Sequoia Residential Funding, Inc. has previously registered the offer and sale of Mortgage Pass-Through Certificates issued by Sequoia Mortgage Trust 8 (the Certificates)

Contract Categories: Real Estate - Mortgage Agreements
EX-10.1 3 f86678eexv10w1.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: SEPTEMBER 30, 2002 DISTRIBUTION DATE: OCTOBER 21, 2002 CERTIFICATEHOLDER DISTRIBUTION SUMMARY
Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution 1-A1 81743RAA0 SEN 1.95000% 42,495,891.70 71,357.68 1-A2 81743RAB8 SEN 3.45500% 61,468,000.00 176,976.62 2A 81743RAC6 SEN 2.12000% 459,899,221.31 812,488.62 3A 81743RAD4 SEN 3.90811% 49,881,899.05 162,453.33 X-1 81743RAE2 IO 2.49730% 0.00 216,360.28 X-2A 81743RAFf9 IO 1.09422% 0.00 170,703.25 X-2B 81743AFG7 IO 1.42592% 0.00 324,039.90 X-B 81743RAH5 IO 1.30441% 0.00 9,860.70 A-R 81743RAJ1 SEN 5.36369% 0.00 0.00 B-1 81743RAK8 SUB 2.49500% 9,069,000.00 18,855.96 B-2 81743RAL6 SUB 3.79941% 5,505,000.00 17,429.77 B-3 81743RAM4 SUB 3.79941% 3,886,000.00 12,303.74 B-4 SMT0208B4 SUB 3.79941% 1,618,000.00 5,122.86 B-5 SMT0208B5 SUB 3.79941% 970,000.00 3,071.19 B-6 SMT0208B6 SUB 3.79941% 2,306,324.82 7,302.22 - -------------------------------------------------------------------------------- Totals 637,099,336.88 2,008,326.12 - --------------------------------------------------------------------------------
Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Loss 1-A1 4,712,381.44 0.00 37,783,510.26 4,783,739.12 0.00 1-A2 0.00 0.00 61,468,000.00 176,976.62 0.00 2A 2,262,839.08 0.00 457,636,382.23 3,075,327.70 0.00 3A 137,320.90 0.00 49,744,578.15 299,774.23 0.00 X-1 0.00 0.00 0.00 216,360.28 0.00 X-2A 0.00 0.00 0.00 170,703.25 0.00 X-2B 0.00 0.00 0.00 324,039.90 0.00 X-B 0.00 0.00 0.00 9,860.70 0.00 A-R 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 9,069,000.00 18,855.96 0.00 B-2 0.00 0.00 5,505,000.00 17,429.77 0.00 B-3 0.00 0.00 3,886,000.00 12,303.74 0.00 B-4 0.00 0.00 1,618,000.00 5,122.86 0.00 B-5 0.00 0.00 970,000.00 3,071.19 0.00 B-6 0.00 0.00 2,306,324.82 7,302.22 0.00 - ----------------------------------------------------------------------------- Totals 7,112,541.42 0.00 629,986,795.46 9,120,867.54 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 42,495,891.70 5,898.31 4,706,483.13 0.00 1-A2 61,468,000.00 61,468,000.00 0.00 0.00 0.00 2A 463,097,000.00 459,899,221.31 6.25 2,262,832.83 0.00 3A 49,973,000.00 49,881,899.05 0.00 137,320.90 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 - ---------------------------------------------------------------------------------- Totals 647,892,424.82 637,099,336.88 5,904.56 7,106,636.86 0.00 - ----------------------------------------------------------------------------------
Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (1) Reduction Balance Percentage Distribution - ------------------------------------------------------------------------------ 1-A1 0.00 4,712,381.44 37,783,510.26 0.75567021 4,712,381.44 1-A2 0.00 0.00 61,468,000.00 1.00000000 0.00 2A 0.00 2,262,839.08 457,636,382.23 0.98820848 2,262,839.08 3A 0.00 137,320.90 49,744,578.15 0.99542909 137,320.90 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 - ------------------------------------------------------------------------------ Totals 0.00 7,112,541.42 629,986,795.46 0.97236327 7,112,541.42 - ------------------------------------------------------------------------------
(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 50,000,000.00 849.91783400 0.11796620 94.12966260 0.00000000 1-A2 61,468,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2A 463,097,000.00 993.09479722 0.00001350 4.88630423 0.00000000 3A 49,973,000.00 998.17699658 0.00000000 2.74790187 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
Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution - ------------------------------------------------------------------------------ 1-A1 0.00000000 94.24762880 755.67020520 0.75567021 94.24762880 1-A2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 2A 0.00000000 4.88631773 988.20847950 0.98820848 4.88631773 3A 0.00000000 2.74790187 995.42909471 0.99542909 2.74790187 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
(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 1.95000% 42,495,891.70 71,357.68 0.00 1-A2 61,468,000.00 3.45500% 61,468,000.00 176,976.62 0.00 2A 463,097,000.00 2.12000% 459,899,221.31 812,488.62 0.00 3A 49,973,000.00 3.90811% 49,881,899.05 162,453.33 0.00 X-1 0.00 2.49730% 103,963,891.70 216,357.62 0.00 X-2A 0.00 1.09422% 187,203,063.20 170,701.41 0.00 X-2B 0.00 1.42592% 272,696,158.11 324,036.41 0.00 X-B 0.00 1.30441% 9,069,000.00 9,858.04 0.00 A-R 100.00 5.36369% 0.00 0.00 0.00 B-1 9,069,000.00 2.49500% 9,069,000.00 18,855.96 0.00 B-2 5,505,000.00 3.79941% 5,505,000.00 17,429.77 0.00 B-3 3,886,000.00 3.79941% 3,886,000.00 12,303.74 0.00 B-4 1,618,000.00 3.79941% 1,618,000.00 5,122.86 0.00 B-5 970,000.00 3.79941% 970,000.00 3,071.19 0.00 B-6 2,306,324.82 3.79941% 2,306,324.82 7,302.22 0.00 - ---------------------------------------------------------------------------------- Totals 647,892,424.82 2,008,315.47 0.00 - ----------------------------------------------------------------------------------
Non- Remaining Ending Current Supported Unpaid Certificate/ Interest Interest Realized Total Interest Interest Notational Class Shortfall Shortfall Loss (4) Distribution Shortfall Balance - --------------------------------------------------------------------------------------- 1-A1 0.00 0.00 0.00 71,357.68 0.00 37,783,510.26 1-A2 0.00 0.00 0.00 176,976.62 0.00 61,468,000.00 2A 0.00 0.00 0.00 812,488.62 0.00 457,636,382.23 3A 0.00 0.00 0.00 162,453.33 0.00 49,744,578.15 X-1 0.00 0.00 0.00 216,360.28 0.00 99,251,510.26 X-2A 0.00 0.00 0.00 170,703.25 0.00 186,458,723.72 X-2B 0.00 0.00 0.00 324,039.90 0.00 271,177,658.51 X-B 0.00 0.00 0.00 9,860.70 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 18,855.96 0.00 9,069,000.00 B-2 0.00 0.00 0.00 17,429.77 0.00 5,505,000.00 B-3 0.00 0.00 0.00 12,303.74 0.00 3,886,000.00 B-4 0.00 0.00 0.00 5,122.86 0.00 1,618,000.00 B-5 0.00 0.00 0.00 3,071.19 0.00 970,000.00 B-6 0.00 0.00 0.00 7,302.22 0.00 2,306,324.82 - --------------------------------------------------------------------------------------- Totals 0.00 0.00 0.00 2,008,326.12 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
Beginning Payment of Current Certificate/ Current Unpaid Class Original Face Certificate Notional Accrued Interest (5) Amount Rate Balance Interest Shortfall - ------------------------------------------------------------------------------ 1-A1 50,000,000.00 1.95000% 849.91783400 1.42715360 0.00000000 1-A2 61,468,000.00 3.45500% 1000.00000000 2.87916672 0.00000000 2A 463,097,000.00 2.12000% 993.09479722 1.75446747 0.00000000 3A 49,973,000.00 3.90811% 998.17699658 3.25082204 0.00000000 X-1 0.00 2.49730% 932.67925952 1.94098414 0.00000000 X-2A 0.00 1.09422% 993.83286876 0.90622808 0.00000000 X-2B 0.00 1.42592% 992.58875310 1.17946251 0.00000000 X-B 0.00 1.30441% 1000.00000000 1.08700408 0.00000000 A-R 100.00 5.36369% 0.00000000 0.00000000 0.00000000 B-1 9,069,000.00 2.49500% 1000.00000000 2.07916639 0.00000000 B-2 5,505,000.00 3.79941% 1000.00000000 3.16617075 0.00000000 B-3 3,886,000.00 3.79941% 1000.00000000 3.16617087 0.00000000 B-4 1,618,000.00 3.79941% 1000.00000000 3.16616811 0.00000000 B-5 970,000.00 3.79941% 1000.00000000 3.16617526 0.00000000 B-6 2,306,324.82 3.79941% 1000.00000000 3.16617154 0.00000000
Non- Remaining Ending Current Supported Total Unpaid Certificate/ Class Interest Interest Realized Interest Interest Notational (5) Shortfall Shortfall Loss (6) Distribution Shortfall Balance - ---------------------------------------------------------------------------------------- 1-A1 0.00000000 0.00000000 0.00000000 1.42715360 0.00000000 755.67020520 1-A2 0.00000000 0.00000000 0.00000000 2.87916672 0.00000000 1000.00000000 2A 0.00000000 0.00000000 0.00000000 1.75446747 0.00000000 988.20847950 3A 0.00000000 0.00000000 0.00000000 3.25082204 0.00000000 995.42909471 X-1 0.00000000 0.00000000 0.00000000 1.94100800 0.00000000 890.40361593 X-2A 0.00000000 0.00000000 0.00000000 0.90623785 0.00000000 989.88128257 X-2B 0.00000000 0.00000000 0.00000000 1.17947522 0.00000000 987.06155523 X-B 0.00000000 0.00000000 0.00000000 1.08729739 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 2.07916639 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 0.00000000 3.16617075 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 0.00000000 3.16617087 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 0.00000000 3.16616811 0.00000000 1000.00000000 B-5 0.00000000 0.00000000 0.00000000 3.16617526 0.00000000 1000.00000000 B-6 0.00000000 0.00000000 0.00000000 3.16617154 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 9,318,042.55 Liquidations, Insurance Proceeds, Reserve Funds 10.65 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 0.00 -------------- Total Deposits 9,318,053.20 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 197,185.65 Payment of Interest and Principal 9,120,867.55 -------------- Total Withdrawals (Pool Distribution Amount) 9,318,053.20 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 192,407.40 Master Servicing Fee 4,778.25 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00 -------------- Net Servicing Fee 197,185.65 ==============
Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance - --------------------------------------------------------------------------------------- Class X-1 Basis Risk Reserve Fund 2,500.00 2.66 2.66 2,500.00 Class X-2 Basis Risk Reserve Fund 5,000.00 5.33 5.33 5,000.00 Class X-B Basis Risk Reserve Fund 2,500.00 2.66 2.66 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 $ Current % Current Class % Prepayment % -------------- ------------ -------------- ------------- --------------- ------------- Class A 647.892.324.82 99.99998457% 629,986,795.46 100.00000000% 96.292887% 0.000000% Class 1-A-1 597,892,324.82 92.28265402% 592,203,285.20 94.00249171% 5.997508% 161.783783% Class 1-A-2 536,424,324.82 82.79527654% 530,735,285.20 84.24546181% 9.757030% 263.197504% Class 2A 73,327,324.82 11.31782407% 73,098,902.97 11.60324367% 72.642218% 1,959.535914% Class 3A 23,354,324.82 3.60466089% 23,354,324.82 3.70711339% 7.896130% 212.999427% Class X-1 23,354,324.82 3.60466089% 23,354,324.82 3.70711339% 0.000000% 0.000000% Class B-1 14,285,324.82 2.20489147% 14,285,324.82 2.26755940% 1.439554% 38.832208% Class B-2 8,780,324.82 1.35521338% 8,780,324.82 1.39373156% 0.873828% 23.571651% Class B-3 4,894,324.82 0.75542245% 4,894,324.82 0.77689324% 0.616838% 16.639316% Class B-4 3,276,324.82 0.50568963% 3,276,324.82 0.52006246% 0.256831% 6.928053% Class B-5 2,306,324.82 0.35597342% 2,306,324.82 0.36609098% 0.153971% 4.153406% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.366091% 9.875365%
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 0.02000756% Fraud 19,436,773.00 3.00000004% 19,436,773.00 3.08526673% Special Hazard 15,500,000.00 2.39237247% 15,500,000.00 2.46036903%
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 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 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 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 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 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 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 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 4.154142% Weighted Average Net Coupon 3.791736% Weighted Average Pass-Through Rate 3.782736% Weighted Average Maturity (Stepdown Calculation) 329 Beginning Scheduled Collateral Loan Count 1,614 Number of Loans Paid in Full 15 Ending Scheduled Collateral Loan Count 1,599 Beginning Scheduled Collateral Balance 637,099,336.88 Ending Scheduled Collateral Balance 629,986,795.46 Ending Actual Collateral Balance at 30-Sep-2002 629,987,942.18 Monthly P&I Constant 2,211,405.68 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realization Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 9,046,913.12 Ending Scheduled Balance for Premium Loans 629,986,795.46 Scheduled Principal 5,904.56 Unscheduled Principal 7,106,636.86
MISCELLANEOUS REPORTING One Month Libor Loan Balance 435,375,274.84 Six Month Libor Loan Balance 193,505,002.50 Pro Rata Senior Percent 96,334273% Senior Percentage 100.000000% Senior Prepay Percentage 100.000000% Subordinate Percentage 0.000000% Subordinate Prepayment Percentage 0.000000%