-----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, RhKdqDSy2dPx3pIkmwLRQQ3tMHq0aTxTbgbhRnG8FvPNn6KC+iXGWUufdQooIgMz ywoarTNm0sRJ0xsA6M6cbg== 0001056404-02-000965.txt : 20020807 0001056404-02-000965.hdr.sgml : 20020807 20020807112955 ACCESSION NUMBER: 0001056404-02-000965 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020725 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020807 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MASTR ADJUSTABLE RATE MORTGAGES TRUST 2002-2 CENTRAL INDEX KEY: 0001174706 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: 333-75724-05 FILM NUMBER: 02721358 BUSINESS ADDRESS: STREET 1: 1285 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 MAIL ADDRESS: STREET 1: C/O WELLS FARGO BANK MINNESOTA, N.A. STREET 2: 9062 OLD ANNAPOLIS ROAD CITY: COLUMBIA STATE: MD ZIP: 21045 FORMER COMPANY: FORMER CONFORMED NAME: MORTGAGE ASSET SEC TRANS INC MOR PASS THR CER SER 2002-2 DATE OF NAME CHANGE: 20020603 8-K 1 mam02002.txt JULY 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): July 25, 2002 MASTR ADJUSTABLE RATE MORTGAGES TRUST Mortgage Pass-Through Certificates, Series 2002-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-75724-05 Pooling and Servicing Agreement) (Commission Pending (State or other File Number) IRS EIN jurisdiction 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 July 25, 2002 a distribution was made to holders of MASTR ADJUSTABLE RATE MORTGAGES TRUST, Mortgage Pass-Through Certificates, Series 2002-2 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-2 Trust, relating to the July 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. MASTR ADJUSTABLE RATE MORTGAGES TRUST Mortgage Pass-Through Certificates, Series 2002-2 Trust By: Wells Fargo Bank Minnesota, N.A. as Master Servicer By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 8/5/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-2 Trust, relating to the July 25, 2002 distribution. EX-99.1
Mortgage Asset Securitization Transactions, Inc Mortgage Pass-Through Certificates Record Date: 6/30/02 Distribution Date: 7/25/02 MARM Series: 2002-2 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1 576433AV8 SEN 6.06932% 137,876,203.77 697,345.19 4,602,077.53 A-R 576433BA3 RES 6.06932% 0.00 0.00 0.00 A-2 576433AW6 SEN 5.95282% 115,874,598.89 574,817.22 4,600,313.52 A-3 576433AX4 SEN 5.99322% 40,093,682.04 200,242.02 47,799.95 A-4 576433AY2 SEN 5.28961% 49,420,800.32 217,847.46 993,963.48 A-5 576433AZ9 SEN 5.67006% 78,292,231.99 369,934.80 6,700,117.93 B-1 576433BB1 SUB 5.86450% 6,609,670.96 32,302.00 6,395.69 B-2 576433BC9 SUB 5.86450% 2,203,889.68 10,770.59 2,132.54 B-3 576433BD7 SUB 5.86450% 1,762,312.51 8,612.56 1,705.26 B-4 576433BE5 SUB 5.86450% 881,156.26 4,306.28 852.63 B-5 576433BF2 SUB 5.86450% 881,156.26 4,306.28 852.63 B-6 576433BG0 SUB 5.86450% 881,842.51 4,309.64 852.29 Totals 434,777,545.19 2,124,794.04 16,957,063.45
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 133,274,126.24 5,299,422.72 0.00 A-R 0.00 0.00 0.00 0.00 A-2 0.00 111,274,285.37 5,175,130.74 0.00 A-3 0.00 40,045,882.09 248,041.97 0.00 A-4 0.00 48,426,836.84 1,211,810.94 0.00 A-5 0.00 71,592,114.06 7,070,052.73 0.00 B-1 0.00 6,603,275.27 38,697.69 0.00 B-2 0.00 2,201,757.14 12,903.13 0.00 B-3 0.00 1,760,607.25 10,317.82 0.00 B-4 0.00 880,303.63 5,158.91 0.00 B-5 0.00 880,303.63 5,158.91 0.00 B-6 0.00 880,990.22 5,161.93 0.00 Totals 0.00 417,820,481.74 19,081,857.49 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) A-1 139,777,000.00 137,876,203.77 115,977.22 4,486,100.31 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 A-2 118,094,000.00 115,874,598.89 114,160.38 4,486,153.14 0.00 0.00 A-3 40,144,000.00 40,093,682.04 39,590.23 8,209.72 0.00 0.00 A-4 50,044,000.00 49,420,800.32 55,336.10 938,627.38 0.00 0.00 A-5 79,743,000.00 78,292,231.99 82,823.00 6,617,294.93 0.00 0.00 B-1 6,616,000.00 6,609,670.96 6,395.69 0.00 0.00 0.00 B-2 2,206,000.00 2,203,889.68 2,132.54 0.00 0.00 0.00 B-3 1,764,000.00 1,762,312.51 1,705.26 0.00 0.00 0.00 B-4 882,000.00 881,156.26 852.63 0.00 0.00 0.00 B-5 882,000.00 881,156.26 852.63 0.00 0.00 0.00 B-6 882,686.91 881,842.51 852.29 0.00 0.00 0.00 Totals 441,034,786.91 434,777,545.19 420,677.97 16,536,385.48 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 A-1 4,602,077.53 133,274,126.24 0.95347680 4,602,077.53 A-R 0.00 0.00 0.00000000 0.00 A-2 4,600,313.52 111,274,285.37 0.94225181 4,600,313.52 A-3 47,799.95 40,045,882.09 0.99755585 47,799.95 A-4 993,963.48 48,426,836.84 0.96768517 993,963.48 A-5 6,700,117.93 71,592,114.06 0.89778556 6,700,117.93 B-1 6,395.69 6,603,275.27 0.99807667 6,395.69 B-2 2,132.54 2,201,757.14 0.99807667 2,132.54 B-3 1,705.26 1,760,607.25 0.99807667 1,705.26 B-4 852.63 880,303.63 0.99807668 852.63 B-5 852.63 880,303.63 0.99807668 852.63 B-6 852.29 880,990.22 0.99807781 852.29 Totals 16,957,063.45 417,820,481.74 0.94736400 16,957,063.45
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 139,777,000.00 986.40122316 0.82973036 32.09469591 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 A-2 118,094,000.00 981.20648712 0.96669077 37.98798533 0.00000000 A-3 40,144,000.00 998.74656337 0.98620541 0.20450678 0.00000000 A-4 50,044,000.00 987.54696507 1.10574894 18.75604228 0.00000000 A-5 79,743,000.00 981.80695472 1.03862408 82.98276877 0.00000000 B-1 6,616,000.00 999.04337364 0.96670042 0.00000000 0.00000000 B-2 2,206,000.00 999.04337262 0.96669991 0.00000000 0.00000000 B-3 1,764,000.00 999.04337302 0.96670068 0.00000000 0.00000000 B-4 882,000.00 999.04337868 0.96670068 0.00000000 0.00000000 B-5 882,000.00 999.04337868 0.96670068 0.00000000 0.00000000 B-6 882,686.91 999.04337541 0.96556320 0.00000000 0.00000000
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 32.92442626 953.47679690 0.95347680 32.92442626 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-2 0.00000000 38.95467611 942.25181101 0.94225181 38.95467611 A-3 0.00000000 1.19071219 997.55585119 0.99755585 1.19071219 A-4 0.00000000 19.86179122 967.68517385 0.96768517 19.86179122 A-5 0.00000000 84.02139285 897.78556187 0.89778556 84.02139285 B-1 0.00000000 0.96670042 998.07667322 0.99807667 0.96670042 B-2 0.00000000 0.96669991 998.07667271 0.99807667 0.96669991 B-3 0.00000000 0.96670068 998.07667234 0.99807667 0.96670068 B-4 0.00000000 0.96670068 998.07667800 0.99807668 0.96670068 B-5 0.00000000 0.96670068 998.07667800 0.99807668 0.96670068 B-6 0.00000000 0.96556320 998.07781221 0.99807781 0.96556320 (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 A-1 139,777,000.00 6.06932% 137,876,203.77 697,345.19 0.00 0.00 A-R 100.00 6.06932% 0.00 0.00 0.00 0.00 A-2 118,094,000.00 5.95282% 115,874,598.89 574,817.22 0.00 0.00 A-3 40,144,000.00 5.99322% 40,093,682.04 200,242.02 0.00 0.00 A-4 50,044,000.00 5.28961% 49,420,800.32 217,847.46 0.00 0.00 A-5 79,743,000.00 5.67006% 78,292,231.99 369,934.80 0.00 0.00 B-1 6,616,000.00 5.86450% 6,609,670.96 32,302.00 0.00 0.00 B-2 2,206,000.00 5.86450% 2,203,889.68 10,770.59 0.00 0.00 B-3 1,764,000.00 5.86450% 1,762,312.51 8,612.56 0.00 0.00 B-4 882,000.00 5.86450% 881,156.26 4,306.28 0.00 0.00 B-5 882,000.00 5.86450% 881,156.26 4,306.28 0.00 0.00 B-6 882,686.91 5.86450% 881,842.51 4,309.64 0.00 0.00 Totals 441,034,786.91 2,124,794.04 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 A-1 0.00 0.00 697,345.19 0.00 133,274,126.24 A-R 0.00 0.00 0.00 0.00 0.00 A-2 0.00 0.00 574,817.22 0.00 111,274,285.37 A-3 0.00 0.00 200,242.02 0.00 40,045,882.09 A-4 0.00 0.00 217,847.46 0.00 48,426,836.84 A-5 0.00 0.00 369,934.80 0.00 71,592,114.06 B-1 0.00 0.00 32,302.00 0.00 6,603,275.27 B-2 0.00 0.00 10,770.59 0.00 2,201,757.14 B-3 0.00 0.00 8,612.56 0.00 1,760,607.25 B-4 0.00 0.00 4,306.28 0.00 880,303.63 B-5 0.00 0.00 4,306.28 0.00 880,303.63 B-6 0.00 0.00 4,309.64 0.00 880,990.22 Totals 0.00 0.00 2,124,794.04 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 A-1 139,777,000.00 6.06932% 986.40122316 4.98898381 0.00000000 0.00000000 A-R 100.00 6.06932% 0.00000000 0.00000000 0.00000000 0.00000000 A-2 118,094,000.00 5.95282% 981.20648712 4.86745491 0.00000000 0.00000000 A-3 40,144,000.00 5.99322% 998.74656337 4.98809336 0.00000000 0.00000000 A-4 50,044,000.00 5.28961% 987.54696507 4.35311846 0.00000000 0.00000000 A-5 79,743,000.00 5.67006% 981.80695472 4.63908807 0.00000000 0.00000000 B-1 6,616,000.00 5.86450% 999.04337364 4.88240629 0.00000000 0.00000000 B-2 2,206,000.00 5.86450% 999.04337262 4.88240707 0.00000000 0.00000000 B-3 1,764,000.00 5.86450% 999.04337302 4.88240363 0.00000000 0.00000000 B-4 882,000.00 5.86450% 999.04337868 4.88240363 0.00000000 0.00000000 B-5 882,000.00 5.86450% 999.04337868 4.88240363 0.00000000 0.00000000 B-6 882,686.91 5.86450% 999.04337541 4.88241068 0.00000000 0.00000000 (5) Per $1 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 A-1 0.00000000 0.00000000 4.98898381 0.00000000 953.47679690 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-2 0.00000000 0.00000000 4.86745491 0.00000000 942.25181101 A-3 0.00000000 0.00000000 4.98809336 0.00000000 997.55585119 A-4 0.00000000 0.00000000 4.35311846 0.00000000 967.68517385 A-5 0.00000000 0.00000000 4.63908807 0.00000000 897.78556187 B-1 0.00000000 0.00000000 4.88240629 0.00000000 998.07667322 B-2 0.00000000 0.00000000 4.88240707 0.00000000 998.07667271 B-3 0.00000000 0.00000000 4.88240363 0.00000000 998.07667234 B-4 0.00000000 0.00000000 4.88240363 0.00000000 998.07667800 B-5 0.00000000 0.00000000 4.88240363 0.00000000 998.07667800 B-6 0.00000000 0.00000000 4.88241068 0.00000000 998.07781221 (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 19,163,847.82 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 21,662.19 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 19,185,510.01 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 103,652.52 Payment of Interest and Principal 19,081,857.49 Total Withdrawals (Pool Distribution Amount) 19,185,510.01 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 103,652.52 Master Servicing Fee 0.00 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 103,652.52
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 11 0 0 0 11 3,906,882.59 0.00 0.00 0.00 3,906,882.59 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 11 0 0 0 11 3,906,882.59 0.00 0.00 0.00 3,906,882.59 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 1.106640% 0.000000% 0.000000% 0.000000% 1.106640% 0.934335% 0.000000% 0.000000% 0.000000% 0.934335% 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 1.106640% 0.000000% 0.000000% 0.000000% 1.106640% 0.934335% 0.000000% 0.000000% 0.000000% 0.934335%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 1,043,922.92 0.00 0.00 0.00 1,043,922.92 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 2 0 0 0 2 1,043,922.92 0.00 0.00 0.00 1,043,922.92 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.706714% 0.000000% 0.000000% 0.000000% 0.706714% 0.758206% 0.000000% 0.000000% 0.000000% 0.758206% 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 0.706714% 0.000000% 0.000000% 0.000000% 0.706714% 0.758206% 0.000000% 0.000000% 0.000000% 0.758206% 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 7 0 0 0 7 1,908,089.70 0.00 0.00 0.00 1,908,089.70 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 7 0 0 0 7 1,908,089.70 0.00 0.00 0.00 1,908,089.70 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.250804% 0.000000% 0.000000% 0.000000% 2.250804% 1.659028% 0.000000% 0.000000% 0.000000% 1.659028% 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 2.250804% 0.000000% 0.000000% 0.000000% 2.250804% 1.659028% 0.000000% 0.000000% 0.000000% 1.659028% 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 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 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% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 2 0 0 0 2 954,869.97 0.00 0.00 0.00 954,869.97 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 2 0 0 0 2 954,869.97 0.00 0.00 0.00 954,869.97 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.036269% 0.000000% 0.000000% 0.000000% 1.036269% 1.288310% 0.000000% 0.000000% 0.000000% 1.288310% 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 1.036269% 0.000000% 0.000000% 0.000000% 1.036269% 1.288310% 0.000000% 0.000000% 0.000000% 1.288310%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 21,662.19
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.02267395% 100,000.00 0.02393372% Fraud 7,683,932.00 1.74225078% 8,820,696.00 2.11112102% Special Hazard 8,820,696.00 2.00000006% 7,683,932.00 1.83905106% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.150581% Weighted Average Net Coupon 5.864497% Weighted Average Pass-Through Rate 5.864497% Weighted Average Maturity(Stepdown Calculation ) 356 Beginning Scheduled Collateral Loan Count 1,030 Number Of Loans Paid In Full 36 Ending Scheduled Collateral Loan Count 994 Beginning Scheduled Collateral Balance 434,777,545.18 Ending Scheduled Collateral Balance 417,820,480.75 Ending Actual Collateral Balance at 30-Jun-2002 418,145,821.77 Monthly P &I Constant 2,649,124.52 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 417,820,480.75 Scheduled Principal 420,678.97 Unscheduled Principal 16,536,385.47
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.385294 6.202820 6.243224 Weighted Average Net Rate 6.069316 5.952820 5.993224 Weighted Average Maturity 356 356 355 Beginning Loan Count 292 321 105 Loans Paid In Full 9 10 0 Ending Loan Count 283 311 105 Beginning Scheduled Balance 142,195,681.12 119,523,908.01 41,334,709.24 Ending scheduled Balance 137,589,970.20 114,919,999.17 41,285,683.85 Record Date 06/30/2002 06/30/2002 06/30/2002 Principal And Interest Constant 876,245.00 735,576.80 255,867.22 Scheduled Principal 119,610.63 117,755.70 40,815.67 Unscheduled Principal 4,486,100.30 4,486,153.14 8,209.72 Scheduled Interest 756,634.38 617,821.10 215,051.55 Servicing Fees 37,442.31 24,900.81 8,611.39 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 719,192.07 592,920.29 206,440.16 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 FeePass-Through Rate 0.00 0.00 0.00 6.069316 5.952820 5.993224
Group Level Collateral Statement Group Group 4 Group 5 Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.660222 5.922040 6.150581 Weighted Average Net Rate 5.289614 5.670061 5.864497 Weighted Average Maturity 356 355 356 Beginning Loan Count 104 208 1,030 Loans Paid In Full 2 15 36 Ending Loan Count 102 193 994 Beginning Scheduled Balance 50,967,021.77 80,756,225.04 434,777,545.18 Ending scheduled Balance 49,971,327.00 74,053,500.53 417,820,480.75 Record Date 06/30/2002 06/30/2002 06/30/2002 Principal And Interest Constant 297,471.27 483,964.23 2,649,124.52 Scheduled Principal 57,067.39 85,429.58 420,678.97 Unscheduled Principal 938,627.38 6,617,294.93 16,536,385.47 Scheduled Interest 240,403.88 398,534.65 2,228,445.56 Servicing Fees 15,740.66 16,957.35 103,652.52 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 224,663.22 381,577.30 2,124,793.04 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 FeePass-Through Rate 0.00 0.00 0.00 5.289614 5.670061 5.864497
Miscellaneous Reporting Group Group 1 Senior Percentage Group 1 96.962301% Senior Prepayment Percentage Group 1 100.000000% Subordinate Percentage Group 1 3.037699% Group Group 2 Senior Percentage Group 2 96.946796% Senior Prepayment Percentage Group 2 100.000000% Subordinate Percentage Group 2 3.053204% Group Group 3 Senior Percentage Group 3 96.997615% Senior Prepayment Percentage Group 3 100.000000% Subordinate Percentage Group 3 3.002385%
Miscellaneous Reporting Group Group 4 Senior Percentage Group 4 96.966232% Senior Prepayment Percentage Group 4 100.000000% Subordinate Percentage Group 4 3.033768% Group Group 5 Senior Percentage Group 5 96.948851% Senior Prepayment Percentage Group 5 100.000000% Subordinate Percentage Group 5 3.051149%
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