-----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, QitwKMxsYzi2bK7kUi5gQ4SW+AV8WkdjeNsQXFr8yFwlUXgw2vJCBm0XEh11xaQu VjqgYgqXMcE/Y41w8z/sAQ== 0001056404-04-003185.txt : 20040930 0001056404-04-003185.hdr.sgml : 20040930 20040930093310 ACCESSION NUMBER: 0001056404-04-003185 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040925 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANC OF AMERICA MORT SEC INC MORT PAS THR CERT SERIES 2004 C CENTRAL INDEX KEY: 0001285180 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: 333-105940-28 FILM NUMBER: 041054155 BUSINESS ADDRESS: STREET 1: 201 NORTH TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 8-K 1 bam0400c_sep.txt SEPTEMBER 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): September 27, 2004 BANC OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2004-C Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-105940-28 54-2147335 Pooling and Servicing Agreement) (Commission 54-2147336 (State or other File Number) IRS EIN jurisdiction of Incorporation) 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 On September 27, 2004 a distribution was made to holders of BANC OF AMERICA MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2004-C 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-C 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. BANC OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2004-C Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/29/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-C Trust, relating to the September 27, 2004 distribution. EX-99.1
Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 8/31/2004 Distribution Date: 9/27/2004 BAM Series: 2004-C 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 05948X5P2 SEN 3.41755% 57,297,587.30 163,181.35 695,413.53 1-AR 05948X5Q0 SEN 3.44970% 0.00 0.00 0.00 1-A-LR 05948X5R8 SEN 3.44970% 0.00 0.13 0.00 2-A-1 05948X5S6 SEN 3.74140% 408,294,331.09 1,272,993.35 5,336,219.00 2-A-2 05948X5T4 SEN 4.05440% 142,742,776.20 482,280.15 1,865,582.39 3-A-1 05948X5U1 SEN 4.25941% 26,839,767.32 95,267.98 369,410.79 B-1 05948X5V9 SUB 3.79912% 9,429,334.06 29,852.67 5,564.28 B-2 05948X5W7 SUB 3.79912% 4,351,693.51 13,777.19 2,567.95 B-3 05948X5X5 SUB 3.79912% 1,813,870.42 5,742.60 1,070.37 B-4 05948X6B2 SUB 3.79912% 1,812,873.24 5,739.44 1,069.78 B-5 05948X6C0 SUB 3.79912% 1,449,899.72 4,590.29 855.59 B-6 05948X6D8 SUB 3.79912% 1,088,823.83 3,447.15 642.52 1-IO 05948X6E6 SEN 0.53000% 0.00 26,186.11 0.00 2-IO 05948X5Z0 SEN 0.46792% 0.00 221,564.45 0.00 3-IO 05948X6A4 SEN 0.80700% 0.00 18,574.01 0.00 SES 05948X5Y3 SEN 0.00000% 0.00 116,737.92 0.00 Totals 655,120,956.69 2,459,934.79 8,278,396.20
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 56,602,173.78 858,594.88 0.00 1-AR 0.00 0.00 0.00 0.00 1-A-LR 0.00 0.00 0.13 0.00 2-A-1 0.00 402,958,112.09 6,609,212.35 0.00 2-A-2 0.00 140,877,193.81 2,347,862.54 0.00 3-A-1 0.00 26,470,356.53 464,678.77 0.00 B-1 0.00 9,423,769.78 35,416.95 0.00 B-2 0.00 4,349,125.56 16,345.14 0.00 B-3 0.00 1,812,800.04 6,812.97 0.00 B-4 0.00 1,811,803.45 6,809.22 0.00 B-5 0.00 1,449,044.13 5,445.88 0.00 B-6 0.00 1,088,181.31 4,089.67 0.00 1-IO 0.00 0.00 26,186.11 0.00 2-IO 0.00 0.00 221,564.45 0.00 3-IO 0.00 0.00 18,574.01 0.00 SES 0.00 0.00 116,737.92 0.00 Totals 0.00 646,842,560.48 10,738,330.99 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 70,907,000.00 57,297,587.30 84,666.15 610,747.38 0.00 0.00 1-AR 50.00 0.00 0.00 0.00 0.00 0.00 1-A-LR 50.00 0.00 0.00 0.00 0.00 0.00 2-A-1 451,000,000.00 408,294,331.09 186,627.47 5,149,591.53 0.00 0.00 2-A-2 157,673,000.00 142,742,776.20 65,246.37 1,800,336.02 0.00 0.00 3-A-1 27,733,000.00 26,839,767.32 33,629.90 335,780.89 0.00 0.00 B-1 9,456,000.00 9,429,334.06 5,564.28 0.00 0.00 0.00 B-2 4,364,000.00 4,351,693.51 2,567.95 0.00 0.00 0.00 B-3 1,819,000.00 1,813,870.42 1,070.37 0.00 0.00 0.00 B-4 1,818,000.00 1,812,873.24 1,069.78 0.00 0.00 0.00 B-5 1,454,000.00 1,449,899.72 855.59 0.00 0.00 0.00 B-6 1,091,903.00 1,088,823.83 642.52 0.00 0.00 0.00 1-IO 0.00 0.00 0.00 0.00 0.00 0.00 2-IO 0.00 0.00 0.00 0.00 0.00 0.00 3-IO 0.00 0.00 0.00 0.00 0.00 0.00 SES 0.00 0.00 0.00 0.00 0.00 0.00 Totals 727,316,003.00 655,120,956.69 381,940.38 7,896,455.82 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-1 695,413.53 56,602,173.78 0.79825932 695,413.53 1-AR 0.00 0.00 0.00000000 0.00 1-A-LR 0.00 0.00 0.00000000 0.00 2-A-1 5,336,219.00 402,958,112.09 0.89347697 5,336,219.00 2-A-2 1,865,582.39 140,877,193.81 0.89347697 1,865,582.39 3-A-1 369,410.79 26,470,356.53 0.95447144 369,410.79 B-1 5,564.28 9,423,769.78 0.99659156 5,564.28 B-2 2,567.95 4,349,125.56 0.99659156 2,567.95 B-3 1,070.37 1,812,800.04 0.99659156 1,070.37 B-4 1,069.78 1,811,803.45 0.99659156 1,069.78 B-5 855.59 1,449,044.13 0.99659156 855.59 B-6 642.52 1,088,181.31 0.99659156 642.52 1-IO 0.00 0.00 0.00000000 0.00 2-IO 0.00 0.00 0.00000000 0.00 3-IO 0.00 0.00 0.00000000 0.00 SES 0.00 0.00 0.00000000 0.00 Totals 8,278,396.20 646,842,560.48 0.88935560 8,278,396.20
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 70,907,000.00 808.06672543 1.19404502 8.61335806 0.00000000 1-AR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 451,000,000.00 905.30893812 0.41380814 11.41816304 0.00000000 2-A-2 157,673,000.00 905.30893812 0.41380813 11.41816303 0.00000000 3-A-1 27,733,000.00 967.79170375 1.21263116 12.10762954 0.00000000 B-1 9,456,000.00 997.17999788 0.58843909 0.00000000 0.00000000 B-2 4,364,000.00 997.17999771 0.58843951 0.00000000 0.00000000 B-3 1,819,000.00 997.18000000 0.58843870 0.00000000 0.00000000 B-4 1,818,000.00 997.18000000 0.58843784 0.00000000 0.00000000 B-5 1,454,000.00 997.18000000 0.58843879 0.00000000 0.00000000 B-6 1,091,903.00 997.17999676 0.58844055 0.00000000 0.00000000 1-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 SES 0.00 0.00000000 0.00000000 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 9.80740308 798.25932249 0.79825932 9.80740308 1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 11.83197118 893.47696694 0.89347697 11.83197118 2-A-2 0.00000000 11.83197117 893.47696695 0.89347697 11.83197117 3-A-1 0.00000000 13.32026070 954.47144305 0.95447144 13.32026070 B-1 0.00000000 0.58843909 996.59155880 0.99659156 0.58843909 B-2 0.00000000 0.58843951 996.59155820 0.99659156 0.58843951 B-3 0.00000000 0.58843870 996.59155580 0.99659156 0.58843870 B-4 0.00000000 0.58843784 996.59155666 0.99659156 0.58843784 B-5 0.00000000 0.58843879 996.59156121 0.99659156 0.58843879 B-6 0.00000000 0.58844055 996.59155621 0.99659156 0.58844055 1-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 SES 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 1-A-1 70,907,000.00 3.41755% 57,297,587.30 163,181.35 0.00 0.00 1-AR 50.00 3.44970% 0.00 0.00 0.00 0.00 1-A-LR 50.00 3.44970% 0.00 0.00 0.00 0.00 2-A-1 451,000,000.00 3.74140% 408,294,331.09 1,272,993.36 0.00 0.00 2-A-2 157,673,000.00 4.05440% 142,742,776.20 482,280.15 0.00 0.00 3-A-1 27,733,000.00 4.25941% 26,839,767.32 95,267.98 0.00 0.00 B-1 9,456,000.00 3.79912% 9,429,334.06 29,852.67 0.00 0.00 B-2 4,364,000.00 3.79912% 4,351,693.51 13,777.19 0.00 0.00 B-3 1,819,000.00 3.79912% 1,813,870.42 5,742.60 0.00 0.00 B-4 1,818,000.00 3.79912% 1,812,873.24 5,739.44 0.00 0.00 B-5 1,454,000.00 3.79912% 1,449,899.72 4,590.29 0.00 0.00 B-6 1,091,903.00 3.79912% 1,088,823.83 3,447.15 0.00 0.00 1-IO 0.00 0.53000% 59,289,298.37 26,186.11 0.00 0.00 2-IO 0.00 0.46792% 568,212,308.69 221,564.45 0.00 0.00 3-IO 0.00 0.80700% 27,619,350.05 18,574.01 0.00 0.00 SES 0.00 0.00000% 655,120,957.11 0.00 0.00 0.00 Totals 727,316,003.00 2,343,196.75 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 0.00 163,181.35 0.00 56,602,173.78 1-AR 0.00 0.00 0.00 0.00 0.00 1-A-LR 0.00 0.00 0.13 0.00 0.00 2-A-1 0.00 0.00 1,272,993.35 0.00 402,958,112.09 2-A-2 0.00 0.00 482,280.15 0.00 140,877,193.81 3-A-1 0.00 0.00 95,267.98 0.00 26,470,356.53 B-1 0.00 0.00 29,852.67 0.00 9,423,769.78 B-2 0.00 0.00 13,777.19 0.00 4,349,125.56 B-3 0.00 0.00 5,742.60 0.00 1,812,800.04 B-4 0.00 0.00 5,739.44 0.00 1,811,803.45 B-5 0.00 0.00 4,590.29 0.00 1,449,044.13 B-6 0.00 0.00 3,447.15 0.00 1,088,181.31 1-IO 0.00 0.00 26,186.11 0.00 58,590,941.78 2-IO 0.00 0.00 221,564.45 0.00 561,002,656.68 3-IO 0.00 0.00 18,574.01 0.00 27,248,962.45 SES 0.00 0.00 116,737.92 0.00 646,842,560.91 Totals 0.00 0.00 2,459,934.79 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 70,907,000.00 3.41755% 808.06672543 2.30134331 0.00000000 0.00000000 1-AR 50.00 3.44970% 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 50.00 3.44970% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 451,000,000.00 3.74140% 905.30893812 2.82260169 0.00000000 0.00000000 2-A-2 157,673,000.00 4.05440% 905.30893812 3.05873644 0.00000000 0.00000000 3-A-1 27,733,000.00 4.25941% 967.79170375 3.43518480 0.00000000 0.00000000 B-1 9,456,000.00 3.79912% 997.17999788 3.15700825 0.00000000 0.00000000 B-2 4,364,000.00 3.79912% 997.17999771 3.15700962 0.00000000 0.00000000 B-3 1,819,000.00 3.79912% 997.18000000 3.15700935 0.00000000 0.00000000 B-4 1,818,000.00 3.79912% 997.18000000 3.15700770 0.00000000 0.00000000 B-5 1,454,000.00 3.79912% 997.18000000 3.15700825 0.00000000 0.00000000 B-6 1,091,903.00 3.79912% 997.17999676 3.15701120 0.00000000 0.00000000 1-IO 0.00 0.53000% 813.14923112 0.35914095 0.00000000 0.00000000 2-IO 0.00 0.46792% 907.85353472 0.35400160 0.00000000 0.00000000 3-IO 0.00 0.80700% 968.50933985 0.65132243 0.00000000 0.00000000 SES 0.00 0.00000% 900.73771788 0.00000000 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 2.30134331 0.00000000 798.25932249 1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 0.00000000 0.00000000 2.60000000 0.00000000 0.00000000 2-A-1 0.00000000 0.00000000 2.82260166 0.00000000 893.47696694 2-A-2 0.00000000 0.00000000 3.05873644 0.00000000 893.47696695 3-A-1 0.00000000 0.00000000 3.43518480 0.00000000 954.47144305 B-1 0.00000000 0.00000000 3.15700825 0.00000000 996.59155880 B-2 0.00000000 0.00000000 3.15700962 0.00000000 996.59155820 B-3 0.00000000 0.00000000 3.15700935 0.00000000 996.59155580 B-4 0.00000000 0.00000000 3.15700770 0.00000000 996.59155666 B-5 0.00000000 0.00000000 3.15700825 0.00000000 996.59156121 B-6 0.00000000 0.00000000 3.15701120 0.00000000 996.59155621 1-IO 0.00000000 0.00000000 0.35914095 0.00000000 803.57131167 2-IO 0.00000000 0.00000000 0.35400160 0.00000000 896.33441069 3-IO 0.00000000 0.00000000 0.65132243 0.00000000 955.52120475 SES 0.00000000 0.00000000 0.16050509 0.00000000 889.35560040 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage 1-SES 0.00000% 59,289,298.37 58,590,941.78 0.00 0.00 80.35713117% 2-SES 0.00000% 568,212,308.69 561,002,656.68 0.00 0.00 89.63344107% 3-SES 0.00000% 27,619,350.05 27,248,962.45 0.00 0.00 95.55212047%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 10,759,964.45 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 7,574.01 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 10,767,538.46 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 29,207.47 Payment of Interest and Principal 10,738,330.99 Total Withdrawals (Pool Distribution Amount) 10,767,538.46 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 27,296.71 Trustee Fee - Wells Fargo Bank, N.A. 1,910.76 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 29,207.47
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 2 0 0 0 2 1,154,664.15 0.00 0.00 0.00 1,154,664.15 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 1 0 1 0.00 0.00 580,000.00 0.00 580,000.00 150 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 2 0 1 0 3 1,154,664.15 0.00 580,000.00 0.00 1,734,664.15 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 0.168209% 0.000000% 0.000000% 0.000000% 0.168209% 0.176172% 0.000000% 0.000000% 0.000000% 0.176172% 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% 0.084104% 0.000000% 0.084104% 0.000000% 0.000000% 0.088493% 0.000000% 0.088493% 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 0.168209% 0.000000% 0.084104% 0.000000% 0.252313% 0.176172% 0.000000% 0.088493% 0.000000% 0.264666%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1- 3/1 ARM 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 2- 5/1 ARM 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 1,154,664.15 0.00 0.00 0.00 1,154,664.15 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 1 0 1 0.00 0.00 580,000.00 0.00 580,000.00 150 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 2 0 1 0 3 1,154,664.15 0.00 580,000.00 0.00 1,734,664.15 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.196078% 0.000000% 0.000000% 0.000000% 0.196078% 0.203140% 0.000000% 0.000000% 0.000000% 0.203140% 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% 0.098039% 0.000000% 0.098039% 0.000000% 0.000000% 0.102040% 0.000000% 0.102040% 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 0.196078% 0.000000% 0.098039% 0.000000% 0.294118% 0.203140% 0.000000% 0.102040% 0.000000% 0.305180% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3- 7/1 ARM No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 7,574.01
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.556899% Weighted Average Net Coupon 4.295586% Weighted Average Pass-Through Rate 4.292086% Weighted Average Maturity(Stepdown Calculation) 351 Beginning Scheduled Collateral Loan Count 1,202 Number Of Loans Paid In Full 13 Ending Scheduled Collateral Loan Count 1,189 Beginning Scheduled Collateral Balance 655,120,957.11 Ending Scheduled Collateral Balance 646,842,560.91 Ending Actual Collateral Balance at 31-Aug-2004 655,416,975.98 Monthly P &I Constant 2,869,707.53 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 646,842,560.91 Scheduled Principal 381,940.38 Unscheduled Principal 7,896,455.82
Miscellaneous Reporting Total Senior% 96.955296% Total Subordinate% 3.044704%
Group Level Collateral Statement Group 1- 3/1 ARM 2- 5/1 ARM 3- 7/1 ARM Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.326054 4.543899 5.319910 Weighted Average Net Rate 4.076054 4.293899 5.069910 Weighted Average Maturity 349 353 351 Beginning Loan Count 116 1,032 54 Loans Paid In Full 0 12 1 Ending Loan Count 116 1,020 53 Beginning Scheduled Balance 59,289,298.37 568,212,308.69 27,619,350.05 Ending scheduled Balance 58,590,941.78 561,002,656.68 27,248,962.45 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 301,349.82 2,411,307.28 157,050.43 Scheduled Principal 87,609.21 259,724.46 34,606.71 Unscheduled Principal 610,747.38 6,949,927.55 335,780.89 Scheduled Interest 213,740.61 2,151,582.82 122,443.72 Servicing Fees 12,351.94 118,377.56 5,754.04 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 172.93 1,657.28 80.55 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 6,175.96 0.00 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 195,039.78 2,031,547.98 116,609.13 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 3.947554 4.290399 5.066410
Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 4.556899 Weighted Average Net Rate 4.295586 Weighted Average Maturity 351 Beginning Loan Count 1,202 Loans Paid In Full 13 Ending Loan Count 1,189 Beginning Scheduled Balance 655,120,957.11 Ending scheduled Balance 646,842,560.91 Record Date 08/31/2004 Principal And Interest Constant 2,869,707.53 Scheduled Principal 381,940.38 Unscheduled Principal 7,896,455.82 Scheduled Interest 2,487,767.15 Servicing Fees 136,483.54 Master Servicing Fees 0.00 Trustee Fee 1,910.76 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 6,175.96 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 2,343,196.89 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 4.292086
Miscellaneous Reporting Group 1- 3/1 ARM CPR 11.700841% Subordinate% 3.359310% Subordinate Prepayment% 0.000000% Senior% 96.640690% Group 2- 5/1 ARM CPR 13.735113% Subordinate% 3.022673% Subordinate Prepayment% 0.000000% Senior% 96.977327% Group 3- 7/1 ARM CPR 13.667906% Subordinate% 2.822596% Subordinate Prepayment% 0.000000% Senior% 97.177404%
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