-----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, Mnpzjs1BLuyFJaE7J6es43XATAZl+Joa/ajfn/ayPx4Yspnc8BtpVvMlhcuKx6uK TXerEcvFKRGjSYi3knV3nw== 0001056404-04-004331.txt : 20041206 0001056404-04-004331.hdr.sgml : 20041206 20041206072800 ACCESSION NUMBER: 0001056404-04-004331 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041126 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHARLIE MAC TRUST 2004-1, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2004-1 CENTRAL INDEX KEY: 0001298462 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: 333-115122-07 FILM NUMBER: 041185271 BUSINESS ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10179 BUSINESS PHONE: 212272-2000 MAIL ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10179 8-K 1 cht04001_nov.txt NOVEMBER 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): November 26, 2004 CHARLIE MAC MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2004-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-115122-07 54-2157808 Pooling and Servicing Agreement) (Commission 54-2157809 (State or other File Number) 54-2157810 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 November 26, 2004 a distribution was made to holders of CHARLIE MAC MORTGAGE TRUST, Mortgage Pass-Through Certificates, Series 2004-1 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 2004-1 Trust, relating to the November 26, 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. CHARLIE MAC MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2004-1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 12/2/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-1 Trust, relating to the November 26, 2004 distribution. EX-99.1
Charlie Mac Mortgage Trust Mortgage Pass-Through Certificates Record Date: 10/31/2004 Distribution Date: 11/26/2004 CHT Series: 2004-1 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 A-1 160762AA8 SEN 5.25000% 55,072,743.60 240,943.25 346,319.71 A-2 160762AB6 SEN 5.25000% 3,965,334.49 17,348.34 24,935.63 A-3 160762AC4 SEN 5.25000% 10,638,400.10 46,543.00 (46,543.00) A-4 160762AD2 SEN 5.25000% 7,800,000.00 34,125.00 0.00 A-5 160762AE0 SEN 5.50000% 49,115,258.06 225,111.60 1,524,402.82 A-6 160762AF7 SEN 5.50000% 9,631,209.24 44,143.04 (44,143.04) A-7 160762AG5 SEN 5.50000% 7,115,000.00 32,610.42 0.00 A-8 160762AH3 SEN 2.48250% 7,014,808.42 14,511.88 344,120.11 A-9 160762AJ9 SEN 5.51750% 0.00 32,253.50 0.00 PO 160762AK6 PO 0.00000% 3,724,108.32 0.00 7,620.07 R-I 160762AL4 RES 5.25000% 0.00 0.00 0.00 R-II 160762AM2 RES 5.25000% 0.00 0.00 0.00 R-III 160762AN0 RES 5.25000% 0.00 0.00 0.00 B-1 160762AP5 SUB 5.49569% 2,443,737.63 11,191.69 3,456.79 B-2 160762AQ3 SUB 5.49569% 976,897.56 4,473.94 1,381.87 B-3 160762AR1 SUB 5.49569% 326,628.34 1,495.87 462.03 B-4 160762AS9 SUB 5.49569% 406,293.79 1,860.72 574.72 B-5 160762AT7 SUB 5.49569% 244,971.25 1,121.91 346.52 B-6 160762AU4 SUB 5.49569% 163,184.10 747.34 116.03 Totals 158,638,574.90 708,481.50 2,163,050.26
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 54,726,423.90 587,262.96 0.00 A-2 0.00 3,940,398.86 42,283.97 0.00 A-3 0.00 10,684,943.10 0.00 0.00 A-4 0.00 7,800,000.00 34,125.00 0.00 A-5 0.00 47,590,855.23 1,749,514.42 0.00 A-6 0.00 9,675,352.28 0.00 0.00 A-7 0.00 7,115,000.00 32,610.42 0.00 A-8 0.00 6,670,688.31 358,631.99 0.00 A-9 0.00 0.00 32,253.50 0.00 PO 0.00 3,716,488.25 7,620.07 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 B-1 0.00 2,440,280.84 14,648.48 0.00 B-2 0.00 975,515.69 5,855.81 0.00 B-3 0.00 326,166.31 1,957.90 0.00 B-4 0.00 405,719.06 2,435.44 0.00 B-5 0.00 244,624.73 1,468.43 0.00 B-6 0.00 163,068.07 863.37 0.00 Totals 0.00 156,475,524.63 2,871,531.76 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) A-1 56,238,000.00 55,072,743.60 135,050.89 211,268.82 0.00 0.00 A-2 4,049,235.00 3,965,334.49 9,723.90 15,211.73 0.00 0.00 A-3 10,500,000.00 10,638,400.10 0.00 0.00 (46,543.00) 0.00 A-4 7,800,000.00 7,800,000.00 0.00 0.00 0.00 0.00 A-5 52,428,403.00 49,115,258.06 81,417.93 1,442,984.89 0.00 0.00 A-6 9,500,000.00 9,631,209.24 0.00 0.00 (44,143.04) 0.00 A-7 7,115,000.00 7,115,000.00 0.00 0.00 0.00 0.00 A-8 7,578,189.41 7,014,808.42 7,639.87 336,480.24 0.00 0.00 A-9 0.00 0.00 0.00 0.00 0.00 0.00 PO 3,779,022.43 3,724,108.32 7,472.35 147.72 0.00 0.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 R-III 50.00 0.00 0.00 0.00 0.00 0.00 B-1 2,454,000.00 2,443,737.63 3,456.79 0.00 0.00 0.00 B-2 981,000.00 976,897.56 1,381.87 0.00 0.00 0.00 B-3 328,000.00 326,628.34 462.03 0.00 0.00 0.00 B-4 408,000.00 406,293.79 574.72 0.00 0.00 0.00 B-5 246,000.00 244,971.25 346.52 0.00 0.00 0.00 B-6 163,868.28 163,184.10 116.03 0.00 0.00 0.00 Totals 163,568,868.12 158,638,574.90 247,642.90 2,006,093.40 (90,686.04) 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 A-1 346,319.71 54,726,423.90 0.97312180 346,319.71 A-2 24,935.63 3,940,398.86 0.97312180 24,935.63 A-3 (46,543.00) 10,684,943.10 1.01761363 (46,543.00) A-4 0.00 7,800,000.00 1.00000000 0.00 A-5 1,524,402.82 47,590,855.23 0.90773040 1,524,402.82 A-6 (44,143.04) 9,675,352.28 1.01845813 (44,143.04) A-7 0.00 7,115,000.00 1.00000000 0.00 A-8 344,120.11 6,670,688.31 0.88024830 344,120.11 A-9 0.00 0.00 0.00000000 0.00 PO 7,620.07 3,716,488.25 0.98345229 7,620.07 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 B-1 3,456.79 2,440,280.84 0.99440947 3,456.79 B-2 1,381.87 975,515.69 0.99440947 1,381.87 B-3 462.03 326,166.31 0.99440948 462.03 B-4 574.72 405,719.06 0.99440946 574.72 B-5 346.52 244,624.73 0.99440947 346.52 B-6 116.03 163,068.07 0.99511675 116.03 Totals 2,163,050.26 156,475,524.63 0.95663390 2,163,050.26
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 56,238,000.00 979.27991038 2.40141701 3.75669156 0.00000000 A-2 4,049,235.00 979.27991090 2.40141656 3.75669231 0.00000000 A-3 10,500,000.00 1013.18096190 0.00000000 0.00000000 (4.43266667) A-4 7,800,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 52,428,403.00 936.80629677 1.55293553 27.52296098 0.00000000 A-6 9,500,000.00 1013.81149895 0.00000000 0.00000000 (4.64663579) A-7 7,115,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-8 7,578,189.41 925.65757340 1.00813923 44.40113882 0.00000000 A-9 0.00 0.00000000 0.00000000 0.00000000 0.00000000 PO 3,779,022.43 985.46869964 1.97732354 0.03908947 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 2,454,000.00 995.81810513 1.40863488 0.00000000 0.00000000 B-2 981,000.00 995.81810398 1.40863405 0.00000000 0.00000000 B-3 328,000.00 995.81810976 1.40862805 0.00000000 0.00000000 B-4 408,000.00 995.81811275 1.40862745 0.00000000 0.00000000 B-5 246,000.00 995.81808943 1.40861789 0.00000000 0.00000000 B-6 163,868.28 995.82481735 0.70806870 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 A-1 0.00000000 6.15810857 973.12180198 0.97312180 6.15810857 A-2 0.00000000 6.15810888 973.12180202 0.97312180 6.15810888 A-3 0.00000000 (4.43266667) 1,017.61362857 1.01761363 (4.43266667) A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-5 0.00000000 29.07589651 907.73040007 0.90773040 29.07589651 A-6 0.00000000 (4.64663579) 1,018.45813474 1.01845813 (4.64663579) A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-8 0.00000000 45.40927805 880.24829535 0.88024830 45.40927805 A-9 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 PO 0.00000000 2.01641301 983.45228663 0.98345229 2.01641301 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 1.40863488 994.40947025 0.99440947 1.40863488 B-2 0.00000000 1.40863405 994.40946993 0.99440947 1.40863405 B-3 0.00000000 1.40862805 994.40948171 0.99440948 1.40862805 B-4 0.00000000 1.40862745 994.40946078 0.99440946 1.40862745 B-5 0.00000000 1.40861789 994.40947154 0.99440947 1.40861789 B-6 0.00000000 0.70806870 995.11674865 0.99511675 0.70806870 (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 A-1 56,238,000.00 5.25000% 55,072,743.60 240,943.25 0.00 0.00 A-2 4,049,235.00 5.25000% 3,965,334.49 17,348.34 0.00 0.00 A-3 10,500,000.00 5.25000% 10,638,400.10 46,543.00 0.00 0.00 A-4 7,800,000.00 5.25000% 7,800,000.00 34,125.00 0.00 0.00 A-5 52,428,403.00 5.50000% 49,115,258.06 225,111.60 0.00 0.00 A-6 9,500,000.00 5.50000% 9,631,209.24 44,143.04 0.00 0.00 A-7 7,115,000.00 5.50000% 7,115,000.00 32,610.42 0.00 0.00 A-8 7,578,189.41 2.48250% 7,014,808.42 14,511.88 0.00 0.00 A-9 0.00 5.51750% 7,014,808.42 32,253.50 0.00 0.00 PO 3,779,022.43 0.00000% 3,724,108.32 0.00 0.00 0.00 R-I 50.00 5.25000% 0.00 0.00 0.00 0.00 R-II 50.00 5.25000% 0.00 0.00 0.00 0.00 R-III 50.00 5.25000% 0.00 0.00 0.00 0.00 B-1 2,454,000.00 5.49569% 2,443,737.63 11,191.69 0.00 0.00 B-2 981,000.00 5.49569% 976,897.56 4,473.94 0.00 0.00 B-3 328,000.00 5.49569% 326,628.34 1,495.87 0.00 0.00 B-4 408,000.00 5.49569% 406,293.79 1,860.72 0.00 0.00 B-5 246,000.00 5.49569% 244,971.25 1,121.91 0.00 0.00 B-6 163,868.28 5.49569% 163,184.10 747.34 0.00 0.00 Totals 163,568,868.12 708,481.50 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 A-1 0.00 0.00 240,943.25 0.00 54,726,423.90 A-2 0.00 0.00 17,348.34 0.00 3,940,398.86 A-3 0.00 0.00 46,543.00 0.00 10,684,943.10 A-4 0.00 0.00 34,125.00 0.00 7,800,000.00 A-5 0.00 0.00 225,111.60 0.00 47,590,855.23 A-6 0.00 0.00 44,143.04 0.00 9,675,352.28 A-7 0.00 0.00 32,610.42 0.00 7,115,000.00 A-8 0.00 0.00 14,511.88 0.00 6,670,688.31 A-9 0.00 0.00 32,253.50 0.00 6,670,688.31 PO 0.00 0.00 0.00 0.00 3,716,488.25 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 11,191.69 0.00 2,440,280.84 B-2 0.00 0.00 4,473.94 0.00 975,515.69 B-3 0.00 0.00 1,495.87 0.00 326,166.31 B-4 0.00 0.00 1,860.72 0.00 405,719.06 B-5 0.00 0.00 1,121.91 0.00 244,624.73 B-6 0.00 0.00 747.34 0.00 163,068.07 Totals 0.00 0.00 708,481.50 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 A-1 56,238,000.00 5.25000% 979.27991038 4.28434955 0.00000000 0.00000000 A-2 4,049,235.00 5.25000% 979.27991090 4.28435001 0.00000000 0.00000000 A-3 10,500,000.00 5.25000% 1013.18096190 4.43266667 0.00000000 0.00000000 A-4 7,800,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 A-5 52,428,403.00 5.50000% 936.80629677 4.29369554 0.00000000 0.00000000 A-6 9,500,000.00 5.50000% 1013.81149895 4.64663579 0.00000000 0.00000000 A-7 7,115,000.00 5.50000% 1000.00000000 4.58333380 0.00000000 0.00000000 A-8 7,578,189.41 2.48250% 925.65757340 1.91495346 0.00000000 0.00000000 A-9 0.00 5.51750% 925.65757340 4.25609578 0.00000000 0.00000000 PO 3,779,022.43 0.00000% 985.46869964 0.00000000 0.00000000 0.00000000 R-I 50.00 5.25000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 5.25000% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 5.25000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 2,454,000.00 5.49569% 995.81810513 4.56059087 0.00000000 0.00000000 B-2 981,000.00 5.49569% 995.81810398 4.56059123 0.00000000 0.00000000 B-3 328,000.00 5.49569% 995.81810976 4.56057927 0.00000000 0.00000000 B-4 408,000.00 5.49569% 995.81811275 4.56058824 0.00000000 0.00000000 B-5 246,000.00 5.49569% 995.81808943 4.56060976 0.00000000 0.00000000 B-6 163,868.28 5.49569% 995.82481735 4.56061417 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 A-1 0.00000000 0.00000000 4.28434955 0.00000000 973.12180198 A-2 0.00000000 0.00000000 4.28435001 0.00000000 973.12180202 A-3 0.00000000 0.00000000 4.43266667 0.00000000 1017.61362857 A-4 0.00000000 0.00000000 4.37500000 0.00000000 1000.00000000 A-5 0.00000000 0.00000000 4.29369554 0.00000000 907.73040007 A-6 0.00000000 0.00000000 4.64663579 0.00000000 1018.45813474 A-7 0.00000000 0.00000000 4.58333380 0.00000000 1000.00000000 A-8 0.00000000 0.00000000 1.91495346 0.00000000 880.24829535 A-9 0.00000000 0.00000000 4.25609578 0.00000000 880.24829535 PO 0.00000000 0.00000000 0.00000000 0.00000000 983.45228663 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 4.56059087 0.00000000 994.40947025 B-2 0.00000000 0.00000000 4.56059123 0.00000000 994.40946993 B-3 0.00000000 0.00000000 4.56057927 0.00000000 994.40948171 B-4 0.00000000 0.00000000 4.56058824 0.00000000 994.40946078 B-5 0.00000000 0.00000000 4.56060976 0.00000000 994.40947154 B-6 0.00000000 0.00000000 4.56061417 0.00000000 995.11674865 (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 2,902,245.43 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 2,336.04 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 2,904,581.47 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 33,049.70 Payment of Interest and Principal 2,871,531.77 Total Withdrawals (Pool Distribution Amount) 2,904,581.47 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 33,049.70 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 33,049.70
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 1 425,998.12 0.00 0.00 0.00 425,998.12 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 1 425,998.12 0.00 0.00 0.00 425,998.12 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 0.273224% 0.000000% 0.000000% 0.000000% 0.273224% 0.271891% 0.000000% 0.000000% 0.000000% 0.271891% 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 0.273224% 0.000000% 0.000000% 0.000000% 0.273224% 0.271891% 0.000000% 0.000000% 0.000000% 0.271891%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 2,336.04
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 150,000.00 0.09170449% 150,000.00 0.09586171% Fraud 4,907,066.05 3.00000000% 4,907,066.05 3.13599822% Special Hazard 1,673,500.00 1.02311645% 1,673,500.00 1.06949712% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 5.609213% Weighted Average Net Coupon 5.359213% Weighted Average Pass-Through Rate 5.359213% Weighted Average Maturity(Stepdown Calculation ) 332 Beginning Scheduled Collateral Loan Count 371 Number Of Loans Paid In Full 5 Ending Scheduled Collateral Loan Count 366 Beginning Scheduled Collateral Balance 158,638,574.31 Ending Scheduled Collateral Balance 156,475,409.25 Ending Actual Collateral Balance at 31-Oct-2004 156,679,719.73 Monthly P &I Constant 968,781.36 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 227,250.12 Unscheduled Principal 1,935,914.94
Miscellaneous Reporting Average Loss Severity 0.00 Senior Pct - Sub Group 1 97.106916% Senior Pct - Sub Group 2 97.009206% Senior Pct - Sub Group 3 96.919464% Senior Preyament Pct - Sub Group 1 100.000000% Senior Preyament Pct - Sub Group 2 100.000000% Senior Preyament Pct - Sub Group 3 100.000000% Subordinate Pct - Sub Group 1 2.893084% Subordinate Pct - Sub Group 2 2.990794% Subordinate Pct - Sub Group 3 3.080536%
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