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: February 15, 2005
(Date of earliest event reported)
Commission File No.: 333-83930-05
Wachovia Commercial Mortgage Securities, Inc.
Commercial Mortgage Pass-Through Certificates
Series 2003-C5
(Exact name of registrant as specified in its charter)
New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)
54-2120456
54-2120457
54-2120458
54-6553627
(I.R.S. Employer Identification No.)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
(410) 884-2000
Registrant's Full Telephone Number
(Former name, former address and former fiscal year, 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 February 15, 2005, a distribution was made to holders of Wachovia
Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through
Certificates, Series 2003-C5.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial Mortgage
Pass-Through Certificates, Series 2003-C5, relating to the
February 15, 2005 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.
Wachovia Commercial Mortgage Securities, Inc.
Commercial Mortgage Pass-Through Certificates
Series 2003-C5
(Registrant)
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield, Assistant Vice President
By: Beth Belfield, Assistant Vice President
Date: February 15, 2005
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial
Mortgage Pass-Through Certificates, Series 2003-C5,
relating to the February 15, 2005 distribution.
Wells Fargo Bank, N.A.
Corporate Trust Services
9062 Old Annapolis Road
Columbia, MD 21045-1951
Wachovia Commercial Mortgage Securities, Inc.
Commercial Mortgage Pass-Through Certificates
Series 2003-C5
For Additional Information, please contact
CTSLink Customer Service
(301) 815-6600
Reports Available on the World Wide Web
@ www.ctslink.com/cmbs
Payment Date: February 15, 2005
Record Date: January 31, 2005
DISTRIBUTION DATE STATEMENT
Table of Contents
STATEMENT SECTIONS PAGE(s)
Certificate Distribution Detail 2
Certificate Factor Detail 3
Reconciliation Detail 4
Other Required Information 5
Cash Reconciliation 6
Ratings Detail 7
Current Mortgage Loan and Property Stratification Tables 8 - 16
Mortgage Loan Detail 17 - 21
Principal Prepayment Detail 22
Historical Detail 23
Delinquency Loan Detail 24 - 26
Specially Serviced Loan Detail 27 - 28
Modified Loan Detail 29
Liquidated Loan Detail 30
Depositor
Wachovia Commercial Mortgage Securities, Inc.
301 South College Street
Charlotte, NC 28288-1016
Contact: Tim Steward
Phone Number: (704) 593-7822
Master Servicer
Wachovia Bank, National Association
8739 Research Drive
URP 4, NC1075
Charlotte, NC 28262
Contact: Timothy S. Ryan
Phone Number: (704) 593-7878
Special Servicer
Lennar Partners, Inc.
760 N.W. 107th Avenue
Miami, FL 33172
Contact: Steve Bruha
Phone Number: (305) 229-6614
This report has been compiled from information provided to
Wells Fargo Bank, N.A. by various third parties, which
may include the Servicer, Master Servicer, Special Servicer and others.
Wells Fargo Bank, N.A. has not independently confirmed
the accuracy of information received from these third parties and assumes
no duty to do so. Wells Fargo Bank, N.A. expressly disclaims
any responsibility for the accuracy or completeness of information
furnished by third parties.
Copyright 2005, Wells Fargo Bank, N.A.
Certificate Distribution Detail
Class CUSIP Pass-Through Original Beginning Principal Interest
Rate Balance Balance Distribution Distribution
<s> <c> <c> <c> <c> <c> <c>
A-1 929766GR8 2.986000% 226,000,000.00 210,912,028.75 842,230.27 524,819.43
A-2 929766GS6 3.989000% 439,721,000.00 439,721,000.00 0.00 1,461,705.89
A1-A 929766GZ0 3.812000% 301,015,000.00 295,410,948.37 311,803.15 938,422.11
B 929766GT4 4.107000% 40,531,000.00 40,531,000.00 0.00 138,717.35
C 929766GU1 4.139000% 15,011,000.00 15,011,000.00 0.00 51,775.44
D 929766HB2 4.168000% 31,524,000.00 31,524,000.00 0.00 109,493.36
E 929766HD8 4.228000% 10,508,000.00 10,508,000.00 0.00 37,023.19
F 929766HF3 4.535000% 16,513,000.00 16,513,000.00 0.00 62,405.38
G 929766HH9 4.634000% 19,515,000.00 19,515,000.00 0.00 75,360.43
H 929766HK2 5.178000% 19,515,000.00 19,515,000.00 0.00 84,207.23
J 929766HM8 4.298000% 22,517,000.00 22,517,000.00 0.00 80,648.39
K 929766HP1 4.298000% 12,009,000.00 12,009,000.00 0.00 43,012.24
L 929766HR7 4.298000% 6,005,000.00 6,005,000.00 0.00 21,507.91
M 929766HT3 4.298000% 6,004,000.00 6,004,000.00 0.00 21,504.33
N 929766HV8 4.298000% 6,005,000.00 6,005,000.00 0.00 21,507.91
O 929766HX4 4.298000% 4,503,000.00 4,503,000.00 0.00 16,128.25
P 929766HZ9 4.298000% 24,018,922.87 24,018,922.87 0.00 81,054.85
R-I N/A 0.000000% 0.00 0.00 0.00 0.00
R-II N/A 0.000000% 0.00 0.00 0.00 0.00
Totals 1,200,914,922.87 1,180,222,899.99 1,154,033.42 3,769,293.69
Class CUSIP Prepayment Realized Loss/ Total Ending Current
Penalties Additional Trust Distribution Balance Subordination
Fund Expenses Level (1)
<s> <c> <c> <c> <c> <c> <c>
A-1 929766GR8 0.00 0.00 1,367,049.70 210,069,798.48 19.86%
A-2 929766GS6 0.00 0.00 1,461,705.89 439,721,000.00 19.86%
A1-A 929766GZ0 0.00 0.00 1,250,225.26 295,099,145.22 19.86%
B 929766GT4 0.00 0.00 138,717.35 40,531,000.00 16.42%
C 929766GU1 0.00 0.00 51,775.44 15,011,000.00 15.15%
D 929766HB2 0.00 0.00 109,493.36 31,524,000.00 12.48%
E 929766HD8 0.00 0.00 37,023.19 10,508,000.00 11.59%
F 929766HF3 0.00 0.00 62,405.38 16,513,000.00 10.19%
G 929766HH9 0.00 0.00 75,360.43 19,515,000.00 8.53%
H 929766HK2 0.00 0.00 84,207.23 19,515,000.00 6.88%
J 929766HM8 0.00 0.00 80,648.39 22,517,000.00 4.97%
K 929766HP1 0.00 0.00 43,012.24 12,009,000.00 3.95%
L 929766HR7 0.00 0.00 21,507.91 6,005,000.00 3.44%
M 929766HT3 0.00 0.00 21,504.33 6,004,000.00 2.93%
N 929766HV8 0.00 0.00 21,507.91 6,005,000.00 2.42%
O 929766HX4 0.00 0.00 16,128.25 4,503,000.00 2.04%
P 929766HZ9 0.00 0.00 81,054.85 24,018,922.87 0.00%
R-I N/A 0.00 0.00 0.00 0.00 0.00%
R-II N/A 0.00 0.00 0.00 0.00 0.00%
Totals 0.00 0.00 4,923,327.11 1,179,068,866.57
Class CUSIP Pass-Through Original Beginning Interest
Rate Notional Notional Distribution
Amount Amount
<s> <c> <c> <c> <c> <c>
XC 929766GV9 0.169444% 1,200,914,922.87 1,180,222,899.99 166,651.70
XP 929766GX5 1.700273% 1,154,968,000.00 1,091,346,000.00 1,546,321.59
Class CUSIP Prepayment Total Ending
Penalties Distribution Notional
Amount
<s> <c> <c> <c> <c>
XC 929766GV9 0.00 166,651.70 1,179,068,866.57
XP 929766GX5 0.00 1,546,321.59 1,091,346,000.00
<FN>
(1) Calculated by taking (A) the sum of the ending certificate balance of all
classes less (B) the sum of (i) the ending certificate balance of the designated
class and (ii) the ending certificate balance of all classes which are not
subordinate to the designated class and dividing the result by (A).
</FN>
Certificate Factor Detail
Class CUSIP Beginning Principal Interest Prepayment Realized Loss/ Ending
Balance Distribution Distribution Penalties Additional Balance
Trust Fund
Expenses
<s> <c> <c> <c> <c> <c> <c> <c>
A-1 929766GR8 933.23906527 3.72668261 2.32220987 0.00000000 0.00000000 929.51238265
A-2 929766GS6 1,000.00000000 0.00000000 3.32416666 0.00000000 0.00000000 1,000.00000000
A1-A 929766GZ0 981.38281604 1.03583924 3.11752607 0.00000000 0.00000000 980.34697680
B 929766GT4 1,000.00000000 0.00000000 3.42250006 0.00000000 0.00000000 1,000.00000000
C 929766GU1 1,000.00000000 0.00000000 3.44916661 0.00000000 0.00000000 1,000.00000000
D 929766HB2 1,000.00000000 0.00000000 3.47333333 0.00000000 0.00000000 1,000.00000000
E 929766HD8 1,000.00000000 0.00000000 3.52333365 0.00000000 0.00000000 1,000.00000000
F 929766HF3 1,000.00000000 0.00000000 3.77916672 0.00000000 0.00000000 1,000.00000000
G 929766HH9 1,000.00000000 0.00000000 3.86166692 0.00000000 0.00000000 1,000.00000000
H 929766HK2 1,000.00000000 0.00000000 4.31500026 0.00000000 0.00000000 1,000.00000000
J 929766HM8 1,000.00000000 0.00000000 3.58166674 0.00000000 0.00000000 1,000.00000000
K 929766HP1 1,000.00000000 0.00000000 3.58166708 0.00000000 0.00000000 1,000.00000000
L 929766HR7 1,000.00000000 0.00000000 3.58166694 0.00000000 0.00000000 1,000.00000000
M 929766HT3 1,000.00000000 0.00000000 3.58166722 0.00000000 0.00000000 1,000.00000000
N 929766HV8 1,000.00000000 0.00000000 3.58166694 0.00000000 0.00000000 1,000.00000000
O 929766HX4 1,000.00000000 0.00000000 3.58166778 0.00000000 0.00000000 1,000.00000000
P 929766HZ9 1,000.00000000 0.00000000 3.37462468 0.00000000 0.00000000 1,000.00000000
R-I N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
Class CUSIP Beginning Interest Prepayment Ending
Notional Distribution Penalties Notional
Amount Amount
<s> <c> <c> <c> <c> <c>
XC 929766GV9 982.76978453 0.13877061 0.00000000 981.80882269
XP 929766GX5 944.91449114 1.33884366 0.00000000 944.91449114
Reconciliation Detail
Advance Summary
<s> <c>
P & I Advances Outstanding 3,862,445.89
Servicing Advances Outstanding 0.00
Reimbursement for Interest on P & I Advances 0.00
paid from general collections
Reimbursement for Interest on Servicing 0.00
Advances paid from general collections
Aggregate amount of Nonrecoverable Advances 0.00
Servicing Fee Summary
<s> <c>
Current Period Accrued Servicing Fees 45,764.47
Less Delinquent Servicing Fees 21,294.13
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 2,616.41
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 27,086.75
Certificate Interest Reconciliation
Class Accrued Net Aggregate Deferred Distributable Distributable
Certificate Prepayment Interest Certificate Certificate
Interest Interest Amount Interest Interest
Shortfall Adjustment
<s> <c> <c> <c> <c> <c>
A-1 524,819.43 0.00 0.00 524,819.43 0.00
A-2 1,461,705.89 0.00 0.00 1,461,705.89 0.00
A1-A 938,422.11 0.00 0.00 938,422.11 0.00
XC 166,651.70 0.00 0.00 166,651.70 0.00
XP 1,546,321.59 0.00 0.00 1,546,321.59 0.00
B 138,717.35 0.00 0.00 138,717.35 0.00
C 51,775.44 0.00 0.00 51,775.44 0.00
D 109,493.36 0.00 0.00 109,493.36 0.00
E 37,023.19 0.00 0.00 37,023.19 0.00
F 62,405.38 0.00 0.00 62,405.38 0.00
G 75,360.43 0.00 0.00 75,360.43 0.00
H 84,207.23 0.00 0.00 84,207.23 0.00
J 80,648.39 0.00 0.00 80,648.39 0.00
K 43,012.24 0.00 0.00 43,012.24 0.00
L 21,507.91 0.00 0.00 21,507.91 0.00
M 21,504.33 0.00 0.00 21,504.33 0.00
N 21,507.91 0.00 0.00 21,507.91 0.00
O 16,128.25 0.00 0.00 16,128.25 0.00
P 86,027.78 0.00 0.00 86,027.78 0.00
Total 5,487,239.91 0.00 0.00 5,487,239.91 0.00
Class Additional Interest Remaining Unpaid
Trust Fund Distribution Distributable
Expenses Certificate Interest
<s> <c> <c> <c>
A-1 0.00 524,819.43 0.00
A-2 0.00 1,461,705.89 0.00
A1-A 0.00 938,422.11 0.00
XC 0.00 166,651.70 0.00
XP 0.00 1,546,321.59 0.00
B 0.00 138,717.35 0.00
C 0.00 51,775.44 0.00
D 0.00 109,493.36 0.00
E 0.00 37,023.19 0.00
F 0.00 62,405.38 0.00
G 0.00 75,360.43 0.00
H 0.00 84,207.23 0.00
J 0.00 80,648.39 0.00
K 0.00 43,012.24 0.00
L 0.00 21,507.91 0.00
M 0.00 21,504.33 0.00
N 0.00 21,507.91 0.00
O 0.00 16,128.25 0.00
P 4,972.93 81,054.85 7,142.38
Total 4,972.93 5,482,266.98 7,142.38
Other Required Information
<s> <c>
Available Distribution Amount (1) 6,636,300.40
Aggregate Number of Outstanding Loans 152
Aggregate Stated Principal Balance of Loans Before Distribution 1,180,222,899.99
Aggregate Stated Principal Balance of Loans After Distribution 1,179,068,866.57
Aggregate Unpaid Principal Balance of Loans 1,179,757,378.20
Aggregate Amount of Servicing Fee 27,086.75
Aggregate Amount of Special Servicing Fee 4,972.93
Aggregate Amount of Trustee Fee 2,065.39
Aggregate Trust Fund Expenses 0.00
Interest Reserve Deposit 178,874.53
Interest Reserve Withdrawal 0.00
Specially Serviced Loans not Delinquent
Number of Outstanding Loans 0
Aggregate Unpaid Principal Balance 0.00
<fn>
(1) The Available Distribution Amount includes any Prepayment Premiums.
</fn>
Appraisal Reduction Amount
None
Cash Reconciliation Detail
<s>
Total Funds Collected
Interest:
Scheduled Interest 5,713,944.27
Interest reductions due to Nonrecoverability Determinations 0.00
Interest Adjustments 0.00
Deferred Interest 0.00
Net Prepayment Interest Shortfall 0.00
Net Prepayment Interest Excess 0.00
Extension Interest 0.00
Interest Reserve Withdrawal 0.00
Total Interest Collected 5,713,944.27
Principal:
Scheduled Principal 1,154,033.42
Unscheduled Principal 0.00
Principal Prepayments 0.00
Collection of Principal after Maturity Date 0.00
Recoveries from Liquidation and Insurance Proceeds 0.00
Excess of Prior Principal Amounts paid 0.00
Curtailments 0.00
Negative Amortization 0.00
Principal Adjustments 0.00
Total Principal Collected 1,154,033.42
Other:
Prepayment Penalties/Yield Maintenance 0.00
Repayment Fees 0.00
Borrower Option Extension Fees 0.00
Equity Payments Received 0.00
Net Swap Counterparty Payments Received 0.00
Total Other Collected: 0.00
Total Funds Collected 6,867,977.69
Total Funds Distributed
Fees:
Master Servicing Fee 45,764.47
Trustee Fee 2,065.39
Certificate Administration Fee 0.00
Insurer Fee 0.00
Miscellaneous Fee 0.00
Total Fees 47,829.86
Additional Trust Fund Expenses:
Reimbursement for Interest on Advances 0.00
ASER Amount 0.00
Special Servicing Fee 4,972.93
Rating Agency Expenses 0.00
Attorney Fees & Expenses 0.00
Bankruptcy Expense 0.00
Taxes Imposed on Trust Fund 0.00
Non-Recoverable Advances 0.00
Other Expenses 0.00
Total Additional Trust Fund Expenses 4,972.93
Interest Reserve Deposit 178,874.53
Payments to Certificateholders & Others:
Interest Distribution 5,482,266.98
Principal Distribution 1,154,033.42
Prepayment Penalties/Yield Maintenance 0.00
Borrower Option Extension Fees 0.00
Equity Payments Paid 0.00
Net Swap Counterparty Payments Paid 0.00
Total Payments to Certificateholders & Others 6,636,300.40
Total Funds Distributed 6,867,977.72
Ratings Detail
Class CUSIP Original Ratings Current Ratings (1)
Fitch Moody's S & P Fitch Moody's S & P
<s> <c> <c> <c> <c> <c> <c> <c>
A-1 929766GR8 X Aaa AAA X Aaa AAA
A-2 929766GS6 X Aaa AAA X Aaa AAA
A1-A 929766GZ0 X Aaa AAA X Aaa AAA
XC 929766GV9 X Aaa AAA X Aaa AAA
XP 929766GX5 X Aaa AAA X Aaa AAA
B 929766GT4 X Aa2 AA X Aa2 AA
C 929766GU1 X Aa3 AA- X Aa3 AA-
D 929766HB2 X A2 A X A2 A
E 929766HD8 X A3 A- X A3 A-
F 929766HF3 X Baa1 BBB+ X Baa1 BBB+
G 929766HH9 X Baa2 BBB X Baa2 BBB
H 929766HK2 X Baa3 BBB- X Baa3 BBB-
J 929766HM8 X Ba1 BB+ X Ba1 BB+
K 929766HP1 X Ba2 BB X Ba2 BB
L 929766HR7 X Ba3 BB- X Ba3 BB-
M 929766HT3 X B1 B+ X B1 B+
N 929766HV8 X B2 B X B2 B
O 929766HX4 X B3 B- X B3 B-
P 929766HZ9 X NR NR X NR NR
<FN>
NR - Designates that the class was not rated by the above agency at the time of
original issuance.
X - Designates that the above rating agency did not rate any classes in this transaction at the time of
original issuance.
N/A - Data not available this period.
1) For any class not rated at the time of original issuance by any particular
rating agency, no request has been made subsequent to issuance to obtain rating
information, if any, from such rating agency. The current ratings were obtained
directly from the applicable rating agency within 30 days of the payment date
listed above. The ratings may have changed since they were obtained. Because the
ratings may have changed, you may want to obtain current ratings directly from the
rating agencies.
Fitch, Inc.
One State Street Plaza
New York, New York 10004
(212) 908-0500
Moody's Investors Service
99 Church Street
New York, New York 10007
(212) 553-0300
Standard & Poor's Rating Services
55 Water Street
New York, New York 10041
(212) 438-2430
</FN>
Current Mortgage Loan and Property Stratification Tables
Aggregate Pool
Scheduled Balance
Scheduled # of Scheduled % of WAM WAC Weighted
Balance Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Below 2,000,000 28 42,110,757.06 3.57 107 6.0286 1.470418
2,000,001 to 3,000,000 16 39,808,559.66 3.38 114 6.0774 1.486668
3,000,001 to 4,000,000 19 66,776,430.84 5.66 112 5.7780 1.469765
4,000,001 to 5,000,000 12 53,527,533.04 4.54 111 5.7137 1.463297
5,000,001 to 6,000,000 11 61,038,004.59 5.18 97 5.6489 1.674231
6,000,001 to 7,000,000 14 91,554,057.36 7.76 97 5.6626 1.422943
7,000,001 to 8,000,000 8 58,532,940.62 4.96 91 5.5695 1.500781
8,000,001 to 9,000,000 3 25,509,219.89 2.16 71 5.3432 1.359706
9,000,001 to 10,000,000 3 28,567,569.31 2.42 100 5.5818 1.625759
10,000,001 to 15,000,000 18 228,367,363.59 19.37 87 5.5431 1.420771
15,000,001 to 20,000,000 10 165,660,036.46 14.05 94 5.7363 1.347893
20,000,001 to 25,000,000 4 88,830,013.45 7.53 97 5.6531 1.469819
25,000,001 to 30,000,000 3 81,171,133.12 6.88 87 5.0120 1.914875
30,000,001 to 35,000,000 1 35,000,000.00 2.97 96 5.6700 1.970000
35,000,001 to 40,000,000 0 0.00 0.00 0 0.0000 0.000000
40,000,001 to 45,000,000 1 44,120,043.64 3.74 99 6.0800 1.300000
45,000,001 to 65,000,000 0 0.00 0.00 0 0.0000 0.000000
65,000,001 and greater 1 68,495,203.94 5.81 100 5.4200 3.460000
Totals 152 1,179,068,866.57 100.00 96 5.6278 1.608102
State (3)
State # of Scheduled % of WAM WAC Weighted
Props Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Alaska 1 8,679,969.35 0.74 50 5.4500 1.550000
Arizona 7 55,376,891.07 4.70 85 5.3836 1.423430
California 21 162,424,891.79 13.78 87 5.6198 1.454176
Colorado 8 56,327,103.93 4.78 96 5.6048 1.465220
Connecticut 1 7,271,363.41 0.62 96 5.8900 1.110000
Delaware 2 19,169,816.54 1.63 99 5.4419 1.179213
Florida 22 123,656,072.41 10.49 95 5.5846 1.445897
Georgia 5 17,454,303.83 1.48 112 5.7360 1.319296
Illinois 6 36,222,757.07 3.07 99 5.6194 1.630019
Iowa 1 7,737,861.34 0.66 99 5.8600 1.530000
Kansas 1 20,232,281.09 1.72 94 5.6400 1.380000
Maryland 4 23,173,767.33 1.97 112 6.1953 1.393854
Massachusetts 2 32,140,220.85 2.73 97 5.9081 1.459584
Michigan 2 11,218,007.69 0.95 99 5.7819 1.004767
Minnesota 1 1,452,125.50 0.12 159 5.5000 1.370000
Missouri 1 2,110,236.29 0.18 98 5.5700 1.270000
Nebraska 1 3,709,975.23 0.31 98 6.0000 1.390000
Nevada 5 35,341,590.73 3.00 107 5.6693 1.439270
New Jersey 1 2,136,082.54 0.18 100 5.8600 1.310000
New Mexico 1 3,217,229.06 0.27 98 5.1600 1.620000
New York 9 108,201,643.12 9.18 100 5.8376 1.704103
North Carolina 7 48,585,376.83 4.12 110 5.6249 1.441187
North Dakota 2 12,646,764.17 1.07 99 5.2417 1.423119
Oregon 3 91,382,775.84 7.75 97 5.4868 2.967598
Pennsylvania 4 59,755,964.42 5.07 99 5.9417 1.396194
South Carolina 3 29,028,535.14 2.46 71 4.3710 2.986990
Tennessee 1 4,299,693.21 0.36 98 5.6200 1.800000
Texas 16 68,356,926.85 5.80 100 5.7532 1.379044
Virginia 7 29,059,169.54 2.46 99 5.7448 1.359496
Washington 3 19,396,429.00 1.65 90 5.6535 1.511884
Washington,DC 4 64,618,331.76 5.48 99 5.5394 1.397804
Wisconsin 2 14,684,709.64 1.25 99 5.7500 1.340000
Totals 154 1,179,068,866.57 100.00 96 5.6278 1.608102
Debt Service Coverage Ratio (1)
Debt Service # of Scheduled % of WAM WAC Weighted
Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
1.04 or less 10 43,025,616.02 3.65 129 6.0082 0.830999
1.05 to 1.09 1 5,880,484.90 0.50 100 5.5800 1.090000
1.10 to 1.14 9 53,449,792.37 4.53 98 5.7248 1.114265
1.15 to 1.19 3 39,795,495.51 3.38 85 5.4098 1.153044
1.20 to 1.24 8 70,323,063.76 5.96 88 5.4899 1.234179
1.25 to 1.29 10 103,010,327.36 8.74 98 5.7448 1.276578
1.30 to 1.34 13 108,381,644.31 9.19 99 5.8931 1.313006
1.35 to 1.39 10 81,104,356.86 6.88 100 5.6704 1.368311
1.40 to 1.44 7 63,307,154.68 5.37 98 5.4576 1.405927
1.45 to 1.49 14 91,949,320.37 7.80 99 5.7100 1.474508
1.50 to 1.54 15 114,462,695.69 9.71 93 5.5797 1.524153
1.55 to 1.59 11 64,294,992.85 5.45 83 5.6575 1.564985
1.60 to 1.64 4 19,171,875.27 1.63 100 5.7467 1.603356
1.65 to 1.69 4 34,880,802.94 2.96 84 5.7815 1.656064
1.70 to 1.74 1 6,347,693.73 0.54 96 6.0000 1.700000
1.75 to 1.79 4 39,790,492.99 3.37 87 5.4858 1.768540
1.80 to 1.84 4 10,489,632.35 0.89 99 5.5921 1.805835
1.85 to 1.89 5 37,218,313.87 3.16 99 5.8660 1.854022
1.90 to 1.99 10 71,634,907.00 6.08 97 5.6282 1.961692
2.00 to 2.19 4 11,529,176.05 0.98 106 5.9514 2.154133
2.20 to 2.29 2 7,779,727.52 0.66 99 5.0995 2.265049
2.30 or greater 3 101,241,300.17 8.59 91 5.1055 3.324951
Totals 152 1,179,068,866.57 100.00 96 5.6278 1.608102
Property Type (3)
Property # of Scheduled % of WAM WAC Weighted
Type Props Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Industrial 6 38,879,312.59 3.30 93 5.9863 1.501092
Lodging 1 10,042,768.07 0.85 100 5.7300 1.460000
Mixed Use 3 25,377,096.09 2.15 71 5.5587 1.429560
Mobile Home Park 9 27,091,646.86 2.30 94 5.4504 1.653013
Multi-Family 42 323,547,184.42 27.44 98 5.4783 1.342279
Office 28 331,998,683.11 28.16 92 5.7478 1.575279
Retail 59 397,289,571.38 33.70 99 5.6120 1.883778
Self Storage 6 24,842,604.05 2.11 99 5.8854 1.460854
Totals 154 1,179,068,866.57 100.00 96 5.6278 1.608102
Note Rate
Note Rate # of Scheduled % of WAM WAC Weighted
Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
5.249% or less 15 150,527,523.35 12.77 80 4.9421 1.689718
5.250% to 5.499% 28 275,568,865.45 23.37 96 5.4132 1.954927
5.500% to 5.749% 42 358,803,122.74 30.43 93 5.6175 1.490859
5.750% to 5.999% 38 242,334,117.45 20.55 100 5.8541 1.470471
6.000% to 6.249% 15 96,391,975.22 8.18 100 6.0859 1.390045
6.250% to 6.499% 5 27,913,899.31 2.37 111 6.3481 1.519497
6.500% to 6.749% 1 6,312,415.63 0.54 98 6.5000 1.330000
6.750% to 6.999% 3 7,107,743.24 0.60 187 6.8832 1.025279
7.000% to 7.249% 1 5,347,506.12 0.45 82 7.1500 1.570000
7.250% to 7.499% 1 2,994,416.74 0.25 168 7.3500 1.010000
7.500% to 8.499% 0 0.00 0.00 0 0.0000 0.000000
8.500% to 8.749% 2 2,961,931.67 0.25 162 8.6250 1.789987
8.750% to 9.249% 0 0.00 0.00 0 0.0000 0.000000
9.250% or greater 1 2,805,349.65 0.24 259 9.3100 1.040000
Totals 152 1,179,068,866.57 100.00 96 5.6278 1.608102
Seasoning
Seasoning # of Scheduled % of WAM WAC Weighted
Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
12 months or less 0 0.00 0.00 0 0.0000 0.000000
13 to 24 months 135 1,081,587,572.47 91.73 95 5.5674 1.623735
25 to 36 months 11 79,472,802.37 6.74 95 6.0128 1.484959
37 to 48 months 2 6,718,842.58 0.57 102 7.4511 1.555713
49 months and greater 4 11,289,649.15 0.96 213 7.6148 1.008444
Totals 152 1,179,068,866.57 100.00 96 5.6278 1.608102
Anticipated Remaining Term (ARD and Balloon Loans)
Anticipated # of Scheduled % of WAM WAC Weighted
Remaining Term (2) Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
60 months or less 5 31,737,352.70 2.69 40 5.5011 1.531233
61 to 84 months 12 151,959,791.10 12.89 72 5.2056 1.752088
85 to 108 months 122 963,959,488.27 81.76 98 5.6628 1.597028
109 to 120 months 0 0.00 0.00 0 0.0000 0.000000
121 to 156 months 1 1,590,595.21 0.13 148 8.6250 2.040000
157 to 168 months 1 2,994,416.74 0.25 168 7.3500 1.010000
169 to 180 months 1 1,371,336.46 0.12 178 8.6250 1.500000
181 to 192 months 0 0.00 0.00 0 0.0000 0.000000
193 to 204 months 0 0.00 0.00 0 0.0000 0.000000
205 to 240 months 0 0.00 0.00 0 0.0000 0.000000
241 to 276 months 1 2,805,349.65 0.24 259 9.3100 1.040000
277 to 288 months 0 0.00 0.00 0 0.0000 0.000000
289 months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 143 1,156,418,330.13 98.08 94 5.6191 1.613221
Remaining Stated Term (Fully Amortizing Loans)
Remaining Stated # of Scheduled % of WAM WAC Weighted
Term Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
120 months or less 2 975,886.74 0.08 98 5.9100 1.547709
121 to 192 months 3 8,002,884.44 0.68 176 5.7446 1.379284
193 to 264 months 4 13,671,765.26 1.16 223 6.2761 1.313328
265 to 336 months 0 0.00 0.00 0 0.0000 0.000000
337 months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 9 22,650,536.44 1.92 201 6.0726 1.346730
Remaining Amortization Term (ARD and Balloon Loans)
Remaining Amortization # of Scheduled % of WAM WAC Weighted
Term Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Interest Only 1 25,900,000.00 2.20 64 4.0400 3.170000
120 months or less 3 3,656,589.69 0.31 98 5.9100 1.162590
121 to 192 months 0 0.00 0.00 0 0.0000 0.000000
193 to 264 months 7 17,659,288.63 1.50 110 6.0251 1.340177
265 to 336 months 44 292,173,678.87 24.78 92 5.8704 1.533711
337 months or greater 88 817,028,772.94 69.29 95 5.5692 1.600223
Totals 143 1,156,418,330.13 98.08 94 5.6191 1.613221
Age of Most Recent NOI
Age of Most # of Scheduled % of WAM WAC Weighted
Recent NOI Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Underwriter's Information 4 29,290,909.19 2.48 85 5.6701 1.383455
1 year or less 111 957,217,643.79 81.18 95 5.6128 1.651880
1 to 2 years 37 192,560,313.59 16.33 103 5.6957 1.424650
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 152 1,179,068,866.57 100.00 96 5.6278 1.608102
<FN>
(1) The Trustee makes no representations as to the accuracy of the data
provided by the borrower for this calculation. "NAP" means not applicable and
relates to the ommission of credit lease loans in the calculation of DSCR.
(2) Anticipated Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date, if
applicable, and the maturity date.
(3) Data in this table was calculated by allocating pro-rata the current loan
information to the properties based upon the Cut-off Date Balance of the related
mortgage loan as disclosed in the offering document.
</FN>
Current Mortgage Loan and Property Stratification Tables
Group 1
Scheduled Balance
Scheduled # of Scheduled % of WAM WAC Weighted
Balance Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Below 2,000,000 19 27,714,785.60 2.35 102 6.0096 1.401439
2,000,001 to 3,000,000 11 26,355,385.76 2.24 116 5.9255 1.542461
3,000,001 to 4,000,000 13 45,670,846.24 3.87 118 5.9553 1.530502
4,000,001 to 5,000,000 9 39,415,633.28 3.34 109 5.8502 1.502710
5,000,001 to 6,000,000 8 44,918,458.14 3.81 97 5.7569 1.804660
6,000,001 to 7,000,000 8 52,755,826.88 4.47 97 5.9112 1.561625
7,000,001 to 8,000,000 5 37,336,643.76 3.17 86 5.6846 1.461307
8,000,001 to 9,000,000 2 16,759,219.89 1.42 74 5.5223 1.265574
9,000,001 to 10,000,000 2 19,372,697.42 1.64 100 5.5495 1.685448
10,000,001 to 15,000,000 13 162,687,679.33 13.80 85 5.5974 1.467841
15,000,001 to 20,000,000 10 165,660,036.46 14.05 94 5.7363 1.347893
20,000,001 to 25,000,000 2 44,806,693.42 3.80 99 5.7668 1.632404
25,000,001 to 30,000,000 2 52,900,000.00 4.49 81 4.9383 2.190038
30,000,001 to 35,000,000 1 35,000,000.00 2.97 96 5.6700 1.970000
35,000,001 to 40,000,000 0 0.00 0.00 0 0.0000 0.000000
40,000,001 to 45,000,000 1 44,120,043.64 3.74 99 6.0800 1.300000
45,000,001 to 65,000,000 0 0.00 0.00 0 0.0000 0.000000
65,000,001 or greater 1 68,495,203.94 5.81 100 5.4200 3.460000
Totals 107 883,969,153.76 74.97 95 5.6863 1.691098
State (3)
State # of Scheduled % of WAM WAC Weighted
Props Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Alaska 1 8,679,969.35 0.74 50 5.4500 1.550000
Arizona 3 13,856,605.65 1.18 65 5.5221 1.517380
California 14 134,278,858.92 11.39 86 5.6682 1.430440
Colorado 8 56,327,103.93 4.78 96 5.6048 1.465220
Connecticut 1 7,271,363.41 0.62 96 5.8900 1.110000
Florida 15 78,273,698.27 6.64 94 5.7695 1.638246
Georgia 4 16,075,555.14 1.36 114 5.7305 1.323524
Illinois 6 36,222,757.07 3.07 99 5.6194 1.630019
Iowa 1 7,737,861.34 0.66 99 5.8600 1.530000
Maryland 2 18,442,609.93 1.56 91 5.8202 1.445994
Massachusetts 2 32,140,220.85 2.73 97 5.9081 1.459584
Michigan 2 11,218,007.69 0.95 99 5.7819 1.004767
Missouri 1 2,110,236.29 0.18 98 5.5700 1.270000
Nebraska 1 3,709,975.23 0.31 98 6.0000 1.390000
Nevada 4 28,313,474.27 2.40 109 5.7361 1.441571
New Jersey 1 2,136,082.54 0.18 100 5.8600 1.310000
New York 8 99,006,771.23 8.40 100 5.8550 1.723058
North Carolina 4 28,674,836.37 2.43 115 5.6173 1.388921
Oregon 3 91,382,775.84 7.75 97 5.4868 2.967598
Pennsylvania 3 52,673,608.20 4.47 99 6.0280 1.317697
South Carolina 2 27,657,198.68 2.35 66 4.1601 3.060720
Tennessee 1 4,299,693.21 0.36 98 5.6200 1.800000
Texas 11 32,137,421.24 2.73 111 5.9958 1.565928
Virginia 5 24,502,856.56 2.08 100 5.7292 1.392011
Washington 2 17,733,512.02 1.50 89 5.6820 1.528003
Washington,DC 2 34,421,390.89 2.92 99 5.8754 1.348321
Wisconsin 2 14,684,709.64 1.25 99 5.7500 1.340000
Totals 109 883,969,153.76 74.97 95 5.6863 1.691098
Debt Service Coverage Ratio (1)
Debt Service # of Scheduled % of WAM WAC Weighted
Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
1.04 or less 5 18,097,260.86 1.53 146 6.3369 0.970193
1.05 to 1.09 1 5,880,484.90 0.50 100 5.5800 1.090000
1.10 to 1.14 7 36,529,340.38 3.10 98 5.8185 1.106158
1.15 to 1.19 1 15,951,793.13 1.35 100 5.4500 1.150000
1.20 to 1.24 6 41,804,474.39 3.55 85 5.5624 1.234731
1.25 to 1.29 8 100,067,055.04 8.49 98 5.7479 1.276771
1.30 to 1.34 8 86,677,454.67 7.35 99 6.0055 1.311331
1.35 to 1.39 7 56,652,037.71 4.80 103 5.6916 1.364011
1.40 to 1.44 3 22,176,809.41 1.88 99 5.9753 1.401261
1.45 to 1.49 12 83,333,367.51 7.07 100 5.7333 1.474429
1.50 to 1.54 8 55,889,484.73 4.74 83 5.6919 1.528521
1.55 to 1.59 8 45,835,995.74 3.89 78 5.8079 1.564566
1.60 to 1.64 3 15,954,646.21 1.35 100 5.8651 1.600000
1.65 to 1.69 2 27,830,137.18 2.36 80 5.8300 1.650000
1.70 to 1.74 1 6,347,693.73 0.54 96 6.0000 1.700000
1.75 to 1.79 4 39,790,492.99 3.37 87 5.4858 1.768540
1.80 to 1.84 3 8,965,522.86 0.76 98 5.6434 1.803427
1.85 to 1.89 5 37,218,313.87 3.16 99 5.8660 1.854022
1.90 to 1.99 8 61,932,987.67 5.25 97 5.6801 1.961362
2.00 to 2.19 3 9,938,580.84 0.84 99 5.5235 2.172399
2.20 to 2.29 1 5,853,919.77 0.50 99 5.0500 2.270000
2.30 or greater 3 101,241,300.17 8.59 91 5.1055 3.324951
Totals 107 883,969,153.76 74.97 95 5.6863 1.691098
Property Type (3)
Property # of Scheduled % of WAM WAC Weighted
Type Props Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Industrial 6 38,879,312.59 3.30 93 5.9863 1.501092
Lodging 1 10,042,768.07 0.85 100 5.7300 1.460000
Mixed Use 3 25,377,096.09 2.15 71 5.5587 1.429560
Mobile Home Park 2 4,051,836.84 0.34 99 5.6534 1.665491
Multi-Family 4 51,487,281.63 4.37 98 5.5978 1.381715
Office 28 331,998,683.11 28.16 92 5.7478 1.575279
Retail 59 397,289,571.38 33.70 99 5.6120 1.883778
Self Storage 6 24,842,604.05 2.11 99 5.8854 1.460854
Totals 109 883,969,153.76 74.97 95 5.6863 1.691098
Note Rate
Note Rate # of Scheduled % of WAM WAC Weighted
Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
5.249% or less 6 71,172,302.06 6.04 71 4.7462 2.162405
5.250% to 5.499% 10 153,685,233.23 13.03 92 5.4219 2.365186
5.500% to 5.749% 29 275,080,082.80 23.33 92 5.6301 1.536972
5.750% to 5.999% 37 240,955,368.76 20.44 100 5.8544 1.471618
6.000% to 6.249% 14 93,400,185.87 7.92 101 6.0887 1.398054
6.250% to 6.499% 5 27,913,899.31 2.37 111 6.3481 1.519497
6.500% to 6.749% 1 6,312,415.63 0.54 98 6.5000 1.330000
6.750% to 6.999% 3 7,107,743.24 0.60 187 6.8832 1.025279
7.000% to 7.249% 1 5,347,506.12 0.45 82 7.1500 1.570000
7.250% to 7.499% 1 2,994,416.74 0.25 168 7.3500 1.010000
7.500% to 8.499% 0 0.00 0.00 0 0.0000 0.000000
8.500% to 8.749% 0 0.00 0.00 0 0.0000 0.000000
8.750% to 9.249% 0 0.00 0.00 0 0.0000 0.000000
9.250% or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 107 883,969,153.76 74.97 95 5.6863 1.691098
Seasoning
Seasoning # of Scheduled % of WAM WAC Weighted
Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
12 months or less 0 0.00 0.00 0 0.0000 0.000000
13 to 24 months 94 812,487,422.07 68.91 94 5.6350 1.712232
25 to 36 months 9 57,649,926.07 4.89 94 6.0716 1.506481
37 to 48 months 1 5,347,506.12 0.45 82 7.1500 1.570000
49 to 60 months 0 0.00 0.00 0 0.0000 0.000000
61 to 72 months 3 8,484,299.50 0.72 198 7.0543 0.998011
73 months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 107 883,969,153.76 74.97 95 5.6863 1.691098
Anticipated Remaining Term (ARD and Balloon Loans)
Anticipated # of Scheduled % of WAM WAC Weighted
Remaining Term (2) Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
60 months or less 3 26,700,880.91 2.26 41 5.4961 1.551450
61 to 84 months 9 126,752,256.28 10.75 74 5.2261 1.843040
85 to 108 months 87 711,313,188.89 60.33 98 5.7543 1.681172
109 to 120 months 0 0.00 0.00 0 0.0000 0.000000
121 to 156 months 0 0.00 0.00 0 0.0000 0.000000
157 to 168 months 1 2,994,416.74 0.25 168 7.3500 1.010000
169 to 180 months 0 0.00 0.00 0 0.0000 0.000000
181 months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 100 867,760,742.82 73.60 93 5.6747 1.698508
Remaining Stated Term (Fully Amortizing Loans)
Remaining Stated # of Scheduled % of WAM WAC Weighted
Term Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
19 months or less 0 0.00 0.00 0 0.0000 0.000000
20 to 39 months 0 0.00 0.00 0 0.0000 0.000000
40 to 59 months 0 0.00 0.00 0 0.0000 0.000000
60 to 79 months 0 0.00 0.00 0 0.0000 0.000000
80 to 99 months 2 975,886.74 0.08 98 5.9100 1.547709
100 to 109 months 0 0.00 0.00 0 0.0000 0.000000
110 to 139 months 0 0.00 0.00 0 0.0000 0.000000
140 months or greater 5 15,232,524.20 1.29 218 6.3349 1.278150
Totals 7 16,208,410.94 1.37 210 6.3094 1.294380
Remaining Amortization Term (ARD and Balloon Loans)
Remaining Amortization # of Scheduled % of WAM WAC Weighted
Term Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Interest Only 1 25,900,000.00 2.20 64 4.0400 3.170000
174 months or less 3 3,656,589.69 0.31 98 5.9100 1.162590
175 to 199 months 0 0.00 0.00 0 0.0000 0.000000
200 to 224 months 4 10,195,670.78 0.86 118 6.5111 1.119534
225 to 249 months 0 0.00 0.00 0 0.0000 0.000000
250 to 274 months 0 0.00 0.00 0 0.0000 0.000000
275 to 299 months 13 85,962,670.02 7.29 96 5.7978 1.662944
300 to 324 months 3 28,229,357.11 2.39 87 5.9726 1.602925
325 months or greater 76 713,816,455.22 60.54 94 5.6942 1.664195
Totals 100 867,760,742.82 73.60 93 5.6747 1.698508
Age of Most Recent NOI
Age of Most # of Scheduled % of WAM WAC Weighted
Recent NOI Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Underwriter's Information 1 4,022,156.31 0.34 100 6.0000 1.350000
1 year or less 80 747,126,427.64 63.37 93 5.6599 1.743131
1 to 2 years 26 132,820,569.81 11.26 107 5.8255 1.408740
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 107 883,969,153.76 74.97 95 5.6863 1.691098
<FN>
(1) The Trustee makes no representations as to the accuracy of the data
provided by the borrower for this calculation. "NAP" means not applicable and
relates to the ommission of credit lease loans in the calculation of DSCR.
(2) Anticipated Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date, if
applicable, and the maturity date.
(3) Data in this table was calculated by allocating pro-rata the current loan
information to the properties based upon the Cut-off Date Balance of the related
mortgage loan as disclosed in the offering document.
</FN>
Current Mortgage Loan and Property Stratification Tables
Group 2
Scheduled Balance
Scheduled # of Scheduled % of WAM WAC Weighted
Balance Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Below 2,000,000 9 14,395,971.46 1.22 118 6.0652 1.603215
2,000,001 to 3,000,000 5 13,453,173.90 1.14 110 6.3751 1.377367
3,000,001 to 4,000,000 6 21,105,584.60 1.79 99 5.3943 1.338333
4,000,001 to 5,000,000 3 14,111,899.76 1.20 116 5.3324 1.353212
5,000,001 to 6,000,000 3 16,119,546.45 1.37 98 5.3479 1.310780
6,000,001 to 7,000,000 6 38,798,230.48 3.29 97 5.3246 1.234371
7,000,001 to 8,000,000 3 21,196,296.86 1.80 99 5.3666 1.570314
8,000,001 to 9,000,000 1 8,750,000.00 0.74 64 5.0000 1.540000
9,000,001 to 10,000,000 1 9,194,871.89 0.78 100 5.6500 1.500000
10,000,001 to 15,000,000 5 65,679,684.26 5.57 90 5.4085 1.304179
15,000,001 to 20,000,000 0 0.00 0.00 0 0.0000 0.000000
20,000,001 to 25,000,000 2 44,023,320.03 3.73 96 5.5373 1.304341
25,000,001 to 30,000,000 1 28,271,133.12 2.40 98 5.1500 1.400000
30,000,001 to 35,000,000 0 0.00 0.00 0 0.0000 0.000000
35,000,001 to 40,000,000 0 0.00 0.00 0 0.0000 0.000000
40,000,001 to 45,000,000 0 0.00 0.00 0 0.0000 0.000000
45,000,001 to 65,000,000 0 0.00 0.00 0 0.0000 0.000000
65,000,001 or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 45 295,099,712.81 25.03 97 5.4525 1.359487
State (3)
State # of Scheduled % of WAM WAC Weighted
Props Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Arizona 4 41,520,285.42 3.52 91 5.3374 1.392075
California 7 28,146,032.87 2.39 91 5.3891 1.567417
Delaware 2 19,169,816.54 1.63 99 5.4419 1.179213
Florida 7 45,382,374.14 3.85 95 5.2658 1.114142
Georgia 1 1,378,748.69 0.12 98 5.8000 1.270000
Kansas 1 20,232,281.09 1.72 94 5.6400 1.380000
Maryland 2 4,731,157.40 0.40 193 7.6574 1.190608
Minnesota 1 1,452,125.50 0.12 159 5.5000 1.370000
Nevada 1 7,028,116.46 0.60 98 5.4000 1.430000
New Mexico 1 3,217,229.06 0.27 98 5.1600 1.620000
New York 1 9,194,871.89 0.78 100 5.6500 1.500000
North Carolina 3 19,910,540.46 1.69 102 5.6358 1.516460
North Dakota 2 12,646,764.17 1.07 99 5.2417 1.423119
Pennsylvania 1 7,082,356.22 0.60 99 5.3000 1.980000
South Carolina 1 1,371,336.46 0.12 178 8.6250 1.500000
Texas 5 36,219,505.61 3.07 90 5.5380 1.213222
Virginia 2 4,556,312.98 0.39 98 5.8283 1.184639
Washington 1 1,662,916.98 0.14 100 5.3500 1.340000
Washington,DC 2 30,196,940.87 2.56 98 5.1564 1.454209
Totals 45 295,099,712.81 25.03 97 5.4525 1.359487
Debt Service Coverage Ratio (1)
Debt Service # of Scheduled % of WAM WAC Weighted
Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
1.04 or less 5 24,928,355.16 2.11 117 5.7695 0.729948
1.05 to 1.09 0 0.00 0.00 0 0.0000 0.000000
1.10 to 1.14 2 16,920,451.99 1.44 99 5.5226 1.131768
1.15 to 1.19 2 23,843,702.38 2.02 75 5.3829 1.155080
1.20 to 1.24 2 28,518,589.37 2.42 92 5.3837 1.233369
1.25 to 1.29 2 2,943,272.32 0.25 99 5.6405 1.270000
1.30 to 1.34 5 21,704,189.64 1.84 99 5.4442 1.319697
1.35 to 1.39 3 24,452,319.15 2.07 92 5.6215 1.378274
1.40 to 1.44 4 41,130,345.27 3.49 98 5.1784 1.408443
1.45 to 1.49 2 8,615,952.86 0.73 82 5.4853 1.475266
1.50 to 1.54 7 58,573,210.96 4.97 103 5.4728 1.519985
1.55 to 1.59 3 18,458,997.11 1.57 95 5.2841 1.566025
1.60 to 1.64 1 3,217,229.06 0.27 98 5.1600 1.620000
1.65 to 1.69 2 7,050,665.76 0.60 100 5.5900 1.680000
1.70 to 1.74 0 0.00 0.00 0 0.0000 0.000000
1.75 to 1.79 0 0.00 0.00 0 0.0000 0.000000
1.80 to 1.84 1 1,524,109.49 0.13 100 5.2900 1.820000
1.85 to 1.89 0 0.00 0.00 0 0.0000 0.000000
1.90 to 1.99 2 9,701,919.33 0.82 99 5.2973 1.963800
2.00 to 2.19 1 1,590,595.21 0.13 148 8.6250 2.040000
2.20 to 2.29 1 1,925,807.75 0.16 97 5.2500 2.250000
2.30 or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 45 295,099,712.81 25.03 97 5.4525 1.359487
Property Type (3)
Property # of Scheduled % of WAM WAC Weighted
Type Props Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Mobile Home Park 7 23,039,810.02 1.95 94 5.4147 1.650818
Multi-Family 38 272,059,902.79 23.07 98 5.4557 1.334815
Totals 45 295,099,712.81 25.03 97 5.4525 1.359487
Note Rate
Note Rate # of Scheduled % of WAM WAC Weighted
Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
5.249% or less 9 79,355,221.29 6.73 88 5.1177 1.265774
5.250% to 5.499% 18 121,883,632.22 10.34 101 5.4023 1.437625
5.500% to 5.749% 13 83,723,039.94 7.10 93 5.5760 1.339352
5.750% to 5.999% 1 1,378,748.69 0.12 98 5.8000 1.270000
6.000% to 6.249% 1 2,991,789.35 0.25 98 6.0000 1.140000
6.250% to 6.499% 0 0.00 0.00 0 0.0000 0.000000
6.500% to 6.749% 0 0.00 0.00 0 0.0000 0.000000
6.750% to 6.999% 0 0.00 0.00 0 0.0000 0.000000
7.000% to 7.249% 0 0.00 0.00 0 0.0000 0.000000
7.250% to 7.499% 0 0.00 0.00 0 0.0000 0.000000
7.500% to 8.499% 0 0.00 0.00 0 0.0000 0.000000
8.500% to 8.749% 2 2,961,931.67 0.25 162 8.6250 1.789987
8.750% to 9.249% 0 0.00 0.00 0 0.0000 0.000000
9.250% or greater 1 2,805,349.65 0.24 259 9.3100 1.040000
Totals 45 295,099,712.81 25.03 97 5.4525 1.359487
Seasoning
Seasoning # of Scheduled % of WAM WAC Weighted
Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
12 months or less 0 0.00 0.00 0 0.0000 0.000000
13 to 24 months 41 269,100,150.40 22.82 95 5.3632 1.356537
25 to 36 months 2 21,822,876.30 1.85 98 5.8576 1.428105
37 to 48 months 1 1,371,336.46 0.12 178 8.6250 1.500000
49 to 60 months 1 2,805,349.65 0.24 259 9.3100 1.040000
61 to 72 months 0 0.00 0.00 0 0.0000 0.000000
73 months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 45 295,099,712.81 25.03 97 5.4525 1.359487
Anticipated Remaining Term (ARD and Balloon Loans)
Anticipated # of Scheduled % of WAM WAC Weighted
Remaining Term (2) Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
60 months or less 2 5,036,471.79 0.43 39 5.5275 1.424051
61 to 84 months 3 25,207,534.82 2.14 64 5.1024 1.294753
85 to 108 months 35 252,646,299.38 21.43 97 5.4052 1.360126
109 to 120 months 0 0.00 0.00 0 0.0000 0.000000
121 to 156 months 1 1,590,595.21 0.13 148 8.6250 2.040000
157 to 168 months 0 0.00 0.00 0 0.0000 0.000000
169 to 180 months 1 1,371,336.46 0.12 178 8.6250 1.500000
181 to 192 months 0 0.00 0.00 0 0.0000 0.000000
193 to 204 months 0 0.00 0.00 0 0.0000 0.000000
204 to 240 months 0 0.00 0.00 0 0.0000 0.000000
241 to 276 months 1 2,805,349.65 0.24 259 9.3100 1.040000
277 months and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 43 288,657,587.31 24.48 96 5.4519 1.356833
Remaining Stated Term (Fully Amortizing Loans)
Remaining Stated # of Scheduled % of WAM WAC Weighted
Term Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
19 months or less 0 0.00 0.00 0 0.0000 0.000000
20 to 39 months 0 0.00 0.00 0 0.0000 0.000000
40 to 59 months 0 0.00 0.00 0 0.0000 0.000000
60 to 79 months 0 0.00 0.00 0 0.0000 0.000000
80 to 99 months 0 0.00 0.00 0 0.0000 0.000000
100 to 109 months 0 0.00 0.00 0 0.0000 0.000000
110 to 139 months 0 0.00 0.00 0 0.0000 0.000000
140 months or greater 2 6,442,125.50 0.55 178 5.4768 1.478442
Totals 2 6,442,125.50 0.55 178 5.4768 1.478442
Remaining Amortization Term (ARD and Balloon Loans)
Remaining Amortization # of Scheduled % of WAM WAC Weighted
Term Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
174 months or less 0 0.00 0.00 0 0.0000 0.000000
175 to 199 months 0 0.00 0.00 0 0.0000 0.000000
200 to 224 months 3 7,463,617.85 0.63 99 5.3612 1.641586
225 to 249 months 0 0.00 0.00 0 0.0000 0.000000
250 to 274 months 0 0.00 0.00 0 0.0000 0.000000
275 to 299 months 4 14,425,236.08 1.22 99 5.5575 1.566129
300 to 324 months 2 4,176,686.11 0.35 232 9.0851 1.191032
325 months or greater 34 262,592,047.27 22.27 93 5.3909 1.339879
Totals 43 288,657,587.31 24.48 96 5.4519 1.356833
Age of Most Recent NOI
Age of Most # of Scheduled % of WAM WAC Weighted
Recent NOI Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Underwriter's Information 3 25,268,752.88 2.14 83 5.6176 1.388780
1 year or less 31 210,091,216.15 17.82 101 5.4455 1.327377
1 to 2 years 11 59,739,743.78 5.07 92 5.4070 1.460023
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 45 295,099,712.81 25.03 97 5.4525 1.359487
<FN>
(1) The Trustee makes no representations as to the accuracy of the data
provided by the borrower for this calculation. "NAP" means not applicable and
relates to the ommission of credit lease loans in the calculation of DSCR.
(2) Anticipated Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date, if
applicable, and the maturity date.
(3) Data in this table was calculated by allocating pro-rata the current loan
information to the properties based upon the Cut-off Date Balance of the related
mortgage loan as disclosed in the offering document.
</FN>
Mortgage Loan Detail
Loan Property Interest Principal Gross
Number ODCR Type (1) City State Payment Payment Coupon
<s> <c> <c> <c> <c> <c> <c> <c>
343005011 1 RT Portland OR 320,027.33 73,918.59 5.420%
502767418 2 OF Philadelphia PA 231,207.12 40,909.47 6.080%
502752708 3 OF New York NY 170,887.50 0.00 5.670%
502764101 4 MF Washington DC 125,520.20 32,827.41 5.150%
502756439 5 MF Sacramento CA 134,850.00 0.00 5.800%
502769501 6 RT Columbia SC 87,196.67 0.00 4.040%
502768814 7 OF New York NY 125,199.75 23,564.63 5.930%
502762819 8 MF Glendale AZ 111,769.42 24,877.31 5.450%
310100068 9 RT Lakewood CO 97,527.08 21,436.67 5.570%
801000010 10 MF Overland Park KS 98,366.19 21,567.40 5.640%
502768323 11 OF Washington DC DC 93,663.06 0.00 5.960%
502764302 12 OF Mount Kisco NY 88,741.24 17,333.25 5.840%
701000013 13 OF Lanham MD 83,318.98 19,025.81 5.725%
502762107 14 MF Framingham MA 80,074.72 0.00 5.470%
701000015 15 RT Henderson NV 77,333.27 18,339.31 5.420%
801000016 16 MU Portland OR 79,998.15 17,266.08 5.650%
701000017 17 OF Washington DC 80,568.42 16,035.79 5.780%
502770417 18 RT San Diego CA 74,942.88 17,096.03 5.450%
502765507 19 RT Parkland FL 76,804.49 15,958.21 5.690%
310100005 20 IN Wilmington MA 83,513.51 13,439.91 6.400%
701000021 21 RT Raleigh NC 74,862.82 15,164.16 5.820%
502764801 22 MF Durham NC 69,233.33 0.00 5.360%
502720204 23 IN Various WI 72,782.76 14,753.17 5.750%
502765003 24 OF San Diego CA 65,138.40 16,857.98 5.160%
701000025 25 OF Tumwater WA 69,604.07 14,462.13 5.690%
502764109 26 MF Christiana DE 65,078.72 15,117.41 5.420%
701000027 27 OF Miami FL 66,992.29 0.00 5.500%
502749415 28 RT Palm Beach Gardens FL 70,153.36 13,244.43 5.940%
502765717 29 MF Seabrook TX 61,195.63 13,752.52 5.500%
502764911 30 OF San Diego CA 56,341.19 14,642.22 5.150%
701000031 31 MF Austin TX 58,059.14 12,814.20 5.560%
502769917 32 MF Miami FL 52,583.86 13,309.45 5.200%
502768418 33 OF San Diego CA 56,669.49 12,219.99 5.600%
701000034 34 RT Simi Valley CA 52,319.39 11,246.10 5.660%
502764301 35 RT Fairview Heights IL 50,069.15 11,252.06 5.500%
801000036 36 RT Valencia CA 50,551.72 10,546.88 5.680%
502757713 37 RT Flowery Branch GA 49,809.02 10,813.72 5.600%
502769502 38 LO Norfolk VA 49,628.48 15,359.00 5.730%
310100109 39 OF Northbrook IL 45,747.34 10,435.92 5.450%
801000040 40 OF Sacramento CA 46,925.80 9,787.62 5.650%
701000041 41 MF Halfmoon NY 44,805.00 14,262.76 5.650%
701000042 42 OF Anchorage AK 40,779.78 9,418.14 5.450%
701000043 43 MF Phoenix AZ 37,673.61 0.00 5.000%
310100103 44 OF Ann Arbor MI 39,000.26 8,361.26 5.600%
502766015 45 RT Boone NC 35,354.42 9,023.54 5.180%
801000046 46 OF Des Moines IA 39,084.31 7,571.47 5.860%
801000047 47 MU Tempe AZ 33,405.85 8,288.59 5.310%
701000048 48 RT Westport CT 36,916.59 7,224.42 5.890%
410100091 49 RT Various TX 38,192.82 6,352.41 6.230%
701000050 50 MF Fargo ND 32,985.01 7,725.98 5.400%
502755510 51 MF State College PA 32,359.14 7,900.45 5.300%
801000052 52 MF Las Vegas NV 32,716.61 7,713.61 5.400%
701000053 53 MF Atlantic Beach FL 30,806.03 7,961.84 5.150%
310100060 54 RT Federal Heights CO 33,065.67 7,267.91 5.570%
801000055 55 MF Fairfield CA 31,203.60 7,667.73 5.300%
502754448 56 RT Miami Beach FL 35,346.47 6,577.07 5.990%
701000057 57 RT Mohegan Lake NY 36,411.99 6,370.03 6.180%
502741201 58 OF Harrisburg PA 32,818.37 6,735.09 5.720%
801000059 59 RT Troutdale OR 32,195.73 6,445.95 5.780%
310100063 60 RT Lakewood CO 30,771.85 6,763.73 5.570%
310100099 61 MH Apache Junction AZ 29,604.59 6,894.91 5.400%
410100084 62 MF Pensacola FL 29,984.92 6,839.84 5.480%
310100069 63 SS Chula Vista CA 35,379.62 8,508.85 6.500%
310100050 64 OF Lakeside CO 32,828.15 6,142.63 6.000%
701000065 65 MF Atlantic Beach FL 27,768.82 7,176.86 5.150%
410100105 66 MF Torrance CA 28,720.06 6,443.97 5.490%
502772602 67 SS Fairfax Station VA 28,300.10 9,234.62 5.580%
701000068 68 OF Lone Tree CO 27,293.93 6,490.10 5.350%
502754814 69 OF Bannockburn IL 29,036.67 0.00 5.620%
502759109 70 MF Yorktown Heights NY 25,486.45 6,906.44 5.050%
701000071 71 MF Fargo ND 24,163.02 6,575.31 5.040%
502748108 72 RT Boca Raton FL 28,723.44 4,748.55 5.930%
701000073 73 OF Sacramento CA 32,950.66 4,281.14 7.150%
310100056 74 MF Dallas TX 25,302.77 5,710.15 5.520%
502761803 75 MF Christiana DE 24,849.14 5,584.35 5.500%
502764713 76 SS Springfield VA 26,214.68 7,831.55 5.870%
701000077 77 OF Wellington FL 24,889.10 4,806.00 5.640%
701000078 78 MF Brandon FL 23,504.29 0.00 5.470%
502765001 79 MF Miami FL 20,582.68 5,612.37 5.050%
502767415 80 RT Elgin IL 23,622.78 4,633.13 5.830%
310100087 81 RT New York NY 25,544.81 6,416.68 6.350%
701000082 82 RT Plano TX 23,130.07 4,650.03 5.770%
502760701 83 RT Colorado Springs CO 23,027.88 6,808.09 5.900%
410100097 84 RT Lexington NC 21,523.38 10,198.96 5.800%
410100083 85 MF Pensacola FL 20,758.79 4,735.28 5.480%
701000086 86 RT Cordova TN 20,829.83 4,485.17 5.620%
701000087 87 IN Denver CO 18,696.85 6,944.12 5.200%
310100088 88 RT Destin FL 21,645.59 3,698.30 6.150%
502768426 89 RT Las Vegas NV 20,800.68 3,780.89 6.000%
502755914 90 RT Las Vegas NV 22,671.65 8,065.86 6.910%
502768925 91 MF Stockton CA 16,666.26 4,684.54 4.950%
502755808 92 RT Goodyear AZ 19,316.91 4,026.00 5.750%
310100014 93 OF Dallas TX 20,450.95 3,688.72 6.120%
502765720 94 OF Las Vegas NV 18,462.81 3,975.48 5.620%
502749508 95 RT Mount Prospect IL 19,636.50 3,745.97 6.000%
502762508 96 RT Omaha NE 19,186.46 3,534.11 6.000%
310100057 97 MF White Settlement TX 17,593.92 3,763.80 5.650%
701000098 98 RT Bothell WA 17,251.79 3,644.15 5.650%
310100092 99 MH Santa Ana CA 16,987.18 3,656.97 5.590%
310100094 100 MH Santa Ana CA 16,987.18 3,656.97 5.590%
701000101 101 RT Dallas TX 18,535.19 7,975.21 6.250%
502735515 102 MF Greenville NC 15,619.91 8,357.41 5.450%
502765613 103 RT Dickinson TX 15,918.31 3,556.85 5.500%
310100085 104 MH Las Cruces NM 14,311.78 3,727.42 5.160%
502736006 105 IN Menominee MI 16,931.31 7,189.32 6.250%
701000106 106 RT Ft. Lauderdale FL 15,647.20 3,128.90 5.800%
502755923 107 RT Colonie NY 18,379.86 6,376.60 7.350%
502753022 108 SS Brandon FL 14,440.36 3,200.02 5.520%
701000109 109 RT San Jose CA 15,317.86 4,466.42 5.900%
502751738 110 MF Richmond VA 15,472.30 2,849.96 6.000%
128878895 111 MF Aberdeen MD 21,781.92 2,201.86 9.310%
502765330 112 MF Lafayette CA 13,242.25 2,915.07 5.550%
701000113 113 RT Fontana CA 13,691.30 2,737.79 5.800%
310100095 114 MH San Luis AZ 11,963.04 6,629.18 5.290%
410100100 115 RT Mesa AZ 13,238.56 2,645.80 5.770%
502765609 116 RT Lodi CA 13,095.82 5,889.60 6.000%
310100096 117 MH Mesquite TX 11,483.52 2,799.59 5.290%
410100101 118 RT Alpharetta GA 11,656.77 2,348.98 5.750%
502770502 119 SS Oldsmar FL 10,946.73 2,425.82 5.520%
310100089 120 MH McAllen TX 10,755.60 2,417.10 5.500%
502768321 121 SS Maple Shade NJ 10,795.02 3,191.94 5.860%
310100062 122 RT Jefferson City MO 10,132.20 2,227.08 5.570%
701000123 123 RT Holly Springs GA 10,569.12 4,707.34 6.100%
701000124 124 RT Conroe TX 10,071.15 1,983.41 5.820%
310100015 125 OF Houston TX 10,392.68 1,874.52 6.120%
701000126 126 MF Washington DC 8,721.01 3,263.95 5.250%
701000127 127 MF Landover MD 8,721.01 3,263.95 5.250%
502756535 128 RT Shippensburg PA 9,654.47 2,854.30 5.900%
310100070 129 RT Deerfield Beach FL 8,714.97 11,308.17 5.910%
801000130 130 IN Springfield VA 8,723.90 2,643.57 5.790%
701000131 131 RT Denver CO 8,948.73 1,727.73 5.900%
701000132 132 RT West Columbia SC 8,981.77 1,729.27 5.930%
701000133 133 MF Spokane Valley WA 7,669.37 1,823.67 5.350%
502763514 134 MU Richmond VA 8,198.59 1,652.12 5.750%
502765328 135 MF Layfayette CA 7,814.33 1,720.20 5.550%
502755922 136 RT Baltimore MD 8,939.33 5,255.65 6.850%
310100043 137 RT Pantego TX 9,550.57 1,261.21 6.850%
310100016 138 OF Houston TX 8,386.18 1,512.60 6.120%
125129420 139 MF Salisbury NC 11,819.17 765.47 8.625%
502746509 140 MH Newfield NY 8,273.25 3,512.97 6.250%
502763203 141 MF Charlottesville VA 7,417.65 1,666.97 5.500%
310100093 142 MH Coachella CA 6,960.31 3,856.98 5.290%
701000143 143 OF Huntersville NC 7,137.09 1,669.15 5.390%
701000144 144 MF Two Harbors MN 6,906.00 6,032.53 5.500%
701000145 145 RT Aurora IL 7,318.71 1,358.04 5.950%
701000146 146 RT Kennesaw GA 7,390.19 2,002.52 6.130%
701000147 147 MF Hapeville GA 6,896.63 2,111.25 5.800%
125157750 148 MF Inman SC 9,864.29 1,086.99 8.625%
310100072 149 RT Boca Raton FL 6,334.08 8,218.82 5.910%
310100073 150 RT Hialeah FL 3,683.65 4,779.74 5.910%
310100074 151 RT Fort Lauderdale FL 2,733.93 4,121.35 5.910%
310100071 152 RT Tamarac FL 2,270.92 3,423.39 5.910%
Totals 5,713,944.27 1,154,033.42
Loan Anticipated Maturity Neg. Beginning Ending Paid Thru
Number Repayment Date Amort Scheduled Scheduled Date
Date (Y/N) Balance Balance
<s> <c> <c> <c> <c> <c> <c>
343005011 06/11/2013 06/11/2033 N 68,569,122.53 68,495,203.94 01/11/2005
502767418 05/11/2013 05/11/2033 N 44,160,953.11 44,120,043.64 01/11/2005
502752708 N/A 02/11/2013 N 35,000,000.00 35,000,000.00 02/11/2005
502764101 N/A 04/11/2013 N 28,303,960.53 28,271,133.12 02/11/2005
502756439 N/A 04/11/2013 N 27,000,000.00 27,000,000.00 02/11/2005
502769501 N/A 06/11/2010 N 25,900,000.00 25,900,000.00 02/11/2005
502768814 N/A 05/11/2013 N 24,518,256.09 24,494,691.46 02/11/2005
502762819 N/A 04/11/2013 N 23,815,916.25 23,791,038.94 01/11/2005
310100068 04/11/2013 04/11/2033 N 20,333,438.63 20,312,001.96 01/11/2005
801000010 N/A 12/01/2012 N 20,253,848.49 20,232,281.09 09/01/2004
502768323 N/A 05/11/2013 N 18,250,000.00 18,250,000.00 02/11/2005
502764302 N/A 05/11/2013 N 17,646,291.82 17,628,958.57 01/11/2005
701000013 N/A 02/01/2012 N 16,900,876.80 16,881,850.99 02/02/2005
502762107 N/A 05/11/2013 N 17,000,000.00 17,000,000.00 02/11/2005
701000015 02/01/2012 02/01/2033 N 16,569,441.61 16,551,102.30 02/02/2005
801000016 N/A 02/01/2012 N 16,442,669.00 16,425,402.92 02/02/2005
701000017 N/A 06/01/2013 N 16,187,426.68 16,171,390.89 02/02/2005
502770417 N/A 06/11/2013 N 15,968,889.16 15,951,793.13 02/11/2005
502765507 N/A 05/11/2013 N 15,675,275.02 15,659,316.81 01/11/2005
310100005 12/11/2012 12/11/2032 N 15,153,660.76 15,140,220.85 01/11/2005
701000021 N/A 01/01/2013 N 14,937,709.59 14,922,545.43 02/02/2005
502764801 N/A 04/11/2013 N 15,000,000.00 15,000,000.00 02/11/2005
502720204 N/A 05/11/2013 N 14,699,462.81 14,684,709.64 01/11/2005
502765003 05/11/2010 04/17/2033 N 14,659,804.99 14,642,947.01 01/11/2005
701000025 05/11/2012 05/11/2033 N 14,205,717.91 14,191,255.78 01/11/2005
502764109 N/A 05/11/2013 N 13,943,780.05 13,928,662.64 02/11/2005
701000027 05/11/2011 05/11/2033 N 14,145,000.00 14,145,000.00 01/11/2005
502749415 N/A 04/11/2013 N 13,715,222.29 13,701,977.86 01/11/2005
502765717 N/A 05/11/2013 N 12,921,071.76 12,907,319.24 01/11/2005
502764911 05/11/2010 04/16/2033 N 12,704,558.55 12,689,916.33 01/11/2005
701000031 N/A 04/01/2012 N 12,126,532.19 12,113,717.99 02/02/2005
502769917 N/A 06/11/2010 N 11,743,293.84 11,729,984.39 01/11/2005
502768418 N/A 05/11/2013 N 11,751,738.07 11,739,518.08 01/11/2005
701000034 N/A 02/01/2008 N 10,734,629.19 10,723,383.09 02/02/2005
502764301 N/A 05/11/2013 N 10,571,786.03 10,560,533.97 02/11/2005
801000036 N/A 05/01/2013 N 10,335,426.02 10,324,879.14 02/02/2005
502757713 N/A 04/11/2013 N 10,329,058.65 10,318,244.93 01/11/2005
502769502 N/A 06/11/2013 N 10,058,127.07 10,042,768.07 01/11/2005
310100109 N/A 06/11/2013 N 9,747,880.22 9,737,444.30 02/11/2005
801000040 N/A 07/01/2013 N 9,645,040.74 9,635,253.12 02/02/2005
701000041 N/A 06/11/2013 N 9,209,134.65 9,194,871.89 02/11/2005
701000042 04/11/2009 05/11/2033 N 8,689,387.49 8,679,969.35 02/11/2005
701000043 N/A 06/11/2010 N 8,750,000.00 8,750,000.00 01/11/2005
310100103 N/A 06/11/2013 N 8,087,611.80 8,079,250.54 01/11/2005
502766015 N/A 06/11/2013 N 7,926,011.88 7,916,988.34 01/11/2005
801000046 N/A 05/01/2013 N 7,745,432.81 7,737,861.34 02/02/2005
801000047 N/A 02/01/2008 N 7,305,817.06 7,297,528.47 02/02/2005
701000048 N/A 02/01/2013 N 7,278,587.83 7,271,363.41 02/02/2005
410100091 N/A 05/11/2013 N 7,119,254.61 7,112,902.20 02/11/2005
701000050 N/A 05/11/2013 N 7,093,550.16 7,085,824.18 01/11/2005
502755510 05/11/2013 05/06/2033 N 7,090,256.67 7,082,356.22 02/11/2005
801000052 N/A 04/01/2013 N 7,035,830.07 7,028,116.46 02/02/2005
701000053 N/A 06/11/2013 N 6,946,553.20 6,938,591.36 01/11/2005
310100060 04/11/2013 04/11/2033 N 6,893,867.99 6,886,600.08 02/11/2005
801000055 N/A 04/01/2012 N 6,837,063.38 6,829,395.65 02/02/2005
502754448 N/A 03/11/2013 N 6,852,673.30 6,846,096.23 02/11/2005
701000057 N/A 01/01/2013 N 6,842,215.51 6,835,845.48 02/02/2005
502741201 N/A 05/11/2013 N 6,662,875.88 6,656,140.79 01/11/2005
801000059 N/A 05/01/2013 N 6,468,614.93 6,462,168.98 02/02/2005
310100063 04/11/2013 04/11/2033 N 6,415,629.69 6,408,865.96 02/11/2005
310100099 N/A 06/11/2013 N 6,366,578.28 6,359,683.37 02/11/2005
410100084 N/A 04/11/2013 N 6,354,233.47 6,347,393.63 02/11/2005
310100069 N/A 04/11/2013 N 6,320,924.48 6,312,415.63 01/11/2005
310100050 N/A 02/11/2013 N 6,353,836.36 6,347,693.73 01/11/2005
701000065 N/A 06/11/2013 N 6,261,681.86 6,254,505.00 01/11/2005
410100105 N/A 06/11/2013 N 6,075,105.44 6,068,661.47 02/11/2005
502772602 N/A 06/11/2013 N 5,889,719.52 5,880,484.90 02/11/2005
701000068 N/A 06/11/2013 N 5,924,518.64 5,918,028.54 01/11/2005
502754814 N/A 05/11/2013 N 6,000,000.00 6,000,000.00 01/11/2005
502759109 N/A 05/11/2013 N 5,860,826.21 5,853,919.77 01/11/2005
701000071 N/A 05/11/2013 N 5,567,515.30 5,560,939.99 01/11/2005
502748108 N/A 01/11/2013 N 5,625,000.00 5,620,251.45 02/11/2005
701000073 N/A 12/01/2011 N 5,351,787.26 5,347,506.12 02/02/2005
310100056 N/A 03/11/2013 N 5,323,162.71 5,317,452.56 02/11/2005
502761803 N/A 05/11/2013 N 5,246,738.25 5,241,153.90 02/11/2005
502764713 N/A 04/11/2013 N 5,186,176.10 5,178,344.55 02/11/2005
701000077 N/A 05/11/2013 N 5,124,728.81 5,119,922.81 02/11/2005
701000078 N/A 06/11/2020 N 4,990,000.00 4,990,000.00 01/11/2005
502765001 N/A 04/11/2010 N 4,733,162.80 4,727,550.43 01/11/2005
502767415 N/A 05/11/2013 N 4,705,473.45 4,700,840.32 01/11/2005
310100087 N/A 05/11/2013 N 4,671,645.07 4,665,228.39 01/11/2005
701000082 N/A 05/11/2013 N 4,655,238.39 4,650,588.36 02/11/2005
502760701 04/11/2013 04/08/2028 N 4,532,550.97 4,525,742.88 01/11/2005
410100097 N/A 06/11/2023 N 4,309,464.38 4,299,265.42 02/11/2005
410100083 N/A 04/11/2013 N 4,399,084.61 4,394,349.33 02/11/2005
701000086 N/A 04/11/2013 N 4,304,178.38 4,299,693.21 02/11/2005
701000087 N/A 07/11/2010 N 4,175,474.73 4,168,530.61 01/11/2005
310100088 N/A 06/11/2013 N 4,087,286.08 4,083,587.78 02/11/2005
502768426 06/11/2013 05/16/2033 N 4,025,937.20 4,022,156.31 01/11/2005
502755914 N/A 06/15/2024 N 3,937,189.68 3,929,123.82 02/15/2005
502768925 N/A 06/11/2013 N 3,909,972.48 3,905,287.94 02/11/2005
502755808 N/A 01/11/2013 N 3,901,310.69 3,897,284.69 01/11/2005
310100014 N/A 12/11/2012 N 3,880,635.54 3,876,946.82 01/11/2005
502765720 N/A 04/11/2013 N 3,815,067.32 3,811,091.84 02/11/2005
502749508 N/A 11/11/2012 N 3,800,613.44 3,796,867.47 01/11/2005
502762508 04/11/2013 04/11/2033 N 3,713,509.34 3,709,975.23 01/11/2005
310100057 N/A 03/11/2013 N 3,616,220.39 3,612,456.59 10/11/2004
701000098 N/A 05/11/2013 N 3,545,900.39 3,542,256.24 01/11/2005
310100092 N/A 06/11/2013 N 3,528,989.85 3,525,332.88 01/11/2005
310100094 N/A 06/11/2013 N 3,528,989.85 3,525,332.88 01/11/2005
701000101 N/A 05/11/2023 N 3,443,957.31 3,435,982.10 01/11/2005
502735515 N/A 04/11/2013 N 3,328,302.66 3,319,945.25 02/11/2005
502765613 06/11/2013 05/16/2033 N 3,361,049.84 3,357,492.99 01/11/2005
310100085 N/A 04/11/2013 N 3,220,956.48 3,217,229.06 01/11/2005
502736006 N/A 03/11/2013 N 3,145,946.47 3,138,757.15 02/11/2005
701000106 N/A 04/11/2013 N 3,132,921.37 3,129,792.47 01/11/2005
502755923 N/A 02/15/2019 N 3,000,793.34 2,994,416.74 02/15/2005
502753022 N/A 06/11/2013 N 3,037,944.44 3,034,744.42 01/11/2005
701000109 N/A 06/11/2013 N 3,014,997.42 3,010,531.00 02/11/2005
502751738 N/A 04/11/2013 N 2,994,639.31 2,991,789.35 01/11/2005
128878895 N/A 09/01/2026 N 2,807,551.51 2,805,349.65 01/02/2005
502765330 N/A 05/11/2008 N 2,770,827.63 2,767,912.56 01/11/2005
701000113 N/A 04/11/2013 N 2,741,306.13 2,738,568.34 02/11/2005
310100095 N/A 06/11/2013 N 2,626,192.29 2,619,563.11 01/11/2005
410100100 N/A 06/11/2013 N 2,664,438.29 2,661,792.49 01/11/2005
502765609 05/11/2013 05/11/2023 N 2,534,675.67 2,528,786.07 02/11/2005
310100096 N/A 06/11/2013 N 2,520,925.61 2,518,126.02 01/11/2005
410100101 N/A 06/11/2013 N 2,354,241.93 2,351,892.95 01/11/2005
502770502 N/A 06/11/2013 N 2,302,957.83 2,300,532.01 01/11/2005
310100089 N/A 05/11/2008 N 2,270,976.33 2,268,559.23 01/11/2005
502768321 N/A 06/11/2013 N 2,139,274.48 2,136,082.54 02/11/2005
310100062 04/11/2013 04/11/2033 N 2,112,463.37 2,110,236.29 02/11/2005
701000123 N/A 06/11/2023 N 2,012,101.26 2,007,393.92 02/11/2005
701000124 N/A 05/11/2013 N 2,009,541.80 2,007,558.39 01/11/2005
310100015 N/A 12/11/2012 N 1,972,046.31 1,970,171.79 01/11/2005
701000126 N/A 03/11/2013 N 1,929,071.70 1,925,807.75 02/11/2005
701000127 N/A 03/11/2013 N 1,929,071.70 1,925,807.75 02/11/2005
502756535 04/11/2013 04/03/2028 N 1,900,278.07 1,897,423.77 02/11/2005
310100070 N/A 04/11/2013 N 1,712,455.41 1,701,147.24 02/11/2005
801000130 N/A 06/01/2013 N 1,749,737.91 1,747,094.34 02/02/2005
701000131 N/A 03/11/2013 N 1,761,367.90 1,759,640.17 02/11/2005
701000132 N/A 02/11/2013 N 1,758,927.95 1,757,198.68 02/11/2005
701000133 N/A 06/11/2013 N 1,664,740.65 1,662,916.98 02/11/2005
502763514 N/A 06/11/2013 N 1,655,816.82 1,654,164.70 01/11/2005
502765328 N/A 05/11/2013 N 1,635,082.06 1,633,361.86 01/11/2005
502755922 N/A 02/15/2019 N 1,566,014.59 1,560,758.94 02/15/2005
310100043 N/A 02/11/2013 N 1,619,121.69 1,617,860.48 01/11/2005
310100016 N/A 12/11/2012 N 1,591,304.69 1,589,792.09 01/11/2005
125129420 N/A 06/01/2017 N 1,591,360.68 1,590,595.21 02/02/2005
502746509 N/A 03/11/2013 N 1,537,223.79 1,533,710.82 02/11/2005
502763203 N/A 05/11/2013 N 1,566,190.60 1,564,523.63 01/11/2005
310100093 N/A 06/11/2013 N 1,527,966.47 1,524,109.49 01/11/2005
701000143 N/A 06/11/2013 N 1,537,706.33 1,536,037.18 02/11/2005
701000144 N/A 05/11/2018 N 1,458,158.03 1,452,125.50 01/11/2005
701000145 N/A 06/11/2013 N 1,428,429.05 1,427,071.01 02/11/2005
701000146 N/A 05/11/2013 N 1,400,025.86 1,398,023.34 01/11/2005
701000147 N/A 04/11/2013 N 1,380,859.94 1,378,748.69 01/11/2005
125157750 N/A 12/01/2019 N 1,372,423.45 1,371,336.46 02/02/2005
310100072 N/A 04/11/2013 N 1,244,619.68 1,236,400.86 02/11/2005
310100073 N/A 04/11/2013 N 723,821.33 719,041.59 02/11/2005
310100074 N/A 04/11/2013 N 537,204.89 533,083.54 02/11/2005
310100071 N/A 04/11/2013 N 446,226.59 442,803.20 02/11/2005
Totals 1,180,222,899.99 1,179,068,866.57
Loan Appraisal Appraisal Res. Mod.
Number Reduction Reduction Strat. Code
Date Amount (2) (3)
<s> <c> <c> <c> <c>
801000010 13
310100057 13
Totals 0.00
<FN>
(1) Property Type Code
MF - Multi-Family
RT - Retail
HC - Health Care
IN - Industrial
WH - Warehouse
MH - Mobile Home Park
OF - Office
MU - Mixed Use
LO - Lodging
SS - Self Storage
OT - Other
IW - Industrial/Warehouse
(2) Resolution Strategy Code
1 - Modification
2 - Foreclosure
3 - Bankruptcy
4 - Extension
5 - Note Sale
6 - DPO
7 - REO
8 - Resolved
9 - Pending Return to Master Servicer
10 - Deed In Lieu Of Foreclosure
11 - Full Payoff
12 - Reps and Warranties
13 - Other or TBD
(3) Modification Code
1 - Maturity Date Extension
2 - Amortization Change
3 - Principal Write-Off
4 - Combination
</FN>
Principal Prepayment Detail
No Principal Prepayments this Period
Historical Detail
Delinquencies
Distribution 30-59 Days 60-89 Days 90 Days or More
Date # Balance # Balance # Balance
<s> <c> <c> <c> <c> <c> <c>
02/15/2005 0 $0.00 0 $0.00 2 $23,844,737.68
01/18/2005 0 $0.00 0 $0.00 2 $23,870,068.88
12/15/2004 0 $0.00 2 $23,895,277.62 0 $0.00
11/15/2004 0 $0.00 0 $0.00 0 $0.00
10/15/2004 1 $5,139,804.62 0 $0.00 0 $0.00
09/15/2004 1 $4,042,199.70 0 $0.00 0 $0.00
08/16/2004 0 $0.00 0 $0.00 0 $0.00
07/15/2004 0 $0.00 0 $0.00 0 $0.00
06/15/2004 0 $0.00 0 $0.00 0 $0.00
05/17/2004 0 $0.00 0 $0.00 0 $0.00
04/15/2004 0 $0.00 0 $0.00 0 $0.00
03/15/2004 0 $0.00 0 $0.00 0 $0.00
Distribution Foreclosure REO Modifications
Date # Balance # Balance # Balance
<s> <c> <c> <c> <c> <c> <c>
02/15/2005 0 $0.00 0 $0.00 0 $0.00
01/18/2005 0 $0.00 0 $0.00 0 $0.00
12/15/2004 0 $0.00 0 $0.00 0 $0.00
11/15/2004 0 $0.00 0 $0.00 0 $0.00
10/15/2004 0 $0.00 0 $0.00 0 $0.00
09/15/2004 0 $0.00 0 $0.00 0 $0.00
08/16/2004 0 $0.00 0 $0.00 0 $0.00
07/15/2004 0 $0.00 0 $0.00 0 $0.00
06/15/2004 0 $0.00 0 $0.00 0 $0.00
05/17/2004 0 $0.00 0 $0.00 0 $0.00
04/15/2004 0 $0.00 0 $0.00 0 $0.00
03/15/2004 0 $0.00 0 $0.00 0 $0.00
Prepayments Rate and Maturities
Distribution Curtailments Payoff Next Weighted Avg. WAM
Date # Amount # Amount Coupon Remit
<s> <c> <c> <c> <c> <c> <c> <c>
02/15/2005 0 $0.00 0 $0.00 5.627777% 5.574091% 96
01/18/2005 0 $0.00 0 $0.00 5.627821% 5.574134% 97
12/15/2004 0 $0.00 0 $0.00 5.627864% 5.578466% 98
11/15/2004 0 $0.00 0 $0.00 5.627911% 5.579277% 99
10/15/2004 0 $0.00 0 $0.00 5.627952% 5.579318% 100
09/15/2004 0 $0.00 0 $0.00 5.627998% 5.579363% 101
08/16/2004 0 $0.00 0 $0.00 5.628038% 5.579403% 102
07/15/2004 0 $0.00 0 $0.00 5.628079% 5.579442% 103
06/15/2004 0 $0.00 0 $0.00 5.628123% 5.579486% 104
05/17/2004 0 $0.00 0 $0.00 5.628162% 5.579524% 105
04/15/2004 0 $0.00 0 $0.00 5.628206% 5.579567% 106
03/15/2004 0 $0.00 0 $0.00 5.628245% 5.579605% 107
<FN>
Note: Foreclosure and REO Totals are excluded from the delinquencies aging
categories.
</FN>
Delinquency Loan Detail
Offering # of Paid Through Current Outstanding Status of
Loan Number Document Months Date P & I P & I Mortgage
Cross- Delinq. Advances Advances ** Loan (1)
Reference
<s> <c> <c> <c> <c> <c> <c>
343005011 1 0 01/11/2005 391,660.28 391,660.28 A
502767418 2 0 01/11/2005 270,644.55 270,644.55 A
502762819 8 0 01/11/2005 135,852.87 135,852.87 A
310100068 9 0 01/11/2005 118,285.97 118,285.97 A
801000010 10 4 09/01/2004 117,486.25 587,403.92 3
502764302 12 0 01/11/2005 105,486.29 105,486.29 A
502765507 19 0 01/11/2005 92,240.20 92,240.20 A
310100005 20 0 01/11/2005 96,448.30 96,448.30 A
502720204 23 0 01/11/2005 87,045.95 87,045.95 A
502765003 24 0 01/11/2005 81,507.72 81,507.72 A
701000025 25 0 01/11/2005 83,592.68 83,592.68 A
701000027 27 0 01/11/2005 66,520.79 66,520.79 A
502749415 28 0 01/11/2005 82,940.61 82,940.61 A
502765717 29 0 01/11/2005 74,517.45 74,517.45 A
502764911 30 0 01/11/2005 70,559.93 70,559.93 A
502769917 32 0 01/11/2005 65,501.87 65,501.87 A
502768418 33 0 01/11/2005 68,497.76 68,497.76 A
502757713 37 0 01/11/2005 60,278.44 60,278.44 A
502769502 38 0 01/11/2005 64,652.20 64,652.20 A
701000043 43 0 01/11/2005 37,381.95 37,381.95 A
310100103 44 0 01/11/2005 47,091.94 47,091.94 A
502766015 45 0 01/11/2005 44,113.76 44,113.76 A
701000050 50 0 01/11/2005 40,474.53 40,474.53 A
701000053 53 0 01/11/2005 38,536.31 38,536.31 A
502741201 58 0 01/11/2005 39,331.36 39,331.36 A
310100069 63 0 01/11/2005 43,677.77 43,677.77 A
310100050 64 0 01/11/2005 38,758.98 38,758.98 A
701000065 65 0 01/11/2005 34,736.96 34,736.96 A
701000068 68 0 01/11/2005 33,586.55 33,586.55 A
502754814 69 0 01/11/2005 28,836.67 28,836.67 A
502759109 70 0 01/11/2005 32,197.53 32,197.53 A
701000071 71 0 01/11/2005 30,552.75 30,552.75 A
701000078 78 0 01/11/2005 23,337.95 23,337.95 A
502765001 79 0 01/11/2005 26,037.27 26,037.27 A
502767415 80 0 01/11/2005 28,099.07 28,099.07 A
310100087 81 0 01/11/2005 31,805.77 31,805.77 A
502760701 83 0 01/11/2005 29,684.89 29,684.89 A
701000087 87 0 01/11/2005 25,501.79 25,501.79 A
502768426 89 0 01/11/2005 24,447.37 24,447.37 A
502755808 92 0 01/11/2005 23,082.82 23,082.82 A
310100014 93 0 01/11/2005 24,010.31 24,010.31 A
502749508 95 0 01/11/2005 23,255.79 23,255.79 A
502762508 96 0 01/11/2005 22,596.79 22,596.79 A
310100057 97 3 10/11/2004 21,237.18 84,947.94 3
310100092 99 0 01/11/2005 20,526.51 20,526.51 A
310100094 100 0 01/11/2005 20,526.51 20,526.51 A
701000101 101 0 01/11/2005 26,395.60 26,395.60 A
502765613 103 0 01/11/2005 19,363.12 19,363.12 A
310100085 104 0 01/11/2005 17,931.84 17,931.84 A
701000106 106 0 01/11/2005 18,671.66 18,671.66 A
502753022 108 0 01/11/2005 17,539.12 17,539.12 A
502751738 110 0 01/11/2005 18,222.44 18,222.44 A
128878895 111 0 01/02/2005 23,890.20 23,890.20 A
502765330 112 0 01/11/2005 16,064.96 16,064.96 A
310100095 114 0 01/11/2005 18,504.68 18,504.68 A
410100100 115 0 01/11/2005 15,640.12 15,640.12 A
310100096 117 0 01/11/2005 14,199.07 14,199.07 A
410100101 118 0 01/11/2005 13,789.94 13,789.94 A
502770502 119 0 01/11/2005 13,295.79 13,295.79 A
310100089 120 0 01/11/2005 13,097.00 13,097.00 A
701000124 124 0 01/11/2005 11,987.58 11,987.58 A
310100015 125 0 01/11/2005 12,201.46 12,201.46 A
502763514 134 0 01/11/2005 9,795.51 9,795.51 A
502765328 135 0 01/11/2005 9,480.03 9,480.03 A
310100043 137 0 01/11/2005 10,757.80 10,757.80 A
310100016 138 0 01/11/2005 9,845.74 9,845.74 A
502763203 141 0 01/11/2005 9,032.42 9,032.42 A
310100093 142 0 01/11/2005 10,766.35 10,766.35 A
701000144 144 0 01/11/2005 12,889.93 12,889.93 A
701000146 146 0 01/11/2005 9,346.05 9,346.05 A
701000147 147 0 01/11/2005 8,961.86 8,961.86 A
Totals 71 3,328,817.46 3,862,445.89
Resolution Servicing Actual Outstanding
Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO
Number Code (2) Date Date Balance Advances Date Date
<s> <c> <c> <c> <c> <c> <c> <c>
343005011 68,569,122.53 0.00
502767418 44,160,953.11 0.00
502762819 23,815,916.25 0.00
310100068 20,333,438.63 0.00
801000010 13 12/30/2004 20,345,387.17 0.00
502764302 17,646,291.82 0.00
502765507 15,675,275.02 0.00
310100005 15,153,660.76 0.00
502720204 14,699,462.81 0.00
502765003 14,659,804.99 0.00
701000025 14,205,717.91 0.00
701000027 14,145,000.00 0.00
502749415 13,715,222.29 0.00
502765717 12,921,071.76 0.00
502764911 12,704,558.55 0.00
502769917 11,743,293.84 0.00
502768418 11,751,738.07 0.00
502757713 10,329,058.65 0.00
502769502 10,058,127.07 0.00
701000043 8,750,000.00 0.00
310100103 8,087,611.80 0.00
502766015 7,926,011.88 0.00
701000050 7,093,550.16 0.00
701000053 6,946,553.20 0.00
502741201 6,662,875.88 0.00
310100069 6,320,924.48 0.00
310100050 6,353,836.36 0.00
701000065 6,261,681.86 0.00
701000068 5,924,518.64 0.00
502754814 6,000,000.00 0.00
502759109 5,860,826.21 0.00
701000071 5,567,515.30 0.00
701000078 4,990,000.00 0.00
502765001 4,733,162.80 0.00
502767415 4,705,473.45 0.00
310100087 4,671,645.07 0.00
502760701 4,532,550.97 0.00
701000087 4,175,474.73 0.00
502768426 4,025,937.20 0.00
502755808 3,901,310.69 0.00
310100014 3,880,635.54 0.00
502749508 3,800,613.44 0.00
502762508 3,713,509.34 0.00
310100057 13 11/09/2004 3,627,966.13 0.00
310100092 3,528,989.85 0.00
310100094 3,528,989.85 0.00
701000101 3,443,957.31 0.00
502765613 3,361,049.84 0.00
310100085 3,220,956.48 0.00
701000106 3,132,921.37 0.00
502753022 3,037,944.44 0.00
502751738 2,994,639.31 0.00
128878895 2,807,551.51 0.00
502765330 2,770,827.63 0.00
310100095 2,626,192.29 0.00
410100100 2,664,438.29 0.00
310100096 2,520,925.61 0.00
410100101 2,354,241.93 0.00
502770502 2,302,957.83 0.00
310100089 2,270,976.33 0.00
701000124 2,009,541.80 0.00
310100015 1,972,046.31 0.00
502763514 1,655,816.82 0.00
502765328 1,635,082.06 0.00
310100043 1,619,121.69 0.00
310100016 1,591,304.69 0.00
502763203 1,566,190.60 0.00
310100093 1,527,966.47 0.00
701000144 1,458,158.03 0.00
701000146 1,400,025.86 0.00
701000147 1,380,859.94 0.00
Totals 569,530,960.50 0.00
Current Outstanding Actual Outstanding
P & I P & I Principal Servicing
Advances Advances** Balance Advances
<s> <c> <c> <c> <c>
Totals By Delinquency Code:
Total for Status Code = 3 (2 loans) 138,723.43 672,351.86 23,973,353.30 0.00
Total for Status Code = A (69 loans) 3,190,094.03 3,190,094.03 545,557,607.20 0.00
<FN>
(1) Status of Mortgage Loan
A - Payment Not Received But Still In Grace Period
B - Late Payment But Less Than 1 Month Delinquent
0 - Current
1 - One Month Delinquent
2 - Two Months Delinquent
3 - Three or More Months Delinquent
4 - Assumed Scheduled Payment (Performing Matured Balloon)
7 - Foreclosure
9 - REO
(2) Resolution Strategy Code
1 - Modification
2 - Foreclosure
3 - Bankruptcy
4 - Extension
5 - Note Sale
6 - DPO
7 - REO
8 - Resolved
9 - Pending Return to Master Servicer
10 - Deed In Lieu Of Foreclosure
11 - Full Payoff
12 - Reps and Warranties
13 - Other or TBD
** Outstanding P & I Advances include the current period advance.
</FN>
Specially Serviced Loan Detail - Part 1
Offering Servicing Resolution Scheduled Property Interest Actual
Loan Document Transfer Strategy Balance Type (2) State Rate Balance
Number Cross Date Code (1)
Reference
<s> <c> <c> <c> <c> <c> <c> <c> <c>
801000010 10 12/30/2004 13 20,232,281.09 MF KS 5.640% 20,345,387.17
310100057 97 11/09/2004 13 3,612,456.59 MF TX 5.650% 3,627,966.13
Net Remaining
Loan Operating DSCR Note Maturity Amortization
Number Income Date DSCR Date Date Term
<s> <c> <c> <c> <c> <c> <c>
801000010 2,699,266.00 1.38 01/01/2003 12/01/2012 333
310100057 62,260.91 09/30/2004 0.32 04/11/2003 03/11/2013 336
<FN>
(1) Resolution Strategy Code
1 - Modification
2 - Foreclosure
3 - Bankruptcy
4 - Extension
5 - Note Sale
6 - DPO
7 - REO
8 - Resolved
9 - Pending Return to Master Servicer
10 - Deed in Lieu Of Foreclosure
11 - Full Payoff
12 - Reps and Warranties
13 - Other or TBD
(2) Property Type Code
MF - Multi-Family
RT - Retail
HC - Health Care
IN - Industrial
WH - Warehouse
MH - Mobile Home Park
OF - Office
MU - Mixed Use
LO - Lodging
SS - Self Storage
OT - Other
</FN>
Specially Serviced Loan Detail - Part 2
Offering
Document Resolution Site Other REO
Loan Cross Strategy Inspection Phase 1 Appraisal Appraisal Property
Number Reference Code (1) Date Date Date Value Revenue
<s> <c> <c> <c> <c> <c> <c> <c>
801000010 10 13 11/03/2002 26,200,000.00
310100057 97 13 02/14/2003 4,750,000.00
Loan
Number Comments from Special Servicer
<s> <c>
801000010 Loan recently transferred as 60+ days delinquent. Engaged counsel and evaluating situation.
310100057 Counsel has been retained and is preparing to accelerate the loan and post for foreclosure
while negotiations are taking place with the Borrower in regard to a possible forbearance
agreement.
<FN>
(1) Resolution Strategy Code
1 - Modification
2 - Foreclosure
3 - Bankruptcy
4 - Extension
5 - Note Sale
6 - DPO
7 - REO
8 - Resolved
9 - Pending Return to Master Servicer
10 - Deed in Lieu Of Foreclosure
11 - Full Payoff
12 - Reps and Warranties
13 - Other or TBD
</FN>
Modified Loan Detail
No Modified Loans
Liquidated Loan Detail
No Liquidated Loans