-----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, P+pe49zPSrUs3H0WCfyywBbV/YThe7xZJnrmDKbcczuiQOhpmpjzyMTHOq28lgRY aviwquuKoMjl/tQgxTOW5g== 0001056404-04-001698.txt : 20040527 0001056404-04-001698.hdr.sgml : 20040527 20040527134941 ACCESSION NUMBER: 0001056404-04-001698 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040519 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040527 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GREENWICH CAPITAL ACCEP MORT LOAN PASS-THR CERTS SER 2004-1 CENTRAL INDEX KEY: 0001285681 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: 333-111379-06 FILM NUMBER: 04834543 BUSINESS ADDRESS: STREET 1: C/O NORWEST BANK MINNESOTA NA STREET 2: 11000 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 MAIL ADDRESS: STREET 1: 600 STEAMBOAT RD CITY: GREENWICH STATE: CT ZIP: 06830 8-K 1 hbv04001.txt MAY 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): May 19, 2004 HARBORVIEW MORTGAGE LOAN TRUST Mortgage Loan Pass-Through Certificates, Series 2004-1 Trust (Exact name of registrant as specified in its charter) Delaware (governing law of 333-111379-06 54-2147370 Pooling and Servicing Agreement) (Commission 54-2147371 (State or other File Number) 54-2147372 jurisdiction 54-6601037 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 May 19, 2004 a distribution was made to holders of HARBORVIEW MORTGAGE LOAN TRUST, Mortgage Loan Pass-Through Certificates, Series 2004-1 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 Loan Pass-Through Certificates, Series 2004-1 Trust, relating to the May 19, 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. HARBORVIEW MORTGAGE LOAN TRUST Mortgage Loan Pass-Through Certificates, Series 2004-1 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: 5/20/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Pass-Through Certificates, Series 2004-1 Trust, relating to the May 19, 2004 distribution. EX-99.1
Harborview Mortgage Loan Trust Mortgage Loan Pass-Through Certificates Record Date: 4/30/04 Distribution Date: 5/19/04 HBV Series: 2004-1 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 41161PCX9 SEN 1.40000% 194,570,341.75 258,462.08 4,023,327.03 X 41161PDB6 SEN 2.48161% 0.00 370,909.98 0.00 A-R 41161PDC4 SEN 3.88009% 0.00 0.00 0.00 2-A 41161PCY7 SEN 4.94019% 154,619,650.86 636,542.10 7,615,008.31 3-A 41161PCZ4 SEN 4.81879% 116,589,320.02 468,182.88 6,349,561.26 4-A 41161PDA8 SEN 4.86642% 96,887,433.86 392,912.30 2,917,752.56 B-1 41161PDD2 SUB 4.53454% 13,545,577.66 51,185.78 2,416.17 B-2 41161PDE0 SUB 4.53454% 6,018,923.64 22,744.20 1,073.62 B-3 41161PDF7 SUB 4.53454% 3,912,300.37 14,783.73 697.85 B-4 41161PDG5 SUB 4.53454% 2,407,569.46 9,097.68 429.45 B-5 41161PDH3 SUB 4.53454% 3,007,462.18 11,364.54 536.45 B-6 41161PDJ9 SUB 4.53454% 2,120,793.74 8,014.02 378.29 P HBV04001P SEN 0.00000% 0.00 0.00 0.00 Totals 593,679,373.54 2,244,199.29 20,911,180.99
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A 0.00 190,547,014.72 4,281,789.11 0.00 X 0.00 0.00 370,909.98 0.00 A-R 0.00 0.00 0.00 0.00 2-A 0.00 147,004,642.55 8,251,550.41 0.00 3-A 0.00 110,239,758.76 6,817,744.14 0.00 4-A 0.00 93,969,681.30 3,310,664.86 0.00 B-1 0.00 13,543,161.49 53,601.95 0.00 B-2 0.00 6,017,850.03 23,817.82 0.00 B-3 0.00 3,911,602.52 15,481.58 0.00 B-4 0.00 2,407,140.01 9,527.13 0.00 B-5 0.00 3,006,925.73 11,900.99 0.00 B-6 0.00 2,120,415.45 8,392.31 0.00 P 0.00 0.00 0.00 0.00 Totals 0.00 572,768,192.56 23,155,380.28 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 198,716,000.00 194,570,341.75 32,342.17 3,990,984.86 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 2-A 158,202,000.00 154,619,650.86 44,814.17 7,570,194.14 0.00 0.00 3-A 116,844,000.00 116,589,320.02 13,230.50 6,336,330.76 0.00 0.00 4-A 97,485,000.00 96,887,433.86 9,696.31 2,908,056.25 0.00 0.00 B-1 13,548,000.00 13,545,577.66 2,416.17 0.00 0.00 0.00 B-2 6,020,000.00 6,018,923.64 1,073.62 0.00 0.00 0.00 B-3 3,913,000.00 3,912,300.37 697.85 0.00 0.00 0.00 B-4 2,408,000.00 2,407,569.46 429.45 0.00 0.00 0.00 B-5 3,008,000.00 3,007,462.18 536.45 0.00 0.00 0.00 B-6 2,121,173.00 2,120,793.74 378.29 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 Totals 602,265,273.00 593,679,373.54 105,614.98 20,805,566.01 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 4,023,327.03 190,547,014.72 0.95889115 4,023,327.03 X 0.00 0.00 0.00000000 0.00 A-R 0.00 0.00 0.00000000 0.00 2-A 7,615,008.31 147,004,642.55 0.92922114 7,615,008.31 3-A 6,349,561.26 110,239,758.76 0.94347813 6,349,561.26 4-A 2,917,752.56 93,969,681.30 0.96393990 2,917,752.56 B-1 2,416.17 13,543,161.49 0.99964286 2,416.17 B-2 1,073.62 6,017,850.03 0.99964286 1,073.62 B-3 697.85 3,911,602.52 0.99964286 697.85 B-4 429.45 2,407,140.01 0.99964286 429.45 B-5 536.45 3,006,925.73 0.99964286 536.45 B-6 378.29 2,120,415.45 0.99964286 378.29 P 0.00 0.00 0.00000000 0.00 Totals 20,911,180.99 572,768,192.56 0.95102311 20,911,180.99
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A 198,716,000.00 979.13777325 0.16275574 20.08386270 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A 158,202,000.00 977.35585429 0.28327183 47.85144398 0.00000000 3-A 116,844,000.00 997.82034182 0.11323217 54.22897847 0.00000000 4-A 97,485,000.00 993.87017346 0.09946464 29.83080730 0.00000000 B-1 13,548,000.00 999.82120313 0.17834145 0.00000000 0.00000000 B-2 6,020,000.00 999.82120266 0.17834219 0.00000000 0.00000000 B-3 3,913,000.00 999.82120368 0.17834143 0.00000000 0.00000000 B-4 2,408,000.00 999.82120432 0.17834302 0.00000000 0.00000000 B-5 3,008,000.00 999.82120346 0.17834109 0.00000000 0.00000000 B-6 2,121,173.00 999.82120270 0.17834000 0.00000000 0.00000000 P 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 0.00000000 20.24661844 958.89115481 0.95889115 20.24661844 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A 0.00000000 48.13471581 929.22113848 0.92922114 48.13471581 3-A 0.00000000 54.34221064 943.47813118 0.94347813 54.34221064 4-A 0.00000000 29.93027194 963.93990152 0.96393990 29.93027194 B-1 0.00000000 0.17834145 999.64286168 0.99964286 0.17834145 B-2 0.00000000 0.17834219 999.64286213 0.99964286 0.17834219 B-3 0.00000000 0.17834143 999.64286225 0.99964286 0.17834143 B-4 0.00000000 0.17834302 999.64286130 0.99964286 0.17834302 B-5 0.00000000 0.17834109 999.64286237 0.99964286 0.17834109 B-6 0.00000000 0.17834000 999.64286270 0.99964286 0.17834000 P 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 198,716,000.00 1.40000% 194,570,341.75 226,998.73 0.00 0.00 X 0.00 2.48161% 194,570,341.75 402,373.63 0.00 0.00 A-R 100.00 3.88009% 0.00 0.00 0.00 0.00 2-A 158,202,000.00 4.94019% 154,619,650.86 636,542.10 0.00 0.00 3-A 116,844,000.00 4.81879% 116,589,320.02 468,182.88 0.00 0.00 4-A 97,485,000.00 4.86642% 96,887,433.86 392,912.30 0.00 0.00 B-1 13,548,000.00 4.53454% 13,545,577.66 51,185.78 0.00 0.00 B-2 6,020,000.00 4.53454% 6,018,923.64 22,744.20 0.00 0.00 B-3 3,913,000.00 4.53454% 3,912,300.37 14,783.73 0.00 0.00 B-4 2,408,000.00 4.53454% 2,407,569.46 9,097.68 0.00 0.00 B-5 3,008,000.00 4.53454% 3,007,462.18 11,364.54 0.00 0.00 B-6 2,121,173.00 4.53454% 2,120,793.74 8,014.02 0.00 0.00 P 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 602,265,273.00 2,244,199.59 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 0.00 0.00 258,462.08 0.00 190,547,014.72 X 0.00 0.00 370,909.98 0.00 190,547,014.72 A-R 0.00 0.00 0.00 0.00 0.00 2-A 0.00 0.00 636,542.10 0.00 147,004,642.55 3-A 0.00 0.00 468,182.88 0.00 110,239,758.76 4-A 0.00 0.00 392,912.30 0.00 93,969,681.30 B-1 0.00 0.00 51,185.78 0.00 13,543,161.49 B-2 0.00 0.00 22,744.20 0.00 6,017,850.03 B-3 0.00 0.00 14,783.73 0.00 3,911,602.52 B-4 0.00 0.00 9,097.68 0.00 2,407,140.01 B-5 0.00 0.00 11,364.54 0.00 3,006,925.73 B-6 0.00 0.00 8,014.02 0.00 2,120,415.45 P 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,244,199.29 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 198,716,000.00 1.40000% 979.13777325 1.14232739 0.00000000 0.00000000 X 0.00 2.48161% 979.13777325 2.02486780 0.00000000 0.00000000 A-R 100.00 3.88009% 0.00000000 0.00000000 0.00000000 0.00000000 2-A 158,202,000.00 4.94019% 977.35585429 4.02360337 0.00000000 0.00000000 3-A 116,844,000.00 4.81879% 997.82034182 4.00690562 0.00000000 0.00000000 4-A 97,485,000.00 4.86642% 993.87017346 4.03048982 0.00000000 0.00000000 B-1 13,548,000.00 4.53454% 999.82120313 3.77810599 0.00000000 0.00000000 B-2 6,020,000.00 4.53454% 999.82120266 3.77810631 0.00000000 0.00000000 B-3 3,913,000.00 4.53454% 999.82120368 3.77810631 0.00000000 0.00000000 B-4 2,408,000.00 4.53454% 999.82120432 3.77810631 0.00000000 0.00000000 B-5 3,008,000.00 4.53454% 999.82120346 3.77810505 0.00000000 0.00000000 B-6 2,121,173.00 4.53454% 999.82120270 3.77810768 0.00000000 0.00000000 P 0.00 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 1-A 0.00000000 0.00000000 1.30066064 0.00000000 958.89115481 X 0.00000000 0.00000000 1.86653304 0.00000000 958.89115481 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A 0.00000000 0.00000000 4.02360337 0.00000000 929.22113848 3-A 0.00000000 0.00000000 4.00690562 0.00000000 943.47813118 4-A 0.00000000 0.00000000 4.03048982 0.00000000 963.93990152 B-1 0.00000000 0.00000000 3.77810599 0.00000000 999.64286168 B-2 0.00000000 0.00000000 3.77810631 0.00000000 999.64286213 B-3 0.00000000 0.00000000 3.77810631 0.00000000 999.64286225 B-4 0.00000000 0.00000000 3.77810631 0.00000000 999.64286130 B-5 0.00000000 0.00000000 3.77810505 0.00000000 999.64286237 B-6 0.00000000 0.00000000 3.77810768 0.00000000 999.64286270 P 0.00000000 0.00000000 0.00000000 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 23,274,409.97 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 51,234.77 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 23,325,644.74 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 170,264.46 Payment of Interest and Principal 23,155,380.28 Total Withdrawals (Pool Distribution Amount) 23,325,644.74 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 165,317.14 Master Servicing Fee 4,947.32 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 170,264.46
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Basis Risk Reserve Fund 2,500.00 0.00 0.00 2,500.00
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 32 0 0 0 32 12,267,774.89 0.00 0.00 0.00 12,267,774.89 60 Days 1 0 0 0 1 341,966.06 0.00 0.00 0.00 341,966.06 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 33 0 0 0 33 12,609,740.95 0.00 0.00 0.00 12,609,740.95 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 2.422407% 0.000000% 0.000000% 0.000000% 2.422407% 2.141517% 0.000000% 0.000000% 0.000000% 2.141517% 60 Days 0.075700% 0.000000% 0.000000% 0.000000% 0.075700% 0.059695% 0.000000% 0.000000% 0.000000% 0.059695% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.498107% 0.000000% 0.000000% 0.000000% 2.498107% 2.201212% 0.000000% 0.000000% 0.000000% 2.201212%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 23 0 0 0 23 9,062,310.91 0.00 0.00 0.00 9,062,310.91 60 Days 1 0 0 0 1 341,966.06 0.00 0.00 0.00 341,966.06 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 24 0 0 0 24 9,404,276.97 0.00 0.00 0.00 9,404,276.97 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.715670% 0.000000% 0.000000% 0.000000% 3.715670% 4.500555% 0.000000% 0.000000% 0.000000% 4.500555% 60 Days 0.161551% 0.000000% 0.000000% 0.000000% 0.161551% 0.169828% 0.000000% 0.000000% 0.000000% 0.169828% 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 3.877221% 0.000000% 0.000000% 0.000000% 3.877221% 4.670383% 0.000000% 0.000000% 0.000000% 4.670383% 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 6 0 0 0 6 1,846,463.99 0.00 0.00 0.00 1,846,463.99 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 6 0 0 0 6 1,846,463.99 0.00 0.00 0.00 1,846,463.99 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.562500% 0.000000% 0.000000% 0.000000% 1.562500% 1.186454% 0.000000% 0.000000% 0.000000% 1.186454% 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 1.562500% 0.000000% 0.000000% 0.000000% 1.562500% 1.186454% 0.000000% 0.000000% 0.000000% 1.186454% 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 2 0 0 0 2 984,000.00 0.00 0.00 0.00 984,000.00 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 2 0 0 0 2 984,000.00 0.00 0.00 0.00 984,000.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.063830% 0.000000% 0.000000% 0.000000% 1.063830% 0.843948% 0.000000% 0.000000% 0.000000% 0.843948% 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 1.063830% 0.000000% 0.000000% 0.000000% 1.063830% 0.843948% 0.000000% 0.000000% 0.000000% 0.843948% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 374,999.99 0.00 0.00 0.00 374,999.99 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 1 374,999.99 0.00 0.00 0.00 374,999.99 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.769231% 0.000000% 0.000000% 0.000000% 0.769231% 0.377754% 0.000000% 0.000000% 0.000000% 0.377754% 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 0.769231% 0.000000% 0.000000% 0.000000% 0.769231% 0.377754% 0.000000% 0.000000% 0.000000% 0.377754%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 51,234.77
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 602,265,173.00 99.99998340% 572,768,192.56 99.99999990% 94.586449% 0.000000% Class 1A 403,549,173.00 67.00522031% 382,221,177.84 66.73226314% 33.267737% 614.527137% Class X 403,549,173.00 67.00522031% 382,221,177.84 66.73226314% 0.000000% 0.000000% Class 2A 245,347,173.00 40.73739330% 235,216,535.29 41.06661964% 25.665644% 474.100013% Class 3A 128,503,173.00 21.33663998% 124,976,776.53 21.81978295% 19.246837% 355.530752% Class B-1 17,470,173.00 2.90074387% 17,463,933.74 3.04904042% 2.364510% 43.677621% Class B-2 11,450,173.00 1.90118433% 11,446,083.71 1.99837977% 1.050661% 19.407977% Class B-3 7,537,173.00 1.25147063% 7,534,481.19 1.31545035% 0.682929% 12.615185% Class B-4 5,129,173.00 0.85164681% 5,127,341.18 0.89518609% 0.420264% 7.763191% Class B-5 2,121,173.00 0.35219912% 2,120,415.45 0.37020482% 0.524981% 9.697541% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.370205% 6.838485% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 154,134.00 0.02559238% 154,134.00 0.02691036% Fraud 18,067,958.00 2.99999997% 18,067,958.00 3.15449744% Special Hazard 8,557,200.00 1.42083570% 7,300,000.00 1.27451211% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.880339% Weighted Average Net Coupon 4.546185% Weighted Average Pass-Through Rate 4.536185% Weighted Average Maturity(Stepdown Calculation ) 345 Beginning Scheduled Collateral Loan Count 1,364 Number Of Loans Paid In Full 43 Ending Scheduled Collateral Loan Count 1,321 Beginning Scheduled Collateral Balance 593,679,374.16 Ending Scheduled Collateral Balance 572,768,193.16 Ending Actual Collateral Balance at 30-Apr-2004 572,854,500.48 Monthly P &I Constant 2,520,079.07 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 23,032,658.81 Ending Scheduled Balance for Premium Loans 572,768,193.16 Scheduled Principal 105,614.99 Unscheduled Principal 20,805,566.01
Miscellaneous Reporting One-Year CMT loans 57,323,430.81 One-Month LIBOR Loans 98,457,341.88 One-Year LIBOR Loans 227,515,528.32 Six-Month LIBOR Loans 173,624,688.33
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.265148 5.314729 5.107525 Weighted Average Net Rate 3.891613 4.950190 4.828790 Weighted Average Maturity 332 354 351 Beginning Loan Count 630 403 196 Loans Paid In Full 11 19 8 Ending Loan Count 619 384 188 Beginning Scheduled Balance 205,358,087.61 163,207,305.45 122,933,710.21 Ending scheduled Balance 201,332,967.40 155,589,808.14 116,583,428.99 Record Date 04/30/2004 04/30/2004 04/30/2004 Principal And Interest Constant 764,037.50 770,138.66 537,189.66 Scheduled Principal 34,135.35 47,303.17 13,950.46 Unscheduled Principal 3,990,984.86 7,570,194.14 6,336,330.76 Scheduled Interest 729,902.15 722,835.49 523,239.20 Servicing Fees 63,923.59 49,579.45 28,554.96 Master Servicing Fees 1,711.34 1,360.06 1,024.43 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 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 664,267.22 671,895.98 493,659.81 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 3.881613 4.940190 4.818790
Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.149572 4.880339 Weighted Average Net Rate 4.876418 4.546185 Weighted Average Maturity 351 345 Beginning Loan Count 135 1,364 Loans Paid In Full 5 43 Ending Loan Count 130 1,321 Beginning Scheduled Balance 102,180,270.89 593,679,374.16 Ending scheduled Balance 99,261,988.63 572,768,193.16 Record Date 04/30/2004 04/30/2004 Principal And Interest Constant 448,713.25 2,520,079.07 Scheduled Principal 10,226.01 105,614.99 Unscheduled Principal 2,908,056.25 20,805,566.01 Scheduled Interest 438,487.24 2,414,464.08 Servicing Fees 23,259.14 165,317.14 Master Servicing Fees 851.49 4,947.32 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 414,376.61 2,244,199.62 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 4.866418 4.536185
Miscellaneous Reporting Group Group 1 Available Funds 4,689,387.43 Senior % 94.75 Senior Prepayment % 100.00 Subordinate % 5.25 Subordinate Prepayment % 0.00 Group Group 2 Available Funds 8,289,393.30 Senior % 94.74 Senior Prepayment % 100.00 Subordinate % 5.26 Subordinate Prepayment % 0.00 Group Group 3 Available Funds 6,843,941.00 Senior % 94.84 Senior Prepayment % 100.00 Subordinate % 5.16 Subordinate Prepayment % 0.00
Miscellaneous Reporting Group Group 4 Available Funds 3,332,658.86 Senior % 94.82 Senior Prepayment % 100.00 Subordinate % 5.18 Subordinate Prepayment % 0.00
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