8-K 1 msm04009_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 MORGAN STANLEY MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-9 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-104283-21 Pooling and Servicing Agreement) (Commission 54-2162626 (State or other File Number) 54-2162627 jurisdiction 54-2162628 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 MORGAN STANLEY MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2004-9 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 2004-9 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. MORGAN STANLEY MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-9 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: 12/29/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-9 Trust, relating to the December 27, 2004 distribution. EX-99.1

Morgan Stanley Mortgage Loan Trust Mortgage Pass-Through Certificates Record Date: 1011/3130/042004 Distribution Date: 1112/2627/042004 ~~MSML~~Morgan Stanley Mortgage Loan Trust Mortgage Pass-Through Certificates Series: 2004-9 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 1-A 61748HFT3 SEN 6.~~35663~~35092% ~~138~~134,~~002~~395,~~000~~439.0022 ~~731~~711,~~023~~278.0490 3,~~606~~879,~~560~~072.7822 2-A 61748HFU0 SEN 6.~~41772~~41787% 22,~~805~~762,~~000~~240.0006 121,~~963~~737.4259 42845,~~759~~851.9401 3-A-1 61748HFV8 SEN 5.50000% 11,630,000.00 53,304.17 0.00 3-A-2 61748HFW6 SEN 5.50000% 1,020,000.00 4,675.00 0.00 3-A-3 61748HFX4 SEN 5.00000% 7371,~~128~~880,~~800~~443.0036 ~~304~~299,~~703~~501.3385 1,~~248~~150,~~356~~776.6438 3-A-4 61748HFY2 SEN 2.~~35000~~58000% 1817,~~282~~970,~~200~~110.0084 3538,~~802~~635.6474 ~~312~~287,~~089~~694.1609 3-A-5 61748HFZ9 SEN 54.~~15000~~92000% 0.00 7873,~~461~~677.1145 0.00 3-A-6 61748HGA3 SEN 5.50000% 5,500,000.00 25,208.33 0.00 3-A-X 61748HGB1 SEN 5.50000% 0.00 5856,~~247~~618.2328 0.00 3-A-P 61748HGC9 PO 0.00000% ~~734~~733,~~527~~519.0070 0.00 1,~~007~~062.3066 4-A 61748HGD7 SEN 5.~~66100~~65029% 2120,~~082~~845,~~000~~267.0088 9998,~~454~~151.3449 ~~236~~256,~~732~~916.1274 5-A 61748HGE5 SEN 5.00000% 25,~~291~~184,~~000~~749.0009 ~~105~~104,~~379~~936.1745 ~~106~~98,~~250~~292.9153 5-A-X 61748HGF2 SEN 5.00000% 0.00 10,~~583~~540.5802 0.00 5-A-P 61748HGG0 PO 0.00000% ~~535~~533,~~908~~343.0088 0.00 2,~~564~~595.1238 A-R 61748HGL9 RES 6.~~35663~~35186% ~~100~~0.00 70.6304 ~~100~~0.00 B-1 61748HGH8 SUB 5.~~90764~~90473% 9,~~433~~421,~~000~~546.0032 46,~~438~~359.9772 11,~~453~~542.6808 B-2 61748HGJ4 SUB 5.~~90764~~90473% 3,~~537~~532,~~000~~705.0033 17,~~412~~383.7705 4,~~294~~327.6782 B-3 61748HGK1 SUB 5.~~90764~~90473% 1,~~853~~850,~~000~~750.0006 9,~~122~~106.3881 2,~~249~~267.9430 B-4 61748HGM7 SUB 5.~~90764~~90473% 1,~~853~~850,~~000~~750.0006 9,~~122~~106.3881 2,~~249~~267.9430 B-5 61748HGN5 SUB 5.~~90764~~90473% 1,~~347~~345,~~000~~364.0045 6,~~631~~620.3301 1,~~635~~648.5517 B-6 61748HGP0 SUB 5.~~90764~~90473% ~~843~~842,~~034~~010.0038 4,~~150~~143.2820 1,~~023~~031.6252 P 61748HGQ8 SEN 0.00000% 100.00 218,~~496~~699.2780 0.00 Totals ~~336~~331,~~877~~298,~~669~~340.0063 1,~~743~~699,~~187~~684.3771 56,~~579~~545,~~328~~345.3720

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A 0.00 ~~134~~130,~~395~~516,~~439~~367.2200 4,~~337~~590,~~583~~351.8212 0.00 2-A 0.00 2221,~~762~~916,~~240~~389.0604 ~~164~~967,~~723~~588.3660 0.00 3-A-1 0.00 11,630,000.00 53,304.17 0.00 3-A-2 0.00 1,020,000.00 4,675.00 0.00 3-A-3 0.00 7170,~~880~~729,~~443~~666.3698 1,~~553~~450,~~059~~278.9723 0.00 3-A-4 0.00 17,~~970~~682,~~110~~416.8475 ~~347~~326,~~891~~329.8083 0.00 3-A-5 0.00 0.00 7873,~~461~~677.1145 0.00 3-A-6 0.00 5,500,000.00 25,208.33 0.00 3-A-X 0.00 0.00 5856,~~247~~618.2328 0.00 3-A-P 0.00 ~~733~~732,~~519~~457.7004 1,~~007~~062.3066 0.00 4-A 0.00 20,~~845~~588,~~267~~351.8814 ~~336~~355,~~186~~068.4623 0.00 5-A 0.00 25,~~184~~086,~~749~~456.0956 ~~211~~203,~~630~~228.0898 0.00 5-A-X 0.00 0.00 10,~~583~~540.5802 0.00 5-A-P 0.00 ~~533~~530,~~343~~748.8850 2,~~564~~595.1238 0.00 A-R 0.00 0.00 ~~107~~0.6304 0.00 B-1 0.00 9,~~421~~410,~~546~~004.3224 57,~~892~~901.6580 0.00 B-2 0.00 3,~~532~~528,~~705~~377.3350 21,~~707~~710.4487 0.00 B-3 0.00 1,~~850~~848,~~750~~482.0676 11,~~372~~374.3211 0.00 B-4 0.00 1,~~850~~848,~~750~~482.0676 11,~~372~~374.3211 0.00 B-5 0.00 1,~~345~~343,~~364~~716.4528 8,~~266~~268.8818 0.00 B-6 0.00 ~~842~~840,~~010~~978.3885 5,~~173~~174.9072 0.00 P 0.00 100.00 218,~~496~~699.2780 0.00 Totals 0.00 ~~331~~324,~~298~~752,~~340~~995.6340 78,~~322~~245,~~515~~029.7491 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 138,002,000.00 ~~138~~134,~~002~~395,~~000~~439.0022 ~~108~~106,~~274~~277.7011 3,~~498~~772,~~286~~795.0711 0.00 0.00 2-A 22,805,000.00 22,~~805~~762,~~000~~240.0006 18,~~360~~479.4350 24827,~~399~~371.51 0.00 0.00 3-A-1 11,630,000.00 11,630,000.00 0.00 0.00 0.00 0.00 3-A-2 1,020,000.00 1,020,000.00 0.00 0.00 0.00 0.00 3-A-3 73,128,800.00 7371,~~128~~880,~~800~~443.0036 66,~~558~~342.4257 1,~~181~~084,~~798~~433.2281 0.00 0.00 3-A-4 18,282,200.00 1817,~~282~~970,~~200~~110.0084 16,~~639~~585.6164 ~~295~~271,~~449~~108.5645 0.00 0.00 3-A-5 0.00 0.00 0.00 0.00 0.00 0.00 3-A-6 5,500,000.00 5,500,000.00 0.00 0.00 0.00 0.00 3-A-X 0.00 0.00 0.00 0.00 0.00 0.00 3-A-P 734,527.00 ~~734~~733,~~527~~519.0070 ~~892~~896.0134 ~~115~~166.2932 0.00 0.00 4-A 21,082,000.00 2120,~~082~~845,~~000~~267.0088 77,~~437~~508.1300 ~~159~~179,~~294~~408.9974 0.00 0.00 5-A 25,291,000.00 25,~~291~~184,~~000~~749.0009 96,~~270~~763.5822 91,~~980~~529.3331 0.00 0.00 5-A-X 0.00 0.00 0.00 0.00 0.00 0.00 5-A-P 535,908.00 ~~535~~533,~~908~~343.0088 2,~~159~~168.1074 ~~405~~426.0264 0.00 0.00 A-R 100.00 ~~100~~0.00 30.00 970.00 0.00 0.00 B-1 9,433,000.00 9,~~433~~421,~~000~~546.0032 11,~~453~~542.6808 0.00 0.00 0.00 B-2 3,537,000.00 3,~~537~~532,~~000~~705.0033 4,~~294~~327.6782 0.00 0.00 0.00 B-3 1,853,000.00 1,~~853~~850,~~000~~750.0006 2,~~249~~267.9430 0.00 0.00 0.00 B-4 1,853,000.00 1,~~853~~850,~~000~~750.0006 2,~~249~~267.9430 0.00 0.00 0.00 B-5 1,347,000.00 1,~~347~~345,~~000~~364.0045 1,~~635~~648.5517 0.00 0.00 0.00 B-6 843,034.00 ~~843~~842,~~034~~010.0038 1,~~023~~031.6252 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 336,877,669.00 ~~336~~331,~~877~~298,~~669~~340.0063 ~~409~~408,~~502~~105.3831 56,~~169~~137,~~825~~239.9989 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 3,~~606~~879,~~560~~072.7822 ~~134~~130,~~395~~516,~~439~~367.2200 0.~~97386588~~94575707 3,~~606~~879,~~560~~072.7822 2-A 42845,~~759~~851.9401 2221,~~762~~916,~~240~~389.0604 0.~~99812498~~96103438 42845,~~759~~851.9401 3-A-1 0.00 11,630,000.00 1.00000000 0.00 3-A-2 0.00 1,020,000.00 1.00000000 0.00 3-A-3 1,~~248~~150,~~356~~776.6438 7170,~~880~~729,~~443~~666.3698 0.~~98292934~~96719305 1,~~248~~150,~~356~~776.6438 3-A-4 ~~312~~287,~~089~~694.1609 17,~~970~~682,~~110~~416.8475 0.~~98292934~~96719305 ~~312~~287,~~089~~694.1609 3-A-5 0.00 0.00 0.00000000 0.00 3-A-6 0.00 5,500,000.00 1.00000000 0.00 3-A-X 0.00 0.00 0.00000000 0.00 3-A-P 1,~~007~~062.3066 ~~733~~732,~~519~~457.7004 0.~~99862864~~99718191 1,~~007~~062.3066 4-A ~~236~~256,~~732~~916.1274 20,~~845~~588,~~267~~351.8814 0.~~98877089~~97658434 ~~236~~256,~~732~~916.1274 5-A ~~106~~98,~~250~~292.9153 25,~~184~~086,~~749~~456.0956 0.~~99579886~~99191240 ~~106~~98,~~250~~292.9153 5-A-X 0.00 0.00 0.00000000 0.00 5-A-P 2,~~564~~595.1238 ~~533~~530,~~343~~748.8850 0.~~99521537~~99037241 2,~~564~~595.1238 A-R ~~100~~0.00 0.00 0.00000000 ~~100~~0.00 B-1 11,~~453~~542.6808 9,~~421~~410,~~546~~004.3224 0.~~99878579~~99756220 11,~~453~~542.6808 B-2 4,~~294~~327.6782 3,~~532~~528,~~705~~377.3350 0.~~99878579~~99756220 4,~~294~~327.6782 B-3 2,~~249~~267.9430 1,~~850~~848,~~750~~482.0676 0.~~99878579~~99756220 2,~~249~~267.9430 B-4 2,~~249~~267.9430 1,~~850~~848,~~750~~482.0676 0.~~99878579~~99756220 2,~~249~~267.9430 B-5 1,~~635~~648.5517 1,~~345~~343,~~364~~716.4528 0.~~99878578~~99756220 1,~~635~~648.5517 B-6 1,~~023~~031.6252 ~~842~~840,~~010~~978.3885 0.~~99878579~~99756220 1,~~023~~031.6252 P 0.00 100.00 1.00000000 0.00 Totals 56,~~579~~545,~~328~~345.3720 ~~331~~324,~~298~~752,~~340~~995.6340 0.~~98343812~~96400868 56,~~579~~545,~~328~~345.3720

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A 138,002,000.00 ~~1000~~973.~~00000000~~86588035 0.~~78458790~~77011282 2527.~~34953167~~33869879 0.00000000 2-A 22,805,000.00 ~~1000~~998.~~00000000~~12497522 0.~~80510546~~81032668 136.~~06991932~~28026792 0.00000000 3-A-1 11,630,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-A-2 1,020,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-A-3 73,128,800.00 ~~1000~~982.~~00000000~~92934330 0.~~91015332~~90720168 1614.~~16050339~~82909346 0.00000000 3-A-4 18,282,200.00 ~~1000~~982.~~00000000~~92934330 0.~~91015359~~90720154 1614.~~16050366~~82909333 0.00000000 3-A-5 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A-6 5,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A-P 734,527.00 ~~1000~~998.~~00000000~~62864129 1.~~21440056~~22029551 0.~~15695815~~22643143 0.00000000 4-A 21,082,000.00 ~~1000~~988.~~00000000~~77088891 3.~~67313965~~67650128 78.~~55597144~~51004364 0.00000000 5-A 25,291,000.00 ~~1000~~995.~~00000000~~79886481 3.~~80651536~~82599423 0.~~39461983~~06046855 0.00000000 5-A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 5-A-P 535,908.00 ~~1000~~995.~~00000000~~21537279 4.~~02886316~~04685133 0.~~75576405~~79610679 0.00000000 A-R 100.00 ~~1000~~0.00000000 300.00000000 ~~970~~0.00000000 0.00000000 B-1 9,433,000.00 ~~1000~~998.~~00000000~~78578607 1.~~21421393~~22358529 0.00000000 0.00000000 B-2 3,537,000.00 ~~1000~~998.~~00000000~~78578739 1.~~21421261~~22358496 0.00000000 0.00000000 B-3 1,853,000.00 ~~1000~~998.~~00000000~~78578521 1.~~21421479~~22358338 0.00000000 0.00000000 B-4 1,853,000.00 ~~1000~~998.~~00000000~~78578521 1.~~21421479~~22358338 0.00000000 0.00000000 B-5 1,347,000.00 ~~1000~~998.~~00000000~~78578322 1.~~21421678~~22358575 0.00000000 0.00000000 B-6 843,034.00 ~~1000~~998.~~00000000~~78579037 1.~~21420963~~22358054 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per $1,000 denomination

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A 0.00000000 2628.~~13411965~~10881161 ~~973~~945.~~86588035~~75706874 0.~~97386588~~94575707 2628.~~13411965~~10881161 2-A 0.00000000 137.~~87502478~~09059461 ~~998~~961.~~12497522~~03438018 0.~~99812498~~96103438 137.~~87502478~~09059461 3-A-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-A-3 0.00000000 1715.~~07065670~~73629514 ~~982~~967.~~92934330~~19304816 0.~~98292934~~96719305 1715.~~07065670~~73629514 3-A-4 0.00000000 1715.~~07065670~~73629487 ~~982~~967.~~92934330~~19304843 0.~~98292934~~96719305 1715.~~07065670~~73629487 3-A-5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A-P 0.00000000 1.~~37135871~~44672694 ~~998~~997.~~62864129~~18191435 0.~~99862864~~99718191 1.~~37135871~~44672694 4-A 0.00000000 1112.~~22911109~~18654492 ~~988~~976.~~77088891~~58434399 0.~~98877089~~97658434 1112.~~22911109~~18654492 5-A 0.00000000 43.~~20113519~~88646277 ~~995~~991.~~79886481~~91240204 0.~~99579886~~99191240 43.~~20113519~~88646277 5-A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 5-A-P 0.00000000 4.~~78462721~~84295812 ~~995~~990.~~21537279~~37241467 0.~~99521537~~99037241 4.~~78462721~~84295812 A-R 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 B-1 0.00000000 1.~~21421393~~22358529 ~~998~~997.~~78578607~~56220078 0.~~99878579~~99756220 1.~~21421393~~22358529 B-2 0.00000000 1.~~21421261~~22358496 ~~998~~997.~~78578739~~56219960 0.~~99878579~~99756220 1.~~21421261~~22358496 B-3 0.00000000 1.~~21421479~~22358338 ~~998~~997.~~78578521~~56220183 0.~~99878579~~99756220 1.~~21421479~~22358338 B-4 0.00000000 1.~~21421479~~22358338 ~~998~~997.~~78578521~~56220183 0.~~99878579~~99756220 1.~~21421479~~22358338 B-5 0.00000000 1.~~21421678~~22358575 ~~998~~997.~~78578322~~56219748 0.~~99878578~~99756220 1.~~21421678~~22358575 B-6 0.00000000 1.~~21420963~~22358054 ~~998~~997.~~78579037~~56219797 0.~~99878579~~99756220 1.~~21420963~~22358054 P 0.00000000 0.00000000 1,000.00000000 1.00000000 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 138,002,000.00 6.~~35663~~35092% ~~138~~134,~~002~~395,~~000~~439.0022 ~~731~~711,~~023~~278.0490 0.00 0.00 2-A 22,805,000.00 6.~~41772~~41787% 22,~~805~~762,~~000~~240.0006 121,~~963~~737.4259 0.00 0.00 3-A-1 11,630,000.00 5.50000% 11,630,000.00 53,304.17 0.00 0.00 3-A-2 1,020,000.00 5.50000% 1,020,000.00 4,675.00 0.00 0.00 3-A-3 73,128,800.00 5.00000% 7371,~~128~~880,~~800~~443.0036 ~~304~~299,~~703~~501.3385 0.00 0.00 3-A-4 18,282,200.00 2.~~35000~~58000% 1817,~~282~~970,~~200~~110.0084 3538,~~802~~635.6474 0.00 0.00 3-A-5 0.00 54.~~15000~~92000% 1817,~~282~~970,~~200~~110.0084 7873,~~461~~677.1145 0.00 0.00 3-A-6 5,500,000.00 5.50000% 5,500,000.00 25,208.33 0.00 0.00 3-A-X 0.00 5.50000% 12,~~708~~353,~~487~~079.0066 5856,~~247~~618.2328 0.00 0.00 3-A-P 734,527.00 0.00000% ~~734~~733,~~527~~519.0070 0.00 0.00 0.00 4-A 21,082,000.00 5.~~66100~~65029% 2120,~~082~~845,~~000~~267.0088 9998,~~454~~151.3449 0.00 0.00 5-A 25,291,000.00 5.00000% 25,~~291~~184,~~000~~749.0009 ~~105~~104,~~379~~936.1745 0.00 0.00 5-A-X 0.00 5.00000% 2,~~540~~529,~~060~~604.0064 10,~~583~~540.5802 0.00 0.00 5-A-P 535,908.00 0.00000% ~~535~~533,~~908~~343.0088 0.00 0.00 0.00 A-R 100.00 6.~~35663~~35186% ~~100~~0.00 0.5300 0.00 0.00 B-1 9,433,000.00 5.~~90764~~90473% 9,~~433~~421,~~000~~546.0032 46,~~438~~359.9772 0.00 0.00 B-2 3,537,000.00 5.~~90764~~90473% 3,~~537~~532,~~000~~705.0033 17,~~412~~383.7705 0.00 0.00 B-3 1,853,000.00 5.~~90764~~90473% 1,~~853~~850,~~000~~750.0006 9,~~122~~106.3881 0.00 0.00 B-4 1,853,000.00 5.~~90764~~90473% 1,~~853~~850,~~000~~750.0006 9,~~122~~106.3881 0.00 0.00 B-5 1,347,000.00 5.~~90764~~90473% 1,~~347~~345,~~000~~364.0045 6,~~631~~620.3301 0.00 0.00 B-6 843,034.00 5.~~90764~~90473% ~~843~~842,~~034~~010.0038 4,~~150~~143.2820 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 Totals 336,877,669.00 1,~~721~~690,~~684~~984.0087 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 ~~731~~711,~~023~~278.0490 0.00 ~~134~~130,~~395~~516,~~439~~367.2200 2-A 0.00 0.00 121,~~963~~737.4259 0.00 2221,~~762~~916,~~240~~389.0604 3-A-1 0.00 0.00 53,304.17 0.00 11,630,000.00 3-A-2 0.00 0.00 4,675.00 0.00 1,020,000.00 3-A-3 0.00 0.00 ~~304~~299,~~703~~501.3385 0.00 7170,~~880~~729,~~443~~666.3698 3-A-4 0.00 0.00 3538,~~802~~635.6474 0.00 17,~~970~~682,~~110~~416.8475 3-A-5 0.00 0.00 7873,~~461~~677.1145 0.00 17,~~970~~682,~~110~~416.8475 3-A-6 0.00 0.00 25,208.33 0.00 5,500,000.00 3-A-X 0.00 0.00 5856,~~247~~618.2328 0.00 12,~~353~~106,~~079~~315.6639 3-A-P 0.00 0.00 0.00 0.00 ~~733~~732,~~519~~457.7004 4-A 0.00 0.00 9998,~~454~~151.3449 0.00 20,~~845~~588,~~267~~351.8814 5-A 0.00 0.00 ~~105~~104,~~379~~936.1745 0.00 25,~~184~~086,~~749~~456.0956 5-A-X 0.00 0.00 10,~~583~~540.5802 0.00 2,~~529~~520,~~604~~041.6495 5-A-P 0.00 0.00 0.00 0.00 ~~533~~530,~~343~~748.8850 A-R 0.00 0.00 70.6304 0.00 0.00 B-1 0.00 0.00 46,~~438~~359.9772 0.00 9,~~421~~410,~~546~~004.3224 B-2 0.00 0.00 17,~~412~~383.7705 0.00 3,~~532~~528,~~705~~377.3350 B-3 0.00 0.00 9,~~122~~106.3881 0.00 1,~~850~~848,~~750~~482.0676 B-4 0.00 0.00 9,~~122~~106.3881 0.00 1,~~850~~848,~~750~~482.0676 B-5 0.00 0.00 6,~~631~~620.3301 0.00 1,~~345~~343,~~364~~716.4528 B-6 0.00 0.00 4,~~150~~143.2820 0.00 ~~842~~840,~~010~~978.3885 P 0.00 0.00 218,~~496~~699.2780 0.00 100.00 Totals 0.00 0.00 1,~~743~~699,~~187~~684.3771 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 138,002,000.00 6.~~35663~~35092% ~~1000~~973.~~00000000~~86588035 5.~~29719163~~15412023 0.00000000 0.00000000 2-A 22,805,000.00 6.~~41772~~41787% ~~1000~~998.~~00000000~~12497522 5.~~34809998~~33819733 0.00000000 0.00000000 3-A-1 11,630,000.00 5.50000% 1000.00000000 4.58333362 0.00000000 0.00000000 3-A-2 1,020,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 3-A-3 73,128,800.00 5.00000% ~~1000~~982.~~00000000~~92934330 4.~~16666662~~09553897 0.00000000 0.00000000 3-A-4 18,282,200.00 2.~~35000~~58000% ~~1000~~982.~~00000000~~92934330 12.~~95833324~~11329818 0.00000000 0.00000000 3-A-5 0.00 54.~~15000~~92000% ~~1000~~982.~~00000000~~92934330 4.~~29166676~~03001006 0.00000000 0.00000000 3-A-6 5,500,000.00 5.50000% 1000.00000000 4.58333273 0.00000000 0.00000000 3-A-X 0.00 5.50000% ~~1000~~972.~~00000000~~03385895 4.~~58333317~~45515505 0.00000000 0.00000000 3-A-P 734,527.00 0.00000% ~~1000~~998.~~00000000~~62864129 0.00000000 0.00000000 0.00000000 4-A 21,082,000.00 5.~~66100~~65029% ~~1000~~988.~~00000000~~77088891 4.~~71750024~~65570107 0.00000000 0.00000000 5-A 25,291,000.00 5.00000% ~~1000~~995.~~00000000~~79886481 4.~~16666680~~14916176 0.00000000 0.00000000 5-A-X 0.00 5.00000% ~~1000~~995.~~00000000~~88381377 4.~~16666535~~14951615 0.00000000 0.00000000 5-A-P 535,908.00 0.00000% ~~1000~~995.~~00000000~~21537279 0.00000000 0.00000000 0.00000000 A-R 100.00 6.~~35663~~35186% ~~1000~~0.00000000 50.~~30000000~~00000000 0.00000000 0.00000000 B-1 9,433,000.00 5.~~90764~~90473% ~~1000~~998.~~00000000~~78578607 4.~~92303297~~91463161 0.00000000 0.00000000 B-2 3,537,000.00 5.~~90764~~90473% ~~1000~~998.~~00000000~~78578739 4.~~92303364~~91463104 0.00000000 0.00000000 B-3 1,853,000.00 5.~~90764~~90473% ~~1000~~998.~~00000000~~78578521 4.~~92303292~~91463033 0.00000000 0.00000000 B-4 1,853,000.00 5.~~90764~~90473% ~~1000~~998.~~00000000~~78578521 4.~~92303292~~91463033 0.00000000 0.00000000 B-5 1,347,000.00 5.~~90764~~90473% ~~1000~~998.~~00000000~~78578322 4.~~92303638~~91463252 0.00000000 0.00000000 B-6 843,034.00 5.~~90764~~90473% ~~1000~~998.~~00000000~~78579037 4.~~92302802~~91462978 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 (5) All classes are per $1,000 denomination

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-A 0.00000000 0.00000000 5.~~29719163~~15412023 0.00000000 ~~973~~945.~~86588035~~75706874 2-A 0.00000000 0.00000000 5.~~34809998~~33819733 0.00000000 ~~998~~961.~~12497522~~03438018 3-A-1 0.00000000 0.00000000 4.58333362 0.00000000 1000.00000000 3-A-2 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000 3-A-3 0.00000000 0.00000000 4.~~16666662~~09553897 0.00000000 ~~982~~967.~~92934330~~19304816 3-A-4 0.00000000 0.00000000 12.~~95833324~~11329818 0.00000000 ~~982~~967.~~92934330~~19304843 3-A-5 0.00000000 0.00000000 4.~~29166676~~03001006 0.00000000 ~~982~~967.~~92934330~~19304843 3-A-6 0.00000000 0.00000000 4.58333273 0.00000000 1000.00000000 3-A-X 0.00000000 0.00000000 4.~~58333317~~45515505 0.00000000 ~~972~~952.~~03385895~~61657741 3-A-P 0.00000000 0.00000000 0.00000000 0.00000000 ~~998~~997.~~62864129~~18191435 4-A 0.00000000 0.00000000 4.~~71750024~~65570107 0.00000000 ~~988~~976.~~77088891~~58434399 5-A 0.00000000 0.00000000 4.~~16666680~~14916176 0.00000000 ~~995~~991.~~79886481~~91240204 5-A-X 0.00000000 0.00000000 4.~~16666535~~14951615 0.00000000 ~~995~~992.~~88381377~~11906412 5-A-P 0.00000000 0.00000000 0.00000000 0.00000000 ~~995~~990.~~21537279~~37241467 A-R 0.00000000 0.00000000 760.~~30000000~~40000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 4.~~92303297~~91463161 0.00000000 ~~998~~997.~~78578607~~56220078 B-2 0.00000000 0.00000000 4.~~92303364~~91463104 0.00000000 ~~998~~997.~~78578739~~56219960 B-3 0.00000000 0.00000000 4.~~92303292~~91463033 0.00000000 ~~998~~997.~~78578521~~56220183 B-4 0.00000000 0.00000000 4.~~92303292~~91463033 0.00000000 ~~998~~997.~~78578521~~56220183 B-5 0.00000000 0.00000000 4.~~92303638~~91463252 0.00000000 ~~998~~997.~~78578322~~56219748 B-6 0.00000000 0.00000000 4.~~92302802~~91462978 0.00000000 ~~998~~997.~~78579037~~56219797 P 0.00000000 0.00000000 ~~214962~~86998.~~70000000~~00000000 0.00000000 1000.00000000 (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 78,~~371~~304,~~202~~916.3139 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0434.0019 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 218,~~496~~699.2780 Total Deposits 78,~~392~~314,~~698~~050.5838 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 7069,~~182~~020.8447 Payment of Interest and Principal 78,~~322~~245,~~515~~029.7491 Total Withdrawals (Pool Distribution Amount) 78,~~392~~314,~~698~~050.5838 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 7069,~~182~~020.8447 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 7069,~~182~~020.8447

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 120 0 0 0 120 ~~2,137,929~~0.6800 0.00 0.00 0.00 ~~2,137,929~~0.6800 60 Days 01 0 0 0 01 072,545.0090 0.00 0.00 0.00 072,545.0090 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 121 0 0 0 121 272,~~137,929~~545.6890 0.00 0.00 0.00 272,~~137,929~~545.6890 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.~~813559~~000000% 0.000000% 0.000000% 0.000000% 0.~~813559~~000000% 0.~~644949~~000000% 0.000000% 0.000000% 0.000000% 0.~~644949~~000000% 60 Days 0.~~000000~~069252% 0.000000% 0.000000% 0.000000% 0.~~000000~~069252% 0.~~000000~~022327% 0.000000% 0.000000% 0.000000% 0.~~000000~~022327% 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.~~813559~~069252% 0.000000% 0.000000% 0.000000% 0.~~813559~~069252% 0.~~644949~~022327% 0.000000% 0.000000% 0.000000% 0.~~644949~~022327%

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 70 0 0 0 70 ~~919,676~~0.5000 0.00 0.00 0.00 ~~919,676~~0.5000 60 Days 01 0 0 0 01 072,545.0090 0.00 0.00 0.00 072,545.0090 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 71 0 0 0 71 ~~919~~72,~~676~~545.5090 0.00 0.00 0.00 ~~919~~72,~~676~~545.5090 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~793651~~000000% 0.000000% 0.000000% 0.000000% 0.~~793651~~000000% 0.~~644791~~000000% 0.000000% 0.000000% 0.000000% 0.~~644791~~000000% 60 Days 0.~~000000~~116279% 0.000000% 0.000000% 0.000000% 0.~~000000~~116279% 0.~~000000~~052288% 0.000000% 0.000000% 0.000000% 0.~~000000~~052288% 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.~~793651~~116279% 0.000000% 0.000000% 0.000000% 0.~~793651~~116279% 0.~~644791~~052288% 0.000000% 0.000000% 0.000000% 0.~~644791~~052288% 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 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 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 10 0 0 0 10 ~~470,166~~0.8800 0.00 0.00 0.00 ~~470,166~~0.8800 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 10 0 0 0 10 ~~470,166~~0.8800 0.00 0.00 0.00 ~~470,166~~0.8800 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~460829~~000000% 0.000000% 0.000000% 0.000000% 0.~~460829~~000000% 0.~~407702~~000000% 0.000000% 0.000000% 0.000000% 0.~~407702~~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.~~460829~~000000% 0.000000% 0.000000% 0.000000% 0.~~460829~~000000% 0.~~407702~~000000% 0.000000% 0.000000% 0.000000% 0.~~407702~~000000% 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 30 0 0 0 30 ~~277,885~~0.3900 0.00 0.00 0.00 ~~277,885~~0.3900 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 30 0 0 0 30 ~~277,885~~0.3900 0.00 0.00 0.00 ~~277,885~~0.3900 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~724138~~000000% 0.000000% 0.000000% 0.000000% 10.~~724138~~000000% 10.~~255931~~000000% 0.000000% 0.000000% 0.000000% 10.~~255931~~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 10.~~724138~~000000% 0.000000% 0.000000% 0.000000% 10.~~724138~~000000% 10.~~255931~~000000% 0.000000% 0.000000% 0.000000% 10.~~255931~~000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 5 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 10 0 0 0 10 ~~470,200~~0.9100 0.00 0.00 0.00 ~~470,200~~0.9100 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 10 0 0 0 10 ~~470,200~~0.9100 0.00 0.00 0.00 ~~470,200~~0.9100 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 20.~~127660~~000000% 0.000000% 0.000000% 0.000000% 20.~~127660~~000000% 10.~~722873~~000000% 0.000000% 0.000000% 0.000000% 10.~~722873~~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 20.~~127660~~000000% 0.000000% 0.000000% 0.000000% 20.~~127660~~000000% 10.~~722873~~000000% 0.000000% 0.000000% 0.000000% 10.~~722873~~000000%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~15,875~~434.3919

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 150,000.00 0.04452655% 150,000.00 0.~~04527642~~04618896% Fraud 10,106,327.00 2.99999909% 10,106,327.00 3.~~05052237~~11200519% Special Hazard 3,368,776.00 0.99999980% 3,~~368~~247,~~776~~528.0097 1.~~01684089~~00000000% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.~~447519~~437795% Weighted Average Net Coupon 6.~~197519~~187795% Weighted Average Pass-Through Rate 6.~~132879~~124940% Weighted Average Maturity(Stepdown Calculation ) ~~326~~325 Beginning Scheduled Collateral Loan Count 1,~~501~~475 Number Of Loans Paid In Full 2631 Ending Scheduled Collateral Loan Count 1,~~475~~444 Beginning Scheduled Collateral Balance ~~336~~331,~~877~~298,~~669~~242.0012 Ending Scheduled Collateral Balance ~~331~~324,~~298~~752,~~242~~896.1291 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2004 ~~331~~324,~~488~~931,~~384~~205.9763 Monthly P &I Constant 2,~~219~~185,~~522~~463.70 Special Servicing Fee 0.00 Prepayment Penalties 218,~~496~~699.2780 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~409~~408,~~502~~105.3832 Unscheduled Principal 56,~~169~~137,~~825~~239.9989

Miscellaneous Reporting Senior Percentage 94.~~378536~~290504% Subordinate Percentage 5.~~621464~~709496%

Group Level Collateral Statement Group 1 2 3 Collateral Description Fixed 30 Year Fixed 30 Year Fixed 30 Year Weighted Average Coupon Rate 6.~~730630~~721367 6.~~667720~~667870 6.~~335443~~326473 Weighted Average Net Rate 6.~~480630~~471367 6.~~417719~~417869 6.~~085443~~076473 Weighted Average Maturity 350 351 ~~352~~353 ~~354~~ Beginning Loan Count ~~903~~882 155 ~~220~~217 Loans Paid In Full 2122 04 3 Ending Loan Count ~~882~~860 ~~155~~151 ~~217~~214 Beginning Scheduled Balance ~~146~~142,~~189~~576,~~404~~319.0076 24,~~158~~114,~~161~~311.0015 ~~116~~115,~~838~~271,~~392~~970.0076 Ending scheduled Balance ~~142~~138,~~576~~690,~~319~~778.7627 2423,~~114~~267,~~311~~362.1546 ~~115~~113,~~271~~827,~~970~~417.7651 Record Date 1011/3130/2004 1011/3130/2004 1011/3130/2004 Principal And Interest Constant ~~934~~911,~~657~~336.1716 153,~~683~~569.0876 ~~705~~696,~~910~~565.9847 Scheduled Principal ~~114~~112,~~701~~746.5438 19,~~449~~577.8718 8988,~~058~~844.5367 Unscheduled Principal 3,~~498~~772,~~383~~795.0711 24827,~~399~~371.51 1,~~477~~355,~~363~~708.0758 Scheduled Interest ~~819~~798,~~955~~589.6378 ~~134~~133,~~233~~992.2158 ~~616~~607,~~852~~720.4580 Servicing Fees 3029,~~456~~703.1340 5,~~032~~023.9783 24,~~341~~014.2999 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 1514,~~099~~310.2074 0.00 2,~~121~~119.1362 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 ~~774~~754,~~400~~575.3064 ~~129~~128,~~200~~968.2475 ~~590~~581,~~390~~586.0319 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.~~356688~~350920 6.~~417720~~417870 6.~~063658~~054407

Group Level Collateral Statement Group 4 5 Total Collateral Description Fixed 15 Year Fixed 15 Year Mixed Fixed Weighted Average Coupon Rate 5.~~960764~~950410 5.~~616267~~616361 6.~~447519~~437795 Weighted Average Net Rate 5.~~710762~~700410 5.~~366268~~366361 6.~~197519~~187795 Weighted Average Maturity ~~171~~170 ~~173~~172 ~~326~~325 Beginning Loan Count ~~176~~174 47 1,~~501~~475 Loans Paid In Full 2 0 2631 Ending Loan Count ~~174~~172 47 1,~~475~~444 Beginning Scheduled Balance 22,~~332~~091,~~440~~114.0073 27,~~359~~244,~~173~~525.0072 ~~336~~331,~~877~~298,~~570~~242.0012 Ending scheduled Balance 2221,~~091~~829,~~114~~565.7362 27,~~244~~137,~~525~~773.7205 ~~331~~324,~~298~~752,~~242~~896.1291 Record Date 1011/3130/2004 1011/3130/2004 1011/3130/2004 Principal And Interest Constant ~~192~~191,~~962~~683.1802 232,309.29 2,~~219~~185,~~522~~463.70 Scheduled Principal 82,~~030~~140.1737 104,~~262~~796.2772 ~~409~~408,~~502~~105.3832 Unscheduled Principal ~~159~~179,~~294~~408.9974 101,~~385~~955.3595 56,~~169~~137,~~825~~239.9989 Scheduled Interest ~~110~~109,~~932~~542.0165 ~~128~~127,~~047~~512.0257 1,~~810~~777,~~020~~358.3238 Servicing Fees 4,~~652~~602.6431 5,~~699~~675.8194 7069,~~182~~020.8447 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 ~~926~~922.1170 0.00 1817,~~146~~353.4406 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 ~~105~~104,~~353~~017.2664 ~~122~~121,~~347~~836.2163 1,~~721~~690,~~691~~984.0485 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.~~661001~~650289 5.~~366267~~366361 6.~~132879~~124940

Miscellaneous Reporting Group 1 Group 1 Senior Percentage 94.~~399523~~262104% Group 1 Senior Prepayment Percentage 100.000000% Group 1 Subordinate Percentage 5.~~600477~~737896% Group 1 Subordinate Prepayment % 0.000000% Group 2 Group 2 Senior Percentage 94.~~398744~~393076% Group 2 Senior Prepayment Percentage 100.000000% Group 2 Subordinate Percentage 5.~~601256~~606924% Group 2 Subordinate Prepayment % 0.000000% Group 3 Group 3 Senior Percentage 94.~~364645~~291964% Group 3 Senior Prepayment Percentage 100.000000% Group 3 Subordinate Percentage 5.~~635355~~708036% Group 3 Subordinate Prepayment % 0.000000%

Miscellaneous Reporting Group 4 Group 4 Senior Percentage 94.~~400791~~360417% Group 4 Senior Prepayment Percentage 100.000000% Group 4 Subordinate Percentage 5.~~599209~~639583% Group 4 Subordinate Prepayment % 0.000000% Group 5 Group 5 Senior Percentage 94.~~287552~~285418% Group 5 Senior Prepayment Percentage 100.000000% Group 5 Subordinate Percentage 5.~~712448~~714582% Group 5 Subordinate Prepayment % 0.000000%

Filing Compare · Morgan Stanley Mortgage Loan Trust 2004-9