-----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, RJwswAmtgcDy8ov8P+cIUw99dBspVb+g+S7TB+5fcW4N6q1SGN3dYuLJj0NpDyPP 27wW4wQQsFrx59N4hAGVaw== 0001056404-05-000281.txt : 20050105 0001056404-05-000281.hdr.sgml : 20050105 20050105142205 ACCESSION NUMBER: 0001056404-05-000281 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041227 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050105 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] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-112273-01 FILM NUMBER: 05511883 BUSINESS ADDRESS: STREET 1: 520 BROADHOLLOW RD CITY: MELVILLE STATE: NY ZIP: 11747 8-K 1 ahm04001_dec.txt DECEMBER 8K 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): December 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: (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 December 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 December 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: 12/30/2004 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 December 27, 2004 distribution. EX-99.1
AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Record Date: 11/30/2004 Distribution Date: 12/27/2004 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes 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 2.53000% 151,716,655.76 330,531.59 8,651,161.55 I-M-1 02660TAF0 MEZ 2.78000% 10,173,407.00 24,354.01 580,106.30 I-M-2 02660TAG8 MEZ 3.43000% 8,845,986.17 26,127.60 504,414.33 I-M-3 02660TAH6 MEZ 4.18000% 5,308,562.80 19,107.88 302,703.97 2-A-1 02660TAJ2 SEN 2.61000% 78,043,540.24 169,744.70 3,132,351.10 2-M-1 02660TAK9 MEZ 3.25000% 6,708,709.37 18,169.42 269,260.38 2-M-2 02660TAL7 MEZ 3.45500% 2,907,081.53 8,369.97 116,678.46 2-M-3 02660TAM5 MEZ 3.66000% 1,341,819.46 4,092.55 53,855.19 3-A-1 02660TAN3 SEN 3.28000% 132,754,344.10 362,861.87 4,103,349.55 3-M-1 02660TAP8 MEZ 3.49500% 6,389,213.45 18,608.58 197,486.39 3-M-2 02660TAQ6 MEZ 3.70000% 2,130,473.73 6,568.96 65,851.54 4-A-1 02660TAR4 SEN 3.28000% 77,518,395.18 211,883.61 2,151,328.31 4-M-1 02660TAS2 MEZ 3.49500% 3,886,866.31 11,320.50 107,870.21 4-M-2 02660TAT0 MEZ 3.70000% 2,807,368.34 8,656.05 77,911.46 4-M-3 02660TAU7 MEZ 3.90500% 1,727,870.38 5,622.78 47,952.70 OT AHM0401OT OT 0.00000% 0.00 734,966.24 0.00 Totals 492,260,293.82 1,960,986.31 20,362,281.44
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 143,065,494.21 8,981,693.14 0.00 I-M-1 0.00 9,593,300.70 604,460.31 0.00 I-M-2 0.00 8,341,571.84 530,541.93 0.00 I-M-3 0.00 5,005,858.83 321,811.85 0.00 2-A-1 0.00 74,911,189.14 3,302,095.80 0.00 2-M-1 0.00 6,439,448.99 287,429.80 0.00 2-M-2 0.00 2,790,403.07 125,048.43 0.00 2-M-3 0.00 1,287,964.27 57,947.74 0.00 3-A-1 0.00 128,650,994.56 4,466,211.42 0.00 3-M-1 0.00 6,191,727.06 216,094.97 0.00 3-M-2 0.00 2,064,622.19 72,420.50 0.00 4-A-1 0.00 75,367,066.86 2,363,211.92 0.00 4-M-1 0.00 3,778,996.10 119,190.71 0.00 4-M-2 0.00 2,729,456.89 86,567.51 0.00 4-M-3 0.00 1,679,917.68 53,575.48 0.00 OT 0.00 0.00 734,966.24 0.00 Totals 0.00 471,898,012.39 22,323,267.75 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 203,101,000.00 151,716,655.76 0.00 8,651,161.55 0.00 0.00 I-M-1 13,619,000.00 10,173,407.00 0.00 580,106.30 0.00 0.00 I-M-2 11,842,000.00 8,845,986.17 0.00 504,414.33 0.00 0.00 I-M-3 7,106,500.00 5,308,562.80 0.00 302,703.97 0.00 0.00 2-A-1 100,592,000.00 78,043,540.24 0.00 3,132,351.10 0.00 0.00 2-M-1 8,647,000.00 6,708,709.37 0.00 269,260.38 0.00 0.00 2-M-2 3,747,000.00 2,907,081.53 0.00 116,678.46 0.00 0.00 2-M-3 1,729,500.00 1,341,819.46 0.00 53,855.19 0.00 0.00 3-A-1 150,328,000.00 132,754,344.10 0.00 4,103,349.55 0.00 0.00 3-M-1 7,235,000.00 6,389,213.45 0.00 197,486.39 0.00 0.00 3-M-2 2,412,500.00 2,130,473.73 0.00 65,851.54 0.00 0.00 4-A-1 92,060,000.00 77,518,395.18 0.00 2,151,328.31 0.00 0.00 4-M-1 4,616,000.00 3,886,866.31 0.00 107,870.21 0.00 0.00 4-M-2 3,334,000.00 2,807,368.34 0.00 77,911.46 0.00 0.00 4-M-3 2,052,000.00 1,727,870.38 0.00 47,952.70 0.00 0.00 OT 0.00 0.00 0.00 0.00 0.00 0.00 Totals 612,421,500.00 492,260,293.82 0.00 20,362,281.44 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 8,651,161.55 143,065,494.21 0.70440566 8,651,161.55 I-M-1 580,106.30 9,593,300.70 0.70440566 580,106.30 I-M-2 504,414.33 8,341,571.84 0.70440566 504,414.33 I-M-3 302,703.97 5,005,858.83 0.70440566 302,703.97 2-A-1 3,132,351.10 74,911,189.14 0.74470325 3,132,351.10 2-M-1 269,260.38 6,439,448.99 0.74470325 269,260.38 2-M-2 116,678.46 2,790,403.07 0.74470325 116,678.46 2-M-3 53,855.19 1,287,964.27 0.74470325 53,855.19 3-A-1 4,103,349.55 128,650,994.56 0.85580194 4,103,349.55 3-M-1 197,486.39 6,191,727.06 0.85580194 197,486.39 3-M-2 65,851.54 2,064,622.19 0.85580194 65,851.54 4-A-1 2,151,328.31 75,367,066.86 0.81867333 2,151,328.31 4-M-1 107,870.21 3,778,996.10 0.81867333 107,870.21 4-M-2 77,911.46 2,729,456.89 0.81867333 77,911.46 4-M-3 47,952.70 1,679,917.68 0.81867333 47,952.70 OT 0.00 0.00 0.00000000 0.00 Totals 20,362,281.44 471,898,012.39 0.77054449 20,362,281.44
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 203,101,000.00 747.00102786 0.00000000 42.59536659 0.00000000 I-M-1 13,619,000.00 747.00102798 0.00000000 42.59536677 0.00000000 I-M-2 11,842,000.00 747.00102770 0.00000000 42.59536649 0.00000000 I-M-3 7,106,500.00 747.00102723 0.00000000 42.59536621 0.00000000 2-A-1 100,592,000.00 775.84241530 0.00000000 31.13916713 0.00000000 2-M-1 8,647,000.00 775.84241587 0.00000000 31.13916734 0.00000000 2-M-2 3,747,000.00 775.84241527 0.00000000 31.13916733 0.00000000 2-M-3 1,729,500.00 775.84241688 0.00000000 31.13916739 0.00000000 3-A-1 150,328,000.00 883.09791988 0.00000000 27.29597646 0.00000000 3-M-1 7,235,000.00 883.09791983 0.00000000 27.29597650 0.00000000 3-M-2 2,412,500.00 883.09791917 0.00000000 27.29597513 0.00000000 4-A-1 92,060,000.00 842.04209407 0.00000000 23.36876287 0.00000000 4-M-1 4,616,000.00 842.04209489 0.00000000 23.36876300 0.00000000 4-M-2 3,334,000.00 842.04209358 0.00000000 23.36876425 0.00000000 4-M-3 2,052,000.00 842.04209552 0.00000000 23.36876218 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 42.59536659 704.40566127 0.70440566 42.59536659 I-M-1 0.00000000 42.59536677 704.40566121 0.70440566 42.59536677 I-M-2 0.00000000 42.59536649 704.40566121 0.70440566 42.59536649 I-M-3 0.00000000 42.59536621 704.40566101 0.70440566 42.59536621 2-A-1 0.00000000 31.13916713 744.70324817 0.74470325 31.13916713 2-M-1 0.00000000 31.13916734 744.70324853 0.74470325 31.13916734 2-M-2 0.00000000 31.13916733 744.70324793 0.74470325 31.13916733 2-M-3 0.00000000 31.13916739 744.70324949 0.74470325 31.13916739 3-A-1 0.00000000 27.29597646 855.80194348 0.85580194 27.29597646 3-M-1 0.00000000 27.29597650 855.80194333 0.85580194 27.29597650 3-M-2 0.00000000 27.29597513 855.80194404 0.85580194 27.29597513 4-A-1 0.00000000 23.36876287 818.67333109 0.81867333 23.36876287 4-M-1 0.00000000 23.36876300 818.67333189 0.81867333 23.36876300 4-M-2 0.00000000 23.36876425 818.67333233 0.81867333 23.36876425 4-M-3 0.00000000 23.36876218 818.67333333 0.81867333 23.36876218 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 2.53000% 151,716,655.76 330,531.59 0.00 0.00 I-M-1 13,619,000.00 2.78000% 10,173,407.00 24,354.01 0.00 0.00 I-M-2 11,842,000.00 3.43000% 8,845,986.17 26,127.60 0.00 0.00 I-M-3 7,106,500.00 4.18000% 5,308,562.80 19,107.88 0.00 0.00 2-A-1 100,592,000.00 2.61000% 78,043,540.24 169,744.70 0.00 0.00 2-M-1 8,647,000.00 3.25000% 6,708,709.37 18,169.42 0.00 0.00 2-M-2 3,747,000.00 3.45500% 2,907,081.53 8,369.97 0.00 0.00 2-M-3 1,729,500.00 3.66000% 1,341,819.46 4,092.55 0.00 0.00 3-A-1 150,328,000.00 3.28000% 132,754,344.10 362,861.87 0.00 0.00 3-M-1 7,235,000.00 3.49500% 6,389,213.45 18,608.58 0.00 0.00 3-M-2 2,412,500.00 3.70000% 2,130,473.73 6,568.96 0.00 0.00 4-A-1 92,060,000.00 3.28000% 77,518,395.18 211,883.61 0.00 0.00 4-M-1 4,616,000.00 3.49500% 3,886,866.31 11,320.50 0.00 0.00 4-M-2 3,334,000.00 3.70000% 2,807,368.34 8,656.05 0.00 0.00 4-M-3 2,052,000.00 3.90500% 1,727,870.38 5,622.78 0.00 0.00 OT 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 612,421,500.00 1,226,020.07 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 0.00 330,531.59 0.00 143,065,494.21 I-M-1 0.00 0.00 24,354.01 0.00 9,593,300.70 I-M-2 0.00 0.00 26,127.60 0.00 8,341,571.84 I-M-3 0.00 0.00 19,107.88 0.00 5,005,858.83 2-A-1 0.00 0.00 169,744.70 0.00 74,911,189.14 2-M-1 0.00 0.00 18,169.42 0.00 6,439,448.99 2-M-2 0.00 0.00 8,369.97 0.00 2,790,403.07 2-M-3 0.00 0.00 4,092.55 0.00 1,287,964.27 3-A-1 0.00 0.00 362,861.87 0.00 128,650,994.56 3-M-1 0.00 0.00 18,608.58 0.00 6,191,727.06 3-M-2 0.00 0.00 6,568.96 0.00 2,064,622.19 4-A-1 0.00 0.00 211,883.61 0.00 75,367,066.86 4-M-1 0.00 0.00 11,320.50 0.00 3,778,996.10 4-M-2 0.00 0.00 8,656.05 0.00 2,729,456.89 4-M-3 0.00 0.00 5,622.78 0.00 1,679,917.68 OT 0.00 0.00 734,966.24 0.00 0.00 Totals 0.00 0.00 1,960,986.31 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 2.53000% 747.00102786 1.62742473 0.00000000 0.00000000 I-M-1 13,619,000.00 2.78000% 747.00102798 1.78823776 0.00000000 0.00000000 I-M-2 11,842,000.00 3.43000% 747.00102770 2.20635028 0.00000000 0.00000000 I-M-3 7,106,500.00 4.18000% 747.00102723 2.68878914 0.00000000 0.00000000 2-A-1 100,592,000.00 2.61000% 775.84241530 1.68745725 0.00000000 0.00000000 2-M-1 8,647,000.00 3.25000% 775.84241587 2.10123974 0.00000000 0.00000000 2-M-2 3,747,000.00 3.45500% 775.84241527 2.23377902 0.00000000 0.00000000 2-M-3 1,729,500.00 3.66000% 775.84241688 2.36631975 0.00000000 0.00000000 3-A-1 150,328,000.00 3.28000% 883.09791988 2.41380096 0.00000000 0.00000000 3-M-1 7,235,000.00 3.49500% 883.09791983 2.57202211 0.00000000 0.00000000 3-M-2 2,412,500.00 3.70000% 883.09791917 2.72288497 0.00000000 0.00000000 4-A-1 92,060,000.00 3.28000% 842.04209407 2.30158169 0.00000000 0.00000000 4-M-1 4,616,000.00 3.49500% 842.04209489 2.45244801 0.00000000 0.00000000 4-M-2 3,334,000.00 3.70000% 842.04209358 2.59629574 0.00000000 0.00000000 4-M-3 2,052,000.00 3.90500% 842.04209552 2.74014620 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 1.62742473 0.00000000 704.40566127 I-M-1 0.00000000 0.00000000 1.78823776 0.00000000 704.40566121 I-M-2 0.00000000 0.00000000 2.20635028 0.00000000 704.40566121 I-M-3 0.00000000 0.00000000 2.68878914 0.00000000 704.40566101 2-A-1 0.00000000 0.00000000 1.68745725 0.00000000 744.70324817 2-M-1 0.00000000 0.00000000 2.10123974 0.00000000 744.70324853 2-M-2 0.00000000 0.00000000 2.23377902 0.00000000 744.70324793 2-M-3 0.00000000 0.00000000 2.36631975 0.00000000 744.70324949 3-A-1 0.00000000 0.00000000 2.41380096 0.00000000 855.80194348 3-M-1 0.00000000 0.00000000 2.57202211 0.00000000 855.80194333 3-M-2 0.00000000 0.00000000 2.72288497 0.00000000 855.80194404 4-A-1 0.00000000 0.00000000 2.30158169 0.00000000 818.67333109 4-M-1 0.00000000 0.00000000 2.45244801 0.00000000 818.67333189 4-M-2 0.00000000 0.00000000 2.59629574 0.00000000 818.67333233 4-M-3 0.00000000 0.00000000 2.74014620 0.00000000 818.67333333 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 22,476,200.47 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 39,270.85 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 22,515,471.32 Withdrawals Reimbursement for Servicer Advances 37,410.49 Payment of Service Fee 154,793.07 Payment of Interest and Principal 22,323,267.76 Total Withdrawals (Pool Distribution Amount) 22,515,471.32 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 154,793.07 Indenture Trustee Fee 0.00 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 154,793.07
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 1 165,695.51 0.00 0.00 165,695.51 30 Days 10 0 0 0 10 2,008,061.41 0.00 0.00 0.00 2,008,061.41 60 Days 1 0 4 0 5 90,101.90 0.00 1,281,598.14 0.00 1,371,700.04 90 Days 1 0 1 0 2 109,788.49 0.00 493,442.12 0.00 603,230.61 120 Days 0 0 5 0 5 0.00 0.00 1,467,127.65 0.00 1,467,127.65 150 Days 1 0 0 0 1 265,220.44 0.00 0.00 0.00 265,220.44 180+ Days 2 0 3 0 5 366,837.15 0.00 668,727.63 0.00 1,035,564.78 Totals 15 1 13 0 29 2,840,009.39 165,695.51 3,910,895.54 0.00 6,916,600.44 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 0.054885% 0.000000% 0.000000% 0.054885% 0.034862% 0.000000% 0.000000% 0.034862% 30 Days 0.548847% 0.000000% 0.000000% 0.000000% 0.548847% 0.422487% 0.000000% 0.000000% 0.000000% 0.422487% 60 Days 0.054885% 0.000000% 0.219539% 0.000000% 0.274424% 0.018957% 0.000000% 0.269642% 0.000000% 0.288599% 90 Days 0.054885% 0.000000% 0.054885% 0.000000% 0.109769% 0.023099% 0.000000% 0.103818% 0.000000% 0.126917% 120 Days 0.000000% 0.000000% 0.274424% 0.000000% 0.274424% 0.000000% 0.000000% 0.308677% 0.000000% 0.308677% 150 Days 0.054885% 0.000000% 0.000000% 0.000000% 0.054885% 0.055801% 0.000000% 0.000000% 0.000000% 0.055801% 180+ Days 0.109769% 0.000000% 0.164654% 0.000000% 0.274424% 0.077181% 0.000000% 0.140697% 0.000000% 0.217878% Totals 0.823271% 0.054885% 0.713502% 0.000000% 1.591658% 0.597525% 0.034862% 0.822834% 0.000000% 1.455221%
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 1 0 0 0 1 330,536.05 0.00 0.00 0.00 330,536.05 60 Days 1 0 2 0 3 90,101.90 0.00 567,515.10 0.00 657,617.00 90 Days 0 0 1 0 1 0.00 0.00 493,442.12 0.00 493,442.12 120 Days 0 0 3 0 3 0.00 0.00 1,116,574.74 0.00 1,116,574.74 150 Days 1 0 0 0 1 265,220.44 0.00 0.00 0.00 265,220.44 180 Days 1 0 2 0 3 251,259.38 0.00 590,603.50 0.00 841,862.88 Totals 4 0 8 0 12 937,117.77 0.00 2,768,135.46 0.00 3,705,253.23 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.160772% 0.000000% 0.000000% 0.000000% 0.160772% 0.197595% 0.000000% 0.000000% 0.000000% 0.197595% 60 Days 0.160772% 0.000000% 0.321543% 0.000000% 0.482315% 0.053863% 0.000000% 0.339261% 0.000000% 0.393124% 90 Days 0.000000% 0.000000% 0.160772% 0.000000% 0.160772% 0.000000% 0.000000% 0.294980% 0.000000% 0.294980% 120 Days 0.000000% 0.000000% 0.482315% 0.000000% 0.482315% 0.000000% 0.000000% 0.667489% 0.000000% 0.667489% 150 Days 0.160772% 0.000000% 0.000000% 0.000000% 0.160772% 0.158549% 0.000000% 0.000000% 0.000000% 0.158549% 180 Days 0.160772% 0.000000% 0.321543% 0.000000% 0.482315% 0.150203% 0.000000% 0.353063% 0.000000% 0.503266% Totals 0.643087% 0.000000% 1.286174% 0.000000% 1.929260% 0.560210% 0.000000% 1.654794% 0.000000% 2.215004% 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 1 0 0 1 165,695.51 0.00 0.00 165,695.51 30 Days 5 0 0 0 5 1,105,733.76 0.00 0.00 0.00 1,105,733.76 60 Days 0 0 1 0 1 0.00 0.00 497,116.14 0.00 497,116.14 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 80,586.73 0.00 80,586.73 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 1 0 1 0.00 0.00 78,124.13 0.00 78,124.13 Totals 5 1 3 0 9 1,105,733.76 165,695.51 655,827.00 0.00 1,927,256.27 0-29 Days 0.271003% 0.000000% 0.000000% 0.271003% 0.192458% 0.000000% 0.000000% 0.192458% 30 Days 1.355014% 0.000000% 0.000000% 0.000000% 1.355014% 1.284326% 0.000000% 0.000000% 0.000000% 1.284326% 60 Days 0.000000% 0.000000% 0.271003% 0.000000% 0.271003% 0.000000% 0.000000% 0.577407% 0.000000% 0.577407% 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% 0.271003% 0.000000% 0.271003% 0.000000% 0.000000% 0.093603% 0.000000% 0.093603% 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% 0.271003% 0.000000% 0.271003% 0.000000% 0.000000% 0.090742% 0.000000% 0.090742% Totals 1.355014% 0.271003% 0.813008% 0.000000% 2.439024% 1.284326% 0.192458% 0.761752% 0.000000% 2.238536% 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 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 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 4 0 0 0 4 571,791.60 0.00 0.00 0.00 571,791.60 60 Days 0 0 1 0 1 0.00 0.00 216,966.90 0.00 216,966.90 90 Days 1 0 0 0 1 109,788.49 0.00 0.00 0.00 109,788.49 120 Days 0 0 1 0 1 0.00 0.00 269,966.18 0.00 269,966.18 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 1 0 0 0 1 115,577.77 0.00 0.00 0.00 115,577.77 Totals 6 0 2 0 8 797,157.86 0.00 486,933.08 0.00 1,284,090.94 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.923788% 0.000000% 0.000000% 0.000000% 0.923788% 0.679536% 0.000000% 0.000000% 0.000000% 0.679536% 60 Days 0.000000% 0.000000% 0.230947% 0.000000% 0.230947% 0.000000% 0.000000% 0.257851% 0.000000% 0.257851% 90 Days 0.230947% 0.000000% 0.000000% 0.000000% 0.230947% 0.130476% 0.000000% 0.000000% 0.000000% 0.130476% 120 Days 0.000000% 0.000000% 0.230947% 0.000000% 0.230947% 0.000000% 0.000000% 0.320837% 0.000000% 0.320837% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.230947% 0.000000% 0.000000% 0.000000% 0.230947% 0.137357% 0.000000% 0.000000% 0.000000% 0.137357% Totals 1.385681% 0.000000% 0.461894% 0.000000% 1.847575% 0.947369% 0.000000% 0.578688% 0.000000% 1.526057%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 39,270.85
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.125664% Weighted Average Net Coupon 4.750664% Weighted Average Pass-Through Rate 4.750664% Weighted Average Maturity(Stepdown Calculation ) 350 Beginning Scheduled Collateral Loan Count 1,891 Number Of Loans Paid In Full 69 Ending Scheduled Collateral Loan Count 1,822 Beginning Scheduled Collateral Balance 495,337,790.03 Ending Scheduled Collateral Balance 474,975,508.59 Ending Actual Collateral Balance at 30-Nov-2004 475,295,670.12 Monthly P &I Constant 2,482,627.52 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 474,975,508.59 Scheduled Principal 366,848.13 Unscheduled Principal 19,995,433.31
Group Level Collateral Statement Group Group I Group II Group III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.904371 5.270499 4.771202 Weighted Average Net Rate 4.529371 4.895499 4.396202 Weighted Average Maturity 350 350 349 Beginning Loan Count 653 384 409 Loans Paid In Full 31 15 11 Ending Loan Count 622 369 398 Beginning Scheduled Balance 177,228,875.57 89,577,610.72 142,077,928.92 Ending scheduled Balance 167,190,489.42 86,005,465.59 137,711,241.44 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 807,712.67 499,355.93 653,137.19 Scheduled Principal 83,382.57 105,923.64 88,235.08 Unscheduled Principal 9,955,003.58 3,466,221.49 4,278,452.40 Scheduled Interest 724,330.10 393,432.29 564,902.11 Servicing Fees 55,384.03 27,993.01 44,399.35 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 668,946.07 365,439.28 520,502.76 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 4.529371 4.895499 4.396202 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 268,824.99 165,062.64 132,463.34
Group Level Collateral Statement Group Group IV Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.011771 5.125664 Weighted Average Net Rate 5.636771 4.750664 Weighted Average Maturity 351 350 Beginning Loan Count 445 1,891 Loans Paid In Full 12 69 Ending Loan Count 433 1,822 Beginning Scheduled Balance 86,453,374.82 495,337,790.03 Ending scheduled Balance 84,068,312.14 474,975,508.59 Record Date 11/30/2004 11/30/2004 Principal And Interest Constant 522,421.73 2,482,627.52 Scheduled Principal 89,306.84 366,848.13 Unscheduled Principal 2,295,755.84 19,995,433.31 Scheduled Interest 433,114.89 2,115,779.39 Servicing Fees 27,016.68 154,793.07 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 406,098.21 1,960,986.32 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 5.636771 4.750664 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 168,615.27 734,966.24
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