-----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, Ez26Bjx8iSn5gXrdL26nIJTiZo7maewEGB1+XNr/KGSkxNRWIcuV+ns0K19gbYKU NbczdTPO4jtmOQzZ0+3GVQ== 0001056404-04-002574.txt : 20040804 0001056404-04-002574.hdr.sgml : 20040804 20040804152256 ACCESSION NUMBER: 0001056404-04-002574 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040725 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040804 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JP MORGAN MORTGAGE TRUST 2004-A1 MORT PASS THRU CERTS CENTRAL INDEX KEY: 0001281190 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-109775-02 FILM NUMBER: 04951570 BUSINESS ADDRESS: STREET 1: 60 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10260 8-K 1 jpa040a1_jul.txt JULY 8K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 26, 2004 J.P. MORGAN MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2004-A1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-109775-02 54-2147311 Pooling and Servicing Agreement) (Commission 54-2147312 (State or other File Number) 54-2147313 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, Maryland 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) ITEM 5. Other Events On July 26, 2004 a distribution was made to holders of J.P. MORGAN MORTGAGE TRUST, Mortgage Pass-Through Certificates, Series 2004-A1 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-A1 Trust, relating to the July 26, 2004 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. J.P. MORGAN MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2004-A1 Trust 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: 7/30/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-A1 Trust, relating to the July 26, 2004 distribution. EX-99.1
J.P. Morgan Acceptance Corporation I Mortgage Pass-Through Certificates Record Date: 6/30/04 Distribution Date: 7/26/04 JPMMT Series: 2004-A1 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 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 1-A-1 466247BL6 SEN 4.83965% 76,919,224.22 310,218.63 693,776.13 A-R 466247BV4 SEN 4.84384% 0.00 0.00 0.00 2-A-1 466247BM4 SEN 4.53977% 40,328,555.83 152,568.50 500,103.31 2-A-2 466247BN2 SEN 4.53977% 1,376,285.24 5,206.68 17,066.93 3-A-1 466247BP7 SEN 5.08055% 16,630,249.66 70,409.06 20,750.65 3-A-2 466247BQ5 SEN 5.08055% 567,563.63 2,402.95 708.19 4-A-1 466247BR3 SEN 4.50000% 85,474,897.80 320,530.87 686,676.86 4-A-2 466247BS1 IO 4.50000% 0.00 11,472.95 0.00 5-A-1 466247BT9 SEN 3.95000% 134,931,912.37 444,150.88 3,801,409.48 5-A-2 466247BU6 IO 3.95000% 0.00 88,742.23 0.00 B-1 466247BW2 SUB 4.73657% 6,564,465.71 25,910.88 4,795.86 B-2 466247BX0 SUB 4.73657% 2,666,813.57 10,526.29 1,948.32 B-3 466247BY8 SUB 4.73657% 1,435,975.01 5,668.00 1,049.09 B-4 466247BZ5 SUB 4.73657% 1,230,828.60 4,858.25 899.22 B-5 466247CA9 SUB 4.73657% 615,409.31 2,429.11 449.60 B-6 466247CB7 SUB 4.73657% 1,025,895.57 4,049.36 749.50 Totals 369,768,076.52 1,459,144.64 5,730,383.14
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 76,225,448.09 1,003,994.76 0.00 A-R 0.00 0.00 0.00 0.00 2-A-1 0.00 39,828,452.52 652,671.81 0.00 2-A-2 0.00 1,359,218.31 22,273.61 0.00 3-A-1 0.00 16,609,499.01 91,159.71 0.00 3-A-2 0.00 566,855.44 3,111.14 0.00 4-A-1 0.00 84,788,220.94 1,007,207.73 0.00 4-A-2 0.00 0.00 11,472.95 0.00 5-A-1 0.00 131,130,502.88 4,245,560.36 0.00 5-A-2 0.00 0.00 88,742.23 0.00 B-1 0.00 6,559,669.86 30,706.74 0.00 B-2 0.00 2,664,865.26 12,474.61 0.00 B-3 0.00 1,434,925.91 6,717.09 0.00 B-4 0.00 1,229,929.38 5,757.47 0.00 B-5 0.00 614,959.71 2,878.71 0.00 B-6 0.00 1,025,146.07 4,798.86 0.00 Totals 0.00 364,037,693.38 7,189,527.78 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) 1-A-1 83,097,200.00 76,919,224.22 769.15 693,006.98 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 2-A-1 42,248,300.00 40,328,555.83 52,189.88 447,913.43 0.00 0.00 2-A-2 1,441,800.00 1,376,285.24 1,781.07 15,285.86 0.00 0.00 3-A-1 17,797,500.00 16,630,249.66 19,722.31 1,028.33 0.00 0.00 3-A-2 607,400.00 567,563.63 673.09 35.10 0.00 0.00 4-A-1 89,323,800.00 85,474,897.80 3,989.34 682,687.52 0.00 0.00 4-A-2 0.00 0.00 0.00 0.00 0.00 0.00 5-A-1 163,371,600.00 134,931,912.37 171,722.94 3,629,686.54 0.00 0.00 5-A-2 0.00 0.00 0.00 0.00 0.00 0.00 B-1 6,583,460.00 6,564,465.71 4,795.86 0.00 0.00 0.00 B-2 2,674,530.00 2,666,813.57 1,948.32 0.00 0.00 0.00 B-3 1,440,130.00 1,435,975.01 1,049.09 0.00 0.00 0.00 B-4 1,234,390.00 1,230,828.60 899.22 0.00 0.00 0.00 B-5 617,190.00 615,409.31 449.60 0.00 0.00 0.00 B-6 1,028,864.00 1,025,895.57 749.50 0.00 0.00 0.00 Totals 411,466,264.00 369,768,076.52 260,739.37 5,469,643.76 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 1-A-1 693,776.13 76,225,448.09 0.91730465 693,776.13 A-R 0.00 0.00 0.00000000 0.00 2-A-1 500,103.31 39,828,452.52 0.94272320 500,103.31 2-A-2 17,066.93 1,359,218.31 0.94272320 17,066.93 3-A-1 20,750.65 16,609,499.01 0.93324900 20,750.65 3-A-2 708.19 566,855.44 0.93324900 708.19 4-A-1 686,676.86 84,788,220.94 0.94922317 686,676.86 4-A-2 0.00 0.00 0.00000000 0.00 5-A-1 3,801,409.48 131,130,502.88 0.80265176 3,801,409.48 5-A-2 0.00 0.00 0.00000000 0.00 B-1 4,795.86 6,559,669.86 0.99638638 4,795.86 B-2 1,948.32 2,664,865.26 0.99638638 1,948.32 B-3 1,049.09 1,434,925.91 0.99638637 1,049.09 B-4 899.22 1,229,929.38 0.99638638 899.22 B-5 449.60 614,959.71 0.99638638 449.60 B-6 749.50 1,025,146.07 0.99638637 749.50 Totals 5,730,383.14 364,037,693.38 0.88473278 5,730,383.14
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 83,097,200.00 925.65362275 0.00925603 8.33971518 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 42,248,300.00 954.56043983 1.23531314 10.60192789 0.00000000 2-A-2 1,441,800.00 954.56043834 1.23531003 10.60192815 0.00000000 3-A-1 17,797,500.00 934.41492682 1.10815058 0.05777946 0.00000000 3-A-2 607,400.00 934.41493250 1.10814949 0.05778729 0.00000000 4-A-1 89,323,800.00 956.91067554 0.04466156 7.64284009 0.00000000 4-A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 5-A-1 163,371,600.00 825.92024789 1.05111868 22.21736544 0.00000000 5-A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 6,583,460.00 997.11484690 0.72847105 0.00000000 0.00000000 B-2 2,674,530.00 997.11484635 0.72847192 0.00000000 0.00000000 B-3 1,440,130.00 997.11485074 0.72846896 0.00000000 0.00000000 B-4 1,234,390.00 997.11485025 0.72847317 0.00000000 0.00000000 B-5 617,190.00 997.11484308 0.72846287 0.00000000 0.00000000 B-6 1,028,864.00 997.11484705 0.72847335 0.00000000 0.00000000 (2) All Classes are Per $1,000 Denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A-1 0.00000000 8.34897120 917.30465154 0.91730465 8.34897120 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 11.83724103 942.72319880 0.94272320 11.83724103 2-A-2 0.00000000 11.83723817 942.72320017 0.94272320 11.83723817 3-A-1 0.00000000 1.16593061 933.24899621 0.93324900 1.16593061 3-A-2 0.00000000 1.16593678 933.24899572 0.93324900 1.16593678 4-A-1 0.00000000 7.68750165 949.22317389 0.94922317 7.68750165 4-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 5-A-1 0.00000000 23.26848412 802.65176371 0.80265176 23.26848412 5-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.72847105 996.38637738 0.99638638 0.72847105 B-2 0.00000000 0.72847192 996.38637817 0.99638638 0.72847192 B-3 0.00000000 0.72846896 996.38637484 0.99638637 0.72846896 B-4 0.00000000 0.72847317 996.38637708 0.99638638 0.72847317 B-5 0.00000000 0.72846287 996.38638021 0.99638638 0.72846287 B-6 0.00000000 0.72847335 996.38637371 0.99638637 0.72847335 (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 1-A-1 83,097,200.00 4.83965% 76,919,224.22 310,218.63 0.00 0.00 A-R 100.00 4.84384% 0.00 0.00 0.00 0.00 2-A-1 42,248,300.00 4.53977% 40,328,555.83 152,568.50 0.00 0.00 2-A-2 1,441,800.00 4.53977% 1,376,285.24 5,206.68 0.00 0.00 3-A-1 17,797,500.00 5.08055% 16,630,249.66 70,409.06 0.00 0.00 3-A-2 607,400.00 5.08055% 567,563.63 2,402.95 0.00 0.00 4-A-1 89,323,800.00 4.50000% 85,474,897.80 320,530.87 0.00 0.00 4-A-2 0.00 4.50000% 3,059,453.40 11,472.95 0.00 0.00 5-A-1 163,371,600.00 3.95000% 134,931,912.37 444,150.88 0.00 0.00 5-A-2 0.00 3.95000% 26,959,664.44 88,742.23 0.00 0.00 B-1 6,583,460.00 4.73657% 6,564,465.71 25,910.88 0.00 0.00 B-2 2,674,530.00 4.73657% 2,666,813.57 10,526.29 0.00 0.00 B-3 1,440,130.00 4.73657% 1,435,975.01 5,668.00 0.00 0.00 B-4 1,234,390.00 4.73657% 1,230,828.60 4,858.25 0.00 0.00 B-5 617,190.00 4.73657% 615,409.31 2,429.11 0.00 0.00 B-6 1,028,864.00 4.73657% 1,025,895.57 4,049.36 0.00 0.00 Totals 411,466,264.00 1,459,144.64 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 1-A-1 0.00 0.00 310,218.63 0.00 76,225,448.09 A-R 0.00 0.00 0.00 0.00 0.00 2-A-1 0.00 0.00 152,568.50 0.00 39,828,452.52 2-A-2 0.00 0.00 5,206.68 0.00 1,359,218.31 3-A-1 0.00 0.00 70,409.06 0.00 16,609,499.01 3-A-2 0.00 0.00 2,402.95 0.00 566,855.44 4-A-1 0.00 0.00 320,530.87 0.00 84,788,220.94 4-A-2 0.00 0.00 11,472.95 0.00 2,996,258.52 5-A-1 0.00 0.00 444,150.88 0.00 131,130,502.88 5-A-2 0.00 0.00 88,742.23 0.00 26,116,504.07 B-1 0.00 0.00 25,910.88 0.00 6,559,669.86 B-2 0.00 0.00 10,526.29 0.00 2,664,865.26 B-3 0.00 0.00 5,668.00 0.00 1,434,925.91 B-4 0.00 0.00 4,858.25 0.00 1,229,929.38 B-5 0.00 0.00 2,429.11 0.00 614,959.71 B-6 0.00 0.00 4,049.36 0.00 1,025,146.07 Totals 0.00 0.00 1,459,144.64 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 1-A-1 83,097,200.00 4.83965% 925.65362275 3.73320196 0.00000000 0.00000000 A-R 100.00 4.84384% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 42,248,300.00 4.53977% 954.56043983 3.61123406 0.00000000 0.00000000 2-A-2 1,441,800.00 4.53977% 954.56043834 3.61123596 0.00000000 0.00000000 3-A-1 17,797,500.00 5.08055% 934.41492682 3.95612080 0.00000000 0.00000000 3-A-2 607,400.00 5.08055% 934.41493250 3.95612446 0.00000000 0.00000000 4-A-1 89,323,800.00 4.50000% 956.91067554 3.58841507 0.00000000 0.00000000 4-A-2 0.00 4.50000% 885.66905145 3.32125887 0.00000000 0.00000000 5-A-1 163,371,600.00 3.95000% 825.92024789 2.71865416 0.00000000 0.00000000 5-A-2 0.00 3.95000% 817.21625821 2.69000355 0.00000000 0.00000000 B-1 6,583,460.00 4.73657% 997.11484690 3.93575415 0.00000000 0.00000000 B-2 2,674,530.00 4.73657% 997.11484635 3.93575320 0.00000000 0.00000000 B-3 1,440,130.00 4.73657% 997.11485074 3.93575580 0.00000000 0.00000000 B-4 1,234,390.00 4.73657% 997.11485025 3.93574964 0.00000000 0.00000000 B-5 617,190.00 4.73657% 997.11484308 3.93575722 0.00000000 0.00000000 B-6 1,028,864.00 4.73657% 997.11484705 3.93575827 0.00000000 0.00000000 (5) All Classes are Per $1,000 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 1-A-1 0.00000000 0.00000000 3.73320196 0.00000000 917.30465154 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 0.00000000 3.61123406 0.00000000 942.72319880 2-A-2 0.00000000 0.00000000 3.61123596 0.00000000 942.72320017 3-A-1 0.00000000 0.00000000 3.95612080 0.00000000 933.24899621 3-A-2 0.00000000 0.00000000 3.95612446 0.00000000 933.24899572 4-A-1 0.00000000 0.00000000 3.58841507 0.00000000 949.22317389 4-A-2 0.00000000 0.00000000 3.32125887 0.00000000 867.37501585 5-A-1 0.00000000 0.00000000 2.71865416 0.00000000 802.65176371 5-A-2 0.00000000 0.00000000 2.69000355 0.00000000 791.65791478 B-1 0.00000000 0.00000000 3.93575415 0.00000000 996.38637738 B-2 0.00000000 0.00000000 3.93575320 0.00000000 996.38637817 B-3 0.00000000 0.00000000 3.93575580 0.00000000 996.38637484 B-4 0.00000000 0.00000000 3.93574964 0.00000000 996.38637708 B-5 0.00000000 0.00000000 3.93575722 0.00000000 996.38638021 B-6 0.00000000 0.00000000 3.93575827 0.00000000 996.38637371 (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 7,281,986.06 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 11,332.20 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 7,293,318.26 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 103,790.48 Payment of Interest and Principal 7,189,527.78 Total Withdrawals (Pool Distribution Amount) 7,293,318.26 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 100,516.16 LPMI 192.88 Master Servicing Fee 3,081.44 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 103,790.48
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 5 0 0 0 5 2,154,979.31 0.00 0.00 0.00 2,154,979.31 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 5 0 0 0 5 2,154,979.31 0.00 0.00 0.00 2,154,979.31 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.648508% 0.000000% 0.000000% 0.000000% 0.648508% 0.591660% 0.000000% 0.000000% 0.000000% 0.591660% 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 0.648508% 0.000000% 0.000000% 0.000000% 0.648508% 0.591660% 0.000000% 0.000000% 0.000000% 0.591660%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 5 0 0 0 5 2,154,979.31 0.00 0.00 0.00 2,154,979.31 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 5 0 0 0 5 2,154,979.31 0.00 0.00 0.00 2,154,979.31 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.706485% 0.000000% 0.000000% 0.000000% 1.706485% 1.575298% 0.000000% 0.000000% 0.000000% 1.575298% 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 1.706485% 0.000000% 0.000000% 0.000000% 1.706485% 1.575298% 0.000000% 0.000000% 0.000000% 1.575298%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 11,332.20
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 411,466,164.00 99.99997570% 364,037,693.38 99.99999991% 96.283490% 0.000000% Class 1-A-1 328,368,964.00 79.80458976% 287,812,245.29 79.06111105% 20.938889% 563.401970% Class 2-A-1 286,120,664.00 69.53684640% 247,983,792.77 68.12036145% 10.940750% 294.382377% Class 2-A-2 284,678,864.00 69.18644101% 246,624,574.46 67.74698849% 0.373373% 10.046334% Class 3-A-1 266,881,364.00 64.86105602% 230,015,075.45 63.18441179% 4.562577% 122.765096% Class 3-A-2 266,273,964.00 64.71343760% 229,448,220.01 63.02869840% 0.155713% 4.189775% Class 4-A-1 176,950,164.00 43.00478058% 144,659,999.07 39.73764299% 23.291055% 626.691635% Class 4-A-2 176,950,164.00 43.00478058% 144,659,999.07 39.73764299% 0.000000% 0.000000% Class B-1 6,995,104.00 1.70004314% 6,969,826.33 1.91458919% 1.801921% 48.484214% Class B-2 4,320,574.00 1.05004332% 4,304,961.07 1.18255915% 0.732030% 19.696707% Class B-3 2,880,444.00 0.70004378% 2,870,035.16 0.78838956% 0.394170% 10.605908% Class B-4 1,646,054.00 0.40004592% 1,640,105.78 0.45053186% 0.337858% 9.090726% Class B-5 1,028,864.00 0.25004820% 1,025,146.07 0.28160437% 0.168927% 4.545326% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.281604% 7.577119% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.02430333% 100,000.00 0.02746968% Fraud 12,343,987.00 2.99999978% 12,343,987.00 3.39085408% Special Hazard 4,114,663.00 1.00000009% 3,640,376.94 1.00000000% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.072158% Weighted Average Net Coupon 4.745955% Weighted Average Pass-Through Rate 4.735329% Weighted Average Maturity(Stepdown Calculation ) 351 Beginning Scheduled Collateral Loan Count 782 Number Of Loans Paid In Full 11 Ending Scheduled Collateral Loan Count 771 Beginning Scheduled Collateral Balance 369,768,076.83 Ending Scheduled Collateral Balance 364,037,693.69 Ending Actual Collateral Balance at 30-Jun-2004 364,226,235.72 Monthly P &I Constant 1,823,674.43 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 7,126,194.29 Ending Scheduled Balance for Premium Loans 33,132,545.20 Scheduled Principal 260,739.38 Unscheduled Principal 5,469,643.76
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description 10/1 CMT ARM 7/1 CMT ARM 10/1 CMT ARM Weighted Average Coupon Rate 5.224653 4.930125 5.438411 Weighted Average Net Rate 4.849653 4.555126 5.090554 Weighted Average Maturity 351 350 351 Beginning Loan Count 163 101 40 Loans Paid In Full 1 1 0 Ending Loan Count 162 100 40 Beginning Scheduled Balance 79,754,924.43 43,188,287.97 17,823,000.29 Ending scheduled Balance 79,061,119.94 42,669,197.97 17,800,800.03 Record Date 06/30/2004 06/30/2004 06/30/2004 Principal And Interest Constant 348,040.68 233,327.10 101,910.83 Scheduled Principal 797.51 55,890.71 21,136.83 Unscheduled Principal 693,006.98 463,199.29 1,063.43 Scheduled Interest 347,243.17 177,436.39 80,774.00 Servicing Fees 24,923.40 13,496.32 5,166.55 Master Servicing Fees 664.63 359.90 148.54 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 0.00 192.88 0.00 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 321,655.14 163,387.29 75,458.91 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.839653 4.539766 5.080554
Group Level Collateral Statement Group Group 4 Group 5 Total Collateral Description 7/1 CMT ARM 5/1 CMT ARM Mixed ARM Weighted Average Coupon Rate 5.046071 4.999218 5.072158 Weighted Average Net Rate 4.671071 4.749218 4.745955 Weighted Average Maturity 351 351 351 Beginning Loan Count 177 301 782 Loans Paid In Full 1 8 11 Ending Loan Count 176 293 771 Beginning Scheduled Balance 88,522,689.94 140,479,174.20 369,768,076.83 Ending scheduled Balance 87,835,870.83 136,670,704.92 364,037,693.69 Record Date 06/30/2004 06/30/2004 06/30/2004 Principal And Interest Constant 376,374.75 764,021.07 1,823,674.43 Scheduled Principal 4,131.59 178,782.74 260,739.38 Unscheduled Principal 682,687.52 3,629,686.54 5,469,643.76 Scheduled Interest 372,243.16 585,238.33 1,562,935.05 Servicing Fees 27,663.37 29,266.52 100,516.16 Master Servicing Fees 737.71 1,170.66 3,081.44 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 0.00 0.00 192.88 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 343,842.08 554,801.15 1,459,144.57 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 4.661071 4.739218 4.735329
Miscellaneous Reporting Group Group 1 Senior Percentage 96.444483% Senior Prepayment Percentage 100.000000% Subordinate Percentage 3.555517% Subordinate Prepayment Percentage 0.000000% Interest Transfer 0 Principal Transfer 0 Group Group 2 Senior Percentage 96.565164% Senior Prepayment Percentage 100.000000% Subordinate Percentage 3.434836% Subordinate Prepayment Percentage 0.000000% Interest Transfer 0 Principal Transfer 0 Group Group 3 Senior Percentage 96.492246% Senior Prepayment Percentage 100.000000% Subordinate Percentage 3.507754% Subordinate Prepayment Percentage 0.000000% Interest Transfer 0 Principal Transfer 0
Miscellaneous Reporting Group Group 4 Senior Percentage 96.557050% Senior Prepayment Percentage 100.000000% Subordinate Percentage 3.442950% Subordinate Prepayment Percentage 0.000000% Interest Transfer 0 Principal Transfer 0 Group Group 5 Senior Percentage 96.051186% Senior Prepayment Percentage 100.000000% Subordinate Percentage 3.948814% Subordinate Prepayment Percentage 0.000000% Interest Transfer 0 Principal Transfer 0
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