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): May 25, 2004
BANC OF AMERICA ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-10 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-17 54-2135813
Pooling and Servicing Agreement) (Commission 54-2135814
(State or other File Number) IRS EIN
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 May 25, 2004 a distribution was made to holders of BANC OF AMERICA
ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-10
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 2003-10 Trust, relating to the
May 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 2003-10 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: 5/28/04
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2003-10 Trust,
relating to the May 25, 2004 distribution.
EX-99.1
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 4/30/04
Distribution Date: 5/25/04
BAA Series: 2003-10
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 05948KGY9 SEN 5.50000% 60,675,917.94 278,097.96 1,381,791.81
1-A-R 05948KGZ6 SEN 5.50000% 0.00 0.00 0.00
1-A-LR 05948KHA0 SEN 5.50000% 0.00 0.00 0.00
2-A-1 05948KHB8 SEN 6.00000% 34,201,866.14 171,009.33 1,390,335.05
2-A-2 05948KHC6 SEN 1.55000% 61,466,910.48 79,394.76 2,685,179.10
2-A-3 05948KHD4 SEN 16.68000% 25,611,213.17 355,995.86 1,118,824.65
2-A-4 05948KHE2 SEN 6.00000% 5,787,543.32 28,937.72 (28,937.72)
3-A-1 05948KHF9 SEN 5.50000% 81,952,992.49 375,617.88 2,190,103.02
CB-IO 05948KHG7 IO 0.41218% 0.00 64,992.59 0.00
4-A-1 05948KHH5 SEN 5.50000% 25,757,379.12 117,940.96 2,669,394.81
4-A-2 05948KHJ1 SEN 5.50000% 2,341,000.00 10,719.25 0.00
4-A-3 05948KHK8 SEN 5.50000% 2,341,000.00 10,719.25 0.00
4-IO 05948KHL6 IO 0.55390% 0.00 11,466.43 0.00
5-A-1 05948KHM4 SEN 4.50000% 69,626,690.00 261,100.09 1,526,861.25
5-A-2 05948KHN2 SEN 4.50000% 1,283,158.43 4,811.84 28,138.70
6-A-1 05948KHP7 SEN 5.25000% 1,584,706.88 6,933.09 26,574.64
6-A-2 05948KHQ5 SEN 5.50000% 43,304,629.08 198,479.55 726,194.10
6-A-3 05948KHR3 SEN 5.00000% 43,304,629.08 180,435.95 726,194.10
15-IO 05948KHS1 IO 0.38784% 0.00 35,042.16 0.00
PO 05948KHT9 PO 0.00000% 5,306,552.14 0.00 52,737.63
15-B-1 05948KHX0 SUB 4.91811% 1,914,676.91 7,847.15 7,774.31
15-B-2 05948KHY8 SUB 4.91811% 583,324.51 2,390.71 2,368.52
15-B-3 05948KHZ5 SUB 4.91811% 582,344.13 2,386.69 2,364.54
15-B-4 05948KJE0 SUB 4.91811% 249,996.22 1,024.59 1,015.08
15-B-5 05948KJF7 SUB 4.91811% 166,664.14 683.06 676.72
15-B-6 05948KJG5 SUB 4.91811% 249,926.62 1,024.30 1,014.79
30-B-1 05948KHU6 SUB 5.71026% 7,708,730.52 36,678.87 8,233.51
30-B-2 05948KHV4 SUB 5.71026% 3,351,492.21 15,946.72 3,579.65
30-B-3 05948KHW2 SUB 5.71026% 1,676,243.51 7,975.72 1,790.35
30-B-4 05948KJB6 SUB 5.71026% 1,675,248.70 7,970.99 1,789.29
30-B-5 05948KJC4 SUB 5.71026% 1,172,873.05 5,580.64 1,252.72
30-B-6 05948KJD2 SUB 5.71026% 1,341,016.71 6,380.69 1,432.30
SES 05948KJA8 SEN 0.00000% 0.00 86,852.20 0.00
Totals 485,218,725.50 2,374,437.00 14,526,682.92
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 59,294,126.13 1,659,889.77 0.00
1-A-R 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.00 0.00
2-A-1 0.00 32,811,531.09 1,561,344.38 0.00
2-A-2 0.00 58,781,729.55 2,764,573.86 0.00
2-A-3 0.00 24,492,388.53 1,474,820.51 0.00
2-A-4 0.00 5,816,481.04 0.00 0.00
3-A-1 0.00 79,762,889.47 2,565,720.90 0.00
CB-IO 0.00 0.00 64,992.59 0.00
4-A-1 0.00 23,087,984.31 2,787,335.77 0.00
4-A-2 0.00 2,341,000.00 10,719.25 0.00
4-A-3 0.00 2,341,000.00 10,719.25 0.00
4-IO 0.00 0.00 11,466.43 0.00
5-A-1 0.00 68,099,828.76 1,787,961.34 0.00
5-A-2 0.00 1,255,019.72 32,950.54 0.00
6-A-1 0.00 1,558,132.25 33,507.73 0.00
6-A-2 0.00 42,578,434.98 924,673.65 0.00
6-A-3 0.00 42,578,434.98 906,630.05 0.00
15-IO 0.00 0.00 35,042.16 0.00
PO 0.00 5,253,814.51 52,737.63 0.00
15-B-1 0.00 1,906,902.60 15,621.46 0.00
15-B-2 0.00 580,955.99 4,759.23 0.00
15-B-3 0.00 579,979.59 4,751.23 0.00
15-B-4 0.00 248,981.14 2,039.67 0.00
15-B-5 0.00 165,987.43 1,359.78 0.00
15-B-6 0.00 248,911.83 2,039.09 0.00
30-B-1 0.00 7,700,497.01 44,912.38 0.00
30-B-2 0.00 3,347,912.56 19,526.37 0.00
30-B-3 0.00 1,674,453.15 9,766.07 0.00
30-B-4 0.00 1,673,459.41 9,760.28 0.00
30-B-5 0.00 1,171,620.34 6,833.36 0.00
30-B-6 0.00 1,339,584.40 7,812.99 0.00
SES 0.00 0.00 86,852.20 0.00
Totals 0.00 470,692,040.77 16,901,119.92 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 61,876,000.00 60,675,917.94 73,232.70 1,308,559.11 0.00 0.00
1-A-R 50.00 0.00 0.00 0.00 0.00 0.00
1-A-LR 50.00 0.00 0.00 0.00 0.00 0.00
2-A-1 36,000,000.00 34,201,866.14 34,271.16 1,356,063.89 0.00 0.00
2-A-2 65,013,882.00 61,466,910.48 66,188.51 2,618,992.38 0.00 0.00
2-A-3 27,089,118.00 25,611,213.17 27,578.55 1,091,246.10 0.00 0.00
2-A-4 5,645,000.00 5,787,543.32 0.00 0.00 (28,937.72) 0.00
3-A-1 86,988,000.00 81,952,992.49 88,504.22 2,101,598.80 0.00 0.00
CB-IO 0.00 0.00 0.00 0.00 0.00 0.00
4-A-1 28,208,000.00 25,757,379.12 31,592.12 2,637,802.69 0.00 0.00
4-A-2 2,341,000.00 2,341,000.00 0.00 0.00 0.00 0.00
4-A-3 2,341,000.00 2,341,000.00 0.00 0.00 0.00 0.00
4-IO 0.00 0.00 0.00 0.00 0.00 0.00
5-A-1 71,463,000.00 69,626,690.00 296,001.80 1,230,859.45 0.00 0.00
5-A-2 1,317,000.00 1,283,158.43 5,455.05 22,683.65 0.00 0.00
6-A-1 1,655,000.00 1,584,706.88 6,194.37 20,380.26 0.00 0.00
6-A-2 45,225,500.00 43,304,629.08 169,271.12 556,922.98 0.00 0.00
6-A-3 45,225,500.00 43,304,629.08 169,271.12 556,922.98 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
PO 5,471,808.00 5,306,552.14 10,214.56 42,523.07 0.00 0.00
15-B-1 1,953,000.00 1,914,676.91 7,774.31 0.00 0.00 0.00
15-B-2 595,000.00 583,324.51 2,368.52 0.00 0.00 0.00
15-B-3 594,000.00 582,344.13 2,364.54 0.00 0.00 0.00
15-B-4 255,000.00 249,996.22 1,015.08 0.00 0.00 0.00
15-B-5 170,000.00 166,664.14 676.72 0.00 0.00 0.00
15-B-6 254,929.00 249,926.62 1,014.79 0.00 0.00 0.00
30-B-1 7,749,000.00 7,708,730.52 8,233.51 0.00 0.00 0.00
30-B-2 3,369,000.00 3,351,492.21 3,579.65 0.00 0.00 0.00
30-B-3 1,685,000.00 1,676,243.51 1,790.35 0.00 0.00 0.00
30-B-4 1,684,000.00 1,675,248.70 1,789.29 0.00 0.00 0.00
30-B-5 1,179,000.00 1,172,873.05 1,252.72 0.00 0.00 0.00
30-B-6 1,348,022.00 1,341,016.71 1,432.30 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 506,695,859.00 485,218,725.50 1,011,067.06 13,544,555.36 (28,937.72) 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 1,381,791.81 59,294,126.13 0.95827342 1,381,791.81
1-A-R 0.00 0.00 0.00000000 0.00
1-A-LR 0.00 0.00 0.00000000 0.00
2-A-1 1,390,335.05 32,811,531.09 0.91143142 1,390,335.05
2-A-2 2,685,179.10 58,781,729.55 0.90414120 2,685,179.10
2-A-3 1,118,824.65 24,492,388.53 0.90414123 1,118,824.65
2-A-4 (28,937.72) 5,816,481.04 1.03037751 (28,937.72)
3-A-1 2,190,103.02 79,762,889.47 0.91694130 2,190,103.02
CB-IO 0.00 0.00 0.00000000 0.00
4-A-1 2,669,394.81 23,087,984.31 0.81849065 2,669,394.81
4-A-2 0.00 2,341,000.00 1.00000000 0.00
4-A-3 0.00 2,341,000.00 1.00000000 0.00
4-IO 0.00 0.00 0.00000000 0.00
5-A-1 1,526,861.25 68,099,828.76 0.95293829 1,526,861.25
5-A-2 28,138.70 1,255,019.72 0.95293828 28,138.70
6-A-1 26,574.64 1,558,132.25 0.94146964 26,574.64
6-A-2 726,194.10 42,578,434.98 0.94146964 726,194.10
6-A-3 726,194.10 42,578,434.98 0.94146964 726,194.10
15-IO 0.00 0.00 0.00000000 0.00
PO 52,737.63 5,253,814.51 0.96016061 52,737.63
15-B-1 7,774.31 1,906,902.60 0.97639662 7,774.31
15-B-2 2,368.52 580,955.99 0.97639662 2,368.52
15-B-3 2,364.54 579,979.59 0.97639662 2,364.54
15-B-4 1,015.08 248,981.14 0.97639663 1,015.08
15-B-5 676.72 165,987.43 0.97639665 676.72
15-B-6 1,014.79 248,911.83 0.97639668 1,014.79
30-B-1 8,233.51 7,700,497.01 0.99374074 8,233.51
30-B-2 3,579.65 3,347,912.56 0.99374074 3,579.65
30-B-3 1,790.35 1,674,453.15 0.99374074 1,790.35
30-B-4 1,789.29 1,673,459.41 0.99374074 1,789.29
30-B-5 1,252.72 1,171,620.34 0.99374075 1,252.72
30-B-6 1,432.30 1,339,584.40 0.99374075 1,432.30
SES 0.00 0.00 0.00000000 0.00
Totals 14,526,682.92 470,692,040.77 0.92894393 14,526,682.92
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 61,876,000.00 980.60504784 1.18353966 21.14808827 0.00000000
1-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 36,000,000.00 950.05183722 0.95197667 37.66844139 0.00000000
2-A-2 65,013,882.00 945.44285911 1.01806734 40.28358713 0.00000000
2-A-3 27,089,118.00 945.44285901 1.01806748 40.28355962 0.00000000
2-A-4 5,645,000.00 1025.25125244 0.00000000 0.00000000 (5.12625686)
3-A-1 86,988,000.00 942.11836679 1.01743022 24.15964041 0.00000000
CB-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 28,208,000.00 913.12319626 1.11997022 93.51257409 0.00000000
4-A-2 2,341,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
4-A-3 2,341,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
4-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
5-A-1 71,463,000.00 974.30404545 4.14202874 17.22373046 0.00000000
5-A-2 1,317,000.00 974.30404708 4.14202733 17.22372817 0.00000000
6-A-1 1,655,000.00 957.52681571 3.74282175 12.31435650 0.00000000
6-A-2 45,225,500.00 957.52681739 3.74282473 12.31435761 0.00000000
6-A-3 45,225,500.00 957.52681739 3.74282473 12.31435761 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 5,471,808.00 969.79867349 1.86676141 7.77130155 0.00000000
15-B-1 1,953,000.00 980.37732207 3.98070148 0.00000000 0.00000000
15-B-2 595,000.00 980.37732773 3.98070588 0.00000000 0.00000000
15-B-3 594,000.00 980.37732323 3.98070707 0.00000000 0.00000000
15-B-4 255,000.00 980.37733333 3.98070588 0.00000000 0.00000000
15-B-5 170,000.00 980.37729412 3.98070588 0.00000000 0.00000000
15-B-6 254,929.00 980.37735997 3.98067697 0.00000000 0.00000000
30-B-1 7,749,000.00 994.80326752 1.06252549 0.00000000 0.00000000
30-B-2 3,369,000.00 994.80326803 1.06252597 0.00000000 0.00000000
30-B-3 1,685,000.00 994.80327003 1.06252226 0.00000000 0.00000000
30-B-4 1,684,000.00 994.80326603 1.06252375 0.00000000 0.00000000
30-B-5 1,179,000.00 994.80326548 1.06252757 0.00000000 0.00000000
30-B-6 1,348,022.00 994.80328214 1.06251975 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 22.33162793 958.27341990 0.95827342 22.33162793
1-A-R 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 38.62041806 911.43141917 0.91143142 38.62041806
2-A-2 0.00000000 41.30162694 904.14120403 0.90414120 41.30162694
2-A-3 0.00000000 41.30162710 904.14123228 0.90414123 41.30162710
2-A-4 0.00000000 (5.12625686) 1,030.37750930 1.03037751 (5.12625686)
3-A-1 0.00000000 25.17707063 916.94129616 0.91694130 25.17707063
CB-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 0.00000000 94.63254431 818.49065194 0.81849065 94.63254431
4-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
4-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
4-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
5-A-1 0.00000000 21.36575920 952.93828639 0.95293829 21.36575920
5-A-2 0.00000000 21.36575550 952.93828398 0.95293828 21.36575550
6-A-1 0.00000000 16.05718429 941.46963746 0.94146964 16.05718429
6-A-2 0.00000000 16.05718234 941.46963505 0.94146964 16.05718234
6-A-3 0.00000000 16.05718234 941.46963505 0.94146964 16.05718234
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 9.63806296 960.16061053 0.96016061 9.63806296
15-B-1 0.00000000 3.98070148 976.39662058 0.97639662 3.98070148
15-B-2 0.00000000 3.98070588 976.39662185 0.97639662 3.98070588
15-B-3 0.00000000 3.98070707 976.39661616 0.97639662 3.98070707
15-B-4 0.00000000 3.98070588 976.39662745 0.97639663 3.98070588
15-B-5 0.00000000 3.98070588 976.39664706 0.97639665 3.98070588
15-B-6 0.00000000 3.98067697 976.39668300 0.97639668 3.98067697
30-B-1 0.00000000 1.06252549 993.74074203 0.99374074 1.06252549
30-B-2 0.00000000 1.06252597 993.74074206 0.99374074 1.06252597
30-B-3 0.00000000 1.06252226 993.74074184 0.99374074 1.06252226
30-B-4 0.00000000 1.06252375 993.74074228 0.99374074 1.06252375
30-B-5 0.00000000 1.06252757 993.74074640 0.99374075 1.06252757
30-B-6 0.00000000 1.06251975 993.74075497 0.99374075 1.06251975
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 61,876,000.00 5.50000% 60,675,917.94 278,097.96 0.00 0.00
1-A-R 50.00 5.50000% 0.00 0.00 0.00 0.00
1-A-LR 50.00 5.50000% 0.00 0.00 0.00 0.00
2-A-1 36,000,000.00 6.00000% 34,201,866.14 171,009.33 0.00 0.00
2-A-2 65,013,882.00 1.55000% 61,466,910.48 79,394.76 0.00 0.00
2-A-3 27,089,118.00 16.68000% 25,611,213.17 355,995.86 0.00 0.00
2-A-4 5,645,000.00 6.00000% 5,787,543.32 28,937.72 0.00 0.00
3-A-1 86,988,000.00 5.50000% 81,952,992.49 375,617.88 0.00 0.00
CB-IO 0.00 0.41218% 189,215,641.63 64,992.59 0.00 0.00
4-A-1 28,208,000.00 5.50000% 25,757,379.12 118,054.65 0.00 0.00
4-A-2 2,341,000.00 5.50000% 2,341,000.00 10,729.58 0.00 0.00
4-A-3 2,341,000.00 5.50000% 2,341,000.00 10,729.58 0.00 0.00
4-IO 0.00 0.55390% 24,841,332.53 11,466.43 0.00 0.00
5-A-1 71,463,000.00 4.50000% 69,626,690.00 261,100.09 0.00 0.00
5-A-2 1,317,000.00 4.50000% 1,283,158.43 4,811.84 0.00 0.00
6-A-1 1,655,000.00 5.25000% 1,584,706.88 6,933.09 0.00 0.00
6-A-2 45,225,500.00 5.50000% 43,304,629.08 198,479.55 0.00 0.00
6-A-3 45,225,500.00 5.00000% 43,304,629.08 180,435.95 0.00 0.00
15-IO 0.00 0.38784% 108,423,846.23 35,042.16 0.00 0.00
PO 5,471,808.00 0.00000% 5,306,552.14 0.00 0.00 0.00
15-B-1 1,953,000.00 4.91811% 1,914,676.91 7,847.15 0.00 0.00
15-B-2 595,000.00 4.91811% 583,324.51 2,390.71 0.00 0.00
15-B-3 594,000.00 4.91811% 582,344.13 2,386.69 0.00 0.00
15-B-4 255,000.00 4.91811% 249,996.22 1,024.59 0.00 0.00
15-B-5 170,000.00 4.91811% 166,664.14 683.06 0.00 0.00
15-B-6 254,929.00 4.91811% 249,926.62 1,024.30 0.00 0.00
30-B-1 7,749,000.00 5.71026% 7,708,730.52 36,682.39 0.00 0.00
30-B-2 3,369,000.00 5.71026% 3,351,492.21 15,948.25 0.00 0.00
30-B-3 1,685,000.00 5.71026% 1,676,243.51 7,976.49 0.00 0.00
30-B-4 1,684,000.00 5.71026% 1,675,248.70 7,971.76 0.00 0.00
30-B-5 1,179,000.00 5.71026% 1,172,873.05 5,581.18 0.00 0.00
30-B-6 1,348,022.00 5.71026% 1,341,016.71 6,381.30 0.00 0.00
SES 0.00 0.00000% 485,218,726.61 0.00 0.00 0.00
Totals 506,695,859.00 2,287,726.89 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 0.00 0.00 278,097.96 0.00 59,294,126.13
1-A-R 0.00 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.00 0.00 0.00
2-A-1 0.00 0.00 171,009.33 0.00 32,811,531.09
2-A-2 0.00 0.00 79,394.76 0.00 58,781,729.55
2-A-3 0.00 0.00 355,995.86 0.00 24,492,388.53
2-A-4 0.00 0.00 28,937.72 0.00 5,816,481.04
3-A-1 0.00 0.00 375,617.88 0.00 79,762,889.47
CB-IO 0.00 0.00 64,992.59 0.00 182,364,417.41
4-A-1 113.69 0.00 117,940.96 0.00 23,087,984.31
4-A-2 10.33 0.00 10,719.25 0.00 2,341,000.00
4-A-3 10.33 0.00 10,719.25 0.00 2,341,000.00
4-IO 0.00 0.00 11,466.43 0.00 22,179,976.16
5-A-1 0.00 0.00 261,100.09 0.00 68,099,828.76
5-A-2 0.00 0.00 4,811.84 0.00 1,255,019.72
6-A-1 0.00 0.00 6,933.09 0.00 1,558,132.25
6-A-2 0.00 0.00 198,479.55 0.00 42,578,434.98
6-A-3 0.00 0.00 180,435.95 0.00 42,578,434.98
15-IO 0.00 0.00 35,042.16 0.00 105,706,034.58
PO 0.00 0.00 0.00 0.00 5,253,814.51
15-B-1 0.00 0.00 7,847.15 0.00 1,906,902.60
15-B-2 0.00 0.00 2,390.71 0.00 580,955.99
15-B-3 0.00 0.00 2,386.69 0.00 579,979.59
15-B-4 0.00 0.00 1,024.59 0.00 248,981.14
15-B-5 0.00 0.00 683.06 0.00 165,987.43
15-B-6 0.00 0.00 1,024.30 0.00 248,911.83
30-B-1 3.52 0.00 36,678.87 0.00 7,700,497.01
30-B-2 1.53 0.00 15,946.72 0.00 3,347,912.56
30-B-3 0.77 0.00 7,975.72 0.00 1,674,453.15
30-B-4 0.77 0.00 7,970.99 0.00 1,673,459.41
30-B-5 0.54 0.00 5,580.64 0.00 1,171,620.34
30-B-6 0.61 0.00 6,380.69 0.00 1,339,584.40
SES 0.00 0.00 86,852.20 0.00 470,692,041.09
Totals 142.09 0.00 2,374,437.00 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 61,876,000.00 5.50000% 980.60504784 4.49443985 0.00000000 0.00000000
1-A-R 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 36,000,000.00 6.00000% 950.05183722 4.75025917 0.00000000 0.00000000
2-A-2 65,013,882.00 1.55000% 945.44285911 1.22119704 0.00000000 0.00000000
2-A-3 27,089,118.00 16.68000% 945.44285901 13.14165563 0.00000000 0.00000000
2-A-4 5,645,000.00 6.00000% 1025.25125244 5.12625686 0.00000000 0.00000000
3-A-1 86,988,000.00 5.50000% 942.11836679 4.31804249 0.00000000 0.00000000
CB-IO 0.00 0.41218% 946.21566693 0.32501016 0.00000000 0.00000000
4-A-1 28,208,000.00 5.50000% 913.12319626 4.18514783 0.00000000 0.00000000
4-A-2 2,341,000.00 5.50000% 1000.00000000 4.58333191 0.00000000 0.00000000
4-A-3 2,341,000.00 5.50000% 1000.00000000 4.58333191 0.00000000 0.00000000
4-IO 0.00 0.55390% 911.40294078 0.42069152 0.00000000 0.00000000
5-A-1 71,463,000.00 4.50000% 974.30404545 3.65364021 0.00000000 0.00000000
5-A-2 1,317,000.00 4.50000% 974.30404708 3.65363705 0.00000000 0.00000000
6-A-1 1,655,000.00 5.25000% 957.52681571 4.18917825 0.00000000 0.00000000
6-A-2 45,225,500.00 5.50000% 957.52681739 4.38866458 0.00000000 0.00000000
6-A-3 45,225,500.00 5.00000% 957.52681739 3.98969497 0.00000000 0.00000000
15-IO 0.00 0.38784% 967.81517761 0.31279405 0.00000000 0.00000000
PO 5,471,808.00 0.00000% 969.79867349 0.00000000 0.00000000 0.00000000
15-B-1 1,953,000.00 4.91811% 980.37732207 4.01799795 0.00000000 0.00000000
15-B-2 595,000.00 4.91811% 980.37732773 4.01800000 0.00000000 0.00000000
15-B-3 594,000.00 4.91811% 980.37732323 4.01799663 0.00000000 0.00000000
15-B-4 255,000.00 4.91811% 980.37733333 4.01800000 0.00000000 0.00000000
15-B-5 170,000.00 4.91811% 980.37729412 4.01800000 0.00000000 0.00000000
15-B-6 254,929.00 4.91811% 980.37735997 4.01798148 0.00000000 0.00000000
30-B-1 7,749,000.00 5.71026% 994.80326752 4.73382243 0.00000000 0.00000000
30-B-2 3,369,000.00 5.71026% 994.80326803 4.73382309 0.00000000 0.00000000
30-B-3 1,685,000.00 5.71026% 994.80327003 4.73382196 0.00000000 0.00000000
30-B-4 1,684,000.00 5.71026% 994.80326603 4.73382423 0.00000000 0.00000000
30-B-5 1,179,000.00 5.71026% 994.80326548 4.73382528 0.00000000 0.00000000
30-B-6 1,348,022.00 5.71026% 994.80328214 4.73382482 0.00000000 0.00000000
SES 0.00 0.00000% 957.61336291 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 0.00000000 0.00000000 4.49443985 0.00000000 958.27341990
1-A-R 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 0.00000000 4.75025917 0.00000000 911.43141917
2-A-2 0.00000000 0.00000000 1.22119704 0.00000000 904.14120403
2-A-3 0.00000000 0.00000000 13.14165563 0.00000000 904.14123228
2-A-4 0.00000000 0.00000000 5.12625686 0.00000000 1030.37750930
3-A-1 0.00000000 0.00000000 4.31804249 0.00000000 916.94129616
CB-IO 0.00000000 0.00000000 0.32501016 0.00000000 911.95456865
4-A-1 0.00403042 0.00000000 4.18111741 0.00000000 818.49065194
4-A-2 0.00441264 0.00000000 4.57891927 0.00000000 1000.00000000
4-A-3 0.00441264 0.00000000 4.57891927 0.00000000 1000.00000000
4-IO 0.00000000 0.00000000 0.42069152 0.00000000 813.76051281
5-A-1 0.00000000 0.00000000 3.65364021 0.00000000 952.93828639
5-A-2 0.00000000 0.00000000 3.65363705 0.00000000 952.93828398
6-A-1 0.00000000 0.00000000 4.18917825 0.00000000 941.46963746
6-A-2 0.00000000 0.00000000 4.38866458 0.00000000 941.46963505
6-A-3 0.00000000 0.00000000 3.98969497 0.00000000 941.46963505
15-IO 0.00000000 0.00000000 0.31279405 0.00000000 943.55539108
PO 0.00000000 0.00000000 0.00000000 0.00000000 960.16061053
15-B-1 0.00000000 0.00000000 4.01799795 0.00000000 976.39662058
15-B-2 0.00000000 0.00000000 4.01800000 0.00000000 976.39662185
15-B-3 0.00000000 0.00000000 4.01799663 0.00000000 976.39661616
15-B-4 0.00000000 0.00000000 4.01800000 0.00000000 976.39662745
15-B-5 0.00000000 0.00000000 4.01800000 0.00000000 976.39664706
15-B-6 0.00000000 0.00000000 4.01798148 0.00000000 976.39668300
30-B-1 0.00045425 0.00000000 4.73336818 0.00000000 993.74074203
30-B-2 0.00045414 0.00000000 4.73336895 0.00000000 993.74074206
30-B-3 0.00045697 0.00000000 4.73336499 0.00000000 993.74074184
30-B-4 0.00045724 0.00000000 4.73336698 0.00000000 993.74074228
30-B-5 0.00045802 0.00000000 4.73336726 0.00000000 993.74074640
30-B-6 0.00045251 0.00000000 4.73337230 0.00000000 993.74075497
SES 0.00000000 0.00000000 0.17140894 0.00000000 928.94392496
<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-IO 0.15616% 31,460,231.38 31,001,159.94 0.00 0.00 96.72669221%
2-IO 0.37145% 95,719,617.52 91,160,330.95 0.00 0.00 89.79957594%
3-IO 0.60486% 62,035,792.73 60,202,926.52 0.00 0.00 90.65974337%
4-IO 0.55390% 24,841,332.53 22,179,976.16 0.00 0.00 81.37605128%
5-IO 0.31115% 49,969,678.46 48,518,447.88 0.00 0.00 94.77663649%
6-IO 0.45339% 58,454,167.77 57,187,586.70 0.00 0.00 94.00119944%
1-PO 0.00000% 0.00 0.00 1,719,167.99 1,694,308.00 95.23913381%
2-PO 0.00000% 0.00 0.00 700,700.59 699,228.26 98.00332738%
3-PO 0.00000% 0.00 0.00 1,594,841.97 1,575,605.89 95.59242022%
4-PO 0.00000% 0.00 0.00 219,494.67 219,210.55 99.26170865%
5-PO 0.00000% 0.00 0.00 731,196.39 727,568.02 95.57857664%
6-PO 0.00000% 0.00 0.00 341,150.53 337,893.80 96.81493367%
1-SES 0.00000% 65,760,864.68 64,350,150.55 0.00 0.00 95.98646504%
2-SES 0.00000% 134,885,837.06 129,711,829.03 0.00 0.00 91.59542475%
3-SES 0.00000% 88,237,584.73 86,023,180.99 0.00 0.00 92.15046761%
4-SES 0.00000% 32,411,346.76 29,739,848.99 0.00 0.00 85.28244262%
5-SES 0.00000% 73,299,162.71 71,733,485.29 0.00 0.00 95.34702074%
6-SES 0.00000% 90,623,930.67 89,133,546.24 0.00 0.00 94.23739500%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 16,923,156.76
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 16,923,156.76
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 22,036.84
Payment of Interest and Principal 16,901,119.92
Total Withdrawals (Pool Distribution Amount) 16,923,156.76
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 142.09
SERVICING FEES
<s> <c>
Gross Servicing Fee 20,217.45
Trustee Fee - Wells Fargo Bank, N.A. 1,819.39
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 22,036.84
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 3 1 0 4
415,567.70 117,652.47 0.00 533,220.17
30 Days 28 0 0 0 28
3,307,945.05 0.00 0.00 0.00 3,307,945.05
60 Days 3 0 0 0 3
266,612.56 0.00 0.00 0.00 266,612.56
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 31 3 1 0 35
3,574,557.61 415,567.70 117,652.47 0.00 4,107,777.78
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 0.077022% 0.025674% 0.000000% 0.102696%
0.088131% 0.024951% 0.000000% 0.113082%
30 Days 0.718870% 0.000000% 0.000000% 0.000000% 0.718870%
0.701531% 0.000000% 0.000000% 0.000000% 0.701531%
60 Days 0.077022% 0.000000% 0.000000% 0.000000% 0.077022%
0.056542% 0.000000% 0.000000% 0.000000% 0.056542%
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 0.795892% 0.077022% 0.025674% 0.000000% 0.898588%
0.758073% 0.088131% 0.024951% 0.000000% 0.871156%
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 6 0 0 0 6
915,347.05 0.00 0.00 0.00 915,347.05
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 6 0 0 0 6
915,347.05 0.00 0.00 0.00 915,347.05
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.185771% 0.000000% 0.000000% 0.000000% 1.185771%
1.420913% 0.000000% 0.000000% 0.000000% 1.420913%
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 1.185771% 0.000000% 0.000000% 0.000000% 1.185771%
1.420913% 0.000000% 0.000000% 0.000000% 1.420913%
<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 9 0 0 0 9
994,533.68 0.00 0.00 0.00 994,533.68
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 9 0 0 0 9
994,533.68 0.00 0.00 0.00 994,533.68
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.824931% 0.000000% 0.000000% 0.000000% 0.824931%
0.766075% 0.000000% 0.000000% 0.000000% 0.766075%
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 0.824931% 0.000000% 0.000000% 0.000000% 0.824931%
0.766075% 0.000000% 0.000000% 0.000000% 0.766075%
<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 2 1 0 3
306,472.65 117,652.47 0.00 424,125.12
30 Days 6 0 0 0 6
794,954.86 0.00 0.00 0.00 794,954.86
60 Days 1 0 0 0 1
108,425.48 0.00 0.00 0.00 108,425.48
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 7 2 1 0 10
903,380.34 306,472.65 117,652.47 0.00 1,327,505.46
0-29 Days 0.327869% 0.163934% 0.000000% 0.491803%
0.355949% 0.136646% 0.000000% 0.492595%
30 Days 0.983607% 0.000000% 0.000000% 0.000000% 0.983607%
0.923291% 0.000000% 0.000000% 0.000000% 0.923291%
60 Days 0.163934% 0.000000% 0.000000% 0.000000% 0.163934%
0.125929% 0.000000% 0.000000% 0.000000% 0.125929%
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 1.147541% 0.327869% 0.163934% 0.000000% 1.639344%
1.049220% 0.355949% 0.136646% 0.000000% 1.541815%
<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 1 0 0 1
109,095.05 0.00 0.00 109,095.05
30 Days 4 0 0 0 4
372,158.90 0.00 0.00 0.00 372,158.90
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 4 1 0 0 5
372,158.90 109,095.05 0.00 0.00 481,253.95
0-29 Days 0.156495% 0.000000% 0.000000% 0.156495%
0.151539% 0.000000% 0.000000% 0.151539%
30 Days 0.625978% 0.000000% 0.000000% 0.000000% 0.625978%
0.516949% 0.000000% 0.000000% 0.000000% 0.516949%
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 0.625978% 0.156495% 0.000000% 0.000000% 0.782473%
0.516949% 0.151539% 0.000000% 0.000000% 0.668488%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 6 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 3 0 0 0 3
230,950.56 0.00 0.00 0.00 230,950.56
60 Days 2 0 0 0 2
158,187.08 0.00 0.00 0.00 158,187.08
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 5 0 0 0 5
389,137.64 0.00 0.00 0.00 389,137.64
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.303644% 0.000000% 0.000000% 0.000000% 0.303644%
0.258237% 0.000000% 0.000000% 0.000000% 0.258237%
60 Days 0.202429% 0.000000% 0.000000% 0.000000% 0.202429%
0.176877% 0.000000% 0.000000% 0.000000% 0.176877%
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 0.506073% 0.000000% 0.000000% 0.000000% 0.506073%
0.435114% 0.000000% 0.000000% 0.000000% 0.435114%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 24,089.92
COLLATERAL STATEMENT
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 5.912303%
Weighted Average Pass-Through Rate 5.657803%
Weighted Average Maturity(Stepdown Calculation ) 287
Beginning Scheduled Collateral Loan Count 3,963
Number Of Loans Paid In Full 68
Ending Scheduled Collateral Loan Count 3,895
Beginning Scheduled Collateral Balance 485,218,726.61
Ending Scheduled Collateral Balance 470,692,041.09
Ending Actual Collateral Balance at 30-Apr-2004 471,532,057.08
Monthly P &I Constant 3,400,987.43
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 16,579,746.69
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 470,692,041.09
Scheduled Principal 1,010,353.83
Unscheduled Principal 13,516,331.69
Group Level Collateral Statement
Group Group 1 Group 2 Group 3
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 5.685427 6.486925 6.080341
Weighted Average Net Rate 5.435427 6.236925 5.830341
Weighted Average Maturity 342 348 347
Beginning Loan Count 513 1,120 621
Loans Paid In Full 7 29 11
Ending Loan Count 506 1,091 610
Beginning Scheduled Balance 65,760,864.68 134,885,837.06 88,237,584.73
Ending scheduled Balance 64,350,150.55 129,711,829.03 86,023,180.99
Record Date 04/30/2004 04/30/2004 04/30/2004
Principal And Interest Constant 391,221.66 864,387.42 542,871.77
Scheduled Principal 79,656.18 135,225.48 95,776.30
Unscheduled Principal 1,331,057.95 5,038,782.55 2,118,627.44
Scheduled Interest 311,565.48 729,161.94 447,095.47
Servicing Fees 13,700.18 28,101.20 18,382.82
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 246.60 505.82 330.88
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 297,618.70 700,554.92 428,381.77
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 5.430927 6.232425 5.825841
Group Level Collateral Statement
Group Group 4 Group 5 Group 6
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 6.141787 4.921722 5.777184
Weighted Average Net Rate 5.891787 4.671722 5.527185
Weighted Average Maturity 350 167 169
Beginning Loan Count 67 642 1,000
Loans Paid In Full 6 3 12
Ending Loan Count 61 639 988
Beginning Scheduled Balance 32,411,346.76 73,299,162.71 90,623,930.67
Ending scheduled Balance 29,739,848.99 71,733,485.29 89,133,546.24
Record Date 04/30/2004 04/30/2004 04/30/2004
Principal And Interest Constant 199,548.07 612,419.10 790,539.41
Scheduled Principal 33,661.75 311,787.34 354,246.78
Unscheduled Principal 2,637,836.02 1,253,890.08 1,136,137.65
Scheduled Interest 165,886.32 300,631.76 436,292.63
Servicing Fees 6,752.35 15,270.66 18,879.97
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 121.54 274.86 339.85
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 159,012.43 285,086.24 417,072.81
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 5.887287 4.667222 5.522684
Group Level Collateral Statement
Group Total
Collateral Description Mixed Fixed
Weighted Average Coupon Rate 5.912303
Weighted Average Net Rate 5.662303
Weighted Average Maturity 287.00
Record Date 04/30/2004
Principal And Interest Constant 3,400,987.43
Beginning Loan Count 3,963
Loans Paid In Full 68
Ending Loan Count 3,895
Beginning Scheduled Balance 485,218,726.61
Ending Scheduled Balance 470,692,041.09
Scheduled Principal 1,010,353.83
Unscheduled Principal 13,516,331.69
Scheduled Interest 2,390,633.60
Servicing Fee 101,087.18
Master Servicing Fee 0.00
Trustee Fee 1,819.55
Fry Amount 0.00
Special Hazard Fee 0.00
Other Fee 0.00
Pool Insurance Fee 0.00
Spread 1 0.00
Spread 2 0.00
Spread 3 0.00
Net Interest 2,287,726.87
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 5.657803
Miscellaneous Reporting
Group Group 1
CPR 21.782994%
Subordinate % 5.255605%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.744395%
Group Group 2
CPR 36.702573%
Subordinate % 5.304316%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.695684%
Group Group 3
CPR 25.320312%
Subordinate % 5.412744%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.587256%
Miscellaneous Reporting
Group Group 4
CPR 63.932538%
Subordinate % 5.443839%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.556161%
Group Group 5
CPR 18.774905%
Subordinate % 2.284916%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.715084%
Group Group 6
CPR 14.100395%
Subordinate % 2.313636%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.686364%