8-K 1 wfm0300d.txt AUGUST 8-K UNITED STATES 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 (Date of earliest event reported): August 25, 2003 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-D Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-98129-11 02-0686997 Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 Former name or former address, if changed since last report) ITEM 5. Other Events On August 25, 2003 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2003-D Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-D Trust, relating to the August 25, 2003 distribution. 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-D Trust By: Wells Fargo Bank Minnesota, N.A., as Master Servicer By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 8/28/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-D Trust, relating to the August 25, 2003 distribution. EX-99.1

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 67/3031/03 Distribution Date: 78/25/03 WFMBS Series: 2003-D 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 A-1 949911AA9 SEQ 4.~~91207~~90659% ~~326~~290,~~293~~581,~~101~~938.2865 1,~~335~~188,~~646~~138.2895 3537,~~711~~837,~~162~~419.6310 A-R 949911AB7 SEQ 4.~~90649~~90565% 0.00 0.00 0.00 B-1 949911AC5 SUB 4.~~91207~~90659% 5,~~785~~780,~~194~~447.0520 23,~~681~~635.0824 4,~~746~~648.8570 B-2 949911AD3 SUB 4.~~91207~~90659% 1,~~995~~993,~~169~~532.4235 8,~~167~~151.0121 1,~~637~~603.0722 B-3 949911AE1 SUB 4.~~91207~~90659% ~~996~~995,~~588~~770.1241 4,~~079~~071.4353 ~~817~~800.7281 B-4 949911AF8 SUB 4.~~91207~~90659% ~~798~~797,~~267~~612.09 3,~~267~~261.6230 ~~654~~641.9945 B-5 949911AG6 SUB 4.~~91207~~90659% 598,~~949~~458.4601 2,~~451~~446.7499 ~~491~~481.4529 B-6 949911AH4 SUB 4.~~91207~~90659% 598,~~575~~084.4127 2,~~450~~445.2146 ~~491~~480.1499 Totals ~~337~~301,~~065~~345,~~844~~842.8398 1,~~379~~232,~~743~~150.3768 3537,~~720~~846,~~001~~075.8556

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~290~~252,~~581~~744,~~938~~519.6556 3739,~~046~~025,~~808~~558.9105 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 5,~~780~~775,~~447~~798.2050 28,~~427~~283.9394 0.00 B-2 0.00 1,~~993~~991,~~532~~929.3513 9,~~804~~754.0843 0.00 B-3 0.00 ~~995~~994,~~770~~969.4160 4,~~897~~872.1534 0.00 B-4 0.00 ~~797~~796,~~612~~970.0965 3,~~922~~902.6175 0.00 B-5 0.00 ~~598~~597,~~458~~976.0173 2,~~943~~928.1928 0.00 B-6 0.00 ~~598~~597,~~084~~603.2728 2,~~941~~926.3545 0.00 Totals 0.00 ~~301~~263,~~345~~499,~~842~~767.9845 3739,~~099~~078,~~745~~226.2224 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) A-1 389,522,000.00 ~~326~~290,~~293~~581,~~101~~938.2865 ~~267~~233,~~729~~689.0532 3537,~~443~~603,~~433~~729.5878 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 5,805,000.00 5,~~785~~780,~~194~~447.0520 4,~~746~~648.8570 0.00 0.00 0.00 B-2 2,002,000.00 1,~~995~~993,~~169~~532.4235 1,~~637~~603.0722 0.00 0.00 0.00 B-3 1,000,000.00 ~~996~~995,~~588~~770.1241 ~~817~~800.7281 0.00 0.00 0.00 B-4 801,000.00 ~~798~~797,~~267~~612.09 ~~654~~641.9945 0.00 0.00 0.00 B-5 601,000.00 598,~~949~~458.4601 ~~491~~481.4529 0.00 0.00 0.00 B-6 600,624.67 598,~~575~~084.4127 ~~491~~480.1499 0.00 0.00 0.00 Totals 400,331,724.67 ~~337~~301,~~065~~345,~~844~~842.8398 ~~276~~242,~~568~~345.2778 3537,~~443~~603,~~433~~729.5878 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 A-1 3537,~~711~~837,~~162~~419.6310 ~~290~~252,~~581~~744,~~938~~519.6556 0.~~74599622~~64885814 3537,~~711~~837,~~162~~419.6310 A-R 0.00 0.00 0.00000000 0.00 B-1 4,~~746~~648.8570 5,~~780~~775,~~447~~798.2050 0.~~99577040~~99496960 4,~~746~~648.8570 B-2 1,~~637~~603.0722 1,~~993~~991,~~532~~929.3513 0.~~99577040~~99496960 1,~~637~~603.0722 B-3 ~~817~~800.7281 ~~995~~994,~~770~~969.4160 0.~~99577041~~99496960 ~~817~~800.7281 B-4 ~~654~~641.9945 ~~797~~796,~~612~~970.0965 0.~~99577040~~99496960 ~~654~~641.9945 B-5 ~~491~~481.4529 ~~598~~597,~~458~~976.0173 0.~~99577040~~99496960 ~~491~~481.4529 B-6 ~~491~~480.1499 ~~598~~597,~~084~~603.2728 0.~~99577040~~99496959 ~~491~~480.1499 Totals 3537,~~720~~846,~~001~~075.8556 ~~301~~263,~~345~~499,~~842~~767.9845 0.~~75274035~~65820356 3537,~~720~~846,~~001~~075.8556

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 389,522,000.00 ~~837~~745.~~67566731~~99621754 0.~~68732716~~59993869 9096.~~99212260~~53814105 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 5,805,000.00 ~~996~~995.~~58812231~~77040482 0.~~81771748~~80080965 0.00000000 0.00000000 B-2 2,002,000.00 ~~996~~995.~~58812188~~77040460 0.~~81771728~~80080919 0.00000000 0.00000000 B-3 1,000,000.00 ~~996~~995.~~58812000~~77041000 0.~~81772000~~80081000 0.00000000 0.00000000 B-4 801,000.00 ~~996~~995.~~58812734~~77039950 0.~~81771536~~80081149 0.00000000 0.00000000 B-5 601,000.00 ~~996~~995.~~58811980~~77039933 0.~~81772047~~80081531 0.00000000 0.00000000 B-6 600,624.67 ~~996~~995.~~58811883~~77040350 0.~~81771533~~80081626 0.00000000 0.00000000 (2) Per $1000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 9197.~~67944976~~13807975 ~~745~~648.~~99621754~~85813782 0.~~74599622~~64885814 9197.~~67944976~~13807975 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.~~81771748~~80080965 ~~995~~994.~~77040482~~96959518 0.~~99577040~~99496960 0.~~81771748~~80080965 B-2 0.00000000 0.~~81771728~~80080919 ~~995~~994.~~77040460~~96959540 0.~~99577040~~99496960 0.~~81771728~~80080919 B-3 0.00000000 0.~~81772000~~80081000 ~~995~~994.~~77041000~~96960000 0.~~99577041~~99496960 0.~~81772000~~80081000 B-4 0.00000000 0.~~81771536~~80081149 ~~995~~994.~~77039950~~96960050 0.~~99577040~~99496960 0.~~81771536~~80081149 B-5 0.00000000 0.~~81772047~~80081531 ~~995~~994.~~77039933~~96960067 0.~~99577040~~99496960 0.~~81772047~~80081531 B-6 0.00000000 0.~~81771533~~80081626 ~~995~~994.~~77040350~~96958725 0.~~99577040~~99496959 0.~~81771533~~80081626 (3) Amount Does Not Include Excess Special Hazard, Bankrupcy, 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 A-1 389,522,000.00 4.~~91207~~90659% ~~326~~290,~~293~~581,~~101~~938.2865 1,~~335~~188,~~646~~138.2895 0.00 0.00 A-R 100.00 4.~~90649~~90565% 0.00 0.00 0.00 0.00 B-1 5,805,000.00 4.~~91207~~90659% 5,~~785~~780,~~194~~447.0520 23,~~681~~635.0824 0.00 0.00 B-2 2,002,000.00 4.~~91207~~90659% 1,~~995~~993,~~169~~532.4235 8,~~167~~151.0121 0.00 0.00 B-3 1,000,000.00 4.~~91207~~90659% ~~996~~995,~~588~~770.1241 4,~~079~~071.4353 0.00 0.00 B-4 801,000.00 4.~~91207~~90659% ~~798~~797,~~267~~612.09 3,~~267~~261.6230 0.00 0.00 B-5 601,000.00 4.~~91207~~90659% 598,~~949~~458.4601 2,~~451~~446.7499 0.00 0.00 B-6 600,624.67 4.~~91207~~90659% 598,~~575~~084.4127 2,~~450~~445.2146 0.00 0.00 Totals 400,331,724.67 1,~~379~~232,~~743~~150.3768 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 A-1 0.00 0.00 1,~~335~~188,~~646~~138.2895 0.00 ~~290~~252,~~581~~744,~~938~~519.6556 A-R 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 23,~~681~~635.0824 0.00 5,~~780~~775,~~447~~798.2050 B-2 0.00 0.00 8,~~167~~151.0121 0.00 1,~~993~~991,~~532~~929.3513 B-3 0.00 0.00 4,~~079~~071.4353 0.00 ~~995~~994,~~770~~969.4160 B-4 0.00 0.00 3,~~267~~261.6230 0.00 ~~797~~796,~~612~~970.0965 B-5 0.00 0.00 2,~~451~~446.7499 0.00 ~~598~~597,~~458~~976.0173 B-6 0.00 0.00 2,~~450~~445.2146 0.00 ~~598~~597,~~084~~603.2728 Totals 0.00 0.00 1,~~379~~232,~~743~~150.3768 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, 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 A-1 389,522,000.00 4.~~91207~~90659% ~~837~~745.~~67566731~~99621754 3.~~42893670~~05024864 0.00000000 0.00000000 A-R 100.00 4.~~90649~~90565% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 5,805,000.00 4.~~91207~~90659% ~~996~~995.~~58812231~~77040482 4.~~07942808~~07153144 0.00000000 0.00000000 B-2 2,002,000.00 4.~~91207~~90659% ~~996~~995.~~58812188~~77040460 4.~~07942557~~07153347 0.00000000 0.00000000 B-3 1,000,000.00 4.~~91207~~90659% ~~996~~995.~~58812000~~77041000 4.~~07943000~~07153000 0.00000000 0.00000000 B-4 801,000.00 4.~~91207~~90659% ~~996~~995.~~58812734~~77039950 4.~~07942572~~07153558 0.00000000 0.00000000 B-5 601,000.00 4.~~91207~~90659% ~~996~~995.~~58811980~~77039933 4.~~07943428~~07153078 0.00000000 0.00000000 B-6 600,624.67 4.~~91207~~90659% ~~996~~995.~~58811883~~77040350 4.~~07943616~~07152773 0.00000000 0.00000000 (5) All classes are per $1000 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 A-1 0.00000000 0.00000000 3.~~42893670~~05024864 0.00000000 ~~745~~648.~~99621754~~85813782 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 4.~~07942808~~07153144 0.00000000 ~~995~~994.~~77040482~~96959518 B-2 0.00000000 0.00000000 4.~~07942557~~07153347 0.00000000 ~~995~~994.~~77040460~~96959540 B-3 0.00000000 0.00000000 4.~~07943000~~07153000 0.00000000 ~~995~~994.~~77041000~~96960000 B-4 0.00000000 0.00000000 4.~~07942572~~07153558 0.00000000 ~~995~~994.~~77039950~~96960050 B-5 0.00000000 0.00000000 4.~~07943428~~07153078 0.00000000 ~~995~~994.~~77039933~~96960067 B-6 0.00000000 0.00000000 4.~~07943616~~07152773 0.00000000 ~~995~~994.~~77040350~~96958725 (6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 7761,~~602~~831.3784 Deposits Payments of Interest and Principal 3739,~~181~~013,~~200~~950.5673 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 079,767.0065 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 3739,~~181~~093,~~200~~718.5638 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 9777,~~225~~324.8600 Payment of Interest and Principal 3739,~~099~~078,~~745~~226.2223 Total Withdrawals (Pool Distribution Amount) 3739,~~196~~155,~~971~~550.0823 Ending Balance ~~61,831~~0.8400

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 1019,~~914~~357.8265 Servicing Fee Support 1019,~~914~~357.8265 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00

SERVICING FEES Gross Servicing Fee ~~105~~94,~~331~~170.8444 Master Servicing Fee 2,~~808~~511.8521 Supported Prepayment/Curtailment Interest Shortfall 1019,~~914~~357.8265 Net Servicing Fee 9777,~~225~~324.8600

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 1 0 0 0 1 ~~383~~496,~~733~~521.8702 0.00 0.00 0.00 ~~383~~496,~~733~~521.8702 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 1 0 0 0 1 ~~383~~496,~~733~~521.8702 0.00 0.00 0.00 ~~383~~496,~~733~~521.8702 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.~~150376~~169779% 0.000000% 0.000000% 0.000000% 0.~~150376~~169779% 0.~~129720~~196298% 0.000000% 0.000000% 0.000000% 0.~~129720~~196298% 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.~~150376~~169779% 0.000000% 0.000000% 0.000000% 0.~~150376~~169779% 0.~~129720~~196298% 0.000000% 0.000000% 0.000000% 0.~~129720~~196298%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 64191,~~165~~292.8756

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 10,809,624.67 2.70016689% 10,~~763~~755,~~904~~247.3389 34.~~57194386~~08169161% 9695.~~428056~~918308% 100.000000% Class B-1 5,004,624.67 1.25011943% 4,~~983~~979,~~457~~449.1339 1.~~65373349~~88973578% 12.~~918210~~191956% 0.000000% Class B-2 3,002,624.67 0.75003416% 2,~~989~~987,~~924~~520.7826 01.~~99219048~~13378478% 0.~~661543~~755951% 0.000000% Class B-3 2,002,624.67 0.50024131% 1,~~994~~992,~~154~~550.3766 0.~~66174942~~75618688% 0.~~330441~~377598% 0.000000% Class B-4 1,201,624.67 0.30015724% 1,~~196~~195,~~542~~580.2801 0.~~39706613~~45373095% 0.~~264683~~302456% 0.000000% Class B-5 600,624.67 0.15003174% ~~598~~597,~~084~~603.2728 0.~~19847105~~22679461% 0.~~198595~~226936% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~198471~~226795% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description 5/1 CMT ARM Weighted Average Gross Coupon 5.~~297131~~291598% Weighted Average Net Coupon 4.~~912131~~906598% Weighted Average Pass-Through Rate 4.~~912131~~906598% Weighted Average Maturity(Stepdown Calculation ) ~~353~~352 Beginning Scheduled Collateral Loan Count ~~734~~665 Number Of Loans Paid In Full 6976 Ending Scheduled Collateral Loan Count ~~665~~589 Beginning Scheduled Collateral Balance ~~337~~301,~~065~~345,~~844~~842.8499 Ending Scheduled Collateral Balance ~~301~~263,~~345~~499,~~842~~767.9944 Ending Actual Collateral Balance at 3031-~~Jun~~Jul-2003 ~~295~~252,~~817~~942,~~411~~187.9172 Monthly P &I Constant 1,~~795~~607,~~503~~610.2989 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 3739,~~046~~025,~~808~~558.9105 Ending Scheduled Balance for Premium Loans ~~301~~263,~~345~~499,~~842~~767.9944 Scheduled Principal ~~276~~242,~~568~~345.2777 Unscheduled Principal 3537,~~443~~603,~~433~~729.5878 Unpaid Principal Balance Of Outstanding Mortgage Loans With Or Less Than Or Equal To 80% ~~295~~258,~~912~~094,~~350~~104.8803 Greater Than 80%, less than or equal to 85% ~~779~~778,~~002~~406.2029 Greater than 85%, less than or equal to 95% 4,~~642~~638,~~442~~420.7138 Greater than 95% 0.00

Filing Compare · WELLS FARGO ASSET SEC CORP MORTGAGE PASS THR CERT SER 2003-D