8-K 1 mal04005_dec.txt DECEMBER 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): December 27, 2004 MASTR ALTERNATIVE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106982-27 Pooling and Servicing Agreement) (Commission 54-2154073 (State or other File Number) 54-2154074 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 December 27, 2004 a distribution was made to holders of MASTR ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2004-5 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 2004-5 Trust, relating to the December 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. MASTR ALTERNATIVE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-5 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: 1/2/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-5 Trust, relating to the December 27, 2004 distribution. EX-99.1

MASTR Alternative Loan Trust Mortgage Pass-Through Certificates Record Date: 1011/3130/2004 Distribution Date: 1112/2627/2004 ~~MAL~~MASTR Alternative Loan Trust Mortgage Pass-Through Certificates Series: 2004-5 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-A1 576434RF3 SEN 5.50000% 2726,~~123~~717,~~903~~055.8506 ~~124~~122,~~317~~453.8917 ~~406~~31,~~848~~919.7867 2-A1 576434RG1 SEN 6.00000% 3433,~~022~~482,~~850~~584.5118 ~~170~~167,~~114~~412.2592 ~~540~~360,~~266~~500.3334 3-A1 576434RH9 SEN 6.50000% 23,~~866~~094,~~934~~186.2655 ~~129~~125,~~279~~093.2351 ~~772~~416,~~747~~430.7090 4-A1 576434RJ5 SEN 5.50000% 34,~~936~~451,~~291~~542.6708 ~~160~~157,~~124~~902.6790 ~~484~~287,~~749~~170.5991 5-A1 576434RK2 SEN 4.75000% 2524,~~062~~881,~~350~~993.6645 9998,~~205~~491.1422 ~~180~~348,~~357~~439.2104 6-A1 576434RL0 SEN 7.00000% 3633,~~242~~876,~~114~~001.1174 ~~211~~197,~~412~~610.3301 21,~~366~~778,~~112~~186.3751 7-A1 576434RM8 SEN 5.25000% 4039,~~610~~334,~~540~~302.3576 ~~177~~172,~~671~~087.1157 12,~~276~~696,~~237~~763.5916 15-PO 576434RN6 PO 0.00000% 3,~~164~~101,~~342~~154.4150 0.00 6346,~~187~~914.9174 30-PO 576434RP1 PO 0.00000% 2,~~955~~900,~~215~~817.2800 0.00 5430,~~398~~381.2864 15-AX 576434RQ9 IO 5.00000% 0.00 11,~~867~~735.1539 0.00 30-AX-1 576434RS5 IO 6.00000% 0.00 7,~~342~~110.5074 0.00 30-AX-2 576434RT3 IO 7.00000% 0.00 43,~~387~~910.0522 0.00 A-LR 576434RU0 SEN 5.50000% 0.00 0.00 0.00 A-UR 576434RV8 SEN 5.50000% 0.00 0.00 0.00 B-1 576434RW6 SUB 5.~~87974~~88059% 8,~~250~~233,~~697~~255.5135 40,~~426~~347.6403 17,~~442~~469.16 B-2 576434RX4 SUB 5.~~87974~~88059% 2,~~750~~744,~~562~~747.4267 13,~~477~~450.1662 5,~~814~~823.75 B-3 576434RY2 SUB 5.~~87974~~88059% 1,~~440~~437,~~110~~066.9552 7,~~056~~042.2334 3,~~044~~049.4314 B-4 576434RZ9 SUB 5.~~87974~~88059% 1,~~703~~699,~~388~~787.96 8,~~346~~329.2480 3,~~601~~606.0058 B-5 576434SA3 SUB 5.~~87974~~88059% 1,~~309~~306,~~461~~693.7148 6,~~416~~403.0845 2,~~768~~772.2352 B-6 576434SB1 SUB 5.~~87974~~88059% ~~917~~915,~~904~~963.1871 4,~~497~~488.5368 1,~~940~~943.47 Totals ~~244~~238,~~356~~177,~~668~~152.8301 1,~~175~~143,~~941~~869.2057 6,~~179~~031,~~516~~371.8053

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 26,~~717~~685,~~055~~135.0639 ~~531~~154,~~166~~372.6784 0.00 2-A1 0.00 33,~~482~~122,~~584~~083.1884 ~~710~~527,~~380~~913.5826 0.00 3-A1 0.00 2322,~~094~~677,~~186~~755.5566 ~~902~~541,~~026~~524.9341 0.00 4-A1 0.00 34,~~451~~164,~~542~~371.0816 ~~644~~445,~~874~~073.2681 0.00 5-A1 0.00 24,~~881~~533,~~993~~554.4541 ~~279~~446,~~562~~930.3526 0.00 6-A1 0.00 3332,~~876~~097,~~001~~815.7424 21,~~577~~975,~~524~~796.7052 0.00 7-A1 0.00 3936,~~334~~637,~~302~~539.7660 12,~~453~~868,~~908~~850.7073 0.00 15-PO 0.00 3,~~101~~054,~~154~~239.5077 6346,~~187~~914.9174 0.00 30-PO 0.00 2,~~900~~870,~~817~~435.0037 5430,~~398~~381.2864 0.00 15-AX 0.00 0.00 11,~~867~~735.1539 0.00 30-AX-1 0.00 0.00 7,~~342~~110.5074 0.00 30-AX-2 0.00 0.00 43,~~387~~910.0522 0.00 A-LR 0.00 0.00 0.00 0.00 A-UR 0.00 0.00 0.00 0.00 B-1 0.00 8,~~233~~215,~~255~~786.3519 57,~~868~~816.8019 0.00 B-2 0.00 2,~~744~~738,~~747~~923.6792 19,~~291~~274.9137 0.00 B-3 0.00 1,~~437~~434,~~066~~017.5238 10,~~100~~091.6648 0.00 B-4 0.00 1,~~699~~696,~~787~~181.9639 11,~~947~~936.2438 0.00 B-5 0.00 1,~~306~~303,~~693~~920.4896 9,~~184~~175.3197 0.00 B-6 0.00 ~~915~~914,~~963~~020.7124 6,~~438~~432.0015 0.00 Totals 0.00 ~~238~~232,~~177~~145,~~152~~780.0152 7,~~355~~175,~~458~~241.0010 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-A1 28,350,000.00 2726,~~123~~717,~~903~~055.8506 29,~~796~~543.7246 ~~377~~2,~~052~~376.0621 0.00 0.00 2-A1 35,300,000.00 3433,~~022~~482,~~850~~584.5118 34,~~331~~037.3791 ~~505~~326,~~934~~462.9644 0.00 0.00 3-A1 27,000,000.00 23,~~866~~094,~~934~~186.2655 20,~~993~~470.7092 ~~751~~395,~~754~~959.0197 0.00 0.00 4-A1 37,000,000.00 34,~~936~~451,~~291~~542.6708 ~~135~~132,~~468~~934.3259 ~~349~~154,~~281~~236.2732 0.00 0.00 5-A1 26,000,000.00 2524,~~062~~881,~~350~~993.6645 99,~~441~~584.2238 80248,~~915~~854.9867 0.00 0.00 6-A1 45,000,000.00 3633,~~242~~876,~~114~~001.1174 2927,~~545~~902.9492 21,~~336~~750,~~566~~283.4358 0.00 0.00 7-A1 43,000,000.00 4039,~~610~~334,~~540~~302.3576 ~~159~~155,~~371~~175.1126 12,~~116~~541,~~866~~587.4890 0.00 0.00 15-PO 3,291,506.44 3,~~164~~101,~~342~~154.4150 12,~~772~~537.4192 5034,~~415~~376.5081 0.00 0.00 30-PO 3,179,193.41 2,~~955~~900,~~215~~817.2800 2,~~815~~822.9933 5127,~~582~~559.2930 0.00 0.00 15-AX 0.00 0.00 0.00 0.00 0.00 0.00 30-AX-1 0.00 0.00 0.00 0.00 0.00 0.00 30-AX-2 0.00 0.00 0.00 0.00 0.00 0.00 A-LR 50.00 0.00 0.00 0.00 0.00 0.00 A-UR 50.00 0.00 0.00 0.00 0.00 0.00 B-1 8,336,000.00 8,~~250~~233,~~697~~255.5135 17,~~442~~469.16 0.00 0.00 0.00 B-2 2,779,000.00 2,~~750~~744,~~562~~747.4267 5,~~814~~823.75 0.00 0.00 0.00 B-3 1,455,000.00 1,~~440~~437,~~110~~066.9552 3,~~044~~049.4314 0.00 0.00 0.00 B-4 1,721,000.00 1,~~703~~699,~~388~~787.96 3,~~601~~606.0058 0.00 0.00 0.00 B-5 1,323,000.00 1,~~309~~306,~~461~~693.7148 2,~~768~~772.2352 0.00 0.00 0.00 B-6 927,394.23 ~~917~~915,~~904~~963.1871 1,~~940~~943.47 0.00 0.00 0.00 Totals 264,662,194.08 ~~244~~238,~~356~~177,~~668~~152.8301 ~~559~~549,~~147~~674.8231 5,~~620~~481,~~368~~697.9820 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-A1 ~~406~~31,~~848~~919.7867 26,~~717~~685,~~055~~135.0639 0.~~94240053~~94127462 ~~406~~31,~~848~~919.7867 2-A1 ~~540~~360,~~266~~500.3334 33,~~482~~122,~~584~~083.1884 0.~~94851513~~93830266 ~~540~~360,~~266~~500.3334 3-A1 ~~772~~416,~~747~~430.7090 2322,~~094~~677,~~186~~755.5566 0.~~85534024~~83991688 ~~772~~416,~~747~~430.7090 4-A1 ~~484~~287,~~749~~170.5991 34,~~451~~164,~~542~~371.0816 0.~~93112276~~92336138 ~~484~~287,~~749~~170.5991 5-A1 ~~180~~348,~~357~~439.2104 24,~~881~~533,~~993~~554.4541 0.~~95699975~~94359825 ~~180~~348,~~357~~439.2104 6-A1 21,~~366~~778,~~112~~186.3751 3332,~~876~~097,~~001~~815.7424 0.~~75280004~~71328478 21,~~366~~778,~~112~~186.3751 7-A1 12,~~276~~696,~~237~~763.5916 3936,~~334~~637,~~302~~539.7660 0.~~91475123~~85203580 12,~~276~~696,~~237~~763.5916 15-PO 6346,~~187~~914.9174 3,~~101~~054,~~154~~239.5077 0.~~94216875~~92791548 6346,~~187~~914.9174 30-PO 5430,~~398~~381.2864 2,~~900~~870,~~817~~435.0037 0.~~91243804~~90288164 5430,~~398~~381.2864 15-AX 0.00 0.00 0.00000000 0.00 30-AX-1 0.00 0.00 0.00000000 0.00 30-AX-2 0.00 0.00 0.00000000 0.00 A-LR 0.00 0.00 0.00000000 0.00 A-UR 0.00 0.00 0.00000000 0.00 B-1 17,~~442~~469.16 8,~~233~~215,~~255~~786.3519 0.~~98767459~~98557896 17,~~442~~469.16 B-2 5,~~814~~823.75 2,~~744~~738,~~747~~923.6792 0.~~98767458~~98557896 5,~~814~~823.75 B-3 3,~~044~~049.4314 1,~~437~~434,~~066~~017.5238 0.~~98767458~~98557896 3,~~044~~049.4314 B-4 3,~~601~~606.0058 1,~~699~~696,~~787~~181.9639 0.~~98767458~~98557896 3,~~601~~606.0058 B-5 2,~~768~~772.2352 1,~~306~~303,~~693~~920.4896 0.~~98767459~~98557896 2,~~768~~772.2352 B-6 1,~~940~~943.47 ~~915~~914,~~963~~020.7124 0.~~98767458~~98557896 1,~~940~~943.47 Totals 6,~~179~~031,~~516~~371.8053 ~~238~~232,~~177~~145,~~152~~780.0152 0.~~89992888~~87713994 6,~~179~~031,~~516~~371.8053

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 28,350,000.00 ~~956~~942.~~75145855~~40053122 1.~~05103069~~04209735 130.~~29989630~~08381693 0.00000000 2-A1 35,300,000.00 ~~963~~948.~~82012776~~51513258 0.~~97256006~~96424674 149.~~33243513~~24822776 0.00000000 3-A1 27,000,000.00 ~~883~~855.~~96052815~~34024259 0.~~77754444~~75818222 2714.~~84274111~~66518407 0.00000000 4-A1 37,000,000.00 ~~944~~931.~~22409919~~12275892 3.~~66130595~~59282676 94.~~44003432~~16854919 0.00000000 5-A1 26,000,000.00 ~~963~~956.~~93656385~~99974808 3.~~82466231~~83016846 39.~~11215308~~57133346 0.00000000 6-A1 45,000,000.00 ~~805~~752.~~38031356~~80003867 0.~~65657644~~62006489 5138.~~92369844~~89519067 0.00000000 7-A1 43,000,000.00 ~~944~~914.~~43117093~~75122698 3.~~70630488~~60872698 2559.~~97363907~~10669535 0.00000000 15-PO 3,291,506.44 ~~961~~942.~~36600905~~16874751 3.~~88041471~~80917377 1510.~~31684684~~44409623 0.00000000 30-PO 3,179,193.41 ~~929~~912.~~54875620~~43803880 0.~~88575611~~88775033 168.~~22496129~~66864530 0.00000000 15-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 30-AX-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 30-AX-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 8,336,000.00 ~~989~~987.~~76697577~~67458613 2.~~09238964~~09562860 0.00000000 0.00000000 B-2 2,779,000.00 ~~989~~987.~~76697373~~67458438 2.~~09238935~~09562792 0.00000000 0.00000000 B-3 1,455,000.00 ~~989~~987.~~76697595~~67458419 2.~~09239175~~09562887 0.00000000 0.00000000 B-4 1,721,000.00 ~~989~~987.~~76697269~~67458454 2.~~09238815~~09563045 0.00000000 0.00000000 B-5 1,323,000.00 ~~989~~987.~~76697657~~67458806 2.~~09238851~~09563114 0.00000000 0.00000000 B-6 927,394.23 ~~989~~987.~~76697321~~67458366 2.~~09238955~~09562443 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-A1 0.00000000 141.~~35092698~~12591429 ~~942~~941.~~40053122~~27461693 0.~~94240053~~94127462 141.~~35092698~~12591429 2-A1 0.00000000 1510.~~30499518~~21247422 ~~948~~938.~~51513258~~30265836 0.~~94851513~~93830266 1510.~~30499518~~21247422 3-A1 0.00000000 2815.~~62028519~~42336667 ~~855~~839.~~34024259~~91687630 0.~~85534024~~83991688 2815.~~62028519~~42336667 4-A1 0.00000000 137.~~10134027~~76137595 ~~931~~923.~~12275892~~36138270 0.~~93112276~~92336138 137.~~10134027~~76137595 5-A1 0.00000000 613.~~93681577~~40150154 ~~956~~943.~~99974808~~59824654 0.~~95699975~~94359825 613.~~93681577~~40150154 6-A1 0.00000000 5239.~~58027489~~51525578 ~~752~~713.~~80003867~~28478311 0.~~75280004~~71328478 5239.~~58027489~~51525578 7-A1 0.00000000 2962.~~67994395~~71542233 ~~914~~852.~~75122698~~03580465 0.~~91475123~~85203580 2962.~~67994395~~71542233 15-PO 0.00000000 1914.~~19726154~~25327304 ~~942~~927.~~16874751~~91547751 0.~~94216875~~92791548 1914.~~19726154~~25327304 30-PO 0.00000000 179.~~11071740~~55639877 ~~912~~902.~~43803880~~88164318 0.~~91243804~~90288164 179.~~11071740~~55639877 15-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 30-AX-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 30-AX-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 2.~~09238964~~09562860 ~~987~~985.~~67458613~~57895753 0.~~98767459~~98557896 2.~~09238964~~09562860 B-2 0.00000000 2.~~09238935~~09562792 ~~987~~985.~~67458438~~57895646 0.~~98767458~~98557896 2.~~09238935~~09562792 B-3 0.00000000 2.~~09239175~~09562887 ~~987~~985.~~67458419~~57895533 0.~~98767458~~98557896 2.~~09239175~~09562887 B-4 0.00000000 2.~~09238815~~09563045 ~~987~~985.~~67458454~~57895991 0.~~98767458~~98557896 2.~~09238815~~09563045 B-5 0.00000000 2.~~09238851~~09563114 ~~987~~985.~~67458806~~57895692 0.~~98767459~~98557896 2.~~09238851~~09563114 B-6 0.00000000 2.~~09238955~~09562443 ~~987~~985.~~67458366~~57895923 0.~~98767458~~98557896 2.~~09238955~~09562443 (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-A1 28,350,000.00 5.50000% 2726,~~123~~717,~~903~~055.8506 ~~124~~122,~~317~~453.8917 0.00 0.00 2-A1 35,300,000.00 6.00000% 3433,~~022~~482,~~850~~584.5118 ~~170~~167,~~114~~412.2592 0.00 0.00 3-A1 27,000,000.00 6.50000% 23,~~866~~094,~~934~~186.2655 ~~129~~125,~~279~~093.2351 0.00 0.00 4-A1 37,000,000.00 5.50000% 34,~~936~~451,~~291~~542.6708 ~~160~~157,~~124~~902.6790 0.00 0.00 5-A1 26,000,000.00 4.75000% 2524,~~062~~881,~~350~~993.6645 9998,~~205~~491.1422 0.00 0.00 6-A1 45,000,000.00 7.00000% 3633,~~242~~876,~~114~~001.1174 ~~211~~197,~~412~~610.3301 0.00 0.00 7-A1 43,000,000.00 5.25000% 4039,~~610~~334,~~540~~302.3576 ~~177~~172,~~671~~087.1157 0.00 0.00 15-PO 3,291,506.44 0.00000% 3,~~164~~101,~~342~~154.4150 0.00 0.00 0.00 30-PO 3,179,193.41 0.00000% 2,~~955~~900,~~215~~817.2800 0.00 0.00 0.00 15-AX 0.00 5.00000% 2,~~848~~816,~~115~~493.1821 11,~~867~~735.1539 0.00 0.00 30-AX-1 0.00 6.00000% 1,~~468~~422,~~500~~148.8793 7,~~342~~110.5074 0.00 0.00 30-AX-2 0.00 7.00000% ~~752~~670,~~065~~323.7961 43,~~387~~910.0522 0.00 0.00 A-LR 50.00 5.50000% 0.00 0.00 0.00 0.00 A-UR 50.00 5.50000% 0.00 0.00 0.00 0.00 B-1 8,336,000.00 5.~~87974~~88059% 8,~~250~~233,~~697~~255.5135 40,~~426~~347.6403 0.00 0.00 B-2 2,779,000.00 5.~~87974~~88059% 2,~~750~~744,~~562~~747.4267 13,~~477~~450.1662 0.00 0.00 B-3 1,455,000.00 5.~~87974~~88059% 1,~~440~~437,~~110~~066.9552 7,~~056~~042.2334 0.00 0.00 B-4 1,721,000.00 5.~~87974~~88059% 1,~~703~~699,~~388~~787.96 8,~~346~~329.2480 0.00 0.00 B-5 1,323,000.00 5.~~87974~~88059% 1,~~309~~306,~~461~~693.7148 6,~~416~~403.0845 0.00 0.00 B-6 927,394.23 5.~~87974~~88059% ~~917~~915,~~904~~963.1871 4,~~497~~488.5368 0.00 0.00 Totals 264,662,194.08 1,~~175~~143,~~941~~869.2057 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-A1 0.00 0.00 ~~124~~122,~~317~~453.8917 0.00 26,~~717~~685,~~055~~135.0639 2-A1 0.00 0.00 ~~170~~167,~~114~~412.2592 0.00 33,~~482~~122,~~584~~083.1884 3-A1 0.00 0.00 ~~129~~125,~~279~~093.2351 0.00 2322,~~094~~677,~~186~~755.5566 4-A1 0.00 0.00 ~~160~~157,~~124~~902.6790 0.00 34,~~451~~164,~~542~~371.0816 5-A1 0.00 0.00 9998,~~205~~491.1422 0.00 24,~~881~~533,~~993~~554.4541 6-A1 0.00 0.00 ~~211~~197,~~412~~610.3301 0.00 3332,~~876~~097,~~001~~815.7424 7-A1 0.00 0.00 ~~177~~172,~~671~~087.1157 0.00 3936,~~334~~637,~~302~~539.7660 15-PO 0.00 0.00 0.00 0.00 3,~~101~~054,~~154~~239.5077 30-PO 0.00 0.00 0.00 0.00 2,~~900~~870,~~817~~435.0037 15-AX 0.00 0.00 11,~~867~~735.1539 0.00 2,~~816~~702,~~493~~633.2101 30-AX-1 0.00 0.00 7,~~342~~110.5074 0.00 1,~~422~~394,~~148~~419.9356 30-AX-2 0.00 0.00 43,~~387~~910.0522 0.00 ~~670~~623,~~323~~228.6100 A-LR 0.00 0.00 0.00 0.00 0.00 A-UR 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 40,~~426~~347.6403 0.00 8,~~233~~215,~~255~~786.3519 B-2 0.00 0.00 13,~~477~~450.1662 0.00 2,~~744~~738,~~747~~923.6792 B-3 0.00 0.00 7,~~056~~042.2334 0.00 1,~~437~~434,~~066~~017.5238 B-4 0.00 0.00 8,~~346~~329.2480 0.00 1,~~699~~696,~~787~~181.9639 B-5 0.00 0.00 6,~~416~~403.0845 0.00 1,~~306~~303,~~693~~920.4896 B-6 0.00 0.00 4,~~497~~488.5368 0.00 ~~915~~914,~~963~~020.7124 Totals 0.00 0.00 1,~~175~~143,~~941~~869.2057 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-A1 28,350,000.00 5.50000% ~~956~~942.~~75145855~~40053122 4.~~38511076~~31933580 0.00000000 0.00000000 2-A1 35,300,000.00 6.00000% ~~963~~948.~~82012776~~51513258 4.~~81910057~~74257564 0.00000000 0.00000000 3-A1 27,000,000.00 6.50000% ~~883~~855.~~96052815~~34024259 4.~~78811963~~63309296 0.00000000 0.00000000 4-A1 37,000,000.00 5.50000% ~~944~~931.~~22409919~~12275892 4.~~32769378~~26764595 0.00000000 0.00000000 5-A1 26,000,000.00 4.75000% ~~963~~956.~~93656385~~99974808 3.~~81558231~~78812385 0.00000000 0.00000000 6-A1 45,000,000.00 7.00000% ~~805~~752.~~38031356~~80003867 4.~~69805178~~39133356 0.00000000 0.00000000 7-A1 43,000,000.00 5.25000% ~~944~~914.~~43117093~~75122698 4.~~13188628~~00203651 0.00000000 0.00000000 15-PO 3,291,506.44 0.00000% ~~961~~942.~~36600905~~16874751 0.00000000 0.00000000 0.00000000 30-PO 3,179,193.41 0.00000% ~~929~~912.~~54875620~~43803880 0.00000000 0.00000000 0.00000000 15-AX 0.00 5.00000% ~~926~~916.~~32567935~~04089767 3.~~85969144~~81683760 0.00000000 0.00000000 30-AX-1 0.00 6.00000% ~~868~~840.~~28730864~~88058247 4.~~34143397~~20440016 0.00000000 0.00000000 30-AX-2 0.00 7.00000% ~~693~~618.~~49515205~~11902631 43.~~04538798~~60569334 0.00000000 0.00000000 A-LR 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 50.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 8,336,000.00 5.~~87974~~88059% ~~989~~987.~~76697577~~67458613 4.~~84964491~~84009477 0.00000000 0.00000000 B-2 2,779,000.00 5.~~87974~~88059% ~~989~~987.~~76697373~~67458438 4.~~84964376~~84009356 0.00000000 0.00000000 B-3 1,455,000.00 5.~~87974~~88059% ~~989~~987.~~76697595~~67458419 4.~~84964261~~84009622 0.00000000 0.00000000 B-4 1,721,000.00 5.~~87974~~88059% ~~989~~987.~~76697269~~67458454 4.~~84964555~~84009297 0.00000000 0.00000000 B-5 1,323,000.00 5.~~87974~~88059% ~~989~~987.~~76697657~~67458806 4.~~84964475~~84009826 0.00000000 0.00000000 B-6 927,394.23 5.~~87974~~88059% ~~989~~987.~~76697321~~67458366 4.~~84964199~~84009912 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-A1 0.00000000 0.00000000 4.~~38511076~~31933580 0.00000000 ~~942~~941.~~40053122~~27461693 2-A1 0.00000000 0.00000000 4.~~81910057~~74257564 0.00000000 ~~948~~938.~~51513258~~30265836 3-A1 0.00000000 0.00000000 4.~~78811963~~63309296 0.00000000 ~~855~~839.~~34024259~~91687630 4-A1 0.00000000 0.00000000 4.~~32769378~~26764595 0.00000000 ~~931~~923.~~12275892~~36138270 5-A1 0.00000000 0.00000000 3.~~81558231~~78812385 0.00000000 ~~956~~943.~~99974808~~59824654 6-A1 0.00000000 0.00000000 4.~~69805178~~39133356 0.00000000 ~~752~~713.~~80003867~~28478311 7-A1 0.00000000 0.00000000 4.~~13188628~~00203651 0.00000000 ~~914~~852.~~75122698~~03580465 15-PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~942~~927.~~16874751~~91547751 30-PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~912~~902.~~43803880~~88164318 15-AX 0.00000000 0.00000000 3.~~85969144~~81683760 0.00000000 ~~916~~879.~~04089767~~00881840 30-AX-1 0.00000000 0.00000000 4.~~34143397~~20440016 0.00000000 ~~840~~824.~~88058247~~48490948 30-AX-2 0.00000000 0.00000000 43.~~04538798~~60569334 0.00000000 ~~618~~574.~~11902631~~69120703 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 4.~~84964491~~84009477 0.00000000 ~~987~~985.~~67458613~~57895753 B-2 0.00000000 0.00000000 4.~~84964376~~84009356 0.00000000 ~~987~~985.~~67458438~~57895646 B-3 0.00000000 0.00000000 4.~~84964261~~84009622 0.00000000 ~~987~~985.~~67458419~~57895533 B-4 0.00000000 0.00000000 4.~~84964555~~84009297 0.00000000 ~~987~~985.~~67458454~~57895991 B-5 0.00000000 0.00000000 4.~~84964475~~84009826 0.00000000 ~~987~~985.~~67458806~~57895692 B-6 0.00000000 0.00000000 4.~~84964199~~84009912 0.00000000 ~~987~~985.~~67458366~~57895923 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage 15-PO-1 0.00000% 0.00 0.00 1,~~299~~276,~~698~~164.8362 1,~~276~~260,~~164~~530.6248 9291.~~89771594~~75963714% 15-PO-2 0.00000% 0.00 0.00 ~~353,813.34~~ 352,351.97 350,853.33 95.~~50322069~~09702189% 15-PO-3 0.00000% 0.00 0.00 1,~~510~~472,~~830~~637.2592 1,~~472~~442,~~637~~855.9296 9593.~~08048140~~15761696% 30-PO-1 0.00000% 0.00 0.00 343,~~811~~456.2981 343,~~456~~058.8173 99.~~28258373~~16751130% 30-PO-2 0.00000% 0.00 0.00 ~~520,045.59~~ 519,349.53 97513,081.~~19552070~~58 96.02248283% 30-PO-3 0.00000% 0.00 0.00 ~~334~~330,~~444~~731.0930 330,~~731~~382.3093 89.~~15739249~~06348012% 30-PO-4 0.00000% 0.00 0.00 1,~~756~~707,~~914~~279.3137 1,~~707~~683,~~279~~912.3712 8887.~~55331579~~34130122% 15-AX-1 5.00000% ~~430,015.34~~ 428,260.55 426,498.07 0.00 0.00 93.~~87425360~~48791987% 15-AX-2 5.00000% ~~631,318.03~~ 624,894.24 611,841.88 0.00 0.00 9593.~~30518430~~31451533% 15-AX-3 5.00000% 1,~~786~~763,~~781~~338.8143 1,~~763~~664,~~338~~293.4305 0.00 0.00 8984.~~84004454~~79379749% 30-AX-1-1 6.00000% ~~257~~249,~~967~~857.6854 249,~~857~~558.5468 0.00 0.00 89.~~45959336~~35258881% 30-AX-1-2 6.00000% ~~191,752.46~~ 188,746.94 185,668.79 0.00 0.00 9594.~~66967450~~10946055% 30-AX-1-3 6.00000% ~~1,018,780.73~~ 983,544.45 959,192.08 0.00 0.00 8078.~~97184029~~96699321%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 7,~~386~~206,~~032~~123.9511 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 2927,~~779~~535.4244 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 7,~~415~~233,~~812~~658.3755 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 6058,~~354~~417.3745 Payment of Interest and Principal 7,~~355~~175,~~458~~241.0010 Total Withdrawals (Pool Distribution Amount) 7,~~415~~233,~~812~~658.3755 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 5049,~~940~~652.2073 LPMI 87,~~252~~646.9697 Master Servicing Fee 62.8769 WMMSC Servicing Fee 1,~~098~~055.3406 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 6058,~~354~~417.3745

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 23 0 0 23 ~~170~~273,~~542~~845.0641 0.00 0.00 ~~170~~273,~~542~~845.0641 30 Days 2220 0 0 0 2220 32,~~057~~868,~~428~~643.9828 0.00 0.00 0.00 32,~~057~~868,~~428~~643.9828 60 Days 52 0 0 0 52 ~~670~~307,~~367~~987.3975 0.00 0.00 0.00 ~~670~~307,~~367~~987.3975 90 Days 32 0 10 0 42 ~~356~~301,~~298~~533.0168 0.00 ~~183,506~~0.8200 0.00 ~~539~~301,~~804~~533.8368 120 Days 01 0 02 0 03 098,007.0013 0.00 0264,693.0052 0.00 0362,700.0065 150 Days 0 0 10 0 10 0.00 0.00 ~~53,688~~0.1400 0.00 ~~53,688~~0.1400 180+ Days 0 0 0 01 01 0.00 0.00 0.00 053,688.0014 053,688.0014 Totals 3025 23 2 01 3431 43,~~084~~576,~~094~~171.3884 ~~170~~273,~~542~~845.0641 ~~237~~264,~~194~~693.9652 053,688.0014 4,~~491~~168,~~831~~398.4091 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.~~113701~~173110% 0.000000% 0.000000% 0.~~113701~~173110% 0.~~071467~~117735% 0.000000% 0.000000% 0.~~071467~~117735% 30 Days 1.~~250711~~154068% 0.000000% 0.000000% 0.000000% 1.~~250711~~154068% 1.~~281245~~233325% 0.000000% 0.000000% 0.000000% 1.~~281245~~233325% 60 Days 0.~~284252~~115407% 0.000000% 0.000000% 0.000000% 0.~~284252~~115407% 0.~~280924~~132414% 0.000000% 0.000000% 0.000000% 0.~~280924~~132414% 90 Days 0.~~170551~~115407% 0.000000% 0.~~056850~~000000% 0.000000% 0.~~227402~~115407% 0.~~149310~~129639% 0.000000% 0.~~076900~~000000% 0.000000% 0.~~226210~~129639% 120 Days 0.~~000000~~057703% 0.000000% 0.~~000000~~115407% 0.000000% 0.~~000000~~173110% 0.~~000000~~042137% 0.000000% 0.~~000000~~113801% 0.000000% 0.~~000000~~155937% 150 Days 0.000000% 0.000000% 0.~~056850~~000000% 0.000000% 0.~~056850~~000000% 0.000000% 0.000000% 0.~~022499~~000000% 0.000000% 0.~~022499~~000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.~~000000~~057703% 0.~~000000~~057703% 0.000000% 0.000000% 0.000000% 0.~~000000~~023082% 0.~~000000~~023082% Totals 1.~~705514~~442585% 0.~~113701~~173110% 0.~~113701~~115407% 0.~~000000~~057703% 1.~~932916~~788806% 1.~~711479~~537515% 0.~~071467~~117735% 0.~~099399~~113801% 0.~~000000~~023082% 1.~~882345~~792134%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 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 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 1 0 0 1 53,~~096~~044.1545 0.00 0.00 53,~~096~~044.1545 30 Days 43 0 0 0 43 ~~562~~280,~~318~~079.2307 0.00 0.00 0.00 ~~562~~280,~~318~~079.2307 60 Days 10 0 0 0 10 ~~60,608~~0.0600 0.00 0.00 0.00 ~~60,608~~0.0600 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 53 1 0 0 64 ~~622~~280,~~926~~079.2907 53,~~096~~044.1545 0.00 0.00 ~~676~~333,~~022~~123.4452 0-29 Days 0.~~316456~~319489% 0.000000% 0.000000% 0.~~316456~~319489% 0.~~144894~~146223% 0.000000% 0.000000% 0.~~144894~~146223% 30 Days 10.~~265823~~958466% 0.000000% 0.000000% 0.000000% 10.~~265823~~958466% 10.~~534511~~772067% 0.000000% 0.000000% 0.000000% 10.~~534511~~772067% 60 Days 0.~~316456~~000000% 0.000000% 0.000000% 0.000000% 0.~~316456~~000000% 0.~~165393~~000000% 0.000000% 0.000000% 0.000000% 0.~~165393~~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 10.~~582278~~958466% 0.~~316456~~319489% 0.000000% 0.000000% 1.~~898734~~277955% 10.~~699904~~772067% 0.~~144894~~146223% 0.000000% 0.000000% 10.~~844798~~918289% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 43 0 0 0 43 ~~544~~406,~~567~~071.2826 0.00 0.00 0.00 ~~544~~406,~~567~~071.2826 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 43 0 0 0 43 ~~544~~406,~~567~~071.2826 0.00 0.00 0.00 ~~544~~406,~~567~~071.2826 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.~~731602~~321586% 0.000000% 0.000000% 0.000000% 1.~~731602~~321586% 21.~~154330~~633446% 0.000000% 0.000000% 0.000000% 21.~~154330~~633446% 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.~~731602~~321586% 0.000000% 0.000000% 0.000000% 1.~~731602~~321586% 21.~~154330~~633446% 0.000000% 0.000000% 0.000000% 21.~~154330~~633446% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 23 0 0 0 23 ~~257~~305,~~872~~337.5484 0.00 0.00 0.00 ~~257~~305,~~872~~337.5484 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 23 0 0 0 23 ~~257~~305,~~872~~337.5484 0.00 0.00 0.00 ~~257~~305,~~872~~337.5484 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~563380~~849858% 0.000000% 0.000000% 0.000000% 0.~~563380~~849858% 0.~~685888~~818847% 0.000000% 0.000000% 0.000000% 0.~~685888~~818847% 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.~~563380~~849858% 0.000000% 0.000000% 0.000000% 0.~~563380~~849858% 0.~~685888~~818847% 0.000000% 0.000000% 0.000000% 0.~~685888~~818847% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 5 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 01 0 0 0 01 0205,236.0060 0.00 0.00 0.00 0205,236.0060 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 01 0 0 0 01 0205,236.0060 0.00 0.00 0.00 0205,236.0060 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~487805% 0.000000% 0.000000% 0.000000% 0.~~000000~~487805% 0.~~000000~~771371% 0.000000% 0.000000% 0.000000% 0.~~000000~~771371% 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~~487805% 0.000000% 0.000000% 0.000000% 0.~~000000~~487805% 0.~~000000~~771371% 0.000000% 0.000000% 0.000000% 0.~~000000~~771371% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 6 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 01 0 0 01 0104,523.0021 0.00 0.00 0104,523.0021 30 Days 108 0 0 0 108 1,~~239~~257,~~943~~274.1256 0.00 0.00 0.00 1,~~239~~257,~~943~~274.1256 60 Days 42 0 0 0 42 ~~609~~307,~~759~~987.3375 0.00 0.00 0.00 ~~609~~307,~~759~~987.3375 90 Days 2 0 10 0 32 ~~258~~301,~~290~~533.8868 0.00 ~~183,506~~0.8200 0.00 ~~441~~301,~~797~~533.7068 120 Days 0 0 02 0 02 0.00 0.00 0264,693.0052 0.00 0264,693.0052 150 Days 0 0 10 0 10 0.00 0.00 ~~53,688~~0.1400 0.00 ~~53,688~~0.1400 180 Days 0 0 0 01 01 0.00 0.00 0.00 053,688.0014 053,688.0014 Totals 1612 01 2 01 1816 21,~~107~~866,~~993~~795.3399 0104,523.0021 ~~237~~264,~~194~~693.9652 053,688.0014 2,~~345~~289,~~188~~700.2986 0-29 Days 0.~~000000~~429185% 0.000000% 0.000000% 0.~~000000~~429185% 0.~~000000~~281110% 0.000000% 0.000000% 0.~~000000~~281110% 30 Days 43.~~098361~~433476% 0.000000% 0.000000% 0.000000% 43.~~098361~~433476% 3.~~180348~~381382% 0.000000% 0.000000% 0.000000% 3.~~180348~~381382% 60 Days 10.~~639344~~858369% 0.000000% 0.000000% 0.000000% 10.~~639344~~858369% 10.~~563980~~828319% 0.000000% 0.000000% 0.000000% 10.~~563980~~828319% 90 Days 0.~~819672~~858369% 0.000000% 0.~~409836~~000000% 0.000000% 10.~~229508~~858369% 0.~~662494~~810961% 0.000000% 0.~~470679~~000000% 0.000000% 10.~~133173~~810961% 120 Days 0.000000% 0.000000% 0.~~000000~~858369% 0.000000% 0.~~000000~~858369% 0.000000% 0.000000% 0.~~000000~~711881% 0.000000% 0.~~000000~~711881% 150 Days 0.000000% 0.000000% 0.~~409836~~000000% 0.000000% 0.~~409836~~000000% 0.000000% 0.000000% 0.~~137705~~000000% 0.000000% 0.~~137705~~000000% 180 Days 0.000000% 0.000000% 0.000000% 0.~~000000~~429185% 0.~~000000~~429185% 0.000000% 0.000000% 0.000000% 0.~~000000~~144392% 0.~~000000~~144392% Totals 65.~~557377~~150215% 0.~~000000~~429185% 0.~~819672~~858369% 0.~~000000~~429185% 76.~~377049~~866953% 5.~~406822~~020662% 0.~~000000~~281110% 0.~~608385~~711881% 0.~~000000~~144392% 6.~~015207~~158045% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 7 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 1 0 0 1 ~~117~~116,~~445~~277.9175 0.00 0.00 ~~117~~116,~~445~~277.9175 30 Days 2 0 0 0 2 ~~452~~414,~~727~~643.8195 0.00 0.00 0.00 ~~452~~414,~~727~~643.8195 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 10 0 0 0 10 ~~98,007~~0.1300 0.00 0.00 0.00 ~~98,007~~0.1300 120 Days 01 0 0 0 01 098,007.0013 0.00 0.00 0.00 098,007.0013 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 3 1 0 0 4 ~~550~~512,~~734~~651.9408 ~~117~~116,~~445~~277.9175 0.00 0.00 ~~668~~628,~~180~~928.8583 0-29 Days 0.~~497512~~507614% 0.000000% 0.000000% 0.~~497512~~507614% 0.~~266984~~281955% 0.000000% 0.000000% 0.~~266984~~281955% 30 Days 01.~~995025~~015228% 0.000000% 0.000000% 0.000000% 01.~~995025~~015228% 1.~~029163~~005446% 0.000000% 0.000000% 0.000000% 1.~~029163~~005446% 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.~~497512~~000000% 0.000000% 0.000000% 0.000000% 0.~~497512~~000000% 0.~~222794~~000000% 0.000000% 0.000000% 0.000000% 0.~~222794~~000000% 120 Days 0.~~000000~~507614% 0.000000% 0.000000% 0.000000% 0.~~000000~~507614% 0.~~000000~~237652% 0.000000% 0.000000% 0.000000% 0.~~000000~~237652% 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.~~492537~~522843% 0.~~497512~~507614% 0.000000% 0.000000% 12.~~990050~~030457% 1.~~251957~~243098% 0.~~266984~~281955% 0.000000% 0.000000% 1.~~518941~~525053%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 2927,~~779~~535.4244

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 150,000.00 0.05667602% 150,000.00 0.~~06297833~~06461457% Fraud 7,939,866.00 3.00000007% 7,939,866.00 3.~~33359683~~42020690% Special Hazard 5,793,727.00 2.18910261% 5,793,727.00 2.~~43252846~~49572789% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Fixed 15 & 30 Year Weighted Average Gross Coupon 6.~~071268~~057444% Weighted Average Pass-Through Rate 5.~~774876~~763121% Weighted Average Maturity(Stepdown Calculation ) ~~274~~270 Beginning Scheduled Collateral Loan Count 1,~~793~~759 Number Of Loans Paid In Full 3426 Ending Scheduled Collateral Loan Count 1,~~759~~733 Beginning Scheduled Collateral Balance ~~244~~238,~~356~~177,~~668~~152.8303 Ending Scheduled Collateral Balance ~~238~~232,~~177~~145,~~152~~780.0350 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2004 ~~238~~232,~~629~~594,~~541~~218.42 Monthly P &I Constant 1,~~795~~751,~~480~~961.5557 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Non-PO Optimal Amount 76,~~005~~905,~~454~~921.6980 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans ~~238~~232,~~177~~145,~~152~~780.0350 Scheduled Principal ~~559~~549,~~184~~674.9532 Unscheduled Principal 5,~~620~~481,~~331~~697.8521

Group Level Collateral Statement Group 1 2 3 Collateral Description Fixed 30 Year Fixed 30 Year Fixed 30 Year Weighted Average Coupon Rate 5.~~740676~~738942 6.~~200989~~199881 6.~~918689~~915845 Weighted Average Net Rate 5.~~490677~~488942 5.~~950988~~949881 6.~~668689~~665845 Weighted Average Maturity ~~353~~352 ~~353~~352 ~~353~~352 Beginning Loan Count ~~207~~205 ~~319~~316 ~~237~~231 Loans Paid In Full 20 3 64 Ending Loan Count 205 ~~316~~313 ~~231~~227 Beginning Scheduled Balance 29,~~558~~149,~~696~~196.8556 3736,~~159~~615,~~449~~847.7104 2625,~~036~~258,~~842~~767.52 Ending scheduled Balance 29,~~149~~114,~~196~~569.5616 36,~~615~~246,~~847~~421.0448 2524,~~258~~840,~~767~~362.5272 Record Date 1011/3130/2004 1011/3130/2004 1011/3130/2004 Principal And Interest Constant ~~173~~171,~~891~~650.1397 ~~229~~226,~~537~~422.9511 ~~173~~167,~~042~~982.0297 Scheduled Principal 32,~~485~~246.3735 37,~~516~~243.8385 22,~~924~~411.6754 Unscheduled Principal ~~377~~2,~~014~~381.9205 ~~506~~332,~~085~~181.8471 ~~755~~395,~~150~~993.3326 Scheduled Interest ~~141~~139,~~405~~404.7662 ~~192~~189,~~021~~178.1226 ~~150~~145,~~117~~571.3543 Servicing Fees 6,~~158~~072.0475 7,~~741~~628.5832 5,~~424~~262.3424 Master Servicing Fees 27.2623 3.8584 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 2928.0299 119.9483 ~~377~~364.8452 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 ~~135~~133,~~191~~275.4465 ~~184~~181,~~155~~426.7527 ~~144~~139,~~315~~944.1767 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.~~488391~~486627 5.~~946992~~945829 6.~~651275~~648527

Group Level Collateral Statement Group 4 5 6 Collateral Description Fixed 15 Year Fixed 15 Year Fixed 30 Year Weighted Average Coupon Rate 5.~~618987~~620399 5.~~054684~~054133 7.~~319409~~299286 Weighted Average Net Rate 5.~~368987~~370399 4.~~804684~~804133 7.~~068465~~048287 Weighted Average Maturity ~~173~~172 ~~173~~172 ~~352~~351 Beginning Loan Count ~~359~~355 ~~208~~207 ~~256~~244 Loans Paid In Full 42 12 1211 Ending Loan Count ~~355~~353 ~~207~~205 ~~244~~233 Beginning Scheduled Balance 37,~~994~~479,~~157~~056.4319 2726,~~057~~868,~~062~~733.7145 4138,~~377~~958,~~093~~591.0278 Ending scheduled Balance 37,~~479~~169,~~056~~493.1939 26,~~868~~512,~~733~~254.4551 3837,~~958~~154,~~591~~257.7886 Record Date 1011/3130/2004 1011/3130/2004 1011/3130/2004 Principal And Interest Constant ~~325~~320,~~322~~219.9053 ~~221~~220,~~359~~733.2301 ~~286~~269,~~279~~223.6036 Scheduled Principal ~~147~~144,~~415~~680.6814 107,~~388~~567.4788 3332,~~899~~248.7243 Unscheduled Principal ~~367~~164,~~685~~882.5666 80248,~~940~~911.7906 21,~~384~~772,~~601~~085.5249 Scheduled Interest ~~177~~175,~~907~~539.2239 113,~~970~~165.7613 ~~252~~236,~~379~~974.8893 Servicing Fees 7,~~915~~808.4514 5,~~636~~597.9066 8,~~652~~148.7681 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 1716.0397 32.0199 87,~~222~~616.4255 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 ~~169~~167,~~974~~714.7428 ~~108~~107,~~330~~564.8548 ~~235~~221,~~504~~209.7057 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.~~368449~~369856 4.~~804551~~803999 6.~~830003~~813683

Group Level Collateral Statement Group 7 Total Collateral Description Fixed 15 Year Fixed 15 & 30 Year Weighted Average Coupon Rate 5.~~538489~~540731 6.~~071268~~057444 Weighted Average Net Rate 5.~~288489~~290730 5.~~821108~~807280 Weighted Average Maturity ~~171~~170.00 ~~274~~270.00 Record Date 1011/3130/2004 1011/3130/2004 Principal And Interest Constant ~~386~~375,~~047~~729.7262 1,~~795~~751,~~480~~961.5557 Beginning Loan Count ~~207~~201 1,~~793~~759 Loans Paid In Full 64 3426 Ending Loan Count ~~201~~197 1,~~759~~733 Beginning Scheduled Balance 4543,~~173~~846,~~366~~959.5949 ~~244~~238,~~356~~177,~~668~~152.8303 Ending Scheduled Balance 4341,~~846~~108,~~959~~421.4938 ~~238~~232,~~177~~145,~~152~~780.0350 Scheduled Principal ~~177~~173,~~554~~276.2113 ~~559~~549,~~184~~674.9532 Unscheduled Principal 12,~~148~~565,~~852~~261.8998 5,~~620~~481,~~331~~697.8521 Scheduled Interest ~~208~~202,~~493~~453.5149 1,~~236~~202,~~295~~287.6025 Servicing Fee 9,~~411~~134.1381 5049,~~940~~652.2073 Master Servicing Fee 31.7662 62.8769 Trustee Fee 0.00 0.00 Fry Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee ~~582~~552.0418 98,~~351~~702.3003 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest ~~198~~192,~~468~~734.5888 1,~~175~~143,~~941~~869.2380 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.~~272185~~274752 5.~~774876~~763121

Miscellaneous Reporting Group 1 Subordinate % 7.~~157248~~250932% Senior Prepayment % 100.000000% Senior % 92.~~842752~~749068% Group 2 Subordinate % 7.~~141365~~241460% Senior Prepayment % 100.000000% Senior % 92.~~858635~~758540% Group 3 Subordinate % 7.~~141217~~356575% Senior Prepayment % 100.000000% Senior % 92.~~858783~~643425%

Miscellaneous Reporting Group 4 Subordinate % 4.~~791369~~837596% Senior Prepayment % 100.000000% Senior % 95.~~208631~~162404% Group 5 Subordinate % 6.~~144940~~163692% Senior Prepayment % 100.000000% Senior % 93.~~855060~~836308% Group 6 Subordinate % 89.~~526122~~060917% Senior Prepayment % 100.000000% Senior % 9190.~~473878~~939083%

Miscellaneous Reporting Group 7 Subordinate % 67.~~989965~~174201% Senior Prepayment % 100.000000% Senior % 9392.~~010035~~825799%

Filing Compare · MASTR Alternative Loan Trust 2004-5