-----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, Ad/TtRwDpk7NC//OI4T5QnIn70FMEq7FIgs74zt1Yy29KTxjGJInBcC2LCNsbzzv c1lcVMfYu07JW13dtoj/6w== 0001056404-05-001043.txt : 20050207 0001056404-05-001043.hdr.sgml : 20050207 20050207094859 ACCESSION NUMBER: 0001056404-05-001043 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040426 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: 05579123 BUSINESS ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 8-K/A 1 srm04001_10404.txt APRIL 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): April 26, 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 April 26, 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 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 holders of Mortgage Pass-Through Certificates, Series 2004-1 Trust, relating to the April 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. 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: 1/26/2005 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 April 26, 2004 distribution. EX-99.1
Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Record Date: 3/31/2004 Distribution Date: 4/26/2004 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) 815-6600 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution R 86359BHB0 RES 4.09382% 0.00 0.00 0.00 1-A 86359BFY2 SEN 4.08714% 208,809,494.79 711,194.24 3,331,447.39 2-A 86359BFZ9 SEN 1.40000% 20,903,455.26 24,387.36 673,832.24 2-AX 86359BGA3 IO 2.16018% 0.00 37,629.33 0.00 3-A1 86359BGB1 SEN 5.30261% 38,578,002.19 170,470.10 1,362,413.69 3-A2 86359BGC9 SEN 4.13000% 106,243,818.03 365,655.80 3,752,087.29 3-A3 86359BGD7 SEN 4.65500% 48,222,502.74 187,063.12 1,703,017.11 3-AX 86359BGE5 IO 4.29000% 0.00 129,843.34 0.00 4-A1 86359BGF2 SEN 4.18000% 97,098,834.07 338,227.60 2,275,723.98 4-A2 86359BGG0 SEN 4.58000% 145,648,251.10 555,890.82 3,413,585.97 4-A3 86359BGH8 SEN 4.17000% 97,098,834.07 337,418.45 2,275,723.98 4-A4 86359BGJ4 SEN 4.13000% 134,752,790.93 463,774.19 3,158,226.98 4-A5 86359BGK1 SEN 4.50000% 2,427,470.85 9,103.02 56,893.10 4-AX 86359BGL9 IO 4.29000% 0.00 334,735.44 0.00 4-PAX 86359BGM7 IO 4.29000% 0.00 182,200.83 0.00 5-A 86359BGN5 SEN 3.88000% 96,567,261.33 312,234.14 1,321,527.16 5-AX 86359BGP0 IO 3.88000% 0.00 89,047.26 0.00 6-A 86359BGQ8 SEN 4.53000% 68,881,888.74 260,029.13 2,323,435.28 6-AX 86359BGR6 IO 4.53000% 0.00 39,528.44 0.00 B1-I 86359BGS4 SUB 1.79000% 7,853,145.47 11,714.28 2,408.66 B1X-I 86359BGT2 IO 2.24387% 0.00 14,684.50 0.00 B2-I 86359BGU9 SUB 2.49000% 3,346,931.05 6,944.88 1,026.55 B2X-I 86359BGV7 IO 1.54387% 0.00 4,306.01 0.00 B1-II 86359BGW5 SUB 1.74000% 34,084,059.93 52,716.68 12,452.46 B1X-II 86359BGX3 IO 2.64806% 0.00 80,228.07 0.00 B2-II 86359BGY1 SUB 4.68060% 8,749,597.72 34,127.77 3,196.63 B-3 86359BHA2 SUB 4.51111% 5,411,201.54 20,342.11 1,893.81 B-4 86359BHC8 SUB 4.51111% 8,249,209.36 31,010.92 2,887.06 B-5 86359BHD6 SUB 4.51111% 5,302,278.00 19,932.64 1,855.69 B-6 86359BHE4 SUB 4.51111% 4,141,697.81 15,569.72 1,449.51 P-1 SRM0401P1 SEN 0.00000% 0.00 2,774.95 0.00 P-2 SRM0401P2 SEN 0.00000% 0.00 17,154.88 0.00 P-3 SRM0401P3 SEN 0.00000% 0.00 31,557.21 0.00 C-X SRM0401CX SEN 0.00000% 0.00 0.00 0.00 Totals 1,142,370,724.98 4,891,497.23 25,675,084.54
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses R 0.00 0.00 0.00 0.00 1-A 0.00 205,478,047.39 4,042,641.63 0.00 2-A 0.00 20,229,623.03 698,219.60 0.00 2-AX 0.00 0.00 37,629.33 0.00 3-A1 0.00 37,215,588.50 1,532,883.79 0.00 3-A2 0.00 102,491,730.73 4,117,743.09 0.00 3-A3 0.00 46,519,485.63 1,890,080.23 0.00 3-AX 0.00 0.00 129,843.34 0.00 4-A1 0.00 94,823,110.09 2,613,951.58 0.00 4-A2 0.00 142,234,665.13 3,969,476.79 0.00 4-A3 0.00 94,823,110.09 2,613,142.43 0.00 4-A4 0.00 131,594,563.95 3,622,001.17 0.00 4-A5 0.00 2,370,577.75 65,996.12 0.00 4-AX 0.00 0.00 334,735.44 0.00 4-PAX 0.00 0.00 182,200.83 0.00 5-A 0.00 95,245,734.17 1,633,761.30 0.00 5-AX 0.00 0.00 89,047.26 0.00 6-A 0.00 66,558,453.46 2,583,464.41 0.00 6-AX 0.00 0.00 39,528.44 0.00 B1-I 0.00 7,850,736.81 14,122.94 0.00 B1X-I 0.00 0.00 14,684.50 0.00 B2-I 0.00 3,345,904.50 7,971.43 0.00 B2X-I 0.00 0.00 4,306.01 0.00 B1-II 0.00 34,071,607.47 65,169.14 0.00 B1X-II 0.00 0.00 80,228.07 0.00 B2-II 0.00 8,746,401.10 37,324.40 0.00 B-3 0.00 5,409,307.72 22,235.92 0.00 B-4 0.00 8,246,322.30 33,897.98 0.00 B-5 0.00 5,300,422.31 21,788.33 0.00 B-6 0.00 4,140,248.30 17,019.23 0.00 P-1 0.00 0.00 2,774.95 0.00 P-2 0.00 0.00 17,154.88 0.00 P-3 0.00 0.00 31,557.21 0.00 C-X 0.00 0.00 0.00 0.00 Totals 0.00 1,116,695,640.43 30,566,581.77 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 0.00 0.00 0.00 0.00 0.00 1-A 216,071,000.00 208,809,494.79 42,157.53 3,289,289.86 0.00 0.00 2-A 24,345,000.00 20,903,455.26 25,894.05 647,938.19 0.00 0.00 2-AX 0.00 0.00 0.00 0.00 0.00 0.00 3-A1 40,000,000.00 38,578,002.19 15,233.90 1,347,179.78 0.00 0.00 3-A2 110,160,000.00 106,243,818.03 41,954.17 3,710,133.13 0.00 0.00 3-A3 50,000,000.00 48,222,502.74 19,042.38 1,683,974.73 0.00 0.00 3-AX 0.00 0.00 0.00 0.00 0.00 0.00 4-A1 100,000,000.00 97,098,834.07 19,298.50 2,256,425.48 0.00 0.00 4-A2 150,000,000.00 145,648,251.10 28,947.75 3,384,638.22 0.00 0.00 4-A3 100,000,000.00 97,098,834.07 19,298.50 2,256,425.48 0.00 0.00 4-A4 138,779,000.00 134,752,790.93 26,782.26 3,131,444.72 0.00 0.00 4-A5 2,500,000.00 2,427,470.85 482.46 56,410.64 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 96,567,261.33 94,595.94 1,226,931.22 0.00 0.00 5-AX 0.00 0.00 0.00 0.00 0.00 0.00 6-A 71,083,000.00 68,881,888.74 39,642.84 2,283,792.44 0.00 0.00 6-AX 0.00 0.00 0.00 0.00 0.00 0.00 B1-I 7,858,000.00 7,853,145.47 2,408.66 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 3,346,931.05 1,026.55 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 34,084,059.93 12,452.46 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 8,749,597.72 3,196.63 0.00 0.00 0.00 B-3 5,415,000.00 5,411,201.54 1,893.81 0.00 0.00 0.00 B-4 8,255,000.00 8,249,209.36 2,887.06 0.00 0.00 0.00 B-5 5,306,000.00 5,302,278.00 1,855.69 0.00 0.00 0.00 B-6 4,144,605.13 4,141,697.81 1,449.51 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 1,142,370,724.98 400,500.65 25,274,583.89 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 0.00 0.00 0.00000000 0.00 1-A 3,331,447.39 205,478,047.39 0.95097467 3,331,447.39 2-A 673,832.24 20,229,623.03 0.83095597 673,832.24 2-AX 0.00 0.00 0.00000000 0.00 3-A1 1,362,413.69 37,215,588.50 0.93038971 1,362,413.69 3-A2 3,752,087.29 102,491,730.73 0.93038971 3,752,087.29 3-A3 1,703,017.11 46,519,485.63 0.93038971 1,703,017.11 3-AX 0.00 0.00 0.00000000 0.00 4-A1 2,275,723.98 94,823,110.09 0.94823110 2,275,723.98 4-A2 3,413,585.97 142,234,665.13 0.94823110 3,413,585.97 4-A3 2,275,723.98 94,823,110.09 0.94823110 2,275,723.98 4-A4 3,158,226.98 131,594,563.95 0.94823110 3,158,226.98 4-A5 56,893.10 2,370,577.75 0.94823110 56,893.10 4-AX 0.00 0.00 0.00000000 0.00 4-PAX 0.00 0.00 0.00000000 0.00 5-A 1,321,527.16 95,245,734.17 0.95757077 1,321,527.16 5-AX 0.00 0.00 0.00000000 0.00 6-A 2,323,435.28 66,558,453.46 0.93634840 2,323,435.28 6-AX 0.00 0.00 0.00000000 0.00 B1-I 2,408.66 7,850,736.81 0.99907569 2,408.66 B1X-I 0.00 0.00 0.00000000 0.00 B2-I 1,026.55 3,345,904.50 0.99907569 1,026.55 B2X-I 0.00 0.00 0.00000000 0.00 B1-II 12,452.46 34,071,607.47 0.99890373 12,452.46 B1X-II 0.00 0.00 0.00000000 0.00 B2-II 3,196.63 8,746,401.10 0.99890373 3,196.63 B-3 1,893.81 5,409,307.72 0.99894879 1,893.81 B-4 2,887.06 8,246,322.30 0.99894879 2,887.06 B-5 1,855.69 5,300,422.31 0.99894880 1,855.69 B-6 1,449.51 4,140,248.30 0.99894879 1,449.51 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 25,675,084.54 1,116,695,640.43 0.94667579 25,675,084.54
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A 216,071,000.00 966.39296708 0.19510962 15.22318988 0.00000000 2-A 24,345,000.00 858.63443253 1.06362908 26.61483631 0.00000000 2-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 40,000,000.00 964.45005475 0.38084750 33.67949450 0.00000000 3-A2 110,160,000.00 964.45005474 0.38084759 33.67949464 0.00000000 3-A3 50,000,000.00 964.45005480 0.38084760 33.67949460 0.00000000 3-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 100,000,000.00 970.98834070 0.19298500 22.56425480 0.00000000 4-A2 150,000,000.00 970.98834067 0.19298500 22.56425480 0.00000000 4-A3 100,000,000.00 970.98834070 0.19298500 22.56425480 0.00000000 4-A4 138,779,000.00 970.98834067 0.19298496 22.56425482 0.00000000 4-A5 2,500,000.00 970.98834000 0.19298400 22.56425600 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 99,466,000.00 970.85698962 0.95103794 12.33518207 0.00000000 5-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 6-A 71,083,000.00 969.03463191 0.55769790 32.12853200 0.00000000 6-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 7,858,000.00 999.38221812 0.30652329 0.00000000 0.00000000 B1X-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2-I 3,349,000.00 999.38221857 0.30652434 0.00000000 0.00000000 B2X-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-II 34,109,000.00 999.26881263 0.36507843 0.00000000 0.00000000 B1X-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2-II 8,756,000.00 999.26881224 0.36507880 0.00000000 0.00000000 B-3 5,415,000.00 999.29853001 0.34973407 0.00000000 0.00000000 B-4 8,255,000.00 999.29852938 0.34973471 0.00000000 0.00000000 B-5 5,306,000.00 999.29852997 0.34973426 0.00000000 0.00000000 B-6 4,144,605.13 999.29852907 0.34973416 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 0.00000000 0.00000000 0.00000000 0.00000000 1-A 0.00000000 15.41829949 950.97466754 0.95097467 15.41829949 2-A 0.00000000 27.67846539 830.95596755 0.83095597 27.67846539 2-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 0.00000000 34.06034225 930.38971250 0.93038971 34.06034225 3-A2 0.00000000 34.06034214 930.38971251 0.93038971 34.06034214 3-A3 0.00000000 34.06034220 930.38971260 0.93038971 34.06034220 3-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 0.00000000 22.75723980 948.23110090 0.94823110 22.75723980 4-A2 0.00000000 22.75723980 948.23110087 0.94823110 22.75723980 4-A3 0.00000000 22.75723980 948.23110090 0.94823110 22.75723980 4-A4 0.00000000 22.75723978 948.23110089 0.94823110 22.75723978 4-A5 0.00000000 22.75724000 948.23110000 0.94823110 22.75724000 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 13.28622001 957.57076961 0.95757077 13.28622001 5-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 6-A 0.00000000 32.68622990 936.34840201 0.93634840 32.68622990 6-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 0.00000000 0.30652329 999.07569483 0.99907569 0.30652329 B1X-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2-I 0.00000000 0.30652434 999.07569424 0.99907569 0.30652434 B2X-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-II 0.00000000 0.36507843 998.90373421 0.99890373 0.36507843 B1X-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2-II 0.00000000 0.36507880 998.90373458 0.99890373 0.36507880 B-3 0.00000000 0.34973407 998.94879409 0.99894879 0.34973407 B-4 0.00000000 0.34973471 998.94879467 0.99894879 0.34973471 B-5 0.00000000 0.34973426 998.94879570 0.99894880 0.34973426 B-6 0.00000000 0.34973416 998.94879491 0.99894879 0.34973416 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 4.09382% 0.00 0.00 0.00 0.00 1-A 216,071,000.00 4.08714% 208,809,494.79 711,194.25 0.00 0.00 2-A 24,345,000.00 1.40000% 20,903,455.26 24,387.36 0.00 0.00 2-AX 0.00 2.16018% 20,903,455.26 37,629.33 0.00 0.00 3-A1 40,000,000.00 5.30261% 38,578,002.19 170,470.10 0.00 0.00 3-A2 110,160,000.00 4.13000% 106,243,818.03 365,655.81 0.00 0.00 3-A3 50,000,000.00 4.65500% 48,222,502.74 187,063.13 0.00 0.00 3-AX 0.00 4.29000% 36,319,816.31 129,843.34 0.00 0.00 4-A1 100,000,000.00 4.18000% 97,098,834.07 338,227.61 0.00 0.00 4-A2 150,000,000.00 4.58000% 145,648,251.10 555,890.83 0.00 0.00 4-A3 100,000,000.00 4.17000% 97,098,834.07 337,418.45 0.00 0.00 4-A4 138,779,000.00 4.13000% 134,752,790.93 463,774.19 0.00 0.00 4-A5 2,500,000.00 4.50000% 2,427,470.85 9,103.02 0.00 0.00 4-AX 0.00 4.29000% 93,632,291.59 334,735.44 0.00 0.00 4-PAX 0.00 4.29000% 50,965,267.17 182,200.83 0.00 0.00 5-A 99,466,000.00 3.88000% 96,567,261.33 312,234.14 0.00 0.00 5-AX 0.00 3.88000% 27,540,390.28 89,047.26 0.00 0.00 6-A 71,083,000.00 4.53000% 68,881,888.74 260,029.13 0.00 0.00 6-AX 0.00 4.53000% 10,471,109.27 39,528.44 0.00 0.00 B1-I 7,858,000.00 1.79000% 7,853,145.47 11,714.28 0.00 0.00 B1X-I 0.00 2.24387% 7,853,145.47 14,684.50 0.00 0.00 B2-I 3,349,000.00 2.49000% 3,346,931.05 6,944.88 0.00 0.00 B2X-I 0.00 1.54387% 3,346,931.05 4,306.01 0.00 0.00 B1-II 34,109,000.00 1.74000% 34,084,059.93 52,716.68 0.00 0.00 B1X-II 0.00 2.64806% 34,084,059.93 80,228.07 0.00 0.00 B2-II 8,756,000.00 4.68060% 8,749,597.72 34,127.77 0.00 0.00 B-3 5,415,000.00 4.51111% 5,411,201.54 20,342.11 0.00 0.00 B-4 8,255,000.00 4.51111% 8,249,209.36 31,010.92 0.00 0.00 B-5 5,306,000.00 4.51111% 5,302,278.00 19,932.64 0.00 0.00 B-6 4,144,605.13 4.51111% 4,141,697.81 15,569.72 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 4,840,010.24 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 0.00 0.00 0.00 1-A 0.01 0.00 711,194.24 0.00 205,478,047.39 2-A 0.00 0.00 24,387.36 0.00 20,229,623.03 2-AX 0.00 0.00 37,629.33 0.00 20,229,623.03 3-A1 0.00 0.00 170,470.10 0.00 37,215,588.50 3-A2 0.00 0.00 365,655.80 0.00 102,491,730.73 3-A3 0.00 0.00 187,063.12 0.00 46,519,485.63 3-AX 0.00 0.00 129,843.34 0.00 35,119,698.02 4-A1 0.00 0.00 338,227.60 0.00 94,823,110.09 4-A2 0.00 0.00 555,890.82 0.00 142,234,665.13 4-A3 0.00 0.00 337,418.45 0.00 94,823,110.09 4-A4 0.00 0.00 463,774.19 0.00 131,594,563.95 4-A5 0.00 0.00 9,103.02 0.00 2,370,577.75 4-AX 0.00 0.00 334,735.44 0.00 90,430,668.61 4-PAX 0.00 0.00 182,200.83 0.00 50,326,309.94 5-A 0.00 0.00 312,234.14 0.00 95,245,734.17 5-AX 0.00 0.00 89,047.26 0.00 27,123,235.19 6-A 0.00 0.00 260,029.13 0.00 66,558,453.46 6-AX 0.00 0.00 39,528.44 0.00 10,010,901.54 B1-I 0.00 0.00 11,714.28 0.00 7,850,736.81 B1X-I 0.00 0.00 14,684.50 0.00 7,850,736.81 B2-I 0.00 0.00 6,944.88 0.00 3,345,904.50 B2X-I 0.00 0.00 4,306.01 0.00 3,345,904.50 B1-II 0.00 0.00 52,716.68 0.00 34,071,607.47 B1X-II 0.00 0.00 80,228.07 0.00 34,071,607.47 B2-II 0.00 0.00 34,127.77 0.00 8,746,401.10 B-3 0.00 0.00 20,342.11 0.00 5,409,307.72 B-4 0.00 0.00 31,010.92 0.00 8,246,322.30 B-5 0.00 0.00 19,932.64 0.00 5,300,422.31 B-6 0.00 0.00 15,569.72 0.00 4,140,248.30 P-1 0.00 0.00 2,774.95 0.00 0.00 P-2 0.00 0.00 17,154.88 0.00 0.00 P-3 0.00 0.00 31,557.21 0.00 0.00 C-X 0.00 0.00 0.00 0.00 0.00 Totals 0.01 0.00 4,891,497.23 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 4.09382% 0.00000000 0.00000000 0.00000000 0.00000000 1-A 216,071,000.00 4.08714% 966.39296708 3.29148405 0.00000000 0.00000000 2-A 24,345,000.00 1.40000% 858.63443253 1.00173999 0.00000000 0.00000000 2-AX 0.00 2.16018% 858.63443253 1.54566975 0.00000000 0.00000000 3-A1 40,000,000.00 5.30261% 964.45005475 4.26175250 0.00000000 0.00000000 3-A2 110,160,000.00 4.13000% 964.45005474 3.31931563 0.00000000 0.00000000 3-A3 50,000,000.00 4.65500% 964.45005480 3.74126260 0.00000000 0.00000000 3-AX 0.00 4.29000% 949.11896451 3.39310021 0.00000000 0.00000000 4-A1 100,000,000.00 4.18000% 970.98834070 3.38227610 0.00000000 0.00000000 4-A2 150,000,000.00 4.58000% 970.98834067 3.70593887 0.00000000 0.00000000 4-A3 100,000,000.00 4.17000% 970.98834070 3.37418450 0.00000000 0.00000000 4-A4 138,779,000.00 4.13000% 970.98834067 3.34181821 0.00000000 0.00000000 4-A5 2,500,000.00 4.50000% 970.98834000 3.64120800 0.00000000 0.00000000 4-AX 0.00 4.29000% 951.56511580 3.40184526 0.00000000 0.00000000 4-PAX 0.00 4.29000% 992.69485210 3.54888409 0.00000000 0.00000000 5-A 99,466,000.00 3.88000% 970.85698962 3.13910422 0.00000000 0.00000000 5-AX 0.00 3.88000% 967.68089096 3.12883481 0.00000000 0.00000000 6-A 71,083,000.00 4.53000% 969.03463191 3.65810574 0.00000000 0.00000000 6-AX 0.00 4.53000% 964.43946092 3.64075920 0.00000000 0.00000000 B1-I 7,858,000.00 1.79000% 999.38221812 1.49074574 0.00000000 0.00000000 B1X-I 0.00 2.24387% 999.38221812 1.86873250 0.00000000 0.00000000 B2-I 3,349,000.00 2.49000% 999.38221857 2.07371753 0.00000000 0.00000000 B2X-I 0.00 1.54387% 999.38221857 1.28575993 0.00000000 0.00000000 B1-II 34,109,000.00 1.74000% 999.26881263 1.54553578 0.00000000 0.00000000 B1X-II 0.00 2.64806% 999.26881263 2.35210853 0.00000000 0.00000000 B2-II 8,756,000.00 4.68060% 999.26881224 3.89764390 0.00000000 0.00000000 B-3 5,415,000.00 4.51111% 999.29853001 3.75662235 0.00000000 0.00000000 B-4 8,255,000.00 4.51111% 999.29852938 3.75662265 0.00000000 0.00000000 B-5 5,306,000.00 4.51111% 999.29852997 3.75662269 0.00000000 0.00000000 B-6 4,144,605.13 4.51111% 999.29852907 3.75662325 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 0.00000000 0.00000000 0.00000000 1-A 0.00000005 0.00000000 3.29148400 0.00000000 950.97466754 2-A 0.00000000 0.00000000 1.00173999 0.00000000 830.95596755 2-AX 0.00000000 0.00000000 1.54566975 0.00000000 830.95596755 3-A1 0.00000000 0.00000000 4.26175250 0.00000000 930.38971250 3-A2 0.00000000 0.00000000 3.31931554 0.00000000 930.38971251 3-A3 0.00000000 0.00000000 3.74126240 0.00000000 930.38971260 3-AX 0.00000000 0.00000000 3.39310021 0.00000000 917.75715863 4-A1 0.00000000 0.00000000 3.38227600 0.00000000 948.23110090 4-A2 0.00000000 0.00000000 3.70593880 0.00000000 948.23110087 4-A3 0.00000000 0.00000000 3.37418450 0.00000000 948.23110090 4-A4 0.00000000 0.00000000 3.34181821 0.00000000 948.23110089 4-A5 0.00000000 0.00000000 3.64120800 0.00000000 948.23110000 4-AX 0.00000000 0.00000000 3.40184526 0.00000000 919.02770067 4-PAX 0.00000000 0.00000000 3.54888409 0.00000000 980.24932619 5-A 0.00000000 0.00000000 3.13910422 0.00000000 957.57076961 5-AX 0.00000000 0.00000000 3.12883481 0.00000000 953.02340045 6-A 0.00000000 0.00000000 3.65810574 0.00000000 936.34840201 6-AX 0.00000000 0.00000000 3.64075920 0.00000000 922.05211841 B1-I 0.00000000 0.00000000 1.49074574 0.00000000 999.07569483 B1X-I 0.00000000 0.00000000 1.86873250 0.00000000 999.07569483 B2-I 0.00000000 0.00000000 2.07371753 0.00000000 999.07569424 B2X-I 0.00000000 0.00000000 1.28575993 0.00000000 999.07569424 B1-II 0.00000000 0.00000000 1.54553578 0.00000000 998.90373421 B1X-II 0.00000000 0.00000000 2.35210853 0.00000000 998.90373421 B2-II 0.00000000 0.00000000 3.89764390 0.00000000 998.90373458 B-3 0.00000000 0.00000000 3.75662235 0.00000000 998.94879409 B-4 0.00000000 0.00000000 3.75662265 0.00000000 998.94879467 B-5 0.00000000 0.00000000 3.75662269 0.00000000 998.94879570 B-6 0.00000000 0.00000000 3.75662325 0.00000000 998.94879491 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 30,817,633.66 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 30,817,633.66 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 251,051.89 Payment of Interest and Principal 30,566,581.77 Total Withdrawals (Pool Distribution Amount) 30,817,633.66 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 0.01
SERVICING FEES Gross Servicing Fee 245,815.80 Wells Fargo Bank, N.A. 5,236.09 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 251,051.89
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 26 0 0 0 26 10,246,008.67 0.00 0.00 0.00 10,246,008.67 60 Days 5 0 0 0 5 5,113,201.74 0.00 0.00 0.00 5,113,201.74 90 Days 1 0 0 0 1 348,000.00 0.00 0.00 0.00 348,000.00 120 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 1 0 0 0 1 239,125.39 0.00 0.00 0.00 239,125.39 Totals 33 0 0 0 33 15,946,335.80 0.00 0.00 0.00 15,946,335.80 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 0.847181% 0.000000% 0.000000% 0.000000% 0.847181% 0.917299% 0.000000% 0.000000% 0.000000% 0.917299% 60 Days 0.162920% 0.000000% 0.000000% 0.000000% 0.162920% 0.457772% 0.000000% 0.000000% 0.000000% 0.457772% 90 Days 0.032584% 0.000000% 0.000000% 0.000000% 0.032584% 0.031156% 0.000000% 0.000000% 0.000000% 0.031156% 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 0.032584% 0.000000% 0.000000% 0.000000% 0.032584% 0.021408% 0.000000% 0.000000% 0.000000% 0.021408% Totals 1.075269% 0.000000% 0.000000% 0.000000% 1.075269% 1.427635% 0.000000% 0.000000% 0.000000% 1.427635%
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 5 0 0 0 5 1,143,831.66 0.00 0.00 0.00 1,143,831.66 60 Days 1 0 0 0 1 129,200.00 0.00 0.00 0.00 129,200.00 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 6 0 0 0 6 1,273,031.66 0.00 0.00 0.00 1,273,031.66 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.874126% 0.000000% 0.000000% 0.000000% 0.874126% 0.517532% 0.000000% 0.000000% 0.000000% 0.517532% 60 Days 0.174825% 0.000000% 0.000000% 0.000000% 0.174825% 0.058457% 0.000000% 0.000000% 0.000000% 0.058457% 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 1.048951% 0.000000% 0.000000% 0.000000% 1.048951% 0.575989% 0.000000% 0.000000% 0.000000% 0.575989% 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 1 0 0 0 1 462,201.74 0.00 0.00 0.00 462,201.74 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 1 0 0 0 1 239,125.39 0.00 0.00 0.00 239,125.39 Totals 2 0 0 0 2 701,327.13 0.00 0.00 0.00 701,327.13 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.538462% 0.000000% 0.000000% 0.000000% 1.538462% 2.101475% 0.000000% 0.000000% 0.000000% 2.101475% 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 1.538462% 0.000000% 0.000000% 0.000000% 1.538462% 1.087222% 0.000000% 0.000000% 0.000000% 1.087222% Totals 3.076923% 0.000000% 0.000000% 0.000000% 3.076923% 3.188697% 0.000000% 0.000000% 0.000000% 3.188697% 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 7 0 0 0 7 3,450,218.00 0.00 0.00 0.00 3,450,218.00 60 Days 2 0 0 0 2 489,601.74 0.00 0.00 0.00 489,601.74 90 Days 1 0 0 0 1 348,000.00 0.00 0.00 0.00 348,000.00 120 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 10 0 0 0 10 4,287,819.74 0.00 0.00 0.00 4,287,819.74 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.215278% 0.000000% 0.000000% 0.000000% 1.215278% 1.723541% 0.000000% 0.000000% 0.000000% 1.723541% 60 Days 0.347222% 0.000000% 0.000000% 0.000000% 0.347222% 0.244578% 0.000000% 0.000000% 0.000000% 0.244578% 90 Days 0.173611% 0.000000% 0.000000% 0.000000% 0.173611% 0.173842% 0.000000% 0.000000% 0.000000% 0.173842% 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 1.736111% 0.000000% 0.000000% 0.000000% 1.736111% 2.141961% 0.000000% 0.000000% 0.000000% 2.141961% 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 4 0 0 0 4 1,613,831.20 0.00 0.00 0.00 1,613,831.20 60 Days 1 0 0 0 1 494,400.00 0.00 0.00 0.00 494,400.00 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 2,108,231.20 0.00 0.00 0.00 2,108,231.20 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.883002% 0.000000% 0.000000% 0.000000% 0.883002% 0.920022% 0.000000% 0.000000% 0.000000% 0.920022% 60 Days 0.220751% 0.000000% 0.000000% 0.000000% 0.220751% 0.281850% 0.000000% 0.000000% 0.000000% 0.281850% 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 1.103753% 0.000000% 0.000000% 0.000000% 1.103753% 1.201872% 0.000000% 0.000000% 0.000000% 1.201872% 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 9 0 0 0 9 3,575,926.07 0.00 0.00 0.00 3,575,926.07 60 Days 1 0 0 0 1 4,000,000.00 0.00 0.00 0.00 4,000,000.00 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 10 0 0 0 10 7,575,926.07 0.00 0.00 0.00 7,575,926.07 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.986842% 0.000000% 0.000000% 0.000000% 0.986842% 1.101523% 0.000000% 0.000000% 0.000000% 1.101523% 60 Days 0.109649% 0.000000% 0.000000% 0.000000% 0.109649% 1.232154% 0.000000% 0.000000% 0.000000% 1.232154% 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 1.096491% 0.000000% 0.000000% 0.000000% 1.096491% 2.333677% 0.000000% 0.000000% 0.000000% 2.333677% 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 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%
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% 69,260,213.70 6.20224627% 0.703033% 0.000000% Class B1-II 35,225,605.13 2.98624140% 35,188,606.23 3.15113671% 3.051110% 0.000000% Class B2-I 31,876,605.13 2.70233080% 31,842,701.73 2.85151124% 0.299625% 0.000000% Class B2-II 23,120,605.13 1.96004321% 23,096,300.63 2.06827176% 0.783239% 0.000000% Class B-3 17,705,605.13 1.50098801% 17,686,992.91 1.58386872% 0.484403% 0.000000% Class B-4 9,450,605.13 0.80117256% 9,440,670.61 0.84541125% 0.738457% 0.000000% Class B-5 4,144,605.13 0.35135781% 4,140,248.30 0.37075888% 0.474652% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.370759% 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 0.02938303% Fraud 23,591,934.00 1.99999999% 23,591,934.00 2.11265569% Special Hazard 11,795,968.00 1.00000008% 11,166,956.40 1.00000000% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.347890% Weighted Average Net Coupon 5.089675% Weighted Average Pass-Through Rate 5.084175% Weighted Average Maturity(Stepdown Calculation ) 356 Beginning Scheduled Collateral Loan Count 3,126 Number Of Loans Paid In Full 57 Ending Scheduled Collateral Loan Count 3,069 Beginning Scheduled Collateral Balance 1,142,370,724.99 Ending Scheduled Collateral Balance 1,116,695,640.44 Ending Actual Collateral Balance at 31-Mar-2004 1,116,975,710.90 Monthly P &I Constant 5,491,561.81 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 1,116,695,640.44 Scheduled Principal 400,500.66 Unscheduled Principal 25,274,583.89
Miscellaneous Reporting CAP payment 0.00
Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.343128 3.856893 5.558110 Weighted Average Net Rate 4.092637 3.565677 5.308110 Weighted Average Maturity 356 351 356 Beginning Loan Count 581 66 591 Loans Paid In Full 9 1 15 Ending Loan Count 572 65 576 Beginning Scheduled Balance 224,320,031.36 22,647,803.01 206,949,330.88 Ending scheduled Balance 220,985,452.47 21,971,809.97 200,126,321.90 Record Date 03/31/2004 03/31/2004 03/31/2004 Principal And Interest Constant 857,164.50 100,846.65 1,040,260.71 Scheduled Principal 45,289.03 28,054.85 81,721.34 Unscheduled Principal 3,289,289.86 647,938.19 6,741,287.64 Scheduled Interest 811,875.47 72,791.80 958,539.37 Servicing Fees 46,825.01 5,496.17 43,114.51 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 1,028.12 103.81 948.52 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 764,022.34 67,191.82 914,476.34 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 4.087137 3.560178 5.302610
Group Level Collateral Statement Group 4 5 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.776845 5.748482 5.245481 Weighted Average Net Rate 5.526845 5.495925 4.992052 Weighted Average Maturity 356 356 356 Beginning Loan Count 457 932 303 Loans Paid In Full 4 20 3 Ending Loan Count 453 912 300 Beginning Scheduled Balance 177,217,170.95 333,948,908.02 103,468,753.36 Ending scheduled Balance 175,390,039.96 324,589,099.66 102,140,465.59 Record Date 03/31/2004 03/31/2004 03/31/2004 Principal And Interest Constant 881,242.83 1,673,231.41 553,642.67 Scheduled Principal 28,112.73 73,482.08 101,356.55 Unscheduled Principal 1,799,018.26 9,286,326.28 1,226,931.22 Scheduled Interest 853,130.10 1,599,749.33 452,286.12 Servicing Fees 36,920.31 70,284.12 21,851.61 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 812.29 1,530.55 474.22 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 815,397.50 1,527,934.66 429,960.29 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 5.521345 5.490425 4.986552
Group Level Collateral Statement Group 7 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 5.570765 5.347890 Weighted Average Net Rate 5.224130 5.089675 Weighted Average Maturity 355.00 356.00 Record Date 03/31/2004 03/31/2004 Principal And Interest Constant 385,173.04 5,491,561.81 Beginning Loan Count 196 3,126 Loans Paid In Full 5 57 Ending Loan Count 191 3,069 Beginning Scheduled Balance 73,818,727.41 1,142,370,724.99 Ending Scheduled Balance 71,492,450.89 1,116,695,640.44 Scheduled Principal 42,484.08 400,500.66 Unscheduled Principal 2,283,792.44 25,274,583.89 Scheduled Interest 342,688.96 5,091,061.15 Servicing Fee 21,323.43 245,815.16 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 338.32 5,235.83 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 321,027.21 4,840,010.16 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 5.218630 5.084175
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