-----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, CnbaCHjmt29f1IsA69KW8S4PaucGloimO21yk0dbIvjHa4onK7DhJDq3vwXxtSB8 706jqlMZkxECeVWTxrItLg== 0001056404-03-002283.txt : 20031204 0001056404-03-002283.hdr.sgml : 20031204 20031204104512 ACCESSION NUMBER: 0001056404-03-002283 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031125 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031204 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AEGIS MTG LOAN ASSET BACKED CERTS SERIES 2003-1 CENTRAL INDEX KEY: 0001229092 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-90230-01 FILM NUMBER: 031036693 FORMER COMPANY: FORMER CONFORMED NAME: MORTGAGE LOAN ASSET BACKED CERTIFICATES SERIES 2003-1 DATE OF NAME CHANGE: 20030425 8-K 1 aeg03001.txt NOVEMBER 8-K 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): November 25, 2003 AEGIS MORTGAGE CORPORATION Mortgage Loan Asset Backed Certificates, Series 2003-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-90230-01 54-2110382 Pooling and Servicing Agreement) (Commission 54-2110383 (State or other File Number) 54-2110381 jurisdiction 54-2110384 of Incorporation) IRS EIN c/o Wells Fargo Bank Minnesota, 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) ITEM 5. Other Events On November 25, 2003 a distribution was made to holders of AEGIS MORTGAGE CORPORATION, Mortgage Loan Asset Backed Certificates, Series 2003-1 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset Backed Certificates, Series 2003-1 Trust, relating to the November 25, 2003 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. AEGIS MORTGAGE CORPORATION Mortgage Loan Asset Backed Certificates, Series 2003-1 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 12/3/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset Backed Certificates, Series 2003-1 Trust, relating to the November 25, 2003 distribution. EX-99.1
AEGIS MORTGAGE CORPORATION Mortgage Loan Asset Backed Certificates Record Date: 10/31/03 Distribution Date: 11/25/03 AEGIS Series: 2003-1 Contact: CTSLink Customer Service Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Telephone: (301) 815-6600 Fax: (301) 815-6600 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A1 00764MAA5 SEN 1.52000% 217,429,353.74 266,230.16 6,386,280.21 A-IO 00764MAB3 SEN-IO 6.00000% 0.00 80,500.00 0.00 M1 00764MAC1 MEZ 2.17000% 16,464,000.00 28,779.99 0.00 M2 00764MAD9 MEZ 3.37000% 12,169,000.00 33,035.45 0.00 B1 00764MAE7 SUB 4.62000% 8,591,321.00 31,974.03 0.00 X AEG03001X OC 0.00000% 3,006,562.00 972,250.53 0.00 P AEG03001P SEN 0.00000% 100.00 179,044.98 0.00 R1 AEG0301R1 RES 0.00000% 0.00 0.00 0.00 Totals 257,660,336.74 1,591,815.14 6,386,280.21
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 211,043,073.53 6,652,510.37 0.00 A-IO 0.00 0.00 80,500.00 0.00 M1 0.00 16,464,000.00 28,779.99 0.00 M2 0.00 12,169,000.00 33,035.45 0.00 B1 0.00 8,591,321.00 31,974.03 0.00 X 0.00 3,006,562.00 972,250.53 0.00 P 0.00 100.00 179,044.98 0.00 R1 0.00 0.00 0.00 0.00 Totals 0.00 251,274,056.53 7,978,095.35 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 Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A1 249,115,000.00 217,429,353.74 0.00 6,386,280.21 0.00 0.00 A-IO 0.00 0.00 0.00 0.00 0.00 0.00 M1 16,464,000.00 16,464,000.00 0.00 0.00 0.00 0.00 M2 12,169,000.00 12,169,000.00 0.00 0.00 0.00 0.00 B1 8,591,321.00 8,591,321.00 0.00 0.00 0.00 0.00 X 0.48 3,006,562.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R1 0.00 0.00 0.00 0.00 0.00 0.00 Totals 286,339,421.48 257,660,336.74 0.00 6,386,280.21 0.00 0.00 (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 Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A1 6,386,280.21 211,043,073.53 0.84717128 6,386,280.21 A-IO 0.00 0.00 0.00000000 0.00 M1 0.00 16,464,000.00 1.00000000 0.00 M2 0.00 12,169,000.00 1.00000000 0.00 B1 0.00 8,591,321.00 1.00000000 0.00 X 0.00 3,006,562.00 263,670.83333333 0.00 P 0.00 100.00 1.00000000 0.00 R1 0.00 0.00 0.00000000 0.00 Totals 6,386,280.21 251,274,056.53 0.87753916 6,386,280.21
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 249,115,000.00 872.80715228 0.00000000 25.63587183 0.00000000 A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 16,464,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 12,169,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 8,591,321.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 0.48 263670833.33333000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000000 0.00000000 0.00000000 0.00000000
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A1 0.00000000 25.63587183 847.17128045 0.84717128 25.63587183 A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 6263,670,833.33333000 6263670.83333333 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R1 0.00000000 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 Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A1 249,115,000.00 1.52000% 217,429,353.74 266,230.16 0.00 0.00 A-IO 0.00 6.00000% 16,100,000.00 80,500.00 0.00 0.00 M1 16,464,000.00 2.17000% 16,464,000.00 28,779.99 0.00 0.00 M2 12,169,000.00 3.37000% 12,169,000.00 33,035.45 0.00 0.00 B1 8,591,321.00 4.62000% 8,591,321.00 31,974.03 0.00 0.00 X 0.48 0.00000% 3,006,562.00 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R1 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 286,339,421.48 440,519.63 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 A1 0.00 0.00 266,230.16 0.00 211,043,073.53 A-IO 0.00 0.00 80,500.00 0.00 16,100,000.00 M1 0.00 0.00 28,779.99 0.00 16,464,000.00 M2 0.00 0.00 33,035.45 0.00 12,169,000.00 B1 0.00 0.00 31,974.03 0.00 8,591,321.00 X 0.00 0.00 972,250.53 0.00 3,006,562.00 P 0.00 0.00 179,044.98 0.00 100.00 R1 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1,591,815.14 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 Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A1 249,115,000.00 1.52000% 872.80715228 1.06870385 0.00000000 0.00000000 A-IO 0.00 6.00000% 835.15277330 4.17576387 0.00000000 0.00000000 M1 16,464,000.00 2.17000% 1000.00000000 1.74805576 0.00000000 0.00000000 M2 12,169,000.00 3.37000% 1000.00000000 2.71472183 0.00000000 0.00000000 B1 8,591,321.00 4.62000% 1000.00000000 3.72166632 0.00000000 0.00000000 X 0.48 0.00000% 263670833.33333000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A1 0.00000000 0.00000000 1.06870385 0.00000000 847.17128045 A-IO 0.00000000 0.00000000 4.17576387 0.00000000 835.15277330 M1 0.00000000 0.00000000 1.74805576 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.71472183 0.00000000 1000.00000000 B1 0.00000000 0.00000000 3.72166632 0.00000000 1000.00000000 X 0.00000000 0.00000000 25521937.50000000 0.00000000 263670833.33333000 P 0.00000000 0.00000000 1790449.80000000 0.00000000 1000.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 8,173,658.10 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 86,393.70 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 179,044.98 Total Deposits 8,439,096.78 Withdrawals Reimbursement for Servicer Advances 78,406.78 Payment of Service Fee 382,594.65 Payment of Interest and Principal 7,978,095.35 Total Withdrawals (Pool Distribution Amount) 8,439,096.78 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 107,358.43 Credit Risk Fee 3,220.75 MGIC Fee 269,331.52 Trustee Fee 2,683.95 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 382,594.65
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 0.00 0.00 1,000.00 Financial Guaranty 0.00 0.00 0.00 0.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 5 0 0 5 750,382.92 0.00 0.00 750,382.92 30 Days 43 3 0 0 46 4,930,939.56 245,161.62 0.00 0.00 5,176,101.18 60 Days 15 1 0 0 16 1,780,194.75 134,220.00 0.00 0.00 1,914,414.75 90 Days 0 1 9 0 10 0.00 241,586.49 1,037,981.58 0.00 1,279,568.07 120 Days 0 1 6 0 7 0.00 46,514.77 556,832.00 0.00 603,346.77 150 Days 0 0 6 0 6 0.00 0.00 945,225.05 0.00 945,225.05 180+ Days 0 2 10 0 12 0.00 227,741.23 1,152,189.60 0.00 1,379,930.83 Totals 58 13 31 0 102 6,711,134.31 1,645,607.03 3,692,228.23 0.00 12,048,969.57 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 0.267666% 0.000000% 0.000000% 0.267666% 0.298631% 0.000000% 0.000000% 0.298631% 30 Days 2.301927% 0.160600% 0.000000% 0.000000% 2.462527% 1.962376% 0.097567% 0.000000% 0.000000% 2.059943% 60 Days 0.802998% 0.053533% 0.000000% 0.000000% 0.856531% 0.708468% 0.053416% 0.000000% 0.000000% 0.761883% 90 Days 0.000000% 0.053533% 0.481799% 0.000000% 0.535332% 0.000000% 0.096145% 0.413088% 0.000000% 0.509232% 120 Days 0.000000% 0.053533% 0.321199% 0.000000% 0.374732% 0.000000% 0.018512% 0.221604% 0.000000% 0.240115% 150 Days 0.000000% 0.000000% 0.321199% 0.000000% 0.321199% 0.000000% 0.000000% 0.376173% 0.000000% 0.376173% 180+ Days 0.000000% 0.107066% 0.535332% 0.000000% 0.642398% 0.000000% 0.090635% 0.458539% 0.000000% 0.549174% Totals 3.104925% 0.695931% 1.659529% 0.000000% 5.460385% 2.670844% 0.654906% 1.469403% 0.000000% 4.795153%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Arm 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 3 0 0 3 428,541.66 0.00 0.00 428,541.66 30 Days 40 3 0 0 43 4,650,436.56 245,161.62 0.00 0.00 4,895,598.18 60 Days 15 1 0 0 16 1,780,194.75 134,220.00 0.00 0.00 1,914,414.75 90 Days 0 1 8 0 9 0.00 241,586.49 983,118.35 0.00 1,224,704.84 120 Days 0 1 5 0 6 0.00 46,514.77 497,158.08 0.00 543,672.85 150 Days 0 0 5 0 5 0.00 0.00 684,538.64 0.00 684,538.64 180 Days 0 1 10 0 11 0.00 45,875.13 1,152,189.60 0.00 1,198,064.73 Totals 55 10 28 0 93 6,430,631.31 1,141,899.67 3,317,004.67 0.00 10,889,535.65 0-29 Days 0.182927% 0.000000% 0.000000% 0.182927% 0.193270% 0.000000% 0.000000% 0.193270% 30 Days 2.439024% 0.182927% 0.000000% 0.000000% 2.621951% 2.097317% 0.110566% 0.000000% 0.000000% 2.207884% 60 Days 0.914634% 0.060976% 0.000000% 0.000000% 0.975610% 0.802857% 0.060532% 0.000000% 0.000000% 0.863389% 90 Days 0.000000% 0.060976% 0.487805% 0.000000% 0.548780% 0.000000% 0.108954% 0.443380% 0.000000% 0.552334% 120 Days 0.000000% 0.060976% 0.304878% 0.000000% 0.365854% 0.000000% 0.020978% 0.224215% 0.000000% 0.245193% 150 Days 0.000000% 0.000000% 0.304878% 0.000000% 0.304878% 0.000000% 0.000000% 0.308723% 0.000000% 0.308723% 180 Days 0.000000% 0.060976% 0.609756% 0.000000% 0.670732% 0.000000% 0.020689% 0.519630% 0.000000% 0.540320% Totals 3.353659% 0.609756% 1.707317% 0.000000% 5.670732% 2.900174% 0.514990% 1.495948% 0.000000% 4.911112% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 2 0 0 2 321,841.26 0.00 0.00 321,841.26 30 Days 3 0 0 0 3 280,503.00 0.00 0.00 0.00 280,503.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 1 0 1 0.00 0.00 54,863.23 0.00 54,863.23 120 Days 0 0 1 0 1 0.00 0.00 59,673.92 0.00 59,673.92 150 Days 0 0 1 0 1 0.00 0.00 260,686.41 0.00 260,686.41 180 Days 0 1 0 0 1 0.00 181,866.10 0.00 0.00 181,866.10 Totals 3 3 3 0 9 280,503.00 503,707.36 375,223.56 0.00 1,159,433.92 0-29 Days 0.877193% 0.000000% 0.000000% 0.877193% 1.089460% 0.000000% 0.000000% 1.089460% 30 Days 1.315789% 0.000000% 0.000000% 0.000000% 1.315789% 0.949526% 0.000000% 0.000000% 0.000000% 0.949526% 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% 0.438596% 0.000000% 0.438596% 0.000000% 0.000000% 0.185717% 0.000000% 0.185717% 120 Days 0.000000% 0.000000% 0.438596% 0.000000% 0.438596% 0.000000% 0.000000% 0.202001% 0.000000% 0.202001% 150 Days 0.000000% 0.000000% 0.438596% 0.000000% 0.438596% 0.000000% 0.000000% 0.882446% 0.000000% 0.882446% 180 Days 0.000000% 0.438596% 0.000000% 0.000000% 0.438596% 0.000000% 0.615632% 0.000000% 0.000000% 0.615632% Totals 1.315789% 1.315789% 1.315789% 0.000000% 3.947368% 0.949526% 1.705092% 1.270164% 0.000000% 3.924782%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 86,393.70
COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 8.361545% Weighted Average Net Coupon 7.861545% Weighted Average Pass-Through Rate 6.579689% Weighted Average Maturity(Stepdown Calculation ) 347 Beginning Scheduled Collateral Loan Count 1,909 Number Of Loans Paid In Full 41 Ending Scheduled Collateral Loan Count 1,868 Beginning Scheduled Collateral Balance 257,660,236.74 Ending Scheduled Collateral Balance 251,273,956.53 Ending Actual Collateral Balance at 31-Oct-2003 251,273,956.53 Monthly P &I Constant 1,979,774.20 Special Servicing Fee 0.00 Prepayment Penalties 179,044.98 Realized Loss Amount 0.00 Cumulative Realized Loss 48,031.54 Ending Scheduled Balance for Premium Loans 251,273,956.53 Scheduled Principal 185,561.66 Unscheduled Principal 6,200,718.55 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 3,006,562.00 Overcollateralized Amount 3,006,562.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 972,250.53
COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Coupon Rate 8.361545% Weighted Average Net Rate 7.861545% Weighted Average Pass Through Rate 6.579689% Weighted Average Maturity 347 Record Date 10/31/2003 Principal and Interest Constant 1,979,774.20 Beginning Loan Count 1,909 Loans Paid in Full 41 Ending Loan Count 1,868 Beginning Scheduled Balance 257,660,236.74 Ending Scheduled Balance 251,273,956.53 Ending Actual Balance at 31-Oct-2003 251,273,956.53 Scheduled Principal 185,561.66 Unscheduled Principal 6,200,718.55 Scheduled Interest 1,794,212.54 Servicing Fee 107,358.43 Master Servicing Fee 0.00 Trustee Fee 2,683.95 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 269,331.52 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 1,414,838.64 Realized Loss Amount 0.00 Cumulative Realized Loss 48,031.54 Percentage of Cumulative Losses 0.0168 Special Servicing Fee 0.00 Prepayment Penalties 179,044.98 Required Overcollateralized Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 3,006,562.00 Overcollateralized Amount 3,006,562.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralization Amount 0.00
Group Level Collateral Statement Group Arm Fixed Total Collateral Description Mixed ARM Fixed 15 & 30 Year Fixed & Mixed ARM Weighted Average Coupon Rate 8.360443 8.324214 8.361545 Weighted Average Net Rate 7.860443 7.824213 7.861545 Weighted Average Maturity 347 347 347 Beginning Loan Count 1,675 234 1,909 Loans Paid In Full 35 6 41 Ending Loan Count 1,640 228 1,868 Beginning Scheduled Balance 227,335,114.50 30,325,122.24 257,660,236.74 Ending scheduled Balance 221,732,598.01 29,541,358.52 251,273,956.53 Record Date 10/31/2003 10/31/2003 10/31/2003 Principal And Interest Constant 1,738,738.14 241,036.06 1,979,774.20 Scheduled Principal 154,886.27 30,675.39 185,561.66 Unscheduled Principal 5,447,630.22 753,088.33 6,200,718.55 Scheduled Interest 1,583,851.87 210,360.67 1,794,212.54 Servicing Fees 94,722.95 12,635.48 107,358.43 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 2,368.06 315.89 2,683.95 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 237,039.81 32,291.71 269,331.52 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 1,249,721.05 165,117.59 1,414,838.64 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 48,031.54 0.00 48,031.54 Percentage of Cumulative Losses 0.0190 0.0000 0.0168 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.596716 6.533894 6.579689
-----END PRIVACY-ENHANCED MESSAGE-----