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): April 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 54-2165624
Pooling and Servicing Agreement) (Commission 54-2165625
(State or other File Number) IRS EIN
jurisdiction
of Incorporation)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
On April 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
April 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: 4/25/2005
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 April 25, 2005 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Loan Pass-Through Certificates
Record Date: 3/31/2005
Distribution Date: 4/25/2005
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% 6,290,129.63 28,829.76 532,104.20
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 3.99000% 5,432,131.44 18,061.84 459,523.12
1-A-8 05949AN71 SEN 8.01667% 3,259,278.86 21,773.79 275,713.87
1-A-9 05949AN89 SEN 3.45000% 12,988,068.60 37,340.70 24,570.46
1-A-10 05949AN97 SEN 12.54298% 3,261,777.23 34,093.68 6,170.54
1-A-11 05949AP20 SEN 8.00000% 1,461,157.26 9,741.05 2,764.18
1-A-12 05949AP38 SEN 5.50000% 2,717,525.39 12,455.32 1,694,615.95
1-A-13 05949AP46 SEN 4.75000% 65,151,818.24 257,892.61 273,524.41
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 42,872.39 0.00
1-A-20 05949AQ37 SEN 5.50000% 0.00 19,067.25 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% 68,121,817.45 298,032.95 2,115,278.56
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 19,543.13 0.00
1-A-R 05949AQ86 SEN 5.50000% 0.00 0.00 0.00
1-A-LR 05949AQ94 SEN 5.50000% 0.00 0.03 0.00
2-A-1 05949AR28 SEN 5.00000% 75,067,306.53 312,780.44 1,137,387.43
30-PO 05949AR44 SEN 0.00000% 1,823,443.68 0.00 18,828.75
30-IO 05949AR36 SEN 5.50000% 0.00 18,435.97 0.00
15-PO 05949AR69 SEN 0.00000% 576,183.38 0.00 2,230.01
15-IO 05949AR51 SEN 5.00000% 0.00 6,310.14 0.00
30-B-1 05949AR77 SUB 5.50000% 3,446,631.91 15,797.06 3,716.67
30-B-2 05949AR85 SUB 5.50000% 1,230,369.76 5,639.19 1,326.77
30-B-3 05949AR93 SUB 5.50000% 738,421.43 3,384.43 796.27
30-B-4 05949AS50 SUB 5.50000% 492,946.20 2,259.34 531.57
30-B-5 05949AS68 SUB 5.50000% 369,210.71 1,692.22 398.14
30-B-6 05949AS76 SUB 5.50000% 369,287.14 1,692.57 398.22
15-B-1 05949AS27 SUB 5.00000% 503,206.38 2,096.69 1,911.24
15-B-2 05949AS35 SUB 5.00000% 348,373.64 1,451.56 1,323.16
15-B-3 05949AS43 SUB 5.00000% 194,533.43 810.56 738.86
15-B-4 05949AS84 SUB 5.00000% 77,416.37 322.57 294.04
15-B-5 05949AS92 SUB 5.00000% 77,416.37 322.57 294.04
15-B-6 05949AT26 SUB 5.00000% 116,356.95 484.82 441.94
Totals 318,394,807.98 1,441,230.49 6,554,882.40
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 5,758,025.43 560,933.96 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 4,972,608.32 477,584.96 0.00
1-A-8 0.00 2,983,564.99 297,487.66 0.00
1-A-9 0.00 12,963,498.14 61,911.16 0.00
1-A-10 0.00 3,255,606.70 40,264.22 0.00
1-A-11 0.00 1,458,393.08 12,505.23 0.00
1-A-12 0.00 1,022,909.44 1,707,071.27 0.00
1-A-13 0.00 64,878,293.83 531,417.02 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 42,872.39 0.00
1-A-20 0.00 0.00 19,067.25 0.00
1-A-21 0.00 10,000,000.00 43,750.00 0.00
1-A-22 0.00 66,006,538.89 2,413,311.51 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 19,543.13 0.00
1-A-R 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.03 0.00
2-A-1 0.00 73,929,919.10 1,450,167.87 0.00
30-PO 0.00 1,804,614.92 18,828.75 0.00
30-IO 0.00 0.00 18,435.97 0.00
15-PO 0.00 573,953.37 2,230.01 0.00
15-IO 0.00 0.00 6,310.14 0.00
30-B-1 0.00 3,442,915.24 19,513.73 0.00
30-B-2 0.00 1,229,042.99 6,965.96 0.00
30-B-3 0.00 737,625.15 4,180.70 0.00
30-B-4 0.00 492,414.63 2,790.91 0.00
30-B-5 0.00 368,812.58 2,090.36 0.00
30-B-6 0.00 368,888.92 2,090.79 0.00
15-B-1 0.00 501,295.14 4,007.93 0.00
15-B-2 0.00 347,050.48 2,774.72 0.00
15-B-3 0.00 193,794.57 1,549.42 0.00
15-B-4 0.00 77,122.33 616.61 0.00
15-B-5 0.00 77,122.33 616.61 0.00
15-B-6 0.00 115,915.01 926.76 0.00
Totals 0.00 311,839,925.58 7,996,112.89 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 6,290,129.63 24,826.60 507,277.60 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 5,432,131.44 21,440.15 438,082.96 0.00 0.00
1-A-8 3,510,000.00 3,259,278.86 12,864.09 262,849.78 0.00 0.00
1-A-9 13,029,133.00 12,988,068.60 1,146.39 23,424.06 0.00 0.00
1-A-10 3,272,090.00 3,261,777.23 287.90 5,882.64 0.00 0.00
1-A-11 1,465,777.00 1,461,157.26 128.97 2,635.21 0.00 0.00
1-A-12 4,233,000.00 2,717,525.39 79,647.51 1,627,423.76 (12,455.32) 0.00
1-A-13 65,604,000.00 65,151,818.24 12,761.94 260,762.47 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 68,121,817.45 98,693.40 2,016,585.16 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 0.00 0.00 0.00 0.00 0.00
1-A-LR 50.00 0.00 0.00 0.00 0.00 0.00
2-A-1 76,143,000.00 75,067,306.53 285,114.64 852,272.79 0.00 0.00
30-PO 1,829,524.24 1,823,443.68 2,081.58 16,747.17 0.00 0.00
30-IO 0.00 0.00 0.00 0.00 0.00 0.00
15-PO 580,652.65 576,183.38 2,205.12 24.89 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 3,446,631.91 3,716.67 0.00 0.00 0.00
30-B-2 1,233,000.00 1,230,369.76 1,326.77 0.00 0.00 0.00
30-B-3 740,000.00 738,421.43 796.27 0.00 0.00 0.00
30-B-4 494,000.00 492,946.20 531.57 0.00 0.00 0.00
30-B-5 370,000.00 369,210.71 398.14 0.00 0.00 0.00
30-B-6 370,076.59 369,287.14 398.22 0.00 0.00 0.00
15-B-1 507,000.00 503,206.38 1,911.24 0.00 0.00 0.00
15-B-2 351,000.00 348,373.64 1,323.16 0.00 0.00 0.00
15-B-3 196,000.00 194,533.43 738.86 0.00 0.00 0.00
15-B-4 78,000.00 77,416.37 294.04 0.00 0.00 0.00
15-B-5 78,000.00 77,416.37 294.04 0.00 0.00 0.00
15-B-6 117,234.15 116,356.95 441.94 0.00 0.00 0.00
Totals 324,736,587.63 318,394,807.98 553,369.21 6,013,968.49 (12,455.32) 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-1 532,104.20 5,758,025.43 0.85001852 532,104.20
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-7 459,523.12 4,972,608.32 0.85001852 459,523.12
1-A-8 275,713.87 2,983,564.99 0.85001852 275,713.87
1-A-9 24,570.46 12,963,498.14 0.99496245 24,570.46
1-A-10 6,170.54 3,255,606.70 0.99496246 6,170.54
1-A-11 2,764.18 1,458,393.08 0.99496245 2,764.18
1-A-12 1,694,615.95 1,022,909.44 0.24165118 1,694,615.95
1-A-13 273,524.41 64,878,293.83 0.98893808 273,524.41
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 2,115,278.56 66,006,538.89 0.94057225 2,115,278.56
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 0.00 0.00 0.00000000 0.00
1-A-LR 0.00 0.00 0.00000000 0.00
2-A-1 1,137,387.43 73,929,919.10 0.97093520 1,137,387.43
30-PO 18,828.75 1,804,614.92 0.98638481 18,828.75
30-IO 0.00 0.00 0.00000000 0.00
15-PO 2,230.01 573,953.37 0.98846250 2,230.01
15-IO 0.00 0.00 0.00000000 0.00
30-B-1 3,716.67 3,442,915.24 0.99679075 3,716.67
30-B-2 1,326.77 1,229,042.99 0.99679075 1,326.77
30-B-3 796.27 737,625.15 0.99679074 796.27
30-B-4 531.57 492,414.63 0.99679075 531.57
30-B-5 398.14 368,812.58 0.99679076 398.14
30-B-6 398.22 368,888.92 0.99679075 398.22
15-B-1 1,911.24 501,295.14 0.98874781 1,911.24
15-B-2 1,323.16 347,050.48 0.98874781 1,323.16
15-B-3 738.86 193,794.57 0.98874781 738.86
15-B-4 294.04 77,122.33 0.98874782 294.04
15-B-5 294.04 77,122.33 0.98874782 294.04
15-B-6 441.94 115,915.01 0.98874782 441.94
Totals 6,554,882.40 311,839,925.58 0.96028577 6,554,882.40
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 6,774,000.00 928.56947594 3.66498376 74.88597579 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 5,850,000.00 928.56947692 3.66498291 74.88597607 0.00000000
1-A-8 3,510,000.00 928.56947578 3.66498291 74.88597721 0.00000000
1-A-9 13,029,133.00 996.84826304 0.08798667 1.79782185 0.00000000
1-A-10 3,272,090.00 996.84826212 0.08798658 1.79782341 0.00000000
1-A-11 1,465,777.00 996.84826546 0.08798746 1.79782463 0.00000000
1-A-12 4,233,000.00 641.98568155 18.81585400 384.46108197 (2.94243326)
1-A-13 65,604,000.00 993.10740565 0.19452991 3.97479529 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 70,177,000.00 970.71430027 1.40634966 28.73569916 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 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 76,143,000.00 985.87272014 3.74446292 11.19305504 0.00000000
30-PO 1,829,524.24 996.67642556 1.13777121 9.15383881 0.00000000
30-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
15-PO 580,652.65 992.30302316 3.79765769 0.04286556 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
30-B-1 3,454,000.00 997.86679502 1.07604806 0.00000000 0.00000000
30-B-2 1,233,000.00 997.86679643 1.07605028 0.00000000 0.00000000
30-B-3 740,000.00 997.86679730 1.07604054 0.00000000 0.00000000
30-B-4 494,000.00 997.86680162 1.07605263 0.00000000 0.00000000
30-B-5 370,000.00 997.86678378 1.07605405 0.00000000 0.00000000
30-B-6 370,076.59 997.86679293 1.07604753 0.00000000 0.00000000
15-B-1 507,000.00 992.51751479 3.76970414 0.00000000 0.00000000
15-B-2 351,000.00 992.51749288 3.76968661 0.00000000 0.00000000
15-B-3 196,000.00 992.51750000 3.76969388 0.00000000 0.00000000
15-B-4 78,000.00 992.51756410 3.76974359 0.00000000 0.00000000
15-B-5 78,000.00 992.51756410 3.76974359 0.00000000 0.00000000
15-B-6 117,234.15 992.51753862 3.76972068 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 78.55095955 850.01851639 0.85001852 78.55095955
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 78.55096068 850.01851624 0.85001852 78.55096068
1-A-8 0.00000000 78.55096011 850.01851567 0.85001852 78.55096011
1-A-9 0.00000000 1.88580929 994.96245376 0.99496245 1.88580929
1-A-10 0.00000000 1.88580999 994.96245519 0.99496246 1.88580999
1-A-11 0.00000000 1.88581210 994.96245336 0.99496245 1.88581210
1-A-12 0.00000000 400.33450272 241.65117883 0.24165118 400.33450272
1-A-13 0.00000000 4.16932519 988.93808045 0.98893808 4.16932519
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 30.14204882 940.57225145 0.94057225 30.14204882
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 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 14.93751796 970.93520219 0.97093520 14.93751796
30-PO 0.00000000 10.29161002 986.38481007 0.98638481 10.29161002
30-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
15-PO 0.00000000 3.84052325 988.46249991 0.98846250 3.84052325
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
30-B-1 0.00000000 1.07604806 996.79074696 0.99679075 1.07604806
30-B-2 0.00000000 1.07605028 996.79074615 0.99679075 1.07605028
30-B-3 0.00000000 1.07604054 996.79074324 0.99679074 1.07604054
30-B-4 0.00000000 1.07605263 996.79074899 0.99679075 1.07605263
30-B-5 0.00000000 1.07605405 996.79075676 0.99679076 1.07605405
30-B-6 0.00000000 1.07604753 996.79074540 0.99679075 1.07604753
15-B-1 0.00000000 3.76970414 988.74781065 0.98874781 3.76970414
15-B-2 0.00000000 3.76968661 988.74780627 0.98874781 3.76968661
15-B-3 0.00000000 3.76969388 988.74780612 0.98874781 3.76969388
15-B-4 0.00000000 3.76974359 988.74782051 0.98874782 3.76974359
15-B-5 0.00000000 3.76974359 988.74782051 0.98874782 3.76974359
15-B-6 0.00000000 3.76972068 988.74781794 0.98874782 3.76972068
<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% 6,290,129.63 28,829.76 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 3.99000% 5,432,131.44 18,061.84 0.00 0.00
1-A-8 3,510,000.00 8.01667% 3,259,278.86 21,773.79 0.00 0.00
1-A-9 13,029,133.00 3.45000% 12,988,068.60 37,340.70 0.00 0.00
1-A-10 3,272,090.00 12.54298% 3,261,777.23 34,093.68 0.00 0.00
1-A-11 1,465,777.00 8.00000% 1,461,157.26 9,741.05 0.00 0.00
1-A-12 4,233,000.00 5.50000% 2,717,525.39 12,455.32 0.00 0.00
1-A-13 65,604,000.00 4.75000% 65,151,818.24 257,892.61 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% 9,799,402.61 42,872.39 0.00 0.00
1-A-20 0.00 5.50000% 4,160,128.07 19,067.25 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% 68,121,817.45 298,032.95 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% 0.00 0.00 0.00 0.00
1-A-LR 50.00 5.50000% 0.00 0.00 0.00 0.00
2-A-1 76,143,000.00 5.00000% 75,067,306.53 312,780.44 0.00 0.00
30-PO 1,829,524.24 0.00000% 1,823,443.68 0.00 0.00 0.00
30-IO 0.00 5.50000% 4,022,393.46 18,435.97 0.00 0.00
15-PO 580,652.65 0.00000% 576,183.38 0.00 0.00 0.00
15-IO 0.00 5.00000% 1,514,434.03 6,310.14 0.00 0.00
30-B-1 3,454,000.00 5.50000% 3,446,631.91 15,797.06 0.00 0.00
30-B-2 1,233,000.00 5.50000% 1,230,369.76 5,639.19 0.00 0.00
30-B-3 740,000.00 5.50000% 738,421.43 3,384.43 0.00 0.00
30-B-4 494,000.00 5.50000% 492,946.20 2,259.34 0.00 0.00
30-B-5 370,000.00 5.50000% 369,210.71 1,692.22 0.00 0.00
30-B-6 370,076.59 5.50000% 369,287.14 1,692.57 0.00 0.00
15-B-1 507,000.00 5.00000% 503,206.38 2,096.69 0.00 0.00
15-B-2 351,000.00 5.00000% 348,373.64 1,451.56 0.00 0.00
15-B-3 196,000.00 5.00000% 194,533.43 810.56 0.00 0.00
15-B-4 78,000.00 5.00000% 77,416.37 322.57 0.00 0.00
15-B-5 78,000.00 5.00000% 77,416.37 322.57 0.00 0.00
15-B-6 117,234.15 5.00000% 116,356.95 484.82 0.00 0.00
Totals 324,736,587.63 1,441,230.46 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 28,829.76 0.00 5,758,025.43
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 18,061.84 0.00 4,972,608.32
1-A-8 0.00 0.00 21,773.79 0.00 2,983,564.99
1-A-9 0.00 0.00 37,340.70 0.00 12,963,498.14
1-A-10 0.00 0.00 34,093.68 0.00 3,255,606.70
1-A-11 0.00 0.00 9,741.05 0.00 1,458,393.08
1-A-12 0.00 0.00 12,455.32 0.00 1,022,909.44
1-A-13 0.00 0.00 257,892.61 0.00 64,878,293.83
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 42,872.39 0.00 9,760,327.69
1-A-20 0.00 0.00 19,067.25 0.00 4,063,979.04
1-A-21 0.00 0.00 43,750.00 0.00 10,000,000.00
1-A-22 0.00 0.00 298,032.95 0.00 66,006,538.89
1-A-23 0.00 0.00 19,543.13 0.00 4,467,000.00
1-A-24 0.00 0.00 19,543.13 0.00 4,467,000.00
1-A-R 0.00 0.00 0.00 0.00 0.00
1-A-LR 0.00 0.00 0.03 0.00 0.00
2-A-1 0.00 0.00 312,780.44 0.00 73,929,919.10
30-PO 0.00 0.00 0.00 0.00 1,804,614.92
30-IO 0.00 0.00 18,435.97 0.00 3,880,298.51
15-PO 0.00 0.00 0.00 0.00 573,953.37
15-IO 0.00 0.00 6,310.14 0.00 1,446,606.03
30-B-1 0.00 0.00 15,797.06 0.00 3,442,915.24
30-B-2 0.00 0.00 5,639.19 0.00 1,229,042.99
30-B-3 0.00 0.00 3,384.43 0.00 737,625.15
30-B-4 0.00 0.00 2,259.34 0.00 492,414.63
30-B-5 0.00 0.00 1,692.22 0.00 368,812.58
30-B-6 0.00 0.00 1,692.57 0.00 368,888.92
15-B-1 0.00 0.00 2,096.69 0.00 501,295.14
15-B-2 0.00 0.00 1,451.56 0.00 347,050.48
15-B-3 0.00 0.00 810.56 0.00 193,794.57
15-B-4 0.00 0.00 322.57 0.00 77,122.33
15-B-5 0.00 0.00 322.57 0.00 77,122.33
15-B-6 0.00 0.00 484.82 0.00 115,915.01
Totals 0.00 0.00 1,441,230.49 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% 928.56947594 4.25594331 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 3.99000% 928.56947692 3.08749402 0.00000000 0.00000000
1-A-8 3,510,000.00 8.01667% 928.56947578 6.20335897 0.00000000 0.00000000
1-A-9 13,029,133.00 3.45000% 996.84826304 2.86593897 0.00000000 0.00000000
1-A-10 3,272,090.00 12.54298% 996.84826212 10.41954225 0.00000000 0.00000000
1-A-11 1,465,777.00 8.00000% 996.84826546 6.64565619 0.00000000 0.00000000
1-A-12 4,233,000.00 5.50000% 641.98568155 2.94243326 0.00000000 0.00000000
1-A-13 65,604,000.00 4.75000% 993.10740565 3.93105009 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% 993.45119728 4.34634935 0.00000000 0.00000000
1-A-20 0.00 5.50000% 978.03786489 4.48267269 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% 970.71430027 4.24687504 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% 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 76,143,000.00 5.00000% 985.87272014 4.10780295 0.00000000 0.00000000
30-PO 1,829,524.24 0.00000% 996.67642556 0.00000000 0.00000000 0.00000000
30-IO 0.00 5.50000% 945.10166771 4.33171597 0.00000000 0.00000000
15-PO 580,652.65 0.00000% 992.30302316 0.00000000 0.00000000 0.00000000
15-IO 0.00 5.00000% 969.75447059 4.04064248 0.00000000 0.00000000
30-B-1 3,454,000.00 5.50000% 997.86679502 4.57355530 0.00000000 0.00000000
30-B-2 1,233,000.00 5.50000% 997.86679643 4.57355231 0.00000000 0.00000000
30-B-3 740,000.00 5.50000% 997.86679730 4.57355405 0.00000000 0.00000000
30-B-4 494,000.00 5.50000% 997.86680162 4.57356275 0.00000000 0.00000000
30-B-5 370,000.00 5.50000% 997.86678378 4.57356757 0.00000000 0.00000000
30-B-6 370,076.59 5.50000% 997.86679293 4.57356679 0.00000000 0.00000000
15-B-1 507,000.00 5.00000% 992.51751479 4.13548323 0.00000000 0.00000000
15-B-2 351,000.00 5.00000% 992.51749288 4.13549858 0.00000000 0.00000000
15-B-3 196,000.00 5.00000% 992.51750000 4.13551020 0.00000000 0.00000000
15-B-4 78,000.00 5.00000% 992.51756410 4.13551282 0.00000000 0.00000000
15-B-5 78,000.00 5.00000% 992.51756410 4.13551282 0.00000000 0.00000000
15-B-6 117,234.15 5.00000% 992.51753862 4.13548441 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 4.25594331 0.00000000 850.01851639
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 3.08749402 0.00000000 850.01851624
1-A-8 0.00000000 0.00000000 6.20335897 0.00000000 850.01851567
1-A-9 0.00000000 0.00000000 2.86593897 0.00000000 994.96245376
1-A-10 0.00000000 0.00000000 10.41954225 0.00000000 994.96245519
1-A-11 0.00000000 0.00000000 6.64565619 0.00000000 994.96245336
1-A-12 0.00000000 0.00000000 2.94243326 0.00000000 241.65117883
1-A-13 0.00000000 0.00000000 3.93105009 0.00000000 988.93808045
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 4.34634935 0.00000000 989.48983070
1-A-20 0.00000000 0.00000000 4.48267269 0.00000000 955.43341848
1-A-21 0.00000000 0.00000000 4.37500000 0.00000000 1000.00000000
1-A-22 0.00000000 0.00000000 4.24687504 0.00000000 940.57225145
1-A-23 0.00000000 0.00000000 4.37500112 0.00000000 1000.00000000
1-A-24 0.00000000 0.00000000 4.37500112 0.00000000 1000.00000000
1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-LR 0.00000000 0.00000000 0.60000000 0.00000000 0.00000000
2-A-1 0.00000000 0.00000000 4.10780295 0.00000000 970.93520219
30-PO 0.00000000 0.00000000 0.00000000 0.00000000 986.38481007
30-IO 0.00000000 0.00000000 4.33171597 0.00000000 911.71503471
15-PO 0.00000000 0.00000000 0.00000000 0.00000000 988.46249991
15-IO 0.00000000 0.00000000 4.04064248 0.00000000 926.32140918
30-B-1 0.00000000 0.00000000 4.57355530 0.00000000 996.79074696
30-B-2 0.00000000 0.00000000 4.57355231 0.00000000 996.79074615
30-B-3 0.00000000 0.00000000 4.57355405 0.00000000 996.79074324
30-B-4 0.00000000 0.00000000 4.57356275 0.00000000 996.79074899
30-B-5 0.00000000 0.00000000 4.57356757 0.00000000 996.79075676
30-B-6 0.00000000 0.00000000 4.57356679 0.00000000 996.79074540
15-B-1 0.00000000 0.00000000 4.13548323 0.00000000 988.74781065
15-B-2 0.00000000 0.00000000 4.13549858 0.00000000 988.74780627
15-B-3 0.00000000 0.00000000 4.13551020 0.00000000 988.74780612
15-B-4 0.00000000 0.00000000 4.13551282 0.00000000 988.74782051
15-B-5 0.00000000 0.00000000 4.13551282 0.00000000 988.74782051
15-B-6 0.00000000 0.00000000 4.13548441 0.00000000 988.74781794
<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 1,823,443.68 1,804,614.92 98.63848101%
X-PO-2 0.00000% 0.00 0.00 576,183.38 573,953.37 98.84624999%
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 8,064,435.10
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 8,064,435.10
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 68,322.21
Payment of Interest and Principal 7,996,112.89
Total Withdrawals (Pool Distribution Amount) 8,064,435.10
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 66,332.25
Trustee Fee 1,989.96
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 68,322.21
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 1 0 0 0 1
482,761.16 0.00 0.00 0.00 482,761.16
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 1 0 0 0 1
482,761.16 0.00 0.00 0.00 482,761.16
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 0.162866% 0.000000% 0.000000% 0.000000% 0.162866%
0.154603% 0.000000% 0.000000% 0.000000% 0.154603%
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 0.162866% 0.000000% 0.000000% 0.000000% 0.162866%
0.154603% 0.000000% 0.000000% 0.000000% 0.154603%
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 1 0 0 0 1
482,761.16 0.00 0.00 0.00 482,761.16
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 1 0 0 0 1
482,761.16 0.00 0.00 0.00 482,761.16
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.208333% 0.000000% 0.000000% 0.000000% 0.208333%
0.204369% 0.000000% 0.000000% 0.000000% 0.204369%
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 0.208333% 0.000000% 0.000000% 0.000000% 0.208333%
0.204369% 0.000000% 0.000000% 0.000000% 0.204369%
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 2,761.09
COLLATERAL STATEMENT
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 5.689350%
Weighted Average Net Coupon 5.439350%
Weighted Average Pass-Through Rate 5.431850%
Weighted Average Maturity(Stepdown Calculation ) 264
Beginning Scheduled Collateral Loan Count 625
Number Of Loans Paid In Full 11
Ending Scheduled Collateral Loan Count 614
Beginning Scheduled Collateral Balance 318,394,807.96
Ending Scheduled Collateral Balance 311,839,925.58
Ending Actual Collateral Balance at 31-Mar-2005 312,258,698.47
Monthly P &I Constant 2,062,337.55
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Scheduled Principal 552,788.08
Unscheduled Principal 6,002,094.30
Miscellaneous Reporting
Senior % 97.479655%
Subordinate % 2.520345%
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 5.807581 5.318445 5.689350
Weighted Average Net Rate 5.557581 5.068445 5.439350
Weighted Average Maturity 354 175 264
Beginning Loan Count 489 136 625
Loans Paid In Full 9 2 11
Ending Loan Count 480 134 614
Beginning Scheduled Balance 241,434,014.92 76,960,793.04 318,394,807.96
Ending scheduled Balance 236,023,753.26 75,816,172.32 311,839,925.58
Record Date 03/31/2005 03/31/2005 03/31/2005
Principal And Interest Constant 1,428,921.36 633,416.19 2,062,337.55
Scheduled Principal 260,465.04 292,323.04 552,788.08
Unscheduled Principal 5,149,796.62 852,297.68 6,002,094.30
Scheduled Interest 1,168,456.32 341,093.15 1,509,549.47
Servicing Fees 50,298.75 16,033.50 66,332.25
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,508.96 481.00 1,989.96
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 1,116,648.61 324,578.65 1,441,227.26
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 5.550081 5.060945 5.431850
Miscellaneous Reporting
Group 1 - 30 Year Fixed
CPR 22.818638%
Subordinate % 2.774029%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 97.225971%
Group 2 - 15 Year Fixed
CPR 12.553849%
Subordinate % 1.724566%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 98.275434%