UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D. C. 20549
Form 8-K/A
Current Report
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 25, 2003
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2003-D Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-101500-10 54-2110367
Pooling and Servicing Agreement) (Commission 54-2110368
(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
Subsequent to filing the 8-K relating to the payment date on November 25, 2003,
a revision was made to the BANC OF AMERICA MORTGAGE SECURITIES, INC., Mortgage
Pass-Through Certificates, Series 2003-D which was not included in the original
8-K filed. The 8-K is being amended because delinquency information was revised.
This revision was not previously disclosed in a 1934 Act filing. The revised
data has been and will continue to be available on the Wells Fargo Bank, N.A.
as Trustee, website at www.ctslink.com.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Amended monthly report distributed to
holders of Mortgage Pass-Through
Certificates, Series 2003-D Trust,
relating to the November 25, 2003
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 2003-D 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: 8/5/04
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Amended monthly report distributed to holders of
Mortgage Pass-Through Certificates, Series 2003-D
Trust, relating to the November 25, 2003 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 10/31/03
Distribution Date: 11/25/03
BAM Series: 2003-D
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 05948XBN0 SEN 3.42800% 79,550,124.78 227,248.18 3,978,469.15
1-A2 05948XBP5 SEN 3.42800% 2,165,785.03 6,186.93 108,315.47
1-AR 05948XBQ3 SEN 3.42800% 0.00 0.00 0.00
1-ALR 05948XBR1 SEN 3.42800% 0.00 0.13 0.00
2-A1 05948XBS9 SEN 4.18300% 122,644,173.53 427,517.14 5,944,524.43
2-A2 05948XBT7 SEN 3.60100% 28,815,077.48 86,469.24 1,396,657.72
2-A3 05948XBU4 SEN 3.87600% 54,028,270.28 174,511.31 2,618,733.23
2-A4 05948XBV2 SEN 4.34100% 240,117,481.40 868,624.97 11,638,418.63
2-A5 05948XBW0 SEN 4.18300% 21,611,308.11 75,333.42 1,047,493.29
2-A6 05948XBX8 SEN 4.18300% 589,268.33 2,054.09 28,561.65
3-A1 05948XBY6 SEN 4.56900% 42,065,128.63 160,162.97 400,579.83
AP 05948XBZ3 PO 0.00000% 1,063,291.13 0.00 1,820.60
B-1 05948XCA7 SUB 4.10170% 11,188,042.50 38,241.70 11,697.73
B-2 05948XCB5 SUB 4.10170% 4,302,634.43 14,706.77 4,498.65
B-3 05948XCC3 SUB 4.10170% 3,011,247.62 10,292.71 3,148.43
B-4 05948XCD1 SUB 4.10170% 1,721,849.09 5,885.43 1,800.29
B-5 05948XCE9 SUB 4.10170% 1,290,392.67 4,410.68 1,349.18
B-6 05948XCF6 SUB 4.10170% 1,291,369.91 4,414.02 1,350.20
W-IO 05948XCH2 SEN 0.62466% 0.00 311,504.76 0.00
SES 05948XCG4 SEN 0.00000% 0.00 116,471.70 0.00
Totals 615,455,444.92 2,534,036.15 27,187,418.48
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 75,571,655.63 4,205,717.33 0.00
1-A2 0.00 2,057,469.56 114,502.40 0.00
1-AR 0.00 0.00 0.00 0.00
1-ALR 0.00 0.00 0.13 0.00
2-A1 0.00 116,699,649.10 6,372,041.57 0.00
2-A2 0.00 27,418,419.76 1,483,126.96 0.00
2-A3 0.00 51,409,537.05 2,793,244.54 0.00
2-A4 0.00 228,479,062.77 12,507,043.60 0.00
2-A5 0.00 20,563,814.82 1,122,826.71 0.00
2-A6 0.00 560,706.68 30,615.74 0.00
3-A1 0.00 41,664,548.80 560,742.80 0.00
AP 0.00 1,061,470.53 1,820.60 0.00
B-1 0.00 11,176,344.77 49,939.43 0.00
B-2 0.00 4,298,135.79 19,205.42 0.00
B-3 0.00 3,008,099.19 13,441.14 0.00
B-4 0.00 1,720,048.80 7,685.72 0.00
B-5 0.00 1,289,043.50 5,759.86 0.00
B-6 0.00 1,290,019.71 5,764.22 0.00
W-IO 0.00 0.00 311,504.76 0.00
SES 0.00 0.00 116,471.70 0.00
Totals 0.00 588,268,026.46 29,721,454.63 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 137,188,000.00 79,550,124.78 110,107.91 3,868,361.24 0.00 0.00
1-A2 3,735,000.00 2,165,785.03 2,997.73 105,317.73 0.00 0.00
1-AR 50.00 0.00 0.00 0.00 0.00 0.00
1-ALR 50.00 0.00 0.00 0.00 0.00 0.00
2-A1 170,250,000.00 122,644,173.53 117,985.67 5,826,538.77 0.00 0.00
2-A2 40,000,000.00 28,815,077.48 27,720.57 1,368,937.15 0.00 0.00
2-A3 75,000,000.00 54,028,270.28 51,976.06 2,566,757.17 0.00 0.00
2-A4 333,322,000.00 240,117,481.40 230,996.87 11,407,421.76 0.00 0.00
2-A5 30,000,000.00 21,611,308.11 20,790.43 1,026,702.87 0.00 0.00
2-A6 818,000.00 589,268.33 566.89 27,994.76 0.00 0.00
3-A1 51,285,000.00 42,065,128.63 49,498.92 351,080.91 0.00 0.00
AP 1,079,908.00 1,063,291.13 1,533.53 287.07 0.00 0.00
B-1 11,254,000.00 11,188,042.50 11,697.73 0.00 0.00 0.00
B-2 4,328,000.00 4,302,634.43 4,498.65 0.00 0.00 0.00
B-3 3,029,000.00 3,011,247.62 3,148.43 0.00 0.00 0.00
B-4 1,732,000.00 1,721,849.09 1,800.29 0.00 0.00 0.00
B-5 1,298,000.00 1,290,392.67 1,349.18 0.00 0.00 0.00
B-6 1,298,983.00 1,291,369.91 1,350.20 0.00 0.00 0.00
W-IO 0.00 0.00 0.00 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 865,617,991.00 615,455,444.92 638,019.06 26,549,399.43 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 3,978,469.15 75,571,655.63 0.55086200 3,978,469.15
1-A2 108,315.47 2,057,469.56 0.55086200 108,315.47
1-AR 0.00 0.00 0.00000000 0.00
1-ALR 0.00 0.00 0.00000000 0.00
2-A1 5,944,524.43 116,699,649.10 0.68546049 5,944,524.43
2-A2 1,396,657.72 27,418,419.76 0.68546049 1,396,657.72
2-A3 2,618,733.23 51,409,537.05 0.68546049 2,618,733.23
2-A4 11,638,418.63 228,479,062.77 0.68546049 11,638,418.63
2-A5 1,047,493.29 20,563,814.82 0.68546049 1,047,493.29
2-A6 28,561.65 560,706.68 0.68546049 28,561.65
3-A1 400,579.83 41,664,548.80 0.81241199 400,579.83
AP 1,820.60 1,061,470.53 0.98292681 1,820.60
B-1 11,697.73 11,176,344.77 0.99309977 11,697.73
B-2 4,498.65 4,298,135.79 0.99309977 4,498.65
B-3 3,148.43 3,008,099.19 0.99309977 3,148.43
B-4 1,800.29 1,720,048.80 0.99309977 1,800.29
B-5 1,349.18 1,289,043.50 0.99309977 1,349.18
B-6 1,350.20 1,290,019.71 0.99309976 1,350.20
W-IO 0.00 0.00 0.00000000 0.00
SES 0.00 0.00 0.00000000 0.00
Totals 27,187,418.48 588,268,026.46 0.67959311 27,187,418.48
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 137,188,000.00 579.86212191 0.80260599 28.19751902 0.00000000
1-A2 3,735,000.00 579.86212316 0.80260509 28.19751807 0.00000000
1-AR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
1-ALR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A1 170,250,000.00 720.37693703 0.69301421 34.22342890 0.00000000
2-A2 40,000,000.00 720.37693700 0.69301425 34.22342875 0.00000000
2-A3 75,000,000.00 720.37693707 0.69301413 34.22342893 0.00000000
2-A4 333,322,000.00 720.37693702 0.69301417 34.22342888 0.00000000
2-A5 30,000,000.00 720.37693700 0.69301433 34.22342900 0.00000000
2-A6 818,000.00 720.37693154 0.69301956 34.22342298 0.00000000
3-A1 51,285,000.00 820.22284547 0.96517344 6.84568412 0.00000000
AP 1,079,908.00 984.61269849 1.42005615 0.26582820 0.00000000
B-1 11,254,000.00 994.13919495 1.03942865 0.00000000 0.00000000
B-2 4,328,000.00 994.13919362 1.03942930 0.00000000 0.00000000
B-3 3,029,000.00 994.13919445 1.03942885 0.00000000 0.00000000
B-4 1,732,000.00 994.13919746 1.03942841 0.00000000 0.00000000
B-5 1,298,000.00 994.13919106 1.03942989 0.00000000 0.00000000
B-6 1,298,983.00 994.13919197 1.03942854 0.00000000 0.00000000
W-IO 0.00 0.00000000 0.00000000 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 29.00012501 550.86199689 0.55086200 29.00012501
1-A2 0.00000000 29.00012584 550.86199732 0.55086200 29.00012584
1-AR 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 34.91644305 685.46049398 0.68546049 34.91644305
2-A2 0.00000000 34.91644300 685.46049400 0.68546049 34.91644300
2-A3 0.00000000 34.91644307 685.46049400 0.68546049 34.91644307
2-A4 0.00000000 34.91644305 685.46049397 0.68546049 34.91644305
2-A5 0.00000000 34.91644300 685.46049400 0.68546049 34.91644300
2-A6 0.00000000 34.91644254 685.46048900 0.68546049 34.91644254
3-A1 0.00000000 7.81085756 812.41198791 0.81241199 7.81085756
AP 0.00000000 1.68588435 982.92681414 0.98292681 1.68588435
B-1 0.00000000 1.03942865 993.09976631 0.99309977 1.03942865
B-2 0.00000000 1.03942930 993.09976664 0.99309977 1.03942930
B-3 0.00000000 1.03942885 993.09976560 0.99309977 1.03942885
B-4 0.00000000 1.03942841 993.09976905 0.99309977 1.03942841
B-5 0.00000000 1.03942989 993.09976888 0.99309977 1.03942989
B-6 0.00000000 1.03942854 993.09976343 0.99309976 1.03942854
W-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
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 137,188,000.00 3.42800% 79,550,124.78 227,248.19 0.00 0.00
1-A2 3,735,000.00 3.42800% 2,165,785.03 6,186.93 0.00 0.00
1-AR 50.00 3.42800% 0.00 0.00 0.00 0.00
1-ALR 50.00 3.42800% 0.00 0.00 0.00 0.00
2-A1 170,250,000.00 4.18300% 122,644,173.53 427,517.15 0.00 0.00
2-A2 40,000,000.00 3.60100% 28,815,077.48 86,469.25 0.00 0.00
2-A3 75,000,000.00 3.87600% 54,028,270.28 174,511.31 0.00 0.00
2-A4 333,322,000.00 4.34100% 240,117,481.40 868,624.99 0.00 0.00
2-A5 30,000,000.00 4.18300% 21,611,308.11 75,333.42 0.00 0.00
2-A6 818,000.00 4.18300% 589,268.33 2,054.09 0.00 0.00
3-A1 51,285,000.00 4.56900% 42,065,128.63 160,162.98 0.00 0.00
AP 1,079,908.00 0.00000% 1,063,291.13 0.00 0.00 0.00
B-1 11,254,000.00 4.10170% 11,188,042.50 38,241.70 0.00 0.00
B-2 4,328,000.00 4.10170% 4,302,634.43 14,706.77 0.00 0.00
B-3 3,029,000.00 4.10170% 3,011,247.62 10,292.71 0.00 0.00
B-4 1,732,000.00 4.10170% 1,721,849.09 5,885.43 0.00 0.00
B-5 1,298,000.00 4.10170% 1,290,392.67 4,410.68 0.00 0.00
B-6 1,298,983.00 4.10170% 1,291,369.91 4,414.02 0.00 0.00
W-IO 0.00 0.62466% 598,415,499.07 311,504.76 0.00 0.00
SES 0.00 0.00000% 615,455,446.53 0.00 0.00 0.00
Totals 865,617,991.00 2,417,564.38 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 0.01 0.00 227,248.18 0.00 75,571,655.63
1-A2 0.00 0.00 6,186.93 0.00 2,057,469.56
1-AR 0.00 0.00 0.00 0.00 0.00
1-ALR 0.00 0.00 0.13 0.00 0.00
2-A1 0.01 0.00 427,517.14 0.00 116,699,649.10
2-A2 0.00 0.00 86,469.24 0.00 27,418,419.76
2-A3 0.00 0.00 174,511.31 0.00 51,409,537.05
2-A4 0.02 0.00 868,624.97 0.00 228,479,062.77
2-A5 0.00 0.00 75,333.42 0.00 20,563,814.82
2-A6 0.00 0.00 2,054.09 0.00 560,706.68
3-A1 0.00 0.00 160,162.97 0.00 41,664,548.80
AP 0.00 0.00 0.00 0.00 1,061,470.53
B-1 0.00 0.00 38,241.70 0.00 11,176,344.77
B-2 0.00 0.00 14,706.77 0.00 4,298,135.79
B-3 0.00 0.00 10,292.71 0.00 3,008,099.19
B-4 0.00 0.00 5,885.43 0.00 1,720,048.80
B-5 0.00 0.00 4,410.68 0.00 1,289,043.50
B-6 0.00 0.00 4,414.02 0.00 1,290,019.71
W-IO 0.00 0.00 311,504.76 0.00 571,257,673.54
SES 0.00 0.00 116,471.70 0.00 588,268,028.05
Totals 0.04 0.00 2,534,036.15 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 137,188,000.00 3.42800% 579.86212191 1.65647280 0.00000000 0.00000000
1-A2 3,735,000.00 3.42800% 579.86212316 1.65647390 0.00000000 0.00000000
1-AR 50.00 3.42800% 0.00000000 0.00000000 0.00000000 0.00000000
1-ALR 50.00 3.42800% 0.00000000 0.00000000 0.00000000 0.00000000
2-A1 170,250,000.00 4.18300% 720.37693703 2.51111395 0.00000000 0.00000000
2-A2 40,000,000.00 3.60100% 720.37693700 2.16173125 0.00000000 0.00000000
2-A3 75,000,000.00 3.87600% 720.37693707 2.32681747 0.00000000 0.00000000
2-A4 333,322,000.00 4.34100% 720.37693702 2.60596357 0.00000000 0.00000000
2-A5 30,000,000.00 4.18300% 720.37693700 2.51111400 0.00000000 0.00000000
2-A6 818,000.00 4.18300% 720.37693154 2.51111247 0.00000000 0.00000000
3-A1 51,285,000.00 4.56900% 820.22284547 3.12299854 0.00000000 0.00000000
AP 1,079,908.00 0.00000% 984.61269849 0.00000000 0.00000000 0.00000000
B-1 11,254,000.00 4.10170% 994.13919495 3.39805403 0.00000000 0.00000000
B-2 4,328,000.00 4.10170% 994.13919362 3.39805222 0.00000000 0.00000000
B-3 3,029,000.00 4.10170% 994.13919445 3.39805546 0.00000000 0.00000000
B-4 1,732,000.00 4.10170% 994.13919746 3.39805427 0.00000000 0.00000000
B-5 1,298,000.00 4.10170% 994.13919106 3.39805855 0.00000000 0.00000000
B-6 1,298,983.00 4.10170% 994.13919197 3.39805833 0.00000000 0.00000000
W-IO 0.00 0.62466% 705.65055170 0.36732589 0.00000000 0.00000000
SES 0.00 0.00000% 711.00121739 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 0.00000007 0.00000000 1.65647272 0.00000000 550.86199689
1-A2 0.00000000 0.00000000 1.65647390 0.00000000 550.86199732
1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-ALR 0.00000000 0.00000000 2.60000000 0.00000000 0.00000000
2-A1 0.00000006 0.00000000 2.51111389 0.00000000 685.46049398
2-A2 0.00000000 0.00000000 2.16173100 0.00000000 685.46049400
2-A3 0.00000000 0.00000000 2.32681747 0.00000000 685.46049400
2-A4 0.00000006 0.00000000 2.60596351 0.00000000 685.46049397
2-A5 0.00000000 0.00000000 2.51111400 0.00000000 685.46049400
2-A6 0.00000000 0.00000000 2.51111247 0.00000000 685.46048900
3-A1 0.00000000 0.00000000 3.12299834 0.00000000 812.41198791
AP 0.00000000 0.00000000 0.00000000 0.00000000 982.92681414
B-1 0.00000000 0.00000000 3.39805403 0.00000000 993.09976631
B-2 0.00000000 0.00000000 3.39805222 0.00000000 993.09976664
B-3 0.00000000 0.00000000 3.39805546 0.00000000 993.09976560
B-4 0.00000000 0.00000000 3.39805427 0.00000000 993.09976905
B-5 0.00000000 0.00000000 3.39805855 0.00000000 993.09976888
B-6 0.00000000 0.00000000 3.39805833 0.00000000 993.09976343
W-IO 0.00000000 0.00000000 0.36732589 0.00000000 673.62608943
SES 0.00000000 0.00000000 0.13455323 0.00000000 679.59311507
<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>
AP (2) 0.00000% 0.00 0.00 1,010,697.78 1,008,947.55 98.25197342%
AP (3) 0.00000% 0.00 0.00 52,593.36 52,522.98 99.08126769%
W-IO (1) 0.73916% 85,522,881.40 81,430,827.43 0.00 0.00 56.25250920%
W-IO (2) 0.59850% 471,284,310.86 448,618,321.79 0.00 0.00 68.75890611%
W-IO (3) 0.68563% 41,608,306.81 41,208,524.32 0.00 0.00 81.08228185%
SES (1) 0.00000% 85,522,881.40 81,430,827.43 0.00 0.00 56.25250892%
SES (2) 0.00000% 486,425,953.88 463,732,873.91 0.00 0.00 69.40837865%
SES (3) 0.00000% 43,506,611.25 43,104,326.71 0.00 0.00 81.73573436%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 29,748,637.26
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 29,748,637.26
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 27,182.63
Payment of Interest and Principal 29,721,454.63
Total Withdrawals (Pool Distribution Amount) 29,748,637.26
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 25,644.09
Trustee Fee - Wells Fargo Bank, N.A. 1,538.54
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 27,182.63
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
503,673.47 0.00 0.00 503,673.47
30 Days 4 0 0 0 4
1,682,410.48 0.00 0.00 0.00 1,682,410.48
60 Days 1 0 0 0 1
371,437.92 0.00 0.00 0.00 371,437.92
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 5 1 0 0 6
2,053,848.40 503,673.47 0.00 0.00 2,557,521.87
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 0.085470% 0.000000% 0.000000% 0.085470%
0.085548% 0.000000% 0.000000% 0.085548%
30 Days 0.341880% 0.000000% 0.000000% 0.000000% 0.341880%
0.285754% 0.000000% 0.000000% 0.000000% 0.285754%
60 Days 0.085470% 0.000000% 0.000000% 0.000000% 0.085470%
0.063088% 0.000000% 0.000000% 0.000000% 0.063088%
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 0.427350% 0.085470% 0.000000% 0.000000% 0.512821%
0.348843% 0.085548% 0.000000% 0.000000% 0.434391%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1 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 2 0 0 0 2
788,628.93 0.00 0.00 0.00 788,628.93
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 2 0 0 0 2
788,628.93 0.00 0.00 0.00 788,628.93
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.190476% 0.000000% 0.000000% 0.000000% 1.190476%
0.967331% 0.000000% 0.000000% 0.000000% 0.967331%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 1.190476% 0.000000% 0.000000% 0.000000% 1.190476%
0.967331% 0.000000% 0.000000% 0.000000% 0.967331%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
2 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
503,673.47 0.00 0.00 503,673.47
30 Days 2 0 0 0 2
893,781.55 0.00 0.00 0.00 893,781.55
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 2 1 0 0 3
893,781.55 503,673.47 0.00 0.00 1,397,455.02
0-29 Days 0.108814% 0.000000% 0.000000% 0.108814%
0.108530% 0.000000% 0.000000% 0.108530%
30 Days 0.217628% 0.000000% 0.000000% 0.000000% 0.217628%
0.192588% 0.000000% 0.000000% 0.000000% 0.192588%
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 0.217628% 0.108814% 0.000000% 0.000000% 0.326442%
0.192588% 0.108530% 0.000000% 0.000000% 0.301118%
<caption>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
3 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 1 0 0 0 1
371,437.92 0.00 0.00 0.00 371,437.92
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 0 0 0 1
371,437.92 0.00 0.00 0.00 371,437.92
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 1.204819% 0.000000% 0.000000% 0.000000% 1.204819%
0.860892% 0.000000% 0.000000% 0.000000% 0.860892%
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 1.204819% 0.000000% 0.000000% 0.000000% 1.204819%
0.860892% 0.000000% 0.000000% 0.000000% 0.860892%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 10,753.20
COLLATERAL STATEMENT
Collateral Description Mixed ARM
Weighted Average Gross Coupon 4.983572%
Weighted Average Pass-Through Rate 4.713202%
Weighted Average Maturity(Stepdown Calculation ) 351
Beginning Scheduled Collateral Loan Count 1,220
Number Of Loans Paid In Full 50
Ending Scheduled Collateral Loan Count 1,170
Beginning Scheduled Collateral Balance 615,455,446.53
Ending Scheduled Collateral Balance 588,268,028.05
Ending Actual Collateral Balance at 31-Oct-2003 588,760,892.27
Monthly P &I Constant 3,193,990.96
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 29,499,545.88
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 588,268,028.05
Scheduled Principal 638,019.05
Unscheduled Principal 26,549,399.43
Miscellaneous Reporting
Total Senior Percentage 96.288115%
Aggregate Subordinate Percentage 3.711886%
Group Level Collateral Statement
Group 1 2 3
Collateral Description 3 Year LIBOR Arm 5 Year LIBOR Arm 7 Year LIBOR Arm
Weighted Average Coupon Rate 4.545163 5.016950 5.472187
Weighted Average Net Rate 4.295164 4.766950 5.222186
Weighted Average Maturity 350 351 351
Beginning Loan Count 175 961 84
Loans Paid In Full 7 42 1
Ending Loan Count 168 919 83
Beginning Scheduled Balance 85,522,881.40 486,425,953.88 43,506,611.25
Ending scheduled Balance 81,430,827.43 463,732,873.91 43,104,326.71
Record Date 10/31/2003 10/31/2003 10/31/2003
Principal And Interest Constant 442,304.56 2,502,085.86 249,600.54
Scheduled Principal 118,375.00 468,440.42 51,203.63
Unscheduled Principal 3,973,678.97 22,224,639.55 351,080.91
Scheduled Interest 323,929.56 2,033,645.44 198,396.91
Servicing Fees 17,817.26 101,338.75 9,063.88
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 213.81 1,216.06 108.77
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 8,908.65 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 296,989.84 1,931,090.63 189,224.26
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 4.167163 4.763950 5.219187
Group Level Collateral Statement
Group Total
Collateral Description Mixed ARM
Weighted Average Coupon Rate 4.983572
Weighted Average Net Rate 4.716202
Weighted Average Maturity 351
Beginning Loan Count 1,220
Loans Paid In Full 50
Ending Loan Count 1,170
Beginning Scheduled Balance 615,455,446.53
Ending scheduled Balance 588,268,028.05
Record Date 10/31/2003
Principal And Interest Constant 3,193,990.96
Scheduled Principal 638,019.05
Unscheduled Principal 26,549,399.43
Scheduled Interest 2,555,971.91
Servicing Fees 128,219.89
Master Servicing Fees 0.00
Trustee Fee 1,538.64
FRY Amount 0.00
Special Hazard Fee 0.00
Other Fee 8,908.65
Pool Insurance Fee 0.00
Spread Fee 1 0.00
Spread Fee 2 0.00
Spread Fee 3 0.00
Net Interest 2,417,304.73
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Percentage of Cumulative Losses 0.0000
Prepayment Penalties 0.00
Special Servicing Fee 0.00
Pass-Through Rate 4.713202
Miscellaneous Reporting
Group 1
CPR 43.545739%
Group 1 Subordinate Percentage 4.451407%
Group 1 Subordinate Prepayment % 0.000000%
Group 1 Senior Prepayment Percentage 100.000000%
Group 1 Senior Percentage 95.548593%
Group 2
CPR 42.978978%
Group 2 Subordinate Percentage 3.627754%
Group 2 Subordinate Prepayment % 0.000000%
Group 2 Senior Prepayment Percentage 100.000000%
Group 2 Senior Percentage 96.372246%
Group 3
CPR 9.275527%
Group 3 Subordinate Percentage 3.196227%
Group 3 Subordinate Prepayment % 0.000000%
Group 3 Senior Prepayment Percentage 100.000000%
Group 3 Senior Percentage 96.803773%