-----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, PmcwYsmJ6Z8VLMbkIp6wRWmw4q0ERnJwMK7lC2iYUZdZm9+S5vyNSdXfXex/bSMJ ENsYOHfCzenicH5uhACGjg== 0001056404-04-004115.txt : 20041202 0001056404-04-004115.hdr.sgml : 20041202 20041202105542 ACCESSION NUMBER: 0001056404-04-004115 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041126 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Morgan Stanley Mortgage Loan Trust 2004-10AR CENTRAL INDEX KEY: 0001307593 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: 333-104283-20 FILM NUMBER: 041179254 BUSINESS ADDRESS: STREET 1: 1585 BROADWAY STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2127614700 MAIL ADDRESS: STREET 1: 1585 BROADWAY STREET 2: 2ND FL CITY: NEW YORK STATE: NY ZIP: 10036 8-K 1 msm0410a_nov.txt NOVEMBER 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): November 26, 2004 MORGAN STANLEY MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-10AR Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-104283-20 52-2162623 Pooling and Servicing Agreement) (Commission 54-2162624 (State or other File Number) 54-2162625 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 November 26, 2004 a distribution was made to holders of MORGAN STANLEY MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2004-10AR 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 2004-10AR Trust, relating to the November 26, 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. MORGAN STANLEY MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-10AR 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: 11/30/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-10AR Trust, relating to the November 26, 2004 distribution. EX-99.1
Morgan Stanley Mortgage Loan Trust Mortgage Pass-Through Certificates Record Date: 10/31/04 Distribution Date: 11/26/04 MSML Series: 2004-10AR 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 1-A 61748HFC0 SEN 4.82270% 48,498,000.00 194,909.33 2,119,576.68 A-R 61748HFN6 SEN 4.82270% 100.00 0.40 100.00 2-A-1 61748HFD8 SEN 5.14801% 106,543,000.00 457,070.29 233,427.43 2-A-2 61748HFE6 SEN 5.14801% 115,000,000.00 493,350.88 251,956.06 2-A-3 61748HFF3 SEN 5.14801% 6,825,000.00 29,279.30 14,953.04 3-A 61748HFG1 SEN 4.43447% 50,055,000.00 184,972.76 315,772.22 3-X 61748HFH9 SEN 0.30000% 0.00 12,513.75 0.00 4-A 61748HFJ5 SEN 5.49358% 25,168,000.00 115,218.65 568,691.52 B-1 61748HFK2 SUB 5.06910% 6,900,000.00 29,147.34 1,340.48 B-2 61748HFL0 SUB 5.06910% 5,408,000.00 22,844.75 1,050.62 B-3 61748HFM8 SUB 5.06910% 3,357,000.00 14,180.81 652.17 B-4 61748HFP1 SUB 5.06910% 2,425,000.00 10,243.81 471.11 B-5 61748HFQ9 SUB 5.06910% 1,678,000.00 7,088.29 325.99 B-6 61748HFR7 SUB 5.06910% 1,119,360.53 4,728.46 217.46 P 61748HFS5 SEN 0.00000% 100.00 3,710.50 0.00 Totals 372,976,560.53 1,579,259.32 3,508,534.78
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A 0.00 46,378,423.32 2,314,486.01 0.00 A-R 0.00 0.00 100.40 0.00 2-A-1 0.00 106,309,572.57 690,497.72 0.00 2-A-2 0.00 114,748,043.94 745,306.94 0.00 2-A-3 0.00 6,810,046.96 44,232.34 0.00 3-A 0.00 49,739,227.78 500,744.98 0.00 3-X 0.00 0.00 12,513.75 0.00 4-A 0.00 24,599,308.48 683,910.17 0.00 B-1 0.00 6,898,659.52 30,487.82 0.00 B-2 0.00 5,406,949.38 23,895.37 0.00 B-3 0.00 3,356,347.83 14,832.98 0.00 B-4 0.00 2,424,528.89 10,714.92 0.00 B-5 0.00 1,677,674.01 7,414.28 0.00 B-6 0.00 1,119,143.07 4,945.92 0.00 P 0.00 100.00 3,710.50 0.00 Totals 0.00 369,468,025.75 5,087,794.10 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-A 48,498,000.00 48,498,000.00 10,900.53 2,108,676.15 0.00 0.00 A-R 100.00 100.00 0.51 99.49 0.00 0.00 2-A-1 106,543,000.00 106,543,000.00 5,645.39 227,782.04 0.00 0.00 2-A-2 115,000,000.00 115,000,000.00 6,093.50 245,862.56 0.00 0.00 2-A-3 6,825,000.00 6,825,000.00 361.64 14,591.41 0.00 0.00 3-A 50,055,000.00 50,055,000.00 35,229.79 280,542.43 0.00 0.00 3-X 0.00 0.00 0.00 0.00 0.00 0.00 4-A 25,168,000.00 25,168,000.00 10,173.62 558,517.90 0.00 0.00 B-1 6,900,000.00 6,900,000.00 1,340.48 0.00 0.00 0.00 B-2 5,408,000.00 5,408,000.00 1,050.62 0.00 0.00 0.00 B-3 3,357,000.00 3,357,000.00 652.17 0.00 0.00 0.00 B-4 2,425,000.00 2,425,000.00 471.11 0.00 0.00 0.00 B-5 1,678,000.00 1,678,000.00 325.99 0.00 0.00 0.00 B-6 1,119,360.53 1,119,360.53 217.46 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 372,976,560.53 372,976,560.53 72,462.81 3,436,071.98 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-A 2,119,576.68 46,378,423.32 0.95629559 2,119,576.68 A-R 100.00 0.00 0.00000000 100.00 2-A-1 233,427.43 106,309,572.57 0.99780908 233,427.43 2-A-2 251,956.06 114,748,043.94 0.99780908 251,956.06 2-A-3 14,953.04 6,810,046.96 0.99780908 14,953.04 3-A 315,772.22 49,739,227.78 0.99369149 315,772.22 3-X 0.00 0.00 0.00000000 0.00 4-A 568,691.52 24,599,308.48 0.97740418 568,691.52 B-1 1,340.48 6,898,659.52 0.99980573 1,340.48 B-2 1,050.62 5,406,949.38 0.99980573 1,050.62 B-3 652.17 3,356,347.83 0.99980573 652.17 B-4 471.11 2,424,528.89 0.99980573 471.11 B-5 325.99 1,677,674.01 0.99980573 325.99 B-6 217.46 1,119,143.07 0.99980573 217.46 P 0.00 100.00 1.00000000 0.00 Totals 3,508,534.78 369,468,025.75 0.99059315 3,508,534.78
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A 48,498,000.00 1000.00000000 0.22476246 43.47965174 0.00000000 A-R 100.00 1000.00000000 5.10000000 994.90000000 0.00000000 2-A-1 106,543,000.00 1000.00000000 0.05298696 2.13793529 0.00000000 2-A-2 115,000,000.00 1000.00000000 0.05298696 2.13793530 0.00000000 2-A-3 6,825,000.00 1000.00000000 0.05298755 2.13793553 0.00000000 3-A 50,055,000.00 1000.00000000 0.70382160 5.60468345 0.00000000 3-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A 25,168,000.00 1000.00000000 0.40422839 22.19158853 0.00000000 B-1 6,900,000.00 1000.00000000 0.19427246 0.00000000 0.00000000 B-2 5,408,000.00 1000.00000000 0.19427145 0.00000000 0.00000000 B-3 3,357,000.00 1000.00000000 0.19427167 0.00000000 0.00000000 B-4 2,425,000.00 1000.00000000 0.19427216 0.00000000 0.00000000 B-5 1,678,000.00 1000.00000000 0.19427294 0.00000000 0.00000000 B-6 1,119,360.53 1000.00000000 0.19427163 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per $1000 denomination
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A 0.00000000 43.70441420 956.29558580 0.95629559 43.70441420 A-R 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 2-A-1 0.00000000 2.19092226 997.80907774 0.99780908 2.19092226 2-A-2 0.00000000 2.19092226 997.80907774 0.99780908 2.19092226 2-A-3 0.00000000 2.19092161 997.80907839 0.99780908 2.19092161 3-A 0.00000000 6.30850504 993.69149496 0.99369149 6.30850504 3-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A 0.00000000 22.59581691 977.40418309 0.97740418 22.59581691 B-1 0.00000000 0.19427246 999.80572754 0.99980573 0.19427246 B-2 0.00000000 0.19427145 999.80572855 0.99980573 0.19427145 B-3 0.00000000 0.19427167 999.80572833 0.99980573 0.19427167 B-4 0.00000000 0.19427216 999.80572784 0.99980573 0.19427216 B-5 0.00000000 0.19427294 999.80572706 0.99980573 0.19427294 B-6 0.00000000 0.19427163 999.80572837 0.99980573 0.19427163 P 0.00000000 0.00000000 1,000.00000000 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-A 48,498,000.00 4.82270% 48,498,000.00 194,909.33 0.00 0.00 A-R 100.00 4.82270% 100.00 0.40 0.00 0.00 2-A-1 106,543,000.00 5.14801% 106,543,000.00 457,070.29 0.00 0.00 2-A-2 115,000,000.00 5.14801% 115,000,000.00 493,350.88 0.00 0.00 2-A-3 6,825,000.00 5.14801% 6,825,000.00 29,279.30 0.00 0.00 3-A 50,055,000.00 4.43447% 50,055,000.00 184,972.76 0.00 0.00 3-X 0.00 0.30000% 50,055,000.00 12,513.75 0.00 0.00 4-A 25,168,000.00 5.49358% 25,168,000.00 115,218.65 0.00 0.00 B-1 6,900,000.00 5.06910% 6,900,000.00 29,147.34 0.00 0.00 B-2 5,408,000.00 5.06910% 5,408,000.00 22,844.75 0.00 0.00 B-3 3,357,000.00 5.06910% 3,357,000.00 14,180.81 0.00 0.00 B-4 2,425,000.00 5.06910% 2,425,000.00 10,243.81 0.00 0.00 B-5 1,678,000.00 5.06910% 1,678,000.00 7,088.29 0.00 0.00 B-6 1,119,360.53 5.06910% 1,119,360.53 4,728.46 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 Totals 372,976,560.53 1,575,548.82 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-A 0.00 0.00 194,909.33 0.00 46,378,423.32 A-R 0.00 0.00 0.40 0.00 0.00 2-A-1 0.00 0.00 457,070.29 0.00 106,309,572.57 2-A-2 0.00 0.00 493,350.88 0.00 114,748,043.94 2-A-3 0.00 0.00 29,279.30 0.00 6,810,046.96 3-A 0.00 0.00 184,972.76 0.00 49,739,227.78 3-X 0.00 0.00 12,513.75 0.00 49,739,227.78 4-A 0.00 0.00 115,218.65 0.00 24,599,308.48 B-1 0.00 0.00 29,147.34 0.00 6,898,659.52 B-2 0.00 0.00 22,844.75 0.00 5,406,949.38 B-3 0.00 0.00 14,180.81 0.00 3,356,347.83 B-4 0.00 0.00 10,243.81 0.00 2,424,528.89 B-5 0.00 0.00 7,088.29 0.00 1,677,674.01 B-6 0.00 0.00 4,728.46 0.00 1,119,143.07 P 0.00 0.00 3,710.50 0.00 100.00 Totals 0.00 0.00 1,579,259.32 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-A 48,498,000.00 4.82270% 1000.00000000 4.01891480 0.00000000 0.00000000 A-R 100.00 4.82270% 1000.00000000 4.00000000 0.00000000 0.00000000 2-A-1 106,543,000.00 5.14801% 1000.00000000 4.29000770 0.00000000 0.00000000 2-A-2 115,000,000.00 5.14801% 1000.00000000 4.29000765 0.00000000 0.00000000 2-A-3 6,825,000.00 5.14801% 1000.00000000 4.29000733 0.00000000 0.00000000 3-A 50,055,000.00 4.43447% 1000.00000000 3.69539027 0.00000000 0.00000000 3-X 0.00 0.30000% 1000.00000000 0.25000000 0.00000000 0.00000000 4-A 25,168,000.00 5.49358% 1000.00000000 4.57798196 0.00000000 0.00000000 B-1 6,900,000.00 5.06910% 1000.00000000 4.22425217 0.00000000 0.00000000 B-2 5,408,000.00 5.06910% 1000.00000000 4.22425111 0.00000000 0.00000000 B-3 3,357,000.00 5.06910% 1000.00000000 4.22425082 0.00000000 0.00000000 B-4 2,425,000.00 5.06910% 1000.00000000 4.22425155 0.00000000 0.00000000 B-5 1,678,000.00 5.06910% 1000.00000000 4.22424911 0.00000000 0.00000000 B-6 1,119,360.53 5.06910% 1000.00000000 4.22425114 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 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-A 0.00000000 0.00000000 4.01891480 0.00000000 956.29558580 A-R 0.00000000 0.00000000 4.00000000 0.00000000 0.00000000 2-A-1 0.00000000 0.00000000 4.29000770 0.00000000 997.80907774 2-A-2 0.00000000 0.00000000 4.29000765 0.00000000 997.80907774 2-A-3 0.00000000 0.00000000 4.29000733 0.00000000 997.80907839 3-A 0.00000000 0.00000000 3.69539027 0.00000000 993.69149496 3-X 0.00000000 0.00000000 0.25000000 0.00000000 993.69149496 4-A 0.00000000 0.00000000 4.57798196 0.00000000 977.40418309 B-1 0.00000000 0.00000000 4.22425217 0.00000000 999.80572754 B-2 0.00000000 0.00000000 4.22425111 0.00000000 999.80572855 B-3 0.00000000 0.00000000 4.22425082 0.00000000 999.80572833 B-4 0.00000000 0.00000000 4.22425155 0.00000000 999.80572784 B-5 0.00000000 0.00000000 4.22424911 0.00000000 999.80572706 B-6 0.00000000 0.00000000 4.22425114 0.00000000 999.80572837 P 0.00000000 0.00000000 37105.00000000 0.00000000 1000.00000000 (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 5,171,556.44 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 3,710.50 Total Deposits 5,175,266.94 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 87,472.84 Payment of Interest and Principal 5,087,794.10 Total Withdrawals (Pool Distribution Amount) 5,175,266.94 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 87,472.84 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 87,472.84
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 1 0 0 0 1 107,946.86 0.00 0.00 0.00 107,946.86 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 2 0 0 0 2 1,435,504.88 0.00 0.00 0.00 1,435,504.88 Totals 3 0 0 0 3 1,543,451.74 0.00 0.00 0.00 1,543,451.74 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 0.075188% 0.000000% 0.000000% 0.000000% 0.075188% 0.029214% 0.000000% 0.000000% 0.000000% 0.029214% 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 0.150376% 0.000000% 0.000000% 0.000000% 0.150376% 0.388499% 0.000000% 0.000000% 0.000000% 0.388499% Totals 0.225564% 0.000000% 0.000000% 0.000000% 0.225564% 0.417714% 0.000000% 0.000000% 0.000000% 0.417714%
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 1 0 0 0 1 107,946.86 0.00 0.00 0.00 107,946.86 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 2 0 0 0 2 1,435,504.88 0.00 0.00 0.00 1,435,504.88 Totals 3 0 0 0 3 1,543,451.74 0.00 0.00 0.00 1,543,451.74 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.113636% 0.000000% 0.000000% 0.000000% 0.113636% 0.044714% 0.000000% 0.000000% 0.000000% 0.044714% 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 0.227273% 0.000000% 0.000000% 0.000000% 0.227273% 0.594616% 0.000000% 0.000000% 0.000000% 0.594616% Totals 0.340909% 0.000000% 0.000000% 0.000000% 0.340909% 0.639330% 0.000000% 0.000000% 0.000000% 0.639330% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 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 4 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 6,456.70
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 150,000.00 0.04021700% 150,000.00 0.04059892% Fraud 11,189,294.00 2.99999925% 11,189,294.00 3.02848860% Special Hazard 5,438,400.00 1.45810771% 5,438,400.00 1.47195457% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.350919% Weighted Average Net Coupon 5.069487% Weighted Average Pass-Through Rate 5.069110% Weighted Average Maturity(Stepdown Calculation ) 357 Beginning Scheduled Collateral Loan Count 1,339 Number Of Loans Paid In Full 9 Ending Scheduled Collateral Loan Count 1,330 Beginning Scheduled Collateral Balance 372,976,560.53 Ending Scheduled Collateral Balance 369,467,925.75 Ending Actual Collateral Balance at 31-Oct-2004 369,499,878.48 Monthly P &I Constant 1,735,601.74 Special Servicing Fee 0.00 Prepayment Penalties 3,710.50 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 72,462.80 Unscheduled Principal 3,436,071.98
Miscellaneous Reporting Senior Percentage 94.399818% Subordinate Percentage 5.600182%
Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.085635 5.428999 5.034022 Weighted Average Net Rate 4.822698 5.148011 4.737117 Weighted Average Maturity 357 357 356 Beginning Loan Count 139 883 211 Loans Paid In Full 3 3 1 Ending Loan Count 136 880 210 Beginning Scheduled Balance 51,375,844.00 241,915,750.00 53,024,114.00 Ending scheduled Balance 49,255,520.03 241,414,695.60 52,706,252.46 Record Date 10/31/2004 10/31/2004 10/31/2004 Principal And Interest Constant 229,280.22 1,107,285.27 259,756.63 Scheduled Principal 11,547.88 12,818.37 37,319.52 Unscheduled Principal 2,108,775.64 488,236.01 280,542.43 Scheduled Interest 217,732.34 1,094,466.90 222,437.11 Servicing Fees 11,257.20 56,646.19 13,119.25 Master Servicing Fees 0.00 0.00 0.00 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 0.00 117.06 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 206,475.14 1,037,820.71 209,200.80 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 4.822698 5.148011 4.734468
Group Level Collateral Statement Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.783899 5.350919 Weighted Average Net Rate 5.493576 5.069487 Weighted Average Maturity 356 357 Beginning Loan Count 106 1,339 Loans Paid In Full 2 9 Ending Loan Count 104 1,330 Beginning Scheduled Balance 26,660,753.00 372,976,461.00 Ending scheduled Balance 26,091,457.66 369,467,925.75 Record Date 10/31/2004 10/31/2004 Principal And Interest Constant 139,279.62 1,735,601.74 Scheduled Principal 10,777.03 72,462.80 Unscheduled Principal 558,517.90 3,436,071.98 Scheduled Interest 128,502.59 1,663,138.94 Servicing Fees 6,450.20 87,472.84 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 117.06 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 122,052.39 1,575,549.04 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 5.493576 5.069110
Miscellaneous Reporting Group 1 Group 1 Senior Percentage 94.398645% Group 1 Senior Prepayment Percentage 100.000000% Group 1 Subordinate Percentage 5.601355% Group 1 Subordinate Prepayment % 0.000000% Group 2 Group 2 Senior Percentage 94.399807% Group 2 Senior Prepayment Percentage 100.000000% Group 2 Subordinate Percentage 5.600193% Group 2 Subordinate Prepayment % 0.000000% Group 3 Group 3 Senior Percentage 94.400445% Group 3 Senior Prepayment Percentage 100.000000% Group 3 Subordinate Percentage 5.599555% Group 3 Subordinate Prepayment % 0.000000%
Miscellaneous Reporting Group 4 Group 4 Senior Percentage 94.400936% Group 4 Senior Prepayment Percentage 100.000000% Group 4 Subordinate Percentage 5.599064% Group 4 Subordinate Prepayment % 0.000000%
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