Principal and Interest Distribution Statement for Mortgage-Backed Securities Trust

Contract Categories: Business Operations › Distribution Agreements
Summary

This document details the principal and interest distributions for various classes of certificates issued by a mortgage-backed securities trust. It outlines the beginning and ending balances, scheduled and unscheduled principal distributions, interest payments, and any realized losses for each class of certificate. The statement is intended for certificate holders and provides transparency on how payments are allocated and distributed. No special hazard, bankruptcy, or fraud losses are included unless otherwise noted, and further details are available in the related prospectus supplement.

Read More Arrow
EX-10.1 2 f06743cexv10w1.txt EXHIBIT 10.1 . . . PRINCIPAL DISTRIBUTION STATEMENT
Beginning Scheduled Unscheduled Original Face Certificate Principal Principal Realized Total Principal Class Amount Balance Distribution Distribution Accretion Loss (1) Reduction - ------ ---------------- -------------- ------------ ------------- --------- --------- --------------- A-1 498,828,000.00 458,416.516.23 0.00 10,980,493.45 0.00 0.00 10,980,493.45 A-2 252,102,000.00 230,764,849.19 0.00 5,184,952.61 0.00 0.00 5,184,952.61 A-3-A 247,874,000.00 225,459,991.04 0.00 7,780,029.79 0.00 0.00 7,780,029.79 A-3-B 3,956,000.00 3,598,278.66 0.00 124,167.11 0.00 0.00 124,167.11 X-A 0.00 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 0.00 B-1 18,900,000.00 18,900,000.00 0.00 0.00 0.00 0.00 0.00 B-2 11,025,000.00 11,025,000.00 0.00 0.00 0.00 0.00 0.00 B-3 6,300,000.00 6,300,000.00 0.00 0.00 0.00 0.00 0.00 B-4 3,150,000.00 3,150,000.00 0.00 0.00 0.00 0.00 0.00 B-5 2,625,000.00 2,625,000.00 0.00 0.00 0.00 0.00 0.00 B-6 5,250,582.74 5,250,582.74 0.00 0.00 0.00 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 0.00 ---------------- -------------- ---- ------------- ---- ---- ------------- Totals 1,050,010,682.74 965,490,217.86 0.00 24,069,642.96 0.00 0.00 24,069,642.96 ---------------- -------------- ---- ------------- ---- ---- ------------- Ending Certificate Ending Certificate Total Principal Class Balance Percentage Distribution - ------ ------------------ ------------------ --------------- A-1 447,436,022.78 0.89697455 10,980,493.45 A-2 225,579,896.58 0.89479614 5,184,952.61 A-3-A 217,679,961.25 0.87818796 7,780,029.79 A-3-B 3,474,111.55 0.87818796 124,167.11 X-A 0.00 0.00000000 0.00 X-B 0.00 0.00000000 0.00 B-1 18,900,000.00 1.00000000 0.00 B-2 11,025,000.00 1.00000000 0.00 B-3 6,300,000.00 1.00000000 0.00 B-4 3,150,000.00 1.00000000 0.00 B-5 2,625,000.00 1.00000000 0.00 B-6 5,250,582.74 1.00000000 0.00 A-R 0.00 0.00000000 0.00 -------------- ---------- ------------- Totals 941,420,574.90 0.89658190 24,069,642.96 -------------- ---------- -------------
(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 Total Principal Class Amount Balance Distribution Distribution Accretion Loss (3) Reduction - ----- -------------- ------------- ------------ ------------ ---------- ---------- --------------- A-1 498,828,000.00 918.98713831 0.00000000 22.01258440 0.00000000 0.00000000 22.01258440 A-2 252,102,000.00 915.36302445 0.00000000 20.56688408 0.00000000 0.00000000 20.56688408 A-3-A 247,874,000.00 909.57498987 0.00000000 31.38703450 0.00000000 0.00000000 31.38703450 A-3-B 3,956,000.00 909.57498989 0.00000000 31.38703488 0.00000000 0.00000000 31.38703488 X-A 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 18,900,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-2 11,025,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-3 6,300,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-4 3,150,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-5 2,625,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-6 5,250,582.74 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Ending Certificate Ending Certificate Total Principal Class Balance Percentage Distribution - ----- ------------------ ------------------ --------------- A-1 896.97455391 0.89697455 22.01258440 A-2 894.79614037 0.89479614 20.56688408 A-3-A 878.18795537 0.87818796 31.38703450 A-3-B 878.18795501 0.87818796 31.38703488 X-A 0.00000000 0.00000000 0.00000000 X-B 0.00000000 0.00000000 0.00000000 B-1 1000.00000000 1.00000000 0.00000000 B-2 1000.00000000 1.00000000 0.00000000 B-3 1000.00000000 1.00000000 0.00000000 B-4 1000.00000000 1.00000000 0.00000000 B-5 1000.00000000 1.00000000 0.00000000 B-6 1000.00000000 1.00000000 0.00000000 A-R 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 Non- Certificate/ Current Unpaid Current Supported Original Face Current Notional Accrued Interest Interest Interest Realized Class Amount Certificate Rate Balance Interest Shortfall Shortfall Shortfall Loss (4) - ------ ---------------- ---------------- -------------- ------------ ---------- --------- ---------- -------- A-1 498,828,000.00 3.82899% 458,416,516.23 1,462,728.37 0.00 0.00 0.00 0.00 A-2 252,102,000.00 2.81000% 230,764,849.19 540,374.36 0.00 0.00 0.00 0.00 A-3-A 247,874,000.00 3.22750% 225,459,991.04 606,393.43 0.00 0.00 0.00 0.00 A-3-B 3,956,000.00 3.45250% 3,598,278.66 10,352.55 0.00 0.00 0.00 0.00 X-A 0.00 0.78683% 459,823,118.89 301,502.19 0.00 0.00 0.00 0.00 X-B 0.00 0.62414% 29,925,000.00 15,564.59 0.00 0.00 0.00 0.00 B-1 18,900,000.00 3.05000% 18,900,000.00 48,037.50 0.00 0.00 0.00 0.00 B-2 11,025,000.00 3.44000% 11,025,000.00 31,605.00 0.00 0.00 0.00 0.00 B-3 6,300,000.00 3.81783% 6,300,000.00 20,043.60 0.00 0.00 0.00 0.00 B-4 3,150,000.00 3.81783% 3,150,000.00 10,021.80 0.00 0.00 0.00 0.00 B-5 2,625,000.00 3.81783% 2,625,000.00 8,351.50 0.00 0.00 0.00 0.00 B-6 5,250,582.74 3.81783% 5,250,582.74 16,704.85 0.00 0.00 0.00 0.00 A-R 100.00 3.20809% 0.00 0.00 0.00 0.00 0.00 0.00 ---------------- ------- -------------- ------------ ---- ---- ---- ---- Totals 1,050,010,682.74 3,071,679.74 0.00 0.00 0.00 0.00 ---------------- ------- -------------- ------------ ---- ---- ---- ---- Remaining Ending Unpaid Certificate/ Total Interest Interest Notational Class Distribution Shortfall Balance - ------ -------------- --------- -------------- A-1 1,462,728.37 0.00 447,436,022.78 A-2 540,374.36 0.00 225,579,896.58 A-3-A 606,393.43 0.00 217,679,961.25 A-3-B 10,352.55 0.00 3,474,111.55 X-A 301,502.19 0.00 446,733,969.38 X-B 15,564.59 0.00 29,925,000.00 B-1 48,037.50 0.00 18,900,000.00 B-2 31,605.00 0.00 11,025,000.00 B-3 20,043.60 0.00 6,300,000.00 B-4 10,021.80 0.00 3,150,000.00 B-5 8,351.50 0.00 2,625,000.00 B-6 16,704.85 0.00 5,250,582.74 A-R 1.08 0.00 0.00 ------------ ---- -------------- Totals 3,071,680.82 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 Class Original Certificate Certificate/ Current Accrued Interest Interest Interest Realized (5) Face Amount Rate Notional Balance Interest Shortfall Shortfall Shortfall Loss (6) - ----- -------------- ----------- ---------------- --------------- ---------- ---------- ---------- ---------- A-1 498,828,000.00 3.82899% 918.98713831 2.93233012 0.00000000 0.00000000 0.00000000 0.00000000 A-2 252,102,000.00 2.81000% 915.36302445 2.14347510 0.00000000 0.00000000 0.00000000 0.00000000 A-3-A 247,874,000.00 3.22750% 909.57498987 2.44637772 0.00000000 0.00000000 0.00000000 0.00000000 A-3-B 3,956,000.00 3.45250% 909.57498989 2.61692366 0.00000000 0.00000000 0.00000000 0.00000000 X-A 0.00 0.78683% 912.47056922 0.59829935 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00 0.62414% 1000.00000000 0.52011997 0.00000000 0.00000000 0.00000000 0.00000000 B-1 18,900,000.00 3.05000% 1000.00000000 2.54166667 0.00000000 0.00000000 0.00000000 0.00000000 B-2 11,025,000.00 3.44000% 1000.00000000 2.86666667 0.00000000 0.00000000 0.00000000 0.00000000 B-3 6,300,000.00 3.81783% 1000.00000000 3.18152381 0.00000000 0.00000000 0.00000000 0.00000000 B-4 3,150,000.00 3.81783% 1000.00000000 3.18152381 0.00000000 0.00000000 0.00000000 0.00000000 B-5 2,625,000.00 3.81783% 1000.00000000 3.18152381 0.00000000 0.00000000 0.00000000 0.00000000 B-6 5,250,582.74 3.81783% 1000.00000000 3.18152305 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 3.20809% 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Remaining Unpaid Class Total Interest Interest Ending Certificate/ (5) Distribution Shortfall Notational Balance - ----- -------------- ---------- ------------------ A-1 2.93233012 0.00000000 896.97455391 A-2 2.14347510 0.00000000 894.79614037 A-3-A 2.44637772 0.00000000 878.18795537 A-3-B 2.61692366 0.00000000 878.18795501 X-A 0.59829935 0.00000000 886.49653005 X-B 0.52011997 0.00000000 1000.00000000 B-1 2.54166667 0.00000000 1000.00000000 B-2 2.86666667 0.00000000 1000.00000000 B-3 3.18152381 0.00000000 1000.00000000 B-4 3.18152381 0.00000000 1000.00000000 B-5 3.18152381 0.00000000 1000.00000000 B-6 3.18152305 0.00000000 1000.00000000 A-R 10.80000000 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 27,424,977.56 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 65,348.87 Realized Losses (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 ------------- Total Deposits 27,490,326.43 Withdrawals Reimbursement for Servicer Advances 41,552.55 Payment of Service Fee 307,450.10 Payment of Interest and Principal 27,141,323.78 ------------- Total Withdrawals (Pool Distribution Amount) 27,490,326.43 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 303,024.93 Master Servicing Fee 4,425.17 Supported Prepayment/Curtailment Interest Shortfall 0.00 ---------- Net Servicing Fee 307,450.10 ==========
OTHER ACCOUNTS
Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance - ------------ --------- ----------- -------- ------- Reserve Fund 4,500.00 0.00 0.00 4,500.00 Reserve Fund 4,500.00 0.00 0.00 4,500.00 Reserve Fund 1,000.00 0.00 0.00 1,000.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 52 19,523,748.78 60 Days 0 0.00 90 Days 1 101,600.00 120 Days 1 385,500.00 150 Days 0 0.00 180+ Days 0 0.00 54 20,010,848.78 -------- ------------- No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.801178% 2.073854% 60 Days 0.000000% 0.000000% 90 Days 0.034638% 0.010792% 120 Days 0.034638% 0.040949% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- ------------- 1.870454% 2.125595%
BANKRUPTCY
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 0 0.00 -------- --------- No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- --------- 0.000000% 0.000000%
FORECLOSURE
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 0 0.00 -------- -------- No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 0.000000% 0.000000%
REO
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 0 0.00 --------- -------- No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% --------- -------- 0.000000% 0.000000%
TOTAL
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 52 19,523,748.78 60 Days 0 0.00 90 Days 1 101,600.00 120 Days 1 385,500.00 150 Days 0 0.00 180+ Days 0 0.00 54 20,010,848.78 -------- ------------- No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.801178% 2.073854% 60 Days 0.000000% 0.000000% 90 Days 0.034638% 0.010792% 120 Days 0.034638% 0.040949% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- ------------- 1.870454% 2.125595%
Current Period Class A Insufficient Funds: 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 65,348.87
Original $ Original% Current $ Current % Current Class % Prepayment % ------------- ---------- ------------- --------- --------------- ------------ Class A 47,250,582.74 4.50000972% 47,250,582.74 5.01907267% 94.980927% 0.000000% Class B-1 28,350,582.74 2.70002803% 28,350,582.74 3.01146836% 2.007604% 39.999507% Class B-2 17,325,582.74 1.65003871% 17,325,582.74 1.84036585% 1.171103% 23.333046% Class B-3 11,025,582.74 1.05004482% 11,025,582.74 1.17116441% 0.669201% 13.333169% Class B-4 7,875,582.74 0.75004787% 7,875,582.74 0.83656369% 0.334601% 6.666584% Class B-5 5,250,582.74 0.50005041% 5,250,582.74 0.55772976% 0.278834% 5.555487% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.557730% 11.112207%
Please refer to the prospectus supplement for a full description of loss exposure DELINQUENCY STATUS BY GROUP DELINQUENT GROUP ONE
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 25 7,975,514.90 60 Days 0 0.00 90 Days 0 0.00 120 Days 1 385,500.00 150 Days 0 0.00 180+ Days 0 0.00 -------- ------------ 26 8,361,014.90 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.748252% 1.693524% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.069930% 0.081857% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- ------------ 1.818182% 1.775381%
BANKRUPTCY
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 25 7,975,514.90 60 Days 0 0.00 90 Days 0 0.00 120 Days 1 385,500.00 150 Days 0 0.00 180+ Days 0 0.00 -------- ------------ 26 8,361,014.90 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.748252% 1.693524% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.069930% 0.081857% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- ------------ 1.818182% 1.775381%
FORECLOSURE
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 25 7,975,514.90 60 Days 0 0.00 90 Days 0 0.00 120 Days 1 385,500.00 150 Days 0 0.00 180+ Days 0 0.00 -------- ------------ 26 8,361,014.90 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.748252% 1.693524% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.069930% 0.081857% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- ------------ 1.818182% 1.775381%
REO
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 25 7,975,514.90 60 Days 0 0.00 90 Days 0 0.00 120 Days 1 385,500.00 150 Days 0 0.00 180+ Days 0 0.00 -------- ------------ 26 8,361,014.90 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.748252% 1.693524% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.069930% 0.081857% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- ------------ 1.818182% 1.775381%
TOTAL
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 25 7,975,514.90 60 Days 0 0.00 90 Days 0 0.00 120 Days 1 385,500.00 150 Days 0 0.00 180+ Days 0 0.00 -------- ------------ 26 8,361,014.90 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.748252% 1.693524% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.069930% 0.081857% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- ------------ 1.818182% 1.775381%
DELINQUENT
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 13 4,822,536.10 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -------- ------------ 13 4,822,536.10 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.895044% 2.030890% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- ------------ 1.895044% 2.030890%
BANKRUPTCY 1.183654%
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -------- -------- 0 0.00 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 0.000000% 0.000000%
FORECLOSURE
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -------- -------- 0 0.00 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 0.000000% 0.000000%
REO
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -------- -------- 0 0.00 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- -------- 0.000000% 0.000000%
TOTAL
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 13 4,822,536.10 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -------- ------------ 13 4,822,536.10 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.895044% 2.030890% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- ------------ 1.895044% 2.030890%
DELINQUENT GROUP THREE
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 14 6,725,697.78 60 Days 0 0.00 90 Days 1 101,600.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -------- ----------------- 15 6,827,297.78 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.815824% 2.886289% 60 Days 0.000000% 0.000000% 90 Days 0.129702% 0.043601% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- ----------------- 1.945525% 2.929890%
BANKRUPTCY 1.183654%
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -------- --------- 0 0.00 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- --------- 0.000000% 0.000000%
FORECLOSURE
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -------- --------- 0 0.00 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- --------- 0.000000% 0.000000%
REO
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -------- --------- 0 0.00 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- --------- 0.000000% 0.000000%
TOTAL
No. of Principal Loans Balance 0-29 Days 0 0.00 30 Days 14 6,725,697.78 60 Days 0 0.00 90 Days 1 101,600.00 120 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 -------- ----------------- 15 6,827,297.78 No. of Principal Loans Balance 0-29 Days 0.000000% 0.000000% 30 Days 1.815824% 2.886289% 60 Days 0.000000% 0.000000% 90 Days 0.129702% 0.043601% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% -------- ----------------- 1.945525% 2.929890%
COLLATERAL STATEMENT
Collateral Description Mixed Arm Weighted Average Gross Coupon 4.199894% Weighted Average Net Coupon 3.823267% Weighted Average Pass-Through Rate 3.817767% Weighted Average Maturity (Stepdown Calculation) 336 Beginning Scheduled Collateral Loan Count 2,945 Number of Loans Paid in Full 58 Ending Scheduled Collateral Loan Count 2,887 Beginning Scheduled Collateral Balance 965,490,217.86 Ending Scheduled Collateral Balance 941,420,574.90 Ending Actual Collateral Balance at 31-Jan-2005 941,423,480.62 Monthly P&I Constant 3,379,130.38 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realization Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 26,990,993.86 Scheduled Principal 0.00 Unscheduled Principal 24,069,642.96
MISCELLANEOUS REPORTING Rapid Prepayment Event NO
GROUP GROUP ONE GROUP TWO GROUP THREE TOTAL Collateral Description 6 Month LIBOR ARM Mixed ARM 6 Month LIBOR ARM Mixed ARM Weighted Average Coupon Rate 4.211372 4.122907 4.254471 4.199894 Weighted Average Net Rate 3.834495 3.746911 3.877707 3.823267 Pass-Through Rate 3.828995 3.741411 3.872208 3.817767 Weighted Average Maturity 335 333 341 336 Record Date 01/31/2005 01/31/2005 01/31/2005 01/31/2005 Principal and Interest Constant 1,691,292.15 833,664.14 854,174.09 3,379,130.38 Beginning Loan Count 1,454 702 789 2,945 Loans Paid in Full 24 16 18 58 Ending Loan Count 1,430 686 771 2,887 Beginning Scheduled Balance 481,921,522.76 242,643,581.16 240,925,113.94 965,490,217.86 Ending Scheduled Balance 470,941,029.31 237,458,628.55 233,020,917.04 941,420,574.90 Scheduled Principal 0.00 0.00 0.00 0.00 Unscheduled Principal 10,980,493.45 5,184,952.61 7,904,196.90 24,069,642.96 Scheduled Interest 1,691,292.15 833,664.14 854,174.09 3,379,130.38 Servicing Fee 151,354.14 76,027.63 75,643.16 303,024.93 Master Servicing Fee 2,208.81 1,112.12 1,104.24 4,425.17 Trustee Fee 0.00 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 0.00 Net Interest 1,537,729.20 756,524.39 777,426.69 3,071,680.28 Realized Loss Amount 0.00 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 0.00
MISCELLANEOUS REPORTING Group One Principal Transfer Amount 0.00 Pro-Rata Senior Percent 95.122649% Senior Percentage 100.000000% Senior Prepayment Percentage 100.000000% Subordinate Percentage 0.000000% Subordinate Prepayment Percentage 0.000000% Interest Transfer Amount 0.00 Group Two One-Month LIBOR Loan Balance 166,143,485.39 Six-Month LIBOR Loan Balance 71,315,143.16 Principal Transfer Amount 0.00 Pro-Rata Senior Percent 95.104452% Senior Percentage 100.000000% Senior Prepayment Percentage 100.000000% Subordinate Percentage 0.000000% Subordinate Prepayment Percentage 0.000000% Interest Transfer Amount 0.00 Group Three Principal Transfer Amount 0.00 Pro-Rate Senior Percent 95.074468% Senior Percentage 100.000000% Senior Prepayment Percentage 100.000000% Subordinate Percentage 0.000000% Subordinate Prepayment Percentage 0.000000% Interest Transfer Amount 0.00