-----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, MCwZPi1MNi1F76AQvTi2ba+dWyO121wAUeixT5HJ0jcKYo1OjjMaNusgvngJdtWo Bk6T2leDSfzv6SWm+MzWRw== 0001056404-02-001025.txt : 20020820 0001056404-02-001025.hdr.sgml : 20020820 20020820135120 ACCESSION NUMBER: 0001056404-02-001025 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020817 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020820 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MORGAN STANLEY DEAN WITTER CAP I INC DEP SERIES 2002-HQ CENTRAL INDEX KEY: 0001168964 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 133291626 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-59060-10 FILM NUMBER: 02743714 MAIL ADDRESS: STREET 1: 1585 BROADWAY 2ND FL CITY: NEW YORK STATE: NY ZIP: 10036 8-K 1 mdc02hq.txt AUGUST 8K 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 : August 15, 2002 (Date of earliest event reported) Commission File No.: 333-59060-10 Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates, Series 2002-HQ (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 52-2365588 52-2365589 52-2365590 52-7281892 (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 August 15, 2002 a distribution was made to holders of Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates, Series 2002-HQ. 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 2002-HQ relating to the August 15, 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. Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates Series 2002-HQ By: Wells Fargo Bank Minnesota, N.A., as Paying Agent By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: August 15, 2002 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates Series 2002-HQ, relating to the August 15, 2002 distribution. Wells Fargo Bank Minnesota, N.A. Morgan Stanley Corporate Trust Services Dean Witter Capital I, Inc. 9062 Old Annapolis Rd Commercial Mortgage Pass-Through Certificates Columbia, MD 21045-1951 Series 2002-HQ For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: 08/15/2002 Record Date: 07/31/2002 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 Ratings Detail 6 Current Mortgage Loan and Property Stratification Tables 7 - 9 Mortgage Loan Detail 10 - 12 Principal Prepayment Detail 13 Historical Detail 14 Delinquency Loan Detail 15 Specially Serviced Loan Detail 16 - 17 Modified Loan Detail 18 Liquidated Loan Detail 19 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. Depositor Morgan Stanley Dean Witter Capital I, Inc. 1585 Broadway New York, NY 10036 Contact: General Information Number Phone Number : (212) 761-4700 Master Servicer GMAC Commercial Mortgage Corporation 200 Witmer Road Horsham, PA 19044-8015 Contact: Darri Cunningham Phone Number: (215) 328-1784 Special Servicer GMAC Commercial Mortgage Corporation 550 California Street, 12th Floor San Francisco, CA 94104 Contact: Henry Bieber Phone Number: (415) 835-9200 Copyright 1997, Wells Fargo Bank Minnesota, N.A.
Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Rate Balance Balance Distribution A-1 61746WMT4 4.590000% 150,000,000.00 146,454,014.06 868,660.31 A-2 61746WMU1 6.090000% 180,000,000.00 180,000,000.00 0.00 A-3 61746WMV9 6.510000% 363,674,000.00 363,674,000.00 0.00 B 61746WMW7 6.640000% 32,781,000.00 32,781,000.00 0.00 C 61746WMX5 6.750000% 29,608,000.00 29,608,000.00 0.00 D 61746WND8 7.000775% 7,402,000.00 7,402,000.00 0.00 E 61746WNE6 7.270775% 10,574,000.00 10,574,000.00 0.00 F 61746WNF3 7.340775% 8,460,000.00 8,460,000.00 0.00 G 61746WNG1 7.600775% 8,459,000.00 8,459,000.00 0.00 H 61746WNH9 6.090000% 14,804,000.00 14,804,000.00 0.00 J 61746WNJ5 6.090000% 6,345,000.00 6,345,000.00 0.00 K 61746WNK2 6.090000% 6,344,000.00 6,344,000.00 0.00 L 61746WNL0 6.090000% 8,460,000.00 8,460,000.00 0.00 M 61746WNM8 6.090000% 6,344,000.00 6,344,000.00 0.00 N 61746WNN6 6.090000% 2,115,000.00 2,115,000.00 0.00 O 61746WNP1 6.090000% 10,575,104.00 10,575,104.00 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 R-III N/A 0.000000% 0.00 0.00 0.00 845,945,104.00 842,399,118.06 868,660.31
Class CUSIP Interest Prepayment Realized Loss/ Total Current Distribution Penalties Additional Trust Distribution Ending Balance Subordination Fund Expenses Level(1) A-1 61746WMT4 560,186.60 0.00 0.00 1,428,846.91 145,585,353.75 18.09% A-2 61746WMU1 913,500.00 0.00 0.00 913,500.00 180,000,000.00 18.09% A-3 61746WMV9 1,972,931.45 0.00 0.00 1,972,931.45 363,674,000.00 18.09% B 61746WMW7 181,388.20 0.00 0.00 181,388.20 32,781,000.00 14.20% C 61746WMX5 166,545.00 0.00 0.00 166,545.00 29,608,000.00 10.68% D 61746WND8 43,183.11 0.00 0.00 43,183.11 7,402,000.00 9.80% E 61746WNE6 64,067.65 0.00 0.00 64,067.65 10,574,000.00 8.54% F 61746WNF3 51,752.46 0.00 0.00 51,752.46 8,460,000.00 7.54% G 61746WNG1 53,579.13 0.00 0.00 53,579.13 8,459,000.00 6.53% H 61746WNH9 75,130.30 0.00 0.00 75,130.30 14,804,000.00 4.78% J 61746WNJ5 32,200.88 0.00 0.00 32,200.88 6,345,000.00 4.02% K 61746WNK2 32,195.80 0.00 0.00 32,195.80 6,344,000.00 3.27% L 61746WNL0 42,934.50 0.00 0.00 42,934.50 8,460,000.00 2.26% M 61746WNM8 32,195.80 0.00 0.00 32,195.80 6,344,000.00 1.51% N 61746WNN6 10,733.63 0.00 0.00 10,733.63 2,115,000.00 1.26% O 61746WNP1 53,668.65 0.00 0.00 53,668.65 10,575,104.00 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% R-III N/A 0.00 0.00 0.00 0.00 0.00 0.00% 4,286,193.16 0.00 0.00 5,154,853.47 841,530,457.75
Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount X-1 61746WNB2 0.688515% 845,945,104.00 842,399,118.06 X-2 61746WNC0 1.118438% 607,499,000.00 607,499,000.00
Ending Interest Prepayment Total Notional Class CUSIP Distribution Penalties Distribution Amount X-1 61746WNB2 483,337.19 0.00 483,337.19 841,530,457.75 X-2 61746WNC0 566,208.19 0.00 566,208.19 607,499,000.00 (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 ending certificate balance of all classes which are not subordinate to the designated class and dividing the result by (A).
Certificate Factor Detail Prepayment Realized Loss/ Ending Beginning Principal Interest Penalties Additional Trust Balance Class CUSIP Balance Distribution Distribution Fund Expenses A-1 61746WMT4 976.36009373 5.79106873 3.73457733 0.00000000 0.00000000 970.56902500 A-2 61746WMU1 1,000.00000000 0.00000000 5.07500000 0.00000000 0.00000000 1,000.00000000 A-3 61746WMV9 1,000.00000000 0.00000000 5.42500000 0.00000000 0.00000000 1,000.00000000 B 61746WMW7 1,000.00000000 0.00000000 5.53333333 0.00000000 0.00000000 1,000.00000000 C 61746WMX5 1,000.00000000 0.00000000 5.62500000 0.00000000 0.00000000 1,000.00000000 D 61746WND8 1,000.00000000 0.00000000 5.83397865 0.00000000 0.00000000 1,000.00000000 E 61746WNE6 1,000.00000000 0.00000000 6.05897957 0.00000000 0.00000000 1,000.00000000 F 61746WNF3 1,000.00000000 0.00000000 6.11731206 0.00000000 0.00000000 1,000.00000000 G 61746WNG1 1,000.00000000 0.00000000 6.33397919 0.00000000 0.00000000 1,000.00000000 H 61746WNH9 1,000.00000000 0.00000000 5.07500000 0.00000000 0.00000000 1,000.00000000 J 61746WNJ5 1,000.00000000 0.00000000 5.07500079 0.00000000 0.00000000 1,000.00000000 K 61746WNK2 1,000.00000000 0.00000000 5.07500000 0.00000000 0.00000000 1,000.00000000 L 61746WNL0 1,000.00000000 0.00000000 5.07500000 0.00000000 0.00000000 1,000.00000000 M 61746WNM8 1,000.00000000 0.00000000 5.07500000 0.00000000 0.00000000 1,000.00000000 N 61746WNN6 1,000.00000000 0.00000000 5.07500236 0.00000000 0.00000000 1,000.00000000 O 61746WNP1 1,000.00000000 0.00000000 5.07499974 0.00000000 0.00000000 1,000.00000000 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 R-III 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 X-1 61746WNB2 995.80825526 0.57135763 0.00000000 994.78140339 X-2 61746WNC0 1,000.00000000 0.93203148 0.00000000 1,000.00000000
Reconciliation Detail Advance Summary P & I Advances Outstanding 0.00 Servicing Advances Outstanding 39,017.42 Reimbursement for Interest on Advances 0.00 paid from general collections
Servicing Fee Summary Current Period Accrued Servicing Fees 54,136.17 Less Delinquent Servicing Fees 0.00 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 1,988.47 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 56,124.64
Certificate Interest Reconciliation Class Accrued Net Aggregate Previously Distributable Distributable Certificate Prepayment Realized Unpaid Interest Certificate Certificate Remaining Interest Interest Losses/ (including Interest Interest Interest Unpaid Shortfall Expense Losses interest thereon) Adjustment Distribution Interest A-1 560,186.60 0.00 0.00 0.00 560,186.60 0.00 560,186.60 0.00 A-2 913,500.00 0.00 0.00 0.00 913,500.00 0.00 913,500.00 0.00 A-3 1,972,931.45 0.00 0.00 0.00 1,972,931.45 0.00 1,972,931.45 0.00 X-1 483,337.19 0.00 0.00 0.00 483,337.19 0.00 483,337.19 0.00 X-2 566,208.19 0.00 0.00 0.00 566,208.19 0.00 566,208.19 0.00 B 181,388.20 0.00 0.00 0.00 181,388.20 0.00 181,388.20 0.00 C 166,545.00 0.00 0.00 0.00 166,545.00 0.00 166,545.00 0.00 D 43,183.11 0.00 0.00 0.00 43,183.11 0.00 43,183.11 0.00 E 64,067.65 0.00 0.00 0.00 64,067.65 0.00 64,067.65 0.00 F 51,752.46 0.00 0.00 0.00 51,752.46 0.00 51,752.46 0.00 G 53,579.13 0.00 0.00 0.00 53,579.13 0.00 53,579.13 0.00 H 75,130.30 0.00 0.00 0.00 75,130.30 0.00 75,130.30 0.00 J 32,200.88 0.00 0.00 0.00 32,200.88 0.00 32,200.88 0.00 K 32,195.80 0.00 0.00 0.00 32,195.80 0.00 32,195.80 0.00 L 42,934.50 0.00 0.00 0.00 42,934.50 0.00 42,934.50 0.00 M 32,195.80 0.00 0.00 0.00 32,195.80 0.00 32,195.80 0.00 N 10,733.63 0.00 0.00 0.00 10,733.63 0.00 10,733.63 0.00 O 53,668.65 0.00 0.00 0.00 53,668.65 0.00 53,668.65 0.00 Total 5,335,738.54 0.00 0.00 0.00 5,335,738.54 0.00 5,335,738.54 0.00
Other Required Information Available Distribution Amount (1) 6,204,398.85 Principal Distribution Amount 868,660.29 (a) Principal portion of Scheduled Payments 868,660.29 and any Assumed Scheduled Payments (b) Principal Prepayments 0.00 (c) Principal Portion of Balloon Payments 0.00 (d) Liquidation, Condemnation, Purchase, 0.00 and Insurance Proceeds and REO Income Received on a Mortgage Loan Aggregate Number of Outstanding Mortgage Loans 85.00 Aggregate Unpaid Principal Balance of the Mortgage Loans 841,530,458.05 Aggregate Scheduled Principal Balance of the Mortgage Loans 841,530,458.05 Interest Reserve Account Deposits 0.00 Withdrawals 0.00 Total Servicing and Special Servicing Fee Paid 56,124.64 Servicing Fee paid 56,124.64 Special Servicing Fee paid 0.00 Trustee Fee Paid 1,934.48 (1) The Available Distribution Amount includes any Prepayment Premiums. Expense Losses (Additional Trust Fund Expenses) 0.00 (i) Special Servicing and Liquidation Fees 0.00 (ii) Advance Interest 0.00 (iii) Indemnification Expenses 0.00 (iv) Taxes Imposed on the Trust 0.00 (v) Amount of any Advance not Recovered 0.00 upon a Final Recovery Determination
Appraisal Reductions Appraisal Cumulative Date Appraisal Loan Reduction ASER Reduction Number Amount Amount Effected None Total
Ratings Detail Original Ratings Current Ratings(1) Class Cusip Fitch Moody's S&P Fitch Moody's S&P A-1 61746WMT4 X Aaa AAA X Aaa AAA A-2 61746WMU1 X Aaa AAA X Aaa AAA A-3 61746WMV9 X Aaa AAA X Aaa AAA X-1 61746WNB2 X Aaa AAA X Aaa AAA X-2 61746WNC0 X Aaa AAA X Aaa AAA B 61746WMW7 X Aa2 AA X Aa2 AA C 61746WMX5 X A2 A X A2 A D 61746WND8 X A3 A- X A3 A- E 61746WNE6 X Baa1 BBB+ X Baa1 BBB+ F 61746WNF3 X Baa2 BBB X Baa2 BBB G 61746WNG1 X Baa3 BBB- X Baa3 BBB- H 61746WNH9 X Ba1 BB+ X Ba1 BB+ J 61746WNJ5 X Ba2 BB X Ba2 BB K 61746WNK2 X Ba3 BB- X Ba3 BB- L 61746WNL0 X B1 B+ X B1 B+ M 61746WNM8 X B2 B X B2 B N 61746WNN6 X B3 B- X B3 B- O 61746WNP1 X NR NR X NR NR 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 1,000,000 1 900,010.59 0.11 75 7.0600 1.530000 1,000,001 to 2,000,000 6 8,486,665.66 1.01 106 7.6697 1.449127 2,000,001 to 3,000,000 10 24,367,255.66 2.90 98 7.3502 1.566237 3,000,001 to 4,000,000 8 29,758,006.89 3.54 113 7.4289 1.577183 4,000,001 to 5,000,000 13 58,906,958.44 7.00 90 7.4158 1.685298 5,000,001 to 6,000,000 10 54,785,407.10 6.51 98 7.4647 1.570293 6,000,001 to 7,000,000 6 37,410,853.51 4.45 98 7.2354 1.547793 7,000,001 to 8,000,000 3 21,860,985.11 2.60 47 7.7093 1.425341 8,000,001 to 9,000,000 6 51,746,869.16 6.15 98 7.7173 1.539157 9,000,001 to 10,000,000 3 29,614,410.33 3.52 77 7.4577 1.623058 10,000,001 to 15,000,000 7 81,358,510.18 9.67 95 7.5151 1.501615 15,000,001 to 20,000,000 5 91,547,132.85 10.88 86 7.6805 1.550013 20,000,001 to 30,000,000 3 77,564,512.00 9.22 102 7.8777 1.475189 30,000,001 to 40,000,000 1 30,568,457.19 3.63 114 7.5400 1.510000 40,000,001 to 90,000,000 2 113,034,321.91 13.43 36 7.9328 1.958316 90,000,000 and greater 1 129,620,101.47 15.40 116 6.9925 1.690000 Totals 85 841,530,458.05 100.00 90 7.5291 1.623137
State(3) # of Scheduled % of Weighted State Props. Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Arizona 2 3,506,838.40 0.42 107 7.7800 1.390000 Arkansas 1 5,974,291.33 0.71 114 7.5400 1.510000 California 20 188,139,446.51 22.36 84 7.5838 1.591618 Colorado 4 53,670,936.18 6.38 91 7.7509 1.491514 Connecticut 2 17,299,578.55 2.06 110 7.0644 1.573235 Florida 4 30,265,235.61 3.60 109 7.5951 1.594549 Illinois 9 164,245,173.59 19.52 113 7.0684 1.667786 Iowa 1 4,062,446.17 0.48 106 7.7700 1.320000 Kansas 1 5,843,593.43 0.69 107 7.5800 1.260000 Louisiana 1 5,359,115.23 0.64 89 6.9000 1.470000 Maryland 5 49,430,793.46 5.87 106 7.5830 1.466336 Massachusetts 2 16,790,266.02 2.00 104 7.2897 1.639673 Michigan 3 15,690,212.52 1.86 83 7.0913 1.523570 Minnesota 1 1,117,318.69 0.13 110 7.4700 1.440000 Mississippi 1 2,041,216.19 0.24 114 7.5400 1.510000 Missouri 1 900,010.59 0.11 75 7.0600 1.530000 Nevada 5 53,889,135.80 6.40 32 8.0863 1.708923 New Hampshire 1 11,223,212.49 1.33 110 7.4900 1.320000 New Jersey 2 11,071,522.62 1.32 80 8.1134 1.752730 New Mexico 2 58,086,931.23 6.90 19 8.1072 2.186684 New York 1 7,065,022.55 0.84 27 8.0700 1.090000 Ohio 1 5,129,757.07 0.61 109 7.3800 1.560000 Texas 7 54,775,511.02 6.51 104 7.3970 1.646294 Utah 1 8,571,225.68 1.02 115 7.2400 1.510000 Vermont 1 3,884,811.29 0.46 135 7.1900 1.430000 Virginia 4 48,987,213.76 5.82 103 7.6651 1.474562 Washington 1 8,441,973.78 1.00 111 8.2500 1.440000 Wisconsin 1 6,067,668.29 0.72 114 6.6900 1.720000 Totals 85 841,530,458.05 100.00 90 7.5291 1.623137
Debt Service Coverage Ratio(1) Debt Service # of Scheduled % of Weighted Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 1.20 or less 1 7,065,022.55 0.84 27 8.0700 1.090000 1.21 to 1.30 2 6,843,688.14 0.81 104 7.7057 1.265845 1.31 to 1.40 10 53,324,325.76 6.34 102 7.4529 1.365126 1.41 to 1.50 28 256,731,528.41 30.51 102 7.6115 1.465672 1.51 to 1.60 14 105,504,451.01 12.54 106 7.3165 1.537679 1.61 to 1.70 14 269,556,723.31 32.03 92 7.3785 1.682884 1.71 to 1.80 8 42,019,055.14 4.99 101 7.4028 1.746604 1.81 and greater 8 100,485,663.73 11.94 26 7.9885 2.102003 Totals 85 841,530,458.05 100.00 90 7.5291 1.623137
Property Type (3) Property # of Scheduled % of Weighted Type Props Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Industrial 12 82,801,743.46 9.84 102 7.4624 1.478372 Mixed Use 2 67,888,300.31 8.07 64 7.7119 1.711720 Mobile Home Park 1 5,843,593.43 0.69 107 7.5800 1.260000 Multi-Family 15 97,056,021.52 11.53 53 7.8195 1.700467 Office 29 241,765,812.89 28.73 99 7.4619 1.536900 Other 1 8,396,394.85 1.00 109 7.8800 1.650000 Retail 21 327,443,759.40 38.91 95 7.4537 1.695279 Self Storage 4 10,334,832.19 1.23 107 7.7800 1.390000 Totals 85 841,530,458.05 100.00 90 7.5291 1.623137
Note Rate Note # of Scheduled % of Weighted Rate Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) less than 7.000% 11 200,858,753.60 23.87 106 6.9582 1.662479 7.001% to 7.500% 35 215,400,564.12 25.60 105 7.3192 1.553897 7.501% to 8.000% 24 211,309,461.03 25.11 93 7.6596 1.536835 8.001% or greater 15 213,961,679.30 25.43 55 8.1474 1.741141 Totals 85 841,530,458.05 100.00 90 7.5291 1.623137
Seasoning # of Scheduled % of Weighted Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 12 months or less 47 446,141,167.72 53.02 109 7.2926 1.600374 13 to 24 months 17 144,396,123.90 17.16 102 7.5946 1.444481 25 to 36 months 3 36,429,670.25 4.33 81 8.0490 1.376065 37 to 48 months 9 34,995,608.72 4.16 79 7.0718 1.579404 49 months and greater 9 179,567,887.46 21.34 34 8.0474 1.882002 Totals 85 841,530,458.05 100.00 90 7.5291 1.623137
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) 60 months or less 14 207,437,913.86 24.65 36 7.9643 1.852587 61 to 120 months 70 630,207,732.90 74.89 107 7.3879 1.548802 121 months and greater 1 3,884,811.29 0.46 135 7.1900 1.430000 Totals 85 841,530,458.05 100.00 90 7.5291 1.623137
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 2 58,291,556.50 6.93 19 8.0841 2.222314 120 months or less 1 7,065,022.55 0.84 27 8.0700 1.090000 121 to 180 months 1 4,773,113.83 0.57 49 7.0000 2.110000 181 to 240 months 9 128,361,142.25 15.25 46 7.9881 1.718965 241 to 300 months 9 63,816,845.73 7.58 96 7.7567 1.507953 301 months and greater 63 579,222,777.19 68.83 107 7.3442 1.556782 Totals 85 841,530,458.05 100.00 90 7.5291 1.623137
Age of Most Recent NOI Age of Most # of Scheduled % of Weighted Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Underwriter's Information 84 711,910,356.58 84.60 85 7.6268 1.610963 1 year or less 1 129,620,101.47 15.40 116 6.9925 1.690000 1 to 2 years 0 0.00 0.00 0 0.0000 0.000000 2 years or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 85 841,530,458.05 100.00 90 7.5291 1.623137 (1) Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrower on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is used. The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. (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 each property as disclosed in the offering document. Note: (i) An ARD Loan constitutes a "Hyper-Amortization Loan" as defined in the offering document.
Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type(1) City State Payment Payment Coupon 991084133 1 RT Schaumburg IL 780,985.33 83,253.21 6.993% 991084134 2 OF McLean VA 162,490.34 15,605.08 7.450% 991084135 3 IN Frederick MD 112,534.60 10,125.73 7.560% 991084136 4 OF Hunt Valley MD 95,564.08 8,598.74 7.560% 991084137 5 OF Gaithersburg MD 41,139.66 3,652.45 7.590% 991084137 6 IN Linthicum Heights MD 33,041.30 2,933.47 7.590% 991084139 7 MU Alameda CA 375,128.90 141,709.49 7.750% 991084141 8 RT Albuquerque NM 373,426.73 60,698.27 8.125% 991084142 9 RT Houston TX 198,584.03 16,916.33 7.540% 991084142 10 RT Fort Smith AR 38,811.21 3,306.12 7.540% 991084142 11 RT Vicksburg MS 13,260.50 1,129.59 7.540% 991084145 12 MF Las Vegas NV 70,910.62 20,417.69 8.125% 991084145 13 MF Littleton CO 66,119.36 19,038.12 8.125% 991084145 14 MF Las Vegas NV 60,369.87 17,382.63 8.125% 991084145 15 MF Las Vegas NV 47,912.58 13,795.74 8.125% 991084150 16 OF Encino CA 190,047.94 36,135.15 8.030% 991084151 17 RT Lakewood CO 162,347.93 17,077.96 8.150% 991084152 18 MF Las Vegas NV 139,441.74 37,115.59 8.460% 991028686 19 OF Los Angeles CA 123,917.27 11,970.81 7.260% 991084153 20 OF Chantilly VA 127,436.89 9,800.44 8.030% 991084104 21 OF Shelton CT 98,034.20 10,855.21 6.980% 991084155 22 IN Wilmington MA 87,433.76 8,546.17 7.300% 991084156 23 IN Portsmouth NH 72,428.56 6,505.32 7.490% 991084106 24 RT Troy MI 63,790.84 9,614.20 7.030% 991033866 25 SS Davie FL 25,701.32 3,716.73 7.780% 991033865 26 SS Albuquerque NM 20,086.81 2,904.80 7.780% 991031883 27 SS Phoenix AZ 13,695.55 1,980.55 7.780% 991031883 28 SS Phoenix AZ 9,821.10 1,420.25 7.780% 991084158 29 OF Denver CO 64,582.06 6,110.28 7.410% 991084157 30 RT Altamonte Springs FL 67,726.85 5,488.22 7.770% 991084107 31 OF Denver CO 56,043.40 11,245.76 6.770% 991033595 32 MU Tallahassee FL 64,182.51 5,670.48 7.490% 991032394 33 RT Laguna Hills CA 57,959.16 5,232.35 7.500% 991084159 34 OF Salt Lake City UT 53,468.88 5,139.96 7.240% 991031771 35 RT Woodland CA 53,346.51 5,396.54 7.310% 991084160 36 RT North Bend WA 58,078.19 5,763.46 8.250% 991084108 37 OT Chicago IL 55,200.22 9,729.90 7.880% 991084109 38 MF Las Vegas NV 45,162.63 8,726.87 7.000% 991031088 39 RT Mount Airy MD 40,683.18 3,477.59 7.690% 991031030 40 IN Woodbridge VA 10,372.59 809.53 7.890% 991084161 41 IN Montgomery NY 47,913.21 59,618.62 8.070% 991084110 42 IN Solana Beach CA 40,090.13 4,031.10 7.200% 991084162 43 IN Tampa FL 40,470.20 6,650.66 7.370% 991084111 44 OF San Mateo CA 34,765.73 10,554.82 6.850% 991084112 45 MF Madison WI 33,857.71 5,463.79 6.690% 991084113 46 OF Houston TX 33,573.18 5,342.71 6.750% 991084114 47 MF Ridgefield NJ 40,111.15 10,595.85 8.125% 991084165 48 MH Wichita KS 38,164.43 3,370.44 7.580% 991084115 49 OF Baton Rouge LA 30,849.08 5,941.62 6.900% 991084166 50 OF Grapevine TX 33,273.88 3,324.88 7.250% 991084168 51 OF Edgewater NJ 35,993.70 2,377.03 8.100% 991084169 52 OF Beavercreek OH 32,619.35 3,106.17 7.380% 991031838 53 OF Torrance CA 32,512.53 2,972.96 7.450% 991033214 54 OF Arlington TX 31,911.34 2,844.19 7.440% 991034940 55 OF Anaheim Hills CA 32,676.62 2,677.68 7.625% 991084171 56 OF Matteson IL 29,649.61 3,282.86 7.000% 991084116 57 MF Larkspur CA 27,939.72 16,552.28 7.000% 991084117 58 RT Lombard IL 29,226.55 4,173.36 7.060% 991084118 59 OF Beverly Hills CA 32,981.65 7,656.22 8.375% 991084119 60 IN San Diego CA 28,078.51 2,823.32 7.200% 991084120 61 IN Bakersfield CA 26,530.50 3,544.97 7.270% 991029728 62 OF Sherman Oaks CA 28,220.49 2,463.51 7.590% 991084172 63 RT Austin TX 27,647.45 4,157.15 7.510% 991084173 64 MF Springfield IL 24,879.12 2,730.93 7.000% 991084121 65 OF Santa Barbara CA 26,684.36 2,292.89 7.610% 991031914 66 MF Ames IA 27,196.05 2,226.36 7.770% 991084122 67 RT Williston VT 23,339.35 10,490.67 7.190% 991084123 68 IN San Diego CA 24,239.11 2,437.27 7.200% 991084174 69 RT Geneva IL 24,907.14 2,073.93 7.590% 991084124 70 RT North Riverside IL 23,870.55 3,025.92 7.360% 991033152 71 OF Hampton VA 23,226.10 2,304.66 7.230% 991034877 72 OF Montclair CA 24,133.04 1,915.19 7.710% 991084125 73 OF Whittier CA 20,336.00 0.00 7.380% 991084126 74 RT Calumet City IL 17,776.07 2,538.31 7.060% 991084127 75 OF Framingham MA 18,031.18 2,413.76 7.240% 991084128 76 MF Wyoming MI 15,757.94 1,602.98 7.230% 991084129 77 OF Newport Beach CA 15,592.74 1,511.30 7.340% 991084130 78 MF Wyoming MI 14,213.04 1,445.83 7.230% 991084176 79 MF Dallas TX 13,643.74 1,379.06 7.260% 991084131 80 OF Beverly Hills CA 12,289.57 1,766.51 7.060% 991084177 81 RT Crestwood IL 12,060.75 1,094.47 7.400% 991084178 82 MF Irving TX 9,367.48 926.28 7.310% 991084179 83 IN Eagan MN 7,191.34 651.73 7.470% 991084180 84 RT Hartford CT 7,272.30 527.29 8.440% 991084132 85 RT Ferguson MO 5,476.32 781.98 7.060% Totals 5,391,809.21 868,660.29
Loan Anticipated Neg Beginning Ending Paid Number Repayment Maturity Amort Scheduled Scheduled Thru Date Date (Y/N) Balance Balance Date 991084133 N/A 04/01/2012 N 129,703,354.68 129,620,101.47 08/01/2002 991084134 04/01/2011 04/01/2031 N 25,328,651.69 25,313,046.61 08/01/2002 991084135 06/01/2011 06/01/2031 N 17,286,421.64 17,276,295.91 08/01/2002 991084136 06/01/2011 06/01/2031 N 14,679,582.36 14,670,983.62 08/01/2002 991084137 06/01/2011 06/01/2031 N 6,294,478.27 6,290,825.82 08/01/2002 991084137 06/01/2011 06/01/2031 N 5,055,407.69 5,052,474.22 08/01/2002 991084139 N/A 04/01/2007 N 58,084,474.90 57,942,765.41 08/01/2002 991084141 N/A 10/01/2003 N 55,152,254.77 55,091,556.50 08/01/2002 991084142 N/A 02/01/2012 N 30,585,373.52 30,568,457.19 08/01/2002 991084142 N/A 02/01/2012 N 5,977,597.45 5,974,291.33 08/01/2002 991084142 N/A 02/01/2012 N 2,042,345.78 2,041,216.19 08/01/2002 991084145 N/A 01/01/2006 N 10,472,953.41 10,452,535.72 08/01/2002 991084145 N/A 01/01/2006 N 9,765,321.30 9,746,283.18 08/01/2002 991084145 N/A 01/01/2006 N 8,916,164.90 8,898,782.27 08/01/2002 991084145 N/A 01/01/2006 N 7,076,320.00 7,062,524.26 08/01/2002 991084150 N/A 06/01/2010 N 28,400,688.14 28,364,552.99 08/01/2002 991084151 N/A 10/01/2011 N 23,903,990.36 23,886,912.40 08/01/2002 991084152 N/A 01/01/2003 N 19,778,970.84 19,741,855.25 08/01/2002 991028686 N/A 02/01/2012 N 19,821,477.99 19,809,507.18 08/01/2002 991084153 12/01/2010 12/01/2030 N 18,429,791.11 18,419,990.67 08/01/2002 991084104 N/A 12/01/2011 N 16,310,339.05 16,299,483.84 08/01/2002 991084155 N/A 10/01/2011 N 13,909,038.76 13,900,492.59 08/01/2002 991084156 10/01/2011 10/01/2031 N 11,229,717.81 11,223,212.49 08/01/2002 991084106 N/A 07/01/2008 N 10,888,905.26 10,879,291.06 08/01/2002 991033866 N/A 07/01/2011 N 3,836,335.79 3,832,619.06 08/01/2002 991033865 N/A 07/01/2011 N 2,998,279.53 2,995,374.73 08/01/2002 991031883 N/A 07/01/2011 N 2,044,281.98 2,042,301.43 08/01/2002 991031883 N/A 07/01/2011 N 1,465,957.22 1,464,536.97 08/01/2002 991084158 N/A 08/01/2011 N 10,121,258.63 10,115,148.35 08/01/2002 991084157 N/A 07/01/2011 N 10,122,334.57 10,116,846.35 08/01/2002 991084107 N/A 01/01/2009 N 9,933,838.01 9,922,592.25 08/01/2002 991033595 N/A 12/01/2011 N 9,951,205.38 9,945,534.90 08/01/2002 991032394 N/A 09/01/2011 N 8,974,321.39 8,969,089.04 08/01/2002 991084159 N/A 03/01/2012 N 8,576,365.64 8,571,225.68 08/01/2002 991031771 N/A 05/01/2011 N 8,474,800.08 8,469,403.54 08/01/2002 991084160 N/A 11/01/2011 N 8,447,737.24 8,441,973.78 08/01/2002 991084108 N/A 09/01/2011 N 8,406,124.75 8,396,394.85 08/01/2002 991084109 N/A 08/01/2008 N 7,742,165.17 7,733,438.30 08/01/2002 991031088 N/A 05/01/2011 N 6,143,691.48 6,140,213.89 08/01/2002 991031030 N/A 05/01/2011 N 1,526,689.95 1,525,880.42 08/01/2002 991084161 N/A 11/01/2004 N 7,124,641.17 7,065,022.55 08/01/2002 991084110 N/A 12/01/2011 N 6,466,149.25 6,462,118.15 08/01/2002 991084162 N/A 09/01/2011 N 6,376,885.96 6,370,235.30 08/01/2002 991084111 N/A 11/01/2005 N 6,090,346.88 6,079,792.06 08/01/2002 991084112 N/A 02/01/2012 N 6,073,132.08 6,067,668.29 08/01/2002 991084113 N/A 01/01/2009 N 5,968,565.50 5,963,222.79 08/01/2002 991084114 N/A 11/01/2006 N 5,924,108.32 5,913,512.47 08/01/2002 991084165 N/A 07/01/2011 N 5,846,963.87 5,843,593.43 08/01/2002 991084115 N/A 01/01/2010 N 5,365,056.85 5,359,115.23 08/01/2002 991084166 N/A 10/01/2011 N 5,329,743.06 5,326,418.18 08/01/2002 991084168 N/A 01/01/2012 N 5,160,387.18 5,158,010.15 08/01/2002 991084169 N/A 09/01/2011 N 5,132,863.24 5,129,757.07 08/01/2002 991031838 N/A 10/01/2011 N 5,067,985.19 5,065,012.23 08/01/2002 991033214 N/A 02/01/2007 N 4,980,958.26 4,978,114.07 08/01/2002 991034940 N/A 02/01/2007 N 4,976,661.57 4,973,983.89 08/01/2002 991084171 N/A 11/01/2011 N 4,918,828.53 4,915,545.67 08/01/2002 991084116 N/A 09/01/2006 N 4,789,666.11 4,773,113.83 08/01/2002 991084117 N/A 11/01/2009 N 4,807,438.38 4,803,265.02 08/01/2002 991084118 N/A 07/01/2007 N 4,725,728.62 4,718,072.40 08/01/2002 991084119 N/A 12/01/2011 N 4,528,791.46 4,525,968.14 08/01/2002 991084120 N/A 01/01/2012 N 4,379,173.97 4,375,629.00 08/01/2002 991029728 N/A 08/01/2011 N 4,317,810.24 4,315,346.73 08/01/2002 991084172 N/A 02/01/2012 N 4,275,195.49 4,271,038.34 08/01/2002 991084173 N/A 12/01/2011 N 4,127,410.80 4,124,679.87 08/01/2002 991084121 N/A 09/01/2011 N 4,072,048.20 4,069,755.31 08/01/2002 991031914 N/A 06/01/2011 N 4,064,672.53 4,062,446.17 08/01/2002 991084122 N/A 11/01/2013 N 3,895,301.96 3,884,811.29 08/01/2002 991084123 N/A 12/01/2011 N 3,909,533.27 3,907,096.00 08/01/2002 991084174 N/A 02/01/2012 N 3,810,859.21 3,808,785.28 08/01/2002 991084124 N/A 11/01/2010 N 3,766,390.63 3,763,364.71 08/01/2002 991033152 N/A 12/01/2011 N 3,730,600.72 3,728,296.06 08/01/2002 991034877 N/A 01/01/2012 N 3,634,949.68 3,633,034.49 08/01/2002 991084125 N/A 10/01/2011 N 3,200,000.00 3,200,000.00 08/01/2002 991084126 N/A 11/01/2008 N 2,923,962.74 2,921,424.43 08/01/2002 991084127 N/A 10/01/2008 N 2,892,187.19 2,889,773.43 08/01/2002 991084128 N/A 09/01/2011 N 2,531,056.53 2,529,453.55 08/01/2002 991084129 N/A 09/01/2011 N 2,466,988.53 2,465,477.23 08/01/2002 991084130 N/A 09/01/2011 N 2,282,913.74 2,281,467.91 08/01/2002 991084176 N/A 08/01/2011 N 2,182,416.93 2,181,037.87 08/01/2002 991084131 N/A 10/01/2008 N 2,021,495.40 2,019,728.89 08/01/2002 991084177 N/A 02/01/2012 N 1,892,706.76 1,891,612.29 08/01/2002 991084178 N/A 08/01/2011 N 1,488,148.86 1,487,222.58 08/01/2002 991084179 N/A 10/01/2011 N 1,117,970.42 1,117,318.69 08/01/2002 991084180 N/A 10/01/2009 N 1,000,622.00 1,000,094.71 08/01/2002 991084132 N/A 11/01/2008 N 900,792.57 900,010.59 08/01/2002 Totals 842,399,118.34 841,530,458.05
Appraisal Appraisal Res Mod Loan Number Reduction Reduction Strat. Code Date Amount (2) (3) Totals 0.00 (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 (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 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 08/15/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 07/15/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 06/17/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 05/15/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 04/15/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
Prepayments Distribution Curtailments Payoff Date # Amount # Amount 08/15/2002 0 $0.00 0 $0.00 07/15/2002 0 $0.00 0 $0.00 06/17/2002 0 $0.00 0 $0.00 05/15/2002 0 $0.00 0 $0.00 04/15/2002 0 $0.00 0 $0.00
Rate and Maturities Distribution Next Weighted Avg. WAM Date Coupon Remit 08/15/2002 7.529061% 7.450832% 90 07/15/2002 7.529193% 7.450967% 91 06/17/2002 7.529301% 7.451078% 92 05/15/2002 7.529430% 7.451211% 93 04/15/2002 7.529536% 7.451320% 94 Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.
Delinquency Loan Detail Offering # of Paid Current Outstanding Status of Loan Number Document Months Through P & I P & I Mortgage Cross-Reference Delinq. Date Advances Advances** Loan(1) No Delinquent Loans this Period
Resolution Actual Outstanding Bankruptcy REO Loan Number Strategy Servicing Foreclosure Principal Servicing Date Date Code(2) Transfer Date Date Balance Advances No Delinquent Loans this Period
Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances Balance Advances Totals By Delinquency Code: (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 No Specially Serviced Loans this Period Specially Serviced Loan Detail - Part 2 No Specially Serviced Loans this Period Modified Loan Detail No Modified Loans Liquidated Loan Detail No Liquidated Loans this Period -----END PRIVACY-ENHANCED MESSAGE-----