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 MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2004-1 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-22 54-2142312
Pooling and Servicing Agreement) (Commission 54-2142313
(State or other File Number) 54-2142314
jurisdiction IRS EIN
of Incorporation)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
On October 25, 2004 a distribution was made to holders of BANC OF AMERICA
MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2004-1
Trust.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Mortgage Pass-Through Certificates,
Series 2004-1 Trust, relating to the
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 MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2004-1 Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Assistant Vice President
By: Beth Belfield as Assistant Vice President
Date: 10/25/2004
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2004-1 Trust,
relating to the October 25, 2004 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 9/30/2004
Distribution Date: 10/25/2004
BAM Series: 2004-1
Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 815-6600
Fax: (301) 815-6660
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<s> <c> <c> <c> <c> <c> <c>
1-A1 05948XU82 SEN 5.50000% 1,668,355.06 7,646.63 156,864.97
1-A2 05948XU90 SEN 5.50000% 4,431,000.00 20,308.75 0.00
1-A3 05948XV24 SEN 5.50000% 7,929,000.00 36,341.25 0.00
1-A4 05948XV32 SEN 5.50000% 12,023,000.00 55,105.42 0.00
1-A5 05948XV40 SEN 5.50000% 2,426,992.45 11,123.72 228,194.89
1-A6 05948XV57 SEN 5.50000% 3,000,000.00 13,750.00 0.00
1-A7 05948XV65 SEN 5.50000% 5,000,000.00 22,916.67 0.00
1-A8 05948XV73 SEN 3.25000% 505,623.43 1,369.40 47,540.60
1-A9 05948XV81 SEN 7.75000% 505,623.43 3,265.48 47,540.60
1-A10 05948XV99 SEN 3.25000% 4,095,195.82 11,091.16 385,045.60
1-A11 05948XW23 SEN 11.13095% 1,379,664.91 12,797.49 129,721.25
1-A12 05948XW31 SEN 8.50000% 481,787.73 3,412.66 45,299.48
1-A13 05948XW49 SEN 4.00000% 24,033,678.78 80,112.27 175,351.08
1-A14 05948XW56 SEN 4.00000% 32,958,378.65 109,861.27 619,262.88
1-A15 05948XW64 SEN 4.62500% 51,918,000.00 200,100.63 0.00
1-A16 05948XW72 SEN 5.50000% 0.00 113,520.08 0.00
1-A17 05948XW80 SEN 5.25000% 21,231,000.00 92,885.63 0.00
1-A18 05948XW98 SEN 5.50000% 22,864,000.00 104,793.34 0.00
1-A19 05948XX22 SEN 5.50000% 8,594,000.00 39,389.17 0.00
1-A20 05948XX30 SEN 5.50000% 1,500,000.00 6,875.00 0.00
1-AR 05948XX48 SEN 5.50000% 0.00 0.00 0.00
1-AMR 05948XX63 SEN 5.50000% 0.00 0.00 0.00
1-ALR 05948XX55 SEN 5.50000% 0.00 0.00 0.00
2-A1 05948XX71 SEN 5.50000% 78,421,894.90 359,433.71 816,365.59
2-A2 05948XX89 SEN 5.50000% 2,259,678.47 10,356.86 23,523.07
3-A1 05948XX97 SEN 5.00000% 64,593,929.75 269,141.40 1,186,257.68
4-A1 05948XY21 SEN 5.00000% 24,695,307.99 102,897.12 154,771.19
4-A2 05948XY39 SEN 5.00000% 712,045.28 2,966.86 4,462.55
5-A1 05948XY47 SEN 6.50000% 130,592,252.08 707,375.61 5,163,730.53
5-AIO 05948XY54 IO 0.50172% 0.00 49,332.76 0.00
PO 05948XY62 SEN 0.00000% 1,485,108.93 0.00 14,229.84
30-IO 05948XY88 IO 0.29171% 0.00 54,083.00 0.00
15-IO 05948XY70 IO 0.25603% 0.00 10,336.19 0.00
1-B1 05948XY96 SUB 5.50000% 4,175,304.03 19,136.81 4,473.30
1-B2 05948XZ20 SUB 5.50000% 1,565,986.95 7,177.44 1,677.75
1-B3 05948XZ38 SUB 5.50000% 782,497.60 3,586.45 838.35
1-B4 05948X2E0 SUB 5.50000% 521,665.06 2,390.96 558.90
1-B5 05948X2F7 SUB 5.50000% 391,744.68 1,795.50 419.70
1-B6 05948X2G5 SUB 5.50000% 391,844.84 1,795.96 419.81
X-B1 05948XZ46 SUB 5.37522% 1,608,514.19 7,205.10 2,890.34
X-B2 05948XZ53 SUB 5.37522% 583,838.38 2,615.22 1,049.10
X-B3 05948XZ61 SUB 5.37522% 438,865.00 1,965.83 788.60
X-B4 05948X2H3 SUB 5.37522% 218,939.39 980.71 393.41
X-B5 05948X2J9 SUB 5.37522% 219,925.61 985.12 395.18
X-B6 05948X2K6 SUB 5.37522% 146,389.58 655.73 263.05
3-B1 05948XZ79 SUB 5.00000% 543,972.43 2,266.55 2,206.89
3-B2 05948XZ87 SUB 5.00000% 166,779.43 694.91 676.62
3-B3 05948XZ95 SUB 5.00000% 126,054.22 525.23 511.40
3-B4 05948X2L4 SUB 5.00000% 125,084.57 521.19 507.47
3-B5 05948X2M2 SUB 5.00000% 41,694.86 173.73 169.16
3-B6 05948X2N0 SUB 5.00000% 84,394.27 351.64 342.39
5-B1 05948X2A8 SUB 6.50000% 3,824,148.19 20,714.16 7,767.07
5-B2 05948X2B6 SUB 6.50000% 547,151.91 2,963.74 1,111.30
5-B3 05948X2C4 SUB 6.50000% 409,131.61 2,216.13 830.97
5-B4 05948X2P5 SUB 6.50000% 273,083.02 1,479.20 554.65
5-B5 05948X2Q3 SUB 6.50000% 273,083.02 1,479.20 554.65
5-B6 05948X2R1 SUB 6.50000% 137,376.98 744.13 279.02
SES 05948X2D2 SEN 0.00000% 0.00 94,683.17 0.00
Totals 526,902,987.48 2,691,693.34 9,227,840.88
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-A1 0.00 1,511,490.09 164,511.60 0.00
1-A2 0.00 4,431,000.00 20,308.75 0.00
1-A3 0.00 7,929,000.00 36,341.25 0.00
1-A4 0.00 12,023,000.00 55,105.42 0.00
1-A5 0.00 2,198,797.56 239,318.61 0.00
1-A6 0.00 3,000,000.00 13,750.00 0.00
1-A7 0.00 5,000,000.00 22,916.67 0.00
1-A8 0.00 458,082.82 48,910.00 0.00
1-A9 0.00 458,082.82 50,806.08 0.00
1-A10 0.00 3,710,150.22 396,136.76 0.00
1-A11 0.00 1,249,943.67 142,518.74 0.00
1-A12 0.00 436,488.25 48,712.14 0.00
1-A13 0.00 23,858,327.70 255,463.35 0.00
1-A14 0.00 32,339,115.77 729,124.15 0.00
1-A15 0.00 51,918,000.00 200,100.63 0.00
1-A16 0.00 0.00 113,520.08 0.00
1-A17 0.00 21,231,000.00 92,885.63 0.00
1-A18 0.00 22,864,000.00 104,793.34 0.00
1-A19 0.00 8,594,000.00 39,389.17 0.00
1-A20 0.00 1,500,000.00 6,875.00 0.00
1-AR 0.00 0.00 0.00 0.00
1-AMR 0.00 0.00 0.00 0.00
1-ALR 0.00 0.00 0.00 0.00
2-A1 0.00 77,605,529.30 1,175,799.30 0.00
2-A2 0.00 2,236,155.40 33,879.93 0.00
3-A1 0.00 63,407,672.07 1,455,399.08 0.00
4-A1 0.00 24,540,536.80 257,668.31 0.00
4-A2 0.00 707,582.73 7,429.41 0.00
5-A1 0.00 125,428,521.55 5,871,106.14 0.00
5-AIO 0.00 0.00 49,332.76 0.00
PO 0.00 1,470,879.09 14,229.84 0.00
30-IO 0.00 0.00 54,083.00 0.00
15-IO 0.00 0.00 10,336.19 0.00
1-B1 0.00 4,170,830.72 23,610.11 0.00
1-B2 0.00 1,564,309.20 8,855.19 0.00
1-B3 0.00 781,659.25 4,424.80 0.00
1-B4 0.00 521,106.17 2,949.86 0.00
1-B5 0.00 391,324.97 2,215.20 0.00
1-B6 0.00 391,425.03 2,215.77 0.00
X-B1 0.00 1,605,623.85 10,095.44 0.00
X-B2 0.00 582,789.28 3,664.32 0.00
X-B3 0.00 438,076.40 2,754.43 0.00
X-B4 0.00 218,545.98 1,374.12 0.00
X-B5 0.00 219,530.42 1,380.30 0.00
X-B6 0.00 146,126.54 918.78 0.00
3-B1 0.00 541,765.55 4,473.44 0.00
3-B2 0.00 166,102.81 1,371.53 0.00
3-B3 0.00 125,542.82 1,036.63 0.00
3-B4 0.00 124,577.10 1,028.66 0.00
3-B5 0.00 41,525.70 342.89 0.00
3-B6 0.00 84,051.88 694.03 0.00
5-B1 0.00 3,816,381.12 28,481.23 0.00
5-B2 0.00 546,040.61 4,075.04 0.00
5-B3 0.00 408,300.64 3,047.10 0.00
5-B4 0.00 272,528.38 2,033.85 0.00
5-B5 0.00 272,528.38 2,033.85 0.00
5-B6 0.00 137,097.96 1,023.15 0.00
SES 0.00 0.00 94,683.17 0.00
Totals 0.00 517,675,146.60 11,919,534.22 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<s> <c> <c> <c> <c> <c> <c>
1-A1 8,249,000.00 1,668,355.06 18,918.54 137,946.43 0.00 0.00
1-A2 4,431,000.00 4,431,000.00 0.00 0.00 0.00 0.00
1-A3 7,929,000.00 7,929,000.00 0.00 0.00 0.00 0.00
1-A4 12,023,000.00 12,023,000.00 0.00 0.00 0.00 0.00
1-A5 12,000,000.00 2,426,992.45 27,521.21 200,673.68 0.00 0.00
1-A6 3,000,000.00 3,000,000.00 0.00 0.00 0.00 0.00
1-A7 5,000,000.00 5,000,000.00 0.00 0.00 0.00 0.00
1-A8 2,500,000.00 505,623.43 5,733.59 41,807.02 0.00 0.00
1-A9 2,500,000.00 505,623.43 5,733.59 41,807.02 0.00 0.00
1-A10 20,248,250.00 4,095,195.82 46,438.03 338,607.57 0.00 0.00
1-A11 6,821,603.00 1,379,664.91 15,644.90 114,076.35 0.00 0.00
1-A12 2,382,147.00 481,787.73 5,463.30 39,836.18 0.00 0.00
1-A13 25,000,000.00 24,033,678.78 21,148.04 154,203.04 0.00 0.00
1-A14 36,371,000.00 32,958,378.65 74,685.57 544,577.31 0.00 0.00
1-A15 51,918,000.00 51,918,000.00 0.00 0.00 0.00 0.00
1-A16 0.00 0.00 0.00 0.00 0.00 0.00
1-A17 21,231,000.00 21,231,000.00 0.00 0.00 0.00 0.00
1-A18 22,864,000.00 22,864,000.00 0.00 0.00 0.00 0.00
1-A19 8,594,000.00 8,594,000.00 0.00 0.00 0.00 0.00
1-A20 1,500,000.00 1,500,000.00 0.00 0.00 0.00 0.00
1-AR 50.00 0.00 0.00 0.00 0.00 0.00
1-AMR 25.00 0.00 0.00 0.00 0.00 0.00
1-ALR 25.00 0.00 0.00 0.00 0.00 0.00
2-A1 105,017,000.00 78,421,894.90 84,029.48 732,336.12 0.00 0.00
2-A2 3,026,000.00 2,259,678.47 2,421.26 21,101.81 0.00 0.00
3-A1 84,959,000.00 64,593,929.75 262,056.33 924,201.35 0.00 0.00
4-A1 35,688,000.00 24,695,307.99 98,243.76 56,527.43 0.00 0.00
4-A2 1,029,000.00 712,045.28 2,832.68 1,629.87 0.00 0.00
5-A1 270,877,000.00 130,592,252.08 265,240.49 4,898,490.03 0.00 0.00
5-AIO 0.00 0.00 0.00 0.00 0.00 0.00
PO 1,684,723.00 1,485,108.93 3,133.11 11,096.73 0.00 0.00
30-IO 0.00 0.00 0.00 0.00 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
1-B1 4,210,000.00 4,175,304.03 4,473.30 0.00 0.00 0.00
1-B2 1,579,000.00 1,565,986.95 1,677.75 0.00 0.00 0.00
1-B3 789,000.00 782,497.60 838.35 0.00 0.00 0.00
1-B4 526,000.00 521,665.06 558.90 0.00 0.00 0.00
1-B5 395,000.00 391,744.68 419.70 0.00 0.00 0.00
1-B6 395,101.00 391,844.84 419.81 0.00 0.00 0.00
X-B1 1,631,000.00 1,608,514.19 2,890.34 0.00 0.00 0.00
X-B2 592,000.00 583,838.38 1,049.10 0.00 0.00 0.00
X-B3 445,000.00 438,865.00 788.60 0.00 0.00 0.00
X-B4 222,000.00 218,939.39 393.41 0.00 0.00 0.00
X-B5 223,000.00 219,925.61 395.18 0.00 0.00 0.00
X-B6 148,436.00 146,389.58 263.05 0.00 0.00 0.00
3-B1 561,000.00 543,972.43 2,206.89 0.00 0.00 0.00
3-B2 172,000.00 166,779.43 676.62 0.00 0.00 0.00
3-B3 130,000.00 126,054.22 511.40 0.00 0.00 0.00
3-B4 129,000.00 125,084.57 507.47 0.00 0.00 0.00
3-B5 43,000.00 41,694.86 169.16 0.00 0.00 0.00
3-B6 87,036.00 84,394.27 342.39 0.00 0.00 0.00
5-B1 3,879,000.00 3,824,148.19 7,767.07 0.00 0.00 0.00
5-B2 555,000.00 547,151.91 1,111.30 0.00 0.00 0.00
5-B3 415,000.00 409,131.61 830.97 0.00 0.00 0.00
5-B4 277,000.00 273,083.02 554.65 0.00 0.00 0.00
5-B5 277,000.00 273,083.02 554.65 0.00 0.00 0.00
5-B6 139,347.45 137,376.98 279.02 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 774,662,743.45 526,902,987.48 968,922.96 8,258,917.94 0.00 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
1-A1 156,864.97 1,511,490.09 0.18323313 156,864.97
1-A2 0.00 4,431,000.00 1.00000000 0.00
1-A3 0.00 7,929,000.00 1.00000000 0.00
1-A4 0.00 12,023,000.00 1.00000000 0.00
1-A5 228,194.89 2,198,797.56 0.18323313 228,194.89
1-A6 0.00 3,000,000.00 1.00000000 0.00
1-A7 0.00 5,000,000.00 1.00000000 0.00
1-A8 47,540.60 458,082.82 0.18323313 47,540.60
1-A9 47,540.60 458,082.82 0.18323313 47,540.60
1-A10 385,045.60 3,710,150.22 0.18323313 385,045.60
1-A11 129,721.25 1,249,943.67 0.18323313 129,721.25
1-A12 45,299.48 436,488.25 0.18323313 45,299.48
1-A13 175,351.08 23,858,327.70 0.95433311 175,351.08
1-A14 619,262.88 32,339,115.77 0.88914563 619,262.88
1-A15 0.00 51,918,000.00 1.00000000 0.00
1-A16 0.00 0.00 0.00000000 0.00
1-A17 0.00 21,231,000.00 1.00000000 0.00
1-A18 0.00 22,864,000.00 1.00000000 0.00
1-A19 0.00 8,594,000.00 1.00000000 0.00
1-A20 0.00 1,500,000.00 1.00000000 0.00
1-AR 0.00 0.00 0.00000000 0.00
1-AMR 0.00 0.00 0.00000000 0.00
1-ALR 0.00 0.00 0.00000000 0.00
2-A1 816,365.59 77,605,529.30 0.73898063 816,365.59
2-A2 23,523.07 2,236,155.40 0.73898063 23,523.07
3-A1 1,186,257.68 63,407,672.07 0.74633261 1,186,257.68
4-A1 154,771.19 24,540,536.80 0.68764113 154,771.19
4-A2 4,462.55 707,582.73 0.68764114 4,462.55
5-A1 5,163,730.53 125,428,521.55 0.46304604 5,163,730.53
5-AIO 0.00 0.00 0.00000000 0.00
PO 14,229.84 1,470,879.09 0.87306880 14,229.84
30-IO 0.00 0.00 0.00000000 0.00
15-IO 0.00 0.00 0.00000000 0.00
1-B1 4,473.30 4,170,830.72 0.99069613 4,473.30
1-B2 1,677.75 1,564,309.20 0.99069614 1,677.75
1-B3 838.35 781,659.25 0.99069613 838.35
1-B4 558.90 521,106.17 0.99069614 558.90
1-B5 419.70 391,324.97 0.99069613 419.70
1-B6 419.81 391,425.03 0.99069613 419.81
X-B1 2,890.34 1,605,623.85 0.98444135 2,890.34
X-B2 1,049.10 582,789.28 0.98444135 1,049.10
X-B3 788.60 438,076.40 0.98444135 788.60
X-B4 393.41 218,545.98 0.98444135 393.41
X-B5 395.18 219,530.42 0.98444135 395.18
X-B6 263.05 146,126.54 0.98444138 263.05
3-B1 2,206.89 541,765.55 0.96571399 2,206.89
3-B2 676.62 166,102.81 0.96571401 676.62
3-B3 511.40 125,542.82 0.96571400 511.40
3-B4 507.47 124,577.10 0.96571395 507.47
3-B5 169.16 41,525.70 0.96571395 169.16
3-B6 342.39 84,051.88 0.96571396 342.39
5-B1 7,767.07 3,816,381.12 0.98385695 7,767.07
5-B2 1,111.30 546,040.61 0.98385695 1,111.30
5-B3 830.97 408,300.64 0.98385696 830.97
5-B4 554.65 272,528.38 0.98385697 554.65
5-B5 554.65 272,528.38 0.98385697 554.65
5-B6 279.02 137,097.96 0.98385697 279.02
SES 0.00 0.00 0.00000000 0.00
Totals 9,227,840.88 517,675,146.60 0.66825874 9,227,840.88
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<s> <c> <c> <c> <c> <c>
1-A1 8,249,000.00 202.24937083 2.29343436 16.72280640 0.00000000
1-A2 4,431,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A3 7,929,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A4 12,023,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A5 12,000,000.00 202.24937083 2.29343417 16.72280667 0.00000000
1-A6 3,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A7 5,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A8 2,500,000.00 202.24937200 2.29343600 16.72280800 0.00000000
1-A9 2,500,000.00 202.24937200 2.29343600 16.72280800 0.00000000
1-A10 20,248,250.00 202.24937069 2.29343425 16.72280666 0.00000000
1-A11 6,821,603.00 202.24937013 2.29343455 16.72280694 0.00000000
1-A12 2,382,147.00 202.24937000 2.29343529 16.72280510 0.00000000
1-A13 25,000,000.00 961.34715120 0.84592160 6.16812160 0.00000000
1-A14 36,371,000.00 906.17191306 2.05343735 14.97284402 0.00000000
1-A15 51,918,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A16 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A17 21,231,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A18 22,864,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A19 8,594,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A20 1,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-AR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
1-AMR 25.00 0.00000000 0.00000000 0.00000000 0.00000000
1-ALR 25.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A1 105,017,000.00 746.75428645 0.80015121 6.97350067 0.00000000
2-A2 3,026,000.00 746.75428619 0.80015202 6.97349967 0.00000000
3-A1 84,959,000.00 760.29531598 3.08450347 10.87820419 0.00000000
4-A1 35,688,000.00 691.97791947 2.75285138 1.58393382 0.00000000
4-A2 1,029,000.00 691.97792031 2.75284742 1.58393586 0.00000000
5-A1 270,877,000.00 482.10904610 0.97919163 18.08381675 0.00000000
5-AIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 1,684,723.00 881.51519864 1.85971819 6.58667923 0.00000000
30-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-B1 4,210,000.00 991.75867696 1.06254157 0.00000000 0.00000000
1-B2 1,579,000.00 991.75867638 1.06253958 0.00000000 0.00000000
1-B3 789,000.00 991.75868188 1.06254753 0.00000000 0.00000000
1-B4 526,000.00 991.75866920 1.06254753 0.00000000 0.00000000
1-B5 395,000.00 991.75868354 1.06253165 0.00000000 0.00000000
1-B6 395,101.00 991.75866424 1.06253844 0.00000000 0.00000000
X-B1 1,631,000.00 986.21348253 1.77212753 0.00000000 0.00000000
X-B2 592,000.00 986.21347973 1.77212838 0.00000000 0.00000000
X-B3 445,000.00 986.21348315 1.77213483 0.00000000 0.00000000
X-B4 222,000.00 986.21346847 1.77211712 0.00000000 0.00000000
X-B5 223,000.00 986.21349776 1.77210762 0.00000000 0.00000000
X-B6 148,436.00 986.21345226 1.77214422 0.00000000 0.00000000
3-B1 561,000.00 969.64782531 3.93385027 0.00000000 0.00000000
3-B2 172,000.00 969.64784884 3.93383721 0.00000000 0.00000000
3-B3 130,000.00 969.64784615 3.93384615 0.00000000 0.00000000
3-B4 129,000.00 969.64782946 3.93387597 0.00000000 0.00000000
3-B5 43,000.00 969.64790698 3.93395349 0.00000000 0.00000000
3-B6 87,036.00 969.64784687 3.93388943 0.00000000 0.00000000
5-B1 3,879,000.00 985.85929105 2.00233823 0.00000000 0.00000000
5-B2 555,000.00 985.85929730 2.00234234 0.00000000 0.00000000
5-B3 415,000.00 985.85930120 2.00233735 0.00000000 0.00000000
5-B4 277,000.00 985.85927798 2.00234657 0.00000000 0.00000000
5-B5 277,000.00 985.85927798 2.00234657 0.00000000 0.00000000
5-B6 139,347.45 985.85930349 2.00233302 0.00000000 0.00000000
SES 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All Classes are per $1,000 denomination.
</FN>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
1-A1 0.00000000 19.01624076 183.23313008 0.18323313 19.01624076
1-A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A5 0.00000000 19.01624083 183.23313000 0.18323313 19.01624083
1-A6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A8 0.00000000 19.01624000 183.23312800 0.18323313 19.01624000
1-A9 0.00000000 19.01624000 183.23312800 0.18323313 19.01624000
1-A10 0.00000000 19.01624091 183.23312978 0.18323313 19.01624091
1-A11 0.00000000 19.01624149 183.23313010 0.18323313 19.01624149
1-A12 0.00000000 19.01624039 183.23312961 0.18323313 19.01624039
1-A13 0.00000000 7.01404320 954.33310800 0.95433311 7.01404320
1-A14 0.00000000 17.02628138 889.14563168 0.88914563 17.02628138
1-A15 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A16 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A17 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A18 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A19 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A20 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-AMR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A1 0.00000000 7.77365179 738.98063456 0.73898063 7.77365179
2-A2 0.00000000 7.77365169 738.98063450 0.73898063 7.77365169
3-A1 0.00000000 13.96270766 746.33260832 0.74633261 13.96270766
4-A1 0.00000000 4.33678519 687.64113427 0.68764113 4.33678519
4-A2 0.00000000 4.33678328 687.64113703 0.68764114 4.33678328
5-A1 0.00000000 19.06300841 463.04603769 0.46304604 19.06300841
5-AIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 8.44639742 873.06880122 0.87306880 8.44639742
30-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-B1 0.00000000 1.06254157 990.69613302 0.99069613 1.06254157
1-B2 0.00000000 1.06253958 990.69613680 0.99069614 1.06253958
1-B3 0.00000000 1.06254753 990.69613435 0.99069613 1.06254753
1-B4 0.00000000 1.06254753 990.69614068 0.99069614 1.06254753
1-B5 0.00000000 1.06253165 990.69612658 0.99069613 1.06253165
1-B6 0.00000000 1.06253844 990.69612580 0.99069613 1.06253844
X-B1 0.00000000 1.77212753 984.44135500 0.98444135 1.77212753
X-B2 0.00000000 1.77212838 984.44135135 0.98444135 1.77212838
X-B3 0.00000000 1.77213483 984.44134831 0.98444135 1.77213483
X-B4 0.00000000 1.77211712 984.44135135 0.98444135 1.77211712
X-B5 0.00000000 1.77210762 984.44134529 0.98444135 1.77210762
X-B6 0.00000000 1.77214422 984.44137541 0.98444138 1.77214422
3-B1 0.00000000 3.93385027 965.71399287 0.96571399 3.93385027
3-B2 0.00000000 3.93383721 965.71401163 0.96571401 3.93383721
3-B3 0.00000000 3.93384615 965.71400000 0.96571400 3.93384615
3-B4 0.00000000 3.93387597 965.71395349 0.96571395 3.93387597
3-B5 0.00000000 3.93395349 965.71395349 0.96571395 3.93395349
3-B6 0.00000000 3.93388943 965.71395744 0.96571396 3.93388943
5-B1 0.00000000 2.00233823 983.85695282 0.98385695 2.00233823
5-B2 0.00000000 2.00234234 983.85695495 0.98385695 2.00234234
5-B3 0.00000000 2.00233735 983.85696386 0.98385696 2.00233735
5-B4 0.00000000 2.00234657 983.85696751 0.98385697 2.00234657
5-B5 0.00000000 2.00234657 983.85696751 0.98385697 2.00234657
5-B6 0.00000000 2.00233302 983.85697047 0.98385697 2.00233302
SES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
1-A1 8,249,000.00 5.50000% 1,668,355.06 7,646.63 0.00 0.00
1-A2 4,431,000.00 5.50000% 4,431,000.00 20,308.75 0.00 0.00
1-A3 7,929,000.00 5.50000% 7,929,000.00 36,341.25 0.00 0.00
1-A4 12,023,000.00 5.50000% 12,023,000.00 55,105.42 0.00 0.00
1-A5 12,000,000.00 5.50000% 2,426,992.45 11,123.72 0.00 0.00
1-A6 3,000,000.00 5.50000% 3,000,000.00 13,750.00 0.00 0.00
1-A7 5,000,000.00 5.50000% 5,000,000.00 22,916.67 0.00 0.00
1-A8 2,500,000.00 3.25000% 505,623.43 1,369.40 0.00 0.00
1-A9 2,500,000.00 7.75000% 505,623.43 3,265.48 0.00 0.00
1-A10 20,248,250.00 3.25000% 4,095,195.82 11,091.16 0.00 0.00
1-A11 6,821,603.00 11.13095% 1,379,664.91 12,797.49 0.00 0.00
1-A12 2,382,147.00 8.50000% 481,787.73 3,412.66 0.00 0.00
1-A13 25,000,000.00 4.00000% 24,033,678.78 80,112.26 0.00 0.00
1-A14 36,371,000.00 4.00000% 32,958,378.65 109,861.26 0.00 0.00
1-A15 51,918,000.00 4.62500% 51,918,000.00 200,100.63 0.00 0.00
1-A16 0.00 5.50000% 24,768,015.66 113,520.07 0.00 0.00
1-A17 21,231,000.00 5.25000% 21,231,000.00 92,885.63 0.00 0.00
1-A18 22,864,000.00 5.50000% 22,864,000.00 104,793.33 0.00 0.00
1-A19 8,594,000.00 5.50000% 8,594,000.00 39,389.17 0.00 0.00
1-A20 1,500,000.00 5.50000% 1,500,000.00 6,875.00 0.00 0.00
1-AR 50.00 5.50000% 0.00 0.00 0.00 0.00
1-AMR 25.00 5.50000% 0.00 0.00 0.00 0.00
1-ALR 25.00 5.50000% 0.00 0.00 0.00 0.00
2-A1 105,017,000.00 5.50000% 78,421,894.90 359,433.68 0.00 0.00
2-A2 3,026,000.00 5.50000% 2,259,678.47 10,356.86 0.00 0.00
3-A1 84,959,000.00 5.00000% 64,593,929.75 269,141.37 0.00 0.00
4-A1 35,688,000.00 5.00000% 24,695,307.99 102,897.12 0.00 0.00
4-A2 1,029,000.00 5.00000% 712,045.28 2,966.86 0.00 0.00
5-A1 270,877,000.00 6.50000% 130,592,252.08 707,374.70 0.00 0.00
5-AIO 0.00 0.50172% 117,993,846.12 49,332.69 0.00 0.00
PO 1,684,723.00 0.00000% 1,485,108.93 0.00 0.00 0.00
30-IO 0.00 0.29171% 222,477,049.17 54,082.99 0.00 0.00
15-IO 0.00 0.25603% 48,445,566.84 10,336.19 0.00 0.00
1-B1 4,210,000.00 5.50000% 4,175,304.03 19,136.81 0.00 0.00
1-B2 1,579,000.00 5.50000% 1,565,986.95 7,177.44 0.00 0.00
1-B3 789,000.00 5.50000% 782,497.60 3,586.45 0.00 0.00
1-B4 526,000.00 5.50000% 521,665.06 2,390.96 0.00 0.00
1-B5 395,000.00 5.50000% 391,744.68 1,795.50 0.00 0.00
1-B6 395,101.00 5.50000% 391,844.84 1,795.96 0.00 0.00
X-B1 1,631,000.00 5.37522% 1,608,514.19 7,205.10 0.00 0.00
X-B2 592,000.00 5.37522% 583,838.38 2,615.22 0.00 0.00
X-B3 445,000.00 5.37522% 438,865.00 1,965.83 0.00 0.00
X-B4 222,000.00 5.37522% 218,939.39 980.71 0.00 0.00
X-B5 223,000.00 5.37522% 219,925.61 985.12 0.00 0.00
X-B6 148,436.00 5.37522% 146,389.58 655.73 0.00 0.00
3-B1 561,000.00 5.00000% 543,972.43 2,266.55 0.00 0.00
3-B2 172,000.00 5.00000% 166,779.43 694.91 0.00 0.00
3-B3 130,000.00 5.00000% 126,054.22 525.23 0.00 0.00
3-B4 129,000.00 5.00000% 125,084.57 521.19 0.00 0.00
3-B5 43,000.00 5.00000% 41,694.86 173.73 0.00 0.00
3-B6 87,036.00 5.00000% 84,394.27 351.64 0.00 0.00
5-B1 3,879,000.00 6.50000% 3,824,148.19 20,714.14 0.00 0.00
5-B2 555,000.00 6.50000% 547,151.91 2,963.74 0.00 0.00
5-B3 415,000.00 6.50000% 409,131.61 2,216.13 0.00 0.00
5-B4 277,000.00 6.50000% 273,083.02 1,479.20 0.00 0.00
5-B5 277,000.00 6.50000% 273,083.02 1,479.20 0.00 0.00
5-B6 139,347.45 6.50000% 137,376.98 744.13 0.00 0.00
SES 0.00 0.00000% 526,902,988.86 0.00 0.00 0.00
Totals 774,662,743.45 2,597,009.06 0.00 0.00
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
1-A1 0.00 0.00 7,646.63 0.00 1,511,490.09
1-A2 0.00 0.00 20,308.75 0.00 4,431,000.00
1-A3 0.00 0.00 36,341.25 0.00 7,929,000.00
1-A4 0.00 0.00 55,105.42 0.00 12,023,000.00
1-A5 0.00 0.00 11,123.72 0.00 2,198,797.56
1-A6 0.00 0.00 13,750.00 0.00 3,000,000.00
1-A7 0.00 0.00 22,916.67 0.00 5,000,000.00
1-A8 0.00 0.00 1,369.40 0.00 458,082.82
1-A9 0.00 0.00 3,265.48 0.00 458,082.82
1-A10 0.00 0.00 11,091.16 0.00 3,710,150.22
1-A11 0.00 0.00 12,797.49 0.00 1,249,943.67
1-A12 0.00 0.00 3,412.66 0.00 436,488.25
1-A13 0.00 0.00 80,112.27 0.00 23,858,327.70
1-A14 0.00 0.00 109,861.27 0.00 32,339,115.77
1-A15 (0.01) 0.00 200,100.63 0.00 51,918,000.00
1-A16 0.00 0.00 113,520.08 0.00 24,551,302.76
1-A17 0.00 0.00 92,885.63 0.00 21,231,000.00
1-A18 0.00 0.00 104,793.34 0.00 22,864,000.00
1-A19 0.00 0.00 39,389.17 0.00 8,594,000.00
1-A20 0.00 0.00 6,875.00 0.00 1,500,000.00
1-AR 0.00 0.00 0.00 0.00 0.00
1-AMR 0.00 0.00 0.00 0.00 0.00
1-ALR 0.00 0.00 0.00 0.00 0.00
2-A1 (0.03) 0.00 359,433.71 0.00 77,605,529.30
2-A2 0.00 0.00 10,356.86 0.00 2,236,155.40
3-A1 (0.02) 0.00 269,141.40 0.00 63,407,672.07
4-A1 (0.01) 0.00 102,897.12 0.00 24,540,536.80
4-A2 0.00 0.00 2,966.86 0.00 707,582.73
5-A1 (0.91) 0.00 707,375.61 0.00 125,428,521.55
5-AIO (0.06) 0.00 49,332.76 0.00 113,790,296.39
PO 0.00 0.00 0.00 0.00 1,470,879.09
30-IO 0.00 0.00 54,083.00 0.00 221,373,324.76
15-IO 0.00 0.00 10,336.19 0.00 47,699,657.42
1-B1 0.00 0.00 19,136.81 0.00 4,170,830.72
1-B2 0.00 0.00 7,177.44 0.00 1,564,309.20
1-B3 0.00 0.00 3,586.45 0.00 781,659.25
1-B4 0.00 0.00 2,390.96 0.00 521,106.17
1-B5 0.00 0.00 1,795.50 0.00 391,324.97
1-B6 0.00 0.00 1,795.96 0.00 391,425.03
X-B1 0.00 0.00 7,205.10 0.00 1,605,623.85
X-B2 0.00 0.00 2,615.22 0.00 582,789.28
X-B3 0.00 0.00 1,965.83 0.00 438,076.40
X-B4 0.00 0.00 980.71 0.00 218,545.98
X-B5 0.00 0.00 985.12 0.00 219,530.42
X-B6 0.00 0.00 655.73 0.00 146,126.54
3-B1 0.00 0.00 2,266.55 0.00 541,765.55
3-B2 0.00 0.00 694.91 0.00 166,102.81
3-B3 0.00 0.00 525.23 0.00 125,542.82
3-B4 0.00 0.00 521.19 0.00 124,577.10
3-B5 0.00 0.00 173.73 0.00 41,525.70
3-B6 0.00 0.00 351.64 0.00 84,051.88
5-B1 (0.03) 0.00 20,714.16 0.00 3,816,381.12
5-B2 0.00 0.00 2,963.74 0.00 546,040.61
5-B3 0.00 0.00 2,216.13 0.00 408,300.64
5-B4 0.00 0.00 1,479.20 0.00 272,528.38
5-B5 0.00 0.00 1,479.20 0.00 272,528.38
5-B6 0.00 0.00 744.13 0.00 137,097.96
SES 0.00 0.00 94,683.17 0.00 517,675,147.97
Totals (1.07) 0.00 2,691,693.34 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
1-A1 8,249,000.00 5.50000% 202.24937083 0.92697660 0.00000000 0.00000000
1-A2 4,431,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A3 7,929,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A4 12,023,000.00 5.50000% 1000.00000000 4.58333361 0.00000000 0.00000000
1-A5 12,000,000.00 5.50000% 202.24937083 0.92697667 0.00000000 0.00000000
1-A6 3,000,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A7 5,000,000.00 5.50000% 1000.00000000 4.58333400 0.00000000 0.00000000
1-A8 2,500,000.00 3.25000% 202.24937200 0.54776000 0.00000000 0.00000000
1-A9 2,500,000.00 7.75000% 202.24937200 1.30619200 0.00000000 0.00000000
1-A10 20,248,250.00 3.25000% 202.24937069 0.54775894 0.00000000 0.00000000
1-A11 6,821,603.00 11.13095% 202.24937013 1.87602386 0.00000000 0.00000000
1-A12 2,382,147.00 8.50000% 202.24937000 1.43259841 0.00000000 0.00000000
1-A13 25,000,000.00 4.00000% 961.34715120 3.20449040 0.00000000 0.00000000
1-A14 36,371,000.00 4.00000% 906.17191306 3.02057298 0.00000000 0.00000000
1-A15 51,918,000.00 4.62500% 1000.00000000 3.85416676 0.00000000 0.00000000
1-A16 0.00 5.50000% 954.00031476 4.37250137 0.00000000 0.00000000
1-A17 21,231,000.00 5.25000% 1000.00000000 4.37500024 0.00000000 0.00000000
1-A18 22,864,000.00 5.50000% 1000.00000000 4.58333319 0.00000000 0.00000000
1-A19 8,594,000.00 5.50000% 1000.00000000 4.58333372 0.00000000 0.00000000
1-A20 1,500,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-AR 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-AMR 25.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-ALR 25.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A1 105,017,000.00 5.50000% 746.75428645 3.42262377 0.00000000 0.00000000
2-A2 3,026,000.00 5.50000% 746.75428619 3.42262393 0.00000000 0.00000000
3-A1 84,959,000.00 5.00000% 760.29531598 3.16789710 0.00000000 0.00000000
4-A1 35,688,000.00 5.00000% 691.97791947 2.88324143 0.00000000 0.00000000
4-A2 1,029,000.00 5.00000% 691.97792031 2.88324587 0.00000000 0.00000000
5-A1 270,877,000.00 6.50000% 482.10904610 2.61142400 0.00000000 0.00000000
5-AIO 0.00 0.50172% 484.35281730 0.20250571 0.00000000 0.00000000
PO 1,684,723.00 0.00000% 881.51519864 0.00000000 0.00000000 0.00000000
30-IO 0.00 0.29171% 767.80005569 0.18664812 0.00000000 0.00000000
15-IO 0.00 0.25603% 727.46680885 0.15520997 0.00000000 0.00000000
1-B1 4,210,000.00 5.50000% 991.75867696 4.54556057 0.00000000 0.00000000
1-B2 1,579,000.00 5.50000% 991.75867638 4.54556048 0.00000000 0.00000000
1-B3 789,000.00 5.50000% 991.75868188 4.54556401 0.00000000 0.00000000
1-B4 526,000.00 5.50000% 991.75866920 4.54555133 0.00000000 0.00000000
1-B5 395,000.00 5.50000% 991.75868354 4.54556962 0.00000000 0.00000000
1-B6 395,101.00 5.50000% 991.75866424 4.54557189 0.00000000 0.00000000
X-B1 1,631,000.00 5.37522% 986.21348253 4.41759657 0.00000000 0.00000000
X-B2 592,000.00 5.37522% 986.21347973 4.41760135 0.00000000 0.00000000
X-B3 445,000.00 5.37522% 986.21348315 4.41759551 0.00000000 0.00000000
X-B4 222,000.00 5.37522% 986.21346847 4.41761261 0.00000000 0.00000000
X-B5 223,000.00 5.37522% 986.21349776 4.41757848 0.00000000 0.00000000
X-B6 148,436.00 5.37522% 986.21345226 4.41759411 0.00000000 0.00000000
3-B1 561,000.00 5.00000% 969.64782531 4.04019608 0.00000000 0.00000000
3-B2 172,000.00 5.00000% 969.64784884 4.04017442 0.00000000 0.00000000
3-B3 130,000.00 5.00000% 969.64784615 4.04023077 0.00000000 0.00000000
3-B4 129,000.00 5.00000% 969.64782946 4.04023256 0.00000000 0.00000000
3-B5 43,000.00 5.00000% 969.64790698 4.04023256 0.00000000 0.00000000
3-B6 87,036.00 5.00000% 969.64784687 4.04016729 0.00000000 0.00000000
5-B1 3,879,000.00 6.50000% 985.85929105 5.34007218 0.00000000 0.00000000
5-B2 555,000.00 6.50000% 985.85929730 5.34007207 0.00000000 0.00000000
5-B3 415,000.00 6.50000% 985.85930120 5.34007229 0.00000000 0.00000000
5-B4 277,000.00 6.50000% 985.85927798 5.34007220 0.00000000 0.00000000
5-B5 277,000.00 6.50000% 985.85927798 5.34007220 0.00000000 0.00000000
5-B6 139,347.45 6.50000% 985.85930349 5.34010490 0.00000000 0.00000000
SES 0.00 0.00000% 680.17081282 0.00000000 0.00000000 0.00000000
<FN>
(5) All Classes are per $1,000 denomination.
</FN>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
1-A1 0.00000000 0.00000000 0.92697660 0.00000000 183.23313008
1-A2 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A3 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A4 0.00000000 0.00000000 4.58333361 0.00000000 1000.00000000
1-A5 0.00000000 0.00000000 0.92697667 0.00000000 183.23313000
1-A6 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A7 0.00000000 0.00000000 4.58333400 0.00000000 1000.00000000
1-A8 0.00000000 0.00000000 0.54776000 0.00000000 183.23312800
1-A9 0.00000000 0.00000000 1.30619200 0.00000000 183.23312800
1-A10 0.00000000 0.00000000 0.54775894 0.00000000 183.23312978
1-A11 0.00000000 0.00000000 1.87602386 0.00000000 183.23313010
1-A12 0.00000000 0.00000000 1.43259841 0.00000000 183.23312961
1-A13 0.00000000 0.00000000 3.20449080 0.00000000 954.33310800
1-A14 0.00000000 0.00000000 3.02057326 0.00000000 889.14563168
1-A15 (0.00000019) 0.00000000 3.85416676 0.00000000 1000.00000000
1-A16 0.00000000 0.00000000 4.37250176 0.00000000 945.65309076
1-A17 0.00000000 0.00000000 4.37500024 0.00000000 1000.00000000
1-A18 0.00000000 0.00000000 4.58333362 0.00000000 1000.00000000
1-A19 0.00000000 0.00000000 4.58333372 0.00000000 1000.00000000
1-A20 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-AMR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A1 (0.00000029) 0.00000000 3.42262405 0.00000000 738.98063456
2-A2 0.00000000 0.00000000 3.42262393 0.00000000 738.98063450
3-A1 (0.00000024) 0.00000000 3.16789746 0.00000000 746.33260832
4-A1 (0.00000028) 0.00000000 2.88324143 0.00000000 687.64113427
4-A2 0.00000000 0.00000000 2.88324587 0.00000000 687.64113703
5-A1 (0.00000336) 0.00000000 2.61142736 0.00000000 463.04603769
5-AIO (0.00000025) 0.00000000 0.20250600 0.00000000 467.09767034
PO 0.00000000 0.00000000 0.00000000 0.00000000 873.06880122
30-IO 0.00000000 0.00000000 0.18664815 0.00000000 763.99094519
15-IO 0.00000000 0.00000000 0.15520997 0.00000000 716.26610710
1-B1 0.00000000 0.00000000 4.54556057 0.00000000 990.69613302
1-B2 0.00000000 0.00000000 4.54556048 0.00000000 990.69613680
1-B3 0.00000000 0.00000000 4.54556401 0.00000000 990.69613435
1-B4 0.00000000 0.00000000 4.54555133 0.00000000 990.69614068
1-B5 0.00000000 0.00000000 4.54556962 0.00000000 990.69612658
1-B6 0.00000000 0.00000000 4.54557189 0.00000000 990.69612580
X-B1 0.00000000 0.00000000 4.41759657 0.00000000 984.44135500
X-B2 0.00000000 0.00000000 4.41760135 0.00000000 984.44135135
X-B3 0.00000000 0.00000000 4.41759551 0.00000000 984.44134831
X-B4 0.00000000 0.00000000 4.41761261 0.00000000 984.44135135
X-B5 0.00000000 0.00000000 4.41757848 0.00000000 984.44134529
X-B6 0.00000000 0.00000000 4.41759411 0.00000000 984.44137541
3-B1 0.00000000 0.00000000 4.04019608 0.00000000 965.71399287
3-B2 0.00000000 0.00000000 4.04017442 0.00000000 965.71401163
3-B3 0.00000000 0.00000000 4.04023077 0.00000000 965.71400000
3-B4 0.00000000 0.00000000 4.04023256 0.00000000 965.71395349
3-B5 0.00000000 0.00000000 4.04023256 0.00000000 965.71395349
3-B6 0.00000000 0.00000000 4.04016729 0.00000000 965.71395744
5-B1 (0.00000773) 0.00000000 5.34007734 0.00000000 983.85695282
5-B2 0.00000000 0.00000000 5.34007207 0.00000000 983.85695495
5-B3 0.00000000 0.00000000 5.34007229 0.00000000 983.85696386
5-B4 0.00000000 0.00000000 5.34007220 0.00000000 983.85696751
5-B5 0.00000000 0.00000000 5.34007220 0.00000000 983.85696751
5-B6 0.00000000 0.00000000 5.34010490 0.00000000 983.85697047
SES 0.00000000 0.00000000 0.12222502 0.00000000 668.25873760
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<s> <c> <c> <c> <c> <c> <c>
APO1 0.00000% 0.00 0.00 644,019.80 642,849.32 98.53395543%
APO2 0.00000% 0.00 0.00 160,020.75 159,359.77 97.11196899%
APO3 0.00000% 0.00 0.00 165,142.07 155,069.50 88.68411722%
APO4 0.00000% 0.00 0.00 30,058.55 29,822.09 83.94440691%
APO5 0.00000% 0.00 0.00 485,867.77 483,778.40 73.54177688%
30-IO-1 0.30593% 159,091,617.01 158,066,588.14 0.00 0.00 77.77232656%
30-IO-2 0.25602% 63,385,432.16 63,306,736.62 0.00 0.00 73.17312263%
15-IO-1 0.26081% 33,554,438.76 32,868,973.30 0.00 0.00 70.70308608%
15-IO-2 0.24526% 14,891,128.08 14,830,684.12 0.00 0.00 73.76195286%
SES1 0.00000% 215,018,363.33 213,173,983.67 0.00 0.00 81.02128604%
SES2 0.00000% 83,255,371.13 82,412,235.12 0.00 0.00 74.48614772%
SES3 0.00000% 65,847,052.36 64,646,308.20 0.00 0.00 74.94712086%
SES4 0.00000% 26,240,107.50 26,077,443.99 0.00 0.00 69.39174183%
SES5 0.00000% 136,542,094.54 131,365,176.99 0.00 0.00 47.41104235%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 11,943,025.17
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 11,943,025.17
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 23,490.95
Payment of Interest and Principal 11,919,534.22
Total Withdrawals (Pool Distribution Amount) 11,943,025.17
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 21,954.14
Trustee Fee - Wells Fargo Bank, N.A. 1,536.81
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 23,490.95
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 1 0 0 1
346,428.50 0.00 0.00 346,428.50
30 Days 5 0 0 0 5
3,185,263.14 0.00 0.00 0.00 3,185,263.14
60 Days 3 0 0 0 3
1,095,796.59 0.00 0.00 0.00 1,095,796.59
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 1 0 1 0 2
375,025.53 0.00 404,408.20 0.00 779,433.73
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 1 0 1
0.00 0.00 842,695.88 0.00 842,695.88
Totals 9 1 2 0 12
4,656,085.26 346,428.50 1,247,104.08 0.00 6,249,617.84
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 0.090171% 0.000000% 0.000000% 0.090171%
0.066816% 0.000000% 0.000000% 0.066816%
30 Days 0.450857% 0.000000% 0.000000% 0.000000% 0.450857%
0.614343% 0.000000% 0.000000% 0.000000% 0.614343%
60 Days 0.270514% 0.000000% 0.000000% 0.000000% 0.270514%
0.211347% 0.000000% 0.000000% 0.000000% 0.211347%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.090171% 0.000000% 0.090171% 0.000000% 0.180343%
0.072331% 0.000000% 0.077998% 0.000000% 0.150330%
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% 0.090171% 0.000000% 0.090171%
0.000000% 0.000000% 0.162531% 0.000000% 0.162531%
Totals 0.811542% 0.090171% 0.180343% 0.000000% 1.082056%
0.898021% 0.066816% 0.240530% 0.000000% 1.205367%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1 - 30 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 2 0 0 0 2
1,315,771.67 0.00 0.00 0.00 1,315,771.67
60 Days 1 0 0 0 1
397,477.66 0.00 0.00 0.00 397,477.66
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 0 0 0 3
1,713,249.33 0.00 0.00 0.00 1,713,249.33
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.464037% 0.000000% 0.000000% 0.000000% 0.464037%
0.616696% 0.000000% 0.000000% 0.000000% 0.616696%
60 Days 0.232019% 0.000000% 0.000000% 0.000000% 0.232019%
0.186296% 0.000000% 0.000000% 0.000000% 0.186296%
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 0.696056% 0.000000% 0.000000% 0.000000% 0.696056%
0.802992% 0.000000% 0.000000% 0.000000% 0.802992%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
2 - 30 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 1 0 1
0.00 0.00 842,695.88 0.00 842,695.88
Totals 0 0 1 0 1
0.00 0.00 842,695.88 0.00 842,695.88
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.606061% 0.000000% 0.606061%
0.000000% 0.000000% 1.021627% 0.000000% 1.021627%
Totals 0.000000% 0.000000% 0.606061% 0.000000% 0.606061%
0.000000% 0.000000% 1.021627% 0.000000% 1.021627%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
3 - 15 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 1 0 0 1
346,428.50 0.00 0.00 346,428.50
30 Days 1 0 0 0 1
896,576.37 0.00 0.00 0.00 896,576.37
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 1 0 0 2
896,576.37 346,428.50 0.00 0.00 1,243,004.87
0-29 Days 0.746269% 0.000000% 0.000000% 0.746269%
0.533973% 0.000000% 0.000000% 0.533973%
30 Days 0.746269% 0.000000% 0.000000% 0.000000% 0.746269%
1.381952% 0.000000% 0.000000% 0.000000% 1.381952%
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 0.746269% 0.746269% 0.000000% 0.000000% 1.492537%
1.381952% 0.533973% 0.000000% 0.000000% 1.915925%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
4 - 15 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
5 - 30 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 2 0 0 0 2
972,915.10 0.00 0.00 0.00 972,915.10
60 Days 2 0 0 0 2
698,318.93 0.00 0.00 0.00 698,318.93
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 1 0 1 0 2
375,025.53 0.00 404,408.20 0.00 779,433.73
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 5 0 1 0 6
2,046,259.56 0.00 404,408.20 0.00 2,450,667.76
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.613497% 0.000000% 0.000000% 0.000000% 0.613497%
0.739250% 0.000000% 0.000000% 0.000000% 0.739250%
60 Days 0.613497% 0.000000% 0.000000% 0.000000% 0.613497%
0.530603% 0.000000% 0.000000% 0.000000% 0.530603%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.306748% 0.000000% 0.306748% 0.000000% 0.613497%
0.284956% 0.000000% 0.307281% 0.000000% 0.592237%
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 1.533742% 0.000000% 0.306748% 0.000000% 1.840491%
1.554809% 0.000000% 0.307281% 0.000000% 1.862090%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 41,178.44
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 6.168084%
Weighted Average Pass-Through Rate 5.914585%
Weighted Average Maturity(Stepdown Calculation ) 298
Beginning Scheduled Collateral Loan Count 1,127
Number Of Loans Paid In Full 18
Ending Scheduled Collateral Loan Count 1,109
Beginning Scheduled Collateral Balance 526,902,988.86
Ending Scheduled Collateral Balance 517,675,147.97
Ending Actual Collateral Balance at 30-Sep-2004 518,482,768.31
Monthly P &I Constant 3,677,241.32
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 11,682,290.58
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 517,675,147.97
Scheduled Principal 968,922.95
Unscheduled Principal 8,258,917.94
Miscellaneous Reporting
Senior % 96.650767%
Subordinate % 3.349233%
Group Level Collateral Statement
Group 1 - 30 Year Fixed 2 - 30 Year Fixed 3 - 15 Year Fixed
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 5.963387 5.937847 5.373864
Weighted Average Net Rate 5.713387 5.687847 5.123864
Weighted Average Maturity 350 350 170
Beginning Loan Count 434 166 136
Loans Paid In Full 3 1 2
Ending Loan Count 431 165 134
Beginning Scheduled Balance 215,018,363.33 83,255,371.13 65,847,052.36
Ending scheduled Balance 213,173,983.67 82,412,235.12 64,646,308.20
Record Date 09/30/2004 09/30/2004 09/30/2004
Principal And Interest Constant 1,298,944.01 501,184.65 562,010.92
Scheduled Principal 230,412.53 89,219.96 267,133.35
Unscheduled Principal 1,613,967.13 753,916.05 933,610.81
Scheduled Interest 1,068,531.48 411,964.69 294,877.57
Servicing Fees 44,795.49 17,344.88 13,718.14
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 627.15 242.83 192.05
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00
Spread Fee 1 0.00 0.00 0.00
Spread Fee 2 0.00 0.00 0.00
Spread Fee 3 0.00 0.00 0.00
Net Interest 1,023,108.84 394,376.98 280,967.38
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 5.709887 5.684347 5.120364
Group Level Collateral Statement
Group 4 - 15 Year Fixed 5 - 30 Year Fixed Total
Collateral Description Mixed Fixed Mixed Fixed Fixed
Weighted Average Coupon Rate 5.386953 7.163940 6.168084
Weighted Average Net Rate 5.136953 6.913940 5.918084
Weighted Average Maturity 170 286 298
Beginning Loan Count 53 338 1,127
Loans Paid In Full 0 12 18
Ending Loan Count 53 326 1,109
Beginning Scheduled Balance 26,240,107.50 136,542,094.54 526,902,988.86
Ending scheduled Balance 26,077,443.99 131,365,176.99 517,675,147.97
Record Date 09/30/2004 09/30/2004 09/30/2004
Principal And Interest Constant 222,188.73 1,092,913.01 3,677,241.32
Scheduled Principal 104,393.54 277,763.57 968,922.95
Unscheduled Principal 58,269.97 4,899,153.98 8,258,917.94
Scheduled Interest 117,795.19 815,149.44 2,708,318.37
Servicing Fees 5,466.69 28,446.27 109,771.47
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 76.53 398.25 1,536.81
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 112,251.97 786,304.92 2,597,010.09
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 5.133453 6.910440 5.914585
Miscellaneous Reporting
Group 1 - 30 Year Fixed
Group 1 CPR 8.653600%
Group 1 Subordinate % 3.652043%
Group 1 Subordinate Prepayment % 0.000000%
Group 1 Senior % 96.347957%
Group 1 Senior Prepayment % 1613534.591882%
Group 2 - 30 Year Fixed
Group 2 CPR 10.351903%
Group 2 Subordinate % 2.904828%
Group 2 Subordinate Prepayment % 0.000000%
Group 2 Senior % 97.095172%
Group 2 Senior Prepayment % 753437.928159%
Group 3 - 15 Year Fixed
Group 3 CPR 15.807340%
Group 3 Subordinate % 1.656439%
Group 3 Subordinate Prepayment % 0.000000%
Group 3 Senior % 98.343561%
Group 3 Senior Prepayment % 924201.349006%
Miscellaneous Reporting
Group 4 - 15 Year Fixed
Group 4 CPR 2.642854%
Group 4 Subordinate % 3.062548%
Group 4 Subordinate Prepayment % 0.000000%
Group 4 Senior % 96.937452%
Group 4 Senior Prepayment % 58157.302429%
Group 5 - 30 Year Fixed
Group 5 CPR 35.556844%
Group 5 Subordinate % 4.015968%
Group 5 Subordinate Prepayment % 0.000000%
Group 5 Senior % 95.984032%
Group 5 Senior Prepayment % 4898490.034226%
Group