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EX-10.1 3 f84384exv10w1.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: JULY 31, 2002 DISTRIBUTION DATE: AUGUST 20, 2002 CERTIFICATEHOLDER DISTRIBUTION SUMMARY
- -------------------------------------------------------------------------------------------------------------------- Certificate Beginning Class Certificate Certificate Interest Class CUSIP Description Pass-Through Rate Balance Distribution - -------------------------------------------------------------------------------------------------------------------- 1-A1 81743RAA0 SEN 1.94000% 50,000,000.00 56,583.33 1-A2 81743RAB8 SEN 3.45500% 61,468,000.00 176,976.62 2A 81743RAC6 SEN 2.11000% 463,097,000.00 569,995.22 3A 81743RAD4 SEN 3.90812% 49,973,000.00 162,750.39 X-1 81743RAE2 IO 2.86001% 0.00 265,666.71 X-2A 81743RAFf9 IO 1.73857% 0.00 272,904.62 X-2B 81743AFG7 IO 2.06881% 0.00 473,639.76 X-B 81743RAH5 IO 2.06224% 0.00 15,585.39 A-R 81743RAJ1 SEN 5.37439% 100.00 0.45 B-1 81743RAK8 SUB 2.48500% 9,069,000.00 13,146.27 B-2 81743RAL6 SUB 3.80174% 5,505,000.00 17,440.49 B-3 81743RAM4 SUB 3.80174% 3,886,000.00 12,311.30 B-4 SMT0208B4 SUB 3.80174% 1,618,000.00 5,126.01 B-5 SMT0208B5 SUB 3.80174% 970,000.00 3,073.07 B-6 SMT0208B6 SUB 3.80174% 2,306,324.82 7,306.71 LTR SUB 0.00000% 0.00 0.00 - -------------------------------------------------------------------------------------------------------------------- Totals 647,892,424.82 2,052,506.34 - --------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------- Current Ending Principal Realized Certificate Total Cumulative Class Distribution Loss Balance Distribution Realized Loss - ----------------------------------------------------------------------------------------------------------------- 1-A1 3,493,333.91 0.00 46,506,666.09 3,549,917.24 0.00 1-A2 0.00 0.00 61,468,000.00 176,976.62 0.00 2A 1,598,809.32 0.00 461,498,190.68 2,168,804.54 0.00 3A 39,616.11 0.00 49,933,383.89 202,366.50 0.00 X-1 0.00 0.00 0.00 265,666.71 0.00 X-2A 0.00 0.00 0.00 272,904.62 0.00 X-2B 0.00 0.00 0.00 473,639.76 0.00 X-B 0.00 0.00 0.00 15,585.39 0.00 A-R 100.00 0.00 0.00 100.45 0.00 B-1 0.00 0.00 9,069,000.00 13,146.27 0.00 B-2 0.00 0.00 5,505,000.00 17,440.49 0.00 B-3 0.00 0.00 3,886,000.00 12,311.30 0.00 B-4 0.00 0.00 1,618,000.00 5,126.01 0.00 B-5 0.00 0.00 970,000.00 3,073.07 0.00 B-6 0.00 0.00 2,306,324.82 7,306.71 0.00 LTR 0.00 0.00 0.00 0.00 0.00 - ----------------------------------------------------------------------------------------------------------------- Totals 5,131,859.34 0.00 642,760.565.48 7,184,365.68 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 50,000,000.00 1,252.17 3,492,081.74 0.00 1-A2 61,468,000.00 61,468,000.00 0.00 0.00 0.00 2A 463,097,000.00 463,097,000.00 29.06 1,598,780.26 0.00 3A 49,973,000.00 49,973,000.00 0.00 39,616.11 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 100.00 100.00 0.04 99.96 0.00 B-1 9,069,000.00 9,069,000.00 0.00 0.00 0.00 B-2 5,505,000.00 5,505,000.00 0.00 0.00 0.00 B-3 3,886,000.00 3,886,000.00 0.00 0.00 0.00 B-4 1,618,000.00 1,618,000.00 0.00 0.00 0.00 B-5 970,000.00 970,000.00 0.00 0.00 0.00 B-6 2,306,324.82 2,306,324.82 0.00 0.00 0.00 LTR 0.00 0.00 0.00 0.00 0.00 - -------------------------------------------------------------------------------------------------------------- Totals 647,892,424.82 647,892,424.82 1,281.27 5,130,578.07 0.00 - --------------------------------------------------------------------------------------------------------------
PRINCIPAL DISTRIBUTION STATEMENT
- -------------------------------------------------------------------------------------------------------------------------- Realized Total Principal Ending Certificate Ending Certificate Total Principal Class Loss (1) Reduction Balance Percentage Distribution - -------------------------------------------------------------------------------------------------------------------------- 1-A1 0.00 3,493,333.91 46,506,666.09 0.93013332 3,493,333.91 1-A2 0.00 0.00 61,468,000.00 1.00000000 0.00 2A 0.00 1,598,809.32 461,498,190.68 0.99654757 1,598,809.32 3A 0.00 39,616.11 49,933,383.89 0.99920725 39,616.11 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 0.00 100.00 0.00 0.00000000 100.00 B-1 0.00 0.00 9,069,000.00 1.00000000 0.00 B-2 0.00 0.00 5,505,000.00 1.00000000 0.00 B-3 0.00 0.00 3,886,000.00 1.00000000 0.00 B-4 0.00 0.00 1,618,000.00 1.00000000 0.00 B-5 0.00 0.00 970,000.00 1.00000000 0.00 B-6 0.00 0.00 2,306,324.82 1.00000000 0.00 LTR 0.00 0.00 0.00 0.00000000 0.00 - -------------------------------------------------------------------------------------------------------------------------- Totals 0.00 5,131,859.34 642,760,565.48 0.99207915 5,131,859.34 - --------------------------------------------------------------------------------------------------------------------------
(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 1000.00000000 0.02504340 69.84163480 0.00000000 1-A2 61,468,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2A 463,097,000.00 1000.00000000 0.00006275 3.45236583 0.00000000 3A 49,973,000.00 1000.00000000 0.00000000 0.79275029 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 0.40000000 999.60000000 0.00000000 B-1 9,069,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 5,505,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 3,886,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 1,618,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-5 970,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-6 2,306,324.82 1000.00000000 0.00000000 0.00000000 0.00000000 LTR 0.00 0.00000000 0.00000000 0.00000000 0.00000000 - ---------------------------------------------------------------------------------------------------------------
PRINCIPAL DISTRIBUTION FACTORS STATEMENT
- ----------------------------------------------------------------------------------------------------------------------- Realized Total Principal Ending Certificate Ending Certificate Total Principal Class Loss (3) Reduction Balance Percentage Distribution - ----------------------------------------------------------------------------------------------------------------------- 1-A1 0.00000000 69.86667820 930.13332180 0.93013332 69.86667820 1-A2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 2A 0.00000000 3.45242858 996,54757142 0.99654757 3.45242858 3A 0.00000000 0.79275029 999.20724971 0.99920725 0.79275029 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 1000.00000000 0.00000000 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-5 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B-6 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 LTR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 - -----------------------------------------------------------------------------------------------------------------------
(3) Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise disclosed. Please refer to the prospectus supplement for a full description. INTEREST DISTRIBUTION STATEMENT
- ---------------------------------------------------------------------------------------------------------------- Beginning Payment of Certificate/ Current Unpaid Original Face Current Notional Accrued Interest Class Amount Certificate Rate Balance Interest Shortfall - ---------------------------------------------------------------------------------------------------------------- 1-A1 50,000,000.00 1.94000% 50,000,000.00 56,583.33 0.00 1-A2 61,468,000.00 3.45500% 61,468,000.00 176,976.62 0.00 2A 463,097,000.00 2.11000% 463,097,000.00 569,995.22 0.00 3A 49,973,000.00 3.90812% 49,973,000.00 162,750.39 0.00 X-1 0.00 2.86001% 0.00 265,666.71 0.00 X-2A 0.00 1.73857% 0.00 272,904.62 0.00 X-2B 0.00 2.06881% 0.00 473,639.76 0.00 X-B 0.00 2.06224% 0.00 15,585.39 0.00 A-R 100.00 5.37439% 100.00 0.45 0.00 B-1 9,069,000.00 2.48500% 9,069,000.00 13,146.27 0.00 B-2 5,505,000.00 3.80174% 5,505,000.00 17,440.49 0.00 B-3 3,886,000.00 3.80174% 3,886,000.00 12,311.30 0.00 B-4 1,618,000.00 3.80174% 1,618,000.00 5,126.01 0.00 B-5 970,000.00 3.80174% 970,000.00 3,073.07 0.00 B-6 2,306,324.82 3.80174% 2,306,324.82 7,306.71 0.00 LTR 0.00 0.00000% 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------- Totals 647,892,424.82 647,892,424.82 2,052,506.34 0.00 - ----------------------------------------------------------------------------------------------------------------
INTEREST DISTRIBUTION STATEMENT
- ------------------------------------------------------------------------------------------------------------------- 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 56,583.33 0.00 46,506,666.09 1-A2 0.00 0.00 0.00 176,976.62 0.00 61,468,000.00 2A 0.00 0.00 0.00 569,995.22 0.00 461,498,190.68 3A 0.00 0.00 0.00 162,750.39 0.00 49,933.383.89 X-1 0.00 0.00 0.00 265,666.71 0.00 107,974,666.09 X-2A 0.00 0.00 0.00 272,904.62 0.00 0.00 X-2B 0.00 0.00 0.00 473,639.76 0.00 0.00 X-B 0.00 0.00 0.00 15,585.39 0.00 9,069,000.00 A-R 0.00 0.00 0.00 0.45 0.00 0.00 B-1 0.00 0.00 0.00 13,146.27 0.00 9,069,000.00 B-2 0.00 0.00 0.00 17,440.49 0.00 5,505,000.00 B-3 0.00 0.00 0.00 12,311.30 0.00 3,886,000.00 B-4 0.00 0.00 0.00 5,126.01 0.00 1,618,000.00 B-5 0.00 0.00 0.00 3,073.07 0.00 970,000.00 B-6 0.00 0.00 0.00 7,306.71 0.00 2,306,324.82 LTR 0.00 0.00 0.00 0.00 0.00 0.00 - ------------------------------------------------------------------------------------------------------------------- Totals 0.00 0.00 0.00 2,052,506.34 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 Unpaid Current Class Original Face Certificate Certificate/ Current Accrued Interest Interest (5) Amount Rate Notional Balance Interest Shortfall Shortfall - --------------------------------------------------------------------------------------------------------------------------- 1-A1 50,000,000.00 1000.00000000 0.00000000 0.00000000 1-A2 61,468,000.00 1000.00000000 0.00000000 0.00000000 2A 463,097,000.00 1000.00000000 0.00000000 0.00000000 3A 49,973,000.00 1000.00000000 0.00000000 0.00000000 X-1 0.00 1000.00000000 0.00000000 0.00000000 X-2A 0.00 1000.00000000 0.00000000 0.00000000 X-2B 0.00 1000.00000000 0.00000000 0.00000000 X-B 0.00 1000.00000000 0.00000000 0.00000000 A-R 100.00 1000.00000000 0.00000000 0.00000000 B-1 9,069,000.00 1000.00000000 0.00000000 0.00000000 B-2 5,505,000.00 1000.00000000 0.00000000 0.00000000 B-3 3,886,000.00 1000.00000000 0.00000000 0.00000000 B-4 1,618,000.00 1000.00000000 0.00000000 0.00000000 B-5 970,000.00 1000.00000000 0.00000000 0.00000000 B-6 2,306,324.82 1000.000000000 0.00000000 0.00000000 LTR 0.00 0.000000000 0.00000000 0.00000000 - ---------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------- ----------------------- Non- Remaining Supported Unpaid Class Interest Realized Total Interest Interest Ending Certificate/ (5) Shortfall Loss(6) Distribution Shortfall Notational Balance - ----------------------------------------------------------------------------------- ----------------------- 1-A1 0.00000000 0.00000000 1.13166660 0.00000000 930.13332180 1-A2 0.00000000 0.00000000 2.87916672 0.00000000 1000.00000000 2A 0.00000000 0.00000000 1.23083332 0.00000000 996.54757142 3A 0.00000000 0.00000000 3.25676645 0.00000000 999.20724971 X-1 0.00000000 0.00000000 2.38334509 0.00000000 968.66065678 X-2A 0.00000000 0.00000000 1.44880953 0.00000000 0.00000000 X-2B 0.00000000 0.00000000 1,72400485 0.00000000 0.00000000 X-B 0.00000000 0.00000000 1.71853457 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 4.50000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 1.44958320 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 3.16811807 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 3.16811631 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 3.16811496 0.00000000 1000.00000000 B-5 0.00000000 0.00000000 3.16811340 0.00000000 1000.00000000 B-6 0.00000000 0.00000000 3.16811836 0.00000000 1000.00000000 LTR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 - ----------------------------------------------------------------------------------- -----------------------
(5) Per $1 denomination (6) Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise disclosed. Please refer to the prospectus supplement for a full description. CERTIFICATEHOLDER ACCOUNT STATEMENT ----------------------------------------------------------------------------------------------------------- CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 7,382,735.59 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 1,487.98 Realized Losses 0.00 Prepayment Penalties 0.00 ------------- Total Deposits 7,384,223.57 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 199,857.88 Payment of Interest and Principal 7,184,365.69 ------------- Total Withdrawals (Pool Distribution Amount) 7,384,223.57 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 194,998.69 Master Servicing Fee 4,859.19 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00 --------------------- Net Servicing Fee 199,857.88 ===================== -------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------- Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance - ------------------------------------------------------------------------------------------------------------------------- Class X-1 Basis Risk Reserve Fund 2,500.00 0.00 0.00 2,500.00 Class X-2 Basis Risk Reserve Fund 5,000.00 0.00 0.00 5,000.00 Class X-B Basis Risk Reserve Fund 2,500.00 0.00 0.00 - -------------------------------------------------------------------------------------------------------------------------
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
- -------------------------------------------------------------------------------------------------------------------- DELINQUENT BANKRUPTCY FORECLOSURE - -------------------------------------------------------------------------------------------------------------------- No. of Principal No. of Principal No. of Loans Balance Loans Balance Loans 0-29 Days 0 0.00 0-29 Days 0 0.00 0-29 Days 0 30 Days 1 332,200.00 30 Days 0 0.00 30 Days 0 60 Days 0 0.00 60 Days 0 0.00 60 Days 0 90 Days 0 0.00 90 Days 0 0.00 90 Days 0 120 Days 0 0.00 120 Days 0 0.00 120 Days 0 150 Days 0 0.00 150 Days 0 0.00 150 Days 0 180+ Days 0 0.00 180+ Days 0 0.00 180+ Days 0 ------------- ------------- ------------- -------------- ------------- 1 332,200.00 0 0.00 0 No. of Principal No. of Principal No. of Loans Balance Loans Balance Loans 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 30 Days 0.61538% 0.051683% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% ------------- ------------- ------------- -------------- ------------- 0.061538% 0.051683% 0.000000% 0.000000% 0.000000% - -------------------------------------------------------------------------------------------------------------------- Current Period Class A Insufficient Funds: 0.00 Principal Balance of Contaminated Properties
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
- ------------------------------------------------------------------------------------------------------------------- REO TOTAL - ------------------------------------------------------------------------------------------------------------------- Principal No. of Principal No. of Principal Balance Loans Balance Loans Balance 0-29 Days 0.00 0-29 Days 0 0.00 0-29 Days 0 0.00 30 Days 0.00 30 Days 0 0.00 30 Days 1 332,200.00 60 Days 0.00 60 Days 0 0.00 60 Days 0 0.00 90 Days 0.00 90 Days 0 0.00 90 Days 0 0.00 120 Days 0.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0.00 180+ Days 0 0.00 180+ Days 0 0.00 ------------- -------------- ------------- ------------- ------------- 0.00 0 0.00 1 332,200.00 Principal No. of Principal No. of Principal Balance Loans Balance Loans Balance 0-29 Days 0.000000% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.061538% 0.051683% 60 Days 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% ------------- -------------- ------------- ------------- ------------- 0.000000% 0.000000% 0.000000% 0.061538% 0.051683% - ------------------------------------------------------------------------------------------------------------------- 0.00 Periodic Advance 1,487.98
- --------------------------------------------------------------------------------------------------------------------------- Original $ Original % Current $ -------------------------- ----------------------------- ------------------------- Class A 647,892,324.82 99.99998457% 642,760,565.48 Class 1-A-1 597,892,324.82 92.28265402% 596,253,899.39 Class 1-A-2 536,424,324.82 82.79527654% 534,785,899.39 Class 2A 73,327,324.82 11.31782407% 73,287,708.71 Class 3A 23,354,324.82 3.60466089% 23,354,324.82 Class X-1 23,354,324.82 3.60466089% 23,354,324.82 Class B-1 14,285,324.82 2.20489147% 14,285,324.82 Class B-2 8,780,324.82 1.35521338% 8,780,324.82 Class B-3 4,894,324.82 0.75542245% 4,894,324.82 Class B-4 3,276,324.82 0.50568963% 3,276,342.82 Class B-5 2,306,324.82 0.33597342% 2,306,324.82 Class B-6 0.00 0.00000000% 0.00 Class LT-R 0.00 0.00000000% 0.00 Please refer to the prospectus supplement for a full description of loss exposure - ---------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------- Current % Current Class % Prepayment % -------------------------- -------------------------- ------------------------ Class A 100.00000000% 92.366559% 0.000000% Class 1-A-1 92.76454273% 7.235457% 199.135134% Class 1-A-2 83,20141715% 9.563126% 263.197504% Class 2A 11.40202319% 71.799394% 1,976.071645% Class 3A 3.63344083% 7.768582% 213.807868% Class X-1 3.63344083% 0.000000% 0.000000% Class B-1 2.22249553% 1.410945% 38.832208% Class B-2 1.36603353% 0.856462% 23.571651% Class B-3 0.76145381% 0.604580% 16.639316% Class B-4 0.50972710% 0.251727% 6.928053% Class B-5 0.35881554% 0.150912% 4.153406% Class B-6 0.00000000% 0.358816% 9.875365% Class LT-R 0.00000000% 0.000000% 0.000000% Please refer to the prospectus supplement for a full description of loss exposure - --------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------- Original $ Original % Current $ Current % Bankruptcy 126,045.00 0.01945462% 126,045.00 0.01960995% Fraud 19,436,773.00 3.00000004% 19,436,773.00 3.02395232% Special Hazard 15,500,000.00 2.39237247% 15,500,000.00 2.41147339% 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 1 332,200. 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 -------- ---------- -------- --------- ----------- ---------- 1 332,200.00 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 0.462963% 0.296239% 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% ---------- ---------- ---------- --------- --------- ----------- 0.462963% 0.296239% 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 0.0 30 Days 0. 0.00 30 Days 1 332,200.0 60 Days 0 0.00 60 Days 0 0.0 90 Days 0 0.00 90 Days 0 0.0 120 Days 0 0.00 120 Days 0 0.0 150 Days 0 0.00 150 Days 0 0.0 180+ Days 0 0.00 180+ Days 0 0.0 ----------- ---------- ---------- ---------- 0 0.00 1 332,200.0 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 0.462963% 0.296239% 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% 0.462963% 0.296239% - ----------------------------------------------------------------------------------
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 Loans Balance Loans Balance Loans 0-29 Days 0 0.00 0 0.00 0 30 Days 0 0.00 30 Days 0 0.00 30 Days 0 60 Days 0 0.00 60 Days 0 0.00 60 Days 0 90 Days 0 0.00 90 Days 0 0.00 90 Days 0 120 Days 0 0.00 120 Days 0 0.00 120 Days 0 150 Days 0 0.00 150 Days 0 0.00 150 Days 0 180+ Days 0 0.00 180+ Days 0 0.00 180+ Days 0 ------------- ------------- ------------- -------------- ------------- - 0 0.00 0 0.00 0 No. of Principal No. of Principal No. of Loans Balance Loans Balance Loans 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 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% - ---------------------------------------------------------------------------------------------------------------------
Group 3 - ------------------------------------------------------------------------------------------------------------------- REO TOTAL - ------------------------------------------------------------------------------------------------------------------- Principal No. of Principal No. of Principal Balance Loans Balance Loans Balance 0-29 Days 0.00 0 0.00 0 0.00 30 Days 0.00 30 Days 0 0.00 30 Days 0 0.00 60 Days 0.00 60 Days 0 0.00 60 Days 0 0.00 90 Days 0.00 90 Days 0 0.00 90 Days 0 0.00 120 Days 0.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0.00 180+ Days 0 0.00 180+ Days 0 0.00 ------------- -------------- ------------- ------------- ------------- 0.00 0 0.00 0 0.00 Principal No. of Principal No. of Principal Balance Loans Balance Loans Balance 0-29 Days 0.000000% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 30 Days 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% ------------- -------------- ------------- ------------- ------------- 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% - -------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------- COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 4.171737% Weighted Average Net Coupon 3.810569% Weighted Average Pass-Through Rate 3.801569% Weighted Average Maturity (Stepdown Calculation) 331 Beginning Scheduled Collateral Loan Count 1,635 Number of Loans Paid in Full 10 Ending Scheduled Collateral Loan Count 1,625 Beginning Scheduled Collateral Balance 647,892,424.82 Ending Scheduled Collateral Balance 642,760,565.48 Ending Actual Collateral Balance at 31-July-2002 642,761,996.16 Monthly P&I Constant 2,253,645.50 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realization Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 7,110,376.44 Ending Scheduled Balance for Premium Loans 642,760,565.48 Scheduled Principal 1,281.27 Unscheduled Principal 5,130,578.07 - ----------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------- MISCELLANEOUS REPORTING One Month Libor Loan Balance 195,041,524.84 Six Month Libor Loan Balance 446,610,049.80 Pro Rata Senior Percent 96.395339% Senior Percentage 100.000000% Senior Prepay Percentage 100.000000% Subordinate Percentage 0.000000% Subordinate Prepayment Percentage 0.000000% ----------------------------------------------------------------------------------------------