Certificateholder Distribution Statement for SMT Series 2002-7 Administered by Wells Fargo Bank Minnesota, N.A.

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Summary

This document is a distribution statement prepared by Wells Fargo Bank Minnesota, N.A. for certificateholders of the SMT Series 2002-7 as of December 31, 2002. It details the interest and principal distributions made to holders of various classes of certificates, including senior and subordinate tranches, as well as realized losses and principal reduction factors. The statement is prepared in accordance with the Pooling and Servicing Agreement and provides a summary of payments, balances, and rates for each class of certificates.

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EX-10.1 3 f87275bexv10w1.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 SMT SERIES 2002-7 RECORD DATE: DECEMBER 31, 2002 DISTRIBUTION DATE: JANUARY 21, 2003 CERTIFICATEHOLDER DISTRIBUTION SUMMARY
- --------------------------------------------------------------------------------------------------------- Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution - --------------------------------------------------------------------------------------------------------- A 81743YAA5 SEN 1.76000% 520,750,352.31 763,767.18 A-R SMT0207AR SEN 3.52329% 0.00 0.00 B-1 81743YAE7 SUB 2.17000% 8,080,000.00 14,611.33 B-2 81743YAF4 SUB 3.24876% 5,771,000.00 15,623.83 B-3 81743YAG2 SUB 3.24876% 3,463,000.00 9,375.38 B-4 SMT0207B4 SUB 3.24876% 1,442,000.00 3,903.93 B-5 SMT0207B5 SUB 3.24876% 1,154,000.00 3,124.22 B-6 SMT0207B6 SUB 3.24876% 2,600,498.71 7,040.33 X-1 81743YAC1 SEN 1.34577% 0.00 102,067.15 X-2 81743YAD9 SEN 1.51092% 0.00 551,264.72 - --------------------------------------------------------------------------------------------------------- Totals 543,260,851.02 1,470,778.07 - ---------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------- Ending Principal Current Certificate Total Cumulative Distribution Realized Loss Balance Distribution Realized Loss - --------------------------------------------------------------------------------------------------------- 3,264,161.58 0.00 517,486,190.73 4,027,928.76 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8,080,000.00 14,611.33 0.00 0.00 0.00 5,771,000.00 15,623.83 0.00 0.00 0.00 3,463,000.00 9,375.38 0.00 0.00 0.00 1,442,000.00 3,903.93 0.00 0.00 0.00 1,154,000.00 3,124.22 0.00 0.00 0.00 2,600,498.71 7,040.33 0.00 0.00 0.00 0.00 102,067.15 0.00 0.00 0.00 0.00 551,264.72 0.00 - --------------------------------------------------------------------------------------------------------- 3,264,161.58 0.00 539,996,689.44 4,734,939.65 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 Face Certificate Principal Principal Class Amount Balance Distribution Distribution Accretion - ------------------------------------------------------------------------------------------------------ A 554,686,000.00 520,750,352.31 0.00 3,264,161.58 0.00 A-R 100.00 0.00 0.00 0.00 0.00 B-1 8,080,000.00 8,080,000.00 0.00 0.00 0.00 B-2 5,771,000.00 5,771,000.00 0.00 0.00 0.00 B-3 3,463,000.00 3,463,000.00 0.00 0.00 0.00 B-4 1,442,000.00 1,442,000.00 0.00 0.00 0.00 B-5 1,154,000.00 1,154,000.00 0.00 0.00 0.00 B-6 2,600,498.71 2,600,498.71 0.00 0.00 0.00 X-1 50.00 0.00 0.00 0.00 0.00 X-2 50.00 0.00 0.00 0.00 0.00 - ------------------------------------------------------------------------------------------------------ Totals 577,196,698.71 543,260,851.02 0.00 3,264,161.58 0.00 - ------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------- Ending Ending Realized Total Principal Certificate Certificate Total Principal Loss (1) Reduction Balance Percentage Distribution - --------------------------------------------------------------------------------------------- 0.00 3,264,161.58 517,486,190.73 0.93293537 3,264,161.58 0.00 0.00 0.00 0.00000000 0.00 0.00 0.00 8,080,000.00 1.00000000 0.00 0.00 0.00 5,771,000.00 1.00000000 0.00 0.00 0.00 3,463,000.00 1.00000000 0.00 0.00 0.00 1,442,000.00 1.00000000 0.00 0.00 0.00 1,154,000.00 1.00000000 0.00 0.00 0.00 2,600,498.71 1.00000000 0.00 0.00 0.00 0.00 0.00000000 0.00 0.00 0.00 0.00 0.00000000 0.00 - --------------------------------------------------------------------------------------------- 0.00 3,264,161.58 539,996,689.44 0.93555055 3,264,161.58 - ---------------------------------------------------------------------------------------------
(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
- --------------------------------------------------------------------------------------------------- Beginning Scheduled Unscheduled Original Face Certificate Principal Principal Class Amount Balance Distribution Distribution Accretion - --------------------------------------------------------------------------------------------------- A 554,686,000.00 938.82007534 0.00000000 5.88470158 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 8,080,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 5,771,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 3,463,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 1,442,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-5 1,154,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-6 2,600,498.71 1000.00000000 0.00000000 0.00000000 0.00000000 X-1 50.00 0.00000000 0.00000000 0.00000000 0.00000000 X-2 50.00 0.00000000 0.00000000 0.00000000 0.00000000 - ---------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------- Total Ending Ending Realized Principal Certificate Certificate Total Principal Loss (3) Reduction Balance Percentage Distribution - -------------------------------------------------------------------------------------------- 0.00000000 5.88470158 932.93537376 0.93293537 5.88470158 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 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 of Current Beginning Current Unpaid Original Face Certificate Certificate/ Accrued Interest Class Amount Rate Notional Balance Interest Shortfall - ------------------------------------------------------------------------------------------------------------- A 554,686,000.00 1.76000% 520,750,352.31 763,767.18 0.00 A-R 100.00 3.52329% 0.00 0.00 0.00 B-1 8,080,000.00 2.17000% 8,080,000.00 14,611.33 0.00 B-2 5,771,000.00 3.24876% 5,771,000.00 15,623.83 0.00 B-3 3,463,000.00 3.24876% 3,463,000.00 9,375.38 0.00 B-4 1,442,000.00 3.24876% 1,442,000.00 3,903.93 0.00 B-5 1,154,000.00 3.24876% 1,154,000.00 3,124.22 0.00 B-6 2,600,498.71 3.24876% 2,600,498.71 7,040.33 0.00 X-1 50.00 1.34577% 91,010,144.65 102,065.90 0.00 X-2 50.00 1.51092% 437,820,207.66 551,257.96 0.00 - ------------------------------------------------------------------------------------------------------------- Totals 577,196,698.71 1,470,770.06 0.00 - -------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------- Remaining Ending Current Non-Supported Unpaid Certificate/ Interest Interest Realized Total Interest Interest Notational Shortfall Shortfall Loss (4) Distribution Shortfall Balance - -------------------------------------------------------------------------------------------------------------- 0.00 0.00 0.00 763,767.18 0.00 517,486,190.73 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 14,611.33 0.00 8,080,000.00 0.00 0.00 0.00 15,623.83 0.00 5,771,000.00 0.00 0.00 0.00 9,375.38 0.00 3,463,000.00 0.00 0.00 0.00 3,903.93 0.00 1,442,000.00 0.00 0.00 0.00 3,124.22 0.00 1,154,000.00 0.00 0.00 0.00 7,040.33 0.00 2,600,498.71 0.00 0.00 0.00 102,067.15 0.00 90,852,383.59 0.00 0.00 0.00 551,264.72 0.00 434,713,807.14 - -------------------------------------------------------------------------------------------------------------- 0.00 0.00 0.00 1,470,778.07 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
- -------------------------------------------------------------------------------------------------------------- Payment of Current Beginning Current Unpaid Class (5) Original Face Certificate Certificate/ Accrued Interest Amount Rate Notional Balance Interest Shortfall - -------------------------------------------------------------------------------------------------------------- A 554,686,000.00 1.76000% 938.82007534 1.37693610 0.00000000 A-R 100.00 3.52329% 0.00000000 0.00000000 0.00000000 B-1 8,080,000.00 2.17000% 1000.00000000 1.80833292 0.00000000 B-2 5,771,000.00 3.24876% 1000.00000000 2.70730029 0.00000000 B-3 3,463,000.00 3.24876% 1000.00000000 2.70730003 0.00000000 B-4 1,442,000.00 3.24876% 1000.00000000 2.70730236 0.00000000 B-5 1,154,000.00 3.24876% 1000.00000000 2.70729636 0.00000000 B-6 2,600,498.71 3.24876% 1000.00000000 2.70729994 0.00000000 X-1 50.00 1.34577% 1820202.89300000 2041.31800000 0.00000000 X-2 50.00 1.51092% 8756404.15320000 11025.15920000 0.00000000 - --------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------- Remaining Current Non-Supported Unpaid Interest Interest Realized Total Interest Interest Ending Certificate/ Shortfall Shortfall Loss (6) Distribution Shortfall Notational Balance - ----------------------------------------------------------------------------------------------------------------------- 0.00000000 0.00000000 0.00000000 1.37693610 0.00000000 932.93537376 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1.80833292 0.00000000 1000.00000000 0.00000000 0.00000000 0.00000000 2.70730029 0.00000000 1000.00000000 0.00000000 0.00000000 0.00000000 2.70730003 0.00000000 1000.00000000 0.00000000 0.00000000 0.00000000 2.70730236 0.00000000 1000.00000000 0.00000000 0.00000000 0.00000000 2.70729636 0.00000000 1000.00000000 0.00000000 0.00000000 0.00000000 2.70729994 0.00000000 1000.00000000 0.00000000 0.00000000 0.00000000 2041.34300000 0.00000000 1817047.67180000 0.00000000 0.00000000 0.00000000 11025.29440000 0.00000000 ###-###-####.14280000 - -----------------------------------------------------------------------------------------------------------------------
(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 4,907,691.79 Liquidations, Insurance Proceeds, Reserve Funds 8.01 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 1,741.17 Realized Losses 0.00 Prepayment Penalties 0.00 ------------ Total Deposits 4,909,440.97 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 174,501.32 Payment of Interest and Principal 4,734,939.65 ------------ Total Withdrawals (Pool Distribution Amount) 4,909,440.97 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 169,974.13 Master Servicing Fee 4,527.19 Supported Prepayment/Curtailment Interest Shortfall 0.00 ---------- Net Servicing Fee 174,501.32 ==========
Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance - --------------------------------------------------------------------------------------------------- Basis Risk Reserve Fund - X-1 1,512.88 1.25 1.21 1,512.84 Basis Risk Reserve Fund - X-2 8,487.12 6.76 6.80 8,487.16
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
- -------------------------------------------------------------------------------------------------------------- DELINQUENT BANKRUPTCY FORECLOSURE - ------------------------------------- ---------------------------------- ----------------------------------- No. of Principal No. of Principal No. of Principal Loans Balance Loans Balance Loans Balance 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 1 475,900.65 90 Days 0 0.00 90 Days 0 0.00 120 Days 1 137,956.87 120 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 ---------------------- ---------------------- ----------------------- 2 613,857.52 0 0.00 0 0.00 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 0.067476% 0.088131% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.067476% 0.025548% 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% ---------------------- ---------------------- ----------------------- 0.134953% 0.113679% 0.000000% 0.000000% 0.000000% 0.000000%
- ---------------------------------------------------------------------- REO TOTAL No. of Principal No. of Principal Loans Balance Loans Balance - ---------------------------------- ---------------------------------- 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 1 475,900.65 120 Days 0 0.00 120 Days 1 137,956.87 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+ Days 0 0.00 ---------------------- ---------------------- 0 0.00 2 613,857.52 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 0.067476% 0.088131% 120 Days 0.000000% 0.000000% 120 Days 0.067476% 0.025548% 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% 0.134953% 0.113679%
Current Period Class A Insufficient Funds: 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 1,741.17
Original $ Original % Current $ Current % Bankruptcy 100,261.00 0.01737033% 100,261.00 0.01856697% Fraud 17,315,901.00 3.00000001% 17,315,901.00 3.20666799% Special Hazard 5,771,967.00 1.00000000% 5,432,608.51 1.00604478%
Limit of subordinate's exposure to certain types of losses DELINQUENCY STATUS BY GROUP ONE-MONTH LIBOR
- -------------------------------------------------------------------------------------------------------------- DELINQUENT BANKRUPTCY FORECLOSURE - ------------------------------------- ---------------------------------- ----------------------------------- No. of Principal No. of Principal No. of Principal Loans Balance Loans Balance Loans Balance 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 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 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 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%
SIX-MONTH LIBOR
- -------------------------------------------------------------------------------------------------------------- DELINQUENT BANKRUPTCY FORECLOSURE - ------------------------------------- ---------------------------------- ----------------------------------- No. of Principal No. of Principal No. of Principal Loans Balance Loans Balance Loans Balance 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 1 475,900.65 90 Days 0 0.00 90 Days 0 0.00 120 Days 1 137,956.87 120 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 --------------------- ---------------------- ----------------------- 2 613,857.52 0 0.00 0 0.00 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 0.080128% 0.106550% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.080128% 0.030887% 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% --------------------- ---------------------- ----------------------- 0.160256% 0.137437% 0.000000% 0.000000% 0.000000% 0.000000%
- ---------------------------------------------------------------------- REO TOTAL - ---------------------------------- ---------------------------------- No. of Principal No. of Principal Loans Balance Loans Balance 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 1 475,900.65 120 Days 0 0.00 120 Days 1 137,956.87 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+ Days 0 0.00 ---------------------- ---------------------- 0 0.00 2 613,857.52 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 0.080128% 0.106550% 120 Days 0.000000% 0.000000% 120 Days 0.080128% 0.030887% 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% 0.160256% 0.137437%
COLLATERAL STATEMENT
Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 3.634213% Weighted Average Net Coupon 3.258760% Weighted Average Pass-Through Rate 3.248760% Weighted Average Maturity (Stepdown Calculation) 352 Beginning Scheduled Collateral Loan Count 1,491 Number of Loans Paid in Full 9 Ending Scheduled Collateral Loan Count 1,482 Beginning Scheduled Collateral Balance 543,260,851.02 Ending Scheduled Collateral Balance 539,996,689.44 Ending Actual Collateral Balance at 31-Dec-2002 539,993,123.75 Monthly P&I Constant 1,645,280.26 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realization Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 0.00 Unscheduled Principal 3,264,161.58
MISCELLANEOUS REPORTING Pro Rata Senior Percent 95.856411% Senior Percent 100.000000% Senior Prepay Percent 100.000000% Subordinate Percent 0.000000% Subordinate Prepay Percent 0.000000% Basis RiskReserve Fund Income X-1 1.21 Basis Risk Reserve Fund Income X-2 6.80
GROUP ONE MONTH LIBOR SIX MONTH LIBOR TOTAL Collateral Description Monthly 6 Month Arm Mixed Fixed & Arm Weighted Average Coupon Rate 3.497038 3.662728 3.634213 Weighted Average Net Rate 3.122038 3.287180 3.258760 Pass-Through Rate 3.112038 3.277180 3.248760 Weighted Average Maturity 312 313 352 Record Date 12/31/2002 12/31/2002 12/31/2002 Principal and Interest Constant 272,467.79 1,372,812.47 1,645,280.26 Beginning Loan Count 235 1,256 1,491 Loans Paid in Full 1 8 9 Ending Loan Count 234 1,248 1,482 Beginning Scheduled Balance 93,493,590.94 449,767,260.08 543,260,851.02 Ending Scheduled Balance 93,346,922.29 446,649,767.15 539,996,689.44 Scheduled Principal 0.00 0.00 0.00 Unscheduled Principal 146,668.65 3,117,492.93 3,264,161.58 Scheduled Interest 272,458.89 1,372,812.47 1,645,271.36 Servicing Fee 29,216.75 140,757.38 169,974.13 Master Servicing Fee 779.12 3,748.07 4,527.19 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 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 242,463.02 1,228,307.02 1,470,770.04 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