-----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, Sa5jLJz3+gtSMogw5pB1gmi8FZjSsTiQq4am1wrmgK7mUdTXnvMe2yE6yTwPjoUT XW+mYULTKRqhwTNBdJZG6w== 0001056404-03-001572.txt : 20030908 0001056404-03-001572.hdr.sgml : 20030908 20030908103918 ACCESSION NUMBER: 0001056404-03-001572 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030825 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030908 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: 03885244 BUSINESS ADDRESS: STREET 1: 245 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 11201 8-K 1 bst02007.txt AUGUST 8-K 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): August 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 August 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 August 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: 9/3/03 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 August 25, 2003 distribution. EX-99.1
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 7/31/03 Distribution Date: 8/25/03 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 5.59947% 47,978,553.64 221,492.20 5,364,437.38 II-A 07384MMS8 SEN 5.77451% 18,177,917.39 86,541.30 1,718,029.81 III-A 07384MMT6 SEN 6.05807% 14,547,286.28 72,657.45 1,183,558.78 IV-A 07384MMU3 SEN 6.50634% 8,191,156.80 43,938.56 375,329.80 V-A-1 07384MMV1 SEN 5.29924% 21,053,165.23 91,980.36 3,154,787.12 V-A-2 07384MNE8 SEN 5.79424% 44,163,555.55 210,971.90 6,617,846.52 V-X 07384MNF5 SEN 0.49500% 0.00 8,591.85 0.00 VI-A 07384MMW9 SEN 5.60793% 31,589,189.41 146,051.26 4,331,195.15 VI-X 07384MNG3 SEN 0.47900% 0.00 12,474.93 0.00 VII-A 07384MMX7 SEN 5.54535% 35,115,654.11 160,543.93 5,630,552.40 VII-X 07384MNH1 SEN 0.64700% 0.00 18,731.35 0.00 B-1 07384MNB4 SUB 5.91559% 7,573,143.03 36,935.01 466,354.20 B-2 07384MNC2 SUB 5.91559% 5,149,986.66 25,117.03 317,136.21 B-3 07384MND0 SUB 5.91559% 3,029,274.78 14,774.09 186,542.76 B-4 07384MNJ7 SUB 5.91559% 1,514,681.30 7,387.26 93,274.08 B-5 07384MNL2 SUB 5.91559% 1,211,709.91 5,909.64 74,617.10 B-6 07384MNN8 SUB 5.91559% 1,211,985.18 5,910.98 74,634.06 R-I 07384MMZ2 SEN 5.64040% 0.00 0.00 0.00 R-II 07384MNA6 SEN 5.64040% 0.00 0.00 0.00 Totals 240,507,259.27 1,170,009.10 29,588,295.37
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 42,614,116.27 5,585,929.58 0.00 II-A 0.00 16,459,887.58 1,804,571.11 0.00 III-A 0.00 13,363,727.50 1,256,216.23 0.00 IV-A 0.00 7,815,826.99 419,268.36 0.00 V-A-1 0.00 17,898,378.11 3,246,767.48 0.00 V-A-2 0.00 37,545,709.02 6,828,818.42 0.00 V-X 0.00 0.00 8,591.85 0.00 VI-A 0.00 27,257,994.27 4,477,246.41 0.00 VI-X 0.00 0.00 12,474.93 0.00 VII-A 0.00 29,485,101.72 5,791,096.33 0.00 VII-X 0.00 0.00 18,731.35 0.00 B-1 0.00 7,106,788.83 503,289.21 0.00 B-2 0.00 4,832,850.45 342,253.24 0.00 B-3 0.00 2,842,732.01 201,316.85 0.00 B-4 0.00 1,421,407.21 100,661.34 0.00 B-5 0.00 1,137,092.81 80,526.74 0.00 B-6 0.00 1,137,351.13 80,545.04 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 Totals 0.00 210,918,963.90 30,758,304.47 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 47,978,553.64 53,090.27 5,311,347.11 0.00 0.00 II-A 59,280,900.00 18,177,917.39 20,222.31 1,697,807.50 0.00 0.00 III-A 30,541,200.00 14,547,286.28 6,281.12 1,177,277.66 0.00 0.00 IV-A 46,458,500.00 8,191,156.80 9,515.80 365,814.00 0.00 0.00 V-A-1 70,000,000.00 21,053,165.23 24,395.99 3,130,391.13 0.00 0.00 V-A-2 146,840,100.00 44,163,555.55 51,175.85 6,566,670.67 0.00 0.00 V-X 0.00 0.00 0.00 0.00 0.00 0.00 VI-A 73,744,800.00 31,589,189.41 1,166.67 4,330,028.48 0.00 0.00 VI-X 0.00 0.00 0.00 0.00 0.00 0.00 VII-A 111,119,500.00 35,115,654.11 32,152.51 5,598,399.88 0.00 0.00 VII-X 0.00 0.00 0.00 0.00 0.00 0.00 B-1 8,623,700.00 7,573,143.03 7,128.25 459,225.95 0.00 0.00 B-2 5,864,400.00 5,149,986.66 4,847.45 312,288.77 0.00 0.00 B-3 3,449,500.00 3,029,274.78 2,851.32 183,691.44 0.00 0.00 B-4 1,724,800.00 1,514,681.30 1,425.70 91,848.38 0.00 0.00 B-5 1,379,800.00 1,211,709.91 1,140.53 73,476.58 0.00 0.00 B-6 1,380,114.00 1,211,985.18 1,140.79 73,493.27 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 689,905,814.00 240,507,259.27 216,534.56 29,371,760.82 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 I-A 5,364,437.38 42,614,116.27 0.32907060 5,364,437.38 II-A 1,718,029.81 16,459,887.58 0.27765921 1,718,029.81 III-A 1,183,558.78 13,363,727.50 0.43756393 1,183,558.78 IV-A 375,329.80 7,815,826.99 0.16823244 375,329.80 V-A-1 3,154,787.12 17,898,378.11 0.25569112 3,154,787.12 V-A-2 6,617,846.52 37,545,709.02 0.25569112 6,617,846.52 V-X 0.00 0.00 0.00000000 0.00 VI-A 4,331,195.15 27,257,994.27 0.36962598 4,331,195.15 VI-X 0.00 0.00 0.00000000 0.00 VII-A 5,630,552.40 29,485,101.72 0.26534588 5,630,552.40 VII-X 0.00 0.00 0.00000000 0.00 B-1 466,354.20 7,106,788.83 0.82409973 466,354.20 B-2 317,136.21 4,832,850.45 0.82409973 317,136.21 B-3 186,542.76 2,842,732.01 0.82409973 186,542.76 B-4 93,274.08 1,421,407.21 0.82409973 93,274.08 B-5 74,617.10 1,137,092.81 0.82409973 74,617.10 B-6 74,634.06 1,137,351.13 0.82409941 74,634.06 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 Totals 29,588,295.37 210,918,963.90 0.30572139 29,588,295.37
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 129,498,400.00 370.49533925 0.40996854 41.01477014 0.00000000 II-A 59,280,900.00 306.64037472 0.34112691 28.64004258 0.00000000 III-A 30,541,200.00 476.31678781 0.20566055 38.54719723 0.00000000 IV-A 46,458,500.00 176.31126274 0.20482366 7.87399507 0.00000000 V-A-1 70,000,000.00 300.75950329 0.34851414 44.71987329 0.00000000 V-A-2 146,840,100.00 300.75950336 0.34851413 44.71987332 0.00000000 V-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 VI-A 73,744,800.00 428.35819488 0.01582037 58.71639058 0.00000000 VI-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 VII-A 111,119,500.00 316.01702770 0.28935074 50.38179509 0.00000000 VII-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 8,623,700.00 878.17793175 0.82658836 53.25161474 0.00000000 B-2 5,864,400.00 878.17793125 0.82658925 53.25161483 0.00000000 B-3 3,449,500.00 878.17793303 0.82658936 53.25161328 0.00000000 B-4 1,724,800.00 878.17793367 0.82658859 53.25161178 0.00000000 B-5 1,379,800.00 878.17793158 0.82659081 53.25161618 0.00000000 B-6 1,380,114.00 878.17758533 0.82659114 53.25159371 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 41.42473868 329.07060064 0.32907060 41.42473868 II-A 0.00000000 28.98116948 277.65920524 0.27765921 28.98116948 III-A 0.00000000 38.75285778 437.56393004 0.43756393 38.75285778 IV-A 0.00000000 8.07881873 168.23244379 0.16823244 8.07881873 V-A-1 0.00000000 45.06838743 255.69111586 0.25569112 45.06838743 V-A-2 0.00000000 45.06838745 255.69111585 0.25569112 45.06838745 V-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 VI-A 0.00000000 58.73221095 369.62598407 0.36962598 58.73221095 VI-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 VII-A 0.00000000 50.67114593 265.34588187 0.26534588 50.67114593 VII-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 54.07820309 824.09972865 0.82409973 54.07820309 B-2 0.00000000 54.07820237 824.09972887 0.82409973 54.07820237 B-3 0.00000000 54.07820264 824.09972750 0.82409973 54.07820264 B-4 0.00000000 54.07820037 824.09972750 0.82409973 54.07820037 B-5 0.00000000 54.07819974 824.09973185 0.82409973 54.07819974 B-6 0.00000000 54.07818485 824.09940773 0.82409941 54.07818485 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 5.59947% 47,978,553.64 223,878.86 0.00 0.00 II-A 59,280,900.00 5.77451% 18,177,917.39 87,473.82 0.00 0.00 III-A 30,541,200.00 6.05807% 14,547,286.28 73,440.36 0.00 0.00 IV-A 46,458,500.00 6.50634% 8,191,156.80 44,412.02 0.00 0.00 V-A-1 70,000,000.00 5.29924% 21,053,165.23 92,971.48 0.00 0.00 V-A-2 146,840,100.00 5.79424% 44,163,555.55 213,245.20 0.00 0.00 V-X 0.00 0.49500% 21,053,165.23 8,684.43 0.00 0.00 VI-A 73,744,800.00 5.60793% 31,589,189.41 147,625.02 0.00 0.00 VI-X 0.00 0.47900% 31,589,189.41 12,609.35 0.00 0.00 VII-A 111,119,500.00 5.54535% 35,115,654.11 162,273.85 0.00 0.00 VII-X 0.00 0.64700% 35,115,654.11 18,933.19 0.00 0.00 B-1 8,623,700.00 5.91559% 7,573,143.03 37,333.00 0.00 0.00 B-2 5,864,400.00 5.91559% 5,149,986.66 25,387.67 0.00 0.00 B-3 3,449,500.00 5.91559% 3,029,274.78 14,933.29 0.00 0.00 B-4 1,724,800.00 5.91559% 1,514,681.30 7,466.86 0.00 0.00 B-5 1,379,800.00 5.91559% 1,211,709.91 5,973.31 0.00 0.00 B-6 1,380,114.00 5.91559% 1,211,985.18 5,974.67 0.00 0.00 R-I 50.00 5.64040% 0.00 0.00 0.00 0.00 R-II 50.00 5.64040% 0.00 0.00 0.00 0.00 Totals 689,905,814.00 1,182,616.38 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 2,386.66 0.00 221,492.20 0.00 42,614,116.27 II-A 932.51 0.00 86,541.30 0.00 16,459,887.58 III-A 782.91 0.00 72,657.45 0.00 13,363,727.50 IV-A 473.45 0.00 43,938.56 0.00 7,815,826.99 V-A-1 991.12 0.00 91,980.36 0.00 17,898,378.11 V-A-2 2,273.30 0.00 210,971.90 0.00 37,545,709.02 V-X 92.58 0.00 8,591.85 0.00 17,898,378.11 VI-A 1,573.76 0.00 146,051.26 0.00 27,257,994.27 VI-X 134.42 0.00 12,474.93 0.00 27,257,994.27 VII-A 1,729.92 0.00 160,543.93 0.00 29,485,101.72 VII-X 201.84 0.00 18,731.35 0.00 29,485,101.72 B-1 397.99 0.00 36,935.01 0.00 7,106,788.83 B-2 270.65 0.00 25,117.03 0.00 4,832,850.45 B-3 159.20 0.00 14,774.09 0.00 2,842,732.01 B-4 79.60 0.00 7,387.26 0.00 1,421,407.21 B-5 63.68 0.00 5,909.64 0.00 1,137,092.81 B-6 63.69 0.00 5,910.98 0.00 1,137,351.13 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 12,607.28 0.00 1,170,009.10 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 5.59947% 370.49533925 1.72881565 0.00000000 0.00000000 II-A 59,280,900.00 5.77451% 306.64037472 1.47558185 0.00000000 0.00000000 III-A 30,541,200.00 6.05807% 476.31678781 2.40463243 0.00000000 0.00000000 IV-A 46,458,500.00 6.50634% 176.31126274 0.95595036 0.00000000 0.00000000 V-A-1 70,000,000.00 5.29924% 300.75950329 1.32816400 0.00000000 0.00000000 V-A-2 146,840,100.00 5.79424% 300.75950336 1.45222729 0.00000000 0.00000000 V-X 0.00 0.49500% 300.75950329 0.12406329 0.00000000 0.00000000 VI-A 73,744,800.00 5.60793% 428.35819488 2.00183633 0.00000000 0.00000000 VI-X 0.00 0.47900% 428.35819488 0.17098629 0.00000000 0.00000000 VII-A 111,119,500.00 5.54535% 316.01702770 1.46035439 0.00000000 0.00000000 VII-X 0.00 0.64700% 316.01702770 0.17038585 0.00000000 0.00000000 B-1 8,623,700.00 5.91559% 878.17793175 4.32911627 0.00000000 0.00000000 B-2 5,864,400.00 5.91559% 878.17793125 4.32911636 0.00000000 0.00000000 B-3 3,449,500.00 5.91559% 878.17793303 4.32911726 0.00000000 0.00000000 B-4 1,724,800.00 5.91559% 878.17793367 4.32911642 0.00000000 0.00000000 B-5 1,379,800.00 5.91559% 878.17793158 4.32911291 0.00000000 0.00000000 B-6 1,380,114.00 5.91559% 878.17758533 4.32911339 0.00000000 0.00000000 R-I 50.00 5.64040% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 5.64040% 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 0.01843003 0.00000000 1.71038561 0.00000000 329.07060064 II-A 0.01573036 0.00000000 1.45985132 0.00000000 277.65920524 III-A 0.02563455 0.00000000 2.37899788 0.00000000 437.56393004 IV-A 0.01019082 0.00000000 0.94575933 0.00000000 168.23244379 V-A-1 0.01415886 0.00000000 1.31400514 0.00000000 255.69111586 V-A-2 0.01548147 0.00000000 1.43674582 0.00000000 255.69111585 V-X 0.00132257 0.00000000 0.12274071 0.00000000 255.69111586 VI-A 0.02134062 0.00000000 1.98049571 0.00000000 369.62598407 VI-X 0.00182277 0.00000000 0.16916352 0.00000000 369.62598407 VII-A 0.01556810 0.00000000 1.44478629 0.00000000 265.34588187 VII-X 0.00181642 0.00000000 0.16856942 0.00000000 265.34588187 B-1 0.04615072 0.00000000 4.28296555 0.00000000 824.09972865 B-2 0.04615135 0.00000000 4.28296671 0.00000000 824.09972887 B-3 0.04615162 0.00000000 4.28296565 0.00000000 824.09972750 B-4 0.04615028 0.00000000 4.28296614 0.00000000 824.09972750 B-5 0.04615162 0.00000000 4.28296855 0.00000000 824.09973185 B-6 0.04614836 0.00000000 4.28296503 0.00000000 824.09940773 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 30,814,734.17 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 10,837.73 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 30,825,571.90 Withdrawals Reimbursement for Servicer Advances 3,380.39 Payment of Service Fee 63,887.02 Payment of Interest and Principal 30,758,304.49 Total Withdrawals (Pool Distribution Amount) 30,825,571.90 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 12,607.26 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 12,607.28
SERVICING FEES Gross Servicing Fee 63,887.02 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 63,887.02
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 6 0 0 0 6 1,414,067.98 0.00 0.00 0.00 1,414,067.98 60 Days 1 0 0 0 1 496,117.44 0.00 0.00 0.00 496,117.44 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 1,910,185.42 0.00 0.00 0.00 1,910,185.42 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 1.117318% 0.000000% 0.000000% 0.000000% 1.117318% 0.669932% 0.000000% 0.000000% 0.000000% 0.669932% 60 Days 0.186220% 0.000000% 0.000000% 0.000000% 0.186220% 0.235042% 0.000000% 0.000000% 0.000000% 0.235042% 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 1.303538% 0.000000% 0.000000% 0.000000% 1.303538% 0.904974% 0.000000% 0.000000% 0.000000% 0.904974%
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 1 0 0 0 1 496,117.44 0.00 0.00 0.00 496,117.44 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 0 0 1 496,117.44 0.00 0.00 0.00 496,117.44 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 1.098901% 0.000000% 0.000000% 0.000000% 1.098901% 1.072231% 0.000000% 0.000000% 0.000000% 1.072231% 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 1.098901% 0.000000% 0.000000% 0.000000% 1.098901% 1.072231% 0.000000% 0.000000% 0.000000% 1.072231% 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 1 0 0 0 1 206,600.00 0.00 0.00 0.00 206,600.00 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 1 0 0 0 1 206,600.00 0.00 0.00 0.00 206,600.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.515152% 0.000000% 0.000000% 0.000000% 1.515152% 1.447516% 0.000000% 0.000000% 0.000000% 1.447516% 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 1.515152% 0.000000% 0.000000% 0.000000% 1.515152% 1.447516% 0.000000% 0.000000% 0.000000% 1.447516% 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 1 0 0 0 1 133,210.22 0.00 0.00 0.00 133,210.22 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 0 0 1 133,210.22 0.00 0.00 0.00 133,210.22 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.653595% 0.000000% 0.000000% 0.000000% 0.653595% 0.217165% 0.000000% 0.000000% 0.000000% 0.217165% 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 0.653595% 0.000000% 0.000000% 0.000000% 0.653595% 0.217165% 0.000000% 0.000000% 0.000000% 0.217165% 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 2 0 0 0 2 369,454.88 0.00 0.00 0.00 369,454.88 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 2 369,454.88 0.00 0.00 0.00 369,454.88 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.298851% 0.000000% 0.000000% 0.000000% 2.298851% 1.258863% 0.000000% 0.000000% 0.000000% 1.258863% 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 2.298851% 0.000000% 0.000000% 0.000000% 2.298851% 1.258863% 0.000000% 0.000000% 0.000000% 1.258863% 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 2 0 0 0 2 704,802.88 0.00 0.00 0.00 704,802.88 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 2 704,802.88 0.00 0.00 0.00 704,802.88 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.631579% 0.000000% 0.000000% 0.000000% 2.631579% 2.162221% 0.000000% 0.000000% 0.000000% 2.162221% 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 2.631579% 0.000000% 0.000000% 0.000000% 2.631579% 2.162221% 0.000000% 0.000000% 0.000000% 2.162221%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 10,837.73
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 560,407,414.00 81.22955375% 168,304,847.63 79.79597686% 20.204023% 0.000000% Class 2A 501,126,514.00 72.63694606% 151,844,960.05 71.99208513% 7.803892% 89.077224% Class 3A 470,585,314.00 68.21008092% 138,481,232.55 65.65613162% 6.335954% 72.321499% Class B-1 13,798,714.00 2.00008664% 11,371,433.61 5.39137563% 3.369440% 38.460349% Class B-2 7,934,314.00 1.15005756% 6,538,583.16 3.10004517% 2.291330% 26.154304% Class B-3 4,484,814.00 0.65006178% 3,695,851.15 1.75226119% 1.347784% 15.384229% Class B-4 2,760,014.00 0.40005664% 2,274,443.94 1.07834966% 0.673912% 7.692337% Class B-5 1,380,214.00 0.20005832% 1,137,351.13 0.53923607% 0.539114% 6.153692% Class B-6 100.00 0.00001449% 0.00 0.00000000% 0.539236% 6.155090% 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 6.219372% Weighted Average Net Coupon 5.900610% Weighted Average Pass-Through Rate 5.900610% Weighted Average Maturity(Stepdown Calculation ) 343 Beginning Scheduled Collateral Loan Count 608 Number Of Loans Paid In Full 71 Ending Scheduled Collateral Loan Count 537 Beginning Scheduled Collateral Balance 240,507,259.28 Ending Scheduled Collateral Balance 210,918,963.90 Ending Actual Collateral Balance at 31-Jul-2003 211,076,252.22 Monthly P &I Constant 1,463,037.94 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 29,461,284.53 Ending Scheduled Balance for Premium Loans 210,918,963.90 Scheduled Principal 216,534.55 Unscheduled Principal 29,371,760.83
Miscellaneous Reporting Average Loss Severity Group 1 0 Senior Percentage Group 1 92.632282% Senior Prepayment Percentage Grp 1 96.316141% Subordinate Percentage Group 1 7.367718% Subordinate Prepayment Pct Group 1 0.000000% Average Loss Severity Group 2 0 Senior Percentage Group 2 91.232450% Senior Prepayment Percentage Grp 2 95.616225% Subordinate Percentage Group 2 8.767550% Subordinate Prepayment Pct Group 2 0.000000% Average Loss Severity Group 3 0 Senior Percentage Group 3 93.927541% Senior Prepayment Percentage Grp 3 96.963771% Subordinate Percentage Group 3 6.072459% Subordinate Prepayment Pct Group 3 0.000000% Average Loss Severity Group 4 0 Senior Percentage Group 4 86.216014% Senior Prepayment Percentage Grp 4 93.108007% Subordinate Percentage Group 4 13.783986% Subordinate Prepayment Pct Group 4 0.000000% Average Loss Severity Group 5 0 Senior Percentage Group 5 91.196588% Senior Prepayment Percentage Grp 5 95.598294% Subordinate Percentage Group 5 8.803412% Subordinate Prepayment Pct Group 5 0.000000% Average Loss Severity Group 6 0 Senior Percentage Group 6 93.386445% Senior Prepayment Percentage Grp 6 96.693222% Subordinate Percentage Group 6 6.613555% Subordinate Prepayment Pct Group 6 0.000000% Average Loss Severity Group 7 0 Senior Percentage Group 7 91.302634% Senior Prepayment Percentage Grp 7 95.651317% Subordinate Percentage Group 7 8.697366% 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 5.971314 6.035757 6.381983 Weighted Average Net Rate 5.599473 5.774511 6.058067 Weighted Average Maturity 344 342 344 Beginning Loan Count 103 48 72 Loans Paid In Full 12 4 6 Ending Loan Count 91 44 66 Beginning Scheduled Balance 51,794,636.65 19,924,837.50 15,487,775.06 Ending scheduled Balance 46,222,830.45 18,127,023.89 14,266,946.07 Record Date 07/31/2003 07/31/2003 07/31/2003 Principal And Interest Constant 315,047.97 122,383.59 89,056.13 Scheduled Principal 57,312.92 22,165.70 6,687.20 Unscheduled Principal 5,514,493.28 1,775,647.91 1,214,141.79 Scheduled Interest 257,735.05 100,217.89 82,368.93 Servicing Fees 16,049.48 4,337.73 4,180.61 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 241,685.57 95,880.16 78,188.32 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 5.599473 5.774511 6.058067
Group Level Collateral Statement Group Group 4 Group 5 Group 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.756336 6.065362 6.457500 Weighted Average Net Rate 6.506336 5.794240 6.086932 Weighted Average Maturity 331 343 345 Beginning Loan Count 21 177 98 Loans Paid In Full 1 24 11 Ending Loan Count 20 153 87 Beginning Scheduled Balance 9,500,737.02 71,512,237.97 33,826,311.12 Ending scheduled Balance 9,096,807.76 61,285,819.89 29,346,952.23 Record Date 07/31/2003 07/31/2003 07/31/2003 Principal And Interest Constant 64,528.97 444,323.29 183,277.12 Scheduled Principal 11,037.16 82,866.96 1,249.29 Unscheduled Principal 392,892.10 10,143,551.12 4,478,109.60 Scheduled Interest 53,491.81 361,456.33 182,027.83 Servicing Fees 1,979.32 16,157.11 10,445.79 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 51,512.49 345,299.22 171,582.04 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 Fee 0.00 0.00 0.00 Pass-Through Rate 6.506336 5.794240 6.086932
Group Level Collateral Statement Group Group 7 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.527351 6.219372 Weighted Average Net Rate 6.192351 5.900610 Weighted Average Maturity 344.00 343.00 Record Date 07/31/2003 07/31/2003 Principal And Interest Constant 244,420.87 1,463,037.94 Beginning Loan Count 89 608 Loans Paid In Full 13 71 Ending Loan Count 76 537 Beginning Scheduled Balance 38,460,723.96 240,507,259.28 Ending Scheduled Balance 32,572,583.61 210,918,963.90 Scheduled Principal 35,215.32 216,534.55 Unscheduled Principal 5,852,925.03 29,371,760.83 Scheduled Interest 209,205.55 1,246,503.39 Servicing Fee 10,736.98 63,887.02 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 198,468.57 1,182,616.37 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 6.192351 5.900610
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