8-K 1 ba745459-1_8k.txt CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report: January 30, 2004 (Date of earliest event reported) Commission File No. 333-105940 Banc of America Mortgage Securities, Inc. -------------------------------------------------------------------------------- Delaware 36-4514369 -------------------------------------------------------------------------------- (State of Incorporation) (I.R.S. Employer Identification No.) 201 North Tryon Street, Charlotte, North Carolina 28255 -------------------------------------------------------------------------------- Address of principal executive offices (Zip Code) (704) 387-2111 -------------------------------------------------------------------------------- Registrant's Telephone Number, including area code -------------------------------------------------------------------------------- (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events ------------ On January 30, 2004, Banc of America Mortgage Securities, Inc. (the "Registrant") amended the Pooling and Servicing Agreement, dated January 28, 2003, among the Registrant, as depositor, Bank of America, N.A., as servicer, and Wells Fargo Bank Minnesota, National Association, as trustee, relating to the Registrant's Mortgage Pass-Through Certificates, Series 2003-1. A copy of the amendment is filed as an exhibit hereto. ITEM 7. Financial Statements and Exhibits --------------------------------- (c) Exhibits Item 601(a) of Regulation S-K Exhibit No. Description ----------- ----------- (EX-4) Amendment No. 1, dated January 30, 2004, to Pooling and Servicing Agreement, dated January 28, 2003, among Banc of America Mortgage Securities, Inc., Bank of America, N.A. and Wells Fargo Bank Minnesota, National Association, as trustee. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BANC OF AMERICA MORTGAGE SECURITIES, INC. January 30, 2004 By: /s/ Judy Lowman --------------------------------------- Name: Judy Lowman Title: Vice President INDEX TO EXHIBITS ----------------- Paper (P) or Exhibit No. Description Electronic (E) ----------- ----------- -------------- (EX-4) Amendment No. 1, dated January E 30, 2004, to Pooling and Servicing Agreement, dated January 28, 2003, among Banc of America Mortgage Securities, Inc., Bank of America, N.A. and Wells Fargo Bank Minnesota, National Association, as trustee.

Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 11/30/03 Distribution Date: 12/26/03 BAM Series: 2003-1 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution 1-A-1 05948PAA6 SEN 5.75000% 47,227,658.89 226,299.20 2,018,075.73 1-A-2 05948PAB4 SEN 1.66875% 40,705,871.15 56,606.60 1,739,394.51 1-A-3 05948PAC2 SEN 6.83125% 0.00 231,726.65 0.00 1-A-4 05948PAD0 SEN 5.00000% 149,254,861.14 621,895.25 6,377,779.88 1-A-5 05948PAE8 SEN 5.75000% 54,280,000.00 260,091.67 0.00 1-A-6 05948PAF5 SEN 5.75000% 13,750,000.00 65,885.42 0.00 1-A-7 05948PAG3 SEN 5.75000% 79,125,000.00 379,140.63 0.00 1-A-8 05948PAH1 SEN 5.75000% 6,000,000.00 28,750.00 0.00 1-A-9 05948PAJ7 SEN 6.00000% 3,000,000.00 15,000.00 0.00 1-A-10 05948PAK4 SEN 5.50000% 3,000,000.00 13,750.00 0.00 1-A-11 05948PAL2 SEN 5.75000% 2,400,000.00 11,500.00 0.00 1-A-12 05948PAM0 SEN 5.75000% 2,400,000.00 11,500.00 0.00 1-A-13 05948PAN8 SEN 6.00000% 2,600,000.00 13,000.00 0.00 1-A-14 05948PAP3 SEN 5.50000% 2,600,000.00 11,916.67 0.00 1-A-15 05948PAQ1 SEN 5.75000% 30,000,000.00 143,750.00 0.00 1-A-16 05948PAR9 SEN 5.75000% 720,000.00 3,450.00 0.00 1-A-17 05948PBN7 SEN 5.75000% 875,000.00 4,192.71 0.00 1-A-R 05948PAS7 SEN 5.75000% 0.00 0.00 0.00 1-A-LR 05948PAT5 SEN 5.75000% 0.00 0.01 0.00 2-A-1 05948PAV0 SEN 5.25000% 14,305,830.02 62,588.01 266,067.57 2-A-2 05948PAW8 SEN 5.25000% 78,194,247.53 342,099.83 1,784,939.69 2-A-3 05948PAX6 SEN 5.25000% 20,000,000.00 87,500.00 0.00 2-A-4 05948PAY4 SEN 5.00000% 143,967,935.08 599,866.40 2,677,593.61 2-A-5 05948PAZ1 SEN 5.00000% 720,689.93 3,002.87 13,403.78 2-A-6 05948PBA5 SEN 5.25000% 0.00 30,143.46 0.00 2-A-7 05948PBB3 SEN 5.25000% 0.00 6,108.93 0.00 2-A-8 05948PBC1 SEN 4.50000% 9,774,280.94 36,653.55 223,117.46 A-PO 05948PBE7 PO 0.00000% 997,478.70 0.00 1,741.95 1-B-1 05948PBF4 SUB 5.75000% 9,503,731.49 45,538.71 9,951.97 1-B-2 05948PBG2 SUB 5.75000% 4,751,370.81 22,766.99 4,975.47 1-B-3 05948PBH0 SUB 5.75000% 2,375,685.40 11,383.49 2,487.73 1-B-4 05948PBP2 SUB 5.75000% 1,583,790.27 7,589.00 1,658.49 1-B-5 05948PBQ0 SUB 5.75000% 1,187,842.70 5,691.75 1,243.87 1-B-6 05948PBR8 SUB 5.75000% 1,188,466.32 5,694.73 1,244.52 2-B-1 05948PBJ6 SUB 5.25000% 3,373,621.77 14,759.60 13,469.23 2-B-2 05948PBK3 SUB 5.25000% 964,166.86 4,218.23 3,849.45 2-B-3 05948PBL1 SUB 5.25000% 722,644.02 3,161.57 2,885.17 2-B-4 05948PBS6 SUB 5.25000% 241,522.84 1,056.66 964.28 2-B-5 05948PBT4 SUB 5.25000% 240,560.59 1,052.45 960.44 2-B-6 05948PBU1 SUB 5.25000% 482,859.00 2,112.51 1,927.82 1-A-WIO 05948PAU2 SEN 0.37646% 0.00 120,161.98 0.00 2-A-WIO 05948PBD9 SEN 0.32415% 0.00 69,939.88 0.00 SES 05948PBM9 SEN 0.00000% 0.00 125,812.30 0.00 Totals 732,515,115.45 3,707,357.71 15,147,732.62

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 45,209,583.16 2,244,374.93 0.00 1-A-2 0.00 38,966,476.64 1,796,001.11 0.00 1-A-3 0.00 0.00 231,726.65 0.00 1-A-4 0.00 142,877,081.26 6,999,675.13 0.00 1-A-5 0.00 54,280,000.00 260,091.67 0.00 1-A-6 0.00 13,750,000.00 65,885.42 0.00 1-A-7 0.00 79,125,000.00 379,140.63 0.00 1-A-8 0.00 6,000,000.00 28,750.00 0.00 1-A-9 0.00 3,000,000.00 15,000.00 0.00 1-A-10 0.00 3,000,000.00 13,750.00 0.00 1-A-11 0.00 2,400,000.00 11,500.00 0.00 1-A-12 0.00 2,400,000.00 11,500.00 0.00 1-A-13 0.00 2,600,000.00 13,000.00 0.00 1-A-14 0.00 2,600,000.00 11,916.67 0.00 1-A-15 0.00 30,000,000.00 143,750.00 0.00 1-A-16 0.00 720,000.00 3,450.00 0.00 1-A-17 0.00 875,000.00 4,192.71 0.00 1-A-R 0.00 0.00 0.00 0.00 1-A-LR 0.00 0.00 0.01 0.00 2-A-1 0.00 14,039,762.45 328,655.58 0.00 2-A-2 0.00 76,409,307.84 2,127,039.52 0.00 2-A-3 0.00 20,000,000.00 87,500.00 0.00 2-A-4 0.00 141,290,341.47 3,277,460.01 0.00 2-A-5 0.00 707,286.15 16,406.65 0.00 2-A-6 0.00 0.00 30,143.46 0.00 2-A-7 0.00 0.00 6,108.93 0.00 2-A-8 0.00 9,551,163.48 259,771.01 0.00 A-PO 0.00 995,736.76 1,741.95 0.00 1-B-1 0.00 9,493,779.52 55,490.68 0.00 1-B-2 0.00 4,746,395.34 27,742.46 0.00 1-B-3 0.00 2,373,197.67 13,871.22 0.00 1-B-4 0.00 1,582,131.78 9,247.49 0.00 1-B-5 0.00 1,186,598.84 6,935.62 0.00 1-B-6 0.00 1,187,221.80 6,939.25 0.00 2-B-1 0.00 3,360,152.54 28,228.83 0.00 2-B-2 0.00 960,317.41 8,067.68 0.00 2-B-3 0.00 719,758.86 6,046.74 0.00 2-B-4 0.00 240,558.55 2,020.94 0.00 2-B-5 0.00 239,600.15 2,012.89 0.00 2-B-6 0.00 480,931.18 4,040.33 0.00 1-A-WIO 0.00 0.00 120,161.98 0.00 2-A-WIO 0.00 0.00 69,939.88 0.00 SES 0.00 0.00 125,812.30 0.00 Totals 0.00 717,367,382.85 18,855,090.33 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 Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-A-1 115,000,000.00 47,227,658.89 91,312.62 1,926,763.11 0.00 0.00 1-A-2 99,119,357.00 40,705,871.15 78,703.02 1,660,691.49 0.00 0.00 1-A-3 0.00 0.00 0.00 0.00 0.00 0.00 1-A-4 363,437,643.00 149,254,861.14 288,577.75 6,089,202.12 0.00 0.00 1-A-5 54,280,000.00 54,280,000.00 0.00 0.00 0.00 0.00 1-A-6 13,750,000.00 13,750,000.00 0.00 0.00 0.00 0.00 1-A-7 79,125,000.00 79,125,000.00 0.00 0.00 0.00 0.00 1-A-8 6,000,000.00 6,000,000.00 0.00 0.00 0.00 0.00 1-A-9 3,000,000.00 3,000,000.00 0.00 0.00 0.00 0.00 1-A-10 3,000,000.00 3,000,000.00 0.00 0.00 0.00 0.00 1-A-11 2,400,000.00 2,400,000.00 0.00 0.00 0.00 0.00 1-A-12 2,400,000.00 2,400,000.00 0.00 0.00 0.00 0.00 1-A-13 2,600,000.00 2,600,000.00 0.00 0.00 0.00 0.00 1-A-14 2,600,000.00 2,600,000.00 0.00 0.00 0.00 0.00 1-A-15 30,000,000.00 30,000,000.00 0.00 0.00 0.00 0.00 1-A-16 720,000.00 720,000.00 0.00 0.00 0.00 0.00 1-A-17 875,000.00 875,000.00 0.00 0.00 0.00 0.00 1-A-R 50.00 0.00 0.00 0.00 0.00 0.00 1-A-LR 50.00 0.00 0.00 0.00 0.00 0.00 2-A-1 26,500,000.00 14,305,830.02 57,116.21 208,951.37 0.00 0.00 2-A-2 160,000,000.00 78,194,247.53 383,169.51 1,401,770.18 0.00 0.00 2-A-3 20,000,000.00 20,000,000.00 0.00 0.00 0.00 0.00 2-A-4 266,685,000.00 143,967,935.08 574,793.78 2,102,799.83 0.00 0.00 2-A-5 1,335,000.00 720,689.93 2,877.36 10,526.42 0.00 0.00 2-A-6 0.00 0.00 0.00 0.00 0.00 0.00 2-A-7 0.00 0.00 0.00 0.00 0.00 0.00 2-A-8 20,000,000.00 9,774,280.94 47,896.19 175,221.27 0.00 0.00 A-PO 1,060,171.00 997,478.70 1,445.07 296.88 0.00 0.00 1-B-1 9,601,000.00 9,503,731.49 9,951.97 0.00 0.00 0.00 1-B-2 4,800,000.00 4,751,370.81 4,975.47 0.00 0.00 0.00 1-B-3 2,400,000.00 2,375,685.40 2,487.73 0.00 0.00 0.00 1-B-4 1,600,000.00 1,583,790.27 1,658.49 0.00 0.00 0.00 1-B-5 1,200,000.00 1,187,842.70 1,243.87 0.00 0.00 0.00 1-B-6 1,200,630.00 1,188,466.32 1,244.52 0.00 0.00 0.00 2-B-1 3,506,000.00 3,373,621.77 13,469.23 0.00 0.00 0.00 2-B-2 1,002,000.00 964,166.86 3,849.45 0.00 0.00 0.00 2-B-3 751,000.00 722,644.02 2,885.17 0.00 0.00 0.00 2-B-4 251,000.00 241,522.84 964.28 0.00 0.00 0.00 2-B-5 250,000.00 240,560.59 960.44 0.00 0.00 0.00 2-B-6 501,806.00 482,859.00 1,927.82 0.00 0.00 0.00 1-A-WIO 0.00 0.00 0.00 0.00 0.00 0.00 2-A-WIO 0.00 0.00 0.00 0.00 0.00 0.00 SES 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,300,950,707.00 732,515,115.45 1,571,509.95 13,576,222.67 0.00 0.00 (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 Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1-A-1 2,018,075.73 45,209,583.16 0.39312681 2,018,075.73 1-A-2 1,739,394.51 38,966,476.64 0.39312681 1,739,394.51 1-A-3 0.00 0.00 0.00000000 0.00 1-A-4 6,377,779.88 142,877,081.26 0.39312681 6,377,779.88 1-A-5 0.00 54,280,000.00 1.00000000 0.00 1-A-6 0.00 13,750,000.00 1.00000000 0.00 1-A-7 0.00 79,125,000.00 1.00000000 0.00 1-A-8 0.00 6,000,000.00 1.00000000 0.00 1-A-9 0.00 3,000,000.00 1.00000000 0.00 1-A-10 0.00 3,000,000.00 1.00000000 0.00 1-A-11 0.00 2,400,000.00 1.00000000 0.00 1-A-12 0.00 2,400,000.00 1.00000000 0.00 1-A-13 0.00 2,600,000.00 1.00000000 0.00 1-A-14 0.00 2,600,000.00 1.00000000 0.00 1-A-15 0.00 30,000,000.00 1.00000000 0.00 1-A-16 0.00 720,000.00 1.00000000 0.00 1-A-17 0.00 875,000.00 1.00000000 0.00 1-A-R 0.00 0.00 0.00000000 0.00 1-A-LR 0.00 0.00 0.00000000 0.00 2-A-1 266,067.57 14,039,762.45 0.52980236 266,067.57 2-A-2 1,784,939.69 76,409,307.84 0.47755817 1,784,939.69 2-A-3 0.00 20,000,000.00 1.00000000 0.00 2-A-4 2,677,593.61 141,290,341.47 0.52980236 2,677,593.61 2-A-5 13,403.78 707,286.15 0.52980236 13,403.78 2-A-6 0.00 0.00 0.00000000 0.00 2-A-7 0.00 0.00 0.00000000 0.00 2-A-8 223,117.46 9,551,163.48 0.47755817 223,117.46 A-PO 1,741.95 995,736.76 0.93922279 1,741.95 1-B-1 9,951.97 9,493,779.52 0.98883236 9,951.97 1-B-2 4,975.47 4,746,395.34 0.98883236 4,975.47 1-B-3 2,487.73 2,373,197.67 0.98883236 2,487.73 1-B-4 1,658.49 1,582,131.78 0.98883236 1,658.49 1-B-5 1,243.87 1,186,598.84 0.98883237 1,243.87 1-B-6 1,244.52 1,187,221.80 0.98883236 1,244.52 2-B-1 13,469.23 3,360,152.54 0.95840061 13,469.23 2-B-2 3,849.45 960,317.41 0.95840061 3,849.45 2-B-3 2,885.17 719,758.86 0.95840061 2,885.17 2-B-4 964.28 240,558.55 0.95840060 964.28 2-B-5 960.44 239,600.15 0.95840060 960.44 2-B-6 1,927.82 480,931.18 0.95840062 1,927.82 1-A-WIO 0.00 0.00 0.00000000 0.00 2-A-WIO 0.00 0.00 0.00000000 0.00 SES 0.00 0.00 0.00000000 0.00 Totals 15,147,732.62 717,367,382.85 0.55141780 15,147,732.62

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 115,000,000.00 410.67529470 0.79402278 16.75446183 0.00000000 1-A-2 99,119,357.00 410.67529474 0.79402271 16.75446190 0.00000000 1-A-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-4 363,437,643.00 410.67529469 0.79402273 16.75446184 0.00000000 1-A-5 54,280,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-6 13,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-7 79,125,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-8 6,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-9 3,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-10 3,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-11 2,400,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-12 2,400,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-13 2,600,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-14 2,600,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-15 30,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-16 720,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-17 875,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 26,500,000.00 539.84264226 2.15532868 7.88495736 0.00000000 2-A-2 160,000,000.00 488.71404706 2.39480944 8.76106362 0.00000000 2-A-3 20,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-4 266,685,000.00 539.84264237 2.15532850 7.88495727 0.00000000 2-A-5 1,335,000.00 539.84264419 2.15532584 7.88495880 0.00000000 2-A-6 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-7 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-8 20,000,000.00 488.71404700 2.39480950 8.76106350 0.00000000 A-PO 1,060,171.00 940.86586032 1.36305370 0.28003030 0.00000000 1-B-1 9,601,000.00 989.86891886 1.03655557 0.00000000 0.00000000 1-B-2 4,800,000.00 989.86891875 1.03655625 0.00000000 0.00000000 1-B-3 2,400,000.00 989.86891667 1.03655417 0.00000000 0.00000000 1-B-4 1,600,000.00 989.86891875 1.03655625 0.00000000 0.00000000 1-B-5 1,200,000.00 989.86891667 1.03655833 0.00000000 0.00000000 1-B-6 1,200,630.00 989.86891882 1.03655581 0.00000000 0.00000000 2-B-1 3,506,000.00 962.24237593 3.84176554 0.00000000 0.00000000 2-B-2 1,002,000.00 962.24237525 3.84176647 0.00000000 0.00000000 2-B-3 751,000.00 962.24237017 3.84177097 0.00000000 0.00000000 2-B-4 251,000.00 962.24239044 3.84175299 0.00000000 0.00000000 2-B-5 250,000.00 962.24236000 3.84176000 0.00000000 0.00000000 2-B-6 501,806.00 962.24238052 3.84176355 0.00000000 0.00000000 1-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 SES 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1000.00 Denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A-1 0.00000000 17.54848461 393.12681009 0.39312681 17.54848461 1-A-2 0.00000000 17.54848460 393.12681013 0.39312681 17.54848460 1-A-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-4 0.00000000 17.54848460 393.12681009 0.39312681 17.54848460 1-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-12 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-13 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-14 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-15 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-16 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-17 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 10.04028566 529.80235660 0.52980236 10.04028566 2-A-2 0.00000000 11.15587306 477.55817400 0.47755817 11.15587306 2-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-4 0.00000000 10.04028577 529.80235660 0.52980236 10.04028577 2-A-5 0.00000000 10.04028464 529.80235955 0.52980236 10.04028464 2-A-6 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-7 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-8 0.00000000 11.15587300 477.55817400 0.47755817 11.15587300 A-PO 0.00000000 1.64308399 939.22278576 0.93922279 1.64308399 1-B-1 0.00000000 1.03655557 988.83236330 0.98883236 1.03655557 1-B-2 0.00000000 1.03655625 988.83236250 0.98883236 1.03655625 1-B-3 0.00000000 1.03655417 988.83236250 0.98883236 1.03655417 1-B-4 0.00000000 1.03655625 988.83236250 0.98883236 1.03655625 1-B-5 0.00000000 1.03655833 988.83236667 0.98883237 1.03655833 1-B-6 0.00000000 1.03655581 988.83236301 0.98883236 1.03655581 2-B-1 0.00000000 3.84176554 958.40061038 0.95840061 3.84176554 2-B-2 0.00000000 3.84176647 958.40060878 0.95840061 3.84176647 2-B-3 0.00000000 3.84177097 958.40061252 0.95840061 3.84177097 2-B-4 0.00000000 3.84175299 958.40059761 0.95840060 3.84175299 2-B-5 0.00000000 3.84176000 958.40060000 0.95840060 3.84176000 2-B-6 0.00000000 3.84176355 958.40061697 0.95840062 3.84176355 1-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 SES 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 Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1-A-1 115,000,000.00 5.75000% 47,227,658.89 226,299.20 0.00 0.00 1-A-2 99,119,357.00 1.66875% 40,705,871.15 56,606.60 0.00 0.00 1-A-3 0.00 6.83125% 40,705,871.15 231,726.65 0.00 0.00 1-A-4 363,437,643.00 5.00000% 149,254,861.14 621,895.25 0.00 0.00 1-A-5 54,280,000.00 5.75000% 54,280,000.00 260,091.67 0.00 0.00 1-A-6 13,750,000.00 5.75000% 13,750,000.00 65,885.42 0.00 0.00 1-A-7 79,125,000.00 5.75000% 79,125,000.00 379,140.63 0.00 0.00 1-A-8 6,000,000.00 5.75000% 6,000,000.00 28,750.00 0.00 0.00 1-A-9 3,000,000.00 6.00000% 3,000,000.00 15,000.00 0.00 0.00 1-A-10 3,000,000.00 5.50000% 3,000,000.00 13,750.00 0.00 0.00 1-A-11 2,400,000.00 5.75000% 2,400,000.00 11,500.00 0.00 0.00 1-A-12 2,400,000.00 5.75000% 2,400,000.00 11,500.00 0.00 0.00 1-A-13 2,600,000.00 6.00000% 2,600,000.00 13,000.00 0.00 0.00 1-A-14 2,600,000.00 5.50000% 2,600,000.00 11,916.67 0.00 0.00 1-A-15 30,000,000.00 5.75000% 30,000,000.00 143,750.00 0.00 0.00 1-A-16 720,000.00 5.75000% 720,000.00 3,450.00 0.00 0.00 1-A-17 875,000.00 5.75000% 875,000.00 4,192.71 0.00 0.00 1-A-R 50.00 5.75000% 0.00 0.00 0.00 0.00 1-A-LR 50.00 5.75000% 0.00 0.00 0.00 0.00 2-A-1 26,500,000.00 5.25000% 14,305,830.02 62,588.01 0.00 0.00 2-A-2 160,000,000.00 5.25000% 78,194,247.53 342,099.83 0.00 0.00 2-A-3 20,000,000.00 5.25000% 20,000,000.00 87,500.00 0.00 0.00 2-A-4 266,685,000.00 5.00000% 143,967,935.08 599,866.40 0.00 0.00 2-A-5 1,335,000.00 5.00000% 720,689.93 3,002.87 0.00 0.00 2-A-6 0.00 5.25000% 6,889,934.52 30,143.46 0.00 0.00 2-A-7 0.00 5.25000% 1,396,325.85 6,108.93 0.00 0.00 2-A-8 20,000,000.00 4.50000% 9,774,280.94 36,653.55 0.00 0.00 A-PO 1,060,171.00 0.00000% 997,478.70 0.00 0.00 0.00 1-B-1 9,601,000.00 5.75000% 9,503,731.49 45,538.71 0.00 0.00 1-B-2 4,800,000.00 5.75000% 4,751,370.81 22,766.99 0.00 0.00 1-B-3 2,400,000.00 5.75000% 2,375,685.40 11,383.49 0.00 0.00 1-B-4 1,600,000.00 5.75000% 1,583,790.27 7,589.00 0.00 0.00 1-B-5 1,200,000.00 5.75000% 1,187,842.70 5,691.75 0.00 0.00 1-B-6 1,200,630.00 5.75000% 1,188,466.32 5,694.73 0.00 0.00 2-B-1 3,506,000.00 5.25000% 3,373,621.77 14,759.60 0.00 0.00 2-B-2 1,002,000.00 5.25000% 964,166.86 4,218.23 0.00 0.00 2-B-3 751,000.00 5.25000% 722,644.02 3,161.57 0.00 0.00 2-B-4 251,000.00 5.25000% 241,522.84 1,056.66 0.00 0.00 2-B-5 250,000.00 5.25000% 240,560.59 1,052.45 0.00 0.00 2-B-6 501,806.00 5.25000% 482,859.00 2,112.51 0.00 0.00 1-A-WIO 0.00 0.37646% 383,023,210.33 120,161.98 0.00 0.00 2-A-WIO 0.00 0.32415% 258,916,628.13 69,939.88 0.00 0.00 SES 0.00 0.00000% 732,515,118.28 0.00 0.00 0.00 Totals 1,300,950,707.00 3,581,545.40 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance 1-A-1 0.00 0.00 226,299.20 0.00 45,209,583.16 1-A-2 0.00 0.00 56,606.60 0.00 38,966,476.64 1-A-3 0.00 0.00 231,726.65 0.00 38,966,476.64 1-A-4 0.00 0.00 621,895.25 0.00 142,877,081.26 1-A-5 0.00 0.00 260,091.67 0.00 54,280,000.00 1-A-6 0.00 0.00 65,885.42 0.00 13,750,000.00 1-A-7 0.00 0.00 379,140.63 0.00 79,125,000.00 1-A-8 0.00 0.00 28,750.00 0.00 6,000,000.00 1-A-9 0.00 0.00 15,000.00 0.00 3,000,000.00 1-A-10 0.00 0.00 13,750.00 0.00 3,000,000.00 1-A-11 0.00 0.00 11,500.00 0.00 2,400,000.00 1-A-12 0.00 0.00 11,500.00 0.00 2,400,000.00 1-A-13 0.00 0.00 13,000.00 0.00 2,600,000.00 1-A-14 0.00 0.00 11,916.67 0.00 2,600,000.00 1-A-15 0.00 0.00 143,750.00 0.00 30,000,000.00 1-A-16 0.00 0.00 3,450.00 0.00 720,000.00 1-A-17 0.00 0.00 4,192.71 0.00 875,000.00 1-A-R 0.00 0.00 0.00 0.00 0.00 1-A-LR 0.00 0.00 0.01 0.00 0.00 2-A-1 0.00 0.00 62,588.01 0.00 14,039,762.45 2-A-2 0.00 0.00 342,099.83 0.00 76,409,307.84 2-A-3 0.00 0.00 87,500.00 0.00 20,000,000.00 2-A-4 0.00 0.00 599,866.40 0.00 141,290,341.47 2-A-5 0.00 0.00 3,002.87 0.00 707,286.15 2-A-6 0.00 0.00 30,143.46 0.00 6,761,791.79 2-A-7 0.00 0.00 6,108.93 0.00 1,364,451.93 2-A-8 0.00 0.00 36,653.55 0.00 9,551,163.48 A-PO 0.00 0.00 0.00 0.00 995,736.76 1-B-1 0.00 0.00 45,538.71 0.00 9,493,779.52 1-B-2 0.00 0.00 22,766.99 0.00 4,746,395.34 1-B-3 0.00 0.00 11,383.49 0.00 2,373,197.67 1-B-4 0.00 0.00 7,589.00 0.00 1,582,131.78 1-B-5 0.00 0.00 5,691.75 0.00 1,186,598.84 1-B-6 0.00 0.00 5,694.73 0.00 1,187,221.80 2-B-1 0.00 0.00 14,759.60 0.00 3,360,152.54 2-B-2 0.00 0.00 4,218.23 0.00 960,317.41 2-B-3 0.00 0.00 3,161.57 0.00 719,758.86 2-B-4 0.00 0.00 1,056.66 0.00 240,558.55 2-B-5 0.00 0.00 1,052.45 0.00 239,600.15 2-B-6 0.00 0.00 2,112.51 0.00 480,931.18 1-A-WIO 0.00 0.00 120,161.98 0.00 372,969,516.11 2-A-WIO 0.00 0.00 69,939.88 0.00 254,390,750.63 SES 0.00 0.00 125,812.30 0.00 717,367,385.67 Totals 0.00 0.00 3,707,357.71 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 Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall 1-A-1 115,000,000.00 5.75000% 410.67529470 1.96781913 0.00000000 0.00000000 1-A-2 99,119,357.00 1.66875% 410.67529474 0.57109531 0.00000000 0.00000000 1-A-3 0.00 6.83125% 410.67529474 2.33785465 0.00000000 0.00000000 1-A-4 363,437,643.00 5.00000% 410.67529469 1.71114705 0.00000000 0.00000000 1-A-5 54,280,000.00 5.75000% 1000.00000000 4.79166673 0.00000000 0.00000000 1-A-6 13,750,000.00 5.75000% 1000.00000000 4.79166691 0.00000000 0.00000000 1-A-7 79,125,000.00 5.75000% 1000.00000000 4.79166673 0.00000000 0.00000000 1-A-8 6,000,000.00 5.75000% 1000.00000000 4.79166667 0.00000000 0.00000000 1-A-9 3,000,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 1-A-10 3,000,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 1-A-11 2,400,000.00 5.75000% 1000.00000000 4.79166667 0.00000000 0.00000000 1-A-12 2,400,000.00 5.75000% 1000.00000000 4.79166667 0.00000000 0.00000000 1-A-13 2,600,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 1-A-14 2,600,000.00 5.50000% 1000.00000000 4.58333462 0.00000000 0.00000000 1-A-15 30,000,000.00 5.75000% 1000.00000000 4.79166667 0.00000000 0.00000000 1-A-16 720,000.00 5.75000% 1000.00000000 4.79166667 0.00000000 0.00000000 1-A-17 875,000.00 5.75000% 1000.00000000 4.79166857 0.00000000 0.00000000 1-A-R 50.00 5.75000% 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 50.00 5.75000% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 26,500,000.00 5.25000% 539.84264226 2.36181170 0.00000000 0.00000000 2-A-2 160,000,000.00 5.25000% 488.71404706 2.13812394 0.00000000 0.00000000 2-A-3 20,000,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 2-A-4 266,685,000.00 5.00000% 539.84264237 2.24934436 0.00000000 0.00000000 2-A-5 1,335,000.00 5.00000% 539.84264419 2.24934082 0.00000000 0.00000000 2-A-6 0.00 5.25000% 539.84264808 2.36181131 0.00000000 0.00000000 2-A-7 0.00 5.25000% 488.71419411 2.13812614 0.00000000 0.00000000 2-A-8 20,000,000.00 4.50000% 488.71404700 1.83267750 0.00000000 0.00000000 A-PO 1,060,171.00 0.00000% 940.86586032 0.00000000 0.00000000 0.00000000 1-B-1 9,601,000.00 5.75000% 989.86891886 4.74312155 0.00000000 0.00000000 1-B-2 4,800,000.00 5.75000% 989.86891875 4.74312292 0.00000000 0.00000000 1-B-3 2,400,000.00 5.75000% 989.86891667 4.74312083 0.00000000 0.00000000 1-B-4 1,600,000.00 5.75000% 989.86891875 4.74312500 0.00000000 0.00000000 1-B-5 1,200,000.00 5.75000% 989.86891667 4.74312500 0.00000000 0.00000000 1-B-6 1,200,630.00 5.75000% 989.86891882 4.74311820 0.00000000 0.00000000 2-B-1 3,506,000.00 5.25000% 962.24237593 4.20981175 0.00000000 0.00000000 2-B-2 1,002,000.00 5.25000% 962.24237525 4.20981038 0.00000000 0.00000000 2-B-3 751,000.00 5.25000% 962.24237017 4.20981358 0.00000000 0.00000000 2-B-4 251,000.00 5.25000% 962.24239044 4.20980080 0.00000000 0.00000000 2-B-5 250,000.00 5.25000% 962.24236000 4.20980000 0.00000000 0.00000000 2-B-6 501,806.00 5.25000% 962.24238052 4.20981415 0.00000000 0.00000000 1-A-WIO 0.00 0.37646% 535.00456162 0.16784155 0.00000000 0.00000000 2-A-WIO 0.00 0.32415% 541.49976107 0.14627268 0.00000000 0.00000000 SES 0.00 0.00000% 563.06139288 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000.00 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-A-1 0.00000000 0.00000000 1.96781913 0.00000000 393.12681009 1-A-2 0.00000000 0.00000000 0.57109531 0.00000000 393.12681013 1-A-3 0.00000000 0.00000000 2.33785465 0.00000000 393.12681013 1-A-4 0.00000000 0.00000000 1.71114705 0.00000000 393.12681009 1-A-5 0.00000000 0.00000000 4.79166673 0.00000000 1000.00000000 1-A-6 0.00000000 0.00000000 4.79166691 0.00000000 1000.00000000 1-A-7 0.00000000 0.00000000 4.79166673 0.00000000 1000.00000000 1-A-8 0.00000000 0.00000000 4.79166667 0.00000000 1000.00000000 1-A-9 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 1-A-10 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000 1-A-11 0.00000000 0.00000000 4.79166667 0.00000000 1000.00000000 1-A-12 0.00000000 0.00000000 4.79166667 0.00000000 1000.00000000 1-A-13 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 1-A-14 0.00000000 0.00000000 4.58333462 0.00000000 1000.00000000 1-A-15 0.00000000 0.00000000 4.79166667 0.00000000 1000.00000000 1-A-16 0.00000000 0.00000000 4.79166667 0.00000000 1000.00000000 1-A-17 0.00000000 0.00000000 4.79166857 0.00000000 1000.00000000 1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-LR 0.00000000 0.00000000 0.20000000 0.00000000 0.00000000 2-A-1 0.00000000 0.00000000 2.36181170 0.00000000 529.80235660 2-A-2 0.00000000 0.00000000 2.13812394 0.00000000 477.55817400 2-A-3 0.00000000 0.00000000 4.37500000 0.00000000 1000.00000000 2-A-4 0.00000000 0.00000000 2.24934436 0.00000000 529.80235660 2-A-5 0.00000000 0.00000000 2.24934082 0.00000000 529.80235955 2-A-6 0.00000000 0.00000000 2.36181131 0.00000000 529.80236243 2-A-7 0.00000000 0.00000000 2.13812614 0.00000000 477.55831877 2-A-8 0.00000000 0.00000000 1.83267750 0.00000000 477.55817400 A-PO 0.00000000 0.00000000 0.00000000 0.00000000 939.22278576 1-B-1 0.00000000 0.00000000 4.74312155 0.00000000 988.83236330 1-B-2 0.00000000 0.00000000 4.74312292 0.00000000 988.83236250 1-B-3 0.00000000 0.00000000 4.74312083 0.00000000 988.83236250 1-B-4 0.00000000 0.00000000 4.74312500 0.00000000 988.83236250 1-B-5 0.00000000 0.00000000 4.74312500 0.00000000 988.83236667 1-B-6 0.00000000 0.00000000 4.74311820 0.00000000 988.83236301 2-B-1 0.00000000 0.00000000 4.20981175 0.00000000 958.40061038 2-B-2 0.00000000 0.00000000 4.20981038 0.00000000 958.40060878 2-B-3 0.00000000 0.00000000 4.20981358 0.00000000 958.40061252 2-B-4 0.00000000 0.00000000 4.20980080 0.00000000 958.40059761 2-B-5 0.00000000 0.00000000 4.20980000 0.00000000 958.40060000 2-B-6 0.00000000 0.00000000 4.20981415 0.00000000 958.40061697 1-A-WIO 0.00000000 0.00000000 0.16784155 0.00000000 520.96162082 2-A-WIO 0.00000000 0.00000000 0.14627268 0.00000000 532.03431421 SES 0.00000000 0.00000000 0.09670797 0.00000000 551.41780600 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage A-PO_1 0.00000% 0.00 0.00 893,672.38 892,525.72 95.83983558% A-PO_2 0.00000% 0.00 0.00 103,806.33 103,211.04 80.06876489% SES_1 0.00000% 459,422,952.27 449,264,993.46 0.00 0.00 56.15531649% SES_2 0.00000% 273,092,166.01 268,102,392.21 0.00 0.00 53.52299060%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 18,886,832.64 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 18,886,832.64 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 31,742.31 Payment of Interest and Principal 18,855,090.33 Total Withdrawals (Pool Distribution Amount) 18,886,832.64 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 30,521.45 Trustee Fee - Wells Fargo Bank, N.A. 1,220.86 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 31,742.31

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 8 0 0 0 8 3,679,663.35 0.00 0.00 0.00 3,679,663.35 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 1 0 0 0 1 356,488.38 0.00 0.00 0.00 356,488.38 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 9 0 0 0 9 4,036,151.73 0.00 0.00 0.00 4,036,151.73 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.508582% 0.000000% 0.000000% 0.000000% 0.508582% 0.512010% 0.000000% 0.000000% 0.000000% 0.512010% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.063573% 0.000000% 0.000000% 0.000000% 0.063573% 0.049604% 0.000000% 0.000000% 0.000000% 0.049604% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.572155% 0.000000% 0.000000% 0.000000% 0.572155% 0.561614% 0.000000% 0.000000% 0.000000% 0.561614%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 6 0 0 0 6 2,834,745.54 0.00 0.00 0.00 2,834,745.54 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 1 0 0 0 1 356,488.38 0.00 0.00 0.00 356,488.38 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 7 0 0 0 7 3,191,233.92 0.00 0.00 0.00 3,191,233.92 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.617284% 0.000000% 0.000000% 0.000000% 0.617284% 0.630408% 0.000000% 0.000000% 0.000000% 0.630408% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.102881% 0.000000% 0.000000% 0.000000% 0.102881% 0.079278% 0.000000% 0.000000% 0.000000% 0.079278% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.720165% 0.000000% 0.000000% 0.000000% 0.720165% 0.709686% 0.000000% 0.000000% 0.000000% 0.709686% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 844,917.81 0.00 0.00 0.00 844,917.81 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2 0 0 0 2 844,917.81 0.00 0.00 0.00 844,917.81 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.332779% 0.000000% 0.000000% 0.000000% 0.332779% 0.314093% 0.000000% 0.000000% 0.000000% 0.314093% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.332779% 0.000000% 0.000000% 0.000000% 0.332779% 0.314093% 0.000000% 0.000000% 0.000000% 0.314093%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00

COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.119257% Weighted Average Pass-Through Rate 5.867257% Weighted Average Maturity(Stepdown Calculation ) 346 Beginning Scheduled Collateral Loan Count 1,600 Number Of Loans Paid In Full 27 Ending Scheduled Collateral Loan Count 1,573 Beginning Scheduled Collateral Balance 732,515,118.28 Ending Scheduled Collateral Balance 717,367,385.67 Ending Actual Collateral Balance at 30-Nov-2003 718,670,341.51 Monthly P &I Constant 5,306,883.59 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Non-PO Optimal Amount 18,555,149.99 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 717,367,385.67 Scheduled Principal 1,571,509.94 Unscheduled Principal 13,576,222.67

Miscellaneous Reporting Priority % 17.447087%

Group Level Collateral Statement Group Group 1 Group 2 Total Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 6.304675 5.807329 6.119257 Weighted Average Net Rate 6.054675 5.557329 5.869257 Weighted Average Maturity 346 166 346 Beginning Loan Count 992 608 1,600 Loans Paid In Full 20 7 27 Ending Loan Count 972 601 1,573 Beginning Scheduled Balance 459,422,952.27 273,092,166.01 732,515,118.28 Ending scheduled Balance 449,264,993.46 268,102,392.21 717,367,385.67 Record Date 11/30/2003 11/30/2003 11/30/2003 Principal And Interest Constant 2,894,935.79 2,411,947.80 5,306,883.59 Scheduled Principal 481,175.44 1,090,334.50 1,571,509.94 Unscheduled Principal 9,676,783.37 3,899,439.30 13,576,222.67 Scheduled Interest 2,413,760.35 1,321,613.30 3,735,373.65 Servicing Fees 95,713.11 56,894.19 152,607.30 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 765.71 455.15 1,220.86 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 Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 2,317,281.53 1,264,263.96 3,581,545.49 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.052675 5.555329 5.867257

Miscellaneous Reporting Group Group 1 CPR 22.564547% Subordinate % 4.490638% Subordinate Prepayment % 0.000000% Senior Prepayment % 100.000000% Senior % 95.509362% Group Group 2 CPR 15.909617% Subordinate % 2.207191% Subordinate Prepayment % 0.000000% Senior Prepayment % 100.000000% Senior % 97.792809%

Filing Compare · BANC OF AMERICA MORT SEC INC MORT PASS THR CERT SER 2003-1