-----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, VjtLodoJifMhia3CgxtHqu6VrmuiH8OpFWQQdUqkBwQI1qLM9FZhe/Q6j6dOpovc nr7YbdsO1zwSYJBLrS/K3A== 0001056404-05-000116.txt : 20050104 0001056404-05-000116.hdr.sgml : 20050104 20050104092635 ACCESSION NUMBER: 0001056404-05-000116 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041227 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050104 DATE AS OF CHANGE: 20050104 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] IRS NUMBER: 000000000 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: 05504108 BUSINESS ADDRESS: STREET 1: 60 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10260 8-K 1 jpm040a1_dec.txt DECEMBER 8-K 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): December 27, 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 Pooling and Servicing Agreement) (Commission 54-2147311 (State or other File Number) 54-2147312 jurisdiction 54-2147313 of Incorporation) IRS EIN 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) 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 On December 27, 2004 a distribution was made to holders of J.P. MORGAN MORTGAGE TRUST, Mortgage Pass-Through Certificates, Series 2004-A1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-A1 Trust, relating to the December 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. J.P. MORGAN MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2004-A1 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: 1/3/2005 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 December 27, 2004 distribution. EX-99.1
J.P. Morgan Acceptance Corporation I Mortgage Pass-Through Certificates Record Date: 11/30/2004 Distribution Date: 12/27/2004 J.P. Morgan Acceptance Corporation I Mortgage Pass-Through Certificates 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 4.84060% 75,382,350.49 304,079.80 50,125.66 A-R 466247BV4 SEN 4.84065% 0.00 0.00 0.00 2-A-1 466247BM4 SEN 4.51590% 38,546,427.52 145,059.93 59,992.46 2-A-2 466247BN2 SEN 4.51590% 1,315,466.88 4,950.43 2,047.35 3-A-1 466247BP7 SEN 5.07997% 16,140,363.09 67,152.11 503,916.14 3-A-2 466247BQ5 SEN 5.07997% 550,844.59 2,291.79 17,197.85 4-A-1 466247BR3 SEN 4.50000% 82,254,128.74 308,453.05 116,097.03 4-A-2 466247BS1 IO 4.50000% 0.00 10,532.17 0.00 5-A-1 466247BT9 SEN 3.95000% 122,004,133.00 401,596.95 5,091,364.30 5-A-2 466247BU6 IO 3.95000% 0.00 79,752.11 0.00 B-1 466247BW2 SUB 4.73054% 6,540,223.59 25,761.91 4,931.10 B-2 466247BX0 SUB 4.73054% 2,656,965.21 10,465.77 2,003.26 B-3 466247BY8 SUB 4.73054% 1,430,672.05 5,635.41 1,078.68 B-4 466247BZ5 SUB 4.73054% 1,226,283.23 4,830.32 924.57 B-5 466247CA9 SUB 4.73054% 613,136.65 2,415.14 462.28 B-6 466247CB7 SUB 4.73054% 1,022,107.01 4,026.07 770.63 Totals 349,683,102.05 1,377,002.96 5,850,911.31
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 75,332,224.83 354,205.46 0.00 A-R 0.00 0.00 0.00 0.00 2-A-1 0.00 38,486,435.06 205,052.39 0.00 2-A-2 0.00 1,313,419.52 6,997.78 0.00 3-A-1 0.00 15,636,446.95 571,068.25 0.00 3-A-2 0.00 533,646.74 19,489.64 0.00 4-A-1 0.00 82,138,031.71 424,550.08 0.00 4-A-2 0.00 0.00 10,532.17 0.00 5-A-1 0.00 116,912,768.70 5,492,961.25 0.00 5-A-2 0.00 0.00 79,752.11 0.00 B-1 0.00 6,535,292.50 30,693.01 0.00 B-2 0.00 2,654,961.96 12,469.03 0.00 B-3 0.00 1,429,593.37 6,714.09 0.00 B-4 0.00 1,225,358.66 5,754.89 0.00 B-5 0.00 612,674.37 2,877.42 0.00 B-6 0.00 1,021,336.38 4,796.70 0.00 Totals 0.00 343,832,190.75 7,227,914.27 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 75,382,350.49 785.70 49,339.96 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 38,546,427.52 51,808.19 8,184.27 0.00 0.00 2-A-2 1,441,800.00 1,315,466.88 1,768.05 279.30 0.00 0.00 3-A-1 17,797,500.00 16,140,363.09 19,858.07 484,058.07 0.00 0.00 3-A-2 607,400.00 550,844.59 677.72 16,520.12 0.00 0.00 4-A-1 89,323,800.00 82,254,128.74 3,342.05 112,754.98 0.00 0.00 4-A-2 0.00 0.00 0.00 0.00 0.00 0.00 5-A-1 163,371,600.00 122,004,133.00 160,970.35 4,930,393.95 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 6,540,223.59 4,931.10 0.00 0.00 0.00 B-2 2,674,530.00 2,656,965.21 2,003.26 0.00 0.00 0.00 B-3 1,440,130.00 1,430,672.05 1,078.68 0.00 0.00 0.00 B-4 1,234,390.00 1,226,283.23 924.57 0.00 0.00 0.00 B-5 617,190.00 613,136.65 462.28 0.00 0.00 0.00 B-6 1,028,864.00 1,022,107.01 770.63 0.00 0.00 0.00 Totals 411,466,264.00 349,683,102.05 249,380.65 5,601,530.65 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 50,125.66 75,332,224.83 0.90655551 50,125.66 A-R 0.00 0.00 0.00000000 0.00 2-A-1 59,992.46 38,486,435.06 0.91095819 59,992.46 2-A-2 2,047.35 1,313,419.52 0.91095819 2,047.35 3-A-1 503,916.14 15,636,446.95 0.87857547 503,916.14 3-A-2 17,197.85 533,646.74 0.87857547 17,197.85 4-A-1 116,097.03 82,138,031.71 0.91955371 116,097.03 4-A-2 0.00 0.00 0.00000000 0.00 5-A-1 5,091,364.30 116,912,768.70 0.71562480 5,091,364.30 5-A-2 0.00 0.00 0.00000000 0.00 B-1 4,931.10 6,535,292.50 0.99268356 4,931.10 B-2 2,003.26 2,654,961.96 0.99268356 2,003.26 B-3 1,078.68 1,429,593.37 0.99268356 1,078.68 B-4 924.57 1,225,358.66 0.99268356 924.57 B-5 462.28 612,674.37 0.99268357 462.28 B-6 770.63 1,021,336.38 0.99268356 770.63 Totals 5,850,911.31 343,832,190.75 0.83562669 5,850,911.31
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 83,097,200.00 907.15873086 0.00945519 0.59376200 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 42,248,300.00 912.37819084 1.22627869 0.19371833 0.00000000 2-A-2 1,441,800.00 912.37819392 1.22627965 0.19371619 0.00000000 3-A-1 17,797,500.00 906.88934345 1.11577862 27.19809355 0.00000000 3-A-2 607,400.00 906.88934804 1.11577214 27.19809022 0.00000000 4-A-1 89,323,800.00 920.85344264 0.03741500 1.26231732 0.00000000 4-A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 5-A-1 163,371,600.00 746.78911757 0.98530191 30.17901490 0.00000000 5-A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 6,583,460.00 993.43257041 0.74901344 0.00000000 0.00000000 B-2 2,674,530.00 993.43256946 0.74901385 0.00000000 0.00000000 B-3 1,440,130.00 993.43257206 0.74901571 0.00000000 0.00000000 B-4 1,234,390.00 993.43256993 0.74900963 0.00000000 0.00000000 B-5 617,190.00 993.43257344 0.74900760 0.00000000 0.00000000 B-6 1,028,864.00 993.43257224 0.74901056 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 0.60321720 906.55551366 0.90655551 0.60321720 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 1.41999702 910.95819382 0.91095819 1.41999702 2-A-2 0.00000000 1.41999584 910.95819115 0.91095819 1.41999584 3-A-1 0.00000000 28.31387217 878.57547127 0.87857547 28.31387217 3-A-2 0.00000000 28.31387883 878.57546921 0.87857547 28.31387883 4-A-1 0.00000000 1.29973232 919.55371032 0.91955371 1.29973232 4-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 5-A-1 0.00000000 31.16431681 715.62480076 0.71562480 31.16431681 5-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.74901344 992.68355849 0.99268356 0.74901344 B-2 0.00000000 0.74901385 992.68355935 0.99268356 0.74901385 B-3 0.00000000 0.74901571 992.68355635 0.99268356 0.74901571 B-4 0.00000000 0.74900963 992.68356030 0.99268356 0.74900963 B-5 0.00000000 0.74900760 992.68356584 0.99268357 0.74900760 B-6 0.00000000 0.74901056 992.68356168 0.99268356 0.74901056 (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 4.84060% 75,382,350.49 304,079.75 0.00 0.00 A-R 100.00 4.84065% 0.00 0.00 0.00 0.00 2-A-1 42,248,300.00 4.51590% 38,546,427.52 145,059.90 0.00 0.00 2-A-2 1,441,800.00 4.51590% 1,315,466.88 4,950.43 0.00 0.00 3-A-1 17,797,500.00 5.07997% 16,140,363.09 68,327.10 0.00 0.00 3-A-2 607,400.00 5.07997% 550,844.59 2,331.89 0.00 0.00 4-A-1 89,323,800.00 4.50000% 82,254,128.74 308,452.98 0.00 0.00 4-A-2 0.00 4.50000% 2,808,577.48 10,532.17 0.00 0.00 5-A-1 163,371,600.00 3.95000% 122,004,133.00 401,596.94 0.00 0.00 5-A-2 0.00 3.95000% 24,228,487.81 79,752.11 0.00 0.00 B-1 6,583,460.00 4.73054% 6,540,223.59 25,782.33 0.00 0.00 B-2 2,674,530.00 4.73054% 2,656,965.21 10,474.07 0.00 0.00 B-3 1,440,130.00 4.73054% 1,430,672.05 5,639.88 0.00 0.00 B-4 1,234,390.00 4.73054% 1,226,283.23 4,834.15 0.00 0.00 B-5 617,190.00 4.73054% 613,136.65 2,417.06 0.00 0.00 B-6 1,028,864.00 4.73054% 1,022,107.01 4,029.27 0.00 0.00 Totals 411,466,264.00 1,378,260.03 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 (0.05) 0.00 304,079.80 0.00 75,332,224.83 A-R 0.00 0.00 0.00 0.00 0.00 2-A-1 (0.04) 0.00 145,059.93 0.00 38,486,435.06 2-A-2 0.00 0.00 4,950.43 0.00 1,313,419.52 3-A-1 1,174.99 0.00 67,152.11 0.00 15,636,446.95 3-A-2 40.10 0.00 2,291.79 0.00 533,646.74 4-A-1 (0.07) 0.00 308,453.05 0.00 82,138,031.71 4-A-2 0.00 0.00 10,532.17 0.00 2,800,131.40 5-A-1 (0.01) 0.00 401,596.95 0.00 116,912,768.70 5-A-2 0.00 0.00 79,752.11 0.00 23,288,943.80 B-1 20.42 0.00 25,761.91 0.00 6,535,292.50 B-2 8.30 0.00 10,465.77 0.00 2,654,961.96 B-3 4.47 0.00 5,635.41 0.00 1,429,593.37 B-4 3.83 0.00 4,830.32 0.00 1,225,358.66 B-5 1.91 0.00 2,415.14 0.00 612,674.37 B-6 3.19 0.00 4,026.07 0.00 1,021,336.38 Totals 1,257.04 0.00 1,377,002.96 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 4.84060% 907.15873086 3.65932607 0.00000000 0.00000000 A-R 100.00 4.84065% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 42,248,300.00 4.51590% 912.37819084 3.43350857 0.00000000 0.00000000 2-A-2 1,441,800.00 4.51590% 912.37819392 3.43350673 0.00000000 0.00000000 3-A-1 17,797,500.00 5.07997% 906.88934345 3.83914033 0.00000000 0.00000000 3-A-2 607,400.00 5.07997% 906.88934804 3.83913401 0.00000000 0.00000000 4-A-1 89,323,800.00 4.50000% 920.85344264 3.45320038 0.00000000 0.00000000 4-A-2 0.00 4.50000% 813.04397467 3.04891619 0.00000000 0.00000000 5-A-1 163,371,600.00 3.95000% 746.78911757 2.45818086 0.00000000 0.00000000 5-A-2 0.00 3.95000% 734.42732176 2.41749006 0.00000000 0.00000000 B-1 6,583,460.00 4.73054% 993.43257041 3.91622794 0.00000000 0.00000000 B-2 2,674,530.00 4.73054% 993.43256946 3.91622827 0.00000000 0.00000000 B-3 1,440,130.00 4.73054% 993.43257206 3.91622978 0.00000000 0.00000000 B-4 1,234,390.00 4.73054% 993.43256993 3.91622583 0.00000000 0.00000000 B-5 617,190.00 4.73054% 993.43257344 3.91623325 0.00000000 0.00000000 B-6 1,028,864.00 4.73054% 993.43257224 3.91623188 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 (0.00000060) 0.00000000 3.65932667 0.00000000 906.55551366 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 (0.00000095) 0.00000000 3.43350928 0.00000000 910.95819382 2-A-2 0.00000000 0.00000000 3.43350673 0.00000000 910.95819115 3-A-1 0.06601995 0.00000000 3.77312038 0.00000000 878.57547127 3-A-2 0.06601910 0.00000000 3.77311492 0.00000000 878.57546921 4-A-1 (0.00000078) 0.00000000 3.45320116 0.00000000 919.55371032 4-A-2 0.00000000 0.00000000 3.04891619 0.00000000 810.59895241 5-A-1 (0.00000006) 0.00000000 2.45818092 0.00000000 715.62480076 5-A-2 0.00000000 0.00000000 2.41749006 0.00000000 705.94734412 B-1 0.00310171 0.00000000 3.91312623 0.00000000 992.68355849 B-2 0.00310335 0.00000000 3.91312492 0.00000000 992.68355935 B-3 0.00310389 0.00000000 3.91312590 0.00000000 992.68355635 B-4 0.00310275 0.00000000 3.91312308 0.00000000 992.68356030 B-5 0.00309467 0.00000000 3.91312238 0.00000000 992.68356584 B-6 0.00310051 0.00000000 3.91312166 0.00000000 992.68356168 (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 7,304,129.06 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 22,522.38 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 7,326,651.44 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 98,737.17 Payment of Interest and Principal 7,227,914.27 Total Withdrawals (Pool Distribution Amount) 7,326,651.44 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 1,257.04 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 1,257.04
SERVICING FEES Gross Servicing Fee 95,631.42 LPMI 191.73 Master Servicing Fee 2,914.02 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 98,737.17
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 2 818,511.33 0.00 0.00 818,511.33 30 Days 9 0 0 0 9 4,551,622.91 0.00 0.00 0.00 4,551,622.91 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 9 2 0 0 11 4,551,622.91 818,511.33 0.00 0.00 5,370,134.24 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 0.273973% 0.000000% 0.000000% 0.273973% 0.237926% 0.000000% 0.000000% 0.237926% 30 Days 1.232877% 0.000000% 0.000000% 0.000000% 1.232877% 1.323071% 0.000000% 0.000000% 0.000000% 1.323071% 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 1.232877% 0.273973% 0.000000% 0.000000% 1.506849% 1.323071% 0.237926% 0.000000% 0.000000% 1.560996%
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 2 0 0 0 2 1,494,381.49 0.00 0.00 0.00 1,494,381.49 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 2 0 0 0 2 1,494,381.49 0.00 0.00 0.00 1,494,381.49 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.257862% 0.000000% 0.000000% 0.000000% 1.257862% 1.911742% 0.000000% 0.000000% 0.000000% 1.911742% 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 1.257862% 0.000000% 0.000000% 0.000000% 1.257862% 1.911742% 0.000000% 0.000000% 0.000000% 1.911742% 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 1 0 0 0 1 424,227.20 0.00 0.00 0.00 424,227.20 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 1 424,227.20 0.00 0.00 0.00 424,227.20 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.030928% 0.000000% 0.000000% 0.000000% 1.030928% 1.026743% 0.000000% 0.000000% 0.000000% 1.026743% 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 1.030928% 0.000000% 0.000000% 0.000000% 1.030928% 1.026743% 0.000000% 0.000000% 0.000000% 1.026743% 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 1 0 0 0 1 346,143.70 0.00 0.00 0.00 346,143.70 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 1 346,143.70 0.00 0.00 0.00 346,143.70 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.631579% 0.000000% 0.000000% 0.000000% 2.631579% 2.059692% 0.000000% 0.000000% 0.000000% 2.059692% 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 2.631579% 0.000000% 0.000000% 0.000000% 2.631579% 2.059692% 0.000000% 0.000000% 0.000000% 2.059692% 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 2 0 0 2 818,511.33 0.00 0.00 818,511.33 30 Days 5 0 0 0 5 2,286,870.52 0.00 0.00 0.00 2,286,870.52 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 2 0 0 7 2,286,870.52 818,511.33 0.00 0.00 3,105,381.85 0-29 Days 0.757576% 0.000000% 0.000000% 0.757576% 0.667959% 0.000000% 0.000000% 0.667959% 30 Days 1.893939% 0.000000% 0.000000% 0.000000% 1.893939% 1.866236% 0.000000% 0.000000% 0.000000% 1.866236% 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 1.893939% 0.757576% 0.000000% 0.000000% 2.651515% 1.866236% 0.667959% 0.000000% 0.000000% 2.534195%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 22,522.38
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 411,466,164.00 99.99997570% 343,832,190.75 99.99999991% 96.079710% 0.000000% Class 1-A-1 328,368,964.00 79.80458976% 268,499,965.92 78.09040948% 21.909590% 558.876851% Class 2-A-1 286,120,664.00 69.53684640% 230,013,530.86 66.89703199% 11.193377% 285.524258% Class 2-A-2 284,678,864.00 69.18644101% 228,700,111.34 66.51503765% 0.381994% 9.744034% Class 3-A-1 266,881,364.00 64.86105602% 213,063,664.39 61.96734044% 4.547697% 116.004117% Class 3-A-2 266,273,964.00 64.71343760% 212,530,017.65 61.81213487% 0.155206% 3.959034% Class 4-A-1 176,950,164.00 43.00478058% 130,391,985.94 37.92314662% 23.888988% 609.367964% Class 4-A-2 176,950,164.00 43.00478058% 130,391,985.94 37.92314662% 0.000000% 0.000000% Class B-1 6,995,104.00 1.70004314% 6,943,924.74 2.01956795% 1.900722% 48.484214% Class B-2 4,320,574.00 1.05004332% 4,288,962.78 1.24740001% 0.772168% 19.696707% Class B-3 2,880,444.00 0.70004378% 2,859,369.41 0.83161771% 0.415782% 10.605908% Class B-4 1,646,054.00 0.40004592% 1,634,010.75 0.47523495% 0.356383% 9.090726% Class B-5 1,028,864.00 0.25004820% 1,021,336.38 0.29704501% 0.178190% 4.545326% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.297045% 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 0.02908396% Fraud 12,343,987.00 2.99999978% 12,343,987.00 3.59011963% Special Hazard 4,114,663.00 1.00000009% 3,552,502.44 1.03320821% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.068580% Weighted Average Net Coupon 4.739745% Weighted Average Pass-Through Rate 4.729745% Weighted Average Maturity(Stepdown Calculation ) 346 Beginning Scheduled Collateral Loan Count 740 Number Of Loans Paid In Full 10 Ending Scheduled Collateral Loan Count 730 Beginning Scheduled Collateral Balance 349,683,102.36 Ending Scheduled Collateral Balance 343,832,191.06 Ending Actual Collateral Balance at 30-Nov-2004 344,019,622.93 Monthly P &I Constant 1,726,377.88 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 7,165,824.05 Ending Scheduled Balance for Premium Loans 32,780,891.29 Scheduled Principal 249,380.65 Unscheduled Principal 5,601,530.65
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 5.225599 4.906468 5.439902 Weighted Average Net Rate 4.850598 4.531468 5.089969 Weighted Average Maturity 346 345 346 Beginning Loan Count 159 97 39 Loans Paid In Full 0 0 1 Ending Loan Count 159 97 38 Beginning Scheduled Balance 78,217,906.10 41,335,609.79 17,312,644.19 Ending scheduled Balance 78,167,750.89 41,271,589.24 16,790,765.63 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 341,428.07 224,566.84 99,782.94 Scheduled Principal 815.25 55,556.98 21,300.37 Unscheduled Principal 49,339.96 8,463.57 500,578.19 Scheduled Interest 340,612.82 169,009.86 78,482.57 Servicing Fees 24,443.11 12,917.38 5,048.55 Master Servicing Fees 651.84 344.45 144.26 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 0.00 191.73 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 315,517.87 155,556.30 73,289.76 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 4.840599 4.515902 5.079968
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 5.038653 4.994420 5.068580 Weighted Average Net Rate 4.663653 4.744421 4.739745 Weighted Average Maturity 346 346 346 Beginning Loan Count 172 273 740 Loans Paid In Full 0 9 10 Ending Loan Count 172 264 730 Beginning Scheduled Balance 85,301,270.56 127,515,671.72 349,683,102.36 Ending scheduled Balance 85,185,049.72 122,417,035.58 343,832,191.06 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 361,635.45 698,964.58 1,726,377.88 Scheduled Principal 3,465.86 168,242.19 249,380.65 Unscheduled Principal 112,754.98 4,930,393.95 5,601,530.65 Scheduled Interest 358,169.59 530,722.39 1,476,997.23 Servicing Fees 26,656.63 26,565.75 95,631.42 Master Servicing Fees 710.87 1,062.60 2,914.02 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 0.00 191.73 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 330,802.09 503,094.04 1,378,260.06 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 4.653653 4.734420 4.729745
Miscellaneous Reporting Group Group 1 Senior Percentage 96.374800% Senior Prepayment Percentage 100.000000% Subordinate Percentage 3.625200% Subordinate Prepayment Percentage 0.000000% Interest Transfer 0 Principal Transfer 0 Group Group 2 Senior Percentage 96.434756% Senior Prepayment Percentage 100.000000% Subordinate Percentage 3.565244% Subordinate Prepayment Percentage 0.000000% Interest Transfer 0 Principal Transfer 0 Group Group 3 Senior Percentage 96.410505% Senior Prepayment Percentage 100.000000% Subordinate Percentage 3.589495% Subordinate Prepayment Percentage 0.000000% Interest Transfer 0 Principal Transfer 0
Miscellaneous Reporting Group Group 4 Senior Percentage 96.427788% Senior Prepayment Percentage 100.000000% Subordinate Percentage 3.572212% Subordinate Prepayment Percentage 0.000000% Interest Transfer 0 Principal Transfer 0 Group Group 5 Senior Percentage 95.677756% Senior Prepayment Percentage 100.000000% Subordinate Percentage 4.322244% Subordinate Prepayment Percentage 0.000000% Interest Transfer 0 Principal Transfer 0
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