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): August 25, 2003
BANK OF AMERICA ALT LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-5 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-03 54-2116906
Pooling and Servicing Agreement) (Commission IRS EIN
(State or other File Number)
jurisdiction
of Incorporation)
c/o Wells Fargo Bank Minnesota, 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)
ITEM 5. Other Events
On August 25, 2003 a distribution was made to holders of BANK OF AMERICA ALT
LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-5 Trust.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Mortgage Pass-Through Certificates,
Series 2003-5 Trust, relating to the
August 25, 2003 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.
BANK OF AMERICA ALT LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-5 Trust
By: Wells Fargo Bamk Minnesota, N.A. as Master Servicer
By: /s/ Beth Belfield, Assistant Vice President
By: Beth Belfield, Assistant Vice President
Date: 9/6/03
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2003-5 Trust,
relating to the August 25, 2003 distribution.
EX-99.1
Bank of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 7/31/03
Distribution Date: 8/25/03
BAA Series: 2003-5
Contact: Customer Service - CTSLink
Wells Fargo Bank Minnesota, 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
<s> <c> <c> <c> <c> <c> <c>
CB-1 05948KCJ6 SEN 5.50000% 222,254,052.26 1,018,664.41 2,770,074.30
CB-R 05948KCL1 SEN 5.50000% 0.00 0.00 0.00
CB-WIO 05948KCK3 SEN 0.39802% 0.00 68,910.50 0.00
NC-1 05948KCM9 SEN 5.50000% 30,366,367.75 139,179.19 35,298.31
NC-2 05948KCN7 SEN 5.50000% 2,772,000.00 12,705.00 0.00
NC-3 05948KCP2 SEN 5.50000% 961,425.00 4,406.53 0.00
NC-WIO 05948KCQ0 SEN 0.41574% 0.00 12,174.50 0.00
2-A-1 05948KCR8 SEN 5.00000% 179,508,188.13 747,950.78 1,488,621.01
2-A-WIO 05948KCS6 SEN 0.43145% 0.00 53,670.37 0.00
A-PO 05948KCT4 STP 0.00000% 1,914,582.53 0.00 15,967.14
1-B-1 05948KCU1 SUB 5.50000% 5,844,714.31 26,788.27 6,050.37
1-B-2 05948KCV9 SUB 5.50000% 2,717,542.38 12,455.40 2,813.16
1-B-3 05948KCW7 SUB 5.50000% 1,359,770.29 6,232.28 1,407.62
1-B-4 05948KDB2 SUB 5.50000% 1,358,771.19 6,227.70 1,406.58
1-B-5 05948KDC0 SUB 5.50000% 952,138.93 4,363.97 985.64
1-B-6 05948KDD8 SUB 5.50000% 1,087,399.61 4,983.91 1,125.66
2-B-1 05948KCX5 SUB 5.00000% 1,667,456.25 6,947.73 6,295.29
2-B-2 05948KCY3 SUB 5.00000% 647,846.12 2,699.36 2,445.87
2-B-3 05948KCZ0 SUB 5.00000% 648,842.81 2,703.51 2,449.63
2-B-4 05948KDE6 SUB 5.00000% 370,767.32 1,544.86 1,399.79
2-B-5 05948KDF3 SUB 5.00000% 185,383.66 772.43 699.89
2-B-6 05948KDG1 SUB 5.00000% 277,967.85 1,158.20 1,049.44
1-SES 05948KDA4 SEN 0.00000% 0.00 75,815.88 0.00
Totals 454,895,216.39 2,210,354.78 4,338,089.70
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
CB-1 0.00 219,483,977.96 3,788,738.71 0.00
CB-R 0.00 0.00 0.00 0.00
CB-WIO 0.00 0.00 68,910.50 0.00
NC-1 0.00 30,331,069.44 174,477.50 0.00
NC-2 0.00 2,772,000.00 12,705.00 0.00
NC-3 0.00 961,425.00 4,406.53 0.00
NC-WIO 0.00 0.00 12,174.50 0.00
2-A-1 0.00 178,019,567.12 2,236,571.79 0.00
2-A-WIO 0.00 0.00 53,670.37 0.00
A-PO 0.00 1,898,615.39 15,967.14 0.00
1-B-1 0.00 5,838,663.94 32,838.64 0.00
1-B-2 0.00 2,714,729.22 15,268.56 0.00
1-B-3 0.00 1,358,362.67 7,639.90 0.00
1-B-4 0.00 1,357,364.61 7,634.28 0.00
1-B-5 0.00 951,153.29 5,349.61 0.00
1-B-6 0.00 1,086,273.94 6,109.57 0.00
2-B-1 0.00 1,661,160.96 13,243.02 0.00
2-B-2 0.00 645,400.25 5,145.23 0.00
2-B-3 0.00 646,393.18 5,153.14 0.00
2-B-4 0.00 369,367.53 2,944.65 0.00
2-B-5 0.00 184,683.76 1,472.32 0.00
2-B-6 0.00 276,918.41 2,207.64 0.00
1-SES 0.00 0.00 75,815.88 0.00
Totals 0.00 450,557,126.67 6,548,444.48 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<s> <c> <c> <c> <c> <c> <c>
CB-1 224,006,000.00 222,254,052.26 232,044.30 2,538,030.00 0.00 0.00
CB-R 100.00 0.00 0.00 0.00 0.00 0.00
CB-WIO 0.00 0.00 0.00 0.00 0.00 0.00
NC-1 30,400,575.00 30,366,367.75 33,311.52 1,986.79 0.00 0.00
NC-2 2,772,000.00 2,772,000.00 0.00 0.00 0.00 0.00
NC-3 961,425.00 961,425.00 0.00 0.00 0.00 0.00
NC-WIO 0.00 0.00 0.00 0.00 0.00 0.00
2-A-1 180,719,000.00 179,508,188.13 677,712.23 810,908.78 0.00 0.00
2-A-WIO 0.00 0.00 0.00 0.00 0.00 0.00
A-PO 1,962,080.55 1,914,582.53 6,789.32 9,177.82 0.00 0.00
1-B-1 5,850,000.00 5,844,714.31 6,050.37 0.00 0.00 0.00
1-B-2 2,720,000.00 2,717,542.38 2,813.16 0.00 0.00 0.00
1-B-3 1,361,000.00 1,359,770.29 1,407.62 0.00 0.00 0.00
1-B-4 1,360,000.00 1,358,771.19 1,406.58 0.00 0.00 0.00
1-B-5 953,000.00 952,138.93 985.64 0.00 0.00 0.00
1-B-6 1,088,383.00 1,087,399.61 1,125.66 0.00 0.00 0.00
2-B-1 1,673,000.00 1,667,456.25 6,295.29 0.00 0.00 0.00
2-B-2 650,000.00 647,846.12 2,445.87 0.00 0.00 0.00
2-B-3 651,000.00 648,842.81 2,449.63 0.00 0.00 0.00
2-B-4 372,000.00 370,767.32 1,399.79 0.00 0.00 0.00
2-B-5 186,000.00 185,383.66 699.89 0.00 0.00 0.00
2-B-6 278,892.00 277,967.85 1,049.44 0.00 0.00 0.00
1-SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 457,964,455.55 454,895,216.39 977,986.31 3,360,103.39 0.00 0.00
<FN>
(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.
</FN>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
CB-1 2,770,074.30 219,483,977.96 0.97981294 2,770,074.30
CB-R 0.00 0.00 0.00000000 0.00
CB-WIO 0.00 0.00 0.00000000 0.00
NC-1 35,298.31 30,331,069.44 0.99771368 35,298.31
NC-2 0.00 2,772,000.00 1.00000000 0.00
NC-3 0.00 961,425.00 1.00000000 0.00
NC-WIO 0.00 0.00 0.00000000 0.00
2-A-1 1,488,621.01 178,019,567.12 0.98506282 1,488,621.01
2-A-WIO 0.00 0.00 0.00000000 0.00
A-PO 15,967.14 1,898,615.39 0.96765415 15,967.14
1-B-1 6,050.37 5,838,663.94 0.99806221 6,050.37
1-B-2 2,813.16 2,714,729.22 0.99806221 2,813.16
1-B-3 1,407.62 1,358,362.67 0.99806221 1,407.62
1-B-4 1,406.58 1,357,364.61 0.99806221 1,406.58
1-B-5 985.64 951,153.29 0.99806221 985.64
1-B-6 1,125.66 1,086,273.94 0.99806221 1,125.66
2-B-1 6,295.29 1,661,160.96 0.99292347 6,295.29
2-B-2 2,445.87 645,400.25 0.99292346 2,445.87
2-B-3 2,449.63 646,393.18 0.99292347 2,449.63
2-B-4 1,399.79 369,367.53 0.99292347 1,399.79
2-B-5 699.89 184,683.76 0.99292344 699.89
2-B-6 1,049.44 276,918.41 0.99292346 1,049.44
1-SES 0.00 0.00 0.00000000 0.00
Totals 4,338,089.70 450,557,126.67 0.98382554 4,338,089.70
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<s> <c> <c> <c> <c> <c>
CB-1 224,006,000.00 992.17901422 1.03588431 11.33018758 0.00000000
CB-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000
CB-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 30,400,575.00 998.87478280 1.09575296 0.06535370 0.00000000
NC-2 2,772,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-3 961,425.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 180,719,000.00 993.30003005 3.75008842 4.48712521 0.00000000
2-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 1,962,080.55 975.79201323 3.46026569 4.67759593 0.00000000
1-B-1 5,850,000.00 999.09646325 1.03425128 0.00000000 0.00000000
1-B-2 2,720,000.00 999.09646324 1.03425000 0.00000000 0.00000000
1-B-3 1,361,000.00 999.09646583 1.03425422 0.00000000 0.00000000
1-B-4 1,360,000.00 999.09646324 1.03425000 0.00000000 0.00000000
1-B-5 953,000.00 999.09646380 1.03424974 0.00000000 0.00000000
1-B-6 1,088,383.00 999.09646696 1.03424989 0.00000000 0.00000000
2-B-1 1,673,000.00 996.68634190 3.76287507 0.00000000 0.00000000
2-B-2 650,000.00 996.68633846 3.76287692 0.00000000 0.00000000
2-B-3 651,000.00 996.68634409 3.76287250 0.00000000 0.00000000
2-B-4 372,000.00 996.68634409 3.76287634 0.00000000 0.00000000
2-B-5 186,000.00 996.68634409 3.76284946 0.00000000 0.00000000
2-B-6 278,892.00 996.68635171 3.76289029 0.00000000 0.00000000
1-SES 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
</FN>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
CB-1 0.00000000 12.36607189 979.81294233 0.97981294 12.36607189
CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
CB-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 0.00000000 1.16110666 997.71367614 0.99771368 1.16110666
NC-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
NC-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
NC-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 8.23721363 985.06281642 0.98506282 8.23721363
2-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 0.00000000 8.13786162 967.65415161 0.96765415 8.13786162
1-B-1 0.00000000 1.03425128 998.06221197 0.99806221 1.03425128
1-B-2 0.00000000 1.03425000 998.06221324 0.99806221 1.03425000
1-B-3 0.00000000 1.03425422 998.06221161 0.99806221 1.03425422
1-B-4 0.00000000 1.03425000 998.06221324 0.99806221 1.03425000
1-B-5 0.00000000 1.03424974 998.06221406 0.99806221 1.03424974
1-B-6 0.00000000 1.03424989 998.06220788 0.99806221 1.03424989
2-B-1 0.00000000 3.76287507 992.92346683 0.99292347 3.76287507
2-B-2 0.00000000 3.76287692 992.92346154 0.99292346 3.76287692
2-B-3 0.00000000 3.76287250 992.92347158 0.99292347 3.76287250
2-B-4 0.00000000 3.76287634 992.92346774 0.99292347 3.76287634
2-B-5 0.00000000 3.76284946 992.92344086 0.99292344 3.76284946
2-B-6 0.00000000 3.76289029 992.92346141 0.99292346 3.76289029
1-SES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
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
<s> <c> <c> <c> <c> <c> <c>
CB-1 224,006,000.00 5.50000% 222,254,052.26 1,018,664.41 0.00 0.00
CB-R 100.00 5.50000% 0.00 0.00 0.00 0.00
CB-WIO 0.00 0.39802% 207,760,260.13 68,910.50 0.00 0.00
NC-1 30,400,575.00 5.50000% 30,366,367.75 139,179.19 0.00 0.00
NC-2 2,772,000.00 5.50000% 2,772,000.00 12,705.00 0.00 0.00
NC-3 961,425.00 5.50000% 961,425.00 4,406.53 0.00 0.00
NC-WIO 0.00 0.41574% 35,140,931.92 12,174.50 0.00 0.00
2-A-1 180,719,000.00 5.00000% 179,508,188.13 747,950.78 0.00 0.00
2-A-WIO 0.00 0.43145% 149,275,830.66 53,670.37 0.00 0.00
A-PO 1,962,080.55 0.00000% 1,914,582.53 0.00 0.00 0.00
1-B-1 5,850,000.00 5.50000% 5,844,714.31 26,788.27 0.00 0.00
1-B-2 2,720,000.00 5.50000% 2,717,542.38 12,455.40 0.00 0.00
1-B-3 1,361,000.00 5.50000% 1,359,770.29 6,232.28 0.00 0.00
1-B-4 1,360,000.00 5.50000% 1,358,771.19 6,227.70 0.00 0.00
1-B-5 953,000.00 5.50000% 952,138.93 4,363.97 0.00 0.00
1-B-6 1,088,383.00 5.50000% 1,087,399.61 4,983.91 0.00 0.00
2-B-1 1,673,000.00 5.00000% 1,667,456.25 6,947.73 0.00 0.00
2-B-2 650,000.00 5.00000% 647,846.12 2,699.36 0.00 0.00
2-B-3 651,000.00 5.00000% 648,842.81 2,703.51 0.00 0.00
2-B-4 372,000.00 5.00000% 370,767.32 1,544.86 0.00 0.00
2-B-5 186,000.00 5.00000% 185,383.66 772.43 0.00 0.00
2-B-6 278,892.00 5.00000% 277,967.85 1,158.20 0.00 0.00
1-SES 0.00 0.00000% 725,137,403.26 0.00 0.00 0.00
Totals 457,964,455.55 2,134,538.90 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
<s> <c> <c> <c> <c> <c>
CB-1 0.00 0.00 1,018,664.41 0.00 219,483,977.96
CB-R 0.00 0.00 0.00 0.00 0.00
CB-WIO 0.00 0.00 68,910.50 0.00 205,187,594.81
NC-1 0.00 0.00 139,179.19 0.00 30,331,069.44
NC-2 0.00 0.00 12,705.00 0.00 2,772,000.00
NC-3 0.00 0.00 4,406.53 0.00 961,425.00
NC-WIO 0.00 0.00 12,174.50 0.00 35,104,685.20
2-A-1 0.00 0.00 747,950.78 0.00 178,019,567.12
2-A-WIO 0.00 0.00 53,670.37 0.00 147,920,679.41
A-PO 0.00 0.00 0.00 0.00 1,898,615.39
1-B-1 0.00 0.00 26,788.27 0.00 5,838,663.94
1-B-2 0.00 0.00 12,455.40 0.00 2,714,729.22
1-B-3 0.00 0.00 6,232.28 0.00 1,358,362.67
1-B-4 0.00 0.00 6,227.70 0.00 1,357,364.61
1-B-5 0.00 0.00 4,363.97 0.00 951,153.29
1-B-6 0.00 0.00 4,983.91 0.00 1,086,273.94
2-B-1 0.00 0.00 6,947.73 0.00 1,661,160.96
2-B-2 0.00 0.00 2,699.36 0.00 645,400.25
2-B-3 0.00 0.00 2,703.51 0.00 646,393.18
2-B-4 0.00 0.00 1,544.86 0.00 369,367.53
2-B-5 0.00 0.00 772.43 0.00 184,683.76
2-B-6 0.00 0.00 1,158.20 0.00 276,918.41
1-SES 0.00 0.00 75,815.88 0.00 450,557,127.61
Totals 0.00 0.00 2,210,354.78 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
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
<s> <c> <c> <c> <c> <c> <c>
CB-1 224,006,000.00 5.50000% 992.17901422 4.54748717 0.00000000 0.00000000
CB-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
CB-WIO 0.00 0.39802% 993.20384356 0.32942861 0.00000000 0.00000000
NC-1 30,400,575.00 5.50000% 998.87478280 4.57817624 0.00000000 0.00000000
NC-2 2,772,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
NC-3 961,425.00 5.50000% 1000.00000000 4.58333203 0.00000000 0.00000000
NC-WIO 0.00 0.41574% 999.00372120 0.34610268 0.00000000 0.00000000
2-A-1 180,719,000.00 5.00000% 993.30003005 4.13875010 0.00000000 0.00000000
2-A-WIO 0.00 0.43145% 993.17047593 0.35708277 0.00000000 0.00000000
A-PO 1,962,080.55 0.00000% 975.79201323 0.00000000 0.00000000 0.00000000
1-B-1 5,850,000.00 5.50000% 999.09646325 4.57919145 0.00000000 0.00000000
1-B-2 2,720,000.00 5.50000% 999.09646324 4.57919118 0.00000000 0.00000000
1-B-3 1,361,000.00 5.50000% 999.09646583 4.57919177 0.00000000 0.00000000
1-B-4 1,360,000.00 5.50000% 999.09646324 4.57919118 0.00000000 0.00000000
1-B-5 953,000.00 5.50000% 999.09646380 4.57919203 0.00000000 0.00000000
1-B-6 1,088,383.00 5.50000% 999.09646696 4.57918766 0.00000000 0.00000000
2-B-1 1,673,000.00 5.00000% 996.68634190 4.15285714 0.00000000 0.00000000
2-B-2 650,000.00 5.00000% 996.68633846 4.15286154 0.00000000 0.00000000
2-B-3 651,000.00 5.00000% 996.68634409 4.15285714 0.00000000 0.00000000
2-B-4 372,000.00 5.00000% 996.68634409 4.15284946 0.00000000 0.00000000
2-B-5 186,000.00 5.00000% 996.68634409 4.15284946 0.00000000 0.00000000
2-B-6 278,892.00 5.00000% 996.68635171 4.15286204 0.00000000 0.00000000
1-SES 0.00 0.00000% 1583.39232174 0.00000000 0.00000000 0.00000000
<FN>
(5) Per $1 denomination.
</FN>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
CB-1 0.00000000 0.00000000 4.54748717 0.00000000 979.81294233
CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
CB-WIO 0.00000000 0.00000000 0.32942861 0.00000000 980.90514369
NC-1 0.00000000 0.00000000 4.57817624 0.00000000 997.71367614
NC-2 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
NC-3 0.00000000 0.00000000 4.58333203 0.00000000 1000.00000000
NC-WIO 0.00000000 0.00000000 0.34610268 0.00000000 997.97328159
2-A-1 0.00000000 0.00000000 4.13875010 0.00000000 985.06281642
2-A-WIO 0.00000000 0.00000000 0.35708277 0.00000000 984.15430629
A-PO 0.00000000 0.00000000 0.00000000 0.00000000 967.65415161
1-B-1 0.00000000 0.00000000 4.57919145 0.00000000 998.06221197
1-B-2 0.00000000 0.00000000 4.57919118 0.00000000 998.06221324
1-B-3 0.00000000 0.00000000 4.57919177 0.00000000 998.06221161
1-B-4 0.00000000 0.00000000 4.57919118 0.00000000 998.06221324
1-B-5 0.00000000 0.00000000 4.57919203 0.00000000 998.06221406
1-B-6 0.00000000 0.00000000 4.57918766 0.00000000 998.06220788
2-B-1 0.00000000 0.00000000 4.15285714 0.00000000 992.92346683
2-B-2 0.00000000 0.00000000 4.15286154 0.00000000 992.92346154
2-B-3 0.00000000 0.00000000 4.15285714 0.00000000 992.92347158
2-B-4 0.00000000 0.00000000 4.15284946 0.00000000 992.92346774
2-B-5 0.00000000 0.00000000 4.15284946 0.00000000 992.92344086
2-B-6 0.00000000 0.00000000 4.15286204 0.00000000 992.92346141
1-SES 0.00000000 0.00000000 0.16554970 0.00000000 983.82553866
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<s> <c> <c> <c> <c> <c> <c>
CB-PO 0.00000% 0.00 0.00 558,486.24 548,930.35 91.93278248%
NC-PO 0.00000% 0.00 0.00 9,517.88 9,507.58 99.78442757%
2-A-PO 0.00000% 0.00 0.00 1,346,578.42 1,340,177.45 98.87304814%
CB-SES 0.00000% 234,375,223.62 231,583,521.42 0.00 0.00 98.05534847%
NC-SES 0.00000% 35,866,962.33 35,829,936.71 0.00 0.00 99.79710127%
2-SES 0.00000% 184,653,031.36 183,143,669.48 0.00 0.00 98.52507172%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 6,513,235.03
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 56,816.94
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 0.00
Total Deposits 6,570,051.97
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 21,607.49
Payment of Interest and Principal 6,548,444.48
Total Withdrawals (Pool Distribution Amount) 6,570,051.97
Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<s> <c>
Total Prepayment/Curtailment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES
<s> <c>
Gross Servicing Fee 18,953.89
Wells Fargo Trustee Fee 2,653.60
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 21,607.49
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
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 62 0 0 0 62
8,275,805.74 0.00 0.00 0.00 8,275,805.74
60 Days 2 0 0 0 2
258,113.83 0.00 0.00 0.00 258,113.83
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 64 0 0 0 64
8,533,919.57 0.00 0.00 0.00 8,533,919.57
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 1.829988% 0.000000% 0.000000% 0.000000% 1.829988%
1.833494% 0.000000% 0.000000% 0.000000% 1.833494%
60 Days 0.059032% 0.000000% 0.000000% 0.000000% 0.059032%
0.057185% 0.000000% 0.000000% 0.000000% 0.057185%
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 1.889020% 0.000000% 0.000000% 0.000000% 1.889020%
1.890679% 0.000000% 0.000000% 0.000000% 1.890679%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 1CB 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 30 0 0 0 30
4,451,336.94 0.00 0.00 0.00 4,451,336.94
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 30 0 0 0 30
4,451,336.94 0.00 0.00 0.00 4,451,336.94
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.869159% 0.000000% 0.000000% 0.000000% 1.869159%
1.920456% 0.000000% 0.000000% 0.000000% 1.920456%
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 1.869159% 0.000000% 0.000000% 0.000000% 1.869159%
1.920456% 0.000000% 0.000000% 0.000000% 1.920456%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 1NC 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
1,036,584.62 0.00 0.00 0.00 1,036,584.62
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
1,036,584.62 0.00 0.00 0.00 1,036,584.62
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 2.439024% 0.000000% 0.000000% 0.000000% 2.439024%
2.890594% 0.000000% 0.000000% 0.000000% 2.890594%
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 2.439024% 0.000000% 0.000000% 0.000000% 2.439024%
2.890594% 0.000000% 0.000000% 0.000000% 2.890594%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 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 30 0 0 0 30
2,787,884.18 0.00 0.00 0.00 2,787,884.18
60 Days 2 0 0 0 2
258,113.83 0.00 0.00 0.00 258,113.83
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 32 0 0 0 32
3,045,998.01 0.00 0.00 0.00 3,045,998.01
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.763668% 0.000000% 0.000000% 0.000000% 1.763668%
1.517448% 0.000000% 0.000000% 0.000000% 1.517448%
60 Days 0.117578% 0.000000% 0.000000% 0.000000% 0.117578%
0.140492% 0.000000% 0.000000% 0.000000% 0.140492%
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 1.881246% 0.000000% 0.000000% 0.000000% 1.881246%
1.657939% 0.000000% 0.000000% 0.000000% 1.657939%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 56,816.94
COLLATERAL STATEMENT
Collateral Description Fixed 30 Year
Weighted Average Gross Coupon 5.887849%
Weighted Average Net Coupon 5.637849%
Weighted Average Pass-Through Rate 5.630850%
Weighted Average Maturity(Stepdown Calculation ) 354
Beginning Scheduled Collateral Loan Count 3,405
Number Of Loans Paid In Full 17
Ending Scheduled Collateral Loan Count 3,388
Beginning Scheduled Collateral Balance 454,895,217.31
Ending Scheduled Collateral Balance 450,557,127.61
Ending Actual Collateral Balance at 31-Jul-2003 451,367,944.35
Monthly P &I Constant 3,209,948.47
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Ending Scheduled Balance for Premium Loans 450,557,127.61
Scheduled Principal 977,986.32
Unscheduled Principal 3,360,103.38
Miscellaneous Reporting
SES Ancillary Income 0.00
SES Distributable Amount for Group CB 39062.54
SES Distributable Amount for Group NC 5977.83
SES Distributable Amount for Group 2 30775.51
Group Level Collateral Statement
Group Group 1CB Group 1NC Group 2
Collateral Description Fixed 30 Year Fixed 30 Year Fixed 15 Year
Weighted Average Coupon Rate 6.096715 6.162863 5.569324
Weighted Average Net Rate 5.846715 5.912863 5.319324
Weighted Average Maturity 354 358 175
Beginning Loan Count 1,618 82 1,705
Loans Paid In Full 13 0 4
Ending Loan Count 1,605 82 1,701
Beginning Scheduled Balance 234,375,223.62 35,866,962.33 184,653,031.36
Ending scheduled Balance 231,583,521.42 35,829,936.71 183,143,669.48
Record Date 07/31/2003 07/31/2003 07/31/2003
Principal And Interest Constant 1,436,262.20 219,241.49 1,554,444.78
Scheduled Principal 245,496.45 35,038.83 697,451.04
Unscheduled Principal 2,546,205.75 1,986.79 811,910.84
Scheduled Interest 1,190,765.75 184,202.66 856,993.74
Servicing Fees 48,828.16 7,472.29 38,469.39
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,367.22 209.24 1,077.14
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 1,140,570.37 176,521.13 817,447.21
Realized Loss Amount 0.00 0.00 0.00
Cumulative Realized Loss 0.00 0.00 0.00
Percentage of Cumulative Losses 0.00 0.00 0.00
Prepayment Penalties 0.00 0.00 0.00
Special Servicing Fee 0.00 0.00 0.00
Pass-Through Rate 5.839715 5.905863 5.312324
Group Level Collateral Statement
Group Total
Collateral Description Fixed 30 Year
Weighted Average Coupon Rate 5.887849
Weighted Average Net Rate 5.637849
Weighted Average Maturity 354
Beginning Loan Count 3,405
Loans Paid In Full 17
Ending Loan Count 3,388
Beginning Scheduled Balance 454,895,217.31
Ending scheduled Balance 450,557,127.61
Record Date 07/31/2003
Principal And Interest Constant 3,209,948.47
Scheduled Principal 977,986.32
Unscheduled Principal 3,360,103.38
Scheduled Interest 2,231,962.15
Servicing Fees 94,769.84
Master Servicing Fees 0.00
Trustee Fee 2,653.60
FRY Amount 0.00
Special Hazard Fee 0.00
Other Fee 0.00
Pool Insurance Fee 0.00
Spread Fee 1 0.00
Spread Fee 2 0.00
Spread Fee 3 0.00
Net Interest 2,134,538.71
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Percentage of Cumulative Losses 0.00
Prepayment Penalties 0.00
Special Servicing Fee 0.00
Pass-Through Rate 5.630850
Miscellaneous Reporting
Group Group 1CB
Group CB Senior Percentage 95.054809%
Group CB Senior Prepayment % 100.000000%
Group CB Subordinate Percentage 4.945191%
Group CB Subordinate Prepayment % 0.000000%
Group Group 1NC
Group NC Senior Percentage 95.098224%
Group NC Senior Prepayment % 100.000000%
Group NC Subordinate Percentage 4.901776%
Group NC Subordinate Prepayment % 0.000000%
Group Group 2
Group 2 Senior Percentage 97.927915%
Group 2 Senior Prepayment % 100.000000%
Group 2 Subordinate Percentage 2.072085%
Group 2 Subordinate Prepayment % 0.000000%
Group