Certificateholder Distribution Statement for SMT Series 2002-8 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 2002-8, administered by Wells Fargo Bank Minnesota, N.A. It details the interest and principal payments made to holders of various classes of certificates as of October 31, 2002, with distributions occurring on November 20, 2002. The statement includes balances, distribution amounts, and loss information for each class of certificates, as calculated under the Pooling and Servicing Agreement. No realized losses are reported for this period, and all calculations are performed by the Certificate Administrator on behalf of the Trustee.

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EX-10.1 3 f86678fexv10w1.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: OCTOBER 31, 2002 DISTRIBUTION DATE: NOVEMBER 20, 2002 CERTIFICATEHOLDER DISTRIBUTION SUMMARY
Certificate Certificate Pass- Beginning Current Ending Cumulative Class Through Certificate Interest Principal Realized Certificate Total Realized Class CUSIP Description Rate Balance Distribution Distribution Loss Balance Distribution Loss - ----- ----- ----------- ---- ------- ------------ ------------ ---- ------- ------------ ---- 1-A1 81743RAA0 SEN 1.96000% 37,783,510.26 61,713.07 7,504,494.72 0.00 30,279,015.54 7,566,207.79 0.00 1-A2 81743RAB8 SEN 3.45500% 61,468,000.00 176,976.62 0.00 0.00 61,468,000.00 176,976.62 0.00 2A 81743RAC6 SEN 2.13000% 457,636,382.23 812,304.58 5,979,772.74 0.00 451,656,609.49 6,792,077.32 0.00 3A 81743RAD4 SEN 3.90818% 49,744,578.15 162,008.86 1,862,086.46 0.00 47,882,491.69 2,024,095.32 0.00 X-1 81743RAE2 IO 2.47953% 0.00 205,083.64 0.00 0.00 0.00 205,083.64 0.00 X-2A 81743RAFf9 IO 1.08391% 0.00 168,421.96 0.00 0.00 0.00 168,421.96 0.00 X-2B 81743AFG7 IO 1.41114% 0.00 318,894.76 0.00 0.00 0.00 318,894.76 0.00 X-B 81743RAH5 IO 1.29243% 0.00 9,770.32 0.00 0.00 0.00 9,770.32 0.00 A-R 81743RAJ1 SEN 5.37470% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 B-1 81743RAK8 SUB 2.50500% 9,069,000.00 18,931.54 0.00 0.00 9,069,000.00 18,931.54 0.00 B-2 81743RAL6 SUB 3.79743% 5,505,000.00 17,420.70 0.00 0.00 5,505,000.00 17,420.70 0.00 B-3 81743RAM4 SUB 3.79743% 3,886,000.00 12,297.33 0.00 0.00 3,886,000.00 12,297.33 0.00 B-4 SMT0208B4 SUB 3.79743% 1,618,000.00 5,120.20 0.00 0.00 1,618,000.00 5,120.20 0.00 B-5 SMT0208B5 SUB 3.79743% 970,000.00 3,069.59 0.00 0.00 970,000.00 3,069.59 0.00 B-6 SMT0208B6 SUB 3.79743% 2,306,324.82 7,298.42 0.00 0.00 2,306,324.82 7,298.42 0.00 -------------- ------------ ------------- ---- -------------- ------------- ---- Totals 629,986,795.46 1,979,311.59 15,346,353.92 0.00 614,640,441.54 17,325,665.51 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
Original Beginning Scheduled Unscheduled Total Face Certificate Principal Principal Realized Principal Class Amount Balance Distribution Distribution Accretion Loss (1) Reduction ----- ------ ------- ------------ ------------ --------- -------- --------- 1-A1 50,000,000.00 37,783,520.26 1,209.58 7,503,285.14 0.00 0.00 7,504,494.72 1-A2 61,468,000.00 61,468,000.00 0.00 0.00 0.00 0.00 0.00 2A 463,097,000.00 457,636,382.23 25.36 5,979,747.38 0.00 0.00 5,979,772.74 3A 49,973,000.00 49,744,578.15 43.76 1,862,042.70 0.00 0.00 1,862,086.46 X-1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 X-2A 0.00 0.00 0.00 0.00 0.00 0.00 0.00 X-2B 0.00 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 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 0.00 B-1 9,069,000.00 9,069,000.00 0.00 0.00 0.00 0.00 0.00 B-2 5,505,000.00 5,505,000.00 0.00 0.00 0.00 0.00 0.00 B-3 3,886,000.00 3,886,000.00 0.00 0.00 0.00 0.00 0.00 B-4 1,618,000.00 1,618,000.00 0.00 0.00 0.00 0.00 0.00 B-5 970,000.00 970,000.00 0.00 0.00 0.00 0.00 0.00 B-6 2,306,324.82 2,306,324.82 0.00 0.00 0.00 0.00 0.00 -------------- -------------- -------- ------------- ---- ---- ------------- Totals 647,892,424.82 629,986,795.46 1,278.70 15,345,075.22 0.00 0.00 15,346,353.92 ============== ============== ======== ============= ==== ==== =============
Ending Ending Total Certificate Certificate Principal Class Balance Percentage Distribution ----- ------- ---------- ------------ 1-A1 30,279,015.54 0.60558031 7,504,494.72 1-A2 61,468,000.00 1.00000000 0.00 2A 451,656,609.49 0.97529591 5,979,772.74 3A 47,882,491.69 0.95816724 1,862,086.46 X-1 0.00 0.00000000 0.00 X-2A 0.00 0.00000000 0.00 X-2B 0.00 0.00000000 0.00 X-B 0.00 0.00000000 0.00 A-R 0.00 0.00000000 0.00 B-1 9,069,000.00 1.00000000 0.00 B-2 5,505,000.00 1.00000000 0.00 B-3 3,886,000.00 1.00000000 0.00 B-4 1,618,000.00 1.00000000 0.00 B-5 970,000.00 1.00000000 0.00 B-6 2,306,324.82 1.00000000 0.00 -------------- ---------- ------------- Totals 614,640,441.54 0.94867669 15,346,353.92 ============== ========== =============
(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 Total Original Face Certificate Principal Principal Realized Principal Class Amount Balance Distribution Distribution Accretion Loss (3) Reduction - ----- ------ ------- ------------ ------------ --------- -------- --------- 1-A1 50,000,000.00 755.67020520 0.02419160 150.06570280 0.00000000 0.00000000 150.08989440 1-A2 61,468,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2A 463,097,000.00 988.20847950 0.00005476 12.91251591 0.00000000 0.00000000 12.91257067 3A 49,973,000.00 995.42909471 0.00087567 37.26097493 0.00000000 0.00000000 37.26185060 X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-2A 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-2B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 9,069,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-2 5,505,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-3 3,886,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-4 1,618,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-5 970,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-6 2,306,324.82 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
Ending Ending Total Certificate Certificate Principal Class Balance Percentage Distribution - ----- ------- ---------- ------------ 1-A1 605.58031080 0.60558031 150.08989440 1-A2 1000.00000000 1.00000000 0.00000000 2A 975.29590883 0.97529591 12.91257067 3A 958.16724411 0.95816724 37.26185060 X-1 0.00000000 0.00000000 0.00000000 X-2A 0.00000000 0.00000000 0.00000000 X-2B 0.00000000 0.00000000 0.00000000 X-B 0.00000000 0.00000000 0.00000000 A-R 0.00000000 0.00000000 0.00000000 B-1 1000.00000000 1.00000000 0.00000000 B-2 1000.00000000 1.00000000 0.00000000 B-3 1000.00000000 1.00000000 0.00000000 B-4 1000.00000000 1.00000000 0.00000000 B-5 1000.00000000 1.00000000 0.00000000 B-6 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 Non- Current Certificate/ Current Unpaid Current Supported Original Face Certificate Notional Accrued Interest Interest Interest Realized Class Amount Rate Balance Interest Shortfall Shortfall Shortfall Loss (4) ----- ------ ---- ------- -------- --------- --------- --------- -------- 1-A1 50,000,000.00 1.96000% 37,783,510.26 61,713.07 0.00 0.00 0.00 0.00 1-A2 61,468,000.00 3.45500% 61,468,000.00 176,976.62 0.00 0.00 0.00 0.00 2A 463,097,000.00 2.13000% 457,636,382.23 812,304.58 0.00 0.00 0.00 0.00 3A 49,973,000.00 3.90818% 49,744,578.15 162,008.86 0.00 0.00 0.00 0.00 X-1 0.00 2.47953% 99,251,510.26 205,080.83 0.00 0.00 0.00 0.00 X-2A 0.00 1.08391% 186,458,723.72 168,420.02 0.00 0.00 0.00 0.00 X-2B 0.00 1.41114% 271,177,658.51 318,891.08 0.00 0.00 0.00 0.00 X-B 0.00 1.29243% 9,069,000.00 9,767.51 0.00 0.00 0.00 0.00 A-R 100.00 5.37470% 0.00 0.00 0.00 0.00 0.00 0.00 B-1 9,069,000.00 2.50500% 9,069,000.00 18,931.54 0.00 0.00 0.00 0.00 B-2 5,505,000.00 3.79743% 5,505,000.00 17,420.70 0.00 0.00 0.00 0.00 B-3 3,886,000.00 3.79743% 3,886,000.00 12,297.33 0.00 0.00 0.00 0.00 B-4 1,618,000.00 3.79743% 1,618,000.00 5,120.20 0.00 0.00 0.00 0.00 B-5 970,000.00 3.79743% 970,000.00 3,069.59 0.00 0.00 0.00 0.00 B-6 2,306,324.82 3.79743% 2,306,324.82 7,298.42 0.00 0.00 0.00 0.00 -------------- ------------ ---- ---- ---- ---- Totals 647,892,424.82 1,979,300.35 0.00 0.00 0.00 0.00 ============== ============ ==== ==== ==== ====
Remaining Ending Total Unpaid Certificate/ Interest Interest Notational Class Distribution Shortfall Balance ----- ------------ --------- ------- 1-A1 61,713.07 0.00 30,279,015.54 1-A2 176,976.62 0.00 61,468,000.00 2A 812,304.58 0.00 451,656,609.49 3A 162,008.86 0.00 47,882,491.69 X-1 205,083.64 0.00 91,747,015.54 X-2A 168,421.96 0.00 184,835,868.52 X-2B 318,894.76 0.00 266,820,740.97 X-B 9,770.32 0.00 9,069,000.00 A-R 0.00 0.00 0.00 B-1 18,931.54 0.00 9,069,000.00 B-2 17,420.70 0.00 5,505,000.00 B-3 12,297.33 0.00 3,886,000.00 B-4 5,120.20 0.00 1,618,000.00 B-5 3,069.59 0.00 970,000.00 B-6 7,298.42 0.00 2,306,324.82 ------------ ---- Totals 1,979,311.59 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 Non- Current Certificate/ Current Unpaid Current Supported Original Face Certificate Notional Accrued Interest Interest Interest Realized Class (5) Amount Rate Balance Interest Shortfall Shortfall Shortfall Loss (6) - --------- ------ ---- ------- -------- --------- --------- --------- -------- 1-A1 50,000,000.00 1.96000% 755.67020520 1.23426140 0.00000000 0.00000000 0.00000000 0.00000000 1-A2 61,468,000.00 3.45500% 1000.00000000 2.87916672 0.00000000 0.00000000 0.00000000 0.00000000 2A 463,097,000.00 2.13000% 988.20847950 1.75407005 0.00000000 0.00000000 0.00000000 0.00000000 3A 49,973,000.00 3.90818% 995.42909471 3.24192784 0.00000000 0.00000000 0.00000000 0.00000000 X-1 0.00 2.47953% 890.40361593 1.83981797 0.00000000 0.00000000 0.00000000 0.00000000 X-2A 0.00 1.08391% 989.88128257 0.89411652 0.00000000 0.00000000 0.00000000 0.00000000 X-2B 0.00 1.41114% 987.06155523 1.16073399 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00 1.29243% 1000.00000000 1.07702172 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 5.37470% 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 9,069,000.00 2.50500% 1000.00000000 2.08750028 0.00000000 0.00000000 0.00000000 0.00000000 B-2 5,505,000.00 3.79743% 1000.00000000 3.16452316 0.00000000 0.00000000 0.00000000 0.00000000 B-3 3,886,000.00 3.79743% 1000.00000000 3.16452136 0.00000000 0.00000000 0.00000000 0.00000000 B-4 1,618,000.00 3.79743% 1000.00000000 3.16452410 0.00000000 0.00000000 0.00000000 0.00000000 B-5 970,000.00 3.79743% 1000.00000000 3.16452577 0.00000000 0.00000000 0.00000000 0.00000000 B-6 2,306,324.82 3.79743% 1000.00000000 3.16452389 0.00000000 0.00000000 0.00000000 0.00000000
Remaining Ending Total Unpaid Certificate/ Interest Interest Notational Class (5) Distribution Shortfall Balance - --------- ------------ --------- ------- 1-A1 1.23426140 0.00000000 605.58031080 1-A2 2.87916672 0.00000000 1000.00000000 2A 1.75407005 0.00000000 975.29590883 3A 3.24192784 0.00000000 958.16724411 X-1 1.83984318 0.00000000 823.07940880 X-2A 0.89412682 0.00000000 981.26578872 X-2B 1.16074738 0.00000000 971.20277901 X-B 1.07733157 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 0.00000000 B-1 2.08750028 0.00000000 1000.00000000 B-2 3.16452316 0.00000000 1000.00000000 B-3 3.16452136 0.00000000 1000.00000000 B-4 3.16452410 0.00000000 1000.00000000 B-5 3.16452577 0.00000000 1000.00000000 B-6 3.16452389 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 17,520,314.77 Liquidations, Insurance Proceeds, Reserve Funds 11.23 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 740.00 Realized Losses 0.00 Prepayment Penalties 0.00 ------------- Total Deposits 17,521,066.00 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 195,400.49 Payment of Interest and Principal 17,325,665.51 ------------- Total Withdrawals (Pool Distribution Amount) 17,521,066.00 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 190,675.60 Master Servicing Fee 4,724.89 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00 ---------- Net Servicing Fee 195,400.49 ==========
Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance ------------ ------- ----------- -------- ------- Class X-1 Basis Risk Reserve Fund 2,500.00 2.81 2.81 2,500.00 Class X-2 Basis Risk Reserve Fund 5,000.00 5.62 5.62 5,000.00 Class X-B Basis Risk Reserve Fund 2,500.00 2.81 2.81 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 1 222,000.00 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 -------- -------- -------- -------- -------- -------- 1 222,000.00 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 0.063492% 0.036119% 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% -------- -------- -------- -------- -------- -------- 0.063492% 0.036119% 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 1 222,000.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+ Days 0 0.00 -------- -------- -------- -------- 0 0.00 1 222,000.00 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 0.063492% 0.036119% 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% 0.063492% 0.036119%
Current Period Class A Insufficient Funds: 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 740.00
Original $ Original% Current $ Current % Current Class % Prepayment % ---------- --------- --------- --------- --------------- ------------ Class A 647,892,324.82 99.99998457% 614,640,441.54 100.00000000% 96.200327% 0.000000% Class 1-A-1 597,892,324.82 92.28265402% 584,361,426.00 95.07370269% 4.926297% 129.650571% Class 1-A-2 536,424,324.82 82.79527654% 522,893,426.00 85.07305909% 10.000644% 263.197504% Class 2A 73,327,324.82 11.31782407% 71,236,816.51 11.58999826% 73.483061% 1,933.931351% Class 3A 23,354,324.82 3.60466089% 23,354,324.82 3.79967266% 7.790326% 205.026230% Class X-1 23,354,324.82 3.60466089% 23,354,324.82 3.79967266% 0.000000% 0.000000% Class B-1 14,285,324.82 2.20489147% 14,285,324.82 2.32417587% 1.475497% 38.832208% Class B-2 8,780,324.82 1.35521338% 14,285,324.82 1.42853028% 0.895464% 23.571651% Class B-3 4,894,324.82 0.75542245% 8,780,324.82 0.79629072% 0.632240% 16.639316% Class B-4 3,276,324.82 0.50568963% 4,894,324.82 0.53304739% 0.263243% 6.928053% Class B-5 2,306,324.82 0.35597342% 3,276,324.82 0.37523154% 0.157816% 4.153406% Class B-6 0.00 0.00000000% 2,306,324.82 0.00000000% 0.375232% 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 0.02050711% Fraud 19,436,773.00 3.00000004% 19,436,773.00 3.16229973% Special Hazard 15,500,000.00 2.39237247% 15,500,000.00 2,52179957%
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 1 222,000.00 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 -------- -------- -------- -------- -------- -------- 1 222,000.00 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 0.675676% 0.445967% 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% -------- -------- -------- -------- -------- -------- 0.675676% 0.445967% 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 1 222,000.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+ Days 0 0.00 -------- -------- -------- -------- 0 0.00 1 222,000.00 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 0.675676% 0.445967% 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% 0.675676% 0.445967%
COLLATERAL STATEMENT
Collateral Description Mixed Arm Weighted Average Gross Coupon 4.142374% Weighted Average Net Coupon 3.779175% Weighted Average Pass-Through Rate 3.770175% Weighted Average Maturity (Stepdown Calculation) 328 Beginning Scheduled Collateral Loan Count 1,599 Number of Loans Paid in Full 24 Ending Scheduled Collateral Loan Count 1,575 Beginning Scheduled Collateral Balance 629,986,795.46 Ending Scheduled Collateral Balance 614,640,441.54 Ending Actual Collateral Balance at 30-Sep-2002 614,641,413.94 Monthly P&I Constant 2,175,979.54 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realization Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 17,251,748.98 Ending Scheduled Balance for Premium Loans 614,640,441.54 Scheduled Principal 1,278.70 Unscheduled Principal 15,345,075.22
MISCELLANEOUS REPORTING One Month Libor Loan Balance 191,913,297.83 Six Month Libor Loan Balance 421,621,900.94 Pro Rata Senior Percent 96.292887% Senior Percentage 100.000000% Senior Prepay Percentage 100.000000% Subordinate Percentage 0.000000% Subordinate Prepayment Percentage 0.000000%