-----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, M+/rELTRNX8IO5y185d/SIiaFmuUgVZ2QkRRvYhZUC4oD38BiOpL30pXboCkDfs0 QlQkV+X2VLiZDqNzK8C2Og== 0000950149-04-000565.txt : 20040308 0000950149-04-000565.hdr.sgml : 20040308 20040305183522 ACCESSION NUMBER: 0000950149-04-000565 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040220 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040308 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: 04653217 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 f97116ce8vk.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 February 20, 2004 Date of Report (Date of Earliest Event Reported) SEQUOIA RESIDENTIAL FUNDING, INC. (as Depositor of Sequoia Mortgage Trust 2004-1, the Issuer of Mortgage Pass- Through Certificates under a Pooling and Servicing Agreement dated as of January 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 Identification No.) Incorporation)
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 5. OTHER EVENTS Sequoia Residential Funding, Inc. has previously registered the offer and sale of Mortgage Pass-Through Certificates issued by Sequoia Mortgage Trust 2004-1 (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, February 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: March 5, 2004 SEQUOIA RESIDENTIAL FUNDING, INC. By: /s/ Harold F. Zagunis --------------------------------------- Harold F. Zagunis Chief Financial Officer, Treasurer and Secretary EXHIBIT INDEX
Exhibit Number Page Number - -------------- ----------- 10.1 Monthly Payment Date Statement relating to the distribution to Certificateholders, February 20, 2004.................................... 5
EX-10.1 3 f97116cexv10w1.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 2004-1 RECORD DATE: JANUARY 30, 2004 DISTRIBUTION DATE: FEBRUARY 20, 2004 CERTIFICATEHOLDER DISTRIBUTION SUMMARY
Certificate Beginning Class Certificate Pass- Certificate Interest Principal Class CUSIP Description Through Rate Balance Distribution Distribution - ---------------------------------------------------------------------------------------------- A 81744FAA5 SEN 1.47000% 601,250,000.00 540,122.91 1,851,472.21 X-1 81744FAB3 IO 0.80000% 0.00 400,833.33 0.00 X-2 81744FAC1 IO 0.78892% 0.00 395,280.70 0.00 X-B 81744FAD9 IO 1.31475% 0.00 16,776.19 0.00 B-1 81744FAG2 SUB 1.65000% 9,375,000.00 9,453.12 0.00 B-2 81744FAH0 SUB 2.15000% 5,937,000.00 7,800.56 0.00 B-3 81744FAJ6 SUB 2.66692% 3,437,000.00 7,638.50 0.00 B-4 81744FAK3 SUB 2.66692% 1,562,000.00 3,471.44 0.00 B-5 81744FAL1 SUB 2.66692% 937,000.00 2,082.42 0.00 B-6 81744FAM9 SUB 2.66692% 2,500,468.00 5,557.12 0.00 A-R 81744FAF4 RES 2.66692% 100.00 0.22 100.00 - ---------------------------------------------------------------------------------------------- Totals 624,998,568.00 1,389,016.51 1,851,572.21 - ----------------------------------------------------------------------------------------------
Current Ending Certificate Total Cumulative Class CUSIP Realized Loss Balance Distribution Realized Loss - ---------------------------------------------------------------------------------- A 81744FAA5 0.00 599,398,527.79 2,391,595.12 0.00 X-1 81744FAB3 0.00 0.00 400,833.33 0.00 X-2 81744FAC1 0.00 0.00 395,280.70 0.00 X-B 81744FAD9 0.00 0.00 16,776.19 0.00 B-1 81744FAG2 0.00 9,375,000.00 9,453.12 0.00 B-2 81744FAH0 0.00 5,937,000.00 7,800.56 0.00 B-3 81744FAJ6 0.00 3,437,000.00 7,638.50 0.00 B-4 81744FAK3 0.00 1,562,000.00 3,471.44 0.00 B-5 81744FAL1 0.00 937,000.00 2,082.42 0.00 B-6 81744FAM9 0.00 2,500,468.00 5,557.12 0.00 A-R 81744FAF4 0.00 0.00 100.22 0.00 - ---------------------------------------------------------------------------------- Totals 0.00 623,146,995.79 3,240,588.72 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 601,250,000.00 601,250,000.00 1,946.06 1,849,526.15 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 9,375,000.00 9,375,000.00 0.00 0.00 0.00 0.00 B-2 5,937,000.00 5,937,000.00 0.00 0.00 0.00 0.00 B-3 3,437,000.00 3,437,000.00 0.00 0.00 0.00 0.00 B-4 1,562,000.00 1,562,000.00 0.00 0.00 0.00 0.00 B-5 937,000.00 937,000.00 0.00 0.00 0.00 0.00 B-6 2,500,468.00 2,500,468.00 0.00 0.00 0.00 0.00 A-R 100.00 100.00 0.11 99.89 0.00 0.00 --------------------------------------------------------------------------------------------- Totals 624,998,568.00 624,998,568.00 1,946.17 1,849,626.04 0.00 0.00 - ----------------------------------------------------------------------------------------------------------
Total Principal Ending Certificate Ending Certificate Total Principal Class Reduction Balance Percentage Distribution - ----------------------------------------------------------------------------------- A 1,851,472.21 599,398,527.79 0.99692063 1,851,472.21 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 9,375,000.00 1.00000000 0.00 B-2 0.00 5,937,000.00 1.00000000 0.00 B-3 0.00 3,437,000.00 1.00000000 0.00 B-4 0.00 1,562,000.00 1.00000000 0.00 B-5 0.00 937,000.00 1.00000000 0.00 B-6 0.00 2,500,468.00 1.00000000 0.00 A-R 100.00 0.00 0.00000000 100.00 ------------------------------------------------------------------------ Totals 1,851,572.21 623,146,995.79 0.99703748 1,851,572.21 - ---------------------------------------------------------------------------------
(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 601,250,000.00 1000.00000000 0.00323669 3.07613497 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 9,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-2 5,937,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-3 3,437,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-4 1,562,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-5 937,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-6 2,500,468.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 1000.00000000 1.10000000 998.90000000 0.00000000 0.00000000
Total Principal Ending Certificate Ending Certificate Total Principal Class Reduction Balance Percentage Distribution - -------------------------------------------------------------------------------- A 3.07937166 996.92062834 0.99692063 3.07937166 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 1000.00000000 0.00000000 0.00000000 1000.00000000
(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 Certificate/ Current Unpaid Current Original Face Current Notional Accrued Interest Interest Class Amount Certificate Rate Balance Interest Shortfall Shortfall - -------------------------------------------------------------------------------------------------- A 601,250,000.00 1.47000% 601,250,000.00 540,122.92 0.00 0.00 X-1 0.00 0.80000% 601,250,000.00 400,833.33 0.00 0.00 X-2 0.00 0.78892% 601,250,000.00 395,280.70 0.00 0.00 X-B 0.00 1.31475% 15,312,000.00 16,776.19 0.00 0.00 B-1 9,375,000.00 1.65000% 9,375,000.00 9,453.13 0.00 0.00 B-2 5,937,000.00 2.15000% 5,937,000.00 7,800.56 0.00 0.00 B-3 3,437,000.00 2.66692% 3,437,000.00 7,638.50 0.00 0.00 B-4 1,562,000.00 2.66692% 1,562,000.00 3,471.44 0.00 0.00 B-5 937,000.00 2.66692% 937,000.00 2,082.42 0.00 0.00 B-6 2,500,468.00 2.66692% 2,500,468.00 5,557.12 0.00 0.00 A-R 100.00 2.66692% 100.00 0.22 0.00 0.00 - -------------------------------------------------------------------------------------------------- Totals 624,998,568.00 1,389,016.53 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 0.00 540,122.91 0.00 599,398,527.79 X-1 0.00 0.00 400,833.33 0.00 579,211,434.73 X-2 0.00 0.00 395,280.70 0.00 599,398,527.79 X-B 0.00 0.00 16,776.19 0.00 15,312,000.00 B-1 0.00 0.00 9,453.12 0.00 9,375,000.00 B-2 0.00 0.00 7,800.56 0.00 5,937,000.00 B-3 0.00 0.00 7,638.50 0.00 3,437,000.00 B-4 0.00 0.00 3,471.44 0.00 1,562,000.00 B-5 0.00 0.00 2,082.42 0.00 937,000.00 B-6 0.00 0.00 5,557.12 0.00 2,500,468.00 A-R 0.00 0.00 0.22 0.00 0.00 - ------------------------------------------------------------------------ Totals 0.00 0.00 1,389,016.51 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 Non- Current Beginning Unpaid Current Supported Original Face Certificate Certificate/ Current Accrued Interest Interest Interest Realized Class (5) Amount Rate Notional Balance Interest Shortfall Shortfall Shortfall Loss (6) - ----------------------------------------------------------------------------------------------------------------------------------- A 601,250,000.00 1.47000% 1000.00000000 0.89833334 0.00000000 0.00000000 0.00000000 0.00000000 X-1 0.00 0.80000% 1000.00000000 0.66666666 0.00000000 0.00000000 0.00000000 0.00000000 X-2 0.00 0.78892% 1000.00000000 0.65743152 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00 1.31475% 1000.00000000 1.09562369 0.00000000 0.00000000 0.00000000 0.00000000 B-1 9,375,000.00 1.65000% 1000.00000000 1.00833387 0.00000000 0.00000000 0.00000000 0.00000000 B-2 5,937,000.00 2.15000% 1000.00000000 1.31388917 0.00000000 0.00000000 0.00000000 0.00000000 B-3 3,437,000.00 2.66692% 1000.00000000 2.22243235 0.00000000 0.00000000 0.00000000 0.00000000 B-4 1,562,000.00 2.66692% 1000.00000000 2.22243278 0.00000000 0.00000000 0.00000000 0.00000000 B-5 937,000.00 2.66692% 1000.00000000 2.22243330 0.00000000 0.00000000 0.00000000 0.00000000 B-6 2,500,468.00 2.66692% 1000.00000000 2.22243196 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 2.66692% 1000.00000000 2.20000000 0.00000000 0.00000000 0.00000000 0.00000000 Remaining Unpaid Total Interest Interest Ending Certificate/ Class (5) Distribution Shortfall Notational Balance - -------------------------------------------------------------- A 0.89833332 0.00000000 996.92062834 X-1 0.66666666 0.00000000 963.34542159 X-2 0.65743152 0.00000000 996.92062834 X-B 1.09562369 0.00000000 1000.00000000 B-1 1.00833280 0.00000000 1000.00000000 B-2 1.31388917 0.00000000 1000.00000000 B-3 2.22243235 0.00000000 1000.00000000 B-4 2.22243278 0.00000000 1000.00000000 B-5 2.22243330 0.00000000 1000.00000000 B-6 2.22243196 0.00000000 1000.00000000 A-R 2.20000000 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 3,440,782.40 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 955.73 Realized Losses (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 ------------ Total Deposits 3,441,738.13 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 201,149.41 Payment of Interest and Principal 3,240,588.72 ------------ Total Withdrawals (Pool Distribution Amount) 3,441,738.13 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 195,941.08 Master Servicing Fee 5,208.33 Supported Prepayment/Curtailment Interest Shortfall 0.00 ---------- Net Servicing Fee 201,149.41 ==========
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 1 398,916.67 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 ----------------------- -------------------- -------------------- 1 398,916.67 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 0.056022% 0.064016% 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% ----------------------- -------------------- -------------------- 0.056022% 0.064016% 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 1 398,916.67 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 1 398,916.67 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 0.056022% 0.064016% 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% 0.056022% 0.064016%
Current Period Class A Insufficient Funds: 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 955.73
Original $ Original% Current $ Current % Current Class % Prepayment % ------------- ---------- ------------- ---------- --------------- ------------ Class A 23,748,468.00 3.79976359% 23,748,468.00 3.81105392% 96.188946% 0.000000% Class X-1 23,748,468.00 3.79976359% 23,748,468.00 3.81105392% 0.000000% 0.000000% Class X-2 23,748,468.00 3.79976359% 23,748,468.00 3.81105392% 0.000000% 0.000000% Class B-1 14,373,468.00 2.29976015% 14,373,468.00 2.30659348% 1.504460% 39.476231% Class B-2 8,436,468.00 1.34983797% 8,436,468.00 1.35384878% 0.952745% 24.999507% Class B-3 4,999,468.00 0.79991671% 4,999,468.00 0.80229352% 0.551555% 14.472513% Class B-4 3,437,468.00 0.54999614% 3,437,468.00 0.55163036% 0.250663% 6.577266% Class B-5 2,500,468.00 0.40007580% 2,500,468.00 0.40126455% 0.150366% 3.945518% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.401265% 10.528965%
Please refer to the prospectus supplement for a full description of loss exposure COLLATERAL STATEMENT
Collateral Description Mixed Arm Weighted Average Gross Coupon 3.053126% Weighted Average Net Coupon 2.676918% Weighted Average Pass-Through Rate 2.666918% Weighted Average Maturity (Stepdown Calculation) 334 Beginning Scheduled Collateral Loan Count 1,786 Number of Loans Paid in Full 1 Ending Scheduled Collateral Loan Count 1,785 Beginning Scheduled Collateral Balance 624,998,568.00 Ending Scheduled Collateral Balance 623,146,996.22 Ending Actual Collateral Balance at 30-Jan-2004 623,150,078.10 Monthly P&I Constant 1,592,112.09 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realization Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 3,204,585.57 Ending Scheduled Balance for Premium Loans 623,146,996.22 Scheduled Principal 1,946.17 Unscheduled Principal 1,849,626.04
MISCELLANEOUS REPORTING One-Month Libor Loan Balance 94,428,981.25 Six-Month Libor Loan Balance 528,442,014.97 Prorata Senior Percentage 96.200236% Senior Percentage 100.000000% Senior Prepayment Percentage 100.000000% Subordinate Percentage 0.000000% Subordinate Prepayment Percentage 0.000000%
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