-----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, FCqispNq0kruEWGBGITGBidd9PztBzyrsPEzAzqihxHug4SmQEOB8IlyvT3hOWo/ nENSi4Pu2/AWHEtZcz6l8g== 0001056404-04-003506.txt : 20041022 0001056404-04-003506.hdr.sgml : 20041022 20041022141202 ACCESSION NUMBER: 0001056404-04-003506 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041020 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041022 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Structured Asset Mortgage Investments II Trust 2004-AR4 CENTRAL INDEX KEY: 0001299278 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-115122-12 FILM NUMBER: 041091505 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 sam04ar4_oct.txt OCT. 8-K 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): October 19, 2004 STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. Mortgage Pass-Through Certificates, Series 2004-AR4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-115122-12 54-6636462 Pooling and Servicing Agreement) (Commission 54-6636463 (State or other File Number) 54-6636464 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 October 19, 2004 a distribution was made to holders of STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., Mortgage Pass-Through Certificates, Series 2004-AR4 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-AR4 Trust, relating to the October 19, 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. STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. Mortgage Pass-Through Certificates, Series 2004-AR4 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: 10/19/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-AR4 Trust, relating to the October 19, 2004 distribution. EX-99.1
Structured Asset Mortgage Investments Inc. Mortgage Pass-Through Certificates Record Date: 9/30/04 Distribution Date: 10/19/04 SAM Series: 2004-AR4 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 I-A-1 86359LDH9 SEN 2.16125% 326,197,085.00 587,494.53 2,715,876.92 II-A-1 86359LDJ5 SEN 2.16125% 249,738,684.68 449,789.77 3,235,575.94 III-A-1 86359LDW6 SEN 3.28382% 62,255,571.30 170,363.27 590,327.10 X 86359LDK2 SEN 0.96425% 0.00 503,309.26 0.00 R-I 86359LDL0 SEN 2.99581% 0.00 0.00 0.00 R-II 86359LDM8 SEN 2.99581% 0.00 0.00 0.00 R-III 86359LDN6 SEN 2.99581% 0.00 0.00 0.00 M 86359LDP1 MEX 2.26125% 27,398,000.00 51,628.11 0.00 B-1 86359LDQ9 SUB 2.43125% 10,674,400.00 21,626.78 0.00 B-2 86359LDR7 SUB 3.01125% 7,828,000.00 19,643.39 0.00 B-3 86359LDS5 SUB 3.31125% 5,337,300.00 14,727.61 0.00 B-4 86359LDT3 SUB 3.16482% 2,490,700.00 6,568.85 0.00 B-5 86359LDU0 SUB 3.16482% 2,134,900.00 5,630.48 0.00 B-6 86359LDV8 SUB 3.16482% 4,625,782.00 12,199.81 0.00 Totals 698,680,422.98 1,842,981.86 6,541,779.96
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 323,481,208.08 3,303,371.45 0.00 II-A-1 0.00 246,503,108.74 3,685,365.71 0.00 III-A-1 0.00 61,665,244.20 760,690.37 0.00 X 0.00 0.00 503,309.26 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 M 0.00 27,398,000.00 51,628.11 0.00 B-1 0.00 10,674,400.00 21,626.78 0.00 B-2 0.00 7,828,000.00 19,643.39 0.00 B-3 0.00 5,337,300.00 14,727.61 0.00 B-4 0.00 2,490,700.00 6,568.85 0.00 B-5 0.00 2,134,900.00 5,630.48 0.00 B-6 0.00 4,625,782.00 12,199.81 0.00 Totals 0.00 692,138,643.02 8,384,761.82 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-1 334,713,700.00 326,197,085.00 0.00 2,715,876.92 0.00 0.00 II-A-1 252,524,000.00 249,738,684.68 0.00 3,235,575.94 0.00 0.00 III-A-1 63,906,700.00 62,255,571.30 0.00 590,327.10 0.00 0.00 X 0.00 0.00 0.00 0.00 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 M 27,398,000.00 27,398,000.00 0.00 0.00 0.00 0.00 B-1 10,674,400.00 10,674,400.00 0.00 0.00 0.00 0.00 B-2 7,828,000.00 7,828,000.00 0.00 0.00 0.00 0.00 B-3 5,337,300.00 5,337,300.00 0.00 0.00 0.00 0.00 B-4 2,490,700.00 2,490,700.00 0.00 0.00 0.00 0.00 B-5 2,134,900.00 2,134,900.00 0.00 0.00 0.00 0.00 B-6 4,625,782.00 4,625,782.00 0.00 0.00 0.00 0.00 Totals 711,633,632.00 698,680,422.98 0.00 6,541,779.96 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-1 2,715,876.92 323,481,208.08 0.96644149 2,715,876.92 II-A-1 3,235,575.94 246,503,108.74 0.97615715 3,235,575.94 III-A-1 590,327.10 61,665,244.20 0.96492612 590,327.10 X 0.00 0.00 0.00000000 0.00 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 M 0.00 27,398,000.00 1.00000000 0.00 B-1 0.00 10,674,400.00 1.00000000 0.00 B-2 0.00 7,828,000.00 1.00000000 0.00 B-3 0.00 5,337,300.00 1.00000000 0.00 B-4 0.00 2,490,700.00 1.00000000 0.00 B-5 0.00 2,134,900.00 1.00000000 0.00 B-6 0.00 4,625,782.00 1.00000000 0.00 Totals 6,541,779.96 692,138,643.02 0.97260530 6,541,779.96
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 334,713,700.00 974.55552312 0.00000000 8.11402975 0.00000000 II-A-1 252,524,000.00 988.97009662 0.00000000 12.81294427 0.00000000 III-A-1 63,906,700.00 974.16344922 0.00000000 9.23732723 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 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 M 27,398,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 10,674,400.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 7,828,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 5,337,300.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 2,490,700.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-5 2,134,900.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-6 4,625,782.00 1000.00000000 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 I-A-1 0.00000000 8.11402975 966.44149337 0.96644149 8.11402975 II-A-1 0.00000000 12.81294427 976.15715235 0.97615715 12.81294427 III-A-1 0.00000000 9.23732723 964.92612199 0.96492612 9.23732723 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 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 M 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 B-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-6 0.00000000 0.00000000 1,000.00000000 1.00000000 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 I-A-1 334,713,700.00 2.16125% 326,197,085.00 587,494.54 0.00 0.00 II-A-1 252,524,000.00 2.16125% 249,738,684.68 449,789.78 0.00 0.00 III-A-1 63,906,700.00 3.28382% 62,255,571.30 170,363.27 0.00 0.00 X 0.00 0.96425% 627,173,469.68 503,960.55 0.00 0.00 R-I 50.00 2.99581% 0.00 0.00 0.00 0.00 R-II 50.00 2.99581% 0.00 0.00 0.00 0.00 R-III 50.00 2.99581% 0.00 0.00 0.00 0.00 M 27,398,000.00 2.26125% 27,398,000.00 51,628.11 0.00 0.00 B-1 10,674,400.00 2.43125% 10,674,400.00 21,626.78 0.00 0.00 B-2 7,828,000.00 3.01125% 7,828,000.00 19,643.39 0.00 0.00 B-3 5,337,300.00 3.31125% 5,337,300.00 14,727.61 0.00 0.00 B-4 2,490,700.00 3.16482% 2,490,700.00 6,568.85 0.00 0.00 B-5 2,134,900.00 3.16482% 2,134,900.00 5,630.48 0.00 0.00 B-6 4,625,782.00 3.16482% 4,625,782.00 12,199.81 0.00 0.00 Totals 711,633,632.00 1,843,633.17 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-1 0.01 0.00 587,494.53 0.00 323,481,208.08 II-A-1 0.01 0.00 449,789.77 0.00 246,503,108.74 III-A-1 0.00 0.00 170,363.27 0.00 61,665,244.20 X 0.01 0.00 503,309.26 0.00 621,222,016.82 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 M 0.00 0.00 51,628.11 0.00 27,398,000.00 B-1 0.00 0.00 21,626.78 0.00 10,674,400.00 B-2 0.00 0.00 19,643.39 0.00 7,828,000.00 B-3 0.00 0.00 14,727.61 0.00 5,337,300.00 B-4 0.00 0.00 6,568.85 0.00 2,490,700.00 B-5 0.00 0.00 5,630.48 0.00 2,134,900.00 B-6 0.00 0.00 12,199.81 0.00 4,625,782.00 Totals 0.03 0.00 1,842,981.86 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-1 334,713,700.00 2.16125% 974.55552312 1.75521510 0.00000000 0.00000000 II-A-1 252,524,000.00 2.16125% 988.97009662 1.78117636 0.00000000 0.00000000 III-A-1 63,906,700.00 3.28382% 974.16344922 2.66581235 0.00000000 0.00000000 X 0.00 0.96425% 982.29856574 0.78931866 0.00000000 0.00000000 R-I 50.00 2.99581% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 2.99581% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 2.99581% 0.00000000 0.00000000 0.00000000 0.00000000 M 27,398,000.00 2.26125% 1000.00000000 1.88437514 0.00000000 0.00000000 B-1 10,674,400.00 2.43125% 1000.00000000 2.02604174 0.00000000 0.00000000 B-2 7,828,000.00 3.01125% 1000.00000000 2.50937532 0.00000000 0.00000000 B-3 5,337,300.00 3.31125% 1000.00000000 2.75937459 0.00000000 0.00000000 B-4 2,490,700.00 3.16482% 1000.00000000 2.63735095 0.00000000 0.00000000 B-5 2,134,900.00 3.16482% 1000.00000000 2.63735070 0.00000000 0.00000000 B-6 4,625,782.00 3.16482% 1000.00000000 2.63735083 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-1 0.00000003 0.00000000 1.75521507 0.00000000 966.44149337 II-A-1 0.00000004 0.00000000 1.78117632 0.00000000 976.15715235 III-A-1 0.00000000 0.00000000 2.66581235 0.00000000 964.92612199 X 0.00000002 0.00000000 0.78829859 0.00000000 972.97721544 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 M 0.00000000 0.00000000 1.88437514 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 2.02604174 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 2.50937532 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 2.75937459 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 2.63735095 0.00000000 1000.00000000 B-5 0.00000000 0.00000000 2.63735070 0.00000000 1000.00000000 B-6 0.00000000 0.00000000 2.63735083 0.00000000 1000.00000000 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage 1X 0.90133% 326,197,085.00 323,481,208.08 0.00 0.00 96.64414934% 2X 1.10897% 249,738,684.68 246,503,108.74 0.00 0.00 97.61571523% 3X 0.65945% 51,237,700.00 51,237,700.00 0.00 0.00 100.00000000%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 8,612,386.07 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 27,275.78 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 8,639,661.85 Withdrawals Reimbursement for Servicer Advances 32,835.54 Payment of Service Fee 222,064.49 Payment of Interest and Principal 8,384,761.82 Total Withdrawals (Pool Distribution Amount) 8,639,661.85 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 142,897.26 Additional Servicing Fee 75,823.54 Master Servicing Fee 1,455.63 Miscellaneous Fee 1,888.06 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 222,064.49
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Carryover Shortfall Reserve Fund 5,000.00 651.28 651.28 5,000.00
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 26 0 0 0 26 9,638,612.39 0.00 0.00 0.00 9,638,612.39 60 Days 2 0 0 0 2 417,533.54 0.00 0.00 0.00 417,533.54 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 28 0 0 0 28 10,056,145.93 0.00 0.00 0.00 10,056,145.93 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 1.085595% 0.000000% 0.000000% 0.000000% 1.085595% 1.392573% 0.000000% 0.000000% 0.000000% 1.392573% 60 Days 0.083507% 0.000000% 0.000000% 0.000000% 0.083507% 0.060325% 0.000000% 0.000000% 0.000000% 0.060325% 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 1.169102% 0.000000% 0.000000% 0.000000% 1.169102% 1.452897% 0.000000% 0.000000% 0.000000% 1.452897%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 9 0 0 0 9 6,419,603.35 0.00 0.00 0.00 6,419,603.35 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 9 0 0 0 9 6,419,603.35 0.00 0.00 0.00 6,419,603.35 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.477833% 0.000000% 0.000000% 0.000000% 1.477833% 1.810456% 0.000000% 0.000000% 0.000000% 1.810456% 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 1.477833% 0.000000% 0.000000% 0.000000% 1.477833% 1.810456% 0.000000% 0.000000% 0.000000% 1.810456% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 15 0 0 0 15 2,811,509.04 0.00 0.00 0.00 2,811,509.04 60 Days 2 0 0 0 2 417,533.54 0.00 0.00 0.00 417,533.54 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 17 0 0 0 17 3,229,042.58 0.00 0.00 0.00 3,229,042.58 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.986842% 0.000000% 0.000000% 0.000000% 0.986842% 1.041443% 0.000000% 0.000000% 0.000000% 1.041443% 60 Days 0.131579% 0.000000% 0.000000% 0.000000% 0.131579% 0.154663% 0.000000% 0.000000% 0.000000% 0.154663% 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 1.118421% 0.000000% 0.000000% 0.000000% 1.118421% 1.196107% 0.000000% 0.000000% 0.000000% 1.196107% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 2 0 0 0 2 407,500.00 0.00 0.00 0.00 407,500.00 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 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2 0 0 0 2 407,500.00 0.00 0.00 0.00 407,500.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.751880% 0.000000% 0.000000% 0.000000% 0.751880% 0.602840% 0.000000% 0.000000% 0.000000% 0.602840% 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 0.751880% 0.000000% 0.000000% 0.000000% 0.751880% 0.602840% 0.000000% 0.000000% 0.000000% 0.602840%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 27,275.78
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 3.546765% Weighted Average Net Coupon 3.301336% Weighted Average Pass-Through Rate 3.165365% Weighted Average Maturity(Stepdown Calculation ) 332 Beginning Scheduled Collateral Loan Count 2,417 Number Of Loans Paid In Full 22 Ending Scheduled Collateral Loan Count 2,395 Beginning Scheduled Collateral Balance 698,680,423.36 Ending Scheduled Collateral Balance 692,138,643.40 Ending Actual Collateral Balance at 30-Sep-2004 692,144,268.12 Monthly P &I Constant 2,065,046.33 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 692,138,643.40 Scheduled Principal 0.00 Unscheduled Principal 6,541,779.96
Group Level Collateral Statement Group I II III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 3.441312 3.656085 3.661317 Weighted Average Net Rate 3.159755 3.415409 3.586137 Weighted Average Maturity 336 325 329 Beginning Loan Count 614 1,535 268 Loans Paid In Full 5 15 2 Ending Loan Count 609 1,520 266 Beginning Scheduled Balance 357,290,803.69 273,197,306.39 68,192,313.28 Ending scheduled Balance 354,574,926.77 269,961,730.45 67,601,986.18 Record Date 09/30/2004 09/30/2004 09/30/2004 Principal And Interest Constant 1,024,624.37 832,360.54 208,061.42 Scheduled Principal 0.00 0.00 0.00 Unscheduled Principal 2,715,876.92 3,235,575.94 590,327.10 Scheduled Interest 1,024,624.37 832,360.54 208,061.42 Servicing Fees 83,831.50 54,793.47 4,272.29 Master Servicing Fees 744.37 569.19 142.07 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 28,188.91 32,484.88 17,037.81 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 911,859.59 744,513.00 186,609.25 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 3.062580 3.270221 3.283817
Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 3.546765 Weighted Average Net Rate 3.301336 Weighted Average Maturity 332 Beginning Loan Count 2,417 Loans Paid In Full 22 Ending Loan Count 2,395 Beginning Scheduled Balance 698,680,423.36 Ending scheduled Balance 692,138,643.40 Record Date 09/30/2004 Principal And Interest Constant 2,065,046.33 Scheduled Principal 0.00 Unscheduled Principal 6,541,779.96 Scheduled Interest 2,065,046.33 Servicing Fees 142,897.26 Master Servicing Fees 1,455.63 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 77,711.60 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 1,842,981.84 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 3.165365
Miscellaneous Reporting Group I Average Loss Severity 0.000000% Interest Coverage Ending Balance 0.00 Interest Coverage Withdrawl 0.00 PreFunding Ending Balance 0.00 PreFunding Withdrawl 0.00 Subsequent Mortgage Loan Purchase 0.00 Senior Pencentage 91.297364% Senior Prepay Percentage 100.000000% Subordinate Percentage 8.702636% Subordinate Prepay Percentage 0.000000% Group II Average Loss Severity 0.000000% Interest Coverage End Balance 0.00 Interest Coverage Withdrawl 0.00 PreFunding Ending Balance 0.00 PreFunding Withdrawl 0.00 Subsequent Mortgage Loan Purchase 0.00 Senior Pencentage 91.413305% Senior Prepay Percentage 100.000000% Subordinate Percentage 8.586695% Subordinate Prepay Percentage 0.000000% Group III Average Loss Severity 0.000000% Interest Coverage End Balance 0.00 Interest Coverage Withdrawl 0.00 PreFunding Ending Balance 0.00 PreFunding Withdrawl 0.00 Subsequent Mortgage Loan Purchase 0.00 Senior Pencentage 91.294119% Senior Prepay Percentage 100.000000% Subordinate Percentage 8.705881% Subordinate Prepay Percentage 0.000000%
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