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): June 27, 2005
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2005-A Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-118843-10
Pooling and Servicing Agreement) (Commission 54-2165626
(State or other File Number) 54-2165627
jurisdiction IRS EIN
of Incorporation)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (410) 884-2000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
On June 27, 2005 a distribution was made to holders of BANC OF AMERICA
MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2005-A
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-A Trust, relating to the
June 27, 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-A Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Officer
By: Beth Belfield as Officer
Date: 6/28/2005
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2005-A Trust,
relating to the June 27, 2005 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 5/31/2005
Distribution Date: 6/27/2005
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Series 2005-A
Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
www.ctslink.com
Telephone: (301) 815-6600
Fax: (301) 815-6660
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest
Class CUSIP Description Rate Balance Distribution
<s> <c> <c> <c> <c> <c>
1A1 05949AH52 SEN 4.07827% 93,109,293.06 316,437.60
1AR 05949AH60 SEN 4.07651% 0.00 0.00
1ALR 05949AH78 SEN 4.07651% 0.00 0.00
2A1 05949AH86 SEN 4.48048% 232,416,471.07 867,780.23
2A2 05949AH94 SEN 4.48048% 136,100,083.15 508,160.89
2A3 05949AJ27 SEN 4.48048% 4,790,529.88 17,886.54
3A1 05949AJ35 SEN 5.05838% 37,019,296.81 156,048.15
4A1 05949AJ43 SEN 5.22125% 42,136,934.02 183,339.52
1IO 05949AJ84 SEN 0.31700% 0.00 25,515.95
2IO 05949AJ92 SEN 0.17100% 0.00 55,132.16
4IO 05949AK25 SEN 0.03230% 0.00 1,175.38
B1 05949AJ50 SUB 4.50627% 10,561,326.15 39,660.14
B2 05949AJ68 SUB 4.50627% 3,813,174.64 14,319.32
B3 05949AJ76 SUB 4.50627% 2,052,787.29 7,708.67
B4 05949AK33 SUB 4.50627% 1,466,989.46 5,508.87
B5 05949AK41 SUB 4.50627% 880,193.67 3,305.32
B6 05949AK58 SUB 4.50627% 1,173,497.75 4,406.75
Totals 565,520,576.95 2,206,385.49
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Principal Realized Certificate Total Realized
Class Distribution Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1A1 2,279,934.84 0.00 90,829,358.22 2,596,372.44 0.00
1AR 0.00 0.00 0.00 0.00 0.00
1ALR 0.00 0.00 0.00 0.00 0.00
2A1 1,923,580.08 0.00 230,492,891.00 2,791,360.31 0.00
2A2 1,126,423.65 0.00 134,973,659.51 1,634,584.54 0.00
2A3 39,648.51 0.00 4,750,881.36 57,535.05 0.00
3A1 21,728.66 0.00 36,997,568.15 177,776.81 0.00
4A1 85,137.47 0.00 42,051,796.55 268,476.99 0.00
1IO 0.00 0.00 0.00 25,515.95 0.00
2IO 0.00 0.00 0.00 55,132.16 0.00
4IO 0.00 0.00 0.00 1,175.38 0.00
B1 5,537.17 0.00 10,555,788.98 45,197.31 0.00
B2 1,999.20 0.00 3,811,175.44 16,318.52 0.00
B3 1,076.25 0.00 2,051,711.04 8,784.92 0.00
B4 769.12 0.00 1,466,220.33 6,277.99 0.00
B5 461.47 0.00 879,732.20 3,766.79 0.00
B6 615.25 0.00 1,172,882.50 5,022.00 0.00
Totals 5,486,911.67 0.00 560,033,665.28 7,693,297.16 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>
1A1 99,118,000.00 93,109,293.06 52,799.72 2,227,135.12 0.00 0.00
1AR 50.00 0.00 0.00 0.00 0.00 0.00
1ALR 50.00 0.00 0.00 0.00 0.00 0.00
2A1 240,784,000.00 232,416,471.07 121,630.01 1,801,950.06 0.00 0.00
2A2 141,000,000.00 136,100,083.15 71,224.97 1,055,198.68 0.00 0.00
2A3 4,963,000.00 4,790,529.88 2,507.02 37,141.50 0.00 0.00
3A1 38,460,000.00 37,019,296.81 20,178.90 1,549.76 0.00 0.00
4A1 43,554,000.00 42,136,934.02 17,576.55 67,560.92 0.00 0.00
1IO 0.00 0.00 0.00 0.00 0.00 0.00
2IO 0.00 0.00 0.00 0.00 0.00 0.00
4IO 0.00 0.00 0.00 0.00 0.00 0.00
B1 10,583,000.00 10,561,326.15 5,537.17 0.00 0.00 0.00
B2 3,821,000.00 3,813,174.64 1,999.20 0.00 0.00 0.00
B3 2,057,000.00 2,052,787.29 1,076.25 0.00 0.00 0.00
B4 1,470,000.00 1,466,989.46 769.12 0.00 0.00 0.00
B5 882,000.00 880,193.67 461.47 0.00 0.00 0.00
B6 1,175,905.98 1,173,497.75 615.25 0.00 0.00 0.00
Totals 587,868,005.98 565,520,576.95 296,375.63 5,190,536.04 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>
1A1 2,279,934.84 90,829,358.22 0.91637602 2,279,934.84
1AR 0.00 0.00 0.00000000 0.00
1ALR 0.00 0.00 0.00000000 0.00
2A1 1,923,580.08 230,492,891.00 0.95726000 1,923,580.08
2A2 1,126,423.65 134,973,659.51 0.95726000 1,126,423.65
2A3 39,648.51 4,750,881.36 0.95726000 39,648.51
3A1 21,728.66 36,997,568.15 0.96197525 21,728.66
4A1 85,137.47 42,051,796.55 0.96550940 85,137.47
1IO 0.00 0.00 0.00000000 0.00
2IO 0.00 0.00 0.00000000 0.00
4IO 0.00 0.00 0.00000000 0.00
B1 5,537.17 10,555,788.98 0.99742880 5,537.17
B2 1,999.20 3,811,175.44 0.99742880 1,999.20
B3 1,076.25 2,051,711.04 0.99742880 1,076.25
B4 769.12 1,466,220.33 0.99742880 769.12
B5 461.47 879,732.20 0.99742880 461.47
B6 615.25 1,172,882.50 0.99742881 615.25
Totals 5,486,911.67 560,033,665.28 0.95265206 5,486,911.67
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>
1A1 99,118,000.00 939.37824674 0.53269557 22.46953248 0.00000000
1AR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
1ALR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
2A1 240,784,000.00 965.24881666 0.50514158 7.48367857 0.00000000
2A2 141,000,000.00 965.24881667 0.50514163 7.48367858 0.00000000
2A3 4,963,000.00 965.24881725 0.50514205 7.48367923 0.00000000
3A1 38,460,000.00 962.54021867 0.52467239 0.04029537 0.00000000
4A1 43,554,000.00 967.46415989 0.40355765 1.55119897 0.00000000
1IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
4IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
B1 10,583,000.00 997.95201266 0.52321364 0.00000000 0.00000000
B2 3,821,000.00 997.95201256 0.52321382 0.00000000 0.00000000
B3 2,057,000.00 997.95201264 0.52321342 0.00000000 0.00000000
B4 1,470,000.00 997.95201361 0.52321088 0.00000000 0.00000000
B5 882,000.00 997.95200680 0.52320862 0.00000000 0.00000000
B6 1,175,905.98 997.95202164 0.52321360 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>
1A1 0.00000000 23.00222805 916.37601868 0.91637602 23.00222805
1AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2A1 0.00000000 7.98882019 957.25999651 0.95726000 7.98882019
2A2 0.00000000 7.98882021 957.25999652 0.95726000 7.98882021
2A3 0.00000000 7.98881926 957.25999597 0.95726000 7.98881926
3A1 0.00000000 0.56496776 961.97525091 0.96197525 0.56496776
4A1 0.00000000 1.95475662 965.50940327 0.96550940 1.95475662
1IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
4IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B1 0.00000000 0.52321364 997.42879902 0.99742880 0.52321364
B2 0.00000000 0.52321382 997.42879874 0.99742880 0.52321382
B3 0.00000000 0.52321342 997.42879922 0.99742880 0.52321342
B4 0.00000000 0.52321088 997.42879592 0.99742880 0.52321088
B5 0.00000000 0.52320862 997.42879819 0.99742880 0.52320862
B6 0.00000000 0.52321360 997.42880804 0.99742881 0.52321360
<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>
1A1 99,118,000.00 4.07827% 93,109,293.06 316,437.60 0.00 0.00
1AR 50.00 4.07651% 0.00 0.00 0.00 0.00
1ALR 50.00 4.07651% 0.00 0.00 0.00 0.00
2A1 240,784,000.00 4.48048% 232,416,471.07 867,780.23 0.00 0.00
2A2 141,000,000.00 4.48048% 136,100,083.15 508,160.89 0.00 0.00
2A3 4,963,000.00 4.48048% 4,790,529.88 17,886.54 0.00 0.00
3A1 38,460,000.00 5.05838% 37,019,296.81 156,048.15 0.00 0.00
4A1 43,554,000.00 5.22125% 42,136,934.02 183,339.52 0.00 0.00
1IO 0.00 0.31700% 96,590,339.14 25,515.95 0.00 0.00
2IO 0.00 0.17100% 386,892,376.78 55,132.16 0.00 0.00
4IO 0.00 0.03230% 43,667,468.29 1,175.38 0.00 0.00
B1 10,583,000.00 4.50627% 10,561,326.15 39,660.14 0.00 0.00
B2 3,821,000.00 4.50627% 3,813,174.64 14,319.32 0.00 0.00
B3 2,057,000.00 4.50627% 2,052,787.29 7,708.67 0.00 0.00
B4 1,470,000.00 4.50627% 1,466,989.46 5,508.87 0.00 0.00
B5 882,000.00 4.50627% 880,193.67 3,305.32 0.00 0.00
B6 1,175,905.98 4.50627% 1,173,497.75 4,406.75 0.00 0.00
Totals 587,868,005.98 2,206,385.49 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>
1A1 0.00 0.00 316,437.60 0.00 90,829,358.22
1AR 0.00 0.00 0.00 0.00 0.00
1ALR 0.00 0.00 0.00 0.00 0.00
2A1 0.00 0.00 867,780.23 0.00 230,492,891.00
2A2 0.00 0.00 508,160.89 0.00 134,973,659.51
2A3 0.00 0.00 17,886.54 0.00 4,750,881.36
3A1 0.00 0.00 156,048.15 0.00 36,997,568.15
4A1 0.00 0.00 183,339.52 0.00 42,051,796.55
1IO 0.00 0.00 25,515.95 0.00 94,308,430.30
2IO 0.00 0.00 55,132.16 0.00 383,795,614.98
4IO 0.00 0.00 1,175.38 0.00 43,581,692.39
B1 0.00 0.00 39,660.14 0.00 10,555,788.98
B2 0.00 0.00 14,319.32 0.00 3,811,175.44
B3 0.00 0.00 7,708.67 0.00 2,051,711.04
B4 0.00 0.00 5,508.87 0.00 1,466,220.33
B5 0.00 0.00 3,305.32 0.00 879,732.20
B6 0.00 0.00 4,406.75 0.00 1,172,882.50
Totals 0.00 0.00 2,206,385.49 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>
1A1 99,118,000.00 4.07827% 939.37824674 3.19253415 0.00000000 0.00000000
1AR 50.00 4.07651% 0.00000000 0.00000000 0.00000000 0.00000000
1ALR 50.00 4.07651% 0.00000000 0.00000000 0.00000000 0.00000000
2A1 240,784,000.00 4.48048% 965.24881666 3.60397796 0.00000000 0.00000000
2A2 141,000,000.00 4.48048% 965.24881667 3.60397794 0.00000000 0.00000000
2A3 4,963,000.00 4.48048% 965.24881725 3.60397743 0.00000000 0.00000000
3A1 38,460,000.00 5.05838% 962.54021867 4.05741420 0.00000000 0.00000000
4A1 43,554,000.00 5.22125% 967.46415989 4.20947605 0.00000000 0.00000000
1IO 0.00 0.31700% 941.36382287 0.24867696 0.00000000 0.00000000
2IO 0.00 0.17100% 966.36107918 0.13770644 0.00000000 0.00000000
4IO 0.00 0.03230% 968.51390664 0.02606911 0.00000000 0.00000000
B1 10,583,000.00 4.50627% 997.95201266 3.74753284 0.00000000 0.00000000
B2 3,821,000.00 4.50627% 997.95201256 3.74753206 0.00000000 0.00000000
B3 2,057,000.00 4.50627% 997.95201264 3.74753038 0.00000000 0.00000000
B4 1,470,000.00 4.50627% 997.95201361 3.74753061 0.00000000 0.00000000
B5 882,000.00 4.50627% 997.95200680 3.74752834 0.00000000 0.00000000
B6 1,175,905.98 4.50627% 997.95202164 3.74753601 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>
1A1 0.00000000 0.00000000 3.19253415 0.00000000 916.37601868
1AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2A1 0.00000000 0.00000000 3.60397796 0.00000000 957.25999651
2A2 0.00000000 0.00000000 3.60397794 0.00000000 957.25999652
2A3 0.00000000 0.00000000 3.60397743 0.00000000 957.25999597
3A1 0.00000000 0.00000000 4.05741420 0.00000000 961.97525091
4A1 0.00000000 0.00000000 4.20947605 0.00000000 965.50940327
1IO 0.00000000 0.00000000 0.24867696 0.00000000 919.12447214
2IO 0.00000000 0.00000000 0.13770644 0.00000000 958.62613723
4IO 0.00000000 0.00000000 0.02606911 0.00000000 966.61145717
B1 0.00000000 0.00000000 3.74753284 0.00000000 997.42879902
B2 0.00000000 0.00000000 3.74753206 0.00000000 997.42879874
B3 0.00000000 0.00000000 3.74753038 0.00000000 997.42879922
B4 0.00000000 0.00000000 3.74753061 0.00000000 997.42879592
B5 0.00000000 0.00000000 3.74752834 0.00000000 997.42879819
B6 0.00000000 0.00000000 3.74753601 0.00000000 997.42880804
<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 7,814,628.50
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 8,667.64
Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00
Prepayment Penalties 0.00
Total Deposits 7,823,296.14
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 129,998.98
Payment of Interest and Principal 7,693,297.16
Total Withdrawals (Pool Distribution Amount) 7,823,296.14
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 127,878.28
Trustee Fee - Wells Fargo Bank, N.A. 2,120.70
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 129,998.98
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
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 3 0 0 0 3
2,229,983.33 0.00 0.00 0.00 2,229,983.33
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 3 0 0 0 3
2,229,983.33 0.00 0.00 0.00 2,229,983.33
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 0.283554% 0.000000% 0.000000% 0.000000% 0.283554%
0.398010% 0.000000% 0.000000% 0.000000% 0.398010%
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 0.283554% 0.000000% 0.000000% 0.000000% 0.283554%
0.398010% 0.000000% 0.000000% 0.000000% 0.398010%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1 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
460,000.00 0.00 0.00 0.00 460,000.00
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 1 0 0 0 1
460,000.00 0.00 0.00 0.00 460,000.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.561798% 0.000000% 0.000000% 0.000000% 0.561798%
0.487541% 0.000000% 0.000000% 0.000000% 0.487541%
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 0.561798% 0.000000% 0.000000% 0.000000% 0.561798%
0.487541% 0.000000% 0.000000% 0.000000% 0.487541%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
2 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
770,000.00 0.00 0.00 0.00 770,000.00
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 1 0 0 0 1
770,000.00 0.00 0.00 0.00 770,000.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.137363% 0.000000% 0.000000% 0.000000% 0.137363%
0.200538% 0.000000% 0.000000% 0.000000% 0.200538%
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 0.137363% 0.000000% 0.000000% 0.000000% 0.137363%
0.200538% 0.000000% 0.000000% 0.000000% 0.200538%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
3 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>
4 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
999,983.33 0.00 0.00 0.00 999,983.33
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
999,983.33 0.00 0.00 0.00 999,983.33
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.250000% 0.000000% 0.000000% 0.000000% 1.250000%
2.293619% 0.000000% 0.000000% 0.000000% 2.293619%
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 1.250000% 0.000000% 0.000000% 0.000000% 1.250000%
2.293619% 0.000000% 0.000000% 0.000000% 2.293619%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 8,667.64
COLLATERAL STATEMENT
Collateral Description Mixed ARM
Weighted Average Gross Coupon 4.957664%
Weighted Average Net Coupon 4.686315%
Weighted Average Pass-Through Rate 4.681815%
Weighted Average Maturity(Stepdown Calculation) 354
Beginning Scheduled Collateral Loan Count 1,069
Number Of Loans Paid In Full 11
Ending Scheduled Collateral Loan Count 1,058
Beginning Scheduled Collateral Balance 565,520,576.95
Ending Scheduled Collateral Balance 560,033,665.28
Ending Actual Collateral Balance at 31-May-2005 560,283,541.59
Monthly P&I Constant 2,632,760.03
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Scheduled Principal 296,375.63
Unscheduled Principal 5,194,409.67
Miscellaneous Reporting
Total Senior Percentage 96.472637%
Aggregate Senior Percentage 3.527363%
Group Level Collateral Statement
Group 1 2 3
Collateral Description 3 Year LIBOR Arm 5 Year LIBOR Arm 7 Year LIBOR Arm
Weighted Average Coupon Rate 4.774771 4.905975 5.312884
Weighted Average Net Rate 4.399771 4.655975 5.062884
Weighted Average Maturity 354 353 354
Beginning Loan Count 182 735 72
Loans Paid In Full 4 7 0
Ending Loan Count 178 728 72
Beginning Scheduled Balance 96,590,339.14 386,892,376.78 38,370,392.74
Ending Scheduled Balance 94,308,430.30 383,795,614.98 38,347,927.61
Record Date 05/31/2005 05/31/2005 05/31/2005
Principal And Interest Constant 439,104.38 1,784,208.63 190,796.56
Scheduled Principal 54,773.72 202,471.56 20,915.37
Unscheduled Principal 2,227,135.12 2,898,163.87 1,549.76
Scheduled Interest 384,330.66 1,581,737.07 169,881.19
Servicing Fees 30,184.48 80,602.58 7,993.83
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 362.21 1,450.85 143.89
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 1 0.00 0.00 0.00
Spread 2 0.00 0.00 0.00
Spread 3 0.00 0.00 0.00
Net Interest 353,783.97 1,499,683.64 161,743.47
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 4.395271 4.651475 5.058384
Group Level Collateral Statement
Group 4 Total
Collateral Description 7 Year LIBOR Arm Mixed ARM
Weighted Average Coupon Rate 5.508049 4.957664
Weighted Average Net Rate 5.258049 4.686315
Weighted Average Maturity 354 354
Beginning Loan Count 80 1,069
Loans Paid In Full 0 11
Ending Loan Count 80 1,058
Beginning Scheduled Balance 43,667,468.29 565,520,576.95
Ending scheduled Balance 43,581,692.39 560,033,665.28
Record Date 05/31/2005 05/31/2005
Principal And Interest Constant 218,650.46 2,632,760.03
Scheduled Principal 18,214.98 296,375.63
Unscheduled Principal 67,560.92 5,194,409.67
Scheduled Interest 200,435.48 2,336,384.40
Servicing Fees 9,097.39 127,878.28
Master Servicing Fees 0.00 0.00
Trustee Fee 163.75 2,120.70
FRY Amount 0.00 0.00
Special Hazard Fee 0.00 0.00
Other Fee 0.00 0.00
Pool Insurance Fee 0.00 0.00
Spread 1 0.00 0.00
Spread 2 0.00 0.00
Spread 3 0.00 0.00
Net Interest 191,174.34 2,206,385.42
Realized Loss Amount 0.00 0.00
Cumulative Realized Loss 0.00 0.00
Percentage of Cumulative Losses 0.0000 0.0000
Prepayment Penalties 0.00 0.00
Special Servicing Fee 0.00 0.00
Pass-Through Rate 5.253549 4.681815
Miscellaneous Reporting
Group 1
CPR 24.428497%
Subordinate Percentage 3.603927%
Subordinate Prepayment Percentage 0.000000%
Senior Prepayment Percentage 100.000000%
Senior Percentage 96.396073%
Group 2
CPR 8.621067%
Subordinate Percentage 3.511388%
Subordinate Prepayment Percentage 0.000000%
Senior Prepayment Percentage 100.000000%
Senior Percentage 96.488612%
Group 3
CPR 0.048483%
Subordinate Percentage 3.521193%
Subordinate Prepayment Percentage 0.000000%
Senior Prepayment Percentage 100.000000%
Senior Percentage 96.478807%
Miscellaneous Reporting
Group 4
CPR 1.841646%
Subordinate Percentage 3.504975%
Subordinate Prepayment Percentage 0.000000%
Senior Prepayment Percentage 100.000000%
Senior Percentage 96.495025%