-----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, Nt00GUd99mce+xb5Rxv+Qzpcnp+u/kEra6eBMNid+IexwJnBDVddlUFZOGeYWmMq EGrAWbxYQ0+wvQltFkO9UA== 0001056404-04-002555.txt : 20040804 0001056404-04-002555.hdr.sgml : 20040804 20040804150251 ACCESSION NUMBER: 0001056404-04-002555 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040725 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040804 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STRUCTURED ASSET MORT INV II INC BEAR STEARNS ARM TR 2004 2 CENTRAL INDEX KEY: 0001285673 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: 333-106323-21 FILM NUMBER: 04951375 BUSINESS ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10179 8-K 1 bst04002_jul.txt JULY 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): July 26, 2004 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2004-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106323-21 54-2150466 Pooling and Servicing Agreement) (Commission 54-2150468 (State or other File Number) 54-2150469 jurisdiction 54-2150467 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) ITEM 5. Other Events On July 26, 2004 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2004-2 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-2 Trust, relating to the July 26, 2004 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2004-2 Trust By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 8/3/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-2 Trust, relating to the July 26, 2004 distribution. EX-99.1
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 6/30/2004 Distribution Date: 7/26/2004 BST Series: 2004-2 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 I-1-A 07384ML83 SEN 4.12235% 41,328,907.15 141,882.78 455,289.22 I-2-A-1 07384ML91 SEN 3.94465% 45,939,127.99 150,911.51 1,746,003.03 I-2-A-2 07384MM25 SEN 4.52565% 73,502,604.78 277,022.39 2,793,604.85 I-2-A-3 07384MM33 SEN 3.82165% 45,519,339.97 144,869.85 1,730,048.20 I-2-X 07384MM41 SEN 0.62300% 0.00 85,585.64 0.00 I-3-A 07384MM58 SEN 4.81483% 32,763,916.10 131,373.73 14,142.97 I-4-A 07384MM66 SEN 5.25814% 87,645,916.42 383,791.10 2,206,668.94 I-4-A-M 07384MM74 SEN 5.25814% 18,691,000.00 81,845.68 0.00 II-1-A 07384MM82 SEN 3.84564% 59,185,480.70 189,546.01 1,533,051.92 II-1-X 07384MM90 SEN 0.14018% 0.00 6,909.28 0.00 II-2-A 07384MN32 SEN 4.51952% 90,079,132.23 339,037.64 1,934,792.35 II-2-X 07384MN40 SEN 0.22266% 0.00 16,703.13 0.00 II-3-A 07384MN57 SEN 4.73354% 16,344,254.99 64,429.17 10,898.58 II-4-A 07384MN65 SEN 5.40188% 39,767,015.53 178,895.54 1,022,287.33 I-B-1 07384MP30 SUB 4.86473% 5,856,181.61 23,724.91 3,193.92 I-B-2 07384MP48 SUB 4.86473% 4,098,937.76 16,605.86 2,235.53 I-B-3 07384MP55 SUB 4.86473% 2,342,592.45 9,490.45 1,277.63 I-B-4 07384MP97 SUB 4.86473% 1,951,827.58 7,907.36 1,064.51 I-B-5 07384MQ21 SUB 4.86473% 976,013.63 3,954.08 532.31 I-B-6 07384MQ39 SUB 4.86473% 781,012.57 3,164.08 425.96 II-B-1 07384MP63 SUB 4.66827% 2,735,616.34 10,635.13 1,476.83 II-B-2 07384MP71 SUB 4.66827% 2,022,259.45 7,861.84 1,091.72 II-B-3 07384MP89 SUB 4.66827% 1,427,312.82 5,548.90 770.54 II-B-4 07384MQ47 SUB 4.66827% 713,756.25 2,774.84 385.32 II-B-5 07384MQ54 SUB 4.66827% 475,737.66 1,849.50 256.83 II-B-6 07384MQ62 SUB 4.66827% 357,058.83 1,388.12 192.76 R-I 07384MN73 RES 0.00000% 0.00 0.00 0.00 R-II 07384MN81 RES 0.00000% 0.00 0.00 0.00 R-III 07384MN99 RES 0.00000% 0.00 0.00 0.00 R-IV 07384MP22 RES 0.00000% 0.00 8.42 0.00 Totals 574,505,002.81 2,287,716.94 13,459,691.25
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-1-A 0.00 40,873,617.93 597,172.00 0.00 I-2-A-1 0.00 44,193,124.95 1,896,914.54 0.00 I-2-A-2 0.00 70,708,999.93 3,070,627.24 0.00 I-2-A-3 0.00 43,789,291.77 1,874,918.05 0.00 I-2-X 0.00 0.00 85,585.64 0.00 I-3-A 0.00 32,749,773.13 145,516.70 0.00 I-4-A 0.00 85,439,247.48 2,590,460.04 0.00 I-4-A-M 0.00 18,691,000.00 81,845.68 0.00 II-1-A 0.00 57,652,428.78 1,722,597.93 0.00 II-1-X 0.00 0.00 6,909.28 0.00 II-2-A 0.00 88,144,339.88 2,273,829.99 0.00 II-2-X 0.00 0.00 16,703.13 0.00 II-3-A 0.00 16,333,356.42 75,327.75 0.00 II-4-A 0.00 38,744,728.20 1,201,182.87 0.00 I-B-1 0.00 5,852,987.68 26,918.83 0.00 I-B-2 0.00 4,096,702.22 18,841.39 0.00 I-B-3 0.00 2,341,314.81 10,768.08 0.00 I-B-4 0.00 1,950,763.07 8,971.87 0.00 I-B-5 0.00 975,481.32 4,486.39 0.00 I-B-6 0.00 780,586.62 3,590.04 0.00 II-B-1 0.00 2,734,139.51 12,111.96 0.00 II-B-2 0.00 2,021,167.73 8,953.56 0.00 II-B-3 0.00 1,426,542.28 6,319.44 0.00 II-B-4 0.00 713,370.93 3,160.16 0.00 II-B-5 0.00 475,480.83 2,106.33 0.00 II-B-6 0.00 356,866.08 1,580.88 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 R-IV 0.00 0.00 8.42 0.00 Totals 0.00 561,045,311.55 15,747,408.19 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) I-1-A 43,882,900.00 41,328,907.15 24,984.38 430,304.84 0.00 0.00 I-2-A-1 48,829,500.00 45,939,127.99 26,084.16 1,719,918.87 0.00 0.00 I-2-A-2 78,127,200.00 73,502,604.78 41,734.66 2,751,870.19 0.00 0.00 I-2-A-3 48,383,300.00 45,519,339.97 25,845.81 1,704,202.39 0.00 0.00 I-2-X 0.00 0.00 0.00 0.00 0.00 0.00 I-3-A 36,278,500.00 32,763,916.10 14,142.97 0.00 0.00 0.00 I-4-A 100,807,000.00 87,645,916.42 53,908.51 2,152,760.43 0.00 0.00 I-4-A-M 18,691,000.00 18,691,000.00 0.00 0.00 0.00 0.00 II-1-A 66,445,900.00 59,185,480.70 38,541.48 1,494,510.44 0.00 0.00 II-1-X 0.00 0.00 0.00 0.00 0.00 0.00 II-2-A 95,628,200.00 90,079,132.23 45,456.11 1,889,336.24 0.00 0.00 II-2-X 0.00 0.00 0.00 0.00 0.00 0.00 II-3-A 17,904,800.00 16,344,254.99 8,457.71 2,440.87 0.00 0.00 II-4-A 50,555,800.00 39,767,015.53 18,616.48 1,003,670.85 0.00 0.00 I-B-1 5,865,700.00 5,856,181.61 3,193.92 0.00 0.00 0.00 I-B-2 4,105,600.00 4,098,937.76 2,235.53 0.00 0.00 0.00 I-B-3 2,346,400.00 2,342,592.45 1,277.63 0.00 0.00 0.00 I-B-4 1,955,000.00 1,951,827.58 1,064.51 0.00 0.00 0.00 I-B-5 977,600.00 976,013.63 532.31 0.00 0.00 0.00 I-B-6 782,282.05 781,012.57 425.96 0.00 0.00 0.00 II-B-1 2,740,000.00 2,735,616.34 1,476.83 0.00 0.00 0.00 II-B-2 2,025,500.00 2,022,259.45 1,091.72 0.00 0.00 0.00 II-B-3 1,429,600.00 1,427,312.82 770.54 0.00 0.00 0.00 II-B-4 714,900.00 713,756.25 385.32 0.00 0.00 0.00 II-B-5 476,500.00 475,737.66 256.83 0.00 0.00 0.00 II-B-6 357,631.17 357,058.83 192.76 0.00 0.00 0.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 R-III 50.00 0.00 0.00 0.00 0.00 0.00 R-IV 50.00 0.00 0.00 0.00 0.00 0.00 Totals 629,311,013.22 574,505,002.81 310,676.13 13,149,015.12 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 I-1-A 455,289.22 40,873,617.93 0.93142472 455,289.22 I-2-A-1 1,746,003.03 44,193,124.95 0.90504971 1,746,003.03 I-2-A-2 2,793,604.85 70,708,999.93 0.90504971 2,793,604.85 I-2-A-3 1,730,048.20 43,789,291.77 0.90504971 1,730,048.20 I-2-X 0.00 0.00 0.00000000 0.00 I-3-A 14,142.97 32,749,773.13 0.90273228 14,142.97 I-4-A 2,206,668.94 85,439,247.48 0.84755272 2,206,668.94 I-4-A-M 0.00 18,691,000.00 1.00000000 0.00 II-1-A 1,533,051.92 57,652,428.78 0.86765969 1,533,051.92 II-1-X 0.00 0.00 0.00000000 0.00 II-2-A 1,934,792.35 88,144,339.88 0.92174003 1,934,792.35 II-2-X 0.00 0.00 0.00000000 0.00 II-3-A 10,898.58 16,333,356.42 0.91223339 10,898.58 II-4-A 1,022,287.33 38,744,728.20 0.76637553 1,022,287.33 I-B-1 3,193.92 5,852,987.68 0.99783277 3,193.92 I-B-2 2,235.53 4,096,702.22 0.99783277 2,235.53 I-B-3 1,277.63 2,341,314.81 0.99783277 1,277.63 I-B-4 1,064.51 1,950,763.07 0.99783277 1,064.51 I-B-5 532.31 975,481.32 0.99783277 532.31 I-B-6 425.96 780,586.62 0.99783271 425.96 II-B-1 1,476.83 2,734,139.51 0.99786114 1,476.83 II-B-2 1,091.72 2,021,167.73 0.99786114 1,091.72 II-B-3 770.54 1,426,542.28 0.99786114 770.54 II-B-4 385.32 713,370.93 0.99786114 385.32 II-B-5 256.83 475,480.83 0.99786113 256.83 II-B-6 192.76 356,866.08 0.99786067 192.76 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 R-IV 0.00 0.00 0.00000000 0.00 Totals 13,459,691.25 561,045,311.55 0.89152311 13,459,691.25
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-1-A 43,882,900.00 941.79981610 0.56934204 9.80575213 0.00000000 I-2-A-1 48,829,500.00 940.80684811 0.53418855 35.22294658 0.00000000 I-2-A-2 78,127,200.00 940.80684806 0.53418861 35.22294655 0.00000000 I-2-A-3 48,383,300.00 940.80684802 0.53418866 35.22294655 0.00000000 I-2-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-3-A 36,278,500.00 903.12212743 0.38984440 0.00000000 0.00000000 I-4-A 100,807,000.00 869.44276112 0.53476951 21.35526729 0.00000000 I-4-A-M 18,691,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-1-A 66,445,900.00 890.73186908 0.58004301 22.49213932 0.00000000 II-1-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-2-A 95,628,200.00 941.97247496 0.47534211 19.75710345 0.00000000 II-2-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-3-A 17,904,800.00 912.84208648 0.47237110 0.13632490 0.00000000 II-4-A 50,555,800.00 786.59650386 0.36823629 19.85273401 0.00000000 I-B-1 5,865,700.00 998.37727978 0.54450790 0.00000000 0.00000000 I-B-2 4,105,600.00 998.37727981 0.54450750 0.00000000 0.00000000 I-B-3 2,346,400.00 998.37728009 0.54450648 0.00000000 0.00000000 I-B-4 1,955,000.00 998.37727877 0.54450639 0.00000000 0.00000000 I-B-5 977,600.00 998.37728110 0.54450696 0.00000000 0.00000000 I-B-6 782,282.05 998.37720935 0.54450949 0.00000000 0.00000000 II-B-1 2,740,000.00 998.40012409 0.53898905 0.00000000 0.00000000 II-B-2 2,025,500.00 998.40012343 0.53898790 0.00000000 0.00000000 II-B-3 1,429,600.00 998.40012591 0.53898993 0.00000000 0.00000000 II-B-4 714,900.00 998.40012589 0.53898447 0.00000000 0.00000000 II-B-5 476,500.00 998.40012592 0.53899265 0.00000000 0.00000000 II-B-6 357,631.17 998.39963614 0.53899105 0.00000000 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-IV 50.00 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 I-1-A 0.00000000 10.37509417 931.42472193 0.93142472 10.37509417 I-2-A-1 0.00000000 35.75713513 905.04971278 0.90504971 35.75713513 I-2-A-2 0.00000000 35.75713516 905.04971290 0.90504971 35.75713516 I-2-A-3 0.00000000 35.75713521 905.04971281 0.90504971 35.75713521 I-2-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-3-A 0.00000000 0.38984440 902.73228303 0.90273228 0.38984440 I-4-A 0.00000000 21.89003680 847.55272431 0.84755272 21.89003680 I-4-A-M 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-1-A 0.00000000 23.07218233 867.65968675 0.86765969 23.07218233 II-1-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-2-A 0.00000000 20.23244555 921.74002941 0.92174003 20.23244555 II-2-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-3-A 0.00000000 0.60869599 912.23339105 0.91223339 0.60869599 II-4-A 0.00000000 20.22097029 766.37553357 0.76637553 20.22097029 I-B-1 0.00000000 0.54450790 997.83277017 0.99783277 0.54450790 I-B-2 0.00000000 0.54450750 997.83276988 0.99783277 0.54450750 I-B-3 0.00000000 0.54450648 997.83276935 0.99783277 0.54450648 I-B-4 0.00000000 0.54450639 997.83277238 0.99783277 0.54450639 I-B-5 0.00000000 0.54450696 997.83277414 0.99783277 0.54450696 I-B-6 0.00000000 0.54450949 997.83271264 0.99783271 0.54450949 II-B-1 0.00000000 0.53898905 997.86113504 0.99786114 0.53898905 II-B-2 0.00000000 0.53898790 997.86113552 0.99786114 0.53898790 II-B-3 0.00000000 0.53898993 997.86113598 0.99786114 0.53898993 II-B-4 0.00000000 0.53898447 997.86114142 0.99786114 0.53898447 II-B-5 0.00000000 0.53899265 997.86113326 0.99786113 0.53899265 II-B-6 0.00000000 0.53899105 997.86067305 0.99786067 0.53899105 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-IV 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 I-1-A 43,882,900.00 4.12235% 41,328,907.15 141,976.69 0.00 0.00 I-2-A-1 48,829,500.00 3.94465% 45,939,127.99 151,011.40 0.00 0.00 I-2-A-2 78,127,200.00 4.52565% 73,502,604.78 277,205.75 0.00 0.00 I-2-A-3 48,383,300.00 3.82165% 45,519,339.97 144,965.73 0.00 0.00 I-2-X 0.00 0.62300% 164,961,072.74 85,642.29 0.00 0.00 I-3-A 36,278,500.00 4.81483% 32,763,916.10 131,460.69 0.00 0.00 I-4-A 100,807,000.00 5.25814% 87,645,916.42 384,045.12 0.00 0.00 I-4-A-M 18,691,000.00 5.25814% 18,691,000.00 81,899.85 0.00 0.00 II-1-A 66,445,900.00 3.84564% 59,185,480.70 189,671.47 0.00 0.00 II-1-X 0.00 0.14018% 59,185,480.70 6,913.85 0.00 0.00 II-2-A 95,628,200.00 4.51952% 90,079,132.23 339,262.05 0.00 0.00 II-2-X 0.00 0.22266% 90,079,132.23 16,714.18 0.00 0.00 II-3-A 17,904,800.00 4.73354% 16,344,254.99 64,471.82 0.00 0.00 II-4-A 50,555,800.00 5.40188% 39,767,015.53 179,013.96 0.00 0.00 I-B-1 5,865,700.00 4.86473% 5,856,181.61 23,740.61 0.00 0.00 I-B-2 4,105,600.00 4.86473% 4,098,937.76 16,616.85 0.00 0.00 I-B-3 2,346,400.00 4.86473% 2,342,592.45 9,496.73 0.00 0.00 I-B-4 1,955,000.00 4.86473% 1,951,827.58 7,912.59 0.00 0.00 I-B-5 977,600.00 4.86473% 976,013.63 3,956.70 0.00 0.00 I-B-6 782,282.05 4.86473% 781,012.57 3,166.18 0.00 0.00 II-B-1 2,740,000.00 4.66827% 2,735,616.34 10,642.17 0.00 0.00 II-B-2 2,025,500.00 4.66827% 2,022,259.45 7,867.05 0.00 0.00 II-B-3 1,429,600.00 4.66827% 1,427,312.82 5,552.57 0.00 0.00 II-B-4 714,900.00 4.66827% 713,756.25 2,776.67 0.00 0.00 II-B-5 476,500.00 4.66827% 475,737.66 1,850.73 0.00 0.00 II-B-6 357,631.17 4.66827% 357,058.83 1,389.04 0.00 0.00 R-I 50.00 0.00000% 0.00 0.00 0.00 0.00 R-II 50.00 0.00000% 0.00 0.00 0.00 0.00 R-III 50.00 0.00000% 0.00 0.00 0.00 0.00 R-IV 50.00 0.00000% 0.00 0.00 0.00 0.00 Totals 629,311,013.22 2,289,222.74 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 I-1-A 93.91 0.00 141,882.78 0.00 40,873,617.93 I-2-A-1 99.89 0.00 150,911.51 0.00 44,193,124.95 I-2-A-2 183.36 0.00 277,022.39 0.00 70,708,999.93 I-2-A-3 95.89 0.00 144,869.85 0.00 43,789,291.77 I-2-X 56.65 0.00 85,585.64 0.00 158,691,416.65 I-3-A 86.95 0.00 131,373.73 0.00 32,749,773.13 I-4-A 254.02 0.00 383,791.10 0.00 85,439,247.48 I-4-A-M 54.17 0.00 81,845.68 0.00 18,691,000.00 II-1-A 125.46 0.00 189,546.01 0.00 57,652,428.78 II-1-X 4.57 0.00 6,909.28 0.00 57,652,428.78 II-2-A 224.42 0.00 339,037.64 0.00 88,144,339.88 II-2-X 11.06 0.00 16,703.13 0.00 88,144,339.88 II-3-A 42.65 0.00 64,429.17 0.00 16,333,356.42 II-4-A 118.41 0.00 178,895.54 0.00 38,744,728.20 I-B-1 15.70 0.00 23,724.91 0.00 5,852,987.68 I-B-2 10.99 0.00 16,605.86 0.00 4,096,702.22 I-B-3 6.28 0.00 9,490.45 0.00 2,341,314.81 I-B-4 5.23 0.00 7,907.36 0.00 1,950,763.07 I-B-5 2.62 0.00 3,954.08 0.00 975,481.32 I-B-6 2.09 0.00 3,164.08 0.00 780,586.62 II-B-1 7.04 0.00 10,635.13 0.00 2,734,139.51 II-B-2 5.20 0.00 7,861.84 0.00 2,021,167.73 II-B-3 3.67 0.00 5,548.90 0.00 1,426,542.28 II-B-4 1.84 0.00 2,774.84 0.00 713,370.93 II-B-5 1.22 0.00 1,849.50 0.00 475,480.83 II-B-6 0.92 0.00 1,388.12 0.00 356,866.08 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 R-IV 0.00 0.00 8.42 0.00 0.00 Totals 1,514.21 0.00 2,287,716.94 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 I-1-A 43,882,900.00 4.12235% 941.79981610 3.23535341 0.00000000 0.00000000 I-2-A-1 48,829,500.00 3.94465% 940.80684811 3.09262638 0.00000000 0.00000000 I-2-A-2 78,127,200.00 4.52565% 940.80684806 3.54813368 0.00000000 0.00000000 I-2-A-3 48,383,300.00 3.82165% 940.80684802 2.99619352 0.00000000 0.00000000 I-2-X 0.00 0.62300% 940.80684807 0.48843555 0.00000000 0.00000000 I-3-A 36,278,500.00 4.81483% 903.12212743 3.62365285 0.00000000 0.00000000 I-4-A 100,807,000.00 5.25814% 869.44276112 3.80970687 0.00000000 0.00000000 I-4-A-M 18,691,000.00 5.25814% 1000.00000000 4.38178000 0.00000000 0.00000000 II-1-A 66,445,900.00 3.84564% 890.73186908 2.85452481 0.00000000 0.00000000 II-1-X 0.00 0.14018% 890.73186908 0.10405232 0.00000000 0.00000000 II-2-A 95,628,200.00 4.51952% 941.97247496 3.54771971 0.00000000 0.00000000 II-2-X 0.00 0.22266% 941.97247496 0.17478296 0.00000000 0.00000000 II-3-A 17,904,800.00 4.73354% 912.84208648 3.60081207 0.00000000 0.00000000 II-4-A 50,555,800.00 5.40188% 786.59650386 3.54091835 0.00000000 0.00000000 I-B-1 5,865,700.00 4.86473% 998.37727978 4.04736178 0.00000000 0.00000000 I-B-2 4,105,600.00 4.86473% 998.37727981 4.04736214 0.00000000 0.00000000 I-B-3 2,346,400.00 4.86473% 998.37728009 4.04736192 0.00000000 0.00000000 I-B-4 1,955,000.00 4.86473% 998.37727877 4.04736061 0.00000000 0.00000000 I-B-5 977,600.00 4.86473% 998.37728110 4.04736088 0.00000000 0.00000000 I-B-6 782,282.05 4.86473% 998.37720935 4.04736374 0.00000000 0.00000000 II-B-1 2,740,000.00 4.66827% 998.40012409 3.88400365 0.00000000 0.00000000 II-B-2 2,025,500.00 4.66827% 998.40012343 3.88400395 0.00000000 0.00000000 II-B-3 1,429,600.00 4.66827% 998.40012591 3.88400252 0.00000000 0.00000000 II-B-4 714,900.00 4.66827% 998.40012589 3.88399776 0.00000000 0.00000000 II-B-5 476,500.00 4.66827% 998.40012592 3.88400839 0.00000000 0.00000000 II-B-6 357,631.17 4.66827% 998.39963614 3.88400150 0.00000000 0.00000000 R-I 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-IV 50.00 0.00000% 0.00000000 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 I-1-A 0.00214001 0.00000000 3.23321339 0.00000000 931.42472193 I-2-A-1 0.00204569 0.00000000 3.09058069 0.00000000 905.04971278 I-2-A-2 0.00234694 0.00000000 3.54578674 0.00000000 905.04971290 I-2-A-3 0.00198188 0.00000000 2.99421185 0.00000000 905.04971281 I-2-X 0.00032309 0.00000000 0.48811247 0.00000000 905.04971284 I-3-A 0.00239674 0.00000000 3.62125584 0.00000000 902.73228303 I-4-A 0.00251986 0.00000000 3.80718700 0.00000000 847.55272431 I-4-A-M 0.00289819 0.00000000 4.37888181 0.00000000 1000.00000000 II-1-A 0.00188815 0.00000000 2.85263666 0.00000000 867.65968675 II-1-X 0.00006878 0.00000000 0.10398354 0.00000000 867.65968675 II-2-A 0.00234680 0.00000000 3.54537302 0.00000000 921.74002941 II-2-X 0.00011566 0.00000000 0.17466741 0.00000000 921.74002941 II-3-A 0.00238204 0.00000000 3.59843003 0.00000000 912.23339105 II-4-A 0.00234216 0.00000000 3.53857599 0.00000000 766.37553357 I-B-1 0.00267658 0.00000000 4.04468520 0.00000000 997.83277017 I-B-2 0.00267683 0.00000000 4.04468531 0.00000000 997.83276988 I-B-3 0.00267644 0.00000000 4.04468548 0.00000000 997.83276935 I-B-4 0.00267519 0.00000000 4.04468542 0.00000000 997.83277238 I-B-5 0.00268003 0.00000000 4.04468085 0.00000000 997.83277414 I-B-6 0.00267167 0.00000000 4.04467928 0.00000000 997.83271264 II-B-1 0.00256934 0.00000000 3.88143431 0.00000000 997.86113504 II-B-2 0.00256727 0.00000000 3.88143175 0.00000000 997.86113552 II-B-3 0.00256715 0.00000000 3.88143537 0.00000000 997.86113598 II-B-4 0.00257379 0.00000000 3.88143796 0.00000000 997.86114142 II-B-5 0.00256034 0.00000000 3.88142707 0.00000000 997.86113326 II-B-6 0.00257248 0.00000000 3.88142902 0.00000000 997.86067305 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-IV 0.00000000 0.00000000 168.40000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 15,947,955.99 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 27,869.53 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 15,975,825.52 Withdrawals Reimbursement for Servicer Advances 107,358.73 Payment of Service Fee 121,058.60 Payment of Interest and Principal 15,747,408.19 Total Withdrawals (Pool Distribution Amount) 15,975,825.52 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 1,514.21 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 1,514.21
SERVICING FEES Gross Servicing Fee 106,972.16 Additional Servicing Fee 12,881.72 Miscellaneous Fee 1,204.72 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 121,058.60
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 10 0 0 0 10 5,306,836.47 0.00 0.00 0.00 5,306,836.47 60 Days 2 0 0 0 2 1,012,565.23 0.00 0.00 0.00 1,012,565.23 90 Days 1 0 0 0 1 145,277.52 0.00 0.00 0.00 145,277.52 120 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 13 0 0 0 13 6,464,679.22 0.00 0.00 0.00 6,464,679.22 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 0.806452% 0.000000% 0.000000% 0.000000% 0.806452% 0.945522% 0.000000% 0.000000% 0.000000% 0.945522% 60 Days 0.161290% 0.000000% 0.000000% 0.000000% 0.161290% 0.180409% 0.000000% 0.000000% 0.000000% 0.180409% 90 Days 0.080645% 0.000000% 0.000000% 0.000000% 0.080645% 0.025884% 0.000000% 0.000000% 0.000000% 0.025884% 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 1.048387% 0.000000% 0.000000% 0.000000% 1.048387% 1.151815% 0.000000% 0.000000% 0.000000% 1.151815%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II-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 1 0 0 0 1 760,000.00 0.00 0.00 0.00 760,000.00 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 1 0 0 0 1 760,000.00 0.00 0.00 0.00 760,000.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.333333% 0.000000% 0.000000% 0.000000% 1.333333% 1.878769% 0.000000% 0.000000% 0.000000% 1.878769% 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 1.333333% 0.000000% 0.000000% 0.000000% 1.333333% 1.878769% 0.000000% 0.000000% 0.000000% 1.878769% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I-1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I-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 5 0 0 0 5 1,969,136.47 0.00 0.00 0.00 1,969,136.47 60 Days 2 0 0 0 2 1,012,565.23 0.00 0.00 0.00 1,012,565.23 90 Days 1 0 0 0 1 145,277.52 0.00 0.00 0.00 145,277.52 120 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 8 0 0 0 8 3,126,979.22 0.00 0.00 0.00 3,126,979.22 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.344086% 0.000000% 0.000000% 0.000000% 1.344086% 1.184511% 0.000000% 0.000000% 0.000000% 1.184511% 60 Days 0.537634% 0.000000% 0.000000% 0.000000% 0.537634% 0.609097% 0.000000% 0.000000% 0.000000% 0.609097% 90 Days 0.268817% 0.000000% 0.000000% 0.000000% 0.268817% 0.087390% 0.000000% 0.000000% 0.000000% 0.087390% 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 2.150538% 0.000000% 0.000000% 0.000000% 2.150538% 1.880997% 0.000000% 0.000000% 0.000000% 1.880997% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I-3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I-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 1 0 0 0 1 379,700.00 0.00 0.00 0.00 379,700.00 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 1 0 0 0 1 379,700.00 0.00 0.00 0.00 379,700.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.427350% 0.000000% 0.000000% 0.000000% 0.427350% 0.347491% 0.000000% 0.000000% 0.000000% 0.347491% 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 0.427350% 0.000000% 0.000000% 0.000000% 0.427350% 0.347491% 0.000000% 0.000000% 0.000000% 0.347491% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II-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 1 0 0 0 1 412,000.00 0.00 0.00 0.00 412,000.00 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 1 0 0 0 1 412,000.00 0.00 0.00 0.00 412,000.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.666667% 0.000000% 0.000000% 0.000000% 0.666667% 0.687703% 0.000000% 0.000000% 0.000000% 0.687703% 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 0.666667% 0.000000% 0.000000% 0.000000% 0.666667% 0.687703% 0.000000% 0.000000% 0.000000% 0.687703% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II-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 1,212,000.00 0.00 0.00 0.00 1,212,000.00 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 1 0 0 0 1 1,212,000.00 0.00 0.00 0.00 1,212,000.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.500000% 0.000000% 0.000000% 0.000000% 0.500000% 1.326427% 0.000000% 0.000000% 0.000000% 1.326427% 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 0.500000% 0.000000% 0.000000% 0.000000% 0.500000% 1.326427% 0.000000% 0.000000% 0.000000% 1.326427% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II-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 1 574,000.00 0.00 0.00 0.00 574,000.00 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 1 0 0 0 1 574,000.00 0.00 0.00 0.00 574,000.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.125000% 0.000000% 0.000000% 0.000000% 3.125000% 3.388155% 0.000000% 0.000000% 0.000000% 3.388155% 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 3.125000% 0.000000% 0.000000% 0.000000% 3.125000% 3.388155% 0.000000% 0.000000% 0.000000% 3.388155%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 27,869.53
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.034504% Weighted Average Net Coupon 4.811065% Weighted Average Pass-Through Rate 4.781642% Weighted Average Maturity(Stepdown Calculation ) 356 Beginning Scheduled Collateral Loan Count 1,268 Number Of Loans Paid In Full 28 Ending Scheduled Collateral Loan Count 1,240 Beginning Scheduled Collateral Balance 574,505,002.87 Ending Scheduled Collateral Balance 561,045,311.62 Ending Actual Collateral Balance at 30-Jun-2004 561,260,194.99 Monthly P &I Constant 2,722,950.47 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 561,045,311.62 Scheduled Principal 312,660.68 Unscheduled Principal 13,147,030.57
Miscellaneous Reporting Diverted Amount 0.00
Group Level Collateral Statement Group Group I-1 Group I-2 Group I-3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.385373 5.046851 5.064834 Weighted Average Net Rate 4.134110 4.851998 4.814834 Weighted Average Maturity 355 355 356 Beginning Loan Count 108 384 70 Loans Paid In Full 1 12 0 Ending Loan Count 107 372 70 Beginning Scheduled Balance 43,201,517.15 172,444,800.68 34,312,771.39 Ending scheduled Balance 42,745,095.89 166,170,895.35 34,297,866.02 Record Date 06/30/2004 06/30/2004 06/30/2004 Principal And Interest Constant 183,995.41 823,166.60 161,713.67 Scheduled Principal 26,116.42 97,913.88 16,889.92 Unscheduled Principal 430,304.84 6,175,991.45 (1,984.55) Scheduled Interest 157,878.99 725,252.72 144,823.75 Servicing Fees 9,045.82 28,001.24 7,148.49 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 423.52 8,528.84 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 148,409.65 688,722.64 137,675.26 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 4.122345 4.792648 4.814834
Group Level Collateral Statement Group Group I-4 Group II-1 Group II-2 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.509088 4.235815 4.994096 Weighted Average Net Rate 5.258439 3.985815 4.807861 Weighted Average Maturity 355 355 355 Beginning Loan Count 240 153 204 Loans Paid In Full 6 3 4 Ending Loan Count 234 150 200 Beginning Scheduled Balance 111,438,288.72 61,413,211.49 93,286,735.58 Ending scheduled Balance 109,229,033.59 59,878,708.88 91,350,324.60 Record Date 06/30/2004 06/30/2004 06/30/2004 Principal And Interest Constant 568,097.44 256,771.35 435,310.53 Scheduled Principal 56,494.70 39,992.17 47,074.74 Unscheduled Principal 2,152,760.43 1,494,510.44 1,889,336.24 Scheduled Interest 511,602.74 216,779.18 388,235.79 Servicing Fees 23,276.51 12,794.41 14,477.77 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 28.16 0.00 5,105.92 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 488,298.07 203,984.77 368,652.10 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.258136 3.985815 4.742180
Group Level Collateral Statement Group Group II-3 Group II-4 Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.983540 5.653609 5.034504 Weighted Average Net Rate 4.733540 5.401882 4.811065 Weighted Average Maturity 30.00 355.00 356.00 Record Date 06/30/2004 06/30/2004 06/30/2004 Principal And Interest Constant 79,139.63 214,755.84 2,722,950.47 Beginning Loan Count 32 77 1,268 Loans Paid In Full 0 2 28 Ending Loan Count 32 75 1,240 Beginning Scheduled Balance 16,944,854.06 41,462,823.80 574,505,002.87 Ending Scheduled Balance 16,933,644.69 40,439,742.60 561,045,311.62 Scheduled Principal 8,768.50 19,410.35 312,660.68 Unscheduled Principal 2,440.87 1,003,670.85 13,147,030.57 Scheduled Interest 70,371.13 195,345.49 2,410,289.79 Servicing Fee 3,530.18 8,697.74 106,972.16 Master Servicing Fee 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 Fry Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 14,086.44 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 66,840.95 186,647.75 2,289,231.19 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 4.733540 5.401883 4.781642
Miscellaneous Reporting Group Group I-1 Avearge Loss Severity % Group I-1 0.000000% Senior Percentage Group I-1 95.665407% Senior Prep. Percentage Group I-1 100.000000% Subordinate Percentage Group I-1 4.334593% Subordinate Prep. Percentage Group I-1 0.000000% Group Group I-2 Avearge Loss Severity % Group I-2 0.000000% Senior Percentage Group I-2 95.660219% Senior Prep. Percentage Group I-2 100.000000% Subordinate Percentage Group I-2 4.339781% Subordinate Prep. Percentage Group I-2 0.000000% Group Group I-3 Avearge Loss Severity % Group I-3 0.000000% Senior Percentage Group I-3 95.486068% Senior Prep. Percentage Group I-3 100.000000% Subordinate Percentage Group I-3 4.513932% Subordinate Prep. Percentage Group I-3 0.000000%
Miscellaneous Reporting Group Group I-4 Avearge Loss Severity % Group I-4 0.000000% Senior Percentage Group I-4 95.422245% Senior Prep. Percentage Group I-4 100.000000% Subordinate Percentage Group I-4 4.577755% Subordinate Prep. Percentage Group I-4 0.000000% Group Group II-1 Avearge Loss Severity % Group II-1 0.000000% Senior Percentage Group II-1 96.372555% Senior Prep. Percentage Group II-1 100.000000% Subordinate Percentage Group II-1 3.627445% Subordinate Prep. Percentage Group II-1 0.000000% Group Group II-2 Avearge Loss Severity % Group II-2 0.000000% Senior Percentage Group II-2 96.561566% Senior Prep. Percentage Group II-2 100.000000% Subordinate Percentage Group II-2 3.438434% Subordinate Prep. Percentage Group II-2 0.000000%
Miscellaneous Reporting Group Group II-3 Avearge Loss Severity % Group II-3 0.000000% Senior Percentage Group II-3 96.455567% Senior Prep. Percentage Group II-3 100.000000% Subordinate Percentage Group II-3 3.544433% Subordinate Prep. Percentage Group II-3 0.000000% Group Group II-4 Avearge Loss Severity % Group II-4 0.000000% Senior Percentage Group II-4 95.910052% Senior Prep. Percentage Group II-4 100.000000% Subordinate Percentage Group II-4 4.089948% Subordinate Prep. Percentage Group II-4 0.000000%
Group -----END PRIVACY-ENHANCED MESSAGE-----