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 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 June 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
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 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: 6/28/04
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 June 25, 2004 distribution.
EX-99.1
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 5/31/04
Distribution Date: 6/25/04
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% 59,294,126.13 271,764.75 298,053.13
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% 32,811,531.09 164,057.66 325,510.44
2-A-2 05948KHC6 SEN 1.55000% 58,781,729.55 75,926.40 644,410.99
2-A-3 05948KHD4 SEN 16.68000% 24,492,388.53 340,444.21 268,504.59
2-A-4 05948KHE2 SEN 6.00000% 5,816,481.04 29,082.41 (29,082.41)
3-A-1 05948KHF9 SEN 5.50000% 79,762,889.47 365,579.92 1,438,908.42
CB-IO 05948KHG7 IO 0.41009% 0.00 62,320.89 0.00
4-A-1 05948KHH5 SEN 5.50000% 23,087,984.31 105,819.93 801,719.11
4-A-2 05948KHJ1 SEN 5.50000% 2,341,000.00 10,729.58 0.00
4-A-3 05948KHK8 SEN 5.50000% 2,341,000.00 10,729.58 0.00
4-IO 05948KHL6 IO 0.55064% 0.00 10,177.60 0.00
5-A-1 05948KHM4 SEN 4.50000% 68,099,828.76 255,374.31 730,935.93
5-A-2 05948KHN2 SEN 4.50000% 1,255,019.72 4,706.32 13,470.50
6-A-1 05948KHP7 SEN 5.25000% 1,558,132.25 6,816.83 32,506.84
6-A-2 05948KHQ5 SEN 5.50000% 42,578,434.98 195,151.12 888,300.87
6-A-3 05948KHR3 SEN 5.00000% 42,578,434.98 177,410.11 888,300.87
15-IO 05948KHS1 IO 0.38592% 0.00 33,994.85 0.00
PO 05948KHT9 PO 0.00000% 5,253,814.51 0.00 83,283.42
15-B-1 05948KHX0 SUB 4.91817% 1,906,902.60 7,815.39 7,822.04
15-B-2 05948KHY8 SUB 4.91817% 580,955.99 2,381.03 2,383.06
15-B-3 05948KHZ5 SUB 4.91817% 579,979.59 2,377.03 2,379.05
15-B-4 05948KJE0 SUB 4.91817% 248,981.14 1,020.44 1,021.31
15-B-5 05948KJF7 SUB 4.91817% 165,987.43 680.29 680.87
15-B-6 05948KJG5 SUB 4.91817% 248,911.83 1,020.16 1,021.02
30-B-1 05948KHU6 SUB 5.71028% 7,700,497.01 36,643.30 8,303.68
30-B-2 05948KHV4 SUB 5.71028% 3,347,912.56 15,931.25 3,610.16
30-B-3 05948KHW2 SUB 5.71028% 1,674,453.15 7,967.99 1,805.61
30-B-4 05948KJB6 SUB 5.71028% 1,673,459.41 7,963.26 1,804.54
30-B-5 05948KJC4 SUB 5.71028% 1,171,620.34 5,575.23 1,263.39
30-B-6 05948KJD2 SUB 5.71028% 1,339,584.40 6,374.50 1,444.50
SES 05948KJA8 SEN 0.00000% 0.00 85,126.05 0.00
Totals 470,692,040.77 2,300,962.39 6,418,361.93
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 58,996,073.00 569,817.88 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 32,486,020.65 489,568.10 0.00
2-A-2 0.00 58,137,318.56 720,337.39 0.00
2-A-3 0.00 24,223,883.93 608,948.80 0.00
2-A-4 0.00 5,845,563.45 0.00 0.00
3-A-1 0.00 78,323,981.05 1,804,488.34 0.00
CB-IO 0.00 0.00 62,320.89 0.00
4-A-1 0.00 22,286,265.20 907,539.04 0.00
4-A-2 0.00 2,341,000.00 10,729.58 0.00
4-A-3 0.00 2,341,000.00 10,729.58 0.00
4-IO 0.00 0.00 10,177.60 0.00
5-A-1 0.00 67,368,892.83 986,310.24 0.00
5-A-2 0.00 1,241,549.22 18,176.82 0.00
6-A-1 0.00 1,525,625.41 39,323.67 0.00
6-A-2 0.00 41,690,134.11 1,083,451.99 0.00
6-A-3 0.00 41,690,134.11 1,065,710.98 0.00
15-IO 0.00 0.00 33,994.85 0.00
PO 0.00 5,170,531.10 83,283.42 0.00
15-B-1 0.00 1,899,080.56 15,637.43 0.00
15-B-2 0.00 578,572.93 4,764.09 0.00
15-B-3 0.00 577,600.54 4,756.08 0.00
15-B-4 0.00 247,959.83 2,041.75 0.00
15-B-5 0.00 165,306.55 1,361.16 0.00
15-B-6 0.00 247,890.81 2,041.18 0.00
30-B-1 0.00 7,692,193.33 44,946.98 0.00
30-B-2 0.00 3,344,302.41 19,541.41 0.00
30-B-3 0.00 1,672,647.54 9,773.60 0.00
30-B-4 0.00 1,671,654.87 9,767.80 0.00
30-B-5 0.00 1,170,356.94 6,838.62 0.00
30-B-6 0.00 1,338,139.91 7,819.00 0.00
SES 0.00 0.00 85,126.05 0.00
Totals 0.00 464,273,678.84 8,719,324.32 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 59,294,126.13 72,080.85 225,972.28 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 32,811,531.09 33,208.77 292,301.66 0.00 0.00
2-A-2 65,013,882.00 58,781,729.55 65,743.20 578,667.79 0.00 0.00
2-A-3 27,089,118.00 24,492,388.53 27,393.00 241,111.59 0.00 0.00
2-A-4 5,645,000.00 5,816,481.04 0.00 0.00 (29,082.41) 0.00
3-A-1 86,988,000.00 79,762,889.47 86,970.94 1,351,937.48 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 23,087,984.31 29,197.46 772,521.65 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 68,099,828.76 291,975.35 438,960.58 0.00 0.00
5-A-2 1,317,000.00 1,255,019.72 5,380.85 8,089.66 0.00 0.00
6-A-1 1,655,000.00 1,558,132.25 6,162.03 26,344.80 0.00 0.00
6-A-2 45,225,500.00 42,578,434.98 168,387.37 719,913.49 0.00 0.00
6-A-3 45,225,500.00 42,578,434.98 168,387.37 719,913.49 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
PO 5,471,808.00 5,253,814.51 10,208.38 73,075.03 0.00 0.00
15-B-1 1,953,000.00 1,906,902.60 7,822.04 0.00 0.00 0.00
15-B-2 595,000.00 580,955.99 2,383.06 0.00 0.00 0.00
15-B-3 594,000.00 579,979.59 2,379.05 0.00 0.00 0.00
15-B-4 255,000.00 248,981.14 1,021.31 0.00 0.00 0.00
15-B-5 170,000.00 165,987.43 680.87 0.00 0.00 0.00
15-B-6 254,929.00 248,911.83 1,021.02 0.00 0.00 0.00
30-B-1 7,749,000.00 7,700,497.01 8,303.68 0.00 0.00 0.00
30-B-2 3,369,000.00 3,347,912.56 3,610.16 0.00 0.00 0.00
30-B-3 1,685,000.00 1,674,453.15 1,805.61 0.00 0.00 0.00
30-B-4 1,684,000.00 1,673,459.41 1,804.54 0.00 0.00 0.00
30-B-5 1,179,000.00 1,171,620.34 1,263.39 0.00 0.00 0.00
30-B-6 1,348,022.00 1,339,584.40 1,444.50 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 506,695,859.00 470,692,040.77 998,634.80 5,448,809.50 (29,082.41) 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-1 298,053.13 58,996,073.00 0.95345648 298,053.13
1-A-R 0.00 0.00 0.00000000 0.00
1-A-LR 0.00 0.00 0.00000000 0.00
2-A-1 325,510.44 32,486,020.65 0.90238946 325,510.44
2-A-2 644,410.99 58,137,318.56 0.89422931 644,410.99
2-A-3 268,504.59 24,223,883.93 0.89422933 268,504.59
2-A-4 (29,082.41) 5,845,563.45 1.03552940 (29,082.41)
3-A-1 1,438,908.42 78,323,981.05 0.90039984 1,438,908.42
CB-IO 0.00 0.00 0.00000000 0.00
4-A-1 801,719.11 22,286,265.20 0.79006896 801,719.11
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-1 730,935.93 67,368,892.83 0.94271011 730,935.93
5-A-2 13,470.50 1,241,549.22 0.94271011 13,470.50
6-A-1 32,506.84 1,525,625.41 0.92182804 32,506.84
6-A-2 888,300.87 41,690,134.11 0.92182804 888,300.87
6-A-3 888,300.87 41,690,134.11 0.92182804 888,300.87
15-IO 0.00 0.00 0.00000000 0.00
PO 83,283.42 5,170,531.10 0.94494016 83,283.42
15-B-1 7,822.04 1,899,080.56 0.97239148 7,822.04
15-B-2 2,383.06 578,572.93 0.97239148 2,383.06
15-B-3 2,379.05 577,600.54 0.97239148 2,379.05
15-B-4 1,021.31 247,959.83 0.97239149 1,021.31
15-B-5 680.87 165,306.55 0.97239147 680.87
15-B-6 1,021.02 247,890.81 0.97239157 1,021.02
30-B-1 8,303.68 7,692,193.33 0.99266916 8,303.68
30-B-2 3,610.16 3,344,302.41 0.99266916 3,610.16
30-B-3 1,805.61 1,672,647.54 0.99266916 1,805.61
30-B-4 1,804.54 1,671,654.87 0.99266916 1,804.54
30-B-5 1,263.39 1,170,356.94 0.99266916 1,263.39
30-B-6 1,444.50 1,338,139.91 0.99266919 1,444.50
SES 0.00 0.00 0.00000000 0.00
Totals 6,418,361.93 464,273,678.84 0.91627684 6,418,361.93
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 61,876,000.00 958.27341990 1.16492420 3.65201823 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 36,000,000.00 911.43141917 0.92246583 8.11949056 0.00000000
2-A-2 65,013,882.00 904.14120403 1.01121788 8.90068047 0.00000000
2-A-3 27,089,118.00 904.14123228 1.01121786 8.90068071 0.00000000
2-A-4 5,645,000.00 1030.37750930 0.00000000 0.00000000 (5.15188840)
3-A-1 86,988,000.00 916.94129616 0.99980388 15.54165494 0.00000000
CB-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 28,208,000.00 818.49065194 1.03507728 27.38661550 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 71,463,000.00 952.93828639 4.08568560 6.14248744 0.00000000
5-A-2 1,317,000.00 952.93828398 4.08568717 6.14249051 0.00000000
6-A-1 1,655,000.00 941.46963746 3.72328097 15.91830816 0.00000000
6-A-2 45,225,500.00 941.46963505 3.72328377 15.91830914 0.00000000
6-A-3 45,225,500.00 941.46963505 3.72328377 15.91830914 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 5,471,808.00 960.16061053 1.86563198 13.35482349 0.00000000
15-B-1 1,953,000.00 976.39662058 4.00514081 0.00000000 0.00000000
15-B-2 595,000.00 976.39662185 4.00514286 0.00000000 0.00000000
15-B-3 594,000.00 976.39661616 4.00513468 0.00000000 0.00000000
15-B-4 255,000.00 976.39662745 4.00513725 0.00000000 0.00000000
15-B-5 170,000.00 976.39664706 4.00511765 0.00000000 0.00000000
15-B-6 254,929.00 976.39668300 4.00511515 0.00000000 0.00000000
30-B-1 7,749,000.00 993.74074203 1.07158085 0.00000000 0.00000000
30-B-2 3,369,000.00 993.74074206 1.07158207 0.00000000 0.00000000
30-B-3 1,685,000.00 993.74074184 1.07157864 0.00000000 0.00000000
30-B-4 1,684,000.00 993.74074228 1.07157957 0.00000000 0.00000000
30-B-5 1,179,000.00 993.74074640 1.07157761 0.00000000 0.00000000
30-B-6 1,348,022.00 993.74075497 1.07157005 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 4.81694243 953.45647747 0.95345648 4.81694243
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 9.04195667 902.38946250 0.90238946 9.04195667
2-A-2 0.00000000 9.91189835 894.22930567 0.89422931 9.91189835
2-A-3 0.00000000 9.91189857 894.22933334 0.89422933 9.91189857
2-A-4 0.00000000 (5.15188840) 1,035.52939770 1.03552940 (5.15188840)
3-A-1 0.00000000 16.54145882 900.39983733 0.90039984 16.54145882
CB-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 0.00000000 28.42169278 790.06895916 0.79006896 28.42169278
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 10.22817304 942.71011335 0.94271011 10.22817304
5-A-2 0.00000000 10.22817008 942.71011390 0.94271011 10.22817008
6-A-1 0.00000000 19.64159517 921.82804230 0.92182804 19.64159517
6-A-2 0.00000000 19.64159313 921.82804192 0.92182804 19.64159313
6-A-3 0.00000000 19.64159313 921.82804192 0.92182804 19.64159313
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 15.22045730 944.94015506 0.94494016 15.22045730
15-B-1 0.00000000 4.00514081 972.39147977 0.97239148 4.00514081
15-B-2 0.00000000 4.00514286 972.39147899 0.97239148 4.00514286
15-B-3 0.00000000 4.00513468 972.39148148 0.97239148 4.00513468
15-B-4 0.00000000 4.00513725 972.39149020 0.97239149 4.00513725
15-B-5 0.00000000 4.00511765 972.39147059 0.97239147 4.00511765
15-B-6 0.00000000 4.00511515 972.39156785 0.97239157 4.00511515
30-B-1 0.00000000 1.07158085 992.66916118 0.99266916 1.07158085
30-B-2 0.00000000 1.07158207 992.66916296 0.99266916 1.07158207
30-B-3 0.00000000 1.07157864 992.66916320 0.99266916 1.07157864
30-B-4 0.00000000 1.07157957 992.66916271 0.99266916 1.07157957
30-B-5 0.00000000 1.07157761 992.66916031 0.99266916 1.07157761
30-B-6 0.00000000 1.07157005 992.66919234 0.99266919 1.07157005
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% 59,294,126.13 271,764.74 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% 32,811,531.09 164,057.66 0.00 0.00
2-A-2 65,013,882.00 1.55000% 58,781,729.55 75,926.40 0.00 0.00
2-A-3 27,089,118.00 16.68000% 24,492,388.53 340,444.20 0.00 0.00
2-A-4 5,645,000.00 6.00000% 5,816,481.04 29,082.41 0.00 0.00
3-A-1 86,988,000.00 5.50000% 79,762,889.47 365,579.91 0.00 0.00
CB-IO 0.00 0.41009% 182,364,417.41 62,320.89 0.00 0.00
4-A-1 28,208,000.00 5.50000% 23,087,984.31 105,819.93 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 0.55064% 22,179,976.16 10,177.60 0.00 0.00
5-A-1 71,463,000.00 4.50000% 68,099,828.76 255,374.36 0.00 0.00
5-A-2 1,317,000.00 4.50000% 1,255,019.72 4,706.32 0.00 0.00
6-A-1 1,655,000.00 5.25000% 1,558,132.25 6,816.83 0.00 0.00
6-A-2 45,225,500.00 5.50000% 42,578,434.98 195,151.16 0.00 0.00
6-A-3 45,225,500.00 5.00000% 42,578,434.98 177,410.15 0.00 0.00
15-IO 0.00 0.38592% 105,706,034.58 33,994.86 0.00 0.00
PO 5,471,808.00 0.00000% 5,253,814.51 0.00 0.00 0.00
15-B-1 1,953,000.00 4.91817% 1,906,902.60 7,815.39 0.00 0.00
15-B-2 595,000.00 4.91817% 580,955.99 2,381.03 0.00 0.00
15-B-3 594,000.00 4.91817% 579,979.59 2,377.03 0.00 0.00
15-B-4 255,000.00 4.91817% 248,981.14 1,020.44 0.00 0.00
15-B-5 170,000.00 4.91817% 165,987.43 680.30 0.00 0.00
15-B-6 254,929.00 4.91817% 248,911.83 1,020.16 0.00 0.00
30-B-1 7,749,000.00 5.71028% 7,700,497.01 36,643.30 0.00 0.00
30-B-2 3,369,000.00 5.71028% 3,347,912.56 15,931.25 0.00 0.00
30-B-3 1,685,000.00 5.71028% 1,674,453.15 7,967.99 0.00 0.00
30-B-4 1,684,000.00 5.71028% 1,673,459.41 7,963.26 0.00 0.00
30-B-5 1,179,000.00 5.71028% 1,171,620.34 5,575.23 0.00 0.00
30-B-6 1,348,022.00 5.71028% 1,339,584.40 6,374.50 0.00 0.00
SES 0.00 0.00000% 470,692,041.09 0.00 0.00 0.00
Totals 506,695,859.00 2,215,836.46 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) 0.00 271,764.75 0.00 58,996,073.00
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 (0.01) 0.00 164,057.66 0.00 32,486,020.65
2-A-2 0.00 0.00 75,926.40 0.00 58,137,318.56
2-A-3 (0.01) 0.00 340,444.21 0.00 24,223,883.93
2-A-4 0.00 0.00 29,082.41 0.00 5,845,563.45
3-A-1 (0.01) 0.00 365,579.92 0.00 78,323,981.05
CB-IO 0.00 0.00 62,320.89 0.00 179,831,600.65
4-A-1 0.00 0.00 105,819.93 0.00 22,286,265.20
4-A-2 0.00 0.00 10,729.58 0.00 2,341,000.00
4-A-3 0.00 0.00 10,729.58 0.00 2,341,000.00
4-IO 0.00 0.00 10,177.60 0.00 21,757,620.29
5-A-1 0.05 0.00 255,374.31 0.00 67,368,892.83
5-A-2 0.00 0.00 4,706.32 0.00 1,241,549.22
6-A-1 0.00 0.00 6,816.83 0.00 1,525,625.41
6-A-2 0.04 0.00 195,151.12 0.00 41,690,134.11
6-A-3 0.03 0.00 177,410.11 0.00 41,690,134.11
15-IO 0.01 0.00 33,994.85 0.00 103,768,347.92
PO 0.00 0.00 0.00 0.00 5,170,531.10
15-B-1 0.00 0.00 7,815.39 0.00 1,899,080.56
15-B-2 0.00 0.00 2,381.03 0.00 578,572.93
15-B-3 0.00 0.00 2,377.03 0.00 577,600.54
15-B-4 0.00 0.00 1,020.44 0.00 247,959.83
15-B-5 0.00 0.00 680.29 0.00 165,306.55
15-B-6 0.00 0.00 1,020.16 0.00 247,890.81
30-B-1 0.00 0.00 36,643.30 0.00 7,692,193.33
30-B-2 0.00 0.00 15,931.25 0.00 3,344,302.41
30-B-3 0.00 0.00 7,967.99 0.00 1,672,647.54
30-B-4 0.00 0.00 7,963.26 0.00 1,671,654.87
30-B-5 0.00 0.00 5,575.23 0.00 1,170,356.94
30-B-6 0.00 0.00 6,374.50 0.00 1,338,139.91
SES 0.00 0.00 85,126.05 0.00 464,273,679.16
Totals 0.09 0.00 2,300,962.39 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% 958.27341990 4.39208643 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% 911.43141917 4.55715722 0.00000000 0.00000000
2-A-2 65,013,882.00 1.55000% 904.14120403 1.16784904 0.00000000 0.00000000
2-A-3 27,089,118.00 16.68000% 904.14123228 12.56756311 0.00000000 0.00000000
2-A-4 5,645,000.00 6.00000% 1030.37750930 5.15188840 0.00000000 0.00000000
3-A-1 86,988,000.00 5.50000% 916.94129616 4.20264761 0.00000000 0.00000000
CB-IO 0.00 0.41009% 911.95456865 0.31164972 0.00000000 0.00000000
4-A-1 28,208,000.00 5.50000% 818.49065194 3.75141556 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 0.55064% 813.76051281 0.37340568 0.00000000 0.00000000
5-A-1 71,463,000.00 4.50000% 952.93828639 3.57351860 0.00000000 0.00000000
5-A-2 1,317,000.00 4.50000% 952.93828398 3.57351557 0.00000000 0.00000000
6-A-1 1,655,000.00 5.25000% 941.46963746 4.11893051 0.00000000 0.00000000
6-A-2 45,225,500.00 5.50000% 941.46963505 4.31506915 0.00000000 0.00000000
6-A-3 45,225,500.00 5.00000% 941.46963505 3.92279024 0.00000000 0.00000000
15-IO 0.00 0.38592% 943.55539108 0.30344562 0.00000000 0.00000000
PO 5,471,808.00 0.00000% 960.16061053 0.00000000 0.00000000 0.00000000
15-B-1 1,953,000.00 4.91817% 976.39662058 4.00173579 0.00000000 0.00000000
15-B-2 595,000.00 4.91817% 976.39662185 4.00173109 0.00000000 0.00000000
15-B-3 594,000.00 4.91817% 976.39661616 4.00173401 0.00000000 0.00000000
15-B-4 255,000.00 4.91817% 976.39662745 4.00172549 0.00000000 0.00000000
15-B-5 170,000.00 4.91817% 976.39664706 4.00176471 0.00000000 0.00000000
15-B-6 254,929.00 4.91817% 976.39668300 4.00174166 0.00000000 0.00000000
30-B-1 7,749,000.00 5.71028% 993.74074203 4.72877791 0.00000000 0.00000000
30-B-2 3,369,000.00 5.71028% 993.74074206 4.72877709 0.00000000 0.00000000
30-B-3 1,685,000.00 5.71028% 993.74074184 4.72877745 0.00000000 0.00000000
30-B-4 1,684,000.00 5.71028% 993.74074228 4.72877672 0.00000000 0.00000000
30-B-5 1,179,000.00 5.71028% 993.74074640 4.72877863 0.00000000 0.00000000
30-B-6 1,348,022.00 5.71028% 993.74075497 4.72878039 0.00000000 0.00000000
SES 0.00 0.00000% 928.94392496 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 (0.00000016) 0.00000000 4.39208659 0.00000000 953.45647747
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 (0.00000028) 0.00000000 4.55715722 0.00000000 902.38946250
2-A-2 0.00000000 0.00000000 1.16784904 0.00000000 894.22930567
2-A-3 (0.00000037) 0.00000000 12.56756348 0.00000000 894.22933334
2-A-4 0.00000000 0.00000000 5.15188840 0.00000000 1035.52939770
3-A-1 (0.00000011) 0.00000000 4.20264772 0.00000000 900.39983733
CB-IO 0.00000000 0.00000000 0.31164972 0.00000000 899.28864484
4-A-1 0.00000000 0.00000000 3.75141556 0.00000000 790.06895916
4-A-2 0.00000000 0.00000000 4.58333191 0.00000000 1000.00000000
4-A-3 0.00000000 0.00000000 4.58333191 0.00000000 1000.00000000
4-IO 0.00000000 0.00000000 0.37340568 0.00000000 798.26471034
5-A-1 0.00000070 0.00000000 3.57351790 0.00000000 942.71011335
5-A-2 0.00000000 0.00000000 3.57351557 0.00000000 942.71011390
6-A-1 0.00000000 0.00000000 4.11893051 0.00000000 921.82804230
6-A-2 0.00000088 0.00000000 4.31506827 0.00000000 921.82804192
6-A-3 0.00000066 0.00000000 3.92278936 0.00000000 921.82804192
15-IO 0.00000009 0.00000000 0.30344553 0.00000000 926.25917235
PO 0.00000000 0.00000000 0.00000000 0.00000000 944.94015506
15-B-1 0.00000000 0.00000000 4.00173579 0.00000000 972.39147977
15-B-2 0.00000000 0.00000000 4.00173109 0.00000000 972.39147899
15-B-3 0.00000000 0.00000000 4.00173401 0.00000000 972.39148148
15-B-4 0.00000000 0.00000000 4.00172549 0.00000000 972.39149020
15-B-5 0.00000000 0.00000000 4.00170588 0.00000000 972.39147059
15-B-6 0.00000000 0.00000000 4.00174166 0.00000000 972.39156785
30-B-1 0.00000000 0.00000000 4.72877791 0.00000000 992.66916118
30-B-2 0.00000000 0.00000000 4.72877709 0.00000000 992.66916296
30-B-3 0.00000000 0.00000000 4.72877745 0.00000000 992.66916320
30-B-4 0.00000000 0.00000000 4.72877672 0.00000000 992.66916271
30-B-5 0.00000000 0.00000000 4.72877863 0.00000000 992.66916031
30-B-6 0.00000000 0.00000000 4.72878039 0.00000000 992.66919234
SES 0.00000000 0.00000000 0.16800226 0.00000000 916.27683523
<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 0.15543% 31,001,159.94 30,822,880.02 0.00 0.00 96.17044118%
2-IO 0.37017% 91,160,330.95 90,073,022.35 0.00 0.00 88.72849765%
3-IO 0.60166% 60,202,926.52 58,935,698.28 0.00 0.00 88.75142107%
4-IO 0.55064% 22,179,976.16 21,757,620.29 0.00 0.00 79.82647103%
5-IO 0.30791% 48,518,447.88 48,136,564.34 0.00 0.00 94.03065967%
6-IO 0.45210% 57,187,586.70 55,631,783.58 0.00 0.00 91.44387244%
1-PO 0.00000% 0.00 0.00 1,694,308.00 1,687,947.81 94.88161972%
2-PO 0.00000% 0.00 0.00 699,228.26 697,622.40 97.77825120%
3-PO 0.00000% 0.00 0.00 1,575,605.89 1,558,873.74 94.57727632%
4-PO 0.00000% 0.00 0.00 219,210.55 191,336.14 86.63977251%
5-PO 0.00000% 0.00 0.00 727,568.02 699,994.53 91.95632435%
6-PO 0.00000% 0.00 0.00 337,893.80 334,756.48 95.91601387%
1-SES 0.00000% 64,350,150.55 64,041,650.57 0.00 0.00 95.52629793%
2-SES 0.00000% 129,711,829.03 128,493,683.01 0.00 0.00 90.73523642%
3-SES 0.00000% 86,023,180.99 84,562,432.38 0.00 0.00 90.58567233%
4-SES 0.00000% 29,739,848.99 28,908,414.83 0.00 0.00 82.89820940%
5-SES 0.00000% 71,733,485.29 70,954,426.48 0.00 0.00 94.31150802%
6-SES 0.00000% 89,133,546.24 87,313,071.89 0.00 0.00 92.31267903%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 8,740,701.59
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 8,740,701.59
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 21,377.27
Payment of Interest and Principal 8,719,324.32
Total Withdrawals (Pool Distribution Amount) 8,740,701.59
Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<s> <c>
Total Prepayment/Curtailment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES
<s> <c>
Gross Servicing Fee 19,612.17
Trustee Fee - Wells Fargo Bank, N.A. 1,765.10
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 21,377.27
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
414,766.80 117,536.63 0.00 532,303.43
30 Days 24 0 0 0 24
2,635,109.32 0.00 0.00 0.00 2,635,109.32
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 1 0 0 0 1
108,425.48 0.00 0.00 0.00 108,425.48
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 25 3 1 0 29
2,743,534.80 414,766.80 117,536.63 0.00 3,275,838.23
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 0.077700% 0.025900% 0.000000% 0.103600%
0.089173% 0.025270% 0.000000% 0.114443%
30 Days 0.621601% 0.000000% 0.000000% 0.000000% 0.621601%
0.566536% 0.000000% 0.000000% 0.000000% 0.566536%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.025900% 0.000000% 0.000000% 0.000000% 0.025900%
0.023311% 0.000000% 0.000000% 0.000000% 0.023311%
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 0.647501% 0.077700% 0.025900% 0.000000% 0.751101%
0.589847% 0.089173% 0.025270% 0.000000% 0.704289%
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
698,900.71 0.00 0.00 0.00 698,900.71
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
698,900.71 0.00 0.00 0.00 698,900.71
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.190476% 0.000000% 0.000000% 0.000000% 1.190476%
1.090133% 0.000000% 0.000000% 0.000000% 1.090133%
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 1.190476% 0.000000% 0.000000% 0.000000% 1.190476%
1.090133% 0.000000% 0.000000% 0.000000% 1.090133%
<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 5 0 0 0 5
798,734.69 0.00 0.00 0.00 798,734.69
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 5 0 0 0 5
798,734.69 0.00 0.00 0.00 798,734.69
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.461681% 0.000000% 0.000000% 0.000000% 0.461681%
0.621066% 0.000000% 0.000000% 0.000000% 0.621066%
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 0.461681% 0.000000% 0.000000% 0.000000% 0.461681%
0.621066% 0.000000% 0.000000% 0.000000% 0.621066%
<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
306,314.61 117,536.63 0.00 423,851.24
30 Days 4 0 0 0 4
633,013.20 0.00 0.00 0.00 633,013.20
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 1 0 0 0 1
108,425.48 0.00 0.00 0.00 108,425.48
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 2 1 0 8
741,438.68 306,314.61 117,536.63 0.00 1,165,289.92
0-29 Days 0.331675% 0.165837% 0.000000% 0.497512%
0.361896% 0.138864% 0.000000% 0.500759%
30 Days 0.663350% 0.000000% 0.000000% 0.000000% 0.663350%
0.747874% 0.000000% 0.000000% 0.000000% 0.747874%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.165837% 0.000000% 0.000000% 0.000000% 0.165837%
0.128099% 0.000000% 0.000000% 0.000000% 0.128099%
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 0.829187% 0.331675% 0.165837% 0.000000% 1.326700%
0.875973% 0.361896% 0.138864% 0.000000% 1.376733%
<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
108,452.19 0.00 0.00 108,452.19
30 Days 4 0 0 0 4
200,264.85 0.00 0.00 0.00 200,264.85
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
200,264.85 108,452.19 0.00 0.00 308,717.04
0-29 Days 0.157729% 0.000000% 0.000000% 0.157729%
0.152281% 0.000000% 0.000000% 0.152281%
30 Days 0.630915% 0.000000% 0.000000% 0.000000% 0.630915%
0.281197% 0.000000% 0.000000% 0.000000% 0.281197%
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 0.630915% 0.157729% 0.000000% 0.000000% 0.788644%
0.281197% 0.152281% 0.000000% 0.000000% 0.433478%
<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 5 0 0 0 5
304,195.87 0.00 0.00 0.00 304,195.87
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 5 0 0 0 5
304,195.87 0.00 0.00 0.00 304,195.87
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.511247% 0.000000% 0.000000% 0.000000% 0.511247%
0.347201% 0.000000% 0.000000% 0.000000% 0.347201%
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 0.511247% 0.000000% 0.000000% 0.000000% 0.511247%
0.347201% 0.000000% 0.000000% 0.000000% 0.347201%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 18,335.05
COLLATERAL STATEMENT
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 5.903637%
Weighted Average Pass-Through Rate 5.649136%
Weighted Average Maturity(Stepdown Calculation ) 286
Beginning Scheduled Collateral Loan Count 3,895
Number Of Loans Paid In Full 34
Ending Scheduled Collateral Loan Count 3,861
Beginning Scheduled Collateral Balance 470,692,041.09
Ending Scheduled Collateral Balance 464,273,679.16
Ending Actual Collateral Balance at 31-May-2004 465,126,850.89
Monthly P &I Constant 3,311,330.10
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 8,338,342.42
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 464,273,679.16
Scheduled Principal 995,667.83
Unscheduled Principal 5,422,694.10
Group Level Collateral Statement
Group Group 1 Group 2 Group 3
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 5.684564 6.482311 6.074830
Weighted Average Net Rate 5.434564 6.232311 5.824830
Weighted Average Maturity 341 347 346
Beginning Loan Count 506 1,091 610
Loans Paid In Full 2 8 7
Ending Loan Count 504 1,083 603
Beginning Scheduled Balance 64,350,150.55 129,711,829.03 86,023,180.99
Ending scheduled Balance 64,041,650.57 128,493,683.01 84,562,432.38
Record Date 05/31/2004 05/31/2004 05/31/2004
Principal And Interest Constant 383,349.15 832,041.43 529,756.91
Scheduled Principal 78,513.67 131,347.78 94,276.73
Unscheduled Principal 229,986.31 1,086,798.24 1,366,471.88
Scheduled Interest 304,835.48 700,693.65 435,480.18
Servicing Fees 13,406.28 27,023.31 17,921.49
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 241.32 486.41 322.58
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 291,187.88 673,183.93 417,236.11
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 5.430064 6.227811 5.820330
Group Level Collateral Statement
Group Group 4 Group 5 Group 6
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 6.124625 4.917119 5.774661
Weighted Average Net Rate 5.874625 4.667119 5.524661
Weighted Average Maturity 349 166 168
Beginning Loan Count 61 639 988
Loans Paid In Full 2 5 10
Ending Loan Count 59 634 978
Beginning Scheduled Balance 29,739,848.99 71,733,485.29 89,133,546.24
Ending scheduled Balance 28,908,414.83 70,954,426.48 87,313,071.89
Record Date 05/31/2004 05/31/2004 05/31/2004
Principal And Interest Constant 183,078.05 601,664.81 781,439.75
Scheduled Principal 31,290.19 307,729.74 352,509.72
Unscheduled Principal 800,143.97 471,329.07 1,467,964.63
Scheduled Interest 151,787.86 293,935.07 428,930.03
Servicing Fees 6,195.82 14,944.48 18,569.50
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 111.54 269.00 334.25
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 145,480.50 278,721.59 410,026.28
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 5.870125 4.662619 5.520161
Group Level Collateral Statement
Group Total
Collateral Description Mixed Fixed
Weighted Average Coupon Rate 5.903637
Weighted Average Net Rate 5.653636
Weighted Average Maturity 286.00
Record Date 05/31/2004
Principal And Interest Constant 3,311,330.10
Beginning Loan Count 3,895
Loans Paid In Full 34
Ending Loan Count 3,861
Beginning Scheduled Balance 470,692,041.09
Ending Scheduled Balance 464,273,679.16
Scheduled Principal 995,667.83
Unscheduled Principal 5,422,694.10
Scheduled Interest 2,315,662.27
Servicing Fee 98,060.88
Master Servicing Fee 0.00
Trustee Fee 1,765.10
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 2,215,836.29
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 5.649136
Miscellaneous Reporting
Group Group 1
CPR 4.210508%
Subordinate % 5.365367%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.634633%
Group Group 2
CPR 9.612939%
Subordinate % 5.511454%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.488546%
Group Group 3
CPR 17.499171%
Subordinate % 5.547448%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.452552%
Miscellaneous Reporting
Group Group 4
CPR 27.937002%
Subordinate % 5.930271%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.069729%
Group Group 5
CPR 7.637472%
Subordinate % 2.325254%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.674746%
Group Group 6
CPR 18.133036%
Subordinate % 2.343189%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.656811%