Wells Fargo Bank Minnesota, N.A. FRB Series 2002-FRB2 Certificateholder Distribution Statement (December 2002)

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Summary

This document is a distribution statement prepared by Wells Fargo Bank Minnesota, N.A., as Certificate Administrator, for the FRB Series 2002-FRB2. It summarizes the principal and interest payments made to certificateholders as of December 16, 2002, in accordance with the Pooling and Servicing Agreement. The statement details the amounts distributed to each class of certificateholders, the remaining balances, and confirms that all calculations were performed as required. No realized losses or interest shortfalls are reported for this period.

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EX-10.1 3 f86777exv10w1.txt EXHIBIT 10.1 EXHIBIT 10.1 CONTACT: CUSTOMER SERVICES -- CTSLINK WELLS FARGO BANK MINNESOTA, N.A. SECURITIES ADMINISTRATION SERVICES 7485 NEW HORIZON WAY FREDERICK, MD 21703 WWW.CTSLINK.COM TELEPHONE: (301) 815-6600 FAX: (301) 315-6660 FRB SERIES 2002-FRB2 RECORD DATE: NOVEMBER 30, 2002 DISTRIBUTION DATE: DECEMBER 16, 2002 CERTIFICATEHOLDER DISTRIBUTION SUMMARY
Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution - --------------------------------------------------------------------------------- A-1 336161BT0 SEN 3.98600% 58,144,000.00 193,134.99 A-2 336161BU7 SEN 1.84000% 310,464,000.00 158,681.60 A-R 336161BW3 SEN 4.88731% 100.00 0.41 B-1 336161BX1 SUB 2.49000% 3,799,000.00 2,627.64 B-2 336161BY9 SUB 3.50968% 1,519,000.00 4,442.67 B-3 336161BZ6 SUB 3.50968% 2,279,000.00 6,665.47 B-4 336161CA0 SUB 3.50968% 1,519,000.00 4,442.67 B-5 336161CB8 SUB 3.50968% 1,139,000.00 3,331.27 B-6 336161CC6 SUB 3.50968% 1,146,346.99 3,352.76 X 336161BV5 SEN 2.32017% 0.00 734,739.16 - --------------------------------------------------------------------------------- Totals 380,009,446.99 1,111,418.64
Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Loss - ------------------------------------------------------------------------------ A-1 16,166.20 0.00 58,127,833.80 209,301.19 0.00 A-2 712,442.86 0.00 309,751,557.14 871,124.46 0.00 A-R 100.00 0.00 0.00 100.41 0.00 B-1 0.00 0.00 3,799,000.00 2,627.64 0.00 B-2 0.00 0.00 1,519,000.00 4,442.67 0.00 B-3 0.00 0.00 2,279,000.00 6,665.47 0.00 B-4 0.00 0.00 1,519,000.00 4,442.67 0.00 B-5 0.00 0.00 1,139,000.00 3,331.27 0.00 B-6 0.00 0.00 1,146,346.99 3,352.76 0.00 X 0.00 0.00 0.00 734,739.16 0.00 - ------------------------------------------------------------------------------ Totals 728,709.06 0.00 379,280,737.93 1,840,127.70 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
Beginning Scheduled Unscheduled Original Certificate Principal Principal Class Face Amount Balance Distribution Distribution Accretion - ----------------------------------------------------------------------------------- A-1 58,144,000.00 58,144,000.00 7,232.05 8,934.15 0.00 A-2 310,464,000.00 310,464,000.00 32,423.10 680,019.76 0.00 A-R 100.00 100.00 44.74 55.26 0.00 B-1 3,799,000.00 3,799,000.00 0.00 0.00 0.00 B-2 1,519,000.00 1,519,000.00 0.00 0.00 0.00 B-3 2,279,000.00 2,279,000.00 0.00 0.00 0.00 B-4 1,519,000.00 1,519,000.00 0.00 0.00 0.00 B-5 1,139,000.00 1,139,000.00 0.00 0.00 0.00 B-6 1,146,346.99 1,146,346.99 0.00 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 - ----------------------------------------------------------------------------------- Totals 380,009,446.99 380,009,446.99 39,699.89 689,009.17 0.00
Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (1) Reduction Balance Percentage Distribution - ----------------------------------------------------------------------------- A-1 0.00 16,166.20 58,127,833.80 0.99972196 16,166.20 A-2 0.00 712,442.86 309,751,557.14 0.99770523 712,442.86 A-R 0.00 100.00 0.00 0.00000000 100.00 B-1 0.00 0.00 3,799,000.00 1.00000000 0.00 B-2 0.00 0.00 1,519,000.00 1.00000000 0.00 B-3 0.00 0.00 2,279,000.00 1.00000000 0.00 B-4 0.00 0.00 1,519,000.00 1.00000000 0.00 B-5 0.00 0.00 1,139,000.00 1.00000000 0.00 B-6 0.00 0.00 1,146,346.99 1.00000000 0.00 X 0.00 0.00 0.00 0.00000000 0.00 - ----------------------------------------------------------------------------- Totals 0.00 728,709.06 379,280,737.93 0.99808239 728,709.06
(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 FACTORS STATEMENT
Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class Amount Balance Distribution Distribution Accretion - ---------------------------------------------------------------------------------- A-1 58,144,000.00 1000.00000000 0.12438171 0.15365558 0.00000000 A-2 310,464,000.00 1000.00000000 0.10443433 2.19033369 0.00000000 A-R 100.00 1000.00000000 447.40000000 552.60000000 0.00000000 B-1 3,799,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 1,519,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 2,279,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 1,159,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-5 1,139,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-6 1,146,346.99 1000.00000000 0.00000000 0.00000000 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000
Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution - --------------------------------------------------------------------------------- A-1 0.00000000 0.27803729 999.72196271 0.99972196 0.27803729 A-2 0.00000000 2.29476802 997.70523198 0.99770523 2.29476802 A-R 0.00000000 1000.00000000 0.00000000 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-5 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-6 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 X 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
Payment Beginning of Original Current Certificate/ Current Unpaid Face Certificate Notional Accrued Interest Class Amount Rate Balance Interest Shortfall - --------------------------------------------------------------------------------- A-1 58,144,000.00 3.98600% 58,144,000.00 193,134.99 0.00 A-2 310,464,000.00 1.84000% 310,464,000.00 158,681.60 0.00 A-R 100.00 4.88731% 100.00 0.41 0.00 B-1 3,799,000.00 2.49000% 3,799,000.00 2,627.64 0.00 B-2 1,519,000.00 3.50968% 1,519,000.00 4,442.67 0.00 B-3 2,279,000.00 3.50968% 2,279,000.00 6,665.47 0.00 B-4 1,519,000.00 3.50968% 1,519,000.00 4,442.67 0.00 B-5 1,139,000.00 3.50968% 1,139,000.00 3,331.27 0.00 B-6 1,146,346.99 3.50968% 1,146,346.99 3,352.76 0.00 X 0.00 2.32017% 380,009,446.99 734,739.16 0.00 - --------------------------------------------------------------------------------- Totals 380,009,446.99 1,111,418.64 0.00
Non- Remaining Ending Current Supported Total Unpaid Certificate/ Interest Interest Realized Interest Interest Notational Class Shortfall Shortfall Loss (4) Distribution Shortfall Balance - ------------------------------------------------------------------------------------- A-1 0.00 0.00 0.00 193,134.99 0.00 58,127,833.80 A-2 0.00 0.00 0.00 158,681.60 0.00 309,751,557.14 A-R 0.00 0.00 0.00 0.41 0.00 0.00 B-1 0.00 0.00 0.00 2,627.64 0.00 3,799,000.00 B-2 0.00 0.00 0.00 4,442.67 0.00 1,519,000.00 B-3 0.00 0.00 0.00 6,665.47 0.00 2,279,000.00 B-4 0.00 0.00 0.00 4,442.67 0.00 1,519,000.00 B-5 0.00 0.00 0.00 3,331.27 0.00 1,139,000.00 B-6 0.00 0.00 0.00 3,352.76 0.00 1,146,346.99 X 0.00 0.00 0.00 734,739.16 0.00 379,280,737.93 - ------------------------------------------------------------------------------------- Totals 0.00 0.00 0.00 1,111,418.64 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 Current Certificate/ Current Unpaid Class Original Certificate Notional Accrued Interest (5) Face Amount Rate Balance Interest Shortfall - ------------------------------------------------------------------------------ A-1 58,144,000.00 3.98600% 1000.00000000 3.32166672 0.00000000 A-2 310,464,000.00 1.84000% 1000.00000000 0.51111111 0.00000000 A-R 100.00 4.88731% 1000.00000000 4.10000000 0.00000000 B-1 3,799,000.00 2.49000% 1000.00000000 0.69166623 0.00000000 B-2 1,519,000.00 3.50968% 1000.00000000 2.92473338 0.00000000 B-3 2,279,000.00 3.50968% 1000.00000000 2.92473453 0.00000000 B-4 1,519,000.00 3.50968% 1000.00000000 2.92473338 0.00000000 B-5 1,139,000.00 3.50968% 1000.00000000 2.92473222 0.00000000 B-6 1,146,346.99 3.50968% 1000.00000000 2.92473398 0.00000000 X 0.00 2.32017% 1000.00000000 1.93347604 0.00000000
Non- Remaining Ending Current Supported Total Unpaid Certificate/ Class Interest Interest Realized Interest Interest Notational (5) Shortfall Shortfall Loss (6) Distribution Shortfall Balance - ---------------------------------------------------------------------------------------- A-1 0.00000000 0.00000000 0.00000000 3.32166672 0.00000000 999.72196271 A-2 0.00000000 0.00000000 0.00000000 0.51111111 0.00000000 997.70523198 A-R 0.00000000 0.00000000 0.00000000 4.10000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 0.00000000 0.69166623 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 0.00000000 2.92473338 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 0.00000000 2.92473453 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 0.00000000 2.92473338 0.00000000 1000.00000000 B-5 0.00000000 0.00000000 0.00000000 2.92473222 0.00000000 1000.00000000 B-6 0.00000000 0.00000000 0.00000000 2.92473398 0.00000000 1000.00000000 X 0.00000000 0.00000000 0.00000000 1.93347604 0.00000000 998.08239225
(5) Per $1 denomination (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 1,936,713.44 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 0.00 ------------ Total Deposits 1,936,713.44 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 96,585.74 Payment of Interest and Principal 1,840,127.70 ------------ Total Withdrawals (Pool Distribution Amount) 1,936,713.44 Ending Balance 0.00 ============
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 ------------ Non-Supported Prepayment Curtailment Interest Shortfall 0.00 ============
SERVICING FEES Gross Servicing Fee 95,002.37 Special Servicing Fee 0.00 Trustee Fee 1,583.37 Supported Prepayment/Curtailment Interest Shortfall 0.00 ------------ Net Servicing Fee 96,585.74 ============
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENT BANKRUPTCY FORECLOSURE - --------------------------------- --------------------------------- --------------------------------- No. of Principal No. of Principal No. of Principal Loans Balance Loans Balance Loans Balance 0-29 Days 0 0.00 0-29 Days 0 0.00 0-29 Days 0 0.00 30 Days 0 0.00 30 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+ Days 0 0.00 180+ Days 0 0.00 --------------------- --------------------- --------------------- 0 0.00 0 0.00 0 0.00
No. of Principal No. of Principal No. of Principal Loans Balance Loans Balance Loans Balance 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% --------------------- --------------------- --------------------- 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
REO TOTAL - --------------------------------- --------------------------------- No. of Principal No. of Principal Loans Balance Loans Balance 0-29 Days 0 0.00 0-29 Days 0 0.00 30 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+ Days 0 0.00 --------------------- --------------------- 0 0.00 0 0.00
No. of Principal No. of Principal Loans Balance Loans Balance 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% --------------------- --------------------- 0.000000% 0.000000% 0.000000% 0.000000%
Current Period Class A Insufficient Funds: 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00
Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.02631514% 100,000.00 0.02636569% Fraud 7,600,189.00 2.00000002% 7,600,189.00 2.00384260% Special Hazard 11,400,283.00 2.99999989% 11,400,283.00 3.00576377%
Limit of subordinate's exposure to certain types of losses DELINQUENCY STATUS BY GROUP GROUP 1
DELINQUENT BANKRUPTCY FORECLOSURE - --------------------------------- --------------------------------- --------------------------------- No. of Principal No. of Principal No. of Principal Loans Balance Loans Balance Loans Balance 0-29 Days 0 0.00 0-29 Days 0 0.00 0-29 Days 0 0.00 30 Days 0 0.00 30 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+Days 0 0.00 180+ Days 0 0.00 --------------------- --------------------- --------------------- 0 0.00 0 0.00 0 0.00
No. of Principal No. of Principal No. of Principal Loans Balance Loans Balance Loans Balance 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% --------------------- --------------------- --------------------- 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
REO TOTAL - --------------------------------- --------------------------------- No. of Principal No. of Principal Loans Balance Loans Balance 0-29 Days 0 0.00 0-29 Days 0 0.00 30 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+Days 0 0.00 --------------------- --------------------- 0 0.00 0 0.00
No. of Principal No. of Principal Loans Balance Loans Balance 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% --------------------- --------------------- 0.000000% 0.000000% 0.000000% 0.000000%
GROUP 2
DELINQUENT BANKRUPTCY FORECLOSURE - --------------------------------- --------------------------------- --------------------------------- No. of Principal No. of Principal No. of Principal Loans Balance Loans Balance Loans Balance 0-29 Days 0 0.00 0-29 Days 0 0.00 0-29 Days 0 0.00 30 Days 0 0.00 30 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+ Days 0 0.00 180+ Days 0 0.00 --------------------- --------------------- --------------------- 0 0.00 0 0.00 0 0.00
No. of Principal No. of Principal No. of Principal Loans Balance Loans Balance Loans Balance 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% --------------------- --------------------- --------------------- 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
REO TOTAL - --------------------------------- --------------------------------- No. of Principal No. of Principal Loans Balance Loans Balance 0-29 Days 0 0.00 0-29 Days 0 0.00 30 Days 0 0.00 30 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+ Days 0 0.00 --------------------- --------------------- 0 0.00 0 0.00
No. of Principal No. of Principal Loans Balance Loans Balance 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% --------------------- --------------------- 0.000000% 0.000000% 0.000000% 0.000000%
COLLATERAL STATEMENT
Collateral Description Fixed Mixed & ARM & Balloon Weighted Average Gross Coupon 3.814656% Weighted Average Net Coupon 3.514656% Weighted Average Pass-Through Rate 3.509655% Weighted Average Maturity (Stepdown Calculation) 355 Beginning Scheduled Collateral Loan Count 409 Number of Loans Paid in Full 1 Ending Scheduled Collateral Loan Count 408 Beginning Scheduled Collateral Balance 380,009,446.99 Ending Scheduled Collateral Balance 379,280,737.93 Ending Actual Collateral Balance at 30-Nov-2002 379,280,737.93 Monthly P&I Constant 1,247,704.28 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realization Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 379,280,737.93 Scheduled Principal 39,699.89 Unscheduled Principal 689,009.17 MISCELLANEOUS REPORTING Senior Percentage 100.000000% Senior Percentage Group 1 100.000000% Senior Percentage Group 2 100.000000% Senior Prepayment Percentage 100.000000% Senior Prepayment Percentage Group 1 100.000000% Senior Prepayment Percentage Group 2 100.000000% Subordinate Percentage 0.000000% Subordinate Percentage Group 1 0.000000% Subordinate Percentage Group 2 0.000000%
GROUP 1 2 TOTAL Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed Mixed & ARM & B Weighted Average Coupon Rate 5.192311 3.556646 3.814656 Weighted Average Net Rate 4.892311 3.256646 3.514656 Pass-Through Rate 4.887310 3.251645 3.509655 Weighted Average Maturity 357 353 355 Record Date 11/30/2002 11/30/2002 11/30/2002 Principal and Interest Constant 266,644.57 981,059.71 1,247,704.28 Beginning Loan Count 73 336 409 Loans Paid in Full 0 1 1 Ending Loan Count 73 335 408 Beginning Scheduled Balance 59,942,738.78 320,066.708.21 380,009,446.99 Ending Scheduled Balance 59,926,472.58 319,354,265.35 379,280,737.93 Scheduled Principal 7,276.79 32,423.10 39,699.89 Unscheduled Principal 8,989.41 680,019.76 689,009.17 Scheduled Interest 259,367.78 948,636.61 1,208,004.39 Servicing Fee 14,985.69 80,016.68 95,002.37 Master Servicing Fee 0.00 0.00 0.00 Trustee Fee 249.76 1,333.61 1,583.37 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 244,132.33 867,286.32 1,111,418.65 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00