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): February 25, 2005
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Loan Pass-Through Certificates, Series 2005-1 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-118843-12
Pooling and Servicing Agreement) (Commission 54-2165624
(State or other File Number) 54-2165625
jurisdiction IRS EIN
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 February 25, 2005 a distribution was made to holders of BANC OF AMERICA
MORTGAGE SECURITIES, INC., Mortgage Loan Pass-Through Certificates, Series
2005-1 Trust.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Mortgage Loan Pass-Through Certificates,
Series 2005-1 Trust, relating to the
February 25, 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.
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Loan Pass-Through Certificates, Series 2005-1 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: 3/1/2005
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Loan Pass-Through Certificates, Series 2005-1 Trust,
relating to the February 25, 2005 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Loan Pass-Through Certificates
Record Date: 1/31/2005
Distribution Date: 2/25/2005
Banc of America Mortgage Securities, Inc.
Mortgage Loan Pass-Through Certificates
Series 2005-1
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 05949AM80 SEN 5.50000% 6,774,000.00 31,047.50 178,595.19
1-A-2 05949AM98 SEN 5.50000% 2,384,000.00 10,926.67 0.00
1-A-3 05949AN22 SEN 5.50000% 4,592,000.00 21,046.67 0.00
1-A-4 05949AN30 SEN 5.50000% 890,000.00 4,079.17 0.00
1-A-5 05949AN48 SEN 5.50000% 2,000,000.00 9,166.67 0.00
1-A-6 05949AN55 SEN 5.50000% 2,000,000.00 9,166.67 0.00
1-A-7 05949AN63 SEN 3.70000% 5,850,000.00 18,037.50 154,234.11
1-A-8 05949AN71 SEN 8.50000% 3,510,000.00 24,862.50 92,540.46
1-A-9 05949AN89 SEN 3.01000% 13,029,133.00 32,681.41 19,184.78
1-A-10 05949AN97 SEN 14.29502% 3,272,090.00 38,978.83 4,818.00
1-A-11 05949AP20 SEN 8.00000% 1,465,777.00 9,771.85 2,158.29
1-A-12 05949AP38 SEN 5.50000% 4,233,000.00 19,401.25 553,864.64
1-A-13 05949AP46 SEN 4.75000% 65,604,000.00 259,682.50 210,234.72
1-A-14 05949AP53 SEN 5.25000% 10,332,000.00 45,202.50 0.00
1-A-15 05949AP61 SEN 5.50000% 13,948,000.00 63,928.33 0.00
1-A-16 05949AP79 SEN 5.50000% 4,229,000.00 19,382.92 0.00
1-A-17 05949AP87 SEN 5.50000% 504,000.00 2,310.00 0.00
1-A-18 05949AP95 SEN 5.25000% 4,467,000.00 19,543.13 0.00
1-A-19 05949AQ29 SEN 5.25000% 0.00 43,155.00 0.00
1-A-20 05949AQ37 SEN 5.50000% 0.00 19,495.41 0.00
1-A-21 05949AQ45 SEN 5.25000% 10,000,000.00 43,750.00 0.00
1-A-22 05949AQ52 SEN 5.25000% 70,177,000.00 307,024.38 786,603.52
1-A-23 05949AQ60 SEN 5.25000% 4,467,000.00 19,543.13 0.00
1-A-24 05949AQ78 SEN 5.25000% 4,467,000.00 19,543.12 0.00
1-A-R 05949AQ86 SEN 5.50000% 50.00 0.23 50.00
1-A-LR 05949AQ94 SEN 5.50000% 50.00 0.46 50.00
2-A-1 05949AR28 SEN 5.00000% 76,143,000.00 317,262.50 773,835.67
30-PO 05949AR44 SEN 0.00000% 1,829,524.24 0.00 3,263.44
30-IO 05949AR36 SEN 5.50000% 0.00 19,506.86 0.00
15-PO 05949AR69 SEN 0.00000% 580,652.65 0.00 2,200.66
15-IO 05949AR51 SEN 5.00000% 0.00 6,506.95 0.00
30-B-1 05949AR77 SUB 5.50000% 3,454,000.00 15,830.83 3,662.17
30-B-2 05949AR85 SUB 5.50000% 1,233,000.00 5,651.25 1,307.31
30-B-3 05949AR93 SUB 5.50000% 740,000.00 3,391.67 784.60
30-B-4 05949AS50 SUB 5.50000% 494,000.00 2,264.17 523.77
30-B-5 05949AS68 SUB 5.50000% 370,000.00 1,695.83 392.30
30-B-6 05949AS76 SUB 5.50000% 370,076.59 1,696.18 392.38
15-B-1 05949AS27 SUB 5.00000% 507,000.00 2,112.50 1,891.81
15-B-2 05949AS35 SUB 5.00000% 351,000.00 1,462.50 1,309.71
15-B-3 05949AS43 SUB 5.00000% 196,000.00 816.67 731.35
15-B-4 05949AS84 SUB 5.00000% 78,000.00 325.00 291.05
15-B-5 05949AS92 SUB 5.00000% 78,000.00 325.00 291.05
15-B-6 05949AT26 SUB 5.00000% 117,234.15 488.48 437.44
Totals 324,736,587.63 1,471,064.19 2,793,648.42
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 6,595,404.81 209,642.69 0.00
1-A-2 0.00 2,384,000.00 10,926.67 0.00
1-A-3 0.00 4,592,000.00 21,046.67 0.00
1-A-4 0.00 890,000.00 4,079.17 0.00
1-A-5 0.00 2,000,000.00 9,166.67 0.00
1-A-6 0.00 2,000,000.00 9,166.67 0.00
1-A-7 0.00 5,695,765.89 172,271.61 0.00
1-A-8 0.00 3,417,459.54 117,402.96 0.00
1-A-9 0.00 13,009,948.22 51,866.19 0.00
1-A-10 0.00 3,267,272.00 43,796.83 0.00
1-A-11 0.00 1,463,618.71 11,930.14 0.00
1-A-12 0.00 3,679,135.36 573,265.89 0.00
1-A-13 0.00 65,393,765.28 469,917.22 0.00
1-A-14 0.00 10,332,000.00 45,202.50 0.00
1-A-15 0.00 13,948,000.00 63,928.33 0.00
1-A-16 0.00 4,229,000.00 19,382.92 0.00
1-A-17 0.00 504,000.00 2,310.00 0.00
1-A-18 0.00 4,467,000.00 19,543.13 0.00
1-A-19 0.00 0.00 43,155.00 0.00
1-A-20 0.00 0.00 19,495.41 0.00
1-A-21 0.00 10,000,000.00 43,750.00 0.00
1-A-22 0.00 69,390,396.48 1,093,627.90 0.00
1-A-23 0.00 4,467,000.00 19,543.13 0.00
1-A-24 0.00 4,467,000.00 19,543.12 0.00
1-A-R 0.00 0.00 50.23 0.00
1-A-LR 0.00 0.00 50.46 0.00
2-A-1 0.00 75,369,164.33 1,091,098.17 0.00
30-PO 0.00 1,826,260.80 3,263.44 0.00
30-IO 0.00 0.00 19,506.86 0.00
15-PO 0.00 578,451.99 2,200.66 0.00
15-IO 0.00 0.00 6,506.95 0.00
30-B-1 0.00 3,450,337.83 19,493.00 0.00
30-B-2 0.00 1,231,692.69 6,958.56 0.00
30-B-3 0.00 739,215.40 4,176.27 0.00
30-B-4 0.00 493,476.23 2,787.94 0.00
30-B-5 0.00 369,607.70 2,088.13 0.00
30-B-6 0.00 369,684.21 2,088.56 0.00
15-B-1 0.00 505,108.19 4,004.31 0.00
15-B-2 0.00 349,690.29 2,772.21 0.00
15-B-3 0.00 195,268.65 1,548.02 0.00
15-B-4 0.00 77,708.95 616.05 0.00
15-B-5 0.00 77,708.95 616.05 0.00
15-B-6 0.00 116,796.71 925.92 0.00
Totals 0.00 321,942,939.21 4,264,712.61 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 6,774,000.00 6,774,000.00 22,525.90 156,069.29 0.00 0.00
1-A-2 2,384,000.00 2,384,000.00 0.00 0.00 0.00 0.00
1-A-3 4,592,000.00 4,592,000.00 0.00 0.00 0.00 0.00
1-A-4 890,000.00 890,000.00 0.00 0.00 0.00 0.00
1-A-5 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
1-A-6 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00
1-A-7 5,850,000.00 5,850,000.00 19,453.28 134,780.83 0.00 0.00
1-A-8 3,510,000.00 3,510,000.00 11,671.97 80,868.50 0.00 0.00
1-A-9 13,029,133.00 13,029,133.00 2,419.74 16,765.03 0.00 0.00
1-A-10 3,272,090.00 3,272,090.00 607.69 4,210.31 0.00 0.00
1-A-11 1,465,777.00 1,465,777.00 272.22 1,886.07 0.00 0.00
1-A-12 4,233,000.00 4,233,000.00 72,305.03 500,960.86 (19,401.25) 0.00
1-A-13 65,604,000.00 65,604,000.00 26,516.54 183,718.18 0.00 0.00
1-A-14 10,332,000.00 10,332,000.00 0.00 0.00 0.00 0.00
1-A-15 13,948,000.00 13,948,000.00 0.00 0.00 0.00 0.00
1-A-16 4,229,000.00 4,229,000.00 0.00 0.00 0.00 0.00
1-A-17 504,000.00 504,000.00 0.00 0.00 0.00 0.00
1-A-18 4,467,000.00 4,467,000.00 0.00 0.00 0.00 0.00
1-A-19 0.00 0.00 0.00 0.00 0.00 0.00
1-A-20 0.00 0.00 0.00 0.00 0.00 0.00
1-A-21 10,000,000.00 10,000,000.00 0.00 0.00 0.00 0.00
1-A-22 70,177,000.00 70,177,000.00 99,212.93 687,390.58 0.00 0.00
1-A-23 4,467,000.00 4,467,000.00 0.00 0.00 0.00 0.00
1-A-24 4,467,000.00 4,467,000.00 0.00 0.00 0.00 0.00
1-A-R 50.00 50.00 6.31 43.69 0.00 0.00
1-A-LR 50.00 50.00 6.31 43.69 0.00 0.00
2-A-1 76,143,000.00 76,143,000.00 284,117.99 489,717.68 0.00 0.00
30-PO 1,829,524.24 1,829,524.24 2,061.95 1,201.49 0.00 0.00
30-IO 0.00 0.00 0.00 0.00 0.00 0.00
15-PO 580,652.65 580,652.65 2,186.52 14.14 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
30-B-1 3,454,000.00 3,454,000.00 3,662.17 0.00 0.00 0.00
30-B-2 1,233,000.00 1,233,000.00 1,307.31 0.00 0.00 0.00
30-B-3 740,000.00 740,000.00 784.60 0.00 0.00 0.00
30-B-4 494,000.00 494,000.00 523.77 0.00 0.00 0.00
30-B-5 370,000.00 370,000.00 392.30 0.00 0.00 0.00
30-B-6 370,076.59 370,076.59 392.38 0.00 0.00 0.00
15-B-1 507,000.00 507,000.00 1,891.81 0.00 0.00 0.00
15-B-2 351,000.00 351,000.00 1,309.71 0.00 0.00 0.00
15-B-3 196,000.00 196,000.00 731.35 0.00 0.00 0.00
15-B-4 78,000.00 78,000.00 291.05 0.00 0.00 0.00
15-B-5 78,000.00 78,000.00 291.05 0.00 0.00 0.00
15-B-6 117,234.15 117,234.15 437.44 0.00 0.00 0.00
Totals 324,736,587.63 324,736,587.63 555,379.32 2,257,670.34 (19,401.25) 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-1 178,595.19 6,595,404.81 0.97363519 178,595.19
1-A-2 0.00 2,384,000.00 1.00000000 0.00
1-A-3 0.00 4,592,000.00 1.00000000 0.00
1-A-4 0.00 890,000.00 1.00000000 0.00
1-A-5 0.00 2,000,000.00 1.00000000 0.00
1-A-6 0.00 2,000,000.00 1.00000000 0.00
1-A-7 154,234.11 5,695,765.89 0.97363519 154,234.11
1-A-8 92,540.46 3,417,459.54 0.97363520 92,540.46
1-A-9 19,184.78 13,009,948.22 0.99852755 19,184.78
1-A-10 4,818.00 3,267,272.00 0.99852755 4,818.00
1-A-11 2,158.29 1,463,618.71 0.99852755 2,158.29
1-A-12 553,864.64 3,679,135.36 0.86915553 553,864.64
1-A-13 210,234.72 65,393,765.28 0.99679540 210,234.72
1-A-14 0.00 10,332,000.00 1.00000000 0.00
1-A-15 0.00 13,948,000.00 1.00000000 0.00
1-A-16 0.00 4,229,000.00 1.00000000 0.00
1-A-17 0.00 504,000.00 1.00000000 0.00
1-A-18 0.00 4,467,000.00 1.00000000 0.00
1-A-19 0.00 0.00 0.00000000 0.00
1-A-20 0.00 0.00 0.00000000 0.00
1-A-21 0.00 10,000,000.00 1.00000000 0.00
1-A-22 786,603.52 69,390,396.48 0.98879115 786,603.52
1-A-23 0.00 4,467,000.00 1.00000000 0.00
1-A-24 0.00 4,467,000.00 1.00000000 0.00
1-A-R 50.00 0.00 0.00000000 50.00
1-A-LR 50.00 0.00 0.00000000 50.00
2-A-1 773,835.67 75,369,164.33 0.98983707 773,835.67
30-PO 3,263.44 1,826,260.80 0.99821624 3,263.44
30-IO 0.00 0.00 0.00000000 0.00
15-PO 2,200.66 578,451.99 0.99621002 2,200.66
15-IO 0.00 0.00 0.00000000 0.00
30-B-1 3,662.17 3,450,337.83 0.99893973 3,662.17
30-B-2 1,307.31 1,231,692.69 0.99893973 1,307.31
30-B-3 784.60 739,215.40 0.99893973 784.60
30-B-4 523.77 493,476.23 0.99893974 523.77
30-B-5 392.30 369,607.70 0.99893973 392.30
30-B-6 392.38 369,684.21 0.99893973 392.38
15-B-1 1,891.81 505,108.19 0.99626862 1,891.81
15-B-2 1,309.71 349,690.29 0.99626863 1,309.71
15-B-3 731.35 195,268.65 0.99626862 731.35
15-B-4 291.05 77,708.95 0.99626859 291.05
15-B-5 291.05 77,708.95 0.99626859 291.05
15-B-6 437.44 116,796.71 0.99626866 437.44
Totals 2,793,648.42 321,942,939.21 0.99139719 2,793,648.42
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 6,774,000.00 1000.00000000 3.32534691 23.03945822 0.00000000
1-A-2 2,384,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-3 4,592,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-4 890,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-5 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-6 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-7 5,850,000.00 1000.00000000 3.32534701 23.03945812 0.00000000
1-A-8 3,510,000.00 1000.00000000 3.32534758 23.03945869 0.00000000
1-A-9 13,029,133.00 1000.00000000 0.18571765 1.28673412 0.00000000
1-A-10 3,272,090.00 1000.00000000 0.18571922 1.28673417 0.00000000
1-A-11 1,465,777.00 1000.00000000 0.18571720 1.28673734 0.00000000
1-A-12 4,233,000.00 1000.00000000 17.08127333 118.34652965 (4.58333333)
1-A-13 65,604,000.00 1000.00000000 0.40419090 2.80041126 0.00000000
1-A-14 10,332,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-15 13,948,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-16 4,229,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-17 504,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-18 4,467,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-19 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-20 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-21 10,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-22 70,177,000.00 1000.00000000 1.41375280 9.79509782 0.00000000
1-A-23 4,467,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-24 4,467,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-R 50.00 1000.00000000 126.20000000 873.80000000 0.00000000
1-A-LR 50.00 1000.00000000 126.20000000 873.80000000 0.00000000
2-A-1 76,143,000.00 1000.00000000 3.73137373 6.43155221 0.00000000
30-PO 1,829,524.24 1000.00000000 1.12704164 0.65672265 0.00000000
30-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
15-PO 580,652.65 1000.00000000 3.76562477 0.02435191 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
30-B-1 3,454,000.00 1000.00000000 1.06026925 0.00000000 0.00000000
30-B-2 1,233,000.00 1000.00000000 1.06026764 0.00000000 0.00000000
30-B-3 740,000.00 1000.00000000 1.06027027 0.00000000 0.00000000
30-B-4 494,000.00 1000.00000000 1.06026316 0.00000000 0.00000000
30-B-5 370,000.00 1000.00000000 1.06027027 0.00000000 0.00000000
30-B-6 370,076.59 1000.00000000 1.06026701 0.00000000 0.00000000
15-B-1 507,000.00 1000.00000000 3.73138067 0.00000000 0.00000000
15-B-2 351,000.00 1000.00000000 3.73136752 0.00000000 0.00000000
15-B-3 196,000.00 1000.00000000 3.73137755 0.00000000 0.00000000
15-B-4 78,000.00 1000.00000000 3.73141026 0.00000000 0.00000000
15-B-5 78,000.00 1000.00000000 3.73141026 0.00000000 0.00000000
15-B-6 117,234.15 1000.00000000 3.73133596 0.00000000 0.00000000
<FN>
(2) All Classes are per $1,000 denomination
</FN>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
1-A-1 0.00000000 26.36480514 973.63519486 0.97363519 26.36480514
1-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-7 0.00000000 26.36480513 973.63519487 0.97363519 26.36480513
1-A-8 0.00000000 26.36480342 973.63519658 0.97363520 26.36480342
1-A-9 0.00000000 1.47245254 998.52754746 0.99852755 1.47245254
1-A-10 0.00000000 1.47245339 998.52754661 0.99852755 1.47245339
1-A-11 0.00000000 1.47245454 998.52754546 0.99852755 1.47245454
1-A-12 0.00000000 130.84446964 869.15553036 0.86915553 130.84446964
1-A-13 0.00000000 3.20460216 996.79539784 0.99679540 3.20460216
1-A-14 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-15 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-16 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-17 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-18 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-19 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-20 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-21 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-22 0.00000000 11.20885076 988.79114924 0.98879115 11.20885076
1-A-23 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-24 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-R 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000
1-A-LR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000
2-A-1 0.00000000 10.16292594 989.83707406 0.98983707 10.16292594
30-PO 0.00000000 1.78376429 998.21623571 0.99821624 1.78376429
30-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
15-PO 0.00000000 3.78997668 996.21002332 0.99621002 3.78997668
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
30-B-1 0.00000000 1.06026925 998.93973075 0.99893973 1.06026925
30-B-2 0.00000000 1.06026764 998.93973236 0.99893973 1.06026764
30-B-3 0.00000000 1.06027027 998.93972973 0.99893973 1.06027027
30-B-4 0.00000000 1.06026316 998.93973684 0.99893974 1.06026316
30-B-5 0.00000000 1.06027027 998.93972973 0.99893973 1.06027027
30-B-6 0.00000000 1.06026701 998.93973299 0.99893973 1.06026701
15-B-1 0.00000000 3.73138067 996.26861933 0.99626862 3.73138067
15-B-2 0.00000000 3.73136752 996.26863248 0.99626863 3.73136752
15-B-3 0.00000000 3.73137755 996.26862245 0.99626862 3.73137755
15-B-4 0.00000000 3.73141026 996.26858974 0.99626859 3.73141026
15-B-5 0.00000000 3.73141026 996.26858974 0.99626859 3.73141026
15-B-6 0.00000000 3.73133596 996.26866404 0.99626866 3.73133596
<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 6,774,000.00 5.50000% 6,774,000.00 31,047.50 0.00 0.00
1-A-2 2,384,000.00 5.50000% 2,384,000.00 10,926.67 0.00 0.00
1-A-3 4,592,000.00 5.50000% 4,592,000.00 21,046.67 0.00 0.00
1-A-4 890,000.00 5.50000% 890,000.00 4,079.17 0.00 0.00
1-A-5 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
1-A-6 2,000,000.00 5.50000% 2,000,000.00 9,166.67 0.00 0.00
1-A-7 5,850,000.00 3.70000% 5,850,000.00 18,037.50 0.00 0.00
1-A-8 3,510,000.00 8.50000% 3,510,000.00 24,862.50 0.00 0.00
1-A-9 13,029,133.00 3.01000% 13,029,133.00 32,681.41 0.00 0.00
1-A-10 3,272,090.00 14.29502% 3,272,090.00 38,978.83 0.00 0.00
1-A-11 1,465,777.00 8.00000% 1,465,777.00 9,771.85 0.00 0.00
1-A-12 4,233,000.00 5.50000% 4,233,000.00 19,401.25 0.00 0.00
1-A-13 65,604,000.00 4.75000% 65,604,000.00 259,682.50 0.00 0.00
1-A-14 10,332,000.00 5.25000% 10,332,000.00 45,202.50 0.00 0.00
1-A-15 13,948,000.00 5.50000% 13,948,000.00 63,928.33 0.00 0.00
1-A-16 4,229,000.00 5.50000% 4,229,000.00 19,382.92 0.00 0.00
1-A-17 504,000.00 5.50000% 504,000.00 2,310.00 0.00 0.00
1-A-18 4,467,000.00 5.25000% 4,467,000.00 19,543.13 0.00 0.00
1-A-19 0.00 5.25000% 9,864,000.00 43,155.00 0.00 0.00
1-A-20 0.00 5.50000% 4,253,545.00 19,495.41 0.00 0.00
1-A-21 10,000,000.00 5.25000% 10,000,000.00 43,750.00 0.00 0.00
1-A-22 70,177,000.00 5.25000% 70,177,000.00 307,024.38 0.00 0.00
1-A-23 4,467,000.00 5.25000% 4,467,000.00 19,543.13 0.00 0.00
1-A-24 4,467,000.00 5.25000% 4,467,000.00 19,543.13 0.00 0.00
1-A-R 50.00 5.50000% 50.00 0.23 0.00 0.00
1-A-LR 50.00 5.50000% 50.00 0.23 0.00 0.00
2-A-1 76,143,000.00 5.00000% 76,143,000.00 317,262.50 0.00 0.00
30-PO 1,829,524.24 0.00000% 1,829,524.24 0.00 0.00 0.00
30-IO 0.00 5.50000% 4,256,043.13 19,506.86 0.00 0.00
15-PO 580,652.65 0.00000% 580,652.65 0.00 0.00 0.00
15-IO 0.00 5.00000% 1,561,667.49 6,506.95 0.00 0.00
30-B-1 3,454,000.00 5.50000% 3,454,000.00 15,830.83 0.00 0.00
30-B-2 1,233,000.00 5.50000% 1,233,000.00 5,651.25 0.00 0.00
30-B-3 740,000.00 5.50000% 740,000.00 3,391.67 0.00 0.00
30-B-4 494,000.00 5.50000% 494,000.00 2,264.17 0.00 0.00
30-B-5 370,000.00 5.50000% 370,000.00 1,695.83 0.00 0.00
30-B-6 370,076.59 5.50000% 370,076.59 1,696.18 0.00 0.00
15-B-1 507,000.00 5.00000% 507,000.00 2,112.50 0.00 0.00
15-B-2 351,000.00 5.00000% 351,000.00 1,462.50 0.00 0.00
15-B-3 196,000.00 5.00000% 196,000.00 816.67 0.00 0.00
15-B-4 78,000.00 5.00000% 78,000.00 325.00 0.00 0.00
15-B-5 78,000.00 5.00000% 78,000.00 325.00 0.00 0.00
15-B-6 117,234.15 5.00000% 117,234.15 488.48 0.00 0.00
Totals 324,736,587.63 1,471,063.97 0.00 0.00
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
1-A-1 0.00 0.00 31,047.50 0.00 6,595,404.81
1-A-2 0.00 0.00 10,926.67 0.00 2,384,000.00
1-A-3 0.00 0.00 21,046.67 0.00 4,592,000.00
1-A-4 0.00 0.00 4,079.17 0.00 890,000.00
1-A-5 0.00 0.00 9,166.67 0.00 2,000,000.00
1-A-6 0.00 0.00 9,166.67 0.00 2,000,000.00
1-A-7 0.00 0.00 18,037.50 0.00 5,695,765.89
1-A-8 0.00 0.00 24,862.50 0.00 3,417,459.54
1-A-9 0.00 0.00 32,681.41 0.00 13,009,948.22
1-A-10 0.00 0.00 38,978.83 0.00 3,267,272.00
1-A-11 0.00 0.00 9,771.85 0.00 1,463,618.71
1-A-12 0.00 0.00 19,401.25 0.00 3,679,135.36
1-A-13 0.00 0.00 259,682.50 0.00 65,393,765.28
1-A-14 0.00 0.00 45,202.50 0.00 10,332,000.00
1-A-15 0.00 0.00 63,928.33 0.00 13,948,000.00
1-A-16 0.00 0.00 19,382.92 0.00 4,229,000.00
1-A-17 0.00 0.00 2,310.00 0.00 504,000.00
1-A-18 0.00 0.00 19,543.13 0.00 4,467,000.00
1-A-19 0.00 0.00 43,155.00 0.00 9,833,966.47
1-A-20 0.00 0.00 19,495.41 0.00 4,217,790.75
1-A-21 0.00 0.00 43,750.00 0.00 10,000,000.00
1-A-22 0.00 0.00 307,024.38 0.00 69,390,396.48
1-A-23 0.00 0.00 19,543.13 0.00 4,467,000.00
1-A-24 0.00 0.00 19,543.12 0.00 4,467,000.00
1-A-R 0.00 0.00 0.23 0.00 0.00
1-A-LR 0.00 0.00 0.46 0.00 0.00
2-A-1 0.00 0.00 317,262.50 0.00 75,369,164.33
30-PO 0.00 0.00 0.00 0.00 1,826,260.80
30-IO 0.00 0.00 19,506.86 0.00 4,226,819.76
15-PO 0.00 0.00 0.00 0.00 578,451.99
15-IO 0.00 0.00 6,506.95 0.00 1,520,749.63
30-B-1 0.00 0.00 15,830.83 0.00 3,450,337.83
30-B-2 0.00 0.00 5,651.25 0.00 1,231,692.69
30-B-3 0.00 0.00 3,391.67 0.00 739,215.40
30-B-4 0.00 0.00 2,264.17 0.00 493,476.23
30-B-5 0.00 0.00 1,695.83 0.00 369,607.70
30-B-6 0.00 0.00 1,696.18 0.00 369,684.21
15-B-1 0.00 0.00 2,112.50 0.00 505,108.19
15-B-2 0.00 0.00 1,462.50 0.00 349,690.29
15-B-3 0.00 0.00 816.67 0.00 195,268.65
15-B-4 0.00 0.00 325.00 0.00 77,708.95
15-B-5 0.00 0.00 325.00 0.00 77,708.95
15-B-6 0.00 0.00 488.48 0.00 116,796.71
Totals 0.00 0.00 1,471,064.19 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 6,774,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-2 2,384,000.00 5.50000% 1000.00000000 4.58333473 0.00000000 0.00000000
1-A-3 4,592,000.00 5.50000% 1000.00000000 4.58333406 0.00000000 0.00000000
1-A-4 890,000.00 5.50000% 1000.00000000 4.58333708 0.00000000 0.00000000
1-A-5 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
1-A-6 2,000,000.00 5.50000% 1000.00000000 4.58333500 0.00000000 0.00000000
1-A-7 5,850,000.00 3.70000% 1000.00000000 3.08333333 0.00000000 0.00000000
1-A-8 3,510,000.00 8.50000% 1000.00000000 7.08333333 0.00000000 0.00000000
1-A-9 13,029,133.00 3.01000% 1000.00000000 2.50833344 0.00000000 0.00000000
1-A-10 3,272,090.00 14.29502% 1000.00000000 11.91251769 0.00000000 0.00000000
1-A-11 1,465,777.00 8.00000% 1000.00000000 6.66666894 0.00000000 0.00000000
1-A-12 4,233,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-13 65,604,000.00 4.75000% 1000.00000000 3.95833333 0.00000000 0.00000000
1-A-14 10,332,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000
1-A-15 13,948,000.00 5.50000% 1000.00000000 4.58333309 0.00000000 0.00000000
1-A-16 4,229,000.00 5.50000% 1000.00000000 4.58333412 0.00000000 0.00000000
1-A-17 504,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-18 4,467,000.00 5.25000% 1000.00000000 4.37500112 0.00000000 0.00000000
1-A-19 0.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000
1-A-20 0.00 5.50000% 1000.00000000 4.58333226 0.00000000 0.00000000
1-A-21 10,000,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000
1-A-22 70,177,000.00 5.25000% 1000.00000000 4.37500007 0.00000000 0.00000000
1-A-23 4,467,000.00 5.25000% 1000.00000000 4.37500112 0.00000000 0.00000000
1-A-24 4,467,000.00 5.25000% 1000.00000000 4.37500112 0.00000000 0.00000000
1-A-R 50.00 5.50000% 1000.00000000 4.60000000 0.00000000 0.00000000
1-A-LR 50.00 5.50000% 1000.00000000 4.60000000 0.00000000 0.00000000
2-A-1 76,143,000.00 5.00000% 1000.00000000 4.16666667 0.00000000 0.00000000
30-PO 1,829,524.24 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
30-IO 0.00 5.50000% 1000.00000000 4.58333231 0.00000000 0.00000000
15-PO 580,652.65 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
15-IO 0.00 5.00000% 1000.00000000 4.16666803 0.00000000 0.00000000
30-B-1 3,454,000.00 5.50000% 1000.00000000 4.58333237 0.00000000 0.00000000
30-B-2 1,233,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
30-B-3 740,000.00 5.50000% 1000.00000000 4.58333784 0.00000000 0.00000000
30-B-4 494,000.00 5.50000% 1000.00000000 4.58334008 0.00000000 0.00000000
30-B-5 370,000.00 5.50000% 1000.00000000 4.58332432 0.00000000 0.00000000
30-B-6 370,076.59 5.50000% 1000.00000000 4.58332152 0.00000000 0.00000000
15-B-1 507,000.00 5.00000% 1000.00000000 4.16666667 0.00000000 0.00000000
15-B-2 351,000.00 5.00000% 1000.00000000 4.16666667 0.00000000 0.00000000
15-B-3 196,000.00 5.00000% 1000.00000000 4.16668367 0.00000000 0.00000000
15-B-4 78,000.00 5.00000% 1000.00000000 4.16666667 0.00000000 0.00000000
15-B-5 78,000.00 5.00000% 1000.00000000 4.16666667 0.00000000 0.00000000
15-B-6 117,234.15 5.00000% 1000.00000000 4.16670399 0.00000000 0.00000000
<FN>
(5) All Classes are per $1,000 denomination.
</FN>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
1-A-1 0.00000000 0.00000000 4.58333333 0.00000000 973.63519486
1-A-2 0.00000000 0.00000000 4.58333473 0.00000000 1000.00000000
1-A-3 0.00000000 0.00000000 4.58333406 0.00000000 1000.00000000
1-A-4 0.00000000 0.00000000 4.58333708 0.00000000 1000.00000000
1-A-5 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
1-A-6 0.00000000 0.00000000 4.58333500 0.00000000 1000.00000000
1-A-7 0.00000000 0.00000000 3.08333333 0.00000000 973.63519487
1-A-8 0.00000000 0.00000000 7.08333333 0.00000000 973.63519658
1-A-9 0.00000000 0.00000000 2.50833344 0.00000000 998.52754746
1-A-10 0.00000000 0.00000000 11.91251769 0.00000000 998.52754661
1-A-11 0.00000000 0.00000000 6.66666894 0.00000000 998.52754546
1-A-12 0.00000000 0.00000000 4.58333333 0.00000000 869.15553036
1-A-13 0.00000000 0.00000000 3.95833333 0.00000000 996.79539784
1-A-14 0.00000000 0.00000000 4.37500000 0.00000000 1000.00000000
1-A-15 0.00000000 0.00000000 4.58333309 0.00000000 1000.00000000
1-A-16 0.00000000 0.00000000 4.58333412 0.00000000 1000.00000000
1-A-17 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-18 0.00000000 0.00000000 4.37500112 0.00000000 1000.00000000
1-A-19 0.00000000 0.00000000 4.37500000 0.00000000 996.95523824
1-A-20 0.00000000 0.00000000 4.58333226 0.00000000 991.59424668
1-A-21 0.00000000 0.00000000 4.37500000 0.00000000 1000.00000000
1-A-22 0.00000000 0.00000000 4.37500007 0.00000000 988.79114924
1-A-23 0.00000000 0.00000000 4.37500112 0.00000000 1000.00000000
1-A-24 0.00000000 0.00000000 4.37499888 0.00000000 1000.00000000
1-A-R 0.00000000 0.00000000 4.60000000 0.00000000 0.00000000
1-A-LR 0.00000000 0.00000000 9.20000000 0.00000000 0.00000000
2-A-1 0.00000000 0.00000000 4.16666667 0.00000000 989.83707406
30-PO 0.00000000 0.00000000 0.00000000 0.00000000 998.21623571
30-IO 0.00000000 0.00000000 4.58333231 0.00000000 993.13367626
15-PO 0.00000000 0.00000000 0.00000000 0.00000000 996.21002332
15-IO 0.00000000 0.00000000 4.16666803 0.00000000 973.79860933
30-B-1 0.00000000 0.00000000 4.58333237 0.00000000 998.93973075
30-B-2 0.00000000 0.00000000 4.58333333 0.00000000 998.93973236
30-B-3 0.00000000 0.00000000 4.58333784 0.00000000 998.93972973
30-B-4 0.00000000 0.00000000 4.58334008 0.00000000 998.93973684
30-B-5 0.00000000 0.00000000 4.58332432 0.00000000 998.93972973
30-B-6 0.00000000 0.00000000 4.58332152 0.00000000 998.93973299
15-B-1 0.00000000 0.00000000 4.16666667 0.00000000 996.26861933
15-B-2 0.00000000 0.00000000 4.16666667 0.00000000 996.26863248
15-B-3 0.00000000 0.00000000 4.16668367 0.00000000 996.26862245
15-B-4 0.00000000 0.00000000 4.16666667 0.00000000 996.26858974
15-B-5 0.00000000 0.00000000 4.16666667 0.00000000 996.26858974
15-B-6 0.00000000 0.00000000 4.16670399 0.00000000 996.26866404
<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>
X-PO-1 0.00000% 0.00 0.00 1,829,524.24 1,826,260.80 99.82162357%
X-PO-2 0.00000% 0.00 0.00 580,652.65 578,451.99 99.62100233%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 4,334,395.67
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 4,334,395.67
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 69,683.06
Payment of Interest and Principal 4,264,712.61
Total Withdrawals (Pool Distribution Amount) 4,334,395.67
Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<s> <c>
Total Prepayment/Curtailment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES
<s> <c>
Gross Servicing Fee 67,653.45
Trustee Fee 2,029.61
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 69,683.06
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 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
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 0.000000% 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%
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 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>
2 - 15 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 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%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 0.00
COLLATERAL STATEMENT
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 5.693527%
Weighted Average Net Coupon 5.443527%
Weighted Average Pass-Through Rate 5.436027%
Weighted Average Maturity(Stepdown Calculation ) 266
Beginning Scheduled Collateral Loan Count 635
Number Of Loans Paid In Full 3
Ending Scheduled Collateral Loan Count 632
Beginning Scheduled Collateral Balance 324,736,587.63
Ending Scheduled Collateral Balance 321,942,939.23
Ending Actual Collateral Balance at 31-Jan-2005 322,351,175.11
Monthly P &I Constant 2,093,679.43
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Scheduled Principal 552,932.27
Unscheduled Principal 2,240,716.13
Miscellaneous Reporting
Senior % 97.521670%
Subordinate % 2.478330%
Group Level Collateral Statement
Group 1 - 30 Year Fixed 2 - 15 Year Fixed Total
Collateral Description Fixed 30 Year Fixed 15 Year Mixed Fixed
Weighted Average Coupon Rate 5.811601 5.320345 5.693527
Weighted Average Net Rate 5.561601 5.070345 5.443527
Weighted Average Maturity 356 177 266
Beginning Loan Count 498 137 635
Loans Paid In Full 2 1 3
Ending Loan Count 496 136 632
Beginning Scheduled Balance 246,685,700.83 78,050,886.80 324,736,587.63
Ending scheduled Balance 244,673,041.17 77,269,898.06 321,942,939.23
Record Date 01/31/2005 01/31/2005 01/31/2005
Principal And Interest Constant 1,456,374.46 637,304.97 2,093,679.43
Scheduled Principal 261,675.35 291,256.92 552,932.27
Unscheduled Principal 1,750,984.31 489,731.82 2,240,716.13
Scheduled Interest 1,194,699.11 346,048.05 1,540,747.16
Servicing Fees 51,392.85 16,260.60 67,653.45
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,541.79 487.82 2,029.61
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00
Spread Fee 1 0.00 0.00 0.00
Spread Fee 2 0.00 0.00 0.00
Spread Fee 3 0.00 0.00 0.00
Net Interest 1,141,764.47 329,299.63 1,471,064.10
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 5.554101 5.062845 5.436027
Miscellaneous Reporting
Group 1 - 30 Year Fixed
CPR 8.201229%
Subordinate % 2.720404%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.279596%
Group 2 - 15 Year Fixed
CPR 7.301255%
Subordinate % 1.713218%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 98.286782%