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 MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2004-1 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-22 54-2142312
Pooling and Servicing Agreement) (Commission 54-2142313
(State or other File Number) 54-2142314
jurisdiction IRS EIN
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
MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2004-1
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 2004-1 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 MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2004-1 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: 8/31/04
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2004-1 Trust,
relating to the August 25, 2004 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 7/31/04
Distribution Date: 8/25/04
BAM Series: 2004-1
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-A1 05948XU82 SEN 5.50000% 1,759,293.61 8,063.43 6,492.97
1-A2 05948XU90 SEN 5.50000% 4,431,000.00 20,308.75 0.00
1-A3 05948XV24 SEN 5.50000% 7,929,000.00 36,341.25 0.00
1-A4 05948XV32 SEN 5.50000% 12,023,000.00 55,105.42 0.00
1-A5 05948XV40 SEN 5.50000% 2,559,282.73 11,730.05 9,445.47
1-A6 05948XV57 SEN 5.50000% 3,000,000.00 13,750.00 0.00
1-A7 05948XV65 SEN 5.50000% 5,000,000.00 22,916.67 0.00
1-A8 05948XV73 SEN 2.96000% 533,183.90 1,315.19 1,967.81
1-A9 05948XV81 SEN 8.04000% 533,183.90 3,572.33 1,967.81
1-A10 05948XV99 SEN 3.25000% 4,318,416.39 11,695.71 15,937.84
1-A11 05948XW23 SEN 11.13095% 1,454,867.56 13,495.05 5,369.43
1-A12 05948XW31 SEN 8.50000% 508,048.97 3,598.68 1,875.04
1-A13 05948XW49 SEN 4.00000% 24,348,368.79 81,161.24 151,318.40
1-A14 05948XW56 SEN 4.00000% 34,069,725.30 113,565.76 534,389.99
1-A15 05948XW64 SEN 4.62500% 51,918,000.00 200,100.64 0.00
1-A16 05948XW72 SEN 5.50000% 0.00 115,302.63 0.00
1-A17 05948XW80 SEN 5.25000% 21,231,000.00 92,885.63 0.00
1-A18 05948XW98 SEN 5.50000% 22,864,000.00 104,793.34 0.00
1-A19 05948XX22 SEN 5.50000% 8,594,000.00 39,389.17 0.00
1-A20 05948XX30 SEN 5.50000% 1,500,000.00 6,875.00 0.00
1-AR 05948XX48 SEN 5.50000% 0.00 0.00 0.00
1-AMR 05948XX63 SEN 5.50000% 0.00 0.00 0.00
1-ALR 05948XX55 SEN 5.50000% 0.00 0.00 0.00
2-A1 05948XX71 SEN 5.50000% 80,615,075.82 369,485.77 880,167.13
2-A2 05948XX89 SEN 5.50000% 2,322,873.62 10,646.50 25,361.47
3-A1 05948XX97 SEN 5.00000% 66,148,741.22 275,619.76 1,253,741.01
4-A1 05948XY21 SEN 5.00000% 25,388,878.41 105,787.00 113,626.23
4-A2 05948XY39 SEN 5.00000% 732,043.15 3,050.18 3,276.21
5-A1 05948XY47 SEN 6.50000% 149,531,086.50 806,437.06 12,229,221.70
5-AIO 05948XY54 IO 0.51006% 0.00 57,277.88 0.00
PO 05948XY62 PO 0.00000% 1,523,503.95 0.00 28,741.68
30-IO 05948XY88 IO 0.29369% 0.00 55,276.25 0.00
15-IO 05948XY70 IO 0.25702% 0.00 10,771.42 0.00
1-B1 05948XY96 SUB 5.50000% 4,184,153.22 19,177.37 4,412.23
1-B2 05948XZ20 SUB 5.50000% 1,569,305.92 7,192.65 1,654.85
1-B3 05948XZ38 SUB 5.50000% 784,156.03 3,594.05 826.90
1-B4 05948X2E0 SUB 5.50000% 522,770.69 2,396.03 551.27
1-B5 05948X2F7 SUB 5.50000% 392,574.95 1,799.30 413.97
1-B6 05948X2G5 SUB 5.50000% 392,675.33 1,799.76 414.08
X-B1 05948XZ46 SUB 5.37468% 1,614,241.91 7,230.03 2,855.22
X-B2 05948XZ53 SUB 5.37468% 585,917.36 2,624.27 1,036.35
X-B3 05948XZ61 SUB 5.37468% 440,427.74 1,972.63 779.01
X-B4 05948X2H3 SUB 5.37468% 219,719.01 984.10 388.63
X-B5 05948X2J9 SUB 5.37468% 220,708.74 988.53 390.38
X-B6 05948X2K6 SUB 5.37468% 146,910.86 658.00 259.85
3-B1 05948XZ79 SUB 5.00000% 548,343.61 2,284.77 2,177.02
3-B2 05948XZ87 SUB 5.00000% 168,119.61 700.50 667.46
3-B3 05948XZ95 SUB 5.00000% 127,067.15 529.45 504.48
3-B4 05948X2L4 SUB 5.00000% 126,089.71 525.37 500.60
3-B5 05948X2M2 SUB 5.00000% 42,029.90 175.12 166.87
3-B6 05948X2N0 SUB 5.00000% 85,072.43 354.47 337.75
5-B1 05948X2A8 SUB 6.50000% 3,839,160.16 20,705.00 7,386.33
5-B2 05948X2B6 SUB 6.50000% 549,299.79 2,962.43 1,056.82
5-B3 05948X2C4 SUB 6.50000% 410,737.68 2,215.15 790.24
5-B4 05948X2P5 SUB 6.50000% 274,155.03 1,478.55 527.46
5-B5 05948X2Q3 SUB 6.50000% 274,155.03 1,478.55 527.46
5-B6 05948X2R1 SUB 6.50000% 137,916.26 743.80 265.34
SES 05948X2D2 SEN 0.00000% 0.00 100,925.58 0.00
Totals 552,492,281.94 2,835,813.22 15,291,790.76
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-A1 0.00 1,752,800.64 14,556.40 0.00
1-A2 0.00 4,431,000.00 20,308.75 0.00
1-A3 0.00 7,929,000.00 36,341.25 0.00
1-A4 0.00 12,023,000.00 55,105.42 0.00
1-A5 0.00 2,549,837.27 21,175.52 0.00
1-A6 0.00 3,000,000.00 13,750.00 0.00
1-A7 0.00 5,000,000.00 22,916.67 0.00
1-A8 0.00 531,216.10 3,283.00 0.00
1-A9 0.00 531,216.10 5,540.14 0.00
1-A10 0.00 4,302,478.54 27,633.55 0.00
1-A11 0.00 1,449,498.13 18,864.48 0.00
1-A12 0.00 506,173.93 5,473.72 0.00
1-A13 0.00 24,197,050.40 232,479.64 0.00
1-A14 0.00 33,535,335.30 647,955.75 0.00
1-A15 0.00 51,918,000.00 200,100.64 0.00
1-A16 0.00 0.00 115,302.63 0.00
1-A17 0.00 21,231,000.00 92,885.63 0.00
1-A18 0.00 22,864,000.00 104,793.34 0.00
1-A19 0.00 8,594,000.00 39,389.17 0.00
1-A20 0.00 1,500,000.00 6,875.00 0.00
1-AR 0.00 0.00 0.00 0.00
1-AMR 0.00 0.00 0.00 0.00
1-ALR 0.00 0.00 0.00 0.00
2-A1 0.00 79,734,908.69 1,249,652.90 0.00
2-A2 0.00 2,297,512.15 36,007.97 0.00
3-A1 0.00 64,895,000.22 1,529,360.77 0.00
4-A1 0.00 25,275,252.19 219,413.23 0.00
4-A2 0.00 728,766.94 6,326.39 0.00
5-A1 0.00 137,301,864.80 13,035,658.76 0.00
5-AIO 0.00 0.00 57,277.88 0.00
PO 0.00 1,494,762.28 28,741.68 0.00
30-IO 0.00 0.00 55,276.25 0.00
15-IO 0.00 0.00 10,771.42 0.00
1-B1 0.00 4,179,740.99 23,589.60 0.00
1-B2 0.00 1,567,651.07 8,847.50 0.00
1-B3 0.00 783,329.13 4,420.95 0.00
1-B4 0.00 522,219.42 2,947.30 0.00
1-B5 0.00 392,160.97 2,213.27 0.00
1-B6 0.00 392,261.25 2,213.84 0.00
X-B1 0.00 1,611,386.70 10,085.25 0.00
X-B2 0.00 584,881.01 3,660.62 0.00
X-B3 0.00 439,648.73 2,751.64 0.00
X-B4 0.00 219,330.38 1,372.73 0.00
X-B5 0.00 220,318.35 1,378.91 0.00
X-B6 0.00 146,651.01 917.85 0.00
3-B1 0.00 546,166.58 4,461.79 0.00
3-B2 0.00 167,452.14 1,367.96 0.00
3-B3 0.00 126,562.67 1,033.93 0.00
3-B4 0.00 125,589.11 1,025.97 0.00
3-B5 0.00 41,863.04 341.99 0.00
3-B6 0.00 84,734.68 692.22 0.00
5-B1 0.00 3,831,773.83 28,091.33 0.00
5-B2 0.00 548,242.97 4,019.25 0.00
5-B3 0.00 409,947.45 3,005.39 0.00
5-B4 0.00 273,627.57 2,006.01 0.00
5-B5 0.00 273,627.57 2,006.01 0.00
5-B6 0.00 137,650.92 1,009.14 0.00
SES 0.00 0.00 100,925.58 0.00
Totals 0.00 537,200,491.22 18,127,603.98 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-A1 8,249,000.00 1,759,293.61 1,959.60 4,533.37 0.00 0.00
1-A2 4,431,000.00 4,431,000.00 0.00 0.00 0.00 0.00
1-A3 7,929,000.00 7,929,000.00 0.00 0.00 0.00 0.00
1-A4 12,023,000.00 12,023,000.00 0.00 0.00 0.00 0.00
1-A5 12,000,000.00 2,559,282.73 2,850.67 6,594.79 0.00 0.00
1-A6 3,000,000.00 3,000,000.00 0.00 0.00 0.00 0.00
1-A7 5,000,000.00 5,000,000.00 0.00 0.00 0.00 0.00
1-A8 2,500,000.00 533,183.90 593.89 1,373.91 0.00 0.00
1-A9 2,500,000.00 533,183.90 593.89 1,373.91 0.00 0.00
1-A10 20,248,250.00 4,318,416.39 4,810.10 11,127.75 0.00 0.00
1-A11 6,821,603.00 1,454,867.56 1,620.51 3,748.92 0.00 0.00
1-A12 2,382,147.00 508,048.97 565.89 1,309.15 0.00 0.00
1-A13 25,000,000.00 24,348,368.79 45,668.41 105,649.99 0.00 0.00
1-A14 36,371,000.00 34,069,725.30 161,280.71 373,109.28 0.00 0.00
1-A15 51,918,000.00 51,918,000.00 0.00 0.00 0.00 0.00
1-A16 0.00 0.00 0.00 0.00 0.00 0.00
1-A17 21,231,000.00 21,231,000.00 0.00 0.00 0.00 0.00
1-A18 22,864,000.00 22,864,000.00 0.00 0.00 0.00 0.00
1-A19 8,594,000.00 8,594,000.00 0.00 0.00 0.00 0.00
1-A20 1,500,000.00 1,500,000.00 0.00 0.00 0.00 0.00
1-AR 50.00 0.00 0.00 0.00 0.00 0.00
1-AMR 25.00 0.00 0.00 0.00 0.00 0.00
1-ALR 25.00 0.00 0.00 0.00 0.00 0.00
2-A1 105,017,000.00 80,615,075.82 85,106.18 795,060.96 0.00 0.00
2-A2 3,026,000.00 2,322,873.62 2,452.28 22,909.19 0.00 0.00
3-A1 84,959,000.00 66,148,741.22 262,622.15 991,118.85 0.00 0.00
4-A1 35,688,000.00 25,388,878.41 99,035.10 14,591.12 0.00 0.00
4-A2 1,029,000.00 732,043.15 2,855.50 420.71 0.00 0.00
5-A1 270,877,000.00 149,531,086.50 287,689.39 11,941,532.31 0.00 0.00
5-AIO 0.00 0.00 0.00 0.00 0.00 0.00
PO 1,684,723.00 1,523,503.95 3,073.22 25,668.46 0.00 0.00
30-IO 0.00 0.00 0.00 0.00 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
1-B1 4,210,000.00 4,184,153.22 4,412.23 0.00 0.00 0.00
1-B2 1,579,000.00 1,569,305.92 1,654.85 0.00 0.00 0.00
1-B3 789,000.00 784,156.03 826.90 0.00 0.00 0.00
1-B4 526,000.00 522,770.69 551.27 0.00 0.00 0.00
1-B5 395,000.00 392,574.95 413.97 0.00 0.00 0.00
1-B6 395,101.00 392,675.33 414.08 0.00 0.00 0.00
X-B1 1,631,000.00 1,614,241.91 2,855.22 0.00 0.00 0.00
X-B2 592,000.00 585,917.36 1,036.35 0.00 0.00 0.00
X-B3 445,000.00 440,427.74 779.01 0.00 0.00 0.00
X-B4 222,000.00 219,719.01 388.63 0.00 0.00 0.00
X-B5 223,000.00 220,708.74 390.38 0.00 0.00 0.00
X-B6 148,436.00 146,910.86 259.85 0.00 0.00 0.00
3-B1 561,000.00 548,343.61 2,177.02 0.00 0.00 0.00
3-B2 172,000.00 168,119.61 667.46 0.00 0.00 0.00
3-B3 130,000.00 127,067.15 504.48 0.00 0.00 0.00
3-B4 129,000.00 126,089.71 500.60 0.00 0.00 0.00
3-B5 43,000.00 42,029.90 166.87 0.00 0.00 0.00
3-B6 87,036.00 85,072.43 337.75 0.00 0.00 0.00
5-B1 3,879,000.00 3,839,160.16 7,386.33 0.00 0.00 0.00
5-B2 555,000.00 549,299.79 1,056.82 0.00 0.00 0.00
5-B3 415,000.00 410,737.68 790.24 0.00 0.00 0.00
5-B4 277,000.00 274,155.03 527.46 0.00 0.00 0.00
5-B5 277,000.00 274,155.03 527.46 0.00 0.00 0.00
5-B6 139,347.45 137,916.26 265.34 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 774,662,743.45 552,492,281.94 991,668.06 14,300,122.67 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-A1 6,492.97 1,752,800.64 0.21248644 6,492.97
1-A2 0.00 4,431,000.00 1.00000000 0.00
1-A3 0.00 7,929,000.00 1.00000000 0.00
1-A4 0.00 12,023,000.00 1.00000000 0.00
1-A5 9,445.47 2,549,837.27 0.21248644 9,445.47
1-A6 0.00 3,000,000.00 1.00000000 0.00
1-A7 0.00 5,000,000.00 1.00000000 0.00
1-A8 1,967.81 531,216.10 0.21248644 1,967.81
1-A9 1,967.81 531,216.10 0.21248644 1,967.81
1-A10 15,937.84 4,302,478.54 0.21248644 15,937.84
1-A11 5,369.43 1,449,498.13 0.21248644 5,369.43
1-A12 1,875.04 506,173.93 0.21248644 1,875.04
1-A13 151,318.40 24,197,050.40 0.96788202 151,318.40
1-A14 534,389.99 33,535,335.30 0.92203501 534,389.99
1-A15 0.00 51,918,000.00 1.00000000 0.00
1-A16 0.00 0.00 0.00000000 0.00
1-A17 0.00 21,231,000.00 1.00000000 0.00
1-A18 0.00 22,864,000.00 1.00000000 0.00
1-A19 0.00 8,594,000.00 1.00000000 0.00
1-A20 0.00 1,500,000.00 1.00000000 0.00
1-AR 0.00 0.00 0.00000000 0.00
1-AMR 0.00 0.00 0.00000000 0.00
1-ALR 0.00 0.00 0.00000000 0.00
2-A1 880,167.13 79,734,908.69 0.75925716 880,167.13
2-A2 25,361.47 2,297,512.15 0.75925715 25,361.47
3-A1 1,253,741.01 64,895,000.22 0.76383903 1,253,741.01
4-A1 113,626.23 25,275,252.19 0.70822832 113,626.23
4-A2 3,276.21 728,766.94 0.70822832 3,276.21
5-A1 12,229,221.70 137,301,864.80 0.50687901 12,229,221.70
5-AIO 0.00 0.00 0.00000000 0.00
PO 28,741.68 1,494,762.28 0.88724513 28,741.68
30-IO 0.00 0.00 0.00000000 0.00
15-IO 0.00 0.00 0.00000000 0.00
1-B1 4,412.23 4,179,740.99 0.99281259 4,412.23
1-B2 1,654.85 1,567,651.07 0.99281258 1,654.85
1-B3 826.90 783,329.13 0.99281259 826.90
1-B4 551.27 522,219.42 0.99281259 551.27
1-B5 413.97 392,160.97 0.99281258 413.97
1-B6 414.08 392,261.25 0.99281260 414.08
X-B1 2,855.22 1,611,386.70 0.98797468 2,855.22
X-B2 1,036.35 584,881.01 0.98797468 1,036.35
X-B3 779.01 439,648.73 0.98797467 779.01
X-B4 388.63 219,330.38 0.98797468 388.63
X-B5 390.38 220,318.35 0.98797466 390.38
X-B6 259.85 146,651.01 0.98797468 259.85
3-B1 2,177.02 546,166.58 0.97355897 2,177.02
3-B2 667.46 167,452.14 0.97355895 667.46
3-B3 504.48 126,562.67 0.97355900 504.48
3-B4 500.60 125,589.11 0.97355899 500.60
3-B5 166.87 41,863.04 0.97355907 166.87
3-B6 337.75 84,734.68 0.97355899 337.75
5-B1 7,386.33 3,831,773.83 0.98782517 7,386.33
5-B2 1,056.82 548,242.97 0.98782517 1,056.82
5-B3 790.24 409,947.45 0.98782518 790.24
5-B4 527.46 273,627.57 0.98782516 527.46
5-B5 527.46 273,627.57 0.98782516 527.46
5-B6 265.34 137,650.92 0.98782518 265.34
SES 0.00 0.00 0.00000000 0.00
Totals 15,291,790.76 537,200,491.22 0.69346370 15,291,790.76
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-A1 8,249,000.00 213.27356164 0.23755607 0.54956601 0.00000000
1-A2 4,431,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A3 7,929,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A4 12,023,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A5 12,000,000.00 213.27356083 0.23755583 0.54956583 0.00000000
1-A6 3,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A7 5,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A8 2,500,000.00 213.27356000 0.23755600 0.54956400 0.00000000
1-A9 2,500,000.00 213.27356000 0.23755600 0.54956400 0.00000000
1-A10 20,248,250.00 213.27356142 0.23755633 0.54956601 0.00000000
1-A11 6,821,603.00 213.27356048 0.23755560 0.54956584 0.00000000
1-A12 2,382,147.00 213.27355952 0.23755461 0.54956726 0.00000000
1-A13 25,000,000.00 973.93475160 1.82673640 4.22599960 0.00000000
1-A14 36,371,000.00 936.72775838 4.43432157 10.25842787 0.00000000
1-A15 51,918,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A16 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A17 21,231,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A18 22,864,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A19 8,594,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A20 1,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-AR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
1-AMR 25.00 0.00000000 0.00000000 0.00000000 0.00000000
1-ALR 25.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A1 105,017,000.00 767.63834255 0.81040384 7.57078340 0.00000000
2-A2 3,026,000.00 767.63834104 0.81040317 7.57078321 0.00000000
3-A1 84,959,000.00 778.59604303 3.09116338 11.66584882 0.00000000
4-A1 35,688,000.00 711.41219486 2.77502522 0.40885228 0.00000000
4-A2 1,029,000.00 711.41219631 2.77502430 0.40885326 0.00000000
5-A1 270,877,000.00 552.02577738 1.06206651 44.08470380 0.00000000
5-AIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 1,684,723.00 904.30530716 1.82416931 15.23601209 0.00000000
30-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-B1 4,210,000.00 993.86062233 1.04803563 0.00000000 0.00000000
1-B2 1,579,000.00 993.86062065 1.04803673 0.00000000 0.00000000
1-B3 789,000.00 993.86062104 1.04803549 0.00000000 0.00000000
1-B4 526,000.00 993.86062738 1.04804183 0.00000000 0.00000000
1-B5 395,000.00 993.86063291 1.04802532 0.00000000 0.00000000
1-B6 395,101.00 993.86063310 1.04803582 0.00000000 0.00000000
X-B1 1,631,000.00 989.72526671 1.75059473 0.00000000 0.00000000
X-B2 592,000.00 989.72527027 1.75059122 0.00000000 0.00000000
X-B3 445,000.00 989.72525843 1.75058427 0.00000000 0.00000000
X-B4 222,000.00 989.72527027 1.75058559 0.00000000 0.00000000
X-B5 223,000.00 989.72529148 1.75058296 0.00000000 0.00000000
X-B6 148,436.00 989.72526880 1.75058611 0.00000000 0.00000000
3-B1 561,000.00 977.43959002 3.88060606 0.00000000 0.00000000
3-B2 172,000.00 977.43959302 3.88058140 0.00000000 0.00000000
3-B3 130,000.00 977.43961538 3.88061538 0.00000000 0.00000000
3-B4 129,000.00 977.43961240 3.88062016 0.00000000 0.00000000
3-B5 43,000.00 977.43953488 3.88069767 0.00000000 0.00000000
3-B6 87,036.00 977.43956524 3.88057815 0.00000000 0.00000000
5-B1 3,879,000.00 989.72935293 1.90418407 0.00000000 0.00000000
5-B2 555,000.00 989.72935135 1.90418018 0.00000000 0.00000000
5-B3 415,000.00 989.72934940 1.90419277 0.00000000 0.00000000
5-B4 277,000.00 989.72935018 1.90418773 0.00000000 0.00000000
5-B5 277,000.00 989.72935018 1.90418773 0.00000000 0.00000000
5-B6 139,347.45 989.72934202 1.90416115 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-A1 0.00000000 0.78712208 212.48643957 0.21248644 0.78712208
1-A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A5 0.00000000 0.78712250 212.48643917 0.21248644 0.78712250
1-A6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A8 0.00000000 0.78712400 212.48644000 0.21248644 0.78712400
1-A9 0.00000000 0.78712400 212.48644000 0.21248644 0.78712400
1-A10 0.00000000 0.78712185 212.48643907 0.21248644 0.78712185
1-A11 0.00000000 0.78712144 212.48643904 0.21248644 0.78712144
1-A12 0.00000000 0.78712187 212.48643765 0.21248644 0.78712187
1-A13 0.00000000 6.05273600 967.88201600 0.96788202 6.05273600
1-A14 0.00000000 14.69274944 922.03500866 0.92203501 14.69274944
1-A15 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A16 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A17 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A18 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A19 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A20 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-AMR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A1 0.00000000 8.38118714 759.25715541 0.75925716 8.38118714
2-A2 0.00000000 8.38118638 759.25715466 0.75925715 8.38118638
3-A1 0.00000000 14.75701232 763.83903083 0.76383903 14.75701232
4-A1 0.00000000 3.18387777 708.22831736 0.70822832 3.18387777
4-A2 0.00000000 3.18387755 708.22831876 0.70822832 3.18387755
5-A1 0.00000000 45.14677031 506.87900708 0.50687901 45.14677031
5-AIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 17.06018141 887.24513169 0.88724513 17.06018141
30-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-B1 0.00000000 1.04803563 992.81258670 0.99281259 1.04803563
1-B2 0.00000000 1.04803673 992.81258391 0.99281258 1.04803673
1-B3 0.00000000 1.04803549 992.81258555 0.99281259 1.04803549
1-B4 0.00000000 1.04804183 992.81258555 0.99281259 1.04804183
1-B5 0.00000000 1.04802532 992.81258228 0.99281258 1.04802532
1-B6 0.00000000 1.04803582 992.81259729 0.99281260 1.04803582
X-B1 0.00000000 1.75059473 987.97467811 0.98797468 1.75059473
X-B2 0.00000000 1.75059122 987.97467905 0.98797468 1.75059122
X-B3 0.00000000 1.75058427 987.97467416 0.98797467 1.75058427
X-B4 0.00000000 1.75058559 987.97468468 0.98797468 1.75058559
X-B5 0.00000000 1.75058296 987.97466368 0.98797466 1.75058296
X-B6 0.00000000 1.75058611 987.97468269 0.98797468 1.75058611
3-B1 0.00000000 3.88060606 973.55896613 0.97355897 3.88060606
3-B2 0.00000000 3.88058140 973.55895349 0.97355895 3.88058140
3-B3 0.00000000 3.88061538 973.55900000 0.97355900 3.88061538
3-B4 0.00000000 3.88062016 973.55899225 0.97355899 3.88062016
3-B5 0.00000000 3.88069767 973.55906977 0.97355907 3.88069767
3-B6 0.00000000 3.88057815 973.55898709 0.97355899 3.88057815
5-B1 0.00000000 1.90418407 987.82516886 0.98782517 1.90418407
5-B2 0.00000000 1.90418018 987.82517117 0.98782517 1.90418018
5-B3 0.00000000 1.90419277 987.82518072 0.98782518 1.90419277
5-B4 0.00000000 1.90418773 987.82516245 0.98782516 1.90418773
5-B5 0.00000000 1.90418773 987.82516245 0.98782516 1.90418773
5-B6 0.00000000 1.90416115 987.82518087 0.98782518 1.90416115
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-A1 8,249,000.00 5.50000% 1,759,293.61 8,063.43 0.00 0.00
1-A2 4,431,000.00 5.50000% 4,431,000.00 20,308.75 0.00 0.00
1-A3 7,929,000.00 5.50000% 7,929,000.00 36,341.25 0.00 0.00
1-A4 12,023,000.00 5.50000% 12,023,000.00 55,105.42 0.00 0.00
1-A5 12,000,000.00 5.50000% 2,559,282.73 11,730.05 0.00 0.00
1-A6 3,000,000.00 5.50000% 3,000,000.00 13,750.00 0.00 0.00
1-A7 5,000,000.00 5.50000% 5,000,000.00 22,916.67 0.00 0.00
1-A8 2,500,000.00 2.96000% 533,183.90 1,315.19 0.00 0.00
1-A9 2,500,000.00 8.04000% 533,183.90 3,572.33 0.00 0.00
1-A10 20,248,250.00 3.25000% 4,318,416.39 11,695.71 0.00 0.00
1-A11 6,821,603.00 11.13095% 1,454,867.56 13,495.05 0.00 0.00
1-A12 2,382,147.00 8.50000% 508,048.97 3,598.68 0.00 0.00
1-A13 25,000,000.00 4.00000% 24,348,368.79 81,161.23 0.00 0.00
1-A14 36,371,000.00 4.00000% 34,069,725.30 113,565.75 0.00 0.00
1-A15 51,918,000.00 4.62500% 51,918,000.00 200,100.63 0.00 0.00
1-A16 0.00 5.50000% 25,156,934.75 115,302.62 0.00 0.00
1-A17 21,231,000.00 5.25000% 21,231,000.00 92,885.63 0.00 0.00
1-A18 22,864,000.00 5.50000% 22,864,000.00 104,793.33 0.00 0.00
1-A19 8,594,000.00 5.50000% 8,594,000.00 39,389.17 0.00 0.00
1-A20 1,500,000.00 5.50000% 1,500,000.00 6,875.00 0.00 0.00
1-AR 50.00 5.50000% 0.00 0.00 0.00 0.00
1-AMR 25.00 5.50000% 0.00 0.00 0.00 0.00
1-ALR 25.00 5.50000% 0.00 0.00 0.00 0.00
2-A1 105,017,000.00 5.50000% 80,615,075.82 369,485.76 0.00 0.00
2-A2 3,026,000.00 5.50000% 2,322,873.62 10,646.50 0.00 0.00
3-A1 84,959,000.00 5.00000% 66,148,741.22 275,619.76 0.00 0.00
4-A1 35,688,000.00 5.00000% 25,388,878.41 105,786.99 0.00 0.00
4-A2 1,029,000.00 5.00000% 732,043.15 3,050.18 0.00 0.00
5-A1 270,877,000.00 6.50000% 149,531,086.50 809,960.05 0.00 0.00
5-AIO 0.00 0.51006% 135,345,124.31 57,528.11 0.00 0.00
PO 1,684,723.00 0.00000% 1,523,503.95 0.00 0.00 0.00
30-IO 0.00 0.29369% 225,858,698.54 55,276.25 0.00 0.00
15-IO 0.00 0.25702% 50,291,045.89 10,771.42 0.00 0.00
1-B1 4,210,000.00 5.50000% 4,184,153.22 19,177.37 0.00 0.00
1-B2 1,579,000.00 5.50000% 1,569,305.92 7,192.65 0.00 0.00
1-B3 789,000.00 5.50000% 784,156.03 3,594.05 0.00 0.00
1-B4 526,000.00 5.50000% 522,770.69 2,396.03 0.00 0.00
1-B5 395,000.00 5.50000% 392,574.95 1,799.30 0.00 0.00
1-B6 395,101.00 5.50000% 392,675.33 1,799.76 0.00 0.00
X-B1 1,631,000.00 5.37468% 1,614,241.91 7,230.03 0.00 0.00
X-B2 592,000.00 5.37468% 585,917.36 2,624.27 0.00 0.00
X-B3 445,000.00 5.37468% 440,427.74 1,972.63 0.00 0.00
X-B4 222,000.00 5.37468% 219,719.01 984.10 0.00 0.00
X-B5 223,000.00 5.37468% 220,708.74 988.53 0.00 0.00
X-B6 148,436.00 5.37468% 146,910.86 658.00 0.00 0.00
3-B1 561,000.00 5.00000% 548,343.61 2,284.77 0.00 0.00
3-B2 172,000.00 5.00000% 168,119.61 700.50 0.00 0.00
3-B3 130,000.00 5.00000% 127,067.15 529.45 0.00 0.00
3-B4 129,000.00 5.00000% 126,089.71 525.37 0.00 0.00
3-B5 43,000.00 5.00000% 42,029.90 175.12 0.00 0.00
3-B6 87,036.00 5.00000% 85,072.43 354.47 0.00 0.00
5-B1 3,879,000.00 6.50000% 3,839,160.16 20,795.45 0.00 0.00
5-B2 555,000.00 6.50000% 549,299.79 2,975.37 0.00 0.00
5-B3 415,000.00 6.50000% 410,737.68 2,224.83 0.00 0.00
5-B4 277,000.00 6.50000% 274,155.03 1,485.01 0.00 0.00
5-B5 277,000.00 6.50000% 274,155.03 1,485.01 0.00 0.00
5-B6 139,347.45 6.50000% 137,916.26 747.05 0.00 0.00
SES 0.00 0.00000% 552,492,283.36 0.00 0.00 0.00
Totals 774,662,743.45 2,738,790.03 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-A1 0.00 0.00 8,063.43 0.00 1,752,800.64
1-A2 0.00 0.00 20,308.75 0.00 4,431,000.00
1-A3 0.00 0.00 36,341.25 0.00 7,929,000.00
1-A4 0.00 0.00 55,105.42 0.00 12,023,000.00
1-A5 0.00 0.00 11,730.05 0.00 2,549,837.27
1-A6 0.00 0.00 13,750.00 0.00 3,000,000.00
1-A7 0.00 0.00 22,916.67 0.00 5,000,000.00
1-A8 0.00 0.00 1,315.19 0.00 531,216.10
1-A9 0.00 0.00 3,572.33 0.00 531,216.10
1-A10 0.00 0.00 11,695.71 0.00 4,302,478.54
1-A11 0.00 0.00 13,495.05 0.00 1,449,498.13
1-A12 0.00 0.00 3,598.68 0.00 506,173.93
1-A13 (0.01) 0.00 81,161.24 0.00 24,197,050.40
1-A14 (0.01) 0.00 113,565.76 0.00 33,535,335.30
1-A15 (0.02) 0.00 200,100.64 0.00 51,918,000.00
1-A16 (0.01) 0.00 115,302.63 0.00 24,969,923.37
1-A17 (0.01) 0.00 92,885.63 0.00 21,231,000.00
1-A18 (0.01) 0.00 104,793.34 0.00 22,864,000.00
1-A19 0.00 0.00 39,389.17 0.00 8,594,000.00
1-A20 0.00 0.00 6,875.00 0.00 1,500,000.00
1-AR 0.00 0.00 0.00 0.00 0.00
1-AMR 0.00 0.00 0.00 0.00 0.00
1-ALR 0.00 0.00 0.00 0.00 0.00
2-A1 (0.01) 0.00 369,485.77 0.00 79,734,908.69
2-A2 0.00 0.00 10,646.50 0.00 2,297,512.15
3-A1 (0.01) 0.00 275,619.76 0.00 64,895,000.22
4-A1 0.00 0.00 105,787.00 0.00 25,275,252.19
4-A2 0.00 0.00 3,050.18 0.00 728,766.94
5-A1 3,522.99 0.00 806,437.06 0.00 137,301,864.80
5-AIO 250.22 0.00 57,277.88 0.00 124,364,416.71
PO 0.00 0.00 0.00 0.00 1,494,762.28
30-IO 0.00 0.00 55,276.25 0.00 224,302,643.12
15-IO 0.00 0.00 10,771.42 0.00 49,153,724.73
1-B1 0.00 0.00 19,177.37 0.00 4,179,740.99
1-B2 0.00 0.00 7,192.65 0.00 1,567,651.07
1-B3 0.00 0.00 3,594.05 0.00 783,329.13
1-B4 0.00 0.00 2,396.03 0.00 522,219.42
1-B5 0.00 0.00 1,799.30 0.00 392,160.97
1-B6 0.00 0.00 1,799.76 0.00 392,261.25
X-B1 0.00 0.00 7,230.03 0.00 1,611,386.70
X-B2 0.00 0.00 2,624.27 0.00 584,881.01
X-B3 0.00 0.00 1,972.63 0.00 439,648.73
X-B4 0.00 0.00 984.10 0.00 219,330.38
X-B5 0.00 0.00 988.53 0.00 220,318.35
X-B6 0.00 0.00 658.00 0.00 146,651.01
3-B1 0.00 0.00 2,284.77 0.00 546,166.58
3-B2 0.00 0.00 700.50 0.00 167,452.14
3-B3 0.00 0.00 529.45 0.00 126,562.67
3-B4 0.00 0.00 525.37 0.00 125,589.11
3-B5 0.00 0.00 175.12 0.00 41,863.04
3-B6 0.00 0.00 354.47 0.00 84,734.68
5-B1 90.45 0.00 20,705.00 0.00 3,831,773.83
5-B2 12.94 0.00 2,962.43 0.00 548,242.97
5-B3 9.68 0.00 2,215.15 0.00 409,947.45
5-B4 6.46 0.00 1,478.55 0.00 273,627.57
5-B5 6.46 0.00 1,478.55 0.00 273,627.57
5-B6 3.25 0.00 743.80 0.00 137,650.92
SES 0.00 0.00 100,925.58 0.00 537,200,492.60
Totals 3,902.36 0.00 2,835,813.22 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-A1 8,249,000.00 5.50000% 213.27356164 0.97750394 0.00000000 0.00000000
1-A2 4,431,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A3 7,929,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A4 12,023,000.00 5.50000% 1000.00000000 4.58333361 0.00000000 0.00000000
1-A5 12,000,000.00 5.50000% 213.27356083 0.97750417 0.00000000 0.00000000
1-A6 3,000,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A7 5,000,000.00 5.50000% 1000.00000000 4.58333400 0.00000000 0.00000000
1-A8 2,500,000.00 2.96000% 213.27356000 0.52607600 0.00000000 0.00000000
1-A9 2,500,000.00 8.04000% 213.27356000 1.42893200 0.00000000 0.00000000
1-A10 20,248,250.00 3.25000% 213.27356142 0.57761584 0.00000000 0.00000000
1-A11 6,821,603.00 11.13095% 213.27356048 1.97828135 0.00000000 0.00000000
1-A12 2,382,147.00 8.50000% 213.27355952 1.51068763 0.00000000 0.00000000
1-A13 25,000,000.00 4.00000% 973.93475160 3.24644920 0.00000000 0.00000000
1-A14 36,371,000.00 4.00000% 936.72775838 3.12242583 0.00000000 0.00000000
1-A15 51,918,000.00 4.62500% 1000.00000000 3.85416676 0.00000000 0.00000000
1-A16 0.00 5.50000% 968.98047867 4.44116062 0.00000000 0.00000000
1-A17 21,231,000.00 5.25000% 1000.00000000 4.37500024 0.00000000 0.00000000
1-A18 22,864,000.00 5.50000% 1000.00000000 4.58333319 0.00000000 0.00000000
1-A19 8,594,000.00 5.50000% 1000.00000000 4.58333372 0.00000000 0.00000000
1-A20 1,500,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-AR 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-AMR 25.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-ALR 25.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A1 105,017,000.00 5.50000% 767.63834255 3.51834236 0.00000000 0.00000000
2-A2 3,026,000.00 5.50000% 767.63834104 3.51834104 0.00000000 0.00000000
3-A1 84,959,000.00 5.00000% 778.59604303 3.24415024 0.00000000 0.00000000
4-A1 35,688,000.00 5.00000% 711.41219486 2.96421738 0.00000000 0.00000000
4-A2 1,029,000.00 5.00000% 711.41219631 2.96421769 0.00000000 0.00000000
5-A1 270,877,000.00 6.50000% 552.02577738 2.99013962 0.00000000 0.00000000
5-AIO 0.00 0.51006% 555.57806125 0.23614708 0.00000000 0.00000000
PO 1,684,723.00 0.00000% 904.30530716 0.00000000 0.00000000 0.00000000
30-IO 0.00 0.29369% 779.47061040 0.19076623 0.00000000 0.00000000
15-IO 0.00 0.25702% 755.17883377 0.16174546 0.00000000 0.00000000
1-B1 4,210,000.00 5.50000% 993.86062233 4.55519477 0.00000000 0.00000000
1-B2 1,579,000.00 5.50000% 993.86062065 4.55519316 0.00000000 0.00000000
1-B3 789,000.00 5.50000% 993.86062104 4.55519645 0.00000000 0.00000000
1-B4 526,000.00 5.50000% 993.86062738 4.55519011 0.00000000 0.00000000
1-B5 395,000.00 5.50000% 993.86063291 4.55518987 0.00000000 0.00000000
1-B6 395,101.00 5.50000% 993.86063310 4.55518969 0.00000000 0.00000000
X-B1 1,631,000.00 5.37468% 989.72526671 4.43288167 0.00000000 0.00000000
X-B2 592,000.00 5.37468% 989.72527027 4.43288851 0.00000000 0.00000000
X-B3 445,000.00 5.37468% 989.72525843 4.43287640 0.00000000 0.00000000
X-B4 222,000.00 5.37468% 989.72527027 4.43288288 0.00000000 0.00000000
X-B5 223,000.00 5.37468% 989.72529148 4.43286996 0.00000000 0.00000000
X-B6 148,436.00 5.37468% 989.72526880 4.43288690 0.00000000 0.00000000
3-B1 561,000.00 5.00000% 977.43959002 4.07267380 0.00000000 0.00000000
3-B2 172,000.00 5.00000% 977.43959302 4.07267442 0.00000000 0.00000000
3-B3 130,000.00 5.00000% 977.43961538 4.07269231 0.00000000 0.00000000
3-B4 129,000.00 5.00000% 977.43961240 4.07263566 0.00000000 0.00000000
3-B5 43,000.00 5.00000% 977.43953488 4.07255814 0.00000000 0.00000000
3-B6 87,036.00 5.00000% 977.43956524 4.07268257 0.00000000 0.00000000
5-B1 3,879,000.00 6.50000% 989.72935293 5.36103377 0.00000000 0.00000000
5-B2 555,000.00 6.50000% 989.72935135 5.36102703 0.00000000 0.00000000
5-B3 415,000.00 6.50000% 989.72934940 5.36103614 0.00000000 0.00000000
5-B4 277,000.00 6.50000% 989.72935018 5.36104693 0.00000000 0.00000000
5-B5 277,000.00 6.50000% 989.72935018 5.36104693 0.00000000 0.00000000
5-B6 139,347.45 6.50000% 989.72934202 5.36105971 0.00000000 0.00000000
SES 0.00 0.00000% 713.20363216 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-A1 0.00000000 0.00000000 0.97750394 0.00000000 212.48643957
1-A2 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A3 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A4 0.00000000 0.00000000 4.58333361 0.00000000 1000.00000000
1-A5 0.00000000 0.00000000 0.97750417 0.00000000 212.48643917
1-A6 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A7 0.00000000 0.00000000 4.58333400 0.00000000 1000.00000000
1-A8 0.00000000 0.00000000 0.52607600 0.00000000 212.48644000
1-A9 0.00000000 0.00000000 1.42893200 0.00000000 212.48644000
1-A10 0.00000000 0.00000000 0.57761584 0.00000000 212.48643907
1-A11 0.00000000 0.00000000 1.97828135 0.00000000 212.48643904
1-A12 0.00000000 0.00000000 1.51068763 0.00000000 212.48643765
1-A13 (0.00000040) 0.00000000 3.24644960 0.00000000 967.88201600
1-A14 (0.00000027) 0.00000000 3.12242611 0.00000000 922.03500866
1-A15 (0.00000039) 0.00000000 3.85416696 0.00000000 1000.00000000
1-A16 (0.00000039) 0.00000000 4.44116100 0.00000000 961.77728089
1-A17 (0.00000047) 0.00000000 4.37500024 0.00000000 1000.00000000
1-A18 (0.00000044) 0.00000000 4.58333362 0.00000000 1000.00000000
1-A19 0.00000000 0.00000000 4.58333372 0.00000000 1000.00000000
1-A20 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-AMR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A1 (0.00000010) 0.00000000 3.51834246 0.00000000 759.25715541
2-A2 0.00000000 0.00000000 3.51834104 0.00000000 759.25715466
3-A1 (0.00000012) 0.00000000 3.24415024 0.00000000 763.83903083
4-A1 0.00000000 0.00000000 2.96421766 0.00000000 708.22831736
4-A2 0.00000000 0.00000000 2.96421769 0.00000000 708.22831876
5-A1 0.01300587 0.00000000 2.97713375 0.00000000 506.87900708
5-AIO 0.00102713 0.00000000 0.23511991 0.00000000 510.50336595
PO 0.00000000 0.00000000 0.00000000 0.00000000 887.24513169
30-IO 0.00000000 0.00000000 0.19076623 0.00000000 774.10044102
15-IO 0.00000000 0.00000000 0.16174546 0.00000000 738.10062726
1-B1 0.00000000 0.00000000 4.55519477 0.00000000 992.81258670
1-B2 0.00000000 0.00000000 4.55519316 0.00000000 992.81258391
1-B3 0.00000000 0.00000000 4.55519645 0.00000000 992.81258555
1-B4 0.00000000 0.00000000 4.55519011 0.00000000 992.81258555
1-B5 0.00000000 0.00000000 4.55518987 0.00000000 992.81258228
1-B6 0.00000000 0.00000000 4.55518969 0.00000000 992.81259729
X-B1 0.00000000 0.00000000 4.43288167 0.00000000 987.97467811
X-B2 0.00000000 0.00000000 4.43288851 0.00000000 987.97467905
X-B3 0.00000000 0.00000000 4.43287640 0.00000000 987.97467416
X-B4 0.00000000 0.00000000 4.43288288 0.00000000 987.97468468
X-B5 0.00000000 0.00000000 4.43286996 0.00000000 987.97466368
X-B6 0.00000000 0.00000000 4.43288690 0.00000000 987.97468269
3-B1 0.00000000 0.00000000 4.07267380 0.00000000 973.55896613
3-B2 0.00000000 0.00000000 4.07267442 0.00000000 973.55895349
3-B3 0.00000000 0.00000000 4.07269231 0.00000000 973.55900000
3-B4 0.00000000 0.00000000 4.07263566 0.00000000 973.55899225
3-B5 0.00000000 0.00000000 4.07255814 0.00000000 973.55906977
3-B6 0.00000000 0.00000000 4.07268257 0.00000000 973.55898709
5-B1 0.02331787 0.00000000 5.33771591 0.00000000 987.82516886
5-B2 0.02331532 0.00000000 5.33771171 0.00000000 987.82517117
5-B3 0.02332530 0.00000000 5.33771084 0.00000000 987.82518072
5-B4 0.02332130 0.00000000 5.33772563 0.00000000 987.82516245
5-B5 0.02332130 0.00000000 5.33772563 0.00000000 987.82516245
5-B6 0.02332300 0.00000000 5.33773671 0.00000000 987.82518087
SES 0.00000000 0.00000000 0.13028325 0.00000000 693.46369906
<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>
APO1 0.00000% 0.00 0.00 645,444.20 644,822.82 98.83644741%
APO2 0.00000% 0.00 0.00 160,872.29 160,683.58 97.91868323%
APO3 0.00000% 0.00 0.00 166,505.17 165,810.90 94.82711488%
APO4 0.00000% 0.00 0.00 30,360.73 30,211.43 85.04033665%
APO5 0.00000% 0.00 0.00 520,321.57 493,233.54 74.97910396%
30-IO-1 0.30600% 161,003,095.51 160,330,492.91 0.00 0.00 78.88621877%
30-IO-2 0.26311% 64,855,603.03 63,972,150.21 0.00 0.00 73.94224125%
15-IO-1 0.26049% 34,793,177.20 33,717,567.91 0.00 0.00 72.52846277%
15-IO-2 0.24921% 15,497,868.69 15,436,156.82 0.00 0.00 76.77333443%
SES1 0.00000% 217,065,451.61 216,327,792.18 0.00 0.00 82.21995774%
SES2 0.00000% 85,517,722.71 84,609,451.74 0.00 0.00 76.47204462%
SES3 0.00000% 67,411,969.56 66,153,180.10 0.00 0.00 76.69409935%
SES4 0.00000% 26,960,307.48 26,840,099.96 0.00 0.00 71.42115952%
SES5 0.00000% 155,536,832.00 143,269,968.62 0.00 0.00 51.70760399%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 18,132,547.62
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 19,688.23
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 0.00
Total Deposits 18,152,235.85
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 24,631.87
Payment of Interest and Principal 18,127,603.98
Total Withdrawals (Pool Distribution Amount) 18,152,235.85
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 3,902.36
SERVICING FEES
<s> <c>
Gross Servicing Fee 23,020.42
Trustee Fee - Wells Fargo Bank, N.A. 1,611.45
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 24,631.87
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 1 0 0 1
349,011.19 0.00 0.00 349,011.19
30 Days 1 0 0 0 1
433,636.16 0.00 0.00 0.00 433,636.16
60 Days 3 0 0 0 3
1,270,460.45 0.00 0.00 0.00 1,270,460.45
90 Days 1 0 0 0 1
329,289.06 0.00 0.00 0.00 329,289.06
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 0.00 842,695.88 0.00 842,695.88
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 5 1 1 0 7
2,033,385.67 349,011.19 842,695.88 0.00 3,225,092.74
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 0.087032% 0.000000% 0.000000% 0.087032%
0.064876% 0.000000% 0.000000% 0.064876%
30 Days 0.087032% 0.000000% 0.000000% 0.000000% 0.087032%
0.080607% 0.000000% 0.000000% 0.000000% 0.080607%
60 Days 0.261097% 0.000000% 0.000000% 0.000000% 0.261097%
0.236160% 0.000000% 0.000000% 0.000000% 0.236160%
90 Days 0.087032% 0.000000% 0.000000% 0.000000% 0.087032%
0.061210% 0.000000% 0.000000% 0.000000% 0.061210%
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% 0.087032% 0.000000% 0.087032%
0.000000% 0.000000% 0.156645% 0.000000% 0.156645%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.435161% 0.087032% 0.087032% 0.000000% 0.609225%
0.377977% 0.064876% 0.156645% 0.000000% 0.599498%
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 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
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 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 1 0 1
0.00 0.00 842,695.88 0.00 842,695.88
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 1 0 1
0.00 0.00 842,695.88 0.00 842,695.88
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% 0.595238% 0.000000% 0.595238%
0.000000% 0.000000% 0.995139% 0.000000% 0.995139%
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% 0.595238% 0.000000% 0.595238%
0.000000% 0.000000% 0.995139% 0.000000% 0.995139%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
3 - 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 1 0 0 1
349,011.19 0.00 0.00 349,011.19
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 1 0 0 1
0.00 349,011.19 0.00 0.00 349,011.19
0-29 Days 0.735294% 0.000000% 0.000000% 0.735294%
0.525864% 0.000000% 0.000000% 0.525864%
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% 0.735294% 0.000000% 0.000000% 0.735294%
0.000000% 0.525864% 0.000000% 0.000000% 0.525864%
<caption>
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 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
5 - 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 1 0 0 0 1
433,636.16 0.00 0.00 0.00 433,636.16
60 Days 3 0 0 0 3
1,270,460.45 0.00 0.00 0.00 1,270,460.45
90 Days 1 0 0 0 1
329,289.06 0.00 0.00 0.00 329,289.06
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
2,033,385.67 0.00 0.00 0.00 2,033,385.67
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.281690% 0.000000% 0.000000% 0.000000% 0.281690%
0.302201% 0.000000% 0.000000% 0.000000% 0.302201%
60 Days 0.845070% 0.000000% 0.000000% 0.000000% 0.845070%
0.885384% 0.000000% 0.000000% 0.000000% 0.885384%
90 Days 0.281690% 0.000000% 0.000000% 0.000000% 0.281690%
0.229482% 0.000000% 0.000000% 0.000000% 0.229482%
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 1.408451% 0.000000% 0.000000% 0.000000% 1.408451%
1.417067% 0.000000% 0.000000% 0.000000% 1.417067%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 19,688.23
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 6.202087%
Weighted Average Pass-Through Rate 5.948587%
Weighted Average Maturity(Stepdown Calculation ) 300
Beginning Scheduled Collateral Loan Count 1,182
Number Of Loans Paid In Full 33
Ending Scheduled Collateral Loan Count 1,149
Beginning Scheduled Collateral Balance 552,492,283.36
Ending Scheduled Collateral Balance 537,200,492.60
Ending Actual Collateral Balance at 31-Jul-2004 537,965,910.41
Monthly P &I Constant 3,847,282.22
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 17,859,507.72
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 537,200,492.60
Scheduled Principal 991,778.03
Unscheduled Principal 14,300,012.73
Group Level Collateral Statement
Group 1 - 30 Year Fixed 2 - 30 Year Fixed 3 - 15 Year Fixed
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 5.964115 5.942697 5.375599
Weighted Average Net Rate 5.714115 5.692697 5.125599
Weighted Average Maturity 352 352 172
Beginning Loan Count 437 170 138
Loans Paid In Full 1 2 2
Ending Loan Count 436 168 136
Beginning Scheduled Balance 217,065,451.61 85,517,722.71 67,411,969.56
Ending scheduled Balance 216,327,792.18 84,609,451.74 66,153,180.10
Record Date 07/31/2004 07/31/2004 07/31/2004
Principal And Interest Constant 1,307,784.36 513,798.64 569,616.80
Scheduled Principal 228,948.30 90,293.74 267,633.72
Unscheduled Principal 508,711.13 817,977.23 991,155.74
Scheduled Interest 1,078,836.06 423,504.90 301,983.08
Servicing Fees 45,221.96 17,816.19 14,044.16
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 633.10 249.44 196.62
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 1,032,981.00 405,439.27 287,742.30
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 5.710615 5.689197 5.122099
Group Level Collateral Statement
Group 4 - 15 Year Fixed 5 - 30 Year Fixed Total
Collateral Description Mixed Fixed Mixed Fixed Fixed
Weighted Average Coupon Rate 5.391127 7.175598 6.202087
Weighted Average Net Rate 5.141128 6.925598 5.952087
Weighted Average Maturity 172 288 300
Beginning Loan Count 54 383 1,182
Loans Paid In Full 0 28 33
Ending Loan Count 54 355 1,149
Beginning Scheduled Balance 26,960,307.48 155,536,832.00 552,492,283.36
Ending scheduled Balance 26,840,099.96 143,269,968.62 537,200,492.60
Record Date 07/31/2004 07/31/2004 07/31/2004
Principal And Interest Constant 226,290.92 1,229,791.50 3,847,282.22
Scheduled Principal 105,168.88 299,733.39 991,778.03
Unscheduled Principal 15,038.64 11,967,129.99 14,300,012.73
Scheduled Interest 121,122.04 930,058.11 2,855,504.19
Servicing Fees 5,616.72 32,403.50 115,102.53
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 78.65 453.64 1,611.45
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 115,426.67 897,200.97 2,738,790.21
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 5.137627 6.922098 5.948587
Miscellaneous Reporting
Group 1 - 30 Year Fixed
Group 1 CPR 2.779226%
Group 1 Subordinate % 3.625189%
Group 1 Subordinate Prepayment % 0.000000%
Group 1 Senior % 96.374811%
Group 1 Senior Prepayment % 100.000000%
Group 2 - 30 Year Fixed
Group 2 CPR 10.903932%
Group 2 Subordinate % 2.833868%
Group 2 Subordinate Prepayment % 0.000000%
Group 2 Senior % 97.166132%
Group 2 Senior Prepayment % 100.000000%
Group 3 - 15 Year Fixed
Group 3 CPR 16.344186%
Group 3 Subordinate % 1.630925%
Group 3 Subordinate Prepayment % 0.000000%
Group 3 Senior % 98.369075%
Group 3 Senior Prepayment % 100.000000%
Miscellaneous Reporting
Group 4 - 15 Year Fixed
Group 4 CPR 0.669924%
Group 4 Subordinate % 3.004183%
Group 4 Subordinate Prepayment % 0.000000%
Group 4 Senior % 96.995817%
Group 4 Senior Prepayment % 100.000000%
Group 5 - 30 Year Fixed
Group 5 CPR 61.812979%
Group 5 Subordinate % 3.538606%
Group 5 Subordinate Prepayment % 0.000000%
Group 5 Senior % 96.461394%
Group 5 Senior Prepayment % 100.000000%
Group