-----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, Ek/U7EDf0xs30xhxRMVZn5tgmEc6yps0BeyiK/7do5q5Ikaqe7qo15uDhLZbaiHn WARfl+seOwkUXOqXK4ZwHQ== 0001056404-02-001331.txt : 20021106 0001056404-02-001331.hdr.sgml : 20021106 20021106153017 ACCESSION NUMBER: 0001056404-02-001331 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021025 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEAR STEARNS ARM TRUST MORTGAGE PASS THROUGH CERT SER 2001-2 CENTRAL INDEX KEY: 0001137526 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 133633241 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-56240-01 FILM NUMBER: 02811148 BUSINESS ADDRESS: STREET 1: 11000 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 BUSINESS PHONE: 4108842220 MAIL ADDRESS: STREET 1: 11000 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 8-K 1 bst01002.txt OCTOBER 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): October 25, 2002 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2001-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-55240-01 Pooling and Servicing Agreement) (Commission 90-0030641 (State or other File Number) 90-0031689 jurisdiction 90-0031688 of Incorporation) IRS EIN 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 October 25, 2002 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2001-2 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 2001-2 Trust, relating to the October 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 2001-2 Trust By: Wells Fargo Bank Minnesota, NA, as Securities Administrator By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 10/25/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-2 Trust, relating to the October 25, 2002 distribution. EX-99.1
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 9/30/02 Distribution Date: 10/25/02 BST Series: 2001-2 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 1-A-1 07384MBQ4 Sen 6.97658% 35,473,849.04 206,238.48 2,552,356.73 1-X-1 07384MBR2 Sen 0.50600% 0.00 14,958.14 0.00 1-A-2 07384MBS0 Sen 8.13415% 6,253,462.78 42,388.82 881,268.95 1-A-3 07384MBT8 Sen 7.94775% 3,861,097.12 25,572.51 7,123.97 2-A-1 07384MBZ4 Sen 6.87508% 190,357,819.93 1,090,604.12 26,326,522.60 2-A-2A 07384MCA8 Sen 5.61408% 0.00 0.00 0.00 2-A-2B 07384MCB6 Sen 5.81408% 0.00 0.00 0.00 2-A-2C 07384MCC4 Sen 5.95000% 94,119,762.94 466,677.16 13,016,781.07 2-X-2 07384MCD2 Sen 0.92508% 0.00 72,556.80 0.00 1-B-1 07384MBW1 Sub 7.63494% 2,812,442.05 17,894.02 103,994.00 1-B-2 07384MBX9 Sub 7.63494% 2,343,591.80 14,910.98 86,657.60 1-B-3 07384MBY7 Sub 7.63494% 1,218,734.88 7,754.14 45,064.44 1-B-4 07384MCK6 Sub 7.63494% 843,762.59 5,368.40 31,199.31 1-B-5 07384MCL4 Sub 7.63494% 656,186.52 4,174.95 24,263.42 1-B-6 07384MCM2 Sub 7.63494% 562,581.12 3,579.39 20,802.23 R-1 BST0102RI Res 7.48258% 0.00 0.00 0.00 R-2 07384MBU5 Res 7.48258% 0.00 0.00 0.00 R-X 07384MBV3 Res 0.00000% 0.00 1,729.06 0.00 2-B-1 07384MCG5 Sub 6.87508% 7,774,673.88 44,542.91 524,147.65 2-B-2 07384MCH3 Sub 6.87508% 3,401,399.50 19,487.41 229,313.23 2-B-3 07384MCJ9 Sub 6.87508% 3,401,399.50 19,487.41 229,313.23 2-B-4 07384MCN0 Sub 6.87508% 2,915,494.58 16,703.54 196,554.82 2-B-5 07384MCP5 Sub 6.87508% 971,809.85 5,567.72 65,516.81 2-B-6 07384MCQ3 Sub 6.87508% 971,897.64 5,568.23 65,522.73 Totals 357,939,965.72 2,085,764.19 44,406,402.79
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 32,921,492.31 2,758,595.21 0.00 1-X-1 0.00 0.00 14,958.14 0.00 1-A-2 0.00 5,372,193.82 923,657.77 0.00 1-A-3 0.00 3,853,973.14 32,696.48 0.00 2-A-1 0.00 164,031,297.32 27,417,126.72 0.00 2-A-2A 0.00 0.00 0.00 0.00 2-A-2B 0.00 0.00 0.00 0.00 2-A-2C 0.00 81,102,981.87 13,483,458.23 0.00 2-X-2 0.00 0.00 72,556.80 0.00 1-B-1 0.00 2,708,448.05 121,888.02 0.00 1-B-2 0.00 2,256,934.20 101,568.58 0.00 1-B-3 0.00 1,173,670.44 52,818.58 0.00 1-B-4 0.00 812,563.28 36,567.71 0.00 1-B-5 0.00 631,923.10 28,438.37 0.00 1-B-6 0.00 541,778.90 24,381.62 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 R-X 0.00 0.00 1,729.06 0.00 2-B-1 0.00 7,250,526.22 568,690.56 0.00 2-B-2 0.00 3,172,086.27 248,800.64 0.00 2-B-3 0.00 3,172,086.27 248,800.64 0.00 2-B-4 0.00 2,718,939.75 213,258.36 0.00 2-B-5 0.00 906,293.04 71,084.53 0.00 2-B-6 0.00 906,374.91 71,090.96 0.00 Totals 0.00 313,533,562.89 46,492,166.98 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 Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-A-1 219,828,300.00 35,473,849.04 35,578.67 2,516,778.06 0.00 0.00 1-X-1 0.00 0.00 0.00 0.00 0.00 0.00 1-A-2 58,424,200.00 6,253,462.78 4,641.15 876,627.80 0.00 0.00 1-A-3 20,434,500.00 3,861,097.12 4,291.86 2,832.12 0.00 0.00 2-A-1 980,000,000.00 190,357,819.93 203,248.64 26,123,273.96 0.00 0.00 2-A-2A 197,774,400.00 0.00 0.00 0.00 0.00 0.00 2-A-2B 140,914,200.00 0.00 0.00 0.00 0.00 0.00 2-A-2C 145,858,700.00 94,119,762.94 100,493.45 12,916,287.62 0.00 0.00 2-X-2 0.00 0.00 0.00 0.00 0.00 0.00 1-B-1 4,691,500.00 2,812,442.05 2,703.55 101,290.45 0.00 0.00 1-B-2 3,909,400.00 2,343,591.80 2,252.85 84,404.75 0.00 0.00 1-B-3 2,033,000.00 1,218,734.88 1,171.55 43,892.89 0.00 0.00 1-B-4 1,407,500.00 843,762.59 811.09 30,388.21 0.00 0.00 1-B-5 1,094,600.00 656,186.52 630.78 23,632.64 0.00 0.00 1-B-6 938,455.00 562,581.12 540.80 20,261.43 0.00 0.00 R-1 50.00 0.00 0.00 0.00 0.00 0.00 R-2 50.00 0.00 0.00 0.00 0.00 0.00 R-X 0.00 0.00 0.00 0.00 0.00 0.00 2-B-1 11,955,500.00 7,774,673.88 8,301.17 515,846.49 0.00 0.00 2-B-2 5,230,500.00 3,401,399.50 3,631.74 225,681.49 0.00 0.00 2-B-3 5,230,500.00 3,401,399.50 3,631.74 225,681.49 0.00 0.00 2-B-4 4,483,300.00 2,915,494.58 3,112.93 193,441.89 0.00 0.00 2-B-5 1,494,400.00 971,809.85 1,037.62 64,479.19 0.00 0.00 2-B-6 1,494,535.00 971,897.64 1,037.71 64,485.02 0.00 0.00 Totals 1,807,197,590.00 357,939,965.72 377,117.30 44,029,285.50 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 1-A-1 2,552,356.73 32,921,492.31 0.14976003 2,552,356.73 1-X-1 0.00 0.00 0.00000000 0.00 1-A-2 881,268.95 5,372,193.82 0.09195152 881,268.95 1-A-3 7,123.97 3,853,973.14 0.18860129 7,123.97 2-A-1 26,326,522.60 164,031,297.32 0.16737887 26,326,522.60 2-A-2A 0.00 0.00 0.00000000 0.00 2-A-2B 0.00 0.00 0.00000000 0.00 2-A-2C 13,016,781.07 81,102,981.87 0.55603801 13,016,781.07 2-X-2 0.00 0.00 0.00000000 0.00 1-B-1 103,994.00 2,708,448.05 0.57730961 103,994.00 1-B-2 86,657.60 2,256,934.20 0.57730961 86,657.60 1-B-3 45,064.44 1,173,670.44 0.57730961 45,064.44 1-B-4 31,199.31 812,563.28 0.57730961 31,199.31 1-B-5 24,263.42 631,923.10 0.57730961 24,263.42 1-B-6 20,802.23 541,778.90 0.57730941 20,802.23 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 R-X 0.00 0.00 0.00000000 0.00 2-B-1 524,147.65 7,250,526.22 0.60645947 524,147.65 2-B-2 229,313.23 3,172,086.27 0.60645947 229,313.23 2-B-3 229,313.23 3,172,086.27 0.60645947 229,313.23 2-B-4 196,554.82 2,718,939.75 0.60645947 196,554.82 2-B-5 65,516.81 906,293.04 0.60645948 65,516.81 2-B-6 65,522.73 906,374.91 0.60645947 65,522.73 Totals 44,406,402.79 313,533,562.89 0.17349158 44,406,402.79
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 219,828,300.00 161.37071087 0.16184754 11.44883557 0.00000000 1-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-2 58,424,200.00 107.03548838 0.07943883 15.00453237 0.00000000 1-A-3 20,434,500.00 188.94991901 0.21003010 0.13859502 0.00000000 2-A-1 980,000,000.00 194.24267340 0.20739657 26.65640200 0.00000000 2-A-2A 197,774,400.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 140,914,200.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2C 145,858,700.00 645.28041824 0.68897810 88.55342616 0.00000000 2-X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-B-1 4,691,500.00 599.47608441 0.57626559 21.59020569 0.00000000 1-B-2 3,909,400.00 599.47608329 0.57626490 21.59020566 0.00000000 1-B-3 2,033,000.00 599.47608460 0.57626660 21.59020659 0.00000000 1-B-4 1,407,500.00 599.47608526 0.57626288 21.59020249 0.00000000 1-B-5 1,094,600.00 599.47608259 0.57626530 21.59020647 0.00000000 1-B-6 938,455.00 599.47586192 0.57626631 21.59019878 0.00000000 R-1 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 11,955,500.00 650.30102296 0.69433901 43.14721174 0.00000000 2-B-2 5,230,500.00 650.30102285 0.69433897 43.14721155 0.00000000 2-B-3 5,230,500.00 650.30102285 0.69433897 43.14721155 0.00000000 2-B-4 4,483,300.00 650.30102380 0.69433899 43.14721076 0.00000000 2-B-5 1,494,400.00 650.30102382 0.69433887 43.14720958 0.00000000 2-B-6 1,494,535.00 650.30102340 0.69433637 43.14721301 0.00000000 2) All Senior Classes are per $1,000 denomination, all Offered Subordinate Classes are $25,000
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A-1 0.00000000 11.61068311 149.76002776 0.14976003 11.61068311 1-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-2 0.00000000 15.08397120 91.95151701 0.09195152 15.08397120 1-A-3 0.00000000 0.34862463 188.60129389 0.18860129 0.34862463 2-A-1 0.00000000 26.86379857 167.37887482 0.16737887 26.86379857 2-A-2A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2C 0.00000000 89.24240426 556.03801398 0.55603801 89.24240426 2-X-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-B-1 0.00000000 22.16647128 577.30961313 0.57730961 22.16647128 1-B-2 0.00000000 22.16647056 577.30961273 0.57730961 22.16647056 1-B-3 0.00000000 22.16647319 577.30961141 0.57730961 22.16647319 1-B-4 0.00000000 22.16647247 577.30961279 0.57730961 22.16647247 1-B-5 0.00000000 22.16647177 577.30961082 0.57730961 22.16647177 1-B-6 0.00000000 22.16646509 577.30940748 0.57730941 22.16646509 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 0.00000000 43.84154991 606.45947221 0.60645947 43.84154991 2-B-2 0.00000000 43.84155052 606.45947233 0.60645947 43.84155052 2-B-3 0.00000000 43.84155052 606.45947233 0.60645947 43.84155052 2-B-4 0.00000000 43.84154975 606.45947182 0.60645947 43.84154975 2-B-5 0.00000000 43.84154845 606.45947537 0.60645948 43.84154845 2-B-6 0.00000000 43.84154938 606.45947402 0.60645947 43.84154938 (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 1-A-1 219,828,300.00 6.97658% 35,473,849.04 206,238.48 0.00 0.00 1-X-1 0.00 0.50600% 35,473,849.04 14,958.14 0.00 0.00 1-A-2 58,424,200.00 8.13415% 6,253,462.78 42,388.82 0.00 0.00 1-A-3 20,434,500.00 7.94775% 3,861,097.12 25,572.51 0.00 0.00 2-A-1 980,000,000.00 6.87508% 190,357,819.93 1,090,604.12 0.00 0.00 2-A-2A 197,774,400.00 5.61408% 0.00 0.00 0.00 0.00 2-A-2B 140,914,200.00 5.81408% 0.00 0.00 0.00 0.00 2-A-2C 145,858,700.00 5.95000% 94,119,762.94 466,677.16 0.00 0.00 2-X-2 0.00 0.92508% 94,119,762.94 72,556.80 0.00 0.00 1-B-1 4,691,500.00 7.63494% 2,812,442.05 17,894.02 0.00 0.00 1-B-2 3,909,400.00 7.63494% 2,343,591.80 14,910.98 0.00 0.00 1-B-3 2,033,000.00 7.63494% 1,218,734.88 7,754.14 0.00 0.00 1-B-4 1,407,500.00 7.63494% 843,762.59 5,368.40 0.00 0.00 1-B-5 1,094,600.00 7.63494% 656,186.52 4,174.95 0.00 0.00 1-B-6 938,455.00 7.63494% 562,581.12 3,579.39 0.00 0.00 R-1 50.00 7.48258% 0.00 0.00 0.00 0.00 R-2 50.00 7.48258% 0.00 0.00 0.00 0.00 R-X 0.00 0.00000% 0.00 0.00 0.00 0.00 2-B-1 11,955,500.00 6.87508% 7,774,673.88 44,542.91 0.00 0.00 2-B-2 5,230,500.00 6.87508% 3,401,399.50 19,487.41 0.00 0.00 2-B-3 5,230,500.00 6.87508% 3,401,399.50 19,487.41 0.00 0.00 2-B-4 4,483,300.00 6.87508% 2,915,494.58 16,703.54 0.00 0.00 2-B-5 1,494,400.00 6.87508% 971,809.85 5,567.72 0.00 0.00 2-B-6 1,494,535.00 6.87508% 971,897.64 5,568.23 0.00 0.00 Totals 1,807,197,590.00 2,084,035.13 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 1-A-1 0.00 0.00 206,238.48 0.00 32,921,492.31 1-X-1 0.00 0.00 14,958.14 0.00 32,921,492.31 1-A-2 0.00 0.00 42,388.82 0.00 5,372,193.82 1-A-3 0.00 0.00 25,572.51 0.00 3,853,973.14 2-A-1 0.00 0.00 1,090,604.12 0.00 164,031,297.32 2-A-2A 0.00 0.00 0.00 0.00 0.00 2-A-2B 0.00 0.00 0.00 0.00 0.00 2-A-2C 0.00 0.00 466,677.16 0.00 81,102,981.87 2-X-2 0.00 0.00 72,556.80 0.00 81,102,981.87 1-B-1 0.00 0.00 17,894.02 0.00 2,708,448.05 1-B-2 0.00 0.00 14,910.98 0.00 2,256,934.20 1-B-3 0.00 0.00 7,754.14 0.00 1,173,670.44 1-B-4 0.00 0.00 5,368.40 0.00 812,563.28 1-B-5 0.00 0.00 4,174.95 0.00 631,923.10 1-B-6 0.00 0.00 3,579.39 0.00 541,778.90 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 R-X 0.00 0.00 1,729.06 0.00 0.00 2-B-1 0.00 0.00 44,542.91 0.00 7,250,526.22 2-B-2 0.00 0.00 19,487.41 0.00 3,172,086.27 2-B-3 0.00 0.00 19,487.41 0.00 3,172,086.27 2-B-4 0.00 0.00 16,703.54 0.00 2,718,939.75 2-B-5 0.00 0.00 5,567.72 0.00 906,293.04 2-B-6 0.00 0.00 5,568.23 0.00 906,374.91 Totals 0.00 0.00 2,085,764.19 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 1-A-1 219,828,300.00 6.97658% 161.37071087 0.93817984 0.00000000 0.00000000 1-X-1 0.00 0.50600% 161.37071087 0.06804465 0.00000000 0.00000000 1-A-2 58,424,200.00 8.13415% 107.03548838 0.72553531 0.00000000 0.00000000 1-A-3 20,434,500.00 7.94775% 188.94991901 1.25143801 0.00000000 0.00000000 2-A-1 980,000,000.00 6.87508% 194.24267340 1.11286135 0.00000000 0.00000000 2-A-2A 197,774,400.00 5.61408% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 140,914,200.00 5.81408% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2C 145,858,700.00 5.95000% 645.28041824 3.19951542 0.00000000 0.00000000 2-X-2 0.00 0.92508% 194.24267340 0.14974142 0.00000000 0.00000000 1-B-1 4,691,500.00 7.63494% 599.47608441 3.81413620 0.00000000 0.00000000 1-B-2 3,909,400.00 7.63494% 599.47608329 3.81413516 0.00000000 0.00000000 1-B-3 2,033,000.00 7.63494% 599.47608460 3.81413674 0.00000000 0.00000000 1-B-4 1,407,500.00 7.63494% 599.47608526 3.81413854 0.00000000 0.00000000 1-B-5 1,094,600.00 7.63494% 599.47608259 3.81413302 0.00000000 0.00000000 1-B-6 938,455.00 7.63494% 599.47586192 3.81413067 0.00000000 0.00000000 R-1 50.00 7.48258% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 7.48258% 0.00000000 0.00000000 0.00000000 0.00000000 R-X 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 11,955,500.00 6.87508% 650.30102296 3.72572540 0.00000000 0.00000000 2-B-2 5,230,500.00 6.87508% 650.30102285 3.72572603 0.00000000 0.00000000 2-B-3 5,230,500.00 6.87508% 650.30102285 3.72572603 0.00000000 0.00000000 2-B-4 4,483,300.00 6.87508% 650.30102380 3.72572435 0.00000000 0.00000000 2-B-5 1,494,400.00 6.87508% 650.30102382 3.72572270 0.00000000 0.00000000 2-B-6 1,494,535.00 6.87508% 650.30102340 3.72572740 0.00000000 0.00000000 5) All Senior Classes are per $1,000 denomination, all Offered Subordinate Classes are $25,000 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 1-A-1 0.00000000 0.00000000 0.93817984 0.00000000 149.76002776 1-X-1 0.00000000 0.00000000 0.06804465 0.00000000 149.76002776 1-A-2 0.00000000 0.00000000 0.72553531 0.00000000 91.95151701 1-A-3 0.00000000 0.00000000 1.25143801 0.00000000 188.60129389 2-A-1 0.00000000 0.00000000 1.11286135 0.00000000 167.37887482 2-A-2A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2C 0.00000000 0.00000000 3.19951542 0.00000000 556.03801398 2-X-2 0.00000000 0.00000000 0.14974142 0.00000000 167.37887482 1-B-1 0.00000000 0.00000000 3.81413620 0.00000000 577.30961313 1-B-2 0.00000000 0.00000000 3.81413516 0.00000000 577.30961273 1-B-3 0.00000000 0.00000000 3.81413674 0.00000000 577.30961141 1-B-4 0.00000000 0.00000000 3.81413854 0.00000000 577.30961279 1-B-5 0.00000000 0.00000000 3.81413302 0.00000000 577.30961082 1-B-6 0.00000000 0.00000000 3.81413067 0.00000000 577.30940748 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 0.00000000 0.00000000 3.72572540 0.00000000 606.45947221 2-B-2 0.00000000 0.00000000 3.72572603 0.00000000 606.45947233 2-B-3 0.00000000 0.00000000 3.72572603 0.00000000 606.45947233 2-B-4 0.00000000 0.00000000 3.72572435 0.00000000 606.45947182 2-B-5 0.00000000 0.00000000 3.72572270 0.00000000 606.45947537 2-B-6 0.00000000 0.00000000 3.72572740 0.00000000 606.45947402 (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 46,548,973.00 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 52,360.32 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 46,601,333.32 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 109,166.34 Payment of Interest and Principal 46,492,166.98 Total Withdrawals (Pool Distribution Amount) 46,601,333.32 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 74,570.83 Supplemental PMI 34,595.51 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 109,166.34
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 11 1 0 0 12 4,139,574.62 272,150.07 0.00 0.00 4,411,724.69 60 Days 2 0 0 0 2 710,312.92 0.00 0.00 0.00 710,312.92 90 Days 1 0 0 0 1 348,114.01 0.00 0.00 0.00 348,114.01 120 Days 1 0 0 0 1 475,935.93 0.00 0.00 0.00 475,935.93 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 3 0 3 0.00 0.00 1,555,470.83 0.00 1,555,470.83 Totals 15 1 3 0 19 5,673,937.48 272,150.07 1,555,470.83 0.00 7,501,558.38 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 1.331719% 0.121065% 0.000000% 0.000000% 1.452785% 1.318955% 0.086713% 0.000000% 0.000000% 1.405667% 60 Days 0.242131% 0.000000% 0.000000% 0.000000% 0.242131% 0.226321% 0.000000% 0.000000% 0.000000% 0.226321% 90 Days 0.121065% 0.000000% 0.000000% 0.000000% 0.121065% 0.110916% 0.000000% 0.000000% 0.000000% 0.110916% 120 Days 0.121065% 0.000000% 0.000000% 0.000000% 0.121065% 0.151643% 0.000000% 0.000000% 0.000000% 0.151643% 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% 0.363196% 0.000000% 0.363196% 0.000000% 0.000000% 0.495605% 0.000000% 0.495605% Totals 1.815981% 0.121065% 0.363196% 0.000000% 2.300242% 1.807835% 0.086713% 0.495605% 0.000000% 2.390153% Delinquencies are stratified according to the information the Servicer has provided. All 90 day delinquencies reported are 90+ day delinquencies.
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 1 0 0 0 1 286,028.49 0.00 0.00 0.00 286,028.49 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 1 0 1 0.00 0.00 476,343.45 0.00 476,343.45 Totals 1 0 1 0 2 286,028.49 0.00 476,343.45 0.00 762,371.94 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 1.000000% 0.000000% 0.000000% 0.000000% 1.000000% 0.732411% 0.000000% 0.000000% 0.000000% 0.732411% 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% 1.000000% 0.000000% 1.000000% 0.000000% 0.000000% 1.219736% 0.000000% 1.219736% Totals 1.000000% 0.000000% 1.000000% 0.000000% 2.000000% 0.732411% 0.000000% 1.219736% 0.000000% 1.952148% 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 1 0 0 0 1 340,814.76 0.00 0.00 0.00 340,814.76 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 1 0 0 0 1 340,814.76 0.00 0.00 0.00 340,814.76 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 7.142857% 0.000000% 0.000000% 0.000000% 7.142857% 4.970988% 0.000000% 0.000000% 0.000000% 4.970988% 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 7.142857% 0.000000% 0.000000% 0.000000% 7.142857% 4.970988% 0.000000% 0.000000% 0.000000% 4.970988% 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 10 1 0 0 11 3,798,759.86 272,150.07 0.00 0.00 4,070,909.93 60 Days 1 0 0 0 1 424,284.43 0.00 0.00 0.00 424,284.43 90 Days 1 0 0 0 1 348,114.01 0.00 0.00 0.00 348,114.01 120 Days 1 0 0 0 1 475,935.93 0.00 0.00 0.00 475,935.93 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 2 0 2 0.00 0.00 1,079,127.38 0.00 1,079,127.38 Totals 13 1 2 0 16 5,047,094.23 272,150.07 1,079,127.38 0.00 6,398,371.68 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.422475% 0.142248% 0.000000% 0.000000% 1.564723% 1.441472% 0.103270% 0.000000% 0.000000% 1.544742% 60 Days 0.142248% 0.000000% 0.000000% 0.000000% 0.142248% 0.160998% 0.000000% 0.000000% 0.000000% 0.160998% 90 Days 0.142248% 0.000000% 0.000000% 0.000000% 0.142248% 0.132095% 0.000000% 0.000000% 0.000000% 0.132095% 120 Days 0.142248% 0.000000% 0.000000% 0.000000% 0.142248% 0.180598% 0.000000% 0.000000% 0.000000% 0.180598% 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% 0.284495% 0.000000% 0.284495% 0.000000% 0.000000% 0.409484% 0.000000% 0.409484% Totals 1.849218% 0.142248% 0.284495% 0.000000% 2.275960% 1.915163% 0.103270% 0.409484% 0.000000% 2.427917%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 52,360.32
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 7.352746% Weighted Average Net Coupon 7.102746% Weighted Average Pass-Through Rate 6.986764% Weighted Average Maturity(Stepdown Calculation ) 333 Beginning Scheduled Collateral Loan Count 944 Number Of Loans Paid In Full 118 Ending Scheduled Collateral Loan Count 826 Beginning Scheduled Collateral Balance 357,939,965.99 Ending Scheduled Collateral Balance 313,533,563.20 Ending Actual Collateral Balance at 30-Sep-2002 313,852,656.32 Monthly P &I Constant 2,570,318.79 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 313,533,563.20 Scheduled Principal 377,117.29 Unscheduled Principal 44,029,285.50
Group Level Collateral Statement Group Group 1 Group 1 Group 1 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.732581 8.384147 8.197745 Weighted Average Net Rate 7.482581 8.134147 7.947745 Weighted Average Maturity 332 337 337 Beginning Loan Count 108 17 9 Loans Paid In Full 8 3 0 Ending Loan Count 100 14 9 Beginning Scheduled Balance 41,780,140.23 7,831,867.58 4,413,700.11 Ending scheduled Balance 39,016,012.42 6,851,192.10 4,405,772.75 Record Date 09/30/2002 09/30/2002 09/30/2002 Principal And Interest Constant 311,127.18 60,532.21 35,058.10 Scheduled Principal 41,903.59 5,812.60 4,906.11 Unscheduled Principal 2,722,224.22 974,862.88 3,021.25 Scheduled Interest 269,223.59 54,719.61 30,151.99 Servicing Fees 8,704.20 1,631.64 919.52 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 0.00 0.00 0.00 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 260,519.39 53,087.97 29,232.47 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 Pass-Through Rate 7.482581 8.134147 7.947745
Group Level Collateral Statement Group Group 2 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.261678 7.352746 Weighted Average Net Rate 7.011678 7.102746 Weighted Average Maturity 329 333 Beginning Loan Count 810 944 Loans Paid In Full 107 118 Ending Loan Count 703 826 Beginning Scheduled Balance 303,914,258.07 357,939,965.99 Ending scheduled Balance 263,260,585.93 313,533,563.20 Record Date 09/30/2002 09/30/2002 Principal And Interest Constant 2,163,601.30 2,570,318.79 Scheduled Principal 324,494.99 377,117.29 Unscheduled Principal 40,329,177.15 44,029,285.50 Scheduled Interest 1,839,106.31 2,193,201.50 Servicing Fees 63,315.47 74,570.83 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 34,595.51 34,595.51 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 1,741,195.33 2,084,035.16 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.875078 6.986764
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