-----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, QrtYTAwFbNY5Uyubg/trYnAbNz16iYQfGGRZbgSZ5M8Nbtn8GxUioaZ+Dj5mUuuU 0kh5BbeDPU3dyvCNa0xZRQ== 0001056404-04-004351.txt : 20041206 0001056404-04-004351.hdr.sgml : 20041206 20041206081909 ACCESSION NUMBER: 0001056404-04-004351 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: 20041206 DATE AS OF CHANGE: 20041206 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] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-100675-03 FILM NUMBER: 041185301 8-K 1 dms04001_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 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) 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 DEUTSCHE MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2004-1 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 2004-1 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. DEUTSCHE MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2004-1 Trust (Registrant) 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: 12/4/2004 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 November 26, 2004 distribution. EX-99.1
Deutsche Mortgage Securities Mortgage Pass-Through Certificates Record Date: 10/31/2004 Distribution Date: 11/26/2004 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% 47,042,031.70 215,609.34 1,358,388.68 I-A-PO 251563CJ9 SEN 0.00000% 467,002.81 0.00 1,851.92 I-A-X 251563CH3 SEN 5.50000% 0.00 6,084.23 0.00 II-A-1 251563CK6 SEN 4.75000% 51,175,450.09 202,569.52 304,420.68 II-A-2 251563CV2 SEN 4.75000% 35,101,997.11 138,945.42 220,061.33 II-A-3 251563CW0 SEN 4.75000% 1,892,000.00 7,489.17 0.00 II-A-PO 251563CM2 SEN 0.00000% 1,062,640.16 0.00 5,220.11 II-A-X 251563CL4 SEN 4.75000% 0.00 15,554.68 0.00 M 251563CN0 SEN 5.02072% 2,092,233.37 8,753.77 6,677.16 B-1 251563CP5 SUB 5.02072% 697,411.12 2,917.92 2,225.72 B-2 251563CQ3 SUB 5.02072% 435,760.37 1,823.19 1,390.69 B-3 251510DA7 SUB 5.02072% 348,219.22 1,456.93 1,111.31 B-4 251510DC3 SUB 5.02072% 348,219.22 1,456.93 1,111.31 B-5 251563DE9 SUB 5.02072% 174,414.34 729.74 556.63 R 251563CR1 SEN 5.50000% 0.00 0.00 0.00 III-A-1 251563BW1 SEN 2.12250% 44,366,480.06 83,704.76 10,838,673.02 III-A-2 251563BX9 SEN 3.11000% 27,432,000.00 71,094.60 0.00 III-A-3 251563BY7 SEN 3.69000% 58,418,000.00 179,635.36 0.00 III-A-4 251563BZ4 SEN 4.96000% 38,268,000.00 158,174.41 0.00 III-A-5 251563CA8 SEN 5.66000% 28,381,000.00 133,863.72 0.00 III-A-6 251563CB6 SEN 4.74000% 30,953,000.00 122,264.35 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% 0.00 116,075.25 0.00 III-CE 251563CT7 SEN 0.00000% 1,083,386.00 500,719.26 0.00 III-P CU4251563 SEN 0.00000% 100.00 65,952.71 0.00 III-R 251563CS9 SEN 0.00000% 0.00 0.00 0.00 Totals 384,133,345.57 2,101,590.96 12,741,688.56
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 45,683,643.02 1,573,998.02 0.00 I-A-PO 0.00 465,150.88 1,851.92 0.00 I-A-X 0.00 0.00 6,084.23 0.00 II-A-1 0.00 50,871,029.41 506,990.20 0.00 II-A-2 0.00 34,881,935.78 359,006.75 0.00 II-A-3 0.00 1,892,000.00 7,489.17 0.00 II-A-PO 0.00 1,057,420.05 5,220.11 0.00 II-A-X 0.00 0.00 15,554.68 0.00 M 0.00 2,085,556.21 15,430.93 0.00 B-1 0.00 695,185.40 5,143.64 0.00 B-2 0.00 434,369.68 3,213.88 0.00 B-3 0.00 347,107.91 2,568.24 0.00 B-4 0.00 347,107.91 2,568.24 0.00 B-5 0.00 173,857.72 1,286.37 0.00 R 0.00 0.00 0.00 0.00 III-A-1 0.00 33,527,807.04 10,922,377.78 0.00 III-A-2 0.00 27,432,000.00 71,094.60 0.00 III-A-3 0.00 58,418,000.00 179,635.36 0.00 III-A-4 0.00 38,268,000.00 158,174.41 0.00 III-A-5 0.00 28,381,000.00 133,863.72 0.00 III-A-6 0.00 30,953,000.00 122,264.35 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 0.00 116,075.25 0.00 III-CE 0.00 1,083,386.00 500,719.26 0.00 III-P 0.00 100.00 65,952.71 0.00 III-R 0.00 0.00 0.00 0.00 Totals 0.00 371,391,657.01 14,843,279.52 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 47,042,031.70 54,440.27 1,303,948.41 0.00 0.00 I-A-PO 487,900.00 467,002.81 571.49 1,280.43 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 51,175,450.09 222,121.60 82,299.07 0.00 0.00 II-A-2 45,000,000.00 35,101,997.11 160,568.51 59,492.82 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 1,062,640.16 4,746.03 474.08 0.00 0.00 II-A-X 0.00 0.00 0.00 0.00 0.00 0.00 M 2,151,000.00 2,092,233.37 6,677.16 0.00 0.00 0.00 B-1 717,000.00 697,411.12 2,225.72 0.00 0.00 0.00 B-2 448,000.00 435,760.37 1,390.69 0.00 0.00 0.00 B-3 358,000.00 348,219.22 1,111.31 0.00 0.00 0.00 B-4 358,000.00 348,219.22 1,111.31 0.00 0.00 0.00 B-5 179,313.32 174,414.34 556.63 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 44,366,480.06 0.00 10,838,673.02 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 488,731,399.41 384,133,345.57 455,520.72 12,286,167.83 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 1,358,388.68 45,683,643.02 0.74208741 1,358,388.68 I-A-PO 1,851.92 465,150.88 0.95337340 1,851.92 I-A-X 0.00 0.00 0.00000000 0.00 II-A-1 304,420.68 50,871,029.41 0.78422622 304,420.68 II-A-2 220,061.33 34,881,935.78 0.77515413 220,061.33 II-A-3 0.00 1,892,000.00 1.00000000 0.00 II-A-PO 5,220.11 1,057,420.05 0.90200467 5,220.11 II-A-X 0.00 0.00 0.00000000 0.00 M 6,677.16 2,085,556.21 0.96957518 6,677.16 B-1 2,225.72 695,185.40 0.96957517 2,225.72 B-2 1,390.69 434,369.68 0.96957518 1,390.69 B-3 1,111.31 347,107.91 0.96957517 1,111.31 B-4 1,111.31 347,107.91 0.96957517 1,111.31 B-5 556.63 173,857.72 0.96957504 556.63 R 0.00 0.00 0.00000000 0.00 III-A-1 10,838,673.02 33,527,807.04 0.30313103 10,838,673.02 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 12,741,688.56 371,391,657.01 0.75990955 12,741,688.56
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 61,561,000.00 764.15314404 0.88433050 21.18140397 0.00000000 I-A-PO 487,900.00 957.16911252 1.17132609 2.62436975 0.00000000 I-A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 64,867,800.00 788.91915696 3.42421972 1.26871992 0.00000000 II-A-2 45,000,000.00 780.04438022 3.56818911 1.32206267 0.00000000 II-A-3 1,892,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-PO 1,172,299.97 906.45755113 4.04847746 0.40440161 0.00000000 II-A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M 2,151,000.00 972.67939098 3.10421199 0.00000000 0.00000000 B-1 717,000.00 972.67938633 3.10421199 0.00000000 0.00000000 B-2 448,000.00 972.67939732 3.10421875 0.00000000 0.00000000 B-3 358,000.00 972.67938547 3.10421788 0.00000000 0.00000000 B-4 358,000.00 972.67938547 3.10421788 0.00000000 0.00000000 B-5 179,313.32 972.67921870 3.10423119 0.00000000 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 110,605,000.00 401.12544695 0.00000000 97.99442177 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 22.06573447 742.08740956 0.74208741 22.06573447 I-A-PO 0.00000000 3.79569584 953.37339619 0.95337340 3.79569584 I-A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 4.69293979 784.22621717 0.78422622 4.69293979 II-A-2 0.00000000 4.89025178 775.15412844 0.77515413 4.89025178 II-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-PO 0.00000000 4.45287907 902.00467206 0.90200467 4.45287907 II-A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M 0.00000000 3.10421199 969.57517899 0.96957518 3.10421199 B-1 0.00000000 3.10421199 969.57517434 0.96957517 3.10421199 B-2 0.00000000 3.10421875 969.57517857 0.96957518 3.10421875 B-3 0.00000000 3.10421788 969.57516760 0.96957517 3.10421788 B-4 0.00000000 3.10421788 969.57516760 0.96957517 3.10421788 B-5 0.00000000 3.10423119 969.57504328 0.96957504 3.10423119 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 0.00000000 97.99442177 303.13102518 0.30313103 97.99442177 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% 47,042,031.70 215,609.31 0.00 0.00 I-A-PO 487,900.00 0.00000% 467,002.81 0.00 0.00 0.00 I-A-X 0.00 5.50000% 1,327,468.37 6,084.23 0.00 0.00 II-A-1 64,867,800.00 4.75000% 51,175,450.09 202,569.49 0.00 0.00 II-A-2 45,000,000.00 4.75000% 35,101,997.11 138,945.41 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% 1,062,640.16 0.00 0.00 0.00 II-A-X 0.00 4.75000% 3,929,602.91 15,554.68 0.00 0.00 M 2,151,000.00 5.02072% 2,092,233.37 8,753.77 0.00 0.00 B-1 717,000.00 5.02072% 697,411.12 2,917.92 0.00 0.00 B-2 448,000.00 5.02072% 435,760.37 1,823.19 0.00 0.00 B-3 358,000.00 5.02072% 348,219.22 1,456.93 0.00 0.00 B-4 358,000.00 5.02072% 348,219.22 1,456.93 0.00 0.00 B-5 179,313.32 5.02072% 174,414.34 729.74 0.00 0.00 R 100.00 5.50000% 0.00 0.00 0.00 0.00 III-A-1 110,605,000.00 2.12250% 44,366,480.06 83,704.76 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% 30,953,400.00 116,075.25 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 1,534,918.90 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 (0.03) 0.00 215,609.34 0.00 45,683,643.02 I-A-PO 0.00 0.00 0.00 0.00 465,150.88 I-A-X 0.00 0.00 6,084.23 0.00 1,281,949.52 II-A-1 (0.03) 0.00 202,569.52 0.00 50,871,029.41 II-A-2 (0.02) 0.00 138,945.42 0.00 34,881,935.78 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 1,057,420.05 II-A-X 0.00 0.00 15,554.68 0.00 3,906,219.19 M 0.00 0.00 8,753.77 0.00 2,085,556.21 B-1 0.00 0.00 2,917.92 0.00 695,185.40 B-2 0.00 0.00 1,823.19 0.00 434,369.68 B-3 0.00 0.00 1,456.93 0.00 347,107.91 B-4 0.00 0.00 1,456.93 0.00 347,107.91 B-5 0.00 0.00 729.74 0.00 173,857.72 R 0.00 0.00 0.00 0.00 0.00 III-A-1 0.00 0.00 83,704.76 0.00 33,527,807.04 III-A-2 0.00 0.00 71,094.60 0.00 27,432,000.00 III-A-3 (0.01) 0.00 179,635.36 0.00 58,418,000.00 III-A-4 (0.01) 0.00 158,174.41 0.00 38,268,000.00 III-A-5 0.00 0.00 133,863.72 0.00 28,381,000.00 III-A-6 0.00 0.00 122,264.35 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 0.00 116,075.25 0.00 30,953,400.00 III-CE 0.00 0.00 500,719.26 0.00 1,083,386.00 III-P 0.00 0.00 65,952.71 0.00 100.00 III-R 0.00 0.00 0.00 0.00 0.00 Totals (0.10) 0.00 2,101,590.96 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% 764.15314404 3.50236855 0.00000000 0.00000000 I-A-PO 487,900.00 0.00000% 957.16911252 0.00000000 0.00000000 0.00000000 I-A-X 0.00 5.50000% 707.70533273 3.24364943 0.00000000 0.00000000 II-A-1 64,867,800.00 4.75000% 788.91915696 3.12280500 0.00000000 0.00000000 II-A-2 45,000,000.00 4.75000% 780.04438022 3.08767578 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% 906.45755113 0.00000000 0.00000000 0.00000000 II-A-X 0.00 4.75000% 712.71376047 2.82115896 0.00000000 0.00000000 M 2,151,000.00 5.02072% 972.67939098 4.06962808 0.00000000 0.00000000 B-1 717,000.00 5.02072% 972.67938633 4.06962343 0.00000000 0.00000000 B-2 448,000.00 5.02072% 972.67939732 4.06962054 0.00000000 0.00000000 B-3 358,000.00 5.02072% 972.67938547 4.06963687 0.00000000 0.00000000 B-4 358,000.00 5.02072% 972.67938547 4.06963687 0.00000000 0.00000000 B-5 179,313.32 5.02072% 972.67921870 4.06963632 0.00000000 0.00000000 R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 110,605,000.00 2.12250% 401.12544695 0.75679002 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% 800.00103381 3.00000388 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 (0.00000049) 0.00000000 3.50236903 0.00000000 742.08740956 I-A-PO 0.00000000 0.00000000 0.00000000 0.00000000 953.37339619 I-A-X 0.00000000 0.00000000 3.24364943 0.00000000 683.43813842 II-A-1 (0.00000046) 0.00000000 3.12280546 0.00000000 784.22621717 II-A-2 (0.00000044) 0.00000000 3.08767600 0.00000000 775.15412844 II-A-3 0.00000000 0.00000000 3.95833510 0.00000000 1000.00000000 II-A-PO 0.00000000 0.00000000 0.00000000 0.00000000 902.00467206 II-A-X 0.00000000 0.00000000 2.82115896 0.00000000 708.47264517 M 0.00000000 0.00000000 4.06962808 0.00000000 969.57517899 B-1 0.00000000 0.00000000 4.06962343 0.00000000 969.57517434 B-2 0.00000000 0.00000000 4.06962054 0.00000000 969.57517857 B-3 0.00000000 0.00000000 4.06963687 0.00000000 969.57516760 B-4 0.00000000 0.00000000 4.06963687 0.00000000 969.57516760 B-5 0.00000000 0.00000000 4.06963632 0.00000000 969.57504328 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 0.00000000 0.00000000 0.75679002 0.00000000 303.13102518 III-A-2 0.00000000 0.00000000 2.59166667 0.00000000 1000.00000000 III-A-3 (0.00000017) 0.00000000 3.07500017 0.00000000 1000.00000000 III-A-4 (0.00000026) 0.00000000 4.13333359 0.00000000 1000.00000000 III-A-5 0.00000000 0.00000000 4.71666678 0.00000000 1000.00000000 III-A-6 0.00000000 0.00000000 3.95000000 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 3.00000388 0.00000000 800.00103381 III-CE 0.00000000 0.00000000 460.26808394 0.00000000 995.86342732 III-P 0.00000000 0.00000000 659527.10000000 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 14,861,806.80 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 94,469.48 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 65,952.71 Total Deposits 15,022,228.99 Withdrawals Reimbursement for Servicer Advances 94,237.28 Payment of Service Fee 84,712.19 Payment of Interest and Principal 14,843,279.52 Total Withdrawals (Pool Distribution Amount) 15,022,228.99 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 80,027.85 Credit Risk Manager Fee - Murrayhill 3,083.82 Master Servicing Fee- Wells Fargo 1,600.52 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 84,712.19
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 8 0 0 8 1,074,061.89 0.00 0.00 1,074,061.89 30 Days 20 1 0 0 21 3,074,338.33 83,369.67 0.00 0.00 3,157,708.00 60 Days 3 1 4 0 8 688,869.79 393,325.91 840,233.52 0.00 1,922,429.22 90 Days 0 0 2 0 2 0.00 0.00 347,978.14 0.00 347,978.14 120 Days 0 2 4 0 6 0.00 385,544.11 628,567.44 0.00 1,014,111.55 150 Days 1 0 5 0 6 121,102.21 0.00 1,340,521.93 0.00 1,461,624.14 180+ Days 0 7 12 7 26 0.00 1,209,620.51 2,476,718.32 1,720,321.65 5,406,660.48 Totals 24 19 27 7 77 3,884,310.33 3,145,922.09 5,634,019.35 1,720,321.65 14,384,573.42 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 0.476758% 0.000000% 0.000000% 0.476758% 0.288729% 0.000000% 0.000000% 0.288729% 30 Days 1.191895% 0.059595% 0.000000% 0.000000% 1.251490% 0.826443% 0.022411% 0.000000% 0.000000% 0.848854% 60 Days 0.178784% 0.059595% 0.238379% 0.000000% 0.476758% 0.185182% 0.105734% 0.225871% 0.000000% 0.516787% 90 Days 0.000000% 0.000000% 0.119190% 0.000000% 0.119190% 0.000000% 0.000000% 0.093543% 0.000000% 0.093543% 120 Days 0.000000% 0.119190% 0.238379% 0.000000% 0.357569% 0.000000% 0.103642% 0.168971% 0.000000% 0.272613% 150 Days 0.059595% 0.000000% 0.297974% 0.000000% 0.357569% 0.032555% 0.000000% 0.360359% 0.000000% 0.392913% 180+ Days 0.000000% 0.417163% 0.715137% 0.417163% 1.549464% 0.000000% 0.325170% 0.665791% 0.462456% 1.453417% Totals 1.430274% 1.132300% 1.609058% 0.417163% 4.588796% 1.044179% 0.845686% 1.514536% 0.462456% 3.866858%
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 1 559,009.39 0.00 0.00 0.00 559,009.39 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 1 559,009.39 0.00 0.00 0.00 559,009.39 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.502513% 0.000000% 0.000000% 0.000000% 0.502513% 0.610110% 0.000000% 0.000000% 0.000000% 0.610110% 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 0.502513% 0.000000% 0.000000% 0.000000% 0.502513% 0.610110% 0.000000% 0.000000% 0.000000% 0.610110% 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 8 0 0 8 1,074,061.89 0.00 0.00 1,074,061.89 30 Days 19 1 0 0 20 2,515,328.94 83,369.67 0.00 0.00 2,598,698.61 60 Days 3 1 4 0 8 688,869.79 393,325.91 840,233.52 0.00 1,922,429.22 90 Days 0 0 2 0 2 0.00 0.00 347,978.14 0.00 347,978.14 120 Days 0 2 4 0 6 0.00 385,544.11 628,567.44 0.00 1,014,111.55 150 Days 1 0 5 0 6 121,102.21 0.00 1,340,521.93 0.00 1,461,624.14 180 Days 0 7 12 7 26 0.00 1,209,620.51 2,476,718.32 1,720,321.65 5,406,660.48 Totals 23 19 27 7 76 3,325,300.94 3,145,922.09 5,634,019.35 1,720,321.65 13,825,564.03 0-29 Days 0.583090% 0.000000% 0.000000% 0.583090% 0.461565% 0.000000% 0.000000% 0.461565% 30 Days 1.384840% 0.072886% 0.000000% 0.000000% 1.457726% 1.080932% 0.035827% 0.000000% 0.000000% 1.116759% 60 Days 0.218659% 0.072886% 0.291545% 0.000000% 0.583090% 0.296033% 0.169027% 0.361080% 0.000000% 0.826140% 90 Days 0.000000% 0.000000% 0.145773% 0.000000% 0.145773% 0.000000% 0.000000% 0.149539% 0.000000% 0.149539% 120 Days 0.000000% 0.145773% 0.291545% 0.000000% 0.437318% 0.000000% 0.165683% 0.270119% 0.000000% 0.435802% 150 Days 0.072886% 0.000000% 0.364431% 0.000000% 0.437318% 0.052042% 0.000000% 0.576073% 0.000000% 0.628115% 180 Days 0.000000% 0.510204% 0.874636% 0.510204% 1.895044% 0.000000% 0.519820% 1.064339% 0.739287% 2.323446% Totals 1.676385% 1.384840% 1.967930% 0.510204% 5.539359% 1.429007% 1.351921% 2.421150% 0.739287% 5.941366%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 94,469.48
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.02046114% 100,000.00 0.02692575% Fraud 3,583,848.26 0.73329609% 2,778,687.28 0.74818247% Special Hazard 2,074,436.38 0.42445326% 2,074,436.38 0.55855761% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.623795% Weighted Average Net Coupon 6.373795% Weighted Average Pass-Through Rate 6.359161% Weighted Average Maturity(Stepdown Calculation ) 293 Beginning Scheduled Collateral Loan Count 1,737 Number Of Loans Paid In Full 59 Ending Scheduled Collateral Loan Count 1,678 Beginning Scheduled Collateral Balance 384,133,345.57 Ending Scheduled Collateral Balance 371,391,657.03 Ending Actual Collateral Balance at 31-Oct-2004 371,996,426.35 Monthly P &I Constant 2,809,015.10 Special Servicing Fee 0.00 Prepayment Penalties 65,952.71 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 371,391,657.03 Scheduled Principal 686,851.30 Unscheduled Principal 12,054,837.24 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 5.860608 5.162266 7.329223 Weighted Average Net Rate 5.610607 4.912266 7.079223 Weighted Average Maturity 344 164 330 Beginning Loan Count 110 199 1,428 Loans Paid In Full 3 0 56 Ending Loan Count 107 199 1,372 Beginning Scheduled Balance 48,987,634.55 91,849,744.96 243,295,966.06 Ending scheduled Balance 47,625,682.81 91,308,681.18 232,457,293.04 Record Date 10/31/2004 10/31/2004 10/31/2004 Principal And Interest Constant 295,970.65 793,925.13 1,719,119.32 Scheduled Principal 56,722.90 398,797.81 231,330.59 Unscheduled Principal 1,305,228.84 142,265.97 10,607,342.43 Scheduled Interest 239,247.75 395,127.32 1,487,788.73 Servicing Fees 10,205.77 19,135.36 50,686.72 Master Servicing Fees 204.10 382.73 1,013.69 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 367.41 688.89 2,027.52 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 228,470.47 374,920.34 1,434,060.80 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 5.596608 4.898266 7.064223
Group Level Collateral Statement Group Total Collateral Description Mixed Fixed Weighted Average Coupon Rate 6.623795 Weighted Average Net Rate 6.373795 Weighted Average Maturity 293 Beginning Loan Count 1,737 Loans Paid In Full 59 Ending Loan Count 1,678 Beginning Scheduled Balance 384,133,345.57 Ending scheduled Balance 371,391,657.03 Record Date 10/31/2004 Principal And Interest Constant 2,809,015.10 Scheduled Principal 686,851.30 Unscheduled Principal 12,054,837.24 Scheduled Interest 2,122,163.80 Servicing Fees 80,027.85 Master Servicing Fees 1,600.52 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 3,083.82 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 2,037,451.61 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 6.359161
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