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 2004-4
                         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     81744FBF3      SEN          2.46125%       705,018,952.25  1,446,023.25
 X-1    81744FBG1      SEN          0.80000%                 0.00    409,314.43
 X-2    81744FBH9      SEN          0.24127%                 0.00    141,748.33
 X-B    81744FBJ5      SEN          0.61375%                 0.00     11,744.03
 B-1    81744FBK2      SUB          2.64000%        14,612,000.00     32,146.40
 B-2    81744FBL0      SUB          3.04000%         8,350,000.00     21,153.33
 B-3    81744FBM8      SUB          3.39920%         4,175,000.00     11,826.40
 B-4    81744FBN6      SUB          3.39920%         2,509,000.00      7,107.17
 B-5    81744FBP1      SUB          3.39920%         2,088,000.00      5,914.61
 B-6    81744FBQ9      SUB          3.39920%         3,757,983.00     10,645.13
 A-R    81744FBR7      RES          2.78061%                 0.00          0.00
                                                   --------------  ------------
Totals                                             740,510,935.25  2,097,623.08
                                                   --------------  ------------
<CAPTION>
         Principal        Current     Ending Certificate      Total       Cumulative
Class   Distribution   Realized Loss        Balance       Distribution   Realized Loss
------  -------------  -------------  ------------------  -------------  -------------
<S>     <C>            <C>            <C>                 <C>            <C>
  A     19,874,565.00       0.00        685,144,387.25    21,320,588.25      0.00
 X-1             0.00       0.00                  0.00       409,314.43      0.00
 X-2             0.00       0.00                  0.00       141,748.33      0.00
 X-B             0.00       0.00                  0.00        11,744.03      0.00
 B-1             0.00       0.00         14,612,000.00        32,146.40      0.00
 B-2             0.00       0.00          8,350,000.00        21,153.33      0.00
 B-3             0.00       0.00          4,175,000.00        11,826.40      0.00
 B-4             0.00       0.00          2,509,000.00         7,107.17      0.00
 B-5             0.00       0.00          2,088,000.00         5,914.61      0.00
 B-6             0.00       0.00          3,757,983.00        10,645.13      0.00
 A-R             0.00       0.00                  0.00             0.00      0.00
        -------------       ----        --------------    -------------      ----
Totals  19,874,565.00       0.00        720,636,370.25    21,972,188.08      0.00
        -------------       ----        --------------    -------------      ----
</TABLE>

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

                        PRINCIPAL DISTRIBUTION STATEMENT

<TABLE>
<CAPTION>
                          Beginning      Scheduled     Unscheduled
        Original Face    Certificate     Principal      Principal               Realized
Class       Amount         Balance      Distribution  Distribution   Accretion  Loss (1)
------  --------------  --------------  ------------  -------------  ---------  --------
<S>     <C>             <C>             <C>           <C>            <C>        <C>
  A     799,511,000.00  705,018,952.25      0.00      19,874,565.00    0.00       0.00
 X-1              0.00            0.00      0.00               0.00    0.00       0.00
 X-2              0.00            0.00      0.00               0.00    0.00       0.00
 X-B              0.00            0.00      0.00               0.00    0.00       0.00
 B-1     14,612,000.00   14,612,000.00      0.00               0.00    0.00       0.00
 B-2      8,350,000.00    8,350,000.00      0.00               0.00    0.00       0.00
 B-3      4,175,000.00    4,175,000.00      0.00               0.00    0.00       0.00
 B-4      2,509,000.00    2,509,000.00      0.00               0.00    0.00       0.00
 B-5      2,088,000.00    2,088,000.00      0.00               0.00    0.00       0.00
 B-6      3,757,983.00    3,757,983.00      0.00               0.00    0.00       0.00
 A-R            100.00            0.00      0.00               0.00    0.00       0.00
        --------------  --------------      ----      -------------    ----       ----
Totals  835,003,083.00  740,510,935.25      0.00      19,874,565.00    0.00       0.00
        --------------  --------------      ----      -------------    ----       ----
<CAPTION>
        Total Principal  Ending Certificate  Ending Certificate  Total Principal
Class      Reduction           Balance           Percentage       Distribution
------  ---------------  ------------------  ------------------  ---------------
<S>     <C>              <C>                 <C>                 <C>
  A      19,874,565.00     685,144,387.25        0.85695430       19,874,565.00
 X-1              0.00               0.00        0.00000000                0.00
 X-2              0.00               0.00        0.00000000                0.00
 X-B              0.00               0.00        0.00000000                0.00
 B-1              0.00      14,612,000.00        1.00000000                0.00
 B-2              0.00       8,350,000.00        1.00000000                0.00
 B-3              0.00       4,175,000.00        1.00000000                0.00
 B-4              0.00       2,509,000.00        1.00000000                0.00
 B-5              0.00       2,088,000.00        1.00000000                0.00
 B-6              0.00       3,757,983.00        1.00000000                0.00
 A-R              0.00               0.00        0.00000000                0.00
         -------------     --------------        ----------       -------------
Totals   19,874,565.00     720,636,370.25        0.86303438       19,874,565.00
         -------------     --------------        ----------       -------------
</TABLE>

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

<PAGE>

                    PRINCIPAL DISTRIBUTION FACTORS STATEMENT

<TABLE>
<CAPTION>
                         Beginning     Scheduled    Unscheduled
       Original Face    Certificate    Principal     Principal                 Realized
Class     Amount          Balance     Distribution  Distribution  Accretion    Loss (3)
-----  --------------  -------------  ------------  ------------  ----------  ----------
<S>    <C>             <C>            <C>           <C>           <C>         <C>
  A    799,511,000.00   881.81269832   0.00000000   24.85840095   0.00000000  0.00000000
 X-1             0.00     0.00000000   0.00000000    0.00000000   0.00000000  0.00000000
 X-2             0.00     0.00000000   0.00000000    0.00000000   0.00000000  0.00000000
 X-B             0.00     0.00000000   0.00000000    0.00000000   0.00000000  0.00000000
 B-1    14,612,000.00  1000.00000000   0.00000000    0.00000000   0.00000000  0.00000000
 B-2     8,350,000.00  1000.00000000   0.00000000    0.00000000   0.00000000  0.00000000
 B-3     4,175,000.00  1000.00000000   0.00000000    0.00000000   0.00000000  0.00000000
 B-4     2,509,000.00  1000.00000000   0.00000000    0.00000000   0.00000000  0.00000000
 B-5     2,088,000.00  1000.00000000   0.00000000    0.00000000   0.00000000  0.00000000
 B-6     3,757,983.00  1000.00000000   0.00000000    0.00000000   0.00000000  0.00000000
 A-R           100.00     0.00000000   0.00000000    0.00000000   0.00000000  0.00000000

<CAPTION>

       Total Principal  Ending Certificate  Ending Certificate  Total Principal
Class     Reduction           Balance           Percentage       Distribution
-----  ---------------  ------------------  ------------------  ---------------
<S>    <C>              <C>                 <C>                 <C>
  A      24.85840095       856.95429738         0.85695430        24.85840095
 X-1      0.00000000         0.00000000         0.00000000         0.00000000
 X-2      0.00000000         0.00000000         0.00000000         0.00000000
 X-B      0.00000000         0.00000000         0.00000000         0.00000000
 B-1      0.00000000      1000.00000000         1.00000000         0.00000000
 B-2      0.00000000      1000.00000000         1.00000000         0.00000000
 B-3      0.00000000      1000.00000000         1.00000000         0.00000000
 B-4      0.00000000      1000.00000000         1.00000000         0.00000000
 B-5      0.00000000      1000.00000000         1.00000000         0.00000000
 B-6      0.00000000      1000.00000000         1.00000000         0.00000000
 A-R      0.00000000         0.00000000         0.00000000         0.00000000
</TABLE>

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

                         INTEREST DISTRIBUTION STATEMENT

<TABLE>
<CAPTION>
                                             Beginning                  Payment of                Non-
                                           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)
------  --------------  ----------------  --------------  ------------  ----------  ---------  ---------  --------
<S>     <C>             <C>               <C>             <C>           <C>         <C>        <C>        <C>
  A     799,511,000.00      2.46125%      705,018,952.25  1,446,023.25     0.00       0.00       0.00       0.00
 X-1              0.00      0.80000%      613,971,643.15    409,314.43     0.00       0.00       0.00       0.00
 X-2              0.00      0.24127%      705,018,952.25    141,748.33     0.00       0.00       0.00       0.00
 X-B              0.00      0.61375%       22,962,000.00     11,744.03     0.00       0.00       0.00       0.00
 B-1     14,612,000.00      2.64000%       14,612,000.00     32,146.40     0.00       0.00       0.00       0.00
 B-2      8,350,000.00      3.04000%        8,350,000.00     21,153.33     0.00       0.00       0.00       0.00
 B-3      4,175,000.00      3.39920%        4,175,000.00     11,826.40     0.00       0.00       0.00       0.00
 B-4      2,509,000.00      3.39920%        2,509,000.00      7,107.17     0.00       0.00       0.00       0.00
 B-5      2,088,000.00      3.39920%        2,088,000.00      5,914.61     0.00       0.00       0.00       0.00
 B-6      3,757,983.00      3.39920%        3,757,983.00     10,645.13     0.00       0.00       0.00       0.00
 A-R            100.00      2.78061%                0.00          0.00     0.00       0.00       0.00       0.00
        --------------                                    ------------     ----       ----       ----       ----
Totals  835,003,083.00                                    2,097,623.08     0.00       0.00       0.00       0.00
        --------------                                    ------------     ----       ----       ----       ----

<CAPTION>
                        Remaining      Ending
                         Unpaid     Certificate/
        Total Interest  Interest     Notational
Class   Distribution    Shortfall     Balance
------  --------------  ---------  --------------
<S>     <C>             <C>        <C>
  A      1,446,023.25     0.00     685,144,387.25
 X-1       409,314.43     0.00     591,070,494.30
 X-2       141,748.33     0.00     685,144,387.25
 X-B        11,744.03     0.00      22,962,000.00
 B-1        32,146.40     0.00      14,612,000.00
 B-2        21,153.33     0.00       8,350,000.00
 B-3        11,826.40     0.00       4,175,000.00
 B-4         7,107.17     0.00       2,509,000.00
 B-5         5,914.61     0.00       2,088,000.00
 B-6        10,645.13     0.00       3,757,983.00
 A-R             0.00     0.00               0.00
         ------------     ----
Totals   2,097,623.08     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
Class  Original Face   Certificate    Certificate/    Current Accrued   Interest    Interest    Interest    Realized
 (5)       Amount          Rate     Notional Balance      Interest      Shortfall  Shortfall   Shortfall    Loss (6)
-----  --------------  -----------  ----------------  ---------------  ----------  ----------  ----------  ----------
<S>    <C>             <C>          <C>               <C>              <C>         <C>         <C>         <C>
 A     799,511,000.00    2.46125%      881.81269832      1.80863459    0.00000000  0.00000000  0.00000000  0.00000000
X-1              0.00    0.80000%      767.93395357      0.51195597    0.00000000  0.00000000  0.00000000  0.00000000
X-2              0.00    0.24127%      881.81269832      0.17729378    0.00000000  0.00000000  0.00000000  0.00000000
X-B              0.00    0.61375%     1000.00000000      0.51145501    0.00000000  0.00000000  0.00000000  0.00000000
B-1     14,612,000.00    2.64000%     1000.00000000      2.20000000    0.00000000  0.00000000  0.00000000  0.00000000
B-2      8,350,000.00    3.04000%     1000.00000000      2.53333293    0.00000000  0.00000000  0.00000000  0.00000000
B-3      4,175,000.00    3.39920%     1000.00000000      2.83267066    0.00000000  0.00000000  0.00000000  0.00000000
B-4      2,509,000.00    3.39920%     1000.00000000      2.83267039    0.00000000  0.00000000  0.00000000  0.00000000
B-5      2,088,000.00    3.39920%     1000.00000000      2.83266762    0.00000000  0.00000000  0.00000000  0.00000000
B-6      3,757,983.00    3.39920%     1000.00000000      2.83267114    0.00000000  0.00000000  0.00000000  0.00000000
A-R            100.00    2.78061%        0.00000000      0.00000000    0.00000000  0.00000000  0.00000000  0.00000000
</TABLE>

<TABLE>
<CAPTION>
                       Remaining
                         Unpaid
Class  Total Interest   Interest   Ending Certificate/
 (5)    Distribution   Shortfall    Notational Balance
-----  --------------  ----------  -------------------
<S>    <C>             <C>         <C>
 A       1.80863459    0.00000000       856.95429738
X-1      0.51195597    0.00000000       739.29000889
X-2      0.17729378    0.00000000       856.95429738
X-B      0.51145501    0.00000000      1000.00000000
B-1      2.20000000    0.00000000      1000.00000000
B-2      2.53333293    0.00000000      1000.00000000
B-3      2.83267066    0.00000000      1000.00000000
B-4      2.83267039    0.00000000      1000.00000000
B-5      2.83266762    0.00000000      1000.00000000
B-6      2.83267114    0.00000000      1000.00000000
A-R      0.00000000    0.00000000         0.00000000
</TABLE>

(5) Per $1 denomination

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

                       CERTIFICATEHOLDER ACCOUNT STATEMENT

                               CERTIFICATE ACCOUNT

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

Deposits
            Payments of Interest and Principal                               22,215,244.61
            Liquidations, Insurance Proceeds, Reserve Funds                           0.00
            Proceeds from Repurchased Loans                                           0.00
            Other Amounts (Servicer Advances)                                    31,669.78
            Realized Losses (Gains, Subsequent Expenses & Recoveries)                 0.00
            Prepayment Penalties                                                      0.00
                                                                             -------------
Total Deposits                                                               22,246,914.39

Withdrawals
            Reimbursement for Servicer Advances                                  38,115.81
            Payment of Service Fee                                              236,610.49
            Payment of Interest and Principal                                21,972,188.09
                                                                             -------------
Total Withdrawals (Pool Distribution Amount)                                 22,246,914.39

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                                                       231,982.26
Master Servicing Fee                                                        4,628.23
Supported Prepayment/Curtailment Interest Shortfall                             0.00
                                                                          -----------

Net Servicing Fee                                                         236,610.49
                                                                          ===========
</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          32           9,883,257.52    30 Days       0              0.00      30 Days          0             0.00
60 Days           1             407,899.73    60 Days       0              0.00      60 Days          0             0.00
90 Days           1             138,400.00    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          2             312,548.71    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
               ----          -------------                  -              ----                       -             ----
                 36          10,742,105.96                  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       1.423488%         1.371460%     30 Days    0.000000%       0.000000%   30 Days       0.000000%      0.000000%
60 Days       0.044484%         0.056603%     60 Days    0.000000%       0.000000%   60 Days       0.000000%      0.000000%
90 Days       0.044484%         0.019205%     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      0.088968%         0.043371%     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%
              --------          --------                 --------        --------                  --------       --------
              1.601423%         1.490639%                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               32         9,883,257.52
60 Days                0              0.00      60 Days                1           407,899.73
90 Days                0              0.00      90 Days                1           138,400.00
120 Days               0              0.00      120 Days               0                 0.00
150 Days               0              0.00      150 Days               2           312,548.71
180+ Days              0              0.00      180+ Days              0                 0.00
                       -              ----                           ---        --------------
                       0              0.00                            36        10,742,105.96

                     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             1.423488%      1.371460%
60 Days             0.000000%      0.000000%    60 Days             0.044484%      0.056603%
90 Days             0.000000%      0.000000%    90 Days             0.044484%      0.019205%
120 Days            0.000000%      0.000000%    120 Days            0.000000%      0.000000%
150 Days            0.000000%      0.000000%    150 Days            0.088968%      0.043371%
180+ Days           0.000000%      0.000000%    180+ Days           0.000000%      0.000000%
                    --------       --------                         --------       --------
                    0.000000%      0.000000%                        1.601423%      1.490639%
</TABLE>

Current Period Class A Insufficient Funds:             0.00

Principal Balance of Contaminated Properties           0.00

Periodic Advance                                  31,669.78

<TABLE>
<CAPTION>
                Original $         Original%      Current $       Current %   Current Class %     Prepayment %
              -------------       -----------   -------------    -----------  ---------------     ------------
<S>           <C>                 <C>           <C>              <C>          <C>                 <C>
Class A       35,491,983.00       4.25052119%   35,491,983.00    4.92508905%     95.074911%         0.000000%
Class X-1     35,491,983.00       4.25052119%   35,491,983.00    4.92508905%      0.000000%         0.000000%
Class X-2     35,491,983.00       4.25052119%   35,491,983.00    4.92508905%      0.000000%         0.000000%
Class B-1     20,879,983.00       2.50058753%   20,879,983.00    2.89743674%      2.027652%        41.169861%
Class B-2     12,529,983.00       1.50059123%   12,529,983.00    1.73873863%      1.158698%        23.526440%
Class B-3      8,354,983.00       1.00059307%    8,354,983.00    1.15938958%      0.579349%        11.763220%
Class B-4      5,845,983.00       0.70011514%    5,845,983.00    0.81122508%      0.348164%         7.069202%
Class B-5      3,757,983.00       0.45005618%    3,757,983.00    0.52148117%      0.289744%         5.883019%
Class B-6              0.00       0.00000000%            0.00    0.00000000%      0.521481%        10.588259%
</TABLE>

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

<PAGE>

                              COLLATERAL STATEMENT

<TABLE>
<CAPTION>
Collateral Description                                             Mixed Arm
<S>                                                             <C>
Weighted Average Gross Coupon                                         3.782632%
Weighted Average Net Coupon                                           3.406704%
Weighted Average Pass-Through Rate                                    3.399204%
Weighted Average Maturity (Stepdown Calculation)                           335

Beginning Scheduled Collateral Loan Count                                2,291
Number of Loans Paid in Full                                                43
Ending Scheduled Collateral Loan Count                                   2,248

Beginning Scheduled Collateral Balance                          740,510,935.99
Ending Scheduled Collateral Balance                             720,636,370.99
Ending Actual Collateral Balance at 30-Nov-2004                 720,637,864.91

Monthly P&I Constant                                              2,334,233.53
Special Servicing Fee                                                     0.00
Prepayment Penalties                                                      0.00
Realization Loss Amount                                                   0.00
Cumulative Realized Loss                                                  0.00

Class A Optimal Amount                                           21,883,395.04

Ending Scheduled Balance for Premium Loans                      720,636,370.99

Scheduled Principal                                                       0.00
Unscheduled Principal                                            19,874,565.00
</TABLE>

MISCELLANEOUS REPORTING

<TABLE>
<S>                                                             <C>
One-Month Libor Loan Balance                                     99,396,193.42
Six-Month Libor Loan Balance                                    621,240,177.57
Prorata Senior Percentage                                            95.207095%
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 2004-8

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
	 	 	 	81744FDJ3	 	 	 	SEN	 	 	 	2.49000	%	 	 	 	352,454,905.58	 	 	 	 	731,343.93	 	 	 	 	4,712,626.21	 	 	 	 	0.00	 	 	 	 	347,742,279.37	 	 	 	 	5,443,970.14	 	 	 	 	0.00	 
	A-2
	 	 	 	81744FDK0	 	 	 	SEN	 	 	 	2.35000	%	 	 	 	406,752,496.43	 	 	 	 	796,556.97	 	 	 	 	5,074,744.59	 	 	 	 	0.00	 	 	 	 	401,677,751.84	 	 	 	 	5,871,301.56	 	 	 	 	0.00	 
	X-A
	 	 	 	81744FDL8	 	 	 	IO	 	 	 	0.69442	%	 	 	 	0.00	 	 	 	 	439,340.94	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	439,340.94	 	 	 	 	0.00	 
	X-B
	 	 	 	81744FDM6	 	 	 	IO	 	 	 	0.32277	%	 	 	 	0.00	 	 	 	 	6,616.86	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	6,616.86	 	 	 	 	0.00	 
	B-1
	 	 	 	81744FDP9	 	 	 	SUB	 	 	 	2.66000	%	 	 	 	16,400,000.00	 	 	 	 	36,353.33	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	16,400,000.00	 	 	 	 	36,353.33	 	 	 	 	0.00	 
	B-2
	 	 	 	81744FDQ7	 	 	 	SUB	 	 	 	3.04000	%	 	 	 	8,200,000.00	 	 	 	 	20,773.33	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	8,200,000.00	 	 	 	 	20,773.33	 	 	 	 	0.00	 
	B-3
	 	 	 	81744FDR5	 	 	 	SUB	 	 	 	3.10944	%	 	 	 	4,100,000.00	 	 	 	 	10,623.92	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	4,100,000.00	 	 	 	 	10,623.92	 	 	 	 	0.00	 
	B-4
	 	 	 	81744FDS3	 	 	 	SUB	 	 	 	3.10944	%	 	 	 	2,460,000.00	 	 	 	 	6,374.35	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	2,460,000.00	 	 	 	 	6,374.35	 	 	 	 	0.00	 
	B-5
	 	 	 	81744FDT1	 	 	 	SUB	 	 	 	3.10944	%	 	 	 	2,050,000.00	 	 	 	 	5,311.96	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	2,050,000.00	 	 	 	 	5,311.96	 	 	 	 	0.00	 
	B-6
	 	 	 	81744FDU8	 	 	 	SUB	 	 	 	3.10944	%	 	 	 	3,690,645.34	 	 	 	 	9,563.44	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	3,690,645.34	 	 	 	 	9,563.44	 	 	 	 	0.00	 
	A-R
	 	 	 	81744FDN4	 	 	 	SEN	 	 	 	2.98628	%	 	 	 	0.00	 	 	 	 	0.80	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.80	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	796,108,047.35	 	 	 	 	2,062,859.83	 	 	 	 	9,787,370.80	 	 	 	 	0.00	 	 	 	 	786,320,676.55	 	 	 	 	11,850,230.63	 	 	 	 	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
	 	 	 	365,049,000.00	 	 	 	 	352,454,905.58	 	 	 	 	0.00	 	 	 	4,712,626.21	 	 	 	0.00	 	 	 	0.00	 	 	 	 	4,712,626.21	 	 	 	 	347,742,279.37	 	 	 	 	0.95259069	 	 	 	 	4,712,626.21	 
	A-2
	 	 	 	418,050,000.00	 	 	 	 	406,752,496.43	 	 	 	 	140.62	 	 	 	5,074,603.97	 	 	 	0.00	 	 	 	0.00	 	 	 	 	5,074,744.59	 	 	 	 	401,677,751.84	 	 	 	 	0.96083663	 	 	 	 	5,074,744.59	 
	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
	 	 	 	16,400,000.00	 	 	 	 	16,400,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	16,400,000.00	 	 	 	 	1.00000000	 	 	 	 	0.00	 
	B-2
	 	 	 	8,200,000.00	 	 	 	 	8,200,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	8,200,000.00	 	 	 	 	1.00000000	 	 	 	 	0.00	 
	B-3
	 	 	 	4,100,000.00	 	 	 	 	4,100,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	4,100,000.00	 	 	 	 	1.00000000	 	 	 	 	0.00	 
	B-4
	 	 	 	2,460,000.00	 	 	 	 	2,460,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	2,460,000.00	 	 	 	 	1.00000000	 	 	 	 	0.00	 
	B-5
	 	 	 	2,050,000.00	 	 	 	 	2,050,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	2,050,000.00	 	 	 	 	1.00000000	 	 	 	 	0.00	 
	B-6
	 	 	 	3,690,645.34	 	 	 	 	3,690,645.34	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	3,690,645.34	 	 	 	 	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
	 	 	 	819,999,745.34	 	 	 	 	796,108,047.35	 	 	 	 	140.62	 	 	 	9,787,230.18	 	 	 	0.00	 	 	 	0.00	 	 	 	 	9,787,370.80	 	 	 	 	786,320,676.55	 	 	 	 	0.95892795	 	 	 	 	9,787,370.80	 

(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
	 	 	 	365,049,000.00	 	 	 	 	965.50026320	 	 	 	 	0.00000000	 	 	 	12.90957162	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	12.90957162	 	 	 	 	952.59069158	 	 	 	 	0.95259069	 	 	 	 	12.90957162	 
	A-2
	 	 	 	418,050,000.00	 	 	 	 	972.97571207	 	 	 	 	0.00033637	 	 	 	12.13874888	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	12.13908525	 	 	 	 	960.83662681	 	 	 	 	0.96083663	 	 	 	 	12.13908525	 
	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
	 	 	 	16,400,000.00	 	 	 	 	1000.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 	 	 	 	1.00000000	 	 	 	 	0.00000000	 
	B-2
	 	 	 	8,200,000.00	 	 	 	 	1000.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 	 	 	 	1.00000000	 	 	 	 	0.00000000	 
	B-3
	 	 	 	4,100,000.00	 	 	 	 	1000.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 	 	 	 	1.00000000	 	 	 	 	0.00000000	 
	B-4
	 	 	 	2,460,000.00	 	 	 	 	1000.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 	 	 	 	1.00000000	 	 	 	 	0.00000000	 
	B-5
	 	 	 	2,050,000.00	 	 	 	 	1000.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 	 	 	 	1.00000000	 	 	 	 	0.00000000	 
	B-6
	 	 	 	3,690,645.34	 	 	 	 	1000.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	 	1000.00000000	 	 	 	 	1.00000000	 	 	 	 	0.00000000	 
	A-R
	 	 	 	100.00	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	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
	 	 	 	365,049,000.00	 	 	 	 	2.49000	%	 	 	 	352,454,905,58	 	 	 	 	731,343.93	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	731,343.93	 	 	 	 	0.00	 	 	 	 	347,742,279.37	 
	A-2
	 	 	 	418,050,000.00	 	 	 	 	2.35000	%	 	 	 	406,752,496.43	 	 	 	 	796,556.97	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	796,556.97	 	 	 	 	0.00	 	 	 	 	401,677,751.84	 
	X-A
	 	 	 	0.00	 	 	 	 	0.69442	%	 	 	 	759,207,402.01	 	 	 	 	439,340.94	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	439,340.94	 	 	 	 	0.00	 	 	 	 	749,420,031.21	 
	X-B
	 	 	 	0.00	 	 	 	 	0.32277	%	 	 	 	24,600,000.00	 	 	 	 	6,616.86	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	6,616.86	 	 	 	 	0.00	 	 	 	 	24,600,000.00	 
	B-1
	 	 	 	16,400,000.00	 	 	 	 	2.66000	%	 	 	 	16,400,000.00	 	 	 	 	36,353.33	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	36,353.33	 	 	 	 	0.00	 	 	 	 	16,400,000.00	 
	B-2
	 	 	 	8,200,000.00	 	 	 	 	3.04000	%	 	 	 	8,200,000.00	 	 	 	 	20,773.33	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	20,773.33	 	 	 	 	0.00	 	 	 	 	8,200,000.00	 
	B-3
	 	 	 	4,100,000.00	 	 	 	 	3.10944	%	 	 	 	4,100,000.00	 	 	 	 	10,623.92	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	10,623.92	 	 	 	 	0.00	 	 	 	 	4,100,000.00	 
	B-4
	 	 	 	2,460,000.00	 	 	 	 	3.10944	%	 	 	 	2,460,000.00	 	 	 	 	6,374.35	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	6,374.35	 	 	 	 	0.00	 	 	 	 	2,460,000.00	 
	B-5
	 	 	 	2,050,000.00	 	 	 	 	3.10944	%	 	 	 	2,050,000.00	 	 	 	 	5,311.96	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	5,311.96	 	 	 	 	0.00	 	 	 	 	2,050,000.00	 
	B-6
	 	 	 	3,690,645.34	 	 	 	 	3.10944	%	 	 	 	3,690,645.34	 	 	 	 	9,563.44	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	9,563.44	 	 	 	 	0.00	 	 	 	 	3,690,645.34	 
	A-R
	 	 	 	100.00	 	 	 	 	2.98628	%	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.80	 	 	 	 	0.00	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals
	 	 	 	819,999,745.34	 	 	 	 	 	 	 	 	 	 	 	 	 	 	2,062,859.03	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	2,062,859.83	 	 	 	 	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
	 	 	 	365,049,000.00	 	 	 	 	2.49000	%	 	 	 	965.50026320	 	 	 	 	2.00341305	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.00341305	 	 	 	 	0.00000000	 	 	 	952.59069158	 
	A-2
	 	 	 	418,050,000.00	 	 	 	 	2.35000	%	 	 	 	972.97571207	 	 	 	 	1.90541076	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	1.90541076	 	 	 	 	0.00000000	 	 	 	960.83662681	 
	X-A
	 	 	 	0.00	 	 	 	 	0.69442	%	 	 	 	969.49096093	 	 	 	 	0.56102861	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.56102861	 	 	 	 	0.00000000	 	 	 	956.99270617	 
	X-B
	 	 	 	0.00	 	 	 	 	0.32277	%	 	 	1000.00000000	 	 	 	 	0.26897805	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	0.26897805	 	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-1
	 	 	 	16,400,000.00	 	 	 	 	2.66000	%	 	 	1000.00000000	 	 	 	 	2.21666646	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.21666646	 	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-2
	 	 	 	8,200,000.00	 	 	 	 	3.04000	%	 	 	1000.00000000	 	 	 	 	2.53333293	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.53333293	 	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-3
	 	 	 	4,100,000.00	 	 	 	 	3.10944	%	 	 	1000.00000000	 	 	 	 	2.59120000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.59120000	 	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-4
	 	 	 	2,460,000.00	 	 	 	 	3.10944	%	 	 	1000.00000000	 	 	 	 	2.59119919	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.59119919	 	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-5
	 	 	 	2,050,000.00	 	 	 	 	3.10944	%	 	 	1000.00000000	 	 	 	 	2.59120000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.59120000	 	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-6
	 	 	 	3,690,645.34	 	 	 	 	3.10944	%	 	 	1000.00000000	 	 	 	 	2.59126497	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	2.59126497	 	 	 	 	0.00000000	 	 	 	
1000.00000000	 
	A-R
	 	 	 	100.00	 	 	 	 	2.98628	%	 	 	 	0.00000000	 	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	 	8.00000000	 	 	 	 	0.00000000	 	 	 	 	0.00000000	 

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

Certificateholder Account Statement

Certificate Account

	 	 	 	 	 
	Beginning Balance
	 	 	0.00	 
	 	 	 	 	 
	Deposits
	 	 	 	 
	Payments of Interest and Principal
	 	 	12,180,615.58	 
	Liquidations, Insurance Proceeds, Reserve Funds
	 	 	0.00	 
	Proceeds from Repurchased Loans
	 	 	0.00	 
	Other Amounts (Servicer Advances)
	 	 	63,991.17	 
	Realized Losses (Gains, Subsequent Expenses & Recoveries)
	 	 	0.00	 
	Prepayment Penalties
	 	 	0.00	 
	 
	 	 	 
	Total Deposits
	 	 	12,244,606.75	 
	 	 	 	 	 
	Withdrawals
	 	 	 	 
	Reimbursement for Servicer Advances
	 	 	139,719.78	 
	Payment of Service Fee
	 	 	254,656.32	 
	Payment of Interest and Principal
	 	 	11,850,230.65	 
	 
	 	 	 
	Total Withdrawals (Pool Distribution Amount)
	 	 	12,244,606.75	 
	 	 	 	 	 
	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
	 	 	249,680.65	 
	Master Servicing Fee
	 	 	4,975.67	 
	Supported Prepayment/Curtailment Interest Shortfall
	 	 	0.00	 
	 
	 	 	 
	 	 	 	 	 
	Net Servicing Fee
	 	 	254,656.32	 
	 
	 	 	 

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
	 	 	56  	 	 	 	20,306,407.77	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	56  	 	 	 	 	20,306,407.77	 
	60 Days
	 	 	7	 	 	 	3,437,682.90	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	7	 	 	 	 	3,437,682.90	 
	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
	 	 	1	 	 	 	341,341.88	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	1	 	 	 	 	341,341.88	 
	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	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	64  	 	 	 	24,085,432.55	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	64  	 	 	 	 	24,085,432.55	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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
	 	 	2.507837	%	 	 	2.582448	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	2.507837	%	 	 	 	2.582448	%
	60 Days
	 	 	0.313480	%	 	 	0.437184	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.313480	%	 	 	 	0.437184	%
	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
	 	 	0.044783	%	 	 	0.043410	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.044783	%	 	 	 	0.043410	%
	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	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	2.866099	%	 	 	3.063042	%	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	2.866099	%	 	 	 	3.063042	%

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Current Period Class A Insufficient Funds:

	 	 	0.00	 	 	Principal Balance of Contaminated Properties
	 	 	0.00	 	 	Periodic Advance
	 	 	63,991.17	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Original $	 	 	Original%	 	 	Current $	 	 	Current %	 	 	Current Class %	 	 	Prepayment %	 
	Class A
	 	 	36,900,645.34	 	 	 	4.50008061	%	 	 	36,900,645.34	 	 	 	4.69282399	%	 	 	95.307176	%	 	 	0.000000	%
	Class B-1
	 	 	20,500,645.34	 	 	 	2.50007976	%	 	 	20,500,645.34	 	 	 	2.60716091	%	 	 	2.085663	%	 	 	44.443667	%
	Class B-2
	 	 	12,300,645.34	 	 	 	1.50007934	%	 	 	12,300,645.34	 	 	 	1.56432938	%	 	 	1.042832	%	 	 	22.221834	%
	Class B-3
	 	 	8,200,645.34	 	 	 	1.00007912	%	 	 	8,200,645.34	 	 	 	1.04291361	%	 	 	0.521416	%	 	 	11.110917	%
	Class B-4
	 	 	5,740,645.34	 	 	 	0.70007900	%	 	 	5,740,645.34	 	 	 	0.73006415	%	 	 	0.312849	%	 	 	6.666550	%
	Class B-5
	 	 	3,690,645.34	 	 	 	0.45007889	%	 	 	3,690,645.34	 	 	 	0.46935626	%	 	 	0.260708	%	 	 	5.555458	%
	Class B-6
	 	 	0.00	 	 	 	0.00000000	%	 	 	0.00	 	 	 	0.00000000	%	 	 	0.469356	%	 	 	10.001574	%

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
	 	 	25	 	 	 	8,209,503.04	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	25	 	 	 	 	8,209,503.04	 
	60 Days
	 	 	3	 	 	 	2,936,883.31	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	3	 	 	 	 	2,936,883.31	 
	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	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	28	 	 	 	11,146,386.35	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	28	 	 	 	 	11,146,386.35	 
	 	 	
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
	 	 	2.463054	%	 	 	2.249519	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	2.463054	%	 	 	 	2.249519	%
	60 Days
	 	 	0.295567	%	 	 	0.804747	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.295567	%	 	 	 	0.804747	%
	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	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	2.758621	%	 	 	3.054266	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	2.758621	%	 	 	 	3.054266	%

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	BANKRUPTCY	FORECLOSURE	REO	TOTAL
	Pool Two	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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
	 	 	31	 	 	 	12,096,904.73	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	31	 	 	 	 	12,096,904.73	 
	60 Days
	 	 	4	 	 	 	500,799.59	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	4	 	 	 	 	500,799.59	 
	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
	 	 	1	 	 	 	341,341.88	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	1	 	 	 	 	341,341.88	 
	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	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	36	 	 	 	12,939,046.20	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	36	 	 	 	 	12,939,046.20	 
	 	 	
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
	 	 	2.545156	%	 	 	2.870790	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	2.545156	%	 	 	 	2.870790	%
	60 Days
	 	 	0.328407	%	 	 	0.118848	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.328407	%	 	 	 	0.118848	%
	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
	 	 	0.082102	%	 	 	0.081006	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.082102	%	 	 	 	0.081006	%
	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	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	2.955665	%	 	 	3.070643	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	2.955665	%	 	 	 	3.070643	%

 

 

Collateral Statement

	 	 	 	 	 
	Collateral Description	 	Mixed Arm	 
	Weighted Average Gross Coupon
	 	 	3.493268	%
	Weighted Average Net Coupon
	 	 	3.116916	%
	Weighted Average Pass-Through Rate
	 	 	3.109416	%
	Weighted Average Maturity (Stepdown Calculation)
	 	 	338	 
	 
	 	 	 	 
	Beginning Scheduled Collateral Loan Count
	 	 	2,255	 
	Number of Loans Paid in Full
	 	 	22	 
	Ending Scheduled Collateral Loan Count
	 	 	2,233	 
	 
	 	 	 	 
	Beginning Scheduled Collateral Balance
	 	 	796,108,047.35	 
	Ending Scheduled Collateral Balance
	 	 	786,320,676.55	 
	Ending Actual Collateral Balance at 30-Nov-2004
	 	 	786,323,898.88	 
	 
	 	 	 	 
	Monthly P&I Constant
	 	 	2,317,656.12	 
	Special Servicing Fee
	 	 	0.00	 
	Prepayment Penalties
	 	 	0.00	 
	Realization Loss Amount
	 	 	0.00	 
	Cumulative Realized Loss
	 	 	0.00	 
	 
	 	 	 	 
	Class A Optimal Amount
	 	 	11,754,612.64	 
	 
	 	 	 	 
	Scheduled Principal
	 	 	140.62	 
	Unscheduled Principal
	 	 	9,787,230.18	 

Miscellaneous Reporting

	 	 	 
	Rapid Prepay Condition?

	 	NO

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Group                                                                           	 	Pool 1	 	 	Pool 2	 	 	Total	 
	 	 	 	 	 	 	 	 	 	 
	Collateral Description
	 	 	Mixed ARM	 	 	 	1 Month LIBOR ARM	 	 	 	Mixed ARM	 
	Weighted Average Coupon Rate
	 	 	3.501127	 	 	 	3.486456	 	 	 	3,493268	 
	Weighted Average Net Rate
	 	 	3.124277	 	 	 	3.110535	 	 	 	3.116916	 
	Pass-Through Rate
	 	 	3.116777	 	 	 	3.103035	 	 	 	3.109416	 
	Weighted Average Maturity
	 	 	336	 	 	 	340	 	 	 	338	 
	Record Date
	 	 	11/30/2004	 	 	 	11/30/2004	 	 	 	11/30/2004	 
	Principal and Interest Constant
	 	 	1,078,511.84	 	 	 	1,239,144.28	 	 	 	2,317,656.12	 
	Beginning Loan Count
	 	 	1,022	 	 	 	1,233	 	 	 	2,255	 
	Loans Paid in Full
	 	 	7	 	 	 	15	 	 	 	22	 
	Ending Loan Count
	 	 	1,015	 	 	 	1,218	 	 	 	2,233	 
	Beginning Scheduled Balance
	 	 	369,656,506.49	 	 	 	426,451,540.86	 	 	 	796,108,047.35	 
	Ending Scheduled Balance
	 	 	364,943,880.28	 	 	 	421,376,796.27	 	 	 	786,320,676.55	 
	Scheduled Principal
	 	 	0.00	 	 	 	140.62	 	 	 	140.62	 
	Unscheduled Principal
	 	 	4,712,626.21	 	 	 	5,074,603.97	 	 	 	9,787,230.18	 
	Scheduled Interest
	 	 	1,078,511.84	 	 	 	1,239,003.66	 	 	 	2,317,515.50	 
	Servicing Fee
	 	 	116,087.26	 	 	 	133,593.39	 	 	 	249,680.65	 
	Master Servicing Fee
	 	 	2,310.35	 	 	 	2,665.32	 	 	 	4,975.67	 
	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
	 	 	960,114.23	 	 	 	1,102,744.95	 	 	 	2,062,859.18	 
	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
Pool One
	 	 	 	 
	One-Month LIBOR Loan Balance
	 	 	199,072,622.84	 
	Six-Month LIBOR Loan Balance
	 	 	165,871,257.44	 
	Principal Transfer Amount
	 	 	0.00	 
	Interest Transfer Amount
	 	 	0.00	 
	Pro Rata Senior Percent
	 	 	95.346599	%
	Senior Percent
	 	 	100.000000	%
	Senior Prepayment Percent
	 	 	100.000000	%
	Subordinate Percent
	 	 	0.000000	%
	Subordinate Prepayment Percent
	 	 	0.000000	%
	 
	 	 	 	 
	Group Pool Two
	 	 	 	 
	Principal Transfer Amount
	 	 	0.00	 
	Interest Transfer Amount
	 	 	0.00	 
	Pro Rata Senior Percent
	 	 	95.380707	%
	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"}]]