8-K 1 hbv04001_sep.txt SEPTEMBER 8-K 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): September 20, 2004 HARBORVIEW MORTGAGE LOAN TRUST Mortgage Loan Pass-Through Certificates, Series 2004-1 Trust (Exact name of registrant as specified in its charter) Delaware (governing law of 333-111379-06 54-2147370 Pooling and Servicing Agreement) (Commission 54-2147371 (State or other File Number) 54-2147372 jurisdiction 54-6601037 of Incorporation) IRS EIN 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 September 20, 2004 a distribution was made to holders of HARBORVIEW MORTGAGE LOAN TRUST, Mortgage Loan Pass-Through Certificates, Series 2004-1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Pass-Through Certificates, Series 2004-1 Trust, relating to the September 20, 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. HARBORVIEW MORTGAGE LOAN TRUST Mortgage Loan Pass-Through Certificates, Series 2004-1 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: 9/20/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Pass-Through Certificates, Series 2004-1 Trust, relating to the September 20, 2004 distribution. EX-99.1

Harborview Mortgage Loan Trust Mortgage Loan Pass-Through Certificates Record Date: 48/3031/042004 Distribution Date: 59/1920/042004 HBV Series: 2004-1 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 41161PCX9 SEN 1.~~40000~~90000% ~~194~~174,~~570~~992,~~341~~852.7572 ~~258~~277,~~462~~072.0802 43,~~023~~685,~~327~~566.0310 X2-A ~~41161PDB6~~41161PCY7 SEN 24.~~48161~~89235% 0131,076,436.0003 ~~370~~534,~~909~~393.9835 04,576,793.0083 A3-RA ~~41161PDC4~~41161PCZ4 SEN 34.~~88009~~78817% 0105,139,617.0061 0419,522.0031 023,453.0067 24-A ~~41161PCY7~~41161PDA8 SEN 4.~~94019~~84606% ~~154~~92,~~619~~310,~~650~~658.8626 ~~636~~372,~~542~~785.1091 734,~~615,008~~743.3109 ~~3-A~~X ~~41161PCZ4~~41161PDB6 SEN 42.~~81879~~11196% ~~116,589,320~~0.0200 ~~468~~307,~~182~~981.8881 ~~6,349,561~~0.2600 4-A-R ~~41161PDA8~~41161PDC4 SEN 43.~~86642~~80717% ~~96,887,433~~0.8600 ~~392,912~~0.3000 ~~2,917,752~~0.5600 B-1 41161PDD2 SUB 4.~~53454~~55688% 13,~~545~~536,~~577~~099.6686 51,~~185~~401.7895 2,~~416~~423.1752 B-2 41161PDE0 SUB 4.~~53454~~55688% 6,~~018~~014,~~923~~712.6422 22,~~744~~840.2025 1,~~073~~076.6288 B-3 41161PDF7 SUB 4.~~53454~~55688% 3,~~912~~909,~~300~~562.3794 14,~~783~~846.7316 ~~697~~699.8597 B-4 41161PDG5 SUB 4.~~53454~~55688% 2,~~407~~405,~~569~~884.4689 9,~~097~~136.6810 ~~429~~430.4575 B-5 41161PDH3 SUB 4.~~53454~~55688% 3,~~007~~005,~~462~~357.1887 11,~~364~~412.54 ~~536~~538.4508 B-6 41161PDJ9 SUB 4.~~53454~~55688% 2,~~120~~119,~~793~~309.7483 8,~~014~~047.0286 ~~378~~379.2944 P HBV04001P SEN 0.00000% 0.00 0.00 0.00 Totals ~~593~~534,~~679~~510,~~373~~492.5423 2,~~244~~029,~~199~~440.2926 208,~~911~~326,~~180~~105.9933

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A 0.00 ~~190~~171,~~547~~307,~~014~~286.7262 43,~~281~~962,~~789~~638.1112 0.00 X2-A 0.00 0126,499,642.0020 ~~370~~5,~~909~~111,187.9818 0.00 A3-RA 0.00 0105,116,163.0094 0442,975.0098 0.00 24-A 0.00 ~~147~~92,~~004~~275,~~642~~915.5516 8407,~~251,550~~529.4100 0.00 ~~3-A~~X 0.00 ~~110,239,758~~0.7600 6307,~~817,744~~981.1481 0.00 4-A-R 0.00 ~~93,969,681~~0.3000 ~~3,310,664~~0.8600 0.00 B-1 0.00 13,~~543~~533,~~161~~676.4935 53,~~601~~825.9547 0.00 B-2 0.00 6,~~017~~013,~~850~~635.0334 23,~~817~~917.8213 0.00 B-3 0.00 3,~~911~~908,~~602~~862.5297 15,~~481~~546.5813 0.00 B-4 0.00 2,~~407~~405,~~140~~454.0114 9,~~527~~566.1385 0.00 B-5 0.00 3,~~006~~004,~~925~~819.7379 11,~~900~~950.9962 0.00 B-6 0.00 2,~~120~~118,~~415~~930.4539 8,~~392~~427.3130 0.00 P 0.00 0.00 0.00 0.00 Totals 0.00 ~~572~~526,~~768~~184,~~192~~386.5690 2310,~~155~~355,~~380~~545.2859 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 198,716,000.00 ~~194~~174,~~570~~992,~~341~~852.7572 3230,~~342~~259.1762 3,~~990~~655,~~984~~306.8648 0.00 0.00 X2-A 0158,202,000.00 0131,076,436.0003 039,162.0020 04,537,631.0063 0.00 0.00 A3-RA ~~100~~116,844,000.00 0105,139,617.0061 010,349.0022 013,104.0045 0.00 0.00 24-A ~~158~~97,~~202~~485,000.00 ~~154~~92,~~619~~310,~~650~~658.8626 448,~~814~~678.1772 726,~~570,194~~064.1437 0.00 0.00 ~~3-A~~X ~~116,844,000~~0.00 ~~116,589,320~~0.0200 ~~13,230~~0.5000 ~~6,336,330~~0.7600 0.00 0.00 4-A-R ~~97,485,000~~100.00 ~~96,887,433~~0.8600 ~~9,696~~0.3100 ~~2,908,056~~0.2500 0.00 0.00 B-1 13,548,000.00 13,~~545~~536,~~577~~099.6686 2,~~416~~423.1752 0.00 0.00 0.00 B-2 6,020,000.00 6,~~018~~014,~~923~~712.6422 1,~~073~~076.6288 0.00 0.00 0.00 B-3 3,913,000.00 3,~~912~~909,~~300~~562.3794 ~~697~~699.8597 0.00 0.00 0.00 B-4 2,408,000.00 2,~~407~~405,~~569~~884.4689 ~~429~~430.4575 0.00 0.00 0.00 B-5 3,008,000.00 3,~~007~~005,~~462~~357.1887 ~~536~~538.4508 0.00 0.00 0.00 B-6 2,121,173.00 2,~~120~~119,~~793~~309.7483 ~~378~~379.2944 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 Totals 602,265,273.00 ~~593~~534,~~679~~510,~~373~~492.5423 ~~105~~93,~~614~~998.9840 208,~~805~~232,~~566~~106.0193 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 43,~~023~~685,~~327~~566.0310 ~~190~~171,~~547~~307,~~014~~286.7262 0.~~95889115~~86207093 43,~~023~~685,~~327~~566.0310 X2-A 04,576,793.0083 0126,499,642.0020 0.~~00000000~~79960836 04,576,793.0083 A3-RA 023,453.0067 0105,116,163.0094 0.~~00000000~~89962826 023,453.0067 24-A 734,~~615,008~~743.3109 ~~147~~92,~~004~~275,~~642~~915.5516 0.~~92922114~~94656527 734,~~615,008~~743.3109 ~~3-A~~X ~~6,349,561~~0.2600 ~~110,239,758~~0.7600 0.~~94347813~~00000000 ~~6,349,561~~0.2600 4-A-R ~~2,917,752~~0.5600 ~~93,969,681~~0.3000 0.~~96393990~~00000000 ~~2,917,752~~0.5600 B-1 2,~~416~~423.1752 13,~~543~~533,~~161~~676.4935 0.~~99964286~~99894275 2,~~416~~423.1752 B-2 1,~~073~~076.6288 6,~~017~~013,~~850~~635.0334 0.~~99964286~~99894275 1,~~073~~076.6288 B-3 ~~697~~699.8597 3,~~911~~908,~~602~~862.5297 0.~~99964286~~99894275 ~~697~~699.8597 B-4 ~~429~~430.4575 2,~~407~~405,~~140~~454.0114 0.~~99964286~~99894275 ~~429~~430.4575 B-5 ~~536~~538.4508 3,~~006~~004,~~925~~819.7379 0.~~99964286~~99894275 ~~536~~538.4508 B-6 ~~378~~379.2944 2,~~120~~118,~~415~~930.4539 0.~~99964286~~99894275 ~~378~~379.2944 P 0.00 0.00 0.00000000 0.00 Totals 208,~~911~~326,~~180~~105.9933 ~~572~~526,~~768~~184,~~192~~386.5690 0.~~95102311~~87367546 208,~~911~~326,~~180~~105.9933

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A 198,716,000.00 ~~979~~880.~~13777325~~61783007 0.~~16275574~~15227571 2018.~~08386270~~39462590 0.00000000 X2-A 0158,202,000.00 0828.~~00000000~~53842575 0.~~00000000~~24754554 028.~~00000000~~68251748 0.00000000 A3-RA ~~100~~116,844,000.00 0899.~~00000000~~82898232 0.~~00000000~~08857297 0.~~00000000~~11215338 0.00000000 24-A ~~158~~97,~~202~~485,000.00 ~~977~~946.~~35585429~~92166241 0.~~28327183~~08902621 470.~~85144398~~26736801 0.00000000 ~~3-A~~X ~~116,844,000~~0.00 ~~997~~0.~~82034182~~00000000 0.~~11323217~~00000000 540.~~22897847~~00000000 0.00000000 4-A-R ~~97,485,000~~100.00 ~~993~~0.~~87017346~~00000000 0.~~09946464~~00000000 290.~~83080730~~00000000 0.00000000 B-1 13,548,000.00 999.~~82120313~~12163124 0.~~17834145~~17888397 0.00000000 0.00000000 B-2 6,020,000.00 999.~~82120266~~12163123 0.~~17834219~~17888372 0.00000000 0.00000000 B-3 3,913,000.00 999.~~82120368~~12163046 0.~~17834143~~17888321 0.00000000 0.00000000 B-4 2,408,000.00 999.~~82120432~~12163206 0.~~17834302~~17888289 0.00000000 0.00000000 B-5 3,008,000.00 999.~~82120346~~12163231 0.~~17834109~~17888298 0.00000000 0.00000000 B-6 2,121,173.00 999.~~82120270~~12163223 0.~~17834000~~17888216 0.00000000 0.00000000 P 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 0.00000000 2018.~~24661844~~54690161 ~~958~~862.~~89115481~~07092846 0.~~95889115~~86207093 2018.~~24661844~~54690161 X2-A 0.00000000 028.~~00000000~~93006302 0799.~~00000000~~60836273 0.~~00000000~~79960836 028.~~00000000~~93006302 A3-RA 0.00000000 0.~~00000000~~20072635 0899.~~00000000~~62825597 0.~~00000000~~89962826 0.~~00000000~~20072635 24-A 0.00000000 480.~~13471581~~35639421 ~~929~~946.~~22113848~~56526809 0.~~92922114~~94656527 480.~~13471581~~35639421 ~~3-A~~X 0.00000000 540.~~34221064~~00000000 ~~943~~0.~~47813118~~00000000 0.~~94347813~~00000000 540.~~34221064~~00000000 4-A-R 0.00000000 290.~~93027194~~00000000 ~~963~~0.~~93990152~~00000000 0.~~96393990~~00000000 290.~~93027194~~00000000 B-1 0.00000000 0.~~17834145~~17888397 ~~999~~998.~~64286168~~94274801 0.~~99964286~~99894275 0.~~17834145~~17888397 B-2 0.00000000 0.~~17834219~~17888372 ~~999~~998.~~64286213~~94274751 0.~~99964286~~99894275 0.~~17834219~~17888372 B-3 0.00000000 0.~~17834143~~17888321 ~~999~~998.~~64286225~~94274725 0.~~99964286~~99894275 0.~~17834143~~17888321 B-4 0.00000000 0.~~17834302~~17888289 ~~999~~998.~~64286130~~94274917 0.~~99964286~~99894275 0.~~17834302~~17888289 B-5 0.00000000 0.~~17834109~~17888298 ~~999~~998.~~64286237~~94274934 0.~~99964286~~99894275 0.~~17834109~~17888298 B-6 0.00000000 0.~~17834000~~17888216 ~~999~~998.~~64286270~~94275007 0.~~99964286~~99894275 0.~~17834000~~17888216 P 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 198,716,000.00 1.~~40000~~90000% ~~194~~174,~~570~~992,~~341~~852.7572 ~~226~~277,~~998~~072.7302 0.00 0.00 X2-A 0158,202,000.00 24.~~48161~~89235% ~~194~~131,~~570~~076,~~341~~436.7503 ~~402~~534,~~373~~393.6335 0.00 0.00 A3-RA ~~100~~116,844,000.00 34.~~88009~~78817% 0105,139,617.0061 0419,522.0031 0.00 0.00 24-A ~~158~~97,~~202~~485,000.00 4.~~94019~~84606% ~~154~~92,~~619~~310,~~650~~658.8626 ~~636~~372,~~542~~785.1091 0.00 0.00 ~~3-A~~X ~~116,844,000~~0.00 42.~~81879~~11196% ~~116~~174,~~589~~992,~~320~~852.0272 ~~468~~307,~~182~~981.8881 0.00 0.00 4-A-R ~~97,485,000~~100.00 43.~~86642~~80717% ~~96,887,433~~0.8600 ~~392,912~~0.3000 0.00 0.00 B-1 13,548,000.00 4.~~53454~~55688% 13,~~545~~536,~~577~~099.6686 51,~~185~~401.7895 0.00 0.00 B-2 6,020,000.00 4.~~53454~~55688% 6,~~018~~014,~~923~~712.6422 22,~~744~~840.2025 0.00 0.00 B-3 3,913,000.00 4.~~53454~~55688% 3,~~912~~909,~~300~~562.3794 14,~~783~~846.7316 0.00 0.00 B-4 2,408,000.00 4.~~53454~~55688% 2,~~407~~405,~~569~~884.4689 9,~~097~~136.6810 0.00 0.00 B-5 3,008,000.00 4.~~53454~~55688% 3,~~007~~005,~~462~~357.1887 11,~~364~~412.54 0.00 0.00 B-6 2,121,173.00 4.~~53454~~55688% 2,~~120~~119,~~793~~309.7483 8,~~014~~047.0286 0.00 0.00 P 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 602,265,273.00 2,~~244~~029,~~199~~440.5926 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 0.00 0.00 ~~258~~277,~~462~~072.0802 0.00 ~~190~~171,~~547~~307,~~014~~286.7262 X2-A 0.00 0.00 ~~370~~534,~~909~~393.9835 0.00 ~~190~~126,~~547~~499,~~014~~642.7220 A3-RA (0.0001) 0.00 0419,522.0031 0.00 0105,116,163.0094 24-A 0.0001 0.00 ~~636~~372,~~542~~785.1091 0.00 ~~147~~92,~~004~~275,~~642~~915.5516 ~~3-A~~X 0.00 0.00 ~~468~~307,~~182~~981.8881 0.00 ~~110~~171,~~239~~307,~~758~~286.7662 4-A-R 0.00 0.00 ~~392,912~~0.3000 0.00 ~~93,969,681~~0.3000 B-1 0.00 0.00 51,~~185~~401.7895 0.00 13,~~543~~533,~~161~~676.4935 B-2 0.00 0.00 22,~~744~~840.2025 0.00 6,~~017~~013,~~850~~635.0334 B-3 0.00 0.00 14,~~783~~846.7316 0.00 3,~~911~~908,~~602~~862.5297 B-4 0.00 0.00 9,~~097~~136.6810 0.00 2,~~407~~405,~~140~~454.0114 B-5 0.00 0.00 11,~~364~~412.54 0.00 3,~~006~~004,~~925~~819.7379 B-6 0.00 0.00 8,~~014~~047.0286 0.00 2,~~120~~118,~~415~~930.4539 P 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,~~244~~029,~~199~~440.2926 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 198,716,000.00 1.~~40000~~90000% ~~979~~880.~~13777325~~61783007 1.~~14232739~~39431158 0.00000000 0.00000000 X2-A 0158,202,000.00 24.~~48161~~89235% ~~979~~828.~~13777325~~53842575 23.~~02486780~~37791779 0.00000000 0.00000000 A3-RA ~~100~~116,844,000.00 34.~~88009~~78817% 0899.~~00000000~~82898232 03.~~00000000~~59044803 0.00000000 0.00000000 24-A ~~158~~97,~~202~~485,000.00 4.~~94019~~84606% ~~977~~946.~~35585429~~92166241 43.~~02360337~~82403354 0.00000000 0.00000000 ~~3-A~~X ~~116,844,000~~0.00 42.~~81879~~11196% ~~997~~880.~~82034182~~61783007 41.~~00690562~~54985915 0.00000000 0.00000000 4-A-R ~~97,485,000~~100.00 43.~~86642~~80717% ~~993~~0.~~87017346~~00000000 40.~~03048982~~00000000 0.00000000 0.00000000 B-1 13,548,000.00 4.~~53454~~55688% 999.~~82120313~~12163124 3.~~77810599~~79406185 0.00000000 0.00000000 B-2 6,020,000.00 4.~~53454~~55688% 999.~~82120266~~12163123 3.~~77810631~~79406146 0.00000000 0.00000000 B-3 3,913,000.00 4.~~53454~~55688% 999.~~82120368~~12163046 3.~~77810631~~79406082 0.00000000 0.00000000 B-4 2,408,000.00 4.~~53454~~55688% 999.~~82120432~~12163206 3.~~77810631~~79406146 0.00000000 0.00000000 B-5 3,008,000.00 4.~~53454~~55688% 999.~~82120346~~12163231 3.~~77810505~~79406250 0.00000000 0.00000000 B-6 2,121,173.00 4.~~53454~~55688% 999.~~82120270~~12163223 3.~~77810768~~79406112 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 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-A 0.00000000 0.00000000 1.~~30066064~~39431158 0.00000000 ~~958~~862.~~89115481~~07092846 X2-A 0.00000000 0.00000000 13.~~86653304~~37791779 0.00000000 ~~958~~799.~~89115481~~60836273 A3-RA (0.~~00000000~~00000009) 0.00000000 03.~~00000000~~59044803 0.00000000 0899.~~00000000~~62825597 24-A 0.~~00000000~~00000010 0.00000000 43.~~02360337~~82403354 0.00000000 ~~929~~946.~~22113848~~56526809 ~~3-A~~X 0.00000000 0.00000000 41.~~00690562~~54985915 0.00000000 ~~943~~862.~~47813118~~07092846 4-A-R 0.00000000 0.00000000 40.~~03048982~~00000000 0.00000000 ~~963~~0.~~93990152~~00000000 B-1 0.00000000 0.00000000 3.~~77810599~~79406185 0.00000000 ~~999~~998.~~64286168~~94274801 B-2 0.00000000 0.00000000 3.~~77810631~~79406146 0.00000000 ~~999~~998.~~64286213~~94274751 B-3 0.00000000 0.00000000 3.~~77810631~~79406082 0.00000000 ~~999~~998.~~64286225~~94274725 B-4 0.00000000 0.00000000 3.~~77810631~~79406146 0.00000000 ~~999~~998.~~64286130~~94274917 B-5 0.00000000 0.00000000 3.~~77810505~~79406250 0.00000000 ~~999~~998.~~64286237~~94274934 B-6 0.00000000 0.00000000 3.~~77810768~~79406112 0.00000000 ~~999~~998.~~64286270~~94275007 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 2310,~~274~~479,~~409~~246.9728 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 5128,~~234~~374.7736 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 2310,~~325~~507,~~644~~620.7464 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~170~~152,~~264~~075.4605 Payment of Interest and Principal 2310,~~155~~355,~~380~~545.2859 Total Withdrawals (Pool Distribution Amount) 2310,~~325~~507,~~644~~620.7464 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~165~~147,~~317~~620.1477 Master Servicing Fee 4,~~947~~454.3228 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~170~~152,~~264~~075.4605

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 3219 0 0 0 3219 124,~~267~~767,~~774~~447.8902 0.00 0.00 0.00 124,~~267~~767,~~774~~447.8902 60 Days 1 0 0 0 1 ~~341~~376,~~966~~038.0689 0.00 0.00 0.00 ~~341~~376,~~966~~038.0689 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 02 01 03 0.00 0.00 0479,067.0069 093,319.0063 0572,387.0032 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 3320 0 02 01 3323 125,~~609~~143,~~740~~485.9591 0.00 0479,067.0069 093,319.0063 125,~~609~~715,~~740~~873.9523 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 21.~~422407~~583333% 0.000000% 0.000000% 0.000000% 21.~~422407~~583333% 20.~~141517~~905902% 0.000000% 0.000000% 0.000000% 20.~~141517~~905902% 60 Days 0.~~075700~~083333% 0.000000% 0.000000% 0.000000% 0.~~075700~~083333% 0.~~059695~~071454% 0.000000% 0.000000% 0.000000% 0.~~059695~~071454% 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~~166667% 0.~~000000~~083333% 0.~~000000~~250000% 0.000000% 0.000000% 0.~~000000~~091032% 0.~~000000~~017732% 0.~~000000~~108764% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 21.~~498107~~666667% 0.000000% 0.~~000000~~166667% 0.~~000000~~083333% 21.~~498107~~916667% 20.~~201212~~977357% 0.000000% 0.~~000000~~091032% 0.~~000000~~017732% 21.~~201212~~086121%

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 2314 0 0 0 2314 93,~~062~~525,~~310~~692.9124 0.00 0.00 0.00 93,~~062~~525,~~310~~692.9124 60 Days 1 0 0 0 1 ~~341~~376,~~966~~038.0689 0.00 0.00 0.00 ~~341~~376,~~966~~038.0689 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 02 01 03 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 9~~479,~~404,276~~067.9769 ~~0.00 0.00 0.00 9~~93,~~404,276~~319.9763 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.715670% 0.000000% 0.000000% 0.000000% 3.715670% 4.500555% 0.000000% 0.000000% 0.000000% 4.500555% 60 Days 0.161551% 0.000000% 0.000000% 0.000000% 0.161551% 0.169828% 0.000000% 0.000000% 0.000000% 0.169828% 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 3.877221% 0.000000% 0.000000% 0.000000% 3.877221% 4.670383% 0.000000% 0.000000% 0.000000% 4.670383% 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 6 0 0 0 6 1572,~~846,463~~387.9932 0.00 0.00 0.00 1,846,463.99 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 615 0 02 ~~0 6~~ 1~~,846,463.99~~ ~~0.00~~18 ~~0.00 0.00 1~~3,~~846~~901,~~463~~731.9913 0~~-29 Days 0~~.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.562500% 0.000000% 0.000000% 0.000000% 1.562500% 1.186454% 0.000000% 0.000000% 0.000000% 1.186454% 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 1.562500% 0.000000% 0.000000% 0.000000% 1.562500% 1.186454% 0.000000% 0.000000% 0.000000% 1.186454% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 2 0 0 0 2 984~~479,~~000~~067.0069 ~~0.00 0.00 0.00 984~~93,~~000~~319.0063 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2 0 0 0 2 9844,~~000.00 0.00 0.00 0.00 984~~474,~~000~~118.0045 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 12.~~063830~~477876% 0.000000% 0.000000% 0.000000% 12.~~063830~~477876% 0.843948% 0.000000% 0.000000% 0.000000% 0.843948% 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 1.~~063830~~935973% 0.000000% 0.000000% 0.000000% 1.~~063830~~935973% 0.843948% 0.000000% 0.000000% 0.000000% 0.843948% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 374,999.99 0.00 0.00 0.00 374,999.99 60 Days 0 ~~0 0 0 0 0~~.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 0 0 1 374,999.99 0.00 0.00 0.00 374,999.99 0-29 Days 0.000000176991% 0.000000% 0.000000% 0.000000% 0.~~000000~~176991% 0.~~000000~~206485% 0.000000% 0.000000% ~~30 Days~~ 0.~~769231% 0.~~000000% 0.~~000000~~206485% ~~0.000000% 0.769231% 0.377754% 0.000000% 0.000000% 0.000000% 0.377754% 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~~353982% 0.~~000000~~176991% 0.~~000000~~530973% 0.000000% 0.000000% 0.~~000000~~263058% 0.~~000000~~051242% 0.~~000000~~314300% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 02.~~769231~~654867% 0.000000% 0.~~000000~~353982% 0.~~000000~~176991% 03.~~769231~~185841% 02.~~377754~~142458% 0.000000% 0.~~000000~~263058% 0.~~000000~~051242% 02.~~377754~~456758%

~~OTHER~~DELINQUENT ~~INFORMATION~~BANKRUPTCY ~~Current~~FORECLOSURE ~~Period~~REO ~~Class~~Total AGroup ~~Insufficient~~2 ~~Funds~~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 ~~Principal~~0.00 ~~Balance~~0.00 of0.00 ~~Contaminated~~30 ~~Properties~~Days 5 0 0 0 5 1,241,754.78 0.00 ~~Periodic~~0.00 ~~Advance~~0.00 511,~~234~~241,754.7778 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 5 0 0 0 5 1,241,754.78 0.00 0.00 0.00 1,241,754.78 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.501502% 0.000000% 0.000000% 0.000000% 1.501502% 0.919087% 0.000000% 0.000000% 0.000000% 0.919087% 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 1.501502% 0.000000% 0.000000% 0.000000% 1.501502% 0.919087% 0.000000% 0.000000% 0.000000% 0.919087%

~~SUBORDINATION~~DELINQUENT ~~LEVEL/CLASS~~BANKRUPTCY ~~PERCENTAGE~~FORECLOSURE ~~AND~~REO ~~PREPAYMENT~~Total ~~PERCENTAGE~~Group ~~Current~~3 ~~Original~~No $of ~~Original~~Loans %No ~~Current~~of $Loans ~~Current~~No %of ~~Class%~~Loans ~~Prepayment%~~No ~~Class~~of ALoans ~~602,265,173~~No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 990.~~99998340%~~00 ~~572,768,192~~0.5600 990.~~99999990%~~00 9430 Days 0 0 0 0 0 0.~~586449%~~00 0.~~000000%~~00 ~~Class~~0.00 1A0.00 ~~403,549,173~~0.00 6760 Days 0 0 0 0 0 0.~~00522031%~~00 ~~382,221,177~~0.8400 660.~~73226314%~~00 330.~~267737%~~00 ~~614~~0.~~527137%~~00 ~~Class~~90 XDays ~~403,549,173~~0 0 0 0 0 0.00 670.~~00522031%~~00 ~~382,221,177~~0.8400 660.~~73226314%~~00 0.~~000000%~~00 120 Days 0 0 0 0 0 0.~~000000%~~00 ~~Class~~0.00 2A0.00 ~~245,347,173~~0.00 400.~~73739330%~~00 ~~235,216,535~~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 41Days 0.~~06661964~~000000% 250.~~665644~~000000% ~~474~~0.~~100013~~000000% ~~Class~~0.000000% 3A0.000000% ~~128,503,173~~0.00000000% 210.~~33663998~~000000% ~~124,976,776~~0.53000000% 2130 Days 0.~~81978295~~000000% 190.~~246837~~000000% ~~355~~0.~~530752~~000000% ~~Class~~0.000000% ~~B-1~~0.000000% ~~17,470,173~~0.00000000% 20.~~90074387~~000000% ~~17,463,933~~0.74000000% 30.~~04904042~~000000% 20.~~364510~~000000% 4360 Days 0.~~677621~~000000% ~~Class~~0.000000% ~~B-2~~0.000000% ~~11,450,173~~0.00000000% 10.~~90118433~~000000% ~~11,446,083~~0.71000000% 10.~~99837977~~000000% 10.~~050661~~000000% 190.~~407977~~000000% ~~Class~~0.000000% ~~B-3~~90 ~~7,537,173~~Days 0.00000000% 10.~~25147063~~000000% ~~7,534,481~~0.19000000% 10.~~31545035~~000000% 0.~~682929~~000000% 120.~~615185~~000000% ~~Class~~0.000000% ~~B-4~~0.000000% ~~5,129,173~~0.00000000% 0.~~85164681~~000000% ~~5,127,341~~120 Days 0.18000000% 0.~~89518609~~000000% 0.~~420264~~000000% 70.~~763191~~000000% ~~Class~~0.000000% ~~B-5~~0.000000% ~~2,121,173~~0.00000000% 0.~~35219912~~000000% ~~2,120,415~~0.45000000% 0.~~37020482~~000000% 150 Days 0.~~524981~~000000% 90.~~697541~~000000% ~~Class~~0.000000% ~~B-6~~0.000000% 0.00000000% 0.~~00000000~~000000% 0.00000000% 0.~~00000000~~000000% 0.~~370205~~000000% 60.~~838485~~000000% ~~Class~~180 PDays 0.00000000% 0.~~00000000~~000000% 0.00000000% 0.~~00000000~~000000% 0.000000% 0.000000% ~~Please~~0.000000% ~~Refer~~0.000000% to0.000000% ~~the~~0.000000% ~~Prospectus~~Totals ~~Supplement~~0.000000% ~~for~~0.000000% a0.000000% ~~Full~~0.000000% ~~Description~~0.000000% of0.000000% ~~Loss~~0.000000% ~~Exposure~~0.000000% 0.000000% 0.000000%

~~CREDIT~~DELINQUENT ~~ENHANCEMENT~~BANKRUPTCY ~~Original~~FORECLOSURE $REO ~~Original~~Total Group 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 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% ~~Current~~0.000000% $0.000000% ~~Current~~0.000000% 0.000000% ~~Bankruptcy~~0.000000% ~~154,134~~0.00000000% 0.~~02559238~~000000% ~~154,134~~30 Days 0.00000000% 0.~~02691036~~000000% ~~Fraud~~0.000000% ~~18,067,958~~0.00000000% 20.~~99999997~~000000% ~~18,067,958~~0.00000000% 30.~~15449744~~000000% ~~Special~~0.000000% ~~Hazard~~0.000000% ~~8,557,200~~0.00000000% 160 Days 0.~~42083570~~000000% ~~7,300,000~~0.00000000% 10.~~27451211~~000000% ~~Limit~~0.000000% of0.000000% ~~Subordinate's~~0.000000% ~~Exposure~~0.000000% to0.000000% ~~Certain~~0.000000% ~~Types~~0.000000% of90 ~~Losses~~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%

~~COLLATERAL~~OTHER ~~STATEMENT~~INFORMATION ~~Collateral~~Current ~~Description~~Period ~~Mixed~~Class ~~ARM~~A ~~Weighted~~Insufficient ~~Average~~Funds Gross Coupon 4.880339% Weighted Average Net Coupon 4.546185% Weighted Average Pass-Through Rate 4.536185% Weighted Average Maturity(Stepdown Calculation ) 345 Beginning Scheduled Collateral Loan Count 1,364 Number Of Loans Paid In Full 43 Ending Scheduled Collateral Loan Count 1,321 Beginning Scheduled Collateral Balance 593,679,374.16 Ending Scheduled Collateral Balance 572,768,193.16 Ending Actual Collateral Balance at 30-Apr-2004 572,854,500.48 Monthly P &I Constant 2,520,079.07 Special Servicing Fee 0.00 ~~Prepayment~~Principal ~~Penalties~~Balance ~~0.00~~of ~~Realized~~Contaminated ~~Loss~~Properties ~~Amount~~ 0.00 ~~Cumulative~~Periodic ~~Realized~~Advance ~~Loss 0.00 Class A Optimal Amount 23~~28,~~032,658~~374.~~81 Ending Scheduled Balance for Premium Loans 572,768,193.16 Scheduled Principal 105,614.99 Unscheduled Principal 20,805,566.01~~36

~~Miscellaneous~~SUBORDINATION ~~Reporting~~LEVEL/CLASS ~~One~~PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 602,265,173.00 99.99998340% 526,184,386.90 99.99999989% 94.111308% 0.000000% Class 1A 403,549,173.00 67.00522031% 354,877,100.28 67.44348725% 32.556513% 552.864907% Class X 403,549,173.00 67.00522031% 354,877,100.28 67.44348725% 0.000000% 0.000000% Class 2A 245,347,173.00 40.73739330% 228,377,458.08 43.40255308% 24.040934% 408.255914% Class 3A 128,503,173.00 21.33663998% 123,261,294.14 23.42549438% 19.977059% 339.244403% Class B-~~Year~~1 ~~CMT~~17,470,173.00 ~~loans~~2.90074387% 5717,~~323~~451,~~430~~702.8163 ~~One~~3.31665155% 2.572041% 43.677621% Class B-~~Month~~2 ~~LIBOR~~11,450,173.00 ~~Loans~~1.90118433% 9811,~~457~~438,~~341~~067.8829 ~~One~~2.17377550% 1.142876% 19.407977% Class B-~~Year~~3 ~~LIBOR~~7,537,173.00 ~~Loans~~1.25147063% ~~227~~7,~~515~~529,~~528~~204.32 ~~Six~~1.43090607% 0.742869% 12.615185% Class B-~~Month~~4 ~~LIBOR~~5,129,173.00 ~~Loans~~0.85164681% 5,123,750.18 0.97375565% 0.457150% 7.763191% Class B-5 2,121,173.00 0.35219912% 2,~~624~~118,~~688~~930.3339 0.40269731% 0.571058% 9.697541% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.402697% 6.838485% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

~~Group~~CREDIT ~~Level~~ENHANCEMENT ~~Collateral~~Original ~~Statement~~$ ~~Group~~Original ~~Group~~% 1Current ~~Group~~$ 2Current ~~Group~~% 3Bankruptcy Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.265148 5.314729 5.107525 Weighted Average Net Rate 3.891613 4.950190 4.828790 Weighted Average Maturity 332 354 351 Beginning Loan Count 630 403 196 Loans Paid In Full 11 19 8 Ending Loan Count 619 384 188 Beginning Scheduled Balance 205154,~~358,087~~134.6100 ~~163,207,305~~0.4502559238% ~~122~~154,~~933,710~~134.2100 ~~Ending scheduled Balance 201,332,967~~0.4002929277% ~~155,589,808.14~~Fraud ~~116~~18,~~583~~067,~~428~~958.9900 ~~Record Date 04/30/2004 04/30/2004 04/30/2004 Principal And Interest Constant 764,037~~2.5099999997% ~~770~~18,~~138.66 537~~067,~~189~~958.6600 ~~Scheduled Principal 34,135.35 47,303.17 13,950.46 Unscheduled Principal~~ 3~~,990,984~~.8643376931% ~~7,570,194.14~~Special ~~6,336,330.76~~Hazard ~~Scheduled Interest 729~~8,~~902.15 722~~557,~~835~~200.4900 ~~523,239.20 Servicing Fees 63,923.59 49,579.45 28,554.96 Master Servicing Fees~~ 1~~,711~~.3442083570% 17,~~360.06 1~~300,~~024~~000.~~43 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 0.0038734637% ~~0.00~~Limit ~~0.00~~of ~~Spread~~Subordinate's ~~Fee~~Exposure 2to ~~0.00~~Certain ~~0.00~~Types ~~0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 664,267.22 671,895.98 493,659.81 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 3.881613 4.940190 4.818790~~

~~Group~~COLLATERAL ~~Level~~STATEMENT Collateral ~~Statement Group Group 4 Total Collateral~~ Description Mixed ARM ~~Mixed ARM~~ Weighted Average Gross Coupon ~~Rate 5.149572~~ 4.~~880339~~897600% Weighted Average Net ~~Rate~~Coupon 4.~~876418~~566184% Weighted Average Pass-Through Rate 4.~~546185~~556184% Weighted Average Maturity(Stepdown ~~351~~Calculation ~~345~~) 341 Beginning Scheduled Collateral Loan Count ~~135~~ 1,~~364~~221 Number Of Loans Paid In Full 521 43 Ending Scheduled Collateral Loan Count ~~130~~ 1,~~321~~200 Beginning Scheduled Collateral Balance ~~102~~534,~~180~~510,~~270~~492.8984 ~~593,679,374.16~~ Ending ~~scheduled~~Scheduled Collateral Balance 99526,~~261~~184,~~988~~387.6350 ~~572,768,193.16~~Ending ~~Record~~Actual ~~Date~~Collateral ~~04/30/2004~~Balance ~~04/30/~~at 31-Aug-2004 ~~Principal And Interest Constant 448~~526,~~713.25 2~~264,~~520,079~~924.0746 ~~Scheduled~~Monthly ~~Principal~~P ~~10,226.01~~&I ~~105,614.99~~Constant ~~Unscheduled Principal~~ 2,~~908~~275,~~056~~513.2568 ~~20,805,566.01~~Special ~~Scheduled Interest 438,487.24 2,414,464.08~~ Servicing ~~Fees 23,259.14 165,317.14 Master Servicing Fees 851.49 4,947.32 Trustee~~ Fee 0.00 ~~0.00~~Prepayment ~~FRY~~Penalties ~~Amount~~ 0.00 ~~0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 414,376.61 2,244,199.62~~ Realized Loss Amount 0.00 ~~0.00~~ Cumulative Realized Loss 0.00 ~~0.00~~Class ~~Percentage~~A ofOptimal ~~Cumulative~~Amount ~~Losses 0~~10,232,312.~~0000~~08 ~~0.0000~~Ending ~~Prepayment~~Scheduled ~~Penalties~~Balance ~~0.00~~for ~~0.00~~Premium ~~Special~~Loans ~~Servicing~~526,184,387.50 ~~Fee~~Scheduled ~~0.00~~Principal 093,998.0041 ~~Pass-Through~~Unscheduled ~~Rate~~Principal 48,232,106.~~866418 4.536185~~93

Miscellaneous Reporting ~~Group~~One-Year ~~Group~~CMT 1loans ~~Available Funds 4~~55,~~689~~904,~~387~~081.4393 ~~Senior~~One-Month %LIBOR ~~94.75~~Loans ~~Senior Prepayment % 100~~92,379,102.0021 ~~Subordinate~~One-Year %LIBOR ~~5.25~~Loans ~~Subordinate Prepayment % 0.00 Group Group 2 Available Funds 8~~209,~~289~~509,~~393~~428.3083 ~~Senior~~Six-Month %LIBOR ~~94.74~~Loans ~~Senior Prepayment % 100.00 Subordinate % 5.26 Subordinate Prepayment % 0.00 Group Group 3 Available Funds 6~~153,~~843~~614,~~941~~262.~~00 Senior % 94.84 Senior Prepayment % 100.00 Subordinate % 5.16 Subordinate Prepayment % 0.00~~28

~~Miscellaneous~~Group ~~Reporting~~Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.395343 ~~Available~~5.265530 ~~Funds~~5.072923 Weighted Average Net Rate 4.021961 4.902352 4.798174 Weighted Average Maturity 328 350 347 Beginning Loan Count 574 345 176 Loans Paid In Full 9 12 0 Ending Loan Count 565 333 176 Beginning Scheduled Balance 185,773,403.56 139,654,233.30 111,481,349.79 Ending scheduled Balance 182,085,973.30 135,074,876.65 111,457,271.88 Record Date 08/31/2004 08/31/2004 08/31/2004 Principal And Interest Constant 712,571.97 654,519.70 482,253.71 Scheduled Principal 32,123.78 41,725.02 10,973.46 Unscheduled Principal 3,~~332~~655,~~658~~306.8648 ~~Senior~~4,537,631.63 %13,104.45 94Scheduled Interest 680,448.8219 ~~Senior~~612,794.68 ~~Prepayment~~471,280.25 %Servicing ~~100~~Fees 57,803.64 42,266.21 25,524.50 Master Servicing Fees 1,548.13 1,163.78 929.02 Trustee Fee 0.00 ~~Subordinate~~0.00 %0.00 5FRY Amount 0.1800 ~~Subordinate~~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 621,096.42 569,364.69 444,826.73 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 4.011961 4.892352 4.788174

Filing Compare · GREENWICH CAPITAL ACCEP MORT LOAN PASS-THR CERTS SER 2004-1