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): December 27, 2004
BANC OF AMERICA ALTERNATIVE LOAN TRUST
Mortgage Pass-Through Certificates, Series 2003-7 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-09 54-2123764
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 December 27, 2004 a distribution was made to holders of BANC OF AMERICA
ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-7
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 2003-7 Trust, relating to the
December 27, 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 2003-7 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: 12/27/2004
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2003-7 Trust,
relating to the December 27, 2004 distribution.
EX-99.1
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Record Date: 11/30/2004
Distribution Date: 12/27/2004
Banc of America Alternative Loan Trust
Mortgage Pass-Through Certificates
Series 2003-7
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-CB-1 05948KEJ4 SEN 5.50000% 85,231,273.85 390,643.31 1,886,853.16
1-CB-WIO 05948KEK1 SEN 0.30970% 0.00 12,293.37 0.00
1-AR 05948KEU9 SEN 5.50000% 0.00 0.16 0.00
1-A-1 05948KEL9 SEN 5.50000% 92,706,685.39 424,905.61 2,599,423.81
1-A-2 05948KEM7 SEN 5.50000% 26,298,000.00 120,532.49 0.00
1-A-3 05948KEN5 SEN 5.50000% 1,311,000.00 6,008.75 0.00
1-A-4 05948KEP0 SEN 5.50000% 106,555,685.39 488,380.18 2,599,423.81
1-A-5 05948KEQ8 SEN 0.00000% 598,261.00 0.00 0.00
1-A-6 05948KFS3 SEN 5.75000% 3,287,000.00 15,750.21 0.00
1-A-7 05948KER6 SEN 5.75000% 1,250,000.00 5,989.58 0.00
1-A-8 05948KES4 SEN 5.75000% 2,975,000.00 14,255.21 0.00
1-A-9 05948KET2 SEN 5.75000% 5,649,739.00 27,071.66 0.00
1-A-WIO 05948KEV7 SEN 0.31486% 0.00 34,641.11 0.00
2-A-1 05948KEW5 SEN 5.00000% 45,152,315.58 188,134.62 781,453.70
2-A-2 05948KEX3 SEN 5.00000% 52,665,315.58 219,438.78 781,453.70
2-A-3 05948KEY1 SEN 5.00000% 24,873,000.00 103,637.48 0.00
2-A-4 05948KEZ8 SEN 5.00000% 61,346,145.16 255,608.90 781,464.26
2-A-WIO 05948KFA2 SEN 0.34420% 0.00 30,721.18 0.00
A-PO 05948KFB0 PO 0.00000% 10,944,115.06 0.00 90,530.64
1-B-1 05948KFC8 SUB 5.50000% 8,799,361.20 40,330.40 10,320.16
1-B-2 05948KFD6 SUB 5.50000% 4,093,503.52 18,761.89 4,800.99
1-B-3 05948KFE4 SUB 5.50000% 2,046,456.73 9,379.59 2,400.15
1-B-4 05948KFL8 SUB 5.50000% 2,046,063.35 9,377.79 2,399.69
1-B-5 05948KFM6 SUB 5.50000% 1,433,020.78 6,568.01 1,680.69
1-B-6 05948KFN4 SUB 5.50000% 1,637,327.65 7,504.42 1,920.31
2-B-1 05948KFF1 SUB 5.00000% 2,180,942.82 9,087.26 9,685.59
2-B-2 05948KFG9 SUB 5.00000% 763,329.99 3,180.54 3,389.96
2-B-3 05948KFH7 SUB 5.00000% 763,329.99 3,180.54 3,389.96
2-B-4 05948KFP9 SUB 5.00000% 436,188.56 1,817.45 1,937.12
2-B-5 05948KFQ7 SUB 5.00000% 218,094.28 908.73 968.56
2-B-6 05948KFR5 SUB 5.00000% 327,314.44 1,363.81 1,453.61
SES 05948KFU8 SEN 0.00000% 0.00 96,884.34 0.00
Totals 545,588,469.32 2,546,357.37 9,564,949.87
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-CB-1 0.00 83,344,420.69 2,277,496.47 0.00
1-CB-WIO 0.00 0.00 12,293.37 0.00
1-AR 0.00 0.00 0.16 0.00
1-A-1 0.00 90,107,261.58 3,024,329.42 0.00
1-A-2 0.00 26,298,000.00 120,532.49 0.00
1-A-3 0.00 1,311,000.00 6,008.75 0.00
1-A-4 0.00 103,956,261.58 3,087,803.99 0.00
1-A-5 0.00 598,261.00 0.00 0.00
1-A-6 0.00 3,287,000.00 15,750.21 0.00
1-A-7 0.00 1,250,000.00 5,989.58 0.00
1-A-8 0.00 2,975,000.00 14,255.21 0.00
1-A-9 0.00 5,649,739.00 27,071.66 0.00
1-A-WIO 0.00 0.00 34,641.11 0.00
2-A-1 0.00 44,370,861.88 969,588.32 0.00
2-A-2 0.00 51,883,861.88 1,000,892.48 0.00
2-A-3 0.00 24,873,000.00 103,637.48 0.00
2-A-4 0.00 60,564,680.90 1,037,073.16 0.00
2-A-WIO 0.00 0.00 30,721.18 0.00
A-PO 0.00 10,853,584.43 90,530.64 0.00
1-B-1 0.00 8,789,041.04 50,650.56 0.00
1-B-2 0.00 4,088,702.54 23,562.88 0.00
1-B-3 0.00 2,044,056.58 11,779.74 0.00
1-B-4 0.00 2,043,663.66 11,777.48 0.00
1-B-5 0.00 1,431,340.09 8,248.70 0.00
1-B-6 0.00 1,635,407.34 9,424.73 0.00
2-B-1 0.00 2,171,257.22 18,772.85 0.00
2-B-2 0.00 759,940.03 6,570.50 0.00
2-B-3 0.00 759,940.03 6,570.50 0.00
2-B-4 0.00 434,251.44 3,754.57 0.00
2-B-5 0.00 217,125.72 1,877.29 0.00
2-B-6 0.00 325,860.83 2,817.42 0.00
SES 0.00 0.00 96,884.34 0.00
Totals 0.00 536,023,519.46 12,111,307.24 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-CB-1 100,000,000.00 85,231,273.85 100,015.23 1,786,837.93 0.00 0.00
1-CB-WIO 0.00 0.00 0.00 0.00 0.00 0.00
1-AR 100.00 0.00 0.00 0.00 0.00 0.00
1-A-1 116,638,000.00 92,706,685.39 141,083.74 2,458,340.07 0.00 0.00
1-A-2 26,298,000.00 26,298,000.00 0.00 0.00 0.00 0.00
1-A-3 1,311,000.00 1,311,000.00 0.00 0.00 0.00 0.00
1-A-4 130,487,000.00 106,555,685.39 141,083.74 2,458,340.07 0.00 0.00
1-A-5 598,261.00 598,261.00 0.00 0.00 0.00 0.00
1-A-6 3,287,000.00 3,287,000.00 0.00 0.00 0.00 0.00
1-A-7 1,250,000.00 1,250,000.00 0.00 0.00 0.00 0.00
1-A-8 2,975,000.00 2,975,000.00 0.00 0.00 0.00 0.00
1-A-9 5,649,739.00 5,649,739.00 0.00 0.00 0.00 0.00
1-A-WIO 0.00 0.00 0.00 0.00 0.00 0.00
2-A-1 57,754,000.00 45,152,315.58 272,433.07 509,020.62 0.00 0.00
2-A-2 65,267,000.00 52,665,315.58 272,433.07 509,020.62 0.00 0.00
2-A-3 24,873,000.00 24,873,000.00 0.00 0.00 0.00 0.00
2-A-4 73,948,000.00 61,346,145.16 272,436.76 509,027.51 0.00 0.00
2-A-WIO 0.00 0.00 0.00 0.00 0.00 0.00
A-PO 12,413,176.11 10,944,115.06 28,990.40 61,540.23 0.00 0.00
1-B-1 8,947,439.00 8,799,361.20 10,320.16 0.00 0.00 0.00
1-B-2 4,162,390.00 4,093,503.52 4,800.99 0.00 0.00 0.00
1-B-3 2,080,895.00 2,046,456.73 2,400.15 0.00 0.00 0.00
1-B-4 2,080,495.00 2,046,063.35 2,399.69 0.00 0.00 0.00
1-B-5 1,457,136.00 1,433,020.78 1,680.69 0.00 0.00 0.00
1-B-6 1,664,881.00 1,637,327.65 1,920.31 0.00 0.00 0.00
2-B-1 2,319,440.00 2,180,942.82 9,685.59 0.00 0.00 0.00
2-B-2 811,804.00 763,329.99 3,389.96 0.00 0.00 0.00
2-B-3 811,804.00 763,329.99 3,389.96 0.00 0.00 0.00
2-B-4 463,888.00 436,188.56 1,937.12 0.00 0.00 0.00
2-B-5 231,944.00 218,094.28 968.56 0.00 0.00 0.00
2-B-6 348,100.00 327,314.44 1,453.61 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 648,129,492.11 545,588,469.32 1,272,822.80 8,292,127.05 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-CB-1 1,886,853.16 83,344,420.69 0.83344421 1,886,853.16
1-CB-WIO 0.00 0.00 0.00000000 0.00
1-AR 0.00 0.00 0.00000000 0.00
1-A-1 2,599,423.81 90,107,261.58 0.77253778 2,599,423.81
1-A-2 0.00 26,298,000.00 1.00000000 0.00
1-A-3 0.00 1,311,000.00 1.00000000 0.00
1-A-4 2,599,423.81 103,956,261.58 0.79667907 2,599,423.81
1-A-5 0.00 598,261.00 1.00000000 0.00
1-A-6 0.00 3,287,000.00 1.00000000 0.00
1-A-7 0.00 1,250,000.00 1.00000000 0.00
1-A-8 0.00 2,975,000.00 1.00000000 0.00
1-A-9 0.00 5,649,739.00 1.00000000 0.00
1-A-WIO 0.00 0.00 0.00000000 0.00
2-A-1 781,453.70 44,370,861.88 0.76827340 781,453.70
2-A-2 781,453.70 51,883,861.88 0.79494786 781,453.70
2-A-3 0.00 24,873,000.00 1.00000000 0.00
2-A-4 781,464.26 60,564,680.90 0.81901716 781,464.26
2-A-WIO 0.00 0.00 0.00000000 0.00
A-PO 90,530.64 10,853,584.43 0.87435998 90,530.64
1-B-1 10,320.16 8,789,041.04 0.98229684 10,320.16
1-B-2 4,800.99 4,088,702.54 0.98229684 4,800.99
1-B-3 2,400.15 2,044,056.58 0.98229684 2,400.15
1-B-4 2,399.69 2,043,663.66 0.98229684 2,399.69
1-B-5 1,680.69 1,431,340.09 0.98229684 1,680.69
1-B-6 1,920.31 1,635,407.34 0.98229684 1,920.31
2-B-1 9,685.59 2,171,257.22 0.93611269 9,685.59
2-B-2 3,389.96 759,940.03 0.93611269 3,389.96
2-B-3 3,389.96 759,940.03 0.93611269 3,389.96
2-B-4 1,937.12 434,251.44 0.93611268 1,937.12
2-B-5 968.56 217,125.72 0.93611268 968.56
2-B-6 1,453.61 325,860.83 0.93611270 1,453.61
SES 0.00 0.00 0.00000000 0.00
Totals 9,564,949.87 536,023,519.46 0.82703152 9,564,949.87
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-CB-1 100,000,000.00 852.31273850 1.00015230 17.86837930 0.00000000
1-CB-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-AR 100.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-1 116,638,000.00 794.82403153 1.20958641 21.07666515 0.00000000
1-A-2 26,298,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-3 1,311,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-4 130,487,000.00 816.60000912 1.08120916 18.83973170 0.00000000
1-A-5 598,261.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-6 3,287,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-7 1,250,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-8 2,975,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-9 5,649,739.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 57,754,000.00 781.80412751 4.71712903 8.81359940 0.00000000
2-A-2 65,267,000.00 806.92104095 4.17413195 7.79905036 0.00000000
2-A-3 24,873,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A-4 73,948,000.00 829.58491318 3.68416671 6.88358725 0.00000000
2-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 12,413,176.11 881.65308886 2.33545386 4.95765382 0.00000000
1-B-1 8,947,439.00 983.45025878 1.15342055 0.00000000 0.00000000
1-B-2 4,162,390.00 983.45025814 1.15342147 0.00000000 0.00000000
1-B-3 2,080,895.00 983.45026058 1.15342197 0.00000000 0.00000000
1-B-4 2,080,495.00 983.45026064 1.15342262 0.00000000 0.00000000
1-B-5 1,457,136.00 983.45026133 1.15342013 0.00000000 0.00000000
1-B-6 1,664,881.00 983.45025861 1.15342178 0.00000000 0.00000000
2-B-1 2,319,440.00 940.28852654 4.17583124 0.00000000 0.00000000
2-B-2 811,804.00 940.28853024 4.17583555 0.00000000 0.00000000
2-B-3 811,804.00 940.28853024 4.17583555 0.00000000 0.00000000
2-B-4 463,888.00 940.28851792 4.17583555 0.00000000 0.00000000
2-B-5 231,944.00 940.28851792 4.17583555 0.00000000 0.00000000
2-B-6 348,100.00 940.28853778 4.17584028 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-CB-1 0.00000000 18.86853160 833.44420690 0.83344421 18.86853160
1-CB-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-1 0.00000000 22.28625156 772.53777997 0.77253778 22.28625156
1-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-4 0.00000000 19.92094086 796.67906826 0.79667907 19.92094086
1-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 13.53072861 768.27339890 0.76827340 13.53072861
2-A-2 0.00000000 11.97318247 794.94785849 0.79494786 11.97318247
2-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A-4 0.00000000 10.56775383 819.01715936 0.81901716 10.56775383
2-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-PO 0.00000000 7.29310848 874.35998119 0.87435998 7.29310848
1-B-1 0.00000000 1.15342055 982.29683823 0.98229684 1.15342055
1-B-2 0.00000000 1.15342147 982.29683908 0.98229684 1.15342147
1-B-3 0.00000000 1.15342197 982.29683862 0.98229684 1.15342197
1-B-4 0.00000000 1.15342262 982.29683801 0.98229684 1.15342262
1-B-5 0.00000000 1.15342013 982.29684120 0.98229684 1.15342013
1-B-6 0.00000000 1.15342178 982.29683683 0.98229684 1.15342178
2-B-1 0.00000000 4.17583124 936.11269099 0.93611269 4.17583124
2-B-2 0.00000000 4.17583555 936.11269469 0.93611269 4.17583555
2-B-3 0.00000000 4.17583555 936.11269469 0.93611269 4.17583555
2-B-4 0.00000000 4.17583555 936.11268237 0.93611268 4.17583555
2-B-5 0.00000000 4.17583555 936.11268237 0.93611268 4.17583555
2-B-6 0.00000000 4.17584028 936.11269750 0.93611270 4.17584028
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-CB-1 100,000,000.00 5.50000% 85,231,273.85 390,643.34 0.00 0.00
1-CB-WIO 0.00 0.30970% 47,633,305.56 12,293.37 0.00 0.00
1-AR 100.00 5.50000% 0.00 0.00 0.00 0.00
1-A-1 116,638,000.00 5.50000% 92,706,685.39 424,905.64 0.00 0.00
1-A-2 26,298,000.00 5.50000% 26,298,000.00 120,532.50 0.00 0.00
1-A-3 1,311,000.00 5.50000% 1,311,000.00 6,008.75 0.00 0.00
1-A-4 130,487,000.00 5.50000% 106,555,685.39 488,380.22 0.00 0.00
1-A-5 598,261.00 0.00000% 598,261.00 0.00 0.00 0.00
1-A-6 3,287,000.00 5.75000% 3,287,000.00 15,750.21 0.00 0.00
1-A-7 1,250,000.00 5.75000% 1,250,000.00 5,989.58 0.00 0.00
1-A-8 2,975,000.00 5.75000% 2,975,000.00 14,255.21 0.00 0.00
1-A-9 5,649,739.00 5.75000% 5,649,739.00 27,071.67 0.00 0.00
1-A-WIO 0.00 0.31486% 132,025,231.55 34,641.11 0.00 0.00
2-A-1 57,754,000.00 5.00000% 45,152,315.58 188,134.65 0.00 0.00
2-A-2 65,267,000.00 5.00000% 52,665,315.58 219,438.81 0.00 0.00
2-A-3 24,873,000.00 5.00000% 24,873,000.00 103,637.50 0.00 0.00
2-A-4 73,948,000.00 5.00000% 61,346,145.16 255,608.94 0.00 0.00
2-A-WIO 0.00 0.34420% 107,104,002.38 30,721.18 0.00 0.00
A-PO 12,413,176.11 0.00000% 10,944,115.06 0.00 0.00 0.00
1-B-1 8,947,439.00 5.50000% 8,799,361.20 40,330.41 0.00 0.00
1-B-2 4,162,390.00 5.50000% 4,093,503.52 18,761.89 0.00 0.00
1-B-3 2,080,895.00 5.50000% 2,046,456.73 9,379.59 0.00 0.00
1-B-4 2,080,495.00 5.50000% 2,046,063.35 9,377.79 0.00 0.00
1-B-5 1,457,136.00 5.50000% 1,433,020.78 6,568.01 0.00 0.00
1-B-6 1,664,881.00 5.50000% 1,637,327.65 7,504.42 0.00 0.00
2-B-1 2,319,440.00 5.00000% 2,180,942.82 9,087.26 0.00 0.00
2-B-2 811,804.00 5.00000% 763,329.99 3,180.54 0.00 0.00
2-B-3 811,804.00 5.00000% 763,329.99 3,180.54 0.00 0.00
2-B-4 463,888.00 5.00000% 436,188.56 1,817.45 0.00 0.00
2-B-5 231,944.00 5.00000% 218,094.28 908.73 0.00 0.00
2-B-6 348,100.00 5.00000% 327,314.44 1,363.81 0.00 0.00
SES 0.00 0.00000% 545,588,470.24 0.00 0.00 0.00
Totals 648,129,492.11 2,449,473.12 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-CB-1 0.03 0.00 390,643.31 0.00 83,344,420.69
1-CB-WIO 0.00 0.00 12,293.37 0.00 46,336,292.50
1-AR 0.00 0.00 0.16 0.00 0.00
1-A-1 0.03 0.00 424,905.61 0.00 90,107,261.58
1-A-2 0.01 0.00 120,532.49 0.00 26,298,000.00
1-A-3 0.00 0.00 6,008.75 0.00 1,311,000.00
1-A-4 0.04 0.00 488,380.18 0.00 103,956,261.58
1-A-5 0.00 0.00 0.00 0.00 598,261.00
1-A-6 0.00 0.00 15,750.21 0.00 3,287,000.00
1-A-7 0.00 0.00 5,989.58 0.00 1,250,000.00
1-A-8 0.00 0.00 14,255.21 0.00 2,975,000.00
1-A-9 0.00 0.00 27,071.66 0.00 5,649,739.00
1-A-WIO 0.00 0.00 34,641.11 0.00 128,409,723.35
2-A-1 0.03 0.00 188,134.62 0.00 44,370,861.88
2-A-2 0.04 0.00 219,438.78 0.00 51,883,861.88
2-A-3 0.02 0.00 103,637.48 0.00 24,873,000.00
2-A-4 0.04 0.00 255,608.90 0.00 60,564,680.90
2-A-WIO 0.00 0.00 30,721.18 0.00 105,569,170.22
A-PO 0.00 0.00 0.00 0.00 10,853,584.43
1-B-1 0.00 0.00 40,330.40 0.00 8,789,041.04
1-B-2 0.00 0.00 18,761.89 0.00 4,088,702.54
1-B-3 0.00 0.00 9,379.59 0.00 2,044,056.58
1-B-4 0.00 0.00 9,377.79 0.00 2,043,663.66
1-B-5 0.00 0.00 6,568.01 0.00 1,431,340.09
1-B-6 0.00 0.00 7,504.42 0.00 1,635,407.34
2-B-1 0.00 0.00 9,087.26 0.00 2,171,257.22
2-B-2 0.00 0.00 3,180.54 0.00 759,940.03
2-B-3 0.00 0.00 3,180.54 0.00 759,940.03
2-B-4 0.00 0.00 1,817.45 0.00 434,251.44
2-B-5 0.00 0.00 908.73 0.00 217,125.72
2-B-6 0.00 0.00 1,363.81 0.00 325,860.83
SES 0.00 0.00 96,884.34 0.00 536,023,520.39
Totals 0.24 0.00 2,546,357.37 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-CB-1 100,000,000.00 5.50000% 852.31273850 3.90643340 0.00000000 0.00000000
1-CB-WIO 0.00 0.30970% 844.11054121 0.21785100 0.00000000 0.00000000
1-AR 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-A-1 116,638,000.00 5.50000% 794.82403153 3.64294347 0.00000000 0.00000000
1-A-2 26,298,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-3 1,311,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-4 130,487,000.00 5.50000% 816.60000912 3.74275001 0.00000000 0.00000000
1-A-5 598,261.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-6 3,287,000.00 5.75000% 1000.00000000 4.79166717 0.00000000 0.00000000
1-A-7 1,250,000.00 5.75000% 1000.00000000 4.79166400 0.00000000 0.00000000
1-A-8 2,975,000.00 5.75000% 1000.00000000 4.79166723 0.00000000 0.00000000
1-A-9 5,649,739.00 5.75000% 1000.00000000 4.79166737 0.00000000 0.00000000
1-A-WIO 0.00 0.31486% 818.98082099 0.21488623 0.00000000 0.00000000
2-A-1 57,754,000.00 5.00000% 781.80412751 3.25751723 0.00000000 0.00000000
2-A-2 65,267,000.00 5.00000% 806.92104095 3.36217093 0.00000000 0.00000000
2-A-3 24,873,000.00 5.00000% 1000.00000000 4.16666667 0.00000000 0.00000000
2-A-4 73,948,000.00 5.00000% 829.58491318 3.45660383 0.00000000 0.00000000
2-A-WIO 0.00 0.34420% 822.11533793 0.23581148 0.00000000 0.00000000
A-PO 12,413,176.11 0.00000% 881.65308886 0.00000000 0.00000000 0.00000000
1-B-1 8,947,439.00 5.50000% 983.45025878 4.50748086 0.00000000 0.00000000
1-B-2 4,162,390.00 5.50000% 983.45025814 4.50748008 0.00000000 0.00000000
1-B-3 2,080,895.00 5.50000% 983.45026058 4.50747875 0.00000000 0.00000000
1-B-4 2,080,495.00 5.50000% 983.45026064 4.50748019 0.00000000 0.00000000
1-B-5 1,457,136.00 5.50000% 983.45026133 4.50747905 0.00000000 0.00000000
1-B-6 1,664,881.00 5.50000% 983.45025861 4.50748132 0.00000000 0.00000000
2-B-1 2,319,440.00 5.00000% 940.28852654 3.91786811 0.00000000 0.00000000
2-B-2 811,804.00 5.00000% 940.28853024 3.91786687 0.00000000 0.00000000
2-B-3 811,804.00 5.00000% 940.28853024 3.91786687 0.00000000 0.00000000
2-B-4 463,888.00 5.00000% 940.28851792 3.91786379 0.00000000 0.00000000
2-B-5 231,944.00 5.00000% 940.28851792 3.91788535 0.00000000 0.00000000
2-B-6 348,100.00 5.00000% 940.28853778 3.91786843 0.00000000 0.00000000
SES 0.00 0.00000% 841.78929688 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-CB-1 0.00000030 0.00000000 3.90643310 0.00000000 833.44420690
1-CB-WIO 0.00000000 0.00000000 0.21785100 0.00000000 821.12615281
1-AR 0.00000000 0.00000000 1.60000000 0.00000000 0.00000000
1-A-1 0.00000026 0.00000000 3.64294321 0.00000000 772.53777997
1-A-2 0.00000038 0.00000000 4.58333295 0.00000000 1000.00000000
1-A-3 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-4 0.00000031 0.00000000 3.74274970 0.00000000 796.67906826
1-A-5 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000
1-A-6 0.00000000 0.00000000 4.79166717 0.00000000 1000.00000000
1-A-7 0.00000000 0.00000000 4.79166400 0.00000000 1000.00000000
1-A-8 0.00000000 0.00000000 4.79166723 0.00000000 1000.00000000
1-A-9 0.00000000 0.00000000 4.79166560 0.00000000 1000.00000000
1-A-WIO 0.00000000 0.00000000 0.21488623 0.00000000 796.55304836
2-A-1 0.00000052 0.00000000 3.25751671 0.00000000 768.27339890
2-A-2 0.00000061 0.00000000 3.36217047 0.00000000 794.94785849
2-A-3 0.00000080 0.00000000 4.16666586 0.00000000 1000.00000000
2-A-4 0.00000054 0.00000000 3.45660329 0.00000000 819.01715936
2-A-WIO 0.00000000 0.00000000 0.23581148 0.00000000 810.33418100
A-PO 0.00000000 0.00000000 0.00000000 0.00000000 874.35998119
1-B-1 0.00000000 0.00000000 4.50747974 0.00000000 982.29683823
1-B-2 0.00000000 0.00000000 4.50748008 0.00000000 982.29683908
1-B-3 0.00000000 0.00000000 4.50747875 0.00000000 982.29683862
1-B-4 0.00000000 0.00000000 4.50748019 0.00000000 982.29683801
1-B-5 0.00000000 0.00000000 4.50747905 0.00000000 982.29684120
1-B-6 0.00000000 0.00000000 4.50748132 0.00000000 982.29683683
2-B-1 0.00000000 0.00000000 3.91786811 0.00000000 936.11269099
2-B-2 0.00000000 0.00000000 3.91786687 0.00000000 936.11269469
2-B-3 0.00000000 0.00000000 3.91786687 0.00000000 936.11269469
2-B-4 0.00000000 0.00000000 3.91786379 0.00000000 936.11268237
2-B-5 0.00000000 0.00000000 3.91788535 0.00000000 936.11268237
2-B-6 0.00000000 0.00000000 3.91786843 0.00000000 936.11269750
SES 0.00000000 0.00000000 0.14948300 0.00000000 827.03152092
<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-CB-APO 0.00000% 0.00 0.00 1,681,367.71 1,674,808.98 88.32230457%
1-A-APO 0.00000% 0.00 0.00 4,805,702.89 4,763,797.21 88.18755679%
2-APO 0.00000% 0.00 0.00 4,457,044.46 4,414,978.25 86.31371987%
1-CB-SES 0.00000% 92,075,664.53 90,176,194.05 0.00 0.00 84.16163641%
1-A-SES 0.00000% 260,329,784.59 255,071,567.89 0.00 0.00 82.53700497%
2-SES 0.00000% 193,183,021.12 190,775,758.45 0.00 0.00 82.25077807%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 12,135,631.38
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 12,135,631.38
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 24,324.14
Payment of Interest and Principal 12,111,307.24
Total Withdrawals (Pool Distribution Amount) 12,135,631.38
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 22,732.85
Trustee Fee 1,591.29
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 24,324.14
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 2 0 0 2
442,150.92 0.00 0.00 442,150.92
30 Days 27 1 0 0 28
4,384,115.87 298,537.61 0.00 0.00 4,682,653.48
60 Days 2 0 0 0 2
230,717.11 0.00 0.00 0.00 230,717.11
90 Days 1 0 0 0 1
86,181.89 0.00 0.00 0.00 86,181.89
120 Days 0 0 1 0 1
0.00 0.00 108,711.02 0.00 108,711.02
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 2 0 2
0.00 0.00 581,112.47 0.00 581,112.47
Totals 30 3 3 0 36
4,701,014.87 740,688.53 689,823.49 0.00 6,131,526.89
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0.049517% 0.000000% 0.000000% 0.049517%
0.082321% 0.000000% 0.000000% 0.082321%
30 Days 0.668482% 0.024759% 0.000000% 0.000000% 0.693241%
0.816244% 0.055582% 0.000000% 0.000000% 0.871827%
60 Days 0.049517% 0.000000% 0.000000% 0.000000% 0.049517%
0.042955% 0.000000% 0.000000% 0.000000% 0.042955%
90 Days 0.024759% 0.000000% 0.000000% 0.000000% 0.024759%
0.016046% 0.000000% 0.000000% 0.000000% 0.016046%
120 Days 0.000000% 0.000000% 0.024759% 0.000000% 0.024759%
0.000000% 0.000000% 0.020240% 0.000000% 0.020240%
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% 0.049517% 0.000000% 0.049517%
0.000000% 0.000000% 0.108193% 0.000000% 0.108193%
Totals 0.742758% 0.074276% 0.074276% 0.000000% 0.891310%
0.875245% 0.137903% 0.128433% 0.000000% 1.141581%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 1-CB 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 5 0 0 0 5
780,912.69 0.00 0.00 0.00 780,912.69
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 1 0 1
0.00 0.00 108,711.02 0.00 108,711.02
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 0.00 184,763.81 0.00 184,763.81
Totals 5 0 2 0 7
780,912.69 0.00 293,474.83 0.00 1,074,387.52
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.794913% 0.000000% 0.000000% 0.000000% 0.794913%
0.865089% 0.000000% 0.000000% 0.000000% 0.865089%
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% 0.158983% 0.000000% 0.158983%
0.000000% 0.000000% 0.120429% 0.000000% 0.120429%
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% 0.158983% 0.000000% 0.158983%
0.000000% 0.000000% 0.204680% 0.000000% 0.204680%
Totals 0.794913% 0.000000% 0.317965% 0.000000% 1.112878%
0.865089% 0.000000% 0.325109% 0.000000% 1.190198%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 1 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
416,812.06 0.00 0.00 416,812.06
30 Days 15 0 0 0 15
3,115,550.94 0.00 0.00 0.00 3,115,550.94
60 Days 2 0 0 0 2
230,717.11 0.00 0.00 0.00 230,717.11
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 0.00 396,348.66 0.00 396,348.66
Totals 17 1 1 0 19
3,346,268.05 416,812.06 396,348.66 0.00 4,159,428.77
0-29 Days 0.061350% 0.000000% 0.000000% 0.061350%
0.163242% 0.000000% 0.000000% 0.163242%
30 Days 0.920245% 0.000000% 0.000000% 0.000000% 0.920245%
1.220188% 0.000000% 0.000000% 0.000000% 1.220188%
60 Days 0.122699% 0.000000% 0.000000% 0.000000% 0.122699%
0.090359% 0.000000% 0.000000% 0.000000% 0.090359%
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% 0.061350% 0.000000% 0.061350%
0.000000% 0.000000% 0.155228% 0.000000% 0.155228%
Totals 1.042945% 0.061350% 0.061350% 0.000000% 1.165644%
1.310548% 0.163242% 0.155228% 0.000000% 1.629017%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
Group 2 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
25,338.86 0.00 0.00 25,338.86
30 Days 7 1 0 0 8
487,652.24 298,537.61 0.00 0.00 786,189.85
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 1 0 0 0 1
86,181.89 0.00 0.00 0.00 86,181.89
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 2 0 0 10
573,834.13 323,876.47 0.00 0.00 897,710.60
0-29 Days 0.056180% 0.000000% 0.000000% 0.056180%
0.013231% 0.000000% 0.000000% 0.013231%
30 Days 0.393258% 0.056180% 0.000000% 0.000000% 0.449438%
0.254642% 0.155890% 0.000000% 0.000000% 0.410532%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.056180% 0.000000% 0.000000% 0.000000% 0.056180%
0.045002% 0.000000% 0.000000% 0.000000% 0.045002%
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 0.449438% 0.112360% 0.000000% 0.000000% 0.561798%
0.299644% 0.169122% 0.000000% 0.000000% 0.468766%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 35,547.42
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 5.641018%
Weighted Average Pass-Through Rate 5.387518%
Weighted Average Maturity(Stepdown Calculation ) 276
Beginning Scheduled Collateral Loan Count 4,096
Number Of Loans Paid In Full 57
Ending Scheduled Collateral Loan Count 4,039
Beginning Scheduled Collateral Balance 545,588,470.24
Ending Scheduled Collateral Balance 536,023,520.39
Ending Actual Collateral Balance at 30-Nov-2004 537,108,392.38
Monthly P &I Constant 3,837,551.39
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Class A Non-PO Optimal Amount 11,677,554.47
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 536,023,520.39
Scheduled Principal 1,272,822.78
Unscheduled Principal 8,292,127.07
Group Level Collateral Statement
Group Group 1-CB Group 1 Group 2
Collateral Description Fixed 30 Year Fixed 30 Year Fixed 15 Year
Weighted Average Coupon Rate 5.813282 5.811649 5.328974
Weighted Average Net Rate 5.563282 5.561649 5.078973
Weighted Average Maturity 341 341 160
Beginning Loan Count 640 1,660 1,796
Loans Paid In Full 11 30 16
Ending Loan Count 629 1,630 1,780
Beginning Scheduled Balance 92,075,664.53 260,329,784.59 193,183,021.12
Ending scheduled Balance 90,176,194.05 255,071,567.89 190,775,758.45
Record Date 11/30/2004 11/30/2004 11/30/2004
Principal And Interest Constant 554,240.28 1,566,583.85 1,716,727.26
Scheduled Principal 108,188.76 305,796.11 858,837.91
Unscheduled Principal 1,791,281.72 4,952,420.59 1,548,424.76
Scheduled Interest 446,051.52 1,260,787.74 857,889.35
Servicing Fees 19,182.44 54,235.37 40,246.48
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 268.53 759.30 563.46
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 426,600.55 1,205,793.07 817,079.41
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 5.559782 5.558149 5.075474
Group Level Collateral Statement
Group Total
Collateral Description Fixed
Weighted Average Coupon Rate 5.641018
Weighted Average Net Rate 5.391018
Weighted Average Maturity 276
Beginning Loan Count 4,096
Loans Paid In Full 57
Ending Loan Count 4,039
Beginning Scheduled Balance 545,588,470.24
Ending scheduled Balance 536,023,520.39
Record Date 11/30/2004
Principal And Interest Constant 3,837,551.39
Scheduled Principal 1,272,822.78
Unscheduled Principal 8,292,127.07
Scheduled Interest 2,564,728.61
Servicing Fees 113,664.29
Master Servicing Fees 0.00
Trustee Fee 1,591.29
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 2,449,473.03
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 5.387518
Miscellaneous Reporting
Group Group 1-CB
CPR 21.024639%
Subordinate % 5.711669%
Subordintate Prepay % 0.000000%
Senior Prepay % 100.000000%
Senior % 94.288331%
Group Group 1
CPR 20.606740%
Subordinate % 5.828300%
Subordintate Prepay % 0.000000%
Senior Prepay % 100.000000%
Senior % 94.171700%
Group Group 2
CPR 9.244803%
Subordinate % 2.484681%
Subordintate Prepay % 0.000000%
Senior Prepay % 100.000000%
Senior % 97.515319%
Group