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): October 25, 2004
BANC OF AMERICA ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-10 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-17 54-2135813
Pooling and Servicing Agreement) (Commission 54-2135814
(State or other File Number) IRS EIN
jurisdiction
of Incorporation)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
On October 25, 2004 a distribution was made to holders of BANC OF AMERICA
ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-10
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 2003-10 Trust, relating to the
October 25, 2004 distribution.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BANC OF AMERICA ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-10 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: 10/25/2004
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2003-10 Trust,
relating to the October 25, 2004 distribution.
EX-99.1
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 9/30/2004
Distribution Date: 10/25/2004
BAA Series: 2003-10
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-A-1 05948KGY9 SEN 5.50000% 57,420,748.24 263,178.47 257,064.79
1-A-R 05948KGZ6 SEN 5.50000% 0.00 0.00 0.00
1-A-LR 05948KHA0 SEN 5.50000% 0.00 0.00 0.00
2-A-1 05948KHB8 SEN 6.00000% 30,632,532.57 153,162.68 635,222.55
2-A-2 05948KHC6 SEN 2.29000% 54,522,668.29 104,047.44 1,238,427.38
2-A-3 05948KHD4 SEN 14.90400% 22,717,779.58 282,154.86 516,011.43
2-A-4 05948KHE2 SEN 6.00000% 5,933,686.06 29,668.43 (29,668.43)
3-A-1 05948KHF9 SEN 5.50000% 74,040,156.06 339,350.76 2,408,728.75
CB-IO 05948KHG7 IO 0.40681% 0.00 57,704.95 0.00
4-A-1 05948KHH5 SEN 5.50000% 21,417,868.85 98,165.25 527,015.41
4-A-2 05948KHJ1 SEN 5.50000% 2,341,000.00 10,729.58 0.00
4-A-3 05948KHK8 SEN 5.50000% 2,341,000.00 10,729.58 0.00
4-IO 05948KHL6 IO 0.52041% 0.00 9,067.99 0.00
5-A-1 05948KHM4 SEN 4.50000% 65,184,356.33 244,441.36 503,128.80
5-A-2 05948KHN2 SEN 4.50000% 1,201,290.14 4,504.84 9,272.22
6-A-1 05948KHP7 SEN 5.25000% 1,452,604.31 6,355.14 22,217.20
6-A-2 05948KHQ5 SEN 5.50000% 39,694,716.87 181,934.13 607,120.18
6-A-3 05948KHR3 SEN 5.00000% 39,694,716.87 165,394.67 607,120.18
15-IO 05948KHS1 IO 0.38587% 0.00 31,829.01 0.00
PO 05948KHT9 PO 0.00000% 5,034,810.61 0.00 41,101.39
15-B-1 05948KHX0 SUB 4.91841% 1,875,348.98 7,686.45 7,989.55
15-B-2 05948KHY8 SUB 4.91841% 571,342.88 2,341.75 2,434.09
15-B-3 05948KHZ5 SUB 4.91841% 570,382.64 2,337.82 2,430.00
15-B-4 05948KJE0 SUB 4.91841% 244,861.23 1,003.61 1,043.18
15-B-5 05948KJF7 SUB 4.91841% 163,240.82 669.07 695.45
15-B-6 05948KJG5 SUB 4.91841% 244,793.08 1,003.33 1,042.89
30-B-1 05948KHU6 SUB 5.71033% 7,666,958.44 36,484.05 8,512.07
30-B-2 05948KHV4 SUB 5.71033% 3,333,331.14 15,862.02 3,700.76
30-B-3 05948KHW2 SUB 5.71033% 1,667,160.27 7,933.36 1,850.93
30-B-4 05948KJB6 SUB 5.71033% 1,666,170.86 7,928.65 1,849.83
30-B-5 05948KJC4 SUB 5.71033% 1,166,517.49 5,551.00 1,295.10
30-B-6 05948KJD2 SUB 5.71033% 1,333,750.07 6,346.79 1,480.75
SES 05948KJA8 SEN 0.00000% 0.00 79,927.86 0.00
Totals 444,133,792.68 2,167,494.90 7,377,086.45
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-A-1 0.00 57,163,683.45 520,243.26 0.00
1-A-R 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.00 0.00
2-A-1 0.00 29,997,310.02 788,385.23 0.00
2-A-2 0.00 53,284,240.91 1,342,474.82 0.00
2-A-3 0.00 22,201,768.15 798,166.29 0.00
2-A-4 0.00 5,963,354.49 0.00 0.00
3-A-1 0.00 71,631,427.32 2,748,079.51 0.00
CB-IO 0.00 0.00 57,704.95 0.00
4-A-1 0.00 20,890,853.44 625,180.66 0.00
4-A-2 0.00 2,341,000.00 10,729.58 0.00
4-A-3 0.00 2,341,000.00 10,729.58 0.00
4-IO 0.00 0.00 9,067.99 0.00
5-A-1 0.00 64,681,227.53 747,570.16 0.00
5-A-2 0.00 1,192,017.92 13,777.06 0.00
6-A-1 0.00 1,430,387.12 28,572.34 0.00
6-A-2 0.00 39,087,596.69 789,054.31 0.00
6-A-3 0.00 39,087,596.69 772,514.85 0.00
15-IO 0.00 0.00 31,829.01 0.00
PO 0.00 4,993,709.23 41,101.39 0.00
15-B-1 0.00 1,867,359.44 15,676.00 0.00
15-B-2 0.00 568,908.79 4,775.84 0.00
15-B-3 0.00 567,952.64 4,767.82 0.00
15-B-4 0.00 243,818.05 2,046.79 0.00
15-B-5 0.00 162,545.37 1,364.52 0.00
15-B-6 0.00 243,750.20 2,046.22 0.00
30-B-1 0.00 7,658,446.36 44,996.12 0.00
30-B-2 0.00 3,329,630.38 19,562.78 0.00
30-B-3 0.00 1,665,309.35 9,784.29 0.00
30-B-4 0.00 1,664,321.03 9,778.48 0.00
30-B-5 0.00 1,165,222.38 6,846.10 0.00
30-B-6 0.00 1,332,269.31 7,827.54 0.00
SES 0.00 0.00 79,927.86 0.00
Totals 0.00 436,756,706.26 9,544,581.35 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-A-1 61,876,000.00 57,420,748.24 71,434.39 185,630.40 0.00 0.00
1-A-R 50.00 0.00 0.00 0.00 0.00 0.00
1-A-LR 50.00 0.00 0.00 0.00 0.00 0.00
2-A-1 36,000,000.00 30,632,532.57 32,162.88 603,059.66 0.00 0.00
2-A-2 65,013,882.00 54,522,668.29 62,704.63 1,175,722.75 0.00 0.00
2-A-3 27,089,118.00 22,717,779.58 26,126.93 489,884.50 0.00 0.00
2-A-4 5,645,000.00 5,933,686.06 0.00 0.00 (29,668.43) 0.00
3-A-1 86,988,000.00 74,040,156.06 82,967.54 2,325,761.21 0.00 0.00
CB-IO 0.00 0.00 0.00 0.00 0.00 0.00
4-A-1 28,208,000.00 21,417,868.85 27,941.64 499,073.77 0.00 0.00
4-A-2 2,341,000.00 2,341,000.00 0.00 0.00 0.00 0.00
4-A-3 2,341,000.00 2,341,000.00 0.00 0.00 0.00 0.00
4-IO 0.00 0.00 0.00 0.00 0.00 0.00
5-A-1 71,463,000.00 65,184,356.33 289,858.95 213,269.85 0.00 0.00
5-A-2 1,317,000.00 1,201,290.14 5,341.84 3,930.38 0.00 0.00
6-A-1 1,655,000.00 1,452,604.31 5,973.89 16,243.31 0.00 0.00
6-A-2 45,225,500.00 39,694,716.87 163,245.88 443,874.29 0.00 0.00
6-A-3 45,225,500.00 39,694,716.87 163,245.88 443,874.29 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
PO 5,471,808.00 5,034,810.61 9,996.43 31,104.95 0.00 0.00
15-B-1 1,953,000.00 1,875,348.98 7,989.55 0.00 0.00 0.00
15-B-2 595,000.00 571,342.88 2,434.09 0.00 0.00 0.00
15-B-3 594,000.00 570,382.64 2,430.00 0.00 0.00 0.00
15-B-4 255,000.00 244,861.23 1,043.18 0.00 0.00 0.00
15-B-5 170,000.00 163,240.82 695.45 0.00 0.00 0.00
15-B-6 254,929.00 244,793.08 1,042.89 0.00 0.00 0.00
30-B-1 7,749,000.00 7,666,958.44 8,512.07 0.00 0.00 0.00
30-B-2 3,369,000.00 3,333,331.14 3,700.76 0.00 0.00 0.00
30-B-3 1,685,000.00 1,667,160.27 1,850.93 0.00 0.00 0.00
30-B-4 1,684,000.00 1,666,170.86 1,849.83 0.00 0.00 0.00
30-B-5 1,179,000.00 1,166,517.49 1,295.10 0.00 0.00 0.00
30-B-6 1,348,022.00 1,333,750.07 1,480.75 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 506,695,859.00 444,133,792.68 975,325.48 6,431,429.36 (29,668.43) 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-A-1 257,064.79 57,163,683.45 0.92384258 257,064.79
1-A-R 0.00 0.00 0.00000000 0.00
1-A-LR 0.00 0.00 0.00000000 0.00
2-A-1 635,222.55 29,997,310.02 0.83325861 635,222.55
2-A-2 1,238,427.38 53,284,240.91 0.81958251 1,238,427.38
2-A-3 516,011.43 22,201,768.15 0.81958254 516,011.43
2-A-4 (29,668.43) 5,963,354.49 1.05639584 (29,668.43)
3-A-1 2,408,728.75 71,631,427.32 0.82346332 2,408,728.75
CB-IO 0.00 0.00 0.00000000 0.00
4-A-1 527,015.41 20,890,853.44 0.74060031 527,015.41
4-A-2 0.00 2,341,000.00 1.00000000 0.00
4-A-3 0.00 2,341,000.00 1.00000000 0.00
4-IO 0.00 0.00 0.00000000 0.00
5-A-1 503,128.80 64,681,227.53 0.90510093 503,128.80
5-A-2 9,272.22 1,192,017.92 0.90510093 9,272.22
6-A-1 22,217.20 1,430,387.12 0.86428225 22,217.20
6-A-2 607,120.18 39,087,596.69 0.86428225 607,120.18
6-A-3 607,120.18 39,087,596.69 0.86428225 607,120.18
15-IO 0.00 0.00 0.00000000 0.00
PO 41,101.39 4,993,709.23 0.91262508 41,101.39
15-B-1 7,989.55 1,867,359.44 0.95614923 7,989.55
15-B-2 2,434.09 568,908.79 0.95614923 2,434.09
15-B-3 2,430.00 567,952.64 0.95614923 2,430.00
15-B-4 1,043.18 243,818.05 0.95614922 1,043.18
15-B-5 695.45 162,545.37 0.95614924 695.45
15-B-6 1,042.89 243,750.20 0.95614936 1,042.89
30-B-1 8,512.07 7,658,446.36 0.98831415 8,512.07
30-B-2 3,700.76 3,329,630.38 0.98831415 3,700.76
30-B-3 1,850.93 1,665,309.35 0.98831415 1,850.93
30-B-4 1,849.83 1,664,321.03 0.98831415 1,849.83
30-B-5 1,295.10 1,165,222.38 0.98831415 1,295.10
30-B-6 1,480.75 1,332,269.31 0.98831422 1,480.75
SES 0.00 0.00 0.00000000 0.00
Totals 7,377,086.45 436,756,706.26 0.86197015 7,377,086.45
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-A-1 61,876,000.00 927.99709483 1.15447653 3.00003879 0.00000000
1-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 36,000,000.00 850.90368250 0.89341333 16.75165722 0.00000000
2-A-2 65,013,882.00 838.63117557 0.96448063 18.08418008 0.00000000
2-A-3 27,089,118.00 838.63120165 0.96448064 18.08418052 0.00000000
2-A-4 5,645,000.00 1051.14013463 0.00000000 0.00000000 (5.25570062)
3-A-1 86,988,000.00 851.15367706 0.95378144 26.73657527 0.00000000
CB-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 28,208,000.00 759.28349582 0.99055729 17.69263223 0.00000000
4-A-2 2,341,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
4-A-3 2,341,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
4-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
5-A-1 71,463,000.00 912.14133650 4.05607027 2.98433945 0.00000000
5-A-2 1,317,000.00 912.14133637 4.05606682 2.98434320 0.00000000
6-A-1 1,655,000.00 877.70653172 3.60960121 9.81468882 0.00000000
6-A-2 45,225,500.00 877.70653437 3.60959812 9.81469061 0.00000000
6-A-3 45,225,500.00 877.70653437 3.60959812 9.81469061 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 5,471,808.00 920.13656364 1.82689707 5.68458360 0.00000000
15-B-1 1,953,000.00 960.24013313 4.09091142 0.00000000 0.00000000
15-B-2 595,000.00 960.24013445 4.09090756 0.00000000 0.00000000
15-B-3 594,000.00 960.24013468 4.09090909 0.00000000 0.00000000
15-B-4 255,000.00 960.24011765 4.09090196 0.00000000 0.00000000
15-B-5 170,000.00 960.24011765 4.09088235 0.00000000 0.00000000
15-B-6 254,929.00 960.24022375 4.09090374 0.00000000 0.00000000
30-B-1 7,749,000.00 989.41262615 1.09847335 0.00000000 0.00000000
30-B-2 3,369,000.00 989.41262689 1.09847432 0.00000000 0.00000000
30-B-3 1,685,000.00 989.41262315 1.09847478 0.00000000 0.00000000
30-B-4 1,684,000.00 989.41262470 1.09847387 0.00000000 0.00000000
30-B-5 1,179,000.00 989.41262935 1.09847328 0.00000000 0.00000000
30-B-6 1,348,022.00 989.41268763 1.09846130 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-A-1 0.00000000 4.15451532 923.84257951 0.92384258 4.15451532
1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 17.64507083 833.25861167 0.83325861 17.64507083
2-A-2 0.00000000 19.04866072 819.58251485 0.81958251 19.04866072
2-A-3 0.00000000 19.04866116 819.58254049 0.81958254 19.04866116
2-A-4 0.00000000 (5.25570062) 1,056.39583525 1.05639584 (5.25570062)
3-A-1 0.00000000 27.69035672 823.46332046 0.82346332 27.69035672
CB-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 0.00000000 18.68318952 740.60030630 0.74060031 18.68318952
4-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
4-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
4-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
5-A-1 0.00000000 7.04040972 905.10092677 0.90510093 7.04040972
5-A-2 0.00000000 7.04041002 905.10092635 0.90510093 7.04041002
6-A-1 0.00000000 13.42429003 864.28224773 0.86428225 13.42429003
6-A-2 0.00000000 13.42428895 864.28224541 0.86428225 13.42428895
6-A-3 0.00000000 13.42428895 864.28224541 0.86428225 13.42428895
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 7.51148249 912.62508297 0.91262508 7.51148249
15-B-1 0.00000000 4.09091142 956.14922683 0.95614923 4.09091142
15-B-2 0.00000000 4.09090756 956.14922689 0.95614923 4.09090756
15-B-3 0.00000000 4.09090909 956.14922559 0.95614923 4.09090909
15-B-4 0.00000000 4.09090196 956.14921569 0.95614922 4.09090196
15-B-5 0.00000000 4.09088235 956.14923529 0.95614924 4.09088235
15-B-6 0.00000000 4.09090374 956.14935923 0.95614936 4.09090374
30-B-1 0.00000000 1.09847335 988.31415150 0.98831415 1.09847335
30-B-2 0.00000000 1.09847432 988.31415257 0.98831415 1.09847432
30-B-3 0.00000000 1.09847478 988.31415430 0.98831415 1.09847478
30-B-4 0.00000000 1.09847387 988.31415083 0.98831415 1.09847387
30-B-5 0.00000000 1.09847328 988.31414758 0.98831415 1.09847328
30-B-6 0.00000000 1.09846130 988.31421891 0.98831422 1.09846130
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-A-1 61,876,000.00 5.50000% 57,420,748.24 263,178.43 0.00 0.00
1-A-R 50.00 5.50000% 0.00 0.00 0.00 0.00
1-A-LR 50.00 5.50000% 0.00 0.00 0.00 0.00
2-A-1 36,000,000.00 6.00000% 30,632,532.57 153,162.66 0.00 0.00
2-A-2 65,013,882.00 2.29000% 54,522,668.29 104,047.43 0.00 0.00
2-A-3 27,089,118.00 14.90400% 22,717,779.58 282,154.82 0.00 0.00
2-A-4 5,645,000.00 6.00000% 5,933,686.06 29,668.43 0.00 0.00
3-A-1 86,988,000.00 5.50000% 74,040,156.06 339,350.72 0.00 0.00
CB-IO 0.00 0.40681% 170,216,070.01 57,704.94 0.00 0.00
4-A-1 28,208,000.00 5.50000% 21,417,868.85 98,165.23 0.00 0.00
4-A-2 2,341,000.00 5.50000% 2,341,000.00 10,729.58 0.00 0.00
4-A-3 2,341,000.00 5.50000% 2,341,000.00 10,729.58 0.00 0.00
4-IO 0.00 0.52041% 20,909,704.06 9,067.99 0.00 0.00
5-A-1 71,463,000.00 4.50000% 65,184,356.33 244,441.34 0.00 0.00
5-A-2 1,317,000.00 4.50000% 1,201,290.14 4,504.84 0.00 0.00
6-A-1 1,655,000.00 5.25000% 1,452,604.31 6,355.14 0.00 0.00
6-A-2 45,225,500.00 5.50000% 39,694,716.87 181,934.12 0.00 0.00
6-A-3 45,225,500.00 5.00000% 39,694,716.87 165,394.65 0.00 0.00
15-IO 0.00 0.38587% 98,983,943.00 31,829.00 0.00 0.00
PO 5,471,808.00 0.00000% 5,034,810.61 0.00 0.00 0.00
15-B-1 1,953,000.00 4.91841% 1,875,348.98 7,686.45 0.00 0.00
15-B-2 595,000.00 4.91841% 571,342.88 2,341.75 0.00 0.00
15-B-3 594,000.00 4.91841% 570,382.64 2,337.82 0.00 0.00
15-B-4 255,000.00 4.91841% 244,861.23 1,003.61 0.00 0.00
15-B-5 170,000.00 4.91841% 163,240.82 669.07 0.00 0.00
15-B-6 254,929.00 4.91841% 244,793.08 1,003.33 0.00 0.00
30-B-1 7,749,000.00 5.71033% 7,666,958.44 36,484.04 0.00 0.00
30-B-2 3,369,000.00 5.71033% 3,333,331.14 15,862.01 0.00 0.00
30-B-3 1,685,000.00 5.71033% 1,667,160.27 7,933.36 0.00 0.00
30-B-4 1,684,000.00 5.71033% 1,666,170.86 7,928.65 0.00 0.00
30-B-5 1,179,000.00 5.71033% 1,166,517.49 5,551.00 0.00 0.00
30-B-6 1,348,022.00 5.71033% 1,333,750.07 6,346.79 0.00 0.00
SES 0.00 0.00000% 444,133,792.96 0.00 0.00 0.00
Totals 506,695,859.00 2,087,566.78 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>
1-A-1 (0.04) 0.00 263,178.47 0.00 57,163,683.45
1-A-R 0.00 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.00 0.00 0.00
2-A-1 (0.02) 0.00 153,162.68 0.00 29,997,310.02
2-A-2 (0.01) 0.00 104,047.44 0.00 53,284,240.91
2-A-3 (0.04) 0.00 282,154.86 0.00 22,201,768.15
2-A-4 0.00 0.00 29,668.43 0.00 5,963,354.49
3-A-1 (0.05) 0.00 339,350.76 0.00 71,631,427.32
CB-IO (0.01) 0.00 57,704.95 0.00 166,178,429.26
4-A-1 (0.01) 0.00 98,165.25 0.00 20,890,853.44
4-A-2 0.00 0.00 10,729.58 0.00 2,341,000.00
4-A-3 0.00 0.00 10,729.58 0.00 2,341,000.00
4-IO 0.00 0.00 9,067.99 0.00 20,389,395.89
5-A-1 (0.02) 0.00 244,441.36 0.00 64,681,227.53
5-A-2 0.00 0.00 4,504.84 0.00 1,192,017.92
6-A-1 0.00 0.00 6,355.14 0.00 1,430,387.12
6-A-2 (0.01) 0.00 181,934.13 0.00 39,087,596.69
6-A-3 (0.01) 0.00 165,394.67 0.00 39,087,596.69
15-IO 0.00 0.00 31,829.01 0.00 97,726,161.60
PO 0.00 0.00 0.00 0.00 4,993,709.23
15-B-1 0.00 0.00 7,686.45 0.00 1,867,359.44
15-B-2 0.00 0.00 2,341.75 0.00 568,908.79
15-B-3 0.00 0.00 2,337.82 0.00 567,952.64
15-B-4 0.00 0.00 1,003.61 0.00 243,818.05
15-B-5 0.00 0.00 669.07 0.00 162,545.37
15-B-6 0.00 0.00 1,003.33 0.00 243,750.20
30-B-1 (0.01) 0.00 36,484.05 0.00 7,658,446.36
30-B-2 0.00 0.00 15,862.02 0.00 3,329,630.38
30-B-3 0.00 0.00 7,933.36 0.00 1,665,309.35
30-B-4 0.00 0.00 7,928.65 0.00 1,664,321.03
30-B-5 0.00 0.00 5,551.00 0.00 1,165,222.38
30-B-6 0.00 0.00 6,346.79 0.00 1,332,269.31
SES 0.00 0.00 79,927.86 0.00 436,756,706.52
Totals (0.23) 0.00 2,167,494.90 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-A-1 61,876,000.00 5.50000% 927.99709483 4.25332003 0.00000000 0.00000000
1-A-R 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 36,000,000.00 6.00000% 850.90368250 4.25451833 0.00000000 0.00000000
2-A-2 65,013,882.00 2.29000% 838.63117557 1.60038790 0.00000000 0.00000000
2-A-3 27,089,118.00 14.90400% 838.63120165 10.41579944 0.00000000 0.00000000
2-A-4 5,645,000.00 6.00000% 1051.14013463 5.25570062 0.00000000 0.00000000
3-A-1 86,988,000.00 5.50000% 851.15367706 3.90112107 0.00000000 0.00000000
CB-IO 0.00 0.40681% 851.20400629 0.28856662 0.00000000 0.00000000
4-A-1 28,208,000.00 5.50000% 759.28349582 3.48004928 0.00000000 0.00000000
4-A-2 2,341,000.00 5.50000% 1000.00000000 4.58333191 0.00000000 0.00000000
4-A-3 2,341,000.00 5.50000% 1000.00000000 4.58333191 0.00000000 0.00000000
4-IO 0.00 0.52041% 767.15553596 0.33269523 0.00000000 0.00000000
5-A-1 71,463,000.00 4.50000% 912.14133650 3.42053006 0.00000000 0.00000000
5-A-2 1,317,000.00 4.50000% 912.14133637 3.42053151 0.00000000 0.00000000
6-A-1 1,655,000.00 5.25000% 877.70653172 3.83996375 0.00000000 0.00000000
6-A-2 45,225,500.00 5.50000% 877.70653437 4.02282164 0.00000000 0.00000000
6-A-3 45,225,500.00 5.00000% 877.70653437 3.65711048 0.00000000 0.00000000
15-IO 0.00 0.38587% 883.55251825 0.28411268 0.00000000 0.00000000
PO 5,471,808.00 0.00000% 920.13656364 0.00000000 0.00000000 0.00000000
15-B-1 1,953,000.00 4.91841% 960.24013313 3.93571429 0.00000000 0.00000000
15-B-2 595,000.00 4.91841% 960.24013445 3.93571429 0.00000000 0.00000000
15-B-3 594,000.00 4.91841% 960.24013468 3.93572391 0.00000000 0.00000000
15-B-4 255,000.00 4.91841% 960.24011765 3.93572549 0.00000000 0.00000000
15-B-5 170,000.00 4.91841% 960.24011765 3.93570588 0.00000000 0.00000000
15-B-6 254,929.00 4.91841% 960.24022375 3.93572328 0.00000000 0.00000000
30-B-1 7,749,000.00 5.71033% 989.41262615 4.70822558 0.00000000 0.00000000
30-B-2 3,369,000.00 5.71033% 989.41262689 4.70822499 0.00000000 0.00000000
30-B-3 1,685,000.00 5.71033% 989.41262315 4.70822552 0.00000000 0.00000000
30-B-4 1,684,000.00 5.71033% 989.41262470 4.70822447 0.00000000 0.00000000
30-B-5 1,179,000.00 5.71033% 989.41262935 4.70822731 0.00000000 0.00000000
30-B-6 1,348,022.00 5.71033% 989.41268763 4.70822435 0.00000000 0.00000000
SES 0.00 0.00000% 876.52935003 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-A-1 (0.00000065) 0.00000000 4.25332067 0.00000000 923.84257951
1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 (0.00000056) 0.00000000 4.25451889 0.00000000 833.25861167
2-A-2 (0.00000015) 0.00000000 1.60038805 0.00000000 819.58251485
2-A-3 (0.00000148) 0.00000000 10.41580091 0.00000000 819.58254049
2-A-4 0.00000000 0.00000000 5.25570062 0.00000000 1056.39583525
3-A-1 (0.00000057) 0.00000000 3.90112153 0.00000000 823.46332046
CB-IO (0.00000005) 0.00000000 0.28856667 0.00000000 831.01286933
4-A-1 (0.00000035) 0.00000000 3.48004999 0.00000000 740.60030630
4-A-2 0.00000000 0.00000000 4.58333191 0.00000000 1000.00000000
4-A-3 0.00000000 0.00000000 4.58333191 0.00000000 1000.00000000
4-IO 0.00000000 0.00000000 0.33269523 0.00000000 748.06596435
5-A-1 (0.00000028) 0.00000000 3.42053034 0.00000000 905.10092677
5-A-2 0.00000000 0.00000000 3.42053151 0.00000000 905.10092635
6-A-1 0.00000000 0.00000000 3.83996375 0.00000000 864.28224773
6-A-2 (0.00000022) 0.00000000 4.02282186 0.00000000 864.28224541
6-A-3 (0.00000022) 0.00000000 3.65711092 0.00000000 864.28224541
15-IO 0.00000000 0.00000000 0.28411277 0.00000000 872.32528392
PO 0.00000000 0.00000000 0.00000000 0.00000000 912.62508297
15-B-1 0.00000000 0.00000000 3.93571429 0.00000000 956.14922683
15-B-2 0.00000000 0.00000000 3.93571429 0.00000000 956.14922689
15-B-3 0.00000000 0.00000000 3.93572391 0.00000000 956.14922559
15-B-4 0.00000000 0.00000000 3.93572549 0.00000000 956.14921569
15-B-5 0.00000000 0.00000000 3.93570588 0.00000000 956.14923529
15-B-6 0.00000000 0.00000000 3.93572328 0.00000000 956.14935923
30-B-1 (0.00000129) 0.00000000 4.70822687 0.00000000 988.31415150
30-B-2 0.00000000 0.00000000 4.70822796 0.00000000 988.31415257
30-B-3 0.00000000 0.00000000 4.70822552 0.00000000 988.31415430
30-B-4 0.00000000 0.00000000 4.70822447 0.00000000 988.31415083
30-B-5 0.00000000 0.00000000 4.70822731 0.00000000 988.31414758
30-B-6 0.00000000 0.00000000 4.70822435 0.00000000 988.31421891
SES 0.00000000 0.00000000 0.15774327 0.00000000 861.97014989
<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>
1-IO 0.15543% 30,051,608.47 29,950,944.94 0.00 0.00 93.44991730%
2-IO 0.36938% 84,855,161.23 83,042,392.26 0.00 0.00 81.80281414%
3-IO 0.60082% 55,309,300.31 53,185,092.06 0.00 0.00 80.09156823%
4-IO 0.52041% 20,909,704.06 20,389,395.89 0.00 0.00 74.80659643%
5-IO 0.30625% 46,457,679.54 46,195,207.70 0.00 0.00 90.23838558%
6-IO 0.45629% 52,526,263.46 51,530,953.90 0.00 0.00 84.70319792%
1-PO 0.00000% 0.00 0.00 1,652,981.15 1,650,427.47 92.77255532%
2-PO 0.00000% 0.00 0.00 657,760.89 650,577.97 91.18453791%
3-PO 0.00000% 0.00 0.00 1,532,459.74 1,512,781.89 91.78087176%
4-PO 0.00000% 0.00 0.00 190,627.14 190,397.98 86.21496008%
5-PO 0.00000% 0.00 0.00 675,843.59 665,901.83 87.47766166%
6-PO 0.00000% 0.00 0.00 325,138.11 323,622.09 92.72573565%
1-SES 0.00000% 62,418,973.21 62,155,193.09 0.00 0.00 92.71240576%
2-SES 0.00000% 121,545,719.35 119,171,108.44 0.00 0.00 84.15214231%
3-SES 0.00000% 80,236,728.45 77,803,095.37 0.00 0.00 83.34487911%
4-SES 0.00000% 28,033,735.64 27,504,624.82 0.00 0.00 78.87267985%
5-SES 0.00000% 68,684,035.81 68,154,477.97 0.00 0.00 90.58986049%
6-SES 0.00000% 83,214,600.50 81,968,206.83 0.00 0.00 86.66176328%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 9,564,752.41
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 9,564,752.41
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 20,171.06
Payment of Interest and Principal 9,544,581.35
Total Withdrawals (Pool Distribution Amount) 9,564,752.41
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 18,505.57
Trustee Fee - Wells Fargo Bank, N.A. 1,665.49
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 20,171.06
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 7 1 0 8
720,529.11 117,067.21 0.00 837,596.32
30 Days 27 0 0 0 27
3,417,982.99 0.00 0.00 0.00 3,417,982.99
60 Days 4 0 0 0 4
432,969.65 0.00 0.00 0.00 432,969.65
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 1 0 0 0 1
281,472.46 0.00 0.00 0.00 281,472.46
150 Days 0 0 1 0 1
0.00 0.00 29,751.58 0.00 29,751.58
180+ Days 0 0 1 0 1
0.00 0.00 108,425.48 0.00 108,425.48
Totals 32 7 3 0 42
4,132,425.10 720,529.11 255,244.27 0.00 5,108,198.48
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 0.190528% 0.027218% 0.000000% 0.217746%
0.164660% 0.026753% 0.000000% 0.191413%
30 Days 0.734894% 0.000000% 0.000000% 0.000000% 0.734894%
0.781101% 0.000000% 0.000000% 0.000000% 0.781101%
60 Days 0.108873% 0.000000% 0.000000% 0.000000% 0.108873%
0.098945% 0.000000% 0.000000% 0.000000% 0.098945%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.027218% 0.000000% 0.000000% 0.000000% 0.027218%
0.064324% 0.000000% 0.000000% 0.000000% 0.064324%
150 Days 0.000000% 0.000000% 0.027218% 0.000000% 0.027218%
0.000000% 0.000000% 0.006799% 0.000000% 0.006799%
180+ Days 0.000000% 0.000000% 0.027218% 0.000000% 0.027218%
0.000000% 0.000000% 0.024778% 0.000000% 0.024778%
Totals 0.870985% 0.190528% 0.081655% 0.000000% 1.143168%
0.944370% 0.164660% 0.058330% 0.000000% 1.167360%
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
264,427.20 0.00 0.00 0.00 264,427.20
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
264,427.20 0.00 0.00 0.00 264,427.20
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.408998% 0.000000% 0.000000% 0.000000% 0.408998%
0.424952% 0.000000% 0.000000% 0.000000% 0.424952%
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 0.408998% 0.000000% 0.000000% 0.000000% 0.408998%
0.424952% 0.000000% 0.000000% 0.000000% 0.424952%
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 1 0 0 1
96,363.94 0.00 0.00 96,363.94
30 Days 6 0 0 0 6
902,975.76 0.00 0.00 0.00 902,975.76
60 Days 1 0 0 0 1
119,048.92 0.00 0.00 0.00 119,048.92
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 7 1 0 0 8
1,022,024.68 96,363.94 0.00 0.00 1,118,388.62
0-29 Days 0.098717% 0.000000% 0.000000% 0.098717%
0.080790% 0.000000% 0.000000% 0.080790%
30 Days 0.592300% 0.000000% 0.000000% 0.000000% 0.592300%
0.757045% 0.000000% 0.000000% 0.000000% 0.757045%
60 Days 0.098717% 0.000000% 0.000000% 0.000000% 0.098717%
0.099809% 0.000000% 0.000000% 0.000000% 0.099809%
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 0.691017% 0.098717% 0.000000% 0.000000% 0.789733%
0.856854% 0.080790% 0.000000% 0.000000% 0.937644%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
3 - 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 4 1 0 5
443,915.03 117,067.21 0.00 560,982.24
30 Days 8 0 0 0 8
1,213,628.96 0.00 0.00 0.00 1,213,628.96
60 Days 1 0 0 0 1
238,188.26 0.00 0.00 0.00 238,188.26
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 1 0 0 0 1
281,472.46 0.00 0.00 0.00 281,472.46
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 0.00 108,425.48 0.00 108,425.48
Totals 10 4 2 0 16
1,733,289.68 443,915.03 225,492.69 0.00 2,402,697.40
0-29 Days 0.714286% 0.178571% 0.000000% 0.892857%
0.569994% 0.150316% 0.000000% 0.720310%
30 Days 1.428571% 0.000000% 0.000000% 0.000000% 1.428571%
1.558319% 0.000000% 0.000000% 0.000000% 1.558319%
60 Days 0.178571% 0.000000% 0.000000% 0.000000% 0.178571%
0.305837% 0.000000% 0.000000% 0.000000% 0.305837%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.178571% 0.000000% 0.000000% 0.000000% 0.178571%
0.361415% 0.000000% 0.000000% 0.000000% 0.361415%
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% 0.178571% 0.000000% 0.178571%
0.000000% 0.000000% 0.139220% 0.000000% 0.139220%
Totals 1.785714% 0.714286% 0.357143% 0.000000% 2.857143%
2.225571% 0.569994% 0.289536% 0.000000% 3.085101%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
4 - 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 1 0 0 0 1
344,864.29 0.00 0.00 0.00 344,864.29
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 1 0 0 0 1
344,864.29 0.00 0.00 0.00 344,864.29
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.785714% 0.000000% 0.000000% 0.000000% 1.785714%
1.252725% 0.000000% 0.000000% 0.000000% 1.252725%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 1.785714% 0.000000% 0.000000% 0.000000% 1.785714%
1.252725% 0.000000% 0.000000% 0.000000% 1.252725%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
5 - 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 2 0 0 2
180,250.14 0.00 0.00 180,250.14
30 Days 6 0 0 0 6
429,365.68 0.00 0.00 0.00 429,365.68
60 Days 1 0 0 0 1
44,811.83 0.00 0.00 0.00 44,811.83
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 2 0 0 9
474,177.51 180,250.14 0.00 0.00 654,427.65
0-29 Days 0.321543% 0.000000% 0.000000% 0.321543%
0.263467% 0.000000% 0.000000% 0.263467%
30 Days 0.964630% 0.000000% 0.000000% 0.000000% 0.964630%
0.627593% 0.000000% 0.000000% 0.000000% 0.627593%
60 Days 0.160772% 0.000000% 0.000000% 0.000000% 0.160772%
0.065500% 0.000000% 0.000000% 0.000000% 0.065500%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 1.125402% 0.321543% 0.000000% 0.000000% 1.446945%
0.693093% 0.263467% 0.000000% 0.000000% 0.956560%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
6 - 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 4 0 0 0 4
262,721.10 0.00 0.00 0.00 262,721.10
60 Days 1 0 0 0 1
30,920.64 0.00 0.00 0.00 30,920.64
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 1 0 1
0.00 0.00 29,751.58 0.00 29,751.58
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 5 0 1 0 6
293,641.74 0.00 29,751.58 0.00 323,393.32
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.428266% 0.000000% 0.000000% 0.000000% 0.428266%
0.319381% 0.000000% 0.000000% 0.000000% 0.319381%
60 Days 0.107066% 0.000000% 0.000000% 0.000000% 0.107066%
0.037589% 0.000000% 0.000000% 0.000000% 0.037589%
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% 0.107066% 0.000000% 0.107066%
0.000000% 0.000000% 0.036168% 0.000000% 0.036168%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.535332% 0.000000% 0.107066% 0.000000% 0.642398%
0.356970% 0.000000% 0.036168% 0.000000% 0.393138%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 28,303.95
COLLATERAL STATEMENT
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 5.894873%
Weighted Average Pass-Through Rate 5.640373%
Weighted Average Maturity(Stepdown Calculation ) 282
Beginning Scheduled Collateral Loan Count 3,725
Number Of Loans Paid In Full 51
Ending Scheduled Collateral Loan Count 3,674
Beginning Scheduled Collateral Balance 444,133,792.96
Ending Scheduled Collateral Balance 436,756,706.52
Ending Actual Collateral Balance at 30-Sep-2004 437,585,446.50
Monthly P &I Constant 3,155,583.79
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 9,252,977.94
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 436,756,706.52
Scheduled Principal 973,823.33
Unscheduled Principal 6,403,263.11
Group Level Collateral Statement
Group 1 - 30 Year Fixed 2 - 30 Year Fixed 3 - 30 Year Fixed
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 5.683685 6.479910 6.063614
Weighted Average Net Rate 5.433685 6.229910 5.813614
Weighted Average Maturity 337 343 342
Beginning Loan Count 491 1,032 575
Loans Paid In Full 2 19 15
Ending Loan Count 489 1,013 560
Beginning Scheduled Balance 62,418,973.21 121,545,719.35 80,236,728.45
Ending scheduled Balance 62,155,193.09 119,171,108.44 77,803,095.37
Record Date 09/30/2004 09/30/2004 09/30/2004
Principal And Interest Constant 373,570.19 784,016.31 495,801.15
Scheduled Principal 77,928.69 127,678.57 90,364.03
Unscheduled Principal 185,851.43 2,246,932.34 2,343,269.05
Scheduled Interest 295,641.50 656,337.74 405,437.12
Servicing Fees 13,003.95 25,322.02 16,715.99
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 234.08 455.79 300.89
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 282,403.47 630,559.93 388,420.24
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 5.429185 6.225410 5.809114
Group Level Collateral Statement
Group 4 - 30 Year Fixed 5 - 15 Year Fixed 6 - 15 Year Fixed
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 6.105261 4.917365 5.772006
Weighted Average Net Rate 5.855261 4.667365 5.522006
Weighted Average Maturity 345 162 164
Beginning Loan Count 57 625 945
Loans Paid In Full 1 3 11
Ending Loan Count 56 622 934
Beginning Scheduled Balance 28,033,735.64 68,684,035.81 83,214,600.50
Ending scheduled Balance 27,504,624.82 68,154,477.97 81,968,206.83
Record Date 09/30/2004 09/30/2004 09/30/2004
Principal And Interest Constant 172,659.73 587,044.79 742,491.62
Scheduled Principal 30,032.01 305,591.05 342,228.98
Unscheduled Principal 499,078.81 223,966.79 904,164.69
Scheduled Interest 142,627.72 281,453.74 400,262.64
Servicing Fees 5,840.36 14,309.19 17,336.38
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 105.14 257.56 312.03
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 136,682.22 266,886.99 382,614.23
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 5.850761 4.662865 5.517506
Group Level Collateral Statement
Group Total
Collateral Description Mixed Fixed
Weighted Average Coupon Rate 5.894873
Weighted Average Net Rate 5.644873
Weighted Average Maturity 282.00
Record Date 09/30/2004
Principal And Interest Constant 3,155,583.79
Beginning Loan Count 3,725
Loans Paid In Full 51
Ending Loan Count 3,674
Beginning Scheduled Balance 444,133,792.96
Ending Scheduled Balance 436,756,706.52
Scheduled Principal 973,823.33
Unscheduled Principal 6,403,263.11
Scheduled Interest 2,181,760.46
Servicing Fee 92,527.89
Master Servicing Fee 0.00
Trustee Fee 1,665.49
Fry Amount 0.00
Special Hazard Fee 0.00
Other Fee 0.00
Pool Insurance Fee 0.00
Spread 1 0.00
Spread 2 0.00
Spread 3 0.00
Net Interest 2,087,567.08
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 5.640373
Miscellaneous Reporting
Group 1 - 30 Year Fixed
CPR 3.519367%
Subordinate % 5.505124%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.494876%
Group 2 - 30 Year Fixed
CPR 20.080438%
Subordinate % 5.857731%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.142269%
Group 3 - 30 Year Fixed
CPR 29.958315%
Subordinate % 5.926123%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.073877%
Miscellaneous Reporting
Group 4 - 30 Year Fixed
CPR 19.409652%
Subordinate % 6.260937%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 93.739063%
Group 5 - 15 Year Fixed
CPR 3.860442%
Subordinate % 2.385808%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.614192%
Group 6 - 15 Year Fixed
CPR 12.334642%
Subordinate % 2.470066%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.529934%
Group