8-K 1 gmc03c2_oct.txt OCTOBER 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 : October 10, 2003 (Date of earliest event reported) Commission File No.: 333-107510-01 GMAC Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003-C2 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-2123739 54-2123740 54-2123738 54-6553638 (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 October 10, 2003 a distribution was made to holders of GMAC Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003-C2 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 Commercial Mortgage Pass-Through Certificates, Series 2003-C2, relating to the October 10, 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. GMAC Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003-C2 By: Wells Fargo Bank Minnesota, N.A., as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: October 10, 2003 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2003-C2, relating to the October 10, 2003 distribution. EX-99.1 Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Rd Columbia, MD 21045-1951 GMAC Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003-C2 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: 10/10/2003 Record Date: 09/30/2003 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 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 13 Principal Prepayment Detail 14 Historical Detail 15 Delinquency Loan Detail 16 - 17 Specially Serviced Loan Detail 18 - 19 Modified Loan Detail 20 Liquidated Loan Detail 21 Depositor GMAC Commercial Mortgage Securities, Inc. 200 Witmer Road Horsham, PA 19044 Contact: Karen Repeckyj Phone Number: (215) 328-1259 Master Servicer GMAC Commercial Mortgage Corporation 200 Witmer Road Horsham, PA 19044 Contact: Darri Cunningham Phone Number: (215) 328-1784 Special Servicer GMAC Commercial Mortgage Corporation 550 California Street, 12th Floor San Francisco, CA 94104 Contact: Henry Bieber Phone Number: (415) 835-9200 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 361849YT3 4.576000% 589,963,000.00 ~~589~~588,~~963~~947,~~000~~289.0068 1,~~015~~166,~~710~~355.3244 A-2 361849YU0 5.~~445963~~280218% 471,610,000.00 471,610,000.00 0.00 B 361849YV8 5.~~461963~~296218% 40,333,000.00 40,333,000.00 0.00 C 361849YW6 5.~~461963~~296218% 16,133,000.00 16,133,000.00 0.00 D 361849YX4 5.~~461963~~296218% 30,654,000.00 30,654,000.00 0.00 E 361849YY2 5.~~461963~~296218% 16,133,000.00 16,133,000.00 0.00 F 361849ZB1 5.~~461963~~296218% 20,973,000.00 20,973,000.00 0.00 G 361849ZC9 5.~~461963~~296218% 11,294,000.00 11,294,000.00 0.00 H 361849ZD7 5.~~461963~~296218% 16,133,000.00 16,133,000.00 0.00 J 361849ZE5 5.~~461963~~296218% 20,973,000.00 20,973,000.00 0.00 K 361849ZF2 5.~~461963~~296218% 8,067,000.00 8,067,000.00 0.00 L 361849ZG0 5.~~461963~~296218% 8,067,000.00 8,067,000.00 0.00 M 361849ZH8 5.~~461963~~296218% 9,680,000.00 9,680,000.00 0.00 N 361849ZJ4 5.~~461963~~296218% 4,840,000.00 4,840,000.00 0.00 O 361849ZK1 5.~~461963~~296218% 4,840,000.00 4,840,000.00 0.00 P 361849ZL9 5.~~461963~~296218% 20,973,634.29 20,973,634.29 0.00 R-1 361849RR1 0.000000% 0.00 0.00 0.00 R-2 361849RR2 0.000000% 0.00 0.00 0.00 R-3 361849RR3 0.000000% 0.00 0.00 0.00 Totals 1,290,666,634.29 1,~~290~~289,~~666~~650,~~634~~923.2997 1,~~015~~166,~~710~~355.3244

Class CUSIP Interest Prepayment Realized Loss/ Total Ending Current Distribution Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level(1) A-1 361849YT3 2,~~249~~245,~~725~~852.5733 0.00 0.00 3,~~265~~412,~~435~~207.8977 ~~588~~587,~~947~~780,~~289~~934.6824 17.7678% A-2 361849YU0 2,~~140~~075,~~308~~169.7766 0.00 0.00 2,~~140~~075,~~308~~169.7766 471,610,000.00 17.7678% B 361849YV8 ~~183~~178,~~581~~010.1230 0.00 0.00 ~~183~~178,~~581~~010.1230 40,333,000.00 14.6465% C 361849YW6 7371,~~431~~203.5424 0.00 0.00 7371,~~431~~203.5424 16,133,000.00 13.3940% D 361849YX4 ~~139~~135,~~525~~291.8489 0.00 0.00 ~~139~~135,~~525~~291.8489 30,654,000.00 11.0102% E 361849YY2 7371,~~431~~203.5424 0.00 0.00 7371,~~431~~203.5424 16,133,000.00 9.7677% F 361849ZB1 9592,~~461~~564.4665 0.00 0.00 9592,~~461~~564.4665 20,973,000.00 8.1314% G 361849ZC9 5149,~~406~~846.1724 0.00 0.00 5149,~~406~~846.1724 11,294,000.00 7.26% H 361849ZD7 7371,~~431~~203.5424 0.00 0.00 7371,~~431~~203.5424 16,133,000.00 6.0001% J 361849ZE5 9592,~~461~~564.4665 0.00 0.00 9592,~~461~~564.4665 20,973,000.00 4.38% K 361849ZF2 3635,~~718~~603.0583 0.00 0.00 3635,~~718~~603.0583 8,067,000.00 3.7576% L 361849ZG0 3635,~~718~~603.0583 0.00 0.00 3635,~~718~~603.0583 8,067,000.00 3.13% M 361849ZH8 4442,~~059~~722.8382 0.00 0.00 4442,~~059~~722.8382 9,680,000.00 2.38% N 361849ZJ4 2221,~~029~~361.9241 0.00 0.00 2221,~~029~~361.9241 4,840,000.00 2.00% O 361849ZK1 2221,~~029~~361.9241 0.00 0.00 2221,~~029~~361.9241 4,840,000.00 1.63% P 361849ZL9 9592,~~464~~567.3445 0.00 0.00 9592,~~464~~567.3445 20,973,634.29 0.00% R-1 361849RR1 0.00 0.00 0.00 0.00 0.00 0.00% R-2 361849RR2 0.00 0.00 0.00 0.00 0.00 0.00% R-3 361849RR3 0.00 0.00 0.00 0.00 0.00 0.00% Totals 5,~~432~~332,~~785~~130.1219 0.00 0.00 6,~~448~~498,~~495~~485.4463 1,~~289~~288,~~650~~484,~~923~~568.9753

Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount X-1 361849YZ9 0.~~046508~~040749% 1,290,666,634.29 1,~~290~~289,~~666~~650,~~634~~923.2997 X-2 361849ZA3 0.~~388718~~313455% 1,209,629,000.00 1,209,629,000.00

Ending Interest Prepayment Total Notional Class CUSIP Distribution Penalties Distribution Amount X-1 361849YZ9 5043,~~022~~793.4108 0.00 5043,~~022~~793.4108 1,~~289~~288,~~650~~484,~~923~~568.9652 X-2 361849ZA3 ~~391~~315,~~836~~970.7939 0.00 ~~391~~315,~~836~~970.7939 1,209,629,000.00 (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 361849YT3 ~~1,000~~998.~~00000000~~27834912 1.~~72165088~~97699761 3.~~81333333~~80676810 0.00000000 0.00000000 ~~998~~996.~~27834912~~30135151 A-2 361849YU0 1,000.00000000 0.00000000 4.~~53830235~~40018163 0.00000000 0.00000000 1,000.00000000 B 361849YV8 1,000.00000000 0.00000000 4.~~55163563~~41351499 0.00000000 0.00000000 1,000.00000000 C 361849YW6 1,000.00000000 0.00000000 4.~~55163578~~41351516 0.00000000 0.00000000 1,000.00000000 D 361849YX4 1,000.00000000 0.00000000 4.~~55163568~~41351504 0.00000000 0.00000000 1,000.00000000 E 361849YY2 1,000.00000000 0.00000000 4.~~55163578~~41351516 0.00000000 0.00000000 1,000.00000000 F 361849ZB1 1,000.00000000 0.00000000 4.~~55163591~~41351500 0.00000000 0.00000000 1,000.00000000 G 361849ZC9 1,000.00000000 0.00000000 4.~~55163538~~41351514 0.00000000 0.00000000 1,000.00000000 H 361849ZD7 1,000.00000000 0.00000000 4.~~55163578~~41351516 0.00000000 0.00000000 1,000.00000000 J 361849ZE5 1,000.00000000 0.00000000 4.~~55163591~~41351500 0.00000000 0.00000000 1,000.00000000 K 361849ZF2 1,000.00000000 0.00000000 4.~~55163630~~41351556 0.00000000 0.00000000 1,000.00000000 L 361849ZG0 1,000.00000000 0.00000000 4.~~55163630~~41351556 0.00000000 0.00000000 1,000.00000000 M 361849ZH8 1,000.00000000 0.00000000 4.~~55163533~~41351446 0.00000000 0.00000000 1,000.00000000 N 361849ZJ4 1,000.00000000 0.00000000 4.~~55163636~~41351446 0.00000000 0.00000000 1,000.00000000 O 361849ZK1 1,000.00000000 0.00000000 4.~~55163636~~41351446 0.00000000 0.00000000 1,000.00000000 P 361849ZL9 1,000.00000000 0.00000000 4.~~55163558~~41351502 0.00000000 0.00000000 1,000.00000000 R-1 361849RR1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 361849RR2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 361849RR3 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 361849YZ9 ~~1,000~~999.~~00000000~~21303434 0.~~03875703~~03393059 0.00000000 ~~999~~998.~~21303433~~30934983 X-2 361849ZA3 1,000.00000000 0.~~32393138~~26121264 0.00000000 1,000.00000000

Reconciliation Detail Advance Summary P & I Advances Outstanding 0.00 Servicing Advances Outstanding 0410,516.0058 Reimbursement for Interest on P & I ~~Advances~~ 0.00 Advances paid from general collections Reimbursement for Interest on Servicing ~~Advances~~ 0.00 Advances paid from general collections

Servicing Fee Summary Current Period Accrued Master Servicing Fees 7270,~~324~~188.6637 Less ~~Delinquent~~Master Servicing Fees 0on Delinquent Payments 34,255.0080 Less Reductions to Master Servicing Fees 0.00 Plus Master Servicing Fees for Delinquent Payments Received 05,030.0071 Plus Adjustments for Prior Master Servicing Calculation 0.00 Total Master Servicing Fees Collected 7240,~~324~~963.6628

Certificate Interest Reconciliation Class Accrued Net Aggregate Deferred Distributable Distributable Additional Interest Remaining Unpaid Certificate Prepayment Interest Certificate Certificate Trust Fund Distribution Distributable Interest Interest Shortfall Amount Interest Interest Expenses Certificate Adjustment Interest A-1 2,~~249~~245,~~725~~852.5733 0.00 2,~~249~~245,~~725~~852.5733 0.00 0.00 2,~~249~~245,~~725~~852.5733 2,~~249~~245,~~725~~852.5733 0.00 A-2 2,~~140~~075,~~308~~169.7766 0.00 2,~~140~~075,~~308~~169.7766 0.00 0.00 2,~~140~~075,~~308~~169.7766 2,~~140~~075,~~308~~169.7766 0.00 X-1 5043,~~022~~793.4108 0.00 5043,~~022~~793.4108 0.00 0.00 5043,~~022~~793.4108 5043,~~022~~793.4108 0.00 X-2 ~~391~~315,~~836~~970.7939 0.00 ~~391~~315,~~836~~970.7939 0.00 0.00 ~~391~~315,~~836~~970.7939 ~~391~~315,~~836~~970.7939 0.00 B ~~183~~178,~~581~~010.1230 0.00 ~~183~~178,~~581~~010.1230 0.00 0.00 ~~183~~178,~~581~~010.1230 ~~183~~178,~~581~~010.1230 0.00 C 7371,~~431~~203.5424 0.00 7371,~~431~~203.5424 0.00 0.00 7371,~~431~~203.5424 7371,~~431~~203.5424 0.00 D ~~139~~135,~~525~~291.8489 0.00 ~~139~~135,~~525~~291.8489 0.00 0.00 ~~139~~135,~~525~~291.8489 ~~139~~135,~~525~~291.8489 0.00 E 7371,~~431~~203.5424 0.00 7371,~~431~~203.5424 0.00 0.00 7371,~~431~~203.5424 7371,~~431~~203.5424 0.00 F 9592,~~461~~564.4665 0.00 9592,~~461~~564.4665 0.00 0.00 9592,~~461~~564.4665 9592,~~461~~564.4665 0.00 G 5149,~~406~~846.1724 0.00 5149,~~406~~846.1724 0.00 0.00 5149,~~406~~846.1724 5149,~~406~~846.1724 0.00 H 7371,~~431~~203.5424 0.00 7371,~~431~~203.5424 0.00 0.00 7371,~~431~~203.5424 7371,~~431~~203.5424 0.00 J 9592,~~461~~564.4665 0.00 9592,~~461~~564.4665 0.00 0.00 9592,~~461~~564.4665 9592,~~461~~564.4665 0.00 K 3635,~~718~~603.0583 0.00 3635,~~718~~603.0583 0.00 0.00 3635,~~718~~603.0583 3635,~~718~~603.0583 0.00 L 3635,~~718~~603.0583 0.00 3635,~~718~~603.0583 0.00 0.00 3635,~~718~~603.0583 3635,~~718~~603.0583 0.00 M 4442,~~059~~722.8382 0.00 4442,~~059~~722.8382 0.00 0.00 4442,~~059~~722.8382 4442,~~059~~722.8382 0.00 N 2221,~~029~~361.9241 0.00 2221,~~029~~361.9241 0.00 0.00 2221,~~029~~361.9241 2221,~~029~~361.9241 0.00 O 2221,~~029~~361.9241 0.00 2221,~~029~~361.9241 0.00 0.00 2221,~~029~~361.9241 2221,~~029~~361.9241 0.00 P 9592,~~464~~567.3445 0.00 9592,~~464~~567.3445 0.00 0.00 9592,~~464~~567.3445 9592,~~464~~567.3445 0.00 Total 5,~~874~~691,~~644~~893.3266 0.00 5,~~874~~691,~~644~~893.3266 0.00 0.00 5,~~874~~691,~~644~~893.3266 5,~~874~~691,~~644~~893.3266 0.00

Other Required Information Available Distribution Amount (1) 6,~~890~~858,~~354~~249.6410 Aggregate Number of Outstanding Loans 90 Aggregate Stated Principal Balance of Loans ~~Beffore~~before ~~Distribution~~Distributions 1,~~290~~289,~~666~~650,~~634~~923.2894 Aggregate Stated Principal Balance of Loans ~~After~~after ~~Distribution~~Distributions 1,~~289~~288,~~650~~484,~~923~~568.9652 Percentage of ~~Cutoff~~Cut-off Date Principal Balance after Distributions 99.9283% Aggregate Amount of Servicing Fee 7240,~~324~~963.6628 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of Trustee Fee 1,~~996~~934.8048 Aggregate Additional Trust Fund ~~Expenses~~Expences 0.00 ~~Interest Reserve Deposit 0.00 Interest Reserve Withdrawal 0.00~~ Specially Serviced Loans not Delinquent Number of Outstanding Loans 0 Aggregate Unpaid Principal Balance 0.00 Interest Reserve Account Deposits 0.00 Withdrawals 0.00 (1) The Available Distribution Amount includes any Prepayment Premiums. 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,~~948~~764,~~965~~016.6253 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments 0.00 Deferred 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,~~948~~764,~~965~~016.6253 Principal: Scheduled Principal 1,~~015~~166,~~710~~355.3441 Unscheduled Principal 0.0001 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 0.0001 Negative Amortization 0.00 Principal Adjustments 0~~.00~~ Total Principal Collected 1,~~015~~166,~~710~~355.3442 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 6,~~964~~930,~~675~~371.9695 Total Funds Distributed Fees: Master Servicing Fee 7270,~~324~~188.6637 Trustee Fee 1,~~996~~934.8048 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 7472,~~321~~122.4684 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 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 0.00 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 5,~~874~~691,~~644~~893.3266 Principal Distribution 1,~~015~~166,~~710~~355.3244 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,~~890~~858,~~354~~249.6410 Total Funds Distributed 6,~~964~~930,~~676~~371.1094

Current Mortgage Loan and Property Stratification Tables Scheduled Balance % Of Scheduled # of Scheduled Agg. WAM Weighted Balance Loans Balance Bal. (2) WAC Avg DSCR(1) 1,999,999 or less 4 7,~~339~~331,~~891~~808.9036 0.57 ~~102~~101 5.~~5303~~5304 1.~~687954~~687943 2,000,000 to 2,999,999 8 2019,~~002~~980,~~014~~297.5339 1.55 ~~121~~120 5.6042 1.~~637603~~637612 3,000,000 to 3,999,999 9 31,~~690~~657,~~368~~209.9093 2.46 ~~138~~137 5.~~5909~~5908 1.~~485765~~485769 4,000,000 to 5,999,999 10 52,~~282~~215,~~427~~490.8228 4.05 ~~121~~120 5.~~8221~~8222 1.~~388683~~388737 6,000,000 to 7,999,999 6 39,~~964~~927,~~499~~448.4863 3.10 ~~112~~111 5.4336 1.~~530000~~530042 8,000,000 to 9,999,999 7 64,~~961~~901,~~807~~361.1668 5.04 ~~125~~124 5.7126 1.~~441043~~441085 10,000,000 to 14,999,999 18 ~~215~~214,~~124~~923,~~323~~008.7221 16.68 ~~104~~103 5.3354 1.~~559644~~559757 15,000,000 to 29,999,999 17 349,~~545~~233,~~402~~137.7040 27.10 9897 5.~~5241~~5242 1.~~410507~~410540 30,000,000 to 49,999,999 9 372,~~828~~458,~~200~~228.2721 28.91 ~~102~~101 5.~~0089~~0090 1.~~690310~~690134 50,000,000 or greater 2 135,~~911~~856,~~987~~578.4843 10.54 8382 5.~~4743~~4739 2.~~288443~~288805 Totals 90 1,~~289~~288,~~650~~484,~~923~~568.9652 100.00 ~~103~~102 5.~~3602~~3601 1.~~620103~~620161

State(3) % Of # of Scheduled Agg. WAM Weighted State Props Balance Bal. (2) WAC Avg DSCR(1) Alabama 4 24,~~855~~817,~~349~~592.4078 1.93 7069 4.~~5266~~5267 1.~~900842~~900767 Arizona 6 75,~~714~~633,~~517~~005.8531 5.87 9594 5.4329 1.~~491032~~491025 California 13 106,~~363~~240,~~419~~750.0014 8.25 9998 5.2922 1.~~368300~~368298 Connecticut 3 29,~~160~~128,~~345~~796.4867 2.26 ~~114~~113 5.7503 1.410723 Florida 10 115,~~994~~875,~~900~~500.9868 8.99 ~~105~~104 5.~~2117~~2116 1.~~578188~~578332 Georgia 2 11,~~339~~326,~~168~~568.0631 0.88 ~~119~~118 5.~~4516~~4517 1.~~516645~~516638 Idaho 1 9,~~371~~354,~~850~~216.5138 0.73 5453 4.4100 2.190000 ~~Iowa~~Illinois 2 50,~~312~~258,~~645~~128.1510 3.90 ~~116~~115 5.6599 1.~~509345~~509346 Maryland 2 10,~~367~~353,~~681~~971.9462 0.80 ~~119~~118 6.6000 1.390000 Massachusetts 1 75,000,000.00 5.82 5554 4.6250 3.010000 Michigan 5 80,~~025~~004,~~829~~345.9006 6.21 ~~114~~113 5.~~4687~~4688 1.~~467334~~467259 Minnesota 1 13,575,000.00 1.05 ~~117~~116 5.1500 1.700000 Mississippi 2 20,~~670~~644,~~706~~710.5490 1.60 ~~104~~103 5.~~3167~~3168 1.~~574736~~574646 Nevada 7 ~~156~~155,~~063~~919,~~357~~287.5447 12.10 ~~117~~116 5.~~4933~~4935 1.~~797611~~797391 New Jersey 4 55,~~274~~215,~~137~~329.0781 4.29 ~~119~~118 5.6893 1.~~341624~~341614 New Mexico 1 3,~~642~~637,~~165~~963.6830 0.28 ~~117~~116 5.3000 1.340000 New York 9 152,~~722~~600,~~730~~167.4910 11.84 8988 5.~~1775~~1773 1.~~338742~~338734 North Carolina 3 21,~~126~~094,~~462~~214.1286 1.64 8988 4.~~6839~~6840 1.~~669514~~669361 Ohio 2 10,~~638~~620,~~802~~590.8572 0.82 8180 5.~~1489~~1490 1.~~906539~~906483 Oregon 1 2,~~096~~094,~~305~~107.0012 0.16 ~~118~~117 5.7800 2.900000 Pennsylvania 6 34,~~509~~471,~~610~~885.7367 2.68 ~~117~~116 5.~~5883~~5884 1.~~596439~~596446 South Carolina 4 53,~~817~~781,~~083~~843.4892 4.17 9695 5.~~5901~~5903 1.~~634724~~634836 Texas 5 60,~~494~~416,~~745~~545.4623 4.69 ~~127~~126 5.~~4166~~4165 1.~~440484~~440520 Virginia 11 70,~~156~~104,~~381~~475.6082 5.44 ~~121~~120 5.~~7902~~7901 1.~~531747~~531874 Washington 1 9,~~372~~362,~~991~~918.6255 0.73 ~~117~~116 5.6800 1.350000 Washington,DC 3 25,~~384~~352,~~735~~653.5301 1.97 8483 5.6891 1.~~458316~~458319 Wisconsin 1 11,600,000.00 0.90 ~~116~~115 5.1900 1.690000 Totals 110 1,~~289~~288,~~650~~484,~~923~~568.9652 100.00 ~~103~~102 5.~~3602~~3601 1.~~620103~~620161

Debt Service Coverage Ratio(1) Debt Service # of Scheduled % of Weighted Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 1.09 or less 1 3,~~902~~896,~~435~~876.1124 0.30 ~~296~~295 6.5300 1.000000 1.20 ~~to1~~to 1.29 15 ~~176~~175,~~053~~851,~~432~~015.0044 13.65 ~~107~~106 5.3091 1.~~250243~~250240 1.30 ~~to1~~to 1.39 19 286,~~565~~298,~~399~~808.2459 22.22 ~~108~~107 5.~~4152~~4151 1.~~348059~~348053 1.40 ~~to1~~to 1.49 24 ~~403~~402,~~347~~980,~~869~~216.6250 31.28 ~~113~~112 5.6728 1.~~435052~~435046 1.50 ~~to1~~to 1.59 9 87,~~347~~278,~~909~~784.4577 6.77 9594 5.~~6183~~6182 1.~~532953~~532946 1.60 ~~to1~~to 1.69 6 59,~~149~~094,~~154~~747.10 4.59 8988 5.3090 1.~~649595~~649605 1.70 ~~to1~~to 1.79 5 33,~~258~~244,~~352~~202.0695 2.58 ~~114~~113 5.~~3411~~3410 1.~~722292~~722290 1.80 ~~to1~~to 1.89 3 24,~~508~~490,~~299~~626.4814 1.90 9190 4.~~8753~~8755 1.~~857564~~857541 1.90 ~~to1~~to 1.99 1 25,000,000.00 1.94 8180 5.9400 1.910000 2.00 or greater 7 190,~~518~~349,~~072~~290.9079 14.77 7776 4.~~5257~~5258 2.~~719921~~720175 Totals 90 1,~~289~~288,~~650~~484,~~923~~568.9652 100.00 ~~103~~102 5.~~3602~~3601 1.~~620103~~620161

Property Type (3) Property # of Scheduled % of Weighted Type Props Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Industrial 1 8,~~731~~712,~~816~~155.0719 0.68 ~~179~~178 5.7200 1.210000 Lodging 3 41,~~419~~397,~~096~~382.0239 3.21 9291 6.~~3610~~3606 1.~~764774~~764890 Mixed Use 2 19,~~585~~561,~~033~~398.0181 1.52 ~~119~~118 5.7671 1.~~364373~~364371 Mobile Home Park 2 3029,~~007~~972,~~507~~744.3068 2.33 6160 5.2777 1.~~728023~~728032 Multi-Family 33 ~~368~~367,~~169~~877,~~489~~090.8378 28.55 ~~108~~107 5.2919 1.~~369300~~369319 Office 22 322,~~228~~036,~~322~~593.7140 24.99 8584 5.~~0776~~0774 1.~~881879~~882115 Retail 47 ~~499~~498,~~509~~927,~~659~~203.0327 38.7372 ~~112~~111 5.~~4925~~4926 1.~~634808~~634738 Totals 110 1,~~289~~288,~~650~~484,~~923~~568.9652 100.00 ~~103~~102 5.~~3602~~3601 1.~~620103~~620161

Note Rate Note # of Scheduled % of Weighted Rate Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 4.4999% or less 3 109,~~175~~000,~~674~~052.69 8.4746 8382 4.3413 2.~~422413~~422465 4.5000% ~~to4~~to 4.7499% 4 173,~~618~~549,~~589~~355.3666 13.4647 6968 4.6165 2.~~049970~~050258 4.7500% ~~to4~~to 4.9999% 7 90,~~978~~878,~~573~~730.6495 7.05 7574 4.9063 1.~~583914~~584124 5.0000% ~~to5~~to 5.2499% 13 179,~~358~~207,~~818~~969.1858 13.91 ~~105~~104 5.1722 1.~~541613~~541647 5.2500% ~~to5~~to 5.4999% 17 162,~~698~~572,~~405~~970.0077 12.62 ~~116~~115 5.4110 1.~~386535~~386571 5.5000% ~~to5~~to 5.7499% 22 306,~~824~~532,~~965~~219.9578 23.79 ~~118~~117 5.~~6354~~6353 1.~~399463~~399469 5.7500% ~~to5~~to 5.9999% 13 98,~~641~~559,~~777~~501.9421 7.65 ~~104~~103 5.8378 1.~~609957~~610046 6.0000% ~~to6~~to 6.4999% 6 65,~~819~~760,~~726~~225.7949 5.10 ~~118~~117 6.0733 1.~~374399~~374393 6.5000% ~~to6~~to 6.7499% 4 96,~~541~~437,~~092~~870.4800 7.4948 ~~125~~124 6.5359 1.~~396744~~396746 6.7500% or greater 1 5,~~993~~985,~~299~~672.9339 0.46 9695 7.8750 1.550000 Totals 90 1,~~289~~288,~~650~~484,~~923~~568.9652 100.00 ~~103~~102 5.~~3602~~3601 1.~~620103~~620161

Seasonings Age of Most # of Scheduled % of Weighted Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 12 months or less 89 1,~~283~~282,~~657~~498,~~624~~896.0313 99.54 ~~103~~102 5.3484 1.~~620430~~620488 13 to 24 months 10 ~~5,993,299~~0.9300 0.4600 960 70.~~8750~~0000 10.~~550000~~000000 25 to 36 months 01 05,985,672.0039 0.0046 095 07.~~0000~~8750 01.~~000000~~550000 37 to 48 months 0 0.00 0.00 0 0.0000 0.000000 49 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 90 1,~~289~~288,~~650~~484,~~923~~568.9652 100.00 ~~103~~102 5.~~3602~~3601 1.~~620103~~620161

Anticipated Remaining Term (ARD and Balloon Loans) Anticipated # of Scheduled % of Weighted Remaining Term(2) Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 80 months or less 1213 ~~319~~344,~~540~~257,~~085~~457.0138 2426.7872 5758 4.~~7336~~8211 1.~~928649~~927468 81 to 100 months 32 3712,~~786~~771,~~848~~706.0602 20.9399 8488 6.~~1624~~5971 1.~~739636~~406540 101 to 120 months 71 ~~912~~911,~~228~~406,~~422~~935.9678 70.73 ~~117~~116 5.5410 1.~~516321~~516315 121 to 180 months 2 11,~~229~~206,~~064~~304.7461 0.87 ~~171~~170 5.~~5265~~5264 1.~~256702~~256739 181 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 88 1,~~280~~279,~~784~~642,~~420~~403.7779 99.31 ~~102~~101 5.3578 1.~~623504~~623557

Remaining Stated Term (Fully Amortizing Loans) Remaining # of Scheduled % of Weighted Stated Term Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 60 months or less 0 0.00 0.00 0 0.0000 0.000000 61 to 100 months 0 0.00 0.00 0 0.0000 0.000000 101 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 180 months 1 4,~~964~~945,~~068~~288.0849 0.38 ~~178~~177 5.0500 1.230000 181 months or greater 1 3,~~902~~896,~~435~~876.1124 0.30 ~~296~~295 6.5300 1.000000 Totals 2 8,~~866~~842,~~503~~164.1973 0.69 ~~230~~229 5.~~7014~~7023 1.~~128770~~128636

Remaining Amortization Term (ARD and Balloon Loans) Remaining # of Scheduled % of Weighted Amortization Term Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Interest Only 2 85,000,000.00 6.5960 6261 4.6574 3.024118 200 months or less 0 0.00 0.00 0 0.0000 0.000000 201 to 240 months 1 8,~~731~~712,~~816~~155.0719 0.68 ~~179~~178 5.7200 1.210000 241 to 280 months 1 5,~~993~~985,~~299~~672.9339 0.46 9695 7.8750 1.550000 281 to 300 months 7 140,~~431~~272,~~360~~695.1438 10.89 8685 5.~~4212~~4215 1.~~759844~~759701 301 months or greater 77 1,~~040~~039,~~627~~671,~~944~~880.6383 80.69 ~~107~~106 5.3889 1.~~494594~~494573 Totals 88 1,~~280~~279,~~784~~642,~~420~~403.7779 99.31 ~~102~~101 5.3578 1.~~623504~~623557

Age of Most Recent NOI # of Scheduled % of Weighted Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Underwriter's Information 90 1,~~289~~288,~~650~~484,~~923~~568.9652 100.00 ~~103~~102 5.~~3602~~3601 1.~~620103~~620161 1 year or less 0 0.00 0.00 0 0.0000 0.000000 1 ~~to2~~to 2 years 0 0.00 0.00 0 0.0000 0.000000 2 years or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 90 1,~~289~~288,~~650~~484,~~923~~568.9652 100.00 ~~103~~102 5.~~3602~~3601 1.~~620103~~620161 (1)The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. "NAP" means not applicable and relates to the omission of credit lease loans in the calculation of DSCR. (2)Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3)Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of the related mortgage loan as disclosed in the offering document.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type(1) City State Payment Payment Coupon 991087988 1 OF Boston MA ~~298~~289,~~697~~062.9250 0.00 4.625% 11040929 2 RT Primm NV ~~342~~330,~~234~~955.7313 4455,~~129~~409.4505 6.520% 991087971 3 RT Various Various ~~188~~182,~~522~~121.1563 8693,~~846~~246.0658 4.410% 991087987 4 RT Las Vegas NV ~~179~~173,~~104~~108.6277 6167,~~288~~284.3116 4.274% 991087956 5 RT Geneva IL ~~232~~225,~~857~~138.9421 4451,~~215~~934.2497 5.650% 11040723 6 MF ~~Nov~~Novi MI 217,462.13 0.00 5.530% 991087977 7 OF New York NY ~~177~~171,~~087~~375.5000 0.00 4.570% 991087975 8 RT Round Rock TX ~~158~~153,~~513~~244.3356 3541,~~871~~140.9269 5.200% 991087978 9 MF Orlando FL ~~138~~134,~~855~~223.1377 3843,~~637~~269.6905 4.726% 991087974 10 RT Brooklyn NY ~~159~~153,~~115~~833.4737 3338,~~005~~287.6070 5.430% 991087989 11 RT ~~Somer~~Somers s NY 9087,~~807~~796.9554 1720,~~318~~329.5798 5.690% 991087992 12 RT Levittown NY 7471,~~374~~908.8743 1416,~~184~~650.5296 5.690% 991088000 13 OF Scottsdale AZ ~~154~~148,~~002~~896.8237 2934,~~702~~808.4691 5.600% 11038274 14 MH Mesa AZ ~~126~~121,~~069~~878.5892 2832,~~374~~564.0874 5.240% 991087981 15 OF Orlando FL ~~113~~109,~~412~~636.6471 2832,~~359~~135.6255 4.970% 991087973 16 RT Various VA ~~136~~132,~~572~~059.2299 2025,~~986~~498.4265 6.100% 991087993 17 RT ~~Walkil~~Walkill NY 7977,~~730~~086.8477 1517,~~205~~850.9805 5.690% 991087994 18 RT Norwalk CT 4543,~~038~~545.7920 810,~~589~~083.6423 5.690% 11039438 19 LO Charleston SC 123,750.00 0.00 5.940% 991087980 20 MF Various NY ~~100~~96,~~276~~935.8170 2629,~~103~~444.5870 4.890% 991087985 21 MF Myrtle Beach SC ~~102~~98,~~300~~904.0043 2124,~~236~~632.7734 5.400% 991087997 22 Various Various Various ~~121~~117,~~197~~154.0881 2428,~~126~~168.2047 6.600% 991088001 23 MF Mount ~~Holy~~Holly NJ ~~107~~104,~~645~~087.7822 1720,~~194~~753.4905 6.010% 11041671 24 MF Riverside CA 7573,~~797~~264.5560 2325,~~431~~964.7065 4.500% 991088002 25 MF Las Vegas NV 8381,~~781~~078.2967 0.00 5.110% 11040389 26 RT Woodbridge NJ 9188,~~295~~270.0087 1619,~~659~~683.4861 5.700% 991087957 27 MF Fenton MI 8280,~~731~~062.2550 0.00 5.490% 991087955 28 MF Brandon MS 7977,~~762~~116.9145 1518,~~942~~588.0955 5.530% 991087960 29 MF Orlando FL 7068,~~395~~125.8300 0.00 5.450% 11040644 30 OF Diamond BaBar CA 6159,~~249~~207.2045 1618,~~321~~363.5025 4.850% 991087998 31 MF Washington DC 6260,~~288~~214.8877 1517,~~550~~624.2637 5.000% 11040641 32 OF Beverly ~~Hils~~Hills CA 6967,~~391~~092.20 12 15,~~790~~089.7583 5.690% 991087951 33 RT ~~Rosevile~~Roseville MN 6058,~~201~~259.3538 0.00 5.150% 991087995 34 MF ~~Monroevile~~Monroeville PA 5755,~~367~~460.7372 1214,~~997~~904.5657 5.210% 991087991 35 MF Hartford CT 6462,~~352~~221.8210 1113,~~393~~524.0880 5.880% 11040755 36 MU ~~Milburn~~Millburn NJ 5755,~~322~~418.4446 1214,~~423~~327.8280 5.300% 11040793 37 OF Beverly ~~Hils~~Hills CA 5654,~~130~~265.8408 1214,~~662~~528.5430 5.220% 991087949 38 MF Madison WI 5150,~~842~~170.3300 0.00 5.190% 991087982 39 MF High Point NC 4847,~~992~~360.2209 1214,~~642~~274.6174 4.910% 11040734 40 OF Beverly ~~Hils~~Hills CA 5553,~~439~~602.5370 1012,~~219~~055.0790 5.690% 991087976 41 OF Montgomery AL 4139,~~112~~737.9220 1315,~~715~~091.5426 4.330% 991087968 42 OF Richmond VA 4947,~~255~~666.5667 0.00 5.200% 11034830 43 RT Plymouth MI 5150,~~718~~005.3340 911,~~356~~069.8679 5.720% 11040229 44 LO Miami FL 5856,~~423~~473.4206 1214,~~135~~086.7309 6.500% 11041269 45 RT Austin TX 5149,~~060~~369.0645 910,~~016~~707.8748 5.790% 11038864 46 RT ~~Jacksonvile~~Jacksonville FL 5049,~~833~~126.4014 1315,~~960~~667.0733 5.800% 991087962 47 OF Aventura FL 4240,~~194~~833.4433 0.00 4.900% 11039856 48 OF Culver City CA 4846,~~608~~997.6571 910,~~114~~725.9387 5.650% 991087961 49 MF ~~Charlottesvile~~Charlottesville VA 4443,~~520~~084.3117 0.00 5.330% 991087967 50 RT Various PA 4745,~~283~~718.6118 89,~~337~~902.0043 5.780% 991087958 51 MF Kirkland WA 4544,~~886~~365.1749 810,~~552~~073.3907 5.680% 11041027 52 IN ~~Amarilo~~Amarillo TX 4341,~~098~~621.6166 1819,~~183~~660.9388 5.720% 991087996 53 RT Las Vegas NV 4543,~~380~~916.5667 0.00 6.200% 11040015 54 OF Branford CT 3533,~~131~~966.8999 67,~~775~~940.8878 5.600% 991087986 55 RT Las Vegas NV 3230,~~029~~967.8926 67,~~451~~514.8750 5.470% 991087969 56 OF Richmond VA 2928,~~553~~600.3300 0.00 5.200% 991087954 57 OF King of Prussia PA 3231,~~615~~535.9858 56,~~899~~980.8323 5.750% 991087952 58 MF Las Vegas NV 2928,~~823~~833.8341 67,~~361~~351.3880 5.350% 991087953 59 RT Atlanta GA 27,~~986~~055.1189 67,~~333~~263.3254 5.200% 11032994 60 LO Sterling VA 4039,~~684~~331.6103 67,~~273~~627.9654 7.875% 991087965 61 OF ~~Glenlen~~Glen Allen VA 2726,~~782~~886.8967 0.00 5.450% 11041499 62 MF Las Vegas NV 2625,~~440~~562.4244 56,~~632~~510.5856 5.340% 11041157 63 RT Murietta CA 2726,~~469~~560.4412 45,~~801~~711.9830 5.800% 991087972 64 MF ~~lvile~~Snellville GA 2524,~~296~~458.0041 45,~~498~~336.6221 5.760% 11038423 65 MF Tucson AZ 23,~~885~~092.1939 45,~~912~~705.2606 5.450% 991087984 66 MF ~~Gledale~~Glendale AZ 2322,~~551~~770.3904 45,~~744~~525.0237 5.470% 991087966 67 RT ~~Marshal~~Marshall VA 2120,~~665~~890.1045 18,~~004~~779.9459 5.050% 991088003 68 MF Cleveland OH 2524,~~577~~718.0378 67,~~638~~496.0429 6.000% 11040720 69 OF San Diego CA 2019,~~053~~389.1309 34,~~581~~245.5861 5.750% 991087983 70 RT Melbourne FL 21,~~970~~235.7375 45,~~823~~558.8987 6.530% 11040740 71 MF Palo Alto CA 1817,~~050~~451.3100 34,~~800~~400.7304 5.380% 991087990 72 RT ~~Phiadelphia~~Philadelphia PA 1918,~~627~~978.7608 3,~~277~~927.4614 6.050% 11041029 73 MF Albuquerque NM 16,~~639~~086.1023 34,~~649~~202.5138 5.300% 991087963 74 RT Austin TX 16,~~969~~406.3708 34,~~504~~068.9322 5.440% 991087950 75 OF ~~Milburn~~Millburn NJ 14,~~773~~281.4276 34,~~551~~042.1480 5.100% 11041098 76 OF Scottsdale AZ 14,617.64 0.00 5.350% 11040651 77 RT Ontario CA 1514,~~141~~638.2898 3,~~027~~530.9727 5.500% 11040731 78 RT Huntington Park CA 14,~~678~~191.6866 23,~~942~~429.2325 5.510% 991087964 79 RT ~~Green~~Greer SC 13,~~741~~286.5304 23,~~594~~049.2473 5.650% 11041468 80 RT Culver City CA 13,~~508~~061.2512 2,~~351~~798.2841 5.810% 11038421 81 MF Tucson AZ 1211,~~176~~772.7659 2,~~504~~908.2946 5.450% 11040524 82 RT Arlington TX 12,~~845~~420.6354 2,~~197~~622.8795 5.850% 11041574 83 MF Pell City AL 10,~~440~~093.9705 23,~~751~~099.3325 4.850% 991087959 84 RT Northfield IL 12,~~582~~166.9044 2,~~165~~582.6208 5.850% 11040585 85 MF Phenix City AL 10,~~876~~515.4581 2,~~097~~458.7337 5.600% 11039794 86 MH Phoenix OR 10,~~442~~097.9920 12,~~852~~197.0988 5.780% 991087979 87 MF Ocala FL 87,~~180~~907.5675 2,~~252~~525.3920 4.750% 991087970 88 OF ~~Harleysvile~~Harleysville PA 9,~~325~~016.8392 12,~~701~~010.7869 5.700% 991087999 89 MF Los Angeles CA 9,~~677~~357.2243 1,~~506~~826.3817 6.070% 11039942 90 RT Hialeah FL 7,~~803~~544.3066 1,~~462~~721.8448 5.680% Totals 5,~~948~~764,~~965~~016.6253 1,~~015~~166,~~710~~355.3442

Loan Anticipated Neg Beginning Ending Paid Number Repayment Maturity Amort Scheduled Scheduled Thru Date Date (Y/N) Balance Balance Date 991087988 N/A 04/08/2008 N 75,000,000.00 75,000,000.00 0810/08/2003 11040929 N/A 07/01/2013 N 60,~~956~~911,~~116~~987.9348 60,~~911~~856,~~987~~578.4843 09/01/2003 991087971 N/A 03/01/2008 N 49,~~643~~556,~~752~~906.7872 49,~~556~~463,~~906~~660.7214 0910/01/2003 991087987 N/A 07/01/2013 N 48,~~667~~606,~~436~~148.4110 48,~~606~~538,~~148~~863.1094 0910/01/2003 991087956 N/A 05/01/2013 N 47,~~861~~816,~~180~~965.7854 47,~~816~~765,~~965~~030.5457 09/01/2003 11040723 N/A 08/01/2013 N 46,500,000.00 46,500,000.00 09/01/2003 991087977 N/A 08/01/2008 N 45,000,000.00 45,000,000.00 0910/01/2003 991087975 N/A 08/01/2013 N 35,~~400~~364,~~000~~128.0008 35,~~364~~322,~~128~~987.0839 0910/01/2003 991087978 N/A 08/01/2013 N 34,~~120~~081,~~000~~362.0031 34,~~081~~038,~~362~~093.3126 09/01/2003 991087974 N/A 06/01/2013 N 3433,~~029~~996,~~329~~323.4484 33,~~996~~958,~~323~~036.8414 0910/01/2003 991087989 02/01/2013 02/01/2033 N 18,~~533~~515,~~284~~966.8932 18,~~515~~495,~~966~~636.3234 0910/01/2003 991087992 02/01/2013 02/01/2033 N 15,~~179~~165,~~406~~221.2573 15,~~165~~148,~~221~~570.7377 0910/01/2003 991088000 N/A 06/01/2013 N 31,~~936~~906,~~068~~365.1468 31,~~906~~871,~~365~~556.6877 0910/01/2003 11038274 N/A 06/01/2008 N 27,~~939~~911,~~576~~202.3830 27,~~911~~878,~~202~~637.3056 0910/01/2003 991087981 N/A 08/01/2008 N 26,~~500~~471,~~000~~640.0038 26,~~471~~439,~~640~~504.3883 09/01/2003 991087973 08/01/2013 08/01/2033 N 2625,~~000~~979,~~000~~013.0058 25,~~979~~953,~~013~~514.5893 09/01/2003 991087993 02/01/2013 02/01/2033 N 16,~~272~~257,~~522~~316.2830 16,~~257~~239,~~316~~466.3025 0910/01/2003 991087994 02/01/2013 02/01/2033 N 9,~~192~~183,~~111~~522.8420 9,~~183~~173,~~522~~438.2097 0910/01/2003 11039438 N/A 06/01/2010 N 25,000,000.00 25,000,000.00 0910/01/2003 991087980 N/A 07/01/2008 N 23,~~814~~787,~~005~~902.8830 23,~~787~~758,~~902~~457.3060 09/01/2003 991087985 N/A 08/01/2013 N 2221,~~000~~978,~~000~~763.0023 21,~~978~~954,~~763~~130.2389 0910/01/2003 991087997 N/A 08/05/2013 N 21,~~325~~300,~~000~~873.0080 21,~~300~~272,~~873~~705.8033 0809/05/2003 991088001 08/01/2013 08/01/2033 N 20,~~800~~782,~~000~~805.0051 20,~~782~~762,~~805~~052.5146 0910/01/2003 11041671 N/A 07/01/2008 N 19,~~560~~537,~~658~~227.7505 19,~~537~~511,~~227~~262.0540 09/01/2003 991088002 N/A 08/01/2013 N 19,040,000.00 19,040,000.00 09/01/2003 11040389 N/A 08/01/2013 N 18,~~600~~583,~~000~~340.0052 18,~~583~~563,~~340~~656.5291 0910/01/2003 991087957 N/A 05/01/2013 N 17,500,000.00 17,500,000.00 09/01/2003 991087955 N/A 05/01/2013 N 16,~~750~~734,~~071~~129.7768 16,~~734~~715,~~129~~541.6813 09/01/2003 991087960 N/A 06/01/2013 N 15,000,000.00 15,000,000.00 09/01/2003 11040644 N/A 06/01/2008 N 14,~~665~~649,~~588~~266.1868 14,~~649~~630,~~266~~903.6843 09/01/2003 991087998 N/A 06/01/2008 N 14,~~467~~451,~~093~~543.9367 14,~~451~~433,~~543~~919.6730 09/01/2003 11040641 N/A 07/01/2013 N 14,~~162~~149,~~271~~480.6186 14,~~149~~134,~~480~~391.8603 0910/01/2003 991087951 N/A 06/01/2013 N 13,575,000.00 13,575,000.00 0910/01/2003 991087995 N/A 07/09/2013 N 12,~~787~~774,~~060~~062.4993 12,~~774~~759,~~062~~158.9336 0809/09/2003 991087991 N/A 01/01/2013 N 12,~~709~~698,~~576~~183.7062 12,~~698~~684,~~183~~658.6282 09/01/2003 11040755 N/A 08/01/2013 N 12,~~560~~547,~~000~~576.0018 12,~~547~~533,~~576~~248.1838 09/01/2003 11040793 N/A 07/01/2013 N 12,~~487~~474,~~394~~731.1258 12,~~474~~460,~~731~~203.5828 0910/01/2003 991087949 N/A 05/01/2013 N 11,600,000.00 11,600,000.00 0910/01/2003 991087982 N/A 07/01/2013 N 11,~~587~~574,~~410~~768.6100 11,~~574~~560,~~768~~493.0026 09/01/2003 11040734 N/A 07/01/2013 N 11,~~314~~304,~~830~~611.7568 11,~~304~~292,~~611~~555.6878 0910/01/2003 991087976 N/A 07/01/2008 N 11,~~026~~012,~~335~~619.4187 1110,~~012~~997,~~619~~528.8761 0910/01/2003 991087968 N/A 07/01/2013 N 11,000,000.00 11,000,000.00 09/01/2003 11034830 N/A 08/01/2013 N 10,~~500~~490,~~000~~643.0014 10,~~490~~479,~~643~~573.1435 09/01/2003 11040229 N/A 07/01/2013 N 10,~~437~~425,~~931~~796.8209 10,~~425~~411,~~796~~710.0900 09/01/2003 11041269 N/A 07/01/2013 N 10,~~241~~232,~~027~~010.8699 10,~~232~~221,~~010~~303.9951 0910/01/2003 11038864 N/A 03/01/2010 N 10,~~177~~164,~~988~~028.5043 10,~~164~~148,~~028~~361.4310 0910/01/2003 991087962 N/A 07/01/2013 N 10,000,000.00 10,000,000.00 09/01/2003 11039856 N/A 07/01/2013 N 9,~~990~~981,~~929~~814.2027 9,~~981~~971,~~814~~088.2740 0910/01/2003 991087961 N/A 06/01/2013 N 9,700,000.00 9,700,000.00 0910/01/2003 991087967 N/A 08/01/2013 N 9,~~500~~491,~~000~~663.00 9,~~491~~481,~~663~~760.0057 09/01/2003 991087958 N/A 06/01/2013 N 9,~~381~~372,~~544~~991.0162 9,~~372~~362,~~991~~918.6255 09/01/2003 11041027 N/A 08/01/2018 N 8,~~750~~731,~~000~~816.0007 8,~~731~~712,~~816~~155.0719 09/01/2003 991087996 N/A 08/01/2013 N 8,500,000.00 8,500,000.00 0910/01/2003 11040015 N/A 06/01/2013 N 7,~~285~~278,~~415~~639.5466 7,~~278~~270,~~639~~698.6688 0910/01/2003 991087986 N/A 08/01/2010 N 6,~~800~~793,~~000~~548.0013 6,~~793~~786,~~548~~033.1363 09/01/2003 991087969 N/A 07/01/2013 N 6,600,000.00 6,600,000.00 09/01/2003 991087954 N/A 06/01/2013 N 6,~~587~~581,~~238~~338.4360 6,~~581~~574,~~338~~358.6037 0910/01/2003 991087952 N/A 07/01/2013 N 6,~~473~~467,~~667~~306.7941 6,~~467~~459,~~306~~954.4161 0910/01/2003 991087953 N/A 08/01/2013 N 6,~~250~~243,~~000~~666.0068 6,~~243~~236,~~666~~403.6814 0910/01/2003 11032994 N/A 09/01/2011 N 5,~~999~~993,~~573~~299.8993 5,~~993~~985,~~299~~672.9339 09/01/2003 991087965 N/A 06/01/2013 N 5,920,000.00 5,920,000.00 0910/01/2003 11041499 N/A 08/01/2013 N 5,~~750~~744,~~000~~367.0042 5,~~744~~737,~~367~~856.4286 0910/01/2003 11041157 N/A 08/01/2013 N 5,~~500~~495,~~000~~198.0002 5,~~495~~489,~~198~~486.0272 0910/01/2003 991087972 N/A 08/01/2013 N 5,~~100~~095,~~000~~501.0038 5,~~095~~090,~~501~~165.3817 09/01/2003 11038423 N/A 06/01/2013 N 5,~~089~~084,~~475~~563.7448 5,~~084~~078,~~563~~858.4842 0910/01/2003 991087984 N/A 08/01/2013 N 54,~~000~~995,~~000~~255.0098 4,~~995~~989,~~255~~730.9861 09/01/2003 991087966 N/A 07/01/2018 N 4,~~982~~964,~~073~~068.0208 4,~~964~~945,~~068~~288.0849 09/01/2003 991088003 N/A 01/01/2013 N 4,~~950~~943,~~393~~755.1410 4,~~943~~936,~~755~~258.1081 0910/01/2003 11040720 N/A 08/01/2013 N 4,~~050~~046,~~000~~418.0042 4,~~046~~042,~~418~~172.4381 0910/01/2003 991087983 N/A 05/01/2028 N 3,~~907~~902,~~259~~435.0011 3,~~902~~896,~~435~~876.1124 0910/01/2003 11040740 N/A 07/01/2013 N 3,~~896~~892,~~216~~416.7906 3,~~892~~888,~~416~~016.0602 09/01/2003 991087990 N/A 11/01/2012 N 3,~~767~~764,~~525~~247.4498 3,~~764~~760,~~247~~320.9884 09/01/2003 11041029 N/A 06/01/2013 N 3,~~645~~642,~~815~~165.1968 3,~~642~~637,~~165~~963.6830 0910/01/2003 991087963 N/A 06/01/2013 N 3,~~622~~618,~~493~~988.1118 3,~~618~~614,~~988~~919.1896 0910/01/2003 991087950 N/A 05/01/2013 N 3,~~363~~360,~~966~~414.0086 3,~~360~~356,~~414~~372.8606 0910/01/2003 11041098 N/A 06/01/2013 N 3,225,000.00 3,225,000.00 0910/01/2003 11040651 N/A 07/01/2013 N 3,~~196~~193,~~986~~958.3134 3,~~193~~190,~~958~~428.3407 0910/01/2003 11040731 N/A 06/01/2013 N 3,~~093~~090,~~684~~742.9269 3,~~090~~087,~~742~~313.6944 09/01/2003 991087964 N/A 06/01/2013 N 2,~~824~~821,~~407~~812.1389 2,~~821~~818,~~812~~763.8916 09/01/2003 11041468 N/A 08/01/2013 N 2,~~700~~697,~~000~~648.0072 2,~~697~~694,~~648~~850.7231 09/01/2003 11038421 N/A 06/01/2013 N 2,~~594~~592,~~634~~130.7041 2,~~592~~589,~~130~~221.4195 0910/01/2003 11040524 N/A 08/05/2013 N 2,~~550~~547,~~000~~802.0013 2,~~547~~545,~~802~~179.1418 0809/05/2003 11041574 N/A 08/01/2015 N 2,~~500~~497,~~000~~248.0067 2,~~497~~494,~~248~~149.6742 0910/01/2003 991087959 N/A 07/01/2013 N 2,~~497~~495,~~845~~679.2361 2,~~495~~493,~~679~~097.6153 0910/01/2003 11040585 N/A 06/01/2013 N 2,~~255~~253,~~484~~387.8209 2,~~253~~250,~~387~~928.0972 09/01/2003 11039794 N/A 07/01/2013 N 2,~~098~~096,~~157~~305.0900 2,~~096~~094,~~305~~107.0012 0910/01/2003 991087979 N/A 08/01/2008 N 21,~~000~~997,~~000~~747.0061 1,~~997~~995,~~747~~222.6141 09/01/2003 991087970 N/A 08/01/2013 N 1,~~900~~898,~~000~~298.0022 1,~~898~~896,~~298~~287.2253 09/01/2003 991087999 N/A 08/01/2013 N 1,~~851~~849,~~411~~904.0062 1,~~849~~848,~~904~~078.6245 09/01/2003 11039942 N/A 05/01/2013 N 1,~~595~~593,~~404~~941.2945 1,~~593~~592,~~941~~219.4597 09/01/2003 Totals 1,~~290~~289,~~666~~650,~~634~~923.2894 1,~~289~~288,~~650~~484,~~923~~568.9652

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 10/10/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 09/10/2003 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 10/10/2003 0 $0.00 0 $0.00 09/10/2003 0 $0.00 0 $0.00

Rate and Maturities Distribution Next Weighted Avg. WAM Date Coupon Remit 10/10/2003 5.360144% 5.293034% 102 09/10/2003 5.360150% 5.293041% 103 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) 11040929 2 0 09/01/2003 0.00 0.00 A 991087956 5 0 09/01/2003 0.00 0.00 A 11040723 6 0 09/01/2003 0.00 0.00 A 991087978 9 0 09/01/2003 0.00 0.00 A 991087981 15 0 09/01/2003 0.00 0.00 A 991087973 16 0 09/01/2003 0.00 0.00 A 991087980 20 0 09/01/2003 0.00 0.00 A 991087997 22 0 09/05/2003 0.00 0.00 A 11041671 24 0 09/01/2003 0.00 0.00 A 991088002 25 0 09/01/2003 0.00 0.00 A 991087957 27 0 09/01/2003 0.00 0.00 A 991087955 28 0 09/01/2003 0.00 0.00 A 991087960 29 0 09/01/2003 0.00 0.00 A 11040644 30 0 09/01/2003 0.00 0.00 A 991087998 31 0 09/01/2003 0.00 0.00 A 991087991 35 0 09/01/2003 0.00 0.00 A 11040755 36 0 09/01/2003 0.00 0.00 A 991087982 39 0 09/01/2003 0.00 0.00 A 991087968 42 0 09/01/2003 0.00 0.00 A 11034830 43 0 09/01/2003 0.00 0.00 A 11040229 44 0 09/01/2003 0.00 0.00 A 991087962 47 0 09/01/2003 0.00 0.00 A 991087967 50 0 09/01/2003 0.00 0.00 A 991087958 51 0 09/01/2003 0.00 0.00 A 11041027 52 0 09/01/2003 0.00 0.00 A 991087986 55 0 09/01/2003 0.00 0.00 A 991087969 56 0 09/01/2003 0.00 0.00 A 11032994 60 0 09/01/2003 0.00 0.00 A 991087972 64 0 09/01/2003 0.00 0.00 A 991087984 66 0 09/01/2003 0.00 0.00 A 991087966 67 0 09/01/2003 0.00 0.00 A 11040740 71 0 09/01/2003 0.00 0.00 A 991087990 72 0 09/01/2003 0.00 0.00 A 11040731 78 0 09/01/2003 0.00 0.00 A 991087964 79 0 09/01/2003 0.00 0.00 A 11041468 80 0 09/01/2003 0.00 0.00 A 991087959 84 0 10/01/2003 0.00 0.00 A 11040585 85 0 09/01/2003 0.00 0.00 A 991087979 87 0 09/01/2003 0.00 0.00 A 991087970 88 0 09/01/2003 0.00 0.00 A 991087999 89 0 09/01/2003 0.00 0.00 A 11039942 90 0 09/01/2003 0.00 0.00 A Totals 42 0.00 0.00

Filing Compare · GMAC COMMERICAL MORT SECS INC SERS 2003 C2 MORT PAS THR CERT