-----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, QiWtlUslKx96+705W6YnoP4y5/MV3DAwDecf786Fc6Qy+mCo9YsL5uNmxk6vu7Rq zaU8OCN9pAdkQeZSCGCShw== 0001056404-05-001044.txt : 20050207 0001056404-05-001044.hdr.sgml : 20050207 20050207094919 ACCESSION NUMBER: 0001056404-05-001044 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040525 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: 05579125 BUSINESS ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 8-K/A 1 srm04001_10405.txt MAY 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): May 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 May 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-CX was 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 holders of Mortgage Pass-Through Certificates, Series 2004-1 Trust, relating to the May 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: 2/1/2005 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 May 25, 2004 distribution. EX-99.1
Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Record Date: 4/30/2004 Distribution Date: 5/25/2004 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 4.08973% 0.00 0.00 0.00 1-A 86359BFY2 SEN 4.07118% 205,478,047.39 697,115.97 4,587,909.93 2-A 86359BFZ9 SEN 1.41000% 20,229,623.03 23,769.81 1,157,793.98 2-AX 86359BGA3 IO 2.12077% 0.00 35,751.94 0.00 3-A1 86359BGB1 SEN 5.30499% 37,215,588.50 164,523.52 2,139,075.97 3-A2 86359BGC9 SEN 4.13000% 102,491,730.73 352,742.38 5,891,015.24 3-A3 86359BGD7 SEN 4.65500% 46,519,485.63 180,456.84 2,673,844.97 3-AX 86359BGE5 IO 4.29000% 0.00 125,552.94 0.00 4-A1 86359BGF2 SEN 4.18000% 94,823,110.09 330,300.50 3,814,379.54 4-A2 86359BGG0 SEN 4.58000% 142,234,665.13 542,862.31 5,721,569.32 4-A3 86359BGH8 SEN 4.17000% 94,823,110.09 329,510.31 3,814,379.54 4-A4 86359BGJ4 SEN 4.13000% 131,594,563.95 452,904.63 5,293,557.79 4-A5 86359BGK1 SEN 4.50000% 2,370,577.75 8,889.67 95,359.49 4-AX 86359BGL9 IO 4.29000% 0.00 323,289.52 0.00 4-PAX 86359BGM7 IO 4.29000% 0.00 179,916.57 0.00 5-A 86359BGN5 SEN 3.88000% 95,245,734.17 307,961.21 2,901,967.01 5-AX 86359BGP0 IO 3.88000% 0.00 87,698.60 0.00 6-A 86359BGQ8 SEN 4.53000% 66,558,453.46 251,258.16 1,561,984.00 6-AX 86359BGR6 IO 4.53000% 0.00 37,791.11 0.00 B1-I 86359BGS4 SUB 1.80000% 7,850,736.81 11,776.11 2,543.41 B1X-I 86359BGT2 IO 2.21660% 0.00 14,501.64 0.00 B2-I 86359BGU9 SUB 2.50000% 3,345,904.50 6,970.63 1,083.98 B2X-I 86359BGV7 IO 1.51660% 0.00 4,228.68 0.00 B1-II 86359BGW5 SUB 1.75000% 34,071,607.47 48,031.50 12,391.00 B1X-II 86359BGX3 IO 3.09168% 0.00 84,855.88 0.00 B2-II 86359BGY1 SUB 4.68029% 8,746,401.10 34,113.05 3,180.85 B-3 86359BHA2 SUB 4.50635% 5,409,307.72 20,313.54 1,910.95 B-4 86359BHC8 SUB 4.50635% 8,246,322.30 30,967.36 2,913.18 B-5 86359BHD6 SUB 4.50635% 5,300,422.31 19,904.64 1,872.48 B-6 86359BHE4 SUB 4.50635% 4,140,248.30 15,547.85 1,462.63 P-1 SRM0401P1 SEN 0.00000% 0.00 2,922.95 0.00 P-2 SRM0401P2 SEN 0.00000% 0.00 29,987.72 0.00 P-3 SRM0401P3 SEN 0.00000% 0.00 44,803.74 0.00 C-X SRM0401CX SEN 0.00000% 0.00 0.00 0.00 Totals 1,116,695,640.43 4,801,221.28 39,680,195.26
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 0.00 200,890,137.46 5,285,025.90 0.00 2-A 0.00 19,071,829.05 1,181,563.79 0.00 2-AX 0.00 0.00 35,751.94 0.00 3-A1 0.00 35,076,512.53 2,303,599.49 0.00 3-A2 0.00 96,600,715.50 6,243,757.62 0.00 3-A3 0.00 43,845,640.66 2,854,301.81 0.00 3-AX 0.00 0.00 125,552.94 0.00 4-A1 0.00 91,008,730.54 4,144,680.04 0.00 4-A2 0.00 136,513,095.82 6,264,431.63 0.00 4-A3 0.00 91,008,730.54 4,143,889.85 0.00 4-A4 0.00 126,301,006.16 5,746,462.42 0.00 4-A5 0.00 2,275,218.26 104,249.16 0.00 4-AX 0.00 0.00 323,289.52 0.00 4-PAX 0.00 0.00 179,916.57 0.00 5-A 0.00 92,343,767.16 3,209,928.22 0.00 5-AX 0.00 0.00 87,698.60 0.00 6-A 0.00 64,996,469.46 1,813,242.16 0.00 6-AX 0.00 0.00 37,791.11 0.00 B1-I 0.00 7,848,193.40 14,319.52 0.00 B1X-I 0.00 0.00 14,501.64 0.00 B2-I 0.00 3,344,820.52 8,054.61 0.00 B2X-I 0.00 0.00 4,228.68 0.00 B1-II 0.00 34,059,216.46 60,422.50 0.00 B1X-II 0.00 0.00 84,855.88 0.00 B2-II 0.00 8,743,220.25 37,293.90 0.00 B-3 0.00 5,407,396.78 22,224.49 0.00 B-4 0.00 8,243,409.12 33,880.54 0.00 B-5 0.00 5,298,549.83 21,777.12 0.00 B-6 0.00 4,138,785.67 17,010.48 0.00 P-1 0.00 0.00 2,922.95 0.00 P-2 0.00 0.00 29,987.72 0.00 P-3 0.00 0.00 44,803.74 0.00 C-X 0.00 0.00 0.00 0.00 Totals 0.00 1,077,015,445.17 44,481,416.54 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 216,071,000.00 205,478,047.39 44,566.08 4,543,343.85 0.00 0.00 2-A 24,345,000.00 20,229,623.03 25,835.58 1,131,958.40 0.00 0.00 2-AX 0.00 0.00 0.00 0.00 0.00 0.00 3-A1 40,000,000.00 37,215,588.50 14,571.86 2,124,504.12 0.00 0.00 3-A2 110,160,000.00 102,491,730.73 40,130.90 5,850,884.34 0.00 0.00 3-A3 50,000,000.00 46,519,485.63 18,214.82 2,655,630.15 0.00 0.00 3-AX 0.00 0.00 0.00 0.00 0.00 0.00 4-A1 100,000,000.00 94,823,110.09 18,408.39 3,795,971.15 0.00 0.00 4-A2 150,000,000.00 142,234,665.13 27,612.59 5,693,956.73 0.00 0.00 4-A3 100,000,000.00 94,823,110.09 18,408.39 3,795,971.15 0.00 0.00 4-A4 138,779,000.00 131,594,563.95 25,546.98 5,268,010.80 0.00 0.00 4-A5 2,500,000.00 2,370,577.75 460.21 94,899.28 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 95,245,734.17 93,987.92 2,807,979.09 0.00 0.00 5-AX 0.00 0.00 0.00 0.00 0.00 0.00 6-A 71,083,000.00 66,558,453.46 39,088.34 1,522,895.66 0.00 0.00 6-AX 0.00 0.00 0.00 0.00 0.00 0.00 B1-I 7,858,000.00 7,850,736.81 2,543.41 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 3,345,904.50 1,083.98 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 34,071,607.47 12,391.00 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 8,746,401.10 3,180.85 0.00 0.00 0.00 B-3 5,415,000.00 5,409,307.72 1,910.95 0.00 0.00 0.00 B-4 8,255,000.00 8,246,322.30 2,913.18 0.00 0.00 0.00 B-5 5,306,000.00 5,300,422.31 1,872.48 0.00 0.00 0.00 B-6 4,144,605.13 4,140,248.30 1,462.63 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 1,116,695,640.43 394,190.54 39,286,004.72 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 4,587,909.93 200,890,137.46 0.92974132 4,587,909.93 2-A 1,157,793.98 19,071,829.05 0.78339819 1,157,793.98 2-AX 0.00 0.00 0.00000000 0.00 3-A1 2,139,075.97 35,076,512.53 0.87691281 2,139,075.97 3-A2 5,891,015.24 96,600,715.50 0.87691281 5,891,015.24 3-A3 2,673,844.97 43,845,640.66 0.87691281 2,673,844.97 3-AX 0.00 0.00 0.00000000 0.00 4-A1 3,814,379.54 91,008,730.54 0.91008731 3,814,379.54 4-A2 5,721,569.32 136,513,095.82 0.91008731 5,721,569.32 4-A3 3,814,379.54 91,008,730.54 0.91008731 3,814,379.54 4-A4 5,293,557.79 126,301,006.16 0.91008731 5,293,557.79 4-A5 95,359.49 2,275,218.26 0.91008730 95,359.49 4-AX 0.00 0.00 0.00000000 0.00 4-PAX 0.00 0.00 0.00000000 0.00 5-A 2,901,967.01 92,343,767.16 0.92839530 2,901,967.01 5-AX 0.00 0.00 0.00000000 0.00 6-A 1,561,984.00 64,996,469.46 0.91437432 1,561,984.00 6-AX 0.00 0.00 0.00000000 0.00 B1-I 2,543.41 7,848,193.40 0.99875202 2,543.41 B1X-I 0.00 0.00 0.00000000 0.00 B2-I 1,083.98 3,344,820.52 0.99875202 1,083.98 B2X-I 0.00 0.00 0.00000000 0.00 B1-II 12,391.00 34,059,216.46 0.99854046 12,391.00 B1X-II 0.00 0.00 0.00000000 0.00 B2-II 3,180.85 8,743,220.25 0.99854046 3,180.85 B-3 1,910.95 5,407,396.78 0.99859590 1,910.95 B-4 2,913.18 8,243,409.12 0.99859590 2,913.18 B-5 1,872.48 5,298,549.83 0.99859590 1,872.48 B-6 1,462.63 4,138,785.67 0.99859590 1,462.63 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 39,680,195.26 1,077,015,445.17 0.91303701 39,680,195.26
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 216,071,000.00 950.97466754 0.20625665 21.02708762 0.00000000 2-A 24,345,000.00 830.95596755 1.06122736 46.49654549 0.00000000 2-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 40,000,000.00 930.38971250 0.36429650 53.11260300 0.00000000 3-A2 110,160,000.00 930.38971251 0.36429648 53.11260294 0.00000000 3-A3 50,000,000.00 930.38971260 0.36429640 53.11260300 0.00000000 3-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 100,000,000.00 948.23110090 0.18408390 37.95971150 0.00000000 4-A2 150,000,000.00 948.23110087 0.18408393 37.95971153 0.00000000 4-A3 100,000,000.00 948.23110090 0.18408390 37.95971150 0.00000000 4-A4 138,779,000.00 948.23110089 0.18408390 37.95971148 0.00000000 4-A5 2,500,000.00 948.23110000 0.18408400 37.95971200 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 99,466,000.00 957.57076961 0.94492510 28.23054199 0.00000000 5-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 6-A 71,083,000.00 936.34840201 0.54989716 21.42418947 0.00000000 6-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 7,858,000.00 999.07569483 0.32367142 0.00000000 0.00000000 B1X-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2-I 3,349,000.00 999.07569424 0.32367274 0.00000000 0.00000000 B2X-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-II 34,109,000.00 998.90373421 0.36327655 0.00000000 0.00000000 B1X-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2-II 8,756,000.00 998.90373458 0.36327661 0.00000000 0.00000000 B-3 5,415,000.00 998.94879409 0.35289935 0.00000000 0.00000000 B-4 8,255,000.00 998.94879467 0.35289885 0.00000000 0.00000000 B-5 5,306,000.00 998.94879570 0.35289861 0.00000000 0.00000000 B-6 4,144,605.13 998.94879491 0.35289972 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 21.23334427 929.74132327 0.92974132 21.23334427 2-A 0.00000000 47.55777285 783.39819470 0.78339819 47.55777285 2-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 0.00000000 53.47689925 876.91281325 0.87691281 53.47689925 3-A2 0.00000000 53.47689942 876.91281318 0.87691281 53.47689942 3-A3 0.00000000 53.47689940 876.91281320 0.87691281 53.47689940 3-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 0.00000000 38.14379540 910.08730540 0.91008731 38.14379540 4-A2 0.00000000 38.14379547 910.08730547 0.91008731 38.14379547 4-A3 0.00000000 38.14379540 910.08730540 0.91008731 38.14379540 4-A4 0.00000000 38.14379546 910.08730543 0.91008731 38.14379546 4-A5 0.00000000 38.14379600 910.08730400 0.91008730 38.14379600 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 29.17546709 928.39530252 0.92839530 29.17546709 5-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 6-A 0.00000000 21.97408663 914.37431538 0.91437432 21.97408663 6-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 0.00000000 0.32367142 998.75202342 0.99875202 0.32367142 B1X-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2-I 0.00000000 0.32367274 998.75202150 0.99875202 0.32367274 B2X-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-II 0.00000000 0.36327655 998.54045736 0.99854046 0.36327655 B1X-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2-II 0.00000000 0.36327661 998.54045797 0.99854046 0.36327661 B-3 0.00000000 0.35289935 998.59589658 0.99859590 0.35289935 B-4 0.00000000 0.35289885 998.59589582 0.99859590 0.35289885 B-5 0.00000000 0.35289861 998.59589710 0.99859590 0.35289861 B-6 0.00000000 0.35289972 998.59589519 0.99859590 0.35289972 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 4.08973% 0.00 0.00 0.00 0.00 1-A 216,071,000.00 4.07118% 205,478,047.39 697,115.96 0.00 0.00 2-A 24,345,000.00 1.41000% 20,229,623.03 23,769.81 0.00 0.00 2-AX 0.00 2.12077% 20,229,623.03 35,751.94 0.00 0.00 3-A1 40,000,000.00 5.30499% 37,215,588.50 164,523.51 0.00 0.00 3-A2 110,160,000.00 4.13000% 102,491,730.73 352,742.37 0.00 0.00 3-A3 50,000,000.00 4.65500% 46,519,485.63 180,456.84 0.00 0.00 3-AX 0.00 4.29000% 35,119,702.71 125,552.94 0.00 0.00 4-A1 100,000,000.00 4.18000% 94,823,110.09 330,300.50 0.00 0.00 4-A2 150,000,000.00 4.58000% 142,234,665.13 542,862.31 0.00 0.00 4-A3 100,000,000.00 4.17000% 94,823,110.09 329,510.31 0.00 0.00 4-A4 138,779,000.00 4.13000% 131,594,563.95 452,904.62 0.00 0.00 4-A5 2,500,000.00 4.50000% 2,370,577.75 8,889.67 0.00 0.00 4-AX 0.00 4.29000% 90,430,633.01 323,289.51 0.00 0.00 4-PAX 0.00 4.29000% 50,326,311.67 179,916.56 0.00 0.00 5-A 99,466,000.00 3.88000% 95,245,734.17 307,961.21 0.00 0.00 5-AX 0.00 3.88000% 27,123,277.33 87,698.60 0.00 0.00 6-A 71,083,000.00 4.53000% 66,558,453.46 251,258.16 0.00 0.00 6-AX 0.00 4.53000% 10,010,889.55 37,791.11 0.00 0.00 B1-I 7,858,000.00 1.80000% 7,850,736.81 11,776.11 0.00 0.00 B1X-I 0.00 2.21660% 7,850,736.81 14,501.64 0.00 0.00 B2-I 3,349,000.00 2.50000% 3,345,904.50 6,970.63 0.00 0.00 B2X-I 0.00 1.51660% 3,345,904.50 4,228.68 0.00 0.00 B1-II 34,109,000.00 1.75000% 34,071,607.47 48,031.50 0.00 0.00 B1X-II 0.00 3.09168% 34,071,607.47 84,855.88 0.00 0.00 B2-II 8,756,000.00 4.68029% 8,746,401.10 34,113.05 0.00 0.00 B-3 5,415,000.00 4.50635% 5,409,307.72 20,313.54 0.00 0.00 B-4 8,255,000.00 4.50635% 8,246,322.30 30,967.36 0.00 0.00 B-5 5,306,000.00 4.50635% 5,300,422.31 19,904.64 0.00 0.00 B-6 4,144,605.13 4.50635% 4,140,248.30 15,547.85 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 4,723,506.81 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) 0.00 697,115.97 0.00 200,890,137.46 2-A 0.00 0.00 23,769.81 0.00 19,071,829.05 2-AX 0.00 0.00 35,751.94 0.00 19,071,829.05 3-A1 0.00 0.00 164,523.52 0.00 35,076,512.53 3-A2 0.00 0.00 352,742.38 0.00 96,600,715.50 3-A3 0.00 0.00 180,456.84 0.00 43,845,640.66 3-AX 0.00 0.00 125,552.94 0.00 32,589,618.90 4-A1 0.00 0.00 330,300.50 0.00 91,008,730.54 4-A2 (0.01) 0.00 542,862.31 0.00 136,513,095.82 4-A3 0.00 0.00 329,510.31 0.00 91,008,730.54 4-A4 0.00 0.00 452,904.63 0.00 126,301,006.16 4-A5 0.00 0.00 8,889.67 0.00 2,275,218.26 4-AX 0.00 0.00 323,289.52 0.00 85,467,965.26 4-PAX 0.00 0.00 179,916.57 0.00 49,274,807.74 5-A 0.00 0.00 307,961.21 0.00 92,343,767.16 5-AX 0.00 0.00 87,698.60 0.00 26,219,761.10 6-A 0.00 0.00 251,258.16 0.00 64,996,469.46 6-AX 0.00 0.00 37,791.11 0.00 9,736,385.21 B1-I 0.00 0.00 11,776.11 0.00 7,848,193.40 B1X-I 0.00 0.00 14,501.64 0.00 7,848,193.40 B2-I 0.00 0.00 6,970.63 0.00 3,344,820.52 B2X-I 0.00 0.00 4,228.68 0.00 3,344,820.52 B1-II 0.00 0.00 48,031.50 0.00 34,059,216.46 B1X-II 0.00 0.00 84,855.88 0.00 34,059,216.46 B2-II 0.00 0.00 34,113.05 0.00 8,743,220.25 B-3 0.00 0.00 20,313.54 0.00 5,407,396.78 B-4 0.00 0.00 30,967.36 0.00 8,243,409.12 B-5 0.00 0.00 19,904.64 0.00 5,298,549.83 B-6 0.00 0.00 15,547.85 0.00 4,138,785.67 P-1 0.00 0.00 2,922.95 0.00 0.00 P-2 0.00 0.00 29,987.72 0.00 0.00 P-3 0.00 0.00 44,803.74 0.00 0.00 C-X 0.00 0.00 0.00 0.00 0.00 Totals (0.02) 0.00 4,801,221.28 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 4.08973% 0.00000000 0.00000000 0.00000000 0.00000000 1-A 216,071,000.00 4.07118% 950.97466754 3.22632820 0.00000000 0.00000000 2-A 24,345,000.00 1.41000% 830.95596755 0.97637338 0.00000000 0.00000000 2-AX 0.00 2.12077% 830.95596755 1.46855371 0.00000000 0.00000000 3-A1 40,000,000.00 5.30499% 930.38971250 4.11308775 0.00000000 0.00000000 3-A2 110,160,000.00 4.13000% 930.38971251 3.20209123 0.00000000 0.00000000 3-A3 50,000,000.00 4.65500% 930.38971260 3.60913680 0.00000000 0.00000000 3-AX 0.00 4.29000% 917.75728119 3.28098235 0.00000000 0.00000000 4-A1 100,000,000.00 4.18000% 948.23110090 3.30300500 0.00000000 0.00000000 4-A2 150,000,000.00 4.58000% 948.23110087 3.61908207 0.00000000 0.00000000 4-A3 100,000,000.00 4.17000% 948.23110090 3.29510310 0.00000000 0.00000000 4-A4 138,779,000.00 4.13000% 948.23110089 3.26349534 0.00000000 0.00000000 4-A5 2,500,000.00 4.50000% 948.23110000 3.55586800 0.00000000 0.00000000 4-AX 0.00 4.29000% 919.02733887 3.28552271 0.00000000 0.00000000 4-PAX 0.00 4.29000% 980.24935989 3.50439138 0.00000000 0.00000000 5-A 99,466,000.00 3.88000% 957.57076961 3.09614552 0.00000000 0.00000000 5-AX 0.00 3.88000% 953.02488111 3.08144723 0.00000000 0.00000000 6-A 71,083,000.00 4.53000% 936.34840201 3.53471519 0.00000000 0.00000000 6-AX 0.00 4.53000% 922.05101408 3.48074276 0.00000000 0.00000000 B1-I 7,858,000.00 1.80000% 999.07569483 1.49861415 0.00000000 0.00000000 B1X-I 0.00 2.21660% 999.07569483 1.84546195 0.00000000 0.00000000 B2-I 3,349,000.00 2.50000% 999.07569424 2.08140639 0.00000000 0.00000000 B2X-I 0.00 1.51660% 999.07569424 1.26266945 0.00000000 0.00000000 B1-II 34,109,000.00 1.75000% 998.90373421 1.40817673 0.00000000 0.00000000 B1X-II 0.00 3.09168% 998.90373421 2.48778563 0.00000000 0.00000000 B2-II 8,756,000.00 4.68029% 998.90373458 3.89596277 0.00000000 0.00000000 B-3 5,415,000.00 4.50635% 998.94879409 3.75134626 0.00000000 0.00000000 B-4 8,255,000.00 4.50635% 998.94879467 3.75134585 0.00000000 0.00000000 B-5 5,306,000.00 4.50635% 998.94879570 3.75134565 0.00000000 0.00000000 B-6 4,144,605.13 4.50635% 998.94879491 3.75134651 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 3.22632824 0.00000000 929.74132327 2-A 0.00000000 0.00000000 0.97637338 0.00000000 783.39819470 2-AX 0.00000000 0.00000000 1.46855371 0.00000000 783.39819470 3-A1 0.00000000 0.00000000 4.11308800 0.00000000 876.91281325 3-A2 0.00000000 0.00000000 3.20209132 0.00000000 876.91281318 3-A3 0.00000000 0.00000000 3.60913680 0.00000000 876.91281320 3-AX 0.00000000 0.00000000 3.28098235 0.00000000 851.64046757 4-A1 0.00000000 0.00000000 3.30300500 0.00000000 910.08730540 4-A2 (0.00000007) 0.00000000 3.61908207 0.00000000 910.08730547 4-A3 0.00000000 0.00000000 3.29510310 0.00000000 910.08730540 4-A4 0.00000000 0.00000000 3.26349541 0.00000000 910.08730543 4-A5 0.00000000 0.00000000 3.55586800 0.00000000 910.08730400 4-AX 0.00000000 0.00000000 3.28552281 0.00000000 868.59279933 4-PAX 0.00000000 0.00000000 3.50439157 0.00000000 959.76830296 5-A 0.00000000 0.00000000 3.09614552 0.00000000 928.39530252 5-AX 0.00000000 0.00000000 3.08144723 0.00000000 921.27822169 6-A 0.00000000 0.00000000 3.53471519 0.00000000 914.37431538 6-AX 0.00000000 0.00000000 3.48074276 0.00000000 896.76784580 B1-I 0.00000000 0.00000000 1.49861415 0.00000000 998.75202342 B1X-I 0.00000000 0.00000000 1.84546195 0.00000000 998.75202342 B2-I 0.00000000 0.00000000 2.08140639 0.00000000 998.75202150 B2X-I 0.00000000 0.00000000 1.26266945 0.00000000 998.75202150 B1-II 0.00000000 0.00000000 1.40817673 0.00000000 998.54045736 B1X-II 0.00000000 0.00000000 2.48778563 0.00000000 998.54045736 B2-II 0.00000000 0.00000000 3.89596277 0.00000000 998.54045797 B-3 0.00000000 0.00000000 3.75134626 0.00000000 998.59589658 B-4 0.00000000 0.00000000 3.75134585 0.00000000 998.59589582 B-5 0.00000000 0.00000000 3.75134565 0.00000000 998.59589710 B-6 0.00000000 0.00000000 3.75134651 0.00000000 998.59589519 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 44,726,757.13 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 44,726,757.13 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 245,340.59 Payment of Interest and Principal 44,481,416.54 Total Withdrawals (Pool Distribution Amount) 44,726,757.13 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 (0.02)
SERVICING FEES Gross Servicing Fee 240,222.19 Wells Fargo Bank, N.A. 5,118.40 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 245,340.59
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 28 0 0 0 28 10,788,006.29 0.00 0.00 0.00 10,788,006.29 60 Days 3 0 0 0 3 955,301.74 0.00 0.00 0.00 955,301.74 90 Days 1 0 0 0 1 129,200.00 0.00 0.00 0.00 129,200.00 120 Days 0 0 1 0 1 0.00 0.00 348,000.00 0.00 348,000.00 150 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 32 0 1 0 33 11,872,508.03 0.00 348,000.00 0.00 12,220,508.03 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 0.941176% 0.000000% 0.000000% 0.000000% 0.941176% 1.001416% 0.000000% 0.000000% 0.000000% 1.001416% 60 Days 0.100840% 0.000000% 0.000000% 0.000000% 0.100840% 0.088678% 0.000000% 0.000000% 0.000000% 0.088678% 90 Days 0.033613% 0.000000% 0.000000% 0.000000% 0.033613% 0.011993% 0.000000% 0.000000% 0.000000% 0.011993% 120 Days 0.000000% 0.000000% 0.033613% 0.000000% 0.033613% 0.000000% 0.000000% 0.032304% 0.000000% 0.032304% 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 1.075630% 0.000000% 0.033613% 0.000000% 1.109244% 1.102087% 0.000000% 0.032304% 0.000000% 1.134391%
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 3,123,981.22 0.00 0.00 0.00 3,123,981.22 60 Days 1 0 0 0 1 170,400.00 0.00 0.00 0.00 170,400.00 90 Days 1 0 0 0 1 129,200.00 0.00 0.00 0.00 129,200.00 120 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 7 0 0 0 7 3,423,581.22 0.00 0.00 0.00 3,423,581.22 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.892857% 0.000000% 0.000000% 0.000000% 0.892857% 1.443478% 0.000000% 0.000000% 0.000000% 1.443478% 60 Days 0.178571% 0.000000% 0.000000% 0.000000% 0.178571% 0.078736% 0.000000% 0.000000% 0.000000% 0.078736% 90 Days 0.178571% 0.000000% 0.000000% 0.000000% 0.178571% 0.059699% 0.000000% 0.000000% 0.000000% 0.059699% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.250000% 0.000000% 0.000000% 0.000000% 1.250000% 1.581913% 0.000000% 0.000000% 0.000000% 1.581913% 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 1 125,373.87 0.00 0.00 0.00 125,373.87 60 Days 1 0 0 0 1 462,201.74 0.00 0.00 0.00 462,201.74 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 2 587,575.61 0.00 0.00 0.00 587,575.61 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.639344% 0.000000% 0.000000% 0.000000% 1.639344% 0.601784% 0.000000% 0.000000% 0.000000% 0.601784% 60 Days 1.639344% 0.000000% 0.000000% 0.000000% 1.639344% 2.218530% 0.000000% 0.000000% 0.000000% 2.218530% 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 3.278689% 0.000000% 0.000000% 0.000000% 3.278689% 2.820314% 0.000000% 0.000000% 0.000000% 2.820314% 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 9 0 0 0 9 2,681,624.35 0.00 0.00 0.00 2,681,624.35 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 1 0 1 0.00 0.00 348,000.00 0.00 348,000.00 150 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 1 0 10 2,681,624.35 0.00 348,000.00 0.00 3,029,624.35 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.639344% 0.000000% 0.000000% 0.000000% 1.639344% 1.415320% 0.000000% 0.000000% 0.000000% 1.415320% 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% 0.182149% 0.000000% 0.182149% 0.000000% 0.000000% 0.183669% 0.000000% 0.183669% 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 1.639344% 0.000000% 0.182149% 0.000000% 1.821494% 1.415320% 0.000000% 0.183669% 0.000000% 1.598989% 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 3 0 0 0 3 2,088,241.40 0.00 0.00 0.00 2,088,241.40 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 3 0 0 0 3 2,088,241.40 0.00 0.00 0.00 2,088,241.40 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.672646% 0.000000% 0.000000% 0.000000% 0.672646% 1.212471% 0.000000% 0.000000% 0.000000% 1.212471% 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 0.672646% 0.000000% 0.000000% 0.000000% 0.672646% 1.212471% 0.000000% 0.000000% 0.000000% 1.212471% 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 8 0 0 0 8 1,732,592.27 0.00 0.00 0.00 1,732,592.27 60 Days 1 0 0 0 1 322,700.00 0.00 0.00 0.00 322,700.00 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 2,055,292.27 0.00 0.00 0.00 2,055,292.27 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.912201% 0.000000% 0.000000% 0.000000% 0.912201% 0.560589% 0.000000% 0.000000% 0.000000% 0.560589% 60 Days 0.114025% 0.000000% 0.000000% 0.000000% 0.114025% 0.104411% 0.000000% 0.000000% 0.000000% 0.104411% 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 1.026226% 0.000000% 0.000000% 0.000000% 1.026226% 0.665001% 0.000000% 0.000000% 0.000000% 0.665001% 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 2 0 0 0 2 1,036,193.18 0.00 0.00 0.00 1,036,193.18 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2 0 0 0 2 1,036,193.18 0.00 0.00 0.00 1,036,193.18 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.063830% 0.000000% 0.000000% 0.000000% 1.063830% 1.481254% 0.000000% 0.000000% 0.000000% 1.481254% 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 1.063830% 0.000000% 0.000000% 0.000000% 1.063830% 1.481254% 0.000000% 0.000000% 0.000000% 1.481254%
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% 69,235,398.63 6.42844993% 0.728698% 0.000000% Class B1-II 35,225,605.13 2.98624140% 35,176,182.17 3.26607964% 3.162370% 0.000000% Class B2-I 31,876,605.13 2.70233080% 31,831,361.65 2.95551580% 0.310564% 0.000000% Class B2-II 23,120,605.13 1.96004321% 23,088,141.40 2.14371498% 0.811801% 0.000000% Class B-3 17,705,605.13 1.50098801% 17,680,744.62 1.64164262% 0.502072% 0.000000% Class B-4 9,450,605.13 0.80117256% 9,437,335.50 0.87624885% 0.765394% 0.000000% Class B-5 4,144,605.13 0.35135781% 4,138,785.67 0.38428285% 0.491966% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.384283% 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 0.03046558% Fraud 23,591,934.00 1.99999999% 23,591,934.00 2.19049171% Special Hazard 11,795,968.00 1.00000008% 10,770,154.00 0.99999996% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.339518% Weighted Average Net Coupon 5.081376% Weighted Average Pass-Through Rate 5.075876% Weighted Average Maturity(Stepdown Calculation ) 355 Beginning Scheduled Collateral Loan Count 3,069 Number Of Loans Paid In Full 94 Ending Scheduled Collateral Loan Count 2,975 Beginning Scheduled Collateral Balance 1,116,695,640.44 Ending Scheduled Collateral Balance 1,077,015,445.19 Ending Actual Collateral Balance at 30-Apr-2004 1,077,275,147.25 Monthly P &I Constant 5,363,037.23 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 1,077,015,445.19 Scheduled Principal 394,190.54 Unscheduled Principal 39,286,004.71
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 4.327183 3.825002 5.560487 Weighted Average Net Rate 4.076685 3.536268 5.310487 Weighted Average Maturity 355 350 355 Beginning Loan Count 572 65 576 Loans Paid In Full 12 4 27 Ending Loan Count 560 61 549 Beginning Scheduled Balance 220,985,452.47 21,971,809.97 200,126,321.90 Ending scheduled Balance 216,394,179.14 20,811,791.02 189,416,943.33 Record Date 04/30/2004 04/30/2004 04/30/2004 Principal And Interest Constant 844,799.86 98,095.73 1,005,693.16 Scheduled Principal 47,929.48 28,060.55 78,359.97 Unscheduled Principal 4,543,343.85 1,131,958.40 10,631,018.60 Scheduled Interest 796,870.38 70,035.18 927,333.19 Servicing Fees 46,130.30 5,286.68 41,692.92 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 1,012.84 100.72 917.23 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 749,727.24 64,647.78 884,723.04 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 4.071185 3.530767 5.304987
Group Level Collateral Statement Group 4 5 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.774069 5.740924 5.243883 Weighted Average Net Rate 5.524069 5.488294 4.990414 Weighted Average Maturity 355 355 355 Beginning Loan Count 453 912 300 Loans Paid In Full 7 35 6 Ending Loan Count 446 877 294 Beginning Scheduled Balance 175,390,039.96 324,589,099.66 102,140,465.59 Ending scheduled Balance 172,210,882.87 309,022,384.67 99,231,694.90 Record Date 04/30/2004 04/30/2004 04/30/2004 Principal And Interest Constant 871,722.32 1,622,137.03 547,135.44 Scheduled Principal 27,793.85 69,269.12 100,791.60 Unscheduled Principal 3,151,363.24 15,497,445.87 2,807,979.09 Scheduled Interest 843,928.47 1,552,867.91 446,343.84 Servicing Fees 36,539.63 68,334.11 21,574.52 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 803.96 1,487.67 468.14 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 806,584.88 1,483,046.13 424,301.18 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 5.518569 5.482794 4.984914
Group Level Collateral Statement Group 7 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 5.563682 5.339518 Weighted Average Net Rate 5.216846 5.081376 Weighted Average Maturity 354.00 355.00 Record Date 04/30/2004 04/30/2004 Principal And Interest Constant 373,453.69 5,363,037.23 Beginning Loan Count 191 3,069 Loans Paid In Full 3 94 Ending Loan Count 188 2,975 Beginning Scheduled Balance 71,492,450.89 1,116,695,640.44 Ending Scheduled Balance 69,927,569.26 1,077,015,445.19 Scheduled Principal 41,985.97 394,190.54 Unscheduled Principal 1,522,895.66 39,286,004.71 Scheduled Interest 331,467.72 4,968,846.69 Servicing Fee 20,663.49 240,221.65 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 327.65 5,118.21 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 310,476.58 4,723,506.83 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 5.211346 5.075876
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