8-K 1 mal04001_jul.txt JULY 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): July 26, 2004 MASTR ALTERNATIVE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-1 Trust (Exact name of registrant as specified in its charter) 54-2142332 New York (governing law of 333-106982-13 54-2142333 Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction of Incorporation) c/o Wells Fargo Bank, 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 July 26, 2004 a distribution was made to holders of MASTR ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2004-1 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-1 Trust, relating to the July 26, 2004 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 ALTERNATIVE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-1 Trust By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 7/29/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-1 Trust, relating to the July 26, 2004 distribution. EX-99.1

MASTR Alternative Loan Trust Mortgage Pass-Through Certificates Record Date: 26/2930/~~2004~~04 Distribution Date: 37/2526/~~2004~~04 MAL Series: 2004-1 Contact: Customer Service - CTSLink Wells Fargo Bank, 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 576434LR3 SEN 5.00000% 7268,~~215~~203,~~343~~769.8219 ~~300~~283,~~897~~862.2746 ~~807~~843,~~744~~075.4020 1-A2 576434LS1 SEN 5.00000% 2,~~233~~109,~~402~~336.8493 98,~~305~~779.8501 2426,~~981~~073.1077 2-A1 576434LT9 SEN 7.00000% 3124,~~336~~989,~~027~~671.5029 ~~182~~145,~~793~~608.4998 27941,~~359~~822.2680 3-A1 576434LU6 SEN 7.00000% 3124,~~208~~490,~~159~~948.0271 ~~182~~142,~~047~~703.5904 1,~~154~~306,~~647~~457.0416 4-A1 576434LV4 SEN 5.50000% 7166,~~606~~567,~~434~~371.4956 ~~328~~304,~~196~~757.1600 ~~522~~2,~~031~~046,667.4030 15-PO 576434LW2 PO 0.00000% 1,~~140~~069,~~138~~167.7519 0.00 510,~~597~~281.1183 30-PO 576434LX0 PO 0.00000% 21,~~130~~736,~~135~~051.3334 0.00 5112,~~354~~861.2251 15-AX 576434LY8 IO 5.00000% 0.00 2221,~~587~~547.3463 0.00 30-AX 576434LZ5 IO 6.50000% 0.00 3529,~~123~~698.7135 0.00 B-1 576434MC5 SUB 5.~~77635~~77983% 5,~~982~~935,~~457~~626.8274 28,~~797~~556.3292 11,~~605~~919.6515 B-2 576434MD3 SUB 5.~~77635~~77983% 2,~~595~~575,~~991~~669.4686 12,~~496~~391.1382 5,~~036~~172.0813 B-3 576434ME1 SUB 5.~~77635~~77983% 1,~~128~~119,~~822~~985.1263 5,~~433~~388.7337 2,~~189~~249.8501 B-4 576434MF8 SUB 5.~~77635~~77983% 1,~~579~~567,~~951~~583.7477 7,~~605~~541.3081 3,~~065~~147.0282 B-5 576434MG6 SUB 5.~~77635~~77983% ~~903~~896,~~257~~186.3155 4,~~347~~311.9465 1,~~752~~799.2761 B-6 576434MH4 SUB 5.~~77635~~77983% ~~678~~673,~~771~~457.4295 3,~~267~~240.3508 1,~~316~~352.7835 A-LR 576434MA9 SEN 5.00000% 0.00 0.00 0.00 A-UR 576434MB7 SEN 5.00000% 0.00 0.00 0.00 Totals ~~224~~201,~~738~~934,~~893~~826.6271 1998,~~122,899~~387.1812 25,~~572~~312,~~680~~879.1864

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 7167,~~407~~360,~~599~~693.4199 1,~~108~~126,~~641~~937.6766 0.00 1-A2 0.00 2,~~208~~083,~~421~~263.7416 34,~~286~~852.9578 0.00 2-A1 0.00 3124,~~308~~047,~~668~~848.2449 ~~210~~1,~~152~~087,431.7578 0.00 3-A1 0.00 3023,~~053~~184,~~511~~491.9855 1,~~336~~449,~~694~~160.6320 0.00 4-A1 0.00 7164,~~084~~520,~~403~~704.0926 ~~850~~2,~~227~~351,424.5630 0.00 15-PO 0.00 1,~~134~~058,~~541~~885.6436 510,~~597~~281.1183 0.00 30-PO 0.00 21,~~124~~623,~~781~~189.1184 5112,~~354~~861.2251 0.00 15-AX 0.00 0.00 2221,~~587~~547.3463 0.00 30-AX 0.00 0.00 3529,~~123~~698.7135 0.00 B-1 0.00 5,~~970~~923,~~852~~707.1759 40,~~402~~476.9707 0.00 B-2 0.00 2,~~590~~570,~~955~~497.3774 17,~~532~~563.2195 0.00 B-3 0.00 1,~~126~~117,~~632~~736.2762 7,~~623~~637.5838 0.00 B-4 0.00 1,~~576~~564,~~886~~435.7295 10,~~670~~689.3263 0.00 B-5 0.00 ~~901~~894,~~505~~386.0495 6,~~100~~111.2126 0.00 B-6 0.00 ~~677~~672,~~454~~105.6460 4,~~584~~592.1343 0.00 A-LR 0.00 0.00 0.00 0.00 A-UR 0.00 0.00 0.00 0.00 Totals 0.00 ~~222~~196,~~166~~621,~~213~~947.4210 36,~~695~~311,~~579~~266.3676 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-A1 72,752,000.00 7268,~~215~~203,~~343~~769.8219 ~~273~~269,~~031~~063.4289 ~~534~~574,~~712~~011.9931 0.00 0.00 1-A2 2,250,000.00 2,~~233~~109,~~402~~336.8493 8,~~444~~321.0433 1617,~~537~~752.0644 0.00 0.00 2-A1 31,361,000.00 3124,~~336~~989,~~027~~671.5029 2420,~~359~~154.0429 3921,~~000~~668.2351 0.00 0.00 3-A1 31,602,000.00 3124,~~208~~490,~~159~~948.0271 2419,~~302~~579.2460 1,~~130~~286,~~344~~877.8056 0.00 0.00 4-A1 72,048,000.00 7166,~~606~~567,~~434~~371.4956 7571,~~032~~721.0865 ~~446~~1,~~999~~974,945.3265 0.00 0.00 15-PO 1,144,842.60 1,~~140~~069,~~138~~167.7519 4,~~560~~450.4024 15,~~036~~831.7059 0.00 0.00 30-PO 2,145,915.98 21,~~130~~736,~~135~~051.3334 1,~~684~~759.5399 3111,~~669~~101.6952 0.00 0.00 15-AX 0.00 0.00 0.00 0.00 0.00 0.00 30-AX 0.00 0.00 0.00 0.00 0.00 0.00 B-1 5,994,000.00 5,~~982~~935,~~457~~626.8274 11,~~605~~919.6515 0.00 0.00 0.00 B-2 2,601,000.00 2,~~595~~575,~~991~~669.4686 5,~~036~~172.0813 0.00 0.00 0.00 B-3 1,131,000.00 1,~~128~~119,~~822~~985.1263 2,~~189~~249.8501 0.00 0.00 0.00 B-4 1,583,000.00 1,~~579~~567,~~951~~583.7477 3,~~065~~147.0282 0.00 0.00 0.00 B-5 905,000.00 ~~903~~896,~~257~~186.3155 1,~~752~~799.2761 0.00 0.00 0.00 B-6 680,081.00 ~~678~~673,~~771~~457.4295 1,~~316~~352.7835 0.00 0.00 0.00 A-LR 50.00 0.00 0.00 0.00 0.00 0.00 A-UR 50.00 0.00 0.00 0.00 0.00 0.00 Totals 226,197,939.58 ~~224~~201,~~738~~934,~~893~~826.6271 ~~436~~420,~~379~~691.4006 24,~~136~~892,~~300~~188.7958 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 ~~807~~843,~~744~~075.4020 7167,~~407~~360,~~599~~693.4199 0.~~98152077~~92589474 ~~807~~843,~~744~~075.4020 1-A2 2426,~~981~~073.1077 2,~~208~~083,~~421~~263.7416 0.~~98152077~~92589474 2426,~~981~~073.1077 2-A1 27941,~~359~~822.2680 3124,~~308~~047,~~668~~848.2449 0.~~99833131~~76680745 27941,~~359~~822.2680 3-A1 1,~~154~~306,~~647~~457.0416 3023,~~053~~184,~~511~~491.9855 0.~~95100032~~73364001 1,~~154~~306,~~647~~457.0416 4-A1 ~~522~~2,~~031~~046,667.4030 7164,~~084~~520,~~403~~704.0926 0.~~98662563~~89552388 ~~522~~2,~~031~~046,667.4030 15-PO 510,~~597~~281.1183 1,~~134~~058,~~541~~885.6436 0.~~99100229~~92491785 510,~~597~~281.1183 30-PO 5112,~~354~~861.2251 21,~~124~~623,~~781~~189.1184 0.~~99015112~~75640885 5112,~~354~~861.2251 15-AX 0.00 0.00 0.00000000 0.00 30-AX 0.00 0.00 0.00000000 0.00 B-1 11,~~605~~919.6515 5,~~970~~923,~~852~~707.1759 0.~~99613817~~98827287 11,~~605~~919.6515 B-2 5,~~036~~172.0813 2,~~590~~570,~~955~~497.3774 0.~~99613817~~98827287 5,~~036~~172.0813 B-3 2,~~189~~249.8501 1,~~126~~117,~~632~~736.2762 0.~~99613817~~98827287 2,~~189~~249.8501 B-4 3,~~065~~147.0282 1,~~576~~564,~~886~~435.7295 0.~~99613817~~98827287 3,~~065~~147.0282 B-5 1,~~752~~799.2761 ~~901~~894,~~505~~386.0495 0.~~99613817~~98827287 1,~~752~~799.2761 B-6 1,~~316~~352.7835 ~~677~~672,~~454~~105.6460 0.~~99613817~~98827287 1,~~316~~352.7835 A-LR 0.00 0.00 0.00000000 0.00 A-UR 0.00 0.00 0.00000000 0.00 Totals 25,~~572~~312,~~680~~879.1864 ~~222~~196,~~166~~621,~~213~~947.4210 0.~~98217611~~86924729 25,~~572~~312,~~680~~879.1864

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 72,752,000.00 ~~992~~937.~~62348554~~48308211 3.~~75290604~~69837104 7.~~34980468~~88997292 0.00000000 1-A2 2,250,000.00 ~~992~~937.~~62348444~~48308000 3.~~75290667~~69836889 7.~~34980444~~88997333 0.00000000 2-A1 31,361,000.00 ~~999~~796.~~20370843~~83910877 0.~~77673033~~64265457 029.~~09566755~~38900258 0.00000000 3-A1 31,602,000.00 ~~987~~774.~~53746662~~98097304 0.~~76900956~~61956838 3540.~~76814126~~72139611 0.00000000 4-A1 72,048,000.00 ~~993~~923.~~87123154~~93087331 10.~~04141794~~99547038 627.~~20418776~~41152634 0.00000000 15-PO 1,144,842.60 ~~995~~933.~~89126925~~89885212 3.~~98342969~~88720685 05.~~90553933~~09379193 0.00000000 30-PO 2,145,915.98 ~~992~~809.~~64619391~~00247548 0.~~78499346~~82015793 151.~~71008093~~77347158 0.00000000 15-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 30-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 5,994,000.00 ~~998~~990.~~07437771~~26138472 1.~~93621121~~98851351 0.00000000 0.00000000 B-2 2,601,000.00 ~~998~~990.~~07437908~~26138408 1.~~93620915~~98851596 0.00000000 0.00000000 B-3 1,131,000.00 ~~998~~990.~~07437666~~26138815 1.~~93620690~~98851459 0.00000000 0.00000000 B-4 1,583,000.00 ~~998~~990.~~07437776~~26138345 1.~~93620973~~98851548 0.00000000 0.00000000 B-5 905,000.00 ~~998~~990.~~07437569~~26138122 1.~~93620994~~98851934 0.00000000 0.00000000 B-6 680,081.00 ~~998~~990.~~07437643~~26138063 1.~~93621054~~98851313 0.00000000 0.00000000 A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 50.00 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 11.~~10271058~~58834396 ~~981~~925.~~52077482~~89473815 0.~~98152077~~92589474 11.~~10271058~~58834396 1-A2 0.00000000 11.~~10271111~~58834222 ~~981~~925.~~52077333~~89473778 0.~~98152077~~92589474 11.~~10271111~~58834222 2-A1 0.00000000 030.~~87239756~~03165715 ~~998~~766.~~33131086~~80745161 0.~~99833131~~76680745 030.~~87239756~~03165715 3-A1 0.00000000 3641.~~53715081~~34096450 ~~951~~733.~~00031580~~64000854 0.~~95100032~~73364001 3641.~~53715081~~34096450 4-A1 0.00000000 728.~~24560571~~40699672 ~~986~~895.~~62562583~~52387658 0.~~98662563~~89552388 728.~~24560571~~40699672 15-PO 0.00000000 48.~~88897775~~98099879 ~~991~~924.~~00229149~~91785334 0.~~99100229~~92491785 48.~~88897775~~98099879 30-PO 0.00000000 252.~~49507439~~59362950 ~~990~~756.~~15111952~~40885064 0.~~99015112~~75640885 252.~~49507439~~59362950 15-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 30-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 1.~~93621121~~98851351 ~~996~~988.~~13816650~~27287120 0.~~99613817~~98827287 1.~~93621121~~98851351 B-2 0.00000000 1.~~93620915~~98851596 ~~996~~988.~~13816609~~27287197 0.~~99613817~~98827287 1.~~93620915~~98851596 B-3 0.00000000 1.~~93620690~~98851459 ~~996~~988.~~13816976~~27287356 0.~~99613817~~98827287 1.~~93620690~~98851459 B-4 0.00000000 1.~~93620973~~98851548 ~~996~~988.~~13816804~~27286797 0.~~99613817~~98827287 1.~~93620973~~98851548 B-5 0.00000000 1.~~93620994~~98851934 ~~996~~988.~~13816575~~27287293 0.~~99613817~~98827287 1.~~93620994~~98851934 B-6 0.00000000 1.~~93621054~~98851313 ~~996~~988.~~13816589~~27286750 0.~~99613817~~98827287 1.~~93621054~~98851313 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 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 72,752,000.00 5.00000% 7268,~~215~~203,~~343~~769.8219 ~~300~~284,~~897~~182.2737 0.00 0.00 1-A2 2,250,000.00 5.00000% 2,~~233~~109,~~402~~336.8493 98,~~305~~788.8590 0.00 0.00 2-A1 31,361,000.00 7.00000% 3124,~~336~~989,~~027~~671.5029 ~~182~~145,~~793~~773.4908 0.00 0.00 3-A1 31,602,000.00 7.00000% 3124,~~208~~490,~~159~~948.0271 ~~182~~142,~~047~~863.5987 0.00 0.00 4-A1 72,048,000.00 5.50000% 7166,~~606~~567,~~434~~371.4956 ~~328~~305,~~196~~100.1645 0.00 0.00 15-PO 1,144,842.60 0.00000% 1,~~140~~069,~~138~~167.7519 0.00 0.00 0.00 30-PO 2,145,915.98 0.00000% 21,~~130~~736,~~135~~051.3334 0.00 0.00 0.00 15-AX 0.00 5.00000% 5,~~420~~177,~~962~~259.5200 2221,~~587~~571.3491 0.00 0.00 30-AX 0.00 6.50000% 65,~~484~~488,~~377~~951.0438 3529,~~123~~731.7182 0.00 0.00 B-1 5,994,000.00 5.~~77635~~77983% 5,~~982~~935,~~457~~626.8274 28,~~797~~589.3210 0.00 0.00 B-2 2,601,000.00 5.~~77635~~77983% 2,~~595~~575,~~991~~669.4686 12,~~496~~405.1378 0.00 0.00 B-3 1,131,000.00 5.~~77635~~77983% 1,~~128~~119,~~822~~985.1263 5,~~433~~394.7344 0.00 0.00 B-4 1,583,000.00 5.~~77635~~77983% 1,~~579~~567,~~951~~583.7477 7,~~605~~550.3031 0.00 0.00 B-5 905,000.00 5.~~77635~~77983% ~~903~~896,~~257~~186.3155 4,~~347~~316.9451 0.00 0.00 B-6 680,081.00 5.~~77635~~77983% ~~678~~673,~~771~~457.4295 3,~~267~~243.3573 0.00 0.00 A-LR 50.00 5.00000% 0.00 0.00 0.00 0.00 A-UR 50.00 5.00000% 0.00 0.00 0.00 0.00 Totals 226,197,939.58 1999,~~122,899~~512.1827 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 0319.0091 0.00 ~~300~~283,~~897~~862.2746 0.00 7167,~~407~~360,~~599~~693.4199 1-A2 09.0089 0.00 98,~~305~~779.8501 0.00 2,~~208~~083,~~421~~263.7416 2-A1 0164.0010 0.00 ~~182~~145,~~793~~608.4998 0.00 3124,~~308~~047,~~668~~848.2449 3-A1 0160.0082 0.00 ~~182~~142,~~047~~703.5904 0.00 3023,~~053~~184,~~511~~491.9855 4-A1 0343.0045 0.00 ~~328~~304,~~196~~757.1600 0.00 7164,~~084~~520,~~403~~704.0926 15-PO 0.00 0.00 0.00 0.00 1,~~134~~058,~~541~~885.6436 30-PO 0.00 0.00 0.00 0.00 21,~~124~~623,~~781~~189.1184 15-AX 024.0028 0.00 2221,~~587~~547.3463 0.00 5,~~358~~091,~~918~~610.6309 30-AX 033.0047 0.00 3529,~~123~~698.7135 0.00 65,~~386~~324,~~127~~778.8097 B-1 032.0018 0.00 28,~~797~~556.3292 0.00 5,~~970~~923,~~852~~707.1759 B-2 013.0097 0.00 12,~~496~~391.1382 0.00 2,~~590~~570,~~955~~497.3774 B-3 06.0007 0.00 5,~~433~~388.7337 0.00 1,~~126~~117,~~632~~736.2762 B-4 08.0050 0.00 7,~~605~~541.3081 0.00 1,~~576~~564,~~886~~435.7295 B-5 04.0086 0.00 4,~~347~~311.9465 0.00 ~~901~~894,~~505~~386.0495 B-6 03.0065 0.00 3,~~267~~240.3508 0.00 ~~677~~672,~~454~~105.6460 A-LR 0.00 0.00 0.00 0.00 0.00 A-UR 0.00 0.00 0.00 0.00 0.00 Totals 01,125.0015 0.00 1998,~~122,899~~387.1812 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 72,752,000.00 5.00000% ~~992~~937.~~62348554~~48308211 43.~~13593125~~90617949 0.00000000 0.00000000 1-A2 2,250,000.00 5.00000% ~~992~~937.~~62348444~~48308000 43.~~13593333~~90617778 0.00000000 0.00000000 2-A1 31,361,000.00 7.00000% ~~999~~796.~~20370843~~83910877 54.~~82868818~~64822805 0.00000000 0.00000000 3-A1 31,602,000.00 7.00000% ~~987~~774.~~53746662~~98097304 54.~~76063509~~52072242 0.00000000 0.00000000 4-A1 72,048,000.00 5.50000% ~~993~~923.~~87123154~~93087331 4.~~55524317~~23468313 0.00000000 0.00000000 15-PO 1,144,842.60 0.00000% ~~995~~933.~~89126925~~89885212 0.00000000 0.00000000 0.00000000 30-PO 2,145,915.98 0.00000% ~~992~~809.~~64619391~~00247548 0.00000000 0.00000000 0.00000000 15-AX 0.00 5.00000% ~~992~~948.~~67630187~~04977879 43.~~13615056~~95020695 0.00000000 0.00000000 30-AX 0.00 6.50000% ~~987~~835.~~42331267~~84259849 54.~~34854310~~52748075 0.00000000 0.00000000 B-1 5,994,000.00 5.~~77635~~77983% ~~998~~990.~~07437771~~26138472 4.~~80435769~~76961962 0.00000000 0.00000000 B-2 2,601,000.00 5.~~77635~~77983% ~~998~~990.~~07437908~~26138408 4.~~80435602~~76961938 0.00000000 0.00000000 B-3 1,131,000.00 5.~~77635~~77983% ~~998~~990.~~07437666~~26138815 4.~~80435897~~76961981 0.00000000 0.00000000 B-4 1,583,000.00 5.~~77635~~77983% ~~998~~990.~~07437776~~26138345 4.~~80435881~~76962097 0.00000000 0.00000000 B-5 905,000.00 5.~~77635~~77983% ~~998~~990.~~07437569~~26138122 4.~~80435359~~76962431 0.00000000 0.00000000 B-6 680,081.00 5.~~77635~~77983% ~~998~~990.~~07437643~~26138063 4.~~80435419~~76962303 0.00000000 0.00000000 A-LR 50.00 5.00000% 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 50.00 5.00000% 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.~~00000000~~00439727 0.00000000 43.~~13593125~~90178222 0.00000000 ~~981~~925.~~52077482~~89473815 1-A2 0.~~00000000~~00439556 0.00000000 43.~~13593333~~90178222 0.00000000 ~~981~~925.~~52077333~~89473778 2-A1 0.~~00000000~~00523261 0.00000000 54.~~82868818~~64299544 0.00000000 ~~998~~766.~~33131086~~80745161 3-A1 0.~~00000000~~00508892 0.00000000 54.~~76063509~~51563319 0.00000000 ~~951~~733.~~00031580~~64000854 4-A1 0.~~00000000~~00476696 0.00000000 4.~~55524317~~22991617 0.00000000 ~~986~~895.~~62562583~~52387658 15-PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~991~~924.~~00229149~~91785334 30-PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~990~~756.~~15111952~~40885064 15-AX 0.~~00000000~~00444611 0.00000000 43.~~13615056~~94576085 0.00000000 ~~981~~932.~~31494324~~36591399 30-AX 0.~~00000000~~00509672 0.00000000 54.~~34854310~~52238402 0.00000000 ~~972~~810.~~46218542~~84287008 B-1 0.~~00000000~~00536870 0.00000000 4.~~80435769~~76425092 0.00000000 ~~996~~988.~~13816650~~27287120 B-2 0.~~00000000~~00537101 0.00000000 4.~~80435602~~76425221 0.00000000 ~~996~~988.~~13816609~~27287197 B-3 0.~~00000000~~00536693 0.00000000 4.~~80435897~~76425287 0.00000000 ~~996~~988.~~13816976~~27287356 B-4 0.~~00000000~~00536955 0.00000000 4.~~80435881~~76425142 0.00000000 ~~996~~988.~~13816804~~27286797 B-5 0.~~00000000~~00537017 0.00000000 4.~~80435359~~76425414 0.00000000 ~~996~~988.~~13816575~~27287293 B-6 0.~~00000000~~00536701 0.00000000 4.~~80435419~~76425602 0.00000000 ~~996~~988.~~13816589~~27286750 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage PO-2 0.00000% 0.00 0.00 1921,~~256,176~~114.9760 1844,~~254,929~~203.2012 9967.~~80573368~~14029108% PO-3 0.00000% 0.00 0.00 ~~326~~270,~~512~~015.6420 ~~322~~247,~~654~~717.7791 9472.~~77636194~~76446679% PO-4 0.00000% 0.00 0.00 ~~547~~544,~~445~~921.7255 ~~547~~531,~~197~~268.1481 9996.~~83416167~~92809482% 30-AX-1 6.50000% 1,~~845~~437,~~469~~980.3366 1,~~844~~434,~~147~~943.3751 0.00 0.00 9977.~~86219360~~70344656% 30-AX-2 6.50000% 1968,~~116,090~~946.0781 1911,~~098,378~~361.0224 0.00 0.00 9881.~~33871660~~59494552% 30-AX-3 6.50000% 3,~~522~~082,~~817~~023.6490 32,~~443~~978,~~602~~474.4123 0.00 0.00 9582.~~56690297~~65865911%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 36,~~676~~314,~~820~~604.8889 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 6740,~~986~~577.0788 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 36,~~744~~355,~~806~~182.9577 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 4943,~~227~~916.5901 Payment of Interest and Principal 36,~~695~~311,~~579~~266.3676 Total Withdrawals (Pool Distribution Amount) 36,~~744~~355,~~806~~182.9577 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 01,125.0015 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 01,125.0015

SERVICING FEES Gross Servicing Fee 4943,~~196~~890.6248 Master Servicing Fee 3025.9753 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 4943,~~227~~916.5901

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 2923 0 0 0 2923 94,~~156~~155,~~637~~584.0617 0.00 0.00 0.00 94,~~156~~155,~~637~~584.0617 60 Days 52 0 0 0 52 1661,~~309,284~~911.2991 0.00 0.00 0.00 1661,~~309,284~~911.2991 90 Days 01 0 0 0 01 0510,614.0078 0.00 0.00 0.00 0510,614.0078 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 01 0 01 0.00 0.00 0422,708.0090 0.00 0422,708.0090 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 3426 0 01 0 3427 105,~~465~~328,~~921~~110.3586 0.00 0422,708.0090 0.00 105,~~465~~750,~~921~~819.3576 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.~~480753~~117864% 0.000000% 0.000000% 0.000000% 2.~~480753~~117864% 42.~~114586~~109717% 0.000000% 0.000000% 0.000000% 42.~~114586~~109717% 60 Days 0.~~427716~~184162% 0.000000% 0.000000% 0.000000% 0.~~427716~~184162% 0.~~588334~~336041% 0.000000% 0.000000% 0.000000% 0.~~588334~~336041% 90 Days 0.~~000000~~092081% 0.000000% 0.000000% 0.000000% 0.~~000000~~092081% 0.~~000000~~259230% 0.000000% 0.000000% 0.000000% 0.~~000000~~259230% 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~~092081% 0.000000% 0.~~000000~~092081% 0.000000% 0.000000% 0.~~000000~~214602% 0.000000% 0.~~000000~~214602% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.~~908469~~394107% 0.000000% 0.~~000000~~092081% 0.000000% 2.~~908469~~486188% 42.~~702921~~704988% 0.000000% 0.~~000000~~214602% 0.000000% 42.~~702921~~919590%

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 612 0 0 0 612 ~~694~~1,~~262~~047,448.4469 0.00 0.00 0.00 ~~694~~1,~~262~~047,448.4469 60 Days 10 0 0 0 10 ~~100,629~~0.9600 0.00 0.00 0.00 ~~100,629~~0.9600 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 712 0 0 0 712 ~~794~~1,~~892~~047,448.4069 0.00 0.00 0.00 ~~794~~1,~~892~~047,448.4069 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~865801~~791045% 0.000000% 0.000000% 0.000000% 01.~~865801~~791045% 01.~~872563~~392084% 0.000000% 0.000000% 0.000000% 01.~~872563~~392084% 60 Days 0.~~144300~~000000% 0.000000% 0.000000% 0.000000% 0.~~144300~~000000% 0.~~126474~~000000% 0.000000% 0.000000% 0.000000% 0.~~126474~~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 1.~~010101~~791045% 0.000000% 0.000000% 0.000000% 1.~~010101~~791045% 01.~~999037~~392084% 0.000000% 0.000000% 0.000000% 01.~~999037~~392084% 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 98 0 0 0 98 21,~~827~~829,~~031~~266.9610 0.00 0.00 0.00 21,~~827~~829,~~031~~266.9610 60 Days 42 0 0 0 42 1661,~~208,654~~911.3391 0.00 0.00 0.00 1661,~~208,654~~911.3391 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 01 0 01 0.00 0.00 0422,708.0090 0.00 0422,708.0090 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1310 0 01 0 1311 42,~~035~~491,~~686~~178.2901 0.00 0422,708.0090 0.00 42,~~035~~913,~~686~~886.2991 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 67.~~716418~~407407% 0.000000% 0.000000% 0.000000% 67.~~716418~~407407% 86.~~179911~~806018% 0.000000% 0.000000% 0.000000% 86.~~179911~~806018% 60 Days 21.~~985075~~851852% 0.000000% 0.000000% 0.000000% 21.~~985075~~851852% 32.~~497196~~462728% 0.000000% 0.000000% 0.000000% 32.~~497196~~462728% 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~~925926% 0.000000% 0.~~000000~~925926% 0.000000% 0.000000% 01.~~000000~~572742% 0.000000% 01.~~000000~~572742% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 9.~~701493~~259259% 0.000000% 0.~~000000~~925926% 0.000000% 910.~~701493~~185185% 119.~~677107~~268746% 0.000000% 01.~~000000~~572742% 0.000000% 1110.~~677107~~841489% 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 62 0 0 0 6 2 947,~~085,161~~266.3104 0.00 0.00 0.00 2947,~~085,161~~266.3104 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 01 0 0 0 01 0510,614.0078 0.00 0.00 0.00 0510,614.0078 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 63 0 0 0 63 21,~~085~~457,~~161~~880.3182 0.00 0.00 0.00 21,~~085~~457,~~161~~880.3182 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 41.~~918033~~960784% 0.000000% 0.000000% 0.000000% 41.~~918033~~960784% 63.~~450163~~733478% 0.000000% 0.000000% 0.000000% 63.~~450163~~733478% 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~~980392% 0.000000% 0.000000% 0.000000% 0.~~000000~~980392% 02.~~000000~~012496% 0.000000% 0.000000% 0.000000% 02.~~000000~~012496% 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 42.~~918033~~941176% 0.000000% 0.000000% 0.000000% 42.~~918033~~941176% 65.~~450163~~745974% 0.000000% 0.000000% 0.000000% 65.~~450163~~745974% 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 81 0 0 0 81 3331,~~550,181~~603.3534 0.00 0.00 0.00 3331,~~550,181~~603.3534 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 81 0 0 0 81 3331,~~550,181~~603.3534 0.00 0.00 0.00 3331,~~550,181~~603.3534 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 30.~~636364~~485437% 0.000000% 0.000000% 0.000000% 30.~~636364~~485437% 40.~~665943~~477258% 0.000000% 0.000000% 0.000000% 40.~~665943~~477258% 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 30.~~636364~~485437% 0.000000% 0.000000% 0.000000% 30.~~636364~~485437% 40.~~665943~~477258% 0.000000% 0.000000% 0.000000% 40.~~665943~~477258%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 6740,~~986~~577.0788

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 143,911.00 0.06362171% 143,911.00 0.~~06477628~~07319173% Fraud 4,523,959.00 2.00000009% 4,523,959.00 2.~~03629478~~30084132% Special Hazard 3,542,398.00 1.56606113% 3,542,398.00 1.~~59448097~~80162899% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.~~258606~~200584% Weighted Average Pass-Through Rate 5.~~995754~~939613% Weighted Average Maturity(Stepdown Calculation ) ~~291~~287 Beginning Scheduled Collateral Loan Count 1,~~177~~105 Number Of Loans Paid In Full 819 Ending Scheduled Collateral Loan Count 1,~~169~~086 Beginning Scheduled Collateral Balance ~~224~~201,~~738~~934,~~893~~826.6173 Ending Scheduled Collateral Balance ~~222~~196,~~166~~621,~~213~~947.4210 Ending Actual Collateral Balance at 2930-~~Feb~~Jun-2004 ~~222~~196,~~540~~973,~~890~~532.2331 Monthly P &I Constant 1,~~608~~464,~~909~~119.8824 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Non-PO Optimal Amount 35,~~592~~989,~~360~~247.4112 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans ~~222~~196,~~166~~621,~~213~~947.4210 Scheduled Principal ~~436~~420,~~783~~691.0705 Unscheduled Principal 24,~~135~~892,~~897~~188.1258

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Fixed 15 Year Fixed 30 Year Fixed 30 Year Weighted Average Coupon Rate 5.~~516970~~520632 7.~~409112~~413034 7.~~403598~~421586 Weighted Average Net Rate 5.~~266970~~270631 7.~~159114~~163033 7.~~153599~~171585 Weighted Average Maturity ~~175~~171 ~~357~~353 ~~356~~352 Beginning Loan Count ~~696~~676 ~~134~~111 ~~125~~107 Loans Paid In Full 36 0 3 5 Ending Loan Count ~~693~~670 ~~134~~108 ~~122~~102 Beginning Scheduled Balance 8075,~~174~~898,~~731~~153.0726 3427,~~562~~875,~~637~~023.1283 3326,~~463~~684,~~812~~042.48 Ending scheduled Balance 7975,~~319~~000,~~070~~907.3231 3426,~~532~~854,~~498~~705.3738 3225,~~303~~353,~~805~~750.3260 Record Date 0206/2930/2004 0206/2930/2004 0206/2930/2004 Principal And Interest Constant ~~671~~648,~~975~~822.3106 ~~240~~194,~~453~~804.5834 ~~232~~186,~~536~~380.8533 Scheduled Principal ~~303~~299,~~374~~650.0061 2722,~~054~~605.8660 2621,~~076~~348.3374 Unscheduled Principal ~~552~~597,~~286~~595.7534 3997,~~083~~712.8985 1,~~133~~308,~~930~~943.8314 Scheduled Interest ~~368~~349,~~601~~171.3145 ~~213~~172,~~398~~198.7274 ~~206~~165,~~460~~031.5259 Servicing Fees 1615,~~703~~812.0712 75,~~200~~807.5131 65,~~971~~559.6219 Master Servicing Fees 0.00 2520.9250 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 1,~~888~~350.3173 142.5513 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 ~~351~~333,~~898~~359.2433 ~~204~~165,~~283~~020.9820 ~~199~~159,~~346~~330.3527 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.~~266970~~270632 7.~~092652~~104004 7.~~148487~~165194

Group Level Collateral Statement Group Group 4 Total Collateral Description Fixed 30 Year Mixed Fixed Weighted Average Coupon Rate 65.~~015329~~993929 6.~~258606~~200584 Weighted Average Net Rate 5.~~765329~~743929 65.~~008606~~950584 Weighted Average Maturity ~~353~~349 ~~291~~287 Beginning Loan Count ~~222~~211 1,~~177~~105 Loans Paid In Full 25 819 Ending Loan Count ~~220~~206 1,~~169~~086 Beginning Scheduled Balance 7671,~~537~~477,~~712~~607.9416 ~~224~~201,~~738~~934,~~893~~826.6173 Ending scheduled Balance 7669,~~010~~412,~~839~~583.4181 ~~222~~196,~~166~~621,~~213~~947.4210 Record Date 0206/2930/2004 0206/2930/2004 Principal And Interest Constant ~~463~~434,~~944~~112.1451 1,~~608~~464,~~909~~119.8824 Scheduled Principal 8077,~~277~~086.8810 ~~436~~420,~~783~~691.0705 Unscheduled Principal ~~446~~1,~~595~~987,937.6525 24,~~135~~892,~~897~~188.1258 Scheduled Interest ~~383~~357,~~666~~026.2641 1,~~172~~043,~~126~~428.8119 Servicing Fees 1514,~~945~~891.3618 4642,~~820~~069.5680 Master Servicing Fees 5.0503 3025.9753 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee ~~345~~327.1876 21,~~376~~820.0462 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 ~~367~~341,~~370~~802.6744 1999,~~122,899~~512.24 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.~~759838~~738342 5.~~995754~~939613

Miscellaneous Reporting Group Group 1 Subordinate % 56.~~802327~~034934% Senior Prepayment % 100.000000% Senior % 9493.~~197673~~965066% Group Group 2 Subordinate % 57.~~916068~~287396% Senior Prepayment % 100.000000% Senior % 9492.~~083932~~712604% Group Group 3 Subordinate % 57.~~821660~~280520% Senior Prepayment % 100.000000% Senior % 9492.~~178340~~719480%

Miscellaneous Reporting Group Group 4 Subordinate % 56.~~768940~~154164% Senior Prepayment % 100.000000% Senior % 9493.~~231060~~845836%

Filing Compare · MORTGAGE ASSET SEC TRANS INC MORT PS THR CERTS 2004-1