-----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, MWOiUBsJA8dzMDMM2iZsZhD8rRwEaoF1p1NUj8gwhpaAVwISIL56iFK0dRkzoBG9 sHUc4HyGQXzecTVSg9/rXw== 0001056404-03-001499.txt : 20030905 0001056404-03-001499.hdr.sgml : 20030905 20030905084819 ACCESSION NUMBER: 0001056404-03-001499 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: 20030905 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEAR STEARNS ARM TRUST MORTGAGE PASS THRU CERT SERS 2002-5 CENTRAL INDEX KEY: 0001176987 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-68542-06 FILM NUMBER: 03882590 MAIL ADDRESS: STREET 1: 9062 OLD ANNAPOLIS RD CITY: COLUMBIA STATE: MD ZIP: 21045-1951 8-K 1 bst02005.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 2002-5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-68542-06 90-0072867 Pooling and Servicing Agreement) (Commission 90-0072865 (State or other File Number) 90-0073141 jurisdiction 90-0073124 of Incorporation) IRS EIN 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 2002-5 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 2002-5 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 2002-5 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 2002-5 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: 2002-5 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 I-A 07384MKZ4 SEN 4.68119% 17,965,861.71 68,520.31 613,559.51 II-A 07384MLA8 SEN 5.46875% 10,966,112.83 48,860.22 3,082,158.11 R-1 07384MLB6 RES 5.65566% 0.00 0.00 0.00 R-2 07384MLC4 RES 5.65566% 0.00 0.00 0.00 R-3 07384MLD2 RES 5.65566% 0.00 0.00 0.00 R-4 07384MLE0 RES 5.65566% 0.00 0.00 0.00 III-A 07384MLF7 SEN 6.29219% 5,694,686.43 29,193.52 721,216.94 IV-A1 07384MLG5 SEN 5.51485% 58,688,515.62 263,694.69 7,663,009.64 IV-A2 07384MLH3 SEN 5.30985% 23,100,798.70 99,936.42 3,016,291.03 IV-A3 07384MMG4 SEN 5.20485% 12,486,918.22 52,951.47 1,630,427.58 IV-A4 07384MMH2 SEN 5.73485% 25,286,009.39 118,145.43 3,301,615.86 IV-A5 07384MMJ8 SEN 5.73485% 329,654.64 1,540.27 43,043.29 IV-X 07384MLJ9 SEN 0.51078% 0.00 49,893.08 0.00 V-A 07384MLK6 SEN 6.10841% 18,640,854.66 92,770.30 1,214,571.84 VI-A 07384MLL4 SEN 6.01205% 80,305,172.43 393,351.76 11,213,143.34 VII-A 07384MLM2 SEN 6.74276% 5,486,684.25 30,141.34 2,041,920.12 B-1 07384MLN0 SUB 5.92764% 11,592,857.44 55,986.95 765,875.69 B-2 07384MLP5 SUB 5.92764% 7,105,316.01 34,314.66 469,408.75 B-3 07384MLQ3 SUB 5.92764% 3,739,533.70 18,059.84 247,050.22 B-4 07384MLR1 SUB 5.92764% 1,869,851.01 9,030.32 123,530.67 B-5 07384MLS9 SUB 5.92764% 1,869,935.17 9,030.73 123,536.23 B-6 07384MLT7 SUB 5.92764% 1,870,037.97 9,031.23 123,543.02 Totals 286,998,800.18 1,384,452.54 36,393,901.84
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 17,352,302.20 682,079.82 0.00 II-A 0.00 7,883,954.72 3,131,018.33 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 R-4 0.00 0.00 0.00 0.00 III-A 0.00 4,973,469.48 750,410.46 0.00 IV-A1 0.00 51,025,505.98 7,926,704.33 0.00 IV-A2 0.00 20,084,507.67 3,116,227.45 0.00 IV-A3 0.00 10,856,490.63 1,683,379.05 0.00 IV-A4 0.00 21,984,393.53 3,419,761.29 0.00 IV-A5 0.00 286,611.35 44,583.56 0.00 IV-X 0.00 0.00 49,893.08 0.00 V-A 0.00 17,426,282.82 1,307,342.14 0.00 VI-A 0.00 69,092,029.09 11,606,495.10 0.00 VII-A 0.00 3,444,764.13 2,072,061.46 0.00 B-1 0.00 10,826,981.75 821,862.64 0.00 B-2 0.00 6,635,907.25 503,723.41 0.00 B-3 0.00 3,492,483.48 265,110.06 0.00 B-4 0.00 1,746,320.34 132,560.99 0.00 B-5 0.00 1,746,398.94 132,566.96 0.00 B-6 0.00 1,746,494.95 132,574.25 0.00 Totals 0.00 250,604,898.31 37,778,354.38 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 35,180,200.00 17,965,861.71 35,312.74 578,246.77 0.00 0.00 II-A 74,454,400.00 10,966,112.83 12,785.64 3,069,372.47 0.00 0.00 R-1 50.00 0.00 0.00 0.00 0.00 0.00 R-2 50.00 0.00 0.00 0.00 0.00 0.00 R-3 50.00 0.00 0.00 0.00 0.00 0.00 R-4 50.00 0.00 0.00 0.00 0.00 0.00 III-A 19,396,800.00 5,694,686.43 6,807.78 714,409.17 0.00 0.00 IV-A1 188,000,000.00 58,688,515.62 57,768.92 7,605,240.72 0.00 0.00 IV-A2 74,000,000.00 23,100,798.70 22,738.83 2,993,552.20 0.00 0.00 IV-A3 40,000,000.00 12,486,918.22 12,291.26 1,618,136.32 0.00 0.00 IV-A4 81,000,000.00 25,286,009.39 24,889.80 3,276,726.06 0.00 0.00 IV-A5 1,056,000.00 329,654.64 324.49 42,718.80 0.00 0.00 IV-X 0.00 0.00 0.00 0.00 0.00 0.00 V-A 80,038,800.00 18,640,854.66 20,496.96 1,194,074.88 0.00 0.00 VI-A 248,618,300.00 80,305,172.43 56,069.88 11,157,073.46 0.00 0.00 VII-A 13,632,100.00 5,486,684.25 3,141.68 2,038,778.44 0.00 0.00 B-1 13,774,900.00 11,592,857.44 11,239.21 754,636.48 0.00 0.00 B-2 8,442,700.00 7,105,316.01 6,888.56 462,520.19 0.00 0.00 B-3 4,443,400.00 3,739,533.70 3,625.46 243,424.76 0.00 0.00 B-4 2,221,800.00 1,869,851.01 1,812.81 121,717.86 0.00 0.00 B-5 2,221,900.00 1,869,935.17 1,812.89 121,723.34 0.00 0.00 B-6 2,222,022.00 1,870,037.97 1,812.99 121,730.03 0.00 0.00 Totals 888,703,522.00 286,998,800.18 279,819.90 36,114,081.95 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 613,559.51 17,352,302.20 0.49324058 613,559.51 II-A 3,082,158.11 7,883,954.72 0.10588971 3,082,158.11 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 R-3 0.00 0.00 0.00000000 0.00 R-4 0.00 0.00 0.00000000 0.00 III-A 721,216.94 4,973,469.48 0.25640670 721,216.94 IV-A1 7,663,009.64 51,025,505.98 0.27141227 7,663,009.64 IV-A2 3,016,291.03 20,084,507.67 0.27141227 3,016,291.03 IV-A3 1,630,427.58 10,856,490.63 0.27141227 1,630,427.58 IV-A4 3,301,615.86 21,984,393.53 0.27141227 3,301,615.86 IV-A5 43,043.29 286,611.35 0.27141226 43,043.29 IV-X 0.00 0.00 0.00000000 0.00 V-A 1,214,571.84 17,426,282.82 0.21772294 1,214,571.84 VI-A 11,213,143.34 69,092,029.09 0.27790404 11,213,143.34 VII-A 2,041,920.12 3,444,764.13 0.25269505 2,041,920.12 B-1 765,875.69 10,826,981.75 0.78599349 765,875.69 B-2 469,408.75 6,635,907.25 0.78599349 469,408.75 B-3 247,050.22 3,492,483.48 0.78599349 247,050.22 B-4 123,530.67 1,746,320.34 0.78599349 123,530.67 B-5 123,536.23 1,746,398.94 0.78599349 123,536.23 B-6 123,543.02 1,746,494.95 0.78599355 123,543.02 Totals 36,393,901.84 250,604,898.31 0.28198932 36,393,901.84
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 35,180,200.00 510.68105667 1.00376746 16.43671071 0.00000000 II-A 74,454,400.00 147.28629644 0.17172444 41.22486341 0.00000000 R-1 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-3 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-4 50.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A 19,396,800.00 293.58896467 0.35097439 36.83129021 0.00000000 IV-A1 188,000,000.00 312.17295543 0.30728149 40.45340809 0.00000000 IV-A2 74,000,000.00 312.17295541 0.30728149 40.45340811 0.00000000 IV-A3 40,000,000.00 312.17295550 0.30728150 40.45340800 0.00000000 IV-A4 81,000,000.00 312.17295543 0.30728148 40.45340815 0.00000000 IV-A5 1,056,000.00 312.17295455 0.30728220 40.45340909 0.00000000 IV-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 V-A 80,038,800.00 232.89772785 0.25608780 14.91870043 0.00000000 VI-A 248,618,300.00 323.00587861 0.22552596 44.87631626 0.00000000 VII-A 13,632,100.00 402.48268792 0.23046192 149.55718048 0.00000000 B-1 13,774,900.00 841.59285657 0.81591953 54.78344525 0.00000000 B-2 8,442,700.00 841.59285655 0.81591908 54.78344487 0.00000000 B-3 4,443,400.00 841.59285682 0.81592024 54.78344511 0.00000000 B-4 2,221,800.00 841.59285714 0.81591952 54.78344585 0.00000000 B-5 2,221,900.00 841.59285746 0.81591881 54.78344660 0.00000000 B-6 2,222,022.00 841.59291402 0.81591901 54.78344949 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 17.44047817 493.24057851 0.49324058 17.44047817 II-A 0.00000000 41.39658784 105.88970860 0.10588971 41.39658784 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A 0.00000000 37.18226408 256.40670007 0.25640670 37.18226408 IV-A1 0.00000000 40.76068957 271.41226585 0.27141227 40.76068957 IV-A2 0.00000000 40.76068959 271.41226581 0.27141227 40.76068959 IV-A3 0.00000000 40.76068950 271.41226575 0.27141227 40.76068950 IV-A4 0.00000000 40.76068963 271.41226580 0.27141227 40.76068963 IV-A5 0.00000000 40.76069129 271.41226326 0.27141226 40.76069129 IV-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 V-A 0.00000000 15.17478823 217.72293962 0.21772294 15.17478823 VI-A 0.00000000 45.10184222 277.90403639 0.27790404 45.10184222 VII-A 0.00000000 149.78764240 252.69504552 0.25269505 149.78764240 B-1 0.00000000 55.59936479 785.99349179 0.78599349 55.59936479 B-2 0.00000000 55.59936395 785.99349142 0.78599349 55.59936395 B-3 0.00000000 55.59936535 785.99349147 0.78599349 55.59936535 B-4 0.00000000 55.59936538 785.99349176 0.78599349 55.59936538 B-5 0.00000000 55.59936541 785.99349206 0.78599349 55.59936541 B-6 0.00000000 55.59936850 785.99354552 0.78599355 55.59936850 (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 35,180,200.00 4.68119% 17,965,861.71 70,084.70 0.00 0.00 II-A 74,454,400.00 5.46875% 10,966,112.83 49,975.74 0.00 0.00 R-1 50.00 5.65566% 0.00 0.00 0.00 0.00 R-2 50.00 5.65566% 0.00 0.00 0.00 0.00 R-3 50.00 5.65566% 0.00 0.00 0.00 0.00 R-4 50.00 5.65566% 0.00 0.00 0.00 0.00 III-A 19,396,800.00 6.29219% 5,694,686.43 29,860.04 0.00 0.00 IV-A1 188,000,000.00 5.51485% 58,688,515.62 269,715.10 0.00 0.00 IV-A2 74,000,000.00 5.30985% 23,100,798.70 102,218.07 0.00 0.00 IV-A3 40,000,000.00 5.20485% 12,486,918.22 54,160.40 0.00 0.00 IV-A4 81,000,000.00 5.73485% 25,286,009.39 120,842.81 0.00 0.00 IV-A5 1,056,000.00 5.73485% 329,654.64 1,575.43 0.00 0.00 IV-X 0.00 0.51078% 119,891,896.58 51,032.19 0.00 0.00 V-A 80,038,800.00 6.10841% 18,640,854.66 94,888.34 0.00 0.00 VI-A 248,618,300.00 6.01205% 80,305,172.43 402,332.38 0.00 0.00 VII-A 13,632,100.00 6.74276% 5,486,684.25 30,829.50 0.00 0.00 B-1 13,774,900.00 5.92764% 11,592,857.44 57,265.19 0.00 0.00 B-2 8,442,700.00 5.92764% 7,105,316.01 35,098.10 0.00 0.00 B-3 4,443,400.00 5.92764% 3,739,533.70 18,472.16 0.00 0.00 B-4 2,221,800.00 5.92764% 1,869,851.01 9,236.50 0.00 0.00 B-5 2,221,900.00 5.92764% 1,869,935.17 9,236.91 0.00 0.00 B-6 2,222,022.00 5.92764% 1,870,037.97 9,237.42 0.00 0.00 Totals 888,703,522.00 1,416,060.98 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 1,564.39 0.00 68,520.31 0.00 17,352,302.20 II-A 1,115.53 0.00 48,860.22 0.00 7,883,954.72 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 R-4 0.00 0.00 0.00 0.00 0.00 III-A 666.52 0.00 29,193.52 0.00 4,973,469.48 IV-A1 6,020.42 0.00 263,694.69 0.00 51,025,505.98 IV-A2 2,281.65 0.00 99,936.42 0.00 20,084,507.67 IV-A3 1,208.94 0.00 52,951.47 0.00 10,856,490.63 IV-A4 2,697.38 0.00 118,145.43 0.00 21,984,393.53 IV-A5 35.17 0.00 1,540.27 0.00 286,611.35 IV-X 1,139.11 0.00 49,893.08 0.00 104,237,509.18 V-A 2,118.04 0.00 92,770.30 0.00 17,426,282.82 VI-A 8,980.62 0.00 393,351.76 0.00 69,092,029.09 VII-A 688.16 0.00 30,141.34 0.00 3,444,764.13 B-1 1,278.24 0.00 55,986.95 0.00 10,826,981.75 B-2 783.44 0.00 34,314.66 0.00 6,635,907.25 B-3 412.32 0.00 18,059.84 0.00 3,492,483.48 B-4 206.17 0.00 9,030.32 0.00 1,746,320.34 B-5 206.18 0.00 9,030.73 0.00 1,746,398.94 B-6 206.19 0.00 9,031.23 0.00 1,746,494.95 Totals 31,608.47 0.00 1,384,452.54 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 35,180,200.00 4.68119% 510.68105667 1.99216321 0.00000000 0.00000000 II-A 74,454,400.00 5.46875% 147.28629644 0.67122615 0.00000000 0.00000000 R-1 50.00 5.65566% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 5.65566% 0.00000000 0.00000000 0.00000000 0.00000000 R-3 50.00 5.65566% 0.00000000 0.00000000 0.00000000 0.00000000 R-4 50.00 5.65566% 0.00000000 0.00000000 0.00000000 0.00000000 III-A 19,396,800.00 6.29219% 293.58896467 1.53943125 0.00000000 0.00000000 IV-A1 188,000,000.00 5.51485% 312.17295543 1.43465479 0.00000000 0.00000000 IV-A2 74,000,000.00 5.30985% 312.17295541 1.38132527 0.00000000 0.00000000 IV-A3 40,000,000.00 5.20485% 312.17295550 1.35401000 0.00000000 0.00000000 IV-A4 81,000,000.00 5.73485% 312.17295543 1.49188654 0.00000000 0.00000000 IV-A5 1,056,000.00 5.73485% 312.17295455 1.49188447 0.00000000 0.00000000 IV-X 0.00 0.51078% 312.17295545 0.13287695 0.00000000 0.00000000 V-A 80,038,800.00 6.10841% 232.89772785 1.18552927 0.00000000 0.00000000 VI-A 248,618,300.00 6.01205% 323.00587861 1.61827339 0.00000000 0.00000000 VII-A 13,632,100.00 6.74276% 402.48268792 2.26153711 0.00000000 0.00000000 B-1 13,774,900.00 5.92764% 841.59285657 4.15721276 0.00000000 0.00000000 B-2 8,442,700.00 5.92764% 841.59285655 4.15721274 0.00000000 0.00000000 B-3 4,443,400.00 5.92764% 841.59285682 4.15721295 0.00000000 0.00000000 B-4 2,221,800.00 5.92764% 841.59285714 4.15721487 0.00000000 0.00000000 B-5 2,221,900.00 5.92764% 841.59285746 4.15721230 0.00000000 0.00000000 B-6 2,222,022.00 5.92764% 841.59291402 4.15721356 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 0.04446791 0.00000000 1.94769529 0.00000000 493.24057851 II-A 0.01498273 0.00000000 0.65624355 0.00000000 105.88970860 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A 0.03436237 0.00000000 1.50506888 0.00000000 256.40670007 IV-A1 0.03202351 0.00000000 1.40263133 0.00000000 271.41226585 IV-A2 0.03083311 0.00000000 1.35049216 0.00000000 271.41226581 IV-A3 0.03022350 0.00000000 1.32378675 0.00000000 271.41226575 IV-A4 0.03330099 0.00000000 1.45858556 0.00000000 271.41226580 IV-A5 0.03330492 0.00000000 1.45858902 0.00000000 271.41226326 IV-X 0.00296600 0.00000000 0.12991095 0.00000000 271.41226587 V-A 0.02646267 0.00000000 1.15906660 0.00000000 217.72293962 VI-A 0.03612212 0.00000000 1.58215127 0.00000000 277.90403639 VII-A 0.05048085 0.00000000 2.21105626 0.00000000 252.69504552 B-1 0.09279487 0.00000000 4.06441789 0.00000000 785.99349179 B-2 0.09279496 0.00000000 4.06441778 0.00000000 785.99349142 B-3 0.09279381 0.00000000 4.06441914 0.00000000 785.99349147 B-4 0.09279413 0.00000000 4.06441624 0.00000000 785.99349176 B-5 0.09279446 0.00000000 4.06441784 0.00000000 785.99349206 B-6 0.09279386 0.00000000 4.06441970 0.00000000 785.99354552 (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 37,773,962.33 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 31,510.22 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 37,805,472.55 Withdrawals Reimbursement for Servicer Advances 12,678.66 Payment of Service Fee 14,439.51 Payment of Interest and Principal 37,778,354.38 Total Withdrawals (Pool Distribution Amount) 37,805,472.55 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 97,497.13 Servicing Fee Support 65,888.70 Non-Supported Prepayment/Curtailment Interest Shortfall 31,608.43
SERVICING FEES Gross Servicing Fee 80,328.21 Supported Prepayment/Curtailment Interest Shortfall 65,888.70 Net Servicing Fee 14,439.51
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 10 0 0 0 10 4,192,268.05 0.00 0.00 0.00 4,192,268.05 60 Days 2 0 0 0 2 743,693.93 0.00 0.00 0.00 743,693.93 90 Days 0 0 1 0 1 0.00 0.00 293,357.67 0.00 293,357.67 120 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 12 0 1 0 13 4,935,961.98 0.00 293,357.67 0.00 5,229,319.65 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 1.661130% 0.000000% 0.000000% 0.000000% 1.661130% 1.671442% 0.000000% 0.000000% 0.000000% 1.671442% 60 Days 0.332226% 0.000000% 0.000000% 0.000000% 0.332226% 0.296508% 0.000000% 0.000000% 0.000000% 0.296508% 90 Days 0.000000% 0.000000% 0.166113% 0.000000% 0.166113% 0.000000% 0.000000% 0.116961% 0.000000% 0.116961% 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 1.993355% 0.000000% 0.166113% 0.000000% 2.159468% 1.967950% 0.000000% 0.116961% 0.000000% 2.084911%
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 1 0 1 0.00 0.00 293,357.67 0.00 293,357.67 120 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 1 0 1 0.00 0.00 293,357.67 0.00 293,357.67 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% 2.222222% 0.000000% 2.222222% 0.000000% 0.000000% 1.573070% 0.000000% 1.573070% 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% 2.222222% 0.000000% 2.222222% 0.000000% 0.000000% 1.573070% 0.000000% 1.573070% 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 1 0 0 0 1 396,880.30 0.00 0.00 0.00 396,880.30 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 1 396,880.30 0.00 0.00 0.00 396,880.30 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 7.142857% 0.000000% 0.000000% 0.000000% 7.142857% 7.184526% 0.000000% 0.000000% 0.000000% 7.184526% 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 7.142857% 0.000000% 0.000000% 0.000000% 7.142857% 7.184526% 0.000000% 0.000000% 0.000000% 7.184526% 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 7 0 0 0 7 3,213,351.68 0.00 0.00 0.00 3,213,351.68 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 3,213,351.68 0.00 0.00 0.00 3,213,351.68 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.439024% 0.000000% 0.000000% 0.000000% 2.439024% 2.767173% 0.000000% 0.000000% 0.000000% 2.767173% 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 2.439024% 0.000000% 0.000000% 0.000000% 2.439024% 2.767173% 0.000000% 0.000000% 0.000000% 2.767173% 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 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 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 3 0 0 0 3 978,916.37 0.00 0.00 0.00 978,916.37 60 Days 1 0 0 0 1 346,813.63 0.00 0.00 0.00 346,813.63 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 4 0 0 0 4 1,325,730.00 0.00 0.00 0.00 1,325,730.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.570681% 0.000000% 0.000000% 0.000000% 1.570681% 1.275193% 0.000000% 0.000000% 0.000000% 1.275193% 60 Days 0.523560% 0.000000% 0.000000% 0.000000% 0.523560% 0.451779% 0.000000% 0.000000% 0.000000% 0.451779% 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 2.094241% 0.000000% 0.000000% 0.000000% 2.094241% 1.726972% 0.000000% 0.000000% 0.000000% 1.726972% 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 31,510.22
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 853,523,322.00 96.04140194% 233,252,596.11 93.07583278% 6.924167% 0.000000% Class 2A 779,068,922.00 87.66353484% 225,368,641.39 89.92986286% 3.145970% 30.097649% Class R-I 779,068,872.00 87.66352922% 225,368,641.39 89.92986286% 0.000000% 0.000000% Class R-II 779,068,822.00 87.66352359% 225,368,641.39 89.92986286% 0.000000% 0.000000% Class R-III 779,068,772.00 87.66351796% 225,368,641.39 89.92986286% 0.000000% 0.000000% Class R-IV 779,068,722.00 87.66351234% 225,368,641.39 89.92986286% 0.000000% 0.000000% Class 3A 759,671,922.00 85.48091718% 220,395,171.91 87.94527696% 1.984586% 18.986631% Class V-A 295,577,122.00 33.25936204% 98,731,379.93 39.39722671% 6.953688% 66.526275% Class B-1 19,551,822.00 2.20003877% 15,367,604.96 6.13220454% 4.320339% 41.332898% Class B-2 11,109,122.00 1.25003690% 8,731,697.71 3.48424862% 2.647956% 25.333124% Class B-3 6,665,722.00 0.75005014% 5,239,214.23 2.09062722% 1.393621% 13.332844% Class B-4 4,443,922.00 0.50004550% 3,492,893.89 1.39378516% 0.696842% 6.666722% Class B-5 2,222,022.00 0.25002962% 1,746,494.95 0.69691174% 0.696873% 6.667022% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.696912% 6.667389% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.254524% Weighted Average Net Coupon 5.918655% Weighted Average Pass-Through Rate 5.918655% Weighted Average Maturity(Stepdown Calculation ) 338 Beginning Scheduled Collateral Loan Count 687 Number Of Loans Paid In Full 85 Ending Scheduled Collateral Loan Count 602 Beginning Scheduled Collateral Balance 286,998,800.17 Ending Scheduled Collateral Balance 250,604,898.33 Ending Actual Collateral Balance at 31-Jul-2003 250,817,391.98 Monthly P &I Constant 1,775,687.22 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 35,818,471.98 Ending Scheduled Balance for Premium Loans 250,604,898.33 Scheduled Principal 279,819.89 Unscheduled Principal 36,114,081.95
Miscellaneous Reporting Average Loss Severity 0.00 Senior Percentage 1 93.304580% Senior Percentage 2 82.468027% Senior Percentage 3 90.773748% Senior Percentage 4 90.504936% Senior Percentage 5 87.627613% Senior Percentage 6 90.762677% Senior Percentage 7 92.185000% Senior Prep Percentage 1 96.652290% Senior Prep Percentage 2 91.234014% Senior Prep Percentage 3 95.386874% Senior Prep Percentage 4 95.252468% Senior Prep Percentage 5 93.813807% Senior Prep Percentage 6 95.381338% Senior Prep Percentage 7 96.092500% Subordinate Percentage 1 6.695420% Subordinate Percentage 2 17.531973% Subordinate Percentage 3 9.226252% Subordinate Percentage 4 9.495064% Subordinate Percentage 5 12.372387% Subordinate Percentage 6 9.237323% Subordinate Percentage 7 7.815000% Subordinate Prep Percentage 1 3.347710% Subordinate Prep Percentage 2 8.765986% Subordinate Prep Percentage 3 4.613126% Subordinate Prep Percentage 4 4.747532% Subordinate Prep Percentage 5 6.186193% Subordinate Prep Percentage 6 4.618662% Subordinate Prep Percentage 7 3.907500%
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.023669 5.718747 6.667189 Weighted Average Net Rate 4.648669 5.468747 6.292188 Weighted Average Maturity 300 342 326 Beginning Loan Count 47 33 16 Loans Paid In Full 2 8 2 Ending Loan Count 45 25 14 Beginning Scheduled Balance 19,255,069.38 13,297,411.35 6,273,494.90 Ending scheduled Balance 18,618,947.35 9,917,622.34 5,517,035.56 Record Date 07/31/2003 07/31/2003 07/31/2003 Principal And Interest Constant 118,455.98 78,874.19 42,355.20 Scheduled Principal 37,846.74 15,503.75 7,499.72 Unscheduled Principal 598,275.29 3,364,285.26 748,959.62 Scheduled Interest 80,609.24 63,370.44 34,855.48 Servicing Fees 6,017.21 2,770.29 1,960.47 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 74,592.03 60,600.15 32,895.01 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 4.648669 5.468747 6.292189
Group Level Collateral Statement Group Group 4 Group 5 Group 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.303614 6.483411 6.387052 Weighted Average Net Rate 6.000846 6.108411 6.012052 Weighted Average Maturity 340 334 343 Beginning Loan Count 328 34 216 Loans Paid In Full 41 2 25 Ending Loan Count 287 32 191 Beginning Scheduled Balance 132,470,008.13 21,272,808.87 88,478,188.64 Ending scheduled Balance 116,028,882.55 19,976,604.30 76,719,078.56 Record Date 07/31/2003 07/31/2003 07/31/2003 Principal And Interest Constant 826,260.85 138,324.62 532,705.34 Scheduled Principal 130,394.32 23,390.98 61,776.36 Unscheduled Principal 16,310,731.26 1,272,813.59 11,697,333.72 Scheduled Interest 695,866.53 114,933.64 470,928.98 Servicing Fees 33,423.10 6,647.75 27,649.44 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 662,443.43 108,285.89 443,279.54 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 6.000846 6.108411 6.012052
Group Level Collateral Statement Group Group 7 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.117761 6.254524 Weighted Average Net Rate 6.742760 5.918655 Weighted Average Maturity 338.00 338.00 Record Date 07/31/2003 07/31/2003 Principal And Interest Constant 38,711.04 1,775,687.22 Beginning Loan Count 13 687 Loans Paid In Full 5 85 Ending Loan Count 8 602 Beginning Scheduled Balance 5,951,818.90 286,998,800.17 Ending Scheduled Balance 3,826,727.67 250,604,898.33 Scheduled Principal 3,408.02 279,819.89 Unscheduled Principal 2,121,683.21 36,114,081.95 Scheduled Interest 35,303.02 1,495,867.33 Servicing Fee 1,859.95 80,328.21 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 33,443.07 1,415,539.12 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 6.742761 5.918655
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