-----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, RHmJTdQ1d0gzamYmDX5VlABX7HHXKguO8+XxHouRXqcScizy4LraOdkinZmVRugz 0OT/i4AYxqlDRw3rj+ZooA== 0001056404-03-001034.txt : 20030627 0001056404-03-001034.hdr.sgml : 20030627 20030627090626 ACCESSION NUMBER: 0001056404-03-001034 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030625 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST UNION COM MOR SEC INC COM MOR PASS THR CER SER 2001-C1 CENTRAL INDEX KEY: 0001137329 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 561643598 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-53266-01 FILM NUMBER: 03759596 BUSINESS ADDRESS: STREET 1: WELLS FARGO BANK MINNESOTA STREET 2: 11000 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 BUSINESS PHONE: 4108842000 MAIL ADDRESS: STREET 1: ONE FIRST UNION CENTER CITY: CHARLOTTE STATE: NC ZIP: 28228 8-K 1 fba01c1.txt JUNE 8-K 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 : June 17, 2003 (Date of earliest event reported) Commission File No.: 333-53266-01 First Union Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates, Series 2001-C1 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 52-2289281 52-2289282 52-7137420 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On June 17, 2003 a distribution was made to holders of First Union Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates,Series 2001-C1. ITEM 7. Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2001-C1, relating to the June 17, 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. First Union Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates, Series 2001-C1 By: Wells Fargo Bank Minnesota, N.A., as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: June 17, 2003 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2001-C1, relating to the June 17, 2003 distribution. EX-99.1 Wells Fargo Bank MN, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 First Union National Bank - Bank of America, N.A Commercial Mortgage Pass-Through Certificates Series 2001-C1 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: 06/17/2003 Record Date: 05/30/2003 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 16 Principal Prepayment Detail 17 Historical Detail 18 Delinquency Loan Detail 19 Specially Serviced Loan Detail 20 - 21 Modified Loan Detail 22 Liquidated Loan Detail 23 Underwriter First Union Securities, Inc 201 South College Street Charlotte, NC 28288 Contact: William J. Cohane Phone Number (704) 383-4984 Underwriter Banc of America Securities LLC 100 North Tryon Street Charlotte, NC 28255 Contact: David Gertner Phone Number (704) 388-3621 Master Servicer First Union National Bank Charlotte Plaza, Floor 23 NC-1075 201 South College Street Charlotte, NC 28288 Contact: Timothy S. Ryan Phone Number (704) 593-7878 Special Servicer First Union National Bank Charlotte Plaza, Floor 23 NC-1075 201 South College Street Charlotte, NC 28288 Contact: Timothy S. Ryan Phone Number (704) 593-7878 This report has been compiled from information provided to Wells Fargo Bank MN, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank MN, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank MN, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2003, Wells Fargo Bank Minnesota, N.A.
Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Rate Balance Balance Distribution A-1 337368AA2 5.711000% 167,224,000.00 145,128,709.59 772,449.31 A-2 337368AB0 6.136000% 793,233,000.00 793,233,000.00 0.00 A-2F 337368AW4 1.750000% 60,000,000.00 60,000,000.00 0.00 B 337368AC8 6.315000% 52,331,000.00 52,331,000.00 0.00 C 337368AD6 6.403000% 26,166,000.00 26,166,000.00 0.00 D 337368AE4 6.484000% 26,165,000.00 26,165,000.00 0.00 E 337368AF1 6.624000% 16,354,000.00 16,354,000.00 0.00 F 337368AG9 6.838000% 13,082,000.00 13,082,000.00 0.00 G 337368AH7 6.936000% 26,166,000.00 26,166,000.00 0.00 H 337368AJ3 7.039000% 16,354,000.00 16,354,000.00 0.00 J 337368AK0 6.000000% 19,624,000.00 19,624,000.00 0.00 K 337368AL8 6.000000% 16,353,000.00 16,353,000.00 0.00 L 337368AM6 6.000000% 13,083,000.00 13,083,000.00 0.00 M 337368AN4 6.000000% 6,541,000.00 6,541,000.00 0.00 N 337368AP9 6.000000% 9,812,000.00 9,812,000.00 0.00 O 337368AQ7 6.000000% 13,083,000.00 13,083,000.00 0.00 P 337368AR5 6.000000% 6,542,000.00 6,542,000.00 0.00 Q 337368AS3 6.000000% 26,165,728.54 25,888,633.66 0.00 R-I N/A 0.000000% 0.00 0.00 0.00 R-II N/A 0.000000% 0.00 0.00 0.00 Totals 1,308,278,728.54 1,285,906,343.25 772,449.31
Class CUSIP Interest Prepayment Realized Loss/ Total Ending Balance Current Distribution Penalties Additional Trust Distribution Subordination Fund Expenses Level (1) A-1 337368AA2 690,691.72 0.00 0.00 1,463,141.03 144,356,260.28 22.37% A-2 337368AB0 4,056,064.74 0.00 0.00 4,056,064.74 793,233,000.00 22.37% A-2F 337368AW4 90,416.67 0.00 0.00 90,416.67 60,000,000.00 22.37% B 337368AC8 275,391.89 0.00 0.00 275,391.89 52,331,000.00 18.30% C 337368AD6 139,617.42 0.00 0.00 139,617.42 26,166,000.00 16.27% D 337368AE4 141,378.22 0.00 0.00 141,378.22 26,165,000.00 14.23% E 337368AF1 90,274.08 0.00 0.00 90,274.08 16,354,000.00 12.96% F 337368AG9 74,545.60 0.00 0.00 74,545.60 13,082,000.00 11.94% G 337368AH7 151,239.48 0.00 0.00 151,239.48 26,166,000.00 9.90% H 337368AJ3 95,929.84 0.00 0.00 95,929.84 16,354,000.00 8.63% J 337368AK0 98,120.00 0.00 0.00 98,120.00 19,624,000.00 7.10% K 337368AL8 81,765.00 0.00 0.00 81,765.00 16,353,000.00 5.83% L 337368AM6 65,415.00 0.00 0.00 65,415.00 13,083,000.00 4.81% M 337368AN4 32,705.00 0.00 0.00 32,705.00 6,541,000.00 4.31% N 337368AP9 49,060.00 0.00 0.00 49,060.00 9,812,000.00 3.54% O 337368AQ7 65,415.00 0.00 0.00 65,415.00 13,083,000.00 2.52% P 337368AR5 32,710.00 0.00 0.00 32,710.00 6,542,000.00 2.01% Q 337368AS3 116,742.13 0.00 0.00 116,742.13 25,888,633.66 0.00% R-I N/A 0.00 0.00 0.00 0.00 0.00 0.00% R-II N/A 0.00 0.00 0.00 0.00 0.00 0.00% Totals 6,347,481.79 0.00 0.00 7,119,931.10 1,285,133,893.94
Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount IO-I 337368AT1 0.909524% 392,483,618.56 385,771,902.97 IO-II 337368AU8 2.000987% 216,976,777.50 216,976,777.50 IO-III 337368AV6 2.034976% 915,795,109.98 900,134,440.28
Ending Interest Prepayment Total Notional Class CUSIP Distribution Penalties Distribution Amount IO-I 337368AT1 292,390.67 0.00 292,390.67 385,540,168.18 IO-II 337368AU8 361,806.41 0.00 361,806.41 216,976,777.50 IO-III 337368AV6 1,526,459.85 0.00 1,526,459.85 899,593,725.76 (1) Calculated by taking (A) the sum of the ending certificate balance of all classes less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the balance of all classes which are not subordinate to the designated class and dividing the result by (A).
Certificate Factor Detail Beginning Principal Interest Prepayment Realized Loss/ Ending Class CUSIP Balance Distribution Distribution Penalties Additional Trust Balance Fund Expenses A-1 337368AA2 867.87009993 4.61924909 4.13033847 0.00000000 0.00000000 863.25085083 A-2 337368AB0 1,000.00000000 0.00000000 5.11333333 0.00000000 0.00000000 1,000.00000000 A-2F 337368AW4 1,000.00000000 0.00000000 1.50694450 0.00000000 0.00000000 1,000.00000000 B 337368AC8 1,000.00000000 0.00000000 5.26250005 0.00000000 0.00000000 1,000.00000000 C 337368AD6 1,000.00000000 0.00000000 5.33583352 0.00000000 0.00000000 1,000.00000000 D 337368AE4 1,000.00000000 0.00000000 5.40333346 0.00000000 0.00000000 1,000.00000000 E 337368AF1 1,000.00000000 0.00000000 5.52000000 0.00000000 0.00000000 1,000.00000000 F 337368AG9 1,000.00000000 0.00000000 5.69833359 0.00000000 0.00000000 1,000.00000000 G 337368AH7 1,000.00000000 0.00000000 5.78000000 0.00000000 0.00000000 1,000.00000000 H 337368AJ3 1,000.00000000 0.00000000 5.86583344 0.00000000 0.00000000 1,000.00000000 J 337368AK0 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 K 337368AL8 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 L 337368AM6 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 M 337368AN4 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 N 337368AP9 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 O 337368AQ7 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 P 337368AR5 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 Q 337368AS3 989.41000708 0.00000000 4.46164263 0.00000000 0.00000000 989.41000708 R-I N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
Beginnning Ending Notional Interest Prepayment Notional Class CUSIP Amount Distribution Penalties Amount IO-I 337368AT1 982.89937395 0.74497547 0.00000000 982.30894220 IO-II 337368AU8 1,000.00000000 1.66748909 0.00000000 1,000.00000000 IO-III 337368AV6 982.89937397 1.66681372 0.00000000 982.30894220
Reconciliation Detail Advance Summary P & I Advances Outstanding 843,595.39 Servicing Advances Outstanding 73,824.29 Reimbursement for Interest on Advances 0.00 paid from general collections Aggregate amount of Nonrecoverable Advances 0.00 Current 1 Month LIBOR 1.32000%
Servicing Fee Breakdowns Current Period Accrued Servicing Fees 86,937.34 Less Delinquent Servicing Fees 1,725.37 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 1,264.48 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 86,476.45
Certificate Interest Reconciliation Class Accrued Net Aggregate Distributable Distributable Additional Interest Remaining Unpaid Certificate Prepayment Certificate Certificate Trust Distribution Distributable Interest Interest Shortfall Interest Interest Fund Certificate Adjustment Expenses Interest A-1 690,691.72 0.00 690,691.72 0.00 0.00 690,691.72 0.00 A-2 4,056,064.74 0.00 4,056,064.74 0.00 0.00 4,056,064.74 0.00 A-2F 90,416.67 0.00 90,416.67 0.00 0.00 90,416.67 0.00 IO-I 292,390.67 0.00 292,390.67 0.00 0.00 292,390.67 0.00 IO-II 361,806.41 0.00 361,806.41 0.00 0.00 361,806.41 0.00 IO-III 1,526,459.85 0.00 1,526,459.85 0.00 0.00 1,526,459.85 0.00 B 275,391.89 0.00 275,391.89 0.00 0.00 275,391.89 0.00 C 139,617.42 0.00 139,617.42 0.00 0.00 139,617.42 0.00 D 141,378.22 0.00 141,378.22 0.00 0.00 141,378.22 0.00 E 90,274.08 0.00 90,274.08 0.00 0.00 90,274.08 0.00 F 74,545.60 0.00 74,545.60 0.00 0.00 74,545.60 0.00 G 151,239.48 0.00 151,239.48 0.00 0.00 151,239.48 0.00 H 95,929.84 0.00 95,929.84 0.00 0.00 95,929.84 0.00 J 98,120.00 0.00 98,120.00 0.00 0.00 98,120.00 0.00 K 81,765.00 0.00 81,765.00 0.00 0.00 81,765.00 0.00 L 65,415.00 0.00 65,415.00 0.00 0.00 65,415.00 0.00 M 32,705.00 0.00 32,705.00 0.00 0.00 32,705.00 0.00 N 49,060.00 0.00 49,060.00 0.00 0.00 49,060.00 0.00 O 65,415.00 0.00 65,415.00 0.00 0.00 65,415.00 0.00 P 32,710.00 0.00 32,710.00 0.00 0.00 32,710.00 0.00 Q 129,443.17 0.00 129,443.17 0.00 12,701.04 116,742.13 110,953.93 Total 8,540,839.76 0.00 8,540,839.76 0.00 12,701.04 8,528,138.72 110,953.93
Other Required Information Available Distribution Amount (1) 9,300,588.03 Net Payments Made to Swap Counterparty 216,383.33 Net Payments Received by Swap Counterparty 0.00 Aggregate Number of Outstanding Loans 181 Aggregate Unpaid Principal Balance of Loans 1,285,224,070.83 Aggregate Stated Principal Balance of Loans 1,285,133,893.94 Aggregate Amount of Servicing Fee 86,476.45 Aggregate Amount of Special Servicing Fee 1,774.92 Aggregate Amount of Trustee Fee 2,357.50 Aggregate Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Interest Reserve Withdrawal 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 0 Aggregate Unpaid Principal Balance 0.00 4.02 (a) (xxxii), (xxxiii), (xxxiv) The Swap Contract is in effect and there was no Rating Agency Trigger Event or Swap Default during the current period. (1) The Available Distribution Amount includes any Prepayment Premiums .
Appraisal Reduction Amount Appraisal Cumulative Current Date Appraisal Loan Reduction ASER ASER Reduction Number Amount Amount Amount Effected 265950393 752,867.10 46,190.83 5,788.29 11/12/2002 265950392 668,263.67 41,000.15 5,137.83 11/12/2002 Total 1,421,130.77 87,190.98 10,926.12
Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 8,846,517.95 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments 0.00 Deferred Interest 0.00 Net Prepayment Interest Shortfall 0.00 Net Prepayment Interest Excess 0.00 Extension Interest 0.00 Interest Reserve Withdrawal 0.00 Total Interest Collected 8,846,517.95 Principal: Scheduled Principal 772,449.31 Unscheduled Principal 0.00 Principal Prepayments 0.00 Collection of Principal after Maturity Date 0.00 Recoveries from Liquidation and Insurance Proceeds 0.00 Excess of Prior Principal Amounts paid 0.00 Curtailments 0.00 Negative Amortization 0.00 Principal Adjustments 0.00 Total Principal Collected 772,449.31 Other: Prepayment Penalties/Yield Maintenance 0.00 Repayment Fees 0.00 Borrower Option Extension Fees 0.00 Equity Payments Received 0.00 Net Swap Counterparty Payments Received 0.00 Total Other Collected: 0.00 Total Funds Collected 9,618,967.26 Total Funds Distributed Fees: Master Servicing Fee 86,937.34 Trustee Fee 2,357.50 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 89,294.83 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount 10,926.12 Special Servicing Fee 1,774.92 Rating Agency Expenses 0.00 Attorney Fees & Expenses 0.00 Bankruptcy Expense 0.00 Taxes Imposed on Trust Fund 0.00 Non-Recoverable Advances 0.00 Other Expenses 0.00 Total Additional Trust Fund Expenses 12,701.04 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 8,528,138.72 Principal Distribution 772,449.31 Prepayment Penalties/Yield Maintenance 0.00 Borrower Option Extension Fees 0.00 Equity Payments Paid 0.00 Net Swap Counterparty Payments Paid 216,383.33 Total Payments to Certificateholders & Others 9,516,971.36 Total Funds Distributed 9,618,967.23
Ratings Detail Original Ratings Current Ratings Class CUSIP Fitch Moody's S&P Fitch Moody's S&P A-1 337368AA2 AAA Aaa X AAA Aaa X A-2 337368AB0 AAA Aaa X AAA Aaa X A-2F 337368AW4 AAA Aaa X AAA Aaa X IO-I 337368AT1 AAA Aaa X AAA Aaa X IO-II 337368AU8 AAA Aaa X AAA Aaa X IO-III 337368AV6 AAA Aaa X AAA Aaa X B 337368AC8 AA Aa2 X AA Aa2 X C 337368AD6 A+ A1 X A+ A1 X D 337368AE4 A A2 X A A2 X E 337368AF1 A- A3 X A- A3 X F 337368AG9 BBB+ Baa1 X BBB+ Baa1 X G 337368AH7 BBB Baa2 X BBB Baa2 X H 337368AJ3 BBB- Baa3 X BBB- Baa3 X J 337368AK0 BB+ Ba1 X BB+ Ba1 X K 337368AL8 BB+ NR X BB+ NR X L 337368AM6 BB Ba2 X BB Ba2 X M 337368AN4 BB- Ba3 X BB- Ba3 X N 337368AP9 B+ B1 X B+ B1 X O 337368AQ7 B B2 X B B2 X P 337368AR5 B- B3 X B- B3 X Q 337368AS3 NR NR X NR NR X NR - Designates that the class was not rated by the above agency at the time of original issuance. X - Designates that the above rating agency did not rate any classes in this transaction at the time of original issuance. N/A - Data not available this period. 1) For any class not rated at the time of original issuance by any particular rating agency, no request has been made subsequent to issuance to obtain rating information, if any, from such rating agency. The current ratings were obtained directly from the applicable rating agency within 30 days of the payment date listed above. The ratings may have changed since they were obtained. Because the ratings may have changed, you may want to obtain current ratings directly from the rating agencies. Fitch, Inc. One State Street Plaza New York, New York 10004 (212) 908-0500 Moody's Investors Service 99 Church Street New York, New York 10007 (212) 553-0300 Standard & Poor's Rating Services 55 Water Street New York, New York 10041 (212) 438-2430
Current Mortgage Loan and Property Stratification Tables Scheduled Balance % Of Scheduled # of Scheduled Agg. WAM Weighted Balance Loans Balance Bal. (2) WAC Avg DSCR(1) Below 2,000,000 34 46,154,456.85 3.59 87 8.3057 1.424882 2,000,001 to 4,000,000 49 136,223,143.55 10.60 86 8.1140 1.387903 4,000,001 to 6,000,000 25 124,590,040.24 9.69 88 8.1759 1.400892 6,000,001 to 8,000,000 21 145,352,776.58 11.31 86 7.9606 1.436868 8,000,001 to 10,000,000 16 142,957,243.65 11.12 88 8.0637 1.484990 10,000,001 to 15,000,000 18 224,356,368.55 17.46 89 7.9396 1.452381 15,000,001 to 20,000,000 6 109,351,819.30 8.51 89 7.8670 1.371160 20,000,001 to 25,000,000 6 144,827,051.94 11.27 83 7.7967 1.633454 25,000,001 to 30,000,000 3 77,570,701.04 6.04 87 7.9869 1.835038 30,000,001 to 35,000,000 0 0.00 0.00 0 0.0000 0.000000 35,000,001 to 40,000,000 1 39,671,111.34 3.09 90 7.7500 1.220000 40,000,001 to 45,000,000 0 0.00 0.00 0 0.0000 0.000000 45,000,001 and greater 2 94,079,180.90 7.32 89 7.9963 1.152150 Totals 181 1,285,133,893.94 100.00 87 7.9892 1.448880
State(3) % Of # of Scheduled Agg. WAM Weighted State Props Balance Bal. (2) WAC Avg DSCR(1) Alabama 1 1,577,780.69 0.12 90 7.8200 1.620000 Arizona 6 36,611,207.91 2.85 87 8.0942 1.422619 California 35 292,794,861.53 22.78 88 7.9747 1.370634 Connecticut 2 8,630,414.45 0.67 86 8.2251 1.591163 Delaware 1 11,693,322.00 0.91 88 8.3270 1.200000 Florida 20 112,423,536.04 8.75 85 7.8429 1.421347 Georgia 7 42,513,067.27 3.31 89 8.0711 1.241413 Hawaii 1 8,217,609.58 0.64 90 7.9800 1.540000 Idaho 2 5,889,635.14 0.46 88 8.0287 1.215332 Illinois 7 41,512,016.41 3.23 83 8.5197 1.475492 Iowa 2 5,441,260.76 0.42 91 8.0073 1.563640 Kentucky 2 29,082,988.10 2.26 84 8.1257 1.507216 Louisiana 5 24,451,011.81 1.90 79 7.9507 1.233645 Maryland 5 29,695,175.57 2.31 87 8.0499 1.557052 Michigan 6 25,789,915.45 2.01 89 8.0898 1.583439 Minnesota 1 4,738,554.43 0.37 89 8.0400 1.060000 Missouri 3 16,860,721.32 1.31 87 8.0673 1.667769 Montana 1 864,820.93 0.07 89 8.6250 1.440000 Nevada 7 49,639,403.05 3.86 86 8.1231 1.151415 New Hampshire 1 8,329,837.73 0.65 88 8.1300 1.040000 New Jersey 13 75,070,321.22 5.84 88 8.2227 1.447068 New Mexico 1 2,871,054.46 0.22 80 8.4700 1.220000 New York 6 28,596,659.45 2.23 86 8.0806 1.409424 North Carolina 11 109,242,830.54 8.50 90 7.7388 1.473779 Ohio 2 5,567,577.57 0.43 88 8.0418 1.688562 Oklahoma 2 8,982,635.38 0.70 85 8.6494 1.861914 Pennsylvania 3 34,755,752.68 2.70 89 8.1505 1.340136 South Carolina 6 13,459,876.00 1.05 88 8.0789 1.309846 Tennessee 4 18,333,995.72 1.43 88 7.5513 2.026897 Texas 9 83,608,926.78 6.51 83 7.9479 1.463544 Virginia 12 125,406,349.71 9.76 90 7.7635 1.710298 Washington 3 22,480,774.25 1.75 88 8.0157 1.649613 Totals 187 1,285,133,893.94 100.00 87 7.9892 1.448880
Debt Service Coverage Ratio(1) Debt Service # of Scheduled % of Weighted Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 1.19 or less 37 299,432,798.10 23.30 88 8.0624 0.985071 1.20 to 1.24 20 119,416,229.99 9.29 88 8.0379 1.221399 1.25 to 1.29 13 55,979,380.46 4.36 87 8.2077 1.269277 1.30 to 1.34 12 54,982,928.36 4.28 88 8.0331 1.319516 1.35 to 1.39 9 43,900,795.54 3.42 90 7.9176 1.363973 1.40 to 1.44 10 46,054,564.13 3.58 90 7.9210 1.418544 1.45 to 1.49 12 97,490,454.34 7.59 86 8.1191 1.457786 1.50 to 1.54 8 74,432,239.57 5.79 83 7.8354 1.529044 1.55 to 1.59 1 48,983,480.93 3.81 88 8.0665 1.550000 1.60 to 1.64 11 77,916,510.75 6.06 87 8.0765 1.610461 1.65 to 1.69 6 18,861,935.50 1.47 89 8.1739 1.682423 1.70 to 1.74 8 87,452,136.70 6.80 88 7.9091 1.734053 1.75 to 1.79 9 61,570,601.05 4.79 80 7.7925 1.758107 1.80 to 1.89 6 63,855,839.66 4.97 89 7.7399 1.851066 1.90 and greater 19 134,803,998.86 10.49 88 7.8678 2.115718 Totals 181 1,285,133,893.94 100.00 87 7.9892 1.448880
Property Type Property # of Scheduled % of Weighted Type Props Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Health Care 1 9,821,253.97 0.76 77 8.8900 2.240000 Industrial 9 60,225,772.16 4.69 90 7.9237 1.425955 Lodging 15 109,384,832.45 8.51 87 8.2495 1.749790 Mixed Use 2 6,378,869.43 0.50 89 8.2500 1.830669 Mobile Home Park 1 864,820.93 0.07 89 8.6250 1.440000 Multi-Family 58 393,240,794.36 30.60 89 7.8956 1.359256 Office 35 376,078,327.27 29.26 88 8.0133 1.396999 Retail 66 329,139,223.37 25.61 85 7.9653 1.488447 Totals 187 1,285,133,893.94 100.00 87 7.9892 1.448880
Note Rate Note # of Scheduled % of Weighted Rate Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 7.499% or less 13 156,201,457.05 12.15 85 7.3217 1.799309 7.500% to 7.749% 9 45,627,668.71 3.55 89 7.6352 1.537284 7.750% to 7.999% 44 409,377,814.18 31.85 88 7.8789 1.353853 8.000% to 8.249% 54 446,729,477.15 34.76 88 8.0923 1.431789 8.250% to 8.499% 39 142,793,759.97 11.11 88 8.3218 1.308021 8.500% to 8.749% 11 32,789,321.17 2.55 83 8.6570 1.482234 8.750% to 8.999% 4 21,619,595.58 1.68 78 8.8718 1.440249 9.000% and greater 7 29,994,800.13 2.33 87 9.0236 1.681321 Totals 181 1,285,133,893.94 100.00 87 7.9892 1.448880
Seasoning # of Scheduled % of Weighted Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 12 months or less 0 0.00 0.00 0 0.0000 0.000000 13 to 24 months 0 0.00 0.00 0 0.0000 0.000000 25 to 36 months 157 1,130,727,911.41 87.99 89 7.9852 1.439759 37 to 48 months 19 131,740,664.31 10.25 77 8.0890 1.543892 49 months and greater 5 22,665,318.22 1.76 67 7.6097 1.351659 Totals 181 1,285,133,893.94 100.00 87 7.9892 1.448880
Anticipated Remaining Term (ARD and Balloon Loans) Anticipated # of Scheduled % of Weighted Remaining Term(2) Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 65 months or less 3 13,426,438.32 1.04 59 7.5067 1.501272 66 to 96 months 178 1,271,707,455.62 98.96 88 7.9943 1.448327 97 to 108 months 0 0.00 0.00 0 0.0000 0.000000 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 181 1,285,133,893.94 100.00 87 7.9892 1.448880
Remaining Amortization Term (ARD and Balloon Loans) Remaining # of Scheduled % of Weighted Amortization Term Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Interest Only 9 91,750,000.00 7.14 91 7.3369 1.931935 180 months or less 1 781,153.21 0.06 87 8.1300 2.160000 181 to 228 months 1 2,827,588.01 0.22 88 8.4200 1.270000 229 to 240 months 1 3,179,876.39 0.25 62 7.5000 1.170000 241 to 252 months 4 19,485,441.83 1.52 68 7.6275 1.381305 253 to 288 months 44 279,274,348.96 21.73 87 8.2466 1.556897 289 to 300 months 0 0.00 0.00 0 0.0000 0.000000 301 to 336 months 121 887,835,485.54 69.09 88 7.9838 1.367409 347 to 348 months 0 0.00 0.00 0 0.0000 0.000000 349 and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 181 1,285,133,893.94 100.00 87 7.9892 1.448880
Age of Most Recent NOI Age of Most # of Scheduled % of Weighted Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 1 year or less 165 1,180,967,997.04 91.89 87 7.9833 1.448952 1 to 2 years 16 104,165,896.90 8.11 86 8.0561 1.448059 2 years or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 181 1,285,133,893.94 100.00 87 7.9892 1.448880 (1) The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. "NAP" means not applicable and relates to the ommission of credit lease loans in the calculation of DSCR. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of the related mortgage loan as disclosed in the offering document.
Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type(1) City State Payment Payment Coupon 600000001 1 OF Arlington VA 340,446.49 28,756.36 8.067% 265950410 2 OF San Francisco CA 307,738.39 27,231.45 7.920% 265950417 3 OF Emeryville CA 264,917.94 25,229.02 7.750% 600000004 4 OF Irving TX 187,468.31 15,195.05 8.160% 600000005 5 LO Various Various 177,705.24 28,493.18 8.000% 255999835 6 LO Charlotte NC 168,827.78 28,998.94 7.790% 600000007 7 OF Louisville KY 175,014.56 14,768.72 8.150% 600000008 8 LO Various Various 169,510.41 27,179.24 8.000% 265330983 9 RT East Caln Township PA 172,197.91 14,294.26 8.090% 600000010 10 RT Sherman TX 152,344.48 20,654.77 7.375% 600000011 11 OF Santa Clara CA 159,069.33 14,697.51 7.860% 600000012 12 RT St. Augustine FL 144,941.56 18,943.56 7.260% 265950323 13 MF Brandon FL 134,758.97 12,205.86 7.890% 265950318 14 MF Las Vegas NV 133,183.47 10,555.47 8.170% 265950396 15 MF Jacksonville FL 125,100.90 9,557.41 7.770% 600000016 16 OF Seattle WA 122,413.41 19,760.37 7.950% 600000017 17 RT Phoenix AZ 122,917.14 10,754.91 8.010% 265950379 18 MF Charlotte NC 102,848.96 0.00 7.350% 265950402 19 RT Jacksonville NC 101,946.47 8,997.32 7.910% 265950389 20 MF Charlottesville VA 94,937.50 0.00 7.350% 600000021 21 MF Las Vegas NV 101,963.28 8,729.46 8.060% 600000022 22 RT Fountain Valley CA 102,509.99 6,924.46 8.660% 265330956 23 OF Sacramento CA 92,878.63 14,990.22 7.980% 265330957 24 OF Morristown NJ 89,331.67 0.00 7.980% 265950371 25 MF Norcross GA 85,619.42 0.00 7.860% 265950373 26 MF Durham NC 86,245.36 0.00 7.930% 265950452 27 IN Greenville NC 82,795.67 7,830.48 7.750% 265950333 28 MF San Diego CA 82,158.92 6,879.78 8.030% 265950325 29 MF Franklin TN 74,916.67 0.00 7.250% 265950364 30 IN Hayward CA 83,167.10 5,470.93 8.070% 600000031 31 MF Newark DE 83,846.64 0.00 8.327% 265950332 32 MF San Diego CA 79,442.92 6,652.35 8.030% 265330997 33 MF Houston TX 78,320.53 6,472.86 8.100% 600000034 34 MF Edgewater Park NJ 77,298.54 0.00 8.327% 265950380 35 MF Virginia Beach VA 66,456.25 0.00 7.350% 265330990 36 MF Shreveport LA 70,605.24 6,220.56 7.970% 355132465 37 RT Clinton MD 61,805.00 7,265.35 7.250% 600000038 38 HC Swansea IL 75,260.08 9,882.81 8.890% 600000039 39 OF Augusta GA 68,305.29 5,318.84 8.250% 265950376 40 MF Richmond VA 60,127.08 0.00 7.350% 265950388 41 MF Richmond VA 60,127.08 0.00 7.350% 265950406 42 RT Bradley IL 65,086.89 5,284.14 8.100% 265950351 43 IN San Jose CA 58,756.14 5,834.03 7.620% 600000044 44 LO Elmhurst IL 67,395.29 8,867.98 8.850% 265330842 45 LO Linthicum MD 67,821.64 7,706.03 9.000% 600000046 46 OF Santa Clara CA 59,145.01 9,663.90 7.890% 600000047 47 RT Ridgefield NJ 61,045.07 9,255.13 8.140% 265950310 48 MF Brooklyn NY 58,687.02 5,089.86 7.990% 600000049 49 OF Bedford NH 58,349.36 4,792.66 8.130% 600000050 50 OF Westport CT 58,174.50 4,695.84 8.210% 265950399 51 RT Aiea HI 56,502.14 4,870.53 7.980% 265950374 52 RT Encinitas CA 56,735.83 4,606.85 8.140% 600000053 53 OF Hempstead NY 55,845.21 8,328.82 8.220% 265950385 54 MF Glen Allen VA 50,633.33 0.00 7.350% 600000055 55 IN Troy MI 52,322.23 4,490.51 7.990% 600000056 56 RT Newark CA 46,428.46 11,396.09 7.250% 265950339 57 MF Pine Hill NJ 55,373.33 0.00 8.327% 265950412 58 RT Boone NC 48,379.14 4,969.48 7.540% 265331002 59 MF Harrisonburg VA 48,761.09 4,611.62 7.750% 600000060 60 RT West Islip NY 47,634.24 4,764.78 7.770% 265950420 61 RT LasVegas NV 50,242.73 3,918.59 8.190% 600000062 62 IN La Mirada CA 48,268.90 7,588.35 8.060% 600000063 63 OF Palm Springs CA 48,729.52 4,232.46 8.100% 265950343 64 MF Marlton NJ 49,686.75 0.00 8.327% 600000065 65 MF New Orleans LA 44,698.11 8,681.44 7.860% 265950340 66 MF Camden NJ 46,568.18 0.00 8.327% 600000067 67 OF Clearwater FL 42,281.19 4,043.87 7.740% 600000068 68 MF Dallas TX 44,183.57 3,862.22 8.110% 600000069 69 MF West Lawn PA 45,905.97 0.00 8.327% 600000070 70 RT Gilbert AZ 44,295.04 3,553.40 8.240% 265331001 71 RT Sunnyvale CA 40,869.55 3,440.09 7.560% 600000072 72 RT Norcross GA 42,477.74 3,661.62 7.980% 265950316 73 RT Antioch CA 43,372.42 3,220.17 8.340% 600000074 74 OF Parsippany NJ 41,231.36 3,499.26 8.080% 265950383 75 MF Concord NC 37,975.00 0.00 7.350% 265950324 76 MF Phoenix AZ 40,105.94 3,585.78 7.920% 265330839 77 LO Clearwater FL 45,214.43 5,137.35 9.000% 600000078 78 OF St. Charles IL 44,224.45 2,934.73 8.740% 265330958 79 RT Rancho Cordova CA 39,429.56 3,331.12 8.050% 600000080 80 OF High Point NC 37,049.90 3,643.89 7.714% 265950307 81 MF Riverside CA 37,933.40 3,067.29 8.125% 265330849 82 LO Glen Allen VA 41,446.56 4,709.24 9.000% 265950342 83 MF Eatontown NJ 38,891.01 0.00 8.327% 265950393 84 MF College Station TX 36,388.71 2,707.84 8.310% 265950375 85 MF Virginia Beach VA 31,645.83 0.00 7.350% 265950314 86 MU Oklahoma City OK 34,867.51 2,695.82 8.250% 600000087 87 OF Fresno CA 32,997.48 5,361.76 7.930% 600000088 88 IN Burnsville MN 32,841.95 5,106.98 8.040% 265950331 89 MF St. Joseph MI 32,561.59 2,906.51 7.900% 600000090 90 MF Oakland Park FL 32,258.13 2,768.66 8.030% 265330980 91 RT Orange CA 33,405.60 2,457.80 8.360% 600000092 92 OF Coral Springs FL 30,004.12 2,586.38 7.980% 600000093 93 MF St. Louis MO 29,677.60 2,295.41 8.290% 600000094 94 RT Tulsa OK 32,085.24 3,786.16 9.130% 600000095 95 RT Prince Frederick MD 29,085.82 2,496.91 8.260% 265330955 96 OF Southgate KY 28,586.13 0.00 7.980% 600000097 97 MF Freehold NJ 29,734.87 0.00 8.327% 600000098 98 OF Santa Monica CA 28,001.12 2,340.86 8.090% 600000099 99 RT Gilbert AZ 28,140.38 2,257.45 8.240% 265330986 100 MF Conyers GA 26,561.51 1,929.26 7.900% 600000101 101 RT Los Gatos CA 25,679.06 2,383.23 7.930% 600000102 102 OF Columbia SC 26,211.26 2,181.60 8.100% 600000103 103 OF Suwanee GA 25,514.26 2,132.73 8.050% 265330949 104 RT Allison Park PA 25,941.42 2,005.70 8.250% 265330964 105 OF Glen Burnie MD 25,012.87 0.00 7.980% 265950433 106 RT Boca Raton FL 23,011.68 2,204.53 7.720% 265330966 107 OF Shrewsbury MO 24,050.83 0.00 7.980% 265950407 108 IN North East MD 22,253.38 2,104.64 7.750% 600000109 109 RT Shelby NC 23,571.36 1,808.34 8.340% 600000110 110 MF Naples FL 20,570.11 5,172.24 7.500% 600000111 111 RT Wilmington NC 21,855.86 1,895.53 7.990% 600000112 112 RT Nampa ID 21,673.95 1,876.57 8.010% 265330999 113 RT Spencer IA 21,198.52 1,751.77 8.060% 600000114 114 MF New Orleans LA 19,794.88 3,844.63 7.860% 265950392 115 MF College Station TX 21,094.90 1,569.77 8.310% 600000116 116 OF Yonkers NY 20,539.69 5,255.18 8.420% 265330954 117 MF Hialeah FL 19,879.48 1,686.85 8.040% 600000118 118 RT Albuquerque NM 20,952.02 1,599.23 8.470% 265330978 119 RT Mentor OH 20,012.89 1,653.98 8.100% 600000120 120 RT Las Vegas NV 19,908.75 1,793.13 8.190% 600000121 121 RT Boise ID 19,068.69 1,622.36 8.050% 265330840 122 LO Norcross GA 21,100.07 2,397.43 9.000% 265330965 123 OF Harrison OH 18,553.50 0.00 7.980% 265330904 124 RT Commerce Townsh MI 18,214.87 1,559.14 7.980% 600000125 125 MF Temple City CA 19,316.09 1,447.11 8.570% 600000126 126 MF New Orleans LA 17,240.70 3,348.55 7.860% 600000127 127 RT Ft Worth TX 17,720.88 1,484.03 8.070% 265950327 128 IN Ft. Myers FL 17,843.79 1,267.54 8.437% 265330843 129 LO Warren MI 18,839.35 2,140.56 9.000% 600000130 130 RT Myrtle Beach SC 16,881.41 1,417.48 8.080% 600000131 131 RT Ahoskie NC 16,899.56 1,345.65 8.200% 265331000 132 RT Clinton IA 16,341.91 1,423.51 7.940% 265950302 133 MF Long Beach CA 15,739.20 1,454.69 7.750% 600000134 134 OF Mountain View CA 16,187.02 2,427.14 8.150% 600000135 135 RT Everett WA 16,609.24 1,281.80 8.270% 600000136 136 RT Boiling Springs SC 16,464.77 1,263.14 8.340% 600000137 137 RT Tumwater WA 16,303.10 1,249.24 8.270% 265950355 138 RT Bristol VA 14,933.14 1,449.08 7.690% 600000139 139 RT Lenoir City TN 15,681.32 1,238.00 8.260% 265330974 140 RT Verona VA 15,469.43 1,237.84 8.173% 600000141 141 OF Las Vegas NV 15,152.78 1,277.34 8.055% 600000142 142 MF Florence SC 14,357.36 2,441.65 7.740% 265950438 143 RT Naperville IL 14,399.25 1,361.82 7.750% 600000144 144 RT Crossville TN 14,653.46 1,305.92 8.000% 265330996 145 MF Shreveport LA 15,221.27 1,120.28 8.375% 600000146 146 RT Rowlett TX 15,799.56 985.65 8.910% 600000147 147 RT Knoxville TN 13,991.50 1,193.83 8.100% 600000148 148 RT Medford Township NJ 13,947.19 1,201.57 8.210% 600000149 149 OF Las Vegas NV 13,162.01 1,238.17 7.802% 265950401 150 OF Las Vegas NV 13,808.19 1,072.12 8.200% 600000151 151 RT Little River SC 13,093.73 1,206.60 7.850% 600000152 152 MF Fresno CA 13,221.01 1,141.81 8.040% 600000153 153 IN Orlando FL 12,964.92 1,987.61 8.160% 600000154 154 RT Norfolk VA 13,687.11 1,827.76 8.690% 265950345 155 MF Somerdale NJ 13,402.43 0.00 8.327% 600000156 156 OF Wellington FL 13,440.46 941.72 8.660% 600000157 157 RT Orlando FL 13,288.82 1,722.78 8.690% 600000158 158 OF Pasadena CA 12,880.97 1,046.93 8.360% 265950305 159 MF Pico Rivera CA 11,595.72 937.63 8.125% 600000160 160 RT Glendale AZ 12,035.73 816.96 8.510% 600000161 161 RT Decatur AL 10,636.46 1,761.67 7.820% 265950329 162 RT Simi Valley CA 11,031.18 1,584.02 8.250% 265950319 163 MU Santa Monica CA 10,473.85 795.15 8.250% 265950419 164 RT Tampa FL 9,934.29 880.57 7.900% 265950346 165 MF Thorofare NJ 10,021.01 0.00 8.327% 265330917 166 MF Moreno Valley CA 9,346.04 789.53 8.010% 600000167 167 MF Brooklyn NY 9,962.15 686.94 8.600% 265950320 168 RT Fresno CA 8,985.49 1,290.44 8.280% 265950336 169 RT Chicago IL 8,911.65 620.66 8.480% 600000171 171 RT Chandler AZ 7,834.86 560.90 8.420% 600000172 172 MF Detroit MI 7,389.24 1,015.80 8.490% 600000173 173 RT White Plains NY 6,491.55 948.37 8.330% 600000174 174 RT Atascadero CA 6,867.18 835.14 8.800% 265950391 175 MF Orangeburg SC 6,694.16 856.68 8.625% 265950352 176 MH Helena MT 6,426.20 418.35 8.625% 600000177 177 RT Los Angeles CA 6,769.96 744.80 9.210% 600000178 178 RT Sarasota FL 5,488.96 2,890.64 8.130% 265950344 179 MF Clementon NJ 5,112.30 0.00 8.327% 265950326 180 MF Coral Springs FL 4,249.88 310.55 8.375% 265950315 181 MF Boca Raton FL 4,193.21 306.42 8.375% 600000182 182 RT Bloomfield CT 2,988.28 402.17 8.530% Totals 8,846,517.95 772,449.31
Loan Anticipated Neg Beginning Ending Paid Number Repayment Maturity Amort Scheduled Scheduled Thru Date Date (Y/N) Balance Balance Date 600000001 N/A 10/01/2010 N 49,012,237.29 48,983,480.93 06/01/2003 265950410 12/01/2010 11/01/2030 N 45,122,931.42 45,095,699.97 06/01/2003 265950417 12/01/2010 12/01/2030 N 39,696,340.36 39,671,111.34 06/01/2003 600000004 N/A 10/01/2010 N 26,679,550.30 26,664,355.25 06/01/2003 600000005 N/A 09/01/2010 N 25,795,921.32 25,767,428.14 06/01/2003 255999835 N/A 09/01/2010 N 25,167,916.59 25,138,917.65 05/01/2003 600000007 N/A 06/01/2010 N 24,937,756.82 24,922,988.10 06/01/2003 600000008 N/A 09/01/2010 N 24,606,350.26 24,579,171.02 06/01/2003 265330983 N/A 11/01/2010 N 24,718,388.96 24,704,094.70 06/01/2003 600000010 N/A 07/01/2009 N 23,988,633.38 23,967,978.61 06/01/2003 600000011 N/A 10/01/2010 N 23,501,994.10 23,487,296.59 06/01/2003 600000012 N/A 10/01/2009 N 23,184,466.48 23,165,522.92 06/01/2003 265950323 N/A 11/01/2010 N 19,834,509.95 19,822,304.09 06/01/2003 265950318 N/A 12/01/2010 N 18,930,804.80 18,920,249.33 06/01/2003 265950396 N/A 12/01/2010 N 18,697,356.49 18,687,799.08 06/01/2003 600000016 N/A 10/01/2010 N 17,881,446.95 17,861,686.58 06/01/2003 600000017 N/A 09/01/2010 N 17,820,535.13 17,809,780.22 06/01/2003 265950379 N/A 01/01/2011 N 16,250,000.00 16,250,000.00 06/01/2003 265950402 N/A 01/01/2011 N 14,967,060.47 14,958,063.15 06/01/2003 265950389 N/A 01/01/2011 N 15,000,000.00 15,000,000.00 06/01/2003 600000021 N/A 09/01/2010 N 14,690,939.71 14,682,210.25 06/01/2003 600000022 N/A 05/01/2010 N 13,746,404.20 13,739,479.74 06/01/2003 265330956 N/A 09/01/2010 N 13,516,171.52 13,501,181.30 06/01/2003 265330957 N/A 09/01/2010 N 13,000,000.00 13,000,000.00 06/01/2003 265950371 N/A 12/01/2010 N 12,650,000.00 12,650,000.00 06/01/2003 265950373 N/A 12/01/2010 N 12,630,000.00 12,630,000.00 06/01/2003 265950452 N/A 01/01/2011 N 12,406,426.86 12,398,596.38 06/01/2003 265950333 N/A 01/01/2011 N 11,881,738.52 11,874,858.74 06/01/2003 265950325 N/A 12/01/2010 N 12,000,000.00 12,000,000.00 06/01/2003 265950364 N/A 01/01/2011 N 11,967,924.45 11,962,453.52 06/01/2003 600000031 10/01/2010 05/01/2028 N 11,693,322.00 11,693,322.00 06/01/2003 265950332 N/A 01/01/2011 N 11,488,953.83 11,482,301.48 06/01/2003 265330997 N/A 11/01/2010 N 11,228,749.89 11,222,277.03 06/01/2003 600000034 10/01/2010 05/01/2028 N 10,780,119.00 10,780,119.00 06/01/2003 265950380 N/A 01/01/2011 N 10,500,000.00 10,500,000.00 06/01/2003 265330990 N/A 10/01/2010 N 10,287,726.52 10,281,505.96 06/01/2003 355132465 N/A 12/01/2010 N 9,899,800.27 9,892,534.92 06/01/2003 600000038 N/A 11/01/2009 N 9,831,136.78 9,821,253.97 06/01/2003 600000039 N/A 10/01/2010 N 9,614,821.26 9,609,502.42 06/01/2003 265950376 N/A 01/01/2011 N 9,500,000.00 9,500,000.00 06/01/2003 265950388 N/A 01/01/2011 N 9,500,000.00 9,500,000.00 06/01/2003 265950406 N/A 01/01/2011 N 9,331,453.21 9,326,169.07 06/01/2003 265950351 N/A 02/01/2011 N 8,954,453.95 8,948,619.92 06/01/2003 600000044 N/A 12/01/2009 N 8,843,558.77 8,834,690.79 06/01/2003 265330842 N/A 10/01/2010 N 8,751,179.87 8,743,473.84 06/01/2003 600000046 N/A 11/01/2010 N 8,705,263.41 8,695,599.51 06/01/2003 600000047 N/A 10/01/2010 N 8,708,973.81 8,699,718.68 06/01/2003 265950310 N/A 11/01/2010 N 8,529,745.79 8,524,655.93 06/01/2003 600000049 N/A 10/01/2010 N 8,334,630.39 8,329,837.73 06/01/2003 600000050 N/A 08/01/2010 N 8,228,682.40 8,223,986.56 06/01/2003 265950399 N/A 12/01/2010 N 8,222,480.11 8,217,609.58 06/01/2003 265950374 N/A 11/01/2010 N 8,094,197.58 8,089,590.73 06/01/2003 600000053 N/A 09/01/2010 N 7,889,598.46 7,881,269.64 06/01/2003 265950385 N/A 01/01/2011 N 8,000,000.00 8,000,000.00 06/01/2003 600000055 N/A 12/01/2010 N 7,604,668.51 7,600,178.00 06/01/2003 600000056 N/A 11/01/2008 N 7,436,816.69 7,425,420.60 06/01/2003 265950339 10/01/2010 05/01/2028 N 7,722,410.00 7,722,410.00 06/01/2003 265950412 N/A 02/01/2011 N 7,451,224.50 7,446,255.02 06/01/2003 265331002 N/A 01/01/2011 N 7,306,551.83 7,301,940.21 06/01/2003 600000060 N/A 05/01/2010 N 7,119,329.07 7,114,564.29 06/01/2003 265950420 N/A 01/01/2011 N 7,124,102.08 7,120,183.49 06/01/2003 600000062 N/A 09/01/2010 N 6,954,616.64 6,947,028.29 06/01/2003 600000063 N/A 05/01/2010 N 6,986,311.64 6,982,079.18 06/01/2003 265950343 10/01/2010 05/01/2028 N 6,929,355.00 6,929,355.00 06/01/2003 600000065 N/A 04/01/2009 N 6,604,005.21 6,595,323.77 06/01/2003 265950340 10/01/2010 05/01/2028 N 6,494,437.00 6,494,437.00 06/01/2003 600000067 N/A 12/01/2010 N 6,343,763.75 6,339,719.88 06/01/2003 600000068 N/A 04/01/2010 N 6,326,751.62 6,322,889.40 06/01/2003 600000069 10/01/2010 05/01/2028 N 6,402,085.00 6,402,085.00 06/01/2003 600000070 N/A 07/01/2010 N 6,242,645.15 6,239,091.75 06/01/2003 265331001 N/A 12/01/2010 N 6,277,964.81 6,274,524.72 06/01/2003 600000072 N/A 12/01/2010 N 6,181,578.08 6,177,916.46 06/01/2003 265950316 N/A 11/01/2010 N 6,039,325.05 6,036,104.88 06/01/2003 600000074 N/A 09/01/2010 N 5,925,937.45 5,922,438.19 06/01/2003 265950383 N/A 01/01/2011 N 6,000,000.00 6,000,000.00 06/01/2003 265950324 N/A 11/01/2010 N 5,880,636.05 5,877,050.27 06/01/2003 265330839 N/A 10/01/2010 N 5,834,119.93 5,828,982.58 06/01/2003 600000078 N/A 03/01/2010 N 5,876,135.42 5,873,200.69 06/01/2003 265330958 N/A 11/01/2010 N 5,688,095.42 5,684,764.30 06/01/2003 600000080 N/A 10/01/2010 N 5,577,610.39 5,573,966.50 06/01/2003 265950307 N/A 12/01/2010 N 5,421,746.12 5,418,678.83 06/01/2003 265330849 N/A 10/01/2010 N 5,347,943.22 5,343,233.98 06/01/2003 265950342 10/01/2010 05/01/2028 N 5,423,772.00 5,423,772.00 06/01/2003 265950393 N/A 12/01/2010 N 5,085,181.36 5,082,473.52 06/01/2002 265950375 N/A 01/01/2011 N 5,000,000.00 5,000,000.00 06/01/2003 265950314 N/A 11/01/2010 N 4,908,035.96 4,905,340.14 06/01/2003 600000087 N/A 10/01/2010 N 4,832,238.32 4,826,876.56 06/01/2003 600000088 N/A 11/01/2010 N 4,743,661.41 4,738,554.43 06/01/2003 265950331 N/A 12/01/2010 N 4,786,513.49 4,783,606.98 06/01/2003 600000090 N/A 10/01/2010 N 4,665,138.23 4,662,369.57 06/01/2003 265330980 N/A 11/01/2010 N 4,640,382.51 4,637,924.71 06/01/2003 600000092 N/A 12/01/2010 N 4,366,352.82 4,363,766.44 06/01/2003 600000093 N/A 09/01/2010 N 4,157,334.70 4,155,039.29 06/01/2003 600000094 N/A 02/01/2010 N 4,081,081.40 4,077,295.24 06/01/2003 600000095 N/A 11/01/2009 N 4,089,234.77 4,086,737.86 06/01/2003 265330955 N/A 09/01/2010 N 4,160,000.00 4,160,000.00 06/01/2003 600000097 10/01/2010 05/01/2028 N 4,146,849.00 4,146,849.00 06/01/2003 600000098 N/A 10/01/2010 N 4,019,460.02 4,017,119.16 06/01/2003 600000099 N/A 07/01/2010 N 3,965,915.84 3,963,658.39 06/01/2003 265330986 N/A 11/01/2010 N 3,904,509.96 3,902,580.70 06/01/2003 600000101 N/A 06/01/2010 N 3,760,510.42 3,758,127.19 06/01/2003 600000102 N/A 10/01/2010 N 3,757,886.11 3,755,704.51 06/01/2003 600000103 N/A 12/01/2010 N 3,680,679.03 3,678,546.30 06/01/2003 265330949 N/A 11/01/2010 N 3,651,578.68 3,649,572.98 05/01/2003 265330964 N/A 09/01/2010 N 3,640,000.00 3,640,000.00 06/01/2003 265950433 N/A 01/01/2011 N 3,461,559.87 3,459,355.34 06/01/2003 265330966 N/A 09/01/2010 N 3,500,000.00 3,500,000.00 06/01/2003 265950407 N/A 01/01/2011 N 3,334,533.59 3,332,428.95 06/01/2003 600000109 N/A 07/01/2010 N 3,282,158.01 3,280,349.67 06/01/2003 600000110 N/A 08/01/2008 N 3,185,048.63 3,179,876.39 06/01/2003 600000111 N/A 11/01/2010 N 3,176,594.99 3,174,699.46 06/01/2003 600000112 N/A 10/01/2010 N 3,142,291.25 3,140,414.68 06/01/2003 265330999 N/A 01/01/2011 N 3,054,297.72 3,052,545.95 06/01/2003 600000114 N/A 04/01/2009 N 2,924,631.18 2,920,786.55 06/01/2003 265950392 N/A 12/01/2010 N 2,947,931.13 2,946,361.36 08/01/2002 600000116 N/A 10/01/2010 N 2,832,843.19 2,827,588.01 06/01/2003 265330954 N/A 11/01/2010 N 2,871,373.46 2,869,686.61 06/01/2003 600000118 N/A 02/01/2010 N 2,872,653.69 2,871,054.46 06/01/2003 265330978 N/A 11/01/2010 N 2,869,231.55 2,867,577.57 06/01/2003 600000120 N/A 09/01/2006 N 2,822,934.46 2,821,141.33 06/01/2003 600000121 N/A 10/01/2010 N 2,750,842.82 2,749,220.46 06/01/2003 265330840 N/A 10/01/2010 N 2,722,589.19 2,720,191.76 06/01/2003 265330965 N/A 09/01/2010 N 2,700,000.00 2,700,000.00 06/01/2003 265330904 N/A 01/01/2011 N 2,650,720.45 2,649,161.31 06/01/2003 600000125 N/A 11/01/2009 N 2,617,454.46 2,616,007.35 06/01/2003 600000126 N/A 04/01/2009 N 2,547,259.46 2,543,910.91 06/01/2003 600000127 N/A 11/01/2010 N 2,550,073.15 2,548,589.12 06/01/2003 265950327 N/A 11/01/2010 N 2,456,064.80 2,454,797.26 06/01/2003 265330843 N/A 10/01/2010 N 2,430,883.25 2,428,742.69 06/01/2003 600000130 N/A 10/01/2010 N 2,426,264.27 2,424,846.79 06/01/2003 600000131 N/A 10/01/2010 N 2,393,328.36 2,391,982.71 06/01/2003 265331000 N/A 01/01/2011 N 2,390,138.32 2,388,714.81 06/01/2003 265950302 N/A 03/01/2011 N 2,358,423.74 2,356,969.05 06/01/2003 600000134 N/A 11/01/2010 N 2,306,482.33 2,304,055.19 06/01/2003 600000135 N/A 10/01/2010 N 2,332,304.11 2,331,022.31 06/01/2003 600000136 N/A 07/01/2010 N 2,292,611.84 2,291,348.70 06/01/2003 600000137 N/A 11/01/2010 N 2,289,314.60 2,288,065.36 06/01/2003 265950355 N/A 01/01/2011 N 2,255,099.19 2,253,650.11 06/01/2003 600000139 N/A 08/01/2010 N 2,204,668.96 2,203,430.96 06/01/2003 265330974 N/A 11/01/2010 N 2,198,030.11 2,196,792.27 06/01/2003 600000141 N/A 11/01/2010 N 2,184,577.71 2,183,300.37 06/01/2003 600000142 N/A 12/01/2010 N 2,154,142.48 2,151,700.83 06/01/2003 265950438 N/A 01/01/2011 N 2,157,639.44 2,156,277.62 06/01/2003 600000144 N/A 07/01/2010 N 2,127,115.18 2,125,809.26 06/01/2003 265330996 N/A 10/01/2010 N 2,110,604.90 2,109,484.62 06/01/2003 600000146 N/A 02/01/2010 N 2,059,245.48 2,058,259.83 06/01/2003 600000147 N/A 07/01/2010 N 2,005,949.33 2,004,755.50 06/01/2003 600000148 N/A 01/01/2010 N 1,972,805.92 1,971,604.35 06/01/2003 600000149 N/A 11/01/2010 N 1,959,102.65 1,957,864.48 06/01/2003 265950401 N/A 01/01/2011 N 1,955,525.92 1,954,453.80 06/01/2003 600000151 N/A 11/01/2010 N 1,937,021.40 1,935,814.80 06/01/2003 600000152 N/A 09/01/2010 N 1,909,630.99 1,908,489.18 06/01/2003 600000153 N/A 08/01/2010 N 1,845,103.02 1,843,115.41 06/01/2003 600000154 N/A 04/01/2010 N 1,829,079.97 1,827,252.21 06/01/2003 265950345 10/01/2010 05/01/2028 N 1,869,114.00 1,869,114.00 06/01/2003 600000156 N/A 02/01/2010 N 1,802,340.97 1,801,399.25 05/01/2003 600000157 N/A 07/01/2010 N 1,775,855.32 1,774,132.54 06/01/2003 600000158 N/A 12/01/2009 N 1,789,299.77 1,788,252.84 06/01/2003 265950305 N/A 12/01/2010 N 1,657,353.80 1,656,416.17 06/01/2003 600000160 N/A 12/01/2010 N 1,642,417.44 1,641,600.48 06/01/2003 600000161 N/A 12/01/2010 N 1,579,542.36 1,577,780.69 06/01/2003 265950329 N/A 12/01/2010 N 1,552,775.58 1,551,191.56 06/01/2003 265950319 N/A 01/01/2011 N 1,474,324.44 1,473,529.29 06/01/2003 265950419 N/A 01/01/2011 N 1,460,328.14 1,459,447.57 06/01/2003 265950346 10/01/2010 05/01/2028 N 1,397,539.00 1,397,539.00 06/01/2003 265330917 N/A 01/01/2011 N 1,354,989.84 1,354,200.31 06/01/2003 600000167 N/A 06/01/2010 N 1,345,226.66 1,344,539.72 06/01/2003 265950320 N/A 11/01/2010 N 1,260,236.91 1,258,946.47 06/01/2003 265950336 N/A 11/01/2010 N 1,220,402.79 1,219,782.13 06/01/2003 600000171 N/A 11/01/2010 N 1,080,587.70 1,080,026.80 06/01/2003 600000172 N/A 08/01/2010 N 1,010,725.06 1,009,709.26 06/01/2003 600000173 N/A 07/01/2010 N 904,990.23 904,041.86 06/01/2003 600000174 N/A 02/01/2010 N 906,226.13 905,390.99 06/01/2003 265950391 N/A 11/01/2010 N 901,317.05 900,460.37 06/01/2003 265950352 N/A 11/01/2010 N 865,239.28 864,820.93 06/01/2003 600000177 N/A 06/01/2010 N 853,624.84 852,880.04 06/01/2003 600000178 N/A 09/01/2010 N 784,043.85 781,153.21 06/01/2003 265950344 10/01/2010 05/01/2028 N 712,965.00 712,965.00 06/01/2003 265950326 N/A 11/01/2010 N 589,294.33 588,983.78 06/01/2003 265950315 N/A 11/01/2010 N 581,436.89 581,130.47 06/01/2003 600000182 N/A 09/01/2010 N 406,830.06 406,427.89 06/01/2003 Totals 1,285,906,343.25 1,285,133,893.94
Appraisal Appraisal Res Mod Loan Number Reduction Reduction Strat. Code Date Amount (2) (3) 265950393 11/12/2002 752,867.10 7 265950392 11/12/2002 668,263.67 7 Totals 1,421,130.77 (1) Property Type Code MF- Multi-Family RT- Retail HC- Health Care IN- Industrial WH- Warehouse MH- Mobile Home Park OF- Office MU- Mixed Use LO- Lodging SS- Self Storage OT- Other IW- Industrial/Warehouse (2) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10-Deed In Lieu of Foreclosure 11-Full Payoff 12-Reps and Warranties 13-Other or TBD (3) Modification Code 1- Maturity Date Extension 2- Amortization Change 3- Principal Write-Off 4- Combination
Principal Prepayment Detail Principal Prepayment Amount Prepayment Penalties Loan Number Offering Document Payoff Amount Curtailment Amount Prepayment Premium Yield Maintenance Cross-Reference Premium No Principal Prepayments this period
Historical Detail Delinquencies Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure REO Modifications Date # Balance # Balance # Balance # Balance # Balance # Balance 06/17/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,028,834.88 0 $0.00 05/16/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,033,112.49 0 $0.00 04/17/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,039,202.23 0 $0.00 03/17/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,043,406.17 0 $0.00 02/18/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 2 $8,053,117.41 0 $0.00 01/17/2003 1 $8,557,220.07 0 $0.00 0 $0.00 2 $8,057,222.49 0 $0.00 0 $0.00 12/17/2002 1 $3,664,669.20 0 $0.00 0 $0.00 2 $8,061,298.40 0 $0.00 0 $0.00 11/18/2002 1 $3,667,402.92 0 $0.00 0 $0.00 2 $8,067,194.30 0 $0.00 0 $0.00 10/18/2002 0 $0.00 0 $0.00 0 $0.00 3 $9,289,878.17 0 $0.00 0 $0.00 09/17/2002 0 $0.00 0 $0.00 0 $0.00 3 $9,296,581.40 0 $0.00 0 $0.00 08/16/2002 2 $6,639,323.40 1 $5,115,471.63 0 $0.00 1 $1,220,141.70 0 $0.00 0 $0.00 07/17/2002 3 $10,917,798.45 0 $0.00 0 $0.00 1 $1,220,724.96 0 $0.00 0 $0.00
Prepayments Distribution Curtailments Payoff Date # Amount # Amount 06/17/2003 0 $0.00 0 $0.00 05/16/2003 0 $0.00 0 $0.00 04/17/2003 0 $0.00 0 $0.00 03/17/2003 0 $0.00 0 $0.00 02/18/2003 0 $0.00 0 $0.00 01/17/2003 0 $0.00 0 $0.00 12/17/2002 0 $0.00 0 $0.00 11/18/2002 0 $0.00 1 $940,985.91 10/18/2002 0 $0.00 0 $0.00 09/17/2002 0 $0.00 0 $0.00 08/16/2002 0 $0.00 0 $0.00 07/17/2002 0 $0.00 0 $0.00
Rate and Maturities Distribution Next Weighted Avg. WAM Date Coupon Remit 06/17/2002 7.989194% 7.903252% 87 05/16/2002 7.989210% 7.903265% 88 04/17/2003 7.989236% 7.903286% 89 03/17/2003 7.989251% 7.903299% 90 02/18/2003 7.989296% 7.903337% 91 01/17/2003 7.989311% 7.903349% 92 12/17/2002 7.989326% 7.903360% 93 11/18/2002 7.989354% 7.903383% 94 10/18/2002 7.989734% 7.903555% 95 09/17/2002 7.989761% 7.904150% 96 08/16/2002 7.989778% 7.905150% 97 07/17/2002 7.989794% 7.905162% 98 Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.
Delinquency Loan Detail Offering # of Paid Through Current Outstanding Status of Loan Number Document Months Date P & I P&I Mortgage Cross-Reference Delinq. Advances Advances ** Loan (1) 255999835 6 0 05/01/2003 196,778.06 196,778.06 B 265950393 84 11 06/01/2002 33,096.38 420,415.65 9 265330949 104 0 05/01/2003 27,794.98 27,794.98 B 265950392 115 9 08/01/2002 17,404.01 184,414.37 9 600000156 156 0 05/01/2003 14,192.33 14,192.33 B Totals 5 289,265.76 843,595.39
Resolution Actual Outstanding Bankruptcy REO Loan Number Strategy Servicing Foreclosure Principal Servicing Date Date Code (2) Transfer Date Date Balance Advances 255999835 25,167,916.59 0.00 265950393 7 08/14/2002 5,121,574.67 37,912.46 02/04/2003 265330949 3,651,578.68 0.00 265950392 7 09/09/2002 2,965,490.74 19,721.03 02/04/2003 600000156 1,802,340.97 0.00 Totals 38,708,901.65 57,633.49
Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances ** Balance Advances Totals By Delinquency Code: Total for Status Code = 9 (2 loans) 50,500.39 604,830.02 8,087,065.41 57,633.49 Total for Status Code = B (3 loans) 238,765.37 238,765.37 30,621,836.24 0.00 (1) Status of Mortgage Loan A- Payment Not Received But Still in Grace Period B- Late Payment But Less Than 1 Month Delinquent 0- Current 1- One Month Delinquent 2- Two Months Delinquent 3- Three or More Months Delinquent 4- Assumed Scheduled Payment (Performing Matured Balloon) 7- Foreclosure 9- REO (2) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10-Deed In Lieu Of Foreclosure 11-Full Payoff 12-Reps and Warranties 13-Other or TBD **Outstanding P & I Advances include the current period advance.
Specially Serviced Loan Detail - Part 1 Offering Servicing Resolution Scheduled Property Interest Loan Document Transfer Strategy Balance Type(2) State Rate Number Cross Reference Date Code(1) 265950393 84 08/14/2002 7 5,082,473.52 MF TX 8.310% 265950392 115 09/09/2002 7 2,946,361.36 MF TX 8.310%
Net Remaining Loan Actual Operating DSCR DSCR Note Maturity Amoritization Number Balance Income Date Date Date Term 265950393 5,121,574.67 405,722.50 11/30/2001 0.94 01/01/2001 12/01/2010 329 265950392 2,965,490.74 167,223.36 09/30/2001 0.82 01/01/2001 12/01/2010 329 (1) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10- Deed in Lieu of Foreclosure 11- Full Payoff 12- Reps and Warranties 13- Other or TBD (2) Property Type Code MF- Multi-Family RT- Retail HC- Health Care IN- Industrial WH- Warehouse MH- Mobile Home Park OF- Office MU- Mixed Use LO- Lodging SS- Self Storage OT- Other
Specially Serviced Loan Detail - Part 2 Offering Resolution Site Loan Document Strategy Inspection Phase 1 Date Appraisal Appraisal Other REO Number Cross-Reference Code (1) Date Date Value Property Revenue 265950393 84 7 09/11/2002 5,000,000.00 265950392 115 7 09/23/2002 2,600,000.00
Specially Serviced Loan Detail - Part 2 (cont) Loan Comments from Special Servicer Number 265950393 The chiller system for the subject property has been installed and is in working order. The property is being repaired as needed with replacement carpeting, vinyl, interior painting, and appliances. The property management firm is overseeing any necessary external repairs as required. Marketing of the units will continue throughout the summer for the fall student population at Texas A&M. There are ongoing discussions and negotiations for the possible sale of the property. In the event that these negotiati ons do not result in the contract for the sale of the property, marketing proposals for the listing of the property are also being considered. 265950392 The property is currently undergoing improvements overseen by the property management firm. These improvements include the replacement of the roof for all of the subject buildings, repair of exterior woodwork, balcony repairs, and repainting of the entire complex. Interior replacements are being completed as needed and the units are being marketed for lease to the fall student population at Texas A&M. There are ongoing discussions and negotiations for the possible sale of the property. In the event that t hese negotiations do not result in the contract for the sale of the property, marketing proposals for the listing of the property are also being considered. (1) Resolution Strategy Code 1 - Modification 6 - DPO 10 - Deed in Lieu Of 2 - Foreclosure 7 - REO Foreclosure 3 - Bankruptcy 8 - Resolved 11 - Full Payoff 4 - Extension 9 - Pending Return 12 - Reps and Warranties 5 - Note Sale to Master Servicer 13 - Other or TBD
Modified Loan Detail No Modified Loans Liquidated Loan Detail Final Recovery Offering Loan Determination Document Appraisal Appraisal Actual Gross Proceeds Number Date Cross-Reference Date Value Balance 265950313 11/08/2002 170 07/31/2002 1,100,000.00 1,224,980.64 1,107,728.88 Current Total 0.00 0.00 0.00 Cumulative Total 1,100,000.00 1,224,980.64 1,107,728.88
Gross Proceeds Aggregate Net Net Proceeds Repurchased Loan as a % of Liquidation Liquidation as a % of Realized by Seller Number Actual Balance Expenses* Proceeds Actual Balance Loss (Y/N) 265950313 90.420% 13,027.49 1,094,701.39 89.365% 277,094.88 N Current Total 0.00 0.00 0.00 Cumulative Total 13,027.49 1,094,701.39 277,094.88 *Aggregate liquidation expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.)
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