<PAGE>

                                  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 2004-4
                         RECORD DATE: SEPTEMBER 30, 2004
                       DISTRIBUTION DATE: OCTOBER 20, 2004

                     CERTIFICATEHOLDER DISTRIBUTION SUMMARY

<TABLE>
<CAPTION>
                   Certificate  Certificate     Beginning
                      Class        Pass-       Certificate      Interest       Principal       Current
Class     CUSIP    Description  Through Rate     Balance      Distribution   Distribution  Realized Loss
------  ---------  -----------  ------------  --------------  ------------  -------------  -------------
<S>     <C>        <C>           <C>          <C>             <C>           <C>            <C>
  A     81744FBF3      SEN        1.60813%    743,502,772.71    996,374.27  22,497,729.26       0.00
 X-1    81744FBG1      SEN        0.80000%              0.00    441,543.80           0.00       0.00
 X-2    81744FBH9      SEN        0.68812%              0.00    426,350.43           0.00       0.00
 X-B    81744FBJ5      SEN        0.55219%              0.00     10,566.11           0.00       0.00
 B-1    81744FBK2      SUB        2.31125%     14,612,000.00     28,143.32           0.00       0.00
 B-2    81744FBL0      SUB        2.71125%      8,350,000.00     18,865.78           0.00       0.00
 B-3    81744FBM8      SUB        3.00890%      4,175,000.00     10,468.45           0.00       0.00
 B-4    81744FBN6      SUB        3.00890%      2,509,000.00      6,291.10           0.00       0.00
 B-5    81744FBP1      SUB        3.00890%      2,088,000.00      5,235.48           0.00       0.00
 B-6    81744FBQ9      SUB        3.00890%      3,757,983.00      9,422.82           0.00       0.00
 A-R    81744FBR7      RES        2.75052%              0.00          0.00           0.00       0.00
                                              --------------  ------------  -------------       ----
Totals                                        778,994,755.71  1,953,261.65  22,497,729.26       0.00
                                              --------------  ------------  -------------       ----

<CAPTION>
                      Ending
                    Certificate        Total         Cumulative
Class     CUSIP       Balance       Distribution   Realized Loss
------  ---------  --------------  --------------  -------------
<S>     <C>        <C>             <C>             <C>
  A     81744FBF3  721,005,043.45   23,494,103.53       0.00
 X-1    81744FBG1            0.00      441,543.80       0.00
 X-2    81744FBH9            0.00      426,350.43       0.00
 X-B    81744FBJ5            0.00       10,566.11       0.00
 B-1    81744FBK2   14,612,000.00       28,143.32       0.00
 B-2    81744FBL0    8,350,000.00       18,865.78       0.00
 B-3    81744FBM8    4,175,000.00       10,468.45       0.00
 B-4    81744FBN6    2,509,000.00        6,291.10       0.00
 B-5    81744FBP1    2,088,000.00        5,235.48       0.00
 B-6    81744FBQ9    3,757,983.00        9,422.82       0.00
 A-R    81744FBR7            0.00            0.00       0.00
                   --------------   -------------       ----
Totals             756,497,026.45   24,450,990.82       0.00
                   --------------   -------------       ----
</TABLE>

All distributions required by the Pooling and Servicing Agreement have been
calculated by the Certificate Administrator on behalf of the Trustee.

                        PRINCIPAL DISTRIBUTION STATEMENT

<TABLE>
<CAPTION>
                          Beginning       Scheduled   Unscheduled
        Original Face    Certificate      Principal    Principal                Realized
Class       Amount         Balance      Distribution  Distribution   Accretion  Loss (1)
------  --------------  --------------  ------------  -------------  ---------  --------
<S>     <C>             <C>             <C>           <C>            <C>        <C>
  A     799,511,000.00  743,502,772.71      0.00      22,497,729.26     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     14,612,000.00   14,612,000.00      0.00               0.00     0.00      0.00
 B-2      8,350,000.00    8,350,000.00      0.00               0.00     0.00      0.00
 B-3      4,175,000.00    4,175,000.00      0.00               0.00     0.00      0.00
 B-4      2,509,000.00    2,509,000.00      0.00               0.00     0.00      0.00
 B-5      2,088,000.00    2,088,000.00      0.00               0.00     0.00      0.00
 B-6      3,757,983.00    3,757,983.00      0.00               0.00     0.00      0.00
 A-R            100.00            0.00      0.00               0.00     0.00      0.00
        --------------  --------------      ----      -------------     ----      ----
Totals  835,003,083.00  778,994,755.71      0.00      22,497,729.26     0.00      0.00
        --------------  --------------      ----      -------------     ----      ----

<CAPTION>
           Total          Ending         Ending
          Principal     Certificate    Certificate  Total Principal
Class     Reduction       Balance      Percentage    Distribution
------  -------------  --------------  -----------  ---------------
<S>     <C>            <C>             <C>          <C>
  A     22,497,729.26  721,005,043.45  0.90180753   22,497,729.26
 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   14,612,000.00  1.00000000            0.00
 B-2             0.00    8,350,000.00  1.00000000            0.00
 B-3             0.00    4,175,000.00  1.00000000            0.00
 B-4             0.00    2,509,000.00  1.00000000            0.00
 B-5             0.00    2,088,000.00  1.00000000            0.00
 B-6             0.00    3,757,983.00  1.00000000            0.00
 A-R             0.00            0.00  0.00000000            0.00
        -------------  --------------  ----------   -------------
Totals  22,497,729.26  756,497,026.45  0.90598112   22,497,729.26
        -------------  --------------  ----------   -------------
</TABLE>

(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.

<PAGE>

                    PRINCIPAL DISTRIBUTION FACTORS STATEMENT

<TABLE>
<CAPTION>
                          Beginning      Scheduled    Unscheduled
        Original Face    Certificate     Principal     Principal                  Realized
Class      Amount          Balance      Distribution  Distribution   Accretion    Loss (3)
------  --------------  --------------  ------------  -------------  ----------  ----------
<S>     <C>             <C>             <C>           <C>            <C>         <C>
  A     799,511,000.00    929.94689593    0.00000000    28.13936176  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     14,612,000.00   1000.00000000    0.00000000     0.00000000  0.00000000  0.00000000
 B-2      8,350,000.00   1000.00000000    0.00000000     0.00000000  0.00000000  0.00000000
 B-3      4,175,000.00   1000.00000000    0.00000000     0.00000000  0.00000000  0.00000000
 B-4      2,509,000.00   1000.00000000    0.00000000     0.00000000  0.00000000  0.00000000
 B-5      2,088,000.00   1000.00000000    0.00000000     0.00000000  0.00000000  0.00000000
 B-6      3,757,983.00   1000.00000000    0.00000000     0.00000000  0.00000000  0.00000000
 A-R            100.00      0.00000000    0.00000000     0.00000000  0.00000000  0.00000000

<CAPTION>
           Total        Ending        Ending
         Principal    Certificate   Certificate  Total Principal
Class    Reduction      Balance     Percentage   Distribution
------  -----------  -------------  -----------  ---------------
<S>     <C>          <C>            <C>          <C>
  A     28.13936176   901.80754317  0.90180753     28.13936176
 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     0.00000000     0.00000000  0.00000000      0.00000000
</TABLE>

(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

<TABLE>
<CAPTION>
                                           Beginning                   Payment of                Non-
                             Current      Certificate/     Current       Unpaid    Current    Supported
          Original Face    Certificate      Notional       Accrued      Interest   Interest   Interest    Realized  Total Interest
  Class      Amount           Rate          Balance        Interest    Shortfall   Shortfall   Shortfall  Loss (4)   Distribution
-------- ----------------  -----------   --------------  ------------  ----------  ---------  ----------  --------  --------------
<S>      <C>               <C>           <C>             <C>           <C>         <C>        <C>         <C>       <C>
    A      799,511,000.00    1.60813%    743,502,772.71    996,374.26    0.00        0.00        (0.01)      0.00     996,374.27
   X-1               0.00    0.80000%    662,315,695.52    441,543.80    0.00        0.00         0.00       0.00     441,543.80
   X-2               0.00    0.68812%    743,502,772.71    426,350.42    0.00        0.00         0.00       0.00     426,350.43
   X-B               0.00    0.55219%     22,962,000.00     10,566.11    0.00        0.00         0.00       0.00      10,566.11
   B-1      14,612,000.00    2.31125%     14,612,000.00     28,143.32    0.00        0.00         0.00       0.00      28,143.32
   B-2       8,350,000.00    2.71125%      8,350,000.00     18,865.78    0.00        0.00         0.00       0.00      18,865.78
   B-3       4,175,000.00    3.00890%      4,175,000.00     10,468.45    0.00        0.00         0.00       0.00      10,468.45
   B-4       2,509,000.00    3.00890%      2,509,000.00      6,291.10    0.00        0.00         0.00       0.00       6,291.10
   B-5       2,088,000.00    3.00890%      2,088,000.00      5,235.48    0.00        0.00         0.00       0.00       5,235.48
   B-6       3,757,983.00    3.00890%      3,757,983.00      9,422.82    0.00        0.00         0.00       0.00       9,422.82
   A-R             100.00    2.75052%              0.00          0.00    0.00        0.00         0.00       0.00           0.00
           --------------                                ------------                            -----       ----   ------------
 Totals    835,003,083.00                                1,953,261.54    0.00        0.00        (0.01)      0.00   1,953,261.56
           --------------                                ------------                            -----       ----   ------------
<CAPTION>
           Remaining      Ending
           Unpaid       Certificate/
           Interest     Notational
  Class    Shortfall     Balance
--------   ---------  --------------
<S>        <C>        <C>
    A        0.00     721,005,043.45
   X-1       0.00     637,709,845.26
   X-2       0.00     721,005,043.45
   X-B       0.00      22,962,000.00
   B-1       0.00      14,612,000.00
   B-2       0.00       8,350,000.00
   B-3       0.00       4,175,000.00
   B-4       0.00       2,509,000.00
   B-5       0.00       2,088,000.00
   B-6       0.00       3,757,983.00
   A-R       0.00               0.00
             ----
 Totals      0.00
             ----
</TABLE>

(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.

<PAGE>

                     INTEREST DISTRIBUTION FACTORS STATEMENT

<TABLE>
<CAPTION>
                                                                            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)
---------  ---------------  -----------  ----------------  ---------------  ----------  ----------  ------------  ----------
<S>        <C>              <C>          <C>               <C>              <C>         <C>         <C>           <C>
    A       799,511,000.00    1.60813%      929.94689593      1.24622958    0.00000000  0.00000000  (0.00000001)  0.00000000
   X-1                0.00    0.80000%      828.40097950      0.55226732    0.00000000  0.00000000   0.00000000   0.00000000
   X-2                0.00    0.68812%      929.94689593      0.53326398    0.00000000  0.00000000   0.00000000   0.00000000
   X-B                0.00    0.55219%     1000.00000000      0.46015635    0.00000000  0.00000000   0.00000000   0.00000000
   B-1       14,612,000.00    2.31125%     1000.00000000      1.92604161    0.00000000  0.00000000   0.00000000   0.00000000
   B-2        8,350,000.00    2.71125%     1000.00000000      2.25937485    0.00000000  0.00000000   0.00000000   0.00000000
   B-3        4,175,000.00    3.00890%     1000.00000000      2.50741317    0.00000000  0.00000000   0.00000000   0.00000000
   B-4        2,509,000.00    3.00890%     1000.00000000      2.50741331    0.00000000  0.00000000   0.00000000   0.00000000
   B-5        2,088,000.00    3.00890%     1000.00000000      2.50741379    0.00000000  0.00000000   0.00000000   0.00000000
   B-6        3,757,983.00    3.00890%     1000.00000000      2.50741422    0.00000000  0.00000000   0.00000000   0.00000000
   A-R              100.00    2.75052%        0.00000000      0.00000000    0.00000000  0.00000000   0.00000000   0.00000000

<CAPTION>
                           Remaining
                            Unpaid
           Total Interest   Interest   Ending Certificate/
Class (5)  Distribution    Shortfall   Notational Balance
---------  --------------  ----------  -------------------
<S>        <C>             <C>         <C>
    A        1.24622960    0.00000000     901.80753417
   X-1       0.55226732    0.00000000     797.62485477
   X-2       0.53326400    0.00000000     901.80753417
   X-B       0.46015635    0.00000000    1000.00000000
   B-1       1.92604161    0.00000000    1000.00000000
   B-2       2.25937485    0.00000000    1000.00000000
   B-3       2.50741317    0.00000000    1000.00000000
   B-4       2.50741331    0.00000000    1000.00000000
   B-5       2.50741379    0.00000000    1000.00000000
   B-6       2.50741422    0.00000000    1000.00000000
   A-R       0.00000000    0.00000000       0.00000000
</TABLE>

(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

<TABLE>
<S>                                                                    <C>
Beginning Balance                                                               0.00

Deposits
         Payments of Interest and Principal                            24,701,232.34
         Liquidations, Insurance Proceeds, Reserve Funds                        0.00
         Proceeds from Repurchased Loans                                        0.00
         Other Amounts (Servicer Advances)                                 33,457.97
         Realized Losses (Gains, Subsequent Expenses & Recoveries)              0.00
         Prepayment Penalties                                                   0.00
                                                                       -------------
Total Deposits                                                         24,734,690.31

Withdrawals
         Reimbursement for Servicer Advances                               34,821.17
         Payment of Service Fee                                           248,878.32
         Payment of Interest and Principal                             24,450,990.82
                                                                       -------------
Total Withdrawals (Pool Distribution Amount)                           24,734,690.31

Ending Balance                                                                  0.00
                                                                       =============
</TABLE>

<PAGE>

                    PREPAYMENT/CURTAILMENT INTEREST SHORTFALL

<TABLE>
<S>                                                                         <C>
Total Prepayment/Curtailment Interest Shortfall                              0.00
Servicing Fee Support                                                        0.00
                                                                            -----
Non-Supported Prepayment Curtailment Interest Shortfall                     (0.01)
                                                                            =====
</TABLE>

                                 SERVICING FEES

<TABLE>
<S>                                                                    <C>
Gross Servicing Fee                                                    244,009.58
Master Servicing Fee                                                     4,868.74
Supported Prepayment/Curtailment Interest Shortfall                          0.00
                                                                       ----------
Net Servicing Fee                                                      248,878.32
                                                                       ==========
</TABLE>

                                 OTHER ACCOUNTS

<TABLE>
<CAPTION>
                        Beginning    Current     Current   Ending
     Account Type        Balance   Withdrawals  Deposits   Balance
---------------------   ---------  -----------  --------  --------
<S>                     <C>        <C>          <C>      <C>
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
</TABLE>

<PAGE>

             LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT

                                   DELINQUENT

<TABLE>
<CAPTION>
                No. of      Principal
                 Loans       Balance
               ---------  -------------
<S>            <C>        <C>
0-29 Days          0               0.00
30 Days           39      11,732,584.80
60 Days            3         597,093.09
90 Days            2         312,550.67
120 Days           0               0.00
150 Days           0               0.00
180+ Days          0               0.00
                  --      -------------
                  44      12,642,228.56
                  --      -------------
</TABLE>

<TABLE>
<CAPTION>
                No. of      Principal
                 Loans       Balance
               ---------  -------------
<S>            <C>        <C>
0-29 Days      0.000000%    0.000000%
30 Days        1.675258%    1.550917%
60 Days        0.128866%    0.078929%
90 Days        0.085911%    0.041316%
120 Days       0.000000%    0.000000%
150 Days       0.000000%    0.000000%
180+ Days      0.000000%    0.000000%
               --------     --------
               1.890034%    1.671161%
               --------     --------
</TABLE>

                                   BANKRUPTCY
<TABLE>
<CAPTION>
                No. of      Principal
                 Loans       Balance
               ---------  -------------
<S>            <C>        <C>
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
                  --          ----
</TABLE>

<TABLE>
<CAPTION>
                No. of      Principal
                 Loans       Balance
               ---------  -------------
<S>            <C>        <C>
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%
               --------     --------
</TABLE>

                                   FORECLOSURE
<TABLE>
<CAPTION>
                No. of      Principal
                 Loans       Balance
               ---------  -------------
<S>            <C>        <C>
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
                  --          ----
</TABLE>

<TABLE>
<CAPTION>
                No. of      Principal
                 Loans       Balance
               ---------  -------------
<S>            <C>        <C>
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%
               --------     --------
</TABLE>

                                       REO
<TABLE>
<CAPTION>
                No. of     Principal
                 Loans      Balance
               ---------  -----------
<S>            <C>        <C>
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
                  --          ----
</TABLE>

<TABLE>
<CAPTION>
                No. of     Principal
                 Loans      Balance
               ---------  -----------
<S>            <C>        <C>
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%
               --------     --------
</TABLE>

                                      TOTAL

<TABLE>
<CAPTION>
                No. of      Principal
                 Loans       Balance
               ---------  -------------
<S>            <C>        <C>
0-29 Days          0               0.00
30 Days           39      11,732,584.80
60 Days            3         597,093.09
90 Days            2         312,550.67
120 Days           0               0.00
150 Days           0               0.00
180+ Days          0               0.00
                  --      -------------
                  44      12,642,228.56
                  --      -------------
</TABLE>

<TABLE>
<CAPTION>
                No. of      Principal
                 Loans       Balance
               ---------  -------------
<S>            <C>        <C>
0-29 Days      0.000000%    0.000000%
30 Days        1.675258%    1.550917%
60 Days        0.128866%    0.078929%
90 Days        0.085911%    0.041316%
120 Days       0.000000%    0.000000%
150 Days       0.000000%    0.000000%
180+ Days      0.000000%    0.000000%
               --------     --------
               1.890034%    1.671161%
               --------     --------
</TABLE>

<TABLE>
<S>                                       <C>   <C>                                          <C>   <C>              <C>
Current Period Class A Insufficient Funds:0.00  Principal Balance of Contaminated Properties 0.00  Periodic Advance 33,457.97
</TABLE>

<TABLE>
<CAPTION>
            Original $    Original%     Current $      Current %   Current Class %  Prepayment %
           -------------  -----------  -------------  -----------  ---------------  ------------
<S>        <C>            <C>          <C>            <C>          <C>              <C>
Class A    35,491,983.00  4.25052119%  35,491,983.00  4.69162227%    95.308378%      0.000000%
Class X-1  35,491,983.00  4.25052119%  35,491,983.00  4.69162227%     0.000000%      0.000000%
Class X-2  35,491,983.00  4.25052119%  35,491,983.00  4.69162227%     0.000000%      0.000000%
Class B-1  20,879,983.00  2.50058753%  20,879,983.00  2.76008791%     1.931534%     41.169861%
Class B-2  12,529,983.00  1.50059123%  12,529,983.00  1.65631622%     1.103772%     23.526440%
Class B-3   8,354,983.00  1.00059307%   8,354,983.00  1.10443038%     0.551886%     11.763220%
Class B-4   5,845,983.00  0.70011514%   5,845,983.00  0.77277012%     0.331660%      7.069202%
Class B-5   3,757,983.00  0.45005618%   3,757,983.00  0.49676111%     0.276009%      5.883019%
Class B-6           0.00  0.00000000%           0.00  0.00000000%     0.496761%     10.588259%
</TABLE>

Please refer to the prospectus supplement for a full description of loss
exposure

<PAGE>

                              COLLATERAL STATEMENT

<TABLE>
<CAPTION>
Collateral Description                                        Mixed Arm
<S>                                                      <C>
Weighted Average Gross Coupon                                  3.392279%
Weighted Average Net Coupon                                    3.016396%
Weighted Average Pass-Through Rate                             3.008896%
Weighted Average Maturity (Stepdown Calculation)                    337

Beginning Scheduled Collateral Loan Count                         2,375
Number of Loans Paid in Full                                         47
Ending Scheduled Collateral Loan Count                            2,328

Beginning Scheduled Collateral Balance                   778,994,756.45
Ending Scheduled Collateral Balance                      756,497,027.19
Ending Actual Collateral Balance at 30-Sept-2004         756,493,551.98

Monthly P&I Constant                                       2,202,139.86
Special Servicing Fee                                              0.00
Prepayment Penalties                                               0.00
Realization Loss Amount                                            0.00
Cumulative Realized Loss                                           0.00

Class A Optimal Amount                                    24,372,563.85

Ending Scheduled Balance for Premium Loans               756,497,027.19

Scheduled Principal                                                0.00
Unscheduled Principal                                     22,497,729.26
</TABLE>

MISCELLANEOUS REPORTING

<TABLE>
<S>                                                      <C>
One-Month Libor Loan Balance                             103,659,986.28
Six-Month Libor Loan Balance                             652,837,040.91
Prorata Senior Percentage                                     95.443874%
Senior Percentage                                            100.000000%
Senior Prepayment Percentage                                 100.000000%
Subordinate Percentage                                         0.000000%
Subordinate Prepayment Percentage                              0.000000%
</TABLE>