-----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, AZbVDUfdmGLXTo/a1396fjkcy/6n75Vg/hmtdxTseM6CoK6ag1b8ECCPmCLQJX4Y lAGrqLnC+Z4Omhl2uad9uQ== 0001056404-02-001442.txt : 20021112 0001056404-02-001442.hdr.sgml : 20021111 20021112163553 ACCESSION NUMBER: 0001056404-02-001442 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021026 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPTION ONE MORT ACCEPT CORP ASSET BACKED CERT SER 2002-3 CENTRAL INDEX KEY: 0001172231 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-82832-02 FILM NUMBER: 02817551 BUSINESS ADDRESS: STREET 1: 3 ADA ROAD CITY: IRVINE STATE: CA ZIP: 92618 8-K 1 opt02003.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 OPTION ONE MORTGAGE LOAN TRUST Asset-Backed Certificates, Series 2002-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-82832-02 Pooling and Servicing Agreement) (Commission 52-2365598 (State or other File Number) 52-2365599 jurisdiction 52-2365600 of Incorporation) IRS EIN c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 OPTION ONE MORTGAGE LOAN TRUST, Asset-Backed Certificates, Series 2002-3 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 Asset-Backed Certificates, Series 2002-3 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. OPTION ONE MORTGAGE LOAN TRUST Asset-Backed Certificates, Series 2002-3 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 11/1/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset-Backed Certificates, Series 2002-3 Trust, relating to the October 25, 2002 distribution.
Option One Mortgage Loan Trust Asset-Backed Certificates Record Date: 9/30/02 10/25/02 Distribution Date: OOMC Series: 2002-3 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 A1 68389FCF9 SEN 2.06375% 802,550,000.34 1,380,218.80 9,435,837.83 A2 68389FCG7 SEN 2.08375% 342,981,720.46 595,573.47 4,614,756.99 S 68389FCL6 SEN 5.50000% 0.00 607,291.67 0.00 M1 68389FCH5 MEZ 2.46375% 53,000,000.00 108,815.63 0.00 M2 68389FCJ1 MEZ 2.94375% 46,375,000.00 113,763.67 0.00 M3 68389FCK8 MEZ 3.66375% 39,750,000.00 121,361.72 0.00 C OPT02003C JUN 0.00000% 6,624,900.00 5,537,329.22 0.00 R1 OPT0203R1 JUN 0.00000% 0.00 0.00 0.00 R2 OPT0203R2 JUN 0.00000% 0.00 0.00 0.00 R3 OPT0203R3 JUN 0.00000% 0.00 0.00 0.00 P OPT02003P JUN 0.00000% 100.00 261,747.16 0.00 Totals 1,291,281,720.8 8,726,101.34 14,050,594.82
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 793,114,162.51 10,816,056.63 0.00 A2 0.00 338,366,963.47 5,210,330.46 0.00 S 0.00 0.00 607,291.67 0.00 M1 0.00 53,000,000.00 108,815.63 0.00 M2 0.00 46,375,000.00 113,763.67 0.00 M3 0.00 39,750,000.00 121,361.72 0.00 C 0.00 6,624,900.00 5,537,329.22 0.00 R1 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 P 0.00 100.00 261,747.16 0.00 Totals 0.00 1,277,231,125.98 22,776,696.16 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) A1 825,500,000.00 802,550,000.34 0.00 9,435,837.83 0.00 0.00 A2 353,750,000.00 342,981,720.46 0.00 4,614,756.99 0.00 0.00 S 0.00 0.00 0.00 0.00 0.00 0.00 M1 53,000,000.00 53,000,000.00 0.00 0.00 0.00 0.00 M2 46,375,000.00 46,375,000.00 0.00 0.00 0.00 0.00 M3 39,750,000.00 39,750,000.00 0.00 0.00 0.00 0.00 C 6,624,900.00 6,624,900.00 0.00 0.00 0.00 0.00 R1 0.00 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 1,325,000,000.0 1,291,281,720.80 0.00 14,050,594.82 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 A1 9,435,837.83 793,114,162.51 0.96076822 9,435,837.83 A2 4,614,756.99 338,366,963.47 0.95651438 4,614,756.99 S 0.00 0.00 0.00000000 0.00 M1 0.00 53,000,000.00 1.00000000 0.00 M2 0.00 46,375,000.00 1.00000000 0.00 M3 0.00 39,750,000.00 1.00000000 0.00 C 0.00 6,624,900.00 1.00000000 0.00 R1 0.00 0.00 0.00000000 0.00 R2 0.00 0.00 0.00000000 0.00 R3 0.00 0.00 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 Totals 14,050,594.82 1,277,231,125.98 0.96394802 14,050,594.82
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 825,500,000.00 972.19866789 0.00000000 11.43045164 0.00000000 A2 353,750,000.00 969.55963381 0.00000000 13.04524944 0.00000000 S 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 53,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 46,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 39,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 6,624,900.00 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A1 0.00000000 11.43045164 960.76821624 0.96076822 11.43045164 A2 0.00000000 13.04524944 956.51438437 0.95651438 13.04524944 S 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A1 825,500,000.00 2.06375% 802,550,000.34 1,380,218.80 0.00 0.00 A2 353,750,000.00 2.08375% 342,981,720.46 595,573.47 0.00 0.00 S 0.00 5.50000% 132,500,000.00 607,291.67 0.00 0.00 M1 53,000,000.00 2.46375% 53,000,000.00 108,815.63 0.00 0.00 M2 46,375,000.00 2.94375% 46,375,000.00 113,763.67 0.00 0.00 M3 39,750,000.00 3.66375% 39,750,000.00 121,361.72 0.00 0.00 C 6,624,900.00 0.00000% 6,624,900.00 0.00 0.00 0.00 R1 0.00 0.00000% 0.00 0.00 0.00 0.00 R2 0.00 0.00000% 0.00 0.00 0.00 0.00 R3 0.00 0.00000% 0.00 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 Totals 1,325,000,000.0 2,927,024.96 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 A1 0.00 0.00 1,380,218.80 0.00 793,114,162.51 A2 0.00 0.00 595,573.47 0.00 338,366,963.47 S 0.00 0.00 607,291.67 0.00 132,500,000.00 M1 0.00 0.00 108,815.63 0.00 53,000,000.00 M2 0.00 0.00 113,763.67 0.00 46,375,000.00 M3 0.00 0.00 121,361.72 0.00 39,750,000.00 C 0.00 0.00 5,537,329.22 0.00 6,624,900.00 R1 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 261,747.16 0.00 100.00 Totals 0.00 0.00 8,726,101.34 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 A1 825,500,000.00 2.06375% 972.19866789 1.67197916 0.00000000 0.00000000 A2 353,750,000.00 2.08375% 969.55963381 1.68359992 0.00000000 0.00000000 S 0.00 5.50000% 1000.00000000 4.58333336 0.00000000 0.00000000 M1 53,000,000.00 2.46375% 1000.00000000 2.05312509 0.00000000 0.00000000 M2 46,375,000.00 2.94375% 1000.00000000 2.45312496 0.00000000 0.00000000 M3 39,750,000.00 3.66375% 1000.00000000 3.05312503 0.00000000 0.00000000 C 6,624,900.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 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 A1 0.00000000 0.00000000 1.67197916 0.00000000 960.76821624 A2 0.00000000 0.00000000 1.68359992 0.00000000 956.51438437 S 0.00000000 0.00000000 4.58333336 0.00000000 1000.00000000 M1 0.00000000 0.00000000 2.05312509 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.45312496 0.00000000 1000.00000000 M3 0.00000000 0.00000000 3.05312503 0.00000000 1000.00000000 C 0.00000000 0.00000000 835.83589488 0.00000000 1000.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 2617471.60000000 0.00000000 1000.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 23,489,539.57 Liquidations, Insurance Proceeds, Reserve Funds 1.13 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 261,747.16 Total Deposits 23,751,287.86 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 974,591.70 Payment of Interest and Principal 22,776,696.16 Total Withdrawals (Pool Distribution Amount) 23,751,287.86 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 322,820.35 Radian PMI Policy Fee 648,550.88 Wells Fargo 3,220.47 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 974,591.70
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 1.13 1.13 1,000.00
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 11 3 0 14 1,589,796.45 248,827.61 0.00 1,838,624.06 30 Days 160 2 2 0 164 21,426,467.12 314,561.42 284,263.69 0.00 22,025,292.23 60 Days 9 4 48 0 61 1,138,375.26 714,624.71 7,146,619.50 0.00 8,999,619.47 90 Days 3 9 75 2 89 395,270.02 963,568.99 8,997,777.14 150,123.12 10,506,739.27 120 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 172 26 128 2 328 22,960,112.40 3,582,551.57 16,677,487.94 150,123.12 43,370,275.03 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 0.119813% 0.032676% 0.000000% 0.152489% 0.124442% 0.019477% 0.000000% 0.143919% 30 Days 1.742730% 0.021784% 0.021784% 0.000000% 1.786298% 1.677166% 0.024622% 0.022251% 0.000000% 1.724040% 60 Days 0.098029% 0.043568% 0.522819% 0.000000% 0.664416% 0.089107% 0.055938% 0.559405% 0.000000% 0.704449% 90 Days 0.032676% 0.098029% 0.816904% 0.021784% 0.969393% 0.030940% 0.075424% 0.704305% 0.011751% 0.822420% 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 1.873434% 0.283194% 1.394184% 0.021784% 3.572596% 1.797213% 0.280426% 1.305438% 0.011751% 3.394828%
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 2 1 0 3 171,365.77 69,839.22 0.00 241,204.99 30 Days 19 0 0 0 19 2,117,850.35 0.00 0.00 0.00 2,117,850.35 60 Days 3 0 7 0 10 318,473.11 0.00 707,409.42 0.00 1,025,882.53 90 Days 0 3 8 1 12 0.00 300,644.89 750,853.18 67,101.71 1,118,599.78 120 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 22 5 16 1 44 2,436,323.46 472,010.66 1,528,101.82 67,101.71 4,503,537.65 0-29 Days 0.154321% 0.077160% 0.000000% 0.231481% 0.107765% 0.043919% 0.000000% 0.151684% 30 Days 1.466049% 0.000000% 0.000000% 0.000000% 1.466049% 1.331833% 0.000000% 0.000000% 0.000000% 1.331833% 60 Days 0.231481% 0.000000% 0.540123% 0.000000% 0.771605% 0.200275% 0.000000% 0.444862% 0.000000% 0.645137% 90 Days 0.000000% 0.231481% 0.617284% 0.077160% 0.925926% 0.000000% 0.189064% 0.472182% 0.042198% 0.703444% 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 1.697531% 0.385802% 1.234568% 0.077160% 3.395062% 1.532108% 0.296829% 0.960963% 0.042198% 2.832098% 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 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 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 9 2 0 11 1,418,430.68 178,988.39 0.00 1,597,419.07 30 Days 141 2 2 0 145 19,308,616.77 314,561.42 284,263.69 0.00 19,907,441.88 60 Days 6 4 41 0 51 819,902.15 714,624.71 6,439,210.08 0.00 7,973,736.94 90 Days 3 6 67 1 77 395,270.02 662,924.10 8,246,923.96 83,021.41 9,388,139.49 120 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 150 21 112 1 284 20,523,788.94 3,110,540.91 15,149,386.12 83,021.41 38,866,737.38 0-29 Days 1.530612% 0.340136% 0.000000% 1.870748% 2.078716% 0.262308% 0.000000% 2.341024% 30 Days 23.979592% 0.340136% 0.340136% 0.000000% 24.659864% 28.296852% 0.460991% 0.416590% 0.000000% 29.174433% 60 Days 1.020408% 0.680272% 6.972789% 0.000000% 8.673469% 1.201570% 1.047285% 9.436687% 0.000000% 11.685542% 90 Days 0.510204% 1.020408% 11.394558% 0.170068% 13.095238% 0.579270% 0.971518% 12.085899% 0.121668% 13.758355% 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 25.510204% 3.571429% 19.047619% 0.170068% 48.299320% 30.077692% 4.558510% 22.201484% 0.121668% 56.959353% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 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% (7) Deliquencies are stratified according to the information the Servicer has provided. All 90+ delinquencies are reported in the 90 day delinquency field. Group 1 is reported in the Group 1 and Group 2 is reported in the Group 3 section.
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 8.771750% Weighted Average Net Coupon 8.471750% Weighted Average Pass-Through Rate 7.866052% Weighted Average Maturity(Stepdown Calculation ) 346 Beginning Scheduled Collateral Loan Count 9,270 Number Of Loans Paid In Full 89 Ending Scheduled Collateral Loan Count 9,181 Beginning Scheduled Collateral Balance 1,291,281,720.80 Ending Scheduled Collateral Balance 1,277,231,125.98 Ending Actual Collateral Balance at 30-Sep-2002 1,277,539,757.10 Monthly P &I Constant 10,279,262.92 Special Servicing Fee 0.00 Prepayment Penalties 261,747.16 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 1,277,231,125.98 Scheduled Principal 840,262.44 Unscheduled Principal 13,210,332.38
Miscellaneous Reporting General Excess Available Amt 5,537,329.22 Extra Principal Distribution Amt 0.00 Overcollateralization Amt 6,624,900.00 Excess Overcollateralized Amt 0.00 Overcollateralization Deficit Amt 0.00 Overcollateralization Increase Amt 0.00 Overcollateralization Release Amt 0.00 Target Overcollateralization Amt 6,624,900.00
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Fixed 30 Year Mixed ARM Fixed 30 Year Weighted Average Coupon Rate 8.739759 8.784352 8.890854 Weighted Average Net Rate 8.439759 8.484352 8.590855 Weighted Average Maturity 346 346 346 Beginning Loan Count 1,310 5,390 598 Loans Paid In Full 14 46 10 Ending Loan Count 1,296 5,344 588 Beginning Scheduled Balance 161,409,055.75 743,168,944.59 69,513,386.67 Ending scheduled Balance 158,985,335.40 736,156,827.11 68,224,175.74 Record Date 09/30/2002 09/30/2002 09/30/2002 Principal And Interest Constant 1,310,428.84 5,891,136.70 575,327.22 Scheduled Principal 134,865.31 450,921.80 60,299.43 Unscheduled Principal 2,288,855.04 6,561,195.68 1,228,911.50 Scheduled Interest 1,175,563.53 5,440,214.90 515,027.79 Servicing Fees 40,352.24 185,792.17 17,378.36 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 401.85 1,853.62 173.29 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 96,703.75 358,955.90 39,539.93 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 1,135,211.34 5,254,422.56 497,649.51 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 7.717824 7.901750 7.905292
Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 8.732401 8.771750 Weighted Average Net Rate 8.432401 8.471750 Weighted Average Maturity 346 346 Beginning Loan Count 1,972 9,270 Loans Paid In Full 19 89 Ending Loan Count 1,953 9,181 Beginning Scheduled Balance 317,190,333.79 1,291,281,720.80 Ending scheduled Balance 313,864,787.73 1,277,231,125.98 Record Date 09/30/2002 09/30/2002 Principal And Interest Constant 2,502,370.16 10,279,262.92 Scheduled Principal 194,175.90 840,262.44 Unscheduled Principal 3,131,370.16 13,210,332.38 Scheduled Interest 2,308,194.26 9,439,000.48 Servicing Fees 79,297.58 322,820.35 Master Servicing Fees 0.00 0.00 Trustee Fee 791.71 3,220.47 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 153,351.30 648,550.88 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 2,228,896.72 9,116,180.13 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 7.849243 7.866052
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