-----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, SjGqh/0JiNBZ6V+YwG26i/QkB3BmzCRfPtDK4uRBO2jRM9o8aVV5/6zjBWQE9N20 tdkKQpWv5/FWYptBu5UHog== 0001056404-04-004566.txt : 20041230 0001056404-04-004566.hdr.sgml : 20041230 20041230084447 ACCESSION NUMBER: 0001056404-04-004566 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041220 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041230 DATE AS OF CHANGE: 20041230 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DSLA Mortgage Loan Trust 2004-AR3 CENTRAL INDEX KEY: 0001309616 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: 333-111379-32 FILM NUMBER: 041232458 BUSINESS ADDRESS: STREET 1: C/O NORWEST BANK MINNESOTA NA STREET 2: 11000 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 BUSINESS PHONE: 2036222700 MAIL ADDRESS: STREET 1: 600 STEAMBOAT ROAD STREET 2: GREENWICH CAPITAL MARKETS INC CITY: GREENWICH STATE: CT ZIP: 06830 8-K 1 dsl04ar3_dec.txt DECEMBER 8K 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 20, 2004 DSLA MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-AR3 Trust (Exact name of registrant as specified in its charter) Delaware (governing law of 333-111379-32 54-2162677 Pooling and Servicing Agreement) (Commission 54-2162678 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Rd. 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 20, 2004 a distribution was made to holders of DSLA MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2004-AR3 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-AR3 Trust, relating to the December 20, 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. DSLA MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-AR3 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-AR3 Trust, relating to the December 20, 2004 distribution. EX-99.1
Downey Savings and Loan Association Mortgage Pass-Through Certificates Record Date: 11/30/2004 Distribution Date: 12/20/2004 Downey Savings and Loan Association Mortgage Pass-Through Certificates Series 2004-AR3 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-A1A 23332UBD5 SEN 3.92456% 200,000,000.00 654,092.99 4,352,708.48 1-A1B 23332UBE3 SEN 3.92456% 22,222,000.00 72,676.27 483,629.44 2-A1 23332UBF0 SEN 3.83462% 250,000,000.00 798,878.38 2,640,971.88 2-A1A 23332UBG8 SEN 2.57800% 339,292,000.00 485,941.54 3,584,242.52 2-A1B 23332UBH6 SEN 2.65800% 84,823,000.00 125,255.30 896,060.63 X 23332UBJ2 IO 1.04804% 0.00 853,297.01 0.00 A-R 23332UBK9 SEN 3.92456% 100.00 0.33 100.00 B-1 23332UBL7 SUB 2.90800% 22,286,000.00 36,004.27 8,347.94 B-2 23332UBM5 SUB 3.30800% 17,441,000.00 32,052.68 6,533.09 B-3 23332UBN3 SUB 3.45800% 12,597,000.00 24,200.24 4,718.61 B-4 23332UBP8 SUB 3.45800% 5,813,000.00 11,167.42 2,177.45 B-5 23332UBQ6 SUB 3.45800% 11,627,000.00 22,336.76 4,355.27 B-6 23332UBR4 SUB 3.45800% 2,912,265.70 5,594.79 1,090.88 Y DSL04AR3Y Y 0.00000% 0.00 0.00 0.00 C DSL04AR3C C 0.00000% 0.00 0.00 0.00 Totals 969,013,365.70 3,121,497.98 11,984,936.19
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1A 0.00 195,647,291.52 5,006,801.47 0.00 1-A1B 0.00 21,738,370.56 556,305.71 0.00 2-A1 0.00 247,359,028.12 3,439,850.26 0.00 2-A1A 0.00 335,707,757.48 4,070,184.06 0.00 2-A1B 0.00 83,926,939.37 1,021,315.93 0.00 X 0.00 0.00 853,297.01 0.00 A-R 0.00 0.00 100.33 0.00 B-1 0.00 22,277,652.06 44,352.21 0.00 B-2 0.00 17,434,466.91 38,585.77 0.00 B-3 0.00 12,592,281.39 28,918.85 0.00 B-4 0.00 5,810,822.55 13,344.87 0.00 B-5 0.00 11,622,644.73 26,692.03 0.00 B-6 0.00 2,911,174.82 6,685.67 0.00 Y 0.00 0.01 0.00 0.00 C 0.00 0.00 0.00 0.00 Totals 0.00 957,028,429.52 15,106,434.17 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-A1A 200,000,000.00 200,000,000.00 43,960.68 4,308,747.80 0.00 0.00 1-A1B 22,222,000.00 22,222,000.00 4,884.47 478,744.97 0.00 0.00 2-A1 250,000,000.00 250,000,000.00 106,400.97 2,534,570.90 0.00 0.00 2-A1A 339,292,000.00 339,292,000.00 144,403.99 3,439,838.52 0.00 0.00 2-A1B 84,823,000.00 84,823,000.00 36,101.00 859,959.63 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 A-R 100.00 100.00 1.01 98.99 0.00 0.00 B-1 22,286,000.00 22,286,000.00 8,347.94 0.00 0.00 0.00 B-2 17,441,000.00 17,441,000.00 6,533.09 0.00 0.00 0.00 B-3 12,597,000.00 12,597,000.00 4,718.61 0.00 0.00 0.00 B-4 5,813,000.00 5,813,000.00 2,177.45 0.00 0.00 0.00 B-5 11,627,000.00 11,627,000.00 4,355.27 0.00 0.00 0.00 B-6 2,912,265.70 2,912,265.70 1,090.88 0.00 0.00 0.00 Y 0.00 0.00 0.00 0.00 0.00 0.00 C 0.00 0.00 0.00 0.00 0.00 0.00 Totals 969,013,365.70 969,013,365.70 362,975.36 11,621,960.81 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-A1A 4,352,708.48 195,647,291.52 0.97823646 4,352,708.48 1-A1B 483,629.44 21,738,370.56 0.97823646 483,629.44 2-A1 2,640,971.88 247,359,028.12 0.98943611 2,640,971.88 2-A1A 3,584,242.52 335,707,757.48 0.98943611 3,584,242.52 2-A1B 896,060.63 83,926,939.37 0.98943611 896,060.63 X 0.00 0.00 0.00000000 0.00 A-R 100.00 0.00 0.00000000 100.00 B-1 8,347.94 22,277,652.06 0.99962542 8,347.94 B-2 6,533.09 17,434,466.91 0.99962542 6,533.09 B-3 4,718.61 12,592,281.39 0.99962542 4,718.61 B-4 2,177.45 5,810,822.55 0.99962542 2,177.45 B-5 4,355.27 11,622,644.73 0.99962542 4,355.27 B-6 1,090.88 2,911,174.82 0.99962542 1,090.88 Y 0.00 0.01 0.00000000 0.00 C 0.00 0.00 0.00000000 0.00 Totals 11,984,936.19 957,028,429.52 0.98763182 11,984,936.19
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1A 200,000,000.00 1000.00000000 0.21980340 21.54373900 0.00000000 1-A1B 22,222,000.00 1000.00000000 0.21980335 21.54373909 0.00000000 2-A1 250,000,000.00 1000.00000000 0.42560388 10.13828360 0.00000000 2-A1A 339,292,000.00 1000.00000000 0.42560388 10.13828360 0.00000000 2-A1B 84,823,000.00 1000.00000000 0.42560390 10.13828360 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 1000.00000000 10.10000000 989.90000000 0.00000000 B-1 22,286,000.00 1000.00000000 0.37458225 0.00000000 0.00000000 B-2 17,441,000.00 1000.00000000 0.37458231 0.00000000 0.00000000 B-3 12,597,000.00 1000.00000000 0.37458204 0.00000000 0.00000000 B-4 5,813,000.00 1000.00000000 0.37458283 0.00000000 0.00000000 B-5 11,627,000.00 1000.00000000 0.37458244 0.00000000 0.00000000 B-6 2,912,265.70 1000.00000000 0.37458121 0.00000000 0.00000000 Y 0.00 0.00000000 0.00000000 0.00000000 0.00000000 C 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per $1,000 denomination
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A1A 0.00000000 21.76354240 978.23645760 0.97823646 21.76354240 1-A1B 0.00000000 21.76354244 978.23645756 0.97823646 21.76354244 2-A1 0.00000000 10.56388752 989.43611248 0.98943611 10.56388752 2-A1A 0.00000000 10.56388751 989.43611249 0.98943611 10.56388751 2-A1B 0.00000000 10.56388751 989.43611249 0.98943611 10.56388751 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 B-1 0.00000000 0.37458225 999.62541775 0.99962542 0.37458225 B-2 0.00000000 0.37458231 999.62541769 0.99962542 0.37458231 B-3 0.00000000 0.37458204 999.62541796 0.99962542 0.37458204 B-4 0.00000000 0.37458283 999.62541717 0.99962542 0.37458283 B-5 0.00000000 0.37458244 999.62541756 0.99962542 0.37458244 B-6 0.00000000 0.37458121 999.62541879 0.99962542 0.37458121 Y 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 C 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1-A1A 200,000,000.00 3.92456% 200,000,000.00 654,092.99 0.00 0.00 1-A1B 22,222,000.00 3.92456% 22,222,000.00 72,676.27 0.00 0.00 2-A1 250,000,000.00 3.83462% 250,000,000.00 798,878.38 0.00 0.00 2-A1A 339,292,000.00 2.57800% 339,292,000.00 485,941.54 0.00 0.00 2-A1B 84,823,000.00 2.65800% 84,823,000.00 125,255.30 0.00 0.00 X 0.00 1.04804% 969,013,365.71 846,300.61 0.00 0.00 A-R 100.00 3.92456% 100.00 0.33 0.00 0.00 B-1 22,286,000.00 2.90800% 22,286,000.00 36,004.27 0.00 0.00 B-2 17,441,000.00 3.30800% 17,441,000.00 32,052.68 0.00 0.00 B-3 12,597,000.00 3.45800% 12,597,000.00 24,200.24 0.00 0.00 B-4 5,813,000.00 3.45800% 5,813,000.00 11,167.42 0.00 0.00 B-5 11,627,000.00 3.45800% 11,627,000.00 22,336.76 0.00 0.00 B-6 2,912,265.70 3.45800% 2,912,265.70 5,594.79 0.00 0.00 Y 0.00 0.00000% 0.00 0.00 0.00 0.00 C 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 969,013,365.70 3,114,501.58 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-A1A 0.00 0.00 654,092.99 0.00 195,647,291.52 1-A1B 0.00 0.00 72,676.27 0.00 21,738,370.56 2-A1 0.00 0.00 798,878.38 0.00 247,359,028.12 2-A1A 0.00 0.00 485,941.54 0.00 335,707,757.48 2-A1B 0.00 0.00 125,255.30 0.00 83,926,939.37 X 0.00 0.00 853,297.01 0.00 957,028,429.54 A-R 0.00 0.00 0.33 0.00 0.00 B-1 0.00 0.00 36,004.27 0.00 22,277,652.06 B-2 0.00 0.00 32,052.68 0.00 17,434,466.91 B-3 0.00 0.00 24,200.24 0.00 12,592,281.39 B-4 0.00 0.00 11,167.42 0.00 5,810,822.55 B-5 0.00 0.00 22,336.76 0.00 11,622,644.73 B-6 0.00 0.00 5,594.79 0.00 2,911,174.82 Y 0.00 0.00 0.00 0.00 0.01 C 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 3,121,497.98 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-A1A 200,000,000.00 3.92456% 1000.00000000 3.27046495 0.00000000 0.00000000 1-A1B 22,222,000.00 3.92456% 1000.00000000 3.27046485 0.00000000 0.00000000 2-A1 250,000,000.00 3.83462% 1000.00000000 3.19551352 0.00000000 0.00000000 2-A1A 339,292,000.00 2.57800% 1000.00000000 1.43222222 0.00000000 0.00000000 2-A1B 84,823,000.00 2.65800% 1000.00000000 1.47666671 0.00000000 0.00000000 X 0.00 1.04804% 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 3.92456% 1000.00000000 3.30000000 0.00000000 0.00000000 B-1 22,286,000.00 2.90800% 1000.00000000 1.61555551 0.00000000 0.00000000 B-2 17,441,000.00 3.30800% 1000.00000000 1.83777765 0.00000000 0.00000000 B-3 12,597,000.00 3.45800% 1000.00000000 1.92111138 0.00000000 0.00000000 B-4 5,813,000.00 3.45800% 1000.00000000 1.92111130 0.00000000 0.00000000 B-5 11,627,000.00 3.45800% 1000.00000000 1.92111121 0.00000000 0.00000000 B-6 2,912,265.70 3.45800% 1000.00000000 1.92111249 0.00000000 0.00000000 Y 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 C 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All classes are per $1,000 denomination
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-A1A 0.00000000 0.00000000 3.27046495 0.00000000 978.23645760 1-A1B 0.00000000 0.00000000 3.27046485 0.00000000 978.23645756 2-A1 0.00000000 0.00000000 3.19551352 0.00000000 989.43611248 2-A1A 0.00000000 0.00000000 1.43222222 0.00000000 989.43611249 2-A1B 0.00000000 0.00000000 1.47666671 0.00000000 989.43611249 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 0.00000000 0.00000000 3.30000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 1.61555551 0.00000000 999.62541775 B-2 0.00000000 0.00000000 1.83777765 0.00000000 999.62541769 B-3 0.00000000 0.00000000 1.92111138 0.00000000 999.62541796 B-4 0.00000000 0.00000000 1.92111130 0.00000000 999.62541717 B-5 0.00000000 0.00000000 1.92111121 0.00000000 999.62541756 B-6 0.00000000 0.00000000 1.92111249 0.00000000 999.62541879 Y 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 C 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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage X-PO-1 0.00000% 0.00 0.00 0.00 0.00 0.00000000% X-PO-2 0.00000% 0.00 0.00 0.00 0.00 0.00000000% X-IO 1.04804% 969,013,365.71 957,028,429.54 0.00 0.00 98.76318154%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 15,404,795.78 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 2,111.24 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 7,996.40 Total Deposits 15,414,903.42 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 308,469.25 Payment of Interest and Principal 15,106,434.17 Total Withdrawals (Pool Distribution Amount) 15,414,903.42 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 302,816.67 Master Servicing Fee 5,652.58 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 308,469.25
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Basis Risk Reserve Fund 0.00 0.00 1,000.00 1,000.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 3 0 0 0 3 646,235.93 0.00 0.00 0.00 646,235.93 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 3 646,235.93 0.00 0.00 0.00 646,235.93 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 0.116686% 0.000000% 0.000000% 0.000000% 0.116686% 0.067518% 0.000000% 0.000000% 0.000000% 0.067518% 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 0.116686% 0.000000% 0.000000% 0.000000% 0.116686% 0.067518% 0.000000% 0.000000% 0.000000% 0.067518%
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 3 0 0 0 3 646,235.93 0.00 0.00 0.00 646,235.93 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 3 646,235.93 0.00 0.00 0.00 646,235.93 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.301205% 0.000000% 0.000000% 0.000000% 0.301205% 0.274536% 0.000000% 0.000000% 0.000000% 0.274536% 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 0.301205% 0.000000% 0.000000% 0.000000% 0.301205% 0.274536% 0.000000% 0.000000% 0.000000% 0.274536% 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 2,111.24
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.238915% Weighted Average Net Coupon 3.863915% Weighted Average Pass-Through Rate 3.856915% Weighted Average Maturity(Stepdown Calculation ) 374 Beginning Scheduled Collateral Loan Count 2,609 Number Of Loans Paid In Full 38 Ending Scheduled Collateral Loan Count 2,571 Beginning Scheduled Collateral Balance 969,013,365.71 Ending Scheduled Collateral Balance 957,028,429.54 Ending Actual Collateral Balance at 30-Nov-2004 957,136,195.63 Monthly P &I Constant 3,564,685.66 Special Servicing Fee 0.00 Prepayment Penalties 7,996.40 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 362,975.35 Unscheduled Principal 11,843,221.50
Group Level Collateral Statement Group 1 2 Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.306558 4.216616 4.238915 Weighted Average Net Rate 3.931558 3.841616 3.863915 Weighted Average Maturity 374 374 374 Beginning Loan Count 1,018 1,591 2,609 Loans Paid In Full 22 16 38 Ending Loan Count 996 1,575 2,571 Beginning Scheduled Balance 240,240,298.41 728,773,067.30 969,013,365.71 Ending scheduled Balance 235,399,899.95 721,628,529.59 957,028,429.54 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 854,919.31 2,709,766.35 3,564,685.66 Scheduled Principal 52,806.70 310,168.65 362,975.35 Unscheduled Principal 4,847,653.12 6,995,568.38 11,843,221.50 Scheduled Interest 862,173.97 2,560,797.02 3,422,970.99 Servicing Fees 75,075.09 227,741.58 302,816.67 Master Servicing Fees 1,401.40 4,251.18 5,652.58 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 785,697.48 2,328,804.26 3,114,501.74 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 3.924558 3.834616 3.856915
Miscellaneous Reporting Group 1 Deferred Interest 53,789.08 Senior % 92.50 Senior Prepayment % 100.00 Subordinate % 7.50 Net Deferred Interest 0.00 Group 2 Deferred Interest 149,984.23 Senior % 92.50 Senior Prepayment % 100.00 Subordinate % 7.50 Net Deferred Interest 0.00
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