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): July 25, 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 July 25, 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
July 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 2005-5 Trust
(Registrant)
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield as Officer
By: Beth Belfield as Officer
Date: 7/25/2005
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 July 25, 2005 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 6/30/2005
Distribution Date: 7/25/2005
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) 815-6600
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% 25,820,987.24 118,346.19
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% 24,823,234.91 108,601.65
1-A-7 05949CAG1 SEN 5.50000% 24,604,074.87 112,768.68
1-A-8 05949CAH9 SEN 5.50000% 59,566,115.26 273,011.36
1-A-9 05949CAJ5 SEN 5.25000% 49,731,016.36 217,573.20
1-A-10 05949CAK2 SEN 5.25000% 16,649,000.00 72,839.38
1-A-11 05949CAL0 SEN 5.50000% 14,257,149.69 65,345.27
1-A-12 05949CAM8 SEN 5.50000% 593,675.62 2,721.01
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% 10,348,619.76 45,275.21
1-A-17 05949CAS5 SEN 3.61438% 10,612,858.88 31,965.75
1-A-18 05949CAT3 SEN 3.88562% 0.00 34,364.61
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% 0.00 0.06
2-A-1 05949CBF2 SEN 5.00000% 167,376,708.28 697,402.95
30-PO 05949CBE5 SEN 0.00000% 4,453,996.59 0.00
15-PO 05949CBH8 SEN 0.00000% 1,208,624.77 0.00
30-IO 05949CBD7 SEN 5.50000% 0.00 18,752.63
15-IO 05949CBG0 SEN 5.00000% 0.00 12,551.27
30-B-1 05949CBJ4 SUB 5.50000% 6,827,619.62 31,293.26
30-B-2 05949CBK1 SUB 5.50000% 2,007,829.62 9,202.55
30-B-3 05949CBL9 SUB 5.50000% 1,204,697.77 5,521.53
30-B-4 05949CBQ8 SUB 5.50000% 803,131.85 3,681.02
30-B-5 05949CBR6 SUB 5.50000% 602,348.89 2,760.77
30-B-6 05949CBS4 SUB 5.50000% 602,996.19 2,763.73
15-B-1 05949CBM7 SUB 5.00000% 1,548,071.51 6,450.30
15-B-2 05949CBN5 SUB 5.00000% 430,351.92 1,793.13
15-B-3 05949CBP0 SUB 5.00000% 343,683.83 1,432.02
15-B-4 05949CBT2 SUB 5.00000% 172,340.01 718.08
15-B-5 05949CBU9 SUB 5.00000% 172,340.01 718.08
15-B-6 05949CBV7 SUB 5.00000% 86,208.85 359.20
Totals 571,714,682.30 2,553,711.92
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-1 364,893.44 0.00 25,456,093.80 483,239.63 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-6 197,652.91 0.00 24,625,582.01 306,254.56 0.00
1-A-7 205,302.34 0.00 24,398,772.53 318,071.02 0.00
1-A-8 485,155.65 0.00 59,080,959.62 758,167.01 0.00
1-A-9 300,768.67 0.00 49,430,247.69 518,341.87 0.00
1-A-10 0.00 0.00 16,649,000.00 72,839.38 0.00
1-A-11 116,122.00 0.00 14,141,027.68 181,467.27 0.00
1-A-12 4,835.38 0.00 588,840.23 7,556.39 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 84,287.71 0.00 10,264,332.05 129,562.92 0.00
1-A-17 72,838.66 0.00 10,540,020.22 104,804.41 0.00
1-A-18 0.00 0.00 0.00 34,364.61 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 0.00 0.00 0.00 0.06 0.00
2-A-1 2,371,943.68 0.00 165,004,764.60 3,069,346.63 0.00
30-PO 47,440.32 0.00 4,406,556.26 47,440.32 0.00
15-PO 25,549.35 0.00 1,183,075.41 25,549.35 0.00
30-IO 0.00 0.00 0.00 18,752.63 0.00
15-IO 0.00 0.00 0.00 12,551.27 0.00
30-B-1 7,483.56 0.00 6,820,136.07 38,776.82 0.00
30-B-2 2,200.72 0.00 2,005,628.89 11,403.27 0.00
30-B-3 1,320.43 0.00 1,203,377.34 6,841.96 0.00
30-B-4 880.29 0.00 802,251.56 4,561.31 0.00
30-B-5 660.22 0.00 601,688.67 3,420.99 0.00
30-B-6 660.93 0.00 602,335.26 3,424.66 0.00
15-B-1 5,926.69 0.00 1,542,144.82 12,376.99 0.00
15-B-2 1,647.57 0.00 428,704.35 3,440.70 0.00
15-B-3 1,315.77 0.00 342,368.06 2,747.79 0.00
15-B-4 659.79 0.00 171,680.21 1,377.87 0.00
15-B-5 659.79 0.00 171,680.21 1,377.87 0.00
15-B-6 330.00 0.00 85,878.86 689.20 0.00
Totals 4,300,535.87 0.00 567,414,146.40 6,854,247.79 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
This report has been compiled from information provided to Wells Fargo Bank, N.A. by various
third parties, which may include the Servicer, Master Servicer, Special Servicer and others.
Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received
from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly
disclaims any responsibility for the accuracy or completeness of information furnished by
third parties.
</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 25,820,987.24 83,811.10 281,082.33 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 24,823,234.91 45,398.21 152,254.70 0.00 0.00
1-A-7 24,783,000.00 24,604,074.87 47,155.18 158,147.16 0.00 0.00
1-A-8 60,000,000.00 59,566,115.26 111,433.71 373,721.93 0.00 0.00
1-A-9 50,000,000.00 49,731,016.36 69,082.51 231,686.16 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 14,257,149.69 26,671.66 89,450.35 0.00 0.00
1-A-12 598,000.00 593,675.62 1,110.62 3,724.76 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 10,348,619.76 19,359.75 64,927.96 0.00 0.00
1-A-17 10,678,000.00 10,612,858.88 16,730.06 56,108.60 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 0.00 0.00 0.00 0.00 0.00
2-A-1 168,697,000.00 167,376,708.28 640,790.18 1,731,153.50 0.00 0.00
30-PO 4,461,017.00 4,453,996.59 5,195.43 42,244.89 0.00 0.00
15-PO 1,214,451.00 1,208,624.77 4,802.18 20,747.17 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 6,827,619.62 7,483.56 0.00 0.00 0.00
30-B-2 2,010,000.00 2,007,829.62 2,200.72 0.00 0.00 0.00
30-B-3 1,206,000.00 1,204,697.77 1,320.43 0.00 0.00 0.00
30-B-4 804,000.00 803,131.85 880.29 0.00 0.00 0.00
30-B-5 603,000.00 602,348.89 660.22 0.00 0.00 0.00
30-B-6 603,648.00 602,996.19 660.93 0.00 0.00 0.00
15-B-1 1,554,000.00 1,548,071.51 5,926.69 0.00 0.00 0.00
15-B-2 432,000.00 430,351.92 1,647.57 0.00 0.00 0.00
15-B-3 345,000.00 343,683.83 1,315.77 0.00 0.00 0.00
15-B-4 173,000.00 172,340.01 659.79 0.00 0.00 0.00
15-B-5 173,000.00 172,340.01 659.79 0.00 0.00 0.00
15-B-6 86,539.00 86,208.85 330.00 0.00 0.00 0.00
Totals 574,709,755.00 571,714,682.30 1,095,286.35 3,205,249.51 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-1 364,893.44 25,456,093.80 0.97338994 364,893.44
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-6 197,652.91 24,625,582.01 0.98502328 197,652.91
1-A-7 205,302.34 24,398,772.53 0.98449633 205,302.34
1-A-8 485,155.65 59,080,959.62 0.98468266 485,155.65
1-A-9 300,768.67 49,430,247.69 0.98860495 300,768.67
1-A-10 0.00 16,649,000.00 1.00000000 0.00
1-A-11 116,122.00 14,141,027.68 0.98468266 116,122.00
1-A-12 4,835.38 588,840.23 0.98468266 4,835.38
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 84,287.71 10,264,332.05 0.98468266 84,287.71
1-A-17 72,838.66 10,540,020.22 0.98707813 72,838.66
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 0.00 0.00 0.00000000 0.00
2-A-1 2,371,943.68 165,004,764.60 0.97811321 2,371,943.68
30-PO 47,440.32 4,406,556.26 0.98779186 47,440.32
15-PO 25,549.35 1,183,075.41 0.97416480 25,549.35
30-IO 0.00 0.00 0.00000000 0.00
15-IO 0.00 0.00 0.00000000 0.00
30-B-1 7,483.56 6,820,136.07 0.99782532 7,483.56
30-B-2 2,200.72 2,005,628.89 0.99782532 2,200.72
30-B-3 1,320.43 1,203,377.34 0.99782532 1,320.43
30-B-4 880.29 802,251.56 0.99782532 880.29
30-B-5 660.22 601,688.67 0.99782532 660.22
30-B-6 660.93 602,335.26 0.99782532 660.93
15-B-1 5,926.69 1,542,144.82 0.99237118 5,926.69
15-B-2 1,647.57 428,704.35 0.99237118 1,647.57
15-B-3 1,315.77 342,368.06 0.99237119 1,315.77
15-B-4 659.79 171,680.21 0.99237116 659.79
15-B-5 659.79 171,680.21 0.99237116 659.79
15-B-6 330.00 85,878.86 0.99237176 330.00
Totals 4,300,535.87 567,414,146.40 0.98730558 4,300,535.87
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 26,152,000.00 987.34273631 3.20476828 10.74802424 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 25,000,000.00 992.92939640 1.81592840 6.09018800 0.00000000
1-A-7 24,783,000.00 992.78032805 1.90272283 6.38127587 0.00000000
1-A-8 60,000,000.00 992.76858767 1.85722850 6.22869883 0.00000000
1-A-9 50,000,000.00 994.62032720 1.38165020 4.63372320 0.00000000
1-A-10 16,649,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A-11 14,361,000.00 992.76858784 1.85722861 6.22869925 0.00000000
1-A-12 598,000.00 992.76859532 1.85722408 6.22869565 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 10,424,000.00 992.76858787 1.85722851 6.22869916 0.00000000
1-A-17 10,678,000.00 993.89950178 1.56677842 5.25459824 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 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 168,697,000.00 992.17359099 3.79846814 10.26191041 0.00000000
30-PO 4,461,017.00 998.42627589 1.16462905 9.46978906 0.00000000
15-PO 1,214,451.00 995.20258125 3.95419823 17.08357933 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 6,835,000.00 998.92020775 1.09488808 0.00000000 0.00000000
30-B-2 2,010,000.00 998.92020896 1.09488557 0.00000000 0.00000000
30-B-3 1,206,000.00 998.92020730 1.09488391 0.00000000 0.00000000
30-B-4 804,000.00 998.92021144 1.09488806 0.00000000 0.00000000
30-B-5 603,000.00 998.92021559 1.09489221 0.00000000 0.00000000
30-B-6 603,648.00 998.92021509 1.09489305 0.00000000 0.00000000
15-B-1 1,554,000.00 996.18501287 3.81382883 0.00000000 0.00000000
15-B-2 432,000.00 996.18500000 3.81381944 0.00000000 0.00000000
15-B-3 345,000.00 996.18501449 3.81382609 0.00000000 0.00000000
15-B-4 173,000.00 996.18502890 3.81381503 0.00000000 0.00000000
15-B-5 173,000.00 996.18502890 3.81381503 0.00000000 0.00000000
15-B-6 86,539.00 996.18495707 3.81330961 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 13.95279290 973.38994341 0.97338994 13.95279290
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 7.90611640 985.02328040 0.98502328 7.90611640
1-A-7 0.00000000 8.28399871 984.49632934 0.98449633 8.28399871
1-A-8 0.00000000 8.08592750 984.68266033 0.98468266 8.08592750
1-A-9 0.00000000 6.01537340 988.60495380 0.98860495 6.01537340
1-A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A-11 0.00000000 8.08592716 984.68265998 0.98468266 8.08592716
1-A-12 0.00000000 8.08591973 984.68265886 0.98468266 8.08591973
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 8.08592767 984.68266021 0.98468266 8.08592767
1-A-17 0.00000000 6.82137666 987.07812512 0.98707813 6.82137666
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 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 0.00000000 14.06037855 978.11321245 0.97811321 14.06037855
30-PO 0.00000000 10.63441812 987.79185553 0.98779186 10.63441812
15-PO 0.00000000 21.03777756 974.16479545 0.97416480 21.03777756
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 1.09488808 997.82532114 0.99782532 1.09488808
30-B-2 0.00000000 1.09488557 997.82531841 0.99782532 1.09488557
30-B-3 0.00000000 1.09488391 997.82532338 0.99782532 1.09488391
30-B-4 0.00000000 1.09488806 997.82532338 0.99782532 1.09488806
30-B-5 0.00000000 1.09489221 997.82532338 0.99782532 1.09489221
30-B-6 0.00000000 1.09489305 997.82532204 0.99782532 1.09489305
15-B-1 0.00000000 3.81382883 992.37118404 0.99237118 3.81382883
15-B-2 0.00000000 3.81381944 992.37118056 0.99237118 3.81381944
15-B-3 0.00000000 3.81382609 992.37118841 0.99237119 3.81382609
15-B-4 0.00000000 3.81381503 992.37115607 0.99237116 3.81381503
15-B-5 0.00000000 3.81381503 992.37115607 0.99237116 3.81381503
15-B-6 0.00000000 3.81330961 992.37176302 0.99237176 3.81330961
<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% 25,820,987.24 118,346.19 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% 24,823,234.91 108,601.65 0.00 0.00
1-A-7 24,783,000.00 5.50000% 24,604,074.87 112,768.68 0.00 0.00
1-A-8 60,000,000.00 5.50000% 59,566,115.26 273,011.36 0.00 0.00
1-A-9 50,000,000.00 5.25000% 49,731,016.36 217,573.20 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% 14,257,149.69 65,345.27 0.00 0.00
1-A-12 598,000.00 5.50000% 593,675.62 2,721.01 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% 10,348,619.76 45,275.21 0.00 0.00
1-A-17 10,678,000.00 3.61438% 10,612,858.88 31,965.75 0.00 0.00
1-A-18 0.00 3.88562% 10,612,858.88 34,364.61 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% 514,605.45 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% 2,911,090.91 13,342.50 0.00 0.00
1-A-R 100.00 5.50000% 0.00 0.00 0.00 0.00
2-A-1 168,697,000.00 5.00000% 167,376,708.28 697,402.95 0.00 0.00
30-PO 4,461,017.00 0.00000% 4,453,996.59 0.00 0.00 0.00
15-PO 1,214,451.00 0.00000% 1,208,624.77 0.00 0.00 0.00
30-IO 0.00 5.50000% 4,091,482.22 18,752.63 0.00 0.00
15-IO 0.00 5.00000% 3,012,304.62 12,551.27 0.00 0.00
30-B-1 6,835,000.00 5.50000% 6,827,619.62 31,293.26 0.00 0.00
30-B-2 2,010,000.00 5.50000% 2,007,829.62 9,202.55 0.00 0.00
30-B-3 1,206,000.00 5.50000% 1,204,697.77 5,521.53 0.00 0.00
30-B-4 804,000.00 5.50000% 803,131.85 3,681.02 0.00 0.00
30-B-5 603,000.00 5.50000% 602,348.89 2,760.77 0.00 0.00
30-B-6 603,648.00 5.50000% 602,996.19 2,763.73 0.00 0.00
15-B-1 1,554,000.00 5.00000% 1,548,071.51 6,450.30 0.00 0.00
15-B-2 432,000.00 5.00000% 430,351.92 1,793.13 0.00 0.00
15-B-3 345,000.00 5.00000% 343,683.83 1,432.02 0.00 0.00
15-B-4 173,000.00 5.00000% 172,340.01 718.08 0.00 0.00
15-B-5 173,000.00 5.00000% 172,340.01 718.08 0.00 0.00
15-B-6 86,539.00 5.00000% 86,208.85 359.20 0.00 0.00
Totals 574,709,755.00 2,553,711.86 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 0.00 118,346.19 0.00 25,456,093.80
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 0.00 108,601.65 0.00 24,625,582.01
1-A-7 0.00 0.00 112,768.68 0.00 24,398,772.53
1-A-8 0.00 0.00 273,011.36 0.00 59,080,959.62
1-A-9 0.00 0.00 217,573.20 0.00 49,430,247.69
1-A-10 0.00 0.00 72,839.38 0.00 16,649,000.00
1-A-11 0.00 0.00 65,345.27 0.00 14,141,027.68
1-A-12 0.00 0.00 2,721.01 0.00 588,840.23
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 45,275.21 0.00 10,264,332.05
1-A-17 0.00 0.00 31,965.75 0.00 10,540,020.22
1-A-18 0.00 0.00 34,364.61 0.00 10,540,020.22
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 0.06 0.00 0.00
2-A-1 0.00 0.00 697,402.95 0.00 165,004,764.60
30-PO 0.00 0.00 0.00 0.00 4,406,556.26
15-PO 0.00 0.00 0.00 0.00 1,183,075.41
30-IO 0.00 0.00 18,752.63 0.00 4,067,369.38
15-IO 0.00 0.00 12,551.27 0.00 2,978,010.06
30-B-1 0.00 0.00 31,293.26 0.00 6,820,136.07
30-B-2 0.00 0.00 9,202.55 0.00 2,005,628.89
30-B-3 0.00 0.00 5,521.53 0.00 1,203,377.34
30-B-4 0.00 0.00 3,681.02 0.00 802,251.56
30-B-5 0.00 0.00 2,760.77 0.00 601,688.67
30-B-6 0.00 0.00 2,763.73 0.00 602,335.26
15-B-1 0.00 0.00 6,450.30 0.00 1,542,144.82
15-B-2 0.00 0.00 1,793.13 0.00 428,704.35
15-B-3 0.00 0.00 1,432.02 0.00 342,368.06
15-B-4 0.00 0.00 718.08 0.00 171,680.21
15-B-5 0.00 0.00 718.08 0.00 171,680.21
15-B-6 0.00 0.00 359.20 0.00 85,878.86
Totals 0.00 0.00 2,553,711.92 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% 987.34273631 4.52532082 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% 992.92939640 4.34406600 0.00000000 0.00000000
1-A-7 24,783,000.00 5.50000% 992.78032805 4.55024331 0.00000000 0.00000000
1-A-8 60,000,000.00 5.50000% 992.76858767 4.55018933 0.00000000 0.00000000
1-A-9 50,000,000.00 5.25000% 994.62032720 4.35146400 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% 992.76858784 4.55018940 0.00000000 0.00000000
1-A-12 598,000.00 5.50000% 992.76859532 4.55018395 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% 992.76858787 4.34336243 0.00000000 0.00000000
1-A-17 10,678,000.00 3.61438% 993.89950178 2.99360835 0.00000000 0.00000000
1-A-18 0.00 3.88562% 993.89950178 3.21826278 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% 1000.00087446 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% 1000.00031260 4.58333476 0.00000000 0.00000000
1-A-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000
2-A-1 168,697,000.00 5.00000% 992.17359099 4.13405662 0.00000000 0.00000000
30-PO 4,461,017.00 0.00000% 998.42627589 0.00000000 0.00000000 0.00000000
15-PO 1,214,451.00 0.00000% 995.20258125 0.00000000 0.00000000 0.00000000
30-IO 0.00 5.50000% 946.21288183 4.33680977 0.00000000 0.00000000
15-IO 0.00 5.00000% 991.85771771 4.13274074 0.00000000 0.00000000
30-B-1 6,835,000.00 5.50000% 998.92020775 4.57838478 0.00000000 0.00000000
30-B-2 2,010,000.00 5.50000% 998.92020896 4.57838308 0.00000000 0.00000000
30-B-3 1,206,000.00 5.50000% 998.92020730 4.57838308 0.00000000 0.00000000
30-B-4 804,000.00 5.50000% 998.92021144 4.57838308 0.00000000 0.00000000
30-B-5 603,000.00 5.50000% 998.92021559 4.57839138 0.00000000 0.00000000
30-B-6 603,648.00 5.50000% 998.92021509 4.57838012 0.00000000 0.00000000
15-B-1 1,554,000.00 5.00000% 996.18501287 4.15077220 0.00000000 0.00000000
15-B-2 432,000.00 5.00000% 996.18500000 4.15076389 0.00000000 0.00000000
15-B-3 345,000.00 5.00000% 996.18501449 4.15078261 0.00000000 0.00000000
15-B-4 173,000.00 5.00000% 996.18502890 4.15075145 0.00000000 0.00000000
15-B-5 173,000.00 5.00000% 996.18502890 4.15075145 0.00000000 0.00000000
15-B-6 86,539.00 5.00000% 996.18495707 4.15072973 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 4.52532082 0.00000000 973.38994341
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 4.34406600 0.00000000 985.02328040
1-A-7 0.00000000 0.00000000 4.55024331 0.00000000 984.49632934
1-A-8 0.00000000 0.00000000 4.55018933 0.00000000 984.68266033
1-A-9 0.00000000 0.00000000 4.35146400 0.00000000 988.60495380
1-A-10 0.00000000 0.00000000 4.37500030 0.00000000 1000.00000000
1-A-11 0.00000000 0.00000000 4.55018940 0.00000000 984.68265998
1-A-12 0.00000000 0.00000000 4.55018395 0.00000000 984.68265886
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 4.34336243 0.00000000 984.68266021
1-A-17 0.00000000 0.00000000 2.99360835 0.00000000 987.07812512
1-A-18 0.00000000 0.00000000 3.21826278 0.00000000 987.07812512
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 0.60000000 0.00000000 0.00000000
2-A-1 0.00000000 0.00000000 4.13405662 0.00000000 978.11321245
30-PO 0.00000000 0.00000000 0.00000000 0.00000000 987.79185553
15-PO 0.00000000 0.00000000 0.00000000 0.00000000 974.16479545
30-IO 0.00000000 0.00000000 4.33680977 0.00000000 940.63644801
15-IO 0.00000000 0.00000000 4.13274074 0.00000000 980.56559148
30-B-1 0.00000000 0.00000000 4.57838478 0.00000000 997.82532114
30-B-2 0.00000000 0.00000000 4.57838308 0.00000000 997.82531841
30-B-3 0.00000000 0.00000000 4.57838308 0.00000000 997.82532338
30-B-4 0.00000000 0.00000000 4.57838308 0.00000000 997.82532338
30-B-5 0.00000000 0.00000000 4.57839138 0.00000000 997.82532338
30-B-6 0.00000000 0.00000000 4.57838012 0.00000000 997.82532204
15-B-1 0.00000000 0.00000000 4.15077220 0.00000000 992.37118404
15-B-2 0.00000000 0.00000000 4.15076389 0.00000000 992.37118056
15-B-3 0.00000000 0.00000000 4.15078261 0.00000000 992.37118841
15-B-4 0.00000000 0.00000000 4.15075145 0.00000000 992.37115607
15-B-5 0.00000000 0.00000000 4.15075145 0.00000000 992.37115607
15-B-6 0.00000000 0.00000000 4.15072973 0.00000000 992.37176302
<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 6,976,132.45
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 6,976,132.45
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 121,884.66
Payment of Interest and Principal 6,854,247.79
Total Withdrawals (Pool Distribution Amount) 6,976,132.45
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 119,107.23
Assured Guaranty Fee 1,109.93
Trustee Fee - Wells Fargo Bank, N.A. 1,667.50
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 121,884.66
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 4 0 0 0 4
2,249,304.41 0.00 0.00 0.00 2,249,304.41
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 4 0 0 0 4
2,249,304.41 0.00 0.00 0.00 2,249,304.41
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 0.371747% 0.000000% 0.000000% 0.000000% 0.371747%
0.395813% 0.000000% 0.000000% 0.000000% 0.395813%
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 0.371747% 0.000000% 0.000000% 0.000000% 0.371747%
0.395813% 0.000000% 0.000000% 0.000000% 0.395813%
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 3 0 0 0 3
1,751,098.16 0.00 0.00 0.00 1,751,098.16
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180+ Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 3 0 0 0 3
1,751,098.16 0.00 0.00 0.00 1,751,098.16
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.392157% 0.000000% 0.000000% 0.000000% 0.392157%
0.439055% 0.000000% 0.000000% 0.000000% 0.439055%
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 0.392157% 0.000000% 0.000000% 0.000000% 0.392157%
0.439055% 0.000000% 0.000000% 0.000000% 0.439055%
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 1 0 0 0 1
498,206.25 0.00 0.00 0.00 498,206.25
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
498,206.25 0.00 0.00 0.00 498,206.25
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.321543% 0.000000% 0.000000% 0.000000% 0.321543%
0.294030% 0.000000% 0.000000% 0.000000% 0.294030%
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 0.321543% 0.000000% 0.000000% 0.000000% 0.321543%
0.294030% 0.000000% 0.000000% 0.000000% 0.294030%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 13,740.93
COLLATERAL STATEMENT
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 5.615941%
Weighted Average Pass-Through Rate 5.362441%
Weighted Average Maturity(Stepdown Calculation) 265
Beginning Scheduled Collateral Loan Count 1,080
Number Of Loans Paid In Full 4
Ending Scheduled Collateral Loan Count 1,076
Beginning Scheduled Collateral Balance 571,714,684.29
Ending Scheduled Collateral Balance 567,414,148.38
Ending Actual Collateral Balance at 30-Jun-2005 568,274,616.16
Monthly P&I Constant 3,770,882.89
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 6,617,828.95
Class AP Deferred Amount 0.00
Scheduled Principal 1,095,286.40
Unscheduled Principal 3,205,249.51
Miscellaneous Reporting
Senior % 97.385113%
Subordinate % 2.614887%
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 5.748520 5.306135 5.615941
Weighted Average Net Rate 5.498520 5.056135 5.365941
Weighted Average Maturity 354 175 265
Beginning Loan Count 768 312 1,080
Loans Paid In Full 3 1 4
Ending Loan Count 765 311 1,076
Beginning Scheduled Balance 400,376,354.14 171,338,330.15 571,714,684.29
Ending Scheduled Balance 398,483,850.92 168,930,297.46 567,414,148.38
Record Date 06/30/2005 06/30/2005 06/30/2005
Principal And Interest Constant 2,357,130.63 1,413,752.26 3,770,882.89
Scheduled Principal 439,154.38 656,132.02 1,095,286.40
Unscheduled Principal 1,453,348.84 1,751,900.67 3,205,249.51
Scheduled Interest 1,917,976.25 757,620.24 2,675,596.49
Servicing Fees 83,411.74 35,695.49 119,107.23
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 1,167.76 499.74 1,667.50
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 1,833,396.75 721,425.01 2,554,821.76
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 5.495020 5.052635 5.362441
Miscellaneous Reporting
Group 1 - 30 Year Fixed
CPR 4.274622%
Subordinate % 3.043179%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 96.956821%
Group 2 - 15 Year Fixed
CPR 11.644857%
Subordinate % 1.618175%
Subordinate Prepayment % 0.000000%
Senior Prepayment % 100.000000%
Senior % 98.381825%