8-K 1 cwa03bc4_8k0311.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 25, 2003 CWA (Depositor) (Issuer in respect of Asset-Backed Securitiies, Series 2003-BC4) (Exact name of registrant as specified in charter) Delaware 33-63714 95-4449516 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) , , N/A 91110-7137 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (818)-304-4428 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events CWA Asset-Backed Securitiies Series 2003-BC4 On November 25, 2003, The Bank of New York, as Trustee for CWA, Asset-Backed Securitiies Series 2003-BC4, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of August 1, 2003, among CWA as Depositor, Countrywide Home Loans, Seller and Master Servicer and The Bank of New York, as Trustee. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99 Report to Holders of CWA, Asset-Backed Securitiies Series 2003-BC4 relating to the distribution date of November 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of August 1, 2003. SIGNATURES 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 thereunto duly authorized. Dated: November 25, 2003 CWA By: /s/ Courtney Bartholomew ------------------------------ Name: Courtney Bartholomew Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated November 25, 2003 Payment Date: 11/25/03 ------------------------------------------------------------ Countrywide Home Loans Asset-Backed Securitiies, Series 2003-BC4 ------------------------------------------------------------

Class Information Current Payment Information ---------------------------------------------------------------------------------------------------------------------------------- Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls ---------------------------------------------------------------------------------------------------------------------------------- Senior 1A ~~169~~164,~~071~~847,~~805~~112.1436 1.390000% 4,~~224~~028,~~692~~382.7870 ~~208~~184,~~897~~582.6197 4,~~433~~212,~~590~~965.3967 0.00 0.00 2A1 ~~195~~184,~~996~~116,~~812~~790.1852 1.240000% 11,~~880~~808,~~021~~357.6656 ~~216~~183,~~032~~912.0422 1211,~~096~~992,~~053~~269.7078 0.00 0.00 2A2 315,747,000.00 1.440000% 0.00 ~~404~~366,~~156~~266.1652 ~~404~~366,~~156~~266.1652 0.00 0.00 M1 44,000,000.00 1.820000% 0.00 7164,~~182~~508.2289 7164,~~182~~508.2289 0.00 0.00 M2 12,000,000.00 2.020000% 0.00 2119,~~546~~526.67 2119,~~546~~526.67 0.00 0.00 M3 12,000,000.00 2.570000% 0.00 2724,~~413~~843.33 2724,~~413~~843.33 0.00 0.00 M4 12,000,000.00 2.870000% 0.00 3027,~~613~~743.33 3027,~~613~~743.33 0.00 0.00 M5 10,000,000.00 3.420000% 0.00 3027,~~400~~550.00 3027,~~400~~550.00 0.00 0.00 M6 8,000,000.00 4.620000% 0.00 3229,~~853~~773.33 3229,~~853~~773.33 0.00 0.00 B 6,000,000.00 4.620000% 0.00 2422,~~640~~330.00 2422,~~640~~330.00 0.00 0.00 P 100.00 0.000000% 0.00 0.00 0.00 0.00 0.00 C ~~784~~768,~~815~~710,~~617~~902.3288 0.000000% 0.00 3,~~178~~205,~~209~~785.9221 3,~~178~~205,~~209~~785.9221 0.00 0.00 Residual AR 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~784~~768,~~815~~711,~~717~~002.3288 - 1615,~~104~~836,~~714~~740.4426 4,~~245~~156,~~944~~822.6248 2019,~~350~~993,~~659~~562.0674 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A ~~164~~160,~~847~~818,~~112~~729.3666 0.00 2A1 ~~184~~172,~~116~~308,~~790~~432.5296 0.00 2A2 315,747,000.00 0.00 M1 44,000,000.00 0.00 M2 12,000,000.00 0.00 M3 12,000,000.00 0.00 M4 12,000,000.00 0.00 M5 10,000,000.00 0.00 M6 8,000,000.00 0.00 B 6,000,000.00 0.00 P 100.00 0.00 C ~~768~~752,~~710~~874,~~902~~162.8862 0.00 Residual AR 0.00 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~768~~752,~~711~~874,~~002~~262.8862 - --------------------------------------------------------------------------------

Payment Date: 11/25/03 ------------------------------------------------------------ Countrywide Home Loans Asset-Backed Securitiies, Series 2003-BC4 ------------------------------------------------------------

Class Information Current Payment Information Factors per $1,000 ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal. ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Senior 1A ~~169~~164,~~071~~847,~~805~~112.1436 1.390000% 126671G75 2423.~~279425~~151226 1.~~200540~~060803 ~~947~~924.~~380863~~229638 2A1 ~~195~~184,~~996~~116,~~812~~790.1852 1.240000% 126671F68 57.~~600105~~252643 10.~~047428~~891696 ~~892~~835.~~687469~~434826 2A2 315,747,000.00 1.440000% 126671F76 0.000000 1.~~280000~~160000 1,000.000000 M1 44,000,000.00 1.820000% 126671F84 0.000000 1.~~617778~~466111 1,000.000000 M2 12,000,000.00 2.020000% 126671F92 0.000000 1.~~795556~~627222 1,000.000000 M3 12,000,000.00 2.570000% 126671G26 0.000000 2.~~284444~~070278 1,000.000000 M4 12,000,000.00 2.870000% 126671G34 0.000000 2.~~551111~~311944 1,000.000000 M5 10,000,000.00 3.420000% 126671G42 0.000000 32.~~040000~~755000 1,000.000000 M6 8,000,000.00 4.620000% 126671G59 0.000000 43.~~106667~~721667 1,000.000000 B 6,000,000.00 4.620000% 126671G67 0.000000 43.~~106667~~721667 1,000.000000 P 100.00 0.000000% 126671H25 0.000000 0.000000 1,000.000000 C ~~784~~768,~~815~~710,~~617~~902.3288 0.000000% 126671G91 0.000000 34.~~972762~~007231 ~~960~~941.~~888508~~092586 Residual AR 0.00 0.000000% 126671G83 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~784~~768,~~815~~711,~~717~~002.3288 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ Countrywide Home Loans Asset-Backed Securitiies, Series 2003-BC4 ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 186,817,537.60 566,056,625.02 752,874,162.62 Loan count 1175 3351 4526 Avg loan rate 7.486816% 7.445031% 7.46 Prepay amount 3,847,290.57 11,326,395.71 15,173,686.28 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 76,953.97 232,739.19 309,693.16 Sub servicer fees 390.37 0.00 390.37 Trustee fees 1,431.34 4,333.99 5,765.33 Agg advances N/A N/A N/A Adv this period 89,856.27 227,320.78 317,177.05 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 0.00 Fraud 4,000,038.16 11,999,963.84 16,000,002.00 Special Hazard 0.00 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 100.000000% 100.000000% 768,711,002.88 ----------------------------------------------------------------------------- Junior 0.000000% 0.000000% 0.00 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 128 21,373,960.53 60 to 89 days 41 6,146,271.86 90 or more 29 5,106,632.69 Foreclosure 0 0.00 Totals: 198 32,626,865.08 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- REO INFORMATION -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 0.00 Current Total Outstanding Number of Loans: 0 -------------------------------------------------------------------------------- OTHER INFORMATION -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 19,993,562.74 19,993,562.74 Principal remittance amount 15,836,740.26 15,836,740.26 Interest remittance amount 4,156,822.48 4,156,822.48

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