-----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, OCTkW7x0COTy9k3tKvy3P57gKkAfiiL/HRlIGTnoTwJJBEdWDSVeBwq9V4jCNrSH 9G9yHQMFMMU8lo1QXUbatg== 0001071787-03-000117.txt : 20030106 0001071787-03-000117.hdr.sgml : 20030106 20030106135938 ACCESSION NUMBER: 0001071787-03-000117 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021225 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CWABS INC ASSET BACKED CERTIFICATES SERIES 2002 S2 CENTRAL INDEX KEY: 0001176519 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-73712-09 FILM NUMBER: 03504612 BUSINESS ADDRESS: STREET 1: 4500 PARK GRANADA CITY: CALABASAS STATE: CA ZIP: 91302 MAIL ADDRESS: STREET 1: 4500 PARK GRANADA CITY: CALABASAS STATE: CA ZIP: 91302 8-K 1 cwa02s2_8k0212.txt 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): December 25, 2002 CWA (Depositor) (Issuer in respect of Asset Backed Certificates, Series 2002-S2) (Exact name of registrant as specified in charter) Delaware 33-63714 95-4449516 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) , , N/A 91110-7137 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (818)-304-4428 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events CWA Asset Backed Certificates Series 2002-S2 On December 25, 2002, The Bank of New York, as Trustee for CWA, Asset Backed Certificates Series 2002-S2, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of June 1, 2002, among CWA as Depositor, Countrywide Home Loans Servicing LP, Seller and Master Servicer and The Bank of New York, as Trustee. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99 Report to Holders of CWA, Asset Backed Certificates Series 2002-S2 relating to the distribution date of December 25, 2002 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of June 1, 2002. SIGNATURES 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 thereunto duly authorized. Dated: December 25, 2002 CWA By: /s/ Courtney Bartholomew ------------------------------ Name: Courtney Bartholomew Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated December 25, 2002 Payment Date: 12/25/02 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2002-S2 ------------------------------------------------------------
Class Information Current Payment Information - ---------------------------------------------------------------------------------------------------------------------------------- Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls - ---------------------------------------------------------------------------------------------------------------------------------- Senior 1A1 101,395,546.06 1.510000% 9,387,453.81 131,842.38 9,519,296.18 0.00 0.00 2A1 82,693,700.89 3.204000% 7,655,990.10 220,792.18 7,876,782.29 0.00 0.00 A2 70,950,000.00 4.599000% 0.00 271,915.87 271,915.87 0.00 0.00 A3 30,745,000.00 5.337000% 0.00 136,738.39 136,738.39 0.00 0.00 A4 11,180,000.00 5.703000% 0.00 53,132.95 53,132.95 0.00 0.00 A5 43,000,000.00 5.478000% 0.00 196,295.00 196,295.00 0.00 0.00 AIO 368,989,246.95 3.748601% 0.00 1,152,661.33 1,152,661.33 0.00 0.00 Residual AR 0.00 3.204000% 0.00 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate M1 25,800,000.00 5.678000% 0.00 122,077.00 122,077.00 0.00 0.00 M2 3,225,000.00 6.068000% 0.00 16,307.75 16,307.75 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 368,989,246.95 - 17,043,443.91 2,301,762.85 19,345,206.76 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior 1A1 92,008,092.25 0.00 2A1 75,037,710.79 0.00 A2 70,950,000.00 0.00 A3 30,745,000.00 0.00 A4 11,180,000.00 0.00 A5 43,000,000.00 0.00 AIO 351,945,803.04 0.00 Residual AR 0.00 0.00 - -------------------------------------------------------------------------------- Subordinate M1 25,800,000.00 0.00 M2 3,225,000.00 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 351,945,803.04 - - --------------------------------------------------------------------------------
Payment Date: 12/25/02 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2002-S2 ------------------------------------------------------------
Class Information Current Payment Information Factors per $1,000 - ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal. - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Senior 1A1 101,395,546.06 1.510000% 126671QJ8 69.536695 0.976610 681.541424 2A1 82,693,700.89 3.204000% 126671QK5 69.536695 2.005379 681.541424 A2 70,950,000.00 4.599000% 126671QS8 0.000000 3.832500 1,000.000000 A3 30,745,000.00 5.337000% 126671QL3 0.000000 4.447500 1,000.000000 A4 11,180,000.00 5.703000% 126671QM1 0.000000 4.752500 1,000.000000 A5 43,000,000.00 5.478000% 126671QN6 0.000000 4.565000 1,000.000000 AIO 368,989,246.95 3.748601% 126671QP4 0.000000 2.680607 818.478421 Residual AR 0.00 3.204000% 126671QY5 0.000000 0.000000 0.000000 - ------------------------------------------------------------------------------------------------------------------------ Subordinate M1 25,800,000.00 5.678000% 126671QQ2 0.000000 4.731667 1,000.000000 M2 3,225,000.00 6.068000% 126671QR0 0.000000 5.056667 1,000.000000 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 368,989,246.95 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2002-S2 ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- Prin balance 351,945,803.04 351,945,803.04 Loan count 10420 10420 Avg loan rate 8.984227% 8.98 Prepay amount 16,435,973.30 16,435,973.30 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Master serv fees 137,539.34 137,539.34 Sub servicer fees 304,293.88 304,293.88 Trustee fees 2,767.42 2,767.42 Agg advances N/A N/A Adv this period 28,348.97 28,348.97 - -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES - -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 Cumulative losses 0.00 0.00 Coverage Amounts Total - ---------------- ----- Bankruptcy 0.00 0.00 Fraud 8,600,002.00 8,600,002.00 Special Hazard 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 92.133917% 100.000000% 339,964,246.95 ----------------------------------------------------------------------------- Junior 7.866083% 0.000000% 29,025,000.00 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 73 2,570,704.28 60 to 89 days 7 215,360.33 90 or more 6 219,782.22 Foreclosure 0 0.00 Totals: 86 3,005,846.83 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- REO INFORMATION - -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 0.00 Current Total Outstanding Number of Loans: 0 - -------------------------------------------------------------------------------- OTHER INFORMATION - -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 19,345,206.76 19,345,206.76 Principal remittance amount 17,043,443.91 17,043,443.91 Interest remittance amount 2,301,762.85 2,301,762.85 -----END PRIVACY-ENHANCED MESSAGE-----