Document:

<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 2004-5
                         RECORD DATE: NOVEMBER 30, 2004
                      DISTRIBUTION DATE: DECEMBER 20, 2004

                     CERTIFICATEHOLDER DISTRIBUTION SUMMARY

<TABLE>
<CAPTION>
                 Certificate                     Beginning
                    Class    Certificate Pass-  Certificate     Interest
Class    CUSIP   Description   Through Rate       Balance     Distribution
------ --------- ----------- ----------------- -------------- ------------
<S>    <C>       <C>         <C>               <C>            <C>
 A-1   81744FBS5     SEN        3.56492%       496,097,792.61 1,473,791.40
 A-2   81744FBT3     SEN        2.40000%       173,564,015.73   347,128.02
 A-3   81744FCF2     SEN        2.82000%        70,035,569.41   164,583.58
 X-1   81744FBU0      IO        0.80000%                 0.00   138,715.96
 X-2   81744FBV8      IO        0.21205%                 0.00    43,046.83
 X-B   81744FBX4      IO        0.75178%                 0.00    14,642.78
 B-1   81744FBZ9     SUB        2.62000%        14,874,000.00    32,474.90
 B-2   81744FCA3     SUB        3.02000%         8,499,000.00    21,389.15
 B-3   81744FCB1     SUB        3.51723%         4,674,000.00    13,699.61
 B-4   81744FCC9     SUB        3.51723%         2,124,000.00     6,225.50
 B-5   81744FCD7     SUB        3.51723%         2,124,000.00     6,225.50
 B-6   81744FCE5     SUB        3.51723%         3,830,447.31    11,227.13
 A-R   81744FBY2     RES        3.08335%                 0.00         0.00
                                               -------------- ------------
Totals                                         775,822,825.06 2,273,150.36
                                               ============== ============

<CAPTION>
        Principal       Current    Ending Certificate     Total      Cumulative
Class  Distribution  Realized Loss      Balance       Distribution  Realized Loss
------ ------------- ------------- ------------------ ------------- -------------
<S>    <C>           <C>           <C>                <C>           <C>
 A-1   18,648,731.01      0.00       477,449,061.60   20,122,522.41     0.00
 A-2    6,891,894.76      0.00       166,672,120.97    7,239,022.78     0.00
 A-3    2,780,978.37      0.00        67,254,591.04    2,945,561.95     0.00
 X-1            0.00      0.00                 0.00      138,715.96     0.00
 X-2            0.00      0.00                 0.00       43,046.83     0.00
 X-B            0.00      0.00                 0.00       14,642.78     0.00
 B-1            0.00      0.00        14,874,000.00       32,474.90     0.00
 B-2            0.00      0.00         8,499,000.00       21,389.15     0.00
 B-3            0.00      0.00         4,674,000.00       13,699.61     0.00
 B-4            0.00      0.00         2,124,000.00        6,225.50     0.00
 B-5            0.00      0.00         2,124,000.00        6,225.50     0.00
 B-6            0.00      0.00         3,830,447.31       11,227.13     0.00
 A-R            0.00      0.00                 0.00            0.00     0.00
       -------------      ----       --------------   -------------     ----
Totals 28,321,604.14      0.00       747,501,220.92   30,594,754.50     0.00
       =============      ====       ==============   =============     ====
</TABLE>

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

<PAGE>

                        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-1   553,000,000.00 494,097,792.61  22,622.68   18,626,108.33    0.00     0.00
 A-2   185,867,000.00 173,564,015.73   2,659.00    6,889,235.76    0.00     0.00
 A-3    75,000,000.00  70,035,569.41   1,072.94    2,779,905.43    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    14,874,000.00  14,874,000.00       0.00            0.00    0.00     0.00
 B-2     8,499,000.00   8,499,000.00       0.00            0.00    0.00     0.00
 B-3     4,674,000.00   4,674,000.00       0.00            0.00    0.00     0.00
 B-4     2,124,000.00   2,124,000.00       0.00            0.00    0.00     0.00
 B-5     2,124,000.00   2,124,000.00       0.00            0.00    0.00     0.00
 B-6     3,830,447.31   3,830,447.31       0.00            0.00    0.00     0.00
 A-R           100.00           0.00       0.00            0.00    0.00     0.00
       -------------- --------------  ---------   -------------    ----     ----
Totals 849,992,547.31 775,822,825.06  26,354.62   28,295,249.52    0.00     0.00
       ============== ==============  =========   =============    ====     ====

<CAPTION>
       Total Principal Ending Certificate Ending Certificate Total Principal
Class     Reduction         Balance            Percentage      Distribution
------ --------------- ------------------ ------------------ ---------------
<S>    <C>             <C>                <C>                <C>
 A-1    18,648,731.01    477,449,061.60       0.86337986     18,648,731.01
 A-2     6,891,894.76    166,672,120.97       0.89672788      6,891,894.76
 A-3     2,780,978.37     67,254,591.04       0.89672788      2,780,978.37
 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     14,874,000.00       1.00000000              0.00
 B-2             0.00      8,499,000.00       1.00000000              0.00
 B-3             0.00      4,674,000.00       1.00000000              0.00
 B-4             0.00      2,124,000.00       1.00000000              0.00
 B-5             0.00      2,124,000.00       1.00000000              0.00
 B-6             0.00      3,830,447.31       1.00000000              0.00
 A-R             0.00              0.00       0.00000000              0.00
        -------------    --------------       ----------     -------------
Totals  28,321,604.14    747,501,220.92       0.87942091     28,321,604.14
        =============    ==============       ==========     =============
</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.

                    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-1    553,000,000.00   897.10269911   0.04090901  33.68193188  0.00000000 0.00000000
A-2    185,867,000.00   933.80759215   0.01430593  37.06540569  0.00000000 0.00000000
A-3     75,000,000.00   933.80759213   0.01430587  37.06540573  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     14,874,000.00  1000.00000000   0.00000000   0.00000000  0.00000000 0.00000000
B-2      8,499,000.00  1000.00000000   0.00000000   0.00000000  0.00000000 0.00000000
B-3      4,674,000.00  1000.00000000   0.00000000   0.00000000  0.00000000 0.00000000
B-4      2,124,000.00  1000.00000000   0.00000000   0.00000000  0.00000000 0.00000000
B-5      2,124,000.00  1000.00000000   0.00000000   0.00000000  0.00000000 0.00000000
B-6      3,830,447.31  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 Principal Ending Certificate Ending Certificate Total Principal
Class    Reduction         Balance            Percentage      Distribution
------ --------------- ------------------ ------------------ ---------------
<S>    <C>             <C>                <C>                <C>
A-1      33.72284089       863.37985823       0.86337986       33.72280489
A-2      37.07971162       896.72788053       0.89672788       37.07971162
A-3      37.07971160       896.72788053       0.89672788       37.07971160
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.
<PAGE>

                         INTEREST DISTRIBUTION STATEMENT

<TABLE>
<CAPTION>
                                                   Beginning                        Payment of                      Non-
                                    Current       Certificate/       Current          Unpaid       Current       Supported
               Original Face      Certificate       Notional         Accrued         Interest      Interest      Interest
Class             Amount              Rate           Balance        Interest         Shortfall    Shortfall      Shortfall
------        --------------      -----------    --------------   ------------      ----------    ---------      ---------
<S>           <C>                 <C>            <C>              <C>               <C>           <C>            <C>
  A-1         553,000,000.00          3.56492%   496,097,792.61   1,473,791.42            0.00         0.00           0.00
  A-2         185,867,000.00          2.40000%   173,564,015.73     347,128.03            0.00         0.00           0.00
  A-3          75,000,000.00          2.82000%    70,035,569.41     164,583.59            0.00         0.00           0.00
  X-1                   0.00          0.80000%   208,073,936.97     138,715.96            0.00         0.00           0.00
  X-2                   0.00          0.21205%   243,599,585.14      43,046.83            0.00         0.00           0.00
  X-B                   0.00          0.75178%    23,373,000.00      14,642.78            0.00         0.00           0.00
  B-1          14,874,000.00          2.62000%    14,874,000.00      32,474.90            0.00         0.00           0.00
  B-2           8,499,000.00          3.02000%     8,499,000.00      21,389.15            0.00         0.00           0.00
  B-3           4,674,000.00          3.51723%     4,674,000.00      13,699.61            0.00         0.00           0.00
  B-4           2,124,000.00          3.51723%     2,124,000.00       6,225.50            0.00         0.00           0.00
  B-5           2,124,000.00          3.51723%     2,124,000.00       6,225.50            0.00         0.00           0.00
  B-6           3,830,447.31          3.51723%     3,830,447.31      11,227.13            0.00         0.00           0.00
  A-R                 100.00          3.08335%             0.00           0.00            0.00         0.00           0.00
              --------------                                      ------------      ----------    ---------      ---------
Totals        849,992,547.31                                      2,273,150.40            0.00         0.00           0.00
              --------------                                      ------------      ----------    ---------      ---------

<CAPTION>
                                               Remaining          Ending
                                                Unpaid         Certificate/
               Realized    Total Interest      Interest         Notational
Class          Loss (4)     Distribution      Shortfall           Balance
------         --------    --------------    ------------     --------------
<S>            <C>         <C>               <C>              <C>
  A-1              0.00      1,473,791.40            0.00     477,449,061.60
  A-2              0.00        347,128.02            0.00     166,672,120.97
  A-3              0.00        164,583.58            0.00      67,254,591.04
  X-1              0.00        138,715.96            0.00     200,328,541.08
  X-2              0.00         43,046.83            0.00     233,926,712.01
  X-B              0.00         14,642.78            0.00      23,373,000.00
  B-1              0.00         32,474.90            0.00      14,874,000.00
  B-2              0.00         21,389.15            0.00       8,499,000.00
  B-3              0.00         13,699.61            0.00       4,674,000.00
  B-4              0.00          6,225.50            0.00       2,124,000.00
  B-5              0.00          6,225.50            0.00       2,124,000.00
  B-6              0.00         11,227.13            0.00       3,830,447.31
  A-R              0.00              0.00            0.00               0.00
               --------    --------------    ------------
Totals             0.00      2,273,150.36            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-1       553,000,000.00    3.56492%      897.10269911        2.66508394     0.00000000   0.00000000    0.00000000     0.00000000
 A-2       185,867,000.00    2.40000%      933.80759215        1.86761518     0.00000000   0.00000000    0.00000000     0.00000000
 A-3        75,000,000.00    2.82000%      933.80759213        2.19444787     0.00000000   0.00000000    0.00000000     0.00000000
 X-1                 0.00    0.80000%      797.62460169        0.53174974     0.00000000   0.00000000    0.00000000     0.00000000
 X-2                 0.00    0.21205%      933.80759214        0.16501447     0.00000000   0.00000000    0.00000000     0.00000000
 X-B                 0.00    0.75178%     1000.00000000        0.62648269     0.00000000   0.00000000    0.00000000     0.00000000
 B-1        14,874,000.00    2.62000%     1000.00000000        2.18333333     0.00000000   0.00000000    0.00000000     0.00000000
 B-2         8,499,000.00    3.02000%     1000.00000000        2.51666667     0.00000000   0.00000000    0.00000000     0.00000000
 B-3         4,674,000.00    3.51723%     1000.00000000        2.93102482     0.00000000   0.00000000    0.00000000     0.00000000
 B-4         2,124,000.00    3.51723%     1000.00000000        2.93102637     0.00000000   0.00000000    0.00000000     0.00000000
 B-5         2,124,000.00    3.51723%     1000.00000000        2.93102637     0.00000000   0.00000000    0.00000000     0.00000000
 B-6         3,830,447.31    3.51723%     1000.00000000        2.93102322     0.00000000   0.00000000    0.00000000     0.00000000
 A-R               100.00    3.08335%        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           2.66508391    0.00000000         863.37985823
 A-2           1.86761512    0.00000000         896.72788053
 A-3           2.19444773    0.00000000         896.72788053
 X-1           0.53174974    0.00000000         767.93362549
 X-2           0.16501447    0.00000000         896.72788053
 X-B           0.62648269    0.00000000        1000.00000000
 B-1           2.18333333    0.00000000        1000.00000000
 B-2           2.51666667    0.00000000        1000.00000000
 B-3           2.93102482    0.00000000        1000.00000000
 B-4           2.93102637    0.00000000        1000.00000000
 B-5           2.93102637    0.00000000        1000.00000000
 B-6           2.93102322    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

<TABLE>
<CAPTION>
                               CERTIFICATE ACCOUNT
<S>                                                                          <C>
Beginning Balance                                                                     0.00

Deposits
         Payments of Interest and Principal                                  30,825,580.92
         Liquidations, Insurance Proceeds, Reserve Funds                              0.00
         Proceeds from Repurchased Loans                                              0.00
         Other Amounts (Servicer Advances)                                       37,329.10
         Realized Losses (Gains, Subsequent Expenses & Recoveries)                    0.00
         Prepayment Penalties                                                         0.00
                                                                             -------------
Total Deposits                                                               30,862,910.02

Withdrawals
         Reimbursement for Servicer Advances                                     19,622.82
         Payment of Service Fee                                                 248,532.70
         Payment of Interest and Principal                                   30,594,754.50
                                                                             -------------
Total Withdrawals (Pool Distribution Amount)                                 30,862,910.02

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       0.00
                                                              ====
</TABLE>

                                 SERVICING FEES

<TABLE>
<S>                                                           <C>
Gross Servicing Fee                                           242,646.01
LPMI                                                            1,037.81
Master Servicing Fee                                            4,848.88
Supported Prepayment/Curtailment Interest Shortfall                 0.00
                                                              ----------
Net Servicing Fee                                             248,532.70
                                                              ==========
</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

<TABLE>
<CAPTION>
             DELINQUENT                              BANKRUPTCY                        FORECLOSURE
---------------------------------------  --------------------------------   ---------------------------------
                No. of      Principal                 No. of    Principal                 No. of    Principal
                 Loans       Balance                  Loans      Balance                  Loans      Balance
<S>             <C>       <C>            <C>          <C>       <C>         <C>           <C>       <C>
0-29 Days          0               0.00  0-29 Days      0         0.00      0-29 Days       0           0.00
30 Days           33      11,481,487.74  30 Days        0         0.00      30 Days         0           0.00
60 Days            1         133,459.32  60 Days        0         0.00      60 Days         0           0.00
90 Days            1         243,699.99  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
                ----      -------------               ---       ------                    ---       --------
                  35      11,858,647.05                 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        1.478495%    1.535978%   30 Days    0.000000%   0.000000%   30 Days     0.000000%   0.000000%
60 Days        0.044803%    0.017854%   60 Days    0.000000%   0.000000%   60 Days     0.000000%   0.000000%
90 Days        0.044803%    0.032602%   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%
               --------     --------               --------    --------                --------    --------
               1.568100%    1.586433%              0.000000%   0.000000%               0.000000%   0.000000%
</TABLE>

<TABLE>
<CAPTION>
                 REO                                    TOTAL
---------------------------------------    -------------------------------------
                   No. of     Principal                 No. of      Principal
                    Loans      Balance                  Loans        Balance
<S>                <C>        <C>          <C>          <C>        <C>
0-29 Days             0           0.00     0-29 Days       0                0.00
30 Days               0           0.00     30 Days        33       11,481,487.74
60 Days               0           0.00     60 Days         1          133,459.32
90 Days               0           0.00     90 Days         1          243,699.99
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                    35       11,858,647.05

                 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     1.478495%      1.535978%
60 Days         0.000000%    0.000000%   60 Days     0.044803%      0.017854%
90 Days         0.000000%    0.000000%   90 Days     0.044803%      0.032602%
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%               1.568100%      1.586433%
</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  37,329.10
</TABLE>

<TABLE>
<CAPTION>
               Original $         Original %      Current $        Current %     Current Class %      Prepayment %
               ----------         ----------      ---------        ---------     ---------------      ------------
<S>           <C>                <C>            <C>              <C>             <C>                  <C>
Class A       36,125,447.31      4.25008989%    36,125,447.31    4.83282787%        95.167172%          0.000000%
Class X-1     36,125,447.31      4.25008989%    36,125,447.31    4.83282787%         0.000000%          0.000000%
Class X-2     36,125,447.31      4.25008989%    36,125,447.31    4.83282787%         0.000000%          0.000000%
Class B-1     21,251,447.31      2.50019219%    21,251,447.31    2.84299834%         1.989830%         41.173193%
Class B-2     12,752,447.31      1.50030107%    12,752,447.31    1.70601023%         1.136988%         23.526352%
Class B-3      8,078,447.31      0.95041390%     8,078,447.31    1.08072697%         0.625283%         12.938248%
Class B-4      5,954,447.31      0.70052936%     5,954,447.31    0.79658028%         0.284147%          5.879512%
Class B-5      3,830,447.31      0.45064481%     3,830,447.31    0.51243359%         0.284147%          5.879512%
Class B-6              0.00      0.00000000%             0.00    0.00000000%         0.512434%         10.603183%
</TABLE>

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

                           DELINQUENCY STATUS BY GROUP

<TABLE>
<CAPTION>
                DELINQUENT                                 BANKRUPTCY                            FORECLOSURE
                ----------                                 ----------                            -----------
GROUP ONE
                 No. of         Principal                   No. of      Principal                     No. of     Principal
                 Loans           Balance                    Loans        Balance                       Loans      Balance
<S>              <C>         <C>               <C>          <C>         <C>          <C>              <C>        <C>
0-29 Days           0                0.00      0-29 Days      0           0.00       0-29 Days           0          0.00
30 Days            23        7,802,182.57      30 Days        0           0.00       30 Days             0          0.00
60 Days             1          133,459.32      60 Days        0           0.00       60 Days             0          0.00
90 Days             1          243,699.99      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
                 ----        ------------                   ---           ----                         ---          ----
                   25        8,179,341.88                     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        1.481959%       1.554230%       30 Days     0.000000%     0.000000%    30 Days         0.000000%    0.000000%
60 Days        0.064433%       0.026586%       60 Days     0.000000%     0.000000%    60 Days         0.000000%    0.000000%
90 Days        0.064433%       0.048546%       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%
               --------        --------                    --------      --------                     --------     --------
               1.610825%       1.629362%                   0.000000%     0.000000%                    0.000000%    0.000000%
</TABLE>

<TABLE>
<CAPTION>
                REO                                     TOTAL
                ---                                     -----
              No. of      Principal                   No. of        Principal
               Loans       Balance                    Loans          Balance
<S>           <C>         <C>           <C>           <C>         <C>
0-29 Days        0           0.00       0-29 Days        0                0.00
30 Days          0           0.00       30 Days         23        7,802,182.57
60 Days          0           0.00       60 Days          1          133,459.32
90 Days          0           0.00       90 Days          1          243,699.99
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                       25        8,179,341.88

              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       1.481959%     1.554230%
60 Days      0.000000%   0.000000%      60 Days       0.064433%     0.026586%
90 Days      0.000000%   0.000000%      90 Days       0.064433%     0.048546%
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%                    1.610825%     1.629362%
</TABLE>

<TABLE>
<CAPTION>
               DELINQUENT                               BANKRUPTCY                              FORECLOSURE
               ----------                               ----------                              -----------
GROUP TWO                                               1.183654%
                No. of      Principal                    No. of    Principal                      No. of     Principal
                 Loans       Balance                     Loans      Balance                       Loans       Balance
<S>             <C>        <C>              <C>          <C>       <C>              <C>           <C>        <C>
0-29 Days          0               0.00     0-29 Days      0          0.00          0-29 Days       0          0.00
30 Days           10       3,679,305.17     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
                 ---       ------------                  ---          ----                        ---          ----
                  10       3,679,305.17                    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        1.470588%    1.498656%       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%
               --------     --------                   --------     --------                    --------    --------
               1.470588%    1.498656%                  0.000000%    0.000000%                   0.000000%   0.000000%
</TABLE>

<TABLE>
<CAPTION>
                REO                                     TOTAL
                ---                                     -----

              No. of      Principal                   No. of      Principal
               Loans       Balance                    Loans        Balance
<S>           <C>         <C>           <C>           <C>        <C>
0-29 Days        0           0.00       0-29 Days        0               0.00
30 Days          0           0.00       30 Days         10       3,679,305.17
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                       10       3,679,305.17

              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      1.470588%      1.498656%
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%                   1.470588%      1.498656%
</TABLE>
<PAGE>

                              COLLATERAL STATEMENT

<TABLE>
<S>                                                           <C>
Collateral Description                                             Mixed Arm

Weighted Average Gross Coupon                                       3.900401%
Weighted Average Net Coupon                                         3.525089%
Weighted Average Pass-Through Rate                                  3.515984%
Weighted Average Maturity (Stepdown Calculation)                         336

Beginning Scheduled Collateral Loan Count                              2,283
Number of Loans Paid in Full                                              51
Ending Scheduled Collateral Loan Count                                 2,232

Beginning Scheduled Collateral Balance                        775,822,825.06
Ending Scheduled Collateral Balance                           747,501,220.92
Ending Actual Collateral Balance at 30-Nov-2004               747,503,614.29

Monthly P&I Constant                                            2,548,037.73
Special Servicing Fee                                                   0.00
Prepayment Penalties                                                    0.00
Realization Loss Amount                                                 0.00
Cumulative Realized Loss                                                0.00

Class A Optimal Amount                                         30,488,869.96

Ending Scheduled Balance for Premium Loans                    747,501,220.92

Scheduled Principal                                                26,354.62
Unscheduled Principal                                          28,295,249.52
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                   GROUP                     GROUP ONE                     GROUP TWO                      TOTAL
<S>                                       <C>                            <C>                         <C>
Collateral Description                    6 Month LIBOR ARM                   Mixed ARM                   Mixed ARM
Weighted Average Coupon Rate                       3.949398                    3.800431                    3.900401
Weighted Average Net Rate                          3.573934                    3.425431                    3.525089
Pass-Through Rate                                  3.564922                    3.416136                    3.515984
Weighted Average Maturity                               338                         331                         336
Record Date                                      11/30/2004                  11/30/2004                  11/30/2004
Principal and Interest Constant                1,736,146.11                  811,891.62                2,548,037.73
Beginning Loan Count                                  1,589                         694                       2,283
Loans Paid in Full                                       37                          14                          51
Ending Loan Count                                     1,552                         680                       2,232
Beginning Scheduled Balance                  520,643,463.36              255,179,361.70              775,822,825.06
Ending Scheduled Balance                     501,994,732.35              245,506,488.57              747,501,220.92
Scheduled Principal                               22,622.68                    3,731.94                   26,354.62
Unscheduled Principal                         18,626,108.33                9,669,141.19               28,295,249.52
Scheduled Interest                             1,713,523.43                  808,159.68                2,521,683.11
Servicing Fee                                    162,902.46                   79,743.55                  242,646.01
Master Servicing Fee                               3,254.02                    1,594.86                    4,848.88
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                                            656.03                      381.78                    1,037.81
Pool Insurance Fee                                     0.00                        0.00                        0.00
Spread 1                                               0.00                        0.00                        0.00
Spread 2                                               0.00                        0.00                        0.00
Spread 3                                               0.00                        0.00                        0.00
Net Interest                                   1,546,710.92                  726,439.49                2,273,150.41
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
</TABLE>

<PAGE>

MISCELLANEOUS REPORTING

<TABLE>
<S>                                       <C>
Group One
Six-Month Libor Loan Balance              501,994,732.35
Interest Transfer Amount                            0.00
Principal Transfer Amount                           0.00
Prorata Senior Percentage                      95.285513%
Senior Percentage                             100.000000%
Senior Prepayment Percentage                  100.000000%
Subordinate Percentage                          0.000000%
Subordinate Prepayment Percentage               0.000000%
</TABLE>

<TABLE>
<S>                                       <C>
Group Two
One-Month Libor Loan Balance              138,958,028.42
Six-Month Libor Loan Balance              106,548,460.15
Interest Transfer Amount                            0.00
Principal Transfer Amount                           0.00
Prorata Senior Percentage                      95.462103%
Senior Percentage                             100.000000%
Senior Prepayment Percentage                  100.000000%
Subordinate Percentage                          0.000000%
Subordinate Prepayment Percentage               0.000000%
</TABLE>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 2004-9

Record Date: November 30, 2004

Distribution Date: December 20, 2004

Certificateholder Distribution Summary

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Certificate	 	 	 	Certificate	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Class	 	 	 	Pass-Through	 	 	 	Beginning	 	 	 	Interest	 	 	 	Principal	 	 	 	Current	 	 	 	Ending Certificate	 	 	 	Total	 	 	 	Cumulative	 
	Class	 	 	CUSIP	 	 	 	Description	 	 	 	Rate	 	 	 	Certificate Balance	 	 	 	Distribution	 	 	 	Distribution	 	 	 	Realized Loss	 	 	 	Balance	 	 	 	Distribution	 	 	 	Realized Loss	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-1
	 	 	 	81744FDV6	 	 	 	SEN	 	 	 	2.48000	%	 	 	 	446,063,399.85	 	 	 	 	921,864.36	 	 	 	 	5,934,352.39	 	 	 	 	0.00	 	 	 	 	440,129,047.46	 	 	 	 	6,856,216.75	 	 	 	 	0.00	 
	A-2
	 	 	 	81744FDW4	 	 	 	SEN	 	 	 	2.53000	%	 	 	 	292,089,983.04	 	 	 	 	615,823.05	 	 	 	 	2,399,363.74	 	 	 	 	0.00	 	 	 	 	289,690,619.30	 	 	 	 	3,015,186.79	 	 	 	 	0.00	 
	X-A
	 	 	 	81744FDX2	 	 	 	IO	 	 	 	0.64576	%	 	 	 	0.00	 	 	 	 	397,226.57	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	397,226.57	 	 	 	 	0.00	 
	X-B
	 	 	 	81744FDY0	 	 	 	IO	 	 	 	0.36384	%	 	 	 	0.00	 	 	 	 	7,021.23	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	7,021.23	 	 	 	 	0.00	 
	B-1
	 	 	 	81744FEA1	 	 	 	SUB	 	 	 	2.65000	%	 	 	 	14,915,000.00	 	 	 	 	32,937.29	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	14,915,000.00	 	 	 	 	32,937.29	 	 	 	 	0.00	 
	B-2
	 	 	 	81744FEB9	 	 	 	SUB	 	 	 	3.02000	%	 	 	 	8,242,000.00	 	 	 	 	20,742.37	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	8,242,000.00	 	 	 	 	20,742.37	 	 	 	 	0.00	 
	B-3
	 	 	 	81744FEC7	 	 	 	SUB	 	 	 	3.14553	%	 	 	 	4,318,000.00	 	 	 	 	11,318.67	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	4,318,000.00	 	 	 	 	11,318.67	 	 	 	 	0.00	 
	B-4
	 	 	 	81744FED5	 	 	 	SUB	 	 	 	3.14553	%	 	 	 	2,355,000.00	 	 	 	 	6,173.11	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	2,355,000.00	 	 	 	 	6,173.11	 	 	 	 	0.00	 
	B-5
	 	 	 	81744FEE3	 	 	 	SUB	 	 	 	3.14553	%	 	 	 	1,962,000.00	 	 	 	 	5,142.94	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	1,962,000.00	 	 	 	 	5,142.94	 	 	 	 	0.00	 
	B-6
	 	 	 	81744FEF0	 	 	 	SUB	 	 	 	3.14553	%	 	 	 	3,533,134.00	 	 	 	 	9,261.32	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	3,533,134.00	 	 	 	 	9,261.32	 	 	 	 	0.00	 
	A-R
	 	 	 	81744FDZ7	 	 	 	SEN	 	 	 	3.11742	%	 	 	 	0.00	 	 	 	 	0.47	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.47	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	   Totals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	773,478,516.89	 	 	 	 	2,027,511.38	 	 	 	 	8,333,716.13	 	 	 	 	0.00	 	 	 	 	765,144,800.76	 	 	 	 	10,361,227.51	 	 	 	 	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	 	 	 	Total Principal	 	 	 	Ending Certificate	 	 	 	Ending Certificate	 	 	 	Total Principal	 
	Class	 	 	Amount	 	 	 	Balance	 	 	 	Distribution	 	 	Distribution	 	 	Accretion	 	 	Loss (1)	 	 	 	Reduction	 	 	 	Balance	 	 	 	Percentage	 	 	 	Distribution	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-1
	 	 	 	453,364,000.00	 	 	 	 	446,063,399.85	 	 	 	 	1,836.94	 	 	 	5,932,515.45	 	 	 	0.00	 	 	 	0.00	 	 	 	 	5,934,352.39	 	 	 	 	440,129,047.46	 	 	 	 	0.97080723	 	 	 	 	5,934,352.39	 
	A-2
	 	 	 	296,310,000.00	 	 	 	 	292,089,983.04	 	 	 	 	6.79	 	 	 	2,399,356.95	 	 	 	0.00	 	 	 	0.00	 	 	 	 	2,399,363.74	 	 	 	 	289,690,619.30	 	 	 	 	0.97766062	 	 	 	 	2,399,363.74	 
	X-A
	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00000000	 	 	 	 	0.00	 
	X-B
	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00000000	 	 	 	 	0.00	 
	B-1
	 	 	 	14,915,000.00	 	 	 	 	14,915,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	14,915,000.00	 	 	 	 	1.00000000	 	 	 	 	0.00	 
	B-2
	 	 	 	8,242,000.00	 	 	 	 	8,242,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	8,242,000.00	 	 	 	 	1.00000000	 	 	 	 	0.00	 
	B-3
	 	 	 	4,318,000.00	 	 	 	 	4,318,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	4,318,000.00	 	 	 	 	1.00000000	 	 	 	 	0.00	 
	B-4
	 	 	 	2,355,000.00	 	 	 	 	2,355,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	2,355,000.00	 	 	 	 	1.00000000	 	 	 	 	0.00	 
	B-5
	 	 	 	1,962,000.00	 	 	 	 	1,962,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	1,962,000.00	 	 	 	 	1.00000000	 	 	 	 	0.00	 
	B-6
	 	 	 	3,533,134.00	 	 	 	 	3,533,134.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	3,533,134.00	 	 	 	 	1.00000000	 	 	 	 	0.00	 
	A-R
	 	 	 	100.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00000000	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	   Totals
	 	 	 	784,999,234.00	 	 	 	 	773,478,516.89	 	 	 	 	1,843.73	 	 	 	8,331,872.40	 	 	 	0.00	 	 	 	0.00	 	 	 	 	8,333,716.13	 	 	 	 	765,144,800.76	 	 	 	 	0.97470770	 	 	 	 	8,333,716.13	 

(1) Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise
disclosed. Please refer to the prospectus supplement for a full description.

Principal Distribution Factors Statement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Beginning	 	 	 	Scheduled	 	 	Unscheduled	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	Original Face	 	 	 	Certificate	 	 	 	Principal	 	 	Principal	 	 	 	 	 	 	Realized	 	 	 	Total Principal	 	 	 	Ending Certificate	 	 	 	Ending Certificate	 	 	 	Total Principal	 
	Class	 	 	Amount	 	 	 	Balance	 	 	 	Distribution	 	 	Distribution	 	 	Accretion	 	 	Loss (3)	 	 	 	Reduction	 	 	 	Balance	 	 	 	Percentage	 	 	 	Distribution	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-1
	 	 	 	453,364,000.00	 	 	 	 	983.89682430	 	 	 	 	0.00405180	 	 	 	13.08554594	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	13.08959774	 	 	 	 	970.80722656	 	 	 	 	0.97080723	 	 	 	 	13.08959774	 
	A-2
	 	 	 	296,310,000.00	 	 	 	 	985.75810145	 	 	 	 	0.00002292	 	 	 	8.09745520	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	8.09747811	 	 	 	 	977.66062333	 	 	 	 	0.97766062	 	 	 	 	8.09747811	 
	X-A
	 	 	 	0.00	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 
	X-B
	 	 	 	0.00	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 
	B-1
	 	 	 	14,915,000.00	 	 	 	 	1000.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 	 	 	 	1.00000000	 	 	 	 	0.00000000	 
	B-2
	 	 	 	8,242,000.00	 	 	 	 	1000.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 	 	 	 	1.00000000	 	 	 	 	0.00000000	 
	B-3
	 	 	 	4,318,000.00	 	 	 	 	1000.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 	 	 	 	1.00000000	 	 	 	 	0.00000000	 
	B-4
	 	 	 	2,355,000.00	 	 	 	 	1000.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 	 	 	 	1.00000000	 	 	 	 	0.00000000	 
	B-5
	 	 	 	1,962,000.00	 	 	 	 	1000.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 	 	 	 	1.00000000	 	 	 	 	0.00000000	 
	B-6
	 	 	 	3,533,134.00	 	 	 	 	1000.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 	 	 	 	1.00000000	 	 	 	 	0.00000000	 
	A-R
	 	 	 	100.00	 	 	 	 	1000.00000000	 	 	 	 	0.50000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 

(3) Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise
disclosed. Please refer to the prospectus supplement for a full description.

 

 

Interest Distribution Statement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	Beginning	 	 	 	 	 	 	 	Payment of	 	 	 	 	 	 	 	Non-	 	 	 	 	 	 	 	 	 	 	 	 	Remaining	 	 	Ending
	 	 	 	 	 	 	 	 	 	 	 	 	 	Certificate/	 	 	Current	 	 	Unpaid	 	 	Current	 	 	Supported	 	 	 	 	 	 	 	 	 	 	 	 	Unpaid	 	 	Certificate/
	 	 	 	Original Face	 	 	Current	 	 	Notional	 	 	Accrued	 	 	Interest	 	 	Interest	 	 	Interest	 	 	Realized	 	 	Total Interest	 	 	Interest	 	 	Notational
	Class	 	 	Amount	 	 	Certificate Rate	 	 	Balance	 	 	Interest	 	 	Shortfall	 	 	Shortfall	 	 	Shortfall	 	 	Loss (4)	 	 	Distribution	 	 	Shortfall	 	 	Balance
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-1
	 	 	 	453,364,000.00	 	 	 	 	2.48000	%	 	 	 	446,063,399.85	 	 	 	 	921,864.36	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	921,864.36	 	 	 	 	0.00	 	 	 	 	440,129,047.46	 
	A-2
	 	 	 	296,310,000.00	 	 	 	 	2.53000	%	 	 	 	292,089,983.04	 	 	 	 	615,823.05	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	615,823.05	 	 	 	 	0.00	 	 	 	 	289,690,619.30	 
	X-A
	 	 	 	0.00	 	 	 	 	0.64576	%	 	 	 	738,153,382.89	 	 	 	 	397,226.57	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	397,226.57	 	 	 	 	0.00	 	 	 	 	729,819,666.76	 
	X-B
	 	 	 	0.00	 	 	 	 	0.36384	%	 	 	 	23,157,000.00	 	 	 	 	7,021.23	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	7,021.23	 	 	 	 	0.00	 	 	 	 	23,157,000.00	 
	B-1
	 	 	 	14,915,000.00	 	 	 	 	2.65000	%	 	 	 	14,915,000.00	 	 	 	 	32,937.29	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	32,937.29	 	 	 	 	0.00	 	 	 	 	14,915,000.00	 
	B-2
	 	 	 	8,242,000.00	 	 	 	 	3.02000	%	 	 	 	8,242,000.00	 	 	 	 	20,742.37	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	20,742.37	 	 	 	 	0.00	 	 	 	 	8,242,000.00	 
	B-3
	 	 	 	4,318,000.00	 	 	 	 	3.14553	%	 	 	 	4,318,000.00	 	 	 	 	11,318.67	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	11,318.67	 	 	 	 	0.00	 	 	 	 	4,318,000.00	 
	B-4
	 	 	 	2,355,000.00	 	 	 	 	3.14553	%	 	 	 	2,355,000.00	 	 	 	 	6,173.11	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	6,173.11	 	 	 	 	0.00	 	 	 	 	2,355,000.00	 
	B-5
	 	 	 	1,962,000.00	 	 	 	 	3.14553	%	 	 	 	1,962,000.00	 	 	 	 	5,142.94	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	5,142.94	 	 	 	 	0.00	 	 	 	 	1,962,000.00	 
	B-6
	 	 	 	3,533,134.00	 	 	 	 	3.14553	%	 	 	 	3,533,134.00	 	 	 	 	9,261.32	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	9,261.32	 	 	 	 	0.00	 	 	 	 	3,533,134.00	 
	A-R
	 	 	 	100.00	 	 	 	 	3.11742	%	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.47	 	 	 	 	0.00	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals
	 	 	 	784,999,234.00	 	 	 	 	 	 	 	 	 	 	 	 	 	 	2,027,510.91	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	2,027,511.38	 	 	 	 	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-	 	 	 	 	 	 	 	 	 	 	 	Remaining	 	 	 	 
	 	 	 	 	 	 	 	 	Current	 	 	Beginning	 	 	 	 	 	 	Unpaid	 	Current	 	Supported	 	 	 	 	 	 	 	 	 	 	 	Unpaid	 	 	 
	Class	 	 	Original Face	 	 	Certificate	 	 	Certificate/	 	 	Current Accrued	 	Interest	 	Interest	 	Interest	 	Realized	 	 	Total Interest	 	 	Interest	 	 	Ending Certificate/
	(5)	 	 	Amount	 	 	Rate	 	 	Notional Balance	 	 	Interest	 	Shortfall	 	Shortfall	 	Shortfall	 	Loss (6)	 	 	Distribution	 	 	Shortfall	 	 	Notational Balance
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-1
	 	 	 	453,364,000.00	 	 	 	 	2.48000	%	 	 	 	983.89682430	 	 	 	 	2.03338677	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.03338677	 	 	 	 	0.00000000	 	 	 	 	970.80722656	 
	A-2
	 	 	 	296,310,000.00	 	 	 	 	2.53000	%	 	 	 	985.75810145	 	 	 	 	2.07830667	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.07830667	 	 	 	 	0.00000000	 	 	 	 	977.66062333	 
	X-A
	 	 	 	0.00	 	 	 	 	0.64576	%	 	 	 	984.63249745	 	 	 	 	0.52986574	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.52986574	 	 	 	 	0.00000000	 	 	 	 	973.51604399	 
	X-B
	 	 	 	0.00	 	 	 	 	0.36384	%	 	 	 	1000.00000000	 	 	 	 	0.30320119	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.30320119	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 
	B-1
	 	 	 	14,915,000.00	 	 	 	 	2.65000	%	 	 	 	1000.00000000	 	 	 	 	2.20833322	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.20833322	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 
	B-2
	 	 	 	8,242,000.00	 	 	 	 	3.02000	%	 	 	 	1000.00000000	 	 	 	 	2.51666707	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.51666707	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 
	B-3
	 	 	 	4,318,000.00	 	 	 	 	3.14553	%	 	 	 	1000.00000000	 	 	 	 	2.62127605	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.62127605	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 
	B-4
	 	 	 	2,355,000.00	 	 	 	 	3.14553	%	 	 	 	1000.00000000	 	 	 	 	2.62127813	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.62127813	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 
	B-5
	 	 	 	1,962,000.00	 	 	 	 	3.14553	%	 	 	 	1000.00000000	 	 	 	 	2.62127421	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.62127421	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 
	B-6
	 	 	 	3,533,134.00	 	 	 	 	3.14553	%	 	 	 	1000.00000000	 	 	 	 	2.62127618	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.62127618	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 
	A-R
	 	 	 	100.00	 	 	 	 	3.11742	%	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	4.70000000	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 

(5) Per $1 denomination

(6) Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise
disclosed. Please refer to the prospectus supplement for a full description.

Certificateholder Account Statement

Certificate Account

	 	 	 	 	 
	Beginning Balance
	 	 	0.00	 
	 
	Deposits
	 	 	 	 
	Payments of Interest and Principal
	 	 	10,614,080.60	 
	Liquidations, Insurance Proceeds, Reserve Funds
	 	 	0.00	 
	Proceeds from Repurchased Loans
	 	 	0.00	 
	Other Amounts (Servicer Advances)
	 	 	25,496.37	 
	Realized Losses (Gains, Subsequent Expenses & Recoveries)
	 	 	0.00	 
	Prepayment Penalties
	 	 	0.00	 
	 
	 	 	 
	Total Deposits
	 	 	10,639,576.97	 
	 
	Withdrawals
	 	 	 	 
	Reimbursement for Servicer Advances
	 	 	30,790.36	 
	Payment of Service Fee
	 	 	247,559.10	 
	Payment of Interest and Principal
	 	 	10,361,227.51	 
	 
	 	 	 
	Total Withdrawals (Pool Distribution Amount)
	 	 	10,639,576.97	 
	 
	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
	 	 	242,080.29	 
	Master Servicing Fee
	 	 	5,478.81	 
	Supported Prepayment/Curtailment Interest Shortfall
	 	 	0.00	 
	 
	 	 	 
	 
	Net Servicing Fee
	 	 	247,559.10	 
	 
	 	 	 

Other Accounts

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Beginning	 	 	Current	 	 	Current	 	 	Ending	 
	Account Type	 	Balance	 	 	Withdrawals	 	 	Deposits	 	 	Balance	 
	 
	Class X-A Pool 1 Comp Sub Account
	 	 	4,500.00	 	 	 	0.00	 	 	 	0.00	 	 	 	4,500.00	 
	Class X-A Pool 2 Comp 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	 

 

 

Loan Status Stratification/Credit Enhancement Statement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	BANKRUPTCY	 	FORECLOSURE	 	REO	 	TOTAL
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	0-29 Days
	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 
	30 Days
	 	 	27	 	 	 	8,949,013.83	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	27	 	 	 	 	8,949,013.83	 
	60 Days
	 	 	2	 	 	 	408,800.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	2	 	 	 	 	408,800.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	 	90 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	 	 	 	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	 	 	 	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	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	29	 	 	 	9,357,813.83	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	29	 	 	 	 	9,357,813.83	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	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	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	30 Days
	 	 	1.213483	%	 	 	1.169582	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	1.213483	%	 	 	 	1.169582	%
	60 Days
	 	 	0.089888	%	 	 	0.053428	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.089888	%	 	 	 	0.053428	%
	90 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	90 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	%	 	 	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	%	 	 	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	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	1.303371	%	 	 	1.223010	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	1.303371	%	 	 	 	1.223010	%

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Current Period Class A Insufficient Funds:

	 	 	0.00	 	 	Principal Balance of Contaminated Properties
	 	 	0.00	 	 	Periodic Advance
	 	 	25,496.37	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Original $	 	 	Original%	 	 	Current $	 	 	Current %	 	 	Current Class %	 	 	Prepayment %	 
	 
	Class A
	 	 	35,325,134.00	 	 	 	4.50002146	%	 	 	35,325,134.00	 	 	 	4.61679069	%	 	 	95.383209	%	 	 	0.000000	%
	Class B-1
	 	 	20,410,134.00	 	 	 	2.60001961	%	 	 	20,410,134.00	 	 	 	2.66748646	%	 	 	1.949304	%	 	 	42.222062	%
	Class B-2
	 	 	12,168,134.00	 	 	 	1.55008228	%	 	 	12,168,134.00	 	 	 	1.59030473	%	 	 	1.077182	%	 	 	23.331829	%
	Class B-3
	 	 	7,850,134.00	 	 	 	1.00001805	%	 	 	7,850,134.00	 	 	 	1.02596711	%	 	 	0.564338	%	 	 	12.223591	%
	Class B-4
	 	 	5,495,134.00	 	 	 	0.70001775	%	 	 	5,495,134.00	 	 	 	0.71818223	%	 	 	0.307785	%	 	 	6.666641	%
	Class B-5
	 	 	3,533,134.00	 	 	 	0.45008120	%	 	 	3,533,134.00	 	 	 	0.46176018	%	 	 	0.256422	%	 	 	5.554119	%
	Class B-6
	 	 	0.00	 	 	 	0.00000000	%	 	 	0.00	 	 	 	0.00000000	%	 	 	0.461760	%	 	 	10.001757	%

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

 

 

Delinquency Status by Group

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	BANKRUPTCY	 	FORECLOSURE	 	REO	 	TOTAL
	Pool One	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	0-29 Days
	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 
	30 Days
	 	 	19	 	 	 	6,468,408.72	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	19	 	 	 	 	7,340,373.18	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	 	60 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	 	 	 	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	 	 	 	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	 	 	 	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	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	19	 	 	 	6,468,408.72	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	19	 	 	 	 	6,468,408.72	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	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	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	30 Days
	 	 	1.457055	%	 	 	1.401626	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	1.457055	%	 	 	 	1.401626	%
	60 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	60 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	%	 	 	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	%	 	 	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	%	 	 	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	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	1.457055	%	 	 	1.401626	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	1.457055	%	 	 	 	1.401626	%

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	BANKRUPTCY	 	FORECLOSURE	 	REO	 	TOTAL
	Pool Two	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	1.183654%	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	0-29 Days
	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 
	30 Days
	 	 	8	 	 	 	2,480,605.11	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	8	 	 	 	 	2,480,605.11	 
	60 Days
	 	 	2	 	 	 	408,800.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	2	 	 	 	 	408,800.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	 	90 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	 	 	 	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	 	 	 	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	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	10	 	 	 	2,889,405.11	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	10	 	 	 	 	2,889,405.11	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	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	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	30 Days
	 	 	0.868621	%	 	 	0.816921	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.868621	%	 	 	 	0.816921	%
	60 Days
	 	 	0.217155	%	 	 	0.134627	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.217155	%	 	 	 	0.134627	%
	90 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	90 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	%	 	 	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	%	 	 	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	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	1.085776	%	 	 	0.951549	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	1.085776	%	 	 	 	0.951549	%

 

 

Collateral Statement

	 	 	 	 	 
	Collateral Description	 	Mixed Arm	 
	 
	Weighted Average Gross Coupon
	 	 	3.529619	%
	Weighted Average Net Coupon
	 	 	3.154047	%
	Weighted Average Pass-Through Rate
	 	 	3.145547	%
	Weighted Average Maturity (Stepdown Calculation)
	 	 	334	 
	 
	Beginning Scheduled Collateral Loan Count
	 	 	2,246	 
	Number of Loans Paid in Full
	 	 	21	 
	Ending Scheduled Collateral Loan Count
	 	 	2,225	 
	 
	Beginning Scheduled Collateral Balance
	 	 	773,478,517.78	 
	Ending Scheduled Collateral Balance
	 	 	765,144,801.65	 
	Ending Actual Collateral Balance at 30-Nov-2004
	 	 	765,146,097.53	 
	 
	Monthly P&I Constant
	 	 	2,277,026.76	 
	Special Servicing Fee
	 	 	0.00	 
	Prepayment Penalties
	 	 	0.00	 
	Realization Loss Amount
	 	 	0.00	 
	Cumulative Realized Loss
	 	 	0.00	 
	 
	Class A Optimal Amount
	 	 	10,268,630.11	 
	 
	Scheduled Principal
	 	 	1,956.63	 
	Unscheduled Principal
	 	 	8,331,759.50	 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Group	 	Pool 1	 	 	Pool 2	 	 	Total	 
	 
	Collateral Description
	 	1 Month LIBOR ARM	 	 	6 Month LIBOR ARM	 	 	Mixed ARM	 
	Weighted Average Coupon Rate
	 	 	3.515146	 	 	 	3.551723	 	 	 	3.529619	 
	Weighted Average Net Rate
	 	 	3.139607	 	 	 	3.176101	 	 	 	3.154047	 
	Pass-Through Rate
	 	 	3.131107	 	 	 	3.167601	 	 	 	3.145547	 
	Weighted Average Maturity
	 	 	335	 	 	 	334	 	 	 	334	 
	Record Date
	 	 	11/30/2004	 	 	 	11/30/2004	 	 	 	11/30/2004	 
	Principal and Interest Constant
	 	 	1,371,063.30	 	 	 	905,963.46	 	 	 	2,277,026.76	 
	Beginning Loan Count
	 	 	1,317	 	 	 	929	 	 	 	2,246	 
	Loans Paid in Full
	 	 	13	 	 	 	8	 	 	 	21	 
	Ending Loan Count
	 	 	1,304	 	 	 	921	 	 	 	2,225	 
	Beginning Scheduled Balance
	 	 	467,426,310.73	 	 	 	306,052,207.05	 	 	 	773,478,517.78	 
	Ending Scheduled Balance
	 	 	461,491,958.34	 	 	 	303,652,843.31	 	 	 	765,144,801.65	 
	Scheduled Principal
	 	 	1,836.94	 	 	 	119.69	 	 	 	1,956.63	 
	Unscheduled Principal
	 	 	5,932,515.45	 	 	 	2,399,244.05	 	 	 	8,331,759.50	 
	Scheduled Interest
	 	 	1,369,226.36	 	 	 	905,843.77	 	 	 	2,275,070.13	 
	Servicing Fee
	 	 	146,280.41	 	 	 	95,799.88	 	 	 	242,080.29	 
	Master Servicing Fee
	 	 	3,310.94	 	 	 	2,167.87	 	 	 	5,478.81	 
	Trustee Fee
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	FRY Amount
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Special Hazard Fee
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Other Fee
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Pool Insurance Fee
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Spread 1
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Spread 2
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Spread 3
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Net Interest
	 	 	1,219,635.01	 	 	 	807,876.02	 	 	 	2,027,511.03	 
	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	 

 

 

Miscellaneous Reporting

	 	 	 	 	 
	Group One
	 	 	 	 
	Principal Transfer Amount
	 	 	0.00	 
	Interest Transfer Amount
	 	 	0.00	 
	Pro Rata Senior Percent
	 	 	95.429673	%
	Senior Percent
	 	 	100.000000	%
	Senior Prepayment Percent
	 	 	100.000000	%
	Subordinate Percent
	 	 	0.000000	%
	Subordinate Prepayment Percent
	 	 	0.000000	%
	 
	Group Two
	 	 	 	 
	Principal Transfer Amount
	 	 	0.00	 
	Interest Transfer Amount
	 	 	0.00	 
	Pro Rata Senior Percent
	 	 	95.437960	%
	Senior Percent
	 	 	100.000000	%
	Senior Prepayment Percent
	 	 	100.000000	%
	Subordinate Percent
	 	 	0.000000	%
	Subordinate Prepayment Percent
	 	 	0.000000	%

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00076-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00076-of-00352.parquet"}]]