8-K 1 mlm03a04_sept.txt SEPTEMBER 8K 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): September 25, 2003 MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2003-A04 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-47270-09 54-2121798 Pooling and Servicing Agreement) (Commission 54-2121799 (State or other File Number) 54-2121800 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 September 25, 2003 a distribution was made to holders of MERRILL LYNCH MORTGAGE INVESTORS, INC., Mortgage Pass-Through Certificates, Series 2003-A04 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-A04 Trust, relating to the September 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. MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2003-A04 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: 10/1/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-A04 Trust, relating to the September 25, 2003 distribution. EX-99.1

Merrill Lynch Mortgage Loans, Inc. Mortgage Pass-Through Certificates Record Date: 78/31/03 Distribution Date: 89/25/03 MLM Series: 2003-A04 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 I-A 589929W53 SEN 4.~~35606~~35525% ~~416~~398,~~807~~532,~~000~~123.0071 1,~~513~~446,~~031~~423.1046 1825,~~274~~085,~~876~~914.2954 II-A 589929W61 SEN 4.61000% ~~129~~122,~~921~~419,~~000~~575.0036 ~~499~~470,~~113~~295.1820 78,~~501~~358,~~424~~029.6428 II-AIO 589929W79 SEN 0.~~33462~~32957% 0.00 3633,~~228~~621.8486 0.00 III-A 589929W87 SEN 5.~~05532~~05095% 7772,~~934~~729,~~000~~321.0091 ~~328~~306,~~317~~126.6999 52,~~204~~812,~~678~~427.0925 IV-A 589929W95 SEN 5.~~55122~~52860% 87,~~807~~385,~~000~~740.0049 4034,~~741~~027.3332 1623,~~421,259~~357.5192 M-1 589929X29 SUB 4.~~57944~~57702% 10,~~154~~145,~~000~~454.0083 38,~~749~~696.7259 8,~~545~~491.1795 M-2 589929X37 SUB 4.~~57944~~57702% 4,~~257~~253,~~000~~417.0049 16,~~245~~223.5730 3,~~582~~560.5120 M-3 589929X45 SUB 4.~~57944~~57702% 2,~~947~~944,~~000~~519.0093 11,~~246~~230.3593 2,~~480~~464.0762 B-1 589929X86 SUB 4.~~57944~~57702% 1,~~638~~636,~~000~~621.0053 6,~~250~~242.9437 1,~~378~~369.4789 B-2 589929X94 SUB 4.~~57944~~57702% 1,~~311~~309,~~000~~896.0072 54,~~003~~996.0418 1,~~103~~096.2841 B-3 589929Y28 SUB 4.~~57944~~57702% 1,~~311~~310,~~974~~870.6555 54,~~006~~999.7690 1,~~104~~097.1023 R-I 589929X52 RES 0.00000% 0.00 0.00 0.00 R-II 589929X60 RES 0.00000% 0.00 0.00 0.00 R-III 589929X78 RES 0.00000% 0.00 0.00 0.00 Totals ~~655~~622,~~087~~667,~~974~~542.6552 2,~~499~~372,~~934~~884.5210 3236,~~420~~897,~~432~~809.1329

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 ~~398~~373,~~532~~446,~~123~~209.7118 1926,~~787~~532,~~907~~338.3900 0.00 II-A 0.00 ~~122~~114,~~419~~061,~~575~~546.3609 8,~~000~~828,~~537~~324.8248 0.00 II-AIO 0.00 0.00 3633,~~228~~621.8486 0.00 III-A 0.00 7269,~~729~~916,~~321~~894.9166 53,~~532~~118,~~995~~554.7824 0.00 IV-A 0.00 76,~~385~~762,~~740~~382.4957 1657,~~462,000~~385.8424 0.00 M-1 0.00 10,~~145~~136,~~454~~962.8387 47,~~294~~188.8954 0.00 M-2 0.00 4,~~253~~249,~~417~~857.4929 19,~~828~~783.0850 0.00 M-3 0.00 2,~~944~~942,~~519~~055.9331 13,~~726~~695.4255 0.00 B-1 0.00 1,~~636~~635,~~621~~251.5364 7,~~629~~612.4126 0.00 B-2 0.00 1,~~309~~308,~~896~~800.7231 6,~~106~~092.3259 0.00 B-3 0.00 1,~~310~~309,~~870~~773.5532 6,~~110~~097.8613 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 Totals 0.00 ~~622~~585,~~667~~769,~~542~~733.5224 3439,~~920~~270,~~366~~693.6539 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) I-A 416,807,000.00 ~~416~~398,~~807~~532,~~000~~123.0071 ~~343~~327,~~944~~561.6360 1724,~~930~~758,~~931~~352.6694 0.00 0.00 II-A 129,921,000.00 ~~129~~122,~~921~~419,~~000~~575.0036 ~~106~~100,~~809~~136.5966 78,~~394~~257,~~615~~892.0562 0.00 0.00 II-AIO 0.00 0.00 0.00 0.00 0.00 0.00 III-A 77,934,000.00 7772,~~934~~729,~~000~~321.0091 7671,~~796~~388.4488 52,~~127~~741,~~881~~038.6537 0.00 0.00 IV-A 8,807,000.00 87,~~807~~385,~~000~~740.0049 54,~~551~~091.2948 1619,~~415,708~~266.2244 0.00 0.00 M-1 10,154,000.00 10,~~154~~145,~~000~~454.0083 8,~~545~~491.1795 0.00 0.00 0.00 M-2 4,257,000.00 4,~~257~~253,~~000~~417.0049 3,~~582~~560.5120 0.00 0.00 0.00 M-3 2,947,000.00 2,~~947~~944,~~000~~519.0093 2,~~480~~464.0762 0.00 0.00 0.00 B-1 1,638,000.00 1,~~638~~636,~~000~~621.0053 1,~~378~~369.4789 0.00 0.00 0.00 B-2 1,311,000.00 1,~~311~~309,~~000~~896.0072 1,~~103~~096.2841 0.00 0.00 0.00 B-3 1,311,974.65 1,~~311~~310,~~974~~870.6555 1,~~104~~097.1023 0.00 0.00 0.00 R-I 0.00 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 0.00 Totals 655,087,974.65 ~~655~~622,~~087~~667,~~974~~542.6552 ~~551~~521,~~295~~258.5592 3136,~~869~~376,~~136~~550.5837 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 I-A 1825,~~274~~085,~~876~~914.2954 ~~398~~373,~~532~~446,~~123~~209.7118 0.~~95615506~~89596914 1825,~~274~~085,~~876~~914.2954 II-A 78,~~501~~358,~~424~~029.6428 ~~122~~114,~~419~~061,~~575~~546.3609 0.~~94226165~~87793002 78,~~501~~358,~~424~~029.6428 II-AIO 0.00 0.00 0.00000000 0.00 III-A 52,~~204~~812,~~678~~427.0925 7269,~~729~~916,~~321~~894.9166 0.~~93321685~~89712955 52,~~204~~812,~~678~~427.0925 IV-A 1623,~~421,259~~357.5192 76,~~385~~762,~~740~~382.4957 0.~~83862161~~76784178 1623,~~421,259~~357.5192 M-1 8,~~545~~491.1795 10,~~145~~136,~~454~~962.8387 0.~~99915844~~99832213 8,~~545~~491.1795 M-2 3,~~582~~560.5120 4,~~253~~249,~~417~~857.4929 0.~~99915844~~99832213 3,~~582~~560.5120 M-3 2,~~480~~464.0762 2,~~944~~942,~~519~~055.9331 0.~~99915844~~99832213 2,~~480~~464.0762 B-1 1,~~378~~369.4789 1,~~636~~635,~~621~~251.5364 0.~~99915844~~99832212 1,~~378~~369.4789 B-2 1,~~103~~096.2841 1,~~309~~308,~~896~~800.7231 0.~~99915844~~99832213 1,~~103~~096.2841 B-3 1,~~104~~097.1023 1,~~310~~309,~~870~~773.5532 0.~~99915844~~99832212 1,~~104~~097.1023 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 Totals 3236,~~420~~897,~~432~~809.1329 ~~622~~585,~~667~~769,~~542~~733.5224 0.~~95050980~~89418484 3236,~~420~~897,~~432~~809.1329

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 416,807,000.00 ~~1000~~956.~~00000000~~15506388 0.~~82518919~~78588315 4359.~~01974693~~40004112 0.00000000 II-A 129,921,000.00 ~~1000~~942.~~00000000~~26164639 0.~~82211182~~77075038 5663.~~91624179~~56087638 0.00000000 II-AIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A 77,934,000.00 ~~1000~~933.~~00000000~~21684900 0.~~98540355~~91601714 6535.~~79774745~~17127788 0.00000000 IV-A 8,807,000.00 ~~1000~~838.~~00000000~~62160668 0.~~63032701~~46457136 ~~160~~70.~~74806631~~31525378 0.00000000 M-1 10,154,000.00 ~~1000~~999.~~00000000~~15844298 0.~~84155702~~83631574 0.00000000 0.00000000 M-2 4,257,000.00 ~~1000~~999.~~00000000~~15844257 0.~~84155743~~83631665 0.00000000 0.00000000 M-3 2,947,000.00 ~~1000~~999.~~00000000~~15844248 0.~~84155752~~83631490 0.00000000 0.00000000 B-1 1,638,000.00 ~~1000~~999.~~00000000~~15844322 0.~~84155678~~83631868 0.00000000 0.00000000 B-2 1,311,000.00 ~~1000~~999.~~00000000~~15844394 0.~~84155606~~83631579 0.00000000 0.00000000 B-3 1,311,974.65 ~~1000~~999.~~00000000~~15844411 0.~~84155589~~83631951 0.00000000 0.00000000 R-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00 0.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A 0.00000000 4360.~~84493612~~18592428 ~~956~~895.~~15506388~~96913963 0.~~95615506~~89596914 4360.~~84493612~~18592428 II-A 0.00000000 5764.~~73835361~~33162676 ~~942~~877.~~26164639~~93001970 0.~~94226165~~87793002 5764.~~73835361~~33162676 II-AIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A 0.00000000 6636.~~78315100~~08729502 ~~933~~897.~~21684900~~12955398 0.~~93321685~~89712955 6636.~~78315100~~08729502 IV-A 0.00000000 ~~161~~70.~~37839332~~77982514 ~~838~~767.~~62160668~~84178154 0.~~83862161~~76784178 ~~161~~70.~~37839332~~77982514 M-1 0.00000000 0.~~84155702~~83631574 ~~999~~998.~~15844298~~32212626 0.~~99915844~~99832213 0.~~84155702~~83631574 M-2 0.00000000 0.~~84155743~~83631665 ~~999~~998.~~15844257~~32212591 0.~~99915844~~99832213 0.~~84155743~~83631665 M-3 0.00000000 0.~~84155752~~83631490 ~~999~~998.~~15844248~~32212759 0.~~99915844~~99832213 0.~~84155752~~83631490 B-1 0.00000000 0.~~84155678~~83631868 ~~999~~998.~~15844322~~32212454 0.~~99915844~~99832212 0.~~84155678~~83631868 B-2 0.00000000 0.~~84155606~~83631579 ~~999~~998.~~15844394~~32212815 0.~~99915844~~99832213 0.~~84155606~~83631579 B-3 0.00000000 0.~~84155589~~83631951 ~~999~~998.~~15844411~~32212459 0.~~99915844~~99832212 0.~~84155589~~83631951 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 I-A 416,807,000.00 4.~~35606~~35525% ~~416~~398,~~807~~532,~~000~~123.0071 1,~~513~~446,~~031~~423.1047 0.00 0.00 II-A 129,921,000.00 4.61000% ~~129~~122,~~921~~419,~~000~~575.0036 ~~499~~470,~~113~~295.1820 0.00 0.00 II-AIO 0.00 0.~~33462~~32957% ~~129~~122,~~921~~419,~~000~~575.00 36 33,~~228~~621.8486 0.00 0.00 III-A 77,934,000.00 5.~~05532~~05095% 7772,~~934~~729,~~000~~321.0091 ~~328~~306,~~317~~126.6999 0.00 0.00 IV-A 8,807,000.00 5.~~55122~~52860% 87,~~807~~385,~~000~~740.0049 4034,~~741~~027.3332 0.00 0.00 M-1 10,154,000.00 4.~~57944~~57702% 10,~~154~~145,~~000~~454.0083 38,~~749~~696.7259 0.00 0.00 M-2 4,257,000.00 4.~~57944~~57702% 4,~~257~~253,~~000~~417.0049 16,~~245~~223.5730 0.00 0.00 M-3 2,947,000.00 4.~~57944~~57702% 2,~~947~~944,~~000~~519.0093 11,~~246~~230.3593 0.00 0.00 B-1 1,638,000.00 4.~~57944~~57702% 1,~~638~~636,~~000~~621.0053 6,~~250~~242.9437 0.00 0.00 B-2 1,311,000.00 4.~~57944~~57702% 1,~~311~~309,~~000~~896.0072 54,~~003~~996.0418 0.00 0.00 B-3 1,311,974.65 4.~~57944~~57702% 1,~~311~~310,~~974~~870.6555 54,~~006~~999.7690 0.00 0.00 R-I 0.00 0.00000% 0.00 0.00 0.00 0.00 R-II 0.00 0.00000% 0.00 0.00 0.00 0.00 R-III 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 655,087,974.65 2,~~499~~372,~~934~~884.5211 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 I-A 0.00 0.00 1,~~513~~446,~~031~~423.1046 0.00 ~~398~~373,~~532~~446,~~123~~209.7118 II-A 0.00 0.00 ~~499~~470,~~113~~295.1820 0.00 ~~122~~114,~~419~~061,~~575~~546.3609 II-AIO 0.00 0.00 3633,~~228~~621.8486 0.00 ~~122~~114,~~419~~061,~~575~~546.3609 III-A 0.00 0.00 ~~328~~306,~~317~~126.6999 0.00 7269,~~729~~916,~~321~~894.9166 IV-A 0.00 0.00 4034,~~741~~027.3332 0.00 76,~~385~~762,~~740~~382.4957 M-1 0.00 0.00 38,~~749~~696.7259 0.00 10,~~145~~136,~~454~~962.8387 M-2 0.00 0.00 16,~~245~~223.5730 0.00 4,~~253~~249,~~417~~857.4929 M-3 0.00 0.00 11,~~246~~230.3593 0.00 2,~~944~~942,~~519~~055.9331 B-1 0.00 0.00 6,~~250~~242.9437 0.00 1,~~636~~635,~~621~~251.5364 B-2 0.00 0.00 54,~~003~~996.0418 0.00 1,~~309~~308,~~896~~800.7231 B-3 0.00 0.00 54,~~006~~999.7690 0.00 1,~~310~~309,~~870~~773.5532 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,~~499~~372,~~934~~884.5210 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 I-A 416,807,000.00 4.~~35606~~35525% ~~1000~~956.~~00000000~~15506388 3.~~63005204~~47024755 0.00000000 0.00000000 II-A 129,921,000.00 4.61000% ~~1000~~942.~~00000000~~26164639 3.~~84166671~~61985514 0.00000000 0.00000000 II-AIO 0.00 0.~~33462~~32957% ~~1000~~942.~~00000000~~26164639 0.~~27885284~~25878696 0.00000000 0.00000000 III-A 77,934,000.00 5.~~05532~~05095% ~~1000~~933.~~00000000~~21684900 43.~~21276580~~92802872 0.00000000 0.00000000 IV-A 8,807,000.00 5.~~55122~~52860% ~~1000~~838.~~00000000~~62160668 43.~~62601680~~86366754 0.00000000 0.00000000 M-1 10,154,000.00 4.~~57944~~57702% ~~1000~~999.~~00000000~~15844298 3.~~81620248~~81097006 0.00000000 0.00000000 M-2 4,257,000.00 4.~~57944~~57702% ~~1000~~999.~~00000000~~15844257 3.~~81620155~~81097017 0.00000000 0.00000000 M-3 2,947,000.00 4.~~57944~~57702% ~~1000~~999.~~00000000~~15844248 3.~~81620292~~81097048 0.00000000 0.00000000 B-1 1,638,000.00 4.~~57944~~57702% ~~1000~~999.~~00000000~~15844322 3.~~81620269~~81097070 0.00000000 0.00000000 B-2 1,311,000.00 4.~~57944~~57702% ~~1000~~999.~~00000000~~15844394 3.~~81620137~~81096873 0.00000000 0.00000000 B-3 1,311,974.65 4.~~57944~~57702% ~~1000~~999.~~00000000~~15844411 3.~~81620178~~81097302 0.00000000 0.00000000 R-I 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 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 I-A 0.00000000 0.00000000 3.~~63005204~~47024752 0.00000000 ~~956~~895.~~15506388~~96913963 II-A 0.00000000 0.00000000 3.~~84166671~~61985514 0.00000000 ~~942~~877.~~26164639~~93001970 II-AIO 0.00000000 0.00000000 0.~~27885284~~25878696 0.00000000 ~~942~~877.~~26164639~~93001970 III-A 0.00000000 0.00000000 43.~~21276580~~92802872 0.00000000 ~~933~~897.~~21684900~~12955398 IV-A 0.00000000 0.00000000 43.~~62601680~~86366754 0.00000000 ~~838~~767.~~62160668~~84178154 M-1 0.00000000 0.00000000 3.~~81620248~~81097006 0.00000000 ~~999~~998.~~15844298~~32212626 M-2 0.00000000 0.00000000 3.~~81620155~~81097017 0.00000000 ~~999~~998.~~15844257~~32212591 M-3 0.00000000 0.00000000 3.~~81620292~~81097048 0.00000000 ~~999~~998.~~15844248~~32212759 B-1 0.00000000 0.00000000 3.~~81620269~~81097070 0.00000000 ~~999~~998.~~15844322~~32212454 B-2 0.00000000 0.00000000 3.~~81620137~~81096873 0.00000000 ~~999~~998.~~15844394~~32212815 B-3 0.00000000 0.00000000 3.~~81620178~~81097302 0.00000000 ~~999~~998.~~15844411~~32212459 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 0.00 Deposits Payments of Interest and Principal 3539,~~027~~381,~~694~~158.18 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 3424,~~869~~723.2744 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 3539,~~062~~405,~~563~~881.4562 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~142~~135,~~196~~188.8023 Payment of Interest and Principal 3439,~~920~~270,~~366~~693.6539 Total Withdrawals (Pool Distribution Amount) 3539,~~062~~405,~~563~~881.4562 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~142~~135,~~196~~188.8023 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~142~~135,~~196~~188.8023

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 1210 0 0 0 1210 64,~~445~~490,~~746~~110.4314 0.00 0.00 0.00 64,~~445~~490,~~746~~110.4314 60 Days 01 0 0 0 01 0799,641.0078 0.00 0.00 0.00 0799,641.0078 90 Days 10 0 0 0 10 ~~526,800~~0.00 0.00 0.00 0.00 ~~526,800~~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 1311 0 0 0 1311 65,~~972~~289,~~546~~751.4392 0.00 0.00 0.00 65,~~972~~289,~~546~~751.4392 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.~~839161~~737463% 0.000000% 0.000000% 0.000000% 0.~~839161~~737463% 10.~~034519~~766031% 0.000000% 0.000000% 0.000000% 10.~~034519~~766031% 60 Days 0.~~000000~~073746% 0.000000% 0.000000% 0.000000% 0.~~000000~~073746% 0.~~000000~~136422% 0.000000% 0.000000% 0.000000% 0.~~000000~~136422% 90 Days 0.~~069930~~000000% 0.000000% 0.000000% 0.000000% 0.~~069930~~000000% 0.~~084549~~000000% 0.000000% 0.000000% 0.000000% 0.~~084549~~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.~~909091~~811209% 0.000000% 0.000000% 0.000000% 0.~~909091~~811209% 10.~~119068~~902453% 0.000000% 0.000000% 0.000000% 10.~~119068~~902453%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 108 0 0 0 108 53,~~717~~774,~~224~~582.5400 0.00 0.00 0.00 53,~~717~~774,~~224~~582.5400 60 Days 01 0 0 0 01 0799,641.0078 0.00 0.00 0.00 0799,641.0078 90 Days 10 0 0 0 10 ~~526,800~~0.00 0.00 0.00 0.00 ~~526,800~~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 119 0 0 0 119 64,~~244~~574,~~024~~223.5478 0.00 0.00 0.00 64,~~244~~574,~~024~~223.5478 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~054852~~891862% 0.000000% 0.000000% 0.000000% 10.~~054852~~891862% 10.~~384268~~973079% 0.000000% 0.000000% 0.000000% 10.~~384268~~973079% 60 Days 0.~~000000~~111483% 0.000000% 0.000000% 0.000000% 0.~~000000~~111483% 0.~~000000~~206146% 0.000000% 0.000000% 0.000000% 0.~~000000~~206146% 90 Days 0.~~105485~~000000% 0.000000% 0.000000% 0.000000% 0.~~105485~~000000% 0.~~127550~~000000% 0.000000% 0.000000% 0.000000% 0.~~127550~~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 1.~~160338~~003344% 0.000000% 0.000000% 0.000000% 1.~~160338~~003344% 1.~~511818~~179225% 0.000000% 0.000000% 0.000000% 1.~~511818~~179225% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 ~~728~~715,~~521~~528.8914 0.00 0.00 0.00 ~~728~~715,~~521~~528.8914 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2 0 0 0 2 ~~728~~715,~~521~~528.8914 0.00 0.00 0.00 ~~728~~715,~~521~~528.8914 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~687285~~729927% 0.000000% 0.000000% 0.000000% 0.~~687285~~729927% 0.~~573980~~603510% 0.000000% 0.000000% 0.000000% 0.~~573980~~603510% 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.~~687285~~729927% 0.000000% 0.000000% 0.000000% 0.~~687285~~729927% 0.~~573980~~603510% 0.000000% 0.000000% 0.000000% 0.~~573980~~603510% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 3 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 4 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 3424,~~869~~723.2744

~~CREDIT~~Class ~~ENHANCEMENT~~2A ~~Original~~108,359,974.65 $16.54128588% ~~Original~~98,261,977.97 16.77484725% ~~Current~~19.472079% $0.000000% ~~Current~~Class 3A 30,425,974.65 4.64456315% ~~Bankruptcy~~28,345,083.31 ~~100~~4.83894638% 11.935901% 0.000000% Class R-I 21,~~000~~618,974.0065 3.30016356% 21,582,700.74 3.68450255% 0.~~01526513~~000000% ~~100~~0.000000% Class R-II 21,~~000~~618,974.0065 3.30016356% 21,582,700.74 3.68450255% 0.~~01605993~~000000% ~~Fraud~~0.000000% 6Class R-III 21,~~550~~618,~~880~~974.0065 3.30016356% 21,582,700.74 3.68450255% 0.000000% 0.000000% Class M-1 11,464,974.~~00000004~~65 1.75014274% 611,~~550~~445,~~880~~737.0087 1.~~05206704~~95396539% ~~Special~~1.730537% ~~Hazard~~0.000000% 6Class M-2 7,~~550~~207,~~880~~974.0065 1.~~00000004~~10030636% 67,~~550~~195,880.0058 1.~~05206704~~22844868% ~~Limit~~0.725517% of0.000000% ~~Subordinate's~~Class ~~Exposure~~M-3 4,260,974.65 0.65044312% 4,253,825.27 0.72619410% 0.502255% 0.000000% Class B-1 2,622,974.65 0.40040037% 2,618,573.63 0.44703123% 0.279163% 0.000000% Class B-2 1,311,974.65 0.20027457% 1,309,773.32 0.22359867% 0.223433% 0.000000% Class B-3 0.00 0.00000000% 0.00 0.00000000% 0.223599% 0.000000% Please Refer to ~~Certain~~the ~~Types~~Prospectus Supplement for a Full Description of ~~Losses~~Loss Exposure

~~COLLATERAL~~CREDIT ~~STATEMENT~~ENHANCEMENT ~~Collateral~~Original ~~Description~~$ ~~Mixed~~Original ~~Fixed~~% &Current ~~Arm~~$ ~~Weighted~~Current ~~Average~~% ~~Gross~~Bankruptcy ~~Coupon~~100,000.00 40.~~839896~~01526513% ~~Weighted Average Net Coupon 4~~100,000.~~579418%~~00 ~~Weighted Average Pass-Through Rate 4~~0.~~579418~~01707155% ~~Weighted~~Fraud ~~Average Maturity(Stepdown Calculation ) 355 Beginning Scheduled Collateral Loan Count 1~~6,~~494 Number Of Loans Paid In Full 64 Ending Scheduled Collateral Loan Count 1~~550,~~430~~880.00 ~~Beginning Scheduled Collateral Balance 655,087,974~~1.6500000004% ~~Ending Scheduled Collateral Balance 622~~6,~~667~~550,~~542~~880.5200 ~~Ending Actual Collateral Balance at 31-Jul-2003 623,067,012~~1.9611833706% ~~Monthly~~Special PHazard ~~&I Constant 3~~6,~~193~~550,~~426~~880.~~88 Special Servicing Fee 0.~~00 ~~Prepayment Penalties 0~~1.0000000004% ~~Realized Loss Amount 0~~6,550,880.00 ~~Cumulative Realized Loss 0~~1.0011833706% ~~Ending~~Limit ~~Scheduled~~of ~~Balance~~Subordinate's ~~for~~Exposure ~~Premium~~to ~~Loans~~Certain ~~622,667,542.52~~Types ~~Scheduled~~of ~~Principal 551,295.55 Unscheduled Principal 31,869,136.58~~Losses

~~Group~~COLLATERAL ~~Level~~STATEMENT Collateral ~~Statement~~Description ~~Group~~Mixed ~~Group~~Fixed 1& ~~Group~~Arm 2Weighted ~~Group~~Average 3Gross ~~Collateral~~Coupon ~~Description~~4.833537% ~~Mixed ARM Mixed ARM Mixed ARM~~ Weighted Average Net Coupon ~~Rate~~ 4.~~621066~~573004% ~~5.196027 5.306792~~ Weighted Average ~~Net~~Pass-Through Rate 4.~~356062~~573004% ~~4.944623 5.055319~~ Weighted Average Maturity(Stepdown ~~355~~Calculation ~~355~~) ~~355~~354 Beginning Scheduled Collateral Loan Count ~~983~~1,430 ~~306~~Number ~~188~~Of Loans Paid In Full 3574 15Ending 11Scheduled ~~Ending~~Collateral Loan Count ~~948~~1,356 ~~291 177~~ Beginning Scheduled Collateral Balance ~~431~~622,~~031~~667,~~096~~542.8952 ~~134,355,276.79 80,593,740.62~~ Ending ~~scheduled~~Scheduled Collateral Balance ~~412~~585,~~744~~769,~~483~~733.0324 ~~126,850,206.68~~Ending ~~75,386,441.61~~Actual ~~Record~~Collateral ~~Date~~Balance ~~07/31/2003~~at ~~07/~~31/-Aug-2003 ~~07/31/2003 Principal And Interest Constant 2~~586,~~015~~152,~~534~~486.~~70 692,216.48 435,829.18 Scheduled Principal 355,682.20 110,455.06 79,417.36 Unscheduled Principal 17,930,931.66 7,394,615.~~05 ~~5,127,881.65~~Monthly ~~Scheduled~~P ~~Interest~~&I ~~1,659,852.50~~Constant ~~581~~3,~~761.42 356~~029,~~411~~331.8225 ~~Servicing~~Special ~~Fees 95,187.19 28,147.88 16,889.26 Master~~ Servicing ~~Fees 0.00 0.00 0.00 Trustee~~ Fee 0.00 ~~0.00~~Prepayment ~~0.00~~Penalties ~~FRY Amount~~ 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 1,564,665.31 553,613.54 339,522.56 Realized Loss Amount 0.00 ~~0.00 0.00~~ Cumulative Realized Loss 0.00 ~~0.00~~Ending ~~0.00~~Scheduled ~~Percentage~~Balance offor ~~Cumulative~~Premium ~~Losses~~Loans 0585,769,733.0024 ~~0.00~~Scheduled ~~0.00~~Principal ~~Prepayment Penalties 0~~521,258.0091 ~~0.00~~Unscheduled ~~0.00~~Principal ~~Special Servicing Fee 0~~36,376,550.~~00 0.00 0.00 Pass-Through Rate 4.356062 4.944623 5.055319~~37

Group Level Collateral Statement Group Group 41 ~~Total~~Group 2 Group 3 Collateral Description Mixed ARM Mixed ~~Fixed~~ARM &Mixed ~~Arm~~ARM Weighted Average Coupon Rate 4.620182 5.~~811102~~191059 45.~~839896~~302527 Weighted Average Net Rate 54.~~551221~~355253 4.~~579418~~939573 5.050953 Weighted Average Maturity ~~353~~354 ~~355~~354 354 Beginning Loan Count 17948 ~~1,494~~291 177 Loans Paid In Full 351 6417 5 Ending Loan Count 14897 ~~1,430~~274 172 Beginning Scheduled Balance 9412,~~107~~744,~~860~~483.3503 ~~655~~126,~~087~~850,~~974~~206.6568 75,386,441.61 Ending scheduled Balance 7387,~~686~~646,~~411~~887.2007 ~~622~~118,~~667~~488,~~542~~553.5224 72,571,406.21 Record Date 0708/31/2003 0708/31/2003 08/31/2003 Principal And Interest Constant 491,~~846~~928,371.5283 3652,~~193~~499.90 407,~~426~~112.8859 Scheduled Principal 5339,~~740~~243.9302 ~~551~~103,~~295~~760.5582 73,997.03 Unscheduled Principal 124,~~415~~758,~~708~~352.2294 318,~~869~~257,~~136~~892.5862 2,741,038.37 Scheduled Interest 441,~~105~~589,128.5981 2548,~~642~~739.08 333,~~131~~115.3356 Servicing Fees 191,~~972~~123.4733 ~~142~~26,~~196~~584.8016 15,804.41 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 421,~~133~~498,005.1248 2522,~~499~~154.92 317,~~934~~311.5315 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 54.~~551221~~355253 4.~~579418~~939573 5.050953

~~Miscellaneous~~Group ~~Reporting~~Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 5.790305 4.833537 Weighted Average Net Rate 5.528597 4.573004 Weighted Average Maturity 352 354 Beginning Loan Count 14 1,430 ~~Available~~Loans ~~Funds~~Paid 19In Full 1 74 Ending Loan Count 13 1,~~851~~356 Beginning Scheduled Balance 7,~~279~~686,411.1820 ~~Group~~622,667,542.52 ~~Group~~Ending 2scheduled ~~Available~~Balance ~~Funds~~7,062,886.72 8585,~~058~~769,~~683~~733.6424 ~~Group~~Record ~~Group~~Date 08/31/2003 08/31/2003 Principal And Interest Constant 41,346.93 3,029,331.25 ~~Available~~Scheduled ~~Funds~~Principal 54,~~546~~258.04 521,~~821~~258.91 Unscheduled Principal 619,266.44 36,376,550.37 Scheduled Interest 37,088.89 2,508,072.34 Servicing Fees 1,676.33 135,188.23 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 35,412.56 2,372,884.11 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.528596 4.573004

Miscellaneous Reporting Group Group 41 Available Funds 126,~~463~~595,~~582~~601.2744 Group Group 2 Available Funds 8,883,808.36 Group Group 3 Available Funds 3,132,346.55

Filing Compare · MERRILL LYNCH MOR INV INC PSS THR CER SER MLMI 2003-A4