-----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, GLOnBTBdPeXoVHE8fBshvkHUKoRS0z2nQSH8wdQeGZVCae69XKIqG0GKqU/rVt0C sfOovaCh1sZ/+6u+yaiL7Q== 0001056404-04-003149.txt : 20040928 0001056404-04-003149.hdr.sgml : 20040928 20040928165142 ACCESSION NUMBER: 0001056404-04-003149 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040927 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040928 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN HOME MORT SECURITIES HOME MORTGAGE INVEST TR 2004-1 CENTRAL INDEX KEY: 0001285877 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: 333-112273-01 FILM NUMBER: 041050383 BUSINESS ADDRESS: STREET 1: 520 BROADHOLLOW RD CITY: MELVILLE STATE: NY ZIP: 11747 8-K 1 ahm04001_sep.txt SEPTEMBER 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 27, 2004 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112273-01 N/A Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: ( ) - (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On September 27, 2004 a distribution was made to holders of AMERICAN HOME MORTGAGE INVESTMENT TRUST, Mortgage-Backed Notes, 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-Backed Notes, Series 2004-1 Trust, relating to the September 27, 2004 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Indenture Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/28/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-1 Trust, relating to the September 27, 2004 distribution. EX-99.1
AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Record Date: 8/31/2004 Distribution Date: 9/27/2004 AHM 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 I-A 02660TAE3 SEN 1.96500% 174,472,017.75 314,267.72 7,087,179.27 I-M-1 02660TAF0 MEZ 2.21500% 11,699,274.79 23,754.40 475,232.98 I-M-2 02660TAG8 MEZ 2.86500% 10,172,759.53 26,716.21 413,224.83 I-M-3 02660TAH6 MEZ 3.61500% 6,104,772.47 20,229.69 247,980.26 2-A-1 02660TAJ2 SEN 2.61000% 86,880,246.21 188,964.54 2,958,237.91 2-M-1 02660TAK9 MEZ 3.25000% 7,468,322.42 20,226.71 254,293.41 2-M-2 02660TAL7 MEZ 3.45500% 3,236,244.26 9,317.69 110,192.83 2-M-3 02660TAM5 MEZ 3.66000% 1,493,750.85 4,555.94 50,861.62 3-A-1 02660TAN3 SEN 3.28000% 141,353,619.24 386,366.56 1,602,365.26 3-M-1 02660TAP8 MEZ 3.49500% 6,803,080.17 19,813.97 77,118.78 3-M-2 02660TAQ6 MEZ 3.70000% 2,268,476.97 6,994.47 25,715.14 4-A-1 02660TAR4 SEN 3.28000% 85,909,015.76 234,817.98 3,106,638.26 4-M-1 02660TAS2 MEZ 3.49500% 4,307,582.19 12,545.83 155,770.61 4-M-2 02660TAT0 MEZ 3.70000% 3,111,238.96 9,592.99 112,508.49 4-M-3 02660TAU7 MEZ 3.90500% 1,914,895.72 6,231.39 69,246.38 OT AHM0401OT OT 0.00000% 0.00 869,759.15 0.00 Totals 547,195,297.29 2,154,155.24 16,746,566.03
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 167,384,838.48 7,401,446.99 0.00 I-M-1 0.00 11,224,041.81 498,987.38 0.00 I-M-2 0.00 9,759,534.70 439,941.04 0.00 I-M-3 0.00 5,856,792.21 268,209.95 0.00 2-A-1 0.00 83,922,008.30 3,147,202.45 0.00 2-M-1 0.00 7,214,029.01 274,520.12 0.00 2-M-2 0.00 3,126,051.43 119,510.52 0.00 2-M-3 0.00 1,442,889.23 55,417.56 0.00 3-A-1 0.00 139,751,253.97 1,988,731.82 0.00 3-M-1 0.00 6,725,961.38 96,932.75 0.00 3-M-2 0.00 2,242,761.83 32,709.61 0.00 4-A-1 0.00 82,802,377.51 3,341,456.24 0.00 4-M-1 0.00 4,151,811.59 168,316.44 0.00 4-M-2 0.00 2,998,730.46 122,101.48 0.00 4-M-3 0.00 1,845,649.34 75,477.77 0.00 OT 0.00 0.00 869,759.15 0.00 Totals 0.00 530,448,731.25 18,900,721.27 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-A 203,101,000.00 174,472,017.75 0.00 7,087,179.27 0.00 0.00 I-M-1 13,619,000.00 11,699,274.79 0.00 475,232.98 0.00 0.00 I-M-2 11,842,000.00 10,172,759.53 0.00 413,224.83 0.00 0.00 I-M-3 7,106,500.00 6,104,772.47 0.00 247,980.26 0.00 0.00 2-A-1 100,592,000.00 86,880,246.21 0.00 2,958,237.91 0.00 0.00 2-M-1 8,647,000.00 7,468,322.42 0.00 254,293.41 0.00 0.00 2-M-2 3,747,000.00 3,236,244.26 0.00 110,192.83 0.00 0.00 2-M-3 1,729,500.00 1,493,750.85 0.00 50,861.62 0.00 0.00 3-A-1 150,328,000.00 141,353,619.24 0.00 1,602,365.26 0.00 0.00 3-M-1 7,235,000.00 6,803,080.17 0.00 77,118.78 0.00 0.00 3-M-2 2,412,500.00 2,268,476.97 0.00 25,715.14 0.00 0.00 4-A-1 92,060,000.00 85,909,015.76 0.00 3,106,638.26 0.00 0.00 4-M-1 4,616,000.00 4,307,582.19 0.00 155,770.61 0.00 0.00 4-M-2 3,334,000.00 3,111,238.96 0.00 112,508.49 0.00 0.00 4-M-3 2,052,000.00 1,914,895.72 0.00 69,246.38 0.00 0.00 OT 0.00 0.00 0.00 0.00 0.00 0.00 Totals 612,421,500.00 547,195,297.29 0.00 16,746,566.03 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-A 7,087,179.27 167,384,838.48 0.82414581 7,087,179.27 I-M-1 475,232.98 11,224,041.81 0.82414581 475,232.98 I-M-2 413,224.83 9,759,534.70 0.82414581 413,224.83 I-M-3 247,980.26 5,856,792.21 0.82414581 247,980.26 2-A-1 2,958,237.91 83,922,008.30 0.83428114 2,958,237.91 2-M-1 254,293.41 7,214,029.01 0.83428114 254,293.41 2-M-2 110,192.83 3,126,051.43 0.83428114 110,192.83 2-M-3 50,861.62 1,442,889.23 0.83428114 50,861.62 3-A-1 1,602,365.26 139,751,253.97 0.92964221 1,602,365.26 3-M-1 77,118.78 6,725,961.38 0.92964221 77,118.78 3-M-2 25,715.14 2,242,761.83 0.92964221 25,715.14 4-A-1 3,106,638.26 82,802,377.51 0.89943925 3,106,638.26 4-M-1 155,770.61 4,151,811.59 0.89943925 155,770.61 4-M-2 112,508.49 2,998,730.46 0.89943925 112,508.49 4-M-3 69,246.38 1,845,649.34 0.89943925 69,246.38 OT 0.00 0.00 0.00000000 0.00 Totals 16,746,566.03 530,448,731.25 0.86614975 16,746,566.03
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 203,101,000.00 859.04066327 0.00000000 34.89485167 0.00000000 I-M-1 13,619,000.00 859.04066304 0.00000000 34.89485131 0.00000000 I-M-2 11,842,000.00 859.04066289 0.00000000 34.89485138 0.00000000 I-M-3 7,106,500.00 859.04066277 0.00000000 34.89485119 0.00000000 2-A-1 100,592,000.00 863.68942073 0.00000000 29.40828207 0.00000000 2-M-1 8,647,000.00 863.68942061 0.00000000 29.40828148 0.00000000 2-M-2 3,747,000.00 863.68942087 0.00000000 29.40828129 0.00000000 2-M-3 1,729,500.00 863.68941891 0.00000000 29.40827985 0.00000000 3-A-1 150,328,000.00 940.30133601 0.00000000 10.65912711 0.00000000 3-M-1 7,235,000.00 940.30133656 0.00000000 10.65912647 0.00000000 3-M-2 2,412,500.00 940.30133472 0.00000000 10.65912539 0.00000000 4-A-1 92,060,000.00 933.18505062 0.00000000 33.74579904 0.00000000 4-M-1 4,616,000.00 933.18504983 0.00000000 33.74579939 0.00000000 4-M-2 3,334,000.00 933.18505099 0.00000000 33.74579784 0.00000000 4-M-3 2,052,000.00 933.18504873 0.00000000 33.74579922 0.00000000 OT 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 I-A 0.00000000 34.89485167 824.14581159 0.82414581 34.89485167 I-M-1 0.00000000 34.89485131 824.14581173 0.82414581 34.89485131 I-M-2 0.00000000 34.89485138 824.14581152 0.82414581 34.89485138 I-M-3 0.00000000 34.89485119 824.14581158 0.82414581 34.89485119 2-A-1 0.00000000 29.40828207 834.28113866 0.83428114 29.40828207 2-M-1 0.00000000 29.40828148 834.28113912 0.83428114 29.40828148 2-M-2 0.00000000 29.40828129 834.28113958 0.83428114 29.40828129 2-M-3 0.00000000 29.40827985 834.28113906 0.83428114 29.40827985 3-A-1 0.00000000 10.65912711 929.64220884 0.92964221 10.65912711 3-M-1 0.00000000 10.65912647 929.64220871 0.92964221 10.65912647 3-M-2 0.00000000 10.65912539 929.64220933 0.92964221 10.65912539 4-A-1 0.00000000 33.74579904 899.43925168 0.89943925 33.74579904 4-M-1 0.00000000 33.74579939 899.43925260 0.89943925 33.74579939 4-M-2 0.00000000 33.74579784 899.43925015 0.89943925 33.74579784 4-M-3 0.00000000 33.74579922 899.43924951 0.89943925 33.74579922 OT 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-A 203,101,000.00 1.96500% 174,472,017.75 314,267.72 0.00 0.00 I-M-1 13,619,000.00 2.21500% 11,699,274.79 23,754.40 0.00 0.00 I-M-2 11,842,000.00 2.86500% 10,172,759.53 26,716.21 0.00 0.00 I-M-3 7,106,500.00 3.61500% 6,104,772.47 20,229.69 0.00 0.00 2-A-1 100,592,000.00 2.61000% 86,880,246.21 188,964.54 0.00 0.00 2-M-1 8,647,000.00 3.25000% 7,468,322.42 20,226.71 0.00 0.00 2-M-2 3,747,000.00 3.45500% 3,236,244.26 9,317.69 0.00 0.00 2-M-3 1,729,500.00 3.66000% 1,493,750.85 4,555.94 0.00 0.00 3-A-1 150,328,000.00 3.28000% 141,353,619.24 386,366.56 0.00 0.00 3-M-1 7,235,000.00 3.49500% 6,803,080.17 19,813.97 0.00 0.00 3-M-2 2,412,500.00 3.70000% 2,268,476.97 6,994.47 0.00 0.00 4-A-1 92,060,000.00 3.28000% 85,909,015.76 234,817.98 0.00 0.00 4-M-1 4,616,000.00 3.49500% 4,307,582.19 12,545.83 0.00 0.00 4-M-2 3,334,000.00 3.70000% 3,111,238.96 9,592.99 0.00 0.00 4-M-3 2,052,000.00 3.90500% 1,914,895.72 6,231.39 0.00 0.00 OT 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 612,421,500.00 1,284,396.09 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-A 0.00 0.00 314,267.72 0.00 167,384,838.48 I-M-1 0.00 0.00 23,754.40 0.00 11,224,041.81 I-M-2 0.00 0.00 26,716.21 0.00 9,759,534.70 I-M-3 0.00 0.00 20,229.69 0.00 5,856,792.21 2-A-1 0.00 0.00 188,964.54 0.00 83,922,008.30 2-M-1 0.00 0.00 20,226.71 0.00 7,214,029.01 2-M-2 0.00 0.00 9,317.69 0.00 3,126,051.43 2-M-3 0.00 0.00 4,555.94 0.00 1,442,889.23 3-A-1 0.00 0.00 386,366.56 0.00 139,751,253.97 3-M-1 0.00 0.00 19,813.97 0.00 6,725,961.38 3-M-2 0.00 0.00 6,994.47 0.00 2,242,761.83 4-A-1 0.00 0.00 234,817.98 0.00 82,802,377.51 4-M-1 0.00 0.00 12,545.83 0.00 4,151,811.59 4-M-2 0.00 0.00 9,592.99 0.00 2,998,730.46 4-M-3 0.00 0.00 6,231.39 0.00 1,845,649.34 OT 0.00 0.00 869,759.15 0.00 0.00 Totals 0.00 0.00 2,154,155.24 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-A 203,101,000.00 1.96500% 859.04066327 1.54734698 0.00000000 0.00000000 I-M-1 13,619,000.00 2.21500% 859.04066304 1.74421029 0.00000000 0.00000000 I-M-2 11,842,000.00 2.86500% 859.04066289 2.25605556 0.00000000 0.00000000 I-M-3 7,106,500.00 3.61500% 859.04066277 2.84664603 0.00000000 0.00000000 2-A-1 100,592,000.00 2.61000% 863.68942073 1.87852453 0.00000000 0.00000000 2-M-1 8,647,000.00 3.25000% 863.68942061 2.33915925 0.00000000 0.00000000 2-M-2 3,747,000.00 3.45500% 863.68942087 2.48670670 0.00000000 0.00000000 2-M-3 1,729,500.00 3.66000% 863.68941891 2.63425267 0.00000000 0.00000000 3-A-1 150,328,000.00 3.28000% 940.30133601 2.57015699 0.00000000 0.00000000 3-M-1 7,235,000.00 3.49500% 940.30133656 2.73862751 0.00000000 0.00000000 3-M-2 2,412,500.00 3.70000% 940.30133472 2.89926218 0.00000000 0.00000000 4-A-1 92,060,000.00 3.28000% 933.18505062 2.55070584 0.00000000 0.00000000 4-M-1 4,616,000.00 3.49500% 933.18504983 2.71790078 0.00000000 0.00000000 4-M-2 3,334,000.00 3.70000% 933.18505099 2.87732154 0.00000000 0.00000000 4-M-3 2,052,000.00 3.90500% 933.18504873 3.03673977 0.00000000 0.00000000 OT 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 I-A 0.00000000 0.00000000 1.54734698 0.00000000 824.14581159 I-M-1 0.00000000 0.00000000 1.74421029 0.00000000 824.14581173 I-M-2 0.00000000 0.00000000 2.25605556 0.00000000 824.14581152 I-M-3 0.00000000 0.00000000 2.84664603 0.00000000 824.14581158 2-A-1 0.00000000 0.00000000 1.87852453 0.00000000 834.28113866 2-M-1 0.00000000 0.00000000 2.33915925 0.00000000 834.28113912 2-M-2 0.00000000 0.00000000 2.48670670 0.00000000 834.28113958 2-M-3 0.00000000 0.00000000 2.63425267 0.00000000 834.28113906 3-A-1 0.00000000 0.00000000 2.57015699 0.00000000 929.64220884 3-M-1 0.00000000 0.00000000 2.73862751 0.00000000 929.64220871 3-M-2 0.00000000 0.00000000 2.89926218 0.00000000 929.64220933 4-A-1 0.00000000 0.00000000 2.55070584 0.00000000 899.43925168 4-M-1 0.00000000 0.00000000 2.71790078 0.00000000 899.43925260 4-M-2 0.00000000 0.00000000 2.87732154 0.00000000 899.43925015 4-M-3 0.00000000 0.00000000 3.03673977 0.00000000 899.43924951 OT 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 19,062,839.71 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 28,080.88 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 19,090,920.59 Withdrawals Reimbursement for Servicer Advances 18,239.06 Payment of Service Fee 171,960.24 Payment of Interest and Principal 18,900,721.29 Total Withdrawals (Pool Distribution Amount) 19,090,920.59 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 171,960.24 Indenture Trustee Fee 0.00 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 171,960.24
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 1 0 0 1 296,197.65 0.00 0.00 296,197.65 30 Days 10 0 0 0 10 2,959,886.73 0.00 0.00 0.00 2,959,886.73 60 Days 2 0 2 0 4 349,829.56 0.00 413,428.17 0.00 763,257.73 90 Days 0 0 1 0 1 0.00 0.00 99,750.00 0.00 99,750.00 120 Days 2 0 4 0 6 366,837.15 0.00 882,477.63 0.00 1,249,314.78 150 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 14 1 7 0 22 3,676,553.44 296,197.65 1,395,655.80 0.00 5,368,406.89 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 0.049310% 0.000000% 0.000000% 0.049310% 0.055485% 0.000000% 0.000000% 0.055485% 30 Days 0.493097% 0.000000% 0.000000% 0.000000% 0.493097% 0.554460% 0.000000% 0.000000% 0.000000% 0.554460% 60 Days 0.098619% 0.000000% 0.098619% 0.000000% 0.197239% 0.065532% 0.000000% 0.077445% 0.000000% 0.142977% 90 Days 0.000000% 0.000000% 0.049310% 0.000000% 0.049310% 0.000000% 0.000000% 0.018686% 0.000000% 0.018686% 120 Days 0.098619% 0.000000% 0.197239% 0.000000% 0.295858% 0.068718% 0.000000% 0.165310% 0.000000% 0.234027% 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 0.690335% 0.049310% 0.345168% 0.000000% 1.084813% 0.688709% 0.055485% 0.261441% 0.000000% 1.005635%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I 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 1,600,066.42 0.00 0.00 0.00 1,600,066.42 60 Days 1 0 2 0 3 160,190.30 0.00 413,428.17 0.00 573,618.47 90 Days 0 0 1 0 1 0.00 0.00 99,750.00 0.00 99,750.00 120 Days 1 0 3 0 4 251,259.38 0.00 804,353.50 0.00 1,055,612.88 150 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 7 0 6 0 13 2,011,516.10 0.00 1,317,531.67 0.00 3,329,047.77 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.696379% 0.000000% 0.000000% 0.000000% 0.696379% 0.818471% 0.000000% 0.000000% 0.000000% 0.818471% 60 Days 0.139276% 0.000000% 0.278552% 0.000000% 0.417827% 0.081941% 0.000000% 0.211478% 0.000000% 0.293419% 90 Days 0.000000% 0.000000% 0.139276% 0.000000% 0.139276% 0.000000% 0.000000% 0.051024% 0.000000% 0.051024% 120 Days 0.139276% 0.000000% 0.417827% 0.000000% 0.557103% 0.128525% 0.000000% 0.411445% 0.000000% 0.539970% 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 0.974930% 0.000000% 0.835655% 0.000000% 1.810585% 1.028937% 0.000000% 0.673948% 0.000000% 1.702885%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II 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 80,586.73 0.00 0.00 0.00 80,586.73 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 1 0 1 0.00 0.00 78,124.13 0.00 78,124.13 150 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 1 0 2 80,586.73 0.00 78,124.13 0.00 158,710.86 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.243902% 0.000000% 0.000000% 0.000000% 0.243902% 0.083627% 0.000000% 0.000000% 0.000000% 0.083627% 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% 0.243902% 0.000000% 0.243902% 0.000000% 0.000000% 0.081071% 0.000000% 0.081071% 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 0.243902% 0.000000% 0.243902% 0.000000% 0.487805% 0.083627% 0.000000% 0.081071% 0.000000% 0.164698%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group III 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 2 884,647.22 0.00 0.00 0.00 884,647.22 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 2 884,647.22 0.00 0.00 0.00 884,647.22 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.467290% 0.000000% 0.000000% 0.000000% 0.467290% 0.591393% 0.000000% 0.000000% 0.000000% 0.591393% 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 0.467290% 0.000000% 0.000000% 0.000000% 0.467290% 0.591393% 0.000000% 0.000000% 0.000000% 0.591393%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group IV 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 1 0 0 1 296,197.65 0.00 0.00 296,197.65 30 Days 2 0 0 0 2 394,586.36 0.00 0.00 0.00 394,586.36 60 Days 1 0 0 0 1 189,639.26 0.00 0.00 0.00 189,639.26 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 1 0 0 0 1 115,577.77 0.00 0.00 0.00 115,577.77 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 4 1 0 0 5 699,803.39 296,197.65 0.00 0.00 996,001.04 0-29 Days 0.211864% 0.000000% 0.000000% 0.211864% 0.320608% 0.000000% 0.000000% 0.320608% 30 Days 0.423729% 0.000000% 0.000000% 0.000000% 0.423729% 0.427105% 0.000000% 0.000000% 0.000000% 0.427105% 60 Days 0.211864% 0.000000% 0.000000% 0.000000% 0.211864% 0.205268% 0.000000% 0.000000% 0.000000% 0.205268% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.211864% 0.000000% 0.000000% 0.000000% 0.211864% 0.125103% 0.000000% 0.000000% 0.000000% 0.125103% 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 0.847458% 0.211864% 0.000000% 0.000000% 1.059322% 0.757476% 0.320608% 0.000000% 0.000000% 1.078084%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 28,080.88
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.072645% Weighted Average Net Coupon 4.697645% Weighted Average Pass-Through Rate 4.697645% Weighted Average Maturity(Stepdown Calculation ) 353 Beginning Scheduled Collateral Loan Count 2,091 Number Of Loans Paid In Full 63 Ending Scheduled Collateral Loan Count 2,028 Beginning Scheduled Collateral Balance 550,272,793.52 Ending Scheduled Collateral Balance 533,526,227.46 Ending Actual Collateral Balance at 31-Aug-2004 533,832,718.05 Monthly P &I Constant 2,729,168.06 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 533,526,227.46 Scheduled Principal 403,052.59 Unscheduled Principal 16,343,513.47
Group Level Collateral Statement Group Group I Group II Group III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.718679 5.315015 4.783561 Weighted Average Net Rate 4.343679 4.940015 4.408561 Weighted Average Maturity 353 353 352 Beginning Loan Count 752 421 433 Loans Paid In Full 34 11 5 Ending Loan Count 718 410 428 Beginning Scheduled Balance 203,633,088.38 99,655,023.87 151,229,074.01 Ending scheduled Balance 195,409,471.03 96,281,438.09 149,523,874.82 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 898,441.67 556,848.04 696,863.20 Scheduled Principal 97,708.94 115,458.11 94,018.67 Unscheduled Principal 8,125,908.41 3,258,127.67 1,611,180.52 Scheduled Interest 800,732.73 441,389.93 602,844.53 Servicing Fees 63,635.34 31,142.19 47,259.08 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 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 737,097.39 410,247.74 555,585.45 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 4.343679 4.940015 4.408561 Group I Group II Group III Required Overcollateralization Amount 0.00 0.00 0.00 Overcollateralization Increase Amount 0.00 0.00 0.00 Overcollateralization Reduction Amount 0.00 0.00 0.00 Specified Overcollateralization Amount 1,184,263.83 576,460.12 803,897.64 Overcollateralization Amount 1,184,263.83 576,460.12 803,897.64 Overcollateralization Deficiency Amount 0.00 0.00 0.00 Base Overcollateralization Amount 0.00 0.00 0.00 Extra Principal Distribution Amount 0.00 0.00 0.00 Excess Cash Amount 352,129.37 187,182.87 142,410.45
Group Level Collateral Statement Group Group IV Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.029704 5.072645 Weighted Average Net Rate 5.654704 4.697645 Weighted Average Maturity 354 353 Beginning Loan Count 485 2,091 Loans Paid In Full 13 63 Ending Loan Count 472 2,028 Beginning Scheduled Balance 95,755,607.26 550,272,793.52 Ending scheduled Balance 92,311,443.52 533,526,227.46 Record Date 08/31/2004 08/31/2004 Principal And Interest Constant 577,015.15 2,729,168.06 Scheduled Principal 95,866.87 403,052.59 Unscheduled Principal 3,348,296.87 16,343,513.47 Scheduled Interest 481,148.28 2,326,115.47 Servicing Fees 29,923.63 171,960.24 Master Servicing Fees 0.00 0.00 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 451,224.65 2,154,155.23 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 5.654704 4.697645 Group IV Total Required Overcollateralization Amount 0.00 0.00 Overcollateralization Increase Amount 0.00 0.00 Overcollateralization Reduction Amount 0.00 0.00 Specified Overcollateralization Amount 512,874.62 3,077,496.21 Overcollateralization Amount 512,874.62 3,077,496.21 Overcollateralization Deficiency Amount 0.00 0.00 Base Overcollateralization Amount 0.00 0.00 Extra Principal Distribution Amount 0.00 0.00 Excess Cash Amount 188,036.46 869,759.15
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