8-K 1 we749925-8k.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: September 25, 2003 (Date of earliest event reported) Commission File No. 333-98129 Wells Fargo Asset Securities Corporation -------------------------------------------------------------------------------- Delaware 52-1972128 ------------------------------ ---------------------------------------- (State of Incorporation) I.R.S. Employer Identification No. 7485 New Horizon Way, Frederick, Maryland 21703 -------------------------------------------- ----------------- Address of principal executive offices (Zip Code) (301) 846-8881 -------------------------------------------------------------------------------- Registrant's Telephone Number, including area code -------------------------------------------------------------------------------- (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On September 25, 2003, Wells Fargo Asset Securities Corporation, a Delaware corporation (the "Registrant"), sold Mortgage Pass-Through Certificates, Series 2003-J, Class I-A-1, Class I-A-2, Class I-A-3, Class I-A-4, Class I-A-5, Class I-A-6, Class I-A-7, Class I-A-8, Class I-A-9, Class I-A-10, Class I-A-11, Class I-A-12, Class I-A-R, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class II-A-5, Class II-A-6, Class II-A-7, Class III-A-1, Class III-A-2, Class III-A-3, Class IV-A-1, Class IV-A-2, Class IV-A-3, Class V-A-1, Class B-1, Class B-2 and Class B-3 (the "Offered Certificates"), having an aggregate original principal balance of $1,694,692,100.00. The Offered Certificates were issued pursuant to a Pooling and Servicing Agreement, dated as of September 25, 2003, among the Registrant, Wells Fargo Bank Minnesota, National Association, as master servicer (the "Master Servicer" or "Wells Fargo Bank") and Wachovia Bank, National Association, as trustee (the "Agreement"), a copy of which is filed as an exhibit hereto. Mortgage Pass-Through Certificates, Series 2003-J, Class B-4, Class B-5 and Class B-6 Certificates, having an aggregate initial principal balance of $5,952,415.57 (the "Private Class B Certificates" and, together with the Offered Certificates, the "Certificates"), were also issued pursuant to the Agreement. As of the date of initial issuance, the Offered Certificates evidenced an approximate 99.65% undivided interest in a trust fund (the "Trust Estate"), consisting principally of five pools of adjustable interest rate, conventional, monthly pay, fully-amortizing, one-to four-family residential first mortgage loans. Some of the Mortgage Loans were originated in connection with the relocation of employees by various corporate employers that participated in the relocation program of Wells Fargo Home Mortgage, Inc. and of the employees of various non-participant employers. The remaining undivided interests in the Trust Estate are evidenced by the Private Class B Certificates. Distributions on the Private Class B Certificates are subordinated to distributions on the Offered Certificates. Interest on the Offered Certificates will be distributed on each Distribution Date (as defined in the Agreement). Monthly distributions in reduction of the principal balance of the Offered Certificates will be allocated to the Offered Certificates in accordance with the priorities set forth in the Agreement. Distributions of interest and in reduction of principal balance on any Distribution Date will be made to the extent that the Pool Distribution Amount is sufficient therefor. Elections will be made to treat the Trust Estate as three REMICs for federal income tax purposes (the "Upper-Tier REMIC," "Middle-Tier REMIC" and "Lower-Tier REMIC," respectively). The Class I-A-1, Class I-A-2, Class I-A-3, Class I-A-4, Class I-A-5, Class I-A-6, Class I-A-7, Class I-A-8, Class I-A-9, Class I-A-10, Class I-A-11, Class I-A-12, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class II-A-5, Class II-A-6, Class II-A-7, Class III-A-1, Class III-A-2, Class III-A-3, Class IV-A-1, Class IV-A-2, Class IV-A-3, Class V-A-1, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates will be treated as "regular interests" in the Upper-Tier REMIC and the Class I-A-R Certificate will represent the "residual interests" in the Upper-Tier REMIC, Middle-Tier REMIC and Lower-Tier REMIC. ITEM 7. Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit No. Description ------------------ ----------- (EX-4) Pooling and Servicing Agreement, dated as of September 25, 2003, among Wells Fargo Asset Securities Corporation, Wells Fargo Bank Minnesota, National Association and Wachovia Bank, National Association, as trustee. 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. WELLS FARGO ASSET SECURITIES CORPORATION September 25, 2003 /s/ Patrick Greene ------------------------------------------- Patrick Greene Senior Vice President INDEX TO EXHIBITS Paper (P) or Exhibit No. Description Electronic (E) ----------- ----------- -------------- (EX-4) Pooling and Servicing E Agreement, dated as of September 25, 2003 among Wells Fargo Asset Securities Corporation, Wells Fargo Bank Minnesota, National Association and Wachovia Bank, National Association, as trustee.

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 11/30/03 Distribution Date: 12/26/03 WFMBS Series: 2003-J Contact: Customer Service - SecuritiesLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 846-8130 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution I-A-1 949808AA7 SEN 4.63520% 72,700,448.11 280,773.58 1,791,295.99 I-A-2 949808AB5 SEN 4.63520% 31,800,000.00 122,813.55 0.00 I-A-3 949808AC3 SEN 4.63520% 37,800,000.00 145,985.91 0.00 I-A-4 949808AD1 SEN 4.63520% 20,000,000.00 77,241.22 0.00 I-A-5 949808AE9 SEN 4.63520% 14,825,761.50 57,258.00 135,727.55 I-A-6 949808AF6 SEN 4.63520% 50,675,885.36 195,713.37 1,498,839.32 I-A-7 949808AG4 SEN 4.49000% 40,000,000.00 149,643.33 0.00 I-A-8 949808AH2 SEN 0.14520% 0.00 4,839.12 0.00 I-A-9 949808AJ8 SEN 4.63520% 66,145,000.00 255,456.04 0.00 I-A-10 949808AK5 SEN 4.63520% 33,366,000.00 128,861.53 0.00 I-A-11 949808AL3 SEN 4.63520% 6,900,000.00 26,648.22 0.00 I-A-12 949808AM1 SEN 4.63520% 815,417.11 3,149.19 7,465.02 I-A-R 949808AN9 SEN 4.63496% 0.00 0.00 0.00 II-A-1 949808AP4 SEN 4.46871% 495,267,802.97 1,844,050.50 2,131,017.31 II-A-2 949808AQ2 SEN 4.46871% 19,796,515.53 73,709.16 91,633.74 II-A-3 949808AR0 SEN 4.46871% 1,500,000.00 5,585.01 0.00 II-A-4 949808AS8 SEN 4.46871% 130,883,573.79 487,324.07 1,403,398.50 II-A-5 949808AT6 SEN 4.46871% 25,000,000.00 93,083.50 0.00 II-A-6 949808AU3 SEN 4.46871% 31,917,000.00 118,837.85 0.00 II-A-7 949808AV1 SEN 4.46871% 138,362,000.00 515,168.79 0.00 III-A-1 949808AW9 SEN 4.75023% 148,852,801.69 589,145.78 291,936.21 III-A-2 949808AX7 SEN 4.75023% 31,055,000.00 122,912.85 0.00 III-A-3 949808AY5 SEN 4.75023% 993,663.81 3,932.83 1,612.42 IV-A-1 949808AZ2 SEN 4.42065% 108,618,693.67 400,075.28 1,201,438.04 IV-A-2 949808BA6 SEN 4.42065% 8,232,000.00 30,320.93 0.00 IV-A-3 949808BB4 SEN 4.42065% 2,953,086.85 10,877.11 30,363.11 V-A-1 949808BC2 SEN 4.47018% 124,603,381.79 464,094.19 193,164.37 B-1 949808BD0 SUB 4.53427% 25,446,174.28 96,134.77 32,179.15 B-2 949808BE8 SUB 4.53427% 5,937,108.17 22,430.19 7,508.05 B-3 949808BF5 SUB 4.53427% 4,241,361.55 16,023.72 5,363.61 B-4 949808BG3 SUB 4.53427% 1,695,746.62 6,406.47 2,144.44 B-5 949808BH1 SUB 4.53427% 1,696,744.12 6,410.24 2,145.70 B-6 949808BJ7 SUB 4.53427% 2,545,031.96 9,615.04 3,218.44 Totals 1,684,626,198.88 6,364,521.34 8,830,450.97

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 70,909,152.12 2,072,069.57 0.00 I-A-2 0.00 31,800,000.00 122,813.55 0.00 I-A-3 0.00 37,800,000.00 145,985.91 0.00 I-A-4 0.00 20,000,000.00 77,241.22 0.00 I-A-5 0.00 14,690,033.95 192,985.55 0.00 I-A-6 0.00 49,177,046.04 1,694,552.69 0.00 I-A-7 0.00 40,000,000.00 149,643.33 0.00 I-A-8 0.00 0.00 4,839.12 0.00 I-A-9 0.00 66,145,000.00 255,456.04 0.00 I-A-10 0.00 33,366,000.00 128,861.53 0.00 I-A-11 0.00 6,900,000.00 26,648.22 0.00 I-A-12 0.00 807,952.09 10,614.21 0.00 I-A-R 0.00 0.00 0.00 0.00 II-A-1 0.00 493,136,785.65 3,975,067.81 0.00 II-A-2 0.00 19,704,881.78 165,342.90 0.00 II-A-3 0.00 1,500,000.00 5,585.01 0.00 II-A-4 0.00 129,480,175.29 1,890,722.57 0.00 II-A-5 0.00 25,000,000.00 93,083.50 0.00 II-A-6 0.00 31,917,000.00 118,837.85 0.00 II-A-7 0.00 138,362,000.00 515,168.79 0.00 III-A-1 0.00 148,560,865.48 881,081.99 0.00 III-A-2 0.00 31,055,000.00 122,912.85 0.00 III-A-3 0.00 992,051.40 5,545.25 0.00 IV-A-1 0.00 107,417,255.63 1,601,513.32 0.00 IV-A-2 0.00 8,232,000.00 30,320.93 0.00 IV-A-3 0.00 2,922,723.74 41,240.22 0.00 V-A-1 0.00 124,410,217.42 657,258.56 0.00 B-1 0.00 25,413,995.13 128,313.92 0.00 B-2 0.00 5,929,600.12 29,938.24 0.00 B-3 0.00 4,235,997.93 21,387.33 0.00 B-4 0.00 1,693,602.18 8,550.91 0.00 B-5 0.00 1,694,598.42 8,555.94 0.00 B-6 0.00 2,541,813.52 12,833.48 0.00 Totals 0.00 1,675,795,747.89 15,194,972.31 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 75,000,000.00 72,700,448.11 247,358.80 1,543,937.20 0.00 0.00 I-A-2 31,800,000.00 31,800,000.00 0.00 0.00 0.00 0.00 I-A-3 37,800,000.00 37,800,000.00 0.00 0.00 0.00 0.00 I-A-4 20,000,000.00 20,000,000.00 0.00 0.00 0.00 0.00 I-A-5 15,000,000.00 14,825,761.50 18,742.52 116,985.03 0.00 0.00 I-A-6 52,600,000.00 50,675,885.36 206,973.66 1,291,865.66 0.00 0.00 I-A-7 40,000,000.00 40,000,000.00 0.00 0.00 0.00 0.00 I-A-8 0.00 0.00 0.00 0.00 0.00 0.00 I-A-9 66,145,000.00 66,145,000.00 0.00 0.00 0.00 0.00 I-A-10 33,366,000.00 33,366,000.00 0.00 0.00 0.00 0.00 I-A-11 6,900,000.00 6,900,000.00 0.00 0.00 0.00 0.00 I-A-12 825,000.00 815,417.11 1,030.84 6,434.18 0.00 0.00 I-A-R 100.00 0.00 0.00 0.00 0.00 0.00 II-A-1 500,000,000.00 495,267,802.97 626,475.81 1,504,541.51 0.00 0.00 II-A-2 20,000,000.00 19,796,515.53 26,938.46 64,695.28 0.00 0.00 II-A-3 1,500,000.00 1,500,000.00 0.00 0.00 0.00 0.00 II-A-4 134,000,000.00 130,883,573.79 412,570.65 990,827.85 0.00 0.00 II-A-5 25,000,000.00 25,000,000.00 0.00 0.00 0.00 0.00 II-A-6 31,917,000.00 31,917,000.00 0.00 0.00 0.00 0.00 II-A-7 138,362,000.00 138,362,000.00 0.00 0.00 0.00 0.00 III-A-1 150,000,000.00 148,852,801.69 222,554.28 69,381.93 0.00 0.00 III-A-2 31,055,000.00 31,055,000.00 0.00 0.00 0.00 0.00 III-A-3 1,000,000.00 993,663.81 1,229.21 383.21 0.00 0.00 IV-A-1 110,475,000.00 108,618,693.67 153,002.17 1,048,435.86 0.00 0.00 IV-A-2 8,232,000.00 8,232,000.00 0.00 0.00 0.00 0.00 IV-A-3 3,000,000.00 2,953,086.85 3,866.72 26,496.40 0.00 0.00 V-A-1 125,001,000.00 124,603,381.79 157,017.58 36,146.79 0.00 0.00 B-1 25,510,000.00 25,446,174.28 32,179.15 0.00 0.00 0.00 B-2 5,952,000.00 5,937,108.17 7,508.05 0.00 0.00 0.00 B-3 4,252,000.00 4,241,361.55 5,363.61 0.00 0.00 0.00 B-4 1,700,000.00 1,695,746.62 2,144.44 0.00 0.00 0.00 B-5 1,701,000.00 1,696,744.12 2,145.70 0.00 0.00 0.00 B-6 2,551,415.57 2,545,031.96 3,218.44 0.00 0.00 0.00 Totals 1,700,644,515.57 1,684,626,198.88 2,130,320.09 6,700,130.90 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 1,791,295.99 70,909,152.12 0.94545536 1,791,295.99 I-A-2 0.00 31,800,000.00 1.00000000 0.00 I-A-3 0.00 37,800,000.00 1.00000000 0.00 I-A-4 0.00 20,000,000.00 1.00000000 0.00 I-A-5 135,727.55 14,690,033.95 0.97933560 135,727.55 I-A-6 1,498,839.32 49,177,046.04 0.93492483 1,498,839.32 I-A-7 0.00 40,000,000.00 1.00000000 0.00 I-A-8 0.00 0.00 0.00000000 0.00 I-A-9 0.00 66,145,000.00 1.00000000 0.00 I-A-10 0.00 33,366,000.00 1.00000000 0.00 I-A-11 0.00 6,900,000.00 1.00000000 0.00 I-A-12 7,465.02 807,952.09 0.97933587 7,465.02 I-A-R 0.00 0.00 0.00000000 0.00 II-A-1 2,131,017.31 493,136,785.65 0.98627357 2,131,017.31 II-A-2 91,633.74 19,704,881.78 0.98524409 91,633.74 II-A-3 0.00 1,500,000.00 1.00000000 0.00 II-A-4 1,403,398.50 129,480,175.29 0.96626996 1,403,398.50 II-A-5 0.00 25,000,000.00 1.00000000 0.00 II-A-6 0.00 31,917,000.00 1.00000000 0.00 II-A-7 0.00 138,362,000.00 1.00000000 0.00 III-A-1 291,936.21 148,560,865.48 0.99040577 291,936.21 III-A-2 0.00 31,055,000.00 1.00000000 0.00 III-A-3 1,612.42 992,051.40 0.99205140 1,612.42 IV-A-1 1,201,438.04 107,417,255.63 0.97232184 1,201,438.04 IV-A-2 0.00 8,232,000.00 1.00000000 0.00 IV-A-3 30,363.11 2,922,723.74 0.97424125 30,363.11 V-A-1 193,164.37 124,410,217.42 0.99527378 193,164.37 B-1 32,179.15 25,413,995.13 0.99623658 32,179.15 B-2 7,508.05 5,929,600.12 0.99623658 7,508.05 B-3 5,363.61 4,235,997.93 0.99623658 5,363.61 B-4 2,144.44 1,693,602.18 0.99623658 2,144.44 B-5 2,145.70 1,694,598.42 0.99623658 2,145.70 B-6 3,218.44 2,541,813.52 0.99623658 3,218.44 Totals 8,830,450.97 1,675,795,747.89 0.98538862 8,830,450.97

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 75,000,000.00 969.33930813 3.29811733 20.58582933 0.00000000 I-A-2 31,800,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-3 37,800,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-4 20,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-5 15,000,000.00 988.38410000 1.24950133 7.79900200 0.00000000 I-A-6 52,600,000.00 963.41987376 3.93486046 24.56018365 0.00000000 I-A-7 40,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-8 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-9 66,145,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-10 33,366,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-11 6,900,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-12 825,000.00 988.38437576 1.24950303 7.79900606 0.00000000 I-A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 500,000,000.00 990.53560594 1.25295162 3.00908302 0.00000000 II-A-2 20,000,000.00 989.82577650 1.34692300 3.23476400 0.00000000 II-A-3 1,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-4 134,000,000.00 976.74308799 3.07888545 7.39423769 0.00000000 II-A-5 25,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-6 31,917,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-7 138,362,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-1 150,000,000.00 992.35201127 1.48369520 0.46254620 0.00000000 III-A-2 31,055,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-3 1,000,000.00 993.66381000 1.22921000 0.38321000 0.00000000 IV-A-1 110,475,000.00 983.19704612 1.38494836 9.49025445 0.00000000 IV-A-2 8,232,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-3 3,000,000.00 984.36228333 1.28890667 8.83213333 0.00000000 V-A-1 125,001,000.00 996.81907977 1.25613059 0.28917201 0.00000000 B-1 25,510,000.00 997.49801176 1.26143277 0.00000000 0.00000000 B-2 5,952,000.00 997.49801243 1.26143313 0.00000000 0.00000000 B-3 4,252,000.00 997.49801270 1.26143227 0.00000000 0.00000000 B-4 1,700,000.00 997.49801176 1.26143529 0.00000000 0.00000000 B-5 1,701,000.00 997.49801293 1.26143445 0.00000000 0.00000000 B-6 2,551,415.57 997.49801245 1.26143308 0.00000000 0.00000000 (2) Per $1000 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 23.88394653 945.45536160 0.94545536 23.88394653 I-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-5 0.00000000 9.04850333 979.33559667 0.97933560 9.04850333 I-A-6 0.00000000 28.49504411 934.92482966 0.93492483 28.49504411 I-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-8 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-12 0.00000000 9.04850909 979.33586667 0.97933587 9.04850909 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 4.26203462 986.27357130 0.98627357 4.26203462 II-A-2 0.00000000 4.58168700 985.24408900 0.98524409 4.58168700 II-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-4 0.00000000 10.47312313 966.26996485 0.96626996 10.47312313 II-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-1 0.00000000 1.94624140 990.40576987 0.99040577 1.94624140 III-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-3 0.00000000 1.61242000 992.05140000 0.99205140 1.61242000 IV-A-1 0.00000000 10.87520290 972.32184322 0.97232184 10.87520290 IV-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-3 0.00000000 10.12103667 974.24124667 0.97424125 10.12103667 V-A-1 0.00000000 1.54530260 995.27377717 0.99527378 1.54530260 B-1 0.00000000 1.26143277 996.23657899 0.99623658 1.26143277 B-2 0.00000000 1.26143313 996.23657930 0.99623658 1.26143313 B-3 0.00000000 1.26143227 996.23657808 0.99623658 1.26143227 B-4 0.00000000 1.26143529 996.23657647 0.99623658 1.26143529 B-5 0.00000000 1.26143445 996.23657848 0.99623658 1.26143445 B-6 0.00000000 1.26143308 996.23657937 0.99623658 1.26143308 (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 75,000,000.00 4.63520% 72,700,448.11 280,817.37 0.00 0.00 I-A-2 31,800,000.00 4.63520% 31,800,000.00 122,832.70 0.00 0.00 I-A-3 37,800,000.00 4.63520% 37,800,000.00 146,008.68 0.00 0.00 I-A-4 20,000,000.00 4.63520% 20,000,000.00 77,253.27 0.00 0.00 I-A-5 15,000,000.00 4.63520% 14,825,761.50 57,266.93 0.00 0.00 I-A-6 52,600,000.00 4.63520% 50,675,885.36 195,743.90 0.00 0.00 I-A-7 40,000,000.00 4.49000% 40,000,000.00 149,666.67 0.00 0.00 I-A-8 0.00 0.14520% 40,000,000.00 4,839.88 0.00 0.00 I-A-9 66,145,000.00 4.63520% 66,145,000.00 255,495.88 0.00 0.00 I-A-10 33,366,000.00 4.63520% 33,366,000.00 128,881.63 0.00 0.00 I-A-11 6,900,000.00 4.63520% 6,900,000.00 26,652.38 0.00 0.00 I-A-12 825,000.00 4.63520% 815,417.11 3,149.68 0.00 0.00 I-A-R 100.00 4.63496% 0.00 0.00 0.00 0.00 II-A-1 500,000,000.00 4.46871% 495,267,802.97 1,844,338.12 0.00 0.00 II-A-2 20,000,000.00 4.46871% 19,796,515.53 73,720.66 0.00 0.00 II-A-3 1,500,000.00 4.46871% 1,500,000.00 5,585.88 0.00 0.00 II-A-4 134,000,000.00 4.46871% 130,883,573.79 487,400.07 0.00 0.00 II-A-5 25,000,000.00 4.46871% 25,000,000.00 93,098.02 0.00 0.00 II-A-6 31,917,000.00 4.46871% 31,917,000.00 118,856.38 0.00 0.00 II-A-7 138,362,000.00 4.46871% 138,362,000.00 515,249.14 0.00 0.00 III-A-1 150,000,000.00 4.75023% 148,852,801.69 589,237.67 0.00 0.00 III-A-2 31,055,000.00 4.75023% 31,055,000.00 122,932.02 0.00 0.00 III-A-3 1,000,000.00 4.75023% 993,663.81 3,933.44 0.00 0.00 IV-A-1 110,475,000.00 4.42065% 108,618,693.67 400,137.68 0.00 0.00 IV-A-2 8,232,000.00 4.42065% 8,232,000.00 30,325.66 0.00 0.00 IV-A-3 3,000,000.00 4.42065% 2,953,086.85 10,878.80 0.00 0.00 V-A-1 125,001,000.00 4.47018% 124,603,381.79 464,166.58 0.00 0.00 B-1 25,510,000.00 4.53427% 25,446,174.28 96,149.76 0.00 0.00 B-2 5,952,000.00 4.53427% 5,937,108.17 22,433.69 0.00 0.00 B-3 4,252,000.00 4.53427% 4,241,361.55 16,026.22 0.00 0.00 B-4 1,700,000.00 4.53427% 1,695,746.62 6,407.47 0.00 0.00 B-5 1,701,000.00 4.53427% 1,696,744.12 6,411.24 0.00 0.00 B-6 2,551,415.57 4.53427% 2,545,031.96 9,616.54 0.00 0.00 Totals 1,700,644,515.57 6,365,514.01 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 43.79 0.00 280,773.58 0.00 70,909,152.12 I-A-2 19.16 0.00 122,813.55 0.00 31,800,000.00 I-A-3 22.77 0.00 145,985.91 0.00 37,800,000.00 I-A-4 12.05 0.00 77,241.22 0.00 20,000,000.00 I-A-5 8.93 0.00 57,258.00 0.00 14,690,033.95 I-A-6 30.53 0.00 195,713.37 0.00 49,177,046.04 I-A-7 23.34 0.00 149,643.33 0.00 40,000,000.00 I-A-8 0.75 0.00 4,839.12 0.00 40,000,000.00 I-A-9 39.84 0.00 255,456.04 0.00 66,145,000.00 I-A-10 20.10 0.00 128,861.53 0.00 33,366,000.00 I-A-11 4.16 0.00 26,648.22 0.00 6,900,000.00 I-A-12 0.49 0.00 3,149.19 0.00 807,952.09 I-A-R 0.00 0.00 0.00 0.00 0.00 II-A-1 287.62 0.00 1,844,050.50 0.00 493,136,785.65 II-A-2 11.50 0.00 73,709.16 0.00 19,704,881.78 II-A-3 0.87 0.00 5,585.01 0.00 1,500,000.00 II-A-4 76.01 0.00 487,324.07 0.00 129,480,175.29 II-A-5 14.52 0.00 93,083.50 0.00 25,000,000.00 II-A-6 18.54 0.00 118,837.85 0.00 31,917,000.00 II-A-7 80.35 0.00 515,168.79 0.00 138,362,000.00 III-A-1 91.89 0.00 589,145.78 0.00 148,560,865.48 III-A-2 19.17 0.00 122,912.85 0.00 31,055,000.00 III-A-3 0.61 0.00 3,932.83 0.00 992,051.40 IV-A-1 62.40 0.00 400,075.28 0.00 107,417,255.63 IV-A-2 4.73 0.00 30,320.93 0.00 8,232,000.00 IV-A-3 1.70 0.00 10,877.11 0.00 2,922,723.74 V-A-1 72.39 0.00 464,094.19 0.00 124,410,217.42 B-1 14.99 0.00 96,134.77 0.00 25,413,995.13 B-2 3.50 0.00 22,430.19 0.00 5,929,600.12 B-3 2.50 0.00 16,023.72 0.00 4,235,997.93 B-4 1.00 0.00 6,406.47 0.00 1,693,602.18 B-5 1.00 0.00 6,410.24 0.00 1,694,598.42 B-6 1.50 0.00 9,615.04 0.00 2,541,813.52 Totals 992.70 0.00 6,364,521.34 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 75,000,000.00 4.63520% 969.33930813 3.74423160 0.00000000 0.00000000 I-A-2 31,800,000.00 4.63520% 1000.00000000 3.86266352 0.00000000 0.00000000 I-A-3 37,800,000.00 4.63520% 1000.00000000 3.86266349 0.00000000 0.00000000 I-A-4 20,000,000.00 4.63520% 1000.00000000 3.86266350 0.00000000 0.00000000 I-A-5 15,000,000.00 4.63520% 988.38410000 3.81779533 0.00000000 0.00000000 I-A-6 52,600,000.00 4.63520% 963.41987376 3.72136692 0.00000000 0.00000000 I-A-7 40,000,000.00 4.49000% 1000.00000000 3.74166675 0.00000000 0.00000000 I-A-8 0.00 0.14520% 1000.00000000 0.12099700 0.00000000 0.00000000 I-A-9 66,145,000.00 4.63520% 1000.00000000 3.86266354 0.00000000 0.00000000 I-A-10 33,366,000.00 4.63520% 1000.00000000 3.86266349 0.00000000 0.00000000 I-A-11 6,900,000.00 4.63520% 1000.00000000 3.86266377 0.00000000 0.00000000 I-A-12 825,000.00 4.63520% 988.38437576 3.81779394 0.00000000 0.00000000 I-A-R 100.00 4.63496% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 500,000,000.00 4.46871% 990.53560594 3.68867624 0.00000000 0.00000000 II-A-2 20,000,000.00 4.46871% 989.82577650 3.68603300 0.00000000 0.00000000 II-A-3 1,500,000.00 4.46871% 1000.00000000 3.72392000 0.00000000 0.00000000 II-A-4 134,000,000.00 4.46871% 976.74308799 3.63731396 0.00000000 0.00000000 II-A-5 25,000,000.00 4.46871% 1000.00000000 3.72392080 0.00000000 0.00000000 II-A-6 31,917,000.00 4.46871% 1000.00000000 3.72392079 0.00000000 0.00000000 II-A-7 138,362,000.00 4.46871% 1000.00000000 3.72392087 0.00000000 0.00000000 III-A-1 150,000,000.00 4.75023% 992.35201127 3.92825113 0.00000000 0.00000000 III-A-2 31,055,000.00 4.75023% 1000.00000000 3.95852584 0.00000000 0.00000000 III-A-3 1,000,000.00 4.75023% 993.66381000 3.93344000 0.00000000 0.00000000 IV-A-1 110,475,000.00 4.42065% 983.19704612 3.62197493 0.00000000 0.00000000 IV-A-2 8,232,000.00 4.42065% 1000.00000000 3.68387512 0.00000000 0.00000000 IV-A-3 3,000,000.00 4.42065% 984.36228333 3.62626667 0.00000000 0.00000000 V-A-1 125,001,000.00 4.47018% 996.81907977 3.71330293 0.00000000 0.00000000 B-1 25,510,000.00 4.53427% 997.49801176 3.76910074 0.00000000 0.00000000 B-2 5,952,000.00 4.53427% 997.49801243 3.76910114 0.00000000 0.00000000 B-3 4,252,000.00 4.53427% 997.49801270 3.76910160 0.00000000 0.00000000 B-4 1,700,000.00 4.53427% 997.49801176 3.76910000 0.00000000 0.00000000 B-5 1,701,000.00 4.53427% 997.49801293 3.76910053 0.00000000 0.00000000 B-6 2,551,415.57 4.53427% 997.49801245 3.76909983 0.00000000 0.00000000 (5) All classes are per $1000 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 0.00058387 0.00000000 3.74364773 0.00000000 945.45536160 I-A-2 0.00060252 0.00000000 3.86206132 0.00000000 1000.00000000 I-A-3 0.00060238 0.00000000 3.86206111 0.00000000 1000.00000000 I-A-4 0.00060250 0.00000000 3.86206100 0.00000000 1000.00000000 I-A-5 0.00059533 0.00000000 3.81720000 0.00000000 979.33559667 I-A-6 0.00058042 0.00000000 3.72078650 0.00000000 934.92482966 I-A-7 0.00058350 0.00000000 3.74108325 0.00000000 1000.00000000 I-A-8 0.00001875 0.00000000 0.12097800 0.00000000 1000.00000000 I-A-9 0.00060231 0.00000000 3.86206123 0.00000000 1000.00000000 I-A-10 0.00060241 0.00000000 3.86206108 0.00000000 1000.00000000 I-A-11 0.00060290 0.00000000 3.86206087 0.00000000 1000.00000000 I-A-12 0.00059394 0.00000000 3.81720000 0.00000000 979.33586667 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00057524 0.00000000 3.68810100 0.00000000 986.27357130 II-A-2 0.00057500 0.00000000 3.68545800 0.00000000 985.24408900 II-A-3 0.00058000 0.00000000 3.72334000 0.00000000 1000.00000000 II-A-4 0.00056724 0.00000000 3.63674679 0.00000000 966.26996485 II-A-5 0.00058080 0.00000000 3.72334000 0.00000000 1000.00000000 II-A-6 0.00058088 0.00000000 3.72334023 0.00000000 1000.00000000 II-A-7 0.00058072 0.00000000 3.72334015 0.00000000 1000.00000000 III-A-1 0.00061260 0.00000000 3.92763853 0.00000000 990.40576987 III-A-2 0.00061729 0.00000000 3.95790855 0.00000000 1000.00000000 III-A-3 0.00061000 0.00000000 3.93283000 0.00000000 992.05140000 IV-A-1 0.00056483 0.00000000 3.62141009 0.00000000 972.32184322 IV-A-2 0.00057459 0.00000000 3.68330053 0.00000000 1000.00000000 IV-A-3 0.00056667 0.00000000 3.62570333 0.00000000 974.24124667 V-A-1 0.00057912 0.00000000 3.71272382 0.00000000 995.27377717 B-1 0.00058761 0.00000000 3.76851313 0.00000000 996.23657899 B-2 0.00058804 0.00000000 3.76851310 0.00000000 996.23657930 B-3 0.00058796 0.00000000 3.76851364 0.00000000 996.23657808 B-4 0.00058824 0.00000000 3.76851176 0.00000000 996.23657647 B-5 0.00058789 0.00000000 3.76851264 0.00000000 996.23657848 B-6 0.00058791 0.00000000 3.76851192 0.00000000 996.23657937 (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 16,459,483.00 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 16,459,483.00 Withdrawals Reimbursement for Servicer Advances 555,362.12 Payment of Service Fee 466,337.69 Payment of Interest and Principal 15,194,972.30 Total Withdrawals (Pool Distribution Amount) 16,216,672.11 Ending Balance 242,810.89

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 2,879.42 Servicing Fee Support 1,886.72 Non-Supported Prepayment/Curtailment Interest Shortfall 992.70

SERVICING FEES Gross Servicing Fee 454,188.27 Master Servicing Fee 14,036.14 Supported Prepayment/Curtailment Interest Shortfall 1,886.72 Net Servicing Fee 466,337.69

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 1 0 0 1 639,969.08 0.00 0.00 639,969.08 30 Days 2 0 0 0 2 1,190,281.55 0.00 0.00 0.00 1,190,281.55 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 2 1 0 0 3 1,190,281.55 639,969.08 0.00 0.00 1,830,250.63 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 0.031606% 0.000000% 0.000000% 0.031606% 0.038047% 0.000000% 0.000000% 0.038047% 30 Days 0.063211% 0.000000% 0.000000% 0.000000% 0.063211% 0.070764% 0.000000% 0.000000% 0.000000% 0.070764% 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 0.063211% 0.031606% 0.000000% 0.000000% 0.094817% 0.070764% 0.038047% 0.000000% 0.000000% 0.108810%

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 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 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 1 0 0 0 1 648,205.77 0.00 0.00 0.00 648,205.77 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 1 0 0 0 1 648,205.77 0.00 0.00 0.00 648,205.77 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.061162% 0.000000% 0.000000% 0.000000% 0.061162% 0.075342% 0.000000% 0.000000% 0.000000% 0.075342% 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 0.061162% 0.000000% 0.000000% 0.000000% 0.061162% 0.075342% 0.000000% 0.000000% 0.000000% 0.075342% 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 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 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 1 0 0 1 639,969.08 0.00 0.00 639,969.08 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 1 0 0 1 0.00 639,969.08 0.00 0.00 639,969.08 0-29 Days 0.429185% 0.000000% 0.000000% 0.429185% 0.526207% 0.000000% 0.000000% 0.526207% 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% 0.429185% 0.000000% 0.000000% 0.429185% 0.000000% 0.526207% 0.000000% 0.000000% 0.526207% 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 1 0 0 0 1 542,075.78 0.00 0.00 0.00 542,075.78 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 1 0 0 0 1 542,075.78 0.00 0.00 0.00 542,075.78 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.416667% 0.000000% 0.000000% 0.000000% 0.416667% 0.425044% 0.000000% 0.000000% 0.000000% 0.425044% 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 0.416667% 0.000000% 0.000000% 0.000000% 0.416667% 0.425044% 0.000000% 0.000000% 0.000000% 0.425044%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 236,167.63

COLLATERAL STATEMENT Collateral Description 10/1 CMT ARM Weighted Average Gross Coupon 4.867966% Weighted Average Net Coupon 4.534381% Weighted Average Pass-Through Rate 4.534381% Weighted Average Maturity(Stepdown Calculation ) 355 Beginning Scheduled Collateral Loan Count 3,174 Number Of Loans Paid In Full 10 Ending Scheduled Collateral Loan Count 3,164 Beginning Scheduled Collateral Balance 1,684,626,198.88 Ending Scheduled Collateral Balance 1,675,795,747.91 Ending Actual Collateral Balance at 30-Nov-2003 1,682,054,105.83 Monthly P &I Constant 8,969,870.14 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 1,675,795,747.91 Scheduled Principal 2,130,320.07 Unscheduled Principal 6,700,130.89 Unpaid Principal Balance Of Outstanding Mortgage Loans With Or Less Than Or Equal To 80% 1,668,850,111.69 Greater Than 80%, less than or equal to 85% 2,366,343.77 Greater than 85%, less than or equal to 95% 4,517,060.89 Greater than 95% 0.00

Group Level Collateral Statement Group 1 2 3 Collateral Description 10/1 CMT ARM 10/1 CMT ARM 10/1 CMT ARM Weighted Average Coupon Rate 4.895324 4.853774 5.010232 Weighted Average Net Rate 4.635324 4.468774 4.750232 Weighted Average Maturity 354 356 355 Beginning Loan Count 712 1,638 349 Loans Paid In Full 5 3 0 Ending Loan Count 707 1,635 349 Beginning Scheduled Balance 384,534,076.88 864,040,967.39 185,462,875.48 Ending scheduled Balance 381,088,732.20 860,387,957.16 185,163,684.18 Record Date 11/30/2003 11/30/2003 11/30/2003 Principal And Interest Constant 2,058,114.44 4,588,909.09 1,003,736.06 Scheduled Principal 486,122.62 1,092,945.59 229,426.16 Unscheduled Principal 2,959,222.06 2,560,064.64 69,765.14 Scheduled Interest 1,568,523.70 3,493,914.81 774,309.90 Servicing Fees 80,103.15 269,938.00 38,636.43 Master Servicing Fees 3,204.13 7,198.34 1,545.46 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 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 1,485,216.42 3,216,778.46 734,128.01 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

Group Level Collateral Statement Group 4 5 Total Collateral Description 10/1 CMT ARM 10/1 CMT ARM 10/1 CMT ARM Weighted Average Coupon Rate 4.680650 4.855194 4.867966 Weighted Average Net Rate 4.420650 4.470194 4.534381 Weighted Average Maturity 355 356 355 Beginning Loan Count 235 240 3,174 Loans Paid In Full 2 0 10 Ending Loan Count 233 240 3,164 Beginning Scheduled Balance 122,853,202.74 127,735,076.38 1,684,626,198.87 Ending scheduled Balance 121,617,408.73 127,537,965.64 1,675,795,747.91 Record Date 11/30/2003 11/30/2003 11/30/2003 Principal And Interest Constant 641,343.29 677,767.26 8,969,870.14 Scheduled Principal 160,861.75 160,963.95 2,130,320.07 Unscheduled Principal 1,074,932.26 36,146.79 6,700,130.89 Scheduled Interest 479,194.04 516,803.31 6,832,745.76 Servicing Fees 25,594.42 39,916.27 454,188.27 Master Servicing Fees 1,023.78 1,064.43 14,036.14 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 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 452,575.85 475,822.60 6,364,521.35 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

Filing Compare · WELLS FARGO ASSET SEC MOR BACKED SER 2003-J TRUST