-----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, B0xLI6FppwqGo3R4yGY1MiGupEvoabNqcYuwRHEZsKxKaDG0qOAYChCVEErkVz4j Kmj+VM5PeCtV690ec6PY1Q== 0001056404-04-001408.txt : 20040408 0001056404-04-001408.hdr.sgml : 20040408 20040408153149 ACCESSION NUMBER: 0001056404-04-001408 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040325 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040408 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANC OF AMERICA MORTGAGE SECURITIES SERIES 2004 A CENTRAL INDEX KEY: 0001278018 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: 333-105940-23 FILM NUMBER: 04724873 BUSINESS ADDRESS: STREET 1: 201 NORTH TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 8-K 1 bam0400a.txt MARCH 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): March 25, 2004 BANC OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2004-A Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-105940-23 54-2142315 Pooling and Servicing Agreement) (Commission 54-2142316 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On March 25, 2004 a distribution was made to holders of BANC OF AMERICA MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2004-A 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 2004-A Trust, relating to the March 25, 2004 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BANC OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2004-A Trust By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 4/6/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-A Trust, relating to the March 25, 2004 distribution. EX-99.1
Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 2/29/2004 Distribution Date: 3/25/2004 BAM Series: 2004-A Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution 1-A-1 05948XS69 SEN 3.48833% 66,818,313.15 194,236.83 1,539,649.90 1-A-R 05948XS77 SEN 3.48812% 0.00 0.00 0.00 1-A-LR 05948XS85 SEN 3.48812% 0.00 0.25 0.00 2-A-1 05948XS93 SEN 3.63034% 135,358,905.02 409,498.65 2,204,682.04 2-A-2 05948XT27 SEN 4.18134% 406,484,782.35 1,416,374.75 6,620,692.58 2-A-3 05948XT35 SEN 3.63034% 19,905,721.33 60,220.39 324,217.95 2-A-4 05948XT43 SEN 3.63034% 595,181.07 1,800.59 9,694.12 3-A-1 05948XT50 SEN 3.98998% 40,243,832.92 133,810.07 1,520,030.89 B-1 05948XT68 SUB 3.97238% 9,343,562.85 30,930.13 6,498.15 B-2 05948XT76 SUB 3.97238% 4,152,139.43 13,744.89 2,887.68 B-3 05948XT84 SUB 3.97238% 2,076,569.37 6,874.10 1,444.19 B-4 05948XU58 SUB 3.97238% 2,075,570.06 6,870.79 1,443.49 B-5 05948XU66 SUB 3.97238% 1,384,046.48 4,581.63 962.56 B-6 05948XU74 SUB 3.97238% 1,038,963.19 3,439.29 722.57 1-IO 05948XU25 SEN 0.77500% 0.00 44,447.34 0.00 2-IO 05948XU33 SEN 0.43972% 0.00 212,239.33 0.00 3-IO 05948XU41 SEN 1.01500% 0.00 35,056.57 0.00 SES 05948XT92 SEN 0.00000% 0.00 124,179.43 0.00 Totals 689,477,587.22 2,698,305.03 12,232,926.12
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 65,278,663.26 1,733,886.73 0.00 1-A-R 0.00 0.00 0.00 0.00 1-A-LR 0.00 0.00 0.25 0.00 2-A-1 0.00 133,154,222.99 2,614,180.69 0.00 2-A-2 0.00 399,864,089.77 8,037,067.33 0.00 2-A-3 0.00 19,581,503.38 384,438.34 0.00 2-A-4 0.00 585,486.95 11,494.71 0.00 3-A-1 0.00 38,723,802.03 1,653,840.96 0.00 B-1 0.00 9,337,064.71 37,428.28 0.00 B-2 0.00 4,149,251.75 16,632.57 0.00 B-3 0.00 2,075,125.18 8,318.29 0.00 B-4 0.00 2,074,126.57 8,314.28 0.00 B-5 0.00 1,383,083.92 5,544.19 0.00 B-6 0.00 1,038,240.62 4,161.86 0.00 1-IO 0.00 0.00 44,447.34 0.00 2-IO 0.00 0.00 212,239.33 0.00 3-IO 0.00 0.00 35,056.57 0.00 SES 0.00 0.00 124,179.43 0.00 Totals 0.00 677,244,661.13 14,931,231.15 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-A-1 67,155,000.00 66,818,313.15 89,151.51 1,450,498.39 0.00 0.00 1-A-R 50.00 0.00 0.00 0.00 0.00 0.00 1-A-LR 50.00 0.00 0.00 0.00 0.00 0.00 2-A-1 136,000,000.00 135,358,905.02 78,993.24 2,125,688.80 0.00 0.00 2-A-2 408,410,000.00 406,484,782.35 237,217.87 6,383,474.71 0.00 0.00 2-A-3 20,000,000.00 19,905,721.33 11,616.65 312,601.29 0.00 0.00 2-A-4 598,000.00 595,181.07 347.34 9,346.78 0.00 0.00 3-A-1 40,293,000.00 40,243,832.92 48,313.26 1,471,717.63 0.00 0.00 B-1 9,350,000.00 9,343,562.85 6,498.15 0.00 0.00 0.00 B-2 4,155,000.00 4,152,139.43 2,887.68 0.00 0.00 0.00 B-3 2,078,000.00 2,076,569.37 1,444.19 0.00 0.00 0.00 B-4 2,077,000.00 2,075,570.06 1,443.49 0.00 0.00 0.00 B-5 1,385,000.00 1,384,046.48 962.56 0.00 0.00 0.00 B-6 1,039,678.97 1,038,963.19 722.57 0.00 0.00 0.00 1-IO 0.00 0.00 0.00 0.00 0.00 0.00 2-IO 0.00 0.00 0.00 0.00 0.00 0.00 3-IO 0.00 0.00 0.00 0.00 0.00 0.00 SES 0.00 0.00 0.00 0.00 0.00 0.00 Totals 692,540,778.97 689,477,587.22 479,598.51 11,753,327.60 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1-A-1 1,539,649.90 65,278,663.26 0.97205961 1,539,649.90 1-A-R 0.00 0.00 0.00000000 0.00 1-A-LR 0.00 0.00 0.00000000 0.00 2-A-1 2,204,682.04 133,154,222.99 0.97907517 2,204,682.04 2-A-2 6,620,692.58 399,864,089.77 0.97907517 6,620,692.58 2-A-3 324,217.95 19,581,503.38 0.97907517 324,217.95 2-A-4 9,694.12 585,486.95 0.97907517 9,694.12 3-A-1 1,520,030.89 38,723,802.03 0.96105532 1,520,030.89 B-1 6,498.15 9,337,064.71 0.99861655 6,498.15 B-2 2,887.68 4,149,251.75 0.99861655 2,887.68 B-3 1,444.19 2,075,125.18 0.99861654 1,444.19 B-4 1,443.49 2,074,126.57 0.99861655 1,443.49 B-5 962.56 1,383,083.92 0.99861655 962.56 B-6 722.57 1,038,240.62 0.99861654 722.57 1-IO 0.00 0.00 0.00000000 0.00 2-IO 0.00 0.00 0.00000000 0.00 3-IO 0.00 0.00 0.00000000 0.00 SES 0.00 0.00 0.00000000 0.00 Totals 12,232,926.12 677,244,661.13 0.97791304 12,232,926.12
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 67,155,000.00 994.98642171 1.32754836 21.59926126 0.00000000 1-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 136,000,000.00 995.28606632 0.58083265 15.63006471 0.00000000 2-A-2 408,410,000.00 995.28606633 0.58083267 15.63006467 0.00000000 2-A-3 20,000,000.00 995.28606650 0.58083250 15.63006450 0.00000000 2-A-4 598,000.00 995.28607023 0.58083612 15.63006689 0.00000000 3-A-1 40,293,000.00 998.77976125 1.19904847 36.52539225 0.00000000 B-1 9,350,000.00 999.31153476 0.69498930 0.00000000 0.00000000 B-2 4,155,000.00 999.31153550 0.69498917 0.00000000 0.00000000 B-3 2,078,000.00 999.31153513 0.69499038 0.00000000 0.00000000 B-4 2,077,000.00 999.31153587 0.69498796 0.00000000 0.00000000 B-5 1,385,000.00 999.31153791 0.69498917 0.00000000 0.00000000 B-6 1,039,678.97 999.31153748 0.69499338 0.00000000 0.00000000 1-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 SES 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A-1 0.00000000 22.92680962 972.05961224 0.97205961 22.92680962 1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 16.21089735 979.07516904 0.97907517 16.21089735 2-A-2 0.00000000 16.21089733 979.07516900 0.97907517 16.21089733 2-A-3 0.00000000 16.21089750 979.07516900 0.97907517 16.21089750 2-A-4 0.00000000 16.21090301 979.07516722 0.97907517 16.21090301 3-A-1 0.00000000 37.72444072 961.05532053 0.96105532 37.72444072 B-1 0.00000000 0.69498930 998.61654652 0.99861655 0.69498930 B-2 0.00000000 0.69498917 998.61654633 0.99861655 0.69498917 B-3 0.00000000 0.69499038 998.61654475 0.99861654 0.69499038 B-4 0.00000000 0.69498796 998.61654791 0.99861655 0.69498796 B-5 0.00000000 0.69498917 998.61654874 0.99861655 0.69498917 B-6 0.00000000 0.69499338 998.61654410 0.99861654 0.69499338 1-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 SES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1-A-1 67,155,000.00 3.48833% 66,818,313.15 194,236.82 0.00 0.00 1-A-R 50.00 3.48812% 0.00 0.00 0.00 0.00 1-A-LR 50.00 3.48812% 0.00 0.00 0.00 0.00 2-A-1 136,000,000.00 3.63034% 135,358,905.02 409,498.65 0.00 0.00 2-A-2 408,410,000.00 4.18134% 406,484,782.35 1,416,374.74 0.00 0.00 2-A-3 20,000,000.00 3.63034% 19,905,721.33 60,220.39 0.00 0.00 2-A-4 598,000.00 3.63034% 595,181.07 1,800.59 0.00 0.00 3-A-1 40,293,000.00 3.98998% 40,243,832.92 133,810.07 0.00 0.00 B-1 9,350,000.00 3.97238% 9,343,562.85 30,930.13 0.00 0.00 B-2 4,155,000.00 3.97238% 4,152,139.43 13,744.89 0.00 0.00 B-3 2,078,000.00 3.97238% 2,076,569.37 6,874.10 0.00 0.00 B-4 2,077,000.00 3.97238% 2,075,570.06 6,870.79 0.00 0.00 B-5 1,385,000.00 3.97238% 1,384,046.48 4,581.63 0.00 0.00 B-6 1,039,678.97 3.97238% 1,038,963.19 3,439.29 0.00 0.00 1-IO 0.00 0.77500% 68,821,684.97 44,447.34 0.00 0.00 2-IO 0.00 0.43972% 579,209,714.26 212,239.33 0.00 0.00 3-IO 0.00 1.01500% 41,446,187.98 35,056.57 0.00 0.00 SES 0.00 0.00000% 689,477,587.21 0.00 0.00 0.00 Totals 692,540,778.97 2,574,125.33 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance 1-A-1 0.00 0.00 194,236.83 0.00 65,278,663.26 1-A-R 0.00 0.00 0.00 0.00 0.00 1-A-LR 0.00 0.00 0.25 0.00 0.00 2-A-1 0.00 0.00 409,498.65 0.00 133,154,222.99 2-A-2 (0.01) 0.00 1,416,374.75 0.00 399,864,089.77 2-A-3 0.00 0.00 60,220.39 0.00 19,581,503.38 2-A-4 0.00 0.00 1,800.59 0.00 585,486.95 3-A-1 0.00 0.00 133,810.07 0.00 38,723,802.03 B-1 0.00 0.00 30,930.13 0.00 9,337,064.71 B-2 0.00 0.00 13,744.89 0.00 4,149,251.75 B-3 0.00 0.00 6,874.10 0.00 2,075,125.18 B-4 0.00 0.00 6,870.79 0.00 2,074,126.57 B-5 0.00 0.00 4,581.63 0.00 1,383,083.92 B-6 0.00 0.00 3,439.29 0.00 1,038,240.62 1-IO 0.00 0.00 44,447.34 0.00 67,279,362.10 2-IO 0.00 0.00 212,239.33 0.00 570,040,585.37 3-IO 0.00 0.00 35,056.57 0.00 39,924,713.65 SES 0.00 0.00 124,179.43 0.00 677,244,661.12 Totals (0.01) 0.00 2,698,305.03 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall 1-A-1 67,155,000.00 3.48833% 994.98642171 2.89236572 0.00000000 0.00000000 1-A-R 50.00 3.48812% 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 50.00 3.48812% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 136,000,000.00 3.63034% 995.28606632 3.01101949 0.00000000 0.00000000 2-A-2 408,410,000.00 4.18134% 995.28606633 3.46802169 0.00000000 0.00000000 2-A-3 20,000,000.00 3.63034% 995.28606650 3.01101950 0.00000000 0.00000000 2-A-4 598,000.00 3.63034% 995.28607023 3.01102007 0.00000000 0.00000000 3-A-1 40,293,000.00 3.98998% 998.77976125 3.32092597 0.00000000 0.00000000 B-1 9,350,000.00 3.97238% 999.31153476 3.30803529 0.00000000 0.00000000 B-2 4,155,000.00 3.97238% 999.31153550 3.30803610 0.00000000 0.00000000 B-3 2,078,000.00 3.97238% 999.31153513 3.30803657 0.00000000 0.00000000 B-4 2,077,000.00 3.97238% 999.31153587 3.30803563 0.00000000 0.00000000 B-5 1,385,000.00 3.97238% 999.31153791 3.30803610 0.00000000 0.00000000 B-6 1,039,678.97 3.97238% 999.31153748 3.30803075 0.00000000 0.00000000 1-IO 0.00 0.77500% 995.09242869 0.64266389 0.00000000 0.00000000 2-IO 0.00 0.43972% 995.40599203 0.36474578 0.00000000 0.00000000 3-IO 0.00 1.01500% 998.78052959 0.84480193 0.00000000 0.00000000 SES 0.00 0.00000% 995.57687886 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-A-1 0.00000000 0.00000000 2.89236587 0.00000000 972.05961224 1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 0.00000000 0.00000000 5.00000000 0.00000000 0.00000000 2-A-1 0.00000000 0.00000000 3.01101949 0.00000000 979.07516904 2-A-2 (0.00000002) 0.00000000 3.46802172 0.00000000 979.07516900 2-A-3 0.00000000 0.00000000 3.01101950 0.00000000 979.07516900 2-A-4 0.00000000 0.00000000 3.01102007 0.00000000 979.07516722 3-A-1 0.00000000 0.00000000 3.32092597 0.00000000 961.05532053 B-1 0.00000000 0.00000000 3.30803529 0.00000000 998.61654652 B-2 0.00000000 0.00000000 3.30803610 0.00000000 998.61654633 B-3 0.00000000 0.00000000 3.30803657 0.00000000 998.61654475 B-4 0.00000000 0.00000000 3.30803563 0.00000000 998.61654791 B-5 0.00000000 0.00000000 3.30803610 0.00000000 998.61654874 B-6 0.00000000 0.00000000 3.30803075 0.00000000 998.61654410 1-IO 0.00000000 0.00000000 0.64266389 0.00000000 972.79198936 2-IO 0.00000000 0.00000000 0.36474578 0.00000000 979.64830424 3-IO 0.00000000 0.00000000 0.84480193 0.00000000 962.11566338 SES 0.00000000 0.00000000 0.17930992 0.00000000 977.91304380 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Certificateholder Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage 1-SES 0.00000% 68,821,684.97 67,279,362.10 0.00 0.00 97.27919894% 2-SES 0.00000% 579,209,714.26 570,040,585.37 0.00 0.00 97.96483042% 3-SES 0.00000% 41,446,187.98 39,924,713.65 0.00 0.00 96.21156634%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 14,924,491.63 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 37,478.73 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 14,961,970.36 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 30,739.21 Payment of Interest and Principal 14,931,231.15 Total Withdrawals (Pool Distribution Amount) 14,961,970.36 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 28,728.23 Trustee Fee - Wells Fargo Bank, N.A. 2,010.98 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 30,739.21
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 16 0 0 0 16 9,100,715.87 0.00 0.00 0.00 9,100,715.87 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 16 0 0 0 16 9,100,715.87 0.00 0.00 0.00 9,100,715.87 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 1.282051% 0.000000% 0.000000% 0.000000% 1.282051% 1.319203% 0.000000% 0.000000% 0.000000% 1.319203% 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 1.282051% 0.000000% 0.000000% 0.000000% 1.282051% 1.319203% 0.000000% 0.000000% 0.000000% 1.319203%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 1,039,670.22 0.00 0.00 0.00 1,039,670.22 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 1,039,670.22 0.00 0.00 0.00 1,039,670.22 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.481481% 0.000000% 0.000000% 0.000000% 1.481481% 1.509037% 0.000000% 0.000000% 0.000000% 1.509037% 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 1.481481% 0.000000% 0.000000% 0.000000% 1.481481% 1.509037% 0.000000% 0.000000% 0.000000% 1.509037% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 13 0 0 0 13 7,501,616.60 0.00 0.00 0.00 7,501,616.60 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 13 0 0 0 13 7,501,616.60 0.00 0.00 0.00 7,501,616.60 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.258470% 0.000000% 0.000000% 0.000000% 1.258470% 1.294540% 0.000000% 0.000000% 0.000000% 1.294540% 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 1.258470% 0.000000% 0.000000% 0.000000% 1.258470% 1.294540% 0.000000% 0.000000% 0.000000% 1.294540% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 3 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 1 559,429.05 0.00 0.00 0.00 559,429.05 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 1 559,429.05 0.00 0.00 0.00 559,429.05 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.250000% 0.000000% 0.000000% 0.000000% 1.250000% 1.348439% 0.000000% 0.000000% 0.000000% 1.348439% 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 1.250000% 0.000000% 0.000000% 0.000000% 1.250000% 1.348439% 0.000000% 0.000000% 0.000000% 1.348439%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 37,478.73
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.746109% Weighted Average Net Coupon 4.483631% Weighted Average Pass-Through Rate 4.480131% Weighted Average Maturity(Stepdown Calculation ) 356 Beginning Scheduled Collateral Loan Count 1,267 Number Of Loans Paid In Full 19 Ending Scheduled Collateral Loan Count 1,248 Beginning Scheduled Collateral Balance 689,477,587.21 Ending Scheduled Collateral Balance 677,244,661.12 Ending Actual Collateral Balance at 29-Feb-2004 689,864,520.86 Monthly P &I Constant 3,206,545.13 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 677,244,661.12 Scheduled Principal 479,598.49 Unscheduled Principal 11,753,327.60
Miscellaneous Reporting Total Senior% 97.088977% Total Subordinate% 2.911023%
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.641828 4.721837 5.258480 Weighted Average Net Rate 4.391828 4.471837 5.008480 Weighted Average Maturity 356 356 354 Beginning Loan Count 138 1,047 82 Loans Paid In Full 3 14 2 Ending Loan Count 135 1,033 80 Beginning Scheduled Balance 68,821,684.97 579,209,714.26 41,446,187.98 Ending scheduled Balance 67,279,362.10 570,040,585.37 39,924,713.65 Record Date 02/29/2004 02/29/2004 02/29/2004 Principal And Interest Constant 358,039.83 2,617,128.65 231,376.65 Scheduled Principal 91,824.48 338,017.31 49,756.70 Unscheduled Principal 1,450,498.39 8,831,111.58 1,471,717.63 Scheduled Interest 266,215.35 2,279,111.34 181,619.95 Servicing Fees 14,337.86 120,668.69 8,634.62 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 200.73 1,689.36 120.89 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 7,168.93 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 244,507.83 2,156,753.29 172,864.44 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.263328 4.468337 5.004980
Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 4.746109 Weighted Average Net Rate 4.483631 Weighted Average Maturity 356 Beginning Loan Count 1,267 Loans Paid In Full 19 Ending Loan Count 1,248 Beginning Scheduled Balance 689,477,587.21 Ending scheduled Balance 677,244,661.12 Record Date 02/29/2004 Principal And Interest Constant 3,206,545.13 Scheduled Principal 479,598.49 Unscheduled Principal 11,753,327.60 Scheduled Interest 2,726,946.64 Servicing Fees 143,641.17 Master Servicing Fees 0.00 Trustee Fee 2,010.98 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 7,168.93 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 2,574,125.56 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 4.480131
Miscellaneous Reporting Group Group 1 CPR 22.582912% Senior Prepayment% 100.000000% Subordinate% 2.910960% Subordinate Prepayment% 0.000000% Senior% 97.089040% Group Group 2 CPR 16.846308% Senior Prepayment% 100.000000% Subordinate% 2.911748% Subordinate Prepayment% 0.000000% Senior% 97.088252% Group Group 3 CPR 35.234028% Senior Prepayment% 100.000000% Subordinate% 2.901003% SubordinatePrepayment% 0.000000% Senior% 97.098997%
-----END PRIVACY-ENHANCED MESSAGE-----