-----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, IuQnepR27YskL/QsI1iHO+/mqkhkf1e2TdWQ8nruvI6OfS+IHhM1bymP7zWToYDj LwUsnPrFpPX2seJt/MZe4g== 0001056404-04-003486.txt : 20041021 0001056404-04-003486.hdr.sgml : 20041021 20041021091828 ACCESSION NUMBER: 0001056404-04-003486 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041020 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041021 DATE AS OF CHANGE: 20041021 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: 041088688 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_oct.txt OCT. 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): October 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) 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 October 19, 2004 a distribution was made to holders of HARBORVIEW MORTGAGE LOAN TRUST, Mortgage Loan Pass-Through Certificates, Series 2004-1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) 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 October 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 (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 10/19/04 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 October 19, 2004 distribution. EX-99.1
Greenwich Capital Markets, Inc Mortgage Pass-Through Certificates Record Date: 9/30/04 Distribution Date: 10/19/04 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 2.11125% 171,307,286.62 301,393.77 7,675,773.20 2-A 41161PCY7 SEN 4.88210% 126,499,642.20 514,653.46 4,714,069.85 3-A 41161PCZ4 SEN 4.78816% 105,116,163.94 419,427.75 121,722.64 4-A 41161PDA8 SEN 4.84609% 92,275,915.16 372,647.60 414,766.05 X 41161PDB6 SEN 1.98316% 0.00 283,107.86 0.00 A-R 41161PDC4 SEN 3.78401% 0.00 0.00 0.00 B-1 41161PDD2 SUB 4.58272% 13,533,676.35 51,684.19 2,408.90 B-2 41161PDE0 SUB 4.58272% 6,013,635.34 22,965.66 1,070.38 B-3 41161PDF7 SUB 4.58272% 3,908,862.97 14,927.68 695.75 B-4 41161PDG5 SUB 4.58272% 2,405,454.14 9,186.27 428.15 B-5 41161PDH3 SUB 4.58272% 3,004,819.79 11,475.20 534.84 B-6 41161PDJ9 SUB 4.58272% 2,118,930.39 8,092.05 377.15 P HBV04001P SEN 0.00000% 0.00 0.00 0.00 Totals 526,184,386.90 2,009,561.49 12,931,846.91
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A 0.00 163,631,513.43 7,977,166.97 0.00 2-A 0.00 121,785,572.35 5,228,723.31 0.00 3-A 0.00 104,994,441.30 541,150.39 0.00 4-A 0.00 91,861,149.11 787,413.65 0.00 X 0.00 0.00 283,107.86 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 13,531,267.45 54,093.09 0.00 B-2 0.00 6,012,564.96 24,036.04 0.00 B-3 0.00 3,908,167.22 15,623.43 0.00 B-4 0.00 2,405,025.98 9,614.42 0.00 B-5 0.00 3,004,284.95 12,010.04 0.00 B-6 0.00 2,118,553.23 8,469.20 0.00 P 0.00 0.00 0.00 0.00 Totals 0.00 513,252,539.98 14,941,408.40 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 198,716,000.00 171,307,286.62 29,728.36 7,646,044.84 0.00 0.00 2-A 158,202,000.00 126,499,642.20 37,132.20 4,676,937.65 0.00 0.00 3-A 116,844,000.00 105,116,163.94 10,389.66 111,332.98 0.00 0.00 4-A 97,485,000.00 92,275,915.16 8,734.57 406,031.48 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 B-1 13,548,000.00 13,533,676.35 2,408.90 0.00 0.00 0.00 B-2 6,020,000.00 6,013,635.34 1,070.38 0.00 0.00 0.00 B-3 3,913,000.00 3,908,862.97 695.75 0.00 0.00 0.00 B-4 2,408,000.00 2,405,454.14 428.15 0.00 0.00 0.00 B-5 3,008,000.00 3,004,819.79 534.84 0.00 0.00 0.00 B-6 2,121,173.00 2,118,930.39 377.15 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 Totals 602,265,273.00 526,184,386.90 91,499.96 12,840,346.95 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 7,675,773.20 163,631,513.43 0.82344408 7,675,773.20 2-A 4,714,069.85 121,785,572.35 0.76981057 4,714,069.85 3-A 121,722.64 104,994,441.30 0.89858650 121,722.64 4-A 414,766.05 91,861,149.11 0.94231060 414,766.05 X 0.00 0.00 0.00000000 0.00 A-R 0.00 0.00 0.00000000 0.00 B-1 2,408.90 13,531,267.45 0.99876494 2,408.90 B-2 1,070.38 6,012,564.96 0.99876494 1,070.38 B-3 695.75 3,908,167.22 0.99876494 695.75 B-4 428.15 2,405,025.98 0.99876494 428.15 B-5 534.84 3,004,284.95 0.99876494 534.84 B-6 377.15 2,118,553.23 0.99876494 377.15 P 0.00 0.00 0.00000000 0.00 Totals 12,931,846.91 513,252,539.98 0.85220344 12,931,846.91
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A 198,716,000.00 862.07092846 0.14960225 38.47724813 0.00000000 2-A 158,202,000.00 799.60836273 0.23471385 29.56307537 0.00000000 3-A 116,844,000.00 899.62825597 0.08891907 0.95283438 0.00000000 4-A 97,485,000.00 946.56526809 0.08959912 4.16506622 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 B-1 13,548,000.00 998.94274801 0.17780484 0.00000000 0.00000000 B-2 6,020,000.00 998.94274751 0.17780399 0.00000000 0.00000000 B-3 3,913,000.00 998.94274725 0.17780475 0.00000000 0.00000000 B-4 2,408,000.00 998.94274917 0.17780316 0.00000000 0.00000000 B-5 3,008,000.00 998.94274934 0.17780585 0.00000000 0.00000000 B-6 2,121,173.00 998.94275007 0.17780256 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 38.62685038 823.44407813 0.82344408 38.62685038 2-A 0.00000000 29.79778922 769.81057351 0.76981057 29.79778922 3-A 0.00000000 1.04175345 898.58650252 0.89858650 1.04175345 4-A 0.00000000 4.25466533 942.31060276 0.94231060 4.25466533 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.17780484 998.76494317 0.99876494 0.17780484 B-2 0.00000000 0.17780399 998.76494352 0.99876494 0.17780399 B-3 0.00000000 0.17780475 998.76494250 0.99876494 0.17780475 B-4 0.00000000 0.17780316 998.76494186 0.99876494 0.17780316 B-5 0.00000000 0.17780585 998.76494348 0.99876494 0.17780585 B-6 0.00000000 0.17780256 998.76494279 0.99876494 0.17780256 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 2.11125% 171,307,286.62 301,393.76 0.00 0.00 2-A 158,202,000.00 4.88210% 126,499,642.20 514,653.47 0.00 0.00 3-A 116,844,000.00 4.78816% 105,116,163.94 419,427.74 0.00 0.00 4-A 97,485,000.00 4.84609% 92,275,915.16 372,647.60 0.00 0.00 X 0.00 1.98316% 171,307,286.62 283,107.85 0.00 0.00 A-R 100.00 3.78401% 0.00 0.00 0.00 0.00 B-1 13,548,000.00 4.58272% 13,533,676.35 51,684.19 0.00 0.00 B-2 6,020,000.00 4.58272% 6,013,635.34 22,965.66 0.00 0.00 B-3 3,913,000.00 4.58272% 3,908,862.97 14,927.68 0.00 0.00 B-4 2,408,000.00 4.58272% 2,405,454.14 9,186.27 0.00 0.00 B-5 3,008,000.00 4.58272% 3,004,819.79 11,475.20 0.00 0.00 B-6 2,121,173.00 4.58272% 2,118,930.39 8,092.05 0.00 0.00 P 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 602,265,273.00 2,009,561.47 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 (0.01) 0.00 301,393.77 0.00 163,631,513.43 2-A 0.01 0.00 514,653.46 0.00 121,785,572.35 3-A (0.01) 0.00 419,427.75 0.00 104,994,441.30 4-A 0.01 0.00 372,647.60 0.00 91,861,149.11 X (0.01) 0.00 283,107.86 0.00 163,631,513.43 A-R 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 51,684.19 0.00 13,531,267.45 B-2 0.00 0.00 22,965.66 0.00 6,012,564.96 B-3 0.00 0.00 14,927.68 0.00 3,908,167.22 B-4 0.00 0.00 9,186.27 0.00 2,405,025.98 B-5 0.00 0.00 11,475.20 0.00 3,004,284.95 B-6 0.00 0.00 8,092.05 0.00 2,118,553.23 P 0.00 0.00 0.00 0.00 0.00 Totals (0.01) 0.00 2,009,561.49 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 2.11125% 862.07092846 1.51670605 0.00000000 0.00000000 2-A 158,202,000.00 4.88210% 799.60836273 3.25314136 0.00000000 0.00000000 3-A 116,844,000.00 4.78816% 899.62825597 3.58963866 0.00000000 0.00000000 4-A 97,485,000.00 4.84609% 946.56526809 3.82261476 0.00000000 0.00000000 X 0.00 1.98316% 862.07092846 1.42468573 0.00000000 0.00000000 A-R 100.00 3.78401% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 13,548,000.00 4.58272% 998.94274801 3.81489445 0.00000000 0.00000000 B-2 6,020,000.00 4.58272% 998.94274751 3.81489369 0.00000000 0.00000000 B-3 3,913,000.00 4.58272% 998.94274725 3.81489394 0.00000000 0.00000000 B-4 2,408,000.00 4.58272% 998.94274917 3.81489618 0.00000000 0.00000000 B-5 3,008,000.00 4.58272% 998.94274934 3.81489362 0.00000000 0.00000000 B-6 2,121,173.00 4.58272% 998.94275007 3.81489393 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 (0.00000005) 0.00000000 1.51670610 0.00000000 823.44407813 2-A 0.00000006 0.00000000 3.25314130 0.00000000 769.81057351 3-A (0.00000009) 0.00000000 3.58963875 0.00000000 898.58650252 4-A 0.00000010 0.00000000 3.82261476 0.00000000 942.31060276 X (0.00000005) 0.00000000 1.42468578 0.00000000 823.44407813 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 3.81489445 0.00000000 998.76494317 B-2 0.00000000 0.00000000 3.81489369 0.00000000 998.76494352 B-3 0.00000000 0.00000000 3.81489394 0.00000000 998.76494250 B-4 0.00000000 0.00000000 3.81489618 0.00000000 998.76494186 B-5 0.00000000 0.00000000 3.81489362 0.00000000 998.76494348 B-6 0.00000000 0.00000000 3.81489393 0.00000000 998.76494279 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 15,043,793.25 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 47,023.33 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 15,090,816.58 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 149,408.18 Payment of Interest and Principal 14,941,408.40 Total Withdrawals (Pool Distribution Amount) 15,090,816.58 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 145,023.27 Master Servicing Fee 4,384.91 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 149,408.18
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 30 0 0 0 30 9,206,887.13 0.00 0.00 0.00 9,206,887.13 60 Days 4 1 0 0 5 994,684.12 99,512.73 0.00 0.00 1,094,196.85 90 Days 1 0 0 0 1 376,038.89 0.00 0.00 0.00 376,038.89 120 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 1 1 2 0.00 0.00 104,118.00 93,319.63 197,437.63 Totals 35 1 1 1 38 10,577,610.14 99,512.73 104,118.00 93,319.63 10,874,560.50 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 2.577320% 0.000000% 0.000000% 0.000000% 2.577320% 1.793481% 0.000000% 0.000000% 0.000000% 1.793481% 60 Days 0.343643% 0.085911% 0.000000% 0.000000% 0.429553% 0.193762% 0.019385% 0.000000% 0.000000% 0.213147% 90 Days 0.085911% 0.000000% 0.000000% 0.000000% 0.085911% 0.073252% 0.000000% 0.000000% 0.000000% 0.073252% 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% 0.085911% 0.085911% 0.171821% 0.000000% 0.000000% 0.020282% 0.018178% 0.038460% Totals 3.006873% 0.085911% 0.085911% 0.085911% 3.264605% 2.060495% 0.019385% 0.020282% 0.018178% 2.118340%
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 20 0 0 0 20 5,861,735.15 0.00 0.00 0.00 5,861,735.15 60 Days 2 1 0 0 3 693,023.91 99,512.73 0.00 0.00 792,536.64 90 Days 1 0 0 0 1 376,038.89 0.00 0.00 0.00 376,038.89 120 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 1 1 2 0.00 0.00 104,118.00 93,319.63 197,437.63 Totals 23 1 1 1 26 6,930,797.95 99,512.73 104,118.00 93,319.63 7,227,748.31 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.676471% 0.000000% 0.000000% 0.000000% 3.676471% 3.359965% 0.000000% 0.000000% 0.000000% 3.359965% 60 Days 0.367647% 0.183824% 0.000000% 0.000000% 0.551471% 0.397243% 0.057041% 0.000000% 0.000000% 0.454284% 90 Days 0.183824% 0.000000% 0.000000% 0.000000% 0.183824% 0.215547% 0.000000% 0.000000% 0.000000% 0.215547% 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% 0.183824% 0.183824% 0.367647% 0.000000% 0.000000% 0.059681% 0.053491% 0.113172% Totals 4.227941% 0.183824% 0.183824% 0.183824% 4.779412% 3.972755% 0.057041% 0.059681% 0.053491% 4.142968% 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 8 0 0 0 8 2,827,078.16 0.00 0.00 0.00 2,827,078.16 60 Days 2 0 0 0 2 301,660.21 0.00 0.00 0.00 301,660.21 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 10 0 0 0 10 3,128,738.37 0.00 0.00 0.00 3,128,738.37 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.500000% 0.000000% 0.000000% 0.000000% 2.500000% 2.168172% 0.000000% 0.000000% 0.000000% 2.168172% 60 Days 0.625000% 0.000000% 0.000000% 0.000000% 0.625000% 0.231352% 0.000000% 0.000000% 0.000000% 0.231352% 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% 2.399525% 0.000000% 0.000000% 0.000000% 2.399525% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 173,782.10 0.00 0.00 0.00 173,782.10 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 1 173,782.10 0.00 0.00 0.00 173,782.10 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.568182% 0.000000% 0.000000% 0.000000% 0.568182% 0.156076% 0.000000% 0.000000% 0.000000% 0.156076% 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 0.568182% 0.000000% 0.000000% 0.000000% 0.568182% 0.156076% 0.000000% 0.000000% 0.000000% 0.156076% 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 1 344,291.72 0.00 0.00 0.00 344,291.72 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 1 344,291.72 0.00 0.00 0.00 344,291.72 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% 0.354355% 0.000000% 0.000000% 0.000000% 0.354355% 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 0.806452% 0.000000% 0.000000% 0.000000% 0.806452% 0.354355% 0.000000% 0.000000% 0.000000% 0.354355%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 47,023.33
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 602,265,173.00 99.99998340% 513,252,539.98 99.99999988% 93.964011% 0.000000% Class 1A 403,549,173.00 67.00522031% 349,621,026.55 68.11871328% 31.881287% 528.186678% Class X 403,549,173.00 67.00522031% 349,621,026.55 68.11871328% 0.000000% 0.000000% Class 2A 245,347,173.00 40.73739330% 227,835,454.20 44.39051659% 23.728197% 393.112033% Class 3A 128,503,173.00 21.33663998% 122,841,012.90 23.93383436% 20.456682% 338.911888% Class B-1 17,470,173.00 2.90074387% 17,448,596.34 3.39961227% 2.636376% 43.677621% Class B-2 11,450,173.00 1.90118433% 11,436,031.38 2.22814901% 1.171463% 19.407977% Class B-3 7,537,173.00 1.25147063% 7,527,864.16 1.46669789% 0.761451% 12.615185% Class B-4 5,129,173.00 0.85164681% 5,122,838.18 0.99811258% 0.468585% 7.763191% Class B-5 2,121,173.00 0.35219912% 2,118,553.23 0.41277014% 0.585342% 9.697541% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.412770% 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 0.03003083% Fraud 18,067,958.00 2.99999997% 18,067,958.00 3.52028613% Special Hazard 8,557,200.00 1.42083570% 7,300,000.00 1.42230178% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.923680% Weighted Average Net Coupon 4.592944% Weighted Average Pass-Through Rate 4.582944% Weighted Average Maturity(Stepdown Calculation ) 340 Beginning Scheduled Collateral Loan Count 1,200 Number Of Loans Paid In Full 36 Ending Scheduled Collateral Loan Count 1,164 Beginning Scheduled Collateral Balance 526,184,387.50 Ending Scheduled Collateral Balance 513,252,540.59 Ending Actual Collateral Balance at 30-Sep-2004 513,352,924.36 Monthly P &I Constant 2,250,469.57 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 14,817,562.15 Ending Scheduled Balance for Premium Loans 513,252,540.59 Scheduled Principal 91,499.96 Unscheduled Principal 12,840,346.95
Miscellaneous Reporting One-Year CMT loans 55,897,212.87 One-Month LIBOR Loans 88,744,626.38 One-Year LIBOR Loans 205,561,287.19 Six-Month LIBOR Loans 148,571,641.42
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.477757 5.254880 5.072908 Weighted Average Net Rate 4.104408 4.892102 4.798163 Weighted Average Maturity 327 349 346 Beginning Loan Count 565 333 176 Loans Paid In Full 21 13 0 Ending Loan Count 544 320 176 Beginning Scheduled Balance 182,085,973.30 135,074,876.65 111,457,271.88 Ending scheduled Balance 174,408,329.59 130,358,289.66 111,334,922.49 Record Date 09/30/2004 09/30/2004 09/30/2004 Principal And Interest Constant 711,046.18 631,151.24 482,193.50 Scheduled Principal 31,598.87 39,649.34 11,016.41 Unscheduled Principal 7,646,044.84 4,676,937.65 111,332.98 Scheduled Interest 679,447.31 591,501.90 471,177.09 Servicing Fees 56,651.37 40,835.18 25,518.66 Master Servicing Fees 1,517.38 1,125.64 928.83 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 621,278.56 549,541.08 444,729.60 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 4.094408 4.882102 4.788163
Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.126895 4.923680 Weighted Average Net Rate 4.856087 4.592944 Weighted Average Maturity 346 340 Beginning Loan Count 126 1,200 Loans Paid In Full 2 36 Ending Loan Count 124 1,164 Beginning Scheduled Balance 97,566,265.67 526,184,387.50 Ending scheduled Balance 97,150,998.85 513,252,540.59 Record Date 09/30/2004 09/30/2004 Principal And Interest Constant 426,078.65 2,250,469.57 Scheduled Principal 9,235.34 91,499.96 Unscheduled Principal 406,031.48 12,840,346.95 Scheduled Interest 416,843.31 2,158,969.61 Servicing Fees 22,018.06 145,023.27 Master Servicing Fees 813.06 4,384.91 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 394,012.19 2,009,561.43 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 4.846087 4.582944
Miscellaneous Reporting Group Group 1 Available Funds 8,298,922.29 Senior % 94.080441% Senior Prepayment % 100.000000% Subordinate % 5.919559% Subordinate Prepayment % 0.000000% Group Group 2 Available Funds 5,266,128.09 Senior % 93.651496% Senior Prepayment % 100.000000% Subordinate % 6.348504% Subordinate Prepayment % 0.000000% Group Group 3 Available Funds 567,079.02 Senior % 94.310727% Senior Prepayment % 100.000000% Subordinate % 5.689273% Subordinate Prepayment % 0.000000%
Miscellaneous Reporting Group Group 4 Available Funds 809,279.00 Senior % 94.577685% Senior Prepayment % 100.000000% Subordinate % 5.422315% Subordinate Prepayment % 0.000000%
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