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): November 26, 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 November 26, 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
November 26, 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: 11/26/04
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 November 26, 2004 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 10/31/04
Distribution Date: 11/26/04
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% 1,511,490.09 6,927.66 583,564.64
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% 2,198,797.56 10,077.82 848,924.20
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 3.44000% 458,082.82 1,313.17 176,859.21
1-A9 05948XV81 SEN 7.56000% 458,082.82 2,885.92 176,859.21
1-A10 05948XV99 SEN 3.25000% 3,710,150.22 10,048.32 1,432,435.78
1-A11 05948XW23 SEN 11.13095% 1,249,943.67 11,594.22 482,585.32
1-A12 05948XW31 SEN 8.50000% 436,488.25 3,091.79 168,521.85
1-A13 05948XW49 SEN 4.00000% 23,858,327.70 79,527.76 187,249.02
1-A14 05948XW56 SEN 4.00000% 32,339,115.77 107,797.05 661,281.15
1-A15 05948XW64 SEN 4.62500% 51,918,000.00 200,100.63 0.00
1-A16 05948XW72 SEN 5.50000% 0.00 112,526.81 0.00
1-A17 05948XW80 SEN 5.25000% 21,231,000.00 92,885.63 0.00
1-A18 05948XW98 SEN 5.50000% 22,864,000.00 104,793.33 0.00
1-A19 05948XX22 SEN 5.50000% 8,594,000.00 39,389.17 0.00
1-A20 05948XX30 SEN 5.50000% 1,500,000.00 6,875.00 0.00
1-AR 05948XX48 SEN 5.50000% 0.00 0.00 0.00
1-AMR 05948XX63 SEN 5.50000% 0.00 0.00 0.00
1-ALR 05948XX55 SEN 5.50000% 0.00 0.00 0.00
2-A1 05948XX71 SEN 5.50000% 77,605,529.30 355,692.01 2,053,484.99
2-A2 05948XX89 SEN 5.50000% 2,236,155.40 10,249.05 59,169.90
3-A1 05948XX97 SEN 5.00000% 63,407,672.07 264,198.70 716,177.68
4-A1 05948XY21 SEN 5.00000% 24,540,536.80 102,252.24 115,346.59
4-A2 05948XY39 SEN 5.00000% 707,582.73 2,948.26 3,325.81
5-A1 05948XY47 SEN 6.50000% 125,428,521.55 679,404.42 7,690,232.52
5-AIO 05948XY54 IO 0.50097% 0.00 47,504.34 0.00
PO 05948XY62 SEN 0.00000% 1,470,879.09 0.00 25,592.69
30-IO 05948XY88 IO 0.29143% 0.00 53,763.08 0.00
15-IO 05948XY70 IO 0.25464% 0.00 10,122.03 0.00
1-B1 05948XY96 SUB 5.50000% 4,170,830.72 19,116.31 4,498.06
1-B2 05948XZ20 SUB 5.50000% 1,564,309.20 7,169.75 1,687.04
1-B3 05948XZ38 SUB 5.50000% 781,659.25 3,582.60 842.99
1-B4 05948X2E0 SUB 5.50000% 521,106.17 2,388.40 561.99
1-B5 05948X2F7 SUB 5.50000% 391,324.97 1,793.57 422.03
1-B6 05948X2G5 SUB 5.50000% 391,425.03 1,794.03 422.13
X-B1 05948XZ46 SUB 5.37549% 1,605,623.85 7,192.52 2,912.14
X-B2 05948XZ53 SUB 5.37549% 582,789.28 2,610.65 1,057.01
X-B3 05948XZ61 SUB 5.37549% 438,076.40 1,962.40 794.54
X-B4 05948X2H3 SUB 5.37549% 218,545.98 978.99 396.38
X-B5 05948X2J9 SUB 5.37549% 219,530.42 983.40 398.16
X-B6 05948X2K6 SUB 5.37549% 146,126.54 654.59 265.03
3-B1 05948XZ79 SUB 5.00000% 541,765.55 2,257.36 2,221.49
3-B2 05948XZ87 SUB 5.00000% 166,102.81 692.10 681.10
3-B3 05948XZ95 SUB 5.00000% 125,542.82 523.10 514.78
3-B4 05948X2L4 SUB 5.00000% 124,577.10 519.07 510.82
3-B5 05948X2M2 SUB 5.00000% 41,525.70 173.02 170.27
3-B6 05948X2N0 SUB 5.00000% 84,051.88 350.22 344.65
5-B1 05948X2A8 SUB 6.50000% 3,816,381.12 20,672.06 7,917.74
5-B2 05948X2B6 SUB 6.50000% 546,040.61 2,957.72 1,132.86
5-B3 05948X2C4 SUB 6.50000% 408,300.64 2,211.63 847.09
5-B4 05948X2P5 SUB 6.50000% 272,528.38 1,476.20 565.41
5-B5 05948X2Q3 SUB 6.50000% 272,528.38 1,476.20 565.41
5-B6 05948X2R1 SUB 6.50000% 137,097.96 742.61 284.43
SES 05948X2D2 SEN 0.00000% 0.00 90,937.69 0.00
Totals 517,675,146.60 2,639,606.69 15,411,624.11
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-A1 0.00 927,925.45 590,492.30 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 1,349,873.36 859,002.02 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 0.00 281,223.62 178,172.38 0.00
1-A9 0.00 281,223.62 179,745.13 0.00
1-A10 0.00 2,277,714.44 1,442,484.10 0.00
1-A11 0.00 767,358.35 494,179.54 0.00
1-A12 0.00 267,966.40 171,613.64 0.00
1-A13 0.00 23,671,078.68 266,776.78 0.00
1-A14 0.00 31,677,834.62 769,078.20 0.00
1-A15 0.00 51,918,000.00 200,100.63 0.00
1-A16 0.00 0.00 112,526.81 0.00
1-A17 0.00 21,231,000.00 92,885.63 0.00
1-A18 0.00 22,864,000.00 104,793.33 0.00
1-A19 0.00 8,594,000.00 39,389.17 0.00
1-A20 0.00 1,500,000.00 6,875.00 0.00
1-AR 0.00 0.00 0.00 0.00
1-AMR 0.00 0.00 0.00 0.00
1-ALR 0.00 0.00 0.00 0.00
2-A1 0.00 75,552,044.31 2,409,177.00 0.00
2-A2 0.00 2,176,985.50 69,418.95 0.00
3-A1 0.00 62,691,494.39 980,376.38 0.00
4-A1 0.00 24,425,190.21 217,598.83 0.00
4-A2 0.00 704,256.91 6,274.07 0.00
5-A1 0.00 117,738,289.03 8,369,636.94 0.00
5-AIO 0.00 0.00 47,504.34 0.00
PO 0.00 1,445,286.39 25,592.69 0.00
30-IO 0.00 0.00 53,763.08 0.00
15-IO 0.00 0.00 10,122.03 0.00
1-B1 0.00 4,166,332.66 23,614.37 0.00
1-B2 0.00 1,562,622.16 8,856.79 0.00
1-B3 0.00 780,816.26 4,425.59 0.00
1-B4 0.00 520,544.18 2,950.39 0.00
1-B5 0.00 390,902.95 2,215.60 0.00
1-B6 0.00 391,002.90 2,216.16 0.00
X-B1 0.00 1,602,711.71 10,104.66 0.00
X-B2 0.00 581,732.27 3,667.66 0.00
X-B3 0.00 437,281.86 2,756.94 0.00
X-B4 0.00 218,149.60 1,375.37 0.00
X-B5 0.00 219,132.26 1,381.56 0.00
X-B6 0.00 145,861.51 919.62 0.00
3-B1 0.00 539,544.06 4,478.85 0.00
3-B2 0.00 165,421.71 1,373.20 0.00
3-B3 0.00 125,028.03 1,037.88 0.00
3-B4 0.00 124,066.28 1,029.89 0.00
3-B5 0.00 41,355.43 343.29 0.00
3-B6 0.00 83,707.23 694.87 0.00
5-B1 0.00 3,808,463.38 28,589.80 0.00
5-B2 0.00 544,907.75 4,090.58 0.00
5-B3 0.00 407,453.55 3,058.72 0.00
5-B4 0.00 271,962.97 2,041.61 0.00
5-B5 0.00 271,962.97 2,041.61 0.00
5-B6 0.00 136,813.52 1,027.04 0.00
SES 0.00 0.00 90,937.69 0.00
Totals 0.00 502,263,522.48 18,051,230.80 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 1,511,490.09 27,305.37 556,259.27 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 2,198,797.56 39,721.72 809,202.48 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 2,500,000.00 458,082.82 8,275.36 168,583.85 0.00 0.00
1-A9 2,500,000.00 458,082.82 8,275.36 168,583.85 0.00 0.00
1-A10 20,248,250.00 3,710,150.22 67,024.60 1,365,411.17 0.00 0.00
1-A11 6,821,603.00 1,249,943.67 22,580.48 460,004.84 0.00 0.00
1-A12 2,382,147.00 436,488.25 7,885.25 160,636.60 0.00 0.00
1-A13 25,000,000.00 23,858,327.70 8,761.50 178,487.52 0.00 0.00
1-A14 36,371,000.00 32,339,115.77 30,941.78 630,339.37 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 77,605,529.30 83,703.34 1,969,781.65 0.00 0.00
2-A2 3,026,000.00 2,236,155.40 2,411.86 56,758.04 0.00 0.00
3-A1 84,959,000.00 63,407,672.07 260,000.60 456,177.09 0.00 0.00
4-A1 35,688,000.00 24,540,536.80 98,917.52 16,429.07 0.00 0.00
4-A2 1,029,000.00 707,582.73 2,852.11 473.70 0.00 0.00
5-A1 270,877,000.00 125,428,521.55 260,223.07 7,430,009.45 0.00 0.00
5-AIO 0.00 0.00 0.00 0.00 0.00 0.00
PO 1,684,723.00 1,470,879.09 3,110.01 22,482.68 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 4,170,830.72 4,498.06 0.00 0.00 0.00
1-B2 1,579,000.00 1,564,309.20 1,687.04 0.00 0.00 0.00
1-B3 789,000.00 781,659.25 842.99 0.00 0.00 0.00
1-B4 526,000.00 521,106.17 561.99 0.00 0.00 0.00
1-B5 395,000.00 391,324.97 422.03 0.00 0.00 0.00
1-B6 395,101.00 391,425.03 422.13 0.00 0.00 0.00
X-B1 1,631,000.00 1,605,623.85 2,912.14 0.00 0.00 0.00
X-B2 592,000.00 582,789.28 1,057.01 0.00 0.00 0.00
X-B3 445,000.00 438,076.40 794.54 0.00 0.00 0.00
X-B4 222,000.00 218,545.98 396.38 0.00 0.00 0.00
X-B5 223,000.00 219,530.42 398.16 0.00 0.00 0.00
X-B6 148,436.00 146,126.54 265.03 0.00 0.00 0.00
3-B1 561,000.00 541,765.55 2,221.49 0.00 0.00 0.00
3-B2 172,000.00 166,102.81 681.10 0.00 0.00 0.00
3-B3 130,000.00 125,542.82 514.78 0.00 0.00 0.00
3-B4 129,000.00 124,577.10 510.82 0.00 0.00 0.00
3-B5 43,000.00 41,525.70 170.27 0.00 0.00 0.00
3-B6 87,036.00 84,051.88 344.65 0.00 0.00 0.00
5-B1 3,879,000.00 3,816,381.12 7,917.74 0.00 0.00 0.00
5-B2 555,000.00 546,040.61 1,132.86 0.00 0.00 0.00
5-B3 415,000.00 408,300.64 847.09 0.00 0.00 0.00
5-B4 277,000.00 272,528.38 565.41 0.00 0.00 0.00
5-B5 277,000.00 272,528.38 565.41 0.00 0.00 0.00
5-B6 139,347.45 137,097.96 284.43 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 774,662,743.45 517,675,146.60 962,003.48 14,449,620.63 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-A1 583,564.64 927,925.45 0.11248945 583,564.64
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 848,924.20 1,349,873.36 0.11248945 848,924.20
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 176,859.21 281,223.62 0.11248945 176,859.21
1-A9 176,859.21 281,223.62 0.11248945 176,859.21
1-A10 1,432,435.78 2,277,714.44 0.11248945 1,432,435.78
1-A11 482,585.32 767,358.35 0.11248945 482,585.32
1-A12 168,521.85 267,966.40 0.11248945 168,521.85
1-A13 187,249.02 23,671,078.68 0.94684315 187,249.02
1-A14 661,281.15 31,677,834.62 0.87096408 661,281.15
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 2,053,484.99 75,552,044.31 0.71942680 2,053,484.99
2-A2 59,169.90 2,176,985.50 0.71942680 59,169.90
3-A1 716,177.68 62,691,494.39 0.73790292 716,177.68
4-A1 115,346.59 24,425,190.21 0.68440905 115,346.59
4-A2 3,325.81 704,256.91 0.68440905 3,325.81
5-A1 7,690,232.52 117,738,289.03 0.43465591 7,690,232.52
5-AIO 0.00 0.00 0.00000000 0.00
PO 25,592.69 1,445,286.39 0.85787776 25,592.69
30-IO 0.00 0.00 0.00000000 0.00
15-IO 0.00 0.00 0.00000000 0.00
1-B1 4,498.06 4,166,332.66 0.98962771 4,498.06
1-B2 1,687.04 1,562,622.16 0.98962771 1,687.04
1-B3 842.99 780,816.26 0.98962771 842.99
1-B4 561.99 520,544.18 0.98962772 561.99
1-B5 422.03 390,902.95 0.98962772 422.03
1-B6 422.13 391,002.90 0.98962772 422.13
X-B1 2,912.14 1,602,711.71 0.98265586 2,912.14
X-B2 1,057.01 581,732.27 0.98265586 1,057.01
X-B3 794.54 437,281.86 0.98265587 794.54
X-B4 396.38 218,149.60 0.98265586 396.38
X-B5 398.16 219,132.26 0.98265587 398.16
X-B6 265.03 145,861.51 0.98265589 265.03
3-B1 2,221.49 539,544.06 0.96175412 2,221.49
3-B2 681.10 165,421.71 0.96175413 681.10
3-B3 514.78 125,028.03 0.96175408 514.78
3-B4 510.82 124,066.28 0.96175411 510.82
3-B5 170.27 41,355.43 0.96175419 170.27
3-B6 344.65 83,707.23 0.96175410 344.65
5-B1 7,917.74 3,808,463.38 0.98181577 7,917.74
5-B2 1,132.86 544,907.75 0.98181577 1,132.86
5-B3 847.09 407,453.55 0.98181578 847.09
5-B4 565.41 271,962.97 0.98181578 565.41
5-B5 565.41 271,962.97 0.98181578 565.41
5-B6 284.43 136,813.52 0.98181574 284.43
SES 0.00 0.00 0.00000000 0.00
Totals 15,411,624.11 502,263,522.48 0.64836411 15,411,624.11
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 8,249,000.00 183.23313008 3.31014305 67.43353982 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 12,000,000.00 183.23313000 3.31014333 67.43354000 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 2,500,000.00 183.23312800 3.31014400 67.43354000 0.00000000
1-A9 2,500,000.00 183.23312800 3.31014400 67.43354000 0.00000000
1-A10 20,248,250.00 183.23312978 3.31014285 67.43353969 0.00000000
1-A11 6,821,603.00 183.23313010 3.31014279 67.43354018 0.00000000
1-A12 2,382,147.00 183.23312961 3.31014417 67.43353790 0.00000000
1-A13 25,000,000.00 954.33310800 0.35046000 7.13950080 0.00000000
1-A14 36,371,000.00 889.14563168 0.85072668 17.33082318 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 105,017,000.00 738.98063456 0.79704562 18.75678842 0.00000000
2-A2 3,026,000.00 738.98063450 0.79704560 18.75678784 0.00000000
3-A1 84,959,000.00 746.33260832 3.06030674 5.36937923 0.00000000
4-A1 35,688,000.00 687.64113427 2.77173055 0.46035278 0.00000000
4-A2 1,029,000.00 687.64113703 2.77172983 0.46034985 0.00000000
5-A1 270,877,000.00 463.04603769 0.96066875 27.42945857 0.00000000
5-AIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 1,684,723.00 873.06880122 1.84600673 13.34503061 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 4,210,000.00 990.69613302 1.06842280 0.00000000 0.00000000
1-B2 1,579,000.00 990.69613680 1.06842305 0.00000000 0.00000000
1-B3 789,000.00 990.69613435 1.06842839 0.00000000 0.00000000
1-B4 526,000.00 990.69614068 1.06842205 0.00000000 0.00000000
1-B5 395,000.00 990.69612658 1.06843038 0.00000000 0.00000000
1-B6 395,101.00 990.69612580 1.06841036 0.00000000 0.00000000
X-B1 1,631,000.00 984.44135500 1.78549356 0.00000000 0.00000000
X-B2 592,000.00 984.44135135 1.78548986 0.00000000 0.00000000
X-B3 445,000.00 984.44134831 1.78548315 0.00000000 0.00000000
X-B4 222,000.00 984.44135135 1.78549550 0.00000000 0.00000000
X-B5 223,000.00 984.44134529 1.78547085 0.00000000 0.00000000
X-B6 148,436.00 984.44137541 1.78548331 0.00000000 0.00000000
3-B1 561,000.00 965.71399287 3.95987522 0.00000000 0.00000000
3-B2 172,000.00 965.71401163 3.95988372 0.00000000 0.00000000
3-B3 130,000.00 965.71400000 3.95984615 0.00000000 0.00000000
3-B4 129,000.00 965.71395349 3.95984496 0.00000000 0.00000000
3-B5 43,000.00 965.71395349 3.95976744 0.00000000 0.00000000
3-B6 87,036.00 965.71395744 3.95985569 0.00000000 0.00000000
5-B1 3,879,000.00 983.85695282 2.04118072 0.00000000 0.00000000
5-B2 555,000.00 983.85695495 2.04118919 0.00000000 0.00000000
5-B3 415,000.00 983.85696386 2.04118072 0.00000000 0.00000000
5-B4 277,000.00 983.85696751 2.04119134 0.00000000 0.00000000
5-B5 277,000.00 983.85696751 2.04119134 0.00000000 0.00000000
5-B6 139,347.45 983.85697047 2.04115683 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 70.74368287 112.48944721 0.11248945 70.74368287
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 70.74368333 112.48944667 0.11248945 70.74368333
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 70.74368400 112.48944800 0.11248945 70.74368400
1-A9 0.00000000 70.74368400 112.48944800 0.11248945 70.74368400
1-A10 0.00000000 70.74368303 112.48944674 0.11248945 70.74368303
1-A11 0.00000000 70.74368297 112.48944713 0.11248945 70.74368297
1-A12 0.00000000 70.74368206 112.48944754 0.11248945 70.74368206
1-A13 0.00000000 7.48996080 946.84314720 0.94684315 7.48996080
1-A14 0.00000000 18.18154986 870.96408182 0.87096408 18.18154986
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 19.55383405 719.42680052 0.71942680 19.55383405
2-A2 0.00000000 19.55383344 719.42680106 0.71942680 19.55383344
3-A1 0.00000000 8.42968585 737.90292247 0.73790292 8.42968585
4-A1 0.00000000 3.23208333 684.40905094 0.68440905 3.23208333
4-A2 0.00000000 3.23207969 684.40904762 0.68440905 3.23207969
5-A1 0.00000000 28.39012733 434.65591036 0.43465591 28.39012733
5-AIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 15.19103734 857.87775795 0.85787776 15.19103734
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 1.06842280 989.62771021 0.98962771 1.06842280
1-B2 0.00000000 1.06842305 989.62771374 0.98962771 1.06842305
1-B3 0.00000000 1.06842839 989.62770596 0.98962771 1.06842839
1-B4 0.00000000 1.06842205 989.62771863 0.98962772 1.06842205
1-B5 0.00000000 1.06843038 989.62772152 0.98962772 1.06843038
1-B6 0.00000000 1.06841036 989.62771544 0.98962772 1.06841036
X-B1 0.00000000 1.78549356 982.65586143 0.98265586 1.78549356
X-B2 0.00000000 1.78548986 982.65586149 0.98265586 1.78548986
X-B3 0.00000000 1.78548315 982.65586517 0.98265587 1.78548315
X-B4 0.00000000 1.78549550 982.65585586 0.98265586 1.78549550
X-B5 0.00000000 1.78547085 982.65587444 0.98265587 1.78547085
X-B6 0.00000000 1.78548331 982.65589210 0.98265589 1.78548331
3-B1 0.00000000 3.95987522 961.75411765 0.96175412 3.95987522
3-B2 0.00000000 3.95988372 961.75412791 0.96175413 3.95988372
3-B3 0.00000000 3.95984615 961.75407692 0.96175408 3.95984615
3-B4 0.00000000 3.95984496 961.75410853 0.96175411 3.95984496
3-B5 0.00000000 3.95976744 961.75418605 0.96175419 3.95976744
3-B6 0.00000000 3.95985569 961.75410175 0.96175410 3.95985569
5-B1 0.00000000 2.04118072 981.81577211 0.98181577 2.04118072
5-B2 0.00000000 2.04118919 981.81576577 0.98181577 2.04118919
5-B3 0.00000000 2.04118072 981.81578313 0.98181578 2.04118072
5-B4 0.00000000 2.04119134 981.81577617 0.98181578 2.04119134
5-B5 0.00000000 2.04119134 981.81577617 0.98181578 2.04119134
5-B6 0.00000000 2.04115683 981.81574187 0.98181574 2.04115683
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% 1,511,490.09 6,927.66 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% 2,198,797.56 10,077.82 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 3.44000% 458,082.82 1,313.17 0.00 0.00
1-A9 2,500,000.00 7.56000% 458,082.82 2,885.92 0.00 0.00
1-A10 20,248,250.00 3.25000% 3,710,150.22 10,048.32 0.00 0.00
1-A11 6,821,603.00 11.13095% 1,249,943.67 11,594.22 0.00 0.00
1-A12 2,382,147.00 8.50000% 436,488.25 3,091.79 0.00 0.00
1-A13 25,000,000.00 4.00000% 23,858,327.70 79,527.76 0.00 0.00
1-A14 36,371,000.00 4.00000% 32,339,115.77 107,797.05 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% 24,551,302.76 112,526.80 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% 77,605,529.30 355,692.01 0.00 0.00
2-A2 3,026,000.00 5.50000% 2,236,155.40 10,249.05 0.00 0.00
3-A1 84,959,000.00 5.00000% 63,407,672.07 264,198.63 0.00 0.00
4-A1 35,688,000.00 5.00000% 24,540,536.80 102,252.24 0.00 0.00
4-A2 1,029,000.00 5.00000% 707,582.73 2,948.26 0.00 0.00
5-A1 270,877,000.00 6.50000% 125,428,521.55 679,404.49 0.00 0.00
5-AIO 0.00 0.50097% 113,790,296.39 47,504.35 0.00 0.00
PO 1,684,723.00 0.00000% 1,470,879.09 0.00 0.00 0.00
30-IO 0.00 0.29143% 221,373,324.76 53,763.08 0.00 0.00
15-IO 0.00 0.25464% 47,699,657.42 10,122.02 0.00 0.00
1-B1 4,210,000.00 5.50000% 4,170,830.72 19,116.31 0.00 0.00
1-B2 1,579,000.00 5.50000% 1,564,309.20 7,169.75 0.00 0.00
1-B3 789,000.00 5.50000% 781,659.25 3,582.60 0.00 0.00
1-B4 526,000.00 5.50000% 521,106.17 2,388.40 0.00 0.00
1-B5 395,000.00 5.50000% 391,324.97 1,793.57 0.00 0.00
1-B6 395,101.00 5.50000% 391,425.03 1,794.03 0.00 0.00
X-B1 1,631,000.00 5.37549% 1,605,623.85 7,192.52 0.00 0.00
X-B2 592,000.00 5.37549% 582,789.28 2,610.65 0.00 0.00
X-B3 445,000.00 5.37549% 438,076.40 1,962.40 0.00 0.00
X-B4 222,000.00 5.37549% 218,545.98 978.99 0.00 0.00
X-B5 223,000.00 5.37549% 219,530.42 983.40 0.00 0.00
X-B6 148,436.00 5.37549% 146,126.54 654.59 0.00 0.00
3-B1 561,000.00 5.00000% 541,765.55 2,257.36 0.00 0.00
3-B2 172,000.00 5.00000% 166,102.81 692.10 0.00 0.00
3-B3 130,000.00 5.00000% 125,542.82 523.10 0.00 0.00
3-B4 129,000.00 5.00000% 124,577.10 519.07 0.00 0.00
3-B5 43,000.00 5.00000% 41,525.70 173.02 0.00 0.00
3-B6 87,036.00 5.00000% 84,051.88 350.22 0.00 0.00
5-B1 3,879,000.00 6.50000% 3,816,381.12 20,672.06 0.00 0.00
5-B2 555,000.00 6.50000% 546,040.61 2,957.72 0.00 0.00
5-B3 415,000.00 6.50000% 408,300.64 2,211.63 0.00 0.00
5-B4 277,000.00 6.50000% 272,528.38 1,476.20 0.00 0.00
5-B5 277,000.00 6.50000% 272,528.38 1,476.20 0.00 0.00
5-B6 139,347.45 6.50000% 137,097.96 742.61 0.00 0.00
SES 0.00 0.00000% 517,675,147.97 0.00 0.00 0.00
Totals 774,662,743.45 2,548,668.99 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 6,927.66 0.00 927,925.45
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 10,077.82 0.00 1,349,873.36
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 1,313.17 0.00 281,223.62
1-A9 0.00 0.00 2,885.92 0.00 281,223.62
1-A10 0.00 0.00 10,048.32 0.00 2,277,714.44
1-A11 0.00 0.00 11,594.22 0.00 767,358.35
1-A12 0.00 0.00 3,091.79 0.00 267,966.40
1-A13 0.00 0.00 79,527.76 0.00 23,671,078.68
1-A14 0.00 0.00 107,797.05 0.00 31,677,834.62
1-A15 0.00 0.00 200,100.63 0.00 51,918,000.00
1-A16 0.00 0.00 112,526.81 0.00 24,319,885.45
1-A17 0.00 0.00 92,885.63 0.00 21,231,000.00
1-A18 0.00 0.00 104,793.33 0.00 22,864,000.00
1-A19 0.00 0.00 39,389.17 0.00 8,594,000.00
1-A20 0.00 0.00 6,875.00 0.00 1,500,000.00
1-AR 0.00 0.00 0.00 0.00 0.00
1-AMR 0.00 0.00 0.00 0.00 0.00
1-ALR 0.00 0.00 0.00 0.00 0.00
2-A1 0.00 0.00 355,692.01 0.00 75,552,044.31
2-A2 0.00 0.00 10,249.05 0.00 2,176,985.50
3-A1 (0.06) 0.00 264,198.70 0.00 62,691,494.39
4-A1 0.00 0.00 102,252.24 0.00 24,425,190.21
4-A2 0.00 0.00 2,948.26 0.00 704,256.91
5-A1 0.08 0.00 679,404.42 0.00 117,738,289.03
5-AIO 0.01 0.00 47,504.34 0.00 107,552,600.54
PO 0.00 0.00 0.00 0.00 1,445,286.39
30-IO 0.00 0.00 53,763.08 0.00 214,997,471.69
15-IO 0.00 0.00 10,122.03 0.00 47,475,921.26
1-B1 0.00 0.00 19,116.31 0.00 4,166,332.66
1-B2 0.00 0.00 7,169.75 0.00 1,562,622.16
1-B3 0.00 0.00 3,582.60 0.00 780,816.26
1-B4 0.00 0.00 2,388.40 0.00 520,544.18
1-B5 0.00 0.00 1,793.57 0.00 390,902.95
1-B6 0.00 0.00 1,794.03 0.00 391,002.90
X-B1 0.00 0.00 7,192.52 0.00 1,602,711.71
X-B2 0.00 0.00 2,610.65 0.00 581,732.27
X-B3 0.00 0.00 1,962.40 0.00 437,281.86
X-B4 0.00 0.00 978.99 0.00 218,149.60
X-B5 0.00 0.00 983.40 0.00 219,132.26
X-B6 0.00 0.00 654.59 0.00 145,861.51
3-B1 0.00 0.00 2,257.36 0.00 539,544.06
3-B2 0.00 0.00 692.10 0.00 165,421.71
3-B3 0.00 0.00 523.10 0.00 125,028.03
3-B4 0.00 0.00 519.07 0.00 124,066.28
3-B5 0.00 0.00 173.02 0.00 41,355.43
3-B6 0.00 0.00 350.22 0.00 83,707.23
5-B1 0.00 0.00 20,672.06 0.00 3,808,463.38
5-B2 0.00 0.00 2,957.72 0.00 544,907.75
5-B3 0.00 0.00 2,211.63 0.00 407,453.55
5-B4 0.00 0.00 1,476.20 0.00 271,962.97
5-B5 0.00 0.00 1,476.20 0.00 271,962.97
5-B6 0.00 0.00 742.61 0.00 136,813.52
SES 0.00 0.00 90,937.69 0.00 502,263,523.84
Totals 0.03 0.00 2,639,606.69 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% 183.23313008 0.83981816 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% 183.23313000 0.83981833 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 3.44000% 183.23312800 0.52526800 0.00000000 0.00000000
1-A9 2,500,000.00 7.56000% 183.23312800 1.15436800 0.00000000 0.00000000
1-A10 20,248,250.00 3.25000% 183.23312978 0.49625622 0.00000000 0.00000000
1-A11 6,821,603.00 11.13095% 183.23313010 1.69963277 0.00000000 0.00000000
1-A12 2,382,147.00 8.50000% 183.23312961 1.29790059 0.00000000 0.00000000
1-A13 25,000,000.00 4.00000% 954.33310800 3.18111040 0.00000000 0.00000000
1-A14 36,371,000.00 4.00000% 889.14563168 2.96381870 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% 945.65309076 4.33424317 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% 738.98063456 3.38699458 0.00000000 0.00000000
2-A2 3,026,000.00 5.50000% 738.98063450 3.38699603 0.00000000 0.00000000
3-A1 84,959,000.00 5.00000% 746.33260832 3.10971916 0.00000000 0.00000000
4-A1 35,688,000.00 5.00000% 687.64113427 2.86517149 0.00000000 0.00000000
4-A2 1,029,000.00 5.00000% 687.64113703 2.86517007 0.00000000 0.00000000
5-A1 270,877,000.00 6.50000% 463.04603769 2.50816603 0.00000000 0.00000000
5-AIO 0.00 0.50097% 467.09767034 0.19500056 0.00000000 0.00000000
PO 1,684,723.00 0.00000% 873.06880122 0.00000000 0.00000000 0.00000000
30-IO 0.00 0.29143% 763.99094519 0.18554406 0.00000000 0.00000000
15-IO 0.00 0.25464% 716.26610710 0.15199396 0.00000000 0.00000000
1-B1 4,210,000.00 5.50000% 990.69613302 4.54069121 0.00000000 0.00000000
1-B2 1,579,000.00 5.50000% 990.69613680 4.54069031 0.00000000 0.00000000
1-B3 789,000.00 5.50000% 990.69613435 4.54068441 0.00000000 0.00000000
1-B4 526,000.00 5.50000% 990.69614068 4.54068441 0.00000000 0.00000000
1-B5 395,000.00 5.50000% 990.69612658 4.54068354 0.00000000 0.00000000
1-B6 395,101.00 5.50000% 990.69612580 4.54068706 0.00000000 0.00000000
X-B1 1,631,000.00 5.37549% 984.44135500 4.40988351 0.00000000 0.00000000
X-B2 592,000.00 5.37549% 984.44135135 4.40988176 0.00000000 0.00000000
X-B3 445,000.00 5.37549% 984.44134831 4.40988764 0.00000000 0.00000000
X-B4 222,000.00 5.37549% 984.44135135 4.40986486 0.00000000 0.00000000
X-B5 223,000.00 5.37549% 984.44134529 4.40986547 0.00000000 0.00000000
X-B6 148,436.00 5.37549% 984.44137541 4.40991404 0.00000000 0.00000000
3-B1 561,000.00 5.00000% 965.71399287 4.02381462 0.00000000 0.00000000
3-B2 172,000.00 5.00000% 965.71401163 4.02383721 0.00000000 0.00000000
3-B3 130,000.00 5.00000% 965.71400000 4.02384615 0.00000000 0.00000000
3-B4 129,000.00 5.00000% 965.71395349 4.02379845 0.00000000 0.00000000
3-B5 43,000.00 5.00000% 965.71395349 4.02372093 0.00000000 0.00000000
3-B6 87,036.00 5.00000% 965.71395744 4.02385220 0.00000000 0.00000000
5-B1 3,879,000.00 6.50000% 983.85695282 5.32922403 0.00000000 0.00000000
5-B2 555,000.00 6.50000% 983.85695495 5.32922523 0.00000000 0.00000000
5-B3 415,000.00 6.50000% 983.85696386 5.32922892 0.00000000 0.00000000
5-B4 277,000.00 6.50000% 983.85696751 5.32924188 0.00000000 0.00000000
5-B5 277,000.00 6.50000% 983.85696751 5.32924188 0.00000000 0.00000000
5-B6 139,347.45 6.50000% 983.85697047 5.32919691 0.00000000 0.00000000
SES 0.00 0.00000% 668.25873760 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 0.83981816 0.00000000 112.48944721
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 0.83981833 0.00000000 112.48944667
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 0.52526800 0.00000000 112.48944800
1-A9 0.00000000 0.00000000 1.15436800 0.00000000 112.48944800
1-A10 0.00000000 0.00000000 0.49625622 0.00000000 112.48944674
1-A11 0.00000000 0.00000000 1.69963277 0.00000000 112.48944713
1-A12 0.00000000 0.00000000 1.29790059 0.00000000 112.48944754
1-A13 0.00000000 0.00000000 3.18111040 0.00000000 946.84314720
1-A14 0.00000000 0.00000000 2.96381870 0.00000000 870.96408182
1-A15 0.00000000 0.00000000 3.85416676 0.00000000 1000.00000000
1-A16 0.00000000 0.00000000 4.33424355 0.00000000 936.73949067
1-A17 0.00000000 0.00000000 4.37500024 0.00000000 1000.00000000
1-A18 0.00000000 0.00000000 4.58333319 0.00000000 1000.00000000
1-A19 0.00000000 0.00000000 4.58333372 0.00000000 1000.00000000
1-A20 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-AMR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A1 0.00000000 0.00000000 3.38699458 0.00000000 719.42680052
2-A2 0.00000000 0.00000000 3.38699603 0.00000000 719.42680106
3-A1 (0.00000071) 0.00000000 3.10971998 0.00000000 737.90292247
4-A1 0.00000000 0.00000000 2.86517149 0.00000000 684.40905094
4-A2 0.00000000 0.00000000 2.86517007 0.00000000 684.40904762
5-A1 0.00000030 0.00000000 2.50816577 0.00000000 434.65591036
5-AIO 0.00000004 0.00000000 0.19500052 0.00000000 441.49255908
PO 0.00000000 0.00000000 0.00000000 0.00000000 857.87775795
30-IO 0.00000000 0.00000000 0.18554406 0.00000000 741.98696608
15-IO 0.00000000 0.00000000 0.15199411 0.00000000 712.90644715
1-B1 0.00000000 0.00000000 4.54069121 0.00000000 989.62771021
1-B2 0.00000000 0.00000000 4.54069031 0.00000000 989.62771374
1-B3 0.00000000 0.00000000 4.54068441 0.00000000 989.62770596
1-B4 0.00000000 0.00000000 4.54068441 0.00000000 989.62771863
1-B5 0.00000000 0.00000000 4.54068354 0.00000000 989.62772152
1-B6 0.00000000 0.00000000 4.54068706 0.00000000 989.62771544
X-B1 0.00000000 0.00000000 4.40988351 0.00000000 982.65586143
X-B2 0.00000000 0.00000000 4.40988176 0.00000000 982.65586149
X-B3 0.00000000 0.00000000 4.40988764 0.00000000 982.65586517
X-B4 0.00000000 0.00000000 4.40986486 0.00000000 982.65585586
X-B5 0.00000000 0.00000000 4.40986547 0.00000000 982.65587444
X-B6 0.00000000 0.00000000 4.40991404 0.00000000 982.65589210
3-B1 0.00000000 0.00000000 4.02381462 0.00000000 961.75411765
3-B2 0.00000000 0.00000000 4.02383721 0.00000000 961.75412791
3-B3 0.00000000 0.00000000 4.02384615 0.00000000 961.75407692
3-B4 0.00000000 0.00000000 4.02379845 0.00000000 961.75410853
3-B5 0.00000000 0.00000000 4.02372093 0.00000000 961.75418605
3-B6 0.00000000 0.00000000 4.02385220 0.00000000 961.75410175
5-B1 0.00000000 0.00000000 5.32922403 0.00000000 981.81577211
5-B2 0.00000000 0.00000000 5.32922523 0.00000000 981.81576577
5-B3 0.00000000 0.00000000 5.32922892 0.00000000 981.81578313
5-B4 0.00000000 0.00000000 5.32924188 0.00000000 981.81577617
5-B5 0.00000000 0.00000000 5.32924188 0.00000000 981.81577617
5-B6 0.00000000 0.00000000 5.32919691 0.00000000 981.81574187
SES 0.00000000 0.00000000 0.11739004 0.00000000 648.36411348
<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 0.00 642,849.32 641,858.05 98.38201663%
APO2 0.00000% 0.00 0.00 159,359.77 159,169.07 96.99575866%
APO3 0.00000% 0.00 0.00 155,069.50 154,141.36 88.15331473%
APO4 0.00000% 0.00 0.00 29,822.09 29,669.89 83.51598829%
APO5 0.00000% 0.00 0.00 483,778.40 460,448.03 69.99520087%
30-IO-1 0.30561% 158,066,588.14 153,781,990.16 0.00 0.00 75.66420772%
30-IO-2 0.25603% 63,306,736.62 61,215,481.53 0.00 0.00 70.75594441%
15-IO-1 0.25888% 32,868,973.30 32,707,008.15 0.00 0.00 70.35468956%
15-IO-2 0.24526% 14,830,684.12 14,768,913.11 0.00 0.00 73.45472831%
SES1 0.00000% 213,173,983.67 208,446,277.78 0.00 0.00 79.22442132%
SES2 0.00000% 82,412,235.12 80,296,788.87 0.00 0.00 72.57415684%
SES3 0.00000% 64,646,308.20 63,924,759.25 0.00 0.00 74.11059952%
SES4 0.00000% 26,077,443.99 25,955,396.77 0.00 0.00 69.06697575%
SES5 0.00000% 131,365,176.99 123,640,301.17 0.00 0.00 44.62305528%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 18,074,310.51
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 18,074,310.51
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 23,079.71
Payment of Interest and Principal 18,051,230.80
Total Withdrawals (Pool Distribution Amount) 18,074,310.51
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 21,569.81
Trustee Fee - Wells Fargo Bank, N.A. 1,509.90
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 23,079.71
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
345,127.67 0.00 0.00 345,127.67
30 Days 6 0 0 0 6
3,089,131.93 0.00 0.00 0.00 3,089,131.93
60 Days 1 0 0 0 1
489,459.36 0.00 0.00 0.00 489,459.36
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 1 0 0 0 1
404,408.20 0.00 0.00 0.00 404,408.20
180+ Days 0 0 1 0 1
0.00 0.00 842,695.88 0.00 842,695.88
Totals 8 1 1 0 10
3,982,999.49 345,127.67 842,695.88 0.00 5,170,823.04
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 0.092937% 0.000000% 0.000000% 0.092937%
0.068609% 0.000000% 0.000000% 0.068609%
30 Days 0.557621% 0.000000% 0.000000% 0.000000% 0.557621%
0.614097% 0.000000% 0.000000% 0.000000% 0.614097%
60 Days 0.092937% 0.000000% 0.000000% 0.000000% 0.092937%
0.097301% 0.000000% 0.000000% 0.000000% 0.097301%
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 0.092937% 0.000000% 0.000000% 0.000000% 0.092937%
0.080393% 0.000000% 0.000000% 0.000000% 0.080393%
180+ Days 0.000000% 0.000000% 0.092937% 0.000000% 0.092937%
0.000000% 0.000000% 0.167522% 0.000000% 0.167522%
Totals 0.743494% 0.092937% 0.092937% 0.000000% 0.929368%
0.791792% 0.068609% 0.167522% 0.000000% 1.027922%
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 4 0 0 0 4
2,267,290.35 0.00 0.00 0.00 2,267,290.35
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
2,267,290.35 0.00 0.00 0.00 2,267,290.35
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.947867% 0.000000% 0.000000% 0.000000% 0.947867%
1.086740% 0.000000% 0.000000% 0.000000% 1.086740%
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 0.947867% 0.000000% 0.000000% 0.000000% 0.947867%
1.086740% 0.000000% 0.000000% 0.000000% 1.086740%
<caption>
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% 0.621118% 0.000000% 0.621118%
0.000000% 0.000000% 1.048537% 0.000000% 1.048537%
Totals 0.000000% 0.000000% 0.621118% 0.000000% 0.621118%
0.000000% 0.000000% 1.048537% 0.000000% 1.048537%
<caption>
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
345,127.67 0.00 0.00 345,127.67
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 1 0 0 1
0.00 345,127.67 0.00 0.00 345,127.67
0-29 Days 0.757576% 0.000000% 0.000000% 0.757576%
0.538053% 0.000000% 0.000000% 0.538053%
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% 0.757576% 0.000000% 0.000000% 0.757576%
0.000000% 0.538053% 0.000000% 0.000000% 0.538053%
<caption>
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%
<caption>
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
821,841.58 0.00 0.00 0.00 821,841.58
60 Days 1 0 0 0 1
489,459.36 0.00 0.00 0.00 489,459.36
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 1 0 0 0 1
404,408.20 0.00 0.00 0.00 404,408.20
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 4 0 0 0 4
1,715,709.14 0.00 0.00 0.00 1,715,709.14
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.649351% 0.000000% 0.000000% 0.000000% 0.649351%
0.663539% 0.000000% 0.000000% 0.000000% 0.663539%
60 Days 0.324675% 0.000000% 0.000000% 0.000000% 0.324675%
0.395180% 0.000000% 0.000000% 0.000000% 0.395180%
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 0.324675% 0.000000% 0.000000% 0.000000% 0.324675%
0.326511% 0.000000% 0.000000% 0.000000% 0.326511%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 1.298701% 0.000000% 0.000000% 0.000000% 1.298701%
1.385231% 0.000000% 0.000000% 0.000000% 1.385231%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 31,043.23
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 6.161457%
Weighted Average Pass-Through Rate 5.907957%
Weighted Average Maturity(Stepdown Calculation ) 297
Beginning Scheduled Collateral Loan Count 1,109
Number Of Loans Paid In Full 33
Ending Scheduled Collateral Loan Count 1,076
Beginning Scheduled Collateral Balance 517,675,147.97
Ending Scheduled Collateral Balance 502,263,523.84
Ending Actual Collateral Balance at 31-Oct-2004 503,036,281.96
Monthly P &I Constant 3,620,031.34
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 17,794,815.67
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 502,263,523.84
Scheduled Principal 962,003.48
Unscheduled Principal 14,449,620.65
<caption>
Miscellaneous Reporting
Senior % 96.596737%
Subordinate % 3.403263%
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 5.963525 5.939537 5.373133
Weighted Average Net Rate 5.713525 5.689537 5.123133
Weighted Average Maturity 349 349 169
Beginning Loan Count 431 165 134
Loans Paid In Full 9 4 2
Ending Loan Count 422 161 132
Beginning Scheduled Balance 213,173,983.67 82,412,235.12 64,646,308.20
Ending scheduled Balance 208,446,277.78 80,296,788.87 63,924,759.25
Record Date 10/31/2004 10/31/2004 10/31/2004
Principal And Interest Constant 1,289,336.60 496,807.83 554,532.94
Scheduled Principal 229,946.27 88,899.05 265,071.92
Unscheduled Principal 4,497,759.62 2,026,547.20 456,477.03
Scheduled Interest 1,059,390.33 407,908.78 289,461.02
Servicing Fees 44,411.25 17,169.21 13,467.97
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 621.77 240.37 188.56
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 1,014,357.31 390,499.20 275,804.49
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 5.710025 5.686037 5.119633
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 5.387262 7.163506 6.161457
Weighted Average Net Rate 5.137261 6.913506 5.911457
Weighted Average Maturity 169 285 297
Beginning Loan Count 53 326 1,109
Loans Paid In Full 0 18 33
Ending Loan Count 53 308 1,076
Beginning Scheduled Balance 26,077,443.99 131,365,176.99 517,675,147.97
Ending scheduled Balance 25,955,396.77 123,640,301.17 502,263,523.84
Record Date 10/31/2004 10/31/2004 10/31/2004
Principal And Interest Constant 222,188.73 1,057,165.24 3,620,031.34
Scheduled Principal 105,117.05 272,969.19 962,003.48
Unscheduled Principal 16,930.17 7,451,906.63 14,449,620.65
Scheduled Interest 117,071.68 784,196.05 2,658,027.86
Servicing Fees 5,432.81 27,367.76 107,849.00
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 76.06 383.14 1,509.90
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 111,562.81 756,445.15 2,548,668.96
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 5.133762 6.910006 5.907957
<caption>
Miscellaneous Reporting
Group 1 - 30 Year Fixed
Group 1 CPR 22.599472%
Group 1 Subordinate % 3.679769%
Group 1 Subordinate Prepayment % 0.000000%
Group 1 Senior % 96.320231%
Group 1 Senior Prepayment % 4497508.956635%
Group 2 - 30 Year Fixed
Group 2 CPR 25.851461%
Group 2 Subordinate % 2.931436%
Group 2 Subordinate Prepayment % 0.000000%
Group 2 Senior % 97.068564%
Group 2 Senior Prepayment % 2026539.691125%
Group 3 - 15 Year Fixed
Group 3 CPR 8.184190%
Group 3 Subordinate % 1.680176%
Group 3 Subordinate Prepayment % 0.000000%
Group 3 Senior % 98.319824%
Group 3 Senior Prepayment % 456177.085014%
<caption>
Miscellaneous Reporting
Group 4 - 15 Year Fixed
Group 4 CPR 0.779427%
Group 4 Subordinate % 3.069386%
Group 4 Subordinate Prepayment % 0.000000%
Group 4 Senior % 96.930614%
Group 4 Senior Prepayment % 16902.776581%
Group 5 - 30 Year Fixed
Group 5 CPR 50.455196%
Group 5 Subordinate % 4.166273%
Group 5 Subordinate Prepayment % 0.000000%
Group 5 Senior % 95.833727%
Group 5 Senior Prepayment % 7430009.450431%
Group