8-K 1 bst03009_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 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 Pooling and Servicing Agreement) (Commission 54-2139198 (State or other File Number) 54-2139199 jurisdiction 54-2139200 of Incorporation) IRS EIN 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 December 27, 2004 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2003-9 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-9 Trust, relating to the 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. 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: 12/30/2004 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 December 27, 2004 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 1011/3130/2004 Distribution Date: 1112/2627/2004 ~~BST~~Bear Stearns ARM Trust Mortgage Pass-Through Certificates 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.~~07868~~07649% 3533,~~489~~857,~~711~~715.4196 9186,~~051~~802.1245 1,~~631~~324,~~995~~828.4532 I-X-1 07384MA93 SEN 1.24000% 0.00 3634,~~672~~986.7031 0.00 I-A-2 07384MB27 SEN 4.~~22868~~22649% 8884,~~683~~605,~~607~~488.3095 ~~312~~297,~~511~~986.9290 43,~~078~~310,~~118~~552.3556 I-X-2 07384MB35 SEN 0.09000% 0.00 6,~~651~~345.2741 0.00 I-A-3 07384MB43 SEN 3.~~35668~~35449% 1413,~~195~~543,~~884~~086.5638 3937,~~709~~858.1646 ~~652~~529,~~798~~931.1833 I-X-3 07384MB50 SEN 0.96200% 0.00 1110,~~380~~857.3704 0.00 II-A-1 07384MB68 SEN 4.~~59231~~58417% ~~149~~143,~~441~~752,~~854~~780.5138 ~~571~~549,~~902~~156.1002 5,~~689~~810,~~074~~389.1409 II-X-1 07384MB76 SEN 0.33400% 0.00 4140,~~594~~011.6519 0.00 II-A-2 07384MB84 SEN 4.~~72630~~71817% 2928,~~888~~750,~~370~~556.9008 ~~117~~113,~~717~~041.9668 1,~~137~~162,~~814~~077.8382 II-X-2 07384MB92 SEN 0.20000% 0.00 4,~~981~~791.4076 0.00 II-X-3 07384MC34 SEN 0.32400% 0.00 11,~~467~~031.9740 0.00 II-A-3 07384MC26 SEN 4.~~60231~~59417% 4240,~~473~~857,~~977~~043.2734 ~~162~~156,~~898~~420.4918 1,~~616~~651,~~933~~413.9376 III-A-1 07384MC42 SEN 4.~~49333~~48980% 6563,~~637~~631,~~879~~785.5965 ~~245~~238,~~777~~078.1514 2,~~006~~095,~~093~~138.9398 III-X-1 07384MC59 SEN 0.56200% 0.00 3029,~~740~~800.4189 0.00 III-A-2 07384MC67 SEN 5.~~05533~~05180% 7169,~~643~~453,~~097~~466.8814 ~~301~~292,~~816~~387.1831 2,~~189~~286,~~631~~823.7353 III-A-3 07384MC75 SEN 4.~~43033~~42680% 4443,~~409~~051,~~178~~898.8782 ~~163~~158,~~956~~818.0633 1,~~357~~417,~~280~~526.0502 III-X-3 07384MC83 SEN 0.62500% 0.00 2322,~~129~~422.7886 0.00 IV-A-1 07384MC91 SEN 4.~~97076~~96783% ~~108~~106,~~151~~846,~~388~~912.3185 ~~447~~442,~~995~~331.2011 1,~~304~~583,~~475~~224.4636 IV-X-1 07384MD25 SEN 0.21900% 0.00 19,~~737~~499.6356 0.00 R-I 07384MD33 SEN 4.~~38225~~38396% 0.00 0.00 0.00 R-II 07384MD41 SEN 4.~~38225~~38396% 0.00 0.00 0.00 R-III 07384MD58 SEN 4.~~38225~~38396% 0.00 0.00 0.00 B-1 07384MD66 SUB 4.~~85989~~85512% 12,~~705~~700,~~424~~358.7472 51,~~455~~384.8175 5,~~066~~149.0226 B-2 07384MD74 SUB 4.~~85989~~85512% 7,~~448~~445,~~031~~061.6591 30,~~163~~122.8519 23,~~969~~018.7454 B-3 07384MD82 SUB 4.~~85989~~85512% 4,~~381~~379,~~077~~331.8903 17,~~742~~718.9746 1,~~746~~775.8657 B-4 07384MD90 SUB 4.~~85989~~85512% 3,~~943~~941,~~069~~497.7250 15,~~969~~947.0702 1,~~572~~598.2205 B-5 07384ME24 SUB 4.~~85989~~85512% 2,~~628~~627,~~746~~698.3519 10,~~646~~631.1848 1,~~048~~065.1638 B-6 07384ME32 SUB 4.~~85989~~85512% 1,752,~~726~~027.0115 7,~~098~~088.3858 ~~698~~710.8635 Totals ~~682~~661,~~874~~196,~~026~~709.9605 2,~~774~~685,~~767~~519.7848 21,~~677~~185,~~317~~222.9192

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 3332,~~857~~532,~~715~~887.9663 1,~~723~~411,~~046~~630.5777 0.00 I-X-1 0.00 0.00 3634,~~672~~986.7031 0.00 I-A-2 0.00 8481,~~605~~294,~~488~~936.9540 43,~~390~~608,~~630~~539.2746 0.00 I-X-2 0.00 0.00 6,~~651~~345.2741 0.00 I-A-3 0.00 13,~~543~~013,~~086~~155.3805 ~~692~~567,~~507~~789.3479 0.00 I-X-3 0.00 0.00 1110,~~380~~857.3704 0.00 II-A-1 0.00 ~~143~~137,~~752~~942,~~780~~391.3828 6,~~260~~359,~~976~~545.2411 0.00 II-X-1 0.00 0.00 4140,~~594~~011.6519 0.00 II-A-2 0.00 2827,~~750~~588,~~556~~478.0826 1,~~255~~275,~~532~~119.7950 0.00 II-X-2 0.00 0.00 4,~~981~~791.4076 0.00 II-X-3 0.00 0.00 11,~~467~~031.9740 0.00 II-A-3 0.00 4039,~~857~~205,~~043~~629.3458 1,~~779~~807,~~832~~833.4294 0.00 III-A-1 0.00 6361,~~631~~536,~~785~~646.6567 2,~~251~~333,~~871~~217.0812 0.00 III-X-1 0.00 0.00 3029,~~740~~800.4189 0.00 III-A-2 0.00 6967,~~453~~166,~~466~~642.1462 2,~~491~~579,~~447~~210.9184 0.00 III-A-3 0.00 4341,~~051~~634,~~898~~372.8281 1,~~521~~576,~~236~~344.1135 0.00 III-X-3 0.00 0.00 2322,~~129~~422.7886 0.00 IV-A-1 0.00 ~~106~~105,~~846~~263,~~912~~688.8549 12,~~752~~025,~~470~~555.6647 0.00 IV-X-1 0.00 0.00 19,~~737~~499.6356 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,~~700~~695,~~358~~209.7246 56,~~521~~534.8301 0.00 B-2 0.00 7,~~445~~442,~~061~~043.9136 33,~~133~~140.5973 0.00 B-3 0.00 4,~~379~~377,~~331~~555.0347 19,~~489~~494.8303 0.00 B-4 0.00 3,~~941~~939,~~497~~899.5045 17,~~541~~545.2907 0.00 B-5 0.00 2,~~627~~626,~~698~~632.1981 11,~~694~~696.3486 0.00 B-6 0.00 1,~~752~~751,~~027~~316.1580 7,~~797~~798.2493 0.00 Totals 0.00 ~~661~~640,~~196~~011,~~709~~486.0514 2423,~~452~~870,~~085~~742.6940 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 3533,~~489~~857,~~711~~715.4196 9,~~733~~251.4418 1,~~622~~315,~~262~~577.0114 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 8884,~~683~~605,~~607~~488.3095 2423,~~322~~117.4436 43,~~053~~287,~~795~~435.9120 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 1413,~~195~~543,~~884~~086.5638 3,~~893~~700.3747 ~~648~~526,~~904~~230.8086 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 ~~149~~143,~~441~~752,~~854~~780.5138 5957,~~108~~391.0800 5,~~629~~752,~~966~~998.0510 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 2928,~~888~~750,~~370~~556.9008 11,~~821~~478.6220 1,~~125~~150,~~993~~599.2162 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 4240,~~473~~857,~~977~~043.2734 16,~~799~~311.5552 1,~~600~~635,~~134~~102.3924 0.00 0.00 III-A-1 82,547,700.00 6563,~~637~~631,~~879~~785.5965 33,~~101~~185.8551 12,~~972~~061,~~992~~953.0947 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 7169,~~643~~453,~~097~~466.8814 36,~~130~~221.3466 2,~~153~~250,~~501~~601.3987 0.00 0.00 III-A-3 55,850,000.00 4443,~~409~~051,~~178~~898.8782 22,~~396~~452.0060 1,~~334~~395,~~884~~073.0541 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 ~~108~~106,~~151~~846,~~388~~912.3185 44,~~111~~309.7394 1,~~260~~538,~~363~~914.7342 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,~~705~~700,~~424~~358.7472 5,~~066~~149.0226 0.00 0.00 0.00 B-2 7,476,800.00 7,~~448~~445,~~031~~061.6591 23,~~969~~018.7454 0.00 0.00 0.00 B-3 4,398,000.00 4,~~381~~379,~~077~~331.8903 1,~~746~~775.8657 0.00 0.00 0.00 B-4 3,958,300.00 3,~~943~~941,~~069~~497.7250 1,~~572~~598.2205 0.00 0.00 0.00 B-5 2,638,900.00 2,~~628~~627,~~746~~698.3519 1,~~048~~065.1638 0.00 0.00 0.00 B-6 1,759,495.99 1,752,~~726~~027.0115 ~~698~~710.8635 0.00 0.00 0.00 Totals 879,622,845.99 ~~682~~661,~~874~~196,~~026~~709.9605 ~~274~~270,~~520~~736.2859 2120,~~402~~914,~~797~~486.6333 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,~~631~~324,~~995~~828.4532 3332,~~857~~532,~~715~~887.9663 0.~~67715432~~65065775 1,~~631~~324,~~995~~828.4532 I-X-1 0.00 0.00 0.00000000 0.00 I-A-2 43,~~078~~310,~~118~~552.3556 8481,~~605~~294,~~488~~936.9540 0.~~67715432~~65065775 43,~~078~~310,~~118~~552.3556 I-X-2 0.00 0.00 0.00000000 0.00 I-A-3 ~~652~~529,~~798~~931.1833 13,~~543~~013,~~086~~155.3805 0.~~67715432~~65065775 ~~652~~529,~~798~~931.1833 I-X-3 0.00 0.00 0.00000000 0.00 II-A-1 5,~~689~~810,~~074~~389.1409 ~~143~~137,~~752~~942,~~780~~391.3828 0.~~71518796~~68628055 5,~~689~~810,~~074~~389.1409 II-X-1 0.00 0.00 0.00000000 0.00 II-A-2 1,~~137~~162,~~814~~077.8382 2827,~~750~~588,~~556~~478.0826 0.~~71518796~~68628055 1,~~137~~162,~~814~~077.8382 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,~~616~~651,~~933~~413.9376 4039,~~857~~205,~~043~~629.3458 0.~~71518796~~68628055 1,~~616~~651,~~933~~413.9376 III-A-1 2,~~006~~095,~~093~~138.9398 6361,~~631~~536,~~785~~646.6567 0.~~77084868~~74546773 2,~~006~~095,~~093~~138.9398 III-X-1 0.00 0.00 0.00000000 0.00 III-A-2 2,~~189~~286,~~631~~823.7353 6967,~~453~~166,~~466~~642.1462 0.~~77084868~~74546773 2,~~189~~286,~~631~~823.7353 III-A-3 1,~~357~~417,~~280~~526.0502 4341,~~051~~634,~~898~~372.8281 0.~~77084868~~74546773 1,~~357~~417,~~280~~526.0502 III-X-3 0.00 0.00 0.00000000 0.00 IV-A-1 1,~~304~~583,~~475~~224.4636 ~~106~~105,~~846~~263,~~912~~688.8549 0.~~85567479~~84299566 1,~~304~~583,~~475~~224.4636 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 5,~~066~~149.0226 12,~~700~~695,~~358~~209.7246 0.~~99575512~~99535140 5,~~066~~149.0226 B-2 23,~~969~~018.7454 7,~~445~~442,~~061~~043.9136 0.~~99575512~~99535140 23,~~969~~018.7454 B-3 1,~~746~~775.8657 4,~~379~~377,~~331~~555.0347 0.~~99575512~~99535140 1,~~746~~775.8657 B-4 1,~~572~~598.2205 3,~~941~~939,~~497~~899.5045 0.~~99575512~~99535140 1,~~572~~598.2205 B-5 1,~~048~~065.1638 2,~~627~~626,~~698~~632.1981 0.~~99575512~~99535140 1,~~048~~065.1638 B-6 ~~698~~710.8635 1,~~752~~751,~~027~~316.1580 0.~~99575513~~99535140 ~~698~~710.8635 Totals 21,~~677~~185,~~317~~222.9192 ~~661~~640,~~196~~011,~~709~~486.0514 0.~~75168206~~72759762 21,~~677~~185,~~317~~222.9192

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 ~~709~~677.~~79422820~~15431920 0.~~19466880~~18502360 3226.~~44524020~~31154280 0.00000000 I-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-2 124,942,700.00 ~~709~~677.~~79422807~~15431914 0.~~19466876~~18502369 3226.~~44524018~~31154281 0.00000000 I-X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 20,000,000.00 ~~709~~677.~~79422800~~15431900 0.~~19466850~~18502350 3226.~~44524000~~31154300 0.00000000 I-X-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 201,000,000.00 ~~743~~715.~~49181348~~18796209 0.~~29407005~~28552736 28.~~00978134~~62188109 0.00000000 II-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 40,200,000.00 ~~743~~715.~~49181343~~18796219 0.~~29407015~~28552736 28.~~00978134~~62188109 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 ~~743~~715.~~49181343~~18796206 0.~~29407013~~28552734 28.~~00978142~~62188115 0.00000000 III-A-1 82,547,700.00 ~~795~~770.~~15091989~~84868082 0.~~40100269~~40201617 2324.~~90123638~~97893303 0.00000000 III-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A-2 90,100,000.00 ~~795~~770.~~15091987~~84868080 0.~~40100266~~40201620 2324.~~90123629~~97893307 0.00000000 III-A-3 55,850,000.00 ~~795~~770.~~15091979~~84868075 0.~~40100269~~40201611 2324.~~90123635~~97893303 0.00000000 III-X-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 IV-A-1 124,868,600.00 ~~866~~855.~~12157348~~67478814 0.~~35326519~~35485254 1012.~~09352015~~32427063 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~~995.~~15231801~~75512329 0.~~39719472~~40372104 0.00000000 0.00000000 B-2 7,476,800.00 ~~996~~995.~~15231784~~75512385 0.~~39719399~~40372084 0.00000000 0.00000000 B-3 4,398,000.00 ~~996~~995.~~15231696~~75512278 0.~~39719418~~40372215 0.00000000 0.00000000 B-4 3,958,300.00 ~~996~~995.~~15231791~~75512215 0.~~39719577~~40372129 0.00000000 0.00000000 B-5 2,638,900.00 ~~996~~995.~~15231725~~75512145 0.~~39719580~~40372125 0.00000000 0.00000000 B-6 1,759,495.99 ~~996~~995.~~15231860~~75512531 0.~~39719329~~40372357 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 3226.~~63990900~~49656640 ~~677~~650.~~15431920~~65775260 0.~~67715432~~65065775 3226.~~63990900~~49656640 I-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-2 0.00000000 3226.~~63990893~~49656651 ~~677~~650.~~15431914~~65775271 0.~~67715432~~65065775 3226.~~63990893~~49656651 I-X-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 0.00000000 3226.~~63990900~~49656650 ~~677~~650.~~15431900~~65775250 0.~~67715432~~65065775 3226.~~63990900~~49656650 I-X-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 28.~~30385144~~90740841 ~~715~~686.~~18796209~~28055363 0.~~71518796~~68628055 28.~~30385144~~90740841 II-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 0.00000000 28.~~30385149~~90740846 ~~715~~686.~~18796219~~28055373 0.~~71518796~~68628055 28.~~30385149~~90740846 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 28.~~30385137~~90740849 ~~715~~686.~~18796206~~28055357 0.~~71518796~~68628055 28.~~30385137~~90740849 III-A-1 0.00000000 2425.~~30223895~~38094920 ~~770~~745.~~84868082~~46773163 0.~~77084868~~74546773 2425.~~30223895~~38094920 III-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A-2 0.00000000 2425.~~30223896~~38094928 ~~770~~745.~~84868080~~46773163 0.~~77084868~~74546773 2425.~~30223896~~38094928 III-A-3 0.00000000 2425.~~30223903~~38094933 ~~770~~745.~~84868075~~46773160 0.~~77084868~~74546773 2425.~~30223903~~38094933 III-X-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 IV-A-1 0.00000000 1012.~~44678534~~67912317 ~~855~~842.~~67478814~~99566496 0.~~85567479~~84299566 1012.~~44678534~~67912317 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.~~39719472~~40372104 995.~~75512329~~35140225 0.~~99575512~~99535140 0.~~39719472~~40372104 B-2 0.00000000 0.~~39719399~~40372084 995.~~75512385~~35140167 0.~~99575512~~99535140 0.~~39719399~~40372084 B-3 0.00000000 0.~~39719418~~40372215 995.~~75512278~~35140291 0.~~99575512~~99535140 0.~~39719418~~40372215 B-4 0.00000000 0.~~39719577~~40372129 995.~~75512215~~35140085 0.~~99575512~~99535140 0.~~39719577~~40372129 B-5 0.00000000 0.~~39719580~~40372125 995.~~75512145~~35140020 0.~~99575512~~99535140 0.~~39719580~~40372125 B-6 0.00000000 0.~~39719329~~40372357 995.~~75512531~~35140174 0.~~99575513~~99535140 0.~~39719329~~40372357 (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.~~07868~~07649% 3533,~~489~~857,~~711~~715.4196 9186,~~051~~802.1245 0.00 0.00 I-X-1 0.00 1.24000% 3533,~~489~~857,~~711~~715.4196 3634,~~672~~986.7031 0.00 0.00 I-A-2 124,942,700.00 4.~~22868~~22649% 8884,~~683~~605,~~607~~488.3095 ~~312~~297,~~511~~986.9290 0.00 0.00 I-X-2 0.00 0.09000% 8884,~~683~~605,~~607~~488.3095 6,~~651~~345.2741 0.00 0.00 I-A-3 20,000,000.00 3.~~35668~~35449% 1413,~~195~~543,~~884~~086.5638 3937,~~709~~858.1646 0.00 0.00 I-X-3 0.00 0.96200% 1413,~~195~~543,~~884~~086.5638 1110,~~380~~857.3704 0.00 0.00 II-A-1 201,000,000.00 4.~~59231~~58417% ~~149~~143,~~441~~752,~~854~~780.5138 ~~571~~549,~~902~~156.1002 0.00 0.00 II-X-1 0.00 0.33400% ~~149~~143,~~441~~752,~~854~~780.5138 4140,~~594~~011.6519 0.00 0.00 II-A-2 40,200,000.00 4.~~72630~~71817% 2928,~~888~~750,~~370~~556.9008 ~~117~~113,~~717~~041.9668 0.00 0.00 II-X-2 0.00 0.20000% 2928,~~888~~750,~~370~~556.9008 4,~~981~~791.4076 0.00 0.00 II-X-3 0.00 0.32400% 4240,~~473~~857,~~977~~043.2734 11,~~467~~031.9740 0.00 0.00 II-A-3 57,127,700.00 4.~~60231~~59417% 4240,~~473~~857,~~977~~043.2734 ~~162~~156,~~898~~420.4918 0.00 0.00 III-A-1 82,547,700.00 4.~~49333~~48980% 6563,~~637~~631,~~879~~785.5965 ~~245~~238,~~777~~078.1514 0.00 0.00 III-X-1 0.00 0.56200% 6563,~~637~~631,~~879~~785.5965 3029,~~740~~800.4189 0.00 0.00 III-A-2 90,100,000.00 5.~~05533~~05180% 7169,~~643~~453,~~097~~466.8814 ~~301~~292,~~816~~387.1831 0.00 0.00 III-A-3 55,850,000.00 4.~~43033~~42680% 4443,~~409~~051,~~178~~898.8782 ~~163~~158,~~956~~818.0633 0.00 0.00 III-X-3 0.00 0.62500% 4443,~~409~~051,~~178~~898.8782 2322,~~129~~422.7886 0.00 0.00 IV-A-1 124,868,600.00 4.~~97076~~96783% ~~108~~106,~~151~~846,~~388~~912.3185 ~~447~~442,~~995~~331.2011 0.00 0.00 IV-X-1 0.00 0.21900% ~~108~~106,~~151~~846,~~388~~912.3185 19,~~737~~499.6356 0.00 0.00 R-I 50.00 4.~~38225~~38396% 0.00 0.00 0.00 0.00 R-II 50.00 4.~~38225~~38396% 0.00 0.00 0.00 0.00 R-III 50.00 4.~~38225~~38396% 0.00 0.00 0.00 0.00 B-1 12,754,500.00 4.~~85989~~85512% 12,~~705~~700,~~424~~358.7472 51,~~455~~384.8175 0.00 0.00 B-2 7,476,800.00 4.~~85989~~85512% 7,~~448~~445,~~031~~061.6591 30,~~163~~122.8519 0.00 0.00 B-3 4,398,000.00 4.~~85989~~85512% 4,~~381~~379,~~077~~331.8903 17,~~742~~718.9746 0.00 0.00 B-4 3,958,300.00 4.~~85989~~85512% 3,~~943~~941,~~069~~497.7250 15,~~969~~947.0702 0.00 0.00 B-5 2,638,900.00 4.~~85989~~85512% 2,~~628~~627,~~746~~698.3519 10,~~646~~631.1848 0.00 0.00 B-6 1,759,495.99 4.~~85989~~85512% 1,752,~~726~~027.0115 7,~~098~~088.3858 0.00 0.00 Totals 879,622,845.99 2,~~774~~685,~~767~~519.7848 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 9186,~~051~~802.1245 0.00 3332,~~857~~532,~~715~~887.9663 I-X-1 0.00 0.00 3634,~~672~~986.7031 0.00 3332,~~857~~532,~~715~~887.9663 I-A-2 0.00 0.00 ~~312~~297,~~511~~986.9290 0.00 8481,~~605~~294,~~488~~936.9540 I-X-2 0.00 0.00 6,~~651~~345.2741 0.00 8481,~~605~~294,~~488~~936.9540 I-A-3 0.00 0.00 3937,~~709~~858.1646 0.00 13,~~543~~013,~~086~~155.3805 I-X-3 0.00 0.00 1110,~~380~~857.3704 0.00 13,~~543~~013,~~086~~155.3805 II-A-1 0.00 0.00 ~~571~~549,~~902~~156.1002 0.00 ~~143~~137,~~752~~942,~~780~~391.3828 II-X-1 0.00 0.00 4140,~~594~~011.6519 0.00 ~~143~~137,~~752~~942,~~780~~391.3828 II-A-2 0.00 0.00 ~~117~~113,~~717~~041.9668 0.00 2827,~~750~~588,~~556~~478.0826 II-X-2 0.00 0.00 4,~~981~~791.4076 0.00 2827,~~750~~588,~~556~~478.0826 II-X-3 0.00 0.00 11,~~467~~031.9740 0.00 4039,~~857~~205,~~043~~629.3458 II-A-3 0.00 0.00 ~~162~~156,~~898~~420.4918 0.00 4039,~~857~~205,~~043~~629.3458 III-A-1 0.00 0.00 ~~245~~238,~~777~~078.1514 0.00 6361,~~631~~536,~~785~~646.6567 III-X-1 0.00 0.00 3029,~~740~~800.4189 0.00 6361,~~631~~536,~~785~~646.6567 III-A-2 0.00 0.00 ~~301~~292,~~816~~387.1831 0.00 6967,~~453~~166,~~466~~642.1462 III-A-3 0.00 0.00 ~~163~~158,~~956~~818.0633 0.00 4341,~~051~~634,~~898~~372.8281 III-X-3 0.00 0.00 2322,~~129~~422.7886 0.00 4341,~~051~~634,~~898~~372.8281 IV-A-1 0.00 0.00 ~~447~~442,~~995~~331.2011 0.00 ~~106~~105,~~846~~263,~~912~~688.8549 IV-X-1 0.00 0.00 19,~~737~~499.6356 0.00 ~~106~~105,~~846~~263,~~912~~688.8549 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,~~455~~384.8175 0.00 12,~~700~~695,~~358~~209.7246 B-2 0.00 0.00 30,~~163~~122.8519 0.00 7,~~445~~442,~~061~~043.9136 B-3 0.00 0.00 17,~~742~~718.9746 0.00 4,~~379~~377,~~331~~555.0347 B-4 0.00 0.00 15,~~969~~947.0702 0.00 3,~~941~~939,~~497~~899.5045 B-5 0.00 0.00 10,~~646~~631.1848 0.00 2,~~627~~626,~~698~~632.1981 B-6 0.00 0.00 7,~~098~~088.3858 0.00 1,~~752~~751,~~027~~316.1580 Totals 0.00 0.00 2,~~774~~685,~~767~~519.7848 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.~~07868~~07649% ~~709~~677.~~79422820~~15431920 1.~~82102240~~73604900 0.00000000 0.00000000 I-X-1 0.00 1.24000% ~~709~~677.~~79422820~~15431920 0.~~73345400~~69972620 0.00000000 0.00000000 I-A-2 124,942,700.00 4.~~22868~~22649% ~~709~~677.~~79422807~~15431914 2.~~50124193~~38498848 0.00000000 0.00000000 I-X-2 0.00 0.09000% ~~709~~677.~~79422807~~15431914 0.~~05323456~~05078656 0.00000000 0.00000000 I-A-3 20,000,000.00 3.~~35668~~35449% ~~709~~677.~~79422800~~15431900 1.~~98545800~~89292300 0.00000000 0.00000000 I-X-3 0.00 0.96200% ~~709~~677.~~79422800~~15431900 0.~~56901850~~54285200 0.00000000 0.00000000 II-A-1 201,000,000.00 4.~~59231~~58417% ~~743~~715.~~49181348~~18796209 2.~~84528408~~73211950 0.00000000 0.00000000 II-X-1 0.00 0.33400% ~~743~~715.~~49181348~~18796209 0.~~20693856~~19906065 0.00000000 0.00000000 II-A-2 40,200,000.00 4.~~72630~~71817% ~~743~~715.~~49181343~~18796219 2.~~92830746~~81198209 0.00000000 0.00000000 II-X-2 0.00 0.20000% ~~743~~715.~~49181343~~18796219 0.~~12391542~~11919801 0.00000000 0.00000000 II-X-3 0.00 0.32400% ~~743~~715.~~49181343~~18796206 0.~~20074272~~19310072 0.00000000 0.00000000 II-A-3 57,127,700.00 4.~~60231~~59417% ~~743~~715.~~49181343~~18796206 2.~~85147993~~73807943 0.00000000 0.00000000 III-A-1 82,547,700.00 4.~~49333~~48980% ~~795~~770.~~15091989~~84868082 2.~~97739549~~88412809 0.00000000 0.00000000 III-X-1 0.00 0.56200% ~~795~~770.~~15091989~~84868082 0.~~37239572~~36101418 0.00000000 0.00000000 III-A-2 90,100,000.00 5.~~05533~~05180% ~~795~~770.~~15091987~~84868080 3.~~34979112~~24514218 0.00000000 0.00000000 III-A-3 55,850,000.00 4.~~43033~~42680% ~~795~~770.~~15091979~~84868075 2.~~93565013~~84365855 0.00000000 0.00000000 III-X-3 0.00 0.62500% ~~795~~770.~~15091979~~84868075 0.~~41414109~~40148362 0.00000000 0.00000000 IV-A-1 124,868,600.00 4.~~97076~~96783% ~~866~~855.~~12157348~~67478814 3.~~58773302~~54237262 0.00000000 0.00000000 IV-X-1 0.00 0.21900% ~~866~~855.~~12157348~~67478814 0.~~15806720~~15616064 0.00000000 0.00000000 R-I 50.00 4.~~38225~~38396% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 4.~~38225~~38396% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 4.~~38225~~38396% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 12,754,500.00 4.~~85989~~85512% ~~996~~995.~~15231801~~75512329 4.~~03432592~~02875456 0.00000000 0.00000000 B-2 7,476,800.00 4.~~85989~~85512% ~~996~~995.~~15231784~~75512385 4.~~03432618~~02875428 0.00000000 0.00000000 B-3 4,398,000.00 4.~~85989~~85512% ~~996~~995.~~15231696~~75512278 4.~~03432697~~02875398 0.00000000 0.00000000 B-4 3,958,300.00 4.~~85989~~85512% ~~996~~995.~~15231791~~75512215 4.~~03432534~~02875477 0.00000000 0.00000000 B-5 2,638,900.00 4.~~85989~~85512% ~~996~~995.~~15231725~~75512145 4.~~03432491~~02875441 0.00000000 0.00000000 B-6 1,759,495.99 4.~~85989~~85512% ~~996~~995.~~15231860~~75512531 4.~~03432576~~02875598 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.~~82102240~~73604900 0.00000000 ~~677~~650.~~15431920~~65775260 I-X-1 0.00000000 0.00000000 0.~~73345400~~69972620 0.00000000 ~~677~~650.~~15431920~~65775260 I-A-2 0.00000000 0.00000000 2.~~50124193~~38498848 0.00000000 ~~677~~650.~~15431914~~65775271 I-X-2 0.00000000 0.00000000 0.~~05323456~~05078656 0.00000000 ~~677~~650.~~15431914~~65775271 I-A-3 0.00000000 0.00000000 1.~~98545800~~89292300 0.00000000 ~~677~~650.~~15431900~~65775250 I-X-3 0.00000000 0.00000000 0.~~56901850~~54285200 0.00000000 ~~677~~650.~~15431900~~65775250 II-A-1 0.00000000 0.00000000 2.~~84528408~~73211950 0.00000000 ~~715~~686.~~18796209~~28055363 II-X-1 0.00000000 0.00000000 0.~~20693856~~19906065 0.00000000 ~~715~~686.~~18796209~~28055363 II-A-2 0.00000000 0.00000000 2.~~92830746~~81198209 0.00000000 ~~715~~686.~~18796219~~28055373 II-X-2 0.00000000 0.00000000 0.~~12391542~~11919801 0.00000000 ~~715~~686.~~18796219~~28055373 II-X-3 0.00000000 0.00000000 0.~~20074272~~19310072 0.00000000 ~~715~~686.~~18796206~~28055357 II-A-3 0.00000000 0.00000000 2.~~85147993~~73807943 0.00000000 ~~715~~686.~~18796206~~28055357 III-A-1 0.00000000 0.00000000 2.~~97739549~~88412809 0.00000000 ~~770~~745.~~84868082~~46773163 III-X-1 0.00000000 0.00000000 0.~~37239572~~36101418 0.00000000 ~~770~~745.~~84868082~~46773163 III-A-2 0.00000000 0.00000000 3.~~34979112~~24514218 0.00000000 ~~770~~745.~~84868080~~46773163 III-A-3 0.00000000 0.00000000 2.~~93565013~~84365855 0.00000000 ~~770~~745.~~84868075~~46773160 III-X-3 0.00000000 0.00000000 0.~~41414109~~40148362 0.00000000 ~~770~~745.~~84868075~~46773160 IV-A-1 0.00000000 0.00000000 3.~~58773302~~54237262 0.00000000 ~~855~~842.~~67478814~~99566496 IV-X-1 0.00000000 0.00000000 0.~~15806720~~15616064 0.00000000 ~~855~~842.~~67478814~~99566496 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.~~03432592~~02875456 0.00000000 995.~~75512329~~35140225 B-2 0.00000000 0.00000000 4.~~03432618~~02875428 0.00000000 995.~~75512385~~35140167 B-3 0.00000000 0.00000000 4.~~03432697~~02875398 0.00000000 995.~~75512278~~35140291 B-4 0.00000000 0.00000000 4.~~03432534~~02875477 0.00000000 995.~~75512215~~35140085 B-5 0.00000000 0.00000000 4.~~03432491~~02875441 0.00000000 995.~~75512145~~35140020 B-6 0.00000000 0.00000000 4.~~03432576~~02875598 0.00000000 995.~~75512531~~35140174 (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 24,~~613~~033,~~941~~942.6473 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 5850,~~769~~430.5148 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 24,~~672~~084,~~711~~373.1521 Withdrawals Reimbursement for Servicer Advances 6158,~~003~~769.9251 Payment of Service Fee ~~159~~154,~~621~~861.5430 Payment of Interest and Principal 2423,~~452~~870,~~085~~742.6940 Total Withdrawals (Pool Distribution Amount) 24,~~672~~084,~~711~~373.1521 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~134~~130,~~941~~437.6784 Additional Alliance Service Fee 19,~~532~~413.9686 Miscellaneous Fee 5,~~146~~009.9160 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~159~~154,~~621~~861.5430

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 21 0 0 21 ~~493~~297,824.48 0.00 0.00 ~~493~~297,824.48 30 Days 2624 0 0 0 2624 86,~~717~~949,~~862~~968.7968 0.00 0.00 0.00 86,~~717~~949,~~862~~968.7968 60 Days 63 0 0 0 63 21,~~084~~151,~~737~~597.1357 0.00 0.00 0.00 21,~~084~~151,~~737~~597.1357 90 Days 3 0 0 1 0 3 1,218,039.45 0.00 0.00 ~~594,165.40~~ 0.00 ~~594~~1,~~165~~218,039.4045 120 Days 0 0 1 0 1 0.00 0.00 ~~228~~594,~~197~~165.9940 0.00 ~~228~~594,~~197~~165.9940 150 Days 0 0 1 0 1 0.00 0.00 ~~695~~228,~~451~~197.0099 0.00 ~~695~~228,~~451~~197.0099 180+ Days 0 0 12 0 12 0.00 0.00 ~~128~~823,~~000~~451.00 0.00 ~~128~~823,~~000~~451.00 Totals 3230 21 4 0 3835 109,~~802~~319,~~599~~605.9270 ~~493~~297,824.48 1,645,814.39 0.00 1211,~~942~~263,~~238~~244.7957 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.~~108519~~055960% 0.000000% 0.000000% 0.~~108519~~055960% 0.~~074662~~046519% 0.000000% 0.000000% 0.~~074662~~046519% 30 Days 1.~~410743~~343033% 0.000000% 0.000000% 0.000000% 1.~~410743~~343033% 1.~~318072~~085562% 0.000000% 0.000000% 0.000000% 1.~~318072~~085562% 60 Days 0.~~325556~~167879% 0.000000% 0.000000% 0.000000% 0.~~325556~~167879% 0.~~315196~~179876% 0.000000% 0.000000% 0.000000% 0.~~315196~~179876% 90 Days 0.~~000000~~167879% 0.000000% 0.~~054259~~000000% 0.000000% 0.~~054259~~167879% 0.~~000000~~190254% 0.000000% 0.~~089833~~000000% 0.000000% 0.~~089833~~190254% 120 Days 0.000000% 0.000000% 0.~~054259~~055960% 0.000000% 0.~~054259~~055960% 0.000000% 0.000000% 0.~~034502~~092807% 0.000000% 0.~~034502~~092807% 150 Days 0.000000% 0.000000% 0.~~054259~~055960% 0.000000% 0.~~054259~~055960% 0.000000% 0.000000% 0.~~105147~~035644% 0.000000% 0.~~105147~~035644% 180+ Days 0.000000% 0.000000% 0.~~054259~~111919% 0.000000% 0.~~054259~~111919% 0.000000% 0.000000% 0.~~019353~~128620% 0.000000% 0.~~019353~~128620% Totals 1.~~736300~~678791% 0.~~108519~~055960% 0.~~217037~~223839% 0.000000% 21.~~061856~~958590% 1.~~633268~~455692% 0.~~074662~~046519% 0.~~248834~~257071% 0.000000% 1.~~956764~~759282%

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 912 0 0 0 912 32,~~054~~992,~~667~~837.0617 0.00 0.00 0.00 32,~~054~~992,~~667~~837.0617 60 Days 31 0 0 0 3 1 708,~~020,994~~000.5500 0.00 0.00 0.00 1708,~~020,994~~000.5500 90 Days 02 0 0 0 02 0594,507.0098 0.00 0.00 0.00 0594,507.0098 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 10 0 10 0.00 0.00 ~~695,451~~0.00 0.00 ~~695,451~~0.00 180 Days 0 0 01 0 01 0.00 0.00 0695,451.00 0.00 0695,451.00 Totals 1215 1 1 0 1417 4,~~075~~295,~~661~~345.6115 297,824.48 695,451.00 0.00 5,~~068~~288,~~937~~620.0963 0-29 Days 0.~~232558~~241546% 0.000000% 0.000000% 0.~~232558~~241546% 0.~~213322~~221527% 0.000000% 0.000000% 0.~~213322~~221527% 30 Days 2.~~093023~~898551% 0.000000% 0.000000% 0.000000% 2.~~093023~~898551% 2.~~187959~~226128% 0.000000% 0.000000% 0.000000% 2.~~187959~~226128% 60 Days 0.~~697674~~241546% 0.000000% 0.000000% 0.000000% 0.~~697674~~241546% 0.~~731305~~526624% 0.000000% 0.000000% 0.000000% 0.~~731305~~526624% 90 Days 0.~~000000~~483092% 0.000000% 0.000000% 0.000000% 0.~~000000~~483092% 0.~~000000~~442206% 0.000000% 0.000000% 0.000000% 0.~~000000~~442206% 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.~~232558~~000000% 0.000000% 0.~~232558~~000000% 0.000000% 0.000000% 0.~~498129~~000000% 0.000000% 0.~~498129~~000000% 180 Days 0.000000% 0.000000% 0.~~000000~~241546% 0.000000% 0.~~000000~~241546% 0.000000% 0.000000% 0.~~000000~~517289% 0.000000% 0.~~000000~~517289% Totals 23.~~790698~~623188% 0.~~232558~~241546% 0.~~232558~~241546% 0.000000% 34.~~255814~~106280% 23.~~919264~~194958% 0.~~213322~~221527% 0.~~498129~~517289% 0.000000% 3.~~630715~~933775% 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 97 0 0 0 97 21,~~605~~881,~~894~~269.39 0.00 0.00 0.00 21,~~605~~881,~~894~~269.39 60 Days 1 0 0 0 1 ~~623~~144,~~531~~000.4700 0.00 0.00 0.00 ~~623~~144,~~531~~000.4700 90 Days 1 0 0 1 0 1 623,531.47 0.00 0.00 ~~594,165.40~~ 0.00 ~~594~~623,~~165~~531.4047 120 Days 0 0 1 0 1 0.00 0.00 ~~228~~594,~~197~~165.9940 0.00 ~~228~~594,~~197~~165.9940 150 Days 0 0 01 0 01 0.00 0.00 0228,197.0099 0.00 0228,197.0099 180 Days 0 0 1 0 1 0.00 0.00 128,000.00 0.00 128,000.00 Totals 109 0 3 0 1312 32,~~229~~648,~~425~~800.86 0.00 950,363.39 0.00 43,~~179~~599,~~789~~164.25 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.~~475410~~186441% 0.000000% 0.000000% 0.000000% 1.~~475410~~186441% 10.~~158150~~869440% 0.000000% 0.000000% 0.000000% 10.~~158150~~869440% 60 Days 0.~~163934~~169492% 0.000000% 0.000000% 0.000000% 0.~~163934~~169492% 0.~~277119~~066550% 0.000000% 0.000000% 0.000000% 0.~~277119~~066550% 90 Days 0.~~000000~~169492% 0.000000% 0.~~163934~~000000% 0.000000% 0.~~163934~~169492% 0.~~000000~~288169% 0.000000% 0.~~264068~~000000% 0.000000% 0.~~264068~~288169% 120 Days 0.000000% 0.000000% 0.~~163934~~169492% 0.000000% 0.~~163934~~169492% 0.000000% 0.000000% 0.~~101419~~274597% 0.000000% 0.~~101419~~274597% 150 Days 0.000000% 0.000000% 0.~~000000~~169492% 0.000000% 0.~~000000~~169492% 0.000000% 0.000000% 0.~~000000~~105463% 0.000000% 0.~~000000~~105463% 180 Days 0.000000% 0.000000% 0.~~163934~~169492% 0.000000% 0.~~163934~~169492% 0.000000% 0.000000% 0.~~056888~~059156% 0.000000% 0.~~056888~~059156% Totals 1.~~639344~~525424% 0.000000% 0.~~491803~~508475% 0.000000% 2.~~131148~~033898% 1.~~435269~~224159% 0.000000% 0.~~422374~~439216% 0.000000% 1.~~857643~~663375% 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 10 0 0 10 ~~196,000~~0.00 0.00 0.00 ~~196,000~~0.00 30 Days 73 0 0 0 73 21,~~757~~406,~~703~~943.7746 0.00 0.00 0.00 21,~~757~~406,~~703~~943.7746 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 73 10 0 0 83 21,~~757~~406,~~703~~943.7746 ~~196,000~~0.00 0.00 0.00 21,~~953~~406,~~703~~943.7746 0-29 Days 0.~~190114~~000000% 0.000000% 0.000000% 0.~~190114~~000000% 0.~~105908~~000000% 0.000000% 0.000000% 0.~~105908~~000000% 30 Days 10.~~330798~~588235% 0.000000% 0.000000% 0.000000% 10.~~330798~~588235% 10.~~490115~~784859% 0.000000% 0.000000% 0.000000% 10.~~490115~~784859% 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 10.~~330798~~588235% 0.~~190114~~000000% 0.000000% 0.000000% 10.~~520913~~588235% 10.~~490115~~784859% 0.~~105908~~000000% 0.000000% 0.000000% 10.~~596023~~784859% 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 12 0 0 0 12 ~~299~~668,~~597~~918.5766 0.00 0.00 0.00 ~~299~~668,~~597~~918.5766 60 Days 21 0 0 0 21 ~~440~~299,~~211~~597.1157 0.00 0.00 0.00 ~~440~~299,~~211~~597.1157 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 3 0 0 0 3 ~~739~~968,~~808~~516.6823 0.00 0.00 0.00 ~~739~~968,~~808~~516.6823 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~361011~~732601% 0.000000% 0.000000% 0.000000% 0.~~361011~~732601% 0.~~268153~~607339% 0.000000% 0.000000% 0.000000% 0.~~268153~~607339% 60 Days 0.~~722022~~366300% 0.000000% 0.000000% 0.000000% 0.~~722022~~366300% 0.~~394009~~272017% 0.000000% 0.000000% 0.000000% 0.~~394009~~272017% 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 1.~~083032~~098901% 0.000000% 0.000000% 0.000000% 1.~~083032~~098901% 0.~~662162~~879357% 0.000000% 0.000000% 0.000000% 0.~~662162~~879357%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 5850,~~769~~430.5148

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~156540~~154982% Weighted Average Net Coupon 4.~~919410~~918251% Weighted Average Pass-Through Rate 4.~~876040~~873925% Weighted Average Maturity(Stepdown Calculation ) ~~348~~347 Beginning Scheduled Collateral Loan Count 1,~~901~~843 Number Of Loans Paid In Full 5856 Ending Scheduled Collateral Loan Count 1,~~843~~787 Beginning Scheduled Collateral Balance ~~682~~661,~~874~~196,~~026~~709.9100 Ending Scheduled Collateral Balance ~~661~~640,~~196~~011,~~709~~486.0009 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2004 ~~661~~640,~~410~~218,~~223~~395.7572 Monthly P &I Constant 3,~~208~~111,~~909~~117.5831 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 ~~661~~640,~~196~~011,~~709~~486.0009 Scheduled Principal ~~274~~270,~~520~~736.2760 Unscheduled Principal 2120,~~402~~914,~~797~~486.6431

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 94.~~810236~~575063% Senior Percentage Group 2 9594.~~038971~~854673% Senior Percentage Group 3 95.~~349911~~212631% Senior Percentage Group 4 95.~~711430~~663036% 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 5.~~189764~~424937% Subordinate Percentage Group 2 45.~~961029~~145327% Subordinate Percentage Group 3 4.~~650089~~787369% Subordinate Percentage Group 4 4.~~288570~~336964% 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.~~597642~~596765 5.~~213420~~205946 5.~~321020~~317948 Weighted Average Net Rate 4.~~369166~~369258 54.~~001470~~995417 5.~~073822~~070825 Weighted Average Maturity ~~348~~347 ~~348~~347 ~~348~~347 Beginning Loan Count ~~449~~430 ~~630~~610 ~~542~~526 Loans Paid In Full 1916 20 16 Ending Loan Count ~~430~~414 ~~610~~590 ~~526~~510 Beginning Scheduled Balance ~~145~~139,~~943~~578,~~324~~334.1084 ~~233~~224,~~382~~933,~~381~~979.9660 ~~190~~184,~~550~~993,~~955~~481.5020 Ending scheduled Balance ~~139~~134,~~578~~410,~~334~~953.8467 ~~224~~216,~~933~~305,~~979~~478.6036 ~~184~~179,~~993~~189,~~481~~373.2089 Record Date 1011/3130/2004 1011/3130/2004 1011/3130/2004 Principal And Interest Constant ~~599~~572,~~189~~812.2103 1,~~106~~065,~~242~~629.3671 ~~941~~916,~~034~~299.6094 Scheduled Principal 4038,~~026~~137.5398 9289,~~308~~801.7129 96,~~096~~478.7756 Unscheduled Principal 65,~~324~~129,~~962~~243.7319 8,~~356~~538,~~093~~699.6595 5,~~461~~707,~~377~~628.5375 Scheduled Interest ~~559~~534,~~162~~674.6805 1975,~~013,933~~828.6542 ~~844~~819,~~937~~821.8338 Servicing Fees 2726,~~787~~462.1861 4139,~~221~~462.1248 3938,~~253~~096.1769 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,~~140~~137.4866 14,~~618~~479.5965 2,~~936~~933.5553 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 ~~525~~502,~~235~~073.0278 ~~958~~921,~~093~~886.9429 ~~802~~778,~~748~~791.1116 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.~~318677~~316490 4.~~926305~~918170 5.~~055329~~051796

Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~483545~~480018 5.~~156540~~154982 Weighted Average Net Rate 5.~~200209~~196206 4.~~919410~~918251 Weighted Average Maturity ~~348~~347 ~~348~~347 Beginning Loan Count ~~280~~277 1,~~901~~843 Loans Paid In Full 34 5856 Ending Loan Count ~~277~~273 1,~~843~~787 Beginning Scheduled Balance ~~112~~111,~~997~~690,~~365~~913.3536 ~~682~~661,~~874~~196,~~026~~709.9100 Ending scheduled Balance ~~111~~110,~~690~~105,~~913~~680.3617 ~~661~~640,~~196~~011,~~709~~486.0009 Record Date 1011/3130/2004 1011/3130/2004 Principal And Interest Constant ~~562~~556,~~443~~375.4163 3,~~208~~111,~~909~~117.5831 Scheduled Principal 46,~~088~~318.2677 ~~274~~270,~~520~~736.2760 Unscheduled Principal 1,~~260~~538,~~363~~914.7342 2120,~~402~~914,~~797~~486.6431 Scheduled Interest ~~516~~510,~~355~~056.1586 2,~~934~~840,~~389~~380.3171 Servicing Fees 26,~~680~~416.2006 ~~134~~130,~~941~~437.6784 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 ~~984~~872.2562 24,~~679~~423.8746 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 ~~488~~482,~~690~~768.7018 2,~~774~~685,~~767~~519.7741 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.~~189757~~186830 4.~~876040~~873925

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