8-K 1 ba745260_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: January 30, 2004 (Date of earliest event reported) Commission File No. 333-105940 Banc of America Mortgage Securities, Inc. -------------------------------------------------------------------------------- Delaware 36-4514369 -------------------------------------------------------------------------------- (State of Incorporation) (I.R.S. Employer Identification No.) 201 North Tryon Street, Charlotte, North Carolina 28255 -------------------------------------------------------------------------------- Address of principal executive offices (Zip Code) (704) 387-2111 -------------------------------------------------------------------------------- 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 January 30, 2004, Banc of America Mortgage Securities, Inc. (the "Registrant") amended the Pooling and Servicing Agreement, dated April 24, 2003, among the Registrant, as depositor, Bank of America, N.A., as servicer, and Wells Fargo Bank Minnesota, National Association, as trustee, relating to the Registrant's Mortgage Pass-Through Certificates, Series 2003-D. A copy of the amendment is filed as an exhibit hereto. ITEM 7. Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit No. Description (EX-4) Amendment No. 1, dated January 30, 2004, to Pooling and Servicing Agreement, dated April 24, 2003, among Banc of America Mortgage Securities, Inc., Bank of America, N.A. and Wells Fargo Bank Minnesota, 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. BANC OF AMERICA MORTGAGE SECURITIES, INC. January 30, 2004 By: /s/ Judy Lowman --------------------------------------- Name: Judy Lowman Title: Vice President INDEX TO EXHIBITS Paper (P) or Exhibit No. Description Electronic (E) ----------- ----------- -------------- (EX-4) Amendment No. 1, dated January E 30, 2004, to Pooling and Servicing Agreement, dated April 24, 2003, among Banc of America Mortgage Securities, Inc., Bank of America, N.A. and Wells Fargo Bank Minnesota, National Association, as trustee.

Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 2/29/2004 Distribution Date: 3/25/2004 BAM Series: 2003-D 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-A1 05948XBN0 SEN 3.42800% 68,852,350.65 196,688.21 3,258,294.14 1-A2 05948XBP5 SEN 3.42800% 1,874,533.70 5,354.92 88,708.40 1-AR 05948XBQ3 SEN 3.42800% 0.00 0.00 0.00 1-ALR 05948XBR1 SEN 3.42800% 0.00 0.13 0.00 2-A1 05948XBS9 SEN 4.18300% 107,260,614.64 373,892.62 6,737,695.58 2-A2 05948XBT7 SEN 3.60100% 25,200,731.78 75,623.20 1,583,012.18 2-A3 05948XBU4 SEN 3.87600% 47,251,372.09 152,621.93 2,968,147.83 2-A4 05948XBV2 SEN 4.34100% 209,998,957.95 759,671.22 13,191,319.63 2-A5 05948XBW0 SEN 4.18300% 18,900,548.83 65,884.16 1,187,259.13 2-A6 05948XBX8 SEN 4.18300% 515,354.96 1,796.44 32,372.60 3-A1 05948XBY6 SEN 4.56900% 38,102,294.24 145,074.48 1,755,040.42 AP 05948XBZ3 PO 0.00000% 1,055,505.57 0.00 2,184.16 B-1 05948XCA7 SUB 4.08820% 11,140,905.94 37,955.22 12,048.00 B-2 05948XCB5 SUB 4.08820% 4,284,506.92 14,596.60 4,633.35 B-3 05948XCC3 SUB 4.08820% 2,998,560.87 10,215.60 3,242.70 B-4 05948XCD1 SUB 4.08820% 1,714,594.73 5,841.34 1,854.20 B-5 05948XCE9 SUB 4.08820% 1,284,956.10 4,377.63 1,389.58 B-6 05948XCF6 SUB 4.08820% 1,285,929.22 4,380.95 1,390.63 W-IO 05948XCH2 SEN 0.62239% 0.00 272,197.44 0.00 SES 05948XCG4 SEN 0.00000% 0.00 103,053.78 0.00 Totals 541,721,718.19 2,229,225.87 30,828,592.53

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 65,594,056.52 3,454,982.35 0.00 1-A2 0.00 1,785,825.30 94,063.32 0.00 1-AR 0.00 0.00 0.00 0.00 1-ALR 0.00 0.00 0.13 0.00 2-A1 0.00 100,522,919.05 7,111,588.20 0.00 2-A2 0.00 23,617,719.60 1,658,635.38 0.00 2-A3 0.00 44,283,224.25 3,120,769.76 0.00 2-A4 0.00 196,807,638.32 13,950,990.85 0.00 2-A5 0.00 17,713,289.70 1,253,143.29 0.00 2-A6 0.00 482,982.37 34,169.04 0.00 3-A1 0.00 36,347,253.82 1,900,114.90 0.00 AP 0.00 1,053,321.41 2,184.16 0.00 B-1 0.00 11,128,857.94 50,003.22 0.00 B-2 0.00 4,279,873.57 19,229.95 0.00 B-3 0.00 2,995,318.17 13,458.30 0.00 B-4 0.00 1,712,740.53 7,695.54 0.00 B-5 0.00 1,283,566.52 5,767.21 0.00 B-6 0.00 1,284,538.59 5,771.58 0.00 W-IO 0.00 0.00 272,197.44 0.00 SES 0.00 0.00 103,053.78 0.00 Totals 0.00 510,893,125.66 33,057,818.40 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-A1 137,188,000.00 68,852,350.65 98,664.58 3,159,629.56 0.00 0.00 1-A2 3,735,000.00 1,874,533.70 2,686.18 86,022.22 0.00 0.00 1-AR 50.00 0.00 0.00 0.00 0.00 0.00 1-ALR 50.00 0.00 0.00 0.00 0.00 0.00 2-A1 170,250,000.00 107,260,614.64 106,724.66 6,630,970.92 0.00 0.00 2-A2 40,000,000.00 25,200,731.78 25,074.81 1,557,937.37 0.00 0.00 2-A3 75,000,000.00 47,251,372.09 47,015.27 2,921,132.56 0.00 0.00 2-A4 333,322,000.00 209,998,957.95 208,949.65 12,982,369.98 0.00 0.00 2-A5 30,000,000.00 18,900,548.83 18,806.11 1,168,453.03 0.00 0.00 2-A6 818,000.00 515,354.96 512.78 31,859.82 0.00 0.00 3-A1 51,285,000.00 38,102,294.24 46,302.60 1,708,737.82 0.00 0.00 AP 1,079,908.00 1,055,505.57 1,556.62 627.54 0.00 0.00 B-1 11,254,000.00 11,140,905.94 12,048.00 0.00 0.00 0.00 B-2 4,328,000.00 4,284,506.92 4,633.35 0.00 0.00 0.00 B-3 3,029,000.00 2,998,560.87 3,242.70 0.00 0.00 0.00 B-4 1,732,000.00 1,714,594.73 1,854.20 0.00 0.00 0.00 B-5 1,298,000.00 1,284,956.10 1,389.58 0.00 0.00 0.00 B-6 1,298,983.00 1,285,929.22 1,390.63 0.00 0.00 0.00 W-IO 0.00 0.00 0.00 0.00 0.00 0.00 SES 0.00 0.00 0.00 0.00 0.00 0.00 Totals 865,617,991.00 541,721,718.19 580,851.72 30,247,740.82 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-A1 3,258,294.14 65,594,056.52 0.47813261 3,258,294.14 1-A2 88,708.40 1,785,825.30 0.47813261 88,708.40 1-AR 0.00 0.00 0.00000000 0.00 1-ALR 0.00 0.00 0.00000000 0.00 2-A1 6,737,695.58 100,522,919.05 0.59044299 6,737,695.58 2-A2 1,583,012.18 23,617,719.60 0.59044299 1,583,012.18 2-A3 2,968,147.83 44,283,224.25 0.59044299 2,968,147.83 2-A4 13,191,319.63 196,807,638.32 0.59044299 13,191,319.63 2-A5 1,187,259.13 17,713,289.70 0.59044299 1,187,259.13 2-A6 32,372.60 482,982.37 0.59044300 32,372.60 3-A1 1,755,040.42 36,347,253.82 0.70873070 1,755,040.42 AP 2,184.16 1,053,321.41 0.97538069 2,184.16 B-1 12,048.00 11,128,857.94 0.98888022 12,048.00 B-2 4,633.35 4,279,873.57 0.98888021 4,633.35 B-3 3,242.70 2,995,318.17 0.98888021 3,242.70 B-4 1,854.20 1,712,740.53 0.98888021 1,854.20 B-5 1,389.58 1,283,566.52 0.98888022 1,389.58 B-6 1,390.63 1,284,538.59 0.98888022 1,390.63 W-IO 0.00 0.00 0.00000000 0.00 SES 0.00 0.00 0.00000000 0.00 Totals 30,828,592.53 510,893,125.66 0.59020622 30,828,592.53

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 137,188,000.00 501.88318694 0.71919249 23.03138438 0.00000000 1-A2 3,735,000.00 501.88318608 0.71919143 23.03138420 0.00000000 1-AR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A1 170,250,000.00 630.01829451 0.62687025 38.94843419 0.00000000 2-A2 40,000,000.00 630.01829450 0.62687025 38.94843425 0.00000000 2-A3 75,000,000.00 630.01829453 0.62687027 38.94843413 0.00000000 2-A4 333,322,000.00 630.01829447 0.62687026 38.94843419 0.00000000 2-A5 30,000,000.00 630.01829433 0.62687033 38.94843433 0.00000000 2-A6 818,000.00 630.01828851 0.62687042 38.94843521 0.00000000 3-A1 51,285,000.00 742.95201794 0.90284879 33.31847168 0.00000000 AP 1,079,908.00 977.40323250 1.44143760 0.58110506 0.00000000 B-1 11,254,000.00 989.95076773 1.07055269 0.00000000 0.00000000 B-2 4,328,000.00 989.95076710 1.07055222 0.00000000 0.00000000 B-3 3,029,000.00 989.95076593 1.07055134 0.00000000 0.00000000 B-4 1,732,000.00 989.95076790 1.07055427 0.00000000 0.00000000 B-5 1,298,000.00 989.95077042 1.07055470 0.00000000 0.00000000 B-6 1,298,983.00 989.95076918 1.07055289 0.00000000 0.00000000 W-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 SES 0.00 0.00000000 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-A1 0.00000000 23.75057687 478.13261014 0.47813261 23.75057687 1-A2 0.00000000 23.75057564 478.13261044 0.47813261 23.75057564 1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A1 0.00000000 39.57530443 590.44299001 0.59044299 39.57530443 2-A2 0.00000000 39.57530450 590.44299000 0.59044299 39.57530450 2-A3 0.00000000 39.57530440 590.44299000 0.59044299 39.57530440 2-A4 0.00000000 39.57530445 590.44299002 0.59044299 39.57530445 2-A5 0.00000000 39.57530433 590.44299000 0.59044299 39.57530433 2-A6 0.00000000 39.57530562 590.44299511 0.59044300 39.57530562 3-A1 0.00000000 34.22132046 708.73069747 0.70873070 34.22132046 AP 0.00000000 2.02254266 975.38068984 0.97538069 2.02254266 B-1 0.00000000 1.07055269 988.88021503 0.98888022 1.07055269 B-2 0.00000000 1.07055222 988.88021488 0.98888021 1.07055222 B-3 0.00000000 1.07055134 988.88021459 0.98888021 1.07055134 B-4 0.00000000 1.07055427 988.88021363 0.98888021 1.07055427 B-5 0.00000000 1.07055470 988.88021572 0.98888022 1.07055470 B-6 0.00000000 1.07055289 988.88021629 0.98888022 1.07055289 W-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 SES 0.00000000 0.00000000 0.00000000 0.00000000 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-A1 137,188,000.00 3.42800% 68,852,350.65 196,688.22 0.00 0.00 1-A2 3,735,000.00 3.42800% 1,874,533.70 5,354.92 0.00 0.00 1-AR 50.00 3.42800% 0.00 0.00 0.00 0.00 1-ALR 50.00 3.42800% 0.00 0.00 0.00 0.00 2-A1 170,250,000.00 4.18300% 107,260,614.64 373,892.63 0.00 0.00 2-A2 40,000,000.00 3.60100% 25,200,731.78 75,623.20 0.00 0.00 2-A3 75,000,000.00 3.87600% 47,251,372.09 152,621.93 0.00 0.00 2-A4 333,322,000.00 4.34100% 209,998,957.95 759,671.23 0.00 0.00 2-A5 30,000,000.00 4.18300% 18,900,548.83 65,884.16 0.00 0.00 2-A6 818,000.00 4.18300% 515,354.96 1,796.44 0.00 0.00 3-A1 51,285,000.00 4.56900% 38,102,294.24 145,074.49 0.00 0.00 AP 1,079,908.00 0.00000% 1,055,505.57 0.00 0.00 0.00 B-1 11,254,000.00 4.08820% 11,140,905.94 37,955.22 0.00 0.00 B-2 4,328,000.00 4.08820% 4,284,506.92 14,596.60 0.00 0.00 B-3 3,029,000.00 4.08820% 2,998,560.87 10,215.60 0.00 0.00 B-4 1,732,000.00 4.08820% 1,714,594.73 5,841.34 0.00 0.00 B-5 1,298,000.00 4.08820% 1,284,956.10 4,377.63 0.00 0.00 B-6 1,298,983.00 4.08820% 1,285,929.22 4,380.95 0.00 0.00 W-IO 0.00 0.62239% 524,810,758.22 272,197.44 0.00 0.00 SES 0.00 0.00000% 541,721,719.80 0.00 0.00 0.00 Totals 865,617,991.00 2,126,172.00 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-A1 0.00 0.00 196,688.21 0.00 65,594,056.52 1-A2 0.00 0.00 5,354.92 0.00 1,785,825.30 1-AR 0.00 0.00 0.00 0.00 0.00 1-ALR 0.00 0.00 0.13 0.00 0.00 2-A1 0.00 0.00 373,892.62 0.00 100,522,919.05 2-A2 0.00 0.00 75,623.20 0.00 23,617,719.60 2-A3 0.00 0.00 152,621.93 0.00 44,283,224.25 2-A4 0.01 0.00 759,671.22 0.00 196,807,638.32 2-A5 0.00 0.00 65,884.16 0.00 17,713,289.70 2-A6 0.00 0.00 1,796.44 0.00 482,982.37 3-A1 0.00 0.00 145,074.48 0.00 36,347,253.82 AP 0.00 0.00 0.00 0.00 1,053,321.41 B-1 0.00 0.00 37,955.22 0.00 11,128,857.94 B-2 0.00 0.00 14,596.60 0.00 4,279,873.57 B-3 0.00 0.00 10,215.60 0.00 2,995,318.17 B-4 0.00 0.00 5,841.34 0.00 1,712,740.53 B-5 0.00 0.00 4,377.63 0.00 1,283,566.52 B-6 0.00 0.00 4,380.95 0.00 1,284,538.59 W-IO 0.00 0.00 272,197.44 0.00 494,019,440.73 SES 0.00 0.00 103,053.78 0.00 510,893,127.26 Totals 0.01 0.00 2,229,225.87 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-A1 137,188,000.00 3.42800% 501.88318694 1.43371301 0.00000000 0.00000000 1-A2 3,735,000.00 3.42800% 501.88318608 1.43371352 0.00000000 0.00000000 1-AR 50.00 3.42800% 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 50.00 3.42800% 0.00000000 0.00000000 0.00000000 0.00000000 2-A1 170,250,000.00 4.18300% 630.01829451 2.19613880 0.00000000 0.00000000 2-A2 40,000,000.00 3.60100% 630.01829450 1.89058000 0.00000000 0.00000000 2-A3 75,000,000.00 3.87600% 630.01829453 2.03495907 0.00000000 0.00000000 2-A4 333,322,000.00 4.34100% 630.01829447 2.27909118 0.00000000 0.00000000 2-A5 30,000,000.00 4.18300% 630.01829433 2.19613867 0.00000000 0.00000000 2-A6 818,000.00 4.18300% 630.01828851 2.19613692 0.00000000 0.00000000 3-A1 51,285,000.00 4.56900% 742.95201794 2.82878990 0.00000000 0.00000000 AP 1,079,908.00 0.00000% 977.40323250 0.00000000 0.00000000 0.00000000 B-1 11,254,000.00 4.08820% 989.95076773 3.37259819 0.00000000 0.00000000 B-2 4,328,000.00 4.08820% 989.95076710 3.37259704 0.00000000 0.00000000 B-3 3,029,000.00 4.08820% 989.95076593 3.37259822 0.00000000 0.00000000 B-4 1,732,000.00 4.08820% 989.95076790 3.37259815 0.00000000 0.00000000 B-5 1,298,000.00 4.08820% 989.95077042 3.37259630 0.00000000 0.00000000 B-6 1,298,983.00 4.08820% 989.95076918 3.37259995 0.00000000 0.00000000 W-IO 0.00 0.62239% 618.85596488 0.32097476 0.00000000 0.00000000 SES 0.00 0.00000% 625.82077132 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-A1 0.00000000 0.00000000 1.43371293 0.00000000 478.13261014 1-A2 0.00000000 0.00000000 1.43371352 0.00000000 478.13261044 1-AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-ALR 0.00000000 0.00000000 2.60000000 0.00000000 0.00000000 2-A1 0.00000000 0.00000000 2.19613874 0.00000000 590.44299001 2-A2 0.00000000 0.00000000 1.89058000 0.00000000 590.44299000 2-A3 0.00000000 0.00000000 2.03495907 0.00000000 590.44299000 2-A4 0.00000003 0.00000000 2.27909115 0.00000000 590.44299002 2-A5 0.00000000 0.00000000 2.19613867 0.00000000 590.44299000 2-A6 0.00000000 0.00000000 2.19613692 0.00000000 590.44299511 3-A1 0.00000000 0.00000000 2.82878970 0.00000000 708.73069747 AP 0.00000000 0.00000000 0.00000000 0.00000000 975.38068984 B-1 0.00000000 0.00000000 3.37259819 0.00000000 988.88021503 B-2 0.00000000 0.00000000 3.37259704 0.00000000 988.88021488 B-3 0.00000000 0.00000000 3.37259822 0.00000000 988.88021459 B-4 0.00000000 0.00000000 3.37259815 0.00000000 988.88021363 B-5 0.00000000 0.00000000 3.37259630 0.00000000 988.88021572 B-6 0.00000000 0.00000000 3.37259995 0.00000000 988.88021629 W-IO 0.00000000 0.00000000 0.32097476 0.00000000 582.54689500 SES 0.00000000 0.00000000 0.11905226 0.00000000 590.20622449 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage AP (2) 0.00000% 0.00 0.00 1,003,195.34 1,001,082.65 97.48608430% AP (3) 0.00000% 0.00 0.00 52,310.23 52,238.76 98.54510470% W-IO (1) 0.74084% 74,512,582.40 71,160,155.00 0.00 0.00 49.15751688% W-IO (2) 0.59648% 412,649,522.78 386,964,882.92 0.00 0.00 59.30939679% W-IO (3) 0.67196% 37,648,653.04 35,894,402.81 0.00 0.00 70.62616615% SES (1) 0.00000% 74,512,582.40 71,160,155.00 0.00 0.00 49.15751663% SES (2) 0.00000% 427,672,246.99 401,952,873.51 0.00 0.00 60.16156889% SES (3) 0.00000% 39,536,890.41 37,780,098.75 0.00 0.00 71.63977148%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 33,058,104.40 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 23,640.08 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 33,081,744.48 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 23,926.08 Payment of Interest and Principal 33,057,818.40 Total Withdrawals (Pool Distribution Amount) 33,081,744.48 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00

SERVICING FEES Gross Servicing Fee 22,571.76 Trustee Fee - Wells Fargo Bank, N.A. 1,354.32 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 23,926.08

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 7 0 0 0 7 3,267,404.26 0.00 0.00 0.00 3,267,404.26 60 Days 2 0 0 0 2 1,508,852.38 0.00 0.00 0.00 1,508,852.38 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 9 0 0 0 9 4,776,256.64 0.00 0.00 0.00 4,776,256.64 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 0.676983% 0.000000% 0.000000% 0.000000% 0.676983% 0.638948% 0.000000% 0.000000% 0.000000% 0.638948% 60 Days 0.193424% 0.000000% 0.000000% 0.000000% 0.193424% 0.295059% 0.000000% 0.000000% 0.000000% 0.295059% 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 0.870406% 0.000000% 0.000000% 0.000000% 0.870406% 0.934007% 0.000000% 0.000000% 0.000000% 0.934007%

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 1 0 0 0 1 330,397.90 0.00 0.00 0.00 330,397.90 60 Days 1 0 0 0 1 984,435.74 0.00 0.00 0.00 984,435.74 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 0 0 0 2 1,314,833.64 0.00 0.00 0.00 1,314,833.64 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.666667% 0.000000% 0.000000% 0.000000% 0.666667% 0.463692% 0.000000% 0.000000% 0.000000% 0.463692% 60 Days 0.666667% 0.000000% 0.000000% 0.000000% 0.666667% 1.381592% 0.000000% 0.000000% 0.000000% 1.381592% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.333333% 0.000000% 0.000000% 0.000000% 1.333333% 1.845284% 0.000000% 0.000000% 0.000000% 1.845284% 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 6 0 0 0 6 2,937,006.36 0.00 0.00 0.00 2,937,006.36 60 Days 1 0 0 0 1 524,416.64 0.00 0.00 0.00 524,416.64 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 7 0 0 0 7 3,461,423.00 0.00 0.00 0.00 3,461,423.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.741656% 0.000000% 0.000000% 0.000000% 0.741656% 0.730058% 0.000000% 0.000000% 0.000000% 0.730058% 60 Days 0.123609% 0.000000% 0.000000% 0.000000% 0.123609% 0.130355% 0.000000% 0.000000% 0.000000% 0.130355% 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 0.865266% 0.000000% 0.000000% 0.000000% 0.865266% 0.860414% 0.000000% 0.000000% 0.000000% 0.860414% 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%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 23,640.08

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.980004% Weighted Average Pass-Through Rate 4.709810% Weighted Average Maturity(Stepdown Calculation ) 347 Beginning Scheduled Collateral Loan Count 1,091 Number Of Loans Paid In Full 57 Ending Scheduled Collateral Loan Count 1,034 Beginning Scheduled Collateral Balance 541,721,719.80 Ending Scheduled Collateral Balance 510,893,127.26 Ending Actual Collateral Balance at 29-Feb-2004 511,372,832.68 Monthly P &I Constant 2,828,998.56 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Non-PO Optimal Amount 32,848,470.43 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 510,893,127.26 Scheduled Principal 580,851.72 Unscheduled Principal 30,247,740.82

Miscellaneous Reporting Total Senior Percentage 95.799728% Aggregate Subordinate Percentage 4.200272%

Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.546837 5.011485 5.455826 Weighted Average Net Rate 4.296837 4.761485 5.205825 Weighted Average Maturity 346 347 347 Beginning Loan Count 156 857 78 Loans Paid In Full 6 48 3 Ending Loan Count 150 809 75 Beginning Scheduled Balance 74,512,582.40 427,672,246.99 39,536,890.41 Ending scheduled Balance 71,160,155.00 401,952,873.51 37,780,098.75 Record Date 02/29/2004 02/29/2004 02/29/2004 Principal And Interest Constant 389,106.10 2,212,083.29 227,809.17 Scheduled Principal 106,775.62 426,022.26 48,053.84 Unscheduled Principal 3,245,651.78 25,293,351.22 1,708,737.82 Scheduled Interest 282,330.48 1,786,061.03 179,755.33 Servicing Fees 15,523.45 89,098.42 8,236.87 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 186.27 1,069.21 98.84 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 7,761.73 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 258,859.03 1,695,893.40 171,419.62 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.168837 4.758485 5.202826

Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 4.980004 Weighted Average Net Rate 4.730004 Weighted Average Maturity 347 Beginning Loan Count 1,091 Loans Paid In Full 57 Ending Loan Count 1,034 Beginning Scheduled Balance 541,721,719.80 Ending scheduled Balance 510,893,127.26 Record Date 02/29/2004 Principal And Interest Constant 2,828,998.56 Scheduled Principal 580,851.72 Unscheduled Principal 30,247,740.82 Scheduled Interest 2,248,146.84 Servicing Fees 112,858.74 Master Servicing Fees 0.00 Trustee Fee 1,354.32 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 7,761.73 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 2,126,172.05 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 4.709810

Miscellaneous Reporting Group 1 CPR 41.445448% Group 1 Subordinate Percentage 5.080616% Group 1 Subordinate Prepayment % 0.000000% Group 1 Senior Prepayment Percentage 100.000000% Group 1 Senior Percentage 94.919384% Group 2 CPR 51.920179% Group 2 Subordinate Percentage 4.111259% Group 2 Subordinate Prepayment % 0.000000% Group 2 Senior Prepayment Percentage 100.000000% Group 2 Senior Percentage 95.888741% Group 3 CPR 41.188128% Group 3 Subordinate Percentage 3.500821% Group 3 Subordinate Prepayment % 0.000000% Group 3 Senior Prepayment Percentage 100.000000% Group 3 Senior Percentage 96.499179%

Filing Compare · BANK OF AMERICA MORT SEC INC MORT PASS THR CERT SER 2003-D