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 MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2003-9 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-16 54-2135808
Pooling and Servicing Agreement) (Commission 54-2135809
(State or other File Number) 54-2135810
jurisdiction IRS EIN
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
MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2003-9
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 2003-9 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 MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2003-9 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: 3/10/2004
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2003-9 Trust,
relating to the February 25, 2004 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 1/31/2004
Distribution Date: 2/25/2004
BAM Series: 2003-9
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>
1-A-1 05948XZV6 SEN 5.00000% 48,122,541.98 200,510.58 1,587,751.85
1-A-2 05948XZW4 SEN 0.00000% 363,070.00 0.00 0.00
1-A-3 05948XZX2 SEN 5.50000% 24,961,000.00 114,404.58 0.00
1-A-4 05948XZY0 SEN 5.50000% 38,834,000.00 177,989.15 0.00
1-A-5 05948XZZ7 SEN 1.60000% 9,624,508.40 12,832.68 317,550.37
1-A-6 05948XA27 SEN 6.40000% 0.00 51,330.71 0.00
1-A-7 05948XA35 SEN 5.50000% 3,466,000.00 15,885.83 0.00
1-A-8 05948XA43 SEN 5.50000% 1,200,000.00 5,500.00 0.00
1-A-9 05948XA50 SEN 5.50000% 3,483,000.00 15,963.75 0.00
1-A-10 05948XA68 SEN 5.50000% 2,966,000.00 13,594.17 0.00
1-A-11 05948XA76 SEN 5.50000% 4,315,000.00 19,777.08 0.00
1-A-12 05948XA84 SEN 1.55000% 152,901,918.21 197,498.30 4,798,511.17
1-A-13 05948XA92 SEN 1.55000% 3,439,511.75 4,442.70 107,941.98
1-A-14 05948XB26 SEN 12.74167% 85,277,143.98 905,477.38 2,676,247.18
1-A-15 05948XB34 SEN 5.25000% 1,625,000.00 7,109.37 0.00
1-A-16 05948XB42 SEN 5.75000% 1,625,000.00 7,786.46 0.00
1-A-17 05948XB59 SEN 5.25000% 1,972,500.00 8,629.69 0.00
1-A-18 05948XB67 SEN 5.75000% 1,972,500.00 9,451.56 0.00
1-A-19 05948XB75 SEN 5.25000% 1,367,500.00 5,982.81 0.00
1-A-20 05948XB83 SEN 5.75000% 1,367,500.00 6,552.60 0.00
1-A-21 05948XB91 SEN 5.50000% 22,012,666.00 100,891.38 0.00
1-A-22 05948XC25 SEN 5.50000% 495,172.00 2,269.54 0.00
1-A-R 05948XC33 SEN 5.50000% 0.00 0.00 0.00
1-A-MR 05948XC41 SEN 5.50000% 0.00 0.00 0.00
1-A-LR 05948XC58 SEN 5.50000% 0.00 0.01 0.00
2-A-1 05948XC66 SEN 1.55000% 30,495,754.60 39,390.35 1,209,093.59
2-A-2 05948XC74 SEN 12.74167% 16,634,048.67 176,621.25 659,505.62
2-A-3 05948XC82 SEN 5.50000% 9,975,000.00 45,718.75 0.00
2-A-4 05948XC90 SEN 5.50000% 6,675,000.00 30,593.75 0.00
2-A-5 05948XD24 SEN 5.50000% 1,177,422.01 5,396.52 34,495.71
3-A-1 05948XD32 SEN 5.00000% 151,234,357.43 630,143.16 1,807,264.70
4-A-1 05948XD40 SEN 5.00000% 54,903,876.58 228,766.16 725,986.50
4-A-2 05948XD57 SEN 5.00000% 1,020,982.90 4,254.10 13,500.32
1-B-1 05948XD99 SUB 5.50000% 6,028,788.52 27,631.95 6,168.36
1-B-2 05948XE23 SUB 5.50000% 2,583,766.51 11,842.26 2,643.58
1-B-3 05948XE31 SUB 5.50000% 1,291,384.26 5,918.84 1,321.28
1-B-4 05948XG39 SUB 5.50000% 861,255.50 3,947.42 881.19
1-B-5 05948XG47 SUB 5.50000% 645,692.13 2,959.42 660.64
1-B-6 05948XG54 SUB 5.50000% 647,214.87 2,966.40 662.20
X-B-1 05948XE49 SUB 5.26991% 2,474,916.17 10,868.83 5,586.08
X-B-2 05948XE56 SUB 5.26991% 824,308.36 3,620.03 1,860.53
X-B-3 05948XE64 SUB 5.26991% 317,577.74 1,394.67 716.80
X-B-4 05948XH46 SUB 5.26991% 127,429.31 559.62 287.62
X-B-5 05948XH53 SUB 5.26991% 126,433.77 555.25 285.37
X-B-6 05948XH61 SUB 5.26991% 256,180.33 1,125.04 578.21
3-B-1 05948XE72 SUB 5.00000% 1,009,434.16 4,205.98 3,819.38
3-B-2 05948XE80 SUB 5.00000% 309,678.92 1,290.33 1,171.73
3-B-3 05948XE98 SUB 5.00000% 233,251.75 971.88 882.55
3-B-4 05948XG62 SUB 5.00000% 154,839.46 645.16 585.86
3-B-5 05948XG70 SUB 5.00000% 154,839.46 645.16 585.86
3-B-6 05948XG88 SUB 5.00000% 156,313.95 651.31 591.44
A-PO 05948XD65 PO 0.00000% 4,674,377.97 0.00 11,319.08
15-IO 05948XD73 IO 0.33650% 0.00 30,893.25 0.00
30-IO 05948XD81 IO 0.36735% 0.00 117,673.20 0.00
SES 05948XG21 SEN 0.00000% 0.00 123,844.98 0.00
Totals 706,385,657.65 3,398,975.35 13,978,456.75
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-A-1 0.00 46,534,790.13 1,788,262.43 0.00
1-A-2 0.00 363,070.00 0.00 0.00
1-A-3 0.00 24,961,000.00 114,404.58 0.00
1-A-4 0.00 38,834,000.00 177,989.15 0.00
1-A-5 0.00 9,306,958.03 330,383.05 0.00
1-A-6 0.00 0.00 51,330.71 0.00
1-A-7 0.00 3,466,000.00 15,885.83 0.00
1-A-8 0.00 1,200,000.00 5,500.00 0.00
1-A-9 0.00 3,483,000.00 15,963.75 0.00
1-A-10 0.00 2,966,000.00 13,594.17 0.00
1-A-11 0.00 4,315,000.00 19,777.08 0.00
1-A-12 0.00 148,103,407.05 4,996,009.47 0.00
1-A-13 0.00 3,331,569.77 112,384.68 0.00
1-A-14 0.00 82,600,896.79 3,581,724.56 0.00
1-A-15 0.00 1,625,000.00 7,109.37 0.00
1-A-16 0.00 1,625,000.00 7,786.46 0.00
1-A-17 0.00 1,972,500.00 8,629.69 0.00
1-A-18 0.00 1,972,500.00 9,451.56 0.00
1-A-19 0.00 1,367,500.00 5,982.81 0.00
1-A-20 0.00 1,367,500.00 6,552.60 0.00
1-A-21 0.00 22,012,666.00 100,891.38 0.00
1-A-22 0.00 495,172.00 2,269.54 0.00
1-A-R 0.00 0.00 0.00 0.00
1-A-MR 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.01 0.00
2-A-1 0.00 29,286,661.01 1,248,483.94 0.00
2-A-2 0.00 15,974,543.05 836,126.87 0.00
2-A-3 0.00 9,975,000.00 45,718.75 0.00
2-A-4 0.00 6,675,000.00 30,593.75 0.00
2-A-5 0.00 1,142,926.30 39,892.23 0.00
3-A-1 0.00 149,427,092.73 2,437,407.86 0.00
4-A-1 0.00 54,177,890.08 954,752.66 0.00
4-A-2 0.00 1,007,482.59 17,754.42 0.00
1-B-1 0.00 6,022,620.16 33,800.31 0.00
1-B-2 0.00 2,581,122.93 14,485.84 0.00
1-B-3 0.00 1,290,062.98 7,240.12 0.00
1-B-4 0.00 860,374.31 4,828.61 0.00
1-B-5 0.00 645,031.49 3,620.06 0.00
1-B-6 0.00 646,552.67 3,628.60 0.00
X-B-1 0.00 2,469,330.09 16,454.91 0.00
X-B-2 0.00 822,447.83 5,480.56 0.00
X-B-3 0.00 316,860.94 2,111.47 0.00
X-B-4 0.00 127,141.69 847.24 0.00
X-B-5 0.00 126,148.40 840.62 0.00
X-B-6 0.00 255,602.11 1,703.25 0.00
3-B-1 0.00 1,005,614.78 8,025.36 0.00
3-B-2 0.00 308,507.19 2,462.06 0.00
3-B-3 0.00 232,369.20 1,854.43 0.00
3-B-4 0.00 154,253.59 1,231.02 0.00
3-B-5 0.00 154,253.59 1,231.02 0.00
3-B-6 0.00 155,722.50 1,242.75 0.00
A-PO 0.00 4,663,058.89 11,319.08 0.00
15-IO 0.00 0.00 30,893.25 0.00
30-IO 0.00 0.00 117,673.20 0.00
SES 0.00 0.00 123,844.98 0.00
Totals 0.00 692,407,200.87 17,377,432.10 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>
1-A-1 49,000,000.00 48,122,541.98 70,437.31 1,517,314.54 0.00 0.00
1-A-2 363,070.00 363,070.00 0.00 0.00 0.00 0.00
1-A-3 24,961,000.00 24,961,000.00 0.00 0.00 0.00 0.00
1-A-4 38,834,000.00 38,834,000.00 0.00 0.00 0.00 0.00
1-A-5 9,800,000.00 9,624,508.40 14,087.46 303,462.91 0.00 0.00
1-A-6 0.00 0.00 0.00 0.00 0.00 0.00
1-A-7 3,466,000.00 3,466,000.00 0.00 0.00 0.00 0.00
1-A-8 1,200,000.00 1,200,000.00 0.00 0.00 0.00 0.00
1-A-9 3,483,000.00 3,483,000.00 0.00 0.00 0.00 0.00
1-A-10 2,966,000.00 2,966,000.00 0.00 0.00 0.00 0.00
1-A-11 4,315,000.00 4,315,000.00 0.00 0.00 0.00 0.00
1-A-12 155,553,776.00 152,901,918.21 212,875.98 4,585,635.19 0.00 0.00
1-A-13 3,499,165.00 3,439,511.75 4,788.62 103,153.36 0.00 0.00
1-A-14 86,756,150.00 85,277,143.98 118,726.15 2,557,521.04 0.00 0.00
1-A-15 1,625,000.00 1,625,000.00 0.00 0.00 0.00 0.00
1-A-16 1,625,000.00 1,625,000.00 0.00 0.00 0.00 0.00
1-A-17 1,972,500.00 1,972,500.00 0.00 0.00 0.00 0.00
1-A-18 1,972,500.00 1,972,500.00 0.00 0.00 0.00 0.00
1-A-19 1,367,500.00 1,367,500.00 0.00 0.00 0.00 0.00
1-A-20 1,367,500.00 1,367,500.00 0.00 0.00 0.00 0.00
1-A-21 22,012,666.00 22,012,666.00 0.00 0.00 0.00 0.00
1-A-22 495,172.00 495,172.00 0.00 0.00 0.00 0.00
1-A-R 50.00 0.00 0.00 0.00 0.00 0.00
1-A-MR 25.00 0.00 0.00 0.00 0.00 0.00
1-A-LR 25.00 0.00 0.00 0.00 0.00 0.00
2-A-1 31,322,176.00 30,495,754.60 41,649.32 1,167,444.26 0.00 0.00
2-A-2 17,084,824.00 16,634,048.67 22,717.81 636,787.81 0.00 0.00
2-A-3 9,975,000.00 9,975,000.00 0.00 0.00 0.00 0.00
2-A-4 6,675,000.00 6,675,000.00 0.00 0.00 0.00 0.00
2-A-5 1,201,000.00 1,177,422.01 1,188.26 33,307.45 0.00 0.00
3-A-1 153,135,000.00 151,234,357.43 572,223.48 1,235,041.22 0.00 0.00
4-A-1 55,335,000.00 54,903,876.58 204,294.10 521,692.40 0.00 0.00
4-A-2 1,029,000.00 1,020,982.90 3,799.02 9,701.30 0.00 0.00
1-B-1 6,041,000.00 6,028,788.52 6,168.36 0.00 0.00 0.00
1-B-2 2,589,000.00 2,583,766.51 2,643.58 0.00 0.00 0.00
1-B-3 1,294,000.00 1,291,384.26 1,321.28 0.00 0.00 0.00
1-B-4 863,000.00 861,255.50 881.19 0.00 0.00 0.00
1-B-5 647,000.00 645,692.13 660.64 0.00 0.00 0.00
1-B-6 648,525.82 647,214.87 662.20 0.00 0.00 0.00
X-B-1 2,486,000.00 2,474,916.17 5,586.08 0.00 0.00 0.00
X-B-2 828,000.00 824,308.36 1,860.53 0.00 0.00 0.00
X-B-3 319,000.00 317,577.74 716.80 0.00 0.00 0.00
X-B-4 128,000.00 127,429.31 287.62 0.00 0.00 0.00
X-B-5 127,000.00 126,433.77 285.37 0.00 0.00 0.00
X-B-6 257,327.61 256,180.33 578.21 0.00 0.00 0.00
3-B-1 1,017,000.00 1,009,434.16 3,819.38 0.00 0.00 0.00
3-B-2 312,000.00 309,678.92 1,171.73 0.00 0.00 0.00
3-B-3 235,000.00 233,251.75 882.55 0.00 0.00 0.00
3-B-4 156,000.00 154,839.46 585.86 0.00 0.00 0.00
3-B-5 156,000.00 154,839.46 585.86 0.00 0.00 0.00
3-B-6 157,485.54 156,313.95 591.44 0.00 0.00 0.00
A-PO 4,705,505.00 4,674,377.97 10,049.21 1,269.87 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
30-IO 0.00 0.00 0.00 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 715,358,942.97 706,385,657.65 1,306,125.40 12,672,331.35 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>
1-A-1 1,587,751.85 46,534,790.13 0.94968959 1,587,751.85
1-A-2 0.00 363,070.00 1.00000000 0.00
1-A-3 0.00 24,961,000.00 1.00000000 0.00
1-A-4 0.00 38,834,000.00 1.00000000 0.00
1-A-5 317,550.37 9,306,958.03 0.94968959 317,550.37
1-A-6 0.00 0.00 0.00000000 0.00
1-A-7 0.00 3,466,000.00 1.00000000 0.00
1-A-8 0.00 1,200,000.00 1.00000000 0.00
1-A-9 0.00 3,483,000.00 1.00000000 0.00
1-A-10 0.00 2,966,000.00 1.00000000 0.00
1-A-11 0.00 4,315,000.00 1.00000000 0.00
1-A-12 4,798,511.17 148,103,407.05 0.95210422 4,798,511.17
1-A-13 107,941.98 3,331,569.77 0.95210422 107,941.98
1-A-14 2,676,247.18 82,600,896.79 0.95210422 2,676,247.18
1-A-15 0.00 1,625,000.00 1.00000000 0.00
1-A-16 0.00 1,625,000.00 1.00000000 0.00
1-A-17 0.00 1,972,500.00 1.00000000 0.00
1-A-18 0.00 1,972,500.00 1.00000000 0.00
1-A-19 0.00 1,367,500.00 1.00000000 0.00
1-A-20 0.00 1,367,500.00 1.00000000 0.00
1-A-21 0.00 22,012,666.00 1.00000000 0.00
1-A-22 0.00 495,172.00 1.00000000 0.00
1-A-R 0.00 0.00 0.00000000 0.00
1-A-MR 0.00 0.00 0.00000000 0.00
1-A-LR 0.00 0.00 0.00000000 0.00
2-A-1 1,209,093.59 29,286,661.01 0.93501361 1,209,093.59
2-A-2 659,505.62 15,974,543.05 0.93501362 659,505.62
2-A-3 0.00 9,975,000.00 1.00000000 0.00
2-A-4 0.00 6,675,000.00 1.00000000 0.00
2-A-5 34,495.71 1,142,926.30 0.95164555 34,495.71
3-A-1 1,807,264.70 149,427,092.73 0.97578668 1,807,264.70
4-A-1 725,986.50 54,177,890.08 0.97908900 725,986.50
4-A-2 13,500.32 1,007,482.59 0.97908901 13,500.32
1-B-1 6,168.36 6,022,620.16 0.99695748 6,168.36
1-B-2 2,643.58 2,581,122.93 0.99695749 2,643.58
1-B-3 1,321.28 1,290,062.98 0.99695748 1,321.28
1-B-4 881.19 860,374.31 0.99695749 881.19
1-B-5 660.64 645,031.49 0.99695748 660.64
1-B-6 662.20 646,552.67 0.99695748 662.20
X-B-1 5,586.08 2,469,330.09 0.99329449 5,586.08
X-B-2 1,860.53 822,447.83 0.99329448 1,860.53
X-B-3 716.80 316,860.94 0.99329448 716.80
X-B-4 287.62 127,141.69 0.99329445 287.62
X-B-5 285.37 126,148.40 0.99329449 285.37
X-B-6 578.21 255,602.11 0.99329454 578.21
3-B-1 3,819.38 1,005,614.78 0.98880509 3,819.38
3-B-2 1,171.73 308,507.19 0.98880510 1,171.73
3-B-3 882.55 232,369.20 0.98880511 882.55
3-B-4 585.86 154,253.59 0.98880506 585.86
3-B-5 585.86 154,253.59 0.98880506 585.86
3-B-6 591.44 155,722.50 0.98880507 591.44
A-PO 11,319.08 4,663,058.89 0.99097948 11,319.08
15-IO 0.00 0.00 0.00000000 0.00
30-IO 0.00 0.00 0.00000000 0.00
SES 0.00 0.00 0.00000000 0.00
Totals 13,978,456.75 692,407,200.87 0.96791577 13,978,456.75
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>
1-A-1 49,000,000.00 982.09269347 1.43749612 30.96560286 0.00000000
1-A-2 363,070.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-3 24,961,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-4 38,834,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-5 9,800,000.00 982.09269388 1.43749592 30.96560306 0.00000000
1-A-6 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-7 3,466,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-8 1,200,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-9 3,483,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-10 2,966,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-11 4,315,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-12 155,553,776.00 982.95214775 1.36850410 29.47942061 0.00000000
1-A-13 3,499,165.00 982.95214716 1.36850363 29.47942152 0.00000000
1-A-14 86,756,150.00 982.95214783 1.36850413 29.47942065 0.00000000
1-A-15 1,625,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-16 1,625,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-17 1,972,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-18 1,972,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-19 1,367,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-20 1,367,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-21 22,012,666.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-22 495,172.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-MR 25.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 25.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 31,322,176.00 973.61545379 1.32970711 37.27213141 0.00000000
2-A-2 17,084,824.00 973.61545369 1.32970700 37.27213169 0.00000000
2-A-3 9,975,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A-4 6,675,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A-5 1,201,000.00 980.36803497 0.98939217 27.73309742 0.00000000
3-A-1 153,135,000.00 987.58845091 3.73672563 8.06504862 0.00000000
4-A-1 55,335,000.00 992.20884756 3.69195084 9.42789193 0.00000000
4-A-2 1,029,000.00 992.20884354 3.69195335 9.42789116 0.00000000
1-B-1 6,041,000.00 997.97856646 1.02108260 0.00000000 0.00000000
1-B-2 2,589,000.00 997.97856701 1.02108150 0.00000000 0.00000000
1-B-3 1,294,000.00 997.97856260 1.02108192 0.00000000 0.00000000
1-B-4 863,000.00 997.97856315 1.02107764 0.00000000 0.00000000
1-B-5 647,000.00 997.97856260 1.02108192 0.00000000 0.00000000
1-B-6 648,525.82 997.97856930 1.02108502 0.00000000 0.00000000
X-B-1 2,486,000.00 995.54150040 2.24701529 0.00000000 0.00000000
X-B-2 828,000.00 995.54149758 2.24701691 0.00000000 0.00000000
X-B-3 319,000.00 995.54150470 2.24702194 0.00000000 0.00000000
X-B-4 128,000.00 995.54148438 2.24703125 0.00000000 0.00000000
X-B-5 127,000.00 995.54149606 2.24700787 0.00000000 0.00000000
X-B-6 257,327.61 995.54155887 2.24698003 0.00000000 0.00000000
3-B-1 1,017,000.00 992.56062930 3.75553589 0.00000000 0.00000000
3-B-2 312,000.00 992.56064103 3.75554487 0.00000000 0.00000000
3-B-3 235,000.00 992.56063830 3.75553191 0.00000000 0.00000000
3-B-4 156,000.00 992.56064103 3.75551282 0.00000000 0.00000000
3-B-5 156,000.00 992.56064103 3.75551282 0.00000000 0.00000000
3-B-6 157,485.54 992.56065033 3.75551940 0.00000000 0.00000000
A-PO 4,705,505.00 993.38497568 2.13562838 0.26986902 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
30-IO 0.00 0.00000000 0.00000000 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>
1-A-1 0.00000000 32.40309898 949.68959449 0.94968959 32.40309898
1-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-5 0.00000000 32.40309898 949.68959490 0.94968959 32.40309898
1-A-6 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-12 0.00000000 30.84792471 952.10422311 0.95210422 30.84792471
1-A-13 0.00000000 30.84792515 952.10422201 0.95210422 30.84792515
1-A-14 0.00000000 30.84792467 952.10422304 0.95210422 30.84792467
1-A-15 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-16 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-17 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-18 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-19 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-20 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-21 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-22 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-MR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 38.60183884 935.01361495 0.93501361 38.60183884
2-A-2 0.00000000 38.60183868 935.01361501 0.93501362 38.60183868
2-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A-5 0.00000000 28.72248959 951.64554538 0.95164555 28.72248959
3-A-1 0.00000000 11.80177425 975.78667666 0.97578668 11.80177425
4-A-1 0.00000000 13.11984278 979.08900479 0.97908900 13.11984278
4-A-2 0.00000000 13.11984451 979.08900875 0.97908901 13.11984451
1-B-1 0.00000000 1.02108260 996.95748386 0.99695748 1.02108260
1-B-2 0.00000000 1.02108150 996.95748552 0.99695749 1.02108150
1-B-3 0.00000000 1.02108192 996.95748068 0.99695748 1.02108192
1-B-4 0.00000000 1.02107764 996.95748552 0.99695749 1.02107764
1-B-5 0.00000000 1.02108192 996.95748068 0.99695748 1.02108192
1-B-6 0.00000000 1.02108502 996.95748428 0.99695748 1.02108502
X-B-1 0.00000000 2.24701529 993.29448512 0.99329449 2.24701529
X-B-2 0.00000000 2.24701691 993.29448068 0.99329448 2.24701691
X-B-3 0.00000000 2.24702194 993.29448276 0.99329448 2.24702194
X-B-4 0.00000000 2.24703125 993.29445313 0.99329445 2.24703125
X-B-5 0.00000000 2.24700787 993.29448819 0.99329449 2.24700787
X-B-6 0.00000000 2.24698003 993.29453998 0.99329454 2.24698003
3-B-1 0.00000000 3.75553589 988.80509341 0.98880509 3.75553589
3-B-2 0.00000000 3.75554487 988.80509615 0.98880510 3.75554487
3-B-3 0.00000000 3.75553191 988.80510638 0.98880511 3.75553191
3-B-4 0.00000000 3.75551282 988.80506410 0.98880506 3.75551282
3-B-5 0.00000000 3.75551282 988.80506410 0.98880506 3.75551282
3-B-6 0.00000000 3.75551940 988.80506744 0.98880507 3.75551940
A-PO 0.00000000 2.40549739 990.97947829 0.99097948 2.40549739
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
30-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
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>
1-A-1 49,000,000.00 5.00000% 48,122,541.98 200,510.59 0.00 0.00
1-A-2 363,070.00 0.00000% 363,070.00 0.00 0.00 0.00
1-A-3 24,961,000.00 5.50000% 24,961,000.00 114,404.58 0.00 0.00
1-A-4 38,834,000.00 5.50000% 38,834,000.00 177,989.17 0.00 0.00
1-A-5 9,800,000.00 1.60000% 9,624,508.40 12,832.68 0.00 0.00
1-A-6 0.00 6.40000% 9,624,508.40 51,330.71 0.00 0.00
1-A-7 3,466,000.00 5.50000% 3,466,000.00 15,885.83 0.00 0.00
1-A-8 1,200,000.00 5.50000% 1,200,000.00 5,500.00 0.00 0.00
1-A-9 3,483,000.00 5.50000% 3,483,000.00 15,963.75 0.00 0.00
1-A-10 2,966,000.00 5.50000% 2,966,000.00 13,594.17 0.00 0.00
1-A-11 4,315,000.00 5.50000% 4,315,000.00 19,777.08 0.00 0.00
1-A-12 155,553,776.00 1.55000% 152,901,918.21 197,498.31 0.00 0.00
1-A-13 3,499,165.00 1.55000% 3,439,511.75 4,442.70 0.00 0.00
1-A-14 86,756,150.00 12.74167% 85,277,143.98 905,477.45 0.00 0.00
1-A-15 1,625,000.00 5.25000% 1,625,000.00 7,109.38 0.00 0.00
1-A-16 1,625,000.00 5.75000% 1,625,000.00 7,786.46 0.00 0.00
1-A-17 1,972,500.00 5.25000% 1,972,500.00 8,629.69 0.00 0.00
1-A-18 1,972,500.00 5.75000% 1,972,500.00 9,451.56 0.00 0.00
1-A-19 1,367,500.00 5.25000% 1,367,500.00 5,982.81 0.00 0.00
1-A-20 1,367,500.00 5.75000% 1,367,500.00 6,552.60 0.00 0.00
1-A-21 22,012,666.00 5.50000% 22,012,666.00 100,891.39 0.00 0.00
1-A-22 495,172.00 5.50000% 495,172.00 2,269.54 0.00 0.00
1-A-R 50.00 5.50000% 0.00 0.00 0.00 0.00
1-A-MR 25.00 5.50000% 0.00 0.00 0.00 0.00
1-A-LR 25.00 5.50000% 0.00 0.00 0.00 0.00
2-A-1 31,322,176.00 1.55000% 30,495,754.60 39,390.35 0.00 0.00
2-A-2 17,084,824.00 12.74167% 16,634,048.67 176,621.25 0.00 0.00
2-A-3 9,975,000.00 5.50000% 9,975,000.00 45,718.75 0.00 0.00
2-A-4 6,675,000.00 5.50000% 6,675,000.00 30,593.75 0.00 0.00
2-A-5 1,201,000.00 5.50000% 1,177,422.01 5,396.52 0.00 0.00
3-A-1 153,135,000.00 5.00000% 151,234,357.43 630,143.16 0.00 0.00
4-A-1 55,335,000.00 5.00000% 54,903,876.58 228,766.15 0.00 0.00
4-A-2 1,029,000.00 5.00000% 1,020,982.90 4,254.10 0.00 0.00
1-B-1 6,041,000.00 5.50000% 6,028,788.52 27,631.95 0.00 0.00
1-B-2 2,589,000.00 5.50000% 2,583,766.51 11,842.26 0.00 0.00
1-B-3 1,294,000.00 5.50000% 1,291,384.26 5,918.84 0.00 0.00
1-B-4 863,000.00 5.50000% 861,255.50 3,947.42 0.00 0.00
1-B-5 647,000.00 5.50000% 645,692.13 2,959.42 0.00 0.00
1-B-6 648,525.82 5.50000% 647,214.87 2,966.40 0.00 0.00
X-B-1 2,486,000.00 5.26991% 2,474,916.17 10,868.83 0.00 0.00
X-B-2 828,000.00 5.26991% 824,308.36 3,620.03 0.00 0.00
X-B-3 319,000.00 5.26991% 317,577.74 1,394.67 0.00 0.00
X-B-4 128,000.00 5.26991% 127,429.31 559.62 0.00 0.00
X-B-5 127,000.00 5.26991% 126,433.77 555.25 0.00 0.00
X-B-6 257,327.61 5.26991% 256,180.33 1,125.04 0.00 0.00
3-B-1 1,017,000.00 5.00000% 1,009,434.16 4,205.98 0.00 0.00
3-B-2 312,000.00 5.00000% 309,678.92 1,290.33 0.00 0.00
3-B-3 235,000.00 5.00000% 233,251.75 971.88 0.00 0.00
3-B-4 156,000.00 5.00000% 154,839.46 645.16 0.00 0.00
3-B-5 156,000.00 5.00000% 154,839.46 645.16 0.00 0.00
3-B-6 157,485.54 5.00000% 156,313.95 651.31 0.00 0.00
A-PO 4,705,505.00 0.00000% 4,674,377.97 0.00 0.00 0.00
15-IO 0.00 0.33650% 110,169,635.68 30,893.25 0.00 0.00
30-IO 0.00 0.36735% 384,393,559.27 117,673.21 0.00 0.00
SES 0.00 0.00000% 706,385,658.62 0.00 0.00 0.00
Totals 715,358,942.97 3,275,130.49 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>
1-A-1 0.02 0.00 200,510.58 0.00 46,534,790.13
1-A-2 0.00 0.00 0.00 0.00 363,070.00
1-A-3 0.00 0.00 114,404.58 0.00 24,961,000.00
1-A-4 0.01 0.00 177,989.15 0.00 38,834,000.00
1-A-5 0.00 0.00 12,832.68 0.00 9,306,958.03
1-A-6 0.00 0.00 51,330.71 0.00 9,306,958.03
1-A-7 0.00 0.00 15,885.83 0.00 3,466,000.00
1-A-8 0.00 0.00 5,500.00 0.00 1,200,000.00
1-A-9 0.00 0.00 15,963.75 0.00 3,483,000.00
1-A-10 0.00 0.00 13,594.17 0.00 2,966,000.00
1-A-11 0.00 0.00 19,777.08 0.00 4,315,000.00
1-A-12 0.02 0.00 197,498.30 0.00 148,103,407.05
1-A-13 0.00 0.00 4,442.70 0.00 3,331,569.77
1-A-14 0.07 0.00 905,477.38 0.00 82,600,896.79
1-A-15 0.00 0.00 7,109.37 0.00 1,625,000.00
1-A-16 0.00 0.00 7,786.46 0.00 1,625,000.00
1-A-17 0.00 0.00 8,629.69 0.00 1,972,500.00
1-A-18 0.00 0.00 9,451.56 0.00 1,972,500.00
1-A-19 0.00 0.00 5,982.81 0.00 1,367,500.00
1-A-20 0.00 0.00 6,552.60 0.00 1,367,500.00
1-A-21 0.01 0.00 100,891.38 0.00 22,012,666.00
1-A-22 0.00 0.00 2,269.54 0.00 495,172.00
1-A-R 0.00 0.00 0.00 0.00 0.00
1-A-MR 0.00 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.01 0.00 0.00
2-A-1 0.00 0.00 39,390.35 0.00 29,286,661.01
2-A-2 (0.01) 0.00 176,621.25 0.00 15,974,543.05
2-A-3 0.00 0.00 45,718.75 0.00 9,975,000.00
2-A-4 0.00 0.00 30,593.75 0.00 6,675,000.00
2-A-5 0.00 0.00 5,396.52 0.00 1,142,926.30
3-A-1 (0.01) 0.00 630,143.16 0.00 149,427,092.73
4-A-1 (0.01) 0.00 228,766.16 0.00 54,177,890.08
4-A-2 0.00 0.00 4,254.10 0.00 1,007,482.59
1-B-1 0.00 0.00 27,631.95 0.00 6,022,620.16
1-B-2 0.00 0.00 11,842.26 0.00 2,581,122.93
1-B-3 0.00 0.00 5,918.84 0.00 1,290,062.98
1-B-4 0.00 0.00 3,947.42 0.00 860,374.31
1-B-5 0.00 0.00 2,959.42 0.00 645,031.49
1-B-6 0.00 0.00 2,966.40 0.00 646,552.67
X-B-1 0.00 0.00 10,868.83 0.00 2,469,330.09
X-B-2 0.00 0.00 3,620.03 0.00 822,447.83
X-B-3 0.00 0.00 1,394.67 0.00 316,860.94
X-B-4 0.00 0.00 559.62 0.00 127,141.69
X-B-5 0.00 0.00 555.25 0.00 126,148.40
X-B-6 0.00 0.00 1,125.04 0.00 255,602.11
3-B-1 0.00 0.00 4,205.98 0.00 1,005,614.78
3-B-2 0.00 0.00 1,290.33 0.00 308,507.19
3-B-3 0.00 0.00 971.88 0.00 232,369.20
3-B-4 0.00 0.00 645.16 0.00 154,253.59
3-B-5 0.00 0.00 645.16 0.00 154,253.59
3-B-6 0.00 0.00 651.31 0.00 155,722.50
A-PO 0.00 0.00 0.00 0.00 4,663,058.89
15-IO 0.00 0.00 30,893.25 0.00 108,037,067.34
30-IO 0.01 0.00 117,673.20 0.00 373,110,809.51
SES 0.00 0.00 123,844.98 0.00 692,407,201.84
Totals 0.11 0.00 3,398,975.35 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>
1-A-1 49,000,000.00 5.00000% 982.09269347 4.09205286 0.00000000 0.00000000
1-A-2 363,070.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-3 24,961,000.00 5.50000% 1000.00000000 4.58333320 0.00000000 0.00000000
1-A-4 38,834,000.00 5.50000% 1000.00000000 4.58333342 0.00000000 0.00000000
1-A-5 9,800,000.00 1.60000% 982.09269388 1.30945714 0.00000000 0.00000000
1-A-6 0.00 6.40000% 982.09269388 5.23782755 0.00000000 0.00000000
1-A-7 3,466,000.00 5.50000% 1000.00000000 4.58333237 0.00000000 0.00000000
1-A-8 1,200,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-9 3,483,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-10 2,966,000.00 5.50000% 1000.00000000 4.58333446 0.00000000 0.00000000
1-A-11 4,315,000.00 5.50000% 1000.00000000 4.58333256 0.00000000 0.00000000
1-A-12 155,553,776.00 1.55000% 982.95214775 1.26964652 0.00000000 0.00000000
1-A-13 3,499,165.00 1.55000% 982.95214716 1.26964576 0.00000000 0.00000000
1-A-14 86,756,150.00 12.74167% 982.95214783 10.43704049 0.00000000 0.00000000
1-A-15 1,625,000.00 5.25000% 1000.00000000 4.37500308 0.00000000 0.00000000
1-A-16 1,625,000.00 5.75000% 1000.00000000 4.79166769 0.00000000 0.00000000
1-A-17 1,972,500.00 5.25000% 1000.00000000 4.37500127 0.00000000 0.00000000
1-A-18 1,972,500.00 5.75000% 1000.00000000 4.79166540 0.00000000 0.00000000
1-A-19 1,367,500.00 5.25000% 1000.00000000 4.37499817 0.00000000 0.00000000
1-A-20 1,367,500.00 5.75000% 1000.00000000 4.79166362 0.00000000 0.00000000
1-A-21 22,012,666.00 5.50000% 1000.00000000 4.58333352 0.00000000 0.00000000
1-A-22 495,172.00 5.50000% 1000.00000000 4.58333670 0.00000000 0.00000000
1-A-R 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-A-MR 25.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 25.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 31,322,176.00 1.55000% 973.61545379 1.25758664 0.00000000 0.00000000
2-A-2 17,084,824.00 12.74167% 973.61545369 10.33790281 0.00000000 0.00000000
2-A-3 9,975,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
2-A-4 6,675,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
2-A-5 1,201,000.00 5.50000% 980.36803497 4.49335554 0.00000000 0.00000000
3-A-1 153,135,000.00 5.00000% 987.58845091 4.11495191 0.00000000 0.00000000
4-A-1 55,335,000.00 5.00000% 992.20884756 4.13420349 0.00000000 0.00000000
4-A-2 1,029,000.00 5.00000% 992.20884354 4.13420797 0.00000000 0.00000000
1-B-1 6,041,000.00 5.50000% 997.97856646 4.57406886 0.00000000 0.00000000
1-B-2 2,589,000.00 5.50000% 997.97856701 4.57406721 0.00000000 0.00000000
1-B-3 1,294,000.00 5.50000% 997.97856260 4.57406491 0.00000000 0.00000000
1-B-4 863,000.00 5.50000% 997.97856315 4.57406721 0.00000000 0.00000000
1-B-5 647,000.00 5.50000% 997.97856260 4.57406491 0.00000000 0.00000000
1-B-6 648,525.82 5.50000% 997.97856930 4.57406615 0.00000000 0.00000000
X-B-1 2,486,000.00 5.26991% 995.54150040 4.37201529 0.00000000 0.00000000
X-B-2 828,000.00 5.26991% 995.54149758 4.37201691 0.00000000 0.00000000
X-B-3 319,000.00 5.26991% 995.54150470 4.37200627 0.00000000 0.00000000
X-B-4 128,000.00 5.26991% 995.54148438 4.37203125 0.00000000 0.00000000
X-B-5 127,000.00 5.26991% 995.54149606 4.37204724 0.00000000 0.00000000
X-B-6 257,327.61 5.26991% 995.54155887 4.37201434 0.00000000 0.00000000
3-B-1 1,017,000.00 5.00000% 992.56062930 4.13567355 0.00000000 0.00000000
3-B-2 312,000.00 5.00000% 992.56064103 4.13567308 0.00000000 0.00000000
3-B-3 235,000.00 5.00000% 992.56063830 4.13565957 0.00000000 0.00000000
3-B-4 156,000.00 5.00000% 992.56064103 4.13564103 0.00000000 0.00000000
3-B-5 156,000.00 5.00000% 992.56064103 4.13564103 0.00000000 0.00000000
3-B-6 157,485.54 5.00000% 992.56065033 4.13568128 0.00000000 0.00000000
A-PO 4,705,505.00 0.00000% 993.38497568 0.00000000 0.00000000 0.00000000
15-IO 0.00 0.33650% 986.31876707 0.27657886 0.00000000 0.00000000
30-IO 0.00 0.36735% 984.74214825 0.30145606 0.00000000 0.00000000
SES 0.00 0.00000% 987.45624777 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>
1-A-1 0.00000041 0.00000000 4.09205265 0.00000000 949.68959449
1-A-2 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000
1-A-3 0.00000000 0.00000000 4.58333320 0.00000000 1000.00000000
1-A-4 0.00000026 0.00000000 4.58333290 0.00000000 1000.00000000
1-A-5 0.00000000 0.00000000 1.30945714 0.00000000 949.68959490
1-A-6 0.00000000 0.00000000 5.23782755 0.00000000 949.68959490
1-A-7 0.00000000 0.00000000 4.58333237 0.00000000 1000.00000000
1-A-8 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-9 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-10 0.00000000 0.00000000 4.58333446 0.00000000 1000.00000000
1-A-11 0.00000000 0.00000000 4.58333256 0.00000000 1000.00000000
1-A-12 0.00000013 0.00000000 1.26964645 0.00000000 952.10422311
1-A-13 0.00000000 0.00000000 1.26964576 0.00000000 952.10422201
1-A-14 0.00000081 0.00000000 10.43703968 0.00000000 952.10422304
1-A-15 0.00000000 0.00000000 4.37499692 0.00000000 1000.00000000
1-A-16 0.00000000 0.00000000 4.79166769 0.00000000 1000.00000000
1-A-17 0.00000000 0.00000000 4.37500127 0.00000000 1000.00000000
1-A-18 0.00000000 0.00000000 4.79166540 0.00000000 1000.00000000
1-A-19 0.00000000 0.00000000 4.37499817 0.00000000 1000.00000000
1-A-20 0.00000000 0.00000000 4.79166362 0.00000000 1000.00000000
1-A-21 0.00000045 0.00000000 4.58333307 0.00000000 1000.00000000
1-A-22 0.00000000 0.00000000 4.58333670 0.00000000 1000.00000000
1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-MR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 0.00000000 0.00000000 0.40000000 0.00000000 0.00000000
2-A-1 0.00000000 0.00000000 1.25758664 0.00000000 935.01361495
2-A-2 (0.00000059) 0.00000000 10.33790281 0.00000000 935.01361501
2-A-3 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
2-A-4 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
2-A-5 0.00000000 0.00000000 4.49335554 0.00000000 951.64554538
3-A-1 (0.00000007) 0.00000000 4.11495191 0.00000000 975.78667666
4-A-1 (0.00000018) 0.00000000 4.13420367 0.00000000 979.08900479
4-A-2 0.00000000 0.00000000 4.13420797 0.00000000 979.08900875
1-B-1 0.00000000 0.00000000 4.57406886 0.00000000 996.95748386
1-B-2 0.00000000 0.00000000 4.57406721 0.00000000 996.95748552
1-B-3 0.00000000 0.00000000 4.57406491 0.00000000 996.95748068
1-B-4 0.00000000 0.00000000 4.57406721 0.00000000 996.95748552
1-B-5 0.00000000 0.00000000 4.57406491 0.00000000 996.95748068
1-B-6 0.00000000 0.00000000 4.57406615 0.00000000 996.95748428
X-B-1 0.00000000 0.00000000 4.37201529 0.00000000 993.29448512
X-B-2 0.00000000 0.00000000 4.37201691 0.00000000 993.29448068
X-B-3 0.00000000 0.00000000 4.37200627 0.00000000 993.29448276
X-B-4 0.00000000 0.00000000 4.37203125 0.00000000 993.29445313
X-B-5 0.00000000 0.00000000 4.37204724 0.00000000 993.29448819
X-B-6 0.00000000 0.00000000 4.37201434 0.00000000 993.29453998
3-B-1 0.00000000 0.00000000 4.13567355 0.00000000 988.80509341
3-B-2 0.00000000 0.00000000 4.13567308 0.00000000 988.80509615
3-B-3 0.00000000 0.00000000 4.13565957 0.00000000 988.80510638
3-B-4 0.00000000 0.00000000 4.13564103 0.00000000 988.80506410
3-B-5 0.00000000 0.00000000 4.13564103 0.00000000 988.80506410
3-B-6 0.00000000 0.00000000 4.13568128 0.00000000 988.80506744
A-PO 0.00000000 0.00000000 0.00000000 0.00000000 990.97947829
15-IO 0.00000000 0.00000000 0.27657886 0.00000000 967.22646307
30-IO 0.00000003 0.00000000 0.30145604 0.00000000 955.83791984
SES 0.00000000 0.00000000 0.17312285 0.00000000 967.91576827
<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>
1-SES 0.00000% 426,208,712.99 416,705,029.60 0.00 0.00 96.57294581%
2-SES 0.00000% 67,348,137.21 65,442,612.99 0.00 0.00 95.32274315%
3-SES 0.00000% 154,446,524.77 152,626,164.84 0.00 0.00 97.60415853%
4-SES 0.00000% 58,382,283.65 57,633,394.41 0.00 0.00 97.94917220%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 17,410,589.10
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 0.00
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 0.00
Total Deposits 17,410,589.10
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 33,157.00
Payment of Interest and Principal 17,377,432.10
Total Withdrawals (Pool Distribution Amount) 17,410,589.10
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 29,432.79
MBIA Fee 1,663.90
Trustee Fee - Wells Fargo Bank, N.A. 2,060.31
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 33,157.00
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<s> <c> <c> <c> <c>
Reserve Fund 20,000.00 0.01 0.00 19,999.99
Reserve Fund 999.99 0.00 0.00 999.99
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 10 0 0 0 10
5,013,194.53 0.00 0.00 0.00 5,013,194.53
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 1 0 0 0 1
478,646.64 0.00 0.00 0.00 478,646.64
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 11 0 0 0 11
5,491,841.17 0.00 0.00 0.00 5,491,841.17
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 0.714796% 0.000000% 0.000000% 0.000000% 0.714796%
0.722924% 0.000000% 0.000000% 0.000000% 0.722924%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.071480% 0.000000% 0.000000% 0.000000% 0.071480%
0.069023% 0.000000% 0.000000% 0.000000% 0.069023%
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 0.786276% 0.000000% 0.000000% 0.000000% 0.786276%
0.791947% 0.000000% 0.000000% 0.000000% 0.791947%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 1 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 8 0 0 0 8
4,196,355.91 0.00 0.00 0.00 4,196,355.91
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 8 0 0 0 8
4,196,355.91 0.00 0.00 0.00 4,196,355.91
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.936768% 0.000000% 0.000000% 0.000000% 0.936768%
1.006195% 0.000000% 0.000000% 0.000000% 1.006195%
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 0.936768% 0.000000% 0.000000% 0.000000% 0.936768%
1.006195% 0.000000% 0.000000% 0.000000% 1.006195%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<Caption>
<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 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%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<caption>
<s>
Group 3 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 1 0 0 0 1
385,180.32 0.00 0.00 0.00 385,180.32
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 1 0 0 0 1
478,646.64 0.00 0.00 0.00 478,646.64
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
863,826.96 0.00 0.00 0.00 863,826.96
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.328947% 0.000000% 0.000000% 0.000000% 0.328947%
0.251588% 0.000000% 0.000000% 0.000000% 0.251588%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.328947% 0.000000% 0.000000% 0.000000% 0.328947%
0.312637% 0.000000% 0.000000% 0.000000% 0.312637%
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 0.657895% 0.000000% 0.000000% 0.000000% 0.657895%
0.564224% 0.000000% 0.000000% 0.000000% 0.564224%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<Caption>
<s>
Group 4 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 1 0 0 0 1
431,658.30 0.00 0.00 0.00 431,658.30
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 1 0 0 0 1
431,658.30 0.00 0.00 0.00 431,658.30
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.900901% 0.000000% 0.000000% 0.000000% 0.900901%
0.746651% 0.000000% 0.000000% 0.000000% 0.746651%
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 0.900901% 0.000000% 0.000000% 0.000000% 0.900901%
0.746651% 0.000000% 0.000000% 0.000000% 0.746651%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 35,135.53
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 5.820081%
Weighted Average Pass-Through Rate 5.566581%
Weighted Average Maturity(Stepdown Calculation ) 266
Beginning Scheduled Collateral Loan Count 1,423
Number Of Loans Paid In Full 24
Ending Scheduled Collateral Loan Count 1,399
Beginning Scheduled Collateral Balance 706,385,658.62
Ending Scheduled Collateral Balance 692,407,201.84
Ending Actual Collateral Balance at 31-Jan-2004 693,460,842.63
Monthly P &I Constant 4,732,143.82
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Class A Optimal Amount 17,132,844.00
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 692,407,201.84
Scheduled Principal 1,306,125.43
Unscheduled Principal 12,672,331.35
Group Level Collateral Statement
Group Group 1 Group 2 Group 3
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 6.004365 6.023956 5.395659
Weighted Average Net Rate 5.754365 5.773956 5.145659
Weighted Average Maturity 355 356 175
Beginning Loan Count 871 134 306
Loans Paid In Full 17 4 2
Ending Loan Count 854 130 304
Beginning Scheduled Balance 426,208,712.99 67,348,137.21 154,446,524.77
Ending scheduled Balance 416,705,029.60 65,442,612.99 152,626,164.84
Record Date 01/31/2004 01/31/2004 01/31/2004
Principal And Interest Constant 2,569,004.73 406,069.48 1,278,878.51
Scheduled Principal 436,410.82 67,984.30 584,427.87
Unscheduled Principal 9,067,272.57 1,837,539.92 1,235,932.06
Scheduled Interest 2,132,593.91 338,085.18 694,450.64
Servicing Fees 88,793.49 14,030.88 32,176.37
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,243.10 196.43 450.48
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 2,042,557.32 323,857.87 661,823.79
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 5.750865 5.770456 5.142159
Group Level Collateral Statement
Group Group 4 Total
Collateral Description Mixed Fixed Fixed
Weighted Average Coupon Rate 5.362353 5.820081
Weighted Average Net Rate 5.112353 5.570081
Weighted Average Maturity 176 266
Beginning Loan Count 112 1,423
Loans Paid In Full 1 24
Ending Loan Count 111 1,399
Beginning Scheduled Balance 58,382,283.65 706,385,658.62
Ending scheduled Balance 57,633,394.41 692,407,201.84
Record Date 01/31/2004 01/31/2004
Principal And Interest Constant 478,191.10 4,732,143.82
Scheduled Principal 217,302.44 1,306,125.43
Unscheduled Principal 531,586.80 12,672,331.35
Scheduled Interest 260,888.66 3,426,018.39
Servicing Fees 12,162.97 147,163.71
Master Servicing Fees 0.00 0.00
Trustee Fee 170.30 2,060.31
FRY Amount 0.00 0.00
Special Hazard Fee 0.00 0.00
Other Fee 0.00 0.00
Pool Insurance Fee 0.00 0.00
Spread Fee 1 0.00 0.00
Spread Fee 2 0.00 0.00
Spread Fee 3 0.00 0.00
Net Interest 248,555.39 3,276,794.37
Realized Loss Amount 0.00 0.00
Cumulative Realized Loss 0.00 0.00
Percentage of Cumulative Losses 0.0000 0.0000
Prepayment Penalties 0.00 0.00
Special Servicing Fee 0.00 0.00
Pass-Through Rate 5.108853 5.566581
Miscellaneous Reporting
Group Group 1
CPR 22.764664%
Senior % 97.152412%
Senior Prepayment % 100.000000%
Subordinate % 2.847588%
Subordinate Prepayment % 0.000000%
Group Group 2
CPR 28.272790%
Senior % 96.684116%
Senior Prepayment % 100.000000%
Subordinate % 3.315884%
Subordinate Prepayment % 0.000000%
Group Group 3
CPR 9.224608%
Senior % 98.682988%
Senior Prepayment % 100.000000%
Subordinate % 1.317012%
Subordinate Prepayment % 0.000000%
Miscellaneous Reporting
Group Group 4
CPR 10.432329%
Senior % 96.715776%
Senior Prepayment % 100.000000%
Subordinate % 3.284224%
Subordinate Prepayment % 0.000000%