8-K 1 gec03c1_sep.txt SEPTEMBER 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 : September 10, 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 September 10, 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: September 10, 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: 09/10/2003 Record Date: 08/29/2003 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 - 26 Specially Serviced Loan Detail 27 - 28 Modified Loan Detail 29 Liquidated Loan Detail 30 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 ~~110~~109,~~760~~865,~~771~~109.5167 ~~895~~900,~~661~~209.8446 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~~216,~~031~~843,~~676~~006.1251 ~~188~~189,~~669~~606.6120 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.~~947811~~947745% 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,~~185~~184,~~321~~237,~~504~~173.6318 1,~~084~~089,~~331~~815.4566

Class CUSIP Interest Prepayment Realized Loss/ Total Ending Current Distribution Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level(1) A-1 36828QAA4 ~~285~~282,~~301~~994.2921 0.00 0.00 1,~~180~~183,~~963~~203.1367 ~~109~~108,~~865~~964,~~109~~900.6721 19.0709% A-2 36828QAB2 368,537.13 0.00 0.00 368,537.13 108,049,000.00 19.0709% A-3 36828QAC0 569,209.83 0.00 0.00 569,209.83 156,269,000.00 19.0709% A-4 36828QAD8 1,475,107.95 0.00 0.00 1,475,107.95 367,323,000.00 19.0709% A-1A 36828QAJ5 ~~835~~834,~~210~~484.2317 0.00 0.00 1,~~023~~024,~~879~~090.8437 216,~~843~~653,~~006~~400.5131 19.0709% B 36828QAE6 171,055.89 0.00 0.00 171,055.89 41,611,000.00 15.5658% C 36828QAF3 67,771.94 0.00 0.00 67,771.94 16,347,000.00 14.1819% D 36828QAK2 105,771.95 0.00 0.00 105,771.95 25,264,000.00 12.0506% E 36828QAL0 69,243.17 0.00 0.00 69,243.17 16,347,000.00 10.6768% F 36828QAM8 48,079.20 0.00 0.00 48,079.20 10,403,000.00 9.7980% G 36828QAN6 75,986.30 0.00 0.00 75,986.30 16,347,000.00 8.4142% H 36828QAP1 81,~~024~~023.0516 0.00 0.00 81,~~024~~023.0516 16,347,000.00 7.03% J 36828QAQ9 106,740.40 0.00 0.00 106,740.40 25,264,000.00 4.8990% K 36828QAR7 37,670.10 0.00 0.00 37,670.10 8,916,000.00 4.1415% L 36828QAS5 31,395.98 0.00 0.00 31,395.98 7,431,000.00 3.5152% M 36828QAT3 12,556.70 0.00 0.00 12,556.70 2,972,000.00 3.2627% N 36828QAU0 43,952.68 0.00 0.00 43,952.68 10,403,000.00 2.3839% O 36828QAV8 25,113.40 0.00 0.00 25,113.40 5,944,000.00 1.88% P 36828QAW6 94,~~116~~183.9894 0.00 0.00 94,~~116~~183.9894 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 19.0709% LR N/A 0.00 0.00 0.00 0.00 0.00 0.00% Totals 4,~~503~~500,~~845~~878.1710 0.00 0.00 5,~~588~~590,~~176~~693.6276 1,~~184~~183,~~237~~147,~~173~~357.1852

Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount X-1 36828QAG1 0.~~203724~~201474% 1,188,882,057.00 1,~~185~~184,~~321~~237,~~504~~173.6318 X-2 36828QAH9 1.303837% 1,076,741,000.00 1,076,741,000.00

Ending Interest Prepayment Total Notional Class CUSIP Distribution Penalties Distribution Amount X-1 36828QAG1 ~~201~~198,~~232~~827.2243 0.00 ~~201~~198,~~232~~827.2243 1,~~184~~183,~~237~~147,~~173~~357.1852 X-2 36828QAH9 1,169,912.12 0.00 1,169,912.12 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 ~~974~~966.~~17496952~~29734883 7.~~87762069~~91761841 2.~~50931238~~48902091 0.00000000 0.00000000 ~~966~~958.~~29734883~~37973042 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 ~~997~~996.~~13160271~~26477795 0.~~86682476~~87112783 3.~~83729477~~83395895 0.00000000 0.00000000 ~~996~~995.~~26477795~~39365012 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.~~95650884~~95645440 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.~~22199620~~22499996 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 ~~997~~996.~~00512566~~09306592 0.~~16926172~~16723899 0.00000000 ~~996~~995.~~09306592~~17639328 X-2 36828QAH9 1,000.00000000 1.08653067 0.00000000 1,000.00000000

Reconciliation Detail Advance Summary P & I Advances Outstanding 12,~~674~~731,~~670~~897.7394 Servicing Advances Outstanding 0.00 Reimbursement for Interest on Advances 660.9600 paid from general collections

Master Servicing Fee Summary Current Period Accrued Servicing Fees 58,~~672~~623.1106 Less Delinquent Servicing Fees 1621,~~498~~166.5117 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 1916,~~261~~498.9751 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 6153,~~435~~955.5740

Certificate Interest Reconciliation Class Accrued Net Aggregate Distributable Distributable Additional Interest Remaining Unpaid Certificate Prepayment Certificate Certificate Trust Fund Distribution Distributable Interest Interest Shortfa Interest Interest Expenses Certificate Adjustment Interest A-1 ~~285~~282,~~301~~994.2921 0.00 ~~285~~282,~~301~~994.2921 0.00 0.00 ~~285~~282,~~301~~994.2921 0.00 A-2 368,537.13 0.00 368,537.13 0.00 0.00 368,537.13 0.00 A-3 569,209.83 0.00 569,209.83 0.00 0.00 569,209.83 0.00 A-4 1,475,107.95 0.00 1,475,107.95 0.00 0.00 1,475,107.95 0.00 A-1A ~~835~~834,~~210~~484.2317 0.00 ~~835~~834,~~210~~484.2317 0.00 0.00 ~~835~~834,~~210~~484.2317 0.00 X-1 ~~201~~198,~~232~~827.2243 0.00 ~~201~~198,~~232~~827.2243 0.00 0.00 ~~201~~198,~~232~~827.2243 0.00 X-2 1,169,912.12 0.00 1,169,912.12 0.00 0.00 1,169,912.12 0.00 B 171,055.89 0.00 171,055.89 0.00 0.00 171,055.89 0.00 C 67,771.94 0.00 67,771.94 0.00 0.00 67,771.94 0.00 D 105,771.95 0.00 105,771.95 0.00 0.00 105,771.95 0.00 E 69,243.17 0.00 69,243.17 0.00 0.00 69,243.17 0.00 F 48,079.20 0.00 48,079.20 0.00 0.00 48,079.20 0.00 G 75,986.30 0.00 75,986.30 0.00 0.00 75,986.30 0.00 H 81,~~024~~023.0516 0.00 81,~~024~~023.0516 0.00 0.00 81,~~024~~023.0516 0.00 J 106,740.40 0.00 106,740.40 0.00 0.00 106,740.40 0.00 K 37,670.10 0.00 37,670.10 0.00 0.00 37,670.10 0.00 L 31,395.98 0.00 31,395.98 0.00 0.00 31,395.98 0.00 M 12,556.70 0.00 12,556.70 0.00 0.00 12,556.70 0.00 N 43,952.68 0.00 43,952.68 0.00 0.00 43,952.68 0.00 O 25,113.40 0.00 25,113.40 0.00 0.00 25,113.40 0.00 P 94,183.94 0.00 94,183.94 0.00 660.9600 94,~~116~~183.9894 421.74 Total 5,~~875~~869,~~056~~617.4765 0.00 5,~~875~~869,~~056~~617.4765 0.00 660.9600 5,~~874~~869,~~989~~617.5165 421.74

Other Required Information Available Distribution Amount (1) 6,959,~~320~~433.9631 Principal Distribution Amount 1,~~084~~089,~~331~~815.4566 (a) Principal portion of Monthly Payments 1,~~084~~089,~~331~~815.4566 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,~~184~~183,~~523~~553,~~801~~431.1948 Aggregate Stated Principal Balance of Loans 1,~~184~~183,~~237~~147,~~173~~358.8014 Aggregate Amount of Servicing Fee 6153,~~435~~955.5740 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of Trustee Fee 1,~~876~~875.7604 Aggregate Trust Fund Expenses 660.9600 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 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,~~935~~930,~~605~~115.3975 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments 0.00 DDeferred 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,~~935~~930,~~605~~115.3975 Principal: Scheduled Principal 1,~~084~~089,~~331~~815.4566 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,~~084~~089,~~331~~815.4566 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 7,019,~~936~~931.8441 Total Funds Distributed Fees: Master Servicing Fee 58,~~672~~623.1106 Trustee Fee 1,~~876~~875.7604 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 60,~~548~~498.8710 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 660.9600 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 660.9600 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 5,~~874~~869,~~989~~617.5165 Principal Distribution 1,~~084~~089,~~331~~815.4566 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 6,959,~~320~~433.9631 Total Funds Distributed 7,019,~~936~~931.7941

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type(1) City State Payment Payment Coupon 3153798 1 OF Dallas TX 299,350.29 0.00 4.828% 3162153 2 OF Secaucus NJ 183,~~670~~465.4655 4849,~~914~~119.1607 4.865% 3162161 3 OF Philadelphia PA 232,~~635~~444.5026 3536,~~994~~186.8812 6.170% 3162179 4 RT Islip NY 240,~~946~~755.3456 34,~~564~~755.4220 6.410% 3162187 5 RT Las Vegas NV 215,~~723~~537.7327 36,~~087~~273.4995 6.000% 3162195 6 MH Vero Beach FL 8887,~~078~~990.8367 19,~~136~~224.6076 5.350% 3162278 7 MH Vero Beach FL 36,~~699~~662.5178 78,~~973~~010.5932 5.350% 3147220 8 RT Elk Grove CA 136,~~984~~875.0402 19,~~719~~828.9799 6.420% 3162328 9 MF Bentonville AR 107,~~585~~489.4376 18,~~702~~798.6431 5.940% 3162336 10 OF Fairfax VA 106,~~530~~440.9046 17,~~301~~391.0650 6.070% 3162344 11 MF Framingham MA 85,~~670~~577.5417 21,~~727~~820.0946 4.990% 3154465 12 RT El Dorado Hills CA 98,~~805~~670.8643 27,~~257~~392.2568 5.770% 3162351 13 RT Albuquerque NM ~~117~~116,~~076~~992.9195 13,~~655~~739.3531 7.140% 3162203 14 OF Peoria IL 97,~~505~~420.4567 16,~~409~~493.1593 6.000% 3146040 15 RT Richardson TX 99,~~188~~108.4468 14,~~702~~782.5531 6.300% 3162369 16 OF Los Angeles CA 8786,~~002~~920.3181 16,~~662~~744.6111 5.680% 3162211 17 RT New York NY 84,~~239~~162.4667 15,~~400~~477.3312 5.790% 3147790 18 MF Fairborn OH 93,~~501~~432.6708 12,~~432~~502.9352 6.500% 3162229 19 MF Greensboro NC 82,~~475~~401.2838 14,~~707~~780.0494 5.835% 3162377 20 MH Torrance CA 66,~~557~~483.5350 17,~~263~~337.8790 4.980% 3162385 21 RT Houston TX 75,~~176~~078.4562 20,~~001~~099.6447 5.680% 3154507 22 IN Various Various 66,~~979~~910.1043 15,~~188~~257.8148 5.250% 3162393 23 IN Irving TX 74,~~989~~924.6886 12,~~544~~609.7052 6.000% 883162450 24 RT Virginia Beach VA 71,~~751~~688.2708 12,~~332~~395.6382 5.950% 3147709 25 MF St Louis MO 70,~~989~~926.8285 12,~~289~~351.0299 5.950% 3162468 26 RT Grapevine TX 64,~~397~~336.0427 12,~~490~~551.7754 5.650% 3162237 27 RT Harrisburg PA 69,~~483~~425.6752 11,~~024~~082.7388 6.125% 3162476 28 RT Encinitas CA 65,~~088~~030.5247 11,~~426~~484.0914 5.900% 3162245 29 MF Wichita KS 62,~~822~~765.9617 11,~~711~~769.8261 5.730% 3162252 30 MF Various NY 62,~~132~~074.2777 11,~~776~~834.9848 5.670% 3162484 31 RT Houston TX 56,~~221~~167.6427 11,~~376~~430.4885 5.550% 3162260 32 RT Waldorf MD 61,~~566~~515.9435 9,~~789~~840.3190 6.120% 3162492 33 RT New York NY 5857,~~018~~964.2680 10,~~759~~812.3985 5.770% 3154358 34 OF Plantation FL 58,~~455~~404.4798 9,~~902~~952.4796 5.920% 3146115 35 OF W Des Moines IA 66,~~312~~264.2164 8,~~123~~171.9653 6.800% 883163169 36 LO Norfolk VA 60,~~460~~339.2022 22,~~228~~349.8785 6.320% 883163177 37 RT La Verne CA 50,181.25 0.00 5.550% 3163185 38 RT La Jolla CA 51,~~396~~349.8114 9,~~678~~726.3805 5.720% 883163193 39 MF San Marcos TX 52,~~097~~050.5239 9,~~404~~451.2538 5.820% 3163201 40 RT Carlsbad CA 54,547.08 0.00 6.150% 3163219 41 MF Fayetteville AR 5251,~~031~~985.7650 9,~~045~~091.2046 5.940% 3155785 42 OT Various Various 64,~~215~~169.7528 7,~~219~~260.7983 7.476% 883163227 43 LO Williamsburg VA 49,~~443~~344.0108 18,~~178~~277.2720 6.320% 3163235 44 IN Cheektowaga NY 43,~~899~~858.2937 8,~~336~~377.7567 5.700% 3163243 45 MF Redl&s CA 41,~~715~~676.1139 7,~~834~~873.6032 5.740% 3163250 46 RT Littleton CO 40,381.81 0.00 5.650% 3145836 47 MF Fort Worth TX 43,637.67 0.00 6.150% 3163268 48 RT San Diego CA 40,300.00 0.00 5.850% 3162286 49 MF Fairfax VA 36,~~530~~495.5233 7,~~309~~344.6281 5.590% 3162294 50 Various Yonkers NY 40,~~933~~883.6812 9,~~031~~082.6521 6.500% 3163276 51 MH Various OH 33,~~318~~284.2605 7,~~496~~530.6384 5.300% 3163284 52 OF W Bloomfield MI 35,~~544~~511.3008 6,~~778~~811.6890 5.690% 3163292 53 MF San Antonio TX 30,~~103~~069.9585 8,~~081~~115.8494 4.900% 3163359 54 MF Harrisonburg VA 35,~~886~~855.9835 6,~~225~~257.7134 5.900% 883154135 55 MF Antioch CA 34,~~224~~193.7144 6,~~236~~267.6996 5.821% 3163367 56 IN Baton Rouge LA 33,~~576~~546.5558 5,~~949~~979.4946 5.850% 3163375 57 MF Fargo ND 3130,~~027~~998.8204 6,~~287~~317.2705 5.500% 3163383 58 SS N Bay Village Miami FL 34,~~620~~574.0165 8,~~551~~597.7208 6.160% 3154846 59 RT Jacksonville NC 26,978.61 0.00 4.820% 3162500 60 SS N Miami FL 33,~~623~~579.2649 8,~~415~~459.4118 6.040% 3162518 61 MF Coral Springs FL 32,~~051~~022.7864 5,~~834~~864.8600 5.800% 3162526 62 SS San Diego CA 31,~~658~~629.5259 5,~~812~~841.2013 5.780% 3162534 63 OF San Diego CA 29,~~481~~451.0296 6,~~171~~200.2026 5.470% 883152542 64 LO Williamsburg VA 33,~~664~~596.2488 12,~~377~~444.0339 6.320% 883162609 65 RT Naples FL 31,~~257~~229.0224 5,~~477~~505.7856 5.890% 3162617 66 RT New Cumberl& PA 29,~~736~~708.1667 5,~~590~~618.7221 5.710% 3162625 67 OF Washington DC 3332,~~061~~890.9421 30,~~680~~852.6639 6.500% 3162633 68 SS Oxnard CA 26,~~979~~939.3999 8,~~426~~465.1353 5.430% 3162302 69 MF Battle Creek MI 28,~~078~~054.5378 4,~~596~~620.9772 6.000% 3162641 70 RT Clearwater FL 26,~~783~~759.4673 4,~~734~~758.8053 5.820% 3162310 71 MH Adrian MI 26,698.75 0.00 5.850% 3162658 72 SS Simi Valley CA 27,~~087~~051.1821 6,~~905~~941.7673 6.050% 3162666 73 OF Hollywood CA 25,~~409~~386.5232 4,~~677~~700.2141 5.760% 3162674 74 MH Garner NC 24,~~987~~964.8584 4,~~696~~719.2122 5.690% 883162682 75 SS Miami FL 24,~~580~~546.4047 6,~~911~~945.8578 5.700% 883162690 76 LO Chesapeake VA 26,~~871~~817.2043 9,~~879~~933.5027 6.320% 3154192 77 RT Ch&ler AZ 22,~~194~~172.3320 4,~~759~~781.1528 5.400% 883162708 78 LO YorkTwn VA 25,~~796~~744.3573 9,~~484~~535.3294 6.320% 883162716 79 RT Aurora CO 23,~~701~~679.2587 4,~~260~~281.3371 5.830% 3162724 80 IN Carlsbad CA 23,~~140~~119.6358 4,~~257~~278.4449 5.740% 3162732 81 RT San Marcos TX 24,~~383~~362.6388 3,~~976~~997.8055 6.060% 883162740 82 RT San Marcos CA 23,~~126~~095.7732 6,~~202~~234.5601 5.890% 883154648 83 MF Millbrook AL 21,~~480~~459.07 4,~~428~~449.28 5.506% 3162757 84 SS Pompano Beach FL 29,~~803~~785.9947 2,~~804~~823.6214 7.670% 883162765 85 MF Tulsa OK 21,~~520~~500.4135 4,~~086~~106.8692 5.700% 3162773 86 Various Banning CA 21,~~781~~752.7042 5,~~821~~850.5179 5.840% 883155405 87 MF La Vista NE 21,~~227~~208.3824 3,~~866~~885.2539 5.750% 3162781 88 MF Pinecrest FL 19,~~829~~810.1007 4,~~018~~037.0407 5.500% 3162799 89 RT Wminster CO 20,~~124~~105.4220 34,~~986~~006.9012 5.600% 3162807 90 SS Stockton CA 20,~~648~~620.2824 5,~~518~~546.0206 5.900% 883162815 91 SS Washington DC 20,~~034~~006.1087 5,~~396~~423.7396 5.860% 3154689 92 RT Fayetteville NC 18,~~956~~940.7134 3,~~179~~195.1148 5.980% 3154838 93 RT Wilson NC 14,150.98 0.00 4.490% 3154614 94 RT Delray Beach FL 19,~~278~~253.5584 4,~~629~~654.6233 6.200% 883162823 95 SS Albuquerque NM 18,~~161~~136.1856 4,~~836~~860.0264 5.910% 3162831 96 MH Orl&o FL 17,332.88 0.00 5.670% 883155603 97 OF Voorhees NJ 16,~~350~~315.2707 7,~~272~~308.8000 5.622% 3162849 98 RT Louisville KY 16,~~836~~813.2141 4,~~502~~525.8262 5.880% 3162856 99 MH Portl& OR 14,~~250~~235.7425 3,~~598~~614.5807 5.000% 3162872 100 MF Baton Rouge LA 15,~~648~~625.1492 4,~~559~~581.0628 5.660% 3162880 101 OF Houston TX 16,~~139~~117.6097 4,~~263~~285.4104 5.890% 3162898 102 RT Wheaton IL 15,~~810~~796.5279 2,~~701~~715.2700 5.900% 3162906 103 SS Murrieta CA 14,~~416~~395.8984 4,~~502~~523.6570 5.430% 3162914 104 MF Evansville IN 12,~~887~~866.9699 5,~~000~~021.3128 4.870% 3162922 105 SS San Marcos CA 15,~~551~~533.5868 3,~~541~~559.1404 5.870% 883162930 106 RT Richmond VA 14,~~412~~398.1932 2,~~924~~938.5239 5.510% 3162948 107 RT Conroe TX 14,~~828~~797.6422 6,~~302~~333.4385 5.790% 3162955 108 SS Lancaster CA 14,~~177~~157.1206 4,~~100~~120.7177 5.680% 883154655 109 SS Las Vegas NV 14,~~700~~680.4386 3,~~785~~804.1572 6.004% 3162963 110 RT Jonesboro AR 13,~~523~~509.8220 2,~~926~~940.3698 5.800% 883154663 111 MF Richmond CA 13,~~538~~520.9441 3,~~695~~713.3184 5.822% 3162971 112 SS Upl& CA 13,~~848~~829.2895 3,~~547~~566.8619 6.000% 3162989 113 RT W Chester OH 13,~~726~~714.2397 2,~~109~~121.7703 6.200% 3154382 114 MF E Ridge TN 12,~~344~~332.0743 2,~~400~~412.8246 5.630% 883153731 115 MF Normal IL 12,~~047~~036.3681 2,~~042~~052.0863 6.000% 3162997 116 SS Stone Mountain GA 11,~~440~~425.7563 2,~~959~~975.9103 5.930% 883163003 117 SS Moreno Valley CA 12,~~216~~201.1033 2,~~638~~653.4623 6.500% 3163011 118 RT Shreveport LA 10,~~366~~357.8651 1,~~888~~897.1752 5.750% 883154762 119 MH Tucson AZ 10,~~469~~460.7130 1,~~878~~888.8627 5.820% 3163029 120 SS Sherman TX 11,~~154~~140.4117 2,~~659~~673.7397 6.220% 3163037 121 SS Houston TX 11,~~961~~947.9563 2,~~480~~495.9628 6.700% 883163045 122 RT Coppell TX 10,~~455~~441.5647 2,~~754~~768.4150 5.940% 883163052 123 SS Corpus Christi TX 10,~~845~~831.2793 2,~~447~~460.1953 6.330% 3163060 124 SS Florence KY 10,~~877~~865.6603 2,~~189~~202.7336 6.700% 3163078 125 SS Deer Park TX 10,~~272~~259.0622 2,~~355~~368.7862 6.330% 3163086 126 RT Jensen Beach FL 9,~~505~~493.9649 2,~~413~~426.6209 6.000% 883163102 127 RT Eagan MN 9,~~587~~575.8381 2,~~197~~209.9799 6.350% 3163110 128 MF New York NY 8,~~327~~320.9422 1,~~589~~597.6537 5.640% 883154622 129 MF Columbus GA 7,~~457~~450.4669 1,~~352~~359.4320 5.809% 883163128 130 RT Lubbock TX 8,~~432~~422.5451 1,~~770~~780.6871 6.580% 883154820 131 MF Harrisonburg VA 7,~~686~~670.7595 3,~~018~~034.3212 6.077% 3155041 132 OF Richmond VA 6,~~855~~849.3312 1,~~250~~256.5677 5.760% 3163136 133 MF New York NY 6,~~197~~191.5479 1,~~182~~188.9974 5.640% 3163144 134 MF Henderson TX 6,~~105~~097.3617 1,~~596~~605.9413 5.960% Totals 5,~~935~~930,~~605~~115.3975 1,~~084~~089,~~331~~815.4566

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 0809/01/2003 3162153 N/A 04/01/2010 N 43,~~842~~793,~~698~~784.8973 43,~~793~~744,~~784~~665.7366 0809/01/2003 3162161 N/A 02/01/2013 N 43,~~785~~749,~~633~~638.3850 43,~~749~~713,~~638~~452.5038 0708/01/2003 3162179 N/A 10/01/2012 N 43,~~651~~617,~~896~~331.2179 43,~~617~~582,~~331~~576.7959 0809/01/2003 3162187 N/A 01/01/2013 N 41,~~752~~716,~~979~~891.2879 41,~~716~~680,~~891~~617.7984 0809/01/2003 3162195 N/A 03/01/2008 N 19,~~118~~099,~~710~~573.0242 19,~~099~~080,~~573~~348.4266 0809/01/2003 3162278 N/A 03/01/2008 N 7,~~966~~958,~~129~~155.1657 7,~~958~~950,~~155~~145.5725 08/01/2003 3147220 N/A 09/01/2012 N 24,~~778~~758,~~542~~822.1114 24,~~758~~738,~~822~~993.1415 0809/01/2003 3162328 N/A 11/01/2014 N 21,~~033~~014,~~319~~616.4480 2120,~~014~~995,~~616~~818.8049 08/01/2003 3162336 N/A 01/01/2013 N 20,~~381~~363,~~103~~802.6660 20,~~363~~346,~~802~~411.6010 0809/01/2003 3162344 N/A 03/01/2013 N 19,~~937~~915,~~547~~820.7667 19,~~915~~894,~~820~~000.6721 0809/01/2003 3154465 N/A 03/01/2013 N 19,~~886~~858,~~012~~755.8055 19,~~858~~831,~~755~~362.5587 0708/01/2003 3162351 N/A 12/01/2011 N 19,~~042~~028,~~056~~400.0671 19,~~028~~014,~~400~~661.7140 0809/01/2003 3162203 N/A 12/01/2012 N 18,~~872~~855,~~023~~614.5237 18,~~855~~839,~~614~~120.3744 0809/01/2003 3146040 N/A 12/01/2012 N 18,~~283~~268,~~583~~880.2368 18,~~268~~254,~~880~~098.6837 0809/01/2003 3162369 N/A 01/01/2013 N 17,~~787~~771,~~841~~178.5695 17,~~771~~754,~~178~~434.9584 0809/01/2003 3162211 N/A 01/01/2013 N 16,~~895~~880,~~762~~362.7845 16,~~880~~864,~~362~~885.4533 0809/01/2003 3147790 N/A 03/01/2013 N 16,~~705~~692,~~013~~580.8289 16,~~692~~680,~~580~~078.8937 0708/01/2003 3162229 N/A 02/01/2013 N 16,~~414~~399,~~351~~644.3632 16,~~399~~384,~~644~~863.3238 0708/01/2003 3162377 N/A 12/01/2007 N 15,~~520~~503,~~605~~342.9306 15,~~503~~486,~~342~~004.0616 0809/01/2003 3162385 N/A 01/01/2013 N 15,~~370~~350,~~015~~013.1450 15,~~350~~329,~~013~~914.5003 0809/01/2003 3154507 N/A 03/01/2008 N 14,~~815~~800,~~652~~463.4261 14,~~800~~785,~~463~~206.6113 0809/01/2003 3162393 N/A 01/01/2013 N 14,~~514~~501,~~130~~586.8818 14,~~501~~488,~~586~~976.1866 0708/01/2003 883162450 N/A 12/01/2012 N 1413,~~004~~991,~~042~~709.3572 13,~~991~~979,~~709~~313.7290 0708/01/2003 3147709 N/A 11/01/2012 N 13,~~855~~843,~~426~~137.1412 13,~~843~~830,~~137~~785.1213 0709/01/2003 3162468 N/A 01/01/2013 N 13,~~236~~223,~~046~~555.2851 13,~~223~~211,~~555~~003.5197 0809/01/2003 3162237 N/A 01/01/2013 N 13,~~173~~162,~~994~~969.0027 13,~~162~~151,~~969~~886.2739 0708/01/2003 3162476 N/A 12/01/2012 N 12,~~811~~799,~~300~~874.4536 12,~~799~~788,~~874~~390.3622 08/01/2003 3162245 N/A 02/01/2010 N 12,~~732~~720,~~233~~521.5270 12,~~720~~708,~~521~~752.7009 08/01/2003 3162252 N/A 03/01/2013 N 12,~~725~~713,~~502~~725.8890 12,~~713~~701,~~725~~891.9042 08/01/2003 3162484 N/A 01/01/2013 N 11,~~763~~752,~~900~~523.0860 11,~~752~~741,~~523~~092.6075 0809/01/2003 3162260 N/A 01/01/2013 N 11,~~682~~672,~~530~~741.8857 11,~~672~~662,~~741~~900.5767 0708/01/2003 3162492 N/A 12/01/2009 N 11,~~676~~666,~~956~~197.7435 11,~~666~~655,~~197~~384.3550 0809/01/2003 3154358 N/A 04/01/2013 N 11,~~466~~456,~~852~~949.3689 11,~~456~~446,~~949~~996.8993 08/01/2003 3146115 N/A 09/01/2012 N 11,~~324~~316,~~666~~542.2125 11,~~316~~308,~~542~~370.2572 0809/01/2003 883163169 N/A 01/01/2013 N 11,~~109~~087,~~468~~239.5871 11,~~087~~064,~~239~~889.7186 08/01/2003 883163177 N/A 01/01/2010 N 10,500,000.00 10,500,000.00 08/01/2003 3163185 N/A 01/01/2013 N 10,~~434~~425,~~723~~045.9658 10,~~425~~415,~~045~~319.5853 0809/01/2003 883163193 N/A 01/01/2013 N 10,~~395~~385,~~248~~844.5025 10,~~385~~376,~~844~~392.2587 0809/01/2003 3163201 N/A 01/01/2010 N 10,300,000.00 10,300,000.00 08/01/2003 3163219 N/A 11/01/2014 N 10,~~172~~163,~~387~~342.9474 10,~~163~~154,~~342~~251.7428 08/01/2003 3155785 N/A 03/01/2013 N 9,~~974~~967,~~961~~742.9920 9,~~967~~960,~~742~~481.2037 0809/01/2003 883163227 N/A 01/01/2013 N 9,~~085~~066,~~076~~898.5528 9,~~066~~048,~~898~~621.2808 0708/01/2003 3163235 N/A 01/01/2013 N 8,~~943~~935,~~828~~491.6287 8,~~935~~927,~~491~~114.8720 0809/01/2003 3163243 N/A 12/01/2012 N 8,~~439~~431,~~608~~774.8828 8,~~431~~423,~~774~~900.2896 0809/01/2003 3163250 N/A 02/01/2010 N 8,300,000.00 8,300,000.00 08/01/2003 3145836 N/A 10/01/2012 N 8,240,000.00 8,240,000.00 0708/01/2003 3163268 N/A 01/01/2010 N 8,000,000.00 8,000,000.00 08/01/2003 3162286 N/A 12/01/2012 N 7,~~589~~581,~~005~~695.1048 7,~~581~~574,~~695~~350.4867 0809/01/2003 3162294 N/A 10/01/2012 N 7,~~313~~304,~~212~~181.6904 7,~~304~~295,~~181~~098.0483 0809/01/2003 3163276 N/A 01/01/2008 N 7,~~300~~292,~~410~~913.4885 7,~~292~~285,~~913~~383.8501 0809/01/2003 3163284 N/A 01/01/2013 N 7,~~254~~247,~~349~~570.1850 7,~~247~~240,~~570~~758.5060 0809/01/2003 3163292 N/A 12/01/2007 N 7,~~134~~126,~~576~~494.8298 7,~~126~~118,~~494~~379.9804 08/01/2003 3163359 N/A 02/01/2013 N 7,~~063~~057,~~593~~368.7605 7,~~057~~051,~~368~~110.0571 0809/01/2003 883154135 N/A 12/01/2012 N 6,~~827~~821,~~833~~596.6091 6,~~821~~815,~~596~~328.9195 0708/01/2003 3163367 N/A 02/01/2013 N 6,~~665~~659,~~319~~370.5607 6,~~659~~653,~~370~~390.0761 08/01/2003 3163375 N/A 04/01/2013 N 6,~~551~~545,~~328~~040.2295 6,~~545~~538,~~040~~723.9590 0809/01/2003 3163383 N/A 11/01/2012 N 6,~~526~~518,~~604~~053.8311 6,~~518~~509,~~053~~456.1103 08/01/2003 3154846 N/A 03/01/2010 N 6,500,000.00 6,500,000.00 0708/01/2003 3162500 N/A 03/01/2013 N 6,~~464~~456,~~629~~214.7029 6,~~456~~447,~~214~~755.2911 08/01/2003 3162518 N/A 01/01/2013 N 6,~~417~~411,~~486~~651.3751 6,~~411~~405,~~651~~787.51 0809/01/2003 3162526 N/A 01/01/2013 N 6,~~360~~354,~~680~~868.2606 6,~~354~~349,~~868~~026.0693 0809/01/2003 3162534 N/A 01/01/2010 N 6,~~258~~252,~~871~~700.5535 6,~~252~~246,~~700~~500.3509 0809/01/2003 883152542 N/A 01/01/2013 N 6,~~185~~173,~~752~~375.1310 6,~~173~~160,~~375~~930.1071 0708/01/2003 883162609 N/A 01/01/2013 N 6,~~162~~157,~~728~~251.8002 6,~~157~~151,~~251~~745.0246 0809/01/2003 3162617 N/A 02/01/2013 N 6,~~047~~042,~~690~~100.8917 6,~~042~~036,~~100~~481.1796 0809/01/2003 3162625 N/A 04/01/2011 N 5,~~906~~876,~~847~~166.1246 5,~~876~~845,~~166~~314.46 07 09/01/2003 3162633 N/A 03/01/2008 N 5,~~769~~761,~~964~~537.0188 5,~~761~~753,~~537~~072.8835 0809/01/2003 3162302 N/A 04/01/2013 N 5,~~434~~429,~~553~~956.9598 5,~~429~~425,~~956~~336.9826 0709/01/2003 3162641 N/A 04/01/2013 N 5,~~344~~339,~~222~~487.5878 5,~~339~~334,~~487~~729.7825 08/01/2003 3162310 N/A 04/01/2013 N 5,300,000.00 5,300,000.00 0809/01/2003 3162658 N/A 12/01/2012 N 5,~~199~~192,~~352~~447.8711 5,~~192~~185,~~447~~505.1138 08/01/2003 3162666 N/A 02/01/2013 N 5,~~122~~118,~~887~~210.6544 5,~~118~~113,~~210~~510.4403 08/01/2003 3162674 N/A 03/01/2013 N 5,~~099~~095,~~851~~154.0887 5,~~095~~090,~~154~~435.8765 0809/01/2003 883162682 N/A 04/01/2013 N 5,~~007~~000,~~891~~979.2742 54,~~000~~994,~~979~~033.4264 0809/01/2003 883162690 N/A 01/01/2013 N 4,~~937~~927,~~541~~662.5909 4,~~927~~917,~~662~~728.0982 0708/01/2003 3154192 N/A 02/01/2008 N 4,~~772~~768,~~973~~214.9479 4,~~768~~763,~~214~~433.7951 0809/01/2003 883162708 N/A 01/01/2013 N 4,~~740~~730,~~039~~555.9361 4,~~730~~721,~~555~~019.6167 0708/01/2003 883162716 N/A 01/01/2013 N 4,~~721~~716,~~104~~843.1582 4,~~716~~712,~~843~~562.8211 0809/01/2003 3162724 N/A 03/01/2013 N 4,~~681~~677,~~704~~447.5410 4,~~677~~673,~~447~~168.1061 0809/01/2003 3162732 N/A 01/01/2013 N 4,~~672~~668,~~686~~709.3050 4,~~668~~664,~~709~~711.5095 0708/01/2003 883162740 N/A 01/01/2013 N 4,~~559~~553,~~745~~542.1963 4,~~553~~547,~~542~~308.6362 08/01/2003 883154648 N/A 01/01/2013 N 4,~~530~~526,~~438~~010.7042 4,~~526~~521,~~010~~561.4214 0809/01/2003 3162757 N/A 07/01/2011 N 4,~~512~~509,~~528~~723.0644 4,~~509~~506,~~723~~900.4430 08/01/2003 883162765 N/A 01/01/2013 N 4,~~384~~380,~~463~~376.5367 4,~~380,~~376,269.6775 0809/01/2003 3162773 N/A 04/01/2013 N 4,~~331~~325,~~314~~492.3483 4,~~325~~319,~~492~~642.8304 0708/01/2003 883155405 N/A 04/01/2013 N 4,~~287~~283,~~156~~290.3510 4,~~283~~279,~~290~~404.1071 0708/01/2003 3162781 N/A 04/01/2013 N 4,~~186~~182,~~789~~771.1713 4,~~182~~178,~~771~~734.1306 08/01/2003 3162799 N/A 01/01/2013 N 4,~~173~~169,~~267~~280.5767 4,~~169~~165,~~280~~274.6755 08/01/2003 3162807 N/A 01/01/2013 N 4,~~064~~058,~~177~~659.1513 4,~~058~~053,~~659~~113.1307 08/01/2003 883162815 N/A 02/01/2013 N 3,~~970~~964,~~206~~809.0532 3,~~964~~959,~~809~~385.3236 0809/01/2003 3154689 N/A 02/01/2013 N 3,~~681~~678,~~312~~133.1908 3,~~678~~674,~~133~~937.0860 0708/01/2003 3154838 N/A 03/01/2010 N 3,660,000.00 3,660,000.00 0708/01/2003 3154614 N/A 01/01/2013 N 3,~~610~~606,~~967~~337.4179 3,~~606~~601,~~337~~683.7946 0709/01/2003 883162823 N/A 01/01/2013 N 3,~~568~~563,~~595~~759.2523 3,~~563~~558,~~759~~898.2359 0809/01/2003 3162831 N/A 12/01/2012 N 3,550,000.00 3,550,000.00 0708/01/2003 883155603 N/A 04/01/2013 N 3,~~377~~370,~~341~~068.7393 3,~~370~~362,~~068~~760.93 0708/01/2003 3162849 N/A 02/01/2013 N 3,~~325~~320,~~123~~620.0220 3,~~320~~316,~~620~~094.2058 0809/01/2003 3162856 N/A 03/01/2008 N 3,~~309~~306,~~849~~250.5092 3,~~306~~302,~~250~~636.9285 0809/01/2003 3162872 N/A 01/01/2013 N 3,~~210~~206,~~606~~047.5852 3,~~206~~201,~~047~~466.5224 0809/01/2003 3162880 N/A 03/01/2013 N 3,~~182~~177,~~131~~868.8342 3,~~177~~173,~~868~~583.4238 0809/01/2003 3162898 N/A 04/01/2013 N 3,~~111~~109,~~966~~264.0881 3,~~109~~106,~~264~~549.81 0809/01/2003 3162906 N/A 03/01/2008 N 3,~~083~~078,~~277~~775.9328 3,~~078~~074,~~775~~251.2858 0809/01/2003 3162914 N/A 02/01/2008 N 3,~~073~~068,236.6130 3,~~068~~063,~~236~~215.3002 0708/01/2003 3162922 N/A 01/01/2013 N 3,~~076~~073,~~643~~102.6450 3,~~073~~069,~~102~~543.5046 0809/01/2003 883162930 N/A 03/01/2013 N 3,~~037~~034,~~520~~596.7018 3,~~034~~031,~~596~~657.1879 0809/01/2003 3162948 N/A 03/01/2013 N 2,~~974~~967,~~154~~852.6825 2,~~967~~961,~~852~~518.2540 0809/01/2003 3162955 N/A 01/01/2008 N 2,~~898~~894,~~546~~446.9423 2,~~894~~890,~~446~~325.2346 0809/01/2003 883154655 N/A 01/01/2013 N 2,~~843~~839,~~349~~563.0994 2,~~839~~835,~~563~~759.9422 0809/01/2003 3162963 N/A 12/01/2012 N 2,~~707~~704,~~772~~846.5721 2,~~704~~701,~~846~~905.2123 0809/01/2003 883154663 N/A 02/01/2013 N 2,~~700~~696,~~556~~860.0170 2,~~696~~693,~~860~~146.7086 08/01/2003 3162971 N/A 02/01/2008 N 2,~~680~~676,~~311~~763.5569 2,~~676~~673,~~763~~197.6950 0708/01/2003 3162989 N/A 01/01/2013 N 2,~~570~~568,~~990~~880.0124 2,~~568~~566,~~880~~759.2421 0709/01/2003 3154382 N/A 02/01/2013 N 2,~~546~~543,~~190~~789.4967 2,~~543~~541,~~789~~377.6721 0708/01/2003 883153731 N/A 11/01/2012 N 2,~~331~~329,~~747~~705.9486 2,~~329~~327,~~705~~653.8623 08/01/2003 3162997 N/A 04/01/2013 N 2,~~240~~237,~~477~~517.4554 2,~~237~~234,~~517~~542.5451 08/01/2003 883163003 N/A 01/01/2013 N 2,~~182~~179,~~529~~890.2478 2,~~179~~177,~~890~~237.7855 0809/01/2003 3163011 N/A 04/01/2013 N 2,~~093~~091,~~727~~839.5134 2,~~091~~089,~~839~~941.3482 0809/01/2003 883154762 N/A 02/01/2013 N 2,~~089~~087,~~068~~189.4660 2,~~087~~085,~~189~~301.6033 0809/01/2003 3163029 N/A 01/01/2013 N 2,~~082~~079,~~558~~898.3259 2,~~079~~077,~~898~~224.5962 0809/01/2003 3163037 N/A 09/01/2007 N 2,~~073~~070,~~327~~846.2832 2,~~070~~068,~~846~~351.3204 08/01/2003 883163045 N/A 01/01/2013 N 2,~~044~~041,~~096~~342.8847 2,~~041~~038,~~342~~573.4797 0809/01/2003 883163052 N/A 03/01/2013 N 1,~~989~~987,~~652~~205.9475 1,~~987~~984,~~205~~745.7522 0809/01/2003 3163060 N/A 01/01/2013 N 1,~~885~~883,~~391~~201.7299 1,~~883~~880,~~201~~999.9963 0809/01/2003 3163078 N/A 01/01/2008 N 1,~~884~~882,~~494~~138.1840 1,~~882~~879,~~138~~769.4078 08/01/2003 3163086 N/A 03/01/2013 N 1,~~839~~837,~~863~~449.3371 1,~~837~~835,~~449~~023.7162 0709/01/2003 883163102 N/A 12/01/2012 N 1,~~753~~751,~~425~~227.7578 1,~~751~~749,~~227~~017.7879 0809/01/2003 3163110 N/A 04/01/2013 N 1,~~714~~713,~~743~~154.7813 1,~~713~~711,~~154~~556.1376 0809/01/2003 883154622 N/A 01/01/2013 N 1,~~490~~489,~~837~~484.0764 1,~~489~~488,~~484~~125.6444 0708/01/2003 883163128 N/A 01/01/2013 N 1,~~488~~486,~~240~~470.8517 1,~~486~~484,~~470~~689.1746 08/01/2003 883154820 N/A 02/01/2013 N 1,~~468~~465,~~906~~888.5523 1,~~465~~462,~~888~~854.2311 08/01/2003 3155041 N/A 03/01/2013 N 1,~~382~~380,~~122~~871.5296 1,~~380~~379,~~871~~615.9619 0708/01/2003 3163136 N/A 04/01/2013 N 1,~~276~~274,~~088~~905.4041 1,~~274~~273,~~905~~716.4167 0809/01/2003 3163144 N/A 01/01/2013 N 1,~~189~~188,~~613~~016.9298 1,~~188~~186,~~016~~411.9885 08/01/2003 Totals 1,~~185~~184,~~321~~237,~~505~~173.2580 1,~~184~~183,~~237~~147,~~173~~358.8014

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 09/10/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 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 09/10/2003 0 $0.00 0 $0.00 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 09/10/2003 5.815149% 5.753841% 101 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) 3162161 3 0 0708/01/2003 268,630.38 268,630.38 A 3162278 7 0 08/01/2003 44,673.10 44,673.10 A 3162328 9 0 08/01/2003 126,288.07 126,288.07 A 3154465 12 0 0708/01/2003 126,063.11 126,063.11 A 3147790 18 0 0708/01/2003 105,934.60 105,934.60 A 3162229 19 0 0708/01/2003 97,182.32 97,182.32 A 3162393 23 0 0708/01/2003 87,534.38 87,534.38 A 883162450 24 0 0708/01/2003 84,083.90 84,083.90 A ~~3147709~~3162237 2527 0 0708/01/2003 8380,~~278~~508.8440 8380,~~278~~508.8440 A ~~3162237~~3162476 2728 0 0708/01/2003 8076,~~508~~514.4061 8076,~~508~~514.4061 A 3162245 29 0 08/01/2003 74,534.78 74,534.78 A 3162252 30 0 08/01/2003 73,909.25 73,909.25 A 3162260 32 0 0708/01/2003 71,356.25 71,356.25 A 3154358 34 0 08/01/2003 68,357.94 68,357.94 A 883163169 36 0 08/01/2003 82,689.07 82,689.07 A 883163177 37 0 08/01/2003 49,638.75 49,638.75 A 3163201 40 0 08/01/2003 54,547.08 54,547.08 A 3163219 41 0 08/01/2003 61,076.96 61,076.96 A 883163227 43 0 0708/01/2003 67,621.28 67,621.28 A 3163250 46 0 08/01/2003 40,381.81 40,381.81 A 3145836 47 0 0708/01/2003 43,637.67 43,637.67 A 3163268 48 0 08/01/2003 40,300.00 40,300.00 A 3163292 53 0 08/01/2003 38,185.79 38,185.79 A 883154135 55 0 0708/01/2003 40,461.40 40,461.40 A 3163367 56 0 08/01/2003 39,526.04 39,526.04 A 3163383 58 0 08/01/2003 43,171.73 43,171.73 A 3154846 59 0 0708/01/2003 26,978.61 26,978.61 A 3162500 60 0 08/01/2003 42,038.67 42,038.67 A 883152542 64 0 0708/01/2003 46,041.27 46,041.27 A ~~3162625~~3162641 6770 0 0708/01/2003 6331,~~742~~518.6026 6331,~~742~~518.6026 A ~~3162302~~3162658 6972 0 0708/01/2003 3233,~~675~~992.5094 3233,~~675~~992.5094 A 3162666 73 0 08/01/2003 30,086.73 30,086.73 A 883162690 76 0 0708/01/2003 36,750.70 36,750.70 A 883162708 78 0 0708/01/2003 35,280.67 35,280.67 A 3162732 81 0 0708/01/2003 28,360.43 28,360.43 A 883162740 82 0 08/01/2003 29,094.06 29,094.06 A 3162757 84 0 08/01/2003 32,608.61 32,608.61 A 3162773 86 0 0708/01/2003 27,603.21 27,603.21 A 883155405 87 0 0708/01/2003 25,093.63 25,093.63 A ~~3154689~~3162781 9288 0 0708/01/2003 2223,~~135~~847.8214 2223,~~135~~847.8214 A ~~3154838~~3162799 9389 0 0708/01/2003 1424,~~150~~111.9832 1424,~~150~~111.9832 A ~~3154614~~3162807 9490 0 0708/01/2003 2326,~~908~~166.1730 2326,~~908~~166.1730 BA 3154689 92 0 08/01/2003 22,135.82 22,135.82 A 3154838 93 0 08/01/2003 14,150.98 14,150.98 A 3162831 96 0 0708/01/2003 17,332.88 17,332.88 A 883155603 97 0 0708/01/2003 23,623.07 23,623.07 A 3162914 104 0 0708/01/2003 17,888.27 17,888.27 A ~~3162971~~883154663 ~~112~~111 0 0708/01/2003 17,~~396~~234.1425 17,~~396~~234.1425 A ~~3162989~~3162971 ~~113~~112 0 0708/01/2003 1517,~~836~~396.0014 1517,~~836~~396.0014 A 3154382 114 0 0708/01/2003 14,744.89 14,744.89 A ~~3163086~~883153731 ~~126~~115 0 0708/01/2003 1114,~~919~~089.5844 1114,~~919~~089.5844 A 3162997 116 0 08/01/2003 14,400.66 14,400.66 A 3163037 121 0 08/01/2003 14,442.91 14,442.91 A 3163078 125 0 08/01/2003 12,627.84 12,627.84 A 883154622 129 0 0708/01/2003 8,809.89 8,809.89 A 883163128 130 0 08/01/2003 10,126.42 10,126.42 A 883154820 131 0 08/01/2003 10,705.07 10,705.07 A 3155041 132 0 0708/01/2003 8,105.89 8,105.89 A 3163144 134 0 08/01/2003 7,702.30 7,702.30 A Totals 3359 12,~~674~~731,~~670~~897.7394 12,~~674~~731,~~670~~897.7394

Resolution Actual Outstanding Loan Number Strategy Servicing Foreclosure Principal Servicing Bankruptcy REO Code(2) Transfer Date Date Balance Advances Date Date 3162161 43,~~785~~749,~~633~~638.3850 0.00 3162278 7,958,155.57 0.00 3162328 21,014,616.80 0.00 3154465 19,~~886~~858,~~012~~755.8055 0.00 3147790 16,~~705~~692,~~013~~580.8289 0.00 3162229 16,~~414~~399,~~351~~644.3632 0.00 3162393 14,~~514~~501,~~130~~586.8818 0.00 883162450 1413,~~004~~991,~~042~~709.3572 0.00 ~~3147709~~3162237 13,~~855~~162,~~426~~969.1427 0.00 ~~3162237~~3162476 1312,~~173~~799,~~994~~874.36 0.00 3162245 12,720,521.70 0.00 3162252 12,713,725.90 0.00 3162260 11,~~682~~672,~~530~~741.8857 0.00 3154358 11,456,949.89 0.00 883163169 11,064,889.86 0.00 883163177 10,500,000.00 0.00 3163201 10,300,000.00 0.00 3163219 10,163,342.74 0.00 883163227 9,~~085~~066,~~076~~898.5528 0.00 3163250 8,300,000.00 0.00 3145836 8,240,000.00 0.00 3163268 8,000,000.00 0.00 3163292 7,126,494.98 0.00 883154135 6,~~827~~821,~~833~~596.6091 0.00 3163367 6,659,370.07 0.00 3163383 6,518,053.11 0.00 3154846 6,500,000.00 0.00 3162500 6,456,214.29 0.00 883152542 6,~~185~~173,~~752~~375.1310 0.00 ~~3162625~~3162641 5,~~906~~339,~~847~~487.1278 0.00 ~~3162302~~3162658 5,~~434~~192,~~553~~447.9511 0.00 3162666 5,118,210.44 0.00 883162690 4,~~937~~927,~~541~~662.5909 0.00 883162708 4,~~740~~730,~~039~~555.9361 0.00 3162732 4,~~672~~668,~~686~~709.3050 0.00 883162740 4,553,542.63 0.00 3162757 4,509,723.44 0.00 3162773 4,~~331~~325,~~314~~492.3483 0.00 883155405 4,~~287~~283,~~156~~290.3510 0.00 ~~3154689~~3162781 34,~~681~~182,~~312~~771.1913 0.00 ~~3154838~~3162799 34,~~660~~169,~~000~~280.67 0.00 3162807 4,058,659.13 0.00 ~~3154614~~3154689 3,~~610~~678,~~967~~133.4108 0.00 3154838 3,660,000.00 0.00 3162831 3,550,000.00 0.00 883155603 3,~~377~~370,~~341~~068.7393 0.00 3162914 3,~~073~~068,236.6130 0.00 ~~3162971~~883154663 2,~~680~~696,~~311~~860.5570 0.00 ~~3162989~~3162971 2,~~570~~676,~~990~~763.0169 0.00 3154382 2,~~546~~543,~~190~~789.4967 0.00 ~~3163086~~883153731 2,329,705.86 0.00 3162997 2,237,517.54 0.00 3163037 2,070,846.32 0.00 3163078 1,~~839~~882,~~863~~138.3340 0.00 883154622 1,~~490~~489,~~837~~484.0764 0.00 883163128 1,486,470.17 0.00 883154820 1,465,888.23 0.00 3155041 1,~~382~~380,~~122~~871.5296 0.00 3163144 1,188,016.98 0.00 Totals ~~268~~451,~~633~~418,~~110~~330.3849 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 (3259 loan) 12,~~650~~731,~~762~~897.5694 12,~~650~~731,~~762~~897.5694 ~~265~~451,~~022~~418,~~142~~330.9749 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