-----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, ElOi45sI9yZSFMhLoppuHxZ+ounE7KbBq+oq6erw6GCImieCRg92JVsIee7G8dA+ CEbvEISBKAD26/zJB14HDg== 0001056404-04-003304.txt : 20041004 0001056404-04-003304.hdr.sgml : 20041004 20041004124941 ACCESSION NUMBER: 0001056404-04-003304 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040925 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041004 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES 2004-FM1 CENTRAL INDEX KEY: 0001300342 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: 333-112231-16 FILM NUMBER: 041061242 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 mlm04fm1_sep.txt SEPTEMBER 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): September 27, 2004 MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Loan Asset-Backed Certificates, Series 2004-FM1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112231-16 54-6636565 Pooling and Servicing Agreement) (Commission 54-6637661 (State or other File Number) 54-6637662 jurisdiction 54-6636566 of Incorporation) IRS EIN 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 September 27, 2004 a distribution was made to holders of MERRILL LYNCH MORTGAGE INVESTORS, INC., Mortgage Loan Asset-Backed Certificates, Series 2004-FM1 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-FM1 Trust, relating to the September 27, 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, INC. Mortgage Loan Asset-Backed Certificates, Series 2004-FM1 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: 10/4/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset-Backed Certificates, Series 2004-FM1 Trust , relating to the September 27, 2004 distribution. EX-99.1
Merrill Lynch Mortgage Loans, Inc. Mortgage Pass-Through Certificates Record Date: 8/31/2004 Distribution Date: 9/27/2004 MLM Series: 2004-FM1 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 59020UGC3 RES 1.86875% 100.00 0.24 100.00 A-1 59020UFS9 SEN 1.86875% 150,598,000.00 367,422.52 9,028,604.79 A2A 59020UFT7 SEN 1.85875% 112,931,000.00 274,049.81 6,991,549.74 A2B 59020UFU4 SEN 2.08875% 11,987,000.00 32,688.30 0.00 M1 59020UFV2 SUB 2.18875% 25,079,000.00 71,664.11 0.00 M2 59020UFW0 SUB 2.71875% 18,544,000.00 65,821.54 0.00 M3 59020UFX8 SUB 2.91875% 6,181,000.00 23,553.26 0.00 B1 59020UFY6 SUB 3.36875% 6,181,000.00 27,184.60 0.00 B2 59020UFZ3 SUB 3.51875% 5,298,000.00 24,338.61 0.00 B3 59020UGA7 SUB 5.31875% 4,415,000.00 30,657.42 0.00 B4 59020UGB5 SUB 5.31875% 6,181,000.00 42,920.39 0.00 C 59020UGE9 SUB 0.00000% 5,830,566.55 1,021,121.23 0.00 P 59020UGD1 SUB 0.00000% 0.00 384,511.12 0.00 Totals 353,225,666.55 2,365,933.15 16,020,254.53
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses R 0.00 0.00 100.24 0.00 A-1 0.00 141,569,395.21 9,396,027.31 0.00 A2A 0.00 105,939,450.26 7,265,599.55 0.00 A2B 0.00 11,987,000.00 32,688.30 0.00 M1 0.00 25,079,000.00 71,664.11 0.00 M2 0.00 18,544,000.00 65,821.54 0.00 M3 0.00 6,181,000.00 23,553.26 0.00 B1 0.00 6,181,000.00 27,184.60 0.00 B2 0.00 5,298,000.00 24,338.61 0.00 B3 0.00 4,415,000.00 30,657.42 0.00 B4 0.00 6,181,000.00 42,920.39 0.00 C 0.00 5,830,565.55 1,021,121.23 0.00 P 0.00 0.00 384,511.12 0.00 Totals 0.00 337,205,411.02 18,386,187.68 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 A-1 150,598,000.00 150,598,000.00 0.00 9,028,604.79 0.00 0.00 A2A 112,931,000.00 112,931,000.00 0.00 6,991,549.74 0.00 0.00 A2B 11,987,000.00 11,987,000.00 0.00 0.00 0.00 0.00 M1 25,079,000.00 25,079,000.00 0.00 0.00 0.00 0.00 M2 18,544,000.00 18,544,000.00 0.00 0.00 0.00 0.00 M3 6,181,000.00 6,181,000.00 0.00 0.00 0.00 0.00 B1 6,181,000.00 6,181,000.00 0.00 0.00 0.00 0.00 B2 5,298,000.00 5,298,000.00 0.00 0.00 0.00 0.00 B3 4,415,000.00 4,415,000.00 0.00 0.00 0.00 0.00 B4 6,181,000.00 6,181,000.00 0.00 0.00 0.00 0.00 C 5,830,566.55 5,830,566.55 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 Totals 353,225,666.55 353,225,666.55 0.00 16,020,254.53 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 A-1 9,028,604.79 141,569,395.21 0.94004831 9,028,604.79 A2A 6,991,549.74 105,939,450.26 0.93809008 6,991,549.74 A2B 0.00 11,987,000.00 1.00000000 0.00 M1 0.00 25,079,000.00 1.00000000 0.00 M2 0.00 18,544,000.00 1.00000000 0.00 M3 0.00 6,181,000.00 1.00000000 0.00 B1 0.00 6,181,000.00 1.00000000 0.00 B2 0.00 5,298,000.00 1.00000000 0.00 B3 0.00 4,415,000.00 1.00000000 0.00 B4 0.00 6,181,000.00 1.00000000 0.00 C 0.00 5,830,565.55 0.99999983 0.00 P 0.00 0.00 0.00000000 0.00 Totals 16,020,254.53 337,205,411.02 0.95464583 16,020,254.53
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 A-1 150,598,000.00 1000.00000000 0.00000000 59.95169119 0.00000000 A2A 112,931,000.00 1000.00000000 0.00000000 61.90992500 0.00000000 A2B 11,987,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M1 25,079,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 18,544,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 6,181,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 6,181,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 5,298,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B3 4,415,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B4 6,181,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 5,830,566.55 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 A-1 0.00000000 59.95169119 940.04830881 0.94004831 59.95169119 A2A 0.00000000 61.90992500 938.09007500 0.93809008 61.90992500 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 C 0.00000000 0.00000000 999.99982849 0.99999983 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 1.86875% 100.00 0.24 0.00 0.00 A-1 150,598,000.00 1.86875% 150,598,000.00 367,422.52 0.00 0.00 A2A 112,931,000.00 1.85875% 112,931,000.00 274,049.81 0.00 0.00 A2B 11,987,000.00 2.08875% 11,987,000.00 32,688.30 0.00 0.00 M1 25,079,000.00 2.18875% 25,079,000.00 71,664.11 0.00 0.00 M2 18,544,000.00 2.71875% 18,544,000.00 65,821.54 0.00 0.00 M3 6,181,000.00 2.91875% 6,181,000.00 23,553.26 0.00 0.00 B1 6,181,000.00 3.36875% 6,181,000.00 27,184.60 0.00 0.00 B2 5,298,000.00 3.51875% 5,298,000.00 24,338.61 0.00 0.00 B3 4,415,000.00 5.31875% 4,415,000.00 30,657.42 0.00 0.00 B4 6,181,000.00 5.31875% 6,181,000.00 42,920.39 0.00 0.00 C 5,830,566.55 0.00000% 5,830,566.55 0.00 0.00 0.00 P 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 353,225,666.55 960,300.80 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 0.24 0.00 0.00 A-1 0.00 0.00 367,422.52 0.00 141,569,395.21 A2A 0.00 0.00 274,049.81 0.00 105,939,450.26 A2B 0.00 0.00 32,688.30 0.00 11,987,000.00 M1 0.00 0.00 71,664.11 0.00 25,079,000.00 M2 0.00 0.00 65,821.54 0.00 18,544,000.00 M3 0.00 0.00 23,553.26 0.00 6,181,000.00 B1 0.00 0.00 27,184.60 0.00 6,181,000.00 B2 0.00 0.00 24,338.61 0.00 5,298,000.00 B3 0.00 0.00 30,657.42 0.00 4,415,000.00 B4 0.00 0.00 42,920.39 0.00 6,181,000.00 C 0.00 0.00 1,021,121.23 0.00 5,830,565.55 P 0.00 0.00 384,511.12 0.00 0.00 Totals 0.00 0.00 2,365,933.15 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 1.86875% 1000.00000000 2.40000000 0.00000000 0.00000000 A-1 150,598,000.00 1.86875% 1000.00000000 2.43975697 0.00000000 0.00000000 A2A 112,931,000.00 1.85875% 1000.00000000 2.42670135 0.00000000 0.00000000 A2B 11,987,000.00 2.08875% 1000.00000000 2.72697923 0.00000000 0.00000000 M1 25,079,000.00 2.18875% 1000.00000000 2.85753459 0.00000000 0.00000000 M2 18,544,000.00 2.71875% 1000.00000000 3.54947908 0.00000000 0.00000000 M3 6,181,000.00 2.91875% 1000.00000000 3.81059052 0.00000000 0.00000000 B1 6,181,000.00 3.36875% 1000.00000000 4.39809092 0.00000000 0.00000000 B2 5,298,000.00 3.51875% 1000.00000000 4.59392412 0.00000000 0.00000000 B3 4,415,000.00 5.31875% 1000.00000000 6.94392299 0.00000000 0.00000000 B4 6,181,000.00 5.31875% 1000.00000000 6.94392331 0.00000000 0.00000000 C 5,830,566.55 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 2.40000000 0.00000000 0.00000000 A-1 0.00000000 0.00000000 2.43975697 0.00000000 940.04830881 A2A 0.00000000 0.00000000 2.42670135 0.00000000 938.09007500 A2B 0.00000000 0.00000000 2.72697923 0.00000000 1000.00000000 M1 0.00000000 0.00000000 2.85753459 0.00000000 1000.00000000 M2 0.00000000 0.00000000 3.54947908 0.00000000 1000.00000000 M3 0.00000000 0.00000000 3.81059052 0.00000000 1000.00000000 B1 0.00000000 0.00000000 4.39809092 0.00000000 1000.00000000 B2 0.00000000 0.00000000 4.59392412 0.00000000 1000.00000000 B3 0.00000000 0.00000000 6.94392299 0.00000000 1000.00000000 B4 0.00000000 0.00000000 6.94392331 0.00000000 1000.00000000 C 0.00000000 0.00000000 175.13242002 0.00000000 999.99982849 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 18,494,913.67 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 38,451.36 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 18,533,365.03 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 147,177.35 Payment of Interest and Principal 18,386,187.68 Total Withdrawals (Pool Distribution Amount) 18,533,365.03 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 147,177.35 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 147,177.35
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 7 0 0 7 1,058,079.40 0.00 0.00 1,058,079.40 30 Days 32 0 0 0 32 3,956,893.87 0.00 0.00 0.00 3,956,893.87 60 Days 12 0 0 0 12 1,178,163.01 0.00 0.00 0.00 1,178,163.01 90 Days 2 0 0 0 2 602,716.77 0.00 0.00 0.00 602,716.77 120 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 46 7 0 0 53 5,737,773.65 1,058,079.40 0.00 0.00 6,795,853.05 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 0.353893% 0.000000% 0.000000% 0.353893% 0.313554% 0.000000% 0.000000% 0.313554% 30 Days 1.617796% 0.000000% 0.000000% 0.000000% 1.617796% 1.172597% 0.000000% 0.000000% 0.000000% 1.172597% 60 Days 0.606673% 0.000000% 0.000000% 0.000000% 0.606673% 0.349140% 0.000000% 0.000000% 0.000000% 0.349140% 90 Days 0.101112% 0.000000% 0.000000% 0.000000% 0.101112% 0.178611% 0.000000% 0.000000% 0.000000% 0.178611% 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 2.325581% 0.353893% 0.000000% 0.000000% 2.679474% 1.700348% 0.313554% 0.000000% 0.000000% 2.013902%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 38,451.36
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.231470% Weighted Average Net Coupon 6.731470% Weighted Average Pass-Through Rate 6.731409% Weighted Average Maturity(Stepdown Calculation ) 343 Beginning Scheduled Collateral Loan Count 2,075 Number Of Loans Paid In Full 97 Ending Scheduled Collateral Loan Count 1,978 Beginning Scheduled Collateral Balance 353,225,666.55 Ending Scheduled Collateral Balance 337,205,411.02 Ending Actual Collateral Balance at 31-Aug-2004 337,447,022.72 Monthly P &I Constant 2,386,530.58 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 257,913.13 Unscheduled Principal 15,762,341.40 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 2,342.07 Specified O/C Amount 5,828,223.48 Overcollateralized Amount 5,830,565.55 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 1,021,121.23
Miscellaneous Reporting Repurchases 0.00 Stepdown Trigger Event NO Stepup Trigger Event NO Cap Contract Payment 0
Group Level Collateral Statement Group Group A Group A Group B Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 7.733691 7.200702 7.922952 Weighted Average Net Rate 7.233691 6.700702 7.422952 Weighted Average Maturity 343 343 345 Beginning Loan Count 597 706 235 Loans Paid In Full 28 33 16 Ending Loan Count 569 673 219 Beginning Scheduled Balance 57,788,238.67 135,285,874.28 33,643,729.28 Ending scheduled Balance 55,251,000.73 128,794,407.43 32,365,203.58 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 439,405.87 906,842.62 258,432.99 Scheduled Principal 66,975.55 95,048.23 36,301.60 Unscheduled Principal 2,470,262.39 6,396,418.62 1,242,224.10 Scheduled Interest 372,430.32 811,794.39 222,131.39 Servicing Fees 24,078.43 56,369.11 14,018.22 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 348,351.89 755,425.28 208,113.17 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
Group Level Collateral Statement Group Group B Total Collateral Description Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.851067 7.231470 Weighted Average Net Rate 6.351067 6.731470 Weighted Average Maturity 345 343 Beginning Loan Count 537 2,075 Loans Paid In Full 20 97 Ending Loan Count 517 1,978 Beginning Scheduled Balance 126,507,823.32 353,225,665.55 Ending scheduled Balance 120,794,799.28 337,205,411.02 Record Date 08/31/2004 08/31/2004 Principal And Interest Constant 781,849.10 2,386,530.58 Scheduled Principal 59,587.75 257,913.13 Unscheduled Principal 5,653,436.29 15,762,341.40 Scheduled Interest 722,261.35 2,128,617.45 Servicing Fees 52,711.59 147,177.35 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 669,549.76 1,981,440.10 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
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