-----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, F9zn3DUTBkmkzKxRsdaHGPpG2WplM+jDx/tGOfSKxz33oSl9+JZIuCwAhTb+14uQ gRrwLJjJWS9y3+Fob0A3iA== 0001056404-05-000296.txt : 20050105 0001056404-05-000296.hdr.sgml : 20050105 20050105155021 ACCESSION NUMBER: 0001056404-05-000296 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: 20050105 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: 05512640 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 msm04ar10_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 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 Pooling and Servicing Agreement) (Commission 52-2162623 (State or other File Number) 54-2162624 jurisdiction 54-2162625 of Incorporation) IRS EIN 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 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 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. 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: 12/29/2004 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 December 27, 2004 distribution. EX-99.1
Morgan Stanley Mortgage Loan Trust Mortgage Pass-Through Certificates Record Date: 11/30/2004 Distribution Date: 12/27/2004 Morgan Stanley Mortgage Loan Trust Mortgage Pass-Through Certificates 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 4.83050% 46,378,423.32 186,692.56 560,210.85 A-R 61748HFN6 SEN 4.83456% 0.00 0.00 0.00 2-A-1 61748HFD8 SEN 5.14829% 106,309,572.57 456,093.65 335,621.33 2-A-2 61748HFE6 SEN 5.14829% 114,748,043.94 492,296.72 362,261.74 2-A-3 61748HFF3 SEN 5.14829% 6,810,046.96 29,216.74 21,499.45 3-A 61748HFG1 SEN 4.43300% 49,739,227.78 183,744.77 38,605.78 3-X 61748HFH9 SEN 0.30000% 0.00 12,434.81 0.00 4-A 61748HFJ5 SEN 5.48563% 24,599,308.48 112,452.28 203,447.62 B-1 61748HFK2 SUB 5.06961% 6,898,659.52 29,144.58 1,303.56 B-2 61748HFL0 SUB 5.06961% 5,406,949.38 22,842.59 1,021.69 B-3 61748HFM8 SUB 5.06961% 3,356,347.83 14,179.47 634.21 B-4 61748HFP1 SUB 5.06961% 2,424,528.89 10,242.84 458.13 B-5 61748HFQ9 SUB 5.06961% 1,677,674.01 7,087.62 317.01 B-6 61748HFR7 SUB 5.06961% 1,119,143.07 4,728.01 211.47 P 61748HFS5 SEN 0.00000% 100.00 0.00 0.00 Totals 369,468,025.75 1,561,156.64 1,525,592.84
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A 0.00 45,818,212.47 746,903.41 0.00 A-R 0.00 0.00 0.00 0.00 2-A-1 0.00 105,973,951.25 791,714.98 0.00 2-A-2 0.00 114,385,782.20 854,558.46 0.00 2-A-3 0.00 6,788,547.51 50,716.19 0.00 3-A 0.00 49,700,621.99 222,350.55 0.00 3-X 0.00 0.00 12,434.81 0.00 4-A 0.00 24,395,860.87 315,899.90 0.00 B-1 0.00 6,897,355.97 30,448.14 0.00 B-2 0.00 5,405,927.69 23,864.28 0.00 B-3 0.00 3,355,713.62 14,813.68 0.00 B-4 0.00 2,424,070.76 10,700.97 0.00 B-5 0.00 1,677,357.00 7,404.63 0.00 B-6 0.00 1,118,931.60 4,939.48 0.00 P 0.00 100.00 0.00 0.00 Totals 0.00 367,942,432.93 3,086,749.48 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 46,378,423.32 8,680.29 551,530.56 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 2-A-1 106,543,000.00 106,309,572.57 5,707.86 329,913.46 0.00 0.00 2-A-2 115,000,000.00 114,748,043.94 6,160.93 356,100.81 0.00 0.00 2-A-3 6,825,000.00 6,810,046.96 365.64 21,133.81 0.00 0.00 3-A 50,055,000.00 49,739,227.78 35,064.02 3,541.76 0.00 0.00 3-X 0.00 0.00 0.00 0.00 0.00 0.00 4-A 25,168,000.00 24,599,308.48 9,703.64 193,743.98 0.00 0.00 B-1 6,900,000.00 6,898,659.52 1,303.56 0.00 0.00 0.00 B-2 5,408,000.00 5,406,949.38 1,021.69 0.00 0.00 0.00 B-3 3,357,000.00 3,356,347.83 634.21 0.00 0.00 0.00 B-4 2,425,000.00 2,424,528.89 458.13 0.00 0.00 0.00 B-5 1,678,000.00 1,677,674.01 317.01 0.00 0.00 0.00 B-6 1,119,360.53 1,119,143.07 211.47 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 372,976,560.53 369,468,025.75 69,628.45 1,455,964.38 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 560,210.85 45,818,212.47 0.94474437 560,210.85 A-R 0.00 0.00 0.00000000 0.00 2-A-1 335,621.33 105,973,951.25 0.99465898 335,621.33 2-A-2 362,261.74 114,385,782.20 0.99465898 362,261.74 2-A-3 21,499.45 6,788,547.51 0.99465898 21,499.45 3-A 38,605.78 49,700,621.99 0.99292023 38,605.78 3-X 0.00 0.00 0.00000000 0.00 4-A 203,447.62 24,395,860.87 0.96932060 203,447.62 B-1 1,303.56 6,897,355.97 0.99961681 1,303.56 B-2 1,021.69 5,405,927.69 0.99961681 1,021.69 B-3 634.21 3,355,713.62 0.99961681 634.21 B-4 458.13 2,424,070.76 0.99961681 458.13 B-5 317.01 1,677,357.00 0.99961681 317.01 B-6 211.47 1,118,931.60 0.99961681 211.47 P 0.00 100.00 1.00000000 0.00 Totals 1,525,592.84 367,942,432.93 0.98650283 1,525,592.84
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A 48,498,000.00 956.29558580 0.17898243 11.37223308 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 106,543,000.00 997.80907774 0.05357330 3.09652873 0.00000000 2-A-2 115,000,000.00 997.80907774 0.05357330 3.09652878 0.00000000 2-A-3 6,825,000.00 997.80907839 0.05357363 3.09652894 0.00000000 3-A 50,055,000.00 993.69149496 0.70050984 0.07075737 0.00000000 3-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A 25,168,000.00 977.40418309 0.38555467 7.69802845 0.00000000 B-1 6,900,000.00 999.80572754 0.18892174 0.00000000 0.00000000 B-2 5,408,000.00 999.80572855 0.18892197 0.00000000 0.00000000 B-3 3,357,000.00 999.80572833 0.18892166 0.00000000 0.00000000 B-4 2,425,000.00 999.80572784 0.18891959 0.00000000 0.00000000 B-5 1,678,000.00 999.80572706 0.18892133 0.00000000 0.00000000 B-6 1,119,360.53 999.80572837 0.18892037 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 11.55121551 944.74437028 0.94474437 11.55121551 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 3.15010212 994.65897572 0.99465898 3.15010212 2-A-2 0.00000000 3.15010209 994.65897565 0.99465898 3.15010209 2-A-3 0.00000000 3.15010256 994.65897582 0.99465898 3.15010256 3-A 0.00000000 0.77126721 992.92022755 0.99292023 0.77126721 3-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A 0.00000000 8.08358312 969.32060037 0.96932060 8.08358312 B-1 0.00000000 0.18892174 999.61680725 0.99961681 0.18892174 B-2 0.00000000 0.18892197 999.61680658 0.99961681 0.18892197 B-3 0.00000000 0.18892166 999.61680667 0.99961681 0.18892166 B-4 0.00000000 0.18891959 999.61680825 0.99961681 0.18891959 B-5 0.00000000 0.18892133 999.61680572 0.99961681 0.18892133 B-6 0.00000000 0.18892037 999.61680800 0.99961681 0.18892037 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 4.83050% 46,378,423.32 186,692.56 0.00 0.00 A-R 100.00 4.83456% 0.00 0.00 0.00 0.00 2-A-1 106,543,000.00 5.14829% 106,309,572.57 456,093.65 0.00 0.00 2-A-2 115,000,000.00 5.14829% 114,748,043.94 492,296.72 0.00 0.00 2-A-3 6,825,000.00 5.14829% 6,810,046.96 29,216.74 0.00 0.00 3-A 50,055,000.00 4.43300% 49,739,227.78 183,744.77 0.00 0.00 3-X 0.00 0.30000% 49,739,227.78 12,434.81 0.00 0.00 4-A 25,168,000.00 5.48563% 24,599,308.48 112,452.28 0.00 0.00 B-1 6,900,000.00 5.06961% 6,898,659.52 29,144.58 0.00 0.00 B-2 5,408,000.00 5.06961% 5,406,949.38 22,842.59 0.00 0.00 B-3 3,357,000.00 5.06961% 3,356,347.83 14,179.47 0.00 0.00 B-4 2,425,000.00 5.06961% 2,424,528.89 10,242.84 0.00 0.00 B-5 1,678,000.00 5.06961% 1,677,674.01 7,087.62 0.00 0.00 B-6 1,119,360.53 5.06961% 1,119,143.07 4,728.01 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 Totals 372,976,560.53 1,561,156.64 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 0.00 186,692.56 0.00 45,818,212.47 A-R 0.00 0.00 0.00 0.00 0.00 2-A-1 0.00 0.00 456,093.65 0.00 105,973,951.25 2-A-2 0.00 0.00 492,296.72 0.00 114,385,782.20 2-A-3 0.00 0.00 29,216.74 0.00 6,788,547.51 3-A 0.00 0.00 183,744.77 0.00 49,700,621.99 3-X 0.00 0.00 12,434.81 0.00 49,700,621.99 4-A 0.00 0.00 112,452.28 0.00 24,395,860.87 B-1 0.00 0.00 29,144.58 0.00 6,897,355.97 B-2 0.00 0.00 22,842.59 0.00 5,405,927.69 B-3 0.00 0.00 14,179.47 0.00 3,355,713.62 B-4 0.00 0.00 10,242.84 0.00 2,424,070.76 B-5 0.00 0.00 7,087.62 0.00 1,677,357.00 B-6 0.00 0.00 4,728.01 0.00 1,118,931.60 P 0.00 0.00 0.00 0.00 100.00 Totals 0.00 0.00 1,561,156.64 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 4.83050% 956.29558580 3.84948988 0.00000000 0.00000000 A-R 100.00 4.83456% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 106,543,000.00 5.14829% 997.80907774 4.28084107 0.00000000 0.00000000 2-A-2 115,000,000.00 5.14829% 997.80907774 4.28084104 0.00000000 0.00000000 2-A-3 6,825,000.00 5.14829% 997.80907839 4.28084103 0.00000000 0.00000000 3-A 50,055,000.00 4.43300% 993.69149496 3.67085746 0.00000000 0.00000000 3-X 0.00 0.30000% 993.69149496 0.24842293 0.00000000 0.00000000 4-A 25,168,000.00 5.48563% 977.40418309 4.46806580 0.00000000 0.00000000 B-1 6,900,000.00 5.06961% 999.80572754 4.22385217 0.00000000 0.00000000 B-2 5,408,000.00 5.06961% 999.80572855 4.22385170 0.00000000 0.00000000 B-3 3,357,000.00 5.06961% 999.80572833 4.22385165 0.00000000 0.00000000 B-4 2,425,000.00 5.06961% 999.80572784 4.22385155 0.00000000 0.00000000 B-5 1,678,000.00 5.06961% 999.80572706 4.22384982 0.00000000 0.00000000 B-6 1,119,360.53 5.06961% 999.80572837 4.22384913 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 3.84948988 0.00000000 944.74437028 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 0.00000000 4.28084107 0.00000000 994.65897572 2-A-2 0.00000000 0.00000000 4.28084104 0.00000000 994.65897565 2-A-3 0.00000000 0.00000000 4.28084103 0.00000000 994.65897582 3-A 0.00000000 0.00000000 3.67085746 0.00000000 992.92022755 3-X 0.00000000 0.00000000 0.24842293 0.00000000 992.92022755 4-A 0.00000000 0.00000000 4.46806580 0.00000000 969.32060037 B-1 0.00000000 0.00000000 4.22385217 0.00000000 999.61680725 B-2 0.00000000 0.00000000 4.22385170 0.00000000 999.61680658 B-3 0.00000000 0.00000000 4.22385165 0.00000000 999.61680667 B-4 0.00000000 0.00000000 4.22385155 0.00000000 999.61680825 B-5 0.00000000 0.00000000 4.22384982 0.00000000 999.61680572 B-6 0.00000000 0.00000000 4.22384913 0.00000000 999.61680800 P 0.00000000 0.00000000 0.00000000 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 3,173,391.03 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 3,173,391.03 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 86,641.55 Payment of Interest and Principal 3,086,749.48 Total Withdrawals (Pool Distribution Amount) 3,173,391.03 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 86,641.55 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 86,641.55
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% 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 0.00
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 150,000.00 0.04021700% 150,000.00 0.04076726% Fraud 11,189,294.00 2.99999925% 11,189,294.00 3.04104557% Special Hazard 5,438,400.00 1.45810771% 5,429,929.30 1.47575552% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.352287% Weighted Average Net Coupon 5.070883% Weighted Average Pass-Through Rate 5.070503% Weighted Average Maturity(Stepdown Calculation ) 356 Beginning Scheduled Collateral Loan Count 1,330 Number Of Loans Paid In Full 6 Ending Scheduled Collateral Loan Count 1,324 Beginning Scheduled Collateral Balance 369,467,925.75 Ending Scheduled Collateral Balance 367,942,332.92 Ending Actual Collateral Balance at 30-Nov-2004 367,975,076.51 Monthly P &I Constant 1,717,543.89 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 69,628.45 Unscheduled Principal 1,455,964.38
Miscellaneous Reporting Senior Percentage 94.347736% Subordinate Percentage 5.652264%
Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.093990 5.429285 5.032159 Weighted Average Net Rate 4.830501 5.148290 4.735658 Weighted Average Maturity 356 356 355 Beginning Loan Count 136 880 210 Loans Paid In Full 2 3 0 Ending Loan Count 134 877 210 Beginning Scheduled Balance 49,255,520.03 241,414,695.60 52,706,252.46 Ending scheduled Balance 48,694,770.70 240,694,585.73 52,665,555.05 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 218,308.06 1,105,219.47 258,177.51 Scheduled Principal 9,218.77 12,961.79 37,155.65 Unscheduled Principal 551,530.56 707,148.08 3,541.76 Scheduled Interest 209,089.29 1,092,257.68 221,021.86 Servicing Fees 10,815.24 56,530.25 13,022.89 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 0.00 116.93 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 198,274.05 1,035,727.43 207,882.04 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 4.830501 5.148290 4.732995
Group Level Collateral Statement Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.774148 5.352287 Weighted Average Net Rate 5.485632 5.070883 Weighted Average Maturity 355 356 Beginning Loan Count 104 1,330 Loans Paid In Full 1 6 Ending Loan Count 103 1,324 Beginning Scheduled Balance 26,091,457.66 369,467,925.75 Ending scheduled Balance 25,887,421.44 367,942,332.92 Record Date 11/30/2004 11/30/2004 Principal And Interest Constant 135,838.85 1,717,543.89 Scheduled Principal 10,292.24 69,628.45 Unscheduled Principal 193,743.98 1,455,964.38 Scheduled Interest 125,546.61 1,647,915.44 Servicing Fees 6,273.17 86,641.55 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 0.00 116.93 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 119,273.44 1,561,156.96 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 5.485632 5.070503
Miscellaneous Reporting Group 1 Group 1 Senior Percentage 94.158834% Group 1 Senior Prepayment Percentage 100.000000% Group 1 Subordinate Percentage 5.841166% Group 1 Subordinate Prepayment % 0.000000% Group 2 Group 2 Senior Percentage 94.388481% Group 2 Senior Prepayment Percentage 100.000000% Group 2 Subordinate Percentage 5.611519% Group 2 Subordinate Prepayment % 0.000000% Group 3 Group 3 Senior Percentage 94.370640% Group 3 Senior Prepayment Percentage 100.000000% Group 3 Subordinate Percentage 5.629360% Group 3 Subordinate Prepayment % 0.000000%
Miscellaneous Reporting Group 4 Group 4 Senior Percentage 94.281082% Group 4 Senior Prepayment Percentage 100.000000% Group 4 Subordinate Percentage 5.718918% Group 4 Subordinate Prepayment % 0.000000%
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