8-K 1 msa03hb1.txt NOVEMBER 8K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 15, 2003 MORGAN STANLEY AUTO LOAN TRUST 2003-HB1 (Exact name of registrant as specified in its charter) New York (governing law of 000-12559-01 51-6542739 Sales and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction of Incorporation) Wells Fargo Bank Minnesota, N.A. 6th Street and Marquette Avenue Minneapolis, MN 55479 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (612) 667-8058 (Former name or former address, if changed since last report) ITEM 5. Other Events On November 15, 2003 a distribution was made to holders of MORGAN STANLEY AUTO LOAN TRUST 2003-HB1 ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Morgan Stanley Auto Loan Trust 2003-HB1, relating to the November 15, 2003 distribution. 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. MORGAN STANLEY AUTO LOAN TRUST 2003-HB1 By: Wells Fargo Bank Minnesota, NA as Trustee By: /s/ Edna Barber, Assistant Vice President By: Edna Barber, Assistant Vice President Date: 11/15/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Morgan Stanley Auto Loan Trust 2003-HB1, relating to the November 15, 2003 distribution. EX-99.1

Pool Balance 465,072,949.55 Realized Losses 410,189.50 Cram Down Losses 0.00 Repossessed Receivables 965,651.60 Defaulted Receivables or Repurchased Receivables 612,015.17 Receivables granted extensions 4,618,308.62 Repurchase Amounts 0.00 Principal Balance of Receivables that were delinquent 30 to 59 days: 3,257,365.36 60 to 89 days: 1,145,537.09 90 days or more: 715,739.65 Overcollateralization Target Amount for next Distribution Date 9,301,458.99 Cumulative Net Loss Ratio as of related Determination Date 0.11% Six-Month Annualized Net Loss Ratio as of related Determination Date 0.31% Three-Month Annualized Net Loss Ratio as of related Determination Date 0.52% Pool Delinquency Percentage as of related Determination Date 1.04%

MORGAN STANLEY AUTO LOAN TRUST 2003-HB1 8-K