8-K 1 baf04001_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 FUNDING CORPORATION Mortgage Pass-Through Certificates, Series 2004-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-109285-01 54-6612482 Pooling and Servicing Agreement) (Commission 54-2151908 (State or other File Number) 54-2151909 jurisdiction IRS EIN 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 FUNDING CORPORATION, Mortgage Pass-Through Certificates, Series 2004-1 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 2004-1 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 FUNDING CORPORATION Mortgage Pass-Through Certificates, Series 2004-1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/28/2004 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 September 27, 2004 distribution. EX-99.1

Banc of America Funding Corporation Mortgage Pass-Through Certificates Record Date: 78/31/042004 Distribution Date: 89/2527/042004 BAF 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 1A1 05946XFS7 SEN 6.00000% 22,~~461~~344,~~517~~903.5450 ~~112~~111,~~307~~724.5952 ~~116~~139,~~614~~032.0478 1AR 05946XFT5 SEN 6.00000% 0.00 0.00 0.00 1ALR 05946XFU2 SEN 6.00000% 0.00 0.00 0.00 2A1 05946XFV0 SEN 6.00000% 5352,~~569~~439,~~365~~194.6274 ~~267~~262,~~846~~195.8397 1776,~~130,170~~810.8874 3A1 05946XFW8 SEN 6.00000% ~~115~~113,~~147~~930,~~162~~558.6832 ~~575~~569,~~735~~652.8179 1,~~216~~419,~~604~~412.3697 4A1 05946XFX6 SEN 6.00000% ~~135~~133,~~883~~194,~~652~~716.7156 ~~679~~665,~~418~~973.2658 2,~~688~~006,~~936~~617.1592 5A1 05946XFZ1 SEN 6.00000% 3938,~~388~~422,~~987~~527.0649 ~~196~~192,~~944~~112.9464 ~~966~~37,~~459~~013.5721 6A1 05946XGA5 SEN 6.00000% 17,~~844~~341,~~780~~114.4571 8986,~~223~~705.9057 ~~503~~20,~~665~~245.7347 7A1 05946XGB3 SEN 6.00000% 58,~~149~~086,~~451~~767.2002 290,~~747~~433.2684 621,~~684~~807,517.1835 8A1 05946XGD9 SEN 5.25000% 17,~~720~~390,~~724~~076.3895 7776,~~528~~081.1759 ~~330~~196,~~647~~584.4391 8IO 05946XGE7 IO 0.~~39492~~39602% 0.00 5,~~611~~518.0056 0.00 CBIO 05946XGF4 IO 0.~~56623~~56437% 0.00 ~~120~~118,~~188~~155.2140 0.00 NCIO 05946XGC1 IO 0.~~43445~~43729% 0.00 22,~~726~~514.1377 0.00 PO 05946XFY4 PO 0.00000% 1110,~~084~~986,~~980~~419.6088 0.00 98181,~~560~~223.7295 P 05946XGN7 SEN 0.00000% 0.00 4822,~~647~~898.5530 0.00 B1 05946XGG2 SUB 5.~~97286~~97294% 16,~~524~~507,~~341~~171.9742 82,~~248~~163.0359 17,~~170~~309.5519 B2 05946XGH0 SUB 5.~~97286~~97294% 5,~~328~~323,~~664~~127.1207 26,~~522~~495.8259 5,~~537~~581.0576 B3 05946XGJ6 SUB 5.~~97286~~97294% 5,~~063~~058,~~477~~215.1061 25,~~202~~177.8801 5,~~261~~303.4998 B4 05946XGK3 SUB 5.~~97286~~97294% 2,~~664~~662,~~830~~061.5349 13,~~263~~250.8927 2,~~769~~791.0440 B5 05946XGL1 SUB 5.~~97286~~97294% 1,~~865~~863,~~281~~343.6845 9,~~284~~274.2370 1,~~938~~953.2388 B6 05946XGM9 SUB 5.~~97286~~97294% 3,~~198~~194,~~111~~788.1700 15,~~918~~901.2389 3,~~323~~350.1703 Totals ~~505~~498,~~895~~744,~~328~~986.8121 2,~~659~~596,~~365~~230.7358 76,~~150~~620,~~342~~749.5954

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1A1 0.00 22,~~344~~205,~~903~~870.5072 ~~228~~250,~~921~~757.6330 0.00 1AR 0.00 0.00 0.00 0.00 1ALR 0.00 0.00 0.00 0.00 2A1 0.00 5251,~~439~~662,~~194~~384.7400 1,~~398~~039,~~017~~006.71 0.00 3A1 0.00 ~~113~~112,~~930~~511,~~558~~145.3235 1,~~792~~989,~~340~~065.1776 0.00 4A1 0.00 ~~133~~131,~~194~~188,~~716~~098.5664 32,~~368~~672,~~354~~591.4150 0.00 5A1 0.00 38,~~422~~385,~~527~~514.4928 1229,~~163,404~~125.5185 0.00 6A1 0.00 17,~~341~~320,~~114~~869.7124 ~~592~~106,~~889~~951.6304 0.00 7A1 0.00 5856,~~086~~279,~~767~~249.0267 ~~353~~2,~~431~~097,951.4419 0.00 8A1 0.00 17,~~390~~193,~~076~~492.9505 ~~408~~272,~~175~~666.6050 0.00 8IO 0.00 0.00 5,~~611~~518.0056 0.00 CBIO 0.00 0.00 ~~120~~118,~~188~~155.2140 0.00 NCIO 0.00 0.00 22,~~726~~514.1377 0.00 PO 0.00 10,~~986~~805,~~419~~195.8892 98181,~~560~~223.7295 0.00 P 0.00 0.00 4822,~~647~~898.5530 0.00 B1 0.00 16,~~507~~489,~~171~~862.4223 99,~~418~~472.5878 0.00 B2 0.00 5,~~323~~317,~~127~~545.0732 32,~~059~~077.8735 0.00 B3 0.00 5,~~058~~052,~~215~~911.6163 30,~~464~~480.3799 0.00 B4 0.00 2,~~662~~659,~~061~~270.4909 16,~~032~~041.9367 0.00 B5 0.00 1,~~863~~861,~~343~~389.4558 11,~~222~~228.4658 0.00 B6 0.00 3,~~194~~191,~~788~~437.0099 19,~~241~~251.4092 0.00 Totals 0.00 ~~498~~492,~~744~~124,~~986~~236.2171 9,~~809~~216,~~708~~980.3212 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) 1A1 23,168,000.00 22,~~461~~344,~~517~~903.5450 19,~~394~~413.5142 97119,~~219~~619.5336 0.00 0.00 1AR 50.00 0.00 0.00 0.00 0.00 0.00 1ALR 50.00 0.00 0.00 0.00 0.00 0.00 2A1 56,692,000.00 5352,~~569~~439,~~365~~194.6274 50,~~925~~546.7595 1726,~~079,245~~263.1379 0.00 0.00 3A1 118,322,000.00 ~~115~~113,~~147~~930,~~162~~558.6832 103,~~546~~094.3585 1,~~113~~316,~~058~~318.0112 0.00 0.00 4A1 146,775,000.00 ~~135~~133,~~883~~194,~~652~~716.7156 ~~127~~126,~~304~~466.1550 21,~~561~~880,~~631~~151.9943 0.00 0.00 5A1 40,574,000.00 3938,~~388~~422,~~987~~527.0649 35,~~791~~935.6919 ~~930~~1,~~667~~078.8802 0.00 0.00 6A1 19,042,000.00 17,~~844~~341,~~780~~114.4571 18,~~758~~826.8901 ~~484~~1,~~906~~419.8446 0.00 0.00 7A1 65,676,000.00 58,~~149~~086,~~451~~767.2002 5856,~~003~~614.3328 41,~~680~~750,903.8507 0.00 0.00 8A1 18,013,000.00 17,~~720~~390,~~724~~076.3895 66,~~771~~685.6937 ~~263~~129,~~875~~899.7353 0.00 0.00 8IO 0.00 0.00 0.00 0.00 0.00 0.00 CBIO 0.00 0.00 0.00 0.00 0.00 0.00 NCIO 0.00 0.00 0.00 0.00 0.00 0.00 PO 11,569,178.00 1110,~~084~~986,~~980~~419.6088 12,~~813~~699.1794 85168,~~747~~524.5501 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 B1 16,575,000.00 16,~~524~~507,~~341~~171.9742 17,~~170~~309.5519 0.00 0.00 0.00 B2 5,345,000.00 5,~~328~~323,~~664~~127.1207 5,~~537~~581.0576 0.00 0.00 0.00 B3 5,079,000.00 5,~~063~~058,~~477~~215.1061 5,~~261~~303.4998 0.00 0.00 0.00 B4 2,673,000.00 2,~~664~~662,~~830~~061.5349 2,~~769~~791.0440 0.00 0.00 0.00 B5 1,871,000.00 1,~~865~~863,~~281~~343.6845 1,~~938~~953.2388 0.00 0.00 0.00 B6 3,207,916.15 3,~~198~~194,~~111~~788.1700 3,~~323~~350.1703 0.00 0.00 0.00 Totals 534,582,194.15 ~~505~~498,~~895~~744,~~328~~986.8121 ~~529~~526,~~309~~572.0675 6,~~621~~094,~~033~~176.5179 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 1A1 ~~116~~139,~~614~~032.0478 22,~~344~~205,~~903~~870.5072 0.~~96447270~~95847163 ~~116~~139,~~614~~032.0478 1AR 0.00 0.00 0.00000000 0.00 1ALR 0.00 0.00 0.00000000 0.00 2A1 1776,~~130,170~~810.8874 5251,~~439~~662,~~194~~384.7400 0.~~92498403~~91128173 1776,~~130,170~~810.8874 3A1 1,~~216~~419,~~604~~412.3697 ~~113~~112,~~930~~511,~~558~~145.3235 0.~~96288567~~95088948 1,~~216~~419,~~604~~412.3697 4A1 2,~~688~~006,~~936~~617.1592 ~~133~~131,~~194~~188,~~716~~098.5664 0.~~90747550~~89380411 2,~~688~~006,~~936~~617.1592 5A1 ~~966~~37,~~459~~013.5721 38,~~422~~385,~~527~~514.4928 0.~~94697411~~94606187 ~~966~~37,~~459~~013.5721 6A1 ~~503~~20,~~665~~245.7347 17,~~341~~320,~~114~~869.7124 0.~~91067717~~90961397 ~~503~~20,~~665~~245.7347 7A1 621,~~684~~807,517.1835 5856,~~086~~279,~~767~~249.0267 0.~~88444435~~85692262 621,~~684~~807,517.1835 8A1 ~~330~~196,~~647~~584.4391 17,~~390~~193,~~076~~492.9505 0.~~96541814~~95450464 ~~330~~196,~~647~~584.4391 8IO 0.00 0.00 0.00000000 0.00 CBIO 0.00 0.00 0.00000000 0.00 NCIO 0.00 0.00 0.00000000 0.00 PO 98181,~~560~~223.7295 10,~~986~~805,~~419~~195.8892 0.~~94962839~~93396401 98181,~~560~~223.7295 P 0.00 0.00 0.00000000 0.00 B1 17,~~170~~309.5519 16,~~507~~489,~~171~~862.4223 0.~~99590778~~99486348 17,~~170~~309.5519 B2 5,~~537~~581.0576 5,~~323~~317,~~127~~545.0732 0.~~99590778~~99486348 5,~~537~~581.0576 B3 5,~~261~~303.4998 5,~~058~~052,~~215~~911.6163 0.~~99590778~~99486348 5,~~261~~303.4998 B4 2,~~769~~791.0440 2,~~662~~659,~~061~~270.4909 0.~~99590778~~99486348 2,~~769~~791.0440 B5 1,~~938~~953.2388 1,~~863~~861,~~343~~389.4558 0.~~99590778~~99486348 1,~~938~~953.2388 B6 3,~~323~~350.1703 3,~~194~~191,~~788~~437.0099 0.~~99590758~~99486328 3,~~323~~350.1703 Totals 76,~~150~~620,~~342~~749.5954 ~~498~~492,~~744~~124,~~986~~236.2171 0.~~93296221~~92057731 76,~~150~~620,~~342~~749.5954

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1A1 23,168,000.00 ~~969~~964.~~50610929~~47269941 0.~~83712491~~83794113 45.~~19628496~~16312845 0.00000000 1AR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 1ALR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 2A1 56,692,000.00 ~~944~~924.~~91931172~~98403196 0.~~89828812~~89160640 1912.~~03699164~~81069269 0.00000000 3A1 118,322,000.00 ~~973~~962.~~16781900~~88567063 0.~~87512339~~87130753 911.~~40702498~~12488058 0.00000000 4A1 146,775,000.00 ~~925~~907.~~79562398~~47550032 0.~~86734219~~86163516 1712.~~45278140~~80975255 0.00000000 5A1 40,574,000.00 ~~970~~946.~~79378568~~97410879 0.~~88213363~~88567038 220.~~93754325~~02656923 0.00000000 6A1 19,042,000.00 ~~937~~910.~~12742622~~67717204 0.~~98513234~~98865718 250.~~46512131~~07454364 0.00000000 7A1 65,676,000.00 ~~885~~884.~~39879408~~44434832 0.~~88317391~~86202387 026.~~07127185~~65970933 0.00000000 8A1 18,013,000.00 ~~983~~965.~~77418420~~41813968 3.~~70686116~~70206906 147.~~64918281~~21143230 0.00000000 8IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 CBIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 NCIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 PO 11,569,178.00 ~~958~~949.~~14764022~~62839019 1.~~10752639~~09773918 714.~~41172363~~56663645 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1 16,575,000.00 ~~996~~995.~~94370860~~90777798 1.~~03593062~~04429502 0.00000000 0.00000000 B2 5,345,000.00 ~~996~~995.~~94370814~~90777736 1.~~03593078~~04429560 0.00000000 0.00000000 B3 5,079,000.00 ~~996~~995.~~94370939~~90777909 1.~~03593030~~04429612 0.00000000 0.00000000 B4 2,673,000.00 ~~996~~995.~~94370744~~90777778 1.~~03592967~~04429480 0.00000000 0.00000000 B5 1,871,000.00 ~~996~~995.~~94370925~~90777659 1.~~03593266~~04429717 0.00000000 0.00000000 B6 3,207,916.15 ~~996~~995.~~94350490~~90757695 1.~~03592795~~04430099 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 1A1 0.00000000 56.~~03340988~~00106958 ~~964~~958.~~47269941~~47162983 0.~~96447270~~95847163 56.~~03340988~~00106958 1AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2A1 0.00000000 1913.~~93527976~~70229909 ~~924~~911.~~98403196~~28173287 0.~~92498403~~91128173 1913.~~93527976~~70229909 3A1 0.00000000 1011.~~28214837~~99618811 ~~962~~950.~~88567063~~88948251 0.~~96288567~~95088948 1011.~~28214837~~99618811 4A1 0.00000000 1813.~~32012366~~67138763 ~~907~~893.~~47550032~~80411269 0.~~90747550~~89380411 1813.~~32012366~~67138763 5A1 0.00000000 230.~~81967689~~91223961 946.~~97410879~~06186918 0.~~94697411~~94606187 230.~~81967689~~91223961 6A1 0.00000000 261.~~45025365~~06320082 ~~910~~909.~~67717204~~61397122 0.~~91067717~~90961397 261.~~45025365~~06320082 7A1 0.00000000 027.~~95444576~~52173321 ~~884~~856.~~44434832~~92261511 0.~~88444435~~85692262 027.~~95444576~~52173321 8A1 0.00000000 1810.~~35604452~~91350192 ~~965~~954.~~41813968~~50463832 0.~~96541814~~95450464 1810.~~35604452~~91350192 8IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 CBIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 NCIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 PO 0.00000000 815.~~51925003~~66437564 ~~949~~933.~~62839019~~96401369 0.~~94962839~~93396401 815.~~51925003~~66437564 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1 0.00000000 1.~~03593062~~04429502 ~~995~~994.~~90777798~~86348296 0.~~99590778~~99486348 1.~~03593062~~04429502 B2 0.00000000 1.~~03593078~~04429560 ~~995~~994.~~90777736~~86348363 0.~~99590778~~99486348 1.~~03593078~~04429560 B3 0.00000000 1.~~03593030~~04429612 ~~995~~994.~~90777909~~86348297 0.~~99590778~~99486348 1.~~03593030~~04429612 B4 0.00000000 1.~~03592967~~04429480 ~~995~~994.~~90777778~~86348298 0.~~99590778~~99486348 1.~~03592967~~04429480 B5 0.00000000 1.~~03593266~~04429717 ~~995~~994.~~90777659~~86348477 0.~~99590778~~99486348 1.~~03593266~~04429717 B6 0.00000000 1.~~03592795~~04430099 ~~995~~994.~~90757695~~86328220 0.~~99590758~~99486328 1.~~03592795~~04430099 (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 1A1 23,168,000.00 6.00000% 22,~~461~~344,~~517~~903.5450 ~~112~~111,~~307~~724.5952 0.00 0.00 1AR 50.00 6.00000% 0.00 0.00 0.00 0.00 1ALR 50.00 6.00000% 0.00 0.00 0.00 0.00 2A1 56,692,000.00 6.00000% 5352,~~569~~439,~~365~~194.6274 ~~267~~262,~~846~~195.8397 0.00 0.00 3A1 118,322,000.00 6.00000% ~~115~~113,~~147~~930,~~162~~558.6832 ~~575~~569,~~735~~652.8179 0.00 0.00 4A1 146,775,000.00 6.00000% ~~135~~133,~~883~~194,~~652~~716.7156 ~~679~~665,~~418~~973.2658 0.00 0.00 5A1 40,574,000.00 6.00000% 3938,~~388~~422,~~987~~527.0649 ~~196~~192,~~944~~112.9464 0.00 0.00 6A1 19,042,000.00 6.00000% 17,~~844~~341,~~780~~114.4571 8986,~~223~~705.9057 0.00 0.00 7A1 65,676,000.00 6.00000% 58,~~149~~086,~~451~~767.2002 290,~~747~~433.2684 0.00 0.00 8A1 18,013,000.00 5.25000% 17,~~720~~390,~~724~~076.3895 7776,~~528~~081.1759 0.00 0.00 8IO 0.00 0.~~39492~~39602% 1716,~~049~~722,~~532~~003.6004 5,~~611~~518.0056 0.00 0.00 CBIO 0.00 0.~~56623~~56437% ~~254~~251,~~711~~229,~~580~~920.1324 ~~120~~118,~~188~~155.1940 0.00 0.00 NCIO 0.00 0.~~43445~~43729% 6261,~~771~~784,~~665~~221.3279 22,~~726~~514.1377 0.00 0.00 PO 11,569,178.00 0.00000% 1110,~~084~~986,~~980~~419.6088 0.00 0.00 0.00 P 0.00 0.00000% 0.00 0.00 0.00 0.00 B1 16,575,000.00 5.~~97286~~97294% 16,~~524~~507,~~341~~171.9742 82,~~248~~163.0359 0.00 0.00 B2 5,345,000.00 5.~~97286~~97294% 5,~~328~~323,~~664~~127.1207 26,~~522~~495.8259 0.00 0.00 B3 5,079,000.00 5.~~97286~~97294% 5,~~063~~058,~~477~~215.1061 25,~~202~~177.8801 0.00 0.00 B4 2,673,000.00 5.~~97286~~97294% 2,~~664~~662,~~830~~061.5349 13,~~263~~250.8927 0.00 0.00 B5 1,871,000.00 5.~~97286~~97294% 1,~~865~~863,~~281~~343.6845 9,~~284~~274.2370 0.00 0.00 B6 3,207,916.15 5.~~97286~~97294% 3,~~198~~194,~~111~~788.1700 15,~~918~~901.2389 0.00 0.00 Totals 534,582,194.15 2,~~610~~573,~~718~~332.1628 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 1A1 0.00 0.00 ~~112~~111,~~307~~724.5952 0.00 22,~~344~~205,~~903~~870.5072 1AR 0.00 0.00 0.00 0.00 0.00 1ALR 0.00 0.00 0.00 0.00 0.00 2A1 0.00 0.00 ~~267~~262,~~846~~195.8397 0.00 5251,~~439~~662,~~194~~384.7400 3A1 0.00 0.00 ~~575~~569,~~735~~652.8179 0.00 ~~113~~112,~~930~~511,~~558~~145.3235 4A1 0.00 0.00 ~~679~~665,~~418~~973.2658 0.00 ~~133~~131,~~194~~188,~~716~~098.5664 5A1 0.00 0.00 ~~196~~192,~~944~~112.9464 0.00 38,~~422~~385,~~527~~514.4928 6A1 0.00 0.00 8986,~~223~~705.9057 0.00 17,~~341~~320,~~114~~869.7124 7A1 0.00 0.00 290,~~747~~433.2684 0.00 5856,~~086~~279,~~767~~249.0267 8A1 0.00 0.00 7776,~~528~~081.1759 0.00 17,~~390~~193,~~076~~492.9505 8IO 0.00 0.00 5,~~611~~518.0056 0.00 16,~~722~~529,~~003~~693.0481 CBIO (0.~~02)~~00 0.00 ~~120~~118,~~188~~155.2140 0.00 ~~251~~247,~~229~~512,~~920~~404.2488 NCIO 0.00 0.00 22,~~726~~514.1377 0.00 61,~~784~~133,~~221~~433.7978 PO 0.00 0.00 0.00 0.00 10,~~986~~805,~~419~~195.8892 P 0.00 0.00 4822,~~647~~898.5530 0.00 0.00 B1 0.00 0.00 82,~~248~~163.0359 0.00 16,~~507~~489,~~171~~862.4223 B2 0.00 0.00 26,~~522~~495.8259 0.00 5,~~323~~317,~~127~~545.0732 B3 0.00 0.00 25,~~202~~177.8801 0.00 5,~~058~~052,~~215~~911.6163 B4 0.00 0.00 13,~~263~~250.8927 0.00 2,~~662~~659,~~061~~270.4909 B5 0.00 0.00 9,~~284~~274.2370 0.00 1,~~863~~861,~~343~~389.4558 B6 0.00 0.00 15,~~918~~901.2389 0.00 3,~~194~~191,~~788~~437.0099 Totals (0.~~02)~~00 0.00 2,~~659~~596,~~365~~230.7358 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 1A1 23,168,000.00 6.00000% ~~969~~964.~~50610929~~47269941 4.~~84753065~~82236360 0.00000000 0.00000000 1AR 50.00 6.00000% 0.00000000 0.00000000 0.00000000 0.00000000 1ALR 50.00 6.00000% 0.00000000 0.00000000 0.00000000 0.00000000 2A1 56,692,000.00 6.00000% ~~944~~924.~~91931172~~98403196 4.~~72459659~~62492009 0.00000000 0.00000000 3A1 118,322,000.00 6.00000% ~~973~~962.~~16781900~~88567063 4.~~86583907~~81442834 0.00000000 0.00000000 4A1 146,775,000.00 6.00000% ~~925~~907.~~79562398~~47550032 4.~~62897810~~53737748 0.00000000 0.00000000 5A1 40,574,000.00 6.00000% ~~970~~946.~~79378568~~97410879 4.~~85396904~~73487061 0.00000000 0.00000000 6A1 19,042,000.00 6.00000% ~~937~~910.~~12742622~~67717204 4.~~68563701~~55338567 0.00000000 0.00000000 7A1 65,676,000.00 6.00000% ~~885~~884.~~39879408~~44434832 4.~~42699403~~42222182 0.00000000 0.00000000 8A1 18,013,000.00 5.25000% ~~983~~965.~~77418420~~41813968 4.~~30401210~~22370455 0.00000000 0.00000000 8IO 0.00 0.~~39492~~39602% ~~988~~969.~~03130621~~05075896 0.~~32516103~~31980408 0.00000000 0.00000000 CBIO 0.00 0.~~56623~~56437% ~~948~~935.~~29452098~~33225599 0.~~44746219~~43989409 0.00000000 0.00000000 NCIO 0.00 0.~~43445~~43729% ~~905~~891.~~91694752~~66622111 0.~~32798216~~32493182 0.00000000 0.00000000 PO 11,569,178.00 0.00000% ~~958~~949.~~14764022~~62839019 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 B1 16,575,000.00 5.~~97286~~97294% ~~996~~995.~~94370860~~90777798 4.~~96217376~~95707934 0.00000000 0.00000000 B2 5,345,000.00 5.~~97286~~97294% ~~996~~995.~~94370814~~90777736 4.~~96217399~~95707951 0.00000000 0.00000000 B3 5,079,000.00 5.~~97286~~97294% ~~996~~995.~~94370939~~90777909 4.~~96217366~~95708013 0.00000000 0.00000000 B4 2,673,000.00 5.~~97286~~97294% ~~996~~995.~~94370744~~90777778 4.~~96217359~~95707819 0.00000000 0.00000000 B5 1,871,000.00 5.~~97286~~97294% ~~996~~995.~~94370925~~90777659 4.~~96217531~~95708177 0.00000000 0.00000000 B6 3,207,916.15 5.~~97286~~97294% ~~996~~995.~~94350490~~90757695 4.~~96217147~~95707782 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 1A1 0.00000000 0.00000000 4.~~84753065~~82236360 0.00000000 ~~964~~958.~~47269941~~47162983 1AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2A1 0.00000000 0.00000000 4.~~72459659~~62492009 0.00000000 ~~924~~911.~~98403196~~28173287 3A1 0.00000000 0.00000000 4.~~86583907~~81442834 0.00000000 ~~962~~950.~~88567063~~88948251 4A1 0.00000000 0.00000000 4.~~62897810~~53737748 0.00000000 ~~907~~893.~~47550032~~80411269 5A1 0.00000000 0.00000000 4.~~85396904~~73487061 0.00000000 946.~~97410879~~06186918 6A1 0.00000000 0.00000000 4.~~68563701~~55338567 0.00000000 ~~910~~909.~~67717204~~61397122 7A1 0.00000000 0.00000000 4.~~42699403~~42222182 0.00000000 ~~884~~856.~~44434832~~92261511 8A1 0.00000000 0.00000000 4.~~30401210~~22370455 0.00000000 ~~965~~954.~~41813968~~50463832 8IO 0.00000000 0.00000000 0.~~32516103~~31980408 0.00000000 ~~969~~957.~~05075896~~90631623 CBIO (0.~~00000007)~~00000000 0.00000000 0.~~44746227~~43989409 0.00000000 ~~935~~921.~~33225599~~49189802 NCIO 0.00000000 0.00000000 0.~~32798216~~32493182 0.00000000 ~~891~~882.~~66622111~~27408718 PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~949~~933.~~62839019~~96401369 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1 0.00000000 0.00000000 4.~~96217376~~95707934 0.00000000 ~~995~~994.~~90777798~~86348296 B2 0.00000000 0.00000000 4.~~96217399~~95707951 0.00000000 ~~995~~994.~~90777736~~86348363 B3 0.00000000 0.00000000 4.~~96217366~~95708013 0.00000000 ~~995~~994.~~90777909~~86348297 B4 0.00000000 0.00000000 4.~~96217359~~95707819 0.00000000 ~~995~~994.~~90777778~~86348298 B5 0.00000000 0.00000000 4.~~96217531~~95708177 0.00000000 ~~995~~994.~~90777659~~86348477 B6 0.00000000 0.00000000 4.~~96217147~~95707782 0.00000000 ~~995~~994.~~90757695~~86328220 (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-1 0.00000% 0.00 0.00 4,~~959~~955.9911 4,~~955~~950.1119 99.~~60020101~~50130653% PO-2 0.00000% 0.00 0.00 1,~~713~~703,~~516~~957.5871 1,~~703~~693,~~957~~177.7142 9796.~~23849016~~62329935% PO-3 0.00000% 0.00 0.00 1,~~191~~166,~~359~~600.3811 1,~~166~~165,~~600~~225.1192 97.~~37970569~~26499782% PO-4 0.00000% 0.00 0.00 3,~~466~~419,~~848~~247.0339 3,~~419~~390,~~247~~349.3929 92.~~99145351~~20552725% PO-5 0.00000% 0.00 0.00 ~~564~~563,~~592~~985.2961 563,~~985~~375.6191 99.~~57460959~~46696387% PO-6 0.00000% 0.00 0.00 ~~785,033.98~~ 773,744.51 772,757.12 92.~~42084121~~30290123% PO-7 0.00000% 0.00 0.00 3,~~146~~142,~~180~~306.5913 3,~~142~~004,~~306~~635.1377 9490.~~75103079~~59980937% PO-8 0.00000% 0.00 0.00 ~~212,489.75~~ 211,623.32 210,724.30 97.~~54878976~~13438216% 1-IO 0.~~62052~~61904% 23,~~835~~718,~~907~~134.2688 23,~~718~~577,~~134~~937.8857 0.00 0.00 96.~~62779198~~05662749% 2-IO 0.~~57885~~58050% ~~34,149,497.08~~ 33,326,163.43 32,735,170.20 0.00 0.00 9089.~~78870530~~17869368% 3-IO 0.~~51062~~51153% ~~101,479,704.96~~ 100,800,286.65 99,397,861.35 0.00 0.00 9695.~~47002162~~12784290% 4-IO 0.~~60737~~60176% ~~95,246,470.83~~ 93,385,335.28 91,801,435.76 0.00 0.00 9089.~~79082744~~25093311% 5-IO 0.~~41925~~42448% 3130,~~545~~588,~~946~~104.9621 30,~~588~~559,~~104~~691.2113 0.00 0.00 93.~~52606026~~43918454% 6-IO 0.~~27302~~27303% 6,~~634~~627,~~342~~324.3936 6,~~627~~620,~~324~~267.3647 0.00 0.00 99.~~58166074~~47562446% 7-IO 0.~~49751~~49755% 24,~~591~~568,~~375~~793.9722 2423,~~568~~953,~~793~~475.2218 0.00 0.00 8280.~~08710135~~03125457%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 9,~~919~~349,~~153~~939.0365 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 4822,~~647~~898.5530 Total Deposits 9,~~967~~372,~~800~~837.5895 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~158~~155,~~092~~857.2683 Payment of Interest and Principal 9,~~809~~216,~~708~~980.3212 Total Withdrawals (Pool Distribution Amount) 9,~~967~~372,~~800~~837.5895 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~158~~155,~~092~~857.2683 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~158~~155,~~092~~857.2683

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 40 0 0 0 40 7,~~848~~049,~~482~~456.8086 0.00 0.00 0.00 7,~~848~~049,~~482~~456.8086 60 Days 94 0 0 0 94 1540,~~277,082~~400.8539 0.00 0.00 0.00 1540,~~277,082~~400.8539 90 Days 35 0 0 0 35 ~~444~~562,~~298~~641.1216 0.00 0.00 0.00 ~~444~~562,~~298~~641.1216 120 Days 23 0 0 0 23 ~~508~~444,~~356~~298.2512 0.00 0.00 0.00 ~~508~~444,~~356~~298.2512 150 Days 01 0 0 0 01 0322,294.0019 0.00 0.00 0.00 0322,294.0019 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 5453 0 0 0 5453 108,~~078~~919,~~220~~090.0272 0.00 0.00 0.00 108,~~078~~919,~~220~~090.0272 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 1.~~446655~~464665% 0.000000% 0.000000% 0.000000% 1.~~446655~~464665% 1.~~572285~~431196% 0.000000% 0.000000% 0.000000% 1.~~572285~~431196% 60 Days 0.~~325497~~146466% 0.000000% 0.000000% 0.000000% 0.~~325497~~146466% 0.~~255838~~109713% 0.000000% 0.000000% 0.000000% 0.~~255838~~109713% 90 Days 0.~~108499~~183083% 0.000000% 0.000000% 0.000000% 0.~~108499~~183083% 0.~~089006~~114229% 0.000000% 0.000000% 0.000000% 0.~~089006~~114229% 120 Days 0.~~072333~~109850% 0.000000% 0.000000% 0.000000% 0.~~072333~~109850% 0.~~101839~~090202% 0.000000% 0.000000% 0.000000% 0.~~101839~~090202% 150 Days 0.~~000000~~036617% 0.000000% 0.000000% 0.000000% 0.~~000000~~036617% 0.~~000000~~065433% 0.000000% 0.000000% 0.000000% 0.~~000000~~065433% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.~~952984~~940681% 0.000000% 0.000000% 0.000000% 1.~~952984~~940681% 21.~~018968~~810774% 0.000000% 0.000000% 0.000000% 21.~~018968~~810774%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 5 0 0 0 5 ~~544~~442,~~500~~286.8775 0.00 0.00 0.00 ~~544~~442,~~500~~286.8775 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 5 0 0 0 5 ~~544~~442,~~500~~286.8775 0.00 0.00 0.00 ~~544~~442,~~500~~286.8775 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.~~427184~~450980% 0.000000% 0.000000% 0.000000% 2.~~427184~~450980% 21.~~271149~~855694% 0.000000% 0.000000% 0.000000% 21.~~271149~~855694% 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 2.~~427184~~450980% 0.000000% 0.000000% 0.000000% 2.~~427184~~450980% 21.~~271149~~855694% 0.000000% 0.000000% 0.000000% 21.~~271149~~855694% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 ~~248~~81,~~169~~331.2597 0.00 0.00 0.00 ~~248~~81,~~169~~331.2597 60 Days 10 0 0 0 10 ~~215,059~~0.5700 0.00 0.00 0.00 ~~215,059~~0.5700 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 21 ~~463~~81,~~228~~331.8297 0.00 0.00 0.00 ~~463~~81,~~228~~331.8297 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~233100~~236967% 0.000000% 0.000000% 0.000000% 0.~~233100~~236967% 0.~~426121~~141571% 0.000000% 0.000000% 0.000000% 0.~~426121~~141571% 60 Days 0.~~233100~~000000% 0.000000% 0.000000% 0.000000% 0.~~233100~~000000% 0.~~369270~~000000% 0.000000% 0.000000% 0.000000% 0.~~369270~~000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~466200~~236967% 0.000000% 0.000000% 0.000000% 0.~~466200~~236967% 0.~~795392~~141571% 0.000000% 0.000000% 0.000000% 0.~~795392~~141571% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1812 0 0 0 1812 31,~~088~~915,~~236~~312.6756 0.00 0.00 0.00 31,~~088~~915,~~236~~312.6756 60 Days 2 0 0 0 2 ~~232~~309,~~723~~184.5945 0.00 0.00 0.00 ~~232~~309,~~723~~184.5945 90 Days 1 0 0 0 1 ~~141~~149,~~842~~638.7668 0.00 0.00 0.00 ~~141~~149,~~842~~638.7668 120 Days 1 0 0 0 1 ~~186~~141,~~062~~842.0676 0.00 0.00 0.00 ~~186~~141,~~062~~842.0676 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 2216 0 0 0 2216 32,~~648~~515,~~865~~978.0845 0.00 0.00 0.00 32,~~648~~515,~~865~~978.0845 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 21.~~216749~~492537% 0.000000% 0.000000% 0.000000% 21.~~216749~~492537% 21.~~501190~~569389% 0.000000% 0.000000% 0.000000% 21.~~501190~~569389% 60 Days 0.~~246305~~248756% 0.000000% 0.000000% 0.000000% 0.~~246305~~248756% 0.~~188485~~253343% 0.000000% 0.000000% 0.000000% 0.~~188485~~253343% 90 Days 0.~~123153~~124378% 0.000000% 0.000000% 0.000000% 0.~~123153~~124378% 0.~~114880~~122613% 0.000000% 0.000000% 0.000000% 0.~~114880~~122613% 120 Days 0.~~123153~~124378% 0.000000% 0.000000% 0.000000% 0.~~123153~~124378% 0.~~150693~~116225% 0.000000% 0.000000% 0.000000% 0.~~150693~~116225% 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 21.~~709360~~990050% 0.000000% 0.000000% 0.000000% 21.~~709360~~990050% 2.~~955248~~061569% 0.000000% 0.000000% 0.000000% 2.~~955248~~061569% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 816 0 0 0 816 ~~877~~2,~~729~~203,875.4456 0.00 0.00 0.00 ~~877~~2,~~729~~203,875.4456 60 Days 62 0 0 0 62 ~~829~~231,~~299~~215.6994 0.00 0.00 0.00 ~~829~~231,~~299~~215.6994 90 Days 24 0 0 0 24 ~~302~~413,~~455~~002.3648 0.00 0.00 0.00 ~~302~~413,~~455~~002.3648 120 Days 12 0 0 0 12 ~~322~~302,~~294~~455.1936 0.00 0.00 0.00 ~~322~~302,~~294~~455.1936 150 Days 01 0 0 0 01 0322,294.0019 0.00 0.00 0.00 0322,294.0019 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1725 0 0 0 1725 23,~~331~~472,~~778~~843.6853 0.00 0.00 0.00 23,~~331~~472,~~778~~843.6853 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~886918~~799775% 0.000000% 0.000000% 0.000000% 01.~~886918~~799775% 01.~~596520~~518864% 0.000000% 0.000000% 0.000000% 01.~~596520~~518864% 60 Days 0.~~665188~~224972% 0.000000% 0.000000% 0.000000% 0.~~665188~~224972% 0.~~563606~~159349% 0.000000% 0.000000% 0.000000% 0.~~563606~~159349% 90 Days 0.~~221729~~449944% 0.000000% 0.000000% 0.000000% 0.~~221729~~449944% 0.~~205554~~284633% 0.000000% 0.000000% 0.000000% 0.~~205554~~284633% 120 Days 0.~~110865~~224972% 0.000000% 0.000000% 0.000000% 0.~~110865~~224972% 0.~~219037~~208446% 0.000000% 0.000000% 0.000000% 0.~~219037~~208446% 150 Days 0.~~000000~~112486% 0.000000% 0.000000% 0.000000% 0.~~000000~~112486% 0.~~000000~~222118% 0.000000% 0.000000% 0.000000% 0.~~000000~~222118% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 12.~~884701~~812148% 0.000000% 0.000000% 0.000000% 12.~~884701~~812148% 12.~~584716~~393410% 0.000000% 0.000000% 0.000000% 12.~~584716~~393410% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 5 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 4 0 0 0 4 1,~~539~~512,~~271~~040.8377 0.00 0.00 0.00 1,~~539~~512,~~271~~040.8377 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 4 0 0 0 4 1,~~539~~512,~~271~~040.8377 0.00 0.00 0.00 1,~~539~~512,~~271~~040.8377 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 4.255319% 0.000000% 0.000000% 0.000000% 4.255319% 3.~~676130~~614679% 0.000000% 0.000000% 0.000000% 3.~~676130~~614679% 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 4.255319% 0.000000% 0.000000% 0.000000% 4.255319% 3.~~676130~~614679% 0.000000% 0.000000% 0.000000% 3.~~676130~~614679% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 6 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 7 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 32 0 0 0 32 1894,~~503,821~~609.7625 0.00 0.00 0.00 1894,~~503,821~~609.7625 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 32 0 0 0 32 1894,~~503,821~~609.7625 0.00 0.00 0.00 1894,~~503,821~~609.7625 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 21.~~205882~~503759% 0.000000% 0.000000% 0.000000% 21.~~205882~~503759% 21.~~276442~~395469% 0.000000% 0.000000% 0.000000% 21.~~276442~~395469% 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 21.~~205882~~503759% 0.000000% 0.000000% 0.000000% 21.~~205882~~503759% 21.~~276442~~395469% 0.000000% 0.000000% 0.000000% 21.~~276442~~395469% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 8 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 10 0 0 0 10 ~~46,752~~0.9800 0.00 0.00 0.00 ~~46,752~~0.9800 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 10 0 0 0 10 ~~46,752~~0.9800 0.00 0.00 0.00 ~~46,752~~0.9800 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~699301~~000000% 0.000000% 0.000000% 0.000000% 0.~~699301~~000000% 0.~~247231~~000000% 0.000000% 0.000000% 0.000000% 0.~~247231~~000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~699301~~000000% 0.000000% 0.000000% 0.000000% 0.~~699301~~000000% 0.~~247231~~000000% 0.000000% 0.000000% 0.000000% 0.~~247231~~000000%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 6557,~~444~~333.1949

COLLATERAL STATEMENT Collateral Description Fixed Weighted Average Gross Coupon 6.~~567708~~566538% Weighted Average Pass-Through Rate 6.~~192708~~191538% Weighted Average Maturity(Stepdown Calculation ) ~~344~~343 Beginning Scheduled Collateral Loan Count 2,~~800~~765 Number Of Loans Paid In Full 3534 Ending Scheduled Collateral Loan Count 2,~~765~~731 Beginning Scheduled Collateral Balance ~~505~~498,~~895~~744,~~328~~986.8222 Ending Scheduled Collateral Balance ~~498~~492,~~744~~124,~~986~~236.2271 Ending Actual Collateral Balance at 31-~~Jul~~Aug-2004 ~~499~~492,~~176~~556,~~878~~885.9608 Monthly P &I Constant 3,~~298~~255,~~119~~762.7871 Special Servicing Fee 0.00 Prepayment Penalties 4822,~~647~~898.5530 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Non-PO Optimal Amount 98,~~355~~623,~~499~~080.6863 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans ~~498~~492,~~744~~124,~~986~~236.2271 Scheduled Principal ~~529~~526,~~309~~572.0872 Unscheduled Principal 6,~~621~~094,~~033~~176.5279

Miscellaneous Reporting Total Senior Percentage 92.~~998387~~904541% Aggregate Subordinate Percentage 7.~~001613~~095459%

Group Level Collateral Statement Group 1 2 3 Collateral Description Fixed 30 Year Fixed 30 Year Fixed 30 Year Weighted Average Coupon Rate 6.~~988150~~986656 6.~~534878~~531760 6.~~733430~~736190 Weighted Average Net Rate 6.~~613150~~611655 6.~~159879~~156760 6.~~358430~~361190 Weighted Average Maturity ~~352~~351 ~~349~~348 ~~352~~351 Beginning Loan Count ~~207~~206 ~~438~~429 ~~818~~812 Loans Paid In Full 12 97 68 Ending Loan Count ~~206~~204 ~~429~~422 ~~812~~804 Beginning Scheduled Balance 2423,~~074~~955,~~001~~994.6570 5958,~~334~~191,~~863~~281.1235 ~~124~~123,~~625~~376,~~362~~546.5899 Ending scheduled Balance 23,~~955~~815,~~994~~561.7059 5857,~~191~~399,~~281~~788.3527 ~~123~~121,~~376~~948,~~546~~267.9988 Record Date 0708/31/2004 0708/31/2004 0708/31/2004 Principal And Interest Constant 160,~~981~~290.3666 ~~379~~373,~~816~~109.9950 ~~811~~804,~~523~~395.6879 Scheduled Principal 20,~~787~~813.4275 56,~~695~~366.2358 ~~112~~111,~~226~~822.9261 Unscheduled Principal 97119,~~219~~619.5336 1735,~~086,886~~126.5450 1,~~136~~316,~~588~~456.6750 Scheduled Interest ~~140~~139,~~193~~476.9491 ~~323~~316,~~121~~742.7692 ~~699~~692,~~296~~573.7618 Servicing Fees 7,~~523~~486.1226 18,~~542~~184.1378 38,~~945~~555.4115 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 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest ~~132~~131,~~670~~990.8265 ~~304~~298,~~579~~558.6314 ~~660~~654,~~351~~018.3503 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 6.~~613150~~611656 6.~~159878~~156760 6.~~358430~~361190

Group Level Collateral Statement Group 4 5 6 Collateral Description Fixed 30 Year Fixed 30 Year Fixed 30 Year Weighted Average Coupon Rate 6.~~622356~~617667 6.~~604829~~604468 6.~~230113~~229653 Weighted Average Net Rate 6.~~247356~~242667 6.~~229829~~229468 5.~~855113~~854653 Weighted Average Maturity ~~350~~349 ~~352~~351 ~~348~~347 Beginning Loan Count ~~916~~902 9694 4443 Loans Paid In Full 1413 20 10 Ending Loan Count ~~902~~889 94 43 Beginning Scheduled Balance ~~149~~147,~~781~~034,~~128~~819.1430 4241,~~806~~836,~~299~~640.2581 2019,~~007~~491,~~873~~470.9105 Ending scheduled Balance ~~147~~144,~~034~~989,~~819~~408.3082 41,~~836~~796,~~640~~352.8129 19,~~491~~468,~~470~~742.0570 Record Date 0708/31/2004 0708/31/2004 0708/31/2004 Principal And Interest Constant ~~967~~951,~~547~~099.0731 ~~274~~269,~~580~~451.7710 ~~124~~122,~~959~~389.6806 Scheduled Principal 140,~~960~~243.4304 3839,~~973~~193.8680 21,~~083~~201.5848 Unscheduled Principal 21,~~605~~905,~~348~~167.4144 ~~930~~1,~~684~~094.5872 ~~495~~1,~~320~~525.2887 Scheduled Interest ~~826~~810,~~586~~856.6427 ~~235~~230,~~606~~257.9130 ~~103~~101,~~876~~187.1058 Servicing Fees 4645,~~806~~948.6137 13,~~376~~073.9795 6,~~252~~091.4608 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 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest ~~779~~764,~~780~~907.0390 ~~222~~217,~~229~~183.9435 9795,~~623~~096.6450 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 6.~~247356~~242667 6.~~229829~~229468 5.~~855113~~854653

Group Level Collateral Statement Group 7 8 Total Collateral Description Fixed 30 Year Fixed 15 Year Fixed Weighted Average Coupon Rate 6.~~274474~~274562 5.~~917783~~917369 6.~~567708~~566538 Weighted Average Net Rate 5.~~899474~~899562 5.~~542783~~542368 6.~~192708~~191538 Weighted Average Maturity ~~351~~350.00 ~~170~~169.00 ~~344~~343.00 Record Date 0708/31/2004 0708/31/2004 0708/31/2004 Principal And Interest Constant ~~411~~409,~~731~~730.80 ~~166~~165,~~978~~296.4349 3,~~298~~255,~~119~~762.7871 Beginning Loan Count 136 ~~145~~143 2,~~800~~765 Loans Paid In Full 03 21 3534 Ending Loan Count ~~136~~133 ~~143~~142 2,~~765~~731 Beginning Scheduled Balance 66,~~079~~007,~~076~~746.2215 1918,~~186~~850,~~723~~486.9587 ~~505~~498,~~895~~744,~~328~~986.8222 Ending Scheduled Balance 6664,~~007~~057,~~746~~900.1591 18,~~850~~648,~~486~~214.8725 ~~498~~492,~~744~~124,~~986~~236.2271 Scheduled Principal 6664,~~222~~589.2737 72,~~359~~342.3709 ~~529~~526,~~309~~572.0872 Unscheduled Principal 51,~~107~~885,255.8087 ~~263~~129,~~877~~930.7153 6,~~621~~094,~~033~~176.5279 Scheduled Interest 345,~~509~~141.5343 9492,~~619~~954.0640 2,~~768~~729,~~810~~189.7099 Servicing Fee 20,~~649~~627.7146 5,~~995~~890.8578 ~~158~~155,~~092~~857.2683 Master Servicing Fee 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 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 324,~~859~~513.8297 8887,~~623~~063.2162 2,~~610~~573,~~718~~332.4416 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.~~899474~~899562 5.~~542783~~542369 6.~~192708~~191538

Miscellaneous Reporting Group 1 CPR 45.~~743840~~835036% Subordinate Percentage 6.~~678803~~705913% Subordinate Prepayment Percentage 0.000000% Senior Prepayment Percentage 100.000000% Senior Percentage 93.~~321197~~294087% Group 2 CPR 1914.~~913784~~162116% Subordinate Percentage 7.~~032082~~166437% Subordinate Prepayment Percentage 0.000000% Senior Prepayment Percentage 100.000000% Senior Percentage 92.~~967918~~833563% Group 3 CPR 1012.~~420364~~089262% Subordinate Percentage 6.~~713579~~774725% Subordinate Prepayment Percentage 0.000000% Senior Prepayment Percentage 100.000000% Senior Percentage 93.~~286421~~225275%

Miscellaneous Reporting Group 4 CPR 1914.~~003907~~499979% Subordinate Percentage 7.~~128919~~256076% Subordinate Prepayment Percentage 0.000000% Senior Prepayment Percentage 100.000000% Senior Percentage 92.~~871081~~743924% Group 5 CPR 230.~~204356~~031425% Subordinate Percentage 6.~~753323~~905606% Subordinate Prepayment Percentage 0.000000% Senior Prepayment Percentage 100.000000% Senior Percentage 93.~~246677~~094394% Group 6 CPR 260.~~002259~~094003% Subordinate Percentage 7.~~168863~~354582% Subordinate Prepayment Percentage 0.000000% Senior Prepayment Percentage 100.000000% Senior Percentage 92.~~831137~~645418%

Miscellaneous Reporting Group 7 CPR 029.~~092812~~394971% Subordinate Percentage 7.~~600864~~601430% Subordinate Prepayment Percentage 0.000000% Senior Prepayment Percentage 100.000000% Senior Percentage 92.~~399136~~398570% Group 8 CPR 157.~~364517~~994285% Subordinate Percentage 6.~~606377~~699905% Subordinate Prepayment Percentage 0.000000% Senior Prepayment Percentage 100.000000% Senior Percentage 93.~~393623~~300095%

Filing Compare · Banc of America Funding Corp. Mortgage Pass-Through Certificates Series 2004-1