All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. PRINCIPAL DISTRIBUTION STATEMENT
(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
(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
(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
(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 ============
- ------------------------------------------------------------------------------------ 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%