-----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, JcFoJomtMQjw11/k+qwF7Ru+2odo9q2XMqzCWgUpf5lTmmMkVcjEdDH1HrOI6sRi nVz8Iwh+kJl8Rd9E5LVkVg== 0001056404-04-003503.txt : 20041022 0001056404-04-003503.hdr.sgml : 20041022 20041022140039 ACCESSION NUMBER: 0001056404-04-003503 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041020 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041022 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Structured Asset Mortgage Investments II Series 2004-AR5 CENTRAL INDEX KEY: 0001302015 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-115122-17 FILM NUMBER: 041091482 BUSINESS ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10179 BUSINESS PHONE: 212272-2000 MAIL ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10179 8-K 1 sam04ar5_oct.txt OCT. 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 19, 2004 STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. Mortgage Pass-Through Certificates, Series 2004-AR5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-115122-17 54-2160285 Pooling and Servicing Agreement) (Commission 54-2160286 (State or other File Number) 54-6636581 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On October 19, 2004 a distribution was made to holders of STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., Mortgage Pass-Through Certificates, Series 2004-AR5 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-AR5 Trust, relating to the October 19, 2004 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. Mortgage Pass-Through Certificates, Series 2004-AR5 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 10/22/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-AR5 Trust, relating to the October 19, 2004 distribution. EX-99.1
Structured Asset Mortgage Investments Inc. Mortgage Pass-Through Certificates Record Date: 9/30/04 Distribution Date: 10/19/04 SAM Series: 2004-AR5 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 86359LDX4 SEN 2.14125% 797,288,200.48 1,422,661.13 9,546,423.75 I-A-2 86359LDY2 SEN 4.02243% 92,134,082.25 308,835.88 331,378.50 II-A-1 86359LDZ9 SEN 3.58983% 48,402,511.96 144,797.11 2,424,220.56 II-A-2 86359LEA3 SEN 3.58736% 106,527,914.19 318,461.46 432,138.38 II-A-3 86359LEB1 SEN 3.82030% 107,263,652.20 341,482.58 35,519.30 I-M 86359LEG0 MEZ 2.26125% 30,656,172.57 57,767.73 805.57 I-B-1 86359LEH8 SUB 2.41125% 15,571,176.55 31,288.33 409.17 I-B-2 86359LEJ4 SUB 3.01125% 11,191,751.90 28,084.30 294.09 I-B-3 86359LEK1 SUB 3.31125% 7,785,588.28 21,483.36 204.59 I-B-4 86359LEP0 SUB 3.35350% 3,892,744.14 10,878.61 102.29 I-B-5 86359LEQ8 SUB 3.35350% 2,433,002.59 6,799.24 63.93 I-B-6 86359LER6 SUB 3.35350% 6,325,887.72 17,678.24 166.23 II-B-1 86359LEL9 SUB 3.68313% 4,883,722.13 14,989.48 875.27 II-B-2 86359LEM7 SUB 3.68313% 3,767,459.91 11,563.36 675.21 II-B-3 86359LEN5 SUB 3.68313% 2,790,655.54 8,565.28 500.15 II-B-4 86359LES4 SUB 3.68313% 2,790,555.65 8,564.98 500.13 II-B-5 86359LET2 SUB 3.68313% 1,116,262.22 3,426.11 200.06 II-B-6 86359LEU9 SUB 3.68313% 837,382.47 2,570.16 150.54 I-X 86359LEC9 SEN 1.10931% 0.00 797,309.01 0.00 R-I 86359LED7 SEN 0.00000% 0.00 0.00 0.00 R-II 86359LEE5 SEN 0.00000% 0.00 0.00 0.00 R-III 86359LEF2 SEN 0.00000% 0.00 23.89 0.00 Totals 1,245,658,722.75 3,557,230.24 12,774,627.72
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 787,741,776.73 10,969,084.88 0.00 I-A-2 0.00 91,802,703.75 640,214.38 0.00 II-A-1 0.00 45,978,291.40 2,569,017.67 0.00 II-A-2 0.00 106,095,775.81 750,599.84 0.00 II-A-3 0.00 107,228,132.90 377,001.88 0.00 I-M 0.00 30,655,367.00 58,573.30 0.00 I-B-1 0.00 15,570,767.38 31,697.50 0.00 I-B-2 0.00 11,191,457.81 28,378.39 0.00 I-B-3 0.00 7,785,383.69 21,687.95 0.00 I-B-4 0.00 3,892,641.85 10,980.90 0.00 I-B-5 0.00 2,432,938.65 6,863.17 0.00 I-B-6 0.00 6,325,721.49 17,844.47 0.00 II-B-1 0.00 4,882,846.85 15,864.75 0.00 II-B-2 0.00 3,766,784.69 12,238.57 0.00 II-B-3 0.00 2,790,155.40 9,065.43 0.00 II-B-4 0.00 2,790,055.52 9,065.11 0.00 II-B-5 0.00 1,116,062.16 3,626.17 0.00 II-B-6 0.00 837,231.93 2,720.70 0.00 I-X 0.00 0.00 797,309.01 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 23.89 0.00 Totals 0.00 1,232,884,095.01 16,331,857.96 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-1 802,060,000.00 797,288,200.48 0.93 9,546,422.82 0.00 0.00 I-A-2 93,315,100.00 92,134,082.25 23,235.06 308,143.44 0.00 0.00 II-A-1 48,444,600.00 48,402,511.96 28,528.43 2,395,692.13 0.00 0.00 II-A-2 106,746,100.00 106,527,914.19 18,386.63 413,751.75 0.00 0.00 II-A-3 107,957,100.00 107,263,652.20 190.16 35,329.14 0.00 0.00 I-M 30,657,400.00 30,656,172.57 805.57 0.00 0.00 0.00 I-B-1 15,571,800.00 15,571,176.55 409.17 0.00 0.00 0.00 I-B-2 11,192,200.00 11,191,751.90 294.09 0.00 0.00 0.00 I-B-3 7,785,900.00 7,785,588.28 204.59 0.00 0.00 0.00 I-B-4 3,892,900.00 3,892,744.14 102.29 0.00 0.00 0.00 I-B-5 2,433,100.00 2,433,002.59 63.93 0.00 0.00 0.00 I-B-6 6,326,141.00 6,325,887.72 166.23 0.00 0.00 0.00 II-B-1 4,888,700.00 4,883,722.13 875.27 0.00 0.00 0.00 II-B-2 3,771,300.00 3,767,459.91 675.21 0.00 0.00 0.00 II-B-3 2,793,500.00 2,790,655.54 500.15 0.00 0.00 0.00 II-B-4 2,793,400.00 2,790,555.65 500.13 0.00 0.00 0.00 II-B-5 1,117,400.00 1,116,262.22 200.06 0.00 0.00 0.00 II-B-6 838,236.00 837,382.47 150.54 0.00 0.00 0.00 I-X 0.00 0.00 0.00 0.00 0.00 0.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 R-III 50.00 0.00 0.00 0.00 0.00 0.00 Totals 1,252,585,027.00 1,245,658,722.75 75,288.44 12,699,339.28 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 9,546,423.75 787,741,776.73 0.98214819 9,546,423.75 I-A-2 331,378.50 91,802,703.75 0.98379259 331,378.50 II-A-1 2,424,220.56 45,978,291.40 0.94909012 2,424,220.56 II-A-2 432,138.38 106,095,775.81 0.99390775 432,138.38 II-A-3 35,519.30 107,228,132.90 0.99324762 35,519.30 I-M 805.57 30,655,367.00 0.99993369 805.57 I-B-1 409.17 15,570,767.38 0.99993369 409.17 I-B-2 294.09 11,191,457.81 0.99993369 294.09 I-B-3 204.59 7,785,383.69 0.99993369 204.59 I-B-4 102.29 3,892,641.85 0.99993369 102.29 I-B-5 63.93 2,432,938.65 0.99993369 63.93 I-B-6 166.23 6,325,721.49 0.99993369 166.23 II-B-1 875.27 4,882,846.85 0.99880272 875.27 II-B-2 675.21 3,766,784.69 0.99880272 675.21 II-B-3 500.15 2,790,155.40 0.99880272 500.15 II-B-4 500.13 2,790,055.52 0.99880272 500.13 II-B-5 200.06 1,116,062.16 0.99880272 200.06 II-B-6 150.54 837,231.93 0.99880216 150.54 I-X 0.00 0.00 0.00000000 0.00 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 Totals 12,774,627.72 1,232,884,095.01 0.98427178 12,774,627.72
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 802,060,000.00 994.05057038 0.00000116 11.90237990 0.00000000 I-A-2 93,315,100.00 987.34376591 0.24899571 3.30218196 0.00000000 II-A-1 48,444,600.00 999.13121297 0.58888772 49.45220169 0.00000000 II-A-2 106,746,100.00 997.95603015 0.17224639 3.87603622 0.00000000 II-A-3 107,957,100.00 993.57663553 0.00176144 0.32725166 0.00000000 I-M 30,657,400.00 999.95996301 0.02627653 0.00000000 0.00000000 I-B-1 15,571,800.00 999.95996288 0.02627635 0.00000000 0.00000000 I-B-2 11,192,200.00 999.95996319 0.02627634 0.00000000 0.00000000 I-B-3 7,785,900.00 999.95996352 0.02627699 0.00000000 0.00000000 I-B-4 3,892,900.00 999.95996301 0.02627604 0.00000000 0.00000000 I-B-5 2,433,100.00 999.95996465 0.02627512 0.00000000 0.00000000 I-B-6 6,326,141.00 999.95996295 0.02627668 0.00000000 0.00000000 II-B-1 4,888,700.00 998.98175998 0.17903942 0.00000000 0.00000000 II-B-2 3,771,300.00 998.98175961 0.17903906 0.00000000 0.00000000 II-B-3 2,793,500.00 998.98175765 0.17904063 0.00000000 0.00000000 II-B-4 2,793,400.00 998.98176058 0.17903988 0.00000000 0.00000000 II-B-5 1,117,400.00 998.98176123 0.17904063 0.00000000 0.00000000 II-B-6 838,236.00 998.98175454 0.17959143 0.00000000 0.00000000 I-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 0.00000000 0.00000000 0.00000000 0.00000000 (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 I-A-1 0.00000000 11.90238106 982.14818932 0.98214819 11.90238106 I-A-2 0.00000000 3.55117768 983.79258823 0.98379259 3.55117768 II-A-1 0.00000000 50.04108941 949.09012356 0.94909012 50.04108941 II-A-2 0.00000000 4.04828261 993.90774754 0.99390775 4.04828261 II-A-3 0.00000000 0.32901310 993.24762244 0.99324762 0.32901310 I-M 0.00000000 0.02627653 999.93368648 0.99993369 0.02627653 I-B-1 0.00000000 0.02627635 999.93368654 0.99993369 0.02627635 I-B-2 0.00000000 0.02627634 999.93368685 0.99993369 0.02627634 I-B-3 0.00000000 0.02627699 999.93368654 0.99993369 0.02627699 I-B-4 0.00000000 0.02627604 999.93368697 0.99993369 0.02627604 I-B-5 0.00000000 0.02627512 999.93368542 0.99993369 0.02627512 I-B-6 0.00000000 0.02627668 999.93368627 0.99993369 0.02627668 II-B-1 0.00000000 0.17903942 998.80271851 0.99880272 0.17903942 II-B-2 0.00000000 0.17903906 998.80271790 0.99880272 0.17903906 II-B-3 0.00000000 0.17904063 998.80272060 0.99880272 0.17904063 II-B-4 0.00000000 0.17903988 998.80272070 0.99880272 0.17903988 II-B-5 0.00000000 0.17904063 998.80272060 0.99880272 0.17904063 II-B-6 0.00000000 0.17959143 998.80216311 0.99880216 0.17959143 I-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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-1 802,060,000.00 2.14125% 797,288,200.48 1,422,661.13 0.00 0.00 I-A-2 93,315,100.00 4.02243% 92,134,082.25 308,835.88 0.00 0.00 II-A-1 48,444,600.00 3.58983% 48,402,511.96 144,797.11 0.00 0.00 II-A-2 106,746,100.00 3.58736% 106,527,914.19 318,461.46 0.00 0.00 II-A-3 107,957,100.00 3.82030% 107,263,652.20 341,482.58 0.00 0.00 I-M 30,657,400.00 2.26125% 30,656,172.57 57,767.73 0.00 0.00 I-B-1 15,571,800.00 2.41125% 15,571,176.55 31,288.33 0.00 0.00 I-B-2 11,192,200.00 3.01125% 11,191,751.90 28,084.30 0.00 0.00 I-B-3 7,785,900.00 3.31125% 7,785,588.28 21,483.36 0.00 0.00 I-B-4 3,892,900.00 3.35350% 3,892,744.14 10,878.61 0.00 0.00 I-B-5 2,433,100.00 3.35350% 2,433,002.59 6,799.24 0.00 0.00 I-B-6 6,326,141.00 3.35350% 6,325,887.72 17,678.24 0.00 0.00 II-B-1 4,888,700.00 3.68313% 4,883,722.13 14,989.48 0.00 0.00 II-B-2 3,771,300.00 3.68313% 3,767,459.91 11,563.36 0.00 0.00 II-B-3 2,793,500.00 3.68313% 2,790,655.54 8,565.28 0.00 0.00 II-B-4 2,793,400.00 3.68313% 2,790,555.65 8,564.98 0.00 0.00 II-B-5 1,117,400.00 3.68313% 1,116,262.22 3,426.11 0.00 0.00 II-B-6 838,236.00 3.68313% 837,382.47 2,570.16 0.00 0.00 I-X 0.00 1.10931% 862,492,889.77 797,309.01 0.00 0.00 R-I 50.00 0.00000% 0.00 0.00 0.00 0.00 R-II 50.00 0.00000% 0.00 0.00 0.00 0.00 R-III 50.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,252,585,027.00 3,557,206.35 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance I-A-1 0.00 0.00 1,422,661.13 0.00 787,741,776.73 I-A-2 0.00 0.00 308,835.88 0.00 91,802,703.75 II-A-1 0.00 0.00 144,797.11 0.00 45,978,291.40 II-A-2 0.00 0.00 318,461.46 0.00 106,095,775.81 II-A-3 0.00 0.00 341,482.58 0.00 107,228,132.90 I-M 0.00 0.00 57,767.73 0.00 30,655,367.00 I-B-1 0.00 0.00 31,288.33 0.00 15,570,767.38 I-B-2 0.00 0.00 28,084.30 0.00 11,191,457.81 I-B-3 0.00 0.00 21,483.36 0.00 7,785,383.69 I-B-4 0.00 0.00 10,878.61 0.00 3,892,641.85 I-B-5 0.00 0.00 6,799.24 0.00 2,432,938.65 I-B-6 0.00 0.00 17,678.24 0.00 6,325,721.49 II-B-1 0.00 0.00 14,989.48 0.00 4,882,846.85 II-B-2 0.00 0.00 11,563.36 0.00 3,766,784.69 II-B-3 0.00 0.00 8,565.28 0.00 2,790,155.40 II-B-4 0.00 0.00 8,564.98 0.00 2,790,055.52 II-B-5 0.00 0.00 3,426.11 0.00 1,116,062.16 II-B-6 0.00 0.00 2,570.16 0.00 837,231.93 I-X 0.00 0.00 797,309.01 0.00 852,944,752.61 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 23.89 0.00 0.00 Totals 0.00 0.00 3,557,230.24 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-1 802,060,000.00 2.14125% 994.05057038 1.77375898 0.00000000 0.00000000 I-A-2 93,315,100.00 4.02243% 987.34376591 3.30960241 0.00000000 0.00000000 II-A-1 48,444,600.00 3.58983% 999.13121297 2.98892157 0.00000000 0.00000000 II-A-2 106,746,100.00 3.58736% 997.95603015 2.98335452 0.00000000 0.00000000 II-A-3 107,957,100.00 3.82030% 993.57663553 3.16313221 0.00000000 0.00000000 I-M 30,657,400.00 2.26125% 999.95996301 1.88429971 0.00000000 0.00000000 I-B-1 15,571,800.00 2.41125% 999.95996288 2.00929437 0.00000000 0.00000000 I-B-2 11,192,200.00 3.01125% 999.95996319 2.50927432 0.00000000 0.00000000 I-B-3 7,785,900.00 3.31125% 999.95996352 2.75926482 0.00000000 0.00000000 I-B-4 3,892,900.00 3.35350% 999.95996301 2.79447456 0.00000000 0.00000000 I-B-5 2,433,100.00 3.35350% 999.95996465 2.79447618 0.00000000 0.00000000 I-B-6 6,326,141.00 3.35350% 999.95996295 2.79447455 0.00000000 0.00000000 II-B-1 4,888,700.00 3.68313% 998.98175998 3.06614846 0.00000000 0.00000000 II-B-2 3,771,300.00 3.68313% 998.98175961 3.06614695 0.00000000 0.00000000 II-B-3 2,793,500.00 3.68313% 998.98175765 3.06614641 0.00000000 0.00000000 II-B-4 2,793,400.00 3.68313% 998.98176058 3.06614878 0.00000000 0.00000000 II-B-5 1,117,400.00 3.68313% 998.98176123 3.06614462 0.00000000 0.00000000 II-B-6 838,236.00 3.68313% 998.98175454 3.06615321 0.00000000 0.00000000 I-X 0.00 1.10931% 994.49488038 0.91933480 0.00000000 0.00000000 R-I 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 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 I-A-1 0.00000000 0.00000000 1.77375898 0.00000000 982.14818932 I-A-2 0.00000000 0.00000000 3.30960241 0.00000000 983.79258823 II-A-1 0.00000000 0.00000000 2.98892157 0.00000000 949.09012356 II-A-2 0.00000000 0.00000000 2.98335452 0.00000000 993.90774754 II-A-3 0.00000000 0.00000000 3.16313221 0.00000000 993.24762244 I-M 0.00000000 0.00000000 1.88429971 0.00000000 999.93368648 I-B-1 0.00000000 0.00000000 2.00929437 0.00000000 999.93368654 I-B-2 0.00000000 0.00000000 2.50927432 0.00000000 999.93368685 I-B-3 0.00000000 0.00000000 2.75926482 0.00000000 999.93368654 I-B-4 0.00000000 0.00000000 2.79447456 0.00000000 999.93368697 I-B-5 0.00000000 0.00000000 2.79447618 0.00000000 999.93368542 I-B-6 0.00000000 0.00000000 2.79447455 0.00000000 999.93368627 II-B-1 0.00000000 0.00000000 3.06614846 0.00000000 998.80271851 II-B-2 0.00000000 0.00000000 3.06614695 0.00000000 998.80271790 II-B-3 0.00000000 0.00000000 3.06614641 0.00000000 998.80272060 II-B-4 0.00000000 0.00000000 3.06614878 0.00000000 998.80272070 II-B-5 0.00000000 0.00000000 3.06614462 0.00000000 998.80272060 II-B-6 0.00000000 0.00000000 3.06615321 0.00000000 998.80216311 I-X 0.00000000 0.00000000 0.91933480 0.00000000 983.48542901 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 477.80000000 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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage 1-X 1.13445% 797,288,200.48 787,741,776.73 0.00 0.00 98.21481893% 2-X 0.80192% 65,204,689.29 65,202,975.87 0.00 0.00 99.99336864%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 16,658,220.99 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 91,678.77 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 16,749,899.76 Withdrawals Reimbursement for Servicer Advances 19,311.15 Payment of Service Fee 398,730.65 Payment of Interest and Principal 16,331,857.96 Total Withdrawals (Pool Distribution Amount) 16,749,899.76 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 389,278.51 Master Servicing Fee 1,557.08 Miscellaneous Fee 7,895.06 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 398,730.65
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Carryover Shortfall Reserve Fund 5,000.00 0.00 0.00 5,000.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 72 0 0 0 72 29,813,391.13 0.00 0.00 0.00 29,813,391.13 60 Days 4 0 0 0 4 839,255.78 0.00 0.00 0.00 839,255.78 90 Days 1 0 0 0 1 478,399.99 0.00 0.00 0.00 478,399.99 120 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 1 0 0 0 1 107,529.99 0.00 0.00 0.00 107,529.99 Totals 78 0 0 0 78 31,238,576.89 0.00 0.00 0.00 31,238,576.89 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.898734% 0.000000% 0.000000% 0.000000% 1.898734% 2.418042% 0.000000% 0.000000% 0.000000% 2.418042% 60 Days 0.105485% 0.000000% 0.000000% 0.000000% 0.105485% 0.068069% 0.000000% 0.000000% 0.000000% 0.068069% 90 Days 0.026371% 0.000000% 0.000000% 0.000000% 0.026371% 0.038801% 0.000000% 0.000000% 0.000000% 0.038801% 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 0.026371% 0.000000% 0.000000% 0.000000% 0.026371% 0.008721% 0.000000% 0.000000% 0.000000% 0.008721% Totals 2.056962% 0.000000% 0.000000% 0.000000% 2.056962% 2.533633% 0.000000% 0.000000% 0.000000% 2.533633%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Subgroup I-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 50 0 0 0 50 22,433,924.22 0.00 0.00 0.00 22,433,924.22 60 Days 3 0 0 0 3 434,055.78 0.00 0.00 0.00 434,055.78 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 1 0 0 0 1 107,529.99 0.00 0.00 0.00 107,529.99 Totals 54 0 0 0 54 22,975,509.99 0.00 0.00 0.00 22,975,509.99 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.857355% 0.000000% 0.000000% 0.000000% 1.857355% 2.616245% 0.000000% 0.000000% 0.000000% 2.616245% 60 Days 0.111441% 0.000000% 0.000000% 0.000000% 0.111441% 0.050620% 0.000000% 0.000000% 0.000000% 0.050620% 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 0.037147% 0.000000% 0.000000% 0.000000% 0.037147% 0.012540% 0.000000% 0.000000% 0.000000% 0.012540% Totals 2.005944% 0.000000% 0.000000% 0.000000% 2.005944% 2.679405% 0.000000% 0.000000% 0.000000% 2.679405% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Subgroup I-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 6 0 0 0 6 1,614,770.80 0.00 0.00 0.00 1,614,770.80 60 Days 1 0 0 0 1 405,200.00 0.00 0.00 0.00 405,200.00 90 Days 1 0 0 0 1 478,399.99 0.00 0.00 0.00 478,399.99 120 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 8 0 0 0 8 2,498,370.79 0.00 0.00 0.00 2,498,370.79 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.554404% 0.000000% 0.000000% 0.000000% 1.554404% 1.615908% 0.000000% 0.000000% 0.000000% 1.615908% 60 Days 0.259067% 0.000000% 0.000000% 0.000000% 0.259067% 0.405485% 0.000000% 0.000000% 0.000000% 0.405485% 90 Days 0.259067% 0.000000% 0.000000% 0.000000% 0.259067% 0.478737% 0.000000% 0.000000% 0.000000% 0.478737% 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 2.072539% 0.000000% 0.000000% 0.000000% 2.072539% 2.500130% 0.000000% 0.000000% 0.000000% 2.500130% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Subgroup II-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 1 0 0 0 1 631,892.10 0.00 0.00 0.00 631,892.10 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 1 0 0 0 1 631,892.10 0.00 0.00 0.00 631,892.10 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.941176% 0.000000% 0.000000% 0.000000% 2.941176% 1.289951% 0.000000% 0.000000% 0.000000% 1.289951% 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 2.941176% 0.000000% 0.000000% 0.000000% 2.941176% 1.289951% 0.000000% 0.000000% 0.000000% 1.289951% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Subgroup II-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 13 0 0 0 13 4,776,989.59 0.00 0.00 0.00 4,776,989.59 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 4,776,989.59 0.00 0.00 0.00 4,776,989.59 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 4.318937% 0.000000% 0.000000% 0.000000% 4.318937% 4.239425% 0.000000% 0.000000% 0.000000% 4.239425% 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 4.318937% 0.000000% 0.000000% 0.000000% 4.318937% 4.239425% 0.000000% 0.000000% 0.000000% 4.239425% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Subgroup II-3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 355,814.42 0.00 0.00 0.00 355,814.42 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2 0 0 0 2 355,814.42 0.00 0.00 0.00 355,814.42 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.527704% 0.000000% 0.000000% 0.000000% 0.527704% 0.312461% 0.000000% 0.000000% 0.000000% 0.312461% 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 0.527704% 0.000000% 0.000000% 0.000000% 0.527704% 0.312461% 0.000000% 0.000000% 0.000000% 0.312461%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 91,678.77
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 3.810962% Weighted Average Net Coupon 3.435952% Weighted Average Pass-Through Rate 3.426846% Weighted Average Maturity(Stepdown Calculation ) 353 Beginning Scheduled Collateral Loan Count 3,817 Number Of Loans Paid In Full 25 Ending Scheduled Collateral Loan Count 3,792 Beginning Scheduled Collateral Balance 1,245,658,722.61 Ending Scheduled Collateral Balance 1,232,884,095.35 Ending Actual Collateral Balance at 30-Sep-2004 1,232,956,067.60 Monthly P &I Constant 4,031,252.55 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 124,956.05 Unscheduled Principal 12,699,339.28
Miscellaneous Reporting Deferred Interest Subgroup II-1 0.00 Deferred Interest Subgroup II-2 0.00 Deferred Interest Subgroup II-3 0.00 Group I Subordinate % 8.049007% Subgroup I-1 Subordinate % 8.044007% Subgroup I-2 Subordinate % 8.092245% Group II Subordinate % 5.814366% Subgroup II-1 Subordinate % 5.800455% Subgroup II-2 Subordinate % 5.801757% Subgroup II-3 Subordinate % 5.833158% Group II Subordinate Prepayment % 0.000000% Subgroup I-1 Subordinate Prepayment % 0.000000% Subgroup I-2 Subordinate Prepayment % 0.000000% Group II Subordinate Prepayment % 0.000000% Subgroup II-1 Subordinate Prepayment % 0.000000% Subgroup II-2 Subordinate Prepayment % 0.000000% Subgroup II-3 Subordinate Prepayment % 0.000000% Group I Senior Prepayment % 100.000000% Subgroup I-1 Senior Prepayment % 100.000000% Subgroup I-2 Senior Prepayment % 100.000000% Group II Senior Prepayment % 100.000000% Subgroup II-1 Senior Prepayment % 100.000000% Subgroup II-2 Senior Prepayment % 100.000000% Subgroup II-3 Senior Prepayment % 100.000000% Group I Senior % 91.950993% Subgroup I-1 Senior % 91.955993% Subgroup I-2 Senior % 91.907755% Group II Senior % 94.185634% Subgroup II-1 Senior % 94.199545% Subgroup II-2 Senior % 94.198243% Subgroup II-3 Senior % 94.166842%
Group Level Collateral Statement Group Subgroup I-1 Subgroup I-2 Subgroup II-1 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 3.656772 4.398932 3.966325 Weighted Average Net Rate 3.281758 4.023932 3.591325 Weighted Average Maturity 352 357 355 Beginning Loan Count 2,714 386 35 Loans Paid In Full 22 0 1 Ending Loan Count 2,692 386 34 Beginning Scheduled Balance 867,032,351.85 100,246,254.97 51,382,957.38 Ending scheduled Balance 857,485,928.02 99,912,830.68 48,956,980.15 Record Date 09/30/2004 09/30/2004 09/30/2004 Principal And Interest Constant 2,642,117.71 392,761.26 200,119.67 Scheduled Principal 1.01 25,280.85 30,507.37 Unscheduled Principal 9,546,422.82 308,143.44 2,395,692.13 Scheduled Interest 2,642,116.70 367,480.41 169,834.57 Servicing Fees 270,957.78 31,326.95 16,057.17 Master Servicing Fees 1,083.79 125.31 64.23 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 3,294.16 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 2,366,780.97 336,028.15 153,713.17 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 Pass-Through Rate 3.275699 4.022432 3.589825
Group Level Collateral Statement Group Subgroup II-2 Subgroup II-3 Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 3.983988 4.225284 3.810962 Weighted Average Net Rate 3.608988 3.850284 3.435952 Weighted Average Maturity 358 357 353 Beginning Loan Count 303 379 3,817 Loans Paid In Full 2 0 25 Ending Loan Count 301 379 3,792 Beginning Scheduled Balance 113,089,067.10 113,908,091.31 1,245,658,722.61 Ending scheduled Balance 112,655,796.27 113,872,560.23 1,232,884,095.35 Record Date 09/30/2004 09/30/2004 09/30/2004 Principal And Interest Constant 394,973.62 401,280.29 4,031,252.55 Scheduled Principal 34,441.88 34,724.94 124,956.05 Unscheduled Principal 413,751.75 35,329.14 12,699,339.28 Scheduled Interest 375,454.54 401,078.35 3,955,964.57 Servicing Fees 35,340.33 35,596.28 389,278.51 Master Servicing Fees 141.36 142.39 1,557.08 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 1,896.92 2,703.98 7,895.06 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 338,075.93 362,635.70 3,557,233.92 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 3.587359 3.820298 3.426846
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