-----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, Ux1JjxDeaTW1Sipz64V6jVNpTTGR4AlLN6GmHmIcho8Ay3PUBdYzhWxNGEdsFNwE 1M7tWyyOfJnewJAgb9i39A== 0001056404-02-001492.txt : 20021206 0001056404-02-001492.hdr.sgml : 20021206 20021206093509 ACCESSION NUMBER: 0001056404-02-001492 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021125 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEAR STEARNS ARM TRUST MORTGAGE PASS-THRO CERT SERIES 2001-3 CENTRAL INDEX KEY: 0001144325 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: 333-51279-14 FILM NUMBER: 02850296 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 bst01003.txt NOVEMBER 8K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 25, 2002 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2001-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-51279-14 90-0031697 Pooling and Servicing Agreement) (Commission 90-0042365 (State or other File Number) 90-0031963 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On November 25, 2002 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 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 November 25, 2002 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2001-3 Trust By: Wells Fargo Bank Minnesota, N.A. as Securities Administrator By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 12/3/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-3 Trust, relating to the November 25, 2002 distribution. EX-99.1
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 10/31/02 Distribution Date: 11/25/02 BST 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 I-A 07384MDD1 SEN 6.53582% 9,745,486.57 52,675.03 2,418,355.47 R-I 07384MDE9 RES 6.42074% 0.00 0.00 0.00 R-II 07384MDF6 RES 6.51569% 0.00 0.00 0.00 R-III 07384MDG4 RES 6.51569% 0.00 0.00 0.00 II-A-1 07384MDH2 SEN 5.39574% 0.00 0.00 0.00 II-A-2 07384MDJ8 SEN 5.89574% 0.00 0.00 0.00 II-A-3 07384MDK5 SEN 5.95000% 134,997,295.27 664,267.85 22,465,683.25 II-A-4 07384MEH1 SEN 6.31568% 1,000.00 5.22 0.00 II-X 07384MDL3 SEN 0.36568% 0.00 40,824.81 0.00 III-A 07384MDM1 SEN 6.64890% 71,340,319.83 392,270.99 12,155,838.95 IV-A 07384MDN9 SEN 6.90938% 26,565,570.06 151,795.69 2,702,243.64 V-A 07384MDP4 SEN 6.68333% 28,894,029.82 159,699.07 5,663,696.42 VI-A 07384MDQ2 SEN 6.51155% 16,114,494.60 86,776.52 2,478,579.12 B-1 07384MDR0 SUB 6.48364% 7,347,902.42 39,398.86 609,162.82 B-2 07384MDS8 SUB 6.48364% 4,133,106.96 22,161.39 342,646.78 B-3 07384MDT6 SUB 6.48364% 2,755,428.15 14,774.38 228,433.13 B-4 07384MDV1 SUB 6.48364% 1,836,975.61 9,849.72 152,290.70 B-5 07384MDW9 SUB 6.48364% 918,523.06 4,925.05 76,148.28 B-6 07384MDX7 SUB 6.48364% 1,377,855.06 7,387.95 114,228.25 Totals 306,027,987.41 1,646,812.53 49,407,306.81
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 7,327,131.09 2,471,030.50 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 II-A-1 0.00 0.00 0.00 0.00 II-A-2 0.00 0.00 0.00 0.00 II-A-3 0.00 112,531,612.02 23,129,951.10 0.00 II-A-4 0.00 1,000.00 5.22 0.00 II-X 0.00 0.00 40,824.81 0.00 III-A 0.00 59,184,480.88 12,548,109.94 0.00 IV-A 0.00 23,863,326.42 2,854,039.33 0.00 V-A 0.00 23,230,333.40 5,823,395.49 0.00 VI-A 0.00 13,635,915.49 2,565,355.64 0.00 B-1 0.00 6,738,739.60 648,561.68 0.00 B-2 0.00 3,790,460.19 364,808.17 0.00 B-3 0.00 2,526,995.01 243,207.51 0.00 B-4 0.00 1,684,684.90 162,140.42 0.00 B-5 0.00 842,374.79 81,073.33 0.00 B-6 0.00 1,263,626.80 121,616.20 0.00 Totals 0.00 256,620,680.59 51,054,119.34 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) I-A 88,092,600.00 9,745,486.57 9,775.73 2,408,579.75 0.00 0.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 R-III 50.00 0.00 0.00 0.00 0.00 0.00 II-A-1 324,215,300.00 0.00 0.00 0.00 0.00 0.00 II-A-2 195,305,700.00 0.00 0.00 0.00 0.00 0.00 II-A-3 146,706,600.00 134,997,295.27 137,298.85 22,328,384.40 0.00 0.00 II-A-4 1,000.00 1,000.00 0.00 0.00 0.00 0.00 II-X 0.00 0.00 0.00 0.00 0.00 0.00 III-A 209,616,500.00 71,340,319.83 61,556.84 12,094,282.11 0.00 0.00 IV-A 79,734,300.00 26,565,570.06 22,982.53 2,679,261.12 0.00 0.00 V-A 145,181,800.00 28,894,029.82 26,196.54 5,637,499.88 0.00 0.00 VI-A 87,535,000.00 16,114,494.60 10,528.51 2,468,050.61 0.00 0.00 B-1 10,419,600.00 7,347,902.42 6,935.01 602,227.80 0.00 0.00 B-2 5,860,900.00 4,133,106.96 3,900.86 338,745.91 0.00 0.00 B-3 3,907,300.00 2,755,428.15 2,600.60 225,832.54 0.00 0.00 B-4 2,604,900.00 1,836,975.61 1,733.75 150,556.95 0.00 0.00 B-5 1,302,500.00 918,523.06 866.91 75,281.37 0.00 0.00 B-6 1,953,851.00 1,377,855.06 1,300.43 112,927.82 0.00 0.00 Totals 1,302,438,001.00 306,027,987.41 285,676.56 49,121,630.26 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution I-A 2,418,355.47 7,327,131.09 0.08317533 2,418,355.47 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 II-A-1 0.00 0.00 0.00000000 0.00 II-A-2 0.00 0.00 0.00000000 0.00 II-A-3 22,465,683.25 112,531,612.02 0.76705214 22,465,683.25 II-A-4 0.00 1,000.00 1.00000000 0.00 II-X 0.00 0.00 0.00000000 0.00 III-A 12,155,838.95 59,184,480.88 0.28234648 12,155,838.95 IV-A 2,702,243.64 23,863,326.42 0.29928558 2,702,243.64 V-A 5,663,696.42 23,230,333.40 0.16000858 5,663,696.42 VI-A 2,478,579.12 13,635,915.49 0.15577672 2,478,579.12 B-1 609,162.82 6,738,739.60 0.64673688 609,162.82 B-2 342,646.78 3,790,460.19 0.64673688 342,646.78 B-3 228,433.13 2,526,995.01 0.64673688 228,433.13 B-4 152,290.70 1,684,684.90 0.64673688 152,290.70 B-5 76,148.28 842,374.79 0.64673688 76,148.28 B-6 114,228.25 1,263,626.80 0.64673652 114,228.25 Totals 49,407,306.81 256,620,680.59 0.19703101 49,407,306.81
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 88,092,600.00 110.62775500 0.11097107 27.34145377 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 324,215,300.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 195,305,700.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 146,706,600.00 920.18556268 0.93587371 152.19754530 0.00000000 II-A-4 1,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A 209,616,500.00 340.33732950 0.29366410 57.69718562 0.00000000 IV-A 79,734,300.00 333.17618716 0.28823894 33.60236586 0.00000000 V-A 145,181,800.00 199.01964172 0.18043956 38.83062395 0.00000000 VI-A 87,535,000.00 184.09201577 0.12027772 28.19501468 0.00000000 B-1 10,419,600.00 705.20004799 0.66557353 57.79759300 0.00000000 B-2 5,860,900.00 705.20004777 0.66557355 57.79759252 0.00000000 B-3 3,907,300.00 705.20004863 0.66557469 57.79759425 0.00000000 B-4 2,604,900.00 705.20004991 0.66557257 57.79759300 0.00000000 B-5 1,302,500.00 705.20004607 0.66557390 57.79759693 0.00000000 B-6 1,953,851.00 705.19965954 0.66557276 57.79755979 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 I-A 0.00000000 27.45242472 83.17533016 0.08317533 27.45242472 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 0.00000000 153.13341901 767.05214367 0.76705214 153.13341901 II-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A 0.00000000 57.99084972 282.34647979 0.28234648 57.99084972 IV-A 0.00000000 33.89060467 299.28558249 0.29928558 33.89060467 V-A 0.00000000 39.01106351 160.00857821 0.16000858 39.01106351 VI-A 0.00000000 28.31529240 155.77672348 0.15577672 28.31529240 B-1 0.00000000 58.46316749 646.73688049 0.64673688 58.46316749 B-2 0.00000000 58.46316777 646.73688171 0.64673688 58.46316777 B-3 0.00000000 58.46316638 646.73687969 0.64673688 58.46316638 B-4 0.00000000 58.46316557 646.73688049 0.64673688 58.46316557 B-5 0.00000000 58.46317083 646.73688292 0.64673688 58.46317083 B-6 0.00000000 58.46313255 646.73652187 0.64673652 58.46313255 (3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall I-A 88,092,600.00 6.53582% 9,745,486.57 53,078.95 0.00 0.00 R-I 50.00 6.42074% 0.00 0.00 0.00 0.00 R-II 50.00 6.51569% 0.00 0.00 0.00 0.00 R-III 50.00 6.51569% 0.00 0.00 0.00 0.00 II-A-1 324,215,300.00 5.39574% 0.00 0.00 0.00 0.00 II-A-2 195,305,700.00 5.89574% 0.00 0.00 0.00 0.00 II-A-3 146,706,600.00 5.95000% 134,997,295.27 669,361.59 0.00 0.00 II-A-4 1,000.00 6.31568% 1,000.00 5.26 0.00 0.00 II-X 0.00 0.36568% 134,997,295.27 41,137.86 0.00 0.00 III-A 209,616,500.00 6.64890% 71,340,319.83 395,279.00 0.00 0.00 IV-A 79,734,300.00 6.90938% 26,565,570.06 152,959.69 0.00 0.00 V-A 145,181,800.00 6.68333% 28,894,029.82 160,923.67 0.00 0.00 VI-A 87,535,000.00 6.51155% 16,114,494.60 87,441.94 0.00 0.00 B-1 10,419,600.00 6.48364% 7,347,902.42 39,700.98 0.00 0.00 B-2 5,860,900.00 6.48364% 4,133,106.96 22,331.33 0.00 0.00 B-3 3,907,300.00 6.48364% 2,755,428.15 14,887.68 0.00 0.00 B-4 2,604,900.00 6.48364% 1,836,975.61 9,925.25 0.00 0.00 B-5 1,302,500.00 6.48364% 918,523.06 4,962.81 0.00 0.00 B-6 1,953,851.00 6.48364% 1,377,855.06 7,444.60 0.00 0.00 Totals 1,302,438,001.00 1,659,440.61 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance I-A 403.92 0.00 52,675.03 0.00 7,327,131.09 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 II-A-1 0.00 0.00 0.00 0.00 0.00 II-A-2 0.00 0.00 0.00 0.00 0.00 II-A-3 5,093.74 0.00 664,267.85 0.00 112,531,612.02 II-A-4 0.04 0.00 5.22 0.00 1,000.00 II-X 313.05 0.00 40,824.81 0.00 112,531,612.02 III-A 3,008.01 0.00 392,270.99 0.00 59,184,480.88 IV-A 1,164.00 0.00 151,795.69 0.00 23,863,326.42 V-A 1,224.60 0.00 159,699.07 0.00 23,230,333.40 VI-A 665.42 0.00 86,776.52 0.00 13,635,915.49 B-1 302.12 0.00 39,398.86 0.00 6,738,739.60 B-2 169.94 0.00 22,161.39 0.00 3,790,460.19 B-3 113.29 0.00 14,774.38 0.00 2,526,995.01 B-4 75.53 0.00 9,849.72 0.00 1,684,684.90 B-5 37.77 0.00 4,925.05 0.00 842,374.79 B-6 56.65 0.00 7,387.95 0.00 1,263,626.80 Totals 12,628.08 0.00 1,646,812.53 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall I-A 88,092,600.00 6.53582% 110.62775500 0.60253585 0.00000000 0.00000000 R-I 50.00 6.42074% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 6.51569% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 6.51569% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 324,215,300.00 5.39574% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 195,305,700.00 5.89574% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 146,706,600.00 5.95000% 920.18556268 4.56258675 0.00000000 0.00000000 II-A-4 1,000.00 6.31568% 1000.00000000 5.26000000 0.00000000 0.00000000 II-X 0.00 0.36568% 202.62939462 0.06174746 0.00000000 0.00000000 III-A 209,616,500.00 6.64890% 340.33732950 1.88572464 0.00000000 0.00000000 IV-A 79,734,300.00 6.90938% 333.17618716 1.91836750 0.00000000 0.00000000 V-A 145,181,800.00 6.68333% 199.01964172 1.10842867 0.00000000 0.00000000 VI-A 87,535,000.00 6.51155% 184.09201577 0.99893688 0.00000000 0.00000000 B-1 10,419,600.00 6.48364% 705.20004799 3.81022112 0.00000000 0.00000000 B-2 5,860,900.00 6.48364% 705.20004777 3.81022198 0.00000000 0.00000000 B-3 3,907,300.00 6.48364% 705.20004863 3.81022189 0.00000000 0.00000000 B-4 2,604,900.00 6.48364% 705.20004991 3.81022304 0.00000000 0.00000000 B-5 1,302,500.00 6.48364% 705.20004607 3.81021881 0.00000000 0.00000000 B-6 1,953,851.00 6.48364% 705.19965954 3.81021890 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 I-A 0.00458518 0.00000000 0.59795068 0.00000000 83.17533016 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 0.03472059 0.00000000 4.52786616 0.00000000 767.05214367 II-A-4 0.04000000 0.00000000 5.22000000 0.00000000 1000.00000000 II-X 0.00046988 0.00000000 0.06127757 0.00000000 168.90866127 III-A 0.01435006 0.00000000 1.87137458 0.00000000 282.34647979 IV-A 0.01459849 0.00000000 1.90376902 0.00000000 299.28558249 V-A 0.00843494 0.00000000 1.09999373 0.00000000 160.00857821 VI-A 0.00760176 0.00000000 0.99133512 0.00000000 155.77672348 B-1 0.02899535 0.00000000 3.78122577 0.00000000 646.73688049 B-2 0.02899555 0.00000000 3.78122643 0.00000000 646.73688171 B-3 0.02899445 0.00000000 3.78122489 0.00000000 646.73687969 B-4 0.02899535 0.00000000 3.78122769 0.00000000 646.73688049 B-5 0.02899808 0.00000000 3.78122841 0.00000000 646.73688292 B-6 0.02899402 0.00000000 3.78122487 0.00000000 646.73652187 (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 51,156,418.98 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 42,107.25 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 51,198,526.23 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 144,406.89 Payment of Interest and Principal 51,054,119.34 Total Withdrawals (Pool Distribution Amount) 51,198,526.23 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 12,628.08 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 12,628.08
SERVICING FEES Gross Servicing Fee 111,473.12 Supplemental PMI Insurance Fee 32,933.77 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 144,406.89
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 7 0 0 0 7 3,829,970.79 0.00 0.00 0.00 3,829,970.79 60 Days 2 0 0 0 2 619,650.09 0.00 0.00 0.00 619,650.09 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 1 2 1 1 5 290,612.49 725,931.12 312,267.34 582,161.11 1,910,972.06 Totals 10 2 1 1 14 4,740,233.37 725,931.12 312,267.34 582,161.11 6,360,592.94 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 1.157025% 0.000000% 0.000000% 0.000000% 1.157025% 1.491099% 0.000000% 0.000000% 0.000000% 1.491099% 60 Days 0.330579% 0.000000% 0.000000% 0.000000% 0.330579% 0.241245% 0.000000% 0.000000% 0.000000% 0.241245% 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 0.165289% 0.330579% 0.165289% 0.165289% 0.826446% 0.113142% 0.282622% 0.121573% 0.226649% 0.743987% Totals 1.652893% 0.330579% 0.165289% 0.165289% 2.314050% 1.845486% 0.282622% 0.121573% 0.226649% 2.476331%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 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 2 0 0 0 2 1,370,993.56 0.00 0.00 0.00 1,370,993.56 60 Days 1 0 0 0 1 286,850.19 0.00 0.00 0.00 286,850.19 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 1 2 1 1 5 290,612.49 725,931.12 312,267.34 582,161.11 1,910,972.06 Totals 4 2 1 1 8 1,948,456.24 725,931.12 312,267.34 582,161.11 3,568,815.81 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.711744% 0.000000% 0.000000% 0.000000% 0.711744% 1.129810% 0.000000% 0.000000% 0.000000% 1.129810% 60 Days 0.355872% 0.000000% 0.000000% 0.000000% 0.355872% 0.236388% 0.000000% 0.000000% 0.000000% 0.236388% 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 0.355872% 0.711744% 0.355872% 0.355872% 1.779359% 0.239488% 0.598226% 0.257334% 0.479748% 1.574796% Totals 1.423488% 0.711744% 0.355872% 0.355872% 2.846975% 1.605686% 0.598226% 0.257334% 0.479748% 2.940993% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 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 2 0 0 0 2 672,394.80 0.00 0.00 0.00 672,394.80 60 Days 1 0 0 0 1 332,799.90 0.00 0.00 0.00 332,799.90 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 3 0 0 0 3 1,005,194.70 0.00 0.00 0.00 1,005,194.70 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.226994% 0.000000% 0.000000% 0.000000% 1.226994% 1.080537% 0.000000% 0.000000% 0.000000% 1.080537% 60 Days 0.613497% 0.000000% 0.000000% 0.000000% 0.613497% 0.534809% 0.000000% 0.000000% 0.000000% 0.534809% 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 1.840491% 0.000000% 0.000000% 0.000000% 1.840491% 1.615345% 0.000000% 0.000000% 0.000000% 1.615345% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 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 1 612,445.55 0.00 0.00 0.00 612,445.55 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 1 612,445.55 0.00 0.00 0.00 612,445.55 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.785714% 0.000000% 0.000000% 0.000000% 1.785714% 2.441452% 0.000000% 0.000000% 0.000000% 2.441452% 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 1.785714% 0.000000% 0.000000% 0.000000% 1.785714% 2.441452% 0.000000% 0.000000% 0.000000% 2.441452% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 5 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 1 822,216.19 0.00 0.00 0.00 822,216.19 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 1 822,216.19 0.00 0.00 0.00 822,216.19 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.923077% 0.000000% 0.000000% 0.000000% 1.923077% 3.271114% 0.000000% 0.000000% 0.000000% 3.271114% 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 1.923077% 0.000000% 0.000000% 0.000000% 1.923077% 3.271114% 0.000000% 0.000000% 0.000000% 3.271114% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 6 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 1 351,920.69 0.00 0.00 0.00 351,920.69 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 1 351,920.69 0.00 0.00 0.00 351,920.69 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.448276% 0.000000% 0.000000% 0.000000% 3.448276% 2.398996% 0.000000% 0.000000% 0.000000% 2.398996% 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 3.448276% 0.000000% 0.000000% 0.000000% 3.448276% 2.398996% 0.000000% 0.000000% 0.000000% 2.398996%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 42,107.25
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 1,214,345,401.00 93.23633064% 249,293,549.50 97.14476204% 2.855238% 94.537230% Class R-I 1,214,345,351.00 93.23632680% 249,293,549.50 97.14476204% 0.000000% 0.000000% Class R-II 1,214,345,301.00 93.23632296% 249,293,549.50 97.14476204% 0.000000% 0.000000% Class R-III 1,214,345,251.00 93.23631912% 249,293,549.50 97.14476204% 0.000000% 0.000000% Class 2A1 890,129,951.00 68.34336455% 249,293,549.50 97.14476204% 0.000000% 0.000000% Class 2A2 694,824,251.00 53.34797130% 249,293,549.50 97.14476204% 0.000000% 0.000000% Class 2A3 548,117,651.00 42.08397256% 136,761,937.48 53.29342014% 43.851342% 36.489502% Class 2A4 548,116,651.00 42.08389578% 136,760,937.48 53.29303046% 0.000390% 0.000324% Class 3A 338,500,151.00 25.98973239% 77,576,456.60 30.23000969% 23.063021% 19.191161% Class B-1 15,629,451.00 1.20001497% 10,108,141.69 3.93894275% 2.625953% 2.185104% Class B-2 9,768,551.00 0.75002042% 6,317,681.50 2.46187544% 1.477067% 1.229095% Class B-3 5,861,251.00 0.45002150% 3,790,686.49 1.47715550% 0.984720% 0.819403% Class B-4 3,256,351.00 0.25001966% 2,106,001.59 0.82066714% 0.656488% 0.546276% Class B-5 1,953,851.00 0.15001490% 1,263,626.80 0.49241035% 0.328257% 0.273148% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.492410% 0.409744% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 7.073265% Weighted Average Net Coupon 6.636155% Weighted Average Pass-Through Rate 6.507015% Weighted Average Maturity(Stepdown Calculation ) 339 Beginning Scheduled Collateral Loan Count 716 Number Of Loans Paid In Full 111 Ending Scheduled Collateral Loan Count 605 Beginning Scheduled Collateral Balance 306,027,987.40 Ending Scheduled Collateral Balance 256,620,680.59 Ending Actual Collateral Balance at 31-Oct-2002 256,855,489.54 Monthly P&I Constant 2,089,524.09 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 49,444,584.81 Ending Scheduled Balance for Premium Loans 256,620,680.59 Scheduled Principal 285,676.56 Unscheduled Principal 49,121,630.25
Miscellaneous Reporting Senior Percentage Group I 89.074461% Senior Percentage Group II 93.456725% Senior Percentage Group III 95.616247% Senior Percentage Group IV 95.456697% Senior Percentage Group V 93.282574% Senior Percentage Group VI 93.573009% Senior Prepayment Percentage Group I 94.537230% Senior Prepayment Percentage Group II 96.728363% Senior Prepayment Percentage Group III 97.808124% Senior Prepayment Percentage Group IV 97.728348% Senior Prepayment Percentage Group V 96.641287% Senior Prepayment Percentage Group VI 96.786504% Stop-Loss Amount 19,536,570.00 Subordinate Percentage Group I 10.925539% Subordinate Percentage Group II 6.543275% Subordinate Percentage Group III 4.383753% Subordinate Percentage Group IV 4.543303% Subordinate Percentage Group V 6.717426% Subordinate Percentage Group VI 6.426991% Subordinate Prep. Percentage Group I 5.462770% Subordinate Prep. Percentage Group II 3.271637% Subordinate Prep. Percentage Group III 2.191876% Subordinate Prep. Percentage Group IV 2.271652% Subordinate Prep. Percentage Group V 3.358713% Subordinate Prep. Percentage Group VI 3.213496%
Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.035249 6.991211 7.076620 Weighted Average Net Rate 6.668006 6.438348 6.780100 Weighted Average Maturity 339 139 339 Beginning Loan Count 29 335 193 Loans Paid In Full 6 54 30 Ending Loan Count 23 281 163 Beginning Scheduled Balance 10,940,831.40 144,450,059.44 74,611,085.45 Ending scheduled Balance 8,382,098.73 121,219,551.81 62,181,391.86 Record Date 10/31/2002 10/31/2002 10/31/2002 Principal And Interest Constant 75,117.67 988,479.12 504,374.30 Scheduled Principal 10,974.78 146,911.69 64,379.06 Unscheduled Principal 2,547,757.89 23,083,595.94 12,365,314.53 Scheduled Interest 64,142.89 841,567.43 439,995.24 Servicing Fees 3,348.28 66,551.03 18,436.42 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 1,205.21 14,766.43 8,157.28 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 59,589.40 760,249.97 413,401.54 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 6.535819 6.315677 6.648902
Group Level Collateral Statement Group 4 5 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.393071 7.189713 7.044877 Weighted Average Net Rate 7.044836 6.814713 6.669877 Weighted Average Maturity 329 340 340 Beginning Loan Count 63 63 33 Loans Paid In Full 7 11 4 Ending Loan Count 56 52 29 Beginning Scheduled Balance 27,829,970.02 30,974,734.65 17,221,306.44 Ending scheduled Balance 25,064,354.29 25,113,223.68 14,660,060.22 Record Date 10/31/2002 10/31/2002 10/31/2002 Principal And Interest Constant 195,533.84 213,665.86 112,353.30 Scheduled Principal 24,076.39 28,082.99 11,251.65 Unscheduled Principal 2,741,539.34 5,833,427.98 2,549,994.57 Scheduled Interest 171,457.45 185,582.87 101,101.65 Servicing Fees 8,076.13 9,679.60 5,381.66 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 3,141.45 3,391.23 2,272.17 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 160,239.87 172,512.04 93,447.82 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 6.909380 6.683332 6.511549
Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 7.073265 Weighted Average Net Rate 6.636155 Weighted Average Maturity 339.00 Record Date 10/31/2002 Principal And Interest Constant 2,089,524.09 Beginning Loan Count 716 Loans Paid In Full 112 Ending Loan Count 604 Beginning Scheduled Balance 306,027,987.40 Ending Scheduled Balance 256,620,680.59 Scheduled Principal 285,676.56 Unscheduled Principal 49,121,630.25 Scheduled Interest 1,803,847.53 Servicing Fee 111,473.12 Master Servicing Fee 0.00 Trustee Fee 0.00 Fry Amount 0.00 Special Hazard Fee 0.00 Other Fee 32,933.77 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 1,659,440.64 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.00 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 6.507015
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