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): March 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 March 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
March 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: 4/1/2004
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 March 25, 2004 distribution.
EX-99.1
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 2/29/2004
Distribution Date: 3/25/2004
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% 305,161,354.54 1,398,656.29 3,266,100.85
CB-WIO 05948KDK2 SEN 0.39293% 0.00 83,140.12 0.00
CB-R 05948KDJ5 SEN 5.50000% 0.00 0.00 0.00
NC-1 05948KDL0 SEN 5.00000% 38,087,036.39 158,695.99 776,811.74
NC-2 05948KDM8 SEN 8.00000% 7,617,407.28 50,782.72 155,362.35
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 0.32553% 0.00 13,450.26 0.00
2-A-1 05948KDZ9 SEN 4.75000% 94,071,845.58 372,367.78 1,287,349.86
2-A-WIO 05948KEA3 SEN 0.55714% 0.00 37,900.00 0.00
A-PO 05948KDS5 STP 0.00000% 2,084,926.60 0.00 32,328.70
1-B-1 05948KDT3 SUB 5.50000% 8,547,965.87 39,178.18 9,086.52
1-B-2 05948KDU0 SUB 5.50000% 3,976,144.40 18,224.00 4,226.66
1-B-3 05948KDV8 SUB 5.50000% 1,986,583.01 9,105.17 2,111.75
1-B-4 05948KEB1 SUB 5.50000% 1,988,568.60 9,114.27 2,113.86
1-B-5 05948KEC9 SUB 5.50000% 1,390,905.94 6,374.99 1,478.54
1-B-6 05948KED7 SUB 5.50000% 1,591,635.22 7,295.00 1,691.91
2-B-1 05948KDW6 SUB 4.75000% 1,106,364.13 4,379.36 4,498.24
2-B-2 05948KDX4 SUB 4.75000% 352,246.10 1,394.31 1,432.16
2-B-3 05948KDY2 SUB 4.75000% 352,246.10 1,394.31 1,432.16
2-B-4 05948KEE5 SUB 4.75000% 200,449.44 793.45 814.98
2-B-5 05948KEF2 SUB 4.75000% 101,197.77 400.57 411.45
2-B-6 05948KEG0 SUB 4.75000% 151,074.65 598.00 614.24
SES 05948KEH8 SEN 0.00000% 0.00 83,332.09 0.00
Totals 474,767,951.62 2,324,076.87 5,547,865.97
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
CB-1 0.00 301,895,253.69 4,664,757.14 0.00
CB-WIO 0.00 0.00 83,140.12 0.00
CB-R 0.00 0.00 0.00 0.00
NC-1 0.00 37,310,224.66 935,507.73 0.00
NC-2 0.00 7,462,044.93 206,145.07 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 13,450.26 0.00
2-A-1 0.00 92,784,495.72 1,659,717.64 0.00
2-A-WIO 0.00 0.00 37,900.00 0.00
A-PO 0.00 2,052,597.90 32,328.70 0.00
1-B-1 0.00 8,538,879.35 48,264.70 0.00
1-B-2 0.00 3,971,917.75 22,450.66 0.00
1-B-3 0.00 1,984,471.26 11,216.92 0.00
1-B-4 0.00 1,986,454.74 11,228.13 0.00
1-B-5 0.00 1,389,427.41 7,853.53 0.00
1-B-6 0.00 1,589,943.30 8,986.91 0.00
2-B-1 0.00 1,101,865.89 8,877.60 0.00
2-B-2 0.00 350,813.94 2,826.47 0.00
2-B-3 0.00 350,813.94 2,826.47 0.00
2-B-4 0.00 199,634.45 1,608.43 0.00
2-B-5 0.00 100,786.33 812.02 0.00
2-B-6 0.00 150,460.42 1,212.24 0.00
SES 0.00 0.00 83,332.09 0.00
Totals 0.00 469,220,085.68 7,871,942.84 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-1 323,459,000.00 305,161,354.54 324,934.97 2,941,165.87 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 38,087,036.39 45,350.04 731,461.70 0.00 0.00
NC-2 8,261,500.00 7,617,407.28 9,070.01 146,292.34 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 94,071,845.58 382,476.11 904,873.75 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 2,084,926.60 3,882.39 28,446.31 0.00 0.00
1-B-1 8,610,000.00 8,547,965.87 9,086.52 0.00 0.00 0.00
1-B-2 4,005,000.00 3,976,144.40 4,226.66 0.00 0.00 0.00
1-B-3 2,001,000.00 1,986,583.01 2,111.75 0.00 0.00 0.00
1-B-4 2,003,000.00 1,988,568.60 2,113.86 0.00 0.00 0.00
1-B-5 1,401,000.00 1,390,905.94 1,478.54 0.00 0.00 0.00
1-B-6 1,603,186.00 1,591,635.22 1,691.91 0.00 0.00 0.00
2-B-1 1,137,000.00 1,106,364.13 4,498.24 0.00 0.00 0.00
2-B-2 362,000.00 352,246.10 1,432.16 0.00 0.00 0.00
2-B-3 362,000.00 352,246.10 1,432.16 0.00 0.00 0.00
2-B-4 206,000.00 200,449.44 814.98 0.00 0.00 0.00
2-B-5 104,000.00 101,197.77 411.45 0.00 0.00 0.00
2-B-6 155,258.00 151,074.65 614.24 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 503,801,317.59 474,767,951.62 795,625.99 4,752,239.97 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 3,266,100.85 301,895,253.69 0.93333391 3,266,100.85
CB-WIO 0.00 0.00 0.00000000 0.00
CB-R 0.00 0.00 0.00000000 0.00
NC-1 776,811.74 37,310,224.66 0.90323125 776,811.74
NC-2 155,362.35 7,462,044.93 0.90323124 155,362.35
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 1,287,349.86 92,784,495.72 0.92220109 1,287,349.86
2-A-WIO 0.00 0.00 0.00000000 0.00
A-PO 32,328.70 2,052,597.90 0.92803256 32,328.70
1-B-1 9,086.52 8,538,879.35 0.99173976 9,086.52
1-B-2 4,226.66 3,971,917.75 0.99173976 4,226.66
1-B-3 2,111.75 1,984,471.26 0.99173976 2,111.75
1-B-4 2,113.86 1,986,454.74 0.99173976 2,113.86
1-B-5 1,478.54 1,389,427.41 0.99173976 1,478.54
1-B-6 1,691.91 1,589,943.30 0.99173976 1,691.91
2-B-1 4,498.24 1,101,865.89 0.96909929 4,498.24
2-B-2 1,432.16 350,813.94 0.96909928 1,432.16
2-B-3 1,432.16 350,813.94 0.96909928 1,432.16
2-B-4 814.98 199,634.45 0.96909927 814.98
2-B-5 411.45 100,786.33 0.96909933 411.45
2-B-6 614.24 150,460.42 0.96909931 614.24
SES 0.00 0.00 0.00000000 0.00
Totals 5,547,865.97 469,220,085.68 0.93135939 5,547,865.97
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-1 323,459,000.00 943.43132991 1.00456308 9.09285526 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 41,307,500.00 922.03683084 1.09786455 17.70772136 0.00000000
NC-2 8,261,500.00 922.03683108 1.09786479 17.70772136 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-1 100,612,000.00 934.99627858 3.80149594 8.99369608 0.00000000
2-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 2,211,773.59 942.64919765 1.75532885 12.86131190 0.00000000
1-B-1 8,610,000.00 992.79510685 1.05534495 0.00000000 0.00000000
1-B-2 4,005,000.00 992.79510612 1.05534582 0.00000000 0.00000000
1-B-3 2,001,000.00 992.79510745 1.05534733 0.00000000 0.00000000
1-B-4 2,003,000.00 992.79510734 1.05534698 0.00000000 0.00000000
1-B-5 1,401,000.00 992.79510350 1.05534618 0.00000000 0.00000000
1-B-6 1,603,186.00 992.79510924 1.05534230 0.00000000 0.00000000
2-B-1 1,137,000.00 973.05552331 3.95623571 0.00000000 0.00000000
2-B-2 362,000.00 973.05552486 3.95624309 0.00000000 0.00000000
2-B-3 362,000.00 973.05552486 3.95624309 0.00000000 0.00000000
2-B-4 206,000.00 973.05553398 3.95621359 0.00000000 0.00000000
2-B-5 104,000.00 973.05548077 3.95625000 0.00000000 0.00000000
2-B-6 155,258.00 973.05549472 3.95625346 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 10.09741837 933.33391153 0.93333391 10.09741837
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 18.80558591 903.23124517 0.90323125 18.80558591
NC-2 0.00000000 18.80558615 903.23124493 0.90323124 18.80558615
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 12.79519202 922.20108655 0.92220109 12.79519202
2-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 0.00000000 14.61664076 928.03255689 0.92803256 14.61664076
1-B-1 0.00000000 1.05534495 991.73976190 0.99173976 1.05534495
1-B-2 0.00000000 1.05534582 991.73976280 0.99173976 1.05534582
1-B-3 0.00000000 1.05534733 991.73976012 0.99173976 1.05534733
1-B-4 0.00000000 1.05534698 991.73976036 0.99173976 1.05534698
1-B-5 0.00000000 1.05534618 991.73976445 0.99173976 1.05534618
1-B-6 0.00000000 1.05534230 991.73976070 0.99173976 1.05534230
2-B-1 0.00000000 3.95623571 969.09928760 0.96909929 3.95623571
2-B-2 0.00000000 3.95624309 969.09928177 0.96909928 3.95624309
2-B-3 0.00000000 3.95624309 969.09928177 0.96909928 3.95624309
2-B-4 0.00000000 3.95621359 969.09927184 0.96909927 3.95621359
2-B-5 0.00000000 3.95625000 969.09932692 0.96909933 3.95625000
2-B-6 0.00000000 3.95625346 969.09930567 0.96909931 3.95625346
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% 305,161,354.54 1,398,656.21 0.00 0.00
CB-WIO 0.00 0.39293% 253,905,921.31 83,140.12 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% 38,087,036.39 158,695.98 0.00 0.00
NC-2 8,261,500.00 8.00000% 7,617,407.28 50,782.72 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 0.32553% 49,582,038.21 13,450.26 0.00 0.00
2-A-1 100,612,000.00 4.75000% 94,071,845.58 372,367.72 0.00 0.00
2-A-WIO 0.00 0.55714% 81,630,810.24 37,900.00 0.00 0.00
A-PO 2,211,773.59 0.00000% 2,084,926.60 0.00 0.00 0.00
1-B-1 8,610,000.00 5.50000% 8,547,965.87 39,178.18 0.00 0.00
1-B-2 4,005,000.00 5.50000% 3,976,144.40 18,224.00 0.00 0.00
1-B-3 2,001,000.00 5.50000% 1,986,583.01 9,105.17 0.00 0.00
1-B-4 2,003,000.00 5.50000% 1,988,568.60 9,114.27 0.00 0.00
1-B-5 1,401,000.00 5.50000% 1,390,905.94 6,374.99 0.00 0.00
1-B-6 1,603,186.00 5.50000% 1,591,635.22 7,294.99 0.00 0.00
2-B-1 1,137,000.00 4.75000% 1,106,364.13 4,379.36 0.00 0.00
2-B-2 362,000.00 4.75000% 352,246.10 1,394.31 0.00 0.00
2-B-3 362,000.00 4.75000% 352,246.10 1,394.31 0.00 0.00
2-B-4 206,000.00 4.75000% 200,449.44 793.45 0.00 0.00
2-B-5 104,000.00 4.75000% 101,197.77 400.57 0.00 0.00
2-B-6 155,258.00 4.75000% 151,074.65 598.00 0.00 0.00
SES 0.00 0.00000% 474,767,952.22 0.00 0.00 0.00
Totals 503,801,317.59 2,240,744.62 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 (0.08) 0.00 1,398,656.29 0.00 301,895,253.69
CB-WIO 0.00 0.00 83,140.12 0.00 251,162,936.00
CB-R 0.00 0.00 0.00 0.00 0.00
NC-1 (0.01) 0.00 158,695.99 0.00 37,310,224.66
NC-2 0.00 0.00 50,782.72 0.00 7,462,044.93
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 13,450.26 0.00 48,652,574.79
2-A-1 (0.05) 0.00 372,367.78 0.00 92,784,495.72
2-A-WIO 0.00 0.00 37,900.00 0.00 80,400,933.64
A-PO 0.00 0.00 0.00 0.00 2,052,597.90
1-B-1 0.00 0.00 39,178.18 0.00 8,538,879.35
1-B-2 0.00 0.00 18,224.00 0.00 3,971,917.75
1-B-3 0.00 0.00 9,105.17 0.00 1,984,471.26
1-B-4 0.00 0.00 9,114.27 0.00 1,986,454.74
1-B-5 0.00 0.00 6,374.99 0.00 1,389,427.41
1-B-6 0.00 0.00 7,295.00 0.00 1,589,943.30
2-B-1 0.00 0.00 4,379.36 0.00 1,101,865.89
2-B-2 0.00 0.00 1,394.31 0.00 350,813.94
2-B-3 0.00 0.00 1,394.31 0.00 350,813.94
2-B-4 0.00 0.00 793.45 0.00 199,634.45
2-B-5 0.00 0.00 400.57 0.00 100,786.33
2-B-6 0.00 0.00 598.00 0.00 150,460.42
SES 0.00 0.00 83,332.09 0.00 469,220,086.28
Totals (0.14) 0.00 2,324,076.87 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% 943.43132991 4.32406027 0.00000000 0.00000000
CB-WIO 0.00 0.39293% 944.35687570 0.30922455 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% 922.03683084 3.84182001 0.00000000 0.00000000
NC-2 8,261,500.00 8.00000% 922.03683108 6.14691279 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 0.32553% 928.04807058 0.25175423 0.00000000 0.00000000
2-A-1 100,612,000.00 4.75000% 934.99627858 3.70102692 0.00000000 0.00000000
2-A-WIO 0.00 0.55714% 935.81973120 0.43448751 0.00000000 0.00000000
A-PO 2,211,773.59 0.00000% 942.64919765 0.00000000 0.00000000 0.00000000
1-B-1 8,610,000.00 5.50000% 992.79510685 4.55031127 0.00000000 0.00000000
1-B-2 4,005,000.00 5.50000% 992.79510612 4.55031211 0.00000000 0.00000000
1-B-3 2,001,000.00 5.50000% 992.79510745 4.55030985 0.00000000 0.00000000
1-B-4 2,003,000.00 5.50000% 992.79510734 4.55030954 0.00000000 0.00000000
1-B-5 1,401,000.00 5.50000% 992.79510350 4.55031406 0.00000000 0.00000000
1-B-6 1,603,186.00 5.50000% 992.79510924 4.55030795 0.00000000 0.00000000
2-B-1 1,137,000.00 4.75000% 973.05552331 3.85167986 0.00000000 0.00000000
2-B-2 362,000.00 4.75000% 973.05552486 3.85168508 0.00000000 0.00000000
2-B-3 362,000.00 4.75000% 973.05552486 3.85168508 0.00000000 0.00000000
2-B-4 206,000.00 4.75000% 973.05553398 3.85169903 0.00000000 0.00000000
2-B-5 104,000.00 4.75000% 973.05548077 3.85163462 0.00000000 0.00000000
2-B-6 155,258.00 4.75000% 973.05549472 3.85165338 0.00000000 0.00000000
SES 0.00 0.00000% 942.37139741 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 (0.00000025) 0.00000000 4.32406051 0.00000000 933.33391153
CB-WIO 0.00000000 0.00000000 0.30922455 0.00000000 934.15484093
CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 (0.00000024) 0.00000000 3.84182025 0.00000000 903.23124517
NC-2 0.00000000 0.00000000 6.14691279 0.00000000 903.23124493
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 0.25175423 0.00000000 910.65090893
2-A-1 (0.00000050) 0.00000000 3.70102751 0.00000000 922.20108655
2-A-WIO 0.00000000 0.00000000 0.43448751 0.00000000 921.72036374
A-PO 0.00000000 0.00000000 0.00000000 0.00000000 928.03255689
1-B-1 0.00000000 0.00000000 4.55031127 0.00000000 991.73976190
1-B-2 0.00000000 0.00000000 4.55031211 0.00000000 991.73976280
1-B-3 0.00000000 0.00000000 4.55030985 0.00000000 991.73976012
1-B-4 0.00000000 0.00000000 4.55030954 0.00000000 991.73976036
1-B-5 0.00000000 0.00000000 4.55031406 0.00000000 991.73976445
1-B-6 0.00000000 0.00000000 4.55031419 0.00000000 991.73976070
2-B-1 0.00000000 0.00000000 3.85167986 0.00000000 969.09928760
2-B-2 0.00000000 0.00000000 3.85168508 0.00000000 969.09928177
2-B-3 0.00000000 0.00000000 3.85168508 0.00000000 969.09928177
2-B-4 0.00000000 0.00000000 3.85169903 0.00000000 969.09927184
2-B-5 0.00000000 0.00000000 3.85163462 0.00000000 969.09932692
2-B-6 0.00000000 0.00000000 3.85165338 0.00000000 969.09930567
SES 0.00000000 0.00000000 0.16540665 0.00000000 931.35938585
<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 1,629,631.52 1,599,187.76 92.27239226%
NC-PO 0.00000% 0.00 0.00 57,599.83 57,525.10 98.88926193%
2-A-PO 0.00000% 0.00 0.00 397,695.26 395,885.04 94.14935825%
CB-SES 0.00000% 323,426,384.49 320,112,126.56 0.00 0.00 93.61414347%
NC-SES 0.00000% 54,608,448.39 53,673,203.68 0.00 0.00 91.75830664%
2-SES 0.00000% 96,733,119.34 95,434,756.04 0.00 0.00 92.33350939%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 7,867,328.34
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 26,176.91
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 0.00
Total Deposits 7,893,505.25
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 21,562.41
Payment of Interest and Principal 7,871,942.84
Total Withdrawals (Pool Distribution Amount) 7,893,505.25
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 19,781.99
Trustee Fee 1,780.42
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 21,562.41
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
356,934.48 0.00 0.00 356,934.48
30 Days 24 0 0 0 24
3,603,146.48 0.00 0.00 0.00 3,603,146.48
60 Days 4 0 0 0 4
364,419.95 0.00 0.00 0.00 364,419.95
90 Days 1 0 0 0 1
322,371.05 0.00 0.00 0.00 322,371.05
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 29 1 0 0 30
4,289,937.48 356,934.48 0.00 0.00 4,646,871.96
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 0.029472% 0.000000% 0.000000% 0.029472%
0.075960% 0.000000% 0.000000% 0.075960%
30 Days 0.707339% 0.000000% 0.000000% 0.000000% 0.707339%
0.766788% 0.000000% 0.000000% 0.000000% 0.766788%
60 Days 0.117890% 0.000000% 0.000000% 0.000000% 0.117890%
0.077552% 0.000000% 0.000000% 0.000000% 0.077552%
90 Days 0.029472% 0.000000% 0.000000% 0.000000% 0.029472%
0.068604% 0.000000% 0.000000% 0.000000% 0.068604%
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 0.854701% 0.029472% 0.000000% 0.000000% 0.884173%
0.912945% 0.075960% 0.000000% 0.000000% 0.988904%
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 23 0 0 0 23
3,495,481.88 0.00 0.00 0.00 3,495,481.88
60 Days 2 0 0 0 2
318,472.61 0.00 0.00 0.00 318,472.61
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 25 0 0 0 25
3,813,954.49 0.00 0.00 0.00 3,813,954.49
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.984589% 0.000000% 0.000000% 0.000000% 0.984589%
1.090930% 0.000000% 0.000000% 0.000000% 1.090930%
60 Days 0.085616% 0.000000% 0.000000% 0.000000% 0.085616%
0.099394% 0.000000% 0.000000% 0.000000% 0.099394%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 1.070205% 0.000000% 0.000000% 0.000000% 1.070205%
1.190324% 0.000000% 0.000000% 0.000000% 1.190324%
<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
356,934.48 0.00 0.00 356,934.48
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 1 0 0 0 1
322,371.05 0.00 0.00 0.00 322,371.05
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 1 1 0 0 2
322,371.05 356,934.48 0.00 0.00 679,305.53
0-29 Days 0.862069% 0.000000% 0.000000% 0.862069%
0.664357% 0.000000% 0.000000% 0.664357%
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 0.862069% 0.000000% 0.000000% 0.000000% 0.862069%
0.600025% 0.000000% 0.000000% 0.000000% 0.600025%
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 0.862069% 0.862069% 0.000000% 0.000000% 1.724138%
0.600025% 0.664357% 0.000000% 0.000000% 1.264382%
<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 1 0 0 0 1
107,664.60 0.00 0.00 0.00 107,664.60
60 Days 2 0 0 0 2
45,947.34 0.00 0.00 0.00 45,947.34
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 3 0 0 0 3
153,611.94 0.00 0.00 0.00 153,611.94
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.106270% 0.000000% 0.000000% 0.000000% 0.106270%
0.112430% 0.000000% 0.000000% 0.000000% 0.112430%
60 Days 0.212540% 0.000000% 0.000000% 0.000000% 0.212540%
0.047981% 0.000000% 0.000000% 0.000000% 0.047981%
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 0.318810% 0.000000% 0.000000% 0.000000% 0.318810%
0.160411% 0.000000% 0.000000% 0.000000% 0.160411%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 26,176.91
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 5.918095%
Weighted Average Net Coupon 5.668096%
Weighted Average Pass-Through Rate 5.663596%
Weighted Average Maturity(Stepdown Calculation ) 350
Beginning Scheduled Collateral Loan Count 3,418
Number Of Loans Paid In Full 25
Ending Scheduled Collateral Loan Count 3,393
Beginning Scheduled Collateral Balance 474,767,952.22
Ending Scheduled Collateral Balance 469,220,086.28
Ending Actual Collateral Balance at 29-Feb-2004 469,901,030.04
Monthly P &I Constant 3,137,061.05
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 469,220,086.28
Scheduled Principal 795,625.97
Unscheduled Principal 4,752,239.97
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 6.035260 6.044264 5.455132
Weighted Average Net Rate 5.785260 5.794264 5.205132
Weighted Average Maturity 349 352 168
Beginning Loan Count 2,354 118 946
Loans Paid In Full 18 2 5
Ending Loan Count 2,336 116 941
Beginning Scheduled Balance 323,426,384.49 54,608,448.39 96,733,119.34
Ending scheduled Balance 320,112,126.56 53,673,203.68 95,434,756.04
Record Date 02/29/2004 02/29/2004 02/29/2004
Principal And Interest Constant 1,971,319.49 332,547.23 833,194.33
Scheduled Principal 344,684.22 57,490.67 393,451.08
Unscheduled Principal 2,969,573.71 877,754.04 904,912.22
Scheduled Interest 1,626,635.27 275,056.56 439,743.25
Servicing Fees 67,380.50 11,376.77 20,152.73
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,212.86 204.80 362.76
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 1,558,041.91 263,474.99 419,227.76
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 5.780760 5.789764 5.200632
Group Level Collateral Statement
Group Total
Collateral Description Fixed
Weighted Average Coupon Rate 5.918095
Weighted Average Net Rate 5.668096
Weighted Average Maturity 350
Beginning Loan Count 3,418
Loans Paid In Full 25
Ending Loan Count 3,393
Beginning Scheduled Balance 474,767,952.22
Ending scheduled Balance 469,220,086.28
Record Date 02/29/2004
Principal And Interest Constant 3,137,061.05
Scheduled Principal 795,625.97
Unscheduled Principal 4,752,239.97
Scheduled Interest 2,341,435.08
Servicing Fees 98,910.00
Master Servicing Fees 0.00
Trustee Fee 1,780.42
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 2,240,744.66
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 5.663596
Miscellaneous Reporting
Group Group 1 CB
CPR 10.707074%
Group CB Subordinate Percentage 5.169536%
Group CB Subordinate Prepayment % 0.000000%
Group CB Senior Prepayment % 100.000000%
Group CB Senior Percentage 94.830464%
Group Group 1-NC
Group NC Subordinate Percentage 5.217893%
Group NC Subordinate Prepayment % 0.000000%
Group NC Senior Prepayment % 100.000000%
Group NC Senior Percentage 94.782107%
Group Group 2
Group 2 Subordinate Percentage 2.349684%
Group 2 Subordinate Prepayment % 0.000000%
Group 2 Senior Prepayment % 100.000000%
Group 2 Senior Percentage 97.650316%
Group