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 2003-6 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-05 54-2121750
Pooling and Servicing Agreement) (Commission IRS EIN
(State or other File Number)
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 2003-6
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 ALTERNATIVE LOAN TRUST
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: 7/27/04
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 Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 6/30/04
Distribution Date: 7/26/04
BAA 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>
CB-1 05948KDH9 SEN 5.50000% 284,992,580.71 1,306,215.97 5,850,541.80
CB-WIO 05948KDK2 SEN 0.39022% 0.00 76,741.09 0.00
CB-R 05948KDJ5 SEN 5.50000% 0.00 0.00 0.00
NC-1 05948KDL0 SEN 5.00000% 33,417,829.02 139,240.95 1,039,595.74
NC-2 05948KDM8 SEN 8.00000% 6,683,565.80 44,557.10 207,919.15
NC-3 05948KDN6 SEN 5.50000% 2,000,000.00 9,166.67 0.00
NC-4 05948KDP1 SEN 5.50000% 2,000,000.00 9,166.67 0.00
NC-5 05948KDQ9 SEN 5.50000% 2,000,000.00 9,166.67 0.00
NC-WIO 05948KDR7 SEN 0.31733% 0.00 11,632.75 0.00
2-A-1 05948KDZ9 SEN 4.75000% 87,266,238.96 345,428.87 1,349,554.43
2-A-WIO 05948KEA3 SEN 0.55896% 0.00 35,103.08 0.00
A-PO 05948KDS5 STP 0.00000% 2,022,592.14 0.00 15,348.94
1-B-1 05948KDT3 SUB 5.50000% 8,511,289.67 39,010.08 9,317.21
1-B-2 05948KDU0 SUB 5.50000% 3,959,084.22 18,145.80 4,333.96
1-B-3 05948KDV8 SUB 5.50000% 1,978,059.31 9,066.11 2,165.36
1-B-4 05948KEB1 SUB 5.50000% 1,980,036.38 9,075.17 2,167.52
1-B-5 05948KEC9 SUB 5.50000% 1,384,938.08 6,347.63 1,516.08
1-B-6 05948KED7 SUB 5.50000% 1,584,806.09 7,263.69 1,734.87
2-B-1 05948KDW6 SUB 4.75000% 1,088,264.13 4,307.71 4,575.95
2-B-2 05948KDX4 SUB 4.75000% 346,483.39 1,371.50 1,456.90
2-B-3 05948KDY2 SUB 4.75000% 346,483.39 1,371.50 1,456.90
2-B-4 05948KEE5 SUB 4.75000% 197,170.11 780.47 829.06
2-B-5 05948KEF2 SUB 4.75000% 99,542.19 394.02 418.56
2-B-6 05948KEG0 SUB 4.75000% 148,603.09 588.22 624.85
SES 05948KEH8 SEN 0.00000% 0.00 78,642.57 0.00
Totals 442,007,566.68 2,162,784.29 8,493,557.28
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
CB-1 0.00 279,142,038.90 7,156,757.77 0.00
CB-WIO 0.00 0.00 76,741.09 0.00
CB-R 0.00 0.00 0.00 0.00
NC-1 0.00 32,378,233.27 1,178,836.69 0.00
NC-2 0.00 6,475,646.65 252,476.25 0.00
NC-3 0.00 2,000,000.00 9,166.67 0.00
NC-4 0.00 2,000,000.00 9,166.67 0.00
NC-5 0.00 2,000,000.00 9,166.67 0.00
NC-WIO 0.00 0.00 11,632.75 0.00
2-A-1 0.00 85,916,684.53 1,694,983.30 0.00
2-A-WIO 0.00 0.00 35,103.08 0.00
A-PO 0.00 2,007,243.20 15,348.94 0.00
1-B-1 0.00 8,501,972.47 48,327.29 0.00
1-B-2 0.00 3,954,750.26 22,479.76 0.00
1-B-3 0.00 1,975,893.95 11,231.47 0.00
1-B-4 0.00 1,977,868.86 11,242.69 0.00
1-B-5 0.00 1,383,422.00 7,863.71 0.00
1-B-6 0.00 1,583,071.22 8,998.56 0.00
2-B-1 0.00 1,083,688.18 8,883.66 0.00
2-B-2 0.00 345,026.49 2,828.40 0.00
2-B-3 0.00 345,026.49 2,828.40 0.00
2-B-4 0.00 196,341.04 1,609.53 0.00
2-B-5 0.00 99,123.63 812.58 0.00
2-B-6 0.00 147,978.24 1,213.07 0.00
SES 0.00 0.00 78,642.57 0.00
Totals 0.00 433,514,009.38 10,656,341.57 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>
CB-1 323,459,000.00 284,992,580.71 312,477.05 5,538,064.75 0.00 0.00
CB-WIO 0.00 0.00 0.00 0.00 0.00 0.00
CB-R 100.00 0.00 0.00 0.00 0.00 0.00
NC-1 41,307,500.00 33,417,829.02 41,662.36 997,933.38 0.00 0.00
NC-2 8,261,500.00 6,683,565.80 8,332.47 199,586.68 0.00 0.00
NC-3 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
NC-4 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
NC-5 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
NC-WIO 0.00 0.00 0.00 0.00 0.00 0.00
2-A-1 100,612,000.00 87,266,238.96 366,938.50 982,615.93 0.00 0.00
2-A-WIO 0.00 0.00 0.00 0.00 0.00 0.00
A-PO 2,211,773.59 2,022,592.14 3,886.34 11,462.61 0.00 0.00
1-B-1 8,610,000.00 8,511,289.67 9,317.21 0.00 0.00 0.00
1-B-2 4,005,000.00 3,959,084.22 4,333.96 0.00 0.00 0.00
1-B-3 2,001,000.00 1,978,059.31 2,165.36 0.00 0.00 0.00
1-B-4 2,003,000.00 1,980,036.38 2,167.52 0.00 0.00 0.00
1-B-5 1,401,000.00 1,384,938.08 1,516.08 0.00 0.00 0.00
1-B-6 1,603,186.00 1,584,806.09 1,734.87 0.00 0.00 0.00
2-B-1 1,137,000.00 1,088,264.13 4,575.95 0.00 0.00 0.00
2-B-2 362,000.00 346,483.39 1,456.90 0.00 0.00 0.00
2-B-3 362,000.00 346,483.39 1,456.90 0.00 0.00 0.00
2-B-4 206,000.00 197,170.11 829.06 0.00 0.00 0.00
2-B-5 104,000.00 99,542.19 418.56 0.00 0.00 0.00
2-B-6 155,258.00 148,603.09 624.85 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 503,801,317.59 442,007,566.68 763,893.94 7,729,663.35 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>
CB-1 5,850,541.80 279,142,038.90 0.86299048 5,850,541.80
CB-WIO 0.00 0.00 0.00000000 0.00
CB-R 0.00 0.00 0.00000000 0.00
NC-1 1,039,595.74 32,378,233.27 0.78383425 1,039,595.74
NC-2 207,919.15 6,475,646.65 0.78383425 207,919.15
NC-3 0.00 2,000,000.00 1.00000000 0.00
NC-4 0.00 2,000,000.00 1.00000000 0.00
NC-5 0.00 2,000,000.00 1.00000000 0.00
NC-WIO 0.00 0.00 0.00000000 0.00
2-A-1 1,349,554.43 85,916,684.53 0.85394073 1,349,554.43
2-A-WIO 0.00 0.00 0.00000000 0.00
A-PO 15,348.94 2,007,243.20 0.90752652 15,348.94
1-B-1 9,317.21 8,501,972.47 0.98745325 9,317.21
1-B-2 4,333.96 3,954,750.26 0.98745325 4,333.96
1-B-3 2,165.36 1,975,893.95 0.98745325 2,165.36
1-B-4 2,167.52 1,977,868.86 0.98745325 2,167.52
1-B-5 1,516.08 1,383,422.00 0.98745325 1,516.08
1-B-6 1,734.87 1,583,071.22 0.98745325 1,734.87
2-B-1 4,575.95 1,083,688.18 0.95311186 4,575.95
2-B-2 1,456.90 345,026.49 0.95311185 1,456.90
2-B-3 1,456.90 345,026.49 0.95311185 1,456.90
2-B-4 829.06 196,341.04 0.95311184 829.06
2-B-5 418.56 99,123.63 0.95311183 418.56
2-B-6 624.85 147,978.24 0.95311185 624.85
SES 0.00 0.00 0.00000000 0.00
Totals 8,493,557.28 433,514,009.38 0.86048606 8,493,557.28
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>
CB-1 323,459,000.00 881.07791315 0.96604840 17.12138092 0.00000000
CB-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
CB-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 41,307,500.00 809.00148932 1.00859069 24.15864867 0.00000000
NC-2 8,261,500.00 809.00148883 1.00859045 24.15864916 0.00000000
NC-3 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-4 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-5 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 100,612,000.00 867.35418201 3.64706496 9.76638900 0.00000000
2-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 2,211,773.59 914.46617735 1.75711475 5.18254221 0.00000000
1-B-1 8,610,000.00 988.53538560 1.08213821 0.00000000 0.00000000
1-B-2 4,005,000.00 988.53538577 1.08213733 0.00000000 0.00000000
1-B-3 2,001,000.00 988.53538731 1.08213893 0.00000000 0.00000000
1-B-4 2,003,000.00 988.53538692 1.08213679 0.00000000 0.00000000
1-B-5 1,401,000.00 988.53538901 1.08214133 0.00000000 0.00000000
1-B-6 1,603,186.00 988.53538516 1.08213894 0.00000000 0.00000000
2-B-1 1,137,000.00 957.13643799 4.02458223 0.00000000 0.00000000
2-B-2 362,000.00 957.13643646 4.02458564 0.00000000 0.00000000
2-B-3 362,000.00 957.13643646 4.02458564 0.00000000 0.00000000
2-B-4 206,000.00 957.13645631 4.02456311 0.00000000 0.00000000
2-B-5 104,000.00 957.13644231 4.02461538 0.00000000 0.00000000
2-B-6 155,258.00 957.13644385 4.02459133 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>
CB-1 0.00000000 18.08742932 862.99048380 0.86299048 18.08742932
CB-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 0.00000000 25.16723936 783.83424971 0.78383425 25.16723936
NC-2 0.00000000 25.16723961 783.83424923 0.78383425 25.16723961
NC-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
NC-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
NC-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
NC-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 13.41345396 853.94072804 0.85394073 13.41345396
2-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 0.00000000 6.93965244 907.52652490 0.90752652 6.93965244
1-B-1 0.00000000 1.08213821 987.45324855 0.98745325 1.08213821
1-B-2 0.00000000 1.08213733 987.45324844 0.98745325 1.08213733
1-B-3 0.00000000 1.08213893 987.45324838 0.98745325 1.08213893
1-B-4 0.00000000 1.08213679 987.45325012 0.98745325 1.08213679
1-B-5 0.00000000 1.08214133 987.45324768 0.98745325 1.08214133
1-B-6 0.00000000 1.08213894 987.45324622 0.98745325 1.08213894
2-B-1 0.00000000 4.02458223 953.11185576 0.95311186 4.02458223
2-B-2 0.00000000 4.02458564 953.11185083 0.95311185 4.02458564
2-B-3 0.00000000 4.02458564 953.11185083 0.95311185 4.02458564
2-B-4 0.00000000 4.02456311 953.11184466 0.95311184 4.02456311
2-B-5 0.00000000 4.02461538 953.11182692 0.95311183 4.02461538
2-B-6 0.00000000 4.02459133 953.11185253 0.95311185 4.02459133
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>
CB-1 323,459,000.00 5.50000% 284,992,580.71 1,306,215.99 0.00 0.00
CB-WIO 0.00 0.39022% 235,991,818.82 76,741.09 0.00 0.00
CB-R 100.00 5.50000% 0.00 0.00 0.00 0.00
NC-1 41,307,500.00 5.00000% 33,417,829.02 139,240.95 0.00 0.00
NC-2 8,261,500.00 8.00000% 6,683,565.80 44,557.11 0.00 0.00
NC-3 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
NC-4 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
NC-5 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
NC-WIO 0.00 0.31733% 43,989,872.32 11,632.75 0.00 0.00
2-A-1 100,612,000.00 4.75000% 87,266,238.96 345,428.86 0.00 0.00
2-A-WIO 0.00 0.55896% 75,361,017.50 35,103.08 0.00 0.00
A-PO 2,211,773.59 0.00000% 2,022,592.14 0.00 0.00 0.00
1-B-1 8,610,000.00 5.50000% 8,511,289.67 39,010.08 0.00 0.00
1-B-2 4,005,000.00 5.50000% 3,959,084.22 18,145.80 0.00 0.00
1-B-3 2,001,000.00 5.50000% 1,978,059.31 9,066.11 0.00 0.00
1-B-4 2,003,000.00 5.50000% 1,980,036.38 9,075.17 0.00 0.00
1-B-5 1,401,000.00 5.50000% 1,384,938.08 6,347.63 0.00 0.00
1-B-6 1,603,186.00 5.50000% 1,584,806.09 7,263.69 0.00 0.00
2-B-1 1,137,000.00 4.75000% 1,088,264.13 4,307.71 0.00 0.00
2-B-2 362,000.00 4.75000% 346,483.39 1,371.50 0.00 0.00
2-B-3 362,000.00 4.75000% 346,483.39 1,371.50 0.00 0.00
2-B-4 206,000.00 4.75000% 197,170.11 780.47 0.00 0.00
2-B-5 104,000.00 4.75000% 99,542.19 394.02 0.00 0.00
2-B-6 155,258.00 4.75000% 148,603.09 588.22 0.00 0.00
SES 0.00 0.00000% 442,007,567.24 0.00 0.00 0.00
Totals 503,801,317.59 2,084,141.74 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>
CB-1 0.02 0.00 1,306,215.97 0.00 279,142,038.90
CB-WIO 0.00 0.00 76,741.09 0.00 230,653,158.61
CB-R 0.00 0.00 0.00 0.00 0.00
NC-1 0.00 0.00 139,240.95 0.00 32,378,233.27
NC-2 0.00 0.00 44,557.10 0.00 6,475,646.65
NC-3 0.00 0.00 9,166.67 0.00 2,000,000.00
NC-4 0.00 0.00 9,166.67 0.00 2,000,000.00
NC-5 0.00 0.00 9,166.67 0.00 2,000,000.00
NC-WIO 0.00 0.00 11,632.75 0.00 42,746,321.69
2-A-1 (0.01) 0.00 345,428.87 0.00 85,916,684.53
2-A-WIO 0.00 0.00 35,103.08 0.00 74,070,315.76
A-PO 0.00 0.00 0.00 0.00 2,007,243.20
1-B-1 0.00 0.00 39,010.08 0.00 8,501,972.47
1-B-2 0.00 0.00 18,145.80 0.00 3,954,750.26
1-B-3 0.00 0.00 9,066.11 0.00 1,975,893.95
1-B-4 0.00 0.00 9,075.17 0.00 1,977,868.86
1-B-5 0.00 0.00 6,347.63 0.00 1,383,422.00
1-B-6 0.00 0.00 7,263.69 0.00 1,583,071.22
2-B-1 0.00 0.00 4,307.71 0.00 1,083,688.18
2-B-2 0.00 0.00 1,371.50 0.00 345,026.49
2-B-3 0.00 0.00 1,371.50 0.00 345,026.49
2-B-4 0.00 0.00 780.47 0.00 196,341.04
2-B-5 0.00 0.00 394.02 0.00 99,123.63
2-B-6 0.00 0.00 588.22 0.00 147,978.24
SES 0.00 0.00 78,642.57 0.00 433,514,009.96
Totals 0.01 0.00 2,162,784.29 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>
CB-1 323,459,000.00 5.50000% 881.07791315 4.03827375 0.00000000 0.00000000
CB-WIO 0.00 0.39022% 877.72863099 0.28542452 0.00000000 0.00000000
CB-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 41,307,500.00 5.00000% 809.00148932 3.37083944 0.00000000 0.00000000
NC-2 8,261,500.00 8.00000% 809.00148883 5.39334382 0.00000000 0.00000000
NC-3 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
NC-4 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
NC-5 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
NC-WIO 0.00 0.31733% 823.37712618 0.21773512 0.00000000 0.00000000
2-A-1 100,612,000.00 4.75000% 867.35418201 3.43327695 0.00000000 0.00000000
2-A-WIO 0.00 0.55896% 863.94251058 0.40242348 0.00000000 0.00000000
A-PO 2,211,773.59 0.00000% 914.46617735 0.00000000 0.00000000 0.00000000
1-B-1 8,610,000.00 5.50000% 988.53538560 4.53078746 0.00000000 0.00000000
1-B-2 4,005,000.00 5.50000% 988.53538577 4.53078652 0.00000000 0.00000000
1-B-3 2,001,000.00 5.50000% 988.53538731 4.53078961 0.00000000 0.00000000
1-B-4 2,003,000.00 5.50000% 988.53538692 4.53078882 0.00000000 0.00000000
1-B-5 1,401,000.00 5.50000% 988.53538901 4.53078515 0.00000000 0.00000000
1-B-6 1,603,186.00 5.50000% 988.53538516 4.53078433 0.00000000 0.00000000
2-B-1 1,137,000.00 4.75000% 957.13643799 3.78866315 0.00000000 0.00000000
2-B-2 362,000.00 4.75000% 957.13643646 3.78867403 0.00000000 0.00000000
2-B-3 362,000.00 4.75000% 957.13643646 3.78867403 0.00000000 0.00000000
2-B-4 206,000.00 4.75000% 957.13645631 3.78868932 0.00000000 0.00000000
2-B-5 104,000.00 4.75000% 957.13644231 3.78865385 0.00000000 0.00000000
2-B-6 155,258.00 4.75000% 957.13644385 3.78866145 0.00000000 0.00000000
SES 0.00 0.00000% 877.34499950 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>
CB-1 0.00000006 0.00000000 4.03827369 0.00000000 862.99048380
CB-WIO 0.00000000 0.00000000 0.28542452 0.00000000 857.87245572
CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 0.00000000 0.00000000 3.37083944 0.00000000 783.83424971
NC-2 0.00000000 0.00000000 5.39334261 0.00000000 783.83424923
NC-3 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
NC-4 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
NC-5 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
NC-WIO 0.00000000 0.00000000 0.21773512 0.00000000 800.10106080
2-A-1 (0.00000010) 0.00000000 3.43327704 0.00000000 853.94072804
2-A-WIO 0.00000000 0.00000000 0.40242348 0.00000000 849.14584065
A-PO 0.00000000 0.00000000 0.00000000 0.00000000 907.52652490
1-B-1 0.00000000 0.00000000 4.53078746 0.00000000 987.45324855
1-B-2 0.00000000 0.00000000 4.53078652 0.00000000 987.45324844
1-B-3 0.00000000 0.00000000 4.53078961 0.00000000 987.45324838
1-B-4 0.00000000 0.00000000 4.53078882 0.00000000 987.45325012
1-B-5 0.00000000 0.00000000 4.53078515 0.00000000 987.45324768
1-B-6 0.00000000 0.00000000 4.53078433 0.00000000 987.45324622
2-B-1 0.00000000 0.00000000 3.78866315 0.00000000 953.11185576
2-B-2 0.00000000 0.00000000 3.78867403 0.00000000 953.11185083
2-B-3 0.00000000 0.00000000 3.78867403 0.00000000 953.11185083
2-B-4 0.00000000 0.00000000 3.78868932 0.00000000 953.11184466
2-B-5 0.00000000 0.00000000 3.78865385 0.00000000 953.11182692
2-B-6 0.00000000 0.00000000 3.78866145 0.00000000 953.11185253
SES 0.00000000 0.00000000 0.15609838 0.00000000 860.48605735
<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>
CB-PO 0.00000% 0.00 0.00 1,578,521.93 1,565,256.34 90.31456506%
NC-PO 0.00000% 0.00 0.00 57,298.84 57,163.41 98.26749409%
2-A-PO 0.00000% 0.00 0.00 386,771.37 384,823.45 91.51869153%
CB-SES 0.00000% 303,135,017.79 297,253,049.07 0.00 0.00 86.92919535%
NC-SES 0.00000% 48,992,992.53 47,742,268.54 0.00 0.00 81.61893488%
2-SES 0.00000% 89,879,556.92 88,518,692.35 0.00 0.00 85.64219002%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 10,653,324.48
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 23,091.59
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 0.00
Total Deposits 10,676,416.07
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 20,074.50
Payment of Interest and Principal 10,656,341.57
Total Withdrawals (Pool Distribution Amount) 10,676,416.07
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 18,416.98
Trustee Fee 1,657.52
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 20,074.50
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 2 0 0 2
413,712.48 0.00 0.00 413,712.48
30 Days 14 0 0 0 14
2,520,310.85 0.00 0.00 0.00 2,520,310.85
60 Days 3 0 0 0 3
288,754.53 0.00 0.00 0.00 288,754.53
90 Days 1 0 1 0 2
604,475.05 0.00 76,432.40 0.00 680,907.45
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 0.00 322,371.05 0.00 322,371.05
Totals 18 2 2 0 22
3,413,540.43 413,712.48 398,803.45 0.00 4,226,056.36
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 0.062422% 0.000000% 0.000000% 0.062422%
0.095290% 0.000000% 0.000000% 0.095290%
30 Days 0.436954% 0.000000% 0.000000% 0.000000% 0.436954%
0.580502% 0.000000% 0.000000% 0.000000% 0.580502%
60 Days 0.093633% 0.000000% 0.000000% 0.000000% 0.093633%
0.066509% 0.000000% 0.000000% 0.000000% 0.066509%
90 Days 0.031211% 0.000000% 0.031211% 0.000000% 0.062422%
0.139228% 0.000000% 0.017605% 0.000000% 0.156833%
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% 0.031211% 0.000000% 0.031211%
0.000000% 0.000000% 0.074252% 0.000000% 0.074252%
Totals 0.561798% 0.062422% 0.062422% 0.000000% 0.686642%
0.786239% 0.095290% 0.091856% 0.000000% 0.973385%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1CB -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
58,188.09 0.00 0.00 58,188.09
30 Days 10 0 0 0 10
1,380,541.99 0.00 0.00 0.00 1,380,541.99
60 Days 2 0 0 0 2
243,962.71 0.00 0.00 0.00 243,962.71
90 Days 0 0 1 0 1
0.00 0.00 76,432.40 0.00 76,432.40
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 12 1 1 0 14
1,624,504.70 58,188.09 76,432.40 0.00 1,759,125.19
0-29 Days 0.045455% 0.000000% 0.000000% 0.045455%
0.019557% 0.000000% 0.000000% 0.019557%
30 Days 0.454545% 0.000000% 0.000000% 0.000000% 0.454545%
0.463993% 0.000000% 0.000000% 0.000000% 0.463993%
60 Days 0.090909% 0.000000% 0.000000% 0.000000% 0.090909%
0.081995% 0.000000% 0.000000% 0.000000% 0.081995%
90 Days 0.000000% 0.000000% 0.045455% 0.000000% 0.045455%
0.000000% 0.000000% 0.025689% 0.000000% 0.025689%
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 0.545455% 0.045455% 0.045455% 0.000000% 0.636364%
0.545988% 0.019557% 0.025689% 0.000000% 0.591233%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1NC -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
355,524.39 0.00 0.00 355,524.39
30 Days 1 0 0 0 1
836,344.23 0.00 0.00 0.00 836,344.23
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 1 0 0 0 1
604,475.05 0.00 0.00 0.00 604,475.05
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 0.00 322,371.05 0.00 322,371.05
Totals 2 1 1 0 4
1,440,819.28 355,524.39 322,371.05 0.00 2,118,714.72
0-29 Days 0.970874% 0.000000% 0.000000% 0.970874%
0.743873% 0.000000% 0.000000% 0.743873%
30 Days 0.970874% 0.000000% 0.000000% 0.000000% 0.970874%
1.749904% 0.000000% 0.000000% 0.000000% 1.749904%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.970874% 0.000000% 0.000000% 0.000000% 0.970874%
1.264758% 0.000000% 0.000000% 0.000000% 1.264758%
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% 0.970874% 0.000000% 0.970874%
0.000000% 0.000000% 0.674505% 0.000000% 0.674505%
Totals 1.941748% 0.970874% 0.970874% 0.000000% 3.883495%
3.014662% 0.743873% 0.674505% 0.000000% 4.433040%
<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 3 0 0 0 3
303,424.63 0.00 0.00 0.00 303,424.63
60 Days 1 0 0 0 1
44,791.82 0.00 0.00 0.00 44,791.82
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
348,216.45 0.00 0.00 0.00 348,216.45
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.332963% 0.000000% 0.000000% 0.000000% 0.332963%
0.341570% 0.000000% 0.000000% 0.000000% 0.341570%
60 Days 0.110988% 0.000000% 0.000000% 0.000000% 0.110988%
0.050423% 0.000000% 0.000000% 0.000000% 0.050423%
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 0.443951% 0.000000% 0.000000% 0.000000% 0.443951%
0.391993% 0.000000% 0.000000% 0.000000% 0.391993%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 23,091.59
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 5.912706%
Weighted Average Net Coupon 5.662706%
Weighted Average Pass-Through Rate 5.658206%
Weighted Average Maturity(Stepdown Calculation ) 346
Beginning Scheduled Collateral Loan Count 3,256
Number Of Loans Paid In Full 52
Ending Scheduled Collateral Loan Count 3,204
Beginning Scheduled Collateral Balance 442,007,567.24
Ending Scheduled Collateral Balance 433,514,009.96
Ending Actual Collateral Balance at 30-Jun-2004 434,160,872.03
Monthly P &I Constant 2,941,778.08
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 433,514,009.96
Scheduled Principal 763,893.93
Unscheduled Principal 7,729,663.35
Group Level Collateral Statement
Group 1CB -30 Year Fixed 1NC -30 Year Fixed 2 - 15 Year Fixed
Collateral Description Fixed 30 Year Fixed 30 Year Fixed 15 Year
Weighted Average Coupon Rate 6.029649 6.032992 5.452728
Weighted Average Net Rate 5.779649 5.782992 5.202728
Weighted Average Maturity 345 348 164
Beginning Loan Count 2,237 106 913
Loans Paid In Full 37 3 12
Ending Loan Count 2,200 103 901
Beginning Scheduled Balance 303,135,017.79 48,992,992.53 89,879,556.92
Ending scheduled Balance 297,253,049.07 47,742,268.54 88,518,692.35
Record Date 06/30/2004 06/30/2004 06/30/2004
Principal And Interest Constant 1,855,826.43 299,456.58 786,495.07
Scheduled Principal 332,661.56 53,144.62 378,087.75
Unscheduled Principal 5,549,307.16 1,197,579.37 982,776.82
Scheduled Interest 1,523,164.87 246,311.96 408,407.32
Servicing Fees 63,153.11 10,206.87 18,724.90
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,136.77 183.72 337.03
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00
Spread Fee 1 0.00 0.00 0.00
Spread Fee 2 0.00 0.00 0.00
Spread Fee 3 0.00 0.00 0.00
Net Interest 1,458,874.99 235,921.37 389,345.39
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 5.775149 5.778492 5.198228
Group Level Collateral Statement
Group Total
Collateral Description Fixed
Weighted Average Coupon Rate 5.912706
Weighted Average Net Rate 5.662706
Weighted Average Maturity 346
Beginning Loan Count 3,256
Loans Paid In Full 52
Ending Loan Count 3,204
Beginning Scheduled Balance 442,007,567.24
Ending scheduled Balance 433,514,009.96
Record Date 06/30/2004
Principal And Interest Constant 2,941,778.08
Scheduled Principal 763,893.93
Unscheduled Principal 7,729,663.35
Scheduled Interest 2,177,884.15
Servicing Fees 92,084.88
Master Servicing Fees 0.00
Trustee Fee 1,657.52
FRY Amount 0.00
Special Hazard Fee 0.00
Other Fee 0.00
Pool Insurance Fee 0.00
Spread Fee 1 0.00
Spread Fee 2 0.00
Spread Fee 3 0.00
Net Interest 2,084,141.75
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 5.658206
Miscellaneous Reporting
Group 1CB -30 Year Fixed
CPR 12.409319%
Group CB Subordinate Percentage 5.492807%
Group CB Subordinate Prepayment % 0.000000%
Group CB Senior Prepayment % 100.000000%
Group CB Senior Percentage 94.507193%
Group 1NC -30 Year Fixed
Group NC Subordinate Percentage 5.791885%
Group NC Subordinate Prepayment % 0.000000%
Group NC Senior Prepayment % 100.000000%
Group NC Senior Percentage 94.208115%
Group 2 - 15 Year Fixed
Group 2 Subordinate Percentage 2.487962%
Group 2 Subordinate Prepayment % 0.000000%
Group 2 Senior Prepayment % 100.000000%
Group 2 Senior Percentage 97.512038%