-----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, INixkbLu5y16himYe5MhlGiUTEduARtCtz/zf1WPZeV4dr6pU7HAPANs3UXHLtUt 38Yg65sYEo3MiIWCYavCAw== 0001056404-05-002428.txt : 20050701 0001056404-05-002428.hdr.sgml : 20050701 20050701133537 ACCESSION NUMBER: 0001056404-05-002428 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050627 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050701 DATE AS OF CHANGE: 20050701 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN HOME MORTGAGE INVESTMENT TRUST 2004-2 CENTRAL INDEX KEY: 0001296180 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: 333-112273-02 FILM NUMBER: 05932069 BUSINESS ADDRESS: STREET 1: 520 BROADHOLLOW RD CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 5163967700 8-K 1 ahm04002_10506.txt 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): June 27, 2005 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112273-02 Pooling and Servicing Agreement) (Commission N/A (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 June 27, 2005 a distribution was made to holders of AMERICAN HOME MORTGAGE INVESTMENT TRUST, Mortgage-Backed Notes, Series 2004-2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-2 Trust, relating to the June 27, 2005 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. AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Indenture Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 6/28/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-2 Trust, relating to the June 27, 2005 distribution. EX-99.1
AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Record Date: 5/31/2005 Distribution Date: 6/27/2005 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Series 2004-2 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution I-A 02660TAV5 SEN 3.44000% 224,321,907.12 707,361.75 II-A 02660TAW3 SEN 3.77000% 153,811,679.93 483,225.03 III-A 02660TAX1 SEN 4.34000% 96,373,193.88 348,549.72 IV-A-1 02660TAY9 SEN 2.44000% 61,939,729.13 125,944.12 IV-A-2 02660TAZ6 SEN 3.63500% 52,675,000.00 159,561.35 IV-A-3 02660TBA0 SEN 4.55000% 97,028,000.00 367,897.83 IV-A-4 02660TBB8 SEN 4.55000% 54,126,000.00 205,227.75 IV-A-5 02660TBC6 SEN 4.55000% 61,208,000.00 232,080.33 IV-A-6 02660TBD4 SEN 4.55000% 105,751,000.00 400,972.54 V-A 02660TBE2 SEN 5.50000% 74,678,837.40 342,278.00 M-1 02660TBF9 MEZ 3.69000% 44,880,000.00 151,806.60 M-2 02660TBG7 MEZ 4.54000% 13,808,000.00 57,464.29 M-3 02660TBH5 MEZ 5.59000% 8,285,500.00 42,456.28 N 02660TBJ1 MEZ 5.50000% 1,068,585.21 4,897.68 OT AHM0402OT OT 0.00000% 0.00 0.00 OC OC 0.00000% 5,523,437.16 0.00 Totals 1,055,478,869.83 3,629,723.27
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses I-A 20,780,480.40 0.00 203,541,426.72 21,487,842.15 0.00 II-A 4,668,500.44 0.00 149,143,179.49 5,151,725.47 0.00 III-A 3,680,254.12 0.00 92,692,939.76 4,028,803.84 0.00 IV-A-1 11,830,594.76 0.00 50,109,134.37 11,956,538.88 0.00 IV-A-2 0.00 0.00 52,675,000.00 159,561.35 0.00 IV-A-3 0.00 0.00 97,028,000.00 367,897.83 0.00 IV-A-4 0.00 0.00 54,126,000.00 205,227.75 0.00 IV-A-5 0.00 0.00 61,208,000.00 232,080.33 0.00 IV-A-6 0.00 0.00 105,751,000.00 400,972.54 0.00 V-A 2,341,612.94 0.00 72,337,224.46 2,683,890.94 0.00 M-1 0.00 0.00 44,880,000.00 151,806.60 0.00 M-2 0.00 0.00 13,808,000.00 57,464.29 0.00 M-3 0.00 0.00 8,285,500.00 42,456.28 0.00 N 664,937.70 0.00 403,647.52 669,835.38 0.00 OT 0.00 0.00 0.00 0.00 0.00 OC 0.00 0.00 5,523,437.16 0.00 0.00 Totals 43,966,380.36 0.00 1,011,512,489.48 47,596,103.63 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 391,853,000.00 224,321,907.12 0.00 20,780,480.40 0.00 0.00 II-A 179,968,000.00 153,811,679.93 0.00 4,668,500.44 0.00 0.00 III-A 135,297,000.00 96,373,193.88 0.00 3,680,254.12 0.00 0.00 IV-A-1 139,521,000.00 61,939,729.13 0.00 11,830,594.76 0.00 0.00 IV-A-2 52,675,000.00 52,675,000.00 0.00 0.00 0.00 0.00 IV-A-3 97,028,000.00 97,028,000.00 0.00 0.00 0.00 0.00 IV-A-4 54,126,000.00 54,126,000.00 0.00 0.00 0.00 0.00 IV-A-5 61,208,000.00 61,208,000.00 0.00 0.00 0.00 0.00 IV-A-6 105,751,000.00 105,751,000.00 0.00 0.00 0.00 0.00 V-A 90,935,000.00 74,678,837.40 0.00 2,341,612.94 0.00 0.00 M-1 44,880,000.00 44,880,000.00 0.00 0.00 0.00 0.00 M-2 13,808,000.00 13,808,000.00 0.00 0.00 0.00 0.00 M-3 8,285,500.00 8,285,500.00 0.00 0.00 0.00 0.00 N 14,000,000.00 1,068,585.21 0.00 664,937.70 0.00 0.00 OT 0.00 0.00 0.00 0.00 0.00 0.00 OC 5,523,789.25 5,523,437.16 0.00 0.00 0.00 0.00 Totals 1,394,859,289.25 1,055,478,869.83 0.00 43,966,380.36 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 20,780,480.40 203,541,426.72 0.51943312 20,780,480.40 II-A 4,668,500.44 149,143,179.49 0.82872055 4,668,500.44 III-A 3,680,254.12 92,692,939.76 0.68510713 3,680,254.12 IV-A-1 11,830,594.76 50,109,134.37 0.35915120 11,830,594.76 IV-A-2 0.00 52,675,000.00 1.00000000 0.00 IV-A-3 0.00 97,028,000.00 1.00000000 0.00 IV-A-4 0.00 54,126,000.00 1.00000000 0.00 IV-A-5 0.00 61,208,000.00 1.00000000 0.00 IV-A-6 0.00 105,751,000.00 1.00000000 0.00 V-A 2,341,612.94 72,337,224.46 0.79548276 2,341,612.94 M-1 0.00 44,880,000.00 1.00000000 0.00 M-2 0.00 13,808,000.00 1.00000000 0.00 M-3 0.00 8,285,500.00 1.00000000 0.00 N 664,937.70 403,647.52 0.02883197 664,937.70 OT 0.00 0.00 0.00000000 0.00 OC 0.00 5,523,437.16 0.99993626 0.00 Totals 43,966,380.36 1,011,512,489.48 0.72517171 43,966,380.36
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 391,853,000.00 572.46443723 0.00000000 53.03131634 0.00000000 II-A 179,968,000.00 854.66127273 0.00000000 25.94072524 0.00000000 III-A 135,297,000.00 712.30843167 0.00000000 27.20129877 0.00000000 IV-A-1 139,521,000.00 443.94556468 0.00000000 84.79436615 0.00000000 IV-A-2 52,675,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-3 97,028,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-4 54,126,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-5 61,208,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-6 105,751,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 V-A 90,935,000.00 821.23315995 0.00000000 25.75040348 0.00000000 M-1 44,880,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 13,808,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 8,285,500.00 1000.00000000 0.00000000 0.00000000 0.00000000 N 14,000,000.00 76.32751500 0.00000000 47.49555000 0.00000000 OT 0.00 0.00000000 0.00000000 0.00000000 0.00000000 OC 5,523,789.25 999.93625934 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 0.00000000 53.03131634 519.43312089 0.51943312 53.03131634 II-A 0.00000000 25.94072524 828.72054749 0.82872055 25.94072524 III-A 0.00000000 27.20129877 685.10713290 0.68510713 27.20129877 IV-A-1 0.00000000 84.79436615 359.15119853 0.35915120 84.79436615 IV-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 V-A 0.00000000 25.75040348 795.48275647 0.79548276 25.75040348 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 N 0.00000000 47.49555000 28.83196571 0.02883197 47.49555000 OT 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.00000000 999.93625934 0.99993626 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 391,853,000.00 3.44000% 224,321,907.12 707,361.75 0.00 0.00 II-A 179,968,000.00 3.77000% 153,811,679.93 483,225.03 0.00 0.00 III-A 135,297,000.00 4.34000% 96,373,193.88 348,549.72 0.00 0.00 IV-A-1 139,521,000.00 2.44000% 61,939,729.13 125,944.12 0.00 0.00 IV-A-2 52,675,000.00 3.63500% 52,675,000.00 159,561.35 0.00 0.00 IV-A-3 97,028,000.00 4.55000% 97,028,000.00 367,897.83 0.00 0.00 IV-A-4 54,126,000.00 4.55000% 54,126,000.00 205,227.75 0.00 0.00 IV-A-5 61,208,000.00 4.55000% 61,208,000.00 232,080.33 0.00 0.00 IV-A-6 105,751,000.00 4.55000% 105,751,000.00 400,972.54 0.00 0.00 V-A 90,935,000.00 5.50000% 74,678,837.40 342,278.00 0.00 0.00 M-1 44,880,000.00 3.69000% 44,880,000.00 151,806.60 0.00 0.00 M-2 13,808,000.00 4.54000% 13,808,000.00 57,464.29 0.00 0.00 M-3 8,285,500.00 5.59000% 8,285,500.00 42,456.28 0.00 0.00 N 14,000,000.00 5.50000% 1,068,585.21 4,897.68 0.00 0.00 OT 0.00 0.00000% 0.00 0.00 0.00 0.00 OC 5,523,789.25 0.00000% 5,523,437.16 0.00 0.00 0.00 Totals 1,394,859,289.25 3,629,723.27 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 0.00 0.00 707,361.75 0.00 203,541,426.72 II-A 0.00 0.00 483,225.03 0.00 149,143,179.49 III-A 0.00 0.00 348,549.72 0.00 92,692,939.76 IV-A-1 0.00 0.00 125,944.12 0.00 50,109,134.37 IV-A-2 0.00 0.00 159,561.35 0.00 52,675,000.00 IV-A-3 0.00 0.00 367,897.83 0.00 97,028,000.00 IV-A-4 0.00 0.00 205,227.75 0.00 54,126,000.00 IV-A-5 0.00 0.00 232,080.33 0.00 61,208,000.00 IV-A-6 0.00 0.00 400,972.54 0.00 105,751,000.00 V-A 0.00 0.00 342,278.00 0.00 72,337,224.46 M-1 0.00 0.00 151,806.60 0.00 44,880,000.00 M-2 0.00 0.00 57,464.29 0.00 13,808,000.00 M-3 0.00 0.00 42,456.28 0.00 8,285,500.00 N 0.00 0.00 4,897.68 0.00 403,647.52 OT 0.00 0.00 0.00 0.00 0.00 OC 0.00 0.00 0.00 0.00 5,523,437.16 Totals 0.00 0.00 3,629,723.27 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 391,853,000.00 3.44000% 572.46443723 1.80517120 0.00000000 0.00000000 II-A 179,968,000.00 3.77000% 854.66127273 2.68506084 0.00000000 0.00000000 III-A 135,297,000.00 4.34000% 712.30843167 2.57618218 0.00000000 0.00000000 IV-A-1 139,521,000.00 2.44000% 443.94556468 0.90268934 0.00000000 0.00000000 IV-A-2 52,675,000.00 3.63500% 1000.00000000 3.02916659 0.00000000 0.00000000 IV-A-3 97,028,000.00 4.55000% 1000.00000000 3.79166663 0.00000000 0.00000000 IV-A-4 54,126,000.00 4.55000% 1000.00000000 3.79166667 0.00000000 0.00000000 IV-A-5 61,208,000.00 4.55000% 1000.00000000 3.79166661 0.00000000 0.00000000 IV-A-6 105,751,000.00 4.55000% 1000.00000000 3.79166665 0.00000000 0.00000000 V-A 90,935,000.00 5.50000% 821.23315995 3.76398526 0.00000000 0.00000000 M-1 44,880,000.00 3.69000% 1000.00000000 3.38250000 0.00000000 0.00000000 M-2 13,808,000.00 4.54000% 1000.00000000 4.16166643 0.00000000 0.00000000 M-3 8,285,500.00 5.59000% 1000.00000000 5.12416631 0.00000000 0.00000000 N 14,000,000.00 5.50000% 76.32751500 0.34983429 0.00000000 0.00000000 OT 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 OC 5,523,789.25 0.00000% 999.93625934 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 0.00000000 0.00000000 1.80517120 0.00000000 519.43312089 II-A 0.00000000 0.00000000 2.68506084 0.00000000 828.72054749 III-A 0.00000000 0.00000000 2.57618218 0.00000000 685.10713290 IV-A-1 0.00000000 0.00000000 0.90268934 0.00000000 359.15119853 IV-A-2 0.00000000 0.00000000 3.02916659 0.00000000 1000.00000000 IV-A-3 0.00000000 0.00000000 3.79166663 0.00000000 1000.00000000 IV-A-4 0.00000000 0.00000000 3.79166667 0.00000000 1000.00000000 IV-A-5 0.00000000 0.00000000 3.79166661 0.00000000 1000.00000000 IV-A-6 0.00000000 0.00000000 3.79166665 0.00000000 1000.00000000 V-A 0.00000000 0.00000000 3.76398526 0.00000000 795.48275647 M-1 0.00000000 0.00000000 3.38250000 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 4.16166643 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 5.12416631 0.00000000 1000.00000000 N 0.00000000 0.00000000 0.34983429 0.00000000 28.83196571 OT 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.00000000 0.00000000 0.00000000 999.93625934 (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 47,863,452.19 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 80,040.12 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 47,943,492.31 Withdrawals Reimbursement for Servicer Advances 76,608.20 Payment of Service Fee 270,780.47 Payment of Interest and Principal 47,596,103.64 Total Withdrawals (Pool Distribution Amount) 47,943,492.31 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 270,780.47 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 270,780.47
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance N_CLASS_RESERVE_FUND 25,320.82 0.00 53.63 25,374.45 CLASS_A_RESERVE_FUND 2,876,790.00 0.00 287,679.00 3,164,469.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT 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 6 0 0 6 1,009,779.89 0.00 0.00 1,009,779.89 30 Days 17 0 0 0 17 3,351,063.37 0.00 0.00 0.00 3,351,063.37 60 Days 8 0 0 0 8 1,888,868.49 0.00 0.00 0.00 1,888,868.49 90 Days 2 0 8 0 10 384,996.54 0.00 1,542,432.54 0.00 1,927,429.08 120 Days 1 1 1 0 3 244,936.46 74,142.15 245,060.66 0.00 564,139.27 150 Days 1 1 4 0 6 77,600.00 117,281.21 1,162,687.88 0.00 1,357,569.09 180+ Days 2 0 12 0 14 521,267.21 0.00 3,840,797.32 0.00 4,362,064.53 Totals 31 8 25 0 64 6,468,732.07 1,201,203.25 6,790,978.40 0.00 14,460,913.72 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 0.155199% 0.000000% 0.000000% 0.155199% 0.099869% 0.000000% 0.000000% 0.099869% 30 Days 0.439731% 0.000000% 0.000000% 0.000000% 0.439731% 0.331425% 0.000000% 0.000000% 0.000000% 0.331425% 60 Days 0.206932% 0.000000% 0.000000% 0.000000% 0.206932% 0.186812% 0.000000% 0.000000% 0.000000% 0.186812% 90 Days 0.051733% 0.000000% 0.206932% 0.000000% 0.258665% 0.038077% 0.000000% 0.152549% 0.000000% 0.190625% 120 Days 0.025867% 0.025867% 0.025867% 0.000000% 0.077600% 0.024225% 0.007333% 0.024237% 0.000000% 0.055794% 150 Days 0.025867% 0.025867% 0.103466% 0.000000% 0.155199% 0.007675% 0.011599% 0.114991% 0.000000% 0.134265% 180+ Days 0.051733% 0.000000% 0.310398% 0.000000% 0.362131% 0.051554% 0.000000% 0.379860% 0.000000% 0.431414% Totals 0.801862% 0.206932% 0.646663% 0.000000% 1.655458% 0.639766% 0.118801% 0.671637% 0.000000% 1.430203%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I 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 1,373,184.06 0.00 0.00 0.00 1,373,184.06 60 Days 2 0 0 0 2 489,142.49 0.00 0.00 0.00 489,142.49 90 Days 0 0 3 0 3 0.00 0.00 336,051.60 0.00 336,051.60 120 Days 0 1 0 0 1 0.00 74,142.15 0.00 0.00 74,142.15 150 Days 1 0 2 0 3 77,600.00 0.00 452,004.01 0.00 529,604.01 180+ Days 1 0 5 0 6 211,200.00 0.00 1,651,516.15 0.00 1,862,716.15 Totals 10 1 10 0 21 2,151,126.55 74,142.15 2,439,571.76 0.00 4,664,840.46 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.684932% 0.000000% 0.000000% 0.000000% 0.684932% 0.609697% 0.000000% 0.000000% 0.000000% 0.609697% 60 Days 0.228311% 0.000000% 0.000000% 0.000000% 0.228311% 0.217181% 0.000000% 0.000000% 0.000000% 0.217181% 90 Days 0.000000% 0.000000% 0.342466% 0.000000% 0.342466% 0.000000% 0.000000% 0.149208% 0.000000% 0.149208% 120 Days 0.000000% 0.114155% 0.000000% 0.000000% 0.114155% 0.000000% 0.032919% 0.000000% 0.000000% 0.032919% 150 Days 0.114155% 0.000000% 0.228311% 0.000000% 0.342466% 0.034455% 0.000000% 0.200691% 0.000000% 0.235146% 180+ Days 0.114155% 0.000000% 0.570776% 0.000000% 0.684932% 0.093773% 0.000000% 0.733278% 0.000000% 0.827051% Totals 1.141553% 0.114155% 1.141553% 0.000000% 2.397260% 0.955106% 0.032919% 1.083177% 0.000000% 2.071202% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II 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 1 0 1 0.00 0.00 637,775.64 0.00 637,775.64 Totals 0 0 1 0 1 0.00 0.00 637,775.64 0.00 637,775.64 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% 0.207900% 0.000000% 0.207900% 0.000000% 0.000000% 0.400812% 0.000000% 0.400812% Totals 0.000000% 0.000000% 0.207900% 0.000000% 0.207900% 0.000000% 0.000000% 0.400812% 0.000000% 0.400812% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group III 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 3 438,251.34 0.00 0.00 0.00 438,251.34 60 Days 2 0 0 0 2 298,975.16 0.00 0.00 0.00 298,975.16 90 Days 1 0 1 0 2 104,573.58 0.00 144,043.01 0.00 248,616.59 120 Days 1 0 1 0 2 244,936.46 0.00 245,060.66 0.00 489,997.12 150 Days 0 0 1 0 1 0.00 0.00 495,890.33 0.00 495,890.33 180+ Days 1 0 2 0 3 310,067.21 0.00 985,304.44 0.00 1,295,371.65 Totals 8 0 5 0 13 1,396,803.75 0.00 1,870,298.44 0.00 3,267,102.19 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.635593% 0.000000% 0.000000% 0.000000% 0.635593% 0.437393% 0.000000% 0.000000% 0.000000% 0.437393% 60 Days 0.423729% 0.000000% 0.000000% 0.000000% 0.423729% 0.298390% 0.000000% 0.000000% 0.000000% 0.298390% 90 Days 0.211864% 0.000000% 0.211864% 0.000000% 0.423729% 0.104369% 0.000000% 0.143761% 0.000000% 0.248130% 120 Days 0.211864% 0.000000% 0.211864% 0.000000% 0.423729% 0.244457% 0.000000% 0.244581% 0.000000% 0.489038% 150 Days 0.000000% 0.000000% 0.211864% 0.000000% 0.211864% 0.000000% 0.000000% 0.494919% 0.000000% 0.494919% 180+ Days 0.211864% 0.000000% 0.423729% 0.000000% 0.635593% 0.309460% 0.000000% 0.983375% 0.000000% 1.292835% Totals 1.694915% 0.000000% 1.059322% 0.000000% 2.754237% 1.394068% 0.000000% 1.866636% 0.000000% 3.260704% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group IV 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 3 0 0 3 523,324.12 0.00 0.00 523,324.12 30 Days 5 0 0 0 5 1,231,776.71 0.00 0.00 0.00 1,231,776.71 60 Days 3 0 0 0 3 705,662.85 0.00 0.00 0.00 705,662.85 90 Days 1 0 3 0 4 280,422.96 0.00 841,388.25 0.00 1,121,811.21 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 1 1 0 2 0.00 117,281.21 214,793.54 0.00 332,074.75 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 9 4 4 0 17 2,217,862.52 640,605.33 1,056,181.79 0.00 3,914,649.64 0-29 Days 0.191816% 0.000000% 0.000000% 0.191816% 0.116505% 0.000000% 0.000000% 0.116505% 30 Days 0.319693% 0.000000% 0.000000% 0.000000% 0.319693% 0.274224% 0.000000% 0.000000% 0.000000% 0.274224% 60 Days 0.191816% 0.000000% 0.000000% 0.000000% 0.191816% 0.157098% 0.000000% 0.000000% 0.000000% 0.157098% 90 Days 0.063939% 0.000000% 0.191816% 0.000000% 0.255754% 0.062429% 0.000000% 0.187314% 0.000000% 0.249743% 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% 0.063939% 0.063939% 0.000000% 0.127877% 0.000000% 0.026110% 0.047818% 0.000000% 0.073928% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.575448% 0.255754% 0.255754% 0.000000% 1.086957% 0.493751% 0.142615% 0.235132% 0.000000% 0.871497% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group V 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 3 0 0 3 486,455.77 0.00 0.00 486,455.77 30 Days 3 0 0 0 3 307,851.26 0.00 0.00 0.00 307,851.26 60 Days 1 0 0 0 1 395,087.99 0.00 0.00 0.00 395,087.99 90 Days 0 0 1 0 1 0.00 0.00 220,949.68 0.00 220,949.68 120 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 4 0 4 0.00 0.00 566,201.09 0.00 566,201.09 Totals 4 3 5 0 12 702,939.25 486,455.77 787,150.77 0.00 1,976,545.79 0-29 Days 0.634249% 0.000000% 0.000000% 0.634249% 0.628649% 0.000000% 0.000000% 0.628649% 30 Days 0.634249% 0.000000% 0.000000% 0.000000% 0.634249% 0.397838% 0.000000% 0.000000% 0.000000% 0.397838% 60 Days 0.211416% 0.000000% 0.000000% 0.000000% 0.211416% 0.510574% 0.000000% 0.000000% 0.000000% 0.510574% 90 Days 0.000000% 0.000000% 0.211416% 0.000000% 0.211416% 0.000000% 0.000000% 0.285534% 0.000000% 0.285534% 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% 0.845666% 0.000000% 0.845666% 0.000000% 0.000000% 0.731704% 0.000000% 0.731704% Totals 0.845666% 0.634249% 1.057082% 0.000000% 2.536998% 0.908412% 0.628649% 1.017239% 0.000000% 2.554300%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 80,040.12
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.195823% Weighted Average Net Coupon 4.887654% Weighted Average Pass-Through Rate 4.887654% Weighted Average Maturity(Stepdown Calculation) 346 Beginning Scheduled Collateral Loan Count 4,011 Number Of Loans Paid In Full 145 Ending Scheduled Collateral Loan Count 3,866 Beginning Scheduled Collateral Balance 1,054,410,284.62 Ending Scheduled Collateral Balance 1,011,108,841.96 Ending Actual Collateral Balance at 31-May-2005 1,011,108,841.96 Monthly P&I Constant 5,128,392.83 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 55,907.07 Scheduled Principal 562,951.46 Unscheduled Principal 42,738,491.20 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 5,523,437.16 Overcollateralized Amount 5,523,437.16 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 684,446.35
Group Level Collateral Statement Group Group I Group II Group III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.301032 4.296069 5.700897 Weighted Average Net Rate 4.972460 4.003171 5.358965 Weighted Average Maturity 347 346 348 Beginning Loan Count 938 493 491 Loans Paid In Full 62 12 19 Ending Loan Count 876 481 472 Beginning Scheduled Balance 246,004,313.43 163,789,556.61 103,876,466.84 Ending Scheduled Balance 225,223,833.03 159,121,056.17 100,196,212.72 Record Date 05/31/2005 05/31/2005 05/31/2005 Principal And Interest Constant 1,181,285.46 642,788.21 582,560.52 Scheduled Principal 94,554.76 56,412.24 89,069.69 Unscheduled Principal 20,685,925.64 4,612,088.20 3,591,184.43 Scheduled Interest 1,086,730.70 586,375.97 493,490.83 Servicing Fees 67,358.52 39,978.00 29,598.84 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 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 1,019,372.18 546,397.97 463,891.99 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 55,907.07 0.00 0.00 Percentage of Cumulative Losses 0.0135 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.972460 4.003171 5.358965
Group Level Collateral Statement Group Group IV Group V Total Collateral Description Mixed ARM Mixed Fixed Mixed ARM Weighted Average Coupon Rate 5.081468 6.722907 5.195823 Weighted Average Net Rate 4.776309 6.472907 4.887654 Weighted Average Maturity 347 328 346 Beginning Loan Count 1,603 486 4,011 Loans Paid In Full 39 13 145 Ending Loan Count 1,564 473 3,866 Beginning Scheduled Balance 461,017,220.74 79,722,727.00 1,054,410,284.62 Ending scheduled Balance 449,186,625.98 77,381,114.06 1,011,108,841.96 Record Date 05/31/2005 05/31/2005 05/31/2005 Principal And Interest Constant 2,182,413.54 539,345.10 5,128,392.83 Scheduled Principal 230,210.09 92,704.68 562,951.46 Unscheduled Principal 11,600,384.67 2,248,908.26 42,738,491.20 Scheduled Interest 1,952,203.45 446,640.42 4,565,441.37 Servicing Fees 117,236.21 16,608.90 270,780.47 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 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 1,834,967.24 430,031.52 4,294,660.90 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 55,907.07 Percentage of Cumulative Losses 0.0000 0.0000 0.0040 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.776309 6.472907 4.887654
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