8-K 1 bst03009_sep.txt SEPT. 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 27, 2004 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2003-9 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106323-07 54-2139198 Pooling and Servicing Agreement) (Commission 54-2139199 (State or other File Number) 54-2139200 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 BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2003-9 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 2003-9 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. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2003-9 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: 9/29/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-9 Trust, relating to the September 27, 2004 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 78/31/~~2004~~04 Distribution Date: 89/2527/~~2004~~04 BST Series: 2003-89 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 I-A-1 ~~07384MZQ8~~07384MA85 SEN 43.~~33569~~09902% ~~125~~38,~~754~~172,~~101~~404.5237 ~~454~~98,~~359~~580.4081 31,~~828~~808,~~208~~041.40 I-X-1 07384MA93 SEN 1.24000% 0.00 39,444.82 0.00 I-A-2 ~~07384MZR6~~07384MB27 SEN 4.~~33569~~24902% 895,~~034~~387,~~357~~265.8935 29337,~~028~~751.7686 ~~244~~4,~~582~~518,031.0347 I-X-2 07384MB35 SEN 0.09000% 0.00 7,154.04 0.00 I-A-3 07384MB43 SEN 3.37702% 15,268,961.75 42,969.64 723,216.56 I-X-3 07384MB50 SEN 0.96200% 0.00 12,240.62 0.00 II-A-1 ~~07384MZS4~~07384MB68 SEN 4.~~91483~~59473% ~~165~~156,~~370~~758,~~214~~151.5933 ~~677~~600,~~304~~217.8221 53,~~034~~799,~~355~~677.1283 II-X-1 07384MB76 SEN 0.33400% 0.00 43,631.02 0.00 II-A-2 ~~07384MZT2~~07384MB84 SEN 4.~~91483~~72873% 1031,~~565~~351,~~272~~630.7527 43123,~~272~~544.0637 ~~321~~759,~~637~~935.9457 ~~III~~II-AX-2 ~~07384MZU9~~07384MB92 SEN 0.20000% 0.00 5,225.~~21919~~27 0.00 II-X-3 07384MC34 SEN 0.32400% 380.00 12,~~748~~029.42 0.00 II-A-3 07384MC26 SEN 4.60473% 44,~~615~~553,396.1023 ~~168~~170,~~530~~963.3146 ~~359~~1,~~810~~079,934.8060 IVIII-A-1 ~~07384MZV7~~07384MC42 SEN 4.~~78487~~50153% ~~169~~68,~~285~~152,~~376~~602.1492 ~~675~~255,~~006~~659.4239 61,~~106~~368,~~734~~340.4547 IVIII-X-1 07384MC59 SEN 0.56200% 0.00 31,918.14 0.00 III-A-2 ~~07384MZW5~~07384MC67 SEN 5.06353% 74,387,893.59 313,888.03 1,493,530.13 III-A-3 07384MC75 SEN 4.~~78487~~43853% 1046,~~815~~110,~~487~~586.7965 43170,~~125~~552.5484 ~~390~~925,~~153~~789.6876 VIII-X-3 07384MC83 SEN 0.62500% 0.00 24,015.93 0.00 IV-A-1 ~~07384MZX3~~07384MC91 SEN 4.~~40091~~97685% 38110,~~047~~448,~~200~~747.7269 ~~139~~458,~~535~~072.1660 46284,~~815~~420.7477 IV-X-1 07384MD25 SEN 0.21900% 0.00 20,156.90 0.00 R-I ~~07384MZY1~~07384MD33 SEN 4.~~38872~~38232% 0.00 0.00 0.00 R-II ~~07384MZZ8~~07384MD41 SEN 4.~~38872~~38232% 0.00 0.00 0.00 R-III 07384MD58 SEN 4.38232% 0.00 0.00 0.00 B-1 ~~07384MA28~~07384MD66 SUB 4.~~72897~~86858% 1512,~~819~~715,~~157~~361.0857 6251,~~340~~588.2318 114,~~976~~937.2126 B-2 ~~07384MA36~~07384MD74 SUB 4.~~72897~~86858% 67,~~173~~453,~~307~~856.7771 2430,~~327~~241.8145 42,~~673~~894.6327 B-3 ~~07384MA44~~07384MD82 SUB 4.~~72897~~86858% 4,~~630~~384,~~055~~504.3931 1817,~~246~~788.1561 31,~~505~~702.2846 B-4 ~~07384MA51~~07384MD90 SUB 4.~~72897~~86858% 13,~~928~~946,~~990~~153.9157 716,~~601~~010.7815 1,~~460~~532.3826 B-5 ~~07384MA69~~07384ME24 SUB 4.~~72897~~86858% 2,~~315~~630,~~027~~802.7028 910,~~123~~673.0857 1,~~752~~021.6452 B-6 ~~07384MA77~~07384ME32 SUB 4.~~72897~~86858% 1,~~929~~754,~~466~~096.2781 7,~~603~~116.6564 ~~1,460~~681.7410 Totals ~~599~~713,~~416~~476,~~631~~415.6240 2,~~359~~901,~~405~~434.1797 16,~~357~~773,~~126~~687.6443

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 ~~121~~36,~~925~~364,~~893~~362.5297 41,~~282~~906,~~567~~622.4021 0.00 I-X-1 0.00 0.00 39,444.82 0.00 I-A-2 0.00 90,869,233.88 4,855,783.33 0.00 I-X-2 0.00 0.00 7,~~789~~154.04 0.00 I-A-3 0.00 14,~~775~~545,745.8619 ~~273~~766,~~610~~186.7920 0.00 I-X-3 0.00 0.00 12,240.62 0.00 II-A-1 0.00 ~~160~~152,~~335~~958,~~859~~473.4650 54,~~711~~399,~~659~~895.9404 0.00 II-X-1 0.00 0.00 43,631.02 0.00 II-A-2 0.00 1030,~~243~~591,~~634~~694.8270 ~~364~~883,~~910~~479.94 0.00 II-X-2 0.00 ~~III~~0.00 5,225.27 0.00 II-X-3 0.00 0.00 12,029.42 0.00 II-A-3 0.00 3843,~~388~~473,~~804~~461.3062 ~~528~~1,~~341~~250,898.1106 0.00 IVIII-A-1 0.00 ~~163~~66,~~178~~784,~~641~~262.6945 61,~~781~~623,~~740~~999.8786 0.00 IVIII-X-1 0.00 0.00 31,918.14 0.00 III-A-2 0.00 1072,~~425~~894,~~334~~363.1246 ~~433~~1,~~279~~807,418.2216 0.00 VIII-A-3 0.00 3845,~~000~~184,~~384~~796.9788 ~~186~~1,~~350~~096,342.60 0.00 III-X-3 0.00 0.00 24,015.93 0.00 IV-A-1 0.00 110,164,326.92 742,493.37 0.00 IV-X-1 0.00 0.00 20,156.90 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 B-1 0.00 1512,~~807~~710,~~180~~424.8731 7456,~~316~~525.44 0.00 B-2 0.00 67,~~168~~450,~~634~~962.1444 2933,~~001~~135.4472 0.00 B-3 0.00 4,~~626~~382,~~550~~801.1184 2119,~~751~~491.4307 0.00 B-4 0.00 13,~~927~~944,~~530~~621.5331 917,~~062~~542.1641 0.00 B-5 0.00 2,~~313~~629,~~275~~780.0676 1011,~~875~~695.7209 0.00 B-6 0.00 1,~~928~~753,~~005~~415.5371 97,~~064~~797.3974 0.00 Totals 0.00 ~~583~~696,~~059~~702,~~504~~727.9894 1819,~~716~~675,~~531~~122.8140 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) I-A-1 ~~166~~50,~~273~~000,~~200~~000.00 ~~125~~38,~~754~~172,~~101~~404.5237 5610,~~299~~125.4604 31,~~771~~797,~~908~~916.5435 0.00 0.00 I-X-1 0.00 0.00 0.00 0.00 0.00 0.00 I-A-2 10124,~~623~~942,~~100~~700.00 895,~~034~~387,~~357~~265.8935 25,301.00 4,492,730.47 0.00 0.00 I-X-2 0.00 0.00 0.00 0.00 0.00 0.00 I-A-3 20,~~596~~000,000.9400 ~~240~~15,~~985~~268,961.0975 4,050.02 719,166.54 0.00 0.00 I-X-3 0.00 0.00 0.00 0.00 0.00 0.00 II-A-1 ~~224~~201,~~194~~000,~~900~~000.00 ~~165~~156,~~370~~758,~~214~~151.5933 ~~121~~61,~~377~~038.1018 43,~~912~~738,~~978~~639.0265 0.00 0.00 II-X-1 0.00 0.00 0.00 0.00 0.00 0.00 II-A-2 1440,~~323~~200,~~500~~000.00 1031,~~565~~351,~~272~~630.7527 712,~~754~~207.6164 ~~313~~747,~~883~~727.3393 0.00 0.00 ~~III~~II-X-2 0.00 0.00 0.00 0.00 0.00 0.00 II-X-3 0.00 0.00 0.00 0.00 0.00 0.00 II-A-3 5157,~~525~~127,~~800~~700.00 3844,~~748~~553,~~615~~396.10 23 17,~~354~~348.2011 ~~336~~1,~~456~~062,586.6049 0.00 0.00 IVIII-A-1 ~~222~~82,~~318~~547,~~100~~700.00 ~~169~~68,~~285~~152,~~376~~602.1492 ~~185~~33,~~198~~219.9596 51,~~921~~335,~~535~~120.5052 0.00 0.00 IVIII-X-1 0.00 0.00 0.00 0.00 0.00 0.00 III-A-2 1490,~~203~~100,~~700~~000.00 1074,~~815~~387,~~487~~893.7959 1136,~~832~~259.1925 ~~378~~1,~~321~~457,270.4887 0.00 0.00 VIII-A-3 3955,~~738~~850,~~800~~000.00 3846,~~047~~110,~~200~~586.7265 1822,~~151~~475.7091 28903,~~664~~313.0485 0.00 0.00 III-X-3 0.00 0.00 0.00 0.00 0.00 0.00 IV-A-1 124,868,600.00 110,448,747.69 43,809.22 240,611.55 0.00 0.00 IV-X-1 0.00 0.00 0.00 0.00 0.00 0.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 R-III 50.00 0.00 0.00 0.00 0.00 0.00 B-1 1512,~~911~~754,~~900~~500.00 1512,~~819~~715,~~157~~361.0857 114,~~976~~937.2126 0.00 0.00 0.00 B-2 67,~~209~~476,~~500~~800.00 67,~~173~~453,~~307~~856.7771 42,~~673~~894.6327 0.00 0.00 0.00 B-3 4,~~657~~398,~~200~~000.00 4,~~630~~384,~~055~~504.3931 31,~~505~~702.2846 0.00 0.00 0.00 B-4 13,~~940~~958,300.00 13,~~928~~946,~~990~~153.9157 1,~~460~~532.3826 0.00 0.00 0.00 B-5 2,~~328~~638,~~600~~900.00 2,~~315~~630,~~027~~802.7028 1,~~752~~021.6452 0.00 0.00 0.00 B-6 1,~~940~~759,~~777~~495.9699 1,~~929~~754,~~466~~096.2781 ~~1,460~~681.7410 0.00 0.00 0.00 Totals ~~776~~879,~~189~~622,~~477~~845.9699 ~~599~~713,~~416~~476,~~631~~415.6240 ~~452~~278,~~394~~603.0320 1516,~~904~~495,~~732~~084.6022 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 I-A-1 31,~~828~~808,~~208~~041.0040 ~~121~~36,~~925~~364,~~893~~362.5297 0.~~73328650~~72728726 31,~~828~~808,~~208~~041.40 I-X-1 0.00 0.00 0.00000000 0.00 I-A-2 ~~244~~4,~~582~~518,031.0347 790,~~789~~869,~~775~~233.8688 0.~~73328650~~72728726 ~~244~~4,~~582~~518,031.0347 I-X-2 0.00 0.00 0.00000000 0.00 I-A-3 723,216.56 14,545,745.19 0.72728726 723,216.56 I-X-3 0.00 0.00 0.00000000 0.00 II-A-1 53,~~034~~799,~~355~~677.1283 ~~160~~152,~~335~~958,~~859~~473.4650 0.~~71516283~~76098743 53,~~034~~799,~~355~~677.1283 II-X-1 0.00 0.00 0.00000000 0.00 II-A-2 ~~321~~759,~~637~~935.9457 1030,~~243~~591,~~634~~694.8270 0.~~71516283~~76098743 ~~321~~759,~~637~~935.9457 ~~III~~II-X-2 0.00 0.00 0.00000000 0.00 II-X-3 0.00 0.00 0.00000000 0.00 II-A-3 ~~359~~1,~~810~~079,934.8060 3843,~~388~~473,~~804~~461.3062 0.~~74504043~~76098743 ~~359~~1,~~810~~079,934.8060 IVIII-A-1 61,~~106~~368,~~734~~340.4547 ~~163~~66,~~178~~784,~~641~~262.6945 0.~~73398721~~80903844 61,~~106~~368,~~734~~340.4547 IVIII-X-1 0.00 0.00 0.00000000 0.00 III-A-2 ~~390~~1,~~153~~493,530.6813 1072,~~425~~894,~~334~~363.1246 0.~~73398721~~80903844 ~~390~~1,~~153~~493,530.6813 VIII-A-3 46925,~~815~~789.7476 3845,~~000~~184,~~384~~796.9788 0.~~95625396~~80903844 46925,~~815~~789.7476 III-X-3 0.00 0.00 0.00000000 0.00 IV-A-1 284,420.77 110,164,326.92 0.88224203 284,420.77 IV-X-1 0.00 0.00 0.00000000 0.00 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 B-1 114,~~976~~937.2126 1512,~~807~~710,~~180~~424.8731 0.~~99341882~~99654430 114,~~976~~937.2126 B-2 42,~~673~~894.6327 67,~~168~~450,~~634~~962.1444 0.~~99341882~~99654430 42,~~673~~894.6327 B-3 31,~~505~~702.2846 4,~~626~~382,~~550~~801.1184 0.~~99341882~~99654430 31,~~505~~702.2846 B-4 1,~~460~~532.3826 13,~~927~~944,~~530~~621.5331 0.~~99341882~~99654430 1,~~460~~532.3826 B-5 1,~~752~~021.6452 2,~~313~~629,~~275~~780.0676 0.~~99341882~~99654430 1,~~752~~021.6452 B-6 ~~1,460~~681.7410 1,~~928~~753,~~005~~415.5371 0.~~99341891~~99654431 ~~1,460~~681.7410 Totals 16,~~357~~773,~~126~~687.6443 ~~583~~696,~~059~~702,~~504~~727.9894 0.~~75118192~~79204710 16,~~357~~773,~~126~~687.6443

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 ~~166~~50,~~273~~000,~~200~~000.00 ~~756~~763.~~31010602~~44808740 0.~~33859612~~20250080 2235.~~68500600~~95832700 0.00000000 I-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-2 10124,~~623~~942,~~100~~700.00 ~~756~~763.~~31010628~~44808740 0.~~33859608~~20250083 2235.~~68500626~~95832706 0.00000000 I-X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 20,000,000.00 763.44808750 0.20250100 35.95832700 0.00000000 I-X-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 ~~224~~201,~~194~~000,~~900~~000.00 ~~737~~779.~~61809296~~89130015 0.~~54139100~~30367254 2118.~~91387057~~60019726 0.00000000 II-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 1440,~~323~~200,~~500~~000.00 ~~737~~779.~~61809264~~89130025 0.~~54139072~~30367264 2118.~~91387091~~60019726 0.00000000 ~~III~~II-X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-X-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 5157,~~525~~127,~~800~~700.00 ~~752~~779.~~02355131~~89130019 0.~~45325255~~30367247 618.~~52986659~~60019728 0.00000000 IVIII-A-1 ~~222~~82,~~318~~547,~~100~~700.00 ~~761~~825.~~45566258~~61480114 0.~~83303586~~40243350 2616.~~63541790~~17392756 0.00000000 IVIII-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A-2 1490,~~203~~100,~~700~~000.00 ~~761~~825.~~45566226~~61480122 0.~~83303576~~40243341 2616.~~63541753~~17392752 0.00000000 VIII-A-3 3955,~~738~~850,~~800~~000.00 ~~957~~825.~~43204928~~61480125 0.~~45677524~~40243348 16.17392748 0.~~72131116~~00000000 III-X-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 IV-A-1 124,868,600.00 884.51978872 0.35084257 1.92691798 0.00000000 IV-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 1512,~~911~~754,~~900~~500.00 ~~994~~996.~~17147418~~93140225 0.~~75265745~~38709946 0.00000000 0.00000000 B-2 67,~~209~~476,~~500~~800.00 ~~994~~996.~~17147435~~93140247 0.~~75265802~~38710010 0.00000000 0.00000000 B-3 4,~~657~~398,~~200~~000.00 ~~994~~996.~~17147428~~93140291 0.~~75265825~~38709868 0.00000000 0.00000000 B-4 13,~~940~~958,300.00 ~~994~~996.~~17147348~~93140237 0.~~75265681~~38710052 0.00000000 0.00000000 B-5 2,~~328~~638,~~600~~900.00 ~~994~~996.~~17147642~~93140324 0.~~75265825~~38710069 0.00000000 0.00000000 B-6 1,~~940~~759,~~777~~495.9699 ~~994~~996.~~17156922~~93140534 0.~~75265694~~38709949 0.00000000 0.00000000 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 I-A-1 0.00000000 2336.~~02360212~~16082800 ~~733~~727.~~28650390~~28725940 0.~~73328650~~72728726 2336.~~02360212~~16082800 I-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-2 0.00000000 2336.~~02360234~~16082788 ~~733~~727.~~28650394~~28725952 0.~~73328650~~72728726 2336.~~02360234~~16082788 I-X-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 0.00000000 36.16082800 727.28725950 0.72728726 36.16082800 I-X-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 2218.~~45526156~~90386980 ~~715~~760.~~16283136~~98743035 0.~~71516283~~76098743 2218.~~45526156~~90386980 II-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 0.00000000 2218.~~45526163~~90386990 ~~715~~760.~~16283171~~98743035 0.~~71516283~~76098743 2218.~~45526163~~90386990 ~~III~~II-X-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-X-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 0.00000000 618.~~98311914~~90386975 ~~745~~760.~~04043217~~98743027 0.~~74504043~~76098743 618.~~98311914~~90386975 IVIII-A-1 0.00000000 2716.~~46845376~~57636094 ~~733~~809.~~98720882~~03844020 0.~~73398721~~80903844 2716.~~46845376~~57636094 IVIII-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A-2 0.00000000 2716.~~46845399~~57636104 ~~733~~809.~~98720897~~03844018 0.~~73398721~~80903844 2716.~~46845399~~57636104 VIII-A-3 0.00000000 16.57636097 809.03844011 0.80903844 16.57636097 III-X-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 IV-A-1 0.~~17808640~~00000000 ~~956~~2.~~25396263~~27776054 882.24202818 0.~~95625396~~88224203 2.27776054 IV-X-1 0.~~17808640~~00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.~~75265745~~38709946 ~~993~~996.~~41881673~~54430280 0.~~99341882~~99654430 0.~~75265745~~38709946 B-2 0.00000000 0.~~75265802~~38710010 ~~993~~996.~~41881633~~54430238 0.~~99341882~~99654430 0.~~75265802~~38710010 B-3 0.00000000 0.~~75265825~~38709868 ~~993~~996.~~41881603~~54430196 0.~~99341882~~99654430 0.~~75265825~~38709868 B-4 0.00000000 0.~~75265681~~38710052 ~~993~~996.~~41881668~~54430185 0.~~99341882~~99654430 0.~~75265681~~38710052 B-5 0.00000000 0.~~75265825~~38710069 ~~993~~996.~~41881817~~54430255 0.~~99341882~~99654430 0.~~75265825~~38710069 B-6 0.00000000 0.~~75265694~~38709949 ~~993~~996.~~41891228~~54430585 0.~~99341891~~99654431 0.~~75265694~~38709949 (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 I-A-1 ~~166~~50,~~273~~000,~~200~~000.00 43.~~33569~~09902% ~~125~~38,~~754~~172,~~101~~404.5237 ~~454~~98,~~359~~580.4081 0.00 0.00 I-X-1 0.00 1.24000% 38,172,404.37 39,444.82 0.00 0.00 I-A-2 10124,~~623~~942,~~100~~700.00 4.~~33569~~24902% 895,~~034~~387,~~357~~265.8935 29337,~~028~~751.7686 0.00 0.00 I-X-2 0.00 0.09000% 95,387,265.35 7,154.04 0.00 0.00 I-A-3 20,000,000.00 3.37702% 15,268,961.75 42,969.64 0.00 0.00 I-X-3 0.00 0.96200% 15,268,961.75 12,240.62 0.00 0.00 II-A-1 ~~224~~201,~~194~~000,~~900~~000.00 4.~~91483~~59473% ~~165~~156,~~370~~758,~~214~~151.5933 ~~677~~600,~~304~~217.8221 0.00 0.00 II-X-1 0.00 0.33400% 156,758,151.33 43,631.02 0.00 0.00 II-A-2 1440,~~323~~200,~~500~~000.00 4.~~91483~~72873% 1031,~~565~~351,~~272~~630.7527 43123,~~272~~544.0637 0.00 0.00 ~~III~~II-X-2 0.00 0.20000% 31,351,630.27 5,225.27 0.00 0.00 II-X-3 0.00 0.32400% 44,553,396.23 12,029.42 0.00 0.00 II-A-3 5157,~~525~~127,~~800~~700.00 54.~~21919~~60473% 3844,~~748~~553,~~615~~396.1023 ~~168~~170,~~530~~963.3146 0.00 0.00 IVIII-A-1 ~~222~~82,~~318~~547,~~100~~700.00 4.~~78487~~50153% ~~169~~68,~~285~~152,~~376~~602.1492 ~~675~~255,~~006~~659.4239 0.00 0.00 IVIII-X-1 0.00 0.56200% 68,152,602.92 31,918.14 0.00 0.00 III-A-2 1490,~~203~~100,~~700~~000.00 5.06353% 74,387,893.59 313,888.03 0.00 0.00 III-A-3 55,850,000.00 4.~~78487~~43853% 1046,~~815~~110,~~487~~586.7965 43170,~~125~~552.5485 0.00 0.00 VIII-X-3 0.00 0.62500% 46,110,586.65 24,015.93 0.00 0.00 IV-A-1 39124,~~738~~868,~~800~~600.00 4.~~40091~~97685% 38110,~~047~~448,~~200~~747.7269 ~~139~~458,~~535~~072.1661 0.00 0.00 IV-X-1 0.00 0.21900% 110,448,747.69 20,156.90 0.00 0.00 R-I 50.00 4.~~38872~~38232% 0.00 0.00 0.00 0.00 R-II 50.00 4.~~38872~~38232% 0.00 0.00 0.00 0.00 R-III 50.00 4.38232% 0.00 0.00 0.00 0.00 B-1 1512,~~911~~754,~~900~~500.00 4.~~72897~~86858% 1512,~~819~~715,~~157~~361.0857 6251,~~340~~588.2318 0.00 0.00 B-2 67,~~209~~476,~~500~~800.00 4.~~72897~~86858% 67,~~173~~453,~~307~~856.7771 2430,~~327~~241.8145 0.00 0.00 B-3 4,~~657~~398,~~200~~000.00 4.~~72897~~86858% 4,~~630~~384,~~055~~504.3931 1817,~~246~~788.1561 0.00 0.00 B-4 13,~~940~~958,300.00 4.~~72897~~86858% 13,~~928~~946,~~990~~153.9157 716,~~601~~010.7815 0.00 0.00 B-5 2,~~328~~638,~~600~~900.00 4.~~72897~~86858% 2,~~315~~630,~~027~~802.7028 910,~~123~~673.0857 0.00 0.00 B-6 1,~~940~~759,~~777~~495.9699 4.~~72897~~86858% 1,~~929~~754,~~466~~096.2781 7,~~603~~116.6564 0.00 0.00 Totals ~~776~~879,~~189~~622,~~477~~845.9699 2,~~359~~901,~~405~~434.1799 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 I-A-1 0.00 0.00 ~~454~~98,~~359~~580.4081 0.00 ~~121~~36,~~925~~364,~~893~~362.5297 I-X-1 0.00 0.00 39,444.82 0.00 36,364,362.97 I-A-2 0.00 0.00 29337,~~028~~751.7686 0.00 90,869,233.88 I-X-2 0.00 0.00 7,~~789~~154.04 0.00 90,~~775~~869,233.8688 I-A-3 0.00 0.00 42,969.64 0.00 14,545,745.19 I-X-3 0.00 0.00 12,240.62 0.00 14,545,745.19 II-A-1 0.00 0.00 ~~677~~600,~~304~~217.8221 0.00 ~~160~~152,~~335~~958,~~859~~473.4650 II-X-1 0.00 0.00 43,631.02 0.00 152,958,473.50 II-A-2 0.00 0.00 123,544.37 0.00 30,591,694.70 II-X-2 0.00 0.00 5,225.27 0.00 30,591,694.70 II-X-3 0.00 0.00 12,029.42 0.00 43,~~272~~473,461.0662 II-A-3 0.00 100.00 170,~~243~~963.46 0.00 43,~~634~~473,461.8262 III-A-1 0.00 0.00 ~~168~~255,~~530~~659.3139 0.00 3866,~~388~~784,~~804~~262.3045 IVIII-AX-1 0.00 0.00 ~~675~~31,~~006~~918.4214 0.00 ~~163~~66,~~178~~784,~~641~~262.6945 IVIII-A-2 0.00 0.00 43313,~~125~~888.5403 0.00 1072,~~425~~894,~~334~~363.1246 VIII-A-3 0.00 0.00 ~~139~~170,~~535~~552.1684 0.00 3845,~~000~~184,~~384~~796.9788 III-X-3 0.00 0.00 24,015.93 0.00 45,184,796.88 IV-A-1 0.00 0.00 458,072.60 0.00 110,164,326.92 IV-X-1 0.00 0.00 20,156.90 0.00 110,164,326.92 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 6251,~~340~~588.2318 0.00 1512,~~807~~710,~~180~~424.8731 B-2 0.00 0.00 2430,~~327~~241.8145 0.00 67,~~168~~450,~~634~~962.1444 B-3 0.00 0.00 1817,~~246~~788.1561 0.00 4,~~626~~382,~~550~~801.1184 B-4 0.00 0.00 716,~~601~~010.7815 0.00 13,~~927~~944,~~530~~621.5331 B-5 0.00 0.00 910,~~123~~673.0857 0.00 2,~~313~~629,~~275~~780.0676 B-6 0.00 0.00 7,~~603~~116.6564 0.00 1,~~928~~753,~~005~~415.5371 Totals 0.00 0.00 2,~~359~~901,~~405~~434.1797 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 I-A-1 ~~166~~50,~~273~~000,~~200~~000.00 43.~~33569~~09902% ~~756~~763.~~31010602~~44808740 21.~~73260754~~97161620 0.00000000 0.00000000 I-X-1 0.00 1.24000% 763.44808740 0.78889640 0.00000000 0.00000000 I-A-2 10124,~~623~~942,~~100~~700.00 4.~~33569~~24902% ~~756~~763.~~31010628~~44808740 2.~~73260724~~70325405 0.00000000 0.00000000 I-X-2 0.00 0.09000% 763.44808740 0.05725857 0.00000000 0.00000000 I-A-3 20,000,000.00 3.37702% 763.44808750 2.14848200 0.00000000 0.00000000 I-X-3 0.00 0.96200% 763.44808750 0.61203100 0.00000000 0.00000000 II-A-1 ~~224~~201,~~194~~000,~~900~~000.00 4.~~91483~~59473% ~~737~~779.~~61809296~~89130015 32.~~02105365~~98615527 0.00000000 0.00000000 II-X-1 0.00 0.33400% 779.89130015 0.21706975 0.00000000 0.00000000 II-A-2 1440,~~323~~200,~~500~~000.00 4.~~91483~~72873% ~~737~~779.~~61809264~~89130025 3.~~02105351~~07324303 0.00000000 0.00000000 ~~III~~II-X-2 0.00 0.20000% 779.89130025 0.12998184 0.00000000 0.00000000 II-X-3 0.00 0.32400% 779.89130019 0.21057070 0.00000000 0.00000000 II-A-3 5157,~~525~~127,~~800~~700.00 54.~~21919~~60473% ~~752~~779.~~02355131~~89130019 32.~~27079463~~99265435 0.00000000 0.00000000 IVIII-A-1 ~~222~~82,~~318~~547,~~100~~700.00 4.~~78487~~50153% ~~761~~825.~~45566258~~61480114 3.~~03621891~~09711100 0.00000000 0.00000000 IVIII-X-1 0.00 0.56200% 825.61480114 0.38666298 0.00000000 0.00000000 III-A-2 1490,~~203~~100,~~700~~000.00 5.06353% 825.61480122 3.48377392 0.00000000 0.00000000 III-A-3 55,850,000.00 4.~~78487~~43853% ~~761~~825.~~45566226~~61480125 3.~~03621873~~05376634 0.00000000 0.00000000 VIII-X-3 0.00 0.62500% 825.61480125 0.43000770 0.00000000 0.00000000 IV-A-1 39124,~~738~~868,~~800~~600.00 4.~~40091~~97685% ~~957~~884.~~43204928~~51978872 3.~~51130784~~66843714 0.00000000 0.00000000 IV-X-1 0.00 0.21900% 884.51978872 0.16142489 0.00000000 0.00000000 R-I 50.00 4.~~38872~~38232% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 4.~~38872~~38232% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 4.38232% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 1512,~~911~~754,~~900~~500.00 4.~~72897~~86858% ~~994~~996.~~17147418~~93140225 34.~~91783696~~04470422 0.00000000 0.00000000 B-2 67,~~209~~476,~~500~~800.00 4.~~72897~~86858% ~~994~~996.~~17147435~~93140247 34.~~91783718~~04470495 0.00000000 0.00000000 B-3 4,~~657~~398,~~200~~000.00 4.~~72897~~86858% ~~994~~996.~~17147428~~93140291 34.~~91783690~~04470441 0.00000000 0.00000000 B-4 13,~~940~~958,300.00 4.~~72897~~86858% ~~994~~996.~~17147348~~93140237 34.~~91783745~~04470353 0.00000000 0.00000000 B-5 2,~~328~~638,~~600~~900.00 4.~~72897~~86858% ~~994~~996.~~17147642~~93140324 34.~~91783904~~04470423 0.00000000 0.00000000 B-6 1,~~940~~759,~~777~~495.9699 4.~~72897~~86858% ~~994~~996.~~17156922~~93140534 34.~~91783612~~04470373 0.00000000 0.00000000 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 I-A-1 0.00000000 0.00000000 21.~~73260754~~97161620 0.00000000 ~~733~~727.~~28650390~~28725940 I-X-1 0.00000000 0.00000000 0.78889640 0.00000000 727.28725940 I-A-2 0.00000000 0.00000000 2.~~73260724~~70325405 0.00000000 ~~733~~727.~~28650394~~28725952 I-X-2 0.00000000 0.00000000 0.05725857 0.00000000 727.28725952 I-A-3 0.00000000 0.00000000 2.14848200 0.00000000 727.28725950 I-X-3 0.00000000 0.00000000 0.61203100 0.00000000 727.28725950 II-A-1 0.00000000 0.00000000 32.~~02105365~~98615527 0.00000000 ~~715~~760.~~16283136~~98743035 II-X-1 0.00000000 0.00000000 0.21706975 0.00000000 760.98743035 II-A-2 0.00000000 0.00000000 3.~~02105351~~07324303 0.00000000 ~~715~~760.~~16283171~~98743035 ~~III~~II-AX-2 0.00000000 0.00000000 0.12998184 0.00000000 760.98743035 II-X-3 0.~~27079463~~00000000 0.00000000 ~~745~~0.~~04043217~~21057070 IV0.00000000 760.98743027 II-A-3 0.00000000 0.00000000 2.99265435 0.00000000 760.98743027 III-A-1 0.00000000 0.00000000 3.~~03621891~~09711100 0.00000000 ~~733~~809.~~98720882~~03844020 IVIII-X-1 0.00000000 0.00000000 0.38666298 0.00000000 809.03844020 III-A-2 0.00000000 0.00000000 3.~~03621873~~48377392 0.00000000 ~~733~~809.~~98720897~~03844018 VIII-A-3 0.00000000 0.00000000 3.~~51130784~~05376616 0.00000000 ~~956~~809.~~25396263~~03844011 III-X-3 0.00000000 0.00000000 0.43000770 0.00000000 809.03844011 IV-A-1 0.00000000 0.00000000 3.66843706 0.00000000 882.24202818 IV-X-1 0.00000000 0.00000000 0.16142489 0.00000000 882.24202818 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 34.~~91783696~~04470422 0.00000000 ~~993~~996.~~41881673~~54430280 B-2 0.00000000 0.00000000 34.~~91783718~~04470495 0.00000000 ~~993~~996.~~41881633~~54430238 B-3 0.00000000 0.00000000 34.~~91783690~~04470441 0.00000000 ~~993~~996.~~41881603~~54430196 B-4 0.00000000 0.00000000 34.~~91783745~~04470353 0.00000000 ~~993~~996.~~41881668~~54430185 B-5 0.00000000 0.00000000 34.~~91783904~~04470423 0.00000000 ~~993~~996.~~41881817~~54430255 B-6 0.00000000 0.00000000 34.~~91783612~~04470373 0.00000000 ~~993~~996.~~41891228~~54430585 (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 1819,~~852~~837,~~820~~941.5750 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 4044,~~287~~196.2469 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 1819,~~893~~882,~~107~~138.8119 Withdrawals Reimbursement for Servicer Advances 4440,~~460~~334.1183 Payment of Service Fee ~~132~~166,~~115~~680.8996 Payment of Interest and Principal 1819,~~716~~675,~~531~~122.8140 Total Withdrawals (Pool Distribution Amount) 1819,~~893~~882,~~107~~138.8119 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~129~~140,~~187~~878.6590 Additional Alliance Service Fee 20,353.85 Miscellaneous Fee 25,~~928~~448.2421 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~132~~166,~~115~~680.8996

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 12 0 0 12 75493,~~101~~824.4748 0.00 0.00 75493,~~101~~824.4748 30 Days 1319 0 0 0 1319 57,~~582~~092,~~508~~447.9931 0.00 0.00 0.00 57,~~582~~092,~~508~~447.9931 60 Days 25 0 0 0 25 1,~~584~~529,~~047~~107.0071 0.00 0.00 0.00 1,~~584~~529,~~047~~107.0071 90 Days 21 0 0 0 21 ~~568~~695,~~439~~451.0500 0.00 0.00 0.00 ~~568~~695,~~439~~451.0500 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 01 0 0 01 0.00 0128,000.00 0.00 0.00 0128,000.00 180+ Days 0 0 0 10 10 0.00 0.00 0.00 ~~560,000~~0.00 ~~560,000~~0.00 Totals 1725 13 0 10 1928 79,~~734~~317,~~995~~006.0402 75621,~~101~~824.4748 0.00 ~~560,000~~0.00 89,~~370~~938,~~096~~830.5150 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.~~068776~~103040% 0.000000% 0.000000% 0.~~068776~~103040% 0.~~012873~~070859% 0.000000% 0.000000% 0.~~012873~~070859% 30 Days 0.~~894085~~978877% 0.000000% 0.000000% 0.000000% 0.~~894085~~978877% 01.~~956881~~017700% 0.000000% 0.000000% 0.000000% 01.~~956881~~017700% 60 Days 0.~~137552~~257599% 0.000000% 0.000000% 0.000000% 0.~~137552~~257599% 0.~~271517~~219413% 0.000000% 0.000000% 0.000000% 0.~~271517~~219413% 90 Days 0.~~137552~~051520% 0.000000% 0.000000% 0.000000% 0.~~137552~~051520% 0.~~097434~~099791% 0.000000% 0.000000% 0.000000% 0.~~097434~~099791% 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~~051520% 0.000000% 0.000000% 0.~~000000~~051520% 0.000000% 0.~~000000~~018367% 0.000000% 0.000000% 0.~~000000~~018367% 180+ Days 0.000000% 0.000000% 0.000000% 0.~~068776~~000000% 0.~~068776~~000000% 0.000000% 0.000000% 0.000000% 0.~~095988~~000000% 0.~~095988~~000000% Totals 1.~~169188~~287996% 0.~~068776~~154560% 0.000000% 0.~~068776~~000000% 1.~~306740~~442555% 1.~~325832~~336903% 0.~~012873~~089226% 0.000000% 0.~~095988~~000000% 1.~~434693~~426129%

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 01 0 0 01 0297,824.0048 0.00 0.00 0297,824.0048 30 Days 56 0 0 0 56 21,~~411~~904,~~881~~688.1469 0.00 0.00 0.00 21,~~411~~904,~~881~~688.1469 60 Days 12 0 0 0 12 ~~596~~595,~~911~~706.2686 0.00 0.00 0.00 ~~596~~595,~~911~~706.2686 90 Days 01 0 0 0 01 0695,451.00 0.00 0.00 0.00 0695,451.00 120 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 10 10 0.00 0.00 0.00 ~~560,000~~0.00 ~~560,000~~0.00 Totals 69 1 0 0 110 7 3,~~008~~195,~~792~~846.4055 0297,824.0048 0.00 ~~560,000~~0.00 3,~~568~~493,~~792~~671.4003 0-29 Days 0.~~000000~~217391% 0.000000% 0.000000% 0.~~000000~~217391% 0.~~000000~~199360% 0.000000% 0.000000% 0.~~000000~~199360% 30 Days 1.~~845018~~304348% 0.000000% 0.000000% 0.000000% 1.~~845018~~304348% 1.~~753032~~274977% 0.000000% 0.000000% 0.000000% 1.~~753032~~274977% 60 Days 0.~~369004~~434783% 0.000000% 0.000000% 0.000000% 0.~~369004~~434783% 0.~~433854~~398759% 0.000000% 0.000000% 0.000000% 0.~~433854~~398759% 90 Days 0.~~000000~~217391% 0.000000% 0.000000% 0.000000% 0.~~000000~~217391% 0.~~000000~~465527% 0.000000% 0.000000% 0.000000% 0.~~000000~~465527% 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.~~369004~~000000% 0.~~369004~~000000% 0.000000% 0.000000% 0.000000% 0.~~407026~~000000% 0.~~407026~~000000% Totals 21.~~214022~~956522% 0.~~000000~~217391% 0.000000% 0.~~369004~~000000% 2.~~583026~~173913% 2.~~186886~~139263% 0.~~000000~~199360% 0.000000% 0.~~407026~~000000% 2.~~593911~~338623% 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 210 0 0 0 210 13,~~028~~984,~~467~~650.6447 0.00 0.00 0.00 13,~~028~~984,~~467~~650.6447 60 Days 02 0 0 0 02 0575,217.0010 0.00 0.00 0.00 0575,217.0010 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 01 0 0 01 0.00 0128,000.00 0.00 0.00 0128,000.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 212 01 0 0 213 14,~~028~~559,~~467~~867.6457 0128,000.00 0.00 0.00 14,~~028~~687,~~467~~867.6457 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~527704~~555210% 0.000000% 0.000000% 0.000000% 01.~~527704~~555210% 01.~~567583~~669462% 0.000000% 0.000000% 0.000000% 01.~~567583~~669462% 60 Days 0.~~000000~~311042% 0.000000% 0.000000% 0.000000% 0.~~000000~~311042% 0.~~000000~~241001% 0.000000% 0.000000% 0.000000% 0.~~000000~~241001% 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~~155521% 0.000000% 0.000000% 0.~~000000~~155521% 0.000000% 0.~~000000~~053629% 0.000000% 0.000000% 0.~~000000~~053629% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 01.~~527704~~866252% 0.~~000000~~155521% 0.000000% 0.000000% 02.~~527704~~021773% 01.~~567583~~910462% 0.~~000000~~053629% 0.000000% 0.000000% 01.~~567583~~964091% 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 01 0 0 01 0196,000.00 0.00 0.00 0196,000.00 30 Days 23 0 0 0 23 ~~668~~1,~~525~~203,108.0715 0.00 0.00 0.00 ~~668~~1,~~525~~203,108.0715 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 23 01 0 0 24 ~~668~~1,~~525~~203,108.0715 0196,000.00 0.00 0.00 ~~668~~1,~~525~~399,108.0715 0-29 Days 0.~~000000~~180832% 0.000000% 0.000000% 0.~~000000~~180832% 0.~~000000~~101137% 0.000000% 0.000000% 0.~~000000~~101137% 30 Days 20.~~083333~~542495% 0.000000% 0.000000% 0.000000% 20.~~083333~~542495% 10.~~643273~~620812% 0.000000% 0.000000% 0.000000% 10.~~643273~~620812% 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 ~~2.083333%~~ 0.~~000000~~542495% 0.~~000000~~180832% 0.000000% ~~2.083333% 1.643273%~~ 0.000000% 0.~~000000~~723327% 0.~~000000~~620812% 1.643273% 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 1 0 0 1 75,101~~.47 0.00 0.00 75,101.47 30 Days 4 0 0 0 4 1,473,635.14 0.00 0.00 0.00 1,473,635.14 60 Days 1 0 0 0 1 987,135.74 0.00 0.00 0.00 987,135.74 90 Days 2 0 0 0 2 568,439.05 0.00 0.00 0.00 568,439.05 120 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 7 1 0 0 8 3,029,209.93 75,101.47 0.00 0.00 3,104,311.40 0-29 Days 0.158479101137% 0.000000% 0.000000% 0.~~158479~~721950% 0.040779% 0.000000% 0.000000% 0.040779% 30 Days 0.633914% 0.000000% 0.000000% 0.000000% 0.633914% 0.800157% 0.000000% 0.000000% 0.000000% 0.800157% 60 Days 0.158479% 0.000000% 0.000000% 0.000000% 0.158479% 0.535997% 0.000000% 0.000000% 0.000000% 0.535997% 90 Days 0.316957% 0.000000% 0.000000% 0.000000% 0.316957% 0.308652% 0.000000% 0.000000% 0.000000% 0.308652% 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 1.109350% 0.158479% 0.000000% 0.000000% 1.267829% 1.644806% 0.040779% 0.000000% 0.000000% 1.685585% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 54 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 01 0 0 0 01 0358,183.0075 0.00 0.00 0.00 0358,183.0075 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 01 0 0 0 01 0358,183.0075 0.00 0.00 0.00 0358,183.0075 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~~350877% 0.000000% 0.000000% 0.000000% 0.~~000000~~350877% 0.~~000000~~311342% 0.000000% 0.000000% 0.000000% 0.~~000000~~311342% 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~~350877% 0.000000% 0.000000% 0.000000% 0.~~000000~~350877% 0.~~000000~~311342% 0.000000% 0.000000% 0.000000% 0.~~000000~~311342%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 4044,~~287~~196.2469

COLLATERAL STATEMENT Collateral Description ~~Fixed &~~ Mixed ARM Weighted Average Gross Coupon 45.~~987892~~160281% Weighted Average Net Coupon 4.~~729265~~923336% Weighted Average Pass-Through Rate 4.~~723403~~879940% Weighted Average Maturity(Stepdown Calculation ) 350 Beginning Scheduled Collateral Loan Count 1,~~494~~988 Number Of Loans Paid In Full 4047 Ending Scheduled Collateral Loan Count 1,~~454~~941 Beginning Scheduled Collateral Balance ~~599~~713,~~416~~476,~~631~~415.32 Ending Scheduled Collateral Balance ~~583~~696,~~059~~702,~~504~~727.6890 Ending Actual Collateral Balance at 31-~~Jul~~Aug-2004 ~~583~~696,~~406~~909,~~814~~667.5694 Monthly P &I Constant 23,~~943~~346,~~915~~719.1108 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~583~~696,~~059~~702,~~504~~727.6890 Scheduled Principal ~~452~~278,~~394~~603.0419 Unscheduled Principal 1516,~~904~~495,~~732~~084.6023

Miscellaneous Reporting ~~Senior~~Average ~~Percentage~~Loss Severity Group 1 940.~~474139%~~00 ~~Senior~~Average ~~Prepayment~~Loss ~~Percentage~~Severity Group 12 ~~100~~0.~~000000%~~00 ~~Subordinate~~Average ~~Percentage~~Loss Severity Group 13 50.~~525861%~~00 ~~Subordinate~~Average ~~Prepay~~Loss ~~Percentage~~Severity Group 14 0.~~000000%~~00 Senior Percentage Group 21 9495.~~354212~~154829% Senior ~~Prepayment~~ Percentage Group 2 ~~100~~95.~~000000~~256010% ~~Subordinate~~Senior Percentage Group 23 595.~~645788~~509576% ~~Subordinate~~Senior ~~Prepay~~ Percentage Group 24 095.~~000000~~793675% Senior Prepay Percentage Group 31 94100.~~452837~~000000% Senior ~~Prepayment~~Prepay Percentage Group 32 100.000000% ~~Subordinate~~Senior Prepay Percentage Group 3 5100.~~547163~~000000% ~~Subordinate~~Senior Prepay Percentage Group 34 0100.000000% ~~Senior~~Subordinate Percentage Group 41 944.~~535691~~845171% ~~Senior~~Subordinate ~~Prepayment~~ Percentage Group 42 ~~100~~4.~~000000~~743990% Subordinate Percentage Group 43 54.~~464309~~490424% Subordinate ~~Prepay~~ Percentage Group 4 04.~~000000~~206325% ~~Senior~~Subordinate Prepay Percentage Group 51 950.~~584688~~000000% ~~Senior~~Subordinate ~~Prepayment~~Prepay Percentage Group 52 ~~100~~0.000000% Subordinate Prepay Percentage Group 53 40.~~415312~~000000% Subordinate Prepay Percentage Group 54 0.000000%

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description ~~Fixed~~Mixed ~~15/30 &~~ ARM ~~Fixed~~Mixed ~~15/30 &~~ ARM ~~Fixed~~Mixed ~~15/30 &~~ ARM Weighted Average Coupon Rate 4.~~591267~~617384 5.~~173422~~215302 5.~~496468~~329738 Weighted Average Net Rate 4.~~341267~~387649 45.~~923422~~003414 5.~~224192~~082790 Weighted Average Maturity ~~351~~350 ~~351~~350 ~~351~~350 Beginning Loan Count ~~278~~478 ~~389~~658 97566 Loans Paid In Full 718 1015 113 Ending Loan Count ~~271~~460 ~~379~~643 96553 Beginning Scheduled Balance ~~141~~156,~~613~~406,~~851~~816.7266 ~~186~~244,~~462~~250,~~790~~405.5866 41197,~~024~~520,~~302~~606.0139 Ending scheduled Balance ~~137~~149,~~537~~355,~~558~~517.3116 ~~181~~238,~~099~~606,~~070~~345.7885 40193,~~663~~728,~~119~~622.6372 Record Date 0708/31/2004 0708/31/2004 0708/31/2004 Principal And Interest Constant ~~605~~643,~~222~~311.2941 ~~940~~1,~~734~~156,638.0473 ~~212~~973,~~633~~555.0892 Scheduled Principal 6341,~~399~~486.7813 ~~136~~95,~~858~~105.4574 2496,~~725~~278.7843 Unscheduled Principal 47,~~012~~009,~~893~~813.6337 5,~~226~~548,~~861~~954.3507 ~~336~~3,~~456~~695,705.6024 Scheduled Interest ~~541~~601,~~822~~825.5128 ~~803~~1,~~875~~061,532.5999 ~~187~~877,~~907~~277.3049 Servicing Fees 29,~~502~~943.8950 3843,~~846~~128.4108 940,~~308~~647.2977 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 ~~657~~6,338.7143 115,~~335~~202.7327 ~~171~~3,169.0045 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 ~~511~~565,~~661~~543.9135 ~~763~~1,~~693~~003,202.4564 ~~178~~833,~~428~~460.0127 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 4.~~335694~~339018 4.~~914826~~928725 5.~~219190~~063534

Group Level Collateral Statement Group Group 4 ~~Group 5~~ Total Collateral Description ~~Fixed~~Mixed ~~15/30 &~~ ARM ~~Fixed 15/30 & ARM Fixed &~~ Mixed ARM Weighted Average Coupon Rate 5.~~047038~~489887 45.~~722622~~160281 ~~4.987892~~ Weighted Average Net Rate 45.~~789676~~207216 4.~~400907~~923336 ~~4.729265~~ Weighted Average Maturity ~~348~~350 ~~349~~ 350 Beginning Loan Count ~~653~~286 77 1,~~494~~988 Loans Paid In Full 221 047 40 Ending Loan Count ~~631~~285 77 1,~~454~~941 Beginning Scheduled Balance ~~190~~115,~~510~~298,~~982~~586.4461 39713,~~804~~476,~~704~~415.~~57 599,416,631.~~32 Ending scheduled Balance ~~184~~115,~~002~~012,~~705~~242.6117 39696,~~757~~702,~~050~~727.3590 ~~583,059,504.68~~ Record Date 0708/31/2004 0708/31/2004 ~~07/31/2004~~ Principal And Interest Constant 1573,~~009,683~~213.3802 ~~175~~3,~~642.32 2~~346,~~943,915~~719.1108 Scheduled Principal ~~208~~45,~~419~~732.8589 18278,~~990~~603.1819 ~~452,394.04~~ Unscheduled Principal 6240,~~299,856~~611.9855 2816,~~664.04 15~~495,~~904,732~~084.6023 Scheduled Interest ~~801~~527,~~263~~480.5313 ~~156~~3,~~652.14 2~~068,~~491,521~~115.0789 Servicing Fees 4027,~~858~~159.5955 10140,~~671~~878.4790 ~~129,187.65~~ 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 ~~763~~1,091.8091 ~~0.00 2~~25,~~928~~802.2406 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 ~~759~~499,~~641~~228.~~14 145,980.~~67 2,~~359~~901,~~405~~434.1893 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 45.~~784865~~195853 4.~~400907 4.723403~~879940

Filing Compare · MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2003-9