8-K 1 ba785506-8k.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: April 29, 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) 387-8239 ------------------------------------------------------------------------------ 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 April 29, 2004, Banc of America Mortgage Securities, Inc., a Delaware corporation (the "Registrant"), sold Mortgage Pass-Through Certificates, Series 2004-D, Class 1-A-1, Class 1-A-2, Class 1-A-R, Class 1-A-MR, Class 1-A-LR, Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class 2-A-5, Class 2-A-6, Class 2-A-7, Class 2-A-8, Class 2-A-IO, Class 3-A-1, Class B-1, Class B-2 and Class B-3 (the "Offered Certificates"), having an aggregate original principal balance of $1,103,169,100. The Offered Certificates were issued pursuant to a Pooling and Servicing Agreement, dated April 29, 2004, among the Registrant, Bank of America, N.A., as servicer ("BANA") and Wells Fargo Bank, National Association, as trustee (the "Agreement"), a copy of which is filed as an exhibit hereto. Mortgage Pass-Through Certificates, Series 2004-D, Class SES, Class 1-IO, Class 2-IO, Class 3-IO, Class B-4, Class B-5 and Class B-6 Certificates, having an aggregate initial principal balance of $6,659,951 (the "Private 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 99.40% undivided interest in a trust (the "Trust"), consisting principally of three pools of adjustable interest rate, monthly pay, fully-amortizing, one- to four-family residential first mortgage loans. The remaining undivided interests in the Trust are evidenced by the Private 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 (as defined in the Agreement) is sufficient therefor. Elections will be made to treat the Trust as three separate REMICs for federal income tax purposes (the "Upper-Tier REMIC," the "Middle-Tier REMIC" and the "Lower-Tier REMIC" and each a "REMIC"). The Class 1-A-1, Class 1-A-2, Class 1-IO, Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class 2-A-5, Class 2-A-6, Class 2-A-7, Class 2-A-8, Class 2-A-IO, Class 2-IO, Class 3-A-1, Class 3-IO, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates and each component of the Class SES Certificates will be treated as "regular interests" in the REMIC and the Class 1-A-R, Class 1-A-MR and Class 1-A-LR Certificates will be treated as the "residual interest" in the Upper-Tier REMIC, Middle-Tier REMIC and the Lower-Tier REMIC, respectively. 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 April 29, 2004, among Banc of America Mortgage Securities, Inc., Bank of America, N.A. and Wells Fargo 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. BANC OF AMERICA MORTGAGE SECURITIES, INC. April 29, 2004 By: /s/ Judy Lowman --------------------------------------- Name: Judy Lowman Title: Vice President INDEX TO EXHIBITS Paper (P) or Exhibit No. Description Electronic (E) ----------- ----------- -------------- (EX-4) Pooling and Servicing E Agreement, dated April 29, 2004, among Banc of America Mortgage Securities, Inc., Bank of America, N.A. and Wells Fargo Bank, National Association, as trustee.

Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 4/30/04 Distribution Date: 5/25/04 BAM Series: 2004-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-A-1 05949ADA5 SEN 3.61882% 195,098,000.00 588,353.82 4,768,809.95 1-A-2 05949ADB3 SEN 3.61882% 5,414,000.00 16,326.91 132,335.22 1-AR 05949ADC1 SEN 3.61882% 50.00 0.15 50.00 1-A-MR 05949ADD9 SEN 3.61882% 25.00 0.08 25.00 1-A-LR 05949ADE7 SEN 3.61882% 25.00 0.12 25.00 2-A-1 05949ADF4 SEN 3.64862% 225,000,000.00 684,115.55 4,673,616.44 2-A-2 05949ADG2 SEN 4.22962% 449,301,000.00 1,583,642.34 9,332,713.50 2-A-3 05949ADH0 SEN 1.62000% 45,267,000.00 61,110.45 3,635,035.01 2-A-4 05949ADJ6 SEN 2.54300% 17,692,000.00 37,492.30 0.00 2-A-5 05949ADK3 SEN 3.18900% 31,535,000.00 83,804.26 0.00 2-A-6 05949ADL1 SEN 3.67800% 19,407,000.00 59,482.45 0.00 2-A-7 05949ADM9 SEN 4.16200% 20,572,000.00 71,350.55 0.00 2-A-8 05949ADN7 SEN 4.13400% 40,527,000.00 139,615.51 0.00 2-A-IO 05949ADP2 SEN 1.11432% 0.00 162,505.17 0.00 3-A-1 05949ADQ0 SEN 4.50355% 30,050,000.00 112,776.46 41,261.99 B-1 05949ADR8 SUB 4.00114% 9,989,000.00 33,306.17 7,431.39 B-2 05949ADS6 SUB 4.00114% 8,878,000.00 29,601.78 6,604.85 B-3 05949ADT4 SUB 4.00114% 4,439,000.00 14,800.89 3,302.43 B-4 05949ADY3 SUB 4.00114% 3,330,000.00 11,103.17 2,477.38 B-5 05949ADZ0 SUB 4.00114% 2,220,000.00 7,402.11 1,651.59 B-6 05949AEA4 SUB 4.00114% 1,109,951.80 3,700.90 825.76 1-IO 05949ADV9 SEN 0.10600% 0.00 18,203.43 0.00 2-IO 05949ADW7 SEN 0.20598% 0.00 149,828.77 0.00 3-IO 05949ADX5 SEN 0.39600% 0.00 10,191.69 0.00 SES 05949ADU1 SEN 0.00000% 0.00 207,829.23 0.00 Totals 1,109,829,051.80 4,086,544.26 22,606,165.51

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 190,329,190.05 5,357,163.77 0.00 1-A-2 0.00 5,281,664.78 148,662.13 0.00 1-AR 0.00 0.00 50.15 0.00 1-A-MR 0.00 0.00 25.08 0.00 1-A-LR 0.00 0.00 25.12 0.00 2-A-1 0.00 220,326,383.56 5,357,731.99 0.00 2-A-2 0.00 439,968,286.50 10,916,355.84 0.00 2-A-3 0.00 41,631,964.99 3,696,145.46 0.00 2-A-4 0.00 17,692,000.00 37,492.30 0.00 2-A-5 0.00 31,535,000.00 83,804.26 0.00 2-A-6 0.00 19,407,000.00 59,482.45 0.00 2-A-7 0.00 20,572,000.00 71,350.55 0.00 2-A-8 0.00 40,527,000.00 139,615.51 0.00 2-A-IO 0.00 0.00 162,505.17 0.00 3-A-1 0.00 30,008,738.01 154,038.45 0.00 B-1 0.00 9,981,568.61 40,737.56 0.00 B-2 0.00 8,871,395.15 36,206.63 0.00 B-3 0.00 4,435,697.57 18,103.32 0.00 B-4 0.00 3,327,522.62 13,580.55 0.00 B-5 0.00 2,218,348.41 9,053.70 0.00 B-6 0.00 1,109,126.04 4,526.66 0.00 1-IO 0.00 0.00 18,203.43 0.00 2-IO 0.00 0.00 149,828.77 0.00 3-IO 0.00 0.00 10,191.69 0.00 SES 0.00 0.00 207,829.23 0.00 Totals 0.00 1,087,222,886.29 26,692,709.77 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-1 195,098,000.00 195,098,000.00 278,243.33 4,490,566.62 0.00 0.00 1-A-2 5,414,000.00 5,414,000.00 7,721.30 124,613.93 0.00 0.00 1-AR 50.00 50.00 2.92 47.08 0.00 0.00 1-A-MR 25.00 25.00 1.46 23.54 0.00 0.00 1-A-LR 25.00 25.00 1.46 23.54 0.00 0.00 2-A-1 225,000,000.00 225,000,000.00 127,712.60 4,545,903.83 0.00 0.00 2-A-2 449,301,000.00 449,301,000.00 255,028.45 9,077,685.06 0.00 0.00 2-A-3 45,267,000.00 45,267,000.00 99,332.02 3,535,702.98 0.00 0.00 2-A-4 17,692,000.00 17,692,000.00 0.00 0.00 0.00 0.00 2-A-5 31,535,000.00 31,535,000.00 0.00 0.00 0.00 0.00 2-A-6 19,407,000.00 19,407,000.00 0.00 0.00 0.00 0.00 2-A-7 20,572,000.00 20,572,000.00 0.00 0.00 0.00 0.00 2-A-8 40,527,000.00 40,527,000.00 0.00 0.00 0.00 0.00 2-A-IO 0.00 0.00 0.00 0.00 0.00 0.00 3-A-1 30,050,000.00 30,050,000.00 35,319.46 5,942.53 0.00 0.00 B-1 9,989,000.00 9,989,000.00 7,431.39 0.00 0.00 0.00 B-2 8,878,000.00 8,878,000.00 6,604.85 0.00 0.00 0.00 B-3 4,439,000.00 4,439,000.00 3,302.43 0.00 0.00 0.00 B-4 3,330,000.00 3,330,000.00 2,477.38 0.00 0.00 0.00 B-5 2,220,000.00 2,220,000.00 1,651.59 0.00 0.00 0.00 B-6 1,109,951.80 1,109,951.80 825.76 0.00 0.00 0.00 1-IO 0.00 0.00 0.00 0.00 0.00 0.00 2-IO 0.00 0.00 0.00 0.00 0.00 0.00 3-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 1,109,829,051.80 1,109,829,051.80 825,656.40 21,780,509.11 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-1 4,768,809.95 190,329,190.05 0.97555685 4,768,809.95 1-A-2 132,335.22 5,281,664.78 0.97555685 132,335.22 1-AR 50.00 0.00 0.00000000 50.00 1-A-MR 25.00 0.00 0.00000000 25.00 1-A-LR 25.00 0.00 0.00000000 25.00 2-A-1 4,673,616.44 220,326,383.56 0.97922837 4,673,616.44 2-A-2 9,332,713.50 439,968,286.50 0.97922837 9,332,713.50 2-A-3 3,635,035.01 41,631,964.99 0.91969790 3,635,035.01 2-A-4 0.00 17,692,000.00 1.00000000 0.00 2-A-5 0.00 31,535,000.00 1.00000000 0.00 2-A-6 0.00 19,407,000.00 1.00000000 0.00 2-A-7 0.00 20,572,000.00 1.00000000 0.00 2-A-8 0.00 40,527,000.00 1.00000000 0.00 2-A-IO 0.00 0.00 0.00000000 0.00 3-A-1 41,261.99 30,008,738.01 0.99862689 41,261.99 B-1 7,431.39 9,981,568.61 0.99925604 7,431.39 B-2 6,604.85 8,871,395.15 0.99925604 6,604.85 B-3 3,302.43 4,435,697.57 0.99925604 3,302.43 B-4 2,477.38 3,327,522.62 0.99925604 2,477.38 B-5 1,651.59 2,218,348.41 0.99925604 1,651.59 B-6 825.76 1,109,126.04 0.99925604 825.76 1-IO 0.00 0.00 0.00000000 0.00 2-IO 0.00 0.00 0.00000000 0.00 3-IO 0.00 0.00 0.00000000 0.00 SES 0.00 0.00 0.00000000 0.00 Totals 22,606,165.51 1,087,222,886.29 0.97963095 22,606,165.51

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 195,098,000.00 1000.00000000 1.42617213 23.01697926 0.00000000 1-A-2 5,414,000.00 1000.00000000 1.42617289 23.01698005 0.00000000 1-AR 50.00 1000.00000000 58.40000000 941.60000000 0.00000000 1-A-MR 25.00 1000.00000000 58.40000000 941.60000000 0.00000000 1-A-LR 25.00 1000.00000000 58.40000000 941.60000000 0.00000000 2-A-1 225,000,000.00 1000.00000000 0.56761156 20.20401702 0.00000000 2-A-2 449,301,000.00 1000.00000000 0.56761158 20.20401704 0.00000000 2-A-3 45,267,000.00 1000.00000000 2.19435836 78.10773809 0.00000000 2-A-4 17,692,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-5 31,535,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-6 19,407,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-7 20,572,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-8 40,527,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 30,050,000.00 1000.00000000 1.17535641 0.19775474 0.00000000 B-1 9,989,000.00 1000.00000000 0.74395735 0.00000000 0.00000000 B-2 8,878,000.00 1000.00000000 0.74395697 0.00000000 0.00000000 B-3 4,439,000.00 1000.00000000 0.74395810 0.00000000 0.00000000 B-4 3,330,000.00 1000.00000000 0.74395796 0.00000000 0.00000000 B-5 2,220,000.00 1000.00000000 0.74395946 0.00000000 0.00000000 B-6 1,109,951.80 1000.00000000 0.74396023 0.00000000 0.00000000 1-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-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-A-1 0.00000000 24.44315139 975.55684861 0.97555685 24.44315139 1-A-2 0.00000000 24.44315109 975.55684891 0.97555685 24.44315109 1-AR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 1-A-MR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 1-A-LR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 2-A-1 0.00000000 20.77162862 979.22837138 0.97922837 20.77162862 2-A-2 0.00000000 20.77162860 979.22837140 0.97922837 20.77162860 2-A-3 0.00000000 80.30209667 919.69790333 0.91969790 80.30209667 2-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 0.00000000 1.37311115 998.62688885 0.99862689 1.37311115 B-1 0.00000000 0.74395735 999.25604265 0.99925604 0.74395735 B-2 0.00000000 0.74395697 999.25604303 0.99925604 0.74395697 B-3 0.00000000 0.74395810 999.25604190 0.99925604 0.74395810 B-4 0.00000000 0.74395796 999.25604204 0.99925604 0.74395796 B-5 0.00000000 0.74395946 999.25604054 0.99925604 0.74395946 B-6 0.00000000 0.74396023 999.25603977 0.99925604 0.74396023 1-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-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-A-1 195,098,000.00 3.61882% 195,098,000.00 588,353.82 0.00 0.00 1-A-2 5,414,000.00 3.61882% 5,414,000.00 16,326.91 0.00 0.00 1-AR 50.00 3.61882% 50.00 0.15 0.00 0.00 1-A-MR 25.00 3.61882% 25.00 0.08 0.00 0.00 1-A-LR 25.00 3.61882% 25.00 0.08 0.00 0.00 2-A-1 225,000,000.00 3.64862% 225,000,000.00 684,115.55 0.00 0.00 2-A-2 449,301,000.00 4.22962% 449,301,000.00 1,583,642.34 0.00 0.00 2-A-3 45,267,000.00 1.62000% 45,267,000.00 61,110.45 0.00 0.00 2-A-4 17,692,000.00 2.54300% 17,692,000.00 37,492.30 0.00 0.00 2-A-5 31,535,000.00 3.18900% 31,535,000.00 83,804.26 0.00 0.00 2-A-6 19,407,000.00 3.67800% 19,407,000.00 59,482.46 0.00 0.00 2-A-7 20,572,000.00 4.16200% 20,572,000.00 71,350.55 0.00 0.00 2-A-8 40,527,000.00 4.13400% 40,527,000.00 139,615.52 0.00 0.00 2-A-IO 0.00 1.11432% 175,000,000.00 162,505.17 0.00 0.00 3-A-1 30,050,000.00 4.50355% 30,050,000.00 112,776.46 0.00 0.00 B-1 9,989,000.00 4.00114% 9,989,000.00 33,306.17 0.00 0.00 B-2 8,878,000.00 4.00114% 8,878,000.00 29,601.78 0.00 0.00 B-3 4,439,000.00 4.00114% 4,439,000.00 14,800.89 0.00 0.00 B-4 3,330,000.00 4.00114% 3,330,000.00 11,103.17 0.00 0.00 B-5 2,220,000.00 4.00114% 2,220,000.00 7,402.11 0.00 0.00 B-6 1,109,951.80 4.00114% 1,109,951.80 3,700.90 0.00 0.00 1-IO 0.00 0.10600% 206,076,541.83 18,203.43 0.00 0.00 2-IO 0.00 0.20598% 872,868,608.70 149,828.77 0.00 0.00 3-IO 0.00 0.39600% 30,883,901.27 10,191.69 0.00 0.00 SES 0.00 0.00000% 1,109,829,051.80 0.00 0.00 0.00 Totals 1,109,829,051.80 3,878,715.01 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 1-A-1 0.00 0.00 588,353.82 0.00 190,329,190.05 1-A-2 0.00 0.00 16,326.91 0.00 5,281,664.78 1-AR 0.00 0.00 0.15 0.00 0.00 1-A-MR 0.00 0.00 0.08 0.00 0.00 1-A-LR 0.00 0.00 0.12 0.00 0.00 2-A-1 0.00 0.00 684,115.55 0.00 220,326,383.56 2-A-2 0.00 0.00 1,583,642.34 0.00 439,968,286.50 2-A-3 0.00 0.00 61,110.45 0.00 41,631,964.99 2-A-4 0.00 0.00 37,492.30 0.00 17,692,000.00 2-A-5 0.00 0.00 83,804.26 0.00 31,535,000.00 2-A-6 0.00 0.00 59,482.45 0.00 19,407,000.00 2-A-7 0.00 0.00 71,350.55 0.00 20,572,000.00 2-A-8 0.00 0.00 139,615.51 0.00 40,527,000.00 2-A-IO 0.00 0.00 162,505.17 0.00 171,364,964.99 3-A-1 0.00 0.00 112,776.46 0.00 30,008,738.01 B-1 0.00 0.00 33,306.17 0.00 9,981,568.61 B-2 0.00 0.00 29,601.78 0.00 8,871,395.15 B-3 0.00 0.00 14,800.89 0.00 4,435,697.57 B-4 0.00 0.00 11,103.17 0.00 3,327,522.62 B-5 0.00 0.00 7,402.11 0.00 2,218,348.41 B-6 0.00 0.00 3,700.90 0.00 1,109,126.04 1-IO 0.00 0.00 18,203.43 0.00 201,167,360.65 2-IO 0.00 0.00 149,828.77 0.00 855,213,866.51 3-IO 0.00 0.00 10,191.69 0.00 30,841,659.15 SES 0.00 0.00 207,829.23 0.00 1,087,222,886.31 Totals 0.00 0.00 4,086,544.26 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-1 195,098,000.00 3.61882% 1000.00000000 3.01568350 0.00000000 0.00000000 1-A-2 5,414,000.00 3.61882% 1000.00000000 3.01568341 0.00000000 0.00000000 1-AR 50.00 3.61882% 1000.00000000 3.00000000 0.00000000 0.00000000 1-A-MR 25.00 3.61882% 1000.00000000 3.20000000 0.00000000 0.00000000 1-A-LR 25.00 3.61882% 1000.00000000 3.20000000 0.00000000 0.00000000 2-A-1 225,000,000.00 3.64862% 1000.00000000 3.04051356 0.00000000 0.00000000 2-A-2 449,301,000.00 4.22962% 1000.00000000 3.52468020 0.00000000 0.00000000 2-A-3 45,267,000.00 1.62000% 1000.00000000 1.35000000 0.00000000 0.00000000 2-A-4 17,692,000.00 2.54300% 1000.00000000 2.11916686 0.00000000 0.00000000 2-A-5 31,535,000.00 3.18900% 1000.00000000 2.65749992 0.00000000 0.00000000 2-A-6 19,407,000.00 3.67800% 1000.00000000 3.06500026 0.00000000 0.00000000 2-A-7 20,572,000.00 4.16200% 1000.00000000 3.46833317 0.00000000 0.00000000 2-A-8 40,527,000.00 4.13400% 1000.00000000 3.44500012 0.00000000 0.00000000 2-A-IO 0.00 1.11432% 1000.00000000 0.92860097 0.00000000 0.00000000 3-A-1 30,050,000.00 4.50355% 1000.00000000 3.75296040 0.00000000 0.00000000 B-1 9,989,000.00 4.00114% 1000.00000000 3.33428471 0.00000000 0.00000000 B-2 8,878,000.00 4.00114% 1000.00000000 3.33428475 0.00000000 0.00000000 B-3 4,439,000.00 4.00114% 1000.00000000 3.33428475 0.00000000 0.00000000 B-4 3,330,000.00 4.00114% 1000.00000000 3.33428529 0.00000000 0.00000000 B-5 2,220,000.00 4.00114% 1000.00000000 3.33428378 0.00000000 0.00000000 B-6 1,109,951.80 4.00114% 1000.00000000 3.33428893 0.00000000 0.00000000 1-IO 0.00 0.10600% 1000.00000000 0.08833334 0.00000000 0.00000000 2-IO 0.00 0.20598% 1000.00000000 0.17165100 0.00000000 0.00000000 3-IO 0.00 0.39600% 1000.00000000 0.33000008 0.00000000 0.00000000 SES 0.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomonation.

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-1 0.00000000 0.00000000 3.01568350 0.00000000 975.55684861 1-A-2 0.00000000 0.00000000 3.01568341 0.00000000 975.55684891 1-AR 0.00000000 0.00000000 3.00000000 0.00000000 0.00000000 1-A-MR 0.00000000 0.00000000 3.20000000 0.00000000 0.00000000 1-A-LR 0.00000000 0.00000000 4.80000000 0.00000000 0.00000000 2-A-1 0.00000000 0.00000000 3.04051356 0.00000000 979.22837138 2-A-2 0.00000000 0.00000000 3.52468020 0.00000000 979.22837140 2-A-3 0.00000000 0.00000000 1.35000000 0.00000000 919.69790333 2-A-4 0.00000000 0.00000000 2.11916686 0.00000000 1000.00000000 2-A-5 0.00000000 0.00000000 2.65749992 0.00000000 1000.00000000 2-A-6 0.00000000 0.00000000 3.06499974 0.00000000 1000.00000000 2-A-7 0.00000000 0.00000000 3.46833317 0.00000000 1000.00000000 2-A-8 0.00000000 0.00000000 3.44499988 0.00000000 1000.00000000 2-A-IO 0.00000000 0.00000000 0.92860097 0.00000000 979.22837137 3-A-1 0.00000000 0.00000000 3.75296040 0.00000000 998.62688885 B-1 0.00000000 0.00000000 3.33428471 0.00000000 999.25604265 B-2 0.00000000 0.00000000 3.33428475 0.00000000 999.25604303 B-3 0.00000000 0.00000000 3.33428475 0.00000000 999.25604190 B-4 0.00000000 0.00000000 3.33428529 0.00000000 999.25604204 B-5 0.00000000 0.00000000 3.33428378 0.00000000 999.25604054 B-6 0.00000000 0.00000000 3.33428893 0.00000000 999.25603977 1-IO 0.00000000 0.00000000 0.08833334 0.00000000 976.17787480 2-IO 0.00000000 0.00000000 0.17165100 0.00000000 979.77388348 3-IO 0.00000000 0.00000000 0.33000008 0.00000000 998.63222850 SES 0.00000000 0.00000000 0.18726238 0.00000000 979.63094816 (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 1-SES 0.00000% 206,076,541.83 201,167,360.65 0.00 0.00 97.61778748% 2-SES 0.00000% 872,868,608.70 855,213,866.51 0.00 0.00 97.97738835% 3-SES 0.00000% 30,883,901.27 30,841,659.15 0.00 0.00 99.86322285%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 26,733,757.70 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 7,044.66 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 26,740,802.36 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 48,092.59 Payment of Interest and Principal 26,692,709.77 Total Withdrawals (Pool Distribution Amount) 26,740,802.36 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 46,242.87 Trustee Fee - Wells Fargo Bank, N.A. 1,849.72 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 48,092.59

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 3 0 0 0 3 1,415,938.69 0.00 0.00 0.00 1,415,938.69 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 3 0 0 0 3 1,415,938.69 0.00 0.00 0.00 1,415,938.69 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 0.149775% 0.000000% 0.000000% 0.000000% 0.149775% 0.130234% 0.000000% 0.000000% 0.000000% 0.130234% 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 0.149775% 0.000000% 0.000000% 0.000000% 0.149775% 0.130234% 0.000000% 0.000000% 0.000000% 0.130234%

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 3 0 0 0 3 1,415,938.69 0.00 0.00 0.00 1,415,938.69 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 3 0 0 0 3 1,415,938.69 0.00 0.00 0.00 1,415,938.69 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.192184% 0.000000% 0.000000% 0.000000% 0.192184% 0.165565% 0.000000% 0.000000% 0.000000% 0.165565% 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 0.192184% 0.000000% 0.000000% 0.000000% 0.192184% 0.165565% 0.000000% 0.000000% 0.000000% 0.165565% 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 7,044.66

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.469061% Weighted Average Net Coupon 4.195850% Weighted Average Pass-Through Rate 4.193849% Weighted Average Maturity(Stepdown Calculation ) 358 Beginning Scheduled Collateral Loan Count 2,038 Number Of Loans Paid In Full 35 Ending Scheduled Collateral Loan Count 2,003 Beginning Scheduled Collateral Balance 1,109,829,051.80 Ending Scheduled Collateral Balance 1,087,222,886.31 Ending Actual Collateral Balance at 30-Apr-2004 1,087,222,886.31 Monthly P &I Constant 4,958,901.83 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 1,087,222,886.31 Scheduled Principal 825,656.38 Unscheduled Principal 21,780,509.11

Miscellaneous Reporting Total Senior% 97.299949% Aggregate Subordinate% 2.700051%

Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.101820 4.531616 5.151553 Weighted Average Net Rate 3.851820 4.281616 4.901553 Weighted Average Maturity 358 358 358 Beginning Loan Count 391 1,587 60 Loans Paid In Full 9 26 0 Ending Loan Count 382 1,561 60 Beginning Scheduled Balance 206,076,541.00 872,868,608.70 30,883,901.27 Ending scheduled Balance 201,167,360.65 855,213,866.51 30,841,659.15 Record Date 04/30/2004 04/30/2004 04/30/2004 Principal And Interest Constant 998,313.91 3,791,704.96 168,882.96 Scheduled Principal 293,906.47 495,450.32 36,299.59 Unscheduled Principal 4,615,274.71 17,159,291.87 5,942.53 Scheduled Interest 704,407.44 3,296,254.64 132,583.37 Servicing Fees 42,932.61 181,847.63 6,434.15 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 343.46 1,454.79 51.47 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 21,466.30 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 639,665.07 3,112,952.22 126,097.75 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 3.724820 4.279616 4.899553

Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 4.469061 Weighted Average Net Rate 4.195850 Weighted Average Maturity 358 Beginning Loan Count 2,038 Loans Paid In Full 35 Ending Loan Count 2,003 Beginning Scheduled Balance 1,109,829,050.97 Ending scheduled Balance 1,087,222,886.31 Record Date 04/30/2004 Principal And Interest Constant 4,958,901.83 Scheduled Principal 825,656.38 Unscheduled Principal 21,780,509.11 Scheduled Interest 4,133,245.45 Servicing Fees 231,214.39 Master Servicing Fees 0.00 Trustee Fee 1,849.72 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 21,466.30 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 3,878,715.04 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 4.193849

Miscellaneous Reporting Group 1 CPR 23.829726% Subordinate% 2.700182% Subordinate Prepayment% 0.000000% Senior% 97.299818% Group 2 CPR 21.210332% Subordinate% 2.700018% Subordinate Prepayment% 0.000000% Senior% 97.299982% Group 3 CPR 0.230925% Subordinate% 2.700116% Subordinate Prepayment% 0.000000% Senior% 97.299884%

Filing Compare · Banc of America Mortgage Securities Mortgage Pass-Through Certificates Series 2004-D