8-K 1 dms04001_sep.txt SEPT. 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 DEUTSCHE MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2004-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-100675-03 54-2142325 Pooling and Servicing Agreement) (Commission 54-2142326 (State or other File Number) 54-2142327 jurisdiction 54-2142328 of Incorporation) 54-2142329 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 27, 2004 a distribution was made to holders of DEUTSCHE MORTGAGE SECURITIES, INC., Mortgage 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 Pass-Through Certificates, Series 2004-1 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. DEUTSCHE MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2004-1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 10/4/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-1 Trust, relating to the September 27, 2004 distribution. EX-99.1

Deutsche Mortgage Securities Mortgage Pass-Through Certificates Record Date: 78/31/~~2004~~04 Distribution Date: 89/2527/~~2004~~04 DMS 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 I-A-1 251563CG5 SEN 5.50000% 5250,~~088~~654,~~104~~387.5026 ~~238~~232,~~737~~165.1395 1877,~~433,717~~921.2367 I-A-PO 251563CJ9 SEN 0.00000% ~~480~~478,~~606~~515.1612 0.00 ~~2,091~~690.0561 I-A-X 251563CH3 SEN 5.50000% 0.00 6,~~705~~584.3686 0.00 II-A-1 251563CK6 SEN 4.75000% 52,~~628~~045,~~309~~306.7846 ~~208~~206,~~320~~012.3868 ~~583~~257,~~003~~797.3231 II-A-2 251563CV2 SEN 4.75000% 3635,~~152~~730,~~248~~803.4977 ~~143~~141,~~102~~434.6444 ~~421~~186,~~444~~357.7297 II-A-3 251563CW0 SEN 4.75000% 1,892,000.00 7,489.17 0.00 II-A-PO 251563CM2 SEN 0.00000% 1,~~116~~077,~~857~~609.9501 0.00 395,~~248~~805.9335 II-A-X 251563CL4 SEN 4.75000% 0.00 15,~~782~~708.8783 0.00 M 251563CN0 SEN 5.~~01908~~01962% 2,~~112~~105,~~220~~595.4804 8,~~834~~807.5074 6,~~625~~661.4474 B-1 251563CP5 SUB 5.~~01908~~01962% ~~704~~701,~~073~~865.4901 2,~~944~~935.8391 2,~~208~~220.4858 B-2 251563CQ3 SUB 5.~~01908~~01962% ~~439~~438,~~923~~543.1927 1,~~840~~834.0143 1,~~379~~387.9247 B-3 251510DA7 SUB 5.~~01908~~01962% ~~351~~350,~~545~~443.7606 1,~~470~~465.3691 1,~~102~~108.7074 B-4 251510DC3 SUB 5.~~01908~~01962% ~~351~~350,~~545~~443.7606 1,~~470~~465.3691 1,~~102~~108.7074 B-5 251563DE9 SUB 5.~~01908~~01962% ~~176~~175,~~080~~528.5221 ~~736~~734.4724 ~~552~~555.3234 R 251563CR1 SEN 5.50000% 0.00 0.00 0.00 III-A-1 251563BW1 SEN 1.~~64000~~80500% 7263,~~914~~645,~~335~~511.5710 99105,~~649~~306.6082 98,~~268~~093,~~824~~799.4702 III-A-2 251563BX9 SEN 3.11000% 27,432,000.00 71,094.61 0.00 III-A-3 251563BY7 SEN 3.69000% 58,418,000.00 179,635.3638 0.00 III-A-4 251563BZ4 SEN 4.96000% 38,268,000.00 158,174.4143 0.00 III-A-5 251563CA8 SEN 5.66000% 28,381,000.00 133,863.7374 0.00 III-A-6 251563CB6 SEN 4.74000% 30,953,000.00 122,264.3637 0.00 III-M-1 251563CD2 SEN 5.17000% 7,429,000.00 32,006.61 0.00 III-M-2 251563CE0 SEN 5.77000% 4,643,000.00 22,325.09 0.00 III-M-3 251563CF7 SEN 6.40000% 2,322,000.00 12,384.00 0.00 III-A-IO 251563CC4 SEN 4.50000% 0.00 116,075.25 0.00 III-CE 251563CT7 SEN 0.00000% 1,083,386.00 ~~661~~599,~~205~~223.6440 0.00 III-P CU4251563 SEN 0.00000% 100.00 ~~130~~56,~~137~~577.3242 0.00 III-R 251563CS9 SEN 0.00000% 0.00 0.00 0.00 Totals ~~420~~408,~~337~~576,~~337~~036.6537 2,~~376~~235,~~250~~571.0619 119,~~761~~435,~~301~~414.2854

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 5049,~~654~~776,~~387~~465.2660 1,~~672~~110,~~454~~087.3662 0.00 I-A-PO 0.00 ~~478~~477,~~515~~824.1251 ~~2,091~~690.0561 0.00 I-A-X 0.00 0.00 6,~~705~~584.3686 0.00 II-A-1 0.00 5251,~~045~~787,~~306~~509.4615 ~~791~~463,~~323~~809.7099 0.00 II-A-2 0.00 35,~~730~~544,~~803~~445.7780 ~~564~~327,~~547~~792.3641 0.00 II-A-3 0.00 1,892,000.00 7,489.17 0.00 II-A-PO 0.00 1,~~077~~071,~~609~~803.0167 395,~~248~~805.9335 0.00 II-A-X 0.00 0.00 15,~~782~~708.8783 0.00 M 0.00 2,~~105~~098,~~595~~933.0430 15,~~459~~469.9448 0.00 B-1 0.00 ~~701~~699,~~865~~644.0143 5,~~153~~156.3149 0.00 B-2 0.00 ~~438~~437,~~543~~155.2780 3,~~219~~221.9390 0.00 B-3 0.00 ~~350~~349,~~443~~334.0632 2,~~573~~574.0665 0.00 B-4 0.00 ~~350~~349,~~443~~334.0632 2,~~573~~574.0665 0.00 B-5 0.00 ~~175~~174,~~528~~972.2187 1,~~288~~289.7958 0.00 R 0.00 0.00 0.00 0.00 III-A-1 0.00 6355,~~645~~551,~~511~~712.1008 98,~~368~~199,~~474~~105.0784 0.00 III-A-2 0.00 27,432,000.00 71,094.61 0.00 III-A-3 0.00 58,418,000.00 179,635.3638 0.00 III-A-4 0.00 38,268,000.00 158,174.4143 0.00 III-A-5 0.00 28,381,000.00 133,863.7374 0.00 III-A-6 0.00 30,953,000.00 122,264.3637 0.00 III-M-1 0.00 7,429,000.00 32,006.61 0.00 III-M-2 0.00 4,643,000.00 22,325.09 0.00 III-M-3 0.00 2,322,000.00 12,384.00 0.00 III-A-IO 0.00 0.00 116,075.25 0.00 III-CE 0.00 1,083,386.00 ~~661~~599,~~205~~223.6440 0.00 III-P 0.00 100.00 ~~130~~56,~~137~~577.3242 0.00 III-R 0.00 0.00 0.00 0.00 Totals 0.00 ~~408~~399,~~576~~140,~~036~~621.3785 1411,~~137~~670,~~551~~985.3473 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) I-A-1 61,561,000.00 5250,~~088~~654,~~104~~387.5026 5857,~~855~~641.8246 1820,~~374,861~~280.4120 0.00 0.00 I-A-PO 487,900.00 ~~480~~478,~~606~~515.1612 ~~575~~576.3987 ~~1,515~~113.6674 0.00 0.00 I-A-X 0.00 0.00 0.00 0.00 0.00 0.00 II-A-1 64,867,800.00 52,~~628~~045,~~309~~306.7846 ~~224~~223,~~171~~841.9809 ~~358~~33,~~831~~956.3422 0.00 0.00 II-A-2 45,000,000.00 3635,~~152~~730,~~248~~803.4977 ~~162~~161,~~050~~811.7051 ~~259~~24,~~394~~546.0246 0.00 0.00 II-A-3 1,892,000.00 1,892,000.00 0.00 0.00 0.00 0.00 II-A-PO 1,172,299.97 1,~~116~~077,~~857~~609.9501 54,~~094~~974.1739 ~~34,154~~830.7696 0.00 0.00 II-A-X 0.00 0.00 0.00 0.00 0.00 0.00 M 2,151,000.00 2,~~112~~105,~~220~~595.4804 6,~~625~~661.4474 0.00 0.00 0.00 B-1 717,000.00 ~~704~~701,~~073~~865.4901 2,~~208~~220.4858 0.00 0.00 0.00 B-2 448,000.00 ~~439~~438,~~923~~543.1927 1,~~379~~387.9247 0.00 0.00 0.00 B-3 358,000.00 ~~351~~350,~~545~~443.7606 1,~~102~~108.7074 0.00 0.00 0.00 B-4 358,000.00 ~~351~~350,~~545~~443.7606 1,~~102~~108.7074 0.00 0.00 0.00 B-5 179,313.32 ~~176~~175,~~080~~528.5221 ~~552~~555.3234 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 III-A-1 110,605,000.00 7263,~~914~~645,~~335~~511.5710 0.00 98,~~268~~093,~~824~~799.4702 0.00 0.00 III-A-2 27,432,000.00 27,432,000.00 0.00 0.00 0.00 0.00 III-A-3 58,418,000.00 58,418,000.00 0.00 0.00 0.00 0.00 III-A-4 38,268,000.00 38,268,000.00 0.00 0.00 0.00 0.00 III-A-5 28,381,000.00 28,381,000.00 0.00 0.00 0.00 0.00 III-A-6 30,953,000.00 30,953,000.00 0.00 0.00 0.00 0.00 III-M-1 7,429,000.00 7,429,000.00 0.00 0.00 0.00 0.00 III-M-2 4,643,000.00 4,643,000.00 0.00 0.00 0.00 0.00 III-M-3 2,322,000.00 2,322,000.00 0.00 0.00 0.00 0.00 III-A-IO 0.00 0.00 0.00 0.00 0.00 0.00 III-CE 1,087,886.12 1,083,386.00 0.00 0.00 0.00 0.00 III-P 100.00 100.00 0.00 0.00 0.00 0.00 III-R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 488,731,399.41 ~~420~~408,~~337~~576,~~337~~036.6537 ~~463~~461,~~719~~887.6293 118,~~297~~973,~~581~~526.6660 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 I-A-1 1877,~~433,717~~921.2367 5049,~~654~~776,~~387~~465.2660 0.~~82283243~~80857143 1877,~~433,717~~921.2367 I-A-PO ~~2,091~~690.0561 ~~478~~477,~~515~~824.1251 0.~~98076475~~97934927 ~~2,091~~690.0561 I-A-X 0.00 0.00 0.00000000 0.00 II-A-1 ~~583~~257,~~003~~797.3231 5251,~~045~~787,~~306~~509.4615 0.~~80232884~~79835464 ~~583~~257,~~003~~797.3231 II-A-2 ~~421~~186,~~444~~357.7297 35,~~730~~544,~~803~~445.7780 0.~~79401786~~78987657 ~~421~~186,~~444~~357.7297 II-A-3 0.00 1,892,000.00 1.00000000 0.00 II-A-PO 395,~~248~~805.9335 1,~~077~~071,~~609~~803.0167 0.~~91922634~~91427425 395,~~248~~805.9335 II-A-X 0.00 0.00 0.00000000 0.00 M 6,~~625~~661.4474 2,~~105~~098,~~595~~933.0430 0.~~97889123~~97579419 6,~~625~~661.4474 B-1 2,~~208~~220.4858 ~~701~~699,~~865~~644.0143 0.~~97889123~~97579418 2,~~208~~220.4858 B-2 1,~~379~~387.9247 ~~438~~437,~~543~~155.2780 0.~~97889123~~97579420 1,~~379~~387.9247 B-3 1,~~102~~108.7074 ~~350~~349,~~443~~334.0632 0.~~97889123~~97579419 1,~~102~~108.7074 B-4 1,~~102~~108.7074 ~~350~~349,~~443~~334.0632 0.~~97889123~~97579419 1,~~102~~108.7074 B-5 ~~552~~555.3234 ~~175~~174,~~528~~972.2187 0.~~97889108~~97579405 ~~552~~555.3234 R 0.00 0.00 0.00000000 0.00 III-A-1 98,~~268~~093,~~824~~799.4702 6355,~~645~~551,~~511~~712.1008 0.~~57543069~~50225317 98,~~268~~093,~~824~~799.4702 III-A-2 0.00 27,432,000.00 1.00000000 0.00 III-A-3 0.00 58,418,000.00 1.00000000 0.00 III-A-4 0.00 38,268,000.00 1.00000000 0.00 III-A-5 0.00 28,381,000.00 1.00000000 0.00 III-A-6 0.00 30,953,000.00 1.00000000 0.00 III-M-1 0.00 7,429,000.00 1.00000000 0.00 III-M-2 0.00 4,643,000.00 1.00000000 0.00 III-M-3 0.00 2,322,000.00 1.00000000 0.00 III-A-IO 0.00 0.00 0.00000000 0.00 III-CE 0.00 1,083,386.00 0.99586343 0.00 III-P 0.00 100.00 1.00000000 0.00 III-R 0.00 0.00 0.00000000 0.00 Totals 119,~~761~~435,~~301~~414.2854 ~~408~~399,~~576~~140,~~036~~621.3785 0.~~83599302~~81668708 119,~~761~~435,~~301~~414.2854

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 61,561,000.00 ~~846~~822.~~12180601~~83243060 0.~~95605692~~93633079 2213.~~33331833~~32467309 0.00000000 I-A-PO 487,900.00 ~~985~~980.~~05054314~~76474687 1.~~17931953~~18235294 30.~~10649723~~23312154 0.00000000 I-A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 64,867,800.00 ~~811~~802.~~31639704~~32883588 3.~~45582832~~45072733 50.~~53173285~~52346804 0.00000000 II-A-2 45,000,000.00 ~~803~~794.~~38329978~~01786156 3.~~60112667~~59581133 50.~~76431156~~54547689 0.00000000 II-A-3 1,892,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-PO 1,172,299.97 ~~952~~919.~~70662679~~22633931 4.~~34544923~~24327401 290.~~13482971~~70882882 0.00000000 II-A-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M 2,151,000.00 ~~981~~978.~~97139935~~89123199 3.~~08016736~~09704324 0.00000000 0.00000000 B-1 717,000.00 ~~981~~978.~~97139470~~89122734 3.~~08016736~~09704324 0.00000000 0.00000000 B-2 448,000.00 ~~981~~978.~~97140625~~89122768 3.~~08017857~~09703125 0.00000000 0.00000000 B-3 358,000.00 ~~981~~978.~~97139665~~89122905 3.~~08016760~~09703911 0.00000000 0.00000000 B-4 358,000.00 ~~981~~978.~~97139665~~89122905 3.~~08016760~~09703911 0.00000000 0.00000000 B-5 179,313.32 ~~981~~978.~~97122222~~89108294 3.~~08019505~~09703707 0.00000000 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 110,605,000.00 ~~659~~575.~~23182107~~43068668 0.00000000 8373.~~80113440~~17751476 0.00000000 III-A-2 27,432,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-3 58,418,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-4 38,268,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-5 28,381,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-6 30,953,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-M-1 7,429,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-M-2 4,643,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-M-3 2,322,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-CE 1,087,886.12 995.86342732 0.00000000 0.00000000 0.00000000 III-P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 III-R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes Are Per $1000 Denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A-1 0.00000000 2314.~~28937525~~26100404 ~~822~~808.~~83243060~~57142671 0.~~82283243~~80857143 2314.~~28937525~~26100404 I-A-PO 0.00000000 41.~~28581677~~41547448 ~~980~~979.~~76474687~~34927239 0.~~98076475~~97934927 41.~~28581677~~41547448 I-A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 83.~~98756116~~97419536 ~~802~~798.~~32883588~~35464052 0.~~80232884~~79835464 83.~~98756116~~97419536 II-A-2 0.00000000 94.~~36543822~~14128822 ~~794~~789.~~01786156~~87657333 0.~~79401786~~78987657 94.~~36543822~~14128822 II-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-PO 0.00000000 334.~~48027894~~95210283 ~~919~~914.~~22633931~~27424501 0.~~91922634~~91427425 334.~~48027894~~95210283 II-A-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M 0.00000000 3.~~08016736~~09704324 ~~978~~975.~~89123199~~79418875 0.~~97889123~~97579419 3.~~08016736~~09704324 B-1 0.00000000 3.~~08016736~~09704324 ~~978~~975.~~89122734~~79418410 0.~~97889123~~97579418 3.~~08016736~~09704324 B-2 0.00000000 3.~~08017857~~09703125 ~~978~~975.~~89122768~~79419643 0.~~97889123~~97579420 3.~~08017857~~09703125 B-3 0.00000000 3.~~08016760~~09703911 ~~978~~975.~~89122905~~79418994 0.~~97889123~~97579419 3.~~08016760~~09703911 B-4 0.00000000 3.~~08016760~~09703911 ~~978~~975.~~89122905~~79418994 0.~~97889123~~97579419 3.~~08016760~~09703911 B-5 0.00000000 3.~~08019505~~09703707 ~~978~~975.~~89108294~~79404586 0.~~97889108~~97579405 3.~~08019505~~09703707 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 0.00000000 8373.~~80113440~~17751476 ~~575~~502.~~43068668~~25317192 0.~~57543069~~50225317 8373.~~80113440~~17751476 III-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-CE 0.00000000 0.00000000 995.86342732 0.99586343 0.00000000 III-P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 III-R 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 I-A-1 61,561,000.00 5.50000% 5250,~~088~~654,~~104~~387.5026 ~~238~~232,~~737~~165.1594 0.00 0.00 I-A-PO 487,900.00 0.00000% ~~480~~478,~~606~~515.1612 0.00 0.00 0.00 I-A-X 0.00 5.50000% 1,~~462~~436,~~988~~697.2850 6,~~705~~584.3686 0.00 0.00 II-A-1 64,867,800.00 4.75000% 52,~~628~~045,~~309~~306.7846 ~~208~~206,~~320~~012.3967 0.00 0.00 II-A-2 45,000,000.00 4.75000% 3635,~~152~~730,~~248~~803.4977 ~~143~~141,~~102~~434.6543 0.00 0.00 II-A-3 1,892,000.00 4.75000% 1,892,000.00 7,489.17 0.00 0.00 II-A-PO 1,172,299.97 0.00000% 1,~~116~~077,~~857~~609.9501 0.00 0.00 0.00 II-A-X 0.00 4.75000% 3,~~987~~968,~~250~~545.9541 15,~~782~~708.8783 0.00 0.00 M 2,151,000.00 5.~~01908~~01962% 2,~~112~~105,~~220~~595.4804 8,~~834~~807.5074 0.00 0.00 B-1 717,000.00 5.~~01908~~01962% ~~704~~701,~~073~~865.4901 2,~~944~~935.8391 0.00 0.00 B-2 448,000.00 5.~~01908~~01962% ~~439~~438,~~923~~543.1927 1,~~840~~834.0143 0.00 0.00 B-3 358,000.00 5.~~01908~~01962% ~~351~~350,~~545~~443.7606 1,~~470~~465.3691 0.00 0.00 B-4 358,000.00 5.~~01908~~01962% ~~351~~350,~~545~~443.7606 1,~~470~~465.3691 0.00 0.00 B-5 179,313.32 5.~~01908~~01962% ~~176~~175,~~080~~528.5221 ~~736~~734.4724 0.00 0.00 R 100.00 5.50000% 0.00 0.00 0.00 0.00 III-A-1 110,605,000.00 1.~~64000~~80500% 7263,~~914~~645,~~335~~511.5710 99105,~~649~~306.5980 0.00 0.00 III-A-2 27,432,000.00 3.11000% 27,432,000.00 71,094.60 0.00 0.00 III-A-3 58,418,000.00 3.69000% 58,418,000.00 179,635.35 0.00 0.00 III-A-4 38,268,000.00 4.96000% 38,268,000.00 158,174.40 0.00 0.00 III-A-5 28,381,000.00 5.66000% 28,381,000.00 133,863.72 0.00 0.00 III-A-6 30,953,000.00 4.74000% 30,953,000.00 122,264.35 0.00 0.00 III-M-1 7,429,000.00 5.17000% 7,429,000.00 32,006.61 0.00 0.00 III-M-2 4,643,000.00 5.77000% 4,643,000.00 22,325.09 0.00 0.00 III-M-3 2,322,000.00 6.40000% 2,322,000.00 12,384.00 0.00 0.00 III-A-IO 0.00 4.50000% 30,953,400.00 116,075.25 0.00 0.00 III-CE 1,087,886.12 0.00000% 1,083,386.00 0.00 0.00 0.00 III-P 100.00 0.00000% 100.00 0.00 0.00 0.00 III-R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 488,731,399.41 1,~~584~~579,~~907~~770.0821 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 I-A-1 (0.01) 0.00 ~~238~~232,~~737~~165.1395 0.00 5049,~~654~~776,~~387~~465.2660 I-A-PO 0.00 0.00 0.00 0.00 ~~478~~477,~~515~~824.1251 I-A-X 0.00 0.00 6,~~705~~584.3686 0.00 1,~~436~~418,~~697~~760.5094 II-A-1 (0.01) 0.00 ~~208~~206,~~320~~012.3868 0.00 5251,~~045~~787,~~306~~509.4615 II-A-2 (0.01) 0.00 ~~143~~141,~~102~~434.6444 0.00 35,~~730~~544,~~803~~445.7780 II-A-3 0.00 0.00 7,489.17 0.00 1,892,000.00 II-A-PO 0.00 0.00 0.00 0.00 1,~~077~~071,~~609~~803.0167 II-A-X 0.00 0.00 15,~~782~~708.8783 0.00 3,~~968~~949,~~545~~695.4195 M 0.00 0.00 8,~~834~~807.5074 0.00 2,~~105~~098,~~595~~933.0430 B-1 0.00 0.00 2,~~944~~935.8391 0.00 ~~701~~699,~~865~~644.0143 B-2 0.00 0.00 1,~~840~~834.0143 0.00 ~~438~~437,~~543~~155.2780 B-3 0.00 0.00 1,~~470~~465.3691 0.00 ~~350~~349,~~443~~334.0632 B-4 0.00 0.00 1,~~470~~465.3691 0.00 ~~350~~349,~~443~~334.0632 B-5 0.00 0.00 ~~736~~734.4724 0.00 ~~175~~174,~~528~~972.2187 R 0.00 0.00 0.00 0.00 0.00 III-A-1 (0.0102) 0.00 99105,~~649~~306.6082 0.00 6355,~~645~~551,~~511~~712.1008 III-A-2 (0.01) 0.00 71,094.61 0.00 27,432,000.00 III-A-3 (0.0103) 0.00 179,635.3638 0.00 58,418,000.00 III-A-4 (0.0103) 0.00 158,174.4143 0.00 38,268,000.00 III-A-5 (0.0102) 0.00 133,863.7374 0.00 28,381,000.00 III-A-6 (0.0102) 0.00 122,264.3637 0.00 30,953,000.00 III-M-1 0.00 0.00 32,006.61 0.00 7,429,000.00 III-M-2 0.00 0.00 22,325.09 0.00 4,643,000.00 III-M-3 0.00 0.00 12,384.00 0.00 2,322,000.00 III-A-IO 0.00 0.00 116,075.25 0.00 30,953,400.00 III-CE 0.00 0.00 ~~661~~599,~~205~~223.6440 0.00 1,083,386.00 III-P 0.00 0.00 ~~130~~56,~~137~~577.3242 0.00 100.00 III-R 0.00 0.00 0.00 0.00 0.00 Totals (0.0316) 0.00 2,~~376~~235,~~250~~571.0619 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 I-A-1 61,561,000.00 5.50000% ~~846~~822.~~12180601~~83243060 3.~~87805835~~77131528 0.00000000 0.00000000 I-A-PO 487,900.00 0.00000% ~~985~~980.~~05054314~~76474687 0.00000000 0.00000000 0.00000000 I-A-X 0.00 5.50000% ~~779~~765.~~95425796~~93801047 3.~~57478878~~51054733 0.00000000 0.00000000 II-A-1 64,867,800.00 4.75000% ~~811~~802.~~31639704~~32883588 3.~~21146069~~17588495 0.00000000 0.00000000 II-A-2 45,000,000.00 4.75000% ~~803~~794.~~38329978~~01786156 3.~~18005889~~14298733 0.00000000 0.00000000 II-A-3 1,892,000.00 4.75000% 1000.00000000 3.95833510 0.00000000 0.00000000 II-A-PO 1,172,299.97 0.00000% ~~952~~919.~~70662679~~22633931 0.00000000 0.00000000 0.00000000 II-A-X 0.00 4.75000% ~~723~~719.~~16941014~~77677835 2.~~86254588~~84911722 0.00000000 0.00000000 M 2,151,000.00 5.~~01908~~01962% ~~981~~978.~~97139935~~89123199 4.~~10715946~~09471874 0.00000000 0.00000000 B-1 717,000.00 5.~~01908~~01962% ~~981~~978.~~97139470~~89122734 4.~~10715481~~09471409 0.00000000 0.00000000 B-2 448,000.00 5.~~01908~~01962% ~~981~~978.~~97140625~~89122768 4.~~10716518~~09470982 0.00000000 0.00000000 B-3 358,000.00 5.~~01908~~01962% ~~981~~978.~~97139665~~89122905 4.~~10715084~~09472067 0.00000000 0.00000000 B-4 358,000.00 5.~~01908~~01962% ~~981~~978.~~97139665~~89122905 4.~~10715084~~09472067 0.00000000 0.00000000 B-5 179,313.32 5.~~01908~~01962% ~~981~~978.~~97122222~~89108294 4.~~10716839~~09473206 0.00000000 0.00000000 R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 110,605,000.00 1.~~64000~~80500% ~~659~~575.~~23182107~~43068668 0.~~90095014~~95209801 0.00000000 0.00000000 III-A-2 27,432,000.00 3.11000% 1000.00000000 2.59166667 0.00000000 0.00000000 III-A-3 58,418,000.00 3.69000% 1000.00000000 3.07500000 0.00000000 0.00000000 III-A-4 38,268,000.00 4.96000% 1000.00000000 4.13333333 0.00000000 0.00000000 III-A-5 28,381,000.00 5.66000% 1000.00000000 4.71666678 0.00000000 0.00000000 III-A-6 30,953,000.00 4.74000% 1000.00000000 3.95000000 0.00000000 0.00000000 III-M-1 7,429,000.00 5.17000% 1000.00000000 4.30833356 0.00000000 0.00000000 III-M-2 4,643,000.00 5.77000% 1000.00000000 4.80833297 0.00000000 0.00000000 III-M-3 2,322,000.00 6.40000% 1000.00000000 5.33333333 0.00000000 0.00000000 III-A-IO 0.00 4.50000% 800.00103381 3.00000388 0.00000000 0.00000000 III-CE 1,087,886.12 0.00000% 995.86342732 0.00000000 0.00000000 0.00000000 III-P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 III-R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes Are Per $1000 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 I-A-1 (0.00000016) 0.00000000 3.~~87805802~~77131544 0.00000000 ~~822~~808.~~83243060~~57142671 I-A-PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~980~~979.~~76474687~~34927239 I-A-X 0.00000000 0.00000000 3.~~57478878~~51054733 0.00000000 ~~765~~756.~~93801047~~37559870 II-A-1 (0.00000015) 0.00000000 3.~~21146054~~17588511 0.00000000 ~~802~~798.~~32883588~~35464052 II-A-2 (0.00000022) 0.00000000 3.~~18005867~~14298756 0.00000000 ~~794~~789.~~01786156~~87657333 II-A-3 0.00000000 0.00000000 3.95833510 0.00000000 1000.00000000 II-A-PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~919~~914.~~22633931~~27424501 II-A-X 0.00000000 0.00000000 2.~~86254588~~84911722 0.00000000 ~~719~~716.~~77677835~~35804372 M 0.00000000 0.00000000 4.~~10715946~~09471874 0.00000000 ~~978~~975.~~89123199~~79418875 B-1 0.00000000 0.00000000 4.~~10715481~~09471409 0.00000000 ~~978~~975.~~89122734~~79418410 B-2 0.00000000 0.00000000 4.~~10716518~~09470982 0.00000000 ~~978~~975.~~89122768~~79419643 B-3 0.00000000 0.00000000 4.~~10715084~~09472067 0.00000000 ~~978~~975.~~89122905~~79418994 B-4 0.00000000 0.00000000 4.~~10715084~~09472067 0.00000000 ~~978~~975.~~89122905~~79418994 B-5 0.00000000 0.00000000 4.~~10716839~~09473206 0.00000000 ~~978~~975.~~89108294~~79404586 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 (0.~~00000009~~00000018) 0.00000000 0.~~90095023~~95209819 0.00000000 ~~575~~502.~~43068668~~25317192 III-A-2 (0.00000036) 0.00000000 2.59166703 0.00000000 1000.00000000 III-A-3 (0.~~00000017~~00000051) 0.00000000 3.~~07500017~~07500051 0.00000000 1000.00000000 III-A-4 (0.~~00000026~~00000078) 0.00000000 4.~~13333359~~13333412 0.00000000 1000.00000000 III-A-5 (0.~~00000035~~00000070) 0.00000000 4.~~71666714~~71666749 0.00000000 1000.00000000 III-A-6 (0.~~00000032~~00000065) 0.00000000 3.~~95000032~~95000065 0.00000000 1000.00000000 III-M-1 0.00000000 0.00000000 4.30833356 0.00000000 1000.00000000 III-M-2 0.00000000 0.00000000 4.80833297 0.00000000 1000.00000000 III-M-3 0.00000000 0.00000000 5.33333333 0.00000000 1000.00000000 III-A-IO 0.00000000 0.00000000 3.00000388 0.00000000 800.00103381 III-CE 0.00000000 0.00000000 ~~607~~550.~~78938884~~81445473 0.00000000 995.86342732 III-P 0.00000000 0.00000000 ~~1301373~~565774.20000000 0.00000000 1000.00000000 III-R 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 1411,~~102~~709,~~727~~244.6512 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~102~~97,~~463~~733.4721 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties ~~130~~56,~~137~~577.3242 Total Deposits 1411,~~335~~863,~~328~~554.4475 Withdrawals Reimbursement for Servicer Advances ~~105~~102,~~076~~463.2547 Payment of Service Fee 9290,~~700~~105.8555 Payment of Interest and Principal 1411,~~137~~670,~~551~~985.3473 Total Withdrawals (Pool Distribution Amount) 1411,~~335~~863,~~328~~554.4475 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 8785,~~570~~119.4398 Credit Risk Manager Fee - Murrayhill 3,~~379~~283.0219 Master Servicing Fee- Wells Fargo 1,~~751~~702.4038 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 9290,~~700~~105.8555

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 9 0 0 9 1,~~091~~090,~~542~~633.9750 0.00 0.00 1,~~091~~090,~~542~~633.9750 30 Days 1714 0 0 0 1714 3,~~976~~226,~~279~~188.5973 0.00 0.00 0.00 3,~~976~~226,~~279~~188.5973 60 Days 34 12 86 0 12 ~~657~~1,~~179~~103,227.3941 ~~394~~479,~~026~~714.4018 21,~~040~~162,~~760~~532.4955 0.00 32,~~091~~745,~~966~~474.2814 90 Days 10 20 56 0 86 ~~100,327~~0.3600 ~~203,814~~0.2600 ~~729~~1,~~779~~461,624.2814 0.00 1,~~033~~461,~~920~~624.9014 120 Days 0 1 43 02 52 08 100,327.0036 ~~300~~503,~~351~~924.2674 ~~782~~318,~~216~~415.4615 0204,226.0048 1,~~082~~126,~~567~~893.7273 150 Days 0 41 142 10 193 0.00 ~~695~~205,~~398~~387.7825 3366,~~373,248~~530.3940 ~~96,799~~0.3900 4571,~~165,446~~917.5665 180+ Days 0 16 314 02 422 0.00 ~~244~~1,~~816~~037,481.9585 ~~956~~3,~~600~~318,791.0033 0496,749.0039 14,~~201~~853,~~416~~022.9557 Totals 19 21 1830 344 1 74 4,~~733~~429,~~786~~743.3450 23,~~929~~317,~~950~~141.6252 76,~~882~~627,~~604~~893.6257 96700,~~799~~975.3987 15,~~643~~075,~~140~~754.9746 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.~~489663~~500278% 0.000000% 0.000000% 0.~~489663~~500278% 0.~~266784~~272845% 0.000000% 0.000000% 0.~~266784~~272845% 30 Days 0.~~924918~~778210% 0.000000% 0.000000% 0.000000% 0.~~924918~~778210% 0.~~971843~~807099% 0.000000% 0.000000% 0.000000% 0.~~971843~~807099% 60 Days 0.~~163221~~222346% 0.~~054407~~111173% 0.~~435256~~333519% 0.000000% 0.~~652884~~667037% 0.~~160621~~275995% 0.~~096304~~120011% 0.~~498783~~290832% 0.000000% 0.~~755708~~686838% 90 Days 0.~~054407~~000000% 0.~~108814~~000000% 0.~~272035~~333519% 0.000000% 0.~~435256~~333519% 0.~~024521~~000000% 0.~~049814~~000000% 0.~~178365~~365656% 0.000000% 0.~~252701~~365656% 120 Days 0.~~000000~~055586% 0.~~054407~~166759% 0.~~217628~~111173% 0.~~000000~~111173% 0.~~272035~~444691% 0.~~000000~~025099% 0.~~073409~~126067% 0.~~191182~~079658% 0.~~000000~~051092% 0.~~264591~~281916% 150 Days 0.000000% 0.~~217628~~055586% 0.~~761697~~111173% 0.~~054407~~000000% 10.~~033732~~166759% 0.000000% 0.~~169963~~051382% 0.~~824456~~091695% 0.~~023659~~000000% 10.~~018078~~143077% 180+ Days 0.000000% 0.~~054407~~333519% 0.~~163221~~778210% 0.~~000000~~111173% 01.~~217628~~222902% 0.000000% 0.~~059836~~259548% 0.~~233803~~830265% 0.~~000000~~124272% 01.~~293639~~214085% Totals 1.~~142546~~056142% 01.~~979325~~167315% 1.~~849837~~667593% 0.~~054407~~222346% 4.~~026115~~113396% 1.~~156986~~108193% 0.~~716110~~829852% 1.~~926589~~658106% 0.~~023659~~175364% 3.~~823343~~771515%

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 10 0 0 0 10 ~~342,692~~0.9500 0.00 0.00 0.00 ~~342,692~~0.9500 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 10 0 0 0 10 ~~342,692~~0.9500 0.00 0.00 0.00 ~~342,692~~0.9500 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~847458~~000000% 0.000000% 0.000000% 0.000000% 0.~~847458~~000000% 0.~~650727~~000000% 0.000000% 0.000000% 0.000000% 0.~~650727~~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.~~847458~~000000% 0.000000% 0.000000% 0.000000% 0.~~847458~~000000% 0.~~650727~~000000% 0.000000% 0.000000% 0.000000% 0.~~650727~~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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 9 0 0 9 1,~~091~~090,~~542~~633.9750 0.00 0.00 1,~~091~~090,~~542~~633.9750 30 Days 1614 0 0 0 1614 3,~~633~~226,~~586~~188.6473 0.00 0.00 0.00 3,~~633~~226,~~586~~188.6473 60 Days 34 12 86 0 12 ~~657~~1,~~179~~103,227.3941 ~~394~~479,~~026~~714.4018 21,~~040~~162,~~760~~532.4955 0.00 32,~~091~~745,~~966~~474.2814 90 Days 10 20 56 0 86 ~~100,327~~0.3600 ~~203,814~~0.2600 ~~729~~1,~~779~~461,624.2814 0.00 1,~~033~~461,~~920~~624.9014 120 Days 0 1 43 02 52 08 100,327.0036 ~~300~~503,~~351~~924.2674 ~~782~~318,~~216~~415.4615 0204,226.0048 1,~~082~~126,~~567~~893.7273 150 Days 0 41 142 10 193 0.00 ~~695~~205,~~398~~387.7825 3366,~~373,248~~530.3940 ~~96,799~~0.3900 4571,~~165,446~~917.5665 180 Days 0 16 314 02 422 0.00 ~~244~~1,~~816~~037,481.9585 ~~956~~3,~~600~~318,791.0033 0496,749.0039 14,~~201~~853,~~416~~022.9557 Totals 2019 1821 3430 14 7374 4,~~391~~429,~~093~~743.3950 23,~~929~~317,~~950~~141.6252 76,~~882~~627,~~604~~893.6257 96700,~~799~~975.3987 15,~~300~~075,~~448~~754.0246 0-29 Days 0.~~592495~~607287% 0.000000% 0.000000% 0.~~592495~~607287% 0.~~415325~~428159% 0.000000% 0.000000% 0.~~415325~~428159% 30 Days 10.~~053325~~944669% 0.000000% 0.000000% 0.000000% 10.~~053325~~944669% 1.~~382558~~266532% 0.000000% 0.000000% 0.000000% 1.~~382558~~266532% 60 Days 0.~~197498~~269906% 0.~~065833~~134953% 0.~~526662~~404858% 0.000000% 0.~~789993~~809717% 0.~~250053~~433103% 0.~~149925~~188325% 0.~~776497~~456385% 0.000000% 1.~~176474~~077813% 90 Days 0.~~065833~~000000% 0.~~131666~~000000% 0.~~329164~~404858% 0.000000% 0.~~526662~~404858% 0.~~038174~~000000% 0.~~077550~~000000% 0.~~277677~~573802% 0.000000% 0.~~393401~~573802% 120 Days 0.~~000000~~067476% 0.~~065833~~202429% 0.~~263331~~134953% 0.~~000000~~134953% 0.~~329164~~539811% 0.~~000000~~039386% 0.~~114282~~197830% 0.~~297629~~125003% 0.~~000000~~080175% 0.~~411910~~442394% 150 Days 0.000000% 0.~~263331~~067476% 0.~~921659~~134953% 0.~~065833~~000000% 10.~~250823~~202429% 0.000000% 0.~~264595~~080631% 10.~~283501~~143892% 0.~~036832~~000000% 10.~~584927~~224522% 180 Days 0.000000% 0.~~065833~~404858% 0.~~197498~~944669% 0.~~000000~~134953% 01.~~263331~~484480% 0.000000% 0.~~093151~~407293% 01.~~363980~~302885% 0.~~000000~~195013% 01.~~457132~~905191% Totals 1.~~316656~~282051% 1.~~184990~~417004% 2.~~238315~~024291% 0.~~065833~~269906% 4.~~805793~~993252% 1.~~670784~~739021% 1.~~114828~~302238% 2.~~999283~~601967% 0.~~036832~~275188% 5.~~821727~~918414%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~102~~97,~~463~~733.4721

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.02046114% 100,000.00 0.~~02447525~~02505383% Fraud 3,583,848.26 0.73329609% 2,~~920~~893,~~020~~188.7948 0.~~71468234~~72485443% Special Hazard 2,074,436.38 0.42445326% 2,074,436.38 0.~~50772346~~51972570% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.~~676962~~664413% Weighted Average Net Coupon 6.~~426961~~414413% Weighted Average Pass-Through Rate 6.~~412315~~399770% Weighted Average Maturity(Stepdown Calculation ) ~~296~~295 Beginning Scheduled Collateral Loan Count 1,~~881~~838 Number Of Loans Paid In Full 4339 Ending Scheduled Collateral Loan Count 1,~~838~~799 Beginning Scheduled Collateral Balance ~~420~~408,~~337~~576,~~337~~036.6638 Ending Scheduled Collateral Balance ~~408~~399,~~576~~140,~~036~~621.3884 Ending Actual Collateral Balance at 31-~~Jul~~Aug-2004 ~~409~~399,~~148~~726,~~242~~712.6281 Monthly P &I Constant 32,~~052~~975,~~241~~139.4902 Special Servicing Fee 0.00 Prepayment Penalties ~~130~~56,~~137~~577.3242 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~408~~399,~~576~~140,~~036~~621.3884 Scheduled Principal ~~713~~706,~~427~~039.9663 Unscheduled Principal 118,~~047~~729,~~873~~374.3291 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 1,083,386.00 Overcollateralized Amount 1,083,386.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 5.~~863960~~864163 5.~~158369~~161045 7.~~366189~~359447 Weighted Average Net Rate 5.~~613960~~614163 4.~~908368~~911044 7.~~116189~~109448 Weighted Average Maturity ~~347~~346 ~~167~~166 ~~333~~332 Beginning Loan Count ~~121~~118 ~~202~~201 1,~~558~~519 Loans Paid In Full 32 10 3937 Ending Loan Count ~~118~~116 201 1,~~519~~482 Beginning Scheduled Balance 5452,~~052~~614,~~371~~886.5079 9493,~~441~~386,~~144~~152.5949 ~~271~~262,~~843~~574,~~821~~997.5710 Ending scheduled Balance 5251,~~614~~734,~~886~~588.7911 9392,~~386~~924,~~152~~835.4965 ~~262~~254,~~574~~481,~~997~~198.1008 Record Date 0708/31/2004 0708/31/2004 0708/31/2004 Principal And Interest Constant ~~325~~317,~~241~~023.7630 ~~808~~803,~~580~~624.5295 1,~~918~~854,~~419~~490.2177 Scheduled Principal 6159,~~107~~904.6474 ~~402~~401,~~611~~983.9820 ~~249~~244,~~708~~151.3469 Unscheduled Principal 1820,~~376,377~~393.0794 ~~652~~59,~~380~~333.1264 97,~~019~~849,~~116~~647.1333 Scheduled Interest ~~264~~257,~~134~~118.1256 ~~405~~401,~~968~~641.5475 1,~~668~~610,~~710~~339.8708 Servicing Fees 1110,~~260~~961.9343 19,~~675~~455.2646 5654,~~634~~703.2409 Master Servicing Fees ~~225~~219.2123 ~~393~~389.5010 1,~~132~~094.6905 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 ~~405~~394.3862 ~~708~~700.3140 2,~~265~~188.3317 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 ~~252~~245,~~242~~543.6028 ~~385~~381,~~191~~096.4779 1,~~608~~552,~~678~~353.6177 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.~~599960~~600163 4.~~894369~~897045 7.~~101189~~094447

Group Level Collateral Statement Group Total Collateral Description Mixed Fixed Weighted Average Coupon Rate 6.~~676962~~664413 Weighted Average Net Rate 6.~~426961~~414413 Weighted Average Maturity ~~296~~295 Beginning Loan Count 1,~~881~~838 Loans Paid In Full 4339 Ending Loan Count 1,~~838~~799 Beginning Scheduled Balance ~~420~~408,~~337~~576,~~337~~036.6638 Ending scheduled Balance ~~408~~399,~~576~~140,~~036~~621.3884 Record Date 0708/31/2004 Principal And Interest Constant 32,~~052~~975,~~241~~139.4902 Scheduled Principal ~~713~~706,~~427~~039.9663 Unscheduled Principal 118,~~047~~729,~~873~~374.3291 Scheduled Interest 2,~~338~~269,~~813~~099.5339 Servicing Fees 8785,~~570~~119.4398 Master Servicing Fees 1,~~751~~702.4038 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 3,~~379~~283.0219 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 2,~~246~~178,~~112~~993.6884 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 6.~~412315~~399770

Filing Compare · DEUTSCHE MORTGAGE SEC INC MORT LOAN TR SER 2004-1