-----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, ADAatdlmQ9z0+1slARLlDUsM6iae5KFoEcdP/r0NwaSnKxhrbSMz33LtLqiRsvvZ TXjrnI5bS5Q0vtRRizUdDw== 0001056404-05-001047.txt : 20050207 0001056404-05-001047.hdr.sgml : 20050207 20050207095025 ACCESSION NUMBER: 0001056404-05-001047 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040825 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: 05579131 BUSINESS ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 8-K/A 1 srm04001_10408.txt AUGUST 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): August 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 August 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 in 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 August 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 August 25, 2004 distribution. EX-99.1
Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Record Date: 7/31/2004 Distribution Date: 8/25/2004 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 3.63325% 0.00 0.00 0.00 1-A 86359BFY2 SEN 3.83407% 188,527,332.88 602,356.25 7,257,691.18 2-A 86359BFZ9 SEN 1.76000% 17,458,926.16 25,606.42 941,107.79 2-AX 86359BGA3 IO 1.80811% 0.00 26,306.37 0.00 3-A1 86359BGB1 SEN 5.25898% 31,236,381.87 136,892.79 1,551,257.01 3-A2 86359BGC9 SEN 4.13000% 86,024,995.68 296,069.36 4,272,161.81 3-A3 86359BGD7 SEN 4.65500% 39,045,477.34 151,463.91 1,939,071.26 3-AX 86359BGE5 IO 4.29000% 0.00 100,585.45 0.00 4-A1 86359BGF2 SEN 4.18000% 85,145,832.07 296,591.31 2,781,437.78 4-A2 86359BGG0 SEN 4.58000% 127,718,748.10 487,459.89 4,172,156.67 4-A3 86359BGH8 SEN 4.17000% 85,145,832.07 295,881.76 2,781,437.78 4-A4 86359BGJ4 SEN 4.13000% 118,164,534.28 406,682.94 3,860,051.54 4-A5 86359BGK1 SEN 4.50000% 2,128,645.80 7,982.42 69,535.94 4-AX 86359BGL9 IO 4.29000% 0.00 278,106.29 0.00 4-PAX 86359BGM7 IO 4.29000% 0.00 169,184.10 0.00 5-A 86359BGN5 SEN 3.88000% 87,895,094.48 284,194.14 2,639,995.27 5-AX 86359BGP0 IO 3.88000% 0.00 80,597.12 0.00 6-A 86359BGQ8 SEN 4.53000% 62,278,115.63 235,099.88 1,408,712.78 6-AX 86359BGR6 IO 4.53000% 0.00 34,669.73 0.00 B1-I 86359BGS4 SUB 2.15000% 7,841,718.79 14,049.75 3,010.37 B1X-I 86359BGT2 IO 1.65728% 0.00 10,829.95 0.00 B2-I 86359BGU9 SUB 2.85000% 3,342,061.11 7,937.40 1,282.99 B2X-I 86359BGV7 IO 0.95728% 0.00 2,666.08 0.00 B1-II 86359BGW5 SUB 2.10000% 34,033,710.67 59,558.99 12,801.48 B1X-II 86359BGX3 IO 2.56777% 0.00 72,825.49 0.00 B2-II 86359BGY1 SUB 4.66777% 8,736,672.74 33,983.95 3,286.22 B-3 86359BHA2 SUB 4.44226% 5,403,239.49 20,002.17 2,043.35 B-4 86359BHC8 SUB 4.44226% 8,237,071.47 30,492.68 3,115.03 B-5 86359BHD6 SUB 4.44226% 5,294,476.22 19,599.54 2,002.22 B-6 86359BHE4 SUB 4.44226% 4,135,603.72 15,309.53 1,563.97 P-1 SRM0401P1 SEN 0.00000% 0.00 15,653.12 0.00 P-2 SRM0401P2 SEN 0.00000% 0.00 32,038.27 0.00 P-3 SRM0401P3 SEN 0.00000% 0.00 12,187.49 0.00 C-X SRM0401CX SEN 0.00000% 0.00 0.00 0.00 Totals 1,007,794,470.57 4,262,864.54 33,703,722.44
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 0.00 181,269,641.69 7,860,047.43 0.00 2-A 0.00 16,517,818.37 966,714.21 0.00 2-AX 0.00 0.00 26,306.37 0.00 3-A1 0.00 29,685,124.86 1,688,149.80 0.00 3-A2 0.00 81,752,833.88 4,568,231.17 0.00 3-A3 0.00 37,106,406.08 2,090,535.17 0.00 3-AX 0.00 0.00 100,585.45 0.00 4-A1 0.00 82,364,394.28 3,078,029.09 0.00 4-A2 0.00 123,546,591.43 4,659,616.56 0.00 4-A3 0.00 82,364,394.28 3,077,319.54 0.00 4-A4 0.00 114,304,482.74 4,266,734.48 0.00 4-A5 0.00 2,059,109.86 77,518.36 0.00 4-AX 0.00 0.00 278,106.29 0.00 4-PAX 0.00 0.00 169,184.10 0.00 5-A 0.00 85,255,099.21 2,924,189.41 0.00 5-AX 0.00 0.00 80,597.12 0.00 6-A 0.00 60,869,402.85 1,643,812.66 0.00 6-AX 0.00 0.00 34,669.73 0.00 B1-I 0.00 7,838,708.42 17,060.12 0.00 B1X-I 0.00 0.00 10,829.95 0.00 B2-I 0.00 3,340,778.12 9,220.39 0.00 B2X-I 0.00 0.00 2,666.08 0.00 B1-II 0.00 34,020,909.19 72,360.47 0.00 B1X-II 0.00 0.00 72,825.49 0.00 B2-II 0.00 8,733,386.52 37,270.17 0.00 B-3 0.00 5,401,196.14 22,045.52 0.00 B-4 0.00 8,233,956.44 33,607.71 0.00 B-5 0.00 5,292,474.00 21,601.76 0.00 B-6 0.00 4,134,039.75 16,873.50 0.00 P-1 0.00 0.00 15,653.12 0.00 P-2 0.00 0.00 32,038.27 0.00 P-3 0.00 0.00 12,187.49 0.00 C-X 0.00 0.00 0.00 0.00 Totals 0.00 974,090,748.11 37,966,586.98 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 216,071,000.00 188,527,332.88 56,405.42 7,201,285.76 0.00 0.00 2-A 24,345,000.00 17,458,926.16 19,904.46 921,203.33 0.00 0.00 2-AX 0.00 0.00 0.00 0.00 0.00 0.00 3-A1 40,000,000.00 31,236,381.87 12,459.37 1,538,797.64 0.00 0.00 3-A2 110,160,000.00 86,024,995.68 34,313.10 4,237,848.71 0.00 0.00 3-A3 50,000,000.00 39,045,477.34 15,574.21 1,923,497.05 0.00 0.00 3-AX 0.00 0.00 0.00 0.00 0.00 0.00 4-A1 100,000,000.00 85,145,832.07 17,569.37 2,763,868.41 0.00 0.00 4-A2 150,000,000.00 127,718,748.10 26,354.06 4,145,802.62 0.00 0.00 4-A3 100,000,000.00 85,145,832.07 17,569.37 2,763,868.41 0.00 0.00 4-A4 138,779,000.00 118,164,534.28 24,382.60 3,835,668.94 0.00 0.00 4-A5 2,500,000.00 2,128,645.80 439.23 69,096.71 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 87,895,094.48 89,763.49 2,550,231.78 0.00 0.00 5-AX 0.00 0.00 0.00 0.00 0.00 0.00 6-A 71,083,000.00 62,278,115.63 36,601.03 1,372,111.75 0.00 0.00 6-AX 0.00 0.00 0.00 0.00 0.00 0.00 B1-I 7,858,000.00 7,841,718.79 3,010.37 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 3,342,061.11 1,282.99 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 34,033,710.67 12,801.48 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 8,736,672.74 3,286.22 0.00 0.00 0.00 B-3 5,415,000.00 5,403,239.49 2,043.35 0.00 0.00 0.00 B-4 8,255,000.00 8,237,071.47 3,115.03 0.00 0.00 0.00 B-5 5,306,000.00 5,294,476.22 2,002.22 0.00 0.00 0.00 B-6 4,144,605.13 4,135,603.72 1,563.97 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 1,007,794,470.57 380,441.34 33,323,281.11 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 7,257,691.18 181,269,641.69 0.83893554 7,257,691.18 2-A 941,107.79 16,517,818.37 0.67848915 941,107.79 2-AX 0.00 0.00 0.00000000 0.00 3-A1 1,551,257.01 29,685,124.86 0.74212812 1,551,257.01 3-A2 4,272,161.81 81,752,833.88 0.74212812 4,272,161.81 3-A3 1,939,071.26 37,106,406.08 0.74212812 1,939,071.26 3-AX 0.00 0.00 0.00000000 0.00 4-A1 2,781,437.78 82,364,394.28 0.82364394 2,781,437.78 4-A2 4,172,156.67 123,546,591.43 0.82364394 4,172,156.67 4-A3 2,781,437.78 82,364,394.28 0.82364394 2,781,437.78 4-A4 3,860,051.54 114,304,482.74 0.82364394 3,860,051.54 4-A5 69,535.94 2,059,109.86 0.82364394 69,535.94 4-AX 0.00 0.00 0.00000000 0.00 4-PAX 0.00 0.00 0.00000000 0.00 5-A 2,639,995.27 85,255,099.21 0.85712806 2,639,995.27 5-AX 0.00 0.00 0.00000000 0.00 6-A 1,408,712.78 60,869,402.85 0.85631449 1,408,712.78 6-AX 0.00 0.00 0.00000000 0.00 B1-I 3,010.37 7,838,708.42 0.99754498 3,010.37 B1X-I 0.00 0.00 0.00000000 0.00 B2-I 1,282.99 3,340,778.12 0.99754497 1,282.99 B2X-I 0.00 0.00 0.00000000 0.00 B1-II 12,801.48 34,020,909.19 0.99741737 12,801.48 B1X-II 0.00 0.00 0.00000000 0.00 B2-II 3,286.22 8,733,386.52 0.99741737 3,286.22 B-3 2,043.35 5,401,196.14 0.99745081 2,043.35 B-4 3,115.03 8,233,956.44 0.99745081 3,115.03 B-5 2,002.22 5,292,474.00 0.99745081 2,002.22 B-6 1,563.97 4,134,039.75 0.99745081 1,563.97 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 33,703,722.44 974,090,748.11 0.82578287 33,703,722.44
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 216,071,000.00 872.52492412 0.26105040 33.32833078 0.00000000 2-A 24,345,000.00 717.14627891 0.81759951 37.83952886 0.00000000 2-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 40,000,000.00 780.90954675 0.31148425 38.46994100 0.00000000 3-A2 110,160,000.00 780.90954684 0.31148420 38.46994109 0.00000000 3-A3 50,000,000.00 780.90954680 0.31148420 38.46994100 0.00000000 3-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 100,000,000.00 851.45832070 0.17569370 27.63868410 0.00000000 4-A2 150,000,000.00 851.45832067 0.17569373 27.63868413 0.00000000 4-A3 100,000,000.00 851.45832070 0.17569370 27.63868410 0.00000000 4-A4 138,779,000.00 851.45832064 0.17569373 27.63868409 0.00000000 4-A5 2,500,000.00 851.45832000 0.17569200 27.63868400 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 99,466,000.00 883.66974122 0.90245400 25.63923130 0.00000000 5-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 6-A 71,083,000.00 876.13234712 0.51490553 19.30295218 0.00000000 6-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 7,858,000.00 997.92807203 0.38309621 0.00000000 0.00000000 B1X-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2-I 3,349,000.00 997.92807107 0.38309645 0.00000000 0.00000000 B2X-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-II 34,109,000.00 997.79268434 0.37531092 0.00000000 0.00000000 B1X-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2-II 8,756,000.00 997.79268387 0.37531064 0.00000000 0.00000000 B-3 5,415,000.00 997.82816066 0.37734995 0.00000000 0.00000000 B-4 8,255,000.00 997.82816111 0.37735070 0.00000000 0.00000000 B-5 5,306,000.00 997.82816057 0.37735017 0.00000000 0.00000000 B-6 4,144,605.13 997.82816222 0.37735079 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 33.58938118 838.93554290 0.83893554 33.58938118 2-A 0.00000000 38.65712836 678.48915054 0.67848915 38.65712836 2-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 0.00000000 38.78142525 742.12812150 0.74212812 38.78142525 3-A2 0.00000000 38.78142529 742.12812164 0.74212812 38.78142529 3-A3 0.00000000 38.78142520 742.12812160 0.74212812 38.78142520 3-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 0.00000000 27.81437780 823.64394280 0.82364394 27.81437780 4-A2 0.00000000 27.81437780 823.64394287 0.82364394 27.81437780 4-A3 0.00000000 27.81437780 823.64394280 0.82364394 27.81437780 4-A4 0.00000000 27.81437782 823.64394282 0.82364394 27.81437782 4-A5 0.00000000 27.81437600 823.64394400 0.82364394 27.81437600 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 26.54168530 857.12805592 0.85712806 26.54168530 5-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 6-A 0.00000000 19.81785772 856.31448940 0.85631449 19.81785772 6-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 0.00000000 0.38309621 997.54497582 0.99754498 0.38309621 B1X-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2-I 0.00000000 0.38309645 997.54497462 0.99754497 0.38309645 B2X-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-II 0.00000000 0.37531092 997.41737342 0.99741737 0.37531092 B1X-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2-II 0.00000000 0.37531064 997.41737323 0.99741737 0.37531064 B-3 0.00000000 0.37734995 997.45081071 0.99745081 0.37734995 B-4 0.00000000 0.37735070 997.45081042 0.99745081 0.37735070 B-5 0.00000000 0.37735017 997.45081040 0.99745081 0.37735017 B-6 0.00000000 0.37735079 997.45081144 0.99745081 0.37735079 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 3.63325% 0.00 0.00 0.00 0.00 1-A 216,071,000.00 3.83407% 188,527,332.88 602,356.25 0.00 0.00 2-A 24,345,000.00 1.76000% 17,458,926.16 25,606.43 0.00 0.00 2-AX 0.00 1.80811% 17,458,926.16 26,306.37 0.00 0.00 3-A1 40,000,000.00 5.25898% 31,236,381.87 136,892.79 0.00 0.00 3-A2 110,160,000.00 4.13000% 86,024,995.68 296,069.36 0.00 0.00 3-A3 50,000,000.00 4.65500% 39,045,477.34 151,463.91 0.00 0.00 3-AX 0.00 4.29000% 28,135,790.97 100,585.45 0.00 0.00 4-A1 100,000,000.00 4.18000% 85,145,832.07 296,591.32 0.00 0.00 4-A2 150,000,000.00 4.58000% 127,718,748.10 487,459.89 0.00 0.00 4-A3 100,000,000.00 4.17000% 85,145,832.07 295,881.77 0.00 0.00 4-A4 138,779,000.00 4.13000% 118,164,534.28 406,682.94 0.00 0.00 4-A5 2,500,000.00 4.50000% 2,128,645.80 7,982.42 0.00 0.00 4-AX 0.00 4.29000% 77,791,969.02 278,106.29 0.00 0.00 4-PAX 0.00 4.29000% 47,324,223.71 169,184.10 0.00 0.00 5-A 99,466,000.00 3.88000% 87,895,094.48 284,194.14 0.00 0.00 5-AX 0.00 3.88000% 24,926,944.76 80,597.12 0.00 0.00 6-A 71,083,000.00 4.53000% 62,278,115.63 235,099.89 0.00 0.00 6-AX 0.00 4.53000% 9,184,035.13 34,669.73 0.00 0.00 B1-I 7,858,000.00 2.15000% 7,841,718.79 14,049.75 0.00 0.00 B1X-I 0.00 1.65728% 7,841,718.79 10,829.95 0.00 0.00 B2-I 3,349,000.00 2.85000% 3,342,061.11 7,937.40 0.00 0.00 B2X-I 0.00 0.95728% 3,342,061.11 2,666.08 0.00 0.00 B1-II 34,109,000.00 2.10000% 34,033,710.67 59,558.99 0.00 0.00 B1X-II 0.00 2.56777% 34,033,710.67 72,825.49 0.00 0.00 B2-II 8,756,000.00 4.66777% 8,736,672.74 33,983.95 0.00 0.00 B-3 5,415,000.00 4.44226% 5,403,239.49 20,002.17 0.00 0.00 B-4 8,255,000.00 4.44226% 8,237,071.47 30,492.68 0.00 0.00 B-5 5,306,000.00 4.44226% 5,294,476.22 19,599.54 0.00 0.00 B-6 4,144,605.13 4.44226% 4,135,603.72 15,309.53 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 4,202,985.70 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 0.00 602,356.25 0.00 181,269,641.69 2-A 0.00 0.00 25,606.42 0.00 16,517,818.37 2-AX 0.00 0.00 26,306.37 0.00 16,517,818.37 3-A1 0.00 0.00 136,892.79 0.00 29,685,124.86 3-A2 0.00 0.00 296,069.36 0.00 81,752,833.88 3-A3 0.00 0.00 151,463.91 0.00 37,106,406.08 3-AX 0.00 0.00 100,585.45 0.00 26,467,383.89 4-A1 0.00 0.00 296,591.31 0.00 82,364,394.28 4-A2 0.00 0.00 487,459.89 0.00 123,546,591.43 4-A3 0.00 0.00 295,881.76 0.00 82,364,394.28 4-A4 0.00 0.00 406,682.94 0.00 114,304,482.74 4-A5 0.00 0.00 7,982.42 0.00 2,059,109.86 4-AX 0.00 0.00 278,106.29 0.00 73,589,861.53 4-PAX 0.00 0.00 169,184.10 0.00 46,743,068.06 5-A 0.00 0.00 284,194.14 0.00 85,255,099.21 5-AX 0.00 0.00 80,597.12 0.00 24,016,384.61 6-A 0.00 0.00 235,099.88 0.00 60,869,402.85 6-AX 0.00 0.00 34,669.73 0.00 8,972,718.33 B1-I 0.00 0.00 14,049.75 0.00 7,838,708.42 B1X-I 0.00 0.00 10,829.95 0.00 7,838,708.42 B2-I 0.00 0.00 7,937.40 0.00 3,340,778.12 B2X-I 0.00 0.00 2,666.08 0.00 3,340,778.12 B1-II 0.00 0.00 59,558.99 0.00 34,020,909.19 B1X-II 0.00 0.00 72,825.49 0.00 34,020,909.19 B2-II 0.00 0.00 33,983.95 0.00 8,733,386.52 B-3 0.00 0.00 20,002.17 0.00 5,401,196.14 B-4 0.00 0.00 30,492.68 0.00 8,233,956.44 B-5 0.00 0.00 19,599.54 0.00 5,292,474.00 B-6 0.00 0.00 15,309.53 0.00 4,134,039.75 P-1 0.00 0.00 15,653.12 0.00 0.00 P-2 0.00 0.00 32,038.27 0.00 0.00 P-3 0.00 0.00 12,187.49 0.00 0.00 C-X 0.00 0.00 0.00 0.00 0.00 Totals 0.01 0.00 4,262,864.54 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 3.63325% 0.00000000 0.00000000 0.00000000 0.00000000 1-A 216,071,000.00 3.83407% 872.52492412 2.78776999 0.00000000 0.00000000 2-A 24,345,000.00 1.76000% 717.14627891 1.05181475 0.00000000 0.00000000 2-AX 0.00 1.80811% 717.14627891 1.08056562 0.00000000 0.00000000 3-A1 40,000,000.00 5.25898% 780.90954675 3.42231975 0.00000000 0.00000000 3-A2 110,160,000.00 4.13000% 780.90954684 2.68763036 0.00000000 0.00000000 3-A3 50,000,000.00 4.65500% 780.90954680 3.02927820 0.00000000 0.00000000 3-AX 0.00 4.29000% 735.25186810 2.62852536 0.00000000 0.00000000 4-A1 100,000,000.00 4.18000% 851.45832070 2.96591320 0.00000000 0.00000000 4-A2 150,000,000.00 4.58000% 851.45832067 3.24973260 0.00000000 0.00000000 4-A3 100,000,000.00 4.17000% 851.45832070 2.95881770 0.00000000 0.00000000 4-A4 138,779,000.00 4.13000% 851.45832064 2.93043573 0.00000000 0.00000000 4-A5 2,500,000.00 4.50000% 851.45832000 3.19296800 0.00000000 0.00000000 4-AX 0.00 4.29000% 790.58327797 2.82633523 0.00000000 0.00000000 4-PAX 0.00 4.29000% 921.77508066 3.29534592 0.00000000 0.00000000 5-A 99,466,000.00 3.88000% 883.66974122 2.85719884 0.00000000 0.00000000 5-AX 0.00 3.88000% 875.85280633 2.83192402 0.00000000 0.00000000 6-A 71,083,000.00 4.53000% 876.13234712 3.30739966 0.00000000 0.00000000 6-AX 0.00 4.53000% 845.89375027 3.19324867 0.00000000 0.00000000 B1-I 7,858,000.00 2.15000% 997.92807203 1.78795495 0.00000000 0.00000000 B1X-I 0.00 1.65728% 997.92807203 1.37820692 0.00000000 0.00000000 B2-I 3,349,000.00 2.85000% 997.92807107 2.37008062 0.00000000 0.00000000 B2X-I 0.00 0.95728% 997.92807107 0.79608241 0.00000000 0.00000000 B1-II 34,109,000.00 2.10000% 997.79268434 1.74613709 0.00000000 0.00000000 B1X-II 0.00 2.56777% 997.79268434 2.13508136 0.00000000 0.00000000 B2-II 8,756,000.00 4.66777% 997.79268387 3.88121859 0.00000000 0.00000000 B-3 5,415,000.00 4.44226% 997.82816066 3.69384488 0.00000000 0.00000000 B-4 8,255,000.00 4.44226% 997.82816111 3.69384373 0.00000000 0.00000000 B-5 5,306,000.00 4.44226% 997.82816057 3.69384470 0.00000000 0.00000000 B-6 4,144,605.13 4.44226% 997.82816222 3.69384526 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 2.78776999 0.00000000 838.93554290 2-A 0.00000000 0.00000000 1.05181434 0.00000000 678.48915054 2-AX 0.00000000 0.00000000 1.08056562 0.00000000 678.48915054 3-A1 0.00000000 0.00000000 3.42231975 0.00000000 742.12812150 3-A2 0.00000000 0.00000000 2.68763036 0.00000000 742.12812164 3-A3 0.00000000 0.00000000 3.02927820 0.00000000 742.12812160 3-AX 0.00000000 0.00000000 2.62852536 0.00000000 691.65261676 4-A1 0.00000000 0.00000000 2.96591310 0.00000000 823.64394280 4-A2 0.00000000 0.00000000 3.24973260 0.00000000 823.64394287 4-A3 0.00000000 0.00000000 2.95881760 0.00000000 823.64394280 4-A4 0.00000000 0.00000000 2.93043573 0.00000000 823.64394282 4-A5 0.00000000 0.00000000 3.19296800 0.00000000 823.64394400 4-AX 0.00000000 0.00000000 2.82633523 0.00000000 747.87815101 4-PAX 0.00000000 0.00000000 3.29534592 0.00000000 910.45540642 5-A 0.00000000 0.00000000 2.85719884 0.00000000 857.12805592 5-AX 0.00000000 0.00000000 2.83192402 0.00000000 843.85864618 6-A 0.00000000 0.00000000 3.30739952 0.00000000 856.31448940 6-AX 0.00000000 0.00000000 3.19324867 0.00000000 826.43045794 B1-I 0.00000000 0.00000000 1.78795495 0.00000000 997.54497582 B1X-I 0.00000000 0.00000000 1.37820692 0.00000000 997.54497582 B2-I 0.00000000 0.00000000 2.37008062 0.00000000 997.54497462 B2X-I 0.00000000 0.00000000 0.79608241 0.00000000 997.54497462 B1-II 0.00000000 0.00000000 1.74613709 0.00000000 997.41737342 B1X-II 0.00000000 0.00000000 2.13508136 0.00000000 997.41737342 B2-II 0.00000000 0.00000000 3.88121859 0.00000000 997.41737323 B-3 0.00000000 0.00000000 3.69384488 0.00000000 997.45081071 B-4 0.00000000 0.00000000 3.69384373 0.00000000 997.45081042 B-5 0.00000000 0.00000000 3.69384470 0.00000000 997.45081040 B-6 0.00000000 0.00000000 3.69384526 0.00000000 997.45081144 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 38,188,177.93 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 38,188,177.93 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 221,590.95 Payment of Interest and Principal 37,966,586.98 Total Withdrawals (Pool Distribution Amount) 38,188,177.93 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 216,972.00 Wells Fargo Bank, N.A. 4,618.95 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 221,590.95
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 1 0 0 1 269,100.00 0.00 0.00 269,100.00 30 Days 24 0 0 0 24 10,591,438.75 0.00 0.00 0.00 10,591,438.75 60 Days 10 0 0 0 10 2,526,260.04 0.00 0.00 0.00 2,526,260.04 90 Days 3 0 1 0 4 833,926.67 0.00 112,000.00 0.00 945,926.67 120 Days 0 0 1 0 1 0.00 0.00 85,927.00 0.00 85,927.00 150 Days 1 0 0 0 1 459,000.00 0.00 0.00 0.00 459,000.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 38 1 2 0 41 14,410,625.46 269,100.00 197,927.00 0.00 14,877,652.46 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 0.036900% 0.000000% 0.000000% 0.036900% 0.027619% 0.000000% 0.000000% 0.027619% 30 Days 0.885609% 0.000000% 0.000000% 0.000000% 0.885609% 1.087036% 0.000000% 0.000000% 0.000000% 1.087036% 60 Days 0.369004% 0.000000% 0.000000% 0.000000% 0.369004% 0.259279% 0.000000% 0.000000% 0.000000% 0.259279% 90 Days 0.110701% 0.000000% 0.036900% 0.000000% 0.147601% 0.085589% 0.000000% 0.011495% 0.000000% 0.097084% 120 Days 0.000000% 0.000000% 0.036900% 0.000000% 0.036900% 0.000000% 0.000000% 0.008819% 0.000000% 0.008819% 150 Days 0.036900% 0.000000% 0.000000% 0.000000% 0.036900% 0.047109% 0.000000% 0.000000% 0.000000% 0.047109% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.402214% 0.036900% 0.073801% 0.000000% 1.512915% 1.479012% 0.027619% 0.020314% 0.000000% 1.526945%
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 3 0 0 0 3 907,619.89 0.00 0.00 0.00 907,619.89 60 Days 2 0 0 0 2 542,667.20 0.00 0.00 0.00 542,667.20 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 1 0 0 0 1 459,000.00 0.00 0.00 0.00 459,000.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 6 0 0 0 6 1,909,287.09 0.00 0.00 0.00 1,909,287.09 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.579151% 0.000000% 0.000000% 0.000000% 0.579151% 0.461217% 0.000000% 0.000000% 0.000000% 0.461217% 60 Days 0.386100% 0.000000% 0.000000% 0.000000% 0.386100% 0.275763% 0.000000% 0.000000% 0.000000% 0.275763% 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 0.193050% 0.000000% 0.000000% 0.000000% 0.193050% 0.233246% 0.000000% 0.000000% 0.000000% 0.233246% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.158301% 0.000000% 0.000000% 0.000000% 1.158301% 0.970226% 0.000000% 0.000000% 0.000000% 0.970226% 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 2 585,251.83 0.00 0.00 0.00 585,251.83 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 2 585,251.83 0.00 0.00 0.00 585,251.83 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.636364% 0.000000% 0.000000% 0.000000% 3.636364% 3.203350% 0.000000% 0.000000% 0.000000% 3.203350% 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 3.636364% 0.000000% 0.000000% 0.000000% 3.636364% 3.203350% 0.000000% 0.000000% 0.000000% 3.203350% 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 6 0 0 0 6 2,046,576.86 0.00 0.00 0.00 2,046,576.86 60 Days 4 0 0 0 4 965,346.28 0.00 0.00 0.00 965,346.28 90 Days 1 0 1 0 2 292,000.00 0.00 112,000.00 0.00 404,000.00 120 Days 0 0 1 0 1 0.00 0.00 85,927.00 0.00 85,927.00 150 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 2 0 13 3,303,923.14 0.00 197,927.00 0.00 3,501,850.14 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.271186% 0.000000% 0.000000% 0.000000% 1.271186% 1.259685% 0.000000% 0.000000% 0.000000% 1.259685% 60 Days 0.847458% 0.000000% 0.000000% 0.000000% 0.847458% 0.594178% 0.000000% 0.000000% 0.000000% 0.594178% 90 Days 0.211864% 0.000000% 0.211864% 0.000000% 0.423729% 0.179728% 0.000000% 0.068937% 0.000000% 0.248665% 120 Days 0.000000% 0.000000% 0.211864% 0.000000% 0.211864% 0.000000% 0.000000% 0.052889% 0.000000% 0.052889% 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 2.330508% 0.000000% 0.423729% 0.000000% 2.754237% 2.033592% 0.000000% 0.121826% 0.000000% 2.155417% 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 5 0 0 0 5 3,336,550.00 0.00 0.00 0.00 3,336,550.00 60 Days 1 0 0 0 1 185,600.00 0.00 0.00 0.00 185,600.00 90 Days 1 0 0 0 1 322,700.00 0.00 0.00 0.00 322,700.00 120 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 3,844,850.00 0.00 0.00 0.00 3,844,850.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.176471% 0.000000% 0.000000% 0.000000% 1.176471% 2.021072% 0.000000% 0.000000% 0.000000% 2.021072% 60 Days 0.235294% 0.000000% 0.000000% 0.000000% 0.235294% 0.112425% 0.000000% 0.000000% 0.000000% 0.112425% 90 Days 0.235294% 0.000000% 0.000000% 0.000000% 0.235294% 0.195471% 0.000000% 0.000000% 0.000000% 0.195471% 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 1.647059% 0.000000% 0.000000% 0.000000% 1.647059% 2.328968% 0.000000% 0.000000% 0.000000% 2.328968% 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 1 0 0 1 269,100.00 0.00 0.00 269,100.00 30 Days 6 0 0 0 6 2,025,081.70 0.00 0.00 0.00 2,025,081.70 60 Days 3 0 0 0 3 832,646.56 0.00 0.00 0.00 832,646.56 90 Days 1 0 0 0 1 219,226.67 0.00 0.00 0.00 219,226.67 120 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 1 0 0 11 3,076,954.93 269,100.00 0.00 0.00 3,346,054.93 0-29 Days 0.127065% 0.000000% 0.000000% 0.127065% 0.098312% 0.000000% 0.000000% 0.098312% 30 Days 0.762389% 0.000000% 0.000000% 0.000000% 0.762389% 0.739837% 0.000000% 0.000000% 0.000000% 0.739837% 60 Days 0.381194% 0.000000% 0.000000% 0.000000% 0.381194% 0.304197% 0.000000% 0.000000% 0.000000% 0.304197% 90 Days 0.127065% 0.000000% 0.000000% 0.000000% 0.127065% 0.080092% 0.000000% 0.000000% 0.000000% 0.080092% 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 1.270648% 0.127065% 0.000000% 0.000000% 1.397713% 1.124126% 0.098312% 0.000000% 0.000000% 1.222438% 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 1,690,358.47 0.00 0.00 0.00 1,690,358.47 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 1,690,358.47 0.00 0.00 0.00 1,690,358.47 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.727273% 0.000000% 0.000000% 0.000000% 0.727273% 1.833556% 0.000000% 0.000000% 0.000000% 1.833556% 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 0.727273% 0.000000% 0.000000% 0.000000% 0.727273% 1.833556% 0.000000% 0.000000% 0.000000% 1.833556% 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% 69,156,740.16 7.09961986% 0.804721% 0.000000% Class B1-II 35,225,605.13 2.98624140% 35,135,830.97 3.60703877% 3.492581% 0.000000% Class B2-I 31,876,605.13 2.70233080% 31,795,052.85 3.26407503% 0.342964% 0.000000% Class B2-II 23,120,605.13 1.96004321% 23,061,666.33 2.36750697% 0.896568% 0.000000% Class B-3 17,705,605.13 1.50098801% 17,660,470.19 1.81302104% 0.554486% 0.000000% Class B-4 9,450,605.13 0.80117256% 9,426,513.75 0.96772439% 0.845297% 0.000000% Class B-5 4,144,605.13 0.35135781% 4,134,039.75 0.42439986% 0.543325% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.424400% 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 0.03676444% Fraud 23,591,934.00 1.99999999% 23,591,934.00 2.42194416% Special Hazard 11,795,968.00 1.00000008% 9,740,907.48 1.00000000% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.268428% Weighted Average Net Coupon 5.010075% Weighted Average Pass-Through Rate 5.004575% Weighted Average Maturity(Stepdown Calculation ) 352 Beginning Scheduled Collateral Loan Count 2,796 Number Of Loans Paid In Full 86 Ending Scheduled Collateral Loan Count 2,710 Beginning Scheduled Collateral Balance 1,007,794,470.60 Ending Scheduled Collateral Balance 974,090,748.13 Ending Actual Collateral Balance at 31-Jul-2004 974,341,356.52 Monthly P &I Constant 4,805,018.39 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 974,090,748.13 Scheduled Principal 380,441.34 Unscheduled Principal 33,323,281.13
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 4.090112 3.855710 5.514475 Weighted Average Net Rate 3.839573 3.573610 5.264475 Weighted Average Maturity 352 347 352 Beginning Loan Count 534 58 498 Loans Paid In Full 16 3 26 Ending Loan Count 518 55 472 Beginning Scheduled Balance 204,021,569.30 19,194,467.41 170,189,950.83 Ending scheduled Balance 196,759,242.40 18,251,380.97 162,421,923.15 Record Date 07/31/2004 07/31/2004 07/31/2004 Principal And Interest Constant 756,433.68 83,556.69 849,974.44 Scheduled Principal 61,041.14 21,883.11 67,884.27 Unscheduled Principal 7,201,285.76 921,203.33 7,700,143.41 Scheduled Interest 695,392.54 61,673.58 782,090.17 Servicing Fees 42,596.19 4,512.30 35,456.22 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 935.08 88.00 780.07 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 651,861.27 57,073.28 745,853.88 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 3.834073 3.568109 5.258975
Group Level Collateral Statement Group 4 5 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.763973 5.712174 5.239154 Weighted Average Net Rate 5.513973 5.459471 4.985864 Weighted Average Maturity 352 352 352 Beginning Loan Count 428 818 279 Loans Paid In Full 3 31 4 Ending Loan Count 425 787 275 Beginning Scheduled Balance 166,291,441.87 286,124,449.94 94,769,108.69 Ending scheduled Balance 165,069,235.90 273,674,997.30 92,122,093.28 Record Date 07/31/2004 07/31/2004 07/31/2004 Principal And Interest Constant 824,672.31 1,429,424.61 510,541.93 Scheduled Principal 25,922.83 67,430.68 96,783.63 Unscheduled Principal 1,196,283.14 12,382,021.96 2,550,231.78 Scheduled Interest 798,749.48 1,361,993.93 413,758.30 Servicing Fees 34,644.06 60,253.80 20,003.40 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 762.12 1,311.36 434.33 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 763,343.30 1,300,428.77 393,320.57 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 5.508473 5.453971 4.980363
Group Level Collateral Statement Group 7 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 5.551838 5.268428 Weighted Average Net Rate 5.203531 5.010075 Weighted Average Maturity 351.00 352.00 Record Date 07/31/2004 07/31/2004 Principal And Interest Constant 350,414.73 4,805,018.39 Beginning Loan Count 181 2,796 Loans Paid In Full 3 86 Ending Loan Count 178 2,710 Beginning Scheduled Balance 67,203,482.56 1,007,794,470.60 Ending Scheduled Balance 65,791,875.13 974,090,748.13 Scheduled Principal 39,495.68 380,441.34 Unscheduled Principal 1,372,111.75 33,323,281.13 Scheduled Interest 310,919.05 4,424,577.05 Servicing Fee 19,506.23 216,972.20 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 307.99 4,618.95 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 291,104.83 4,202,985.90 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 5.198030 5.004575
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