-----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, CP/ff7wQj7WKmmF5sjlS8Kxvyz/TVivUFdoig/TBgi9/zUYfB+Aqew7QnXcx+36T wVVedCscRF+dIYgWhutk9g== 0001056404-03-001328.txt : 20030808 0001056404-03-001328.hdr.sgml : 20030808 20030808104603 ACCESSION NUMBER: 0001056404-03-001328 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030725 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEAR STEARNS ARM TRUST 2002-7 CENTRAL INDEX KEY: 0001176457 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: 333-68542-04 FILM NUMBER: 03830426 BUSINESS ADDRESS: STREET 1: 245 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 11201 8-K 1 bst02007.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, 2003 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2002-7 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-68542-04 90-0073006 Pooling and Servicing Agreement) (Commission 90-0072891 (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, 2003 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2002-7 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 2002-7 Trust, relating to the July 25, 2003 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 2002-7 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: 8/1/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-7 Trust, relating to the July 25, 2003 distribution. EX-99.1
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 6/30/03 Distribution Date: 7/25/03 BST Series: 2002-7 Contact: CTSLink Customer Service Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Telephone: (301) 815-6600 Fax: (301) 815-6600 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution I-A 07384MMR0 SEN 5.61389% 54,203,193.99 251,144.29 6,224,640.34 II-A 07384MMS8 SEN 5.79016% 20,511,018.65 98,019.51 2,333,101.26 III-A 07384MMT6 SEN 6.06820% 15,193,683.03 76,095.33 646,396.75 IV-A 07384MMU3 SEN 6.47369% 8,801,235.55 47,025.20 610,078.76 V-A-1 07384MMV1 SEN 5.31848% 24,015,256.30 105,416.69 2,962,091.07 V-A-2 07384MNE8 SEN 5.81348% 50,377,180.53 241,715.61 6,213,624.98 V-X 07384MNF5 SEN 0.49500% 0.00 9,811.32 0.00 VI-A 07384MMW9 SEN 5.60938% 34,824,428.99 161,225.48 3,235,239.58 VI-X 07384MNG3 SEN 0.47900% 0.00 13,767.48 0.00 VII-A 07384MMX7 SEN 5.53281% 39,379,659.77 179,826.13 4,264,005.66 VII-X 07384MNH1 SEN 0.64700% 0.00 21,028.64 0.00 B-1 07384MNB4 SUB 5.92062% 7,988,902.51 39,038.18 415,759.48 B-2 07384MNC2 SUB 5.92062% 5,432,716.80 26,547.25 282,730.14 B-3 07384MND0 SUB 5.92062% 3,195,579.53 15,615.36 166,304.75 B-4 07384MNJ7 SUB 5.92062% 1,597,836.09 7,807.91 83,154.79 B-5 07384MNL2 SUB 5.92062% 1,278,231.81 6,246.14 66,521.90 B-6 07384MNN8 SUB 5.92062% 1,278,522.20 6,247.56 66,537.01 R-I 07384MMZ2 SEN 5.64025% 0.00 0.00 0.00 R-II 07384MNA6 SEN 5.64025% 0.00 0.00 0.00 Totals 268,077,445.75 1,306,578.08 27,570,186.47
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 47,978,553.64 6,475,784.63 0.00 II-A 0.00 18,177,917.39 2,431,120.77 0.00 III-A 0.00 14,547,286.28 722,492.08 0.00 IV-A 0.00 8,191,156.80 657,103.96 0.00 V-A-1 0.00 21,053,165.23 3,067,507.76 0.00 V-A-2 0.00 44,163,555.55 6,455,340.59 0.00 V-X 0.00 0.00 9,811.32 0.00 VI-A 0.00 31,589,189.41 3,396,465.06 0.00 VI-X 0.00 0.00 13,767.48 0.00 VII-A 0.00 35,115,654.11 4,443,831.79 0.00 VII-X 0.00 0.00 21,028.64 0.00 B-1 0.00 7,573,143.03 454,797.66 0.00 B-2 0.00 5,149,986.66 309,277.39 0.00 B-3 0.00 3,029,274.78 181,920.11 0.00 B-4 0.00 1,514,681.30 90,962.70 0.00 B-5 0.00 1,211,709.91 72,768.04 0.00 B-6 0.00 1,211,985.18 72,784.57 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 Totals 0.00 240,507,259.27 28,876,764.55 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 129,498,400.00 54,203,193.99 59,434.59 6,165,205.75 0.00 0.00 II-A 59,280,900.00 20,511,018.65 22,608.52 2,310,492.73 0.00 0.00 III-A 30,541,200.00 15,193,683.03 6,257.21 640,139.54 0.00 0.00 IV-A 46,458,500.00 8,801,235.55 10,079.95 599,998.81 0.00 0.00 V-A-1 70,000,000.00 24,015,256.30 27,296.62 2,934,794.45 0.00 0.00 V-A-2 146,840,100.00 50,377,180.53 57,260.55 6,156,364.43 0.00 0.00 V-X 0.00 0.00 0.00 0.00 0.00 0.00 VI-A 73,744,800.00 34,824,428.99 1,164.44 3,234,075.13 0.00 0.00 VI-X 0.00 0.00 0.00 0.00 0.00 0.00 VII-A 111,119,500.00 39,379,659.77 34,692.72 4,229,312.94 0.00 0.00 VII-X 0.00 0.00 0.00 0.00 0.00 0.00 B-1 8,623,700.00 7,988,902.51 7,389.49 408,369.99 0.00 0.00 B-2 5,864,400.00 5,432,716.80 5,025.10 277,705.04 0.00 0.00 B-3 3,449,500.00 3,195,579.53 2,955.81 163,348.94 0.00 0.00 B-4 1,724,800.00 1,597,836.09 1,477.95 81,676.84 0.00 0.00 B-5 1,379,800.00 1,278,231.81 1,182.33 65,339.58 0.00 0.00 B-6 1,380,114.00 1,278,522.20 1,182.59 65,354.42 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 Totals 689,905,814.00 268,077,445.75 238,007.87 27,332,178.59 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 6,224,640.34 47,978,553.64 0.37049534 6,224,640.34 II-A 2,333,101.26 18,177,917.39 0.30664037 2,333,101.26 III-A 646,396.75 14,547,286.28 0.47631679 646,396.75 IV-A 610,078.76 8,191,156.80 0.17631126 610,078.76 V-A-1 2,962,091.07 21,053,165.23 0.30075950 2,962,091.07 V-A-2 6,213,624.98 44,163,555.55 0.30075950 6,213,624.98 V-X 0.00 0.00 0.00000000 0.00 VI-A 3,235,239.58 31,589,189.41 0.42835819 3,235,239.58 VI-X 0.00 0.00 0.00000000 0.00 VII-A 4,264,005.66 35,115,654.11 0.31601703 4,264,005.66 VII-X 0.00 0.00 0.00000000 0.00 B-1 415,759.48 7,573,143.03 0.87817793 415,759.48 B-2 282,730.14 5,149,986.66 0.87817793 282,730.14 B-3 166,304.75 3,029,274.78 0.87817793 166,304.75 B-4 83,154.79 1,514,681.30 0.87817793 83,154.79 B-5 66,521.90 1,211,709.91 0.87817793 66,521.90 B-6 66,537.01 1,211,985.18 0.87817759 66,537.01 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 Totals 27,570,186.47 240,507,259.27 0.34860883 27,570,186.47
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 129,498,400.00 418.56265398 0.45896003 47.60835462 0.00000000 II-A 59,280,900.00 345.99708591 0.38137950 38.97533151 0.00000000 III-A 30,541,200.00 497.48153412 0.20487767 20.95986864 0.00000000 IV-A 46,458,500.00 189.44295554 0.21696676 12.91472626 0.00000000 V-A-1 70,000,000.00 343.07509000 0.38995171 41.92563500 0.00000000 V-A-2 146,840,100.00 343.07509005 0.38995172 41.92563496 0.00000000 V-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 VI-A 73,744,800.00 472.22894346 0.01579013 43.85495832 0.00000000 VI-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 VII-A 111,119,500.00 354.39018147 0.31221091 38.06094286 0.00000000 VII-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 8,623,700.00 926.38919605 0.85688162 47.35438269 0.00000000 B-2 5,864,400.00 926.38919583 0.85688220 47.35438238 0.00000000 B-3 3,449,500.00 926.38919554 0.85688071 47.35438179 0.00000000 B-4 1,724,800.00 926.38919875 0.85688196 47.35438312 0.00000000 B-5 1,379,800.00 926.38919409 0.85688506 47.35438469 0.00000000 B-6 1,380,114.00 926.38883455 0.85687849 47.35436348 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
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 48.06731465 370.49533925 0.37049534 48.06731465 II-A 0.00000000 39.35671118 306.64037472 0.30664037 39.35671118 III-A 0.00000000 21.16474631 476.31678781 0.47631679 21.16474631 IV-A 0.00000000 13.13169302 176.31126274 0.17631126 13.13169302 V-A-1 0.00000000 42.31558671 300.75950329 0.30075950 42.31558671 V-A-2 0.00000000 42.31558668 300.75950336 0.30075950 42.31558668 V-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 VI-A 0.00000000 43.87074858 428.35819488 0.42835819 43.87074858 VI-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 VII-A 0.00000000 38.37315377 316.01702770 0.31601703 38.37315377 VII-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 48.21126431 878.17793175 0.87817793 48.21126431 B-2 0.00000000 48.21126458 878.17793125 0.87817793 48.21126458 B-3 0.00000000 48.21126250 878.17793303 0.87817793 48.21126250 B-4 0.00000000 48.21126507 878.17793367 0.87817793 48.21126507 B-5 0.00000000 48.21126250 878.17793158 0.87817793 48.21126250 B-6 0.00000000 48.21124197 878.17758533 0.87817759 48.21124197 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 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 I-A 129,498,400.00 5.61389% 54,203,193.99 253,575.40 0.00 0.00 II-A 59,280,900.00 5.79016% 20,511,018.65 98,968.34 0.00 0.00 III-A 30,541,200.00 6.06820% 15,193,683.03 76,831.94 0.00 0.00 IV-A 46,458,500.00 6.47369% 8,801,235.55 47,480.41 0.00 0.00 V-A-1 70,000,000.00 5.31848% 24,015,256.30 106,437.14 0.00 0.00 V-A-2 146,840,100.00 5.81348% 50,377,180.53 244,055.44 0.00 0.00 V-X 0.00 0.49500% 24,015,256.30 9,906.29 0.00 0.00 VI-A 73,744,800.00 5.60938% 34,824,428.99 162,786.16 0.00 0.00 VI-X 0.00 0.47900% 34,824,428.99 13,900.75 0.00 0.00 VII-A 111,119,500.00 5.53281% 39,379,659.77 181,566.87 0.00 0.00 VII-X 0.00 0.64700% 39,379,659.77 21,232.20 0.00 0.00 B-1 8,623,700.00 5.92062% 7,988,902.51 39,416.07 0.00 0.00 B-2 5,864,400.00 5.92062% 5,432,716.80 26,804.23 0.00 0.00 B-3 3,449,500.00 5.92062% 3,195,579.53 15,766.52 0.00 0.00 B-4 1,724,800.00 5.92062% 1,597,836.09 7,883.49 0.00 0.00 B-5 1,379,800.00 5.92062% 1,278,231.81 6,306.61 0.00 0.00 B-6 1,380,114.00 5.92062% 1,278,522.20 6,308.04 0.00 0.00 R-I 50.00 5.64025% 0.00 0.00 0.00 0.00 R-II 50.00 5.64025% 0.00 0.00 0.00 0.00 Totals 689,905,814.00 1,319,225.90 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 2,431.10 0.00 251,144.29 0.00 47,978,553.64 II-A 948.84 0.00 98,019.51 0.00 18,177,917.39 III-A 736.61 0.00 76,095.33 0.00 14,547,286.28 IV-A 455.21 0.00 47,025.20 0.00 8,191,156.80 V-A-1 1,020.45 0.00 105,416.69 0.00 21,053,165.23 V-A-2 2,339.83 0.00 241,715.61 0.00 44,163,555.55 V-X 94.97 0.00 9,811.32 0.00 21,053,165.23 VI-A 1,560.68 0.00 161,225.48 0.00 31,589,189.41 VI-X 133.27 0.00 13,767.48 0.00 31,589,189.41 VII-A 1,740.74 0.00 179,826.13 0.00 35,115,654.11 VII-X 203.56 0.00 21,028.64 0.00 35,115,654.11 B-1 377.89 0.00 39,038.18 0.00 7,573,143.03 B-2 256.98 0.00 26,547.25 0.00 5,149,986.66 B-3 151.16 0.00 15,615.36 0.00 3,029,274.78 B-4 75.58 0.00 7,807.91 0.00 1,514,681.30 B-5 60.46 0.00 6,246.14 0.00 1,211,709.91 B-6 60.48 0.00 6,247.56 0.00 1,211,985.18 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 Totals 12,647.81 0.00 1,306,578.08 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 129,498,400.00 5.61389% 418.56265398 1.95813539 0.00000000 0.00000000 II-A 59,280,900.00 5.79016% 345.99708591 1.66948106 0.00000000 0.00000000 III-A 30,541,200.00 6.06820% 497.48153412 2.51568177 0.00000000 0.00000000 IV-A 46,458,500.00 6.47369% 189.44295554 1.02199619 0.00000000 0.00000000 V-A-1 70,000,000.00 5.31848% 343.07509000 1.52053057 0.00000000 0.00000000 V-A-2 146,840,100.00 5.81348% 343.07509005 1.66204899 0.00000000 0.00000000 V-X 0.00 0.49500% 343.07509000 0.14151843 0.00000000 0.00000000 VI-A 73,744,800.00 5.60938% 472.22894346 2.20742561 0.00000000 0.00000000 VI-X 0.00 0.47900% 472.22894346 0.18849804 0.00000000 0.00000000 VII-A 111,119,500.00 5.53281% 354.39018147 1.63397846 0.00000000 0.00000000 VII-X 0.00 0.64700% 354.39018147 0.19107537 0.00000000 0.00000000 B-1 8,623,700.00 5.92062% 926.38919605 4.57066804 0.00000000 0.00000000 B-2 5,864,400.00 5.92062% 926.38919583 4.57066878 0.00000000 0.00000000 B-3 3,449,500.00 5.92062% 926.38919554 4.57066821 0.00000000 0.00000000 B-4 1,724,800.00 5.92062% 926.38919875 4.57066906 0.00000000 0.00000000 B-5 1,379,800.00 5.92062% 926.38919409 4.57066966 0.00000000 0.00000000 B-6 1,380,114.00 5.92062% 926.38883455 4.57066590 0.00000000 0.00000000 R-I 50.00 5.64025% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 5.64025% 0.00000000 0.00000000 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 I-A 0.01877320 0.00000000 1.93936211 0.00000000 370.49533925 II-A 0.01600583 0.00000000 1.65347540 0.00000000 306.64037472 III-A 0.02411857 0.00000000 2.49156320 0.00000000 476.31678781 IV-A 0.00979821 0.00000000 1.01219798 0.00000000 176.31126274 V-A-1 0.01457786 0.00000000 1.50595271 0.00000000 300.75950329 V-A-2 0.01593454 0.00000000 1.64611445 0.00000000 300.75950336 V-X 0.00135671 0.00000000 0.14016171 0.00000000 300.75950329 VI-A 0.02116325 0.00000000 2.18626235 0.00000000 428.35819488 VI-X 0.00180718 0.00000000 0.18669086 0.00000000 428.35819488 VII-A 0.01566548 0.00000000 1.61831299 0.00000000 316.01702770 VII-X 0.00183190 0.00000000 0.18924347 0.00000000 316.01702770 B-1 0.04381994 0.00000000 4.52684810 0.00000000 878.17793175 B-2 0.04382034 0.00000000 4.52684844 0.00000000 878.17793125 B-3 0.04382084 0.00000000 4.52684737 0.00000000 878.17793303 B-4 0.04381957 0.00000000 4.52684949 0.00000000 878.17793367 B-5 0.04381794 0.00000000 4.52684447 0.00000000 878.17793158 B-6 0.04382247 0.00000000 4.52684343 0.00000000 878.17758533 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 28,951,847.36 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 3,380.39 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 28,955,227.75 Withdrawals Reimbursement for Servicer Advances 7,085.55 Payment of Service Fee 71,377.65 Payment of Interest and Principal 28,876,764.55 Total Withdrawals (Pool Distribution Amount) 28,955,227.75 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 12,647.81 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 12,647.81
SERVICING FEES Gross Servicing Fee 71,377.65 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 71,377.65
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 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 1 0 1 0.00 0.00 555,528.90 0.00 555,528.90 150 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 1 0 1 0.00 0.00 555,528.90 0.00 555,528.90 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 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% 0.164474% 0.000000% 0.164474% 0.000000% 0.000000% 0.230811% 0.000000% 0.230811% 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% 0.164474% 0.000000% 0.164474% 0.000000% 0.000000% 0.230811% 0.000000% 0.230811%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 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 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 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 1 0 1 0.00 0.00 555,528.90 0.00 555,528.90 150 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 1 0 1 0.00 0.00 555,528.90 0.00 555,528.90 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% 0.564972% 0.000000% 0.564972% 0.000000% 0.000000% 0.776107% 0.000000% 0.776107% 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% 0.564972% 0.000000% 0.564972% 0.000000% 0.000000% 0.776107% 0.000000% 0.776107% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 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 7 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%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 3,380.39
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 560,407,414.00 81.22955375% 192,528,705.63 80.05109958% 19.948900% 0.000000% Class 2A 501,126,514.00 72.63694606% 174,350,788.24 72.49294211% 7.558157% 92.316894% Class 3A 470,585,314.00 68.21008092% 159,803,501.96 66.44435700% 6.048585% 73.878666% Class B-1 13,798,714.00 2.00008664% 12,117,637.83 5.03836677% 3.148821% 38.460349% Class B-2 7,934,314.00 1.15005756% 6,967,651.17 2.89706481% 2.141302% 26.154304% Class B-3 4,484,814.00 0.65006178% 3,938,376.39 1.63752911% 1.259536% 15.384229% Class B-4 2,760,014.00 0.40005664% 2,423,695.09 1.00774301% 0.629786% 7.692337% Class B-5 1,380,214.00 0.20005832% 1,211,985.18 0.50392873% 0.503814% 6.153692% Class B-6 100.00 0.00001449% 0.00 0.00000000% 0.503929% 6.155089% Class R-I 50.00 0.00000725% 0.00 0.00000000% 0.000000% 0.000000% Class R-II 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.224784% Weighted Average Net Coupon 5.905275% Weighted Average Pass-Through Rate 5.905275% Weighted Average Maturity(Stepdown Calculation ) 344 Beginning Scheduled Collateral Loan Count 674 Number Of Loans Paid In Full 66 Ending Scheduled Collateral Loan Count 608 Beginning Scheduled Collateral Balance 268,077,445.75 Ending Scheduled Collateral Balance 240,507,259.28 Ending Actual Collateral Balance at 30-Jun-2003 240,685,812.03 Monthly P &I Constant 1,628,611.42 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 27,705,919.34 Ending Scheduled Balance for Premium Loans 240,507,259.28 Scheduled Principal 238,007.87 Unscheduled Principal 27,332,178.60
Miscellaneous Reporting Average Loss Severity Group 1 0 Senior Percentage Group 1 93.060159% Senior Prepayment Percentage Grp 1 96.530080% Subordinate Percentage Group 1 6.939841% Subordinate Prepayment Pct Group 1 0.000000% Average Loss Severity Group 2 0 Senior Percentage Group 2 91.732473% Senior Prepayment Percentage Grp 2 95.866236% Subordinate Percentage Group 2 8.267527% Subordinate Prepayment Pct Group 2 0.000000% Average Loss Severity Group 3 0 Senior Percentage Group 3 94.054182% Senior Prepayment Percentage Grp 3 97.027091% Subordinate Percentage Group 3 5.945818% Subordinate Prepayment Pct Group 3 0.000000% Average Loss Severity Group 4 0 Senior Percentage Group 4 86.667091% Senior Prepayment Percentage Grp 4 93.333545% Subordinate Percentage Group 4 13.332909% Subordinate Prepayment Pct Group 4 0.000000% Average Loss Severity Group 5 0 Senior Percentage Group 5 91.743967% Senior Prepayment Percentage Grp 5 95.871984% Subordinate Percentage Group 5 8.256033% Subordinate Prepayment Pct Group 5 0.000000% Average Loss Severity Group 6 0 Senior Percentage Group 6 93.697532% Senior Prepayment Percentage Grp 6 96.848766% Subordinate Percentage Group 6 6.302468% Subordinate Prepayment Pct Group 6 0.000000% Average Loss Severity Group 7 0 Senior Percentage Group 7 91.774300% Senior Prepayment Percentage Grp 7 95.887150% Subordinate Percentage Group 7 8.225700% Subordinate Prepayment Pct Group 7 0.000000%
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.985352 6.050197 6.394173 Weighted Average Net Rate 5.613885 5.790156 6.068201 Weighted Average Maturity 345 343 345 Beginning Loan Count 116 54 76 Loans Paid In Full 13 6 4 Ending Loan Count 103 48 72 Beginning Scheduled Balance 58,245,326.94 22,359,605.11 16,154,181.24 Ending scheduled Balance 51,794,636.65 19,924,837.50 15,487,775.06 Record Date 06/30/2003 06/30/2003 06/30/2003 Principal And Interest Constant 354,382.49 137,379.49 92,729.96 Scheduled Principal 63,866.85 24,646.15 6,652.77 Unscheduled Principal 6,386,823.44 2,410,121.46 659,753.41 Scheduled Interest 290,515.64 112,733.34 86,077.19 Servicing Fees 18,030.18 4,845.33 4,388.17 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 272,485.46 107,888.01 81,689.02 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 5.613885 5.790157 6.068201
Group Level Collateral Statement Group Group 4 Group 5 Group 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.723692 6.087692 6.459340 Weighted Average Net Rate 6.473692 5.813476 6.088378 Weighted Average Maturity 332 344 346 Beginning Loan Count 22 201 105 Loans Paid In Full 1 24 7 Ending Loan Count 21 177 98 Beginning Scheduled Balance 10,155,222.08 81,087,006.69 37,166,858.32 Ending scheduled Balance 9,500,737.02 71,512,237.97 33,826,311.12 Record Date 06/30/2003 06/30/2003 06/30/2003 Principal And Interest Constant 68,531.14 503,527.09 201,303.92 Scheduled Principal 11,630.65 92,166.46 1,242.77 Unscheduled Principal 642,854.41 9,482,602.26 3,339,304.43 Scheduled Interest 56,900.49 411,360.63 200,061.15 Servicing Fees 2,115.67 18,529.49 11,489.58 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 54,784.82 392,831.14 188,571.57 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 6.473692 5.813476 6.088378
Group Level Collateral Statement Group Group 7 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.514823 6.224784 Weighted Average Net Rate 6.179812 5.905275 Weighted Average Maturity 345.00 344.00 Record Date 06/30/2003 06/30/2003 Principal And Interest Constant 270,757.33 1,628,611.42 Beginning Loan Count 100 674 Loans Paid In Full 11 66 Ending Loan Count 89 608 Beginning Scheduled Balance 42,909,245.37 268,077,445.75 Ending Scheduled Balance 38,460,723.96 240,507,259.28 Scheduled Principal 37,802.22 238,007.87 Unscheduled Principal 4,410,719.19 27,332,178.60 Scheduled Interest 232,955.11 1,390,603.55 Servicing Fee 11,979.23 71,377.65 Master Servicing Fee 0.00 0.00 Trustee Fee 0.00 0.00 Fry Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 220,975.88 1,319,225.90 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.179812 5.905275
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