,720.63 90 Days 1 0 4 0 5 82,000.00 0.00 673,700.00 0.00 755,700.00 120 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 55 2 11 0 68 5,588,609.11 209,472.54 1,267,000.00 0.00 7,065,081.65 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 0.064350% 0.000000% 0.000000% 0.064350% 0.058083% 0.000000% 0.000000% 0.058083% 30 Days 1.447876% 0.000000% 0.000000% 0.000000% 1.447876% 1.241721% 0.000000% 0.000000% 0.000000% 1.241721% 60 Days 0.289575% 0.000000% 0.225225% 0.000000% 0.514801% 0.285162% 0.000000% 0.164511% 0.000000% 0.449674% 90 Days 0.032175% 0.000000% 0.128700% 0.000000% 0.160875% 0.022737% 0.000000% 0.186805% 0.000000% 0.209542% 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 1.769627% 0.064350% 0.353925% 0.000000% 2.187902% 1.549620% 0.058083% 0.351316% 0.000000% 1.959019%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 235,285.11
COLLATERAL STATEMENT Collateral Description Fixed Mixed & ARM & Balloon Weighted Average Gross Coupon 8.136647% Weighted Average Net Coupon 7.636647% Weighted Average Pass-Through Rate 7.612797% Weighted Average Maturity(Stepdown Calculation ) 347 Beginning Scheduled Collateral Loan Count 3,125 Number Of Loans Paid In Full 17 Ending Scheduled Collateral Loan Count 3,108 Beginning Scheduled Collateral Balance 363,164,146.44 Ending Scheduled Collateral Balance 360,643,799.53 Ending Actual Collateral Balance at 30-Nov-2003 360,643,799.53 Monthly P &I Constant 2,749,782.09 Special Servicing Fee 0.00 Prepayment Penalties 40,668.49 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 360,643,799.53 Scheduled Principal 287,564.12 Unscheduled Principal 2,232,782.79
Miscellaneous Reporting LIBOR RATE USED 1.11875% Specified OC Amount 14,735,056.84 OC Amount 6,307,261.92 OC Deficiency Amount 8,427,794.92 Extra Principal Amount 1,702,703.78 Excess Cash Amount 1,702,703.78
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