8-K 1 bsa03ac6_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 27, 2004 BEAR STEARNS ASSET BACKED SECURITIES TRUST Asset Backed Certificates, Series 2003-AC6 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-91334-14 54-2132827 Pooling and Servicing Agreement) (Commission 54-2132828 (State or other File Number) 54-2132829 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 September 27, 2004 a distribution was made to holders of BEAR STEARNS ASSET BACKED SECURITIES TRUST, Asset Backed Certificates, Series 2003-AC6 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2003-AC6 Trust, relating to the September 27, 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. BEAR STEARNS ASSET BACKED SECURITIES TRUST Asset Backed Certificates, Series 2003-AC6 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: 9/23/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2003-AC6 Trust, relating to the September 27, 2004 distribution. EX-99.1

Bear Stearns Asset Backed Securities ~~Asset~~Mortgage Pass-~~Backed~~Through Certificates Record Date: 28/2931/2004 Distribution Date: 39/2527/2004 BSA Series: 2003-AC6 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 A-1 07384YNH5 SEN 5.25000% 5645,~~434~~663,~~775~~725.1277 ~~246~~199,~~902~~778.1480 1,~~464~~757,~~200~~807.4347 A-2 07384YNU6 SEN 5.00000% ~~233~~188,~~495~~931,~~669~~065.0460 ~~972~~787,~~898~~212.6277 67,~~058~~272,~~045~~828.9033 A-3 07384YNV4 SEN 5.00000% 43,~~702~~805,~~897~~310.9348 1915,~~595~~855.4146 ~~122~~146,~~016~~483.7096 A-4 07384YNW2 SEN 12.~~69000~~21500% 2117,~~654~~521,~~414~~488.4918 3032,~~496~~341.6375 ~~561~~674,~~823~~482.8691 A-5 07384YNX0 SEN 65.~~31000~~78500% 0.00 ~~113~~84,~~866~~468.1317 0.00 M-1 07384YNJ1 MEZ 5.38500% 2621,~~201~~200,~~725~~906.5181 ~~117~~95,~~580~~139.2407 ~~679~~816,~~803~~120.8571 M-2 07384YNK8 MEZ 23.~~74000~~26500% 2218,~~458~~171,~~218~~879.7667 4954,~~570~~386.2892 ~~582~~699,~~678~~519.5648 BA 07384YNL6 SUB 34.~~74000~~26500% 53,~~358~~572,~~371~~248.6406 1613,~~143~~966.5800 ~~242~~291,~~802~~490.9876 BB 07384YNN2 SUB 45.~~59000~~11500% 4,000,000.00 1418,~~790~~755.00 0.00 C 07384YNP7 OC 0.00000% 12,~~050~~785,~~671~~668.5900 0246,620.0275 0.00 P 07384YNQ5 SEN 0.00000% 100.00 116,~~523~~707.5864 0.00 R-1 07384YNR3 RES 0.00000% 0.00 0.00 0.00 R-2 07384YNS1 RES 0.00000% 0.00 0.00 0.00 R-3 07384YNT9 RES 0.00000% 0.00 0.00 0.00 Totals ~~375~~305,~~356~~652,~~844~~392.0857 1,~~583~~565,~~366~~232.6333 911,~~711~~658,~~372~~733.2862

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 5443,~~970~~905,~~574~~918.6930 1,~~711~~957,~~102~~586.5727 0.00 A-2 0.00 ~~227~~181,~~437~~658,~~623~~237.1427 78,~~030~~060,~~944~~041.5210 0.00 A-3 0.00 43,~~580~~658,~~881~~826.2253 ~~141~~162,~~612~~339.1142 0.00 A-4 0.00 2116,~~092~~847,~~590~~005.6427 ~~592~~706,~~320~~824.4966 0.00 A-5 0.00 0.00 ~~113~~84,~~866~~468.1317 0.00 M-1 0.00 2520,~~521~~384,~~921~~786.6510 ~~797~~911,~~384~~259.0978 0.00 M-2 0.00 2117,~~875~~472,~~540~~360.2019 ~~632~~753,~~248~~906.8440 0.00 BA 0.00 53,~~115~~280,~~568~~757.6630 ~~258~~305,~~946~~456.5676 0.00 BB 0.00 4,000,000.00 1418,~~790~~755.00 0.00 C 0.00 12,~~394~~785,~~983~~668.0400 0246,620.0275 0.00 P 0.00 100.00 116,~~523~~707.5864 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 Totals 0.00 ~~365~~293,~~989~~993,~~783~~658.2496 1113,~~294~~223,~~738~~965.9195 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 60,000,000.00 5645,~~434~~663,~~775~~725.1277 0.00 1,~~464~~757,~~200~~807.4347 0.00 0.00 A-2 248,246,584.00 ~~233~~188,~~495~~931,~~669~~065.0460 0.00 67,~~058~~272,~~045~~828.9033 0.00 0.00 A-3 5,000,000.00 43,~~702~~805,~~897~~310.9348 0.00 ~~122~~146,~~016~~483.7096 0.00 0.00 A-4 23,022,416.00 2117,~~654~~521,~~414~~488.4918 0.00 ~~561~~674,~~823~~482.8691 0.00 0.00 A-5 0.00 0.00 0.00 0.00 0.00 0.00 M-1 27,857,000.00 2621,~~201~~200,~~725~~906.5181 0.00 ~~679~~816,~~803~~120.8571 0.00 0.00 M-2 23,877,000.00 2218,~~458~~171,~~218~~879.7667 0.00 ~~582~~699,~~678~~519.5648 0.00 0.00 BA 5,949,579.80 53,~~358~~572,~~371~~248.6406 0.00 ~~242~~291,~~802~~490.9876 0.00 0.00 BB 4,000,000.00 4,000,000.00 0.00 0.00 0.00 0.00 C 0.00 12,~~050~~785,~~671~~668.5900 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 0.00 Totals 397,952,679.80 ~~375~~305,~~356~~652,~~844~~392.0857 0.00 911,~~711~~658,~~372~~733.2862 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 1,~~464~~757,~~200~~807.4347 5443,~~970~~905,~~574~~918.6930 0.~~91617624~~73176530 1,~~464~~757,~~200~~807.4347 A-2 67,~~058~~272,~~045~~828.9033 ~~227~~181,~~437~~658,~~623~~237.1427 0.~~91617624~~73176531 67,~~058~~272,~~045~~828.9033 A-3 ~~122~~146,~~016~~483.7096 43,~~580~~658,~~881~~826.2253 0.~~91617624~~73176531 ~~122~~146,~~016~~483.7096 A-4 ~~561~~674,~~823~~482.8691 2116,~~092~~847,~~590~~005.6427 0.~~91617624~~73176531 ~~561~~674,~~823~~482.8691 A-5 0.00 0.00 0.00000000 0.00 M-1 ~~679~~816,~~803~~120.8571 2520,~~521~~384,~~921~~786.6510 0.~~91617624~~73176530 ~~679~~816,~~803~~120.8571 M-2 ~~582~~699,~~678~~519.5648 2117,~~875~~472,~~540~~360.2019 0.~~91617624~~73176531 ~~582~~699,~~678~~519.5648 BA ~~242~~291,~~802~~490.9876 53,~~115~~280,~~568~~757.6630 0.~~85982016~~55142672 ~~242~~291,~~802~~490.9876 BB 0.00 4,000,000.00 1.00000000 0.00 C 0.00 12,~~394~~785,~~983~~668.0400 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 R-3 0.00 0.00 0.00000000 0.00 Totals 911,~~711~~658,~~372~~733.2862 ~~365~~293,~~989~~993,~~783~~658.2496 0.~~91968167~~73876537 911,~~711~~658,~~372~~733.2862

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 60,000,000.00 ~~940~~761.~~57958533~~06209617 0.00000000 2429.~~40334050~~29679117 0.00000000 A-2 248,246,584.00 ~~940~~761.~~57958534~~06209623 0.00000000 2429.~~40334043~~29679117 0.00000000 A-3 5,000,000.00 ~~940~~761.~~57958600~~06209600 0.00000000 2429.~~40334000~~29679200 0.00000000 A-4 23,022,416.00 ~~940~~761.~~57958513~~06209618 0.00000000 2429.~~40334064~~29679101 0.00000000 A-5 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M-1 27,857,000.00 ~~940~~761.~~57958538~~06209606 0.00000000 2429.~~40334027~~29679111 0.00000000 M-2 23,877,000.00 ~~940~~761.~~57958538~~06209616 0.00000000 2429.~~40334045~~29679105 0.00000000 BA 5,949,579.80 ~~900~~600.~~63026636~~42022800 0.00000000 4048.~~81010561~~99350371 0.00000000 BB 4,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000

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 2429.~~40334050~~29679117 ~~916~~731.~~17624483~~76530500 0.~~91617624~~73176530 2429.~~40334050~~29679117 A-2 0.00000000 2429.~~40334043~~29679117 ~~916~~731.~~17624491~~76530506 0.~~91617624~~73176531 2429.~~40334043~~29679117 A-3 0.00000000 2429.~~40334000~~29679200 ~~916~~731.~~17624400~~76530600 0.~~91617624~~73176531 2429.~~40334000~~29679200 A-4 0.00000000 2429.~~40334064~~29679101 ~~916~~731.~~17624493~~76530517 0.~~91617624~~73176531 2429.~~40334064~~29679101 A-5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M-1 0.00000000 2429.~~40334027~~29679111 ~~916~~731.~~17624475~~76530495 0.~~91617624~~73176530 2429.~~40334027~~29679111 M-2 0.00000000 2429.~~40334045~~29679105 ~~916~~731.~~17624492~~76530511 0.~~91617624~~73176531 2429.~~40334045~~29679105 BA 0.00000000 4048.~~81010561~~99350371 ~~859~~551.~~82016074~~42672429 0.~~85982016~~55142672 4048.~~81010561~~99350371 BB 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 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 A-1 60,000,000.00 5.25000% 5645,~~434~~663,~~775~~725.1277 ~~246~~199,~~902~~778.1480 0.00 0.00 A-2 248,246,584.00 5.00000% ~~233~~188,~~495~~931,~~669~~065.0460 ~~972~~787,~~898~~212.6277 0.00 0.00 A-3 5,000,000.00 5.00000% 43,~~702~~805,~~897~~310.9348 1915,~~595~~855.4146 0.00 0.00 A-4 23,022,416.00 12.~~69000~~21500% 2117,~~654~~521,~~414~~488.4918 3032,~~496~~341.6375 0.00 0.00 A-5 0.00 65.~~31000~~78500% 2117,~~654~~521,~~414~~488.4918 ~~113~~84,~~866~~468.1317 0.00 0.00 M-1 27,857,000.00 5.38500% 2621,~~201~~200,~~725~~906.5181 ~~117~~95,~~580~~139.2407 0.00 0.00 M-2 23,877,000.00 23.~~74000~~26500% 2218,~~458~~171,~~218~~879.7667 4954,~~570~~386.2892 0.00 0.00 BA 5,949,579.80 34.~~74000~~26500% 53,~~358~~572,~~371~~248.6406 1613,~~143~~966.5800 0.00 0.00 BB 4,000,000.00 45.~~59000~~11500% 4,000,000.00 1418,~~790~~755.00 0.00 0.00 C 0.00 0.00000% 12,~~050~~785,~~671~~668.5900 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 R-2 0.00 0.00000% 0.00 0.00 0.00 0.00 R-3 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 397,952,679.80 1,~~581~~301,~~843~~903.0394 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 0.00 0.00 ~~246~~199,~~902~~778.1480 0.00 5443,~~970~~905,~~574~~918.6930 A-2 0.00 0.00 ~~972~~787,~~898~~212.6277 0.00 ~~227~~181,~~437~~658,~~623~~237.1427 A-3 0.00 0.00 1915,~~595~~855.4146 0.00 43,~~580~~658,~~881~~826.2253 A-4 0.00 0.00 3032,~~496~~341.6375 0.00 2116,~~092~~847,~~590~~005.6427 A-5 0.00 0.00 ~~113~~84,~~866~~468.1317 0.00 2116,~~092~~847,~~590~~005.6427 M-1 0.00 0.00 ~~117~~95,~~580~~139.2407 0.00 2520,~~521~~384,~~921~~786.6510 M-2 0.00 0.00 4954,~~570~~386.2892 0.00 2117,~~875~~472,~~540~~360.2019 BA 0.00 0.00 1613,~~143~~966.5800 0.00 53,~~115~~280,~~568~~757.6630 BB 0.00 0.00 1418,~~790~~755.00 0.00 4,000,000.00 C 0.00 0.00 0246,620.0275 0.00 12,~~394~~785,~~983~~668.0400 P 0.00 0.00 116,~~523~~707.5864 0.00 100.00 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1,~~583~~565,~~366~~232.6333 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 60,000,000.00 5.25000% ~~940~~761.~~57958533~~06209617 43.~~11503567~~32964667 0.00000000 0.00000000 A-2 248,246,584.00 5.00000% ~~940~~761.~~57958534~~06209623 3.~~91908160~~17109205 0.00000000 0.00000000 A-3 5,000,000.00 5.00000% ~~940~~761.~~57958600~~06209600 3.~~91908200~~17109200 0.00000000 0.00000000 A-4 23,022,416.00 12.~~69000~~21500% ~~940~~761.~~57958513~~06209618 1.~~32464942~~40479392 0.00000000 0.00000000 A-5 0.00 65.~~31000~~78500% ~~940~~761.~~57958513~~06209618 43.~~94588101~~66895334 0.00000000 0.00000000 M-1 27,857,000.00 5.38500% ~~940~~761.~~57958538~~06209606 43.~~22085077~~41526618 0.00000000 0.00000000 M-2 23,877,000.00 23.~~74000~~26500% ~~940~~761.~~57958538~~06209616 2.~~07606818~~27779537 0.00000000 0.00000000 BA 5,949,579.80 34.~~74000~~26500% ~~900~~600.~~63026636~~42022800 2.~~71339835~~34739267 0.00000000 0.00000000 BB 4,000,000.00 45.~~59000~~11500% 1000.00000000 34.~~69750000~~68875000 0.00000000 0.00000000 C 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 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 0.00000000 0.00000000 43.~~11503567~~32964667 0.00000000 ~~916~~731.~~17624483~~76530500 A-2 0.00000000 0.00000000 3.~~91908160~~17109205 0.00000000 ~~916~~731.~~17624491~~76530506 A-3 0.00000000 0.00000000 3.~~91908200~~17109200 0.00000000 ~~916~~731.~~17624400~~76530600 A-4 0.00000000 0.00000000 1.~~32464942~~40479392 0.00000000 ~~916~~731.~~17624493~~76530517 A-5 0.00000000 0.00000000 43.~~94588101~~66895334 0.00000000 ~~916~~731.~~17624493~~76530517 M-1 0.00000000 0.00000000 43.~~22085077~~41526618 0.00000000 ~~916~~731.~~17624475~~76530495 M-2 0.00000000 0.00000000 2.~~07606818~~27779537 0.00000000 ~~916~~731.~~17624492~~76530511 BA 0.00000000 0.00000000 2.~~71339835~~34739267 0.00000000 ~~859~~551.~~82016074~~42672429 BB 0.00000000 0.00000000 34.~~69750000~~68875000 0.00000000 1000.00000000 C 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 ~~15235~~167076.~~80000000~~40000000 0.00000000 1000.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 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 1113,~~351~~285,~~772~~405.3407 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~117~~34,~~002~~145.3527 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 1113,~~468~~319,~~774~~550.6934 Withdrawals Reimbursement for Servicer Advances 9531,~~836~~906.4883 Payment of Service Fee 7863,~~199~~677.3056 Payment of Interest and Principal 1113,~~294~~223,~~738~~965.9195 Total Withdrawals (Pool Distribution Amount) 1113,~~468~~319,~~774~~550.6934 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 7863,~~199~~677.3056 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 7863,~~199~~677.3056

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 5712 1 0 0 58 13 1,~~386~~841,~~007~~282.8637 135,~~995~~508.1845 0.00 0.00 131,~~522~~976,~~003~~790.0482 60 Days 144 0 0 0 144 2605,~~342,430~~812.7406 0.00 0.00 0.00 2605,~~342,430~~812.7406 90 Days 62 01 01 0 64 1203,~~639,387~~476.1496 0139,484.0081 0153,696.0014 0.00 1496,~~639,387~~657.1491 120 Days 2 0 0 1 0 21 ~~906,849.53~~ 0.00 0.00 172,381.27 0.00 ~~906~~172,~~849~~381.5327 150 Days 0 01 0 0 01 0.00 0327,317.0065 0.00 0.00 0327,317.0065 180+ Days 01 02 02 0 05 0469,575.0011 0316,554.0004 0827,651.0047 0.00 01,613,780.0062 Totals 7919 15 04 0 8028 183,~~274~~120,~~675~~146.2750 ~~135~~918,~~995~~864.1895 01,153,728.0088 0.00 185,~~410~~192,~~670~~740.4533 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 31.~~928325~~009251% 0.~~068918~~084104% 0.000000% 0.000000% 31.~~997243~~093356% 30.~~653812~~625631% 0.~~037121~~046043% 0.000000% 0.000000% 30.~~690933~~671674% 60 Days 0.~~964852~~336417% 0.000000% 0.000000% 0.000000% 0.~~964852~~336417% 0.~~639384~~205843% 0.000000% 0.000000% 0.000000% 0.~~639384~~205843% 90 Days 0.~~413508~~168209% 0.~~000000~~084104% 0.~~000000~~084104% 0.000000% 0.~~413508~~336417% 0.~~447483~~069137% 0.~~000000~~047394% 0.~~000000~~052223% 0.000000% 0.~~447483~~168754% 120 Days 0.~~137836~~000000% 0.000000% 0.~~000000~~084104% 0.000000% 0.~~137836~~084104% 0.~~247531~~000000% 0.000000% 0.~~000000~~058572% 0.000000% 0.~~247531~~058572% 150 Days 0.000000% 0.~~000000~~084104% 0.000000% 0.000000% 0.~~000000~~084104% 0.000000% 0.~~000000~~111216% 0.000000% 0.000000% 0.~~000000~~111216% 180+ Days 0.~~000000~~084104% 0.~~000000~~168209% 0.~~000000~~168209% 0.000000% 0.~~000000~~420521% 0.~~000000~~159552% 0.~~000000~~107559% 0.~~000000~~281219% 0.000000% 0.~~000000~~548330% Totals 51.~~444521~~597981% 0.~~068918~~420521% 0.~~000000~~336417% 0.000000% 52.~~513439~~354920% 41.~~988210~~060163% 0.~~037121~~312212% 0.~~000000~~392014% 0.000000% 51.~~025331~~764388%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~117~~34,~~002~~145.3527

COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.~~407836~~349708% Weighted Average Net Coupon 6.~~157836~~099708% Weighted Average Pass-Through Rate 6.~~157836~~099708% Weighted Average Maturity(Stepdown Calculation ) ~~343~~337 Beginning Scheduled Collateral Loan Count 1,~~485~~233 Number Of Loans Paid In Full 3444 Ending Scheduled Collateral Loan Count 1,~~451~~189 Beginning Scheduled Collateral Balance ~~375~~305,~~356~~652,~~744~~292.0858 Ending Scheduled Collateral Balance ~~365~~293,~~989~~993,~~683~~558.2596 Ending Actual Collateral Balance at 2931-~~Feb~~Aug-2004 ~~366~~294,~~357~~308,~~364~~220.0974 Monthly P &I Constant 21,~~411~~964,~~792~~247.3621 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 ~~365~~293,~~989~~993,~~683~~558.2596 Scheduled Principal ~~407~~346,~~438~~911.5559 Unscheduled Principal 811,~~959~~311,~~622~~822.2803 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount ~~344,311~~0.4500 Overcollateralized reduction Amount 0.00 Specified O/C Amount 2,785,668.00 Overcollateralized Amount 12,~~394~~785,~~983~~668.0400 Overcollateralized Deficiency Amount ~~1,390,684~~0.9600 Base Overcollateralized Amount 0.00 Extra principal distribution Amount ~~344,311~~0.4500 Excess Cash Amount ~~345~~263,~~835~~328.0539

Miscellaneous Reporting Net WAC Rate Carryover Amount Class A-1 0.00 Net WAC Rate Carryover Amount Class A-2 0.00 Net WAC Rate Carryover Amount Class A-3 0.00 Net WAC Rate Carryover Amount Class A-4 0.00 Net WAC Rate Carryover Amount Class A-5 0.00 Net WAC Rate Carryover Amount Class BA 0.00 Net WAC Rate Carryover Amount Class BB 0.00 Net WAC Rate Carryover Amount Class M-1 0.00 Net WAC Rate Carryover Amount Class M-2 0.00 Three month rolling average 0.~~012190~~009162%

Filing Compare · BEAR STEARNS ASSET BACKED CERTS SERIES 2003-AC6