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): February 25, 2004
BANC OF AMERICA ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-6 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-05 54-2121750
Pooling and Servicing Agreement) (Commission IRS EIN
(State or other File Number)
jurisdiction
of Incorporation)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
ITEM 5. Other Events
On February 25, 2004 a distribution was made to holders of BANC OF AMERICA
ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-6
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 2003-6 Trust, relating to the
February 25, 2004 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 2003-6 Trust
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Assistant Vice President
By: Beth Belfield as Assistant Vice President
Date: 3/8/04
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2003-6 Trust,
relating to the February 25, 2004 distribution.
EX-99.1
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 1/31/04
Distribution Date: 2/25/04
BAA Series: 2003-6
Contact: Customer Service - CTSLink
Wells Fargo Bank, 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 05948KDH9 SEN 5.50000% 308,277,920.04 1,412,940.61 3,116,565.50
CB-WIO 05948KDK2 SEN 0.39335% 0.00 83,838.46 0.00
CB-R 05948KDJ5 SEN 5.50000% 0.00 0.00 0.00
NC-1 05948KDL0 SEN 5.00000% 38,136,429.20 158,901.80 49,392.81
NC-2 05948KDM8 SEN 8.00000% 7,627,285.84 50,848.58 9,878.56
NC-3 05948KDN6 SEN 5.50000% 2,000,000.00 9,166.67 0.00
NC-4 05948KDP1 SEN 5.50000% 2,000,000.00 9,166.67 0.00
NC-5 05948KDQ9 SEN 5.50000% 2,000,000.00 9,166.67 0.00
NC-WIO 05948KDR7 SEN 0.32552% 0.00 13,465.03 0.00
2-A-1 05948KDZ9 SEN 4.75000% 95,245,950.12 377,015.34 1,174,104.54
2-A-WIO 05948KEA3 SEN 0.55871% 0.00 38,438.35 0.00
A-PO 05948KDS5 STP 0.00000% 2,153,553.51 0.00 68,626.91
1-B-1 05948KDT3 SUB 5.50000% 8,556,935.79 39,219.29 8,969.92
1-B-2 05948KDU0 SUB 5.50000% 3,980,316.82 18,243.12 4,172.42
1-B-3 05948KDV8 SUB 5.50000% 1,988,667.66 9,114.73 2,084.65
1-B-4 05948KEB1 SUB 5.50000% 1,990,655.33 9,123.84 2,086.73
1-B-5 05948KEC9 SUB 5.50000% 1,392,365.51 6,381.68 1,459.57
1-B-6 05948KED7 SUB 5.50000% 1,593,305.42 7,302.65 1,670.20
2-B-1 05948KDW6 SUB 4.75000% 1,110,792.81 4,396.89 4,428.68
2-B-2 05948KDX4 SUB 4.75000% 353,656.11 1,399.89 1,410.01
2-B-3 05948KDY2 SUB 4.75000% 353,656.11 1,399.89 1,410.01
2-B-4 05948KEE5 SUB 4.75000% 201,251.82 796.62 802.38
2-B-5 05948KEF2 SUB 4.75000% 101,602.86 402.18 405.09
2-B-6 05948KEG0 SUB 4.75000% 151,679.39 600.40 604.74
SES 05948KEH8 SEN 0.00000% 0.00 84,192.35 0.00
Totals 479,216,024.34 2,345,521.71 4,448,072.72
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
CB-1 0.00 305,161,354.54 4,529,506.11 0.00
CB-WIO 0.00 0.00 83,838.46 0.00
CB-R 0.00 0.00 0.00 0.00
NC-1 0.00 38,087,036.39 208,294.61 0.00
NC-2 0.00 7,617,407.28 60,727.14 0.00
NC-3 0.00 2,000,000.00 9,166.67 0.00
NC-4 0.00 2,000,000.00 9,166.67 0.00
NC-5 0.00 2,000,000.00 9,166.67 0.00
NC-WIO 0.00 0.00 13,465.03 0.00
2-A-1 0.00 94,071,845.58 1,551,119.88 0.00
2-A-WIO 0.00 0.00 38,438.35 0.00
A-PO 0.00 2,084,926.60 68,626.91 0.00
1-B-1 0.00 8,547,965.87 48,189.21 0.00
1-B-2 0.00 3,976,144.40 22,415.54 0.00
1-B-3 0.00 1,986,583.01 11,199.38 0.00
1-B-4 0.00 1,988,568.60 11,210.57 0.00
1-B-5 0.00 1,390,905.94 7,841.25 0.00
1-B-6 0.00 1,591,635.22 8,972.85 0.00
2-B-1 0.00 1,106,364.13 8,825.57 0.00
2-B-2 0.00 352,246.10 2,809.90 0.00
2-B-3 0.00 352,246.10 2,809.90 0.00
2-B-4 0.00 200,449.44 1,599.00 0.00
2-B-5 0.00 101,197.77 807.27 0.00
2-B-6 0.00 151,074.65 1,205.14 0.00
SES 0.00 0.00 84,192.35 0.00
Totals 0.00 474,767,951.62 6,793,594.43 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-1 323,459,000.00 308,277,920.04 323,297.02 2,793,268.48 0.00 0.00
CB-WIO 0.00 0.00 0.00 0.00 0.00 0.00
CB-R 100.00 0.00 0.00 0.00 0.00 0.00
NC-1 41,307,500.00 38,136,429.20 45,103.28 4,289.52 0.00 0.00
NC-2 8,261,500.00 7,627,285.84 9,020.66 857.90 0.00 0.00
NC-3 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
NC-4 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
NC-5 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
NC-WIO 0.00 0.00 0.00 0.00 0.00 0.00
2-A-1 100,612,000.00 95,245,950.12 379,740.90 794,363.65 0.00 0.00
2-A-WIO 0.00 0.00 0.00 0.00 0.00 0.00
A-PO 2,211,773.59 2,153,553.51 3,864.15 64,762.76 0.00 0.00
1-B-1 8,610,000.00 8,556,935.79 8,969.92 0.00 0.00 0.00
1-B-2 4,005,000.00 3,980,316.82 4,172.42 0.00 0.00 0.00
1-B-3 2,001,000.00 1,988,667.66 2,084.65 0.00 0.00 0.00
1-B-4 2,003,000.00 1,990,655.33 2,086.73 0.00 0.00 0.00
1-B-5 1,401,000.00 1,392,365.51 1,459.57 0.00 0.00 0.00
1-B-6 1,603,186.00 1,593,305.42 1,670.20 0.00 0.00 0.00
2-B-1 1,137,000.00 1,110,792.81 4,428.68 0.00 0.00 0.00
2-B-2 362,000.00 353,656.11 1,410.01 0.00 0.00 0.00
2-B-3 362,000.00 353,656.11 1,410.01 0.00 0.00 0.00
2-B-4 206,000.00 201,251.82 802.38 0.00 0.00 0.00
2-B-5 104,000.00 101,602.86 405.09 0.00 0.00 0.00
2-B-6 155,258.00 151,679.39 604.74 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 503,801,317.59 479,216,024.34 790,530.41 3,657,542.31 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 3,116,565.50 305,161,354.54 0.94343133 3,116,565.50
CB-WIO 0.00 0.00 0.00000000 0.00
CB-R 0.00 0.00 0.00000000 0.00
NC-1 49,392.81 38,087,036.39 0.92203683 49,392.81
NC-2 9,878.56 7,617,407.28 0.92203683 9,878.56
NC-3 0.00 2,000,000.00 1.00000000 0.00
NC-4 0.00 2,000,000.00 1.00000000 0.00
NC-5 0.00 2,000,000.00 1.00000000 0.00
NC-WIO 0.00 0.00 0.00000000 0.00
2-A-1 1,174,104.54 94,071,845.58 0.93499628 1,174,104.54
2-A-WIO 0.00 0.00 0.00000000 0.00
A-PO 68,626.91 2,084,926.60 0.94264920 68,626.91
1-B-1 8,969.92 8,547,965.87 0.99279511 8,969.92
1-B-2 4,172.42 3,976,144.40 0.99279511 4,172.42
1-B-3 2,084.65 1,986,583.01 0.99279511 2,084.65
1-B-4 2,086.73 1,988,568.60 0.99279511 2,086.73
1-B-5 1,459.57 1,390,905.94 0.99279510 1,459.57
1-B-6 1,670.20 1,591,635.22 0.99279511 1,670.20
2-B-1 4,428.68 1,106,364.13 0.97305552 4,428.68
2-B-2 1,410.01 352,246.10 0.97305552 1,410.01
2-B-3 1,410.01 352,246.10 0.97305552 1,410.01
2-B-4 802.38 200,449.44 0.97305553 802.38
2-B-5 405.09 101,197.77 0.97305548 405.09
2-B-6 604.74 151,074.65 0.97305549 604.74
SES 0.00 0.00 0.00000000 0.00
Totals 4,448,072.72 474,767,951.62 0.94237140 4,448,072.72
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-1 323,459,000.00 953.06644749 0.99949923 8.63561836 0.00000000
CB-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
CB-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 41,307,500.00 923.23256551 1.09189082 0.10384361 0.00000000
NC-2 8,261,500.00 923.23256551 1.09189130 0.10384313 0.00000000
NC-3 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-4 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-5 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 100,612,000.00 946.66590586 3.77431022 7.89531716 0.00000000
2-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 2,211,773.59 973.67719722 1.74708208 29.28091749 0.00000000
1-B-1 8,610,000.00 993.83690941 1.04180256 0.00000000 0.00000000
1-B-2 4,005,000.00 993.83690886 1.04180275 0.00000000 0.00000000
1-B-3 2,001,000.00 993.83691154 1.04180410 0.00000000 0.00000000
1-B-4 2,003,000.00 993.83690964 1.04180230 0.00000000 0.00000000
1-B-5 1,401,000.00 993.83690935 1.04180585 0.00000000 0.00000000
1-B-6 1,603,186.00 993.83690975 1.04180051 0.00000000 0.00000000
2-B-1 1,137,000.00 976.95058047 3.89505717 0.00000000 0.00000000
2-B-2 362,000.00 976.95058011 3.89505525 0.00000000 0.00000000
2-B-3 362,000.00 976.95058011 3.89505525 0.00000000 0.00000000
2-B-4 206,000.00 976.95058252 3.89504854 0.00000000 0.00000000
2-B-5 104,000.00 976.95057692 3.89509615 0.00000000 0.00000000
2-B-6 155,258.00 976.95055971 3.89506499 0.00000000 0.00000000
SES 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All Classes are per $1,000 denomination.
</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 9.63511759 943.43132991 0.94343133 9.63511759
CB-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 0.00000000 1.19573467 922.03683084 0.92203683 1.19573467
NC-2 0.00000000 1.19573443 922.03683108 0.92203683 1.19573443
NC-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
NC-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
NC-5 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 11.66962728 934.99627858 0.93499628 11.66962728
2-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 0.00000000 31.02799957 942.64919765 0.94264920 31.02799957
1-B-1 0.00000000 1.04180256 992.79510685 0.99279511 1.04180256
1-B-2 0.00000000 1.04180275 992.79510612 0.99279511 1.04180275
1-B-3 0.00000000 1.04180410 992.79510745 0.99279511 1.04180410
1-B-4 0.00000000 1.04180230 992.79510734 0.99279511 1.04180230
1-B-5 0.00000000 1.04180585 992.79510350 0.99279510 1.04180585
1-B-6 0.00000000 1.04180051 992.79510924 0.99279511 1.04180051
2-B-1 0.00000000 3.89505717 973.05552331 0.97305552 3.89505717
2-B-2 0.00000000 3.89505525 973.05552486 0.97305552 3.89505525
2-B-3 0.00000000 3.89505525 973.05552486 0.97305552 3.89505525
2-B-4 0.00000000 3.89504854 973.05553398 0.97305553 3.89504854
2-B-5 0.00000000 3.89509615 973.05548077 0.97305548 3.89509615
2-B-6 0.00000000 3.89506499 973.05549472 0.97305549 3.89506499
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-1 323,459,000.00 5.50000% 308,277,920.04 1,412,940.61 0.00 0.00
CB-WIO 0.00 0.39335% 255,767,355.14 83,838.46 0.00 0.00
CB-R 100.00 5.50000% 0.00 0.00 0.00 0.00
NC-1 41,307,500.00 5.00000% 38,136,429.20 158,901.80 0.00 0.00
NC-2 8,261,500.00 8.00000% 7,627,285.84 50,848.57 0.00 0.00
NC-3 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
NC-4 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
NC-5 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
NC-WIO 0.00 0.32552% 49,637,392.34 13,465.03 0.00 0.00
2-A-1 100,612,000.00 4.75000% 95,245,950.12 377,015.34 0.00 0.00
2-A-WIO 0.00 0.55871% 82,558,816.88 38,438.35 0.00 0.00
A-PO 2,211,773.59 0.00000% 2,153,553.51 0.00 0.00 0.00
1-B-1 8,610,000.00 5.50000% 8,556,935.79 39,219.29 0.00 0.00
1-B-2 4,005,000.00 5.50000% 3,980,316.82 18,243.12 0.00 0.00
1-B-3 2,001,000.00 5.50000% 1,988,667.66 9,114.73 0.00 0.00
1-B-4 2,003,000.00 5.50000% 1,990,655.33 9,123.84 0.00 0.00
1-B-5 1,401,000.00 5.50000% 1,392,365.51 6,381.68 0.00 0.00
1-B-6 1,603,186.00 5.50000% 1,593,305.42 7,302.65 0.00 0.00
2-B-1 1,137,000.00 4.75000% 1,110,792.81 4,396.89 0.00 0.00
2-B-2 362,000.00 4.75000% 353,656.11 1,399.89 0.00 0.00
2-B-3 362,000.00 4.75000% 353,656.11 1,399.89 0.00 0.00
2-B-4 206,000.00 4.75000% 201,251.82 796.62 0.00 0.00
2-B-5 104,000.00 4.75000% 101,602.86 402.18 0.00 0.00
2-B-6 155,258.00 4.75000% 151,679.39 600.40 0.00 0.00
SES 0.00 0.00000% 479,216,024.92 0.00 0.00 0.00
Totals 503,801,317.59 2,261,329.35 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 (0.01) 0.00 1,412,940.61 0.00 305,161,354.54
CB-WIO 0.00 0.00 83,838.46 0.00 253,905,921.31
CB-R 0.00 0.00 0.00 0.00 0.00
NC-1 (0.01) 0.00 158,901.80 0.00 38,087,036.39
NC-2 (0.01) 0.00 50,848.58 0.00 7,617,407.28
NC-3 0.00 0.00 9,166.67 0.00 2,000,000.00
NC-4 0.00 0.00 9,166.67 0.00 2,000,000.00
NC-5 0.00 0.00 9,166.67 0.00 2,000,000.00
NC-WIO 0.00 0.00 13,465.03 0.00 49,582,038.21
2-A-1 0.00 0.00 377,015.34 0.00 94,071,845.58
2-A-WIO 0.00 0.00 38,438.35 0.00 81,630,810.24
A-PO 0.00 0.00 0.00 0.00 2,084,926.60
1-B-1 0.00 0.00 39,219.29 0.00 8,547,965.87
1-B-2 0.00 0.00 18,243.12 0.00 3,976,144.40
1-B-3 0.00 0.00 9,114.73 0.00 1,986,583.01
1-B-4 0.00 0.00 9,123.84 0.00 1,988,568.60
1-B-5 0.00 0.00 6,381.68 0.00 1,390,905.94
1-B-6 0.00 0.00 7,302.65 0.00 1,591,635.22
2-B-1 0.00 0.00 4,396.89 0.00 1,106,364.13
2-B-2 0.00 0.00 1,399.89 0.00 352,246.10
2-B-3 0.00 0.00 1,399.89 0.00 352,246.10
2-B-4 0.00 0.00 796.62 0.00 200,449.44
2-B-5 0.00 0.00 402.18 0.00 101,197.77
2-B-6 0.00 0.00 600.40 0.00 151,074.65
SES 0.00 0.00 84,192.35 0.00 474,767,952.22
Totals (0.03) 0.00 2,345,521.71 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-1 323,459,000.00 5.50000% 953.06644749 4.36822166 0.00000000 0.00000000
CB-WIO 0.00 0.39335% 951.28014014 0.31182190 0.00000000 0.00000000
CB-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 41,307,500.00 5.00000% 923.23256551 3.84680264 0.00000000 0.00000000
NC-2 8,261,500.00 8.00000% 923.23256551 6.15488350 0.00000000 0.00000000
NC-3 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
NC-4 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
NC-5 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
NC-WIO 0.00 0.32552% 929.08415734 0.25203069 0.00000000 0.00000000
2-A-1 100,612,000.00 4.75000% 946.66590586 3.74722041 0.00000000 0.00000000
2-A-WIO 0.00 0.55871% 946.45844619 0.44065919 0.00000000 0.00000000
A-PO 2,211,773.59 0.00000% 973.67719722 0.00000000 0.00000000 0.00000000
1-B-1 8,610,000.00 5.50000% 993.83690941 4.55508595 0.00000000 0.00000000
1-B-2 4,005,000.00 5.50000% 993.83690886 4.55508614 0.00000000 0.00000000
1-B-3 2,001,000.00 5.50000% 993.83691154 4.55508746 0.00000000 0.00000000
1-B-4 2,003,000.00 5.50000% 993.83690964 4.55508737 0.00000000 0.00000000
1-B-5 1,401,000.00 5.50000% 993.83690935 4.55508922 0.00000000 0.00000000
1-B-6 1,603,186.00 5.50000% 993.83690975 4.55508594 0.00000000 0.00000000
2-B-1 1,137,000.00 4.75000% 976.95058047 3.86709763 0.00000000 0.00000000
2-B-2 362,000.00 4.75000% 976.95058011 3.86709945 0.00000000 0.00000000
2-B-3 362,000.00 4.75000% 976.95058011 3.86709945 0.00000000 0.00000000
2-B-4 206,000.00 4.75000% 976.95058252 3.86708738 0.00000000 0.00000000
2-B-5 104,000.00 4.75000% 976.95057692 3.86711538 0.00000000 0.00000000
2-B-6 155,258.00 4.75000% 976.95055971 3.86711152 0.00000000 0.00000000
SES 0.00 0.00000% 951.20041897 0.00000000 0.00000000 0.00000000
<FN>
(5) All Classes are per $1,000 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 (0.00000003) 0.00000000 4.36822166 0.00000000 943.43132991
CB-WIO 0.00000000 0.00000000 0.31182190 0.00000000 944.35687570
CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 (0.00000024) 0.00000000 3.84680264 0.00000000 922.03683084
NC-2 (0.00000121) 0.00000000 6.15488471 0.00000000 922.03683108
NC-3 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
NC-4 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
NC-5 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
NC-WIO 0.00000000 0.00000000 0.25203069 0.00000000 928.04807058
2-A-1 0.00000000 0.00000000 3.74722041 0.00000000 934.99627858
2-A-WIO 0.00000000 0.00000000 0.44065919 0.00000000 935.81973120
A-PO 0.00000000 0.00000000 0.00000000 0.00000000 942.64919765
1-B-1 0.00000000 0.00000000 4.55508595 0.00000000 992.79510685
1-B-2 0.00000000 0.00000000 4.55508614 0.00000000 992.79510612
1-B-3 0.00000000 0.00000000 4.55508746 0.00000000 992.79510745
1-B-4 0.00000000 0.00000000 4.55508737 0.00000000 992.79510734
1-B-5 0.00000000 0.00000000 4.55508922 0.00000000 992.79510350
1-B-6 0.00000000 0.00000000 4.55508594 0.00000000 992.79510924
2-B-1 0.00000000 0.00000000 3.86709763 0.00000000 973.05552331
2-B-2 0.00000000 0.00000000 3.86709945 0.00000000 973.05552486
2-B-3 0.00000000 0.00000000 3.86709945 0.00000000 973.05552486
2-B-4 0.00000000 0.00000000 3.86708738 0.00000000 973.05553398
2-B-5 0.00000000 0.00000000 3.86711538 0.00000000 973.05548077
2-B-6 0.00000000 0.00000000 3.86711152 0.00000000 973.05549472
SES 0.00000000 0.00000000 0.16711419 0.00000000 942.37139741
<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 1,688,412.40 1,629,631.52 94.02898310%
NC-PO 0.00000% 0.00 0.00 57,733.24 57,599.83 99.01772749%
2-A-PO 0.00000% 0.00 0.00 407,407.86 397,695.26 94.57986467%
CB-SES 0.00000% 326,619,195.05 323,426,384.49 0.00 0.00 94.58337079%
NC-SES 0.00000% 54,670,832.48 54,608,448.39 0.00 0.00 93.35717656%
2-SES 0.00000% 97,925,997.39 96,733,119.34 0.00 0.00 93.58968109%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 6,796,160.75
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 19,198.08
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 0.00
Total Deposits 6,815,358.83
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 21,764.40
Payment of Interest and Principal 6,793,594.43
Total Withdrawals (Pool Distribution Amount) 6,815,358.83
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 19,967.33
Trustee Fee 1,797.07
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 21,764.40
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 1 0 0 1
357,282.36 0.00 0.00 357,282.36
30 Days 20 0 0 0 20
2,389,195.89 0.00 0.00 0.00 2,389,195.89
60 Days 3 0 0 0 3
619,125.21 0.00 0.00 0.00 619,125.21
90 Days 0 0 1 0 1
0.00 0.00 76,790.02 0.00 76,790.02
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 23 1 1 0 25
3,008,321.10 357,282.36 76,790.02 0.00 3,442,393.48
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 0.029257% 0.000000% 0.000000% 0.029257%
0.075151% 0.000000% 0.000000% 0.075151%
30 Days 0.585138% 0.000000% 0.000000% 0.000000% 0.585138%
0.502544% 0.000000% 0.000000% 0.000000% 0.502544%
60 Days 0.087771% 0.000000% 0.000000% 0.000000% 0.087771%
0.130227% 0.000000% 0.000000% 0.000000% 0.130227%
90 Days 0.000000% 0.000000% 0.029257% 0.000000% 0.029257%
0.000000% 0.000000% 0.016152% 0.000000% 0.016152%
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 0.672908% 0.029257% 0.029257% 0.000000% 0.731422%
0.632771% 0.075151% 0.016152% 0.000000% 0.724073%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 1 CB 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 15 0 0 0 15
2,033,559.33 0.00 0.00 0.00 2,033,559.33
60 Days 2 0 0 0 2
296,754.16 0.00 0.00 0.00 296,754.16
90 Days 0 0 1 0 1
0.00 0.00 76,790.02 0.00 76,790.02
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 17 0 1 0 18
2,330,313.49 0.00 76,790.02 0.00 2,407,103.51
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.637213% 0.000000% 0.000000% 0.000000% 0.637213%
0.628191% 0.000000% 0.000000% 0.000000% 0.628191%
60 Days 0.084962% 0.000000% 0.000000% 0.000000% 0.084962%
0.091671% 0.000000% 0.000000% 0.000000% 0.091671%
90 Days 0.000000% 0.000000% 0.042481% 0.000000% 0.042481%
0.000000% 0.000000% 0.023721% 0.000000% 0.023721%
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 0.722175% 0.000000% 0.042481% 0.000000% 0.764656%
0.719862% 0.000000% 0.023721% 0.000000% 0.743583%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 1-NC No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 1 0 0 1
357,282.36 0.00 0.00 357,282.36
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 1 0 0 0 1
322,371.05 0.00 0.00 0.00 322,371.05
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 1 1 0 0 2
322,371.05 357,282.36 0.00 0.00 679,653.41
0-29 Days 0.847458% 0.000000% 0.000000% 0.847458%
0.653655% 0.000000% 0.000000% 0.653655%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.847458% 0.000000% 0.000000% 0.000000% 0.847458%
0.589784% 0.000000% 0.000000% 0.000000% 0.589784%
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 0.847458% 0.847458% 0.000000% 0.000000% 1.694915%
0.589784% 0.653655% 0.000000% 0.000000% 1.243438%
<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 5 0 0 0 5
355,636.56 0.00 0.00 0.00 355,636.56
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 5 0 0 0 5
355,636.56 0.00 0.00 0.00 355,636.56
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.528541% 0.000000% 0.000000% 0.000000% 0.528541%
0.366468% 0.000000% 0.000000% 0.000000% 0.366468%
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 0.528541% 0.000000% 0.000000% 0.000000% 0.528541%
0.366468% 0.000000% 0.000000% 0.000000% 0.366468%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 19,198.08
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 5.917072%
Weighted Average Net Coupon 5.667071%
Weighted Average Pass-Through Rate 5.662571%
Weighted Average Maturity(Stepdown Calculation ) 351
Beginning Scheduled Collateral Loan Count 3,440
Number Of Loans Paid In Full 22
Ending Scheduled Collateral Loan Count 3,418
Beginning Scheduled Collateral Balance 479,216,024.92
Ending Scheduled Collateral Balance 474,767,952.22
Ending Actual Collateral Balance at 31-Jan-2004 475,420,448.81
Monthly P &I Constant 3,153,493.51
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 474,767,952.22
Scheduled Principal 790,530.39
Unscheduled Principal 3,657,542.31
Group Level Collateral Statement
Group Group 1 CB Group 1-NC Group 2
Collateral Description Fixed 30 Year Fixed 30 Year Fixed 30 Year
Weighted Average Coupon Rate 6.034092 6.044243 5.455769
Weighted Average Net Rate 5.784092 5.794243 5.205769
Weighted Average Maturity 350 353 169
Beginning Loan Count 2,371 118 951
Loans Paid In Full 17 0 5
Ending Loan Count 2,354 118 946
Beginning Scheduled Balance 326,619,195.05 54,670,832.48 97,925,997.39
Ending scheduled Balance 323,426,384.49 54,608,448.39 96,733,119.34
Record Date 01/31/2004 01/31/2004 01/31/2004
Principal And Interest Constant 1,985,162.29 332,547.20 835,784.02
Scheduled Principal 342,787.03 57,177.35 390,566.01
Unscheduled Principal 2,850,023.53 5,206.74 802,312.04
Scheduled Interest 1,642,375.26 275,369.85 445,218.01
Servicing Fees 68,045.66 11,389.76 20,401.26
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,224.82 205.00 367.25
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 1,573,104.78 263,775.09 424,449.50
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 5.779592 5.789743 5.201269
Group Level Collateral Statement
Group Total
Collateral Description Fixed
Weighted Average Coupon Rate 5.917072
Weighted Average Net Rate 5.667071
Weighted Average Maturity 351
Beginning Loan Count 3,440
Loans Paid In Full 22
Ending Loan Count 3,418
Beginning Scheduled Balance 479,216,024.92
Ending scheduled Balance 474,767,952.22
Record Date 01/31/2004
Principal And Interest Constant 3,153,493.51
Scheduled Principal 790,530.39
Unscheduled Principal 3,657,542.31
Scheduled Interest 2,362,963.12
Servicing Fees 99,836.68
Master Servicing Fees 0.00
Trustee Fee 1,797.07
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 2,261,329.37
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 5.662571
Miscellaneous Reporting
Group Group 1 CB
CPR 9.436457%
Group CB Subordinate Percentage 5.125049%
Group CB Subordinate Prepayment % 0.000000%
Group CB Senior Prepayment % 100.000000%
Group CB Senior Percentage 94.874951%
Group Group 1-NC
Group NC Subordinate Percentage 5.217401%
Group NC Subordinate Prepayment % 0.000000%
Group NC Senior Prepayment % 100.000000%
Group NC Senior Percentage 94.782599%
Group Group 2
Group 2 Subordinate Percentage 2.330468%
Group 2 Subordinate Prepayment % 0.000000%
Group 2 Senior Prepayment % 100.000000%
Group 2 Senior Percentage 97.669532%
Group