-----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, DGYwj80btMZV2M2mZESbf3UiwP+nEPe8e5LTotCLtf6vWjXLDgL37h4+25bsiUM+ d7nBTsyVPCrrs50bKnxh5g== 0000950149-03-002277.txt : 20031008 0000950149-03-002277.hdr.sgml : 20031008 20031008154826 ACCESSION NUMBER: 0000950149-03-002277 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030922 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031008 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: 03933381 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 f93523ie8vk.htm FORM 8-K e8vk
Table of Contents

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

September 22, 2003
Date of Report (Date of Earliest Event Reported)

SEQUOIA RESIDENTIAL FUNDING, INC.
(as Depositor of Sequoia Mortgage Trust 2003-4, the Issuer of Mortgage Pass-
Through Certificates under a Pooling and Servicing Agreement
dated as of July 1, 2003)

SEQUOIA RESIDENTIAL FUNDING, INC.

(Exact Name of Registrant as Specified in Its Charter)
         
Delaware   333-103634   35-2170972
 
 
(State or Other Jurisdiction of Incorporation)   (Commission File Number)   (I.R.S. Employer 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)

591 Redwood Highway, Suite 3160, Mill Valley, CA 94941
(Former Name or Former Address, if Changed Since Last Report)

 

Item 5. Other Events
Item 7(c). Exhibits
SIGNATURE
EXHIBIT INDEX
Exhibit 10.1

Table of Contents

INFORMATION TO BE INCLUDED IN THE REPORT

     
Item 5.   Other Events
     
    Sequoia Residential Funding, Inc. has previously registered the offer and sale of Mortgage Pass-Through Certificates issued by Sequoia Mortgage Trust 2003-4 (the “Certificates”)
     
    The following exhibit which relates specifically to the Certificates is included with this Current Report:
     
Item 7(c)   Exhibits
     
10.1   Monthly Payment Date Statement relating to the distribution to Certificateholders, September 22, 2003.

 

Table of Contents

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: October 7, 2003

         
    SEQUOIA RESIDENTIAL FUNDING, INC
         
    By:   /s/ Harold F. Zagunis
       
        Harold F. Zagunis
        Chief Financial Officer, Treasurer and Secretary

 

Table of Contents

EXHIBIT INDEX

         
Exhibit Number       Page Number
     
10.1   Monthly Payment Date Statement relating to the distribution to Certificateholders, September 22, 2003    
5

  EX-10.1 3 f93523iexv10w1.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 2003-4 RECORD DATE: AUGUST 29, 2003 DISTRIBUTION DATE: SEPTEMBER 22, 2003 CERTIFICATEHOLDER DISTRIBUTION SUMMARY
Certificate Certificate Beginning Ending Class Pass-Through Certificate Interest Principal Current Certificate Class CUSIP Description Rate Balance Distribution Distribution Realized Loss Balance ----- --------- ----------- ------------ -------------- ------------ ------------- ------------- -------------- 1-A-1 81743PBH8 SEN 1.42000% 148,248,153.60 175,426.98 1,370,792.72 0.00 146,877,360.88 1-A-2 81743PBJ4 SEN 1.45375% 149,740,103.30 181,403.89 402,601.24 0.00 149,337,502.06 1-X-1A 81743PBM7 IO 0.90564% 0.00 53,020.31 0.00 0.00 0.00 1-X-1B 81743PBN5 IO 1.05588% 0.00 68,627.44 0.00 0.00 0.00 1-X-2 81743PBP0 IO 1.01862% 0.00 127,106.42 0.00 0.00 0.00 1-X-B 81743PBQ8 IO 0.67869% 0.00 2,185.39 0.00 0.00 0.00 1-A-R 81743PBL9 R 2.39158% 0.00 0.00 0.00 0.00 0.00 1-B-1 81743PBK1 SUB 1.76000% 3,864,000.00 5,667.20 0.00 0.00 3,864,000.00 1-B-2 81743PBR6 SUB 2.43868% 2,628,000.00 5,340.70 0.00 0.00 2,628,000.00 1-B-3 81743PBS4 SUB 2.43868% 1,546,000.00 3,141.83 0.00 0.00 1,546,000.00 1-B-4 81743PBT2 SUB 2.43868% 773,000.00 1,570.91 0.00 0.00 773,000.00 1-B-5 81743PBU9 SUB 2.43868% 464,000.00 942.96 0.00 0.00 464,000.00 1-B-6 81743PBV7 SUB 2.43868% 1,236,668.87 2,513.14 0.00 0.00 1,236,668.87 2-A-1 81743PBW5 SEN 1.46000% 188,012,934.52 228,749.07 3,236,127.68 0.00 184,776,806.84 2-M-1 81743PBX3 MEZ 1.58000% 9,986,000.00 13,148.23 0.00 0.00 9,986,000.00 2-X-1 81743PCA2 IO 0.94056% 0.00 147,363.99 0.00 0.00 0.00 2-X-M 81743PCB0 IO 0.82056% 0.00 6,828.40 0.00 0.00 0.00 2-X-B 81743PCC8 IO 0.64056% 0.00 1,263.50 0.00 0.00 0.00 2-A-R 81743PBZ8 R 2.34631% 0.00 0.00 0.00 0.00 0.00 2-B-1 81743PBY1 SUB 1.76000% 2,367,000.00 3,471.60 0.00 0.00 2,367,000.00 2-B-2 81743PCD6 SUB 2.40056% 824,000.00 1,648.38 0.00 0.00 824,000.00 2-B-3 81743PCE4 SUB 2.40056% 1,235,000.00 2,470.57 0.00 0.00 1,235,000.00 2-B-4 81743PCF1 SUB 2.40056% 618,000.00 1,236.29 0.00 0.00 618,000.00 2-B-5 81743PCG9 SUB 2.40056% 515,000.00 1,030.24 0.00 0.00 515,000.00 2-B-6 81743PCH7 SUB 2.40056% 926,589.00 1,853.61 0.00 0.00 926,589.00 --------- ----------- ------------ -------------- ------------ ------------- ------------- -------------- Totals 512,984,449.29 1,036,011.05 5,009,521.64 0.00 507,974,927.65 -------------- ------------ ------------- ------------- -------------- Total Cumulative Class Distribution Realized Loss ----- ------------- ------------- 1-A-1 1,546,219.70 0.00 1-A-2 584,005.13 0.00 1-X-1A 53,020.31 0.00 1-X-1B 68,627.44 0.00 1-X-2 127,106.42 0.00 1-X-B 2,185.39 0.00 1-A-R 0.00 0.00 1-B-1 5,667.20 0.00 1-B-2 5,340.70 0.00 1-B-3 3,141.83 0.00 1-B-4 1,570.91 0.00 1-B-5 942.96 0.00 1-B-6 2,513.14 0.00 2-A-1 3,464,876.75 0.00 2-M-1 13,148.23 0.00 2-X-1 147,363.99 0.00 2-X-M 6,828.40 0.00 2-X-B 1,263.50 0.00 2-A-R 0.00 0.00 2-B-1 3,471.60 0.00 2-B-2 1,648.38 0.00 2-B-3 2,470.57 0.00 2-B-4 1,236.29 0.00 2-B-5 1,030.24 0.00 2-B-6 1,853.61 0.00 ------------ ------------- Totals 6,045,532.69 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 Ending Original Face Certificate Principal Principal Realized Total Principal Certificate Class Amount Balance Distribution Distribution Accretion Loss (1) Reduction Balance - ----- -------------- -------------- ------------ ------------- --------- -------- --------------- -------------- 1-A-1 148,641,000.00 148,248,153.60 0.00 1,370,792.72 0.00 0.00 1,370,792.72 146,877,360.88 1-A-2 150,000,000.00 149,740,103.30 0.00 402,601.24 0.00 0.00 402,601.24 149,337,502.06 1-X-1A 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1-X-1B 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1-X-2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1-X-B 0.00 0.00 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 0.00 0.00 1-B-1 3,864,000.00 3,864,000.00 0.00 0.00 0.00 0.00 0.00 3,864,000.00 1-B-2 2,628,000.00 2,628,000.00 0.00 0.00 0.00 0.00 0.00 2,628,000.00 1-B-3 1,546,000.00 1,546,000.00 0.00 0.00 0.00 0.00 0.00 1,546,000.00 1-B-4 773,000.00 773,000.00 0.00 0.00 0.00 0.00 0.00 773,000.00 1-B-5 464,000.00 464,000.00 0.00 0.00 0.00 0.00 0.00 464,000.00 1-B-6 1,236,668.87 1,236,668.87 0.00 0.00 0.00 0.00 0.00 1,236,668.87 2-A-1 189,415,000.00 188,012,934.52 10,145.91 3,225,981.77 0.00 0.00 3,236,127.68 184,776,806.84 2-M-1 9,986,000.00 9,986,000.00 0.00 0.00 0.00 0.00 0.00 9,986,000.00 2-X-1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2-X-M 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2-X-B 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2-A-R 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2-B-1 2,367,000.00 2,367,000.00 0.00 0.00 0.00 0.00 0.00 2,367,000.00 2-B-2 824,000.00 824,000.00 0.00 0.00 0.00 0.00 0.00 824,000.00 2-B-3 1,235,000.00 1,235,000.00 0.00 0.00 0.00 0.00 0.00 1,235,000.00 2-B-4 618,000.00 618,000.00 0.00 0.00 0.00 0.00 0.00 618,000.00 2-B-5 515,000.00 515,000.00 0.00 0.00 0.00 0.00 0.00 515,000.00 2-B-6 926,589.00 926,589.00 0.00 0.00 0.00 0.00 0.00 926,589.00 -------------- -------------- --------- ------------ ---- ---- ------------ -------------- Totals 515,039,457.87 512,984,449.29 10,145.91 4,999,375.73 0.00 0.00 5,009,521.64 507,974,927.65 -------------- -------------- --------- ------------ ---- ---- ------------ -------------- Ending Certificate Total Principal Class Percentage Distribution - ----- ----------- --------------- 1-A-1 0.98813491 1,370,792.72 1-A-2 0.99558335 402,601.24 1-X-1A 0.00000000 0.00 1-X-1B 0.00000000 0.00 1-X-2 0.00000000 0.00 1-X-B 0.00000000 0.00 1-A-R 0.00000000 0.00 1-B-1 1.00000000 0.00 1-B-2 1.00000000 0.00 1-B-3 1.00000000 0.00 1-B-4 1.00000000 0.00 1-B-5 1.00000000 0.00 1-B-6 1.00000000 0.00 2-A-1 0.97551306 3,236,127.68 2-M-1 1.00000000 0.00 2-X-1 0.00000000 0.00 2-X-M 0.00000000 0.00 2-X-B 0.00000000 0.00 2-A-R 0.00000000 0.00 2-B-1 1.00000000 0.00 2-B-2 1.00000000 0.00 2-B-3 1.00000000 0.00 2-B-4 1.00000000 0.00 2-B-5 1.00000000 0.00 2-B-6 1.00000000 0.00 ----------- --------------- Totals 0.98628352 5,009,521.64 ----------- ---------------
(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 Ending Original Face Certificate Principal Principal Realized Total Principal Certificate Class Amount Balance Distribution Distribution Accretion Loss (3) Reduction Balance - ----- -------------- -------------- ------------ ------------- ---------- ---------- --------------- ------------- 1-A-1 148,641,000.00 997.35707914 0.00000000 9.22217100 0.00000000 0.00000000 9.22217100 988.13490813 1-A-2 150,000,000.00 998.26735533 0.00000000 2.68400827 0.00000000 0.00000000 2.68400827 995.58334707 1-X-1A 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-X-1B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-X-B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-B-1 3,864,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1-B-2 2,628,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1-B-3 1,546,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1-B-4 773,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1-B-5 464,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1-B-6 1,236,668.87 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 2-A-1 189,415,000.00 992.59791738 0.05356445 17.03128987 0.00000000 0.00000000 17.08485431 975.51306306 2-M-1 9,986,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 2-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-X-M 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-X-B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-R 100.00 0.00000000 0.0000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 2,367,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 2-B-2 824,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 2-B-3 1,235,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 2-B-4 618,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 2-B-5 515,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 2-B-6 926,589.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 Ending Certificate Total Principal Class Percentage Distribution - ----- ----------- --------------- 1-A-1 0.98813491 9.22217100 1-A-2 0.99559335 2.68400827 1-X-1A 0.00000000 0.00000000 1-X-1B 0.00000000 0.00000000 1-X-2 0.00000000 0.00000000 1-X-B 0.00000000 0.00000000 1-A-R 0.00000000 0.00000000 1-B-1 1.00000000 0.00000000 1-B-2 1.00000000 0.00000000 1-B-3 1.00000000 0.00000000 1-B-4 1.00000000 0.00000000 1-B-5 1.00000000 0.00000000 1-B-6 1.00000000 0.00000000 2-A-1 0.97551306 17.08485431 2-M-1 1.00000000 0.00000000 2-X-1 0.00000000 0.00000000 2-X-M 0.00000000 0.00000000 2-X-B 0.00000000 0.00000000 2-A-R 0.00000000 0.00000000 2-B-1 1.00000000 0.00000000 2-B-2 1.00000000 0.00000000 2-B-3 1.00000000 0.00000000 2-B-4 1.00000000 0.00000000 2-B-5 1.00000000 0.00000000 2-B-6 1.00000000 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 Non- Current Certificate/ Current Unpaid Current Supported Original Face Certificate Notional Accrued Interest Interest Interest Realized Class Amount Rate Balance Interest Shortfall Shortfall Shortfall Loss (4) ----- ---------------- ----------- -------------- ------------ ---------- --------- --------- --------- 1-A-1 148,641,000.00 1.42000% 148,248,153.60 175,426.98 0.00 0.00 0.00 0.00 1-A-2 150,000,000.00 1.45375% 149,740,103.30 181,403.90 0.00 0.00 0.00 0.00 1-X-1A 0.00 0.90564% 70,253,745.77 53,020.31 0.00 0.00 0.00 0.00 1-X-1B 0.00 1.05588% 77,994,407.83 68,627.44 0.00 0.00 0.00 0.00 1-X-2 0.00 1.01862% 149,740,103.30 127,106.42 0.00 0.00 0.00 0.00 1-X-B 0.00 0.67869% 3,864,000.00 2,185.39 0.00 0.00 0.00 0.00 1-A-R 100.00 2.39158% 0.00 0.00 0.00 0.00 0.00 0.00 1-B-1 3,864,000.00 1.76000% 3,864,000.00 5,667.20 0.00 0.00 0.00 0.00 1-B-2 2,628,000.00 2.43868% 2,628,000.00 5,340.70 0.00 0.00 0.00 0.00 1-B-3 1,546,000.00 2.43868% 1,546,000.00 3,141.83 0.00 0.00 0.00 0.00 1-B-4 773,000.00 2.43868% 773,000.00 1,570.91 0.00 0.00 0.00 0.00 1-B-5 464,000.00 2.43868% 464,000.00 942.96 0.00 0.00 0.00 0.00 1-B-6 1,236,668.87 2.43868% 1,236,668.87 2,513.20 0.00 0.00 0.00 0.00 2-A-1 189,415,000.00 1.46000% 188,012,934.52 228,749.07 0.00 0.00 0.00 0.00 2-M-1 9,986,000.00 1.58000% 9,986,000.00 13,148.23 0.00 0.00 0.00 0.00 2-X-1 0.00 0.94056% 188,012,934.52 147,363.99 0.00 0.00 0.00 0.00 2-X-M 0.00 0.82056% 9,986,000.00 6,828.40 0.00 0.00 0.00 0.00 2-X-B 0.00 0.64056% 2,367,000.00 1,263.50 0.00 0.00 0.00 0.00 2-A-R 100.00 2.34631% 0.00 0.00 0.00 0.00 0.00 0.00 2-B-1 2,367,000.00 1.76000% 2,367,000.00 3,471.60 0.00 0.00 0.00 0.00 2-B-2 824,000.00 2.40056% 824,000.00 1,648.38 0.00 0.00 0.00 0.00 2-B-3 1,235,000.00 2.40056% 1,235,000.00 2,470.57 0.00 0.00 0.00 0.00 2-B-4 618,000.00 2.40056% 618,000.00 1,236.29 0.00 0.00 0.00 0.00 2-B-5 515,000.00 2.40056% 515,000.00 1,030.24 0.00 0.00 0.00 0.00 2-B-6 926,589.00 2.40056% 926,589.00 1,853.61 0.00 0.00 0.00 0.00 ---------------- ----------- -------------- ------------ ---------- --------- --------- --------- Totals 515,039,457.87 1,036,011.12 0.00 0.00 0.00 0.00 ---------------- ----------- -------------- ------------ ---------- --------- --------- --------- Remaining Ending Unpaid Certificate/ Total Interest Interest Notational Class Distribution Shortfall Balance ----- -------------- --------- -------------- 1-A-1 175,426.98 0.00 146,877,360.88 1-A-2 181,403.89 0.00 149,337,502.06 1-X-1A 53,020.31 0.00 69,054,520.98 1-X-1B 68,627.44 0.00 77,822,839.90 1-X-2 127,106.42 0.00 149,337,502.06 1-X-B 2,185.39 0.00 3,864,000.00 1-A-R 0.00 0.00 0.00 1-B-1 5,667.20 0.00 3,864,000.00 1-B-2 5,340.70 0.00 2,628,000.00 1-B-3 3,141.83 0.00 1,546,000.00 1-B-4 1,570.91 0.00 773,000.00 1-B-5 942.96 0.00 464,000.00 1-B-6 2,513.14 0.00 1,236,668.87 2-A-1 228,749.07 0.00 184,776,806.84 2-M-1 13,148.23 0.00 9,986,000.00 2-X-1 147,363.99 0.00 184,776,806.84 2-X-M 6,828.40 0.00 9,986,000.00 2-X-B 1,263.50 0.00 2,367,000.00 2-A-R 0.00 0.00 0.00 2-B-1 3,471.60 0.00 2,367,000.00 2-B-2 1,648.38 0.00 824,000.00 2-B-3 2,470.57 0.00 1,235,000.00 2-B-4 1,236.29 0.00 618,000.00 2-B-5 1,030.24 0.00 515,000.00 2-B-6 1,853.61 0.00 926,589.00 ------------ --------- -------------- Totals 1,036,011.05 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
Beginning Payment of Non- Current Certificate/ Current Unpaid Current Supported Class Original Face Certificate Notional Accrued Interest Interest Interest Realized (5) Amount Rate Balance Interest Shortfall Shortfall Shortfall Loss (6) ----- -------------- ------------ -------------- ---------- ---------- ---------- ---------- ---------- 1-A-1 148,641,000.00 1.42000% 997.35707914 1.18020587 0.00000000 0.00000000 0.00000000 0.00000000 1-A-2 150,000,000.00 1.45375% 998.26735533 1.20935933 0.00000000 0.00000000 0.00000000 0.00000000 1-X-1A 0.00 0.90564% 998.47230896 0.75354432 0.00000000 0.00000000 0.00000000 0.00000000 1-X-1B 0.00 1.05588% 996.35467509 0.87669453 0.00000000 0.00000000 0.00000000 0.00000000 1-X-2 0.00 1.01862% 998.26735533 0.84737613 0.00000000 0.00000000 0.00000000 0.00000000 1-X-B 0.00 0.67869% 1000.00000000 0.56557712 0.00000000 0.00000000 0.00000000 0.00000000 1-A-R 100.00 2.39158% 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-B-1 3,864,000.00 1.76000% 1000.00000000 1.46666667 0.00000000 0.00000000 0.00000000 0.00000000 1-B-2 2,628,000.00 2.43868% 1000.00000000 2.03222983 0.00000000 0.00000000 0.00000000 0.00000000 1-B-3 1,546,000.00 2.43868% 1000.00000000 2.03223157 0.00000000 0.00000000 0.00000000 0.00000000 1-B-4 773,000.00 2.43868% 1000.00000000 2.03222510 0.00000000 0.00000000 0.00000000 0.00000000 1-B-5 464,000.00 2.43868% 1000.00000000 2.03224138 0.00000000 0.00000000 0.00000000 0.00000000 1-B-6 1,236,668.87 2.43868% 1000.00000000 2.03223358 0.00000000 0.00004043 0.00000000 0.00000000 2-A-1 189,415,000.00 1.46000% 992.59791738 1.20766080 0.00000000 0.00000000 0.00000000 0.00000000 2-M-1 9,986,000.00 1.58000% 1000.00000000 1.31666633 0.00000000 0.00000000 0.00000000 0.00000000 2-X-1 0.00 0.94056% 992.59791738 0.77799535 0.00000000 0.00000000 0.00000000 0.00000000 2-X-M 0.00 0.82056% 1000.00000000 0.68379732 0.00000000 0.00000000 0.00000000 0.00000000 2-X-B 0.00 0.64056% 1000.00000000 0.53379806 0.00000000 0.00000000 0.00000000 0.00000000 2-A-R 100.00 2.34631% 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 2,367,000.00 1.76000% 1000.00000000 1.46666667 0.00000000 0.00000000 0.00000000 0.00000000 2-B-2 824,000.00 2.40056% 1000.00000000 2.00046117 0.00000000 0.00000000 0.00000000 0.00000000 2-B-3 1,235,000.00 2.40056% 1000.00000000 2.00046154 0.00000000 0.00000000 0.00000000 0.00000000 2-B-4 618,000.00 2.40056% 1000.00000000 2.00046926 0.00000000 0.00000000 0.00000000 0.00000000 2-B-5 515,000.00 2.40056% 1000.00000000 2.00046602 0.00000000 0.00000000 0.00000000 0.00000000 2-B-6 926,589.00 2.40056% 1000.00000000 2.00046623 0.00000000 0.00000000 0.00000000 0.00000000 Remaining Ending Unpaid Certificate/ Class Total Interest Interest Notational (5) Distribution Shortfall Balance ----- -------------- ---------- ------------- 1-A-1 1.18020587 0.00000000 988.13490813 1-A-2 1.20935927 0.00000000 995.58334707 1-X-1A 0.75354432 0.00000000 981.42848116 1-X-1B 0.87669453 0.00000000 994.16294733 1-X-2 0.84737613 0.00000000 995.58334707 1-X-B 0.56557712 0.00000000 1000.00000000 1-A-R 0.00000000 0.00000000 0.00000000 1-B-1 1.46666667 0.00000000 1000.00000000 1-B-2 2.03222983 0.00000000 1000.00000000 1-B-3 2.03223157 0.00000000 1000.00000000 1-B-4 2.03222510 0.00000000 1000.00000000 1-B-5 2.03224138 0.00000000 1000.00000000 1-B-6 2.03218506 0.00004043 1000.00000000 2-A-1 1.20766080 0.00000000 975.51306306 2-M-1 1.31666633 0.00000000 1000.00000000 2-X-1 0.77799535 0.00000000 975.51306306 2-X-M 0.68379732 0.00000000 1000.00000000 2-X-B 0.53379806 0.00000000 1000.00000000 2-A-R 0.00000000 0.00000000 0.00000000 2-B-1 1.46666667 0.00000000 1000.00000000 2-B-2 2.00046117 0.00000000 1000.00000000 2-B-3 2.00046154 0.00000000 1000.00000000 2-B-4 2.00046926 0.00000000 1000.00000000 2-B-5 2.00046602 0.00000000 1000.00000000 2-B-6 2.00046623 0.00000000 1000.00000000
(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 6,192,278.15 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 1,850.62 Realized Losses (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 ------------ Total Deposits 6,194,128.77 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 148,596.06 Payment of Interest and Principal 6,045,532.71 ------------ Total Withdrawals (Pool Distribution Amount) 6,194,128.77 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 0.00 ==========
SERVICING FEES Gross Servicing Fee 147,527.35 Master Servicing Fee 1,068.71 Supported Prepayment/Curtailment Interest Shortfall 0.00 ---------- Net Servicing Fee 148,596.06 ==========
Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance ------------ --------- ----------- -------- -------- 1-X-1A Reserve Fund 4,000.00 0.00 0.00 4,000.00 1-X-2 Reserve Fund 4,000.00 0.00 0.00 4,000.00 1-X-1B Reserve Fund 2,000.00 0.00 0.00 2,000.00 2-X-1 Reserve Fund 5,000.00 0.00 0.00 5,000.00 2-X-B Reserve Fund 2,500.00 0.00 0.00 2,500.00 2-X-M Reserve Fund 2,500.00 0.00 0.00 2,500.00
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 1 987,000.00 0-29 Days 0 0.00 0-29 Days 0 0.00 30 Days 0 0.00 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 -------- ---------- -------- -------- -------- -------- 1 987,000.00 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 0.096246% 0.194301% 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% -------- ---------- -------- -------- -------- -------- 0.096246% 0.194301% 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 1 987,000.00 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 1 987,000.00 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 0.096246% 0.194301% 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% 0.096246% 0.194301%
Current Period Class A Insufficient Funds: 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 1,850.62 GROUP 1A - 1 MO.
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 1 987,000.00 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 -------- ---------- -------- -------- -------- -------- 1 987,000.00 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 0.621118% 1.380143% 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% -------- ---------- -------- -------- -------- -------- 0.621118% 1.380143% 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 1 987,000.00 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 1 987,000.00 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 0.621118% 1.380143% 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% 0.621118% 1.380143%
Group 1A - 6 Mo.
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 0 0.00 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 -------- -------- -------- -------- -------- -------- 0 0.00 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 0.000000% 0.000000% 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% -------- -------- -------- -------- -------- -------- 0.000000% 0.000000% 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 0 0.00 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 0 0.00 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 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% 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% 0.000000% 0.000000%
GROUP 1B
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 0 0.00 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 -------- -------- -------- -------- -------- -------- 0 0.00 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 0.000000% 0.000000% 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% -------- -------- -------- -------- -------- -------- 0.000000% 0.000000% 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 0 0.00 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 0 0.00 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 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% 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% 0.000000% 0.000000%
Group 2
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 0 0.00 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 -------- -------- -------- -------- -------- -------- 0 0.00 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 0.000000% 0.000000% 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% -------- -------- -------- -------- -------- -------- 0.000000% 0.000000% 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 0 0.00 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 0 0.00 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 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% 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% 0.000000% 0.000000%
COLLATERAL STATEMENT Collateral Description Mixed Arm Weighted Average Gross Coupon 2.771095% Weighted Average Net Coupon 2.425991% Weighted Average Pass-Through Rate 2.423491% Weighted Average Maturity (Stepdown Calculation) 322 Beginning Scheduled Collateral Loan Count 1,043 Number of Loans Paid in Full 4 Ending Scheduled Collateral Loan Count 1,039 Beginning Scheduled Collateral Balance 512,984,450.04 Ending Scheduled Collateral Balance 507,974,928.40 Ending Actual Collateral Balance at 29-Aug-2003 507,974,928.40 Monthly P&I Constant 1,194,753.06 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 507,974,928.40 Scheduled Principal 10,145.91 Unscheduled Principal 4,999,375.73
MISCELLANEOUS REPORTING Group 1A Pro Rata Senior Percentage 96.591087% Group 1B Pro Rata Senior Percentage 96.594200% Group 2 Pro Rata Senior Percentage 91.944823% Group 1A Senior Percentage 100.000000% Group 1B Senior Percentage 100.000000% Group 2 Senior Percentage 100.000000% Group 1A Senior Prepayment Percentage 100.000000% Group 1B Senior Prepayment Percentage 100.000000% Group 2 Senior Prepayment Percentage 100.000000% Group 1 Subordinate Percentage 0.000000% Group 2 Subordinate Percentage 0.000000% Group 1 Subordinate Prepay Percentage 0.000000% Group 2 Subordinate Prepay Percentage 0.000000%
GROUP GROUP 1A - 1 MO GROUP 1A - 6 MO GROUP 1B GROUP 2 TOTAL Collateral Description 1 Month 6 Month 6 Month 1 Month LIBOR ARM LIBOR ARM LIBOR ARM LIBOR ARM Mixed ARM Weighted Average Coupon Rate 2.703137 2.853383 2.849866 2.703057 2.771095 Weighted Average Net Rate 2.328137 2.478383 2.474866 2.403057 2.425991 Pass-Through Rate 2.325637 2.475883 2.472366 2.400557 2.423491 Weighted Average Maturity 298 298 298 351 322 Record Date 08/29/2003 08/29/2003 08/29/2003 08/29/2003 08/29/2003 Principal and Interest Constant 163,839.72 192,001.74 368,154.67 470,756.93 1,194,753.06 Beginning Loan Count 162 241 425 215 1,043 Loans Paid in Full 1 0 1 2 4 Ending Loan Count 161 241 424 213 1,039 Beginning Scheduled Balance 72,733,155.73 80,747,002.87 155,019,767.17 204,484,524.27 512,984,450.04 Ending Scheduled Balance 71,514,352.75 80,595,013.13 154,617,165.93 201,248,396.59 507,974,928.40 Scheduled Principal 0.00 0.00 0.00 10,145.91 10,145.91 Unscheduled Principal 1,218,802.98 151,989.74 402,601.24 3,225,981.77 4,999,375.73 Scheduled Interest 163,839.72 192,001.74 368,154.67 460,611.02 1,184,607.15 Servicing Fee 22,729.11 25,233.44 48,443.68 51,121.12 147,527.35 Master Servicing Fee 0.00 0.00 0.00 0.00 0.00 Trustee Fee 151.53 168.22 322.96 426.00 1,068.71 FRY Amount 0.00 0.00 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 0.00 0.00 Net Interest 140,959.08 166,600.08 319,388.03 409,063.90 1,036,011.09 Realized Loss Amount 0.00 0.00 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 0.00 0.00
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