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):  July 26, 2004


                    BANC OF AMERICA MORTGAGE SECURITIES, INC.
             Mortgage Pass-Through Certificates, Series 2003-6 Trust
              (Exact name of registrant as specified in its charter)

New York (governing law of            333-105940-06       54-2120466
Pooling and Servicing Agreement)      (Commission         54-2120467
(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 July 26, 2004 a distribution was made to holders of BANC OF AMERICA
 MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2003-6
 Trust.



ITEM 7.  Financial Statements and Exhibits

      (c)  Exhibits furnished in accordance with Item 601(a) of Regulation S-K


           Exhibit Number               Description

           EX-99.1                      Monthly report distributed to holders
                                        of Mortgage Pass-Through Certificates,
                                        Series 2003-6 Trust, relating to the
                                        July 26, 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 2003-6 Trust

              By:    Wells Fargo Bank, N.A. as Trustee
              By:   /s/   Beth Belfield as Assistant Vice President
              By:    Beth Belfield as Assistant Vice President

              Date:  7/26/04
                                INDEX TO EXHIBITS


Exhibit Number            Description

EX-99.1                   Monthly report distributed to holders of Mortgage
                          Pass-Through Certificates, Series 2003-6 Trust,
                          relating to the July 26, 2004 distribution.





                   EX-99.1



Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates



Record Date:             6/30/04
Distribution Date:       7/26/04


BAM  Series: 2003-6

Contact: Customer Service - CTSLink
         Wells Fargo Bank, N.A.
         Securities Administration Services
         7485 New Horizon Way
         Frederick, MD 21703
         Telephone: (301) 815-6600
         Fax:       (301) 815-6660








                                          Certificateholder Distribution Summary

                             Certificate    Certificate                  Beginning
                             Class          Pass-Through               Certificate           Interest          Principal
Class             CUSIP      Description    Rate                            Balance       Distribution       Distribution

<s>          <c>             <c>            <c>                <c>                <c>                <c>
1-A-1            05948XPZ8        SEN         5.00000%                16,127,000.00          67,195.83               0.00
1-A-2            05948XQA2        SEN         5.25000%                         0.00          42,923.23               0.00
1-A-3            05948XQB0        SEN         5.25000%                         0.00           2,419.05               0.00
1-A-4            05948XQC8        SEN         4.25000%                51,507,873.35         182,423.71       2,963,131.27
1-A-5            05948XQD6        SEN         0.00000%                 2,816,538.37               0.00         103,961.78
1-A-6            05948XQE4        SEN         5.50000%                 8,392,912.90          38,467.52         522,724.64
1-A-7            05948XQF1        SEN         5.50000%                 4,740,921.00          21,729.22               0.00
1-A-8            05948XQG9        SEN         5.50000%                 5,452,424.00          24,990.28               0.00
1-A-9            05948XQH7        SEN         5.50000%                 7,707,349.00          35,325.35               0.00
1-A-10           05948XQJ3        SEN         5.00000%                 3,740,588.19          15,585.78         232,970.08
1-A-11           05948XQK0        SEN         6.00000%                 3,694,408.09          18,472.04         230,093.91
1-A-12           05948XQL8        SEN         5.50000%                 1,847,000.00           8,465.42         115,000.00
1-A-13           05948XQM6        SEN         5.50000%                 1,000,000.00           4,583.33               0.00
1-A-14           05948XQN4        SEN         5.50000%                 1,000,000.00           4,583.33               0.00
1-A-15           05948XQP9        SEN         5.50000%                 2,193,000.00          10,051.25               0.00
1-A-16           05948XQQ7        SEN         4.00000%                 2,611,484.72           8,704.95         162,647.63
1-A-17           05948XQR5        SEN         7.00000%                 4,920,489.78          28,702.86         306,456.33
1-A-18           05948XQS3        SEN         5.00000%                 1,339,000.00           5,579.17          84,000.00
1-A-19           05948XQT1        SEN         5.00000%                 1,000,000.00           4,166.67               0.00
1-A-20           05948XQU8        SEN         5.25000%                         0.00         318,623.73               0.00
1-A-21           05948XQV6        SEN         4.00000%                 2,770,000.00           9,233.33         172,000.00
1-A-22           05948XQW4        SEN         7.00000%                   461,000.00           2,689.17          28,000.00
1-A-23           05948XQX2        SEN         2.11000%                   750,000.00           1,318.75               0.00
1-A-24           05948XQY0        SEN        17.67000%                   250,000.00           3,681.25               0.00
1-A-25           05948XQZ7        SEN         6.00000%                 1,385,000.00           6,925.00          86,000.00
1-A-26           05948XRA1        SEN         5.00000%                 1,944,644.06           8,102.68         121,115.68
1-A-27           05948XRB9        SEN         6.00000%                 1,944,644.06           9,723.22         121,115.68
1-A-28           05948XRC7        SEN         2.50000%                87,943,000.00         183,214.57               0.00
1-A-29           05948XRD5        SEN         4.25000%                78,635,000.00         278,498.94               0.00
1-A-30           05948XRE3        SEN         4.75000%               103,714,000.00         410,534.56               0.00
1-A-31           05948XRF0        SEN         5.00000%                40,053,000.00         166,887.49               0.00
1-A-32           05948XRG8        SEN         5.25000%                50,000,000.00         218,749.99               0.00
1-A-33           05948XRH6        SEN         5.25000%                   533,215.00           2,332.82               0.00
1-A-34           05948XRJ2        SEN         5.25000%                59,630,000.00         260,881.24               0.00
1-A-35           05948XRK9        SEN         5.25000%                   639,785.00           2,799.06               0.00
1-A-36           05948XRL7        SEN         5.25000%                15,673,103.22          68,569.82         257,708.36
1-A-37           05948XRM5        SEN         5.50000%                21,546,000.00          98,752.49               0.00
1-A-38           05948XRN3        SEN         0.00000%                 1,026,000.00               0.00               0.00
1-A-39           05948XRP8        SEN         5.25000%                   578,951.00           2,532.91               0.00
1-A-40           05948XRQ6        SEN         2.65000%                41,101,487.08          90,765.78       2,339,838.37
1-A-41           05948XRR4        SEN        11.31667%                17,614,923.57         166,118.50       1,002,787.90
1-A-R            05948XRS2        SEN         5.25000%                         0.00               0.00               0.00
1-A-LR           05948XRT0        SEN         5.25000%                         0.00              11.25               0.00
2-A-1            05948XRV5        SEN         1.75000%                84,438,464.08         123,139.42         907,713.80
2-A-2            05948XRW3        SEN         9.93182%                91,902,009.99         760,628.35         987,946.94
2-A-3            05948XRX1        SEN         1.75000%                72,207,356.69         105,302.39         776,229.35
2-A-4            05948XRY9        SEN         1.75000%                 2,094,013.34           3,053.77          22,510.65
A-PO             05948XSA0        SEN         0.00000%                   548,278.26               0.00           1,000.17
1-B-1            05948XSB8        SUB         5.25000%                 9,494,458.91          41,538.26          10,718.04
1-B-2            05948XSC6        SUB         5.25000%                 3,956,683.33          17,310.49           4,466.59
1-B-3            05948XSD4        SUB         5.25000%                 2,373,614.73          10,384.56           2,679.51
1-B-4            05948XSJ1        SUB         5.25000%                 1,582,080.42           6,921.60           1,785.97
1-B-5            05948XSK8        SUB         5.25000%                 1,186,807.36           5,192.28           1,339.75
1-B-6            05948XSL6        SUB         5.25000%                 1,187,297.50           5,194.43           1,340.31
2-B-1            05948XSE2        SUB         4.75000%                 1,679,928.56           6,649.72           7,136.60
2-B-2            05948XSF9        SUB         4.75000%                   503,499.95           1,993.02           2,138.95
2-B-3            05948XSG7        SUB         4.75000%                   671,971.42           2,659.89           2,854.64
2-B-4            05948XSM4        SUB         4.75000%                   335,985.71           1,329.94           1,427.32
2-B-5            05948XSN2        SUB         4.75000%                   168,471.47             666.87             715.69
2-B-6            05948XSP7        SUB         4.75000%                   336,404.98           1,331.60           1,429.10
A-WIO-1          05948XRU7        SEN         0.36572%                         0.00         184,150.54               0.00
A-WIO-2          05948XRZ6        SEN         0.38241%                         0.00          78,270.35               0.00
SES              05948XSH5        SEN         0.00000%                         0.00         158,038.22               0.00
Totals                                                               922,952,069.09       4,349,071.24      11,582,985.01




                     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      16,127,000.00          67,195.83               0.00
1-A-2                         0.00               0.00          42,923.23               0.00
1-A-3                         0.00               0.00           2,419.05               0.00
1-A-4                         0.00      48,544,742.08       3,145,554.98               0.00
1-A-5                         0.00       2,712,576.59         103,961.78               0.00
1-A-6                         0.00       7,870,188.26         561,192.16               0.00
1-A-7                         0.00       4,740,921.00          21,729.22               0.00
1-A-8                         0.00       5,452,424.00          24,990.28               0.00
1-A-9                         0.00       7,707,349.00          35,325.35               0.00
1-A-10                        0.00       3,507,618.11         248,555.86               0.00
1-A-11                        0.00       3,464,314.18         248,565.95               0.00
1-A-12                        0.00       1,732,000.00         123,465.42               0.00
1-A-13                        0.00       1,000,000.00           4,583.33               0.00
1-A-14                        0.00       1,000,000.00           4,583.33               0.00
1-A-15                        0.00       2,193,000.00          10,051.25               0.00
1-A-16                        0.00       2,448,837.09         171,352.58               0.00
1-A-17                        0.00       4,614,033.45         335,159.19               0.00
1-A-18                        0.00       1,255,000.00          89,579.17               0.00
1-A-19                        0.00       1,000,000.00           4,166.67               0.00
1-A-20                        0.00               0.00         318,623.73               0.00
1-A-21                        0.00       2,598,000.00         181,233.33               0.00
1-A-22                        0.00         433,000.00          30,689.17               0.00
1-A-23                        0.00         750,000.00           1,318.75               0.00
1-A-24                        0.00         250,000.00           3,681.25               0.00
1-A-25                        0.00       1,299,000.00          92,925.00               0.00
1-A-26                        0.00       1,823,528.38         129,218.36               0.00
1-A-27                        0.00       1,823,528.38         130,838.90               0.00
1-A-28                        0.00      87,943,000.00         183,214.57               0.00
1-A-29                        0.00      78,635,000.00         278,498.94               0.00
1-A-30                        0.00     103,714,000.00         410,534.56               0.00
1-A-31                        0.00      40,053,000.00         166,887.49               0.00
1-A-32                        0.00      50,000,000.00         218,749.99               0.00
1-A-33                        0.00         533,215.00           2,332.82               0.00
1-A-34                        0.00      59,630,000.00         260,881.24               0.00
1-A-35                        0.00         639,785.00           2,799.06               0.00
1-A-36                        0.00      15,415,394.86         326,278.18               0.00
1-A-37                        0.00      21,546,000.00          98,752.49               0.00
1-A-38                        0.00       1,026,000.00               0.00               0.00
1-A-39                        0.00         578,951.00           2,532.91               0.00
1-A-40                        0.00      38,761,648.70       2,430,604.15               0.00
1-A-41                        0.00      16,612,135.67       1,168,906.40               0.00
1-A-R                         0.00               0.00               0.00               0.00
1-A-LR                        0.00               0.00              11.25               0.00
2-A-1                         0.00      83,530,750.28       1,030,853.22               0.00
2-A-2                         0.00      90,914,063.04       1,748,575.29               0.00
2-A-3                         0.00      71,431,127.34         881,531.74               0.00
2-A-4                         0.00       2,071,502.69          25,564.42               0.00
A-PO                          0.00         547,278.09           1,000.17               0.00
1-B-1                         0.00       9,483,740.87          52,256.30               0.00
1-B-2                         0.00       3,952,216.74          21,777.08               0.00
1-B-3                         0.00       2,370,935.22          13,064.07               0.00
1-B-4                         0.00       1,580,294.46           8,707.57               0.00
1-B-5                         0.00       1,185,467.61           6,532.03               0.00
1-B-6                         0.00       1,185,957.19           6,534.74               0.00
2-B-1                         0.00       1,672,791.96          13,786.32               0.00
2-B-2                         0.00         501,361.01           4,131.97               0.00
2-B-3                         0.00         669,116.78           5,514.53               0.00
2-B-4                         0.00         334,558.39           2,757.26               0.00
2-B-5                         0.00         167,755.77           1,382.56               0.00
2-B-6                         0.00         334,975.87           2,760.70               0.00
A-WIO-1                       0.00               0.00         184,150.54               0.00
A-WIO-2                       0.00               0.00          78,270.35               0.00
SES                           0.00               0.00         158,038.22               0.00
Totals                        0.00     911,369,084.06      15,932,056.25               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                16,127,000.00        16,127,000.00               0.00              0.00             0.00           0.00
1-A-2                         0.00                 0.00               0.00              0.00             0.00           0.00
1-A-3                         0.00                 0.00               0.00              0.00             0.00           0.00
1-A-4                73,195,000.00        51,507,873.35         245,042.87      2,718,088.39             0.00           0.00
1-A-5                 4,761,905.00         2,816,538.37           8,597.36         95,364.43             0.00           0.00
1-A-6                18,174,306.00         8,392,912.90          43,227.90        479,496.74             0.00           0.00
1-A-7                 4,740,921.00         4,740,921.00               0.00              0.00             0.00           0.00
1-A-8                 5,452,424.00         5,452,424.00               0.00              0.00             0.00           0.00
1-A-9                 7,707,349.00         7,707,349.00               0.00              0.00             0.00           0.00
1-A-10                8,100,000.00         3,740,588.19          19,265.99        213,704.09             0.00           0.00
1-A-11                8,000,000.00         3,694,408.09          19,028.14        211,065.77             0.00           0.00
1-A-12                4,000,000.00         1,847,000.00           9,510.19        105,489.81             0.00           0.00
1-A-13                1,000,000.00         1,000,000.00               0.00              0.00             0.00           0.00
1-A-14                1,000,000.00         1,000,000.00               0.00              0.00             0.00           0.00
1-A-15                2,193,000.00         2,193,000.00               0.00              0.00             0.00           0.00
1-A-16                5,655,000.00         2,611,484.72          13,450.52        149,197.12             0.00           0.00
1-A-17               10,655,000.00         4,920,489.78          25,343.10        281,113.22             0.00           0.00
1-A-18                2,900,000.00         1,339,000.00           6,946.57         77,053.43             0.00           0.00
1-A-19                1,000,000.00         1,000,000.00               0.00              0.00             0.00           0.00
1-A-20                        0.00                 0.00               0.00              0.00             0.00           0.00
1-A-21                6,000,000.00         2,770,000.00          14,223.93        157,776.07             0.00           0.00
1-A-22                1,000,000.00           461,000.00           2,315.52         25,684.48             0.00           0.00
1-A-23                  750,000.00           750,000.00               0.00              0.00             0.00           0.00
1-A-24                  250,000.00           250,000.00               0.00              0.00             0.00           0.00
1-A-25                3,000,000.00         1,385,000.00           7,111.97         78,888.03             0.00           0.00
1-A-26                4,211,000.00         1,944,644.06          10,015.94        111,099.75             0.00           0.00
1-A-27                4,211,000.00         1,944,644.06          10,015.94        111,099.75             0.00           0.00
1-A-28               87,943,000.00        87,943,000.00               0.00              0.00             0.00           0.00
1-A-29               78,635,000.00        78,635,000.00               0.00              0.00             0.00           0.00
1-A-30              103,714,000.00       103,714,000.00               0.00              0.00             0.00           0.00
1-A-31               40,053,000.00        40,053,000.00               0.00              0.00             0.00           0.00
1-A-32               50,000,000.00        50,000,000.00               0.00              0.00             0.00           0.00
1-A-33                  533,215.00           533,215.00               0.00              0.00             0.00           0.00
1-A-34               59,630,000.00        59,630,000.00               0.00              0.00             0.00           0.00
1-A-35                  639,785.00           639,785.00               0.00              0.00             0.00           0.00
1-A-36               17,215,000.00        15,673,103.22          21,311.78        236,396.58             0.00           0.00
1-A-37               21,546,000.00        21,546,000.00               0.00              0.00             0.00           0.00
1-A-38                1,026,000.00         1,026,000.00               0.00              0.00             0.00           0.00
1-A-39                  578,951.00           578,951.00               0.00              0.00             0.00           0.00
1-A-40               87,181,600.00        41,101,487.08         193,498.25      2,146,340.12             0.00           0.00
1-A-41               37,363,544.00        17,614,923.57          82,927.82        919,860.08             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               116,938,866.00        84,438,464.08         358,707.85        549,005.95             0.00           0.00
2-A-2               127,275,134.00        91,902,009.99         390,414.16        597,532.78             0.00           0.00
2-A-3               100,000,000.00        72,207,356.69         306,748.18        469,481.16             0.00           0.00
2-A-4                 2,900,000.00         2,094,013.34           8,895.70         13,614.95             0.00           0.00
A-PO                    558,434.01           548,278.26             776.62            223.56             0.00           0.00
1-B-1                 9,608,000.00         9,494,458.91          10,718.04              0.00             0.00           0.00
1-B-2                 4,004,000.00         3,956,683.33           4,466.59              0.00             0.00           0.00
1-B-3                 2,402,000.00         2,373,614.73           2,679.51              0.00             0.00           0.00
1-B-4                 1,601,000.00         1,582,080.42           1,785.97              0.00             0.00           0.00
1-B-5                 1,201,000.00         1,186,807.36           1,339.75              0.00             0.00           0.00
1-B-6                 1,201,496.00         1,187,297.50           1,340.31              0.00             0.00           0.00
2-B-1                 1,755,000.00         1,679,928.56           7,136.60              0.00             0.00           0.00
2-B-2                   526,000.00           503,499.95           2,138.95              0.00             0.00           0.00
2-B-3                   702,000.00           671,971.42           2,854.64              0.00             0.00           0.00
2-B-4                   351,000.00           335,985.71           1,427.32              0.00             0.00           0.00
2-B-5                   176,000.00           168,471.47             715.69              0.00             0.00           0.00
2-B-6                   351,438.00           336,404.98           1,429.10              0.00             0.00           0.00
A-WIO-1                       0.00                 0.00               0.00              0.00             0.00           0.00
A-WIO-2                       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
                              0.00                 0.00               0.00              0.00             0.00           0.00
Totals            1,151,694,468.01       922,952,069.09       1,835,408.77      9,747,576.26             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                         0.00        16,127,000.00       1.00000000                0.00
 1-A-2                         0.00                 0.00       0.00000000                0.00
 1-A-3                         0.00                 0.00       0.00000000                0.00
 1-A-4                 2,963,131.27        48,544,742.08       0.66322484        2,963,131.27
 1-A-5                   103,961.78         2,712,576.59       0.56964106          103,961.78
 1-A-6                   522,724.64         7,870,188.26       0.43303927          522,724.64
 1-A-7                         0.00         4,740,921.00       1.00000000                0.00
 1-A-8                         0.00         5,452,424.00       1.00000000                0.00
 1-A-9                         0.00         7,707,349.00       1.00000000                0.00
 1-A-10                  232,970.08         3,507,618.11       0.43303927          232,970.08
 1-A-11                  230,093.91         3,464,314.18       0.43303927          230,093.91
 1-A-12                  115,000.00         1,732,000.00       0.43300000          115,000.00
 1-A-13                        0.00         1,000,000.00       1.00000000                0.00
 1-A-14                        0.00         1,000,000.00       1.00000000                0.00
 1-A-15                        0.00         2,193,000.00       1.00000000                0.00
 1-A-16                  162,647.63         2,448,837.09       0.43303927          162,647.63
 1-A-17                  306,456.33         4,614,033.45       0.43303927          306,456.33
 1-A-18                   84,000.00         1,255,000.00       0.43275862           84,000.00
 1-A-19                        0.00         1,000,000.00       1.00000000                0.00
 1-A-20                        0.00                 0.00       0.00000000                0.00
 1-A-21                  172,000.00         2,598,000.00       0.43300000          172,000.00
 1-A-22                   28,000.00           433,000.00       0.43300000           28,000.00
 1-A-23                        0.00           750,000.00       1.00000000                0.00
 1-A-24                        0.00           250,000.00       1.00000000                0.00
 1-A-25                   86,000.00         1,299,000.00       0.43300000           86,000.00
 1-A-26                  121,115.68         1,823,528.38       0.43303927          121,115.68
 1-A-27                  121,115.68         1,823,528.38       0.43303927          121,115.68
 1-A-28                        0.00        87,943,000.00       1.00000000                0.00
 1-A-29                        0.00        78,635,000.00       1.00000000                0.00
 1-A-30                        0.00       103,714,000.00       1.00000000                0.00
 1-A-31                        0.00        40,053,000.00       1.00000000                0.00
 1-A-32                        0.00        50,000,000.00       1.00000000                0.00
 1-A-33                        0.00           533,215.00       1.00000000                0.00
 1-A-34                        0.00        59,630,000.00       1.00000000                0.00
 1-A-35                        0.00           639,785.00       1.00000000                0.00
 1-A-36                  257,708.36        15,415,394.86       0.89546296          257,708.36
 1-A-37                        0.00        21,546,000.00       1.00000000                0.00
 1-A-38                        0.00         1,026,000.00       1.00000000                0.00
 1-A-39                        0.00           578,951.00       1.00000000                0.00
 1-A-40                2,339,838.37        38,761,648.70       0.44460814        2,339,838.37
 1-A-41                1,002,787.90        16,612,135.67       0.44460814        1,002,787.90
 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                   907,713.80        83,530,750.28       0.71431127          907,713.80
 2-A-2                   987,946.94        90,914,063.04       0.71431127          987,946.94
 2-A-3                   776,229.35        71,431,127.34       0.71431127          776,229.35
 2-A-4                    22,510.65         2,071,502.69       0.71431127           22,510.65
 A-PO                      1,000.17           547,278.09       0.98002285            1,000.17
 1-B-1                    10,718.04         9,483,740.87       0.98706712           10,718.04
 1-B-2                     4,466.59         3,952,216.74       0.98706712            4,466.59
 1-B-3                     2,679.51         2,370,935.22       0.98706712            2,679.51
 1-B-4                     1,785.97         1,580,294.46       0.98706712            1,785.97
 1-B-5                     1,339.75         1,185,467.61       0.98706712            1,339.75
 1-B-6                     1,340.31         1,185,957.19       0.98706711            1,340.31
 2-B-1                     7,136.60         1,672,791.96       0.95315781            7,136.60
 2-B-2                     2,138.95           501,361.01       0.95315781            2,138.95
 2-B-3                     2,854.64           669,116.78       0.95315781            2,854.64
 2-B-4                     1,427.32           334,558.39       0.95315781            1,427.32
 2-B-5                       715.69           167,755.77       0.95315778              715.69
 2-B-6                     1,429.10           334,975.87       0.95315780            1,429.10
 A-WIO-1                       0.00                 0.00       0.00000000                0.00
 A-WIO-2                       0.00                 0.00       0.00000000                0.00
 SES                           0.00                 0.00       0.00000000                0.00
 SES                           0.00                 0.00       0.00000000                0.00

 Totals               11,582,985.01       911,369,084.06       0.79132887       11,582,985.01
 



                                     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                    16,127,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-2                             0.00         0.00000000        0.00000000         0.00000000         0.00000000
1-A-3                             0.00         0.00000000        0.00000000         0.00000000         0.00000000
1-A-4                    73,195,000.00       703.70753945        3.34780887        37.13489159         0.00000000
1-A-5                     4,761,905.00       591.47302813        1.80544551        20.02652930         0.00000000
1-A-6                    18,174,306.00       461.80101182        2.37851723        26.38322146         0.00000000
1-A-7                     4,740,921.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-8                     5,452,424.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-9                     7,707,349.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-10                    8,100,000.00       461.80101111        2.37851728        26.38322099         0.00000000
1-A-11                    8,000,000.00       461.80101125        2.37851750        26.38322125         0.00000000
1-A-12                    4,000,000.00       461.75000000        2.37754750        26.37245250         0.00000000
1-A-13                    1,000,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-14                    1,000,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-15                    2,193,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-16                    5,655,000.00       461.80101149        2.37851813        26.38322193         0.00000000
1-A-17                   10,655,000.00       461.80101173        2.37851713        26.38322102         0.00000000
1-A-18                    2,900,000.00       461.72413793        2.39536897        26.57014828         0.00000000
1-A-19                    1,000,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-20                            0.00         0.00000000        0.00000000         0.00000000         0.00000000
1-A-21                    6,000,000.00       461.66666667        2.37065500        26.29601167         0.00000000
1-A-22                    1,000,000.00       461.00000000        2.31552000        25.68448000         0.00000000
1-A-23                      750,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-24                      250,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-25                    3,000,000.00       461.66666667        2.37065667        26.29601000         0.00000000
1-A-26                    4,211,000.00       461.80101164        2.37851817        26.38322251         0.00000000
1-A-27                    4,211,000.00       461.80101164        2.37851817        26.38322251         0.00000000
1-A-28                   87,943,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-29                   78,635,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-30                  103,714,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-31                   40,053,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-32                   50,000,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-33                      533,215.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-34                   59,630,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-35                      639,785.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-36                   17,215,000.00       910.43294917        1.23797735        13.73201162         0.00000000
1-A-37                   21,546,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-38                    1,026,000.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-39                      578,951.00      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-40                   87,181,600.00       471.44680850        2.21948496        24.61918708         0.00000000
1-A-41                   37,363,544.00       471.44680842        2.21948485        24.61918709         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                   116,938,866.00       722.07356688        3.06748186         4.69481165         0.00000000
2-A-2                   127,275,134.00       722.07356694        3.06748182         4.69481164         0.00000000
2-A-3                   100,000,000.00       722.07356690        3.06748180         4.69481160         0.00000000
2-A-4                     2,900,000.00       722.07356552        3.06748276         4.69481034         0.00000000
A-PO                        558,434.01       981.81387627        1.39071043         0.40033378         0.00000000
1-B-1                     9,608,000.00       988.18265092        1.11553289         0.00000000         0.00000000
1-B-2                     4,004,000.00       988.18264985        1.11553197         0.00000000         0.00000000
1-B-3                     2,402,000.00       988.18265196        1.11553289         0.00000000         0.00000000
1-B-4                     1,601,000.00       988.18264834        1.11553404         0.00000000         0.00000000
1-B-5                     1,201,000.00       988.18264779        1.11552873         0.00000000         0.00000000
1-B-6                     1,201,496.00       988.18264896        1.11553430         0.00000000         0.00000000
2-B-1                     1,755,000.00       957.22425071        4.06643875         0.00000000         0.00000000
2-B-2                       526,000.00       957.22423954        4.06644487         0.00000000         0.00000000
2-B-3                       702,000.00       957.22424501        4.06643875         0.00000000         0.00000000
2-B-4                       351,000.00       957.22424501        4.06643875         0.00000000         0.00000000
2-B-5                       176,000.00       957.22426136        4.06642045         0.00000000         0.00000000
2-B-6                       351,438.00       957.22426146        4.06643562         0.00000000         0.00000000
A-WIO-1                           0.00         0.00000000        0.00000000         0.00000000         0.00000000
A-WIO-2                           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         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-2                   0.00000000         0.00000000         0.00000000        0.00000000         0.00000000
1-A-3                   0.00000000         0.00000000         0.00000000        0.00000000         0.00000000
1-A-4                   0.00000000        40.48270059       663.22483886        0.66322484        40.48270059
1-A-5                   0.00000000        21.83197271       569.64105542        0.56964106        21.83197271
1-A-6                   0.00000000        28.76173869       433.03927314        0.43303927        28.76173869
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        28.76173827       433.03927284        0.43303927        28.76173827
1-A-11                  0.00000000        28.76173875       433.03927250        0.43303927        28.76173875
1-A-12                  0.00000000        28.75000000       433.00000000        0.43300000        28.75000000
1-A-13                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-14                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-15                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-16                  0.00000000        28.76173828       433.03927321        0.43303927        28.76173828
1-A-17                  0.00000000        28.76173909       433.03927264        0.43303927        28.76173909
1-A-18                  0.00000000        28.96551724       432.75862069        0.43275862        28.96551724
1-A-19                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-20                  0.00000000         0.00000000         0.00000000        0.00000000         0.00000000
1-A-21                  0.00000000        28.66666667       433.00000000        0.43300000        28.66666667
1-A-22                  0.00000000        28.00000000       433.00000000        0.43300000        28.00000000
1-A-23                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-24                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-25                  0.00000000        28.66666667       433.00000000        0.43300000        28.66666667
1-A-26                  0.00000000        28.76173830       433.03927333        0.43303927        28.76173830
1-A-27                  0.00000000        28.76173830       433.03927333        0.43303927        28.76173830
1-A-28                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-29                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-30                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-31                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-32                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-33                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-34                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-35                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-36                  0.00000000        14.96998896       895.46296021        0.89546296        14.96998896
1-A-37                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-38                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-39                  0.00000000         0.00000000     1,000.00000000        1.00000000         0.00000000
1-A-40                  0.00000000        26.83867204       444.60813635        0.44460814        26.83867204
1-A-41                  0.00000000        26.83867194       444.60813648        0.44460814        26.83867194
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         7.76229350       714.31127338        0.71431127         7.76229350
2-A-2                   0.00000000         7.76229346       714.31127340        0.71431127         7.76229346
2-A-3                   0.00000000         7.76229350       714.31127340        0.71431127         7.76229350
2-A-4                   0.00000000         7.76229310       714.31127241        0.71431127         7.76229310
A-PO                    0.00000000         1.79102630       980.02284997        0.98002285         1.79102630
1-B-1                   0.00000000         1.11553289       987.06711803        0.98706712         1.11553289
1-B-2                   0.00000000         1.11553197       987.06711788        0.98706712         1.11553197
1-B-3                   0.00000000         1.11553289       987.06711907        0.98706712         1.11553289
1-B-4                   0.00000000         1.11553404       987.06712055        0.98706712         1.11553404
1-B-5                   0.00000000         1.11552873       987.06711907        0.98706712         1.11552873
1-B-6                   0.00000000         1.11553430       987.06711466        0.98706711         1.11553430
2-B-1                   0.00000000         4.06643875       953.15781197        0.95315781         4.06643875
2-B-2                   0.00000000         4.06644487       953.15781369        0.95315781         4.06644487
2-B-3                   0.00000000         4.06643875       953.15780627        0.95315781         4.06643875
2-B-4                   0.00000000         4.06643875       953.15780627        0.95315781         4.06643875
2-B-5                   0.00000000         4.06642045       953.15778409        0.95315778         4.06642045
2-B-6                   0.00000000         4.06643562       953.15779739        0.95315780         4.06643562
A-WIO-1                 0.00000000         0.00000000         0.00000000        0.00000000         0.00000000
A-WIO-2                 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                16,127,000.00         5.00000%      16,127,000.00          67,195.83              0.00               0.00
1-A-2                         0.00         5.25000%       9,811,023.50          42,923.23              0.00               0.00
1-A-3                         0.00         5.25000%         552,925.71           2,419.05              0.00               0.00
1-A-4                73,195,000.00         4.25000%      51,507,873.35         182,423.72              0.00               0.00
1-A-5                 4,761,905.00         0.00000%       2,816,538.37               0.00              0.00               0.00
1-A-6                18,174,306.00         5.50000%       8,392,912.90          38,467.52              0.00               0.00
1-A-7                 4,740,921.00         5.50000%       4,740,921.00          21,729.22              0.00               0.00
1-A-8                 5,452,424.00         5.50000%       5,452,424.00          24,990.28              0.00               0.00
1-A-9                 7,707,349.00         5.50000%       7,707,349.00          35,325.35              0.00               0.00
1-A-10                8,100,000.00         5.00000%       3,740,588.19          15,585.78              0.00               0.00
1-A-11                8,000,000.00         6.00000%       3,694,408.09          18,472.04              0.00               0.00
1-A-12                4,000,000.00         5.50000%       1,847,000.00           8,465.42              0.00               0.00
1-A-13                1,000,000.00         5.50000%       1,000,000.00           4,583.33              0.00               0.00
1-A-14                1,000,000.00         5.50000%       1,000,000.00           4,583.33              0.00               0.00
1-A-15                2,193,000.00         5.50000%       2,193,000.00          10,051.25              0.00               0.00
1-A-16                5,655,000.00         4.00000%       2,611,484.72           8,704.95              0.00               0.00
1-A-17               10,655,000.00         7.00000%       4,920,489.78          28,702.86              0.00               0.00
1-A-18                2,900,000.00         5.00000%       1,339,000.00           5,579.17              0.00               0.00
1-A-19                1,000,000.00         5.00000%       1,000,000.00           4,166.67              0.00               0.00
1-A-20                        0.00         5.25000%      72,828,285.71         318,623.75              0.00               0.00
1-A-21                6,000,000.00         4.00000%       2,770,000.00           9,233.33              0.00               0.00
1-A-22                1,000,000.00         7.00000%         461,000.00           2,689.17              0.00               0.00
1-A-23                  750,000.00         2.11000%         750,000.00           1,318.75              0.00               0.00
1-A-24                  250,000.00        17.67000%         250,000.00           3,681.25              0.00               0.00
1-A-25                3,000,000.00         6.00000%       1,385,000.00           6,925.00              0.00               0.00
1-A-26                4,211,000.00         5.00000%       1,944,644.06           8,102.68              0.00               0.00
1-A-27                4,211,000.00         6.00000%       1,944,644.06           9,723.22              0.00               0.00
1-A-28               87,943,000.00         2.50000%      87,943,000.00         183,214.58              0.00               0.00
1-A-29               78,635,000.00         4.25000%      78,635,000.00         278,498.96              0.00               0.00
1-A-30              103,714,000.00         4.75000%     103,714,000.00         410,534.58              0.00               0.00
1-A-31               40,053,000.00         5.00000%      40,053,000.00         166,887.50              0.00               0.00
1-A-32               50,000,000.00         5.25000%      50,000,000.00         218,750.00              0.00               0.00
1-A-33                  533,215.00         5.25000%         533,215.00           2,332.82              0.00               0.00
1-A-34               59,630,000.00         5.25000%      59,630,000.00         260,881.25              0.00               0.00
1-A-35                  639,785.00         5.25000%         639,785.00           2,799.06              0.00               0.00
1-A-36               17,215,000.00         5.25000%      15,673,103.22          68,569.83              0.00               0.00
1-A-37               21,546,000.00         5.50000%      21,546,000.00          98,752.50              0.00               0.00
1-A-38                1,026,000.00         0.00000%       1,026,000.00               0.00              0.00               0.00
1-A-39                  578,951.00         5.25000%         578,951.00           2,532.91              0.00               0.00
1-A-40               87,181,600.00         2.65000%      41,101,487.08          90,765.78              0.00               0.00
1-A-41               37,363,544.00        11.31667%      17,614,923.57         166,118.51              0.00               0.00
1-A-R                        50.00         5.25000%               0.00               0.00              0.00               0.00
1-A-LR                       50.00         5.25000%               0.00               0.00              0.00               0.00
2-A-1               116,938,866.00         1.75000%      84,438,464.08         123,139.43              0.00               0.00
2-A-2               127,275,134.00         9.93182%      91,902,009.99         760,628.38              0.00               0.00
2-A-3               100,000,000.00         1.75000%      72,207,356.69         105,302.40              0.00               0.00
2-A-4                 2,900,000.00         1.75000%       2,094,013.34           3,053.77              0.00               0.00
A-PO                    558,434.01         0.00000%         548,278.26               0.00              0.00               0.00
1-B-1                 9,608,000.00         5.25000%       9,494,458.91          41,538.26              0.00               0.00
1-B-2                 4,004,000.00         5.25000%       3,956,683.33          17,310.49              0.00               0.00
1-B-3                 2,402,000.00         5.25000%       2,373,614.73          10,384.56              0.00               0.00
1-B-4                 1,601,000.00         5.25000%       1,582,080.42           6,921.60              0.00               0.00
1-B-5                 1,201,000.00         5.25000%       1,186,807.36           5,192.28              0.00               0.00
1-B-6                 1,201,496.00         5.25000%       1,187,297.50           5,194.43              0.00               0.00
2-B-1                 1,755,000.00         4.75000%       1,679,928.56           6,649.72              0.00               0.00
2-B-2                   526,000.00         4.75000%         503,499.95           1,993.02              0.00               0.00
2-B-3                   702,000.00         4.75000%         671,971.42           2,659.89              0.00               0.00
2-B-4                   351,000.00         4.75000%         335,985.71           1,329.94              0.00               0.00
2-B-5                   176,000.00         4.75000%         168,471.47             666.87              0.00               0.00
2-B-6                   351,438.00         4.75000%         336,404.98           1,331.60              0.00               0.00
A-WIO-1                       0.00         0.36572%     604,241,899.17         184,150.55              0.00               0.00
A-WIO-2                       0.00         0.38241%     245,611,969.38          78,270.35              0.00               0.00
SES                           0.00         0.00000%     922,954,507.22               0.00              0.00               0.00
Totals            1,151,694,468.01                                           4,191,021.97              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            67,195.83              0.00         16,127,000.00
 1-A-2                         0.00               0.00            42,923.23              0.00          9,246,617.54
 1-A-3                         0.00               0.00             2,419.05              0.00            552,925.71
 1-A-4                         0.01               0.00           182,423.71              0.00         48,544,742.08
 1-A-5                         0.00               0.00                 0.00              0.00          2,712,576.59
 1-A-6                         0.00               0.00            38,467.52              0.00          7,870,188.26
 1-A-7                         0.00               0.00            21,729.22              0.00          4,740,921.00
 1-A-8                         0.00               0.00            24,990.28              0.00          5,452,424.00
 1-A-9                         0.00               0.00            35,325.35              0.00          7,707,349.00
 1-A-10                        0.00               0.00            15,585.78              0.00          3,507,618.11
 1-A-11                        0.00               0.00            18,472.04              0.00          3,464,314.18
 1-A-12                        0.00               0.00             8,465.42              0.00          1,732,000.00
 1-A-13                        0.00               0.00             4,583.33              0.00          1,000,000.00
 1-A-14                        0.00               0.00             4,583.33              0.00          1,000,000.00
 1-A-15                        0.00               0.00            10,051.25              0.00          2,193,000.00
 1-A-16                        0.00               0.00             8,704.95              0.00          2,448,837.09
 1-A-17                        0.00               0.00            28,702.86              0.00          4,614,033.45
 1-A-18                        0.00               0.00             5,579.17              0.00          1,255,000.00
 1-A-19                        0.00               0.00             4,166.67              0.00          1,000,000.00
 1-A-20                        0.02               0.00           318,623.73              0.00         72,828,285.71
 1-A-21                        0.00               0.00             9,233.33              0.00          2,598,000.00
 1-A-22                        0.00               0.00             2,689.17              0.00            433,000.00
 1-A-23                        0.00               0.00             1,318.75              0.00            750,000.00
 1-A-24                        0.00               0.00             3,681.25              0.00            250,000.00
 1-A-25                        0.00               0.00             6,925.00              0.00          1,299,000.00
 1-A-26                        0.00               0.00             8,102.68              0.00          1,823,528.38
 1-A-27                        0.00               0.00             9,723.22              0.00          1,823,528.38
 1-A-28                        0.01               0.00           183,214.57              0.00         87,943,000.00
 1-A-29                        0.02               0.00           278,498.94              0.00         78,635,000.00
 1-A-30                        0.02               0.00           410,534.56              0.00        103,714,000.00
 1-A-31                        0.01               0.00           166,887.49              0.00         40,053,000.00
 1-A-32                        0.01               0.00           218,749.99              0.00         50,000,000.00
 1-A-33                        0.00               0.00             2,332.82              0.00            533,215.00
 1-A-34                        0.01               0.00           260,881.24              0.00         59,630,000.00
 1-A-35                        0.00               0.00             2,799.06              0.00            639,785.00
 1-A-36                        0.00               0.00            68,569.82              0.00         15,415,394.86
 1-A-37                        0.01               0.00            98,752.49              0.00         21,546,000.00
 1-A-38                        0.00               0.00                 0.00              0.00          1,026,000.00
 1-A-39                        0.00               0.00             2,532.91              0.00            578,951.00
 1-A-40                        0.00               0.00            90,765.78              0.00         38,761,648.70
 1-A-41                        0.01               0.00           166,118.50              0.00         16,612,135.67
 1-A-R                         0.00               0.00                 0.00              0.00                  0.00
 1-A-LR                        0.00               0.00                11.25              0.00                  0.00
 2-A-1                         0.00               0.00           123,139.42              0.00         83,530,750.28
 2-A-2                         0.02               0.00           760,628.35              0.00         90,914,063.04
 2-A-3                         0.00               0.00           105,302.39              0.00         71,431,127.34
 2-A-4                         0.00               0.00             3,053.77              0.00          2,071,502.69
 A-PO                          0.00               0.00                 0.00              0.00            547,278.09
 1-B-1                         0.00               0.00            41,538.26              0.00          9,483,740.87
 1-B-2                         0.00               0.00            17,310.49              0.00          3,952,216.74
 1-B-3                         0.00               0.00            10,384.56              0.00          2,370,935.22
 1-B-4                         0.00               0.00             6,921.60              0.00          1,580,294.46
 1-B-5                         0.00               0.00             5,192.28              0.00          1,185,467.61
 1-B-6                         0.00               0.00             5,194.43              0.00          1,185,957.19
 2-B-1                         0.00               0.00             6,649.72              0.00          1,672,791.96
 2-B-2                         0.00               0.00             1,993.02              0.00            501,361.01
 2-B-3                         0.00               0.00             2,659.89              0.00            669,116.78
 2-B-4                         0.00               0.00             1,329.94              0.00            334,558.39
 2-B-5                         0.00               0.00               666.87              0.00            167,755.77
 2-B-6                         0.00               0.00             1,331.60              0.00            334,975.87
 A-WIO-1                       0.01               0.00           184,150.54              0.00        595,857,743.69
 A-WIO-2                       0.00               0.00            78,270.35              0.00        242,956,230.84
 SES                           0.00               0.00           158,038.22              0.00        911,370,448.80
 Totals                        0.16               0.00         4,349,071.24              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                  16,127,000.00         5.00000%      1000.00000000        4.16666646         0.00000000         0.00000000
1-A-2                           0.00         5.25000%       703.70757825        3.07872081         0.00000000         0.00000000
1-A-3                           0.00         5.25000%      1000.00128408        4.37500565         0.00000000         0.00000000
1-A-4                  73,195,000.00         4.25000%       703.70753945        2.49229756         0.00000000         0.00000000
1-A-5                   4,761,905.00         0.00000%       591.47302813        0.00000000         0.00000000         0.00000000
1-A-6                  18,174,306.00         5.50000%       461.80101182        2.11658811         0.00000000         0.00000000
1-A-7                   4,740,921.00         5.50000%      1000.00000000        4.58333307         0.00000000         0.00000000
1-A-8                   5,452,424.00         5.50000%      1000.00000000        4.58333394         0.00000000         0.00000000
1-A-9                   7,707,349.00         5.50000%      1000.00000000        4.58333339         0.00000000         0.00000000
1-A-10                  8,100,000.00         5.00000%       461.80101111        1.92417037         0.00000000         0.00000000
1-A-11                  8,000,000.00         6.00000%       461.80101125        2.30900500         0.00000000         0.00000000
1-A-12                  4,000,000.00         5.50000%       461.75000000        2.11635500         0.00000000         0.00000000
1-A-13                  1,000,000.00         5.50000%      1000.00000000        4.58333000         0.00000000         0.00000000
1-A-14                  1,000,000.00         5.50000%      1000.00000000        4.58333000         0.00000000         0.00000000
1-A-15                  2,193,000.00         5.50000%      1000.00000000        4.58333333         0.00000000         0.00000000
1-A-16                  5,655,000.00         4.00000%       461.80101149        1.53933687         0.00000000         0.00000000
1-A-17                 10,655,000.00         7.00000%       461.80101173        2.69383951         0.00000000         0.00000000
1-A-18                  2,900,000.00         5.00000%       461.72413793        1.92385172         0.00000000         0.00000000
1-A-19                  1,000,000.00         5.00000%      1000.00000000        4.16667000         0.00000000         0.00000000
1-A-20                          0.00         5.25000%      1000.00000975        4.37500004         0.00000000         0.00000000
1-A-21                  6,000,000.00         4.00000%       461.66666667        1.53888833         0.00000000         0.00000000
1-A-22                  1,000,000.00         7.00000%       461.00000000        2.68917000         0.00000000         0.00000000
1-A-23                    750,000.00         2.11000%      1000.00000000        1.75833333         0.00000000         0.00000000
1-A-24                    250,000.00        17.67000%      1000.00000000       14.72500000         0.00000000         0.00000000
1-A-25                  3,000,000.00         6.00000%       461.66666667        2.30833333         0.00000000         0.00000000
1-A-26                  4,211,000.00         5.00000%       461.80101164        1.92417003         0.00000000         0.00000000
1-A-27                  4,211,000.00         6.00000%       461.80101164        2.30900499         0.00000000         0.00000000
1-A-28                 87,943,000.00         2.50000%      1000.00000000        2.08333330         0.00000000         0.00000000
1-A-29                 78,635,000.00         4.25000%      1000.00000000        3.54166669         0.00000000         0.00000000
1-A-30                103,714,000.00         4.75000%      1000.00000000        3.95833330         0.00000000         0.00000000
1-A-31                 40,053,000.00         5.00000%      1000.00000000        4.16666667         0.00000000         0.00000000
1-A-32                 50,000,000.00         5.25000%      1000.00000000        4.37500000         0.00000000         0.00000000
1-A-33                    533,215.00         5.25000%      1000.00000000        4.37500820         0.00000000         0.00000000
1-A-34                 59,630,000.00         5.25000%      1000.00000000        4.37500000         0.00000000         0.00000000
1-A-35                    639,785.00         5.25000%      1000.00000000        4.37500098         0.00000000         0.00000000
1-A-36                 17,215,000.00         5.25000%       910.43294917        3.98314435         0.00000000         0.00000000
1-A-37                 21,546,000.00         5.50000%      1000.00000000        4.58333333         0.00000000         0.00000000
1-A-38                  1,026,000.00         0.00000%      1000.00000000        0.00000000         0.00000000         0.00000000
1-A-39                    578,951.00         5.25000%      1000.00000000        4.37499892         0.00000000         0.00000000
1-A-40                 87,181,600.00         2.65000%       471.44680850        1.04111166         0.00000000         0.00000000
1-A-41                 37,363,544.00        11.31667%       471.44680842        4.44600518         0.00000000         0.00000000
1-A-R                          50.00         5.25000%         0.00000000        0.00000000         0.00000000         0.00000000
1-A-LR                         50.00         5.25000%         0.00000000        0.00000000         0.00000000         0.00000000
2-A-1                 116,938,866.00         1.75000%       722.07356688        1.05302398         0.00000000         0.00000000
2-A-2                 127,275,134.00         9.93182%       722.07356694        5.97625283         0.00000000         0.00000000
2-A-3                 100,000,000.00         1.75000%       722.07356690        1.05302400         0.00000000         0.00000000
2-A-4                   2,900,000.00         1.75000%       722.07356552        1.05302414         0.00000000         0.00000000
A-PO                      558,434.01         0.00000%       981.81387627        0.00000000         0.00000000         0.00000000
1-B-1                   9,608,000.00         5.25000%       988.18265092        4.32329933         0.00000000         0.00000000
1-B-2                   4,004,000.00         5.25000%       988.18264985        4.32329920         0.00000000         0.00000000
1-B-3                   2,402,000.00         5.25000%       988.18265196        4.32329725         0.00000000         0.00000000
1-B-4                   1,601,000.00         5.25000%       988.18264834        4.32329794         0.00000000         0.00000000
1-B-5                   1,201,000.00         5.25000%       988.18264779        4.32329725         0.00000000         0.00000000
1-B-6                   1,201,496.00         5.25000%       988.18264896        4.32330195         0.00000000         0.00000000
2-B-1                   1,755,000.00         4.75000%       957.22425071        3.78901425         0.00000000         0.00000000
2-B-2                     526,000.00         4.75000%       957.22423954        3.78901141         0.00000000         0.00000000
2-B-3                     702,000.00         4.75000%       957.22424501        3.78901709         0.00000000         0.00000000
2-B-4                     351,000.00         4.75000%       957.22424501        3.78900285         0.00000000         0.00000000
2-B-5                     176,000.00         4.75000%       957.22426136        3.78903409         0.00000000         0.00000000
2-B-6                     351,438.00         4.75000%       957.22426146        3.78900403         0.00000000         0.00000000
A-WIO-1                         0.00         0.36572%       823.53682655        0.25098352         0.00000000         0.00000000
A-WIO-2                         0.00         0.38241%       720.16589755        0.22949874         0.00000000         0.00000000
SES                             0.00         0.00000%       801.38833001        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         4.16666646        0.00000000      1000.00000000
1-A-2                   0.00000000         0.00000000         3.07872081        0.00000000       663.22487517
1-A-3                   0.00000000         0.00000000         4.37500565        0.00000000      1000.00128408
1-A-4                   0.00000014         0.00000000         2.49229742        0.00000000       663.22483886
1-A-5                   0.00000000         0.00000000         0.00000000        0.00000000       569.64105542
1-A-6                   0.00000000         0.00000000         2.11658811        0.00000000       433.03927314
1-A-7                   0.00000000         0.00000000         4.58333307        0.00000000      1000.00000000
1-A-8                   0.00000000         0.00000000         4.58333394        0.00000000      1000.00000000
1-A-9                   0.00000000         0.00000000         4.58333339        0.00000000      1000.00000000
1-A-10                  0.00000000         0.00000000         1.92417037        0.00000000       433.03927284
1-A-11                  0.00000000         0.00000000         2.30900500        0.00000000       433.03927250
1-A-12                  0.00000000         0.00000000         2.11635500        0.00000000       433.00000000
1-A-13                  0.00000000         0.00000000         4.58333000        0.00000000      1000.00000000
1-A-14                  0.00000000         0.00000000         4.58333000        0.00000000      1000.00000000
1-A-15                  0.00000000         0.00000000         4.58333333        0.00000000      1000.00000000
1-A-16                  0.00000000         0.00000000         1.53933687        0.00000000       433.03927321
1-A-17                  0.00000000         0.00000000         2.69383951        0.00000000       433.03927264
1-A-18                  0.00000000         0.00000000         1.92385172        0.00000000       432.75862069
1-A-19                  0.00000000         0.00000000         4.16667000        0.00000000      1000.00000000
1-A-20                  0.00000027         0.00000000         4.37499977        0.00000000      1000.00000975
1-A-21                  0.00000000         0.00000000         1.53888833        0.00000000       433.00000000
1-A-22                  0.00000000         0.00000000         2.68917000        0.00000000       433.00000000
1-A-23                  0.00000000         0.00000000         1.75833333        0.00000000      1000.00000000
1-A-24                  0.00000000         0.00000000        14.72500000        0.00000000      1000.00000000
1-A-25                  0.00000000         0.00000000         2.30833333        0.00000000       433.00000000
1-A-26                  0.00000000         0.00000000         1.92417003        0.00000000       433.03927333
1-A-27                  0.00000000         0.00000000         2.30900499        0.00000000       433.03927333
1-A-28                  0.00000011         0.00000000         2.08333318        0.00000000      1000.00000000
1-A-29                  0.00000025         0.00000000         3.54166643        0.00000000      1000.00000000
1-A-30                  0.00000019         0.00000000         3.95833311        0.00000000      1000.00000000
1-A-31                  0.00000025         0.00000000         4.16666642        0.00000000      1000.00000000
1-A-32                  0.00000020         0.00000000         4.37499980        0.00000000      1000.00000000
1-A-33                  0.00000000         0.00000000         4.37500820        0.00000000      1000.00000000
1-A-34                  0.00000017         0.00000000         4.37499983        0.00000000      1000.00000000
1-A-35                  0.00000000         0.00000000         4.37500098        0.00000000      1000.00000000
1-A-36                  0.00000000         0.00000000         3.98314377        0.00000000       895.46296021
1-A-37                  0.00000046         0.00000000         4.58333287        0.00000000      1000.00000000
1-A-38                  0.00000000         0.00000000         0.00000000        0.00000000      1000.00000000
1-A-39                  0.00000000         0.00000000         4.37499892        0.00000000      1000.00000000
1-A-40                  0.00000000         0.00000000         1.04111166        0.00000000       444.60813635
1-A-41                  0.00000027         0.00000000         4.44600491        0.00000000       444.60813648
1-A-R                   0.00000000         0.00000000         0.00000000        0.00000000         0.00000000
1-A-LR                  0.00000000         0.00000000       225.00000000        0.00000000         0.00000000
2-A-1                   0.00000000         0.00000000         1.05302389        0.00000000       714.31127338
2-A-2                   0.00000016         0.00000000         5.97625260        0.00000000       714.31127340
2-A-3                   0.00000000         0.00000000         1.05302390        0.00000000       714.31127340
2-A-4                   0.00000000         0.00000000         1.05302414        0.00000000       714.31127241
A-PO                    0.00000000         0.00000000         0.00000000        0.00000000       980.02284997
1-B-1                   0.00000000         0.00000000         4.32329933        0.00000000       987.06711803
1-B-2                   0.00000000         0.00000000         4.32329920        0.00000000       987.06711788
1-B-3                   0.00000000         0.00000000         4.32329725        0.00000000       987.06711907
1-B-4                   0.00000000         0.00000000         4.32329794        0.00000000       987.06712055
1-B-5                   0.00000000         0.00000000         4.32329725        0.00000000       987.06711907
1-B-6                   0.00000000         0.00000000         4.32330195        0.00000000       987.06711466
2-B-1                   0.00000000         0.00000000         3.78901425        0.00000000       953.15781197
2-B-2                   0.00000000         0.00000000         3.78901141        0.00000000       953.15781369
2-B-3                   0.00000000         0.00000000         3.78901709        0.00000000       953.15780627
2-B-4                   0.00000000         0.00000000         3.78900285        0.00000000       953.15780627
2-B-5                   0.00000000         0.00000000         3.78903409        0.00000000       953.15778409
2-B-6                   0.00000000         0.00000000         3.78900403        0.00000000       953.15779739
A-WIO-1                 0.00000001         0.00000000         0.25098351        0.00000000       812.10984539
A-WIO-2                 0.00000000         0.00000000         0.22949874        0.00000000       712.37893044
SES                     0.00000000         0.00000000         0.13722235        0.00000000       791.33005611
<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>
      A-PO-1              0.00000%               0.00               0.00        511,326.29         510,486.39       98.26470113%
      A-PO-2              0.00000%               0.00               0.00         36,951.97          36,791.70       94.50071816%
       SES-1              0.00000%     668,579,448.21     659,705,653.11              0.00               0.00       82.39316241%
       SES-2              0.00000%     254,375,059.01     251,664,795.69              0.00               0.00       71.69643641%




                                                  CERTIFICATEHOLDER ACCOUNT STATEMENT
                                                          CERTIFICATE ACCOUNT

<s>                                                                                      <c>
Beginning Balance                                                                                              0.00
Deposits
     Payments of Interest and Principal                                                               15,972,991.69
     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                                                                                        15,972,991.69

Withdrawals
     Reimbursement for Servicer Advances                                                                       0.00
     Payment of Service Fee                                                                               40,935.44
     Payment of Interest and Principal                                                                15,932,056.25
Total Withdrawals (Pool Distribution Amount)                                                          15,972,991.69


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                                                                                       38,456.44
MBIA Fee                                                                                                     940.74
Wells Fargo Bank, NA as Trustee                                                                            1,538.26
Supported Prepayment/Curtailment Interest Shortfall                                                            0.00
Net Servicing Fee                                                                                         40,935.44







                                                             OTHER ACCOUNTS

                                                    Beginning            Current           Current            Ending
Account Type                                           Balance        Withdrawals          Deposits           Balance

<s>                                      <c>                 <c>                <c>               <c>
1-A-1 Reserve Fund                                   25,000.00               0.00              0.00         25,000.00
1-A-12 Reserve Fund                                     795.95             157.09            204.05            842.90
1-A-13  Reserve Fund                                    999.99               0.00              0.00            999.99
1-A-14  Reserve Fund                                    999.99               0.00              0.00            999.99
1-A-15  Reserve Fund                                    999.99               0.00              0.00            999.99
1-A-18  Reserve Fund                                    777.06             813.89            222.93            186.10
1-A-21  Reserve Fund                                    193.94             235.64            806.07            764.37
1-A-22  Reserve Fund                                    198.97              39.27            801.01            960.71
1-A-25  Reserve Fund                                    596.95             117.82            403.03            882.17




                        LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
                                                           DELINQUENCY STATUS

         DELINQUENT               BANKRUPTCY             FORECLOSURE             REO                     Total

<s>          <c>                    <c>                     <c>                     <c>                     <c>

          No of Loans             No of Loans            No of Loans             No of Loans             No of Loans
          Principal Balance       Principal Balance      Principal Balance       Principal Balance       Principal Balance
0-29 Days                         1                      0                       0                       1
                                  384,528.92             0.00                    0.00                    384,528.92

30 Days   7                       0                      0                       0                       7
          3,779,107.24            0.00                   0.00                    0.00                    3,779,107.24

60 Days   0                       0                      0                       0                       0
          0.00                    0.00                   0.00                    0.00                    0.00

90 Days   1                       0                      0                       0                       1
          352,821.50              0.00                   0.00                    0.00                    352,821.50

120 Days  0                       0                      0                       0                       0
          0.00                    0.00                   0.00                    0.00                    0.00

150 Days  1                       0                      0                       0                       1
          555,562.86              0.00                   0.00                    0.00                    555,562.86

180+ Days 0                       0                      1                       0                       1
          0.00                    0.00                   358,944.93              0.00                    358,944.93

Totals    9                       1                      1                       0                       11
          4,687,491.60            384,528.92             358,944.93              0.00                    5,430,965.45


          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                         0.053533%              0.000000%               0.000000%               0.053533%
                                  0.042122%              0.000000%               0.000000%               0.042122%

30 Days   0.374732%               0.000000%              0.000000%               0.000000%               0.374732%
          0.413971%               0.000000%              0.000000%               0.000000%               0.413971%

60 Days   0.000000%               0.000000%              0.000000%               0.000000%               0.000000%
          0.000000%               0.000000%              0.000000%               0.000000%               0.000000%

90 Days   0.053533%               0.000000%              0.000000%               0.000000%               0.053533%
          0.038649%               0.000000%              0.000000%               0.000000%               0.038649%

120 Days  0.000000%               0.000000%              0.000000%               0.000000%               0.000000%
          0.000000%               0.000000%              0.000000%               0.000000%               0.000000%

150 Days  0.053533%               0.000000%              0.000000%               0.000000%               0.053533%
          0.060857%               0.000000%              0.000000%               0.000000%               0.060857%

180+ Days 0.000000%               0.000000%              0.053533%               0.000000%               0.053533%
          0.000000%               0.000000%              0.039320%               0.000000%               0.039320%

Totals    0.481799%               0.053533%              0.053533%               0.000000%               0.588865%
          0.513477%               0.042122%              0.039320%               0.000000%               0.594919%


 
                                                   Delinquency Status By Groups
 
                         DELINQUENT           BANKRUPTCY            FORECLOSURE          REO                  Total
 <s>                                                                                              
 1 - 30 Year Fixed       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
                                              384,528.92            0.00                 0.00                 384,528.92

 30 Days                 5                    0                     0                    0                    5
                         2,530,272.34         0.00                  0.00                 0.00                 2,530,272.34

 60 Days                 0                    0                     0                    0                    0
                         0.00                 0.00                  0.00                 0.00                 0.00

 90 Days                 1                    0                     0                    0                    1
                         352,821.50           0.00                  0.00                 0.00                 352,821.50

 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                     1                    0                    1
                         0.00                 0.00                  358,944.93           0.00                 358,944.93

 Totals                  6                    1                     1                    0                    8
                         2,883,093.84         384,528.92            358,944.93           0.00                 3,626,567.69



 0-29 Days                                    0.074794%             0.000000%            0.000000%            0.074794%
                                              0.058234%             0.000000%            0.000000%            0.058234%

 30 Days                 0.373972%            0.000000%             0.000000%            0.000000%            0.373972%
                         0.383191%            0.000000%             0.000000%            0.000000%            0.383191%

 60 Days                 0.000000%            0.000000%             0.000000%            0.000000%            0.000000%
                         0.000000%            0.000000%             0.000000%            0.000000%            0.000000%

 90 Days                 0.074794%            0.000000%             0.000000%            0.000000%            0.074794%
                         0.053432%            0.000000%             0.000000%            0.000000%            0.053432%

 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%             0.074794%            0.000000%            0.074794%
                         0.000000%            0.000000%             0.054359%            0.000000%            0.054359%

 Totals                  0.448766%            0.074794%             0.074794%            0.000000%            0.598355%
                         0.436623%            0.058234%             0.054359%            0.000000%            0.549216%

<caption>

                         DELINQUENT           BANKRUPTCY            FORECLOSURE          REO                  Total
 <s>                                                                                              
 2 - 15 Year Fixed       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
                         1,248,834.90         0.00                  0.00                 0.00                 1,248,834.90

 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                1                    0                     0                    0                    1
                         555,562.86           0.00                  0.00                 0.00                 555,562.86

 180 Days                0                    0                     0                    0                    0
                         0.00                 0.00                  0.00                 0.00                 0.00

 Totals                  3                    0                     0                    0                    3
                         1,804,397.76         0.00                  0.00                 0.00                 1,804,397.76



 0-29 Days                                    0.000000%             0.000000%            0.000000%            0.000000%
                                              0.000000%             0.000000%            0.000000%            0.000000%

 30 Days                 0.376648%            0.000000%             0.000000%            0.000000%            0.376648%
                         0.494442%            0.000000%             0.000000%            0.000000%            0.494442%

 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                0.188324%            0.000000%             0.000000%            0.000000%            0.188324%
                         0.219960%            0.000000%             0.000000%            0.000000%            0.219960%

 180 Days                0.000000%            0.000000%             0.000000%            0.000000%            0.000000%
                         0.000000%            0.000000%             0.000000%            0.000000%            0.000000%

 Totals                  0.564972%            0.000000%             0.000000%            0.000000%            0.564972%
                         0.714401%            0.000000%             0.000000%            0.000000%            0.714401%



 




                                                            OTHER INFORMATION

<s>                                                                                 <c>
Current Period Class A Insufficient Funds                                                                  0.00
Principal Balance of Contaminated Properties                                                               0.00

Periodic Advance                                                                                      35,577.87








 
 
                                   COLLATERAL STATEMENT
                                                                            
 Collateral Description                                                    Mixed Fixed

 Weighted Average Gross Coupon                                               5.702289%
 Weighted Average Net Coupon                                                 5.452289%
 Weighted Average Pass-Through Rate                                          5.450289%
 Weighted Average Maturity(Stepdown Calculation )                                  348
 Beginning Scheduled Collateral Loan Count                                       1,887

 Number Of Loans Paid In Full                                                       19
 Ending Scheduled Collateral Loan Count                                          1,868
 Beginning Scheduled Collateral Balance                                 922,954,507.22
 Ending Scheduled Collateral Balance                                    911,370,448.80
 Ending Actual Collateral Balance at 30-Jun-2004                        912,891,678.17
 Monthly P &I Constant                                                    6,221,202.96
 Special Servicing Fee                                                            0.00
 Prepayment Penalties                                                             0.00
 Realized Loss Amount                                                             0.00
 Cumulative Realized Loss                                                         0.00
 Ending Scheduled Balance for Premium Loans                             911,370,448.80
 Scheduled Principal                                                      1,835,408.77
 Unscheduled Principal                                                    9,748,649.65
 
 
 
                                                       


 


                                     Group Level Collateral Statement
                                                   
Group                                         1 - 30 Year Fixed                2 - 15 Year Fixed                            Total
Collateral Description                              Mixed Fixed                      Mixed Fixed                      Mixed Fixed
Weighted Average Coupon Rate                           5.828507                         5.370546                         5.702289
Weighted Average Net Rate                              5.578507                         5.120546                         5.452289
Weighted Average Maturity                                   348                              167                              348
Beginning Loan Count                                      1,352                              535                            1,887
Loans Paid In Full                                           15                                4                               19
Ending Loan Count                                         1,337                              531                            1,868
Beginning Scheduled Balance                      668,579,448.21                   254,375,059.01                   922,954,507.22
Ending scheduled Balance                         659,705,653.11                   251,664,795.69                   911,370,448.80
Record Date                                          06/30/2004                       06/30/2004                       06/30/2004
Principal And Interest Constant                    4,002,137.03                     2,219,065.93                     6,221,202.96
Scheduled Principal                                  754,786.93                     1,080,621.84                     1,835,408.77
Unscheduled Principal                              8,119,008.17                     1,629,641.48                     9,748,649.65
Scheduled Interest                                 3,247,350.10                     1,138,444.09                     4,385,794.19
Servicing Fees                                       139,287.41                        52,994.80                       192,282.21
Master Servicing Fees                                      0.00                             0.00                             0.00
Trustee Fee                                            1,114.29                           423.97                         1,538.26
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                                       3,106,948.40                     1,085,025.32                     4,191,973.72
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                                      5.576507                         5.118546                         5.450289

  
  
                       Miscellaneous Reporting

                                                                            
  Group 1 - 30 Year Fixed
               CPR                                                                       13.651850%
               Subordinate %                                                              2.960917%
               Subordinate Prepayment %                                                   0.000000%
               Senior Prepayment %                                                      100.000000%
               Senior %                                                                  97.039083%
  Group 2 - 15 Year Fixed
               CPR                                                                        7.453117%
               Subordinate &                                                              1.453287%
               Subordinate Prepayment %                                                   0.000000%
               Senoir Prepayment %                                                      100.000000%
               Senior %                                                                  98.546713%