-----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, JPOqvmcXrNfZoUPU5puENDjGruPJKt09Y3Hv6fyZA6V7eP+pn5DaQYsi/w1cWsd2 /t1ZRGTEdVmc2uuh6n6bAw== 0001056404-05-001041.txt : 20050207 0001056404-05-001041.hdr.sgml : 20050207 20050207094750 ACCESSION NUMBER: 0001056404-05-001041 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040225 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050207 DATE AS OF CHANGE: 20050207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STURCTURED ASSET SECURITIES CORP MORT PASS THRU SER 2004-1 CENTRAL INDEX KEY: 0001278296 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 333-92140-39 FILM NUMBER: 05579117 BUSINESS ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 8-K/A 1 srm04001_10402.txt FEBRUARY 8K/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K/A CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 25, 2004 STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-92140-39 54-2142341 Pooling and Servicing Agreement) (Commission 54-2142342 (State or other File Number) 54-2142343 jurisdiction 54-2142344 of Incorporation) 54-2142345 54-6593445 54-6593446 54-6593447 54-6593448 54-6593449 54-6593450 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 Subsequent to filing the 8-K relating to the payment date on February 25, 2004, a revision was made to the STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2004-1 which was not included in the original 8-K filed. The 8-K is being amended because class C-X not showing on the remittance report. This revision was not previously disclosed in a 1934 Act filing. The revised data has been and will continue to be available on the Wells Fargo Bank, website at www.ctslink.com. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Amended monthly report distributed to holder of Mortgage Pass-Through Certificates, Series 2004-1 Trust, relating to the February 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. STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 1/28/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Amended monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-1 Trust, relating to the February 25, 2004 distribution. EX-99.1
Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Record Date: 1/31/2004 Distribution Date: 2/25/2004 Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Series 2004-1 Contact: CTSLink Customer Service Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 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 R 86359BHB0 RES 4.10003% 100.00 0.34 100.00 1-A 86359BFY2 SEN 4.10003% 216,071,000.00 738,248.78 3,499,575.15 2-A 86359BFZ9 SEN 1.41000% 24,345,000.00 23,837.81 568,633.61 2-AX 86359BGA3 IO 2.44641% 0.00 49,631.50 0.00 3-A1 86359BGB1 SEN 5.31890% 40,000,000.00 177,296.84 752,078.72 3-A2 86359BGC9 SEN 4.13000% 110,160,000.00 379,134.01 2,071,224.79 3-A3 86359BGD7 SEN 4.65500% 50,000,000.00 193,958.34 940,098.40 3-AX 86359BGE5 IO 4.29000% 0.00 136,804.19 0.00 4-A1 86359BGF2 SEN 4.18000% 100,000,000.00 348,333.34 1,381,674.48 4-A2 86359BGG0 SEN 4.58000% 150,000,000.00 572,500.01 2,072,511.72 4-A3 86359BGH8 SEN 4.17000% 100,000,000.00 347,500.01 1,381,674.48 4-A4 86359BGJ4 SEN 4.13000% 138,779,000.00 477,631.07 1,917,474.02 4-A5 86359BGK1 SEN 4.50000% 2,500,000.00 9,375.00 34,541.86 4-AX 86359BGL9 IO 4.29000% 0.00 351,773.84 0.00 4-PAX 86359BGM7 IO 4.29000% 0.00 183,541.75 0.00 5-A 86359BGN5 SEN 3.88000% 99,466,000.00 321,606.74 1,489,174.41 5-AX 86359BGP0 IO 3.88000% 0.00 92,021.36 0.00 6-A 86359BGQ8 SEN 4.53000% 71,083,000.00 268,338.33 51,485.51 6-AX 86359BGR6 IO 4.53000% 0.00 40,986.03 0.00 B1-I 86359BGS4 SUB 1.80000% 7,858,000.00 9,822.50 2,494.00 B1X-I 86359BGT2 IO 2.55155% 0.00 16,708.43 0.00 B2-I 86359BGU9 SUB 2.50000% 3,349,000.00 5,814.24 1,062.92 B2X-I 86359BGV7 IO 1.96822% 0.00 5,492.98 0.00 B1-II 86359BGW5 SUB 1.75000% 34,109,000.00 43,109.99 12,528.98 B1X-II 86359BGX3 IO 3.65601% 0.00 90,063.19 0.00 B2-II 86359BGY1 SUB 4.68521% 8,756,000.00 34,186.41 3,216.27 B-3 86359BHA2 SUB 4.51917% 5,415,000.00 20,392.74 1,918.19 B-4 86359BHC8 SUB 4.51917% 8,255,000.00 31,088.09 2,924.22 B-5 86359BHD6 SUB 4.51917% 5,306,000.00 19,982.24 1,879.58 B-6 86359BHE4 SUB 4.51917% 4,144,605.13 15,608.46 1,468.17 P-1 SRM0401P1 SEN 0.00000% 0.00 7,559.92 0.00 P-2 SRM0401P2 SEN 0.00000% 0.00 0.00 0.00 P-3 SRM0401P3 SEN 0.00000% 0.00 7,917.45 0.00 C-X SRM0401CX SEN 0.00000% 0.00 0.00 0.00 Totals 1,179,596,705.13 5,020,265.93 16,187,739.48
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses R 0.00 0.00 100.34 0.00 1-A 0.00 212,571,424.85 4,237,823.93 0.00 2-A 0.00 23,776,366.39 592,471.42 0.00 2-AX 0.00 0.00 49,631.50 0.00 3-A1 0.00 39,247,921.28 929,375.56 0.00 3-A2 0.00 108,088,775.21 2,450,358.80 0.00 3-A3 0.00 49,059,901.60 1,134,056.74 0.00 3-AX 0.00 0.00 136,804.19 0.00 4-A1 0.00 98,618,325.52 1,730,007.82 0.00 4-A2 0.00 147,927,488.28 2,645,011.73 0.00 4-A3 0.00 98,618,325.52 1,729,174.49 0.00 4-A4 0.00 136,861,525.98 2,395,105.09 0.00 4-A5 0.00 2,465,458.14 43,916.86 0.00 4-AX 0.00 0.00 351,773.84 0.00 4-PAX 0.00 0.00 183,541.75 0.00 5-A 0.00 97,976,825.59 1,810,781.15 0.00 5-AX 0.00 0.00 92,021.36 0.00 6-A 0.00 71,031,514.49 319,823.84 0.00 6-AX 0.00 0.00 40,986.03 0.00 B1-I 0.00 7,855,506.00 12,316.50 0.00 B1X-I 0.00 0.00 16,708.43 0.00 B2-I 0.00 3,347,937.08 6,877.16 0.00 B2X-I 0.00 0.00 5,492.98 0.00 B1-II 0.00 34,096,471.02 55,638.97 0.00 B1X-II 0.00 0.00 90,063.19 0.00 B2-II 0.00 8,752,783.73 37,402.68 0.00 B-3 0.00 5,413,081.81 22,310.93 0.00 B-4 0.00 8,252,075.78 34,012.31 0.00 B-5 0.00 5,304,120.42 21,861.82 0.00 B-6 0.00 4,143,136.96 17,076.63 0.00 P-1 0.00 0.00 7,559.92 0.00 P-2 0.00 0.00 0.00 0.00 P-3 0.00 0.00 7,917.45 0.00 C-X 0.00 0.00 0.00 0.00 Totals 0.00 1,163,408,965.65 21,208,005.41 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) R 100.00 100.00 1.25 98.75 0.00 0.00 1-A 216,071,000.00 216,071,000.00 43,728.38 3,455,846.77 0.00 0.00 2-A 24,345,000.00 24,345,000.00 32,566.71 536,066.90 0.00 0.00 2-AX 0.00 0.00 0.00 0.00 0.00 0.00 3-A1 40,000,000.00 40,000,000.00 15,430.84 736,647.88 0.00 0.00 3-A2 110,160,000.00 110,160,000.00 42,496.53 2,028,728.26 0.00 0.00 3-A3 50,000,000.00 50,000,000.00 19,288.55 920,809.85 0.00 0.00 3-AX 0.00 0.00 0.00 0.00 0.00 0.00 4-A1 100,000,000.00 100,000,000.00 20,740.98 1,360,933.50 0.00 0.00 4-A2 150,000,000.00 150,000,000.00 31,111.46 2,041,400.25 0.00 0.00 4-A3 100,000,000.00 100,000,000.00 20,740.98 1,360,933.50 0.00 0.00 4-A4 138,779,000.00 138,779,000.00 28,784.12 1,888,689.90 0.00 0.00 4-A5 2,500,000.00 2,500,000.00 518.52 34,023.34 0.00 0.00 4-AX 0.00 0.00 0.00 0.00 0.00 0.00 4-PAX 0.00 0.00 0.00 0.00 0.00 0.00 5-A 99,466,000.00 99,466,000.00 97,064.68 1,392,109.73 0.00 0.00 5-AX 0.00 0.00 0.00 0.00 0.00 0.00 6-A 71,083,000.00 71,083,000.00 40,447.00 11,038.51 0.00 0.00 6-AX 0.00 0.00 0.00 0.00 0.00 0.00 B1-I 7,858,000.00 7,858,000.00 2,494.00 0.00 0.00 0.00 B1X-I 0.00 0.00 0.00 0.00 0.00 0.00 B2-I 3,349,000.00 3,349,000.00 1,062.92 0.00 0.00 0.00 B2X-I 0.00 0.00 0.00 0.00 0.00 0.00 B1-II 34,109,000.00 34,109,000.00 12,528.98 0.00 0.00 0.00 B1X-II 0.00 0.00 0.00 0.00 0.00 0.00 B2-II 8,756,000.00 8,756,000.00 3,216.27 0.00 0.00 0.00 B-3 5,415,000.00 5,415,000.00 1,918.19 0.00 0.00 0.00 B-4 8,255,000.00 8,255,000.00 2,924.22 0.00 0.00 0.00 B-5 5,306,000.00 5,306,000.00 1,879.58 0.00 0.00 0.00 B-6 4,144,605.13 4,144,605.13 1,468.17 0.00 0.00 0.00 P-1 0.00 0.00 0.00 0.00 0.00 0.00 P-2 0.00 0.00 0.00 0.00 0.00 0.00 P-3 0.00 0.00 0.00 0.00 0.00 0.00 C-X 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,179,596,705.13 1,179,596,705.13 420,412.33 15,767,327.14 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 R 100.00 0.00 0.00000000 100.00 1-A 3,499,575.15 212,571,424.85 0.98380359 3,499,575.15 2-A 568,633.61 23,776,366.39 0.97664269 568,633.61 2-AX 0.00 0.00 0.00000000 0.00 3-A1 752,078.72 39,247,921.28 0.98119803 752,078.72 3-A2 2,071,224.79 108,088,775.21 0.98119803 2,071,224.79 3-A3 940,098.40 49,059,901.60 0.98119803 940,098.40 3-AX 0.00 0.00 0.00000000 0.00 4-A1 1,381,674.48 98,618,325.52 0.98618326 1,381,674.48 4-A2 2,072,511.72 147,927,488.28 0.98618326 2,072,511.72 4-A3 1,381,674.48 98,618,325.52 0.98618326 1,381,674.48 4-A4 1,917,474.02 136,861,525.98 0.98618326 1,917,474.02 4-A5 34,541.86 2,465,458.14 0.98618326 34,541.86 4-AX 0.00 0.00 0.00000000 0.00 4-PAX 0.00 0.00 0.00000000 0.00 5-A 1,489,174.41 97,976,825.59 0.98502831 1,489,174.41 5-AX 0.00 0.00 0.00000000 0.00 6-A 51,485.51 71,031,514.49 0.99927570 51,485.51 6-AX 0.00 0.00 0.00000000 0.00 B1-I 2,494.00 7,855,506.00 0.99968262 2,494.00 B1X-I 0.00 0.00 0.00000000 0.00 B2-I 1,062.92 3,347,937.08 0.99968262 1,062.92 B2X-I 0.00 0.00 0.00000000 0.00 B1-II 12,528.98 34,096,471.02 0.99963268 12,528.98 B1X-II 0.00 0.00 0.00000000 0.00 B2-II 3,216.27 8,752,783.73 0.99963268 3,216.27 B-3 1,918.19 5,413,081.81 0.99964576 1,918.19 B-4 2,924.22 8,252,075.78 0.99964576 2,924.22 B-5 1,879.58 5,304,120.42 0.99964576 1,879.58 B-6 1,468.17 4,143,136.96 0.99964576 1,468.17 P-1 0.00 0.00 0.00000000 0.00 P-2 0.00 0.00 0.00000000 0.00 P-3 0.00 0.00 0.00000000 0.00 C-X 0.00 0.00 0.00000000 0.00 Totals 16,187,739.48 1,163,408,965.65 0.98627689 16,187,739.48
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion R 100.00 1000.00000000 12.50000000 987.50000000 0.00000000 1-A 216,071,000.00 1000.00000000 0.20237968 15.99403330 0.00000000 2-A 24,345,000.00 1000.00000000 1.33771657 22.01958924 0.00000000 2-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 40,000,000.00 1000.00000000 0.38577100 18.41619700 0.00000000 3-A2 110,160,000.00 1000.00000000 0.38577097 18.41619699 0.00000000 3-A3 50,000,000.00 1000.00000000 0.38577100 18.41619700 0.00000000 3-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 100,000,000.00 1000.00000000 0.20740980 13.60933500 0.00000000 4-A2 150,000,000.00 1000.00000000 0.20740973 13.60933500 0.00000000 4-A3 100,000,000.00 1000.00000000 0.20740980 13.60933500 0.00000000 4-A4 138,779,000.00 1000.00000000 0.20740977 13.60933499 0.00000000 4-A5 2,500,000.00 1000.00000000 0.20740800 13.60933600 0.00000000 4-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-PAX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 5-A 99,466,000.00 1000.00000000 0.97585788 13.99583506 0.00000000 5-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 6-A 71,083,000.00 1000.00000000 0.56901087 0.15529044 0.00000000 6-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 7,858,000.00 1000.00000000 0.31738356 0.00000000 0.00000000 B1X-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2-I 3,349,000.00 1000.00000000 0.31738429 0.00000000 0.00000000 B2X-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-II 34,109,000.00 1000.00000000 0.36732182 0.00000000 0.00000000 B1X-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2-II 8,756,000.00 1000.00000000 0.36732184 0.00000000 0.00000000 B-3 5,415,000.00 1000.00000000 0.35423638 0.00000000 0.00000000 B-4 8,255,000.00 1000.00000000 0.35423622 0.00000000 0.00000000 B-5 5,306,000.00 1000.00000000 0.35423671 0.00000000 0.00000000 B-6 4,144,605.13 1000.00000000 0.35423640 0.00000000 0.00000000 P-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 C-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution R 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 1-A 0.00000000 16.19641298 983.80358702 0.98380359 16.19641298 2-A 0.00000000 23.35730581 976.64269419 0.97664269 23.35730581 2-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 0.00000000 18.80196800 981.19803200 0.98119803 18.80196800 3-A2 0.00000000 18.80196796 981.19803204 0.98119803 18.80196796 3-A3 0.00000000 18.80196800 981.19803200 0.98119803 18.80196800 3-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 0.00000000 13.81674480 986.18325520 0.98618326 13.81674480 4-A2 0.00000000 13.81674480 986.18325520 0.98618326 13.81674480 4-A3 0.00000000 13.81674480 986.18325520 0.98618326 13.81674480 4-A4 0.00000000 13.81674475 986.18325525 0.98618326 13.81674475 4-A5 0.00000000 13.81674400 986.18325600 0.98618326 13.81674400 4-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-PAX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 5-A 0.00000000 14.97169294 985.02830706 0.98502831 14.97169294 5-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 6-A 0.00000000 0.72430131 999.27569869 0.99927570 0.72430131 6-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 0.00000000 0.31738356 999.68261644 0.99968262 0.31738356 B1X-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2-I 0.00000000 0.31738429 999.68261571 0.99968262 0.31738429 B2X-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-II 0.00000000 0.36732182 999.63267818 0.99963268 0.36732182 B1X-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2-II 0.00000000 0.36732184 999.63267816 0.99963268 0.36732184 B-3 0.00000000 0.35423638 999.64576362 0.99964576 0.35423638 B-4 0.00000000 0.35423622 999.64576378 0.99964576 0.35423622 B-5 0.00000000 0.35423671 999.64576329 0.99964576 0.35423671 B-6 0.00000000 0.35423640 999.64576360 0.99964576 0.35423640 P-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 C-X 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 R 100.00 4.10003% 100.00 0.34 0.00 0.00 1-A 216,071,000.00 4.10003% 216,071,000.00 738,248.76 0.00 0.00 2-A 24,345,000.00 1.41000% 24,345,000.00 23,837.81 0.00 0.00 2-AX 0.00 2.44641% 24,345,000.00 49,631.50 0.00 0.00 3-A1 40,000,000.00 5.31890% 40,000,000.00 177,296.83 0.00 0.00 3-A2 110,160,000.00 4.13000% 110,160,000.00 379,134.00 0.00 0.00 3-A3 50,000,000.00 4.65500% 50,000,000.00 193,958.33 0.00 0.00 3-AX 0.00 4.29000% 38,266,906.60 136,804.19 0.00 0.00 4-A1 100,000,000.00 4.18000% 100,000,000.00 348,333.33 0.00 0.00 4-A2 150,000,000.00 4.58000% 150,000,000.00 572,500.00 0.00 0.00 4-A3 100,000,000.00 4.17000% 100,000,000.00 347,500.00 0.00 0.00 4-A4 138,779,000.00 4.13000% 138,779,000.00 477,631.06 0.00 0.00 4-A5 2,500,000.00 4.50000% 2,500,000.00 9,375.00 0.00 0.00 4-AX 0.00 4.29000% 98,398,276.28 351,773.84 0.00 0.00 4-PAX 0.00 4.29000% 51,340,350.04 183,541.75 0.00 0.00 5-A 99,466,000.00 3.88000% 99,466,000.00 321,606.73 0.00 0.00 5-AX 0.00 3.88000% 28,460,214.16 92,021.36 0.00 0.00 6-A 71,083,000.00 4.53000% 71,083,000.00 268,338.33 0.00 0.00 6-AX 0.00 4.53000% 10,857,226.65 40,986.03 0.00 0.00 B1-I 7,858,000.00 1.80000% 7,858,000.00 9,822.50 0.00 0.00 B1X-I 0.00 2.55155% 7,858,000.00 16,708.43 0.00 0.00 B2-I 3,349,000.00 2.50000% 3,349,000.00 5,814.24 0.00 0.00 B2X-I 0.00 1.96822% 3,349,000.00 5,492.98 0.00 0.00 B1-II 34,109,000.00 1.75000% 34,109,000.00 43,109.99 0.00 0.00 B1X-II 0.00 3.65601% 34,109,000.00 90,063.19 0.00 0.00 B2-II 8,756,000.00 4.68521% 8,756,000.00 34,186.41 0.00 0.00 B-3 5,415,000.00 4.51917% 5,415,000.00 20,392.74 0.00 0.00 B-4 8,255,000.00 4.51917% 8,255,000.00 31,088.09 0.00 0.00 B-5 5,306,000.00 4.51917% 5,306,000.00 19,982.24 0.00 0.00 B-6 4,144,605.13 4.51917% 4,144,605.13 15,608.46 0.00 0.00 P-1 0.00 0.00000% 0.00 0.00 0.00 0.00 P-2 0.00 0.00000% 0.00 0.00 0.00 0.00 P-3 0.00 0.00000% 0.00 0.00 0.00 0.00 C-X 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,179,596,705.13 5,004,788.46 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 R 0.00 0.00 0.34 0.00 0.00 1-A 0.00 0.00 738,248.78 0.00 212,571,424.85 2-A 0.00 0.00 23,837.81 0.00 23,776,366.39 2-AX 0.00 0.00 49,631.50 0.00 23,776,366.39 3-A1 0.00 0.00 177,296.84 0.00 39,247,921.28 3-A2 0.00 0.00 379,134.01 0.00 108,088,775.21 3-A3 0.00 0.00 193,958.34 0.00 49,059,901.60 3-AX 0.00 0.00 136,804.19 0.00 37,353,686.72 4-A1 0.00 0.00 348,333.34 0.00 98,618,325.52 4-A2 0.00 0.00 572,500.01 0.00 147,927,488.28 4-A3 0.00 0.00 347,500.01 0.00 98,618,325.52 4-A4 0.00 0.00 477,631.07 0.00 136,861,525.98 4-A5 0.00 0.00 9,375.00 0.00 2,465,458.14 4-AX 0.00 0.00 351,773.84 0.00 95,944,298.53 4-PAX 0.00 0.00 183,541.75 0.00 51,198,301.99 5-A 0.00 0.00 321,606.74 0.00 97,976,825.59 5-AX 0.00 0.00 92,021.36 0.00 27,896,745.39 6-A 0.00 0.00 268,338.33 0.00 71,031,514.49 6-AX 0.00 0.00 40,986.03 0.00 10,852,700.29 B1-I 0.00 0.00 9,822.50 0.00 7,855,506.00 B1X-I 0.00 0.00 16,708.43 0.00 7,855,506.00 B2-I 0.00 0.00 5,814.24 0.00 3,347,937.08 B2X-I 0.00 0.00 5,492.98 0.00 3,347,937.08 B1-II 0.00 0.00 43,109.99 0.00 34,096,471.02 B1X-II 0.00 0.00 90,063.19 0.00 34,096,471.02 B2-II 0.00 0.00 34,186.41 0.00 8,752,783.73 B-3 0.00 0.00 20,392.74 0.00 5,413,081.81 B-4 0.00 0.00 31,088.09 0.00 8,252,075.78 B-5 0.00 0.00 19,982.24 0.00 5,304,120.42 B-6 0.00 0.00 15,608.46 0.00 4,143,136.96 P-1 0.00 0.00 7,559.92 0.00 0.00 P-2 0.00 0.00 0.00 0.00 0.00 P-3 0.00 0.00 7,917.45 0.00 0.00 C-X 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 5,020,265.93 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 R 100.00 4.10003% 1000.00000000 3.40000000 0.00000000 0.00000000 1-A 216,071,000.00 4.10003% 1000.00000000 3.41669525 0.00000000 0.00000000 2-A 24,345,000.00 1.41000% 1000.00000000 0.97916656 0.00000000 0.00000000 2-AX 0.00 2.44641% 1000.00000000 2.03867324 0.00000000 0.00000000 3-A1 40,000,000.00 5.31890% 1000.00000000 4.43242075 0.00000000 0.00000000 3-A2 110,160,000.00 4.13000% 1000.00000000 3.44166667 0.00000000 0.00000000 3-A3 50,000,000.00 4.65500% 1000.00000000 3.87916660 0.00000000 0.00000000 3-AX 0.00 4.29000% 1000.00083858 3.57500297 0.00000000 0.00000000 4-A1 100,000,000.00 4.18000% 1000.00000000 3.48333330 0.00000000 0.00000000 4-A2 150,000,000.00 4.58000% 1000.00000000 3.81666667 0.00000000 0.00000000 4-A3 100,000,000.00 4.17000% 1000.00000000 3.47500000 0.00000000 0.00000000 4-A4 138,779,000.00 4.13000% 1000.00000000 3.44166668 0.00000000 0.00000000 4-A5 2,500,000.00 4.50000% 1000.00000000 3.75000000 0.00000000 0.00000000 4-AX 0.00 4.29000% 1000.00080713 3.57500291 0.00000000 0.00000000 4-PAX 0.00 4.29000% 1000.00066751 3.57500236 0.00000000 0.00000000 5-A 99,466,000.00 3.88000% 1000.00000000 3.23333330 0.00000000 0.00000000 5-AX 0.00 3.88000% 1000.00054884 3.23333514 0.00000000 0.00000000 6-A 71,083,000.00 4.53000% 1000.00000000 3.77500007 0.00000000 0.00000000 6-AX 0.00 4.53000% 1000.00272630 3.77501024 0.00000000 0.00000000 B1-I 7,858,000.00 1.80000% 1000.00000000 1.25000000 0.00000000 0.00000000 B1X-I 0.00 2.55155% 1000.00000000 2.12629550 0.00000000 0.00000000 B2-I 3,349,000.00 2.50000% 1000.00000000 1.73611227 0.00000000 0.00000000 B2X-I 0.00 1.96822% 1000.00000000 1.64018513 0.00000000 0.00000000 B1-II 34,109,000.00 1.75000% 1000.00000000 1.26388900 0.00000000 0.00000000 B1X-II 0.00 3.65601% 1000.00000000 2.64045237 0.00000000 0.00000000 B2-II 8,756,000.00 4.68521% 1000.00000000 3.90434102 0.00000000 0.00000000 B-3 5,415,000.00 4.51917% 1000.00000000 3.76597230 0.00000000 0.00000000 B-4 8,255,000.00 4.51917% 1000.00000000 3.76597093 0.00000000 0.00000000 B-5 5,306,000.00 4.51917% 1000.00000000 3.76597060 0.00000000 0.00000000 B-6 4,144,605.13 4.51917% 1000.00000000 3.76597034 0.00000000 0.00000000 P-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P-2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P-3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 C-X 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 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 R 0.00000000 0.00000000 3.40000000 0.00000000 0.00000000 1-A 0.00000000 0.00000000 3.41669535 0.00000000 983.80358702 2-A 0.00000000 0.00000000 0.97916656 0.00000000 976.64269419 2-AX 0.00000000 0.00000000 2.03867324 0.00000000 976.64269419 3-A1 0.00000000 0.00000000 4.43242100 0.00000000 981.19803200 3-A2 0.00000000 0.00000000 3.44166676 0.00000000 981.19803204 3-A3 0.00000000 0.00000000 3.87916680 0.00000000 981.19803200 3-AX 0.00000000 0.00000000 3.57500297 0.00000000 976.13633719 4-A1 0.00000000 0.00000000 3.48333340 0.00000000 986.18325520 4-A2 0.00000000 0.00000000 3.81666673 0.00000000 986.18325520 4-A3 0.00000000 0.00000000 3.47500010 0.00000000 986.18325520 4-A4 0.00000000 0.00000000 3.44166675 0.00000000 986.18325525 4-A5 0.00000000 0.00000000 3.75000000 0.00000000 986.18325600 4-AX 0.00000000 0.00000000 3.57500291 0.00000000 975.06155185 4-PAX 0.00000000 0.00000000 3.57500236 0.00000000 997.23387404 5-A 0.00000000 0.00000000 3.23333340 0.00000000 985.02830706 5-AX 0.00000000 0.00000000 3.23333514 0.00000000 980.20206538 6-A 0.00000000 0.00000000 3.77500007 0.00000000 999.27569869 6-AX 0.00000000 0.00000000 3.77501024 0.00000000 999.58582680 B1-I 0.00000000 0.00000000 1.25000000 0.00000000 999.68261644 B1X-I 0.00000000 0.00000000 2.12629550 0.00000000 999.68261644 B2-I 0.00000000 0.00000000 1.73611227 0.00000000 999.68261571 B2X-I 0.00000000 0.00000000 1.64018513 0.00000000 999.68261571 B1-II 0.00000000 0.00000000 1.26388900 0.00000000 999.63267818 B1X-II 0.00000000 0.00000000 2.64045237 0.00000000 999.63267818 B2-II 0.00000000 0.00000000 3.90434102 0.00000000 999.63267816 B-3 0.00000000 0.00000000 3.76597230 0.00000000 999.64576362 B-4 0.00000000 0.00000000 3.76597093 0.00000000 999.64576378 B-5 0.00000000 0.00000000 3.76597060 0.00000000 999.64576329 B-6 0.00000000 0.00000000 3.76597034 0.00000000 999.64576360 P-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 C-X 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 21,467,443.53 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 21,467,443.53 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 259,438.12 Payment of Interest and Principal 21,208,005.41 Total Withdrawals (Pool Distribution Amount) 21,467,443.53 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 254,031.18 Wells Fargo Bank, N.A. 5,406.94 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 259,438.12
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 0.00 0.00 0.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 23 0 0 0 23 7,546,090.93 0.00 0.00 0.00 7,546,090.93 60 Days 1 0 0 0 1 278,000.00 0.00 0.00 0.00 278,000.00 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 24 0 0 0 24 7,824,090.93 0.00 0.00 0.00 7,824,090.93 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 0.724181% 0.000000% 0.000000% 0.000000% 0.724181% 0.648461% 0.000000% 0.000000% 0.000000% 0.648461% 60 Days 0.031486% 0.000000% 0.000000% 0.000000% 0.031486% 0.023889% 0.000000% 0.000000% 0.000000% 0.023889% 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 0.755668% 0.000000% 0.000000% 0.000000% 0.755668% 0.672351% 0.000000% 0.000000% 0.000000% 0.672351%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 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 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 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 8 0 0 0 8 1,871,546.74 0.00 0.00 0.00 1,871,546.74 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 8 0 0 0 8 1,871,546.74 0.00 0.00 0.00 1,871,546.74 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.331115% 0.000000% 0.000000% 0.000000% 1.331115% 0.889643% 0.000000% 0.000000% 0.000000% 0.889643% 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 1.331115% 0.000000% 0.000000% 0.000000% 1.331115% 0.889643% 0.000000% 0.000000% 0.000000% 0.889643% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 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 2 846,452.34 0.00 0.00 0.00 846,452.34 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 2 846,452.34 0.00 0.00 0.00 846,452.34 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.434783% 0.000000% 0.000000% 0.000000% 0.434783% 0.475158% 0.000000% 0.000000% 0.000000% 0.475158% 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 0.434783% 0.000000% 0.000000% 0.000000% 0.434783% 0.475158% 0.000000% 0.000000% 0.000000% 0.475158% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 5 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 5 0 0 0 5 937,487.20 0.00 0.00 0.00 937,487.20 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 5 0 0 0 5 937,487.20 0.00 0.00 0.00 937,487.20 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.527426% 0.000000% 0.000000% 0.000000% 0.527426% 0.275272% 0.000000% 0.000000% 0.000000% 0.275272% 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 0.527426% 0.000000% 0.000000% 0.000000% 0.527426% 0.275272% 0.000000% 0.000000% 0.000000% 0.275272% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 6 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 7 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 8 0 0 0 8 3,890,604.65 0.00 0.00 0.00 3,890,604.65 60 Days 1 0 0 0 1 278,000.00 0.00 0.00 0.00 278,000.00 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 9 0 0 0 9 4,168,604.65 0.00 0.00 0.00 4,168,604.65 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 4.000000% 0.000000% 0.000000% 0.000000% 4.000000% 5.119362% 0.000000% 0.000000% 0.000000% 5.119362% 60 Days 0.500000% 0.000000% 0.000000% 0.000000% 0.500000% 0.365800% 0.000000% 0.000000% 0.000000% 0.365800% 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 4.500000% 0.000000% 0.000000% 0.000000% 4.500000% 5.485161% 0.000000% 0.000000% 0.000000% 5.485161%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00 Class B1-I 69,334,605.13 5.87782289% 69,309,606.80 5.95745854% 0.675214% 0.000000% Class B1-II 35,225,605.13 2.98624140% 35,213,135.78 3.02672034% 2.930738% 0.000000% Class B2-I 31,876,605.13 2.70233080% 31,865,198.70 2.73895076% 0.287770% 0.000000% Class B2-II 23,120,605.13 1.96004321% 23,112,414.97 1.98661139% 0.752339% 0.000000% Class B-3 17,705,605.13 1.50098801% 17,699,333.16 1.52133374% 0.465278% 0.000000% Class B-4 9,450,605.13 0.80117256% 9,447,257.38 0.81203237% 0.709301% 0.000000% Class B-5 4,144,605.13 0.35135781% 4,143,136.96 0.35612043% 0.455912% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.356120% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 328,119.00 0.02781620% 328,119.00 0.02820324% Fraud 23,591,934.00 1.99999999% 23,591,934.00 2.02782811% Special Hazard 11,795,968.00 1.00000008% 11,634,089.66 1.00000000% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.355280% Weighted Average Net Coupon 5.096856% Weighted Average Pass-Through Rate 5.091356% Weighted Average Maturity(Stepdown Calculation ) 358 Beginning Scheduled Collateral Loan Count 3,216 Number Of Loans Paid In Full 40 Ending Scheduled Collateral Loan Count 3,176 Beginning Scheduled Collateral Balance 1,179,596,705.13 Ending Scheduled Collateral Balance 1,163,408,965.69 Ending Actual Collateral Balance at 31-Jan-2004 1,163,691,551.58 Monthly P &I Constant 5,684,637.59 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 1,163,408,965.69 Scheduled Principal 420,412.30 Unscheduled Principal 15,767,327.15
Miscellaneous Reporting CAP payment 0
Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.356009 3.924488 5.574405 Weighted Average Net Rate 4.105534 3.626908 5.324405 Weighted Average Maturity 358 353 358 Beginning Loan Count 597 74 611 Loans Paid In Full 8 2 10 Ending Loan Count 589 72 601 Beginning Scheduled Balance 231,587,818.00 26,093,832.66 214,075,785.63 Ending scheduled Balance 228,085,002.49 25,522,859.61 210,307,015.42 Record Date 01/31/2004 01/31/2004 01/31/2004 Principal And Interest Constant 887,535.57 120,243.60 1,077,038.51 Scheduled Principal 46,869.99 34,906.15 82,584.23 Unscheduled Principal 3,455,945.52 536,066.90 3,686,185.99 Scheduled Interest 840,665.58 85,337.45 994,454.28 Servicing Fees 48,339.12 6,470.84 44,599.09 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 1,061.47 119.60 981.21 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 791,264.99 78,747.01 948,873.98 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 4.100034 3.621408 5.318905
Group Level Collateral Statement Group 4 5 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.777057 5.762272 5.249027 Weighted Average Net Rate 5.527057 5.509811 4.995685 Weighted Average Maturity 358 358 358 Beginning Loan Count 461 964 309 Loans Paid In Full 1 16 3 Ending Loan Count 460 948 306 Beginning Scheduled Balance 178,490,706.68 346,942,096.82 106,380,986.08 Ending scheduled Balance 178,123,547.78 340,514,295.33 104,885,063.63 Record Date 01/31/2004 01/31/2004 01/31/2004 Principal And Interest Constant 887,600.35 1,746,651.01 569,143.25 Scheduled Principal 28,307.83 80,672.06 103,812.72 Unscheduled Principal 338,851.07 6,347,129.43 1,392,109.73 Scheduled Interest 859,292.52 1,665,978.95 465,330.53 Servicing Fees 37,185.60 72,991.19 22,458.96 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 818.07 1,590.11 487.54 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 821,288.85 1,591,397.65 442,384.03 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 5.521557 5.504311 4.990185
Group Level Collateral Statement Group 7 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 5.574436 5.355280 Weighted Average Net Rate 5.227413 5.096856 Weighted Average Maturity 357.00 358.00 Record Date 01/31/2004 01/31/2004 Principal And Interest Constant 396,425.30 5,684,637.59 Beginning Loan Count 200 3,216 Loans Paid In Full 0 40 Ending Loan Count 200 3,176 Beginning Scheduled Balance 76,025,479.26 1,179,596,705.13 Ending Scheduled Balance 75,971,181.43 1,163,408,965.69 Scheduled Principal 43,259.32 420,412.30 Unscheduled Principal 11,038.51 15,767,327.15 Scheduled Interest 353,165.98 5,264,225.29 Servicing Fee 21,985.49 254,030.29 Master Servicing Fee 0.00 0.00 Trustee Fee 0.00 0.00 Fry Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 348.38 5,406.38 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 330,832.11 5,004,788.62 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.221913 5.091356
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