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 2004-2
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 | 81744FAN7 | SEN | 1.45000 | % | 670,537,730.94 | 810,233.10 | 6,791,430.27 | 0.00 | 663,746,300.67 | 7,601,663.37 | 0.00 | |||||||||||||||||||||||||||||
X-1 | 81744FAP2 | IO | 0.80000 | % | 0.00 | 431,543.24 | 0.00 | 0.00 | 0.00 | 431,543.24 | 0.00 | |||||||||||||||||||||||||||||
X-2 | 81744FAQ0 | IO | 0.53142 | % | 0.00 | 296,949.53 | 0.00 | 0.00 | 0.00 | 296,949.53 | 0.00 | |||||||||||||||||||||||||||||
X-B | 81744FAR8 | IO | 0.98259 | % | 0.00 | 15,189.12 | 0.00 | 0.00 | 0.00 | 15,189.12 | 0.00 | |||||||||||||||||||||||||||||
B-1 | 81744FAT4 | SUB | 1.59000 | % | 11,550,000.00 | 15,303.75 | 0.00 | 0.00 | 11,550,000.00 | 15,303.75 | 0.00 | |||||||||||||||||||||||||||||
B-2 | 81744FAU1 | SUB | 2.07000 | % | 7,000,000.00 | 12,075.00 | 0.00 | 0.00 | 7,000,000.00 | 12,075.00 | 0.00 | |||||||||||||||||||||||||||||
B-3 | 81744FAV9 | SUB | 2.75372 | % | 3,150,000.00 | 7,228.51 | 0.00 | 0.00 | 3,150,000.00 | 7,228.51 | 0.00 | |||||||||||||||||||||||||||||
B-4 | 81744FAW7 | SUB | 2.75372 | % | 1,750,000.00 | 4,015.84 | 0.00 | 0.00 | 1,750,000.00 | 4,015.84 | 0.00 | |||||||||||||||||||||||||||||
B-5 | 81744FAX5 | SUB | 2.75372 | % | 1,400,000.00 | 3,212.67 | 0.00 | 0.00 | 1,400,000.00 | 3,212.67 | 0.00 | |||||||||||||||||||||||||||||
B-6 | 81744FAY6 | SUB | 2.75372 | % | 3,150,069.00 | 7,228.67 | 0.00 | 0.00 | 3,150,069.00 | 7,228.67 | 0.00 | |||||||||||||||||||||||||||||
A-R | 81744FAS6 | RES | 2.74994 | % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||||||||
Totals | 698,537,799.94 | 1,602,979.43 | 6,791,430.27 | 0.00 | 691,746,369.67 | 8,394,409.70 | 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 | 671,998,000.00 | 670,537,730.94 | 0.00 | 6,791,430.27 | 0.00 | 0.00 | 6,791,430.27 | 663,746,300.67 | 0.98772065 | 6,791,430.27 | ||||||||||||||||||||||||||||||
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 | 11,550,000.00 | 11,550,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11,550,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-2 | 7,000,000.00 | 7,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7,000,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-3 | 3,150,000.00 | 3,150,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,150,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-4 | 1,750,000.00 | 1,750,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,750,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-5 | 1,400,000.00 | 1,400,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,400,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-6 | 3,150,069.00 | 3,150,069.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,150,069.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
A-R | 100.00 | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00000000 | 0.00 | ||||||||||||||||||||||||||||||
Totals | 699,998,169.00 | 698,537,799.94 | 0.00 | 6,791,430.27 | 0.00 | 0.00 | 6,791,430.27 | 691,746,369.67 | 0.98821168 | 6,791,430.27 | ||||||||||||||||||||||||||||||
(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 | 671,998,000.00 | 997.82697410 | 0.00000000 | 10.10632512 | 0.00000000 | 0.00000000 | 10.10632512 | 987.72064898 | 0.98772065 | 10.10632512 | ||||||||||||||||||||||||||||||
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 | 11,550,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-2 | 7,000,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-3 | 3,150,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-4 | 1,750,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-5 | 1,400,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-6 | 3,150,069.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
A-R | 100.00 | 1000.00000000 | 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 | 671,998,000.00 | 1.45000 | % | 670,537,730.94 | 810,233.09 | 0.00 | 0.00 | 0.00 | 0.00 | 810,233.10 | 0.00 | 663,746,300.67 | ||||||||||||||||||||||||||||||||
X-1 | 0.00 | 0.80000 | % | 647,314,859.62 | 431,543.24 | 0.00 | 0.00 | 0.00 | 0.00 | 431,543.24 | 0.00 | 623,501,996.31 | ||||||||||||||||||||||||||||||||
X-2 | 0.00 | 0.53142 | % | 670,537,730.94 | 296,949.53 | 0.00 | 0.00 | 0.00 | 0.00 | 296,949.53 | 0.00 | 663,746,300.67 | ||||||||||||||||||||||||||||||||
X-B | 0.00 | 0.98259 | % | 18,550,000.00 | 15,189.12 | 0.00 | 0.00 | 0.00 | 0.00 | 15,189.12 | 0.00 | 18,550,000.00 | ||||||||||||||||||||||||||||||||
B-1 | 11,550,000.00 | 1.59000 | % | 11,550,000.00 | 15,303.75 | 0.00 | 0.00 | 0.00 | 0.00 | 15,303.75 | 0.00 | 11,550,000.00 | ||||||||||||||||||||||||||||||||
B-2 | 7,000,000.00 | 2.07000 | % | 7,000,000.00 | 12,075.00 | 0.00 | 0.00 | 0.00 | 0.00 | 12,075.00 | 0.00 | 7,000,000.00 | ||||||||||||||||||||||||||||||||
B-3 | 3,150,000.00 | 2.75372 | % | 3,150,000.00 | 7,228.51 | 0.00 | 0.00 | 0.00 | 0.00 | 7,228.51 | 0.00 | 3,150,000.00 | ||||||||||||||||||||||||||||||||
B-4 | 1,750,000.00 | 2.75372 | % | 1,750,000.00 | 4,015.84 | 0.00 | 0.00 | 0.00 | 0.00 | 4,015.84 | 0.00 | 1,750,000.00 | ||||||||||||||||||||||||||||||||
B-5 | 1,400,000.00 | 2.75372 | % | 1,400,000.00 | 3,212.67 | 0.00 | 0.00 | 0.00 | 0.00 | 3,212.67 | 0.00 | 1,400,000.00 | ||||||||||||||||||||||||||||||||
B-6 | 3,150,069.00 | 2.75372 | % | 3,150,069.00 | 7,228.67 | 0.00 | 0.00 | 0.00 | 0.00 | 7,228.67 | 0.00 | 3,150,069.00 | ||||||||||||||||||||||||||||||||
A-R | 100.00 | 2.74994 | % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||||||||||
Totals | 699,998,169.00 | 1,602,979.42 | 0.00 | 0.00 | 0.00 | 0.00 | 1,602,979.43 | 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 | 671,998,000.00 | 1.45000 | % | 997.82697410 | 1.20570759 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1.20570761 | 0.00000000 | 987.72064898 | ||||||||||||||||||||||||||||||||
X-1 | 0.00 | 0.80000 | % | 963.26902702 | 0.64217935 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.64217935 | 0.00000000 | 927.83311306 | ||||||||||||||||||||||||||||||||
X-2 | 0.00 | 0.53142 | % | 997.82697410 | 0.44189050 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.44189050 | 0.00000000 | 987.72064898 | ||||||||||||||||||||||||||||||||
X-B | 0.00 | 0.98259 | % | 1000.00000000 | 0.81882049 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.81882049 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
B-1 | 11,550,000.00 | 1.59000 | % | 1000.00000000 | 1.32500000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1.32500000 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
B-2 | 7,000,000.00 | 2.07000 | % | 1000.00000000 | 1.72500000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1.72500000 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
B-3 | 3,150,000.00 | 2.75372 | % | 1000.00000000 | 2.29476508 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 2.29476508 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
B-4 | 1,750,000.00 | 2.75372 | % | 1000.00000000 | 2.29476571 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 2.29476571 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
B-5 | 1,400,000.00 | 2.75372 | % | 1000.00000000 | 2.29476429 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 2.29476429 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
B-6 | 3,150,069.00 | 2.75372 | % | 1000.00000000 | 2.29476561 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 2.29476561 | 0.00000000 | 1000.00000000 | ||||||||||||||||||||||||||||||||
A-R | 100.00 | 2.74994 | % | 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 | 8,612,961.44 | |||
Liquidations, Insurance Proceeds, Reserve Funds | 0.00 | |||
Proceeds from Repurchased Loans | 0.00 | |||
Other Amounts (Servicer Advances) | 13,745.51 | |||
Realized Losses (Gains, Subsequent Expenses & Recoveries) | 0.00 | |||
Prepayment Penalties | 0.00 | |||
Total Deposits | 8,626,706.95 | |||
Withdrawals | ||||
Reimbursement for Servicer Advances | 7,090.43 | |||
Payment of Service Fee | 225,206.83 | |||
Payment of Interest and Principal | 8,394,409.69 | |||
Total Withdrawals (Pool Distribution Amount) | 8,626,706.95 | |||
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 | 219,676.74 | |||
Master Servicing Fee | 5,530.09 | |||
Supported Prepayment/Curtailment Interest Shortfall | 0.00 | |||
Net Servicing Fee | 225,206.83 | |||
Other Accounts
Beginning | Current | Current | Ending | |||||||||||||
Account Type | Balance | Withdrawals | Deposits | 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 | 14 | 5,638,913.71 | 30 Days | 0 | 0.00 | 30 Days | 0 | 0.00 | 30 Days | 0 | 0.00 | 30 Days | 14 | 5,638,913.71 | ||||||||||||||||||||||||||||||||||
60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||
14 | 5,638,913.71 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 14 | 5,638,913.71 | |||||||||||||||||||||||||||||||||||||||
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 | 0.700000 | % | 0.815167 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.700000 | % | 0.815167 | % | ||||||||||||||||||||||||
60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 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 | % | 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 | % | ||||||||||||||||||||||||
0.700000 | % | 0.815167 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.700000 | % | 0.815167 | % | |||||||||||||||||||||||||||||
Current Period Class A Insufficient Funds: | 0.00 | Principal Balance of Contaminated Properties | 0.00 | Periodic Advance | 13,745.51 |
Original $ | Original% | Current $ | Current % | Current Class % | Prepayment % | |||||||||||||||||||
Class A | 28,000,069.00 | 4.00002032 | % | 28,000,069.00 | 4.04773631 | % | 95.952264 | % | 0.000000 | % | ||||||||||||||
Class X-1 | 28,000,069.00 | 4.00002032 | % | 28,000,069.00 | 4.04773631 | % | 0.000000 | % | 0.000000 | % | ||||||||||||||
Class X-2 | 28,000,069.00 | 4.00002032 | % | 28,000,069.00 | 4.04773631 | % | 0.000000 | % | 0.000000 | % | ||||||||||||||
Class B-1 | 16,450,069.00 | 2.35001600 | % | 16,450,069.00 | 2.37804920 | % | 1.669687 | % | 41.249898 | % | ||||||||||||||
Class B-2 | 9,450,069.00 | 1.35001339 | % | 9,450,069.00 | 1.36611761 | % | 1.011932 | % | 24.999938 | % | ||||||||||||||
Class B-3 | 6,300,069.00 | 0.90001221 | % | 6,300,069.00 | 0.91074840 | % | 0.455369 | % | 11.249972 | % | ||||||||||||||
Class B-4 | 4,550,069.00 | 0.65001156 | % | 4,550,069.00 | 0.65776550 | % | 0.252983 | % | 6.249985 | % | ||||||||||||||
Class B-5 | 3,150,069.00 | 0.45001103 | % | 3,150,069.00 | 0.45537919 | % | 0.202386 | % | 4.999988 | % | ||||||||||||||
Class B-6 | 0.00 | 0.00000000 | % | 0.00 | 0.00000000 | % | 0.455379 | % | 11.250219 | % |
Please refer to the prospectus supplement for a full description of loss exposure
Collateral Statement
Collateral Description | Mixed Arm | |||
Weighted Average Gross Coupon | 3.140594 | % | ||
Weighted Average Net Coupon | 2.763217 | % | ||
Weighted Average Pass-Through Rate | 2.753717 | % | ||
Weighted Average Maturity (Stepdown Calculation) | 343 | |||
Beginning Scheduled Collateral Loan Count | 2,011 | |||
Number of Loans Paid in Full | 11 | |||
Ending Scheduled Collateral Loan Count | 2,000 | |||
Beginning Scheduled Collateral Balance | 698,537,800.01 | |||
Ending Scheduled Collateral Balance | 691,746,369.74 | |||
Ending Actual Collateral Balance at 31-Mar-2004 | 691,749,665.63 | |||
Monthly P&I Constant | 1,828,186.26 | |||
Special Servicing Fee | 0.00 | |||
Prepayment Penalties | 0.00 | |||
Realization Loss Amount | 0.00 | |||
Cumulative Realized Loss | 0.00 | |||
Class A Optimal Amount | 8,345,345.25 | |||
Ending Scheduled Balance for Premium Loans | 691,746,369.74 | |||
Scheduled Principal | 0.00 | |||
Unscheduled Principal | 6,791,430.27 |
Miscellaneous Reporting
One-Month Libor Loan Balance | 77,972,013.97 | |||
Six-Month Libor Loan Balance | 613,774,355.77 | |||
Prorata Senior Percentage | 95.991617 | % | ||
Senior Percentage | 100.000000 | % | ||
Senior Prepayment Percentage | 100.000000 | % | ||
Subordinate Percentage | 0.000000 | % | ||
Subordinate Prepayment Percentage | 0.000000 | % |