-----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, SuR/WT2NBD4PpQ29x42EOrUTYQDqRJtvCLiFjWj6Zkgd2y8zc/kyrjzluARw2xqc Kyvkj58DRA2gIIdM5BDymA== 0001056404-05-001048.txt : 20050207 0001056404-05-001048.hdr.sgml : 20050207 20050207095036 ACCESSION NUMBER: 0001056404-05-001048 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040927 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: 05579132 BUSINESS ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 8-K/A 1 srm04001_10409.txt SEPTEMBER 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): September 27, 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 September 27, 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 September 27, 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 September 27, 2004 distribution. EX-99.1
Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Record Date: 8/31/2004 Distribution Date: 9/27/2004 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 3.63390% 0.00 0.00 0.00 1-A 86359BFY2 SEN 3.84622% 181,269,641.69 581,001.97 6,616,921.59 2-A 86359BFZ9 SEN 1.92500% 16,517,818.37 26,497.33 1,570,846.77 2-AX 86359BGA3 IO 1.89596% 0.00 26,097.57 0.00 3-A1 86359BGB1 SEN 5.24919% 29,685,124.86 129,852.34 1,184,657.33 3-A2 86359BGC9 SEN 4.13000% 81,752,833.88 281,366.01 3,262,546.28 3-A3 86359BGD7 SEN 4.65500% 37,106,406.08 143,941.94 1,480,821.66 3-AX 86359BGE5 IO 4.29000% 0.00 94,620.81 0.00 4-A1 86359BGF2 SEN 4.18000% 82,364,394.28 286,902.64 3,110,166.12 4-A2 86359BGG0 SEN 4.58000% 123,546,591.43 471,536.16 4,665,249.18 4-A3 86359BGH8 SEN 4.17000% 82,364,394.28 286,216.27 3,110,166.12 4-A4 86359BGJ4 SEN 4.13000% 114,304,482.74 393,397.93 4,316,257.44 4-A5 86359BGK1 SEN 4.50000% 2,059,109.86 7,721.66 77,754.15 4-AX 86359BGL9 IO 4.29000% 0.00 263,083.94 0.00 4-PAX 86359BGM7 IO 4.29000% 0.00 167,106.47 0.00 5-A 86359BGN5 SEN 3.88000% 85,255,099.21 275,658.16 2,274,095.38 5-AX 86359BGP0 IO 3.88000% 0.00 77,653.13 0.00 6-A 86359BGQ8 SEN 4.53000% 60,869,402.85 229,782.00 926,898.45 6-AX 86359BGR6 IO 4.53000% 0.00 33,872.08 0.00 B1-I 86359BGS4 SUB 2.31500% 7,838,708.42 15,122.18 2,913.98 B1X-I 86359BGT2 IO 1.52867% 0.00 9,985.69 0.00 B2-I 86359BGU9 SUB 3.01500% 3,340,778.12 8,393.71 1,241.91 B2X-I 86359BGV7 IO 0.82867% 0.00 2,307.01 0.00 B1-II 86359BGW5 SUB 2.26500% 34,020,909.19 70,635.91 12,763.90 B1X-II 86359BGX3 IO 1.97550% 0.00 61,607.70 0.00 B2-II 86359BGY1 SUB 4.66455% 8,733,386.52 33,947.79 3,276.58 B-3 86359BHA2 SUB 4.44943% 5,401,196.14 20,026.87 2,021.55 B-4 86359BHC8 SUB 4.44943% 8,233,956.44 30,530.34 3,081.79 B-5 86359BHD6 SUB 4.44943% 5,292,474.00 19,623.74 1,980.85 B-6 86359BHE4 SUB 4.44943% 4,134,039.75 15,328.43 1,547.28 P-1 SRM0401P1 SEN 0.00000% 0.00 19,222.50 0.00 P-2 SRM0401P2 SEN 0.00000% 0.00 14,144.00 0.00 P-3 SRM0401P3 SEN 0.00000% 0.00 43,057.48 0.00 C-X SRM0401CX SEN 0.00000% 0.00 0.00 0.00 Totals 974,090,748.11 4,140,241.76 32,625,208.31
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 0.00 174,652,720.10 7,197,923.56 0.00 2-A 0.00 14,946,971.60 1,597,344.10 0.00 2-AX 0.00 0.00 26,097.57 0.00 3-A1 0.00 28,500,467.53 1,314,509.67 0.00 3-A2 0.00 78,490,287.59 3,543,912.29 0.00 3-A3 0.00 35,625,584.42 1,624,763.60 0.00 3-AX 0.00 0.00 94,620.81 0.00 4-A1 0.00 79,254,228.16 3,397,068.76 0.00 4-A2 0.00 118,881,342.24 5,136,785.34 0.00 4-A3 0.00 79,254,228.16 3,396,382.39 0.00 4-A4 0.00 109,988,225.30 4,709,655.37 0.00 4-A5 0.00 1,981,355.70 85,475.81 0.00 4-AX 0.00 0.00 263,083.94 0.00 4-PAX 0.00 0.00 167,106.47 0.00 5-A 0.00 82,981,003.83 2,549,753.54 0.00 5-AX 0.00 0.00 77,653.13 0.00 6-A 0.00 59,942,504.41 1,156,680.45 0.00 6-AX 0.00 0.00 33,872.08 0.00 B1-I 0.00 7,835,794.44 18,036.16 0.00 B1X-I 0.00 0.00 9,985.69 0.00 B2-I 0.00 3,339,536.22 9,635.62 0.00 B2X-I 0.00 0.00 2,307.01 0.00 B1-II 0.00 34,008,145.29 83,399.81 0.00 B1X-II 0.00 0.00 61,607.70 0.00 B2-II 0.00 8,730,109.95 37,224.37 0.00 B-3 0.00 5,399,174.59 22,048.42 0.00 B-4 0.00 8,230,874.65 33,612.13 0.00 B-5 0.00 5,290,493.15 21,604.59 0.00 B-6 0.00 4,132,492.47 16,875.71 0.00 P-1 0.00 0.00 19,222.50 0.00 P-2 0.00 0.00 14,144.00 0.00 P-3 0.00 0.00 43,057.48 0.00 C-X 0.00 0.00 0.00 0.00 Totals 0.00 941,465,539.80 36,765,450.07 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 216,071,000.00 181,269,641.69 52,486.17 6,564,435.42 0.00 0.00 2-A 24,345,000.00 16,517,818.37 18,271.37 1,552,575.40 0.00 0.00 2-AX 0.00 0.00 0.00 0.00 0.00 0.00 3-A1 40,000,000.00 29,685,124.86 11,608.64 1,173,048.69 0.00 0.00 3-A2 110,160,000.00 81,752,833.88 31,970.19 3,230,576.10 0.00 0.00 3-A3 50,000,000.00 37,106,406.08 14,510.80 1,466,310.86 0.00 0.00 3-AX 0.00 0.00 0.00 0.00 0.00 0.00 4-A1 100,000,000.00 82,364,394.28 17,007.06 3,093,159.06 0.00 0.00 4-A2 150,000,000.00 123,546,591.43 25,510.59 4,639,738.60 0.00 0.00 4-A3 100,000,000.00 82,364,394.28 17,007.06 3,093,159.06 0.00 0.00 4-A4 138,779,000.00 114,304,482.74 23,602.23 4,292,655.22 0.00 0.00 4-A5 2,500,000.00 2,059,109.86 425.18 77,328.98 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 85,255,099.21 87,299.02 2,186,796.36 0.00 0.00 5-AX 0.00 0.00 0.00 0.00 0.00 0.00 6-A 71,083,000.00 60,869,402.85 36,162.54 890,735.91 0.00 0.00 6-AX 0.00 0.00 0.00 0.00 0.00 0.00 B1-I 7,858,000.00 7,838,708.42 2,913.98 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 3,340,778.12 1,241.91 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 34,020,909.19 12,763.90 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 8,733,386.52 3,276.58 0.00 0.00 0.00 B-3 5,415,000.00 5,401,196.14 2,021.55 0.00 0.00 0.00 B-4 8,255,000.00 8,233,956.44 3,081.79 0.00 0.00 0.00 B-5 5,306,000.00 5,292,474.00 1,980.85 0.00 0.00 0.00 B-6 4,144,605.13 4,134,039.75 1,547.28 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 1,179,596,705.13 974,090,748.11 364,688.69 32,260,519.66 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 6,616,921.59 174,652,720.10 0.80831171 6,616,921.59 2-A 1,570,846.77 14,946,971.60 0.61396474 1,570,846.77 2-AX 0.00 0.00 0.00000000 0.00 3-A1 1,184,657.33 28,500,467.53 0.71251169 1,184,657.33 3-A2 3,262,546.28 78,490,287.59 0.71251169 3,262,546.28 3-A3 1,480,821.66 35,625,584.42 0.71251169 1,480,821.66 3-AX 0.00 0.00 0.00000000 0.00 4-A1 3,110,166.12 79,254,228.16 0.79254228 3,110,166.12 4-A2 4,665,249.18 118,881,342.24 0.79254228 4,665,249.18 4-A3 3,110,166.12 79,254,228.16 0.79254228 3,110,166.12 4-A4 4,316,257.44 109,988,225.30 0.79254228 4,316,257.44 4-A5 77,754.15 1,981,355.70 0.79254228 77,754.15 4-AX 0.00 0.00 0.00000000 0.00 4-PAX 0.00 0.00 0.00000000 0.00 5-A 2,274,095.38 82,981,003.83 0.83426501 2,274,095.38 5-AX 0.00 0.00 0.00000000 0.00 6-A 926,898.45 59,942,504.41 0.84327483 926,898.45 6-AX 0.00 0.00 0.00000000 0.00 B1-I 2,913.98 7,835,794.44 0.99717415 2,913.98 B1X-I 0.00 0.00 0.00000000 0.00 B2-I 1,241.91 3,339,536.22 0.99717415 1,241.91 B2X-I 0.00 0.00 0.00000000 0.00 B1-II 12,763.90 34,008,145.29 0.99704316 12,763.90 B1X-II 0.00 0.00 0.00000000 0.00 B2-II 3,276.58 8,730,109.95 0.99704316 3,276.58 B-3 2,021.55 5,399,174.59 0.99707749 2,021.55 B-4 3,081.79 8,230,874.65 0.99707749 3,081.79 B-5 1,980.85 5,290,493.15 0.99707749 1,980.85 B-6 1,547.28 4,132,492.47 0.99707749 1,547.28 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 32,625,208.31 941,465,539.80 0.79812493 32,625,208.31
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 216,071,000.00 838.93554290 0.24291168 30.38091840 0.00000000 2-A 24,345,000.00 678.48915054 0.75051838 63.77389197 0.00000000 2-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 40,000,000.00 742.12812150 0.29021600 29.32621725 0.00000000 3-A2 110,160,000.00 742.12812164 0.29021596 29.32621732 0.00000000 3-A3 50,000,000.00 742.12812160 0.29021600 29.32621720 0.00000000 3-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 100,000,000.00 823.64394280 0.17007060 30.93159060 0.00000000 4-A2 150,000,000.00 823.64394287 0.17007060 30.93159067 0.00000000 4-A3 100,000,000.00 823.64394280 0.17007060 30.93159060 0.00000000 4-A4 138,779,000.00 823.64394282 0.17007062 30.93159066 0.00000000 4-A5 2,500,000.00 823.64394400 0.17007200 30.93159200 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 99,466,000.00 857.12805592 0.87767700 21.98536545 0.00000000 5-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 6-A 71,083,000.00 856.31448940 0.50873683 12.53092737 0.00000000 6-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 7,858,000.00 997.54497582 0.37082973 0.00000000 0.00000000 B1X-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2-I 3,349,000.00 997.54497462 0.37083010 0.00000000 0.00000000 B2X-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-II 34,109,000.00 997.41737342 0.37420915 0.00000000 0.00000000 B1X-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2-II 8,756,000.00 997.41737323 0.37420968 0.00000000 0.00000000 B-3 5,415,000.00 997.45081071 0.37332410 0.00000000 0.00000000 B-4 8,255,000.00 997.45081042 0.37332405 0.00000000 0.00000000 B-5 5,306,000.00 997.45081040 0.37332265 0.00000000 0.00000000 B-6 4,144,605.13 997.45081144 0.37332386 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 30.62383008 808.31171282 0.80831171 30.62383008 2-A 0.00000000 64.52441035 613.96474019 0.61396474 64.52441035 2-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 0.00000000 29.61643325 712.51168825 0.71251169 29.61643325 3-A2 0.00000000 29.61643319 712.51168836 0.71251169 29.61643319 3-A3 0.00000000 29.61643320 712.51168840 0.71251169 29.61643320 3-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 0.00000000 31.10166120 792.54228160 0.79254228 31.10166120 4-A2 0.00000000 31.10166120 792.54228160 0.79254228 31.10166120 4-A3 0.00000000 31.10166120 792.54228160 0.79254228 31.10166120 4-A4 0.00000000 31.10166120 792.54228161 0.79254228 31.10166120 4-A5 0.00000000 31.10166000 792.54228000 0.79254228 31.10166000 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 22.86304245 834.26501347 0.83426501 22.86304245 5-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 6-A 0.00000000 13.03966420 843.27482535 0.84327483 13.03966420 6-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 0.00000000 0.37082973 997.17414609 0.99717415 0.37082973 B1X-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2-I 0.00000000 0.37083010 997.17414751 0.99717415 0.37083010 B2X-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-II 0.00000000 0.37420915 997.04316427 0.99704316 0.37420915 B1X-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2-II 0.00000000 0.37420968 997.04316469 0.99704316 0.37420968 B-3 0.00000000 0.37332410 997.07748661 0.99707749 0.37332410 B-4 0.00000000 0.37332405 997.07748637 0.99707749 0.37332405 B-5 0.00000000 0.37332265 997.07748775 0.99707749 0.37332265 B-6 0.00000000 0.37332386 997.07748757 0.99707749 0.37332386 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 3.63390% 0.00 0.00 0.00 0.00 1-A 216,071,000.00 3.84622% 181,269,641.69 581,001.96 0.00 0.00 2-A 24,345,000.00 1.92500% 16,517,818.37 26,497.33 0.00 0.00 2-AX 0.00 1.89596% 16,517,818.37 26,097.56 0.00 0.00 3-A1 40,000,000.00 5.24919% 29,685,124.86 129,852.33 0.00 0.00 3-A2 110,160,000.00 4.13000% 81,752,833.88 281,366.00 0.00 0.00 3-A3 50,000,000.00 4.65500% 37,106,406.08 143,941.93 0.00 0.00 3-AX 0.00 4.29000% 26,467,358.85 94,620.81 0.00 0.00 4-A1 100,000,000.00 4.18000% 82,364,394.28 286,902.64 0.00 0.00 4-A2 150,000,000.00 4.58000% 123,546,591.43 471,536.16 0.00 0.00 4-A3 100,000,000.00 4.17000% 82,364,394.28 286,216.27 0.00 0.00 4-A4 138,779,000.00 4.13000% 114,304,482.74 393,397.93 0.00 0.00 4-A5 2,500,000.00 4.50000% 2,059,109.86 7,721.66 0.00 0.00 4-AX 0.00 4.29000% 73,589,911.61 263,083.93 0.00 0.00 4-PAX 0.00 4.29000% 46,743,068.04 167,106.47 0.00 0.00 5-A 99,466,000.00 3.88000% 85,255,099.21 275,658.15 0.00 0.00 5-AX 0.00 3.88000% 24,016,431.82 77,653.13 0.00 0.00 6-A 71,083,000.00 4.53000% 60,869,402.85 229,782.00 0.00 0.00 6-AX 0.00 4.53000% 8,972,736.31 33,872.08 0.00 0.00 B1-I 7,858,000.00 2.31500% 7,838,708.42 15,122.17 0.00 0.00 B1X-I 0.00 1.52867% 7,838,708.42 9,985.69 0.00 0.00 B2-I 3,349,000.00 3.01500% 3,340,778.12 8,393.71 0.00 0.00 B2X-I 0.00 0.82867% 3,340,778.12 2,307.01 0.00 0.00 B1-II 34,109,000.00 2.26500% 34,020,909.19 70,635.91 0.00 0.00 B1X-II 0.00 1.97550% 34,020,909.19 61,607.70 0.00 0.00 B2-II 8,756,000.00 4.66455% 8,733,386.52 33,947.79 0.00 0.00 B-3 5,415,000.00 4.44943% 5,401,196.14 20,026.86 0.00 0.00 B-4 8,255,000.00 4.44943% 8,233,956.44 30,530.34 0.00 0.00 B-5 5,306,000.00 4.44943% 5,292,474.00 19,623.74 0.00 0.00 B-6 4,144,605.13 4.44943% 4,134,039.75 15,328.43 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 4,063,817.69 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) 0.00 581,001.97 0.00 174,652,720.10 2-A 0.00 0.00 26,497.33 0.00 14,946,971.60 2-AX 0.00 0.00 26,097.57 0.00 14,946,971.60 3-A1 0.00 0.00 129,852.34 0.00 28,500,467.53 3-A2 0.00 0.00 281,366.01 0.00 78,490,287.59 3-A3 0.00 0.00 143,941.94 0.00 35,625,584.42 3-AX 0.00 0.00 94,620.81 0.00 25,095,291.25 4-A1 0.00 0.00 286,902.64 0.00 79,254,228.16 4-A2 (0.01) 0.00 471,536.16 0.00 118,881,342.24 4-A3 0.00 0.00 286,216.27 0.00 79,254,228.16 4-A4 0.00 0.00 393,397.93 0.00 109,988,225.30 4-A5 0.00 0.00 7,721.66 0.00 1,981,355.70 4-AX 0.00 0.00 263,083.94 0.00 70,621,831.29 4-PAX 0.00 0.00 167,106.47 0.00 44,766,873.08 5-A 0.00 0.00 275,658.16 0.00 82,981,003.83 5-AX 0.00 0.00 77,653.13 0.00 23,300,541.34 6-A 0.00 0.00 229,782.00 0.00 59,942,504.41 6-AX 0.00 0.00 33,872.08 0.00 8,717,196.15 B1-I 0.00 0.00 15,122.18 0.00 7,835,794.44 B1X-I 0.00 0.00 9,985.69 0.00 7,835,794.44 B2-I 0.00 0.00 8,393.71 0.00 3,339,536.22 B2X-I 0.00 0.00 2,307.01 0.00 3,339,536.22 B1-II 0.00 0.00 70,635.91 0.00 34,008,145.29 B1X-II 0.00 0.00 61,607.70 0.00 34,008,145.29 B2-II 0.00 0.00 33,947.79 0.00 8,730,109.95 B-3 0.00 0.00 20,026.87 0.00 5,399,174.59 B-4 0.00 0.00 30,530.34 0.00 8,230,874.65 B-5 0.00 0.00 19,623.74 0.00 5,290,493.15 B-6 0.00 0.00 15,328.43 0.00 4,132,492.47 P-1 0.00 0.00 19,222.50 0.00 0.00 P-2 0.00 0.00 14,144.00 0.00 0.00 P-3 0.00 0.00 43,057.48 0.00 0.00 C-X 0.00 0.00 0.00 0.00 0.00 Totals (0.02) 0.00 4,140,241.76 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 3.63390% 0.00000000 0.00000000 0.00000000 0.00000000 1-A 216,071,000.00 3.84622% 838.93554290 2.68894002 0.00000000 0.00000000 2-A 24,345,000.00 1.92500% 678.48915054 1.08840953 0.00000000 0.00000000 2-AX 0.00 1.89596% 678.48915054 1.07198850 0.00000000 0.00000000 3-A1 40,000,000.00 5.24919% 742.12812150 3.24630825 0.00000000 0.00000000 3-A2 110,160,000.00 4.13000% 742.12812164 2.55415759 0.00000000 0.00000000 3-A3 50,000,000.00 4.65500% 742.12812160 2.87883860 0.00000000 0.00000000 3-AX 0.00 4.29000% 691.65196241 2.47265582 0.00000000 0.00000000 4-A1 100,000,000.00 4.18000% 823.64394280 2.86902640 0.00000000 0.00000000 4-A2 150,000,000.00 4.58000% 823.64394287 3.14357440 0.00000000 0.00000000 4-A3 100,000,000.00 4.17000% 823.64394280 2.86216270 0.00000000 0.00000000 4-A4 138,779,000.00 4.13000% 823.64394282 2.83470792 0.00000000 0.00000000 4-A5 2,500,000.00 4.50000% 823.64394400 3.08866400 0.00000000 0.00000000 4-AX 0.00 4.29000% 747.87865996 2.67366617 0.00000000 0.00000000 4-PAX 0.00 4.29000% 910.45540603 3.25487811 0.00000000 0.00000000 5-A 99,466,000.00 3.88000% 857.12805592 2.77138067 0.00000000 0.00000000 5-AX 0.00 3.88000% 843.86030499 2.72848167 0.00000000 0.00000000 6-A 71,083,000.00 4.53000% 856.31448940 3.23258726 0.00000000 0.00000000 6-AX 0.00 4.53000% 826.43211399 3.11978127 0.00000000 0.00000000 B1-I 7,858,000.00 2.31500% 997.54497582 1.92442988 0.00000000 0.00000000 B1X-I 0.00 1.52867% 997.54497582 1.27076737 0.00000000 0.00000000 B2-I 3,349,000.00 3.01500% 997.54497462 2.50633323 0.00000000 0.00000000 B2X-I 0.00 0.82867% 997.54497462 0.68886533 0.00000000 0.00000000 B1-II 34,109,000.00 2.26500% 997.41737342 2.07088774 0.00000000 0.00000000 B1X-II 0.00 1.97550% 997.41737342 1.80620071 0.00000000 0.00000000 B2-II 8,756,000.00 4.66455% 997.41737323 3.87708885 0.00000000 0.00000000 B-3 5,415,000.00 4.44943% 997.45081071 3.69840443 0.00000000 0.00000000 B-4 8,255,000.00 4.44943% 997.45081042 3.69840581 0.00000000 0.00000000 B-5 5,306,000.00 4.44943% 997.45081040 3.69840558 0.00000000 0.00000000 B-6 4,144,605.13 4.44943% 997.45081144 3.69840540 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 2.68894007 0.00000000 808.31171282 2-A 0.00000000 0.00000000 1.08840953 0.00000000 613.96474019 2-AX 0.00000000 0.00000000 1.07198891 0.00000000 613.96474019 3-A1 0.00000000 0.00000000 3.24630850 0.00000000 712.51168825 3-A2 0.00000000 0.00000000 2.55415768 0.00000000 712.51168836 3-A3 0.00000000 0.00000000 2.87883880 0.00000000 712.51168840 3-AX 0.00000000 0.00000000 2.47265582 0.00000000 655.79673207 4-A1 0.00000000 0.00000000 2.86902640 0.00000000 792.54228160 4-A2 (0.00000007) 0.00000000 3.14357440 0.00000000 792.54228160 4-A3 0.00000000 0.00000000 2.86216270 0.00000000 792.54228160 4-A4 0.00000000 0.00000000 2.83470792 0.00000000 792.54228161 4-A5 0.00000000 0.00000000 3.08866400 0.00000000 792.54228000 4-AX 0.00000000 0.00000000 2.67366627 0.00000000 717.71468933 4-PAX 0.00000000 0.00000000 3.25487811 0.00000000 871.96333736 5-A 0.00000000 0.00000000 2.77138077 0.00000000 834.26501347 5-AX 0.00000000 0.00000000 2.72848167 0.00000000 818.70621202 6-A 0.00000000 0.00000000 3.23258726 0.00000000 843.27482535 6-AX 0.00000000 0.00000000 3.11978127 0.00000000 802.89563778 B1-I 0.00000000 0.00000000 1.92443115 0.00000000 997.17414609 B1X-I 0.00000000 0.00000000 1.27076737 0.00000000 997.17414609 B2-I 0.00000000 0.00000000 2.50633323 0.00000000 997.17414751 B2X-I 0.00000000 0.00000000 0.68886533 0.00000000 997.17414751 B1-II 0.00000000 0.00000000 2.07088774 0.00000000 997.04316427 B1X-II 0.00000000 0.00000000 1.80620071 0.00000000 997.04316427 B2-II 0.00000000 0.00000000 3.87708885 0.00000000 997.04316469 B-3 0.00000000 0.00000000 3.69840628 0.00000000 997.07748661 B-4 0.00000000 0.00000000 3.69840581 0.00000000 997.07748637 B-5 0.00000000 0.00000000 3.69840558 0.00000000 997.07748775 B-6 0.00000000 0.00000000 3.69840540 0.00000000 997.07748757 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 36,979,692.75 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 36,979,692.75 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 214,242.68 Payment of Interest and Principal 36,765,450.07 Total Withdrawals (Pool Distribution Amount) 36,979,692.75 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 209,778.19 Wells Fargo Bank, N.A. 4,464.49 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 214,242.68
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 2 0 0 2 380,995.41 0.00 0.00 380,995.41 30 Days 32 0 0 0 32 15,390,504.20 0.00 0.00 0.00 15,390,504.20 60 Days 7 0 0 0 7 3,776,257.08 0.00 0.00 0.00 3,776,257.08 90 Days 2 0 0 0 2 692,267.20 0.00 0.00 0.00 692,267.20 120 Days 0 0 1 0 1 0.00 0.00 292,000.00 0.00 292,000.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 1 0 1 0.00 0.00 459,000.00 0.00 459,000.00 Totals 41 2 2 0 45 19,859,028.48 380,995.41 751,000.00 0.00 20,991,023.89 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 0.076075% 0.000000% 0.000000% 0.076075% 0.040457% 0.000000% 0.000000% 0.040457% 30 Days 1.217193% 0.000000% 0.000000% 0.000000% 1.217193% 1.634298% 0.000000% 0.000000% 0.000000% 1.634298% 60 Days 0.266261% 0.000000% 0.000000% 0.000000% 0.266261% 0.400996% 0.000000% 0.000000% 0.000000% 0.400996% 90 Days 0.076075% 0.000000% 0.000000% 0.000000% 0.076075% 0.073511% 0.000000% 0.000000% 0.000000% 0.073511% 120 Days 0.000000% 0.000000% 0.038037% 0.000000% 0.038037% 0.000000% 0.000000% 0.031007% 0.000000% 0.031007% 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% 0.038037% 0.000000% 0.038037% 0.000000% 0.000000% 0.048741% 0.000000% 0.048741% Totals 1.559528% 0.076075% 0.076075% 0.000000% 1.711677% 2.108805% 0.040457% 0.079748% 0.000000% 2.229011%
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 1 0 0 1 111,995.41 0.00 0.00 111,995.41 30 Days 2 0 0 0 2 445,847.98 0.00 0.00 0.00 445,847.98 60 Days 1 0 0 0 1 129,200.00 0.00 0.00 0.00 129,200.00 90 Days 1 0 0 0 1 372,267.20 0.00 0.00 0.00 372,267.20 120 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 1 0 1 0.00 0.00 459,000.00 0.00 459,000.00 Totals 4 1 1 0 6 947,315.18 111,995.41 459,000.00 0.00 1,518,310.59 0-29 Days 0.199203% 0.000000% 0.000000% 0.199203% 0.058894% 0.000000% 0.000000% 0.058894% 30 Days 0.398406% 0.000000% 0.000000% 0.000000% 0.398406% 0.234454% 0.000000% 0.000000% 0.000000% 0.234454% 60 Days 0.199203% 0.000000% 0.000000% 0.000000% 0.199203% 0.067941% 0.000000% 0.000000% 0.000000% 0.067941% 90 Days 0.199203% 0.000000% 0.000000% 0.000000% 0.199203% 0.195761% 0.000000% 0.000000% 0.000000% 0.195761% 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% 0.199203% 0.000000% 0.199203% 0.000000% 0.000000% 0.241370% 0.000000% 0.241370% Totals 0.796813% 0.199203% 0.199203% 0.000000% 1.195219% 0.498156% 0.058894% 0.241370% 0.000000% 0.798420% 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 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 1 125,373.87 0.00 0.00 0.00 125,373.87 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.923077% 0.000000% 0.000000% 0.000000% 1.923077% 0.751037% 0.000000% 0.000000% 0.000000% 0.751037% 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 1.923077% 0.000000% 0.000000% 0.000000% 1.923077% 0.751037% 0.000000% 0.000000% 0.000000% 0.751037% 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 3,864,781.83 0.00 0.00 0.00 3,864,781.83 60 Days 1 0 0 0 1 446,603.07 0.00 0.00 0.00 446,603.07 90 Days 1 0 0 0 1 320,000.00 0.00 0.00 0.00 320,000.00 120 Days 0 0 1 0 1 0.00 0.00 292,000.00 0.00 292,000.00 150 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 11 0 1 0 12 4,631,384.90 0.00 292,000.00 0.00 4,923,384.90 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.982379% 0.000000% 0.000000% 0.000000% 1.982379% 2.468902% 0.000000% 0.000000% 0.000000% 2.468902% 60 Days 0.220264% 0.000000% 0.000000% 0.000000% 0.220264% 0.285299% 0.000000% 0.000000% 0.000000% 0.285299% 90 Days 0.220264% 0.000000% 0.000000% 0.000000% 0.220264% 0.204423% 0.000000% 0.000000% 0.000000% 0.204423% 120 Days 0.000000% 0.000000% 0.220264% 0.000000% 0.220264% 0.000000% 0.000000% 0.186536% 0.000000% 0.186536% 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 2.422907% 0.000000% 0.220264% 0.000000% 2.643172% 2.958624% 0.000000% 0.186536% 0.000000% 3.145160% 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 8 0 0 0 8 4,075,142.24 0.00 0.00 0.00 4,075,142.24 60 Days 1 0 0 0 1 1,145,500.00 0.00 0.00 0.00 1,145,500.00 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 5,220,642.24 0.00 0.00 0.00 5,220,642.24 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.937046% 0.000000% 0.000000% 0.000000% 1.937046% 2.556073% 0.000000% 0.000000% 0.000000% 2.556073% 60 Days 0.242131% 0.000000% 0.000000% 0.000000% 0.242131% 0.718498% 0.000000% 0.000000% 0.000000% 0.718498% 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 2.179177% 0.000000% 0.000000% 0.000000% 2.179177% 3.274571% 0.000000% 0.000000% 0.000000% 3.274571% 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 1 269,000.00 0.00 0.00 269,000.00 30 Days 11 0 0 0 11 6,631,687.79 0.00 0.00 0.00 6,631,687.79 60 Days 3 0 0 0 3 761,812.40 0.00 0.00 0.00 761,812.40 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 14 1 0 0 15 7,393,500.19 269,000.00 0.00 0.00 7,662,500.19 0-29 Days 0.131062% 0.000000% 0.000000% 0.131062% 0.101857% 0.000000% 0.000000% 0.101857% 30 Days 1.441678% 0.000000% 0.000000% 0.000000% 1.441678% 2.511098% 0.000000% 0.000000% 0.000000% 2.511098% 60 Days 0.393185% 0.000000% 0.000000% 0.000000% 0.393185% 0.288461% 0.000000% 0.000000% 0.000000% 0.288461% 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 1.834862% 0.131062% 0.000000% 0.000000% 1.965924% 2.799559% 0.101857% 0.000000% 0.000000% 2.901416% 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 1 0 0 0 1 1,293,141.61 0.00 0.00 0.00 1,293,141.61 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 1,293,141.61 0.00 0.00 0.00 1,293,141.61 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 0.371747% 0.000000% 0.000000% 0.000000% 0.371747% 1.438282% 0.000000% 0.000000% 0.000000% 1.438282% 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 0.371747% 0.000000% 0.000000% 0.000000% 0.371747% 1.438282% 0.000000% 0.000000% 0.000000% 1.438282% 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 1 247,670.49 0.00 0.00 0.00 247,670.49 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 1 247,670.49 0.00 0.00 0.00 247,670.49 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.568182% 0.000000% 0.000000% 0.000000% 0.568182% 0.381681% 0.000000% 0.000000% 0.000000% 0.381681% 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 0.568182% 0.000000% 0.000000% 0.000000% 0.568182% 0.381681% 0.000000% 0.000000% 0.000000% 0.381681%
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% 69,130,826.32 7.34289503% 0.832298% 0.000000% Class B1-II 35,225,605.13 2.98624140% 35,122,681.03 3.73063905% 3.612256% 0.000000% Class B2-I 31,876,605.13 2.70233080% 31,783,144.81 3.37592227% 0.354717% 0.000000% Class B2-II 23,120,605.13 1.96004321% 23,053,034.86 2.44863289% 0.927289% 0.000000% Class B-3 17,705,605.13 1.50098801% 17,653,860.27 1.87514673% 0.573486% 0.000000% Class B-4 9,450,605.13 0.80117256% 9,422,985.62 1.00088481% 0.874262% 0.000000% Class B-5 4,144,605.13 0.35135781% 4,132,492.47 0.43894251% 0.561942% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.438943% 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 0.03803846% Fraud 23,591,934.00 1.99999999% 23,591,934.00 2.50587334% Special Hazard 11,795,968.00 1.00000008% 9,414,655.40 1.00000000% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.270220% Weighted Average Net Coupon 5.011791% Weighted Average Pass-Through Rate 5.006291% Weighted Average Maturity (Stepdown Calculation ) 351 Beginning Scheduled Collateral Loan Count 2,710 Number Of Loans Paid In Full 81 Ending Scheduled Collateral Loan Count 2,629 Beginning Scheduled Collateral Balance 974,090,748.13 Ending Scheduled Collateral Balance 941,465,539.81 Ending Actual Collateral Balance at 31-Aug-2004 941,719,374.84 Monthly P&I Constant 4,642,749.18 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 941,465,539.81 Scheduled Principal 364,688.66 Unscheduled Principal 32,260,519.66
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 4.102276 4.110160 5.504688 Weighted Average Net Rate 3.851717 3.826455 5.254688 Weighted Average Maturity 351 346 351 Beginning Loan Count 518 55 472 Loans Paid In Full 16 3 18 Ending Loan Count 502 52 454 Beginning Scheduled Balance 196,759,242.40 18,251,380.97 162,421,923.15 Ending scheduled Balance 190,137,835.83 16,678,616.60 156,488,470.93 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 729,605.07 82,702.38 808,584.91 Scheduled Principal 56,971.15 20,188.97 63,516.57 Unscheduled Principal 6,564,435.42 1,552,575.40 5,869,935.65 Scheduled Interest 672,633.92 62,513.41 745,068.34 Servicing Fees 41,083.20 4,315.00 33,837.91 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 901.80 83.66 744.41 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 630,648.92 58,114.75 710,486.02 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 3.846217 3.820957 5.249188
Group Level Collateral Statement Group 4 5 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.757909 5.699486 5.231880 Weighted Average Net Rate 5.507909 5.446660 4.978500 Weighted Average Maturity 351 351 351 Beginning Loan Count 425 787 275 Loans Paid In Full 12 24 6 Ending Loan Count 413 763 269 Beginning Scheduled Balance 165,069,235.90 273,674,997.30 92,122,093.28 Ending scheduled Balance 159,407,149.80 264,050,448.13 89,840,966.28 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 817,351.32 1,365,126.70 495,973.75 Scheduled Principal 25,306.64 65,287.71 94,330.64 Unscheduled Principal 5,636,779.46 9,559,261.46 2,186,796.36 Scheduled Interest 792,044.68 1,299,838.99 401,643.11 Servicing Fees 34,389.42 57,660.14 19,451.60 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 756.51 1,254.36 422.22 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 756,898.75 1,240,924.49 381,769.29 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.502409 5.441160 4.972999
Group Level Collateral Statement Group 7 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 5.550559 5.270220 Weighted Average Net Rate 5.203265 5.011791 Weighted Average Maturity 350.00 351.00 Record Date 08/31/2004 08/31/2004 Principal And Interest Constant 343,405.05 4,642,749.18 Beginning Loan Count 178 2,710 Loans Paid In Full 2 81 Ending Loan Count 176 2,629 Beginning Scheduled Balance 65,791,875.13 974,090,748.13 Ending Scheduled Balance 64,862,052.24 941,465,539.81 Scheduled Principal 39,086.98 364,688.66 Unscheduled Principal 890,735.91 32,260,519.66 Scheduled Interest 304,318.07 4,278,060.52 Servicing Fee 19,040.92 209,778.19 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 301.53 4,464.49 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 284,975.62 4,063,817.84 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 5.197766 5.006291
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