-----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, BbRGFLe0Zoc8qZvgR02NGhF6jv7Q+nDVg3pzHgalx8yTChxNDaiCjUgW+nGS7tyC IbbnaiowTjXhD51DFOgZkw== 0001056404-05-002502.txt : 20050706 0001056404-05-002502.hdr.sgml : 20050706 20050706160034 ACCESSION NUMBER: 0001056404-05-002502 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050627 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050706 DATE AS OF CHANGE: 20050706 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR4 CENTRAL INDEX KEY: 0001320636 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: 333-122307-03 FILM NUMBER: 05940755 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 wfm05ar4_10506.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): June 27, 2005 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2005-AR4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-122307-03 Pooling and Servicing Agreement) (Commission 54-2169518 (State or other File Number) 54-2169519 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On June 27, 2005 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2005-AR4 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-AR4 Trust, relating to the June 27, 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2005-AR4 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 7/5/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-AR4 Trust, relating to the June 27, 2005 distribution. EX-99.1
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 5/31/2005 Distribution Date: 6/27/2005 Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Series 2005-AR4 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution I-A-1 94981NAA3 SEN 4.67637% 158,939,150.24 619,366.14 I-A-2 94981NAB1 SEN 4.67637% 12,185,166.58 47,484.08 I-A-3 94981NAC9 SEN 4.67637% 165,650,117.14 645,517.95 I-A-4 94981NAD7 SEN 4.67637% 5,475,170.45 21,336.06 I-A-R 94981NAE5 SEN 4.67531% 0.00 0.00 I-A-LR 94981NAF2 SEN 4.67531% 0.00 0.00 II-A-1 94981NAG0 SEN 4.54104% 121,508,709.31 459,800.64 II-A-2 94981NAH8 SEN 4.54104% 645,359,973.10 2,442,104.18 II-A-3 94981NAJ4 SEN 4.54104% 21,329,152.80 80,711.56 B-1 94981NAK1 SUB 4.58208% 19,191,774.84 73,279.89 B-2 94981NAL9 SUB 4.58208% 7,197,540.00 27,482.34 B-3 94981NAM7 SUB 4.58208% 4,198,231.97 16,030.10 B-4 94981NAN5 SUB 4.58208% 2,399,846.07 9,163.32 B-5 94981NAP0 SUB 4.58208% 1,798,385.90 6,866.77 B-6 94981NAQ8 SUB 4.58208% 2,400,010.66 9,163.95 Totals 1,167,633,229.06 4,458,306.98
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses I-A-1 1,058,198.55 0.00 157,880,951.69 1,677,564.69 0.00 I-A-2 81,127.43 0.00 12,104,039.15 128,611.51 0.00 I-A-3 1,102,879.39 0.00 164,547,237.75 1,748,397.34 0.00 I-A-4 36,453.05 0.00 5,438,717.40 57,789.11 0.00 I-A-R 0.00 0.00 0.00 0.00 0.00 I-A-LR 0.00 0.00 0.00 0.00 0.00 II-A-1 856,797.44 0.00 120,651,911.87 1,316,598.08 0.00 II-A-2 4,550,643.10 0.00 640,809,329.99 6,992,747.28 0.00 II-A-3 150,398.79 0.00 21,178,754.00 231,110.35 0.00 B-1 8,770.21 0.00 19,183,004.63 82,050.10 0.00 B-2 3,289.11 0.00 7,194,250.89 30,771.45 0.00 B-3 1,918.50 0.00 4,196,313.47 17,948.60 0.00 B-4 1,096.68 0.00 2,398,749.39 10,260.00 0.00 B-5 821.82 0.00 1,797,564.08 7,688.59 0.00 B-6 1,096.75 0.00 2,398,913.91 10,260.70 0.00 Totals 7,853,490.82 0.00 1,159,779,738.22 12,311,797.80 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-1 163,724,000.00 158,939,150.24 15,661.53 1,042,537.02 0.00 0.00 I-A-2 12,552,000.00 12,185,166.58 1,200.70 79,926.73 0.00 0.00 I-A-3 170,637,000.00 165,650,117.14 16,322.81 1,086,556.58 0.00 0.00 I-A-4 5,640,000.00 5,475,170.45 539.51 35,913.54 0.00 0.00 I-A-R 50.00 0.00 0.00 0.00 0.00 0.00 I-A-LR 50.00 0.00 0.00 0.00 0.00 0.00 II-A-1 125,000,000.00 121,508,709.31 74,482.81 782,314.63 0.00 0.00 II-A-2 663,903,000.00 645,359,973.10 395,594.87 4,155,048.23 0.00 0.00 II-A-3 21,942,000.00 21,329,152.80 13,074.41 137,324.38 0.00 0.00 B-1 19,209,000.00 19,191,774.84 8,770.21 0.00 0.00 0.00 B-2 7,204,000.00 7,197,540.00 3,289.11 0.00 0.00 0.00 B-3 4,202,000.00 4,198,231.97 1,918.50 0.00 0.00 0.00 B-4 2,402,000.00 2,399,846.07 1,096.68 0.00 0.00 0.00 B-5 1,800,000.00 1,798,385.90 821.82 0.00 0.00 0.00 B-6 2,402,164.74 2,400,010.66 1,096.75 0.00 0.00 0.00 Totals 1,200,617,264.74 1,167,633,229.06 533,869.71 7,319,621.11 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 1,058,198.55 157,880,951.69 0.96431160 1,058,198.55 I-A-2 81,127.43 12,104,039.15 0.96431160 81,127.43 I-A-3 1,102,879.39 164,547,237.75 0.96431160 1,102,879.39 I-A-4 36,453.05 5,438,717.40 0.96431160 36,453.05 I-A-R 0.00 0.00 0.00000000 0.00 I-A-LR 0.00 0.00 0.00000000 0.00 II-A-1 856,797.44 120,651,911.87 0.96521529 856,797.44 II-A-2 4,550,643.10 640,809,329.99 0.96521529 4,550,643.10 II-A-3 150,398.79 21,178,754.00 0.96521529 150,398.79 B-1 8,770.21 19,183,004.63 0.99864671 8,770.21 B-2 3,289.11 7,194,250.89 0.99864671 3,289.11 B-3 1,918.50 4,196,313.47 0.99864671 1,918.50 B-4 1,096.68 2,398,749.39 0.99864671 1,096.68 B-5 821.82 1,797,564.08 0.99864671 821.82 B-6 1,096.75 2,398,913.91 0.99864671 1,096.75 Totals 7,853,490.82 1,159,779,738.22 0.96598622 7,853,490.82
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 163,724,000.00 970.77490313 0.09565812 6.36764934 0.00000000 I-A-2 12,552,000.00 970.77490280 0.09565806 6.36764898 0.00000000 I-A-3 170,637,000.00 970.77490310 0.09565809 6.36764934 0.00000000 I-A-4 5,640,000.00 970.77490248 0.09565780 6.36764894 0.00000000 I-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 125,000,000.00 972.06967448 0.59586248 6.25851704 0.00000000 II-A-2 663,903,000.00 972.06967449 0.59586245 6.25851703 0.00000000 II-A-3 21,942,000.00 972.06967460 0.59586227 6.25851700 0.00000000 B-1 19,209,000.00 999.10327659 0.45656775 0.00000000 0.00000000 B-2 7,204,000.00 999.10327596 0.45656718 0.00000000 0.00000000 B-3 4,202,000.00 999.10327701 0.45656830 0.00000000 0.00000000 B-4 2,402,000.00 999.10327644 0.45656953 0.00000000 0.00000000 B-5 1,800,000.00 999.10327778 0.45656667 0.00000000 0.00000000 B-6 2,402,164.74 999.10327549 0.45656735 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 6.46330746 964.31159567 0.96431160 6.46330746 I-A-2 0.00000000 6.46330704 964.31159576 0.96431160 6.46330704 I-A-3 0.00000000 6.46330743 964.31159567 0.96431160 6.46330743 I-A-4 0.00000000 6.46330674 964.31159574 0.96431160 6.46330674 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 6.85437952 965.21529496 0.96521529 6.85437952 II-A-2 0.00000000 6.85437948 965.21529499 0.96521529 6.85437948 II-A-3 0.00000000 6.85437927 965.21529487 0.96521529 6.85437927 B-1 0.00000000 0.45656775 998.64670883 0.99864671 0.45656775 B-2 0.00000000 0.45656718 998.64670877 0.99864671 0.45656718 B-3 0.00000000 0.45656830 998.64670871 0.99864671 0.45656830 B-4 0.00000000 0.45656953 998.64670691 0.99864671 0.45656953 B-5 0.00000000 0.45656667 998.64671111 0.99864671 0.45656667 B-6 0.00000000 0.45656735 998.64670814 0.99864671 0.45656735 (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-1 163,724,000.00 4.67637% 158,939,150.24 619,382.54 0.00 0.00 I-A-2 12,552,000.00 4.67637% 12,185,166.58 47,485.34 0.00 0.00 I-A-3 170,637,000.00 4.67637% 165,650,117.14 645,535.03 0.00 0.00 I-A-4 5,640,000.00 4.67637% 5,475,170.45 21,336.62 0.00 0.00 I-A-R 50.00 4.67531% 0.00 0.00 0.00 0.00 I-A-LR 50.00 4.67531% 0.00 0.00 0.00 0.00 II-A-1 125,000,000.00 4.54104% 121,508,709.31 459,812.81 0.00 0.00 II-A-2 663,903,000.00 4.54104% 645,359,973.10 2,442,168.82 0.00 0.00 II-A-3 21,942,000.00 4.54104% 21,329,152.80 80,713.70 0.00 0.00 B-1 19,209,000.00 4.58208% 19,191,774.84 73,281.83 0.00 0.00 B-2 7,204,000.00 4.58208% 7,197,540.00 27,483.07 0.00 0.00 B-3 4,202,000.00 4.58208% 4,198,231.97 16,030.52 0.00 0.00 B-4 2,402,000.00 4.58208% 2,399,846.07 9,163.57 0.00 0.00 B-5 1,800,000.00 4.58208% 1,798,385.90 6,866.95 0.00 0.00 B-6 2,402,164.74 4.58208% 2,400,010.66 9,164.20 0.00 0.00 Totals 1,200,617,264.74 4,458,425.00 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 16.39 0.00 619,366.14 0.00 157,880,951.69 I-A-2 1.26 0.00 47,484.08 0.00 12,104,039.15 I-A-3 17.09 0.00 645,517.95 0.00 164,547,237.75 I-A-4 0.56 0.00 21,336.06 0.00 5,438,717.40 I-A-R 0.00 0.00 0.00 0.00 0.00 I-A-LR 0.00 0.00 0.00 0.00 0.00 II-A-1 12.17 0.00 459,800.64 0.00 120,651,911.87 II-A-2 64.64 0.00 2,442,104.18 0.00 640,809,329.99 II-A-3 2.14 0.00 80,711.56 0.00 21,178,754.00 B-1 1.94 0.00 73,279.89 0.00 19,183,004.63 B-2 0.73 0.00 27,482.34 0.00 7,194,250.89 B-3 0.42 0.00 16,030.10 0.00 4,196,313.47 B-4 0.24 0.00 9,163.32 0.00 2,398,749.39 B-5 0.18 0.00 6,866.77 0.00 1,797,564.08 B-6 0.24 0.00 9,163.95 0.00 2,398,913.91 Totals 118.00 0.00 4,458,306.98 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 I-A-1 163,724,000.00 4.67637% 970.77490313 3.78308947 0.00000000 0.00000000 I-A-2 12,552,000.00 4.67637% 970.77490280 3.78308955 0.00000000 0.00000000 I-A-3 170,637,000.00 4.67637% 970.77490310 3.78308942 0.00000000 0.00000000 I-A-4 5,640,000.00 4.67637% 970.77490248 3.78308865 0.00000000 0.00000000 I-A-R 50.00 4.67531% 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 50.00 4.67531% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 125,000,000.00 4.54104% 972.06967448 3.67850248 0.00000000 0.00000000 II-A-2 663,903,000.00 4.54104% 972.06967449 3.67850246 0.00000000 0.00000000 II-A-3 21,942,000.00 4.54104% 972.06967460 3.67850242 0.00000000 0.00000000 B-1 19,209,000.00 4.58208% 999.10327659 3.81497371 0.00000000 0.00000000 B-2 7,204,000.00 4.58208% 999.10327596 3.81497363 0.00000000 0.00000000 B-3 4,202,000.00 4.58208% 999.10327701 3.81497382 0.00000000 0.00000000 B-4 2,402,000.00 4.58208% 999.10327644 3.81497502 0.00000000 0.00000000 B-5 1,800,000.00 4.58208% 999.10327778 3.81497222 0.00000000 0.00000000 B-6 2,402,164.74 4.58208% 999.10327549 3.81497565 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 0.00010011 0.00000000 3.78298930 0.00000000 964.31159567 I-A-2 0.00010038 0.00000000 3.78298917 0.00000000 964.31159576 I-A-3 0.00010015 0.00000000 3.78298933 0.00000000 964.31159567 I-A-4 0.00009929 0.00000000 3.78298936 0.00000000 964.31159574 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00009736 0.00000000 3.67840512 0.00000000 965.21529496 II-A-2 0.00009736 0.00000000 3.67840510 0.00000000 965.21529499 II-A-3 0.00009753 0.00000000 3.67840489 0.00000000 965.21529487 B-1 0.00010099 0.00000000 3.81487272 0.00000000 998.64670883 B-2 0.00010133 0.00000000 3.81487229 0.00000000 998.64670877 B-3 0.00009995 0.00000000 3.81487387 0.00000000 998.64670871 B-4 0.00009992 0.00000000 3.81487094 0.00000000 998.64670691 B-5 0.00010000 0.00000000 3.81487222 0.00000000 998.64671111 B-6 0.00009991 0.00000000 3.81487158 0.00000000 998.64670814 (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 161,587.06 Deposits Payments of Interest and Principal 12,637,450.35 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 12,637,450.35 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 250,519.37 Payment of Interest and Principal 12,311,797.81 Total Withdrawals (Pool Distribution Amount) 12,562,317.18 Ending Balance 236,720.23
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 2,575.12 Servicing Fee Support 2,457.12 Non-Supported Prepayment/Curtailment Interest Shortfall 118.00
SERVICING FEES Gross Servicing Fee 243,246.62 Master Servicing Fee 9,729.87 Supported Prepayment/Curtailment Interest Shortfall 2,457.12 Net Servicing Fee 250,519.37
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT 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 1 0 0 1 294,900.00 0.00 0.00 294,900.00 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 1 0 0 1 0.00 294,900.00 0.00 0.00 294,900.00 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 0.034868% 0.000000% 0.000000% 0.034868% 0.025363% 0.000000% 0.000000% 0.025363% 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% 0.034868% 0.000000% 0.000000% 0.034868% 0.000000% 0.025363% 0.000000% 0.000000% 0.025363%
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 1 0 0 1 294,900.00 0.00 0.00 294,900.00 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 1 0 0 1 0.00 294,900.00 0.00 0.00 294,900.00 0-29 Days 0.071531% 0.000000% 0.000000% 0.071531% 0.083959% 0.000000% 0.000000% 0.083959% 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% 0.071531% 0.000000% 0.000000% 0.071531% 0.000000% 0.083959% 0.000000% 0.000000% 0.083959% 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 82,993.25
SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 1,036,893,264.74 86.36334785% 1,001,898,786.53 86.38698828% 96.795185% 100.000000% Class I-A-2 1,024,341,264.74 85.31788563% 989,794,747.38 85.34333846% 1.043650% 0.000000% Class I-A-3 853,704,264.74 71.10544632% 825,247,509.63 71.15553776% 14.187801% 0.000000% Class I-A-4 848,064,264.74 70.63568796% 819,808,792.23 70.68659377% 0.468944% 0.000000% Class I-AR 848,064,214.74 70.63568380% 819,808,792.23 70.68659377% 0.000000% 0.000000% Class I-ALR 848,064,164.74 70.63567963% 819,808,792.23 70.68659377% 0.000000% 0.000000% Class II-A-1 723,064,164.74 60.22436841% 699,156,880.36 60.28359156% 10.403002% 0.000000% Class II-A-2 59,161,164.74 4.92756239% 58,347,550.37 5.03091651% 55.252675% 0.000000% Class II-A-3 37,219,164.74 3.10000246% 37,168,796.37 3.20481512% 1.826101% 0.000000% Class B-1 18,010,164.74 1.50007544% 17,985,791.74 1.55079375% 1.654021% 0.000000% Class B-2 10,806,164.74 0.90005075% 10,791,540.85 0.93048193% 0.620312% 0.000000% Class B-3 6,604,164.74 0.55006412% 6,595,227.38 0.56866206% 0.361820% 0.000000% Class B-4 4,202,164.74 0.35000036% 4,196,477.99 0.36183405% 0.206828% 0.000000% Class B-5 2,402,164.74 0.20007748% 2,398,913.91 0.20684220% 0.154992% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.206842% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description 5/1 CMT ARM Weighted Average Gross Coupon 4.842085% Weighted Average Net Coupon 4.582085% Weighted Average Pass-Through Rate 4.582085% Weighted Average Maturity(Stepdown Calculation) 354 Beginning Scheduled Collateral Loan Count 2,883 Number Of Loans Paid In Full 15 Ending Scheduled Collateral Loan Count 2,868 Beginning Scheduled Collateral Balance 1,167,633,229.06 Ending Scheduled Collateral Balance 1,159,779,738.24 Ending Actual Collateral Balance at 31-May-2005 1,162,699,389.68 Monthly P&I Constant 5,251,421.83 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 12,152,932.62 Ending Scheduled Balance for Premium Loans 1,159,779,738.24 Scheduled Principal 533,869.71 Unscheduled Principal 7,319,621.11 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 1,131,646,417.08 Greater Than 80%, less than or equal to 85% 4,479,678.32 Greater than 85%, less than or equal to 95% 22,694,535.12 Greater than 95% 928,999.00
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 4.936459 4.801107 4.842085 Weighted Average Net Rate 4.676459 4.541107 4.582085 Weighted Average Maturity 355 354 354 Beginning Loan Count 1,405 1,478 2,883 Loans Paid In Full 7 8 15 Ending Loan Count 1,398 1,470 2,868 Beginning Scheduled Balance 353,526,226.68 814,107,002.38 1,167,633,229.06 Ending Scheduled Balance 351,246,457.08 808,533,281.16 1,159,779,738.24 Record Date 05/31/2005 05/31/2005 05/31/2005 Principal And Interest Constant 1,489,004.55 3,762,417.28 5,251,421.83 Scheduled Principal 34,835.73 499,033.98 533,869.71 Unscheduled Principal 2,244,933.87 5,074,687.24 7,319,621.11 Scheduled Interest 1,454,168.19 3,257,115.31 4,711,283.50 Servicing Fees 73,644.30 169,602.32 243,246.62 Master Servicing Fees 2,945.77 6,784.09 9,729.87 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 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 1,377,578.11 3,080,728.90 4,458,307.01 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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