-----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, HhLix6a+FzWqnSeKukUyB+/WcLWaVo2u3fVQ2fIFZL6mTnIBkSUwrY+ni5k41CaR kitLk1y/O4cdkhGRhe2k5g== 0001056404-04-003271.txt : 20041004 0001056404-04-003271.hdr.sgml : 20041004 20041004092029 ACCESSION NUMBER: 0001056404-04-003271 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: Wells Fargo Mortgage Backed Securities Series 2004-R Trust CENTRAL INDEX KEY: 0001301796 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: 333-116509-08 FILM NUMBER: 041060262 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 BUSINESS PHONE: 3018468881 MAIL ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERIDK STATE: MD ZIP: 21703 8-K 1 wfm0400r_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 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2004-R Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-116509-08 54-2160300 Pooling and Servicing Agreement) (Commission 54-2160301 (State or other File Number) IRS EIN jurisdiction 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 September 27, 2004 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2004-R 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-R 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2004-R Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/30/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-R Trust, relating to the September 27, 2004 distribution. EX-99.1
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 8/31/2004 Distribution Date: 9/27/2004 WFMBS Series: 2004-R 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 94981GAD2 SEN 4.59076% 132,667,000.00 506,912.60 1,350,234.39 I-A-2 94981GAE0 SEN 4.59076% 2,444,000.00 9,338.38 24,874.10 II-A-1 94981GAF7 SEN 4.42664% 485,367,000.00 1,788,258.29 4,442,102.68 II-A-R 94981GAG5 SEN 4.42664% 25.00 0.09 25.00 II-A-LR 94981GAH3 SEN 4.42664% 25.00 0.09 25.00 B-1 94981GAJ9 SUB 4.46238% 8,337,000.00 30,964.36 2,207.00 B-2 94981GAK6 SUB 4.46238% 5,451,000.00 20,245.50 1,443.01 B-3 94981GAL4 SUB 4.46238% 2,245,000.00 8,338.13 594.30 B-4 94981GAA8 SUB 4.46238% 2,244,000.00 8,334.42 594.04 B-5 94981GAB6 SUB 4.46238% 1,283,000.00 4,765.18 339.64 B-6 94981GAC4 SUB 4.46238% 1,283,334.36 4,766.42 339.73 Totals 641,321,384.36 2,381,923.46 5,822,778.89
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 131,316,765.61 1,857,146.99 0.00 I-A-2 0.00 2,419,125.90 34,212.48 0.00 II-A-1 0.00 480,924,897.32 6,230,360.97 0.00 II-A-R 0.00 0.00 25.09 0.00 II-A-LR 0.00 0.00 25.09 0.00 B-1 0.00 8,334,793.00 33,171.36 0.00 B-2 0.00 5,449,556.99 21,688.51 0.00 B-3 0.00 2,244,405.70 8,932.43 0.00 B-4 0.00 2,243,405.96 8,928.46 0.00 B-5 0.00 1,282,660.36 5,104.82 0.00 B-6 0.00 1,282,994.63 5,106.15 0.00 Totals 0.00 635,498,605.47 8,204,702.35 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-1 132,667,000.00 132,667,000.00 11,837.29 1,338,397.10 0.00 0.00 I-A-2 2,444,000.00 2,444,000.00 218.07 24,656.04 0.00 0.00 II-A-1 485,367,000.00 485,367,000.00 152,199.91 4,289,902.77 0.00 0.00 II-A-R 25.00 25.00 0.86 24.14 0.00 0.00 II-A-LR 25.00 25.00 0.86 24.14 0.00 0.00 B-1 8,337,000.00 8,337,000.00 2,207.00 0.00 0.00 0.00 B-2 5,451,000.00 5,451,000.00 1,443.01 0.00 0.00 0.00 B-3 2,245,000.00 2,245,000.00 594.30 0.00 0.00 0.00 B-4 2,244,000.00 2,244,000.00 594.04 0.00 0.00 0.00 B-5 1,283,000.00 1,283,000.00 339.64 0.00 0.00 0.00 B-6 1,283,334.36 1,283,334.36 339.73 0.00 0.00 0.00 Totals 641,321,384.36 641,321,384.36 169,774.71 5,653,004.19 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 1,350,234.39 131,316,765.61 0.98982238 1,350,234.39 I-A-2 24,874.10 2,419,125.90 0.98982238 24,874.10 II-A-1 4,442,102.68 480,924,897.32 0.99084795 4,442,102.68 II-A-R 25.00 0.00 0.00000000 25.00 II-A-LR 25.00 0.00 0.00000000 25.00 B-1 2,207.00 8,334,793.00 0.99973528 2,207.00 B-2 1,443.01 5,449,556.99 0.99973528 1,443.01 B-3 594.30 2,244,405.70 0.99973528 594.30 B-4 594.04 2,243,405.96 0.99973528 594.04 B-5 339.64 1,282,660.36 0.99973528 339.64 B-6 339.73 1,282,994.63 0.99973528 339.73 Totals 5,822,778.89 635,498,605.47 0.99092065 5,822,778.89
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 132,667,000.00 1000.00000000 0.08922558 10.08839500 0.00000000 I-A-2 2,444,000.00 1000.00000000 0.08922668 10.08839607 0.00000000 II-A-1 485,367,000.00 1000.00000000 0.31357696 8.83847227 0.00000000 II-A-R 25.00 1000.00000000 34.40000000 965.60000000 0.00000000 II-A-LR 25.00 1000.00000000 34.40000000 965.60000000 0.00000000 B-1 8,337,000.00 1000.00000000 0.26472352 0.00000000 0.00000000 B-2 5,451,000.00 1000.00000000 0.26472390 0.00000000 0.00000000 B-3 2,245,000.00 1000.00000000 0.26472160 0.00000000 0.00000000 B-4 2,244,000.00 1000.00000000 0.26472371 0.00000000 0.00000000 B-5 1,283,000.00 1000.00000000 0.26472330 0.00000000 0.00000000 B-6 1,283,334.36 1000.00000000 0.26472446 0.00000000 0.00000000 (2) Per $1000 denomination.
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 10.17762058 989.82237942 0.98982238 10.17762058 I-A-2 0.00000000 10.17761866 989.82238134 0.98982238 10.17761866 II-A-1 0.00000000 9.15204923 990.84795077 0.99084795 9.15204923 II-A-R 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 II-A-LR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 B-1 0.00000000 0.26472352 999.73527648 0.99973528 0.26472352 B-2 0.00000000 0.26472390 999.73527610 0.99973528 0.26472390 B-3 0.00000000 0.26472160 999.73527840 0.99973528 0.26472160 B-4 0.00000000 0.26472371 999.73527629 0.99973528 0.26472371 B-5 0.00000000 0.26472330 999.73527670 0.99973528 0.26472330 B-6 0.00000000 0.26472446 999.73527554 0.99973528 0.26472446 (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-1 132,667,000.00 4.59076% 132,667,000.00 507,534.91 0.00 0.00 I-A-2 2,444,000.00 4.59076% 2,444,000.00 9,349.84 0.00 0.00 II-A-1 485,367,000.00 4.42664% 485,367,000.00 1,790,453.61 0.00 0.00 II-A-R 25.00 4.42664% 25.00 0.09 0.00 0.00 II-A-LR 25.00 4.42664% 25.00 0.09 0.00 0.00 B-1 8,337,000.00 4.46238% 8,337,000.00 31,002.37 0.00 0.00 B-2 5,451,000.00 4.46238% 5,451,000.00 20,270.35 0.00 0.00 B-3 2,245,000.00 4.46238% 2,245,000.00 8,348.37 0.00 0.00 B-4 2,244,000.00 4.46238% 2,244,000.00 8,344.65 0.00 0.00 B-5 1,283,000.00 4.46238% 1,283,000.00 4,771.03 0.00 0.00 B-6 1,283,334.36 4.46238% 1,283,334.36 4,772.27 0.00 0.00 Totals 641,321,384.36 2,384,847.58 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-1 622.30 0.00 506,912.60 0.00 131,316,765.61 I-A-2 11.46 0.00 9,338.38 0.00 2,419,125.90 II-A-1 2,195.32 0.00 1,788,258.29 0.00 480,924,897.32 II-A-R 0.00 0.00 0.09 0.00 0.00 II-A-LR 0.00 0.00 0.09 0.00 0.00 B-1 38.01 0.00 30,964.36 0.00 8,334,793.00 B-2 24.85 0.00 20,245.50 0.00 5,449,556.99 B-3 10.24 0.00 8,338.13 0.00 2,244,405.70 B-4 10.23 0.00 8,334.42 0.00 2,243,405.96 B-5 5.85 0.00 4,765.18 0.00 1,282,660.36 B-6 5.85 0.00 4,766.42 0.00 1,282,994.63 Totals 2,924.11 0.00 2,381,923.46 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-1 132,667,000.00 4.59076% 1000.00000000 3.82563041 0.00000000 0.00000000 I-A-2 2,444,000.00 4.59076% 1000.00000000 3.82563011 0.00000000 0.00000000 II-A-1 485,367,000.00 4.42664% 1000.00000000 3.68886556 0.00000000 0.00000000 II-A-R 25.00 4.42664% 1000.00000000 3.60000000 0.00000000 0.00000000 II-A-LR 25.00 4.42664% 1000.00000000 3.60000000 0.00000000 0.00000000 B-1 8,337,000.00 4.46238% 1000.00000000 3.71864819 0.00000000 0.00000000 B-2 5,451,000.00 4.46238% 1000.00000000 3.71864795 0.00000000 0.00000000 B-3 2,245,000.00 4.46238% 1000.00000000 3.71865033 0.00000000 0.00000000 B-4 2,244,000.00 4.46238% 1000.00000000 3.71864973 0.00000000 0.00000000 B-5 1,283,000.00 4.46238% 1000.00000000 3.71865160 0.00000000 0.00000000 B-6 1,283,334.36 4.46238% 1000.00000000 3.71864897 0.00000000 0.00000000 (5) All classes are per $1000 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 0.00469069 0.00000000 3.82093965 0.00000000 989.82237942 I-A-2 0.00468903 0.00000000 3.82094108 0.00000000 989.82238134 II-A-1 0.00452301 0.00000000 3.68434255 0.00000000 990.84795077 II-A-R 0.00000000 0.00000000 3.60000000 0.00000000 0.00000000 II-A-LR 0.00000000 0.00000000 3.60000000 0.00000000 0.00000000 B-1 0.00455919 0.00000000 3.71408900 0.00000000 999.73527648 B-2 0.00455880 0.00000000 3.71408916 0.00000000 999.73527610 B-3 0.00456125 0.00000000 3.71408909 0.00000000 999.73527840 B-4 0.00455882 0.00000000 3.71409091 0.00000000 999.73527629 B-5 0.00455963 0.00000000 3.71409197 0.00000000 999.73527670 B-6 0.00455844 0.00000000 3.71409054 0.00000000 999.73527554 (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 8,410,617.59 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 0.00 Total Deposits 8,410,617.59 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 137,253.77 Payment of Interest and Principal 8,204,702.35 Total Withdrawals (Pool Distribution Amount) 8,341,956.12 Ending Balance 68,661.47
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 4,466.11 Servicing Fee Support 1,542.00 Non-Supported Prepayment/Curtailment Interest Shortfall 2,924.11
SERVICING FEES Gross Servicing Fee 133,457.47 Master Servicing Fee 5,338.30 Supported Prepayment/Curtailment Interest Shortfall 1,542.00 Net Servicing Fee 137,253.77
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 3 0 0 0 3 877,471.00 0.00 0.00 0.00 877,471.00 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 3 0 0 0 3 877,471.00 0.00 0.00 0.00 877,471.00 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 0.197109% 0.000000% 0.000000% 0.000000% 0.197109% 0.140038% 0.000000% 0.000000% 0.000000% 0.140038% 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 0.197109% 0.000000% 0.000000% 0.000000% 0.197109% 0.140038% 0.000000% 0.000000% 0.000000% 0.140038%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 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 3 0 0 0 3 877,471.00 0.00 0.00 0.00 877,471.00 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 3 0 0 0 3 877,471.00 0.00 0.00 0.00 877,471.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.480000% 0.000000% 0.000000% 0.000000% 0.480000% 0.633766% 0.000000% 0.000000% 0.000000% 0.633766% 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 0.480000% 0.000000% 0.000000% 0.000000% 0.480000% 0.633766% 0.000000% 0.000000% 0.000000% 0.633766% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 98,428.93
COLLATERAL STATEMENT Collateral Description 5/1 CMT ARM Weighted Average Gross Coupon 4.721952% Weighted Average Net Coupon 4.461952% Weighted Average Pass-Through Rate 4.461952% Weighted Average Maturity(Stepdown Calculation ) 358 Beginning Scheduled Collateral Loan Count 1,535 Number Of Loans Paid In Full 13 Ending Scheduled Collateral Loan Count 1,522 Beginning Scheduled Collateral Balance 641,321,384.36 Ending Scheduled Collateral Balance 635,498,605.45 Ending Actual Collateral Balance at 31-Aug-2004 626,594,027.93 Monthly P &I Constant 2,692,363.05 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending scheduled Balance For discounted Loans 635,498,605.45 Scheduled Principal 169,774.71 Unscheduled Principal 5,653,004.20 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 619,643,920.67 Greater Than 80%, less than or equal to 85% 2,729,404.95 Greater than 85%, less than or equal to 95% 12,199,700.22 Greater than 95% 919,827.59
Group Level Collateral Statement Group 1 2 Total Collateral Description 5/1 CMT ARM 5/1 CMT ARM 5/1 CMT ARM Weighted Average Coupon Rate 4.850744 4.686051 4.721952 Weighted Average Net Rate 4.590744 4.426051 4.461952 Weighted Average Maturity 358 358 358 Beginning Loan Count 630 905 1,535 Loans Paid In Full 5 8 13 Ending Loan Count 625 897 1,522 Beginning Scheduled Balance 139,649,970.00 501,671,415.00 641,321,385.00 Ending scheduled Balance 138,274,456.18 497,224,149.27 635,498,605.45 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 577,157.01 2,115,206.04 2,692,363.05 Scheduled Principal 12,460.35 157,314.36 169,774.71 Unscheduled Principal 1,363,053.14 4,289,951.06 5,653,004.20 Scheduled Interest 564,478.63 1,956,240.56 2,520,719.19 Servicing Fees 29,092.37 104,365.10 133,457.47 Master Servicing Fees 1,163.70 4,174.60 5,338.30 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 534,222.56 1,847,700.86 2,381,923.42 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
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