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
ASSET BACKED FUNDING CORPORATION
Asset Backed Certificates, Series 2004-OP1 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-108551-02 54-2142304
Pooling and Servicing Agreement) (Commission 54-2142305
(State or other File Number) 54-2142306
jurisdiction 54-2142307
of Incorporation) 54-6593442
IRS EIN
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 ASSET BACKED
FUNDING CORPORATION, Asset Backed Certificates, Series 2004-OP1 Trust.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Asset Backed Certificates, Series
2004-OP1 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.
ASSET BACKED FUNDING CORPORATION
Asset Backed Certificates, Series 2004-OP1 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: 9/29/04
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Asset Backed
Certificates, Series 2004-OP1 Trust, relating to the
September 27, 2004 distribution.
EX-99.1
Asset Backed Funding Corporation
Mortgage Pass-Through Certificates
Record Date: 8/31/04
Distribution Date: 9/27/04
ABFC Series: 2004-OP1
Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 815-6600
Fax: (301) 815-6660
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<s> <c> <c> <c> <c> <c> <c>
A-1 04542BEX6 SEQ 1.93500% 233,172,427.68 413,589.61 17,044,410.90
A-1A 04542BEY4 SEQ 2.03500% 12,272,403.78 22,893.15 897,086.74
A-2 04542BEZ1 SEQ 1.96500% 37,767,704.73 68,029.08 2,746,893.62
M-1 04542BFA5 SUB 2.31500% 31,439,000.00 66,716.18 0.00
M-2 04542BFB3 SUB 3.06500% 23,247,000.00 65,314.39 0.00
M-3 04542BFC1 SUB 3.21500% 7,749,000.00 22,836.95 0.00
M-4 04542BFD9 SUB 3.51500% 6,642,000.00 21,401.08 0.00
M-5 04542BFE7 SUB 3.76500% 4,428,000.00 15,282.14 0.00
M-6 04542BFF4 SUB 5.11500% 5,535,000.00 25,952.23 0.00
B 04542BFG2 SUB 6.00000% 7,749,000.00 38,745.00 0.00
CE BFCAS04OPCE SEQ 0.00000% 3,985,240.01 1,331,648.72 0.00
P BFCAS04OPTP SEQ 0.00000% 0.00 259,688.58 0.00
R BFCAS04OPTR SEQ 0.00000% 0.00 0.00 0.00
Totals 373,986,776.20 2,352,097.11 20,688,391.26
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
A-1 0.00 216,128,016.78 17,458,000.51 0.00
A-1A 0.00 11,375,317.04 919,979.89 0.00
A-2 0.00 35,020,811.11 2,814,922.70 0.00
M-1 0.00 31,439,000.00 66,716.18 0.00
M-2 0.00 23,247,000.00 65,314.39 0.00
M-3 0.00 7,749,000.00 22,836.95 0.00
M-4 0.00 6,642,000.00 21,401.08 0.00
M-5 0.00 4,428,000.00 15,282.14 0.00
M-6 0.00 5,535,000.00 25,952.23 0.00
B 0.00 7,749,000.00 38,745.00 0.00
CE 0.00 3,985,240.01 1,331,648.72 0.00
P 0.00 0.00 259,688.58 0.00
R 0.00 0.00 0.00 0.00
Totals 0.00 353,298,384.94 23,040,488.37 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<s> <c> <c> <c> <c> <c> <c>
A-1 287,504,000.00 233,172,427.68 0.00 17,044,410.90 0.00 0.00
A-1A 15,132,000.00 12,272,403.78 0.00 897,086.74 0.00 0.00
A-2 49,393,000.00 37,767,704.73 0.00 2,746,893.62 0.00 0.00
M-1 31,439,000.00 31,439,000.00 0.00 0.00 0.00 0.00
M-2 23,247,000.00 23,247,000.00 0.00 0.00 0.00 0.00
M-3 7,749,000.00 7,749,000.00 0.00 0.00 0.00 0.00
M-4 6,642,000.00 6,642,000.00 0.00 0.00 0.00 0.00
M-5 4,428,000.00 4,428,000.00 0.00 0.00 0.00 0.00
M-6 5,535,000.00 5,535,000.00 0.00 0.00 0.00 0.00
B 7,749,000.00 7,749,000.00 0.00 0.00 0.00 0.00
CE 3,986,445.89 3,985,240.01 0.00 0.00 0.00 0.00
P 0.00 0.00 0.00 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00 0.00
Totals 442,804,445.89 373,986,776.20 0.00 20,688,391.26 0.00 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
A-1 17,044,410.90 216,128,016.78 0.75173916 17,044,410.90
A-1A 897,086.74 11,375,317.04 0.75173916 897,086.74
A-2 2,746,893.62 35,020,811.11 0.70902377 2,746,893.62
M-1 0.00 31,439,000.00 1.00000000 0.00
M-2 0.00 23,247,000.00 1.00000000 0.00
M-3 0.00 7,749,000.00 1.00000000 0.00
M-4 0.00 6,642,000.00 1.00000000 0.00
M-5 0.00 4,428,000.00 1.00000000 0.00
M-6 0.00 5,535,000.00 1.00000000 0.00
B 0.00 7,749,000.00 1.00000000 0.00
CE 0.00 3,985,240.01 0.99969750 0.00
P 0.00 0.00 0.00000000 0.00
R 0.00 0.00 0.00000000 0.00
Totals 20,688,391.26 353,298,384.94 0.79786549 20,688,391.26
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<s> <c> <c> <c> <c> <c>
A-1 287,504,000.00 811.02324726 0.00000000 59.28408266 0.00000000
A-1A 15,132,000.00 811.02324742 0.00000000 59.28408274 0.00000000
A-2 49,393,000.00 764.63678517 0.00000000 55.61301439 0.00000000
M-1 31,439,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-2 23,247,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-3 7,749,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-4 6,642,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-5 4,428,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-6 5,535,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B 7,749,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
CE 3,986,445.89 999.69750499 0.00000000 0.00000000 0.00000000
P 0.00 0.00000000 0.00000000 0.00000000 0.00000000
R 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All Classes are per $1000 denomination.
</FN>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
A-1 0.00000000 59.28408266 751.73916460 0.75173916 59.28408266
A-1A 0.00000000 59.28408274 751.73916468 0.75173916 59.28408274
A-2 0.00000000 55.61301439 709.02377078 0.70902377 55.61301439
M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
CE 0.00000000 0.00000000 999.69750499 0.99969750 0.00000000
P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
A-1 287,504,000.00 1.93500% 233,172,427.68 413,589.59 0.00 0.00
A-1A 15,132,000.00 2.03500% 12,272,403.78 22,893.15 0.00 0.00
A-2 49,393,000.00 1.96500% 37,767,704.73 68,029.08 0.00 0.00
M-1 31,439,000.00 2.31500% 31,439,000.00 66,716.18 0.00 0.00
M-2 23,247,000.00 3.06500% 23,247,000.00 65,314.38 0.00 0.00
M-3 7,749,000.00 3.21500% 7,749,000.00 22,836.95 0.00 0.00
M-4 6,642,000.00 3.51500% 6,642,000.00 21,401.08 0.00 0.00
M-5 4,428,000.00 3.76500% 4,428,000.00 15,282.14 0.00 0.00
M-6 5,535,000.00 5.11500% 5,535,000.00 25,952.23 0.00 0.00
B 7,749,000.00 6.00000% 7,749,000.00 38,745.00 0.00 0.00
CE 3,986,445.89 0.00000% 3,985,240.01 0.00 0.00 0.00
P 0.00 0.00000% 0.01 0.00 0.00 0.00
R 0.00 0.00000% 0.00 0.00 0.00 0.00
Totals 442,804,445.89 760,759.78 0.00 0.00
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
A-1 (0.02) 0.00 413,589.61 0.00 216,128,016.78
A-1A 0.00 0.00 22,893.15 0.00 11,375,317.04
A-2 0.00 0.00 68,029.08 0.00 35,020,811.11
M-1 0.00 0.00 66,716.18 0.00 31,439,000.00
M-2 0.00 0.00 65,314.39 0.00 23,247,000.00
M-3 0.00 0.00 22,836.95 0.00 7,749,000.00
M-4 0.00 0.00 21,401.08 0.00 6,642,000.00
M-5 0.00 0.00 15,282.14 0.00 4,428,000.00
M-6 0.00 0.00 25,952.23 0.00 5,535,000.00
B 0.00 0.00 38,745.00 0.00 7,749,000.00
CE 0.00 0.00 1,331,648.72 0.00 3,985,240.01
P 0.00 0.00 259,688.58 0.00 0.01
R 0.00 0.00 0.00 0.00 0.00
Totals (0.02) 0.00 2,352,097.11 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
A-1 287,504,000.00 1.93500% 811.02324726 1.43855247 0.00000000 0.00000000
A-1A 15,132,000.00 2.03500% 811.02324742 1.51289651 0.00000000 0.00000000
A-2 49,393,000.00 1.96500% 764.63678517 1.37730205 0.00000000 0.00000000
M-1 31,439,000.00 2.31500% 1000.00000000 2.12208340 0.00000000 0.00000000
M-2 23,247,000.00 3.06500% 1000.00000000 2.80958317 0.00000000 0.00000000
M-3 7,749,000.00 3.21500% 1000.00000000 2.94708349 0.00000000 0.00000000
M-4 6,642,000.00 3.51500% 1000.00000000 3.22208371 0.00000000 0.00000000
M-5 4,428,000.00 3.76500% 1000.00000000 3.45125113 0.00000000 0.00000000
M-6 5,535,000.00 5.11500% 1000.00000000 4.68874977 0.00000000 0.00000000
B 7,749,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000
CE 3,986,445.89 0.00000% 999.69750499 0.00000000 0.00000000 0.00000000
P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(5) All Classes are per $1000 denomination.
</FN>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
A-1 (0.00000007) 0.00000000 1.43855254 0.00000000 751.73916460
A-1A 0.00000000 0.00000000 1.51289651 0.00000000 751.73916468
A-2 0.00000000 0.00000000 1.37730205 0.00000000 709.02377078
M-1 0.00000000 0.00000000 2.12208340 0.00000000 1000.00000000
M-2 0.00000000 0.00000000 2.80958360 0.00000000 1000.00000000
M-3 0.00000000 0.00000000 2.94708349 0.00000000 1000.00000000
M-4 0.00000000 0.00000000 3.22208371 0.00000000 1000.00000000
M-5 0.00000000 0.00000000 3.45125113 0.00000000 1000.00000000
M-6 0.00000000 0.00000000 4.68874977 0.00000000 1000.00000000
B 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000
CE 0.00000000 0.00000000 334.04409761 0.00000000 999.69750499
P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 22,784,518.03
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) 97,881.45
Prepayment Penalties 259,688.58
Total Deposits 23,142,088.06
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 101,599.69
Payment of Interest and Principal 23,040,488.37
Total Withdrawals (Pool Distribution Amount) 23,142,088.06
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 93,496.69
Credit Risk Manager Fee 5,453.94
Trustee Fee 2,649.06
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 101,599.69
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<s> <c> <c> <c> <c>
Reserve Account 0.00 0.00 0.00 0.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 6 2 0 8
669,493.53 311,972.09 0.00 981,465.62
30 Days 45 0 1 0 46
7,243,434.09 0.00 75,667.21 0.00 7,319,101.30
60 Days 11 1 1 0 13
2,219,027.77 59,871.84 80,263.52 0.00 2,359,163.13
90 Days 12 8 34 2 56
1,777,121.99 1,154,716.17 4,056,978.32 124,814.97 7,113,631.45
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 68 15 38 2 123
11,239,583.85 1,884,081.54 4,524,881.14 124,814.97 17,773,361.50
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 0.259628% 0.086543% 0.000000% 0.346170%
0.189411% 0.088262% 0.000000% 0.277674%
30 Days 1.947209% 0.000000% 0.043271% 0.000000% 1.990480%
2.049292% 0.000000% 0.021408% 0.000000% 2.070700%
60 Days 0.475984% 0.043271% 0.043271% 0.000000% 0.562527%
0.627801% 0.016939% 0.022708% 0.000000% 0.667448%
90 Days 0.519256% 0.346170% 1.471225% 0.086543% 2.423193%
0.502778% 0.326689% 1.147789% 0.035312% 2.012569%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 2.942449% 0.649070% 1.644310% 0.086543% 5.322371%
3.179872% 0.533039% 1.280167% 0.035312% 5.028390%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 91,491.97
COLLATERAL STATEMENT
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 7.353917%
Weighted Average Net Coupon 7.053917%
Weighted Average Pass-Through Rate 7.027917%
Weighted Average Maturity(Stepdown Calculation ) 344
Beginning Scheduled Collateral Loan Count 2,427
Number Of Loans Paid In Full 116
Ending Scheduled Collateral Loan Count 2,311
Beginning Scheduled Collateral Balance 373,986,776.20
Ending Scheduled Collateral Balance 353,298,384.94
Ending Actual Collateral Balance at 31-Aug-2004 353,460,263.09
Monthly P &I Constant 2,613,147.87
Special Servicing Fee 0.00
Prepayment Penalties 259,688.58
Realized Loss Amount 97,881.45
Cumulative Realized Loss 130,623.18
Ending Scheduled Balance for Premium Loans 353,298,384.94
Scheduled Principal 321,258.18
Unscheduled Principal 20,367,133.08
Required Overcollateralization Amount 0.00
Overcollateralized Increase Amount 0.00
Overcollateralized reduction Amount 0.00
Specified O/C Amount 3,985,240.01
Overcollateralized Amount 3,985,240.01
Overcollateralized Deficiency Amount 0.00
Base Overcollateralized Amount 0.00
Extra principal distribution Amount 97,881.45
Excess Cash Amount 1,429,530.17
Group Level Collateral Statement
Group Group 1 Group 2 Total
Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed Fixed & Arm
Weighted Average Coupon Rate 7.386408 7.145841 7.353917
Weighted Average Net Rate 7.086408 6.845841 7.053917
Weighted Average Maturity 344 344 344
Beginning Loan Count 2,220 207 2,427
Loans Paid In Full 106 10 116
Ending Loan Count 2,114 197 2,311
Beginning Scheduled Balance 323,476,167.40 50,510,608.80 373,986,776.20
Ending scheduled Balance 305,559,287.02 47,739,097.92 353,298,384.94
Record Date 08/31/2004 08/31/2004 08/31/2004
Principal And Interest Constant 2,268,866.01 344,281.86 2,613,147.87
Scheduled Principal 277,760.31 43,497.87 321,258.18
Unscheduled Principal 17,639,120.07 2,728,013.01 20,367,133.08
Scheduled Interest 1,991,105.70 300,783.99 2,291,889.69
Servicing Fees 80,869.02 12,627.67 93,496.69
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 2,291.27 357.79 2,649.06
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 4,717.35 736.59 5,453.94
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 1,903,228.06 287,061.94 2,190,290.00
Realized Loss Amount 97,881.45 0.00 97,881.45
Cumulative Realized Loss 130,623.18 0.00 130,623.18
Percentage of Cumulative Losses 0.0343 0.0000 0.0295
Prepayment Penalties 0.00 0.00 0.00
Special Servicing Fee 0.00 0.00 0.00
Pass-Through Rate 7.060408 6.819841 7.027917
Miscellaneous Reporting
Group Group 1
Available Funds 19,759,840.40
Group Group 2
Available Funds 3,020,959.39
Group