-----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, I6OKG7cWsNPBHt6KjnIm1MNr1/jyMrLyhtNDcCy4l2JlT7IafHamzXs2x+e1CLRx bnriJM7MTUowUMRto+bUyQ== 0001056404-05-001034.txt : 20050207 0001056404-05-001034.hdr.sgml : 20050207 20050207082217 ACCESSION NUMBER: 0001056404-05-001034 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041025 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050207 DATE AS OF CHANGE: 20050207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Fieldstone Mortgage Investment Trust, Series 2004-4 CENTRAL INDEX KEY: 0001304851 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: 333-112231-23 FILM NUMBER: 05578966 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 fld04004_10410.txt OCTOBER 8K/A 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): October 25, 2004 FIELDSTONE MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112231-23 Pooling and Servicing Agreement) (Commission N/A (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 Subsequent to filing the 8-K relating to the payment date on October 25, 2004, a revision was made to the FIELDSTONE MORTGAGE INVESTMENT TRUST, Mortgage-Backed Notes, Series 2004-4 which was not included in the original 8-K filed. The 8-K is being amended because of modified delinquency reporting (pages 7 & 8). 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-Backed Notes, Series 2004-4 Trust, relating to the October 25, 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. FIELDSTONE MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-4 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: 1/26/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Amended monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-4 Trust, relating to the October 25, 2004 distribution. EX-99.1
Fieldstone Mortgage Company Mortgage-Backed Notes Record Date: 9/30/2004 Distribution Date: 10/25/2004 Fieldstone Mortgage Company Mortgage-Backed Notes Series 2004-4 Contact: CTSLink Customer Service Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 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 1-A1 31659TBY0 SEN 2.17000% 352,327,000.00 424,749.77 3,733,622.95 1-A2 31659TBZ7 SEN 2.23000% 88,082,000.00 109,123.81 933,408.39 2-A 31659TCA1 SEN 2.16000% 278,656,000.00 334,387.20 2,115,668.81 M1 31659TCB9 MEZ 2.46000% 50,576,000.00 69,120.53 0.00 M2 31659TCC7 MEZ 2.89000% 42,660,000.00 68,493.00 0.00 M3 31659TCD5 MEZ 3.14000% 13,193,000.00 23,014.46 0.00 M4 31659TCE3 MEZ 3.54000% 10,994,000.00 21,621.53 0.00 M5 31659TCFO MEZ 3.64000% 8,795,000.00 17,785.44 0.00 M6 31659TCG8 MEZ 5.34000% 7,036,000.00 20,873.47 0.00 M7 31659TCH6 MEZ 5.34000% 21,989,000.00 65,234.03 0.00 OWNER CERT FLD0404OT SEN 0.00000% 0.01 3,667,304.03 0.00 Totals 874,308,000.01 4,821,707.27 6,782,700.15
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 348,593,377.05 4,158,372.72 0.00 1-A2 0.00 87,148,591.61 1,042,532.20 0.00 2-A 0.00 276,540,331.19 2,450,056.01 0.00 M1 0.00 50,576,000.00 69,120.53 0.00 M2 0.00 42,660,000.00 68,493.00 0.00 M3 0.00 13,193,000.00 23,014.46 0.00 M4 0.00 10,994,000.00 21,621.53 0.00 M5 0.00 8,795,000.00 17,785.44 0.00 M6 0.00 7,036,000.00 20,873.47 0.00 M7 0.00 21,989,000.00 65,234.03 0.00 OWNER CERT 0.00 0.01 3,667,304.03 0.00 Totals 0.00 867,525,299.86 11,604,407.42 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) 1-A1 352,327,000.00 352,327,000.00 0.00 3,733,622.95 0.00 0.00 1-A2 88,082,000.00 88,082,000.00 0.00 933,408.39 0.00 0.00 2-A 278,656,000.00 278,656,000.00 0.00 2,115,668.81 0.00 0.00 M1 50,576,000.00 50,576,000.00 0.00 0.00 0.00 0.00 M2 42,660,000.00 42,660,000.00 0.00 0.00 0.00 0.00 M3 13,193,000.00 13,193,000.00 0.00 0.00 0.00 0.00 M4 10,994,000.00 10,994,000.00 0.00 0.00 0.00 0.00 M5 8,795,000.00 8,795,000.00 0.00 0.00 0.00 0.00 M6 7,036,000.00 7,036,000.00 0.00 0.00 0.00 0.00 M7 21,989,000.00 21,989,000.00 0.00 0.00 0.00 0.00 OWNER CERT 0.01 0.01 0.00 0.00 0.00 0.00 Totals 874,308,000.01 874,308,000.01 0.00 6,782,700.15 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 1-A1 3,733,622.95 348,593,377.05 0.98940296 3,733,622.95 1-A2 933,408.39 87,148,591.61 0.98940296 933,408.39 2-A 2,115,668.81 276,540,331.19 0.99240760 2,115,668.81 M1 0.00 50,576,000.00 1.00000000 0.00 M2 0.00 42,660,000.00 1.00000000 0.00 M3 0.00 13,193,000.00 1.00000000 0.00 M4 0.00 10,994,000.00 1.00000000 0.00 M5 0.00 8,795,000.00 1.00000000 0.00 M6 0.00 7,036,000.00 1.00000000 0.00 M7 0.00 21,989,000.00 1.00000000 0.00 OWNER CERT 0.00 0.01 1.00000000 0.00 Totals 6,782,700.15 867,525,299.86 0.99224221 6,782,700.15
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 352,327,000.00 1000.00000000 0.00000000 10.59703897 0.00000000 1-A2 88,082,000.00 1000.00000000 0.00000000 10.59703901 0.00000000 2-A 278,656,000.00 1000.00000000 0.00000000 7.59240357 0.00000000 M1 50,576,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 42,660,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 13,193,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 10,994,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5 8,795,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M6 7,036,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M7 21,989,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 OWNER CERT 0.01 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 1-A1 0.00000000 10.59703897 989.40296103 0.98940296 10.59703897 1-A2 0.00000000 10.59703901 989.40296099 0.98940296 10.59703901 2-A 0.00000000 7.59240357 992.40759643 0.99240760 7.59240357 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 OWNER CERT 0.00000000 0.00000000 0.00000000 1.00000000 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 1-A1 352,327,000.00 2.17000% 352,327,000.00 424,749.77 0.00 0.00 1-A2 88,082,000.00 2.23000% 88,082,000.00 109,123.81 0.00 0.00 2-A 278,656,000.00 2.16000% 278,656,000.00 334,387.20 0.00 0.00 M1 50,576,000.00 2.46000% 50,576,000.00 69,120.53 0.00 0.00 M2 42,660,000.00 2.89000% 42,660,000.00 68,493.00 0.00 0.00 M3 13,193,000.00 3.14000% 13,193,000.00 23,014.46 0.00 0.00 M4 10,994,000.00 3.54000% 10,994,000.00 21,621.53 0.00 0.00 M5 8,795,000.00 3.64000% 8,795,000.00 17,785.44 0.00 0.00 M6 7,036,000.00 5.34000% 7,036,000.00 20,873.47 0.00 0.00 M7 21,989,000.00 5.34000% 21,989,000.00 65,234.03 0.00 0.00 OWNER CERT 0.01 0.00000% 0.01 0.00 0.00 0.00 Totals 874,308,000.01 1,154,403.24 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 1-A1 0.00 0.00 424,749.77 0.00 348,593,377.05 1-A2 0.00 0.00 109,123.81 0.00 87,148,591.61 2-A 0.00 0.00 334,387.20 0.00 276,540,331.19 M1 0.00 0.00 69,120.53 0.00 50,576,000.00 M2 0.00 0.00 68,493.00 0.00 42,660,000.00 M3 0.00 0.00 23,014.46 0.00 13,193,000.00 M4 0.00 0.00 21,621.53 0.00 10,994,000.00 M5 0.00 0.00 17,785.44 0.00 8,795,000.00 M6 0.00 0.00 20,873.47 0.00 7,036,000.00 M7 0.00 0.00 65,234.03 0.00 21,989,000.00 OWNER CERT 0.00 0.00 3,667,304.03 0.00 0.01 Totals 0.00 0.00 4,821,707.27 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 1-A1 352,327,000.00 2.17000% 1000.00000000 1.20555555 0.00000000 0.00000000 1-A2 88,082,000.00 2.23000% 1000.00000000 1.23888888 0.00000000 0.00000000 2-A 278,656,000.00 2.16000% 1000.00000000 1.20000000 0.00000000 0.00000000 M1 50,576,000.00 2.46000% 1000.00000000 1.36666660 0.00000000 0.00000000 M2 42,660,000.00 2.89000% 1000.00000000 1.60555556 0.00000000 0.00000000 M3 13,193,000.00 3.14000% 1000.00000000 1.74444478 0.00000000 0.00000000 M4 10,994,000.00 3.54000% 1000.00000000 1.96666636 0.00000000 0.00000000 M5 8,795,000.00 3.64000% 1000.00000000 2.02222172 0.00000000 0.00000000 M6 7,036,000.00 5.34000% 1000.00000000 2.96666714 0.00000000 0.00000000 M7 21,989,000.00 5.34000% 1000.00000000 2.96666652 0.00000000 0.00000000 OWNER CERT 0.01 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 1-A1 0.00000000 0.00000000 1.20555555 0.00000000 989.40296103 1-A2 0.00000000 0.00000000 1.23888888 0.00000000 989.40296099 2-A 0.00000000 0.00000000 1.20000000 0.00000000 992.40759643 M1 0.00000000 0.00000000 1.36666660 0.00000000 1000.00000000 M2 0.00000000 0.00000000 1.60555556 0.00000000 1000.00000000 M3 0.00000000 0.00000000 1.74444478 0.00000000 1000.00000000 M4 0.00000000 0.00000000 1.96666636 0.00000000 1000.00000000 M5 0.00000000 0.00000000 2.02222172 0.00000000 1000.00000000 M6 0.00000000 0.00000000 2.96666714 0.00000000 1000.00000000 M7 0.00000000 0.00000000 2.96666652 0.00000000 1000.00000000 OWNER CERT 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 11,969,488.22 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 11,969,488.22 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 365,080.80 Payment of Interest and Principal 11,604,407.42 Total Withdrawals (Pool Distribution Amount) 11,969,488.22 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 362,265.29 Owner Trustee Fee 250.00 Wells Fargo Bank, NA 2,565.51 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 365,080.80
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Financial Guaranty 0.00 0.00 0.00 0.00 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 3 0 0 0 3 595,668.82 0.00 0.00 0.00 595,668.82 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 3 595,668.82 0.00 0.00 0.00 595,668.82 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 0.065331% 0.000000% 0.000000% 0.000000% 0.065331% 0.068242% 0.000000% 0.000000% 0.000000% 0.068242% 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 0.065331% 0.000000% 0.000000% 0.000000% 0.065331% 0.068242% 0.000000% 0.000000% 0.000000% 0.068242%
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 2 0 0 0 2 206,368.82 0.00 0.00 0.00 206,368.82 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 2 206,368.82 0.00 0.00 0.00 206,368.82 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.062834% 0.000000% 0.000000% 0.000000% 0.062834% 0.038639% 0.000000% 0.000000% 0.000000% 0.038639% 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 0.062834% 0.000000% 0.000000% 0.000000% 0.062834% 0.038639% 0.000000% 0.000000% 0.000000% 0.038639% 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 1 0 0 0 1 389,300.00 0.00 0.00 0.00 389,300.00 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 1 0 0 0 1 389,300.00 0.00 0.00 0.00 389,300.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.070972% 0.000000% 0.000000% 0.000000% 0.070972% 0.114915% 0.000000% 0.000000% 0.000000% 0.114915% 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 0.070972% 0.000000% 0.000000% 0.000000% 0.070972% 0.114915% 0.000000% 0.000000% 0.000000% 0.114915%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 48,167.55
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.970015% Weighted Average Net Coupon 6.475795% Weighted Average Pass-Through Rate 6.472295% Weighted Average Maturity(Stepdown Calculation ) 358 Beginning Scheduled Collateral Loan Count 4,624 Number Of Loans Paid In Full 32 Ending Scheduled Collateral Loan Count 4,592 Beginning Scheduled Collateral Balance 879,604,054.17 Ending Scheduled Collateral Balance 872,802,924.18 Ending Actual Collateral Balance at 30-Sep-2004 872,874,264.32 Monthly P &I Constant 5,405,404.82 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 296,360.25 Unscheduled Principal 6,504,763.71
Miscellaneous Reporting Overcollateralization Amount 5,277,624.32 Overcollateralization Deficiency Amount 0.00 Prepayment Penalty 59,290.06 Targeted Overcollaterlization Amount 5,277,624.32 Group 1 Senior Cap Payment 0.00 Group 2 Senior Cap Payment 0.00 Subordinate Cap Payment 0.00
Group Level Collateral Statement Group 1 2 Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.047397 6.847713 6.970015 Weighted Average Net Rate 6.551311 6.356440 6.475795 Weighted Average Maturity 358 358 358 Beginning Loan Count 3,208 1,416 4,624 Loans Paid In Full 25 7 32 Ending Loan Count 3,183 1,409 4,592 Beginning Scheduled Balance 538,738,939.45 340,865,108.69 879,604,048.14 Ending scheduled Balance 534,059,231.08 338,743,693.10 872,802,924.18 Record Date 09/30/2004 09/30/2004 09/30/2004 Principal And Interest Constant 3,343,157.61 2,062,247.21 5,405,404.82 Scheduled Principal 179,235.08 117,125.17 296,360.25 Unscheduled Principal 4,500,473.29 2,004,290.42 6,504,763.71 Scheduled Interest 3,163,922.53 1,945,122.04 5,109,044.57 Servicing Fees 222,717.22 139,548.07 362,265.29 Master Servicing Fees 1,571.32 994.19 2,565.51 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 2,939,633.99 1,804,579.78 4,744,213.77 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 6.547811 6.352940 6.472295
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