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: March 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 March 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
March 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: March 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 March 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: March 15, 2005
Record Date: February 28, 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% 226,000,000.00 210,069,798.48 1,260,027.07 522,723.68
A-2 929766GS6 3.989000% 439,721,000.00 439,721,000.00 0.00 1,461,705.89
A1-A 929766GZ0 3.812000% 301,015,000.00 295,099,145.22 431,565.13 937,431.62
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 16,128.24
P 929766HZ9 4.298000% 24,018,922.87 24,018,922.87 0.00 81,060.12
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 1,179,068,866.57 1,691,592.20 3,766,212.71
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 1,782,750.75 208,809,771.41 19.89%
A-2 929766GS6 0.00 0.00 1,461,705.89 439,721,000.00 19.89%
A1-A 929766GZ0 0.00 0.00 1,368,996.75 294,667,580.09 19.89%
B 929766GT4 0.00 0.00 138,717.35 40,531,000.00 16.45%
C 929766GU1 0.00 0.00 51,775.44 15,011,000.00 15.17%
D 929766HB2 0.00 0.00 109,493.36 31,524,000.00 12.49%
E 929766HD8 0.00 0.00 37,023.19 10,508,000.00 11.60%
F 929766HF3 0.00 0.00 62,405.38 16,513,000.00 10.20%
G 929766HH9 0.00 0.00 75,360.43 19,515,000.00 8.54%
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 16,128.24 4,503,000.00 2.04%
P 929766HZ9 0.00 0.00 81,060.12 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 5,457,804.91 1,177,377,274.37
Class CUSIP Pass-Through Original Beginning Interest
Rate Notional Notional Distribution
Amount Amount
<s> <c> <c> <c> <c> <c>
XC 929766GV9 0.167324% 1,200,914,922.87 1,179,068,866.57 164,405.14
XP 929766GX5 1.700773% 1,154,968,000.00 1,091,346,000.00 1,546,776.32
Class CUSIP Prepayment Total Ending
Penalties Distribution Notional
Amount
<s> <c> <c> <c> <c>
XC 929766GV9 0.00 164,405.14 1,177,377,274.37
XP 929766GX5 0.00 1,546,776.32 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 929.51238265 5.57534102 2.31293664 0.00000000 0.00000000 923.93704164
A-2 929766GS6 1,000.00000000 0.00000000 3.32416666 0.00000000 0.00000000 1,000.00000000
A1-A 929766GZ0 980.34697680 1.43369975 3.11423557 0.00000000 0.00000000 978.91327705
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 3.58166556 0.00000000 0.00000000 1,000.00000000
P 929766HZ9 1,000.00000000 0.00000000 3.37484409 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 981.80882269 0.13689991 0.00000000 980.40023648
XP 929766GX5 944.91449114 1.33923738 0.00000000 944.91449114
Reconciliation Detail
Advance Summary
<s> <c>
P & I Advances Outstanding 4,070,045.31
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 45,718.96
Less Delinquent Servicing Fees 21,848.95
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 18,847.18
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 42,717.19
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-1 522,723.68 0.00 0.00 522,723.68 0.00
A-2 1,461,705.89 0.00 0.00 1,461,705.89 0.00
A1-A 937,431.62 0.00 0.00 937,431.62 0.00
XC 164,405.14 0.00 0.00 164,405.14 0.00
XP 1,546,776.32 0.00 0.00 1,546,776.32 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 5,482,361.84 0.00 0.00 5,482,361.84 0.00
Class Additional Interest Remaining Unpaid
Trust Fund Distribution Distributable
Expenses Certificate Interest
<s> <c> <c> <c>
A-1 0.00 522,723.68 0.00
A-2 0.00 1,461,705.89 0.00
A1-A 0.00 937,431.62 0.00
XC 0.00 164,405.14 0.00
XP 0.00 1,546,776.32 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 16,128.24 0.00
P 4,967.66 81,060.12 12,110.04
Total 4,967.66 5,477,394.17 12,110.04
Other Required Information
<s> <c>
Available Distribution Amount (1) 7,168,986.37
Aggregate Number of Outstanding Loans 152
Aggregate Stated Principal Balance of Loans Before Distribution 1,179,068,866.57
Aggregate Stated Principal Balance of Loans After Distribution 1,177,377,274.37
Aggregate Unpaid Principal Balance of Loans 1,178,407,993.69
Aggregate Amount of Servicing Fee 42,717.19
Aggregate Amount of Special Servicing Fee 4,967.66
Aggregate Amount of Trustee Fee 2,063.37
Aggregate Trust Fund Expenses 0.00
Interest Reserve Deposit 0.00
Interest Reserve Withdrawal 357,924.60
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 5,172,219.47
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 357,924.60
Total Interest Collected 5,530,144.07
Principal:
Scheduled Principal 1,691,592.20
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 1,691,592.20
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 7,221,736.27
Total Funds Distributed
Fees:
Master Servicing Fee 45,718.96
Trustee Fee 2,063.37
Certificate Administration Fee 0.00
Insurer Fee 0.00
Miscellaneous Fee 0.00
Total Fees 47,782.33
Additional Trust Fund Expenses:
Reimbursement for Interest on Advances 0.00
ASER Amount 0.00
Special Servicing Fee 4,967.66
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 4,967.66
Interest Reserve Deposit 0.00
Payments to Certificateholders & Others:
Interest Distribution 5,477,394.17
Principal Distribution 1,691,592.20
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 7,168,986.37
Total Funds Distributed 7,221,736.36
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 42,004,541.58 3.57 106 6.0289 1.471437
2,000,001 to 3,000,000 16 39,737,780.97 3.38 113 6.0776 1.508503
3,000,001 to 4,000,000 19 66,658,054.73 5.66 111 5.7779 1.484337
4,000,001 to 5,000,000 12 53,442,052.33 4.54 110 5.7137 1.463298
5,000,001 to 6,000,000 11 60,949,613.17 5.18 96 5.6489 1.674314
6,000,001 to 7,000,000 14 91,412,581.45 7.76 96 5.6626 1.422958
7,000,001 to 8,000,000 8 58,443,678.79 4.96 90 5.5695 1.494775
8,000,001 to 9,000,000 3 25,483,643.50 2.16 70 5.3430 1.283822
9,000,001 to 10,000,000 3 28,519,628.74 2.42 99 5.5818 1.625779
10,000,001 to 15,000,000 18 228,058,472.66 19.37 86 5.5430 1.427379
15,000,001 to 20,000,000 10 165,462,502.62 14.05 93 5.7363 1.353322
20,000,001 to 25,000,000 4 88,696,275.91 7.53 96 5.6531 1.425232
25,000,001 to 30,000,000 3 81,126,027.10 6.89 86 5.0120 1.905328
30,000,001 to 35,000,000 1 34,935,851.63 2.97 95 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 44,056,565.83 3.74 98 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 68,390,003.36 5.81 99 5.4200 3.460000
Totals 152 1,177,377,274.37 100.00 95 5.6277 1.605794
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 8,666,564.86 0.74 49 5.4500 1.550000
Arizona 7 55,302,081.04 4.70 84 5.3835 1.440308
California 21 162,208,258.03 13.78 86 5.6199 1.447678
Colorado 8 56,236,908.28 4.78 95 5.6048 1.468817
Connecticut 1 7,260,533.32 0.62 95 5.8900 1.110000
Delaware 2 19,140,324.46 1.63 98 5.4419 1.179214
Florida 22 123,471,350.85 10.49 94 5.5845 1.446015
Georgia 5 17,423,867.29 1.48 111 5.7359 1.369143
Illinois 6 36,177,027.61 3.07 98 5.6194 1.621352
Iowa 1 7,726,473.01 0.66 98 5.8600 1.530000
Kansas 1 20,201,099.77 1.72 93 5.6400 1.380000
Maryland 4 23,134,967.83 1.96 111 6.1956 1.452152
Massachusetts 2 32,118,632.08 2.73 96 5.9078 1.379435
Michigan 2 11,196,973.01 0.95 98 5.7817 0.831812
Minnesota 1 1,445,398.84 0.12 158 5.5000 1.370000
Missouri 1 2,107,019.02 0.18 97 5.5700 1.270000
Nebraska 1 3,704,567.88 0.31 97 6.0000 1.390000
Nevada 5 35,285,074.71 3.00 106 5.6692 1.429352
New Jersey 1 2,131,831.37 0.18 99 5.8600 1.310000
New Mexico 1 3,212,101.67 0.27 97 5.1600 1.620000
New York 9 108,018,052.91 9.17 99 5.8376 1.665615
North Carolina 7 48,523,904.40 4.12 109 5.6248 1.441236
North Dakota 2 12,626,874.19 1.07 98 5.2417 1.423115
Oregon 3 91,242,900.91 7.75 96 5.4868 2.967591
Pennsylvania 4 59,667,679.34 5.07 98 5.9417 1.396188
South Carolina 3 29,024,833.89 2.47 70 4.3707 2.987184
Tennessee 1 4,293,172.65 0.36 97 5.6200 1.800000
Texas 16 68,249,674.11 5.80 99 5.7532 1.405622
Virginia 7 29,003,816.54 2.46 98 5.7448 1.360693
Washington 3 19,367,263.84 1.64 89 5.6535 1.511885
Washington,DC 4 64,545,199.67 5.48 98 5.5396 1.435009
Wisconsin 2 14,662,846.99 1.25 98 5.7500 1.340000
Totals 154 1,177,377,274.37 100.00 95 5.6277 1.605794
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 42,952,546.71 3.65 128 6.0082 0.785909
1.05 to 1.09 1 5,868,471.48 0.50 99 5.5800 1.090000
1.10 to 1.14 9 53,354,079.06 4.53 97 5.7247 1.114265
1.15 to 1.19 2 27,638,904.45 2.35 84 5.3441 1.150000
1.20 to 1.24 9 97,205,027.35 8.26 90 5.5760 1.227464
1.25 to 1.29 8 59,770,716.56 5.08 97 5.7103 1.284945
1.30 to 1.34 14 120,308,511.01 10.22 97 5.8596 1.312702
1.35 to 1.39 11 87,985,665.57 7.47 99 5.6489 1.371547
1.40 to 1.44 7 72,361,069.91 6.15 98 5.5353 1.410922
1.45 to 1.49 14 90,057,250.35 7.65 100 5.8230 1.472530
1.50 to 1.54 15 120,982,226.25 10.28 93 5.5672 1.524150
1.55 to 1.59 10 68,158,225.97 5.79 79 5.6954 1.567680
1.60 to 1.64 4 19,141,002.67 1.63 99 5.7467 1.603356
1.65 to 1.69 4 44,168,697.30 3.75 88 5.6521 1.672191
1.70 to 1.74 1 6,338,345.52 0.54 95 6.0000 1.700000
1.75 to 1.79 5 43,640,418.03 3.71 87 5.5094 1.769557
1.80 to 1.84 4 10,471,541.27 0.89 98 5.5921 1.805831
1.85 to 1.89 4 12,701,626.29 1.08 98 5.7429 1.861763
1.90 to 1.99 11 73,868,063.17 6.27 96 5.6321 1.960683
2.00 to 2.19 4 11,512,607.92 0.98 105 5.9515 2.154129
2.20 to 2.29 2 7,766,206.28 0.66 98 5.0995 2.265051
2.30 or greater 3 101,126,071.25 8.59 90 5.1051 3.324887
Totals 152 1,177,377,274.37 100.00 95 5.6277 1.605794
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 38,814,717.09 3.30 92 5.9864 1.435798
Lodging 1 10,022,537.86 0.85 99 5.7300 1.460000
Mixed Use 3 25,338,003.81 2.15 70 5.5588 1.429558
Mobile Home Park 9 27,042,015.05 2.30 93 5.4504 1.654320
Multi-Family 42 323,145,114.16 27.45 97 5.4783 1.344339
Office 28 331,547,313.85 28.16 91 5.7478 1.567354
Retail 59 396,671,719.81 33.69 98 5.6117 1.888240
Self Storage 6 24,795,852.74 2.11 98 5.8854 1.460917
Totals 154 1,177,377,274.37 100.00 95 5.6277 1.605794
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 15 150,341,043.40 12.77 79 4.9418 1.691985
5.250% to 5.499% 28 275,188,447.88 23.37 95 5.4132 1.953552
5.500% to 5.749% 42 358,259,639.38 30.43 92 5.6175 1.494084
5.750% to 5.999% 38 241,999,573.60 20.55 99 5.8541 1.465166
6.000% to 6.249% 15 96,245,521.50 8.17 99 6.0859 1.390041
6.250% to 6.499% 5 27,860,388.92 2.37 110 6.3481 1.427357
6.500% to 6.749% 1 6,300,439.93 0.54 97 6.5000 1.330000
6.750% to 6.999% 3 7,092,153.10 0.60 186 6.8832 1.025314
7.000% to 7.249% 1 5,340,012.40 0.45 81 7.1500 1.570000
7.250% to 7.499% 1 2,988,001.08 0.25 167 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 2,958,922.47 0.25 161 8.6250 1.789932
8.750% to 9.249% 0 0.00 0.00 0 0.0000 0.000000
9.250% or greater 1 2,803,130.71 0.24 258 9.3100 1.040000
Totals 152 1,177,377,274.37 100.00 95 5.6277 1.605794
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 125 960,365,534.57 81.57 95 5.5548 1.624124
25 to 36 months 21 199,033,869.15 16.90 86 5.8056 1.552855
37 to 48 months 2 6,710,254.06 0.57 101 7.4512 1.555706
49 months and greater 4 11,267,616.59 0.96 212 7.6155 1.008462
Totals 152 1,177,377,274.37 100.00 95 5.6277 1.605794
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 31,688,356.32 2.69 39 5.5011 1.531232
61 to 84 months 12 151,795,897.02 12.89 71 5.2053 1.761332
85 to 108 months 122 962,548,506.79 81.75 97 5.6628 1.592732
109 to 120 months 0 0.00 0.00 0 0.0000 0.000000
121 to 156 months 1 1,588,680.81 0.13 147 8.6250 2.040000
157 to 168 months 1 2,988,001.08 0.25 167 7.3500 1.010000
169 to 180 months 1 1,370,241.66 0.12 177 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 2,803,130.71 0.24 258 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 1,154,782,814.39 98.08 93 5.6190 1.610863
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 2 967,822.98 0.08 97 5.9100 1.547709
121 to 192 months 3 7,990,872.13 0.68 175 5.7441 1.379562
193 to 264 months 4 13,635,764.87 1.16 222 6.2763 1.313256
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 22,594,459.98 1.92 200 6.0724 1.346749
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 63 4.0400 3.170000
120 months or less 3 3,630,358.38 0.31 97 5.9100 1.162590
121 to 192 months 0 0.00 0.00 0 0.0000 0.000000
193 to 264 months 7 17,610,230.05 1.50 109 6.0253 1.340118
265 to 336 months 65 453,479,215.83 38.52 91 5.7395 1.482904
337 months or greater 67 654,163,010.13 55.56 94 5.5855 1.647612
Totals 143 1,154,782,814.39 98.08 93 5.6190 1.610863
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 29,246,238.89 2.48 84 5.6701 1.383455
1 year or less 116 977,829,709.03 83.05 93 5.6106 1.645888
1 to 2 years 32 170,301,326.45 14.46 105 5.7188 1.413767
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 152 1,177,377,274.37 100.00 95 5.6277 1.605794
<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 27,638,848.50 2.35 101 6.0096 1.402930
2,000,001 to 3,000,000 11 26,306,678.23 2.23 115 5.9253 1.575562
3,000,001 to 4,000,000 13 45,589,933.96 3.87 117 5.9552 1.551039
4,000,001 to 5,000,000 9 39,344,543.23 3.34 108 5.8502 1.502711
5,000,001 to 6,000,000 8 44,855,202.49 3.81 96 5.7569 1.804755
6,000,001 to 7,000,000 8 52,674,748.32 4.47 96 5.9112 1.561642
7,000,001 to 8,000,000 5 37,280,309.13 3.17 85 5.6847 1.461306
8,000,001 to 9,000,000 2 16,733,643.50 1.42 73 5.5223 1.149867
9,000,001 to 10,000,000 2 19,343,418.26 1.64 99 5.5495 1.685447
10,000,001 to 15,000,000 13 162,456,941.27 13.80 84 5.5974 1.465932
15,000,001 to 20,000,000 10 165,462,502.62 14.05 93 5.7363 1.353322
20,000,001 to 25,000,000 2 44,739,936.36 3.80 98 5.7668 1.544007
25,000,001 to 30,000,000 2 52,900,000.00 4.49 80 4.9383 2.169622
30,000,001 to 35,000,000 1 34,935,851.63 2.97 95 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 44,056,565.83 3.74 98 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 68,390,003.36 5.81 99 5.4200 3.460000
Totals 107 882,709,126.69 74.97 94 5.6862 1.685997
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 8,666,564.86 0.74 49 5.4500 1.550000
Arizona 3 13,835,197.78 1.18 64 5.5221 1.584881
California 14 134,107,899.66 11.39 85 5.6682 1.422330
Colorado 8 56,236,908.28 4.78 95 5.6048 1.468817
Connecticut 1 7,260,533.32 0.62 95 5.8900 1.110000
Florida 15 78,152,458.04 6.64 93 5.7693 1.638419
Georgia 4 16,047,906.79 1.36 113 5.7304 1.377643
Illinois 6 36,177,027.61 3.07 98 5.6194 1.621352
Iowa 1 7,726,473.01 0.66 98 5.8600 1.530000
Maryland 2 18,410,150.62 1.56 90 5.8201 1.519306
Massachusetts 2 32,118,632.08 2.73 96 5.9078 1.379435
Michigan 2 11,196,973.01 0.95 98 5.7817 0.831812
Missouri 1 2,107,019.02 0.18 97 5.5700 1.270000
Nebraska 1 3,704,567.88 0.31 97 6.0000 1.390000
Nevada 4 28,267,870.38 2.40 108 5.7360 1.441603
New Jersey 1 2,131,831.37 0.18 99 5.8600 1.310000
New York 8 98,841,842.43 8.40 99 5.8550 1.680990
North Carolina 4 28,625,182.78 2.43 114 5.6172 1.388917
Oregon 3 91,242,900.91 7.75 96 5.4868 2.967591
Pennsylvania 3 52,596,387.66 4.47 98 6.0280 1.317698
South Carolina 2 27,654,592.23 2.35 65 4.1599 3.060872
Tennessee 1 4,293,172.65 0.36 97 5.6200 1.800000
Texas 11 32,085,524.86 2.73 110 5.9958 1.565935
Virginia 5 24,454,256.08 2.08 99 5.7292 1.393447
Washington 2 17,706,920.32 1.50 88 5.6820 1.528003
Washington,DC 2 34,397,486.07 2.92 98 5.8755 1.410000
Wisconsin 2 14,662,846.99 1.25 98 5.7500 1.340000
Totals 109 882,709,126.69 74.97 94 5.6862 1.685997
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 18,060,944.66 1.53 145 6.3366 0.862998
1.05 to 1.09 1 5,868,471.48 0.50 99 5.5800 1.090000
1.10 to 1.14 7 36,459,466.73 3.10 97 5.8184 1.106154
1.15 to 1.19 1 15,927,372.10 1.35 99 5.4500 1.150000
1.20 to 1.24 7 68,729,863.42 5.84 89 5.6557 1.225018
1.25 to 1.29 6 56,832,624.37 4.83 97 5.7139 1.285718
1.30 to 1.34 8 86,547,297.43 7.35 98 6.0055 1.311330
1.35 to 1.39 7 56,558,259.23 4.80 102 5.6915 1.367595
1.40 to 1.44 4 38,314,383.81 3.25 98 5.8930 1.409706
1.45 to 1.49 12 81,454,536.56 6.92 102 5.8587 1.472242
1.50 to 1.54 8 62,458,293.84 5.30 84 5.6559 1.528056
1.55 to 1.59 7 49,728,138.20 4.22 73 5.8478 1.568293
1.60 to 1.64 3 15,928,901.00 1.35 99 5.8650 1.600000
1.65 to 1.69 2 37,128,665.12 3.15 86 5.6638 1.669763
1.70 to 1.74 1 6,338,345.52 0.54 95 6.0000 1.700000
1.75 to 1.79 5 43,640,418.03 3.71 87 5.5094 1.769557
1.80 to 1.84 3 8,951,978.21 0.76 97 5.6434 1.803426
1.85 to 1.89 4 12,701,626.29 1.08 98 5.7429 1.861763
1.90 to 1.99 9 64,185,022.55 5.45 96 5.6826 1.960210
2.00 to 2.19 3 9,923,927.11 0.84 98 5.5236 2.172400
2.20 to 2.29 1 5,844,519.78 0.50 98 5.0500 2.270000
2.30 or greater 3 101,126,071.25 8.59 90 5.1051 3.324887
Totals 107 882,709,126.69 74.97 94 5.6862 1.685997
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 38,814,717.09 3.30 92 5.9864 1.435798
Lodging 1 10,022,537.86 0.85 99 5.7300 1.460000
Mixed Use 3 25,338,003.81 2.15 70 5.5588 1.429558
Mobile Home Park 2 4,043,583.74 0.34 98 5.6531 1.665873
Multi-Family 4 51,475,397.79 4.37 97 5.5979 1.360575
Office 28 331,547,313.85 28.16 91 5.7478 1.567354
Retail 59 396,671,719.81 33.69 98 5.6117 1.888240
Self Storage 6 24,795,852.74 2.11 98 5.8854 1.460917
Totals 109 882,709,126.69 74.97 94 5.6862 1.685997
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 71,098,256.60 6.04 70 4.7457 2.162998
5.250% to 5.499% 10 153,474,395.96 13.04 91 5.4219 2.365007
5.500% to 5.749% 29 274,673,772.87 23.33 91 5.6301 1.534440
5.750% to 5.999% 37 240,623,613.10 20.44 99 5.8544 1.466282
6.000% to 6.249% 14 93,258,092.73 7.92 100 6.0887 1.398051
6.250% to 6.499% 5 27,860,388.92 2.37 110 6.3481 1.427357
6.500% to 6.749% 1 6,300,439.93 0.54 97 6.5000 1.330000
6.750% to 6.999% 3 7,092,153.10 0.60 186 6.8832 1.025314
7.000% to 7.249% 1 5,340,012.40 0.45 81 7.1500 1.570000
7.250% to 7.499% 1 2,988,001.08 0.25 167 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 107 882,709,126.69 74.97 94 5.6862 1.685997
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 84 691,660,539.84 58.75 95 5.6292 1.725502
25 to 36 months 19 177,244,088.57 15.05 85 5.7992 1.568190
37 to 48 months 1 5,340,012.40 0.45 81 7.1500 1.570000
49 to 60 months 0 0.00 0.00 0 0.0000 0.000000
61 to 72 months 3 8,464,485.88 0.72 197 7.0543 0.998017
73 months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 107 882,709,126.69 74.97 94 5.6862 1.685997
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 26,659,562.00 2.26 40 5.4961 1.551450
61 to 84 months 9 126,614,440.52 10.75 73 5.2257 1.854100
85 to 108 months 87 710,288,061.95 60.33 97 5.7542 1.672838
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 2,988,001.08 0.25 167 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 100 866,550,065.55 73.60 92 5.6746 1.693302
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 2 967,822.98 0.08 97 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 15,191,238.16 1.29 217 6.3350 1.278109
Totals 7 16,159,061.14 1.37 209 6.3096 1.294256
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 63 4.0400 3.170000
174 months or less 3 3,630,358.38 0.31 97 5.9100 1.162590
175 to 199 months 0 0.00 0.00 0 0.0000 0.000000
200 to 224 months 4 10,168,877.24 0.86 117 6.5112 1.119511
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 85,796,879.11 7.29 95 5.7978 1.663370
300 to 324 months 3 28,194,689.73 2.39 86 5.9725 1.650866
325 months or greater 76 712,859,261.09 60.55 93 5.6942 1.655819
Totals 100 866,550,065.55 73.60 92 5.6746 1.693302
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 4,016,344.80 0.34 99 6.0000 1.350000
1 year or less 84 761,017,173.01 64.64 92 5.6580 1.733342
1 to 2 years 22 117,675,608.88 9.99 111 5.8577 1.391284
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 107 882,709,126.69 74.97 94 5.6862 1.685997
<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 14,365,693.08 1.22 117 6.0660 1.603242
2,000,001 to 3,000,000 5 13,431,102.74 1.14 109 6.3758 1.377157
3,000,001 to 4,000,000 6 21,068,120.77 1.79 98 5.3943 1.340000
4,000,001 to 5,000,000 3 14,097,509.10 1.20 115 5.3325 1.353301
5,000,001 to 6,000,000 3 16,094,410.68 1.37 97 5.3479 1.310773
6,000,001 to 7,000,000 6 38,737,833.13 3.29 96 5.3246 1.234379
7,000,001 to 8,000,000 3 21,163,369.66 1.80 98 5.3666 1.553733
8,000,001 to 9,000,000 1 8,750,000.00 0.74 63 5.0000 1.540000
9,000,001 to 10,000,000 1 9,176,210.48 0.78 99 5.6500 1.500000
10,000,001 to 15,000,000 5 65,601,531.39 5.57 89 5.4085 1.331905
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 43,956,339.55 3.73 95 5.5373 1.304340
25,000,001 to 30,000,000 1 28,226,027.10 2.40 97 5.1500 1.410000
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 45 294,668,147.68 25.03 96 5.4525 1.365538
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 41,466,883.26 3.52 90 5.3373 1.392072
California 7 28,100,358.37 2.39 90 5.3891 1.568652
Delaware 2 19,140,324.46 1.63 98 5.4419 1.179214
Florida 7 45,318,892.81 3.85 95 5.2658 1.114214
Georgia 1 1,375,960.50 0.12 97 5.8000 1.270000
Kansas 1 20,201,099.77 1.72 93 5.6400 1.380000
Maryland 2 4,724,817.21 0.40 192 7.6587 1.190487
Minnesota 1 1,445,398.84 0.12 158 5.5000 1.370000
Nevada 1 7,017,204.33 0.60 97 5.4000 1.380000
New Mexico 1 3,212,101.67 0.27 97 5.1600 1.620000
New York 1 9,176,210.48 0.78 99 5.6500 1.500000
North Carolina 3 19,898,721.62 1.69 101 5.6356 1.516498
North Dakota 2 12,626,874.19 1.07 98 5.2417 1.423115
Pennsylvania 1 7,071,291.68 0.60 98 5.3000 1.980000
South Carolina 1 1,370,241.66 0.12 177 8.6250 1.500000
Texas 5 36,164,149.25 3.07 89 5.5380 1.263389
Virginia 2 4,549,560.46 0.39 97 5.8283 1.184637
Washington 1 1,660,343.52 0.14 99 5.3500 1.340000
Washington,DC 2 30,147,713.60 2.56 97 5.1564 1.463544
Totals 45 294,668,147.68 25.03 96 5.4525 1.365538
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 24,891,602.05 2.11 116 5.7698 0.729975
1.05 to 1.09 0 0.00 0.00 0 0.0000 0.000000
1.10 to 1.14 2 16,894,612.33 1.43 98 5.5226 1.131768
1.15 to 1.19 1 11,711,532.35 0.99 63 5.2000 1.150000
1.20 to 1.24 2 28,475,163.93 2.42 91 5.3837 1.233370
1.25 to 1.29 2 2,938,092.19 0.25 98 5.6405 1.270000
1.30 to 1.34 6 33,761,213.58 2.87 93 5.4857 1.316220
1.35 to 1.39 4 31,427,406.34 2.67 92 5.5721 1.378661
1.40 to 1.44 3 34,046,686.10 2.89 97 5.1327 1.412290
1.45 to 1.49 2 8,602,713.79 0.73 81 5.4853 1.475266
1.50 to 1.54 7 58,523,932.41 4.97 102 5.4726 1.519982
1.55 to 1.59 3 18,430,087.77 1.57 94 5.2841 1.566025
1.60 to 1.64 1 3,212,101.67 0.27 97 5.1600 1.620000
1.65 to 1.69 2 7,040,032.18 0.60 99 5.5900 1.685000
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 1,519,563.06 0.13 99 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 9,683,040.62 0.82 98 5.2973 1.963817
2.00 to 2.19 1 1,588,680.81 0.13 147 8.6250 2.040000
2.20 to 2.29 1 1,921,686.50 0.16 96 5.2500 2.250000
2.30 or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 45 294,668,147.68 25.03 96 5.4525 1.365538
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 22,998,431.31 1.95 93 5.4147 1.652289
Multi-Family 38 271,669,716.37 23.07 97 5.4557 1.341262
Totals 45 294,668,147.68 25.03 96 5.4525 1.365538
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 79,242,786.80 6.73 87 5.1177 1.269382
5.250% to 5.499% 18 121,714,051.92 10.34 100 5.4023 1.434731
5.500% to 5.749% 13 83,585,866.51 7.10 92 5.5760 1.361468
5.750% to 5.999% 1 1,375,960.50 0.12 97 5.8000 1.270000
6.000% to 6.249% 1 2,987,428.77 0.25 97 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 2,958,922.47 0.25 161 8.6250 1.789932
8.750% to 9.249% 0 0.00 0.00 0 0.0000 0.000000
9.250% or greater 1 2,803,130.71 0.24 258 9.3100 1.040000
Totals 45 294,668,147.68 25.03 96 5.4525 1.365538
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 41 268,704,994.73 22.82 94 5.3632 1.363173
25 to 36 months 2 21,789,780.58 1.85 97 5.8576 1.428120
37 to 48 months 1 1,370,241.66 0.12 177 8.6250 1.500000
49 to 60 months 1 2,803,130.71 0.24 258 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 45 294,668,147.68 25.03 96 5.4525 1.365538
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 5,028,794.32 0.43 38 5.5275 1.424051
61 to 84 months 3 25,181,456.50 2.14 63 5.1024 1.294888
85 to 108 months 35 252,260,444.84 21.43 96 5.4052 1.367180
109 to 120 months 0 0.00 0.00 0 0.0000 0.000000
121 to 156 months 1 1,588,680.81 0.13 147 8.6250 2.040000
157 to 168 months 0 0.00 0.00 0 0.0000 0.000000
169 to 180 months 1 1,370,241.66 0.12 177 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 2,803,130.71 0.24 258 9.3100 1.040000
277 months and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 43 288,232,748.84 24.48 95 5.4519 1.363014
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 6,435,398.84 0.55 177 5.4767 1.478556
Totals 2 6,435,398.84 0.55 177 5.4767 1.478556
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 7,441,352.81 0.63 98 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 14,395,543.98 1.22 98 5.5575 1.566121
300 to 324 months 2 4,173,372.37 0.35 231 9.0851 1.191032
325 months or greater 34 262,222,479.68 22.27 92 5.3909 1.346696
Totals 43 288,232,748.84 24.48 95 5.4519 1.363014
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 25,229,894.09 2.14 82 5.6176 1.388780
1 year or less 32 216,812,536.02 18.41 100 5.4441 1.338924
1 to 2 years 10 52,625,717.57 4.47 91 5.4080 1.464039
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 45 294,668,147.68 25.03 96 5.4525 1.365538
<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 288,745.34 105,200.58 5.420%
502767418 2 OF Philadelphia PA 208,638.78 63,477.81 6.080%
502752708 3 OF New York NY 154,350.00 64,148.37 5.670%
502764101 4 MF Washington DC 113,241.59 45,106.02 5.150%
502756439 5 MF Sacramento CA 121,800.00 0.00 5.800%
502769501 6 RT Columbia SC 87,196.67 0.00 4.040%
502768814 7 OF New York NY 112,974.96 35,789.42 5.930%
502762819 8 MF Glendale AZ 100,847.57 35,799.16 5.450%
310100068 9 RT Lakewood CO 87,996.11 30,967.64 5.570%
801000010 10 MF Overland Park KS 88,752.27 31,181.32 5.640%
502768323 11 OF Washington DC DC 84,598.89 0.00 5.960%
502764302 12 OF Mount Kisco NY 80,074.65 25,999.84 5.840%
701000013 13 OF Lanham MD 75,171.13 27,173.66 5.725%
502762107 14 MF Framingham MA 72,325.56 0.00 5.470%
701000015 15 RT Henderson NV 69,772.09 25,900.49 5.420%
801000016 16 MU Portland OR 72,180.52 25,083.71 5.650%
701000017 17 OF Washington DC 72,699.39 23,904.82 5.780%
502770417 18 RT San Diego CA 67,617.88 24,421.03 5.450%
502765507 19 RT Parkland FL 69,301.18 23,461.52 5.690%
310100005 20 IN Wilmington MA 75,364.65 21,588.77 6.400%
701000021 21 RT Raleigh NC 67,549.39 22,477.59 5.820%
502764801 22 MF Durham NC 62,533.33 0.00 5.360%
502720204 23 IN Various WI 65,673.28 21,862.65 5.750%
502765003 24 OF San Diego CA 58,767.03 23,229.35 5.160%
701000025 25 OF Tumwater WA 62,804.19 21,262.01 5.690%
502764109 26 MF Christiana DE 58,717.05 21,479.08 5.420%
701000027 27 OF Miami FL 60,509.17 0.00 5.500%
502749415 28 RT Palm Beach Gardens FL 63,303.14 20,094.65 5.940%
502765717 29 MF Seabrook TX 55,214.64 19,733.51 5.500%
502764911 30 OF San Diego CA 50,830.16 20,153.25 5.150%
701000031 31 MF Austin TX 52,385.10 18,488.24 5.560%
502769917 32 MF Miami FL 47,441.27 18,452.04 5.200%
502768418 33 OF San Diego CA 51,132.12 17,757.36 5.600%
701000034 34 RT Simi Valley CA 47,206.72 16,358.77 5.660%
502764301 35 RT Fairview Heights IL 45,175.62 16,145.59 5.500%
801000036 36 RT Valencia CA 45,613.02 15,485.58 5.680%
502757713 37 RT Flowery Branch GA 44,941.69 15,681.05 5.600%
502769502 38 LO Norfolk VA 44,757.27 20,230.21 5.730%
310100109 39 OF Northbrook IL 41,275.94 14,907.32 5.450%
801000040 40 OF Sacramento CA 42,341.58 14,371.84 5.650%
701000041 41 MF Halfmoon NY 40,406.35 18,661.41 5.650%
701000042 42 OF Anchorage AK 36,793.43 13,404.49 5.450%
701000043 43 MF Phoenix AZ 34,027.78 0.00 5.000%
310100103 44 OF Ann Arbor MI 35,189.62 12,171.90 5.600%
502766015 45 RT Boone NC 31,896.67 12,481.29 5.180%
801000046 46 OF Des Moines IA 35,267.45 11,388.33 5.860%
801000047 47 MU Tempe AZ 30,138.79 11,555.65 5.310%
701000048 48 RT Westport CT 33,310.92 10,830.09 5.890%
410100091 49 RT Various TX 34,465.96 10,079.27 6.230%
701000050 50 MF Fargo ND 29,760.46 10,950.53 5.400%
502755510 51 MF State College PA 29,195.05 11,064.54 5.300%
801000052 52 MF Las Vegas NV 29,518.09 10,912.13 5.400%
701000053 53 MF Atlantic Beach FL 27,792.91 10,974.96 5.150%
310100060 54 RT Federal Heights CO 29,834.28 10,499.30 5.570%
801000055 55 MF Fairfield CA 28,152.29 10,719.04 5.300%
502754448 56 RT Miami Beach FL 31,895.20 10,028.34 5.990%
701000057 57 RT Mohegan Lake NY 32,857.63 9,924.39 6.180%
502741201 58 OF Harrisburg PA 29,612.43 9,941.03 5.720%
801000059 59 RT Troutdale OR 29,051.04 9,590.64 5.780%
310100063 60 RT Lakewood CO 27,764.63 9,770.95 5.570%
310100099 61 MH Apache Junction AZ 26,710.67 9,788.83 5.400%
410100084 62 MF Pensacola FL 27,054.00 9,770.76 5.480%
310100069 63 SS Chula Vista CA 31,912.77 11,975.70 6.500%
310100050 64 OF Lakeside CO 29,622.57 9,348.21 6.000%
701000065 65 MF Atlantic Beach FL 25,052.77 9,892.91 5.150%
410100105 66 MF Torrance CA 25,913.18 9,250.85 5.490%
502772602 67 SS Fairfax Station VA 25,521.30 12,013.42 5.580%
701000068 68 OF Lone Tree CO 24,625.57 9,158.46 5.350%
502754814 69 OF Bannockburn IL 26,226.67 0.00 5.620%
502759109 70 MF Yorktown Heights NY 22,992.90 9,399.99 5.050%
701000071 71 MF Fargo ND 21,798.88 8,939.45 5.040%
502748108 72 RT Boca Raton FL 25,921.85 7,550.14 5.930%
701000073 73 OF Sacramento CA 29,738.08 7,493.72 7.150%
310100056 74 MF Dallas TX 22,829.60 8,183.32 5.520%
502761803 75 MF Christiana DE 22,420.49 8,013.00 5.500%
502764713 76 SS Springfield VA 23,642.02 10,404.21 5.870%
701000077 77 OF Wellington FL 22,459.39 7,235.71 5.640%
701000078 78 MF Brandon FL 21,229.68 0.00 5.470%
502765001 79 MF Miami FL 18,568.77 7,626.28 5.050%
502767415 80 RT Elgin IL 21,315.70 6,940.21 5.830%
310100087 81 RT New York NY 23,041.04 8,920.45 6.350%
701000082 82 RT Plano TX 20,870.81 6,909.29 5.770%
502760701 83 RT Colorado Springs CO 20,768.13 9,067.84 5.900%
410100097 84 RT Lexington NC 19,394.46 12,327.88 5.800%
410100083 85 MF Pensacola FL 18,729.69 6,764.38 5.480%
701000086 86 RT Cordova TN 18,794.44 6,520.56 5.620%
701000087 87 IN Denver CO 16,859.39 8,781.58 5.200%
310100088 88 RT Destin FL 19,533.16 5,810.73 6.150%
502768426 89 RT Las Vegas NV 18,770.06 5,811.51 6.000%
502755914 90 RT Las Vegas NV 22,625.20 8,112.31 6.910%
502768925 91 MF Stockton CA 15,035.36 6,315.44 4.950%
502755808 92 RT Goodyear AZ 17,429.52 5,913.39 5.750%
310100014 93 OF Dallas TX 18,454.27 5,685.40 6.120%
502765720 94 OF Las Vegas NV 16,658.71 5,779.58 5.620%
502749508 95 RT Mount Prospect IL 17,718.71 5,663.76 6.000%
502762508 96 RT Omaha NE 17,313.22 5,407.35 6.000%
310100057 97 MF White Settlement TX 15,874.74 5,482.98 5.650%
701000098 98 RT Bothell WA 15,566.25 5,329.69 5.650%
310100092 99 MH Santa Ana CA 15,327.36 5,316.79 5.590%
310100094 100 MH Santa Ana CA 15,327.36 5,316.79 5.590%
701000101 101 RT Dallas TX 16,702.69 9,807.71 6.250%
502735515 102 MF Greenville NC 14,072.88 9,904.44 5.450%
502765613 103 RT Dickinson TX 14,362.61 5,112.55 5.500%
310100085 104 MH Las Cruces NM 12,911.81 5,127.39 5.160%
502736006 105 IN Menominee MI 15,257.85 8,862.78 6.250%
701000106 106 RT Ft. Lauderdale FL 14,118.84 4,657.26 5.800%
502755923 107 RT Colonie NY 18,340.80 6,415.66 7.350%
502753022 108 SS Brandon FL 13,029.17 4,611.21 5.520%
701000109 109 RT San Jose CA 13,814.99 5,969.29 5.900%
502751738 110 MF Richmond VA 13,961.68 4,360.58 6.000%
128878895 111 MF Aberdeen MD 21,764.84 2,218.94 9.310%
502765330 112 MF Lafayette CA 11,948.16 4,209.16 5.550%
701000113 113 RT Fontana CA 12,353.99 4,075.10 5.800%
310100095 114 MH San Luis AZ 10,778.05 7,814.17 5.290%
410100100 115 RT Mesa AZ 11,945.53 3,938.83 5.770%
502765609 116 RT Lodi CA 11,801.00 7,184.42 6.000%
310100096 117 MH Mesquite TX 10,360.69 3,922.42 5.290%
410100101 118 RT Alpharetta GA 10,518.19 3,487.56 5.750%
502770502 119 SS Oldsmar FL 9,876.95 3,495.60 5.520%
310100089 120 MH McAllen TX 9,704.39 3,468.31 5.500%
502768321 121 SS Maple Shade NJ 9,735.79 4,251.17 5.860%
310100062 122 RT Jefferson City MO 9,142.01 3,217.27 5.570%
701000123 123 RT Holly Springs GA 9,523.97 5,752.49 6.100%
701000124 124 RT Conroe TX 9,087.55 2,967.01 5.820%
310100015 125 OF Houston TX 9,378.02 2,889.18 6.120%
701000126 126 MF Washington DC 7,863.71 4,121.25 5.250%
701000127 127 MF Landover MD 7,863.71 4,121.25 5.250%
502756535 128 RT Shippensburg PA 8,707.07 3,801.70 5.900%
310100070 129 RT Deerfield Beach FL 7,819.61 12,203.53 5.910%
801000130 130 IN Springfield VA 7,867.75 3,499.72 5.790%
701000131 131 RT Denver CO 8,074.79 2,601.67 5.900%
701000132 132 RT West Columbia SC 8,104.59 2,606.45 5.930%
701000133 133 MF Spokane Valley WA 6,919.58 2,573.46 5.350%
502763514 134 MU Richmond VA 7,397.79 2,452.92 5.750%
502765328 135 MF Layfayette CA 7,050.68 2,483.85 5.550%
502755922 136 RT Baltimore MD 8,909.33 5,285.65 6.850%
310100043 137 RT Pantego TX 8,619.60 2,192.18 6.850%
310100016 138 OF Houston TX 7,567.41 2,331.37 6.120%
125129420 139 MF Salisbury NC 10,670.24 1,914.40 8.625%
502746509 140 MH Newfield NY 7,455.54 4,330.68 6.250%
502763203 141 MF Charlottesville VA 6,692.68 2,391.94 5.500%
310100093 142 MH Coachella CA 6,270.86 4,546.43 5.290%
701000143 143 OF Huntersville NC 6,439.41 2,366.83 5.390%
701000144 144 MF Two Harbors MN 6,211.87 6,726.66 5.500%
701000145 145 RT Aurora IL 6,604.17 2,072.58 5.950%
701000146 146 RT Kennesaw GA 6,665.46 2,727.25 6.130%
701000147 147 MF Hapeville GA 6,219.69 2,788.19 5.800%
125157750 148 MF Inman SC 9,856.48 1,094.80 8.625%
310100072 149 RT Boca Raton FL 5,683.32 8,869.58 5.910%
310100073 150 RT Hialeah FL 3,305.19 5,158.20 5.910%
310100074 151 RT Fort Lauderdale FL 2,450.41 4,404.87 5.910%
310100071 152 RT Tamarac FL 2,035.42 3,658.89 5.910%
Totals 5,172,219.47 1,691,592.20
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 68,495,203.94 68,390,003.36 02/11/2005
502767418 05/11/2013 05/11/2033 N 44,120,043.64 44,056,565.83 02/11/2005
502752708 N/A 02/11/2013 N 35,000,000.00 34,935,851.63 03/11/2005
502764101 N/A 04/11/2013 N 28,271,133.12 28,226,027.10 02/11/2005
502756439 N/A 04/11/2013 N 27,000,000.00 27,000,000.00 03/11/2005
502769501 N/A 06/11/2010 N 25,900,000.00 25,900,000.00 03/11/2005
502768814 N/A 05/11/2013 N 24,494,691.46 24,458,902.04 03/11/2005
502762819 N/A 04/11/2013 N 23,791,038.94 23,755,239.78 02/11/2005
310100068 04/11/2013 04/11/2033 N 20,312,001.96 20,281,034.32 02/11/2005
801000010 N/A 12/01/2012 N 20,232,281.09 20,201,099.77 09/01/2004
502768323 N/A 05/11/2013 N 18,250,000.00 18,250,000.00 03/11/2005
502764302 N/A 05/11/2013 N 17,628,958.57 17,602,958.73 02/11/2005
701000013 N/A 02/01/2012 N 16,881,850.99 16,854,677.33 03/01/2005
502762107 N/A 05/11/2013 N 17,000,000.00 17,000,000.00 03/11/2005
701000015 02/01/2012 02/01/2033 N 16,551,102.30 16,525,201.81 03/01/2005
801000016 N/A 02/01/2012 N 16,425,402.92 16,400,319.21 03/01/2005
701000017 N/A 06/01/2013 N 16,171,390.89 16,147,486.07 03/01/2005
502770417 N/A 06/11/2013 N 15,951,793.13 15,927,372.10 03/11/2005
502765507 N/A 05/11/2013 N 15,659,316.81 15,635,855.29 03/11/2005
310100005 12/11/2012 12/11/2032 N 15,140,220.85 15,118,632.08 02/11/2005
701000021 N/A 01/01/2013 N 14,922,545.43 14,900,067.84 03/01/2005
502764801 N/A 04/11/2013 N 15,000,000.00 15,000,000.00 03/11/2005
502720204 N/A 05/11/2013 N 14,684,709.64 14,662,846.99 02/11/2005
502765003 05/11/2010 04/17/2033 N 14,642,947.01 14,619,717.66 02/11/2005
701000025 05/11/2012 05/11/2033 N 14,191,255.78 14,169,993.77 02/11/2005
502764109 N/A 05/11/2013 N 13,928,662.64 13,907,183.56 03/11/2005
701000027 05/11/2011 05/11/2033 N 14,145,000.00 14,145,000.00 02/11/2005
502749415 N/A 04/11/2013 N 13,701,977.86 13,681,883.21 02/11/2005
502765717 N/A 05/11/2013 N 12,907,319.24 12,887,585.73 02/11/2005
502764911 05/11/2010 04/16/2033 N 12,689,916.33 12,669,763.08 02/11/2005
701000031 N/A 04/01/2012 N 12,113,717.99 12,095,229.75 03/01/2005
502769917 N/A 06/11/2010 N 11,729,984.39 11,711,532.35 03/11/2005
502768418 N/A 05/11/2013 N 11,739,518.08 11,721,760.72 02/11/2005
701000034 N/A 02/01/2008 N 10,723,383.09 10,707,024.32 03/01/2005
502764301 N/A 05/11/2013 N 10,560,533.97 10,544,388.38 03/11/2005
801000036 N/A 05/01/2013 N 10,324,879.14 10,309,393.56 03/01/2005
502757713 N/A 04/11/2013 N 10,318,244.93 10,302,563.88 02/11/2005
502769502 N/A 06/11/2013 N 10,042,768.07 10,022,537.86 02/11/2005
310100109 N/A 06/11/2013 N 9,737,444.30 9,722,536.98 03/11/2005
801000040 N/A 07/01/2013 N 9,635,253.12 9,620,881.28 03/01/2005
701000041 N/A 06/11/2013 N 9,194,871.89 9,176,210.48 03/11/2005
701000042 04/11/2009 05/11/2033 N 8,679,969.35 8,666,564.86 03/11/2005
701000043 N/A 06/11/2010 N 8,750,000.00 8,750,000.00 02/11/2005
310100103 N/A 06/11/2013 N 8,079,250.54 8,067,078.64 02/11/2005
502766015 N/A 06/11/2013 N 7,916,988.34 7,904,507.05 02/11/2005
801000046 N/A 05/01/2013 N 7,737,861.34 7,726,473.01 03/01/2005
801000047 N/A 02/01/2008 N 7,297,528.47 7,285,972.82 03/01/2005
701000048 N/A 02/01/2013 N 7,271,363.41 7,260,533.32 03/01/2005
410100091 N/A 05/11/2013 N 7,112,902.20 7,102,822.93 02/11/2005
701000050 N/A 05/11/2013 N 7,085,824.18 7,074,873.65 02/11/2005
502755510 05/11/2013 05/06/2033 N 7,082,356.22 7,071,291.68 03/11/2005
801000052 N/A 04/01/2013 N 7,028,116.46 7,017,204.33 03/01/2005
701000053 N/A 06/11/2013 N 6,938,591.36 6,927,616.40 02/11/2005
310100060 04/11/2013 04/11/2033 N 6,886,600.08 6,876,100.78 03/11/2005
801000055 N/A 04/01/2012 N 6,829,395.65 6,818,676.61 03/01/2005
502754448 N/A 03/11/2013 N 6,846,096.23 6,836,067.89 03/11/2005
701000057 N/A 01/01/2013 N 6,835,845.48 6,825,921.09 03/01/2005
502741201 N/A 05/11/2013 N 6,656,140.79 6,646,199.76 02/11/2005
801000059 N/A 05/01/2013 N 6,462,168.98 6,452,578.34 03/01/2005
310100063 04/11/2013 04/11/2033 N 6,408,865.96 6,399,095.01 03/11/2005
310100099 N/A 06/11/2013 N 6,359,683.37 6,349,894.54 03/11/2005
410100084 N/A 04/11/2013 N 6,347,393.63 6,337,622.87 02/11/2005
310100069 N/A 04/11/2013 N 6,312,415.63 6,300,439.93 02/11/2005
310100050 N/A 02/11/2013 N 6,347,693.73 6,338,345.52 02/11/2005
701000065 N/A 06/11/2013 N 6,254,505.00 6,244,612.09 02/11/2005
410100105 N/A 06/11/2013 N 6,068,661.47 6,059,410.62 03/11/2005
502772602 N/A 06/11/2013 N 5,880,484.90 5,868,471.48 03/11/2005
701000068 N/A 06/11/2013 N 5,918,028.54 5,908,870.08 02/11/2005
502754814 N/A 05/11/2013 N 6,000,000.00 6,000,000.00 02/11/2005
502759109 N/A 05/11/2013 N 5,853,919.77 5,844,519.78 02/11/2005
701000071 N/A 05/11/2013 N 5,560,939.99 5,552,000.54 02/11/2005
502748108 N/A 01/11/2013 N 5,620,251.45 5,612,701.31 03/11/2005
701000073 N/A 12/01/2011 N 5,347,506.12 5,340,012.40 03/01/2005
310100056 N/A 03/11/2013 N 5,317,452.56 5,309,269.24 03/11/2005
502761803 N/A 05/11/2013 N 5,241,153.90 5,233,140.90 03/11/2005
502764713 N/A 04/11/2013 N 5,178,344.55 5,167,940.34 03/11/2005
701000077 N/A 05/11/2013 N 5,119,922.81 5,112,687.10 03/11/2005
701000078 N/A 06/11/2020 N 4,990,000.00 4,990,000.00 03/11/2005
502765001 N/A 04/11/2010 N 4,727,550.43 4,719,924.15 03/11/2005
502767415 N/A 05/11/2013 N 4,700,840.32 4,693,900.11 02/11/2005
310100087 N/A 05/11/2013 N 4,665,228.39 4,656,307.94 02/11/2005
701000082 N/A 05/11/2013 N 4,650,588.36 4,643,679.07 03/11/2005
502760701 04/11/2013 04/08/2028 N 4,525,742.88 4,516,675.04 02/11/2005
410100097 N/A 06/11/2023 N 4,299,265.42 4,286,937.54 02/11/2005
410100083 N/A 04/11/2013 N 4,394,349.33 4,387,584.95 03/11/2005
701000086 N/A 04/11/2013 N 4,299,693.21 4,293,172.65 03/11/2005
701000087 N/A 07/11/2010 N 4,168,530.61 4,159,749.03 02/11/2005
310100088 N/A 06/11/2013 N 4,083,587.78 4,077,777.05 02/11/2005
502768426 06/11/2013 05/16/2033 N 4,022,156.31 4,016,344.80 02/11/2005
502755914 N/A 06/15/2024 N 3,929,123.82 3,921,011.51 03/15/2005
502768925 N/A 06/11/2013 N 3,905,287.94 3,898,972.50 03/11/2005
502755808 N/A 01/11/2013 N 3,897,284.69 3,891,371.30 03/11/2005
310100014 N/A 12/11/2012 N 3,876,946.82 3,871,261.42 02/11/2005
502765720 N/A 04/11/2013 N 3,811,091.84 3,805,312.26 03/11/2005
502749508 N/A 11/11/2012 N 3,796,867.47 3,791,203.71 02/11/2005
502762508 04/11/2013 04/11/2033 N 3,709,975.23 3,704,567.88 02/11/2005
310100057 N/A 03/11/2013 N 3,612,456.59 3,606,973.61 11/11/2004
701000098 N/A 05/11/2013 N 3,542,256.24 3,536,926.55 02/11/2005
310100092 N/A 06/11/2013 N 3,525,332.88 3,520,016.09 02/11/2005
310100094 N/A 06/11/2013 N 3,525,332.88 3,520,016.09 02/11/2005
701000101 N/A 05/11/2023 N 3,435,982.10 3,426,174.39 02/11/2005
502735515 N/A 04/11/2013 N 3,319,945.25 3,310,040.81 02/11/2005
502765613 06/11/2013 05/16/2033 N 3,357,492.99 3,352,380.44 02/11/2005
310100085 N/A 04/11/2013 N 3,217,229.06 3,212,101.67 02/11/2005
502736006 N/A 03/11/2013 N 3,138,757.15 3,129,894.37 03/11/2005
701000106 N/A 04/11/2013 N 3,129,792.47 3,125,135.21 03/11/2005
502755923 N/A 02/15/2019 N 2,994,416.74 2,988,001.08 03/15/2005
502753022 N/A 06/11/2013 N 3,034,744.42 3,030,133.21 02/11/2005
701000109 N/A 06/11/2013 N 3,010,531.00 3,004,561.71 03/11/2005
502751738 N/A 04/11/2013 N 2,991,789.35 2,987,428.77 02/11/2005
128878895 N/A 09/01/2026 N 2,805,349.65 2,803,130.71 03/01/2005
502765330 N/A 05/11/2008 N 2,767,912.56 2,763,703.40 02/11/2005
701000113 N/A 04/11/2013 N 2,738,568.34 2,734,493.24 02/11/2005
310100095 N/A 06/11/2013 N 2,619,563.11 2,611,748.94 02/11/2005
410100100 N/A 06/11/2013 N 2,661,792.49 2,657,853.66 03/11/2005
502765609 05/11/2013 05/11/2023 N 2,528,786.07 2,521,601.65 03/11/2005
310100096 N/A 06/11/2013 N 2,518,126.02 2,514,203.60 02/11/2005
410100101 N/A 06/11/2013 N 2,351,892.95 2,348,405.39 03/11/2005
502770502 N/A 06/11/2013 N 2,300,532.01 2,297,036.41 02/11/2005
310100089 N/A 05/11/2008 N 2,268,559.23 2,265,090.92 02/11/2005
502768321 N/A 06/11/2013 N 2,136,082.54 2,131,831.37 03/11/2005
310100062 04/11/2013 04/11/2033 N 2,110,236.29 2,107,019.02 03/11/2005
701000123 N/A 06/11/2023 N 2,007,393.92 2,001,641.43 02/11/2005
701000124 N/A 05/11/2013 N 2,007,558.39 2,004,591.38 02/11/2005
310100015 N/A 12/11/2012 N 1,970,171.79 1,967,282.61 02/11/2005
701000126 N/A 03/11/2013 N 1,925,807.75 1,921,686.50 03/11/2005
701000127 N/A 03/11/2013 N 1,925,807.75 1,921,686.50 03/11/2005
502756535 04/11/2013 04/03/2028 N 1,897,423.77 1,893,622.07 03/11/2005
310100070 N/A 04/11/2013 N 1,701,147.24 1,688,943.71 02/11/2005
801000130 N/A 06/01/2013 N 1,747,094.34 1,743,594.62 03/01/2005
701000131 N/A 03/11/2013 N 1,759,640.17 1,757,038.50 03/11/2005
701000132 N/A 02/11/2013 N 1,757,198.68 1,754,592.23 02/11/2005
701000133 N/A 06/11/2013 N 1,662,916.98 1,660,343.52 03/11/2005
502763514 N/A 06/11/2013 N 1,654,164.70 1,651,711.78 02/11/2005
502765328 N/A 05/11/2013 N 1,633,361.86 1,630,878.01 02/11/2005
502755922 N/A 02/15/2019 N 1,560,758.94 1,555,473.29 03/15/2005
310100043 N/A 02/11/2013 N 1,617,860.48 1,615,668.30 03/11/2005
310100016 N/A 12/11/2012 N 1,589,792.09 1,587,460.72 02/11/2005
125129420 N/A 06/01/2017 N 1,590,595.21 1,588,680.81 03/01/2005
502746509 N/A 03/11/2013 N 1,533,710.82 1,529,380.14 03/11/2005
502763203 N/A 05/11/2013 N 1,564,523.63 1,562,131.69 02/11/2005
310100093 N/A 06/11/2013 N 1,524,109.49 1,519,563.06 02/11/2005
701000143 N/A 06/11/2013 N 1,536,037.18 1,533,670.35 03/11/2005
701000144 N/A 05/11/2018 N 1,452,125.50 1,445,398.84 02/11/2005
701000145 N/A 06/11/2013 N 1,427,071.01 1,424,998.43 03/11/2005
701000146 N/A 05/11/2013 N 1,398,023.34 1,395,296.09 02/11/2005
701000147 N/A 04/11/2013 N 1,378,748.69 1,375,960.50 02/11/2005
125157750 N/A 12/01/2019 N 1,371,336.46 1,370,241.66 03/01/2005
310100072 N/A 04/11/2013 N 1,236,400.86 1,227,531.28 02/11/2005
310100073 N/A 04/11/2013 N 719,041.59 713,883.39 02/11/2005
310100074 N/A 04/11/2013 N 533,083.54 528,678.67 02/11/2005
310100071 N/A 04/11/2013 N 442,803.20 439,144.31 02/11/2005
Totals 1,179,068,866.57 1,177,377,274.37
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>
03/15/2005 0 $0.00 0 $0.00 2 $23,808,073.38
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
Distribution Foreclosure REO Modifications
Date # Balance # Balance # Balance
<s> <c> <c> <c> <c> <c> <c>
03/15/2005 0 $0.00 0 $0.00 0 $0.00
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
Prepayments Rate and Maturities
Distribution Curtailments Payoff Next Weighted Avg. WAM
Date # Amount # Amount Coupon Remit
<s> <c> <c> <c> <c> <c> <c> <c>
03/15/2005 0 $0.00 0 $0.00 5.627715% 5.574030% 95
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
<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 02/11/2005 391,662.74 391,662.74 A
502767418 2 0 02/11/2005 270,645.93 270,645.93 A
502764101 4 0 02/11/2005 157,405.23 157,405.23 A
502762819 8 0 02/11/2005 135,853.69 135,853.69 A
310100068 9 0 02/11/2005 118,286.69 118,286.69 A
801000010 10 5 09/01/2004 117,488.86 704,892.78 3
502764302 12 0 02/11/2005 105,486.85 105,486.85 A
310100005 20 0 02/11/2005 96,448.74 96,448.74 A
502720204 23 0 02/11/2005 87,046.43 87,046.43 A
502765003 24 0 02/11/2005 81,508.28 81,508.28 A
701000025 25 0 02/11/2005 83,593.16 83,593.16 A
701000027 27 0 02/11/2005 60,037.67 60,037.67 A
502749415 28 0 02/11/2005 82,941.05 82,941.05 A
502765717 29 0 02/11/2005 74,517.91 74,517.91 A
502764911 30 0 02/11/2005 70,560.41 70,560.41 A
502768418 33 0 02/11/2005 68,498.16 68,498.16 A
502757713 37 0 02/11/2005 60,278.80 60,278.80 A
502769502 38 0 02/11/2005 64,652.72 64,652.72 A
701000043 43 0 02/11/2005 33,736.12 33,736.12 A
310100103 44 0 02/11/2005 47,092.22 47,092.22 A
502766015 45 0 02/11/2005 44,114.06 44,114.06 A
410100091 49 0 02/11/2005 44,011.76 44,011.76 A
701000050 50 0 02/11/2005 40,474.79 40,474.79 A
701000053 53 0 02/11/2005 38,536.59 38,536.59 A
502741201 58 0 02/11/2005 39,331.58 39,331.58 A
410100084 62 0 02/11/2005 36,348.71 36,348.71 A
310100069 63 0 02/11/2005 43,678.05 43,678.05 A
310100050 64 0 02/11/2005 38,759.20 38,759.20 A
701000065 65 0 02/11/2005 34,737.20 34,737.20 A
701000068 68 0 02/11/2005 33,586.77 33,586.77 A
502754814 69 0 02/11/2005 26,026.67 26,026.67 A
502759109 70 0 02/11/2005 32,197.75 32,197.75 A
701000071 71 0 02/11/2005 30,552.97 30,552.97 A
502767415 80 0 02/11/2005 28,099.21 28,099.21 A
310100087 81 0 02/11/2005 31,805.99 31,805.99 A
502760701 83 0 02/11/2005 29,685.11 29,685.11 A
410100097 84 0 02/11/2005 31,507.38 31,507.38 A
701000087 87 0 02/11/2005 25,502.01 25,502.01 A
310100088 88 0 02/11/2005 25,207.77 25,207.77 A
502768426 89 0 02/11/2005 24,447.49 24,447.49 A
310100014 93 0 02/11/2005 24,010.43 24,010.43 A
502749508 95 0 02/11/2005 23,255.91 23,255.91 A
502762508 96 0 02/11/2005 22,596.91 22,596.91 A
310100057 97 3 11/11/2004 21,237.30 84,948.46 3
310100092 99 0 02/11/2005 20,526.63 20,526.63 A
310100094 100 0 02/11/2005 20,526.63 20,526.63 A
701000101 101 0 02/11/2005 26,395.86 26,395.86 A
502735515 102 0 02/11/2005 23,866.66 23,866.66 A
502765613 103 0 02/11/2005 19,363.24 19,363.24 A
310100085 104 0 02/11/2005 17,931.96 17,931.96 A
502753022 108 0 02/11/2005 17,539.22 17,539.22 A
502751738 110 0 02/11/2005 18,222.54 18,222.54 A
502765330 112 0 02/11/2005 16,065.06 16,065.06 A
701000113 113 0 02/11/2005 16,337.81 16,337.81 A
310100095 114 0 02/11/2005 18,504.90 18,504.90 A
310100096 117 0 02/11/2005 14,199.17 14,199.17 A
502770502 119 0 02/11/2005 13,295.87 13,295.87 A
310100089 120 0 02/11/2005 13,097.08 13,097.08 A
701000123 123 0 02/11/2005 15,209.54 15,209.54 A
701000124 124 0 02/11/2005 11,987.64 11,987.64 A
310100015 125 0 02/11/2005 12,201.52 12,201.52 A
310100070 129 0 02/11/2005 19,966.44 19,966.44 A
701000132 132 0 02/11/2005 10,652.46 10,652.46 A
502763514 134 0 02/11/2005 9,795.57 9,795.57 A
502765328 135 0 02/11/2005 9,480.09 9,480.09 A
310100016 138 0 02/11/2005 9,845.78 9,845.78 A
502763203 141 0 02/11/2005 9,032.46 9,032.46 A
310100093 142 0 02/11/2005 10,766.49 10,766.49 A
701000144 144 0 02/11/2005 12,890.13 12,890.13 A
701000146 146 0 02/11/2005 9,346.11 9,346.11 A
701000147 147 0 02/11/2005 8,961.92 8,961.92 A
310100072 149 0 02/11/2005 14,511.68 14,511.68 A
310100073 150 0 02/11/2005 8,439.43 8,439.43 A
310100074 151 0 02/11/2005 6,837.52 6,837.52 A
310100071 152 0 02/11/2005 5,679.55 5,679.55 A
Totals 75 3,418,930.23 4,070,045.31
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 68,495,203.94 0.00
502767418 44,120,043.64 0.00
502764101 28,271,133.12 0.00
502762819 23,791,038.94 0.00
310100068 20,312,001.96 0.00
801000010 13 12/30/2004 20,345,387.17 0.00
502764302 17,628,958.57 0.00
310100005 15,140,220.85 0.00
502720204 14,684,709.64 0.00
502765003 14,642,947.01 0.00
701000025 14,191,255.78 0.00
701000027 14,145,000.00 0.00
502749415 13,701,977.86 0.00
502765717 12,907,319.24 0.00
502764911 12,689,916.33 0.00
502768418 11,739,518.08 0.00
502757713 10,318,244.93 0.00
502769502 10,042,768.07 0.00
701000043 8,750,000.00 0.00
310100103 8,079,250.54 0.00
502766015 7,916,988.34 0.00
410100091 7,112,902.20 0.00
701000050 7,085,824.18 0.00
701000053 6,938,591.36 0.00
502741201 6,656,140.79 0.00
410100084 6,347,393.63 0.00
310100069 6,312,415.63 0.00
310100050 6,347,693.73 0.00
701000065 6,254,505.00 0.00
701000068 5,918,028.54 0.00
502754814 6,000,000.00 0.00
502759109 5,853,919.77 0.00
701000071 5,560,939.99 0.00
502767415 4,700,840.32 0.00
310100087 4,665,228.39 0.00
502760701 4,525,742.88 0.00
410100097 4,299,265.42 0.00
701000087 4,168,530.61 0.00
310100088 4,083,587.78 0.00
502768426 4,022,156.31 0.00
310100014 3,876,946.82 0.00
502749508 3,796,867.47 0.00
502762508 3,709,975.23 0.00
310100057 13 11/09/2004 3,624,259.47 0.00
310100092 3,525,332.88 0.00
310100094 3,525,332.88 0.00
701000101 3,435,982.10 0.00
502735515 3,319,945.25 0.00
502765613 3,357,492.99 0.00
310100085 3,217,229.06 0.00
502753022 3,034,744.42 0.00
502751738 2,991,789.35 0.00
502765330 2,767,912.56 0.00
701000113 2,738,568.34 0.00
310100095 2,619,563.11 0.00
310100096 2,518,126.02 0.00
502770502 2,300,532.01 0.00
310100089 2,268,559.23 0.00
701000123 2,007,393.92 0.00
701000124 2,007,558.39 0.00
310100015 1,970,171.79 0.00
310100070 1,701,147.24 0.00
701000132 1,757,198.68 0.00
502763514 1,654,164.70 0.00
502765328 1,633,361.86 0.00
310100016 1,589,792.09 0.00
502763203 1,564,523.63 0.00
310100093 1,524,109.49 0.00
701000144 1,452,125.50 0.00
701000146 1,398,023.34 0.00
701000147 1,378,748.69 0.00
310100072 1,236,400.86 0.00
310100073 719,041.59 0.00
310100074 533,083.54 0.00
310100071 442,803.20 0.00
Totals 579,966,398.24 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) 138,726.16 789,841.24 23,969,646.64 0.00
Total for Status Code = A (73 loans) 3,280,204.07 3,280,204.07 555,996,751.60 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 20,201,099.77 MF KS 5.640% 20,345,387.17
310100057 97 11/09/2004 13 3,606,973.61 MF TX 5.650% 3,624,259.47
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 332
310100057 62,260.91 09/30/2004 0.32 04/11/2003 03/11/2013 335
<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 Borrower's proposal for a payoff with waiver of the pre-payment premium was turned down
based on the value of the property. Counsel is preparing to file foreclosure petition and
appointment of a receiver.
310100057 Negotiating potential forbearance agreement with the Borrower while counsel is preparing
for potential forclosure.
<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