-----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, ATNIQFTAOYYCcOhZuKEh6BTIRzpY/tm2t2X84wtI6zMgLMJB+L99EZhgo7B5rVFg OFeX2mXGebiFaaZT/M6tkg== 0001056404-04-003313.txt : 20041004 0001056404-04-003313.hdr.sgml : 20041004 20041004130523 ACCESSION NUMBER: 0001056404-04-003313 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: 20041004 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MERRILL LYNCH MORT INV INC ASSET BACK CERTS SER 2004 WMC4 CENTRAL INDEX KEY: 0001293655 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-112231-09 FILM NUMBER: 041061340 BUSINESS ADDRESS: STREET 1: 4LD FINANCIAL CENTER FLOOR 10 CITY: NEW YORK STATE: NY ZIP: 10281-1310 BUSINESS PHONE: 2124491000 MAIL ADDRESS: STREET 1: WORLD FINANCIAL CTR N TOWER STREET 2: 250 VESEY ST 10TH FL CITY: NEW YORK STATE: NY ZIP: 10281-1310 8-K 1 mlm04wm4_sep.txt SEPTEMBER 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 27, 2004 MERRILL LYNCH MORTGAGE INVESTORS TRUST Mortgage Loan Asset-Backed Certificates, Series 2004-WMC4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112231-09 54-2155154 Pooling and Servicing Agreement) (Commission 54-2155155 (State or other File Number) 54-2155156 jurisdiction 54-6621666 of Incorporation) 54-6621667 54-6621668 IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 MERRILL LYNCH MORTGAGE INVESTORS TRUST, Mortgage Loan Asset-Backed Certificates, Series 2004-WMC4 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset-Backed Certificates, Series 2004-WMC4 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. MERRILL LYNCH MORTGAGE INVESTORS TRUST Mortgage Loan Asset-Backed Certificates, Series 2004-WMC4 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: 10/1/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset-Backed Certificates, Series 2004-WMC4 Trust, relating to the September 27, 2004 distribution. EX-99.1
Merrill Lynch Mortgage Investors Trust Mortgage Loan Asset-Backed Certificates Record Date: 8/31/2004 Distribution Date: 9/27/2004 MLM Series: 2004-WMC4 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 R 59020UDX0 RES 1.96500% 0.00 0.00 0.00 A-1A 59020UCY9 SEN 1.96500% 549,603,569.05 989,973.43 24,368,542.21 A-1B 59020UCZ6 SEN 2.06500% 28,926,256.65 54,754.99 1,282,543.90 A-2B1 59020UDA0 SEN 1.75500% 191,418,768.07 307,944.94 19,853,730.23 A-2B2 59020UDB8 SEN 1.88500% 162,516,000.00 280,814.11 0.00 A-2B3 59020UDC6 SEN 2.10500% 34,152,000.00 65,899.13 0.00 M-1 59020UDF9 MEZ 2.21500% 88,150,000.00 178,981.23 0.00 M-2 59020UDG7 MEZ 2.86500% 71,826,000.00 188,633.03 0.00 M-3 59020UDH5 MEZ 3.04500% 22,854,000.00 63,791.23 0.00 B-1 59020UDJ1 SUB 3.59500% 19,589,000.00 64,553.92 0.00 B-2 59020UDK8 SUB 3.86500% 13,059,000.00 46,266.95 0.00 B-3 59020UDL6 SUB 5.36500% 19,589,000.00 96,337.07 0.00 B-4 59020UDY8 SUB 5.00000% 17,630,000.00 73,458.33 0.00 C 59020UDZ5 OC 0.00000% 11,753,292.00 3,724,944.41 0.00 P 59020UEA9 P 0.00000% 0.00 866,418.73 0.00 S 59020UDE2 SEN-IO 0.63500% 0.00 699,479.99 0.00 Totals 1,231,066,885.77 7,702,251.49 45,504,816.34
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses R 0.00 0.00 0.00 0.00 A-1A 0.00 525,235,026.84 25,358,515.64 0.00 A-1B 0.00 27,643,712.74 1,337,298.89 0.00 A-2B1 0.00 171,565,037.84 20,161,675.17 0.00 A-2B2 0.00 162,516,000.00 280,814.11 0.00 A-2B3 0.00 34,152,000.00 65,899.13 0.00 M-1 0.00 88,150,000.00 178,981.23 0.00 M-2 0.00 71,826,000.00 188,633.03 0.00 M-3 0.00 22,854,000.00 63,791.23 0.00 B-1 0.00 19,589,000.00 64,553.92 0.00 B-2 0.00 13,059,000.00 46,266.95 0.00 B-3 0.00 19,589,000.00 96,337.07 0.00 B-4 0.00 17,630,000.00 73,458.33 0.00 C 0.00 11,753,292.00 3,724,944.41 0.00 P 0.00 0.00 866,418.73 0.00 S 0.00 0.00 699,479.99 0.00 Totals 0.00 1,185,562,069.42 53,207,067.83 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) R 100.00 0.00 0.00 0.00 0.00 0.00 A-1A 585,585,000.00 549,603,569.05 0.00 24,368,542.21 0.00 0.00 A-1B 30,820,000.00 28,926,256.65 0.00 1,282,543.90 0.00 0.00 A-2B1 228,399,000.00 191,418,768.07 0.00 19,853,730.23 0.00 0.00 A-2B2 162,516,000.00 162,516,000.00 0.00 0.00 0.00 0.00 A-2B3 34,152,000.00 34,152,000.00 0.00 0.00 0.00 0.00 M-1 88,150,000.00 88,150,000.00 0.00 0.00 0.00 0.00 M-2 71,826,000.00 71,826,000.00 0.00 0.00 0.00 0.00 M-3 22,854,000.00 22,854,000.00 0.00 0.00 0.00 0.00 B-1 19,589,000.00 19,589,000.00 0.00 0.00 0.00 0.00 B-2 13,059,000.00 13,059,000.00 0.00 0.00 0.00 0.00 B-3 19,589,000.00 19,589,000.00 0.00 0.00 0.00 0.00 B-4 17,630,000.00 17,630,000.00 0.00 0.00 0.00 0.00 C 11,752,261.01 11,753,292.00 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 S 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,305,921,361.01 1,231,066,885.77 0.00 45,504,816.34 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 R 0.00 0.00 0.00000000 0.00 A-1A 24,368,542.21 525,235,026.84 0.89694071 24,368,542.21 A-1B 1,282,543.90 27,643,712.74 0.89694071 1,282,543.90 A-2B1 19,853,730.23 171,565,037.84 0.75116370 19,853,730.23 A-2B2 0.00 162,516,000.00 1.00000000 0.00 A-2B3 0.00 34,152,000.00 1.00000000 0.00 M-1 0.00 88,150,000.00 1.00000000 0.00 M-2 0.00 71,826,000.00 1.00000000 0.00 M-3 0.00 22,854,000.00 1.00000000 0.00 B-1 0.00 19,589,000.00 1.00000000 0.00 B-2 0.00 13,059,000.00 1.00000000 0.00 B-3 0.00 19,589,000.00 1.00000000 0.00 B-4 0.00 17,630,000.00 1.00000000 0.00 C 0.00 11,753,292.00 1.00008773 0.00 P 0.00 0.00 0.00000000 0.00 S 0.00 0.00 0.00000000 0.00 Totals 45,504,816.34 1,185,562,069.42 0.90783573 45,504,816.34
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 A-1A 585,585,000.00 938.55472570 0.00000000 41.61401370 0.00000000 A-1B 30,820,000.00 938.55472583 0.00000000 41.61401363 0.00000000 A-2B1 228,399,000.00 838.08934396 0.00000000 86.92564429 0.00000000 A-2B2 162,516,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2B3 34,152,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 88,150,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 71,826,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 22,854,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 19,589,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 13,059,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 19,589,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 17,630,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 11,752,261.01 1000.08772695 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 S 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 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-1A 0.00000000 41.61401370 896.94071201 0.89694071 41.61401370 A-1B 0.00000000 41.61401363 896.94071188 0.89694071 41.61401363 A-2B1 0.00000000 86.92564429 751.16369967 0.75116370 86.92564429 A-2B2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-2B3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.08772695 1.00008773 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 S 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 R 100.00 1.96500% 0.00 0.00 0.00 0.00 A-1A 585,585,000.00 1.96500% 549,603,569.05 989,973.43 0.00 0.00 A-1B 30,820,000.00 2.06500% 28,926,256.65 54,754.99 0.00 0.00 A-2B1 228,399,000.00 1.75500% 191,418,768.07 307,944.94 0.00 0.00 A-2B2 162,516,000.00 1.88500% 162,516,000.00 280,814.11 0.00 0.00 A-2B3 34,152,000.00 2.10500% 34,152,000.00 65,899.13 0.00 0.00 M-1 88,150,000.00 2.21500% 88,150,000.00 178,981.23 0.00 0.00 M-2 71,826,000.00 2.86500% 71,826,000.00 188,633.03 0.00 0.00 M-3 22,854,000.00 3.04500% 22,854,000.00 63,791.23 0.00 0.00 B-1 19,589,000.00 3.59500% 19,589,000.00 64,553.92 0.00 0.00 B-2 13,059,000.00 3.86500% 13,059,000.00 46,266.95 0.00 0.00 B-3 19,589,000.00 5.36500% 19,589,000.00 96,337.07 0.00 0.00 B-4 17,630,000.00 5.00000% 17,630,000.00 73,458.33 0.00 0.00 C 11,752,261.01 0.00000% 11,753,292.00 0.00 0.00 0.00 P 0.00 0.00000% 0.01 0.00 0.00 0.00 S 0.00 0.63500% 1,201,683,593.77 699,479.99 0.00 0.00 Totals 1,305,921,361.01 3,110,888.35 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 R 0.00 0.00 0.00 0.00 0.00 A-1A 0.00 0.00 989,973.43 0.00 525,235,026.84 A-1B 0.00 0.00 54,754.99 0.00 27,643,712.74 A-2B1 0.00 0.00 307,944.94 0.00 171,565,037.84 A-2B2 0.00 0.00 280,814.11 0.00 162,516,000.00 A-2B3 0.00 0.00 65,899.13 0.00 34,152,000.00 M-1 0.00 0.00 178,981.23 0.00 88,150,000.00 M-2 0.00 0.00 188,633.03 0.00 71,826,000.00 M-3 0.00 0.00 63,791.23 0.00 22,854,000.00 B-1 0.00 0.00 64,553.92 0.00 19,589,000.00 B-2 0.00 0.00 46,266.95 0.00 13,059,000.00 B-3 0.00 0.00 96,337.07 0.00 19,589,000.00 B-4 0.00 0.00 73,458.33 0.00 17,630,000.00 C 0.00 0.00 3,724,944.41 0.00 11,753,292.00 P 0.00 0.00 866,418.73 0.00 0.01 S 0.00 0.00 699,479.99 0.00 1,156,178,777.43 Totals 0.00 0.00 7,702,251.49 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 R 100.00 1.96500% 0.00000000 0.00000000 0.00000000 0.00000000 A-1A 585,585,000.00 1.96500% 938.55472570 1.69057170 0.00000000 0.00000000 A-1B 30,820,000.00 2.06500% 938.55472583 1.77660578 0.00000000 0.00000000 A-2B1 228,399,000.00 1.75500% 838.08934396 1.34827622 0.00000000 0.00000000 A-2B2 162,516,000.00 1.88500% 1000.00000000 1.72791670 0.00000000 0.00000000 A-2B3 34,152,000.00 2.10500% 1000.00000000 1.92958333 0.00000000 0.00000000 M-1 88,150,000.00 2.21500% 1000.00000000 2.03041668 0.00000000 0.00000000 M-2 71,826,000.00 2.86500% 1000.00000000 2.62624997 0.00000000 0.00000000 M-3 22,854,000.00 3.04500% 1000.00000000 2.79125011 0.00000000 0.00000000 B-1 19,589,000.00 3.59500% 1000.00000000 3.29541682 0.00000000 0.00000000 B-2 13,059,000.00 3.86500% 1000.00000000 3.54291676 0.00000000 0.00000000 B-3 19,589,000.00 5.36500% 1000.00000000 4.91791669 0.00000000 0.00000000 B-4 17,630,000.00 5.00000% 1000.00000000 4.16666648 0.00000000 0.00000000 C 11,752,261.01 0.00000% 1000.08772695 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 S 0.00 0.63500% 941.36058486 0.54795031 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 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-1A 0.00000000 0.00000000 1.69057170 0.00000000 896.94071201 A-1B 0.00000000 0.00000000 1.77660578 0.00000000 896.94071188 A-2B1 0.00000000 0.00000000 1.34827622 0.00000000 751.16369967 A-2B2 0.00000000 0.00000000 1.72791670 0.00000000 1000.00000000 A-2B3 0.00000000 0.00000000 1.92958333 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 2.03041668 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.62624997 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 2.79125011 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 3.29541682 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 3.54291676 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 4.91791669 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 4.16666648 0.00000000 1000.00000000 C 0.00000000 0.00000000 316.95555492 0.00000000 1000.08772695 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 S 0.00000000 0.00000000 0.54795031 0.00000000 905.71356367 (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 52,802,585.97 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 258,040.94 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 866,418.73 Total Deposits 53,927,045.64 Withdrawals Reimbursement for Servicer Advances 207,033.29 Payment of Service Fee 512,944.52 Payment of Interest and Principal 53,207,067.83 Total Withdrawals (Pool Distribution Amount) 53,927,045.64 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 512,944.52 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 512,944.52
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Cap Contract 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 24 0 0 24 3,034,253.36 0.00 0.00 3,034,253.36 30 Days 108 0 1 0 109 20,948,278.87 0.00 120,227.99 0.00 21,068,506.86 60 Days 27 4 15 0 46 4,405,953.87 339,315.39 3,363,048.87 0.00 8,108,318.13 90 Days 15 4 36 0 55 2,013,144.55 904,698.16 7,771,123.41 0.00 10,688,966.12 120 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 150 32 52 0 234 27,367,377.29 4,278,266.91 11,254,400.27 0.00 42,900,044.47 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 0.337410% 0.000000% 0.000000% 0.337410% 0.255934% 0.000000% 0.000000% 0.255934% 30 Days 1.518347% 0.000000% 0.014059% 0.000000% 1.532405% 1.766949% 0.000000% 0.010141% 0.000000% 1.777090% 60 Days 0.379587% 0.056235% 0.210881% 0.000000% 0.646703% 0.371634% 0.028621% 0.283667% 0.000000% 0.683922% 90 Days 0.210881% 0.056235% 0.506116% 0.000000% 0.773232% 0.169805% 0.076310% 0.655480% 0.000000% 0.901595% 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 2.108815% 0.449881% 0.731056% 0.000000% 3.289751% 2.308388% 0.360864% 0.949288% 0.000000% 3.618541%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 258,040.94
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.163326% Weighted Average Net Coupon 6.663325% Weighted Average Pass-Through Rate 6.663325% Weighted Average Maturity(Stepdown Calculation) 355 Beginning Scheduled Collateral Loan Count 7,357 Number Of Loans Paid In Full 244 Ending Scheduled Collateral Loan Count 7,113 Beginning Scheduled Collateral Balance 1,231,066,885.77 Ending Scheduled Collateral Balance 1,185,562,069.43 Ending Actual Collateral Balance at 31-Aug-2004 1,185,562,069.43 Monthly P &I Constant 8,347,928.04 Special Servicing Fee 0.00 Prepayment Penalties 866,418.73 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 996,647.22 Unscheduled Principal 44,508,169.12 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 11,753,292.00 Overcollateralized Amount 11,753,292.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 3,724,944.41
Miscellaneous Reporting Trigger Event Occurring NO Number of Loans with PPP Received 174 Cumulative Prepayment Penalty Amount 1,851,597.39
Group Level Collateral Statement Group Grp A Fixed Grp A ARM Grp B Fixed Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 7.968534 6.828425 8.530046 Weighted Average Net Rate 7.468534 6.328425 8.030046 Weighted Average Maturity 355 355 354 Beginning Loan Count 2,089 2,909 989 Loans Paid In Full 57 103 40 Ending Loan Count 2,032 2,806 949 Beginning Scheduled Balance 190,499,424.57 544,547,936.10 119,859,544.73 Ending scheduled Balance 186,030,739.49 523,365,535.07 115,272,728.39 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 1,432,417.82 3,546,889.44 948,245.27 Scheduled Principal 167,416.83 448,219.03 96,239.05 Unscheduled Principal 4,301,268.25 20,734,182.00 4,490,577.29 Scheduled Interest 1,265,000.99 3,098,670.41 852,006.22 Servicing Fees 79,374.76 226,894.97 49,941.47 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 1,185,626.23 2,871,775.44 802,064.75 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 7.468534 6.328425 8.030046
Group Level Collateral Statement Group Grp B ARM Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.812856 7.163326 Weighted Average Net Rate 6.312856 6.663325 Weighted Average Maturity 354 355 Beginning Loan Count 1,370 7,357 Loans Paid In Full 44 244 Ending Loan Count 1,326 7,113 Beginning Scheduled Balance 376,159,980.37 1,231,066,885.77 Ending scheduled Balance 360,893,066.48 1,185,562,069.43 Record Date 08/31/2004 08/31/2004 Principal And Interest Constant 2,420,375.51 8,347,928.04 Scheduled Principal 284,772.31 996,647.22 Unscheduled Principal 14,982,141.58 44,508,169.12 Scheduled Interest 2,135,603.20 7,351,280.82 Servicing Fees 156,733.32 512,944.52 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 1,978,869.88 6,838,336.30 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 6.312856 6.663325
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