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 2003-6 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-05 54-2121750
Pooling and Servicing Agreement) (Commission IRS EIN
(State or other File Number)
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 2003-6
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 2003-6 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 2003-6 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 2003-6 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: 2003-6
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>
CB-1 05948KDH9 SEN 5.50000% 262,546,389.03 1,203,337.48 4,816,630.45
CB-WIO 05948KDK2 SEN 0.38822% 0.00 70,084.19 0.00
CB-R 05948KDJ5 SEN 5.50000% 0.00 0.00 0.00
NC-1 05948KDL0 SEN 5.00000% 29,166,816.03 121,528.39 602,898.80
NC-2 05948KDM8 SEN 8.00000% 5,833,363.21 38,889.08 120,579.76
NC-3 05948KDN6 SEN 5.50000% 2,000,000.00 9,166.67 0.00
NC-4 05948KDP1 SEN 5.50000% 2,000,000.00 9,166.67 0.00
NC-5 05948KDQ9 SEN 5.50000% 2,000,000.00 9,166.67 0.00
NC-WIO 05948KDR7 SEN 0.30657% 0.00 9,938.34 0.00
2-A-1 05948KDZ9 SEN 4.75000% 80,919,625.83 320,306.77 994,592.61
2-A-WIO 05948KEA3 SEN 0.56007% 0.00 32,546.27 0.00
A-PO 05948KDS5 STP 0.00000% 1,915,101.52 0.00 4,699.28
1-B-1 05948KDT3 SUB 5.50000% 8,473,623.58 38,837.44 9,577.08
1-B-2 05948KDU0 SUB 5.50000% 3,941,563.58 18,065.50 4,454.85
1-B-3 05948KDV8 SUB 5.50000% 1,969,305.55 9,025.98 2,225.75
1-B-4 05948KEB1 SUB 5.50000% 1,971,273.87 9,035.00 2,227.98
1-B-5 05948KEC9 SUB 5.50000% 1,378,809.13 6,319.54 1,558.36
1-B-6 05948KED7 SUB 5.50000% 1,577,792.65 7,231.55 1,783.26
2-B-1 05948KDW6 SUB 4.75000% 1,069,783.18 4,234.56 4,697.90
2-B-2 05948KDX4 SUB 4.75000% 340,599.40 1,348.21 1,495.72
2-B-3 05948KDY2 SUB 4.75000% 340,599.40 1,348.21 1,495.72
2-B-4 05948KEE5 SUB 4.75000% 193,821.76 767.21 851.16
2-B-5 05948KEF2 SUB 4.75000% 97,851.76 387.33 429.71
2-B-6 05948KEG0 SUB 4.75000% 146,079.51 578.23 641.50
SES 05948KEH8 SEN 0.00000% 0.00 72,598.21 0.00
Totals 407,882,398.99 1,993,907.50 6,570,839.89
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
CB-1 0.00 257,729,758.58 6,019,967.93 0.00
CB-WIO 0.00 0.00 70,084.19 0.00
CB-R 0.00 0.00 0.00 0.00
NC-1 0.00 28,563,917.23 724,427.19 0.00
NC-2 0.00 5,712,783.45 159,468.84 0.00
NC-3 0.00 2,000,000.00 9,166.67 0.00
NC-4 0.00 2,000,000.00 9,166.67 0.00
NC-5 0.00 2,000,000.00 9,166.67 0.00
NC-WIO 0.00 0.00 9,938.34 0.00
2-A-1 0.00 79,925,033.22 1,314,899.38 0.00
2-A-WIO 0.00 0.00 32,546.27 0.00
A-PO 0.00 1,910,402.23 4,699.28 0.00
1-B-1 0.00 8,464,046.49 48,414.52 0.00
1-B-2 0.00 3,937,108.74 22,520.35 0.00
1-B-3 0.00 1,967,079.80 11,251.73 0.00
1-B-4 0.00 1,969,045.89 11,262.98 0.00
1-B-5 0.00 1,377,250.77 7,877.90 0.00
1-B-6 0.00 1,576,009.39 9,014.81 0.00
2-B-1 0.00 1,065,085.29 8,932.46 0.00
2-B-2 0.00 339,103.67 2,843.93 0.00
2-B-3 0.00 339,103.67 2,843.93 0.00
2-B-4 0.00 192,970.60 1,618.37 0.00
2-B-5 0.00 97,422.05 817.04 0.00
2-B-6 0.00 145,438.01 1,219.73 0.00
SES 0.00 0.00 72,598.21 0.00
Totals 0.00 401,311,559.08 8,564,747.39 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>
CB-1 323,459,000.00 262,546,389.03 297,159.26 4,519,471.19 0.00 0.00
CB-WIO 0.00 0.00 0.00 0.00 0.00 0.00
CB-R 100.00 0.00 0.00 0.00 0.00 0.00
NC-1 41,307,500.00 29,166,816.03 38,294.18 564,604.62 0.00 0.00
NC-2 8,261,500.00 5,833,363.21 7,658.84 112,920.92 0.00 0.00
NC-3 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
NC-4 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
NC-5 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
NC-WIO 0.00 0.00 0.00 0.00 0.00 0.00
2-A-1 100,612,000.00 80,919,625.83 355,354.17 639,238.44 0.00 0.00
2-A-WIO 0.00 0.00 0.00 0.00 0.00 0.00
A-PO 2,211,773.59 1,915,101.52 3,757.21 942.08 0.00 0.00
1-B-1 8,610,000.00 8,473,623.58 9,577.08 0.00 0.00 0.00
1-B-2 4,005,000.00 3,941,563.58 4,454.85 0.00 0.00 0.00
1-B-3 2,001,000.00 1,969,305.55 2,225.75 0.00 0.00 0.00
1-B-4 2,003,000.00 1,971,273.87 2,227.98 0.00 0.00 0.00
1-B-5 1,401,000.00 1,378,809.13 1,558.36 0.00 0.00 0.00
1-B-6 1,603,186.00 1,577,792.65 1,783.26 0.00 0.00 0.00
2-B-1 1,137,000.00 1,069,783.18 4,697.90 0.00 0.00 0.00
2-B-2 362,000.00 340,599.40 1,495.72 0.00 0.00 0.00
2-B-3 362,000.00 340,599.40 1,495.72 0.00 0.00 0.00
2-B-4 206,000.00 193,821.76 851.16 0.00 0.00 0.00
2-B-5 104,000.00 97,851.76 429.71 0.00 0.00 0.00
2-B-6 155,258.00 146,079.51 641.50 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 503,801,317.59 407,882,398.99 733,662.65 5,837,177.25 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>
CB-1 4,816,630.45 257,729,758.58 0.79679266 4,816,630.45
CB-WIO 0.00 0.00 0.00000000 0.00
CB-R 0.00 0.00 0.00000000 0.00
NC-1 602,898.80 28,563,917.23 0.69149470 602,898.80
NC-2 120,579.76 5,712,783.45 0.69149470 120,579.76
NC-3 0.00 2,000,000.00 1.00000000 0.00
NC-4 0.00 2,000,000.00 1.00000000 0.00
NC-5 0.00 2,000,000.00 1.00000000 0.00
NC-WIO 0.00 0.00 0.00000000 0.00
2-A-1 994,592.61 79,925,033.22 0.79438867 994,592.61
2-A-WIO 0.00 0.00 0.00000000 0.00
A-PO 4,699.28 1,910,402.23 0.86374222 4,699.28
1-B-1 9,577.08 8,464,046.49 0.98304837 9,577.08
1-B-2 4,454.85 3,937,108.74 0.98304837 4,454.85
1-B-3 2,225.75 1,967,079.80 0.98304838 2,225.75
1-B-4 2,227.98 1,969,045.89 0.98304837 2,227.98
1-B-5 1,558.36 1,377,250.77 0.98304837 1,558.36
1-B-6 1,783.26 1,576,009.39 0.98304837 1,783.26
2-B-1 4,697.90 1,065,085.29 0.93675047 4,697.90
2-B-2 1,495.72 339,103.67 0.93675047 1,495.72
2-B-3 1,495.72 339,103.67 0.93675047 1,495.72
2-B-4 851.16 192,970.60 0.93675049 851.16
2-B-5 429.71 97,422.05 0.93675048 429.71
2-B-6 641.50 145,438.01 0.93675051 641.50
SES 0.00 0.00 0.00000000 0.00
Totals 6,570,839.89 401,311,559.08 0.79656711 6,570,839.89
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>
CB-1 323,459,000.00 811.68367252 0.91869220 13.97231547 0.00000000
CB-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
CB-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 41,307,500.00 706.09008122 0.92705150 13.66833190 0.00000000
NC-2 8,261,500.00 706.09008170 0.92705199 13.66833142 0.00000000
NC-3 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-4 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-5 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
NC-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 100,612,000.00 804.27410080 3.53192631 6.35350097 0.00000000
2-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 2,211,773.59 865.86689011 1.69873174 0.42593871 0.00000000
1-B-1 8,610,000.00 984.16069454 1.11232056 0.00000000 0.00000000
1-B-2 4,005,000.00 984.16069413 1.11232210 0.00000000 0.00000000
1-B-3 2,001,000.00 984.16069465 1.11231884 0.00000000 0.00000000
1-B-4 2,003,000.00 984.16069396 1.11232152 0.00000000 0.00000000
1-B-5 1,401,000.00 984.16069236 1.11231977 0.00000000 0.00000000
1-B-6 1,603,186.00 984.16069626 1.11232259 0.00000000 0.00000000
2-B-1 1,137,000.00 940.88230431 4.13183817 0.00000000 0.00000000
2-B-2 362,000.00 940.88232044 4.13182320 0.00000000 0.00000000
2-B-3 362,000.00 940.88232044 4.13182320 0.00000000 0.00000000
2-B-4 206,000.00 940.88233010 4.13184466 0.00000000 0.00000000
2-B-5 104,000.00 940.88230769 4.13182692 0.00000000 0.00000000
2-B-6 155,258.00 940.88233779 4.13183218 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>
CB-1 0.00000000 14.89100767 796.79266485 0.79679266 14.89100767
CB-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 0.00000000 14.59538340 691.49469782 0.69149470 14.59538340
NC-2 0.00000000 14.59538340 691.49469830 0.69149470 14.59538340
NC-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
NC-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
NC-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
NC-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 9.88542729 794.38867352 0.79438867 9.88542729
2-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 0.00000000 2.12466593 863.74221965 0.86374222 2.12466593
1-B-1 0.00000000 1.11232056 983.04837282 0.98304837 1.11232056
1-B-2 0.00000000 1.11232210 983.04837453 0.98304837 1.11232210
1-B-3 0.00000000 1.11231884 983.04837581 0.98304838 1.11231884
1-B-4 0.00000000 1.11232152 983.04837244 0.98304837 1.11232152
1-B-5 0.00000000 1.11231977 983.04837259 0.98304837 1.11231977
1-B-6 0.00000000 1.11232259 983.04837368 0.98304837 1.11232259
2-B-1 0.00000000 4.13183817 936.75047493 0.93675047 4.13183817
2-B-2 0.00000000 4.13182320 936.75046961 0.93675047 4.13182320
2-B-3 0.00000000 4.13182320 936.75046961 0.93675047 4.13182320
2-B-4 0.00000000 4.13184466 936.75048544 0.93675049 4.13184466
2-B-5 0.00000000 4.13182692 936.75048077 0.93675048 4.13182692
2-B-6 0.00000000 4.13183218 936.75050561 0.93675051 4.13183218
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>
CB-1 323,459,000.00 5.50000% 262,546,389.03 1,203,337.62 0.00 0.00
CB-WIO 0.00 0.38822% 216,629,856.88 70,084.19 0.00 0.00
CB-R 100.00 5.50000% 0.00 0.00 0.00 0.00
NC-1 41,307,500.00 5.00000% 29,166,816.03 121,528.40 0.00 0.00
NC-2 8,261,500.00 8.00000% 5,833,363.21 38,889.09 0.00 0.00
NC-3 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
NC-4 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
NC-5 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
NC-WIO 0.00 0.30657% 38,900,887.39 9,938.34 0.00 0.00
2-A-1 100,612,000.00 4.75000% 80,919,625.83 320,306.85 0.00 0.00
2-A-WIO 0.00 0.56007% 69,733,706.67 32,546.27 0.00 0.00
A-PO 2,211,773.59 0.00000% 1,915,101.52 0.00 0.00 0.00
1-B-1 8,610,000.00 5.50000% 8,473,623.58 38,837.44 0.00 0.00
1-B-2 4,005,000.00 5.50000% 3,941,563.58 18,065.50 0.00 0.00
1-B-3 2,001,000.00 5.50000% 1,969,305.55 9,025.98 0.00 0.00
1-B-4 2,003,000.00 5.50000% 1,971,273.87 9,035.01 0.00 0.00
1-B-5 1,401,000.00 5.50000% 1,378,809.13 6,319.54 0.00 0.00
1-B-6 1,603,186.00 5.50000% 1,577,792.65 7,231.55 0.00 0.00
2-B-1 1,137,000.00 4.75000% 1,069,783.18 4,234.56 0.00 0.00
2-B-2 362,000.00 4.75000% 340,599.40 1,348.21 0.00 0.00
2-B-3 362,000.00 4.75000% 340,599.40 1,348.21 0.00 0.00
2-B-4 206,000.00 4.75000% 193,821.76 767.21 0.00 0.00
2-B-5 104,000.00 4.75000% 97,851.76 387.33 0.00 0.00
2-B-6 155,258.00 4.75000% 146,079.51 578.23 0.00 0.00
SES 0.00 0.00000% 407,882,399.55 0.00 0.00 0.00
Totals 503,801,317.59 1,921,309.54 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>
CB-1 0.14 0.00 1,203,337.48 0.00 257,729,758.58
CB-WIO 0.00 0.00 70,084.19 0.00 212,116,538.05
CB-R 0.00 0.00 0.00 0.00 0.00
NC-1 0.01 0.00 121,528.39 0.00 28,563,917.23
NC-2 0.00 0.00 38,889.08 0.00 5,712,783.45
NC-3 0.00 0.00 9,166.67 0.00 2,000,000.00
NC-4 0.00 0.00 9,166.67 0.00 2,000,000.00
NC-5 0.00 0.00 9,166.67 0.00 2,000,000.00
NC-WIO 0.00 0.00 9,938.34 0.00 38,854,934.68
2-A-1 0.08 0.00 320,306.77 0.00 79,925,033.22
2-A-WIO 0.00 0.00 32,546.27 0.00 68,794,728.17
A-PO 0.00 0.00 0.00 0.00 1,910,402.23
1-B-1 0.00 0.00 38,837.44 0.00 8,464,046.49
1-B-2 0.00 0.00 18,065.50 0.00 3,937,108.74
1-B-3 0.00 0.00 9,025.98 0.00 1,967,079.80
1-B-4 0.00 0.00 9,035.00 0.00 1,969,045.89
1-B-5 0.00 0.00 6,319.54 0.00 1,377,250.77
1-B-6 0.00 0.00 7,231.55 0.00 1,576,009.39
2-B-1 0.00 0.00 4,234.56 0.00 1,065,085.29
2-B-2 0.00 0.00 1,348.21 0.00 339,103.67
2-B-3 0.00 0.00 1,348.21 0.00 339,103.67
2-B-4 0.00 0.00 767.21 0.00 192,970.60
2-B-5 0.00 0.00 387.33 0.00 97,422.05
2-B-6 0.00 0.00 578.23 0.00 145,438.01
SES 0.00 0.00 72,598.21 0.00 401,311,559.64
Totals 0.23 0.00 1,993,907.50 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>
CB-1 323,459,000.00 5.50000% 811.68367252 3.72021684 0.00000000 0.00000000
CB-WIO 0.00 0.38822% 805.71533650 0.26066539 0.00000000 0.00000000
CB-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 41,307,500.00 5.00000% 706.09008122 2.94204200 0.00000000 0.00000000
NC-2 8,261,500.00 8.00000% 706.09008170 4.70726745 0.00000000 0.00000000
NC-3 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
NC-4 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
NC-5 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
NC-WIO 0.00 0.30657% 728.12443355 0.18602013 0.00000000 0.00000000
2-A-1 100,612,000.00 4.75000% 804.27410080 3.18358496 0.00000000 0.00000000
2-A-WIO 0.00 0.56007% 799.43073503 0.37311208 0.00000000 0.00000000
A-PO 2,211,773.59 0.00000% 865.86689011 0.00000000 0.00000000 0.00000000
1-B-1 8,610,000.00 5.50000% 984.16069454 4.51073635 0.00000000 0.00000000
1-B-2 4,005,000.00 5.50000% 984.16069413 4.51073658 0.00000000 0.00000000
1-B-3 2,001,000.00 5.50000% 984.16069465 4.51073463 0.00000000 0.00000000
1-B-4 2,003,000.00 5.50000% 984.16069396 4.51073889 0.00000000 0.00000000
1-B-5 1,401,000.00 5.50000% 984.16069236 4.51073519 0.00000000 0.00000000
1-B-6 1,603,186.00 5.50000% 984.16069626 4.51073675 0.00000000 0.00000000
2-B-1 1,137,000.00 4.75000% 940.88230431 3.72432718 0.00000000 0.00000000
2-B-2 362,000.00 4.75000% 940.88232044 3.72433702 0.00000000 0.00000000
2-B-3 362,000.00 4.75000% 940.88232044 3.72433702 0.00000000 0.00000000
2-B-4 206,000.00 4.75000% 940.88233010 3.72432039 0.00000000 0.00000000
2-B-5 104,000.00 4.75000% 940.88230769 3.72432692 0.00000000 0.00000000
2-B-6 155,258.00 4.75000% 940.88233779 3.72431694 0.00000000 0.00000000
SES 0.00 0.00000% 809.60963149 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>
CB-1 0.00000043 0.00000000 3.72021641 0.00000000 796.79266485
CB-WIO 0.00000000 0.00000000 0.26066539 0.00000000 788.92886831
CB-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
NC-1 0.00000024 0.00000000 2.94204176 0.00000000 691.49469782
NC-2 0.00000000 0.00000000 4.70726623 0.00000000 691.49469830
NC-3 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
NC-4 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
NC-5 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
NC-WIO 0.00000000 0.00000000 0.18602013 0.00000000 727.26431716
2-A-1 0.00000080 0.00000000 3.18358416 0.00000000 794.38867352
2-A-WIO 0.00000000 0.00000000 0.37311208 0.00000000 788.66623809
A-PO 0.00000000 0.00000000 0.00000000 0.00000000 863.74221965
1-B-1 0.00000000 0.00000000 4.51073635 0.00000000 983.04837282
1-B-2 0.00000000 0.00000000 4.51073658 0.00000000 983.04837453
1-B-3 0.00000000 0.00000000 4.51073463 0.00000000 983.04837581
1-B-4 0.00000000 0.00000000 4.51073390 0.00000000 983.04837244
1-B-5 0.00000000 0.00000000 4.51073519 0.00000000 983.04837259
1-B-6 0.00000000 0.00000000 4.51073675 0.00000000 983.04837368
2-B-1 0.00000000 0.00000000 3.72432718 0.00000000 936.75047493
2-B-2 0.00000000 0.00000000 3.72433702 0.00000000 936.75046961
2-B-3 0.00000000 0.00000000 3.72433702 0.00000000 936.75046961
2-B-4 0.00000000 0.00000000 3.72432039 0.00000000 936.75048544
2-B-5 0.00000000 0.00000000 3.72432692 0.00000000 936.75048077
2-B-6 0.00000000 0.00000000 3.72431694 0.00000000 936.75050561
SES 0.00000000 0.00000000 0.14410087 0.00000000 796.56710923
<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>
CB-PO 0.00000% 0.00 0.00 1,505,176.68 1,502,876.21 86.71526049%
NC-PO 0.00000% 0.00 0.00 56,932.09 56,301.74 96.78622921%
2-A-PO 0.00000% 0.00 0.00 352,992.75 351,224.29 83.52814116%
CB-SES 0.00000% 280,542,071.90 275,704,476.43 0.00 0.00 80.62749353%
NC-SES 0.00000% 43,878,973.78 43,151,702.12 0.00 0.00 73.77102248%
2-SES 0.00000% 83,461,353.87 82,455,381.09 0.00 0.00 79.77591205%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 8,583,272.06
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 8,583,272.06
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 18,524.67
Payment of Interest and Principal 8,564,747.39
Total Withdrawals (Pool Distribution Amount) 8,583,272.06
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 16,995.10
Trustee Fee 1,529.57
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 18,524.67
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 1 0 2
354,084.10 86,437.24 0.00 440,521.34
30 Days 22 0 0 0 22
2,822,853.53 0.00 0.00 0.00 2,822,853.53
60 Days 2 0 0 0 2
343,779.56 0.00 0.00 0.00 343,779.56
90 Days 2 0 0 0 2
164,160.81 0.00 0.00 0.00 164,160.81
120 Days 0 0 1 0 1
0.00 0.00 35,549.46 0.00 35,549.46
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 1 0 1
0.00 0.00 322,371.05 0.00 322,371.05
Totals 26 1 3 0 30
3,330,793.90 354,084.10 444,357.75 0.00 4,129,235.75
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 0.033146% 0.033146% 0.000000% 0.066291%
0.088095% 0.021505% 0.000000% 0.109600%
30 Days 0.729201% 0.000000% 0.000000% 0.000000% 0.729201%
0.702314% 0.000000% 0.000000% 0.000000% 0.702314%
60 Days 0.066291% 0.000000% 0.000000% 0.000000% 0.066291%
0.085531% 0.000000% 0.000000% 0.000000% 0.085531%
90 Days 0.066291% 0.000000% 0.000000% 0.000000% 0.066291%
0.040842% 0.000000% 0.000000% 0.000000% 0.040842%
120 Days 0.000000% 0.000000% 0.033146% 0.000000% 0.033146%
0.000000% 0.000000% 0.008845% 0.000000% 0.008845%
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% 0.033146% 0.000000% 0.033146%
0.000000% 0.000000% 0.080205% 0.000000% 0.080205%
Totals 0.861783% 0.033146% 0.099437% 0.000000% 0.994365%
0.828687% 0.088095% 0.110554% 0.000000% 1.027336%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1CB -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 1 0 1
0.00 86,437.24 0.00 86,437.24
30 Days 19 0 0 0 19
2,505,473.63 0.00 0.00 0.00 2,505,473.63
60 Days 2 0 0 0 2
343,779.56 0.00 0.00 0.00 343,779.56
90 Days 1 0 0 0 1
119,895.35 0.00 0.00 0.00 119,895.35
120 Days 0 0 1 0 1
0.00 0.00 35,549.46 0.00 35,549.46
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 22 0 2 0 24
2,969,148.54 0.00 121,986.70 0.00 3,091,135.24
0-29 Days 0.000000% 0.048567% 0.000000% 0.048567%
0.000000% 0.031321% 0.000000% 0.031321%
30 Days 0.922778% 0.000000% 0.000000% 0.000000% 0.922778%
0.907870% 0.000000% 0.000000% 0.000000% 0.907870%
60 Days 0.097135% 0.000000% 0.000000% 0.000000% 0.097135%
0.124570% 0.000000% 0.000000% 0.000000% 0.124570%
90 Days 0.048567% 0.000000% 0.000000% 0.000000% 0.048567%
0.043445% 0.000000% 0.000000% 0.000000% 0.043445%
120 Days 0.000000% 0.000000% 0.048567% 0.000000% 0.048567%
0.000000% 0.000000% 0.012882% 0.000000% 0.012882%
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 1.068480% 0.000000% 0.097135% 0.000000% 1.165614%
1.075884% 0.000000% 0.044202% 0.000000% 1.120087%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1NC -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
354,084.10 0.00 0.00 354,084.10
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 0.00 322,371.05 0.00 322,371.05
Totals 0 1 1 0 2
0.00 354,084.10 322,371.05 0.00 676,455.15
0-29 Days 1.063830% 0.000000% 0.000000% 1.063830%
0.819611% 0.000000% 0.000000% 0.819611%
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% 1.063830% 0.000000% 1.063830%
0.000000% 0.000000% 0.746204% 0.000000% 0.746204%
Totals 0.000000% 1.063830% 1.063830% 0.000000% 2.127660%
0.000000% 0.819611% 0.746204% 0.000000% 1.565815%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
2 - 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 3 0 0 0 3
317,379.90 0.00 0.00 0.00 317,379.90
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 1 0 0 0 1
44,265.46 0.00 0.00 0.00 44,265.46
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
361,645.36 0.00 0.00 0.00 361,645.36
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.347222% 0.000000% 0.000000% 0.000000% 0.347222%
0.383485% 0.000000% 0.000000% 0.000000% 0.383485%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.115741% 0.000000% 0.000000% 0.000000% 0.115741%
0.053485% 0.000000% 0.000000% 0.000000% 0.053485%
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 0.462963% 0.000000% 0.000000% 0.000000% 0.462963%
0.436970% 0.000000% 0.000000% 0.000000% 0.436970%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 23,222.82
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 5.907038%
Weighted Average Net Coupon 5.657039%
Weighted Average Pass-Through Rate 5.652538%
Weighted Average Maturity(Stepdown Calculation ) 342
Beginning Scheduled Collateral Loan Count 3,057
Number Of Loans Paid In Full 40
Ending Scheduled Collateral Loan Count 3,017
Beginning Scheduled Collateral Balance 407,882,399.55
Ending Scheduled Collateral Balance 401,311,559.64
Ending Actual Collateral Balance at 31-Oct-2004 401,936,345.96
Monthly P &I Constant 2,741,476.98
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Ending Scheduled Balance for Premium Loans 401,311,559.64
Scheduled Principal 733,662.66
Unscheduled Principal 5,837,177.25
Group Level Collateral Statement
Group 1CB -30 Year Fixed 1NC -30 Year Fixed 2 - 15 Year Fixed
Collateral Description Fixed 30 Year Fixed 30 Year Fixed 15 Year
Weighted Average Coupon Rate 6.024771 6.019157 5.452356
Weighted Average Net Rate 5.774771 5.769157 5.202357
Weighted Average Maturity 341 344 160
Beginning Loan Count 2,093 95 869
Loans Paid In Full 34 1 5
Ending Loan Count 2,059 94 864
Beginning Scheduled Balance 280,542,071.90 43,878,973.78 83,461,353.87
Ending scheduled Balance 275,704,476.43 43,151,702.12 82,455,381.09
Record Date 10/31/2004 10/31/2004 10/31/2004
Principal And Interest Constant 1,726,300.20 269,288.96 745,887.82
Scheduled Principal 317,798.79 49,193.59 366,670.28
Unscheduled Principal 4,519,796.68 678,078.07 639,302.50
Scheduled Interest 1,408,501.41 220,095.37 379,217.54
Servicing Fees 58,446.26 9,141.45 17,387.77
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,052.03 164.55 312.99
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 1,349,003.12 210,789.37 361,516.78
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 5.770271 5.764657 5.197856
Group Level Collateral Statement
Group Total
Collateral Description Fixed
Weighted Average Coupon Rate 5.907038
Weighted Average Net Rate 5.657039
Weighted Average Maturity 342
Beginning Loan Count 3,057
Loans Paid In Full 40
Ending Loan Count 3,017
Beginning Scheduled Balance 407,882,399.55
Ending scheduled Balance 401,311,559.64
Record Date 10/31/2004
Principal And Interest Constant 2,741,476.98
Scheduled Principal 733,662.66
Unscheduled Principal 5,837,177.25
Scheduled Interest 2,007,814.32
Servicing Fees 84,975.48
Master Servicing Fees 0.00
Trustee Fee 1,529.57
FRY Amount 0.00
Special Hazard Fee 0.00
Other Fee 0.00
Pool Insurance Fee 0.00
Spread Fee 1 0.00
Spread Fee 2 0.00
Spread Fee 3 0.00
Net Interest 1,921,309.27
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 5.652538
Miscellaneous Reporting
Group 1CB -30 Year Fixed
CPR 8.851573%
Group CB Subordinate Percentage 5.909794%
Group CB Subordinate Prepayment % 0.000000%
Group CB Senior Prepayment % 100.000000%
Group CB Senior Percentage 94.090206%
Group 1NC -30 Year Fixed
Group NC Subordinate Percentage 6.439368%
Group NC Subordinate Prepayment % 0.000000%
Group NC Senior Prepayment % 100.000000%
Group NC Senior Percentage 93.560632%
Group 2 - 15 Year Fixed
Group 2 Subordinate Percentage 2.633592%
Group 2 Subordinate Prepayment % 0.000000%
Group 2 Senior Prepayment % 100.000000%
Group 2 Senior Percentage 97.366408%
Group