Certificateholder Distribution Statement for SMT Series 2002-10 Administered by Wells Fargo Bank Minnesota, N.A.

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Summary

This document is a distribution statement for certificateholders of the SMT Series 2002-10, 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 September 30, 2002, with distributions occurring on October 21, 2002. The statement outlines the beginning and ending balances, distribution amounts, and realized losses for each certificate class. All calculations are made in accordance with the Pooling and Servicing Agreement, and no realized losses are reported for this period.

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EX-10.1 3 f86678bexv10w1.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 2002-10 RECORD DATE: SEPTEMBER 30, 2002 DISTRIBUTION DATE: OCTOBER 21, 2002 CERTIFICATEHOLDER DISTRIBUTION SUMMARY
Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution - ------------------------------------------------------------------------------------------------------------ 1A 81743VAA1 SEN 2.21063% 822,375,000.00 1,211,977.90 111,282.51 2A-1 81743VAB9 SEN 2.19063% 190,000,000.00 277,479.80 63,674.30 2A-2 81743VAN3 SEN 2.49063% 3,500,000.00 5,811.47 0.00 X-1A 81743VAC7 IO 1.57966% 0.00 517,285.84 0.00 X-1B 81743VAD5 IO 1.68974% 0.00 604,667.98 0.00 X-2 81743VAP8 IO 1.70890% 0.00 275,559.76 0.00 X-B 81743VAE3 IO 1.24043% 0.00 26,592.42 0.00 A-R 81743VAF0 SEN 3.40565% 100.00 0.28 100.00 B-1 81743VAG8 SUB 2.61063% 12,600,000.00 21,929.29 0.00 B-2 81743VAH6 SUB 2.61063% 8,400,000.00 14,619.53 0.00 B-3 81743VAJ2 SUB 3.21063% 4,725,000.00 10,113.48 0.00 B-4 SMT0210B4 SUB 3.41709% 2,625,000.00 7,474.89 0.00 B-5 SMT0210B5 SUB 3.41709% 2,100,000.00 5,979.92 0.00 B-6 SMT0210B6 SUB 3.41709% 3,685,162.00 10,493.79 0.00 - ------------------------------------------------------------------------------------------------------------ Totals 1,050,010,262.00 2,989,986.35 175,056.81 - ------------------------------------------------------------------------------------------------------------
Ending Current Certificate Total Cumulative Realized Loss Balance Distribution Realized Loss - --------------------------------------------------------------------- 0.00 822,263,717.49 1,323,260.41 0.00 0.00 189,936,325.70 341,154.10 0.00 0.00 3,500,000.00 5,811.47 0.00 0.00 0.00 517,285.84 0.00 0.00 0.00 604,667.98 0.00 0.00 0.00 275,559.76 0.00 0.00 0.00 26,592.42 0.00 0.00 0.00 100.28 0.00 0.00 12,600,000.00 21,929.29 0.00 0.00 8,400,000.00 14,619.53 0.00 0.00 4,725,000.00 10,113.48 0.00 0.00 2,625,000.00 7,474.89 0.00 0.00 2,100,000.00 5,979.92 0.00 0.00 3,685,162.00 10,493.79 0.00 - --------------------------------------------------------------------- 0.00 1,049,835,205.19 3,165,043.16 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 Realized Class Amount Balance Distribution Distribution Accretion Loss (1) - -------------------------------------------------------------------------------------------------------- 1A 822,375,000.00 822,375,000.00 0.00 111,282.51 0.00 0.00 2A-1 190,000,000.00 190,000,000.00 0.00 63,674.30 0.00 0.00 2A-2 3,500,000.00 3,500,000.00 0.00 0.00 0.00 0.00 X-1A 0.00 0.00 0.00 0.00 0.00 0.00 X-1B 0.00 0.00 0.00 0.00 0.00 0.00 X-2 0.00 0.00 0.00 0.00 0.00 0.00 X-B 0.00 0.00 0.00 0.00 0.00 0.00 A-R 100.00 100.00 0.00 100.00 0.00 0.00 B-1 12,600,000.00 12,600,000.00 0.00 0.00 0.00 0.00 B-2 8,400,000.00 8,400,000.00 0.00 0.00 0.00 0.00 B-3 4,725,000.00 4,725,000.00 0.00 0.00 0.00 0.00 B-4 2,625,000.00 2,625,000.00 0.00 0.00 0.00 0.00 B-5 2,100,000.00 2,100,000.00 0.00 0.00 0.00 0.00 B-6 3,685,162.00 3,685,162.00 0.00 0.00 0.00 0.00 - -------------------------------------------------------------------------------------------------------- Totals 1,050,010,262.00 1,050,010,262.00 0.00 175,056.81 0.00 0.00 - --------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------- Total Ending Ending Principal Certificate Certificate Total Principal Reduction Balance Percentage Distribution - ------------------------------------------------------------------- 111,282.51 822,263,717.49 0.99986468 111,282.51 63,674.30 189,936,325.70 0.99966487 63,674.30 0.00 3,500,000.00 1.00000000 0.00 0.00 0.00 0.00000000 0.00 0.00 0.00 0.00000000 0.00 0.00 0.00 0.00000000 0.00 0.00 0.00 0.00000000 0.00 100.00 0.00 0.00000000 100.00 0.00 12,600,000.00 1.00000000 0.00 0.00 8,400,000.00 1.00000000 0.00 0.00 4,725,000.00 1.00000000 0.00 0.00 2,625,000.00 1.00000000 0.00 0.00 2,100,000.00 1.00000000 0.00 0.00 3,685,162.00 1.00000000 0.00 - ------------------------------------------------------------------- 175,056.81 1,049,835,205.19 0.99983328 175,056.81 - -------------------------------------------------------------------
(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. PRINCIPAL DISTRIBUTION FACTORS STATEMENT
- --------------------------------------------------------------------------------------------------------- Beginning Scheduled Unscheduled Original Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (3) - --------------------------------------------------------------------------------------------------------- 1A 822,375,000.00 1000.00000000 0.00000000 0.13531845 0.00000000 0.00000000 2A-1 190,000,000.00 1000.00000000 0.00000000 0.33512789 0.00000000 0.00000000 2A-2 3,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-1A 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-1B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 1000.00000000 0.00000000 1000.00000000 0.00000000 0.00000000 B-1 12,600,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-2 8,400,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-3 4,725,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-4 2,625,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-5 2,100,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-6 3,685,162.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 - ---------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------ Ending Ending Total Principal Certificate Certificate Total Principal Reduction Balance Percentage Distribution - ------------------------------------------------------------------------ 0.13531845 999.86468155 0.99986468 0.13531845 0.33512789 999.66487211 0.99966487 0.33512789 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 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 0.00000000 0.00000000 1000.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 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 Current Original Face Certificate Certificate/ Accrued Interest Interest Class Amount Rate Notional Balance Interest Shortfall Shortfall - --------------------------------------------------------------------------------------------------------- 1A 822,375,000.00 2.21063% 822,375,000.00 1,211,977.90 0.00 0.00 2A-1 190,000,000.00 2.19063% 190,000,000.00 277,479.80 0.00 0.00 2A-2 3,500,000.00 2.49063% 3,500,000.00 5,811.47 0.00 0.00 X-1A 0.00 1.57966% 392,959,800.00 517,285.56 0.00 0.00 X-1B 0.00 1.68974% 429,415,200.00 604,667.65 0.00 0.00 X-2 0.00 1.70890% 193,500,000.00 275,559.60 0.00 0.00 X-B 0.00 1.24043% 25,725,000.00 26,591.65 0.00 0.00 A-R 100.00 3.40565% 100.00 0.28 0.00 0.00 B-1 12,600,000.00 2.61063% 12,600,000.00 21,929.29 0.00 0.00 B-2 8,400,000.00 2.61063% 8,400,000.00 14,619.53 0.00 0.00 B-3 4,725,000.00 3.21063% 4,725,000.00 10,113.48 0.00 0.00 B-4 2,625,000.00 3.41709% 2,625,000.00 7,474.89 0.00 0.00 B-5 2,100,000.00 3.41709% 2,100,000.00 5,979.92 0.00 0.00 B-6 3,685,162.00 3.41709% 3,685,162.00 10,493.79 0.00 0.00 - --------------------------------------------------------------------------------------------------------- Totals 1,050,010,262.00 2,989,984.81 0.00 0.00 - ---------------------------------------------------------------------------------------------------------
Remaining Ending Non-Supported Unpaid Certificate/ Interest Realized Total Interest Interest Notational Shortfall Loss(4) Distribution Shortfall Balance - -------------------------------------------------------------------------- 0.00 0.00 1,211,977.90 0.00 822,263,717.49 0.00 0.00 277,479.80 0.00 189,936,325.70 0.00 0.00 5,811.47 0.00 3,500,000.00 0.00 0.00 517,285.84 0.00 392,940,895.62 0.00 0.00 604,667.98 0.00 429,322,821.87 0.00 0.00 275,559.76 0.00 193,436,325.70 0.00 0.00 26,592.42 0.00 25,725,000.00 0.00 0.00 0.28 0.00 0.00 0.00 0.00 21,929.29 0.00 12,600,000.00 0.00 0.00 14,619.53 0.00 8,400,000.00 0.00 0.00 10,113.48 0.00 4,725,000.00 0.00 0.00 7,474.89 0.00 2,625,000.00 0.00 0.00 5,979.92 0.00 2,100,000.00 0.00 0.00 10,493.79 0.00 3,685,162.00 - -------------------------------------------------------------------------- 0.00 0.00 2,989,986.35 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 Current Original Face Certificate Certificate/ Accrued Interest Interest Class (5) Amount Rate Notional Balance Interest Shortfall Shortfall - ----------------------------------------------------------------------------------------------------- 1A 822,375,000.00 2.21063% 1000.00000000 1.47375334 0.00000000 0.00000000 2A-1 190,000,000.00 2.19063% 1000.00000000 1.46042000 0.00000000 0.00000000 2A-2 3,500,000.00 2.49063% 1000.00000000 1.66042000 0.00000000 0.00000000 X-1A 0.00 1.57966% 1000.00000000 1.31638290 0.00000000 0.00000000 X-1B 0.00 1.68974% 1000.00000000 1.40811888 0.00000000 0.00000000 X-2 0.00 1.70890% 1000.00000000 1.42408062 0.00000000 0.00000000 X-B 0.00 1.24043% 1000.00000000 1.03368902 0.00000000 0.00000000 A-R 100.00 3.40565% 1000.00000000 2.80000000 0.00000000 0.00000000 B-1 12,600,000.00 2.61063% 1000.00000000 1.74041984 0.00000000 0.00000000 B-2 8,400,000.00 2.61063% 1000.00000000 1.74042024 0.00000000 0.00000000 B-3 4,725,000.00 3.21063% 1000.00000000 2.14041905 0.00000000 0.00000000 B-4 2,625,000.00 3.41709% 1000.00000000 2.84757714 0.00000000 0.00000000 B-5 2,100,000.00 3.41709% 1000.00000000 2.84758095 0.00000000 0.00000000 B-6 3,685,162.00 3.41709% 1000.00000000 2.84757902 0.00000000 0.00000000 - -----------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------- Remaining Non-Supported Unpaid Interest Realized Total Interest Interest Ending Certificate/ Shortfall Loss (6) Distribution Shortfall Notational Balance - -------------------------------------------------------------------------------- 0.00000000 0.00000000 1.47375334 0.00000000 999.86468155 0.00000000 0.00000000 1.46042000 0.00000000 999.66487211 0.00000000 0.00000000 1.66042000 0.00000000 1000.00000000 0.00000000 0.00000000 1.31638361 0.00000000 999.95189233 0.00000000 0.00000000 1.40811965 0.00000000 999.78487457 0.00000000 0.00000000 1.42408145 0.00000000 999.67093385 0.00000000 0.00000000 1.03371895 0.00000000 1000.00000000 0.00000000 0.00000000 2.80000000 0.00000000 0.00000000 0.00000000 0.00000000 1.74041984 0.00000000 1000.00000000 0.00000000 0.00000000 1.74042024 0.00000000 1000.00000000 0.00000000 0.00000000 2.14041905 0.00000000 1000.00000000 0.00000000 0.00000000 2.84757714 0.00000000 1000.00000000 0.00000000 0.00000000 2.84758095 0.00000000 1000.00000000 0.00000000 0.00000000 2.84757902 0.00000000 1000.00000000 - --------------------------------------------------------------------------------
(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 3,383,793.74 Liquidations, Insurance Proceeds, Reserve Funds 1.54 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 0.00 ------------ Total Deposits 3,383,795.28 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 218,752.12 Payment of Interest and Principal 3,165,043.16 ------------ Total Withdrawals (Pool Distribution Amount) 3,383,795.28 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 218,752.12 Supported Prepayment/Curtailment Interest Shortfall 0.00 ------------ Net Servicing Fee 218,752.12 ============
- ------------------------------------------------------------------------------------ Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance - ------------------------------------------------------------------------------------ Class X-A Basis Risk Reserve Fund 8,000.00 0.77 0.77 8,000.00 Class X-B Basis Risk Reserve Fund 2,000.00 0.77 0,77 2,000.00 - ------------------------------------------------------------------------------------
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 0.00 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
Subordinated Level/Credit Enhancement/Class Percentage and Prepayment Percentage
- --------------------------------------------------------------------------------------------------------------------------- Original $ Original % Current $ Current % Current Class % Prepayment % ---------- ---------- --------- --------- --------------- ------------ Class A 1,050,010,162.00 99.99999048% 1,049,835,205.19 100.00000000% 96.748522% 0.000000% Class 1A 227,635,162.00 21.67932736% 227,571,487.70 21.67687715% 78.323123% 2,408.846683% Class 2-A-1 37,635,162.00 3.58426611% 37,635,162.00 3.58486378% 18.092013% 556.424269% Class 2-A-2 34,135,162.00 3.25093604% 34,135,162.00 3.25147812% 0.333386% 10.253357% Class X-2 34,135,162.00 3.25093604% 34,135,162.00 3.25147812% 0.000000% 0.000000% Class B-1 21,535,162.00 2.05094776% 21,535,162.00 2.05128975% 1.200188% 36.912085% Class B-2 13,135,162.00 1.25095558% 13,135,162.00 1.25116418% 0.800126% 24.608057% Class B-3 8,410,162.00 0.80095998% 8,410,162.00 0.80109354% 0.450071% 13.842032% Class B-4 5,785,162.00 0.55096242% 5,785,162.00 0.55105430% 0.250039% 7.690018% Class B-5 3,685,162.00 0.35096438% 3,685,162.00 0.35102290% 0.200031% 6.152014% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.351023% 10.795795% - ---------------------------------------------------------------------------------------------------------------------------
Please refer to the prospectus supplement for a full description of loss exposure
- -------------------------------------------------------------------------------- Original $ Original % Current $ Current % Bankruptcy 163,046.00 0.01552804% 163,064.00 0.01553063% Fraud 31,500,308.00 3.00000001% 31,500,308.00 3.00050025% Special Hazard 11,240,000.00 1.07046573% 11,240,000.00 1.07064423%
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 Mixed ARM Weighted Average Gross Coupon 3.667092% Weighted Average Net Coupon 3.417092% Weighted Average Pass-Through Rate 3.417092% Weighted Average Maturity (Stepdown Calculation) 298 Beginning Scheduled Collateral Loan Count 2,764 Number of Loans Paid in Full 0 Ending Scheduled Collateral Loan Count 2,764 Beginning Scheduled Collateral Balance 1,050,010,262.00 Ending Scheduled Collateral Balance 1,049,835,205.19 Ending Actual Collateral Balance at 30-Sept-2002 1,049,700,193.06 Monthly P&I Constant 3,208,737.04 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realization Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 3,067,839.07 Ending Scheduled Balance for Premium Loans 1,049,835,205.19 Scheduled Principal 0.00 Unscheduled Principal 175,056.81
GROUP 1 2 TOTAL Collateral Description Mixed ARM 6 Month ARM Mixed ARM Weighted Average Coupon Rate 3.655645 3.715742 3.667092 Weighted Average Net Rate 3.405645 3.465742 3.417092 Pass-Through Rate 3.405645 3.465742 3.417092 Weighted Average Maturity 298 298 298 Record Date 09/30/2002 09/30/2002 09/30/2002 Principal and Interest Constant 2,589,436.93 619,300.11 3,208,737.04 Beginning Loan Count 2,187 577 2,764 Loans Paid in Full 0 0 0 Ending Loan Count 2,187 577 2,764 Beginning Scheduled Balance 850,007,097.00 200,003,165.00 1,050,010,262.00 Ending Scheduled Balance 849,895,714.49 199,939,490.70 1,049,835,205.19 Scheduled Principal 0.00 0.00 0.00 Unscheduled Principal 111,382.51 63,674.30 175,056.81 Scheduled Interest 2,589,436.93 619,300.11 3,208,737.04 Servicing Fee 177,084.80 41,667.32 218,752.12 Master Servicing Fee 0.00 0.00 0.00 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 2,412,352.13 577,632.79 2,989,984.92 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
MISCELLANEOUS REPORTING
Group 1 - ------- One Month LIBOR Loans 643,690,539.71 Six Month LIBOR Loans 206,205,174.78 Pro Rata Senior Percentage 96.749204% Senior Percentage 100.000000% Senior Prepayment Percentage 100.000000% Group 2 - ------- Pro Rata Senior Percentage 96.748469% Senior Percentage 100.000000% Senior Prepayment Percentage 100.000000%