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 2003-11 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-18 54-2139182
Pooling and Servicing Agreement) (Commission 54-2139183
(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 2003-11
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 2003-11 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 2003-11 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 2003-11 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: 2003-11
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 05948KJJ9 SEN 6.00000% 121,725,340.30 608,531.22 1,875,216.40
1-A-R 05948KJK6 SEN 6.00000% 0.00 0.00 0.00
1-A-LR 05948KJL4 SEN 6.00000% 0.00 0.00 0.00
2-A-1 05948KJM2 SEN 6.00000% 58,067,425.98 290,291.58 745,400.14
CB-IO 05948KJN0 IO 0.32889% 0.00 23,068.46 0.00
3-A-1 05948KJP5 SEN 6.00000% 12,279,506.98 61,387.90 14,027.93
3-IO 05948KJQ3 IO 0.48751% 0.00 2,157.66 0.00
4-A-1 05948KJR1 SEN 4.75000% 44,955,305.33 177,948.10 611,929.97
4-A-2 05948KJS9 SEN 4.75000% 637,892.39 2,524.99 8,682.97
5-A-1 05948KJT7 SEN 5.50000% 38,567,060.98 176,765.71 326,023.16
5-A-2 05948KJU4 SEN 5.50000% 542,241.88 2,485.28 4,583.79
15-IO 05948KJV2 IO 0.35040% 0.00 19,570.08 0.00
PO 05948KJW0 PO 0.00000% 6,519,472.27 0.00 99,487.99
15-B-1 05948KKA6 SUB 5.10806% 1,231,827.62 5,243.55 5,083.64
15-B-2 05948KKB4 SUB 5.10806% 473,037.25 2,013.59 1,952.18
15-B-3 05948KJH3 SUB 5.10806% 331,126.08 1,409.51 1,366.53
15-B-4 05948KKG3 SUB 5.10806% 189,214.90 805.43 780.87
15-B-5 05948KKH1 SUB 5.10806% 95,572.83 406.83 394.42
15-B-6 05948KKJ7 SUB 5.10806% 189,454.32 806.45 781.86
30-B-1 05948KJX8 SUB 6.00000% 5,689,200.95 28,441.54 6,069.94
30-B-2 05948KJY6 SUB 6.00000% 2,606,807.33 13,031.99 2,781.26
30-B-3 05948KJZ3 SUB 6.00000% 1,185,993.30 5,929.04 1,265.36
30-B-4 05948KKD0 SUB 6.00000% 1,540,701.41 7,702.30 1,643.81
30-B-5 05948KKE8 SUB 6.00000% 947,209.35 4,735.30 1,010.60
30-B-6 05948KKF5 SUB 6.00000% 1,067,646.70 5,337.40 1,139.09
SES 05948KKC2 SEN 0.00000% 0.00 52,859.29 0.00
Totals 298,842,038.15 1,493,453.20 3,709,621.91
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-A-1 0.00 119,850,123.90 2,483,747.62 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 57,322,025.85 1,035,691.72 0.00
CB-IO 0.00 0.00 23,068.46 0.00
3-A-1 0.00 12,265,479.05 75,415.83 0.00
3-IO 0.00 0.00 2,157.66 0.00
4-A-1 0.00 44,343,375.37 789,878.07 0.00
4-A-2 0.00 629,209.43 11,207.96 0.00
5-A-1 0.00 38,241,037.81 502,788.87 0.00
5-A-2 0.00 537,658.09 7,069.07 0.00
15-IO 0.00 0.00 19,570.08 0.00
PO 0.00 6,419,984.28 99,487.99 0.00
15-B-1 0.00 1,226,743.99 10,327.19 0.00
15-B-2 0.00 471,085.07 3,965.77 0.00
15-B-3 0.00 329,759.55 2,776.04 0.00
15-B-4 0.00 188,434.03 1,586.30 0.00
15-B-5 0.00 95,178.41 801.25 0.00
15-B-6 0.00 188,672.46 1,588.31 0.00
30-B-1 0.00 5,683,131.01 34,511.48 0.00
30-B-2 0.00 2,604,026.07 15,813.25 0.00
30-B-3 0.00 1,184,727.94 7,194.40 0.00
30-B-4 0.00 1,539,057.60 9,346.11 0.00
30-B-5 0.00 946,198.75 5,745.90 0.00
30-B-6 0.00 1,066,507.61 6,476.49 0.00
SES 0.00 0.00 52,859.29 0.00
Totals 0.00 295,132,416.27 5,203,075.11 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-1 136,100,000.00 121,725,340.30 132,450.53 1,742,765.87 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 67,940,000.00 58,067,425.98 60,263.78 685,136.36 0.00 0.00
CB-IO 0.00 0.00 0.00 0.00 0.00 0.00
3-A-1 15,462,000.00 12,279,506.98 12,383.83 1,644.11 0.00 0.00
3-IO 0.00 0.00 0.00 0.00 0.00 0.00
4-A-1 48,839,000.00 44,955,305.33 190,303.39 421,626.58 0.00 0.00
4-A-2 693,000.00 637,892.39 2,700.31 5,982.66 0.00 0.00
5-A-1 44,880,000.00 38,567,060.98 154,676.85 171,346.31 0.00 0.00
5-A-2 631,000.00 542,241.88 2,174.71 2,409.08 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
PO 7,017,645.00 6,519,472.27 9,170.33 90,317.66 0.00 0.00
15-B-1 1,276,000.00 1,231,827.62 5,083.64 0.00 0.00 0.00
15-B-2 490,000.00 473,037.25 1,952.18 0.00 0.00 0.00
15-B-3 343,000.00 331,126.08 1,366.53 0.00 0.00 0.00
15-B-4 196,000.00 189,214.90 780.87 0.00 0.00 0.00
15-B-5 99,000.00 95,572.83 394.42 0.00 0.00 0.00
15-B-6 196,248.00 189,454.32 781.86 0.00 0.00 0.00
30-B-1 5,742,000.00 5,689,200.95 6,069.94 0.00 0.00 0.00
30-B-2 2,631,000.00 2,606,807.33 2,781.26 0.00 0.00 0.00
30-B-3 1,197,000.00 1,185,993.30 1,265.36 0.00 0.00 0.00
30-B-4 1,555,000.00 1,540,701.41 1,643.81 0.00 0.00 0.00
30-B-5 956,000.00 947,209.35 1,010.60 0.00 0.00 0.00
30-B-6 1,077,555.00 1,067,646.70 1,139.09 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 337,321,548.00 298,842,038.15 588,393.29 3,121,228.63 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-A-1 1,875,216.40 119,850,123.90 0.88060341 1,875,216.40
1-A-R 0.00 0.00 0.00000000 0.00
1-A-LR 0.00 0.00 0.00000000 0.00
2-A-1 745,400.14 57,322,025.85 0.84371542 745,400.14
CB-IO 0.00 0.00 0.00000000 0.00
3-A-1 14,027.93 12,265,479.05 0.79326601 14,027.93
3-IO 0.00 0.00 0.00000000 0.00
4-A-1 611,929.97 44,343,375.37 0.90795011 611,929.97
4-A-2 8,682.97 629,209.43 0.90795012 8,682.97
5-A-1 326,023.16 38,241,037.81 0.85207303 326,023.16
5-A-2 4,583.79 537,658.09 0.85207304 4,583.79
15-IO 0.00 0.00 0.00000000 0.00
PO 99,487.99 6,419,984.28 0.91483457 99,487.99
15-B-1 5,083.64 1,226,743.99 0.96139811 5,083.64
15-B-2 1,952.18 471,085.07 0.96139810 1,952.18
15-B-3 1,366.53 329,759.55 0.96139810 1,366.53
15-B-4 780.87 188,434.03 0.96139811 780.87
15-B-5 394.42 95,178.41 0.96139808 394.42
15-B-6 781.86 188,672.46 0.96139813 781.86
30-B-1 6,069.94 5,683,131.01 0.98974765 6,069.94
30-B-2 2,781.26 2,604,026.07 0.98974765 2,781.26
30-B-3 1,265.36 1,184,727.94 0.98974765 1,265.36
30-B-4 1,643.81 1,539,057.60 0.98974765 1,643.81
30-B-5 1,010.60 946,198.75 0.98974765 1,010.60
30-B-6 1,139.09 1,066,507.61 0.98974773 1,139.09
SES 0.00 0.00 0.00000000 0.00
Totals 3,709,621.91 295,132,416.27 0.87492903 3,709,621.91
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-1 136,100,000.00 894.38163336 0.97318538 12.80503946 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 67,940,000.00 854.68687047 0.88701472 10.08443273 0.00000000
CB-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
3-A-1 15,462,000.00 794.17326219 0.80092032 0.10633230 0.00000000
3-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 48,839,000.00 920.47964393 3.89654559 8.63298962 0.00000000
4-A-2 693,000.00 920.47963925 3.89655123 8.63298701 0.00000000
5-A-1 44,880,000.00 859.33736586 3.44645388 3.81787678 0.00000000
5-A-2 631,000.00 859.33736926 3.44645008 3.81787639 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 7,017,645.00 929.01140910 1.30675319 12.87008106 0.00000000
15-B-1 1,276,000.00 965.38214734 3.98404389 0.00000000 0.00000000
15-B-2 490,000.00 965.38214286 3.98404082 0.00000000 0.00000000
15-B-3 343,000.00 965.38215743 3.98405248 0.00000000 0.00000000
15-B-4 196,000.00 965.38214286 3.98403061 0.00000000 0.00000000
15-B-5 99,000.00 965.38212121 3.98404040 0.00000000 0.00000000
15-B-6 196,248.00 965.38216950 3.98404060 0.00000000 0.00000000
30-B-1 5,742,000.00 990.80476315 1.05711250 0.00000000 0.00000000
30-B-2 2,631,000.00 990.80476245 1.05711136 0.00000000 0.00000000
30-B-3 1,197,000.00 990.80476190 1.05710944 0.00000000 0.00000000
30-B-4 1,555,000.00 990.80476527 1.05711254 0.00000000 0.00000000
30-B-5 956,000.00 990.80475941 1.05711297 0.00000000 0.00000000
30-B-6 1,077,555.00 990.80483131 1.05710613 0.00000000 0.00000000
SES 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All deals 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 13.77822483 880.60340852 0.88060341 13.77822483
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 10.97144745 843.71542317 0.84371542 10.97144745
CB-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
3-A-1 0.00000000 0.90725197 793.26601022 0.79326601 0.90725197
3-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 0.00000000 12.52953521 907.95010893 0.90795011 12.52953521
4-A-2 0.00000000 12.52953824 907.95011544 0.90795012 12.52953824
5-A-1 0.00000000 7.26433066 852.07303498 0.85207303 7.26433066
5-A-2 0.00000000 7.26432647 852.07304279 0.85207304 7.26432647
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 14.17683425 914.83457485 0.91483457 14.17683425
15-B-1 0.00000000 3.98404389 961.39811129 0.96139811 3.98404389
15-B-2 0.00000000 3.98404082 961.39810204 0.96139810 3.98404082
15-B-3 0.00000000 3.98405248 961.39810496 0.96139810 3.98405248
15-B-4 0.00000000 3.98403061 961.39811224 0.96139811 3.98403061
15-B-5 0.00000000 3.98404040 961.39808081 0.96139808 3.98404040
15-B-6 0.00000000 3.98404060 961.39812890 0.96139813 3.98404060
30-B-1 0.00000000 1.05711250 989.74765064 0.98974765 1.05711250
30-B-2 0.00000000 1.05711136 989.74765108 0.98974765 1.05711136
30-B-3 0.00000000 1.05710944 989.74765246 0.98974765 1.05710944
30-B-4 0.00000000 1.05711254 989.74765273 0.98974765 1.05711254
30-B-5 0.00000000 1.05711297 989.74764644 0.98974765 1.05711297
30-B-6 0.00000000 1.05710613 989.74772517 0.98974773 1.05710613
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-1 136,100,000.00 6.00000% 121,725,340.30 608,626.70 0.00 0.00
1-A-R 50.00 6.00000% 0.00 0.00 0.00 0.00
1-A-LR 50.00 6.00000% 0.00 0.00 0.00 0.00
2-A-1 67,940,000.00 6.00000% 58,067,425.98 290,337.13 0.00 0.00
CB-IO 0.00 0.32889% 84,180,548.55 23,072.08 0.00 0.00
3-A-1 15,462,000.00 6.00000% 12,279,506.98 61,397.53 0.00 0.00
3-IO 0.00 0.48751% 5,311,835.65 2,157.99 0.00 0.00
4-A-1 48,839,000.00 4.75000% 44,955,305.33 177,948.08 0.00 0.00
4-A-2 693,000.00 4.75000% 637,892.39 2,524.99 0.00 0.00
5-A-1 44,880,000.00 5.50000% 38,567,060.98 176,765.70 0.00 0.00
5-A-2 631,000.00 5.50000% 542,241.88 2,485.28 0.00 0.00
15-IO 0.00 0.35040% 67,021,525.78 19,570.08 0.00 0.00
PO 7,017,645.00 0.00000% 6,519,472.27 0.00 0.00 0.00
15-B-1 1,276,000.00 5.10806% 1,231,827.62 5,243.54 0.00 0.00
15-B-2 490,000.00 5.10806% 473,037.25 2,013.59 0.00 0.00
15-B-3 343,000.00 5.10806% 331,126.08 1,409.51 0.00 0.00
15-B-4 196,000.00 5.10806% 189,214.90 805.43 0.00 0.00
15-B-5 99,000.00 5.10806% 95,572.83 406.83 0.00 0.00
15-B-6 196,248.00 5.10806% 189,454.32 806.45 0.00 0.00
30-B-1 5,742,000.00 6.00000% 5,689,200.95 28,446.00 0.00 0.00
30-B-2 2,631,000.00 6.00000% 2,606,807.33 13,034.04 0.00 0.00
30-B-3 1,197,000.00 6.00000% 1,185,993.30 5,929.97 0.00 0.00
30-B-4 1,555,000.00 6.00000% 1,540,701.41 7,703.51 0.00 0.00
30-B-5 956,000.00 6.00000% 947,209.35 4,736.05 0.00 0.00
30-B-6 1,077,555.00 6.00000% 1,067,646.70 5,338.23 0.00 0.00
SES 0.00 0.00000% 298,842,038.90 0.00 0.00 0.00
Totals 337,321,548.00 1,440,758.71 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 95.48 0.00 608,531.22 0.00 119,850,123.90
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 45.55 0.00 290,291.58 0.00 57,322,025.85
CB-IO 3.62 0.00 23,068.46 0.00 83,250,425.45
3-A-1 9.63 0.00 61,387.90 0.00 12,265,479.05
3-IO 0.34 0.00 2,157.66 0.00 5,305,677.88
4-A-1 (0.02) 0.00 177,948.10 0.00 44,343,375.37
4-A-2 0.00 0.00 2,524.99 0.00 629,209.43
5-A-1 (0.02) 0.00 176,765.71 0.00 38,241,037.81
5-A-2 0.00 0.00 2,485.28 0.00 537,658.09
15-IO 0.00 0.00 19,570.08 0.00 66,503,825.57
PO 0.00 0.00 0.00 0.00 6,419,984.28
15-B-1 0.00 0.00 5,243.55 0.00 1,226,743.99
15-B-2 0.00 0.00 2,013.59 0.00 471,085.07
15-B-3 0.00 0.00 1,409.51 0.00 329,759.55
15-B-4 0.00 0.00 805.43 0.00 188,434.03
15-B-5 0.00 0.00 406.83 0.00 95,178.41
15-B-6 0.00 0.00 806.45 0.00 188,672.46
30-B-1 4.46 0.00 28,441.54 0.00 5,683,131.01
30-B-2 2.04 0.00 13,031.99 0.00 2,604,026.07
30-B-3 0.93 0.00 5,929.04 0.00 1,184,727.94
30-B-4 1.21 0.00 7,702.30 0.00 1,539,057.60
30-B-5 0.74 0.00 4,735.30 0.00 946,198.75
30-B-6 0.84 0.00 5,337.40 0.00 1,066,507.61
SES 0.00 0.00 52,859.29 0.00 295,132,416.98
Totals 164.80 0.00 1,493,453.20 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-1 136,100,000.00 6.00000% 894.38163336 4.47190816 0.00000000 0.00000000
1-A-R 50.00 6.00000% 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 50.00 6.00000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 67,940,000.00 6.00000% 854.68687047 4.27343435 0.00000000 0.00000000
CB-IO 0.00 0.32889% 853.44150930 0.23390998 0.00000000 0.00000000
3-A-1 15,462,000.00 6.00000% 794.17326219 3.97086599 0.00000000 0.00000000
3-IO 0.00 0.48751% 816.28948223 0.33162633 0.00000000 0.00000000
4-A-1 48,839,000.00 4.75000% 920.47964393 3.64356518 0.00000000 0.00000000
4-A-2 693,000.00 4.75000% 920.47963925 3.64356421 0.00000000 0.00000000
5-A-1 44,880,000.00 5.50000% 859.33736586 3.93862968 0.00000000 0.00000000
5-A-2 631,000.00 5.50000% 859.33736926 3.93863708 0.00000000 0.00000000
15-IO 0.00 0.35040% 903.50557827 0.26382086 0.00000000 0.00000000
PO 7,017,645.00 0.00000% 929.01140910 0.00000000 0.00000000 0.00000000
15-B-1 1,276,000.00 5.10806% 965.38214734 4.10935737 0.00000000 0.00000000
15-B-2 490,000.00 5.10806% 965.38214286 4.10936735 0.00000000 0.00000000
15-B-3 343,000.00 5.10806% 965.38215743 4.10935860 0.00000000 0.00000000
15-B-4 196,000.00 5.10806% 965.38214286 4.10933673 0.00000000 0.00000000
15-B-5 99,000.00 5.10806% 965.38212121 4.10939394 0.00000000 0.00000000
15-B-6 196,248.00 5.10806% 965.38216950 4.10934124 0.00000000 0.00000000
30-B-1 5,742,000.00 6.00000% 990.80476315 4.95402299 0.00000000 0.00000000
30-B-2 2,631,000.00 6.00000% 990.80476245 4.95402509 0.00000000 0.00000000
30-B-3 1,197,000.00 6.00000% 990.80476190 4.95402673 0.00000000 0.00000000
30-B-4 1,555,000.00 6.00000% 990.80476527 4.95402572 0.00000000 0.00000000
30-B-5 956,000.00 6.00000% 990.80475941 4.95402720 0.00000000 0.00000000
30-B-6 1,077,555.00 6.00000% 990.80483131 4.95402091 0.00000000 0.00000000
SES 0.00 0.00000% 885.92632153 0.00000000 0.00000000 0.00000000
<FN>
(5) All deals 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 0.00070154 0.00000000 4.47120661 0.00000000 880.60340852
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 0.00067044 0.00000000 4.27276391 0.00000000 843.71542317
CB-IO 0.00003670 0.00000000 0.23387328 0.00000000 844.01171019
3-A-1 0.00062282 0.00000000 3.97024318 0.00000000 793.26601022
3-IO 0.00005225 0.00000000 0.33157561 0.00000000 815.34319488
4-A-1 (0.00000041) 0.00000000 3.64356559 0.00000000 907.95010893
4-A-2 0.00000000 0.00000000 3.64356421 0.00000000 907.95011544
5-A-1 (0.00000045) 0.00000000 3.93862990 0.00000000 852.07303498
5-A-2 0.00000000 0.00000000 3.93863708 0.00000000 852.07304279
15-IO 0.00000000 0.00000000 0.26382086 0.00000000 896.52655142
PO 0.00000000 0.00000000 0.00000000 0.00000000 914.83457485
15-B-1 0.00000000 0.00000000 4.10936520 0.00000000 961.39811129
15-B-2 0.00000000 0.00000000 4.10936735 0.00000000 961.39810204
15-B-3 0.00000000 0.00000000 4.10935860 0.00000000 961.39810496
15-B-4 0.00000000 0.00000000 4.10933673 0.00000000 961.39811224
15-B-5 0.00000000 0.00000000 4.10939394 0.00000000 961.39808081
15-B-6 0.00000000 0.00000000 4.10934124 0.00000000 961.39812890
30-B-1 0.00077673 0.00000000 4.95324626 0.00000000 989.74765064
30-B-2 0.00077537 0.00000000 4.95324591 0.00000000 989.74765108
30-B-3 0.00077694 0.00000000 4.95324979 0.00000000 989.74765246
30-B-4 0.00077814 0.00000000 4.95324759 0.00000000 989.74765273
30-B-5 0.00077406 0.00000000 4.95324268 0.00000000 989.74764644
30-B-6 0.00077954 0.00000000 4.95325065 0.00000000 989.74772517
SES 0.00000000 0.00000000 0.15670297 0.00000000 874.92903442
<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 0.31021% 60,871,213.36 60,047,629.65 0.00 0.00 86.08758925%
2-IO 0.37770% 23,309,335.19 23,202,795.80 0.00 0.00 80.32876221%
3-IO-1 0.48751% 5,311,835.65 5,305,677.88 0.00 0.00 7.60651204%
4-IO 0.41881% 36,149,202.97 35,920,935.74 0.00 0.00 91.43045655%
5-IO 0.27029% 30,872,322.81 30,582,889.83 0.00 0.00 87.65086888%
1-PO 0.00000% 0.00 0.00 3,763,356.38 3,722,995.44 92.14915558%
2-PO 0.00000% 0.00 0.00 1,966,799.71 1,935,643.86 90.87636522%
3-PO 0.00000% 0.00 0.00 374,571.45 374,148.62 92.27460768%
4-PO 0.00000% 0.00 0.00 401,860.78 374,375.18 87.91885285%
5-PO 0.00000% 0.00 0.00 12,883.95 12,821.17 79.17234778%
1-SES 0.00000% 133,567,567.25 131,643,199.22 0.00 0.00 88.77082719%
2-SES 0.00000% 64,076,738.49 63,295,987.09 0.00 0.00 85.36323157%
3-SES 0.00000% 13,570,254.44 13,554,879.72 0.00 0.00 80.72360411%
4-SES 0.00000% 47,306,861.60 46,653,209.99 0.00 0.00 90.91023439%
5-SES 0.00000% 40,320,617.12 39,985,140.96 0.00 0.00 85.49793567%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 5,217,394.65
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 5,217,394.65
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 14,319.54
Payment of Interest and Principal 5,203,075.11
Total Withdrawals (Pool Distribution Amount) 5,217,394.65
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 164.80
SERVICING FEES
<s> <c>
Gross Servicing Fee 12,451.75
Trustee Fee - Wells Fargo Bank, N.A. 1,867.79
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 14,319.54
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 3 0 0 3
303,029.19 0.00 0.00 303,029.19
30 Days 29 0 0 0 29
3,710,409.38 0.00 0.00 0.00 3,710,409.38
60 Days 1 0 0 0 1
127,919.66 0.00 0.00 0.00 127,919.66
90 Days 0 1 0 0 1
0.00 157,441.66 0.00 0.00 157,441.66
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 30 4 0 0 34
3,838,329.04 460,470.85 0.00 0.00 4,298,799.89
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 0.120579% 0.000000% 0.000000% 0.120579%
0.102505% 0.000000% 0.000000% 0.102505%
30 Days 1.165595% 0.000000% 0.000000% 0.000000% 1.165595%
1.255108% 0.000000% 0.000000% 0.000000% 1.255108%
60 Days 0.040193% 0.000000% 0.000000% 0.000000% 0.040193%
0.043271% 0.000000% 0.000000% 0.000000% 0.043271%
90 Days 0.000000% 0.040193% 0.000000% 0.000000% 0.040193%
0.000000% 0.053257% 0.000000% 0.000000% 0.053257%
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 1.205788% 0.160772% 0.000000% 0.000000% 1.366559%
1.298379% 0.155762% 0.000000% 0.000000% 1.454141%
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 11 0 0 0 11
1,315,914.36 0.00 0.00 0.00 1,315,914.36
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 11 0 0 0 11
1,315,914.36 0.00 0.00 0.00 1,315,914.36
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.973451% 0.000000% 0.000000% 0.000000% 0.973451%
0.998708% 0.000000% 0.000000% 0.000000% 0.998708%
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 0.973451% 0.000000% 0.000000% 0.000000% 0.973451%
0.998708% 0.000000% 0.000000% 0.000000% 0.998708%
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
96,974.27 0.00 0.00 96,974.27
30 Days 12 0 0 0 12
1,816,539.68 0.00 0.00 0.00 1,816,539.68
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 1 0 0 1
0.00 157,441.66 0.00 0.00 157,441.66
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 12 2 0 0 14
1,816,539.68 254,415.93 0.00 0.00 2,070,955.61
0-29 Days 0.232558% 0.000000% 0.000000% 0.232558%
0.153077% 0.000000% 0.000000% 0.153077%
30 Days 2.790698% 0.000000% 0.000000% 0.000000% 2.790698%
2.867471% 0.000000% 0.000000% 0.000000% 2.867471%
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% 0.232558% 0.000000% 0.000000% 0.232558%
0.000000% 0.248527% 0.000000% 0.000000% 0.248527%
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 2.790698% 0.465116% 0.000000% 0.000000% 3.255814%
2.867471% 0.401604% 0.000000% 0.000000% 3.269076%
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 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>
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 4 0 0 0 4
343,515.14 0.00 0.00 0.00 343,515.14
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 4 0 0 0 4
343,515.14 0.00 0.00 0.00 343,515.14
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.881057% 0.000000% 0.000000% 0.000000% 0.881057%
0.733721% 0.000000% 0.000000% 0.000000% 0.733721%
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 0.881057% 0.000000% 0.000000% 0.000000% 0.881057%
0.733721% 0.000000% 0.000000% 0.000000% 0.733721%
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
206,054.92 0.00 0.00 206,054.92
30 Days 2 0 0 0 2
234,440.20 0.00 0.00 0.00 234,440.20
60 Days 1 0 0 0 1
127,919.66 0.00 0.00 0.00 127,919.66
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 3 2 0 0 5
362,359.86 206,054.92 0.00 0.00 568,414.78
0-29 Days 0.451467% 0.000000% 0.000000% 0.451467%
0.513510% 0.000000% 0.000000% 0.513510%
30 Days 0.451467% 0.000000% 0.000000% 0.000000% 0.451467%
0.584250% 0.000000% 0.000000% 0.000000% 0.584250%
60 Days 0.225734% 0.000000% 0.000000% 0.000000% 0.225734%
0.318789% 0.000000% 0.000000% 0.000000% 0.318789%
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 0.677201% 0.451467% 0.000000% 0.000000% 1.128668%
0.903039% 0.513510% 0.000000% 0.000000% 1.416549%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 25,967.42
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 6.042866%
Weighted Average Pass-Through Rate 5.785367%
Weighted Average Maturity(Stepdown Calculation) 275
Beginning Scheduled Collateral Loan Count 2,516
Number Of Loans Paid In Full 28
Ending Scheduled Collateral Loan Count 2,488
Beginning Scheduled Collateral Balance 298,842,038.90
Ending Scheduled Collateral Balance 295,132,416.98
Ending Actual Collateral Balance at 30-Sep-2004 295,624,677.92
Monthly P &I Constant 2,093,278.73
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 4,851,261.93
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 295,132,416.98
Scheduled Principal 588,393.29
Unscheduled Principal 3,121,228.63
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 6.229819 6.210728 6.282715
Weighted Average Net Rate 5.979819 5.960728 6.032716
Weighted Average Maturity 343 348 349
Beginning Loan Count 1,145 435 31
Loans Paid In Full 15 5 0
Ending Loan Count 1,130 430 31
Beginning Scheduled Balance 133,567,567.25 64,076,738.49 13,570,254.44
Ending scheduled Balance 131,643,199.22 63,295,987.09 13,554,879.72
Record Date 09/30/2004 09/30/2004 09/30/2004
Principal And Interest Constant 839,361.78 398,322.90 84,763.76
Scheduled Principal 145,943.63 66,686.90 13,715.39
Unscheduled Principal 1,778,424.40 714,064.50 1,659.33
Scheduled Interest 693,418.15 331,636.00 71,048.37
Servicing Fees 27,826.56 13,349.31 2,827.13
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 834.81 400.50 84.80
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 664,756.78 317,886.19 68,136.44
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 5.972319 5.953228 6.025215
Group Level Collateral Statement
Group 4 - 15 Year Fixed 5 - 15 Year Fixed Total
Collateral Description Mixed Fixed Mixed Fixed Fixed
Weighted Average Coupon Rate 5.287182 5.962694 6.042866
Weighted Average Net Rate 5.037182 5.712694 5.792867
Weighted Average Maturity 166 166 275
Beginning Loan Count 459 446 2,516
Loans Paid In Full 5 3 28
Ending Loan Count 454 443 2,488
Beginning Scheduled Balance 47,306,861.60 40,320,617.12 298,842,038.90
Ending scheduled Balance 46,653,209.99 39,985,140.96 295,132,416.98
Record Date 09/30/2004 09/30/2004 09/30/2004
Principal And Interest Constant 408,766.65 362,063.64 2,093,278.73
Scheduled Principal 200,333.33 161,714.04 588,393.29
Unscheduled Principal 453,318.28 173,762.12 3,121,228.63
Scheduled Interest 208,433.32 200,349.60 1,504,885.44
Servicing Fees 9,855.60 8,400.14 62,258.74
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 295.67 252.01 1,867.79
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 198,282.05 191,697.45 1,440,758.91
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 5.029682 5.705194 5.785367
Miscellaneous Reporting
Group 1 - 30 Year Fixed
CPR 14.873166%
Senior % 93.776111%
Senior Prepayment % 100.000000%
Subordinate % 6.223889%
Subordinate Prepayment % 0.000000%
Group 2 - 30 Year Fixed
CPR 12.595056%
Senior % 93.491361%
Senior Prepayment % 100.000000%
Subordinate % 6.508639%
Subordinate Prepayment % 0.000000%
Group 3 - 30 Year Fixed
CPR 0.146782%
Senior % 93.057004%
Senior Prepayment % 100.000000%
Subordinate % 6.942996%
Subordinate Prepayment % 0.000000%
Miscellaneous Reporting
Group 4 - 15 Year Fixed
CPR 10.955891%
Senior % 97.203278%
Senior Prepayment % 100.000000%
Subordinate % 2.796722%
Subordinate Prepayment % 0.000000%
Group 5 - 15 Year Fixed
CPR 5.070438%
Senior % 97.026798%
Senior Prepayment % 100.000000%
Subordinate % 2.973202%
Subordinate Prepayment % 0.000000%
Group