-----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, VL1osljNTtl4/x2J9sJ1jmcMvnXoNIqumo58OlGKW83iYil4+P74ZUBfBv5+2Hil XQsJf3lxHGNUgiQNHuw2cA== 0001056404-05-000177.txt : 20050104 0001056404-05-000177.hdr.sgml : 20050104 20050104134937 ACCESSION NUMBER: 0001056404-05-000177 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041227 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050104 DATE AS OF CHANGE: 20050104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Mortgage Backed Securities Series 2004-X Trust CENTRAL INDEX KEY: 0001305964 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-116509-14 FILM NUMBER: 05505743 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 wfm0400x_dec.txt DECEMBER 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): December 27, 2004 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2004-X Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-116509-14 Pooling and Servicing Agreement) (Commission 54-2162665 (State or other File Number) 54-2162666 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 December 27, 2004 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2004-X 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-X Trust, relating to the December 27, 2004 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2004-X 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: 12/27/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-X Trust, relating to the December 27, 2004 distribution. EX-99.1
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 11/30/2004 Distribution Date: 12/27/2004 Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Series 2004-X 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 94981TAA0 SEN 5.00083% 38,338,373.26 159,757.07 651,512.96 I-A-2 94981TAB8 SEN 5.00083% 390,834,005.79 1,628,616.23 6,641,737.70 I-A-3 94981TAC6 SEN 5.00083% 5,951,913.37 24,801.79 101,145.36 I-A-4 94981TAD4 SEN 5.00083% 25,859,020.03 107,755.26 609,379.43 I-A-5 94981TAE2 SEN 5.00083% 10,000,000.00 41,670.28 0.00 I-A-R 94981TAF9 SEN 4.99609% 0.00 0.00 0.00 I-A-LR 94981TAG7 SEN 4.99609% 0.00 0.00 0.00 II-A-1 94981TAH5 SEN 4.98669% 49,091,577.78 203,987.52 590,588.45 II-A-2 94981TAJ1 SEN 4.98669% 1,534,602.72 6,376.65 18,461.79 B-1 94981TAK8 SUB 4.99946% 6,323,423.08 26,342.68 2,591.95 B-2 94981TAL6 SUB 4.99946% 4,399,207.24 18,326.61 1,803.22 B-3 94981TAM4 SUB 4.99946% 1,924,215.84 8,016.07 788.73 B-4 94981TAN2 SUB 4.99946% 1,650,327.46 6,875.08 676.46 B-5 94981TAP7 SUB 4.99946% 1,374,439.89 5,725.76 563.38 B-6 94981TAQ5 SUB 4.99946% 825,327.36 3,438.22 338.30 Totals 538,106,433.82 2,241,689.22 8,619,587.73
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 37,686,860.30 811,270.03 0.00 I-A-2 0.00 384,192,268.09 8,270,353.93 0.00 I-A-3 0.00 5,850,768.00 125,947.15 0.00 I-A-4 0.00 25,249,640.60 717,134.69 0.00 I-A-5 0.00 10,000,000.00 41,670.28 0.00 I-A-R 0.00 0.00 0.00 0.00 I-A-LR 0.00 0.00 0.00 0.00 II-A-1 0.00 48,500,989.33 794,575.97 0.00 II-A-2 0.00 1,516,140.93 24,838.44 0.00 B-1 0.00 6,320,831.13 28,934.63 0.00 B-2 0.00 4,397,404.01 20,129.83 0.00 B-3 0.00 1,923,427.11 8,804.80 0.00 B-4 0.00 1,649,650.99 7,551.54 0.00 B-5 0.00 1,373,876.51 6,289.14 0.00 B-6 0.00 824,989.06 3,776.52 0.00 Totals 0.00 529,486,846.06 10,861,276.95 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 39,237,500.00 38,338,373.26 12,805.19 638,707.77 0.00 0.00 I-A-2 400,000,000.00 390,834,005.79 130,540.30 6,511,197.40 0.00 0.00 I-A-3 6,091,500.00 5,951,913.37 1,987.97 99,157.40 0.00 0.00 I-A-4 26,700,000.00 25,859,020.03 11,977.07 597,402.36 0.00 0.00 I-A-5 10,000,000.00 10,000,000.00 0.00 0.00 0.00 0.00 I-A-R 50.00 0.00 0.00 0.00 0.00 0.00 I-A-LR 50.00 0.00 0.00 0.00 0.00 0.00 II-A-1 50,000,000.00 49,091,577.78 54,959.94 535,628.50 0.00 0.00 II-A-2 1,563,000.00 1,534,602.72 1,718.05 16,743.75 0.00 0.00 B-1 6,326,000.00 6,323,423.08 2,591.95 0.00 0.00 0.00 B-2 4,401,000.00 4,399,207.24 1,803.22 0.00 0.00 0.00 B-3 1,925,000.00 1,924,215.84 788.73 0.00 0.00 0.00 B-4 1,651,000.00 1,650,327.46 676.46 0.00 0.00 0.00 B-5 1,375,000.00 1,374,439.89 563.38 0.00 0.00 0.00 B-6 825,663.70 825,327.36 338.30 0.00 0.00 0.00 Totals 550,095,763.70 538,106,433.82 220,750.56 8,398,837.18 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-1 651,512.96 37,686,860.30 0.96048067 651,512.96 I-A-2 6,641,737.70 384,192,268.09 0.96048067 6,641,737.70 I-A-3 101,145.36 5,850,768.00 0.96048067 101,145.36 I-A-4 609,379.43 25,249,640.60 0.94567942 609,379.43 I-A-5 0.00 10,000,000.00 1.00000000 0.00 I-A-R 0.00 0.00 0.00000000 0.00 I-A-LR 0.00 0.00 0.00000000 0.00 II-A-1 590,588.45 48,500,989.33 0.97001979 590,588.45 II-A-2 18,461.79 1,516,140.93 0.97001979 18,461.79 B-1 2,591.95 6,320,831.13 0.99918292 2,591.95 B-2 1,803.22 4,397,404.01 0.99918292 1,803.22 B-3 788.73 1,923,427.11 0.99918291 788.73 B-4 676.46 1,649,650.99 0.99918291 676.46 B-5 563.38 1,373,876.51 0.99918292 563.38 B-6 338.30 824,989.06 0.99918291 338.30 Totals 8,619,587.73 529,486,846.06 0.96253576 8,619,587.73
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 39,237,500.00 977.08501459 0.32635081 16.27799350 0.00000000 I-A-2 400,000,000.00 977.08501448 0.32635075 16.27799350 0.00000000 I-A-3 6,091,500.00 977.08501519 0.32635147 16.27799393 0.00000000 I-A-4 26,700,000.00 968.50262285 0.44857940 22.37462022 0.00000000 I-A-5 10,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 50,000,000.00 981.83155560 1.09919880 10.71257000 0.00000000 II-A-2 1,563,000.00 981.83155470 1.09920026 10.71257198 0.00000000 B-1 6,326,000.00 999.59264622 0.40972969 0.00000000 0.00000000 B-2 4,401,000.00 999.59264713 0.40972961 0.00000000 0.00000000 B-3 1,925,000.00 999.59264416 0.40972987 0.00000000 0.00000000 B-4 1,651,000.00 999.59264688 0.40972744 0.00000000 0.00000000 B-5 1,375,000.00 999.59264727 0.40973091 0.00000000 0.00000000 B-6 825,663.70 999.59264286 0.40973098 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 16.60434431 960.48067028 0.96048067 16.60434431 I-A-2 0.00000000 16.60434425 960.48067023 0.96048067 16.60434425 I-A-3 0.00000000 16.60434376 960.48066979 0.96048067 16.60434376 I-A-4 0.00000000 22.82319963 945.67942322 0.94567942 22.82319963 I-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 11.81176900 970.01978660 0.97001979 11.81176900 II-A-2 0.00000000 11.81176583 970.01978887 0.97001979 11.81176583 B-1 0.00000000 0.40972969 999.18291653 0.99918292 0.40972969 B-2 0.00000000 0.40972961 999.18291525 0.99918292 0.40972961 B-3 0.00000000 0.40972987 999.18291429 0.99918291 0.40972987 B-4 0.00000000 0.40972744 999.18291339 0.99918291 0.40972744 B-5 0.00000000 0.40973091 999.18291636 0.99918292 0.40973091 B-6 0.00000000 0.40973098 999.18291188 0.99918291 0.40973098 (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 39,237,500.00 5.00083% 38,338,373.26 159,769.74 0.00 0.00 I-A-2 400,000,000.00 5.00083% 390,834,005.79 1,628,745.31 0.00 0.00 I-A-3 6,091,500.00 5.00083% 5,951,913.37 24,803.76 0.00 0.00 I-A-4 26,700,000.00 5.00083% 25,859,020.03 107,763.80 0.00 0.00 I-A-5 10,000,000.00 5.00083% 10,000,000.00 41,673.58 0.00 0.00 I-A-R 50.00 4.99609% 0.00 0.00 0.00 0.00 I-A-LR 50.00 4.99609% 0.00 0.00 0.00 0.00 II-A-1 50,000,000.00 4.98669% 49,091,577.78 204,003.69 0.00 0.00 II-A-2 1,563,000.00 4.98669% 1,534,602.72 6,377.16 0.00 0.00 B-1 6,326,000.00 4.99946% 6,323,423.08 26,344.77 0.00 0.00 B-2 4,401,000.00 4.99946% 4,399,207.24 18,328.06 0.00 0.00 B-3 1,925,000.00 4.99946% 1,924,215.84 8,016.71 0.00 0.00 B-4 1,651,000.00 4.99946% 1,650,327.46 6,875.63 0.00 0.00 B-5 1,375,000.00 4.99946% 1,374,439.89 5,726.22 0.00 0.00 B-6 825,663.70 4.99946% 825,327.36 3,438.50 0.00 0.00 Totals 550,095,763.70 2,241,866.93 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 12.66 0.00 159,757.07 0.00 37,686,860.30 I-A-2 129.09 0.00 1,628,616.23 0.00 384,192,268.09 I-A-3 1.97 0.00 24,801.79 0.00 5,850,768.00 I-A-4 8.54 0.00 107,755.26 0.00 25,249,640.60 I-A-5 3.30 0.00 41,670.28 0.00 10,000,000.00 I-A-R 0.00 0.00 0.00 0.00 0.00 I-A-LR 0.00 0.00 0.00 0.00 0.00 II-A-1 16.17 0.00 203,987.52 0.00 48,500,989.33 II-A-2 0.51 0.00 6,376.65 0.00 1,516,140.93 B-1 2.09 0.00 26,342.68 0.00 6,320,831.13 B-2 1.45 0.00 18,326.61 0.00 4,397,404.01 B-3 0.64 0.00 8,016.07 0.00 1,923,427.11 B-4 0.54 0.00 6,875.08 0.00 1,649,650.99 B-5 0.45 0.00 5,725.76 0.00 1,373,876.51 B-6 0.27 0.00 3,438.22 0.00 824,989.06 Totals 177.68 0.00 2,241,689.22 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 39,237,500.00 5.00083% 977.08501459 4.07186340 0.00000000 0.00000000 I-A-2 400,000,000.00 5.00083% 977.08501448 4.07186328 0.00000000 0.00000000 I-A-3 6,091,500.00 5.00083% 977.08501519 4.07186407 0.00000000 0.00000000 I-A-4 26,700,000.00 5.00083% 968.50262285 4.03609738 0.00000000 0.00000000 I-A-5 10,000,000.00 5.00083% 1000.00000000 4.16735800 0.00000000 0.00000000 I-A-R 50.00 4.99609% 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 50.00 4.99609% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 50,000,000.00 4.98669% 981.83155560 4.08007380 0.00000000 0.00000000 II-A-2 1,563,000.00 4.98669% 981.83155470 4.08007678 0.00000000 0.00000000 B-1 6,326,000.00 4.99946% 999.59264622 4.16452261 0.00000000 0.00000000 B-2 4,401,000.00 4.99946% 999.59264713 4.16452170 0.00000000 0.00000000 B-3 1,925,000.00 4.99946% 999.59264416 4.16452468 0.00000000 0.00000000 B-4 1,651,000.00 4.99946% 999.59264688 4.16452453 0.00000000 0.00000000 B-5 1,375,000.00 4.99946% 999.59264727 4.16452364 0.00000000 0.00000000 B-6 825,663.70 4.99946% 999.59264286 4.16452849 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 0.00032265 0.00000000 4.07154049 0.00000000 960.48067028 I-A-2 0.00032273 0.00000000 4.07154058 0.00000000 960.48067023 I-A-3 0.00032340 0.00000000 4.07154067 0.00000000 960.48066979 I-A-4 0.00031985 0.00000000 4.03577753 0.00000000 945.67942322 I-A-5 0.00033000 0.00000000 4.16702800 0.00000000 1000.00000000 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00032340 0.00000000 4.07975040 0.00000000 970.01978660 II-A-2 0.00032630 0.00000000 4.07975048 0.00000000 970.01978887 B-1 0.00033038 0.00000000 4.16419222 0.00000000 999.18291653 B-2 0.00032947 0.00000000 4.16419223 0.00000000 999.18291525 B-3 0.00033247 0.00000000 4.16419221 0.00000000 999.18291429 B-4 0.00032707 0.00000000 4.16419140 0.00000000 999.18291339 B-5 0.00032727 0.00000000 4.16418909 0.00000000 999.18291636 B-6 0.00032701 0.00000000 4.16418937 0.00000000 999.18291188 (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 36,167.68 Deposits Payments of Interest and Principal 11,007,138.38 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 11,007,138.38 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 112,079.49 Payment of Interest and Principal 10,861,276.97 Total Withdrawals (Pool Distribution Amount) 10,973,356.46 Ending Balance 69,949.60
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 4,671.46 Servicing Fee Support 4,493.78 Non-Supported Prepayment/Curtailment Interest Shortfall 177.68
SERVICING FEES Gross Servicing Fee 112,089.68 Master Servicing Fee 4,483.59 Supported Prepayment/Curtailment Interest Shortfall 4,493.78 Net Servicing Fee 112,079.49
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 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 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 0.000000% 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%
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 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% 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 73,567.67
COLLATERAL STATEMENT Collateral Description 7/1 CMT ARM Weighted Average Gross Coupon 5.259767% Weighted Average Net Coupon 4.999767% Weighted Average Pass-Through Rate 4.999767% Weighted Average Maturity(Stepdown Calculation ) 356 Beginning Scheduled Collateral Loan Count 1,283 Number Of Loans Paid In Full 16 Ending Scheduled Collateral Loan Count 1,267 Beginning Scheduled Collateral Balance 538,106,433.81 Ending Scheduled Collateral Balance 529,486,846.07 Ending Actual Collateral Balance at 30-Nov-2004 534,606,800.64 Monthly P &I Constant 2,584,282.95 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 529,486,846.07 Scheduled Principal 220,750.56 Unscheduled Principal 8,398,837.18 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 515,200,074.13 Greater Than 80%, less than or equal to 85% 1,907,077.01 Greater than 85%, less than or equal to 95% 10,912,742.99 Greater than 95% 1,458,723.87
Group Level Collateral Statement Group 1 2 Total Collateral Description 7/1 CMT ARM 7/1 CMT ARM 7/1 CMT ARM Weighted Average Coupon Rate 5.260903 5.249198 5.259767 Weighted Average Net Rate 5.000903 4.989198 4.999767 Weighted Average Maturity 356 356 356 Beginning Loan Count 1,161 122 1,283 Loans Paid In Full 15 1 16 Ending Loan Count 1,146 121 1,267 Beginning Scheduled Balance 485,886,436.56 52,219,997.25 538,106,433.81 Ending scheduled Balance 477,877,683.40 51,609,162.67 529,486,846.07 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 2,296,755.79 287,527.16 2,584,282.95 Scheduled Principal 162,288.23 58,462.33 220,750.56 Unscheduled Principal 7,846,464.93 552,372.25 8,398,837.18 Scheduled Interest 2,129,834.91 228,427.58 2,358,262.49 Servicing Fees 101,210.52 10,879.17 112,089.68 Master Servicing Fees 4,048.42 435.17 4,483.59 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 2,024,575.97 217,113.25 2,241,689.22 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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