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): September 27, 2004
BANC OF AMERICA ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-6 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-05 54-2121750
Pooling and Servicing Agreement) (Commission IRS EIN
(State or other File Number)
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 September 27, 2004 a distribution was made to holders of BANC OF AMERICA
ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-6
Trust.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Mortgage Pass-Through Certificates,
Series 2003-6 Trust, relating to the
September 27, 2004 distribution.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BANC OF AMERICA ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-6 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: 9/27/2004
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2003-6 Trust,
relating to the September 27, 2004 distribution.
EX-99.1
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 8/31/2004
Distribution Date: 9/27/2004
BAA Series: 2003-6
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>
CB-1 05948KDH9 SEN 5.50000% 273,175,808.52 1,252,055.61 4,952,861.83
CB-WIO 05948KDK2 SEN 0.38868% 0.00 72,958.34 0.00
CB-R 05948KDJ5 SEN 5.50000% 0.00 0.00 0.00
NC-1 05948KDL0 SEN 5.00000% 30,944,169.40 128,934.02 687,808.28
NC-2 05948KDM8 SEN 8.00000% 6,188,833.88 41,258.89 137,561.66
NC-3 05948KDN6 SEN 5.50000% 2,000,000.00 9,166.67 0.00
NC-4 05948KDP1 SEN 5.50000% 2,000,000.00 9,166.67 0.00
NC-5 05948KDQ9 SEN 5.50000% 2,000,000.00 9,166.67 0.00
NC-WIO 05948KDR7 SEN 0.30606% 0.00 10,464.11 0.00
2-A-1 05948KDZ9 SEN 4.75000% 84,112,939.59 332,947.02 2,034,441.40
2-A-WIO 05948KEA3 SEN 0.55907% 0.00 33,740.24 0.00
A-PO 05948KDS5 STP 0.00000% 1,998,617.19 0.00 52,179.19
1-B-1 05948KDT3 SUB 5.50000% 8,492,589.69 38,924.36 9,448.93
1-B-2 05948KDU0 SUB 5.50000% 3,950,385.80 18,105.93 4,395.24
1-B-3 05948KDV8 SUB 5.50000% 1,973,713.35 9,046.18 2,195.97
1-B-4 05948KEB1 SUB 5.50000% 1,975,686.08 9,055.23 2,198.17
1-B-5 05948KEC9 SUB 5.50000% 1,381,895.26 6,333.69 1,537.51
1-B-6 05948KED7 SUB 5.50000% 1,581,324.15 7,247.73 1,759.40
2-B-1 05948KDW6 SUB 4.75000% 1,079,084.97 4,271.38 4,632.90
2-B-2 05948KDX4 SUB 4.75000% 343,560.92 1,359.93 1,475.03
2-B-3 05948KDY2 SUB 4.75000% 343,560.92 1,359.93 1,475.03
2-B-4 05948KEE5 SUB 4.75000% 195,507.04 773.88 839.38
2-B-5 05948KEF2 SUB 4.75000% 98,702.58 390.70 423.77
2-B-6 05948KEG0 SUB 4.75000% 147,349.67 583.26 632.63
SES 05948KEH8 SEN 0.00000% 0.00 76,303.60 0.00
Totals 423,983,729.01 2,073,614.04 7,895,866.32
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
CB-1 0.00 268,222,946.68 6,204,917.44 0.00
CB-WIO 0.00 0.00 72,958.34 0.00
CB-R 0.00 0.00 0.00 0.00
NC-1 0.00 30,256,361.12 816,742.30 0.00
NC-2 0.00 6,051,272.22 178,820.55 0.00
NC-3 0.00 2,000,000.00 9,166.67 0.00
NC-4 0.00 2,000,000.00 9,166.67 0.00
NC-5 0.00 2,000,000.00 9,166.67 0.00
NC-WIO 0.00 0.00 10,464.11 0.00
2-A-1 0.00 82,078,498.19 2,367,388.42 0.00
2-A-WIO 0.00 0.00 33,740.24 0.00
A-PO 0.00 1,946,438.00 52,179.19 0.00
1-B-1 0.00 8,483,140.76 48,373.29 0.00
1-B-2 0.00 3,945,990.56 22,501.17 0.00
1-B-3 0.00 1,971,517.38 11,242.15 0.00
1-B-4 0.00 1,973,487.91 11,253.40 0.00
1-B-5 0.00 1,380,357.75 7,871.20 0.00
1-B-6 0.00 1,579,564.75 9,007.13 0.00
2-B-1 0.00 1,074,452.07 8,904.28 0.00
2-B-2 0.00 342,085.88 2,834.96 0.00
2-B-3 0.00 342,085.88 2,834.96 0.00
2-B-4 0.00 194,667.66 1,613.26 0.00
2-B-5 0.00 98,278.82 814.47 0.00
2-B-6 0.00 146,717.04 1,215.89 0.00
SES 0.00 0.00 76,303.60 0.00
Totals 0.00 416,087,862.67 9,969,480.36 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>
CB-1 323,459,000.00 273,175,808.52 304,333.12 4,648,528.72 0.00 0.00
CB-WIO 0.00 0.00 0.00 0.00 0.00 0.00
CB-R 100.00 0.00 0.00 0.00 0.00 0.00
NC-1 41,307,500.00 30,944,169.40 39,687.92 648,120.36 0.00 0.00
NC-2 8,261,500.00 6,188,833.88 7,937.58 129,624.07 0.00 0.00
NC-3 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
NC-4 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
NC-5 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
NC-WIO 0.00 0.00 0.00 0.00 0.00 0.00
2-A-1 100,612,000.00 84,112,939.59 361,127.21 1,673,314.19 0.00 0.00
2-A-WIO 0.00 0.00 0.00 0.00 0.00 0.00
A-PO 2,211,773.59 1,998,617.19 3,890.78 48,288.40 0.00 0.00
1-B-1 8,610,000.00 8,492,589.69 9,448.93 0.00 0.00 0.00
1-B-2 4,005,000.00 3,950,385.80 4,395.24 0.00 0.00 0.00
1-B-3 2,001,000.00 1,973,713.35 2,195.97 0.00 0.00 0.00
1-B-4 2,003,000.00 1,975,686.08 2,198.17 0.00 0.00 0.00
1-B-5 1,401,000.00 1,381,895.26 1,537.51 0.00 0.00 0.00
1-B-6 1,603,186.00 1,581,324.15 1,759.40 0.00 0.00 0.00
2-B-1 1,137,000.00 1,079,084.97 4,632.90 0.00 0.00 0.00
2-B-2 362,000.00 343,560.92 1,475.03 0.00 0.00 0.00
2-B-3 362,000.00 343,560.92 1,475.03 0.00 0.00 0.00
2-B-4 206,000.00 195,507.04 839.38 0.00 0.00 0.00
2-B-5 104,000.00 98,702.58 423.77 0.00 0.00 0.00
2-B-6 155,258.00 147,349.67 632.63 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 503,801,317.59 423,983,729.01 747,990.57 7,147,875.74 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>
CB-1 4,952,861.83 268,222,946.68 0.82923322 4,952,861.83
CB-WIO 0.00 0.00 0.00000000 0.00
CB-R 0.00 0.00 0.00000000 0.00
NC-1 687,808.28 30,256,361.12 0.73246653 687,808.28
NC-2 137,561.66 6,051,272.22 0.73246653 137,561.66
NC-3 0.00 2,000,000.00 1.00000000 0.00
NC-4 0.00 2,000,000.00 1.00000000 0.00
NC-5 0.00 2,000,000.00 1.00000000 0.00
NC-WIO 0.00 0.00 0.00000000 0.00
2-A-1 2,034,441.40 82,078,498.19 0.81579233 2,034,441.40
2-A-WIO 0.00 0.00 0.00000000 0.00
A-PO 52,179.19 1,946,438.00 0.88003492 52,179.19
1-B-1 9,448.93 8,483,140.76 0.98526606 9,448.93
1-B-2 4,395.24 3,945,990.56 0.98526606 4,395.24
1-B-3 2,195.97 1,971,517.38 0.98526606 2,195.97
1-B-4 2,198.17 1,973,487.91 0.98526606 2,198.17
1-B-5 1,537.51 1,380,357.75 0.98526606 1,537.51
1-B-6 1,759.40 1,579,564.75 0.98526606 1,759.40
2-B-1 4,632.90 1,074,452.07 0.94498863 4,632.90
2-B-2 1,475.03 342,085.88 0.94498862 1,475.03
2-B-3 1,475.03 342,085.88 0.94498862 1,475.03
2-B-4 839.38 194,667.66 0.94498864 839.38
2-B-5 423.77 98,278.82 0.94498865 423.77
2-B-6 632.63 146,717.04 0.94498860 632.63
SES 0.00 0.00 0.00000000 0.00
Totals 7,895,866.32 416,087,862.67 0.82589673 7,895,866.32
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>
CB-1 323,459,000.00 844.54539376 0.94087077 14.37130740 0.00000000
CB-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
CB-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 41,307,500.00 749.11745809 0.96079211 15.69013763 0.00000000
NC-2 8,261,500.00 749.11745809 0.96079162 15.69013738 0.00000000
NC-3 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-4 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-5 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 100,612,000.00 836.01299636 3.58930555 16.63135799 0.00000000
2-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 2,211,773.59 903.62648285 1.75912219 21.83243358 0.00000000
1-B-1 8,610,000.00 986.36349477 1.09743670 0.00000000 0.00000000
1-B-2 4,005,000.00 986.36349563 1.09743820 0.00000000 0.00000000
1-B-3 2,001,000.00 986.36349325 1.09743628 0.00000000 0.00000000
1-B-4 2,003,000.00 986.36349476 1.09743884 0.00000000 0.00000000
1-B-5 1,401,000.00 986.36349750 1.09743754 0.00000000 0.00000000
1-B-6 1,603,186.00 986.36349744 1.09743972 0.00000000 0.00000000
2-B-1 1,137,000.00 949.06329815 4.07467018 0.00000000 0.00000000
2-B-2 362,000.00 949.06331492 4.07466851 0.00000000 0.00000000
2-B-3 362,000.00 949.06331492 4.07466851 0.00000000 0.00000000
2-B-4 206,000.00 949.06330097 4.07466019 0.00000000 0.00000000
2-B-5 104,000.00 949.06326923 4.07471154 0.00000000 0.00000000
2-B-6 155,258.00 949.06330109 4.07470146 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>
CB-1 0.00000000 15.31217814 829.23321559 0.82923322 15.31217814
CB-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 0.00000000 16.65092973 732.46652835 0.73246653 16.65092973
NC-2 0.00000000 16.65093022 732.46652787 0.73246653 16.65093022
NC-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
NC-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
NC-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
NC-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 20.22066354 815.79233282 0.81579233 20.22066354
2-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 0.00000000 23.59156029 880.03492256 0.88003492 23.59156029
1-B-1 0.00000000 1.09743670 985.26605807 0.98526606 1.09743670
1-B-2 0.00000000 1.09743820 985.26605743 0.98526606 1.09743820
1-B-3 0.00000000 1.09743628 985.26605697 0.98526606 1.09743628
1-B-4 0.00000000 1.09743884 985.26605592 0.98526606 1.09743884
1-B-5 0.00000000 1.09743754 985.26605996 0.98526606 1.09743754
1-B-6 0.00000000 1.09743972 985.26605771 0.98526606 1.09743972
2-B-1 0.00000000 4.07467018 944.98862797 0.94498863 4.07467018
2-B-2 0.00000000 4.07466851 944.98861878 0.94498862 4.07466851
2-B-3 0.00000000 4.07466851 944.98861878 0.94498862 4.07466851
2-B-4 0.00000000 4.07466019 944.98864078 0.94498864 4.07466019
2-B-5 0.00000000 4.07471154 944.98865385 0.94498865 4.07471154
2-B-6 0.00000000 4.07470146 944.98859962 0.94498860 4.07470146
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>
CB-1 323,459,000.00 5.50000% 273,175,808.52 1,252,055.79 0.00 0.00
CB-WIO 0.00 0.38868% 225,246,709.54 72,958.34 0.00 0.00
CB-R 100.00 5.50000% 0.00 0.00 0.00 0.00
NC-1 41,307,500.00 5.00000% 30,944,169.40 128,934.04 0.00 0.00
NC-2 8,261,500.00 8.00000% 6,188,833.88 41,258.89 0.00 0.00
NC-3 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
NC-4 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
NC-5 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
NC-WIO 0.00 0.30606% 41,028,197.15 10,464.11 0.00 0.00
2-A-1 100,612,000.00 4.75000% 84,112,939.59 332,947.05 0.00 0.00
2-A-WIO 0.00 0.55907% 72,421,452.89 33,740.24 0.00 0.00
A-PO 2,211,773.59 0.00000% 1,998,617.19 0.00 0.00 0.00
1-B-1 8,610,000.00 5.50000% 8,492,589.69 38,924.37 0.00 0.00
1-B-2 4,005,000.00 5.50000% 3,950,385.80 18,105.93 0.00 0.00
1-B-3 2,001,000.00 5.50000% 1,973,713.35 9,046.19 0.00 0.00
1-B-4 2,003,000.00 5.50000% 1,975,686.08 9,055.23 0.00 0.00
1-B-5 1,401,000.00 5.50000% 1,381,895.26 6,333.69 0.00 0.00
1-B-6 1,603,186.00 5.50000% 1,581,324.15 7,247.74 0.00 0.00
2-B-1 1,137,000.00 4.75000% 1,079,084.97 4,271.38 0.00 0.00
2-B-2 362,000.00 4.75000% 343,560.92 1,359.93 0.00 0.00
2-B-3 362,000.00 4.75000% 343,560.92 1,359.93 0.00 0.00
2-B-4 206,000.00 4.75000% 195,507.04 773.88 0.00 0.00
2-B-5 104,000.00 4.75000% 98,702.58 390.70 0.00 0.00
2-B-6 155,258.00 4.75000% 147,349.67 583.26 0.00 0.00
SES 0.00 0.00000% 423,983,729.57 0.00 0.00 0.00
Totals 503,801,317.59 1,997,310.70 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>
CB-1 0.18 0.00 1,252,055.61 0.00 268,222,946.68
CB-WIO 0.00 0.00 72,958.34 0.00 221,430,356.53
CB-R 0.00 0.00 0.00 0.00 0.00
NC-1 0.02 0.00 128,934.02 0.00 30,256,361.12
NC-2 0.01 0.00 41,258.89 0.00 6,051,272.22
NC-3 0.00 0.00 9,166.67 0.00 2,000,000.00
NC-4 0.00 0.00 9,166.67 0.00 2,000,000.00
NC-5 0.00 0.00 9,166.67 0.00 2,000,000.00
NC-WIO 0.00 0.00 10,464.11 0.00 40,205,580.86
2-A-1 0.03 0.00 332,947.02 0.00 82,078,498.19
2-A-WIO 0.00 0.00 33,740.24 0.00 70,784,949.38
A-PO 0.00 0.00 0.00 0.00 1,946,438.00
1-B-1 0.01 0.00 38,924.36 0.00 8,483,140.76
1-B-2 0.00 0.00 18,105.93 0.00 3,945,990.56
1-B-3 0.00 0.00 9,046.18 0.00 1,971,517.38
1-B-4 0.00 0.00 9,055.23 0.00 1,973,487.91
1-B-5 0.00 0.00 6,333.69 0.00 1,380,357.75
1-B-6 0.00 0.00 7,247.73 0.00 1,579,564.75
2-B-1 0.00 0.00 4,271.38 0.00 1,074,452.07
2-B-2 0.00 0.00 1,359.93 0.00 342,085.88
2-B-3 0.00 0.00 1,359.93 0.00 342,085.88
2-B-4 0.00 0.00 773.88 0.00 194,667.66
2-B-5 0.00 0.00 390.70 0.00 98,278.82
2-B-6 0.00 0.00 583.26 0.00 146,717.04
SES 0.00 0.00 76,303.60 0.00 416,087,863.27
Totals 0.25 0.00 2,073,614.04 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>
CB-1 323,459,000.00 5.50000% 844.54539376 3.87083306 0.00000000 0.00000000
CB-WIO 0.00 0.38868% 837.76415211 0.27135527 0.00000000 0.00000000
CB-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 41,307,500.00 5.00000% 749.11745809 3.12132276 0.00000000 0.00000000
NC-2 8,261,500.00 8.00000% 749.11745809 4.99411608 0.00000000 0.00000000
NC-3 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
NC-4 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
NC-5 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
NC-WIO 0.00 0.30606% 767.94219397 0.19586119 0.00000000 0.00000000
2-A-1 100,612,000.00 4.75000% 836.01299636 3.30921809 0.00000000 0.00000000
2-A-WIO 0.00 0.55907% 830.24319344 0.38679982 0.00000000 0.00000000
A-PO 2,211,773.59 0.00000% 903.62648285 0.00000000 0.00000000 0.00000000
1-B-1 8,610,000.00 5.50000% 986.36349477 4.52083275 0.00000000 0.00000000
1-B-2 4,005,000.00 5.50000% 986.36349563 4.52083146 0.00000000 0.00000000
1-B-3 2,001,000.00 5.50000% 986.36349325 4.52083458 0.00000000 0.00000000
1-B-4 2,003,000.00 5.50000% 986.36349476 4.52083375 0.00000000 0.00000000
1-B-5 1,401,000.00 5.50000% 986.36349750 4.52083512 0.00000000 0.00000000
1-B-6 1,603,186.00 5.50000% 986.36349744 4.52083539 0.00000000 0.00000000
2-B-1 1,137,000.00 4.75000% 949.06329815 3.75671064 0.00000000 0.00000000
2-B-2 362,000.00 4.75000% 949.06331492 3.75671271 0.00000000 0.00000000
2-B-3 362,000.00 4.75000% 949.06331492 3.75671271 0.00000000 0.00000000
2-B-4 206,000.00 4.75000% 949.06330097 3.75669903 0.00000000 0.00000000
2-B-5 104,000.00 4.75000% 949.06326923 3.75673077 0.00000000 0.00000000
2-B-6 155,258.00 4.75000% 949.06330109 3.75671463 0.00000000 0.00000000
SES 0.00 0.00000% 841.56931369 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>
CB-1 0.00000056 0.00000000 3.87083250 0.00000000 829.23321559
CB-WIO 0.00000000 0.00000000 0.27135527 0.00000000 823.56992149
CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 0.00000048 0.00000000 3.12132228 0.00000000 732.46652835
NC-2 0.00000121 0.00000000 4.99411608 0.00000000 732.46652787
NC-3 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
NC-4 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
NC-5 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
NC-WIO 0.00000000 0.00000000 0.19586119 0.00000000 752.54493544
2-A-1 0.00000030 0.00000000 3.30921779 0.00000000 815.79233282
2-A-WIO 0.00000000 0.00000000 0.38679982 0.00000000 811.48223455
A-PO 0.00000000 0.00000000 0.00000000 0.00000000 880.03492256
1-B-1 0.00000116 0.00000000 4.52083159 0.00000000 985.26605807
1-B-2 0.00000000 0.00000000 4.52083146 0.00000000 985.26605743
1-B-3 0.00000000 0.00000000 4.52082959 0.00000000 985.26605697
1-B-4 0.00000000 0.00000000 4.52083375 0.00000000 985.26605592
1-B-5 0.00000000 0.00000000 4.52083512 0.00000000 985.26605996
1-B-6 0.00000000 0.00000000 4.52082915 0.00000000 985.26605771
2-B-1 0.00000000 0.00000000 3.75671064 0.00000000 944.98862797
2-B-2 0.00000000 0.00000000 3.75671271 0.00000000 944.98861878
2-B-3 0.00000000 0.00000000 3.75671271 0.00000000 944.98861878
2-B-4 0.00000000 0.00000000 3.75669903 0.00000000 944.98864078
2-B-5 0.00000000 0.00000000 3.75673077 0.00000000 944.98865385
2-B-6 0.00000000 0.00000000 3.75671463 0.00000000 944.98859962
SES 0.00000000 0.00000000 0.15145574 0.00000000 825.89673402
<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>
CB-PO 0.00000% 0.00 0.00 1,562,724.70 1,531,796.27 88.38393454%
NC-PO 0.00000% 0.00 0.00 57,086.66 57,009.55 98.00299908%
2-A-PO 0.00000% 0.00 0.00 378,805.84 357,632.18 85.05206521%
CB-SES 0.00000% 291,265,999.13 286,263,796.35 0.00 0.00 83.71547929%
NC-SES 0.00000% 46,018,218.62 45,189,648.89 0.00 0.00 77.25504303%
2-SES 0.00000% 86,699,511.82 84,634,418.03 0.00 0.00 81.88413903%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 9,988,736.35
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 0.00
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 0.00
Total Deposits 9,988,736.35
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 19,255.99
Payment of Interest and Principal 9,969,480.36
Total Withdrawals (Pool Distribution Amount) 9,988,736.35
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 17,665.99
Trustee Fee 1,590.00
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 19,255.99
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 2 0 0 2
412,869.24 0.00 0.00 412,869.24
30 Days 16 0 0 0 16
2,058,444.43 0.00 0.00 0.00 2,058,444.43
60 Days 3 0 0 0 3
436,427.27 0.00 0.00 0.00 436,427.27
90 Days 1 0 0 0 1
123,563.21 0.00 0.00 0.00 123,563.21
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 1 0 1
0.00 0.00 322,371.05 0.00 322,371.05
Totals 20 2 1 0 23
2,618,434.91 412,869.24 322,371.05 0.00 3,353,675.20
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 0.064433% 0.000000% 0.000000% 0.064433%
0.099080% 0.000000% 0.000000% 0.099080%
30 Days 0.515464% 0.000000% 0.000000% 0.000000% 0.515464%
0.493983% 0.000000% 0.000000% 0.000000% 0.493983%
60 Days 0.096649% 0.000000% 0.000000% 0.000000% 0.096649%
0.104733% 0.000000% 0.000000% 0.000000% 0.104733%
90 Days 0.032216% 0.000000% 0.000000% 0.000000% 0.032216%
0.029653% 0.000000% 0.000000% 0.000000% 0.029653%
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% 0.032216% 0.000000% 0.032216%
0.000000% 0.000000% 0.077362% 0.000000% 0.077362%
Totals 0.644330% 0.064433% 0.032216% 0.000000% 0.740979%
0.628369% 0.099080% 0.077362% 0.000000% 0.804811%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1CB -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 1 0 0 1
58,061.18 0.00 0.00 58,061.18
30 Days 10 0 0 0 10
1,615,842.15 0.00 0.00 0.00 1,615,842.15
60 Days 2 0 0 0 2
354,455.29 0.00 0.00 0.00 354,455.29
90 Days 1 0 0 0 1
123,563.21 0.00 0.00 0.00 123,563.21
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 13 1 0 0 14
2,093,860.65 58,061.18 0.00 0.00 2,151,921.83
0-29 Days 0.046970% 0.000000% 0.000000% 0.046970%
0.020263% 0.000000% 0.000000% 0.020263%
30 Days 0.469704% 0.000000% 0.000000% 0.000000% 0.469704%
0.563928% 0.000000% 0.000000% 0.000000% 0.563928%
60 Days 0.093941% 0.000000% 0.000000% 0.000000% 0.093941%
0.123705% 0.000000% 0.000000% 0.000000% 0.123705%
90 Days 0.046970% 0.000000% 0.000000% 0.000000% 0.046970%
0.043124% 0.000000% 0.000000% 0.000000% 0.043124%
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 0.610615% 0.046970% 0.000000% 0.000000% 0.657586%
0.730757% 0.020263% 0.000000% 0.000000% 0.751020%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1NC -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 1 0 0 1
354,808.06 0.00 0.00 354,808.06
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 1 0 1
0.00 0.00 322,371.05 0.00 322,371.05
Totals 0 1 1 0 2
0.00 354,808.06 322,371.05 0.00 677,179.11
0-29 Days 1.020408% 0.000000% 0.000000% 1.020408%
0.784342% 0.000000% 0.000000% 0.784342%
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% 1.020408% 0.000000% 1.020408%
0.000000% 0.000000% 0.712637% 0.000000% 0.712637%
Totals 0.000000% 1.020408% 1.020408% 0.000000% 2.040816%
0.000000% 0.784342% 0.712637% 0.000000% 1.496979%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
2 - 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 6 0 0 0 6
442,602.28 0.00 0.00 0.00 442,602.28
60 Days 1 0 0 0 1
81,971.98 0.00 0.00 0.00 81,971.98
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 7 0 0 0 7
524,574.26 0.00 0.00 0.00 524,574.26
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.684151% 0.000000% 0.000000% 0.000000% 0.684151%
0.521115% 0.000000% 0.000000% 0.000000% 0.521115%
60 Days 0.114025% 0.000000% 0.000000% 0.000000% 0.114025%
0.096513% 0.000000% 0.000000% 0.000000% 0.096513%
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 0.798176% 0.000000% 0.000000% 0.000000% 0.798176%
0.617628% 0.000000% 0.000000% 0.000000% 0.617628%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 0.00
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 5.907482%
Weighted Average Net Coupon 5.657482%
Weighted Average Pass-Through Rate 5.652982%
Weighted Average Maturity(Stepdown Calculation ) 344
Beginning Scheduled Collateral Loan Count 3,155
Number Of Loans Paid In Full 51
Ending Scheduled Collateral Loan Count 3,104
Beginning Scheduled Collateral Balance 423,983,729.57
Ending Scheduled Collateral Balance 416,087,863.27
Ending Actual Collateral Balance at 31-Aug-2004 416,703,360.87
Monthly P &I Constant 2,835,220.87
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Ending Scheduled Balance for Premium Loans 416,087,863.27
Scheduled Principal 747,990.56
Unscheduled Principal 7,147,875.74
Group Level Collateral Statement
Group 1CB -30 Year Fixed 1NC -30 Year Fixed 2 - 15 Year Fixed
Collateral Description Fixed 30 Year Fixed 30 Year Fixed 15 Year
Weighted Average Coupon Rate 6.025575 6.020545 5.450741
Weighted Average Net Rate 5.775574 5.770545 5.200741
Weighted Average Maturity 343 346 162
Beginning Loan Count 2,166 100 889
Loans Paid In Full 37 2 12
Ending Loan Count 2,129 98 877
Beginning Scheduled Balance 291,265,999.13 46,018,218.62 86,699,511.82
Ending scheduled Balance 286,263,796.35 45,189,648.89 84,634,418.03
Record Date 08/31/2004 08/31/2004 08/31/2004
Principal And Interest Constant 1,787,311.79 281,704.28 766,204.80
Scheduled Principal 324,774.31 50,825.30 372,390.95
Unscheduled Principal 4,677,428.47 777,744.43 1,692,702.84
Scheduled Interest 1,462,537.48 230,878.98 393,813.85
Servicing Fees 60,680.46 9,587.13 18,062.42
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,092.27 172.58 325.15
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 1,400,764.75 221,119.27 375,426.28
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 5.771074 5.766045 5.196241
Group Level Collateral Statement
Group Total
Collateral Description Fixed
Weighted Average Coupon Rate 5.907482
Weighted Average Net Rate 5.657482
Weighted Average Maturity 344
Beginning Loan Count 3,155
Loans Paid In Full 51
Ending Loan Count 3,104
Beginning Scheduled Balance 423,983,729.57
Ending scheduled Balance 416,087,863.27
Record Date 08/31/2004
Principal And Interest Constant 2,835,220.87
Scheduled Principal 747,990.56
Unscheduled Principal 7,147,875.74
Scheduled Interest 2,087,230.31
Servicing Fees 88,330.01
Master Servicing Fees 0.00
Trustee Fee 1,590.00
FRY Amount 0.00
Special Hazard Fee 0.00
Other Fee 0.00
Pool Insurance Fee 0.00
Spread Fee 1 0.00
Spread Fee 2 0.00
Spread Fee 3 0.00
Net Interest 1,997,310.30
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Percentage of Cumulative Losses 0.0000
Prepayment Penalties 0.00
Special Servicing Fee 0.00
Pass-Through Rate 5.652982
Miscellaneous Reporting
Group 1CB -30 Year Fixed
CPR 21.150841%
Group CB Subordinate Percentage 5.704963%
Group CB Subordinate Prepayment % 0.000000%
Group CB Senior Prepayment % 100.000000%
Group CB Senior Percentage 94.295037%
Group 1NC -30 Year Fixed
Group NC Subordinate Percentage 6.153305%
Group NC Subordinate Prepayment % 0.000000%
Group NC Senior Prepayment % 100.000000%
Group NC Senior Percentage 93.846695%
Group 2 - 15 Year Fixed
Group 2 Subordinate Percentage 2.557632%
Group 2 Subordinate Prepayment % 0.000000%
Group 2 Senior Prepayment % 100.000000%
Group 2 Senior Percentage 97.442368%
Group