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): November 25, 2003
BANC OF AMERICA ALTERNATIVE 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 November 25, 2003 a distribution was made to holders of BANC OF AMERICA
ALTERNATIVE 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
November 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.
BANC OF AMERICA ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-5 Trust
By: Wells Fargo Bank Minnesota, N.A. as Master Servicer
By: /s/ Beth Belfield as Assistant Vice President
By: Beth Belfield as Assistant Vice President
Date: 12/8/03
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 November 25, 2003 distribution.
EX-99.1
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 10/31/03
Distribution Date: 11/25/03
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% 215,891,207.92 989,501.37 1,207,176.91
CB-R 05948KCL1 SEN 5.50000% 0.00 0.00 0.00
CB-WIO 05948KCK3 SEN 0.39438% 0.00 66,321.46 0.00
NC-1 05948KCM9 SEN 5.50000% 29,923,640.36 137,150.02 431,328.10
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 0.41023% 0.00 11,860.76 0.00
2-A-1 05948KCR8 SEN 5.00000% 174,725,709.12 728,023.79 1,335,162.20
2-A-WIO 05948KCS6 SEN 0.42956% 0.00 51,952.66 0.00
A-PO 05948KCT4 SEN 0.00000% 1,863,506.77 0.00 11,069.48
1-B-1 05948KCU1 SUB 5.50000% 5,826,416.51 26,704.41 6,199.93
1-B-2 05948KCV9 SUB 5.50000% 2,709,034.69 12,416.41 2,882.70
1-B-3 05948KCW7 SUB 5.50000% 1,355,513.31 6,212.77 1,442.41
1-B-4 05948KDB2 SUB 5.50000% 1,354,517.34 6,208.20 1,441.35
1-B-5 05948KDC0 SUB 5.50000% 949,158.11 4,350.31 1,010.01
1-B-6 05948KDD8 SUB 5.50000% 1,083,995.33 4,968.31 1,153.49
2-B-1 05948KCX5 SUB 5.00000% 1,648,455.56 6,868.56 6,408.39
2-B-2 05948KCY3 SUB 5.00000% 640,463.90 2,668.60 2,489.81
2-B-3 05948KCZ0 SUB 5.00000% 641,449.23 2,672.71 2,493.64
2-B-4 05948KDE6 SUB 5.00000% 366,542.42 1,527.26 1,424.94
2-B-5 05948KDF3 SUB 5.00000% 183,271.21 763.63 712.47
2-B-6 05948KDG1 SUB 5.00000% 274,800.40 1,145.00 1,068.29
1-SES 05948KDA4 SEN 0.00000% 0.00 77,108.66 0.00
Totals 443,171,107.18 2,155,536.42 3,013,464.12
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
CB-1 0.00 214,684,031.01 2,196,678.28 0.00
CB-R 0.00 0.00 0.00 0.00
CB-WIO 0.00 0.00 66,321.46 0.00
NC-1 0.00 29,492,312.27 568,478.12 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 11,860.76 0.00
2-A-1 0.00 173,390,546.93 2,063,185.99 0.00
2-A-WIO 0.00 0.00 51,952.66 0.00
A-PO 0.00 1,852,437.29 11,069.48 0.00
1-B-1 0.00 5,820,216.58 32,904.34 0.00
1-B-2 0.00 2,706,151.98 15,299.11 0.00
1-B-3 0.00 1,354,070.90 7,655.18 0.00
1-B-4 0.00 1,353,075.99 7,649.55 0.00
1-B-5 0.00 948,148.10 5,360.32 0.00
1-B-6 0.00 1,082,841.84 6,121.80 0.00
2-B-1 0.00 1,642,047.16 13,276.95 0.00
2-B-2 0.00 637,974.09 5,158.41 0.00
2-B-3 0.00 638,955.59 5,166.35 0.00
2-B-4 0.00 365,117.48 2,952.20 0.00
2-B-5 0.00 182,558.74 1,476.10 0.00
2-B-6 0.00 273,732.11 2,213.29 0.00
1-SES 0.00 0.00 77,108.66 0.00
Totals 0.00 440,157,643.06 5,169,000.54 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-1 224,006,000.00 215,891,207.92 231,923.07 975,253.84 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 29,923,640.36 33,567.46 397,760.64 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-1 180,719,000.00 174,725,709.12 679,248.31 655,913.88 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 1,863,506.77 6,763.51 4,305.97 0.00 0.00
1-B-1 5,850,000.00 5,826,416.51 6,199.93 0.00 0.00 0.00
1-B-2 2,720,000.00 2,709,034.69 2,882.70 0.00 0.00 0.00
1-B-3 1,361,000.00 1,355,513.31 1,442.41 0.00 0.00 0.00
1-B-4 1,360,000.00 1,354,517.34 1,441.35 0.00 0.00 0.00
1-B-5 953,000.00 949,158.11 1,010.01 0.00 0.00 0.00
1-B-6 1,088,383.00 1,083,995.33 1,153.49 0.00 0.00 0.00
2-B-1 1,673,000.00 1,648,455.56 6,408.39 0.00 0.00 0.00
2-B-2 650,000.00 640,463.90 2,489.81 0.00 0.00 0.00
2-B-3 651,000.00 641,449.23 2,493.64 0.00 0.00 0.00
2-B-4 372,000.00 366,542.42 1,424.94 0.00 0.00 0.00
2-B-5 186,000.00 183,271.21 712.47 0.00 0.00 0.00
2-B-6 278,892.00 274,800.40 1,068.29 0.00 0.00 0.00
1-SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 457,964,455.55 443,171,107.18 980,229.78 2,033,234.33 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 1,207,176.91 214,684,031.01 0.95838518 1,207,176.91
CB-R 0.00 0.00 0.00000000 0.00
CB-WIO 0.00 0.00 0.00000000 0.00
NC-1 431,328.10 29,492,312.27 0.97012350 431,328.10
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 1,335,162.20 173,390,546.93 0.95944835 1,335,162.20
2-A-WIO 0.00 0.00 0.00000000 0.00
A-PO 11,069.48 1,852,437.29 0.94411888 11,069.48
1-B-1 6,199.93 5,820,216.58 0.99490882 6,199.93
1-B-2 2,882.70 2,706,151.98 0.99490882 2,882.70
1-B-3 1,442.41 1,354,070.90 0.99490882 1,442.41
1-B-4 1,441.35 1,353,075.99 0.99490882 1,441.35
1-B-5 1,010.01 948,148.10 0.99490881 1,010.01
1-B-6 1,153.49 1,082,841.84 0.99490881 1,153.49
2-B-1 6,408.39 1,642,047.16 0.98149860 6,408.39
2-B-2 2,489.81 637,974.09 0.98149860 2,489.81
2-B-3 2,493.64 638,955.59 0.98149860 2,493.64
2-B-4 1,424.94 365,117.48 0.98149860 1,424.94
2-B-5 712.47 182,558.74 0.98149860 712.47
2-B-6 1,068.29 273,732.11 0.98149861 1,068.29
1-SES 0.00 0.00 0.00000000 0.00
Totals 3,013,464.12 440,157,643.06 0.96111748 3,013,464.12
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-1 224,006,000.00 963.77421998 1.03534312 4.35369517 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 30,400,575.00 984.31165726 1.10417188 13.08398410 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-1 180,719,000.00 966.83640967 3.75858825 3.62946829 0.00000000
2-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 1,962,080.55 949.76058450 3.44711128 2.19459390 0.00000000
1-B-1 5,850,000.00 995.96863419 1.05981709 0.00000000 0.00000000
1-B-2 2,720,000.00 995.96863603 1.05981618 0.00000000 0.00000000
1-B-3 1,361,000.00 995.96863336 1.05981631 0.00000000 0.00000000
1-B-4 1,360,000.00 995.96863235 1.05981618 0.00000000 0.00000000
1-B-5 953,000.00 995.96863589 1.05982162 0.00000000 0.00000000
1-B-6 1,088,383.00 995.96863420 1.05981993 0.00000000 0.00000000
2-B-1 1,673,000.00 985.32908548 3.83047818 0.00000000 0.00000000
2-B-2 650,000.00 985.32907692 3.83047692 0.00000000 0.00000000
2-B-3 651,000.00 985.32907834 3.83047619 0.00000000 0.00000000
2-B-4 372,000.00 985.32908602 3.83048387 0.00000000 0.00000000
2-B-5 186,000.00 985.32908602 3.83048387 0.00000000 0.00000000
2-B-6 278,892.00 985.32908796 3.83047918 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 5.38903828 958.38518169 0.95838518 5.38903828
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 14.18815598 970.12350161 0.97012350 14.18815598
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 7.38805660 959.44835313 0.95944835 7.38805660
2-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 0.00000000 5.64170518 944.11887932 0.94411888 5.64170518
1-B-1 0.00000000 1.05981709 994.90881709 0.99490882 1.05981709
1-B-2 0.00000000 1.05981618 994.90881618 0.99490882 1.05981618
1-B-3 0.00000000 1.05981631 994.90881705 0.99490882 1.05981631
1-B-4 0.00000000 1.05981618 994.90881618 0.99490882 1.05981618
1-B-5 0.00000000 1.05982162 994.90881427 0.99490881 1.05982162
1-B-6 0.00000000 1.05981993 994.90881427 0.99490881 1.05981993
2-B-1 0.00000000 3.83047818 981.49860132 0.98149860 3.83047818
2-B-2 0.00000000 3.83047692 981.49860000 0.98149860 3.83047692
2-B-3 0.00000000 3.83047619 981.49860215 0.98149860 3.83047619
2-B-4 0.00000000 3.83048387 981.49860215 0.98149860 3.83048387
2-B-5 0.00000000 3.83048387 981.49860215 0.98149860 3.83048387
2-B-6 0.00000000 3.83047918 981.49860878 0.98149861 3.83047918
1-SES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(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.
</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% 215,891,207.92 989,501.37 0.00 0.00
CB-R 100.00 5.50000% 0.00 0.00 0.00 0.00
CB-WIO 0.00 0.39438% 201,800,992.87 66,321.46 0.00 0.00
NC-1 30,400,575.00 5.50000% 29,923,640.36 137,150.02 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 0.41023% 34,695,341.62 11,860.76 0.00 0.00
2-A-1 180,719,000.00 5.00000% 174,725,709.12 728,023.79 0.00 0.00
2-A-WIO 0.00 0.42956% 145,133,305.63 51,952.66 0.00 0.00
A-PO 1,962,080.55 0.00000% 1,863,506.77 0.00 0.00 0.00
1-B-1 5,850,000.00 5.50000% 5,826,416.51 26,704.41 0.00 0.00
1-B-2 2,720,000.00 5.50000% 2,709,034.69 12,416.41 0.00 0.00
1-B-3 1,361,000.00 5.50000% 1,355,513.31 6,212.77 0.00 0.00
1-B-4 1,360,000.00 5.50000% 1,354,517.34 6,208.20 0.00 0.00
1-B-5 953,000.00 5.50000% 949,158.11 4,350.31 0.00 0.00
1-B-6 1,088,383.00 5.50000% 1,083,995.33 4,968.31 0.00 0.00
2-B-1 1,673,000.00 5.00000% 1,648,455.56 6,868.56 0.00 0.00
2-B-2 650,000.00 5.00000% 640,463.90 2,668.60 0.00 0.00
2-B-3 651,000.00 5.00000% 641,449.23 2,672.71 0.00 0.00
2-B-4 372,000.00 5.00000% 366,542.42 1,527.26 0.00 0.00
2-B-5 186,000.00 5.00000% 183,271.21 763.63 0.00 0.00
2-B-6 278,892.00 5.00000% 274,800.40 1,145.00 0.00 0.00
1-SES 0.00 0.00000% 443,171,108.12 0.00 0.00 0.00
Totals 457,964,455.55 2,078,427.76 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 0.00 989,501.37 0.00 214,684,031.01
CB-R 0.00 0.00 0.00 0.00 0.00
CB-WIO 0.00 0.00 66,321.46 0.00 200,628,875.22
NC-1 0.00 0.00 137,150.02 0.00 29,492,312.27
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 11,860.76 0.00 34,263,045.30
2-A-1 0.00 0.00 728,023.79 0.00 173,390,546.93
2-A-WIO 0.00 0.00 51,952.66 0.00 143,985,931.03
A-PO 0.00 0.00 0.00 0.00 1,852,437.29
1-B-1 0.00 0.00 26,704.41 0.00 5,820,216.58
1-B-2 0.00 0.00 12,416.41 0.00 2,706,151.98
1-B-3 0.00 0.00 6,212.77 0.00 1,354,070.90
1-B-4 0.00 0.00 6,208.20 0.00 1,353,075.99
1-B-5 0.00 0.00 4,350.31 0.00 948,148.10
1-B-6 0.00 0.00 4,968.31 0.00 1,082,841.84
2-B-1 0.00 0.00 6,868.56 0.00 1,642,047.16
2-B-2 0.00 0.00 2,668.60 0.00 637,974.09
2-B-3 0.00 0.00 2,672.71 0.00 638,955.59
2-B-4 0.00 0.00 1,527.26 0.00 365,117.48
2-B-5 0.00 0.00 763.63 0.00 182,558.74
2-B-6 0.00 0.00 1,145.00 0.00 273,732.11
1-SES 0.00 0.00 77,108.66 0.00 440,157,644.00
Totals 0.00 0.00 2,155,536.42 0.00
<FN>
(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.
</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% 963.77421998 4.41729851 0.00000000 0.00000000
CB-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
CB-WIO 0.00 0.39438% 964.71539661 0.31705163 0.00000000 0.00000000
NC-1 30,400,575.00 5.50000% 984.31165726 4.51142848 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 0.41023% 986.33626068 0.33718353 0.00000000 0.00000000
2-A-1 180,719,000.00 5.00000% 966.83640967 4.02848505 0.00000000 0.00000000
2-A-WIO 0.00 0.42956% 965.60919198 0.34565440 0.00000000 0.00000000
A-PO 1,962,080.55 0.00000% 949.76058450 0.00000000 0.00000000 0.00000000
1-B-1 5,850,000.00 5.50000% 995.96863419 4.56485641 0.00000000 0.00000000
1-B-2 2,720,000.00 5.50000% 995.96863603 4.56485662 0.00000000 0.00000000
1-B-3 1,361,000.00 5.50000% 995.96863336 4.56485672 0.00000000 0.00000000
1-B-4 1,360,000.00 5.50000% 995.96863235 4.56485294 0.00000000 0.00000000
1-B-5 953,000.00 5.50000% 995.96863589 4.56485834 0.00000000 0.00000000
1-B-6 1,088,383.00 5.50000% 995.96863420 4.56485447 0.00000000 0.00000000
2-B-1 1,673,000.00 5.00000% 985.32908548 4.10553497 0.00000000 0.00000000
2-B-2 650,000.00 5.00000% 985.32907692 4.10553846 0.00000000 0.00000000
2-B-3 651,000.00 5.00000% 985.32907834 4.10554531 0.00000000 0.00000000
2-B-4 372,000.00 5.00000% 985.32908602 4.10553763 0.00000000 0.00000000
2-B-5 186,000.00 5.00000% 985.32908602 4.10553763 0.00000000 0.00000000
2-B-6 278,892.00 5.00000% 985.32908796 4.10553189 0.00000000 0.00000000
1-SES 0.00 0.00000% 967.69760691 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 4.41729851 0.00000000 958.38518169
CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
CB-WIO 0.00000000 0.00000000 0.31705163 0.00000000 959.11205479
NC-1 0.00000000 0.00000000 4.51142848 0.00000000 970.12350161
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 0.33718353 0.00000000 974.04672797
2-A-1 0.00000000 0.00000000 4.02848505 0.00000000 959.44835313
2-A-WIO 0.00000000 0.00000000 0.34565440 0.00000000 957.97541381
A-PO 0.00000000 0.00000000 0.00000000 0.00000000 944.11887932
1-B-1 0.00000000 0.00000000 4.56485641 0.00000000 994.90881709
1-B-2 0.00000000 0.00000000 4.56485662 0.00000000 994.90881618
1-B-3 0.00000000 0.00000000 4.56485672 0.00000000 994.90881705
1-B-4 0.00000000 0.00000000 4.56485294 0.00000000 994.90881618
1-B-5 0.00000000 0.00000000 4.56485834 0.00000000 994.90881427
1-B-6 0.00000000 0.00000000 4.56485447 0.00000000 994.90881427
2-B-1 0.00000000 0.00000000 4.10553497 0.00000000 981.49860132
2-B-2 0.00000000 0.00000000 4.10553846 0.00000000 981.49860000
2-B-3 0.00000000 0.00000000 4.10554531 0.00000000 981.49860215
2-B-4 0.00000000 0.00000000 4.10553763 0.00000000 981.49860215
2-B-5 0.00000000 0.00000000 4.10553763 0.00000000 981.49860215
2-B-6 0.00000000 0.00000000 4.10553189 0.00000000 981.49860878
1-SES 0.00000000 0.00000000 0.16837259 0.00000000 961.11748026
<FN>
(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.
</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 0.00 534,623.87 532,841.02 89.23820224%
NC-PO 0.00000% 0.00 0.00 9,486.85 9,476.41 99.45729063%
2-A-PO 0.00000% 0.00 0.00 1,319,396.05 1,310,119.86 96.65551676%
CB-SES 0.00000% 227,951,995.18 226,730,653.33 0.00 0.00 96.00058365%
NC-SES 0.00000% 35,419,024.24 34,985,937.90 0.00 0.00 97.44631189%
2-SES 0.00000% 179,800,088.70 178,441,052.77 0.00 0.00 95.99522371%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 5,179,234.31
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 10,816.87
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 0.00
Total Deposits 5,190,051.18
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 21,050.64
Payment of Interest and Principal 5,169,000.54
Total Withdrawals (Pool Distribution Amount) 5,190,051.18
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 18,465.46
Wells Fargo Trustee Fee 2,585.18
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 21,050.64
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 9 0 0 0 9
1,365,177.45 0.00 0.00 0.00 1,365,177.45
60 Days 1 0 0 0 1
194,414.69 0.00 0.00 0.00 194,414.69
90 Days 0 1 0 0 1
0.00 358,190.05 0.00 0.00 358,190.05
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 10 1 0 0 11
1,559,592.14 358,190.05 0.00 0.00 1,917,782.19
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.270108% 0.000000% 0.000000% 0.000000% 0.270108%
0.309582% 0.000000% 0.000000% 0.000000% 0.309582%
60 Days 0.030012% 0.000000% 0.000000% 0.000000% 0.030012%
0.044087% 0.000000% 0.000000% 0.000000% 0.044087%
90 Days 0.000000% 0.030012% 0.000000% 0.000000% 0.030012%
0.000000% 0.081227% 0.000000% 0.000000% 0.081227%
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 0.300120% 0.030012% 0.000000% 0.000000% 0.330132%
0.353669% 0.081227% 0.000000% 0.000000% 0.434896%
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 5 0 0 0 5
674,843.49 0.00 0.00 0.00 674,843.49
60 Days 1 0 0 0 1
194,414.69 0.00 0.00 0.00 194,414.69
90 Days 0 1 0 0 1
0.00 358,190.05 0.00 0.00 358,190.05
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 6 1 0 0 7
869,258.18 358,190.05 0.00 0.00 1,227,448.23
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.317460% 0.000000% 0.000000% 0.000000% 0.317460%
0.297379% 0.000000% 0.000000% 0.000000% 0.297379%
60 Days 0.063492% 0.000000% 0.000000% 0.000000% 0.063492%
0.085672% 0.000000% 0.000000% 0.000000% 0.085672%
90 Days 0.000000% 0.063492% 0.000000% 0.000000% 0.063492%
0.000000% 0.157842% 0.000000% 0.000000% 0.157842%
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 0.380952% 0.063492% 0.000000% 0.000000% 0.444444%
0.383051% 0.157842% 0.000000% 0.000000% 0.540892%
<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 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%
<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 4 0 0 0 4
690,333.96 0.00 0.00 0.00 690,333.96
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 4 0 0 0 4
690,333.96 0.00 0.00 0.00 690,333.96
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.238521% 0.000000% 0.000000% 0.000000% 0.238521%
0.385601% 0.000000% 0.000000% 0.000000% 0.385601%
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 0.238521% 0.000000% 0.000000% 0.000000% 0.238521%
0.385601% 0.000000% 0.000000% 0.000000% 0.385601%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 10,816.87
COLLATERAL STATEMENT
Collateral Description Fixed 30 Year
Weighted Average Gross Coupon 5.884896%
Weighted Average Pass-Through Rate 5.627896%
Weighted Average Maturity(Stepdown Calculation ) 351
Beginning Scheduled Collateral Loan Count 3,347
Number Of Loans Paid In Full 15
Ending Scheduled Collateral Loan Count 3,332
Beginning Scheduled Collateral Balance 443,171,108.12
Ending Scheduled Collateral Balance 440,157,644.00
Ending Actual Collateral Balance at 31-Oct-2003 440,974,984.84
Monthly P &I Constant 3,153,576.52
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Class A Non-PO Optimal Amount 4,964,519.31
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 440,157,644.00
Scheduled Principal 980,229.79
Unscheduled Principal 2,033,234.33
Miscellaneous Reporting
SES Ancillary Income 3246.81
SES Distributable Amount for Group CB 39850.13
SES Distributable Amount for Group NC 6440.52
SES Distributable Amount for Group 2 30818.01
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 6.093241 6.157371 5.567081
Weighted Average Net Rate 5.843241 5.907371 5.317080
Weighted Average Maturity 351 355 172
Beginning Loan Count 1,583 81 1,683
Loans Paid In Full 8 1 6
Ending Loan Count 1,575 80 1,677
Beginning Scheduled Balance 227,951,995.18 35,419,024.24 179,800,088.70
Ending scheduled Balance 226,730,653.33 34,985,937.90 178,441,052.77
Record Date 10/31/2003 10/31/2003 10/31/2003
Principal And Interest Constant 1,403,090.41 217,065.76 1,533,420.35
Scheduled Principal 245,618.40 35,325.70 699,285.69
Unscheduled Principal 975,723.45 397,760.64 659,750.24
Scheduled Interest 1,157,472.01 181,740.06 834,134.66
Servicing Fees 47,489.97 7,378.96 37,458.38
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,329.73 206.62 1,048.83
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 1,108,652.31 174,154.48 795,627.45
Realized Loss Amount 0.00 0.00 0.00
Cumulative Realized Loss 0.00 0.00 0.00
Percentage of Cumulative Losses 0.0000 0.0000 0.0000
Prepayment Penalties 0.00 0.00 0.00
Special Servicing Fee 0.00 0.00 0.00
Pass-Through Rate 5.836241 5.900371 5.310081
Group Level Collateral Statement
Group Total
Collateral Description Fixed 30 Year
Weighted Average Coupon Rate 5.884896
Weighted Average Net Rate 5.634896
Weighted Average Maturity 351
Beginning Loan Count 3,347
Loans Paid In Full 15
Ending Loan Count 3,332
Beginning Scheduled Balance 443,171,108.12
Ending scheduled Balance 440,157,644.00
Record Date 10/31/2003
Principal And Interest Constant 3,153,576.52
Scheduled Principal 980,229.79
Unscheduled Principal 2,033,234.33
Scheduled Interest 2,173,346.73
Servicing Fees 92,327.31
Master Servicing Fees 0.00
Trustee Fee 2,585.18
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 2,078,434.24
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Percentage of Cumulative Losses 0.0000
Prepayment Penalties 0.00
Special Servicing Fee 0.00
Pass-Through Rate 5.627896
Miscellaneous Reporting
Group Group 1CB
CPR 4.331949%
Group CB Subordinate Percentage 5.068286%
Group CB Subordinate Prepayment % 0.000000%
Group CB Senior Prepayment % 100.000000%
Group CB Senior Percentage 94.931714%
Group Group 1NC
Group NC Subordinate Percentage 4.949153%
Group NC Subordinate Prepayment % 0.000000%
Group NC Senior Prepayment % 100.000000%
Group NC Senior Percentage 95.050847%
Group Group 2
Group 2 Subordinate Percentage 2.103860%
Group 2 Subordinate Prepayment % 0.000000%
Group 2 Senior Prepayment % 100.000000%
Group 2 Senior Percentage 97.896140%
Group