-----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, QSTyjNA/BEPbOLyg1hIO9WvKzmuY1ou80OHNP7LuHniS26Q0mNaVWl9hgEEELqE/ Rfhw38VhmX0HY84oA2LWTg== 0001056404-04-002825.txt : 20040903 0001056404-04-002825.hdr.sgml : 20040903 20040903083614 ACCESSION NUMBER: 0001056404-04-002825 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: MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES 2004-HE1 CENTRAL INDEX KEY: 0001298150 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: 333-112231-14 FILM NUMBER: 041015205 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 mlm04he1_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 MERRILL LYNCH MORTGAGE INVESTORS TRUST Mortgage Loan Asset-Backed Certificates, Series 2004-HE1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112231-14 54-2157853 Pooling and Servicing Agreement) (Commission 54-2157854 (State or other File Number) 54-2157855 jurisdiction IRS EIN of Incorporation) 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 August 25, 2004 a distribution was made to holders of MERRILL LYNCH MORTGAGE INVESTORS TRUST, Mortgage Loan Asset-Backed Certificates, Series 2004-HE1 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-HE1 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. MERRILL LYNCH MORTGAGE INVESTORS TRUST Mortgage Loan Asset-Backed Certificates, Series 2004-HE1 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 Loan Asset-Backed Certificates, Series 2004-HE1 Trust, relating to the August 25, 2004 distribution. EX-99.1
Merrill Lynch Mortgage Investors Trust Mortgage Loan Asset-Backed Certificates Record Date: 7/31/04 Distribution Date: 8/25/04 MLM Series: 2004-HE1 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 MLM04HE1R RES 1.81625% 100.00 0.17 100.00 A1 59020UFF7 SEN 1.81625% 155,745,000.00 267,156.75 2,222,871.72 A2 59020UFG5 SEN 1.81625% 100,902,000.00 173,081.97 1,011,643.17 S 59020UFH3 SUB 0.57375% 0.00 162,663.34 0.00 M1 59020UFJ9 SUB 2.12625% 22,151,000.00 44,481.98 0.00 M2 59020UFK6 SUB 2.92625% 10,694,000.00 29,554.80 0.00 B1 59020UFL4 SUB 3.80125% 3,819,000.00 13,710.48 0.00 B2 59020UFM2 SUB 4.42625% 4,583,000.00 19,158.53 0.00 B3 59020UFN0 SUB 5.17625% 2,292,000.00 11,204.86 0.00 C MLM04HE1C SUB 0.00000% 5,346,592.44 903,427.91 0.00 P MLM04HE1P SUB 0.00000% 0.00 59,347.89 0.00 Totals 305,532,692.44 1,683,788.68 3,234,614.89
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses R 0.00 0.00 100.17 0.00 A1 0.00 153,522,128.28 2,490,028.47 0.00 A2 0.00 99,890,356.83 1,184,725.14 0.00 S 0.00 0.00 162,663.34 0.00 M1 0.00 22,151,000.00 44,481.98 0.00 M2 0.00 10,694,000.00 29,554.80 0.00 B1 0.00 3,819,000.00 13,710.48 0.00 B2 0.00 4,583,000.00 19,158.53 0.00 B3 0.00 2,292,000.00 11,204.86 0.00 C 0.00 5,346,822.00 903,427.91 0.00 P 0.00 0.00 59,347.89 0.00 Totals 0.00 302,298,307.11 4,918,403.57 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 100.00 100.00 0.00 100.00 0.00 0.00 100.00 100.00 0.00 100.00 0.00 0.00 A1 155,745,000.00 155,745,000.00 0.00 2,222,871.72 0.00 0.00 A2 100,902,000.00 100,902,000.00 0.00 1,011,643.17 0.00 0.00 S 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 M1 22,151,000.00 22,151,000.00 0.00 0.00 0.00 0.00 M2 10,694,000.00 10,694,000.00 0.00 0.00 0.00 0.00 B1 3,819,000.00 3,819,000.00 0.00 0.00 0.00 0.00 B2 4,583,000.00 4,583,000.00 0.00 0.00 0.00 0.00 B3 2,292,000.00 2,292,000.00 0.00 0.00 0.00 0.00 C 5,346,592.44 5,346,592.44 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 Totals 305,532,792.44 305,532,792.44 0.00 3,234,714.89 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 100.00 0.00 0.00000000 100.00 R 100.00 0.00 0.00000000 100.00 A1 2,222,871.72 153,522,128.28 0.98572749 2,222,871.72 A2 1,011,643.17 99,890,356.83 0.98997400 1,011,643.17 S 0.00 0.00 0.00000000 0.00 S 0.00 0.00 0.00000000 0.00 M1 0.00 22,151,000.00 1.00000000 0.00 M2 0.00 10,694,000.00 1.00000000 0.00 B1 0.00 3,819,000.00 1.00000000 0.00 B2 0.00 4,583,000.00 1.00000000 0.00 B3 0.00 2,292,000.00 1.00000000 0.00 C 0.00 5,346,822.00 1.00004294 0.00 P 0.00 0.00 0.00000000 0.00 Totals 3,234,714.89 302,298,307.11 0.98941362 3,234,714.89
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion R 100.00 1000.00000000 0.00000000 1000.00000000 0.00000000 A1 155,745,000.00 1000.00000000 0.00000000 14.27250775 0.00000000 A2 100,902,000.00 1000.00000000 0.00000000 10.02599721 0.00000000 S 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 22,151,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 10,694,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 3,819,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 4,583,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B3 2,292,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 5,346,592.44 1000.00000000 0.00000000 0.00000000 0.00000000 P 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 1,000.00000000 0.00000000 0.00000000 1,000.00000000 A1 0.00000000 14.27250775 985.72749225 0.98572749 14.27250775 A2 0.00000000 10.02599721 989.97400279 0.98997400 10.02599721 S 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.04293576 1.00004294 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 100.00 1.81625% 100.00 0.17 0.00 0.00 A1 155,745,000.00 1.81625% 155,745,000.00 267,156.75 0.00 0.00 A2 100,902,000.00 1.81625% 100,902,000.00 173,081.97 0.00 0.00 S 0.00 0.57375% 300,186,100.00 162,663.34 0.00 0.00 M1 22,151,000.00 2.12625% 22,151,000.00 44,481.98 0.00 0.00 M2 10,694,000.00 2.92625% 10,694,000.00 29,554.80 0.00 0.00 B1 3,819,000.00 3.80125% 3,819,000.00 13,710.48 0.00 0.00 B2 4,583,000.00 4.42625% 4,583,000.00 19,158.53 0.00 0.00 B3 2,292,000.00 5.17625% 2,292,000.00 11,204.86 0.00 0.00 C 5,346,592.44 0.00000% 5,346,592.44 0.00 0.00 0.00 P 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 305,532,692.44 721,012.88 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 0.17 0.00 0.00 A1 0.00 0.00 267,156.75 0.00 153,522,128.28 A2 0.00 0.00 173,081.97 0.00 99,890,356.83 S 0.00 0.00 162,663.34 0.00 296,951,485.11 M1 0.00 0.00 44,481.98 0.00 22,151,000.00 M2 0.00 0.00 29,554.80 0.00 10,694,000.00 B1 0.00 0.00 13,710.48 0.00 3,819,000.00 B2 0.00 0.00 19,158.53 0.00 4,583,000.00 B3 0.00 0.00 11,204.86 0.00 2,292,000.00 C 0.00 0.00 903,427.91 0.00 5,346,822.00 P 0.00 0.00 59,347.89 0.00 0.00 Totals 0.00 0.00 1,683,788.68 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 1.81625% 1000.00000000 1.70000000 0.00000000 0.00000000 A1 155,745,000.00 1.81625% 1000.00000000 1.71534720 0.00000000 0.00000000 A2 100,902,000.00 1.81625% 1000.00000000 1.71534727 0.00000000 0.00000000 S 0.00 0.57375% 1000.00000000 0.54187499 0.00000000 0.00000000 M1 22,151,000.00 2.12625% 1000.00000000 2.00812514 0.00000000 0.00000000 M2 10,694,000.00 2.92625% 1000.00000000 2.76368057 0.00000000 0.00000000 B1 3,819,000.00 3.80125% 1000.00000000 3.59007070 0.00000000 0.00000000 B2 4,583,000.00 4.42625% 1000.00000000 4.18034693 0.00000000 0.00000000 B3 2,292,000.00 5.17625% 1000.00000000 4.88868237 0.00000000 0.00000000 C 5,346,592.44 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 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 R 0.00000000 0.00000000 1.70000000 0.00000000 0.00000000 A1 0.00000000 0.00000000 1.71534720 0.00000000 985.72749225 A2 0.00000000 0.00000000 1.71534727 0.00000000 989.97400279 S 0.00000000 0.00000000 0.54187499 0.00000000 989.22463468 M1 0.00000000 0.00000000 2.00812514 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.76368057 0.00000000 1000.00000000 B1 0.00000000 0.00000000 3.59007070 0.00000000 1000.00000000 B2 0.00000000 0.00000000 4.18034693 0.00000000 1000.00000000 B3 0.00000000 0.00000000 4.88868237 0.00000000 1000.00000000 C 0.00000000 0.00000000 168.97265317 0.00000000 1000.04293576 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 4,946,474.95 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 39,886.02 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 59,347.89 Total Deposits 5,045,708.86 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 127,305.29 Payment of Interest and Principal 4,918,403.57 Total Withdrawals (Pool Distribution Amount) 5,045,708.86 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 127,305.29 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 127,305.29
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 36 0 0 0 36 4,758,421.10 0.00 0.00 0.00 4,758,421.10 60 Days 4 0 0 0 4 438,551.00 0.00 0.00 0.00 438,551.00 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 40 0 0 0 40 5,196,972.10 0.00 0.00 0.00 5,196,972.10 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 1.897733% 0.000000% 0.000000% 0.000000% 1.897733% 1.573381% 0.000000% 0.000000% 0.000000% 1.573381% 60 Days 0.210859% 0.000000% 0.000000% 0.000000% 0.210859% 0.145008% 0.000000% 0.000000% 0.000000% 0.145008% 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 2.108593% 0.000000% 0.000000% 0.000000% 2.108593% 1.718389% 0.000000% 0.000000% 0.000000% 1.718389%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 39,886.02
COLLATERAL STATEMENT Collateral Description Fixed Mixed & ARM & Balloon Weighted Average Gross Coupon 6.881000% Weighted Average Net Coupon 6.381000% Weighted Average Pass-Through Rate 6.381000% Weighted Average Maturity(Stepdown Calculation ) 340 Beginning Scheduled Collateral Loan Count 1,915 Number Of Loans Paid In Full 18 Ending Scheduled Collateral Loan Count 1,897 Beginning Scheduled Collateral Balance 305,532,692.44 Ending Scheduled Collateral Balance 302,298,307.11 Ending Actual Collateral Balance at 31-Jul-2004 302,432,816.85 Monthly P &I Constant 1,935,690.76 Special Servicing Fee 0.00 Prepayment Penalties 59,347.89 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 183,715.32 Unscheduled Principal 3,050,670.01 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 5,346,822.12 Overcollateralized Amount 5,346,822.00 Overcollateralized Deficiency Amount 0.12 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 229.56 Excess Cash Amount 903,657.47
Miscellaneous Reporting Did a Trigger Event occur? NO Cap payment 0.00 Number of loans with PPP 16 Cumulative PPP 59,347.89
Group Level Collateral Statement Group Group A Group A Group B Collateral Description Mixed Fixed Mixed Fixed Mixed ARM Weighted Average Coupon Rate 8.169006 6.562286 8.692845 Weighted Average Net Rate 7.669006 6.062286 8.192845 Weighted Average Maturity 344 344 333 Beginning Loan Count 405 902 277 Loans Paid In Full 3 11 1 Ending Loan Count 402 891 276 Beginning Scheduled Balance 31,826,038.54 153,584,630.06 28,236,586.75 Ending scheduled Balance 31,694,170.95 151,493,683.69 28,139,638.80 Record Date 07/31/2004 07/31/2004 07/31/2004 Principal And Interest Constant 237,138.07 937,838.76 220,693.97 Scheduled Principal 20,482.16 97,950.22 16,147.07 Unscheduled Principal 111,385.43 1,992,996.15 80,800.88 Scheduled Interest 216,655.91 839,888.54 204,546.90 Servicing Fees 13,260.85 63,993.60 11,765.24 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 203,395.06 775,894.94 192,781.66 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 7.669006 6.062286 8.192845
Group Level Collateral Statement Group Group B Total Collateral Description Mixed ARM Mixed & ARM & Balloon Weighted Average Coupon Rate 6.410819 6.881000 Weighted Average Net Rate 5.910819 6.381000 Weighted Average Maturity 333 340 Beginning Loan Count 331 1,915 Loans Paid In Full 3 18 Ending Loan Count 328 1,897 Beginning Scheduled Balance 91,885,437.09 305,532,692.44 Ending scheduled Balance 90,970,813.67 302,298,307.11 Record Date 07/31/2004 07/31/2004 Principal And Interest Constant 540,019.96 1,935,690.76 Scheduled Principal 49,135.87 183,715.32 Unscheduled Principal 865,487.55 3,050,670.01 Scheduled Interest 490,884.09 1,751,975.44 Servicing Fees 38,285.60 127,305.29 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 452,598.49 1,624,670.15 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 5.910819 6.381000
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