8-K 1 baa03003_sep.txt SEPTEMBER 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): September 27, 2004 BANC OF AMERICA ALTERNATIVE LOAN TRUST Mortgage Pass-Through Certificates, Series 2003-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-101500-12 54-2105564 Pooling and Servicing Agreement) (Commission 54-2105565 (State or other File Number) IRS EIN 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) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On September 27, 2004 a distribution was made to holders of BANC OF AMERICA ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-3 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-3 Trust, relating to the September 27, 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. BANC OF AMERICA ALTERNATIVE LOAN TRUST Mortgage Pass-Through Certificates, Series 2003-3 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/27/2004 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 September 27, 2004 distribution. EX-99.1

Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Record Date: 78/31/042004 Distribution Date: 89/2527/042004 BAA Series: 2003-3 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 A-1 05948KBS7 SEN 5.50000% ~~165~~160,~~018~~004,~~456~~388.4691 ~~756~~733,~~334~~353.5648 54,~~014~~968,~~067~~506.5591 A-2 05948KBT5 SEN 2.~~00000~~16500% 1514,~~001~~545,~~677~~853.3403 2526,~~002~~243.7914 ~~455~~451,~~824~~682.3143 A-3 05948KBU2 SEN 6.~~50000~~33500% 0.00 8176,~~259~~789.0899 0.00 A-4 05948KBV0 SEN 5.75000% 2,~~574~~586,~~110~~444.4775 12,~~334~~393.2838 (12,~~334~~393.2838) A-5 05948KBW8 SEN 5.75000% 30,000,000.00 143,~~749~~750.9901 0.00 A-PO 05948KCA5 SEN 0.00000% 1,~~050~~009,~~720~~552.3488 0.00 4128,~~167~~507.4604 A-WIO 05948KBZ1 SEN 0.~~36018~~35933% 0.00 4947,~~196~~950.2945 0.00 B-1 05948KCB3 SUB 5.75000% 6,~~665~~657,~~075~~854.1598 31,~~936~~902.8222 7,~~220~~277.1789 B-2 05948KCC1 SUB 5.75000% 2,~~962~~959,~~255~~046.6266 14,~~194~~178.1477 3,~~208~~234.9662 B-3 05948KCD9 SUB 5.75000% 1,~~480~~478,~~143~~539.0260 7,~~092~~084.3567 1,~~603~~616.4223 B-4 05948KCE7 SUB 5.75000% 1,~~481~~479,~~127~~523.8133 7,~~097~~089.0738 1,~~604~~617.4831 B-5 05948KCF4 SUB 5.75000% 1,~~036~~035,~~986~~863.4308 4,~~968~~963.8951 1,~~123~~132.3533 B-6 05948KCG2 SUB 5.75000% 1,~~185~~184,~~545~~261.6032 5,~~680~~674.7459 1,~~284~~294.2855 A-R 05948KBX6 SEN 5.75000% 0.00 0.00 0.00 A-LR 05948KBY4 SEN 5.75000% 0.00 0.00 0.00 SES 05948KCH0 SEN 0.00000% 0.00 4139,~~250~~965.1777 0.00 Totals ~~228~~222,~~456~~941,~~098~~328.2454 1,~~180~~151,~~097~~339.1736 5,~~514~~452,~~769~~475.7093

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~160~~155,~~004~~035,~~388~~882.9101 5,~~770~~701,~~402~~860.1139 0.00 A-2 0.00 14,~~545~~094,~~853~~170.0360 ~~480~~477,~~827~~925.1057 0.00 A-3 0.00 0.00 8176,~~259~~789.0899 0.00 A-4 0.00 2,~~586~~598,~~444~~838.7513 0.00 0.00 A-5 0.00 30,000,000.00 143,~~749~~750.9901 0.00 A-PO 0.00 1981,~~009,552~~045.8885 4128,~~167~~507.4604 0.00 A-WIO 0.00 0.00 4947,~~196~~950.2945 0.00 B-1 0.00 6,~~657~~650,~~854~~577.9809 39,~~156~~180.9911 0.00 B-2 0.00 2,~~959~~955,~~046~~812.6604 17,~~403~~413.1039 0.00 B-3 0.00 1,~~478~~476,~~539~~923.6037 8,~~695~~700.7790 0.00 B-4 0.00 1,~~479~~477,~~523~~906.3302 8,~~701~~706.5569 0.00 B-5 0.00 1,~~035~~034,~~863~~730.0874 6,~~092~~095.2484 0.00 B-6 0.00 1,~~184~~182,~~261~~966.3277 6,~~965~~969.0214 0.00 A-R 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 SES 0.00 0.00 4139,~~250~~965.1777 0.00 Totals 0.00 ~~222~~217,~~941~~488,~~328~~852.5462 6,~~694~~603,~~866~~815.8729 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 231,136,584.00 ~~165~~160,~~018~~004,~~456~~388.4691 ~~211~~208,~~585~~033.4368 4,~~802~~760,~~482~~473.1222 0.00 0.00 A-2 21,012,416.00 1514,~~001~~545,~~677~~853.3403 1918,~~235~~912.0415 ~~436~~432,~~589~~770.2728 0.00 0.00 A-3 0.00 0.00 0.00 0.00 0.00 0.00 A-4 2,396,000.00 2,~~574~~586,~~110~~444.4775 0.00 0.00 (12,~~334~~393.2838) 0.00 A-5 30,000,000.00 30,000,000.00 0.00 0.00 0.00 0.00 A-PO 1,205,932.77 1,~~050~~009,~~720~~552.3488 1,~~315~~277.9135 3927,~~851~~229.5569 0.00 0.00 A-WIO 0.00 0.00 0.00 0.00 0.00 0.00 B-1 6,768,000.00 6,~~665~~657,~~075~~854.1598 7,~~220~~277.1789 0.00 0.00 0.00 B-2 3,008,000.00 2,~~962~~959,~~255~~046.6266 3,~~208~~234.9662 0.00 0.00 0.00 B-3 1,503,000.00 1,~~480~~478,~~143~~539.0260 1,~~603~~616.4223 0.00 0.00 0.00 B-4 1,504,000.00 1,~~481~~479,~~127~~523.8133 1,~~604~~617.4831 0.00 0.00 0.00 B-5 1,053,000.00 1,~~036~~035,~~986~~863.4308 1,~~123~~132.3533 0.00 0.00 0.00 B-6 1,203,853.29 1,~~185~~184,~~545~~261.6032 1,~~284~~294.2855 0.00 0.00 0.00 A-R 50.00 0.00 0.00 0.00 0.00 0.00 A-LR 50.00 0.00 0.00 0.00 0.00 0.00 SES 0.00 0.00 0.00 0.00 0.00 0.00 Totals 300,790,886.06 ~~228~~222,~~456~~941,~~098~~328.2454 ~~248~~244,~~181~~396.0411 5,~~278~~220,~~922~~473.9419 (12,~~334~~393.2838) 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1 54,~~014~~968,~~067~~506.5591 ~~160~~155,~~004~~035,~~388~~882.9101 0.~~69225038~~67075441 54,~~014~~968,~~067~~506.5591 A-2 ~~455~~451,~~824~~682.3143 14,~~545~~094,~~853~~170.0360 0.~~69225038~~67075441 ~~455~~451,~~824~~682.3143 A-3 0.00 0.00 0.00000000 0.00 A-4 (12,~~334~~393.2838) 2,~~586~~598,~~444~~838.7513 1.~~07948445~~08465698 (12,~~334~~393.2838) A-5 0.00 30,000,000.00 1.00000000 0.00 A-PO 4128,~~167~~507.4604 1981,~~009,552~~045.8885 0.~~83715519~~81351620 4128,~~167~~507.4604 A-WIO 0.00 0.00 0.00000000 0.00 B-1 7,~~220~~277.1789 6,~~657~~650,~~854~~577.9809 0.~~98372562~~98265028 7,~~220~~277.1789 B-2 3,~~208~~234.9662 2,~~959~~955,~~046~~812.6604 0.~~98372562~~98265028 3,~~208~~234.9662 B-3 1,~~603~~616.4223 1,~~478~~476,~~539~~923.6037 0.~~98372562~~98265028 1,~~603~~616.4223 B-4 1,~~604~~617.4831 1,~~479~~477,~~523~~906.3302 0.~~98372562~~98265028 1,~~604~~617.4831 B-5 1,~~123~~132.3533 1,~~035~~034,~~863~~730.0874 0.~~98372562~~98265028 1,~~123~~132.3533 B-6 1,~~284~~294.2855 1,~~184~~182,~~261~~966.3277 0.~~98372562~~98265028 1,~~284~~294.2855 A-R 0.00 0.00 0.00000000 0.00 A-LR 0.00 0.00 0.00000000 0.00 SES 0.00 0.00 0.00000000 0.00 Totals 5,~~514~~452,~~769~~475.7093 ~~222~~217,~~941~~488,~~328~~852.5462 0.~~74118379~~72305666 5,~~514~~452,~~769~~475.7093

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 231,136,584.00 ~~713~~692.~~94347707~~25038348 0.~~91541298~~90004653 20.~~77768061~~59593136 0.00000000 A-2 21,012,416.00 ~~713~~692.~~94347704~~25038330 0.~~91541306~~90004643 20.~~77768068~~59593147 0.00000000 A-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-4 2,396,000.00 ~~1074~~1079.~~33659015~~48445326 0.00000000 0.00000000 (5.~~14786311~~17252922) A-5 30,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-PO 1,205,932.77 ~~871~~837.~~29263433~~15519232 1.~~09119682~~05922157 3322.~~04624519~~57977449 0.00000000 A-WIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 6,768,000.00 ~~984~~983.~~79242760~~72561761 1.~~06680999~~07533836 0.00000000 0.00000000 B-2 3,008,000.00 ~~984~~983.~~79242686~~72561835 1.~~06680851~~07533910 0.00000000 0.00000000 B-3 1,503,000.00 ~~984~~983.~~79242848~~72561544 1.~~06681304~~07533599 0.00000000 0.00000000 B-4 1,504,000.00 ~~984~~983.~~79242686~~72561835 1.~~06680851~~07533910 0.00000000 0.00000000 B-5 1,053,000.00 ~~984~~983.~~79243115~~72562203 1.~~06680912~~07533713 0.00000000 0.00000000 B-6 1,203,853.29 ~~984~~983.~~79242433~~72561660 1.~~06680773~~07533867 0.00000000 0.00000000 A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 SES 0.00 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 A-1 0.00000000 21.~~69309360~~49597794 ~~692~~670.~~25038348~~75440559 0.~~69225038~~67075441 21.~~69309360~~49597794 A-2 0.00000000 21.~~69309374~~49597790 ~~692~~670.~~25038330~~75440540 0.~~69225038~~67075441 21.~~69309374~~49597790 A-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-4 0.00000000 (5.~~14786311~~17252922) 1,~~079~~084.~~48445326~~65698247 1.~~07948445~~08465698 (5.~~14786311~~17252922) A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-PO 0.00000000 3423.~~13744201~~63899606 ~~837~~813.~~15519232~~51620456 0.~~83715519~~81351620 3423.~~13744201~~63899606 A-WIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 1.~~06680999~~07533836 ~~983~~982.~~72561761~~65027926 0.~~98372562~~98265028 1.~~06680999~~07533836 B-2 0.00000000 1.~~06680851~~07533910 ~~983~~982.~~72561835~~65027926 0.~~98372562~~98265028 1.~~06680851~~07533910 B-3 0.00000000 1.~~06681304~~07533599 ~~983~~982.~~72561544~~65027944 0.~~98372562~~98265028 1.~~06681304~~07533599 B-4 0.00000000 1.~~06680851~~07533910 ~~983~~982.~~72561835~~65027926 0.~~98372562~~98265028 1.~~06680851~~07533910 B-5 0.00000000 1.~~06680912~~07533713 ~~983~~982.~~72562203~~65027540 0.~~98372562~~98265028 1.~~06680912~~07533713 B-6 0.00000000 1.~~06680773~~07533867 ~~983~~982.~~72561660~~65027793 0.~~98372562~~98265028 1.~~06680773~~07533867 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 SES 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 A-1 231,136,584.00 5.50000% ~~165~~160,~~018~~004,~~456~~388.4691 ~~756~~733,~~334~~353.5945 0.00 0.00 A-2 21,012,416.00 2.~~00000~~16500% 1514,~~001~~545,~~677~~853.3403 2526,~~002~~243.8014 0.00 0.00 A-3 0.00 6.~~50000~~33500% 1514,~~001~~545,~~677~~853.3403 8176,~~259~~789.0998 0.00 0.00 A-4 2,396,000.00 5.75000% 2,~~574~~586,~~110~~444.4775 12,~~334~~393.2838 0.00 0.00 A-5 30,000,000.00 5.75000% 30,000,000.00 143,750.00 0.00 0.00 A-PO 1,205,932.77 0.00000% 1,~~050~~009,~~720~~552.3488 0.00 0.00 0.00 A-WIO 0.00 0.~~36018~~35933% ~~163~~160,~~906~~133,~~472~~504.1317 4947,~~196~~950.2944 0.00 0.00 B-1 6,768,000.00 5.75000% 6,~~665~~657,~~075~~854.1598 31,~~936~~902.8222 0.00 0.00 B-2 3,008,000.00 5.75000% 2,~~962~~959,~~255~~046.6266 14,~~194~~178.1477 0.00 0.00 B-3 1,503,000.00 5.75000% 1,~~480~~478,~~143~~539.0260 7,~~092~~084.3567 0.00 0.00 B-4 1,504,000.00 5.75000% 1,~~481~~479,~~127~~523.8133 7,~~097~~089.0738 0.00 0.00 B-5 1,053,000.00 5.75000% 1,~~036~~035,~~986~~863.4308 4,~~968~~963.8951 0.00 0.00 B-6 1,203,853.29 5.75000% 1,~~185~~184,~~545~~261.6032 5,~~680~~674.7459 0.00 0.00 A-R 50.00 5.75000% 0.00 0.00 0.00 0.00 A-LR 50.00 5.75000% 0.00 0.00 0.00 0.00 SES 0.00 0.00000% ~~228~~222,~~456~~941,~~098~~328.2555 0.00 0.00 0.00 Totals 300,790,886.06 1,~~138~~111,~~847~~373.0653 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1 (0.04) 0.00 ~~756~~733,~~334~~353.5648 0.00 ~~160~~155,~~004~~035,~~388~~882.9101 A-2 0.00 0.00 2526,~~002~~243.7914 0.00 14,~~545~~094,~~853~~170.0360 A-3 0.00 0.00 8176,~~259~~789.0899 0.00 14,~~545~~094,~~853~~170.0360 A-4 0.00 0.00 12,~~334~~393.2838 0.00 2,~~586~~598,~~444~~838.7513 A-5 (0.01) 0.00 143,~~749~~750.9901 0.00 30,000,000.00 A-PO 0.00 0.00 0.00 0.00 1981,~~009,552~~045.8885 A-WIO 0.00 0.00 4947,~~196~~950.2945 0.00 ~~160~~156,~~133~~060,~~504~~488.1770 B-1 0.00 0.00 31,~~936~~902.8222 0.00 6,~~657~~650,~~854~~577.9809 B-2 0.00 0.00 14,~~194~~178.1477 0.00 2,~~959~~955,~~046~~812.6604 B-3 0.00 0.00 7,~~092~~084.3567 0.00 1,~~478~~476,~~539~~923.6037 B-4 0.00 0.00 7,~~097~~089.0738 0.00 1,~~479~~477,~~523~~906.3302 B-5 0.00 0.00 4,~~968~~963.8951 0.00 1,~~035~~034,~~863~~730.0874 B-6 0.00 0.00 5,~~680~~674.7459 0.00 1,~~184~~182,~~261~~966.3277 A-R 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 0.00 SES 0.00 0.00 4139,~~250~~965.1777 0.00 ~~222~~217,~~941~~488,~~328~~852.5563 Totals (0.05) 0.00 1,~~180~~151,~~097~~339.1736 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 A-1 231,136,584.00 5.50000% ~~713~~692.~~94347707~~25038348 3.~~27224093~~17281426 0.00000000 0.00000000 A-2 21,012,416.00 2.~~00000~~16500% ~~713~~692.~~94347704~~25038330 1.~~18990601~~24893492 0.00000000 0.00000000 A-3 0.00 6.~~50000~~33500% ~~713~~692.~~94347704~~25038330 3.~~86719404~~65450503 0.00000000 0.00000000 A-4 2,396,000.00 5.75000% ~~1074~~1079.~~33659015~~48445326 5.~~14786311~~17252922 0.00000000 0.00000000 A-5 30,000,000.00 5.75000% 1000.00000000 4.79166667 0.00000000 0.00000000 A-PO 1,205,932.77 0.00000% ~~871~~837.~~29263433~~15519232 0.00000000 0.00000000 0.00000000 A-WIO 0.00 0.~~36018~~35933% ~~743~~726.~~76104233~~64038476 0.~~22323880~~21758549 0.00000000 0.00000000 B-1 6,768,000.00 5.75000% ~~984~~983.~~79242760~~72561761 4.~~71879728~~71368499 0.00000000 0.00000000 B-2 3,008,000.00 5.75000% ~~984~~983.~~79242686~~72561835 4.~~71879654~~71368684 0.00000000 0.00000000 B-3 1,503,000.00 5.75000% ~~984~~983.~~79242848~~72561544 4.~~71879574~~71368596 0.00000000 0.00000000 B-4 1,504,000.00 5.75000% ~~984~~983.~~79242686~~72561835 4.~~71879654~~71368351 0.00000000 0.00000000 B-5 1,053,000.00 5.75000% ~~984~~983.~~79243115~~72562203 4.~~71879392~~71368471 0.00000000 0.00000000 B-6 1,203,853.29 5.75000% ~~984~~983.~~79242433~~72561660 4.~~71879759~~71368899 0.00000000 0.00000000 A-R 50.00 5.75000% 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 5.75000% 0.00000000 0.00000000 0.00000000 0.00000000 SES 0.00 0.00000% ~~759~~741.~~51802012~~18378875 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 A-1 (0.00000017) 0.00000000 3.~~27224080~~17281439 0.00000000 ~~692~~670.~~25038348~~75440559 A-2 0.00000000 0.00000000 1.~~18990553~~24893492 0.00000000 ~~692~~670.~~25038330~~75440540 A-3 0.00000000 0.00000000 3.~~86719357~~65450551 0.00000000 ~~692~~670.~~25038330~~75440540 A-4 0.00000000 0.00000000 5.~~14786311~~17252922 0.00000000 ~~1079~~1084.~~48445326~~65698247 A-5 (0.00000033) 0.00000000 4.~~79166633~~79166700 0.00000000 1000.00000000 A-PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~837~~813.~~15519232~~51620456 A-WIO 0.00000000 0.00000000 0.~~22323880~~21758553 0.00000000 ~~726~~708.~~64038476~~15819677 B-1 0.00000000 0.00000000 4.~~71879728~~71368499 0.00000000 ~~983~~982.~~72561761~~65027926 B-2 0.00000000 0.00000000 4.~~71879654~~71368684 0.00000000 ~~983~~982.~~72561835~~65027926 B-3 0.00000000 0.00000000 4.~~71879574~~71368596 0.00000000 ~~983~~982.~~72561544~~65027944 B-4 0.00000000 0.00000000 4.~~71879654~~71368351 0.00000000 ~~983~~982.~~72561835~~65027926 B-5 0.00000000 0.00000000 4.~~71879392~~71368471 0.00000000 ~~983~~982.~~72562203~~65027540 B-6 0.00000000 0.00000000 4.~~71879759~~71368899 0.00000000 ~~983~~982.~~72561660~~65027793 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 SES 0.00000000 0.00000000 0.~~13713903~~13286895 0.00000000 ~~741~~723.~~18378875~~05665733 (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 6,~~697~~614,~~351~~497.9189 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~8,461~~0.8100 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 6,~~705~~614,~~813~~497.7289 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 10,~~946~~682.8560 Payment of Interest and Principal 6,~~694~~603,~~866~~815.8729 Total Withdrawals (Pool Distribution Amount) 6,~~705~~614,~~813~~497.7289 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 9,~~519~~289.0022 Trustee Fee 1,~~427~~393.8538 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 10,~~946~~682.8560

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 10 0 0 10 ~~95,857~~0.0100 0.00 0.00 ~~95,857~~0.0100 30 Days 79 01 0 0 710 1,~~201~~367,~~738~~947.4210 095,857.0001 0.00 0.00 1,~~201~~463,~~738~~804.4211 60 Days 10 0 0 0 10 ~~153,587~~0.5300 0.00 0.00 0.00 ~~153,587~~0.5300 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 1 0 0 0 1 66,781.96 0.00 0.00 0.00 66,781.96 Totals 910 1 0 0 1011 1,~~422~~434,~~107~~729.9106 95,857.01 0.00 0.00 1,~~517~~530,~~964~~586.9207 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.~~062735~~000000% 0.000000% 0.000000% 0.~~062735~~000000% 0.~~042957~~000000% 0.000000% 0.000000% 0.~~042957~~000000% 30 Days 0.~~439147~~576184% 0.~~000000~~064020% 0.000000% 0.000000% 0.~~439147~~640205% 0.~~538538~~628395% 0.~~000000~~044034% 0.000000% 0.000000% 0.~~538538~~672429% 60 Days 0.~~062735~~000000% 0.000000% 0.000000% 0.000000% 0.~~062735~~000000% 0.~~068828~~000000% 0.000000% 0.000000% 0.000000% 0.~~068828~~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.~~062735~~064020% 0.000000% 0.000000% 0.000000% 0.~~062735~~064020% 0.~~029927~~030678% 0.000000% 0.000000% 0.000000% 0.~~029927~~030678% Totals 0.~~564617~~640205% 0.~~062735~~064020% 0.000000% 0.000000% 0.~~627353~~704225% 0.~~637293~~659072% 0.~~042957~~044034% 0.000000% 0.000000% 0.~~680250~~703106%

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class B-5 298,534,032.77 99.24969359% ~~220~~215,~~721~~271,~~204~~155.1411 9998.~~00416651~~98031670% 0.~~466748~~477918% 7.001398% Class B-4 297,030,032.77 98.74967844% ~~219~~213,~~241~~793,~~680~~249.8109 98.~~34052853~~30078485% 0.~~666657~~682611% 10.000098% Class B-3 295,527,032.77 98.24999575% ~~217~~212,~~763~~316,~~141~~325.2172 97.~~67733180~~62170482% 0.~~666214~~682157% 9.993449% Class B-2 292,519,032.77 97.24996545% ~~214~~209,~~804~~360,~~094~~513.5568 96.~~35005584~~26264112% 1.~~333314~~365222% 20.000195% Class B-1 285,751,032.77 94.99989728% ~~208~~202,~~146~~709,~~239~~936.5759 93.~~36368493~~20474780% 23.~~999956~~071749% 45.000439% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Fixed 15 & 30 Year Weighted Average Gross Coupon 6.~~239465~~239559% Weighted Average Pass-Through Rate 5.~~981965~~982060% Weighted Average Maturity(Stepdown Calculation ) ~~342~~341 Beginning Scheduled Collateral Loan Count 1,~~624~~594 Number Of Loans Paid In Full 3032 Ending Scheduled Collateral Loan Count 1,~~594~~562 Beginning Scheduled Collateral Balance ~~228~~222,~~456~~941,~~098~~328.2555 Ending Scheduled Collateral Balance ~~222~~217,~~941~~488,~~328~~852.5563 Ending Actual Collateral Balance at 31-~~Jul~~Aug-2004 ~~223~~217,~~148~~689,~~118~~128.3469 Monthly P &I Constant 1,~~435~~403,~~530~~090.4427 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 6,~~525~~448,~~434~~276.6334 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans ~~222~~217,~~941~~488,~~328~~852.5563 Scheduled Principal ~~247~~243,~~660~~877.5620 Unscheduled Principal 5,~~267~~208,~~109~~598.1472

Miscellaneous Reporting Priority % 13.~~192300~~517668% CPR 24.~~437443~~723215% Senior % 93.~~486903~~333497% Senior Prepayment % 100.000000% Subordinate % 6.~~513097~~666503% Subordinate Prepayment % 0.000000%

Filing Compare · BANC OF AMERICA ALTERNATIVE LOAN TRUST 2003-3