Wells Fargo Bank Minnesota, N.A. SMT Series 2003-2 Certificateholder Distribution Statement (September 2003)

Summary

This document is a distribution statement prepared by Wells Fargo Bank Minnesota, N.A. as Certificate Administrator for the SMT Series 2003-2 trust. It summarizes the principal and interest payments made to certificateholders as of September 30, 2003, with distributions occurring on October 20, 2003. The statement details the amounts distributed to each class of certificates, the remaining balances, and any realized losses. It is intended to inform investors of the financial status and payment allocations for the trust's asset-backed securities.

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EX-10.1 3 f94356gexv10w1.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 2003-2 RECORD DATE: SEPTEMBER 30, 2003 DISTRIBUTION DATE: OCTOBER 20, 2003 CERTIFICATEHOLDER DISTRIBUTION SUMMARY
Certificate Beginning Class Certificate Certificate Interest Principal Class CUSIP Description Pass-Through Rate Balance Distribution Distribution - --------------------------------------------------------------------------------------------------------------- A-1 81743PAP1 SEN 1.45000% 478,543,740.44 578,240.35 7,918,718.37 A-2 81743PAQ9 SEN 1.63313% 286,626,417.54 390,081.83 6,001,341.61 M-1 81743PAR7 SUB 1.77000% 11,480,000.00 16,933.00 0.00 M-2 81743PAS5 SUB 2.55000% 4,920,000.00 10,455.00 0.00 X SMT03002X IO 0.00000% 0.00 717,612.38 0.00 R SMT03002R SUB 0.00000% 0.00 0.00 0.00 - --------------------------------------------------------------------------------------------------------------- Totals 781,570,157.98 1,713,322.56 13,920,059.98 - --------------------------------------------------------------------------------------------------------------- Current Ending Certificate Total Cumulative Class CUSIP Realized Loss Balance Distribution Realized Loss - ------------------------------------------------------------------------------------------------- A-1 81743PAP1 0.00 470,625,022.07 8,496,958.72 0.00 A-2 81743PAQ9 0.00 280,625,075.93 6,391,423.44 0.00 M-1 81743PAR7 0.00 11,480,000.00 16,933.00 0.00 M-2 81743PAS5 0.00 4,920,000.00 10,455.00 0.00 X SMT03002X 0.00 0.00 717,612.38 0.00 R SMT03002R 0.00 0.00 0.00 0.00 - ------------------------------------------------------------------------------------------------- Totals 0.00 767,650,098.00 15,633,382.54 0.00 - -------------------------------------------------------------------------------------------------
(1) 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-1 500,000,000.00 478,543,740.44 0.00 7,918,718.37 0.00 0.00 A-2 303,600,000.00 286,626,417.54 0.00 6,001,341.61 0.00 0.00 M-1 11,480,000.00 11,480,000.00 0.00 0.00 0.00 0.00 M-2 4,920,000.00 4,920,000.00 0.00 0.00 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 - ------------------------------------------------------------------------------------------------------------- Totals 820,000,000.00 781,570,157.98 0.00 13,920,059.98 0.00 0.00 - ------------------------------------------------------------------------------------------------------------- Original Face Total Principal Ending Certificate Ending Certificate Total Principal Class Amount Reduction Balance Percentage Distribution - ------------------------------------------------------------------------------------------------------------------ A-1 500,000,000.00 7,918,718.37 470,625,022.07 0.94125004 7,918,718.37 A-2 303,600,000.00 6,001,341.61 280,625,075.93 0.92432502 6,001,341.61 M-1 11,480,000.00 0.00 11,480,000.00 1.00000000 0.00 M-2 4,920,000.00 0.00 4,920,000.00 1.00000000 0.00 X 0.00 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00 0.00000000 0.00 - ------------------------------------------------------------------------------------------------------------------ Totals 820,000,000.00 13,920,059.98 767,650,098.00 0.93615866 13,920,059.98 - ------------------------------------------------------------------------------------------------------------------
(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-1 500,000,000.00 957.08748088 0.00000000 15.83743674 0.00000000 0.00000000 A-2 303,600,000.00 944.09228439 0.00000000 19.76726486 0.00000000 0.00000000 M-1 11,480,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M-2 4,920,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Original Face Total Principal Ending Certificate Ending Certificate Total Principal Class Amount Reduction Balance Percentage Distribution - -------------------------------------------------------------------------------------------------------------- A-1 500,000,000.00 15.83743674 941.25004414 0.94125004 15.83743674 A-2 303,600,000.00 19.76726486 924.32501953 0.92432502 19.76726486 M-1 11,480,000.00 0.00000000 1000.00000000 1.00000000 0.00000000 M-2 4,920,000.00 0.00000000 1000.00000000 1.00000000 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 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 Certificate/ Current Unpaid Current Original Face Current Notional Accrued Interest Interest Class Amount Certificate Rate Balance Interest Shortfall Shortfall - ----------------------------------------------------------------------------------------------------------------- A-1 500,000,000.00 1.45000% 478,543,740.44 578,240.35 0.00 0.00 A-2 303,600,000.00 1.63313% 286,626,417.54 390,081.83 0.00 0.00 M-1 11,480,000.00 1.77000% 11,480,000.00 16,933.00 0.00 0.00 M-2 4,920,000.00 2.55000% 4,920,000.00 10,455.00 0.00 0.00 X 0.00 0.00000% 781,570,157.98 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 - ----------------------------------------------------------------------------------------------------------------- Totals 820,000,000.00 995,710.18 0.00 0.00 - ----------------------------------------------------------------------------------------------------------------- Non- Remaining Ending Supported Unpaid Certificate/ Original Face Interest Realized Total Interest Interest Notational Class Amount Shortfall Loss (4) Distribution Shortfall Balance - ----------------------------------------------------------------------------------------------------------- A-1 500,000,000.00 0.00 0.00 578,240.35 0.00 470,625,022.07 A-2 303,600,000.00 0.00 0.00 390,081.83 0.00 280,625,075.93 M-1 11,480,000.00 0.00 0.00 16,933.00 0.00 11,480,000.00 M-2 4,920,000.00 0.00 0.00 10,455.00 0.00 4,920,000.00 X 0.00 0.00 0.00 717,612.38 0.00 767,650,098.00 R 0.00 0.00 0.00 0.00 0.00 0.00 - ----------------------------------------------------------------------------------------------------------- Totals 820,000,000.00 0.00 0.00 1,713,322.56 0.00 - -----------------------------------------------------------------------------------------------------------
(4) Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise disclosed. Please refer to the prospectus supplement for a full description. INTEREST DISTRIBUTION FACTORS STATEMENT
Payment of Current Beginning Unpaid Current Class Original Face Certificate Certificate/ Current Accrued Interest Interest (5) Amount Rate Notional Balance Interest Shortfall Shortfall - ------------------------------------------------------------------------------------------------------------- A-1 500,000,000.00 1.45000% 957.08748088 1.15648070 0.00000000 0.00000000 A-2 303,600,000.00 1.63313% 944.09228439 1.28485451 0.00000000 0.00000000 M-1 11,480,000.00 1.77000% 1000.00000000 1.47500000 0.00000000 0.00000000 M-2 4,920,000.00 2.55000% 1000.00000000 2.12500000 0.00000000 0.00000000 X 0.00 0.00000% 953.13433900 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 - ------------------------------------------------------------------------------------------------------------- Non- Remaining Supported Unpaid Class Original Face Interest Realized Total Interest Interest Ending Certificate/ (5) Amount Shortfall Loss (6) Distribution Shortfall Notational Balance - ------------------------------------------------------------------------------------------------------------------ A-1 500,000,000.00 0.00000000 0.00000000 1.15648070 0.00000000 941.25004414 A-2 303,600,000.00 0.00000000 0.00000000 1.28485451 0.00000000 924.32501953 M-1 11,480,000.00 0.00000000 0.00000000 1.47500000 0.00000000 1000.00000000 M-2 4,920,000.00 0.00000000 0.00000000 2.12500000 0.00000000 1000.00000000 X 0.00 0.00000000 0.00000000 0.87513705 0.00000000 936.15865610 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 - ------------------------------------------------------------------------------------------------------------------
(5) Per $1 denomination (6) Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise disclosed. Please refer to the prospectus supplement for a full description. CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 15,891,502.73 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 5,934.62 Realized Losses 0.00 Prepayment Penalties 0.00 ------------- Total Deposits 15,897,437.35 Withdrawals Reimbursement for Servicer Advances 13,269.61 Payment of Service Fee 250,785.19 Payment of Interest and Principal 15,633,382.55 ------------- Total Withdrawals (Pool Distribution Amount) 15,897,437.35 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 246,214.06 Master Servicing Fee 4,571.13 Supported Prepayment/Curtailment Interest Shortfall 0.00 ---------- Net Servicing Fee 250,785.19 ==========
Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance - ------------------------------------------------------------------------------------------- Reserve Fund 10,000.00 0.00 0.00 10,000.00
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 8 2,704,139.33 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 -------------------------- -------------------- -------------------- 8 2,704,139.33 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 0.374883% 0.351322% 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% -------------------------- -------------------- -------------------- 0.374883% 0.351322% 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 8 2,704,139.33 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 8 2,704,139.33 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 0.374883% 0.351322% 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% 0.374883% 0.351322%
Current Period Class A Insufficient Funds: 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 5,934.62
DELINQUENCY STATUS BY GROUP GROUP 1
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 5 1,224,400.00 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 ------------------------ ---------------------- ---------------------- 5 1,224,400.00 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 0.387597% 0.254083% 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% ------------------------ ---------------------- ---------------------- 0.387597% 0.254083% 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 5 1,224,400.00 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 5 1,224,400.00 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 0.387597% 0.254083% 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% 0.387597% 0.254083%
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 3 1,479,739.33 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 ------------------------- ---------------------- ----------------------- 3 1,479,739.33 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 0.355450% 0.514131% 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% ------------------------- ---------------------- ----------------------- 0.355450% 0.514131% 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 3 1,479,739.33 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 3 1,479,739.33 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 0.355450% 0.514131% 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% 0.355450% 0.514131%
COLLATERAL STATEMENT
Collateral Description Mixed Arm Weighted Average Gross Coupon 3.007745% Weighted Average Net Coupon 2.630704% Weighted Average Pass-Through Rate 2.623704% Weighted Average Maturity (Stepdown Calculation) 327 Beginning Scheduled Collateral Loan Count 2,163 Number of Loans Paid in Full 29 Ending Scheduled Collateral Loan Count 2,134 Beginning Scheduled Collateral Balance 783,620,157.98 Ending Scheduled Collateral Balance 769,700,098.00 Ending Actual Collateral Balance at 30-Sept-2003 769,702,985.73 Monthly P&I Constant 1,964,107.74 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 769,700,098.00 Scheduled Principal 0.00 Unscheduled Principal 13,920,059.98 Required Overcollateralized Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 2,050,000.00 Overcollateralized Amount 2,050,000.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralization Amount 0.00 Extra Principal Distribution Amount 0.00 Excess Cash Amount 717,612.38
MISCELLANEOUS REPORTING M-1 Target Amount 756,615,196.33 M-2 Target Amount 765,851,597.51 Senior Target Amount 735,063,593.59 Group 1 - One-Month LIBOR Loans 141,918,789.18 Group 1 - Six-Month LIBOR Loans 339,968,366.29 Group 2 - Six Month LIBOR Loans 287,812,942.53 Applied Loss Amountn 0
GROUP 1 2 TOTAL Collateral Description Mixed ARM 6 Month ARM Mixed ARM Weighted Average Coupon Rate 2.979343 3.055092 3.007745 Weighted Average Net Rate 2.602555 2.677630 2.630704 Pass-Through Rate 2.595555 2.670630 2.623704 Weighted Average Maturity 321 334 327 Record Date 09/30/2003 09/30/2003 09/30/2003 Principal and Interest Constant 1,216,083.02 748,024.72 1,964,107.74 Beginning Loan Count 1,306 857 2,163 Loans Paid in Full 16 13 29 Ending Loan Count 1,290 844 2,134 Beginning Scheduled Balance 489,805,873.84 293,814,284.14 783,620,157.98 Ending Scheduled Balance 481,887,155.47 287,812,942.53 769,700,098.00 Scheduled Principal 0.00 0.00 0.00 Unscheduled Principal 7,918,718.37 6,001,341.61 13,920,059.98 Scheduled Interest 1,216,083.02 748,024.72 1,964,107.74 Servicing Fee 153,794.23 92,419.83 246,214.06 Master Servicing Fee 2,857.21 1,713.92 4,571.13 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 1,059,431.58 653,890.97 1,713,322.55 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00