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

Summary

This document is a distribution summary for certificateholders of the SMT Series 2002-7, prepared by Wells Fargo Bank Minnesota, N.A. It details the interest and principal payments made to holders of various classes of certificates as of the February 27, 2004 record date and March 22, 2004 distribution date. The summary includes payment rates, balances, realized losses, and other key financial data, as calculated under the Pooling and Servicing Agreement. No realized losses or interest shortfalls are reported for this period.

EX-10.1 3 f97895bexv10w1.htm EXHIBIT 10.1 exv10w1

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) ###-###-####
	Fax:		(301) ###-###-####

SMT SERIES 2002-7
Record Date: February 27, 2004
Distribution Date: March 22, 2004

Certificateholder Distribution Summary


			Certificate				Beginning
			Class	Certificate Pass-			Certificate		Interest		Principal
Class	CUSIP		Description	Through Rate			Balance		Distribution		Distribution
A		81743YAA5	SEN		1.43125	%		421,839,951.95		503,132.03		4,278,590.20
A-R		SMT0207AR	SEN		3.50685	%		0.00		0.00		0.00
B-1		81743YAE7	SUB		1.84125	%		8,080,000.00		12,397.75		0.00
B-2		81743YAF4	SUB		2.64376	%		5,771,000.00		12,714.29		0.00
B-3		81743YAG2	SUB		2.64376	%		3,463,000.00		7,629.46		0.00
B-4		SMT0207B4	SUB		2.64376	%		1,442,000.00		3,176.92		0.00
B-5		SMT0207B5	SUB		2.64376	%		1,154,000.00		2,542.42		0.00
B-6		SMT0207B6	SUB		2.64376	%		2,600,498.71		5,729.25		0.00
X-1		81743YAC1	SEN		1.02918	%		0.00		64,373.62		0.00
X-2		81743YAD9	SEN		1.24195	%		0.00		367,268.20		0.00

Totals								444,350,450.66		978,963.94		4,278,590.20

[Additional columns below]

[Continued from above table, first column(s) repeated]


					Ending
			Current		Certificate		Total		Cumulative
Class	CUSIP		Realized Loss		Balance		Distribution		Realized Loss
A		81743YAA5		0.00		417,561,361.75		4,781,722.23		0.00
A-R		SMT0207AR		0.00		0.00		0.00		0.00
B-1		81743YAE7		0.00		8,080,000.00		12,397.75		0.00
B-2		81743YAF4		0.00		5,771,000.00		12,714.29		0.00
B-3		81743YAG2		0.00		3,463,000.00		7,629.46		0.00
B-4		SMT0207B4		0.00		1,442,000.00		3,176.92		0.00
B-5		SMT0207B5		0.00		1,154,000.00		2,542.42		0.00
B-6		SMT0207B6		0.00		2,600,498.71		5,729.25		0.00
X-1		81743YAC1		0.00		0.00		64,373.62		0.00
X-2		81743YAD9		0.00		0.00		367,268.20		0.00

Totals				0.00		440,071,860.46		5,257,554.14		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		421,839,951.95		0.00		4,278,590.20		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		444,350,450.66		0.00		4,278,590.20		0.00

[Additional columns below]

[Continued from above table, first column(s) repeated]


	Realized		Total Principal		Ending Certificate		Ending Certificate		Total Principal
Class	Loss (1)		Reduction		Balance		Percentage		Distribution
A		0.00		4,278,590.20		417,561,361.75		0.75278872		4,278,590.20
A-R		0.00		0.00		0.00		0.00000000		0.00
B-1		0.00		0.00		8,080,000.00		1.00000000		0.00
B-2		0.00		0.00		5,771,000.00		1.00000000		0.00
B-3		0.00		0.00		3,463,000.00		1.00000000		0.00
B-4		0.00		0.00		1,442,000.00		1.00000000		0.00
B-5		0.00		0.00		1,154,000.00		1.00000000		0.00
B-6		0.00		0.00		2,600,498.71		1.00000000		0.00
X-1		0.00		0.00		0.00		0.00000000		0.00
X-2		0.00		0.00		0.00		0.00000000		0.00

Totals		0.00		4,278,590.20		440,071,860.46		0.76242962		4,278,590.20

(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				Realized
Class	Amount		Balance		Distribution		Distribution		Accretion		Loss (3)
A		554,686,000.00		760.50225163		0.00000000		7.71353559		0.00000000		0.00000000
A-R		100.00		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000
B-1		8,080,000.00		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000
B-2		5,771,000.00		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000
B-3		3,463,000.00		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000
B-4		1,442,000.00		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000
B-5		1,154,000.00		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000
B-6		2,600,498.71		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000
X-1		50.00		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000
X-2		50.00		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000

[Additional columns below]

[Continued from above table, first column(s) repeated]


	Total Principal		Ending Certificate		Ending Certificate		Total Principal
Class	Reduction		Balance		Percentage		Distribution
A		7.71353559		752.78871605		0.75278872		7.71353559
A-R		0.00000000		0.00000000		0.00000000		0.00000000
B-1		0.00000000		1000.00000000		1.00000000		0.00000000
B-2		0.00000000		1000.00000000		1.00000000		0.00000000
B-3		0.00000000		1000.00000000		1.00000000		0.00000000
B-4		0.00000000		1000.00000000		1.00000000		0.00000000
B-5		0.00000000		1000.00000000		1.00000000		0.00000000
B-6		0.00000000		1000.00000000		1.00000000		0.00000000
X-1		0.00000000		0.00000000		0.00000000		0.00000000
X-2		0.00000000		0.00000000		0.00000000		0.00000000

(3)

Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise disclosed. Please refer to the prospectus supplement for a full description.

Interest Distribution Statement


						Beginning				Payment of
						Certificate/				Unpaid
	Original Face		Current			Notional		Current Accrued		Interest
Class	Amount		Certificate Rate			Balance		Interest		Shortfall
A		554,686,000.00		1.43125	%		421,839,951.95		503,132.03		0.00
A-R		100.00		3.50685	%		0.00		0.00		0.00
B-1		8,080,000.00		1.84125	%		8,080,000.00		12,397.75		0.00
B-2		5,771,000.00		2.64376	%		5,771,000.00		12,714.29		0.00
B-3		3,463,000.00		2.64376	%		3,463,000.00		7,629.46		0.00
B-4		1,442,000.00		2.64376	%		1,442,000.00		3,176.92		0.00
B-5		1,154,000.00		2.64376	%		1,154,000.00		2,542.42		0.00
B-6		2,600,498.71		2.64376	%		2,600,498.71		5,729.25		0.00
X-1		50.00		1.02918	%		75,057,870.07		64,373.62		0.00
X-2		50.00		1.24195	%		354,862,081.88		367,268.20		0.00

Totals		577,196,698.71							978,963.94		0.00

[Additional columns below]

[Continued from above table, first column(s) repeated]


			Non-							Remaining		Ending
	Current		Supported							Unpaid		Certificate/
	Interest		Interest			Realized		Total Interest		Interest		Notational
Class	Shortfall		Shortfall			Loss (4)		Distribution		Shortfall		Balance
A		0.00		(0.01	)		0.00		503,132.03		0.00		417,561,361.75
A-R		0.00		0.00			0.00		0.00		0.00		0.00
B-1		0.00		0.00			0.00		12,397.75		0.00		8,080,000.00
B-2		0.00		0.00			0.00		12,714.29		0.00		5,771,000.00
B-3		0.00		0.00			0.00		7,629.46		0.00		3,463,000.00
B-4		0.00		0.00			0.00		3,176.92		0.00		1,442,000.00
B-5		0.00		0.00			0.00		2,542.42		0.00		1,154,000.00
B-6		0.00		0.00			0.00		5,729.25		0.00		2,600,498.71
X-1		0.00		0.00			0.00		64,373.62		0.00		74,761,002.23
X-2		0.00		0.00			0.00		367,268.20		0.00		350,880,359.52

Totals		0.00		(0.01	)		0.00		978,963.94		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				Unpaid
Class	Original Face		Certificate			Certificate/		Current Accrued		Interest
(5)	Amount		Rate			Notional Balance		Interest		Shortfall
A		554,686,000.00		1.43125	%		760.50225163		0.90705738		0.00000000
A-R		100.00		3.50685	%		0.00000000		0.00000000		0.00000000
B-1		8,080,000.00		1.84125	%		1000.00000000		1.53437500		0.00000000
B-2		5,771,000.00		2.64376	%		1000.00000000		2.20313464		0.00000000
B-3		3,463,000.00		2.64376	%		1000.00000000		2.20313601		0.00000000
B-4		1,442,000.00		2.64367	%		1000.00000000		2.20313454		0.00000000
B-5		1,154,000.00		2.64367	%		1000.00000000		2.20313692		0.00000000
B-6		2,600,498.71		2.64367	%		1000.00000000		2.20313511		0.00000000
X-1		50.00		1.02918	%		1501157.40140000		1287.47240000		0.00000000
X-2		50.00		1.24195	%		7097241.63760000		7345.36400000		0.00000000

[Additional columns below]

[Continued from above table, first column(s) repeated]


			Non-						Remaining
	Current		Supported						Unpaid
Class	Interest		Interest		Realized		Total Interest		Interest		Ending Certificate/
(5)	Shortfall		Shortfall		Loss (6)		Distribution		Shortfall		Notational Balance
A		0.00000000		0.00000000		0.00000000		0.90705738		0.00000000		752.78871605
A-R		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000
B-1		0.00000000		0.00000000		0.00000000		1.53437500		0.00000000		1000.00000000
B-2		0.00000000		0.00000000		0.00000000		2.02313464		0.00000000		1000.00000000
B-3		0.00000000		0.00000000		0.00000000		2.20313601		0.00000000		1000.00000000
B-4		0.00000000		0.00000000		0.00000000		2.20313454		0.00000000		1000.00000000
B-5		0.00000000		0.00000000		0.00000000		2.20313692		0.00000000		1000.00000000
B-6		0.00000000		0.00000000		0.00000000		2.20313511		0.00000000		1000.00000000
X-1		0.00000000		0.00000000		0.00000000		1287.47240000		0.00000000		1495220.04460000
X-2		0.00000000		0.00000000		0.00000000		7345.36400000		0.00000000		7017607.19040000

(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			5,399,766.60
Liquidations, Insurance Proceeds, Reserve Funds			0.00
Proceeds from Repurchased Loans			0.00
Other Amounts (Servicer Advances)			1,912.44
Realized Losses			0.00
Prepayment Penalties			0.00

			5,401,679.04
Total Deposits
Withdrawals
Reimbursement for Servicer Advances			1,422.92
Payment of Service Fee			142,701.98
Payment of Interest and Principal			5,257,554.14

			5,401,679.04
Total Withdrawals (Pool Distribution Amount)
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	(0.01	)

Servicing Fees


Gross Servicing Fee			138,999.06
Master Servicing Fee			3,702.92
Supported Prepayment/Curtailment Interest Shortfall			0.00

Net Servicing Fee			142,701.98


	Beginning		Current		Current		Ending
Account Type	Balance		Withdrawals		Deposits		Balance
Basis Risk Reserve Fund – X-1		1,512.68		0.00		0.00		1,512.68
Basis Risk Reserve Fund – X-2		8,487.32		0.00		0.00		8,487.32

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		2			494,417.54		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		1			300,000.00
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

		2			494,417.54				0			0.00				1			300,000.00
	No. of			Principal				No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance				Loans			Balance
30 Days		0.162338	%		0.112350	%	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		0.081169	%		0.068171	%
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	%

		0.162338	%		0.112350	%			0.000000	%		0.000000	%			0.081169	%		0.068171	%

[Additional columns below]

[Continued from above table, first column(s) repeated]


REO							TOTAL
	No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance
30 Days		0			0.00		30 Days		1			494,417.54
60 Days		0			0.00		60 Days		0			0.00
90 Days		0			0.00		90 Days		1			300,000.00
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				2			794,417.54
	No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance
30 Days		0.000000	%		0.000000	%	30 Days		0.162338	%		0.112350	%
60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%
90 Days		0.000000	%		0.000000	%	90 Days		0.081169	%		0.068171	%
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	%			0.243506	%		0.180521	%


Current Period Class A Insufficient Funds:			0.00			Principal Balance of Contaminated Properties					0.00			Periodic Advance					1,912.44


	Original $		Original %			Current $		Current %
Bankruptcy		100,261.00		0.01737033	%		100,261.00		0.02278287	%
Fraud		17,315,901.00		3.00000001	%		10,161,109.97		2.30896608	%
Special Hazard		5,771,967.00		1.00000000	%		4,700,000.00		1.06800739	%

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		1			300,000.00
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				1			300,000.00
	No. of			Principal				No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance				Loans			Balance
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		0.500000	%		0.388118	%
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	%			0.500000	%		0.388118	%

[Additional columns below]

[Continued from above table, first column(s) repeated]


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			300,000.00
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				1			300,000.00
	No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance
30 Days		0.000000	%		0.000000	%	30 Days		0.000000	%		0.000000	%
60 Days		0.000000	%		0.000000	%	60 Days		0.500000	%		0.388118	%
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	%			0.50000	)%		0.388118	%

Six-Month Libor


DELINQUENT							BANKRUPTCY							FORECLOSURE
	No. of			Principal				No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance				Loans			Balance
30 Days		2			494,417.54		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

		2			494,417.54				0			0.00				0			0.00
	No. of			Principal				No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance				Loans			Balance
30 Days		0.193798	%		0.136288	%	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	%

		0.193798	%		0.136288	%			0.000000	%		0.000000	%			0.000000	%		0.000000	%

[Additional columns below]

[Continued from above table, first column(s) repeated]


REO							TOTAL
	No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance
30 Days		0			0.00		30 Days		2			494,417.54
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				2			494,417.54
	No. of			Principal				No. of			Principal
	Loans			Balance				Loans			Balance
30 Days		0.000000	%		0.000000	%	30 Days		0.193798	%		0.136288	%
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	%			0.193798	%		0.136288	%

Collateral Statement


Collateral Description	Mixed Fixed & Arm
Weighted Average Gross Coupon		3.029139	%
Weighted Average Net Coupon		2.653762	%
Weighted Average Pass-Through Rate		2.643762	%
Weighted Average Maturity (Stepdown Calculation)		338
Beginning Scheduled Collateral Loan Count		1,242
Number of Loans Paid in Full		10
Ending Scheduled Collateral Loan Count		1,232
Beginning Scheduled Collateral Balance		444,350,450.66
Ending Scheduled Collateral Balance		440,071,860.46
Ending Actual Collateral Balance at 27-Feb-2004		440,069,371.53
Monthly P&I Constant		1,121,665.92
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		4,278,590.20

Miscellaneous Reporting


Pro Rata Senior Percent	94.934066	%
Senior Percent	100.000000	%
Senior Prepay Percent	100.000000	%
Subordinate Percent	0.000000	%
Subordinate Prepay Percent	0.000000	%


Group	One Month Libor		Six Month Libor		Total
Collateral Description	Monthly		6 Month Arm		Mixed Fixed & Arm
Weighted Average Coupon Rate		2.853139		3.066365		3.029139
Weighted Average Net Rate		2.478140		2.690908		2.653762
Pass-Through Rate		2.468139		2.680908		2.643762
Weighted Average Maturity		298		299		338
Record Date		02/27/2004		02/27/2004		02/27/2004
Principal and Interest Constant		184,448.87		937,217.05		1,121,665.92
Beginning Loan Count		201		1,041		1,242
Loans Paid in Full		1		9		10
Ending Loan Count		200		1,032		1,232
Beginning Scheduled Balance		77,577,228.60		366,773,222.06		444,350,450.66
Ending Scheduled Balance		77,295,620.91		362,776,239.55		440,071,860.46
Scheduled Principal		0.00		0.00		0.00
Unscheduled Principal		281,607.69		3,996,982.51		4,278,590.20
Scheduled Interest		184,448.87		937,217.05		1,121,665.92
Servicing Fee		24,242.87		114,756.19		138,999.06
Master Servicing Fee		646.48		3,056.44		3,702.92
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		159,559.52		819,404.42		978,963.94
Realized Loss Amount		0.00f		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