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): August 25, 2004
BANC OF AMERICA ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-10 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-17 54-2135813
Pooling and Servicing Agreement) (Commission 54-2135814
(State or other File Number) IRS EIN
jurisdiction
of Incorporation)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
On August 25, 2004 a distribution was made to holders of BANC OF AMERICA
ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-10
Trust.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Mortgage Pass-Through Certificates,
Series 2003-10 Trust, relating to the
August 25, 2004 distribution.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BANC OF AMERICA ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-10 Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Assistant Vice President
By: Beth Belfield as Assistant Vice President
Date: 8/26/04
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 August 25, 2004 distribution.
EX-99.1
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 7/31/04
Distribution Date: 8/25/04
BAA Series: 2003-10
Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 815-6600
Fax: (301) 815-6660
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<s> <c> <c> <c> <c> <c> <c>
1-A-1 05948KGY9 SEN 5.50000% 58,758,959.13 269,311.90 594,212.44
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% 32,118,803.92 160,594.02 604,698.41
2-A-2 05948KHC6 SEN 1.90000% 57,412,869.51 90,903.71 1,179,716.11
2-A-3 05948KHD4 SEN 15.84000% 23,922,030.15 315,770.79 491,548.40
2-A-4 05948KHE2 SEN 6.00000% 5,874,791.27 29,373.96 (29,373.96)
3-A-1 05948KHF9 SEN 5.50000% 77,044,510.61 353,120.67 1,572,437.44
CB-IO 05948KHG7 IO 0.40698% 0.00 60,090.89 0.00
4-A-1 05948KHH5 SEN 5.50000% 22,253,758.90 101,996.39 805,753.02
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 0.53573% 0.00 9,702.26 0.00
5-A-1 05948KHM4 SEN 4.50000% 66,143,433.34 248,037.88 412,688.76
5-A-2 05948KHN2 SEN 4.50000% 1,218,965.08 4,571.12 7,605.49
6-A-1 05948KHP7 SEN 5.25000% 1,508,113.35 6,598.00 22,424.20
6-A-2 05948KHQ5 SEN 5.50000% 41,211,589.25 188,886.45 612,776.70
6-A-3 05948KHR3 SEN 5.00000% 41,211,589.25 171,714.96 612,776.70
15-IO 05948KHS1 IO 0.38591% 0.00 32,849.94 0.00
PO 05948KHT9 PO 0.00000% 5,138,579.16 0.00 54,966.68
15-B-1 05948KHX0 SUB 4.91829% 1,891,211.65 7,751.27 7,910.19
15-B-2 05948KHY8 SUB 4.91829% 576,175.59 2,361.50 2,409.92
15-B-3 05948KHZ5 SUB 4.91829% 575,207.23 2,357.53 2,405.87
15-B-4 05948KJE0 SUB 4.91829% 246,932.40 1,012.07 1,032.82
15-B-5 05948KJF7 SUB 4.91829% 164,621.60 674.71 688.55
15-B-6 05948KJG5 SUB 4.91829% 246,863.67 1,011.79 1,032.53
30-B-1 05948KHU6 SUB 5.71030% 7,683,843.41 36,564.23 8,424.79
30-B-2 05948KHV4 SUB 5.71030% 3,340,672.14 15,896.87 3,662.81
30-B-3 05948KHW2 SUB 5.71030% 1,670,831.87 7,950.80 1,831.95
30-B-4 05948KJB6 SUB 5.71030% 1,669,840.28 7,946.08 1,830.86
30-B-5 05948KJC4 SUB 5.71030% 1,169,086.51 5,563.20 1,281.82
30-B-6 05948KJD2 SUB 5.71030% 1,336,687.36 6,360.74 1,465.57
SES 05948KJA8 SEN 0.00000% 0.00 82,061.23 0.00
Totals 459,071,966.63 2,242,494.12 6,976,208.07
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 58,164,746.69 863,524.34 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 31,514,105.51 765,292.43 0.00
2-A-2 0.00 56,233,153.40 1,270,619.82 0.00
2-A-3 0.00 23,430,481.74 807,319.19 0.00
2-A-4 0.00 5,904,165.23 0.00 0.00
3-A-1 0.00 75,472,073.17 1,925,558.11 0.00
CB-IO 0.00 0.00 60,090.89 0.00
4-A-1 0.00 21,448,005.88 907,749.41 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 9,702.26 0.00
5-A-1 0.00 65,730,744.58 660,726.64 0.00
5-A-2 0.00 1,211,359.59 12,176.61 0.00
6-A-1 0.00 1,485,689.15 29,022.20 0.00
6-A-2 0.00 40,598,812.55 801,663.15 0.00
6-A-3 0.00 40,598,812.55 784,491.66 0.00
15-IO 0.00 0.00 32,849.94 0.00
PO 0.00 5,083,612.48 54,966.68 0.00
15-B-1 0.00 1,883,301.46 15,661.46 0.00
15-B-2 0.00 573,765.68 4,771.42 0.00
15-B-3 0.00 572,801.37 4,763.40 0.00
15-B-4 0.00 245,899.58 2,044.89 0.00
15-B-5 0.00 163,933.05 1,363.26 0.00
15-B-6 0.00 245,831.13 2,044.32 0.00
30-B-1 0.00 7,675,418.62 44,989.02 0.00
30-B-2 0.00 3,337,009.34 19,559.68 0.00
30-B-3 0.00 1,668,999.92 9,782.75 0.00
30-B-4 0.00 1,668,009.42 9,776.94 0.00
30-B-5 0.00 1,167,804.69 6,845.02 0.00
30-B-6 0.00 1,335,221.79 7,826.31 0.00
SES 0.00 0.00 82,061.23 0.00
Totals 0.00 452,095,758.57 9,218,702.19 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 58,758,959.13 72,292.77 521,919.67 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 32,118,803.92 33,271.24 571,427.17 0.00 0.00
2-A-2 65,013,882.00 57,412,869.51 64,909.41 1,114,806.70 0.00 0.00
2-A-3 27,089,118.00 23,922,030.15 27,045.59 464,502.81 0.00 0.00
2-A-4 5,645,000.00 5,874,791.27 0.00 0.00 (29,373.96) 0.00
3-A-1 86,988,000.00 77,044,510.61 84,995.74 1,487,441.70 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 22,253,758.90 28,746.08 777,006.94 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 66,143,433.34 288,887.37 123,801.39 0.00 0.00
5-A-2 1,317,000.00 1,218,965.08 5,323.94 2,281.55 0.00 0.00
6-A-1 1,655,000.00 1,508,113.35 6,086.62 16,337.58 0.00 0.00
6-A-2 45,225,500.00 41,211,589.25 166,326.47 446,450.23 0.00 0.00
6-A-3 45,225,500.00 41,211,589.25 166,326.47 446,450.23 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
PO 5,471,808.00 5,138,579.16 10,040.72 44,925.96 0.00 0.00
15-B-1 1,953,000.00 1,891,211.65 7,910.19 0.00 0.00 0.00
15-B-2 595,000.00 576,175.59 2,409.92 0.00 0.00 0.00
15-B-3 594,000.00 575,207.23 2,405.87 0.00 0.00 0.00
15-B-4 255,000.00 246,932.40 1,032.82 0.00 0.00 0.00
15-B-5 170,000.00 164,621.60 688.55 0.00 0.00 0.00
15-B-6 254,929.00 246,863.67 1,032.53 0.00 0.00 0.00
30-B-1 7,749,000.00 7,683,843.41 8,424.79 0.00 0.00 0.00
30-B-2 3,369,000.00 3,340,672.14 3,662.81 0.00 0.00 0.00
30-B-3 1,685,000.00 1,670,831.87 1,831.95 0.00 0.00 0.00
30-B-4 1,684,000.00 1,669,840.28 1,830.86 0.00 0.00 0.00
30-B-5 1,179,000.00 1,169,086.51 1,281.82 0.00 0.00 0.00
30-B-6 1,348,022.00 1,336,687.36 1,465.57 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 506,695,859.00 459,071,966.63 988,230.10 6,017,351.93 (29,373.96) 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-1 594,212.44 58,164,746.69 0.94002112 594,212.44
1-A-R 0.00 0.00 0.00000000 0.00
1-A-LR 0.00 0.00 0.00000000 0.00
2-A-1 604,698.41 31,514,105.51 0.87539182 604,698.41
2-A-2 1,179,716.11 56,233,153.40 0.86494071 1,179,716.11
2-A-3 491,548.40 23,430,481.74 0.86494074 491,548.40
2-A-4 (29,373.96) 5,904,165.23 1.04591058 (29,373.96)
3-A-1 1,572,437.44 75,472,073.17 0.86761476 1,572,437.44
CB-IO 0.00 0.00 0.00000000 0.00
4-A-1 805,753.02 21,448,005.88 0.76035188 805,753.02
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-1 412,688.76 65,730,744.58 0.91978709 412,688.76
5-A-2 7,605.49 1,211,359.59 0.91978708 7,605.49
6-A-1 22,424.20 1,485,689.15 0.89769737 22,424.20
6-A-2 612,776.70 40,598,812.55 0.89769737 612,776.70
6-A-3 612,776.70 40,598,812.55 0.89769737 612,776.70
15-IO 0.00 0.00 0.00000000 0.00
PO 54,966.68 5,083,612.48 0.92905535 54,966.68
15-B-1 7,910.19 1,883,301.46 0.96431206 7,910.19
15-B-2 2,409.92 573,765.68 0.96431207 2,409.92
15-B-3 2,405.87 572,801.37 0.96431207 2,405.87
15-B-4 1,032.82 245,899.58 0.96431208 1,032.82
15-B-5 688.55 163,933.05 0.96431206 688.55
15-B-6 1,032.53 245,831.13 0.96431214 1,032.53
30-B-1 8,424.79 7,675,418.62 0.99050440 8,424.79
30-B-2 3,662.81 3,337,009.34 0.99050440 3,662.81
30-B-3 1,831.95 1,668,999.92 0.99050440 1,831.95
30-B-4 1,830.86 1,668,009.42 0.99050441 1,830.86
30-B-5 1,281.82 1,167,804.69 0.99050440 1,281.82
30-B-6 1,465.57 1,335,221.79 0.99050445 1,465.57
SES 0.00 0.00 0.00000000 0.00
Totals 6,976,208.07 452,095,758.57 0.89224285 6,976,208.07
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 61,876,000.00 949.62439605 1.16834912 8.43492905 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 36,000,000.00 892.18899778 0.92420111 15.87297694 0.00000000
2-A-2 65,013,882.00 883.08631547 0.99839308 17.14721019 0.00000000
2-A-3 27,089,118.00 883.08634301 0.99839316 17.14721055 0.00000000
2-A-4 5,645,000.00 1040.70704517 0.00000000 0.00000000 (5.20353587)
3-A-1 86,988,000.00 885.69125178 0.97709730 17.09938957 0.00000000
CB-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 28,208,000.00 788.91658040 1.01907544 27.54562323 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 71,463,000.00 925.56194590 4.04247471 1.73238445 0.00000000
5-A-2 1,317,000.00 925.56194381 4.04247532 1.73238421 0.00000000
6-A-1 1,655,000.00 911.24673716 3.67771601 9.87164955 0.00000000
6-A-2 45,225,500.00 911.24673580 3.67771434 9.87164830 0.00000000
6-A-3 45,225,500.00 911.24673580 3.67771434 9.87164830 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 5,471,808.00 939.10077985 1.83499129 8.21044159 0.00000000
15-B-1 1,953,000.00 968.36233999 4.05027650 0.00000000 0.00000000
15-B-2 595,000.00 968.36233613 4.05028571 0.00000000 0.00000000
15-B-3 594,000.00 968.36234007 4.05028620 0.00000000 0.00000000
15-B-4 255,000.00 968.36235294 4.05027451 0.00000000 0.00000000
15-B-5 170,000.00 968.36235294 4.05029412 0.00000000 0.00000000
15-B-6 254,929.00 968.36244601 4.05026498 0.00000000 0.00000000
30-B-1 7,749,000.00 991.59161311 1.08720996 0.00000000 0.00000000
30-B-2 3,369,000.00 991.59161175 1.08720985 0.00000000 0.00000000
30-B-3 1,685,000.00 991.59161424 1.08721068 0.00000000 0.00000000
30-B-4 1,684,000.00 991.59161520 1.08720903 0.00000000 0.00000000
30-B-5 1,179,000.00 991.59161154 1.08720950 0.00000000 0.00000000
30-B-6 1,348,022.00 991.59165058 1.08720036 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 9.60327817 940.02111788 0.94002112 9.60327817
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 16.79717806 875.39181972 0.87539182 16.79717806
2-A-2 0.00000000 18.14560327 864.94071220 0.86494071 18.14560327
2-A-3 0.00000000 18.14560371 864.94073893 0.86494074 18.14560371
2-A-4 0.00000000 (5.20353587) 1,045.91058105 1.04591058 (5.20353587)
3-A-1 0.00000000 18.07648687 867.61476491 0.86761476 18.07648687
CB-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 0.00000000 28.56469867 760.35188174 0.76035188 28.56469867
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 5.77485916 919.78708674 0.91978709 5.77485916
5-A-2 0.00000000 5.77485953 919.78708428 0.91978708 5.77485953
6-A-1 0.00000000 13.54936556 897.69737160 0.89769737 13.54936556
6-A-2 0.00000000 13.54936264 897.69737316 0.89769737 13.54936264
6-A-3 0.00000000 13.54936264 897.69737316 0.89769737 13.54936264
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 10.04543288 929.05534697 0.92905535 10.04543288
15-B-1 0.00000000 4.05027650 964.31206349 0.96431206 4.05027650
15-B-2 0.00000000 4.05028571 964.31206723 0.96431207 4.05028571
15-B-3 0.00000000 4.05028620 964.31207071 0.96431207 4.05028620
15-B-4 0.00000000 4.05027451 964.31207843 0.96431208 4.05027451
15-B-5 0.00000000 4.05029412 964.31205882 0.96431206 4.05029412
15-B-6 0.00000000 4.05026498 964.31214181 0.96431214 4.05026498
30-B-1 0.00000000 1.08720996 990.50440315 0.99050440 1.08720996
30-B-2 0.00000000 1.08720985 990.50440487 0.99050440 1.08720985
30-B-3 0.00000000 1.08721068 990.50440356 0.99050440 1.08721068
30-B-4 0.00000000 1.08720903 990.50440618 0.99050441 1.08720903
30-B-5 0.00000000 1.08720950 990.50440204 0.99050440 1.08720950
30-B-6 0.00000000 1.08720036 990.50445022 0.99050445 1.08720036
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% 58,758,959.13 269,311.90 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% 32,118,803.92 160,594.02 0.00 0.00
2-A-2 65,013,882.00 1.90000% 57,412,869.51 90,903.71 0.00 0.00
2-A-3 27,089,118.00 15.84000% 23,922,030.15 315,770.79 0.00 0.00
2-A-4 5,645,000.00 6.00000% 5,874,791.27 29,373.96 0.00 0.00
3-A-1 86,988,000.00 5.50000% 77,044,510.61 353,120.67 0.00 0.00
CB-IO 0.00 0.40698% 177,181,219.07 60,090.89 0.00 0.00
4-A-1 28,208,000.00 5.50000% 22,253,758.90 101,996.39 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 0.53573% 21,732,287.07 9,702.26 0.00 0.00
5-A-1 71,463,000.00 4.50000% 66,143,433.34 248,037.88 0.00 0.00
5-A-2 1,317,000.00 4.50000% 1,218,965.08 4,571.12 0.00 0.00
6-A-1 1,655,000.00 5.25000% 1,508,113.35 6,598.00 0.00 0.00
6-A-2 45,225,500.00 5.50000% 41,211,589.25 188,886.45 0.00 0.00
6-A-3 45,225,500.00 5.00000% 41,211,589.25 171,714.96 0.00 0.00
15-IO 0.00 0.38591% 102,147,824.83 32,849.94 0.00 0.00
PO 5,471,808.00 0.00000% 5,138,579.16 0.00 0.00 0.00
15-B-1 1,953,000.00 4.91829% 1,891,211.65 7,751.27 0.00 0.00
15-B-2 595,000.00 4.91829% 576,175.59 2,361.50 0.00 0.00
15-B-3 594,000.00 4.91829% 575,207.23 2,357.53 0.00 0.00
15-B-4 255,000.00 4.91829% 246,932.40 1,012.07 0.00 0.00
15-B-5 170,000.00 4.91829% 164,621.60 674.71 0.00 0.00
15-B-6 254,929.00 4.91829% 246,863.67 1,011.79 0.00 0.00
30-B-1 7,749,000.00 5.71030% 7,683,843.41 36,564.23 0.00 0.00
30-B-2 3,369,000.00 5.71030% 3,340,672.14 15,896.87 0.00 0.00
30-B-3 1,685,000.00 5.71030% 1,670,831.87 7,950.80 0.00 0.00
30-B-4 1,684,000.00 5.71030% 1,669,840.28 7,946.08 0.00 0.00
30-B-5 1,179,000.00 5.71030% 1,169,086.51 5,563.20 0.00 0.00
30-B-6 1,348,022.00 5.71030% 1,336,687.36 6,360.74 0.00 0.00
SES 0.00 0.00000% 459,071,966.94 0.00 0.00 0.00
Totals 506,695,859.00 2,160,432.89 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 0.00 269,311.90 0.00 58,164,746.69
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 0.00 0.00 160,594.02 0.00 31,514,105.51
2-A-2 0.00 0.00 90,903.71 0.00 56,233,153.40
2-A-3 0.00 0.00 315,770.79 0.00 23,430,481.74
2-A-4 0.00 0.00 29,373.96 0.00 5,904,165.23
3-A-1 0.00 0.00 353,120.67 0.00 75,472,073.17
CB-IO 0.00 0.00 60,090.89 0.00 174,032,065.03
4-A-1 0.00 0.00 101,996.39 0.00 21,448,005.88
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 9,702.26 0.00 20,933,643.10
5-A-1 0.00 0.00 248,037.88 0.00 65,730,744.58
5-A-2 0.00 0.00 4,571.12 0.00 1,211,359.59
6-A-1 0.00 0.00 6,598.00 0.00 1,485,689.15
6-A-2 0.00 0.00 188,886.45 0.00 40,598,812.55
6-A-3 0.00 0.00 171,714.96 0.00 40,598,812.55
15-IO 0.00 0.00 32,849.94 0.00 100,953,388.45
PO 0.00 0.00 0.00 0.00 5,083,612.48
15-B-1 0.00 0.00 7,751.27 0.00 1,883,301.46
15-B-2 0.00 0.00 2,361.50 0.00 573,765.68
15-B-3 0.00 0.00 2,357.53 0.00 572,801.37
15-B-4 0.00 0.00 1,012.07 0.00 245,899.58
15-B-5 0.00 0.00 674.71 0.00 163,933.05
15-B-6 0.00 0.00 1,011.79 0.00 245,831.13
30-B-1 0.00 0.00 36,564.23 0.00 7,675,418.62
30-B-2 0.00 0.00 15,896.87 0.00 3,337,009.34
30-B-3 0.00 0.00 7,950.80 0.00 1,668,999.92
30-B-4 0.00 0.00 7,946.08 0.00 1,668,009.42
30-B-5 0.00 0.00 5,563.20 0.00 1,167,804.69
30-B-6 0.00 0.00 6,360.74 0.00 1,335,221.79
SES 0.00 0.00 82,061.23 0.00 452,095,758.87
Totals 0.00 0.00 2,242,494.12 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% 949.62439605 4.35244521 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% 892.18899778 4.46094500 0.00000000 0.00000000
2-A-2 65,013,882.00 1.90000% 883.08631547 1.39822000 0.00000000 0.00000000
2-A-3 27,089,118.00 15.84000% 883.08634301 11.65673943 0.00000000 0.00000000
2-A-4 5,645,000.00 6.00000% 1040.70704517 5.20353587 0.00000000 0.00000000
3-A-1 86,988,000.00 5.50000% 885.69125178 4.05941820 0.00000000 0.00000000
CB-IO 0.00 0.40698% 886.03481153 0.30049810 0.00000000 0.00000000
4-A-1 28,208,000.00 5.50000% 788.91658040 3.61586748 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 0.53573% 797.33526056 0.35596594 0.00000000 0.00000000
5-A-1 71,463,000.00 4.50000% 925.56194590 3.47085737 0.00000000 0.00000000
5-A-2 1,317,000.00 4.50000% 925.56194381 3.47085801 0.00000000 0.00000000
6-A-1 1,655,000.00 5.25000% 911.24673716 3.98670695 0.00000000 0.00000000
6-A-2 45,225,500.00 5.50000% 911.24673580 4.17654752 0.00000000 0.00000000
6-A-3 45,225,500.00 5.00000% 911.24673580 3.79686151 0.00000000 0.00000000
15-IO 0.00 0.38591% 911.79402565 0.29322581 0.00000000 0.00000000
PO 5,471,808.00 0.00000% 939.10077985 0.00000000 0.00000000 0.00000000
15-B-1 1,953,000.00 4.91829% 968.36233999 3.96890425 0.00000000 0.00000000
15-B-2 595,000.00 4.91829% 968.36233613 3.96890756 0.00000000 0.00000000
15-B-3 594,000.00 4.91829% 968.36234007 3.96890572 0.00000000 0.00000000
15-B-4 255,000.00 4.91829% 968.36235294 3.96890196 0.00000000 0.00000000
15-B-5 170,000.00 4.91829% 968.36235294 3.96888235 0.00000000 0.00000000
15-B-6 254,929.00 4.91829% 968.36244601 3.96890899 0.00000000 0.00000000
30-B-1 7,749,000.00 5.71030% 991.59161311 4.71857401 0.00000000 0.00000000
30-B-2 3,369,000.00 5.71030% 991.59161175 4.71857228 0.00000000 0.00000000
30-B-3 1,685,000.00 5.71030% 991.59161424 4.71857567 0.00000000 0.00000000
30-B-4 1,684,000.00 5.71030% 991.59161520 4.71857482 0.00000000 0.00000000
30-B-5 1,179,000.00 5.71030% 991.59161154 4.71857506 0.00000000 0.00000000
30-B-6 1,348,022.00 5.71030% 991.59165058 4.71857284 0.00000000 0.00000000
SES 0.00 0.00000% 906.01088946 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 4.35244521 0.00000000 940.02111788
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 0.00000000 4.46094500 0.00000000 875.39181972
2-A-2 0.00000000 0.00000000 1.39822000 0.00000000 864.94071220
2-A-3 0.00000000 0.00000000 11.65673943 0.00000000 864.94073893
2-A-4 0.00000000 0.00000000 5.20353587 0.00000000 1045.91058105
3-A-1 0.00000000 0.00000000 4.05941820 0.00000000 867.61476491
CB-IO 0.00000000 0.00000000 0.30049810 0.00000000 870.28675358
4-A-1 0.00000000 0.00000000 3.61586748 0.00000000 760.35188174
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 0.35596594 0.00000000 768.03383472
5-A-1 0.00000000 0.00000000 3.47085737 0.00000000 919.78708674
5-A-2 0.00000000 0.00000000 3.47085801 0.00000000 919.78708428
6-A-1 0.00000000 0.00000000 3.98670695 0.00000000 897.69737160
6-A-2 0.00000000 0.00000000 4.17654752 0.00000000 897.69737316
6-A-3 0.00000000 0.00000000 3.79686151 0.00000000 897.69737316
15-IO 0.00000000 0.00000000 0.29322581 0.00000000 901.13222294
PO 0.00000000 0.00000000 0.00000000 0.00000000 929.05534697
15-B-1 0.00000000 0.00000000 3.96890425 0.00000000 964.31206349
15-B-2 0.00000000 0.00000000 3.96890756 0.00000000 964.31206723
15-B-3 0.00000000 0.00000000 3.96890572 0.00000000 964.31207071
15-B-4 0.00000000 0.00000000 3.96890196 0.00000000 964.31207843
15-B-5 0.00000000 0.00000000 3.96888235 0.00000000 964.31205882
15-B-6 0.00000000 0.00000000 3.96890899 0.00000000 964.31214181
30-B-1 0.00000000 0.00000000 4.71857401 0.00000000 990.50440315
30-B-2 0.00000000 0.00000000 4.71857228 0.00000000 990.50440487
30-B-3 0.00000000 0.00000000 4.71857567 0.00000000 990.50440356
30-B-4 0.00000000 0.00000000 4.71857482 0.00000000 990.50440618
30-B-5 0.00000000 0.00000000 4.71857506 0.00000000 990.50440204
30-B-6 0.00000000 0.00000000 4.71857284 0.00000000 990.50445022
SES 0.00000000 0.00000000 0.16195362 0.00000000 892.24285104
<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 0.15541% 30,719,600.59 30,522,597.01 0.00 0.00 95.23352842%
2-IO 0.36826% 88,776,278.42 87,216,713.47 0.00 0.00 85.91482504%
3-IO 0.60054% 57,685,340.06 56,292,754.55 0.00 0.00 84.77140525%
4-IO 0.53573% 21,732,287.07 20,933,643.10 0.00 0.00 76.80338347%
5-IO 0.30525% 47,173,650.39 46,849,724.37 0.00 0.00 91.51692789%
6-IO 0.45513% 54,974,174.44 54,103,664.08 0.00 0.00 88.93204996%
1-PO 0.00000% 0.00 0.00 1,680,125.05 1,671,796.68 93.97374486%
2-PO 0.00000% 0.00 0.00 695,469.74 669,110.65 93.78206494%
3-PO 0.00000% 0.00 0.00 1,556,587.45 1,543,551.82 93.64769144%
4-PO 0.00000% 0.00 0.00 191,082.33 190,854.86 86.42184196%
5-PO 0.00000% 0.00 0.00 682,632.60 679,400.68 89.25096785%
6-PO 0.00000% 0.00 0.00 332,681.99 328,897.79 94.23735423%
1-SES 0.00000% 63,792,606.60 63,185,939.86 0.00 0.00 94.24989616%
2-SES 0.00000% 127,119,985.16 124,839,686.48 0.00 0.00 88.15498320%
3-SES 0.00000% 83,275,556.49 81,684,926.55 0.00 0.00 87.50320660%
4-SES 0.00000% 28,873,801.22 28,065,956.36 0.00 0.00 80.48236270%
5-SES 0.00000% 69,681,909.55 69,251,234.17 0.00 0.00 92.04765158%
6-SES 0.00000% 86,328,107.92 85,068,015.45 0.00 0.00 89.93906910%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 9,239,551.72
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 9,239,551.72
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 20,849.53
Payment of Interest and Principal 9,218,702.19
Total Withdrawals (Pool Distribution Amount) 9,239,551.72
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 19,128.00
Trustee Fee - Wells Fargo Bank, N.A. 1,721.53
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 20,849.53
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
457,589.31 117,303.14 0.00 574,892.45
30 Days 32 0 0 0 32
3,675,688.58 0.00 0.00 0.00 3,675,688.58
60 Days 2 0 0 0 2
216,115.05 0.00 0.00 0.00 216,115.05
90 Days 2 0 1 0 3
61,028.20 0.00 281,777.15 0.00 342,805.35
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 1 0 1
0.00 0.00 108,425.48 0.00 108,425.48
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 36 4 3 0 43
3,952,831.83 457,589.31 507,505.77 0.00 4,917,926.91
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 0.105736% 0.026434% 0.000000% 0.132170%
0.101030% 0.025899% 0.000000% 0.126929%
30 Days 0.845890% 0.000000% 0.000000% 0.000000% 0.845890%
0.811546% 0.000000% 0.000000% 0.000000% 0.811546%
60 Days 0.052868% 0.000000% 0.000000% 0.000000% 0.052868%
0.047716% 0.000000% 0.000000% 0.000000% 0.047716%
90 Days 0.052868% 0.000000% 0.026434% 0.000000% 0.079302%
0.013474% 0.000000% 0.062213% 0.000000% 0.075687%
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% 0.026434% 0.000000% 0.026434%
0.000000% 0.000000% 0.023939% 0.000000% 0.023939%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.951626% 0.105736% 0.079302% 0.000000% 1.136664%
0.872736% 0.101030% 0.112051% 0.000000% 1.085817%
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 5 0 0 0 5
715,707.81 0.00 0.00 0.00 715,707.81
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 5 0 0 0 5
715,707.81 0.00 0.00 0.00 715,707.81
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.006036% 0.000000% 0.000000% 0.000000% 1.006036%
1.131445% 0.000000% 0.000000% 0.000000% 1.131445%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 1.006036% 0.000000% 0.000000% 0.000000% 1.006036%
1.131445% 0.000000% 0.000000% 0.000000% 1.131445%
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 5 0 0 0 5
613,335.12 0.00 0.00 0.00 613,335.12
60 Days 1 0 0 0 1
119,264.44 0.00 0.00 0.00 119,264.44
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 6 0 0 0 6
732,599.56 0.00 0.00 0.00 732,599.56
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.473037% 0.000000% 0.000000% 0.000000% 0.473037%
0.490877% 0.000000% 0.000000% 0.000000% 0.490877%
60 Days 0.094607% 0.000000% 0.000000% 0.000000% 0.094607%
0.095452% 0.000000% 0.000000% 0.000000% 0.095452%
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 0.567644% 0.000000% 0.000000% 0.000000% 0.567644%
0.586329% 0.000000% 0.000000% 0.000000% 0.586329%
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
275,307.82 117,303.14 0.00 392,610.96
30 Days 8 0 0 0 8
1,194,841.92 0.00 0.00 0.00 1,194,841.92
60 Days 1 0 0 0 1
96,850.61 0.00 0.00 0.00 96,850.61
90 Days 0 0 1 0 1
0.00 0.00 281,777.15 0.00 281,777.15
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 1 0 1
0.00 0.00 108,425.48 0.00 108,425.48
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 9 2 3 0 14
1,291,692.53 275,307.82 507,505.77 0.00 2,074,506.12
0-29 Days 0.341880% 0.170940% 0.000000% 0.512821%
0.336731% 0.143474% 0.000000% 0.480205%
30 Days 1.367521% 0.000000% 0.000000% 0.000000% 1.367521%
1.461418% 0.000000% 0.000000% 0.000000% 1.461418%
60 Days 0.170940% 0.000000% 0.000000% 0.000000% 0.170940%
0.118459% 0.000000% 0.000000% 0.000000% 0.118459%
90 Days 0.000000% 0.000000% 0.170940% 0.000000% 0.170940%
0.000000% 0.000000% 0.344643% 0.000000% 0.344643%
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% 0.170940% 0.000000% 0.170940%
0.000000% 0.000000% 0.132616% 0.000000% 0.132616%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 1.538462% 0.341880% 0.512821% 0.000000% 2.393162%
1.579877% 0.336731% 0.620733% 0.000000% 2.537341%
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%
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
182,281.49 0.00 0.00 182,281.49
30 Days 7 0 0 0 7
573,077.00 0.00 0.00 0.00 573,077.00
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 7 2 0 0 9
573,077.00 182,281.49 0.00 0.00 755,358.49
0-29 Days 0.317965% 0.000000% 0.000000% 0.317965%
0.262234% 0.000000% 0.000000% 0.262234%
30 Days 1.112878% 0.000000% 0.000000% 0.000000% 1.112878%
0.824439% 0.000000% 0.000000% 0.000000% 0.824439%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 1.112878% 0.317965% 0.000000% 0.000000% 1.430843%
0.824439% 0.262234% 0.000000% 0.000000% 1.086673%
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 7 0 0 0 7
578,726.73 0.00 0.00 0.00 578,726.73
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 2 0 0 0 2
61,028.20 0.00 0.00 0.00 61,028.20
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 9 0 0 0 9
639,754.93 0.00 0.00 0.00 639,754.93
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.730689% 0.000000% 0.000000% 0.000000% 0.730689%
0.677972% 0.000000% 0.000000% 0.000000% 0.677972%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.208768% 0.000000% 0.000000% 0.000000% 0.208768%
0.071494% 0.000000% 0.000000% 0.000000% 0.071494%
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 0.939457% 0.000000% 0.000000% 0.000000% 0.939457%
0.749466% 0.000000% 0.000000% 0.000000% 0.749466%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 0.00
COLLATERAL STATEMENT
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 5.901805%
Weighted Average Pass-Through Rate 5.647306%
Weighted Average Maturity(Stepdown Calculation ) 284
Beginning Scheduled Collateral Loan Count 3,824
Number Of Loans Paid In Full 41
Ending Scheduled Collateral Loan Count 3,783
Beginning Scheduled Collateral Balance 459,071,966.94
Ending Scheduled Collateral Balance 452,095,758.87
Ending Actual Collateral Balance at 31-Jul-2004 452,924,179.88
Monthly P &I Constant 3,244,408.40
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Class A Non-PO Optimal Amount 8,897,279.14
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 452,095,758.87
Scheduled Principal 986,613.89
Unscheduled Principal 5,989,594.18
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 5.684486 6.478854 6.067690
Weighted Average Net Rate 5.434486 6.228854 5.817690
Weighted Average Maturity 339 345 344
Beginning Loan Count 501 1,070 595
Loans Paid In Full 4 13 10
Ending Loan Count 497 1,057 585
Beginning Scheduled Balance 63,792,606.60 127,119,985.16 83,275,556.49
Ending scheduled Balance 63,185,939.86 124,839,686.48 81,684,926.55
Record Date 07/31/2004 07/31/2004 07/31/2004
Principal And Interest Constant 380,955.49 818,079.02 513,409.01
Scheduled Principal 78,765.35 131,752.51 92,333.77
Unscheduled Principal 527,901.39 2,148,546.17 1,498,296.17
Scheduled Interest 302,190.14 686,326.51 421,075.24
Servicing Fees 13,290.11 26,483.33 17,349.10
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 239.22 476.71 312.29
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 288,660.81 659,366.47 403,413.85
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 5.429986 6.224354 5.813190
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 6.121331 4.917066 5.774093
Weighted Average Net Rate 5.871330 4.667065 5.524093
Weighted Average Maturity 347 164 166
Beginning Loan Count 59 630 969
Loans Paid In Full 2 1 11
Ending Loan Count 57 629 958
Beginning Scheduled Balance 28,873,801.22 69,681,909.55 86,328,107.92
Ending scheduled Balance 28,065,956.36 69,251,234.17 85,068,015.45
Record Date 07/31/2004 07/31/2004 07/31/2004
Principal And Interest Constant 178,120.88 590,036.71 763,807.29
Scheduled Principal 30,832.48 304,511.28 348,418.50
Unscheduled Principal 777,012.38 126,164.10 911,673.97
Scheduled Interest 147,288.40 285,525.43 415,388.79
Servicing Fees 6,015.38 14,517.07 17,985.03
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 108.28 261.30 323.73
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 141,164.74 270,747.06 397,080.03
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 5.866830 4.662566 5.519593
Group Level Collateral Statement
Group Total
Collateral Description Mixed Fixed
Weighted Average Coupon Rate 5.901805
Weighted Average Net Rate 5.651805
Weighted Average Maturity 284.00
Record Date 07/31/2004
Principal And Interest Constant 3,244,408.40
Beginning Loan Count 3,824
Loans Paid In Full 41
Ending Loan Count 3,783
Beginning Scheduled Balance 459,071,966.94
Ending Scheduled Balance 452,095,758.87
Scheduled Principal 986,613.89
Unscheduled Principal 5,989,594.18
Scheduled Interest 2,257,794.51
Servicing Fee 95,640.02
Master Servicing Fee 0.00
Trustee Fee 1,721.53
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 2,160,432.96
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 5.647306
Miscellaneous Reporting
Group 1 - 30 Year Fixed
CPR 9.501803%
Subordinate % 5.399111%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.600889%
Group 2 - 30 Year Fixed
CPR 18.516386%
Subordinate % 5.612851%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.387149%
Group 3 - 30 Year Fixed
CPR 19.596645%
Subordinate % 5.720162%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.279838%
Miscellaneous Reporting
Group 4 - 30 Year Fixed
CPR 27.942592%
Subordinate % 6.090635%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 93.909365%
Group 5 - 15 Year Fixed
CPR 2.160528%
Subordinate % 2.372311%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.627689%
Group 6 - 15 Year Fixed
CPR 12.007602%
Subordinate % 2.400283%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.599717%
Group