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): June 25, 2004
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2003-9 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-16 54-2135808
Pooling and Servicing Agreement) (Commission 54-2135809
(State or other File Number) 54-2135810
jurisdiction IRS EIN
of Incorporation)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
ITEM 5. Other Events
On June 25, 2004 a distribution was made to holders of BANC OF AMERICA
MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2003-9
Trust.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Mortgage Pass-Through Certificates,
Series 2003-9 Trust, relating to the
June 25, 2004 distribution.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2003-9 Trust
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Assistant Vice President
By: Beth Belfield as Assistant Vice President
Date: 6/25/2004
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2003-9 Trust,
relating to the June 25, 2004 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 5/31/2004
Distribution Date: 6/25/2004
BAM Series: 2003-9
Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 815-6600
Fax: (301) 815-6660
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<s> <c> <c> <c> <c> <c> <c>
1-A-1 05948XZV6 SEN 5.00000% 35,382,447.24 147,426.87 1,599,784.95
1-A-2 05948XZW4 PO 0.00000% 363,070.00 0.00 0.00
1-A-3 05948XZX2 SEN 5.50000% 24,961,000.00 114,404.59 0.00
1-A-4 05948XZY0 SEN 5.50000% 38,834,000.00 177,989.18 0.00
1-A-5 05948XZZ7 SEN 1.60000% 7,076,489.45 9,435.32 319,956.99
1-A-6 05948XA27 SEN 6.40000% 0.00 37,741.28 0.00
1-A-7 05948XA35 SEN 5.50000% 3,466,000.00 15,885.83 0.00
1-A-8 05948XA43 SEN 5.50000% 1,200,000.00 5,500.00 0.00
1-A-9 05948XA50 SEN 5.50000% 3,483,000.00 15,963.75 0.00
1-A-10 05948XA68 SEN 5.50000% 2,966,000.00 13,594.17 0.00
1-A-11 05948XA76 SEN 5.50000% 4,315,000.00 19,777.08 0.00
1-A-12 05948XA84 SEN 1.55000% 114,398,743.50 147,765.05 4,834,877.67
1-A-13 05948XA92 SEN 1.55000% 2,573,387.09 3,323.96 108,760.04
1-A-14 05948XB26 SEN 12.74167% 63,802,980.59 677,463.64 2,696,529.67
1-A-15 05948XB34 SEN 5.25000% 1,625,000.00 7,109.38 0.00
1-A-16 05948XB42 SEN 5.75000% 1,625,000.00 7,786.46 0.00
1-A-17 05948XB59 SEN 5.25000% 1,972,500.00 8,629.69 0.00
1-A-18 05948XB67 SEN 5.75000% 1,972,500.00 9,451.56 0.00
1-A-19 05948XB75 SEN 5.25000% 1,367,500.00 5,982.81 0.00
1-A-20 05948XB83 SEN 5.75000% 1,367,500.00 6,552.60 0.00
1-A-21 05948XB91 SEN 5.50000% 22,012,666.00 100,891.39 0.00
1-A-22 05948XC25 SEN 5.50000% 495,172.00 2,269.54 0.00
1-A-R 05948XC33 SEN 5.50000% 0.00 0.00 0.00
1-A-MR 05948XC41 SEN 5.50000% 0.00 0.00 0.00
1-A-LR 05948XC58 SEN 5.50000% 0.00 0.01 0.00
2-A-1 05948XC66 SEN 1.55000% 21,570,185.07 27,861.49 3,241,693.32
2-A-2 05948XC74 SEN 12.74167% 11,765,555.99 124,927.34 1,768,196.43
2-A-3 05948XC82 SEN 5.50000% 9,975,000.00 45,718.75 0.00
2-A-4 05948XC90 SEN 5.50000% 6,675,000.00 30,593.75 0.00
2-A-5 05948XD24 SEN 5.50000% 922,773.49 4,229.38 92,486.24
3-A-1 05948XD32 SEN 5.00000% 127,150,730.70 524,343.64 4,158,893.06
4-A-1 05948XD40 SEN 5.00000% 48,343,205.61 201,430.04 1,447,738.54
4-A-2 05948XD57 SEN 5.00000% 898,981.81 3,745.76 26,921.89
1-B-1 05948XD99 SUB 5.50000% 6,003,706.22 27,516.99 6,410.64
1-B-2 05948XE23 SUB 5.50000% 2,573,016.95 11,793.00 2,747.42
1-B-3 05948XE31 SUB 5.50000% 1,286,011.56 5,894.22 1,373.18
1-B-4 05948XG39 SUB 5.50000% 857,672.32 3,931.00 915.81
1-B-5 05948XG47 SUB 5.50000% 643,005.78 2,947.11 686.59
1-B-6 05948XG54 SUB 5.50000% 644,522.18 2,954.06 688.21
X-B-1 05948XE49 SUB 5.27129% 2,452,291.81 10,772.27 5,744.99
X-B-2 05948XE56 SUB 5.27129% 816,772.98 3,587.87 1,913.45
X-B-3 05948XE64 SUB 5.27129% 314,674.61 1,382.28 737.19
X-B-4 05948XH46 SUB 5.27129% 126,264.42 554.65 295.80
X-B-5 05948XH53 SUB 5.27129% 125,277.98 550.31 293.49
X-B-6 05948XH61 SUB 5.27129% 253,838.46 1,115.05 594.66
3-B-1 05948XE72 SUB 5.00000% 994,047.50 4,099.25 3,908.30
3-B-2 05948XE80 SUB 5.00000% 304,958.53 1,257.59 1,199.01
3-B-3 05948XE98 SUB 5.00000% 229,696.33 947.22 903.10
3-B-4 05948XG62 SUB 5.00000% 152,479.26 628.79 599.50
3-B-5 05948XG70 SUB 5.00000% 152,479.26 628.79 599.50
3-B-6 05948XG88 SUB 5.00000% 153,931.28 634.78 605.21
A-PO 05948XD65 PO 0.00000% 4,516,153.99 0.00 33,184.32
15-IO 05948XD73 IO 0.32682% 0.00 24,486.13 0.00
30-IO 05948XD81 IO 0.33988% 0.00 84,652.80 0.00
SES 05948XG21 SEN 0.00000% 0.00 102,908.26 0.00
Totals 585,162,189.96 2,791,036.73 20,359,239.17
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 33,782,662.29 1,747,211.82 0.00
1-A-2 0.00 363,070.00 0.00 0.00
1-A-3 0.00 24,961,000.00 114,404.59 0.00
1-A-4 0.00 38,834,000.00 177,989.18 0.00
1-A-5 0.00 6,756,532.46 329,392.31 0.00
1-A-6 0.00 0.00 37,741.28 0.00
1-A-7 0.00 3,466,000.00 15,885.83 0.00
1-A-8 0.00 1,200,000.00 5,500.00 0.00
1-A-9 0.00 3,483,000.00 15,963.75 0.00
1-A-10 0.00 2,966,000.00 13,594.17 0.00
1-A-11 0.00 4,315,000.00 19,777.08 0.00
1-A-12 0.00 109,563,865.84 4,982,642.72 0.00
1-A-13 0.00 2,464,627.05 112,084.00 0.00
1-A-14 0.00 61,106,450.92 3,373,993.31 0.00
1-A-15 0.00 1,625,000.00 7,109.38 0.00
1-A-16 0.00 1,625,000.00 7,786.46 0.00
1-A-17 0.00 1,972,500.00 8,629.69 0.00
1-A-18 0.00 1,972,500.00 9,451.56 0.00
1-A-19 0.00 1,367,500.00 5,982.81 0.00
1-A-20 0.00 1,367,500.00 6,552.60 0.00
1-A-21 0.00 22,012,666.00 100,891.39 0.00
1-A-22 0.00 495,172.00 2,269.54 0.00
1-A-R 0.00 0.00 0.00 0.00
1-A-MR 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.01 0.00
2-A-1 0.00 18,328,491.75 3,269,554.81 0.00
2-A-2 0.00 9,997,359.56 1,893,123.77 0.00
2-A-3 0.00 9,975,000.00 45,718.75 0.00
2-A-4 0.00 6,675,000.00 30,593.75 0.00
2-A-5 0.00 830,287.25 96,715.62 0.00
3-A-1 0.00 122,991,837.64 4,683,236.70 0.00
4-A-1 0.00 46,895,467.07 1,649,168.58 0.00
4-A-2 0.00 872,059.92 30,667.65 0.00
1-B-1 0.00 5,997,295.59 33,927.63 0.00
1-B-2 0.00 2,570,269.54 14,540.42 0.00
1-B-3 0.00 1,284,638.39 7,267.40 0.00
1-B-4 0.00 856,756.51 4,846.81 0.00
1-B-5 0.00 642,319.19 3,633.70 0.00
1-B-6 0.00 643,833.97 3,642.27 0.00
X-B-1 0.00 2,446,546.82 16,517.26 0.00
X-B-2 0.00 814,859.52 5,501.32 0.00
X-B-3 0.00 313,937.42 2,119.47 0.00
X-B-4 0.00 125,968.62 850.45 0.00
X-B-5 0.00 124,984.49 843.80 0.00
X-B-6 0.00 253,243.80 1,709.71 0.00
3-B-1 0.00 990,139.21 8,007.55 0.00
3-B-2 0.00 303,759.52 2,456.60 0.00
3-B-3 0.00 228,793.23 1,850.32 0.00
3-B-4 0.00 151,879.76 1,228.29 0.00
3-B-5 0.00 151,879.76 1,228.29 0.00
3-B-6 0.00 153,326.06 1,239.99 0.00
A-PO 0.00 4,482,969.67 33,184.32 0.00
15-IO 0.00 0.00 24,486.13 0.00
30-IO 0.00 0.00 84,652.80 0.00
SES 0.00 0.00 102,908.26 0.00
Totals 0.00 564,802,950.82 23,150,275.90 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<s> <c> <c> <c> <c> <c> <c>
1-A-1 49,000,000.00 35,382,447.24 59,906.12 1,539,878.84 0.00 0.00
1-A-2 363,070.00 363,070.00 0.00 0.00 0.00 0.00
1-A-3 24,961,000.00 24,961,000.00 0.00 0.00 0.00 0.00
1-A-4 38,834,000.00 38,834,000.00 0.00 0.00 0.00 0.00
1-A-5 9,800,000.00 7,076,489.45 11,981.22 307,975.77 0.00 0.00
1-A-6 0.00 0.00 0.00 0.00 0.00 0.00
1-A-7 3,466,000.00 3,466,000.00 0.00 0.00 0.00 0.00
1-A-8 1,200,000.00 1,200,000.00 0.00 0.00 0.00 0.00
1-A-9 3,483,000.00 3,483,000.00 0.00 0.00 0.00 0.00
1-A-10 2,966,000.00 2,966,000.00 0.00 0.00 0.00 0.00
1-A-11 4,315,000.00 4,315,000.00 0.00 0.00 0.00 0.00
1-A-12 155,553,776.00 114,398,743.50 181,048.55 4,653,829.12 0.00 0.00
1-A-13 3,499,165.00 2,573,387.09 4,072.67 104,687.37 0.00 0.00
1-A-14 86,756,150.00 63,802,980.59 100,975.21 2,595,554.46 0.00 0.00
1-A-15 1,625,000.00 1,625,000.00 0.00 0.00 0.00 0.00
1-A-16 1,625,000.00 1,625,000.00 0.00 0.00 0.00 0.00
1-A-17 1,972,500.00 1,972,500.00 0.00 0.00 0.00 0.00
1-A-18 1,972,500.00 1,972,500.00 0.00 0.00 0.00 0.00
1-A-19 1,367,500.00 1,367,500.00 0.00 0.00 0.00 0.00
1-A-20 1,367,500.00 1,367,500.00 0.00 0.00 0.00 0.00
1-A-21 22,012,666.00 22,012,666.00 0.00 0.00 0.00 0.00
1-A-22 495,172.00 495,172.00 0.00 0.00 0.00 0.00
1-A-R 50.00 0.00 0.00 0.00 0.00 0.00
1-A-MR 25.00 0.00 0.00 0.00 0.00 0.00
1-A-LR 25.00 0.00 0.00 0.00 0.00 0.00
2-A-1 31,322,176.00 21,570,185.07 34,043.30 3,207,650.02 0.00 0.00
2-A-2 17,084,824.00 11,765,555.99 18,569.07 1,749,627.36 0.00 0.00
2-A-3 9,975,000.00 9,975,000.00 0.00 0.00 0.00 0.00
2-A-4 6,675,000.00 6,675,000.00 0.00 0.00 0.00 0.00
2-A-5 1,201,000.00 922,773.49 971.26 91,514.98 0.00 0.00
3-A-1 153,135,000.00 127,150,730.70 499,918.60 3,658,974.46 0.00 0.00
4-A-1 55,335,000.00 48,343,205.61 187,232.45 1,260,506.09 0.00 0.00
4-A-2 1,029,000.00 898,981.81 3,481.74 23,440.15 0.00 0.00
1-B-1 6,041,000.00 6,003,706.22 6,410.64 0.00 0.00 0.00
1-B-2 2,589,000.00 2,573,016.95 2,747.42 0.00 0.00 0.00
1-B-3 1,294,000.00 1,286,011.56 1,373.18 0.00 0.00 0.00
1-B-4 863,000.00 857,672.32 915.81 0.00 0.00 0.00
1-B-5 647,000.00 643,005.78 686.59 0.00 0.00 0.00
1-B-6 648,525.82 644,522.18 688.21 0.00 0.00 0.00
X-B-1 2,486,000.00 2,452,291.81 5,744.99 0.00 0.00 0.00
X-B-2 828,000.00 816,772.98 1,913.45 0.00 0.00 0.00
X-B-3 319,000.00 314,674.61 737.19 0.00 0.00 0.00
X-B-4 128,000.00 126,264.42 295.80 0.00 0.00 0.00
X-B-5 127,000.00 125,277.98 293.49 0.00 0.00 0.00
X-B-6 257,327.61 253,838.46 594.66 0.00 0.00 0.00
3-B-1 1,017,000.00 994,047.50 3,908.30 0.00 0.00 0.00
3-B-2 312,000.00 304,958.53 1,199.01 0.00 0.00 0.00
3-B-3 235,000.00 229,696.33 903.10 0.00 0.00 0.00
3-B-4 156,000.00 152,479.26 599.50 0.00 0.00 0.00
3-B-5 156,000.00 152,479.26 599.50 0.00 0.00 0.00
3-B-6 157,485.54 153,931.28 605.21 0.00 0.00 0.00
A-PO 4,705,505.00 4,516,153.99 9,907.49 23,276.83 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
30-IO 0.00 0.00 0.00 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 715,358,942.97 585,162,189.96 1,142,323.73 19,216,915.45 0.00 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
1-A-1 1,599,784.95 33,782,662.29 0.68944209 1,599,784.95
1-A-2 0.00 363,070.00 1.00000000 0.00
1-A-3 0.00 24,961,000.00 1.00000000 0.00
1-A-4 0.00 38,834,000.00 1.00000000 0.00
1-A-5 319,956.99 6,756,532.46 0.68944209 319,956.99
1-A-6 0.00 0.00 0.00000000 0.00
1-A-7 0.00 3,466,000.00 1.00000000 0.00
1-A-8 0.00 1,200,000.00 1.00000000 0.00
1-A-9 0.00 3,483,000.00 1.00000000 0.00
1-A-10 0.00 2,966,000.00 1.00000000 0.00
1-A-11 0.00 4,315,000.00 1.00000000 0.00
1-A-12 4,834,877.67 109,563,865.84 0.70434720 4,834,877.67
1-A-13 108,760.04 2,464,627.05 0.70434719 108,760.04
1-A-14 2,696,529.67 61,106,450.92 0.70434720 2,696,529.67
1-A-15 0.00 1,625,000.00 1.00000000 0.00
1-A-16 0.00 1,625,000.00 1.00000000 0.00
1-A-17 0.00 1,972,500.00 1.00000000 0.00
1-A-18 0.00 1,972,500.00 1.00000000 0.00
1-A-19 0.00 1,367,500.00 1.00000000 0.00
1-A-20 0.00 1,367,500.00 1.00000000 0.00
1-A-21 0.00 22,012,666.00 1.00000000 0.00
1-A-22 0.00 495,172.00 1.00000000 0.00
1-A-R 0.00 0.00 0.00000000 0.00
1-A-MR 0.00 0.00 0.00000000 0.00
1-A-LR 0.00 0.00 0.00000000 0.00
2-A-1 3,241,693.32 18,328,491.75 0.58516023 3,241,693.32
2-A-2 1,768,196.43 9,997,359.56 0.58516023 1,768,196.43
2-A-3 0.00 9,975,000.00 1.00000000 0.00
2-A-4 0.00 6,675,000.00 1.00000000 0.00
2-A-5 92,486.24 830,287.25 0.69132993 92,486.24
3-A-1 4,158,893.06 122,991,837.64 0.80315955 4,158,893.06
4-A-1 1,447,738.54 46,895,467.07 0.84748291 1,447,738.54
4-A-2 26,921.89 872,059.92 0.84748292 26,921.89
1-B-1 6,410.64 5,997,295.59 0.99276537 6,410.64
1-B-2 2,747.42 2,570,269.54 0.99276537 2,747.42
1-B-3 1,373.18 1,284,638.39 0.99276537 1,373.18
1-B-4 915.81 856,756.51 0.99276537 915.81
1-B-5 686.59 642,319.19 0.99276536 686.59
1-B-6 688.21 643,833.97 0.99276536 688.21
X-B-1 5,744.99 2,446,546.82 0.98412986 5,744.99
X-B-2 1,913.45 814,859.52 0.98412986 1,913.45
X-B-3 737.19 313,937.42 0.98412984 737.19
X-B-4 295.80 125,968.62 0.98412984 295.80
X-B-5 293.49 124,984.49 0.98412984 293.49
X-B-6 594.66 253,243.80 0.98412992 594.66
3-B-1 3,908.30 990,139.21 0.97358821 3,908.30
3-B-2 1,199.01 303,759.52 0.97358821 1,199.01
3-B-3 903.10 228,793.23 0.97358821 903.10
3-B-4 599.50 151,879.76 0.97358821 599.50
3-B-5 599.50 151,879.76 0.97358821 599.50
3-B-6 605.21 153,326.06 0.97358818 605.21
A-PO 33,184.32 4,482,969.67 0.95270745 33,184.32
15-IO 0.00 0.00 0.00000000 0.00
30-IO 0.00 0.00 0.00000000 0.00
SES 0.00 0.00 0.00000000 0.00
Totals 20,359,239.17 564,802,950.82 0.78953783 20,359,239.17
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<s> <c> <c> <c> <c> <c>
1-A-1 49,000,000.00 722.09076000 1.22257388 31.42609878 0.00000000
1-A-2 363,070.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-3 24,961,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-4 38,834,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-5 9,800,000.00 722.09076020 1.22257347 31.42609898 0.00000000
1-A-6 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-7 3,466,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-8 1,200,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-9 3,483,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-10 2,966,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-11 4,315,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-12 155,553,776.00 735.42890724 1.16389685 29.91781517 0.00000000
1-A-13 3,499,165.00 735.42890661 1.16389767 29.91781468 0.00000000
1-A-14 86,756,150.00 735.42890723 1.16389685 29.91781516 0.00000000
1-A-15 1,625,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-16 1,625,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-17 1,972,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-18 1,972,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-19 1,367,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-20 1,367,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-21 22,012,666.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-22 495,172.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-MR 25.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 25.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 31,322,176.00 688.65538173 1.08687532 102.40827521 0.00000000
2-A-2 17,084,824.00 688.65538152 1.08687511 102.40827532 0.00000000
2-A-3 9,975,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A-4 6,675,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A-5 1,201,000.00 768.33762698 0.80870941 76.19898418 0.00000000
3-A-1 153,135,000.00 830.31789402 3.26456133 23.89378300 0.00000000
4-A-1 55,335,000.00 873.64607590 3.38361706 22.77954441 0.00000000
4-A-2 1,029,000.00 873.64607386 3.38361516 22.77954325 0.00000000
1-B-1 6,041,000.00 993.82655521 1.06118854 0.00000000 0.00000000
1-B-2 2,589,000.00 993.82655465 1.06118965 0.00000000 0.00000000
1-B-3 1,294,000.00 993.82655332 1.06119011 0.00000000 0.00000000
1-B-4 863,000.00 993.82655852 1.06119351 0.00000000 0.00000000
1-B-5 647,000.00 993.82655332 1.06119011 0.00000000 0.00000000
1-B-6 648,525.82 993.82655266 1.06119136 0.00000000 0.00000000
X-B-1 2,486,000.00 986.44079244 2.31093725 0.00000000 0.00000000
X-B-2 828,000.00 986.44079710 2.31092995 0.00000000 0.00000000
X-B-3 319,000.00 986.44078370 2.31094044 0.00000000 0.00000000
X-B-4 128,000.00 986.44078125 2.31093750 0.00000000 0.00000000
X-B-5 127,000.00 986.44078740 2.31094488 0.00000000 0.00000000
X-B-6 257,327.61 986.44082537 2.31090632 0.00000000 0.00000000
3-B-1 1,017,000.00 977.43117011 3.84296952 0.00000000 0.00000000
3-B-2 312,000.00 977.43118590 3.84298077 0.00000000 0.00000000
3-B-3 235,000.00 977.43119149 3.84297872 0.00000000 0.00000000
3-B-4 156,000.00 977.43115385 3.84294872 0.00000000 0.00000000
3-B-5 156,000.00 977.43115385 3.84294872 0.00000000 0.00000000
3-B-6 157,485.54 977.43119781 3.84295599 0.00000000 0.00000000
A-PO 4,705,505.00 959.75968360 2.10551046 4.94672304 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
30-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
SES 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All Classes are per $1,000 denomination.
</FN>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
1-A-1 0.00000000 32.64867245 689.44208755 0.68944209 32.64867245
1-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-5 0.00000000 32.64867245 689.44208776 0.68944209 32.64867245
1-A-6 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-12 0.00000000 31.08171202 704.34719527 0.70434720 31.08171202
1-A-13 0.00000000 31.08171235 704.34719426 0.70434719 31.08171235
1-A-14 0.00000000 31.08171202 704.34719521 0.70434720 31.08171202
1-A-15 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-16 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-17 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-18 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-19 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-20 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-21 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-22 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-MR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 103.49515053 585.16023120 0.58516023 103.49515053
2-A-2 0.00000000 103.49515043 585.16023109 0.58516023 103.49515043
2-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A-5 0.00000000 77.00769359 691.32993339 0.69132993 77.00769359
3-A-1 0.00000000 27.15834434 803.15954968 0.80315955 27.15834434
4-A-1 0.00000000 26.16316147 847.48291443 0.84748291 26.16316147
4-A-2 0.00000000 26.16315841 847.48291545 0.84748292 26.16315841
1-B-1 0.00000000 1.06118854 992.76536832 0.99276537 1.06118854
1-B-2 0.00000000 1.06118965 992.76536887 0.99276537 1.06118965
1-B-3 0.00000000 1.06119011 992.76537094 0.99276537 1.06119011
1-B-4 0.00000000 1.06119351 992.76536501 0.99276537 1.06119351
1-B-5 0.00000000 1.06119011 992.76536321 0.99276536 1.06119011
1-B-6 0.00000000 1.06119136 992.76536129 0.99276536 1.06119136
X-B-1 0.00000000 2.31093725 984.12985519 0.98412986 2.31093725
X-B-2 0.00000000 2.31092995 984.12985507 0.98412986 2.31092995
X-B-3 0.00000000 2.31094044 984.12984326 0.98412984 2.31094044
X-B-4 0.00000000 2.31093750 984.12984375 0.98412984 2.31093750
X-B-5 0.00000000 2.31094488 984.12984252 0.98412984 2.31094488
X-B-6 0.00000000 2.31090632 984.12991906 0.98412992 2.31090632
3-B-1 0.00000000 3.84296952 973.58821042 0.97358821 3.84296952
3-B-2 0.00000000 3.84298077 973.58820513 0.97358821 3.84298077
3-B-3 0.00000000 3.84297872 973.58821277 0.97358821 3.84297872
3-B-4 0.00000000 3.84294872 973.58820513 0.97358821 3.84294872
3-B-5 0.00000000 3.84294872 973.58820513 0.97358821 3.84294872
3-B-6 0.00000000 3.84295599 973.58817832 0.97358818 3.84295599
A-PO 0.00000000 7.05223350 952.70745010 0.95270745 7.05223350
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
30-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
SES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
1-A-1 49,000,000.00 5.00000% 35,382,447.24 147,426.86 0.00 0.00
1-A-2 363,070.00 0.00000% 363,070.00 0.00 0.00 0.00
1-A-3 24,961,000.00 5.50000% 24,961,000.00 114,404.58 0.00 0.00
1-A-4 38,834,000.00 5.50000% 38,834,000.00 177,989.17 0.00 0.00
1-A-5 9,800,000.00 1.60000% 7,076,489.45 9,435.32 0.00 0.00
1-A-6 0.00 6.40000% 7,076,489.45 37,741.28 0.00 0.00
1-A-7 3,466,000.00 5.50000% 3,466,000.00 15,885.83 0.00 0.00
1-A-8 1,200,000.00 5.50000% 1,200,000.00 5,500.00 0.00 0.00
1-A-9 3,483,000.00 5.50000% 3,483,000.00 15,963.75 0.00 0.00
1-A-10 2,966,000.00 5.50000% 2,966,000.00 13,594.17 0.00 0.00
1-A-11 4,315,000.00 5.50000% 4,315,000.00 19,777.08 0.00 0.00
1-A-12 155,553,776.00 1.55000% 114,398,743.50 147,765.04 0.00 0.00
1-A-13 3,499,165.00 1.55000% 2,573,387.09 3,323.96 0.00 0.00
1-A-14 86,756,150.00 12.74167% 63,802,980.59 677,463.59 0.00 0.00
1-A-15 1,625,000.00 5.25000% 1,625,000.00 7,109.38 0.00 0.00
1-A-16 1,625,000.00 5.75000% 1,625,000.00 7,786.46 0.00 0.00
1-A-17 1,972,500.00 5.25000% 1,972,500.00 8,629.69 0.00 0.00
1-A-18 1,972,500.00 5.75000% 1,972,500.00 9,451.56 0.00 0.00
1-A-19 1,367,500.00 5.25000% 1,367,500.00 5,982.81 0.00 0.00
1-A-20 1,367,500.00 5.75000% 1,367,500.00 6,552.60 0.00 0.00
1-A-21 22,012,666.00 5.50000% 22,012,666.00 100,891.39 0.00 0.00
1-A-22 495,172.00 5.50000% 495,172.00 2,269.54 0.00 0.00
1-A-R 50.00 5.50000% 0.00 0.00 0.00 0.00
1-A-MR 25.00 5.50000% 0.00 0.00 0.00 0.00
1-A-LR 25.00 5.50000% 0.00 0.00 0.00 0.00
2-A-1 31,322,176.00 1.55000% 21,570,185.07 27,861.49 0.00 0.00
2-A-2 17,084,824.00 12.74167% 11,765,555.99 124,927.32 0.00 0.00
2-A-3 9,975,000.00 5.50000% 9,975,000.00 45,718.75 0.00 0.00
2-A-4 6,675,000.00 5.50000% 6,675,000.00 30,593.75 0.00 0.00
2-A-5 1,201,000.00 5.50000% 922,773.49 4,229.38 0.00 0.00
3-A-1 153,135,000.00 5.00000% 127,150,730.70 529,794.71 0.00 0.00
4-A-1 55,335,000.00 5.00000% 48,343,205.61 201,430.02 0.00 0.00
4-A-2 1,029,000.00 5.00000% 898,981.81 3,745.76 0.00 0.00
1-B-1 6,041,000.00 5.50000% 6,003,706.22 27,516.99 0.00 0.00
1-B-2 2,589,000.00 5.50000% 2,573,016.95 11,792.99 0.00 0.00
1-B-3 1,294,000.00 5.50000% 1,286,011.56 5,894.22 0.00 0.00
1-B-4 863,000.00 5.50000% 857,672.32 3,931.00 0.00 0.00
1-B-5 647,000.00 5.50000% 643,005.78 2,947.11 0.00 0.00
1-B-6 648,525.82 5.50000% 644,522.18 2,954.06 0.00 0.00
X-B-1 2,486,000.00 5.27129% 2,452,291.81 10,772.27 0.00 0.00
X-B-2 828,000.00 5.27129% 816,772.98 3,587.87 0.00 0.00
X-B-3 319,000.00 5.27129% 314,674.61 1,382.28 0.00 0.00
X-B-4 128,000.00 5.27129% 126,264.42 554.65 0.00 0.00
X-B-5 127,000.00 5.27129% 125,277.98 550.31 0.00 0.00
X-B-6 257,327.61 5.27129% 253,838.46 1,115.05 0.00 0.00
3-B-1 1,017,000.00 5.00000% 994,047.50 4,141.86 0.00 0.00
3-B-2 312,000.00 5.00000% 304,958.53 1,270.66 0.00 0.00
3-B-3 235,000.00 5.00000% 229,696.33 957.07 0.00 0.00
3-B-4 156,000.00 5.00000% 152,479.26 635.33 0.00 0.00
3-B-5 156,000.00 5.00000% 152,479.26 635.33 0.00 0.00
3-B-6 157,485.54 5.00000% 153,931.28 641.38 0.00 0.00
A-PO 4,705,505.00 0.00000% 4,516,153.99 0.00 0.00 0.00
15-IO 0.00 0.32682% 90,597,823.20 24,674.38 0.00 0.00
30-IO 0.00 0.33988% 298,883,295.18 84,652.79 0.00 0.00
SES 0.00 0.00000% 585,162,188.67 0.00 0.00 0.00
Totals 715,358,942.97 2,693,852.84 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 (0.01) 0.00 147,426.87 0.00 33,782,662.29
1-A-2 0.00 0.00 0.00 0.00 363,070.00
1-A-3 (0.01) 0.00 114,404.59 0.00 24,961,000.00
1-A-4 (0.01) 0.00 177,989.18 0.00 38,834,000.00
1-A-5 0.00 0.00 9,435.32 0.00 6,756,532.46
1-A-6 0.00 0.00 37,741.28 0.00 6,756,532.46
1-A-7 0.00 0.00 15,885.83 0.00 3,466,000.00
1-A-8 0.00 0.00 5,500.00 0.00 1,200,000.00
1-A-9 0.00 0.00 15,963.75 0.00 3,483,000.00
1-A-10 0.00 0.00 13,594.17 0.00 2,966,000.00
1-A-11 0.00 0.00 19,777.08 0.00 4,315,000.00
1-A-12 (0.01) 0.00 147,765.05 0.00 109,563,865.84
1-A-13 0.00 0.00 3,323.96 0.00 2,464,627.05
1-A-14 (0.05) 0.00 677,463.64 0.00 61,106,450.92
1-A-15 0.00 0.00 7,109.38 0.00 1,625,000.00
1-A-16 0.00 0.00 7,786.46 0.00 1,625,000.00
1-A-17 0.00 0.00 8,629.69 0.00 1,972,500.00
1-A-18 0.00 0.00 9,451.56 0.00 1,972,500.00
1-A-19 0.00 0.00 5,982.81 0.00 1,367,500.00
1-A-20 0.00 0.00 6,552.60 0.00 1,367,500.00
1-A-21 (0.01) 0.00 100,891.39 0.00 22,012,666.00
1-A-22 0.00 0.00 2,269.54 0.00 495,172.00
1-A-R 0.00 0.00 0.00 0.00 0.00
1-A-MR 0.00 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.01 0.00 0.00
2-A-1 0.00 0.00 27,861.49 0.00 18,328,491.75
2-A-2 (0.01) 0.00 124,927.34 0.00 9,997,359.56
2-A-3 0.00 0.00 45,718.75 0.00 9,975,000.00
2-A-4 0.00 0.00 30,593.75 0.00 6,675,000.00
2-A-5 0.00 0.00 4,229.38 0.00 830,287.25
3-A-1 5,451.07 0.00 524,343.64 0.00 122,991,837.64
4-A-1 (0.02) 0.00 201,430.04 0.00 46,895,467.07
4-A-2 0.00 0.00 3,745.76 0.00 872,059.92
1-B-1 0.00 0.00 27,516.99 0.00 5,997,295.59
1-B-2 0.00 0.00 11,793.00 0.00 2,570,269.54
1-B-3 0.00 0.00 5,894.22 0.00 1,284,638.39
1-B-4 0.00 0.00 3,931.00 0.00 856,756.51
1-B-5 0.00 0.00 2,947.11 0.00 642,319.19
1-B-6 0.00 0.00 2,954.06 0.00 643,833.97
X-B-1 0.00 0.00 10,772.27 0.00 2,446,546.82
X-B-2 0.00 0.00 3,587.87 0.00 814,859.52
X-B-3 0.00 0.00 1,382.28 0.00 313,937.42
X-B-4 0.00 0.00 554.65 0.00 125,968.62
X-B-5 0.00 0.00 550.31 0.00 124,984.49
X-B-6 0.00 0.00 1,115.05 0.00 253,243.80
3-B-1 42.62 0.00 4,099.25 0.00 990,139.21
3-B-2 13.07 0.00 1,257.59 0.00 303,759.52
3-B-3 9.85 0.00 947.22 0.00 228,793.23
3-B-4 6.54 0.00 628.79 0.00 151,879.76
3-B-5 6.54 0.00 628.79 0.00 151,879.76
3-B-6 6.60 0.00 634.78 0.00 153,326.06
A-PO 0.00 0.00 0.00 0.00 4,482,969.67
15-IO 188.25 0.00 24,486.13 0.00 86,621,934.72
30-IO (0.01) 0.00 84,652.80 0.00 284,888,918.91
SES 0.00 0.00 102,908.26 0.00 564,802,949.51
Totals 5,724.40 0.00 2,791,036.73 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
1-A-1 49,000,000.00 5.00000% 722.09076000 3.00871143 0.00000000 0.00000000
1-A-2 363,070.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-3 24,961,000.00 5.50000% 1000.00000000 4.58333320 0.00000000 0.00000000
1-A-4 38,834,000.00 5.50000% 1000.00000000 4.58333342 0.00000000 0.00000000
1-A-5 9,800,000.00 1.60000% 722.09076020 0.96278776 0.00000000 0.00000000
1-A-6 0.00 6.40000% 722.09076020 3.85115102 0.00000000 0.00000000
1-A-7 3,466,000.00 5.50000% 1000.00000000 4.58333237 0.00000000 0.00000000
1-A-8 1,200,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-9 3,483,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-10 2,966,000.00 5.50000% 1000.00000000 4.58333446 0.00000000 0.00000000
1-A-11 4,315,000.00 5.50000% 1000.00000000 4.58333256 0.00000000 0.00000000
1-A-12 155,553,776.00 1.55000% 735.42890724 0.94992898 0.00000000 0.00000000
1-A-13 3,499,165.00 1.55000% 735.42890661 0.94992948 0.00000000 0.00000000
1-A-14 86,756,150.00 12.74167% 735.42890723 7.80882497 0.00000000 0.00000000
1-A-15 1,625,000.00 5.25000% 1000.00000000 4.37500308 0.00000000 0.00000000
1-A-16 1,625,000.00 5.75000% 1000.00000000 4.79166769 0.00000000 0.00000000
1-A-17 1,972,500.00 5.25000% 1000.00000000 4.37500127 0.00000000 0.00000000
1-A-18 1,972,500.00 5.75000% 1000.00000000 4.79166540 0.00000000 0.00000000
1-A-19 1,367,500.00 5.25000% 1000.00000000 4.37499817 0.00000000 0.00000000
1-A-20 1,367,500.00 5.75000% 1000.00000000 4.79166362 0.00000000 0.00000000
1-A-21 22,012,666.00 5.50000% 1000.00000000 4.58333352 0.00000000 0.00000000
1-A-22 495,172.00 5.50000% 1000.00000000 4.58333670 0.00000000 0.00000000
1-A-R 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-A-MR 25.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 25.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 31,322,176.00 1.55000% 688.65538173 0.88951323 0.00000000 0.00000000
2-A-2 17,084,824.00 12.74167% 688.65538152 7.31218068 0.00000000 0.00000000
2-A-3 9,975,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
2-A-4 6,675,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
2-A-5 1,201,000.00 5.50000% 768.33762698 3.52154871 0.00000000 0.00000000
3-A-1 153,135,000.00 5.00000% 830.31789402 3.45965788 0.00000000 0.00000000
4-A-1 55,335,000.00 5.00000% 873.64607590 3.64019192 0.00000000 0.00000000
4-A-2 1,029,000.00 5.00000% 873.64607386 3.64019436 0.00000000 0.00000000
1-B-1 6,041,000.00 5.50000% 993.82655521 4.55503890 0.00000000 0.00000000
1-B-2 2,589,000.00 5.50000% 993.82655465 4.55503669 0.00000000 0.00000000
1-B-3 1,294,000.00 5.50000% 993.82655332 4.55503864 0.00000000 0.00000000
1-B-4 863,000.00 5.50000% 993.82655852 4.55504056 0.00000000 0.00000000
1-B-5 647,000.00 5.50000% 993.82655332 4.55503864 0.00000000 0.00000000
1-B-6 648,525.82 5.50000% 993.82655266 4.55503838 0.00000000 0.00000000
X-B-1 2,486,000.00 5.27129% 986.44079244 4.33317377 0.00000000 0.00000000
X-B-2 828,000.00 5.27129% 986.44079710 4.33317633 0.00000000 0.00000000
X-B-3 319,000.00 5.27129% 986.44078370 4.33316614 0.00000000 0.00000000
X-B-4 128,000.00 5.27129% 986.44078125 4.33320313 0.00000000 0.00000000
X-B-5 127,000.00 5.27129% 986.44078740 4.33314961 0.00000000 0.00000000
X-B-6 257,327.61 5.27129% 986.44082537 4.33319223 0.00000000 0.00000000
3-B-1 1,017,000.00 5.00000% 977.43117011 4.07262537 0.00000000 0.00000000
3-B-2 312,000.00 5.00000% 977.43118590 4.07262821 0.00000000 0.00000000
3-B-3 235,000.00 5.00000% 977.43119149 4.07263830 0.00000000 0.00000000
3-B-4 156,000.00 5.00000% 977.43115385 4.07262821 0.00000000 0.00000000
3-B-5 156,000.00 5.00000% 977.43115385 4.07262821 0.00000000 0.00000000
3-B-6 157,485.54 5.00000% 977.43119781 4.07262787 0.00000000 0.00000000
A-PO 4,705,505.00 0.00000% 959.75968360 0.00000000 0.00000000 0.00000000
15-IO 0.00 0.32682% 811.09765614 0.22090301 0.00000000 0.00000000
30-IO 0.00 0.33988% 765.68134682 0.21686412 0.00000000 0.00000000
SES 0.00 0.00000% 817.99800450 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 (0.00000020) 0.00000000 3.00871163 0.00000000 689.44208755
1-A-2 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000
1-A-3 (0.00000040) 0.00000000 4.58333360 0.00000000 1000.00000000
1-A-4 (0.00000026) 0.00000000 4.58333368 0.00000000 1000.00000000
1-A-5 0.00000000 0.00000000 0.96278776 0.00000000 689.44208776
1-A-6 0.00000000 0.00000000 3.85115102 0.00000000 689.44208776
1-A-7 0.00000000 0.00000000 4.58333237 0.00000000 1000.00000000
1-A-8 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-9 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-10 0.00000000 0.00000000 4.58333446 0.00000000 1000.00000000
1-A-11 0.00000000 0.00000000 4.58333256 0.00000000 1000.00000000
1-A-12 (0.00000006) 0.00000000 0.94992905 0.00000000 704.34719527
1-A-13 0.00000000 0.00000000 0.94992948 0.00000000 704.34719426
1-A-14 (0.00000058) 0.00000000 7.80882554 0.00000000 704.34719521
1-A-15 0.00000000 0.00000000 4.37500308 0.00000000 1000.00000000
1-A-16 0.00000000 0.00000000 4.79166769 0.00000000 1000.00000000
1-A-17 0.00000000 0.00000000 4.37500127 0.00000000 1000.00000000
1-A-18 0.00000000 0.00000000 4.79166540 0.00000000 1000.00000000
1-A-19 0.00000000 0.00000000 4.37499817 0.00000000 1000.00000000
1-A-20 0.00000000 0.00000000 4.79166362 0.00000000 1000.00000000
1-A-21 (0.00000045) 0.00000000 4.58333352 0.00000000 1000.00000000
1-A-22 0.00000000 0.00000000 4.58333670 0.00000000 1000.00000000
1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-MR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 0.00000000 0.00000000 0.40000000 0.00000000 0.00000000
2-A-1 0.00000000 0.00000000 0.88951323 0.00000000 585.16023120
2-A-2 (0.00000059) 0.00000000 7.31218185 0.00000000 585.16023109
2-A-3 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
2-A-4 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
2-A-5 0.00000000 0.00000000 3.52154871 0.00000000 691.32993339
3-A-1 0.03559650 0.00000000 3.42406138 0.00000000 803.15954968
4-A-1 (0.00000036) 0.00000000 3.64019228 0.00000000 847.48291443
4-A-2 0.00000000 0.00000000 3.64019436 0.00000000 847.48291545
1-B-1 0.00000000 0.00000000 4.55503890 0.00000000 992.76536832
1-B-2 0.00000000 0.00000000 4.55504056 0.00000000 992.76536887
1-B-3 0.00000000 0.00000000 4.55503864 0.00000000 992.76537094
1-B-4 0.00000000 0.00000000 4.55504056 0.00000000 992.76536501
1-B-5 0.00000000 0.00000000 4.55503864 0.00000000 992.76536321
1-B-6 0.00000000 0.00000000 4.55503838 0.00000000 992.76536129
X-B-1 0.00000000 0.00000000 4.33317377 0.00000000 984.12985519
X-B-2 0.00000000 0.00000000 4.33317633 0.00000000 984.12985507
X-B-3 0.00000000 0.00000000 4.33316614 0.00000000 984.12984326
X-B-4 0.00000000 0.00000000 4.33320313 0.00000000 984.12984375
X-B-5 0.00000000 0.00000000 4.33314961 0.00000000 984.12984252
X-B-6 0.00000000 0.00000000 4.33319223 0.00000000 984.12991906
3-B-1 0.04190757 0.00000000 4.03072763 0.00000000 973.58821042
3-B-2 0.04189103 0.00000000 4.03073718 0.00000000 973.58820513
3-B-3 0.04191489 0.00000000 4.03072340 0.00000000 973.58821277
3-B-4 0.04192308 0.00000000 4.03070513 0.00000000 973.58820513
3-B-5 0.04192308 0.00000000 4.03070513 0.00000000 973.58820513
3-B-6 0.04190861 0.00000000 4.03071926 0.00000000 973.58817832
A-PO 0.00000000 0.00000000 0.00000000 0.00000000 952.70745010
15-IO 0.00168535 0.00000000 0.21921766 0.00000000 775.50260856
30-IO (0.00000003) 0.00000000 0.21686414 0.00000000 729.83045437
SES 0.00000000 0.00000000 0.14385542 0.00000000 789.53783170
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<s> <c> <c> <c> <c> <c> <c>
1-SES 0.00000% 349,977,550.36 340,401,036.44 0.00 0.00 78.88921062%
2-SES 0.00000% 53,289,237.63 48,184,342.69 0.00 0.00 70.18460162%
3-SES 0.00000% 130,277,313.64 126,083,631.49 0.00 0.00 80.63025609%
4-SES 0.00000% 51,618,087.04 50,133,938.89 0.00 0.00 85.20368900%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 23,178,028.42
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 23,178,028.42
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 27,752.52
Payment of Interest and Principal 23,150,275.90
Total Withdrawals (Pool Distribution Amount) 23,178,028.42
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 5,724.40
SERVICING FEES
<s> <c>
Gross Servicing Fee 24,381.75
MBIA Fee 1,664.07
Trustee Fee - Wells Fargo Bank, N.A. 1,706.70
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 27,752.52
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<s> <c> <c> <c> <c>
Class 1-A3 Reserve Fund 19,999.99 0.00 0.00 19,999.99
Class 1-A3 Rounding Account 999.99 0.00 0.00 999.99
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 2 0 0 0 2
921,419.35 0.00 0.00 0.00 921,419.35
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 2 0 0 0 2
921,419.35 0.00 0.00 0.00 921,419.35
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 0.171233% 0.000000% 0.000000% 0.000000% 0.171233%
0.162869% 0.000000% 0.000000% 0.000000% 0.162869%
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 0.171233% 0.000000% 0.000000% 0.000000% 0.171233%
0.162869% 0.000000% 0.000000% 0.000000% 0.162869%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
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 2 0 0 0 2
921,419.35 0.00 0.00 0.00 921,419.35
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 2 0 0 0 2
921,419.35 0.00 0.00 0.00 921,419.35
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.282486% 0.000000% 0.000000% 0.000000% 0.282486%
0.270445% 0.000000% 0.000000% 0.000000% 0.270445%
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 0.282486% 0.000000% 0.000000% 0.000000% 0.282486%
0.270445% 0.000000% 0.000000% 0.000000% 0.270445%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<caption>
<s>
2 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<caption>
<s>
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%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<caption>
<s>
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%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 5,354.17
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 5.781233%
Weighted Average Pass-Through Rate 5.527733%
Weighted Average Maturity(Stepdown Calculation ) 262
Beginning Scheduled Collateral Loan Count 1,203
Number Of Loans Paid In Full 35
Ending Scheduled Collateral Loan Count 1,168
Beginning Scheduled Collateral Balance 585,162,188.67
Ending Scheduled Collateral Balance 564,802,949.51
Ending Actual Collateral Balance at 31-May-2004 565,742,969.87
Monthly P &I Constant 3,961,456.27
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Class A Optimal Amount 22,910,075.29
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 564,802,949.51
Scheduled Principal 1,142,323.71
Unscheduled Principal 19,216,915.45
Group Level Collateral Statement
Group 1 2 3
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 5.961081 6.000082 5.378317
Weighted Average Net Rate 5.711081 5.750082 5.128317
Weighted Average Maturity 351 352 171
Beginning Loan Count 727 107 267
Loans Paid In Full 19 8 6
Ending Loan Count 708 99 261
Beginning Scheduled Balance 349,977,550.36 53,289,237.63 130,277,313.64
Ending scheduled Balance 340,401,036.44 48,184,342.69 126,083,631.49
Record Date 05/31/2004 05/31/2004 05/31/2004
Principal And Interest Constant 2,112,521.43 322,552.30 1,096,162.92
Scheduled Principal 373,984.34 56,102.46 512,268.98
Unscheduled Principal 9,202,529.58 5,048,792.48 3,681,413.17
Scheduled Interest 1,738,537.09 266,449.84 583,893.94
Servicing Fees 72,911.99 11,101.92 27,141.12
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,020.76 155.44 379.96
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 1,664,604.34 255,192.48 556,372.86
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 5.707581 5.746582 5.124817
Group Level Collateral Statement
Group 4 Total
Collateral Description Mixed Fixed Fixed
Weighted Average Coupon Rate 5.352814 5.781233
Weighted Average Net Rate 5.102814 5.531233
Weighted Average Maturity 172 262
Beginning Loan Count 102 1,203
Loans Paid In Full 2 35
Ending Loan Count 100 1,168
Beginning Scheduled Balance 51,618,087.04 585,162,188.67
Ending scheduled Balance 50,133,938.89 564,802,949.51
Record Date 05/31/2004 05/31/2004
Principal And Interest Constant 430,219.62 3,961,456.27
Scheduled Principal 199,967.93 1,142,323.71
Unscheduled Principal 1,284,180.22 19,216,915.45
Scheduled Interest 230,251.69 2,819,132.56
Servicing Fees 10,753.76 121,908.79
Master Servicing Fees 0.00 0.00
Trustee Fee 150.54 1,706.70
FRY Amount 0.00 0.00
Special Hazard Fee 0.00 0.00
Other Fee 0.00 0.00
Pool Insurance Fee 0.00 0.00
Spread Fee 1 0.00 0.00
Spread Fee 2 0.00 0.00
Spread Fee 3 0.00 0.00
Net Interest 219,347.39 2,695,517.07
Realized Loss Amount 0.00 0.00
Cumulative Realized Loss 0.00 0.00
Percentage of Cumulative Losses 0.0000 0.0000
Prepayment Penalties 0.00 0.00
Special Servicing Fee 0.00 0.00
Pass-Through Rate 5.099314 5.527733
Miscellaneous Reporting
Group 1
CPR 27.392708%
Senior % 96.542169%
Senior Prepayment % 100.000000%
Subordinate % 3.457831%
Subordinate Prepayment % 0.000000%
Group 2
CPR 69.752692%
Senior % 95.823924%
Senior Prepayment % 100.000000%
Subordinate % 4.176076%
Subordinate Prepayment % 0.000000%
Group 3
CPR 29.203488%
Senior % 98.460882%
Senior Prepayment % 100.000000%
Subordinate % 1.539118%
Subordinate Prepayment % 0.000000%
Miscellaneous Reporting
Group 4
CPR 26.177679%
Senior % 96.340460%
Senior Prepayment % 100.000000%
Subordinate % 3.659540%
Subordinate Prepayment % 0.000000%