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 2003-11 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-18 54-2139182
Pooling and Servicing Agreement) (Commission 54-2139183
(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 December 27, 2004 a distribution was made to holders of BANC OF AMERICA
ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-11
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 2003-11 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 2003-11 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 2003-11 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 2003-11
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 05948KJJ9 SEN 6.00000% 117,420,641.20 585,879.31 3,097,728.55
1-A-R 05948KJK6 SEN 6.00000% 0.00 0.00 0.00
1-A-LR 05948KJL4 SEN 6.00000% 0.00 0.00 0.00
2-A-1 05948KJM2 SEN 6.00000% 56,263,245.69 280,729.79 1,812,949.08
CB-IO 05948KJN0 IO 0.32638% 0.00 22,145.85 0.00
3-A-1 05948KJP5 SEN 6.00000% 11,898,082.01 59,366.39 13,638.71
3-IO 05948KJQ3 IO 0.48751% 0.00 2,148.95 0.00
4-A-1 05948KJR1 SEN 4.75000% 44,105,189.79 174,583.00 443,087.80
4-A-2 05948KJS9 SEN 4.75000% 625,829.70 2,477.24 6,287.19
5-A-1 05948KJT7 SEN 5.50000% 37,729,421.03 172,926.47 600,505.28
5-A-2 05948KJU4 SEN 5.50000% 530,464.90 2,431.30 8,442.93
15-IO 05948KJV2 IO 0.34997% 0.00 19,199.40 0.00
PO 05948KJW0 PO 0.00000% 6,340,077.45 0.00 76,689.27
15-B-1 05948KKA6 SUB 5.10815% 1,221,630.30 5,200.22 5,147.20
15-B-2 05948KKB4 SUB 5.10815% 469,121.35 1,996.95 1,976.59
15-B-3 05948KJH3 SUB 5.10815% 328,384.95 1,397.87 1,383.61
15-B-4 05948KKG3 SUB 5.10815% 187,648.54 798.78 790.64
15-B-5 05948KKH1 SUB 5.10815% 94,781.66 403.47 399.35
15-B-6 05948KKJ7 SUB 5.10815% 187,885.98 799.79 791.63
30-B-1 05948KJX8 SUB 6.00000% 5,677,021.62 28,325.94 6,155.19
30-B-2 05948KJY6 SUB 6.00000% 2,601,226.73 12,979.02 2,820.32
30-B-3 05948KJZ3 SUB 6.00000% 1,183,454.35 5,904.94 1,283.13
30-B-4 05948KKD0 SUB 6.00000% 1,537,403.10 7,670.99 1,666.90
30-B-5 05948KKE8 SUB 6.00000% 945,181.59 4,716.06 1,024.79
30-B-6 05948KKF5 SUB 6.00000% 1,065,361.12 5,315.70 1,155.09
SES 05948KKC2 SEN 0.00000% 0.00 53,406.28 0.00
Totals 290,412,053.06 1,450,803.71 6,083,923.25
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-A-1 0.00 114,322,912.65 3,683,607.86 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 54,450,296.61 2,093,678.87 0.00
CB-IO 0.00 0.00 22,145.85 0.00
3-A-1 0.00 11,884,443.30 73,005.10 0.00
3-IO 0.00 0.00 2,148.95 0.00
4-A-1 0.00 43,662,101.99 617,670.80 0.00
4-A-2 0.00 619,542.51 8,764.43 0.00
5-A-1 0.00 37,128,915.75 773,431.75 0.00
5-A-2 0.00 522,021.97 10,874.23 0.00
15-IO 0.00 0.00 19,199.40 0.00
PO 0.00 6,263,388.18 76,689.27 0.00
15-B-1 0.00 1,216,483.10 10,347.42 0.00
15-B-2 0.00 467,144.76 3,973.54 0.00
15-B-3 0.00 327,001.33 2,781.48 0.00
15-B-4 0.00 186,857.91 1,589.42 0.00
15-B-5 0.00 94,382.31 802.82 0.00
15-B-6 0.00 187,094.35 1,591.42 0.00
30-B-1 0.00 5,670,866.43 34,481.13 0.00
30-B-2 0.00 2,598,406.41 15,799.34 0.00
30-B-3 0.00 1,182,171.22 7,188.07 0.00
30-B-4 0.00 1,535,736.21 9,337.89 0.00
30-B-5 0.00 944,156.79 5,740.85 0.00
30-B-6 0.00 1,064,206.04 6,470.79 0.00
SES 0.00 0.00 53,406.28 0.00
Totals 0.00 284,328,129.82 7,534,726.96 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-1 136,100,000.00 117,420,641.20 129,866.11 2,967,862.45 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 67,940,000.00 56,263,245.69 59,371.48 1,753,577.60 0.00 0.00
CB-IO 0.00 0.00 0.00 0.00 0.00 0.00
3-A-1 15,462,000.00 11,898,082.01 12,138.92 1,499.79 0.00 0.00
3-IO 0.00 0.00 0.00 0.00 0.00 0.00
4-A-1 48,839,000.00 44,105,189.79 190,231.58 252,856.22 0.00 0.00
4-A-2 693,000.00 625,829.70 2,699.29 3,587.90 0.00 0.00
5-A-1 44,880,000.00 37,729,421.03 154,850.87 445,654.41 0.00 0.00
5-A-2 631,000.00 530,464.90 2,177.16 6,265.77 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
PO 7,017,645.00 6,340,077.45 9,004.08 67,685.19 0.00 0.00
15-B-1 1,276,000.00 1,221,630.30 5,147.20 0.00 0.00 0.00
15-B-2 490,000.00 469,121.35 1,976.59 0.00 0.00 0.00
15-B-3 343,000.00 328,384.95 1,383.61 0.00 0.00 0.00
15-B-4 196,000.00 187,648.54 790.64 0.00 0.00 0.00
15-B-5 99,000.00 94,781.66 399.35 0.00 0.00 0.00
15-B-6 196,248.00 187,885.98 791.63 0.00 0.00 0.00
30-B-1 5,742,000.00 5,677,021.62 6,155.19 0.00 0.00 0.00
30-B-2 2,631,000.00 2,601,226.73 2,820.32 0.00 0.00 0.00
30-B-3 1,197,000.00 1,183,454.35 1,283.13 0.00 0.00 0.00
30-B-4 1,555,000.00 1,537,403.10 1,666.90 0.00 0.00 0.00
30-B-5 956,000.00 945,181.59 1,024.79 0.00 0.00 0.00
30-B-6 1,077,555.00 1,065,361.12 1,155.09 0.00 0.00 0.00
SES 0.00 0.00 0.00 0.00 0.00 0.00
Totals 337,321,548.00 290,412,053.06 584,933.93 5,498,989.33 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-A-1 3,097,728.55 114,322,912.65 0.83999201 3,097,728.55
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 1,812,949.08 54,450,296.61 0.80144681 1,812,949.08
CB-IO 0.00 0.00 0.00000000 0.00
3-A-1 13,638.71 11,884,443.30 0.76862264 13,638.71
3-IO 0.00 0.00 0.00000000 0.00
4-A-1 443,087.80 43,662,101.99 0.89400074 443,087.80
4-A-2 6,287.19 619,542.51 0.89400074 6,287.19
5-A-1 600,505.28 37,128,915.75 0.82729313 600,505.28
5-A-2 8,442.93 522,021.97 0.82729314 8,442.93
15-IO 0.00 0.00 0.00000000 0.00
PO 76,689.27 6,263,388.18 0.89251995 76,689.27
15-B-1 5,147.20 1,216,483.10 0.95335666 5,147.20
15-B-2 1,976.59 467,144.76 0.95335665 1,976.59
15-B-3 1,383.61 327,001.33 0.95335665 1,383.61
15-B-4 790.64 186,857.91 0.95335668 790.64
15-B-5 399.35 94,382.31 0.95335667 399.35
15-B-6 791.63 187,094.35 0.95335672 791.63
30-B-1 6,155.19 5,670,866.43 0.98761171 6,155.19
30-B-2 2,820.32 2,598,406.41 0.98761171 2,820.32
30-B-3 1,283.13 1,182,171.22 0.98761171 1,283.13
30-B-4 1,666.90 1,535,736.21 0.98761171 1,666.90
30-B-5 1,024.79 944,156.79 0.98761171 1,024.79
30-B-6 1,155.09 1,064,206.04 0.98761181 1,155.09
SES 0.00 0.00 0.00000000 0.00
Totals 6,083,923.25 284,328,129.82 0.84289940 6,083,923.25
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-1 136,100,000.00 862.75269067 0.95419625 21.80648384 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 67,940,000.00 828.13137607 0.87388107 25.81068001 0.00000000
CB-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
3-A-1 15,462,000.00 769.50472190 0.78508084 0.09699845 0.00000000
3-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 48,839,000.00 903.07315445 3.89507525 5.17734229 0.00000000
4-A-2 693,000.00 903.07316017 3.89507937 5.17734488 0.00000000
5-A-1 44,880,000.00 840.67337411 3.45033133 9.92991110 0.00000000
5-A-2 631,000.00 840.67337559 3.45033281 9.92990491 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
PO 7,017,645.00 903.44801568 1.28306291 9.64500057 0.00000000
15-B-1 1,276,000.00 957.39051724 4.03385580 0.00000000 0.00000000
15-B-2 490,000.00 957.39051020 4.03385714 0.00000000 0.00000000
15-B-3 343,000.00 957.39052478 4.03384840 0.00000000 0.00000000
15-B-4 196,000.00 957.39051020 4.03387755 0.00000000 0.00000000
15-B-5 99,000.00 957.39050505 4.03383838 0.00000000 0.00000000
15-B-6 196,248.00 957.39054666 4.03382455 0.00000000 0.00000000
30-B-1 5,742,000.00 988.68366771 1.07195925 0.00000000 0.00000000
30-B-2 2,631,000.00 988.68366781 1.07195743 0.00000000 0.00000000
30-B-3 1,197,000.00 988.68366750 1.07195489 0.00000000 0.00000000
30-B-4 1,555,000.00 988.68366559 1.07196141 0.00000000 0.00000000
30-B-5 956,000.00 988.68367155 1.07195607 0.00000000 0.00000000
30-B-6 1,077,555.00 988.68375164 1.07195456 0.00000000 0.00000000
SES 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All deals 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 22.76068001 839.99201065 0.83999201 22.76068001
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 26.68456108 801.44681498 0.80144681 26.68456108
CB-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
3-A-1 0.00000000 0.88207929 768.62264261 0.76862264 0.88207929
3-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
4-A-1 0.00000000 9.07241754 894.00073691 0.89400074 9.07241754
4-A-2 0.00000000 9.07242424 894.00073593 0.89400074 9.07242424
5-A-1 0.00000000 13.38024242 827.29313168 0.82729313 13.38024242
5-A-2 0.00000000 13.38023772 827.29313788 0.82729314 13.38023772
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
PO 0.00000000 10.92806347 892.51995221 0.89251995 10.92806347
15-B-1 0.00000000 4.03385580 953.35666144 0.95335666 4.03385580
15-B-2 0.00000000 4.03385714 953.35665306 0.95335665 4.03385714
15-B-3 0.00000000 4.03384840 953.35664723 0.95335665 4.03384840
15-B-4 0.00000000 4.03387755 953.35668367 0.95335668 4.03387755
15-B-5 0.00000000 4.03383838 953.35666667 0.95335667 4.03383838
15-B-6 0.00000000 4.03382455 953.35672211 0.95335672 4.03382455
30-B-1 0.00000000 1.07195925 987.61170846 0.98761171 1.07195925
30-B-2 0.00000000 1.07195743 987.61171038 0.98761171 1.07195743
30-B-3 0.00000000 1.07195489 987.61171261 0.98761171 1.07195489
30-B-4 0.00000000 1.07196141 987.61171061 0.98761171 1.07196141
30-B-5 0.00000000 1.07195607 987.61170502 0.98761171 1.07195607
30-B-6 0.00000000 1.07195456 987.61180636 0.98761181 1.07195456
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-1 136,100,000.00 6.00000% 117,420,641.20 587,103.21 0.00 0.00
1-A-R 50.00 6.00000% 0.00 0.00 0.00 0.00
1-A-LR 50.00 6.00000% 0.00 0.00 0.00 0.00
2-A-1 67,940,000.00 6.00000% 56,263,245.69 281,316.23 0.00 0.00
CB-IO 0.00 0.32638% 81,594,303.04 22,192.11 0.00 0.00
3-A-1 15,462,000.00 6.00000% 11,898,082.01 59,490.41 0.00 0.00
3-IO 0.00 0.48751% 5,300,692.35 2,153.44 0.00 0.00
4-A-1 48,839,000.00 4.75000% 44,105,189.79 174,583.04 0.00 0.00
4-A-2 693,000.00 4.75000% 625,829.70 2,477.24 0.00 0.00
5-A-1 44,880,000.00 5.50000% 37,729,421.03 172,926.51 0.00 0.00
5-A-2 631,000.00 5.50000% 530,464.90 2,431.30 0.00 0.00
15-IO 0.00 0.34997% 65,831,437.57 19,199.40 0.00 0.00
PO 7,017,645.00 0.00000% 6,340,077.45 0.00 0.00 0.00
15-B-1 1,276,000.00 5.10815% 1,221,630.30 5,200.22 0.00 0.00
15-B-2 490,000.00 5.10815% 469,121.35 1,996.95 0.00 0.00
15-B-3 343,000.00 5.10815% 328,384.95 1,397.87 0.00 0.00
15-B-4 196,000.00 5.10815% 187,648.54 798.78 0.00 0.00
15-B-5 99,000.00 5.10815% 94,781.66 403.47 0.00 0.00
15-B-6 196,248.00 5.10815% 187,885.98 799.79 0.00 0.00
30-B-1 5,742,000.00 6.00000% 5,677,021.62 28,385.11 0.00 0.00
30-B-2 2,631,000.00 6.00000% 2,601,226.73 13,006.13 0.00 0.00
30-B-3 1,197,000.00 6.00000% 1,183,454.35 5,917.27 0.00 0.00
30-B-4 1,555,000.00 6.00000% 1,537,403.10 7,687.02 0.00 0.00
30-B-5 956,000.00 6.00000% 945,181.59 4,725.91 0.00 0.00
30-B-6 1,077,555.00 6.00000% 1,065,361.12 5,326.81 0.00 0.00
SES 0.00 0.00000% 290,412,053.76 0.00 0.00 0.00
Totals 337,321,548.00 1,399,518.22 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 1,223.90 0.00 585,879.31 0.00 114,322,912.65
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-1 586.44 0.00 280,729.79 0.00 54,450,296.61
CB-IO 46.26 0.00 22,145.85 0.00 78,598,025.15
3-A-1 124.02 0.00 59,366.39 0.00 11,884,443.30
3-IO 4.49 0.00 2,148.95 0.00 5,294,471.92
4-A-1 0.04 0.00 174,583.00 0.00 43,662,101.99
4-A-2 0.00 0.00 2,477.24 0.00 619,542.51
5-A-1 0.04 0.00 172,926.47 0.00 37,128,915.75
5-A-2 0.00 0.00 2,431.30 0.00 522,021.97
15-IO 0.00 0.00 19,199.40 0.00 64,889,457.18
PO 0.00 0.00 0.00 0.00 6,263,388.18
15-B-1 0.00 0.00 5,200.22 0.00 1,216,483.10
15-B-2 0.00 0.00 1,996.95 0.00 467,144.76
15-B-3 0.00 0.00 1,397.87 0.00 327,001.33
15-B-4 0.00 0.00 798.78 0.00 186,857.91
15-B-5 0.00 0.00 403.47 0.00 94,382.31
15-B-6 0.00 0.00 799.79 0.00 187,094.35
30-B-1 59.17 0.00 28,325.94 0.00 5,670,866.43
30-B-2 27.11 0.00 12,979.02 0.00 2,598,406.41
30-B-3 12.34 0.00 5,904.94 0.00 1,182,171.22
30-B-4 16.02 0.00 7,670.99 0.00 1,535,736.21
30-B-5 9.85 0.00 4,716.06 0.00 944,156.79
30-B-6 11.10 0.00 5,315.70 0.00 1,064,206.04
SES 0.00 0.00 53,406.28 0.00 284,328,130.50
Totals 2,120.78 0.00 1,450,803.71 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-1 136,100,000.00 6.00000% 862.75269067 4.31376348 0.00000000 0.00000000
1-A-R 50.00 6.00000% 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 50.00 6.00000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 67,940,000.00 6.00000% 828.13137607 4.14065690 0.00000000 0.00000000
CB-IO 0.00 0.32638% 827.22156527 0.22498865 0.00000000 0.00000000
3-A-1 15,462,000.00 6.00000% 769.50472190 3.84752361 0.00000000 0.00000000
3-IO 0.00 0.48751% 814.57705000 0.33092711 0.00000000 0.00000000
4-A-1 48,839,000.00 4.75000% 903.07315445 3.57466451 0.00000000 0.00000000
4-A-2 693,000.00 4.75000% 903.07316017 3.57466089 0.00000000 0.00000000
5-A-1 44,880,000.00 5.50000% 840.67337411 3.85308623 0.00000000 0.00000000
5-A-2 631,000.00 5.50000% 840.67337559 3.85309033 0.00000000 0.00000000
15-IO 0.00 0.34997% 887.46220528 0.25882379 0.00000000 0.00000000
PO 7,017,645.00 0.00000% 903.44801568 0.00000000 0.00000000 0.00000000
15-B-1 1,276,000.00 5.10815% 957.39051724 4.07540752 0.00000000 0.00000000
15-B-2 490,000.00 5.10815% 957.39051020 4.07540816 0.00000000 0.00000000
15-B-3 343,000.00 5.10815% 957.39052478 4.07542274 0.00000000 0.00000000
15-B-4 196,000.00 5.10815% 957.39051020 4.07540816 0.00000000 0.00000000
15-B-5 99,000.00 5.10815% 957.39050505 4.07545455 0.00000000 0.00000000
15-B-6 196,248.00 5.10815% 957.39054666 4.07540459 0.00000000 0.00000000
30-B-1 5,742,000.00 6.00000% 988.68366771 4.94341867 0.00000000 0.00000000
30-B-2 2,631,000.00 6.00000% 988.68366781 4.94341695 0.00000000 0.00000000
30-B-3 1,197,000.00 6.00000% 988.68366750 4.94341688 0.00000000 0.00000000
30-B-4 1,555,000.00 6.00000% 988.68366559 4.94342122 0.00000000 0.00000000
30-B-5 956,000.00 6.00000% 988.68367155 4.94342050 0.00000000 0.00000000
30-B-6 1,077,555.00 6.00000% 988.68375164 4.94342284 0.00000000 0.00000000
SES 0.00 0.00000% 860.93537396 0.00000000 0.00000000 0.00000000
<FN>
(5) All deals 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 0.00899265 0.00000000 4.30477083 0.00000000 839.99201065
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 0.00863173 0.00000000 4.13202517 0.00000000 801.44681498
CB-IO 0.00046899 0.00000000 0.22451965 0.00000000 796.84461990
3-A-1 0.00802095 0.00000000 3.83950265 0.00000000 768.62264261
3-IO 0.00068999 0.00000000 0.33023712 0.00000000 813.62113345
4-A-1 0.00000082 0.00000000 3.57466369 0.00000000 894.00073691
4-A-2 0.00000000 0.00000000 3.57466089 0.00000000 894.00073593
5-A-1 0.00000089 0.00000000 3.85308534 0.00000000 827.29313168
5-A-2 0.00000000 0.00000000 3.85309033 0.00000000 827.29313788
15-IO 0.00000000 0.00000000 0.25882379 0.00000000 874.76353083
PO 0.00000000 0.00000000 0.00000000 0.00000000 892.51995221
15-B-1 0.00000000 0.00000000 4.07540752 0.00000000 953.35666144
15-B-2 0.00000000 0.00000000 4.07540816 0.00000000 953.35665306
15-B-3 0.00000000 0.00000000 4.07542274 0.00000000 953.35664723
15-B-4 0.00000000 0.00000000 4.07540816 0.00000000 953.35668367
15-B-5 0.00000000 0.00000000 4.07545455 0.00000000 953.35666667
15-B-6 0.00000000 0.00000000 4.07540459 0.00000000 953.35672211
30-B-1 0.01030477 0.00000000 4.93311390 0.00000000 987.61170846
30-B-2 0.01030407 0.00000000 4.93311288 0.00000000 987.61171038
30-B-3 0.01030911 0.00000000 4.93311612 0.00000000 987.61171261
30-B-4 0.01030225 0.00000000 4.93311254 0.00000000 987.61171061
30-B-5 0.01030335 0.00000000 4.93311715 0.00000000 987.61170502
30-B-6 0.01030110 0.00000000 4.93311246 0.00000000 987.61180636
SES 0.00000000 0.00000000 0.15832454 0.00000000 842.89939825
<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 0.30830% 59,102,795.58 57,208,628.32 0.00 0.00 82.01744057%
2-IO 0.37389% 22,491,507.46 21,389,396.83 0.00 0.00 74.05072158%
3-IO-1 0.48751% 5,300,692.35 5,294,471.92 0.00 0.00 7.59044656%
4-IO 0.41946% 35,725,602.42 35,321,521.79 0.00 0.00 89.90475323%
5-IO 0.26752% 30,105,835.15 29,567,935.39 0.00 0.00 84.74199928%
1-PO 0.00000% 0.00 0.00 3,674,988.99 3,626,375.29 89.75767663%
2-PO 0.00000% 0.00 0.00 1,930,155.55 1,904,324.76 89.40596768%
3-PO 0.00000% 0.00 0.00 349,581.99 349,187.82 86.11863675%
4-PO 0.00000% 0.00 0.00 372,593.39 370,846.45 87.09016037%
5-PO 0.00000% 0.00 0.00 12,757.54 12,653.86 78.13918735%
1-SES 0.00000% 129,156,861.04 126,001,603.15 0.00 0.00 84.96653535%
2-SES 0.00000% 62,227,496.69 60,384,459.87 0.00 0.00 81.43664185%
3-SES 0.00000% 13,161,986.51 13,147,020.80 0.00 0.00 78.29467500%
4-SES 0.00000% 46,404,280.61 45,947,548.73 0.00 0.00 89.53515579%
5-SES 0.00000% 39,461,428.91 38,847,497.95 0.00 0.00 83.06537881%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 7,548,642.52
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 7,548,642.52
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 13,915.56
Payment of Interest and Principal 7,534,726.96
Total Withdrawals (Pool Distribution Amount) 7,548,642.52
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 2,120.78
SERVICING FEES
<s> <c>
Gross Servicing Fee 12,100.50
Trustee Fee - Wells Fargo Bank, N.A. 1,815.06
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 13,915.56
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 3 0 0 3
300,257.25 0.00 0.00 300,257.25
30 Days 23 0 0 0 23
3,062,148.56 0.00 0.00 0.00 3,062,148.56
60 Days 8 0 0 0 8
871,387.98 0.00 0.00 0.00 871,387.98
90 Days 0 0 1 0 1
0.00 0.00 126,773.85 0.00 126,773.85
120 Days 0 0 1 0 1
0.00 0.00 127,919.66 0.00 127,919.66
150 Days 1 0 0 0 1
157,441.66 0.00 0.00 0.00 157,441.66
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 32 3 2 0 37
4,090,978.20 300,257.25 254,693.51 0.00 4,645,928.96
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 0.124069% 0.000000% 0.000000% 0.124069%
0.105420% 0.000000% 0.000000% 0.105420%
30 Days 0.951199% 0.000000% 0.000000% 0.000000% 0.951199%
1.075117% 0.000000% 0.000000% 0.000000% 1.075117%
60 Days 0.330852% 0.000000% 0.000000% 0.000000% 0.330852%
0.305943% 0.000000% 0.000000% 0.000000% 0.305943%
90 Days 0.000000% 0.000000% 0.041356% 0.000000% 0.041356%
0.000000% 0.000000% 0.044510% 0.000000% 0.044510%
120 Days 0.000000% 0.000000% 0.041356% 0.000000% 0.041356%
0.000000% 0.000000% 0.044912% 0.000000% 0.044912%
150 Days 0.041356% 0.000000% 0.000000% 0.000000% 0.041356%
0.055278% 0.000000% 0.000000% 0.000000% 0.055278%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 1.323408% 0.124069% 0.082713% 0.000000% 1.530190%
1.436339% 0.105420% 0.089423% 0.000000% 1.631181%
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
1,167,587.14 0.00 0.00 0.00 1,167,587.14
60 Days 7 0 0 0 7
749,882.52 0.00 0.00 0.00 749,882.52
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 15 0 0 0 15
1,917,469.66 0.00 0.00 0.00 1,917,469.66
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.733272% 0.000000% 0.000000% 0.000000% 0.733272%
0.925770% 0.000000% 0.000000% 0.000000% 0.925770%
60 Days 0.641613% 0.000000% 0.000000% 0.000000% 0.641613%
0.594576% 0.000000% 0.000000% 0.000000% 0.594576%
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 1.374885% 0.000000% 0.000000% 0.000000% 1.374885%
1.520346% 0.000000% 0.000000% 0.000000% 1.520346%
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
96,772.78 0.00 0.00 96,772.78
30 Days 10 0 0 0 10
1,457,687.08 0.00 0.00 0.00 1,457,687.08
60 Days 1 0 0 0 1
121,505.46 0.00 0.00 0.00 121,505.46
90 Days 0 0 1 0 1
0.00 0.00 126,773.85 0.00 126,773.85
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 1 0 0 0 1
157,441.66 0.00 0.00 0.00 157,441.66
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 12 1 1 0 14
1,736,634.20 96,772.78 126,773.85 0.00 1,960,180.83
0-29 Days 0.242718% 0.000000% 0.000000% 0.242718%
0.160119% 0.000000% 0.000000% 0.160119%
30 Days 2.427184% 0.000000% 0.000000% 0.000000% 2.427184%
2.411864% 0.000000% 0.000000% 0.000000% 2.411864%
60 Days 0.242718% 0.000000% 0.000000% 0.000000% 0.242718%
0.201041% 0.000000% 0.000000% 0.000000% 0.201041%
90 Days 0.000000% 0.000000% 0.242718% 0.000000% 0.242718%
0.000000% 0.000000% 0.209758% 0.000000% 0.209758%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.242718% 0.000000% 0.000000% 0.000000% 0.242718%
0.260500% 0.000000% 0.000000% 0.000000% 0.260500%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 2.912621% 0.242718% 0.242718% 0.000000% 3.398058%
2.873405% 0.160119% 0.209758% 0.000000% 3.243282%
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 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>
4 - 15 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 4 0 0 0 4
398,295.54 0.00 0.00 0.00 398,295.54
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 4 0 0 0 4
398,295.54 0.00 0.00 0.00 398,295.54
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.886918% 0.000000% 0.000000% 0.000000% 0.886918%
0.863710% 0.000000% 0.000000% 0.000000% 0.863710%
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 0.886918% 0.000000% 0.000000% 0.000000% 0.886918%
0.863710% 0.000000% 0.000000% 0.000000% 0.863710%
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 2 0 0 2
203,484.47 0.00 0.00 203,484.47
30 Days 1 0 0 0 1
38,578.80 0.00 0.00 0.00 38,578.80
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 0.00 127,919.66 0.00 127,919.66
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 1 2 1 0 4
38,578.80 203,484.47 127,919.66 0.00 369,982.93
0-29 Days 0.460829% 0.000000% 0.000000% 0.460829%
0.521941% 0.000000% 0.000000% 0.521941%
30 Days 0.230415% 0.000000% 0.000000% 0.000000% 0.230415%
0.098955% 0.000000% 0.000000% 0.000000% 0.098955%
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% 0.230415% 0.000000% 0.230415%
0.000000% 0.000000% 0.328116% 0.000000% 0.328116%
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 0.230415% 0.460829% 0.230415% 0.000000% 0.921659%
0.098955% 0.521941% 0.328116% 0.000000% 0.949012%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 27,858.35
COLLATERAL STATEMENT
Collateral Description Fixed
Weighted Average Gross Coupon 6.040393%
Weighted Average Pass-Through Rate 5.782892%
Weighted Average Maturity(Stepdown Calculation ) 273
Beginning Scheduled Collateral Loan Count 2,458
Number Of Loans Paid In Full 40
Ending Scheduled Collateral Loan Count 2,418
Beginning Scheduled Collateral Balance 290,412,053.76
Ending Scheduled Collateral Balance 284,328,130.50
Ending Actual Collateral Balance at 30-Nov-2004 284,819,906.84
Monthly P &I Constant 2,046,769.75
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 7,229,823.18
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 284,328,130.50
Scheduled Principal 584,933.94
Unscheduled Principal 5,498,989.32
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 6.227858 6.206531 6.294473
Weighted Average Net Rate 5.977858 5.956531 6.044473
Weighted Average Maturity 341 346 347
Beginning Loan Count 1,111 424 30
Loans Paid In Full 20 12 0
Ending Loan Count 1,091 412 30
Beginning Scheduled Balance 129,156,861.04 62,227,496.69 13,161,986.51
Ending scheduled Balance 126,001,603.15 60,384,459.87 13,147,020.80
Record Date 11/30/2004 11/30/2004 11/30/2004
Principal And Interest Constant 813,750.61 387,693.99 82,496.98
Scheduled Principal 143,441.83 65,846.59 13,457.17
Unscheduled Principal 3,011,816.06 1,777,190.23 1,508.54
Scheduled Interest 670,308.78 321,847.40 69,039.81
Servicing Fees 26,907.68 12,964.06 2,742.08
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 807.21 388.93 82.27
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 642,593.89 308,494.41 66,215.46
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 5.970358 5.949031 6.036973
Group Level Collateral Statement
Group 4 - 15 Year Fixed 5 - 15 Year Fixed Total
Collateral Description Mixed Fixed Mixed Fixed Fixed
Weighted Average Coupon Rate 5.292288 5.959819 6.040393
Weighted Average Net Rate 5.042288 5.709819 5.790392
Weighted Average Maturity 164 164 273
Beginning Loan Count 453 440 2,458
Loans Paid In Full 2 6 40
Ending Loan Count 451 434 2,418
Beginning Scheduled Balance 46,404,280.61 39,461,428.91 290,412,053.76
Ending scheduled Balance 45,947,548.73 38,847,497.95 284,328,130.50
Record Date 11/30/2004 11/30/2004 11/30/2004
Principal And Interest Constant 404,878.59 357,949.58 2,046,769.75
Scheduled Principal 200,224.59 161,963.76 584,933.94
Unscheduled Principal 256,507.29 451,967.20 5,498,989.32
Scheduled Interest 204,654.00 195,985.82 1,461,835.81
Servicing Fees 9,667.56 8,221.13 60,502.51
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 290.02 246.63 1,815.06
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 194,696.42 187,518.06 1,399,518.24
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 5.034788 5.702319 5.782892
Miscellaneous Reporting
Group 1 - 30 Year Fixed
CPR 24.682790%
Senior % 93.575781%
Senior Prepayment % 100.000000%
Subordinate % 6.424219%
Subordinate Prepayment % 0.000000%
Group 2 - 30 Year Fixed
CPR 29.395592%
Senior % 93.309664%
Senior Prepayment % 100.000000%
Subordinate % 6.690336%
Subordinate Prepayment % 0.000000%
Group 3 - 30 Year Fixed
CPR 0.137590%
Senior % 92.863773%
Senior Prepayment % 100.000000%
Subordinate % 7.136227%
Subordinate Prepayment % 0.000000%
Miscellaneous Reporting
Group 4 - 15 Year Fixed
CPR 6.462245%
Senior % 97.174409%
Senior Prepayment % 100.000000%
Subordinate % 2.825591%
Subordinate Prepayment % 0.000000%
Group 5 - 15 Year Fixed
CPR 12.960387%
Senior % 96.986501%
Senior Prepayment % 100.000000%
Subordinate % 3.013499%
Subordinate Prepayment % 0.000000%
Group