-----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, Baq4D5+8SsEfauvkkqrsOAOkPOYN0v4rXAaSDmZShhruq6PZlCBlSKSTVbshsvPk u1GNYf+JK1fxu0kS/AnqWw== 0001056404-04-004366.txt : 20041206 0001056404-04-004366.hdr.sgml : 20041206 20041206125123 ACCESSION NUMBER: 0001056404-04-004366 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 DATE AS OF CHANGE: 20041206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: First Franklin Mortgage Loan Trust 2004-FF6 CENTRAL INDEX KEY: 0001298535 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-108395-05 FILM NUMBER: 041185768 BUSINESS ADDRESS: STREET 1: 200 PARK AVE. CITY: NEW YORK STATE: NY ZIP: 10166 8-K 1 ffm04ff6_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 FIRST FRANKLIN MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-FF6 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-108395-05 54-6636390 Pooling and Servicing Agreement) (Commission 54-2157828 (State or other File Number) 54-2157829 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 FIRST FRANKLIN MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2004-FF6 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-FF6 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. FIRST FRANKLIN MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-FF6 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: 12/6/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-FF6 Trust, relating to the November 26, 2004 distribution. EX-99.1
First Franklin Mortgage Loan Trust Mortgage Pass-Through Certificates Record Date: 10/31/2004 Distribution Date: 11/26/2004 FFM Series: 2004-FF6 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 A1 32027NKR1 SEN 2.32000% 505,605,947.13 1,042,671.82 11,689,785.66 A2A 32027NKG5 SEN 2.05250% 155,491,551.40 283,685.70 8,969,963.10 A2B 32027NKH3 SEN 2.34250% 178,000,000.00 370,635.56 0.00 M1 32027NKJ9 MEZ 2.55250% 57,427,000.00 130,295.48 0.00 M2 32027NKK6 MEZ 3.18250% 47,856,000.00 135,379.31 0.00 M3 32027NKL4 MEZ 3.38250% 13,293,000.00 39,967.62 0.00 B1 32027NKM2 SUB 3.73250% 13,294,000.00 44,106.54 0.00 B2 32027NKN0 SUB 3.88250% 11,166,000.00 38,535.11 0.00 B3 32027NKP5 SUB 5.43250% 12,762,000.00 61,626.28 0.00 B4 32027NKQ3 SUB 5.43250% 10,635,000.00 51,355.23 0.00 X FFM04FF6X SEN 0.00000% 14,356,829.42 2,836,160.93 0.00 P FFM04FF6P SEN 0.00000% 0.01 340,388.67 0.00 R FFM4FF6R1 SEN 0.00000% 0.00 0.00 0.00 Totals 1,019,887,327.96 5,374,808.25 20,659,748.76
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 493,916,161.47 12,732,457.48 0.00 A2A 0.00 146,521,588.30 9,253,648.80 0.00 A2B 0.00 178,000,000.00 370,635.56 0.00 M1 0.00 57,427,000.00 130,295.48 0.00 M2 0.00 47,856,000.00 135,379.31 0.00 M3 0.00 13,293,000.00 39,967.62 0.00 B1 0.00 13,294,000.00 44,106.54 0.00 B2 0.00 11,166,000.00 38,535.11 0.00 B3 0.00 12,762,000.00 61,626.28 0.00 B4 0.00 10,635,000.00 51,355.23 0.00 X 0.00 14,356,829.42 2,836,160.93 0.00 P 0.00 0.01 340,388.67 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 999,227,579.20 26,034,557.01 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) A1 530,060,000.00 505,605,947.13 0.00 11,689,785.66 0.00 0.00 A2A 174,619,000.00 155,491,551.40 0.00 8,969,963.10 0.00 0.00 A2B 178,000,000.00 178,000,000.00 0.00 0.00 0.00 0.00 M1 57,427,000.00 57,427,000.00 0.00 0.00 0.00 0.00 M2 47,856,000.00 47,856,000.00 0.00 0.00 0.00 0.00 M3 13,293,000.00 13,293,000.00 0.00 0.00 0.00 0.00 B1 13,294,000.00 13,294,000.00 0.00 0.00 0.00 0.00 B2 11,166,000.00 11,166,000.00 0.00 0.00 0.00 0.00 B3 12,762,000.00 12,762,000.00 0.00 0.00 0.00 0.00 B4 10,635,000.00 10,635,000.00 0.00 0.00 0.00 0.00 X 14,356,845.81 14,356,829.42 0.00 0.00 0.00 0.00 P 0.01 0.01 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,063,468,845.82 1,019,887,327.96 0.00 20,659,748.76 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 A1 11,689,785.66 493,916,161.47 0.93181180 11,689,785.66 A2A 8,969,963.10 146,521,588.30 0.83909304 8,969,963.10 A2B 0.00 178,000,000.00 1.00000000 0.00 M1 0.00 57,427,000.00 1.00000000 0.00 M2 0.00 47,856,000.00 1.00000000 0.00 M3 0.00 13,293,000.00 1.00000000 0.00 B1 0.00 13,294,000.00 1.00000000 0.00 B2 0.00 11,166,000.00 1.00000000 0.00 B3 0.00 12,762,000.00 1.00000000 0.00 B4 0.00 10,635,000.00 1.00000000 0.00 X 0.00 14,356,829.42 0.99999886 0.00 P 0.00 0.01 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 20,659,748.76 999,227,579.20 0.93959271 20,659,748.76
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 530,060,000.00 953.86550038 0.00000000 22.05370271 0.00000000 A2A 174,619,000.00 890.46181343 0.00000000 51.36876915 0.00000000 A2B 178,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M1 57,427,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 47,856,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 13,293,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 13,294,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 11,166,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B3 12,762,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B4 10,635,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 14,356,845.81 999.99885838 0.00000000 0.00000000 0.00000000 P 0.01 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 All classes are per $25,000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A1 0.00000000 22.05370271 931.81179766 0.93181180 22.05370271 A2A 0.00000000 51.36876915 839.09304428 0.83909304 51.36876915 A2B 0.00000000 0.00000000 1,000.00000000 1.00000000 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 M3 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 B4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 999.99885838 0.99999886 0.00000000 P 0.00000000 0.00000000 0.00000000 1.00000000 0.00000000 R 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 A1 530,060,000.00 2.32000% 505,605,947.13 1,042,671.82 0.00 0.00 A2A 174,619,000.00 2.05250% 155,491,551.40 283,685.70 0.00 0.00 A2B 178,000,000.00 2.34250% 178,000,000.00 370,635.56 0.00 0.00 M1 57,427,000.00 2.55250% 57,427,000.00 130,295.48 0.00 0.00 M2 47,856,000.00 3.18250% 47,856,000.00 135,379.31 0.00 0.00 M3 13,293,000.00 3.38250% 13,293,000.00 39,967.62 0.00 0.00 B1 13,294,000.00 3.73250% 13,294,000.00 44,106.54 0.00 0.00 B2 11,166,000.00 3.88250% 11,166,000.00 38,535.11 0.00 0.00 B3 12,762,000.00 5.43250% 12,762,000.00 61,626.28 0.00 0.00 B4 10,635,000.00 5.43250% 10,635,000.00 51,355.23 0.00 0.00 X 14,356,845.81 0.00000% 14,356,829.42 0.00 0.00 0.00 P 0.01 0.00000% 0.01 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,063,468,845.82 2,198,258.65 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 A1 0.00 0.00 1,042,671.82 0.00 493,916,161.47 A2A 0.00 0.00 283,685.70 0.00 146,521,588.30 A2B 0.00 0.00 370,635.56 0.00 178,000,000.00 M1 0.00 0.00 130,295.48 0.00 57,427,000.00 M2 0.00 0.00 135,379.31 0.00 47,856,000.00 M3 0.00 0.00 39,967.62 0.00 13,293,000.00 B1 0.00 0.00 44,106.54 0.00 13,294,000.00 B2 0.00 0.00 38,535.11 0.00 11,166,000.00 B3 0.00 0.00 61,626.28 0.00 12,762,000.00 B4 0.00 0.00 51,355.23 0.00 10,635,000.00 X 0.00 0.00 2,836,160.93 0.00 14,356,829.42 P 0.00 0.00 340,388.67 0.00 0.01 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 5,374,808.25 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 A1 530,060,000.00 2.32000% 953.86550038 1.96708263 0.00000000 0.00000000 A2A 174,619,000.00 2.05250% 890.46181343 1.62459813 0.00000000 0.00000000 A2B 178,000,000.00 2.34250% 1000.00000000 2.08222225 0.00000000 0.00000000 M1 57,427,000.00 2.55250% 1000.00000000 2.26888885 0.00000000 0.00000000 M2 47,856,000.00 3.18250% 1000.00000000 2.82888896 0.00000000 0.00000000 M3 13,293,000.00 3.38250% 1000.00000000 3.00666667 0.00000000 0.00000000 B1 13,294,000.00 3.73250% 1000.00000000 3.31777794 0.00000000 0.00000000 B2 11,166,000.00 3.88250% 1000.00000000 3.45111141 0.00000000 0.00000000 B3 12,762,000.00 5.43250% 1000.00000000 4.82888889 0.00000000 0.00000000 B4 10,635,000.00 5.43250% 1000.00000000 4.82888858 0.00000000 0.00000000 X 14,356,845.81 0.00000% 999.99885838 0.00000000 0.00000000 0.00000000 P 0.01 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 All Classes are per $25,000 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 A1 0.00000000 0.00000000 1.96708263 0.00000000 931.81179766 A2A 0.00000000 0.00000000 1.62459813 0.00000000 839.09304428 A2B 0.00000000 0.00000000 2.08222225 0.00000000 1000.00000000 M1 0.00000000 0.00000000 2.26888885 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.82888896 0.00000000 1000.00000000 M3 0.00000000 0.00000000 3.00666667 0.00000000 1000.00000000 B1 0.00000000 0.00000000 3.31777794 0.00000000 1000.00000000 B2 0.00000000 0.00000000 3.45111141 0.00000000 1000.00000000 B3 0.00000000 0.00000000 4.82888889 0.00000000 1000.00000000 B4 0.00000000 0.00000000 4.82888858 0.00000000 1000.00000000 X 0.00000000 0.00000000 197.54763459 0.00000000 999.99885838 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 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 26,120,821.22 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 340,388.67 Total Deposits 26,461,209.89 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 426,652.88 Payment of Interest and Principal 26,034,557.01 Total Withdrawals (Pool Distribution Amount) 26,461,209.89 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 424,953.06 Trustee Fee 1,699.82 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 426,652.88
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 41 0 0 0 41 5,568,551.40 0.00 0.00 0.00 5,568,551.40 60 Days 14 0 0 0 14 1,589,100.10 0.00 0.00 0.00 1,589,100.10 90 Days 14 0 0 0 14 2,734,074.56 0.00 0.00 0.00 2,734,074.56 120 Days 10 0 0 0 10 1,296,945.31 0.00 0.00 0.00 1,296,945.31 150 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 79 0 0 0 79 11,188,671.37 0.00 0.00 0.00 11,188,671.37 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 0.776221% 0.000000% 0.000000% 0.000000% 0.776221% 0.557286% 0.000000% 0.000000% 0.000000% 0.557286% 60 Days 0.265051% 0.000000% 0.000000% 0.000000% 0.265051% 0.159033% 0.000000% 0.000000% 0.000000% 0.159033% 90 Days 0.265051% 0.000000% 0.000000% 0.000000% 0.265051% 0.273619% 0.000000% 0.000000% 0.000000% 0.273619% 120 Days 0.189322% 0.000000% 0.000000% 0.000000% 0.189322% 0.129795% 0.000000% 0.000000% 0.000000% 0.129795% 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 1.495646% 0.000000% 0.000000% 0.000000% 1.495646% 1.119732% 0.000000% 0.000000% 0.000000% 1.119732%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 67,106.23
COLLATERAL STATEMENT Collateral Description Fixed Mixed & ARM & Balloon Weighted Average Gross Coupon 6.425501% Weighted Average Net Coupon 5.925501% Weighted Average Pass-Through Rate 5.923501% Weighted Average Maturity(Stepdown Calculation ) 350 Beginning Scheduled Collateral Loan Count 5,375 Number Of Loans Paid In Full 93 Ending Scheduled Collateral Loan Count 5,282 Beginning Scheduled Collateral Balance 1,019,887,327.96 Ending Scheduled Collateral Balance 999,227,579.20 Ending Actual Collateral Balance at 31-Oct-2004 999,227,579.20 Monthly P &I Constant 5,873,726.59 Special Servicing Fee 0.00 Prepayment Penalties 340,388.67 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 412,654.43 Unscheduled Principal 20,247,094.33
Miscellaneous Reporting Credit Enhancement Percentage 0.18 Excess Cash Amount 0.00 Extra Principal Distribution 0.00 Overcollateralized Amount 14,356,829.42 Overcollateralized Target 14,356,829.42 Overcollateralized Deficiency Amount 0.00 Overcollateralized Release Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Trigger Event Not in Trigger Step Down Date Do Not Stepdown Dividend Account Deposit 0.00 Dividend Account Balance 0.00 Dividend Account Withdrawel 0.00 Soldier/Sailor Adjustment 0.00 Cap Payment to A2 class 0.00 Cap Payment to B class 0.00 Cap Payment to M class 0.00 Miscellaneous Bond Adjustment 0.00 Pass Thru Rate Next Distribution 0.00 Class A-1 PT Rate for Next Distribution 2.5675% Class A-2A PT Rate for Next Distribution 2.3000% Class A-2B PT Rate for Next Distribution 2.5900% Class M-1 PT Rate for Next Distribution 2.8000% Class M-2 PT Rate for Next Distribution 3.4300% Class M-3 PT Rate for Next Distribution 3.6300% Class B-1 PT Rate for Next Distribution 3.9800% Class B-2 PT Rate for Next Distribution 4.1300% Class B-3 PT Rate for Next Distribution 5.6800% Class B-4 PT Rate for Next Distribution 5.6800%
Group Level Collateral Statement Group Group 1 Group 2 Total Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed & ARM & Balloon Weighted Average Coupon Rate 6.442905 6.399154 6.425501 Weighted Average Net Rate 5.942905 5.899154 5.925501 Weighted Average Maturity 350 351 350 Beginning Loan Count 3,784 1,591 5,375 Loans Paid In Full 59 34 93 Ending Loan Count 3,725 1,557 5,282 Beginning Scheduled Balance 614,171,965.66 405,715,362.30 1,019,887,327.96 Ending scheduled Balance 602,482,180.00 396,745,399.20 999,227,579.20 Record Date 10/31/2004 10/31/2004 10/31/2004 Principal And Interest Constant 3,558,081.57 2,315,645.02 5,873,726.59 Scheduled Principal 260,538.68 152,115.75 412,654.43 Unscheduled Principal 11,429,246.98 8,817,847.35 20,247,094.33 Scheduled Interest 3,297,542.89 2,163,529.27 5,461,072.16 Servicing Fees 255,904.99 169,048.07 424,953.06 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 1,023.62 676.20 1,699.82 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 3,040,614.28 1,993,805.00 5,034,419.28 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 5.940905 5.897154 5.923501
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