8-K 1 srm04014_dec.txt DECEMBER 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): December 27, 2004 STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-14 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-115858-20 Pooling and Servicing Agreement) (Commission 54-2161254 (State or other File Number) 54-2161255 jurisdiction 54-2161256 of Incorporation) 54-2162530 54-2162531 54-6643063 54-6643064 c/o Wells Fargo Bank, N.A. IRS EIN 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 December 27, 2004 a distribution was made to holders of STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2004-14 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-14 Trust, relating to the December 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. STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-14 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: 12/28/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-14 Trust, relating to the December 27, 2004 distribution. EX-99.1

Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Record Date: 1011/3130/2004 Distribution Date: 1112/2627/2004 ~~SARM~~Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Series: 2004-14 Contact: Customer Service - SecuritiesLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 846-8130 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution 1-A 863579CB2 SEN 5.~~12804~~12721% ~~565~~554,~~347~~437,~~399~~984.1699 2,~~415~~368,~~936~~932.5517 109,~~909~~197,~~414~~632.1684 2-A 863579CC0 SEN 5.~~39760~~39222% ~~214~~211,~~372~~366,~~288~~539.2873 ~~964~~949,~~245~~779.6255 31,~~005~~602,~~748~~029.5568 3-A1 863579CD8 SEN 4.67000% ~~398~~387,~~787~~456,~~546~~584.5870 1,~~551~~507,~~948~~851.2088 117,~~330~~937,~~961~~203.8863 3-A2 863579CE6 SEN 4.67000% 1110,~~277~~957,~~701~~262.74 43 42,~~889~~642.0601 ~~320~~224,~~439~~463.3292 3-AX 863579CF3 SEN 4.67000% 0.00 ~~228~~219,~~632~~956.3194 0.00 3-PAX 863579CG1 SEN 4.67000% 0.00 ~~117~~118,~~646~~114.3357 0.00 4-A 863579CH9 SEN 3.~~93936~~93276% ~~253~~251,~~760~~353,~~577~~129.4362 ~~833~~823,~~045~~759.7081 23,~~407~~161,~~447~~420.8062 5-A1 863579CJ5 SEN 4.90000% 81,~~571~~529,~~479~~565.4370 ~~333~~332,~~083~~912.5439 413,~~913~~644,586.7363 5-A2 863579CK2 SEN 4.90000% 2,~~306~~305,~~931~~746.7740 9,~~419~~415.9713 1103,~~185~~072.3795 5-AX 863579CL0 SEN 4.90000% 0.00 28,~~431~~532.0288 0.00 5-PAX 863579CM8 SEN 4.90000% 0.00 21,~~169~~243.4692 0.00 6-A 863579CN6 SEN 5.~~65939~~65926% 107,~~714~~600,~~930~~276.6411 ~~508~~507,~~000~~448.7945 ~~114~~1,~~654~~012,256.5441 7-A 863579CP1 SEN 5.~~37970~~37385% 6564,~~408~~937,~~118~~401.4935 ~~293~~290,~~229~~802.96 ~~470~~1,~~717~~265,207.1459 M 863579CQ9 MEZ 2.~~43250~~68000% 18,~~254~~248,~~578~~168.0549 3942,~~470~~112.4572 6,~~409~~434.5678 MX 863579CR7 MEZ 2.~~16744~~06641% 0.00 3532,~~169~~470.4795 0.00 B1 863579CS5 SUB 2.~~53250~~78000% 18,~~254~~248,~~578~~168.0549 4143,~~093~~684.0809 6,~~409~~434.5678 B1X 863579DP0 SUB 21.~~06744~~96641% 0.00 3330,~~546~~899.8458 0.00 B2 863579CT3 SUB 2.~~58250~~83000% 25,~~556~~547,~~009~~036.4117 5862,~~665~~256.2471 89,~~973~~008.2456 B2X 863579CU0 SUB 21.~~01744~~91641% 0.00 4542,~~829~~158.0279 0.00 B3 863579CV8 SUB 3.~~03250~~28000% 2,~~736~~735,~~037~~076.4678 7,~~375~~725.1407 ~~960~~964.6846 B3X 863579CW6 SUB 1.~~56744~~46641% 0.00 3,~~812~~453.0670 0.00 B4 863579CX4 SUB 4.~~90660~~90462% 16,~~428~~422,~~220~~452.5627 6567,~~027~~121.2463 5,~~768~~790.2999 B5 863579CY2 SUB 4.~~90660~~90462% 3,~~648~~647,~~716~~435.3824 1314,~~986~~907.5675 1,~~281~~286.1418 B6 863579CZ9 SUB 4.~~90660~~90462% 6,~~386~~384,~~753~~510.1462 2426,~~482~~094.2269 2,~~242~~251.5235 B7 863579DB1 SUB 4.~~90660~~90462% 10,~~037~~033,~~468~~944.8246 41,~~041~~010.5360 3,~~524~~538.3623 B8 863579DC9 SUB 4.~~90660~~90462% 7,~~299~~296,~~432~~869.0608 29,~~846~~823.1666 2,~~562~~573.9807 B9 863579DD7 SUB 4.~~90660~~90462% 5,~~507~~505,~~742~~808.3850 22,~~520~~503.2427 1,~~933~~941.8849 CX SRM0412CX SEN 0.00000% 0.00 0.00 0.00 P-I SRM0412P1 SEN 0.00000% 0.00 052,430.0066 0.00 P-II SRM0412P2 SEN 0.00000% 0.00 0.00 0.00 P-III SRM0412P3 SEN 0.00000% 0.00 0.00 0.00 R SRM04012R SEN 5.~~12721~~12529% 0.00 ~~6,764~~0.5000 0.00 Totals 1,~~814~~786,~~656~~013,~~509~~961.8313 7,~~817~~740,~~308~~046.2653 28,~~642~~188,~~548~~098.7016

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A 0.00 ~~554~~545,~~437~~240,~~984~~352.9915 1311,~~325~~566,~~350~~565.7101 0.00 2-A 0.00 ~~211~~209,~~366~~764,~~539~~510.7305 32,~~969~~551,~~994~~809.1723 0.00 3-A1 0.00 ~~387~~379,~~456~~519,~~584~~381.7006 129,~~882~~445,~~910~~055.0851 0.00 3-A2 0.00 10,~~957~~732,~~262~~798.4351 ~~364~~267,~~328~~105.3893 0.00 3-AX 0.00 0.00 ~~228~~219,~~632~~956.3194 0.00 3-PAX 0.00 0.00 ~~117~~118,~~646~~114.3357 0.00 4-A 0.00 ~~251~~248,~~353~~191,~~129~~709.6201 3,~~240~~985,~~493~~180.5043 0.00 5-A1 0.00 8177,~~529~~884,~~565~~979.7008 ~~374~~3,~~997~~977,499.2702 0.00 5-A2 0.00 2,~~305~~202,~~746~~673.4046 10112,~~605~~488.3408 0.00 5-AX 0.00 0.00 28,~~431~~532.0288 0.00 5-PAX 0.00 0.00 21,~~169~~243.4692 0.00 6-A 0.00 ~~107~~106,~~600~~588,~~276~~019.1170 ~~622~~1,~~655~~519,704.3386 0.00 7-A 0.00 6463,~~937~~672,~~401~~193.3576 ~~763~~1,~~947~~556,010.1055 0.00 M 0.00 18,~~248~~241,~~168~~733.4971 4548,~~880~~547.0150 0.00 MX 0.00 0.00 3532,~~169~~470.4795 0.00 B1 0.00 18,~~248~~241,~~168~~733.4971 4750,~~502~~118.6487 0.00 B1X 0.00 0.00 3330,~~546~~899.8458 0.00 B2 0.00 25,~~547~~538,~~036~~027.1761 6771,~~638~~265.4827 0.00 B2X 0.00 0.00 4542,~~829~~158.0279 0.00 B3 0.00 2,~~735~~734,~~076~~112.7832 8,~~335~~689.8253 0.00 B3X 0.00 0.00 3,~~812~~453.0670 0.00 B4 0.00 16,~~422~~416,~~452~~661.2729 7072,~~795~~912.5362 0.00 B5 0.00 3,~~647~~646,~~435~~149.2406 1516,~~267~~193.7093 0.00 B6 0.00 6,~~384~~382,~~510~~259.6228 2628,~~724~~346.7404 0.00 B7 0.00 10,~~033~~030,~~944~~406.4623 44,~~565~~548.8983 0.00 B8 0.00 7,~~296~~294,~~869~~296.0802 32,~~409~~396.1473 0.00 B9 0.00 5,~~505~~503,~~808~~867.5000 24,~~454~~444.1276 0.00 CX 0.00 0.00 0.00 0.00 P-I 0.00 0.00 052,430.0066 0.00 P-II 0.00 0.00 0.00 0.00 P-III 0.00 0.00 0.00 0.00 R 0.00 0.00 ~~6,764~~0.5000 0.00 Totals 0.00 1,~~786~~757,~~013~~825,~~961~~863.1301 3635,~~459~~928,~~856~~144.9669 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-A 570,690,000.00 ~~565~~554,~~347~~437,~~399~~984.1699 7068,~~424~~618.5786 109,~~838~~129,~~989~~013.5998 0.00 0.00 2-A 215,719,000.00 ~~214~~211,~~372~~366,~~288~~539.2873 3433,~~466~~996.4816 21,~~971~~568,~~282~~033.0752 0.00 0.00 3-A1 402,122,000.00 ~~398~~387,~~787~~456,~~546~~584.5870 7876,~~025~~613.3615 117,~~252~~860,~~936~~590.5348 0.00 0.00 3-A2 11,372,000.00 1110,~~277~~957,~~701~~262.7443 2,~~206~~166.5662 ~~318~~222,~~232~~297.7630 0.00 0.00 3-AX 0.00 0.00 0.00 0.00 0.00 0.00 3-PAX 0.00 0.00 0.00 0.00 0.00 0.00 4-A 254,625,000.00 ~~253~~251,~~760~~353,~~577~~129.4362 ~~364~~363,~~167~~176.1533 2,~~043~~798,~~280~~244.6529 0.00 0.00 5-A1 82,175,000.00 81,~~571~~529,~~479~~565.4370 25,~~411~~545.0402 163,~~502~~619,041.7061 0.00 0.00 5-A2 2,324,000.00 2,~~306~~305,~~931~~746.7740 ~~718~~722.6544 ~~466~~102,350.7150 0.00 0.00 5-AX 0.00 0.00 0.00 0.00 0.00 0.00 5-PAX 0.00 0.00 0.00 0.00 0.00 0.00 6-A 107,729,000.00 107,~~714~~600,~~930~~276.6411 11,~~206~~298.6502 ~~103~~1,~~447~~000,958.8939 0.00 0.00 7-A 65,424,000.00 6564,~~408~~937,~~118~~401.4935 11,~~916~~606.4908 ~~458~~1,~~800~~253,601.6551 0.00 0.00 M 18,261,000.00 18,~~254~~248,~~578~~168.0549 6,~~409~~434.5678 0.00 0.00 0.00 MX 0.00 0.00 0.00 0.00 0.00 0.00 B1 18,261,000.00 18,~~254~~248,~~578~~168.0549 6,~~409~~434.5678 0.00 0.00 0.00 B1X 0.00 0.00 0.00 0.00 0.00 0.00 B2 25,565,000.00 25,~~556~~547,~~009~~036.4117 89,~~973~~008.2456 0.00 0.00 0.00 B2X 0.00 0.00 0.00 0.00 0.00 0.00 B3 2,737,000.00 2,~~736~~735,~~037~~076.4678 ~~960~~964.6846 0.00 0.00 0.00 B3X 0.00 0.00 0.00 0.00 0.00 0.00 B4 16,434,000.00 16,~~428~~422,~~220~~452.5627 5,~~768~~790.2999 0.00 0.00 0.00 B5 3,650,000.00 3,~~648~~647,~~716~~435.3824 1,~~281~~286.1418 0.00 0.00 0.00 B6 6,389,000.00 6,~~386~~384,~~753~~510.1462 2,~~242~~251.5235 0.00 0.00 0.00 B7 10,041,000.00 10,~~037~~033,~~468~~944.8246 3,~~524~~538.3623 0.00 0.00 0.00 B8 7,302,000.00 7,~~299~~296,~~432~~869.0608 2,~~562~~573.9807 0.00 0.00 0.00 B9 5,509,680.00 5,~~507~~505,~~742~~808.3850 1,~~933~~941.8849 0.00 0.00 0.00 CX 0.00 0.00 0.00 0.00 0.00 0.00 P-I 0.00 0.00 0.00 0.00 0.00 0.00 P-II 0.00 0.00 0.00 0.00 0.00 0.00 P-III 0.00 0.00 0.00 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 Totals 1,826,329,780.00 1,~~814~~786,~~656~~013,~~509~~961.8313 ~~638~~633,~~609~~966.1657 2827,~~003~~554,~~939~~131.5558 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1-A 109,~~909~~197,~~414~~632.1684 ~~554~~545,~~437~~240,~~984~~352.9915 0.~~97152217~~95540548 109,~~909~~197,~~414~~632.1684 2-A 31,~~005~~602,~~748~~029.5568 ~~211~~209,~~366~~764,~~539~~510.7305 0.~~97982347~~97239701 31,~~005~~602,~~748~~029.5568 3-A1 117,~~330~~937,~~961~~203.8863 ~~387~~379,~~456~~519,~~584~~381.7006 0.~~96352994~~94379164 117,~~330~~937,~~961~~203.8863 3-A2 ~~320~~224,~~439~~463.3292 10,~~957~~732,~~262~~798.4351 0.~~96352994~~94379164 ~~320~~224,~~439~~463.3292 3-AX 0.00 0.00 0.00000000 0.00 3-PAX 0.00 0.00 0.00000000 0.00 4-A 23,~~407~~161,~~447~~420.8062 ~~251~~248,~~353~~191,~~129~~709.6201 0.~~98715024~~97473425 23,~~407~~161,~~447~~420.8062 5-A1 413,~~913~~644,586.7363 8177,~~529~~884,~~565~~979.7008 0.~~99214561~~94779409 413,~~913~~644,586.7363 5-A2 1103,~~185~~072.3795 2,~~305~~202,~~746~~673.4046 0.~~99214561~~94779409 1103,~~185~~072.3795 5-AX 0.00 0.00 0.00000000 0.00 5-PAX 0.00 0.00 0.00000000 0.00 6-A ~~114~~1,~~654~~012,256.5441 ~~107~~106,~~600~~588,~~276~~019.1170 0.~~99880511~~98940879 ~~114~~1,~~654~~012,256.5441 7-A ~~470~~1,~~717~~265,207.1459 6463,~~937~~672,~~401~~193.3576 0.~~99256238~~97322380 ~~470~~1,~~717~~265,207.1459 M 6,~~409~~434.5678 18,~~248~~241,~~168~~733.4971 0.~~99929733~~99894495 6,~~409~~434.5678 MX 0.00 0.00 0.00000000 0.00 B1 6,~~409~~434.5678 18,~~248~~241,~~168~~733.4971 0.~~99929733~~99894495 6,~~409~~434.5678 B1X 0.00 0.00 0.00000000 0.00 B2 89,~~973~~008.2456 25,~~547~~538,~~036~~027.1761 0.~~99929733~~99894495 89,~~973~~008.2456 B2X 0.00 0.00 0.00000000 0.00 B3 ~~960~~964.6846 2,~~735~~734,~~076~~112.7832 0.~~99929733~~99894495 ~~960~~964.6846 B3X 0.00 0.00 0.00000000 0.00 B4 5,~~768~~790.2999 16,~~422~~416,~~452~~661.2729 0.~~99929733~~99894495 5,~~768~~790.2999 B5 1,~~281~~286.1418 3,~~647~~646,~~435~~149.2406 0.~~99929733~~99894495 1,~~281~~286.1418 B6 2,~~242~~251.5235 6,~~384~~382,~~510~~259.6228 0.~~99929733~~99894495 2,~~242~~251.5235 B7 3,~~524~~538.3623 10,~~033~~030,~~944~~406.4623 0.~~99929733~~99894495 3,~~524~~538.3623 B8 2,~~562~~573.9807 7,~~296~~294,~~869~~296.0802 0.~~99929733~~99894495 2,~~562~~573.9807 B9 1,~~933~~941.8849 5,~~505~~503,~~808~~867.5000 0.~~99929733~~99894495 1,~~933~~941.8849 CX 0.00 0.00 0.00000000 0.00 P-I 0.00 0.00 0.00000000 0.00 P-II 0.00 0.00 0.00000000 0.00 P-III 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 28,~~642~~188,~~548~~098.7016 1,~~786~~757,~~013~~825,~~961~~863.1301 0.~~97792523~~96249094 28,~~642~~188,~~548~~098.7016

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A 570,690,000.00 ~~990~~971.~~63834860~~52216613 0.~~12340250~~12023841 1815.~~99277995~~99644988 0.00000000 2-A 215,719,000.00 ~~993~~979.~~75710197~~82347280 0.~~15977489~~15759465 137.~~77385427~~26887071 0.00000000 3-A1 402,122,000.00 ~~991~~963.~~70785627~~52993544 0.~~19403405~~19052215 2719.~~98388681~~54777525 0.00000000 3-A2 11,372,000.00 ~~991~~963.~~70785614~~52993581 0.~~19403447~~19052234 2719.~~98388674~~54777524 0.00000000 3-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-PAX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 4-A 254,625,000.00 ~~996~~987.~~60511509~~15023906 1.~~43020972~~42631843 810.~~02466627~~98966830 0.00000000 5-A1 82,175,000.00 992.~~65566693~~14561241 0.~~30923079~~31086121 044.~~20082385~~04066456 0.00000000 5-A2 2,324,000.00 992.~~65566695~~14561102 0.~~30922978~~31086059 044.~~20082186~~04066265 0.00000000 5-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 5-PAX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 6-A 107,729,000.00 ~~999~~998.~~86940044~~80511385 0.~~10402631~~10487445 09.~~96026038~~29144789 0.00000000 7-A 65,424,000.00 ~~999~~992.~~75725254~~56238307 0.~~18214249~~17739790 719.~~01272698~~16118718 0.00000000 M 18,261,000.00 999.~~64832430~~29732709 0.~~35099721~~35237829 0.00000000 0.00000000 MX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1 18,261,000.00 999.~~64832430~~29732709 0.~~35099721~~35237829 0.00000000 0.00000000 B1X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B2 25,565,000.00 999.~~64832427~~29732721 0.~~35099707~~35237864 0.00000000 0.00000000 B2X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B3 2,737,000.00 999.~~64832298~~29732554 0.~~35099744~~35237852 0.00000000 0.00000000 B3X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B4 16,434,000.00 999.~~64832421~~29732688 0.~~35099732~~35237861 0.00000000 0.00000000 B5 3,650,000.00 999.~~64832329~~29732603 0.~~35099726~~35237808 0.00000000 0.00000000 B6 6,389,000.00 999.~~64832368~~29732666 0.~~35099703~~35237909 0.00000000 0.00000000 B7 10,041,000.00 999.~~64832387~~29732696 0.~~35099691~~35237825 0.00000000 0.00000000 B8 7,302,000.00 999.~~64832375~~29732676 0.~~35099699~~35237880 0.00000000 0.00000000 B9 5,509,680.00 999.~~64832440~~29732761 0.~~35099679~~35237800 0.00000000 0.00000000 CX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P-III 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) all classes per $1,000 denomination

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A 0.00000000 1916.~~11618245~~11668829 ~~971~~955.~~52216613~~40547784 0.~~97152217~~95540548 1916.~~11618245~~11668829 2-A 0.00000000 137.~~93362917~~42646536 ~~979~~972.~~82347280~~39700745 0.~~97982347~~97239701 137.~~93362917~~42646536 3-A1 0.00000000 2819.~~17792083~~73829741 ~~963~~943.~~52993544~~79163801 0.~~96352994~~94379164 2819.~~17792083~~73829741 3-A2 0.00000000 2819.~~17792121~~73829757 ~~963~~943.~~52993581~~79163823 0.~~96352994~~94379164 2819.~~17792121~~73829757 3-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-PAX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 4-A 0.00000000 912.~~45487599~~41598673 ~~987~~974.~~15023906~~73425237 0.~~98715024~~97473425 912.~~45487599~~41598673 5-A1 0.00000000 044.~~51005452~~35152577 ~~992~~947.~~14561241~~79408677 0.~~99214561~~94779409 044.~~51005452~~35152577 5-A2 0.00000000 044.~~51005594~~35152754 ~~992~~947.~~14561102~~79408778 0.~~99214561~~94779409 044.~~51005594~~35152754 5-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 5-PAX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 6-A 0.00000000 19.~~06428668~~39632235 ~~998~~989.~~80511385~~40879150 0.~~99880511~~98940879 19.~~06428668~~39632235 7-A 0.00000000 719.~~19486947~~33858508 ~~992~~973.~~56238307~~22379799 0.~~99256238~~97322380 719.~~19486947~~33858508 M 0.00000000 0.~~35099721~~35237829 ~~999~~998.~~29732709~~94494880 0.~~99929733~~99894495 0.~~35099721~~35237829 MX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1 0.00000000 0.~~35099721~~35237829 ~~999~~998.~~29732709~~94494880 0.~~99929733~~99894495 0.~~35099721~~35237829 B1X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B2 0.00000000 0.~~35099707~~35237864 ~~999~~998.~~29732721~~94494856 0.~~99929733~~99894495 0.~~35099707~~35237864 B2X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B3 0.00000000 0.~~35099744~~35237852 ~~999~~998.~~29732554~~94494702 0.~~99929733~~99894495 0.~~35099744~~35237852 B3X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B4 0.00000000 0.~~35099732~~35237861 ~~999~~998.~~29732688~~94494889 0.~~99929733~~99894495 0.~~35099732~~35237861 B5 0.00000000 0.~~35099726~~35237808 ~~999~~998.~~29732603~~94494795 0.~~99929733~~99894495 0.~~35099726~~35237808 B6 0.00000000 0.~~35099703~~35237909 ~~999~~998.~~29732666~~94494913 0.~~99929733~~99894495 0.~~35099703~~35237909 B7 0.00000000 0.~~35099691~~35237825 ~~999~~998.~~29732696~~94494871 0.~~99929733~~99894495 0.~~35099691~~35237825 B8 0.00000000 0.~~35099699~~35237880 ~~999~~998.~~29732676~~94494933 0.~~99929733~~99894495 0.~~35099699~~35237880 B9 0.00000000 0.~~35099679~~35237800 ~~999~~998.~~29732761~~94494780 0.~~99929733~~99894495 0.~~35099679~~35237800 CX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1-A 570,690,000.00 5.~~12804~~12721% ~~565~~554,~~347~~437,~~399~~984.1699 2,~~415~~368,~~936~~932.5517 0.00 0.00 2-A 215,719,000.00 5.~~39760~~39222% ~~214~~211,~~372~~366,~~288~~539.2873 ~~964~~949,~~245~~779.6255 0.00 0.00 3-A1 402,122,000.00 4.67000% ~~398~~387,~~787~~456,~~546~~584.5870 1,~~551~~507,~~948~~851.2088 0.00 0.00 3-A2 11,372,000.00 4.67000% 1110,~~277~~957,~~701~~262.74 43 42,~~889~~642.0601 0.00 0.00 3-AX 0.00 4.67000% 5956,~~064~~519,~~462~~985.3947 ~~229~~219,~~859~~956.2094 0.00 0.00 3-PAX 0.00 4.67000% 30,~~392~~350,~~543~~639.6370 118,~~277~~114.6557 0.00 0.00 4-A 254,625,000.00 3.~~93936~~93276% ~~253~~251,~~760~~353,~~577~~129.4362 ~~833~~823,~~045~~759.7081 0.00 0.00 5-A1 82,175,000.00 4.90000% 81,~~571~~529,~~479~~565.4370 ~~333~~332,~~083~~912.5439 0.00 0.00 5-A2 2,324,000.00 4.90000% 2,~~306~~305,~~931~~746.7740 9,~~419~~415.9713 0.00 0.00 5-AX 0.00 4.90000% 6,~~990~~987,~~078~~644.9605 28,~~542~~532.8288 0.00 0.00 5-PAX 0.00 4.90000% 5,~~204~~202,~~745~~591.3684 21,~~252~~243.7192 0.00 0.00 6-A 107,729,000.00 5.~~65939~~65926% 107,~~714~~600,~~930~~276.6411 ~~508~~507,~~000~~448.7945 0.00 0.00 7-A 65,424,000.00 5.~~37970~~37385% 6564,~~408~~937,~~118~~401.4935 ~~293~~290,~~229~~802.96 0.00 0.00 M 18,261,000.00 2.~~43250~~68000% 18,~~254~~248,~~578~~168.0549 3942,~~470~~112.4572 0.00 0.00 MX 0.00 2.~~16744~~06641% 18,~~254~~248,~~578~~168.0549 3532,~~169~~470.4795 0.00 0.00 B1 18,261,000.00 2.~~53250~~78000% 18,~~254~~248,~~578~~168.0549 4143,~~093~~684.0809 0.00 0.00 B1X 0.00 21.~~06744~~96641% 18,~~254~~248,~~578~~168.0549 3330,~~546~~899.8458 0.00 0.00 B2 25,565,000.00 2.~~58250~~83000% 25,~~556~~547,~~009~~036.4117 5862,~~665~~256.2471 0.00 0.00 B2X 0.00 21.~~01744~~91641% 25,~~556~~547,~~009~~036.4117 4542,~~829~~158.0279 0.00 0.00 B3 2,737,000.00 3.~~03250~~28000% 2,~~736~~735,~~037~~076.4678 7,~~375~~725.1407 0.00 0.00 B3X 0.00 1.~~56744~~46641% 2,~~736~~735,~~037~~076.4678 3,~~812~~453.0670 0.00 0.00 B4 16,434,000.00 4.~~90660~~90462% 16,~~428~~422,~~220~~452.5627 67,~~172~~121.2563 0.00 0.00 B5 3,650,000.00 4.~~90660~~90462% 3,~~648~~647,~~716~~435.3824 14,~~918~~907.9975 0.00 0.00 B6 6,389,000.00 4.~~90660~~90462% 6,~~386~~384,~~753~~510.1462 26,~~114~~094.3769 0.00 0.00 B7 10,041,000.00 4.~~90660~~90462% 10,~~037~~033,~~468~~944.8246 41,~~041~~010.5360 0.00 0.00 B8 7,302,000.00 4.~~90660~~90462% 7,~~299~~296,~~432~~869.0608 29,~~846~~823.1666 0.00 0.00 B9 5,509,680.00 4.~~90660~~90462% 5,~~507~~505,~~742~~808.3850 22,~~520~~503.2427 0.00 0.00 CX 0.00 0.00000% 0.00 0.00 0.00 0.00 P-I 0.00 0.00000% 0.00 0.00 0.00 0.00 P-II 0.00 0.00000% 0.00 0.00 0.00 0.00 P-III 0.00 0.00000% 0.00 0.00 0.00 0.00 R 100.00 5.~~12721~~12529% 0.00 0.00 0.00 0.00 Totals 1,826,329,780.00 7,~~817~~687,~~306~~615.6187 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance 1-A 0.00 0.00 2,~~415~~368,~~936~~932.5517 0.00 ~~554~~545,~~437~~240,~~984~~352.9915 2-A 0.00 0.00 ~~964~~949,~~245~~779.6255 0.00 ~~211~~209,~~366~~764,~~539~~510.7305 3-A1 0.00 0.00 1,~~551~~507,~~948~~851.2088 0.00 ~~387~~379,~~456~~519,~~584~~381.7006 3-A2 0.00 0.00 4342,~~889~~642.0601 0.00 10,~~957~~732,~~262~~798.4351 3-AX 0.00 0.00 ~~228~~219,~~632~~956.3194 0.00 ~~(286~~54,~~236~~340,~~908~~612.~~20)~~48 3-PAX 0.00 0.00 ~~117~~118,~~646~~114.3357 0.00 ~~(139~~30,~~732~~199,~~658~~859.~~54)~~49 4-A 0.00 0.00 ~~833~~823,~~045~~759.7081 0.00 ~~251~~248,~~353~~191,~~129~~709.6201 5-A1 0.00 0.00 ~~333~~332,~~083~~912.5439 0.00 8177,~~529~~884,~~565~~979.7008 5-A2 0.00 0.00 9,~~419~~415.9713 0.00 2,~~305~~202,~~746~~673.4046 5-AX 0.00 0.00 28,~~431~~532.0288 0.00 6,~~987~~233,~~644~~567.0502 5-PAX 0.00 0.00 21,~~169~~243.4692 0.00 5,~~202~~201,~~591~~121.8457 6-A 0.00 0.00 ~~508~~507,~~000~~448.7945 0.00 ~~107~~106,~~600~~588,~~276~~019.1170 7-A 0.00 0.00 ~~293~~290,~~229~~802.96 0.00 6463,~~937~~672,~~401~~193.3576 M 0.00 0.00 3942,~~470~~112.4572 0.00 18,~~248~~241,~~168~~733.4971 MX 0.00 0.00 3532,~~169~~470.4795 0.00 18,~~248~~241,~~168~~733.4971 B1 0.00 0.00 4143,~~093~~684.0809 0.00 18,~~248~~241,~~168~~733.4971 B1X 0.00 0.00 3330,~~546~~899.8458 0.00 18,~~248~~241,~~168~~733.4971 B2 0.00 0.00 5862,~~665~~256.2471 0.00 25,~~547~~538,~~036~~027.1761 B2X 0.00 0.00 4542,~~829~~158.0279 0.00 25,~~547~~538,~~036~~027.1761 B3 0.00 0.00 7,~~375~~725.1407 0.00 2,~~735~~734,~~076~~112.7832 B3X 0.00 0.00 3,~~812~~453.0670 0.00 2,~~735~~734,~~076~~112.7832 B4 0.00 0.00 6567,~~027~~121.2463 0.00 16,~~422~~416,~~452~~661.2729 B5 0.00 0.00 1314,~~986~~907.5675 0.00 3,~~647~~646,~~435~~149.2406 B6 0.00 0.00 2426,~~482~~094.2269 0.00 6,~~384~~382,~~510~~259.6228 B7 0.00 0.00 41,~~041~~010.5360 0.00 10,~~033~~030,~~944~~406.4623 B8 0.00 0.00 29,~~846~~823.1666 0.00 7,~~296~~294,~~869~~296.0802 B9 0.00 0.00 22,~~520~~503.2427 0.00 5,~~505~~503,~~808~~867.5000 CX 0.00 0.00 0.00 0.00 0.00 P-I 0.00 0.00 052,430.0066 0.00 0.00 P-II 0.00 0.00 0.00 0.00 0.00 P-III 0.00 0.00 0.00 0.00 0.00 R 0.00 0.00 ~~6,764~~0.5000 0.00 0.00 Totals 0.00 0.00 7,~~817~~740,~~308~~046.2653 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall 1-A 570,690,000.00 5.~~12804~~12721% ~~990~~971.~~63834860~~52216613 4.~~23336058~~15099646 0.00000000 0.00000000 2-A 215,719,000.00 5.~~39760~~39222% ~~993~~979.~~75710197~~82347280 4.~~46991512~~40285533 0.00000000 0.00000000 3-A1 402,122,000.00 4.67000% ~~991~~963.~~70785627~~52993544 3.~~85939640~~74973734 0.00000000 0.00000000 3-A2 11,372,000.00 4.67000% ~~991~~963.~~70785614~~52993581 3.~~85939676~~74973707 0.00000000 0.00000000 3-AX 0.00 4.67000% ~~984~~942.~~43784671~~02859961 3.~~83110396~~66606124 0.00000000 0.00000000 3-PAX 0.00 4.67000% ~~999~~998.~~89375595~~51514551 3.~~89125323~~88588801 0.00000000 0.00000000 4-A 254,625,000.00 3.~~93936~~93276% ~~996~~987.~~60511509~~15023906 3.~~27165714~~23518826 0.00000000 0.00000000 5-A1 82,175,000.00 4.90000% 992.~~65566693~~14561241 4.~~05334396~~05126121 0.00000000 0.00000000 5-A2 2,324,000.00 4.90000% 992.~~65566695~~14561102 4.~~05334337~~05126076 0.00000000 0.00000000 5-AX 0.00 4.90000% 989.~~67240514~~32766466 4.~~04116198~~03975465 0.00000000 0.00000000 5-PAX 0.00 4.90000% 999.~~80662928~~39294842 4.~~08254369~~08085518 0.00000000 0.00000000 6-A 107,729,000.00 5.~~65939~~65926% ~~999~~998.~~86940044~~80511385 4.~~71554354~~71041642 0.00000000 0.00000000 7-A 65,424,000.00 5.~~37970~~37385% ~~999~~992.~~75725254~~56238307 4.~~48199376~~44489729 0.00000000 0.00000000 M 18,261,000.00 2.~~43250~~68000% 999.~~64832430~~29732709 2.~~16146158~~30615629 0.00000000 0.00000000 MX 0.00 2.~~16744~~06641% 999.~~64832430~~29732709 1.~~92593341~~77815837 0.00000000 0.00000000 B1 18,261,000.00 2.~~53250~~78000% 999.~~64832430~~29732709 2.~~25031926~~39220689 0.00000000 0.00000000 B1X 0.00 21.~~06744~~96641% 999.~~64832430~~29732709 1.~~83707574~~69210777 0.00000000 0.00000000 B2 25,565,000.00 2.~~58250~~83000% 999.~~64832427~~29732721 2.~~29474829~~43523215 0.00000000 0.00000000 B2X 0.00 21.~~01744~~91641% 999.~~64832427~~29732721 1.~~79264698~~64908234 0.00000000 0.00000000 B3 2,737,000.00 3.~~03250~~28000% 999.~~64832298~~29732554 2.~~69460723~~82245890 0.00000000 0.00000000 B3X 0.00 1.~~56744~~46641% 999.~~64832298~~29732554 1.~~39278772~~26185605 0.00000000 0.00000000 B4 16,434,000.00 4.~~90660~~90462% 999.~~64832421~~29732688 4.~~08739503~~08431484 0.00000000 0.00000000 B5 3,650,000.00 4.~~90660~~90462% 999.~~64832329~~29732603 4.~~08739452~~08431507 0.00000000 0.00000000 B6 6,389,000.00 4.~~90660~~90462% 999.~~64832368~~29732666 4.~~08739552~~08431523 0.00000000 0.00000000 B7 10,041,000.00 4.~~90660~~90462% 999.~~64832387~~29732696 4.~~08739468~~08431431 0.00000000 0.00000000 B8 7,302,000.00 4.~~90660~~90462% 999.~~64832375~~29732676 4.~~08739523~~08431389 0.00000000 0.00000000 B9 5,509,680.00 4.~~90660~~90462% 999.~~64832440~~29732761 4.~~08739528~~08431524 0.00000000 0.00000000 CX 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P-I 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P-II 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P-III 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 5.~~12721~~12529% 0.00000000 0.00000000 0.00000000 0.00000000 (5) all classes per $1,000 denominations

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-A 0.00000000 0.00000000 4.~~23336058~~15099646 0.00000000 ~~971~~955.~~52216613~~40547784 2-A 0.00000000 0.00000000 4.~~46991512~~40285533 0.00000000 ~~979~~972.~~82347280~~39700745 3-A1 0.00000000 0.00000000 3.~~85939640~~74973734 0.00000000 ~~963~~943.~~52993544~~79163801 3-A2 0.00000000 0.00000000 3.~~85939676~~74973707 0.00000000 ~~963~~943.~~52993581~~79163823 3-AX 0.00000000 0.00000000 3.~~81065517~~66606124 0.00000000 ~~(4770~~905.~~76120147)~~70460432 3-PAX 0.00000000 0.00000000 3.~~87048324~~88588801 0.00000000 ~~(4597~~993.~~10824068)~~55458043 4-A 0.00000000 0.00000000 3.~~27165714~~23518826 0.00000000 ~~987~~974.~~15023906~~73425237 5-A1 0.00000000 0.00000000 4.~~05334396~~05126121 0.00000000 ~~992~~947.~~14561241~~79408677 5-A2 0.00000000 0.00000000 4.~~05334337~~05126076 0.00000000 ~~992~~947.~~14561102~~79408778 5-AX 0.00000000 0.00000000 4.~~02533306~~03975465 0.00000000 ~~989~~882.~~32766466~~56360202 5-PAX 0.00000000 0.00000000 4.~~06655177~~08085518 0.00000000 999.~~39294842~~11051660 6-A 0.00000000 0.00000000 4.~~71554354~~71041642 0.00000000 ~~998~~989.~~80511385~~40879150 7-A 0.00000000 0.00000000 4.~~48199376~~44489729 0.00000000 ~~992~~973.~~56238307~~22379799 M 0.00000000 0.00000000 2.~~16146158~~30615629 0.00000000 ~~999~~998.~~29732709~~94494880 MX 0.00000000 0.00000000 1.~~92593341~~77815837 0.00000000 ~~999~~998.~~29732709~~94494880 B1 0.00000000 0.00000000 2.~~25031926~~39220689 0.00000000 ~~999~~998.~~29732709~~94494880 B1X 0.00000000 0.00000000 1.~~83707574~~69210777 0.00000000 ~~999~~998.~~29732709~~94494880 B2 0.00000000 0.00000000 2.~~29474829~~43523215 0.00000000 ~~999~~998.~~29732721~~94494856 B2X 0.00000000 0.00000000 1.~~79264698~~64908234 0.00000000 ~~999~~998.~~29732721~~94494856 B3 0.00000000 0.00000000 2.~~69460723~~82245890 0.00000000 ~~999~~998.~~29732554~~94494702 B3X 0.00000000 0.00000000 1.~~39278772~~26185605 0.00000000 ~~999~~998.~~29732554~~94494702 B4 0.00000000 0.00000000 34.~~95687234~~08431484 0.00000000 ~~999~~998.~~29732688~~94494889 B5 0.00000000 0.00000000 34.~~83193425~~08431507 0.00000000 ~~999~~998.~~29732603~~94494795 B6 0.00000000 0.00000000 34.~~83193301~~08431523 0.00000000 ~~999~~998.~~29732666~~94494913 B7 0.00000000 0.00000000 4.~~08739468~~08431431 0.00000000 ~~999~~998.~~29732696~~94494871 B8 0.00000000 0.00000000 4.~~08739523~~08431389 0.00000000 ~~999~~998.~~29732676~~94494933 B9 0.00000000 0.00000000 4.~~08739528~~08431524 0.00000000 ~~999~~998.~~29732761~~94494780 CX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 ~~67645~~0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 36,~~842~~305,~~892~~128.7490 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 36,~~842~~305,~~892~~128.7490 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~383~~376,~~035~~984.7821 Payment of Interest and Principal 3635,~~459~~928,~~856~~144.9669 Total Withdrawals (Pool Distribution Amount) 36,~~842~~305,~~892~~128.7490 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~379~~373,~~255~~263.2535 Wells Fargo Bank, NA 3,~~780~~720.5386 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~383~~376,~~035~~984.7821

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 010 0 0 0 010 03,590,518.0046 0.00 0.00 0.00 03,590,518.0046 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 010 0 0 0 010 03,590,518.0046 0.00 0.00 0.00 03,590,518.0046 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~194439% 0.000000% 0.000000% 0.000000% 0.~~000000~~194439% 0.~~000000~~204202% 0.000000% 0.000000% 0.000000% 0.~~000000~~204202% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~000000~~194439% 0.000000% 0.000000% 0.000000% 0.~~000000~~194439% 0.~~000000~~204202% 0.000000% 0.000000% 0.000000% 0.~~000000~~204202%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 04 0 0 0 04 01,475,770.0047 0.00 0.00 0.00 01,475,770.0047 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 04 0 0 0 04 01,475,770.0047 0.00 0.00 0.00 01,475,770.0047 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~249377% 0.000000% 0.000000% 0.000000% 0.~~000000~~249377% 0.~~000000~~252993% 0.000000% 0.000000% 0.000000% 0.~~000000~~252993% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~000000~~249377% 0.000000% 0.000000% 0.000000% 0.~~000000~~249377% 0.~~000000~~252993% 0.000000% 0.000000% 0.000000% 0.~~000000~~252993% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 02 0 0 0 02 0406,400.00 0.00 0.00 0.00 0406,400.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 02 0 0 0 02 0406,400.00 0.00 0.00 0.00 0406,400.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~172712% 0.000000% 0.000000% 0.000000% 0.~~000000~~172712% 0.~~000000~~181296% 0.000000% 0.000000% 0.000000% 0.~~000000~~181296% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~000000~~172712% 0.000000% 0.000000% 0.000000% 0.~~000000~~172712% 0.~~000000~~181296% 0.000000% 0.000000% 0.000000% 0.~~000000~~181296% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3AX 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 03 0 0 0 03 01,317,947.0099 0.00 0.00 0.00 01,317,947.0099 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 03 0 0 0 03 01,317,947.0099 0.00 0.00 0.00 01,317,947.0099 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~447761% 0.000000% 0.000000% 0.000000% 0.~~000000~~447761% 0.~~000000~~472659% 0.000000% 0.000000% 0.000000% 0.~~000000~~472659% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~000000~~447761% 0.000000% 0.000000% 0.000000% 0.~~000000~~447761% 0.~~000000~~472659% 0.000000% 0.000000% 0.000000% 0.~~000000~~472659% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 5AX No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 6 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 7 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3PAX 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 0390,400.00 0.00 0.00 0.00 0390,400.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 01 0 0 0 01 0390,400.00 0.00 0.00 0.00 0390,400.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~344828% 0.000000% 0.000000% 0.000000% 0.~~000000~~344828% 0.~~000000~~280784% 0.000000% 0.000000% 0.000000% 0.~~000000~~280784% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~000000~~344828% 0.000000% 0.000000% 0.000000% 0.~~000000~~344828% 0.~~000000~~280784% 0.000000% 0.000000% 0.000000% 0.~~000000~~280784% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 5PAX No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 651,858.00 0.03569224% 651,858.00 0.~~03649792~~03708320% Fraud 36,526,596.00 2.00000002% 36,526,596.00 2.~~04514616~~07794166% Special Hazard 18,263,297.00 0.99999996% 1817,~~263~~578,~~297~~258.0063 1.~~02257303~~00000000% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.~~423641~~419417% Weighted Average Net Coupon 5.~~172846~~168626% Weighted Average Pass-Through Rate 5.~~170346~~165931% Weighted Average Maturity(Stepdown Calculation ) ~~357~~356 Beginning Scheduled Collateral Loan Count 5,~~279~~213 Number Of Loans Paid In Full 6670 Ending Scheduled Collateral Loan Count 5,~~213~~143 Beginning Scheduled Collateral Balance 1,~~814~~786,~~656~~013,~~509~~961.9423 Ending Scheduled Collateral Balance 1,~~786~~757,~~013~~825,~~961~~863.2308 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2004 1,~~786~~758,~~496~~319,~~131~~154.9721 Monthly P &I Constant 8,~~840~~699,~~313~~928.9540 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~638~~633,~~609~~966.1657 Unscheduled Principal 2827,~~003~~554,~~939~~131.5558

Group Level Collateral Statement Group 1 2 3AX Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 5.~~383801~~382978 5.~~650282~~644912 5.~~851600~~847354 Weighted Average Net Rate 5.~~132952~~132164 5.~~400096~~394724 5.~~598982~~594632 Weighted Average Maturity ~~357~~356 ~~357~~ 356 355 Beginning Loan Count 1,~~651~~628 1,~~175~~164 ~~714~~690 Loans Paid In Full 2324 116 2420 Ending Loan Count 1,~~628~~604 1,~~164~~158 ~~690~~670 Beginning Scheduled Balance ~~603~~592,~~389~~475,~~193~~040.8082 ~~228~~225,~~752~~744,~~187~~126.5299 ~~297~~286,~~718~~236,~~845~~908.8520 Ending scheduled Balance ~~592~~583,~~475~~272,~~040~~700.8240 ~~225~~224,~~744~~139,~~126~~784.9982 ~~286~~278,~~236~~779,~~908~~458.2067 Record Date 1011/3130/2004 1011/3130/2004 1011/3130/2004 Principal And Interest Constant 2,~~782~~731,~~269~~059.4595 1,~~113~~098,~~873~~230.7517 1,~~519~~460,~~330~~498.2142 Scheduled Principal 7573,~~163~~326.3944 36,~~778~~308.4665 6765,~~553~~724.8958 Unscheduled Principal 109,~~838~~129,~~989~~013.5998 21,~~971~~568,~~282~~033.0752 117,~~414~~391,~~383~~724.7695 Scheduled Interest 2,~~707~~657,~~106~~733.0651 1,~~077~~061,~~095~~921.2952 1,~~451~~394,~~776~~773.3284 Servicing Fees ~~126~~123,~~132~~834.7752 47,~~692~~065.1143 6260,~~674~~281.2292 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 1,~~257~~234.0632 ~~476~~470.5730 ~~620~~596.2533 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0290.0087 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 2,~~579~~532,~~716~~373.2380 1,~~028~~014,~~926~~385.6179 1,~~388~~333,~~481~~895.8559 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.~~130452~~129074 5.~~397596~~392224 5.~~596482~~592132

Group Level Collateral Statement Group 4 5AX 6 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 4.~~191862~~185261 5.~~771275~~771426 5.~~911892~~911763 Weighted Average Net Rate 3.~~941862~~935261 5.~~520462~~520612 5.~~661892~~661763 Weighted Average Maturity ~~355~~354 ~~356~~ 355 354 Beginning Loan Count ~~544~~539 162 285 Loans Paid In Full 5 07 02 Ending Loan Count ~~539~~534 ~~162~~155 ~~285~~283 Beginning Scheduled Balance ~~270~~268,~~711~~280,~~924~~149.2891 55,~~426~~393,~~455~~596.3317 114,~~896~~781,~~734~~332.5885 Ending scheduled Balance ~~268~~265,~~280~~094,~~149~~271.9170 5551,~~393~~652,~~596~~795.1701 ~~114~~113,~~781~~768,~~332~~322.8543 Record Date 1011/3130/2004 1011/3130/2004 1011/3130/2004 Principal And Interest Constant 1,~~334~~323,~~149~~319.6327 289,~~647~~619.2330 ~~578~~577,~~001~~518.4171 Scheduled Principal ~~388~~387,~~493~~633.7292 23,~~079~~202.4560 1112,~~953~~052.8403 Unscheduled Principal 2,~~043~~798,~~280~~244.6529 93,~~779~~717,598.7156 ~~103~~1,~~447~~000,958.8939 Scheduled Interest ~~945~~935,~~655~~685.9135 266,~~567~~416.7870 ~~566~~565,~~047~~466.5768 Servicing Fees 5655,~~398~~891.3270 11,~~584~~577.7692 23,~~936~~912.8278 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee ~~563~~558.9892 115.4740 239.3713 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest ~~888~~879,~~693~~234.6173 254,~~867~~723.5538 541,~~871~~314.3877 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 3.~~939362~~932761 5.~~517962~~518112 5.~~659392~~659263

Group Level Collateral Statement Group 7 3PAX 5PAX Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 5.~~633106~~627260 5.~~938253~~938124 5.~~900739~~900694 Weighted Average Net Rate 5.~~382201~~376348 5.~~688253~~688124 5.~~650739~~650694 Weighted Average Maturity ~~357~~356.00 ~~357~~356.00 ~~357~~356.00 Record Date 1011/3130/2004 1011/3130/2004 1011/3130/2004 Principal And Interest Constant ~~340~~337,~~225~~349.9025 ~~710~~709,~~409~~962.07 172,~~407~~371.3026 Beginning Loan Count ~~367~~365 ~~292~~291 89 Loans Paid In Full 25 1 0 Ending Loan Count ~~365~~360 ~~291~~290 89 Beginning Scheduled Balance 69,~~769~~297,~~288~~776.5485 139,~~907~~732,~~514~~658.6054 34,~~084~~072,~~365~~370.4490 Ending Scheduled Balance 6968,~~297~~031,~~776~~789.8594 139,~~732~~022,~~658~~991.5483 34,~~072~~063,~~370~~748.9028 Scheduled Principal 12,~~711~~385.0440 18,~~070~~503.5388 4,~~804~~829.8407 Unscheduled Principal ~~458~~1,~~800~~253,601.6551 ~~156~~691,~~785~~162.5383 73,~~189~~793.7055 Scheduled Interest ~~327~~324,~~514~~963.8685 ~~692~~691,~~338~~458.5419 167,~~602~~542.4619 Servicing Fee 14,~~587~~489.9470 29,~~147~~110.4097 7,~~100~~098.9141 Master Servicing Fee 0.00 0.00 0.00 Trustee Fee ~~145~~144.3537 291.4711 7170.0198 Fry Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest ~~312~~310,~~781~~329.5778 662,~~899~~056.6711 160,~~430~~372.5480 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.~~379701~~373848 5.~~685753~~685624 5.~~648239~~648194

Group Level Collateral Statement Group Total Collateral Description Mixed Fixed & Arm Weighted Average Coupon Rate 5.~~423641~~419417 Weighted Average Net Rate 5.~~172846~~168626 Weighted Average Maturity ~~357~~356.00 Record Date 1011/3130/2004 Principal And Interest Constant 8,~~840~~699,~~313~~928.9540 Beginning Loan Count 5,~~279~~213 Loans Paid In Full 6670 Ending Loan Count 5,~~213~~143 Beginning Scheduled Balance 1,~~814~~786,~~656~~013,~~509~~961.9423 Ending Scheduled Balance 1,~~786~~757,~~013~~825,~~961~~863.2308 Scheduled Principal ~~638~~633,~~609~~966.1657 Unscheduled Principal 2827,~~003~~554,~~939~~131.5558 Scheduled Interest 8,~~201~~065,~~704~~961.7983 Servicing Fee ~~379~~373,~~255~~263.2535 Master Servicing Fee 0.00 Trustee Fee 3,~~780~~720.5386 Fry Amount 0.00 Special Hazard Fee 0.00 Other Fee 0290.0087 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 7,~~818~~688,~~669~~686.0175 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 5.~~170346~~165931

Filing Compare · STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2004-14