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): May 25, 2005
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2005-D Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-118843-19 54-2173100
Pooling and Servicing Agreement) (Commission 54-2173101
(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 May 25, 2005 a distribution was made to holders of BANC OF AMERICA MORTGAGE
SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2005-D Trust.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of
Mortgage Pass-Through Certificates,
Series 2005-D Trust, relating to the May
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 Pass-Through Certificates, Series 2005-D Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Officer
By: Beth Belfield as Officer
Date: 5/26/05
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2005-D Trust,
relating to the May 25, 2005 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 4/29/05
Distribution Date: 5/25/05
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Series BOAMS2005-D
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 05949A4G2 SEN 4.50588% 36,768,000.00 138,060.08 1,088,212.59
1-A-2 05949A4H0 SEN 4.50588% 1,400,000.00 5,256.86 41,435.42
1-A-R 05949A4J6 SEN 4.50588% 100.00 0.38 100.00
2-A-1 05949A4K3 SEN 4.80045% 25,000,000.00 100,009.46 145,541.05
2-A-2 05949A4L1 SEN 4.80045% 102,628,000.00 410,550.82 2,319,540.18
2-A-3 05949A4M9 SEN 4.80045% 41,212,000.00 164,863.59 0.00
2-A-4 05949A4N7 SEN 4.80045% 71,406,000.00 285,651.01 0.00
2-A-5 05949A4P2 SEN 4.80045% 44,652,000.00 178,624.89 0.00
2-A-6 05949A4Q0 SEN 4.80045% 46,315,000.00 185,277.52 0.00
2-A-7 05949A4R8 SEN 4.80045% 92,221,000.00 368,918.88 0.00
3-A-1 05949A4S6 SEN 5.12782% 29,879,000.00 127,678.45 14,879.08
1-IO 05949A4Z0 SEN 0.27100% 0.00 8,932.27 0.00
B-1 05949A4T4 SUB 4.79748% 9,167,000.00 36,648.76 3,753.87
B-2 05949A4U1 SUB 4.79748% 3,311,000.00 13,237.05 1,355.85
B-3 05949A4V9 SUB 4.79748% 2,292,000.00 9,163.19 938.57
B-4 05949A4W7 SUB 4.79748% 1,018,000.00 4,069.86 416.87
B-5 05949A4X5 SUB 4.79748% 764,000.00 3,054.40 312.86
B-6 05949A4Y3 SUB 4.79748% 1,274,195.00 5,094.11 521.78
Totals 509,307,295.00 2,045,091.58 3,617,008.12
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 35,679,787.41 1,226,272.67 0.00
1-A-2 0.00 1,358,564.58 46,692.28 0.00
1-A-R 0.00 0.00 100.38 0.00
2-A-1 0.00 24,854,458.95 245,550.51 0.00
2-A-2 0.00 100,308,459.82 2,730,091.00 0.00
2-A-3 0.00 41,212,000.00 164,863.59 0.00
2-A-4 0.00 71,406,000.00 285,651.01 0.00
2-A-5 0.00 44,652,000.00 178,624.89 0.00
2-A-6 0.00 46,315,000.00 185,277.52 0.00
2-A-7 0.00 92,221,000.00 368,918.88 0.00
3-A-1 0.00 29,864,120.92 142,557.53 0.00
1-IO 0.00 0.00 8,932.27 0.00
B-1 0.00 9,163,246.13 40,402.63 0.00
B-2 0.00 3,309,644.15 14,592.90 0.00
B-3 0.00 2,291,061.43 10,101.76 0.00
B-4 0.00 1,017,583.13 4,486.73 0.00
B-5 0.00 763,687.14 3,367.26 0.00
B-6 0.00 1,273,673.22 5,615.89 0.00
Totals 0.00 505,690,286.88 5,662,099.70 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 36,768,000.00 36,768,000.00 21,769.78 1,066,442.82 0.00 0.00
1-A-2 1,400,000.00 1,400,000.00 828.92 40,606.50 0.00 0.00
1-A-R 100.00 100.00 2.00 98.00 0.00 0.00
2-A-1 25,000,000.00 25,000,000.00 9,676.50 135,864.55 0.00 0.00
2-A-2 102,628,000.00 102,628,000.00 154,217.94 2,165,322.24 0.00 0.00
2-A-3 41,212,000.00 41,212,000.00 0.00 0.00 0.00 0.00
2-A-4 71,406,000.00 71,406,000.00 0.00 0.00 0.00 0.00
2-A-5 44,652,000.00 44,652,000.00 0.00 0.00 0.00 0.00
2-A-6 46,315,000.00 46,315,000.00 0.00 0.00 0.00 0.00
2-A-7 92,221,000.00 92,221,000.00 0.00 0.00 0.00 0.00
3-A-1 29,879,000.00 29,879,000.00 14,765.00 114.08 0.00 0.00
1-IO 0.00 0.00 0.00 0.00 0.00 0.00
B-1 9,167,000.00 9,167,000.00 3,753.87 0.00 0.00 0.00
B-2 3,311,000.00 3,311,000.00 1,355.85 0.00 0.00 0.00
B-3 2,292,000.00 2,292,000.00 938.57 0.00 0.00 0.00
B-4 1,018,000.00 1,018,000.00 416.87 0.00 0.00 0.00
B-5 764,000.00 764,000.00 312.86 0.00 0.00 0.00
B-6 1,274,195.00 1,274,195.00 521.78 0.00 0.00 0.00
Totals 509,307,295.00 509,307,295.00 208,559.94 3,408,448.19 0.00 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
1-A-1 1,088,212.59 35,679,787.41 0.97040327 1,088,212.59
1-A-2 41,435.42 1,358,564.58 0.97040327 41,435.42
1-A-R 100.00 0.00 0.00000000 100.00
2-A-1 145,541.05 24,854,458.95 0.99417836 145,541.05
2-A-2 2,319,540.18 100,308,459.82 0.97739856 2,319,540.18
2-A-3 0.00 41,212,000.00 1.00000000 0.00
2-A-4 0.00 71,406,000.00 1.00000000 0.00
2-A-5 0.00 44,652,000.00 1.00000000 0.00
2-A-6 0.00 46,315,000.00 1.00000000 0.00
2-A-7 0.00 92,221,000.00 1.00000000 0.00
3-A-1 14,879.08 29,864,120.92 0.99950202 14,879.08
1-IO 0.00 0.00 0.00000000 0.00
B-1 3,753.87 9,163,246.13 0.99959050 3,753.87
B-2 1,355.85 3,309,644.15 0.99959050 1,355.85
B-3 938.57 2,291,061.43 0.99959050 938.57
B-4 416.87 1,017,583.13 0.99959050 416.87
B-5 312.86 763,687.14 0.99959050 312.86
B-6 521.78 1,273,673.22 0.99959050 521.78
Totals 3,617,008.12 505,690,286.88 0.99289818 3,617,008.12
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 36,768,000.00 1000.00000000 0.59208497 29.00464589 0.00000000
1-A-2 1,400,000.00 1000.00000000 0.59208571 29.00464286 0.00000000
1-A-R 100.00 1000.00000000 20.00000000 980.00000000 0.00000000
2-A-1 25,000,000.00 1000.00000000 0.38706000 5.43458200 0.00000000
2-A-2 102,628,000.00 1000.00000000 1.50268874 21.09874732 0.00000000
2-A-3 41,212,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A-4 71,406,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A-5 44,652,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A-6 46,315,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A-7 92,221,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
3-A-1 29,879,000.00 1000.00000000 0.49415978 0.00381807 0.00000000
1-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
B-1 9,167,000.00 1000.00000000 0.40949820 0.00000000 0.00000000
B-2 3,311,000.00 1000.00000000 0.40949864 0.00000000 0.00000000
B-3 2,292,000.00 1000.00000000 0.40949825 0.00000000 0.00000000
B-4 1,018,000.00 1000.00000000 0.40949902 0.00000000 0.00000000
B-5 764,000.00 1000.00000000 0.40950262 0.00000000 0.00000000
B-6 1,274,195.00 1000.00000000 0.40949776 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 29.59673058 970.40326942 0.97040327 29.59673058
1-A-2 0.00000000 29.59672857 970.40327143 0.97040327 29.59672857
1-A-R 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000
2-A-1 0.00000000 5.82164200 994.17835800 0.99417836 5.82164200
2-A-2 0.00000000 22.60143606 977.39856394 0.97739856 22.60143606
2-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
3-A-1 0.00000000 0.49797784 999.50202216 0.99950202 0.49797784
1-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-1 0.00000000 0.40949820 999.59050180 0.99959050 0.40949820
B-2 0.00000000 0.40949864 999.59050136 0.99959050 0.40949864
B-3 0.00000000 0.40949825 999.59050175 0.99959050 0.40949825
B-4 0.00000000 0.40949902 999.59050098 0.99959050 0.40949902
B-5 0.00000000 0.40950262 999.59049738 0.99959050 0.40950262
B-6 0.00000000 0.40949776 999.59050224 0.99959050 0.40949776
<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 36,768,000.00 4.50588% 36,768,000.00 138,060.08 0.00 0.00
1-A-2 1,400,000.00 4.50588% 1,400,000.00 5,256.86 0.00 0.00
1-A-R 100.00 4.50588% 100.00 0.38 0.00 0.00
2-A-1 25,000,000.00 4.80045% 25,000,000.00 100,009.46 0.00 0.00
2-A-2 102,628,000.00 4.80045% 102,628,000.00 410,550.82 0.00 0.00
2-A-3 41,212,000.00 4.80045% 41,212,000.00 164,863.59 0.00 0.00
2-A-4 71,406,000.00 4.80045% 71,406,000.00 285,651.01 0.00 0.00
2-A-5 44,652,000.00 4.80045% 44,652,000.00 178,624.89 0.00 0.00
2-A-6 46,315,000.00 4.80045% 46,315,000.00 185,277.52 0.00 0.00
2-A-7 92,221,000.00 4.80045% 92,221,000.00 368,918.88 0.00 0.00
3-A-1 29,879,000.00 5.12782% 29,879,000.00 127,678.45 0.00 0.00
1-IO 0.00 0.27100% 39,552,465.46 8,932.27 0.00 0.00
B-1 9,167,000.00 4.79748% 9,167,000.00 36,648.76 0.00 0.00
B-2 3,311,000.00 4.79748% 3,311,000.00 13,237.05 0.00 0.00
B-3 2,292,000.00 4.79748% 2,292,000.00 9,163.19 0.00 0.00
B-4 1,018,000.00 4.79748% 1,018,000.00 4,069.86 0.00 0.00
B-5 764,000.00 4.79748% 764,000.00 3,054.40 0.00 0.00
B-6 1,274,195.00 4.79748% 1,274,195.00 5,094.11 0.00 0.00
Totals 509,307,295.00 2,045,091.58 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 0.00 138,060.08 0.00 35,679,787.41
1-A-2 0.00 0.00 5,256.86 0.00 1,358,564.58
1-A-R 0.00 0.00 0.38 0.00 0.00
2-A-1 0.00 0.00 100,009.46 0.00 24,854,458.95
2-A-2 0.00 0.00 410,550.82 0.00 100,308,459.82
2-A-3 0.00 0.00 164,863.59 0.00 41,212,000.00
2-A-4 0.00 0.00 285,651.01 0.00 71,406,000.00
2-A-5 0.00 0.00 178,624.89 0.00 44,652,000.00
2-A-6 0.00 0.00 185,277.52 0.00 46,315,000.00
2-A-7 0.00 0.00 368,918.88 0.00 92,221,000.00
3-A-1 0.00 0.00 127,678.45 0.00 29,864,120.92
1-IO 0.00 0.00 8,932.27 0.00 38,421,897.71
B-1 0.00 0.00 36,648.76 0.00 9,163,246.13
B-2 0.00 0.00 13,237.05 0.00 3,309,644.15
B-3 0.00 0.00 9,163.19 0.00 2,291,061.43
B-4 0.00 0.00 4,069.86 0.00 1,017,583.13
B-5 0.00 0.00 3,054.40 0.00 763,687.14
B-6 0.00 0.00 5,094.11 0.00 1,273,673.22
Totals 0.00 0.00 2,045,091.58 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 36,768,000.00 4.50588% 1000.00000000 3.75489774 0.00000000 0.00000000
1-A-2 1,400,000.00 4.50588% 1000.00000000 3.75490000 0.00000000 0.00000000
1-A-R 100.00 4.50588% 1000.00000000 3.80000000 0.00000000 0.00000000
2-A-1 25,000,000.00 4.80045% 1000.00000000 4.00037840 0.00000000 0.00000000
2-A-2 102,628,000.00 4.80045% 1000.00000000 4.00037826 0.00000000 0.00000000
2-A-3 41,212,000.00 4.80045% 1000.00000000 4.00037829 0.00000000 0.00000000
2-A-4 71,406,000.00 4.80045% 1000.00000000 4.00037826 0.00000000 0.00000000
2-A-5 44,652,000.00 4.80045% 1000.00000000 4.00037826 0.00000000 0.00000000
2-A-6 46,315,000.00 4.80045% 1000.00000000 4.00037828 0.00000000 0.00000000
2-A-7 92,221,000.00 4.80045% 1000.00000000 4.00037822 0.00000000 0.00000000
3-A-1 29,879,000.00 5.12782% 1000.00000000 4.27318351 0.00000000 0.00000000
1-IO 0.00 0.27100% 1000.00000000 0.22583346 0.00000000 0.00000000
B-1 9,167,000.00 4.79748% 1000.00000000 3.99790117 0.00000000 0.00000000
B-2 3,311,000.00 4.79748% 1000.00000000 3.99790094 0.00000000 0.00000000
B-3 2,292,000.00 4.79748% 1000.00000000 3.99790140 0.00000000 0.00000000
B-4 1,018,000.00 4.79748% 1000.00000000 3.99789784 0.00000000 0.00000000
B-5 764,000.00 4.79748% 1000.00000000 3.99790576 0.00000000 0.00000000
B-6 1,274,195.00 4.79748% 1000.00000000 3.99790456 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 3.75489774 0.00000000 970.40326942
1-A-2 0.00000000 0.00000000 3.75490000 0.00000000 970.40327143
1-A-R 0.00000000 0.00000000 3.80000000 0.00000000 0.00000000
2-A-1 0.00000000 0.00000000 4.00037840 0.00000000 994.17835800
2-A-2 0.00000000 0.00000000 4.00037826 0.00000000 977.39856394
2-A-3 0.00000000 0.00000000 4.00037829 0.00000000 1000.00000000
2-A-4 0.00000000 0.00000000 4.00037826 0.00000000 1000.00000000
2-A-5 0.00000000 0.00000000 4.00037826 0.00000000 1000.00000000
2-A-6 0.00000000 0.00000000 4.00037828 0.00000000 1000.00000000
2-A-7 0.00000000 0.00000000 4.00037822 0.00000000 1000.00000000
3-A-1 0.00000000 0.00000000 4.27318351 0.00000000 999.50202216
1-IO 0.00000000 0.00000000 0.22583346 0.00000000 971.41599805
B-1 0.00000000 0.00000000 3.99790117 0.00000000 999.59050180
B-2 0.00000000 0.00000000 3.99790094 0.00000000 999.59050136
B-3 0.00000000 0.00000000 3.99790140 0.00000000 999.59050175
B-4 0.00000000 0.00000000 3.99789784 0.00000000 999.59050098
B-5 0.00000000 0.00000000 3.99790576 0.00000000 999.59049738
B-6 0.00000000 0.00000000 3.99790456 0.00000000 999.59050224
<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 ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 5,772,580.48
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 5,772,580.48
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 110,480.78
Payment of Interest and Principal 5,662,099.70
Total Withdrawals (Pool Distribution Amount) 5,772,580.48
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 110,225.99
Trustee Fee - Wells Fargo Bank, N.A. 254.79
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 110,480.78
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1- Three Year ARM No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
2- Five Year ARM No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
3- Seven Year ARM No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 0.00
COLLATERAL STATEMENT
Collateral Description Mixed ARM
Weighted Average Gross Coupon 5.078832%
Weighted Average Net Coupon 4.819125%
Weighted Average Pass-Through Rate 4.818525%
Weighted Average Maturity(Stepdown Calculation ) 358
Beginning Scheduled Collateral Loan Count 1,066
Number Of Loans Paid In Full 6
Ending Scheduled Collateral Loan Count 1,060
Beginning Scheduled Collateral Balance 509,307,295.00
Ending Scheduled Collateral Balance 505,690,287.85
Ending Actual Collateral Balance at 29-Apr-2005 505,840,866.97
Monthly P &I Constant 2,364,131.86
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Scheduled Principal 208,559.93
Unscheduled Principal 3,408,448.19
Ancillary Fees $639.24
Miscellaneous Reporting
Total Senior Percentage 96.499914%
Aggregate Senior Percentage 3.500086%
Group Level Collateral Statement
Group 1- Three Year ARM 2- Five Year ARM 3- Seven Year ARM
Collateral Description Mixed ARM Mixed ARM Mixed ARM
Weighted Average Coupon Rate 5.152476 5.051054 5.378421
Weighted Average Net Rate 4.777476 4.801054 5.128421
Weighted Average Maturity 356 358 358
Beginning Loan Count 102 900 64
Loans Paid In Full 3 3 0
Ending Loan Count 99 897 64
Beginning Scheduled Balance 39,552,465.46 438,791,971.43 30,962,859.08
Ending Scheduled Balance 38,421,897.71 436,320,945.74 30,947,444.40
Record Date 04/29/2005 04/29/2005 04/29/2005
Principal And Interest Constant 193,248.05 2,016,807.13 154,076.68
Scheduled Principal 23,420.43 169,838.90 15,300.60
Unscheduled Principal 1,107,147.32 2,301,186.79 114.08
Scheduled Interest 169,827.62 1,846,968.23 138,776.08
Servicing Fees 12,360.15 91,414.99 6,450.60
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 19.78 219.40 15.48
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 157,447.69 1,755,333.84 132,310.00
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 4.776876 4.800454 5.127821
Group Level Collateral Statement
Group Total
Collateral Description Mixed ARM
Weighted Average Coupon Rate 5.078832
Weighted Average Net Rate 4.819125
Weighted Average Maturity 358
Beginning Loan Count 1,066
Loans Paid In Full 6
Ending Loan Count 1,060
Beginning Scheduled Balance 509,307,295.97
Ending Scheduled Balance 505,690,287.85
Record Date 04/29/2005
Principal And Interest Constant 2,364,131.86
Scheduled Principal 208,559.93
Unscheduled Principal 3,408,448.19
Scheduled Interest 2,155,571.93
Servicing Fees 110,225.74
Master Servicing Fees 0.00
Trustee Fee 254.66
FRY Amount 0.00
Special Hazard Fee 0.00
Other Fee 0.00
Pool Insurance Fee 0.00
Spread Fee 1 0.00
Spread Fee 2 0.00
Spread Fee 3 0.00
Net Interest 2,045,091.53
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Percentage of Cumulative Losses 0.0000
Prepayment Penalties 0.00
Special Servicing Fee 0.00
Pass-Through Rate 4.818525
Miscellaneous Reporting
Group 1- Three Year ARM
CPR 28.886858%
Subordinate Percentage 3.500073%
Subordinate Prepayment Percentage 0.000000%
Senior Prepayment Percentage 100.000000%
Senior Percentage 96.499927%
Group 2- Five Year ARM
CPR 6.117156%
Subordinate Percentage 3.500057%
Subordinate Prepayment Percentage 0.000000%
Senior Prepayment Percentage 100.000000%
Senior Percentage 96.499943%
Group 3- Seven Year ARM
CPR 0.004423%
Subordinate Percentage 3.500513%
Subordinate Prepayment Percentage 0.000000%
Senior Prepayment Percentage 100.000000%
Senior Percentage 96.499487%