-----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, KOWavBQFhBw/6OjHXawD7SjHVGLzOxSYtkW4KrZw/+2580ZSjtQbosbzmM9oC+++ 7nOcn7mOp5N3hUn43CPlXw== 0001056404-05-000147.txt : 20050104 0001056404-05-000147.hdr.sgml : 20050104 20050104113523 ACCESSION NUMBER: 0001056404-05-000147 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: 20050104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STRUCTURED ASSET MORT INV II INC BEAR STEARNS ALT A TR 04 5 CENTRAL INDEX KEY: 0001292210 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: 333-115122-02 FILM NUMBER: 05504757 BUSINESS ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10179 MAIL ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10179 8-K 1 bsl04005_dec.txt DEC. 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): December 27, 2004 BEAR STEARNS ALT-A TRUST Mortgage Pass-Through Certificates, Series 2004-5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-115122-02 Pooling and Servicing Agreement) (Commission 54-2154037 (State or other File Number) 54-2154038 jurisdiction 54-2154039 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 December 27, 2004 a distribution was made to holders of BEAR STEARNS ALT-A TRUST, Mortgage Pass-Through Certificates, Series 2004-5 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-5 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. BEAR STEARNS ALT-A TRUST Mortgage Pass-Through Certificates, Series 2004-5 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: 1/3/05 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-5 Trust, relating to the December 27, 2004 distribution. EX-99.1
Bear Stearns ALT-A Trust Mortgage Pass-Through Certificates Record Date: 11/30/04 Distribution Date: 12/27/04 Bear Stearns ALT-A Trust Mortgage Pass-Through Certificates Series 2004-5 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-1 07386HJC6 SEN 4.40862% 95,668,645.15 349,439.59 3,524,520.57 II-A-1 07386HJD4 SEN 4.82472% 43,472,750.84 174,786.68 1,611,096.54 II-A-2 07386HJE2 SEN 4.52972% 134,538,096.96 507,850.35 4,985,970.70 II-X-A-2 07386HJF9 SEN 0.29500% 0.00 33,073.95 0.00 III-A-1 07386HJG7 SEN 5.07859% 40,412,300.84 171,031.19 995,404.70 IV-A-1 07386HJH5 SEN 5.54453% 33,329,591.98 153,997.32 12,528.30 V-A-1 07386HJS1 SEN 4.38637% 102,718,672.46 375,468.67 1,488,024.51 VI-A-1 07386HJT9 SEN 4.95139% 230,176,799.34 949,745.44 5,327,649.89 M 07386HJN2 MEZ 4.79014% 25,344,538.17 101,082.16 4,269.92 B-1 07386HJK8 SUB 4.79014% 19,943,364.34 79,540.55 3,359.96 B-2 07386HJL6 SUB 4.79014% 14,542,090.61 57,998.53 2,449.98 B-3 07386HJM4 SUB 4.79014% 9,971,682.17 39,770.27 1,679.98 B-4 07386HJP7 SUB 4.79014% 6,647,821.41 26,513.65 1,119.99 B-5 07386HJQ5 SUB 4.79014% 4,154,825.95 16,570.78 699.98 B-6 07386HJR3 SUB 4.79014% 2,493,339.56 9,944.24 420.07 R-1 07386HJJ1 RES 0.00000% 0.00 0.00 0.00 R-2 BSL0405R2 RES 0.00000% 0.00 0.00 0.00 R-3 BSL0405R3 RES 0.00000% 0.00 0.00 0.00 Totals 763,414,519.78 3,046,813.37 17,959,195.09
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 92,144,124.57 3,873,960.16 0.00 II-A-1 0.00 41,861,654.31 1,785,883.22 0.00 II-A-2 0.00 129,552,126.26 5,493,821.05 0.00 II-X-A-2 0.00 0.00 33,073.95 0.00 III-A-1 0.00 39,416,896.15 1,166,435.89 0.00 IV-A-1 0.00 33,317,063.68 166,525.62 0.00 V-A-1 0.00 101,230,647.95 1,863,493.18 0.00 VI-A-1 0.00 224,849,149.45 6,277,395.33 0.00 M 0.00 25,340,268.25 105,352.08 0.00 B-1 0.00 19,940,004.38 82,900.51 0.00 B-2 0.00 14,539,640.63 60,448.51 0.00 B-3 0.00 9,970,002.19 41,450.25 0.00 B-4 0.00 6,646,701.42 27,633.64 0.00 B-5 0.00 4,154,125.96 17,270.76 0.00 B-6 0.00 2,492,919.50 10,364.31 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 Totals 0.00 745,455,324.70 21,006,008.46 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-1 112,290,900.00 95,668,645.15 9,240.23 3,515,280.34 0.00 0.00 II-A-1 47,916,800.00 43,472,750.84 7,679.04 1,603,417.50 0.00 0.00 II-A-2 148,291,400.00 134,538,096.96 23,764.85 4,962,205.85 0.00 0.00 II-X-A-2 0.00 0.00 0.00 0.00 0.00 0.00 III-A-1 41,861,800.00 40,412,300.84 4,676.22 990,728.48 0.00 0.00 IV-A-1 37,731,600.00 33,329,591.98 2,057.28 10,471.02 0.00 0.00 V-A-1 110,791,900.00 102,718,672.46 14,031.85 1,473,992.66 0.00 0.00 VI-A-1 249,742,800.00 230,176,799.34 53,757.32 5,273,892.57 0.00 0.00 M 25,370,000.00 25,344,538.17 4,269.92 0.00 0.00 0.00 B-1 19,963,400.00 19,943,364.34 3,359.96 0.00 0.00 0.00 B-2 14,556,700.00 14,542,090.61 2,449.98 0.00 0.00 0.00 B-3 9,981,700.00 9,971,682.17 1,679.98 0.00 0.00 0.00 B-4 6,654,500.00 6,647,821.41 1,119.99 0.00 0.00 0.00 B-5 4,159,000.00 4,154,825.95 699.98 0.00 0.00 0.00 B-6 2,495,845.00 2,493,339.56 420.07 0.00 0.00 0.00 R-1 100.00 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 0.00 Totals 831,808,445.00 763,414,519.78 129,206.67 17,829,988.42 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-1 3,524,520.57 92,144,124.57 0.82058408 3,524,520.57 II-A-1 1,611,096.54 41,861,654.31 0.87363209 1,611,096.54 II-A-2 4,985,970.70 129,552,126.26 0.87363209 4,985,970.70 II-X-A-2 0.00 0.00 0.00000000 0.00 III-A-1 995,404.70 39,416,896.15 0.94159583 995,404.70 IV-A-1 12,528.30 33,317,063.68 0.88300161 12,528.30 V-A-1 1,488,024.51 101,230,647.95 0.91370080 1,488,024.51 VI-A-1 5,327,649.89 224,849,149.45 0.90032285 5,327,649.89 M 4,269.92 25,340,268.25 0.99882807 4,269.92 B-1 3,359.96 19,940,004.38 0.99882807 3,359.96 B-2 2,449.98 14,539,640.63 0.99882807 2,449.98 B-3 1,679.98 9,970,002.19 0.99882807 1,679.98 B-4 1,119.99 6,646,701.42 0.99882807 1,119.99 B-5 699.98 4,154,125.96 0.99882807 699.98 B-6 420.07 2,492,919.50 0.99882785 420.07 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 R-3 0.00 0.00 0.00000000 0.00 Totals 17,959,195.09 745,455,324.70 0.89618629 17,959,195.09
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 112,290,900.00 851.97148789 0.08228832 31.30512214 0.00000000 II-A-1 47,916,800.00 907.25488430 0.16025778 33.46253297 0.00000000 II-A-2 148,291,400.00 907.25488437 0.16025778 33.46253289 0.00000000 II-X-A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 41,861,800.00 965.37417980 0.11170614 23.66664787 0.00000000 IV-A-1 37,731,600.00 883.33365084 0.05452406 0.27751328 0.00000000 V-A-1 110,791,900.00 927.13160854 0.12665050 13.30415545 0.00000000 VI-A-1 249,742,800.00 921.65539643 0.21525073 21.11729575 0.00000000 M 25,370,000.00 998.99638037 0.16830587 0.00000000 0.00000000 B-1 19,963,400.00 998.99638038 0.16830600 0.00000000 0.00000000 B-2 14,556,700.00 998.99638036 0.16830600 0.00000000 0.00000000 B-3 9,981,700.00 998.99638038 0.16830600 0.00000000 0.00000000 B-4 6,654,500.00 998.99637989 0.16830566 0.00000000 0.00000000 B-5 4,159,000.00 998.99638134 0.16830488 0.00000000 0.00000000 B-6 2,495,845.00 998.99615561 0.16830773 0.00000000 0.00000000 R-1 100.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A-1 0.00000000 31.38741047 820.58407734 0.82058408 31.38741047 II-A-1 0.00000000 33.62279075 873.63209375 0.87363209 33.62279075 II-A-2 0.00000000 33.62279067 873.63209370 0.87363209 33.62279067 II-X-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 0.00000000 23.77835401 941.59582603 0.94159583 23.77835401 IV-A-1 0.00000000 0.33203734 883.00161350 0.88300161 0.33203734 V-A-1 0.00000000 13.43080595 913.70080259 0.91370080 13.43080595 VI-A-1 0.00000000 21.33254648 900.32284995 0.90032285 21.33254648 M 0.00000000 0.16830587 998.82807450 0.99882807 0.16830587 B-1 0.00000000 0.16830600 998.82807438 0.99882807 0.16830600 B-2 0.00000000 0.16830600 998.82807436 0.99882807 0.16830600 B-3 0.00000000 0.16830600 998.82807438 0.99882807 0.16830600 B-4 0.00000000 0.16830566 998.82807424 0.99882807 0.16830566 B-5 0.00000000 0.16830488 998.82807406 0.99882807 0.16830488 B-6 0.00000000 0.16830773 998.82785189 0.99882785 0.16830773 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 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-1 112,290,900.00 4.40862% 95,668,645.15 351,472.14 0.00 0.00 II-A-1 47,916,800.00 4.82472% 43,472,750.84 174,786.68 0.00 0.00 II-A-2 148,291,400.00 4.52972% 134,538,096.96 507,850.36 0.00 0.00 II-X-A-2 0.00 0.29500% 134,538,096.96 33,073.95 0.00 0.00 III-A-1 41,861,800.00 5.07859% 40,412,300.84 171,031.18 0.00 0.00 IV-A-1 37,731,600.00 5.54453% 33,329,591.98 153,997.32 0.00 0.00 V-A-1 110,791,900.00 4.38637% 102,718,672.46 375,468.66 0.00 0.00 VI-A-1 249,742,800.00 4.95139% 230,176,799.34 949,745.44 0.00 0.00 M 25,370,000.00 4.79014% 25,344,538.17 101,169.95 0.00 0.00 B-1 19,963,400.00 4.79014% 19,943,364.34 79,609.63 0.00 0.00 B-2 14,556,700.00 4.79014% 14,542,090.61 58,048.90 0.00 0.00 B-3 9,981,700.00 4.79014% 9,971,682.17 39,804.81 0.00 0.00 B-4 6,654,500.00 4.79014% 6,647,821.41 26,536.67 0.00 0.00 B-5 4,159,000.00 4.79014% 4,154,825.95 16,585.17 0.00 0.00 B-6 2,495,845.00 4.79014% 2,493,339.56 9,952.88 0.00 0.00 R-1 100.00 0.00000% 0.00 0.00 0.00 0.00 R-2 0.00 0.00000% 0.00 0.00 0.00 0.00 R-3 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 831,808,445.00 3,049,133.74 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-1 2,032.55 0.00 349,439.59 0.00 92,144,124.57 II-A-1 0.00 0.00 174,786.68 0.00 41,861,654.31 II-A-2 0.01 0.00 507,850.35 0.00 129,552,126.26 II-X-A-2 0.00 0.00 33,073.95 0.00 129,552,126.26 III-A-1 (0.01) 0.00 171,031.19 0.00 39,416,896.15 IV-A-1 0.00 0.00 153,997.32 0.00 33,317,063.68 V-A-1 (0.01) 0.00 375,468.67 0.00 101,230,647.95 VI-A-1 0.00 0.00 949,745.44 0.00 224,849,149.45 M 87.79 0.00 101,082.16 0.00 25,340,268.25 B-1 69.08 0.00 79,540.55 0.00 19,940,004.38 B-2 50.37 0.00 57,998.53 0.00 14,539,640.63 B-3 34.54 0.00 39,770.27 0.00 9,970,002.19 B-4 23.03 0.00 26,513.65 0.00 6,646,701.42 B-5 14.39 0.00 16,570.78 0.00 4,154,125.96 B-6 8.64 0.00 9,944.24 0.00 2,492,919.50 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 Totals 2,320.38 0.00 3,046,813.37 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-1 112,290,900.00 4.40862% 851.97148789 3.13001445 0.00000000 0.00000000 II-A-1 47,916,800.00 4.82472% 907.25488430 3.64771187 0.00000000 0.00000000 II-A-2 148,291,400.00 4.52972% 907.25488437 3.42467844 0.00000000 0.00000000 II-X-A-2 0.00 0.29500% 907.25488437 0.22303350 0.00000000 0.00000000 III-A-1 41,861,800.00 5.07859% 965.37417980 4.08561457 0.00000000 0.00000000 IV-A-1 37,731,600.00 5.54453% 883.33365084 4.08138854 0.00000000 0.00000000 V-A-1 110,791,900.00 4.38637% 927.13160854 3.38895407 0.00000000 0.00000000 VI-A-1 249,742,800.00 4.95139% 921.65539643 3.80289418 0.00000000 0.00000000 M 25,370,000.00 4.79014% 998.99638037 3.98777887 0.00000000 0.00000000 B-1 19,963,400.00 4.79014% 998.99638038 3.98777914 0.00000000 0.00000000 B-2 14,556,700.00 4.79014% 998.99638036 3.98777882 0.00000000 0.00000000 B-3 9,981,700.00 4.79014% 998.99638038 3.98777863 0.00000000 0.00000000 B-4 6,654,500.00 4.79014% 998.99637989 3.98777820 0.00000000 0.00000000 B-5 4,159,000.00 4.79014% 998.99638134 3.98777831 0.00000000 0.00000000 B-6 2,495,845.00 4.79014% 998.99615561 3.98777969 0.00000000 0.00000000 R-1 100.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 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-1 0.01810075 0.00000000 3.11191370 0.00000000 820.58407734 II-A-1 0.00000000 0.00000000 3.64771187 0.00000000 873.63209375 II-A-2 0.00000007 0.00000000 3.42467837 0.00000000 873.63209370 II-X-A-2 0.00000000 0.00000000 0.22303350 0.00000000 873.63209370 III-A-1 (0.00000024) 0.00000000 4.08561481 0.00000000 941.59582603 IV-A-1 0.00000000 0.00000000 4.08138854 0.00000000 883.00161350 V-A-1 (0.00000009) 0.00000000 3.38895416 0.00000000 913.70080259 VI-A-1 0.00000000 0.00000000 3.80289418 0.00000000 900.32284995 M 0.00346039 0.00000000 3.98431849 0.00000000 998.82807450 B-1 0.00346033 0.00000000 3.98431880 0.00000000 998.82807438 B-2 0.00346026 0.00000000 3.98431856 0.00000000 998.82807436 B-3 0.00346033 0.00000000 3.98431830 0.00000000 998.82807438 B-4 0.00346082 0.00000000 3.98431888 0.00000000 998.82807424 B-5 0.00345997 0.00000000 3.98431835 0.00000000 998.82807406 B-6 0.00346175 0.00000000 3.98431794 0.00000000 998.82785189 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 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 21,203,900.69 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 47,265.26 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 21,251,165.95 Withdrawals Reimbursement for Servicer Advances 57,385.60 Payment of Service Fee 187,771.89 Payment of Interest and Principal 21,006,008.46 Total Withdrawals (Pool Distribution Amount) 21,251,165.95 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 2,320.38 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 2,320.38
SERVICING FEES Gross Servicing Fee 111,469.99 Additional Servicing Fee 76,207.90 Miscellaneous Fee 94.00 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 187,771.89
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 33 0 0 0 33 9,085,885.72 0.00 0.00 0.00 9,085,885.72 60 Days 2 0 0 0 2 294,750.00 0.00 0.00 0.00 294,750.00 90 Days 1 0 0 0 1 99,949.96 0.00 0.00 0.00 99,949.96 120 Days 0 0 1 0 1 0.00 0.00 162,400.00 0.00 162,400.00 150 Days 0 0 1 0 1 0.00 0.00 193,580.00 0.00 193,580.00 180+ Days 2 0 1 0 3 889,101.95 0.00 94,400.00 0.00 983,501.95 Totals 38 0 3 0 41 10,369,687.63 0.00 450,380.00 0.00 10,820,067.63 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 1.150628% 0.000000% 0.000000% 0.000000% 1.150628% 1.218666% 0.000000% 0.000000% 0.000000% 1.218666% 60 Days 0.069735% 0.000000% 0.000000% 0.000000% 0.069735% 0.039534% 0.000000% 0.000000% 0.000000% 0.039534% 90 Days 0.034868% 0.000000% 0.000000% 0.000000% 0.034868% 0.013406% 0.000000% 0.000000% 0.000000% 0.013406% 120 Days 0.000000% 0.000000% 0.034868% 0.000000% 0.034868% 0.000000% 0.000000% 0.021782% 0.000000% 0.021782% 150 Days 0.000000% 0.000000% 0.034868% 0.000000% 0.034868% 0.000000% 0.000000% 0.025964% 0.000000% 0.025964% 180+ Days 0.069735% 0.000000% 0.034868% 0.000000% 0.104603% 0.119253% 0.000000% 0.012662% 0.000000% 0.131915% Totals 1.324965% 0.000000% 0.104603% 0.000000% 1.429568% 1.390859% 0.000000% 0.060408% 0.000000% 1.451267%
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 5 0 0 0 5 2,448,605.36 0.00 0.00 0.00 2,448,605.36 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 5 0 0 0 5 2,448,605.36 0.00 0.00 0.00 2,448,605.36 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.369668% 0.000000% 0.000000% 0.000000% 2.369668% 2.340454% 0.000000% 0.000000% 0.000000% 2.340454% 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 2.369668% 0.000000% 0.000000% 0.000000% 2.369668% 2.340454% 0.000000% 0.000000% 0.000000% 2.340454% 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 3 0 0 0 3 1,333,500.00 0.00 0.00 0.00 1,333,500.00 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 1 0 0 0 1 747,801.95 0.00 0.00 0.00 747,801.95 Totals 4 0 0 0 4 2,081,301.95 0.00 0.00 0.00 2,081,301.95 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.787402% 0.000000% 0.000000% 0.000000% 0.787402% 0.690152% 0.000000% 0.000000% 0.000000% 0.690152% 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 0.262467% 0.000000% 0.000000% 0.000000% 0.262467% 0.387024% 0.000000% 0.000000% 0.000000% 0.387024% Totals 1.049869% 0.000000% 0.000000% 0.000000% 1.049869% 1.077177% 0.000000% 0.000000% 0.000000% 1.077177% 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 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 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 1 172,799.70 0.00 0.00 0.00 172,799.70 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 1 172,799.70 0.00 0.00 0.00 172,799.70 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.781250% 0.000000% 0.000000% 0.000000% 0.781250% 0.460669% 0.000000% 0.000000% 0.000000% 0.460669% 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 0.781250% 0.000000% 0.000000% 0.000000% 0.781250% 0.460669% 0.000000% 0.000000% 0.000000% 0.460669% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP 5 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 7 0 0 0 7 1,276,594.82 0.00 0.00 0.00 1,276,594.82 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 0.00 162,400.00 0.00 162,400.00 150 Days 0 0 1 0 1 0.00 0.00 193,580.00 0.00 193,580.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 7 0 2 0 9 1,276,594.82 0.00 355,980.00 0.00 1,632,574.82 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.153213% 0.000000% 0.000000% 0.000000% 1.153213% 1.124345% 0.000000% 0.000000% 0.000000% 1.124345% 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% 0.164745% 0.000000% 0.164745% 0.000000% 0.000000% 0.143032% 0.000000% 0.143032% 150 Days 0.000000% 0.000000% 0.164745% 0.000000% 0.164745% 0.000000% 0.000000% 0.170493% 0.000000% 0.170493% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.153213% 0.000000% 0.329489% 0.000000% 1.482702% 1.124345% 0.000000% 0.313525% 0.000000% 1.437870% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP 6 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 17 0 0 0 17 3,854,385.84 0.00 0.00 0.00 3,854,385.84 60 Days 2 0 0 0 2 294,750.00 0.00 0.00 0.00 294,750.00 90 Days 1 0 0 0 1 99,949.96 0.00 0.00 0.00 99,949.96 120 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 1 0 1 0 2 141,300.00 0.00 94,400.00 0.00 235,700.00 Totals 21 0 1 0 22 4,390,385.80 0.00 94,400.00 0.00 4,484,785.80 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.226551% 0.000000% 0.000000% 0.000000% 1.226551% 1.525884% 0.000000% 0.000000% 0.000000% 1.525884% 60 Days 0.144300% 0.000000% 0.000000% 0.000000% 0.144300% 0.116686% 0.000000% 0.000000% 0.000000% 0.116686% 90 Days 0.072150% 0.000000% 0.000000% 0.000000% 0.072150% 0.039568% 0.000000% 0.000000% 0.000000% 0.039568% 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 0.072150% 0.000000% 0.072150% 0.000000% 0.144300% 0.055938% 0.000000% 0.037371% 0.000000% 0.093310% Totals 1.515152% 0.000000% 0.072150% 0.000000% 1.587302% 1.738077% 0.000000% 0.037371% 0.000000% 1.775448%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 47,265.26
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 719,517,545.00 86.50038952% 653,311,200.13 87.63921572% 92.253943% 0.000000% Class 2A1 671,600,745.00 80.73983247% 611,449,545.82 82.02363382% 5.615582% 72.496006% Class 2A2 523,309,345.00 62.91224237% 481,897,419.56 64.64470822% 17.378926% 224.358350% Class R-I 83,181,145.00 10.00003613% 83,083,662.33 11.14535769% 0.000000% 0.000000% Class M 57,811,145.00 6.95005507% 57,743,394.08 7.74605696% 3.399301% 43.884272% Class B-1 37,847,745.00 4.55005539% 37,803,389.70 5.07118112% 2.674876% 34.532096% Class B-2 23,291,045.00 2.80004911% 23,263,749.07 3.12074356% 1.950438% 25.179747% Class B-3 13,309,345.00 1.60004928% 13,293,746.88 1.78330564% 1.337438% 17.266048% Class B-4 6,654,845.00 0.80004538% 6,647,045.46 0.89167590% 0.891630% 11.510756% Class B-5 2,495,845.00 0.30005045% 2,492,919.50 0.33441568% 0.557260% 7.194115% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.334416% 4.317238% Class R-II 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Class R-III 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
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.088044% Weighted Average Net Coupon 4.912826% Weighted Average Pass-Through Rate 4.792888% Weighted Average Maturity(Stepdown Calculation ) 351 Beginning Scheduled Collateral Loan Count 2,915 Number Of Loans Paid In Full 47 Ending Scheduled Collateral Loan Count 2,868 Beginning Scheduled Collateral Balance 763,414,519.81 Ending Scheduled Collateral Balance 745,455,324.72 Ending Actual Collateral Balance at 30-Nov-2004 745,559,927.81 Monthly P &I Constant 3,366,112.34 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 20,662,620.95 Ending Scheduled Balance for Premium Loans 745,455,324.72 Scheduled Principal 129,206.67 Unscheduled Principal 17,829,988.42
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Coupon Rate 5.088044% Weighted Average Net Rate 4.912826% Weighted Average Pass Through Rate 4.792888% Weighted Average Maturity 351 Record Date 11/30/2004 Principal and Interest Constant 3,366,112.34 Beginning Loan Count 2,915 Loans Paid in Full 47 Ending Loan Count 2,868 Beginning Scheduled Balance 763,414,519.81 Ending Scheduled Balance 745,455,324.72 Ending Actual Balance at 30-Nov-2004 745,559,927.81 Scheduled Principal 129,206.67 Unscheduled Principal 17,829,988.42 Scheduled Interest 3,236,905.67 Servicing Fee 111,469.99 Master Servicing Fee 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 76,301.90 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 3,049,133.78 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Special Servicing Fee 0.00 Prepayment Penalties 0.00
Miscellaneous Reporting Senior Percentage 89.115001% Senior Prepayment Percentage 100.000000% Subordinate Percentage 10.884999% Subordinate Prepayment Percentage 0.000000%
Group Level Collateral Statement Group GROUP 1 GROUP 2 GROUP 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.681215 5.103502 5.388168 Weighted Average Net Rate 4.455903 4.905785 5.212206 Weighted Average Maturity 352 351 349 Beginning Loan Count 217 393 156 Loans Paid In Full 6 12 1 Ending Loan Count 211 381 155 Beginning Scheduled Balance 108,137,426.05 199,789,959.78 45,060,466.94 Ending scheduled Balance 104,611,701.17 193,189,045.47 44,064,524.39 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 432,290.01 884,981.40 207,541.88 Scheduled Principal 10,444.54 35,290.96 5,214.07 Unscheduled Principal 3,515,280.34 6,565,623.35 990,728.48 Scheduled Interest 421,845.47 849,690.44 202,327.81 Servicing Fees 20,303.94 32,918.35 6,607.44 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 4,260.97 13,495.93 5,017.40 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 397,280.56 803,276.16 190,702.97 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 4.408619 4.824724 5.078588
Group Level Collateral Statement Group GROUP 4 GROUP 5 GROUP 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.846540 4.703654 5.255305 Weighted Average Net Rate 5.673844 4.534865 5.115419 Weighted Average Maturity 350 351 350 Beginning Loan Count 128 613 1,408 Loans Paid In Full 0 6 22 Ending Loan Count 128 607 1,386 Beginning Scheduled Balance 37,520,572.88 115,019,062.26 257,887,031.90 Ending scheduled Balance 37,507,785.89 113,529,357.46 252,552,910.34 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 185,120.59 466,553.67 1,189,624.79 Scheduled Principal 2,315.97 15,712.14 60,228.99 Unscheduled Principal 10,471.02 1,473,992.66 5,273,892.57 Scheduled Interest 182,804.62 450,841.53 1,129,395.80 Servicing Fees 5,399.73 16,178.29 30,062.24 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 4,043.39 14,232.84 35,251.37 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 173,361.50 420,430.40 1,064,082.19 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 5.544526 4.386373 4.951388
Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 5.088044 Weighted Average Net Rate 4.912826 Weighted Average Maturity 351.00 Record Date 11/30/2004 Principal And Interest Constant 3,366,112.34 Beginning Loan Count 2,915 Loans Paid In Full 47 Ending Loan Count 2,868 Beginning Scheduled Balance 763,414,519.81 Ending Scheduled Balance 745,455,324.72 Scheduled Principal 129,206.67 Unscheduled Principal 17,829,988.42 Scheduled Interest 3,236,905.67 Servicing Fee 111,469.99 Master Servicing Fee 0.00 Trustee Fee 0.00 Fry Amount 0.00 Special Hazard Fee 0.00 Other Fee 76,301.90 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 3,049,133.78 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 4.792888
Miscellaneous Reporting Group GROUP 1 Average Loss Severity Percentage 0.000000% Group GROUP 2 Average Loss Severity Percentage 0.000000% Group GROUP 3 Average Loss Severity Percentage 0.000000%
Miscellaneous Reporting Group GROUP 4 Average Loss Severity Percentage 0.000000% Group GROUP 5 Average Loss Severity Percentage 0.000000% Group GROUP 6 Average Loss Severity Percentage 0.000000%
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