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 ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-10 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-17 54-2135813
Pooling and Servicing Agreement) (Commission 54-2135814
(State or other File Number) IRS EIN
jurisdiction
of Incorporation)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
On November 26, 2004 a distribution was made to holders of BANC OF AMERICA
ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-10
Trust.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Mortgage Pass-Through Certificates,
Series 2003-10 Trust, relating to the
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 ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-10 Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Assistant Vice President
By: Beth Belfield as Assistant Vice President
Date: 11/26/2004
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2003-10 Trust,
relating to the November 26, 2004 distribution.
EX-99.1
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 10/31/2004
Distribution Date: 11/26/2004
BAA Series: 2003-10
Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 815-6600
Fax: (301) 815-6660
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<s> <c> <c> <c> <c> <c> <c>
1-A-1 05948KGY9 SEN 5.50000% 57,163,683.45 262,000.21 934,209.81
1-A-R 05948KGZ6 SEN 5.50000% 0.00 0.00 0.00
1-A-LR 05948KHA0 SEN 5.50000% 0.00 0.00 0.00
2-A-1 05948KHB8 SEN 6.00000% 29,997,310.02 149,986.55 588,552.40
2-A-2 05948KHC6 SEN 2.38250% 53,284,240.91 105,791.42 1,149,082.81
2-A-3 05948KHD4 SEN 14.68200% 22,201,768.15 271,638.63 478,784.53
2-A-4 05948KHE2 SEN 6.00000% 5,963,354.49 29,816.77 (29,816.77)
3-A-1 05948KHF9 SEN 5.50000% 71,631,427.32 328,310.71 1,731,858.80
CB-IO 05948KHG7 IO 0.40429% 0.00 55,986.59 0.00
4-A-1 05948KHH5 SEN 5.50000% 20,890,853.44 95,749.74 792,377.35
4-A-2 05948KHJ1 SEN 5.50000% 2,341,000.00 10,729.58 0.00
4-A-3 05948KHK8 SEN 5.50000% 2,341,000.00 10,729.58 0.00
4-IO 05948KHL6 IO 0.53015% 0.00 9,007.86 0.00
5-A-1 05948KHM4 SEN 4.50000% 64,681,227.53 242,554.60 1,036,631.30
5-A-2 05948KHN2 SEN 4.50000% 1,192,017.92 4,470.07 19,104.20
6-A-1 05948KHP7 SEN 5.25000% 1,430,387.12 6,257.94 23,224.57
6-A-2 05948KHQ5 SEN 5.50000% 39,087,596.69 179,151.48 634,648.14
6-A-3 05948KHR3 SEN 5.00000% 39,087,596.69 162,864.99 634,648.14
15-IO 05948KHS1 IO 0.38544% 0.00 31,389.74 0.00
PO 05948KHT9 PO 0.00000% 4,993,709.23 0.00 86,759.09
15-B-1 05948KHX0 SUB 4.91848% 1,867,359.44 7,653.80 8,037.33
15-B-2 05948KHY8 SUB 4.91848% 568,908.79 2,331.80 2,448.65
15-B-3 05948KHZ5 SUB 4.91848% 567,952.64 2,327.88 2,444.53
15-B-4 05948KJE0 SUB 4.91848% 243,818.05 999.34 1,049.42
15-B-5 05948KJF7 SUB 4.91848% 162,545.37 666.23 699.61
15-B-6 05948KJG5 SUB 4.91848% 243,750.20 999.07 1,049.13
30-B-1 05948KHU6 SUB 5.71034% 7,658,446.36 36,443.62 8,549.87
30-B-2 05948KHV4 SUB 5.71034% 3,329,630.38 15,844.44 3,717.19
30-B-3 05948KHW2 SUB 5.71034% 1,665,309.35 7,924.57 1,859.15
30-B-4 05948KJB6 SUB 5.71034% 1,664,321.03 7,919.87 1,858.04
30-B-5 05948KJC4 SUB 5.71034% 1,165,222.38 5,544.85 1,300.85
30-B-6 05948KJD2 SUB 5.71034% 1,332,269.31 6,339.76 1,487.33
SES 05948KJA8 SEN 0.00000% 0.00 79,643.58 0.00
Totals 436,756,706.26 2,131,075.27 8,114,565.47
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-A-1 0.00 56,229,473.64 1,196,210.02 0.00
1-A-R 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.00 0.00
2-A-1 0.00 29,408,757.62 738,538.95 0.00
2-A-2 0.00 52,135,158.10 1,254,874.23 0.00
2-A-3 0.00 21,722,983.62 750,423.16 0.00
2-A-4 0.00 5,993,171.26 0.00 0.00
3-A-1 0.00 69,899,568.52 2,060,169.51 0.00
CB-IO 0.00 0.00 55,986.59 0.00
4-A-1 0.00 20,098,476.09 888,127.09 0.00
4-A-2 0.00 2,341,000.00 10,729.58 0.00
4-A-3 0.00 2,341,000.00 10,729.58 0.00
4-IO 0.00 0.00 9,007.86 0.00
5-A-1 0.00 63,644,596.23 1,279,185.90 0.00
5-A-2 0.00 1,172,913.72 23,574.27 0.00
6-A-1 0.00 1,407,162.55 29,482.51 0.00
6-A-2 0.00 38,452,948.55 813,799.62 0.00
6-A-3 0.00 38,452,948.55 797,513.13 0.00
15-IO 0.00 0.00 31,389.74 0.00
PO 0.00 4,906,950.14 86,759.09 0.00
15-B-1 0.00 1,859,322.11 15,691.13 0.00
15-B-2 0.00 566,460.14 4,780.45 0.00
15-B-3 0.00 565,508.11 4,772.41 0.00
15-B-4 0.00 242,768.63 2,048.76 0.00
15-B-5 0.00 161,845.75 1,365.84 0.00
15-B-6 0.00 242,701.07 2,048.20 0.00
30-B-1 0.00 7,649,896.49 44,993.49 0.00
30-B-2 0.00 3,325,913.19 19,561.63 0.00
30-B-3 0.00 1,663,450.20 9,783.72 0.00
30-B-4 0.00 1,662,462.99 9,777.91 0.00
30-B-5 0.00 1,163,921.53 6,845.70 0.00
30-B-6 0.00 1,330,781.98 7,827.09 0.00
SES 0.00 0.00 79,643.58 0.00
Totals 0.00 428,642,140.78 10,245,640.74 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<s> <c> <c> <c> <c> <c> <c>
1-A-1 61,876,000.00 57,163,683.45 71,610.61 862,599.21 0.00 0.00
1-A-R 50.00 0.00 0.00 0.00 0.00 0.00
1-A-LR 50.00 0.00 0.00 0.00 0.00 0.00
2-A-1 36,000,000.00 29,997,310.02 31,540.35 557,012.05 0.00 0.00
2-A-2 65,013,882.00 53,284,240.91 61,579.01 1,087,503.80 0.00 0.00
2-A-3 27,089,118.00 22,201,768.15 25,657.92 453,126.61 0.00 0.00
2-A-4 5,645,000.00 5,963,354.49 0.00 0.00 (29,816.77) 0.00
3-A-1 86,988,000.00 71,631,427.32 81,070.81 1,650,787.98 0.00 0.00
CB-IO 0.00 0.00 0.00 0.00 0.00 0.00
4-A-1 28,208,000.00 20,890,853.44 27,556.09 764,821.26 0.00 0.00
4-A-2 2,341,000.00 2,341,000.00 0.00 0.00 0.00 0.00
4-A-3 2,341,000.00 2,341,000.00 0.00 0.00 0.00 0.00
4-IO 0.00 0.00 0.00 0.00 0.00 0.00
5-A-1 71,463,000.00 64,681,227.53 290,298.99 746,332.31 0.00 0.00
5-A-2 1,317,000.00 1,192,017.92 5,349.95 13,754.25 0.00 0.00
6-A-1 1,655,000.00 1,430,387.12 5,948.01 17,276.56 0.00 0.00
6-A-2 45,225,500.00 39,087,596.69 162,538.87 472,109.27 0.00 0.00
6-A-3 45,225,500.00 39,087,596.69 162,538.87 472,109.27 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
PO 5,471,808.00 4,993,709.23 9,955.95 76,803.14 0.00 0.00
15-B-1 1,953,000.00 1,867,359.44 8,037.33 0.00 0.00 0.00
15-B-2 595,000.00 568,908.79 2,448.65 0.00 0.00 0.00
15-B-3 594,000.00 567,952.64 2,444.53 0.00 0.00 0.00
15-B-4 255,000.00 243,818.05 1,049.42 0.00 0.00 0.00
15-B-5 170,000.00 162,545.37 699.61 0.00 0.00 0.00
15-B-6 254,929.00 243,750.20 1,049.13 0.00 0.00 0.00
30-B-1 7,749,000.00 7,658,446.36 8,549.87 0.00 0.00 0.00
30-B-2 3,369,000.00 3,329,630.38 3,717.19 0.00 0.00 0.00
30-B-3 1,685,000.00 1,665,309.35 1,859.15 0.00 0.00 0.00
30-B-4 1,684,000.00 1,664,321.03 1,858.04 0.00 0.00 0.00
30-B-5 1,179,000.00 1,165,222.38 1,300.85 0.00 0.00 0.00
30-B-6 1,348,022.00 1,332,269.31 1,487.33 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 506,695,859.00 436,756,706.26 970,146.53 7,174,235.71 (29,816.77) 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
1-A-1 934,209.81 56,229,473.64 0.90874448 934,209.81
1-A-R 0.00 0.00 0.00000000 0.00
1-A-LR 0.00 0.00 0.00000000 0.00
2-A-1 588,552.40 29,408,757.62 0.81690993 588,552.40
2-A-2 1,149,082.81 52,135,158.10 0.80190809 1,149,082.81
2-A-3 478,784.53 21,722,983.62 0.80190812 478,784.53
2-A-4 (29,816.77) 5,993,171.26 1.06167781 (29,816.77)
3-A-1 1,731,858.80 69,899,568.52 0.80355415 1,731,858.80
CB-IO 0.00 0.00 0.00000000 0.00
4-A-1 792,377.35 20,098,476.09 0.71250979 792,377.35
4-A-2 0.00 2,341,000.00 1.00000000 0.00
4-A-3 0.00 2,341,000.00 1.00000000 0.00
4-IO 0.00 0.00 0.00000000 0.00
5-A-1 1,036,631.30 63,644,596.23 0.89059508 1,036,631.30
5-A-2 19,104.20 1,172,913.72 0.89059508 19,104.20
6-A-1 23,224.57 1,407,162.55 0.85024927 23,224.57
6-A-2 634,648.14 38,452,948.55 0.85024927 634,648.14
6-A-3 634,648.14 38,452,948.55 0.85024927 634,648.14
15-IO 0.00 0.00 0.00000000 0.00
PO 86,759.09 4,906,950.14 0.89676943 86,759.09
15-B-1 8,037.33 1,859,322.11 0.95203385 8,037.33
15-B-2 2,448.65 566,460.14 0.95203385 2,448.65
15-B-3 2,444.53 565,508.11 0.95203386 2,444.53
15-B-4 1,049.42 242,768.63 0.95203384 1,049.42
15-B-5 699.61 161,845.75 0.95203382 699.61
15-B-6 1,049.13 242,701.07 0.95203398 1,049.13
30-B-1 8,549.87 7,649,896.49 0.98721080 8,549.87
30-B-2 3,717.19 3,325,913.19 0.98721080 3,717.19
30-B-3 1,859.15 1,663,450.20 0.98721080 1,859.15
30-B-4 1,858.04 1,662,462.99 0.98721080 1,858.04
30-B-5 1,300.85 1,163,921.53 0.98721080 1,300.85
30-B-6 1,487.33 1,330,781.98 0.98721088 1,487.33
SES 0.00 0.00 0.00000000 0.00
Totals 8,114,565.47 428,642,140.78 0.84595548 8,114,565.47
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<s> <c> <c> <c> <c> <c>
1-A-1 61,876,000.00 923.84257951 1.15732449 13.94077203 0.00000000
1-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 36,000,000.00 833.25861167 0.87612083 15.47255694 0.00000000
2-A-2 65,013,882.00 819.58251485 0.94716710 16.72725527 0.00000000
2-A-3 27,089,118.00 819.58254049 0.94716705 16.72725594 0.00000000
2-A-4 5,645,000.00 1056.39583525 0.00000000 0.00000000 (5.28197874)
3-A-1 86,988,000.00 823.46332046 0.93197694 18.97719203 0.00000000
CB-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 28,208,000.00 740.60030630 0.97688918 27.11362947 0.00000000
4-A-2 2,341,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
4-A-3 2,341,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
4-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
5-A-1 71,463,000.00 905.10092677 4.06222787 10.44361852 0.00000000
5-A-2 1,317,000.00 905.10092635 4.06222475 10.44362187 0.00000000
6-A-1 1,655,000.00 864.28224773 3.59396375 10.43900906 0.00000000
6-A-2 45,225,500.00 864.28224541 3.59396513 10.43900609 0.00000000
6-A-3 45,225,500.00 864.28224541 3.59396513 10.43900609 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 5,471,808.00 912.62508297 1.81949915 14.03615405 0.00000000
15-B-1 1,953,000.00 956.14922683 4.11537634 0.00000000 0.00000000
15-B-2 595,000.00 956.14922689 4.11537815 0.00000000 0.00000000
15-B-3 594,000.00 956.14922559 4.11537037 0.00000000 0.00000000
15-B-4 255,000.00 956.14921569 4.11537255 0.00000000 0.00000000
15-B-5 170,000.00 956.14923529 4.11535294 0.00000000 0.00000000
15-B-6 254,929.00 956.14935923 4.11538115 0.00000000 0.00000000
30-B-1 7,749,000.00 988.31415150 1.10335140 0.00000000 0.00000000
30-B-2 3,369,000.00 988.31415257 1.10335114 0.00000000 0.00000000
30-B-3 1,685,000.00 988.31415430 1.10335312 0.00000000 0.00000000
30-B-4 1,684,000.00 988.31415083 1.10334917 0.00000000 0.00000000
30-B-5 1,179,000.00 988.31414758 1.10335030 0.00000000 0.00000000
30-B-6 1,348,022.00 988.31421891 1.10334253 0.00000000 0.00000000
SES 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All Classes are per $1,000 denomination.
</FN>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
1-A-1 0.00000000 15.09809635 908.74448316 0.90874448 15.09809635
1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 16.34867778 816.90993389 0.81690993 16.34867778
2-A-2 0.00000000 17.67442236 801.90809249 0.80190809 17.67442236
2-A-3 0.00000000 17.67442299 801.90811750 0.80190812 17.67442299
2-A-4 0.00000000 (5.28197874) 1,061.67781399 1.06167781 (5.28197874)
3-A-1 0.00000000 19.90916908 803.55415138 0.80355415 19.90916908
CB-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 0.00000000 28.09051865 712.50978765 0.71250979 28.09051865
4-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
4-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
4-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
5-A-1 0.00000000 14.50584638 890.59508039 0.89059508 14.50584638
5-A-2 0.00000000 14.50584662 890.59507973 0.89059508 14.50584662
6-A-1 0.00000000 14.03297281 850.24927492 0.85024927 14.03297281
6-A-2 0.00000000 14.03297122 850.24927419 0.85024927 14.03297122
6-A-3 0.00000000 14.03297122 850.24927419 0.85024927 14.03297122
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 15.85565320 896.76942978 0.89676943 15.85565320
15-B-1 0.00000000 4.11537634 952.03385049 0.95203385 4.11537634
15-B-2 0.00000000 4.11537815 952.03384874 0.95203385 4.11537815
15-B-3 0.00000000 4.11537037 952.03385522 0.95203386 4.11537037
15-B-4 0.00000000 4.11537255 952.03384314 0.95203384 4.11537255
15-B-5 0.00000000 4.11535294 952.03382353 0.95203382 4.11535294
15-B-6 0.00000000 4.11538115 952.03397809 0.95203398 4.11538115
30-B-1 0.00000000 1.10335140 987.21080010 0.98721080 1.10335140
30-B-2 0.00000000 1.10335114 987.21080142 0.98721080 1.10335114
30-B-3 0.00000000 1.10335312 987.21080119 0.98721080 1.10335312
30-B-4 0.00000000 1.10334917 987.21080166 0.98721080 1.10334917
30-B-5 0.00000000 1.10335030 987.21079729 0.98721080 1.10335030
30-B-6 0.00000000 1.10334253 987.21087638 0.98721088 1.10334253
SES 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
1-A-1 61,876,000.00 5.50000% 57,163,683.45 262,000.22 0.00 0.00
1-A-R 50.00 5.50000% 0.00 0.00 0.00 0.00
1-A-LR 50.00 5.50000% 0.00 0.00 0.00 0.00
2-A-1 36,000,000.00 6.00000% 29,997,310.02 149,986.55 0.00 0.00
2-A-2 65,013,882.00 2.38250% 53,284,240.91 105,791.42 0.00 0.00
2-A-3 27,089,118.00 14.68200% 22,201,768.15 271,638.63 0.00 0.00
2-A-4 5,645,000.00 6.00000% 5,963,354.49 29,816.77 0.00 0.00
3-A-1 86,988,000.00 5.50000% 71,631,427.32 328,310.71 0.00 0.00
CB-IO 0.00 0.40429% 166,178,429.26 55,986.59 0.00 0.00
4-A-1 28,208,000.00 5.50000% 20,890,853.44 95,749.74 0.00 0.00
4-A-2 2,341,000.00 5.50000% 2,341,000.00 10,729.58 0.00 0.00
4-A-3 2,341,000.00 5.50000% 2,341,000.00 10,729.58 0.00 0.00
4-IO 0.00 0.53015% 20,389,395.89 9,007.86 0.00 0.00
5-A-1 71,463,000.00 4.50000% 64,681,227.53 242,554.60 0.00 0.00
5-A-2 1,317,000.00 4.50000% 1,192,017.92 4,470.07 0.00 0.00
6-A-1 1,655,000.00 5.25000% 1,430,387.12 6,257.94 0.00 0.00
6-A-2 45,225,500.00 5.50000% 39,087,596.69 179,151.48 0.00 0.00
6-A-3 45,225,500.00 5.00000% 39,087,596.69 162,864.99 0.00 0.00
15-IO 0.00 0.38544% 97,726,161.60 31,389.74 0.00 0.00
PO 5,471,808.00 0.00000% 4,993,709.23 0.00 0.00 0.00
15-B-1 1,953,000.00 4.91848% 1,867,359.44 7,653.80 0.00 0.00
15-B-2 595,000.00 4.91848% 568,908.79 2,331.80 0.00 0.00
15-B-3 594,000.00 4.91848% 567,952.64 2,327.88 0.00 0.00
15-B-4 255,000.00 4.91848% 243,818.05 999.34 0.00 0.00
15-B-5 170,000.00 4.91848% 162,545.37 666.23 0.00 0.00
15-B-6 254,929.00 4.91848% 243,750.20 999.07 0.00 0.00
30-B-1 7,749,000.00 5.71034% 7,658,446.36 36,443.62 0.00 0.00
30-B-2 3,369,000.00 5.71034% 3,329,630.38 15,844.44 0.00 0.00
30-B-3 1,685,000.00 5.71034% 1,665,309.35 7,924.57 0.00 0.00
30-B-4 1,684,000.00 5.71034% 1,664,321.03 7,919.87 0.00 0.00
30-B-5 1,179,000.00 5.71034% 1,165,222.38 5,544.85 0.00 0.00
30-B-6 1,348,022.00 5.71034% 1,332,269.31 6,339.76 0.00 0.00
SES 0.00 0.00000% 436,756,706.52 0.00 0.00 0.00
Totals 506,695,859.00 2,051,431.70 0.00 0.00
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
1-A-1 0.00 0.00 262,000.21 0.00 56,229,473.64
1-A-R 0.00 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.00 0.00 0.00
2-A-1 0.00 0.00 149,986.55 0.00 29,408,757.62
2-A-2 0.00 0.00 105,791.42 0.00 52,135,158.10
2-A-3 0.00 0.00 271,638.63 0.00 21,722,983.62
2-A-4 0.00 0.00 29,816.77 0.00 5,993,171.26
3-A-1 0.00 0.00 328,310.71 0.00 69,899,568.52
CB-IO 0.00 0.00 55,986.59 0.00 162,835,020.93
4-A-1 0.00 0.00 95,749.74 0.00 20,098,476.09
4-A-2 0.00 0.00 10,729.58 0.00 2,341,000.00
4-A-3 0.00 0.00 10,729.58 0.00 2,341,000.00
4-IO 0.00 0.00 9,007.86 0.00 19,603,755.74
5-A-1 0.00 0.00 242,554.60 0.00 63,644,596.23
5-A-2 0.00 0.00 4,470.07 0.00 1,172,913.72
6-A-1 0.00 0.00 6,257.94 0.00 1,407,162.55
6-A-2 0.00 0.00 179,151.48 0.00 38,452,948.55
6-A-3 0.00 0.00 162,864.99 0.00 38,452,948.55
15-IO 0.00 0.00 31,389.74 0.00 96,158,406.04
PO 0.00 0.00 0.00 0.00 4,906,950.14
15-B-1 0.00 0.00 7,653.80 0.00 1,859,322.11
15-B-2 0.00 0.00 2,331.80 0.00 566,460.14
15-B-3 0.00 0.00 2,327.88 0.00 565,508.11
15-B-4 0.00 0.00 999.34 0.00 242,768.63
15-B-5 0.00 0.00 666.23 0.00 161,845.75
15-B-6 0.00 0.00 999.07 0.00 242,701.07
30-B-1 0.00 0.00 36,443.62 0.00 7,649,896.49
30-B-2 0.00 0.00 15,844.44 0.00 3,325,913.19
30-B-3 0.00 0.00 7,924.57 0.00 1,663,450.20
30-B-4 0.00 0.00 7,919.87 0.00 1,662,462.99
30-B-5 0.00 0.00 5,544.85 0.00 1,163,921.53
30-B-6 0.00 0.00 6,339.76 0.00 1,330,781.98
SES 0.00 0.00 79,643.58 0.00 428,642,141.04
Totals 0.00 0.00 2,131,075.27 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<s> <c> <c> <c> <c> <c> <c>
1-A-1 61,876,000.00 5.50000% 923.84257951 4.23427856 0.00000000 0.00000000
1-A-R 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 36,000,000.00 6.00000% 833.25861167 4.16629306 0.00000000 0.00000000
2-A-2 65,013,882.00 2.38250% 819.58251485 1.62721279 0.00000000 0.00000000
2-A-3 27,089,118.00 14.68200% 819.58254049 10.02759226 0.00000000 0.00000000
2-A-4 5,645,000.00 6.00000% 1056.39583525 5.28197874 0.00000000 0.00000000
3-A-1 86,988,000.00 5.50000% 823.46332046 3.77420690 0.00000000 0.00000000
CB-IO 0.00 0.40429% 831.01286933 0.27997362 0.00000000 0.00000000
4-A-1 28,208,000.00 5.50000% 740.60030630 3.39441790 0.00000000 0.00000000
4-A-2 2,341,000.00 5.50000% 1000.00000000 4.58333191 0.00000000 0.00000000
4-A-3 2,341,000.00 5.50000% 1000.00000000 4.58333191 0.00000000 0.00000000
4-IO 0.00 0.53015% 748.06596435 0.33048912 0.00000000 0.00000000
5-A-1 71,463,000.00 4.50000% 905.10092677 3.39412843 0.00000000 0.00000000
5-A-2 1,317,000.00 4.50000% 905.10092635 3.39413060 0.00000000 0.00000000
6-A-1 1,655,000.00 5.25000% 864.28224773 3.78123263 0.00000000 0.00000000
6-A-2 45,225,500.00 5.50000% 864.28224541 3.96129352 0.00000000 0.00000000
6-A-3 45,225,500.00 5.00000% 864.28224541 3.60117611 0.00000000 0.00000000
15-IO 0.00 0.38544% 872.32528392 0.28019175 0.00000000 0.00000000
PO 5,471,808.00 0.00000% 912.62508297 0.00000000 0.00000000 0.00000000
15-B-1 1,953,000.00 4.91848% 956.14922683 3.91899642 0.00000000 0.00000000
15-B-2 595,000.00 4.91848% 956.14922689 3.91899160 0.00000000 0.00000000
15-B-3 594,000.00 4.91848% 956.14922559 3.91898990 0.00000000 0.00000000
15-B-4 255,000.00 4.91848% 956.14921569 3.91898039 0.00000000 0.00000000
15-B-5 170,000.00 4.91848% 956.14923529 3.91900000 0.00000000 0.00000000
15-B-6 254,929.00 4.91848% 956.14935923 3.91901274 0.00000000 0.00000000
30-B-1 7,749,000.00 5.71034% 988.31415150 4.70300942 0.00000000 0.00000000
30-B-2 3,369,000.00 5.71034% 988.31415257 4.70300980 0.00000000 0.00000000
30-B-3 1,685,000.00 5.71034% 988.31415430 4.70300890 0.00000000 0.00000000
30-B-4 1,684,000.00 5.71034% 988.31415083 4.70301069 0.00000000 0.00000000
30-B-5 1,179,000.00 5.71034% 988.31414758 4.70301103 0.00000000 0.00000000
30-B-6 1,348,022.00 5.71034% 988.31421891 4.70300930 0.00000000 0.00000000
SES 0.00 0.00000% 861.97014989 0.00000000 0.00000000 0.00000000
<FN>
(5) All Classes are per $1,000 denomination.
</FN>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
1-A-1 0.00000000 0.00000000 4.23427840 0.00000000 908.74448316
1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 0.00000000 4.16629306 0.00000000 816.90993389
2-A-2 0.00000000 0.00000000 1.62721279 0.00000000 801.90809249
2-A-3 0.00000000 0.00000000 10.02759226 0.00000000 801.90811750
2-A-4 0.00000000 0.00000000 5.28197874 0.00000000 1061.67781399
3-A-1 0.00000000 0.00000000 3.77420690 0.00000000 803.55415138
CB-IO 0.00000000 0.00000000 0.27997362 0.00000000 814.29339880
4-A-1 0.00000000 0.00000000 3.39441790 0.00000000 712.50978765
4-A-2 0.00000000 0.00000000 4.58333191 0.00000000 1000.00000000
4-A-3 0.00000000 0.00000000 4.58333191 0.00000000 1000.00000000
4-IO 0.00000000 0.00000000 0.33048912 0.00000000 719.24163529
5-A-1 0.00000000 0.00000000 3.39412843 0.00000000 890.59508039
5-A-2 0.00000000 0.00000000 3.39413060 0.00000000 890.59507973
6-A-1 0.00000000 0.00000000 3.78123263 0.00000000 850.24927492
6-A-2 0.00000000 0.00000000 3.96129352 0.00000000 850.24927419
6-A-3 0.00000000 0.00000000 3.60117611 0.00000000 850.24927419
15-IO 0.00000000 0.00000000 0.28019175 0.00000000 858.33115183
PO 0.00000000 0.00000000 0.00000000 0.00000000 896.76942978
15-B-1 0.00000000 0.00000000 3.91899642 0.00000000 952.03385049
15-B-2 0.00000000 0.00000000 3.91899160 0.00000000 952.03384874
15-B-3 0.00000000 0.00000000 3.91898990 0.00000000 952.03385522
15-B-4 0.00000000 0.00000000 3.91898039 0.00000000 952.03384314
15-B-5 0.00000000 0.00000000 3.91900000 0.00000000 952.03382353
15-B-6 0.00000000 0.00000000 3.91901274 0.00000000 952.03397809
30-B-1 0.00000000 0.00000000 4.70300942 0.00000000 987.21080010
30-B-2 0.00000000 0.00000000 4.70300980 0.00000000 987.21080142
30-B-3 0.00000000 0.00000000 4.70300890 0.00000000 987.21080119
30-B-4 0.00000000 0.00000000 4.70301069 0.00000000 987.21080166
30-B-5 0.00000000 0.00000000 4.70301103 0.00000000 987.21079729
30-B-6 0.00000000 0.00000000 4.70300930 0.00000000 987.21087638
SES 0.00000000 0.00000000 0.15718222 0.00000000 845.95548287
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<s> <c> <c> <c> <c> <c> <c>
1-IO 0.15527% 29,950,944.94 29,669,718.20 0.00 0.00 92.57246199%
2-IO 0.36882% 83,042,392.26 81,390,525.70 0.00 0.00 80.17560508%
3-IO 0.59991% 53,185,092.06 51,774,777.03 0.00 0.00 77.96777117%
4-IO 0.53015% 20,389,395.89 19,603,755.74 0.00 0.00 71.92416353%
5-IO 0.30632% 46,195,207.70 45,520,160.61 0.00 0.00 88.91973885%
6-IO 0.45637% 51,530,953.90 50,638,245.43 0.00 0.00 83.23582236%
1-PO 0.00000% 0.00 0.00 1,650,427.47 1,622,026.59 91.17610697%
2-PO 0.00000% 0.00 0.00 650,577.97 632,177.66 88.60556376%
3-PO 0.00000% 0.00 0.00 1,512,781.89 1,499,852.58 90.99644715%
4-PO 0.00000% 0.00 0.00 190,397.98 190,167.76 86.11071314%
5-PO 0.00000% 0.00 0.00 665,901.83 640,758.40 84.17463956%
6-PO 0.00000% 0.00 0.00 323,622.09 321,967.14 92.25155153%
1-SES 0.00000% 62,155,193.09 61,188,396.92 0.00 0.00 91.27030584%
2-SES 0.00000% 119,171,108.44 116,958,667.43 0.00 0.00 82.58983704%
3-SES 0.00000% 77,803,095.37 76,053,034.44 0.00 0.00 81.47016428%
4-SES 0.00000% 27,504,624.82 26,710,140.84 0.00 0.00 76.59440552%
5-SES 0.00000% 68,154,477.97 67,066,349.21 0.00 0.00 89.14353685%
6-SES 0.00000% 81,968,206.83 80,665,552.20 0.00 0.00 85.28451774%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 10,265,476.75
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 10,265,476.75
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 19,836.01
Payment of Interest and Principal 10,245,640.74
Total Withdrawals (Pool Distribution Amount) 10,265,476.75
Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<s> <c>
Total Prepayment/Curtailment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES
<s> <c>
Gross Servicing Fee 18,198.20
Trustee Fee - Wells Fargo Bank, N.A. 1,637.81
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 19,836.01
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 7 1 0 8
723,982.32 116,948.33 0.00 840,930.65
30 Days 39 0 0 0 39
4,360,638.33 0.00 0.00 0.00 4,360,638.33
60 Days 4 0 0 0 4
382,033.51 0.00 0.00 0.00 382,033.51
90 Days 2 0 0 0 2
269,108.90 0.00 0.00 0.00 269,108.90
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 1 0 0 0 1
281,472.46 0.00 0.00 0.00 281,472.46
180+ Days 1 0 1 0 2
108,425.48 0.00 29,751.58 0.00 138,177.06
Totals 47 7 2 0 56
5,401,678.68 723,982.32 146,699.91 0.00 6,272,360.91
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 0.193103% 0.027586% 0.000000% 0.220690%
0.168574% 0.027231% 0.000000% 0.195805%
30 Days 1.075862% 0.000000% 0.000000% 0.000000% 1.075862%
1.015344% 0.000000% 0.000000% 0.000000% 1.015344%
60 Days 0.110345% 0.000000% 0.000000% 0.000000% 0.110345%
0.088954% 0.000000% 0.000000% 0.000000% 0.088954%
90 Days 0.055172% 0.000000% 0.000000% 0.000000% 0.055172%
0.062660% 0.000000% 0.000000% 0.000000% 0.062660%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.027586% 0.000000% 0.000000% 0.000000% 0.027586%
0.065539% 0.000000% 0.000000% 0.000000% 0.065539%
180+ Days 0.027586% 0.000000% 0.027586% 0.000000% 0.055172%
0.025246% 0.000000% 0.006927% 0.000000% 0.032174%
Totals 1.296552% 0.193103% 0.055172% 0.000000% 1.544828%
1.257743% 0.168574% 0.034158% 0.000000% 1.460476%
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 8 0 0 0 8
677,123.04 0.00 0.00 0.00 677,123.04
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 8 0 0 0 8
677,123.04 0.00 0.00 0.00 677,123.04
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.649485% 0.000000% 0.000000% 0.000000% 1.649485%
1.105365% 0.000000% 0.000000% 0.000000% 1.105365%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 1.649485% 0.000000% 0.000000% 0.000000% 1.649485%
1.105365% 0.000000% 0.000000% 0.000000% 1.105365%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
2 - 30 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 1 0 0 1
96,274.82 0.00 0.00 96,274.82
30 Days 7 0 0 0 7
1,260,654.97 0.00 0.00 0.00 1,260,654.97
60 Days 2 0 0 0 2
257,580.25 0.00 0.00 0.00 257,580.25
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 9 1 0 0 10
1,518,235.22 96,274.82 0.00 0.00 1,614,510.04
0-29 Days 0.100503% 0.000000% 0.000000% 0.100503%
0.082241% 0.000000% 0.000000% 0.082241%
30 Days 0.703518% 0.000000% 0.000000% 0.000000% 0.703518%
1.076895% 0.000000% 0.000000% 0.000000% 1.076895%
60 Days 0.201005% 0.000000% 0.000000% 0.000000% 0.201005%
0.220034% 0.000000% 0.000000% 0.000000% 0.220034%
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 0.904523% 0.100503% 0.000000% 0.000000% 1.005025%
1.296929% 0.082241% 0.000000% 0.000000% 1.379170%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
3 - 30 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 5 1 0 6
522,698.18 116,948.33 0.00 639,646.51
30 Days 12 0 0 0 12
1,454,707.69 0.00 0.00 0.00 1,454,707.69
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 1 0 0 0 1
238,188.26 0.00 0.00 0.00 238,188.26
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 1 0 0 0 1
281,472.46 0.00 0.00 0.00 281,472.46
180 Days 1 0 0 0 1
108,425.48 0.00 0.00 0.00 108,425.48
Totals 15 5 1 0 21
2,082,793.89 522,698.18 116,948.33 0.00 2,722,440.40
0-29 Days 0.909091% 0.181818% 0.000000% 1.090909%
0.686584% 0.153616% 0.000000% 0.840200%
30 Days 2.181818% 0.000000% 0.000000% 0.000000% 2.181818%
1.910813% 0.000000% 0.000000% 0.000000% 1.910813%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.181818% 0.000000% 0.000000% 0.000000% 0.181818%
0.312869% 0.000000% 0.000000% 0.000000% 0.312869%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.181818% 0.000000% 0.000000% 0.000000% 0.181818%
0.369725% 0.000000% 0.000000% 0.000000% 0.369725%
180 Days 0.181818% 0.000000% 0.000000% 0.000000% 0.181818%
0.142421% 0.000000% 0.000000% 0.000000% 0.142421%
Totals 2.727273% 0.909091% 0.181818% 0.000000% 3.818182%
2.735828% 0.686584% 0.153616% 0.000000% 3.576028%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
4 - 30 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 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 - 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
105,009.32 0.00 0.00 105,009.32
30 Days 4 0 0 0 4
264,181.08 0.00 0.00 0.00 264,181.08
60 Days 2 0 0 0 2
124,453.26 0.00 0.00 0.00 124,453.26
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 6 1 0 0 7
388,634.34 105,009.32 0.00 0.00 493,643.66
0-29 Days 0.162338% 0.000000% 0.000000% 0.162338%
0.155968% 0.000000% 0.000000% 0.155968%
30 Days 0.649351% 0.000000% 0.000000% 0.000000% 0.649351%
0.392382% 0.000000% 0.000000% 0.000000% 0.392382%
60 Days 0.324675% 0.000000% 0.000000% 0.000000% 0.324675%
0.184848% 0.000000% 0.000000% 0.000000% 0.184848%
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 0.974026% 0.162338% 0.000000% 0.000000% 1.136364%
0.577230% 0.155968% 0.000000% 0.000000% 0.733198%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
6 - 15 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 8 0 0 0 8
703,971.55 0.00 0.00 0.00 703,971.55
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 1 0 0 0 1
30,920.64 0.00 0.00 0.00 30,920.64
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 29,751.58 0.00 29,751.58
Totals 9 0 1 0 10
734,892.19 0.00 29,751.58 0.00 764,643.77
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.864865% 0.000000% 0.000000% 0.000000% 0.864865%
0.869534% 0.000000% 0.000000% 0.000000% 0.869534%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.108108% 0.000000% 0.000000% 0.000000% 0.108108%
0.038193% 0.000000% 0.000000% 0.000000% 0.038193%
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% 0.108108% 0.000000% 0.108108%
0.000000% 0.000000% 0.036749% 0.000000% 0.036749%
Totals 0.972973% 0.000000% 0.108108% 0.000000% 1.081081%
0.907727% 0.000000% 0.036749% 0.000000% 0.944475%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 36,001.85
COLLATERAL STATEMENT
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 5.890860%
Weighted Average Pass-Through Rate 5.636360%
Weighted Average Maturity(Stepdown Calculation ) 281
Beginning Scheduled Collateral Loan Count 3,674
Number Of Loans Paid In Full 49
Ending Scheduled Collateral Loan Count 3,625
Beginning Scheduled Collateral Balance 436,756,706.52
Ending Scheduled Collateral Balance 428,642,141.04
Ending Actual Collateral Balance at 31-Oct-2004 429,473,881.82
Monthly P &I Constant 3,112,609.21
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Class A Non-PO Optimal Amount 9,862,982.66
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 428,642,141.04
Scheduled Principal 968,548.69
Unscheduled Principal 7,146,016.79
Group Level Collateral Statement
Group 1 - 30 Year Fixed 2 - 30 Year Fixed 3 - 30 Year Fixed
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 5.683276 6.478747 6.057650
Weighted Average Net Rate 5.433276 6.228747 5.807650
Weighted Average Maturity 336 342 341
Beginning Loan Count 489 1,013 560
Loans Paid In Full 4 18 10
Ending Loan Count 485 995 550
Beginning Scheduled Balance 62,155,193.09 119,171,108.44 77,803,095.37
Ending scheduled Balance 61,188,396.92 116,958,667.43 76,053,034.44
Record Date 10/31/2004 10/31/2004 10/31/2004
Principal And Interest Constant 372,510.17 768,735.14 481,258.86
Scheduled Principal 78,139.26 125,335.61 88,505.61
Unscheduled Principal 888,656.91 2,087,105.40 1,661,555.32
Scheduled Interest 294,370.91 643,399.53 392,753.25
Servicing Fees 12,949.00 24,827.31 16,208.97
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 233.09 446.88 291.75
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 281,188.82 618,125.34 376,252.53
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 5.428776 6.224247 5.803150
Group Level Collateral Statement
Group 4 - 30 Year Fixed 5 - 15 Year Fixed 6 - 15 Year Fixed
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 6.109431 4.918155 5.770680
Weighted Average Net Rate 5.859431 4.668155 5.520680
Weighted Average Maturity 344 161 163
Beginning Loan Count 56 622 934
Loans Paid In Full 2 6 9
Ending Loan Count 54 616 925
Beginning Scheduled Balance 27,504,624.82 68,154,477.97 81,968,206.83
Ending scheduled Balance 26,710,140.84 67,066,349.21 80,665,552.20
Record Date 10/31/2004 10/31/2004 10/31/2004
Principal And Interest Constant 169,689.02 585,385.22 735,030.80
Scheduled Principal 29,657.68 306,056.64 340,853.89
Unscheduled Principal 764,826.30 782,072.12 961,800.74
Scheduled Interest 140,031.34 279,328.58 394,176.91
Servicing Fees 5,730.13 14,198.85 17,076.71
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 103.15 255.57 307.37
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 134,198.06 264,874.16 376,792.83
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 5.854931 4.663655 5.516180
Group Level Collateral Statement
Group Total
Collateral Description Mixed Fixed
Weighted Average Coupon Rate 5.890860
Weighted Average Net Rate 5.640860
Weighted Average Maturity 281.00
Record Date 10/31/2004
Principal And Interest Constant 3,112,609.21
Beginning Loan Count 3,674
Loans Paid In Full 49
Ending Loan Count 3,625
Beginning Scheduled Balance 436,756,706.52
Ending Scheduled Balance 428,642,141.04
Scheduled Principal 968,548.69
Unscheduled Principal 7,146,016.79
Scheduled Interest 2,144,060.52
Servicing Fee 90,990.97
Master Servicing Fee 0.00
Trustee Fee 1,637.81
Fry Amount 0.00
Special Hazard Fee 0.00
Other Fee 0.00
Pool Insurance Fee 0.00
Spread 1 0.00
Spread 2 0.00
Spread 3 0.00
Net Interest 2,051,431.74
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Percentage of Cumulative Losses 0.0000
Prepayment Penalties 0.00
Special Servicing Fee 0.00
Pass-Through Rate 5.636360
Miscellaneous Reporting
Group 1 - 30 Year Fixed
CPR 15.888431%
Subordinate % 5.522014%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.477986%
Group 2 - 30 Year Fixed
CPR 19.123715%
Subordinate % 5.968465%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 94.031535%
Group 3 - 30 Year Fixed
CPR 22.844329%
Subordinate % 6.106785%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 93.893215%
Miscellaneous Reporting
Group 4 - 30 Year Fixed
CPR 28.736367%
Subordinate % 6.375334%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 93.624666%
Group 5 - 15 Year Fixed
CPR 12.988025%
Subordinate % 2.393486%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.606514%
Group 6 - 15 Year Fixed
CPR 13.258131%
Subordinate % 2.497415%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.502585%
Group