exv10w1



 



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 2003-3

Record Date: October 31, 2003

Distribution Date: November 20, 2003



Certificateholder Distribution Summary






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	Certificate	 	 	 	 	 	Beginning	 	 	 	 
	 	 	 	 	 	 	 	Class	 	Certificate Pass-	 	Certificate	 	Interest
	Class	 	CUSIP	 	Description	 	Through Rate	 	Balance	 	Distribution
	
	 	
	 	
	 	
	 	
	 	

	 	A-1
	 	81743PAT3	 	SEN	 	 	1.45000	%	 	 	364,246,164.36	 	 	 	440,130.78	 
	 	A-2
	 	81743PAU0	 	SEN	 	 	1.34000	%	 	 	146,423,902.87	 	 	 	163,506.69	 
	 	X-1A
	 	81743PAV8	 	IO	 	 	0.93873	%	 	 	0.00	 	 	 	77,480.88	 
	 	X-1B
	 	81743PAW6	 	IO	 	 	1.30022	%	 	 	0.00	 	 	 	287,350.07	 
	 	X-2
	 	81743PAX4	 	IO	 	 	1.40480	%	 	 	0.00	 	 	 	171,413.04	 
	 	X-B
	 	81743PAY2	 	IO	 	 	0.90823	%	 	 	0.00	 	 	 	6,868.49	 
	 	A-R
	 	81743PBA3	 	 	R	 	 	 	2.63263	%	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	81743PBB1	 	SUB	 	 	1.77000	%	 	 	9,075,000.00	 	 	 	13,385.62	 
	 	B-2
	 	81743PBC9	 	SUB	 	 	2.67823	%	 	 	4,675,000.00	 	 	 	10,433.94	 
	 	B-3
	 	81743PBD7	 	SUB	 	 	2.67823	%	 	 	2,475,000.00	 	 	 	5,523.85	 
	 	B-4
	 	81743PBE5	 	SUB	 	 	2.67823	%	 	 	1,650,000.00	 	 	 	3,682.57	 
	 	B-5
	 	81743PBF2	 	SUB	 	 	2.67823	%	 	 	825,000.00	 	 	 	1,841.28	 
	 	B-6
	 	81743PBG0	 	SUB	 	 	2.67823	%	 	 	1,925,608.17	 	 	 	4,297.68	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 
	Totals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	531,295,675.40	 	 	 	1,185,914.89	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 




[Additional columns below]

[Continued from above table, first column(s) repeated]


	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	Principal	 	Current Realized	 	Ending Certificate	 	Total	 	Cumulative
	Class	 	Distribution	 	Loss	 	Balance	 	Distribution	 	Realized Loss
	
	 	
	 	
	 	
	 	
	 	

	 	A-1
	 	 	2,277,472.25	 	 	 	0.00	 	 	 	361,968,692.11	 	 	 	2,717,603.03	 	 	 	0.00	 
	 	A-2
	 	 	4,051,710.25	 	 	 	0.00	 	 	 	142,372,192.62	 	 	 	4,215,216.94	 	 	 	0.00	 
	 	X-1A
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	77,480.88	 	 	 	0.00	 
	 	X-1B
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	287,350.07	 	 	 	0.00	 
	 	X-2
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	171,413.04	 	 	 	0.00	 
	 	X-B
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	6,868.49	 	 	 	0.00	 
	 	A-R
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	 	0.00	 	 	 	0.00	 	 	 	9,075,000.00	 	 	 	13,385.62	 	 	 	0.00	 
	 	B-2
	 	 	0.00	 	 	 	0.00	 	 	 	4,675,000.00	 	 	 	10,433.94	 	 	 	0.00	 
	 	B-3
	 	 	0.00	 	 	 	0.00	 	 	 	2,475,000.00	 	 	 	5,523.85	 	 	 	0.00	 
	 	B-4
	 	 	0.00	 	 	 	0.00	 	 	 	1,650,000.00	 	 	 	3,682.57	 	 	 	0.00	 
	 	B-5
	 	 	0.00	 	 	 	0.00	 	 	 	825,000.00	 	 	 	1,841.28	 	 	 	0.00	 
	 	B-6
	 	 	0.00	 	 	 	0.00	 	 	 	1,925,608.17	 	 	 	4,297.68	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	6,329,182.50	 	 	 	0.00	 	 	 	524,966,492.90	 	 	 	7,515,097.39	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 






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














 



Principal Distribution Statement






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	Beginning	 	Scheduled	 	 	Unscheduled	 	 	 	 	 	 	 	 	 
	 	 	 	Original Face	 	Certificate	 	 	Principal	 	 	 	Principal	 	 	 	 	 	 	Realized
	Class	 	Amount	 	Balance	 	Distribution	 	 	Distribution	 	 	 	Accretion	 	 	Loss (1)
	
	 	
	 	
	 	
	 	
	 	
	 	

	 	A-1
	 	 	379,455,000.00	 	 	 	364,246,164.36	 	 	 	0.00	 	 	 	2,277,472.25	 	 	 	0.00	 	 	 	0.00	 
	 	A-2
	 	 	149,922,000.00	 	 	 	146,423,902.87	 	 	 	297.28	 	 	 	4,051,412.97	 	 	 	0.00	 	 	 	0.00	 
	 	X-1A
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	X-1B
	 	 	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	 
	 	A-R
	 	 	100.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	 	9,075,000.00	 	 	 	9,075,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-2
	 	 	4,675,000.00	 	 	 	4,675,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-3
	 	 	2,475,000.00	 	 	 	2,475,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-4
	 	 	1,650,000.00	 	 	 	1,650,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-5
	 	 	825,000.00	 	 	 	825,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-6
	 	 	1,925,608.17	 	 	 	1,925,608.17	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	550,002,708.17	 	 	 	531,295,675.40	 	 	 	297.28	 	 	 	6,328,885.22	 	 	 	0.00	 	 	 	0.00	 
	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 




[Additional columns below]

[Continued from above table, first column(s) repeated]


	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	Total Principal	 	Ending Certificate	 	Ending Certificate	 	Total Principal
	Class	 	Reduction	 	Balance	 	Percentage	 	Distribution
	
	 	
	 	
	 	
	 	

	 	A-1
	 	 	2,277,472.25	 	 	 	361,968,692.11	 	 	 	0.95391731	 	 	 	2,277,472.25	 
	 	A-2
	 	 	4,051,710.25	 	 	 	142,372,192.62	 	 	 	0.94964176	 	 	 	4,051,710.25	 
	 	X-1A
	 	 	0.00	 	 	 	0.00	 	 	 	0.00000000	 	 	 	0.00	 
	 	X-1B
	 	 	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	 
	 	A-R
	 	 	0.00	 	 	 	0.00	 	 	 	0.00000000	 	 	 	0.00	 
	 	B-1
	 	 	0.00	 	 	 	9,075,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-2
	 	 	0.00	 	 	 	4,675,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-3
	 	 	0.00	 	 	 	2,475,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-4
	 	 	0.00	 	 	 	1,650,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-5
	 	 	0.00	 	 	 	825,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-6
	 	 	0.00	 	 	 	1,925,608.17	 	 	 	1.00000000	 	 	 	0.00	 
	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	6,329,182.50	 	 	 	524,966,492.90	 	 	 	0.95447983	 	 	 	6,329,182.50	 
	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 







	(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
	 	 	379,455,000.00	 	 	 	959.91926410	 	 	 	0.00000000	 	 	 	6.00195609	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	A-2
	 	 	149,922,000.00	 	 	 	976.66721942	 	 	 	0.00198290	 	 	 	27.02347201	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	X-1A
	 	 	0.00	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	X-1B
	 	 	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	 
	 	A-R
	 	 	100.00	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-1
	 	 	9,075,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-2
	 	 	4,675,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-3
	 	 	2,475,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-4
	 	 	1,650,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-5
	 	 	825,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-6
	 	 	1,925,608.17	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 




[Additional columns below]

[Continued from above table, first column(s) repeated]


	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	Total Principal	 	Ending Certificate	 	Ending Certificate	 	Total Principal
	Class	 	Reduction	 	Balance	 	Percentage	 	Distribution
	
	 	
	 	
	 	
	 	

	 	A-1
	 	 	6.00195609	 	 	 	953.91730801	 	 	 	0.95391731	 	 	 	6.00195609	 
	 	A-2
	 	 	27.02545490	 	 	 	949.64176452	 	 	 	0.94964176	 	 	 	27.02545490	 
	 	X-1A
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	X-1B
	 	 	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	 
	 	A-R
	 	 	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	 







	(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






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Payment of
	 	 	 	 	 	 	 	 	 	 	 	Beginning	 	Current	 	Unpaid
	 	 	 	Original Face	 	Current	 	Certificate/	 	Accrued	 	Interest
	Class	 	Amount	 	Certificate Rate	 	Notional Balance	 	Interest	 	Shortfall
	
	 	
	 	
	 	
	 	
	 	

	 	A-1
	 	 	379,455,000.00	 	 	 	1.45000	%	 	 	364,246,164.36	 	 	 	440,130.78	 	 	 	0.00	 
	 	A-2
	 	 	149,922,000.00	 	 	 	1.34000	%	 	 	146,423,902.87	 	 	 	163,506.69	 	 	 	0.00	 
	 	X-1A
	 	 	0.00	 	 	 	0.93873	%	 	 	99,045,551.68	 	 	 	77,480.88	 	 	 	0.00	 
	 	X-1B
	 	 	0.00	 	 	 	1.30022	%	 	 	265,200,612.68	 	 	 	287,350.07	 	 	 	0.00	 
	 	X-2
	 	 	0.00	 	 	 	1.40480	%	 	 	146,423,902.87	 	 	 	171,413.04	 	 	 	0.00	 
	 	X-B
	 	 	0.00	 	 	 	0.90823	%	 	 	9,075,000.00	 	 	 	6,868.49	 	 	 	0.00	 
	 	A-R
	 	 	100.00	 	 	 	2.63263	%	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	 	9,075,000.00	 	 	 	1.77000	%	 	 	9,075,000.00	 	 	 	13,385.63	 	 	 	0.00	 
	 	B-2
	 	 	4,675,000.00	 	 	 	2.67823	%	 	 	4,675,000.00	 	 	 	10,433.94	 	 	 	0.00	 
	 	B-3
	 	 	2,475,000.00	 	 	 	2.67823	%	 	 	2,475,000.00	 	 	 	5,523.85	 	 	 	0.00	 
	 	B-4
	 	 	1,650,000.00	 	 	 	2.67823	%	 	 	1,650,000.00	 	 	 	3,682.57	 	 	 	0.00	 
	 	B-5
	 	 	825,000.00	 	 	 	2.67823	%	 	 	825,000.00	 	 	 	1,841.28	 	 	 	0.00	 
	 	B-6
	 	 	1,925,608.17	 	 	 	2.67823	%	 	 	1,925,608.17	 	 	 	4,297.68	 	 	 	0.00	 
	 	 
	 	 	
	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 
	Totals
	 	 	550,002,708.17	 	 	 	 	 	 	 	 	 	 	 	1,185,914.90	 	 	 	0.00	 
	 	 
	 	 	
	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 




[Additional columns below]

[Continued from above table, first column(s) repeated]


	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	Non-	 	 	 	 	 	 	 	 	 	Remaining	 	Ending
	 	 	 	Current	 	Supported	 	 	 	 	 	 	 	 	 	Unpaid	 	Certificate/
	 	 	 	Interest	 	Interest	 	Realized	 	Total Interest	 	Interest	 	Notational
	Class	 	Shortfall	 	Shortfall	 	Loss (4)	 	Distribution	 	Shortfall	 	Balance
	
	 	
	 	
	 	
	 	
	 	
	 	

	 	A-1
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	440,130.78	 	 	 	0.00	 	 	 	361,968,692.11	 
	 	A-2
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	163,506.69	 	 	 	0.00	 	 	 	142,372,192.62	 
	 	X-1A
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	77,480.88	 	 	 	0.00	 	 	 	98,902,597.89	 
	 	X-1B
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	287,350.07	 	 	 	0.00	 	 	 	263,066,094.22	 
	 	X-2
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	171,413.04	 	 	 	0.00	 	 	 	142,372,192.62	 
	 	X-B
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	6,868.49	 	 	 	0.00	 	 	 	9,075,000.00	 
	 	A-R
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	13,385.62	 	 	 	0.00	 	 	 	9,075,000.00	 
	 	B-2
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	10,433.94	 	 	 	0.00	 	 	 	4,675,000.00	 
	 	B-3
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	5,523.85	 	 	 	0.00	 	 	 	2,475,000.00	 
	 	B-4
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	3,682.57	 	 	 	0.00	 	 	 	1,650,000.00	 
	 	B-5
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	1,841.28	 	 	 	0.00	 	 	 	825,000.00	 
	 	B-6
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	4,297.68	 	 	 	0.00	 	 	 	1,925,608.17	 
	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	 	 
	Totals
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	1,185,914.89	 	 	 	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
	 	 	379,455,000.00	 	 	 	1.45000	%	 	 	959.91926410	 	 	 	1.15990244	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	A-2
	 	 	149,922,000.00	 	 	 	1.34000	%	 	 	976.66721942	 	 	 	1.09061172	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	X-1A
	 	 	0.00	 	 	 	0.93873	%	 	 	982.28666237	 	 	 	0.76841851	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	X-1B
	 	 	0.00	 	 	 	1.30022	%	 	 	951.82467819	 	 	 	1.03132072	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	X-2
	 	 	0.00	 	 	 	1.40480	%	 	 	976.66721942	 	 	 	1.14334814	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	X-B
	 	 	0.00	 	 	 	0.90823	%	 	 	1000.00000000	 	 	 	0.75685840	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	A-R
	 	 	100.00	 	 	 	2.63263	%	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-1
	 	 	9,075,000.00	 	 	 	1.77000	%	 	 	1000.00000000	 	 	 	1.47500055	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-2
	 	 	4,675,000.00	 	 	 	2.67823	%	 	 	1000.00000000	 	 	 	2.23185882	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-3
	 	 	2,475,000.00	 	 	 	2.67823	%	 	 	1000.00000000	 	 	 	2.23185859	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-4
	 	 	1,650,000.00	 	 	 	2.67823	%	 	 	1000.00000000	 	 	 	2.23186061	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-5
	 	 	825,000.00	 	 	 	2.67823	%	 	 	1000.00000000	 	 	 	2.23185455	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-6
	 	 	1,925,608.17	 	 	 	2.67823	%	 	 	1000.00000000	 	 	 	2.23185592	 	 	 	0.00000000	 	 	 	0.00000000	 




[Additional columns below]

[Continued from above table, first column(s) repeated]


	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	Non-	 	 	 	 	 	 	 	 	 	Remaining	 	 	 	 
	 	 	 	Supported	 	 	 	 	 	 	 	 	 	Unpaid	 	 	 	 
	Class	 	Interest	 	Realized	 	Total Interest	 	Interest	 	Ending Certificate/
	(5)	 	Shortfall	 	Loss (6)	 	Distribution	 	Shortfall	 	Notational Balance
	
	 	
	 	
	 	
	 	
	 	

	 	A-1
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	1.15990244	 	 	 	0.00000000	 	 	 	953.91730801	 
	 	A-2
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	1.09061172	 	 	 	0.00000000	 	 	 	949.64176452	 
	 	X-1A
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.76841851	 	 	 	0.00000000	 	 	 	980.86891469	 
	 	X-1B
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	1.03132072	 	 	 	0.00000000	 	 	 	944.16373305	 
	 	X-2
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	1.14334814	 	 	 	0.00000000	 	 	 	949.64176452	 
	 	X-B
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.75685840	 	 	 	0.00000000	 	 	 	1000.00000000	 
	 	A-R
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-1
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	1.47499945	 	 	 	0.00000000	 	 	 	1000.00000000	 
	 	B-2
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	2.23185882	 	 	 	0.00000000	 	 	 	1000.00000000	 
	 	B-3
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	2.23185859	 	 	 	0.00000000	 	 	 	1000.00000000	 
	 	B-4
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	2.23186061	 	 	 	0.00000000	 	 	 	1000.00000000	 
	 	B-5
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	2.23185455	 	 	 	0.00000000	 	 	 	1000.00000000	 
	 	B-6
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	2.23185592	 	 	 	0.00000000	 	 	 	1000.00000000	 







	(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
	 	 	7,688,057.45	 
	 	Liquidations, Insurance Proceeds, Reserve Funds
	 	 	0.00	 
	 	Proceeds from Repurchased Loans
	 	 	0.00	 
	 	Other Amounts (Servicer Advances)
	 	 	6,214.78	 
	 	Realized Losses (Gains, Subsequent Expenses & Recoveries)
	 	 	0.00	 
	 	Prepayment Penalties
	 	 	0.00	 
	 
	 	 	
	 
	Total Deposits
	 	 	7,694,272.23	 
	Withdrawals
	 	 	 	 
	 	Reimbursement for Servicer Advances
	 	 	8,251.37	 
	 	Payment of Service Fee
	 	 	170,923.48	 
	 	Payment of Interest and Principal
	 	 	7,515,097.38	 
	 
	 	 	
	 
	Total Withdrawals (Pool Distribution Amount)
	 	 	7,694,272.23	 
	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
	 	 	166,496.03	 
	Master Servicing Fee
	 	 	4,427.45	 
	Supported Prepayment/Curtailment Interest Shortfall
	 	 	0.00	 
	 
	 	 	
	 
	Net Servicing Fee
	 	 	170,923.48	 
	 
	 	 	
	 



 






 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Beginning	 	Current	 	Current	 	Ending	 	 	 
	Account Type	 	Balance	 	Withdrawals	 	Deposits	 	Balance
	
	 	
	 	
	 	
	 	

	Reserve Fund
	 	 	5,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	5,000.00	 
	Reserve Fund
	 	 	2,500.00	 	 	 	0.00	 	 	 	0.00	 	 	 	2,500.00	 
	Reserve Fund
	 	 	2,500.00	 	 	 	0.00	 	 	 	0.00	 	 	 	2,500.00	 



Loan Status Stratification/Credit Enhancement Statement




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	BANKRUPTCY	 	FORECLOSURE
	
	 	
	 	

	 	 	No. of	 	Balance	 	 	 	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Principal	 	 	 	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	 	 	
	 	
	 	 	 	 	 	
	 	
	 	 	 	 	 	
	 	

	0-29 Days
	 	 	0	 	 	 	0.00	 	 	0-29 Days	 	 	0	 	 	 	0.00	 	 	0-29 Days	 	 	0	 	 	 	0.00	 
	30 Days
	 	 	7	 	 	 	2,560,832.90	 	 	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	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	7	 	 	 	2,560,832.90	 	 	 	 	 	 	 	0	 	 	 	0.00	 	 	 	 	 	 	 	0	 	 	 	0.00	 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	Balance	 	 	 	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Principal	 	 	 	 	 	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
	 	 	0.454841	%	 	 	0.487808	%	 	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	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0.454841	%	 	 	0.487808	%	 	 	 	 	 	 	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	 	 	7	 	 	 	2,560,832.90	 
	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	 	 	 	 	 	 	 	7	 	 	 	2,560,832.90	 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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	 	 	0.454841	%	 	 	0.487808	%
	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	%	 	 	 	 	 	 	0.454841	%	 	 	0.487808	%




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Current Period Class A Insufficient Funds:	 	 	
0.00	 	 	Principal Balance of Contaminated Properties
	 	 	0.00	 	 	Periodic Advance
	 	 	6,214.78	 



 






 



    
Subordinated Level/Credit Enhancement/Class Percentage and Prepayment Percentage



	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	Original $	 	Original %	 	Current $	 	Current %	 	Current Class %	 	Prepayment %
	 	 	 	
	 	
	 	
	 	
	 	
	 	

	 	Class A
	 	 	20,625,608.17	 	 	 	3.75009211	%	 	 	20,625,608.17	 	 	 	3.92893803	%	 	 	96.071062	%	 	 	0.000000	%
	Class X-2
	 	 	20,625,608.17	 	 	 	3.75009211	%	 	 	20,625,608.17	 	 	 	3.92893808	%	 	 	0.000000	%	 	 	0.000000	%
	Class B-1
	 	 	11,550,608.17	 	 	 	2.10010024	%	 	 	11,550,608.17	 	 	 	2.20025627	%	 	 	1.728682	%	 	 	43.998703	%
	Class B-2
	 	 	6,875,608.17	 	 	 	1.25010442	%	 	 	6,875,608.17	 	 	 	1.30972324	%	 	 	0.890533	%	 	 	22.665998	%
	Class B-3
	 	 	4,400,608.17	 	 	 	0.80010664	%	 	 	4,400,608.17	 	 	 	0.83826458	%	 	 	0.471459	%	 	 	11.999646	%
	Class B-4
	 	 	2,750,608.17	 	 	 	0.50010811	%	 	 	2,750,608.17	 	 	 	0.52395881	%	 	 	0.314306	%	 	 	7.999764	%
	Class B-5
	 	 	1,925,608.17	 	 	 	0.35010885	%	 	 	1,925,608.17	 	 	 	0.36680592	%	 	 	0.157153	%	 	 	3.999882	%
	Class B-6
	 	 	0.00	 	 	 	0.00000000	%	 	 	0.00	 	 	 	0.00000000	%	 	 	0.366806	%	 	 	9.336007	%



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



 









 



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
	 	 	4	 	 	 	2,073,092.04	 	 	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	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	4	 	 	 	2,073,092.04	 	 	 	 	 	 	 	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
	 	 	0.366300	%	 	 	0.550252	%	 	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	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0.366300	%	 	 	0.550252	%	 	 	 	 	 	 	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	 	 	4	 	 	 	2,073,092.04	 
	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	 	 	 	 	 	 	 	4	 	 	 	2,073,092.04	 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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	 	 	0.366300	%	 	 	0.550252	%
	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	%	 	 	 	 	 	 	0.366300	%	 	 	0.550252	%



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	 	 	 	487,740.86	 	 	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	 	 	 	487,740.86	 	 	 	 	 	 	 	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
	 	 	0.671141	%	 	 	0.329078	%	 	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	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0.671141	%	 	 	0.329078	%	 	 	 	 	 	 	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	 	 	 	487,740.86	 
	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	 	 	 	487,740.86	 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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	 	 	0.671141	%	 	 	0.329078	%
	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	%	 	 	 	 	 	 	0.671141	%	 	 	0.329078	%



 






 



Collateral Statement




	 	 	 	 	 
	Collateral Description	 	Mixed Arm
	Weighted Average Gross Coupon
	 	 	3.064595	%
	Weighted Average Net Coupon
	 	 	2.688542	%
	Weighted Average Pass-Through Rate
	 	 	2.678542	%
	Weighted Average Maturity (Stepdown Calculation)
	 	 	353	 
	Beginning Scheduled Collateral Loan Count
	 	 	1,551	 
	Number of Loans Paid in Full
	 	 	12	 
	Ending Scheduled Collateral Loan Count
	 	 	1,539	 
	Beginning Scheduled Collateral Balance
	 	 	531,295,675.40	 
	Ending Scheduled Collateral Balance
	 	 	524,966,492.90	 
	Ending Actual Collateral Balance at 31-Oct-2003
	 	 	524,967,423.00	 
	Monthly P&I Constant
	 	 	1,357,135.67	 
	Special Servicing Fee
	 	 	0.00	 
	Prepayment Penalties
	 	 	0.00	 
	Realized Loss Amount
	 	 	0.00	 
	Cumulative Realized Loss
	 	 	0.00	 
	Class A Optimal Amount
	 	 	7,469,063.96	 
	Ending Scheduled Balance for Premium Loans
	 	 	524,966,492.90	 
	Scheduled Principal
	 	 	297.28	 
	Unscheduled Principal
	 	 	6,328,885.22	 



 






 



Miscellaneous Reporting



	 	 	 	 	 
	Group 1 One Month Libor Loan Balance
	 	 	102,942,077.40	 
	Group 1 Six Month Libor Loan Balance
	 	 	273,810,504.58	 
	Group 2 Six Month Libor Loan Balance
	 	 	148,213,910.92	 
	Pro-Rata Senior Percent
	 	 	96.117866	%
	Group 1 Senior Percent
	 	 	100.000000	%
	Group 2 Senior Percent
	 	 	100.000000	%
	Group 1 Senior Prepayment Percent
	 	 	100.000000	%
	Group 2 Senior Prepayment Percent
	 	 	100.000000	%





	 	 	 	 	 	 	 	 	 	 	 	 	 
	Group	 	1	 	2	 	Total
	Collateral Description	 	Mixed ARM	 	Mixed ARM	 	Mixed ARM
	Weighted Average Coupon Rate
	 	 	3.038402	 	 	 	3.129796	 	 	 	3.064595	 
	Weighted Average Net Rate
	 	 	2.661927	 	 	 	2.754796	 	 	 	2.688542	 
	Pass-Through Rate
	 	 	2.651927	 	 	 	2.744796	 	 	 	2.678542	 
	Weighted Average Maturity
	 	 	328	 	 	 	332	 	 	 	353	 
	Record Date
	 	 	10/31/2003	 	 	 	10/31/2003	 	 	 	10/31/2003	 
	Principal and Interest Constant
	 	 	959,704.84	 	 	 	397,430.83	 	 	 	1,357,135.67	 
	Beginning Loan Count
	 	 	1,097	 	 	 	454	 	 	 	1,551	 
	Loans Paid in Full
	 	 	5	 	 	 	7	 	 	 	12	 
	Ending Loan Count
	 	 	1,092	 	 	 	447	 	 	 	1,539	 
	Beginning Scheduled Balance
	 	 	379,030,054.23	 	 	 	152,265,621.17	 	 	 	531,295,675.40	 
	Ending Scheduled Balance
	 	 	376,752,581.98	 	 	 	148,213,910.92	 	 	 	524,966,492.90	 
	Scheduled Principal
	 	 	0.00	 	 	 	297.28	 	 	 	297.28	 
	Unscheduled Principal
	 	 	2,277,472.25	 	 	 	4,051,412.97	 	 	 	6,328,885.22	 
	Scheduled Interest
	 	 	959,704.84	 	 	 	397,133.55	 	 	 	1,356,838.39	 
	Servicing Fee
	 	 	118,913.03	 	 	 	47,583.00	 	 	 	166,496.03	 
	Master Servicing Fee
	 	 	3,158.58	 	 	 	1,268.87	 	 	 	4,427.45	 
	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
	 	 	837,633.23	 	 	 	348,281.68	 	 	 	1,185,914.91	 
	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