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 2004-2 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-26 54-2144738
Pooling and Servicing Agreement) (Commission 54-2144739
(State or other File Number) 54-2144740
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 March 25, 2004 a distribution was made to holders of BANC OF AMERICA
ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2004-2
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 2004-2 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 2004-2 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: 4/6/2004
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2004-2 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: 2004-2
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>
1A1 05948KLW7 SEQ 6.00000% 117,132,000.00 585,660.18 414,575.63
1AR 05948KLX5 SEQ 6.00000% 50.00 0.25 50.00
1AMR 05948KLY3 SEQ 6.00000% 25.00 0.13 25.00
1ALR 05948KLZ0 SEQ 6.00000% 25.00 0.13 25.00
2A1 05948KMA4 SEQ 5.00000% 26,400,000.00 110,000.03 147,519.08
2A2 05948KMB2 SEQ 5.25000% 14,114,000.00 61,748.77 0.00
2A3 05948KMC0 SEQ 6.00000% 2,211,000.00 11,055.00 0.00
2A4 05948KMD8 SEQ 1.49125% 13,200,000.00 16,403.76 73,759.54
2A5 05948KME6 IO 6.50875% 0.00 71,596.27 0.00
2A6 05948KMF3 IO 0.75000% 0.00 8,821.25 0.00
2A7 05948KMG1 SEQ 6.00000% 3,130,000.00 15,650.00 0.00
CBIO 05948KMH9 IO 0.25787% 0.00 13,819.46 0.00
3A1 05948KMJ5 SEQ 6.00000% 29,837,000.00 149,185.05 28,884.76
3IO 05948KMK2 IO 0.24756% 0.00 2,059.45 0.00
4A1 05948KML0 SEQ 4.75000% 36,738,000.00 145,421.33 605,381.44
5A1 05948KMM8 SEQ 5.50000% 35,655,000.00 163,418.84 213,847.69
15IO 05948KMN6 IO 0.33213% 0.00 13,336.92 0.00
PO 05948KMP1 PO 0.00000% 6,537,180.00 0.00 9,691.63
15B1 05948KMU0 SUB 5.11956% 1,043,000.00 4,449.75 3,893.53
15B2 05948KMV8 SUB 5.11956% 149,000.00 635.68 556.22
15B3 05948KMW6 SUB 5.11956% 224,000.00 955.65 836.19
15B4 05948KNB1 SUB 5.11956% 111,000.00 473.56 414.36
15B5 05948KNC9 SUB 5.11956% 75,000.00 319.97 279.98
15B6 05948KND7 SUB 5.11956% 112,209.00 478.72 418.88
30B1 05948KMR7 SUB 5.50000% 4,798,000.00 21,990.84 4,817.57
30B2 05948KMS5 SUB 5.50000% 2,120,000.00 9,716.67 2,128.65
30B3 05948KMT3 SUB 5.50000% 1,227,000.00 5,623.75 1,232.00
30B4 05948KMY2 SUB 6.00000% 1,115,000.00 5,575.00 1,119.55
30B5 05948KMZ9 SUB 6.00000% 670,000.00 3,350.00 672.73
30B6 05948KNA3 SUB 6.00000% 1,004,198.00 5,020.99 1,008.29
30BIO 05948KMQ9 IO 0.50000% 0.00 3,393.75 0.00
SES 05948KMX4 IO 0.00000% 0.00 52,910.47 0.00
Totals 297,602,687.00 1,483,071.62 1,511,137.72
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1A1 0.00 116,717,424.37 1,000,235.81 0.00
1AR 0.00 0.00 50.25 0.00
1AMR 0.00 0.00 25.13 0.00
1ALR 0.00 0.00 25.13 0.00
2A1 0.00 26,252,480.92 257,519.11 0.00
2A2 0.00 14,114,000.00 61,748.77 0.00
2A3 0.00 2,211,000.00 11,055.00 0.00
2A4 0.00 13,126,240.46 90,163.30 0.00
2A5 0.00 0.00 71,596.27 0.00
2A6 0.00 0.00 8,821.25 0.00
2A7 0.00 3,130,000.00 15,650.00 0.00
CBIO 0.00 0.00 13,819.46 0.00
3A1 0.00 29,808,115.24 178,069.81 0.00
3IO 0.00 0.00 2,059.45 0.00
4A1 0.00 36,132,618.56 750,802.77 0.00
5A1 0.00 35,441,152.31 377,266.53 0.00
15IO 0.00 0.00 13,336.92 0.00
PO 0.00 6,527,488.37 9,691.63 0.00
15B1 0.00 1,039,106.47 8,343.28 0.00
15B2 0.00 148,443.78 1,191.90 0.00
15B3 0.00 223,163.81 1,791.84 0.00
15B4 0.00 110,585.64 887.92 0.00
15B5 0.00 74,720.02 599.95 0.00
15B6 0.00 111,790.12 897.60 0.00
30B1 0.00 4,793,182.43 26,808.41 0.00
30B2 0.00 2,117,871.35 11,845.32 0.00
30B3 0.00 1,225,768.00 6,855.75 0.00
30B4 0.00 1,113,880.45 6,694.55 0.00
30B5 0.00 669,327.27 4,022.73 0.00
30B6 0.00 1,003,189.71 6,029.28 0.00
30BIO 0.00 0.00 3,393.75 0.00
SES 0.00 0.00 52,910.47 0.00
Totals 0.00 296,091,549.28 2,994,209.34 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>
1A1 117,132,000.00 117,132,000.00 120,314.02 294,261.61 0.00 0.00
1AR 50.00 50.00 14.51 35.49 0.00 0.00
1AMR 25.00 25.00 7.26 17.74 0.00 0.00
1ALR 25.00 25.00 7.26 17.74 0.00 0.00
2A1 26,400,000.00 26,400,000.00 38,477.69 109,041.39 0.00 0.00
2A2 14,114,000.00 14,114,000.00 0.00 0.00 0.00 0.00
2A3 2,211,000.00 2,211,000.00 0.00 0.00 0.00 0.00
2A4 13,200,000.00 13,200,000.00 19,238.85 54,520.69 0.00 0.00
2A5 0.00 0.00 0.00 0.00 0.00 0.00
2A6 0.00 0.00 0.00 0.00 0.00 0.00
2A7 3,130,000.00 3,130,000.00 0.00 0.00 0.00 0.00
CBIO 0.00 0.00 0.00 0.00 0.00 0.00
3A1 29,837,000.00 29,837,000.00 28,829.46 55.30 0.00 0.00
3IO 0.00 0.00 0.00 0.00 0.00 0.00
4A1 36,738,000.00 36,738,000.00 139,237.85 466,143.60 0.00 0.00
5A1 35,655,000.00 35,655,000.00 131,007.97 82,839.72 0.00 0.00
15IO 0.00 0.00 0.00 0.00 0.00 0.00
PO 6,537,180.00 6,537,180.00 8,194.21 1,497.42 0.00 0.00
15B1 1,043,000.00 1,043,000.00 3,893.53 0.00 0.00 0.00
15B2 149,000.00 149,000.00 556.22 0.00 0.00 0.00
15B3 224,000.00 224,000.00 836.19 0.00 0.00 0.00
15B4 111,000.00 111,000.00 414.36 0.00 0.00 0.00
15B5 75,000.00 75,000.00 279.98 0.00 0.00 0.00
15B6 112,209.00 112,209.00 418.88 0.00 0.00 0.00
30B1 4,798,000.00 4,798,000.00 4,817.57 0.00 0.00 0.00
30B2 2,120,000.00 2,120,000.00 2,128.65 0.00 0.00 0.00
30B3 1,227,000.00 1,227,000.00 1,232.00 0.00 0.00 0.00
30B4 1,115,000.00 1,115,000.00 1,119.55 0.00 0.00 0.00
30B5 670,000.00 670,000.00 672.73 0.00 0.00 0.00
30B6 1,004,198.00 1,004,198.00 1,008.29 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 297,602,687.00 297,602,687.00 502,707.03 1,008,430.70 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>
1A1 414,575.63 116,717,424.37 0.99646061 414,575.63
1AR 50.00 0.00 0.00000000 50.00
1AMR 25.00 0.00 0.00000000 25.00
1ALR 25.00 0.00 0.00000000 25.00
2A1 147,519.08 26,252,480.92 0.99441216 147,519.08
2A2 0.00 14,114,000.00 1.00000000 0.00
2A3 0.00 2,211,000.00 1.00000000 0.00
2A4 73,759.54 13,126,240.46 0.99441216 73,759.54
2A5 0.00 0.00 0.00000000 0.00
2A6 0.00 0.00 0.00000000 0.00
2A7 0.00 3,130,000.00 1.00000000 0.00
CBIO 0.00 0.00 0.00000000 0.00
3A1 28,884.76 29,808,115.24 0.99903191 28,884.76
3IO 0.00 0.00 0.00000000 0.00
4A1 605,381.44 36,132,618.56 0.98352165 605,381.44
5A1 213,847.69 35,441,152.31 0.99400231 213,847.69
15IO 0.00 0.00 0.00000000 0.00
PO 9,691.63 6,527,488.37 0.99851746 9,691.63
15B1 3,893.53 1,039,106.47 0.99626699 3,893.53
15B2 556.22 148,443.78 0.99626698 556.22
15B3 836.19 223,163.81 0.99626701 836.19
15B4 414.36 110,585.64 0.99626703 414.36
15B5 279.98 74,720.02 0.99626693 279.98
15B6 418.88 111,790.12 0.99626697 418.88
30B1 4,817.57 4,793,182.43 0.99899592 4,817.57
30B2 2,128.65 2,117,871.35 0.99899592 2,128.65
30B3 1,232.00 1,225,768.00 0.99899593 1,232.00
30B4 1,119.55 1,113,880.45 0.99899592 1,119.55
30B5 672.73 669,327.27 0.99899593 672.73
30B6 1,008.29 1,003,189.71 0.99899593 1,008.29
SES 0.00 0.00 0.00000000 0.00
Totals 1,511,137.72 296,091,549.28 0.99492230 1,511,137.72
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>
1A1 117,132,000.00 1000.00000000 1.02716610 2.51222219 0.00000000
1AR 50.00 1000.00000000 290.20000000 709.80000000 0.00000000
1AMR 25.00 1000.00000000 290.40000000 709.60000000 0.00000000
1ALR 25.00 1000.00000000 290.40000000 709.60000000 0.00000000
2A1 26,400,000.00 1000.00000000 1.45748826 4.13035568 0.00000000
2A2 14,114,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2A3 2,211,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2A4 13,200,000.00 1000.00000000 1.45748864 4.13035530 0.00000000
2A5 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2A6 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2A7 3,130,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
CBIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
3A1 29,837,000.00 1000.00000000 0.96623186 0.00185340 0.00000000
3IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
4A1 36,738,000.00 1000.00000000 3.79002259 12.68832272 0.00000000
5A1 35,655,000.00 1000.00000000 3.67432254 2.32336895 0.00000000
15IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 6,537,180.00 1000.00000000 1.25347780 0.22906207 0.00000000
15B1 1,043,000.00 1000.00000000 3.73301055 0.00000000 0.00000000
15B2 149,000.00 1000.00000000 3.73302013 0.00000000 0.00000000
15B3 224,000.00 1000.00000000 3.73299107 0.00000000 0.00000000
15B4 111,000.00 1000.00000000 3.73297297 0.00000000 0.00000000
15B5 75,000.00 1000.00000000 3.73306667 0.00000000 0.00000000
15B6 112,209.00 1000.00000000 3.73303389 0.00000000 0.00000000
30B1 4,798,000.00 1000.00000000 1.00407878 0.00000000 0.00000000
30B2 2,120,000.00 1000.00000000 1.00408019 0.00000000 0.00000000
30B3 1,227,000.00 1000.00000000 1.00407498 0.00000000 0.00000000
30B4 1,115,000.00 1000.00000000 1.00408072 0.00000000 0.00000000
30B5 670,000.00 1000.00000000 1.00407463 0.00000000 0.00000000
30B6 1,004,198.00 1000.00000000 1.00407489 0.00000000 0.00000000
30BIO 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>
1A1 0.00000000 3.53938830 996.46061170 0.99646061 3.53938830
1AR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000
1AMR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000
1ALR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000
2A1 0.00000000 5.58784394 994.41215606 0.99441216 5.58784394
2A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2A3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2A4 0.00000000 5.58784394 994.41215606 0.99441216 5.58784394
2A5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2A6 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2A7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
CBIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
3A1 0.00000000 0.96808526 999.03191474 0.99903191 0.96808526
3IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
4A1 0.00000000 16.47834504 983.52165496 0.98352165 16.47834504
5A1 0.00000000 5.99769149 994.00230851 0.99400231 5.99769149
15IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 1.48253987 998.51746013 0.99851746 1.48253987
15B1 0.00000000 3.73301055 996.26698945 0.99626699 3.73301055
15B2 0.00000000 3.73302013 996.26697987 0.99626698 3.73302013
15B3 0.00000000 3.73299107 996.26700893 0.99626701 3.73299107
15B4 0.00000000 3.73297297 996.26702703 0.99626703 3.73297297
15B5 0.00000000 3.73306667 996.26693333 0.99626693 3.73306667
15B6 0.00000000 3.73303389 996.26696611 0.99626697 3.73303389
30B1 0.00000000 1.00407878 998.99592122 0.99899592 1.00407878
30B2 0.00000000 1.00408019 998.99591981 0.99899592 1.00408019
30B3 0.00000000 1.00407498 998.99592502 0.99899593 1.00407498
30B4 0.00000000 1.00408072 998.99591928 0.99899592 1.00408072
30B5 0.00000000 1.00407463 998.99592537 0.99899593 1.00407463
30B6 0.00000000 1.00407489 998.99592511 0.99899593 1.00407489
30BIO 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>
1A1 117,132,000.00 6.00000% 117,132,000.00 585,660.00 0.00 0.00
1AR 50.00 6.00000% 50.00 0.25 0.00 0.00
1AMR 25.00 6.00000% 25.00 0.13 0.00 0.00
1ALR 25.00 6.00000% 25.00 0.13 0.00 0.00
2A1 26,400,000.00 5.00000% 26,400,000.00 110,000.00 0.00 0.00
2A2 14,114,000.00 5.25000% 14,114,000.00 61,748.75 0.00 0.00
2A3 2,211,000.00 6.00000% 2,211,000.00 11,055.00 0.00 0.00
2A4 13,200,000.00 1.49125% 13,200,000.00 16,403.75 0.00 0.00
2A5 0.00 6.50875% 13,200,000.00 71,596.25 0.00 0.00
2A6 0.00 0.75000% 14,114,000.00 8,821.25 0.00 0.00
2A7 3,130,000.00 6.00000% 3,130,000.00 15,650.00 0.00 0.00
CBIO 0.00 0.25787% 64,308,844.38 13,819.45 0.00 0.00
3A1 29,837,000.00 6.00000% 29,837,000.00 149,185.00 0.00 0.00
3IO 0.00 0.24756% 9,982,706.00 2,059.45 0.00 0.00
4A1 36,738,000.00 4.75000% 36,738,000.00 145,421.25 0.00 0.00
5A1 35,655,000.00 5.50000% 35,655,000.00 163,418.75 0.00 0.00
15IO 0.00 0.33213% 48,187,277.71 13,336.91 0.00 0.00
PO 6,537,180.00 0.00000% 6,537,180.00 0.00 0.00 0.00
15B1 1,043,000.00 5.11956% 1,043,000.00 4,449.75 0.00 0.00
15B2 149,000.00 5.11956% 149,000.00 635.68 0.00 0.00
15B3 224,000.00 5.11956% 224,000.00 955.65 0.00 0.00
15B4 111,000.00 5.11956% 111,000.00 473.56 0.00 0.00
15B5 75,000.00 5.11956% 75,000.00 319.97 0.00 0.00
15B6 112,209.00 5.11956% 112,209.00 478.72 0.00 0.00
30B1 4,798,000.00 5.50000% 4,798,000.00 21,990.83 0.00 0.00
30B2 2,120,000.00 5.50000% 2,120,000.00 9,716.67 0.00 0.00
30B3 1,227,000.00 5.50000% 1,227,000.00 5,623.75 0.00 0.00
30B4 1,115,000.00 6.00000% 1,115,000.00 5,575.00 0.00 0.00
30B5 670,000.00 6.00000% 670,000.00 3,350.00 0.00 0.00
30B6 1,004,198.00 6.00000% 1,004,198.00 5,020.99 0.00 0.00
30BIO 0.00 0.50000% 8,145,000.00 3,393.75 0.00 0.00
SES 0.00 0.00000% 297,602,688.07 0.00 0.00 0.00
Totals 297,602,687.00 1,430,160.64 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>
1A1 (0.18) 0.00 585,660.18 0.00 116,717,424.37
1AR 0.00 0.00 0.25 0.00 0.00
1AMR 0.00 0.00 0.13 0.00 0.00
1ALR 0.00 0.00 0.13 0.00 0.00
2A1 (0.03) 0.00 110,000.03 0.00 26,252,480.92
2A2 (0.02) 0.00 61,748.77 0.00 14,114,000.00
2A3 0.00 0.00 11,055.00 0.00 2,211,000.00
2A4 (0.01) 0.00 16,403.76 0.00 13,126,240.46
2A5 (0.02) 0.00 71,596.27 0.00 13,126,240.46
2A6 0.00 0.00 8,821.25 0.00 14,114,000.00
2A7 0.00 0.00 15,650.00 0.00 3,130,000.00
CBIO 0.00 0.00 13,819.46 0.00 63,810,911.55
3A1 (0.05) 0.00 149,185.05 0.00 29,808,115.24
3IO 0.00 0.00 2,059.45 0.00 9,973,603.77
4A1 (0.08) 0.00 145,421.33 0.00 36,132,618.56
5A1 (0.09) 0.00 163,418.84 0.00 35,441,152.31
15IO (0.01) 0.00 13,336.92 0.00 47,465,483.07
PO 0.00 0.00 0.00 0.00 6,527,488.37
15B1 0.00 0.00 4,449.75 0.00 1,039,106.47
15B2 0.00 0.00 635.68 0.00 148,443.78
15B3 0.00 0.00 955.65 0.00 223,163.81
15B4 0.00 0.00 473.56 0.00 110,585.64
15B5 0.00 0.00 319.97 0.00 74,720.02
15B6 0.00 0.00 478.72 0.00 111,790.12
30B1 (0.01) 0.00 21,990.84 0.00 4,793,182.43
30B2 0.00 0.00 9,716.67 0.00 2,117,871.35
30B3 0.00 0.00 5,623.75 0.00 1,225,768.00
30B4 0.00 0.00 5,575.00 0.00 1,113,880.45
30B5 0.00 0.00 3,350.00 0.00 669,327.27
30B6 0.00 0.00 5,020.99 0.00 1,003,189.71
30BIO 0.00 0.00 3,393.75 0.00 8,136,821.78
SES 0.00 0.00 52,910.47 0.00 296,091,550.34
Totals (0.50) 0.00 1,483,071.62 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>
1A1 117,132,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
1AR 50.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
1AMR 25.00 6.00000% 1000.00000000 5.20000000 0.00000000 0.00000000
1ALR 25.00 6.00000% 1000.00000000 5.20000000 0.00000000 0.00000000
2A1 26,400,000.00 5.00000% 1000.00000000 4.16666667 0.00000000 0.00000000
2A2 14,114,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000
2A3 2,211,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
2A4 13,200,000.00 1.49125% 1000.00000000 1.24270833 0.00000000 0.00000000
2A5 0.00 6.50875% 1000.00000000 5.42395833 0.00000000 0.00000000
2A6 0.00 0.75000% 1000.00000000 0.62500000 0.00000000 0.00000000
2A7 3,130,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
CBIO 0.00 0.25787% 1000.00000000 0.21489190 0.00000000 0.00000000
3A1 29,837,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
3IO 0.00 0.24756% 1000.00000000 0.20630178 0.00000000 0.00000000
4A1 36,738,000.00 4.75000% 1000.00000000 3.95833333 0.00000000 0.00000000
5A1 35,655,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
15IO 0.00 0.33213% 1000.00000000 0.27677243 0.00000000 0.00000000
PO 6,537,180.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
15B1 1,043,000.00 5.11956% 1000.00000000 4.26629914 0.00000000 0.00000000
15B2 149,000.00 5.11956% 1000.00000000 4.26630872 0.00000000 0.00000000
15B3 224,000.00 5.11956% 1000.00000000 4.26629464 0.00000000 0.00000000
15B4 111,000.00 5.11956% 1000.00000000 4.26630631 0.00000000 0.00000000
15B5 75,000.00 5.11956% 1000.00000000 4.26626667 0.00000000 0.00000000
15B6 112,209.00 5.11956% 1000.00000000 4.26632445 0.00000000 0.00000000
30B1 4,798,000.00 5.50000% 1000.00000000 4.58333264 0.00000000 0.00000000
30B2 2,120,000.00 5.50000% 1000.00000000 4.58333491 0.00000000 0.00000000
30B3 1,227,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
30B4 1,115,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
30B5 670,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
30B6 1,004,198.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
30BIO 0.00 0.50000% 1000.00000000 0.41666667 0.00000000 0.00000000
SES 0.00 0.00000% 1000.00000000 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>
1A1 (0.00000154) 0.00000000 5.00000154 0.00000000 996.46061170
1AR 0.00000000 0.00000000 5.00000000 0.00000000 0.00000000
1AMR 0.00000000 0.00000000 5.20000000 0.00000000 0.00000000
1ALR 0.00000000 0.00000000 5.20000000 0.00000000 0.00000000
2A1 (0.00000114) 0.00000000 4.16666780 0.00000000 994.41215606
2A2 (0.00000142) 0.00000000 4.37500142 0.00000000 1000.00000000
2A3 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000
2A4 (0.00000076) 0.00000000 1.24270909 0.00000000 994.41215606
2A5 (0.00000152) 0.00000000 5.42395985 0.00000000 994.41215606
2A6 0.00000000 0.00000000 0.62500000 0.00000000 1000.00000000
2A7 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000
CBIO 0.00000000 0.00000000 0.21489206 0.00000000 992.25716408
3A1 (0.00000168) 0.00000000 5.00000168 0.00000000 999.03191474
3IO 0.00000000 0.00000000 0.20630178 0.00000000 999.08820013
4A1 (0.00000218) 0.00000000 3.95833551 0.00000000 983.52165496
5A1 (0.00000252) 0.00000000 4.58333586 0.00000000 994.00230851
15IO (0.00000021) 0.00000000 0.27677264 0.00000000 985.02105381
PO 0.00000000 0.00000000 0.00000000 0.00000000 998.51746013
15B1 0.00000000 0.00000000 4.26629914 0.00000000 996.26698945
15B2 0.00000000 0.00000000 4.26630872 0.00000000 996.26697987
15B3 0.00000000 0.00000000 4.26629464 0.00000000 996.26700893
15B4 0.00000000 0.00000000 4.26630631 0.00000000 996.26702703
15B5 0.00000000 0.00000000 4.26626667 0.00000000 996.26693333
15B6 0.00000000 0.00000000 4.26632445 0.00000000 996.26696611
30B1 (0.00000208) 0.00000000 4.58333472 0.00000000 998.99592122
30B2 0.00000000 0.00000000 4.58333491 0.00000000 998.99591981
30B3 0.00000000 0.00000000 4.58333333 0.00000000 998.99592502
30B4 0.00000000 0.00000000 5.00000000 0.00000000 998.99591928
30B5 0.00000000 0.00000000 5.00000000 0.00000000 998.99592537
30B6 0.00000000 0.00000000 5.00000000 0.00000000 998.99592511
30BIO 0.00000000 0.00000000 0.41666667 0.00000000 998.99592142
SES 0.00000000 0.00000000 0.17778895 0.00000000 994.92229812
<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>
CBIO-1 0.22689% 46,991,257.21 46,666,598.47 0.00 0.00 99.30910821%
CBIO-2 0.34194% 17,317,587.17 17,144,313.08 0.00 0.00 98.99943284%
3IO-1 0.24756% 9,982,706.00 9,973,603.77 0.00 0.00 99.90882001%
15IO-1 0.37179% 30,923,939.22 30,342,843.56 0.00 0.00 98.12088733%
15IO-2 0.26108% 17,263,338.49 17,122,639.51 0.00 0.00 99.18498395%
PO-1 0.00000% 0.00 0.00 3,001,918.00 2,997,351.22 99.84787126%
PO-2 0.00000% 0.00 0.00 2,277,079.00 2,274,327.13 99.87914912%
PO-3 0.00000% 0.00 0.00 875,983.00 875,093.92 99.89850488%
PO-4 0.00000% 0.00 0.00 171,925.00 171,223.48 99.59196161%
PO-5 0.00000% 0.00 0.00 210,275.00 209,492.61 99.62792058%
30BIO-1 0.50000% 4,798,000.00 4,793,182.43 0.00 0.00 99.89959212%
30BIO-2 0.50000% 2,120,000.00 2,117,871.35 0.00 0.00 99.89959198%
30BIO-3 0.50000% 1,227,000.00 1,225,768.00 0.00 0.00 99.89959250%
SES-1 0.00000% 126,324,326.48 125,898,724.07 0.00 0.00 99.66308753%
SES-2 0.00000% 64,492,957.87 64,265,838.14 0.00 0.00 99.64783794%
SES-3 0.00000% 32,295,994.09 32,264,690.70 0.00 0.00 99.90307346%
SES-4 0.00000% 37,779,472.45 37,170,093.89 0.00 0.00 98.38701146%
SES-5 0.00000% 36,709,937.18 36,492,203.54 0.00 0.00 99.40688092%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 3,006,609.45
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 3,006,609.45
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 14,260.15
Payment of Interest and Principal 2,994,209.34
Total Withdrawals (Pool Distribution Amount) 3,008,469.49
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 12,400.11
Trustee Fee 1,860.04
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 14,260.15
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 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
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 0.000000% 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%
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 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 2 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 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 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 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 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 5 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%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 0.00
COLLATERAL STATEMENT
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 6.024226%
Weighted Average Pass-Through Rate 5.766726%
Weighted Average Maturity(Stepdown Calculation ) 355
Beginning Scheduled Collateral Loan Count 2,180
Number Of Loans Paid In Full 5
Ending Scheduled Collateral Loan Count 2,175
Beginning Scheduled Collateral Balance 297,602,687.00
Ending Scheduled Collateral Balance 296,091,550.34
Ending Actual Collateral Balance at 29-Feb-2004 296,496,484.49
Monthly P &I Constant 1,996,728.68
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Class A Non-PO Optimal Amount 2,842,552.85
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 296,091,550.34
Scheduled Principal 502,707.02
Unscheduled Principal 1,008,430.71
Group Level Collateral Statement
Group Group 1 Group 2 Group 3
Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM
Weighted Average Coupon Rate 6.199320 6.137474 6.171281
Weighted Average Net Rate 5.949321 5.887474 5.921281
Weighted Average Maturity 352 358 358
Beginning Loan Count 1,016 398 58
Loans Paid In Full 3 1 0
Ending Loan Count 1,013 397 58
Beginning Scheduled Balance 126,324,326.48 64,492,957.87 32,295,994.09
Ending scheduled Balance 125,898,724.07 64,265,838.14 32,264,690.70
Record Date 02/29/2004 02/29/2004 02/29/2004
Principal And Interest Constant 782,788.88 393,030.22 197,337.52
Scheduled Principal 130,184.73 63,177.00 31,247.81
Unscheduled Principal 295,417.68 163,942.73 55.58
Scheduled Interest 652,604.15 329,853.22 166,089.71
Servicing Fees 26,317.54 13,436.03 6,728.33
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 789.53 403.07 201.85
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 625,497.08 316,014.12 159,159.53
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 5.941820 5.879974 5.913781
Group Level Collateral Statement
Group Group 4 Group 5 Total
Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed Fixed & Arm
Weighted Average Coupon Rate 5.290210 5.848775 6.024226
Weighted Average Net Rate 5.040210 5.598774 5.774227
Weighted Average Maturity 176 174 355
Beginning Loan Count 311 397 2,180
Loans Paid In Full 1 0 5
Ending Loan Count 310 397 2,175
Beginning Scheduled Balance 37,779,472.45 36,709,937.18 297,602,688.07
Ending scheduled Balance 37,170,093.89 36,492,203.54 296,091,550.34
Record Date 02/29/2004 02/29/2004 02/29/2004
Principal And Interest Constant 309,771.43 313,800.63 1,996,728.68
Scheduled Principal 143,220.31 134,877.17 502,707.02
Unscheduled Principal 466,158.25 82,856.47 1,008,430.71
Scheduled Interest 166,551.12 178,923.46 1,494,021.66
Servicing Fees 7,870.73 7,647.91 62,000.54
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 236.14 229.45 1,860.04
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 158,444.25 171,046.10 1,430,161.08
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 5.032710 5.591275 5.766726
Miscellaneous Reporting
Group Group 1
CPR 2.773285%
Subordinate Percentage 5.019613%
Subordinate Prepayment Percentage 0.000000%
Recoveries 0.00
Senior Prepayment Percentage 100.000000%
Senior Percentage 94.980387%
Group Group 2
CPR 3.011050%
Subordinate Percentage 5.080500%
Subordinate Prepayment Percentage 0.000000%
Recoveries 0.00
Senior Prepayment Percentage 100.000000%
Senior Percentage 94.919500%
Group Group 3
CPR 0.002067%
Subordinate Percentage 5.038224%
Subordinate Prepayment Percentage 0.000000%
Recoveries 0.00
Senior Prepayment Percentage 100.000000%
Senior Percentage 94.961776%
Miscellaneous Reporting
Group Group 4
CPR 13.891214%
Subordinate Percentage 2.312160%
Subordinate Prepayment Percentage 0.000000%
Recoveries 0.00
Senior Prepayment Percentage 100.000000%
Senior Percentage 97.687840%
Group Group 5
CPR 2.684842%
Subordinate Percentage 2.314164%
Subordinate Prepayment Percentage 0.000000%
Recoveries 0.00
Senior Prepayment Percentage 100.000000%
Senior Percentage 97.685836%
Group