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 2003-5

Record Date: October 31, 2003

Distribution Date: November 20, 2003



Certificateholder Distribution Summary






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

	 	A-1
	 	81743PCJ3	 	SEN	 	 	1.43000	%	 	 	665,768,709.36	 	 	 	793,374.38	 	 	 	9,854,575.66	 
	 	A-2
	 	81743PCK0	 	SEN	 	 	1.53125	%	 	 	148,871,569.28	 	 	 	189,966.33	 	 	 	1,578,176.00	 
	 	X-1A
	 	81743PCL8	 	IO	 	 	1.05475	%	 	 	0.00	 	 	 	78,811.57	 	 	 	0.00	 
	 	X-1B
	 	81743PCM6	 	IO	 	 	1.30369	%	 	 	0.00	 	 	 	625,882.05	 	 	 	0.00	 
	 	X-2
	 	81743PCN4	 	IO	 	 	1.18587	%	 	 	0.00	 	 	 	147,119.09	 	 	 	0.00	 
	 	X-B
	 	81743PCP9	 	IO	 	 	0.98324	%	 	 	0.00	 	 	 	12,325.67	 	 	 	0.00	 
	 	A-R
	 	81743PCQ7	 	 	R	 	 	 	2.70230	%	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	81743PCR5	 	SUB	 	 	1.72000	%	 	 	15,043,000.00	 	 	 	21,561.63	 	 	 	0.00	 
	 	B-2
	 	81743PCS3	 	SUB	 	 	2.70324	%	 	 	6,447,000.00	 	 	 	14,523.13	 	 	 	0.00	 
	 	B-3
	 	81743PCT1	 	SUB	 	 	2.70324	%	 	 	6,017,000.00	 	 	 	13,554.47	 	 	 	0.00	 
	 	B-4
	 	SEQ0305B4	 	SUB	 	 	2.70324	%	 	 	2,149,000.00	 	 	 	4,841.04	 	 	 	0.00	 
	 	B-5
	 	SEQ0305B5	 	SUB	 	 	2.70324	%	 	 	1,289,000.00	 	 	 	2,903.73	 	 	 	0.00	 
	 	B-6
	 	SEQ0305B6	 	SUB	 	 	2.70324	%	 	 	3,439,209.40	 	 	 	7,747.49	 	 	 	0.00	 
	 	 
	 	 		 	 	 		 	 	 		 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	849,024,488.04	 	 	 	1,912,610.58	 	 	 	11,432,751.66	 
	 	 
	 	 		 	 	 		 	 	 		 	 	 	
	 	 	 	
	 	 	 	
	 




[Additional columns below]

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


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

	 	A-1
	 	 	0.00	 	 	 	655,914,133.70	 	 	 	10,647,950.04	 	 	 	0.00	 
	 	A-2
	 	 	0.00	 	 	 	147,293,393.28	 	 	 	1,768,142.33	 	 	 	0.00	 
	 	X-1A
	 	 	0.00	 	 	 	0.00	 	 	 	78,811.57	 	 	 	0.00	 
	 	X-1B
	 	 	0.00	 	 	 	0.00	 	 	 	625,882.05	 	 	 	0.00	 
	 	X-2
	 	 	0.00	 	 	 	0.00	 	 	 	147,119.09	 	 	 	0.00	 
	 	X-B
	 	 	0.00	 	 	 	0.00	 	 	 	12,325.67	 	 	 	0.00	 
	 	A-R
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	 	0.00	 	 	 	15,043,000.00	 	 	 	21,561.63	 	 	 	0.00	 
	 	B-2
	 	 	0.00	 	 	 	6,447,000.00	 	 	 	14,523.13	 	 	 	0.00	 
	 	B-3
	 	 	0.00	 	 	 	6,017,000.00	 	 	 	13,554.47	 	 	 	0.00	 
	 	B-4
	 	 	0.00	 	 	 	2,149,000.00	 	 	 	4,841.04	 	 	 	0.00	 
	 	B-5
	 	 	0.00	 	 	 	1,289,000.00	 	 	 	2,903.73	 	 	 	0.00	 
	 	B-6
	 	 	0.00	 	 	 	3,439,209.40	 	 	 	7,747.49	 	 	 	0.00	 
	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	0.00	 	 	 	837,591,736.38	 	 	 	13,345,362.24	 	 	 	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
	 	 	675,596,000.00	 	 	 	665,768,709.36	 	 	 	1,929.14	 	 	 	9,852,646.52	 	 	 	0.00	 	 	 	0.00	 
	 	A-2
	 	 	149,609,000.00	 	 	 	148,871,569.28	 	 	 	20.17	 	 	 	1,578,155.83	 	 	 	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
	 	 	15,043,000.00	 	 	 	15,043,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-2
	 	 	6,447,000.00	 	 	 	6,447,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-3
	 	 	6,017,000.00	 	 	 	6,017,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-4
	 	 	2,149,000.00	 	 	 	2,149,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-5
	 	 	1,289,000.00	 	 	 	1,289,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-6
	 	 	3,439,209.40	 	 	 	3,439,209.40	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	859,589,309.40	 	 	 	849,024,488.04	 	 	 	1,949.31	 	 	 	11,430,802.35	 	 	 	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
	 	 	9,854,575.66	 	 	 	655,914,133.70	 	 	 	0.97086740	 	 	 	9,854,575.66	 
	 	A-2
	 	 	1,578,176.00	 	 	 	147,293,393.28	 	 	 	0.98452228	 	 	 	1,578,176.00	 
	 	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	 	 	 	15,043,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-2
	 	 	0.00	 	 	 	6,447,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-3
	 	 	0.00	 	 	 	6,017,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-4
	 	 	0.00	 	 	 	2,149,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-5
	 	 	0.00	 	 	 	1,289,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-6
	 	 	0.00	 	 	 	3,439,209.40	 	 	 	1.00000000	 	 	 	0.00	 
	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	11,432,751.66	 	 	 	837,591,736.38	 	 	 	0.97440921	 	 	 	11,432,751.66	 
	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 







	(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
	 	 	675,596,000.00	 	 	 	985.45389458	 	 	 	0.00285546	 	 	 	14.58363655	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	A-2
	 	 	149,609,000.00	 	 	 	995.07094680	 	 	 	0.00013482	 	 	 	10.54853538	 	 	 	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
	 	 	15,043,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-2
	 	 	6,447,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-3
	 	 	6,017,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-4
	 	 	2,149,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-5
	 	 	1,289,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-6
	 	 	3,439,209.40	 	 	 	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
	 	 	14.58649202	 	 	 	970.86740256	 	 	 	0.97086740	 	 	 	14.58649202	 
	 	A-2
	 	 	10.54867020	 	 	 	984.52227660	 	 	 	0.98452228	 	 	 	10.54867020	 
	 	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






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	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
	 	 	675,596,000.00	 	 	 	1.43000	%	 	 	665,678,709.36	 	 	 	793,374.38	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	A-2
	 	 	149,609,000.00	 	 	 	1.53125	%	 	 	148,871,569.28	 	 	 	189,966.33	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	X-1A
	 	 	0.00	 	 	 	1.05475	%	 	 	89,664,819.00	 	 	 	78,811.57	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	X-1B
	 	 	0.00	 	 	 	1.30369	%	 	 	576,103,890.36	 	 	 	625,882.05	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	X-2
	 	 	0.00	 	 	 	1.18587	%	 	 	148,871,569.28	 	 	 	147,119.09	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	X-B
	 	 	0.00	 	 	 	0.98324	%	 	 	15,043,000.00	 	 	 	12.325.67	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	A-R
	 	 	100.00	 	 	 	2.70230	%	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	 	15,043,000.00	 	 	 	1.72000	%	 	 	15,043,000.00	 	 	 	21,561.63	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-2
	 	 	6,447,000.00	 	 	 	2.70324	%	 	 	6,447,000.00	 	 	 	14,523.13	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-3
	 	 	6,017,000.00	 	 	 	2.70324	%	 	 	6,017,000.00	 	 	 	13,554.47	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-4
	 	 	2,149,000.00	 	 	 	2.70324	%	 	 	2,149,000.00	 	 	 	4,841.04	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-5
	 	 	1,289,000.00	 	 	 	2.70324	%	 	 	1,289,000.00	 	 	 	2,903.73	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-6
	 	 	3,439,209.40	 	 	 	2.70324	%	 	 	3,439,209.40	 	 	 	7,747.49	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	 
	 	 	
	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	859,589,309.40	 	 	 	 	 	 	 	 	 	 	 	1,912,610.58	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	 
	 	 	
	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 




[Additional columns below]

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


	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	Remaining	 	Ending
	 	 	 	 	 	 	 	Unpaid	 	Certificate/
	 	 	 	Total Interest	 	Interest	 	Notational
	Class	 	Distribution	 	Shortfall	 	Balance
	
	 	
	 	
	 	

	 	A-1
	 	 	793,374.38	 	 	 	0.00	 	 	 	655,914,133.70	 
	 	A-2
	 	 	189,966.33	 	 	 	0.00	 	 	 	147,293,393.28	 
	 	X-1A
	 	 	78,811.57	 	 	 	0.00	 	 	 	88,773,182.01	 
	 	X-1B
	 	 	625,882.05	 	 	 	0.00	 	 	 	567,140,951.69	 
	 	X-2
	 	 	147,119.09	 	 	 	0.00	 	 	 	147,293,393.28	 
	 	X-B
	 	 	12.325.67	 	 	 	0.00	 	 	 	15,043,000.00	 
	 	A-R
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	 	21,561.63	 	 	 	0.00	 	 	 	15,043,000.00	 
	 	B-2
	 	 	14,523.13	 	 	 	0.00	 	 	 	6,447,000.00	 
	 	B-3
	 	 	13,554.47	 	 	 	0.00	 	 	 	6,017,000.00	 
	 	B-4
	 	 	4,841.04	 	 	 	0.00	 	 	 	2,149,000.00	 
	 	B-5
	 	 	2,903.73	 	 	 	0.00	 	 	 	1,289,000.00	 
	 	B-6
	 	 	7,747.49	 	 	 	0.00	 	 	 	3,439,209.40	 
	 	 
	 	 	
	 	 	 	
	 	 	 	 	 
	Totals
	 	 	1,912,610.58	 	 	 	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	 	 	 	 
	 	 	 	Original Face	 	Certificate	 	Certificate/	 	Current Accrued	 	Interest	 	Interest	 	Interest	 	Realized
	Class (5)	 	Amount	 	Rate	 	Notional Balance	 	Interest	 	Shortfall	 	Shortfall	 	Shortfall	 	Loss (6)
	
	 	
	 	
	 	
	 	
	 	
	 	
	 	
	 	

	 	A-1
	 	 	675,596,000.00	 	 	 	1.43000	%	 	 	985.45389458	 	 	 	1.17433256	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	A-2
	 	 	149,609,000.00	 	 	 	1.53125	%	 	 	995.07094680	 	 	 	1.26975202	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	X-1A
	 	 	0.00	 	 	 	1.05475	%	 	 	997.30522435	 	 	 	0.87658896	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	X-1B
	 	 	0.00	 	 	 	1.30369	%	 	 	983.63463751	 	 	 	1.06862542	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	X-2
	 	 	0.00	 	 	 	1.18587	%	 	 	995.07094680	 	 	 	0.98335722	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	X-B
	 	 	0.00	 	 	 	0.98324	%	 	 	1000.00000000	 	 	 	0.81936249	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	A-R
	 	 	100.00	 	 	 	2.70230	%	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-1
	 	 	15,043,000.00	 	 	 	1.72000	%	 	 	1000.00000000	 	 	 	1.43333311	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-2
	 	 	6,447,000.00	 	 	 	2.70324	%	 	 	1000.00000000	 	 	 	2.25269583	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-3
	 	 	6,017,000.00	 	 	 	2.70324	%	 	 	1000.00000000	 	 	 	2.25269570	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-4
	 	 	2,149,000.00	 	 	 	2.70324	%	 	 	1000.00000000	 	 	 	2.25269428	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-5
	 	 	1,289,000.00	 	 	 	2.70324	%	 	 	1000.00000000	 	 	 	2.25269977	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-6
	 	 	3,439,209.40	 	 	 	2.70324	%	 	 	1000.00000000	 	 	 	2.25269505	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
																																		




[Additional columns below]

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


	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	Remaining	 	 	 	 
	 	 	 	 	 	 	 	Unpaid	 	 	 	 
	 	 	 	Total Interest	 	Interest	 	Ending Certificate/
	Class (5)	 	Distribution	 	Shortfall	 	Notational Balance
	
	 	
	 	
	 	

	 	A-1
	 	 	1.17433256	 	 	 	0.00000000	 	 	 	970.86740256	 
	 	A-2
	 	 	1.26975202	 	 	 	0.00000000	 	 	 	984.52227660	 
	 	X-1A
	 	 	0.87658896	 	 	 	0.00000000	 	 	 	987.38790964	 
	 	X-1B
	 	 	1.06862542	 	 	 	0.00000000	 	 	 	968.33139607	 
	 	X-2
	 	 	0.98335722	 	 	 	0.00000000	 	 	 	984.52227660	 
	 	X-B
	 	 	0.81936249	 	 	 	0.00000000	 	 	 	1000.00000000	 
	 	A-R
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	 	B-1
	 	 	1.43333311	 	 	 	0.00000000	 	 	 	1000.00000000	 
	 	B-2
	 	 	2.25269583	 	 	 	0.00000000	 	 	 	1000.00000000	 
	 	B-3
	 	 	2.25269570	 	 	 	0.00000000	 	 	 	1000.00000000	 
	 	B-4
	 	 	2.25269428	 	 	 	0.00000000	 	 	 	1000.00000000	 
	 	B-5
	 	 	2.25269977	 	 	 	0.00000000	 	 	 	1000.00000000	 
	 	B-6
	 	 	2.25269505	 	 	 	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
	 	 	13,613,140.93	 
	 	Liquidations, Insurance Proceeds, Reserve Funds
	 	 	0.00	 
	 	Proceeds from Repurchased Loans
	 	 	0.00	 
	 	Other Amounts (Servicer Advances)
	 	 	16,628.09	 
	 	Realized Losses (Gains, Subsequent Expenses & Recoveries)
	 	 	0.00	 
	 	Prepayment Penalties
	 	 	0.00	 
	 
	 	 	
	 
	Total Deposits
	 	 	13,629,769.02	 
	Withdrawals
	 	 	 	 
	 	Reimbursement for Servicer Advances
	 	 	13,622.28	 
	 	Payment of Service Fee
	 	 	270,784.49	 
	 	Payment of Interest and Principal
	 	 	13,345,362.25	 
	 
	 	 	
	 
	Total Withdrawals (Pool Distribution Amount)
	 	 	13,629,769.02	 
	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
	 	 	265,478.10	 
	Master Servicing Fee
	 	 	5,306.39	 
	Supported Prepayment/Curtailment Interest Shortfall
	 	 	0.00	 
	 
	 	 	
	 
	Net Servicing Fee
	 	 	270,784.49	 
	 
	 	 	
	 



 






 



Other Accounts




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Beginning	 	Current	 	Current	 	Ending
	Account Type	 	Balance	 	Withdrawals	 	Deposits	 	Balance
	
	 	
	 	
	 	
	 	

	Class X-1 Reserve Fund
	 	 	5,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	5,000.00	 
	Class X-2 Reserve Fund
	 	 	2,500.00	 	 	 	0.00	 	 	 	0.00	 	 	 	2,500.00	 
	Class X-B Reserve Fund
	 	 	2,500.00	 	 	 	0.00	 	 	 	0.00	 	 	 	2,500.00	 



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
	 	 	20	 	 	 	6,252,098.64	 	 	30 Days	 	 	0	 	 	 	0.00	 	 	30 Days	 	 	0	 	 	 	0.00	 
	60 Days
	 	 	2	 	 	 	1,140,000.00	 	 	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	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	22	 	 	 	7,392,098.64	 	 	 	 	 	 	 	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
	 	 	0.886918	%	 	 	0.746434	%	 	30 Days	 	 	0.000000	%	 	 	0.000000	%	 	30 Days	 	 	0.000000	%	 	 	0.000000	%
	60 Days
	 	 	0.088692	%	 	 	0.136104	%	 	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	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0.975610	%	 	 	0.882537	%	 	 	 	 	 	 	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	 	 	20	 	 	 	6,252,098.64	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	2	 	 	 	1,140,000.00	 
	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	 	 	 	 	 	 	 	22	 	 	 	7,392,098.64	 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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	 	 	0.886918	%	 	 	0.746434	%
	60 Days
	 	 	0.000000	%	 	 	0.000000	%	 	60 Days	 	 	0.088692	%	 	 	0.136104	%
	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	%	 	 	 	 	 	 	0.975610	%	 	 	0.882537	%




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Current Period Class A Insufficient Funds	 	 	
0.00	 	 	Principal Balance of Contaminated Properties
	 	 	0.00	 	 	Periodic Advance
	 	 	16,628.09	 



 






 



Subordination Level/Credit Enhancement/Class Percentage and Prepayment Percentage




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

	Class A
	 	 	34,384,209.40	 	 	 	4.00007411	%	 	 	34,384,209.40	 	 	 	4.10512758	%	 	 	95.894872	%	 	 	0.000000	%
	Class X-2
	 	 	34,384,209.40	 	 	 	4.00007411	%	 	 	34,384,209.40	 	 	 	4.10512758	%	 	 	0.000000	%	 	 	0.000000	%
	Class B-1
	 	 	19,341,209.40	 	 	 	2.25005234	%	 	 	19,341,209.40	 	 	 	2.30914520	%	 	 	1.795982	%	 	 	43.749734	%
	Class B-2
	 	 	12,894,209.40	 	 	 	1.50004302	%	 	 	12,894,209.40	 	 	 	1.53943847	%	 	 	0.769707	%	 	 	18.749886	%
	Class B-3
	 	 	6,877,209.40	 	 	 	0.80005758	%	 	 	6,877,209.40	 	 	 	0.82106939	%	 	 	0.718369	%	 	 	17.499312	%
	Class B-4
	 	 	4,728,209.40	 	 	 	0.55005447	%	 	 	4,728,209.40	 	 	 	0.56450048	%	 	 	0.256569	%	 	 	6.249962	%
	Class B-5
	 	 	3,439,209.40	 	 	 	0.40009914	%	 	 	3,439,209.40	 	 	 	0.41060689	%	 	 	0.153894	%	 	 	3.748814	%
	Class B-6
	 	 	0.00	 	 	 	0.00000000	%	 	 	0.00	 	 	 	0.00000000	%	 	 	0.410607	%	 	 	10.002293	%



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


Delinquency Status By Group




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	BANKRUPTCY	 	FORECLOSURE
	
	 	
	 	

	One-Month LIBOR – Group 1	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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
	 	 	1	 	 	 	149,000.00	 	 	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	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	1	 	 	 	149,000.00	 	 	 	 	 	 	 	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
	 	 	0.500000	%	 	 	0.160937	%	 	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	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0.500000	%	 	 	0.160937	%	 	 	 	 	 	 	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	 	 	1	 	 	 	149,000.00	 
	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	 	 	 	 	 	 	 	1	 	 	 	149,000.00	 






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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	 	 	0.500000	%	 	 	0.160937	%
	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	%	 	 	 	 	 	 	0.500000	%	 	 	0.160937	%



 






 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	BANKRUPTCY	 	FORECLOSURE
	
	 	
	 	

	Six-Month LIBOR – Group 1	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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
	 	 	17	 	 	 	5,336,446.66	 	 	30 Days	 	 	0	 	 	 	0.00	 	 	30 Days	 	 	0	 	 	 	0.00	 
	60 Days
	 	 	2	 	 	 	1,140,000.00	 	 	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	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	19	 	 	 	6,476,446.66	 	 	 	 	 	 	 	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
	 	 	1.027190	%	 	 	0.902212	%	 	30 Days	 	 	0.000000	%	 	 	0.000000	%	 	30 Days	 	 	0.000000	%	 	 	0.000000	%
	60 Days
	 	 	0.120846	%	 	 	0.192735	%	 	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	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	1.148036	%	 	 	1.094947	%	 	 	 	 	 	 	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	 	 	17	 	 	 	5,336,446.66	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	2	 	 	 	1,140,000.00	 
	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	 	 	 	 	 	 	 	19	 	 	 	6,476,446.66	 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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	 	 	1.027190	%	 	 	0.902212	%
	60 Days
	 	 	0.000000	%	 	 	0.000000	%	 	60 Days	 	 	0.120846	%	 	 	0.192735	%
	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	%	 	 	 	 	 	 	1.148036	%	 	 	1.094947	%




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	BANKRUPTCY	 	FORECLOSURE
	
	 	
	 	

	Six-Month LIBOR – Group 2	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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
	 	 	2	 	 	 	766,651.98	 	 	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	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	2	 	 	 	766,651.98	 	 	 	 	 	 	 	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
	 	 	0.500000	%	 	 	0.499356	%	 	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	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0.500000	%	 	 	0.499356	%	 	 	 	 	 	 	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	 	 	2	 	 	 	766,651.98	 
	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	 	 	 	 	 	 	 	2	 	 	 	766,651.98	 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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	 	 	0.500000	%	 	 	0.499356	%
	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	%	 	 	 	 	 	 	0.500000	%	 	 	0.499356	%




 








 



Collateral Statement




	 	 	 	 	 
	Collateral Description	 	Mixed Arm
	Weighted Average Gross Coupon
	 	 	3.085982	%
	Weighted Average Net Coupon
	 	 	2.710759	%
	Weighted Average Pass-Through Rate
	 	 	2.703259	%
	Weighted Average Maturity (Stepdown Calculation)
	 	 	334	 
	Beginning Scheduled Collateral Loan Count
	 	 	2,275	 
	Number of Loans Paid in Full
	 	 	20	 
	Ending Scheduled Collateral Loan Count
	 	 	2,255	 
	Beginning Scheduled Collateral Balance
	 	 	849,024,488.04	 
	Ending Scheduled Collateral Balance
	 	 	837,591,736.38	 
	Ending Actual Collateral Balance at 31-Oct-2003
	 	 	837,596,015.07	 
	Monthly P&I Constant
	 	 	2,185,344.40	 
	Special Servicing Fee
	 	 	0.00	 
	Prepayment Penalties
	 	 	0.00	 
	Realized Loss Amount
	 	 	0.00	 
	Cumulative Realized Loss
	 	 	0.00	 
	Class A Optimal Amount
	 	 	13,267,905.07	 
	Ending Scheduled Balance for Premium Loans
	 	 	837,591,736.38	 
	Scheduled Principal
	 	 	1,949.31	 
	Unscheduled Principal
	 	 	11,430,802.35	 



 






 




	 	 	 	 	 
	Miscellaneous Reporting	 	 	 	 
	Pro Rata Senior Percent – Group 1
	 	 	95.943384	%
	Pro Rata Senior Percent – Group 2
	 	 	95.980425	%
	Senior Percent – Group 1
	 	 	100.000000	%
	Senior Percent – Group 2
	 	 	100.000000	%
	Senior Prepayment Percent – Group 1
	 	 	100.000000	%
	Senior Prepayment Percent – Group 2
	 	 	100.000000	%
	Subordinate Percent – Group 1
	 	 	0.000000	%
	Subordinate Percent – Group 2
	 	 	0.000000	%
	Subordinate Prepayment Percent – Group 1
	 	 	0.000000	%
	Subordinate Prepayment Percent – Group 2
	 	 	0.000000	%
	Principal Transfer Amount – Group 1
	 	 	0.00	 
	Principal Transfer Amount – Group 2
	 	 	0.00	 
	Interest Transfer Amount – Group 1
	 	 	0.00	 
	Interest Transfer Amount – Group 2
	 	 	0.00	 



 






 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Group	 	1 Mo. Libor – Gr 1	 	6 Mo Libor – Gr 1	 	6 Mo Libor – Gr 2	 	Total
	Collateral Description	 	1 Month LIBOR ARM	 	6 Month LIBOR ARM	 	6 MonthLIBOR ARM	 	Mixed ARM
	Weighted Average Coupon Rate
	 	 	2.867249	 	 	 	3.116463	 	 	 	3.099773	 	 	 	3.085982	 
	Weighted Average Net Rate
	 	 	2.492249	 	 	 	2.741186	 	 	 	2.724624	 	 	 	2.710759	 
	Pass-Through Rate
	 	 	2.484749	 	 	 	2.733686	 	 	 	2.717124	 	 	 	2.703259	 
	Weighted Average Maturity
	 	 	319	 	 	 	337	 	 	 	334	 	 	 	334	 
	Record Date
	 	 	10/31/2003	 	 	 	10/31/2003	 	 	 	10/31/2003	 	 	 	10/31/2003	 
	Principal and Interest Constant
	 	 	223,301.28	 	 	 	1,561,361.33	 	 	 	400,681.79	 	 	 	2,185,344.40	 
	Beginning Loan Count
	 	 	202	 	 	 	1,669	 	 	 	404	 	 	 	2,275	 
	Loans Paid in Full
	 	 	2	 	 	 	14	 	 	 	4	 	 	 	20	 
	Ending Loan Count
	 	 	200	 	 	 	1,655	 	 	 	400	 	 	 	2,255	 
	Beginning Scheduled Balance
	 	 	93,455,968.68	 	 	 	600,462,341.17	 	 	 	155,106,178.19	 	 	 	849,024,488.04	 
	Ending Scheduled Balance
	 	 	92,583,024.60	 	 	 	591,480,709.59	 	 	 	153,528,002.19	 	 	 	837,591,736.38	 
	Scheduled Principal
	 	 	0.00	 	 	 	1,929.14	 	 	 	20.17	 	 	 	1,949.31	 
	Unscheduled Principal
	 	 	872,944.08	 	 	 	8,979,702.44	 	 	 	1,578,155.83	 	 	 	11,430,802.35	 
	Scheduled Interest
	 	 	223,301.28	 	 	 	1,559,432.19	 	 	 	400,661.62	 	 	 	2,183,395.09	 
	Servicing Fee
	 	 	29,204.99	 	 	 	187,783.16	 	 	 	48,489.95	 	 	 	265,478.10	 
	Master Servicing Fee
	 	 	584.10	 	 	 	3,752.88	 	 	 	969.41	 	 	 	5,306.39	 
	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
	 	 	193,512.19	 	 	 	1,367,896.15	 	 	 	351,202.26	 	 	 	1,912,610.60	 
	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