8-K 1 wfm0300d.txt OCTOBER 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 27, 2003 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-D Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-98129-11 02-0686997 Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On October 27, 2003 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2003-D Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-D Trust, relating to the October 27, 2003 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-D Trust By: Wells Fargo Bank Minnesota, N.A., as Master Servicer By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 10/28/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-D Trust, relating to the October 27, 2003 distribution. EX-99.1

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 89/3130/03 Distribution Date: 910/2527/03 WFMBS Series: 2003-D Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1 949911AA9 SEQ 4.~~90565~~89735% ~~252~~226,~~744~~864,~~519~~917.5671 1925,~~033,229~~863.0352 2510,~~879~~984,~~601~~634.8530 A-R 949911AB7 SEQ 4.~~89736~~89639% 0.00 0.00 0.00 B-1 949911AC5 SUB 4.~~90565~~89735% 5,~~775~~770,~~798~~931.5036 23,~~611~~551.6888 45,~~867~~107.1496 B-2 949911AD3 SUB 4.~~90565~~89735% 1,~~991~~990,~~929~~250.1357 8,~~143~~122.0846 1,~~678~~761.5661 B-3 949911AE1 SUB 4.~~90565~~89735% 994,~~969~~131.6016 4,~~067~~057.4717 ~~838~~879.4492 B-4 949911AF8 SUB 4.~~90565~~89735% 796,~~970~~299.6506 3,~~258~~249.0579 ~~671~~704.5982 B-5 949911AG6 SUB 4.~~90565~~89735% 597,~~976~~472.7382 2,~~444~~438.5536 ~~503~~528.9083 B-6 949911AH4 SUB 4.~~90565~~89735% 597,~~603~~099.2870 2,~~443~~436.0284 ~~503~~528.5950 Totals ~~263~~237,~~499~~611,~~767~~102.4538 1969,~~077,196~~720.8802 2510,~~888~~994,~~665~~145.0794

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~226~~215,~~864~~880,~~917~~283.7141 2611,~~912~~910,~~830~~497.8882 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 5,~~770~~765,~~931~~823.3640 28,~~478~~659.8284 0.00 B-2 0.00 1,~~990~~988,~~250~~488.5796 9,~~821~~884.6407 0.00 B-3 0.00 ~~994~~993,~~131~~251.1623 4,~~905~~937.9109 0.00 B-4 0.00 ~~796~~795,~~299~~594.0624 3,~~929~~954.6461 0.00 B-5 0.00 ~~597~~596,~~472~~943.8299 2,~~948~~967.4519 0.00 B-6 0.00 ~~597~~596,~~099~~571.7019 2,~~946~~965.6134 0.00 Totals 0.00 ~~237~~226,~~611~~616,~~102~~956.3842 2611,~~965~~963,~~861~~865.9596 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 389,522,000.00 ~~252~~226,~~744~~864,~~519~~917.5671 ~~212~~200,~~982~~802.4046 2510,~~666~~783,~~619~~831.4584 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 5,805,000.00 5,~~775~~770,~~798~~931.5036 45,~~867~~107.1496 0.00 0.00 0.00 B-2 2,002,000.00 1,~~991~~990,~~929~~250.1357 1,~~678~~761.5661 0.00 0.00 0.00 B-3 1,000,000.00 994,~~969~~131.6016 ~~838~~879.4492 0.00 0.00 0.00 B-4 801,000.00 796,~~970~~299.6506 ~~671~~704.5982 0.00 0.00 0.00 B-5 601,000.00 597,~~976~~472.7382 ~~503~~528.9083 0.00 0.00 0.00 B-6 600,624.67 597,~~603~~099.2870 ~~503~~528.5950 0.00 0.00 0.00 Totals 400,331,724.67 ~~263~~237,~~499~~611,~~767~~102.4538 ~~222~~210,~~045~~314.6210 2510,~~666~~783,~~619~~831.4584 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1 2510,~~879~~984,~~601~~634.8530 ~~226~~215,~~864~~880,~~917~~283.7141 0.~~58241875~~55421846 2510,~~879~~984,~~601~~634.8530 A-R 0.00 0.00 0.00000000 0.00 B-1 45,~~867~~107.1496 5,~~770~~765,~~931~~823.3640 0.~~99413116~~99325123 45,~~867~~107.1496 B-2 1,~~678~~761.5661 1,~~990~~988,~~250~~488.5796 0.~~99413115~~99325123 1,~~678~~761.5661 B-3 ~~838~~879.4492 ~~994~~993,~~131~~251.1623 0.~~99413116~~99325123 ~~838~~879.4492 B-4 ~~671~~704.5982 ~~796~~795,~~299~~594.0624 0.~~99413116~~99325124 ~~671~~704.5982 B-5 ~~503~~528.9083 ~~597~~596,~~472~~943.8299 0.~~99413115~~99325123 ~~503~~528.9083 B-6 ~~503~~528.5950 ~~597~~596,~~099~~571.7019 0.~~99413116~~99325123 ~~503~~528.5950 Totals 2510,~~888~~994,~~665~~145.0794 ~~237~~226,~~611~~616,~~102~~956.3842 0.~~59353553~~56607294 2510,~~888~~994,~~665~~145.0794

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 389,522,000.00 ~~648~~582.~~85813782~~41875352 0.~~54677887~~51550993 6527.~~89260542~~68478248 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 5,805,000.00 994.~~96959518~~13115590 0.~~83843928~~87992420 0.00000000 0.00000000 B-2 2,002,000.00 994.~~96959540~~13115385 0.~~83844156~~87992507 0.00000000 0.00000000 B-3 1,000,000.00 994.~~96960000~~13116000 0.~~83844000~~87992000 0.00000000 0.00000000 B-4 801,000.00 994.~~96960050~~13116105 0.~~83843945~~87992509 0.00000000 0.00000000 B-5 601,000.00 994.~~96960067~~13114809 0.~~83843594~~87991681 0.00000000 0.00000000 B-6 600,624.67 994.~~96958725~~13116015 0.~~83844375~~87991724 0.00000000 0.00000000 (2) Per $1000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 6628.~~43938430~~20029241 ~~582~~554.~~41875352~~21846111 0.~~58241875~~55421846 6628.~~43938430~~20029241 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.~~83843928~~87992420 ~~994~~993.~~13115590~~25123170 0.~~99413116~~99325123 0.~~83843928~~87992420 B-2 0.00000000 0.~~83844156~~87992507 ~~994~~993.~~13115385~~25122877 0.~~99413115~~99325123 0.~~83844156~~87992507 B-3 0.00000000 0.~~83844000~~87992000 ~~994~~993.~~13116000~~25123000 0.~~99413116~~99325123 0.~~83844000~~87992000 B-4 0.00000000 0.~~83843945~~87992509 ~~994~~993.~~13116105~~25123596 0.~~99413116~~99325124 0.~~83843945~~87992509 B-5 0.00000000 0.~~83843594~~87991681 ~~994~~993.~~13114809~~25123128 0.~~99413115~~99325123 0.~~83843594~~87991681 B-6 0.00000000 0.~~83844375~~87991724 ~~994~~993.~~13116015~~25122626 0.~~99413116~~99325123 0.~~83844375~~87991724 (3) Amount Does Not Include Excess Special Hazard, ~~Bankrupcy~~Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-1 389,522,000.00 4.~~90565~~89735% ~~252~~226,~~744~~864,~~519~~917.5671 1925,~~033,229~~863.0352 0.00 0.00 A-R 100.00 4.~~89736~~89639% 0.00 0.00 0.00 0.00 B-1 5,805,000.00 4.~~90565~~89735% 5,~~775~~770,~~798~~931.5036 23,~~611~~551.6888 0.00 0.00 B-2 2,002,000.00 4.~~90565~~89735% 1,~~991~~990,~~929~~250.1357 8,~~143~~122.0846 0.00 0.00 B-3 1,000,000.00 4.~~90565~~89735% 994,~~969~~131.6016 4,~~067~~057.4717 0.00 0.00 B-4 801,000.00 4.~~90565~~89735% 796,~~970~~299.6506 3,~~258~~249.0579 0.00 0.00 B-5 601,000.00 4.~~90565~~89735% 597,~~976~~472.7382 2,~~444~~438.5536 0.00 0.00 B-6 600,624.67 4.~~90565~~89735% 597,~~603~~099.2870 2,~~443~~436.0284 0.00 0.00 Totals 400,331,724.67 1969,~~077,196~~720.8802 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1 0.00 0.00 1925,~~033,229~~863.0352 0.00 ~~226~~215,~~864~~880,~~917~~283.7141 A-R 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 23,~~611~~551.6888 0.00 5,~~770~~765,~~931~~823.3640 B-2 0.00 0.00 8,~~143~~122.0846 0.00 1,~~990~~988,~~250~~488.5796 B-3 0.00 0.00 4,~~067~~057.4717 0.00 ~~994~~993,~~131~~251.1623 B-4 0.00 0.00 3,~~258~~249.0579 0.00 ~~796~~795,~~299~~594.0624 B-5 0.00 0.00 2,~~444~~438.5536 0.00 ~~597~~596,~~472~~943.8299 B-6 0.00 0.00 2,~~443~~436.0284 0.00 ~~597~~596,~~099~~571.7019 Totals 0.00 0.00 1969,~~077,196~~720.8802 0.00 (4) Amount Does Not Include Excess Special Hazard, ~~Bankrupcy~~Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-1 389,522,000.00 4.~~90565~~89735% ~~648~~582.~~85813782~~41875352 2.~~65255629~~37692228 0.00000000 0.00000000 A-R 100.00 4.~~89736~~89639% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 5,805,000.00 4.~~90565~~89735% 994.~~96959518~~13115590 4.~~06747287~~05717140 0.00000000 0.00000000 B-2 2,002,000.00 4.~~90565~~89735% 994.~~96959540~~13115385 4.~~06747253~~05717283 0.00000000 0.00000000 B-3 1,000,000.00 4.~~90565~~89735% 994.~~96960000~~13116000 4.~~06747000~~05717000 0.00000000 0.00000000 B-4 801,000.00 4.~~90565~~89735% 994.~~96960050~~13116105 4.~~06747815~~05716604 0.00000000 0.00000000 B-5 601,000.00 4.~~90565~~89735% 994.~~96960067~~13114809 4.~~06747088~~05717138 0.00000000 0.00000000 B-6 600,624.67 4.~~90565~~89735% 994.~~96958725~~13116015 4.~~06746529~~05717601 0.00000000 0.00000000 (5) All classes are per $1000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1 0.00000000 0.00000000 2.~~65255629~~37692228 0.00000000 ~~582~~554.~~41875352~~21846111 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 4.~~06747287~~05717140 0.00000000 ~~994~~993.~~13115590~~25123170 B-2 0.00000000 0.00000000 4.~~06747253~~05717283 0.00000000 ~~994~~993.~~13115385~~25122877 B-3 0.00000000 0.00000000 4.~~06747000~~05717000 0.00000000 ~~994~~993.~~13116000~~25123000 B-4 0.00000000 0.00000000 4.~~06747815~~05716604 0.00000000 ~~994~~993.~~13116105~~25123596 B-5 0.00000000 0.00000000 4.~~06747088~~05717138 0.00000000 ~~994~~993.~~13114809~~25123128 B-6 0.00000000 0.00000000 4.~~06746529~~05717601 0.00000000 ~~994~~993.~~13116015~~25122626 (6) Amount Does Not Include Excess Special Hazard, ~~Bankrupcy~~Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 070,090.0004 Deposits Payments of Interest and Principal 2711,~~184~~992,~~993~~466.8297 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 2711,~~184~~992,~~993~~466.8297 Withdrawals Reimbursement for Servicer Advances ~~79,767~~0.6500 Payment of Service Fee 6971,~~274~~688.1794 Payment of Interest and Principal 2611,~~965~~963,~~861~~865.9697 Total Withdrawals (Pool Distribution Amount) 2712,~~114~~035,~~903~~554.7891 Ending Balance 7027,~~090~~002.0410

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 154,~~265~~543.2226 Servicing Fee Support 154,~~265~~543.2226 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00

SERVICING FEES Gross Servicing Fee 8274,~~343~~252.5614 Master Servicing Fee 21,~~195~~980.8306 Supported Prepayment/Curtailment Interest Shortfall 154,~~265~~543.2226 Net Servicing Fee 6971,~~274~~688.1794

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 01 0 0 0 01 0375,554.0046 0.00 0.00 0.00 0375,554.0046 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 01 0 0 0 01 0375,554.0046 0.00 0.00 0.00 0375,554.0046 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.~~000000~~195695% 0.000000% 0.000000% 0.000000% 0.~~000000~~195695% 0.~~000000~~178864% 0.000000% 0.000000% 0.000000% 0.~~000000~~178864% 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~~195695% 0.000000% 0.000000% 0.000000% 0.~~000000~~195695% 0.~~000000~~178864% 0.000000% 0.000000% 0.000000% 0.~~000000~~178864%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 5360,~~536~~067.1442

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 10,809,624.67 2.70016689% 10,~~746~~736,~~184~~673.6701 4.~~52259367~~73780655% 95.~~477406~~262193% 100.000000% Class B-1 5,004,624.67 1.25011943% 4,~~975~~970,~~253~~849.3161 2.~~09386399~~19350294% 2.~~428730~~544304% 0.000000% Class B-2 3,002,624.67 0.75003416% 2,~~985~~982,~~002~~360.7465 1.~~25625558~~31603597% 0.~~837608~~877467% 0.000000% Class B-3 2,002,624.67 0.50024131% 1,~~990~~989,~~871~~109.5842 0.~~83786976~~87774077% 0.~~418386~~438295% 0.000000% Class B-4 1,201,624.67 0.30015724% 1,~~194~~193,~~572~~515.5218 0.~~50274272~~52666632% 0.~~335127~~351074% 0.000000% Class B-5 600,624.67 0.15003174% ~~597~~596,~~099~~571.7019 0.~~25129285~~26325091% 0.~~251450~~263415% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~251293~~263251% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description 5/1 CMT ARM Weighted Average Gross Coupon 5.~~290652~~282435% Weighted Average Net Coupon 4.~~905652~~897435% Weighted Average Pass-Through Rate 4.~~905652~~897435% Weighted Average Maturity(Stepdown Calculation ) ~~351~~350 Beginning Scheduled Collateral Loan Count ~~589~~535 Number Of Loans Paid In Full 5424 Ending Scheduled Collateral Loan Count ~~535~~511 Beginning Scheduled Collateral Balance ~~263~~237,~~499~~611,~~767~~102.4437 Ending Scheduled Collateral Balance ~~237~~226,~~611~~616,~~102~~956.3742 Ending Actual Collateral Balance at 3130-~~Aug~~Sep-2003 ~~227~~209,~~184~~966,~~542~~973.1406 Monthly P &I Constant 1,~~406~~270,~~482~~276.4447 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 2611,~~912~~910,~~830~~497.8882 Ending Scheduled Balance for Premium Loans ~~237~~226,~~611~~616,~~102~~956.3742 Scheduled Principal ~~222~~210,~~045~~314.6211 Unscheduled Principal 2510,~~666~~783,~~619~~831.4584 Unpaid Principal Balance Of Outstanding Mortgage Loans With Or Less Than Or Equal To 80% ~~232~~221,~~183~~783,~~541~~350.4007 Greater Than 80%, less than or equal to 85% 777,~~807~~206.8382 Greater than 85%, less than or equal to 95% 4,~~631~~055,~~094~~137.7558 Greater than 95% 0.00

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