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 2005-5 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-118843-24
Pooling and Servicing Agreement) (Commission 54-2173205
(State or other File Number) 54-2173206
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 2005-5
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 2005-5 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 2005-5 Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Officer
By: Beth Belfield as Officer
Date: 6/30/2005
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2005-5 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 2005-5
Contact: CTSLink Customer Service
Wells Fargo Bank, N.A.
Corporate Trust Services
9062 Old Annapolis Road
Columbia, MD 21045-1951
@ www.ctslink.com/cmbs
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>
1-A-1 05949CAA4 SEN 5.50000% 26,152,000.00 119,863.33
1-A-2 05949CAB2 SEN 5.50000% 2,258,000.00 10,349.17
1-A-3 05949CAC0 SEN 5.50000% 2,060,000.00 9,441.67
1-A-4 05949CAD8 SEN 5.50000% 1,154,000.00 5,289.17
1-A-5 05949CAE6 SEN 5.50000% 3,376,000.00 15,473.33
1-A-6 05949CAF3 SEN 5.25000% 25,000,000.00 109,375.00
1-A-7 05949CAG1 SEN 5.50000% 24,783,000.00 113,588.75
1-A-8 05949CAH9 SEN 5.50000% 60,000,000.00 275,000.00
1-A-9 05949CAJ5 SEN 5.25000% 50,000,000.00 218,750.00
1-A-10 05949CAK2 SEN 5.25000% 16,649,000.00 72,839.37
1-A-11 05949CAL0 SEN 5.50000% 14,361,000.00 65,821.25
1-A-12 05949CAM8 SEN 5.50000% 598,000.00 2,740.83
1-A-13 05949CAN6 SEN 5.50000% 21,626,000.00 99,119.17
1-A-14 05949CAP1 SEN 5.50000% 25,735,000.00 117,952.08
1-A-15 05949CAQ9 SEN 5.50000% 1,937,000.00 8,877.92
1-A-16 05949CAR7 SEN 5.25000% 10,424,000.00 45,605.00
1-A-17 05949CAS5 SEN 3.39000% 10,678,000.00 30,165.35
1-A-18 05949CAT3 SEN 4.11000% 0.00 36,572.15
1-A-19 05949CAU0 SEN 5.50000% 28,507,000.00 130,657.08
1-A-20 05949CAV8 SEN 5.50000% 0.00 2,358.61
1-A-21 05949CAW6 SEN 5.00000% 10,013,000.00 41,720.83
1-A-22 05949CAX4 SEN 5.00000% 22,009,000.00 91,704.17
1-A-23 05949CAY2 SEN 5.50000% 21,039,000.00 96,428.75
1-A-24 05949CAZ9 SEN 5.50000% 639,000.00 2,928.75
1-A-25 05949CBA3 SEN 5.50000% 6,514,000.00 29,855.83
1-A-26 05949CBB1 SEN 5.50000% 0.00 13,342.50
1-A-R 05949CBC9 SEN 5.50000% 100.00 0.98
2-A-1 05949CBF2 SEN 5.00000% 168,697,000.00 702,904.17
30-PO 05949CBE5 SEN 0.00000% 4,461,017.00 0.00
15-PO 05949CBH8 SEN 0.00000% 1,214,451.00 0.00
30-IO 05949CBD7 SEN 5.50000% 0.00 19,818.61
15-IO 05949CBG0 SEN 5.00000% 0.00 12,654.31
30-B-1 05949CBJ4 SUB 5.50000% 6,835,000.00 31,327.08
30-B-2 05949CBK1 SUB 5.50000% 2,010,000.00 9,212.50
30-B-3 05949CBL9 SUB 5.50000% 1,206,000.00 5,527.50
30-B-4 05949CBQ8 SUB 5.50000% 804,000.00 3,685.00
30-B-5 05949CBR6 SUB 5.50000% 603,000.00 2,763.75
30-B-6 05949CBS4 SUB 5.50000% 603,648.00 2,766.72
15-B-1 05949CBM7 SUB 5.00000% 1,554,000.00 6,475.00
15-B-2 05949CBN5 SUB 5.00000% 432,000.00 1,800.00
15-B-3 05949CBP0 SUB 5.00000% 345,000.00 1,437.50
15-B-4 05949CBT2 SUB 5.00000% 173,000.00 720.83
15-B-5 05949CBU9 SUB 5.00000% 173,000.00 720.83
15-B-6 05949CBV7 SUB 5.00000% 86,539.00 360.58
Totals 574,709,755.00 2,567,995.42
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Principal Realized Certificate Total Realized
Class Distribution Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1-A-1 331,012.76 0.00 25,820,987.24 450,876.09 0.00
1-A-2 0.00 0.00 2,258,000.00 10,349.17 0.00
1-A-3 0.00 0.00 2,060,000.00 9,441.67 0.00
1-A-4 0.00 0.00 1,154,000.00 5,289.17 0.00
1-A-5 0.00 0.00 3,376,000.00 15,473.33 0.00
1-A-6 176,765.09 0.00 24,823,234.91 286,140.09 0.00
1-A-7 178,925.13 0.00 24,604,074.87 292,513.88 0.00
1-A-8 433,884.74 0.00 59,566,115.26 708,884.74 0.00
1-A-9 268,983.64 0.00 49,731,016.36 487,733.64 0.00
1-A-10 0.00 0.00 16,649,000.00 72,839.37 0.00
1-A-11 103,850.31 0.00 14,257,149.69 169,671.56 0.00
1-A-12 4,324.38 0.00 593,675.62 7,065.21 0.00
1-A-13 0.00 0.00 21,626,000.00 99,119.17 0.00
1-A-14 0.00 0.00 25,735,000.00 117,952.08 0.00
1-A-15 0.00 0.00 1,937,000.00 8,877.92 0.00
1-A-16 75,380.24 0.00 10,348,619.76 120,985.24 0.00
1-A-17 65,141.12 0.00 10,612,858.88 95,306.47 0.00
1-A-18 0.00 0.00 0.00 36,572.15 0.00
1-A-19 0.00 0.00 28,507,000.00 130,657.08 0.00
1-A-20 0.00 0.00 0.00 2,358.61 0.00
1-A-21 0.00 0.00 10,013,000.00 41,720.83 0.00
1-A-22 0.00 0.00 22,009,000.00 91,704.17 0.00
1-A-23 0.00 0.00 21,039,000.00 96,428.75 0.00
1-A-24 0.00 0.00 639,000.00 2,928.75 0.00
1-A-25 0.00 0.00 6,514,000.00 29,855.83 0.00
1-A-26 0.00 0.00 0.00 13,342.50 0.00
1-A-R 100.00 0.00 0.00 100.98 0.00
2-A-1 1,320,291.72 0.00 167,376,708.28 2,023,195.89 0.00
30-PO 7,020.41 0.00 4,453,996.59 7,020.41 0.00
15-PO 5,826.23 0.00 1,208,624.77 5,826.23 0.00
30-IO 0.00 0.00 0.00 19,818.61 0.00
15-IO 0.00 0.00 0.00 12,654.31 0.00
30-B-1 7,380.38 0.00 6,827,619.62 38,707.46 0.00
30-B-2 2,170.38 0.00 2,007,829.62 11,382.88 0.00
30-B-3 1,302.23 0.00 1,204,697.77 6,829.73 0.00
30-B-4 868.15 0.00 803,131.85 4,553.15 0.00
30-B-5 651.11 0.00 602,348.89 3,414.86 0.00
30-B-6 651.81 0.00 602,996.19 3,418.53 0.00
15-B-1 5,928.49 0.00 1,548,071.51 12,403.49 0.00
15-B-2 1,648.08 0.00 430,351.92 3,448.08 0.00
15-B-3 1,316.17 0.00 343,683.83 2,753.67 0.00
15-B-4 659.99 0.00 172,340.01 1,380.82 0.00
15-B-5 659.99 0.00 172,340.01 1,380.82 0.00
15-B-6 330.15 0.00 86,208.85 690.73 0.00
Totals 2,995,072.70 0.00 571,714,682.30 5,563,068.12 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 26,152,000.00 26,152,000.00 84,102.99 246,909.77 0.00 0.00
1-A-2 2,258,000.00 2,258,000.00 0.00 0.00 0.00 0.00
1-A-3 2,060,000.00 2,060,000.00 0.00 0.00 0.00 0.00
1-A-4 1,154,000.00 1,154,000.00 0.00 0.00 0.00 0.00
1-A-5 3,376,000.00 3,376,000.00 0.00 0.00 0.00 0.00
1-A-6 25,000,000.00 25,000,000.00 44,912.08 131,853.00 0.00 0.00
1-A-7 24,783,000.00 24,783,000.00 45,460.90 133,464.23 0.00 0.00
1-A-8 60,000,000.00 60,000,000.00 110,240.47 323,644.27 0.00 0.00
1-A-9 50,000,000.00 50,000,000.00 68,342.77 200,640.88 0.00 0.00
1-A-10 16,649,000.00 16,649,000.00 0.00 0.00 0.00 0.00
1-A-11 14,361,000.00 14,361,000.00 26,386.06 77,464.26 0.00 0.00
1-A-12 598,000.00 598,000.00 1,098.73 3,225.65 0.00 0.00
1-A-13 21,626,000.00 21,626,000.00 0.00 0.00 0.00 0.00
1-A-14 25,735,000.00 25,735,000.00 0.00 0.00 0.00 0.00
1-A-15 1,937,000.00 1,937,000.00 0.00 0.00 0.00 0.00
1-A-16 10,424,000.00 10,424,000.00 19,152.44 56,227.80 0.00 0.00
1-A-17 10,678,000.00 10,678,000.00 16,550.91 48,590.21 0.00 0.00
1-A-18 0.00 0.00 0.00 0.00 0.00 0.00
1-A-19 28,507,000.00 28,507,000.00 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 10,013,000.00 10,013,000.00 0.00 0.00 0.00 0.00
1-A-22 22,009,000.00 22,009,000.00 0.00 0.00 0.00 0.00
1-A-23 21,039,000.00 21,039,000.00 0.00 0.00 0.00 0.00
1-A-24 639,000.00 639,000.00 0.00 0.00 0.00 0.00
1-A-25 6,514,000.00 6,514,000.00 0.00 0.00 0.00 0.00
1-A-26 0.00 0.00 0.00 0.00 0.00 0.00
1-A-R 100.00 100.00 25.41 74.59 0.00 0.00
2-A-1 168,697,000.00 168,697,000.00 643,576.99 676,714.73 0.00 0.00
30-PO 4,461,017.00 4,461,017.00 5,163.02 1,857.39 0.00 0.00
15-PO 1,214,451.00 1,214,451.00 4,901.68 924.56 0.00 0.00
30-IO 0.00 0.00 0.00 0.00 0.00 0.00
15-IO 0.00 0.00 0.00 0.00 0.00 0.00
30-B-1 6,835,000.00 6,835,000.00 7,380.38 0.00 0.00 0.00
30-B-2 2,010,000.00 2,010,000.00 2,170.38 0.00 0.00 0.00
30-B-3 1,206,000.00 1,206,000.00 1,302.23 0.00 0.00 0.00
30-B-4 804,000.00 804,000.00 868.15 0.00 0.00 0.00
30-B-5 603,000.00 603,000.00 651.11 0.00 0.00 0.00
30-B-6 603,648.00 603,648.00 651.81 0.00 0.00 0.00
15-B-1 1,554,000.00 1,554,000.00 5,928.49 0.00 0.00 0.00
15-B-2 432,000.00 432,000.00 1,648.08 0.00 0.00 0.00
15-B-3 345,000.00 345,000.00 1,316.17 0.00 0.00 0.00
15-B-4 173,000.00 173,000.00 659.99 0.00 0.00 0.00
15-B-5 173,000.00 173,000.00 659.99 0.00 0.00 0.00
15-B-6 86,539.00 86,539.00 330.15 0.00 0.00 0.00
Totals 574,709,755.00 574,709,755.00 1,093,481.38 1,901,591.34 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-1 331,012.76 25,820,987.24 0.98734274 331,012.76
1-A-2 0.00 2,258,000.00 1.00000000 0.00
1-A-3 0.00 2,060,000.00 1.00000000 0.00
1-A-4 0.00 1,154,000.00 1.00000000 0.00
1-A-5 0.00 3,376,000.00 1.00000000 0.00
1-A-6 176,765.09 24,823,234.91 0.99292940 176,765.09
1-A-7 178,925.13 24,604,074.87 0.99278033 178,925.13
1-A-8 433,884.74 59,566,115.26 0.99276859 433,884.74
1-A-9 268,983.64 49,731,016.36 0.99462033 268,983.64
1-A-10 0.00 16,649,000.00 1.00000000 0.00
1-A-11 103,850.31 14,257,149.69 0.99276859 103,850.31
1-A-12 4,324.38 593,675.62 0.99276860 4,324.38
1-A-13 0.00 21,626,000.00 1.00000000 0.00
1-A-14 0.00 25,735,000.00 1.00000000 0.00
1-A-15 0.00 1,937,000.00 1.00000000 0.00
1-A-16 75,380.24 10,348,619.76 0.99276859 75,380.24
1-A-17 65,141.12 10,612,858.88 0.99389950 65,141.12
1-A-18 0.00 0.00 0.00000000 0.00
1-A-19 0.00 28,507,000.00 1.00000000 0.00
1-A-20 0.00 0.00 0.00000000 0.00
1-A-21 0.00 10,013,000.00 1.00000000 0.00
1-A-22 0.00 22,009,000.00 1.00000000 0.00
1-A-23 0.00 21,039,000.00 1.00000000 0.00
1-A-24 0.00 639,000.00 1.00000000 0.00
1-A-25 0.00 6,514,000.00 1.00000000 0.00
1-A-26 0.00 0.00 0.00000000 0.00
1-A-R 100.00 0.00 0.00000000 100.00
2-A-1 1,320,291.72 167,376,708.28 0.99217359 1,320,291.72
30-PO 7,020.41 4,453,996.59 0.99842628 7,020.41
15-PO 5,826.23 1,208,624.77 0.99520258 5,826.23
30-IO 0.00 0.00 0.00000000 0.00
15-IO 0.00 0.00 0.00000000 0.00
30-B-1 7,380.38 6,827,619.62 0.99892021 7,380.38
30-B-2 2,170.38 2,007,829.62 0.99892021 2,170.38
30-B-3 1,302.23 1,204,697.77 0.99892021 1,302.23
30-B-4 868.15 803,131.85 0.99892021 868.15
30-B-5 651.11 602,348.89 0.99892022 651.11
30-B-6 651.81 602,996.19 0.99892022 651.81
15-B-1 5,928.49 1,548,071.51 0.99618501 5,928.49
15-B-2 1,648.08 430,351.92 0.99618500 1,648.08
15-B-3 1,316.17 343,683.83 0.99618501 1,316.17
15-B-4 659.99 172,340.01 0.99618503 659.99
15-B-5 659.99 172,340.01 0.99618503 659.99
15-B-6 330.15 86,208.85 0.99618496 330.15
Totals 2,995,072.70 571,714,682.30 0.99478855 2,995,072.70
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 26,152,000.00 1000.00000000 3.21592957 9.44133412 0.00000000
1-A-2 2,258,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-3 2,060,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-4 1,154,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-5 3,376,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-6 25,000,000.00 1000.00000000 1.79648320 5.27412000 0.00000000
1-A-7 24,783,000.00 1000.00000000 1.83435823 5.38531372 0.00000000
1-A-8 60,000,000.00 1000.00000000 1.83734117 5.39407117 0.00000000
1-A-9 50,000,000.00 1000.00000000 1.36685540 4.01281760 0.00000000
1-A-10 16,649,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-11 14,361,000.00 1000.00000000 1.83734141 5.39407144 0.00000000
1-A-12 598,000.00 1000.00000000 1.83734114 5.39406355 0.00000000
1-A-13 21,626,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-14 25,735,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-15 1,937,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-16 10,424,000.00 1000.00000000 1.83734075 5.39407137 0.00000000
1-A-17 10,678,000.00 1000.00000000 1.55000094 4.55049728 0.00000000
1-A-18 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-19 28,507,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-20 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-21 10,013,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-22 22,009,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-23 21,039,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-24 639,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-25 6,514,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-26 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A-R 100.00 1000.00000000 254.10000000 745.90000000 0.00000000
2-A-1 168,697,000.00 1000.00000000 3.81498776 4.01142125 0.00000000
30-PO 4,461,017.00 1000.00000000 1.15736389 0.41636022 0.00000000
15-PO 1,214,451.00 1000.00000000 4.03612826 0.76129873 0.00000000
30-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
30-B-1 6,835,000.00 1000.00000000 1.07979225 0.00000000 0.00000000
30-B-2 2,010,000.00 1000.00000000 1.07979104 0.00000000 0.00000000
30-B-3 1,206,000.00 1000.00000000 1.07979270 0.00000000 0.00000000
30-B-4 804,000.00 1000.00000000 1.07978856 0.00000000 0.00000000
30-B-5 603,000.00 1000.00000000 1.07978441 0.00000000 0.00000000
30-B-6 603,648.00 1000.00000000 1.07978491 0.00000000 0.00000000
15-B-1 1,554,000.00 1000.00000000 3.81498713 0.00000000 0.00000000
15-B-2 432,000.00 1000.00000000 3.81500000 0.00000000 0.00000000
15-B-3 345,000.00 1000.00000000 3.81498551 0.00000000 0.00000000
15-B-4 173,000.00 1000.00000000 3.81497110 0.00000000 0.00000000
15-B-5 173,000.00 1000.00000000 3.81497110 0.00000000 0.00000000
15-B-6 86,539.00 1000.00000000 3.81504293 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 12.65726369 987.34273631 0.98734274 12.65726369
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 7.07060360 992.92939640 0.99292940 7.07060360
1-A-7 0.00000000 7.21967195 992.78032805 0.99278033 7.21967195
1-A-8 0.00000000 7.23141233 992.76858767 0.99276859 7.23141233
1-A-9 0.00000000 5.37967280 994.62032720 0.99462033 5.37967280
1-A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-11 0.00000000 7.23141216 992.76858784 0.99276859 7.23141216
1-A-12 0.00000000 7.23140468 992.76859532 0.99276860 7.23140468
1-A-13 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
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 7.23141213 992.76858787 0.99276859 7.23141213
1-A-17 0.00000000 6.10049822 993.89950178 0.99389950 6.10049822
1-A-18 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-19 0.00000000 0.00000000 1,000.00000000 1.00000000 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 0.00000000 1,000.00000000 1.00000000 0.00000000
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-25 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-26 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A-R 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000
2-A-1 0.00000000 7.82640901 992.17359099 0.99217359 7.82640901
30-PO 0.00000000 1.57372411 998.42627589 0.99842628 1.57372411
15-PO 0.00000000 4.79741875 995.20258125 0.99520258 4.79741875
30-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
30-B-1 0.00000000 1.07979225 998.92020775 0.99892021 1.07979225
30-B-2 0.00000000 1.07979104 998.92020896 0.99892021 1.07979104
30-B-3 0.00000000 1.07979270 998.92020730 0.99892021 1.07979270
30-B-4 0.00000000 1.07978856 998.92021144 0.99892021 1.07978856
30-B-5 0.00000000 1.07978441 998.92021559 0.99892022 1.07978441
30-B-6 0.00000000 1.07978491 998.92021509 0.99892022 1.07978491
15-B-1 0.00000000 3.81498713 996.18501287 0.99618501 3.81498713
15-B-2 0.00000000 3.81500000 996.18500000 0.99618500 3.81500000
15-B-3 0.00000000 3.81498551 996.18501449 0.99618501 3.81498551
15-B-4 0.00000000 3.81497110 996.18502890 0.99618503 3.81497110
15-B-5 0.00000000 3.81497110 996.18502890 0.99618503 3.81497110
15-B-6 0.00000000 3.81504293 996.18495707 0.99618496 3.81504293
<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 26,152,000.00 5.50000% 26,152,000.00 119,863.33 0.00 0.00
1-A-2 2,258,000.00 5.50000% 2,258,000.00 10,349.17 0.00 0.00
1-A-3 2,060,000.00 5.50000% 2,060,000.00 9,441.67 0.00 0.00
1-A-4 1,154,000.00 5.50000% 1,154,000.00 5,289.17 0.00 0.00
1-A-5 3,376,000.00 5.50000% 3,376,000.00 15,473.33 0.00 0.00
1-A-6 25,000,000.00 5.25000% 25,000,000.00 109,375.00 0.00 0.00
1-A-7 24,783,000.00 5.50000% 24,783,000.00 113,588.75 0.00 0.00
1-A-8 60,000,000.00 5.50000% 60,000,000.00 275,000.00 0.00 0.00
1-A-9 50,000,000.00 5.25000% 50,000,000.00 218,750.00 0.00 0.00
1-A-10 16,649,000.00 5.25000% 16,649,000.00 72,839.38 0.00 0.00
1-A-11 14,361,000.00 5.50000% 14,361,000.00 65,821.25 0.00 0.00
1-A-12 598,000.00 5.50000% 598,000.00 2,740.83 0.00 0.00
1-A-13 21,626,000.00 5.50000% 21,626,000.00 99,119.17 0.00 0.00
1-A-14 25,735,000.00 5.50000% 25,735,000.00 117,952.08 0.00 0.00
1-A-15 1,937,000.00 5.50000% 1,937,000.00 8,877.92 0.00 0.00
1-A-16 10,424,000.00 5.25000% 10,424,000.00 45,605.00 0.00 0.00
1-A-17 10,678,000.00 3.39000% 10,678,000.00 30,165.35 0.00 0.00
1-A-18 0.00 4.11000% 10,678,000.00 36,572.15 0.00 0.00
1-A-19 28,507,000.00 5.50000% 28,507,000.00 130,657.08 0.00 0.00
1-A-20 0.00 5.50000% 514,605.00 2,358.61 0.00 0.00
1-A-21 10,013,000.00 5.00000% 10,013,000.00 41,720.83 0.00 0.00
1-A-22 22,009,000.00 5.00000% 22,009,000.00 91,704.17 0.00 0.00
1-A-23 21,039,000.00 5.50000% 21,039,000.00 96,428.75 0.00 0.00
1-A-24 639,000.00 5.50000% 639,000.00 2,928.75 0.00 0.00
1-A-25 6,514,000.00 5.50000% 6,514,000.00 29,855.83 0.00 0.00
1-A-26 0.00 5.50000% 2,911,090.00 13,342.50 0.00 0.00
1-A-R 100.00 5.50000% 100.00 0.46 0.00 0.00
2-A-1 168,697,000.00 5.00000% 168,697,000.00 702,904.17 0.00 0.00
30-PO 4,461,017.00 0.00000% 4,461,017.00 0.00 0.00 0.00
15-PO 1,214,451.00 0.00000% 1,214,451.00 0.00 0.00 0.00
30-IO 0.00 5.50000% 4,324,061.08 19,818.61 0.00 0.00
15-IO 0.00 5.00000% 3,037,033.42 12,654.31 0.00 0.00
30-B-1 6,835,000.00 5.50000% 6,835,000.00 31,327.08 0.00 0.00
30-B-2 2,010,000.00 5.50000% 2,010,000.00 9,212.50 0.00 0.00
30-B-3 1,206,000.00 5.50000% 1,206,000.00 5,527.50 0.00 0.00
30-B-4 804,000.00 5.50000% 804,000.00 3,685.00 0.00 0.00
30-B-5 603,000.00 5.50000% 603,000.00 2,763.75 0.00 0.00
30-B-6 603,648.00 5.50000% 603,648.00 2,766.72 0.00 0.00
15-B-1 1,554,000.00 5.00000% 1,554,000.00 6,475.00 0.00 0.00
15-B-2 432,000.00 5.00000% 432,000.00 1,800.00 0.00 0.00
15-B-3 345,000.00 5.00000% 345,000.00 1,437.50 0.00 0.00
15-B-4 173,000.00 5.00000% 173,000.00 720.83 0.00 0.00
15-B-5 173,000.00 5.00000% 173,000.00 720.83 0.00 0.00
15-B-6 86,539.00 5.00000% 86,539.00 360.58 0.00 0.00
Totals 574,709,755.00 2,567,994.91 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 0.00 119,863.33 0.00 25,820,987.24
1-A-2 0.00 0.00 10,349.17 0.00 2,258,000.00
1-A-3 0.00 0.00 9,441.67 0.00 2,060,000.00
1-A-4 0.00 0.00 5,289.17 0.00 1,154,000.00
1-A-5 0.00 0.00 15,473.33 0.00 3,376,000.00
1-A-6 0.00 0.00 109,375.00 0.00 24,823,234.91
1-A-7 0.00 0.00 113,588.75 0.00 24,604,074.87
1-A-8 0.00 0.00 275,000.00 0.00 59,566,115.26
1-A-9 0.00 0.00 218,750.00 0.00 49,731,016.36
1-A-10 0.00 0.00 72,839.37 0.00 16,649,000.00
1-A-11 0.00 0.00 65,821.25 0.00 14,257,149.69
1-A-12 0.00 0.00 2,740.83 0.00 593,675.62
1-A-13 0.00 0.00 99,119.17 0.00 21,626,000.00
1-A-14 0.00 0.00 117,952.08 0.00 25,735,000.00
1-A-15 0.00 0.00 8,877.92 0.00 1,937,000.00
1-A-16 0.00 0.00 45,605.00 0.00 10,348,619.76
1-A-17 0.00 0.00 30,165.35 0.00 10,612,858.88
1-A-18 0.00 0.00 36,572.15 0.00 10,612,858.88
1-A-19 0.00 0.00 130,657.08 0.00 28,507,000.00
1-A-20 0.00 0.00 2,358.61 0.00 514,605.45
1-A-21 0.00 0.00 41,720.83 0.00 10,013,000.00
1-A-22 0.00 0.00 91,704.17 0.00 22,009,000.00
1-A-23 0.00 0.00 96,428.75 0.00 21,039,000.00
1-A-24 0.00 0.00 2,928.75 0.00 639,000.00
1-A-25 0.00 0.00 29,855.83 0.00 6,514,000.00
1-A-26 0.00 0.00 13,342.50 0.00 2,911,090.91
1-A-R 0.00 0.00 0.98 0.00 0.00
2-A-1 0.00 0.00 702,904.17 0.00 167,376,708.28
30-PO 0.00 0.00 0.00 0.00 4,453,996.59
15-PO 0.00 0.00 0.00 0.00 1,208,624.77
30-IO 0.00 0.00 19,818.61 0.00 4,091,482.22
15-IO 0.00 0.00 12,654.31 0.00 3,012,304.62
30-B-1 0.00 0.00 31,327.08 0.00 6,827,619.62
30-B-2 0.00 0.00 9,212.50 0.00 2,007,829.62
30-B-3 0.00 0.00 5,527.50 0.00 1,204,697.77
30-B-4 0.00 0.00 3,685.00 0.00 803,131.85
30-B-5 0.00 0.00 2,763.75 0.00 602,348.89
30-B-6 0.00 0.00 2,766.72 0.00 602,996.19
15-B-1 0.00 0.00 6,475.00 0.00 1,548,071.51
15-B-2 0.00 0.00 1,800.00 0.00 430,351.92
15-B-3 0.00 0.00 1,437.50 0.00 343,683.83
15-B-4 0.00 0.00 720.83 0.00 172,340.01
15-B-5 0.00 0.00 720.83 0.00 172,340.01
15-B-6 0.00 0.00 360.58 0.00 86,208.85
Totals 0.00 0.00 2,567,995.42 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 26,152,000.00 5.50000% 1000.00000000 4.58333321 0.00000000 0.00000000
1-A-2 2,258,000.00 5.50000% 1000.00000000 4.58333481 0.00000000 0.00000000
1-A-3 2,060,000.00 5.50000% 1000.00000000 4.58333495 0.00000000 0.00000000
1-A-4 1,154,000.00 5.50000% 1000.00000000 4.58333622 0.00000000 0.00000000
1-A-5 3,376,000.00 5.50000% 1000.00000000 4.58333235 0.00000000 0.00000000
1-A-6 25,000,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000
1-A-7 24,783,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-8 60,000,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-9 50,000,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000
1-A-10 16,649,000.00 5.25000% 1000.00000000 4.37500030 0.00000000 0.00000000
1-A-11 14,361,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-12 598,000.00 5.50000% 1000.00000000 4.58332776 0.00000000 0.00000000
1-A-13 21,626,000.00 5.50000% 1000.00000000 4.58333349 0.00000000 0.00000000
1-A-14 25,735,000.00 5.50000% 1000.00000000 4.58333320 0.00000000 0.00000000
1-A-15 1,937,000.00 5.50000% 1000.00000000 4.58333505 0.00000000 0.00000000
1-A-16 10,424,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000
1-A-17 10,678,000.00 3.39000% 1000.00000000 2.82500000 0.00000000 0.00000000
1-A-18 0.00 4.11000% 1000.00000000 3.42500000 0.00000000 0.00000000
1-A-19 28,507,000.00 5.50000% 1000.00000000 4.58333322 0.00000000 0.00000000
1-A-20 0.00 5.50000% 1000.00000000 4.58334062 0.00000000 0.00000000
1-A-21 10,013,000.00 5.00000% 1000.00000000 4.16666633 0.00000000 0.00000000
1-A-22 22,009,000.00 5.00000% 1000.00000000 4.16666682 0.00000000 0.00000000
1-A-23 21,039,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-24 639,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
1-A-25 6,514,000.00 5.50000% 1000.00000000 4.58333282 0.00000000 0.00000000
1-A-26 0.00 5.50000% 1000.00000000 4.58333476 0.00000000 0.00000000
1-A-R 100.00 5.50000% 1000.00000000 4.60000000 0.00000000 0.00000000
2-A-1 168,697,000.00 5.00000% 1000.00000000 4.16666669 0.00000000 0.00000000
30-PO 4,461,017.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
15-PO 1,214,451.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
30-IO 0.00 5.50000% 1000.00001850 4.58333266 0.00000000 0.00000000
15-IO 0.00 5.00000% 1000.00013829 4.16666859 0.00000000 0.00000000
30-B-1 6,835,000.00 5.50000% 1000.00000000 4.58333285 0.00000000 0.00000000
30-B-2 2,010,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
30-B-3 1,206,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
30-B-4 804,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
30-B-5 603,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
30-B-6 603,648.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000
15-B-1 1,554,000.00 5.00000% 1000.00000000 4.16666667 0.00000000 0.00000000
15-B-2 432,000.00 5.00000% 1000.00000000 4.16666667 0.00000000 0.00000000
15-B-3 345,000.00 5.00000% 1000.00000000 4.16666667 0.00000000 0.00000000
15-B-4 173,000.00 5.00000% 1000.00000000 4.16664740 0.00000000 0.00000000
15-B-5 173,000.00 5.00000% 1000.00000000 4.16664740 0.00000000 0.00000000
15-B-6 86,539.00 5.00000% 1000.00000000 4.16667630 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 4.58333321 0.00000000 987.34273631
1-A-2 0.00000000 0.00000000 4.58333481 0.00000000 1000.00000000
1-A-3 0.00000000 0.00000000 4.58333495 0.00000000 1000.00000000
1-A-4 0.00000000 0.00000000 4.58333622 0.00000000 1000.00000000
1-A-5 0.00000000 0.00000000 4.58333235 0.00000000 1000.00000000
1-A-6 0.00000000 0.00000000 4.37500000 0.00000000 992.92939640
1-A-7 0.00000000 0.00000000 4.58333333 0.00000000 992.78032805
1-A-8 0.00000000 0.00000000 4.58333333 0.00000000 992.76858767
1-A-9 0.00000000 0.00000000 4.37500000 0.00000000 994.62032720
1-A-10 0.00000000 0.00000000 4.37499970 0.00000000 1000.00000000
1-A-11 0.00000000 0.00000000 4.58333333 0.00000000 992.76858784
1-A-12 0.00000000 0.00000000 4.58332776 0.00000000 992.76859532
1-A-13 0.00000000 0.00000000 4.58333349 0.00000000 1000.00000000
1-A-14 0.00000000 0.00000000 4.58333320 0.00000000 1000.00000000
1-A-15 0.00000000 0.00000000 4.58333505 0.00000000 1000.00000000
1-A-16 0.00000000 0.00000000 4.37500000 0.00000000 992.76858787
1-A-17 0.00000000 0.00000000 2.82500000 0.00000000 993.89950178
1-A-18 0.00000000 0.00000000 3.42500000 0.00000000 993.89950178
1-A-19 0.00000000 0.00000000 4.58333322 0.00000000 1000.00000000
1-A-20 0.00000000 0.00000000 4.58334062 0.00000000 1000.00087446
1-A-21 0.00000000 0.00000000 4.16666633 0.00000000 1000.00000000
1-A-22 0.00000000 0.00000000 4.16666682 0.00000000 1000.00000000
1-A-23 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-24 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000
1-A-25 0.00000000 0.00000000 4.58333282 0.00000000 1000.00000000
1-A-26 0.00000000 0.00000000 4.58333476 0.00000000 1000.00031260
1-A-R 0.00000000 0.00000000 9.80000000 0.00000000 0.00000000
2-A-1 0.00000000 0.00000000 4.16666669 0.00000000 992.17359099
30-PO 0.00000000 0.00000000 0.00000000 0.00000000 998.42627589
15-PO 0.00000000 0.00000000 0.00000000 0.00000000 995.20258125
30-IO 0.00000000 0.00000000 4.58333266 0.00000000 946.21288183
15-IO 0.00000000 0.00000000 4.16666859 0.00000000 991.85771771
30-B-1 0.00000000 0.00000000 4.58333285 0.00000000 998.92020775
30-B-2 0.00000000 0.00000000 4.58333333 0.00000000 998.92020896
30-B-3 0.00000000 0.00000000 4.58333333 0.00000000 998.92020730
30-B-4 0.00000000 0.00000000 4.58333333 0.00000000 998.92021144
30-B-5 0.00000000 0.00000000 4.58333333 0.00000000 998.92021559
30-B-6 0.00000000 0.00000000 4.58333333 0.00000000 998.92021509
15-B-1 0.00000000 0.00000000 4.16666667 0.00000000 996.18501287
15-B-2 0.00000000 0.00000000 4.16666667 0.00000000 996.18500000
15-B-3 0.00000000 0.00000000 4.16666667 0.00000000 996.18501449
15-B-4 0.00000000 0.00000000 4.16664740 0.00000000 996.18502890
15-B-5 0.00000000 0.00000000 4.16664740 0.00000000 996.18502890
15-B-6 0.00000000 0.00000000 4.16667630 0.00000000 996.18495707
<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 5,685,585.49
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 5,685,585.49
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 122,517.37
Payment of Interest and Principal 5,563,068.12
Total Withdrawals (Pool Distribution Amount) 5,685,585.49
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 119,731.20
Assured Guaranty Fee 1,109.93
Trustee Fee - Wells Fargo Bank, N.A. 1,676.24
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 122,517.37
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<s> <c> <c> <c> <c>
Financial Guaranty 0.00 0.00 0.00 0.00
Reserve Fund 999.99 0.00 0.00 999.99
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 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
1 - 30 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
2 - 15 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 0.00
COLLATERAL STATEMENT
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 5.617819%
Weighted Average Pass-Through Rate 5.364319%
Weighted Average Maturity(Stepdown Calculation) 266
Beginning Scheduled Collateral Loan Count 1,082
Number Of Loans Paid In Full 2
Ending Scheduled Collateral Loan Count 1,080
Beginning Scheduled Collateral Balance 574,709,755.00
Ending Scheduled Collateral Balance 571,714,684.29
Ending Actual Collateral Balance at 31-May-2005 572,569,614.75
Monthly P&I Constant 3,783,994.05
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Class A Non-PO Optimal Amount 5,447,010.11
Class AP Deferred Amount 0.00
Scheduled Principal 1,093,481.39
Unscheduled Principal 1,901,591.34
Miscellaneous Reporting
Senior % 97.394676%
Subordinate % 2.605324%
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 5.751627 5.306275 5.617819
Weighted Average Net Rate 5.501627 5.056275 5.367819
Weighted Average Maturity 355 176 266
Beginning Loan Count 769 313 1,082
Loans Paid In Full 1 1 2
Ending Loan Count 768 312 1,080
Beginning Scheduled Balance 402,034,766.04 172,674,990.98 574,709,757.02
Ending Scheduled Balance 400,376,354.14 171,338,330.15 571,714,684.29
Record Date 05/31/2005 05/31/2005 05/31/2005
Principal And Interest Constant 2,361,421.62 1,422,572.43 3,783,994.05
Scheduled Principal 434,459.85 659,021.54 1,093,481.39
Unscheduled Principal 1,223,952.05 677,639.29 1,901,591.34
Scheduled Interest 1,926,961.77 763,550.89 2,690,512.66
Servicing Fees 83,757.24 35,973.96 119,731.20
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,172.60 503.64 1,676.24
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 1,842,031.93 727,073.29 2,569,105.22
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 5.498127 5.052775 5.364319
Miscellaneous Reporting
Group 1 - 30 Year Fixed
CPR 3.596540%
Subordinate % 3.033814%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 96.966186%
Group 2 - 15 Year Fixed
CPR 4.626186%
Subordinate % 1.611764%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 98.388236%