-----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, B4qP14KKTY+da+hcKnPEo4YpTZ/dc573rZlGKIxTX2+DeCkIle7MrdWrDIteI/Ka dJ3t69OGrL4JI3TMiqBo/A== 0001056404-04-004226.txt : 20041203 0001056404-04-004226.hdr.sgml : 20041203 20041203133325 ACCESSION NUMBER: 0001056404-04-004226 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041126 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041203 DATE AS OF CHANGE: 20041203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Morgan Stanley Mortgage Loan Trust 2004-3 CENTRAL INDEX KEY: 0001292211 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: 333-104283-09 FILM NUMBER: 041182947 BUSINESS ADDRESS: STREET 1: 1585 BROADWAY STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2127614700 MAIL ADDRESS: STREET 1: 1585 BROADWAY STREET 2: 2ND FL CITY: NEW YORK STATE: NY ZIP: 10036 8-K 1 msm04003_nov.txt NOVEMBER 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): November 26, 2004 MORGAN STANLEY MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-104283-09 Pooling and Servicing Agreement) (Commission 54-2154086 (State or other File Number) 54-2154087 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 November 26, 2004 a distribution was made to holders of MORGAN STANLEY MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2004-3 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 2004-3 Trust, relating to the November 26, 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. MORGAN STANLEY MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-3 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: 11/30/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-3 Trust, relating to the November 26, 2004 distribution. EX-99.1
Morgan Stanley Mortgage Loan Trust Mortgage Pass-Through Certificates Record Date: 10/31/2004 Distribution Date: 11/26/2004 MSML Series: 2004-3 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution 1-A 61745MZS5 SEN 5.00000% 71,251,241.08 296,880.14 1,265,880.92 1-A-X 61745MZT3 IO 5.00000% 0.00 12,821.41 0.00 1-A-P 61745MZU0 PO 0.00000% 1,410,121.31 0.00 6,944.10 2-A-1 61745MZV8 SEN 5.50000% 23,881,086.62 109,454.99 385,236.23 2-A-2 61745MZW6 SEN 5.50000% 110,591,693.90 506,878.66 1,993,402.81 2-A-3 61745MZX4 SEN 0.00000% 273,000.00 0.00 0.00 2-A-4 61745MZY2 SEN 5.50000% 15,000,000.00 68,750.01 0.00 2-A-5 61745MZZ9 SEN 5.50000% 2,300,000.00 10,541.67 0.00 2-A-6 61745MA29 SEN 5.50000% 1,250,000.00 5,729.17 0.00 2-A-7 61745MA37 SEN 5.50000% 27,000,000.00 123,750.02 0.00 3-A 61745MA45 SEN 6.00000% 128,602,991.57 643,015.06 3,781,446.52 4-A 61745MA52 SEN 5.72204% 279,733,852.11 1,333,873.70 3,679,352.96 C-A-X 61745MB28 IO 5.50000% 0.00 39,466.20 0.00 C-A-P 61745MA60 PO 0.00000% 2,063,093.76 0.00 29,954.52 A-R 61745MB36 RES 5.50000% 0.00 1.25 0.00 SR MSM0403SR RES 0.00000% 0.00 0.00 0.00 B-1 61745MA78 SUB 5.64134% 12,036,404.74 56,584.53 17,248.61 B-2 61745MA86 SUB 5.64134% 7,522,132.33 35,362.41 10,779.49 B-3 61745MA94 SUB 5.64134% 4,889,634.27 22,986.74 7,007.02 B-4 61745MB44 SUB 5.64134% 4,137,917.54 19,452.83 5,929.79 B-5 61745MB51 SUB 5.64134% 2,632,498.06 12,375.68 3,772.47 B-6 61745MB69 SUB 5.64134% 1,880,996.82 8,842.78 2,695.54 Totals 696,456,664.11 3,306,767.25 11,189,650.98
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A 0.00 69,985,360.16 1,562,761.06 0.00 1-A-X 0.00 0.00 12,821.41 0.00 1-A-P 0.00 1,403,177.20 6,944.10 0.00 2-A-1 0.00 23,495,850.39 494,691.22 0.00 2-A-2 0.00 108,598,291.08 2,500,281.47 0.00 2-A-3 0.00 273,000.00 0.00 0.00 2-A-4 0.00 15,000,000.00 68,750.01 0.00 2-A-5 0.00 2,300,000.00 10,541.67 0.00 2-A-6 0.00 1,250,000.00 5,729.17 0.00 2-A-7 0.00 27,000,000.00 123,750.02 0.00 3-A 0.00 124,821,545.05 4,424,461.58 0.00 4-A 0.00 276,054,499.15 5,013,226.66 0.00 C-A-X 0.00 0.00 39,466.20 0.00 C-A-P 0.00 2,033,139.25 29,954.52 0.00 A-R 0.00 0.00 1.25 0.00 SR 0.00 0.00 0.00 0.00 B-1 0.00 12,019,156.14 73,833.14 0.00 B-2 0.00 7,511,352.84 46,141.90 0.00 B-3 0.00 4,882,627.24 29,993.76 0.00 B-4 0.00 4,131,987.76 25,382.62 0.00 B-5 0.00 2,628,725.59 16,148.15 0.00 B-6 0.00 1,878,301.29 11,538.32 0.00 Totals 0.00 685,267,013.14 14,496,418.23 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-A 77,785,000.00 71,251,241.08 292,732.72 973,148.20 0.00 0.00 1-A-X 0.00 0.00 0.00 0.00 0.00 0.00 1-A-P 1,477,663.86 1,410,121.31 6,199.82 744.28 0.00 0.00 2-A-1 26,000,000.00 23,881,086.62 33,739.69 351,496.53 0.00 0.00 2-A-2 121,556,000.00 110,591,693.90 174,585.87 1,818,816.94 0.00 0.00 2-A-3 273,000.00 273,000.00 0.00 0.00 0.00 0.00 2-A-4 15,000,000.00 15,000,000.00 0.00 0.00 0.00 0.00 2-A-5 2,300,000.00 2,300,000.00 0.00 0.00 0.00 0.00 2-A-6 1,250,000.00 1,250,000.00 0.00 0.00 0.00 0.00 2-A-7 27,000,000.00 27,000,000.00 0.00 0.00 0.00 0.00 3-A 149,099,000.00 128,602,991.57 134,174.48 3,647,272.04 0.00 0.00 4-A 300,272,000.00 279,733,852.11 310,846.08 3,368,506.88 0.00 0.00 C-A-X 0.00 0.00 0.00 0.00 0.00 0.00 C-A-P 2,186,097.74 2,063,093.76 2,638.04 27,316.48 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 SR 0.00 0.00 0.00 0.00 0.00 0.00 B-1 12,121,000.00 12,036,404.74 17,248.61 0.00 0.00 0.00 B-2 7,575,000.00 7,522,132.33 10,779.49 0.00 0.00 0.00 B-3 4,924,000.00 4,889,634.27 7,007.02 0.00 0.00 0.00 B-4 4,167,000.00 4,137,917.54 5,929.79 0.00 0.00 0.00 B-5 2,651,000.00 2,632,498.06 3,772.47 0.00 0.00 0.00 B-6 1,894,217.00 1,880,996.82 2,695.54 0.00 0.00 0.00 Totals 757,531,078.60 696,456,664.11 1,002,349.62 10,187,301.35 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1-A 1,265,880.92 69,985,360.16 0.89972823 1,265,880.92 1-A-X 0.00 0.00 0.00000000 0.00 1-A-P 6,944.10 1,403,177.20 0.94959161 6,944.10 2-A-1 385,236.23 23,495,850.39 0.90368655 385,236.23 2-A-2 1,993,402.81 108,598,291.08 0.89340132 1,993,402.81 2-A-3 0.00 273,000.00 1.00000000 0.00 2-A-4 0.00 15,000,000.00 1.00000000 0.00 2-A-5 0.00 2,300,000.00 1.00000000 0.00 2-A-6 0.00 1,250,000.00 1.00000000 0.00 2-A-7 0.00 27,000,000.00 1.00000000 0.00 3-A 3,781,446.52 124,821,545.05 0.83717225 3,781,446.52 4-A 3,679,352.96 276,054,499.15 0.91934812 3,679,352.96 C-A-X 0.00 0.00 0.00000000 0.00 C-A-P 29,954.52 2,033,139.25 0.93003127 29,954.52 A-R 0.00 0.00 0.00000000 0.00 SR 0.00 0.00 0.00000000 0.00 B-1 17,248.61 12,019,156.14 0.99159773 17,248.61 B-2 10,779.49 7,511,352.84 0.99159773 10,779.49 B-3 7,007.02 4,882,627.24 0.99159773 7,007.02 B-4 5,929.79 4,131,987.76 0.99159773 5,929.79 B-5 3,772.47 2,628,725.59 0.99159773 3,772.47 B-6 2,695.54 1,878,301.29 0.99159774 2,695.54 Totals 11,189,650.98 685,267,013.14 0.90460581 11,189,650.98
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A 77,785,000.00 916.00232796 3.76335695 12.51074372 0.00000000 1-A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-P 1,477,663.86 954.29099146 4.19569035 0.50368695 0.00000000 2-A-1 26,000,000.00 918.50333154 1.29768038 13.51909731 0.00000000 2-A-2 121,556,000.00 909.80037102 1.43625876 14.96279032 0.00000000 2-A-3 273,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-4 15,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-5 2,300,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-6 1,250,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-7 27,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-A 149,099,000.00 862.53423276 0.89990194 24.46208251 0.00000000 4-A 300,272,000.00 931.60152165 1.03521501 11.21818511 0.00000000 C-A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 C-A-P 2,186,097.74 943.73354048 1.20673470 12.49554377 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 SR 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 12,121,000.00 993.02076891 1.42303523 0.00000000 0.00000000 B-2 7,575,000.00 993.02076964 1.42303498 0.00000000 0.00000000 B-3 4,924,000.00 993.02076970 1.42303412 0.00000000 0.00000000 B-4 4,167,000.00 993.02076794 1.42303576 0.00000000 0.00000000 B-5 2,651,000.00 993.02076952 1.42303659 0.00000000 0.00000000 B-6 1,894,217.00 993.02076795 1.42303654 0.00000000 0.00000000 (2) All classes are Per $1,000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A 0.00000000 16.27410066 899.72822729 0.89972823 16.27410066 1-A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-P 0.00000000 4.69937730 949.59160739 0.94959161 4.69937730 2-A-1 0.00000000 14.81677808 903.68655346 0.90368655 14.81677808 2-A-2 0.00000000 16.39904908 893.40132186 0.89340132 16.39904908 2-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-A 0.00000000 25.36198445 837.17224830 0.83717225 25.36198445 4-A 0.00000000 12.25340012 919.34812154 0.91934812 12.25340012 C-A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 C-A-P 0.00000000 13.70227847 930.03126658 0.93003127 13.70227847 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 SR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 1.42303523 991.59773451 0.99159773 1.42303523 B-2 0.00000000 1.42303498 991.59773465 0.99159773 1.42303498 B-3 0.00000000 1.42303412 991.59773355 0.99159773 1.42303412 B-4 0.00000000 1.42303576 991.59773458 0.99159773 1.42303576 B-5 0.00000000 1.42303659 991.59773293 0.99159773 1.42303659 B-6 0.00000000 1.42303654 991.59773669 0.99159774 1.42303654 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1-A 77,785,000.00 5.00000% 71,251,241.08 296,880.17 0.00 0.00 1-A-X 0.00 5.00000% 3,077,138.86 12,821.41 0.00 0.00 1-A-P 1,477,663.86 0.00000% 1,410,121.31 0.00 0.00 0.00 2-A-1 26,000,000.00 5.50000% 23,881,086.62 109,454.98 0.00 0.00 2-A-2 121,556,000.00 5.50000% 110,591,693.90 506,878.60 0.00 0.00 2-A-3 273,000.00 0.00000% 273,000.00 0.00 0.00 0.00 2-A-4 15,000,000.00 5.50000% 15,000,000.00 68,750.00 0.00 0.00 2-A-5 2,300,000.00 5.50000% 2,300,000.00 10,541.67 0.00 0.00 2-A-6 1,250,000.00 5.50000% 1,250,000.00 5,729.17 0.00 0.00 2-A-7 27,000,000.00 5.50000% 27,000,000.00 123,750.00 0.00 0.00 3-A 149,099,000.00 6.00000% 128,602,991.57 643,014.96 0.00 0.00 4-A 300,272,000.00 5.72204% 279,733,852.11 1,333,873.70 0.00 0.00 C-A-X 0.00 5.50000% 8,610,806.94 39,466.20 0.00 0.00 C-A-P 2,186,097.74 0.00000% 2,063,093.76 0.00 0.00 0.00 A-R 100.00 5.50000% 0.00 0.00 0.00 0.00 SR 0.00 0.00000% 0.00 0.00 0.00 0.00 B-1 12,121,000.00 5.64134% 12,036,404.74 56,584.53 0.00 0.00 B-2 7,575,000.00 5.64134% 7,522,132.33 35,362.41 0.00 0.00 B-3 4,924,000.00 5.64134% 4,889,634.27 22,986.73 0.00 0.00 B-4 4,167,000.00 5.64134% 4,137,917.54 19,452.83 0.00 0.00 B-5 2,651,000.00 5.64134% 2,632,498.06 12,375.68 0.00 0.00 B-6 1,894,217.00 5.64134% 1,880,996.82 8,842.78 0.00 0.00 Totals 757,531,078.60 3,306,765.82 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance 1-A 0.03 0.00 296,880.14 0.00 69,985,360.16 1-A-X 0.00 0.00 12,821.41 0.00 2,956,007.85 1-A-P 0.00 0.00 0.00 0.00 1,403,177.20 2-A-1 (0.01) 0.00 109,454.99 0.00 23,495,850.39 2-A-2 (0.06) 0.00 506,878.66 0.00 108,598,291.08 2-A-3 0.00 0.00 0.00 0.00 273,000.00 2-A-4 (0.01) 0.00 68,750.01 0.00 15,000,000.00 2-A-5 0.00 0.00 10,541.67 0.00 2,300,000.00 2-A-6 0.00 0.00 5,729.17 0.00 1,250,000.00 2-A-7 (0.02) 0.00 123,750.02 0.00 27,000,000.00 3-A (0.10) 0.00 643,015.06 0.00 124,821,545.05 4-A 0.00 0.00 1,333,873.70 0.00 276,054,499.15 C-A-X (0.01) 0.00 39,466.20 0.00 8,478,871.14 C-A-P 0.00 0.00 0.00 0.00 2,033,139.25 A-R 0.00 0.00 1.25 0.00 0.00 SR 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 56,584.53 0.00 12,019,156.14 B-2 0.00 0.00 35,362.41 0.00 7,511,352.84 B-3 0.00 0.00 22,986.74 0.00 4,882,627.24 B-4 0.00 0.00 19,452.83 0.00 4,131,987.76 B-5 0.00 0.00 12,375.68 0.00 2,628,725.59 B-6 0.00 0.00 8,842.78 0.00 1,878,301.29 Totals (0.18) 0.00 3,306,767.25 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall 1-A 77,785,000.00 5.00000% 916.00232796 3.81667635 0.00000000 0.00000000 1-A-X 0.00 5.00000% 878.82602686 3.66177456 0.00000000 0.00000000 1-A-P 1,477,663.86 0.00000% 954.29099146 0.00000000 0.00000000 0.00000000 2-A-1 26,000,000.00 5.50000% 918.50333154 4.20980692 0.00000000 0.00000000 2-A-2 121,556,000.00 5.50000% 909.80037102 4.16991839 0.00000000 0.00000000 2-A-3 273,000.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-4 15,000,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 2-A-5 2,300,000.00 5.50000% 1000.00000000 4.58333478 0.00000000 0.00000000 2-A-6 1,250,000.00 5.50000% 1000.00000000 4.58333600 0.00000000 0.00000000 2-A-7 27,000,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 3-A 149,099,000.00 6.00000% 862.53423276 4.31267118 0.00000000 0.00000000 4-A 300,272,000.00 5.72204% 931.60152165 4.44221806 0.00000000 0.00000000 C-A-X 0.00 5.50000% 896.75106885 4.11010922 0.00000000 0.00000000 C-A-P 2,186,097.74 0.00000% 943.73354048 0.00000000 0.00000000 0.00000000 A-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 SR 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 12,121,000.00 5.64134% 993.02076891 4.66830542 0.00000000 0.00000000 B-2 7,575,000.00 5.64134% 993.02076964 4.66830495 0.00000000 0.00000000 B-3 4,924,000.00 5.64134% 993.02076970 4.66830422 0.00000000 0.00000000 B-4 4,167,000.00 5.64134% 993.02076794 4.66830574 0.00000000 0.00000000 B-5 2,651,000.00 5.64134% 993.02076952 4.66830630 0.00000000 0.00000000 B-6 1,894,217.00 5.64134% 993.02076795 4.66830358 0.00000000 0.00000000 (5) All Classes are Per $1,000 Denomination
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-A 0.00000039 0.00000000 3.81667597 0.00000000 899.72822729 1-A-X 0.00000000 0.00000000 3.66177456 0.00000000 844.23120060 1-A-P 0.00000000 0.00000000 0.00000000 0.00000000 949.59160739 2-A-1 (0.00000038) 0.00000000 4.20980731 0.00000000 903.68655346 2-A-2 (0.00000049) 0.00000000 4.16991889 0.00000000 893.40132186 2-A-3 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 2-A-4 (0.00000067) 0.00000000 4.58333400 0.00000000 1000.00000000 2-A-5 0.00000000 0.00000000 4.58333478 0.00000000 1000.00000000 2-A-6 0.00000000 0.00000000 4.58333600 0.00000000 1000.00000000 2-A-7 (0.00000074) 0.00000000 4.58333407 0.00000000 1000.00000000 3-A (0.00000067) 0.00000000 4.31267185 0.00000000 837.17224830 4-A 0.00000000 0.00000000 4.44221806 0.00000000 919.34812154 C-A-X (0.00000104) 0.00000000 4.11010922 0.00000000 883.01094316 C-A-P 0.00000000 0.00000000 0.00000000 0.00000000 930.03126658 A-R 0.00000000 0.00000000 12.50000000 0.00000000 0.00000000 SR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 4.66830542 0.00000000 991.59773451 B-2 0.00000000 0.00000000 4.66830495 0.00000000 991.59773465 B-3 0.00000000 0.00000000 4.66830626 0.00000000 991.59773355 B-4 0.00000000 0.00000000 4.66830574 0.00000000 991.59773458 B-5 0.00000000 0.00000000 4.66830630 0.00000000 991.59773293 B-6 0.00000000 0.00000000 4.66830358 0.00000000 991.59773669 (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 14,618,291.19 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 25,255.54 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 14,643,546.73 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 147,128.50 Payment of Interest and Principal 14,496,418.23 Total Withdrawals (Pool Distribution Amount) 14,643,546.73 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 147,128.50 Master Servicing Fee 0.00 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 147,128.50
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Financial Guaranty 0.00 0.00 0.00 0.00 Reserve Fund 14,999.97 0.00 0.00 14,999.97 Class 2-A-4 Rounding Account 999.99 0.00 0.00 999.99
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 2 0 0 0 2 224,202.54 0.00 0.00 0.00 224,202.54 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 2 224,202.54 0.00 0.00 0.00 224,202.54 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.664452% 0.000000% 0.000000% 0.000000% 0.664452% 0.298089% 0.000000% 0.000000% 0.000000% 0.298089% 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 0.664452% 0.000000% 0.000000% 0.000000% 0.664452% 0.298089% 0.000000% 0.000000% 0.000000% 0.298089% 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 3 740,340.15 0.00 0.00 0.00 740,340.15 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 3 0 0 0 3 740,340.15 0.00 0.00 0.00 740,340.15 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.324324% 0.000000% 0.000000% 0.000000% 0.324324% 0.391623% 0.000000% 0.000000% 0.000000% 0.391623% 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 0.324324% 0.000000% 0.000000% 0.000000% 0.324324% 0.391623% 0.000000% 0.000000% 0.000000% 0.391623% 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 9 0 0 0 9 1,613,569.46 0.00 0.00 0.00 1,613,569.46 60 Days 1 0 0 0 1 91,642.29 0.00 0.00 0.00 91,642.29 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 1 0 0 0 1 56,380.66 0.00 0.00 0.00 56,380.66 150 Days 1 0 0 0 1 230,228.01 0.00 0.00 0.00 230,228.01 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 12 0 0 0 12 1,991,820.42 0.00 0.00 0.00 1,991,820.42 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.244813% 0.000000% 0.000000% 0.000000% 1.244813% 1.224513% 0.000000% 0.000000% 0.000000% 1.224513% 60 Days 0.138313% 0.000000% 0.000000% 0.000000% 0.138313% 0.069546% 0.000000% 0.000000% 0.000000% 0.069546% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.138313% 0.000000% 0.000000% 0.000000% 0.138313% 0.042786% 0.000000% 0.000000% 0.000000% 0.042786% 150 Days 0.138313% 0.000000% 0.000000% 0.000000% 0.138313% 0.174717% 0.000000% 0.000000% 0.000000% 0.174717% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.659751% 0.000000% 0.000000% 0.000000% 1.659751% 1.511562% 0.000000% 0.000000% 0.000000% 1.511562% 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 6 0 0 0 6 838,669.09 0.00 0.00 0.00 838,669.09 60 Days 2 0 0 0 2 267,549.05 0.00 0.00 0.00 267,549.05 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 1 0 1 0.00 0.00 68,529.67 0.00 68,529.67 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 8 0 1 0 9 1,106,218.14 0.00 68,529.67 0.00 1,174,747.81 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.330579% 0.000000% 0.000000% 0.000000% 0.330579% 0.289153% 0.000000% 0.000000% 0.000000% 0.289153% 60 Days 0.110193% 0.000000% 0.000000% 0.000000% 0.110193% 0.092245% 0.000000% 0.000000% 0.000000% 0.092245% 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% 0.055096% 0.000000% 0.055096% 0.000000% 0.000000% 0.023627% 0.000000% 0.023627% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.440771% 0.000000% 0.055096% 0.000000% 0.495868% 0.381398% 0.000000% 0.023627% 0.000000% 0.405025%
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 150,000.00 0.01980117% 152,024.00 0.02218464% Fraud 7,075,950.00 0.93408049% 22,725,932.00 3.31636159% Special Hazard 2,859,670.00 0.37749870% 6,852,670.13 1.00000000% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 5.953346% Weighted Average Pass-Through Rate 5.699738% Weighted Average Maturity (Stepdown Calculation) 314 Beginning Scheduled Collateral Loan Count 3,818 Number Of Loans Paid In Full 54 Ending Scheduled Collateral Loan Count 3,764 Beginning Scheduled Collateral Balance 696,456,664.32 Ending Scheduled Collateral Balance 685,267,013.35 Ending Actual Collateral Balance at 31-Oct-2004 686,072,500.70 Monthly P &I Constant 4,457,556.00 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 14,257,730.29 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 685,267,013.35 Scheduled Principal 1,002,349.62 Unscheduled Principal 10,187,301.35
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Fixed 15 Year Fixed 30 Year Fixed 30 Year Weighted Average Coupon Rate 5.379819 5.845011 6.386843 Weighted Average Net Rate 5.109329 5.593615 6.134138 Weighted Average Maturity 167 343 345 Beginning Loan Count 302 936 739 Loans Paid In Full 1 11 16 Ending Loan Count 301 925 723 Beginning Scheduled Balance 76,237,888.92 191,289,818.32 135,450,068.80 Ending scheduled Balance 74,950,369.89 188,870,903.58 131,661,478.33 Record Date 10/31/2004 10/31/2004 10/31/2004 Principal And Interest Constant 655,414.92 1,153,028.22 862,232.78 Scheduled Principal 313,626.55 221,285.66 141,317.56 Unscheduled Principal 973,892.48 2,197,629.08 3,647,272.91 Scheduled Interest 341,788.37 931,742.56 720,915.22 Servicing Fees 17,184.63 40,074.63 28,524.09 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 60.64 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 324,603.74 891,667.93 692,330.49 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 5.109330 5.593614 6.133600
Group Level Collateral Statement Group Group 4 Total Collateral Description Fixed 30 Year Mixed Fixed Weighted Average Coupon Rate 5.972873 5.953346 Weighted Average Net Rate 5.722041 5.699843 Weighted Average Maturity 345 314 Beginning Loan Count 1,841 3,818 Loans Paid In Full 26 54 Ending Loan Count 1,815 3,764 Beginning Scheduled Balance 293,478,888.28 696,456,664.32 Ending scheduled Balance 289,784,261.55 685,267,013.35 Record Date 10/31/2004 10/31/2004 Principal And Interest Constant 1,786,880.08 4,457,556.00 Scheduled Principal 326,119.85 1,002,349.62 Unscheduled Principal 3,368,506.88 10,187,301.35 Scheduled Interest 1,460,760.23 3,455,206.38 Servicing Fees 61,345.15 147,128.50 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 60.64 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 1,399,415.08 3,308,017.24 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 5.722041 5.699738
Miscellaneous Reporting Group Group 1 Group 1 Senior Percentage 95.220322% Group 1 Senior Prepayment Percentage 100.000000% Group 1 Subordinate Percentage 4.779678% Group 1 Subordinate Prepay Percentage 0.000000% Group Group 2 Group 2 Senior Percentage 95.271238% Group 2 Senior Prepayment Percentage 100.000000% Group 2 Subordinate Percentage 4.728762% Group 2 Subordinate Prepay Percentage 0.000000% Group Group 3 Group 3 Subordinate Percentage 5.042446% Group 3 Senior Percentage 94.957554% Group 3 Senior Prepayment Percentage 100.000000% Group 3 Subordinate Prepay Percentage 0.000000%
Miscellaneous Reporting Group Group 4 Group 4 Senior Percentage 95.316516% Group 4 Senior Prepayment Percentage 100.000000% Group 4 Subordinate Percentage 4.683484% Group 4 Subordinate Prepay Percentage 0.000000%
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