8-K 1 aeg03001.txt OCTOBER 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): October 27, 2003 AEGIS MORTGAGE CORPORATION Mortgage Loan Asset Backed Certificates, Series 2003-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-90230-01 54-2110381 Pooling and Servicing Agreement) (Commission 54-2110382 (State or other File Number) 54-2110383 jurisdiction 54-2110384 of Incorporation) IRS EIN 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 AEGIS MORTGAGE CORPORATION, Mortgage Loan Asset Backed Certificates, Series 2003-1 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 Loan Asset Backed Certificates, Series 2003-1 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. AEGIS MORTGAGE CORPORATION Mortgage Loan Asset Backed Certificates, Series 2003-1 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 11/3/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset Backed Certificates, Series 2003-1 Trust, relating to the October 27, 2003 distribution. EX-99.1

AEGIS Asset Backed Securities Trust Mortgage Loan Asset Backed Certificates Record Date: 89/3130/03 Distribution Date: 910/2527/03 AEGIS Series: 2003-1 Contact: CTSLink Customer Service Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Telephone: (301) 815-6600 Fax: (301) 815-6600 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A1 00764MAA5 SEN 1.~~51000~~52000% ~~231~~226,~~714~~559,~~277~~649.2643 ~~301~~306,~~292~~107.9326 59,~~154~~130,~~627~~295.8369 A-IO 00764MAB3 SEN-IO 6.00000% 0.00 89,500.00 0.00 M1 00764MAC1 MEZ 2.~~16000~~17000% 16,464,000.00 3031,~~623~~757.0422 0.00 M2 00764MAD9 MEZ 3.~~36000~~37000% 12,169,000.00 3536,~~208~~452.9791 0.00 B1 00764MAE7 SUB 4.~~61000~~62000% 8,591,321.00 3435,~~105~~281.1669 0.00 X AEG03001X OC 0.00000% 3,006,562.00 1923,~~001,173~~149.2240 0.00 P AEG03001P SEN 0.00000% 100.00 ~~134~~166,~~193~~352.6358 0.00 R1 AEG0301R1 RES 0.00000% 0.00 0.00 0.00 Totals ~~271~~266,~~945~~790,~~260~~632.2643 1,~~626~~588,~~096~~601.9506 59,~~154~~130,~~627~~295.8369

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 ~~226~~217,~~559~~429,~~649~~353.4374 59,~~455~~436,~~920~~402.7695 0.00 A-IO 0.00 0.00 89,500.00 0.00 M1 0.00 16,464,000.00 3031,~~623~~757.0422 0.00 M2 0.00 12,169,000.00 3536,~~208~~452.9791 0.00 B1 0.00 8,591,321.00 3435,~~105~~281.1669 0.00 X 0.00 3,006,562.00 1923,~~001,173~~149.2240 0.00 P 0.00 100.00 ~~134~~166,~~193~~352.6358 0.00 R1 0.00 0.00 0.00 0.00 Totals 0.00 ~~266~~257,~~790~~660,~~632~~336.4374 610,~~780~~718,~~724~~896.7875 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) A1 249,115,000.00 ~~231~~226,~~714~~559,~~277~~649.2643 0.00 59,~~154~~130,~~627~~295.8369 0.00 0.00 A-IO 0.00 0.00 0.00 0.00 0.00 0.00 M1 16,464,000.00 16,464,000.00 0.00 0.00 0.00 0.00 M2 12,169,000.00 12,169,000.00 0.00 0.00 0.00 0.00 B1 8,591,321.00 8,591,321.00 0.00 0.00 0.00 0.00 X 0.48 3,006,562.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R1 0.00 0.00 0.00 0.00 0.00 0.00 Totals 286,339,421.48 ~~271~~266,~~945~~790,~~260~~632.2643 0.00 59,~~154~~130,~~627~~295.8369 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 A1 59,~~154~~130,~~627~~295.8369 ~~226~~217,~~559~~429,~~649~~353.4374 0.~~90945808~~87280715 59,~~154~~130,~~627~~295.8369 A-IO 0.00 0.00 0.00000000 0.00 M1 0.00 16,464,000.00 1.00000000 0.00 M2 0.00 12,169,000.00 1.00000000 0.00 B1 0.00 8,591,321.00 1.00000000 0.00 X 0.00 3,006,562.00 263,670.83333333 0.00 P 0.00 100.00 1.00000000 0.00 R1 0.00 0.00 0.00000000 0.00 Totals 59,~~154~~130,~~627~~295.8369 ~~266~~257,~~790~~660,~~632~~336.4374 0.~~93172861~~89984235 59,~~154~~130,~~627~~295.8369

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 249,115,000.00 ~~930~~909.~~14983947~~45807932 0.00000000 2036.~~69176015~~65092704 0.00000000 A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 16,464,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 12,169,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 8,591,321.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 0.4800 ~~263670833~~4263670833.33333000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R1 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 A1 0.00000000 2036.~~69176015~~65092704 ~~909~~872.~~45807932~~80715228 0.~~90945808~~87280715 2036.~~69176015~~65092704 A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M1 0.00000000 0.00000000 ~~1000~~1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 ~~1000~~1,000.00000000 1.00000000 0.00000000 B1 0.00000000 0.00000000 ~~1000~~1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 ~~6263670833~~63,670,833.33333000 6263670.83333333 0.00000000 P 0.00000000 0.00000000 ~~1000~~1,000.00000000 1.00000000 0.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 A1 249,115,000.00 1.~~51000~~52000% ~~231~~226,~~714~~559,~~277~~649.2643 ~~301~~306,~~292~~107.9326 0.00 0.00 A-IO 0.00 6.00000% 17,900,000.00 89,500.00 0.00 0.00 M1 16,464,000.00 2.~~16000~~17000% 16,464,000.00 3031,~~623~~757.0423 0.00 0.00 M2 12,169,000.00 3.~~36000~~37000% 12,169,000.00 3536,~~208~~452.9792 0.00 0.00 B1 8,591,321.00 4.~~61000~~62000% 8,591,321.00 3435,~~105~~281.1669 0.00 0.00 X 0.48 0.00000% 3,006,562.00 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R1 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 286,339,421.48 ~~490~~499,~~730~~099.10 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 A1 0.00 0.00 ~~301~~306,~~292~~107.9326 0.00 ~~226~~217,~~559~~429,~~649~~353.4374 A-IO 0.00 0.00 89,500.00 0.00 1716,~~900~~100,000.00 M1 0.00 0.00 3031,~~623~~757.0422 0.00 16,464,000.00 M2 0.00 0.00 3536,~~208~~452.9791 0.00 12,169,000.00 B1 0.00 0.00 3435,~~105~~281.1669 0.00 8,591,321.00 X 0.00 0.00 1923,~~001,173~~149.2240 0.00 3,006,562.00 P 0.00 0.00 ~~134~~166,~~193~~352.6358 0.00 100.00 R1 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1,~~626~~588,~~096~~601.9506 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 A1 249,115,000.00 1.~~51000~~52000% ~~930~~909.~~14983947~~45807932 1.~~20945318~~22877892 0.00000000 0.00000000 A-IO 0.00 6.00000% 928.52389082 4.64261945 0.00000000 0.00000000 M1 16,464,000.00 2.~~16000~~17000% 1000.00000000 1.~~86000000~~92888909 0.00000000 0.00000000 M2 12,169,000.00 3.~~36000~~37000% 1000.00000000 2.~~89333306~~99555592 0.00000000 0.00000000 B1 8,591,321.00 4.~~61000~~62000% 1000.00000000 34.~~96972247~~10666648 0.00000000 0.00000000 X 0.48 0.00000% 263670833.33333000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R1 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 A1 0.00000000 0.00000000 1.~~20945318~~22877892 0.00000000 ~~909~~872.~~45807932~~80715228 A-IO 0.00000000 0.00000000 4.64261945 0.00000000 ~~928~~835.~~52389082~~15277330 M1 0.00000000 0.00000000 1.~~86000000~~92888848 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.~~89333306~~99555510 0.00000000 1000.00000000 B1 0.00000000 0.00000000 34.~~96972247~~10666648 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~85777541~~923227916.66667000 0.00000000 263670833.33333000 P 0.00000000 0.00000000 ~~1341936~~1663525.~~30000000~~80000000 0.00000000 1000.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 0.00 Deposits Payments of Interest and Principal 710,~~032~~988,~~858~~148.5073 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 7078,~~758~~406.6578 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0(48,031.0054) Prepayment Penalties ~~134~~166,~~193~~352.6358 Total Deposits 711,~~237~~184,~~810~~876.7855 Withdrawals Reimbursement for Servicer Advances 5370,~~830~~758.3065 Payment of Service Fee ~~403~~395,~~255~~221.7015 Payment of Interest and Principal 610,~~780~~718,~~724~~896.7875 Total Withdrawals (Pool Distribution Amount) 711,~~237~~184,~~810~~876.7855 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~113~~111,~~310~~162.4872 Credit Risk Fee 3,~~399~~334.3188 MGIC Fee ~~283~~277,~~713~~944.1146 Trustee Fee 2,~~832~~779.8009 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~403~~395,~~255~~221.7015

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 27 0 0 27 ~~230~~921,~~487~~638.9047 0.00 0.00 ~~230~~921,~~487~~638.9047 30 Days 3038 10 0 0 3138 4,~~359~~955,~~858~~242.4258 ~~160,691~~0.6000 0.00 0.00 4,~~520~~955,~~550~~242.0258 60 Days 1613 0 0 0 1613 1,~~769~~778,~~707~~456.5333 0.00 0.00 0.00 1,~~769~~778,~~707~~456.5333 90 Days 4 0 4 6 0 810 ~~636,133.02~~ 0.00 ~~912~~452,~~139~~446.0645 563,540.39 0.00 1,~~548~~015,~~272~~986.0884 120 Days 0 10 7 0 87 0.00 ~~45,907~~0.2400 ~~806~~1,~~513~~107,899.7531 0.00 ~~852~~1,~~420~~107,899.9931 150 Days 0 01 27 0 28 0.00 045,891.0026 ~~368~~806,~~351~~006.7239 0.00 ~~368~~851,~~351~~897.7265 180+ Days 0 0 24 0 24 0.00 0.00 ~~160~~528,~~722~~818.9050 0.00 ~~160~~528,~~722~~818.9050 Totals 5051 412 1524 0 6987 6,~~765~~733,698.9791 ~~437~~1,~~086~~419,976.7418 23,~~247~~006,~~727~~264.4359 0.00 911,~~450~~159,~~513~~939.1468 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.~~102197~~366684% 0.000000% 0.000000% 0.~~102197~~366684% 0.~~086393~~357695% 0.000000% 0.000000% 0.~~086393~~357695% 30 Days 1.~~532959~~990571% 0.~~051099~~000000% 0.000000% 0.000000% 1.~~584057~~990571% 1.~~634188~~923169% 0.~~060231~~000000% 0.000000% 0.000000% 1.~~694419~~923169% 60 Days 0.~~817578~~680985% 0.000000% 0.000000% 0.000000% 0.~~817578~~680985% 0.~~663332~~690233% 0.000000% 0.000000% 0.000000% 0.~~663332~~690233% 90 Days 0.~~204394~~000000% 0.~~000000~~209534% 0.~~204394~~314301% 0.000000% 0.~~408789~~523834% 0.~~238439~~000000% 0.~~000000~~175598% 0.~~341893~~218715% 0.000000% 0.~~580332~~394313% 120 Days 0.000000% 0.~~051099~~000000% 0.~~357690~~366684% 0.000000% 0.~~408789~~366684% 0.000000% 0.~~017207~~000000% 0.~~302302~~429985% 0.000000% 0.~~319509~~429985% 150 Days 0.000000% 0.~~000000~~052383% 0.~~102197~~366684% 0.000000% 0.~~102197~~419068% 0.000000% 0.~~000000~~017811% 0.~~138068~~312818% 0.000000% 0.~~138068~~330628% 180+ Days 0.000000% 0.000000% 0.~~102197~~209534% 0.000000% 0.~~102197~~209534% 0.000000% 0.000000% 0.~~060243~~205239% 0.000000% 0.~~060243~~205239% Totals 2.~~554931~~671556% 0.~~204394~~628601% 01.~~766479~~257203% 0.000000% 34.~~525805~~557360% 2.~~535959~~613402% 0.~~163831~~551104% 01.~~842506~~166755% 0.000000% 34.~~542297~~331262%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total Arm 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 25 0 0 25 ~~230~~599,~~487~~604.9080 0.00 0.00 ~~230~~599,~~487~~604.9080 30 Days 2635 10 0 0 2735 4,~~072~~485,~~559~~150.2344 ~~160,691~~0.6000 0.00 0.00 4,~~233~~485,~~250~~150.8344 60 Days 1512 0 0 0 1512 1,~~709~~723,~~966~~568.3942 0.00 0.00 0.00 1,~~709~~723,~~966~~568.3942 90 Days 3 0 4 5 0 79 ~~375,082~~0.00 0452,446.0045 ~~912~~503,~~139~~832.0673 0.00 1956,~~287,221~~279.0618 120 Days 0 10 76 0 86 0.00 ~~45,907~~0.2400 ~~806~~847,~~513~~029.7598 0.00 ~~852~~847,~~420~~029.9998 150 Days 0 0 1 7 0 18 0.00 045,891.0026 ~~186~~806,~~313~~006.2439 0.00 ~~186~~851,~~313~~897.2465 180 Days 0 0 23 0 23 0.00 0.00 ~~160~~346,~~722~~865.9085 0.00 ~~160~~346,~~722~~865.9085 Totals 4447 410 1421 0 6278 6,~~157~~208,~~607~~718.6286 ~~437~~1,~~086~~097,942.7451 2,~~065~~503,~~688~~734.95 0.00 89,~~660~~810,~~383~~396.3132 0-29 Days 0.~~116618~~298507% 0.000000% 0.000000% 0.~~116618~~298507% 0.~~097834~~263754% 0.000000% 0.000000% 0.~~097834~~263754% 30 Days 12.~~516035~~089552% 0.~~058309~~000000% 0.000000% 0.000000% 12.~~574344~~089552% 1.~~728650~~972925% 0.~~068208~~000000% 0.000000% 0.000000% 1.~~796857~~972925% 60 Days 0.~~874636~~716418% 0.000000% 0.000000% 0.000000% 0.~~874636~~716418% 0.~~725817~~758162% 0.000000% 0.000000% 0.000000% 0.~~725817~~758162% 90 Days 0.~~174927~~000000% 0.~~000000~~238806% 0.~~233236~~298507% 0.000000% 0.~~408163~~537313% 0.~~159208~~000000% 0.~~000000~~199022% 0.~~387169~~221626% 0.000000% 0.~~546377~~420647% 120 Days 0.000000% 0.~~058309~~000000% 0.~~408163~~358209% 0.000000% 0.~~466472~~358209% 0.000000% 0.~~019486~~000000% 0.~~342335~~372591% 0.000000% 0.~~361821~~372591% 150 Days 0.000000% 0.~~000000~~059701% 0.~~058309~~417910% 0.000000% 0.~~058309~~477612% 0.000000% 0.~~000000~~020187% 0.~~079083~~354545% 0.000000% 0.~~079083~~374732% 180 Days 0.000000% 0.000000% 0.~~116618~~179104% 0.000000% 0.~~116618~~179104% 0.000000% 0.000000% 0.~~068221~~152579% 0.000000% 0.~~068221~~152579% Totals 2.~~565598~~805970% 0.~~233236~~597015% 01.~~816327~~253731% 0.000000% 34.~~615160~~656716% 2.~~613675~~731087% 0.~~185527~~482962% 01.~~876808~~101341% 0.000000% 34.~~676010~~315390% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Fixed 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 02 0 0 02 0322,033.0067 0.00 0.00 0322,033.0067 30 Days 43 0 0 0 43 ~~287~~470,~~299~~092.1914 0.00 0.00 0.00 ~~287~~470,~~299~~092.1914 60 Days 1 0 0 0 1 5954,~~741~~887.1491 0.00 0.00 0.00 5954,~~741~~887.1491 90 Days 1 0 0 1 0 1 ~~261,051.02~~ 0.00 0.00 59,707.66 0.00 ~~261~~59,~~051~~707.0266 120 Days 0 0 01 0 01 0.00 0.00 0260,869.0033 0.00 0260,869.0033 150 Days 0 0 10 0 10 0.00 0.00 ~~182,038~~0.4800 0.00 ~~182,038~~0.4800 180 Days 0 0 01 0 01 0.00 0.00 0181,952.0065 0.00 0181,952.0065 Totals 64 02 13 0 79 ~~608~~524,~~091~~980.3505 0322,033.0067 ~~182~~502,~~038~~529.4864 0.00 ~~790~~1,~~129~~349,543.8336 0-29 Days 0.~~000000~~854701% 0.000000% 0.000000% 0.~~000000~~854701% 01.~~000000~~061937% 0.000000% 0.000000% 01.~~000000~~061937% 30 Days 1.~~652893~~282051% 0.000000% 0.000000% 0.000000% 1.~~652893~~282051% 01.~~920872~~550174% 0.000000% 0.000000% 0.000000% 01.~~920872~~550174% 60 Days 0.~~413223~~427350% 0.000000% 0.000000% 0.000000% 0.~~413223~~427350% 0.~~191487~~180998% 0.000000% 0.000000% 0.000000% 0.~~191487~~180998% 90 Days 0.~~413223~~000000% 0.000000% 0.~~000000~~427350% 0.000000% 0.~~413223~~427350% 0.~~836740~~000000% 0.000000% 0.~~000000~~196892% 0.000000% 0.~~836740~~196892% 120 Days 0.000000% 0.000000% 0.~~000000~~427350% 0.000000% 0.~~000000~~427350% 0.000000% 0.000000% 0.~~000000~~860242% 0.000000% 0.~~000000~~860242% 150 Days 0.000000% 0.000000% 0.~~413223~~000000% 0.000000% 0.~~413223~~000000% 0.000000% 0.000000% 0.~~583483~~000000% 0.000000% 0.~~583483~~000000% 180 Days 0.000000% 0.000000% 0.~~000000~~427350% 0.000000% 0.~~000000~~427350% 0.000000% 0.000000% 0.~~000000~~600006% 0.000000% 0.~~000000~~600006% Totals 21.~~479339~~709402% 0.~~000000~~854701% 01.~~413223~~282051% 0.000000% 23.~~892562~~846154% 1.~~949099~~731172% 01.~~000000~~061937% 01.~~583483~~657140% 0.000000% 24.~~532582~~450249%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 7078,~~758~~406.6578

COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 8.~~362681~~390858% Weighted Average Net Coupon 7.~~862681~~890858% Weighted Average Pass-Through Rate 6.~~583253~~613188% Weighted Average Maturity(Stepdown Calculation ) ~~349~~348 Beginning Scheduled Collateral Loan Count 1,~~993~~957 Number Of Loans Paid In Full 3648 Ending Scheduled Collateral Loan Count 1,~~957~~909 Beginning Scheduled Collateral Balance ~~271~~266,~~945~~790,~~160~~532.2643 Ending Scheduled Collateral Balance ~~266~~257,~~790~~660,~~532~~236.4374 Ending Actual Collateral Balance at 3130-~~Aug~~Sep-2003 ~~266~~257,~~790~~660,~~532~~236.4374 Monthly P &I Constant 2,~~088~~049,~~042~~766.7560 Special Servicing Fee 0.00 Prepayment Penalties ~~134~~166,~~193~~352.6358 Realized Loss Amount 048,031.0054 Cumulative Realized Loss 048,031.0054 Ending Scheduled Balance for Premium Loans ~~266~~257,~~790~~660,~~532~~236.4374 Scheduled Principal ~~192~~190,~~883~~665.7940 Unscheduled Principal 48,~~961~~939,~~744~~630.0429 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 3,006,562.00 Overcollateralized Amount 3,006,562.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 048,031.0054 Excess Cash Amount 1971,~~001,173~~180.2285

Group Level Collateral Statement Group Arm Fixed Total Collateral Description Mixed ARM Fixed 15 & 30 Year Fixed & Mixed ARM Weighted Average Coupon Rate 8.~~368312~~367660 8.~~319619~~319867 8.~~362681~~390858 Weighted Average Net Rate 7.~~868312~~867660 7.~~819620~~819866 7.~~862681~~890858 Weighted Average Maturity ~~349~~348 ~~349~~348 ~~349~~348 Beginning Loan Count 1,~~749~~715 ~~244~~242 1,~~993~~957 Loans Paid In Full 3440 28 3648 Ending Loan Count 1,~~715~~675 ~~242~~234 1,~~957~~909 Beginning Scheduled Balance ~~240~~235,~~498~~591,~~343~~940.2570 31,~~446~~198,~~817~~591.0173 ~~271~~266,~~945~~790,~~160~~532.2643 Ending scheduled Balance ~~235~~227,~~591~~335,~~940~~114.7050 3130,~~198~~325,~~591~~122.7324 ~~266~~257,~~790~~660,~~532~~236.4374 Record Date 0809/3130/2003 0809/3130/2003 0809/3130/2003 Principal And Interest Constant 1,~~838~~801,~~132~~804.4292 ~~249~~247,~~910~~961.3368 2,~~088~~049,~~042~~766.7560 Scheduled Principal ~~160~~159,~~994~~010.7549 31,~~889~~654.0491 ~~192~~190,~~883~~665.7940 Unscheduled Principal 48,~~745~~097,~~407~~815.8071 ~~216~~841,~~336~~814.2458 48,~~961~~939,~~744~~630.0429 Scheduled Interest 1,~~677~~642,~~137~~794.6743 ~~218~~216,~~021~~306.2977 1,~~895~~859,~~158~~101.9620 Servicing Fees ~~100~~98,~~207~~163.6630 1312,~~102~~999.8242 ~~113~~111,~~310~~162.4872 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 2,~~505~~454.2209 ~~327~~325.5800 2,~~832~~779.8009 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee ~~250~~244,~~192~~771.0097 33,~~521~~172.1149 ~~283~~277,~~713~~944.1146 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,~~324~~297,~~232~~405.7907 ~~171~~169,~~069~~809.7886 1,~~495~~467,~~302~~214.5793 Realized Loss Amount 048,031.0054 0.00 048,031.0054 Cumulative Realized Loss 048,031.0054 0.00 048,031.0054 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 6.~~607444~~608401 6.~~527965~~531444 6.~~583253~~613188

Filing Compare · AEGIS MTG LOAN ASSET BACKED CERTS SERIES 2003-1