8-K 1 mlc0300d.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 MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2003-D Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-103927-04 54-2121762 Pooling and Servicing Agreement) (Commission 54-2121763 (State or other File Number) 54-2121764 jurisdiction 54-2121766 of Incorporation) 54-6553630 IRS EIN 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 October 27, 2003 a distribution was made to holders of MERRILL LYNCH MORTGAGE INVESTORS, INC., 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. MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2003-D Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 10/29/03 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

Merrill Lynch Mortgage Investors, Inc. Mortgage Pass-Through Certificates Record Date: 89/3130/03 Distribution Date: 910/2527/03 MLC 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 589929V21 SEN 1.~~42000~~43000% ~~990~~984,~~909~~651,~~495~~425.6896 1,~~172~~173,~~576~~376.2428 68,~~258~~569,~~069~~083.7204 A-R 589929V54 SEN 2.~~86513~~86562% 0.00 0.02 0.00 X-A-1 589929V39 SEN 1.00000% 0.00 ~~797~~768,~~253~~207.1920 0.00 X-A-2 589929W46 SEN 0.~~49119~~50181% 0.00 ~~405~~411,~~605~~752.4766 0.00 X-B 589929V47 SEN 0.~~66383~~64518% 0.00 1312,~~036~~670.5532 0.00 B-1 589929V62 SUB 1.~~74000~~75000% 10,758,000.00 15,~~599~~688.1075 0.00 B-2 589929V70 SUB 2.~~61000~~62000% 8,197,000.00 17,~~828~~896.4878 0.00 B-3 589929V88 SUB 2.~~61000~~62000% 4,611,000.00 10,~~028~~067.9335 0.00 B-4 589929V96 SUB 2.~~87667~~86802% 2,561,000.00 6,~~139~~120.3084 0.00 B-5 589929W20 SUB 2.~~87667~~86802% 2,049,000.00 4,~~911~~897.9215 0.00 B-6 589929W38 SUB 2.~~87667~~86802% 3,587,000.00 8,~~598~~573.8500 0.00 Totals 1,~~022~~016,~~672~~414,~~495~~425.6896 2,~~451~~429,~~578~~250.0535 68,~~258~~569,~~069~~083.7204

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A 0.00 ~~984~~976,~~651~~082,~~425~~342.9692 79,~~430~~742,~~645~~459.9632 0.00 A-R 0.00 0.00 0.02 0.00 X-A-1 0.00 0.00 ~~797~~768,~~253~~207.1920 0.00 X-A-2 0.00 0.00 ~~405~~411,~~605~~752.4766 0.00 X-B 0.00 0.00 1312,~~036~~670.5532 0.00 B-1 0.00 10,758,000.00 15,~~599~~688.1075 0.00 B-2 0.00 8,197,000.00 17,~~828~~896.4878 0.00 B-3 0.00 4,611,000.00 10,~~028~~067.9335 0.00 B-4 0.00 2,561,000.00 6,~~139~~120.3084 0.00 B-5 0.00 2,049,000.00 4,~~911~~897.9215 0.00 B-6 0.00 3,587,000.00 8,~~598~~573.8500 0.00 Totals 0.00 1,~~016~~007,~~414~~845,~~425~~342.9692 810,~~709~~998,~~647~~333.7739 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 992,833,000.00 ~~990~~984,~~909~~651,~~495~~425.6896 0.0601 68,~~258~~569,~~069~~083.6603 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 X-A-1 0.00 0.00 0.00 0.00 0.00 0.00 X-A-2 0.00 0.00 0.00 0.00 0.00 0.00 X-B 0.00 0.00 0.00 0.00 0.00 0.00 B-1 10,758,000.00 10,758,000.00 0.00 0.00 0.00 0.00 B-2 8,197,000.00 8,197,000.00 0.00 0.00 0.00 0.00 B-3 4,611,000.00 4,611,000.00 0.00 0.00 0.00 0.00 B-4 2,561,000.00 2,561,000.00 0.00 0.00 0.00 0.00 B-5 2,049,000.00 2,049,000.00 0.00 0.00 0.00 0.00 B-6 3,587,000.00 3,587,000.00 0.00 0.00 0.00 0.00 Totals 1,024,596,100.00 1,~~022~~016,~~672~~414,~~495~~425.6896 0.0601 68,~~258~~569,~~069~~083.6603 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 68,~~258~~569,~~069~~083.7204 ~~984~~976,~~651~~082,~~425~~342.9692 0.~~99175937~~98312842 68,~~258~~569,~~069~~083.7204 A-R 0.00 0.00 0.00000000 0.00 X-A-1 0.00 0.00 0.00000000 0.00 X-A-2 0.00 0.00 0.00000000 0.00 X-B 0.00 0.00 0.00000000 0.00 B-1 0.00 10,758,000.00 1.00000000 0.00 B-2 0.00 8,197,000.00 1.00000000 0.00 B-3 0.00 4,611,000.00 1.00000000 0.00 B-4 0.00 2,561,000.00 1.00000000 0.00 B-5 0.00 2,049,000.00 1.00000000 0.00 B-6 0.00 3,587,000.00 1.00000000 0.00 Totals 68,~~258~~569,~~069~~083.7204 1,~~016~~007,~~414~~845,~~425~~342.9692 0.~~99201473~~98365136 68,~~258~~569,~~069~~083.7204

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 992,833,000.00 ~~998~~991.~~06261041~~75936533 0.~~00000006~~00000001 68.~~30324502~~63094098 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 X-A-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 X-A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 10,758,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 8,197,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 4,611,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 2,561,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-5 2,049,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-6 3,587,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per $1,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A 0.00000000 68.~~30324508~~63094099 ~~991~~983.~~75936533~~12842434 0.~~99175937~~98312842 68.~~30324508~~63094099 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-6 0.00000000 0.00000000 1,000.00000000 1.00000000 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 A 992,833,000.00 1.~~42000~~43000% ~~990~~984,~~909~~651,~~495~~425.6896 1,~~172~~173,~~576~~376.2428 0.00 0.00 A-R 100.00 2.~~86513~~86562% 0.00 0.00 0.00 0.00 X-A-1 0.00 1.00000% ~~956~~921,~~703~~848,~~831~~644.1005 ~~797~~768,~~253~~207.1920 0.00 0.00 X-A-2 0.00 0.~~49119~~50181% ~~990~~984,~~909~~651,~~495~~425.6896 ~~405~~411,~~605~~752.4766 0.00 0.00 X-B 0.00 0.~~66383~~64518% 23,566,000.00 1312,~~036~~670.5532 0.00 0.00 B-1 10,758,000.00 1.~~74000~~75000% 10,758,000.00 15,~~599~~688.1075 0.00 0.00 B-2 8,197,000.00 2.~~61000~~62000% 8,197,000.00 17,~~828~~896.4878 0.00 0.00 B-3 4,611,000.00 2.~~61000~~62000% 4,611,000.00 10,~~028~~067.9335 0.00 0.00 B-4 2,561,000.00 2.~~87667~~86802% 2,561,000.00 6,~~139~~120.3084 0.00 0.00 B-5 2,049,000.00 2.~~87667~~86802% 2,049,000.00 4,~~911~~897.9215 0.00 0.00 B-6 3,587,000.00 2.~~87667~~86802% 3,587,000.00 8,~~598~~573.8500 0.00 0.00 Totals 1,024,596,100.00 2,~~451~~429,~~578~~250.0333 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 0.00 0.00 1,~~172~~173,~~576~~376.2428 0.00 ~~984~~976,~~651~~082,~~425~~342.9692 A-R 0.00 0.00 0.02 0.00 0.00 X-A-1 0.00 0.00 ~~797~~768,~~253~~207.1920 0.00 ~~921~~888,~~848~~222,~~644~~515.0588 X-A-2 0.00 0.00 ~~405~~411,~~605~~752.4766 0.00 ~~984~~976,~~651~~082,~~425~~342.9692 X-B 0.00 0.00 1312,~~036~~670.5532 0.00 23,566,000.00 B-1 0.00 0.00 15,~~599~~688.1075 0.00 10,758,000.00 B-2 0.00 0.00 17,~~828~~896.4878 0.00 8,197,000.00 B-3 0.00 0.00 10,~~028~~067.9335 0.00 4,611,000.00 B-4 0.00 0.00 6,~~139~~120.3084 0.00 2,561,000.00 B-5 0.00 0.00 4,~~911~~897.9215 0.00 2,049,000.00 B-6 0.00 0.00 8,~~598~~573.8500 0.00 3,587,000.00 Totals 0.00 0.00 2,~~451~~429,~~578~~250.0535 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 992,833,000.00 1.~~42000~~43000% ~~998~~991.~~06261041~~75936533 1.~~18104076~~18184657 0.00000000 0.00000000 A-R 100.00 2.~~86513~~86562% 0.00000000 0.00000000 0.00000000 0.00000000 X-A-1 0.00 1.00000% ~~963~~928.~~61002414~~50322668 0.~~80300835~~77375269 0.00000000 0.00000000 X-A-2 0.00 0.~~49119~~50181% ~~998~~991.~~06261041~~75936533 0.~~40853343~~41472499 0.00000000 0.00000000 X-B 0.00 0.~~66383~~64518% 1000.00000000 0.~~55319316~~53765255 0.00000000 0.00000000 B-1 10,758,000.00 1.~~74000~~75000% 1000.00000000 1.~~45000000~~45833333 0.00000000 0.00000000 B-2 8,197,000.00 2.~~61000~~62000% 1000.00000000 2.~~17500061~~18333293 0.00000000 0.00000000 B-3 4,611,000.00 2.~~61000~~62000% 1000.00000000 2.~~17500108~~18333333 0.00000000 0.00000000 B-4 2,561,000.00 2.~~87667~~86802% 1000.00000000 2.~~39722765~~39001952 0.00000000 0.00000000 B-5 2,049,000.00 2.~~87667~~86802% 1000.00000000 2.~~39722792~~39001952 0.00000000 0.00000000 B-6 3,587,000.00 2.~~87667~~86802% 1000.00000000 2.~~39722609~~39001951 0.00000000 0.00000000 (5) All classes are per $1,000 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 0.00000000 0.00000000 1.~~18104076~~18184657 0.00000000 ~~991~~983.~~75936533~~12842434 A-R 0.00000000 0.00000000 0.20000000 0.00000000 0.00000000 X-A-1 0.00000000 0.00000000 0.~~80300835~~77375269 0.00000000 ~~928~~894.~~50322668~~63436034 X-A-2 0.00000000 0.00000000 0.~~40853343~~41472499 0.00000000 ~~991~~983.~~75936533~~12842434 X-B 0.00000000 0.00000000 0.~~55319316~~53765255 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 1.~~45000000~~45833333 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 2.~~17500061~~18333293 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 2.~~17500108~~18333333 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 2.~~39722765~~39001952 0.00000000 1000.00000000 B-5 0.00000000 0.00000000 2.~~39722792~~39001952 0.00000000 1000.00000000 B-6 0.00000000 0.00000000 2.~~39722609~~39001951 0.00000000 1000.00000000 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage X-B-1 1.~~13667~~11802% 10,758,000.00 10,758,000.00 0.00 0.00 100.00000000% X-B-2 0.~~26667~~24802% 8,197,000.00 8,197,000.00 0.00 0.00 100.00000000% X-B-3 0.~~26667~~24802% 4,611,000.00 4,611,000.00 0.00 0.00 100.00000000%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 811,~~847~~183,~~831~~023.7727 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 7427,~~872~~063.7713 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 811,~~922~~210,~~704~~086.5440 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~213~~211,~~056~~753.7701 Payment of Interest and Principal 810,~~709~~998,~~647~~333.7739 Total Withdrawals (Pool Distribution Amount) 811,~~922~~210,~~704~~086.5440 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~213~~211,~~056~~753.7701 Master Servicing Fee 0.00 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~213~~211,~~056~~753.7701

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 6821 0 0 0 6821 308,~~198~~712,~~967~~072.3420 0.00 0.00 0.00 308,~~198~~712,~~967~~072.3420 60 Days 14 0 0 0 14 ~~966~~1,~~222~~654,409.0086 0.00 0.00 0.00 ~~966~~1,~~222~~654,409.0086 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 6925 0 0 0 6925 3110,~~165~~366,~~189~~482.3406 0.00 0.00 0.00 3110,~~165~~366,~~189~~482.3406 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 20.~~394366~~742837% 0.000000% 0.000000% 0.000000% 20.~~394366~~742837% 20.~~971127~~864425% 0.000000% 0.000000% 0.000000% 20.~~971127~~864425% 60 Days 0.~~035211~~141493% 0.000000% 0.000000% 0.000000% 0.~~035211~~141493% 0.~~095062~~164153% 0.000000% 0.000000% 0.000000% 0.~~095062~~164153% 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 20.~~429577~~884330% 0.000000% 0.000000% 0.000000% 20.~~429577~~884330% 31.~~066189~~028579% 0.000000% 0.000000% 0.000000% 31.~~066189~~028579%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 7427,~~872~~063.7713

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.00975994% 100,000.00 0.~~00983851~~00992216% Fraud 20,491,922.00 2.00000000% 20,491,922.00 2.~~01609907~~03324071% Special Hazard 10,563,713.00 1.03101242% 10,~~509~~482,~~561~~365.2265 1.~~03398386~~04007680% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 3.~~126672~~117980% Weighted Average Net Coupon 2.~~876672~~867980% Weighted Average Pass-Through Rate 2.~~876672~~867980% Weighted Average Maturity(Stepdown Calculation ) ~~297~~296 Beginning Scheduled Collateral Loan Count 2,~~849~~840 Number Of Loans Paid In Full 913 Ending Scheduled Collateral Loan Count 2,~~840~~827 Beginning Scheduled Collateral Balance 1,~~022~~016,~~672~~414,~~505~~435.6694 Ending Scheduled Collateral Balance 1,~~016~~007,~~414~~845,~~435~~352.9490 Ending Actual Collateral Balance at 3130-~~Aug~~Sep-2003 1,~~016~~007,~~414~~845,~~435~~352.8884 Monthly P &I Constant 2,~~664~~640,~~634~~966.8758 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 1,~~016~~007,~~414~~845,~~435~~352.9490 Scheduled Principal 0.0601 Unscheduled Principal 68,~~258~~569,~~069~~083.6603

Miscellaneous Reporting Balances of One-Month LIBOR Loans ~~248~~244,~~168~~156,~~253~~192.0118 Balances of Six-Month LIBOR Loans ~~768~~763,~~246~~689,~~182~~160.9372 Pro Rata Senior Percentage 96.~~894117~~874994% Subordinate Percentage 0.~~031059~~031250% Senior Prepayment Percentage 100.000000% Subordinate Prepayment Percentage 0.000000%

Filing Compare · MERRILL LYNCH MORT INVESTORS INC TRUST SERIES MLCC 2003-D