-----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, FRUzNzrBgDv3ucbImZyXYOMyLAsyCjA7Y6UZnNiZ5lnwPNzUJo1IWoJD19356sc/ G7NLYO6rXjDn5GFOfA0+Jw== 0001056404-05-000124.txt : 20050104 0001056404-05-000124.hdr.sgml : 20050104 20050104093958 ACCESSION NUMBER: 0001056404-05-000124 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-Z Trust CENTRAL INDEX KEY: 0001309621 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: 333-116509-17 FILM NUMBER: 05504174 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 wfm0400z_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-Z Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-116509-17 54-2163830 Pooling and Servicing Agreement) (Commission 54-2163831 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On December 27, 2004 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2004-Z 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-Z 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-Z 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: 12/28/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-Z 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-Z 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 94980RAA5 SEN 4.66670% 289,150,000.00 1,123,815.68 1,833,811.29 I-A-2 94980RAB3 SEN 4.66670% 20,883,000.00 81,164.25 132,441.57 II-A-1 94980RAC1 SEN 4.60537% 744,753,000.00 2,856,528.23 15,882,039.63 II-A-2 94980RAD9 SEN 4.36500% 200,000,000.00 727,069.57 4,265,048.85 II-A-R 94980RAF4 SEN 4.60537% 100.00 0.38 100.00 II-A-IO 94980RAE7 SEN 0.24037% 0.00 40,037.97 0.00 B-1 94980RAG2 SUB 4.62053% 19,505,000.00 75,058.34 4,802.99 B-2 94980RAH0 SUB 4.62053% 9,753,000.00 37,531.09 2,401.62 B-3 94980RAJ6 SUB 4.62053% 5,851,000.00 22,515.58 1,440.77 B-4 94980RAK3 SUB 4.62053% 5,851,000.00 22,515.58 1,440.77 B-5 94980RAL1 SUB 4.62053% 1,951,000.00 7,507.76 480.42 B-6 94980RAM9 SUB 4.62053% 2,600,750.45 10,008.10 640.42 Totals 1,300,297,850.45 5,003,752.53 22,124,648.33
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 287,316,188.71 2,957,626.97 0.00 I-A-2 0.00 20,750,558.43 213,605.82 0.00 II-A-1 0.00 728,870,960.37 18,738,567.86 0.00 II-A-2 0.00 195,734,951.15 4,992,118.42 0.00 II-A-R 0.00 0.00 100.38 0.00 II-A-IO 0.00 0.00 40,037.97 0.00 B-1 0.00 19,500,197.01 79,861.33 0.00 B-2 0.00 9,750,598.38 39,932.71 0.00 B-3 0.00 5,849,559.23 23,956.35 0.00 B-4 0.00 5,849,559.23 23,956.35 0.00 B-5 0.00 1,950,519.58 7,988.18 0.00 B-6 0.00 2,600,110.03 10,648.52 0.00 Totals 0.00 1,278,173,202.12 27,128,400.86 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-1 289,150,000.00 289,150,000.00 15,398.44 1,818,412.84 0.00 0.00 I-A-2 20,883,000.00 20,883,000.00 1,112.11 131,329.47 0.00 0.00 II-A-1 744,753,000.00 744,753,000.00 230,558.21 15,651,481.42 0.00 0.00 II-A-2 200,000,000.00 200,000,000.00 61,915.35 4,203,133.50 0.00 0.00 II-A-R 100.00 100.00 1.45 98.55 0.00 0.00 II-A-IO 0.00 0.00 0.00 0.00 0.00 0.00 B-1 19,505,000.00 19,505,000.00 4,802.99 0.00 0.00 0.00 B-2 9,753,000.00 9,753,000.00 2,401.62 0.00 0.00 0.00 B-3 5,851,000.00 5,851,000.00 1,440.77 0.00 0.00 0.00 B-4 5,851,000.00 5,851,000.00 1,440.77 0.00 0.00 0.00 B-5 1,951,000.00 1,951,000.00 480.42 0.00 0.00 0.00 B-6 2,600,750.45 2,600,750.45 640.42 0.00 0.00 0.00 Totals 1,300,297,850.45 1,300,297,850.45 320,192.55 21,804,455.78 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 1,833,811.29 287,316,188.71 0.99365792 1,833,811.29 I-A-2 132,441.57 20,750,558.43 0.99365792 132,441.57 II-A-1 15,882,039.63 728,870,960.37 0.97867476 15,882,039.63 II-A-2 4,265,048.85 195,734,951.15 0.97867476 4,265,048.85 II-A-R 100.00 0.00 0.00000000 100.00 II-A-IO 0.00 0.00 0.00000000 0.00 B-1 4,802.99 19,500,197.01 0.99975376 4,802.99 B-2 2,401.62 9,750,598.38 0.99975376 2,401.62 B-3 1,440.77 5,849,559.23 0.99975376 1,440.77 B-4 1,440.77 5,849,559.23 0.99975376 1,440.77 B-5 480.42 1,950,519.58 0.99975376 480.42 B-6 640.42 2,600,110.03 0.99975376 640.42 Totals 22,124,648.33 1,278,173,202.12 0.98298494 22,124,648.33
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 289,150,000.00 1000.00000000 0.05325416 6.28882186 0.00000000 I-A-2 20,883,000.00 1000.00000000 0.05325432 6.28882201 0.00000000 II-A-1 744,753,000.00 1000.00000000 0.30957675 21.01566750 0.00000000 II-A-2 200,000,000.00 1000.00000000 0.30957675 21.01566750 0.00000000 II-A-R 100.00 1000.00000000 14.50000000 985.50000000 0.00000000 II-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 19,505,000.00 1000.00000000 0.24624404 0.00000000 0.00000000 B-2 9,753,000.00 1000.00000000 0.24624423 0.00000000 0.00000000 B-3 5,851,000.00 1000.00000000 0.24624338 0.00000000 0.00000000 B-4 5,851,000.00 1000.00000000 0.24624338 0.00000000 0.00000000 B-5 1,951,000.00 1000.00000000 0.24624295 0.00000000 0.00000000 B-6 2,600,750.45 1000.00000000 0.24624431 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 6.34207605 993.65792395 0.99365792 6.34207605 I-A-2 0.00000000 6.34207585 993.65792415 0.99365792 6.34207585 II-A-1 0.00000000 21.32524425 978.67475575 0.97867476 21.32524425 II-A-2 0.00000000 21.32524425 978.67475575 0.97867476 21.32524425 II-A-R 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 II-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.24624404 999.75375596 0.99975376 0.24624404 B-2 0.00000000 0.24624423 999.75375577 0.99975376 0.24624423 B-3 0.00000000 0.24624338 999.75375662 0.99975376 0.24624338 B-4 0.00000000 0.24624338 999.75375662 0.99975376 0.24624338 B-5 0.00000000 0.24624295 999.75375705 0.99975376 0.24624295 B-6 0.00000000 0.24624431 999.75375569 0.99975376 0.24624431 (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-1 289,150,000.00 4.66670% 289,150,000.00 1,124,480.98 0.00 0.00 I-A-2 20,883,000.00 4.66670% 20,883,000.00 81,212.30 0.00 0.00 II-A-1 744,753,000.00 4.60537% 744,753,000.00 2,858,219.30 0.00 0.00 II-A-2 200,000,000.00 4.36500% 200,000,000.00 727,500.00 0.00 0.00 II-A-R 100.00 4.60537% 100.00 0.38 0.00 0.00 II-A-IO 0.00 0.24037% 200,000,000.00 40,061.67 0.00 0.00 B-1 19,505,000.00 4.62053% 19,505,000.00 75,102.78 0.00 0.00 B-2 9,753,000.00 4.62053% 9,753,000.00 37,553.31 0.00 0.00 B-3 5,851,000.00 4.62053% 5,851,000.00 22,528.91 0.00 0.00 B-4 5,851,000.00 4.62053% 5,851,000.00 22,528.91 0.00 0.00 B-5 1,951,000.00 4.62053% 1,951,000.00 7,512.20 0.00 0.00 B-6 2,600,750.45 4.62053% 2,600,750.45 10,014.03 0.00 0.00 Totals 1,300,297,850.45 5,006,714.77 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-1 665.30 0.00 1,123,815.68 0.00 287,316,188.71 I-A-2 48.05 0.00 81,164.25 0.00 20,750,558.43 II-A-1 1,691.07 0.00 2,856,528.23 0.00 728,870,960.37 II-A-2 430.43 0.00 727,069.57 0.00 195,734,951.15 II-A-R 0.00 0.00 0.38 0.00 0.00 II-A-IO 23.70 0.00 40,037.97 0.00 195,734,951.15 B-1 44.43 0.00 75,058.34 0.00 19,500,197.01 B-2 22.22 0.00 37,531.09 0.00 9,750,598.38 B-3 13.33 0.00 22,515.58 0.00 5,849,559.23 B-4 13.33 0.00 22,515.58 0.00 5,849,559.23 B-5 4.44 0.00 7,507.76 0.00 1,950,519.58 B-6 5.92 0.00 10,008.10 0.00 2,600,110.03 Totals 2,962.22 0.00 5,003,752.53 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-1 289,150,000.00 4.66670% 1000.00000000 3.88891918 0.00000000 0.00000000 I-A-2 20,883,000.00 4.66670% 1000.00000000 3.88891922 0.00000000 0.00000000 II-A-1 744,753,000.00 4.60537% 1000.00000000 3.83780837 0.00000000 0.00000000 II-A-2 200,000,000.00 4.36500% 1000.00000000 3.63750000 0.00000000 0.00000000 II-A-R 100.00 4.60537% 1000.00000000 3.80000000 0.00000000 0.00000000 II-A-IO 0.00 0.24037% 1000.00000000 0.20030835 0.00000000 0.00000000 B-1 19,505,000.00 4.62053% 1000.00000000 3.85043732 0.00000000 0.00000000 B-2 9,753,000.00 4.62053% 1000.00000000 3.85043679 0.00000000 0.00000000 B-3 5,851,000.00 4.62053% 1000.00000000 3.85043753 0.00000000 0.00000000 B-4 5,851,000.00 4.62053% 1000.00000000 3.85043753 0.00000000 0.00000000 B-5 1,951,000.00 4.62053% 1000.00000000 3.85043567 0.00000000 0.00000000 B-6 2,600,750.45 4.62053% 1000.00000000 3.85043863 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 0.00230088 0.00000000 3.88661830 0.00000000 993.65792395 I-A-2 0.00230091 0.00000000 3.88661830 0.00000000 993.65792415 II-A-1 0.00227065 0.00000000 3.83553773 0.00000000 978.67475575 II-A-2 0.00215215 0.00000000 3.63534785 0.00000000 978.67475575 II-A-R 0.00000000 0.00000000 3.80000000 0.00000000 0.00000000 II-A-IO 0.00011850 0.00000000 0.20018985 0.00000000 978.67475575 B-1 0.00227788 0.00000000 3.84815893 0.00000000 999.75375596 B-2 0.00227827 0.00000000 3.84815852 0.00000000 999.75375577 B-3 0.00227824 0.00000000 3.84815929 0.00000000 999.75375662 B-4 0.00227824 0.00000000 3.84815929 0.00000000 999.75375662 B-5 0.00227576 0.00000000 3.84815992 0.00000000 999.75375705 B-6 0.00227627 0.00000000 3.84815852 0.00000000 999.75375569 (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 26,155,127.68 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 1,378,755.61 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 27,533,883.29 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 264,910.21 Payment of Interest and Principal 27,128,400.10 Total Withdrawals (Pool Distribution Amount) 27,393,310.31 Ending Balance 140,572.98
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 19,611.79 Servicing Fee Support 16,649.57 Non-Supported Prepayment/Curtailment Interest Shortfall 2,962.22
SERVICING FEES Gross Servicing Fee 270,730.55 Master Servicing Fee 10,829.23 Supported Prepayment/Curtailment Interest Shortfall 16,649.57 Net Servicing Fee 264,910.21
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 8 0 0 0 8 4,801,331.73 0.00 0.00 0.00 4,801,331.73 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 8 0 0 0 8 4,801,331.73 0.00 0.00 0.00 4,801,331.73 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 0.243457% 0.000000% 0.000000% 0.000000% 0.243457% 0.385949% 0.000000% 0.000000% 0.000000% 0.385949% 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 0.243457% 0.000000% 0.000000% 0.000000% 0.243457% 0.385949% 0.000000% 0.000000% 0.000000% 0.385949%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 556,000.00 0.00 0.00 0.00 556,000.00 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 2 0 0 0 2 556,000.00 0.00 0.00 0.00 556,000.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.134318% 0.000000% 0.000000% 0.000000% 0.134318% 0.173945% 0.000000% 0.000000% 0.000000% 0.173945% 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 0.134318% 0.000000% 0.000000% 0.000000% 0.134318% 0.173945% 0.000000% 0.000000% 0.000000% 0.173945% 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 6 0 0 0 6 4,245,331.73 0.00 0.00 0.00 4,245,331.73 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 6 0 0 0 6 4,245,331.73 0.00 0.00 0.00 4,245,331.73 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.333890% 0.000000% 0.000000% 0.000000% 0.333890% 0.442747% 0.000000% 0.000000% 0.000000% 0.442747% 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 0.333890% 0.000000% 0.000000% 0.000000% 0.333890% 0.442747% 0.000000% 0.000000% 0.000000% 0.442747%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 191,649.38
COLLATERAL STATEMENT Collateral Description 5/1 CMT ARM Weighted Average Gross Coupon 4.880602% Weighted Average Net Coupon 4.620602% Weighted Average Pass-Through Rate 4.620602% Weighted Average Maturity(Stepdown Calculation ) 358 Beginning Scheduled Collateral Loan Count 3,329 Number Of Loans Paid In Full 43 Ending Scheduled Collateral Loan Count 3,286 Beginning Scheduled Collateral Balance 1,300,297,850.45 Ending Scheduled Collateral Balance 1,278,173,202.10 Ending Actual Collateral Balance at 30-Nov-2004 1,244,031,461.11 Monthly P &I Constant 5,606,744.80 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending scheduled Balance For discounted Loans 1,278,173,202.10 Scheduled Principal 320,192.57 Unscheduled Principal 21,804,455.78 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 1,249,577,763.47 Greater Than 80%, less than or equal to 85% 4,243,546.85 Greater than 85%, less than or equal to 95% 23,146,541.79 Greater than 95% 890,000.00
Group Level Collateral Statement Group 1 2 Total Collateral Description 5/1 CMT ARM 5/1 CMT ARM 5/1 CMT ARM Weighted Average Coupon Rate 4.926961 4.865381 4.880602 Weighted Average Net Rate 4.666961 4.605381 4.620602 Weighted Average Maturity 358 358 358 Beginning Loan Count 1,498 1,831 3,329 Loans Paid In Full 9 34 43 Ending Loan Count 1,489 1,797 3,286 Beginning Scheduled Balance 321,278,315.00 979,019,535.00 1,300,297,850.00 Ending scheduled Balance 319,311,463.27 958,861,738.83 1,278,173,202.10 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 1,334,618.69 4,272,126.11 5,606,744.80 Scheduled Principal 17,109.41 303,083.16 320,192.57 Unscheduled Principal 1,949,742.31 19,854,713.47 21,804,455.78 Scheduled Interest 1,318,798.39 3,966,513.95 5,285,312.33 Servicing Fees 66,917.44 203,813.11 270,730.55 Master Servicing Fees 2,676.70 8,152.53 10,829.23 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 1,249,204.25 3,754,548.31 5,003,752.55 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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