-----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, DR1WYk28Bu3UDnGVlXrIouUtueSgSCZ4AEWIxflZWeLoBa4vJahKiE8hR2qvh2Ms NnQnauLWiFwDddv+K8qfAA== 0001056404-04-002512.txt : 20040804 0001056404-04-002512.hdr.sgml : 20040804 20040804085209 ACCESSION NUMBER: 0001056404-04-002512 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040725 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040804 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE MORTGAGE SEC INC MORT LOAN TR SER 2004-1 CENTRAL INDEX KEY: 0001278188 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-100675-03 FILM NUMBER: 04950033 8-K 1 dms04001_jul.txt JULY 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): July 26, 2004 DEUTSCHE MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2004-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-100675-03 54-2142325 Pooling and Servicing Agreement) (Commission 54-2142326 (State or other File Number) 54-2142327 jurisdiction 54-2142328 of Incorporation) 54-2142329 IRS EIN 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 July 26, 2004 a distribution was made to holders of DEUTSCHE MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2004-1 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 2004-1 Trust, relating to the July 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. DEUTSCHE MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2004-1 Trust By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 8/3/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-1 Trust, relating to the July 26, 2004 distribution. EX-99.1
Deutsche Mortgage Securities Mortgage Pass-Through Certificates Record Date: 6/30/2004 Distribution Date: 7/26/2004 DMS Series: 2004-1 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-1 251563CG5 SEN 5.50000% 52,715,140.99 241,611.05 627,036.50 I-A-PO 251563CJ9 SEN 0.00000% 481,371.23 0.00 765.06 I-A-X 251563CH3 SEN 5.50000% 0.00 6,822.24 0.00 II-A-1 251563CK6 SEN 4.75000% 53,928,508.53 213,467.00 1,300,198.75 II-A-2 251563CV2 SEN 4.75000% 37,092,143.48 146,823.06 939,894.98 II-A-3 251563CW0 SEN 4.75000% 1,892,000.00 7,489.17 0.00 II-A-PO 251563CM2 SEN 0.00000% 1,127,965.89 0.00 11,107.94 II-A-X 251563CL4 SEN 4.75000% 0.00 15,853.82 0.00 M 251563CN0 SEN 5.01854% 2,118,805.05 8,861.10 6,584.57 B-1 251563CP5 SUB 5.01854% 706,268.35 2,953.70 2,194.86 B-2 251563CQ3 SUB 5.01854% 441,294.59 1,845.55 1,371.40 B-3 251510DA7 SUB 5.01854% 352,641.66 1,474.79 1,095.90 B-4 251510DC3 SUB 5.01854% 352,641.66 1,474.79 1,095.90 B-5 251510DE9 SUB 5.01854% 176,629.43 738.69 548.91 R 251563CR1 SEN 5.50000% 0.00 0.00 0.00 III-A-1 251563BW1 SEN 1.49000% 81,303,663.92 104,317.14 8,389,328.35 III-A-2 251563BX9 SEN 3.11000% 27,432,000.00 71,094.61 0.00 III-A-3 251563BY7 SEN 3.69000% 58,418,000.00 179,635.38 0.00 III-A-4 251563BZ4 SEN 4.96000% 38,268,000.00 158,174.43 0.00 III-A-5 251563CA8 SEN 5.66000% 28,381,000.00 133,863.74 0.00 III-A-6 251563CB6 SEN 4.74000% 30,953,000.00 122,264.37 0.00 III-M-1 251563CD2 SEN 5.17000% 7,429,000.00 32,006.61 0.00 III-M-2 251563CE0 SEN 5.77000% 4,643,000.00 22,325.09 0.00 III-M-3 251563CF7 SEN 6.40000% 2,322,000.00 12,384.00 0.00 III-A-IO 251563CC4 SEN 4.50000% 0.00 145,093.88 0.00 III-CE 251563CT7 SEN 0.00000% 1,083,386.00 678,979.30 0.00 III-P CU4251563 SEN 0.00000% 100.00 112,054.45 0.00 III-R 251563CS9 SEN 0.00000% 0.00 0.00 0.00 Totals 431,618,560.78 2,421,607.96 11,281,223.12
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 52,088,104.50 868,647.55 0.00 I-A-PO 0.00 480,606.16 765.06 0.00 I-A-X 0.00 0.00 6,822.24 0.00 II-A-1 0.00 52,628,309.78 1,513,665.75 0.00 II-A-2 0.00 36,152,248.49 1,086,718.04 0.00 II-A-3 0.00 1,892,000.00 7,489.17 0.00 II-A-PO 0.00 1,116,857.95 11,107.94 0.00 II-A-X 0.00 0.00 15,853.82 0.00 M 0.00 2,112,220.48 15,445.67 0.00 B-1 0.00 704,073.49 5,148.56 0.00 B-2 0.00 439,923.19 3,216.95 0.00 B-3 0.00 351,545.76 2,570.69 0.00 B-4 0.00 351,545.76 2,570.69 0.00 B-5 0.00 176,080.52 1,287.60 0.00 R 0.00 0.00 0.00 0.00 III-A-1 0.00 72,914,335.57 8,493,645.49 0.00 III-A-2 0.00 27,432,000.00 71,094.61 0.00 III-A-3 0.00 58,418,000.00 179,635.38 0.00 III-A-4 0.00 38,268,000.00 158,174.43 0.00 III-A-5 0.00 28,381,000.00 133,863.74 0.00 III-A-6 0.00 30,953,000.00 122,264.37 0.00 III-M-1 0.00 7,429,000.00 32,006.61 0.00 III-M-2 0.00 4,643,000.00 22,325.09 0.00 III-M-3 0.00 2,322,000.00 12,384.00 0.00 III-A-IO 0.00 0.00 145,093.88 0.00 III-CE 0.00 1,083,386.00 678,979.30 0.00 III-P 0.00 100.00 112,054.45 0.00 III-R 0.00 0.00 0.00 0.00 Totals 0.00 420,337,337.65 13,702,831.08 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-1 61,561,000.00 52,715,140.99 59,091.12 567,945.37 0.00 0.00 I-A-PO 487,900.00 481,371.23 571.87 193.20 0.00 0.00 I-A-X 0.00 0.00 0.00 0.00 0.00 0.00 II-A-1 64,867,800.00 53,928,508.53 227,353.13 1,072,845.62 0.00 0.00 II-A-2 45,000,000.00 37,092,143.48 164,350.31 775,544.67 0.00 0.00 II-A-3 1,892,000.00 1,892,000.00 0.00 0.00 0.00 0.00 II-A-PO 1,172,299.97 1,127,965.89 5,092.67 6,015.27 0.00 0.00 II-A-X 0.00 0.00 0.00 0.00 0.00 0.00 M 2,151,000.00 2,118,805.05 6,584.57 0.00 0.00 0.00 B-1 717,000.00 706,268.35 2,194.86 0.00 0.00 0.00 B-2 448,000.00 441,294.59 1,371.40 0.00 0.00 0.00 B-3 358,000.00 352,641.66 1,095.90 0.00 0.00 0.00 B-4 358,000.00 352,641.66 1,095.90 0.00 0.00 0.00 B-5 179,313.32 176,629.43 548.91 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 III-A-1 110,605,000.00 81,303,663.92 0.00 8,389,328.35 0.00 0.00 III-A-2 27,432,000.00 27,432,000.00 0.00 0.00 0.00 0.00 III-A-3 58,418,000.00 58,418,000.00 0.00 0.00 0.00 0.00 III-A-4 38,268,000.00 38,268,000.00 0.00 0.00 0.00 0.00 III-A-5 28,381,000.00 28,381,000.00 0.00 0.00 0.00 0.00 III-A-6 30,953,000.00 30,953,000.00 0.00 0.00 0.00 0.00 III-M-1 7,429,000.00 7,429,000.00 0.00 0.00 0.00 0.00 III-M-2 4,643,000.00 4,643,000.00 0.00 0.00 0.00 0.00 III-M-3 2,322,000.00 2,322,000.00 0.00 0.00 0.00 0.00 III-A-IO 0.00 0.00 0.00 0.00 0.00 0.00 III-CE 1,087,886.12 1,083,386.00 0.00 0.00 0.00 0.00 III-P 100.00 100.00 0.00 0.00 0.00 0.00 III-R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 488,731,399.41 431,618,560.78 469,350.64 10,811,872.48 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-1 627,036.50 52,088,104.50 0.84612181 627,036.50 I-A-PO 765.06 480,606.16 0.98505054 765.06 I-A-X 0.00 0.00 0.00000000 0.00 II-A-1 1,300,198.75 52,628,309.78 0.81131640 1,300,198.75 II-A-2 939,894.98 36,152,248.49 0.80338330 939,894.98 II-A-3 0.00 1,892,000.00 1.00000000 0.00 II-A-PO 11,107.94 1,116,857.95 0.95270663 11,107.94 II-A-X 0.00 0.00 0.00000000 0.00 M 6,584.57 2,112,220.48 0.98197140 6,584.57 B-1 2,194.86 704,073.49 0.98197139 2,194.86 B-2 1,371.40 439,923.19 0.98197141 1,371.40 B-3 1,095.90 351,545.76 0.98197140 1,095.90 B-4 1,095.90 351,545.76 0.98197140 1,095.90 B-5 548.91 176,080.52 0.98197122 548.91 R 0.00 0.00 0.00000000 0.00 III-A-1 8,389,328.35 72,914,335.57 0.65923182 8,389,328.35 III-A-2 0.00 27,432,000.00 1.00000000 0.00 III-A-3 0.00 58,418,000.00 1.00000000 0.00 III-A-4 0.00 38,268,000.00 1.00000000 0.00 III-A-5 0.00 28,381,000.00 1.00000000 0.00 III-A-6 0.00 30,953,000.00 1.00000000 0.00 III-M-1 0.00 7,429,000.00 1.00000000 0.00 III-M-2 0.00 4,643,000.00 1.00000000 0.00 III-M-3 0.00 2,322,000.00 1.00000000 0.00 III-A-IO 0.00 0.00 0.00000000 0.00 III-CE 0.00 1,083,386.00 0.99586343 0.00 III-P 0.00 100.00 1.00000000 0.00 III-R 0.00 0.00 0.00000000 0.00 Totals 11,281,223.12 420,337,337.65 0.86005797 11,281,223.12
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 61,561,000.00 856.30741850 0.95987914 9.22573334 0.00000000 I-A-PO 487,900.00 986.61863087 1.17210494 0.39598278 0.00000000 I-A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 64,867,800.00 831.36022079 3.50486883 16.53895492 0.00000000 II-A-2 45,000,000.00 824.26985511 3.65222911 17.23432600 0.00000000 II-A-3 1,892,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-PO 1,172,299.97 962.18196611 4.34416969 5.13116963 0.00000000 II-A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M 2,151,000.00 985.03256625 3.06116690 0.00000000 0.00000000 B-1 717,000.00 985.03256625 3.06117155 0.00000000 0.00000000 B-2 448,000.00 985.03256696 3.06116071 0.00000000 0.00000000 B-3 358,000.00 985.03256983 3.06117318 0.00000000 0.00000000 B-4 358,000.00 985.03256983 3.06117318 0.00000000 0.00000000 B-5 179,313.32 985.03240027 3.06117805 0.00000000 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 110,605,000.00 735.08127047 0.00000000 75.84944939 0.00000000 III-A-2 27,432,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-3 58,418,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-4 38,268,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-5 28,381,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-6 30,953,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-M-1 7,429,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-M-2 4,643,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-M-3 2,322,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-CE 1,087,886.12 995.86342732 0.00000000 0.00000000 0.00000000 III-P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes Are Per $1000 Denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A-1 0.00000000 10.18561264 846.12180601 0.84612181 10.18561264 I-A-PO 0.00000000 1.56806723 985.05054314 0.98505054 1.56806723 I-A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 20.04382375 811.31639704 0.81131640 20.04382375 II-A-2 0.00000000 20.88655511 803.38329978 0.80338330 20.88655511 II-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-PO 0.00000000 9.47533932 952.70662679 0.95270663 9.47533932 II-A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M 0.00000000 3.06116690 981.97139935 0.98197140 3.06116690 B-1 0.00000000 3.06117155 981.97139470 0.98197139 3.06117155 B-2 0.00000000 3.06116071 981.97140625 0.98197141 3.06116071 B-3 0.00000000 3.06117318 981.97139665 0.98197140 3.06117318 B-4 0.00000000 3.06117318 981.97139665 0.98197140 3.06117318 B-5 0.00000000 3.06117805 981.97122222 0.98197122 3.06117805 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 0.00000000 75.84944939 659.23182107 0.65923182 75.84944939 III-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-CE 0.00000000 0.00000000 995.86342732 0.99586343 0.00000000 III-P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-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 I-A-1 61,561,000.00 5.50000% 52,715,140.99 241,611.06 0.00 0.00 I-A-PO 487,900.00 0.00000% 481,371.23 0.00 0.00 0.00 I-A-X 0.00 5.50000% 1,488,489.68 6,822.24 0.00 0.00 II-A-1 64,867,800.00 4.75000% 53,928,508.53 213,467.01 0.00 0.00 II-A-2 45,000,000.00 4.75000% 37,092,143.48 146,823.07 0.00 0.00 II-A-3 1,892,000.00 4.75000% 1,892,000.00 7,489.17 0.00 0.00 II-A-PO 1,172,299.97 0.00000% 1,127,965.89 0.00 0.00 0.00 II-A-X 0.00 4.75000% 4,005,174.71 15,853.82 0.00 0.00 M 2,151,000.00 5.01854% 2,118,805.05 8,861.10 0.00 0.00 B-1 717,000.00 5.01854% 706,268.35 2,953.70 0.00 0.00 B-2 448,000.00 5.01854% 441,294.59 1,845.55 0.00 0.00 B-3 358,000.00 5.01854% 352,641.66 1,474.79 0.00 0.00 B-4 358,000.00 5.01854% 352,641.66 1,474.79 0.00 0.00 B-5 179,313.32 5.01854% 176,629.43 738.69 0.00 0.00 R 100.00 5.50000% 0.00 0.00 0.00 0.00 III-A-1 110,605,000.00 1.49000% 81,303,663.92 104,317.12 0.00 0.00 III-A-2 27,432,000.00 3.11000% 27,432,000.00 71,094.60 0.00 0.00 III-A-3 58,418,000.00 3.69000% 58,418,000.00 179,635.35 0.00 0.00 III-A-4 38,268,000.00 4.96000% 38,268,000.00 158,174.40 0.00 0.00 III-A-5 28,381,000.00 5.66000% 28,381,000.00 133,863.72 0.00 0.00 III-A-6 30,953,000.00 4.74000% 30,953,000.00 122,264.35 0.00 0.00 III-M-1 7,429,000.00 5.17000% 7,429,000.00 32,006.61 0.00 0.00 III-M-2 4,643,000.00 5.77000% 4,643,000.00 22,325.09 0.00 0.00 III-M-3 2,322,000.00 6.40000% 2,322,000.00 12,384.00 0.00 0.00 III-A-IO 0.00 4.50000% 38,691,700.00 145,093.88 0.00 0.00 III-CE 1,087,886.12 0.00000% 1,083,386.00 0.00 0.00 0.00 III-P 100.00 0.00000% 100.00 0.00 0.00 0.00 III-R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 488,731,399.41 1,630,574.11 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-1 0.01 0.00 241,611.05 0.00 52,088,104.50 I-A-PO 0.00 0.00 0.00 0.00 480,606.16 I-A-X 0.00 0.00 6,822.24 0.00 1,462,988.28 II-A-1 0.01 0.00 213,467.00 0.00 52,628,309.78 II-A-2 0.01 0.00 146,823.06 0.00 36,152,248.49 II-A-3 0.00 0.00 7,489.17 0.00 1,892,000.00 II-A-PO 0.00 0.00 0.00 0.00 1,116,857.95 II-A-X 0.00 0.00 15,853.82 0.00 3,987,250.95 M 0.00 0.00 8,861.10 0.00 2,112,220.48 B-1 0.00 0.00 2,953.70 0.00 704,073.49 B-2 0.00 0.00 1,845.55 0.00 439,923.19 B-3 0.00 0.00 1,474.79 0.00 351,545.76 B-4 0.00 0.00 1,474.79 0.00 351,545.76 B-5 0.00 0.00 738.69 0.00 176,080.52 R 0.00 0.00 0.00 0.00 0.00 III-A-1 (0.02) 0.00 104,317.14 0.00 72,914,335.57 III-A-2 (0.01) 0.00 71,094.61 0.00 27,432,000.00 III-A-3 (0.03) 0.00 179,635.38 0.00 58,418,000.00 III-A-4 (0.03) 0.00 158,174.43 0.00 38,268,000.00 III-A-5 (0.03) 0.00 133,863.74 0.00 28,381,000.00 III-A-6 (0.02) 0.00 122,264.37 0.00 30,953,000.00 III-M-1 0.00 0.00 32,006.61 0.00 7,429,000.00 III-M-2 0.00 0.00 22,325.09 0.00 4,643,000.00 III-M-3 0.00 0.00 12,384.00 0.00 2,322,000.00 III-A-IO 0.00 0.00 145,093.88 0.00 30,953,400.00 III-CE 0.00 0.00 678,979.30 0.00 1,083,386.00 III-P 0.00 0.00 112,054.45 0.00 100.00 III-R 0.00 0.00 0.00 0.00 0.00 Totals (0.11) 0.00 2,421,607.96 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-1 61,561,000.00 5.50000% 856.30741850 3.92474229 0.00000000 0.00000000 I-A-PO 487,900.00 0.00000% 986.61863087 0.00000000 0.00000000 0.00000000 I-A-X 0.00 5.50000% 793.54966797 3.63710032 0.00000000 0.00000000 II-A-1 64,867,800.00 4.75000% 831.36022079 3.29080083 0.00000000 0.00000000 II-A-2 45,000,000.00 4.75000% 824.26985511 3.26273489 0.00000000 0.00000000 II-A-3 1,892,000.00 4.75000% 1000.00000000 3.95833510 0.00000000 0.00000000 II-A-PO 1,172,299.97 0.00000% 962.18196611 0.00000000 0.00000000 0.00000000 II-A-X 0.00 4.75000% 726.42025015 2.87541411 0.00000000 0.00000000 M 2,151,000.00 5.01854% 985.03256625 4.11952580 0.00000000 0.00000000 B-1 717,000.00 5.01854% 985.03256625 4.11952580 0.00000000 0.00000000 B-2 448,000.00 5.01854% 985.03256696 4.11953125 0.00000000 0.00000000 B-3 358,000.00 5.01854% 985.03256983 4.11952514 0.00000000 0.00000000 B-4 358,000.00 5.01854% 985.03256983 4.11952514 0.00000000 0.00000000 B-5 179,313.32 5.01854% 985.03240027 4.11954895 0.00000000 0.00000000 R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 110,605,000.00 1.49000% 735.08127047 0.94315013 0.00000000 0.00000000 III-A-2 27,432,000.00 3.11000% 1000.00000000 2.59166667 0.00000000 0.00000000 III-A-3 58,418,000.00 3.69000% 1000.00000000 3.07500000 0.00000000 0.00000000 III-A-4 38,268,000.00 4.96000% 1000.00000000 4.13333333 0.00000000 0.00000000 III-A-5 28,381,000.00 5.66000% 1000.00000000 4.71666678 0.00000000 0.00000000 III-A-6 30,953,000.00 4.74000% 1000.00000000 3.95000000 0.00000000 0.00000000 III-M-1 7,429,000.00 5.17000% 1000.00000000 4.30833356 0.00000000 0.00000000 III-M-2 4,643,000.00 5.77000% 1000.00000000 4.80833297 0.00000000 0.00000000 III-M-3 2,322,000.00 6.40000% 1000.00000000 5.33333333 0.00000000 0.00000000 III-A-IO 0.00 4.50000% 1000.00000000 3.75000013 0.00000000 0.00000000 III-CE 1,087,886.12 0.00000% 995.86342732 0.00000000 0.00000000 0.00000000 III-P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 III-R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes Are Per $1000 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-1 0.00000016 0.00000000 3.92474213 0.00000000 846.12180601 I-A-PO 0.00000000 0.00000000 0.00000000 0.00000000 985.05054314 I-A-X 0.00000000 0.00000000 3.63710032 0.00000000 779.95425796 II-A-1 0.00000015 0.00000000 3.29080067 0.00000000 811.31639704 II-A-2 0.00000022 0.00000000 3.26273467 0.00000000 803.38329978 II-A-3 0.00000000 0.00000000 3.95833510 0.00000000 1000.00000000 II-A-PO 0.00000000 0.00000000 0.00000000 0.00000000 952.70662679 II-A-X 0.00000000 0.00000000 2.87541411 0.00000000 723.16941014 M 0.00000000 0.00000000 4.11952580 0.00000000 981.97139935 B-1 0.00000000 0.00000000 4.11952580 0.00000000 981.97139470 B-2 0.00000000 0.00000000 4.11953125 0.00000000 981.97140625 B-3 0.00000000 0.00000000 4.11952514 0.00000000 981.97139665 B-4 0.00000000 0.00000000 4.11952514 0.00000000 981.97139665 B-5 0.00000000 0.00000000 4.11954895 0.00000000 981.97122222 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 (0.00000018) 0.00000000 0.94315031 0.00000000 659.23182107 III-A-2 (0.00000036) 0.00000000 2.59166703 0.00000000 1000.00000000 III-A-3 (0.00000051) 0.00000000 3.07500051 0.00000000 1000.00000000 III-A-4 (0.00000078) 0.00000000 4.13333412 0.00000000 1000.00000000 III-A-5 (0.00000106) 0.00000000 4.71666749 0.00000000 1000.00000000 III-A-6 (0.00000065) 0.00000000 3.95000065 0.00000000 1000.00000000 III-M-1 0.00000000 0.00000000 4.30833356 0.00000000 1000.00000000 III-M-2 0.00000000 0.00000000 4.80833297 0.00000000 1000.00000000 III-M-3 0.00000000 0.00000000 5.33333333 0.00000000 1000.00000000 III-A-IO 0.00000000 0.00000000 3.75000013 0.00000000 800.00103381 III-CE 0.00000000 0.00000000 624.12718346 0.00000000 995.86342732 III-P 0.00000000 0.00000000 1120544.50000000 0.00000000 1000.00000000 III-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 13,672,001.29 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 105,076.25 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 112,054.45 Total Deposits 13,889,131.99 Withdrawals Reimbursement for Servicer Advances 91,111.27 Payment of Service Fee 95,189.64 Payment of Interest and Principal 13,702,831.08 Total Withdrawals (Pool Distribution Amount) 13,889,131.99 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 89,920.59 Credit Risk Manager Fee - Murrayhill 3,470.67 Master Servicing Fee- Wells Fargo 1,798.38 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 95,189.64
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 0.00 0.00 1,000.00
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 9 0 0 9 1,092,391.42 0.00 0.00 1,092,391.42 30 Days 24 0 0 0 24 5,782,734.95 0.00 0.00 0.00 5,782,734.95 60 Days 2 3 5 0 10 219,477.99 598,070.73 729,779.28 0.00 1,547,328.00 90 Days 0 0 6 0 6 0.00 0.00 1,228,490.81 0.00 1,228,490.81 120 Days 0 6 15 1 22 0.00 1,112,541.54 3,943,969.84 96,799.39 5,153,310.77 150 Days 0 1 1 0 2 0.00 244,816.95 83,500.94 0.00 328,317.89 180+ Days 0 0 2 0 2 0.00 0.00 731,950.00 0.00 731,950.00 Totals 26 19 29 1 75 6,002,212.94 3,047,820.64 6,717,690.87 96,799.39 15,864,523.84 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 0.478469% 0.000000% 0.000000% 0.478469% 0.259520% 0.000000% 0.000000% 0.259520% 30 Days 1.275917% 0.000000% 0.000000% 0.000000% 1.275917% 1.373808% 0.000000% 0.000000% 0.000000% 1.373808% 60 Days 0.106326% 0.159490% 0.265816% 0.000000% 0.531632% 0.052142% 0.142084% 0.173374% 0.000000% 0.367600% 90 Days 0.000000% 0.000000% 0.318979% 0.000000% 0.318979% 0.000000% 0.000000% 0.291853% 0.000000% 0.291853% 120 Days 0.000000% 0.318979% 0.797448% 0.053163% 1.169591% 0.000000% 0.264307% 0.936972% 0.022997% 1.224276% 150 Days 0.000000% 0.053163% 0.053163% 0.000000% 0.106326% 0.000000% 0.058161% 0.019837% 0.000000% 0.077999% 180+ Days 0.000000% 0.000000% 0.106326% 0.000000% 0.106326% 0.000000% 0.000000% 0.173890% 0.000000% 0.173890% Totals 1.382243% 1.010101% 1.541733% 0.053163% 3.987241% 1.425950% 0.724073% 1.595927% 0.022997% 3.768946%
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 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 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 1 0 0 0 1 412,462.07 0.00 0.00 0.00 412,462.07 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 1 412,462.07 0.00 0.00 0.00 412,462.07 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.495050% 0.000000% 0.000000% 0.000000% 0.495050% 0.435375% 0.000000% 0.000000% 0.000000% 0.435375% 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 0.495050% 0.000000% 0.000000% 0.000000% 0.495050% 0.435375% 0.000000% 0.000000% 0.000000% 0.435375% 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 9 0 0 9 1,092,391.42 0.00 0.00 1,092,391.42 30 Days 23 0 0 0 23 5,370,272.88 0.00 0.00 0.00 5,370,272.88 60 Days 2 3 5 0 10 219,477.99 598,070.73 729,779.28 0.00 1,547,328.00 90 Days 0 0 6 0 6 0.00 0.00 1,228,490.81 0.00 1,228,490.81 120 Days 0 6 15 1 22 0.00 1,112,541.54 3,943,969.84 96,799.39 5,153,310.77 150 Days 0 1 1 0 2 0.00 244,816.95 83,500.94 0.00 328,317.89 180 Days 0 0 2 0 2 0.00 0.00 731,950.00 0.00 731,950.00 Totals 25 19 29 1 74 5,589,750.87 3,047,820.64 6,717,690.87 96,799.39 15,452,061.77 0-29 Days 0.577664% 0.000000% 0.000000% 0.577664% 0.401484% 0.000000% 0.000000% 0.401484% 30 Days 1.476252% 0.000000% 0.000000% 0.000000% 1.476252% 1.973724% 0.000000% 0.000000% 0.000000% 1.973724% 60 Days 0.128370% 0.192555% 0.320924% 0.000000% 0.641849% 0.080664% 0.219808% 0.268214% 0.000000% 0.568686% 90 Days 0.000000% 0.000000% 0.385109% 0.000000% 0.385109% 0.000000% 0.000000% 0.451505% 0.000000% 0.451505% 120 Days 0.000000% 0.385109% 0.962773% 0.064185% 1.412067% 0.000000% 0.408890% 1.449518% 0.035576% 1.893985% 150 Days 0.000000% 0.064185% 0.064185% 0.000000% 0.128370% 0.000000% 0.089977% 0.030689% 0.000000% 0.120666% 180 Days 0.000000% 0.000000% 0.128370% 0.000000% 0.128370% 0.000000% 0.000000% 0.269012% 0.000000% 0.269012% Totals 1.604621% 1.219512% 1.861361% 0.064185% 4.749679% 2.054389% 1.120159% 2.468938% 0.035576% 5.679062%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 105,076.25
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.02046114% 100,000.00 0.02379042% Fraud 3,583,848.26 0.73329609% 2,969,870.32 0.70654450% Special Hazard 2,074,436.38 0.42445326% 2,074,436.38 0.49351704% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.685745% Weighted Average Net Coupon 6.435745% Weighted Average Pass-Through Rate 6.421096% Weighted Average Maturity (Stepdown Calculation) 297 Beginning Scheduled Collateral Loan Count 1,931 Number Of Loans Paid In Full 50 Ending Scheduled Collateral Loan Count 1,881 Beginning Scheduled Collateral Balance 431,618,560.78 Ending Scheduled Collateral Balance 420,337,337.66 Ending Actual Collateral Balance at 30-Jun-2004 420,927,309.51 Monthly P &I Constant 3,127,901.72 Special Servicing Fee 0.00 Prepayment Penalties 112,054.45 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 420,337,337.66 Scheduled Principal 723,158.64 Unscheduled Principal 10,558,064.48 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 1,083,386.00 Overcollateralized Amount 1,083,386.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 5.865297 5.155326 7.373960 Weighted Average Net Rate 5.615297 4.905326 7.123960 Weighted Average Maturity 348 168 334 Beginning Loan Count 122 204 1,605 Loans Paid In Full 1 2 47 Ending Loan Count 121 202 1,558 Beginning Scheduled Balance 54,681,838.04 96,703,572.82 280,233,149.92 Ending scheduled Balance 54,052,371.50 94,441,144.59 271,843,821.57 Record Date 06/30/2004 06/30/2004 06/30/2004 Principal And Interest Constant 328,599.01 823,471.37 1,975,831.34 Scheduled Principal 61,327.97 408,022.66 253,808.01 Unscheduled Principal 568,138.57 1,854,405.57 8,135,520.34 Scheduled Interest 267,271.04 415,448.71 1,722,023.33 Servicing Fees 11,392.05 20,146.58 58,381.96 Master Servicing Fees 227.83 402.92 1,167.63 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 410.12 725.27 2,335.28 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 255,241.04 394,173.94 1,660,138.46 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 5.601298 4.891326 7.108960
Group Level Collateral Statement Group Total Collateral Description Mixed Fixed Weighted Average Coupon Rate 6.685745 Weighted Average Net Rate 6.435745 Weighted Average Maturity 297 Beginning Loan Count 1,931 Loans Paid In Full 50 Ending Loan Count 1,881 Beginning Scheduled Balance 431,618,560.78 Ending scheduled Balance 420,337,337.66 Record Date 06/30/2004 Principal And Interest Constant 3,127,901.72 Scheduled Principal 723,158.64 Unscheduled Principal 10,558,064.48 Scheduled Interest 2,404,743.08 Servicing Fees 89,920.59 Master Servicing Fees 1,798.38 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 3,470.67 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 2,309,553.44 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 6.421096
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