8-K 1 mam03002.txt DECEMBER 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): December 26, 2003 MASTR ADJUSTABLE RATE MORTGAGES TRUST Mortgage Pass-Through Certificates, Series 2003-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-101254-10 54-2121778 Pooling and Servicing Agreement) (Commission 54-2121779 (State or other File Number) 54-2121836 jurisdiction IRS EIN 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 December 26, 2003 a distribution was made to holders of MASTR ADJUSTABLE RATE MORTGAGES TRUST, Mortgage Pass-Through Certificates, Series 2003-2 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 2003-2 Trust, relating to the December 26, 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. MASTR ADJUSTABLE RATE MORTGAGES TRUST Mortgage Pass-Through Certificates, Series 2003-2 Trust By: Wells Fargo Bank Minnesota, N.A. as Master Servicer By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 12/30/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-2 Trust, relating to the December 26, 2003 distribution. EX-99.1

Mortgage Asset Securitization Transactions, Inc Mortgage Pass-Through Certificates Record Date: 911/30/03 Distribution Date: 1012/2726/03 MARM Series: 2003-2 Contact: Customer Service - SecuritiesLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 846-8130 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution 1-A-1 576433DE3 SEN 4.~~11231~~11028% 38,~~309~~131,~~123~~050.2278 ~~132~~130,~~355~~571.0780 ~~131~~731,~~131~~690.9736 2-A-1 576433DF0 SEN 5.~~12075~~07373% 4339,~~506~~280,~~562~~603.6120 ~~187~~166,~~171~~036.8192 1,~~791~~546,~~286~~375.4170 3-A-1 576433DG8 SEN 3.~~97264~~93664% 7269,~~576~~969,~~438~~214.4717 ~~242,~~229,472.3696 ~~967~~51,~~728~~201.3380 3-AX 576433DH6 SEN 0.67850% 0.00 4139,~~371~~550.2087 0.00 4-A-1 576433DJ2 SEN 5.~~11713~~09998% 2725,~~548~~899,~~286~~190.3732 ~~118~~110,~~433~~040.1892 ~~740~~673,~~144~~995.8520 4-A-2 576433DK9 SEN 3.~~95943~~94228% 4441,~~090~~450,~~114~~790.0680 ~~146~~136,~~664~~138.9018 1,~~184~~078,~~577~~706.1785 4-AX 576433DL7 SEN 1.15770% 0.00 4239,~~883~~978.4664 0.00 5-A-1 576433DM5 SEN 4.~~43136~~39943% 2825,~~347~~605,~~655~~095.0233 ~~105~~93,~~537~~847.4342 ~~505~~389,~~605~~815.3467 5-A-2 576433DX1 SEN 4.~~43136~~39943% 1,~~180~~066,~~829~~587.9379 43,~~396~~909.1924 2116,~~061~~237.1489 6-A-1 576433DN3 SEN 4.~~24368~~24376% 14,~~120~~101,~~020~~136.6760 5049,~~342~~854.0350 108,~~336~~577.1714 6-AX 576433DP8 SEN 0.70530% 0.00 8,~~366~~285.8566 0.00 B-1 576433DR4 SUB 4.~~77170~~74638% 9,~~138~~126,~~355~~695.0470 36,~~634~~089.7500 5,~~793~~868.5747 B-2 576433DS2 SUB 4.~~77170~~74638% 2,~~696~~693,~~563~~123.7832 10,~~810~~649.2521 1,~~709~~731.5868 B-3 576433DT0 SUB 4.~~77170~~74638% 1,~~947~~945,~~518~~033.2951 7,~~807~~691.4110 1,~~234~~250.7066 B-4 576433DU7 SUB 4.~~77170~~74638% 1,~~048~~047,~~663~~325.6974 4,~~203~~141.9936 ~~664~~673.8443 B-5 576433DV5 SUB 4.~~77170~~74638% ~~898~~897,~~854~~707.5977 3,~~603~~549.4274 ~~569~~577.8623 B-6 576433DW3 SUB 4.~~77170~~74638% ~~901~~900,~~247~~097.4456 3,~~613~~559.0119 ~~571~~578.3876 AR 576433DQ6 SUB 4.~~11420~~11417% 0.00 0.00 0.00 Totals ~~286~~272,~~310~~113,~~233~~652.1859 1,~~146~~073,~~424~~366.3171 54,~~362~~507,~~415~~280.3184

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 3837,~~177~~399,~~991~~360.2541 ~~263~~862,~~487~~262.0416 0.00 2-A-1 0.00 4137,~~715~~734,~~276~~227.2050 1,~~978~~712,~~458~~412.2262 0.00 3-A-1 0.00 7169,~~608~~918,~~710~~012.1437 1280,~~209,957~~674.6976 0.00 3-AX 0.00 0.00 4139,~~371~~550.2087 0.00 4-A-1 0.00 2625,~~808~~225,~~141~~195.5212 ~~858~~784,~~578~~036.0312 0.00 4-A-2 0.00 4240,~~905~~372,~~536~~083.8995 1,~~331~~214,~~242~~845.0703 0.00 4-AX 0.00 0.00 4239,~~883~~978.4664 0.00 5-A-1 0.00 2725,~~842~~215,~~049~~279.6866 ~~611~~483,~~142~~663.7709 0.00 5-A-2 0.00 1,~~159~~050,~~768~~349.7991 2520,~~457~~147.3313 0.00 6-A-1 0.00 14,~~109~~092,~~684~~559.5047 6058,~~678~~431.2064 0.00 6-AX 0.00 0.00 8,~~366~~285.8566 0.00 B-1 0.00 9,~~132~~120,~~561~~827.4723 4241,~~428~~957.3247 0.00 B-2 0.00 2,~~694~~691,~~854~~391.2064 12,~~519~~380.8389 0.00 B-3 0.00 1,~~946~~943,~~283~~782.5985 98,~~042~~941.1176 0.00 B-4 0.00 1,~~047~~046,~~998~~652.8631 4,~~868~~814.8379 0.00 B-5 0.00 ~~898~~897,~~284~~130.7355 4,~~173~~126.2897 0.00 B-6 0.00 ~~900~~899,~~676~~518.0680 4,~~184~~137.3995 0.00 AR 0.00 0.00 0.00 0.00 Totals 0.00 ~~280~~267,~~947~~606,~~817~~371.8877 65,~~508~~580,~~839~~647.6255 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) 1-A-1 40,479,000.00 38,~~309~~131,~~123~~050.2278 3536,~~828~~439.4304 95695,~~303~~251.5432 0.00 0.00 2-A-1 46,601,000.00 4339,~~506~~280,~~562~~603.6120 2825,~~550~~276.9630 1,~~762~~521,~~735~~099.4540 0.00 0.00 3-A-1 72,916,000.00 7269,~~576~~969,~~438~~214.4717 4544,~~295~~641.5836 ~~922~~6,~~432~~560.7544 0.00 0.00 3-AX 0.00 0.00 0.00 0.00 0.00 0.00 4-A-1 30,000,000.00 2725,~~548~~899,~~286~~190.3732 10,~~773~~521.1976 ~~729~~663,~~371~~473.6744 0.00 0.00 4-A-2 48,014,000.00 4441,~~090~~450,~~114~~790.0680 1716,~~242~~839.1273 1,~~167~~061,~~335~~867.0412 0.00 0.00 4-AX 0.00 0.00 0.00 0.00 0.00 0.00 5-A-1 29,312,000.00 2825,~~347~~605,~~655~~095.0233 2523,~~527~~104.2243 ~~480~~366,~~078~~711.1224 0.00 0.00 5-A-2 1,221,000.00 1,~~180~~066,~~829~~587.9379 ~~1,063~~962.3442 1915,~~997~~275.8046 0.00 0.00 6-A-1 14,792,000.00 14,~~120~~101,~~020~~136.6760 7,~~351~~428.9835 21,~~984~~148.1979 0.00 0.00 6-AX 0.00 0.00 0.00 0.00 0.00 0.00 B-1 9,150,000.00 9,~~138~~126,~~355~~695.0470 5,~~793~~868.5747 0.00 0.00 0.00 B-2 2,700,000.00 2,~~696~~693,~~563~~123.7832 1,~~709~~731.5868 0.00 0.00 0.00 B-3 1,950,000.00 1,~~947~~945,~~518~~033.2951 1,~~234~~250.7066 0.00 0.00 0.00 B-4 1,050,000.00 1,~~048~~047,~~663~~325.6974 ~~664~~673.8443 0.00 0.00 0.00 B-5 900,000.00 ~~898~~897,~~854~~707.5977 ~~569~~577.8623 0.00 0.00 0.00 B-6 902,395.00 ~~901~~900,~~247~~097.4456 ~~571~~578.3876 0.00 0.00 0.00 AR 100.00 0.00 0.00 0.00 0.00 0.00 Totals 299,987,495.00 ~~286~~272,~~310~~113,~~233~~652.1859 ~~182~~175,~~176~~893.7562 54,~~180~~331,~~238~~387.5621 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 1-A-1 ~~131~~731,~~131~~690.9736 3837,~~177~~399,~~991~~360.2541 0.~~94315549~~92392007 ~~131~~731,~~131~~690.9736 2-A-1 1,~~791~~546,~~286~~375.4170 4137,~~715~~734,~~276~~227.2050 0.~~89515839~~80973000 1,~~791~~546,~~286~~375.4170 3-A-1 ~~967~~51,~~728~~201.3380 7169,~~608~~918,~~710~~012.1437 0.~~98207129~~95888437 ~~967~~51,~~728~~201.3380 3-AX 0.00 0.00 0.00000000 0.00 4-A-1 ~~740~~673,~~144~~995.8520 2625,~~808~~225,~~141~~195.5212 0.~~89360472~~84083984 ~~740~~673,~~144~~995.8520 4-A-2 1,~~184~~078,~~577~~706.1785 4240,~~905~~372,~~536~~083.8995 0.~~89360472~~84083984 1,~~184~~078,~~577~~706.1785 4-AX 0.00 0.00 0.00000000 0.00 5-A-1 ~~505~~389,~~605~~815.3467 2725,~~842~~215,~~049~~279.6866 0.~~94985159~~86023743 ~~505~~389,~~605~~815.3467 5-A-2 2116,~~061~~237.1489 1,~~159~~050,~~768~~349.7991 0.~~94985159~~86023744 2116,~~061~~237.1489 6-A-1 108,~~336~~577.1714 14,~~109~~092,~~684~~559.5047 0.~~95387267~~95271495 108,~~336~~577.1714 6-AX 0.00 0.00 0.00000000 0.00 B-1 5,~~793~~868.5747 9,~~132~~120,~~561~~827.4723 0.~~99809415~~99681172 5,~~793~~868.5747 B-2 1,~~709~~731.5868 2,~~694~~691,~~854~~391.2064 0.~~99809415~~99681172 1,~~709~~731.5868 B-3 1,~~234~~250.7066 1,~~946~~943,~~283~~782.5985 0.~~99809415~~99681172 1,~~234~~250.7066 B-4 ~~664~~673.8443 1,~~047~~046,~~998~~652.8631 0.~~99809415~~99681172 ~~664~~673.8443 B-5 ~~569~~577.8623 ~~898~~897,~~284~~130.7355 0.~~99809414~~99681172 ~~569~~577.8623 B-6 ~~571~~578.3876 ~~900~~899,~~676~~518.0680 0.~~99809514~~99681270 ~~571~~578.3876 AR 0.00 0.00 0.00000000 0.00 Totals 54,~~362~~507,~~415~~280.3184 ~~280~~267,~~947~~606,~~817~~371.8877 0.~~93653176~~89205842 54,~~362~~507,~~415~~280.3184

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 40,479,000.00 ~~946~~941.~~39500037~~99586897 0.~~88511154~~90019615 217.~~35439462~~17560513 0.00000000 2-A-1 46,601,000.00 ~~933~~842.~~59718912~~91331087 0.~~61266840~~54239823 3732.~~82612927~~64091758 0.00000000 3-A-1 72,916,000.00 ~~995~~959.~~34311358~~58656769 0.~~62120221~~61222996 120.~~65062195~~08997257 0.00000000 3-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A-1 30,000,000.00 ~~918~~863.~~27621233~~30634400 0.~~35910633~~35072533 2422.~~31238900~~11578133 0.00000000 4-A-2 48,014,000.00 ~~918~~863.~~27621235~~30634398 0.~~35910609~~35072541 2422.~~31238889~~11578123 0.00000000 4-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 5-A-1 29,312,000.00 ~~967~~873.~~10067617~~53627627 0.~~87087950~~78822428 1612.~~37821097~~51061818 0.00000000 5-A-2 1,221,000.00 ~~967~~873.~~10067977~~53627355 0.~~87087633~~78822277 1612.~~37821458~~51061425 0.00000000 6-A-1 14,792,000.00 ~~954~~953.~~57143524~~29479448 0.~~49702407~~50218699 0.~~20174351~~07766293 0.00000000 6-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 9,150,000.00 ~~998~~997.~~72732678~~45308197 0.~~63317705~~64136284 0.00000000 0.00000000 B-2 2,700,000.00 ~~998~~997.~~72732593~~45308148 0.~~63317778~~64136296 0.00000000 0.00000000 B-3 1,950,000.00 ~~998~~997.~~72732821~~45308205 0.~~63317949~~64136410 0.00000000 0.00000000 B-4 1,050,000.00 ~~998~~997.~~72732381~~45308571 0.~~63318095~~64136190 0.00000000 0.00000000 B-5 900,000.00 ~~998~~997.~~72732222~~45307778 0.~~63317778~~64136667 0.00000000 0.00000000 B-6 902,395.00 ~~998~~997.~~72831742~~45406391 0.~~63318170~~64135994 0.00000000 0.00000000 AR 100.00 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 1-A-1 0.00000000 318.~~23950616~~07580128 ~~943~~923.~~15549421~~92006744 0.~~94315549~~92392007 318.~~23950616~~07580128 2-A-1 0.00000000 3833.~~43879767~~18331581 ~~895~~809.~~15839145~~72999506 0.~~89515839~~80973000 3833.~~43879767~~18331581 3-A-1 0.00000000 130.~~27182415~~70220253 ~~982~~958.~~07128943~~88436516 0.~~98207129~~95888437 130.~~27182415~~70220253 3-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A-1 0.00000000 2422.~~67149500~~46650667 ~~893~~840.~~60471733~~83983733 0.~~89360472~~84083984 2422.~~67149500~~46650667 4-A-2 0.00000000 2422.~~67149519~~46650664 ~~893~~840.~~60471717~~83983734 0.~~89360472~~84083984 2422.~~67149519~~46650664 4-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 5-A-1 0.00000000 1713.~~24909047~~29884245 ~~949~~860.~~85158570~~23743382 0.~~94985159~~86023743 1713.~~24909047~~29884245 5-A-2 0.00000000 1713.~~24909091~~29884521 ~~949~~860.~~85158886~~23743653 0.~~94985159~~86023744 1713.~~24909091~~29884521 6-A-1 0.00000000 0.~~69876758~~57984992 ~~953~~952.~~87266766~~71494524 0.~~95387267~~95271495 0.~~69876758~~57984992 6-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.~~63317705~~64136284 ~~998~~996.~~09414973~~81171913 0.~~99809415~~99681172 0.~~63317705~~64136284 B-2 0.00000000 0.~~63317778~~64136296 ~~998~~996.~~09414815~~81171852 0.~~99809415~~99681172 0.~~63317778~~64136296 B-3 0.00000000 0.~~63317949~~64136410 ~~998~~996.~~09414872~~81171795 0.~~99809415~~99681172 0.~~63317949~~64136410 B-4 0.00000000 0.~~63318095~~64136190 ~~998~~996.~~09415238~~81172381 0.~~99809415~~99681172 0.~~63318095~~64136190 B-5 0.00000000 0.~~63317778~~64136667 ~~998~~996.~~09414444~~81172222 0.~~99809414~~99681172 0.~~63317778~~64136667 B-6 0.00000000 0.~~63318170~~64135994 ~~998~~996.~~09513572~~81270397 0.~~99809514~~99681270 0.~~63318170~~64135994 AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, 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 1-A-1 40,479,000.00 4.~~11231~~11028% 38,~~309~~131,~~123~~050.2278 ~~131~~130,~~282~~607.4876 0.00 0.00 2-A-1 46,601,000.00 5.~~12075~~07373% 4339,~~506~~280,~~562~~603.6120 ~~185~~166,~~654~~082.9964 0.00 0.00 3-A-1 72,916,000.00 3.~~97264~~93664% 7269,~~576~~969,~~438~~214.4717 ~~240~~229,~~266~~536.3615 0.00 0.00 3-AX 0.00 0.67850% 7269,~~576~~969,~~438~~214.4717 4139,~~035~~561.9376 0.00 0.00 4-A-1 30,000,000.00 5.~~11713~~09998% 2725,~~548~~899,~~286~~190.3732 ~~117~~110,~~473~~071.4122 0.00 0.00 4-A-2 48,014,000.00 3.~~95943~~94228% 4441,~~090~~450,~~114~~790.0680 ~~145~~136,~~476~~175.3467 0.00 0.00 4-AX 0.00 1.15770% 4441,~~090~~450,~~114~~790.0680 4239,~~535~~989.9465 0.00 0.00 5-A-1 29,312,000.00 4.~~43136~~39943% 2825,~~347~~605,~~655~~095.0233 ~~104~~93,~~682~~873.1626 0.00 0.00 5-A-2 1,221,000.00 4.~~43136~~39943% 1,~~180~~066,~~829~~587.9379 43,~~360~~910.5732 0.00 0.00 6-A-1 14,792,000.00 4.~~24368~~24376% 14,~~120~~101,~~020~~136.6760 49,~~934~~868.0723 0.00 0.00 6-AX 0.00 0.70530% 14,~~120~~101,~~020~~136.6760 8,~~299~~287.0494 0.00 0.00 B-1 9,150,000.00 4.~~77170~~74638% 9,~~138~~126,~~355~~695.0470 36,~~337~~098.8693 0.00 0.00 B-2 2,700,000.00 4.~~77170~~74638% 2,~~696~~693,~~563~~123.7832 10,~~722~~652.6514 0.00 0.00 B-3 1,950,000.00 4.~~77170~~74638% 1,~~947~~945,~~518~~033.2951 7,~~744~~693.1422 0.00 0.00 B-4 1,050,000.00 4.~~77170~~74638% 1,~~048~~047,~~663~~325.6974 4,~~169~~142.9250 0.00 0.00 B-5 900,000.00 4.~~77170~~74638% ~~898~~897,~~854~~707.5977 3,~~574~~550.2271 0.00 0.00 B-6 902,395.00 4.~~77170~~74638% ~~901~~900,~~247~~097.4456 3,~~583~~560.7317 0.00 0.00 AR 100.00 4.~~11420~~11417% 0.00 0.00 0.00 0.00 Totals 299,987,495.00 1,~~137~~073,~~133~~662.8127 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 1-A-1 ~~(1,072~~35.~~58)~~96 0.00 ~~132~~130,~~355~~571.0780 0.00 3837,~~177~~399,~~991~~360.2541 2-A-1 ~~(1,516~~45.~~82)~~72 0.00 ~~187~~166,~~171~~036.8192 0.00 4137,~~715~~734,~~276~~227.2050 3-A-1 ~~(1,963~~63.~~01)~~19 0.00 ~~242,~~229,472.3696 0.00 7169,~~608~~918,~~710~~012.1437 3-AX ~~(335~~10.~~27)~~89 0.00 4139,~~371~~550.2087 0.00 7169,~~608~~918,~~710~~012.1437 4-A-1 ~~(959~~30.~~77)~~30 0.00 ~~118~~110,~~433~~040.1892 0.00 2625,~~808~~225,~~141~~195.5212 4-A-2 ~~(1,188~~37.~~56)~~49 0.00 ~~146~~136,~~664~~138.9018 0.00 4240,~~905~~372,~~536~~083.8995 4-AX ~~(347~~11.~~52)~~01 0.00 4239,~~883~~978.4664 0.00 4240,~~905~~372,~~536~~083.8995 5-A-1 ~~(855~~25.~~27)~~84 0.00 ~~105~~93,~~537~~847.4342 0.00 2725,~~842~~215,~~049~~279.6866 5-A-2 ~~(35~~1.~~63)~~08 0.00 43,~~396~~909.1924 0.00 1,~~159~~050,~~768~~349.7991 6-A-1 ~~(407~~13.~~97)~~73 0.00 5049,~~342~~854.0350 0.00 14,~~109~~092,~~684~~559.5047 6-AX ~~(67~~2.~~80)~~28 0.00 8,~~366~~285.8566 0.00 14,~~109~~092,~~684~~559.5047 B-1 ~~(296~~9.~~88)~~94 0.00 36,~~634~~089.7500 0.00 9,~~132~~120,~~561~~827.4723 B-2 ~~(87~~2.~~61)~~93 0.00 10,~~810~~649.2521 0.00 2,~~694~~691,~~854~~391.2064 B-3 ~~(63~~2.~~27)~~12 0.00 7,~~807~~691.4110 0.00 1,~~946~~943,~~283~~782.5985 B-4 ~~(34~~1.~~07)~~14 0.00 4,~~203~~141.9936 0.00 1,~~047~~046,~~998~~652.8631 B-5 ~~(29~~0.~~20)~~98 0.00 3,~~603~~549.4274 0.00 ~~898~~897,~~284~~130.7355 B-6 ~~(29~~0.~~28)~~98 0.00 3,~~613~~559.0119 0.00 ~~900~~899,~~676~~518.0680 AR 0.00 0.00 0.00 0.00 0.00 Totals ~~(9,290~~295.~~51)~~58 0.00 1,~~146~~073,~~424~~366.3171 0.00 (4) Amount Does Not Include Excess Special Hazard, 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 1-A-1 40,479,000.00 4.~~11231~~11028% ~~946~~941.~~39500037~~99586897 3.~~24322439~~22655599 0.00000000 0.00000000 2-A-1 46,601,000.00 5.~~12075~~07373% ~~933~~842.~~59718912~~91331087 3.~~98392717~~56392867 0.00000000 0.00000000 3-A-1 72,916,000.00 3.~~97264~~93664% ~~995~~959.~~34311358~~58656769 3.~~29511164~~14795312 0.00000000 0.00000000 3-AX 0.00 0.67850% ~~995~~959.~~34311358~~58656769 0.~~56278361~~54256624 0.00000000 0.00000000 4-A-1 30,000,000.00 5.~~11713~~09998% ~~918~~863.~~27621233~~30634400 3.~~91578033~~66904067 0.00000000 0.00000000 4-A-2 48,014,000.00 3.~~95943~~94228% ~~918~~863.~~27621235~~30634398 32.~~02987337~~83616591 0.00000000 0.00000000 4-AX 0.00 1.15770% ~~918~~863.~~27621235~~30634398 0.~~88590703~~83287479 0.00000000 0.00000000 5-A-1 29,312,000.00 4.~~43136~~39943% ~~967~~873.~~10067617~~53627627 3.~~57130731~~20255390 0.00000000 0.00000000 5-A-2 1,221,000.00 4.~~43136~~39943% ~~967~~873.~~10067977~~53627355 3.~~57131040~~20255528 0.00000000 0.00000000 6-A-1 14,792,000.00 4.~~24368~~24376% ~~954~~953.~~57143524~~29479448 3.~~37574838~~37129732 0.00000000 0.00000000 6-AX 0.00 0.70530% ~~954~~953.~~57143524~~29479448 0.~~56104922~~56029881 0.00000000 0.00000000 B-1 9,150,000.00 4.~~77170~~74638% ~~998~~997.~~72732678~~45308197 3.~~97135082~~94523825 0.00000000 0.00000000 B-2 2,700,000.00 4.~~77170~~74638% ~~998~~997.~~72732593~~45308148 3.~~97135185~~94523704 0.00000000 0.00000000 B-3 1,950,000.00 4.~~77170~~74638% ~~998~~997.~~72732821~~45308205 3.~~97135385~~94524103 0.00000000 0.00000000 B-4 1,050,000.00 4.~~77170~~74638% ~~998~~997.~~72732381~~45308571 3.~~97135238~~94523810 0.00000000 0.00000000 B-5 900,000.00 4.~~77170~~74638% ~~998~~997.~~72732222~~45307778 3.~~97135556~~94523333 0.00000000 0.00000000 B-6 902,395.00 4.~~77170~~74638% ~~998~~997.~~72831742~~45406391 3.~~97135401~~94524571 0.00000000 0.00000000 AR 100.00 4.~~11420~~11417% 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 1-A-1 (0.~~02649720)~~00088836 0.00000000 3.~~26972183~~22566763 0.00000000 ~~943~~923.~~15549421~~92006744 2-A-1 (0.~~03254909)~~00098109 0.00000000 43.~~01647626~~56294758 0.00000000 ~~895~~809.~~15839145~~72999506 3-A-1 (0.~~02692153)~~00086661 0.00000000 3.~~32203302~~14708651 0.00000000 ~~982~~958.~~07128943~~88436516 3-AX (0.~~00459803)~~00014935 0.00000000 0.~~56738164~~54241689 0.00000000 ~~982~~958.~~07128943~~88436516 4-A-1 (0.~~03199233)~~00101000 0.00000000 3.~~94777267~~66803067 0.00000000 ~~893~~840.~~60471733~~83983733 4-A-2 (0.~~02475445)~~00078081 0.00000000 32.~~05462782~~83538510 0.00000000 ~~893~~840.~~60471717~~83983734 4-AX (0.~~00723789)~~00022931 0.00000000 0.~~89314492~~83264548 0.00000000 ~~893~~840.~~60471717~~83983734 5-A-1 (0.~~02917815)~~00088155 0.00000000 3.~~60048547~~20167235 0.00000000 ~~949~~860.~~85158570~~23743382 5-A-2 (0.~~02918100)~~00088452 0.00000000 3.~~60048321~~20167076 0.00000000 ~~949~~860.~~85158886~~23743653 6-A-1 (0.~~02758045)~~00092820 0.00000000 3.~~40332815~~37036912 0.00000000 ~~953~~952.~~87266766~~71494524 6-AX (0.~~00458356)~~00015414 0.00000000 0.~~56563345~~56014467 0.00000000 ~~953~~952.~~87266766~~71494524 B-1 (0.~~03244590)~~00108634 0.00000000 43.~~00379781~~94415301 0.00000000 ~~998~~996.~~09414973~~81171913 B-2 (0.~~03244815)~~00108519 0.00000000 43.~~00379630~~94415185 0.00000000 ~~998~~996.~~09414815~~81171852 B-3 (0.~~03244615)~~00108718 0.00000000 43.~~00380000~~94415385 0.00000000 ~~998~~996.~~09414872~~81171795 B-4 (0.~~03244762)~~00108571 0.00000000 43.~~00380000~~94415238 0.00000000 ~~998~~996.~~09415238~~81172381 B-5 (0.~~03244444)~~00108889 0.00000000 43.~~00380000~~94415556 0.00000000 ~~998~~996.~~09414444~~81172222 B-6 (0.~~03244699)~~00108600 0.00000000 43.~~00380100~~94415971 0.00000000 ~~998~~996.~~09513572~~81270397 AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, 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 65,~~572~~636,~~096~~604.4234 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 3842,~~938~~655.9824 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 65,~~611~~679,~~035~~259.4058 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~102~~98,~~195~~612.7803 Payment of Interest and Principal 65,~~508~~580,~~839~~647.6255 Total Withdrawals (Pool Distribution Amount) 65,~~611~~679,~~035~~259.4058 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall ~~(9,290~~295.~~51)~~58 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall ~~(9,290~~295.~~51)~~58

SERVICING FEES Gross Servicing Fee ~~102~~97,~~195~~495.7896 LPMI 1,116.07 Master Servicing Fee 0.00 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~102~~98,~~195~~612.7803

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 2120 0 0 0 2120 7,~~742~~373,~~370~~399.3959 0.00 0.00 0.00 7,~~742~~373,~~370~~399.3959 60 Days 25 0 0 0 25 ~~646~~1,~~441~~424,416.0476 0.00 0.00 0.00 ~~646~~1,~~441~~424,416.0476 90 Days 0 01 0 0 01 0.00 0362,318.0093 0.00 0.00 0362,318.0093 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 01 0 0 0 01 0164,350.00 0.00 0.00 0.00 0164,350.00 Totals 2326 01 0 0 2327 8,~~388~~962,~~811~~166.4335 0362,318.0093 0.00 0.00 89,~~388~~324,~~811~~485.4328 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 2.~~857143~~820874% 0.000000% 0.000000% 0.000000% 2.~~857143~~820874% 2.~~754342~~753769% 0.000000% 0.000000% 0.000000% 2.~~754342~~753769% 60 Days 0.~~272109~~705219% 0.000000% 0.000000% 0.000000% 0.~~272109~~705219% 0.~~229971~~531982% 0.000000% 0.000000% 0.000000% 0.~~229971~~531982% 90 Days 0.000000% 0.~~000000~~141044% 0.000000% 0.000000% 0.~~000000~~141044% 0.000000% 0.~~000000~~135317% 0.000000% 0.000000% 0.~~000000~~135317% 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~~141044% 0.000000% 0.000000% 0.000000% 0.~~000000~~141044% 0.~~000000~~061380% 0.000000% 0.000000% 0.000000% 0.~~000000~~061380% Totals 3.~~129252~~667137% 0.~~000000~~141044% 0.000000% 0.000000% 3.~~129252~~808181% 23.~~984313~~347131% 0.~~000000~~135317% 0.000000% 0.000000% 23.~~984313~~482448%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 10 0 0 0 10 ~~747,786~~0.6000 0.00 0.00 0.00 ~~747,786~~0.6000 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 10 0 0 0 10 ~~747,786~~0.6000 0.00 0.00 0.00 ~~747,786~~0.6000 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~063830~~000000% 0.000000% 0.000000% 0.000000% 10.~~063830~~000000% 10.~~842718~~000000% 0.000000% 0.000000% 0.000000% 10.~~842718~~000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 10.~~063830~~000000% 0.000000% 0.000000% 0.000000% 10.~~063830~~000000% 10.~~842718~~000000% 0.000000% 0.000000% 0.000000% 10.~~842718~~000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 86 0 0 0 86 23,~~755~~056,~~543~~161.2667 0.00 0.00 0.00 23,~~755~~056,~~543~~161.2667 60 Days 02 0 0 0 02 0917,566.0076 0.00 0.00 0.00 0917,566.0076 90 Days 0 01 0 0 01 0.00 0362,318.0093 0.00 0.00 0362,318.0093 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 8 01 0 0 89 23,~~755~~973,~~543~~728.2643 0362,318.0093 0.00 0.00 24,~~755~~336,~~543~~047.2636 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 65.~~722689~~555556% 0.000000% 0.000000% 0.000000% 65.~~722689~~555556% 67.~~195907~~548051% 0.000000% 0.000000% 0.000000% 67.~~195907~~548051% 60 Days 01.~~000000~~851852% 0.000000% 0.000000% 0.000000% 01.~~000000~~851852% 02.~~000000~~266189% 0.000000% 0.000000% 0.000000% 02.~~000000~~266189% 90 Days 0.000000% 0.~~000000~~925926% 0.000000% 0.000000% 0.~~000000~~925926% 0.000000% 0.~~000000~~894849% 0.000000% 0.000000% 0.~~000000~~894849% 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 67.~~722689~~407407% 0.~~000000~~925926% 0.000000% 0.000000% 68.~~722689~~333333% 69.~~195907~~814241% 0.~~000000~~894849% 0.000000% 0.000000% 610.~~195907~~709089% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 65 0 0 0 65 21,~~121~~371,~~907~~900.2728 0.00 0.00 0.00 21,~~121~~371,~~907~~900.2728 60 Days 13 0 0 0 13 ~~461~~506,~~470~~850.0500 0.00 0.00 0.00 ~~461~~506,~~470~~850.0500 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 78 0 0 0 78 21,~~583~~878,~~377~~750.3228 0.00 0.00 0.00 21,~~583~~878,~~377~~750.3228 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 32.~~157895~~645503% 0.000000% 0.000000% 0.000000% 32.~~157895~~645503% 21.~~794671~~848103% 0.000000% 0.000000% 0.000000% 21.~~794671~~848103% 60 Days 01.~~526316~~587302% 0.000000% 0.000000% 0.000000% 01.~~526316~~587302% 0.~~607782~~682784% 0.000000% 0.000000% 0.000000% 0.~~607782~~682784% 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 34.~~684211~~232804% 0.000000% 0.000000% 0.000000% 34.~~684211~~232804% 32.~~402453~~530887% 0.000000% 0.000000% 0.000000% 32.~~402453~~530887% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 38 0 0 0 38 ~~863~~2,~~549~~589,087.0264 0.00 0.00 0.00 ~~863~~2,~~549~~589,087.0264 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 01 0 0 0 01 0164,350.00 0.00 0.00 0.00 0164,350.00 Totals 39 0 0 0 39 ~~863~~2,~~549~~753,437.0264 0.00 0.00 0.00 ~~863~~2,~~549~~753,437.0264 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 14.~~500000~~166667% 0.000000% 0.000000% 0.000000% 14.~~500000~~166667% 13.~~161940~~688174% 0.000000% 0.000000% 0.000000% 13.~~161940~~688174% 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~~520833% 0.000000% 0.000000% 0.000000% 0.~~000000~~520833% 0.~~000000~~234118% 0.000000% 0.000000% 0.000000% 0.~~000000~~234118% Totals 14.~~500000~~687500% 0.000000% 0.000000% 0.000000% 14.~~500000~~687500% 13.~~161940~~922292% 0.000000% 0.000000% 0.000000% 13.~~161940~~922292% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 5 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 31 0 0 0 3 1 356,~~253,584~~250.2400 0.00 0.00 0.00 1356,~~253,584~~250.2400 60 Days 10 0 0 0 10 ~~184,970~~0.9900 0.00 0.00 0.00 ~~184,970~~0.9900 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 41 0 0 0 4 1 356,~~438,555~~250.2300 0.00 0.00 0.00 1356,~~438,555~~250.2300 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 31.~~061224~~075269% 0.000000% 0.000000% 0.000000% 31.~~061224~~075269% 41.~~068506~~269035% 0.000000% 0.000000% 0.000000% 41.~~068506~~269035% 60 Days 10.~~020408~~000000% 0.000000% 0.000000% 0.000000% 10.~~020408~~000000% 0.~~600323~~000000% 0.000000% 0.000000% 0.000000% 0.~~600323~~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 41.~~081633~~075269% 0.000000% 0.000000% 0.000000% 41.~~081633~~075269% 41.~~668829~~269035% 0.000000% 0.000000% 0.000000% 41.~~668829~~269035% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 6 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 3842,~~938~~655.9824

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 150,000.00 0.05000208% 150,000.00 0.~~05339070~~05605248% Fraud 8,999,625.00 3.00000004% 8,999,625.00 3.~~20330838~~36300849% Special Hazard 3,665,000.00 1.22171759% 3,665,000.00 1.~~30451271~~36954885% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~199038~~169638% Weighted Average Net Coupon 4.~~770710~~739689% Weighted Average Pass-Through Rate 4.~~766022~~734767% Weighted Average Maturity(Stepdown Calculation ) ~~356~~354 Beginning Scheduled Collateral Loan Count ~~747~~720 Number Of Loans Paid In Full 1211 Ending Scheduled Collateral Loan Count ~~735~~709 Beginning Scheduled Collateral Balance ~~286~~272,~~310~~113,~~233~~652.1959 Ending Scheduled Collateral Balance ~~280~~267,~~947~~606,~~817~~371.8876 Ending Actual Collateral Balance at 30-~~Sep~~Nov-2003 ~~281~~267,~~096~~756,~~925~~637.9829 Monthly P &I Constant 1,~~422~~348,~~624~~167.9996 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 ~~280~~267,~~947~~606,~~817~~371.8876 Scheduled Principal ~~182~~175,~~176~~893.7562 Unscheduled Principal 54,~~180~~331,~~238~~387.5621

Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.~~399677~~397721 5.~~464969~~420654 5.~~223694~~194018 Weighted Average Net Rate 4.~~116580~~114559 5.~~125834~~079317 4.~~652280~~616320 Weighted Average Maturity ~~355~~353 ~~354~~352 ~~355~~353 Beginning Loan Count 94 ~~123~~114 ~~193~~189 Loans Paid In Full 01 46 30 Ending Loan Count 9493 ~~119~~108 ~~190~~189 Beginning Scheduled Balance 40,~~683~~501,~~631~~083.2055 4642,~~241~~012,~~577~~029.2138 7674,~~856~~243,~~077~~468.3500 Ending scheduled Balance 4039,~~550~~767,~~278~~128.4832 4440,~~448~~463,~~495~~896.9606 7574,~~885~~189,~~678~~539.0617 Record Date 0911/30/2003 0911/30/2003 0911/30/2003 Principal And Interest Constant 187,~~211~~130.5698 ~~240~~216,~~936~~811.4615 ~~382~~368,~~527~~719.0898 Scheduled Principal 38,~~049~~703.1891 3027,~~345~~033.8092 47,~~966~~368.5439 Unscheduled Principal 95695,~~303~~251.5432 1,~~762~~521,~~735~~099.4540 ~~922~~6,~~432~~560.7544 Scheduled Interest ~~149~~148,~~162~~427.3807 ~~210~~189,~~590~~777.6623 ~~334~~321,~~560~~351.5459 Servicing Fees 9,~~597~~556.8699 1311,~~068~~950.4621 3635,~~597~~741.2093 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 144.7842 ~~196~~195.0662 73.3117 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 ~~139~~138,~~419~~725.7466 ~~197~~177,~~326~~631.1440 ~~297~~285,~~890~~536.0349 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.000000 0.000000 0.000000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.~~112310~~110280 5.~~120745~~073730 4.~~651135~~615137

Group Level Collateral Statement Group 4 5 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~506895~~490823 4.~~859047~~813219 5.~~566811~~567074 Weighted Average Net Rate 5.~~126465~~109859 4.~~435621~~404115 4.~~948982~~949062 Weighted Average Maturity ~~355~~353 ~~355~~353 ~~354~~352 Beginning Loan Count ~~204~~195 9994 34 Loans Paid In Full 43 1 0 Ending Loan Count ~~200~~192 9893 34 Beginning Scheduled Balance 7671,~~219~~927,~~987~~929.0695 3128,~~319~~459,~~906~~879.9777 14,~~989~~969,~~053~~261.4094 Ending scheduled Balance 7470,~~293~~173,~~473~~368.3407 3028,~~791~~052,~~627~~212.3066 14,~~978~~960,~~264~~227.7448 Record Date 0911/30/2003 0911/30/2003 0911/30/2003 Principal And Interest Constant ~~379~~358,~~586~~340.5790 ~~155~~139,~~024~~833.4945 77,~~338~~331.8350 Scheduled Principal 29,~~807~~221.0132 2825,~~203~~680.7541 7,~~804~~885.4767 Unscheduled Principal 1,~~896~~725,~~706~~340.7156 ~~500~~381,~~075~~986.9270 21,~~984~~148.1979 Scheduled Interest ~~349~~329,~~779~~119.5658 ~~126~~114,~~820~~153.7404 69,~~534~~445.3683 Servicing Fees 2422,~~163~~834.6595 119,~~051~~702.3856 7,~~717~~709.2332 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee ~~593~~591.0882 111.3004 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest ~~325~~305,~~022~~692.8381 ~~115~~104,~~658~~339.0644 61,~~817~~736.1351 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.000000 0.000000 0.000000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.~~117128~~099984 4.~~431357~~399434 4.~~948982~~949062

Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 5.~~199038~~169638 Weighted Average Net Rate 4.~~770710~~739689 Weighted Average Maturity ~~356~~354.00 Record Date 0911/30/2003 Principal And Interest Constant 1,~~422~~348,~~624~~167.9996 Beginning Loan Count ~~747~~720 Loans Paid In Full 1211 Ending Loan Count ~~735~~709 Beginning Scheduled Balance ~~286~~272,~~310~~113,~~233~~652.1959 Ending Scheduled Balance ~~280~~267,~~947~~606,~~817~~371.8876 Scheduled Principal ~~182~~175,~~176~~893.7562 Unscheduled Principal 54,~~180~~331,~~238~~387.5621 Scheduled Interest 1,~~240~~172,~~448~~274.2434 Servicing Fee ~~102~~97,~~195~~495.7896 Master Servicing Fee 0.00 Trustee Fee 0.00 Fry Amount 0.00 Special Hazard Fee 0.00 Other Fee 1,~~118~~116.5307 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 1,~~137~~073,~~133~~662.9331 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.000000 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 4.~~766022~~734767

Miscellaneous Reporting Group 1 Senior Percentage 94.~~163481~~148224% Subordinate Percentage 5.~~836519~~851776% Senior Prepayment Percentage 100.000000% Group 2 Senior Percentage 9493.~~085378~~498466% Subordinate Percentage 56.~~914622~~501534% Senior Prepayment Percentage 100.000000% Group 3 Senior Percentage 94.~~431619~~242923% Subordinate Percentage 5.~~568381~~757077% Senior Prepayment Percentage 100.000000%

Miscellaneous Reporting Group 4 Senior Percentage 93.~~988996~~635367% Subordinate Percentage 6.~~011004~~364633% Senior Prepayment Percentage 100.000000% Group 5 Senior Percentage 9493.~~280245~~716781% Subordinate Percentage 56.~~719755~~283219% Senior Prepayment Percentage 100.000000% Group 6 Senior Percentage 94.~~202217~~200614% Subordinate Percentage 5.~~797783~~799386% Senior Prepayment Percentage 100.000000%

Filing Compare · MASTR ADJUSTABLE RATE MORTGAGE TRUST 2003-2