-----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, D+Gl903J5fhLLC1X3EeXyFCJy4EsDkbt4qp3nP2+Wp+GVeMzskrrureJRoR80IoH x17aGQKSwhzewAqt5Xxz2g== 0001056404-04-002848.txt : 20040903 0001056404-04-002848.hdr.sgml : 20040903 20040903101257 ACCESSION NUMBER: 0001056404-04-002848 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: Structured Adjustable Rate Mortgage Loan Trust CENTRAL INDEX KEY: 0001296173 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: 333-92140-48 FILM NUMBER: 041015370 BUSINESS ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 BUSINESS PHONE: 2125267000 MAIL ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 8-K 1 srm0409xs_aug.txt AUGUST 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): August 25, 2004 STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-9XS Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-92140-48 54-2155165 Pooling and Servicing Agreement) (Commission 54-2155166 (State or other File Number) 54-6621669 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 August 25, 2004 a distribution was made to holders of STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2004-9XS 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 2004-9XS 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. STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-9XS 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: 8/30/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-9XS Trust, relating to the August 25, 2004 distribution. EX-99.1
Structured Adjustable Rate Mortgage Loan Trust Mortgage Pass-Through Certificates Record Date: 7/31/04 Distribution Date: 8/25/04 SARM Series: 2004-9XS 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 SRM049XSR SEN 0.00000% 0.00 0.00 0.00 A 86359BVG3 SEN 1.82000% 273,213,125.86 414,373.24 3,939,883.61 M1 86359BVH1 MEZ 2.10000% 16,371,000.00 28,649.25 0.00 M2 86359BVJ7 MEZ 2.55000% 3,453,000.00 7,337.63 0.00 M3 86359BVK4 MEZ 3.55000% 1,051,593.00 3,110.96 0.00 CX SRM049XCX SEN 0.00000% 0.00 0.00 0.00 X SRM049XSX SEN 0.00000% 0.00 848,955.99 0.00 P SRM049XSP SEN 0.00000% 0.01 0.00 0.00 Totals 294,088,718.87 1,302,427.07 3,939,883.61
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 0.00 269,273,242.25 4,354,256.85 0.00 M1 0.00 16,371,000.00 28,649.25 0.00 M2 0.00 3,453,000.00 7,337.63 0.00 M3 0.00 1,051,593.00 3,110.96 0.00 CX 0.00 0.00 0.00 0.00 X 0.00 0.00 848,955.99 0.00 P 0.00 0.01 0.00 0.00 Totals 0.00 290,148,835.26 5,242,310.68 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 0.00 0.00 0.00 0.00 0.00 0.00 A 279,496,000.00 273,213,125.86 0.00 3,939,883.61 0.00 0.00 M1 16,371,000.00 16,371,000.00 0.00 0.00 0.00 0.00 M2 3,453,000.00 3,453,000.00 0.00 0.00 0.00 0.00 M3 1,051,593.00 1,051,593.00 0.00 0.00 0.00 0.00 CX 0.00 0.00 0.00 0.00 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 P 0.00 0.01 0.00 0.00 0.00 0.00 Totals 300,371,593.00 294,088,718.87 0.00 3,939,883.61 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 3,939,883.61 269,273,242.25 0.96342431 3,939,883.61 M1 0.00 16,371,000.00 1.00000000 0.00 M2 0.00 3,453,000.00 1.00000000 0.00 M3 0.00 1,051,593.00 1.00000000 0.00 CX 0.00 0.00 0.00000000 0.00 X 0.00 0.00 0.00000000 0.00 P 0.00 0.01 0.00000000 0.00 Totals 3,939,883.61 290,148,835.26 0.96596630 3,939,883.61
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A 279,496,000.00 977.52070105 0.00000000 14.09638639 0.00000000 M1 16,371,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 3,453,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 1,051,593.00 1000.00000000 0.00000000 0.00000000 0.00000000 CX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are Per 1,000 Denominations
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 0.00000000 14.09638639 963.42431466 0.96342431 14.09638639 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 CX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 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 0.00 0.00000% 0.00 0.00 0.00 0.00 A 279,496,000.00 1.82000% 273,213,125.86 414,373.24 0.00 0.00 M1 16,371,000.00 2.10000% 16,371,000.00 28,649.25 0.00 0.00 M2 3,453,000.00 2.55000% 3,453,000.00 7,337.63 0.00 0.00 M3 1,051,593.00 3.55000% 1,051,593.00 3,110.96 0.00 0.00 CX 0.00 0.00000% 0.00 0.00 0.00 0.00 X 0.00 0.00000% 294,088,718.87 0.00 0.00 0.00 P 0.00 0.00000% 0.01 0.00 0.00 0.00 Totals 300,371,593.00 453,471.08 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 0.00 0.00 414,373.24 0.00 269,273,242.25 M1 0.00 0.00 28,649.25 0.00 16,371,000.00 M2 0.00 0.00 7,337.63 0.00 3,453,000.00 M3 0.00 0.00 3,110.96 0.00 1,051,593.00 CX 0.00 0.00 0.00 0.00 0.00 X 0.00 0.00 848,955.99 0.00 290,148,835.26 P 0.00 0.00 0.00 0.00 0.01 Totals 0.00 0.00 1,302,427.07 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 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 A 279,496,000.00 1.82000% 977.52070105 1.48257306 0.00000000 0.00000000 M1 16,371,000.00 2.10000% 1000.00000000 1.75000000 0.00000000 0.00000000 M2 3,453,000.00 2.55000% 1000.00000000 2.12500145 0.00000000 0.00000000 M3 1,051,593.00 3.55000% 1000.00000000 2.95833084 0.00000000 0.00000000 CX 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 X 0.00 0.00000% 979.08266899 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 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 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A 0.00000000 0.00000000 1.48257306 0.00000000 963.42431466 M1 0.00000000 0.00000000 1.75000000 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.12500145 0.00000000 1000.00000000 M3 0.00000000 0.00000000 2.95833084 0.00000000 1000.00000000 CX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X 0.00000000 0.00000000 2.82635152 0.00000000 965.96597490 P 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 5,306,673.83 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 5,306,673.83 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 64,363.15 Payment of Interest and Principal 5,242,310.68 Total Withdrawals (Pool Distribution Amount) 5,306,673.83 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 61,299.73 Wells Fargo Bank, N.A. 3,063.42 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 64,363.15
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Financial Guaranty 0.00 0.00 0.00 0.00 Reserve Fund 0.00 0.00 0.00 0.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 14 0 0 0 14 4,278,706.15 0.00 0.00 0.00 4,278,706.15 60 Days 1 0 0 0 1 248,500.00 0.00 0.00 0.00 248,500.00 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 15 0 0 0 15 4,527,206.15 0.00 0.00 0.00 4,527,206.15 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 1.271571% 0.000000% 0.000000% 0.000000% 1.271571% 1.474374% 0.000000% 0.000000% 0.000000% 1.474374% 60 Days 0.090827% 0.000000% 0.000000% 0.000000% 0.090827% 0.085629% 0.000000% 0.000000% 0.000000% 0.085629% 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 1.362398% 0.000000% 0.000000% 0.000000% 1.362398% 1.560004% 0.000000% 0.000000% 0.000000% 1.560004%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.577051% Weighted Average Net Coupon 5.326923% Weighted Average Pass-Through Rate 5.314423% Weighted Average Maturity(Stepdown Calculation ) 358 Beginning Scheduled Collateral Loan Count 1,117 Number Of Loans Paid In Full 16 Ending Scheduled Collateral Loan Count 1,101 Beginning Scheduled Collateral Balance 294,088,719.75 Ending Scheduled Collateral Balance 290,148,836.14 Ending Actual Collateral Balance at 31-Jul-2004 290,204,856.62 Monthly P &I Constant 1,444,472.00 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 77,682.27 Unscheduled Principal 3,862,201.34
Miscellaneous Reporting Total Cap Payments 0.00
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