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 2003-11 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-18 54-2139182
Pooling and Servicing Agreement) (Commission 54-2139183
(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 2003-11
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 2003-11 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 2003-11 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 2003-11 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: 2003-11
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 05948KJJ9 SEN 6.00000% 125,823,710.50 626,938.65 1,751,681.09
1-A-R 05948KJK6 SEN 6.00000% 0.00 0.00 0.00
1-A-LR 05948KJL4 SEN 6.00000% 0.00 0.00 0.00
2-A-1 05948KJM2 SEN 6.00000% 60,465,924.26 301,282.04 1,452,569.07
CB-IO 05948KJN0 IO 0.32996% 0.00 23,902.36 0.00
3-A-1 05948KJP5 SEN 6.00000% 12,720,024.54 63,379.74 426,705.96
3-IO 05948KJQ3 IO 0.48757% 0.00 2,155.74 0.00
4-A-1 05948KJR1 SEN 4.75000% 45,921,825.30 181,773.89 658,924.69
4-A-2 05948KJS9 SEN 4.75000% 651,606.81 2,579.28 9,349.80
5-A-1 05948KJT7 SEN 5.50000% 39,453,124.96 180,826.82 326,275.43
5-A-2 05948KJU4 SEN 5.50000% 554,699.68 2,542.37 4,587.34
15-IO 05948KJV2 IO 0.35103% 0.00 20,046.93 0.00
PO 05948KJW0 PO 0.00000% 6,671,530.30 0.00 75,798.59
15-B-1 05948KKA6 SUB 5.10799% 1,241,894.48 5,286.32 5,018.76
15-B-2 05948KKB4 SUB 5.10799% 476,903.05 2,030.01 1,927.27
15-B-3 05948KJH3 SUB 5.10799% 333,832.14 1,421.01 1,349.09
15-B-4 05948KKG3 SUB 5.10799% 190,761.22 812.00 770.91
15-B-5 05948KKH1 SUB 5.10799% 96,353.88 410.15 389.39
15-B-6 05948KKJ7 SUB 5.10799% 191,002.60 813.03 771.88
30-B-1 05948KJX8 SUB 6.00000% 5,701,224.67 28,407.35 5,991.30
30-B-2 05948KJY6 SUB 6.00000% 2,612,316.63 13,016.32 2,745.23
30-B-3 05948KJZ3 SUB 6.00000% 1,188,499.81 5,921.91 1,248.97
30-B-4 05948KKD0 SUB 6.00000% 1,543,957.57 7,693.04 1,622.51
30-B-5 05948KKE8 SUB 6.00000% 949,211.21 4,729.61 997.51
30-B-6 05948KKF5 SUB 6.00000% 1,069,903.08 5,330.97 1,124.33
SES 05948KKC2 SEN 0.00000% 0.00 54,072.41 0.00
Totals 307,858,306.69 1,535,371.95 4,729,849.12
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-A-1 0.00 124,072,029.42 2,378,619.74 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 59,013,355.19 1,753,851.11 0.00
CB-IO 0.00 0.00 23,902.36 0.00
3-A-1 0.00 12,293,318.59 490,085.70 0.00
3-IO 0.00 0.00 2,155.74 0.00
4-A-1 0.00 45,262,900.61 840,698.58 0.00
4-A-2 0.00 642,257.01 11,929.08 0.00
5-A-1 0.00 39,126,849.53 507,102.25 0.00
5-A-2 0.00 550,112.35 7,129.71 0.00
15-IO 0.00 0.00 20,046.93 0.00
PO 0.00 6,595,731.71 75,798.59 0.00
15-B-1 0.00 1,236,875.72 10,305.08 0.00
15-B-2 0.00 474,975.78 3,957.28 0.00
15-B-3 0.00 332,483.05 2,770.10 0.00
15-B-4 0.00 189,990.31 1,582.91 0.00
15-B-5 0.00 95,964.50 799.54 0.00
15-B-6 0.00 190,230.72 1,584.91 0.00
30-B-1 0.00 5,695,233.37 34,398.65 0.00
30-B-2 0.00 2,609,571.40 15,761.55 0.00
30-B-3 0.00 1,187,250.84 7,170.88 0.00
30-B-4 0.00 1,542,335.06 9,315.55 0.00
30-B-5 0.00 948,213.71 5,727.12 0.00
30-B-6 0.00 1,068,778.75 6,455.30 0.00
SES 0.00 0.00 54,072.41 0.00
Totals 0.00 303,128,457.62 6,265,221.07 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-1 136,100,000.00 125,823,710.50 134,816.70 1,616,864.38 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 67,940,000.00 60,465,924.26 61,824.88 1,390,744.19 0.00 0.00
CB-IO 0.00 0.00 0.00 0.00 0.00 0.00
3-A-1 15,462,000.00 12,720,024.54 12,651.30 414,054.66 0.00 0.00
3-IO 0.00 0.00 0.00 0.00 0.00 0.00
4-A-1 48,839,000.00 45,921,825.30 190,073.78 468,850.91 0.00 0.00
4-A-2 693,000.00 651,606.81 2,697.05 6,652.75 0.00 0.00
5-A-1 44,880,000.00 39,453,124.96 155,210.91 171,064.53 0.00 0.00
5-A-2 631,000.00 554,699.68 2,182.22 2,405.12 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
PO 7,017,645.00 6,671,530.30 9,242.58 66,556.01 0.00 0.00
15-B-1 1,276,000.00 1,241,894.48 5,018.76 0.00 0.00 0.00
15-B-2 490,000.00 476,903.05 1,927.27 0.00 0.00 0.00
15-B-3 343,000.00 333,832.14 1,349.09 0.00 0.00 0.00
15-B-4 196,000.00 190,761.22 770.91 0.00 0.00 0.00
15-B-5 99,000.00 96,353.88 389.39 0.00 0.00 0.00
15-B-6 196,248.00 191,002.60 771.88 0.00 0.00 0.00
30-B-1 5,742,000.00 5,701,224.67 5,991.30 0.00 0.00 0.00
30-B-2 2,631,000.00 2,612,316.63 2,745.23 0.00 0.00 0.00
30-B-3 1,197,000.00 1,188,499.81 1,248.97 0.00 0.00 0.00
30-B-4 1,555,000.00 1,543,957.57 1,622.51 0.00 0.00 0.00
30-B-5 956,000.00 949,211.21 997.51 0.00 0.00 0.00
30-B-6 1,077,555.00 1,069,903.08 1,124.33 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 337,321,548.00 307,858,306.69 592,656.57 4,137,192.55 0.00 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
1-A-1 1,751,681.09 124,072,029.42 0.91162402 1,751,681.09
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 1,452,569.07 59,013,355.19 0.86860988 1,452,569.07
CB-IO 0.00 0.00 0.00000000 0.00
3-A-1 426,705.96 12,293,318.59 0.79506652 426,705.96
3-IO 0.00 0.00 0.00000000 0.00
4-A-1 658,924.69 45,262,900.61 0.92677779 658,924.69
4-A-2 9,349.80 642,257.01 0.92677779 9,349.80
5-A-1 326,275.43 39,126,849.53 0.87181037 326,275.43
5-A-2 4,587.34 550,112.35 0.87181038 4,587.34
15-IO 0.00 0.00 0.00000000 0.00
PO 75,798.59 6,595,731.71 0.93987822 75,798.59
15-B-1 5,018.76 1,236,875.72 0.96933834 5,018.76
15-B-2 1,927.27 474,975.78 0.96933833 1,927.27
15-B-3 1,349.09 332,483.05 0.96933834 1,349.09
15-B-4 770.91 189,990.31 0.96933832 770.91
15-B-5 389.39 95,964.50 0.96933838 389.39
15-B-6 771.88 190,230.72 0.96933839 771.88
30-B-1 5,991.30 5,695,233.37 0.99185534 5,991.30
30-B-2 2,745.23 2,609,571.40 0.99185534 2,745.23
30-B-3 1,248.97 1,187,250.84 0.99185534 1,248.97
30-B-4 1,622.51 1,542,335.06 0.99185534 1,622.51
30-B-5 997.51 948,213.71 0.99185535 997.51
30-B-6 1,124.33 1,068,778.75 0.99185540 1,124.33
SES 0.00 0.00 0.00000000 0.00
Totals 4,729,849.12 303,128,457.62 0.89863354 4,729,849.12
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-1 136,100,000.00 924.49456650 0.99057090 11.87997340 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 67,940,000.00 889.99005387 0.90999235 20.47018237 0.00000000
CB-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
3-A-1 15,462,000.00 822.66359721 0.81821886 26.77885526 0.00000000
3-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 48,839,000.00 940.26956531 3.89184422 9.59992854 0.00000000
4-A-2 693,000.00 940.26956710 3.89184704 9.59992785 0.00000000
5-A-1 44,880,000.00 879.08032442 3.45835361 3.81159826 0.00000000
5-A-2 631,000.00 879.08031696 3.45835182 3.81160063 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 7,017,645.00 950.67936608 1.31704867 9.48409474 0.00000000
15-B-1 1,276,000.00 973.27153605 3.93319749 0.00000000 0.00000000
15-B-2 490,000.00 973.27153061 3.93320408 0.00000000 0.00000000
15-B-3 343,000.00 973.27154519 3.93320700 0.00000000 0.00000000
15-B-4 196,000.00 973.27153061 3.93321429 0.00000000 0.00000000
15-B-5 99,000.00 973.27151515 3.93323232 0.00000000 0.00000000
15-B-6 196,248.00 973.27157474 3.93318658 0.00000000 0.00000000
30-B-1 5,742,000.00 992.89875827 1.04341693 0.00000000 0.00000000
30-B-2 2,631,000.00 992.89875713 1.04341695 0.00000000 0.00000000
30-B-3 1,197,000.00 992.89875522 1.04341688 0.00000000 0.00000000
30-B-4 1,555,000.00 992.89875884 1.04341479 0.00000000 0.00000000
30-B-5 956,000.00 992.89875523 1.04342050 0.00000000 0.00000000
30-B-6 1,077,555.00 992.89881259 1.04340846 0.00000000 0.00000000
SES 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All deals 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 12.87054438 911.62402219 0.91162402 12.87054438
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 21.38017471 868.60987916 0.86860988 21.38017471
CB-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
3-A-1 0.00000000 27.59707412 795.06652374 0.79506652 27.59707412
3-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 0.00000000 13.49177276 926.77779254 0.92677779 13.49177276
4-A-2 0.00000000 13.49177489 926.77779221 0.92677779 13.49177489
5-A-1 0.00000000 7.26995165 871.81037277 0.87181037 7.26995165
5-A-2 0.00000000 7.26995246 871.81038035 0.87181038 7.26995246
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 10.80114340 939.87822268 0.93987822 10.80114340
15-B-1 0.00000000 3.93319749 969.33833856 0.96933834 3.93319749
15-B-2 0.00000000 3.93320408 969.33832653 0.96933833 3.93320408
15-B-3 0.00000000 3.93320700 969.33833819 0.96933834 3.93320700
15-B-4 0.00000000 3.93321429 969.33831633 0.96933832 3.93321429
15-B-5 0.00000000 3.93323232 969.33838384 0.96933838 3.93323232
15-B-6 0.00000000 3.93318658 969.33838816 0.96933839 3.93318658
30-B-1 0.00000000 1.04341693 991.85534134 0.99185534 1.04341693
30-B-2 0.00000000 1.04341695 991.85534017 0.99185534 1.04341695
30-B-3 0.00000000 1.04341688 991.85533835 0.99185534 1.04341688
30-B-4 0.00000000 1.04341479 991.85534405 0.99185534 1.04341479
30-B-5 0.00000000 1.04342050 991.85534519 0.99185535 1.04342050
30-B-6 0.00000000 1.04340846 991.85540413 0.99185540 1.04340846
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-1 136,100,000.00 6.00000% 125,823,710.50 629,118.55 0.00 0.00
1-A-R 50.00 6.00000% 0.00 0.00 0.00 0.00
1-A-LR 50.00 6.00000% 0.00 0.00 0.00 0.00
2-A-1 67,940,000.00 6.00000% 60,465,924.26 302,329.62 0.00 0.00
CB-IO 0.00 0.32996% 87,255,979.72 23,992.67 0.00 0.00
3-A-1 15,462,000.00 6.00000% 12,720,024.54 63,600.12 0.00 0.00
3-IO 0.00 0.48757% 5,324,079.05 2,163.24 0.00 0.00
4-A-1 48,839,000.00 4.75000% 45,921,825.30 181,773.89 0.00 0.00
4-A-2 693,000.00 4.75000% 651,606.81 2,579.28 0.00 0.00
5-A-1 44,880,000.00 5.50000% 39,453,124.96 180,826.82 0.00 0.00
5-A-2 631,000.00 5.50000% 554,699.68 2,542.37 0.00 0.00
15-IO 0.00 0.35103% 68,531,101.29 20,046.93 0.00 0.00
PO 7,017,645.00 0.00000% 6,671,530.30 0.00 0.00 0.00
15-B-1 1,276,000.00 5.10799% 1,241,894.48 5,286.32 0.00 0.00
15-B-2 490,000.00 5.10799% 476,903.05 2,030.01 0.00 0.00
15-B-3 343,000.00 5.10799% 333,832.14 1,421.01 0.00 0.00
15-B-4 196,000.00 5.10799% 190,761.22 812.00 0.00 0.00
15-B-5 99,000.00 5.10799% 96,353.88 410.15 0.00 0.00
15-B-6 196,248.00 5.10799% 191,002.60 813.03 0.00 0.00
30-B-1 5,742,000.00 6.00000% 5,701,224.67 28,506.12 0.00 0.00
30-B-2 2,631,000.00 6.00000% 2,612,316.63 13,061.58 0.00 0.00
30-B-3 1,197,000.00 6.00000% 1,188,499.81 5,942.50 0.00 0.00
30-B-4 1,555,000.00 6.00000% 1,543,957.57 7,719.79 0.00 0.00
30-B-5 956,000.00 6.00000% 949,211.21 4,746.06 0.00 0.00
30-B-6 1,077,555.00 6.00000% 1,069,903.08 5,349.52 0.00 0.00
SES 0.00 0.00000% 307,858,307.44 0.00 0.00 0.00
Totals 337,321,548.00 1,485,071.58 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 2,179.90 0.00 626,938.65 0.00 124,072,029.42
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 1,047.58 0.00 301,282.04 0.00 59,013,355.19
CB-IO 90.31 0.00 23,902.36 0.00 85,100,105.44
3-A-1 220.38 0.00 63,379.74 0.00 12,293,318.59
3-IO 7.50 0.00 2,155.74 0.00 5,317,958.88
4-A-1 0.00 0.00 181,773.89 0.00 45,262,900.61
4-A-2 0.00 0.00 2,579.28 0.00 642,257.01
5-A-1 0.00 0.00 180,826.82 0.00 39,126,849.53
5-A-2 0.00 0.00 2,542.37 0.00 550,112.35
15-IO 0.00 0.00 20,046.93 0.00 67,801,003.47
PO 0.00 0.00 0.00 0.00 6,595,731.71
15-B-1 0.00 0.00 5,286.32 0.00 1,236,875.72
15-B-2 0.00 0.00 2,030.01 0.00 474,975.78
15-B-3 0.00 0.00 1,421.01 0.00 332,483.05
15-B-4 0.00 0.00 812.00 0.00 189,990.31
15-B-5 0.00 0.00 410.15 0.00 95,964.50
15-B-6 0.00 0.00 813.03 0.00 190,230.72
30-B-1 98.77 0.00 28,407.35 0.00 5,695,233.37
30-B-2 45.26 0.00 13,016.32 0.00 2,609,571.40
30-B-3 20.59 0.00 5,921.91 0.00 1,187,250.84
30-B-4 26.75 0.00 7,693.04 0.00 1,542,335.06
30-B-5 16.45 0.00 4,729.61 0.00 948,213.71
30-B-6 18.54 0.00 5,330.97 0.00 1,068,778.75
SES 0.00 0.00 54,072.41 0.00 303,128,458.32
Totals 3,772.03 0.00 1,535,371.95 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-1 136,100,000.00 6.00000% 924.49456650 4.62247281 0.00000000 0.00000000
1-A-R 50.00 6.00000% 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 50.00 6.00000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 67,940,000.00 6.00000% 889.99005387 4.44995025 0.00000000 0.00000000
CB-IO 0.00 0.32996% 884.62092860 0.24324313 0.00000000 0.00000000
3-A-1 15,462,000.00 6.00000% 822.66359721 4.11331781 0.00000000 0.00000000
3-IO 0.00 0.48757% 818.17097091 0.33243311 0.00000000 0.00000000
4-A-1 48,839,000.00 4.75000% 940.26956531 3.72190033 0.00000000 0.00000000
4-A-2 693,000.00 4.75000% 940.26956710 3.72190476 0.00000000 0.00000000
5-A-1 44,880,000.00 5.50000% 879.08032442 4.02911809 0.00000000 0.00000000
5-A-2 631,000.00 5.50000% 879.08031696 4.02911252 0.00000000 0.00000000
15-IO 0.00 0.35103% 923.85590420 0.27024919 0.00000000 0.00000000
PO 7,017,645.00 0.00000% 950.67936608 0.00000000 0.00000000 0.00000000
15-B-1 1,276,000.00 5.10799% 973.27153605 4.14288401 0.00000000 0.00000000
15-B-2 490,000.00 5.10799% 973.27153061 4.14287755 0.00000000 0.00000000
15-B-3 343,000.00 5.10799% 973.27154519 4.14288630 0.00000000 0.00000000
15-B-4 196,000.00 5.10799% 973.27153061 4.14285714 0.00000000 0.00000000
15-B-5 99,000.00 5.10799% 973.27151515 4.14292929 0.00000000 0.00000000
15-B-6 196,248.00 5.10799% 973.27157474 4.14287025 0.00000000 0.00000000
30-B-1 5,742,000.00 6.00000% 992.89875827 4.96449321 0.00000000 0.00000000
30-B-2 2,631,000.00 6.00000% 992.89875713 4.96449259 0.00000000 0.00000000
30-B-3 1,197,000.00 6.00000% 992.89875522 4.96449457 0.00000000 0.00000000
30-B-4 1,555,000.00 6.00000% 992.89875884 4.96449518 0.00000000 0.00000000
30-B-5 956,000.00 6.00000% 992.89875523 4.96449791 0.00000000 0.00000000
30-B-6 1,077,555.00 6.00000% 992.89881259 4.96449833 0.00000000 0.00000000
SES 0.00 0.00000% 912.65532408 0.00000000 0.00000000 0.00000000
<FN>
(5) All deals 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 0.01601690 0.00000000 4.60645591 0.00000000 911.62402219
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 0.01541919 0.00000000 4.43453106 0.00000000 868.60987916
CB-IO 0.00091558 0.00000000 0.24232755 0.00000000 862.76418578
3-A-1 0.01425301 0.00000000 4.09906480 0.00000000 795.06652374
3-IO 0.00115255 0.00000000 0.33128056 0.00000000 817.23046169
4-A-1 0.00000000 0.00000000 3.72190033 0.00000000 926.77779254
4-A-2 0.00000000 0.00000000 3.72190476 0.00000000 926.77779221
5-A-1 0.00000000 0.00000000 4.02911809 0.00000000 871.81037277
5-A-2 0.00000000 0.00000000 4.02911252 0.00000000 871.81038035
15-IO 0.00000000 0.00000000 0.27024919 0.00000000 914.01358197
PO 0.00000000 0.00000000 0.00000000 0.00000000 939.87822268
15-B-1 0.00000000 0.00000000 4.14288401 0.00000000 969.33833856
15-B-2 0.00000000 0.00000000 4.14287755 0.00000000 969.33832653
15-B-3 0.00000000 0.00000000 4.14288630 0.00000000 969.33833819
15-B-4 0.00000000 0.00000000 4.14285714 0.00000000 969.33831633
15-B-5 0.00000000 0.00000000 4.14292929 0.00000000 969.33838384
15-B-6 0.00000000 0.00000000 4.14287025 0.00000000 969.33838816
30-B-1 0.01720132 0.00000000 4.94729188 0.00000000 991.85534134
30-B-2 0.01720258 0.00000000 4.94729000 0.00000000 991.85534017
30-B-3 0.01720134 0.00000000 4.94729323 0.00000000 991.85533835
30-B-4 0.01720257 0.00000000 4.94729260 0.00000000 991.85534405
30-B-5 0.01720711 0.00000000 4.94729079 0.00000000 991.85534519
30-B-6 0.01720562 0.00000000 4.94728343 0.00000000 991.85540413
SES 0.00000000 0.00000000 0.16029931 0.00000000 898.63354238
<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 0.31194% 62,960,889.19 61,581,107.26 0.00 0.00 88.28606722%
2-IO 0.37666% 24,295,090.53 23,518,998.18 0.00 0.00 81.42346416%
3-IO-1 0.48757% 5,324,079.05 5,317,958.88 0.00 0.00 7.62411876%
4-IO 0.41962% 36,838,063.57 36,400,130.28 0.00 0.00 92.65016241%
5-IO 0.27130% 31,693,037.72 31,400,873.19 0.00 0.00 89.99521739%
1-PO 0.00000% 0.00 0.00 3,839,960.53 3,811,463.91 94.33886947%
2-PO 0.00000% 0.00 0.00 2,031,943.11 1,992,647.34 93.55261635%
3-PO 0.00000% 0.00 0.00 375,915.21 374,985.79 92.48107519%
4-PO 0.00000% 0.00 0.00 410,708.23 403,690.78 94.80337420%
5-PO 0.00000% 0.00 0.00 13,003.21 12,943.88 79.93009757%
1-SES 0.00000% 137,759,952.37 135,971,099.72 0.00 0.00 91.68925602%
2-SES 0.00000% 66,548,691.82 65,052,685.12 0.00 0.00 87.73237735%
3-SES 0.00000% 14,013,947.28 13,585,398.86 0.00 0.00 80.90535526%
4-SES 0.00000% 48,306,925.41 47,626,158.36 0.00 0.00 92.80615890%
5-SES 0.00000% 41,228,790.56 40,893,116.26 0.00 0.00 87.43940722%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 6,279,972.66
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 6,279,972.66
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 14,751.59
Payment of Interest and Principal 6,265,221.07
Total Withdrawals (Pool Distribution Amount) 6,279,972.66
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 3,772.03
SERVICING FEES
<s> <c>
Gross Servicing Fee 12,827.43
Trustee Fee - Wells Fargo Bank, N.A. 1,924.16
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 14,751.59
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
208,600.20 0.00 0.00 208,600.20
30 Days 20 0 0 0 20
2,363,695.62 0.00 0.00 0.00 2,363,695.62
60 Days 2 0 0 0 2
170,472.08 0.00 0.00 0.00 170,472.08
90 Days 1 0 0 0 1
67,615.00 0.00 0.00 0.00 67,615.00
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 1 0 1
0.00 0.00 167,709.89 0.00 167,709.89
Totals 23 2 1 0 26
2,601,782.70 208,600.20 167,709.89 0.00 2,978,092.79
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 0.078771% 0.000000% 0.000000% 0.078771%
0.068706% 0.000000% 0.000000% 0.068706%
30 Days 0.787712% 0.000000% 0.000000% 0.000000% 0.787712%
0.778527% 0.000000% 0.000000% 0.000000% 0.778527%
60 Days 0.078771% 0.000000% 0.000000% 0.000000% 0.078771%
0.056148% 0.000000% 0.000000% 0.000000% 0.056148%
90 Days 0.039386% 0.000000% 0.000000% 0.000000% 0.039386%
0.022270% 0.000000% 0.000000% 0.000000% 0.022270%
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% 0.039386% 0.000000% 0.039386%
0.000000% 0.000000% 0.055238% 0.000000% 0.055238%
Totals 0.905868% 0.078771% 0.039386% 0.000000% 1.024025%
0.856945% 0.068706% 0.055238% 0.000000% 0.980890%
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 6 0 0 0 6
796,130.50 0.00 0.00 0.00 796,130.50
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 1 0 0 0 1
67,615.00 0.00 0.00 0.00 67,615.00
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
863,745.50 0.00 0.00 0.00 863,745.50
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.518583% 0.000000% 0.000000% 0.000000% 0.518583%
0.585007% 0.000000% 0.000000% 0.000000% 0.585007%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.086430% 0.000000% 0.000000% 0.000000% 0.086430%
0.049684% 0.000000% 0.000000% 0.000000% 0.049684%
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 0.605013% 0.000000% 0.000000% 0.000000% 0.605013%
0.634691% 0.000000% 0.000000% 0.000000% 0.634691%
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 8 0 0 0 8
1,033,368.59 0.00 0.00 0.00 1,033,368.59
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 1 0 1
0.00 0.00 167,709.89 0.00 167,709.89
Totals 8 0 1 0 9
1,033,368.59 0.00 167,709.89 0.00 1,201,078.48
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.818182% 0.000000% 0.000000% 0.000000% 1.818182%
1.587233% 0.000000% 0.000000% 0.000000% 1.587233%
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% 0.227273% 0.000000% 0.227273%
0.000000% 0.000000% 0.257599% 0.000000% 0.257599%
Totals 1.818182% 0.000000% 0.227273% 0.000000% 2.045455%
1.587233% 0.000000% 0.257599% 0.000000% 1.844831%
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 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>
4 - 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 5 0 0 0 5
405,813.03 0.00 0.00 0.00 405,813.03
60 Days 2 0 0 0 2
170,472.08 0.00 0.00 0.00 170,472.08
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
576,285.11 0.00 0.00 0.00 576,285.11
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.086957% 0.000000% 0.000000% 0.000000% 1.086957%
0.849158% 0.000000% 0.000000% 0.000000% 0.849158%
60 Days 0.434783% 0.000000% 0.000000% 0.000000% 0.434783%
0.356710% 0.000000% 0.000000% 0.000000% 0.356710%
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 1.521739% 0.000000% 0.000000% 0.000000% 1.521739%
1.205868% 0.000000% 0.000000% 0.000000% 1.205868%
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
208,600.20 0.00 0.00 208,600.20
30 Days 1 0 0 0 1
128,383.50 0.00 0.00 0.00 128,383.50
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 1 2 0 0 3
128,383.50 208,600.20 0.00 0.00 336,983.70
0-29 Days 0.443459% 0.000000% 0.000000% 0.443459%
0.508422% 0.000000% 0.000000% 0.508422%
30 Days 0.221729% 0.000000% 0.000000% 0.000000% 0.221729%
0.312909% 0.000000% 0.000000% 0.000000% 0.312909%
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 0.221729% 0.443459% 0.000000% 0.000000% 0.665188%
0.312909% 0.508422% 0.000000% 0.000000% 0.821331%
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 Fixed
Weighted Average Gross Coupon 6.046156%
Weighted Average Pass-Through Rate 5.788654%
Weighted Average Maturity(Stepdown Calculation ) 277
Beginning Scheduled Collateral Loan Count 2,567
Number Of Loans Paid In Full 28
Ending Scheduled Collateral Loan Count 2,539
Beginning Scheduled Collateral Balance 307,858,307.44
Ending Scheduled Collateral Balance 303,128,458.32
Ending Actual Collateral Balance at 31-Jul-2004 303,611,288.51
Monthly P &I Constant 2,143,789.42
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 5,963,268.27
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 303,128,458.32
Scheduled Principal 592,656.57
Unscheduled Principal 4,137,192.55
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 6.232823 6.211808 6.281791
Weighted Average Net Rate 5.982823 5.961808 6.031792
Weighted Average Maturity 345 350 351
Beginning Loan Count 1,169 448 32
Loans Paid In Full 12 8 1
Ending Loan Count 1,157 440 31
Beginning Scheduled Balance 137,759,952.37 66,548,691.82 14,013,947.28
Ending scheduled Balance 135,971,099.72 65,052,685.12 13,585,398.86
Record Date 07/31/2004 07/31/2004 07/31/2004
Principal And Interest Constant 863,751.09 412,724.82 87,329.01
Scheduled Principal 148,223.22 68,235.06 13,968.44
Unscheduled Principal 1,640,629.43 1,427,771.64 414,579.98
Scheduled Interest 715,527.87 344,489.76 73,360.57
Servicing Fees 28,700.00 13,864.33 2,919.56
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 861.00 415.96 87.60
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 685,966.87 330,209.47 70,353.41
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 5.975323 5.954308 6.024291
Group Level Collateral Statement
Group 4 - 15 Year Fixed 5 - 15 Year Fixed Total
Collateral Description Mixed Fixed Mixed Fixed Fixed
Weighted Average Coupon Rate 5.287113 5.964313 6.046156
Weighted Average Net Rate 5.037113 5.714312 5.796154
Weighted Average Maturity 168 168 277
Beginning Loan Count 463 455 2,567
Loans Paid In Full 3 4 28
Ending Loan Count 460 451 2,539
Beginning Scheduled Balance 48,306,925.41 41,228,790.56 307,858,307.44
Ending scheduled Balance 47,626,158.36 40,893,116.26 303,128,458.32
Record Date 07/31/2004 07/31/2004 07/31/2004
Principal And Interest Constant 412,865.86 367,118.64 2,143,789.42
Scheduled Principal 200,029.04 162,200.81 592,656.57
Unscheduled Principal 480,738.01 173,473.49 4,137,192.55
Scheduled Interest 212,836.82 204,917.83 1,551,132.85
Servicing Fees 10,063.94 8,589.34 64,137.17
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 301.91 257.69 1,924.16
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 202,470.97 196,070.80 1,485,071.52
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 5.029613 5.706813 5.788654
Miscellaneous Reporting
Group 1 - 30 Year Fixed
CPR 13.404785%
Senior % 93.954390%
Senior Prepayment % 100.000000%
Subordinate % 6.045610%
Subordinate Prepayment % 0.000000%
Group 2 - 30 Year Fixed
CPR 22.935424%
Senior % 93.721284%
Senior Prepayment % 100.000000%
Subordinate % 6.278716%
Subordinate Prepayment % 0.000000%
Group 3 - 30 Year Fixed
CPR 30.282762%
Senior % 93.268771%
Senior Prepayment % 100.000000%
Subordinate % 6.731229%
Subordinate Prepayment % 0.000000%
Miscellaneous Reporting
Group 4 - 15 Year Fixed
CPR 11.354121%
Senior % 97.238227%
Senior Prepayment % 100.000000%
Subordinate % 2.761773%
Subordinate Prepayment % 0.000000%
Group 5 - 15 Year Fixed
CPR 4.952913%
Senior % 97.069175%
Senior Prepayment % 100.000000%
Subordinate % 2.930825%
Subordinate Prepayment % 0.000000%
Group