8-K 1 prm03003.txt AUGUST 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): August 25, 2004 PRIME MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2003-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106323-08 54-2142261 Pooling and Servicing Agreement) (Commission 54-2142262 (State or other File Number) 54-2142263 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On August 25, 2004 a distribution was made to holders of PRIME MORTGAGE TRUST, Mortgage Pass-Through Certificates, Series 2003-3 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-3 Trust, relating to the August 25, 2004 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. PRIME MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2003-3 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/1/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-3 Trust, relating to the August 25, 2004 distribution. EX-99.1

Prime Mortgage ~~Pass~~Trust ~~Through Certificates~~ Mortgage Pass-Through Certificates Record Date: 127/31/032004 Distribution Date: 18/2625/042004 PRM Series: 2003-3 Contact: ~~CTSLink~~ Customer Service - CTSLink Wells Fargo Bank ~~Minnesota~~, N.A. ~~Corporate~~Securities ~~Trust~~Administration Services ~~9062~~7485 ~~Old~~New ~~Annapolis~~Horizon ~~Road~~Way ~~Columbia~~Frederick, MD ~~21045-1951~~21703 Telephone: (301) 815-6600 Fax: (301) 815-~~6600~~6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1 74160MCJ9 SEN 5.25000% ~~203~~143,~~317~~158,~~273~~698.0019 ~~889~~626,~~513~~319.0532 42,~~519~~473,~~630~~754.9779 A-2 74160MCK6 SEN 5.50000% 4028,~~000~~164,~~000~~591.0044 ~~183~~129,~~333~~087.3371 ~~889~~486,~~177~~678.9673 A-3 74160MCL4 SEN 12.~~67000~~00000% 2014,~~331~~315,~~727~~869.0061 2823,~~294~~859.9978 ~~451~~247,~~963~~375.0947 A-4 74160MCM2 SEN 6.~~33000~~00000% 0.00 ~~107~~71,~~249~~579.8635 0.00 A-5 74160MCN0 SEN 5.50000% 31,287,019.00 143,398.8384 0.00 A-6 74160MCP5 SEN 5.50000% 17,000,000.00 77,916.67 0.00 A-7 74160MCQ3 SEN 12.~~72000~~05000% 5937,~~371~~625,~~027~~143.0007 8564,~~098~~276.4729 2957,~~000,257~~988.0121 A-8 74160MCR1 SEN 65.~~28000~~95000% 0.00 ~~310~~186,~~708~~558.3700 0.00 A-9 74160MCS9 SEN 5.50000% 35,000,000.00 160,416.6667 0.00 PO 74160MCT7 PO 0.00000% 32,~~191~~995,~~802~~023.0057 0.00 2111,~~601~~763.5005 R-I 74160MCU4 RES 5.50000% 500.00 0.2300 500.00 R-II 74160MCV2 RES 5.50000% 500.00 0.2300 500.00 R-III 74160MCW0 RES 5.50000% 500.00 0.2300 500.00 B-1 74160MCX8 SUB 5.~~86531~~86548% 6,~~578~~529,~~000~~808.0007 3231,~~151~~917.6702 67,~~722~~085.7978 B-2 74160MCY6 SUB 5.~~86531~~86548% 3,~~182~~158,~~000~~687.0094 15,~~552~~439.8434 3,~~252~~427.0463 B-3 74160MCZ3 SUB 5.~~86531~~86548% 1,~~698~~685,~~000~~560.0006 8,~~299~~238.4184 1,~~735~~829.3808 B-4 74160MDA7 SUB 5.~~86531~~86548% 1,~~485~~474,~~000~~120.0055 7,~~258~~205.3235 1,~~517~~599.6963 B-5 74160MDB5 SUB 5.~~86531~~86548% 1,~~061~~053,~~000~~226.0087 5,~~185~~148.9106 1,~~084~~142.3590 B-6 74160MDC3 SUB 5.~~86531~~86548% ~~849~~842,~~217~~995.0044 4,~~150~~120.7747 ~~867~~914.9177 Totals ~~424~~324,~~352~~290,~~215~~743.0081 21,~~058~~555,~~529~~481.8471 74,~~897~~193,~~960~~560.6904

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~198~~140,~~797~~684,~~642~~943.0341 53,~~409~~100,~~144~~074.0211 0.00 A-2 0.00 3927,~~110~~677,~~822~~912.0472 1615,~~072,511~~766.2944 0.00 A-3 0.00 1914,~~879~~068,~~763~~494.9114 ~~480~~271,~~258~~235.0825 0.00 A-4 0.00 0.00 ~~107~~71,~~249~~579.8635 0.00 A-5 0.00 31,287,019.00 143,398.8384 0.00 A-6 0.00 17,000,000.00 77,916.67 0.00 A-7 0.00 5736,~~370~~667,~~769~~154.9986 21,~~085~~022,~~355~~264.4850 0.00 A-8 0.00 0.00 ~~310~~186,~~708~~558.3700 0.00 A-9 0.00 35,000,000.00 160,416.6667 0.00 PO 0.00 32,~~170~~983,~~200~~260.5053 2111,~~601~~763.5005 0.00 R-I 0.00 0.00 500.2300 0.00 R-II 0.00 0.00 500.2300 0.00 R-III 0.00 0.00 500.2300 0.00 B-1 0.00 6,~~571~~522,~~277~~722.2129 3839,~~874~~002.4680 0.00 B-2 0.00 3,~~178~~155,~~747~~260.9631 18,~~804~~866.8897 0.00 B-3 0.00 1,~~696~~683,~~264~~730.6299 10,~~034~~067.7992 0.00 B-4 0.00 1,~~483~~472,~~482~~520.3192 8,~~776~~804.0198 0.00 B-5 0.00 1,~~059~~052,~~915~~083.6597 6,~~270~~290.2696 0.00 B-6 0.00 ~~848~~842,~~349~~080.0967 5,~~018~~035.6824 0.00 Totals 0.00 ~~416~~320,~~454~~097,~~254~~183.3181 95,~~956~~749,~~490~~041.5375 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) A-1 203,317,273.00 ~~203~~143,~~317~~158,~~273~~698.0019 ~~276~~227,~~272~~589.7351 42,~~243~~246,~~358~~165.2428 0.00 0.00 A-2 40,000,000.00 4028,~~000~~164,~~000~~591.0044 5444,~~353~~775.0324 ~~834~~441,~~824~~903.9448 0.00 0.00 A-3 20,331,727.00 2014,~~331~~315,~~727~~869.0061 2722,~~627~~758.2795 ~~424~~224,~~335~~616.8252 0.00 0.00 A-4 0.00 0.00 0.00 0.00 0.00 0.00 A-5 31,287,019.00 31,287,019.00 0.00 0.00 0.00 0.00 A-6 17,000,000.00 17,000,000.00 0.00 0.00 0.00 0.00 A-7 59,371,027.00 5937,~~371~~625,~~027~~143.0007 5638,~~988~~132.3816 1919,~~943,268~~856.6305 0.00 0.00 A-8 0.00 0.00 0.00 0.00 0.00 0.00 A-9 35,000,000.00 35,000,000.00 0.00 0.00 0.00 0.00 R-I 50.00 500.00 30.0600 460.9400 0.00 0.00 R-II 50.00 500.00 30.0600 460.9400 0.00 0.00 R-III 50.00 500.00 30.0600 460.9400 0.00 0.00 B-1 6,578,000.00 6,~~578~~529,~~000~~808.0007 67,~~722~~085.7978 0.00 0.00 0.00 B-2 3,182,000.00 3,~~182~~158,~~000~~687.0094 3,~~252~~427.0463 0.00 0.00 0.00 B-3 1,698,000.00 1,~~698~~685,~~000~~560.0006 1,~~735~~829.3808 0.00 0.00 0.00 B-4 1,485,000.00 1,~~485~~474,~~000~~120.0055 1,~~517~~599.6963 0.00 0.00 0.00 B-5 1,061,000.00 1,~~061~~053,~~000~~226.0087 1,~~084~~142.3590 0.00 0.00 0.00 B-6 849,217.00 ~~849~~842,~~217~~995.0044 ~~867~~914.9177 0.00 0.00 0.00 Totals 421,160,413.00 ~~421~~321,~~160~~295,~~413~~720.0024 ~~430~~349,~~430~~255.7565 73,~~445~~832,~~928~~541.4533 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 A-1 42,~~519~~473,~~630~~754.9779 ~~198~~140,~~797~~684,~~642~~943.0341 0.~~97777055~~69194782 42,~~519~~473,~~630~~754.9779 A-2 ~~889~~486,~~177~~678.9673 3927,~~110~~677,~~822~~912.0472 0.~~97777055~~69194782 ~~889~~486,~~177~~678.9673 A-3 ~~451~~247,~~963~~375.0947 1914,~~879~~068,~~763~~494.9114 0.~~97777055~~69194782 ~~451~~247,~~963~~375.0947 A-4 0.00 0.00 0.00000000 0.00 A-5 0.00 31,287,019.00 1.00000000 0.00 A-6 0.00 17,000,000.00 1.00000000 0.00 A-7 2957,~~000,257~~988.0121 5736,~~370~~667,~~769~~154.9986 0.~~96630921~~61759341 2957,~~000,257~~988.0121 A-8 0.00 0.00 0.00000000 0.00 A-9 0.00 35,000,000.00 1.00000000 0.00 R-I 500.00 0.00 0.00000000 500.00 R-II 500.00 0.00 0.00000000 500.00 R-III 500.00 0.00 0.00000000 500.00 B-1 67,~~722~~085.7978 6,~~571~~522,~~277~~722.2129 0.~~99897799~~99159658 67,~~722~~085.7978 B-2 3,~~252~~427.0463 3,~~178~~155,~~747~~260.9631 0.~~99897799~~99159658 3,~~252~~427.0463 B-3 1,~~735~~829.3808 1,~~696~~683,~~264~~730.6299 0.~~99897799~~99159658 1,~~735~~829.3808 B-4 1,~~517~~599.6963 1,~~483~~472,~~482~~520.3192 0.~~99897799~~99159658 1,~~517~~599.6963 B-5 1,~~084~~142.3590 1,~~059~~052,~~915~~083.6597 0.~~99897799~~99159658 1,~~084~~142.3590 B-6 ~~867~~914.9177 ~~848~~842,~~349~~080.0967 0.~~99897799~~99159658 ~~867~~914.9177 Totals 74,~~876~~181,~~359~~796.1999 ~~413~~317,~~284~~113,~~053~~923.8128 0.~~98129843~~75295283 74,~~876~~181,~~359~~796.1999

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 203,317,273.00 ~~1000~~704.~~00000000~~11478611 1.~~35882567~~11938109 2011.~~87062342~~04758709 0.00000000 A-2 40,000,000.00 ~~1000~~704.~~00000000~~11478600 1.~~35882575~~11938100 2011.~~87062350~~04758700 0.00000000 A-3 20,331,727.00 ~~1000~~704.~~00000000~~11478622 1.~~35882554~~11938105 2011.~~87062353~~04758686 0.00000000 A-4 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-5 31,287,019.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-6 17,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-7 59,371,027.00 ~~1000~~633.~~00000000~~72902527 0.~~95986852~~64226883 3215.~~73092497~~49334914 0.00000000 A-8 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-9 35,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 PO 3,191,802.00 ~~1000~~938.~~00000000~~34879795 1.~~16503154~~16505347 52.~~60277549~~52033804 0.00000000 R-I 50.00 ~~1000~~0.00000000 610.~~20000000~~00000000 ~~938~~0.~~80000000~~00000000 0.00000000 R-II 50.00 ~~1000~~0.00000000 610.~~20000000~~00000000 ~~938~~0.~~80000000~~00000000 0.00000000 R-III 50.00 ~~1000~~0.00000000 610.~~20000000~~00000000 ~~938~~0.~~80000000~~00000000 0.00000000 B-1 6,578,000.00 ~~1000~~992.~~00000000~~67377166 1.~~02201125~~07719368 0.00000000 0.00000000 B-2 3,182,000.00 ~~1000~~992.~~00000000~~67377121 1.~~02201131~~07719359 0.00000000 0.00000000 B-3 1,698,000.00 ~~1000~~992.~~00000000~~67376914 1.~~02201413~~07719670 0.00000000 0.00000000 B-4 1,485,000.00 ~~1000~~992.~~00000000~~67377104 1.~~02201347~~07719192 0.00000000 0.00000000 B-5 1,061,000.00 ~~1000~~992.~~00000000~~67377003 1.~~02200754~~07719133 0.00000000 0.00000000 B-6 849,217.00 ~~1000~~992.~~00000000~~67376890 1.~~02201204~~07719228 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 A-1 0.00000000 2212.~~22944909~~16696817 ~~977~~691.~~77055091~~94781798 0.~~97777055~~69194782 2212.~~22944909~~16696817 A-2 0.00000000 2212.~~22944900~~16696825 ~~977~~691.~~77055100~~94781800 0.~~97777055~~69194782 2212.~~22944900~~16696825 A-3 0.00000000 2212.~~22944908~~16696791 ~~977~~691.~~77055092~~94781830 0.~~97777055~~69194782 2212.~~22944908~~16696791 A-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-7 0.00000000 3316.~~69079349~~13561797 ~~966~~617.~~30920651~~59340730 0.~~96630921~~61759341 3316.~~69079349~~13561797 A-8 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 PO 0.00000000 63.~~76780703~~68539465 ~~993~~934.~~23219297~~66340644 0.~~99323219~~93466341 63.~~76780703~~68539465 R-I 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 R-II 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 R-III 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 B-1 0.00000000 1.~~02201125~~07719368 ~~998~~991.~~97798875~~59657799 0.~~99897799~~99159658 1.~~02201125~~07719368 B-2 0.00000000 1.~~02201131~~07719359 ~~998~~991.~~97798869~~59657762 0.~~99897799~~99159658 1.~~02201131~~07719359 B-3 0.00000000 1.~~02201413~~07719670 ~~998~~991.~~97798587~~59657833 0.~~99897799~~99159658 1.~~02201413~~07719670 B-4 0.00000000 1.~~02201347~~07719192 ~~998~~991.~~97798653~~59657912 0.~~99897799~~99159658 1.~~02201347~~07719192 B-5 0.00000000 1.~~02200754~~07719133 ~~998~~991.~~97799246~~59657870 0.~~99897799~~99159658 1.~~02200754~~07719133 B-6 0.00000000 1.~~02201204~~07719228 ~~998~~991.~~97798796~~59657661 0.~~99897799~~99159658 1.~~02201204~~07719228 (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 A-1 203,317,273.00 5.25000% ~~203~~143,~~317~~158,~~273~~698.0019 ~~889~~626,~~513~~319.0730 0.00 0.00 A-2 40,000,000.00 5.50000% 4028,~~000~~164,~~000~~591.0044 ~~183~~129,~~333~~087.3371 0.00 0.00 A-3 20,331,727.00 12.~~67000~~00000% 2014,~~331~~315,~~727~~869.0061 2823,~~294~~859.9978 0.00 0.00 A-4 0.00 6.~~33000~~00000% 2014,~~331~~315,~~727~~869.0061 ~~107~~71,~~249~~579.8635 0.00 0.00 A-5 31,287,019.00 5.50000% 31,287,019.00 143,398.84 0.00 0.00 A-6 17,000,000.00 5.50000% 17,000,000.00 77,916.67 0.00 0.00 A-7 59,371,027.00 12.~~72000~~05000% 5937,~~371~~625,~~027~~143.0007 8564,~~098~~276.4729 0.00 0.00 A-8 0.00 65.~~28000~~95000% 5937,~~371~~625,~~027~~143.0007 ~~310~~186,~~708~~558.3700 0.00 0.00 A-9 35,000,000.00 5.50000% 35,000,000.00 160,416.67 0.00 0.00 PO 3,191,802.00 0.00000% 32,~~191~~995,~~802~~023.0057 0.00 0.00 0.00 R-I 50.00 5.50000% 500.00 0.2300 0.00 0.00 R-II 50.00 5.50000% 500.00 0.2300 0.00 0.00 R-III 50.00 5.50000% 500.00 0.2300 0.00 0.00 B-1 6,578,000.00 5.~~86531~~86548% 6,~~578~~529,~~000~~808.0007 3231,~~151~~917.6702 0.00 0.00 B-2 3,182,000.00 5.~~86531~~86548% 3,~~182~~158,~~000~~687.0094 15,~~552~~439.8434 0.00 0.00 B-3 1,698,000.00 5.~~86531~~86548% 1,~~698~~685,~~000~~560.0006 8,~~299~~238.4184 0.00 0.00 B-4 1,485,000.00 5.~~86531~~86548% 1,~~485~~474,~~000~~120.0055 7,~~258~~205.3235 0.00 0.00 B-5 1,061,000.00 5.~~86531~~86548% 1,~~061~~053,~~000~~226.0087 5,~~185~~148.9106 0.00 0.00 B-6 849,217.00 5.~~86531~~86548% ~~849~~842,~~217~~995.0044 4,~~150~~120.7747 0.00 0.00 Totals 424,352,215.00 21,~~058~~555,~~529~~481.8869 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 A-1 (0.0201) 0.00 ~~889~~626,~~513~~319.0532 0.00 ~~198~~140,~~797~~684,~~642~~943.0341 A-2 0.00 0.00 ~~183~~129,~~333~~087.3371 0.00 3927,~~110~~677,~~822~~912.0472 A-3 0.00 0.00 2823,~~294~~859.9978 0.00 1914,~~879~~068,~~763~~494.9114 A-4 0.00 0.00 ~~107~~71,~~249~~579.8635 0.00 1914,~~879~~068,~~763~~494.9114 A-5 0.00 0.00 143,398.8384 0.00 31,287,019.00 A-6 0.00 0.00 77,916.67 0.00 17,000,000.00 A-7 0.00 0.00 8564,~~098~~276.4729 0.00 5736,~~370~~667,~~769~~154.9986 A-8 0.00 0.00 ~~310~~186,~~708~~558.3700 0.00 5736,~~370~~667,~~769~~154.9986 A-9 0.00 0.00 160,416.6667 0.00 35,000,000.00 PO 0.00 0.00 0.00 0.00 32,~~170~~983,~~200~~260.5053 R-I 0.00 0.00 0.2300 0.00 0.00 R-II 0.00 0.00 0.2300 0.00 0.00 R-III 0.00 0.00 0.2300 0.00 0.00 B-1 0.00 0.00 3231,~~151~~917.6702 0.00 6,~~571~~522,~~277~~722.2129 B-2 0.00 0.00 15,~~552~~439.8434 0.00 3,~~178~~155,~~747~~260.9631 B-3 0.00 0.00 8,~~299~~238.4184 0.00 1,~~696~~683,~~264~~730.6299 B-4 0.00 0.00 7,~~258~~205.3235 0.00 1,~~483~~472,~~482~~520.3192 B-5 0.00 0.00 5,~~185~~148.9106 0.00 1,~~059~~052,~~915~~083.6597 B-6 0.00 0.00 4,~~150~~120.7747 0.00 ~~848~~842,~~349~~080.0967 Totals (0.0201) 0.00 21,~~058~~555,~~529~~481.8471 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 A-1 203,317,273.00 5.25000% ~~1000~~704.~~00000000~~11478611 43.~~37500000~~08050217 0.00000000 0.00000000 A-2 40,000,000.00 5.50000% ~~1000~~704.~~00000000~~11478600 43.~~58333325~~22719275 0.00000000 0.00000000 A-3 20,331,727.00 12.~~67000~~00000% ~~1000~~704.~~00000000~~11478622 1.~~39166683~~17352451 0.00000000 0.00000000 A-4 0.00 6.~~33000~~00000% ~~1000~~704.~~00000000~~11478622 53.~~27500000~~52057403 0.00000000 0.00000000 A-5 31,287,019.00 5.50000% 1000.00000000 4.58333343 0.00000000 0.00000000 A-6 17,000,000.00 5.50000% 1000.00000000 4.58333353 0.00000000 0.00000000 A-7 59,371,027.00 12.~~72000~~05000% ~~1000~~633.~~00000000~~72902527 1.~~43333330~~08262048 0.00000000 0.00000000 A-8 0.00 65.~~28000~~95000% ~~1000~~633.~~00000000~~72902527 53.~~23333326~~14223973 0.00000000 0.00000000 A-9 35,000,000.00 5.50000% 1000.00000000 4.58333343 0.00000000 0.00000000 PO 3,191,802.00 0.00000% ~~1000~~938.~~00000000~~34879795 0.00000000 0.00000000 0.00000000 R-I 50.00 5.50000% ~~1000~~0.00000000 40.~~60000000~~00000000 0.00000000 0.00000000 R-II 50.00 5.50000% ~~1000~~0.00000000 40.~~60000000~~00000000 0.00000000 0.00000000 R-III 50.00 5.50000% ~~1000~~0.00000000 40.~~60000000~~00000000 0.00000000 0.00000000 B-1 6,578,000.00 5.~~86531~~86548% ~~1000~~992.~~00000000~~67377166 4.~~88775768~~85208574 0.00000000 0.00000000 B-2 3,182,000.00 5.~~86531~~86548% ~~1000~~992.~~00000000~~67377121 4.~~88775613~~85208674 0.00000000 0.00000000 B-3 1,698,000.00 5.~~86531~~86548% ~~1000~~992.~~00000000~~67376914 4.~~88775618~~85208481 0.00000000 0.00000000 B-4 1,485,000.00 5.~~86531~~86548% ~~1000~~992.~~00000000~~67377104 4.~~88775758~~85208754 0.00000000 0.00000000 B-5 1,061,000.00 5.~~86531~~86548% ~~1000~~992.~~00000000~~67377003 4.~~88775683~~85208294 0.00000000 0.00000000 B-6 849,217.00 5.~~86531~~86548% ~~1000~~992.~~00000000~~67376890 4.~~88776131~~85208139 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 A-1 (0.~~00000010~~00000005) 0.00000000 43.~~37499990~~08050227 0.00000000 ~~977~~691.~~77055091~~94781798 A-2 0.00000000 0.00000000 43.~~58333325~~22719275 0.00000000 ~~977~~691.~~77055100~~94781800 A-3 0.00000000 0.00000000 1.~~39166683~~17352451 0.00000000 ~~977~~691.~~77055092~~94781830 A-4 0.00000000 0.00000000 53.~~27500000~~52057403 0.00000000 ~~977~~691.~~77055092~~94781830 A-5 0.00000000 0.00000000 4.~~58333311~~58333343 0.00000000 1000.00000000 A-6 0.00000000 0.00000000 4.58333353 0.00000000 1000.00000000 A-7 0.00000000 0.00000000 1.~~43333330~~08262048 0.00000000 ~~966~~617.~~30920651~~59340730 A-8 0.00000000 0.00000000 53.~~23333326~~14223973 0.00000000 ~~966~~617.~~30920651~~59340730 A-9 0.00000000 0.00000000 4.~~58333314~~58333343 0.00000000 1000.00000000 PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~993~~934.~~23219297~~66340644 R-I 0.00000000 0.00000000 40.~~60000000~~00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 40.~~60000000~~00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 40.~~60000000~~00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 4.~~88775768~~85208574 0.00000000 ~~998~~991.~~97798875~~59657799 B-2 0.00000000 0.00000000 4.~~88775613~~85208674 0.00000000 ~~998~~991.~~97798869~~59657762 B-3 0.00000000 0.00000000 4.~~88775618~~85208481 0.00000000 ~~998~~991.~~97798587~~59657833 B-4 0.00000000 0.00000000 4.~~88775758~~85208754 0.00000000 ~~998~~991.~~97798653~~59657912 B-5 0.00000000 0.00000000 4.~~88775683~~85208294 0.00000000 ~~998~~991.~~97799246~~59657870 B-6 0.00000000 0.00000000 4.~~88776131~~85208139 0.00000000 ~~998~~991.~~97798796~~59657661 (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 105,~~035~~815,~~567~~261.7098 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 97,~~329~~520.5351 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 105,~~044~~822,~~897~~782.2349 Withdrawals Reimbursement for Servicer Advances 06,180.0017 Payment of Service Fee 8867,~~406~~560.7057 Payment of Interest and Principal 95,~~956~~749,~~490~~041.5375 Total Withdrawals (Pool Distribution Amount) 105,~~044~~822,~~897~~782.2349 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 0.0200

SERVICING FEES Gross Servicing Fee 8867,~~406~~560.7057 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 8867,~~406~~560.7057

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Class A-6 Policy 0.00 0.00 0.00 0.00 Class A-6 Reserve Fund 2019,~~000~~446.0039 0.00 0.00 2019,~~000~~446.0039 Class A-6 Rounding Account 999.99 0.00 0.00 999.99

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 43 0 0 0 43 1,~~651~~186,~~089~~610.9936 0.00 0.00 0.00 1,~~651~~186,~~089~~610.9936 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 01 0 0 0 01 051,378.0040 0.00 0.00 0.00 051,378.0040 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 4 0 0 0 4 1,~~651~~237,~~089~~988.9976 0.00 0.00 0.00 1,~~651~~237,~~089~~988.9976 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.~~417537~~403769% 0.000000% 0.000000% 0.000000% 0.~~417537~~403769% 0.~~396099~~370383% 0.000000% 0.000000% 0.000000% 0.~~396099~~370383% 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~~134590% 0.000000% 0.000000% 0.000000% 0.~~000000~~134590% 0.~~000000~~016037% 0.000000% 0.000000% 0.000000% 0.~~000000~~016037% 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.~~417537~~538358% 0.000000% 0.000000% 0.000000% 0.~~417537~~538358% 0.~~396099~~386420% 0.000000% 0.000000% 0.000000% 0.~~396099~~386420%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 20 0 0 0 20 ~~916,983~~0.6000 0.00 0.00 0.00 ~~916,983~~0.6000 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 20 0 0 0 20 ~~916,983~~0.6000 0.00 0.00 0.00 ~~916,983~~0.6000 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~704225~~000000% 0.000000% 0.000000% 0.000000% 0.~~704225~~000000% 0.~~688152~~000000% 0.000000% 0.000000% 0.000000% 0.~~688152~~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.~~704225~~000000% 0.000000% 0.000000% 0.000000% 0.~~704225~~000000% 0.~~688152~~000000% 0.000000% 0.000000% 0.000000% 0.~~688152~~000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 23 0 0 0 23 ~~734~~1,~~106~~186,610.3936 0.00 0.00 0.00 ~~734~~1,~~106~~186,610.3936 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 01 0 0 0 01 051,378.0040 0.00 0.00 0.00 051,378.0040 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 24 0 0 0 24 ~~734~~1,~~106~~237,988.3976 0.00 0.00 0.00 ~~734~~1,~~106~~237,988.3976 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~296736~~625000% 0.000000% 0.000000% 0.000000% 0.~~296736~~625000% 0.~~258867~~601007% 0.000000% 0.000000% 0.000000% 0.~~258867~~601007% 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~~208333% 0.000000% 0.000000% 0.000000% 0.~~000000~~208333% 0.~~000000~~026023% 0.000000% 0.000000% 0.000000% 0.~~000000~~026023% 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.~~296736~~833333% 0.000000% 0.000000% 0.000000% 0.~~296736~~833333% 0.~~258867~~627030% 0.000000% 0.000000% 0.000000% 0.~~258867~~627030%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 97,~~329~~520.5351

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 18,045,169.00 4.25240363% 1817,~~008~~711,~~237~~659.3468 45.~~32418019~~53321320% 9594.~~675792~~466787% 100.000000% Class R-I 14,853,317.00 3.50023317% 14,~~838~~728,~~036~~399.8415 34.~~56294421~~60122733% 0.000000% 0.000000% Class R-II 14,853,267.00 3.50022139% 14,~~838~~728,~~036~~399.8415 34.~~56294421~~60122733% 0.000000% 0.000000% Class R-III 14,853,217.00 3.50020961% 14,~~838~~728,~~036~~399.8415 34.~~56294421~~60122733% 0.000000% 0.000000% Class B-1 8,275,217.00 1.95008220% 8,~~266~~205,~~759~~676.6386 12.~~98503371~~56349548% 12.~~577910~~037732% 0.000000% Class B-2 5,093,217.00 1.20023340% 5,~~088~~050,~~011~~416.6755 1.~~22174530~~57777600% 0.~~763288~~985719% 0.000000% Class B-3 3,395,217.00 0.80009409% 3,~~391~~366,~~747~~685.0556 01.~~81443426~~05176981% 0.~~407311~~526006% 0.000000% Class B-4 1,910,217.00 0.45014894% 1,~~908~~894,~~264~~164.7464 0.~~45821701~~59174674% 0.~~356217~~460023% 0.000000% Class B-5 849,217.00 0.20012079% ~~848~~842,~~349~~080.0967 0.~~20370757~~26307031% 0.~~254509~~328676% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~203708~~263070% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.02356533% 100,000.00 0.~~02401223~~03124051% Fraud 8,487,044.31 2.00000000% 8,487,044.31 2.~~03792899~~65139611% Special Hazard 4,243,522.00 0.99999996% 4,243,522.00 1.~~01896446~~32569801% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.~~071192~~005878% Weighted Average Net Coupon 5.~~821192~~755878% Weighted Average Pass-Through Rate 5.~~821192~~755878% Weighted Average Maturity (Stepdown Calculation ) ~~354~~347 Beginning Scheduled Collateral Loan Count ~~975~~751 Number Of Loans Paid In Full 178 Ending Scheduled Collateral Loan Count ~~958~~743 Beginning Scheduled Collateral Balance ~~424~~324,~~352~~290,~~215~~744.0080 Ending Scheduled Collateral Balance ~~416~~320,~~454~~097,~~369~~184.4776 Ending Actual Collateral Balance at 31-~~Dec~~Jul-~~2003~~2004 ~~416~~320,~~838~~374,~~053~~014.6689 Monthly P &I Constant 21,~~581~~976,~~085~~016.8257 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 95,~~868~~660,~~711~~972.4884 Ending Scheduled Balance for Premium Loans ~~416~~320,~~454~~097,~~369~~184.4776 Scheduled Principal ~~434~~352,~~149~~974.28 Unscheduled Principal 73,~~463~~840,~~811~~585.4176

COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Coupon Rate 6.~~071192~~005878% Weighted Average Net Rate 5.~~821192~~755878% Weighted Average Pass Through Rate 5.~~821192~~755878% Weighted Average Maturity ~~354~~347 Record Date 1207/31/~~2003~~2004 Principal and Interest Constant 21,~~581~~976,~~085~~016.8257 Beginning Loan Count ~~975~~751 Loans Paid in Full 178 Ending Loan Count ~~958~~743 Beginning Scheduled Balance ~~424~~324,~~352~~290,~~215~~744.0080 Ending Scheduled Balance ~~416~~320,~~454~~097,~~369~~184.4776 Ending Actual Balance at 31-~~Dec~~Jul-~~2003~~2004 ~~416~~320,~~838~~374,~~053~~014.6689 Scheduled Principal ~~434~~352,~~149~~974.28 Unscheduled Principal 73,~~463~~840,~~811~~585.4176 Scheduled Interest 21,~~146~~623,~~936~~042.5429 Servicing Fee 8867,~~406~~560.7057 Master Servicing Fee 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 21,~~058~~555,~~529~~481.8472 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Special Servicing Fee 0.00 Prepayment Penalties 0.00

Group Level Collateral Statement Group Group 1 Group 2 Total Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 5.~~618672~~616344 6.~~279287~~244674 6.~~071192~~005878 Weighted Average Net Rate 5.~~368672~~366344 65.~~029287~~994674 5.~~821192~~755878 Weighted Average Maturity ~~348~~341 ~~338~~331 ~~354~~347 Beginning Loan Count ~~285~~263 ~~690~~488 ~~975~~751 Loans Paid In Full 10 168 178 Ending Loan Count ~~284~~263 ~~674~~480 ~~958~~743 Beginning Scheduled Balance ~~133~~123,~~671~~246,~~441~~250.9092 ~~290~~201,~~680~~044,~~773~~493.3788 ~~424~~324,~~352~~290,~~215~~744.2780 Ending scheduled Balance ~~133,~~122,~~553~~823,082.5614 ~~283~~197,~~331~~274,~~815~~102.9162 ~~416~~320,~~454~~097,~~369~~184.4776 Record Date 1207/31/~~2003~~2004 1207/31/~~2003~~2004 1207/31/~~2003~~2004 Principal And Interest Constant ~~774~~721,~~538~~898.9484 1,~~806~~254,~~546~~117.8873 21,~~581~~976,~~085~~016.8257 Scheduled Principal ~~148~~145,~~659~~071.0007 ~~285~~207,~~490~~903.2821 ~~434~~352,~~149~~974.28 Unscheduled Principal ~~400~~278,~~229~~097.3471 73,~~063~~562,~~582~~488.0705 73,~~463~~840,~~811~~585.4176 Scheduled Interest ~~625~~576,~~879~~827.9477 1,~~521~~046,~~056~~214.6052 21,~~146~~623,~~936~~042.5429 Servicing Fees 2725,~~848~~676.2130 6041,~~558~~884.4927 8867,~~406~~560.7057 Master Servicing Fees 0.00 0.00 0.00 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 ~~598~~551,~~031~~151.7347 1,~~460~~004,~~498~~330.1125 21,~~058~~555,~~529~~481.8472 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 5.~~368672~~366344 65.~~029287~~994674 5.~~821192~~755878

Miscellaneous Reporting Group Group 1 Subgroup 1 Senior Prepayment % 100~~.000000~~% Subgroup 1 Senior % 9695.~~473264~~52815600% Subordinate Prepayment % ~~Group 1 0~~4.~~000000~~47184400% Subordinate % ~~Subgroup 1 3~~0.~~526736~~000000% Group Group 2 Subgroup 2 Senior Prepayment % 100~~.000000~~% Subgroup 2 Senior % 9694.~~473264~~58157600% Subordinate Prepayment % ~~Group 2 0~~5.~~000000~~41842400% Subordinate % ~~Subgroup 2 3~~0.~~526736~~000000%

Filing Compare · PRIME MORTGAGE TRUST MORTGAGE PASS-THROUGH CERT SER 2003-3