-----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, CEBqTm6TT9H0qnBeF2gj7sCZd6O8hLtiJML1gO6qVbOmWrr4SWruHtxUlNx9IHmt Sa9HoVSrz2kMpG5mzxi7jw== 0001056404-04-003258.txt : 20041004 0001056404-04-003258.hdr.sgml : 20041004 20041004082151 ACCESSION NUMBER: 0001056404-04-003258 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: First Franklin Mortgage Loan Trust 2004-FF7 CENTRAL INDEX KEY: 0001301923 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: 333-115858-11 FILM NUMBER: 041060166 BUSINESS ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 BUSINESS PHONE: 2125267000 MAIL ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 8-K 1 ffm04ff7_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 FIRST FRANKLIN MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-FF7 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-115858-11 Pooling and Servicing Agreement) (Commission 54-6636533 (State or other File Number) 54-6636534 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 September 27, 2004 a distribution was made to holders of FIRST FRANKLIN MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2004-FF7 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-FF7 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. FIRST FRANKLIN MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-FF7 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trust Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/29/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-FF7 Trust, relating to the September 27, 2004 distribution. EX-99.1
First Franklin Mortgage Loan Trust Mortgage Pass-Through Certificates Record Date: 8/31/2004 Distribution Date: 9/27/2004 FFM Series: 2004-FF7 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 32027NKV2 SEN 1.93500% 804,107,000.00 1,426,284.79 3,257,274.87 A2 32027NKW0 SEN 1.84500% 184,625,000.00 312,247.03 1,599,751.98 A3 32027NKX8 SEN 1.76500% 189,661,000.00 306,855.69 2,360,822.33 A4 32027NKY6 SEN 1.91500% 82,798,000.00 145,344.99 0.00 A5 32027NKZ3 SEN 2.11500% 102,642,000.00 198,997.18 0.00 M1 32027NLA7 MEZ 2.19500% 74,249,000.00 149,395.18 0.00 M2 32027NLB5 MEZ 2.40500% 35,170,000.00 77,535.20 0.00 M3 32027NLC3 MEZ 2.66500% 15,631,000.00 38,185.23 0.00 M4 32027NLD1 MEZ 2.81500% 15,631,000.00 40,334.49 0.00 M5 32027NLE9 MEZ 3.06500% 11,723,000.00 32,936.75 0.00 M6 32027NLF6 MEZ 3.21500% 7,816,000.00 23,034.40 0.00 M7 32027NLG4 MEZ 3.61500% 6,253,000.00 20,720.88 0.00 M8 32027NLH2 MEZ 4.11500% 9,379,000.00 35,378.37 0.00 M9 32027NLJ8 MEZ 4.11500% 7,816,000.00 29,482.60 0.00 B 32027NLK5 SUB 5.00000% 11,723,000.00 48,845.83 0.00 X FFM04FF7C SEN 0.00000% 3,908,227.06 4,314,601.36 0.00 P FFM04FF7P SEN 0.00000% 100.00 59,611.48 0.00 R FFM4FF7R2 RES 0.00000% 0.00 0.00 0.00 Totals 1,563,132,327.06 7,259,791.45 7,217,849.18
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 800,849,725.13 4,683,559.66 0.00 A2 0.00 183,025,248.02 1,911,999.01 0.00 A3 0.00 187,300,177.67 2,667,678.02 0.00 A4 0.00 82,798,000.00 145,344.99 0.00 A5 0.00 102,642,000.00 198,997.18 0.00 M1 0.00 74,249,000.00 149,395.18 0.00 M2 0.00 35,170,000.00 77,535.20 0.00 M3 0.00 15,631,000.00 38,185.23 0.00 M4 0.00 15,631,000.00 40,334.49 0.00 M5 0.00 11,723,000.00 32,936.75 0.00 M6 0.00 7,816,000.00 23,034.40 0.00 M7 0.00 6,253,000.00 20,720.88 0.00 M8 0.00 9,379,000.00 35,378.37 0.00 M9 0.00 7,816,000.00 29,482.60 0.00 B 0.00 11,723,000.00 48,845.83 0.00 X 0.00 3,908,227.06 4,314,601.36 0.00 P 0.00 100.00 59,611.48 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 1,555,914,477.88 14,477,640.63 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 804,107,000.00 804,107,000.00 270,386.53 2,986,888.34 0.00 0.00 A2 184,625,000.00 184,625,000.00 132,795.48 1,466,956.50 0.00 0.00 A3 189,661,000.00 189,661,000.00 195,971.96 2,164,850.37 0.00 0.00 A4 82,798,000.00 82,798,000.00 0.00 0.00 0.00 0.00 A5 102,642,000.00 102,642,000.00 0.00 0.00 0.00 0.00 M1 74,249,000.00 74,249,000.00 0.00 0.00 0.00 0.00 M2 35,170,000.00 35,170,000.00 0.00 0.00 0.00 0.00 M3 15,631,000.00 15,631,000.00 0.00 0.00 0.00 0.00 M4 15,631,000.00 15,631,000.00 0.00 0.00 0.00 0.00 M5 11,723,000.00 11,723,000.00 0.00 0.00 0.00 0.00 M6 7,816,000.00 7,816,000.00 0.00 0.00 0.00 0.00 M7 6,253,000.00 6,253,000.00 0.00 0.00 0.00 0.00 M8 9,379,000.00 9,379,000.00 0.00 0.00 0.00 0.00 M9 7,816,000.00 7,816,000.00 0.00 0.00 0.00 0.00 B 11,723,000.00 11,723,000.00 0.00 0.00 0.00 0.00 X 3,908,227.06 3,908,227.06 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,563,132,327.06 1,563,132,327.06 599,153.97 6,618,695.21 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 3,257,274.87 800,849,725.13 0.99594920 3,257,274.87 A2 1,599,751.98 183,025,248.02 0.99133513 1,599,751.98 A3 2,360,822.33 187,300,177.67 0.98755241 2,360,822.33 A4 0.00 82,798,000.00 1.00000000 0.00 A5 0.00 102,642,000.00 1.00000000 0.00 M1 0.00 74,249,000.00 1.00000000 0.00 M2 0.00 35,170,000.00 1.00000000 0.00 M3 0.00 15,631,000.00 1.00000000 0.00 M4 0.00 15,631,000.00 1.00000000 0.00 M5 0.00 11,723,000.00 1.00000000 0.00 M6 0.00 7,816,000.00 1.00000000 0.00 M7 0.00 6,253,000.00 1.00000000 0.00 M8 0.00 9,379,000.00 1.00000000 0.00 M9 0.00 7,816,000.00 1.00000000 0.00 B 0.00 11,723,000.00 1.00000000 0.00 X 0.00 3,908,227.06 1.00000000 0.00 P 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 7,217,849.18 1,555,914,477.88 0.99538245 7,217,849.18
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 804,107,000.00 1000.00000000 0.33625690 3.71454090 0.00000000 A2 184,625,000.00 1000.00000000 0.71927139 7.94560054 0.00000000 A3 189,661,000.00 1000.00000000 1.03327495 11.41431486 0.00000000 A4 82,798,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A5 102,642,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M1 74,249,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 35,170,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 15,631,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 15,631,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5 11,723,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M6 7,816,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M7 6,253,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M8 9,379,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M9 7,816,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 11,723,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 3,908,227.06 1000.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per $1,000 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 4.05079780 995.94920220 0.99594920 4.05079780 A2 0.00000000 8.66487193 991.33512807 0.99133513 8.66487193 A3 0.00000000 12.44758980 987.55241020 0.98755241 12.44758980 A4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A5 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 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 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 804,107,000.00 1.93500% 804,107,000.00 1,426,284.79 0.00 0.00 A2 184,625,000.00 1.84500% 184,625,000.00 312,247.03 0.00 0.00 A3 189,661,000.00 1.76500% 189,661,000.00 306,855.69 0.00 0.00 A4 82,798,000.00 1.91500% 82,798,000.00 145,344.99 0.00 0.00 A5 102,642,000.00 2.11500% 102,642,000.00 198,997.18 0.00 0.00 M1 74,249,000.00 2.19500% 74,249,000.00 149,395.18 0.00 0.00 M2 35,170,000.00 2.40500% 35,170,000.00 77,535.20 0.00 0.00 M3 15,631,000.00 2.66500% 15,631,000.00 38,185.23 0.00 0.00 M4 15,631,000.00 2.81500% 15,631,000.00 40,334.49 0.00 0.00 M5 11,723,000.00 3.06500% 11,723,000.00 32,936.75 0.00 0.00 M6 7,816,000.00 3.21500% 7,816,000.00 23,034.40 0.00 0.00 M7 6,253,000.00 3.61500% 6,253,000.00 20,720.88 0.00 0.00 M8 9,379,000.00 4.11500% 9,379,000.00 35,378.37 0.00 0.00 M9 7,816,000.00 4.11500% 7,816,000.00 29,482.60 0.00 0.00 B 11,723,000.00 5.00000% 11,723,000.00 48,845.83 0.00 0.00 X 3,908,227.06 0.00000% 3,908,227.06 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,563,132,327.06 2,885,578.61 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 1,426,284.79 0.00 800,849,725.13 A2 0.00 0.00 312,247.03 0.00 183,025,248.02 A3 0.00 0.00 306,855.69 0.00 187,300,177.67 A4 0.00 0.00 145,344.99 0.00 82,798,000.00 A5 0.00 0.00 198,997.18 0.00 102,642,000.00 M1 0.00 0.00 149,395.18 0.00 74,249,000.00 M2 0.00 0.00 77,535.20 0.00 35,170,000.00 M3 0.00 0.00 38,185.23 0.00 15,631,000.00 M4 0.00 0.00 40,334.49 0.00 15,631,000.00 M5 0.00 0.00 32,936.75 0.00 11,723,000.00 M6 0.00 0.00 23,034.40 0.00 7,816,000.00 M7 0.00 0.00 20,720.88 0.00 6,253,000.00 M8 0.00 0.00 35,378.37 0.00 9,379,000.00 M9 0.00 0.00 29,482.60 0.00 7,816,000.00 B 0.00 0.00 48,845.83 0.00 11,723,000.00 X 0.00 0.00 4,314,601.36 0.00 3,908,227.06 P 0.00 0.00 59,611.48 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 7,259,791.45 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 804,107,000.00 1.93500% 1000.00000000 1.77375000 0.00000000 0.00000000 A2 184,625,000.00 1.84500% 1000.00000000 1.69124999 0.00000000 0.00000000 A3 189,661,000.00 1.76500% 1000.00000000 1.61791665 0.00000000 0.00000000 A4 82,798,000.00 1.91500% 1000.00000000 1.75541668 0.00000000 0.00000000 A5 102,642,000.00 2.11500% 1000.00000000 1.93875002 0.00000000 0.00000000 M1 74,249,000.00 2.19500% 1000.00000000 2.01208340 0.00000000 0.00000000 M2 35,170,000.00 2.40500% 1000.00000000 2.20458345 0.00000000 0.00000000 M3 15,631,000.00 2.66500% 1000.00000000 2.44291664 0.00000000 0.00000000 M4 15,631,000.00 2.81500% 1000.00000000 2.58041648 0.00000000 0.00000000 M5 11,723,000.00 3.06500% 1000.00000000 2.80958372 0.00000000 0.00000000 M6 7,816,000.00 3.21500% 1000.00000000 2.94708291 0.00000000 0.00000000 M7 6,253,000.00 3.61500% 1000.00000000 3.31375020 0.00000000 0.00000000 M8 9,379,000.00 4.11500% 1000.00000000 3.77208338 0.00000000 0.00000000 M9 7,816,000.00 4.11500% 1000.00000000 3.77208291 0.00000000 0.00000000 B 11,723,000.00 5.00000% 1000.00000000 4.16666638 0.00000000 0.00000000 X 3,908,227.06 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All classes are per $1,000 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 1.77375000 0.00000000 995.94920220 A2 0.00000000 0.00000000 1.69124999 0.00000000 991.33512807 A3 0.00000000 0.00000000 1.61791665 0.00000000 987.55241020 A4 0.00000000 0.00000000 1.75541668 0.00000000 1000.00000000 A5 0.00000000 0.00000000 1.93875002 0.00000000 1000.00000000 M1 0.00000000 0.00000000 2.01208340 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.20458345 0.00000000 1000.00000000 M3 0.00000000 0.00000000 2.44291664 0.00000000 1000.00000000 M4 0.00000000 0.00000000 2.58041648 0.00000000 1000.00000000 M5 0.00000000 0.00000000 2.80958372 0.00000000 1000.00000000 M6 0.00000000 0.00000000 2.94708291 0.00000000 1000.00000000 M7 0.00000000 0.00000000 3.31375020 0.00000000 1000.00000000 M8 0.00000000 0.00000000 3.77208338 0.00000000 1000.00000000 M9 0.00000000 0.00000000 3.77208291 0.00000000 1000.00000000 B 0.00000000 0.00000000 4.16666638 0.00000000 1000.00000000 X 0.00000000 0.00000000 1103.97919409 0.00000000 1000.00000000 P 0.00000000 0.00000000 596114.80000000 0.00000000 1000.00000000 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 15,606,285.66 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 15,606,285.66 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 1,128,645.03 Payment of Interest and Principal 14,477,640.63 Total Withdrawals (Pool Distribution Amount) 15,606,285.66 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 651,305.14 Credit Risk Manager's Fee 19,539.15 PMI Insurance Premium Fee 456,498.13 Wells Fargo Bank, NA 1,302.61 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 1,128,645.03
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Basis Risk Reserve Fund 1,000.00 0.00 0.00 1,000.00 Cap Agreement 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 190 0 0 0 190 31,745,433.83 0.00 0.00 0.00 31,745,433.83 60 Days 13 0 0 0 13 1,732,399.68 0.00 0.00 0.00 1,732,399.68 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 203 0 0 0 203 33,477,833.51 0.00 0.00 0.00 33,477,833.51 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 2.645503% 0.000000% 0.000000% 0.000000% 2.645503% 2.039678% 0.000000% 0.000000% 0.000000% 2.039678% 60 Days 0.181008% 0.000000% 0.000000% 0.000000% 0.181008% 0.111309% 0.000000% 0.000000% 0.000000% 0.111309% 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 2.826511% 0.000000% 0.000000% 0.000000% 2.826511% 2.150987% 0.000000% 0.000000% 0.000000% 2.150987%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1(A) 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 11 0 0 0 11 1,306,815.84 0.00 0.00 0.00 1,306,815.84 60 Days 1 0 0 0 1 119,200.00 0.00 0.00 0.00 119,200.00 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 12 0 0 0 12 1,426,015.84 0.00 0.00 0.00 1,426,015.84 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.622419% 0.000000% 0.000000% 0.000000% 1.622419% 1.415342% 0.000000% 0.000000% 0.000000% 1.415342% 60 Days 0.147493% 0.000000% 0.000000% 0.000000% 0.147493% 0.129099% 0.000000% 0.000000% 0.000000% 0.129099% 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 1.769912% 0.000000% 0.000000% 0.000000% 1.769912% 1.544441% 0.000000% 0.000000% 0.000000% 1.544441% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1(B) 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 137 0 0 0 137 20,751,199.10 0.00 0.00 0.00 20,751,199.10 60 Days 6 0 0 0 6 688,050.00 0.00 0.00 0.00 688,050.00 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 143 0 0 0 143 21,439,249.10 0.00 0.00 0.00 21,439,249.10 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.931736% 0.000000% 0.000000% 0.000000% 2.931736% 2.511216% 0.000000% 0.000000% 0.000000% 2.511216% 60 Days 0.128397% 0.000000% 0.000000% 0.000000% 0.128397% 0.083265% 0.000000% 0.000000% 0.000000% 0.083265% 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 3.060133% 0.000000% 0.000000% 0.000000% 3.060133% 2.594480% 0.000000% 0.000000% 0.000000% 2.594480% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2(A) 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 13 0 0 0 13 1,341,103.02 0.00 0.00 0.00 1,341,103.02 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 13 0 0 0 13 1,341,103.02 0.00 0.00 0.00 1,341,103.02 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.561644% 0.000000% 0.000000% 0.000000% 3.561644% 1.624694% 0.000000% 0.000000% 0.000000% 1.624694% 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 3.561644% 0.000000% 0.000000% 0.000000% 3.561644% 1.624694% 0.000000% 0.000000% 0.000000% 1.624694% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2(B) 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 29 0 0 0 29 8,346,315.87 0.00 0.00 0.00 8,346,315.87 60 Days 6 0 0 0 6 925,149.68 0.00 0.00 0.00 925,149.68 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 35 0 0 0 35 9,271,465.55 0.00 0.00 0.00 9,271,465.55 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.978172% 0.000000% 0.000000% 0.000000% 1.978172% 1.503363% 0.000000% 0.000000% 0.000000% 1.503363% 60 Days 0.409277% 0.000000% 0.000000% 0.000000% 0.409277% 0.166641% 0.000000% 0.000000% 0.000000% 0.166641% 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 2.387449% 0.000000% 0.000000% 0.000000% 2.387449% 1.670004% 0.000000% 0.000000% 0.000000% 1.670004%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00
COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 6.393950% Weighted Average Net Coupon 5.893950% Weighted Average Pass-Through Rate 5.542501% Weighted Average Maturity(Stepdown Calculation ) 357 Beginning Scheduled Collateral Loan Count 7,205 Number Of Loans Paid In Full 23 Ending Scheduled Collateral Loan Count 7,182 Beginning Scheduled Collateral Balance 1,563,132,327.06 Ending Scheduled Collateral Balance 1,555,914,477.88 Ending Actual Collateral Balance at 31-Aug-2004 1,556,394,215.79 Monthly P &I Constant 8,927,978.48 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 599,153.97 Unscheduled Principal 6,618,695.21
Miscellaneous Reporting Monthly Excess Cashflow 4,314,601.36 Overcollateralization Amount 3,908,327.06 Overcollateralization Deficiency 0.00 Overcollateralization Increase 0.00 Overcollateralization Reduction 0.00 Targeted Overcollateralization Amount 3,908,327.06 Stepdown Date NO Trigger Event NO Cap Payment 0
Group Level Collateral Statement Group 1(A) 1(B) 2(A) Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 7.017099 6.425789 7.013942 Weighted Average Net Rate 6.517099 5.925898 6.513942 Weighted Average Maturity 356 356 357 Beginning Loan Count 678 4,688 365 Loans Paid In Full 0 15 0 Ending Loan Count 678 4,673 365 Beginning Scheduled Balance 92,365,812.58 829,426,509.97 82,568,503.71 Ending scheduled Balance 92,264,677.44 826,090,370.24 82,494,522.96 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 627,261.62 4,744,445.35 552,717.69 Scheduled Principal 87,144.94 303,975.81 70,108.80 Unscheduled Principal 13,990.20 2,852,163.92 3,871.95 Scheduled Interest 540,116.68 4,440,469.54 482,608.89 Servicing Fees 38,485.76 345,519.38 34,403.54 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 76.97 691.04 68.81 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 37,627.02 266,000.62 18,668.29 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 463,926.93 3,828,258.50 429,468.25 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 6.027255 5.539861 6.241628
Group Level Collateral Statement Group 2(B) Total Collateral Description Mixed ARM Fixed & Mixed ARM Weighted Average Coupon Rate 6.152153 6.393950 Weighted Average Net Rate 5.652153 5.893950 Weighted Average Maturity 357 357 Beginning Loan Count 1,474 7,205 Loans Paid In Full 8 23 Ending Loan Count 1,466 7,182 Beginning Scheduled Balance 558,951,500.80 1,563,312,327.06 Ending scheduled Balance 555,064,907.24 1,555,914,477.88 Record Date 08/31/2004 08/31/2004 Principal And Interest Constant 3,003,553.82 8,927,978.48 Scheduled Principal 137,924.42 599,153.97 Unscheduled Principal 3,748,669.14 6,618,695.21 Scheduled Interest 2,865,629.40 8,328,824.51 Servicing Fees 232,896.46 651,305.14 Master Servicing Fees 0.00 0.00 Trustee Fee 465.79 1,302.61 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 134,202.20 456,498.13 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 2,498,064.95 7,219,718.63 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 5.363038 5.542501
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