-----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, BabAOawqZGmdReds5jw18WkFcT6AdwY3s7sedFkEzegZ4/WEZwjVoK0Y4Uf03iku NyyL/StcshZ3ckwdSL9PrQ== 0001056404-04-002835.txt : 20040903 0001056404-04-002835.hdr.sgml : 20040903 20040903085747 ACCESSION NUMBER: 0001056404-04-002835 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 DATE AS OF CHANGE: 20040903 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Securitized Asset Backed Receivables LLC Trust 2004-DO1 CENTRAL INDEX KEY: 0001297330 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-108395-04 FILM NUMBER: 041015224 BUSINESS ADDRESS: STREET 1: 200 PARK AVE. CITY: NEW YORK STATE: NY ZIP: 10166 8-K 1 sab04do1_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 SECURITIZED ASSET BACKED RECEVABLES TRUST Mortgage Pass-Through Certificates, Series 2004-DO1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-108395-04 Pending Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) 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 SECURITIZED ASSET BACKED RECEVABLES TRUST, Mortgage Pass-Through Certificates, Series 2004-DO1 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-DO1 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. SECURITIZED ASSET BACKED RECEVABLES TRUST Mortgage Pass-Through Certificates, Series 2004-DO1 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: 8/27/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-DO1 Trust, relating to the August 25, 2004 distribution. EX-99.1
Securitized Asset Backed Receivables Mortgage Pass-Through Certificates Record Date: 7/31/04 Distribution Date: 8/25/04 SABR Series: 2004-DO1 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 SAB04D01R RES 0.00000% 0.00 0.00 0.00 A-1 81375WAZ9 SEN 1.70000% 270,799,000.00 447,570.57 5,027,217.77 A-2 81375WAS5 SEN 1.79000% 49,122,000.00 85,485.92 1,507,635.32 M-1 81375WAT3 MEZ 2.07000% 22,947,000.00 46,180.84 0.00 M-2 81375WAU0 MEZ 2.72000% 17,210,000.00 45,510.89 0.00 M-3 81375WAV8 MEZ 2.92000% 4,781,000.00 13,572.73 0.00 B-1 81375WAW6 SUB 3.42000% 3,825,000.00 12,718.13 0.00 B-2 81375WAX4 SUB 3.62000% 3,824,000.00 13,458.36 0.00 B-3 81375WAY2 SUB 5.17000% 3,825,000.00 19,225.94 0.00 X SAB04D01X SEN 0.00000% 6,119,693.41 1,371,534.77 0.00 P SAB04D01P SEN 0.00000% 0.00 109,917.31 0.00 Totals 382,452,693.41 2,165,175.46 6,534,853.09
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-1 0.00 265,771,782.23 5,474,788.34 0.00 A-2 0.00 47,614,364.68 1,593,121.24 0.00 M-1 0.00 22,947,000.00 46,180.84 0.00 M-2 0.00 17,210,000.00 45,510.89 0.00 M-3 0.00 4,781,000.00 13,572.73 0.00 B-1 0.00 3,825,000.00 12,718.13 0.00 B-2 0.00 3,824,000.00 13,458.36 0.00 B-3 0.00 3,825,000.00 19,225.94 0.00 X 0.00 6,119,241.62 1,371,534.77 0.00 P 0.00 0.00 109,917.31 0.00 Totals 0.00 375,917,388.53 8,700,028.55 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-1 270,799,000.00 270,799,000.00 0.00 5,027,217.77 0.00 0.00 A-2 49,122,000.00 49,122,000.00 0.00 1,507,635.32 0.00 0.00 M-1 22,947,000.00 22,947,000.00 0.00 0.00 0.00 0.00 M-2 17,210,000.00 17,210,000.00 0.00 0.00 0.00 0.00 M-3 4,781,000.00 4,781,000.00 0.00 0.00 0.00 0.00 B-1 3,825,000.00 3,825,000.00 0.00 0.00 0.00 0.00 B-2 3,824,000.00 3,824,000.00 0.00 0.00 0.00 0.00 B-3 3,825,000.00 3,825,000.00 0.00 0.00 0.00 0.00 X 6,119,693.41 6,119,693.41 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 Totals 382,452,693.41 382,452,693.41 0.00 6,534,853.09 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-1 5,027,217.77 265,771,782.23 0.98143561 5,027,217.77 A-2 1,507,635.32 47,614,364.68 0.96930835 1,507,635.32 M-1 0.00 22,947,000.00 1.00000000 0.00 M-2 0.00 17,210,000.00 1.00000000 0.00 M-3 0.00 4,781,000.00 1.00000000 0.00 B-1 0.00 3,825,000.00 1.00000000 0.00 B-2 0.00 3,824,000.00 1.00000000 0.00 B-3 0.00 3,825,000.00 1.00000000 0.00 X 0.00 6,119,241.62 0.99992617 0.00 P 0.00 0.00 0.00000000 0.00 Totals 6,534,853.09 375,917,388.53 0.98291212 6,534,853.09
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-1 270,799,000.00 1000.00000000 0.00000000 18.56438824 0.00000000 A-2 49,122,000.00 1000.00000000 0.00000000 30.69165181 0.00000000 M-1 22,947,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 17,210,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 4,781,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 3,825,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 3,824,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 3,825,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 6,119,693.41 1000.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.
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-1 0.00000000 18.56438824 981.43561176 0.98143561 18.56438824 A-2 0.00000000 30.69165181 969.30834819 0.96930835 30.69165181 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 X 0.00000000 0.00000000 999.92617441 0.99992617 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-1 270,799,000.00 1.70000% 270,799,000.00 447,570.57 0.00 0.00 A-2 49,122,000.00 1.79000% 49,122,000.00 85,485.93 0.00 0.00 M-1 22,947,000.00 2.07000% 22,947,000.00 46,180.84 0.00 0.00 M-2 17,210,000.00 2.72000% 17,210,000.00 45,510.89 0.00 0.00 M-3 4,781,000.00 2.92000% 4,781,000.00 13,572.73 0.00 0.00 B-1 3,825,000.00 3.42000% 3,825,000.00 12,718.13 0.00 0.00 B-2 3,824,000.00 3.62000% 3,824,000.00 13,458.36 0.00 0.00 B-3 3,825,000.00 5.17000% 3,825,000.00 19,225.94 0.00 0.00 X 6,119,693.41 0.00000% 6,119,693.41 0.00 0.00 0.00 P 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 382,452,693.41 683,723.39 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-1 0.00 0.00 447,570.57 0.00 265,771,782.23 A-2 0.00 0.00 85,485.92 0.00 47,614,364.68 M-1 0.00 0.00 46,180.84 0.00 22,947,000.00 M-2 0.00 0.00 45,510.89 0.00 17,210,000.00 M-3 0.00 0.00 13,572.73 0.00 4,781,000.00 B-1 0.00 0.00 12,718.13 0.00 3,825,000.00 B-2 0.00 0.00 13,458.36 0.00 3,824,000.00 B-3 0.00 0.00 19,225.94 0.00 3,825,000.00 X 0.00 0.00 1,371,534.77 0.00 6,119,241.62 P 0.00 0.00 109,917.31 0.00 0.00 Totals 0.00 0.00 2,165,175.46 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-1 270,799,000.00 1.70000% 1000.00000000 1.65277778 0.00000000 0.00000000 A-2 49,122,000.00 1.79000% 1000.00000000 1.74027788 0.00000000 0.00000000 M-1 22,947,000.00 2.07000% 1000.00000000 2.01250011 0.00000000 0.00000000 M-2 17,210,000.00 2.72000% 1000.00000000 2.64444451 0.00000000 0.00000000 M-3 4,781,000.00 2.92000% 1000.00000000 2.83888935 0.00000000 0.00000000 B-1 3,825,000.00 3.42000% 1000.00000000 3.32500131 0.00000000 0.00000000 B-2 3,824,000.00 3.62000% 1000.00000000 3.51944561 0.00000000 0.00000000 B-3 3,825,000.00 5.17000% 1000.00000000 5.02638954 0.00000000 0.00000000 X 6,119,693.41 0.00000% 1000.00000000 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-1 0.00000000 0.00000000 1.65277778 0.00000000 981.43561176 A-2 0.00000000 0.00000000 1.74027768 0.00000000 969.30834819 M-1 0.00000000 0.00000000 2.01250011 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.64444451 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 2.83888935 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 3.32500131 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 3.51944561 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 5.02638954 0.00000000 1000.00000000 X 0.00000000 0.00000000 224.11821608 0.00000000 999.92617441 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 8,741,459.99 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 9,918.82 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 109,917.31 Total Deposits 8,861,296.12 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 161,267.57 Payment of Interest and Principal 8,700,028.55 Total Withdrawals (Pool Distribution Amount) 8,861,296.12 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 159,355.30 Wells Fargo Bank, NA 1,912.27 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 161,267.57
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance 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 7 0 0 0 7 996,113.76 0.00 0.00 0.00 996,113.76 60 Days 3 0 0 0 3 454,214.71 0.00 0.00 0.00 454,214.71 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 10 0 0 0 10 1,450,328.47 0.00 0.00 0.00 1,450,328.47 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.279441% 0.000000% 0.000000% 0.000000% 0.279441% 0.264982% 0.000000% 0.000000% 0.000000% 0.264982% 60 Days 0.119760% 0.000000% 0.000000% 0.000000% 0.119760% 0.120828% 0.000000% 0.000000% 0.000000% 0.120828% 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 0.399202% 0.000000% 0.000000% 0.000000% 0.399202% 0.385810% 0.000000% 0.000000% 0.000000% 0.385810%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 9,918.82
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 6.953248% Weighted Average Net Coupon 6.453248% Weighted Average Pass-Through Rate 6.447248% Weighted Average Maturity(Stepdown Calculation ) 353 Beginning Scheduled Collateral Loan Count 2,539 Number Of Loans Paid In Full 34 Ending Scheduled Collateral Loan Count 2,505 Beginning Scheduled Collateral Balance 382,452,693.42 Ending Scheduled Collateral Balance 375,917,388.53 Ending Actual Collateral Balance at 31-Jul-2004 375,917,388.53 Monthly P &I Constant 2,556,490.42 Special Servicing Fee 0.00 Prepayment Penalties 109,917.31 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 340,416.76 Unscheduled Principal 6,194,888.12 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 451.79 Specified O/C Amount 6,119,241.62 Overcollateralized Amount 6,119,693.41 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 1,912,263.01 Extra principal distribution Amount 0.00 Excess Cash Amount 1,371,082.98
Miscellaneous Reporting CAP Payment A-2 0.00 CAP Payment B 0.00 Cap Payment M 0.00
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