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
ASSET BACKED FUNDING CORPORATION
Asset Backed Certificates, Series 2004-OPT1 Trust
(Exact name of registrant as specified in its charter)
54-6593442
54-2142304
54-2142305
New York (governing law of 333-108551-02 54-2142306
Pooling and Servicing Agreement) (Commission 54-2142307
(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 ASSET BACKED FUNDING
CORPORATION, Asset Backed Certificates, Series 2004-OPT1 Trust.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Asset Backed Certificates, Series
2004-OPT1 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.
ASSET BACKED FUNDING CORPORATION
Asset Backed Certificates, Series 2004-OPT1 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: 8/27/04
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Asset Backed
Certificates, Series 2004-OPT1 Trust, relating to the
August 25, 2004 distribution.
EX-99.1
Asset Backed Funding Corporation
Asset Backed Certificates
Record Date: 7/31/04
Distribution Date: 8/25/04
ABFC Series: 2004-OPT1
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>
A-1 04542BEX6 SEQ 1.77000% 242,896,855.23 358,272.86 9,724,427.55
A-1A 04542BEY4 SEQ 1.87000% 12,784,222.87 19,922.08 511,819.10
A-2 04542BEZ1 SEQ 1.80000% 40,015,809.30 60,023.71 2,248,104.57
M-1 04542BFA5 SUB 2.15000% 31,439,000.00 56,328.21 0.00
M-2 04542BFB3 SUB 2.90000% 23,247,000.00 56,180.25 0.00
M-3 04542BFC1 SUB 3.05000% 7,749,000.00 19,695.37 0.00
M-4 04542BFD9 SUB 3.35000% 6,642,000.00 18,542.25 0.00
M-5 04542BFE7 SUB 3.60000% 4,428,000.00 13,284.00 0.00
M-6 04542BFF4 SUB 4.95000% 5,535,000.00 22,831.87 0.00
B 04542BFG2 SUB 6.00000% 7,749,000.00 38,745.00 0.00
CE BFCAS04OPCE SEQ 0.00000% 3,985,240.01 1,568,283.35 0.00
P BFCAS04OPTP SEQ 0.00000% 0.00 217,339.53 0.00
R BFCAS04OPTR SEQ 0.00000% 0.00 0.00 0.00
Totals 386,471,127.41 2,449,448.48 12,484,351.22
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
A-1 0.00 233,172,427.68 10,082,700.41 0.00
A-1A 0.00 12,272,403.78 531,741.18 0.00
A-2 0.00 37,767,704.73 2,308,128.28 0.00
M-1 0.00 31,439,000.00 56,328.21 0.00
M-2 0.00 23,247,000.00 56,180.25 0.00
M-3 0.00 7,749,000.00 19,695.37 0.00
M-4 0.00 6,642,000.00 18,542.25 0.00
M-5 0.00 4,428,000.00 13,284.00 0.00
M-6 0.00 5,535,000.00 22,831.87 0.00
B 0.00 7,749,000.00 38,745.00 0.00
CE 0.00 3,985,240.01 1,568,283.35 0.00
P 0.00 0.00 217,339.53 0.00
R 0.00 0.00 0.00 0.00
Totals 0.00 373,986,776.20 14,933,799.70 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>
A-1 287,504,000.00 242,896,855.23 0.00 9,724,427.55 0.00 0.00
A-1A 15,132,000.00 12,784,222.87 0.00 511,819.10 0.00 0.00
A-2 49,393,000.00 40,015,809.30 0.00 2,248,104.57 0.00 0.00
M-1 31,439,000.00 31,439,000.00 0.00 0.00 0.00 0.00
M-2 23,247,000.00 23,247,000.00 0.00 0.00 0.00 0.00
M-3 7,749,000.00 7,749,000.00 0.00 0.00 0.00 0.00
M-4 6,642,000.00 6,642,000.00 0.00 0.00 0.00 0.00
M-5 4,428,000.00 4,428,000.00 0.00 0.00 0.00 0.00
M-6 5,535,000.00 5,535,000.00 0.00 0.00 0.00 0.00
B 7,749,000.00 7,749,000.00 0.00 0.00 0.00 0.00
CE 3,986,445.89 3,985,240.01 0.00 0.00 0.00 0.00
P 0.00 0.00 0.00 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00 0.00
Totals 442,804,445.89 386,471,127.41 0.00 12,484,351.22 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>
A-1 9,724,427.55 233,172,427.68 0.81102325 9,724,427.55
A-1A 511,819.10 12,272,403.78 0.81102325 511,819.10
A-2 2,248,104.57 37,767,704.73 0.76463679 2,248,104.57
M-1 0.00 31,439,000.00 1.00000000 0.00
M-2 0.00 23,247,000.00 1.00000000 0.00
M-3 0.00 7,749,000.00 1.00000000 0.00
M-4 0.00 6,642,000.00 1.00000000 0.00
M-5 0.00 4,428,000.00 1.00000000 0.00
M-6 0.00 5,535,000.00 1.00000000 0.00
B 0.00 7,749,000.00 1.00000000 0.00
CE 0.00 3,985,240.01 0.99969750 0.00
P 0.00 0.00 0.00000000 0.00
R 0.00 0.00 0.00000000 0.00
Totals 12,484,351.22 373,986,776.20 0.84458677 12,484,351.22
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>
A-1 287,504,000.00 844.84687250 0.00000000 33.82362524 0.00000000
A-1A 15,132,000.00 844.84687219 0.00000000 33.82362543 0.00000000
A-2 49,393,000.00 810.15142429 0.00000000 45.51463912 0.00000000
M-1 31,439,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-2 23,247,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-3 7,749,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-4 6,642,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-5 4,428,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-6 5,535,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B 7,749,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
CE 3,986,445.89 999.69750499 0.00000000 0.00000000 0.00000000
P 0.00 0.00000000 0.00000000 0.00000000 0.00000000
R 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All Classes are per $1000 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>
A-1 0.00000000 33.82362524 811.02324726 0.81102325 33.82362524
A-1A 0.00000000 33.82362543 811.02324742 0.81102325 33.82362543
A-2 0.00000000 45.51463912 764.63678517 0.76463679 45.51463912
M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
CE 0.00000000 0.00000000 999.69750499 0.99969750 0.00000000
P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R 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>
A-1 287,504,000.00 1.77000% 242,896,855.23 358,272.86 0.00 0.00
A-1A 15,132,000.00 1.87000% 12,784,222.87 19,922.08 0.00 0.00
A-2 49,393,000.00 1.80000% 40,015,809.30 60,023.71 0.00 0.00
M-1 31,439,000.00 2.15000% 31,439,000.00 56,328.21 0.00 0.00
M-2 23,247,000.00 2.90000% 23,247,000.00 56,180.25 0.00 0.00
M-3 7,749,000.00 3.05000% 7,749,000.00 19,695.38 0.00 0.00
M-4 6,642,000.00 3.35000% 6,642,000.00 18,542.25 0.00 0.00
M-5 4,428,000.00 3.60000% 4,428,000.00 13,284.00 0.00 0.00
M-6 5,535,000.00 4.95000% 5,535,000.00 22,831.88 0.00 0.00
B 7,749,000.00 6.00000% 7,749,000.00 38,745.00 0.00 0.00
CE 3,986,445.89 0.00000% 3,985,240.01 0.00 0.00 0.00
P 0.00 0.00000% 0.01 0.00 0.00 0.00
R 0.00 0.00000% 0.00 0.00 0.00 0.00
Totals 442,804,445.89 663,825.62 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>
A-1 0.00 0.00 358,272.86 0.00 233,172,427.68
A-1A 0.00 0.00 19,922.08 0.00 12,272,403.78
A-2 0.00 0.00 60,023.71 0.00 37,767,704.73
M-1 0.00 0.00 56,328.21 0.00 31,439,000.00
M-2 0.00 0.00 56,180.25 0.00 23,247,000.00
M-3 0.00 0.00 19,695.37 0.00 7,749,000.00
M-4 0.00 0.00 18,542.25 0.00 6,642,000.00
M-5 0.00 0.00 13,284.00 0.00 4,428,000.00
M-6 0.00 0.00 22,831.87 0.00 5,535,000.00
B 0.00 0.00 38,745.00 0.00 7,749,000.00
CE 0.00 0.00 1,568,283.35 0.00 3,985,240.01
P 0.00 0.00 217,339.53 0.00 0.01
R 0.00 0.00 0.00 0.00 0.00
Totals 0.00 0.00 2,449,448.48 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>
A-1 287,504,000.00 1.77000% 844.84687250 1.24614913 0.00000000 0.00000000
A-1A 15,132,000.00 1.87000% 844.84687219 1.31655300 0.00000000 0.00000000
A-2 49,393,000.00 1.80000% 810.15142429 1.21522706 0.00000000 0.00000000
M-1 31,439,000.00 2.15000% 1000.00000000 1.79166672 0.00000000 0.00000000
M-2 23,247,000.00 2.90000% 1000.00000000 2.41666667 0.00000000 0.00000000
M-3 7,749,000.00 3.05000% 1000.00000000 2.54166731 0.00000000 0.00000000
M-4 6,642,000.00 3.35000% 1000.00000000 2.79166667 0.00000000 0.00000000
M-5 4,428,000.00 3.60000% 1000.00000000 3.00000000 0.00000000 0.00000000
M-6 5,535,000.00 4.95000% 1000.00000000 4.12500090 0.00000000 0.00000000
B 7,749,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
CE 3,986,445.89 0.00000% 999.69750499 0.00000000 0.00000000 0.00000000
P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(5) All Classes are per $1000 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>
A-1 0.00000000 0.00000000 1.24614913 0.00000000 811.02324726
A-1A 0.00000000 0.00000000 1.31655300 0.00000000 811.02324742
A-2 0.00000000 0.00000000 1.21522706 0.00000000 764.63678517
M-1 0.00000000 0.00000000 1.79166672 0.00000000 1000.00000000
M-2 0.00000000 0.00000000 2.41666667 0.00000000 1000.00000000
M-3 0.00000000 0.00000000 2.54166602 0.00000000 1000.00000000
M-4 0.00000000 0.00000000 2.79166667 0.00000000 1000.00000000
M-5 0.00000000 0.00000000 3.00000000 0.00000000 1000.00000000
M-6 0.00000000 0.00000000 4.12499910 0.00000000 1000.00000000
B 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000
CE 0.00000000 0.00000000 393.40389743 0.00000000 999.69750499
P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<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 ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 14,788,709.70
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) 32,741.73
Prepayment Penalties 217,339.53
Total Deposits 15,038,790.96
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 104,991.26
Payment of Interest and Principal 14,933,799.70
Total Withdrawals (Pool Distribution Amount) 15,038,790.96
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 96,617.72
Credit Risk Manager Fee 5,636.06
Trustee Fee 2,737.48
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 104,991.26
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<s> <c> <c> <c> <c>
Reserve Account 0.00 0.00 0.00 0.00
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 6 1 0 7
670,132.15 160,975.02 0.00 831,107.17
30 Days 39 0 0 0 39
6,444,492.94 0.00 0.00 0.00 6,444,492.94
60 Days 13 1 7 0 21
2,303,105.79 59,915.26 742,633.67 0.00 3,105,654.72
90 Days 8 8 29 0 45
845,946.14 1,218,826.13 3,475,034.89 0.00 5,539,807.16
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 60 15 37 0 112
9,593,544.87 1,948,873.54 4,378,643.58 0.00 15,921,061.99
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 0.247219% 0.041203% 0.000000% 0.288422%
0.179097% 0.043022% 0.000000% 0.222118%
30 Days 1.606922% 0.000000% 0.000000% 0.000000% 1.606922%
1.722329% 0.000000% 0.000000% 0.000000% 1.722329%
60 Days 0.535641% 0.041203% 0.288422% 0.000000% 0.865266%
0.615519% 0.016013% 0.198473% 0.000000% 0.830005%
90 Days 0.329625% 0.329625% 1.194891% 0.000000% 1.854141%
0.226084% 0.325739% 0.928724% 0.000000% 1.480547%
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 2.472188% 0.618047% 1.524516% 0.000000% 4.614751%
2.563932% 0.520848% 1.170219% 0.000000% 4.254999%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 87,644.69
COLLATERAL STATEMENT
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 7.358403%
Weighted Average Net Coupon 7.058404%
Weighted Average Pass-Through Rate 7.032403%
Weighted Average Maturity(Stepdown Calculation ) 345
Beginning Scheduled Collateral Loan Count 2,496
Number Of Loans Paid In Full 69
Ending Scheduled Collateral Loan Count 2,427
Beginning Scheduled Collateral Balance 386,471,127.42
Ending Scheduled Collateral Balance 373,986,776.20
Ending Actual Collateral Balance at 31-Jul-2004 374,173,088.79
Monthly P &I Constant 2,705,918.44
Special Servicing Fee 0.00
Prepayment Penalties 217,339.53
Realized Loss Amount 32,741.73
Cumulative Realized Loss 32,741.73
Ending Scheduled Balance for Premium Loans 373,986,776.20
Scheduled Principal 336,076.42
Unscheduled Principal 12,148,274.80
Required Overcollateralization Amount 0.00
Overcollateralized Increase Amount 0.00
Overcollateralized reduction Amount 0.00
Specified O/C Amount 3,985,240.01
Overcollateralized Amount 3,985,240.01
Overcollateralized Deficiency Amount 0.00
Base Overcollateralized Amount 0.00
Extra principal distribution Amount 32,741.73
Excess Cash Amount 1,601,025.08
Group Level Collateral Statement
Group Group 1 Group 2 Total
Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed Fixed & Arm
Weighted Average Coupon Rate 7.387066 7.177084 7.358403
Weighted Average Net Rate 7.087066 6.877084 7.058404
Weighted Average Maturity 345 345 345
Beginning Loan Count 2,279 217 2,496
Loans Paid In Full 59 10 69
Ending Loan Count 2,220 207 2,427
Beginning Scheduled Balance 333,718,309.98 52,752,817.44 386,471,127.42
Ending scheduled Balance 323,476,167.40 50,510,608.80 373,986,776.20
Record Date 07/31/2004 07/31/2004 07/31/2004
Principal And Interest Constant 2,344,757.29 361,161.15 2,705,918.44
Scheduled Principal 290,424.77 45,651.65 336,076.42
Unscheduled Principal 9,951,717.81 2,196,556.99 12,148,274.80
Scheduled Interest 2,054,332.52 315,509.50 2,369,842.02
Servicing Fees 83,429.52 13,188.20 96,617.72
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 2,363.83 373.65 2,737.48
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 4,866.73 769.33 5,636.06
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 1,963,672.44 301,178.32 2,264,850.76
Realized Loss Amount 32,741.73 32,741.73 65,483.46
Cumulative Realized Loss 32,741.73 0.00 32,741.73
Percentage of Cumulative Losses 0.0086 0.0000 0.0074
Prepayment Penalties 0.00 0.00 0.00
Special Servicing Fee 0.00 0.00 0.00
Pass-Through Rate 7.061066 6.851084 7.032403
Miscellaneous Reporting
Group Group 1
Available Funds 12,173,073.22
Group Group 2
Available Funds 2,543,386.96
Group