-----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, I/Wj9pxd5n1sXU2LGHZDwjqohS/uBNMAkcyGROzccJ1GjgIHRVLfP5h18tT4/S0j jbjqkO7sa51TiswXmfdsbQ== 0001056404-04-002899.txt : 20040903 0001056404-04-002899.hdr.sgml : 20040903 20040903115310 ACCESSION NUMBER: 0001056404-04-002899 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040825 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040903 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Mortgage Backed Securities Series 2004-I CENTRAL INDEX KEY: 0001293681 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: 333-110283-25 FILM NUMBER: 041015746 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 BUSINESS PHONE: 3018468881 MAIL ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERIDK STATE: MD ZIP: 21703 8-K 1 wfm0400i_aug.txt AUGUST 8K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 25, 2004 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2004-I Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-110283-25 54-2155094 Pooling and Servicing Agreement) (Commission 54-2155095 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On August 25, 2004 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2004-I 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-I Trust, relating to the August 25, 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2004-I Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/1/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-I Trust, relating to the August 25, 2004 distribution. EX-99.1
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 7/31/04 Distribution Date: 8/25/04 WFMBS Series: 2004-I 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 949812AA9 SEN 3.39696% 1,207,177,710.01 3,415,201.34 37,297,823.96 I-A-2 949812AL5 SEN 3.39696% 23,979,305.55 67,839.35 740,881.74 II-A-1 949812AB7 SEN 3.33664% 320,979,052.14 891,951.54 6,209,755.56 II-A-R 949812AC5 SEN 3.33554% 0.00 0.00 0.00 II-A-LR 949812AD3 SEN 3.33554% 0.00 0.00 0.00 B-1 949812AE1 SUB 3.38472% 15,666,005.28 44,160.64 25,385.27 B-2 949812AF8 SUB 3.38472% 13,192,950.98 37,189.39 21,377.92 B-3 949812AG6 SUB 3.38472% 4,123,421.18 11,623.44 6,681.61 B-4 949812AH4 SUB 3.38472% 4,122,422.78 11,620.63 6,679.99 B-5 949812AJ0 SUB 3.38472% 2,474,052.71 6,974.07 4,008.97 B-6 949812AK7 SUB 3.38472% 1,649,349.96 4,649.32 2,672.61 Totals 1,593,364,270.59 4,491,209.72 44,315,267.63
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 1,169,879,886.05 40,713,025.30 0.00 I-A-2 0.00 23,238,423.81 808,721.09 0.00 II-A-1 0.00 314,769,296.58 7,101,707.10 0.00 II-A-R 0.00 0.00 0.00 0.00 II-A-LR 0.00 0.00 0.00 0.00 B-1 0.00 15,640,620.01 69,545.91 0.00 B-2 0.00 13,171,573.06 58,567.31 0.00 B-3 0.00 4,116,739.57 18,305.05 0.00 B-4 0.00 4,115,742.78 18,300.62 0.00 B-5 0.00 2,470,043.74 10,983.04 0.00 B-6 0.00 1,646,677.35 7,321.93 0.00 Totals 0.00 1,549,049,002.95 48,806,477.35 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 1,258,562,000.00 1,207,177,710.01 1,965,788.86 35,332,035.10 0.00 0.00 I-A-2 25,000,000.00 23,979,305.55 39,048.31 701,833.42 0.00 0.00 II-A-1 326,903,000.00 320,979,052.14 510,017.20 5,699,738.36 0.00 0.00 II-A-R 20.00 0.00 0.00 0.00 0.00 0.00 II-A-LR 20.00 0.00 0.00 0.00 0.00 0.00 B-1 15,691,000.00 15,666,005.28 25,385.27 0.00 0.00 0.00 B-2 13,214,000.00 13,192,950.98 21,377.92 0.00 0.00 0.00 B-3 4,130,000.00 4,123,421.18 6,681.61 0.00 0.00 0.00 B-4 4,129,000.00 4,122,422.78 6,679.99 0.00 0.00 0.00 B-5 2,478,000.00 2,474,052.71 4,008.97 0.00 0.00 0.00 B-6 1,651,981.46 1,649,349.96 2,672.61 0.00 0.00 0.00 Totals 1,651,759,021.46 1,593,364,270.59 2,581,660.74 41,733,606.88 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 37,297,823.96 1,169,879,886.05 0.92953695 37,297,823.96 I-A-2 740,881.74 23,238,423.81 0.92953695 740,881.74 II-A-1 6,209,755.56 314,769,296.58 0.96288286 6,209,755.56 II-A-R 0.00 0.00 0.00000000 0.00 II-A-LR 0.00 0.00 0.00000000 0.00 B-1 25,385.27 15,640,620.01 0.99678924 25,385.27 B-2 21,377.92 13,171,573.06 0.99678924 21,377.92 B-3 6,681.61 4,116,739.57 0.99678924 6,681.61 B-4 6,679.99 4,115,742.78 0.99678924 6,679.99 B-5 4,008.97 2,470,043.74 0.99678924 4,008.97 B-6 2,672.61 1,646,677.35 0.99678924 2,672.61 Totals 44,315,267.63 1,549,049,002.95 0.93781779 44,315,267.63
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 1,258,562,000.00 959.17222196 1.56193248 28.07333695 0.00000000 I-A-2 25,000,000.00 959.17222200 1.56193240 28.07333680 0.00000000 II-A-1 326,903,000.00 981.87857603 1.56014842 17.43556456 0.00000000 II-A-R 20.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-LR 20.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 15,691,000.00 998.40706647 1.61782359 0.00000000 0.00000000 B-2 13,214,000.00 998.40706675 1.61782352 0.00000000 0.00000000 B-3 4,130,000.00 998.40706538 1.61782324 0.00000000 0.00000000 B-4 4,129,000.00 998.40706709 1.61782272 0.00000000 0.00000000 B-5 2,478,000.00 998.40706618 1.61782486 0.00000000 0.00000000 B-6 1,651,981.46 998.40706445 1.61782082 0.00000000 0.00000000 (2) Per $1000 denomination.
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 29.63526943 929.53695253 0.92953695 29.63526943 I-A-2 0.00000000 29.63526960 929.53695240 0.92953695 29.63526960 II-A-1 0.00000000 18.99571298 962.88286305 0.96288286 18.99571298 II-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 1.61782359 996.78924288 0.99678924 1.61782359 B-2 0.00000000 1.61782352 996.78924323 0.99678924 1.61782352 B-3 0.00000000 1.61782324 996.78924213 0.99678924 1.61782324 B-4 0.00000000 1.61782272 996.78924195 0.99678924 1.61782272 B-5 0.00000000 1.61782486 996.78924132 0.99678924 1.61782486 B-6 0.00000000 1.61782082 996.78924363 0.99678924 1.61782082 (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 1,258,562,000.00 3.39696% 1,207,177,710.01 3,417,278.84 0.00 0.00 I-A-2 25,000,000.00 3.39696% 23,979,305.55 67,880.62 0.00 0.00 II-A-1 326,903,000.00 3.33664% 320,979,052.14 892,494.13 0.00 0.00 II-A-R 20.00 3.33554% 0.00 0.00 0.00 0.00 II-A-LR 20.00 3.33554% 0.00 0.00 0.00 0.00 B-1 15,691,000.00 3.38472% 15,666,005.28 44,187.50 0.00 0.00 B-2 13,214,000.00 3.38472% 13,192,950.98 37,212.01 0.00 0.00 B-3 4,130,000.00 3.38472% 4,123,421.18 11,630.51 0.00 0.00 B-4 4,129,000.00 3.38472% 4,122,422.78 11,627.70 0.00 0.00 B-5 2,478,000.00 3.38472% 2,474,052.71 6,978.31 0.00 0.00 B-6 1,651,981.46 3.38472% 1,649,349.96 4,652.15 0.00 0.00 Totals 1,651,759,021.46 4,493,941.77 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 2,077.50 0.00 3,415,201.34 0.00 1,169,879,886.05 I-A-2 41.27 0.00 67,839.35 0.00 23,238,423.81 II-A-1 542.58 0.00 891,951.54 0.00 314,769,296.58 II-A-R 0.00 0.00 0.00 0.00 0.00 II-A-LR 0.00 0.00 0.00 0.00 0.00 B-1 26.86 0.00 44,160.64 0.00 15,640,620.01 B-2 22.62 0.00 37,189.39 0.00 13,171,573.06 B-3 7.07 0.00 11,623.44 0.00 4,116,739.57 B-4 7.07 0.00 11,620.63 0.00 4,115,742.78 B-5 4.24 0.00 6,974.07 0.00 2,470,043.74 B-6 2.83 0.00 4,649.32 0.00 1,646,677.35 Totals 2,732.04 0.00 4,491,209.72 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 1,258,562,000.00 3.39696% 959.17222196 2.71522487 0.00000000 0.00000000 I-A-2 25,000,000.00 3.39696% 959.17222200 2.71522480 0.00000000 0.00000000 II-A-1 326,903,000.00 3.33664% 981.87857603 2.73014971 0.00000000 0.00000000 II-A-R 20.00 3.33554% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-LR 20.00 3.33554% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 15,691,000.00 3.38472% 998.40706647 2.81610477 0.00000000 0.00000000 B-2 13,214,000.00 3.38472% 998.40706675 2.81610489 0.00000000 0.00000000 B-3 4,130,000.00 3.38472% 998.40706538 2.81610412 0.00000000 0.00000000 B-4 4,129,000.00 3.38472% 998.40706709 2.81610559 0.00000000 0.00000000 B-5 2,478,000.00 3.38472% 998.40706618 2.81610573 0.00000000 0.00000000 B-6 1,651,981.46 3.38472% 998.40706445 2.81610303 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 I-A-1 0.00165069 0.00000000 2.71357417 0.00000000 929.53695253 I-A-2 0.00165080 0.00000000 2.71357400 0.00000000 929.53695240 II-A-1 0.00165976 0.00000000 2.72848992 0.00000000 962.88286305 II-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00171181 0.00000000 2.81439296 0.00000000 996.78924288 B-2 0.00171182 0.00000000 2.81439307 0.00000000 996.78924323 B-3 0.00171186 0.00000000 2.81439225 0.00000000 996.78924213 B-4 0.00171228 0.00000000 2.81439332 0.00000000 996.78924195 B-5 0.00171106 0.00000000 2.81439467 0.00000000 996.78924132 B-6 0.00171309 0.00000000 2.81438994 0.00000000 996.78924363 (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 72,158.09 Deposits Payments of Interest and Principal 49,375,090.53 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 0.00 Total Deposits 49,375,090.53 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 330,342.51 Payment of Interest and Principal 48,806,477.35 Total Withdrawals (Pool Distribution Amount) 49,136,819.86 Ending Balance 310,428.76
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 17,398.31 Servicing Fee Support 14,666.27 Non-Supported Prepayment/Curtailment Interest Shortfall 2,732.04
SERVICING FEES Gross Servicing Fee 331,739.21 Master Servicing Fee 13,269.57 Supported Prepayment/Curtailment Interest Shortfall 14,666.27 Net Servicing Fee 330,342.51
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 1 0 0 0 1 468,769.33 0.00 0.00 0.00 468,769.33 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 1 468,769.33 0.00 0.00 0.00 468,769.33 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 0.031387% 0.000000% 0.000000% 0.000000% 0.031387% 0.029944% 0.000000% 0.000000% 0.000000% 0.029944% 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 0.031387% 0.000000% 0.000000% 0.000000% 0.031387% 0.029944% 0.000000% 0.000000% 0.000000% 0.029944%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 1 0 0 0 1 468,769.33 0.00 0.00 0.00 468,769.33 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 1 468,769.33 0.00 0.00 0.00 468,769.33 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.039401% 0.000000% 0.000000% 0.000000% 0.039401% 0.038165% 0.000000% 0.000000% 0.000000% 0.038165% 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 0.039401% 0.000000% 0.000000% 0.000000% 0.039401% 0.038165% 0.000000% 0.000000% 0.000000% 0.038165% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 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%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 220,665.64
COLLATERAL STATEMENT Collateral Description 10/1 CMT ARM Weighted Average Gross Coupon 3.644594% Weighted Average Net Coupon 3.384594% Weighted Average Pass-Through Rate 3.384594% Weighted Average Maturity(Stepdown Calculation ) 349 Beginning Scheduled Collateral Loan Count 3,264 Number Of Loans Paid In Full 78 Ending Scheduled Collateral Loan Count 3,186 Beginning Scheduled Collateral Balance 1,593,364,270.58 Ending Scheduled Collateral Balance 1,549,049,002.96 Ending Actual Collateral Balance at 31-Jul-2004 1,565,479,988.62 Monthly P &I Constant 7,481,304.18 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending scheduled Balance For discounted Loans 1,549,049,002.96 Scheduled Principal 2,581,660.75 Unscheduled Principal 41,733,606.88 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 1,520,980,761.86 Greater Than 80%, less than or equal to 85% 5,892,480.18 Greater than 85%, less than or equal to 95% 22,052,070.00 Greater than 95% 0.00
Group Level Collateral Statement Group 1 2 Total Collateral Description 10/1 CMT ARM 10/1 CMT ARM 10/1 CMT ARM Weighted Average Coupon Rate 3.657249 3.595948 3.644594 Weighted Average Net Rate 3.397249 3.335948 3.384594 Weighted Average Maturity 347 355 349 Beginning Loan Count 2,607 657 3,264 Loans Paid In Full 69 9 78 Ending Loan Count 2,538 648 3,186 Beginning Scheduled Balance 1,264,016,872.16 329,347,398.43 1,593,364,270.58 Ending scheduled Balance 1,225,924,656.91 323,124,346.05 1,549,049,002.96 Record Date 07/31/2004 07/31/2004 07/31/2004 Principal And Interest Constant 5,965,037.97 1,516,266.21 7,481,304.18 Scheduled Principal 2,058,346.73 523,314.02 2,581,660.75 Unscheduled Principal 36,033,868.52 5,699,738.36 41,733,606.88 Scheduled Interest 3,851,117.17 985,101.35 4,836,218.52 Servicing Fees 263,252.30 68,486.91 331,739.21 Master Servicing Fees 10,530.09 2,739.48 13,269.57 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 3,577,334.78 913,874.96 4,491,209.74 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
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