-----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, OAgvJQ841hRV2ipPWcni8FE7Z23Kf8PHS4ALwVGRuPT1xPRtaEk3zVD0ZPLijqDk sGrdu5QVAX1RZruLvKl5xg== 0001056404-05-002491.txt : 20050706 0001056404-05-002491.hdr.sgml : 20050706 20050706121354 ACCESSION NUMBER: 0001056404-05-002491 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050601 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050706 DATE AS OF CHANGE: 20050706 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MORTGAGE ASSET SEC TRANSACTION INC MASTR ASSET SEC TR 2004-4 CENTRAL INDEX KEY: 0001285624 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: 333-106982-23 FILM NUMBER: 05939609 BUSINESS ADDRESS: STREET 1: 1285 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 MAIL ADDRESS: STREET 1: 1285 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10010 8-K 1 mst04004_10506.txt 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): June 27, 2005 MASTR ASSET SECURITIZATION TRUST Mortgage Pass-Through Certificates, Series 2004-4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106982-23 Pooling and Servicing Agreement) (Commission 54-2147380 (State or other File Number) 54-2147381 jurisdiction 54-2147382 of Incorporation) 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 On June 27, 2005 a distribution was made to holders of MASTR ASSET SECURITIZATION TRUST, Mortgage Pass-Through Certificates, Series 2004-4 Trust. (Group 2, 3, and Subordinate Certificates) On June 28, 2005 a distribution was made to holders of MASTR ASSET SECURITIZATION TRUST, Mortgage Pass-Through Certificates, Series 2004-4 Trust. (Class 1 and Class PO Certificates) 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 2004-4 Trust (Group 2, 3, and Subordinate Certificates), relating to the June 27, 2005 distribution. EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-4 Trust (Class 1 and Class PO Certificates), relating to the June 28, 2005 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. MASTR ASSET SECURITIZATION TRUST Mortgage Pass-Through Certificates, Series 2004-4 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 6/29/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-4 Trust (Group 2, 3, and Subordinate Certificates), relating to the June 27, 2005 distribution. EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-4 Trust (Class 1 and Class PO Certificates), relating to the June 28, 2005 distribution. EX-99.1
Mortgage Asset Securitization Transactions, Inc. Mortgage Pass-Through Certificates Record Date: 5/31/2005 Distribution Date: 6/27/2005 Mortgage Asset Securitization Transactions, Inc. Mortgage Pass-Through Certificates Series 2004-4 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution PO 57643MAS3 PO 0.00000% 346,737.65 0.00 1-A-1 57643MAD6 SEN 5.25000% 90,541,601.86 396,119.51 1-A-2 57643MAE4 LOCK 5.25000% 731,000.00 3,198.12 1-A-3 57643MAF1 LOCK 5.25000% 500,000.00 2,187.50 1-A-4 57643MBD5 ACCR 5.25000% 7,055,745.63 30,868.89 1-A-5 57643MBE3 ACCR 5.25000% 3,618,468.21 15,830.80 1-A-6 57643MAG9 SEN 5.25000% 10,630,254.37 46,507.36 1-A-7 57643MAH7 LOCK 5.25000% 13,894,000.00 60,786.25 1-A-8 57643MAJ3 IO 5.50000% 0.00 12,983.54 2-A-1 57643MAK0 SEN 5.00000% 68,526,434.82 285,113.51 2-A-2 57643MAL8 SEN 3.54000% 6,229,675.89 18,350.94 2-A-3 57643MAM6 IO 4.46000% 0.00 23,120.11 2-A-4 57643MAN4 ACCR 5.25000% 7,060,277.55 30,844.00 2-A-5 57643MAP9 ACCR 5.25000% 6,236,000.00 27,243.01 2-A-6 57643MAQ7 LOCK 5.25000% 16,245,000.00 70,969.00 2-A-7 57643MBF0 SEN 5.25000% 10,629,722.45 46,437.72 2-A-8 57643MBG8 LOCK 5.25000% 1,000,000.00 4,368.67 3-A-1 57643MAR5 SEN 4.50000% 37,773,276.58 141,444.75 30-AX 57643MAU8 IO 5.25000% 0.00 51,486.34 15-AX 57643MAT1 IO 4.50000% 0.00 14,098.28 A-UR 57643MAW4 SEN 4.50000% 0.00 0.00 A-LR 57643MAV6 SEN 4.50000% 0.00 0.03 B-1 57643MAX2 SUB 5.09680% 3,203,063.41 13,584.78 B-2 57643MAY0 SUB 5.09680% 1,067,687.80 4,528.26 B-3 57643MAZ7 SUB 5.09680% 639,831.21 2,713.64 B-4 57643MBA1 SUB 5.09680% 426,879.75 1,810.48 B-5 57643MBB9 SUB 5.09680% 320,404.03 1,358.89 B-6 57643MBC7 SUB 5.09680% 320,913.10 1,361.05 Totals 286,996,974.31 1,307,315.43
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses PO 3,616.12 0.00 343,121.52 3,616.12 0.00 1-A-1 872,741.52 0.00 89,668,860.34 1,268,861.03 0.00 1-A-2 0.00 0.00 731,000.00 3,198.12 0.00 1-A-3 0.00 0.00 500,000.00 2,187.50 0.00 1-A-4 46,507.36 0.00 7,009,238.26 77,376.25 0.00 1-A-5 0.00 0.00 3,618,468.21 15,830.80 0.00 1-A-6 (46,507.36) 0.00 10,676,761.73 0.00 0.00 1-A-7 0.00 0.00 13,894,000.00 60,786.25 0.00 1-A-8 0.00 0.00 0.00 12,983.54 0.00 2-A-1 791,290.24 0.00 67,735,144.57 1,076,403.75 0.00 2-A-2 71,935.48 0.00 6,157,740.42 90,286.42 0.00 2-A-3 0.00 0.00 0.00 23,120.11 0.00 2-A-4 46,437.72 0.00 7,013,839.83 77,281.72 0.00 2-A-5 0.00 0.00 6,236,000.00 27,243.01 0.00 2-A-6 0.00 0.00 16,245,000.00 70,969.00 0.00 2-A-7 (46,437.72) 0.00 10,676,160.17 0.00 0.00 2-A-8 0.00 0.00 1,000,000.00 4,368.67 0.00 3-A-1 172,949.70 0.00 37,600,326.87 314,394.45 0.00 30-AX 0.00 0.00 0.00 51,486.34 0.00 15-AX 0.00 0.00 0.00 14,098.28 0.00 A-UR 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.03 0.00 B-1 5,674.85 0.00 3,197,388.56 19,259.63 0.00 B-2 1,891.62 0.00 1,065,796.19 6,419.88 0.00 B-3 1,133.59 0.00 638,697.62 3,847.23 0.00 B-4 756.30 0.00 426,123.45 2,566.78 0.00 B-5 567.66 0.00 319,836.37 1,926.55 0.00 B-6 568.56 0.00 320,344.54 1,929.61 0.06 Totals 1,923,125.64 0.00 285,073,848.65 3,230,441.07 0.06 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) PO 379,773.88 346,737.65 462.65 3,153.48 0.00 0.00 1-A-1 110,811,000.00 90,541,601.86 79,090.33 793,651.20 0.00 0.00 1-A-2 731,000.00 731,000.00 0.00 0.00 0.00 0.00 1-A-3 500,000.00 500,000.00 0.00 0.00 0.00 0.00 1-A-4 7,686,000.00 7,055,745.63 4,214.63 42,292.73 0.00 0.00 1-A-5 3,618,468.21 3,618,468.21 0.00 0.00 0.00 0.00 1-A-6 10,000,000.00 10,630,254.37 0.00 0.00 (46,507.36) 0.00 1-A-7 13,894,000.00 13,894,000.00 0.00 0.00 0.00 0.00 1-A-8 0.00 0.00 0.00 0.00 0.00 0.00 2-A-1 115,841,000.00 68,526,434.82 121,018.86 670,271.39 0.00 0.00 2-A-2 10,531,000.00 6,229,675.89 11,001.71 60,933.76 0.00 0.00 2-A-3 0.00 0.00 0.00 0.00 0.00 0.00 2-A-4 7,690,000.00 7,060,277.55 7,102.12 39,335.60 0.00 0.00 2-A-5 6,236,000.00 6,236,000.00 0.00 0.00 0.00 0.00 2-A-6 16,245,000.00 16,245,000.00 0.00 0.00 0.00 0.00 2-A-7 10,000,000.00 10,629,722.45 0.00 0.00 (46,437.72) 0.00 2-A-8 1,000,000.00 1,000,000.00 0.00 0.00 0.00 0.00 3-A-1 44,817,000.00 37,773,276.58 160,046.81 12,902.89 0.00 0.00 30-AX 0.00 0.00 0.00 0.00 0.00 0.00 15-AX 0.00 0.00 0.00 0.00 0.00 0.00 A-UR 50.00 0.00 0.00 0.00 0.00 0.00 A-LR 50.00 0.00 0.00 0.00 0.00 0.00 B-1 3,279,000.00 3,203,063.41 5,674.85 0.00 0.00 0.00 B-2 1,093,000.00 1,067,687.80 1,891.62 0.00 0.00 0.00 B-3 655,000.00 639,831.21 1,133.59 0.00 0.00 0.00 B-4 437,000.00 426,879.75 756.30 0.00 0.00 0.00 B-5 328,000.00 320,404.03 567.66 0.00 0.00 0.00 B-6 328,521.14 320,913.10 568.56 0.00 0.00 0.00 Totals 366,100,863.23 286,996,974.31 393,529.69 1,622,541.05 (92,945.08) 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 PO 3,616.12 343,121.52 0.90348899 3,616.12 1-A-1 872,741.52 89,668,860.34 0.80920541 872,741.52 1-A-2 0.00 731,000.00 1.00000000 0.00 1-A-3 0.00 500,000.00 1.00000000 0.00 1-A-4 46,507.36 7,009,238.26 0.91194877 46,507.36 1-A-5 0.00 3,618,468.21 1.00000000 0.00 1-A-6 (46,507.36) 10,676,761.73 1.06767617 (46,507.36) 1-A-7 0.00 13,894,000.00 1.00000000 0.00 1-A-8 0.00 0.00 0.00000000 0.00 2-A-1 791,290.24 67,735,144.57 0.58472514 791,290.24 2-A-2 71,935.48 6,157,740.42 0.58472514 71,935.48 2-A-3 0.00 0.00 0.00000000 0.00 2-A-4 46,437.72 7,013,839.83 0.91207280 46,437.72 2-A-5 0.00 6,236,000.00 1.00000000 0.00 2-A-6 0.00 16,245,000.00 1.00000000 0.00 2-A-7 (46,437.72) 10,676,160.17 1.06761602 (46,437.72) 2-A-8 0.00 1,000,000.00 1.00000000 0.00 3-A-1 172,949.70 37,600,326.87 0.83897465 172,949.70 30-AX 0.00 0.00 0.00000000 0.00 15-AX 0.00 0.00 0.00000000 0.00 A-UR 0.00 0.00 0.00000000 0.00 A-LR 0.00 0.00 0.00000000 0.00 B-1 5,674.85 3,197,388.56 0.97511088 5,674.85 B-2 1,891.62 1,065,796.19 0.97511088 1,891.62 B-3 1,133.59 638,697.62 0.97511087 1,133.59 B-4 756.30 426,123.45 0.97511087 756.30 B-5 567.66 319,836.37 0.97511088 567.66 B-6 568.56 320,344.54 0.97511089 568.56 Totals 1,923,125.64 285,073,848.65 0.77867571 1,923,125.64
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion PO 379,773.88 913.01078947 1.21822491 8.30357264 0.00000000 1-A-1 110,811,000.00 817.08135348 0.71374078 7.16220592 0.00000000 1-A-2 731,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-3 500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-4 7,686,000.00 917.99969165 0.54835155 5.50256700 0.00000000 1-A-5 3,618,468.21 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-6 10,000,000.00 1063.02543700 0.00000000 0.00000000 (4.65073600) 1-A-7 13,894,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-8 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 115,841,000.00 591.55596740 1.04469799 5.78613263 0.00000000 2-A-2 10,531,000.00 591.55596714 1.04469756 5.78613237 0.00000000 2-A-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-4 7,690,000.00 918.11151495 0.92355267 5.11516255 0.00000000 2-A-5 6,236,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-6 16,245,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-7 10,000,000.00 1062.97224500 0.00000000 0.00000000 (4.64377200) 2-A-8 1,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-A-1 44,817,000.00 842.83366981 3.57111833 0.28790169 0.00000000 30-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 15-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 3,279,000.00 976.84154010 1.73066484 0.00000000 0.00000000 B-2 1,093,000.00 976.84153705 1.73066789 0.00000000 0.00000000 B-3 655,000.00 976.84154198 1.73067176 0.00000000 0.00000000 B-4 437,000.00 976.84153318 1.73066362 0.00000000 0.00000000 B-5 328,000.00 976.84155488 1.73067073 0.00000000 0.00000000 B-6 328,521.14 976.84155120 1.73066488 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 PO 0.00000000 9.52177122 903.48899192 0.90348899 9.52177122 1-A-1 0.00000000 7.87594661 809.20540686 0.80920541 7.87594661 1-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-4 0.00000000 6.05091855 911.94877179 0.91194877 6.05091855 1-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-6 0.00000000 (4.65073600) 1,067.67617300 1.06767617 (4.65073600) 1-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-8 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 6.83083053 584.72513678 0.58472514 6.83083053 2-A-2 0.00000000 6.83083088 584.72513721 0.58472514 6.83083088 2-A-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-4 0.00000000 6.03871521 912.07279974 0.91207280 6.03871521 2-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-7 0.00000000 (4.64377200) 1,067.61601700 1.06761602 (4.64377200) 2-A-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-A-1 0.00000000 3.85902001 838.97464957 0.83897465 3.85902001 30-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 15-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 1.73066484 975.11087527 0.97511088 1.73066484 B-2 0.00000000 1.73066789 975.11087832 0.97511088 1.73066789 B-3 0.00000000 1.73067176 975.11087023 0.97511087 1.73067176 B-4 0.00000000 1.73066362 975.11086957 0.97511087 1.73066362 B-5 0.00000000 1.73067073 975.11088415 0.97511088 1.73067073 B-6 0.00000000 1.73066488 975.11088632 0.97511089 1.73066488 (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 PO 379,773.88 0.00000% 346,737.65 0.00 0.00 0.00 1-A-1 110,811,000.00 5.25000% 90,541,601.86 396,119.51 0.00 0.00 1-A-2 731,000.00 5.25000% 731,000.00 3,198.12 0.00 0.00 1-A-3 500,000.00 5.25000% 500,000.00 2,187.50 0.00 0.00 1-A-4 7,686,000.00 5.25000% 7,055,745.63 30,868.89 0.00 0.00 1-A-5 3,618,468.21 5.25000% 3,618,468.21 15,830.80 0.00 0.00 1-A-6 10,000,000.00 5.25000% 10,630,254.37 46,507.36 0.00 0.00 1-A-7 13,894,000.00 5.25000% 13,894,000.00 60,786.25 0.00 0.00 1-A-8 0.00 5.50000% 2,832,771.30 12,983.54 0.00 0.00 2-A-1 115,841,000.00 5.00000% 68,526,434.82 285,526.81 0.00 0.00 2-A-2 10,531,000.00 3.54000% 6,229,675.89 18,377.54 0.00 0.00 2-A-3 0.00 4.46000% 6,229,675.89 23,153.63 0.00 0.00 2-A-4 7,690,000.00 5.25000% 7,060,277.55 30,888.71 0.00 0.00 2-A-5 6,236,000.00 5.25000% 6,236,000.00 27,282.50 0.00 0.00 2-A-6 16,245,000.00 5.25000% 16,245,000.00 71,071.88 0.00 0.00 2-A-7 10,000,000.00 5.25000% 10,629,722.45 46,505.04 0.00 0.00 2-A-8 1,000,000.00 5.25000% 1,000,000.00 4,375.00 0.00 0.00 3-A-1 44,817,000.00 4.50000% 37,773,276.58 141,649.79 0.00 0.00 30-AX 0.00 5.25000% 11,785,366.71 51,560.98 0.00 0.00 15-AX 0.00 4.50000% 3,764,992.09 14,118.72 0.00 0.00 A-UR 50.00 4.50000% 0.00 0.00 0.00 0.00 A-LR 50.00 4.50000% 0.00 0.00 0.00 0.00 B-1 3,279,000.00 5.09680% 3,203,063.41 13,604.47 0.00 0.00 B-2 1,093,000.00 5.09680% 1,067,687.80 4,534.82 0.00 0.00 B-3 655,000.00 5.09680% 639,831.21 2,717.58 0.00 0.00 B-4 437,000.00 5.09680% 426,879.75 1,813.10 0.00 0.00 B-5 328,000.00 5.09680% 320,404.03 1,360.86 0.00 0.00 B-6 328,521.14 5.09680% 320,913.10 1,363.02 0.00 0.00 Totals 366,100,863.23 1,308,386.42 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 PO 0.00 0.00 0.00 0.00 343,121.52 1-A-1 0.00 0.00 396,119.51 0.00 89,668,860.34 1-A-2 0.00 0.00 3,198.12 0.00 731,000.00 1-A-3 0.00 0.00 2,187.50 0.00 500,000.00 1-A-4 0.00 0.00 30,868.89 0.00 7,009,238.26 1-A-5 0.00 0.00 15,830.80 0.00 3,618,468.21 1-A-6 0.00 0.00 46,507.36 0.00 10,676,761.73 1-A-7 0.00 0.00 60,786.25 0.00 13,894,000.00 1-A-8 0.00 0.00 12,983.54 0.00 2,802,225.54 2-A-1 413.30 0.00 285,113.51 0.00 67,735,144.57 2-A-2 26.60 0.00 18,350.94 0.00 6,157,740.42 2-A-3 33.52 0.00 23,120.11 0.00 6,157,740.42 2-A-4 44.71 0.00 30,844.00 0.00 7,013,839.83 2-A-5 39.49 0.00 27,243.01 0.00 6,236,000.00 2-A-6 102.88 0.00 70,969.00 0.00 16,245,000.00 2-A-7 67.32 0.00 46,437.72 0.00 10,676,160.17 2-A-8 6.33 0.00 4,368.67 0.00 1,000,000.00 3-A-1 205.04 0.00 141,444.75 0.00 37,600,326.87 30-AX 74.64 0.00 51,486.34 0.00 11,715,107.49 15-AX 20.44 0.00 14,098.28 0.00 3,748,372.06 A-UR 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.03 0.00 0.00 B-1 19.69 0.00 13,584.78 0.00 3,197,388.56 B-2 6.56 0.00 4,528.26 0.00 1,065,796.19 B-3 3.93 0.00 2,713.64 0.00 638,697.62 B-4 2.62 0.00 1,810.48 0.00 426,123.45 B-5 1.97 0.00 1,358.89 0.00 319,836.37 B-6 1.97 0.00 1,361.05 0.00 320,344.54 Totals 1,071.01 0.00 1,307,315.43 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 PO 379,773.88 0.00000% 913.01078947 0.00000000 0.00000000 0.00000000 1-A-1 110,811,000.00 5.25000% 817.08135348 3.57473094 0.00000000 0.00000000 1-A-2 731,000.00 5.25000% 1000.00000000 4.37499316 0.00000000 0.00000000 1-A-3 500,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 1-A-4 7,686,000.00 5.25000% 917.99969165 4.01624902 0.00000000 0.00000000 1-A-5 3,618,468.21 5.25000% 1000.00000000 4.37500044 0.00000000 0.00000000 1-A-6 10,000,000.00 5.25000% 1063.02543700 4.65073600 0.00000000 0.00000000 1-A-7 13,894,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 1-A-8 0.00 5.50000% 829.03892788 3.79976318 0.00000000 0.00000000 2-A-1 115,841,000.00 5.00000% 591.55596740 2.46481652 0.00000000 0.00000000 2-A-2 10,531,000.00 3.54000% 591.55596714 1.74508974 0.00000000 0.00000000 2-A-3 0.00 4.46000% 591.55596714 2.19861647 0.00000000 0.00000000 2-A-4 7,690,000.00 5.25000% 918.11151495 4.01673732 0.00000000 0.00000000 2-A-5 6,236,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 2-A-6 16,245,000.00 5.25000% 1000.00000000 4.37500031 0.00000000 0.00000000 2-A-7 10,000,000.00 5.25000% 1062.97224500 4.65050400 0.00000000 0.00000000 2-A-8 1,000,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 3-A-1 44,817,000.00 4.50000% 842.83366981 3.16062632 0.00000000 0.00000000 30-AX 0.00 5.25000% 645.77196143 2.82525237 0.00000000 0.00000000 15-AX 0.00 4.50000% 790.78032014 2.96542613 0.00000000 0.00000000 A-UR 50.00 4.50000% 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 4.50000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 3,279,000.00 5.09680% 976.84154010 4.14896920 0.00000000 0.00000000 B-2 1,093,000.00 5.09680% 976.84153705 4.14896615 0.00000000 0.00000000 B-3 655,000.00 5.09680% 976.84154198 4.14897710 0.00000000 0.00000000 B-4 437,000.00 5.09680% 976.84153318 4.14897025 0.00000000 0.00000000 B-5 328,000.00 5.09680% 976.84155488 4.14896341 0.00000000 0.00000000 B-6 328,521.14 5.09680% 976.84155120 4.14895675 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 PO 0.00000000 0.00000000 0.00000000 0.00000000 903.48899192 1-A-1 0.00000000 0.00000000 3.57473094 0.00000000 809.20540686 1-A-2 0.00000000 0.00000000 4.37499316 0.00000000 1000.00000000 1-A-3 0.00000000 0.00000000 4.37500000 0.00000000 1000.00000000 1-A-4 0.00000000 0.00000000 4.01624902 0.00000000 911.94877179 1-A-5 0.00000000 0.00000000 4.37500044 0.00000000 1000.00000000 1-A-6 0.00000000 0.00000000 4.65073600 0.00000000 1067.67617300 1-A-7 0.00000000 0.00000000 4.37500000 0.00000000 1000.00000000 1-A-8 0.00000000 0.00000000 3.79976318 0.00000000 820.09940491 2-A-1 0.00356782 0.00000000 2.46124869 0.00000000 584.72513678 2-A-2 0.00252588 0.00000000 1.74256386 0.00000000 584.72513721 2-A-3 0.00318298 0.00000000 2.19543348 0.00000000 584.72513721 2-A-4 0.00581404 0.00000000 4.01092328 0.00000000 912.07279974 2-A-5 0.00633258 0.00000000 4.36866742 0.00000000 1000.00000000 2-A-6 0.00633303 0.00000000 4.36866728 0.00000000 1000.00000000 2-A-7 0.00673200 0.00000000 4.64377200 0.00000000 1067.61601700 2-A-8 0.00633000 0.00000000 4.36867000 0.00000000 1000.00000000 3-A-1 0.00457505 0.00000000 3.15605128 0.00000000 838.97464957 30-AX 0.00408985 0.00000000 2.82116251 0.00000000 641.92215043 15-AX 0.00429312 0.00000000 2.96113301 0.00000000 787.28953122 A-UR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.60000000 0.00000000 0.00000000 B-1 0.00600488 0.00000000 4.14296432 0.00000000 975.11087527 B-2 0.00600183 0.00000000 4.14296432 0.00000000 975.11087832 B-3 0.00600000 0.00000000 4.14296183 0.00000000 975.11087023 B-4 0.00599542 0.00000000 4.14297483 0.00000000 975.11086957 B-5 0.00600610 0.00000000 4.14295732 0.00000000 975.11088415 B-6 0.00599657 0.00000000 4.14296018 0.00000000 975.11088632 (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 PO-1 0.00000% 0.00 0.00 276,198.80 275,595.61 90.40119812% PO-2 0.00000% 0.00 0.00 70,538.85 67,525.92 90.13608929%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 3,268,867.58 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 3,268,867.58 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 38,426.51 Payment of Interest and Principal 3,230,441.07 Total Withdrawals (Pool Distribution Amount) 3,268,867.58 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 1,071.01 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 1,071.01
SERVICING FEES Gross Servicing Fee 33,281.20 Master Servicing Fee 743.22 Trust Administrator Fee - Wells Fargo 2,650.98 WMMSC Master Servicing Fee 1,751.11 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 38,426.51
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT 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 3 0 0 0 3 1,761,139.87 0.00 0.00 0.00 1,761,139.87 60 Days 1 0 0 0 1 624,814.13 0.00 0.00 0.00 624,814.13 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 4 0 0 0 4 2,385,954.00 0.00 0.00 0.00 2,385,954.00 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 0.914634% 0.000000% 0.000000% 0.000000% 0.914634% 1.107998% 0.000000% 0.000000% 0.000000% 1.107998% 60 Days 0.304878% 0.000000% 0.000000% 0.000000% 0.304878% 0.393094% 0.000000% 0.000000% 0.000000% 0.393094% 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 1.219512% 0.000000% 0.000000% 0.000000% 1.219512% 1.501092% 0.000000% 0.000000% 0.000000% 1.501092%
Delinquency Status By Groups
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 3 0 0 0 3 1,761,139.87 0.00 0.00 0.00 1,761,139.87 60 Days 1 0 0 0 1 624,814.13 0.00 0.00 0.00 624,814.13 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 4 0 0 0 4 2,385,954.00 0.00 0.00 0.00 2,385,954.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.209677% 0.000000% 0.000000% 0.000000% 1.209677% 1.467665% 0.000000% 0.000000% 0.000000% 1.467665% 60 Days 0.403226% 0.000000% 0.000000% 0.000000% 0.403226% 0.520696% 0.000000% 0.000000% 0.000000% 0.520696% 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 1.612903% 0.000000% 0.000000% 0.000000% 1.612903% 1.988361% 0.000000% 0.000000% 0.000000% 1.988361% 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%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 14,497.03
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.02731488% 100,000.00 0.06301200% Fraud 2,185,555.00 0.59698166% 2,185,555.00 1.37716197% Special Hazard 2,696,283.00 0.73648638% 2,660,005.60 1.67612279% Limit of Subordinate's Exposure to Certain Types of Losses
REO Detail - All Mortgage Loans in REO during Current Period
Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jul-04 0.000% Original Principal Balance 0.00 Aug-04 0.000% Current Principal Balance 0.00 Sep-04 0.000% Oct-04 0.000% Current REO Total Nov-04 0.000% Loans in REO 0 Dec-04 0.000% Original Principal Balance 0.00 Jan-05 0.000% Current Principal Balance 0.00 Feb-05 0.000% Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jul-04 0.000% Original Principal Balance 0.00 Aug-04 0.000% Current Principal Balance 0.00 Sep-04 0.000% Oct-04 0.000% Current REO Total Nov-04 0.000% Loans in REO 0 Dec-04 0.000% Original Principal Balance 0.00 Jan-05 0.000% Current Principal Balance 0.00 Feb-05 0.000% Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 3 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jul-04 0.000% Original Principal Balance 0.00 Aug-04 0.000% Current Principal Balance 0.00 Sep-04 0.000% Oct-04 0.000% Current REO Total Nov-04 0.000% Loans in REO 0 Dec-04 0.000% Original Principal Balance 0.00 Jan-05 0.000% Current Principal Balance 0.00 Feb-05 0.000% Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
REO Loan Detail - All Mortgage Loans in REO during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number REO Date State Origination Balance No REO loans this period.
REO Loan Detail - All Mortgage Loans in REO during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest No REO loans this period.
Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period
Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jul-04 0.000% Original Principal Balance 0.00 Aug-04 0.000% Current Principal Balance 0.00 Sep-04 0.000% Oct-04 0.000% Current Foreclosure Total Nov-04 0.000% Loans in Foreclosure 0 Dec-04 0.000% Original Principal Balance 0.00 Jan-05 0.000% Current Principal Balance 0.00 Feb-05 0.000% Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jul-04 0.000% Original Principal Balance 0.00 Aug-04 0.000% Current Principal Balance 0.00 Sep-04 0.000% Oct-04 0.000% Current Foreclosure Total Nov-04 0.000% Loans in Foreclosure 0 Dec-04 0.000% Original Principal Balance 0.00 Jan-05 0.000% Current Principal Balance 0.00 Feb-05 0.000% Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 3 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jul-04 0.000% Original Principal Balance 0.00 Aug-04 0.000% Current Principal Balance 0.00 Sep-04 0.000% Oct-04 0.000% Current Foreclosure Total Nov-04 0.000% Loans in Foreclosure 0 Dec-04 0.000% Original Principal Balance 0.00 Jan-05 0.000% Current Principal Balance 0.00 Feb-05 0.000% Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance No Foreclosure loans this period.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest No Foreclosure loans this period.
COLLATERAL STATEMENT Collateral Description Mixed Fixed Ratio Strip Weighted Average Gross Coupon 5.826715% Weighted Average Pass-Through Rate 4.611944% Weighted Average Maturity(Stepdown Calculation) 300 Beginning Scheduled Collateral Loan Count 330 Number Of Loans Paid In Full 2 Ending Scheduled Collateral Loan Count 328 Beginning Scheduled Collateral Balance 159,749,705.43 Ending Scheduled Collateral Balance 158,699,924.50 Ending Actual Collateral Balance at 01-Jun-2005 158,947,909.56 Monthly P&I Constant 1,078,447.21 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Non-PO Optimal Amount 3,188,293.39 Class AP Deferred Amount 0.00 Scheduled Principal 302,767.25 Unscheduled Principal 747,013.68
Miscellaneous Reporting Underlying Certificate 1- P&I 964,640.95 Underlying Certificate 2- P&I 380,428.12 Underlying Certificate 3- P&I 99,408.60 Group 2 Senior Prepayment % 100.000000% Group 3 Senior Prepayment % 100.000000% Group 2 Senior % 96.057910% Group 3 Senior % 96.868066% Group 2 Junior % 3.942090% Group 3 Junior % 3.131934%
Group Level Collateral Statement Group Group 2 Group 3 Total Collateral Description Fixed 30 Year Ratio Strip Fixed 15 Year Mixed Fixed Ratio Strip Weighted Average Coupon Rate 6.032779 5.188593 5.826715 Weighted Average Net Rate 5.782778 4.938593 5.576715 Weighted Average Maturity 341 163 300 Beginning Loan Count 250 80 330 Loans Paid In Full 2 0 2 Ending Loan Count 248 80 328 Beginning Scheduled Balance 120,755,145.13 38,994,560.30 159,749,705.43 Ending Scheduled Balance 119,883,488.53 38,816,435.97 158,699,924.50 Record Date 06/01/2005 06/01/2005 06/01/2005 Principal And Interest Constant 744,620.02 333,827.19 1,078,447.21 Scheduled Principal 137,545.81 165,221.44 302,767.25 Unscheduled Principal 734,110.79 12,902.89 747,013.68 Scheduled Interest 607,074.21 168,605.75 775,679.96 Servicing Fees 25,157.34 8,123.86 33,281.20 Master Servicing Fees 609.68 133.54 743.22 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 1,751.11 0.00 1,751.11 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 579,556.08 160,348.35 739,904.43 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
Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Principal Principal Principal Group Count Balance Balance Count Balance Balance Total 2 724,000.00 708,450.69 0 0.00 0.00
Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount Total 0 0.00 0.00 0 0.00 0.00 39,374.84
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group 2 0050430080 CA 68.25 01-Sep-2003 389,000.00 379,167.92 Group 2 9032416828 CA 75.62 01-Nov-2003 335,000.00 328,470.92
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 2 0050430080 Loan Paid in Full 0 5.500% 360 21 Group 2 9032416828 Loan Paid in Full 0 6.375% 360 19
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 0.469% Current Month 5.479% Current Month 164.830% 3 Month Average 1.112% 3 Month Average 12.432% 3 Month Average 405.978% 12 Month Average 1.787% 12 Month Average 16.477% 12 Month Average 813.850% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jul-2004 18.169% N/A Jul-2004 1,600.822% N/A Aug-2004 8.232% N/A Aug-2004 616.752% N/A Sep-2004 9.344% N/A Sep-2004 609.451% N/A Oct-2004 20.113% N/A Oct-2004 1,160.294% N/A Nov-2004 20.094% N/A Nov-2004 1,039.163% N/A Dec-2004 21.983% N/A Dec-2004 1,029.717% N/A Jan-2005 26.680% N/A Jan-2005 1,143.317% N/A Feb-2005 13.529% N/A Feb-2005 533.735% N/A Mar-2005 22.282% 22.319% Mar-2005 815.010% 2,012.389% Apr-2005 16.607% 20.393% Apr-2005 566.722% 1,446.659% May-2005 15.210% 18.663% May-2005 486.382% 1,082.793% Jun-2005 5.479% 16.477% Jun-2005 164.830% 813.850% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))
MASTR Asset Securitization Trust Series 2004-4 Underlying Certificate Distribution Date: 6/27/2005 UNDERLYING DELINQUENCY STATISTICS Subordinated Oustanding Principal Current Cumulative 30 DAY Mortgage Certificates on Underlying Securities Losses Losses # $ % Mastr 2003-10* 749,660,351.39 0.00 0.00 5 2,260,178.33 0.30% Mastr 2003-11** 1,179,065,805.70 0.00 0.00 9 4,028,252.57 0.34% Sub-Totals 1,928,726,157.09 0.00 0.00 14 6,288,430.90 0.33% UNDERLYING DELINQUENCY STATISTICS (Continued) Subordinated 60 DAY 90 DAY F/C REO Mortgage Certificates # $ % # $ % # $ % # $ % Mastr 2003-10* 0 0.00 0.00% 0 0.00 0.00% 0 0.00 0.00% 0 0.00 0.00% Mastr 2003-11** 0 0.00 0.00% 0 0.00 0.00% 0 0.00 0.00% 0 0.00 0.00% Sub-Totals 0 0.00 0.00% 0 0.00 0.00% 0 0.00 0.00% 0 0.00 0.00% *Underlying Certificate 1 **Underlying Certificates 2 and 3
UNDERLYING CERTIFICATE STATISTICS Certificate Beginning Scheduled Ending Scheduled Balance Balance Underlying 1 63,669,537.29 62,996,715.06 Underlying 2 58,001,748.17 57,875,077.70 Underlying 3 5,575,983.43 5,502,131.42 Totals 127,247,268.89 126,373,924.18 -----END PRIVACY-ENHANCED MESSAGE-----