-----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, Ngi9cBm+PG0ajNYC/ar7Z7cwxwh+muSkKnymgDRrsLy5rCphWMuF4pnTtIcYt729 uJnzwarppLqmC5EmuHcR0A== 0001056404-03-001808.txt : 20031006 0001056404-03-001808.hdr.sgml : 20031006 20031006145148 ACCESSION NUMBER: 0001056404-03-001808 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030925 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031006 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STRUCTURED ASSET MORTGAGE INV INC MOR PAS-THR CER SER 2001-3 CENTRAL INDEX KEY: 0001137226 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-44658-28 FILM NUMBER: 03929601 BUSINESS ADDRESS: STREET 1: 9062 OLD ANNAPOLIS ROAD CITY: COLUMBIA STATE: MD ZIP: 21045 8-K 1 sam01003_sept.txt SEPTEMBER 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): September 25, 2003 STRUCTURED ASSET MORTGAGE INVESTMENTS INC. Mortgage Pass-Through Certificates, Series 2001-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 033-44658-28 52-2267484 Pooling and Servicing Agreement) (Commission 52-2267485 (State or other File Number) IRS EIN jurisdiction 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 September 25, 2003 a distribution was made to holders of STRUCTURED ASSET MORTGAGE INVESTMENTS INC., Mortgage Pass-Through Certificates, Series 2001-3 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 2001-3 Trust, relating to the September 25, 2003 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. STRUCTURED ASSET MORTGAGE INVESTMENTS INC. Mortgage Pass-Through Certificates, Series 2001-3 Trust By: Wells Fargo Bank Minnesota, N.A., as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 10/4/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-3 Trust, relating to the September 25, 2003 distribution. EX-99.1
Structured Asset Mortgage Investments Inc. Mortgage Pass-Through Certificates Record Date: 8/31/03 Distribution Date: 9/25/03 SAM Series: 2001-3 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 A-1 86358HLR8 SEN 7.75000% 8,662,181.22 55,943.25 1,109,396.72 A-2 86358HLS6 SEN 7.62500% 6,153,709.09 39,101.69 788,127.67 M-1 86358HLT4 SUB 7.07000% 3,422,000.00 20,161.28 0.00 M-2 86358HLU1 SUB 7.52000% 2,994,000.00 18,762.40 0.00 B 86358HLV9 SUB 8.06000% 3,422,000.00 22,984.43 0.00 C 86358HLW7 OC 0.00000% 216,851.34 0.00 0.00 R-1 SAM0101R1 RES 0.00000% 0.00 0.00 0.00 R-2 SAM0101R2 RES 0.00000% 0.00 0.00 0.00 Totals 24,870,741.65 156,953.05 1,897,524.39
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 7,552,784.50 1,165,339.97 0.00 A-2 0.00 5,365,581.43 827,229.36 0.00 M-1 0.00 3,422,000.00 20,161.28 0.00 M-2 0.00 2,994,000.00 18,762.40 0.00 B 0.00 3,422,000.00 22,984.43 0.00 C 0.00 268,991.72 0.00 102,650.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 Totals 0.00 23,025,357.65 2,054,477.44 102,650.00 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 Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 94,275,000.00 8,662,181.22 0.00 1,109,396.72 0.00 0.00 A-2 66,974,000.00 6,153,709.09 0.00 788,127.67 0.00 0.00 M-1 3,422,000.00 3,422,000.00 0.00 0.00 0.00 0.00 M-2 2,994,000.00 2,994,000.00 0.00 0.00 0.00 0.00 B 3,422,000.00 3,422,000.00 0.00 0.00 0.00 0.00 C 584.87 216,851.34 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 0.00 Totals 171,087,584.87 24,870,741.65 0.00 1,897,524.39 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 A-1 1,109,396.72 7,552,784.50 0.08011439 1,109,396.72 A-2 788,127.67 5,365,581.43 0.08011439 788,127.67 M-1 0.00 3,422,000.00 1.00000000 0.00 M-2 0.00 2,994,000.00 1.00000000 0.00 B 0.00 3,422,000.00 1.00000000 0.00 C 0.00 268,991.72 459.91710979 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 Totals 1,897,524.39 23,025,357.65 0.13458228 1,897,524.39
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 94,275,000.00 91.88206014 0.00000000 11.76766608 0.00000000 A-2 66,974,000.00 91.88206005 0.00000000 11.76766611 0.00000000 M-1 3,422,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 2,994,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 3,422,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 584.87 370768.44426967 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per $1000 denomination
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 11.76766608 80.11439406 0.08011439 11.76766608 A-2 0.00000000 11.76766611 80.11439409 0.08011439 11.76766611 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 459,917.10978508 459.91710979 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 A-1 94,275,000.00 7.75000% 8,662,181.22 55,943.25 0.00 0.00 A-2 66,974,000.00 7.62500% 6,153,709.09 39,101.69 0.00 0.00 M-1 3,422,000.00 7.07000% 3,422,000.00 20,161.28 0.00 0.00 M-2 2,994,000.00 7.52000% 2,994,000.00 18,762.40 0.00 0.00 B 3,422,000.00 8.06000% 3,422,000.00 22,984.43 0.00 0.00 C 584.87 0.00000% 216,851.34 0.00 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 R-2 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 171,087,584.87 156,953.05 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 A-1 0.00 0.00 55,943.25 0.00 7,552,784.50 A-2 0.00 0.00 39,101.69 0.00 5,365,581.43 M-1 0.00 0.00 20,161.28 0.00 3,422,000.00 M-2 0.00 0.00 18,762.40 0.00 2,994,000.00 B 0.00 0.00 22,984.43 0.00 3,422,000.00 C 0.00 0.00 0.00 0.00 268,991.72 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 156,953.05 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 A-1 94,275,000.00 7.75000% 91.88206014 0.59340493 0.00000000 0.00000000 A-2 66,974,000.00 7.62500% 91.88206005 0.58383388 0.00000000 0.00000000 M-1 3,422,000.00 7.07000% 1000.00000000 5.89166569 0.00000000 0.00000000 M-2 2,994,000.00 7.52000% 1000.00000000 6.26666667 0.00000000 0.00000000 B 3,422,000.00 8.06000% 1000.00000000 6.71666569 0.00000000 0.00000000 C 584.87 0.00000% 370768.44426967 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All classes are per $1000 denomination
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1 0.00000000 0.00000000 0.59340493 0.00000000 80.11439406 A-2 0.00000000 0.00000000 0.58383388 0.00000000 80.11439409 M-1 0.00000000 0.00000000 5.89166569 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 6.26666667 0.00000000 1000.00000000 B 0.00000000 0.00000000 6.71666569 0.00000000 1000.00000000 C 0.00000000 0.00000000 0.00000000 0.00000000 459917.10978508 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 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 2,038,427.42 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 79,999.49 Realized Loss (Gains, Subsequent Expenses & Recoveries) 25,487.69 Prepayment Penalties 0.00 Total Deposits 2,143,914.60 Withdrawals Reimbursement for Servicer Advances 78,836.02 Payment of Service Fee 10,601.14 Payment of Interest and Principal 2,054,477.44 Total Withdrawals (Pool Distribution Amount) 2,143,914.60 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 10,362.80 Special Servicing Fee 0.00 Trustee Fee 238.34 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 10,601.14
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 2 0 0 2 483,212.78 0.00 0.00 483,212.78 30 Days 12 0 0 0 12 2,993,436.63 0.00 0.00 0.00 2,993,436.63 60 Days 5 0 0 0 5 1,028,099.31 0.00 0.00 0.00 1,028,099.31 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 1 1 0 2 0.00 289,444.37 503,735.98 0.00 793,180.35 150 Days 0 0 1 0 1 0.00 0.00 413,486.82 0.00 413,486.82 180+ Days 0 2 7 8 17 0.00 874,379.22 1,464,246.06 1,952,857.56 4,291,482.84 Totals 17 5 9 8 39 4,021,535.94 1,647,036.37 2,381,468.86 1,952,857.56 10,002,898.73 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 2.000000% 0.000000% 0.000000% 2.000000% 2.098611% 0.000000% 0.000000% 2.098611% 30 Days 12.000000% 0.000000% 0.000000% 0.000000% 12.000000% 13.000609% 0.000000% 0.000000% 0.000000% 13.000609% 60 Days 5.000000% 0.000000% 0.000000% 0.000000% 5.000000% 4.465074% 0.000000% 0.000000% 0.000000% 4.465074% 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% 1.000000% 1.000000% 0.000000% 2.000000% 0.000000% 1.257068% 2.187744% 0.000000% 3.444812% 150 Days 0.000000% 0.000000% 1.000000% 0.000000% 1.000000% 0.000000% 0.000000% 1.795789% 0.000000% 1.795789% 180+ Days 0.000000% 2.000000% 7.000000% 8.000000% 17.000000% 0.000000% 3.797462% 6.359276% 8.481334% 18.638072% Totals 17.000000% 5.000000% 9.000000% 8.000000% 39.000000% 17.465683% 7.153141% 10.342809% 8.481334% 43.442968%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 79,999.49
COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 9.370380% Weighted Average Net Coupon 8.870381% Weighted Average Pass-Through Rate 8.858880% Weighted Average Maturity(Stepdown Calculation ) 288 Beginning Scheduled Collateral Loan Count 106 Number Of Loans Paid In Full 6 Ending Scheduled Collateral Loan Count 100 Beginning Scheduled Collateral Balance 24,870,741.65 Ending Scheduled Collateral Balance 23,025,357.65 Ending Actual Collateral Balance at 31-Aug-2003 23,025,357.65 Monthly P &I Constant 212,958.24 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount (25,487.69) Cumulative Realized Loss 1,341,167.20 Ending Scheduled Balance for Premium Loans 23,025,357.65 Scheduled Principal 18,751.32 Unscheduled Principal 1,826,632.68 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 26,652.70 Overcollateralized reduction Amount 0.00 Specified O/C Amount 855,437.92 Overcollateralized Amount 268,991.72 Overcollateralized Deficiency Amount 586,446.20 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 26,652.70
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