-----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, Vfw5/mBGoWt8viqCvPPl1X8XPSJT4GdTN1NcGFWq1yQvmP4hXQBGOXTljn+/RuiV 1rcq/EVmT47ps2u1KgErqg== 0001056404-05-001363.txt : 20050328 0001056404-05-001363.hdr.sgml : 20050328 20050328095839 ACCESSION NUMBER: 0001056404-05-001363 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050321 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GREENWICH DSLA MORTGAGE LOAN TRUST 2005-AR1 CENTRAL INDEX KEY: 0001319076 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: 333-120038-08 FILM NUMBER: 05705406 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 dsl05ar1_10503.txt 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): March 21, 2005 DSLA MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-AR1 Trust (Exact name of registrant as specified in its charter) Delaware (governing law of 333-120038-08 54-2168093 Pooling and Servicing Agreement) (Commission 54-2168094 (State or other File Number) 54-2168095 jurisdiction IRS EIN 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 March 21, 2005 a distribution was made to holders of DSLA MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2005-AR1 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 2005-AR1 Trust, relating to the March 21, 2005 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 2005-AR1 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: 3/22/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-AR1 Trust, relating to the March 21, 2005 distribution. EX-99.1
Downey Savings and Loan Association Mortgage Pass-Through Certificates Record Date: 2/28/2005 Distribution Date: 3/21/2005 Downey Savings and Loan Association Mortgage Pass-Through Certificates Series 2005-AR1 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 1A 23332UCL6 SEN 2.94000% 496,942,000.00 852,255.53 1,108,130.36 AR 23332UCY8 SEN 4.14745% 100.00 0.35 100.00 2-A1A 23332UCM4 SEN 2.92000% 266,804,000.00 454,456.15 129,548.96 2-A1B 23332UCN2 SEN 2.99000% 177,870,000.00 310,234.92 86,366.30 2-A2 23332UCP7 SEN 3.00000% 55,216,000.00 96,628.00 26,810.60 B1 23332UCQ5 SUB 3.14000% 30,024,000.00 54,993.96 12,511.34 B2 23332UCR3 SUB 3.45000% 23,473,000.00 47,239.41 9,781.47 B3 23332UCS1 SUB 4.37000% 16,376,000.00 41,745.15 6,824.07 B4 23332UCT9 SUB 4.42000% 14,738,000.00 37,999.48 6,141.49 B5 23332UCU6 SUB 4.42000% 6,004,000.00 15,480.31 2,501.94 B6 23332UCV4 SUB 4.42000% 4,373,551.69 11,276.47 1,822.54 X1 23332UCW2 IO 1.00000% 0.00 830,693.33 0.00 X2 23332UCX0 SEN 0.98644% 0.00 933,134.69 0.00 Y DSL05AR1Y YM 0.00000% 0.01 0.00 0.00 C DSL05AR1C C 0.00000% 0.00 0.00 0.00 Totals 1,091,820,651.70 3,686,137.75 1,390,539.07
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1A 0.00 495,833,869.64 1,960,385.89 0.00 AR 0.00 0.00 100.35 0.00 2-A1A 0.00 266,674,451.04 584,005.11 0.00 2-A1B 0.00 177,783,633.70 396,601.22 0.00 2-A2 0.00 55,189,189.40 123,438.60 0.00 B1 0.00 30,011,488.66 67,505.30 0.00 B2 0.00 23,463,218.53 57,020.88 0.00 B3 0.00 16,369,175.93 48,569.22 0.00 B4 0.00 14,731,858.51 44,140.97 0.00 B5 0.00 6,001,498.06 17,982.25 0.00 B6 0.00 4,371,729.15 13,099.01 0.00 X1 0.00 0.00 830,693.33 0.00 X2 0.00 0.02 933,134.69 0.00 Y 0.00 0.01 0.00 0.00 C 0.00 0.00 0.00 0.00 Totals 0.00 1,090,430,112.65 5,076,676.82 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) 1A 496,942,000.00 496,942,000.00 195,183.00 912,947.36 0.00 0.00 AR 100.00 100.00 17.61 82.39 0.00 0.00 2-A1A 266,804,000.00 266,804,000.00 117,521.23 12,027.73 0.00 0.00 2-A1B 177,870,000.00 177,870,000.00 78,347.78 8,018.52 0.00 0.00 2-A2 55,216,000.00 55,216,000.00 24,321.42 2,489.18 0.00 0.00 B1 30,024,000.00 30,024,000.00 12,511.34 0.00 0.00 0.00 B2 23,473,000.00 23,473,000.00 9,781.47 0.00 0.00 0.00 B3 16,376,000.00 16,376,000.00 6,824.07 0.00 0.00 0.00 B4 14,738,000.00 14,738,000.00 6,141.49 0.00 0.00 0.00 B5 6,004,000.00 6,004,000.00 2,501.94 0.00 0.00 0.00 B6 4,373,551.69 4,373,551.69 1,822.54 0.00 0.00 0.00 X1 0.00 0.00 0.00 0.00 0.00 0.00 X2 0.00 0.00 0.00 0.00 0.00 0.00 Y 0.01 0.01 0.00 0.00 0.00 0.00 C 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,091,820,651.70 1,091,820,651.70 454,973.89 935,565.18 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1A 1,108,130.36 495,833,869.64 0.99777010 1,108,130.36 AR 100.00 0.00 0.00000000 100.00 2-A1A 129,548.96 266,674,451.04 0.99951444 129,548.96 2-A1B 86,366.30 177,783,633.70 0.99951444 86,366.30 2-A2 26,810.60 55,189,189.40 0.99951444 26,810.60 B1 12,511.34 30,011,488.66 0.99958329 12,511.34 B2 9,781.47 23,463,218.53 0.99958329 9,781.47 B3 6,824.07 16,369,175.93 0.99958329 6,824.07 B4 6,141.49 14,731,858.51 0.99958329 6,141.49 B5 2,501.94 6,001,498.06 0.99958329 2,501.94 B6 1,822.54 4,371,729.15 0.99958328 1,822.54 X1 0.00 0.00 0.00000000 0.00 X2 0.00 0.02 0.00000000 0.00 Y 0.00 0.01 1.00000000 0.00 C 0.00 0.00 0.00000000 0.00 Totals 1,390,539.07 1,090,430,112.65 0.99872640 1,390,539.07
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1A 496,942,000.00 1000.00000000 0.39276817 1.83713061 0.00000000 AR 100.00 1000.00000000 176.10000000 823.90000000 0.00000000 2-A1A 266,804,000.00 1000.00000000 0.44047777 0.04508077 0.00000000 2-A1B 177,870,000.00 1000.00000000 0.44047776 0.04508079 0.00000000 2-A2 55,216,000.00 1000.00000000 0.44047776 0.04508077 0.00000000 B1 30,024,000.00 1000.00000000 0.41671130 0.00000000 0.00000000 B2 23,473,000.00 1000.00000000 0.41671154 0.00000000 0.00000000 B3 16,376,000.00 1000.00000000 0.41671165 0.00000000 0.00000000 B4 14,738,000.00 1000.00000000 0.41671122 0.00000000 0.00000000 B5 6,004,000.00 1000.00000000 0.41671219 0.00000000 0.00000000 B6 4,373,551.69 1000.00000000 0.41671852 0.00000000 0.00000000 X1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 X2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 Y 0.01 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 1A 0.00000000 2.22989878 997.77010122 0.99777010 2.22989878 AR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 2-A1A 0.00000000 0.48555854 999.51444146 0.99951444 0.48555854 2-A1B 0.00000000 0.48555855 999.51444145 0.99951444 0.48555855 2-A2 0.00000000 0.48555853 999.51444147 0.99951444 0.48555853 B1 0.00000000 0.41671130 999.58328870 0.99958329 0.41671130 B2 0.00000000 0.41671154 999.58328846 0.99958329 0.41671154 B3 0.00000000 0.41671165 999.58328835 0.99958329 0.41671165 B4 0.00000000 0.41671122 999.58328878 0.99958329 0.41671122 B5 0.00000000 0.41671219 999.58328781 0.99958329 0.41671219 B6 0.00000000 0.41671852 999.58328148 0.99958328 0.41671852 X1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Y 0.00000000 0.00000000 0.00000000 1.00000000 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 1A 496,942,000.00 2.94000% 496,942,000.00 852,255.53 0.00 0.00 AR 100.00 4.14745% 100.00 0.35 0.00 0.00 2-A1A 266,804,000.00 2.92000% 266,804,000.00 454,456.15 0.00 0.00 2-A1B 177,870,000.00 2.99000% 177,870,000.00 310,234.92 0.00 0.00 2-A2 55,216,000.00 3.00000% 55,216,000.00 96,628.00 0.00 0.00 B1 30,024,000.00 3.14000% 30,024,000.00 54,993.96 0.00 0.00 B2 23,473,000.00 3.45000% 23,473,000.00 47,239.41 0.00 0.00 B3 16,376,000.00 4.37000% 16,376,000.00 41,745.15 0.00 0.00 B4 14,738,000.00 4.42000% 14,738,000.00 37,999.48 0.00 0.00 B5 6,004,000.00 4.42000% 6,004,000.00 15,480.31 0.00 0.00 B6 4,373,551.69 4.42000% 4,373,551.69 11,276.47 0.00 0.00 X1 0.00 1.00000% 996,832,000.00 830,693.33 0.00 0.00 X2 0.00 0.98644% 1,091,820,651.71 897,511.99 0.00 0.00 Y 0.01 0.00000% 0.01 0.00 0.00 0.00 C 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,091,820,651.70 3,650,515.05 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 1A 0.00 0.00 852,255.53 0.00 495,833,869.64 AR 0.00 0.00 0.35 0.00 0.00 2-A1A 0.00 0.00 454,456.15 0.00 266,674,451.04 2-A1B 0.00 0.00 310,234.92 0.00 177,783,633.70 2-A2 0.00 0.00 96,628.00 0.00 55,189,189.40 B1 0.00 0.00 54,993.96 0.00 30,011,488.66 B2 0.00 0.00 47,239.41 0.00 23,463,218.53 B3 0.00 0.00 41,745.15 0.00 16,369,175.93 B4 0.00 0.00 37,999.48 0.00 14,731,858.51 B5 0.00 0.00 15,480.31 0.00 6,001,498.06 B6 0.00 0.00 11,276.47 0.00 4,371,729.15 X1 0.00 0.00 830,693.33 0.00 957,204,406.17 X2 0.00 0.00 933,134.69 0.00 1,090,430,112.65 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 3,686,137.75 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 1A 496,942,000.00 2.94000% 1000.00000000 1.71500000 0.00000000 0.00000000 AR 100.00 4.14745% 1000.00000000 3.50000000 0.00000000 0.00000000 2-A1A 266,804,000.00 2.92000% 1000.00000000 1.70333335 0.00000000 0.00000000 2-A1B 177,870,000.00 2.99000% 1000.00000000 1.74416664 0.00000000 0.00000000 2-A2 55,216,000.00 3.00000% 1000.00000000 1.75000000 0.00000000 0.00000000 B1 30,024,000.00 3.14000% 1000.00000000 1.83166667 0.00000000 0.00000000 B2 23,473,000.00 3.45000% 1000.00000000 2.01249989 0.00000000 0.00000000 B3 16,376,000.00 4.37000% 1000.00000000 2.54916646 0.00000000 0.00000000 B4 14,738,000.00 4.42000% 1000.00000000 2.57833356 0.00000000 0.00000000 B5 6,004,000.00 4.42000% 1000.00000000 2.57833278 0.00000000 0.00000000 B6 4,373,551.69 4.42000% 1000.00000000 2.57833239 0.00000000 0.00000000 X1 0.00 1.00000% 1000.00000000 0.83333333 0.00000000 0.00000000 X2 0.00 0.98644% 0.00000000 0.00000000 0.00000000 0.00000000 Y 0.01 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 1A 0.00000000 0.00000000 1.71500000 0.00000000 997.77010122 AR 0.00000000 0.00000000 3.50000000 0.00000000 0.00000000 2-A1A 0.00000000 0.00000000 1.70333335 0.00000000 999.51444146 2-A1B 0.00000000 0.00000000 1.74416664 0.00000000 999.51444145 2-A2 0.00000000 0.00000000 1.75000000 0.00000000 999.51444147 B1 0.00000000 0.00000000 1.83166667 0.00000000 999.58328870 B2 0.00000000 0.00000000 2.01249989 0.00000000 999.58328846 B3 0.00000000 0.00000000 2.54916646 0.00000000 999.58328835 B4 0.00000000 0.00000000 2.57833356 0.00000000 999.58328878 B5 0.00000000 0.00000000 2.57833278 0.00000000 999.58328781 B6 0.00000000 0.00000000 2.57833239 0.00000000 999.58328148 X1 0.00000000 0.00000000 0.83333333 0.00000000 960.24646698 X2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 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-1 IO-1 1.00000% 496,942,000.00 477,184,346.02 0.00 0.00 96.02415292% X-1 IO-2 1.00000% 499,890,000.00 480,020,060.15 0.00 0.00 96.02513756% X-2 PO-1 0.00000% 0.00 0.00 0.01 0.01 100.00000000% X-2 PO-2 0.00000% 0.00 0.00 0.01 0.01 100.00000000% X-2 IO 0.98644% 1,091,820,651.69 1,090,430,112.63 0.00 0.00 99.87264034%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 5,424,239.73 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 5,424,239.73 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 347,562.91 Payment of Interest and Principal 5,076,676.82 Total Withdrawals (Pool Distribution Amount) 5,424,239.73 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 341,193.95 Master Servicing Fee 6,368.96 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 347,562.91
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 0.00 0.00 0.00
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 9 0 0 0 9 2,162,596.81 0.00 0.00 0.00 2,162,596.81 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 9 0 0 0 9 2,162,596.81 0.00 0.00 0.00 2,162,596.81 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 0.267062% 0.000000% 0.000000% 0.000000% 0.267062% 0.198427% 0.000000% 0.000000% 0.000000% 0.198427% 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 0.267062% 0.000000% 0.000000% 0.000000% 0.267062% 0.198427% 0.000000% 0.000000% 0.000000% 0.198427%
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 9 0 0 0 9 2,162,596.81 0.00 0.00 0.00 2,162,596.81 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 9 0 0 0 9 2,162,596.81 0.00 0.00 0.00 2,162,596.81 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.398054% 0.000000% 0.000000% 0.000000% 0.398054% 0.398365% 0.000000% 0.000000% 0.000000% 0.398365% 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 0.398054% 0.000000% 0.000000% 0.000000% 0.398054% 0.398365% 0.000000% 0.000000% 0.000000% 0.398365% 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 0.00
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.394214% Weighted Average Net Coupon 4.019214% Weighted Average Pass-Through Rate 4.012214% Weighted Average Maturity (Stepdown Calculation ) 394 Beginning Scheduled Collateral Loan Count 3,377 Number Of Loans Paid In Full 7 Ending Scheduled Collateral Loan Count 3,370 Beginning Scheduled Collateral Balance 1,091,820,651.72 Ending Scheduled Collateral Balance 1,090,430,112.66 Ending Actual Collateral Balance at 28-Feb-2005 1,089,870,314.91 Monthly P&I Constant 3,368,662.88 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 454,973.85 Unscheduled Principal 2,019,953.85
Group Level Collateral Statement Group 1 2 Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.529455 4.259770 4.394214 Weighted Average Net Rate 4.154455 3.884770 4.019214 Weighted Average Maturity 387 401 394 Beginning Loan Count 2,267 1,110 3,377 Loans Paid In Full 6 1 7 Ending Loan Count 2,261 1,109 3,370 Beginning Scheduled Balance 544,295,336.78 547,525,314.91 1,091,820,651.69 Ending scheduled Balance 543,168,505.90 547,261,606.76 1,090,430,112.66 Record Date 02/28/2005 02/28/2005 02/28/2005 Principal And Interest Constant 1,706,663.86 1,661,999.02 3,368,662.88 Scheduled Principal 213,801.13 241,172.72 454,973.85 Unscheduled Principal 1,474,634.67 545,319.18 2,019,953.85 Scheduled Interest 2,054,467.65 1,943,610.05 3,998,077.70 Servicing Fees 170,092.29 171,101.66 341,193.95 Master Servicing Fees 3,175.06 3,193.90 6,368.96 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 1,881,200.30 1,769,314.49 3,650,514.79 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 4.147455 3.877770 4.012214
Miscellaneous Reporting Group 1 Available Funds 3,033,777.60 Deferred Interest 485,219.70 Senior % 91.300084% Senior Prepayment % 100.000000% Subordinate % 8.699916% Subordinate Prepayment % 0.000000% Net Deferred Interest 0.00 Group 2 Available Funds 2,042,899.19 Deferred Interest 464,806.81 Senior % 91.299888% Senior Prepayment % 100.000000% Subordinate % 8.700112% Subordinate Prepayment % 0.000000% Net Deferred Interest 0.00
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