Item 1. Business
Omitted.
Item 2.
Item 2. Properties
See Item 14(a), Exhibits 99.1, 99.2, and 99.3, for information provided in lieu of information required in lieu of information required by Item 102 of Regulation S-K.
Item 3.
Item 3. Legal Proceedings
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The registrant knows of no material pending legal proceedings involving the trusts created under the Pooling and Servicing Agreements (the Trusts), the Trustee, the Master Servicer or the Registrant with respect to the Trusts other than routine litigation incidental to the duties of the respective parties.
Item 4.
Item 4. Submission of Matters to a Vote of Security Holders.
None.
PART II
Item 5.
Item 5. Market for registrant's Common Equity and Related Stockholder Matters.
No established public trading market for the Certificates exists.
Records provided to the Trust by the DTC and Trustee indicate that as of December 31, 2003, the number of holders of record for each class of Certificates were as follows.
Class I-A 2 Class I-AI-O 1 Class I-B-1 1 Class I-B-2 1 Class I-B-3 1 Class I-B-4 0 Class I-B-5 0 Class I-B-6 0 Class II-A-1 6 Class II-B-1 1 Class II-B-2 1 Class II-B-3 1 Class II-B-4 0 Class II-B-5 0 Class II-B-6 0 Class III-A-1 1 Class III-B-1 1 Class III-B-2 1 Class III-B-3 1 Class III-B-4 0 Class III-B-5 0 Class III-B-6 0 Class R-1 0 Class R-2 0
Total: 19
Item 6.
Item 6. Selected Financial Data
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Omitted.
Item 7.
Item 7. Management's Discussion and Analysis of Financial Conditions and Results of Operation.
Omitted.
Item 7A.
Item 7A. Quantitative and Qualitative Disclosures about Market Risk.
Not applicable.
Item 8.
Item 8. Financial Statements and Supplementary Data.
See Item 14(a), Exhibits 99.1, 99.2, and 99.3, for information provided in lieu of information required by Item 302 of Regulation S-K.
Item 9.
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
None.
PART III
Item 10.
Item 10. Directors and Executive Officers of the Registrant.
Not applicable.
Item 11.
Item 11. Executive Compensation.
Not applicable.
Item 12.
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.
Not applicable.
Item 13.
Item 13. Certain Relationships and Related Transactions.
Not applicable.
Item 14.
Item 14. Control and Procedures.
Not applicable.
PART IV
Item 14. Exhibits, Financial Statement Schedule, and reports on Form 8-K.
(a) Exhibits
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(99.1) Annual Independent Accountants' Servicing Reports concerning servicing activities for the year ended December 31, 2003.
a) Bank of America, N.A. b) Cendant Mortgage Company c) Chase Mortgage Company d) CitiMortgage, Inc. e) Countrywide Mortgage Company f) EMC Mortgage Corporation g) EverHome Mortgage Corporation (f/k/a Alliance Mortgage Company) h) GMAC Mortgage Company i) SouthTrust Mortgage Company j) Washington Mutual Bank, FA k) Wells Fargo Home Mortgage, Inc.
(99.2) Report of Management as to Compliance with Minimum Servicing Standards for the year ended December 31, 2003.
a) Bank of America, N.A. b) Cendant Mortgage Company c) Chase Mortgage Company d) CitiMortgage, Inc. e) Countrywide Mortgage Company f) EMC Mortgage Corporation g) EverHome Mortgage Corporation (f/k/a Alliance Mortgage Company) h) GMAC Mortgage Company i) SouthTrust Mortgage Company j) Washington Mutual Bank, FA k) Wells Fargo Home Mortgage, Inc.
(99.3) Annual Statement of Compliance under the Pooling and Servicing Agreement for the year ended December 31, 2003.
a) Bank of America, N.A. b) Cendant Mortgage Company c) Chase Mortgage Company d) CitiMortgage, Inc. e) Countrywide Mortgage Company f) EMC Mortgage Corporation g) EverHome Mortgage Corporation (f/k/a Alliance Mortgage Company) h) GMAC Mortgage Company i) SouthTrust Mortgage Company j) Washington Mutual Bank, FA k) Wells Fargo Home Mortgage, Inc.
(99.4) Aggregate Statement of Principal and Interest Distribution to Certificatesholders.
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(b) On November 25, 2003, December 26, 2002 and January 26, 2003 a report on Form 8-K was filed by the Company in order to provide the statement for the monthly distributions to holders of the Certificates. No other reports on Form 8-K have been filed during the last quarter of the period covered by this report.
(c) See (a) above.
(d) Omitted.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized:
STRUCTURED ASSET MORTGAGE INVESTMENTS INC. (Registrant)
By: /s/ Jeffrey Mayer --------------------------------- Name: Jeffrey Mayer Title: President
Dated: March 26, 2004