Wells Fargo Bank Minnesota, N.A. SMT Series 2002-8 Certificateholder Distribution Statement (August 2002)

Contract Categories: Business Operations › Administration Agreements
Summary

This document is a distribution statement prepared by Wells Fargo Bank Minnesota, N.A. as Certificate Administrator for the SMT Series 2002-8 trust. It summarizes the payments made to certificateholders as of August 30, 2002, including interest and principal distributions for each class of certificates. The statement details the amounts distributed, remaining balances, and any realized losses, in accordance with the Pooling and Servicing Agreement. No realized losses are reported for this period, and all calculations are performed on behalf of the trustee.

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EX-10.1 3 f84668exv10w1.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 2002-8 RECORD DATE: AUGUST 30, 2002 DISTRIBUTION DATE: SEPTEMBER 20, 2002 CERTIFICATEHOLDER DISTRIBUTION SUMMARY
Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution - --------------------------------------------------------------------------------------------------- 1-A1 81743RAA0 SEN 1.92750% 46,506,666.09 77,191.38 1-A2 81743RAB8 SEN 3.45500% 61,468,000.00 176,976.62 2A 81743RAC6 SEN 2.09750% 461,498,190.68 806,660.37 3A 81743RAD4 SEN 3.90811% 49,933,383.89 162,621.01 X-1 81743RAE2 IO 2.54562% 0.00 229,054.95 X-2A 81743RAFf9 IO 1.11734% 0.00 175,048.84 X-2B 81743AFG7 IO 1.44900% 0.00 330,256.67 X-B 81743RAH5 IO 1.32846% 0.00 10,042.58 A-R 81743RAJ1 SEN 5.37037% 0.00 0.00 B-1 81743RAK8 SUB 2.47250% 9,069,000.00 18,685.92 B-2 81743RAL6 SUB 3.80096% 5,505,000.00 17,436.90 B-3 81743RAM4 SUB 3.80096% 3,886,000.00 12,308.77 B-4 SMT0208B4 SUB 3.80096% 1,618,000.00 5,124.96 B-5 SMT0208B5 SUB 3.80096% 970,000.00 3,072.44 B-6 SMT0208B6 SUB 3.80096% 2,306,324.82 7,305.21 LTR SUB 0.00000% 0.00 0.00 - --------------------------------------------------------------------------------------------------- Totals 642,760,565.48 2,031,786.62 - ---------------------------------------------------------------------------------------------------
Ending Principal Current Certificate Total Cumulative Class Distribution Realized Loss Balance Distribution Realized Loss - ------------------------------------------------------------------------------------------------- 1-A1 4,010,774.39 0.00 42,495,891.70 4,087,965.77 0.00 1-A2 0.00 0.00 61,468,000.00 176,976.62 0.00 2A 1,598,969.37 0.00 459,899,221.31 2,405,629.74 0.00 3A 51,484.84 0.00 49,881,899.05 214,105.85 0.00 X-1 0.00 0.00 0.00 229,054.95 0.00 X-2A 0.00 0.00 0.00 175,048.84 0.00 X-2B 0.00 0.00 0.00 330,256.67 0.00 X-B 0.00 0.00 0.00 10,042.58 0.00 A-R 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 9,069,000.00 18,685.92 0.00 B-2 0.00 0.00 5,505,000.00 17,436.90 0.00 B-3 0.00 0.00 3,886,000.00 12,308.77 0.00 B-4 0.00 0.00 1,618,000.00 5,124.96 0.00 B-5 0.00 0.00 970,000.00 3,072.44 0.00 B-6 0.00 0.00 2,306,324.82 7,305.21 0.00 LTR 0.00 0.00 0.00 0.00 0.00 - ------------------------------------------------------------------------------------------------- Totals 5,661,228.60 0.00 637,099,336.88 7,693,015.22 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 - ---------------------------------------------------------------------------------------------- 1-A1 50,000,000.00 46,506,666.09 1,548.53 4,009,225.86 0.00 1-A2 61,468,000.00 61,468,000.00 0.00 0.00 0.00 2A 463,097,000.00 461,498,190.68 0.00 1,598,969.37 0.00 3A 49,973,000.00 49,933,383.89 0.00 51,484.84 0.00 X-1 0.00 0.00 0.00 0.00 0.00 X-2A 0.00 0.00 0.00 0.00 0.00 X-2B 0.00 0.00 0.00 0.00 0.00 X-B 0.00 0.00 0.00 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 B-1 9,069,000.00 9,069,000.00 0.00 0.00 0.00 B-2 5,505,000.00 5,505,000.00 0.00 0.00 0.00 B-3 3,886,000.00 3,886,000.00 0.00 0.00 0.00 B-4 1,618,000.00 1,618,000.00 0.00 0.00 0.00 B-5 970,000.00 970,000.00 0.00 0.00 0.00 B-6 2,306,324.82 2,306,324.82 0.00 0.00 0.00 LTR 0.00 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------- Totals 647,892,424.82 642,760,565.48 1,548.53 5,659,680.07 0.00 - ----------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------- Total Ending Ending Realized Principal Certificate Certificate Total Principal Class Loss (1) Reduction Balance Percentage Distribution - ------------------------------------------------------------------------------------------------------- 1-A1 0.00 4,010,774.39 42,495,891.70 0.84991783 4,010,774.39 1-A2 0.00 0.00 61,468,000.00 1.00000000 0.00 2A 0.00 1,598,969.37 459,899,221.31 0.99309480 1,598,969.37 3A 0.00 51,484.84 49,881,899.05 0.99817700 51,484.84 X-1 0.00 0.00 0.00 0.00000000 0.00 X-2A 0.00 0.00 0.00 0.00000000 0.00 X-2B 0.00 0.00 0.00 0.00000000 0.00 X-B 0.00 0.00 0.00 0.00000000 0.00 A-R 0.00 0.00 0.00 0.00000000 0.00 B-1 0.00 0.00 9,069,000.00 1.00000000 0.00 B-2 0.00 0.00 5,505,000.00 1.00000000 0.00 B-3 0.00 0.00 3,886,000.00 1.00000000 0.00 B-4 0.00 0.00 1,618,000.00 1.00000000 0.00 B-5 0.00 0.00 970,000.00 1.00000000 0.00 B-6 0.00 0.00 2,306,324.82 1.00000000 0.00 LTR 0.00 0.00 0.00 0.00000000 0.00 - ------------------------------------------------------------------------------------------------------- Totals 0.00 5,661,228.60 637,099,336.88 0.98334123 5,661,228.60 - -------------------------------------------------------------------------------------------------------
(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 - -------------------------------------------------------------------------------------------- 1-A1 50,000,000.00 930.13332180 0.03097060 80.18451720 0.00000000 1-A2 61,468,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2A 463,097,000.00 996.54757142 0.000000% 3.45277419 0.00000000 3A 49,973,000.00 999.20724971 0.00000000 1.03025314 0.00000000 X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 X-2A 0.00 0.00000000 0.00000000 0.00000000 0.00000000 X-2B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 9,069,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 5,505,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 3,886,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 1,618,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-5 970,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-6 2,306,324.82 1000.00000000 0.00000000 0.00000000 0.00000000 LTR 0.00 0.00000000 0.00000000 0.00000000 0.00000000 - --------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------- Total Ending Ending Realized Principal Certificate Certificate Total Principal Class Loss (3) Reduction Balance Percentage Distribution - ---------------------------------------------------------------------------------------------------------- 1-A1 0.00000000 80.21548780 849.91783400 0.84991783 80.21548780 1-A2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 2A 0.00000000 3.45277419 993.09479722 0.99309480 3.45277419 3A 0.00000000 1.03025314 998.17699658 0.99817700 1.03025314 X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-2A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-2B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 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 LTR 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
- -------------------------------------------------------------------------------------------------- Beginning Payment of Current Certificate/ Current Unpaid Original Face Certificate Notional Accrued Interest Class Amount Rate Balance Interest Shortfall - -------------------------------------------------------------------------------------------------- 1-A1 50,000,000.00 1.92750% 46,506,666.09 77,191.38 0.00 1-A2 61,468,000.00 3.45500% 61,468,000.00 176,976.62 0.00 2A 463,097,000.00 2.09750% 461,498,190.68 806,660.38 0.00 3A 49,973,000.00 3.90811% 49,933,383.89 162,621.01 0.00 X-1 0.00 2.54562% 107,974,666.09 229,052.21 0.00 X-2A 0.00 1.11734% 187,996,579.89 175,046.95 0.00 X-2B 0.00 1.44900% 273,501,610.79 330,253.09 0.00 X-B 0.00 1.32846% 9,069,000.00 10,039.84 0.00 A-R 100.00 5.37037% 0.00 0.00 0.00 B-1 9,069,000.00 2.47250% 9,069,000.00 18,685.92 0.00 B-2 5,505,000.00 3.80096% 5,505,000.00 17,436.90 0.00 B-3 3,886,000.00 3.80096% 3,886,000.00 12,308.77 0.00 B-4 1,618,000.00 3.80096% 1,618,000.00 5,124.96 0.00 B-5 970,000.00 3.80096% 970,000.00 3,072.44 0.00 B-6 2,306,324.82 3.80096% 2,306,324.82 7,305.21 0.00 LTR 0.00 0.00000% 0.00 0.00 0.00 - -------------------------------------------------------------------------------------------------- Totals 647,892,424.82 2,031,775.68 0.00 - --------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------- Remaining Ending Current Non-Supported Total Unpaid Certificate/ Interest Interest Realized Interest Interest Notational Class Shortfall Shortfall Loss (4) Distribution Shortfall Balance - -------------------------------------------------------------------------------------------------- 1-A1 0.00 0.00 0.00 77,191.38 0.00 42,495,891.70 1-A2 0.00 0.00 0.00 176,976.62 0.00 61,468,000.00 2A 0.00 0.00 0.00 806,660.37 0.00 459,899,221.31 3A 0.00 0.00 0.00 162,621.01 0.00 49,881,899.05 X-1 0.00 0.00 0.00 229,052.21 0.00 103,963,891.70 X-2A 0.00 0.00 0.00 175,048.84 0.00 0.00 X-2B 0.00 0.00 0.00 330,256.67 0.00 0.00 X-B 0.00 0.00 0.00 10,042.85 0.00 9,069,000.00 A-R 0.00 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 0.00 18,685.92 0.00 9,069,000.00 B-2 0.00 0.00 0.00 17,436.90 0.00 5,505,000.00 B-3 0.00 0.00 0.00 12,308.77 0.00 3,886,000.00 B-4 0.00 0.00 0.00 5,124.96 0.00 1,618,000.00 B-5 0.00 0.00 0.00 3,072.44 0.00 970,000.00 B-6 0.00 0.00 0.00 7,305.21 0.00 2,306,324.82 LTR 0.00 0.00 0.00 0.00 0.00 0.00 - -------------------------------------------------------------------------------------------------- Totals 0.00 0.00 0.00 2,031,786.62 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 Original Face Certificate Certificate/ Accrued Interest Class (5) Amount Rate Notional Balance Interest Shortfall - --------------------------------------------------------------------------------------------- 1-A1 50,000,000.00 1.92750% 930.13332180 1.54382760 0.00000000 1-A2 61,468,000.00 3.45500% 1000.00000000 2.87916672 0.00000000 2A 463,097,000.00 2.09750% 996.54757142 1.74188211 0.00000000 3A 49,973,000.00 3.90811% 999.20724971 3.25417746 0.00000000 X-1 0.00 2.54562% 968.66065678 2.05486965 0.00000000 X-2A 0.00 1.11734% 998.04552936 0.92929789 0.00000000 X-2B 0.00 1.44900% 995.52052624 1.20209065 0.00000000 X-B 0.00 1.32846% 1000.00000000 1.10705039 0.00000000 A-R 100.00 5.37037% 0.00000000 0.00000000 0.00000000 B-1 9,069,000.00 2.47250% 1000.00000000 2.06041680 0.00000000 B-2 5,505,000.00 3.80096% 1000.00000000 3.16746594 0.00000000 B-3 3,886,000.00 3.80096% 1000.00000000 3.16746526 0.00000000 B-4 1,618,000.00 3.80096% 1000.00000000 3.16746601 0.00000000 B-5 970,000.00 3.80096% 1000.00000000 3.16746392 0.00000000 B-6 2,306,324.82 3.80096% 1000.000000000 3.16746797 0.00000000 LTR 0.00 0.00000% 0.000000000 0.00000000 0.00000000 - ---------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------- Non- Remaining Current Supported Total Unpaid Interest Interest Realized Interest Interest Ending Certificate/ Class (5) Shortfall Shortfall Loss (6) Distribution Shortfall Notational Balance - ------------------------------------------------------------------------------------------------------------- 1-A1 0.00000000 0.00000000 0.00000000 1.54382760 0.00000000 849.91783400 1-A2 0.00000000 0.00000000 0.00000000 2.87916672 0.00000000 1000.00000000 2A 0.00000000 0.00000000 0.00000000 1.74188209 0.00000000 993.09479722 3A 0.00000000 0.00000000 0.00000000 3.25417746 0.00000000 998.17699658 X-1 0.00000000 0.00000000 0.00000000 2.05489423 0.00000000 932.67925952 X-2A 0.00000000 0.00000000 0.00000000 0.92930793 0.00000000 0.00000000 X-2B 0.00000000 0.00000000 0.00000000 1.20210368 0.00000000 0.00000000 X-B 0.00000000 0.00000000 0.00000000 1.10735252 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 0.00000000 2.06041680 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 0.00000000 3.16746594 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 0.00000000 3.16746526 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 0.00000000 3.16746601 0.00000000 1000.00000000 B-5 0.00000000 0.00000000 0.00000000 3.16746392 0.00000000 1000.00000000 B-6 0.00000000 0.00000000 0.00000000 3.16746797 0.00000000 1000.00000000 LTR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 - -------------------------------------------------------------------------------------------------------------
(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 7,891,585.85 Liquidations, Insurance Proceeds, Reserve Funds 10.96 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 0.00 ------------- Total Deposits 7,891,594.81 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 198,579.59 Payment of Interest and Principal 7,693,015.22 ------------- Total Withdrawals (Pool Distribution Amount) 7,891,584.81 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 193,758.88 Master Servicing Fee 4,820.71 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00 ---------- Net Servicing Fee 198,579.59 ========== - --------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------- Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance - ------------------------------------------------------------------------------------------------------- Class X-1 Basis Risk Reserve Fund 2,500.00 2.74 2.74 2,500.00 Class X-2 Basis Risk Reserve Fund 5,000.00 5.48 5.48 5,000.00 Class X-B Basis Risk Reserve Fund 2,500.00 2.74 2.74 2,500.00 - -------------------------------------------------------------------------------------------------------
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 $ -------------- -------------- -------------- Class A 647,892.324.82 99.99998457% 637,099,336.88 Class 1-A-1 597,892,324.82 92.28265402% 594,603,445.18 Class 1-A-2 536,424,324.82 82.79527654% 533,135,445.18 Class 2A 73,327,324.82 11.31782407% 17,236,223.87 Class 3A 23,354,324.82 3.60466089% 23,354,324.82 Class X-1 23,354,324.82 3.60466089% 23,354,324.82 Class B-1 14,285,324.82 2.20489147% 14,285,324.82 Class B-2 8,780,324.82 1.35521338% 8,780,324.82 Class B-3 4,894,324.82 0.75542245% 4,894,324.82 Class B-4 3,276,324.82 0.50568963% 3,276,324.82 Class B-5 2,306,324.82 0.35597342% 2,306,324.82 Class B-6 0.00 0.00000000% 0.00 Class LT-R 0.00 0.00000000% 0.00 - -----------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------- Current % Current Class % Prepayment % -------------- ---------------- -------------- Class A 100.00000000% 96.334273% 0.00000% Class 1-A-1 93.32978560% 6.670214% 181.961551% Class 1-A-2 83.68168264% 9.648103% 263.197504% Class 2A 11.49525979% 72.186423% 1,969.225079% Class 3A 3.66572738% 7.829532% 213.587417% Class X-1 3.66572738% 0.000000% 0.000000% Class B-1 2.24224450% 1.423483% 38.832208% Class B-2 1.37817202% 0.864072% 23.571651% Class B-3 0.76822005% 0.609952% 16.639316% Class B-4 0.51425651% 0.253964% 6.928053% Class B-5 0.36200396% 0.152253% 4.153406% Class B-6 0.00000000% 0.362004% 9.875365% Class LT-R 0.00000000% 0.00000% 0.000000% - -----------------------------------------------------------------------------------------
Please refer to the prospectus supplement for a full description of loss exposure
- ----------------------------------------------------------------------------------------------- Original $ Original % Current $ Current % - ----------------------------------------------------------------------------------------------- Bankruptcy 126,045.00 0.01945462% 126,045.00 0.01978420% Fraud 19,436,773.00 3.00000004& 19,436,773.00 3.05082298% Special Hazard 15,500,000.00 2.39237247% 15,500,000.00 2.43290161% - -----------------------------------------------------------------------------------------------
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
- ------------------------------------------------------------------------------ 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
- -------------------------------------------------------------------------------------------------------------------------- DELINQUENT BANKRUPTCY FORECLOSURE - -------------------------------------------------------------------------------------------------------------------------- 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 0.000000% 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 0.00 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
- ---------------------------------------------------------------------------- REO TOTAL - ---------------------------------------------------------------------------- No. of Principal No. of Principal Loans Balance Loans Balance - ---------------------------------------------------------------------------- 0 0.00 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
- -------------------------------------------------------------------------------------------------------------------------- DELINQUENT BANKRUPTCY FORECLOSURE - -------------------------------------------------------------------------------------------------------------------------- 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 0.000000% 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 3
- ----------------------------------------------------------------------------------------------------------------------------- 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 0.00 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
- ---------------------------------------------------------------------------- REO TOTAL - ---------------------------------------------------------------------------- No. of Principal No. of Principal Loans Balance Loans Balance - ---------------------------------------------------------------------------- 0 0.00 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
- -------------------------------------------------------------------------------------------------------------------------- DELINQUENT BANKRUPTCY FORECLOSURE - -------------------------------------------------------------------------------------------------------------------------- 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 0.000000% 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 Mixed Arm Weighted Average Gross Coupon 4.163955% Weighted Average Net Coupon 3.802218% Weighted Average Pass-Through Rate 3.793218% Weighted Average Maturity (Stepdown Calculation) 330 Beginning Scheduled Collateral Loan Count 1,625 Number of Loans Paid in Full 11 Ending Scheduled Collateral Loan Count 1,614 Beginning Scheduled Collateral Balance 642,670,565.48 Ending Scheduled Collateral Balance 637,099,336.88 Ending Actual Collateral Balance at 30-Aug-2002 637,102,041.15 Monthly P&I Constant 2,231,903.79 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realization Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 7,619,030.23 Ending Scheduled Balance for Premium Loans 637,099,336.88 Scheduled Principal 1,548.53 Unscheduled Principal 5,659,680.07 - ------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------- MISCELLANEOUS REPORTING One Month Libor Loan Balance 194,242,662.42 Six Month Libor Loan Balance 441,748,947.08 Pro Rata Senior Percent 96.366559% Senior Percentage 100.000000% Senior Prepay Percentage 100.000000% Subordinate Percentage 0.000000% Subordinate Prepayment Percentage 0.000000% - -------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------- GROUP 1 2 3 TOTAL - ----------------------------------------------------------------------------------------------------------------------------- Collateral Description Mixed ARM Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.629373 3.806867 4.292111 4.163955 Weighted Average Net Rate 5.379373 3.420395 3.917111 3.802218 Pass-Through Rate 5.370373 3.411395 3.908111 3.793218 Weighted Average Maturity 354 321 358 330 Record Date 08/30/2002 08/30/2002 08/30/2002 08/30/2002 Principal and Interest Constant 527,603.83 1,518,915.32 185,384.64 2,231,903.79 Beginning Loan Count 216 1,257 152 1,625 Loans Paid in Full 7 4 0 11 Ending Loan Count 209 1,253 152 1,614 Beginning Scheduled Balance 112,137,948.98 478,792,278.42 51,830,338.08 642,760,565.48 Ending Scheduled Balance 108,127,174.59 477,193,309.05 51,778,853.24 637,099,336.88 Scheduled Principal 1,548.53 0.00 0.00 1,548.53 Unscheduled Principal 4,009,225.86 1,598,969.37 51,484.84 5,659,680.07 Scheduled Interest 526,055.30 1,518,915.32 185,384.64 2,230,355.26 Servicing Fee 23,362.07 154,199.83 16,196.98 4,820.71 Master Servicing Fee 841.04 3,590.94 388.73 4,820.71 Trustee Fee 0.00 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 0.00 Net Interest 501,852.19 1,361,124.55 168,798.93 2,031,775.67 Realized Loss Amount 0.00 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 0.00 - -----------------------------------------------------------------------------------------------------------------------------