-----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, ENbuLWF3kb3bH1OiogSsVhMpkWRjF9AAyg+R84BH/zPFo3BczLrurgTvQZ37rbnh Bayj43vxV1Bp72ZMkZVmEA== 0001056404-04-003205.txt : 20040930 0001056404-04-003205.hdr.sgml : 20040930 20040930111516 ACCESSION NUMBER: 0001056404-04-003205 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040925 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Asset Backed Funding Corp. ABFC Asset Backed Certificates Series 2004-OPT3 CENTRAL INDEX KEY: 0001289093 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: 333-108551-06 FILM NUMBER: 041054428 BUSINESS ADDRESS: STREET 1: 100 NORTH TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 7043862400 MAIL ADDRESS: STREET 1: 100 NORTH TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 8-K 1 abf04op3_sep.txt SEPT.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 ASSET BACKED FUNDING CORPORATION Asset Backed Certificates, Series 2004-OP3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-108551-06 54-2151898 Pooling and Servicing Agreement) (Commission 54-2151899 (State or other File Number) 54-6612481 jurisdiction IRS EIN 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 September 27, 2004 a distribution was made to holders of ASSET BACKED FUNDING CORPORATION, Asset Backed Certificates, Series 2004-OP3 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2004-OP3 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. ASSET BACKED FUNDING CORPORATION Asset Backed Certificates, Series 2004-OP3 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/29/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2004-OP3 Trust, relating to the September 27, 2004 distribution. EX-99.1
Asset Backed Funding Corporation Mortgage Pass-Through Certificates Record Date: 8/31/04 Distribution Date: 9/27/04 ABFC Series: 2004-OP3 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 A1 04542BGR7 SEN 1.86500% 345,557,392.21 590,607.48 14,595,954.18 A2 04542BGS5 SEN 1.70500% 67,236,303.29 105,057.76 4,758,284.18 A3 04542BGT3 SEN 1.80500% 32,285,000.00 53,404.51 0.00 A4 04542BGU0 SEN 2.00500% 33,819,000.00 62,140.54 0.00 M1 04542BGV8 SUB 2.11500% 34,333,000.00 66,546.01 0.00 M2 04542BGW6 SUB 2.73500% 26,632,000.00 66,751.50 0.00 M3 04542BGX4 SUB 2.91500% 8,663,000.00 23,142.31 0.00 M4 04542BGY2 SUB 3.26500% 7,380,000.00 22,082.05 0.00 M5 04542BGZ9 SUB 3.41500% 6,417,000.00 20,082.73 0.00 M6 04542BHA3 SUB 4.66500% 6,417,000.00 27,433.65 0.00 CE BFCAS04OP3C SEN 0.00000% 3,210,690.67 2,070,103.95 0.00 P BFCAS04OP3P SEN 0.00000% 0.00 331,589.89 0.00 R BFCAS04OP3R SEN 0.00000% 0.00 0.00 0.00 Totals 571,950,386.17 3,438,942.38 19,354,238.36
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 330,961,438.03 15,186,561.66 0.00 A2 0.00 62,478,019.11 4,863,341.94 0.00 A3 0.00 32,285,000.00 53,404.51 0.00 A4 0.00 33,819,000.00 62,140.54 0.00 M1 0.00 34,333,000.00 66,546.01 0.00 M2 0.00 26,632,000.00 66,751.50 0.00 M3 0.00 8,663,000.00 23,142.31 0.00 M4 0.00 7,380,000.00 22,082.05 0.00 M5 0.00 6,417,000.00 20,082.73 0.00 M6 0.00 6,417,000.00 27,433.65 0.00 CE 0.00 3,210,690.67 2,070,103.95 0.00 P 0.00 0.00 331,589.89 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 552,596,147.81 22,793,180.74 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) A1 395,510,000.00 345,557,392.21 0.00 14,595,954.18 0.00 0.00 A2 87,071,000.00 67,236,303.29 0.00 4,758,284.18 0.00 0.00 A3 32,285,000.00 32,285,000.00 0.00 0.00 0.00 0.00 A4 33,819,000.00 33,819,000.00 0.00 0.00 0.00 0.00 M1 34,333,000.00 34,333,000.00 0.00 0.00 0.00 0.00 M2 26,632,000.00 26,632,000.00 0.00 0.00 0.00 0.00 M3 8,663,000.00 8,663,000.00 0.00 0.00 0.00 0.00 M4 7,380,000.00 7,380,000.00 0.00 0.00 0.00 0.00 M5 6,417,000.00 6,417,000.00 0.00 0.00 0.00 0.00 M6 6,417,000.00 6,417,000.00 0.00 0.00 0.00 0.00 CE 3,210,689.65 3,210,690.67 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 641,737,689.65 571,950,386.17 0.00 19,354,238.36 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 A1 14,595,954.18 330,961,438.03 0.83679664 14,595,954.18 A2 4,758,284.18 62,478,019.11 0.71755256 4,758,284.18 A3 0.00 32,285,000.00 1.00000000 0.00 A4 0.00 33,819,000.00 1.00000000 0.00 M1 0.00 34,333,000.00 1.00000000 0.00 M2 0.00 26,632,000.00 1.00000000 0.00 M3 0.00 8,663,000.00 1.00000000 0.00 M4 0.00 7,380,000.00 1.00000000 0.00 M5 0.00 6,417,000.00 1.00000000 0.00 M6 0.00 6,417,000.00 1.00000000 0.00 CE 0.00 3,210,690.67 1.00000032 0.00 P 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 19,354,238.36 552,596,147.81 0.86109349 19,354,238.36
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 395,510,000.00 873.70077169 0.00000000 36.90413436 0.00000000 A2 87,071,000.00 772.20088537 0.00000000 54.64832355 0.00000000 A3 32,285,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A4 33,819,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M1 34,333,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 26,632,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 8,663,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 7,380,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5 6,417,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M6 6,417,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CE 3,210,689.65 1000.00031769 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A1 0.00000000 36.90413436 836.79663733 0.83679664 36.90413436 A2 0.00000000 54.64832355 717.55256182 0.71755256 54.64832355 A3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 CE 0.00000000 0.00000000 1,000.00031769 1.00000032 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 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 A1 395,510,000.00 1.86500% 345,557,392.21 590,759.16 0.00 0.00 A2 87,071,000.00 1.70500% 67,236,303.29 105,084.74 0.00 0.00 A3 32,285,000.00 1.80500% 32,285,000.00 53,418.22 0.00 0.00 A4 33,819,000.00 2.00500% 33,819,000.00 62,156.50 0.00 0.00 M1 34,333,000.00 2.11500% 34,333,000.00 66,563.10 0.00 0.00 M2 26,632,000.00 2.73500% 26,632,000.00 66,768.64 0.00 0.00 M3 8,663,000.00 2.91500% 8,663,000.00 23,148.26 0.00 0.00 M4 7,380,000.00 3.26500% 7,380,000.00 22,087.72 0.00 0.00 M5 6,417,000.00 3.41500% 6,417,000.00 20,087.88 0.00 0.00 M6 6,417,000.00 4.66500% 6,417,000.00 27,440.70 0.00 0.00 CE 3,210,689.65 0.00000% 3,210,690.67 0.00 0.00 0.00 P 0.00 0.00000% 0.01 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 641,737,689.65 1,037,514.92 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 A1 151.68 0.00 590,607.48 0.00 330,961,438.03 A2 26.98 0.00 105,057.76 0.00 62,478,019.11 A3 13.72 0.00 53,404.51 0.00 32,285,000.00 A4 15.96 0.00 62,140.54 0.00 33,819,000.00 M1 17.09 0.00 66,546.01 0.00 34,333,000.00 M2 17.14 0.00 66,751.50 0.00 26,632,000.00 M3 5.94 0.00 23,142.31 0.00 8,663,000.00 M4 5.67 0.00 22,082.05 0.00 7,380,000.00 M5 5.16 0.00 20,082.73 0.00 6,417,000.00 M6 7.05 0.00 27,433.65 0.00 6,417,000.00 CE 0.00 0.00 2,070,103.95 0.00 3,210,690.67 P 0.00 0.00 331,589.89 0.00 0.01 R 0.00 0.00 0.00 0.00 0.00 Totals 266.39 0.00 3,438,942.38 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 A1 395,510,000.00 1.86500% 873.70077169 1.49366428 0.00000000 0.00000000 A2 87,071,000.00 1.70500% 772.20088537 1.20688565 0.00000000 0.00000000 A3 32,285,000.00 1.80500% 1000.00000000 1.65458324 0.00000000 0.00000000 A4 33,819,000.00 2.00500% 1000.00000000 1.83791656 0.00000000 0.00000000 M1 34,333,000.00 2.11500% 1000.00000000 1.93874989 0.00000000 0.00000000 M2 26,632,000.00 2.73500% 1000.00000000 2.50708321 0.00000000 0.00000000 M3 8,663,000.00 2.91500% 1000.00000000 2.67208357 0.00000000 0.00000000 M4 7,380,000.00 3.26500% 1000.00000000 2.99291599 0.00000000 0.00000000 M5 6,417,000.00 3.41500% 1000.00000000 3.13041608 0.00000000 0.00000000 M6 6,417,000.00 4.66500% 1000.00000000 4.27625058 0.00000000 0.00000000 CE 3,210,689.65 0.00000% 1000.00031769 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All classes are per $1000 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 A1 0.00038350 0.00000000 1.49328078 0.00000000 836.79663733 A2 0.00030986 0.00000000 1.20657578 0.00000000 717.55256182 A3 0.00042497 0.00000000 1.65415859 0.00000000 1000.00000000 A4 0.00047192 0.00000000 1.83744463 0.00000000 1000.00000000 M1 0.00049777 0.00000000 1.93825212 0.00000000 1000.00000000 M2 0.00064359 0.00000000 2.50643962 0.00000000 1000.00000000 M3 0.00068567 0.00000000 2.67139674 0.00000000 1000.00000000 M4 0.00076829 0.00000000 2.99214770 0.00000000 1000.00000000 M5 0.00080411 0.00000000 3.12961353 0.00000000 1000.00000000 M6 0.00109864 0.00000000 4.27515194 0.00000000 1000.00000000 CE 0.00000000 0.00000000 644.75367465 0.00000000 1000.00031769 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 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 22,901,385.26 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 331,589.89 Total Deposits 23,232,975.15 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 439,794.41 Payment of Interest and Principal 22,793,180.74 Total Withdrawals (Pool Distribution Amount) 23,232,975.15 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 266.39
SERVICING FEES Gross Servicing Fee 142,987.60 Credit Risk Manager Fee 8,340.95 PMI Premium 284,652.85 Trustee Fee 3,813.01 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 439,794.41
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 0.00 0.00 0.00
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 10 0 0 10 1,452,239.18 0.00 0.00 1,452,239.18 30 Days 44 1 1 0 46 6,524,307.75 111,431.45 95,207.62 0.00 6,730,946.82 60 Days 14 2 5 0 21 1,833,326.38 158,936.20 624,294.88 0.00 2,616,557.46 90 Days 3 2 11 0 16 559,065.87 225,361.97 1,297,277.81 0.00 2,081,705.65 120 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 61 15 17 0 93 8,916,700.00 1,947,968.80 2,016,780.31 0.00 12,881,449.11 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 0.281215% 0.000000% 0.000000% 0.281215% 0.262714% 0.000000% 0.000000% 0.262714% 30 Days 1.237345% 0.028121% 0.028121% 0.000000% 1.293588% 1.180263% 0.020158% 0.017223% 0.000000% 1.217644% 60 Days 0.393701% 0.056243% 0.140607% 0.000000% 0.590551% 0.331653% 0.028752% 0.112936% 0.000000% 0.473342% 90 Days 0.084364% 0.056243% 0.309336% 0.000000% 0.449944% 0.101136% 0.040769% 0.234681% 0.000000% 0.376586% 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 1.715411% 0.421822% 0.478065% 0.000000% 2.615298% 1.613052% 0.352392% 0.364840% 0.000000% 2.330285%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 71,233.14
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.432554% Weighted Average Net Coupon 7.132554% Weighted Average Pass-Through Rate 6.509829% Weighted Average Maturity(Stepdown Calculation ) 344 Beginning Scheduled Collateral Loan Count 3,663 Number Of Loans Paid In Full 107 Ending Scheduled Collateral Loan Count 3,556 Beginning Scheduled Collateral Balance 571,950,386.17 Ending Scheduled Collateral Balance 552,596,147.81 Ending Actual Collateral Balance at 31-Aug-2004 552,784,267.06 Monthly P &I Constant 4,043,264.80 Special Servicing Fee 0.00 Prepayment Penalties 331,589.89 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 500,720.94 Unscheduled Principal 18,853,517.42 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 3,210,690.67 Overcollateralized Amount 3,210,690.67 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 2,070,103.95
Miscellaneous Reporting Group 1 Available Funds 16,839,466.93 Group 2 Available Funds 5,622,123.92
Group Level Collateral Statement Group 1 2 Total Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 7.443904 7.403161 7.432554 Weighted Average Net Rate 7.143904 7.103161 7.132554 Weighted Average Maturity 343 344 344 Beginning Loan Count 2,791 872 3,663 Loans Paid In Full 86 21 107 Ending Loan Count 2,705 851 3,556 Beginning Scheduled Balance 412,633,118.24 159,317,267.93 571,950,386.17 Ending scheduled Balance 398,037,164.06 154,558,983.75 552,596,147.81 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 2,921,491.38 1,121,773.42 4,043,264.80 Scheduled Principal 361,823.63 138,897.31 500,720.94 Unscheduled Principal 14,234,130.55 4,619,386.87 18,853,517.42 Scheduled Interest 2,559,667.75 982,876.11 3,542,543.86 Servicing Fees 103,158.28 39,829.32 142,987.60 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 2,750.89 1,062.12 3,813.01 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 6,017.57 2,323.38 8,340.95 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 3 208,831.18 75,821.67 284,652.85 Net Interest 2,238,909.83 863,839.62 3,102,749.45 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 6.511091 6.506561 6.509829
-----END PRIVACY-ENHANCED MESSAGE-----