8-K 1 gec03c1.txt AUGUST 8K 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 : August 11, 2003 (Date of earliest event reported) Commission File No.: 333-102644-01 GE Commercial Mortgage Corporation Commercial Mortgage Pass-Through Certificates, Series 2003-C1 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-2105559 54-2105560 54-6540608 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On August 11, 2003 a distribution was made to holders of GE Commercial Mortgage Corporation, Commercial Mortgage Pass-Through Certificates, Series 2003-C1. ITEM 7. Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit Number Description (EX-99.1) Monthly report distributed to holders of GE Commercial Mortgage Corporation, Commercial Mortgage Pass-Through Certificates, Series 2003-C1. 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. GE Commercial Mortgage Corporation Commercial Mortgage Pass-Through Certificates, Series 2003-C1 By: Wells Fargo Bank Minnesota, N.A., as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: August 11, 2003 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of GE Commercial Mortgage Corporation, Commercial Mortgage Pass-Through Certificates, Series 2003-C1. Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Rd Columbia, MD 21045-1951 GE Commercial Mortgage Corporation Commercial Mortgage Pass-Through Certificates, Series 2003-C1. For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: 08/11/2003 Record Date: 07/31/2003 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation Detail 6 Ratings Detail 7 Mortgage Loan Detail 17 - 21 Principal Prepayment Detail 22 Historical Detail 23 Delinquency Loan Detail 24 - 25 Specially Serviced Loan Detail 26 - 27 Modified Loan Detail 28 Liquidated Loan Detail 29 Depositor GE Commercial Mortgage Corporation 292 Long Ridge Road Stamford, CT 06927 Contact: General Information Number Phone Number: (203) 357-4000 Master Servicer Bank of America, N.A. 555 South Flower Street 6th Floor Los Angeles, CA 90071 Contact: Anita Roglich Phone Number: (213) 345-0182 Special Servicer Lennar Partners, Inc. 1601 Washington Avenue Suite 800 Miami Beach, FL 33139 Contact: Steve Bruha Phone Number: (305) 229-6614 This report has been compiled from information provided to Wells Fargo Bank MN, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank MN, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank MN, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2003, Wells Fargo Bank Minnesota, N.A.

Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Rate Balance Balance Distribution A-1 36828QAA4 3.091000% 113,697,000.00 ~~111~~110,~~790~~760,~~607~~771.4451 1895,~~029,835~~661.9384 A-2 36828QAB2 4.093000% 108,049,000.00 108,049,000.00 0.00 A-3 36828QAC0 4.371000% 156,269,000.00 156,269,000.00 0.00 A-4 36828QAD8 4.819000% 367,323,000.00 367,323,000.00 0.00 A-1A 36828QAJ5 4.618000% 217,656,000.00 217,~~251~~031,~~484~~676.8912 ~~219~~188,~~808~~669.7761 B 36828QAE6 4.933000% 41,611,000.00 41,611,000.00 0.00 C 36828QAF3 4.975000% 16,347,000.00 16,347,000.00 0.00 D 36828QAK2 5.024000% 25,264,000.00 25,264,000.00 0.00 E 36828QAL0 5.083000% 16,347,000.00 16,347,000.00 0.00 F 36828QAM8 5.546000% 10,403,000.00 10,403,000.00 0.00 G 36828QAN6 5.578000% 16,347,000.00 16,347,000.00 0.00 H 36828QAP1 5.~~754048~~947811% 16,347,000.00 16,347,000.00 0.00 J 36828QAQ9 5.070000% 25,264,000.00 25,264,000.00 0.00 K 36828QAR7 5.070000% 8,916,000.00 8,916,000.00 0.00 L 36828QAS5 5.070000% 7,431,000.00 7,431,000.00 0.00 M 36828QAT3 5.070000% 2,972,000.00 2,972,000.00 0.00 N 36828QAU0 5.070000% 10,403,000.00 10,403,000.00 0.00 O 36828QAV8 5.070000% 5,944,000.00 5,944,000.00 0.00 P 36828QAW6 5.070000% 22,292,057.00 22,292,057.00 0.00 S N/A 0.000000% 0.00 0.00 0.00 R N/A 0.000000% 0.00 0.00 0.00 LR N/A 0.000000% 0.00 0.00 0.00 Totals 1,188,882,057.00 1,~~186~~185,~~571~~321,~~149~~504.3363 1,~~249~~084,~~644~~331.7045

Class CUSIP Interest Prepayment Realized Loss/ Total Ending Current Distribution Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level(1) A-1 36828QAA4 ~~287~~285,~~953~~301.9729 0.00 0.00 1,~~317~~180,~~789~~963.9013 ~~110~~109,~~760~~865,~~771~~109.5167 19.0607% A-2 36828QAB2 368,537.13 0.00 0.00 368,537.13 108,049,000.00 19.0607% A-3 36828QAC0 569,209.83 0.00 0.00 569,209.83 156,269,000.00 19.0607% A-4 36828QAD8 1,475,107.95 0.00 0.00 1,475,107.95 367,323,000.00 19.0607% A-1A 36828QAJ5 ~~836~~835,~~056~~210.1323 0.00 0.00 1,~~055~~023,~~864~~879.9084 ~~217~~216,~~031~~843,~~676~~006.1251 19.0607% B 36828QAE6 171,055.89 0.00 0.00 171,055.89 41,611,000.00 15.5556% C 36828QAF3 67,771.94 0.00 0.00 67,771.94 16,347,000.00 14.1718% D 36828QAK2 105,771.95 0.00 0.00 105,771.95 25,264,000.00 12.0405% E 36828QAL0 69,243.17 0.00 0.00 69,243.17 16,347,000.00 10.6667% F 36828QAM8 48,079.20 0.00 0.00 48,079.20 10,403,000.00 9.7879% G 36828QAN6 75,986.30 0.00 0.00 75,986.30 16,347,000.00 8.4041% H 36828QAP1 7881,~~384~~024.5205 0.00 0.00 7881,~~384~~024.5205 16,347,000.00 7.0203% J 36828QAQ9 106,740.40 0.00 0.00 106,740.40 25,264,000.00 4.89% K 36828QAR7 37,670.10 0.00 0.00 37,670.10 8,916,000.00 4.14% L 36828QAS5 31,395.98 0.00 0.00 31,395.98 7,431,000.00 3.51% M 36828QAT3 12,556.70 0.00 0.00 12,556.70 2,972,000.00 3.26% N 36828QAU0 43,952.68 0.00 0.00 43,952.68 10,403,000.00 2.38% O 36828QAV8 25,113.40 0.00 0.00 25,113.40 5,944,000.00 1.88% P 36828QAW6 9394,~~953~~116.2098 0.00 0.00 9394,~~953~~116.2098 22,292,057.00 0.00% S N/A 0.00 0.00 0.00 0.00 0.00 0.00% R N/A 0.00 0.00 0.00 0.00 0.00 19.0607% LR N/A 0.00 0.00 0.00 0.00 0.00 0.00% Totals 4,~~504~~503,~~540~~845.4417 0.00 0.00 5,~~754~~588,~~185~~176.1462 1,~~185~~184,~~321~~237,~~504~~173.6318

Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount X-1 36828QAG1 0.~~188244~~203724% 1,188,882,057.00 1,~~186~~185,~~571~~321,~~149~~504.3363 X-2 36828QAH9 1.~~113078~~303837% 1,076,741,000.00 1,076,741,000.00

Ending Interest Prepayment Total Notional Class CUSIP Distribution Penalties Distribution Amount X-1 36828QAG1 ~~186~~201,~~137~~232.8522 0.00 ~~186~~201,~~137~~232.8522 1,~~185~~184,~~321~~237,~~504~~173.6318 X-2 36828QAH9 ~~998~~1,~~746~~169,912.8512 0.00 ~~998~~1,~~746~~169,912.8512 1,076,741,000.00 (1) Calculated by taking (A) the sum of the ending certificate balance of all classes less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and dividing the result by (A).

Certificate Factor Detail Realized Loss/ Beginning Principal Interest Prepayment Additional Trust Ending Class CUSIP Balance Distribution Distribution Penalties Fund Expenses Balance A-1 36828QAA4 ~~983~~974.~~23269251~~17496952 97.~~05772298~~87762069 2.~~53264352~~50931238 0.00000000 0.00000000 ~~974~~966.~~17496952~~29734883 A-2 36828QAB2 1,000.00000000 0.00000000 3.41083333 0.00000000 0.00000000 1,000.00000000 A-3 36828QAC0 1,000.00000000 0.00000000 3.64249998 0.00000000 0.00000000 1,000.00000000 A-4 36828QAD8 1,000.00000000 0.00000000 4.01583334 0.00000000 0.00000000 1,000.00000000 A-1A 36828QAJ5 ~~998~~997.~~14149341~~13160271 10.~~00989070~~86682476 3.~~84118118~~83729477 0.00000000 0.00000000 ~~997~~996.~~13160271~~26477795 B 36828QAE6 1,000.00000000 0.00000000 4.11083343 0.00000000 0.00000000 1,000.00000000 C 36828QAF3 1,000.00000000 0.00000000 4.14583349 0.00000000 0.00000000 1,000.00000000 D 36828QAK2 1,000.00000000 0.00000000 4.18666680 0.00000000 0.00000000 1,000.00000000 E 36828QAL0 1,000.00000000 0.00000000 4.23583349 0.00000000 0.00000000 1,000.00000000 F 36828QAM8 1,000.00000000 0.00000000 4.62166683 0.00000000 0.00000000 1,000.00000000 G 36828QAN6 1,000.00000000 0.00000000 4.64833303 0.00000000 0.00000000 1,000.00000000 H 36828QAP1 1,000.00000000 0.00000000 4.~~79504007~~95650884 0.00000000 0.00000000 1,000.00000000 J 36828QAQ9 1,000.00000000 0.00000000 4.22500000 0.00000000 0.00000000 1,000.00000000 K 36828QAR7 1,000.00000000 0.00000000 4.22500000 0.00000000 0.00000000 1,000.00000000 L 36828QAS5 1,000.00000000 0.00000000 4.22500067 0.00000000 0.00000000 1,000.00000000 M 36828QAT3 1,000.00000000 0.00000000 4.22500000 0.00000000 0.00000000 1,000.00000000 N 36828QAU0 1,000.00000000 0.00000000 4.22500048 0.00000000 0.00000000 1,000.00000000 O 36828QAV8 1,000.00000000 0.00000000 4.22500000 0.00000000 0.00000000 1,000.00000000 P 36828QAW6 1,000.00000000 0.00000000 4.~~21464919~~22199620 0.00000000 0.00000000 1,000.00000000 S N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 LR N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000

Beginnning Ending Notional Interest Prepayment Notional Class CUSIP Amount Distribution Penalties Amount X-1 36828QAG1 ~~998~~997.~~05623472~~00512566 0.~~15656545~~16926172 0.00000000 ~~997~~996.~~00512566~~09306592 X-2 36828QAH9 1,000.00000000 01.~~92756461~~08653067 0.00000000 1,000.00000000

Reconciliation Detail Advance Summary P & I Advances Outstanding 21,~~240~~674,~~076~~670.9473 Servicing Advances Outstanding 0.00 Reimbursement for Interest on Advances ~~230~~66.7496 paid from general collections

Master Servicing Fee Summary Current Period Accrued Servicing Fees 58,~~729~~672.1311 Less Delinquent Servicing Fees 1916,~~261~~498.9751 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 1819,~~931~~261.5697 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 5861,~~398~~435.7257

Certificate Interest Reconciliation Class Accrued Net Aggregate ~~Deferred~~ Distributable Distributable Additional Interest Remaining Unpaid Certificate Prepayment ~~Interest~~ Certificate Certificate Trust Fund Distribution Distributable Interest Interest ~~Shortfall~~Shortfa ~~Amount~~ Interest Interest Expenses Certificate Adjustment Interest A-1 ~~287~~285,~~953~~301.9729 0.00 ~~0.00 287~~285,~~953~~301.9729 0.00 0.00 ~~287~~285,~~953~~301.9729 0.00 A-2 368,537.13 0.00 ~~0.00~~ 368,537.13 0.00 0.00 368,537.13 0.00 A-3 569,209.83 0.00 ~~0.00~~ 569,209.83 0.00 0.00 569,209.83 0.00 A-4 1,475,107.95 0.00 ~~0.00~~ 1,475,107.95 0.00 0.00 1,475,107.95 0.00 A-1A ~~836~~835,~~056~~210.1323 0.00 ~~0.00 836~~835,~~056~~210.1323 0.00 0.00 ~~836~~835,~~056~~210.1323 0.00 X-1 ~~186~~201,~~137~~232.8522 0.00 ~~0.00 186~~201,~~137~~232.8522 0.00 0.00 ~~186~~201,~~137~~232.8522 0.00 X-2 ~~998~~1,~~746~~169,912.8512 0.00 ~~0.00 998~~1,~~746~~169,912.8512 0.00 0.00 ~~998~~1,~~746~~169,912.8512 0.00 B 171,055.89 0.00 ~~0.00~~ 171,055.89 0.00 0.00 171,055.89 0.00 C 67,771.94 0.00 ~~0.00~~ 67,771.94 0.00 0.00 67,771.94 0.00 D 105,771.95 0.00 ~~0.00~~ 105,771.95 0.00 0.00 105,771.95 0.00 E 69,243.17 0.00 ~~0.00~~ 69,243.17 0.00 0.00 69,243.17 0.00 F 48,079.20 0.00 ~~0.00~~ 48,079.20 0.00 0.00 48,079.20 0.00 G 75,986.30 0.00 ~~0.00~~ 75,986.30 0.00 0.00 75,986.30 0.00 H 7881,~~384~~024.5205 0.00 ~~0.00 78~~81,~~384~~024.5205 0.00 0.00 7881,~~384~~024.5205 0.00 J 106,740.40 0.00 ~~0.00~~ 106,740.40 0.00 0.00 106,740.40 0.00 K 37,670.10 0.00 ~~0.00~~ 37,670.10 0.00 0.00 37,670.10 0.00 L 31,395.98 0.00 ~~0.00~~ 31,395.98 0.00 0.00 31,395.98 0.00 M 12,556.70 0.00 ~~0.00~~ 12,556.70 0.00 0.00 12,556.70 0.00 N 43,952.68 0.00 ~~0.00~~ 43,952.68 0.00 0.00 43,952.68 0.00 O 25,113.40 0.00 ~~0.00~~ 25,113.40 0.00 0.00 25,113.40 0.00 P 94,183.94 0.00 ~~0.00~~ 94,183.94 0.00 ~~230~~66.7496 9394,~~953~~116.2098 ~~354~~421.7874 Total 5,~~689~~875,~~655~~056.8847 0.00 ~~0.00~~ 5,~~689~~875,~~655~~056.8847 0.00 ~~230~~66.7496 5,~~689~~874,~~425~~989.1451 ~~354~~421.7874

Other Required Information Available Distribution Amount (1) 6,~~939~~959,~~069~~320.8496 Principal Distribution Amount 1,~~249~~084,~~644~~331.7045 (a) Principal portion of Monthly Payments 1,~~249~~084,~~644~~331.7045 and any Assumed Monthly Payments (b) Principal Prepayments 0.00 (c) Collection of Principal on a Balloon 0.00 Loan after its stated Maturity Date (d) Liquidation Proceeds and Insurance 0.00 Proceeds received on a Mortgage Loan (e) Liquidation Proceeds, Insurance Proceeds, 0.00 or REO Revenues received on an REO Plus the excess of the prior Principal Distribution 0.00 Amount over the principal paid to the Sequential ~~Pay Certificates~~ Aggregate Number of Outstanding Loans 134 Aggregate Unpaid Principal Balance of Loans 1,~~185~~184,~~851~~523,~~407~~801.7019 Aggregate Stated Principal Balance of Loans 1,~~185~~184,~~321~~237,~~505~~173.2580 Aggregate Amount of Servicing Fee 5861,~~398~~435.7257 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of ~~Trust~~Trustee Fee 1,~~878~~876.7476 Aggregate Trust Fund Expenses ~~230,74~~66.96 Interest Reserve Deposit 0.00 Interest Reserve Withdrawal 0.00 Excess Liquidation Proceeds Account Balance 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 0~~.00~~ Aggregate Unpaid Principal Balance 0.00

Appraisal Reduction Amount Appraisal Cumulative Date Appraisal Loan Reduction ASER Reduction Number Amount Amount Effected ~~NONE~~

Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 5,~~750~~935,~~263~~605.7439 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments 0.00 ~~Deferred~~D ~~Interest~~ 0.00 Net Prepayment Interest Shortfall 0.00 Net Prepayment Interest Excess 0.00 Extension Interest 0.00 Interest Reserve Withdrawal 0.00 Total Interest Collected 5,~~750~~935,~~263~~605.7439 Principal: Scheduled Principal 1,~~249~~084,~~644~~331.7045 Unscheduled Principal 0.00 Principal Prepayments 0.00 Collection of Principal after Maturity Date 0.00 Recoveries from Liquidation and Insurance Proceeds 0.00 Excess of Prior Principal Amounts paid 0.00 Curtailments 0.00 Negative Amortization 0.00 Principal Adjustments 0.00 Total Principal Collected 1,~~249~~084,~~644~~331.7045 Other: Prepayment Penalties/Yield Maintenance 0.00 Repayment Fees 0.00 Borrower Option Extension Fees 0.00 Equity Payments Received 0.00 Net Swap Counterparty Payments Received 0.00 Total Other Collected: 0.00 Total Funds Collected 67,~~999~~019,~~908~~936.4484 Total Funds Distributed Fees: Master Servicing Fee 58,~~729~~672.1311 Trustee Fee 1,~~878~~876.7476 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 60,~~607~~548.87 Additional Trust Fund Expenses: Reimbursement for Interest on Advances ~~230~~66.7496 ASER Amount 0.00 Special Servicing Fee 0.00 Rating Agency Expenses 0.00 Attorney Fees & Expenses 0.00 Bankruptcy Expense 0.00 Taxes Imposed on Trust Fund 0.00 Non-Recoverable Advances 0.00 Other Expenses 0.00 Total Additional Trust Fund Expenses ~~230~~66.7496 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 05,874,989.0051 Principal Distribution 01,084,331.0045 Prepayment Penalties/Yield Maintenance 0.00 Borrower Option Extension Fees 0.00 Equity Payments Paid 0.00 Net Swap Counterparty Payments Paid 0.00 Total Payments to Certificateholders & Others 6,~~939~~959,~~069~~320.8496 Total Funds Distributed 67,~~999~~019,~~908~~936.4579

Ratings Detail Original Ratings Current Ratings (1) Class CUSIP Fitch Moody's S&P Fitch Moody's S&P A-1 36828QAA4 X Aaa AAA X Aaa AAA A-2 36828QAB2 X Aaa AAA X Aaa AAA A-3 36828QAC0 X Aaa AAA X Aaa AAA A-4 36828QAD8 X Aaa AAA X Aaa AAA A-1A 36828QAJ5 X Aaa AAA X Aaa AAA X-1 36828QAG1 X Aaa AAA X Aaa AAA X-2 ~~36828QAF9~~36828QAH9 X Aaa AAA X Aaa AAA B 36828QAE6 X Aa2 AA X Aa2 AA C 36828QAF3 X Aa3 AA- X Aa3 AA- D 36828QAK2 X A2 A X A2 A E 36828QAL0 X A3 A- X A3 A- F 36828QAM8 X Baa1 BBB+ X Baa1 BBB+ G 36828QAN6 X Baa2 BBB X Baa2 BBB H 36828QAP1 X Baa3 BBB- X Baa3 BBB- J 36828QAQ9 X Ba1 BB+ X Ba1 BB+ K 36828QAR7 X Ba2 BB X Ba2 BB L 36828QAS5 X Ba3 BB- X Ba3 BB- M 36828QAT3 X B1 B+ X B1 B+ N 36828QAU0 X B2 B X B2 B O 36828QAV8 X B3 B- X B3 B- P 36828QAW6 X NR NR X NR NR NR - Designates that the class was not rated by the above agency at the time of original issuance. X - Designates that the above rating agency did not rate any classes in this transaction at the time of original issuance. N/A - Data not available this period. 1) For any class not rated at the time of original issuance by any particular rating agency, no request has been made subsequent to issuance to obtain rating information, if any, from such rating agency. The current ratings were obtained directly from the applicable rating agency within 30 days of the payment date listed above. The ratings may have changed since they were obtained. Because the ratings may have changed, you may want to obtain current ratings directly from the rating agencies. Fitch, Inc. One State Street Plaza New York, New York 10004 (212) 908-0500 Moody's Investors Service 99 Church Street New York, New York 10007 (212) 553-0300 Standard & Poor's Rating Services 55 Water Street New York, New York 10041 (212) 438-2430

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type(1) City State Payment Payment Coupon 3153798 1 OF Dallas TX ~~289~~299,~~693~~350.8329 0.00 4.828% 3162153 2 OF Secaucus NJ ~~177~~183,~~967~~670.0446 5448,~~617~~914.5816 4.865% 3162161 3 OF Philadelphia PA ~~225~~232,~~353~~635.6550 4335,~~276~~994.7388 6.170% 3162179 4 RT Islip NY ~~233~~240,~~398~~946.8334 4234,~~111~~564.9342 6.410% 3162187 5 RT Las Vegas NV ~~208~~215,~~979~~723.0673 4236,~~832~~087.1649 6.000% 3162195 6 MH Vero Beach FL 8588,~~335~~078.1383 2119,~~880~~136.3060 5.350% 3162278 7 MH Vero Beach FL 3536,~~556~~699.3051 97,~~116~~973.8059 5.350% 3147220 8 RT Elk Grove CA ~~132~~136,~~693~~984.6604 2419,~~010~~719.3597 6.420% 3162328 9 MF Bentonville AR ~~104~~107,~~224~~585.1543 2218,~~063~~702.9264 5.940% 3162336 10 OF Fairfax VA ~~103~~106,~~198~~530.7990 2017,~~633~~301.1706 6.070% 3162344 11 MF Framingham MA 8385,~~008~~670.3954 2421,~~389~~727.2409 4.990% 3154465 12 RT El Dorado Hills CA 9598,~~764~~805.2786 3027,~~298~~257.8425 5.770% 3162351 13 RT Albuquerque NM ~~113~~117,~~403~~076.3491 1713,~~328~~655.9235 7.140% 3162203 14 OF Peoria IL 9497,~~457~~505.4045 1916,~~457~~409.2015 6.000% 3146040 15 RT Richardson TX 9699,~~082~~188.3144 1714,~~808~~702.6855 6.300% 3162369 16 OF Los Angeles CA 8487,~~287~~002.5031 1916,~~377~~662.4261 5.680% 3162211 17 RT New York NY 8184,~~609~~239.0546 1815,~~030~~400.7433 5.790% 3147790 18 MF Fairborn OH 9093,~~568~~501.7267 1512,~~365~~432.8893 6.500% 3162229 19 MF Greensboro NC 7982,~~898~~475.8228 1714,~~283~~707.5004 5.835% 3162377 20 MH Torrance CA 6466,~~490~~557.7453 1917,~~330~~263.6687 4.980% 3162385 21 RT Houston TX 7275,~~857~~176.0645 2220,~~321~~001.0364 5.680% 3154507 22 IN Various Various 6466,~~894~~979.0510 1715,~~273~~188.8681 5.250% 3162393 23 IN Irving TX 7274,~~645~~989.1068 1412,~~889~~544.2870 6.000% 883162450 24 RT Virginia Beach VA 6971,~~508~~751.9827 1412,~~574~~332.9263 5.950% 3147709 25 MF St Louis MO 6870,~~771~~989.7582 1412,~~507~~289.0902 5.950% 3162468 26 RT Grapevine TX 6264,~~387~~397.9904 1412,~~499~~490.8277 5.650% 3162237 27 RT Harrisburg PA 6769,~~309~~483.6367 1311,~~198~~024.7773 6.125% 3162476 28 RT Encinitas CA 6365,~~055~~088.0752 1311,~~459~~426.5409 5.900% 3162245 29 MF Wichita KS 6062,~~861~~822.7096 1311,~~673~~711.0882 5.730% 3162252 30 MF Various NY 6062,~~192~~132.8127 1311,~~716~~776.4498 5.670% 3162484 31 RT Houston TX 5456,~~468~~221.7664 1311,~~129~~376.3648 5.550% 3162260 32 RT Waldorf MD 5961,~~640~~566.6694 119,~~715~~789.5931 6.120% 3162492 33 RT New York NY 5658,~~207~~018.1426 1210,~~570~~759.5139 5.770% 3154358 34 OF Plantation FL 5658,~~627~~455.6747 119,~~730~~902.2747 5.920% 3146115 35 OF W Des Moines IA 6466,~~230~~312.9421 108,~~205~~123.2396 6.800% 883163169 36 LO Norfolk VA 5860,~~636~~460.5420 2422,~~052~~228.5387 6.320% 883163177 37 RT La Verne CA 4850,~~562~~181.5025 0.00 5.550% 3163185 38 RT La Jolla CA 4951,~~792~~396.6381 119,~~282~~678.5638 5.720% 883163193 39 MF San Marcos TX 5052,~~470~~097.4652 119,~~031~~404.3125 5.820% 3163201 40 RT Carlsbad CA 5254,~~787~~547.5008 0.00 6.150% 3163219 41 MF Fayetteville AR 5052,~~406~~031.1476 109,~~670~~045.8220 5.940% 3155785 42 OT Various Various 6264,~~200~~215.3475 87,~~999~~219.0479 7.476% 883163227 43 LO Williamsburg VA 4749,~~951~~443.6601 1918,~~669~~178.6227 6.320% 3163235 44 IN Cheektowaga NY 4243,~~529~~899.29 98,~~706~~336.75 5.700% 3163243 45 MF Redl&s CA 4041,~~413~~715.1711 97,~~136~~834.5460 5.740% 3163250 46 RT Littleton CO 3940,~~079~~381.1781 0.00 5.650% 3145836 47 MF Fort Worth TX 4243,~~230~~637.0067 0.00 6.150% 3163268 48 RT San Diego CA 3940,~~000~~300.00 0.00 5.850% 3162286 49 MF Fairfax VA 3536,~~391~~530.4752 87,~~448~~309.6762 5.590% 3162294 50 Various Yonkers NY 3940,~~669~~933.0168 109,~~296~~031.3265 6.500% 3163276 51 MH Various OH 3233,~~281~~318.1726 87,~~533~~496.7263 5.300% 3163284 52 OF W Bloomfield MI 3435,~~435~~544.1130 76,~~887~~778.8768 5.690% 3163292 53 MF San Antonio TX 2930,~~169~~103.6795 98,~~016~~081.1284 4.900% 3163359 54 MF Harrisonburg VA 3435,~~765~~886.4698 76,~~347~~225.2371 5.900% 883154135 55 MF Antioch CA 3334,~~156~~224.1271 76,~~305~~236.2869 5.821% 3163367 56 IN Baton Rouge LA 3233,~~527~~576.55 65,~~998~~949.49 5.850% 3163375 57 MF Fargo ND 3031,~~060~~027.1782 76,~~254~~287.9227 5.500% 3163383 58 SS N Bay Village Miami FL 3334,~~552~~620.6201 98,~~619~~551.1172 6.160% 3154846 59 RT Jacksonville NC 26,~~108~~978.3361 0.00 4.820% 3162500 60 SS N Miami FL 3233,~~586~~623.2126 98,~~452~~415.4641 6.040% 3162518 61 MF Coral Springs FL 3132,~~050~~051.8978 65,~~835~~834.7586 5.800% 3162526 62 SS San Diego CA 3031,~~670~~658.0352 65,~~800~~812.6920 5.780% 3162534 63 OF San Diego CA 2829,~~562~~481.3402 76,~~089~~171.8820 5.470% 883152542 64 LO Williamsburg VA 3233,~~648~~664.8324 1312,~~392~~377.4403 6.320% 883162609 65 RT Naples FL 3031,~~280~~257.4102 65,~~454~~477.3978 5.890% 3162617 66 RT New Cumberl& PA 2829,~~807~~736.9516 65,~~518~~590.9372 5.710% 3162625 67 OF Washington DC 3233,~~166~~061.4694 3130,~~576~~680.1466 6.500% 3162633 68 SS Oxnard CA 26,~~150~~979.9639 98,~~254~~426.5613 5.430% 3162302 69 MF Battle Creek MI 2728,~~200~~078.1553 54,~~475~~596.3597 6.000% 3162641 70 RT Clearwater FL 2526,~~946~~783.5046 54,~~571~~734.7680 5.820% 3162310 71 MH Adrian MI 2526,~~837~~698.5075 0.00 5.850% 3162658 72 SS Simi Valley CA 2627,~~252~~087.4318 76,~~740~~905.5176 6.050% 3162666 73 OF Hollywood CA 2425,~~616~~409.1252 54,~~470~~677.6121 5.760% 3162674 74 MH Garner NC 24,~~207~~987.7685 54,~~476~~696.3021 5.690% 883162682 75 SS Miami FL 2324,~~823~~580.9140 76,~~668~~911.3485 5.700% 883162690 76 LO Chesapeake VA 26,~~060~~871.6920 109,~~690~~879.0150 6.320% 3154192 77 RT Ch&ler AZ 2122,~~502~~194.9133 54,~~450~~759.5715 5.400% 883162708 78 LO YorkTwn VA 25,~~018~~796.2635 109,~~262~~484.4132 6.320% 883162716 79 RT Aurora CO 2223,~~960~~701.9925 54,~~000~~260.5933 5.830% 3162724 80 IN Carlsbad CA 2223,~~417~~140.9763 4,~~980~~257.1044 5.740% 3162732 81 RT San Marcos TX 2324,~~621~~383.0063 43,~~739~~976.4380 6.060% 883162740 82 RT San Marcos CA 2223,~~414~~126.6977 6,~~914~~202.6456 5.890% 883154648 83 MF Millbrook AL 2021,~~810~~480.5507 54,~~097~~428.8028 5.506% 3162757 84 SS Pompano Beach FL 2829,~~866~~803.4999 32,~~742~~804.1262 7.670% 883162765 85 MF Tulsa OK 2021,~~848~~520.8041 4,~~758~~086.4786 5.700% 3162773 86 Various Banning CA 21,~~110~~781.6670 65,~~492~~821.5551 5.840% 883155405 87 MF La Vista NE 2021,~~564~~227.3338 43,~~529~~866.3025 5.750% 3162781 88 MF Pinecrest FL 19,~~210~~829.7010 4,~~636~~018.4404 5.500% 3162799 89 RT Wminster CO 1920,~~496~~124.7842 43,~~614~~986.5490 5.600% 3162807 90 SS Stockton CA 20,~~012~~648.4628 65,~~153~~518.8402 5.900% 883162815 91 SS Washington DC 1920,~~417~~034.2110 65,~~013~~396.6273 5.860% 3154689 92 RT Fayetteville NC 18,~~364~~956.0071 3,~~771~~179.8211 5.980% 3154838 93 RT Wilson NC 1314,~~694~~150.5098 0.00 4.490% 3154614 94 RT Delray Beach FL 1819,~~683~~278.6655 54,~~224~~629.5162 6.200% 883162823 95 SS Albuquerque NM 1718,~~601~~161.9018 54,~~395~~836.3002 5.910% 3162831 96 MH Orl&o FL 1617,~~773~~332.7588 0.00 5.670% 883155603 97 OF Voorhees NJ 1516,~~859~~350.2227 7,~~763~~272.8580 5.622% 3162849 98 RT Louisville KY 16,~~317~~836.7121 54,~~021~~502.3282 5.880% 3162856 99 MH Portl& OR 1314,~~807~~250.8874 43,~~041~~598.4458 5.000% 3162872 100 MF Baton Rouge LA 15,~~167~~648.1314 54,~~040~~559.0706 5.660% 3162880 101 OF Houston TX 1516,~~642~~139.3360 4,~~760~~263.6841 5.890% 3162898 102 RT Wheaton IL 15,~~316~~810.2152 32,~~195~~701.5827 5.900% 3162906 103 SS Murrieta CA 1314,~~974~~416.2189 4,~~945~~502.3365 5.430% 3162914 104 MF Evansville IN 12,~~494~~887.1196 5,~~394~~000.1631 4.870% 3162922 105 SS San Marcos CA 15,~~069~~551.5958 43,~~023~~541.1314 5.870% 883162930 106 RT Richmond VA 1314,~~962~~412.7719 32,~~373~~924.9452 5.510% 3162948 107 RT Conroe TX 14,~~382~~828.8664 6,~~748~~302.2143 5.790% 3162955 108 SS Lancaster CA 1314,~~741~~177.2612 4,~~536~~100.5771 5.680% 883154655 109 SS Las Vegas NV 14,~~247~~700.43 43,~~238~~785.15 6.004% 3162963 110 RT Jonesboro AR 13,~~103~~523.7482 32,~~346~~926.4436 5.800% 883154663 111 MF Richmond CA 13,~~122~~538.1594 43,~~112~~695.1031 5.822% 3162971 112 SS Upl& CA 13,~~421~~848.4328 3,~~974~~547.7186 6.000% 3162989 113 RT W Chester OH 13,~~296~~726.5723 2,~~539~~109.4377 6.200% 3154382 114 MF E Ridge TN 1112,~~958~~344.9507 2,~~785~~400.9482 5.630% 883153731 115 MF Normal IL 1112,~~670~~047.8336 2,~~418~~042.6108 6.000% 3162997 116 SS Stone Mountain GA 11,~~088~~440.0675 32,~~312~~959.6091 5.930% 883163003 117 SS Moreno Valley CA 1112,~~838~~216.3710 32,~~016~~638.1946 6.500% 3163011 118 RT Shreveport LA 10,~~043~~366.0486 21,~~211~~888.9917 5.750% 883154762 119 MH Tucson AZ 10,~~142~~469.6871 21,~~205~~878.8986 5.820% 3163029 120 SS Sherman TX 1011,~~810~~154.1641 32,~~003~~659.9873 6.220% 3163037 121 SS Houston TX 11,~~591~~961.9995 2,~~850~~480.9296 6.700% 883163045 122 RT Coppell TX 10,~~133~~455.5156 32,~~076~~754.4641 5.940% 883163052 123 SS Corpus Christi TX 10,~~510~~845.1027 2,~~782~~447.3619 6.330% 3163060 124 SS Florence KY 10,~~540~~877.8866 2,~~526~~189.5173 6.700% 3163078 125 SS Deer Park TX 910,~~954~~272.8106 2,~~673~~355.0378 6.330% 3163086 126 RT Jensen Beach FL 9,~~212~~505.8596 2,~~706~~413.7362 6.000% 883163102 127 RT Eagan MN 9,~~291~~587.7483 2,~~494~~197.0697 6.350% 3163110 128 MF New York NY 8,~~067~~327.9994 1,~~849~~589.6065 5.640% 883154622 129 MF Columbus GA 7,~~224~~457.5746 1,~~585~~352.3243 5.809% 883163128 130 RT Lubbock TX 8,~~171~~432.6654 21,~~031~~770.5668 6.580% 883154820 131 MF Harrisonburg VA 7,~~455~~686.2575 3,~~249~~018.8232 6.077% 3155041 132 OF Richmond VA 6,~~641~~855.2233 1,~~464~~250.6756 5.760% 3163136 133 MF New York NY 6,~~004~~197.0854 1,~~376~~182.4599 5.640% 3163144 134 MF Henderson TX 56,~~917~~105.2836 1,~~785~~596.0294 5.960% Totals 5,~~750~~935,~~263~~605.7439 1,~~249~~084,~~644~~331.7045

Loan Anticipated Neg Beginning Ending Paid Number Repayment Maturity Amort Scheduled Scheduled Thru Date Date (Y/N) Balance Balance Date 3153798 N/A 01/01/2010 N 72,000,000.00 72,000,000.00 0708/01/2003 3162153 N/A 04/01/2010 N 43,~~897~~842,~~316~~698.4789 43,~~842~~793,~~698~~784.8973 0608/01/2003 3162161 N/A 02/01/2013 N 43,~~828~~785,~~910~~633.1138 43,~~785~~749,~~633~~638.3850 0607/01/2003 3162179 N/A 10/01/2012 N 43,~~694~~651,~~008~~896.1421 43,~~651~~617,~~896~~331.2179 0708/01/2003 3162187 N/A 01/01/2013 N 41,~~795~~752,~~811~~979.4428 41,~~752~~716,~~979~~891.2879 0708/01/2003 3162195 N/A 03/01/2008 N 19,~~140~~118,~~590~~710.3202 19,~~118~~099,~~710~~573.0242 0708/01/2003 3162278 N/A 03/01/2008 N 7,~~975~~966,~~245~~129.9616 7,~~966~~958,~~129~~155.1657 0708/01/2003 3147220 N/A 09/01/2012 N 24,~~802~~778,~~552~~542.4611 24,~~778~~758,~~542~~822.1114 0708/01/2003 3162328 N/A 11/01/2014 N 21,~~055~~033,~~383~~319.3644 21,~~033~~014,~~319~~616.4480 0608/01/2003 3162336 N/A 01/01/2013 N 20,~~401~~381,~~736~~103.8366 20,~~381~~363,~~103~~802.6660 0708/01/2003 3162344 N/A 03/01/2013 N 19,~~961,~~937,547.0076 19,~~937~~915,~~547~~820.7667 0608/01/2003 3154465 N/A 03/01/2013 N 19,~~916~~886,~~311~~012.6480 19,~~886~~858,~~012~~755.8055 0607/01/2003 3162351 N/A 12/01/2011 N 19,~~059~~042,~~384~~056.9806 19,~~042~~028,~~056~~400.0671 0708/01/2003 3162203 N/A 12/01/2012 N 18,~~891~~872,~~480~~023.7252 18,~~872~~855,~~023~~614.5237 0708/01/2003 3146040 N/A 12/01/2012 N 18,~~301~~283,~~391~~583.9123 18,~~283~~268,~~583~~880.2368 0708/01/2003 3162369 N/A 01/01/2013 N 17,~~807~~787,~~218~~841.9856 17,~~787~~771,~~841~~178.5695 0708/01/2003 3162211 N/A 01/01/2013 N 16,~~913~~895,~~793~~762.5278 16,~~895~~880,~~762~~362.7845 0708/01/2003 3147790 N/A 03/01/2013 N 16,~~720~~705,~~379~~013.7082 16,~~705~~692,~~013~~580.8289 0607/01/2003 3162229 N/A 02/01/2013 N 16,~~431~~414,~~634~~351.8636 16,~~414~~399,~~351~~644.3632 0607/01/2003 3162377 N/A 12/01/2007 N 15,~~539~~520,~~936~~605.5993 15,~~520~~503,~~605~~342.9306 0708/01/2003 3162385 N/A 01/01/2013 N 15,~~392~~370,~~336~~015.1714 15,~~370~~350,~~015~~013.1450 0708/01/2003 3154507 N/A 03/01/2008 N 14,~~832~~815,~~926~~652.2842 14,~~815~~800,~~652~~463.4261 0708/01/2003 3162393 N/A 01/01/2013 N 14,~~529~~514,~~020~~130.1688 14,~~514~~501,~~130~~586.8818 0607/01/2003 883162450 N/A 12/01/2012 N 14,~~018~~004,~~617~~042.2735 1413,~~004~~991,~~042~~709.3572 07/01/2003 3147709 N/A 11/01/2012 N 13,~~869~~855,~~933~~426.2314 13,~~855~~843,~~426~~137.1412 07/01/2003 3162468 N/A 01/01/2013 N 13,~~250~~236,~~546~~046.1028 13,~~236~~223,~~046~~555.2851 0708/01/2003 3162237 N/A 01/01/2013 N 13,~~187~~173,~~192~~994.7700 13,~~173~~162,~~994~~969.0027 0607/01/2003 3162476 N/A 12/01/2012 N 12,~~824~~811,~~759~~300.9945 12,~~811~~799,~~300~~874.4536 0708/01/2003 3162245 N/A 02/01/2010 N 12,~~745~~732,~~906~~233.6052 12,~~732~~720,~~233~~521.5270 0608/01/2003 3162252 N/A 03/01/2013 N 12,~~739~~725,~~219~~502.3288 12,~~725~~713,~~502~~725.8890 0608/01/2003 3162484 N/A 01/01/2013 N 11,~~777~~763,~~029~~900.4408 11,~~763~~752,~~900~~523.0860 0708/01/2003 3162260 N/A 01/01/2013 N 11,~~694~~682,~~246~~530.4788 11,~~682~~672,~~530~~741.8857 0607/01/2003 3162492 N/A 12/01/2009 N 11,~~689~~676,~~527~~956.2574 11,~~676~~666,~~956~~197.7435 0708/01/2003 3154358 N/A 04/01/2013 N 11,~~478~~466,~~582~~852.6336 11,~~466~~456,~~852~~949.3689 0708/01/2003 3146115 N/A 09/01/2012 N 11,~~334~~324,~~871~~666.4421 11,~~324~~316,~~666~~542.2125 0708/01/2003 883163169 N/A 01/01/2013 N 11,~~133~~109,~~521~~468.1158 11,~~109~~087,~~468~~239.5871 0708/01/2003 883163177 N/A 01/01/2010 N 10,500,000.00 10,500,000.00 0708/01/2003 3163185 N/A 01/01/2013 N 10,~~446~~434,~~006~~723.5296 10,~~434~~425,~~723~~045.9658 0708/01/2003 883163193 N/A 01/01/2013 N 10,~~406~~395,~~279~~248.8150 10,~~395~~385,~~248~~844.5025 0608/01/2003 3163201 N/A 01/01/2010 N 10,300,000.00 10,300,000.00 0708/01/2003 3163219 N/A 11/01/2014 N 10,~~183~~172,~~058~~387.7694 10,~~172~~163,~~387~~342.9474 0608/01/2003 3155785 N/A 03/01/2013 N 9,~~983~~974,961.0399 9,~~974~~967,~~961~~742.9920 0708/01/2003 883163227 N/A 01/01/2013 N 9,~~104~~085,~~746~~076.1755 9,~~085~~066,~~076~~898.5528 07/01/2003 3163235 N/A 01/01/2013 N 8,~~953~~943,~~535~~828.3762 8,~~943~~935,~~828~~491.6287 0708/01/2003 3163243 N/A 12/01/2012 N 8,~~448~~439,~~745~~608.4288 8,~~439~~431,~~608~~774.8828 0708/01/2003 3163250 N/A 02/01/2010 N 8,300,000.00 8,300,000.00 0708/01/2003 3145836 N/A 10/01/2012 N 8,240,000.00 8,240,000.00 0607/01/2003 3163268 N/A 01/01/2010 N 8,000,000.00 8,000,000.00 0708/01/2003 3162286 N/A 12/01/2012 N 7,~~597~~589,~~453~~005.7710 7,~~589~~581,~~005~~695.1048 0708/01/2003 3162294 N/A 10/01/2012 N 7,~~323~~313,~~509~~212.0169 7,~~313~~304,~~212~~181.6904 0708/01/2003 3163276 N/A 01/01/2008 N 7,~~308~~300,~~944~~410.2048 7,~~300~~292,~~410~~913.4885 0708/01/2003 3163284 N/A 01/01/2013 N 7,~~262~~254,~~237~~349.0518 7,~~254~~247,~~349~~570.1850 0608/01/2003 3163292 N/A 12/01/2007 N 7,~~143~~134,~~592~~576.9482 7,~~134~~126,~~576~~494.8298 0608/01/2003 3163359 N/A 02/01/2013 N 7,~~070~~063,~~940~~593.9976 7,~~063~~057,~~593~~368.7605 0708/01/2003 883154135 N/A 12/01/2012 N 6,~~835~~827,~~138~~833.8860 6,~~827~~821,~~833~~596.6091 0607/01/2003 3163367 N/A 02/01/2013 N 6,~~672~~665,~~318~~319.0556 6,~~665~~659,~~319~~370.56 07 08/01/2003 3163375 N/A 04/01/2013 N 6,~~558~~551,~~583~~328.1422 6,~~551~~545,~~328~~040.2295 0708/01/2003 3163383 N/A 11/01/2012 N 6,~~536~~526,~~223~~604.9483 6,~~526~~518,~~604~~053.8311 0708/01/2003 3154846 N/A 03/01/2010 N 6,500,000.00 6,500,000.00 0607/01/2003 3162500 N/A 03/01/2013 N 6,~~474~~464,~~082~~629.1670 6,~~464~~456,~~629~~214.7029 0708/01/2003 3162518 N/A 01/01/2013 N 6,~~424~~417,~~322~~486.1237 6,~~417~~411,~~486~~651.3751 0708/01/2003 3162526 N/A 01/01/2013 N 6,~~367~~360,~~480~~680.9526 6,~~360~~354,~~680~~868.26 06 08/01/2003 3162534 N/A 01/01/2010 N 6,~~265~~258,~~961~~871.4355 6,~~258~~252,~~871~~700.5535 0708/01/2003 883152542 N/A 01/01/2013 N 6,~~199~~185,~~144~~752.5713 6,~~185~~173,~~752~~375.1310 07/01/2003 883162609 N/A 01/01/2013 N 6,~~169~~162,~~183~~728.1980 6,~~162~~157,~~728~~251.8002 0608/01/2003 3162617 N/A 02/01/2013 N 6,~~054~~047,~~209~~690.8289 6,~~047~~042,~~690~~100.8917 0608/01/2003 3162625 N/A 04/01/2011 N 5,~~938~~906,~~423~~847.2612 5,~~906~~876,~~847~~166.1246 0607/01/2003 3162633 N/A 03/01/2008 N 5,~~779~~769,~~218~~964.5701 5,~~769~~761,~~964~~537.0188 0708/01/2003 3162302 N/A 04/01/2013 N 5,~~440~~434,~~029~~553.3095 5,~~434~~429,~~553~~956.9598 0607/01/2003 3162641 N/A 04/01/2013 N 5,~~349~~344,~~794~~222.3458 5,~~344~~339,~~222~~487.5878 0708/01/2003 3162310 N/A 04/01/2013 N 5,300,000.00 5,300,000.00 0708/01/2003 3162658 N/A 12/01/2012 N 5,~~207~~199,~~093~~352.3887 5,~~199~~192,~~352~~447.8711 0708/01/2003 3162666 N/A 02/01/2013 N 5,~~128~~122,~~358~~887.2665 5,~~122~~118,~~887~~210.6544 0708/01/2003 3162674 N/A 03/01/2013 N 5,~~105~~099,~~327~~851.3808 5,~~099~~095,~~851~~154.0887 0708/01/2003 883162682 N/A 04/01/2013 N 5,~~015~~007,~~559~~891.6127 5,~~007~~000,~~891~~979.2742 0708/01/2003 883162690 N/A 01/01/2013 N 4,~~948~~937,~~231~~541.6059 4,~~937~~927,~~541~~662.5909 07/01/2003 3154192 N/A 02/01/2008 N 4,~~778~~772,~~424~~973.5194 4,~~772~~768,~~973~~214.9479 0608/01/2003 883162708 N/A 01/01/2013 N 4,~~750~~740,~~302~~039.3493 4,~~740~~730,~~039~~555.9361 07/01/2003 883162716 N/A 01/01/2013 N 4,~~726~~721,104.7415 4,~~721~~716,~~104~~843.1582 0708/01/2003 3162724 N/A 03/01/2013 N 4,~~686~~681,~~684~~704.6454 4,~~681~~677,~~704~~447.5410 0708/01/2003 3162732 N/A 01/01/2013 N 4,~~677~~672,~~425~~686.7330 4,~~672~~668,~~686~~709.3050 0607/01/2003 883162740 N/A 01/01/2013 N 4,~~566~~559,~~659~~745.8319 4,~~559~~553,~~745~~542.1963 0608/01/2003 883154648 N/A 01/01/2013 N 4,~~535~~530,~~536~~438.5070 4,~~530~~526,~~438~~010.7042 0708/01/2003 3162757 N/A 07/01/2011 N 4,~~516~~512,~~270~~528.1806 4,~~512~~509,~~528~~723.0644 0708/01/2003 883162765 N/A 01/01/2013 N 4,~~389~~384,~~222~~463.0053 4,~~384~~380,~~463~~376.5367 0708/01/2003 3162773 N/A 04/01/2013 N 4,~~337~~331,~~806~~314.8934 4,~~331~~325,~~314~~492.3483 07/01/2003 883155405 N/A 04/01/2013 N 4,~~291~~287,~~685~~156.6535 4,~~287~~283,~~156~~290.3510 0607/01/2003 3162781 N/A 04/01/2013 N 4,~~191~~186,~~425~~789.6117 4,~~186~~182,~~789~~771.1713 0708/01/2003 3162799 N/A 01/01/2013 N 4,~~177~~173,~~882~~267.1157 4,~~173~~169,~~267~~280.5767 0708/01/2003 3162807 N/A 01/01/2013 N 4,~~070~~064,~~330~~177.9915 4,~~064~~058,~~177~~659.1513 0708/01/2003 883162815 N/A 02/01/2013 N 3,~~976~~970,~~219~~206.6705 3,~~970~~964,~~206~~809.0532 0708/01/2003 3154689 N/A 02/01/2013 N 3,~~685~~681,~~084~~312.0119 3,~~681~~678,~~312~~133.1908 0607/01/2003 3154838 N/A 03/01/2010 N 3,660,000.00 3,660,000.00 0607/01/2003 3154614 N/A 01/01/2013 N 3,~~616~~610,~~191~~967.9241 3,~~610~~606,~~967~~337.4179 07/01/2003 883162823 N/A 01/01/2013 N 3,~~573~~568,~~990~~595.5525 3,~~568~~563,~~595~~759.2523 0708/01/2003 3162831 N/A 12/01/2012 N 3,550,000.00 3,550,000.00 07/01/2003 883155603 N/A 04/01/2013 N 3,~~385~~377,~~105~~341.5873 3,~~377~~370,~~341~~068.7393 0607/01/2003 3162849 N/A 02/01/2013 N 3,~~330~~325,~~144~~123.3402 3,~~325~~320,~~123~~620.0220 0708/01/2003 3162856 N/A 03/01/2008 N 3,~~313~~309,~~890~~849.9450 3,~~309~~306,~~849~~250.5092 0708/01/2003 3162872 N/A 01/01/2013 N 3,~~215~~210,~~646~~606.6558 3,~~210~~206,~~606~~047.5852 0708/01/2003 3162880 N/A 03/01/2013 N 3,~~186~~182,~~892~~131.5183 3,~~182~~177,~~131~~868.8342 0708/01/2003 3162898 N/A 04/01/2013 N 3,~~115~~111,~~161~~966.6608 3,~~111~~109,~~966~~264.0881 0708/01/2003 3162906 N/A 03/01/2008 N 3,~~088~~083,~~223~~277.2693 3,~~083~~078,~~277~~775.9328 0708/01/2003 3162914 N/A 02/01/2008 N 3,~~078~~073,~~630~~236.7761 3,~~073~~068,236.6130 0607/01/2003 3162922 N/A 01/01/2013 N 3,~~080~~076,~~666~~643.7764 3,~~076~~073,~~643~~102.6450 0608/01/2003 883162930 N/A 03/01/2013 N 3,~~040~~037,~~894~~520.6470 3,~~037~~034,~~520~~596.7018 0708/01/2003 3162948 N/A 03/01/2013 N 2,~~980~~974,~~902~~154.8968 2,~~974~~967,~~154~~852.6825 0708/01/2003 3162955 N/A 01/01/2008 N 2,~~903~~898,~~083~~546.5194 2,~~898~~894,~~546~~446.9423 0708/01/2003 883154655 N/A 01/01/2013 N 2,~~847~~843,~~587~~349.2409 2,~~843~~839,~~349~~563.0994 0708/01/2003 3162963 N/A 12/01/2012 N 2,~~711~~707,~~119~~772.0157 2,~~707~~704,~~772~~846.5721 0708/01/2003 883154663 N/A 02/01/2013 N 2,~~704~~700,~~668~~556.1101 2,~~700~~696,~~556~~860.0170 0708/01/2003 3162971 N/A 02/01/2008 N 2,~~684~~680,~~286~~311.2655 2,~~680~~676,~~311~~763.5569 0607/01/2003 3162989 N/A 01/01/2013 N 2,~~573~~570,~~529~~990.4401 2,~~570~~568,~~990~~880.0124 0607/01/2003 3154382 N/A 02/01/2013 N 2,~~548~~546,~~976~~190.4349 2,~~546~~543,~~190~~789.4967 0607/01/2003 883153731 N/A 11/01/2012 N 2,~~334~~331,~~166~~747.5594 2,~~331~~329,~~747~~705.9486 0708/01/2003 3162997 N/A 04/01/2013 N 2,~~243~~240,~~790~~477.0545 2,~~240~~237,~~477~~517.4554 0708/01/2003 883163003 N/A 01/01/2013 N 2,~~185~~182,~~545~~529.4324 2,~~182~~179,~~529~~890.2478 0708/01/2003 3163011 N/A 04/01/2013 N 2,~~095~~093,~~939~~727.5051 2,~~093~~091,~~727~~839.5134 0708/01/2003 883154762 N/A 02/01/2013 N 2,~~091~~089,~~274~~068.3546 2,~~089~~087,~~068~~189.4660 0708/01/2003 3163029 N/A 01/01/2013 N 2,~~085~~082,~~562~~558.3032 2,~~082~~079,~~558~~898.3259 0708/01/2003 3163037 N/A 09/01/2007 N 2,~~076~~073,~~178~~327.2028 2,~~073~~070,~~327~~846.2832 0708/01/2003 883163045 N/A 01/01/2013 N 2,~~047~~044,~~173~~096.3488 2,~~044~~041,~~096~~342.8847 0708/01/2003 883163052 N/A 03/01/2013 N 1,~~992~~989,~~435~~652.3094 1,~~989~~987,~~652~~205.9475 0708/01/2003 3163060 N/A 01/01/2013 N 1,~~887~~885,~~918~~391.2372 1,~~885~~883,~~391~~201.7299 0708/01/2003 3163078 N/A 01/01/2008 N 1,~~887~~884,~~167~~494.2118 1,~~884~~882,~~494~~138.1840 0708/01/2003 3163086 N/A 03/01/2013 N 1,~~842~~839,~~570~~863.0633 1,~~839~~837,~~863~~449.3371 07/01/2003 883163102 N/A 12/01/2012 N 1,~~755~~753,~~919~~425.8175 1,~~753~~751,~~425~~227.7578 0708/01/2003 3163110 N/A 04/01/2013 N 1,~~716~~714,~~593~~743.3878 1,~~714~~713,~~743~~154.7813 0708/01/2003 883154622 N/A 01/01/2013 N 1,~~492~~490,~~422~~837.3907 1,~~490~~489,~~837~~484.0764 0607/01/2003 883163128 N/A 01/01/2013 N 1,~~490~~488,~~272~~240.4185 1,~~488~~486,~~240~~470.8517 0708/01/2003 883154820 N/A 02/01/2013 N 1,~~472~~468,~~156~~906.3755 1,~~468~~465,~~906~~888.5523 0708/01/2003 3155041 N/A 03/01/2013 N 1,~~383~~382,~~587~~122.1952 1,~~382~~380,~~122~~871.5296 0607/01/2003 3163136 N/A 04/01/2013 N 1,~~277~~276,~~464~~088.8540 1,~~276~~274,~~088~~905.4041 0708/01/2003 3163144 N/A 01/01/2013 N 1,~~191~~189,~~398~~613.9492 1,~~189~~188,~~613~~016.9298 0708/01/2003 Totals 1,~~186~~185,~~571~~321,~~149~~505.9525 1,~~185~~184,~~321~~237,~~505~~173.2580

Principal Prepayment Detail No Principal Prepayments this Period

Historical Detail Delinquencies Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure REO Modifications Date # Balance # Balance # Balance # Balance # Balance # Balance 08/11/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 07/10/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 06/10/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 05/12/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00

Prepayments Distribution Curtailments Payoff Date # Amount # Amount 08/11/2003 0 $0.00 0 $0.00 07/10/2003 0 $0.00 0 $0.00 06/10/2003 0 $0.00 0 $0.00 05/12/2003 0 $0.00 0 $0.00

Rate and Maturities Distribution Next Weighted Avg. WAM Date Coupon Remit 08/11/2003 5.815208% 5.753905% 102 07/10/2003 5.815267% 5.753968% 103 06/10/2003 5.815342% 5.754048% 104 05/12/2003 5.815399% 5.754110% 105 Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.

Delinquency Loan Detail Offering # of Paid Current Outstanding Status of Loan Number Document Months Through P & I P & I Mortgage Cross-Reference Delinq. Date Advances Advances** Loan(1) ~~3162153 2 0 06/01/2003 232,584.62 232,584.62 A~~ 3162161 3 0 0607/01/2003 268,630.38 268,630.38 A ~~3162328 9 0 06/01/2003 126,288.07 126,288.07 A 3162344 11 0 06/01/2003 107,397.63 107,397.63 A~~ 3154465 12 0 0607/01/2003 126,063.11 126,063.11 A 3147790 18 0 0607/01/2003 105,934.60 105,934.60 A 3162229 19 0 0607/01/2003 97,182.32 97,182.32 A 3162393 23 0 0607/01/2003 87,534.38 87,534.38 A ~~3162237~~883162450 2724 0 0607/01/2003 8084,~~508~~083.4090 8084,~~508~~083.4090 A ~~3162245~~3147709 2925 0 0607/01/2003 7483,~~534~~278.7884 7483,~~534~~278.7884 A ~~3162252~~3162237 3027 0 0607/01/2003 7380,~~909~~508.2540 7380,~~909~~508.2540 A 3162260 32 0 0607/01/2003 71,356.25 71,356.25 A ~~883163193~~883163227 3943 0 0607/01/2003 6067,~~981~~621.4628 6067,~~981~~621.4628 A ~~3163219 41 0 06/01/2003 61,076.96 61,076.96 A~~ 3145836 47 0 0607/01/2003 4243,~~230~~637.0067 4243,~~230~~637.0067 A ~~3163284 52 0 06/01/2003 42,322.98 42,322.98 A 3163292 53 0 06/01/2003 38,185.79 38,185.79 A~~ 883154135 55 0 0607/01/2003 40,461.40 40,461.40 A 3154846 59 0 0607/01/2003 26,~~108~~978.3361 26,~~108~~978.3361 A ~~3162526~~883152542 6264 0 0607/01/2003 3746,~~470~~041.7227 3746,~~470~~041.7227 A ~~883162609~~3162625 6567 0 0607/01/2003 3663,~~734~~742.8060 3663,~~734~~742.8060 A ~~3162617~~3162302 6669 0 0607/01/2003 3532,~~326~~675.8850 3532,~~326~~675.8850 A ~~3162625~~883162690 6776 0 0607/01/2003 6336,~~742~~750.6070 6336,~~742~~750.6070 A ~~3162302~~883162708 6978 0 0607/01/2003 3235,~~675~~280.5067 3235,~~675~~280.5067 A ~~3154192 77 0 06/01/2003 26,953.48 26,953.48 A~~ 3162732 81 0 0607/01/2003 28,360.43 28,360.43 A ~~883162740~~3162773 8286 0 0607/01/2003 2927,~~101~~603.0021 2927,~~101~~603.0021 A 883155405 87 0 0607/01/2003 25,093.63 25,093.63 A 3154689 92 0 0607/01/2003 22,135.82 22,135.82 A 3154838 93 0 0607/01/2003 1314,~~694~~150.5098 1314,~~694~~150.5098 A ~~883155603~~3154614 9794 0 0607/01/2003 23,~~623~~908.0717 23,~~623~~908.0717 AB ~~3162914~~3162831 ~~104~~96 0 0607/01/2003 17,~~888~~332.2788 17,~~888~~332.2788 A ~~3162922~~883155603 ~~105~~97 0 0607/01/2003 1923,~~092~~623.7207 1923,~~092~~623.7207 A 3162914 104 0 07/01/2003 17,888.27 17,888.27 A 3162971 112 0 0607/01/2003 17,396.14 17,396.14 A 3162989 113 0 0607/01/2003 15,836.00 15,836.00 A 3154382 114 0 0607/01/2003 14,744.89 14,744.89 A 3163086 126 0 07/01/2003 11,919.58 11,919.58 A 883154622 129 0 0607/01/2003 8,809.89 8,809.89 A 3155041 132 0 0607/01/2003 8,105.89 8,105.89 A Totals 3833 21,~~240~~674,~~076~~670.9473 21,~~240~~674,~~076~~670.9473

Resolution Actual Outstanding Loan Number Strategy Servicing Foreclosure Principal Servicing Bankruptcy REO Code(2) Transfer Date Date Balance Advances Date Date ~~3162153 43,897,316.47 0.00~~ 3162161 43,~~828~~785,~~910~~633.1138 0.00 ~~3162328 21,055,383.36 0.00 3162344 19,961,937.00 0.00~~ 3154465 19,~~916~~886,~~311~~012.6480 0.00 3147790 16,~~720~~705,~~379~~013.7082 0.00 3162229 16,~~431~~414,~~634~~351.8636 0.00 3162393 14,~~529~~514,~~020~~130.1688 0.00 ~~3162237~~883162450 1314,~~187~~004,~~192~~042.7735 0.00 ~~3162245~~3147709 1213,~~745~~855,~~906~~426.6014 0.00 ~~3162252~~3162237 1213,~~739~~173,~~219~~994.3200 0.00 3162260 11,~~694~~682,~~246~~530.4788 0.00 ~~883163193~~883163227 109,~~406~~085,~~279~~076.8155 0.00 ~~3163219 10,183,058.76 0.00~~ 3145836 8,240,000.00 0.00 ~~3163284~~883154135 76,~~262~~827,~~237~~833.0560 0.00 ~~3163292~~3154846 76,~~143~~500,~~592~~000.9400 0.00 ~~883154135~~883152542 6,~~835~~185,~~138~~752.8813 0.00 ~~3154846~~3162625 65,~~500~~906,~~000~~847.0012 0.00 ~~3162526~~3162302 65,~~367~~434,~~480~~553.95 0.00 ~~883162609~~883162690 64,~~169~~937,~~183~~541.1959 0.00 ~~3162617~~883162708 64,~~054~~740,~~209~~039.8293 0.00 ~~3162625~~3162732 54,~~938~~672,~~423~~686.~~26 0.00 3162302 5,440,029.~~30 0.00 ~~3154192~~3162773 4,~~778~~331,~~424~~314.5134 0.00 ~~3162732~~883155405 4,~~677~~287,~~425~~156.7335 0.00 ~~883162740~~3154689 43,~~566~~681,~~659~~312.8319 0.00 ~~883155405~~3154838 43,~~291~~660,~~685~~000.6500 0.00 ~~3154689~~3154614 3,~~685~~610,~~084~~967.0141 0.00 ~~3154838~~3162831 3,~~660~~550,000.00 0.00 883155603 3,~~385~~377,~~105~~341.5873 0.00 3162914 3,~~078~~073,~~630~~236.7761 0.00 ~~3162922~~3162971 32,~~080~~680,~~666~~311.7755 0.00 ~~3162971~~3162989 2,~~684~~570,~~286~~990.2601 0.00 ~~3162989~~3154382 2,~~573~~546,~~529~~190.4449 0.00 ~~3154382~~3163086 21,~~548~~839,~~976~~863.4333 0.00 883154622 1,~~492~~490,~~422~~837.3907 0.00 3155041 1,~~383~~382,~~587~~122.1952 0.00 Totals ~~379~~268,~~133~~633,~~576~~110.9838 0.00

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances Balance Advances Totals by Delinquency Code: Total for Status Code = A (3832 loan) 21,~~240~~650,~~076~~762.9456 21,~~240~~650,~~076~~762.9456 ~~379~~265,~~133~~022,~~576~~142.9897 0.00 Total for Status Code = B ( 1 loan) 23,908.17 23,908.17 3,610,967.41 0.00 (1) Status of Mortgage Loan A- Payment Not Received But Still in Grace Period B- Late Payment But Less Than 1 Month Delinquent 0- Current 1- One Month Delinquent 2- Two Months Delinquent 3- Three Or More Months Delinquent 4- Assumed Scheduled Payment (Performing Matured Balloon) 7- Foreclosure 9- REO (2) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10- Deed In Lieu Of Foreclosure 11- Full Payoff 12- Reps and Warranties 13- Other or TBD **Outstanding P & I Advances include the current period advance.

Specially Serviced Loan Detail - Part 1 No Specially Serviced Loans this Period Specially Serviced Loan Detail - Part 2 No Specially Serviced Loans this Period Modified Loan Detail No Modified Loans Liquidated Loan Detail No Liquidated Loans

Filing Compare · GE COMMERCIAL MORT CORP COM MORT PS THR CERTS SER 2003-C1