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 ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-10 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-17 54-2135813
Pooling and Servicing Agreement) (Commission 54-2135814
(State or other File Number) IRS EIN
jurisdiction
of Incorporation)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
ITEM 5. Other Events
On July 26, 2004 a distribution was made to holders of BANC OF AMERICA
ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-10
Trust.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Mortgage Pass-Through Certificates,
Series 2003-10 Trust, relating to the
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 ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-10 Trust
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Assistant Vice President
By: Beth Belfield as Assistant Vice President
Date: 7/28/04
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2003-10 Trust,
relating to the July 26, 2004 distribution.
EX-99.1
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 6/30/04
Distribution Date: 7/26/04
BAA Series: 2003-10
Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 815-6600
Fax: (301) 815-6660
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<s> <c> <c> <c> <c> <c> <c>
1-A-1 05948KGY9 SEN 5.50000% 58,996,073.00 270,398.68 237,113.87
1-A-R 05948KGZ6 SEN 5.50000% 0.00 0.00 0.00
1-A-LR 05948KHA0 SEN 5.50000% 0.00 0.00 0.00
2-A-1 05948KHB8 SEN 6.00000% 32,486,020.65 162,430.11 367,216.73
2-A-2 05948KHC6 SEN 1.75000% 58,137,318.56 84,783.59 724,449.06
2-A-3 05948KHD4 SEN 16.20000% 24,223,883.93 327,022.45 301,853.79
2-A-4 05948KHE2 SEN 6.00000% 5,845,563.45 29,227.82 (29,227.82)
3-A-1 05948KHF9 SEN 5.50000% 78,323,981.05 358,984.94 1,279,470.44
CB-IO 05948KHG7 IO 0.40854% 0.00 61,223.76 0.00
4-A-1 05948KHH5 SEN 5.50000% 22,286,265.20 102,145.39 32,506.30
4-A-2 05948KHJ1 SEN 5.50000% 2,341,000.00 10,729.58 0.00
4-A-3 05948KHK8 SEN 5.50000% 2,341,000.00 10,729.58 0.00
4-IO 05948KHL6 IO 0.53570% 0.00 9,712.98 0.00
5-A-1 05948KHM4 SEN 4.50000% 67,368,892.83 252,633.43 1,225,459.49
5-A-2 05948KHN2 SEN 4.50000% 1,241,549.22 4,655.81 22,584.14
6-A-1 05948KHP7 SEN 5.25000% 1,525,625.41 6,674.61 17,512.06
6-A-2 05948KHQ5 SEN 5.50000% 41,690,134.11 191,079.84 478,544.86
6-A-3 05948KHR3 SEN 5.00000% 41,690,134.11 173,708.95 478,544.86
15-IO 05948KHS1 IO 0.38646% 0.00 33,418.37 0.00
PO 05948KHT9 PO 0.00000% 5,170,531.10 0.00 31,951.94
15-B-1 05948KHX0 SUB 4.91823% 1,899,080.56 7,783.43 7,868.91
15-B-2 05948KHY8 SUB 4.91823% 578,572.93 2,371.30 2,397.34
15-B-3 05948KHZ5 SUB 4.91823% 577,600.54 2,367.31 2,393.31
15-B-4 05948KJE0 SUB 4.91823% 247,959.83 1,016.27 1,027.43
15-B-5 05948KJF7 SUB 4.91823% 165,306.55 677.51 684.95
15-B-6 05948KJG5 SUB 4.91823% 247,890.81 1,015.99 1,027.14
30-B-1 05948KHU6 SUB 5.71029% 7,692,193.33 36,603.88 8,349.92
30-B-2 05948KHV4 SUB 5.71029% 3,344,302.41 15,914.11 3,630.26
30-B-3 05948KHW2 SUB 5.71029% 1,672,647.54 7,959.42 1,815.67
30-B-4 05948KJB6 SUB 5.71029% 1,671,654.87 7,954.69 1,814.59
30-B-5 05948KJC4 SUB 5.71029% 1,170,356.94 5,569.23 1,270.43
30-B-6 05948KJD2 SUB 5.71029% 1,338,139.91 6,367.64 1,452.54
SES 05948KJA8 SEN 0.00000% 0.00 80,740.38 0.00
Totals 464,273,678.84 2,265,901.05 5,201,712.21
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-A-1 0.00 58,758,959.13 507,512.55 0.00
1-A-R 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.00 0.00
2-A-1 0.00 32,118,803.92 529,646.84 0.00
2-A-2 0.00 57,412,869.51 809,232.65 0.00
2-A-3 0.00 23,922,030.15 628,876.24 0.00
2-A-4 0.00 5,874,791.27 0.00 0.00
3-A-1 0.00 77,044,510.61 1,638,455.38 0.00
CB-IO 0.00 0.00 61,223.76 0.00
4-A-1 0.00 22,253,758.90 134,651.69 0.00
4-A-2 0.00 2,341,000.00 10,729.58 0.00
4-A-3 0.00 2,341,000.00 10,729.58 0.00
4-IO 0.00 0.00 9,712.98 0.00
5-A-1 0.00 66,143,433.34 1,478,092.92 0.00
5-A-2 0.00 1,218,965.08 27,239.95 0.00
6-A-1 0.00 1,508,113.35 24,186.67 0.00
6-A-2 0.00 41,211,589.25 669,624.70 0.00
6-A-3 0.00 41,211,589.25 652,253.81 0.00
15-IO 0.00 0.00 33,418.37 0.00
PO 0.00 5,138,579.16 31,951.94 0.00
15-B-1 0.00 1,891,211.65 15,652.34 0.00
15-B-2 0.00 576,175.59 4,768.64 0.00
15-B-3 0.00 575,207.23 4,760.62 0.00
15-B-4 0.00 246,932.40 2,043.70 0.00
15-B-5 0.00 164,621.60 1,362.46 0.00
15-B-6 0.00 246,863.67 2,043.13 0.00
30-B-1 0.00 7,683,843.41 44,953.80 0.00
30-B-2 0.00 3,340,672.14 19,544.37 0.00
30-B-3 0.00 1,670,831.87 9,775.09 0.00
30-B-4 0.00 1,669,840.28 9,769.28 0.00
30-B-5 0.00 1,169,086.51 6,839.66 0.00
30-B-6 0.00 1,336,687.36 7,820.18 0.00
SES 0.00 0.00 80,740.38 0.00
Totals 0.00 459,071,966.63 7,467,613.26 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<s> <c> <c> <c> <c> <c> <c>
1-A-1 61,876,000.00 58,996,073.00 72,169.04 164,944.83 0.00 0.00
1-A-R 50.00 0.00 0.00 0.00 0.00 0.00
1-A-LR 50.00 0.00 0.00 0.00 0.00 0.00
2-A-1 36,000,000.00 32,486,020.65 33,172.75 334,043.98 0.00 0.00
2-A-2 65,013,882.00 58,137,318.56 65,443.56 659,005.50 0.00 0.00
2-A-3 27,089,118.00 24,223,883.93 27,268.15 274,585.64 0.00 0.00
2-A-4 5,645,000.00 5,845,563.45 0.00 0.00 (29,227.82) 0.00
3-A-1 86,988,000.00 78,323,981.05 85,681.52 1,193,788.92 0.00 0.00
CB-IO 0.00 0.00 0.00 0.00 0.00 0.00
4-A-1 28,208,000.00 22,286,265.20 28,582.62 3,923.68 0.00 0.00
4-A-2 2,341,000.00 2,341,000.00 0.00 0.00 0.00 0.00
4-A-3 2,341,000.00 2,341,000.00 0.00 0.00 0.00 0.00
4-IO 0.00 0.00 0.00 0.00 0.00 0.00
5-A-1 71,463,000.00 67,368,892.83 291,416.45 934,043.04 0.00 0.00
5-A-2 1,317,000.00 1,241,549.22 5,370.55 17,213.59 0.00 0.00
6-A-1 1,655,000.00 1,525,625.41 6,101.05 11,411.01 0.00 0.00
6-A-2 45,225,500.00 41,690,134.11 166,720.77 311,824.08 0.00 0.00
6-A-3 45,225,500.00 41,690,134.11 166,720.77 311,824.08 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
PO 5,471,808.00 5,170,531.10 10,074.64 21,877.30 0.00 0.00
15-B-1 1,953,000.00 1,899,080.56 7,868.91 0.00 0.00 0.00
15-B-2 595,000.00 578,572.93 2,397.34 0.00 0.00 0.00
15-B-3 594,000.00 577,600.54 2,393.31 0.00 0.00 0.00
15-B-4 255,000.00 247,959.83 1,027.43 0.00 0.00 0.00
15-B-5 170,000.00 165,306.55 684.95 0.00 0.00 0.00
15-B-6 254,929.00 247,890.81 1,027.14 0.00 0.00 0.00
30-B-1 7,749,000.00 7,692,193.33 8,349.92 0.00 0.00 0.00
30-B-2 3,369,000.00 3,344,302.41 3,630.26 0.00 0.00 0.00
30-B-3 1,685,000.00 1,672,647.54 1,815.67 0.00 0.00 0.00
30-B-4 1,684,000.00 1,671,654.87 1,814.59 0.00 0.00 0.00
30-B-5 1,179,000.00 1,170,356.94 1,270.43 0.00 0.00 0.00
30-B-6 1,348,022.00 1,338,139.91 1,452.54 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 506,695,859.00 464,273,678.84 992,454.36 4,238,485.65 (29,227.82) 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-1 237,113.87 58,758,959.13 0.94962440 237,113.87
1-A-R 0.00 0.00 0.00000000 0.00
1-A-LR 0.00 0.00 0.00000000 0.00
2-A-1 367,216.73 32,118,803.92 0.89218900 367,216.73
2-A-2 724,449.06 57,412,869.51 0.88308632 724,449.06
2-A-3 301,853.79 23,922,030.15 0.88308634 301,853.79
2-A-4 (29,227.82) 5,874,791.27 1.04070705 (29,227.82)
3-A-1 1,279,470.44 77,044,510.61 0.88569125 1,279,470.44
CB-IO 0.00 0.00 0.00000000 0.00
4-A-1 32,506.30 22,253,758.90 0.78891658 32,506.30
4-A-2 0.00 2,341,000.00 1.00000000 0.00
4-A-3 0.00 2,341,000.00 1.00000000 0.00
4-IO 0.00 0.00 0.00000000 0.00
5-A-1 1,225,459.49 66,143,433.34 0.92556195 1,225,459.49
5-A-2 22,584.14 1,218,965.08 0.92556194 22,584.14
6-A-1 17,512.06 1,508,113.35 0.91124674 17,512.06
6-A-2 478,544.86 41,211,589.25 0.91124674 478,544.86
6-A-3 478,544.86 41,211,589.25 0.91124674 478,544.86
15-IO 0.00 0.00 0.00000000 0.00
PO 31,951.94 5,138,579.16 0.93910078 31,951.94
15-B-1 7,868.91 1,891,211.65 0.96836234 7,868.91
15-B-2 2,397.34 576,175.59 0.96836234 2,397.34
15-B-3 2,393.31 575,207.23 0.96836234 2,393.31
15-B-4 1,027.43 246,932.40 0.96836235 1,027.43
15-B-5 684.95 164,621.60 0.96836235 684.95
15-B-6 1,027.14 246,863.67 0.96836245 1,027.14
30-B-1 8,349.92 7,683,843.41 0.99159161 8,349.92
30-B-2 3,630.26 3,340,672.14 0.99159161 3,630.26
30-B-3 1,815.67 1,670,831.87 0.99159161 1,815.67
30-B-4 1,814.59 1,669,840.28 0.99159162 1,814.59
30-B-5 1,270.43 1,169,086.51 0.99159161 1,270.43
30-B-6 1,452.54 1,336,687.36 0.99159165 1,452.54
SES 0.00 0.00 0.00000000 0.00
Totals 5,201,712.21 459,071,966.63 0.90601089 5,201,712.21
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<s> <c> <c> <c> <c> <c>
1-A-1 61,876,000.00 953.45647747 1.16634947 2.66573195 0.00000000
1-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 36,000,000.00 902.38946250 0.92146528 9.27899944 0.00000000
2-A-2 65,013,882.00 894.22930567 1.00660902 10.13638133 0.00000000
2-A-3 27,089,118.00 894.22933334 1.00660900 10.13638170 0.00000000
2-A-4 5,645,000.00 1035.52939770 0.00000000 0.00000000 (5.17764748)
3-A-1 86,988,000.00 900.39983733 0.98498092 13.72360464 0.00000000
CB-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 28,208,000.00 790.06895916 1.01328063 0.13909813 0.00000000
4-A-2 2,341,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
4-A-3 2,341,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
4-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
5-A-1 71,463,000.00 942.71011335 4.07786477 13.07030267 0.00000000
5-A-2 1,317,000.00 942.71011390 4.07786636 13.07030372 0.00000000
6-A-1 1,655,000.00 921.82804230 3.68643505 6.89487009 0.00000000
6-A-2 45,225,500.00 921.82804192 3.68643288 6.89487303 0.00000000
6-A-3 45,225,500.00 921.82804192 3.68643288 6.89487303 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 5,471,808.00 944.94015506 1.84119033 3.99818488 0.00000000
15-B-1 1,953,000.00 972.39147977 4.02913978 0.00000000 0.00000000
15-B-2 595,000.00 972.39147899 4.02914286 0.00000000 0.00000000
15-B-3 594,000.00 972.39148148 4.02914141 0.00000000 0.00000000
15-B-4 255,000.00 972.39149020 4.02913725 0.00000000 0.00000000
15-B-5 170,000.00 972.39147059 4.02911765 0.00000000 0.00000000
15-B-6 254,929.00 972.39156785 4.02912183 0.00000000 0.00000000
30-B-1 7,749,000.00 992.66916118 1.07754807 0.00000000 0.00000000
30-B-2 3,369,000.00 992.66916296 1.07754823 0.00000000 0.00000000
30-B-3 1,685,000.00 992.66916320 1.07754896 0.00000000 0.00000000
30-B-4 1,684,000.00 992.66916271 1.07754751 0.00000000 0.00000000
30-B-5 1,179,000.00 992.66916031 1.07754877 0.00000000 0.00000000
30-B-6 1,348,022.00 992.66919234 1.07753434 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 3.83208142 949.62439605 0.94962440 3.83208142
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 10.20046472 892.18899778 0.89218900 10.20046472
2-A-2 0.00000000 11.14299035 883.08631547 0.88308632 11.14299035
2-A-3 0.00000000 11.14299070 883.08634301 0.88308634 11.14299070
2-A-4 0.00000000 (5.17764748) 1,040.70704517 1.04070705 (5.17764748)
3-A-1 0.00000000 14.70858555 885.69125178 0.88569125 14.70858555
CB-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 0.00000000 1.15237876 788.91658040 0.78891658 1.15237876
4-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
4-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
4-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
5-A-1 0.00000000 17.14816744 925.56194590 0.92556195 17.14816744
5-A-2 0.00000000 17.14817008 925.56194381 0.92556194 17.14817008
6-A-1 0.00000000 10.58130514 911.24673716 0.91124674 10.58130514
6-A-2 0.00000000 10.58130612 911.24673580 0.91124674 10.58130612
6-A-3 0.00000000 10.58130612 911.24673580 0.91124674 10.58130612
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 5.83937521 939.10077985 0.93910078 5.83937521
15-B-1 0.00000000 4.02913978 968.36233999 0.96836234 4.02913978
15-B-2 0.00000000 4.02914286 968.36233613 0.96836234 4.02914286
15-B-3 0.00000000 4.02914141 968.36234007 0.96836234 4.02914141
15-B-4 0.00000000 4.02913725 968.36235294 0.96836235 4.02913725
15-B-5 0.00000000 4.02911765 968.36235294 0.96836235 4.02911765
15-B-6 0.00000000 4.02912183 968.36244601 0.96836245 4.02912183
30-B-1 0.00000000 1.07754807 991.59161311 0.99159161 1.07754807
30-B-2 0.00000000 1.07754823 991.59161175 0.99159161 1.07754823
30-B-3 0.00000000 1.07754896 991.59161424 0.99159161 1.07754896
30-B-4 0.00000000 1.07754751 991.59161520 0.99159162 1.07754751
30-B-5 0.00000000 1.07754877 991.59161154 0.99159161 1.07754877
30-B-6 0.00000000 1.07753434 991.59165058 0.99159165 1.07753434
SES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
1-A-1 61,876,000.00 5.50000% 58,996,073.00 270,398.67 0.00 0.00
1-A-R 50.00 5.50000% 0.00 0.00 0.00 0.00
1-A-LR 50.00 5.50000% 0.00 0.00 0.00 0.00
2-A-1 36,000,000.00 6.00000% 32,486,020.65 162,430.10 0.00 0.00
2-A-2 65,013,882.00 1.75000% 58,137,318.56 84,783.59 0.00 0.00
2-A-3 27,089,118.00 16.20000% 24,223,883.93 327,022.43 0.00 0.00
2-A-4 5,645,000.00 6.00000% 5,845,563.45 29,227.82 0.00 0.00
3-A-1 86,988,000.00 5.50000% 78,323,981.05 358,984.91 0.00 0.00
CB-IO 0.00 0.40854% 179,831,600.65 61,223.76 0.00 0.00
4-A-1 28,208,000.00 5.50000% 22,286,265.20 102,145.38 0.00 0.00
4-A-2 2,341,000.00 5.50000% 2,341,000.00 10,729.58 0.00 0.00
4-A-3 2,341,000.00 5.50000% 2,341,000.00 10,729.58 0.00 0.00
4-IO 0.00 0.53570% 21,757,620.29 9,712.98 0.00 0.00
5-A-1 71,463,000.00 4.50000% 67,368,892.83 252,633.35 0.00 0.00
5-A-2 1,317,000.00 4.50000% 1,241,549.22 4,655.81 0.00 0.00
6-A-1 1,655,000.00 5.25000% 1,525,625.41 6,674.61 0.00 0.00
6-A-2 45,225,500.00 5.50000% 41,690,134.11 191,079.78 0.00 0.00
6-A-3 45,225,500.00 5.00000% 41,690,134.11 173,708.89 0.00 0.00
15-IO 0.00 0.38646% 103,768,347.92 33,418.36 0.00 0.00
PO 5,471,808.00 0.00000% 5,170,531.10 0.00 0.00 0.00
15-B-1 1,953,000.00 4.91823% 1,899,080.56 7,783.43 0.00 0.00
15-B-2 595,000.00 4.91823% 578,572.93 2,371.30 0.00 0.00
15-B-3 594,000.00 4.91823% 577,600.54 2,367.31 0.00 0.00
15-B-4 255,000.00 4.91823% 247,959.83 1,016.27 0.00 0.00
15-B-5 170,000.00 4.91823% 165,306.55 677.51 0.00 0.00
15-B-6 254,929.00 4.91823% 247,890.81 1,015.99 0.00 0.00
30-B-1 7,749,000.00 5.71029% 7,692,193.33 36,603.87 0.00 0.00
30-B-2 3,369,000.00 5.71029% 3,344,302.41 15,914.11 0.00 0.00
30-B-3 1,685,000.00 5.71029% 1,672,647.54 7,959.42 0.00 0.00
30-B-4 1,684,000.00 5.71029% 1,671,654.87 7,954.69 0.00 0.00
30-B-5 1,179,000.00 5.71029% 1,170,356.94 5,569.23 0.00 0.00
30-B-6 1,348,022.00 5.71029% 1,338,139.91 6,367.64 0.00 0.00
SES 0.00 0.00000% 464,273,679.16 0.00 0.00 0.00
Totals 506,695,859.00 2,185,160.37 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 (0.02) 0.00 270,398.68 0.00 58,758,959.13
1-A-R 0.00 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.00 0.00 0.00
2-A-1 (0.01) 0.00 162,430.11 0.00 32,118,803.92
2-A-2 (0.01) 0.00 84,783.59 0.00 57,412,869.51
2-A-3 (0.02) 0.00 327,022.45 0.00 23,922,030.15
2-A-4 0.00 0.00 29,227.82 0.00 5,874,791.27
3-A-1 (0.02) 0.00 358,984.94 0.00 77,044,510.61
CB-IO 0.00 0.00 61,223.76 0.00 177,181,219.07
4-A-1 (0.01) 0.00 102,145.39 0.00 22,253,758.90
4-A-2 0.00 0.00 10,729.58 0.00 2,341,000.00
4-A-3 0.00 0.00 10,729.58 0.00 2,341,000.00
4-IO 0.00 0.00 9,712.98 0.00 21,732,287.07
5-A-1 (0.08) 0.00 252,633.43 0.00 66,143,433.34
5-A-2 0.00 0.00 4,655.81 0.00 1,218,965.08
6-A-1 0.00 0.00 6,674.61 0.00 1,508,113.35
6-A-2 (0.06) 0.00 191,079.84 0.00 41,211,589.25
6-A-3 (0.05) 0.00 173,708.95 0.00 41,211,589.25
15-IO (0.01) 0.00 33,418.37 0.00 102,147,824.83
PO 0.00 0.00 0.00 0.00 5,138,579.16
15-B-1 0.00 0.00 7,783.43 0.00 1,891,211.65
15-B-2 0.00 0.00 2,371.30 0.00 576,175.59
15-B-3 0.00 0.00 2,367.31 0.00 575,207.23
15-B-4 0.00 0.00 1,016.27 0.00 246,932.40
15-B-5 0.00 0.00 677.51 0.00 164,621.60
15-B-6 0.00 0.00 1,015.99 0.00 246,863.67
30-B-1 0.00 0.00 36,603.88 0.00 7,683,843.41
30-B-2 0.00 0.00 15,914.11 0.00 3,340,672.14
30-B-3 0.00 0.00 7,959.42 0.00 1,670,831.87
30-B-4 0.00 0.00 7,954.69 0.00 1,669,840.28
30-B-5 0.00 0.00 5,569.23 0.00 1,169,086.51
30-B-6 0.00 0.00 6,367.64 0.00 1,336,687.36
SES 0.00 0.00 80,740.38 0.00 459,071,966.94
Totals (0.29) 0.00 2,265,901.05 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
1-A-1 61,876,000.00 5.50000% 953.45647747 4.37000889 0.00000000 0.00000000
1-A-R 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 36,000,000.00 6.00000% 902.38946250 4.51194722 0.00000000 0.00000000
2-A-2 65,013,882.00 1.75000% 894.22930567 1.30408441 0.00000000 0.00000000
2-A-3 27,089,118.00 16.20000% 894.22933334 12.07209589 0.00000000 0.00000000
2-A-4 5,645,000.00 6.00000% 1035.52939770 5.17764748 0.00000000 0.00000000
3-A-1 86,988,000.00 5.50000% 900.39983733 4.12683255 0.00000000 0.00000000
CB-IO 0.00 0.40854% 899.28864484 0.30616328 0.00000000 0.00000000
4-A-1 28,208,000.00 5.50000% 790.06895916 3.62114932 0.00000000 0.00000000
4-A-2 2,341,000.00 5.50000% 1000.00000000 4.58333191 0.00000000 0.00000000
4-A-3 2,341,000.00 5.50000% 1000.00000000 4.58333191 0.00000000 0.00000000
4-IO 0.00 0.53570% 798.26471034 0.35635925 0.00000000 0.00000000
5-A-1 71,463,000.00 4.50000% 942.71011335 3.53516295 0.00000000 0.00000000
5-A-2 1,317,000.00 4.50000% 942.71011390 3.53516325 0.00000000 0.00000000
6-A-1 1,655,000.00 5.25000% 921.82804230 4.03299698 0.00000000 0.00000000
6-A-2 45,225,500.00 5.50000% 921.82804192 4.22504516 0.00000000 0.00000000
6-A-3 45,225,500.00 5.00000% 921.82804192 3.84095013 0.00000000 0.00000000
15-IO 0.00 0.38646% 926.25917235 0.29829966 0.00000000 0.00000000
PO 5,471,808.00 0.00000% 944.94015506 0.00000000 0.00000000 0.00000000
15-B-1 1,953,000.00 4.91823% 972.39147977 3.98537122 0.00000000 0.00000000
15-B-2 595,000.00 4.91823% 972.39147899 3.98537815 0.00000000 0.00000000
15-B-3 594,000.00 4.91823% 972.39148148 3.98537037 0.00000000 0.00000000
15-B-4 255,000.00 4.91823% 972.39149020 3.98537255 0.00000000 0.00000000
15-B-5 170,000.00 4.91823% 972.39147059 3.98535294 0.00000000 0.00000000
15-B-6 254,929.00 4.91823% 972.39156785 3.98538417 0.00000000 0.00000000
30-B-1 7,749,000.00 5.71029% 992.66916118 4.72368951 0.00000000 0.00000000
30-B-2 3,369,000.00 5.71029% 992.66916296 4.72368952 0.00000000 0.00000000
30-B-3 1,685,000.00 5.71029% 992.66916320 4.72369139 0.00000000 0.00000000
30-B-4 1,684,000.00 5.71029% 992.66916271 4.72368765 0.00000000 0.00000000
30-B-5 1,179,000.00 5.71029% 992.66916031 4.72368957 0.00000000 0.00000000
30-B-6 1,348,022.00 5.71029% 992.66919234 4.72369145 0.00000000 0.00000000
SES 0.00 0.00000% 916.27683523 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 (0.00000032) 0.00000000 4.37000905 0.00000000 949.62439605
1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 (0.00000028) 0.00000000 4.51194750 0.00000000 892.18899778
2-A-2 (0.00000015) 0.00000000 1.30408441 0.00000000 883.08631547
2-A-3 (0.00000074) 0.00000000 12.07209663 0.00000000 883.08634301
2-A-4 0.00000000 0.00000000 5.17764748 0.00000000 1040.70704517
3-A-1 (0.00000023) 0.00000000 4.12683290 0.00000000 885.69125178
CB-IO 0.00000000 0.00000000 0.30616328 0.00000000 886.03481153
4-A-1 (0.00000035) 0.00000000 3.62114967 0.00000000 788.91658040
4-A-2 0.00000000 0.00000000 4.58333191 0.00000000 1000.00000000
4-A-3 0.00000000 0.00000000 4.58333191 0.00000000 1000.00000000
4-IO 0.00000000 0.00000000 0.35635925 0.00000000 797.33526056
5-A-1 (0.00000112) 0.00000000 3.53516407 0.00000000 925.56194590
5-A-2 0.00000000 0.00000000 3.53516325 0.00000000 925.56194381
6-A-1 0.00000000 0.00000000 4.03299698 0.00000000 911.24673716
6-A-2 (0.00000133) 0.00000000 4.22504649 0.00000000 911.24673580
6-A-3 (0.00000111) 0.00000000 3.84095145 0.00000000 911.24673580
15-IO (0.00000009) 0.00000000 0.29829975 0.00000000 911.79402565
PO 0.00000000 0.00000000 0.00000000 0.00000000 939.10077985
15-B-1 0.00000000 0.00000000 3.98537122 0.00000000 968.36233999
15-B-2 0.00000000 0.00000000 3.98537815 0.00000000 968.36233613
15-B-3 0.00000000 0.00000000 3.98537037 0.00000000 968.36234007
15-B-4 0.00000000 0.00000000 3.98537255 0.00000000 968.36235294
15-B-5 0.00000000 0.00000000 3.98535294 0.00000000 968.36235294
15-B-6 0.00000000 0.00000000 3.98538417 0.00000000 968.36244601
30-B-1 0.00000000 0.00000000 4.72369080 0.00000000 991.59161311
30-B-2 0.00000000 0.00000000 4.72368952 0.00000000 991.59161175
30-B-3 0.00000000 0.00000000 4.72369139 0.00000000 991.59161424
30-B-4 0.00000000 0.00000000 4.72368765 0.00000000 991.59161520
30-B-5 0.00000000 0.00000000 4.72368957 0.00000000 991.59161154
30-B-6 0.00000000 0.00000000 4.72369145 0.00000000 991.59165058
SES 0.00000000 0.00000000 0.15934683 0.00000000 906.01088946
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<s> <c> <c> <c> <c> <c> <c>
1-IO 0.15559% 30,822,880.02 30,719,600.59 0.00 0.00 95.84819912%
2-IO 0.36788% 90,073,022.35 88,776,278.42 0.00 0.00 87.45111029%
3-IO 0.60297% 58,935,698.28 57,685,340.06 0.00 0.00 86.86850338%
4-IO 0.53570% 21,757,620.29 21,732,287.07 0.00 0.00 79.73352606%
5-IO 0.30822% 48,136,564.34 47,173,650.39 0.00 0.00 92.14968966%
6-IO 0.45415% 55,631,783.58 54,974,174.44 0.00 0.00 90.36293772%
1-PO 0.00000% 0.00 0.00 1,687,947.81 1,680,125.05 94.44189277%
2-PO 0.00000% 0.00 0.00 697,622.40 695,469.74 97.47653594%
3-PO 0.00000% 0.00 0.00 1,558,873.74 1,556,587.45 94.43856651%
4-PO 0.00000% 0.00 0.00 191,336.14 191,082.33 86.52484367%
5-PO 0.00000% 0.00 0.00 699,994.53 682,632.60 89.67553614%
6-PO 0.00000% 0.00 0.00 334,756.48 332,681.99 95.32162116%
1-SES 0.00000% 64,041,650.57 63,792,606.60 0.00 0.00 95.15481705%
2-SES 0.00000% 128,493,683.01 127,119,985.16 0.00 0.00 89.76520586%
3-SES 0.00000% 84,562,432.38 83,275,556.49 0.00 0.00 89.20713444%
4-SES 0.00000% 28,908,414.83 28,873,801.22 0.00 0.00 82.79895089%
5-SES 0.00000% 70,954,426.48 69,681,909.55 0.00 0.00 92.62009853%
6-SES 0.00000% 87,313,071.89 86,328,107.92 0.00 0.00 91.27131534%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 7,488,699.06
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 7,488,699.06
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 21,085.80
Payment of Interest and Principal 7,467,613.26
Total Withdrawals (Pool Distribution Amount) 7,488,699.06
Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<s> <c>
Total Prepayment/Curtailment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES
<s> <c>
Gross Servicing Fee 19,344.74
Trustee Fee - Wells Fargo Bank, N.A. 1,741.06
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 21,085.80
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 4 1 0 5
488,476.06 117,420.19 0.00 605,896.25
30 Days 28 0 0 0 28
3,232,242.11 0.00 0.00 0.00 3,232,242.11
60 Days 3 0 0 0 3
342,805.35 0.00 0.00 0.00 342,805.35
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 1 0 1
0.00 0.00 108,425.48 0.00 108,425.48
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 31 4 2 0 37
3,575,047.46 488,476.06 225,845.67 0.00 4,289,369.19
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 0.104603% 0.026151% 0.000000% 0.130753%
0.106209% 0.025531% 0.000000% 0.131740%
30 Days 0.732218% 0.000000% 0.000000% 0.000000% 0.732218%
0.702787% 0.000000% 0.000000% 0.000000% 0.702787%
60 Days 0.078452% 0.000000% 0.000000% 0.000000% 0.078452%
0.074536% 0.000000% 0.000000% 0.000000% 0.074536%
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% 0.026151% 0.000000% 0.026151%
0.000000% 0.000000% 0.023575% 0.000000% 0.023575%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.810669% 0.104603% 0.052301% 0.000000% 0.967573%
0.777324% 0.106209% 0.049106% 0.000000% 0.932639%
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 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 3 0 0 0 3
319,192.53 0.00 0.00 0.00 319,192.53
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 3 0 0 0 3
319,192.53 0.00 0.00 0.00 319,192.53
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.598802% 0.000000% 0.000000% 0.000000% 0.598802%
0.499812% 0.000000% 0.000000% 0.000000% 0.499812%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.598802% 0.000000% 0.000000% 0.000000% 0.598802%
0.499812% 0.000000% 0.000000% 0.000000% 0.499812%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
2 - 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 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 7 0 0 0 7
875,994.16 0.00 0.00 0.00 875,994.16
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 7 0 0 0 7
875,994.16 0.00 0.00 0.00 875,994.16
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.654206% 0.000000% 0.000000% 0.000000% 0.654206%
0.688500% 0.000000% 0.000000% 0.000000% 0.688500%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.654206% 0.000000% 0.000000% 0.000000% 0.654206%
0.688500% 0.000000% 0.000000% 0.000000% 0.688500%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
3 - 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 2 1 0 3
305,893.85 117,420.19 0.00 423,314.04
30 Days 11 0 0 0 11
1,566,896.25 0.00 0.00 0.00 1,566,896.25
60 Days 1 0 0 0 1
281,777.15 0.00 0.00 0.00 281,777.15
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 1 0 1
0.00 0.00 108,425.48 0.00 108,425.48
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 12 2 2 0 16
1,848,673.40 305,893.85 225,845.67 0.00 2,380,412.92
0-29 Days 0.336134% 0.168067% 0.000000% 0.504202%
0.366986% 0.140871% 0.000000% 0.507857%
30 Days 1.848739% 0.000000% 0.000000% 0.000000% 1.848739%
1.879831% 0.000000% 0.000000% 0.000000% 1.879831%
60 Days 0.168067% 0.000000% 0.000000% 0.000000% 0.168067%
0.338053% 0.000000% 0.000000% 0.000000% 0.338053%
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% 0.168067% 0.000000% 0.168067%
0.000000% 0.000000% 0.130080% 0.000000% 0.130080%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 2.016807% 0.336134% 0.336134% 0.000000% 2.689076%
2.217884% 0.366986% 0.270951% 0.000000% 2.855820%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
4 - 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 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
5 - 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 2 0 0 2
182,582.21 0.00 0.00 182,582.21
30 Days 5 0 0 0 5
266,491.26 0.00 0.00 0.00 266,491.26
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 5 2 0 0 7
266,491.26 182,582.21 0.00 0.00 449,073.47
0-29 Days 0.317460% 0.000000% 0.000000% 0.317460%
0.261042% 0.000000% 0.000000% 0.261042%
30 Days 0.793651% 0.000000% 0.000000% 0.000000% 0.793651%
0.381009% 0.000000% 0.000000% 0.000000% 0.381009%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.793651% 0.317460% 0.000000% 0.000000% 1.111111%
0.381009% 0.261042% 0.000000% 0.000000% 0.642052%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
6 - 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
203,667.91 0.00 0.00 0.00 203,667.91
60 Days 2 0 0 0 2
61,028.20 0.00 0.00 0.00 61,028.20
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 4 0 0 0 4
264,696.11 0.00 0.00 0.00 264,696.11
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.206398% 0.000000% 0.000000% 0.000000% 0.206398%
0.235110% 0.000000% 0.000000% 0.000000% 0.235110%
60 Days 0.206398% 0.000000% 0.000000% 0.000000% 0.206398%
0.070450% 0.000000% 0.000000% 0.000000% 0.070450%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.412797% 0.000000% 0.000000% 0.000000% 0.412797%
0.305560% 0.000000% 0.000000% 0.000000% 0.305560%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 23,892.91
COLLATERAL STATEMENT
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 5.902446%
Weighted Average Pass-Through Rate 5.647946%
Weighted Average Maturity(Stepdown Calculation ) 285
Beginning Scheduled Collateral Loan Count 3,861
Number Of Loans Paid In Full 37
Ending Scheduled Collateral Loan Count 3,824
Beginning Scheduled Collateral Balance 464,273,679.16
Ending Scheduled Collateral Balance 459,071,966.94
Ending Actual Collateral Balance at 30-Jun-2004 459,917,491.82
Monthly P &I Constant 3,273,439.42
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Class A Non-PO Optimal Amount 7,193,635.41
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 459,071,966.94
Scheduled Principal 989,814.06
Unscheduled Principal 4,211,898.16
Group Level Collateral Statement
Group 1 - 30 Year Fixed 2 - 30 Year Fixed 3 - 30 Year Fixed
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 5.684421 6.479809 6.073348
Weighted Average Net Rate 5.434421 6.229809 5.823348
Weighted Average Maturity 340 346 345
Beginning Loan Count 504 1,083 603
Loans Paid In Full 3 13 8
Ending Loan Count 501 1,070 595
Beginning Scheduled Balance 64,041,650.57 128,493,683.01 84,562,432.38
Ending scheduled Balance 63,792,606.60 127,119,985.16 83,275,556.49
Record Date 06/30/2004 06/30/2004 06/30/2004
Principal And Interest Constant 381,993.17 825,124.02 520,952.87
Scheduled Principal 78,626.77 131,278.60 92,971.95
Unscheduled Principal 170,417.20 1,242,419.25 1,193,903.94
Scheduled Interest 303,366.40 693,845.42 427,980.92
Servicing Fees 13,342.00 26,769.53 17,617.16
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 240.15 481.86 317.12
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 289,784.25 666,594.03 410,046.64
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 5.429921 6.225309 5.818848
Group Level Collateral Statement
Group 4 - 30 Year Fixed 5 - 15 Year Fixed 6 - 15 Year Fixed
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 6.121286 4.919209 5.773738
Weighted Average Net Rate 5.871286 4.669209 5.523737
Weighted Average Maturity 348 165 167
Beginning Loan Count 59 634 978
Loans Paid In Full 0 4 9
Ending Loan Count 59 630 969
Beginning Scheduled Balance 28,908,414.83 70,954,426.48 87,313,071.89
Ending scheduled Balance 28,873,801.22 69,681,909.55 86,328,107.92
Record Date 06/30/2004 06/30/2004 06/30/2004
Principal And Interest Constant 178,120.89 597,971.53 769,276.94
Scheduled Principal 30,656.99 307,105.13 349,174.62
Unscheduled Principal 3,956.62 965,411.80 635,789.35
Scheduled Interest 147,463.90 290,866.40 420,102.32
Servicing Fees 6,022.60 14,782.18 18,190.25
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 108.41 266.08 327.44
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 141,332.89 275,818.14 401,584.63
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 5.866786 4.664709 5.519238
Group Level Collateral Statement
Group Total
Collateral Description Mixed Fixed
Weighted Average Coupon Rate 5.902446
Weighted Average Net Rate 5.652446
Weighted Average Maturity 285.00
Record Date 06/30/2004
Principal And Interest Constant 3,273,439.42
Beginning Loan Count 3,861
Loans Paid In Full 37
Ending Loan Count 3,824
Beginning Scheduled Balance 464,273,679.16
Ending Scheduled Balance 459,071,966.94
Scheduled Principal 989,814.06
Unscheduled Principal 4,211,898.16
Scheduled Interest 2,283,625.36
Servicing Fee 96,723.72
Master Servicing Fee 0.00
Trustee Fee 1,741.06
Fry Amount 0.00
Special Hazard Fee 0.00
Other Fee 0.00
Pool Insurance Fee 0.00
Spread 1 0.00
Spread 2 0.00
Spread 3 0.00
Net Interest 2,185,160.58
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Percentage of Cumulative Losses 0.0000
Prepayment Penalties 0.00
Special Servicing Fee 0.00
Pass-Through Rate 5.647946
Miscellaneous Reporting
Group 1 - 30 Year Fixed
CPR 3.150733%
Subordinate % 5.384812%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.615188%
Group 2 - 30 Year Fixed
CPR 11.016009%
Subordinate % 5.558288%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.441712%
Group 3 - 30 Year Fixed
CPR 15.702658%
Subordinate % 5.637803%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.362197%
Miscellaneous Reporting
Group 4 - 30 Year Fixed
CPR 0.164291%
Subordinate % 6.089802%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 93.910198%
Group 5 - 15 Year Fixed
CPR 15.220252%
Subordinate % 2.340050%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.659950%
Group 6 - 15 Year Fixed
CPR 8.428835%
Subordinate % 2.382688%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.617312%