-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TyX1SdCGz2L9SO1fAIjC68enjptIrlvuAB2c+fCE5lyBkNCo3RIgjAUh65jGO4XD TE3ov0vc3VWKvQ0YGRDmBg== 0000950134-04-013191.txt : 20040903 0000950134-04-013191.hdr.sgml : 20040903 20040903152741 ACCESSION NUMBER: 0000950134-04-013191 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040820 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040903 DATE AS OF CHANGE: 20040903 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEQUOIA RESIDENTIAL FUNDING INC CENTRAL INDEX KEY: 0001176320 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 352170972 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-90772-01 FILM NUMBER: 041016856 BUSINESS ADDRESS: STREET 1: 591 REDWOOD HWY STREET 2: SUITE 3160 CITY: MILL VALLEY STATE: CA ZIP: 94941 BUSINESS PHONE: 4153897373 MAIL ADDRESS: STREET 1: 591 REDWOOD HWY STREET 2: SUITE 3160 CITY: MILL VALLEY STATE: CA ZIP: 94941 8-K 1 f01646de8vk.txt FORM 8-K 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 August 20, 2004 Date of Report (Date of Earliest Event Reported) SEQUOIA RESIDENTIAL FUNDING, INC. (as Depositor of Sequoia Mortgage Trust 2004-4, the Issuer of Mortgage Pass-Through Certificates under a Pooling and Servicing Agreement dated as of April 1, 2004) SEQUOIA RESIDENTIAL FUNDING, INC. --------------------------------- (Exact Name of Registrant as Specified in Its Charter) Delaware 333-103634-01 35-2170972 -------- ------------- ---------- (State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Incorporation) Identification No.) One Belvedere Place, Suite 330, Mill Valley, CA 94941 ----------------------------------------------------- (Address of Principal Executive Offices) (415) 381-1765 -------------- (Registrant's Telephone Number, Including Area Code) Not Applicable -------------- (Former Name or Former Address, if Changed Since Last Report) INFORMATION TO BE INCLUDED IN THE REPORT Item 8.01. OTHER EVENTS Sequoia Residential Funding, Inc. has previously registered the offer and sale of Mortgage Pass-Through Certificates issued by Sequoia Mortgage Trust 2004-4 (the "Certificates"). The following exhibit which relates specifically to the Certificates is included with this Current Report: Item 9,01. Exhibits 10.1 Monthly Payment Date Statement relating to the distribution to Certificateholders, August 20, 2004. SIGNATURE 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 thereunto duly authorized. Date: September 2, 2004 SEQUOIA RESIDENTIAL FUNDING, INC. By: /s/ Harold F. Zagunis --------------------------------------- Harold F. Zagunis Chief Financial Officer and Secretary EXHIBIT INDEX
Exhibit Number Page Number - -------------- ----------- 10.1 Monthly Payment Date Statement relating to the distribution to Certificateholders, August 20, 2004.................................. 5
EX-10.1 2 f01646dexv10w1.txt EXHIBIT 10.1 EXHIBIT 10.1 CONTACT: CUSTOMER SERVICES -- CTSLINK WELLS FARGO BANK MINNESOTA, N.A. SECURITIES ADMINISTRATION SERVICES 7485 NEW HORIZON WAY FREDERICK, MD 21703 WWW.CTSLINK.COM TELEPHONE: (301) 815-6600 FAX: (301) 315-6660 SMT SERIES 2004-4 RECORD DATE: JULY 30, 2004 DISTRIBUTION DATE: AUGUST 20, 2004 CERTIFICATEHOLDER DISTRIBUTION SUMMARY
Certificate Certificate Beginning Class Pass- Certificate Interest Principal Class CUSIP Description Through Rate Balance Distribution Distribution - ------------ --------- ------------ ------------- -------------- ------------- ------------- A 81744FBF3 SEN 1.60813% 773,006,456.77 1,035,912.40 15,798,899.61 X-1 81744FBG1 SEN 0.80000% 0.00 476,172.24 0.00 X-2 81744FBH9 SEN 0.38431% 0.00 247,561.50 0.00 X-B 81744FBJ5 SEN 0.66618% 0.00 12,747.40 0.00 B-1 81744FBK2 SUB 1.92000% 14,612,000.00 23,379.20 0.00 B-2 81744FBL0 SUB 2.32000% 8,350,000.00 16,143.33 0.00 B-3 81744FBM8 SUB 2.73164% 4,175,000.00 9,503.83 0.00 B-4 81744FBN6 SUB 2.73164% 2,509,000.00 5,711.40 0.00 B-5 81744FBP1 SUB 2.73164% 2,088,000.00 4,753.05 0.00 B-6 81744FBQ9 SUB 2.73164% 3,757,983.00 8,554.55 0.00 A-R 81744FBR7 RES 2.68422% 0.00 0.00 0.00 - ------- -------------- ------------ ------------- Totals 808,498,439.77 1,840,438.90 15,798,899.61 -------------- ------------ ------------- Ending Current Certificate Total Cumulative Class CUSIP Realized Loss Balance Distribution Realized Loss - ------------ --------- -------------- -------------- ------------- -------------- A 81744FBF3 0.00 757,207,557.16 16,834,812.01 0.00 X-1 81744FBG1 0.00 0.00 476,172.24 0.00 X-2 81744FBH9 0.00 0.00 247,561.50 0.00 X-B 81744FBJ5 0.00 0.00 12,747.40 0.00 B-1 81744FBK2 0.00 14,612,000.00 23,379.20 0.00 B-2 81744FBL0 0.00 8,350,000.00 16,143.33 0.00 B-3 81744FBM8 0.00 4,175,000.00 9,503.83 0.00 B-4 81744FBN6 0.00 2,509,000.00 5,711.40 0.00 B-5 81744FBP1 0.00 2,088,000.00 4,753.05 0.00 B-6 81744FBQ9 0.00 3,757,983.00 8,554.55 0.00 A-R 81744FBR7 0.00 0.00 0.00 0.00 - ------- ---- -------------- ------------- ---- Totals 0.00 792,699,540.16 17,639,338.51 0.00 ---- -------------- ------------- ----
All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. PRINCIPAL DISTRIBUTION STATEMENT
Beginning Scheduled Unscheduled Original Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) - ------------ --------------- -------------- ------------ -------------- --------- -------- A 799,511,000.00 773,006,456.77 0.00 15,798,899.61 0.00 0.00 X-1 0.00 0.00 0.00 0.00 0.00 0.00 X-2 0.00 0.00 0.00 0.00 0.00 0.00 X-B 0.00 0.00 0.00 0.00 0.00 0.00 B-1 14,612,000.00 14,612,000.00 0.00 0.00 0.00 0.00 B-2 8,350,000.00 8,350,000.00 0.00 0.00 0.00 0.00 B-3 4,175,000.00 4,175,000.00 0.00 0.00 0.00 0.00 B-4 2,509,000.00 2,509,000.00 0.00 0.00 0.00 0.00 B-5 2,088,000.00 2,088,000.00 0.00 0.00 0.00 0.00 B-6 3,757,983.00 3,757,983.00 0.00 0.00 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 - ------------ --------------- -------------- -------- -------------- ------- ------ Totals 835,003,083.00 808,498,439.77 0.00 15,798,899.61 0.00 0.00 --------------- -------------- -------- -------------- ------- ------ Total Principal Ending Certificate Ending Certificate Total Principal Class Reduction Balance Percentage Distribution - ------------ --------------- ------------------ ------------------ --------------- A 15,798,899.61 757,207,557.16 0.94708835 15,798,899.61 X-1 0.00 0.00 0.00000000 0.00 X-2 0.00 0.00 0.00000000 0.00 X-B 0.00 0.00 0.00000000 0.00 B-1 0.00 14,612,000.00 1.00000000 0.00 B-2 0.00 8,350,000.00 1.00000000 0.00 B-3 0.00 4,175,000.00 1.00000000 0.00 B-4 0.00 2,509,000.00 1.00000000 0.00 B-5 0.00 2,088,000.00 1.00000000 0.00 B-6 0.00 3,757,983.00 1.00000000 0.00 A-R 0.00 0.00 0.00000000 0.00 - ------------ -------------- ----------------- -------------- --------------- Totals 15,798,899.61 792,699,540.16 0.94933726 15,798,899.61 -------------- ----------------- -------------- ---------------
(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. PRINCIPAL DISTRIBUTION FACTORS STATEMENT
Beginning Scheduled Unscheduled Original Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (3) - ------ -------------- ------------- ------------ ------------- ---------- ---------- A 799,511,000.00 966.84905745 0.00000000 19.76070324 0.00000000 0.00000000 X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 14,612,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-2 8,350,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-3 4,175,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-4 2,509,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-5 2,088,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-6 3,757,983.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Total Principal Ending Certificate Ending Certificate Total Principal Class Reduction Balance Percentage Distribution - ------ --------------- ------------------ ------------------- --------------- A 19.76070324 947.08835421 0.94708835 19.76070324 X-1 0.00000000 0.00000000 0.00000000 0.00000000 X-2 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 1000.00000000 1.00000000 0.00000000 B-2 0.00000000 1000.00000000 1.00000000 0.00000000 B-3 0.00000000 1000.00000000 1.00000000 0.00000000 B-4 0.00000000 1000.00000000 1.00000000 0.00000000 B-5 0.00000000 1000.00000000 1.00000000 0.00000000 B-6 0.00000000 1000.00000000 1.00000000 0.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000
(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. INTEREST DISTRIBUTION STATEMENT
Beginning Payment of Current Certificate/ Current Unpaid Current Original Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall - ------ -------------- ----------- -------------- ------------ ----------- --------- A 799,511,000.00 1.60813% 773,006,456.77 1,035,912.39 0.00 0.00 X-1 0.00 0.80000% 714,258,352.25 476,172.23 0.00 0.00 X-2 0.00 0.38431% 773,006,456.77 247,561.50 0.00 0.00 X-B 0.00 0.66618% 22,962,000.00 12,747.40 0.00 0.00 B-1 14,612,000.00 1.92000% 14,612,000.00 23,379.20 0.00 0.00 B-2 8,350,000.00 2.32000% 8,350,000.00 16,143.33 0.00 0.00 B-3 4,175,000.00 2.73164% 4,175,000.00 9,503.83 0.00 0.00 B-4 2,509,000.00 2.73164% 2,509,000.00 5,711.40 0.00 0.00 B-5 2,088,000.00 2.73164% 2,088,000.00 4,753.05 0.00 0.00 B-6 3,757,983.00 2.73164% 3,757,983.00 8,554.55 0.00 0.00 A-R 100.00 2.68422% 0.00 0.00 0.00 0.00 - ------ -------------- ------------ -------- ------- Totals 835,003,083.00 1,840,438.88 0.00 0.00 -------------- ------------ -------- ------- Non- Remaining Ending Supported Unpaid Certificate/ Interest Realized Total Interest Interest Notational Class Shortfall Loss (4) Distribution Shortfall Balance - ------ ---------- --------- -------------- ---------- --------------- A 0.00 0.00 1,035,912.40 0.00 757,207,557.16 X-1 0.00 0.00 476,172.24 0.00 687,820,907.09 X-2 0.00 0.00 247,561.50 0.00 757,207,557.16 X-B 0.00 0.00 12,747.40 0.00 22,962,000.00 B-1 0.00 0.00 23,379.20 0.00 14,612,000.00 B-2 0.00 0.00 16,143.33 0.00 8,350,000.00 B-3 0.00 0.00 9,503.83 0.00 4,175,000.00 B-4 0.00 0.00 5,711.40 0.00 2,509,000.00 B-5 0.00 0.00 4,753.05 0.00 2,088,000.00 B-6 0.00 0.00 8,554.55 0.00 3,757,983.00 A-R 0.00 0.00 0.00 0.00 0.00 - ------ ------- ------- ------------ -------- Totals 0.00 0.00 1,840,438.90 0.00 ------- ------- ------------ --------
(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. INTEREST DISTRIBUTION FACTORS STATEMENT
Payment of Current Beginning Unpaid Current Class Original Face Certificate Certificate/ Current Accrued Interest Interest (5) Amount Rate Notional Balance Interest Shortfall Shortfall - ----- ---------------- ----------- ---------------- ---------------- ------------ ---------- A 799,511,000.00 1.60813% 966.84905745 1.29568247 0.00000000 0.00000000 X-1 0.00 0.80000% 893.36901212 0.59557934 0.00000000 0.00000000 X-2 0.00 0.38431% 966.84905745 0.30964114 0.00000000 0.00000000 X-B 0.00 0.66618% 1000.00000000 0.55515199 0.00000000 0.00000000 B-1 14,612,000.00 1.92000% 1000.00000000 1.60000000 0.00000000 0.00000000 B-2 8,350,000.00 2.32000% 1000.00000000 1.93333293 0.00000000 0.00000000 B-3 4,175,000.00 2.73164% 1000.00000000 2.27636647 0.00000000 0.00000000 B-4 2,509,000.00 2.73164% 1000.00000000 2.27636509 0.00000000 0.00000000 B-5 2,088,000.00 2.73164% 1000.00000000 2.27636494 0.00000000 0.00000000 B-6 3,757,983.00 2.73164% 1000.00000000 2.27636740 0.00000000 0.00000000 A-R 100.00 2.68422% 0.00000000 0.00000000 0.00000000 0.00000000 Non- Remaining Supported Unpaid Class Interest Realized Total Interest Interest Ending Certificate/ (5) Shortfall Loss (6) Distribution Shortfall Notational Balance - ----- ---------- ---------- -------------- ---------- -------------------- A 0.00000000 0.00000000 1.29568249 0.00000000 947.08835421 X-1 0.00000000 0.00000000 0.59557935 0.00000000 860.30199346 X-2 0.00000000 0.00000000 0.30964114 0.00000000 947.08835421 X-B 0.00000000 0.00000000 0.55515199 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 1.60000000 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 1.93333293 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 2.27636647 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 2.27636509 0.00000000 1000.00000000 B-5 0.00000000 0.00000000 2.27636494 0.00000000 1000.00000000 B-6 0.00000000 0.00000000 2.27636740 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
(5) Per $1 denomination (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. CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 17,813,709.32 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 98,331.58 Realized Losses (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 ------------- Total Deposits 17,912,040.90 Withdrawals Reimbursement for Servicer Advances 14,336.50 Payment of Service Fee 258,365.88 Payment of Interest and Principal 17,639,338.52 ------------- Total Withdrawals (Pool Distribution Amount) 17,912,040.90 Ending Balance 0.00 =============
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 ----- Non-Supported Prepayment Curtailment Interest Shortfall (0.01) =====
SERVICING FEES Gross Servicing Fee 253,312.76 Master Servicing Fee 5,053.12 Supported Prepayment/Curtailment Interest Shortfall 0.00 ---------- Net Servicing Fee 258,365.88 ==========
OTHER ACCOUNTS
Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance - --------------------- --------- ----------- -------- -------- Class X-1 Sub Account 4,500.00 0.00 0.00 4,500.00 Class X-2 Sub Account 4,500.00 0.00 0.00 4,500.00 Class X-B Sub Account 1,000.00 0.00 0.00 1,000.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENT BANKRUPTCY FORECLOSURE - --------------------------------------- --------------------------------- ---------------------------------- No. of Principal No. of Principal No. of Principal Loans Balance Loans Balance Loans Balance 0-29 Days 0 0.00 0-29 Days 0 0.00 0-29 Days 0 0.00 30 Days 122 41,670,408.51 30 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+ Days 0 0.00 180+ Days 0 0.00 -------- ------------- -------- -------- -------- -------- 122 41,670,408.51 0 0.00 0 0.00 No. of Principal No. of Principal No. of Principal Loans Balance Loans Balance Loans Balance 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 30 Days 5.060141% 5.256773% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- ----------- -------- -------- -------- -------- 5.060141% 5.256773% 0.000000% 0.000000% 0.000000% 0.000000% REO TOTAL - ---------------------------------- ------------------------------------- No. of Principal No. of Principal Loans Balance Loans Balance 0-29 Days 0 0.00 0-29 Days 0 0.00 30 Days 0 0.00 30 Days 122 41,670,408.51 60 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+ Days 0 0.00 -------- -------- -------- ------------- 0 0.00 122 41,670,408.51 No. of Principal No. of Principal Loans Balance Loans Balance 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 5.060141% 5.256773% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- -------- ------------- 0.000000% 0.000000% 5.060141% 5.256773%
Current Period Class A Insufficient Funds: 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 98,331.58
Original $ Original% Current $ Current % Current Class % Prepayment % ---------- --------- --------- --------- --------------- ------------ Class A 35,491,983.00 4.25052119% 35,491,983.00 4.47735632% 95.522644% 0.000000% Class X-1 35,491,983.00 4.25052119% 35,491,983.00 4.47735632% 0.000000% 0.000000% Class X-2 35,491,983.00 4.25052119% 35,491,983.00 4.47735632% 0.000000% 0.000000% Class B-1 20,879,983.00 2.50058753% 20,879,983.00 2.63403496% 1.843321% 41.169861% Class B-2 12,529,983.00 1.50059123% 12,529,983.00 1.58067242% 1.053363% 23.526440% Class B-3 8,354,983.00 1.00059307% 8,354,983.00 1.05399115% 0.526681% 11.763220% Class B-4 5,845,983.00 0.70011514% 5,845,983.00 0.73747778% 0.316513% 7.069202% Class B-5 3,757,983.00 0.45005618% 3,757,983.00 0.47407407% 0.263404% 5.883019% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.474074% 10.588259%
Please refer to the prospectus supplement for a full description of loss exposure COLLATERAL STATEMENT
Collateral Description Mixed Arm Weighted Average Gross Coupon 3.115115% Weighted Average Net Coupon 2.739140% Weighted Average Pass-Through Rate 2.731640% Weighted Average Maturity (Stepdown Calculation) 339 Beginning Scheduled Collateral Loan Count 2,451 Number of Loans Paid in Full 40 Ending Scheduled Collateral Loan Count 2,411 Beginning Scheduled Collateral Balance 808,498,440.51 Ending Scheduled Collateral Balance 792,699,540.90 Ending Actual Collateral Balance at 30-July-2004 792,699,380.87 Monthly P&I Constant 2,098,804.75 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realization Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 17,571,293.13 Ending Scheduled Balance for Premium Loans 792,699,540.90 Scheduled Principal 0.00 Unscheduled Principal 15,798,899.61
MISCELLANEOUS REPORTING One-Month Libor Loan Balance 104,996,697.47 Six-Month Libor Loan Balance 687,702,843.43 Prorata Senior Percentage 95.610136% Senior Percentage 100.000000% Senior Prepayment Percentage 100.000000% Subordinate Percentage 0.000000% Subordinate Prepayment Percentage 0.000000%
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