EXHIBIT 10.1
Contact: | Customer Services — CTSLink | |||
Wells Fargo Bank Minnesota, N.A. | ||||
Securities Administration Services | ||||
7485 New Horizon Way | ||||
Frederick, MD 21703 | ||||
www.ctslink.com | ||||
Telephone: | (301) 815-6600 | |||
Fax: | (301) 315-6660 |
SMT SERIES 2004-1
Record Date: March 31, 2004
Distribution Date: April 20, 2004
Certificateholder Distribution Summary
Certificate | Certificate | Beginning | Current | Ending | Cumulative | |||||||||||||||||||||||||||||||||||
Class | Pass-Through | Certificate | Interest | Principal | Realized | Certificate | Total | Realized | ||||||||||||||||||||||||||||||||
Class | CUSIP | Description | Rate | Balance | Distribution | Distribution | Loss | Balance | Distribution | Loss | ||||||||||||||||||||||||||||||
A | 81744FAA5 | SEN | 1.47000 | % | 598,413,767.48 | 733,056.86 | 5,426,076.64 | 0.00 | 592,987,690.84 | 6,159,133.50 | 0.00 | |||||||||||||||||||||||||||||
X-1 | 81744FAB3 | IO | 0.80000 | % | 0.00 | 371,966.59 | 0.00 | 0.00 | 0.00 | 371,966.59 | 0.00 | |||||||||||||||||||||||||||||
X-2 | 81744FAC1 | IO | 0.45080 | % | 0.00 | 224,806.24 | 0.00 | 0.00 | 0.00 | 224,806.24 | 0.00 | |||||||||||||||||||||||||||||
X-B | 81744FAD9 | IO | 0.83284 | % | 0.00 | 10,627.06 | 0.00 | 0.00 | 0.00 | 10,627.06 | 0.00 | |||||||||||||||||||||||||||||
B-1 | 81744FAG2 | SUB | 1.64000 | % | 9,375,000.00 | 12,812.50 | 0.00 | 0.00 | 9,375,000.00 | 12,812.50 | 0.00 | |||||||||||||||||||||||||||||
B-2 | 81744FAH0 | SUB | 2.14000 | % | 5,937,000.00 | 10,587.65 | 0.00 | 0.00 | 5,937,000.00 | 10,587.65 | 0.00 | |||||||||||||||||||||||||||||
B-3 | 81744FAJ6 | SUB | 2.66671 | % | 3,437,000.00 | 7,637.90 | 0.00 | 0.00 | 3,437,000.00 | 7,637.90 | 0.00 | |||||||||||||||||||||||||||||
B-4 | 81744FAK3 | SUB | 2.66671 | % | 1,562,000.00 | 3,471.17 | 0.00 | 0.00 | 1,562,000.00 | 3,471.17 | 0.00 | |||||||||||||||||||||||||||||
B-5 | 81744FAL1 | SUB | 2.66671 | % | 937,000.00 | 2,082.26 | 0.00 | 0.00 | 937,000.00 | 2,082.26 | 0.00 | |||||||||||||||||||||||||||||
B-6 | 81744FAM9 | SUB | 2.66671 | % | 2,500,468.00 | 5,556.68 | 0.00 | 0.00 | 2,500,468.00 | 5,556.68 | 0.00 | |||||||||||||||||||||||||||||
A-R | 81744FAF4 | RES | 2.66075 | % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||||||||
Totals | 622,162,235.48 | 1,382,604.91 | 5,426,076.64 | 0.00 | 616,736,158.84 | 6,808,681.55 | 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 | Total | Ending | Ending | Total | |||||||||||||||||||||||||||||||||
Face | Certificate | Principal | Principal | Realized | Principal | Certificate | Certificate | Principal | ||||||||||||||||||||||||||||||||
Class | Amount | Balance | Distribution | Distribution | Accretion | Loss (1) | Reduction | Balance | Percentage | Distribution | ||||||||||||||||||||||||||||||
A | 601,250,000.00 | 598,413,767.48 | 3,130.69 | 5,422,945.95 | 0.00 | 0.00 | 5,426,076.64 | 592,987,690.84 | 0.98625811 | 5,426,076.64 | ||||||||||||||||||||||||||||||
X-1 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00000000 | 0.00 | ||||||||||||||||||||||||||||||
X-2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00000000 | 0.00 | ||||||||||||||||||||||||||||||
X-B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-1 | 9,375,000.00 | 9,375,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9,375,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-2 | 5,937,000.00 | 5,937,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5,937,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-3 | 3,437,000.00 | 3,437,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,437,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-4 | 1,562,000.00 | 1,562,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,562,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-5 | 937,000.00 | 937,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 937,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-6 | 2,500,468.00 | 2,500,468.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,500,468.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
A-R | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00000000 | 0.00 | ||||||||||||||||||||||||||||||
Totals | 624,998,568.00 | 622,162,235.48 | 3,130.69 | 5,422,945.95 | 0.00 | 0.00 | 5,426,076.64 | 616,736,158.84 | 0.98678012 | 5,426,076.64 | ||||||||||||||||||||||||||||||
(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 Factors Statement
Original | Beginning | Scheduled | Unscheduled | Total | Ending | Ending | Total | |||||||||||||||||||||||||||||||||
Face | Certificate | Principal | Principal | Realized | Principal | Certificate | Certificate | Principal | ||||||||||||||||||||||||||||||||
Class | Amount | Balance | Distribution | Distribution | Accretion | Loss (3) | Reduction | Balance | Percentage | Distribution | ||||||||||||||||||||||||||||||
A | 601,250,000.00 | 995.28277336 | 0.00520697 | 9.01945272 | 0.00000000 | 0.00000000 | 9.02465969 | 986.25811366 | 0.98625811 | 9.02465969 | ||||||||||||||||||||||||||||||
X-1 | 0.00 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
X-2 | 0.00 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
X-B | 0.00 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-1 | 9,375,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-2 | 5,937,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-3 | 3,437,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-4 | 1,562,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-5 | 937,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-6 | 2,500,468.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
A-R | 100.00 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 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 | Non- | Remaining | Ending | ||||||||||||||||||||||||||||||||||||||||
Original | Current | Certificate/ | Current | of Unpaid | Current | Supported | Total | Unpaid | Certificate/ | |||||||||||||||||||||||||||||||||||
Face | Certificate | Notional | Accrued | Interest | Interest | Interest | Realized | Interest | Interest | Notational | ||||||||||||||||||||||||||||||||||
Class | Amount | Rate | Balance | Interest | Shortfall | Shortfall | Shortfall | Loss (4) | Distribution | Shortfall | Balance | |||||||||||||||||||||||||||||||||
A | 601,250,000.00 | 1.47000 | % | 598,413,767.48 | 733,056.87 | 0.00 | 0.00 | 0.00 | 0.00 | 733,056.86 | 0.00 | 592,987,690.84 | ||||||||||||||||||||||||||||||||
X-1 | 0.00 | 0.80000 | % | 557,949,893.89 | 371,966.60 | 0.00 | 0.00 | 0.00 | 0.00 | 371,966.59 | 0.00 | 537,438,074.61 | ||||||||||||||||||||||||||||||||
X-2 | 0.00 | 0.45080 | % | 598,413,767.48 | 224,806.24 | 0.00 | 0.00 | 0.00 | 0.00 | 224,806.24 | 0.00 | 592,987,690.84 | ||||||||||||||||||||||||||||||||
X-B | 0.00 | 0.83284 | % | 15,312,000.00 | 10,627.06 | 0.00 | 0.00 | 0.00 | 0.00 | 10,627.06 | 0.00 | 15,312,000.00 | ||||||||||||||||||||||||||||||||
B-1 | 9,375,000.00 | 1.64000 | % | 9,375,000.00 | 12,812.50 | 0.00 | 0.00 | 0.00 | 0.00 | 12,812.50 | 0.00 | 9,375,000.00 | ||||||||||||||||||||||||||||||||
B-2 | 5,937,000.00 | 2.14000 | % | 5,937,000.00 | 10,587.65 | 0.00 | 0.00 | 0.00 | 0.00 | 10,587.65 | 0.00 | 5,937,000.00 | ||||||||||||||||||||||||||||||||
B-3 | 3,437,000.00 | 2.66671 | % | 3,437,000.00 | 7,637.90 | 0.00 | 0.00 | 0.00 | 0.00 | 7,637.90 | 0.00 | 3,437,000.00 | ||||||||||||||||||||||||||||||||
B-4 | 1,562,000.00 | 2.66671 | % | 1,562,000.00 | 3,471.17 | 0.00 | 0.00 | 0.00 | 0.00 | 3,471.17 | 0.00 | 1,562,000.00 | ||||||||||||||||||||||||||||||||
B-5 | 937,000.00 | 2.66671 | % | 937,000.00 | 2,082.26 | 0.00 | 0.00 | 0.00 | 0.00 | 2,082.26 | 0.00 | 937,000.00 | ||||||||||||||||||||||||||||||||
B-6 | 2,500,468.00 | 2.66671 | % | 2,500,468.00 | 5,556.68 | 0.00 | 0.00 | 0.00 | 0.00 | 5,556.68 | 0.00 | 2,500,468.00 | ||||||||||||||||||||||||||||||||
A-R | 100.00 | 2.66075 | % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||||||||||
Totals | 624,998,568.00 | 1,382,604.93 | 0.00 | 0.00 | 0.00 | 0.00 | 1,382,604.91 | 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 | Non- | Remaining | Ending | ||||||||||||||||||||||||||||||||||||||||
Original | Current | Certificate/ | Current | of Unpaid | Current | Supported | Total | Unpaid | Certificate/ | |||||||||||||||||||||||||||||||||||
Class | Face | Certificate | Notional | Accrued | Interest | Interest | Interest | Realized | Interest | Interest | Notational | |||||||||||||||||||||||||||||||||
(5) | Amount | Rate | Balance | Interest | Shortfall | Shortfall | Shortfall | Loss (6) | Distribution | Shortfall | Balance | |||||||||||||||||||||||||||||||||
A | 601,250,000.00 | 1.47000 | % | 995.28277336 | 1.21922141 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1.21922139 | 0.00000000 | 986.25811366 | ||||||||||||||||||||||||||||||||
X-1 | 0.00 | 0.80000 | % | 927.98319150 | 0.61865547 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.61865545 | 0.00000000 | 893.86789956 | ||||||||||||||||||||||||||||||||
X-2 | 0.00 | 0.45080 | % | 995.28277336 | 0.37389811 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.37389811 | 0.00000000 | 986.25811366 | ||||||||||||||||||||||||||||||||
X-B | 0.00 | 0.83284 | % | 1000.00000000 | 0.69403474 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.69403474 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
B-1 | 9,375,000.00 | 1.64000 | % | 1000.00000000 | 1.36666667 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1.36666667 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
B-2 | 5,937,000.00 | 2.14000 | % | 1000.00000000 | 1.78333333 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1.78333333 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
B-3 | 3,437,000.00 | 2.66671 | % | 1000.00000000 | 2.22225778 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 2.22225778 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
B-4 | 1,562,000.00 | 2.66671 | % | 1000.00000000 | 2.22225992 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 2.22225992 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
B-5 | 937,000.00 | 2.66671 | % | 1000.00000000 | 2.22226254 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 2.22226254 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
B-6 | 2,500,468.00 | 2.66671 | % | 1000.00000000 | 2.22225599 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 2.22225599 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
A-R | 100.00 | 2.66075 | % | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||||
(5) | Per $1 denomination | |
(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 | 7,020,559.09 | |||
Liquidations, Insurance Proceeds, Reserve Funds | 0.00 | |||
Proceeds from Repurchased Loans | 0.00 | |||
Other Amounts (Servicer Advances) | 8,704.52 | |||
Realized Losses (Gains, Subsequent Expenses & Recoveries) | 0.00 | |||
Prepayment Penalties | 0.00 | |||
Total Deposits | 7,029,263.61 | |||
Withdrawals | ||||
Reimbursement for Servicer Advances | 20,343.04 | |||
Payment of Service Fee | 200,239.02 | |||
Payment of Interest and Principal | 6,808,681.55 | |||
Total Withdrawals (Pool Distribution Amount) | 7,029,263.61 | |||
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 | 0.01 | |||
Servicing Fees
Gross Servicing Fee | 195,054.34 | |||
Master Servicing Fee | 5,184.68 | |||
Supported Prepayment/Curtailment Interest Shortfall | 0.00 | |||
Net Servicing Fee | 200,239.02 | |||
Other Accounts
Account Type | Beginning Balance | Current Withdrawals | Current Deposits | Ending Balance | ||||||||||||
Class X-1 Sub Account | 4,500.00 | 0.00 | 0.00 | 4,500.00 | ||||||||||||
Class X-2 Sub Account | 4,500.00 | 0.00 | 0.00 | 4,500.00 | ||||||||||||
Class X-B Sub Account | 1,000.00 | 0.00 | 0.00 | 1,000.00 |
Loan Status Stratification/Credit Enhancement Statement
DELINQUENT | BANKRUPTCY | FORECLOSURE | REO | TOTAL | ||||||||||||||||||||||||||||||||||||||||||||
No. of | Principal | No. of | Principal | No. of | Principal | No. of | Principal | No. of | Principal | |||||||||||||||||||||||||||||||||||||||
Loans | Balance | Loans | Balance | Loans | Balance | Loans | Balance | Loans | Balance | |||||||||||||||||||||||||||||||||||||||
0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||
30 Days | 11 | 3,287,991.09 | 30 Days | 0 | 0.00 | 30 Days | 0 | 0.00 | 30 Days | 0 | 0.00 | 30 Days | 11 | 3,287,991.09 | ||||||||||||||||||||||||||||||||||
60 Days | 1 | 450,000.00 | 60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | 60 Days | 1 | 450,000.00 | ||||||||||||||||||||||||||||||||||
90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||
120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||
150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||
180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||
12 | 3,737,991.09 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 12 | 3,737,991.09 | |||||||||||||||||||||||||||||||||||||||
No. of | Principal | No. of | Principal | No. of | Principal | No. of | Principal | No. of | Principal | |||||||||||||||||||||||||||||||||||||||
Loans | Balance | Loans | Balance | Loans | Balance | Loans | Balance | Loans | Balance | |||||||||||||||||||||||||||||||||||||||
0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||
30 Days | 0.621469 | % | 0.533125 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.621469 | % | 0.533125 | % | ||||||||||||||||||||||||
60 Days | 0.056497 | % | 0.072964 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.056497 | % | 0.072964 | % | ||||||||||||||||||||||||
90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||
120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||
150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||
180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||
0.677966 | % | 0.606089 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.677966 | % | 0.606089 | % | |||||||||||||||||||||||||||||
Current Period Class A Insufficient Funds: | 0.00 | Principal Balance of Contaminated Properties | 0.00 | Periodic Advance | 8,704.52 |
Original $ | Original% | Current $ | Current % | Current Class % | Prepayment % | |||||||||||||||||||
Class A | 23,748,468.00 | 3.79976359 | % | 23,748,468.00 | 3.85066898 | % | 96.149331 | % | 0.000000 | % | ||||||||||||||
Class X-1 | 23,748,468.00 | 3.79976359 | % | 23,748,468.00 | 3.85066898 | % | 0.000000 | % | 0.000000 | % | ||||||||||||||
Class X-2 | 23,748,468.00 | 3.79976359 | % | 23,748,468.00 | 3.85066898 | % | 0.000000 | % | 0.000000 | % | ||||||||||||||
Class B-1 | 14,373,468.00 | 2.29976015 | % | 14,373,468.00 | 2.33057002 | % | 1.520099 | % | 39.476231 | % | ||||||||||||||
Class B-2 | 8,436,468.00 | 1.34983797 | % | 8,436,468.00 | 1.36792174 | % | 0.962648 | % | 24.999507 | % | ||||||||||||||
Class B-3 | 4,999,468.00 | 0.79991671 | % | 4,999,468.00 | 0.81063319 | % | 0.557289 | % | 14.472513 | % | ||||||||||||||
Class B-4 | 3,437,468.00 | 0.54999614 | % | 3,437,468.00 | 0.55736443 | % | 0.253269 | % | 6.577266 | % | ||||||||||||||
Class B-5 | 2,500,468.00 | 0.40007580 | % | 2,500,468.00 | 0.40543561 | % | 0.151929 | % | 3.945518 | % | ||||||||||||||
Class B-6 | 0.00 | 0.00000000 | % | 0.00 | 0.00000000 | % | 0.405436 | % | 10.528965 | % |
Please refer to the prospectus supplement for a full description of loss exposure
Collateral Statement
Collateral Description | Mixed Arm | |||
Weighted Average Gross Coupon | 3.052922 | % | ||
Weighted Average Net Coupon | 2.676709 | % | ||
Weighted Average Pass-Through Rate | 2.666709 | % | ||
Weighted Average Maturity (Stepdown Calculation) | 332 | |||
Beginning Scheduled Collateral Loan Count | 1,784 | |||
Number of Loans Paid in Full | 14 | |||
Ending Scheduled Collateral Loan Count | 1,770 | |||
Beginning Scheduled Collateral Balance | 622,162,235.91 | |||
Ending Scheduled Collateral Balance | 616,736,159.27 | |||
Ending Actual Collateral Balance at 31-Mar-2004 | 616,739,356.77 | |||
Monthly P&I Constant | 1,585,974.65 | |||
Special Servicing Fee | 0.00 | |||
Prepayment Penalties | 0.00 | |||
Realization Loss Amount | 0.00 | |||
Cumulative Realized Loss | 0.00 | |||
Class A Optimal Amount | 6,766,533.41 | |||
Ending Scheduled Balance for Premium Loans | 616,736,159.27 | |||
Scheduled Principal | 3,130.69 | |||
Unscheduled Principal | 5,422,945.95 |
Miscellaneous Reporting
One-Month Libor Loan Balance | 94,293,371.42 | |||
Six-Month Libor Loan Balance | 522,166,787.85 | |||
Prorata Senior Percentage | 96.182914 | % | ||
Senior Percentage | 100.000000 | % | ||
Senior Prepayment Percentage | 100.000000 | % | ||
Subordinate Percentage | 0.000000 | % | ||
Subordinate Prepayment Percentage | 0.000000 | % |