8-K 1 cw0351_8k0312.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): December 25, 2003 CW (Depositor) (Issuer in respect of Mortgage Pass-Through Certificates, Series 2003-51) (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 CW Mortgage Pass-Through Certificates Series 2003-51 On December 25, 2003, The Bank of New York, as Trustee for CW, Mortgage Pass-Through Certificates Series 2003-51, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of September 1, 2003, among CW 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 CW, Mortgage Pass-Through Certificates Series 2003-51 relating to the distribution date of December 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of September 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: December 25, 2003 CW By: /s/ Courtney Bartholomew ------------------------------ Name: Courtney Bartholomew Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated December 25, 2003 Payment Date: 12/25/03 ------------------------------------------------------------ Countrywide Home Loans Mortgage Pass-Through Certificates, Series 2003-51 Alternative Loan Trust 2003-20CB ------------------------------------------------------------

Payment Date: 12/25/03 ------------------------------------------------------------ Countrywide Home Loans Mortgage Pass-Through Certificates, Series 2003-51 Alternative Loan Trust 2003-20CB ------------------------------------------------------------

------------------------------------------------------------ Countrywide Home Loans Mortgage Pass-Through Certificates, Series 2003-51 Alternative Loan Trust 2003-20CB ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 428,685,245.91 152,921,472.52 19,442,839.98 Loan count 2864 956 171 Avg loan rate 5.850796% 6.206331% 6.577988% Prepay amount 2,351,353.09 1,103,855.90 270,821.68 Total ----- Prin balance 601,049,558.41 Loan count 3991 Avg loan rate 5.97 Prepay amount 3,726,030.67 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 87,782.11 31,107.76 3,650.66 Sub servicer fees 57,168.14 34,183.68 5,245.06 Trustee fees 3,236.16 1,156.32 147.99 Agg advances N/A N/A N/A Adv this period 2,547.73 137.56 0.00 Total ----- Master serv fees 122,540.54 Sub servicer fees 96,596.88 Trustee fees 4,540.47 Agg advances N/A Adv this period 2,685.29 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Total ----- Realized losses 0.00 Cumulative losses 0.00 Coverage Amounts ---------------- Bankruptcy 157,809.48 56,412.35 7,328.16 Fraud 4,349,885.32 1,554,959.01 201,994.67 Special Hazard 6,053,964.28 0.00 0.00 Total ----- Bankruptcy 221,550.00 Fraud 6,106,839.00 Special Hazard 6,053,964.28 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 95.476320% 100.000000% 577,983,426.36 ----------------------------------------------------------------------------- Junior 4.523680% 0.000000% 27,384,924.74 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 3 425,940.92 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 3 425,940.92 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 7,128,953.80 7,128,953.80 Principal remittance amount 4,412,125.60 4,412,125.60 Interest remittance amount 2,716,828.20 2,716,828.20

CWMBS INC MORTGAGE PASS THROUGH CERTIFICATES SERIES 2003-51 8-K