-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DOfx3T4gcsDmJciGq2Pd5fTB0pNGK/22ytjPIAgh6oFQPeHo+vvZa6qVB4DudRr7 cNlLG2toZ/2G2L8/rjZh/g== 0001056404-02-001557.txt : 20021209 0001056404-02-001557.hdr.sgml : 20021209 20021209170648 ACCESSION NUMBER: 0001056404-02-001557 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021125 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEAR STEARNS ARM TRUST MORTGAGE PASS THROUGH CERT SER 2000-1 CENTRAL INDEX KEY: 0001130555 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 522267477 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-51279-09 FILM NUMBER: 02852641 BUSINESS ADDRESS: STREET 1: 11000 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 BUSINESS PHONE: 4108842000 MAIL ADDRESS: STREET 1: 11000 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 8-K 1 bst00001.txt NOVEMBER 8K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 25, 2002 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2000-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-51279-09 Pooling and Servicing Agreement) (Commission 52-2267477 (State or other File Number) 52-2267478 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On November 25, 2002 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2000-1 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2000-1 Trust, relating to the November 25, 2002 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2000-1 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 12/3/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2000-1 Trust, relating to the November 25, 2002 distribution.
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 10/31/02 11/25/02 Distribution Date: BST Series: 2000-1 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution I-A 07384MAL6 SEN 7.46167% 48,988,146.21 304,611.12 48,988,146.21 I-A-IO 07384MAM4 SEN 0.20173% 0.00 8,235.32 0.00 II-A 07384MAN2 SEN 7.49327% 51,050,262.40 318,777.65 51,050,262.40 R-I 07384MAP7 RESIDU 0.00000% 0.00 0.00 0.00 R-II 07384MAQ5 RESIDU 0.00000% 0.00 0.00 0.00 B-1 07384MAR3 SUB 7.59004% 5,035,601.49 31,850.36 5,035,601.49 B-2 07384MAS1 SUB 7.59004% 2,014,431.27 12,741.35 2,014,431.27 B-3 07384MAT9 SUB 7.59004% 1,007,215.63 6,370.68 1,007,215.63 B-4 07384MAU6 SUB 7.59004% 755,530.89 4,778.76 755,530.89 B-5 07384MAV4 SUB 7.59004% 503,369.48 3,183.83 503,369.48 B-6 07384MAW2 SUB 7.59004% 731,943.02 4,629.57 731,943.02 Totals 110,086,500.39 695,178.64 110,086,500.3
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 0.00 49,292,757.33 0.00 I-A-IO 0.00 0.00 8,235.32 0.00 II-A 0.00 0.00 51,369,040.05 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 B-1 0.00 0.00 5,067,451.85 0.00 B-2 0.00 0.00 2,027,172.62 0.00 B-3 0.00 0.00 1,013,586.31 0.00 B-4 0.00 0.00 760,309.65 0.00 B-5 0.00 0.00 506,553.31 0.00 B-6 0.00 0.00 736,572.59 26,872.78 Totals 0.00 0.00 110,781,679.03 26,872.78 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 Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) I-A 593,234,900.00 48,988,146.21 0.00 48,988,146.21 0.00 0.00 I-A-IO 0.00 0.00 0.00 0.00 0.00 0.00 II-A 442,108,000.00 51,050,262.40 0.00 51,050,262.40 0.00 0.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 B-1 10,564,000.00 5,035,601.49 0.00 5,035,601.49 0.00 0.00 B-2 4,226,000.00 2,014,431.27 0.00 2,014,431.27 0.00 0.00 B-3 2,113,000.00 1,007,215.63 0.00 1,007,215.63 0.00 0.00 B-4 1,585,000.00 755,530.89 0.00 755,530.89 0.00 0.00 B-5 1,056,000.00 503,369.48 0.00 503,369.48 0.00 0.00 B-6 1,585,829.00 731,943.02 0.00 731,943.02 0.00 0.00 Totals 1,056,472,829.0 110,086,500.39 0.00 110,086,500.3 0.00 0.00 (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 Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution I-A 48,988,146.21 0.00 0.00000000 48,988,146.21 I-A-IO 0.00 0.00 0.00000000 0.00 II-A 51,050,262.40 0.00 0.00000000 51,050,262.40 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 B-1 5,035,601.49 0.00 0.00000000 5,035,601.49 B-2 2,014,431.27 0.00 0.00000000 2,014,431.27 B-3 1,007,215.63 0.00 0.00000000 1,007,215.63 B-4 755,530.89 0.00 0.00000000 755,530.89 B-5 503,369.48 0.00 0.00000000 503,369.48 B-6 731,943.02 0.00 0.00000000 731,943.02 Totals 110,086,500.39 0.00 0.00000000 110,086,500.39
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 593,234,900.00 82.57799096 0.00000000 82.57799096 0.00000000 I-A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A 442,108,000.00 115.47011680 0.00000000 115.47011680 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 10,564,000.00 476.67564275 0.00000000 476.67564275 0.00000000 B-2 4,226,000.00 476.67564363 0.00000000 476.67564363 0.00000000 B-3 2,113,000.00 476.67564127 0.00000000 476.67564127 0.00000000 B-4 1,585,000.00 476.67564038 0.00000000 476.67564038 0.00000000 B-5 1,056,000.00 476.67564394 0.00000000 476.67564394 0.00000000 B-6 1,585,829.00 461.55229851 0.00000000 461.55229851 0.00000000 All denominations are Per $1000.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A 0.00000000 82.57799096 0.00000000 0.00000000 82.57799096 I-A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A 0.00000000 115.47011680 0.00000000 0.00000000 115.47011680 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 476.67564275 0.00000000 0.00000000 476.67564275 B-2 0.00000000 476.67564363 0.00000000 0.00000000 476.67564363 B-3 0.00000000 476.67564127 0.00000000 0.00000000 476.67564127 B-4 0.00000000 476.67564038 0.00000000 0.00000000 476.67564038 B-5 0.00000000 476.67564394 0.00000000 0.00000000 476.67564394 B-6 0.00000000 461.55229851 0.00000000 0.00000000 461.55229851 (3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall I-A 593,234,900.00 7.46167% 48,988,146.21 304,611.12 0.00 0.00 I-A-IO 0.00 0.20173% 48,988,146.21 8,235.32 0.00 0.00 II-A 442,108,000.00 7.49327% 51,050,262.40 318,777.65 0.00 0.00 R-I 50.00 0.00000% 0.00 0.00 0.00 0.00 R-II 50.00 0.00000% 0.00 0.00 0.00 0.00 B-1 10,564,000.00 7.59004% 5,035,601.49 31,850.36 0.00 0.00 B-2 4,226,000.00 7.59004% 2,014,431.27 12,741.35 0.00 0.00 B-3 2,113,000.00 7.59004% 1,007,215.63 6,370.68 0.00 0.00 B-4 1,585,000.00 7.59004% 755,530.89 4,778.76 0.00 0.00 B-5 1,056,000.00 7.59004% 503,369.48 3,183.83 0.00 0.00 B-6 1,585,829.00 7.59004% 731,943.02 4,629.57 0.00 0.00 Totals 1,056,472,829.0 695,178.64 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance I-A 0.00 0.00 304,611.12 0.00 0.00 I-A-IO 0.00 0.00 8,235.32 0.00 0.00 II-A 0.00 0.00 318,777.65 0.00 0.00 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 31,850.36 0.00 0.00 B-2 0.00 0.00 12,741.35 0.00 0.00 B-3 0.00 0.00 6,370.68 0.00 0.00 B-4 0.00 0.00 4,778.76 0.00 0.00 B-5 0.00 0.00 3,183.83 0.00 0.00 B-6 0.00 0.00 4,629.57 0.00 0.00 Totals 0.00 0.00 695,178.64 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall I-A 593,234,900.00 7.46167% 82.57799096 0.51347471 0.00000000 0.00000000 I-A-IO 0.00 0.20173% 82.57799096 0.01388206 0.00000000 0.00000000 II-A 442,108,000.00 7.49327% 115.47011680 0.72104022 0.00000000 0.00000000 R-I 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 10,564,000.00 7.59004% 476.67564275 3.01499053 0.00000000 0.00000000 B-2 4,226,000.00 7.59004% 476.67564363 3.01499053 0.00000000 0.00000000 B-3 2,113,000.00 7.59004% 476.67564127 3.01499290 0.00000000 0.00000000 B-4 1,585,000.00 7.59004% 476.67564038 3.01499054 0.00000000 0.00000000 B-5 1,056,000.00 7.59004% 476.67564394 3.01499053 0.00000000 0.00000000 B-6 1,585,829.00 7.59004% 461.55229851 2.91933746 0.00000000 0.00000000 All denominations are Per $1000.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance I-A 0.00000000 0.00000000 0.51347471 0.00000000 0.00000000 I-A-IO 0.00000000 0.00000000 0.01388206 0.00000000 0.00000000 II-A 0.00000000 0.00000000 0.72104022 0.00000000 0.00000000 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 3.01499053 0.00000000 0.00000000 B-2 0.00000000 0.00000000 3.01499053 0.00000000 0.00000000 B-3 0.00000000 0.00000000 3.01499290 0.00000000 0.00000000 B-4 0.00000000 0.00000000 3.01499054 0.00000000 0.00000000 B-5 0.00000000 0.00000000 3.01499053 0.00000000 0.00000000 B-6 0.00000000 0.00000000 2.91933746 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankrupcy,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 110,817,298.74 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 110,817,298.74 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 35,619.71 Payment of Interest and Principal 110,781,679.03 Total Withdrawals (Pool Distribution Amount) 110,817,298.74 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 22,934.69 MGIC 12,685.02 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 35,619.71
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00
Class 2A 21,129,929.00 2.00004472% 0.00 0.00000000% 0.000000% 0.000000% Class R-I 21,129,879.00 2.00003998% 0.00 0.00000000% 0.000000% 0.000000% Class R-II 21,129,829.00 2.00003525% 0.00 0.00000000% 0.000000% 0.000000% Class B-1 10,565,829.00 1.00010419% 0.00 0.00000000% 0.000000% 0.000000% Class B-2 6,339,829.00 0.60009390% 0.00 0.00000000% 0.000000% 0.000000% Class B-3 4,226,829.00 0.40008876% 0.00 0.00000000% 0.000000% 0.000000% Class B-4 2,641,829.00 0.25006123% 0.00 0.00000000% 0.000000% 0.000000% Class B-5 1,585,829.00 0.15010599% 0.00 0.00000000% 0.000000% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 7.966081% Weighted Average Net Coupon 7.716081% Weighted Average Pass-Through Rate 7.577808% Weighted Average Maturity(Stepdown Calculation ) 0 Beginning Scheduled Collateral Loan Count 289 Number Of Loans Paid In Full 289 Ending Scheduled Collateral Loan Count 0 Beginning Scheduled Collateral Balance 110,086,500.38 Ending Scheduled Collateral Balance 0.00 Ending Actual Collateral Balance at 31-Oct-2002 0.00 Monthly P &I Constant 730,798.33 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 26,872.78 Ending Scheduled Balance for Premium Loans 0.00 Scheduled Principal 0.00 Unscheduled Principal 110,086,500.38
Group Level Collateral Statement Group Group 1 Group 2 Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 8.058292 7.875001 7.966081 Weighted Average Net Rate 7.808292 7.625000 7.716081 Weighted Average Maturity 330 330 0 Beginning Loan Count 148 141 289 Loans Paid In Full 148 141 289 Ending Loan Count 0 0 0 Beginning Scheduled Balance 54,703,833.20 55,382,667.18 110,086,500.38 Ending scheduled Balance 0.00 0.00 0.00 Record Date 10/31/2002 10/31/2002 10/31/2002 Principal And Interest Constant 367,349.55 363,448.78 730,798.33 Scheduled Principal 0.00 0.00 0.00 Unscheduled Principal 54,703,833.20 55,382,667.18 110,086,500.38 Scheduled Interest 367,349.55 363,448.78 730,798.33 Servicing Fees 11,396.63 11,538.06 22,934.69 Master Servicing Fees 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 6,605.16 6,079.86 12,685.02 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 349,347.76 345,830.86 695,178.62 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 26,872.78 0.00 26,872.78 Percentage of Cumulative Losses 26,872.78 0.00 26,872.78 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 7.663399 7.493266 7.577808
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