-----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, SR21QKUK/zuOTCuDcrP7oUMx1sxWFLA4o+/VZipVTuDItdYe02oMDXfV1v4zTJJk W1vxtb44JXTWU5JIOfgQfw== 0001056404-05-001045.txt : 20050207 0001056404-05-001045.hdr.sgml : 20050207 20050207094937 ACCESSION NUMBER: 0001056404-05-001045 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040625 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: 05579128 BUSINESS ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 8-K/A 1 srm04001_10406.txt JUNE 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): June 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 June 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 shown 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 June 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 June 25, 2004 distribution. EX-99.1
Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Record Date: 5/31/2004 Distribution Date: 6/25/2004 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 4.07556% 0.00 0.00 0.00 1-A 86359BFY2 SEN 3.98015% 200,890,137.46 666,311.28 5,799,232.27 2-A 86359BFZ9 SEN 1.41000% 19,071,829.05 22,409.40 27,289.36 2-AX 86359BGA3 IO 2.08045% 0.00 33,064.92 0.00 3-A1 86359BGB1 SEN 5.28936% 35,076,512.53 154,610.35 1,804,304.79 3-A2 86359BGC9 SEN 4.13000% 96,600,715.50 332,467.46 4,969,055.39 3-A3 86359BGD7 SEN 4.65500% 43,845,640.66 170,084.55 2,255,380.98 3-AX 86359BGE5 IO 4.29000% 0.00 116,507.83 0.00 4-A1 86359BGF2 SEN 4.18000% 91,008,730.54 317,013.74 3,379,314.69 4-A2 86359BGG0 SEN 4.58000% 136,513,095.82 521,024.98 5,068,972.04 4-A3 86359BGH8 SEN 4.17000% 91,008,730.54 316,255.34 3,379,314.69 4-A4 86359BGJ4 SEN 4.13000% 126,301,006.16 434,685.96 4,689,779.13 4-A5 86359BGK1 SEN 4.50000% 2,275,218.26 8,532.07 84,482.87 4-AX 86359BGL9 IO 4.29000% 0.00 305,547.96 0.00 4-PAX 86359BGM7 IO 4.29000% 0.00 176,157.44 0.00 5-A 86359BGN5 SEN 3.88000% 92,343,767.16 298,578.18 1,243,860.28 5-AX 86359BGP0 IO 3.88000% 0.00 84,777.18 0.00 6-A 86359BGQ8 SEN 4.53000% 64,996,469.46 245,361.67 1,610,652.63 6-AX 86359BGR6 IO 4.53000% 0.00 36,754.87 0.00 B1-I 86359BGS4 SUB 1.80000% 7,848,193.40 11,772.29 2,982.69 B1X-I 86359BGT2 IO 2.13074% 0.00 13,935.39 0.00 B2-I 86359BGU9 SUB 2.50000% 3,344,820.52 6,968.38 1,271.19 B2X-I 86359BGV7 IO 1.43074% 0.00 3,987.98 0.00 B1-II 86359BGW5 SUB 1.75000% 34,059,216.46 51,325.35 12,698.10 B1X-II 86359BGX3 IO 2.77515% 0.00 81,391.61 0.00 B2-II 86359BGY1 SUB 4.67598% 8,743,220.25 34,069.30 3,259.68 B-3 86359BHA2 SUB 4.48067% 5,407,396.78 20,190.63 2,026.24 B-4 86359BHC8 SUB 4.48067% 8,243,409.12 30,779.99 3,088.95 B-5 86359BHD6 SUB 4.48067% 5,298,549.83 19,784.21 1,985.46 B-6 86359BHE4 SUB 4.48067% 4,138,785.67 15,453.77 1,550.87 P-1 SRM0401P1 SEN 0.00000% 0.00 11,469.04 0.00 P-2 SRM0401P2 SEN 0.00000% 0.00 15,729.85 0.00 P-3 SRM0401P3 SEN 0.00000% 0.00 73,729.57 0.00 C-X SRM0401CX SEN 0.00000% 0.00 0.00 0.00 Totals 1,077,015,445.17 4,630,732.54 34,340,502.30
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 0.00 195,090,905.19 6,465,543.55 0.00 2-A 0.00 19,044,539.69 49,698.76 0.00 2-AX 0.00 0.00 33,064.92 0.00 3-A1 0.00 33,272,207.74 1,958,915.14 0.00 3-A2 0.00 91,631,660.11 5,301,522.85 0.00 3-A3 0.00 41,590,259.67 2,425,465.53 0.00 3-AX 0.00 0.00 116,507.83 0.00 4-A1 0.00 87,629,415.85 3,696,328.43 0.00 4-A2 0.00 131,444,123.78 5,589,997.02 0.00 4-A3 0.00 87,629,415.85 3,695,570.03 0.00 4-A4 0.00 121,611,227.03 5,124,465.09 0.00 4-A5 0.00 2,190,735.40 93,014.94 0.00 4-AX 0.00 0.00 305,547.96 0.00 4-PAX 0.00 0.00 176,157.44 0.00 5-A 0.00 91,099,906.88 1,542,438.46 0.00 5-AX 0.00 0.00 84,777.18 0.00 6-A 0.00 63,385,816.84 1,856,014.30 0.00 6-AX 0.00 0.00 36,754.87 0.00 B1-I 0.00 7,845,210.71 14,754.98 0.00 B1X-I 0.00 0.00 13,935.39 0.00 B2-I 0.00 3,343,549.33 8,239.57 0.00 B2X-I 0.00 0.00 3,987.98 0.00 B1-II 0.00 34,046,518.37 64,023.45 0.00 B1X-II 0.00 0.00 81,391.61 0.00 B2-II 0.00 8,739,960.56 37,328.98 0.00 B-3 0.00 5,405,370.53 22,216.87 0.00 B-4 0.00 8,240,320.18 33,868.94 0.00 B-5 0.00 5,296,564.37 21,769.67 0.00 B-6 0.00 4,137,234.80 17,004.64 0.00 P-1 0.00 0.00 11,469.04 0.00 P-2 0.00 0.00 15,729.85 0.00 P-3 0.00 0.00 73,729.57 0.00 C-X 0.00 0.00 0.00 0.00 Totals 0.00 1,042,674,942.88 38,971,234.84 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 216,071,000.00 200,890,137.46 55,829.38 5,743,402.89 0.00 0.00 2-A 24,345,000.00 19,071,829.05 24,605.53 2,683.83 0.00 0.00 2-AX 0.00 0.00 0.00 0.00 0.00 0.00 3-A1 40,000,000.00 35,076,512.53 13,630.34 1,790,674.45 0.00 0.00 3-A2 110,160,000.00 96,600,715.50 37,537.95 4,931,517.43 0.00 0.00 3-A3 50,000,000.00 43,845,640.66 17,037.92 2,238,343.06 0.00 0.00 3-AX 0.00 0.00 0.00 0.00 0.00 0.00 4-A1 100,000,000.00 91,008,730.54 18,921.16 3,360,393.53 0.00 0.00 4-A2 150,000,000.00 136,513,095.82 28,381.74 5,040,590.29 0.00 0.00 4-A3 100,000,000.00 91,008,730.54 18,921.16 3,360,393.53 0.00 0.00 4-A4 138,779,000.00 126,301,006.16 26,258.60 4,663,520.53 0.00 0.00 4-A5 2,500,000.00 2,275,218.26 473.03 84,009.84 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 92,343,767.16 93,055.96 1,150,804.32 0.00 0.00 5-AX 0.00 0.00 0.00 0.00 0.00 0.00 6-A 71,083,000.00 64,996,469.46 37,887.82 1,572,764.81 0.00 0.00 6-AX 0.00 0.00 0.00 0.00 0.00 0.00 B1-I 7,858,000.00 7,848,193.40 2,982.69 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 3,344,820.52 1,271.19 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 34,059,216.46 12,698.10 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 8,743,220.25 3,259.68 0.00 0.00 0.00 B-3 5,415,000.00 5,407,396.78 2,026.24 0.00 0.00 0.00 B-4 8,255,000.00 8,243,409.12 3,088.95 0.00 0.00 0.00 B-5 5,306,000.00 5,298,549.83 1,985.46 0.00 0.00 0.00 B-6 4,144,605.13 4,138,785.67 1,550.87 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 1,077,015,445.17 401,403.77 33,939,098.51 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 5,799,232.27 195,090,905.19 0.90290185 5,799,232.27 2-A 27,289.36 19,044,539.69 0.78227725 27,289.36 2-AX 0.00 0.00 0.00000000 0.00 3-A1 1,804,304.79 33,272,207.74 0.83180519 1,804,304.79 3-A2 4,969,055.39 91,631,660.11 0.83180519 4,969,055.39 3-A3 2,255,380.98 41,590,259.67 0.83180519 2,255,380.98 3-AX 0.00 0.00 0.00000000 0.00 4-A1 3,379,314.69 87,629,415.85 0.87629416 3,379,314.69 4-A2 5,068,972.04 131,444,123.78 0.87629416 5,068,972.04 4-A3 3,379,314.69 87,629,415.85 0.87629416 3,379,314.69 4-A4 4,689,779.13 121,611,227.03 0.87629416 4,689,779.13 4-A5 84,482.87 2,190,735.40 0.87629416 84,482.87 4-AX 0.00 0.00 0.00000000 0.00 4-PAX 0.00 0.00 0.00000000 0.00 5-A 1,243,860.28 91,099,906.88 0.91588992 1,243,860.28 5-AX 0.00 0.00 0.00000000 0.00 6-A 1,610,652.63 63,385,816.84 0.89171556 1,610,652.63 6-AX 0.00 0.00 0.00000000 0.00 B1-I 2,982.69 7,845,210.71 0.99837245 2,982.69 B1X-I 0.00 0.00 0.00000000 0.00 B2-I 1,271.19 3,343,549.33 0.99837245 1,271.19 B2X-I 0.00 0.00 0.00000000 0.00 B1-II 12,698.10 34,046,518.37 0.99816818 12,698.10 B1X-II 0.00 0.00 0.00000000 0.00 B2-II 3,259.68 8,739,960.56 0.99816818 3,259.68 B-3 2,026.24 5,405,370.53 0.99822170 2,026.24 B-4 3,088.95 8,240,320.18 0.99822171 3,088.95 B-5 1,985.46 5,296,564.37 0.99822171 1,985.46 B-6 1,550.87 4,137,234.80 0.99822171 1,550.87 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 34,340,502.30 1,042,674,942.88 0.88392494 34,340,502.30
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 216,071,000.00 929.74132327 0.25838442 26.58109089 0.00000000 2-A 24,345,000.00 783.39819470 1.01070158 0.11024153 0.00000000 2-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 40,000,000.00 876.91281325 0.34075850 44.76686125 0.00000000 3-A2 110,160,000.00 876.91281318 0.34075844 44.76686120 0.00000000 3-A3 50,000,000.00 876.91281320 0.34075840 44.76686120 0.00000000 3-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 100,000,000.00 910.08730540 0.18921160 33.60393530 0.00000000 4-A2 150,000,000.00 910.08730547 0.18921160 33.60393527 0.00000000 4-A3 100,000,000.00 910.08730540 0.18921160 33.60393530 0.00000000 4-A4 138,779,000.00 910.08730543 0.18921162 33.60393525 0.00000000 4-A5 2,500,000.00 910.08730400 0.18921200 33.60393600 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 99,466,000.00 928.39530252 0.93555547 11.56982607 0.00000000 5-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 6-A 71,083,000.00 914.37431538 0.53300817 22.12575173 0.00000000 6-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 7,858,000.00 998.75202342 0.37957368 0.00000000 0.00000000 B1X-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2-I 3,349,000.00 998.75202150 0.37957301 0.00000000 0.00000000 B2X-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-II 34,109,000.00 998.54045736 0.37228004 0.00000000 0.00000000 B1X-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2-II 8,756,000.00 998.54045797 0.37227958 0.00000000 0.00000000 B-3 5,415,000.00 998.59589658 0.37419021 0.00000000 0.00000000 B-4 8,255,000.00 998.59589582 0.37419140 0.00000000 0.00000000 B-5 5,306,000.00 998.59589710 0.37419148 0.00000000 0.00000000 B-6 4,144,605.13 998.59589519 0.37419005 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 26.83947531 902.90184796 0.90290185 26.83947531 2-A 0.00000000 1.12094311 782.27725159 0.78227725 1.12094311 2-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 0.00000000 45.10761975 831.80519350 0.83180519 45.10761975 3-A2 0.00000000 45.10761973 831.80519345 0.83180519 45.10761973 3-A3 0.00000000 45.10761960 831.80519340 0.83180519 45.10761960 3-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 0.00000000 33.79314690 876.29415850 0.87629416 33.79314690 4-A2 0.00000000 33.79314693 876.29415853 0.87629416 33.79314693 4-A3 0.00000000 33.79314690 876.29415850 0.87629416 33.79314690 4-A4 0.00000000 33.79314687 876.29415855 0.87629416 33.79314687 4-A5 0.00000000 33.79314800 876.29416000 0.87629416 33.79314800 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 12.50538154 915.88992098 0.91588992 12.50538154 5-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 6-A 0.00000000 22.65875990 891.71555562 0.89171556 22.65875990 6-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 0.00000000 0.37957368 998.37244973 0.99837245 0.37957368 B1X-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2-I 0.00000000 0.37957301 998.37244849 0.99837245 0.37957301 B2X-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-II 0.00000000 0.37228004 998.16817761 0.99816818 0.37228004 B1X-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2-II 0.00000000 0.37227958 998.16817725 0.99816818 0.37227958 B-3 0.00000000 0.37419021 998.22170452 0.99822170 0.37419021 B-4 0.00000000 0.37419140 998.22170563 0.99822171 0.37419140 B-5 0.00000000 0.37419148 998.22170562 0.99822171 0.37419148 B-6 0.00000000 0.37419005 998.22170514 0.99822171 0.37419005 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 4.07556% 0.00 0.00 0.00 0.00 1-A 216,071,000.00 3.98015% 200,890,137.46 666,311.28 0.00 0.00 2-A 24,345,000.00 1.41000% 19,071,829.05 22,409.40 0.00 0.00 2-AX 0.00 2.08045% 19,071,829.05 33,064.92 0.00 0.00 3-A1 40,000,000.00 5.28936% 35,076,512.53 154,610.35 0.00 0.00 3-A2 110,160,000.00 4.13000% 96,600,715.50 332,467.46 0.00 0.00 3-A3 50,000,000.00 4.65500% 43,845,640.66 170,084.55 0.00 0.00 3-AX 0.00 4.29000% 32,589,603.80 116,507.83 0.00 0.00 4-A1 100,000,000.00 4.18000% 91,008,730.54 317,013.74 0.00 0.00 4-A2 150,000,000.00 4.58000% 136,513,095.82 521,024.98 0.00 0.00 4-A3 100,000,000.00 4.17000% 91,008,730.54 316,255.34 0.00 0.00 4-A4 138,779,000.00 4.13000% 126,301,006.16 434,685.96 0.00 0.00 4-A5 2,500,000.00 4.50000% 2,275,218.26 8,532.07 0.00 0.00 4-AX 0.00 4.29000% 85,467,960.32 305,547.96 0.00 0.00 4-PAX 0.00 4.29000% 49,274,809.76 176,157.44 0.00 0.00 5-A 99,466,000.00 3.88000% 92,343,767.16 298,578.18 0.00 0.00 5-AX 0.00 3.88000% 26,219,746.47 84,777.18 0.00 0.00 6-A 71,083,000.00 4.53000% 64,996,469.46 245,361.67 0.00 0.00 6-AX 0.00 4.53000% 9,736,390.40 36,754.87 0.00 0.00 B1-I 7,858,000.00 1.80000% 7,848,193.40 11,772.29 0.00 0.00 B1X-I 0.00 2.13074% 7,848,193.40 13,935.39 0.00 0.00 B2-I 3,349,000.00 2.50000% 3,344,820.52 6,968.38 0.00 0.00 B2X-I 0.00 1.43074% 3,344,820.52 3,987.98 0.00 0.00 B1-II 34,109,000.00 1.75000% 34,059,216.46 51,325.35 0.00 0.00 B1X-II 0.00 2.77515% 34,059,216.46 81,391.62 0.00 0.00 B2-II 8,756,000.00 4.67598% 8,743,220.25 34,069.30 0.00 0.00 B-3 5,415,000.00 4.48067% 5,407,396.78 20,190.63 0.00 0.00 B-4 8,255,000.00 4.48067% 8,243,409.12 30,779.99 0.00 0.00 B-5 5,306,000.00 4.48067% 5,298,549.83 19,784.21 0.00 0.00 B-6 4,144,605.13 4.48067% 4,138,785.67 15,453.77 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 4,529,804.09 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 0.00 666,311.28 0.00 195,090,905.19 2-A 0.00 0.00 22,409.40 0.00 19,044,539.69 2-AX 0.00 0.00 33,064.92 0.00 19,044,539.69 3-A1 0.00 0.00 154,610.35 0.00 33,272,207.74 3-A2 0.00 0.00 332,467.46 0.00 91,631,660.11 3-A3 0.00 0.00 170,084.55 0.00 41,590,259.67 3-AX 0.00 0.00 116,507.83 0.00 30,401,687.09 4-A1 0.00 0.00 317,013.74 0.00 87,629,415.85 4-A2 0.00 0.00 521,024.98 0.00 131,444,123.78 4-A3 0.00 0.00 316,255.34 0.00 87,629,415.85 4-A4 0.00 0.00 434,685.96 0.00 121,611,227.03 4-A5 0.00 0.00 8,532.07 0.00 2,190,735.40 4-AX 0.00 0.00 305,547.96 0.00 81,475,878.82 4-PAX 0.00 0.00 176,157.44 0.00 47,724,504.19 5-A 0.00 0.00 298,578.18 0.00 91,099,906.88 5-AX 0.00 0.00 84,777.18 0.00 25,836,495.58 6-A 0.00 0.00 245,361.67 0.00 63,385,816.84 6-AX 0.00 0.00 36,754.87 0.00 9,451,761.39 B1-I 0.00 0.00 11,772.29 0.00 7,845,210.71 B1X-I 0.00 0.00 13,935.39 0.00 7,845,210.71 B2-I 0.00 0.00 6,968.38 0.00 3,343,549.33 B2X-I 0.00 0.00 3,987.98 0.00 3,343,549.33 B1-II 0.00 0.00 51,325.35 0.00 34,046,518.37 B1X-II 0.00 0.00 81,391.61 0.00 34,046,518.37 B2-II 0.00 0.00 34,069.30 0.00 8,739,960.56 B-3 0.00 0.00 20,190.63 0.00 5,405,370.53 B-4 0.00 0.00 30,779.99 0.00 8,240,320.18 B-5 0.00 0.00 19,784.21 0.00 5,296,564.37 B-6 0.00 0.00 15,453.77 0.00 4,137,234.80 P-1 0.00 0.00 11,469.04 0.00 0.00 P-2 0.00 0.00 15,729.85 0.00 0.00 P-3 0.00 0.00 73,729.57 0.00 0.00 C-X 0.00 0.00 0.00 0.00 0.00 Totals 0.01 0.00 4,630,732.54 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 4.07556% 0.00000000 0.00000000 0.00000000 0.00000000 1-A 216,071,000.00 3.98015% 929.74132327 3.08376080 0.00000000 0.00000000 2-A 24,345,000.00 1.41000% 783.39819470 0.92049291 0.00000000 0.00000000 2-AX 0.00 2.08045% 783.39819470 1.35818115 0.00000000 0.00000000 3-A1 40,000,000.00 5.28936% 876.91281325 3.86525875 0.00000000 0.00000000 3-A2 110,160,000.00 4.13000% 876.91281318 3.01804158 0.00000000 0.00000000 3-A3 50,000,000.00 4.65500% 876.91281320 3.40169100 0.00000000 0.00000000 3-AX 0.00 4.29000% 851.64007297 3.04461317 0.00000000 0.00000000 4-A1 100,000,000.00 4.18000% 910.08730540 3.17013740 0.00000000 0.00000000 4-A2 150,000,000.00 4.58000% 910.08730547 3.47349987 0.00000000 0.00000000 4-A3 100,000,000.00 4.17000% 910.08730540 3.16255340 0.00000000 0.00000000 4-A4 138,779,000.00 4.13000% 910.08730543 3.13221712 0.00000000 0.00000000 4-A5 2,500,000.00 4.50000% 910.08730400 3.41282800 0.00000000 0.00000000 4-AX 0.00 4.29000% 868.59274913 3.10521910 0.00000000 0.00000000 4-PAX 0.00 4.29000% 959.76834231 3.43117173 0.00000000 0.00000000 5-A 99,466,000.00 3.88000% 928.39530252 3.00181147 0.00000000 0.00000000 5-AX 0.00 3.88000% 921.27770764 2.97879791 0.00000000 0.00000000 6-A 71,083,000.00 4.53000% 914.37431538 3.45176301 0.00000000 0.00000000 6-AX 0.00 4.53000% 896.76832383 3.38530008 0.00000000 0.00000000 B1-I 7,858,000.00 1.80000% 998.75202342 1.49812802 0.00000000 0.00000000 B1X-I 0.00 2.13074% 998.75202342 1.77340163 0.00000000 0.00000000 B2-I 3,349,000.00 2.50000% 998.75202150 2.08073455 0.00000000 0.00000000 B2X-I 0.00 1.43074% 998.75202150 1.19079725 0.00000000 0.00000000 B1-II 34,109,000.00 1.75000% 998.54045736 1.50474508 0.00000000 0.00000000 B1X-II 0.00 2.77515% 998.54045736 2.38622123 0.00000000 0.00000000 B2-II 8,756,000.00 4.67598% 998.54045797 3.89096619 0.00000000 0.00000000 B-3 5,415,000.00 4.48067% 998.59589658 3.72864820 0.00000000 0.00000000 B-4 8,255,000.00 4.48067% 998.59589582 3.72864809 0.00000000 0.00000000 B-5 5,306,000.00 4.48067% 998.59589710 3.72864870 0.00000000 0.00000000 B-6 4,144,605.13 4.48067% 998.59589519 3.72864712 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 3.08376080 0.00000000 902.90184796 2-A 0.00000000 0.00000000 0.92049291 0.00000000 782.27725159 2-AX 0.00000000 0.00000000 1.35818115 0.00000000 782.27725159 3-A1 0.00000000 0.00000000 3.86525875 0.00000000 831.80519350 3-A2 0.00000000 0.00000000 3.01804158 0.00000000 831.80519345 3-A3 0.00000000 0.00000000 3.40169100 0.00000000 831.80519340 3-AX 0.00000000 0.00000000 3.04461317 0.00000000 794.46485973 4-A1 0.00000000 0.00000000 3.17013740 0.00000000 876.29415850 4-A2 0.00000000 0.00000000 3.47349987 0.00000000 876.29415853 4-A3 0.00000000 0.00000000 3.16255340 0.00000000 876.29415850 4-A4 0.00000000 0.00000000 3.13221712 0.00000000 876.29415855 4-A5 0.00000000 0.00000000 3.41282800 0.00000000 876.29416000 4-AX 0.00000000 0.00000000 3.10521910 0.00000000 828.02207175 4-PAX 0.00000000 0.00000000 3.43117173 0.00000000 929.57169184 5-A 0.00000000 0.00000000 3.00181147 0.00000000 915.88992098 5-AX 0.00000000 0.00000000 2.97879791 0.00000000 907.81150187 6-A 0.00000000 0.00000000 3.45176301 0.00000000 891.71555562 6-AX 0.00000000 0.00000000 3.38530008 0.00000000 870.55262481 B1-I 0.00000000 0.00000000 1.49812802 0.00000000 998.37244973 B1X-I 0.00000000 0.00000000 1.77340163 0.00000000 998.37244973 B2-I 0.00000000 0.00000000 2.08073455 0.00000000 998.37244849 B2X-I 0.00000000 0.00000000 1.19079725 0.00000000 998.37244849 B1-II 0.00000000 0.00000000 1.50474508 0.00000000 998.16817761 B1X-II 0.00000000 0.00000000 2.38622094 0.00000000 998.16817761 B2-II 0.00000000 0.00000000 3.89096619 0.00000000 998.16817725 B-3 0.00000000 0.00000000 3.72864820 0.00000000 998.22170452 B-4 0.00000000 0.00000000 3.72864809 0.00000000 998.22170563 B-5 0.00000000 0.00000000 3.72864870 0.00000000 998.22170562 B-6 0.00000000 0.00000000 3.72864712 0.00000000 998.22170514 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 39,207,972.27 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 39,207,972.27 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 236,737.43 Payment of Interest and Principal 38,971,234.84 Total Withdrawals (Pool Distribution Amount) 39,207,972.27 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 231,801.11 Wells Fargo Bank, N.A. 4,936.32 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 236,737.43
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 38 0 0 0 38 13,608,318.57 0.00 0.00 0.00 13,608,318.57 60 Days 8 0 0 0 8 3,991,537.65 0.00 0.00 0.00 3,991,537.65 90 Days 2 0 0 0 2 921,201.74 0.00 0.00 0.00 921,201.74 120 Days 1 0 0 0 1 129,200.00 0.00 0.00 0.00 129,200.00 150 Days 0 0 1 0 1 0.00 0.00 348,000.00 0.00 348,000.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 49 0 1 0 50 18,650,257.96 0.00 348,000.00 0.00 18,998,257.96 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 1.317158% 0.000000% 0.000000% 0.000000% 1.317158% 1.304781% 0.000000% 0.000000% 0.000000% 1.304781% 60 Days 0.277296% 0.000000% 0.000000% 0.000000% 0.277296% 0.382713% 0.000000% 0.000000% 0.000000% 0.382713% 90 Days 0.069324% 0.000000% 0.000000% 0.000000% 0.069324% 0.088326% 0.000000% 0.000000% 0.000000% 0.088326% 120 Days 0.034662% 0.000000% 0.000000% 0.000000% 0.034662% 0.012388% 0.000000% 0.000000% 0.000000% 0.012388% 150 Days 0.000000% 0.000000% 0.034662% 0.000000% 0.034662% 0.000000% 0.000000% 0.033367% 0.000000% 0.033367% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.698440% 0.000000% 0.034662% 0.000000% 1.733102% 1.788208% 0.000000% 0.033367% 0.000000% 1.821575%
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 6 0 0 0 6 2,302,838.53 0.00 0.00 0.00 2,302,838.53 60 Days 2 0 0 0 2 2,165,400.00 0.00 0.00 0.00 2,165,400.00 90 Days 1 0 0 0 1 459,000.00 0.00 0.00 0.00 459,000.00 120 Days 1 0 0 0 1 129,200.00 0.00 0.00 0.00 129,200.00 150 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 5,056,438.53 0.00 0.00 0.00 5,056,438.53 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.098901% 0.000000% 0.000000% 0.000000% 1.098901% 1.093368% 0.000000% 0.000000% 0.000000% 1.093368% 60 Days 0.366300% 0.000000% 0.000000% 0.000000% 0.366300% 1.028113% 0.000000% 0.000000% 0.000000% 1.028113% 90 Days 0.183150% 0.000000% 0.000000% 0.000000% 0.183150% 0.217929% 0.000000% 0.000000% 0.000000% 0.217929% 120 Days 0.183150% 0.000000% 0.000000% 0.000000% 0.183150% 0.061343% 0.000000% 0.000000% 0.000000% 0.061343% 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 1.831502% 0.000000% 0.000000% 0.000000% 1.831502% 2.400753% 0.000000% 0.000000% 0.000000% 2.400753% 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 2 0 0 0 2 629,916.28 0.00 0.00 0.00 629,916.28 60 Days 1 0 0 0 1 125,373.87 0.00 0.00 0.00 125,373.87 90 Days 1 0 0 0 1 462,201.74 0.00 0.00 0.00 462,201.74 120 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 4 0 0 0 4 1,217,491.89 0.00 0.00 0.00 1,217,491.89 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.278689% 0.000000% 0.000000% 0.000000% 3.278689% 3.027605% 0.000000% 0.000000% 0.000000% 3.027605% 60 Days 1.639344% 0.000000% 0.000000% 0.000000% 1.639344% 0.602592% 0.000000% 0.000000% 0.000000% 0.602592% 90 Days 1.639344% 0.000000% 0.000000% 0.000000% 1.639344% 2.221509% 0.000000% 0.000000% 0.000000% 2.221509% 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 6.557377% 0.000000% 0.000000% 0.000000% 6.557377% 5.851706% 0.000000% 0.000000% 0.000000% 5.851706% 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 11 0 0 0 11 3,618,611.39 0.00 0.00 0.00 3,618,611.39 60 Days 1 0 0 0 1 85,927.00 0.00 0.00 0.00 85,927.00 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 1 0 1 0.00 0.00 348,000.00 0.00 348,000.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 12 0 1 0 13 3,704,538.39 0.00 348,000.00 0.00 4,052,538.39 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.099237% 0.000000% 0.000000% 0.000000% 2.099237% 2.005441% 0.000000% 0.000000% 0.000000% 2.005441% 60 Days 0.190840% 0.000000% 0.000000% 0.000000% 0.190840% 0.047621% 0.000000% 0.000000% 0.000000% 0.047621% 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% 0.190840% 0.000000% 0.190840% 0.000000% 0.000000% 0.192862% 0.000000% 0.192862% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.290076% 0.000000% 0.190840% 0.000000% 2.480916% 2.053062% 0.000000% 0.192862% 0.000000% 2.245924% 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 7 0 0 0 7 2,198,762.91 0.00 0.00 0.00 2,198,762.91 60 Days 2 0 0 0 2 1,375,600.00 0.00 0.00 0.00 1,375,600.00 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 3,574,362.91 0.00 0.00 0.00 3,574,362.91 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.616628% 0.000000% 0.000000% 0.000000% 1.616628% 1.312102% 0.000000% 0.000000% 0.000000% 1.312102% 60 Days 0.461894% 0.000000% 0.000000% 0.000000% 0.461894% 0.820883% 0.000000% 0.000000% 0.000000% 0.820883% 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 2.078522% 0.000000% 0.000000% 0.000000% 2.078522% 2.132986% 0.000000% 0.000000% 0.000000% 2.132986% 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 3,865,604.11 0.00 0.00 0.00 3,865,604.11 60 Days 2 0 0 0 2 239,236.78 0.00 0.00 0.00 239,236.78 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 11 0 0 0 11 4,104,840.89 0.00 0.00 0.00 4,104,840.89 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.062574% 0.000000% 0.000000% 0.000000% 1.062574% 1.301021% 0.000000% 0.000000% 0.000000% 1.301021% 60 Days 0.236128% 0.000000% 0.000000% 0.000000% 0.236128% 0.080518% 0.000000% 0.000000% 0.000000% 0.080518% 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 1.298701% 0.000000% 0.000000% 0.000000% 1.298701% 1.381540% 0.000000% 0.000000% 0.000000% 1.381540% 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 2 0 0 0 2 669,953.58 0.00 0.00 0.00 669,953.58 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 2 669,953.58 0.00 0.00 0.00 669,953.58 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.689655% 0.000000% 0.000000% 0.000000% 0.689655% 0.683252% 0.000000% 0.000000% 0.000000% 0.683252% 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 0.689655% 0.000000% 0.000000% 0.000000% 0.689655% 0.683252% 0.000000% 0.000000% 0.000000% 0.683252% 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 1 0 0 0 1 322,631.77 0.00 0.00 0.00 322,631.77 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 0 0 1 322,631.77 0.00 0.00 0.00 322,631.77 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.543478% 0.000000% 0.000000% 0.000000% 0.543478% 0.472074% 0.000000% 0.000000% 0.000000% 0.472074% 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 0.543478% 0.000000% 0.000000% 0.000000% 0.543478% 0.472074% 0.000000% 0.000000% 0.000000% 0.472074%
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% 69,209,518.14 6.63768882% 0.752412% 0.000000% Class B1-II 35,225,605.13 2.98624140% 35,162,999.77 3.37238370% 3.265305% 0.000000% Class B2-I 31,876,605.13 2.70233080% 31,819,450.44 3.05171335% 0.320670% 0.000000% Class B2-II 23,120,605.13 1.96004321% 23,079,489.88 2.21348849% 0.838225% 0.000000% Class B-3 17,705,605.13 1.50098801% 17,674,119.35 1.69507472% 0.518414% 0.000000% Class B-4 9,450,605.13 0.80117256% 9,433,799.17 0.90476895% 0.790306% 0.000000% Class B-5 4,144,605.13 0.35135781% 4,137,234.80 0.39679047% 0.507978% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.396790% 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% 358,119.00 0.03434618% Fraud 23,591,934.00 1.99999999% 23,591,934.00 2.26263556% Special Hazard 11,795,968.00 1.00000008% 10,426,749.43 1.00000000% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.310833% Weighted Average Net Coupon 5.052563% Weighted Average Pass-Through Rate 5.047063% Weighted Average Maturity(Stepdown Calculation ) 354 Beginning Scheduled Collateral Loan Count 2,975 Number Of Loans Paid In Full 90 Ending Scheduled Collateral Loan Count 2,885 Beginning Scheduled Collateral Balance 1,077,015,445.19 Ending Scheduled Collateral Balance 1,042,674,942.90 Ending Actual Collateral Balance at 31-May-2004 1,042,957,702.71 Monthly P &I Constant 5,167,944.64 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 1,042,674,942.90 Scheduled Principal 401,403.78 Unscheduled Principal 33,939,098.51
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 4.236162 3.782117 5.544863 Weighted Average Net Rate 3.985653 3.495946 5.294863 Weighted Average Maturity 354 349 354 Beginning Loan Count 560 61 549 Loans Paid In Full 14 0 25 Ending Loan Count 546 61 524 Beginning Scheduled Balance 216,394,179.14 20,811,791.02 189,416,943.33 Ending scheduled Balance 210,590,638.14 20,782,256.85 180,382,803.09 Record Date 05/31/2004 05/31/2004 05/31/2004 Principal And Interest Constant 824,038.71 92,444.19 948,847.86 Scheduled Principal 60,138.11 26,850.34 73,605.30 Unscheduled Principal 5,743,402.89 2,683.83 8,960,534.94 Scheduled Interest 763,900.60 65,593.85 875,242.56 Servicing Fees 45,173.80 4,963.11 39,461.89 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 991.80 95.37 868.17 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 717,735.00 60,535.37 834,912.50 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 3.980153 3.490446 5.289363
Group Level Collateral Statement Group 4 5 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.770599 5.732369 5.240739 Weighted Average Net Rate 5.520599 5.479607 4.987173 Weighted Average Maturity 354 354 354 Beginning Loan Count 446 877 294 Loans Paid In Full 13 30 4 Ending Loan Count 433 847 290 Beginning Scheduled Balance 172,210,882.87 309,022,384.67 99,231,694.90 Ending scheduled Balance 167,555,645.18 297,068,663.88 97,980,893.57 Record Date 05/31/2004 05/31/2004 05/31/2004 Principal And Interest Constant 856,126.50 1,548,249.63 533,369.89 Scheduled Principal 27,993.17 72,057.59 99,997.01 Unscheduled Principal 4,627,244.52 11,881,663.20 1,150,804.32 Scheduled Interest 828,133.33 1,476,192.04 433,372.88 Servicing Fees 35,877.28 65,090.97 20,968.18 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 789.34 1,416.30 454.81 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 791,466.71 1,409,684.77 411,949.89 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 5.515099 5.474107 4.981673
Group Level Collateral Statement Group 7 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 5.561851 5.310833 Weighted Average Net Rate 5.214089 5.052563 Weighted Average Maturity 353.00 354.00 Record Date 05/31/2004 05/31/2004 Principal And Interest Constant 364,867.86 5,167,944.64 Beginning Loan Count 188 2,975 Loans Paid In Full 4 90 Ending Loan Count 184 2,885 Beginning Scheduled Balance 69,927,569.26 1,077,015,445.19 Ending Scheduled Balance 68,314,042.19 1,042,674,942.90 Scheduled Principal 40,762.26 401,403.78 Unscheduled Principal 1,572,764.81 33,939,098.51 Scheduled Interest 324,105.60 4,766,540.86 Servicing Fee 20,265.12 231,800.35 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 320.46 4,936.25 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 303,520.02 4,529,804.26 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 5.208588 5.047063
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