-----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, Kt+7PisPM693Ty8vdqZimykdvGaybL/0TGMn57TUVvLipvydaAFULj6DmCo08VNd BBCXJoSg9zZpW9pO2secxg== 0001056404-05-001443.txt : 20050329 0001056404-05-001443.hdr.sgml : 20050329 20050329171520 ACCESSION NUMBER: 0001056404-05-001443 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041227 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050329 DATE AS OF CHANGE: 20050329 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] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 333-112231-16 FILM NUMBER: 05710483 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/A 1 mlm04fm1_10412.txt DECEMBER 8KA UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K/A CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 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 54-6636566 (State or other File Number) 54-6637661 jurisdiction 54-6637662 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 Subsequent to filing the 8-K relating to the payment date on December 27, 2004, a revision was made to the MERRILL LYNCH MORTGAGE INVESTORS, INC., Mortgage Loan Asset-Backed Certificates, Series 2004-FM1 which was not included in the original 8-K filed. The 8-K is being amended because the PPP was left off of collateral entry screen. The report has been reposted with PPP's added. This revision was not previously disclosed in a 1934 Act filing. The revised data has been and will continue to be available on the Wells Fargo Bank, website at www.ctslink.com. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Amended monthly report distributed to holders of Mortgage Loan Asset-Backed Certificates, Series 2004-FM1 Trust, relating to the December 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: 3/29/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Amended monthly report distributed to holders of Mortgage Loan Asset-Backed Certificates, Series 2004-FM1 Trust, relating to the December 27, 2004 distribution. EX-99.1
Merrill Lynch Mortgage Loans, Inc. Mortgage Loan Asset-Backed Certificates Record Date: 11/30/2004 Distribution Date: 12/27/2004 Merrill Lynch Mortgage Loans, Inc. Mortgage Loan Asset-Backed Certificates 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 2.48000% 0.00 0.00 0.00 A-1 59020UFS9 SEN 2.48000% 130,428,400.05 278,537.09 7,425,091.27 A2A 59020UFT7 SEN 2.47000% 96,390,044.58 205,016.27 6,422,353.06 A2B 59020UFU4 SEN 2.70000% 11,987,000.00 27,869.78 0.00 M1 59020UFV2 SUB 2.80000% 25,079,000.00 60,468.26 0.00 M2 59020UFW0 SUB 3.33000% 18,544,000.00 53,174.92 0.00 M3 59020UFX8 SUB 3.53000% 6,181,000.00 18,788.52 0.00 B1 59020UFY6 SUB 3.98000% 6,181,000.00 21,183.66 0.00 B2 59020UFZ3 SUB 4.13000% 5,298,000.00 18,841.75 0.00 B3 59020UGA7 SUB 5.93000% 4,415,000.00 22,544.71 0.00 B4 59020UGB5 SUB 5.93000% 6,181,000.00 31,562.59 0.00 C 59020UGE9 SUB 0.00000% 5,828,223.00 1,027,333.64 0.00 P 59020UGD1 SUB 0.00000% 0.00 326,745.21 0.00 Totals 316,512,667.63 2,092,066.40 13,847,444.33
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses R 0.00 0.00 0.00 0.00 A-1 0.00 123,003,308.05 7,703,628.36 0.00 A2A 0.00 89,967,691.93 6,627,369.33 0.00 A2B 0.00 11,987,000.00 27,869.78 0.00 M1 0.00 25,079,000.00 60,468.26 0.00 M2 0.00 18,544,000.00 53,174.92 0.00 M3 0.00 6,181,000.00 18,788.52 0.00 B1 0.00 6,181,000.00 21,183.66 0.00 B2 0.00 5,298,000.00 18,841.75 0.00 B3 0.00 4,415,000.00 22,544.71 0.00 B4 0.00 6,181,000.00 31,562.59 0.00 C 0.00 5,828,223.00 1,027,333.64 0.00 P 0.00 0.00 326,745.21 0.00 Totals 0.00 302,665,222.98 15,939,510.73 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 0.00 0.00 0.00 0.00 0.00 A-1 150,598,000.00 130,428,400.05 0.00 7,425,091.27 0.00 0.00 A2A 112,931,000.00 96,390,044.58 0.00 6,422,353.06 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 5,828,223.00 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 Totals 353,225,666.55 316,512,667.63 0.00 13,847,444.33 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 0.00 0.00 0.00000000 0.00 A-1 7,425,091.27 123,003,308.05 0.81676588 7,425,091.27 A2A 6,422,353.06 89,967,691.93 0.79666072 6,422,353.06 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 5,828,223.00 0.99959806 0.00 P 0.00 0.00 0.00000000 0.00 Totals 13,847,444.33 302,665,222.98 0.85686079 13,847,444.33
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 A-1 150,598,000.00 866.06993486 0.00000000 49.30404966 0.00000000 A2A 112,931,000.00 853.53042637 0.00000000 56.86970858 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 5,830,566.55 999.59805793 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 0.00000000 0.00000000 0.00000000 0.00000000 A-1 0.00000000 49.30404966 816.76588036 0.81676588 49.30404966 A2A 0.00000000 56.86970858 796.66072141 0.79666072 56.86970858 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 999.59805793 0.99959806 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 2.48000% 0.00 0.00 0.00 0.00 A-1 150,598,000.00 2.48000% 130,428,400.05 278,537.09 0.00 0.00 A2A 112,931,000.00 2.47000% 96,390,044.58 205,016.27 0.00 0.00 A2B 11,987,000.00 2.70000% 11,987,000.00 27,869.78 0.00 0.00 M1 25,079,000.00 2.80000% 25,079,000.00 60,468.26 0.00 0.00 M2 18,544,000.00 3.33000% 18,544,000.00 53,174.92 0.00 0.00 M3 6,181,000.00 3.53000% 6,181,000.00 18,788.52 0.00 0.00 B1 6,181,000.00 3.98000% 6,181,000.00 21,183.66 0.00 0.00 B2 5,298,000.00 4.13000% 5,298,000.00 18,841.75 0.00 0.00 B3 4,415,000.00 5.93000% 4,415,000.00 22,544.71 0.00 0.00 B4 6,181,000.00 5.93000% 6,181,000.00 31,562.59 0.00 0.00 C 5,830,566.55 0.00000% 5,828,223.00 0.00 0.00 0.00 P 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 353,225,666.55 737,987.55 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 0.00 0.00 0.00 A-1 0.00 0.00 278,537.09 0.00 123,003,308.05 A2A 0.00 0.00 205,016.27 0.00 89,967,691.93 A2B 0.00 0.00 27,869.78 0.00 11,987,000.00 M1 0.00 0.00 60,468.26 0.00 25,079,000.00 M2 0.00 0.00 53,174.92 0.00 18,544,000.00 M3 0.00 0.00 18,788.52 0.00 6,181,000.00 B1 0.00 0.00 21,183.66 0.00 6,181,000.00 B2 0.00 0.00 18,841.75 0.00 5,298,000.00 B3 0.00 0.00 22,544.71 0.00 4,415,000.00 B4 0.00 0.00 31,562.59 0.00 6,181,000.00 C 0.00 0.00 1,027,333.64 0.00 5,828,223.00 P 0.00 0.00 326,745.21 0.00 0.00 Totals 0.00 0.00 2,092,066.40 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 2.48000% 0.00000000 0.00000000 0.00000000 0.00000000 A-1 150,598,000.00 2.48000% 866.06993486 1.84954043 0.00000000 0.00000000 A2A 112,931,000.00 2.47000% 853.53042637 1.81541180 0.00000000 0.00000000 A2B 11,987,000.00 2.70000% 1000.00000000 2.32500042 0.00000000 0.00000000 M1 25,079,000.00 2.80000% 1000.00000000 2.41111129 0.00000000 0.00000000 M2 18,544,000.00 3.33000% 1000.00000000 2.86750000 0.00000000 0.00000000 M3 6,181,000.00 3.53000% 1000.00000000 3.03972173 0.00000000 0.00000000 B1 6,181,000.00 3.98000% 1000.00000000 3.42722213 0.00000000 0.00000000 B2 5,298,000.00 4.13000% 1000.00000000 3.55638920 0.00000000 0.00000000 B3 4,415,000.00 5.93000% 1000.00000000 5.10638958 0.00000000 0.00000000 B4 6,181,000.00 5.93000% 1000.00000000 5.10638893 0.00000000 0.00000000 C 5,830,566.55 0.00000% 999.59805793 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 0.00000000 0.00000000 0.00000000 A-1 0.00000000 0.00000000 1.84954043 0.00000000 816.76588036 A2A 0.00000000 0.00000000 1.81541180 0.00000000 796.66072141 A2B 0.00000000 0.00000000 2.32500042 0.00000000 1000.00000000 M1 0.00000000 0.00000000 2.41111129 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.86750000 0.00000000 1000.00000000 M3 0.00000000 0.00000000 3.03972173 0.00000000 1000.00000000 B1 0.00000000 0.00000000 3.42722213 0.00000000 1000.00000000 B2 0.00000000 0.00000000 3.55638920 0.00000000 1000.00000000 B3 0.00000000 0.00000000 5.10638958 0.00000000 1000.00000000 B4 0.00000000 0.00000000 5.10638893 0.00000000 1000.00000000 C 0.00000000 0.00000000 176.19790996 0.00000000 999.59805793 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 16,057,724.71 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 113,681.44 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 16,171,406.15 Withdrawals Reimbursement for Servicer Advances 100,015.15 Payment of Service Fee 131,880.27 Payment of Interest and Principal 15,939,510.73 Total Withdrawals (Pool Distribution Amount) 16,171,406.15 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 131,880.27 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 131,880.27
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 5 0 0 5 671,559.27 0.00 0.00 671,559.27 30 Days 54 1 0 0 55 8,132,853.04 394,668.92 0.00 0.00 8,527,521.96 60 Days 19 1 0 0 20 2,669,623.48 27,798.75 0.00 0.00 2,697,422.23 90 Days 5 0 10 0 15 462,926.89 0.00 1,663,503.11 0.00 2,126,430.00 120 Days 2 1 5 0 8 115,920.40 134,589.42 1,101,672.10 0.00 1,352,181.92 150 Days 1 0 1 0 2 5,966.71 0.00 103,062.65 0.00 109,029.36 180+ Days 0 0 2 0 2 0.00 0.00 502,918.72 0.00 502,918.72 Totals 81 8 18 0 107 11,387,290.52 1,228,616.36 3,371,156.58 0.00 15,987,063.46 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 0.282008% 0.000000% 0.000000% 0.282008% 0.221696% 0.000000% 0.000000% 0.221696% 30 Days 3.045685% 0.056402% 0.000000% 0.000000% 3.102087% 2.684823% 0.130288% 0.000000% 0.000000% 2.815111% 60 Days 1.071630% 0.056402% 0.000000% 0.000000% 1.128032% 0.881298% 0.009177% 0.000000% 0.000000% 0.890475% 90 Days 0.282008% 0.000000% 0.564016% 0.000000% 0.846024% 0.152822% 0.000000% 0.549157% 0.000000% 0.701978% 120 Days 0.112803% 0.056402% 0.282008% 0.000000% 0.451213% 0.038268% 0.044431% 0.363685% 0.000000% 0.446383% 150 Days 0.056402% 0.000000% 0.056402% 0.000000% 0.112803% 0.001970% 0.000000% 0.034023% 0.000000% 0.035993% 180+ Days 0.000000% 0.000000% 0.112803% 0.000000% 0.112803% 0.000000% 0.000000% 0.166024% 0.000000% 0.166024% Totals 4.568528% 0.451213% 1.015228% 0.000000% 6.034969% 3.759180% 0.405592% 1.112888% 0.000000% 5.277659%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 113,681.44
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.193024% Weighted Average Net Coupon 6.693024% Weighted Average Pass-Through Rate 6.693024% Weighted Average Maturity(Stepdown Calculation ) 340 Beginning Scheduled Collateral Loan Count 1,855 Number Of Loans Paid In Full 82 Ending Scheduled Collateral Loan Count 1,773 Beginning Scheduled Collateral Balance 316,512,667.63 Ending Scheduled Collateral Balance 302,665,222.98 Ending Actual Collateral Balance at 30-Nov-2004 302,919,573.79 Monthly P &I Constant 2,131,515.42 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 234,279.38 Unscheduled Principal 13,613,165.27 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 5,828,223.48 Overcollateralized Amount 5,828,223.00 Overcollateralized Deficiency Amount 0.48 Base Overcollateralized Amount 0.00 Extra principal distribution Amount (0.32) Excess Cash Amount 1,027,333.32
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 7.676189 7.204834 7.780437 Weighted Average Net Rate 7.176189 6.704834 7.280438 Weighted Average Maturity 340 340 342 Beginning Loan Count 529 637 201 Loans Paid In Full 19 31 7 Ending Loan Count 510 606 194 Beginning Scheduled Balance 51,578,471.85 121,324,470.06 29,984,955.14 Ending scheduled Balance 50,600,171.22 114,877,679.25 29,484,010.97 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 391,662.05 814,580.03 227,100.50 Scheduled Principal 61,723.62 86,144.49 32,687.11 Unscheduled Principal 916,577.01 6,360,646.32 468,257.06 Scheduled Interest 329,938.43 728,435.54 194,413.39 Servicing Fees 21,491.03 50,551.86 12,493.73 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 308,447.40 677,883.68 181,919.66 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 7.176189 6.704834 7.280437
Group Level Collateral Statement Group Group B Total Collateral Description Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.806072 7.193024 Weighted Average Net Rate 6.306072 6.693024 Weighted Average Maturity 342 340 Beginning Loan Count 488 1,855 Loans Paid In Full 25 82 Ending Loan Count 463 1,773 Beginning Scheduled Balance 113,624,770.58 316,512,667.63 Ending scheduled Balance 107,703,361.54 302,665,222.98 Record Date 11/30/2004 11/30/2004 Principal And Interest Constant 698,172.84 2,131,515.42 Scheduled Principal 53,724.16 234,279.38 Unscheduled Principal 5,867,684.88 13,613,165.27 Scheduled Interest 644,448.68 1,897,236.04 Servicing Fees 47,343.65 131,880.27 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 597,105.03 1,765,355.77 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 6.306072 6.693024
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