8-K 1 mam03003_dec.txt DECEMBER 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): December 26, 2003 MASTR ADJUSTABLE RATE MORTGAGES TRUST Mortgage Pass-Through Certificates, Series 2003-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106982-02 54-2123774 Pooling and Servicing Agreement) (Commission 54-2123775 (State or other File Number) 54-2123776 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 2003-3 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 2003-3 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 2003-3 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: 12/30/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-3 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: 2003-3 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 1-A1 576433DY9 SEN 4.~~44806~~45555% 5756,~~777~~567,~~498~~243.4992 ~~214~~210,~~105~~031.7767 351,~~557~~338,319.9330 2-A1 576433DZ6 SEN 4.~~32086~~32385% 4746,~~333~~845,~~644~~188.4597 ~~170~~168,~~388~~792.1582 ~~437~~52,~~708~~205.0149 2-AX 576433EA0 SEN 0.30230% 0.00 11,~~920~~801.8408 0.00 3-A1 576433EB8 SEN 4.~~84196~~83075% 7065,~~463~~411,~~088~~068.0872 ~~284~~263,~~237~~320.7763 1,~~659~~260,~~991~~444.1101 3-A2 576433EC6 SEN 4.~~84196~~83075% 15,061,000.00 60,~~753~~629.8798 0.00 3-A3 576433ED4 SEN 4.~~84196~~83075% 28,615,000.00 115,~~428~~193.7235 0.00 3-A4 576433EE2 SEN 4.62550% 34,639,000.00 133,~~482~~518.0791 0.00 3-AX 576433EF9 SEN 0.~~21646~~20525% 0.00 65,~~246~~924.5882 0.00 4-A1 576433EG7 SEN 4.~~64319~~63354% 3332,~~126~~637,~~082~~639.6395 ~~128~~126,~~140~~023.1315 44,~~898~~468.9153 B-1 576433EJ1 SUB 4.~~70447~~69951% 9,~~165~~151,~~877~~603.6050 35,~~923~~840.9001 7,~~130~~149.2104 B-2 576433EK8 SUB 4.~~70447~~69951% 2,~~902~~898,~~744~~223.4094 11,~~376~~350.7518 2,~~258~~264.0703 B-3 576433EL6 SUB 4.~~70447~~69951% 1,~~986~~983,~~456~~362.4189 7,~~785~~767.5435 1,~~545~~549.2836 B-4 576433EM4 SUB 4.~~70447~~69951% ~~916~~914,~~287~~861.9905 3,~~591~~582.2283 ~~712~~714.7967 B-5 576433EN2 SUB 4.~~70447~~69951% ~~916~~914,~~287~~861.9905 3,~~591~~582.2283 ~~712~~714.7967 B-6 576433EP7 SUB 4.~~70447~~69951% ~~917~~916,~~806~~377.3101 3,~~597~~588.1777 ~~713~~715.9785 AR 576433EH5 SEN 4.~~44807~~45203% 0.00 0.00 0.00 Totals ~~303~~296,~~820~~555,~~774~~431.3500 1,~~190~~160,~~569~~948.7038 2,~~191~~708,~~229~~544.0795

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 5755,~~741~~228,~~940~~924.5762 ~~249~~1,~~663~~548,350.7097 0.00 2-A1 0.00 46,~~895~~792,~~936~~983.4448 ~~608~~220,~~096~~998.1631 0.00 2-AX 0.00 0.00 11,~~920~~801.8408 0.00 3-A1 0.00 6864,~~803~~150,~~096~~624.9771 1,~~944~~523,~~228~~764.8864 0.00 3-A2 0.00 15,061,000.00 60,~~753~~629.8798 0.00 3-A3 0.00 28,615,000.00 115,~~428~~193.7235 0.00 3-A4 0.00 34,639,000.00 133,~~482~~518.0791 0.00 3-AX 0.00 0.00 65,~~246~~924.5882 0.00 4-A1 0.00 3332,~~081~~593,~~183~~171.7342 ~~173~~170,~~039~~491.0468 0.00 B-1 0.00 9,~~158~~144,~~747~~454.3846 4342,~~054~~989.1105 0.00 B-2 0.00 2,~~900~~895,~~486~~959.3491 13,~~634~~614.8221 0.00 B-3 0.00 1,~~984~~981,~~911~~813.1353 9,~~330~~316.8271 0.00 B-4 0.00 ~~915~~914,~~575~~146.2038 4,~~304~~297.0150 0.00 B-5 0.00 ~~915~~914,~~575~~146.2038 4,~~304~~297.0150 0.00 B-6 0.00 ~~917~~915,~~092~~661.3415 4,~~311~~304.1462 1.05 AR 0.00 0.00 0.00 0.00 Totals 0.00 ~~301~~293,~~629~~846,~~545~~886.3004 3,~~381~~869,~~798~~493.7733 1.05 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-A1 57,811,000.00 5756,~~777~~567,~~498~~243.4992 3029,~~901~~919.0962 41,~~656~~308,399.8468 0.00 0.00 2-A1 47,383,000.00 4746,~~333~~845,~~644~~188.4597 48,~~212~~148.3806 ~~389~~4,~~495~~057.6343 0.00 0.00 2-AX 0.00 0.00 0.00 0.00 0.00 0.00 3-A1 72,291,000.00 7065,~~463~~411,~~088~~068.0872 ~~104~~101,~~783~~567.0695 1,~~555~~158,~~208~~876.0506 0.00 0.00 3-A2 15,061,000.00 15,061,000.00 0.00 0.00 0.00 0.00 3-A3 28,615,000.00 28,615,000.00 0.00 0.00 0.00 0.00 3-A4 34,639,000.00 34,639,000.00 0.00 0.00 0.00 0.00 3-AX 0.00 0.00 0.00 0.00 0.00 0.00 4-A1 33,168,000.00 3332,~~126~~637,~~082~~639.6395 39,~~505~~430.4954 5,~~393~~037.4299 0.00 0.00 B-1 9,173,000.00 9,~~165~~151,~~877~~603.6050 7,~~130~~149.2104 0.00 0.00 0.00 B-2 2,905,000.00 2,~~902~~898,~~744~~223.4094 2,~~258~~264.0703 0.00 0.00 0.00 B-3 1,988,000.00 1,~~986~~983,~~456~~362.4189 1,~~545~~549.2836 0.00 0.00 0.00 B-4 917,000.00 ~~916~~914,~~287~~861.9905 ~~712~~714.7967 0.00 0.00 0.00 B-5 917,000.00 ~~916~~914,~~287~~861.9905 ~~712~~714.7967 0.00 0.00 0.00 B-6 918,519.00 ~~917~~916,~~806~~377.3101 ~~713~~715.9785 0.00 0.00 0.00 AR 100.00 0.00 0.00 0.00 0.00 0.00 Totals 305,786,619.00 ~~303~~296,~~820~~555,~~774~~431.3500 ~~236~~232,~~475~~173.1379 12,~~954~~476,~~753~~371.9416 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-A1 351,~~557~~338,319.9330 5755,~~741~~228,~~940~~924.5762 0.~~99880543~~95533592 351,~~557~~338,319.9330 2-A1 ~~437~~52,~~708~~205.0149 46,~~895~~792,~~936~~983.4448 0.~~98972071~~98754793 ~~437~~52,~~708~~205.0149 2-AX 0.00 0.00 0.00000000 0.00 3-A1 1,~~659~~260,~~991~~444.1101 6864,~~803~~150,~~096~~624.9771 0.~~95175191~~88739435 1,~~659~~260,~~991~~444.1101 3-A2 0.00 15,061,000.00 1.00000000 0.00 3-A3 0.00 28,615,000.00 1.00000000 0.00 3-A4 0.00 34,639,000.00 1.00000000 0.00 3-AX 0.00 0.00 0.00000000 0.00 4-A1 44,~~898~~468.9153 3332,~~081~~593,~~183~~171.7342 0.~~99738253~~98266918 44,~~898~~468.9153 B-1 7,~~130~~149.2104 9,~~158~~144,~~747~~454.3846 0.~~99844624~~99688809 7,~~130~~149.2104 B-2 2,~~258~~264.0703 2,~~900~~895,~~486~~959.3491 0.~~99844624~~99688809 2,~~258~~264.0703 B-3 1,~~545~~549.2836 1,~~984~~981,~~911~~813.1353 0.~~99844624~~99688809 1,~~545~~549.2836 B-4 ~~712~~714.7967 ~~915~~914,~~575~~146.2038 0.~~99844624~~99688809 ~~712~~714.7967 B-5 ~~712~~714.7967 ~~915~~914,~~575~~146.2038 0.~~99844624~~99688809 ~~712~~714.7967 B-6 ~~713~~715.9785 ~~917~~915,~~092~~661.3415 0.~~99844678~~99688863 ~~713~~715.9785 AR 0.00 0.00 0.00000000 0.00 Totals 2,~~191~~708,~~229~~544.0795 ~~301~~293,~~629~~846,~~545~~886.3004 0.~~98640531~~96095404 2,~~191~~708,~~229~~544.0795

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 57,811,000.00 ~~999~~978.~~42049939~~48582311 0.~~53451921~~51754199 022.~~08055284~~63236547 0.00000000 2-A1 47,383,000.00 ~~998~~988.~~95837009~~64970496 1.~~01750375~~01614630 80.~~22015554~~08563050 0.00000000 2-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 72,291,000.00 ~~974~~904.~~71452989~~83004413 1.~~44946204~~40498748 2116.~~51316277~~03071005 0.00000000 3-A2 15,061,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-A3 28,615,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-A4 34,639,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 33,168,000.00 ~~998~~984.~~73621050~~00988754 1.~~19107242~~18881271 0.~~16260914~~15189309 0.00000000 B-1 9,173,000.00 ~~999~~997.~~22354737~~66744795 0.~~77730404~~77935681 0.00000000 0.00000000 B-2 2,905,000.00 ~~999~~997.~~22354561~~66744923 0.~~77730465~~77935628 0.00000000 0.00000000 B-3 1,988,000.00 ~~999~~997.~~22354628~~66744970 0.~~77730382~~77935614 0.00000000 0.00000000 B-4 917,000.00 ~~999~~997.~~22354417~~66744820 0.~~77730643~~77935660 0.00000000 0.00000000 B-5 917,000.00 ~~999~~997.~~22354417~~66744820 0.~~77730643~~77935660 0.00000000 0.00000000 B-6 918,519.00 ~~999~~997.~~22408791~~66799598 0.~~77730564~~77935241 0.00000000 0.00000000 AR 100.00 0.00000000 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 1-A1 0.00000000 023.~~61507205~~14990746 ~~998~~955.~~80542751~~33591566 0.~~99880543~~95533592 023.~~61507205~~14990746 2-A1 0.00000000 91.~~23765929~~10177680 ~~989~~987.~~72071080~~54792816 0.~~98972071~~98754793 91.~~23765929~~10177680 2-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 0.00000000 2217.~~96262481~~43569753 ~~951~~887.~~75190508~~39434660 0.~~95175191~~88739435 2217.~~96262481~~43569753 3-A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-A3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-A4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A1 0.00000000 1.~~35368156~~34070580 ~~997~~982.~~38252925~~66918174 0.~~99738253~~98266918 1.~~35368156~~34070580 B-1 0.00000000 0.~~77730404~~77935681 ~~998~~996.~~44624223~~88809114 0.~~99844624~~99688809 0.~~77730404~~77935681 B-2 0.00000000 0.~~77730465~~77935628 ~~998~~996.~~44624441~~88809294 0.~~99844624~~99688809 0.~~77730465~~77935628 B-3 0.00000000 0.~~77730382~~77935614 ~~998~~996.~~44624245~~88809356 0.~~99844624~~99688809 0.~~77730382~~77935614 B-4 0.00000000 0.~~77730643~~77935660 ~~998~~996.~~44623773~~88809160 0.~~99844624~~99688809 0.~~77730643~~77935660 B-5 0.00000000 0.~~77730643~~77935660 ~~998~~996.~~44623773~~88809160 0.~~99844624~~99688809 0.~~77730643~~77935660 B-6 0.00000000 0.~~77730564~~77935241 ~~998~~996.~~44678227~~88863268 0.~~99844678~~99688863 0.~~77730564~~77935241 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-A1 57,811,000.00 4.~~44806~~45555% 5756,~~777~~567,~~498~~243.4992 ~~214~~210,~~164~~031.8667 0.00 0.00 2-A1 47,383,000.00 4.~~32086~~32385% 4746,~~333~~845,~~644~~188.4597 ~~170~~168,~~435~~792.1882 0.00 0.00 2-AX 0.00 0.30230% 4746,~~333~~845,~~644~~188.4597 11,~~924~~801.1308 0.00 0.00 3-A1 72,291,000.00 4.~~84196~~83075% 7065,~~463~~411,~~088~~068.0872 ~~284~~263,~~316~~320.2263 0.00 0.00 3-A2 15,061,000.00 4.~~84196~~83075% 15,061,000.00 60,~~770~~629.6498 0.00 0.00 3-A3 28,615,000.00 4.~~84196~~83075% 28,615,000.00 115,~~460~~193.5835 0.00 0.00 3-A4 34,639,000.00 4.62550% 34,639,000.00 133,518.91 0.00 0.00 3-AX 0.00 0.~~21646~~20525% 34,639,000.00 65,~~248~~924.3082 0.00 0.00 4-A1 33,168,000.00 4.~~64319~~63354% 3332,~~126~~637,~~082~~639.6395 ~~128~~126,~~175~~023.4915 0.00 0.00 B-1 9,173,000.00 4.~~70447~~69951% 9,~~165~~151,~~877~~603.6050 35,~~933~~840.8201 0.00 0.00 B-2 2,905,000.00 4.~~70447~~69951% 2,~~902~~898,~~744~~223.4094 11,~~379~~350.8918 0.00 0.00 B-3 1,988,000.00 4.~~70447~~69951% 1,~~986~~983,~~456~~362.4189 7,~~787~~767.6835 0.00 0.00 B-4 917,000.00 4.~~70447~~69951% ~~916~~914,~~287~~861.9905 3,~~592~~582.2183 0.00 0.00 B-5 917,000.00 4.~~70447~~69951% ~~916~~914,~~287~~861.9905 3,~~592~~582.2183 0.00 0.00 B-6 918,519.00 4.~~70447~~69951% ~~917~~916,~~806~~377.3101 3,~~598~~588.1677 0.00 0.00 AR 100.00 4.~~44807~~45203% 0.00 0.00 0.00 0.00 Totals 305,786,619.00 1,~~190~~160,~~898~~948.2838 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-A1 590.0900 0.00 ~~214~~210,~~105~~031.7767 0.00 5755,~~741~~228,~~940~~924.5762 2-A1 470.0300 0.00 ~~170~~168,~~388~~792.1582 0.00 46,~~895~~792,~~936~~983.4448 2-AX 30.2900 0.00 11,~~920~~801.8408 0.00 46,~~895~~792,~~936~~983.4448 3-A1 780.4500 0.00 ~~284~~263,~~237~~320.7763 0.00 6864,~~803~~150,~~096~~624.9771 3-A2 160.7700 0.00 60,~~753~~629.8798 0.00 15,061,000.00 3-A3 310.8600 0.00 115,~~428~~193.7235 0.00 28,615,000.00 3-A4 360.8400 0.00 133,~~482~~518.0791 0.00 34,639,000.00 3-AX 10.7200 0.00 65,~~246~~924.5882 0.00 34,639,000.00 4-A1 350.3700 0.00 ~~128~~126,~~140~~023.1315 0.00 3332,~~081~~593,~~183~~171.7342 B-1 90.9200 0.00 35,~~923~~840.9001 0.00 9,~~158~~144,~~747~~454.3846 B-2 30.1400 0.00 11,~~376~~350.7518 0.00 2,~~900~~895,~~486~~959.3491 B-3 20.1500 0.00 7,~~785~~767.5435 0.00 1,~~984~~981,~~911~~813.1353 B-4 0.9900 0.00 3,~~591~~582.2283 0.00 ~~915~~914,~~575~~146.2038 B-5 0.9900 0.00 3,~~591~~582.2283 0.00 ~~915~~914,~~575~~146.2038 B-6 0.9900 0.00 3,~~597~~588.1777 0.00 ~~917~~915,~~092~~661.3415 AR 0.00 0.00 0.00 0.00 0.00 Totals ~~328~~0.6000 0.00 1,~~190~~160,~~569~~948.7038 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-A1 57,811,000.00 4.~~44806~~45555% ~~999~~978.~~42049939~~48582311 3.~~70456937~~63307450 0.00000000 0.00000000 2-A1 47,383,000.00 4.~~32086~~32385% ~~998~~988.~~95837009~~64970496 3.~~59696896~~56230758 0.00000000 0.00000000 2-AX 0.00 0.30230% ~~998~~988.~~95837009~~64970496 0.~~25165418~~24905726 0.00000000 0.00000000 3-A1 72,291,000.00 4.~~84196~~83075% ~~974~~904.~~71452989~~83004413 3.~~93294075~~64250916 0.00000000 0.00000000 3-A2 15,061,000.00 4.~~84196~~83075% 1000.00000000 4.~~03496713~~02562778 0.00000000 0.00000000 3-A3 28,615,000.00 4.~~84196~~83075% 1000.00000000 4.~~03496698~~02562817 0.00000000 0.00000000 3-A4 34,639,000.00 4.62550% 1000.00000000 3.85458327 0.00000000 0.00000000 3-AX 0.00 0.~~21646~~20525% 1000.00000000 0.~~18038338~~17104478 0.00000000 0.00000000 4-A1 33,168,000.00 4.~~64319~~63354% ~~998~~984.~~73621050~~00988754 3.~~86443228~~79954022 0.00000000 0.00000000 B-1 9,173,000.00 4.~~70447~~69951% ~~999~~997.~~22354737~~66744795 3.~~91734656~~90711981 0.00000000 0.00000000 B-2 2,905,000.00 4.~~70447~~69951% ~~999~~997.~~22354561~~66744923 3.~~91734596~~90711876 0.00000000 0.00000000 B-3 1,988,000.00 4.~~70447~~69951% ~~999~~997.~~22354628~~66744970 3.~~91734406~~90711771 0.00000000 0.00000000 B-4 917,000.00 4.~~70447~~69951% ~~999~~997.~~22354417~~66744820 3.~~91735005~~90712105 0.00000000 0.00000000 B-5 917,000.00 4.~~70447~~69951% ~~999~~997.~~22354417~~66744820 3.~~91735005~~90712105 0.00000000 0.00000000 B-6 918,519.00 4.~~70447~~69951% ~~999~~997.~~22408791~~66799598 3.~~91734956~~90712658 0.00000000 0.00000000 AR 100.00 4.~~44807~~45203% 0.00000000 0.00000000 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 1-A1 0.~~00102212~~00000000 0.00000000 3.~~70354725~~63307450 0.00000000 ~~998~~955.~~80542751~~33591566 2-A1 0.~~00099255~~00000000 0.00000000 3.~~59597641~~56230758 0.00000000 ~~989~~987.~~72071080~~54792816 2-AX 0.~~00006943~~00000000 0.00000000 0.~~25158475~~24905726 0.00000000 ~~989~~987.~~72071080~~54792816 3-A1 0.~~00108520~~00000000 0.00000000 3.~~93185556~~64250916 0.00000000 ~~951~~887.~~75190508~~39434660 3-A2 0.~~00111347~~00000000 0.00000000 4.~~03385366~~02562778 0.00000000 1000.00000000 3-A3 0.~~00111340~~00000000 0.00000000 4.~~03385357~~02562817 0.00000000 1000.00000000 3-A4 0.~~00106354~~00000000 0.00000000 3.~~85351973~~85458327 0.00000000 1000.00000000 3-AX 0.~~00004966~~00000000 0.00000000 0.~~18033373~~17104478 0.00000000 1000.00000000 4-A1 0.~~00106639~~00000000 0.00000000 3.~~86336620~~79954022 0.00000000 ~~997~~982.~~38252925~~66918174 B-1 0.~~00108143~~00000000 0.00000000 3.~~91626513~~90711981 0.00000000 ~~998~~996.~~44624223~~88809114 B-2 0.~~00108090~~00000000 0.00000000 3.~~91626506~~90711876 0.00000000 ~~998~~996.~~44624441~~88809294 B-3 0.~~00108149~~00000000 0.00000000 3.~~91626761~~90711771 0.00000000 ~~998~~996.~~44624245~~88809356 B-4 0.~~00107961~~00000000 0.00000000 3.~~91627045~~90712105 0.00000000 ~~998~~996.~~44623773~~88809160 B-5 0.~~00107961~~00000000 0.00000000 3.~~91627045~~90712105 0.00000000 ~~998~~996.~~44623773~~88809160 B-6 0.~~00107782~~00000000 0.00000000 3.~~91627174~~90712658 0.00000000 ~~998~~996.~~44678227~~88863268 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 3,~~434~~899,~~252~~286.3973 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 1233,~~088~~212.3107 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 3,~~446~~932,~~340~~498.7080 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 6463,~~541~~005.9347 Payment of Interest and Principal 3,~~381~~869,~~798~~493.7733 Total Withdrawals (Pool Distribution Amount) 3,~~446~~932,~~340~~498.7080 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall ~~328~~0.6000 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall ~~328~~0.6000

SERVICING FEES Gross Servicing Fee 6463,~~541~~005.9347 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 6463,~~541~~005.9347

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 814 01 0 0 815 25,~~770~~582,~~894~~038.9438 0366,917.0060 0.00 0.00 25,~~770~~948,~~894~~955.9498 60 Days 02 0 0 0 02 0946,351.0066 0.00 0.00 0.00 0946,351.0066 90 Days 01 0 0 0 01 0168,000.00 0.00 0.00 0.00 0168,000.00 120 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 817 01 0 0 818 26,~~770~~696,~~894~~390.9404 0366,917.0060 0.00 0.00 27,~~770~~063,~~894~~307.9464 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 12.~~117318~~005731% 0.~~000000~~143266% 0.000000% 0.000000% 12.~~117318~~148997% 01.~~918095~~898384% 0.~~000000~~124784% 0.000000% 0.000000% 02.~~918095~~023168% 60 Days 0.~~000000~~286533% 0.000000% 0.000000% 0.000000% 0.~~000000~~286533% 0.~~000000~~321843% 0.000000% 0.000000% 0.000000% 0.~~000000~~321843% 90 Days 0.~~000000~~143266% 0.000000% 0.000000% 0.000000% 0.~~000000~~143266% 0.~~000000~~057135% 0.000000% 0.000000% 0.000000% 0.~~000000~~057135% 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 12.~~117318~~435530% 0.~~000000~~143266% 0.000000% 0.000000% 12.~~117318~~578797% 02.~~918095~~277361% 0.~~000000~~124784% 0.000000% 0.000000% 02.~~918095~~402146%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 4 0 0 0 4 1959,~~224,703~~954.23 0.00 0.00 0.00 1959,~~224,703~~954.23 60 Days 02 0 0 0 02 0946,351.0066 0.00 0.00 0.00 0946,351.0066 90 Days 01 0 0 0 01 0168,000.00 0.00 0.00 0.00 0168,000.00 120 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 47 0 0 0 47 12,~~224~~074,~~703~~305.2389 0.00 0.00 0.00 12,~~224~~074,~~703~~305.2389 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.~~564103~~666667% 0.000000% 0.000000% 0.000000% 2.~~564103~~666667% 21.~~003391~~637655% 0.000000% 0.000000% 0.000000% 21.~~003391~~637655% 60 Days 01.~~000000~~333333% 0.000000% 0.000000% 0.000000% 01.~~000000~~333333% 01.~~000000~~614450% 0.000000% 0.000000% 0.000000% 01.~~000000~~614450% 90 Days 0.~~000000~~666667% 0.000000% 0.000000% 0.000000% 0.~~000000~~666667% 0.~~000000~~286603% 0.000000% 0.000000% 0.000000% 0.~~000000~~286603% 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 24.~~564103~~666667% 0.000000% 0.000000% 0.000000% 24.~~564103~~666667% 23.~~003391~~538708% 0.000000% 0.000000% 0.000000% 23.~~003391~~538708% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 21 0 0 0 2 1 373,~~034,500~~409.0041 0.00 0.00 0.00 1373,~~034,500~~409.0041 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 21 0 0 0 2 1 373,~~034,500~~409.0041 0.00 0.00 0.00 1373,~~034,500~~409.0041 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~818182~~909091% 0.000000% 0.000000% 0.000000% 10.~~818182~~909091% 20.~~082140~~753152% 0.000000% 0.000000% 0.000000% 20.~~082140~~753152% 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.~~818182~~909091% 0.000000% 0.000000% 0.000000% 10.~~818182~~909091% 20.~~082140~~753152% 0.000000% 0.000000% 0.000000% 20.~~082140~~753152% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 28 01 0 0 29 ~~511~~3,~~691~~850,225.7138 0366,917.0060 0.00 0.00 ~~511~~4,~~691~~217,142.7198 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 28 01 0 0 29 ~~511~~3,~~691~~850,225.7138 0366,917.0060 0.00 0.00 ~~511~~4,~~691~~217,142.7198 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 02.~~533333~~197802% 0.~~000000~~274725% 0.000000% 0.000000% 02.~~533333~~472527% 02.~~328101~~544791% 0.~~000000~~242513% 0.000000% 0.000000% 02.~~328101~~787304% 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 02.~~533333~~197802% 0.~~000000~~274725% 0.000000% 0.000000% 02.~~533333~~472527% 02.~~328101~~544791% 0.~~000000~~242513% 0.000000% 0.000000% 02.~~328101~~787304% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 01 0 0 0 01 0398,449.0036 0.00 0.00 0.00 0398,449.0036 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 0398,449.0036 0.00 0.00 0.00 0398,449.0036 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~000000~~351351% 0.000000% 0.000000% 0.000000% 01.~~000000~~351351% 01.~~000000~~153383% 0.000000% 0.000000% 0.000000% 01.~~000000~~153383% 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 01.~~000000~~351351% 0.000000% 0.000000% 0.000000% 01.~~000000~~351351% 01.~~000000~~153383% 0.000000% 0.000000% 0.000000% 01.~~000000~~153383%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 1233,~~088~~212.3107

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 150,000.00 0.04905381% 150,000.00 0.~~04972988~~05104699% Fraud 9,173,599.00 3.00000014% 9,173,599.00 3.~~04134629~~12189764% Special Hazard 3,564,856.00 1.16579856% 3,564,856.00 1.~~18186565~~21316787% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.~~958608~~952682% Weighted Average Net Coupon 4.~~707990~~702131% Weighted Average Pass-Through Rate 4.~~703687~~697732% Weighted Average Maturity(Stepdown Calculation ) ~~358~~356 Beginning Scheduled Collateral Loan Count ~~720~~705 Number Of Loans Paid In Full 47 Ending Scheduled Collateral Loan Count ~~716~~698 Beginning Scheduled Collateral Balance ~~303~~296,~~820~~555,~~774~~430.3699 Ending Scheduled Collateral Balance ~~301~~293,~~629~~846,~~545~~886.3003 Ending Actual Collateral Balance at 30-~~Sep~~Nov-2003 ~~301~~294,~~809~~041,~~269~~612.6879 Monthly P &I Constant 1,~~491~~456,~~915~~127.3371 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 ~~301~~293,~~629~~846,~~545~~886.3003 Scheduled Principal ~~236~~232,~~475~~173.1280 Unscheduled Principal 12,~~954~~476,~~753~~371.9416

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.~~698061~~705547 4.~~876660~~879670 5.~~098626~~087468 Weighted Average Net Rate 4.~~448061~~455547 4.~~626660~~629670 4.~~847434~~836397 Weighted Average Maturity ~~358~~356 ~~358~~356 ~~358~~356 Beginning Loan Count ~~156~~153 ~~111~~110 ~~378~~368 Loans Paid In Full 3 0 14 3 Ending Loan Count ~~156~~150 110 ~~375~~364 Beginning Scheduled Balance 6159,~~140~~926,~~504~~645.7460 5049,~~088~~594,~~346~~271.3341 ~~157~~152,~~537~~473,~~993~~635.0032 Ending scheduled Balance 6158,~~103~~586,~~148~~549.1844 49,~~647~~539,~~832~~240.4838 ~~155~~151,~~871~~207,~~832~~009.3760 Record Date 0911/30/2003 0911/30/2003 0911/30/2003 Principal And Interest Constant ~~272~~266,~~067~~686.9018 ~~254~~252,~~571~~643.4335 ~~780~~754,~~308~~170.6729 Scheduled Principal 3231,~~699~~696.7248 5150,~~018~~973.2260 ~~110~~107,~~952~~749.5866 Unscheduled Principal 41,~~656~~308,399.8468 ~~389~~4,~~495~~057.6343 1,~~555~~158,~~208~~876.0506 Scheduled Interest ~~239~~234,~~368~~989.1870 ~~203~~201,~~553~~669.2175 ~~669~~646,~~356~~420.0963 Servicing Fees 12,~~737~~484.6071 10,~~435~~332.0814 3231,~~976~~901.9348 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 0.00 145.9666 ~~718~~717.5801 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 ~~226~~222,~~630~~504.5899 ~~192~~191,~~972~~191.1795 ~~635~~613,~~660~~802.5814 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.~~448061~~455547 4.~~623164~~626146 4.~~841960~~830754

Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.~~900885~~891328 4.~~958608~~952682 Weighted Average Net Rate 4.~~650885~~641328 4.~~707990~~702131 Weighted Average Maturity ~~358~~356 ~~358~~356 Beginning Loan Count 7574 ~~720~~705 Loans Paid In Full 0 47 Ending Loan Count 7574 ~~716~~698 Beginning Scheduled Balance 3534,~~053~~560,~~930~~878.2966 ~~303~~296,~~820~~555,~~774~~430.3699 Ending scheduled Balance 3534,~~006~~514,~~732~~086.2761 ~~301~~293,~~629~~846,~~545~~886.3003 Record Date 0911/30/2003 0911/30/2003 Principal And Interest Constant ~~184~~182,~~967~~627.3389 1,~~491~~456,~~915~~127.3371 Scheduled Principal 41,~~804~~754.6006 ~~236~~232,~~475~~173.1280 Unscheduled Principal 5,~~393~~037.4299 12,~~954~~476,~~753~~371.9416 Scheduled Interest ~~143~~140,~~162~~873.7383 1,~~255~~223,~~440~~953.2191 Servicing Fees 7,~~302~~200.9018 6361,~~452~~918.51 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 224.8733 1,~~089~~087.4100 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest ~~135~~133,~~634~~449.9632 1,~~190~~160,~~898~~948.2940 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.000000 0.000000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 4.~~643187~~633539 4.~~703687~~697732

Miscellaneous Reporting Group Group 1 Senior % 94.~~499545~~394144% Senior Prepayment % 100.000000% Subordinate % 5.~~500455~~605856% Group Group 2 Senior % 94.~~500314~~456855% Senior Prepayment % 100.000000% Subordinate % 5.~~499686~~543145% Group Group 3 Senior % 94.~~439497~~262899% Senior Prepayment % 100.000000% Subordinate % 5.~~560503~~737101%

Miscellaneous Reporting Group Group 4 Senior % 94.~~500338~~435215% Senior Prepayment % 100.000000% Subordinate % 5.~~499662~~564785%

Filing Compare · MORT ASSET SEC TRANS MORT PS THR CERTS SER 2003-3