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 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 September 27, 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
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 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: 9/29/2004
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 September 27, 2004 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 8/31/2004
Distribution Date: 9/27/2004
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% 1,752,800.64 8,033.67 84,445.58
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% 2,549,837.27 11,686.75 122,844.82
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 3.09188% 531,216.10 1,368.71 25,592.67
1-A9 05948XV81 SEN 7.90812% 531,216.10 3,500.77 25,592.67
1-A10 05948XV99 SEN 3.25000% 4,302,478.54 11,652.55 207,282.72
1-A11 05948XW23 SEN 11.13095% 1,449,498.13 13,445.25 69,833.22
1-A12 05948XW31 SEN 8.50000% 506,173.93 3,585.40 24,386.20
1-A13 05948XW49 SEN 4.00000% 24,197,050.40 80,656.83 163,371.61
1-A14 05948XW56 SEN 4.00000% 33,535,335.30 111,784.45 576,956.66
1-A15 05948XW64 SEN 4.62500% 51,918,000.00 200,100.62 0.00
1-A16 05948XW72 SEN 5.50000% 0.00 114,445.48 0.00
1-A17 05948XW80 SEN 5.25000% 21,231,000.00 92,885.62 0.00
1-A18 05948XW98 SEN 5.50000% 22,864,000.00 104,793.33 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% 79,734,908.69 365,451.66 1,313,013.79
2-A2 05948XX89 SEN 5.50000% 2,297,512.15 10,530.26 37,833.68
3-A1 05948XX97 SEN 5.00000% 64,895,000.22 270,395.82 301,070.46
4-A1 05948XY21 SEN 5.00000% 25,275,252.19 105,313.55 579,944.19
4-A2 05948XY39 SEN 5.00000% 728,766.94 3,036.53 16,721.66
5-A1 05948XY47 SEN 6.50000% 137,301,864.80 743,718.37 6,709,612.72
5-AIO 05948XY54 IO 0.50444% 0.00 52,278.38 0.00
PO 05948XY62 SEN 0.00000% 1,494,762.28 0.00 9,653.35
30-IO 05948XY88 IO 0.29270% 0.00 54,710.76 0.00
15-IO 05948XY70 IO 0.25729% 0.00 10,538.88 0.00
1-B1 05948XY96 SUB 5.50000% 4,179,740.99 19,157.15 4,436.97
1-B2 05948XZ20 SUB 5.50000% 1,567,651.07 7,185.07 1,664.13
1-B3 05948XZ38 SUB 5.50000% 783,329.13 3,590.26 831.54
1-B4 05948X2E0 SUB 5.50000% 522,219.42 2,393.51 554.36
1-B5 05948X2F7 SUB 5.50000% 392,160.97 1,797.40 416.29
1-B6 05948X2G5 SUB 5.50000% 392,261.25 1,797.86 416.40
X-B1 05948XZ46 SUB 5.37495% 1,611,386.70 7,217.60 2,872.51
X-B2 05948XZ53 SUB 5.37495% 584,881.01 2,619.76 1,042.63
X-B3 05948XZ61 SUB 5.37495% 439,648.73 1,969.24 783.73
X-B4 05948X2H3 SUB 5.37495% 219,330.38 982.41 390.98
X-B5 05948X2J9 SUB 5.37495% 220,318.35 986.83 392.75
X-B6 05948X2K6 SUB 5.37495% 146,651.01 656.87 261.42
3-B1 05948XZ79 SUB 5.00000% 546,166.58 2,275.69 2,194.15
3-B2 05948XZ87 SUB 5.00000% 167,452.14 697.72 672.72
3-B3 05948XZ95 SUB 5.00000% 126,562.67 527.34 508.45
3-B4 05948X2L4 SUB 5.00000% 125,589.11 523.29 504.54
3-B5 05948X2M2 SUB 5.00000% 41,863.04 174.43 168.18
3-B6 05948X2N0 SUB 5.00000% 84,734.68 353.06 340.41
5-B1 05948X2A8 SUB 6.50000% 3,831,773.83 20,755.44 7,625.64
5-B2 05948X2B6 SUB 6.50000% 548,242.97 2,969.65 1,091.06
5-B3 05948X2C4 SUB 6.50000% 409,947.45 2,220.55 815.84
5-B4 05948X2P5 SUB 6.50000% 273,627.57 1,482.15 544.55
5-B5 05948X2Q3 SUB 6.50000% 273,627.57 1,482.15 544.55
5-B6 05948X2R1 SUB 6.50000% 137,650.92 745.61 273.94
SES 05948X2D2 SEN 0.00000% 0.00 94,192.00 0.00
Totals 537,200,491.22 2,747,352.94 10,297,503.74
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 1,668,355.06 92,479.25 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 2,426,992.45 134,531.57 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 0.00 505,623.43 26,961.38 0.00
1-A9 0.00 505,623.43 29,093.44 0.00
1-A10 0.00 4,095,195.82 218,935.27 0.00
1-A11 0.00 1,379,664.91 83,278.47 0.00
1-A12 0.00 481,787.73 27,971.60 0.00
1-A13 0.00 24,033,678.78 244,028.44 0.00
1-A14 0.00 32,958,378.65 688,741.11 0.00
1-A15 0.00 51,918,000.00 200,100.62 0.00
1-A16 0.00 0.00 114,445.48 0.00
1-A17 0.00 21,231,000.00 92,885.62 0.00
1-A18 0.00 22,864,000.00 104,793.33 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 78,421,894.90 1,678,465.45 0.00
2-A2 0.00 2,259,678.47 48,363.94 0.00
3-A1 0.00 64,593,929.75 571,466.28 0.00
4-A1 0.00 24,695,307.99 685,257.74 0.00
4-A2 0.00 712,045.28 19,758.19 0.00
5-A1 0.00 130,592,252.08 7,453,331.09 0.00
5-AIO 0.00 0.00 52,278.38 0.00
PO 0.00 1,485,108.93 9,653.35 0.00
30-IO 0.00 0.00 54,710.76 0.00
15-IO 0.00 0.00 10,538.88 0.00
1-B1 0.00 4,175,304.03 23,594.12 0.00
1-B2 0.00 1,565,986.95 8,849.20 0.00
1-B3 0.00 782,497.60 4,421.80 0.00
1-B4 0.00 521,665.06 2,947.87 0.00
1-B5 0.00 391,744.68 2,213.69 0.00
1-B6 0.00 391,844.84 2,214.26 0.00
X-B1 0.00 1,608,514.19 10,090.11 0.00
X-B2 0.00 583,838.38 3,662.39 0.00
X-B3 0.00 438,865.00 2,752.97 0.00
X-B4 0.00 218,939.39 1,373.39 0.00
X-B5 0.00 219,925.61 1,379.58 0.00
X-B6 0.00 146,389.58 918.29 0.00
3-B1 0.00 543,972.43 4,469.84 0.00
3-B2 0.00 166,779.43 1,370.44 0.00
3-B3 0.00 126,054.22 1,035.79 0.00
3-B4 0.00 125,084.57 1,027.83 0.00
3-B5 0.00 41,694.86 342.61 0.00
3-B6 0.00 84,394.27 693.47 0.00
5-B1 0.00 3,824,148.19 28,381.08 0.00
5-B2 0.00 547,151.91 4,060.71 0.00
5-B3 0.00 409,131.61 3,036.39 0.00
5-B4 0.00 273,083.02 2,026.70 0.00
5-B5 0.00 273,083.02 2,026.70 0.00
5-B6 0.00 137,376.98 1,019.55 0.00
SES 0.00 0.00 94,192.00 0.00
Totals 0.00 526,902,987.48 13,044,856.68 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 1,752,800.64 14,328.77 70,116.81 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 2,549,837.27 20,844.37 102,000.45 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 2,500,000.00 531,216.10 4,342.58 21,250.09 0.00 0.00
1-A9 2,500,000.00 531,216.10 4,342.58 21,250.09 0.00 0.00
1-A10 20,248,250.00 4,302,478.54 35,171.83 172,110.89 0.00 0.00
1-A11 6,821,603.00 1,449,498.13 11,849.33 57,983.88 0.00 0.00
1-A12 2,382,147.00 506,173.93 4,137.86 20,248.34 0.00 0.00
1-A13 25,000,000.00 24,197,050.40 27,720.98 135,650.64 0.00 0.00
1-A14 36,371,000.00 33,535,335.30 97,898.29 479,058.36 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 79,734,908.69 84,815.06 1,228,198.73 0.00 0.00
2-A2 3,026,000.00 2,297,512.15 2,443.89 35,389.79 0.00 0.00
3-A1 84,959,000.00 64,895,000.22 260,706.83 40,363.63 0.00 0.00
4-A1 35,688,000.00 25,275,252.19 99,540.40 480,403.79 0.00 0.00
4-A2 1,029,000.00 728,766.94 2,870.07 13,851.59 0.00 0.00
5-A1 270,877,000.00 137,301,864.80 273,245.57 6,436,367.15 0.00 0.00
5-AIO 0.00 0.00 0.00 0.00 0.00 0.00
PO 1,684,723.00 1,494,762.28 3,162.12 6,491.23 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 4,179,740.99 4,436.97 0.00 0.00 0.00
1-B2 1,579,000.00 1,567,651.07 1,664.13 0.00 0.00 0.00
1-B3 789,000.00 783,329.13 831.54 0.00 0.00 0.00
1-B4 526,000.00 522,219.42 554.36 0.00 0.00 0.00
1-B5 395,000.00 392,160.97 416.29 0.00 0.00 0.00
1-B6 395,101.00 392,261.25 416.40 0.00 0.00 0.00
X-B1 1,631,000.00 1,611,386.70 2,872.51 0.00 0.00 0.00
X-B2 592,000.00 584,881.01 1,042.63 0.00 0.00 0.00
X-B3 445,000.00 439,648.73 783.73 0.00 0.00 0.00
X-B4 222,000.00 219,330.38 390.98 0.00 0.00 0.00
X-B5 223,000.00 220,318.35 392.75 0.00 0.00 0.00
X-B6 148,436.00 146,651.01 261.42 0.00 0.00 0.00
3-B1 561,000.00 546,166.58 2,194.15 0.00 0.00 0.00
3-B2 172,000.00 167,452.14 672.72 0.00 0.00 0.00
3-B3 130,000.00 126,562.67 508.45 0.00 0.00 0.00
3-B4 129,000.00 125,589.11 504.54 0.00 0.00 0.00
3-B5 43,000.00 41,863.04 168.18 0.00 0.00 0.00
3-B6 87,036.00 84,734.68 340.41 0.00 0.00 0.00
5-B1 3,879,000.00 3,831,773.83 7,625.64 0.00 0.00 0.00
5-B2 555,000.00 548,242.97 1,091.06 0.00 0.00 0.00
5-B3 415,000.00 409,947.45 815.84 0.00 0.00 0.00
5-B4 277,000.00 273,627.57 544.55 0.00 0.00 0.00
5-B5 277,000.00 273,627.57 544.55 0.00 0.00 0.00
5-B6 139,347.45 137,650.92 273.94 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 774,662,743.45 537,200,491.22 976,768.27 9,320,735.46 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 84,445.58 1,668,355.06 0.20224937 84,445.58
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 122,844.82 2,426,992.45 0.20224937 122,844.82
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 25,592.67 505,623.43 0.20224937 25,592.67
1-A9 25,592.67 505,623.43 0.20224937 25,592.67
1-A10 207,282.72 4,095,195.82 0.20224937 207,282.72
1-A11 69,833.22 1,379,664.91 0.20224937 69,833.22
1-A12 24,386.20 481,787.73 0.20224937 24,386.20
1-A13 163,371.61 24,033,678.78 0.96134715 163,371.61
1-A14 576,956.66 32,958,378.65 0.90617191 576,956.66
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 1,313,013.79 78,421,894.90 0.74675429 1,313,013.79
2-A2 37,833.68 2,259,678.47 0.74675429 37,833.68
3-A1 301,070.46 64,593,929.75 0.76029532 301,070.46
4-A1 579,944.19 24,695,307.99 0.69197792 579,944.19
4-A2 16,721.66 712,045.28 0.69197792 16,721.66
5-A1 6,709,612.72 130,592,252.08 0.48210905 6,709,612.72
5-AIO 0.00 0.00 0.00000000 0.00
PO 9,653.35 1,485,108.93 0.88151520 9,653.35
30-IO 0.00 0.00 0.00000000 0.00
15-IO 0.00 0.00 0.00000000 0.00
1-B1 4,436.97 4,175,304.03 0.99175868 4,436.97
1-B2 1,664.13 1,565,986.95 0.99175868 1,664.13
1-B3 831.54 782,497.60 0.99175868 831.54
1-B4 554.36 521,665.06 0.99175867 554.36
1-B5 416.29 391,744.68 0.99175868 416.29
1-B6 416.40 391,844.84 0.99175866 416.40
X-B1 2,872.51 1,608,514.19 0.98621348 2,872.51
X-B2 1,042.63 583,838.38 0.98621348 1,042.63
X-B3 783.73 438,865.00 0.98621348 783.73
X-B4 390.98 218,939.39 0.98621347 390.98
X-B5 392.75 219,925.61 0.98621350 392.75
X-B6 261.42 146,389.58 0.98621345 261.42
3-B1 2,194.15 543,972.43 0.96964783 2,194.15
3-B2 672.72 166,779.43 0.96964785 672.72
3-B3 508.45 126,054.22 0.96964785 508.45
3-B4 504.54 125,084.57 0.96964783 504.54
3-B5 168.18 41,694.86 0.96964791 168.18
3-B6 340.41 84,394.27 0.96964785 340.41
5-B1 7,625.64 3,824,148.19 0.98585929 7,625.64
5-B2 1,091.06 547,151.91 0.98585930 1,091.06
5-B3 815.84 409,131.61 0.98585930 815.84
5-B4 544.55 273,083.02 0.98585928 544.55
5-B5 544.55 273,083.02 0.98585928 544.55
5-B6 273.94 137,376.98 0.98585930 273.94
SES 0.00 0.00 0.00000000 0.00
Totals 10,297,503.74 526,902,987.48 0.68017081 10,297,503.74
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 8,249,000.00 212.48643957 1.73703116 8.50003758 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 12,000,000.00 212.48643917 1.73703083 8.50003750 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 2,500,000.00 212.48644000 1.73703200 8.50003600 0.00000000
1-A9 2,500,000.00 212.48644000 1.73703200 8.50003600 0.00000000
1-A10 20,248,250.00 212.48643907 1.73703061 8.50003778 0.00000000
1-A11 6,821,603.00 212.48643904 1.73703014 8.50003731 0.00000000
1-A12 2,382,147.00 212.48643765 1.73702966 8.50003799 0.00000000
1-A13 25,000,000.00 967.88201600 1.10883920 5.42602560 0.00000000
1-A14 36,371,000.00 922.03500866 2.69165791 13.17143768 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 105,017,000.00 759.25715541 0.80763172 11.69523725 0.00000000
2-A2 3,026,000.00 759.25715466 0.80763054 11.69523794 0.00000000
3-A1 84,959,000.00 763.83903083 3.06861933 0.47509540 0.00000000
4-A1 35,688,000.00 708.22831736 2.78918404 13.46121357 0.00000000
4-A2 1,029,000.00 708.22831876 2.78918367 13.46121477 0.00000000
5-A1 270,877,000.00 506.87900708 1.00874408 23.76121690 0.00000000
5-AIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 1,684,723.00 887.24513169 1.87693763 3.85299542 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 4,210,000.00 992.81258670 1.05391211 0.00000000 0.00000000
1-B2 1,579,000.00 992.81258391 1.05391387 0.00000000 0.00000000
1-B3 789,000.00 992.81258555 1.05391635 0.00000000 0.00000000
1-B4 526,000.00 992.81258555 1.05391635 0.00000000 0.00000000
1-B5 395,000.00 992.81258228 1.05389873 0.00000000 0.00000000
1-B6 395,101.00 992.81259729 1.05390773 0.00000000 0.00000000
X-B1 1,631,000.00 987.97467811 1.76119559 0.00000000 0.00000000
X-B2 592,000.00 987.97467905 1.76119932 0.00000000 0.00000000
X-B3 445,000.00 987.97467416 1.76119101 0.00000000 0.00000000
X-B4 222,000.00 987.97468468 1.76117117 0.00000000 0.00000000
X-B5 223,000.00 987.97466368 1.76121076 0.00000000 0.00000000
X-B6 148,436.00 987.97468269 1.76116306 0.00000000 0.00000000
3-B1 561,000.00 973.55896613 3.91114082 0.00000000 0.00000000
3-B2 172,000.00 973.55895349 3.91116279 0.00000000 0.00000000
3-B3 130,000.00 973.55900000 3.91115385 0.00000000 0.00000000
3-B4 129,000.00 973.55899225 3.91116279 0.00000000 0.00000000
3-B5 43,000.00 973.55906977 3.91116279 0.00000000 0.00000000
3-B6 87,036.00 973.55898709 3.91114022 0.00000000 0.00000000
5-B1 3,879,000.00 987.82516886 1.96587780 0.00000000 0.00000000
5-B2 555,000.00 987.82517117 1.96587387 0.00000000 0.00000000
5-B3 415,000.00 987.82518072 1.96587952 0.00000000 0.00000000
5-B4 277,000.00 987.82516245 1.96588448 0.00000000 0.00000000
5-B5 277,000.00 987.82516245 1.96588448 0.00000000 0.00000000
5-B6 139,347.45 987.82518087 1.96587738 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 10.23706874 202.24937083 0.20224937 10.23706874
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 10.23706833 202.24937083 0.20224937 10.23706833
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 10.23706800 202.24937200 0.20224937 10.23706800
1-A9 0.00000000 10.23706800 202.24937200 0.20224937 10.23706800
1-A10 0.00000000 10.23706839 202.24937069 0.20224937 10.23706839
1-A11 0.00000000 10.23706891 202.24937013 0.20224937 10.23706891
1-A12 0.00000000 10.23706765 202.24937000 0.20224937 10.23706765
1-A13 0.00000000 6.53486440 961.34715120 0.96134715 6.53486440
1-A14 0.00000000 15.86309587 906.17191306 0.90617191 15.86309587
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 12.50286896 746.75428645 0.74675429 12.50286896
2-A2 0.00000000 12.50286847 746.75428619 0.74675429 12.50286847
3-A1 0.00000000 3.54371473 760.29531598 0.76029532 3.54371473
4-A1 0.00000000 16.25039761 691.97791947 0.69197792 16.25039761
4-A2 0.00000000 16.25039845 691.97792031 0.69197792 16.25039845
5-A1 0.00000000 24.76996098 482.10904610 0.48210905 24.76996098
5-AIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 5.72993305 881.51519864 0.88151520 5.72993305
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 1.05391211 991.75867696 0.99175868 1.05391211
1-B2 0.00000000 1.05391387 991.75867638 0.99175868 1.05391387
1-B3 0.00000000 1.05391635 991.75868188 0.99175868 1.05391635
1-B4 0.00000000 1.05391635 991.75866920 0.99175867 1.05391635
1-B5 0.00000000 1.05389873 991.75868354 0.99175868 1.05389873
1-B6 0.00000000 1.05390773 991.75866424 0.99175866 1.05390773
X-B1 0.00000000 1.76119559 986.21348253 0.98621348 1.76119559
X-B2 0.00000000 1.76119932 986.21347973 0.98621348 1.76119932
X-B3 0.00000000 1.76119101 986.21348315 0.98621348 1.76119101
X-B4 0.00000000 1.76117117 986.21346847 0.98621347 1.76117117
X-B5 0.00000000 1.76121076 986.21349776 0.98621350 1.76121076
X-B6 0.00000000 1.76116306 986.21345226 0.98621345 1.76116306
3-B1 0.00000000 3.91114082 969.64782531 0.96964783 3.91114082
3-B2 0.00000000 3.91116279 969.64784884 0.96964785 3.91116279
3-B3 0.00000000 3.91115385 969.64784615 0.96964785 3.91115385
3-B4 0.00000000 3.91116279 969.64782946 0.96964783 3.91116279
3-B5 0.00000000 3.91116279 969.64790698 0.96964791 3.91116279
3-B6 0.00000000 3.91114022 969.64784687 0.96964785 3.91114022
5-B1 0.00000000 1.96587780 985.85929105 0.98585929 1.96587780
5-B2 0.00000000 1.96587387 985.85929730 0.98585930 1.96587387
5-B3 0.00000000 1.96587952 985.85930120 0.98585930 1.96587952
5-B4 0.00000000 1.96588448 985.85927798 0.98585928 1.96588448
5-B5 0.00000000 1.96588448 985.85927798 0.98585928 1.96588448
5-B6 0.00000000 1.96587738 985.85930349 0.98585930 1.96587738
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% 1,752,800.64 8,033.67 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% 2,549,837.27 11,686.75 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 3.09188% 531,216.10 1,368.71 0.00 0.00
1-A9 2,500,000.00 7.90812% 531,216.10 3,500.77 0.00 0.00
1-A10 20,248,250.00 3.25000% 4,302,478.54 11,652.55 0.00 0.00
1-A11 6,821,603.00 11.13095% 1,449,498.13 13,445.25 0.00 0.00
1-A12 2,382,147.00 8.50000% 506,173.93 3,585.40 0.00 0.00
1-A13 25,000,000.00 4.00000% 24,197,050.40 80,656.83 0.00 0.00
1-A14 36,371,000.00 4.00000% 33,535,335.30 111,784.45 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% 24,969,923.37 114,445.48 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% 79,734,908.69 365,451.66 0.00 0.00
2-A2 3,026,000.00 5.50000% 2,297,512.15 10,530.26 0.00 0.00
3-A1 84,959,000.00 5.00000% 64,895,000.22 270,395.83 0.00 0.00
4-A1 35,688,000.00 5.00000% 25,275,252.19 105,313.55 0.00 0.00
4-A2 1,029,000.00 5.00000% 728,766.94 3,036.53 0.00 0.00
5-A1 270,877,000.00 6.50000% 137,301,864.80 743,718.43 0.00 0.00
5-AIO 0.00 0.50444% 124,364,416.71 52,278.39 0.00 0.00
PO 1,684,723.00 0.00000% 1,494,762.28 0.00 0.00 0.00
30-IO 0.00 0.29270% 224,302,643.12 54,710.76 0.00 0.00
15-IO 0.00 0.25729% 49,153,724.73 10,538.88 0.00 0.00
1-B1 4,210,000.00 5.50000% 4,179,740.99 19,157.15 0.00 0.00
1-B2 1,579,000.00 5.50000% 1,567,651.07 7,185.07 0.00 0.00
1-B3 789,000.00 5.50000% 783,329.13 3,590.26 0.00 0.00
1-B4 526,000.00 5.50000% 522,219.42 2,393.51 0.00 0.00
1-B5 395,000.00 5.50000% 392,160.97 1,797.40 0.00 0.00
1-B6 395,101.00 5.50000% 392,261.25 1,797.86 0.00 0.00
X-B1 1,631,000.00 5.37495% 1,611,386.70 7,217.60 0.00 0.00
X-B2 592,000.00 5.37495% 584,881.01 2,619.76 0.00 0.00
X-B3 445,000.00 5.37495% 439,648.73 1,969.24 0.00 0.00
X-B4 222,000.00 5.37495% 219,330.38 982.41 0.00 0.00
X-B5 223,000.00 5.37495% 220,318.35 986.83 0.00 0.00
X-B6 148,436.00 5.37495% 146,651.01 656.87 0.00 0.00
3-B1 561,000.00 5.00000% 546,166.58 2,275.69 0.00 0.00
3-B2 172,000.00 5.00000% 167,452.14 697.72 0.00 0.00
3-B3 130,000.00 5.00000% 126,562.67 527.34 0.00 0.00
3-B4 129,000.00 5.00000% 125,589.11 523.29 0.00 0.00
3-B5 43,000.00 5.00000% 41,863.04 174.43 0.00 0.00
3-B6 87,036.00 5.00000% 84,734.68 353.06 0.00 0.00
5-B1 3,879,000.00 6.50000% 3,831,773.83 20,755.44 0.00 0.00
5-B2 555,000.00 6.50000% 548,242.97 2,969.65 0.00 0.00
5-B3 415,000.00 6.50000% 409,947.45 2,220.55 0.00 0.00
5-B4 277,000.00 6.50000% 273,627.57 1,482.15 0.00 0.00
5-B5 277,000.00 6.50000% 273,627.57 1,482.15 0.00 0.00
5-B6 139,347.45 6.50000% 137,650.92 745.61 0.00 0.00
SES 0.00 0.00000% 537,200,492.60 0.00 0.00 0.00
Totals 774,662,743.45 2,653,161.04 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 8,033.67 0.00 1,668,355.06
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 11,686.75 0.00 2,426,992.45
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 1,368.71 0.00 505,623.43
1-A9 0.00 0.00 3,500.77 0.00 505,623.43
1-A10 0.00 0.00 11,652.55 0.00 4,095,195.82
1-A11 0.00 0.00 13,445.25 0.00 1,379,664.91
1-A12 0.00 0.00 3,585.40 0.00 481,787.73
1-A13 0.00 0.00 80,656.83 0.00 24,033,678.78
1-A14 0.00 0.00 111,784.45 0.00 32,958,378.65
1-A15 0.00 0.00 200,100.62 0.00 51,918,000.00
1-A16 0.00 0.00 114,445.48 0.00 24,768,015.66
1-A17 0.00 0.00 92,885.62 0.00 21,231,000.00
1-A18 0.00 0.00 104,793.33 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 0.00 365,451.66 0.00 78,421,894.90
2-A2 0.00 0.00 10,530.26 0.00 2,259,678.47
3-A1 0.02 0.00 270,395.82 0.00 64,593,929.75
4-A1 0.00 0.00 105,313.55 0.00 24,695,307.99
4-A2 0.00 0.00 3,036.53 0.00 712,045.28
5-A1 0.07 0.00 743,718.37 0.00 130,592,252.08
5-AIO 0.00 0.00 52,278.38 0.00 117,993,846.12
PO 0.00 0.00 0.00 0.00 1,485,108.93
30-IO 0.00 0.00 54,710.76 0.00 222,477,049.17
15-IO 0.00 0.00 10,538.88 0.00 48,445,566.84
1-B1 0.00 0.00 19,157.15 0.00 4,175,304.03
1-B2 0.00 0.00 7,185.07 0.00 1,565,986.95
1-B3 0.00 0.00 3,590.26 0.00 782,497.60
1-B4 0.00 0.00 2,393.51 0.00 521,665.06
1-B5 0.00 0.00 1,797.40 0.00 391,744.68
1-B6 0.00 0.00 1,797.86 0.00 391,844.84
X-B1 0.00 0.00 7,217.60 0.00 1,608,514.19
X-B2 0.00 0.00 2,619.76 0.00 583,838.38
X-B3 0.00 0.00 1,969.24 0.00 438,865.00
X-B4 0.00 0.00 982.41 0.00 218,939.39
X-B5 0.00 0.00 986.83 0.00 219,925.61
X-B6 0.00 0.00 656.87 0.00 146,389.58
3-B1 0.00 0.00 2,275.69 0.00 543,972.43
3-B2 0.00 0.00 697.72 0.00 166,779.43
3-B3 0.00 0.00 527.34 0.00 126,054.22
3-B4 0.00 0.00 523.29 0.00 125,084.57
3-B5 0.00 0.00 174.43 0.00 41,694.86
3-B6 0.00 0.00 353.06 0.00 84,394.27
5-B1 0.00 0.00 20,755.44 0.00 3,824,148.19
5-B2 0.00 0.00 2,969.65 0.00 547,151.91
5-B3 0.00 0.00 2,220.55 0.00 409,131.61
5-B4 0.00 0.00 1,482.15 0.00 273,083.02
5-B5 0.00 0.00 1,482.15 0.00 273,083.02
5-B6 0.00 0.00 745.61 0.00 137,376.98
SES 0.00 0.00 94,192.00 0.00 526,902,988.86
Totals 0.10 0.00 2,747,352.94 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% 212.48643957 0.97389623 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% 212.48643917 0.97389583 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 3.09188% 212.48644000 0.54748400 0.00000000 0.00000000
1-A9 2,500,000.00 7.90812% 212.48644000 1.40030800 0.00000000 0.00000000
1-A10 20,248,250.00 3.25000% 212.48643907 0.57548430 0.00000000 0.00000000
1-A11 6,821,603.00 11.13095% 212.48643904 1.97098101 0.00000000 0.00000000
1-A12 2,382,147.00 8.50000% 212.48643765 1.50511282 0.00000000 0.00000000
1-A13 25,000,000.00 4.00000% 967.88201600 3.22627320 0.00000000 0.00000000
1-A14 36,371,000.00 4.00000% 922.03500866 3.07345000 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% 961.77728089 4.40814579 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% 759.25715541 3.47992858 0.00000000 0.00000000
2-A2 3,026,000.00 5.50000% 759.25715466 3.47992730 0.00000000 0.00000000
3-A1 84,959,000.00 5.00000% 763.83903083 3.18266258 0.00000000 0.00000000
4-A1 35,688,000.00 5.00000% 708.22831736 2.95095130 0.00000000 0.00000000
4-A2 1,029,000.00 5.00000% 708.22831876 2.95095238 0.00000000 0.00000000
5-A1 270,877,000.00 6.50000% 506.87900708 2.74559461 0.00000000 0.00000000
5-AIO 0.00 0.50444% 510.50336595 0.21459751 0.00000000 0.00000000
PO 1,684,723.00 0.00000% 887.24513169 0.00000000 0.00000000 0.00000000
30-IO 0.00 0.29270% 774.10044102 0.18881464 0.00000000 0.00000000
15-IO 0.00 0.25729% 738.10062726 0.15825360 0.00000000 0.00000000
1-B1 4,210,000.00 5.50000% 992.81258670 4.55039192 0.00000000 0.00000000
1-B2 1,579,000.00 5.50000% 992.81258391 4.55039265 0.00000000 0.00000000
1-B3 789,000.00 5.50000% 992.81258555 4.55039290 0.00000000 0.00000000
1-B4 526,000.00 5.50000% 992.81258555 4.55039924 0.00000000 0.00000000
1-B5 395,000.00 5.50000% 992.81258228 4.55037975 0.00000000 0.00000000
1-B6 395,101.00 5.50000% 992.81259729 4.55038079 0.00000000 0.00000000
X-B1 1,631,000.00 5.37495% 987.97467811 4.42526058 0.00000000 0.00000000
X-B2 592,000.00 5.37495% 987.97467905 4.42527027 0.00000000 0.00000000
X-B3 445,000.00 5.37495% 987.97467416 4.42525843 0.00000000 0.00000000
X-B4 222,000.00 5.37495% 987.97468468 4.42527027 0.00000000 0.00000000
X-B5 223,000.00 5.37495% 987.97466368 4.42524664 0.00000000 0.00000000
X-B6 148,436.00 5.37495% 987.97468269 4.42527419 0.00000000 0.00000000
3-B1 561,000.00 5.00000% 973.55896613 4.05648841 0.00000000 0.00000000
3-B2 172,000.00 5.00000% 973.55895349 4.05651163 0.00000000 0.00000000
3-B3 130,000.00 5.00000% 973.55900000 4.05646154 0.00000000 0.00000000
3-B4 129,000.00 5.00000% 973.55899225 4.05651163 0.00000000 0.00000000
3-B5 43,000.00 5.00000% 973.55906977 4.05651163 0.00000000 0.00000000
3-B6 87,036.00 5.00000% 973.55898709 4.05648238 0.00000000 0.00000000
5-B1 3,879,000.00 6.50000% 987.82516886 5.35071926 0.00000000 0.00000000
5-B2 555,000.00 6.50000% 987.82517117 5.35072072 0.00000000 0.00000000
5-B3 415,000.00 6.50000% 987.82518072 5.35072289 0.00000000 0.00000000
5-B4 277,000.00 6.50000% 987.82516245 5.35072202 0.00000000 0.00000000
5-B5 277,000.00 6.50000% 987.82516245 5.35072202 0.00000000 0.00000000
5-B6 139,347.45 6.50000% 987.82518087 5.35072583 0.00000000 0.00000000
SES 0.00 0.00000% 693.46369906 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 0.97389623 0.00000000 202.24937083
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 0.97389583 0.00000000 202.24937083
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 0.54748400 0.00000000 202.24937200
1-A9 0.00000000 0.00000000 1.40030800 0.00000000 202.24937200
1-A10 0.00000000 0.00000000 0.57548430 0.00000000 202.24937069
1-A11 0.00000000 0.00000000 1.97098101 0.00000000 202.24937013
1-A12 0.00000000 0.00000000 1.50511282 0.00000000 202.24937000
1-A13 0.00000000 0.00000000 3.22627320 0.00000000 961.34715120
1-A14 0.00000000 0.00000000 3.07345000 0.00000000 906.17191306
1-A15 0.00000000 0.00000000 3.85416657 0.00000000 1000.00000000
1-A16 0.00000000 0.00000000 4.40814579 0.00000000 954.00031476
1-A17 0.00000000 0.00000000 4.37499976 0.00000000 1000.00000000
1-A18 0.00000000 0.00000000 4.58333319 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 3.47992858 0.00000000 746.75428645
2-A2 0.00000000 0.00000000 3.47992730 0.00000000 746.75428619
3-A1 0.00000024 0.00000000 3.18266246 0.00000000 760.29531598
4-A1 0.00000000 0.00000000 2.95095130 0.00000000 691.97791947
4-A2 0.00000000 0.00000000 2.95095238 0.00000000 691.97792031
5-A1 0.00000026 0.00000000 2.74559438 0.00000000 482.10904610
5-AIO 0.00000000 0.00000000 0.21459747 0.00000000 484.35281730
PO 0.00000000 0.00000000 0.00000000 0.00000000 881.51519864
30-IO 0.00000000 0.00000000 0.18881464 0.00000000 767.80005569
15-IO 0.00000000 0.00000000 0.15825360 0.00000000 727.46680885
1-B1 0.00000000 0.00000000 4.55039192 0.00000000 991.75867696
1-B2 0.00000000 0.00000000 4.55039265 0.00000000 991.75867638
1-B3 0.00000000 0.00000000 4.55039290 0.00000000 991.75868188
1-B4 0.00000000 0.00000000 4.55039924 0.00000000 991.75866920
1-B5 0.00000000 0.00000000 4.55037975 0.00000000 991.75868354
1-B6 0.00000000 0.00000000 4.55038079 0.00000000 991.75866424
X-B1 0.00000000 0.00000000 4.42526058 0.00000000 986.21348253
X-B2 0.00000000 0.00000000 4.42527027 0.00000000 986.21347973
X-B3 0.00000000 0.00000000 4.42525843 0.00000000 986.21348315
X-B4 0.00000000 0.00000000 4.42527027 0.00000000 986.21346847
X-B5 0.00000000 0.00000000 4.42524664 0.00000000 986.21349776
X-B6 0.00000000 0.00000000 4.42527419 0.00000000 986.21345226
3-B1 0.00000000 0.00000000 4.05648841 0.00000000 969.64782531
3-B2 0.00000000 0.00000000 4.05651163 0.00000000 969.64784884
3-B3 0.00000000 0.00000000 4.05646154 0.00000000 969.64784615
3-B4 0.00000000 0.00000000 4.05651163 0.00000000 969.64782946
3-B5 0.00000000 0.00000000 4.05651163 0.00000000 969.64790698
3-B6 0.00000000 0.00000000 4.05648238 0.00000000 969.64784687
5-B1 0.00000000 0.00000000 5.35071926 0.00000000 985.85929105
5-B2 0.00000000 0.00000000 5.35072072 0.00000000 985.85929730
5-B3 0.00000000 0.00000000 5.35072289 0.00000000 985.85930120
5-B4 0.00000000 0.00000000 5.35072202 0.00000000 985.85927798
5-B5 0.00000000 0.00000000 5.35072202 0.00000000 985.85927798
5-B6 0.00000000 0.00000000 5.35072583 0.00000000 985.85930349
SES 0.00000000 0.00000000 0.12159098 0.00000000 680.17081282
<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 0.00 644,822.82 644,019.80 98.71336299%
APO2 0.00000% 0.00 0.00 160,683.58 160,020.75 97.51476243%
APO3 0.00000% 0.00 0.00 165,810.90 165,142.07 94.44461157%
APO4 0.00000% 0.00 0.00 30,211.43 30,058.55 84.61000394%
APO5 0.00000% 0.00 0.00 493,233.54 485,867.77 73.85939334%
30-IO-1 0.30619% 160,330,492.91 159,091,617.01 0.00 0.00 78.27666389%
30-IO-2 0.25888% 63,972,150.21 63,385,432.16 0.00 0.00 73.26408291%
15-IO-1 0.26098% 33,717,567.91 33,554,438.76 0.00 0.00 72.17756242%
15-IO-2 0.24921% 15,436,156.82 14,891,128.08 0.00 0.00 74.06257719%
SES1 0.00000% 216,327,792.18 215,018,363.33 0.00 0.00 81.72228158%
SES2 0.00000% 84,609,451.74 83,255,371.13 0.00 0.00 75.24819420%
SES3 0.00000% 66,153,180.10 65,847,052.36 0.00 0.00 76.33919289%
SES4 0.00000% 26,840,099.96 26,240,107.50 0.00 0.00 69.82458733%
SES5 0.00000% 143,269,968.62 136,542,094.54 0.00 0.00 49.27944509%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 13,068,806.79
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 13,068,806.79
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 23,950.11
Payment of Interest and Principal 13,044,856.68
Total Withdrawals (Pool Distribution Amount) 13,068,806.79
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 22,383.28
Trustee Fee - Wells Fargo Bank, N.A. 1,566.83
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 23,950.11
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
347,723.00 0.00 0.00 347,723.00
30 Days 5 0 0 0 5
2,331,244.72 0.00 0.00 0.00 2,331,244.72
60 Days 1 0 0 0 1
433,636.16 0.00 0.00 0.00 433,636.16
90 Days 2 0 0 0 2
779,433.73 0.00 0.00 0.00 779,433.73
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 0.00 842,695.88 0.00 842,695.88
Totals 8 1 1 0 10
3,544,314.61 347,723.00 842,695.88 0.00 4,734,733.49
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 0.088731% 0.000000% 0.000000% 0.088731%
0.065897% 0.000000% 0.000000% 0.065897%
30 Days 0.443656% 0.000000% 0.000000% 0.000000% 0.443656%
0.441792% 0.000000% 0.000000% 0.000000% 0.441792%
60 Days 0.088731% 0.000000% 0.000000% 0.000000% 0.088731%
0.082178% 0.000000% 0.000000% 0.000000% 0.082178%
90 Days 0.177462% 0.000000% 0.000000% 0.000000% 0.177462%
0.147710% 0.000000% 0.000000% 0.000000% 0.147710%
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% 0.088731% 0.000000% 0.088731%
0.000000% 0.000000% 0.159699% 0.000000% 0.159699%
Totals 0.709849% 0.088731% 0.088731% 0.000000% 0.887311%
0.671680% 0.065897% 0.159699% 0.000000% 0.897275%
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 2 0 0 0 2
1,142,940.83 0.00 0.00 0.00 1,142,940.83
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
1,142,940.83 0.00 0.00 0.00 1,142,940.83
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.460829% 0.000000% 0.000000% 0.000000% 0.460829%
0.531122% 0.000000% 0.000000% 0.000000% 0.531122%
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 0.460829% 0.000000% 0.000000% 0.000000% 0.460829%
0.531122% 0.000000% 0.000000% 0.000000% 0.531122%
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 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 1 0 1
0.00 0.00 842,695.88 0.00 842,695.88
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% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.602410% 0.000000% 0.602410%
0.000000% 0.000000% 1.011299% 0.000000% 1.011299%
Totals 0.000000% 0.000000% 0.602410% 0.000000% 0.602410%
0.000000% 0.000000% 1.011299% 0.000000% 1.011299%
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
347,723.00 0.00 0.00 347,723.00
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 1 0 0 1
0.00 347,723.00 0.00 0.00 347,723.00
0-29 Days 0.735294% 0.000000% 0.000000% 0.735294%
0.526369% 0.000000% 0.000000% 0.526369%
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% 0.526369% 0.000000% 0.000000% 0.526369%
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%
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 3 0 0 0 3
1,188,303.89 0.00 0.00 0.00 1,188,303.89
60 Days 1 0 0 0 1
433,636.16 0.00 0.00 0.00 433,636.16
90 Days 2 0 0 0 2
779,433.73 0.00 0.00 0.00 779,433.73
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 6 0 0 0 6
2,401,373.78 0.00 0.00 0.00 2,401,373.78
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.887574% 0.000000% 0.000000% 0.000000% 0.887574%
0.868753% 0.000000% 0.000000% 0.000000% 0.868753%
60 Days 0.295858% 0.000000% 0.000000% 0.000000% 0.295858%
0.317026% 0.000000% 0.000000% 0.000000% 0.317026%
90 Days 0.591716% 0.000000% 0.000000% 0.000000% 0.591716%
0.569834% 0.000000% 0.000000% 0.000000% 0.569834%
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 1.775148% 0.000000% 0.000000% 0.000000% 1.775148%
1.755613% 0.000000% 0.000000% 0.000000% 1.755613%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 0.00
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 6.180138%
Weighted Average Pass-Through Rate 5.926638%
Weighted Average Maturity(Stepdown Calculation ) 299
Beginning Scheduled Collateral Loan Count 1,149
Number Of Loans Paid In Full 22
Ending Scheduled Collateral Loan Count 1,127
Beginning Scheduled Collateral Balance 537,200,492.60
Ending Scheduled Collateral Balance 526,902,988.86
Ending Actual Collateral Balance at 31-Aug-2004 527,679,037.06
Monthly P &I Constant 3,743,412.82
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 12,817,449.29
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 526,902,988.86
Scheduled Principal 976,768.26
Unscheduled Principal 9,320,735.48
Miscellaneous Reporting
Senior % 96.610446%
Subordinate % 3.389554%
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 5.964039 5.938790 5.373988
Weighted Average Net Rate 5.714039 5.688789 5.123988
Weighted Average Maturity 351 351 171
Beginning Loan Count 436 168 136
Loans Paid In Full 2 2 0
Ending Loan Count 434 166 136
Beginning Scheduled Balance 216,327,792.18 84,609,451.74 66,153,180.10
Ending scheduled Balance 215,018,363.33 83,255,371.13 65,847,052.36
Record Date 08/31/2004 08/31/2004 08/31/2004
Principal And Interest Constant 1,304,846.61 508,743.19 562,010.91
Scheduled Principal 229,690.49 90,011.75 265,755.57
Unscheduled Principal 1,079,738.36 1,264,068.86 40,372.17
Scheduled Interest 1,075,156.12 418,731.44 296,255.34
Servicing Fees 45,068.29 17,626.98 13,781.92
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 630.97 246.77 192.96
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 1,029,456.86 400,857.69 282,280.46
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 5.710539 5.685290 5.120488
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 5.391199 7.168995 6.180138
Weighted Average Net Rate 5.141199 6.918995 5.930138
Weighted Average Maturity 171 287 299
Beginning Loan Count 54 355 1,149
Loans Paid In Full 1 17 22
Ending Loan Count 53 338 1,127
Beginning Scheduled Balance 26,840,099.96 143,269,968.62 537,200,492.60
Ending scheduled Balance 26,240,107.50 136,542,094.54 526,902,988.86
Record Date 08/31/2004 08/31/2004 08/31/2004
Principal And Interest Constant 226,290.92 1,141,521.19 3,743,412.82
Scheduled Principal 105,707.32 285,603.13 976,768.26
Unscheduled Principal 494,285.14 6,442,270.95 9,320,735.48
Scheduled Interest 120,583.60 855,918.06 2,766,644.56
Servicing Fees 5,591.69 29,847.91 111,916.79
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 78.27 417.86 1,566.83
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 114,913.64 825,652.29 2,653,160.94
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 5.137699 6.915495 5.926638
Miscellaneous Reporting
Group 1 - 30 Year Fixed
Group 1 CPR 5.833767%
Group 1 Subordinate % 3.633742%
Group 1 Subordinate Prepayment % 0.000000%
Group 1 Senior % 96.366258%
Group 1 Senior Prepayment % 100.000000%
Group 2 - 30 Year Fixed
Group 2 CPR 16.542033%
Group 2 Subordinate % 2.861317%
Group 2 Subordinate Prepayment % 0.000000%
Group 2 Senior % 97.138683%
Group 2 Senior Prepayment % 100.000000%
Group 3 - 15 Year Fixed
Group 3 CPR 0.732821%
Group 3 Subordinate % 1.655421%
Group 3 Subordinate Prepayment % 0.000000%
Group 3 Senior % 98.344579%
Group 3 Senior Prepayment % 100.000000%
Miscellaneous Reporting
Group 4 - 15 Year Fixed
Group 4 CPR 20.063808%
Group 4 Subordinate % 3.005865%
Group 4 Subordinate Prepayment % 0.000000%
Group 4 Senior % 96.994135%
Group 4 Senior Prepayment % 100.000000%
Group 5 - 30 Year Fixed
Group 5 CPR 42.490963%
Group 5 Subordinate % 3.834567%
Group 5 Subordinate Prepayment % 0.000000%
Group 5 Senior % 96.165433%
Group 5 Senior Prepayment % 100.000000%
Group