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

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Summary

This document is a distribution summary for certificateholders of the SMT Series 2002-10, prepared by Wells Fargo Bank Minnesota, N.A. as the Certificate Administrator. It details the interest and principal distributions made to holders of various classes of certificates as of September 30, 2003, with distributions occurring on October 30, 2003. The summary includes beginning and ending balances, distribution amounts, and realized losses for each class. All calculations are made in accordance with the Pooling and Servicing Agreement governing the trust.

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EX-10.1 3 f94356cexv10w1.txt EXHIBIT 10.1 EXHIBIT 10.1 CONTACT: CUSTOMER SERVICES -- CTSLINK WELLS FARGO BANK MINNESOTA, N.A. SECURITIES ADMINISTRATION SERVICES 7485 NEW HORIZON WAY FREDERICK, MD 21703 WWW.CTSLINK.COM TELEPHONE: (301) 815-6600 FAX: (301) 315-6660 SMT SERIES 2002-10 RECORD DATE: SEPTEMBER 30, 2003 DISTRIBUTION DATE: OCTOBER 30, 2003 CERTIFICATEHOLDER DISTRIBUTION SUMMARY
- ---------------------------------------------------------------------------------------- Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution - ---------------------------------------------------------------------------------------- 1A 81743VAA1 SEN 1.52000% 744,488,235.64 943,018.43 10,103,799.62 2A-1 81743VAB9 SEN 1.50000% 173,456,856.99 216,821.07 2,445,548.48 2A-2 81743VAN3 SEN 1.80000% 3,500,000.00 5,250.00 0.00 X-1A 81743VAC7 IO 1.11591% 0.00 328,522.71 0.00 X-1B 81743VAD5 IO 1.19421% 0.00 389,323.47 0.00 X-2 81743VAP8 IO 1.21201% 0.00 178,727.66 0.00 X-B 81743VAE3 IO 0.65464% 0.00 14,033.89 0.00 A-R 81743VAF0 SEN 3.37715% 0.00 0.00 0.00 B-1 81743VAG8 SUB 1.92000% 12,600,000.00 20,160.00 0.00 B-2 81743VAH6 SUB 1.92000% 8,400,000.00 13,440.00 0.00 B-3 81743VAJ2 SUB 2.52000% 4,725,000.00 9,922.50 0.00 B-4 SMT0210B4 SUB 2.68485% 2,625,000.00 5,873.10 0.00 B-5 SMT0210B5 SUB 2.68485% 2,100,000.00 4,698.48 0.00 B-6 SMT0210B6 SUB 2.68485% 3,685,162.00 8,245.08 0.00 - ---------------------------------------------------------------------------------------- Totals 955,580,254.63 2,138,036.39 12,549,348.10 - ----------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------- Ending Current Certificate Total Cumulative Class CUSIP Realized Loss Balance Distribution Realized Loss - ----------------------------------------------------------------------------- 1A 81743VAA1 0.00 734,384,436.02 11,046,818.05 0.00 2A-1 81743VAB9 0.00 171,011,308.51 2,662,369.55 0.00 2A-2 81743VAN3 0.00 3,500,000.00 5,250.00 0.00 X-1A 81743VAC7 0.00 0.00 328,522.71 0.00 X-1B 81743VAD5 0.00 0.00 389,323.47 0.00 X-2 81743VAP8 0.00 0.00 178,727.66 0.00 X-B 81743VAE3 0.00 0.00 14,033.89 0.00 A-R 81743VAF0 0.00 0.00 0.00 0.00 B-1 81743VAG8 0.00 12,600,000.00 20,160.00 0.00 B-2 81743VAH6 0.00 8,400,000.00 13,440.00 0.00 B-3 81743VAJ2 0.00 4,725,000.00 9,922.50 0.00 B-4 SMT0210B4 0.00 2,625,000.00 5,873.10 0.00 B-5 SMT0210B5 0.00 2,100,000.00 4,698.48 0.00 B-6 SMT0210B6 0.00 3,685,162.00 8,245.08 0.00 - ----------------------------------------------------------------------------- Totals 0.00 943,030,906.53 14,687,384.49 0.00 - -----------------------------------------------------------------------------
All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. PRINCIPAL DISTRIBUTION STATEMENT
- --------------------------------------------------------------------------------------------- Beginning Scheduled Unscheduled Original Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) - --------------------------------------------------------------------------------------------- 1A 822,375,000.00 744,488,235.64 0.00 10,103,799.62 0.00 0.00 2A-1 190,000,000.00 173,456,856.99 0.00 2,445,548.48 0.00 0.00 2A-2 3,500,000.00 3,500,000.00 0.00 0.00 0.00 0.00 X-1A 0.00 0.00 0.00 0.00 0.00 0.00 X-1B 0.00 0.00 0.00 0.00 0.00 0.00 X-2 0.00 0.00 0.00 0.00 0.00 0.00 X-B 0.00 0.00 0.00 0.00 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 12,600,000.00 12,600,000.00 0.00 0.00 0.00 0.00 B-2 8,400,000.00 8,400,000.00 0.00 0.00 0.00 0.00 B-3 4,725,000.00 4,725,000.00 0.00 0.00 0.00 0.00 B-4 2,625,000.00 2,625,000.00 0.00 0.00 0.00 0.00 B-5 2,100,000.00 2,100,000.00 0.00 0.00 0.00 0.00 B-6 3,685,162.00 3,685,162.00 0.00 0.00 0.00 0.00 - --------------------------------------------------------------------------------------------- Totals 1,050,010,262.00 955,580,254.63 0.00 12,549,348.10 0.00 0.00 - ---------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------- Total Ending Ending Original Face Principal Certificate Certificate Total Principal Class Amount Reduction Balance Percentage Distribution - --------------------------------------------------------------------------------------- 1A 822,375,000.00 10,103,799.62 734,384,436.02 0.89300433 10,103,799.62 2A-1 190,000,000.00 2,445,548.48 171,011,308.51 0.90005952 2,445,548.48 2A-2 3,500,000.00 0.00 3,500,000.00 1.00000000 0.00 X-1A 0.00 0.00 0.00 0.00000000 0.00 X-1B 0.00 0.00 0.00 0.00000000 0.00 X-2 0.00 0.00 0.00 0.00000000 0.00 X-B 0.00 0.00 0.00 0.00000000 0.00 A-R 100.00 0.00 0.00 0.00000000 0.00 B-1 12,600,000.00 0.00 12,600,000.00 1.00000000 0.00 B-2 8,400,000.00 0.00 8,400,000.00 1.00000000 0.00 B-3 4,725,000.00 0.00 4,725,000.00 1.00000000 0.00 B-4 2,625,000.00 0.00 2,625,000.00 1.00000000 0.00 B-5 2,100,000.00 0.00 2,100,000.00 1.00000000 0.00 B-6 3,685,162.00 0.00 3,685,162.00 1.00000000 0.00 - --------------------------------------------------------------------------------------- Totals 1,050,010,262.00 12,549,348.10 943,030,906.53 0.89811590 12,549,348.10 - ---------------------------------------------------------------------------------------
(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 Realized Class Amount Balance Distribution Distribution Accretion Loss (3) - ---------------------------------------------------------------------------------------- 1A 822,375,000.00 905.29045221 0.00000000 12.28612205 0.00000000 0.00000000 2A-1 190,000,000.00 912.93082626 0.00000000 12.87130779 0.00000000 0.00000000 2A-2 3,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-1A 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-1B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 12,600,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-2 8,400,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-3 4,725,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-4 2,625,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-5 2,100,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-6 3,685,162.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 - ----------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------- Ending Ending Original Face Total Principal Certificate Certificate Total Principal Class Amount Reduction Balance Percentage Distribution - ----------------------------------------------------------------------------------- 1A 822,375,000.00 12.28612205 893.00433017 0.89300433 12.28612205 2A-1 190,000,000.00 12.87130779 900.05951847 0.90005952 12.87130779 2A-2 3,500,000.00 0.00000000 1000.00000000 1.00000000 0.00000000 X-1A 0.00 0.00000000 0.00000000 0.00000000 0.00000000 X-1B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 X-2 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 0.00000000 0.00000000 0.00000000 0.00000000 B-1 12,600,000.00 0.00000000 1000.00000000 1.00000000 0.00000000 B-2 8,400,000.00 0.00000000 1000.00000000 1.00000000 0.00000000 B-3 4,725,000.00 0.00000000 1000.00000000 1.00000000 0.00000000 B-4 2,625,000.00 0.00000000 1000.00000000 1.00000000 0.00000000 B-5 2,100,000.00 0.00000000 1000.00000000 1.00000000 0.00000000 B-6 3,685,162.00 0.00000000 1000.00000000 1.00000000 0.00000000 - ---------------------------------------------------------------------------------
(3) Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise disclosed. Please refer to the prospectus supplement for a full description. INTEREST DISTRIBUTION STATEMENT
- ----------------------------------------------------------------------------------------------------------- Payment of Current Beginning Current Unpaid Current Original Face Certificate Certificate/ Accrued Interest Interest Class Amount Rate Notional Balance Interest Shortfall Shortfall - ----------------------------------------------------------------------------------------------------------- 1A 822,375,000.00 1.52000% 744,488,235.64 943,018.43 0.00 0.00 2A-1 190,000,000.00 1.50000% 173,456,856.99 216,821.07 0.00 0.00 2A-2 3,500,000.00 1.80000% 3,500,000.00 5,250.00 0.00 0.00 X-1A 0.00 1.11591% 353,277,362.00 328,522.71 0.00 0.00 X-1B 0.00 1.19421% 391,210,873.64 389,323.47 0.00 0.00 X-2 0.00 1.21201% 176,956,856.99 178,727.66 0.00 0.00 X-B 0.00 0.65464% 25,725,000.00 14,033.89 0.00 0.00 A-R 100.00 3.37715% 0.00 0.00 0.00 0.00 B-1 12,600,000.00 1.92000% 12,600,000.00 20,160.00 0.00 0.00 B-2 8,400,000.00 1.92000% 8,400,000.00 13,440.00 0.00 0.00 B-3 4,725,000.00 2.52000% 4,725,000.00 9,922.50 0.00 0.00 B-4 2,625,000.00 2.68485% 2,625,000.00 5,873.10 0.00 0.00 B-5 2,100,000.00 2.68485% 2,100,000.00 4,698.48 0.00 0.00 B-6 3,685,162.00 2.68485% 3,685,162.00 8,245.08 0.00 0.00 - ----------------------------------------------------------------------------------------------------------- Totals 1,050,010,262.00 2,138,036.39 0.00 0.00 - -----------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------- Remaining Ending Non-Supported Unpaid Certificate/ Original Face Interest Realized Total Interest Interest Notational Class Amount Shortfall Loss (4) Distribution Shortfall Balance - ------------------------------------------------------------------------------------------------------- 1A 822,375,000.00 0.00 0.00 943,018.43 0.00 734,384,436.02 2A-1 190,000,000.00 0.00 0.00 216,821.07 0.00 171,011,308.51 2A-2 3,500,000.00 0.00 0.00 5,250.00 0.00 3,500,000.00 X-1A 0.00 0.00 0.00 328,522.71 0.00 346,782,683.38 X-1B 0.00 0.00 0.00 389,323.47 0.00 387,601,752.64 X-2 0.00 0.00 0.00 178,727.66 0.00 174,511,308.51 X-B 0.00 0.00 0.00 14,033.89 0.00 25,725,000.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 12,600,000.00 0.00 0.00 20,160.00 0.00 12,600,000.00 B-2 8,400,000.00 0.00 0.00 13,440.00 0.00 8,400,000.00 B-3 4,725,000.00 0.00 0.00 9,922.50 0.00 4,725,000.00 B-4 2,625,000.00 0.00 0.00 5,873.10 0.00 2,625,000.00 B-5 2,100,000.00 0.00 0.00 4,698.48 0.00 2,100,000.00 B-6 3,685,162.00 0.00 0.00 8,245.08 0.00 3,685,162.00 - ------------------------------------------------------------------------------------------------------- Totals 1,050,010,262.00 0.00 0.00 2,138,036.39 0.00 - -------------------------------------------------------------------------------------------------------
(4) Amount does not include excess special hazard, bankruptcy, or fraud losses unless otherwise disclosed. Please refer to the prospectus supplement for a full description. INTEREST DISTRIBUTION FACTORS STATEMENT
- ------------------------------------------------------------------------------------------------------- Payment of Current Beginning Current Unpaid Current Original Face Certificate Certificate/ Accrued Interest Interest Class (5) Amount Rate Notional Balance Interest Shortfall Shortfall - ------------------------------------------------------------------------------------------------------- 1A 822,375,000.00 1.52000% 905.29045221 1.14670124 0.00000000 0.00000000 2A-1 190,000,000.00 1.50000% 912.93082626 1.14116353 0.00000000 0.00000000 2A-2 3,500,000.00 1.80000% 1000.00000000 1.50000000 0.00000000 0.00000000 X-1A 0.00 1.11591% 899.01654571 0.83602117 0.00000000 0.00000000 X-1B 0.00 1.19421% 911.03173255 0.90663644 0.00000000 0.00000000 X-2 0.00 1.21201% 914.50572088 0.92365716 0.00000000 0.00000000 X-B 0.00 0.65464% 1000.00000000 0.54553508 0.00000000 0.00000000 A-R 100.00 3.37715% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 12,600,000.00 1.92000% 1000.00000000 1.60000000 0.00000000 0.00000000 B-2 8,400,000.00 1.92000% 1000.00000000 1.60000000 0.00000000 0.00000000 B-3 4,725,000.00 2.52000% 1000.00000000 2.10000000 0.00000000 0.00000000 B-4 2,625,000.00 2.68485% 1000.00000000 2.23737143 0.00000000 0.00000000 B-5 2,100,000.00 2.68485% 1000.00000000 2.23737143 0.00000000 0.00000000 B-6 3,685,162.00 2.68485% 1000.00000000 2.23737247 0.00000000 0.00000000 - -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------- Remaining Non-Supported Unpaid Ending Original Face Interest Realized Total Interest Interest Certificate/ Class (5) Amount Shortfall Loss (6) Distribution Shortfall Notational Balance - -------------------------------------------------------------------------------------------------------------- 1A 822,375,000.00 0.00000000 0.00000000 1.14670124 0.00000000 893.00433017 2A-1 190,000,000.00 0.00000000 0.00000000 1.14116353 0.00000000 900.05951847 2A-2 3,500,000.00 0.00000000 0.00000000 1.50000000 0.00000000 1000.00000000 X-1A 0.00 0.00000000 0.00000000 0.83602117 0.00000000 882.48895531 X-1B 0.00 0.00000000 0.00000000 0.90663644 0.00000000 902.62699746 X-2 0.00 0.00000000 0.00000000 0.92365716 0.00000000 901.86722744 X-B 0.00 0.00000000 0.00000000 0.54553508 0.00000000 1000.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 12,600,000.00 0.00000000 0.00000000 1.60000000 0.00000000 1000.00000000 B-2 8,400,000.00 0.00000000 0.00000000 1.60000000 0.00000000 1000.00000000 B-3 4,725,000.00 0.00000000 0.00000000 2.10000000 0.00000000 1000.00000000 B-4 2,625,000.00 0.00000000 0.00000000 2.23737143 0.00000000 1000.00000000 B-5 2,100,000.00 0.00000000 0.00000000 2.23737143 0.00000000 1000.00000000 B-6 3,685,162.00 0.00000000 0.00000000 2.23737247 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 14,884,865.21 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 2,062.50 Realized Losses 0.00 Prepayment Penalties 0.00 -------------------- Total Deposits 14,886,927.71 Withdrawals Reimbursement for Servicer Advances 464.00 Payment of Service Fee 199,079.23 Payment of Interest and Principal 14,687,384.48 -------------------- Total Withdrawals (Pool Distribution Amount) 14,886,927.71 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 199,079.23 Supported Prepayment/Curtailment Interest Shortfall 0.00 ------------------ Net Servicing Fee 199,079.23 ==================
- -------------------------------------------------------------------------------------------------------- Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance - -------------------------------------------------------------------------------------------------------- Class X-A Basis Risk Reserve Fund 8,000.00 0.00 0.00 8,000.00 Class X-B Basis Risk Reserve Fund 2,000.00 0.00 0.00 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 1 825,000.00 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 ----------- -------------- ----------- ------------ ----------- ------------ 1 825,000.00 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 0.039809% 0.087484% 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% ----------- -------------- ----------- ------------ ----------- ------------ 0.039809% 0.087484% 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 1 825,000.00 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 1 825,000.00 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 0.039809% 0.087484% 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% 0.039809% 0.087484% - ------------------------------------------------------------------------
Current Period Class A Insufficient Funds: 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 2,062.50
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% 943,030,906.53 100.00000000% 96.380271% 0.000000% Class 1A 227,635,162.00 21.67932736% 208,646,470.51 22.12509357% 77.874906% 2,151.401643% Class 2-A-1 37,635,162.00 3.58426611% 37,635,162.00 3.99087259% 18.134221% 500.982853% Class 2-A-2 34,135,162.00 3.25093604% 34,135,162.00 3.61972887% 0.371144% 10.253357% Class X-2 34,135,162.00 3.25093604% 34,135,162.00 3.61972887% 0.000000% 0.000000% Class B-1 21,535,162.00 2.05094776% 21,535,162.00 2.28361148% 1.336117% 36.912085% Class B-2 13,135,162.00 1.25095558% 13,135,162.00 1.39286654% 0.890745% 24.608057% Class B-3 8,410,162.00 0.80095998% 8,410,162.00 0.89182252% 0.501044% 13.842032% Class B-4 5,785,162.00 0.55096242% 5,785,162.00 0.61346473% 0.278358% 7.690018% Class B-5 3,685,162.00 0.35096438% 3,685,162.00 0.39077850% 0.222686% 6.152014% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.390778% 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% 163,046.00 0.01728957% Fraud 31,500,308.00 3.00000001% 18,795,490.62 1.99309381% Special Hazard 11,240,000.00 1.07046573% 10,830,553.62 1.14848342% 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 1 825,000.00 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 ----------- ------------- ----------- ----------- ----------- ----------- 1 825,000.00 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 0.050378% 0.108265% 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% ----------- ------------- ----------- ----------- ----------- ----------- 0.050378% 0.108265% 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 1 825,000.00 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 1 825,000.00 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 0.050378% 0.108265% 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% 0.050378% 0.108265% - --------------------------------------------------------------------------
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 2.934907% Weighted Average Net Coupon 2.684907% Weighted Average Pass-Through Rate 2.684907% Weighted Average Maturity (Stepdown Calculation) 286 Beginning Scheduled Collateral Loan Count 2,545 Number of Loans Paid in Full 33 Ending Scheduled Collateral Loan Count 2,512 Beginning Scheduled Collateral Balance 955,580,254.63 Ending Scheduled Collateral Balance 943,030,906.53 Ending Actual Collateral Balance at 30-Sept-2003 943,030,907.64 Monthly P&I Constant 2,337,115.61 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realization Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 14,611,011.44 Ending Scheduled Balance for Premium Loans 943,030,906.53 Scheduled Principal 0.00 Unscheduled Principal 12,549,348.10
- ----------------------------------------------------------------------------------------------------- GROUP 1 2 TOTAL Collateral Description Mixed ARM 6 Month ARM Mixed ARM Weighted Average Coupon Rate 2.927057 2.967942 2.934907 Weighted Average Net Rate 2.677057 2.717942 2.684907 Pass-Through Rate 2.677057 2.717942 2.684907 Weighted Average Maturity 286 286 286 Record Date 09/30/2003 09/30/2003 09/30/2003 Principal and Interest Constant 1,883,366.69 453,748.92 2,337,115.61 Beginning Loan Count 2,011 534 2,545 Loans Paid in Full 26 7 33 Ending Loan Count 1,985 527 2,512 Beginning Scheduled Balance 772,120,232.64 183,460,021.99 955,580,254.63 Ending Scheduled Balance 762,016,433.02 181,014,473.51 943,030,906.53 Scheduled Principal 0.00 0.00 0.00 Unscheduled Principal 10,103,799.62 2,445,548.48 12,549,348.10 Scheduled Interest 1,883,366.69 453,748.92 2,337,115.61 Servicing Fee 160,858.39 38,220.84 199,079.23 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 1,722,508.30 415,528.08 2,138,036.38 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 359,830,751.39 Six Month LIBOR Loans 402,185,681.63 Pro Rata Senior Percentage 96.421283% Senior Percentage 100.000000% Senior Prepayment Percentage 100.000000% Subordinate Percentage 0.000000% Subordinate Prepayment Percentage 0.000000% Group 2 Pro Rata Senior Percentage 96.455269% Senior Percentage 100.000000% Senior Prepayment Percentage 100.000000% Subordinate Percentage 0.000000% Subordinate Prepayment Percentage 0.000000%