8-K 1 bst03009_nov.txt NOVEMBER 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): November 26, 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 November 26, 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 November 26, 2004 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 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: 11/30/2004 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 November 26, 2004 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 810/31/042004 Distribution Date: 911/2726/042004 BST Series: 2003-9 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 07384MA85 SEN 3.~~09902~~07868% 3835,~~172~~489,~~404~~711.3741 9891,~~580~~051.8112 1,~~808~~631,~~041~~995.4045 I-X-1 07384MA93 SEN 1.24000% 0.00 3936,~~444~~672.8270 0.00 I-A-2 07384MB27 SEN 4.~~24902~~22868% 9588,~~387~~683,~~265~~607.3530 ~~337~~312,~~751~~511.8692 4,~~518~~078,~~031~~118.4735 I-X-2 07384MB35 SEN 0.09000% 0.00 76,~~154~~651.0427 0.00 I-A-3 07384MB43 SEN 3.~~37702~~35668% 1514,~~268~~195,~~961~~884.7556 4239,~~969~~709.6416 ~~723~~652,~~216~~798.5618 I-X-3 07384MB50 SEN 0.96200% 0.00 1211,~~240~~380.6237 0.00 II-A-1 07384MB68 SEN 4.~~59473~~59231% ~~156~~149,~~758~~441,~~151~~854.3351 ~~600~~571,~~217~~902.2110 35,~~799~~689,~~677~~074.8314 II-X-1 07384MB76 SEN 0.33400% 0.00 4341,~~631~~594.0265 0.00 II-A-2 07384MB84 SEN 4.~~72873~~72630% 3129,~~351~~888,~~630~~370.2790 ~~123~~117,~~544~~717.3796 ~~759~~1,~~935~~137,814.5783 II-X-2 07384MB92 SEN 0.20000% 0.00 54,~~225~~981.2740 0.00 II-X-3 07384MC34 SEN 0.32400% 0.00 1211,~~029~~467.4297 0.00 II-A-3 07384MC26 SEN 4.~~60473~~60231% 4442,~~553~~473,~~396~~977.2327 ~~170~~162,~~963~~898.4649 1,~~079~~616,~~934~~933.6093 III-A-1 07384MC42 SEN 4.~~50153~~49333% 6865,~~152~~637,~~602~~879.9259 ~~255~~245,~~659~~777.3915 12,~~368~~006,~~340~~093.4793 III-X-1 07384MC59 SEN 0.56200% 0.00 3130,~~918~~740.1441 0.00 III-A-2 07384MC67 SEN 5.~~06353~~05533% 7471,~~387~~643,~~893~~097.5988 ~~313~~301,~~888~~816.0318 12,~~493~~189,~~530~~631.1373 III-A-3 07384MC75 SEN 4.~~43853~~43033% 4644,~~110~~409,~~586~~178.6587 ~~170~~163,~~552~~956.8406 ~~925~~1,~~789~~357,280.7605 III-X-3 07384MC83 SEN 0.62500% 0.00 2423,~~015~~129.9378 0.00 IV-A-1 07384MC91 SEN 4.~~97685~~97076% ~~110~~108,~~448~~151,~~747~~388.6931 ~~458~~447,~~072~~995.6020 ~~284~~1,~~420~~304,475.7746 IV-X-1 07384MD25 SEN 0.21900% 0.00 2019,~~156~~737.9063 0.00 R-I 07384MD33 SEN 4.~~38232~~38225% 0.00 0.00 0.00 R-II 07384MD41 SEN 4.~~38232~~38225% 0.00 0.00 0.00 R-III 07384MD58 SEN 4.~~38232~~38225% 0.00 0.00 0.00 B-1 07384MD66 SUB 4.~~86858~~85989% 12,~~715~~705,~~361~~424.5774 51,~~588~~455.1881 45,~~937~~066.2602 B-2 07384MD74 SUB 4.~~86858~~85989% 7,~~453~~448,~~856~~031.7165 30,~~241~~163.4585 2,~~894~~969.2774 B-3 07384MD82 SUB 4.~~86858~~85989% 4,~~384~~381,~~504~~077.3189 17,~~788~~742.6197 1,~~702~~746.4686 B-4 07384MD90 SUB 4.~~86858~~85989% 3,~~946~~943,~~153~~069.5772 1615,~~010~~969.1507 1,~~532~~572.2622 B-5 07384ME24 SUB 4.~~86858~~85989% 2,~~630~~628,~~802~~746.2835 10,~~673~~646.5718 1,~~021~~048.5216 B-6 07384ME32 SUB 4.~~86858~~85989% 1,~~754~~752,~~096~~726.8101 7,~~116~~098.6438 ~~681~~698.1086 Totals ~~713~~682,~~476~~874,~~415~~026.4096 2,~~901~~774,~~434~~767.9778 1621,~~773~~677,~~687~~317.4391

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 3633,~~364~~857,~~362~~715.9796 1,~~906~~723,~~622~~046.2157 0.00 I-X-1 0.00 0.00 3936,~~444~~672.8270 0.00 I-A-2 0.00 9084,~~869~~605,~~233~~488.8895 4,~~855~~390,~~783~~630.3327 0.00 I-X-2 0.00 0.00 76,~~154~~651.0427 0.00 I-A-3 0.00 1413,~~545~~543,~~745~~086.1938 ~~766~~692,~~186~~507.2034 0.00 I-X-3 0.00 0.00 1211,~~240~~380.6237 0.00 II-A-1 0.00 ~~152~~143,~~958~~752,~~473~~780.5038 46,~~399~~260,~~895~~976.0424 0.00 II-X-1 0.00 0.00 4341,~~631~~594.0265 0.00 II-A-2 0.00 3028,~~591~~750,~~694~~556.7008 ~~883~~1,~~479~~255,532.9479 0.00 II-X-2 0.00 0.00 54,~~225~~981.2740 0.00 II-X-3 0.00 0.00 1211,~~029~~467.4297 0.00 II-A-3 0.00 4340,~~473~~857,~~461~~043.6234 1,~~250~~779,~~898~~832.0642 0.00 III-A-1 0.00 6663,~~784~~631,~~262~~785.4565 12,~~623~~251,~~999~~871.8608 0.00 III-X-1 0.00 0.00 3130,~~918~~740.1441 0.00 III-A-2 0.00 7269,~~894~~453,~~363~~466.4614 12,~~807~~491,~~418~~447.1691 0.00 III-A-3 0.00 4543,~~184~~051,~~796~~898.8882 1,~~096~~521,~~342~~236.6011 0.00 III-X-3 0.00 0.00 2423,~~015~~129.9378 0.00 IV-A-1 0.00 ~~110~~106,~~164~~846,~~326~~912.9285 ~~742~~1,~~493~~752,470.3766 0.00 IV-X-1 0.00 0.00 2019,~~156~~737.9063 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 12,~~710~~700,~~424~~358.3172 56,~~525~~521.4483 0.00 B-2 0.00 7,~~450~~445,~~962~~061.4491 33,~~135~~133.7259 0.00 B-3 0.00 4,~~382~~379,~~801~~331.8403 19,~~491~~489.0783 0.00 B-4 0.00 3,~~944~~941,~~621~~497.3150 17,~~542~~541.4129 0.00 B-5 0.00 2,~~629~~627,~~780~~698.7619 11,~~695~~694.0934 0.00 B-6 0.00 1,~~753~~752,~~415~~027.7115 7,797.7424 0.00 Totals 0.00 ~~696~~661,~~702~~196,~~727~~709.9405 1924,~~675~~452,~~122~~085.4069 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 50,000,000.00 3835,~~172~~489,~~404~~711.3741 109,~~125~~733.0444 1,~~797~~622,~~916~~262.3501 0.00 0.00 I-X-1 0.00 0.00 0.00 0.00 0.00 0.00 I-A-2 124,942,700.00 9588,~~387~~683,~~265~~607.3530 2524,~~301~~322.0044 4,~~492~~053,~~730~~795.4791 0.00 0.00 I-X-2 0.00 0.00 0.00 0.00 0.00 0.00 I-A-3 20,000,000.00 1514,~~268~~195,~~961~~884.7556 43,~~050~~893.0237 ~~719~~648,~~166~~904.5480 0.00 0.00 I-X-3 0.00 0.00 0.00 0.00 0.00 0.00 II-A-1 201,000,000.00 ~~156~~149,~~758~~441,~~151~~854.3351 6159,~~038~~108.1808 35,~~738~~629,~~639~~966.6505 0.00 0.00 II-X-1 0.00 0.00 0.00 0.00 0.00 0.00 II-A-2 40,200,000.00 3129,~~351~~888,~~630~~370.2790 1211,~~207~~821.6462 ~~747~~1,~~727~~125,993.9321 0.00 0.00 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 57,127,700.00 4442,~~553~~473,~~396~~977.2327 1716,~~348~~799.1155 1,~~062~~600,~~586~~134.4939 0.00 0.00 III-A-1 82,547,700.00 6865,~~152~~637,~~602~~879.9259 33,~~219~~101.9685 1,~~335~~972,~~120~~992.5209 0.00 0.00 III-X-1 0.00 0.00 0.00 0.00 0.00 0.00 III-A-2 90,100,000.00 7471,~~387~~643,~~893~~097.5988 36,~~259~~130.2534 12,~~457~~153,~~270~~501.8739 0.00 0.00 III-A-3 55,850,000.00 4644,~~110~~409,~~586~~178.6587 22,~~475~~396.9100 ~~903~~1,~~313~~334,884.8505 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~~108,~~448~~151,~~747~~388.6931 4344,~~809~~111.2273 ~~240~~1,~~611~~260,363.5573 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 12,754,500.00 12,~~715~~705,~~361~~424.5774 45,~~937~~066.2602 0.00 0.00 0.00 B-2 7,476,800.00 7,~~453~~448,~~856~~031.7165 2,~~894~~969.2774 0.00 0.00 0.00 B-3 4,398,000.00 4,~~384~~381,~~504~~077.3189 1,~~702~~746.4686 0.00 0.00 0.00 B-4 3,958,300.00 3,~~946~~943,~~153~~069.5772 1,~~532~~572.2622 0.00 0.00 0.00 B-5 2,638,900.00 2,~~630~~628,~~802~~746.2835 1,~~021~~048.5216 0.00 0.00 0.00 B-6 1,759,495.99 1,~~754~~752,~~096~~726.8101 ~~681~~698.1086 0.00 0.00 0.00 Totals 879,622,845.99 ~~713~~682,~~476~~874,~~415~~026.4096 ~~278~~274,~~603~~520.2028 1621,~~495~~402,~~084~~797.2263 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 1,~~808~~631,~~041~~995.4045 3633,~~364~~857,~~362~~715.9796 0.~~72728726~~67715432 1,~~808~~631,~~041~~995.4045 I-X-1 0.00 0.00 0.00000000 0.00 I-A-2 4,~~518~~078,~~031~~118.4735 9084,~~869~~605,~~233~~488.8895 0.~~72728726~~67715432 4,~~518~~078,~~031~~118.4735 I-X-2 0.00 0.00 0.00000000 0.00 I-A-3 ~~723~~652,~~216~~798.5618 1413,~~545~~543,~~745~~086.1938 0.~~72728726~~67715432 ~~723~~652,~~216~~798.5618 I-X-3 0.00 0.00 0.00000000 0.00 II-A-1 35,~~799~~689,~~677~~074.8314 ~~152~~143,~~958~~752,~~473~~780.5038 0.~~76098743~~71518796 35,~~799~~689,~~677~~074.8314 II-X-1 0.00 0.00 0.00000000 0.00 II-A-2 ~~759~~1,~~935~~137,814.5783 3028,~~591~~750,~~694~~556.7008 0.~~76098743~~71518796 ~~759~~1,~~935~~137,814.5783 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 1,~~079~~616,~~934~~933.6093 4340,~~473~~857,~~461~~043.6234 0.~~76098743~~71518796 1,~~079~~616,~~934~~933.6093 III-A-1 12,~~368~~006,~~340~~093.4793 6663,~~784~~631,~~262~~785.4565 0.~~80903844~~77084868 12,~~368~~006,~~340~~093.4793 III-X-1 0.00 0.00 0.00000000 0.00 III-A-2 12,~~493~~189,~~530~~631.1373 7269,~~894~~453,~~363~~466.4614 0.~~80903844~~77084868 12,~~493~~189,~~530~~631.1373 III-A-3 ~~925~~1,~~789~~357,280.7605 4543,~~184~~051,~~796~~898.8882 0.~~80903844~~77084868 ~~925~~1,~~789~~357,280.7605 III-X-3 0.00 0.00 0.00000000 0.00 IV-A-1 ~~284~~1,~~420~~304,475.7746 ~~110~~106,~~164~~846,~~326~~912.9285 0.~~88224203~~85567479 ~~284~~1,~~420~~304,475.7746 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 45,~~937~~066.2602 12,~~710~~700,~~424~~358.3172 0.~~99654430~~99575512 45,~~937~~066.2602 B-2 2,~~894~~969.2774 7,~~450~~445,~~962~~061.4491 0.~~99654430~~99575512 2,~~894~~969.2774 B-3 1,~~702~~746.4686 4,~~382~~379,~~801~~331.8403 0.~~99654430~~99575512 1,~~702~~746.4686 B-4 1,~~532~~572.2622 3,~~944~~941,~~621~~497.3150 0.~~99654430~~99575512 1,~~532~~572.2622 B-5 1,~~021~~048.5216 2,~~629~~627,~~780~~698.7619 0.~~99654430~~99575512 1,~~021~~048.5216 B-6 ~~681~~698.1086 1,~~753~~752,~~415~~027.7115 0.~~99654431~~99575513 ~~681~~698.1086 Totals 1621,~~773~~677,~~687~~317.4391 ~~696~~661,~~702~~196,~~727~~709.9405 0.~~79204710~~75168206 1621,~~773~~677,~~687~~317.4391

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 50,000,000.00 ~~763~~709.~~44808740~~79422820 0.~~20250080~~19466880 3532.~~95832700~~44524020 0.00000000 I-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-2 124,942,700.00 ~~763~~709.~~44808740~~79422807 0.~~20250083~~19466876 3532.~~95832706~~44524018 0.00000000 I-X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 20,000,000.00 ~~763~~709.~~44808750~~79422800 0.~~20250100~~19466850 3532.~~95832700~~44524000 0.00000000 I-X-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 201,000,000.00 ~~779~~743.~~89130015~~49181348 0.~~30367254~~29407005 1828.~~60019726~~00978134 0.00000000 II-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 40,200,000.00 ~~779~~743.~~89130025~~49181343 0.~~30367264~~29407015 1828.~~60019726~~00978134 0.00000000 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 57,127,700.00 ~~779~~743.~~89130019~~49181343 0.~~30367247~~29407013 1828.~~60019728~~00978142 0.00000000 III-A-1 82,547,700.00 ~~825~~795.~~61480114~~15091989 0.~~40243350~~40100269 1623.~~17392756~~90123638 0.00000000 III-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A-2 90,100,000.00 ~~825~~795.~~61480122~~15091987 0.~~40243341~~40100266 1623.~~17392752~~90123629 0.00000000 III-A-3 55,850,000.00 ~~825~~795.~~61480125~~15091979 0.~~40243348~~40100269 1623.~~17392748~~90123635 0.00000000 III-X-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 IV-A-1 124,868,600.00 ~~884~~866.~~51978872~~12157348 0.~~35084257~~35326519 110.~~92691798~~09352015 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 12,754,500.00 996.~~93140225~~15231801 0.~~38709946~~39719472 0.00000000 0.00000000 B-2 7,476,800.00 996.~~93140247~~15231784 0.~~38710010~~39719399 0.00000000 0.00000000 B-3 4,398,000.00 996.~~93140291~~15231696 0.~~38709868~~39719418 0.00000000 0.00000000 B-4 3,958,300.00 996.~~93140237~~15231791 0.~~38710052~~39719577 0.00000000 0.00000000 B-5 2,638,900.00 996.~~93140324~~15231725 0.~~38710069~~39719580 0.00000000 0.00000000 B-6 1,759,495.99 996.~~93140534~~15231860 0.~~38709949~~39719329 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 3632.~~16082800~~63990900 ~~727~~677.~~28725940~~15431920 0.~~72728726~~67715432 3632.~~16082800~~63990900 I-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-2 0.00000000 3632.~~16082788~~63990893 ~~727~~677.~~28725952~~15431914 0.~~72728726~~67715432 3632.~~16082788~~63990893 I-X-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 0.00000000 3632.~~16082800~~63990900 ~~727~~677.~~28725950~~15431900 0.~~72728726~~67715432 3632.~~16082800~~63990900 I-X-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 1828.~~90386980~~30385144 ~~760~~715.~~98743035~~18796209 0.~~76098743~~71518796 1828.~~90386980~~30385144 II-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 0.00000000 1828.~~90386990~~30385149 ~~760~~715.~~98743035~~18796219 0.~~76098743~~71518796 1828.~~90386990~~30385149 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 1828.~~90386975~~30385137 ~~760~~715.~~98743027~~18796206 0.~~76098743~~71518796 1828.~~90386975~~30385137 III-A-1 0.00000000 1624.~~57636094~~30223895 ~~809~~770.~~03844020~~84868082 0.~~80903844~~77084868 1624.~~57636094~~30223895 III-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A-2 0.00000000 1624.~~57636104~~30223896 ~~809~~770.~~03844018~~84868080 0.~~80903844~~77084868 1624.~~57636104~~30223896 III-A-3 0.00000000 1624.~~57636097~~30223903 ~~809~~770.~~03844011~~84868075 0.~~80903844~~77084868 1624.~~57636097~~30223903 III-X-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 IV-A-1 0.00000000 210.~~27776054~~44678534 ~~882~~855.~~24202818~~67478814 0.~~88224203~~85567479 210.~~27776054~~44678534 IV-X-1 0.00000000 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.~~38709946~~39719472 ~~996~~995.~~54430280~~75512329 0.~~99654430~~99575512 0.~~38709946~~39719472 B-2 0.00000000 0.~~38710010~~39719399 ~~996~~995.~~54430238~~75512385 0.~~99654430~~99575512 0.~~38710010~~39719399 B-3 0.00000000 0.~~38709868~~39719418 ~~996~~995.~~54430196~~75512278 0.~~99654430~~99575512 0.~~38709868~~39719418 B-4 0.00000000 0.~~38710052~~39719577 ~~996~~995.~~54430185~~75512215 0.~~99654430~~99575512 0.~~38710052~~39719577 B-5 0.00000000 0.~~38710069~~39719580 ~~996~~995.~~54430255~~75512145 0.~~99654430~~99575512 0.~~38710069~~39719580 B-6 0.00000000 0.~~38709949~~39719329 ~~996~~995.~~54430585~~75512531 0.~~99654431~~99575513 0.~~38709949~~39719329 (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 50,000,000.00 3.~~09902~~07868% 3835,~~172~~489,~~404~~711.3741 9891,~~580~~051.8112 0.00 0.00 I-X-1 0.00 1.24000% 3835,~~172~~489,~~404~~711.3741 3936,~~444~~672.8270 0.00 0.00 I-A-2 124,942,700.00 4.~~24902~~22868% 9588,~~387~~683,~~265~~607.3530 ~~337~~312,~~751~~511.8692 0.00 0.00 I-X-2 0.00 0.09000% 9588,~~387~~683,~~265~~607.3530 76,~~154~~651.0427 0.00 0.00 I-A-3 20,000,000.00 3.~~37702~~35668% 1514,~~268~~195,~~961~~884.7556 4239,~~969~~709.6416 0.00 0.00 I-X-3 0.00 0.96200% 1514,~~268~~195,~~961~~884.7556 1211,~~240~~380.6237 0.00 0.00 II-A-1 201,000,000.00 4.~~59473~~59231% ~~156~~149,~~758~~441,~~151~~854.3351 ~~600~~571,~~217~~902.2110 0.00 0.00 II-X-1 0.00 0.33400% ~~156~~149,~~758~~441,~~151~~854.3351 4341,~~631~~594.0265 0.00 0.00 II-A-2 40,200,000.00 4.~~72873~~72630% 3129,~~351~~888,~~630~~370.2790 ~~123~~117,~~544~~717.3796 0.00 0.00 II-X-2 0.00 0.20000% 3129,~~351~~888,~~630~~370.2790 54,~~225~~981.2740 0.00 0.00 II-X-3 0.00 0.32400% 4442,~~553~~473,~~396~~977.2327 1211,~~029~~467.4297 0.00 0.00 II-A-3 57,127,700.00 4.~~60473~~60231% 4442,~~553~~473,~~396~~977.2327 ~~170~~162,~~963~~898.4649 0.00 0.00 III-A-1 82,547,700.00 4.~~50153~~49333% 6865,~~152~~637,~~602~~879.9259 ~~255~~245,~~659~~777.3915 0.00 0.00 III-X-1 0.00 0.56200% 6865,~~152~~637,~~602~~879.9259 3130,~~918~~740.1441 0.00 0.00 III-A-2 90,100,000.00 5.~~06353~~05533% 7471,~~387~~643,~~893~~097.5988 ~~313~~301,~~888~~816.0318 0.00 0.00 III-A-3 55,850,000.00 4.~~43853~~43033% 4644,~~110~~409,~~586~~178.6587 ~~170~~163,~~552~~956.8506 0.00 0.00 III-X-3 0.00 0.62500% 4644,~~110~~409,~~586~~178.6587 2423,~~015~~129.9378 0.00 0.00 IV-A-1 124,868,600.00 4.~~97685~~97076% ~~110~~108,~~448~~151,~~747~~388.6931 ~~458~~447,~~072~~995.6120 0.00 0.00 IV-X-1 0.00 0.21900% ~~110~~108,~~448~~151,~~747~~388.6931 2019,~~156~~737.9063 0.00 0.00 R-I 50.00 4.~~38232~~38225% 0.00 0.00 0.00 0.00 R-II 50.00 4.~~38232~~38225% 0.00 0.00 0.00 0.00 R-III 50.00 4.~~38232~~38225% 0.00 0.00 0.00 0.00 B-1 12,754,500.00 4.~~86858~~85989% 12,~~715~~705,~~361~~424.5774 51,~~588~~455.1881 0.00 0.00 B-2 7,476,800.00 4.~~86858~~85989% 7,~~453~~448,~~856~~031.7165 30,~~241~~163.4585 0.00 0.00 B-3 4,398,000.00 4.~~86858~~85989% 4,~~384~~381,~~504~~077.3189 17,~~788~~742.6197 0.00 0.00 B-4 3,958,300.00 4.~~86858~~85989% 3,~~946~~943,~~153~~069.5772 1615,~~010~~969.1507 0.00 0.00 B-5 2,638,900.00 4.~~86858~~85989% 2,~~630~~628,~~802~~746.2835 10,~~673~~646.5718 0.00 0.00 B-6 1,759,495.99 4.~~86858~~85989% 1,~~754~~752,~~096~~726.8101 7,~~116~~098.6438 0.00 0.00 Totals 879,622,845.99 2,~~901~~774,~~434~~767.9978 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 9891,~~580~~051.8112 0.00 3633,~~364~~857,~~362~~715.9796 I-X-1 0.00 0.00 3936,~~444~~672.8270 0.00 3633,~~364~~857,~~362~~715.9796 I-A-2 0.00 0.00 ~~337~~312,~~751~~511.8692 0.00 9084,~~869~~605,~~233~~488.8895 I-X-2 0.00 0.00 76,~~154~~651.0427 0.00 9084,~~869~~605,~~233~~488.8895 I-A-3 0.00 0.00 4239,~~969~~709.6416 0.00 1413,~~545~~543,~~745~~086.1938 I-X-3 0.00 0.00 1211,~~240~~380.6237 0.00 1413,~~545~~543,~~745~~086.1938 II-A-1 0.00 0.00 ~~600~~571,~~217~~902.2110 0.00 ~~152~~143,~~958~~752,~~473~~780.5038 II-X-1 0.00 0.00 4341,~~631~~594.0265 0.00 ~~152~~143,~~958~~752,~~473~~780.5038 II-A-2 0.00 0.00 ~~123~~117,~~544~~717.3796 0.00 3028,~~591~~750,~~694~~556.7008 II-X-2 0.00 0.00 54,~~225~~981.2740 0.00 3028,~~591~~750,~~694~~556.7008 II-X-3 0.00 0.00 1211,~~029~~467.4297 0.00 4340,~~473~~857,~~461~~043.6234 II-A-3 0.00 0.00 ~~170~~162,~~963~~898.4649 0.00 4340,~~473~~857,~~461~~043.6234 III-A-1 0.00 0.00 ~~255~~245,~~659~~777.3915 0.00 6663,~~784~~631,~~262~~785.4565 III-X-1 0.00 0.00 3130,~~918~~740.1441 0.00 6663,~~784~~631,~~262~~785.4565 III-A-2 0.00 0.00 ~~313~~301,~~888~~816.0318 0.00 7269,~~894~~453,~~363~~466.4614 III-A-3 0.00 0.00 ~~170~~163,~~552~~956.8406 0.00 4543,~~184~~051,~~796~~898.8882 III-X-3 0.00 0.00 2423,~~015~~129.9378 0.00 4543,~~184~~051,~~796~~898.8882 IV-A-1 0.00 0.00 ~~458~~447,~~072~~995.6020 0.00 ~~110~~106,~~164~~846,~~326~~912.9285 IV-X-1 0.00 0.00 2019,~~156~~737.9063 0.00 ~~110~~106,~~164~~846,~~326~~912.9285 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 51,~~588~~455.1881 0.00 12,~~710~~700,~~424~~358.3172 B-2 0.00 0.00 30,~~241~~163.4585 0.00 7,~~450~~445,~~962~~061.4491 B-3 0.00 0.00 17,~~788~~742.6197 0.00 4,~~382~~379,~~801~~331.8403 B-4 0.00 0.00 1615,~~010~~969.1507 0.00 3,~~944~~941,~~621~~497.3150 B-5 0.00 0.00 10,~~673~~646.5718 0.00 2,~~629~~627,~~780~~698.7619 B-6 0.00 0.00 7,~~116~~098.6438 0.00 1,~~753~~752,~~415~~027.7115 Totals 0.00 0.00 2,~~901~~774,~~434~~767.9778 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 50,000,000.00 3.~~09902~~07868% ~~763~~709.~~44808740~~79422820 1.~~97161620~~82102240 0.00000000 0.00000000 I-X-1 0.00 1.24000% ~~763~~709.~~44808740~~79422820 0.~~78889640~~73345400 0.00000000 0.00000000 I-A-2 124,942,700.00 4.~~24902~~22868% ~~763~~709.~~44808740~~79422807 2.~~70325405~~50124193 0.00000000 0.00000000 I-X-2 0.00 0.09000% ~~763~~709.~~44808740~~79422807 0.~~05725857~~05323456 0.00000000 0.00000000 I-A-3 20,000,000.00 3.~~37702~~35668% ~~763~~709.~~44808750~~79422800 21.~~14848200~~98545800 0.00000000 0.00000000 I-X-3 0.00 0.96200% ~~763~~709.~~44808750~~79422800 0.~~61203100~~56901850 0.00000000 0.00000000 II-A-1 201,000,000.00 4.~~59473~~59231% ~~779~~743.~~89130015~~49181348 2.~~98615527~~84528408 0.00000000 0.00000000 II-X-1 0.00 0.33400% ~~779~~743.~~89130015~~49181348 0.~~21706975~~20693856 0.00000000 0.00000000 II-A-2 40,200,000.00 4.~~72873~~72630% ~~779~~743.~~89130025~~49181343 32.~~07324303~~92830746 0.00000000 0.00000000 II-X-2 0.00 0.20000% ~~779~~743.~~89130025~~49181343 0.~~12998184~~12391542 0.00000000 0.00000000 II-X-3 0.00 0.32400% ~~779~~743.~~89130019~~49181343 0.~~21057070~~20074272 0.00000000 0.00000000 II-A-3 57,127,700.00 4.~~60473~~60231% ~~779~~743.~~89130019~~49181343 2.~~99265435~~85147993 0.00000000 0.00000000 III-A-1 82,547,700.00 4.~~50153~~49333% ~~825~~795.~~61480114~~15091989 32.~~09711100~~97739549 0.00000000 0.00000000 III-X-1 0.00 0.56200% ~~825~~795.~~61480114~~15091989 0.~~38666298~~37239572 0.00000000 0.00000000 III-A-2 90,100,000.00 5.~~06353~~05533% ~~825~~795.~~61480122~~15091987 3.~~48377392~~34979112 0.00000000 0.00000000 III-A-3 55,850,000.00 4.~~43853~~43033% ~~825~~795.~~61480125~~15091979 32.~~05376634~~93565013 0.00000000 0.00000000 III-X-3 0.00 0.62500% ~~825~~795.~~61480125~~15091979 0.~~43000770~~41414109 0.00000000 0.00000000 IV-A-1 124,868,600.00 4.~~97685~~97076% ~~884~~866.~~51978872~~12157348 3.~~66843714~~58773302 0.00000000 0.00000000 IV-X-1 0.00 0.21900% ~~884~~866.~~51978872~~12157348 0.~~16142489~~15806720 0.00000000 0.00000000 R-I 50.00 4.~~38232~~38225% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 4.~~38232~~38225% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 4.~~38232~~38225% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 12,754,500.00 4.~~86858~~85989% 996.~~93140225~~15231801 4.~~04470422~~03432592 0.00000000 0.00000000 B-2 7,476,800.00 4.~~86858~~85989% 996.~~93140247~~15231784 4.~~04470495~~03432618 0.00000000 0.00000000 B-3 4,398,000.00 4.~~86858~~85989% 996.~~93140291~~15231696 4.~~04470441~~03432697 0.00000000 0.00000000 B-4 3,958,300.00 4.~~86858~~85989% 996.~~93140237~~15231791 4.~~04470353~~03432534 0.00000000 0.00000000 B-5 2,638,900.00 4.~~86858~~85989% 996.~~93140324~~15231725 4.~~04470423~~03432491 0.00000000 0.00000000 B-6 1,759,495.99 4.~~86858~~85989% 996.~~93140534~~15231860 4.~~04470373~~03432576 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 1.~~97161620~~82102240 0.00000000 ~~727~~677.~~28725940~~15431920 I-X-1 0.00000000 0.00000000 0.~~78889640~~73345400 0.00000000 ~~727~~677.~~28725940~~15431920 I-A-2 0.00000000 0.00000000 2.~~70325405~~50124193 0.00000000 ~~727~~677.~~28725952~~15431914 I-X-2 0.00000000 0.00000000 0.~~05725857~~05323456 0.00000000 ~~727~~677.~~28725952~~15431914 I-A-3 0.00000000 0.00000000 21.~~14848200~~98545800 0.00000000 ~~727~~677.~~28725950~~15431900 I-X-3 0.00000000 0.00000000 0.~~61203100~~56901850 0.00000000 ~~727~~677.~~28725950~~15431900 II-A-1 0.00000000 0.00000000 2.~~98615527~~84528408 0.00000000 ~~760~~715.~~98743035~~18796209 II-X-1 0.00000000 0.00000000 0.~~21706975~~20693856 0.00000000 ~~760~~715.~~98743035~~18796209 II-A-2 0.00000000 0.00000000 32.~~07324303~~92830746 0.00000000 ~~760~~715.~~98743035~~18796219 II-X-2 0.00000000 0.00000000 0.~~12998184~~12391542 0.00000000 ~~760~~715.~~98743035~~18796219 II-X-3 0.00000000 0.00000000 0.~~21057070~~20074272 0.00000000 ~~760~~715.~~98743027~~18796206 II-A-3 0.00000000 0.00000000 2.~~99265435~~85147993 0.00000000 ~~760~~715.~~98743027~~18796206 III-A-1 0.00000000 0.00000000 32.~~09711100~~97739549 0.00000000 ~~809~~770.~~03844020~~84868082 III-X-1 0.00000000 0.00000000 0.~~38666298~~37239572 0.00000000 ~~809~~770.~~03844020~~84868082 III-A-2 0.00000000 0.00000000 3.~~48377392~~34979112 0.00000000 ~~809~~770.~~03844018~~84868080 III-A-3 0.00000000 0.00000000 32.~~05376616~~93565013 0.00000000 ~~809~~770.~~03844011~~84868075 III-X-3 0.00000000 0.00000000 0.~~43000770~~41414109 0.00000000 ~~809~~770.~~03844011~~84868075 IV-A-1 0.00000000 0.00000000 3.~~66843706~~58773302 0.00000000 ~~882~~855.~~24202818~~67478814 IV-X-1 0.00000000 0.00000000 0.~~16142489~~15806720 0.00000000 ~~882~~855.~~24202818~~67478814 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 4.~~04470422~~03432592 0.00000000 ~~996~~995.~~54430280~~75512329 B-2 0.00000000 0.00000000 4.~~04470495~~03432618 0.00000000 ~~996~~995.~~54430238~~75512385 B-3 0.00000000 0.00000000 4.~~04470441~~03432697 0.00000000 ~~996~~995.~~54430196~~75512278 B-4 0.00000000 0.00000000 4.~~04470353~~03432534 0.00000000 ~~996~~995.~~54430185~~75512215 B-5 0.00000000 0.00000000 4.~~04470423~~03432491 0.00000000 ~~996~~995.~~54430255~~75512145 B-6 0.00000000 0.00000000 4.~~04470373~~03432576 0.00000000 ~~996~~995.~~54430585~~75512531 (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 1924,~~837~~613,941.5064 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 4458,~~196~~769.6951 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 1924,~~882~~672,~~138~~711.1915 Withdrawals Reimbursement for Servicer Advances 4061,~~334~~003.8392 Payment of Service Fee ~~166~~159,~~680~~621.9654 Payment of Interest and Principal 1924,~~675~~452,~~122~~085.4069 Total Withdrawals (Pool Distribution Amount) 1924,~~882~~672,~~138~~711.1915 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~140~~134,~~878~~941.9067 Additional Alliance Service Fee 2019,~~353~~532.8596 Miscellaneous Fee 5,~~448~~146.2191 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~166~~159,~~680~~621.9654

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 2 0 0 2 493,824.48 0.00 0.00 493,824.48 30 Days 1926 0 0 0 1926 78,~~092~~717,~~447~~862.3179 0.00 0.00 0.00 78,~~092~~717,~~447~~862.3179 60 Days 56 0 0 0 56 12,~~529~~084,~~107~~737.7113 0.00 0.00 0.00 12,~~529~~084,~~107~~737.7113 90 Days 1 0 0 1 0 1 ~~695,451~~0.00 0.00 0594,165.0040 0.00 ~~695~~594,~~451~~165.0040 120 Days 0 0 01 0 01 0.00 0.00 0228,197.0099 0.00 0228,197.0099 150 Days 0 0 1 0 0 1 0.00 ~~128,000~~0.00 0695,451.00 0.00 ~~128~~695,~~000~~451.00 180+ Days 0 0 01 0 01 0.00 0.00 0128,000.00 0.00 0128,000.00 Totals 2532 32 04 0 2838 910,~~317~~802,~~006~~599.0292 ~~621~~493,824.48 01,645,814.0039 0.00 912,~~938~~942,~~830~~238.5079 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.~~103040~~108519% 0.000000% 0.000000% 0.~~103040~~108519% 0.~~070859~~074662% 0.000000% 0.000000% 0.~~070859~~074662% 30 Days 01.~~978877~~410743% 0.000000% 0.000000% 0.000000% 01.~~978877~~410743% 1.~~017700~~318072% 0.000000% 0.000000% 0.000000% 1.~~017700~~318072% 60 Days 0.~~257599~~325556% 0.000000% 0.000000% 0.000000% 0.~~257599~~325556% 0.~~219413~~315196% 0.000000% 0.000000% 0.000000% 0.~~219413~~315196% 90 Days 0.~~051520~~000000% 0.000000% 0.~~000000~~054259% 0.000000% 0.~~051520~~054259% 0.~~099791~~000000% 0.000000% 0.~~000000~~089833% 0.000000% 0.~~099791~~089833% 120 Days 0.000000% 0.000000% 0.~~000000~~054259% 0.000000% 0.~~000000~~054259% 0.000000% 0.000000% 0.~~000000~~034502% 0.000000% 0.~~000000~~034502% 150 Days 0.000000% 0.~~051520~~000000% 0.~~000000~~054259% 0.000000% 0.~~051520~~054259% 0.000000% 0.~~018367~~000000% 0.~~000000~~105147% 0.000000% 0.~~018367~~105147% 180+ Days 0.000000% 0.000000% 0.~~000000~~054259% 0.000000% 0.~~000000~~054259% 0.000000% 0.000000% 0.~~000000~~019353% 0.000000% 0.~~000000~~019353% Totals 1.~~287996~~736300% 0.~~154560~~108519% 0.~~000000~~217037% 0.000000% 12.~~442555~~061856% 1.~~336903~~633268% 0.~~089226~~074662% 0.~~000000~~248834% 0.000000% 1.~~426129~~956764%

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 1 0 0 1 297,824.48 0.00 0.00 297,824.48 30 Days 69 0 0 0 69 13,~~904~~054,~~688~~667.6906 0.00 0.00 0.00 13,~~904~~054,~~688~~667.6906 60 Days 23 0 0 0 23 ~~595~~1,~~706~~020,994.8655 0.00 0.00 0.00 ~~595~~1,~~706~~020,994.8655 90 Days 10 0 0 0 10 ~~695,451~~0.00 0.00 0.00 0.00 ~~695,451~~0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 01 0 01 0.00 0.00 0695,451.00 0.00 0695,451.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 912 1 01 0 1014 34,~~195~~075,~~846~~661.5561 297,824.48 0695,451.00 0.00 35,~~493~~068,~~671~~937.0309 0-29 Days 0.~~217391~~232558% 0.000000% 0.000000% 0.~~217391~~232558% 0.~~199360~~213322% 0.000000% 0.000000% 0.~~199360~~213322% 30 Days 12.~~304348~~093023% 0.000000% 0.000000% 0.000000% 12.~~304348~~093023% 12.~~274977~~187959% 0.000000% 0.000000% 0.000000% 12.~~274977~~187959% 60 Days 0.~~434783~~697674% 0.000000% 0.000000% 0.000000% 0.~~434783~~697674% 0.~~398759~~731305% 0.000000% 0.000000% 0.000000% 0.~~398759~~731305% 90 Days 0.~~217391~~000000% 0.000000% 0.000000% 0.000000% 0.~~217391~~000000% 0.~~465527~~000000% 0.000000% 0.000000% 0.000000% 0.~~465527~~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~~232558% 0.000000% 0.~~000000~~232558% 0.000000% 0.000000% 0.~~000000~~498129% 0.000000% 0.~~000000~~498129% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 12.~~956522~~790698% 0.~~217391~~232558% 0.~~000000~~232558% 0.000000% 23.~~173913~~255814% 2.~~139263~~919264% 0.~~199360~~213322% 0.~~000000~~498129% 0.000000% 23.~~338623~~630715% 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 109 0 0 0 109 32,~~984~~605,~~650~~894.4739 0.00 0.00 0.00 32,~~984~~605,~~650~~894.4739 60 Days 21 0 0 0 21 ~~575~~623,~~217~~531.1047 0.00 0.00 0.00 ~~575~~623,~~217~~531.1047 90 Days 0 0 01 0 01 0.00 0.00 0594,165.0040 0.00 0594,165.0040 120 Days 0 0 01 0 01 0.00 0.00 0228,197.0099 0.00 0228,197.0099 150 Days 0 10 0 0 10 0.00 ~~128,000~~0.00 0.00 0.00 ~~128,000~~0.00 180 Days 0 0 01 0 01 0.00 0.00 0128,000.00 0.00 0128,000.00 Totals 1210 1 0 3 0 13 43,~~559~~229,~~867~~425.5786 ~~128,000~~0.00 0950,363.0039 0.00 4,~~687~~179,~~867~~789.5725 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.~~555210~~475410% 0.000000% 0.000000% 0.000000% 1.~~555210~~475410% 1.~~669462~~158150% 0.000000% 0.000000% 0.000000% 1.~~669462~~158150% 60 Days 0.~~311042~~163934% 0.000000% 0.000000% 0.000000% 0.~~311042~~163934% 0.~~241001~~277119% 0.000000% 0.000000% 0.000000% 0.~~241001~~277119% 90 Days 0.000000% 0.000000% 0.~~000000~~163934% 0.000000% 0.~~000000~~163934% 0.000000% 0.000000% 0.~~000000~~264068% 0.000000% 0.~~000000~~264068% 120 Days 0.000000% 0.000000% 0.~~000000~~163934% 0.000000% 0.~~000000~~163934% 0.000000% 0.000000% 0.~~000000~~101419% 0.000000% 0.~~000000~~101419% 150 Days 0.000000% 0.~~155521~~000000% 0.000000% 0.000000% 0.~~155521~~000000% 0.000000% 0.~~053629~~000000% 0.000000% 0.000000% 0.~~053629~~000000% 180 Days 0.000000% 0.000000% 0.~~000000~~163934% 0.000000% 0.~~000000~~163934% 0.000000% 0.000000% 0.~~000000~~056888% 0.000000% 0.~~000000~~056888% Totals 1.~~866252~~639344% 0.~~155521~~000000% 0.~~000000~~491803% 0.000000% 2.~~021773~~131148% 1.~~910462~~435269% 0.~~053629~~000000% 0.~~000000~~422374% 0.000000% 1.~~964091~~857643% 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 1 0 0 1 196,000.00 0.00 0.00 196,000.00 30 Days 37 0 0 0 37 12,~~203~~757,~~108~~703.1577 0.00 0.00 0.00 12,~~203~~757,~~108~~703.1577 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 37 1 0 0 48 12,~~203~~757,~~108~~703.1577 196,000.00 0.00 0.00 12,~~399~~953,~~108~~703.1577 0-29 Days 0.~~180832~~190114% 0.000000% 0.000000% 0.~~180832~~190114% 0.~~101137~~105908% 0.000000% 0.000000% 0.~~101137~~105908% 30 Days 01.~~542495~~330798% 0.000000% 0.000000% 0.000000% 01.~~542495~~330798% 01.~~620812~~490115% 0.000000% 0.000000% 0.000000% 01.~~620812~~490115% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 01.~~542495~~330798% 0.~~180832~~190114% 0.000000% 0.000000% 01.~~723327~~520913% 01.~~620812~~490115% 0.~~101137~~105908% 0.000000% 0.000000% 01.~~721950~~596023% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 01 0 0 0 01 0299,597.0057 0.00 0.00 0.00 0299,597.0057 60 Days 12 0 0 0 12 ~~358~~440,~~183~~211.7511 0.00 0.00 0.00 ~~358~~440,~~183~~211.7511 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 13 0 0 0 13 ~~358~~739,~~183~~808.7568 0.00 0.00 0.00 ~~358~~739,~~183~~808.7568 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~361011% 0.000000% 0.000000% 0.000000% 0.~~000000~~361011% 0.~~000000~~268153% 0.000000% 0.000000% 0.000000% 0.~~000000~~268153% 60 Days 0.~~350877~~722022% 0.000000% 0.000000% 0.000000% 0.~~350877~~722022% 0.~~311342~~394009% 0.000000% 0.000000% 0.000000% 0.~~311342~~394009% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 01.~~350877~~083032% 0.000000% 0.000000% 0.000000% 01.~~350877~~083032% 0.~~311342~~662162% 0.000000% 0.000000% 0.000000% 0.~~311342~~662162%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 4458,~~196~~769.6951

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~160281~~156540% Weighted Average Net Coupon 4.~~923336~~919410% Weighted Average Pass-Through Rate 4.~~879940~~876040% Weighted Average Maturity(Stepdown Calculation ) ~~350~~348 Beginning Scheduled Collateral Loan Count 1,~~988~~901 Number Of Loans Paid In Full 4758 Ending Scheduled Collateral Loan Count 1,~~941~~843 Beginning Scheduled Collateral Balance ~~713~~682,~~476~~874,~~415~~026.3291 Ending Scheduled Collateral Balance ~~696~~661,~~702~~196,~~727~~709.9000 Ending Actual Collateral Balance at 31-~~Aug~~Oct-2004 ~~696~~661,~~909~~410,~~667~~223.9475 Monthly P &I Constant 3,~~346~~208,~~719~~909.0858 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 ~~696~~661,~~702~~196,~~727~~709.9000 Scheduled Principal ~~278~~274,~~603~~520.1927 Unscheduled Principal 1621,~~495~~402,~~084~~797.2364

Miscellaneous Reporting Average Loss Severity Group 1 0.00 Average Loss Severity Group 2 0.00 Average Loss Severity Group 3 0.00 Average Loss Severity Group 4 0.00 Senior Percentage Group 1 9594.~~154829~~810236% Senior Percentage Group 2 95.~~256010~~038971% Senior Percentage Group 3 95.~~509576~~349911% Senior Percentage Group 4 95.~~793675~~711430% Senior Prepay Percentage Group 1 100.000000% Senior Prepay Percentage Group 2 100.000000% Senior Prepay Percentage Group 3 100.000000% Senior Prepay Percentage Group 4 100.000000% Subordinate Percentage Group 1 45.~~845171~~189764% Subordinate Percentage Group 2 4.~~743990~~961029% Subordinate Percentage Group 3 4.~~490424~~650089% Subordinate Percentage Group 4 4.~~206325~~288570% Subordinate Prepay Percentage Group 1 0.000000% Subordinate Prepay Percentage Group 2 0.000000% Subordinate Prepay Percentage Group 3 0.000000% Subordinate Prepay Percentage Group 4 0.000000%

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.~~617384~~597642 5.~~215302~~213420 5.~~329738~~321020 Weighted Average Net Rate 4.~~387649~~369166 5.~~003414~~001470 5.~~082790~~073822 Weighted Average Maturity ~~350~~348 ~~350~~348 ~~350~~348 Beginning Loan Count ~~478~~449 ~~658~~630 ~~566~~542 Loans Paid In Full 1819 1520 1316 Ending Loan Count ~~460~~430 ~~643~~610 ~~553~~526 Beginning Scheduled Balance ~~156~~145,~~406~~943,~~816~~324.6610 ~~244~~233,~~250~~382,~~405~~381.6696 ~~197~~190,~~520~~550,~~606~~955.3950 Ending scheduled Balance ~~149~~139,~~355~~578,~~517~~334.1684 ~~238~~224,~~606~~933,~~345~~979.8560 ~~193~~184,~~728~~993,~~622~~481.7220 Record Date 0810/31/2004 0810/31/2004 0810/31/2004 Principal And Interest Constant ~~643~~599,~~311~~189.4121 1,~~156~~106,~~638~~242.7336 ~~973~~941,~~555~~034.9260 Scheduled Principal 4140,~~486~~026.1353 9592,~~105~~308.7471 96,~~278~~096.4377 Unscheduled Principal 76,~~009~~324,~~813~~962.3773 58,~~548~~356,~~954~~093.0765 35,~~695~~461,~~705~~377.2453 Scheduled Interest ~~601~~559,~~825~~162.2868 1,~~061~~013,~~532~~933.9965 ~~877~~844,~~277~~937.4983 Servicing Fees 2927,~~943~~787.5018 4341,~~128~~221.0812 4039,~~647~~253.7717 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 6,~~338~~140.4348 1514,~~202~~618.2759 32,~~169~~936.4555 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 ~~565~~525,~~543~~235.3502 1958,~~003,202~~093.6494 ~~833~~802,~~460~~748.2711 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.~~339018~~318677 4.~~928725~~926305 5.~~063534~~055329

Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~489887~~483545 5.~~160281~~156540 Weighted Average Net Rate 5.~~207216~~200209 4.~~923336~~919410 Weighted Average Maturity ~~350~~348 ~~350~~348 Beginning Loan Count ~~286~~280 1,~~988~~901 Loans Paid In Full 13 4758 Ending Loan Count ~~285~~277 1,~~941~~843 Beginning Scheduled Balance ~~115~~112,~~298~~997,~~586~~365.6135 ~~713~~682,~~476~~874,~~415~~026.3291 Ending scheduled Balance ~~115~~111,~~012~~690,~~242~~913.1736 ~~696~~661,~~702~~196,~~727~~709.9000 Record Date 0810/31/2004 0810/31/2004 Principal And Interest Constant ~~573~~562,~~213~~443.0241 3,~~346~~208,~~719~~909.0858 Scheduled Principal 4546,~~732~~088.8926 ~~278~~274,~~603~~520.1927 Unscheduled Principal ~~240~~1,~~611~~260,363.5573 1621,~~495~~402,~~084~~797.2364 Scheduled Interest ~~527~~516,~~480~~355.1315 32,~~068~~934,~~115~~389.8931 Servicing Fees 2726,~~159~~680.5520 ~~140~~134,~~878~~941.9067 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee ~~1,091~~984.91 25 24,~~802~~679.0687 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest ~~499~~488,~~228~~690.6770 2,~~901~~774,~~434~~767.9377 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.~~195853~~189757 4.~~879940~~876040

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