-----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, Pr2zvrYa5pKedhL5L02u7gsFTd5k+r0Se+/lOBXaRelVUwn+6i0rnOFWSFtGFwAW /IfZouILjoKQ8YVKNh/0Og== 0001056404-02-001084.txt : 20020905 0001056404-02-001084.hdr.sgml : 20020905 20020905092622 ACCESSION NUMBER: 0001056404-02-001084 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020825 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020905 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPTION ONE MORTGAGE LOAN TR ASSET BACKED CERT SER 2002-5 CENTRAL INDEX KEY: 0001178995 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: 333-82832-04 FILM NUMBER: 02757025 BUSINESS ADDRESS: STREET 1: 3 ADA ROAD CITY: IRVINE STATE: CA ZIP: 92618 MAIL ADDRESS: STREET 1: 3 ADA ROAD CITY: IRVINE STATE: CA ZIP: 92618 8-K 1 opt02005.txt AUGUST 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): August 26, 2002 OPTION ONE MORTGAGE ACCEPTANCE CORPORATION Asset-Backed Certificates, Series 2002-5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-82832-04 52-2365717 Pooling and Servicing Agreement) (Commission 52-2365718 (State or other File Number) 52-2365719 jurisdiction 52-2365720 of Incorporation) 52-2365721 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 26, 2002 a distribution was made to holders of OPTION ONE MORTGAGE ACCEPTANCE CORPORATION, Asset-Backed 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 Asset-Backed Certificates, Series 2002-5 Trust, relating to the August 26 , 2002 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. OPTION ONE MORTGAGE ACCEPTANCE CORPORATION Asset-Backed Certificates, Series 2002-5 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 8/30/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset- Backed Certificates, Series 2002-5 Trust, relating to the August 26, 2002 distribution. EX-99.1
Option One Mortgage Loan Trust Mortgage Pass-Through Certificates Record Date: 7/31/02 Distribution Date: 8/26/02 OOMC 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 A1 OPT0205A1 SEN 1.91000% 303,750,000.00 435,121.88 524,494.20 S1 OPT0205S1 SEN 6.00000% 0.00 187,500.00 0.00 A2 68389FCR3 SEN 2.06000% 202,500,000.00 312,862.50 497,530.53 S2 68389FCS1 SEN 6.00000% 0.00 125,000.00 0.00 M1 68389FCT9 MEZ 2.38000% 40,625,000.00 72,515.63 0.00 M2 68389FCU6 MEZ 2.96000% 34,375,000.00 76,312.50 0.00 M3 68389FCV4 MEZ 3.51000% 20,312,000.00 53,471.34 0.00 M4 68389FCW2 MEZ 3.86000% 9,375,000.00 27,140.63 0.00 B 68389FCX0 MEZ 6.80000% 10,938,000.00 61,982.00 0.00 C OPT02005C JUN 0.00000% 3,124,900.00 1,736,726.21 0.00 R1 OPT0205R1 JUN 0.00000% 0.00 0.00 0.00 R2 OPT0205R2 JUN 0.00000% 0.00 0.00 0.00 R3 OPT0205R3 JUN 0.00000% 0.00 0.00 0.00 R4 OPT0205R4 JUN 0.00000% 0.00 0.00 0.00 R5 OPT0205R5 JUN 0.00000% 0.00 0.00 0.00 P OPT02005P JUN 0.00000% 100.00 11,444.35 0.00 Totals 625,000,000.00 3,100,077.04 1,022,024.73
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 303,225,505.80 959,616.08 0.00 S1 0.00 0.00 187,500.00 0.00 A2 0.00 202,002,469.47 810,393.03 0.00 S2 0.00 0.00 125,000.00 0.00 M1 0.00 40,625,000.00 72,515.63 0.00 M2 0.00 34,375,000.00 76,312.50 0.00 M3 0.00 20,312,000.00 53,471.34 0.00 M4 0.00 9,375,000.00 27,140.63 0.00 B 0.00 10,938,000.00 61,982.00 0.00 C 0.00 3,125,000.00 1,736,726.21 0.00 R1 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 R4 0.00 0.00 0.00 0.00 R5 0.00 0.00 0.00 0.00 P 0.00 100.00 11,444.35 0.00 Totals 0.00 623,978,075.27 4,122,101.77 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) A1 303,750,000.00 303,750,000.00 0.00 524,494.20 0.00 0.00 S1 0.00 0.00 0.00 0.00 0.00 0.00 A2 202,500,000.00 202,500,000.00 0.00 497,530.53 0.00 0.00 S2 0.00 0.00 0.00 0.00 0.00 0.00 M1 40,625,000.00 40,625,000.00 0.00 0.00 0.00 0.00 M2 34,375,000.00 34,375,000.00 0.00 0.00 0.00 0.00 M3 20,312,000.00 20,312,000.00 0.00 0.00 0.00 0.00 M4 9,375,000.00 9,375,000.00 0.00 0.00 0.00 0.00 B 10,938,000.00 10,938,000.00 0.00 0.00 0.00 0.00 C 3,124,900.00 3,124,900.00 0.00 0.00 0.00 0.00 R1 0.00 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 0.00 0.00 R4 0.00 0.00 0.00 0.00 0.00 0.00 R5 0.00 0.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 625,000,000.00 625,000,000.00 0.00 1,022,024.73 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 A1 524,494.20 303,225,505.80 0.99827327 524,494.20 S1 0.00 0.00 0.00000000 0.00 A2 497,530.53 202,002,469.47 0.99754306 497,530.53 S2 0.00 0.00 0.00000000 0.00 M1 0.00 40,625,000.00 1.00000000 0.00 M2 0.00 34,375,000.00 1.00000000 0.00 M3 0.00 20,312,000.00 1.00000000 0.00 M4 0.00 9,375,000.00 1.00000000 0.00 B 0.00 10,938,000.00 1.00000000 0.00 C 0.00 3,125,000.00 1.00003200 0.00 R1 0.00 0.00 0.00000000 0.00 R2 0.00 0.00 0.00000000 0.00 R3 0.00 0.00 0.00000000 0.00 R4 0.00 0.00 0.00000000 0.00 R5 0.00 0.00 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 Totals 1,022,024.73 623,978,075.27 0.99836492 1,022,024.73
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 303,750,000.00 1000.00000000 0.00000000 1.72672988 0.00000000 S1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A2 202,500,000.00 1000.00000000 0.00000000 2.45694089 0.00000000 S2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 40,625,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 34,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 20,312,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 9,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 10,938,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 3,124,900.00 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R4 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R5 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 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 A1 0.00000000 1.72672988 998.27327012 0.99827327 1.72672988 S1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 0.00000000 2.45694089 997.54305911 0.99754306 2.45694089 S2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.03200102 1.00003200 0.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 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 A1 303,750,000.00 1.91000% 303,750,000.00 435,121.88 0.00 0.00 S1 0.00 6.00000% 37,500,000.00 187,500.00 0.00 0.00 A2 202,500,000.00 2.06000% 202,500,000.00 312,862.50 0.00 0.00 S2 0.00 6.00000% 25,000,000.00 125,000.00 0.00 0.00 M1 40,625,000.00 2.38000% 40,625,000.00 72,515.63 0.00 0.00 M2 34,375,000.00 2.96000% 34,375,000.00 76,312.50 0.00 0.00 M3 20,312,000.00 3.51000% 20,312,000.00 53,471.34 0.00 0.00 M4 9,375,000.00 3.86000% 9,375,000.00 27,140.63 0.00 0.00 B 10,938,000.00 6.80000% 10,938,000.00 61,982.00 0.00 0.00 C 3,124,900.00 0.00000% 3,124,900.00 0.00 0.00 0.00 R1 0.00 0.00000% 0.00 0.00 0.00 0.00 R2 0.00 0.00000% 0.00 0.00 0.00 0.00 R3 0.00 0.00000% 0.00 0.00 0.00 0.00 R4 0.00 0.00000% 0.00 0.00 0.00 0.00 R5 0.00 0.00000% 0.00 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 Totals 625,000,000.00 1,351,906.48 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 A1 0.00 0.00 435,121.88 0.00 303,225,505.80 S1 0.00 0.00 187,500.00 0.00 37,500,000.00 A2 0.00 0.00 312,862.50 0.00 202,002,469.47 S2 0.00 0.00 125,000.00 0.00 25,000,000.00 M1 0.00 0.00 72,515.63 0.00 40,625,000.00 M2 0.00 0.00 76,312.50 0.00 34,375,000.00 M3 0.00 0.00 53,471.34 0.00 20,312,000.00 M4 0.00 0.00 27,140.63 0.00 9,375,000.00 B 0.00 0.00 61,982.00 0.00 10,938,000.00 C 0.00 0.00 1,736,726.21 0.00 3,125,000.00 R1 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 0.00 R4 0.00 0.00 0.00 0.00 0.00 R5 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 11,444.35 0.00 100.00 Totals 0.00 0.00 3,100,077.04 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A1 303,750,000.00 1.91000% 1000.00000000 1.43250002 0.00000000 0.00000000 S1 0.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 A2 202,500,000.00 2.06000% 1000.00000000 1.54500000 0.00000000 0.00000000 S2 0.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 M1 40,625,000.00 2.38000% 1000.00000000 1.78500012 0.00000000 0.00000000 M2 34,375,000.00 2.96000% 1000.00000000 2.22000000 0.00000000 0.00000000 M3 20,312,000.00 3.51000% 1000.00000000 2.63250000 0.00000000 0.00000000 M4 9,375,000.00 3.86000% 1000.00000000 2.89500053 0.00000000 0.00000000 B 10,938,000.00 6.80000% 1000.00000000 5.66666667 0.00000000 0.00000000 C 3,124,900.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R4 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R5 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 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 A1 0.00000000 0.00000000 1.43250002 0.00000000 998.27327012 S1 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 A2 0.00000000 0.00000000 1.54500000 0.00000000 997.54305911 S2 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 M1 0.00000000 0.00000000 1.78500012 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.22000000 0.00000000 1000.00000000 M3 0.00000000 0.00000000 2.63250000 0.00000000 1000.00000000 M4 0.00000000 0.00000000 2.89500053 0.00000000 1000.00000000 B 0.00000000 0.00000000 5.66666667 0.00000000 1000.00000000 C 0.00000000 0.00000000 555.77017185 0.00000000 1000.03200102 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 114443.50000000 0.00000000 1000.00000000 (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 4,296,984.35 Liquidations, Insurance Proceeds, Reserve Funds 0.04 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 11,444.35 Total Deposits 4,308,428.74 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 186,326.97 Payment of Interest and Principal 4,122,101.77 Total Withdrawals (Pool Distribution Amount) 4,308,428.74 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES Gross Servicing Fee 155,604.04 FHLMC Guarantee Fee 27,337.50 Wells Fargo 3,385.43 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 186,326.97
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 0.00 0.00 0.00 Financial Guaranty 0.00 0.00 0.00 0.00 Reserve Fund 1,000.00 0.04 0.04 1,000.00
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 1 0 0 1 199,731.77 0.00 0.00 199,731.77 30 Days 3 0 0 0 3 392,288.02 0.00 0.00 0.00 392,288.02 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 3 1 0 0 4 392,288.02 199,731.77 0.00 0.00 592,019.79 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 0.030647% 0.000000% 0.000000% 0.030647% 0.042320% 0.000000% 0.000000% 0.042320% 30 Days 0.091940% 0.000000% 0.000000% 0.000000% 0.091940% 0.083119% 0.000000% 0.000000% 0.000000% 0.083119% 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 0.091940% 0.030647% 0.000000% 0.000000% 0.122587% 0.083119% 0.042320% 0.000000% 0.000000% 0.125439%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 6.911719% Weighted Average Net Coupon 6.516921% Weighted Average Pass-Through Rate 6.508331% Weighted Average Maturity(Stepdown Calculation ) 354 Beginning Scheduled Collateral Loan Count 3,268 Number Of Loans Paid In Full 5 Ending Scheduled Collateral Loan Count 3,263 Beginning Scheduled Collateral Balance 625,000,000.00 Ending Scheduled Collateral Balance 471,940,534.78 Ending Actual Collateral Balance at 31-Jul-2002 471,957,865.01 Monthly P &I Constant 2,956,696.84 Special Servicing Fee 0.00 Prepayment Penalties 11,444.35 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 471,940,534.78 Scheduled Principal 232,543.75 Unscheduled Principal 789,380.98
Credit Enhancement Percentage 19.0311013650% Net WAC Carryover Amount 0.00 Max Cap Rate 14.7270142630% Trigger Event Not Triggered In Effect Since N/A Comments N/A Stepdown Date Do Not Step Down In Effect Since N/A Comments N/A Unscheduled Principal - Voluntary 789,380.98 Unscheduled Principal - Involuntary 0.00 # of Subsequent Mortgage Loans Purchased 0 Amount of Subsequent Mortgage Loans Purchased 0.00 Group 1 Pre-Funding Acct Begin Bal 93,720,801.58 Group 1 Pre-Funding Acct Dist Amount 0.00 Group 1 Pre-Funding Acct RI to Int Cov Acct 3,830.37 Group 1 Pre-Funding Acct End Bal 93,720,801.58 Group 1 Int Cov Acct Begin Bal 656,544.68 Group 1 Int Cov Acct Deposits 3,857.20 Group 1 Int Cov Acct Release to Servicer 26.83 Group 1 Int Cov Acct Dist Amount to Bond 206,777.65 Group 1 Int Cov Acct End Bal 453,597.40 Group 2 Pre-Funding Acct Begin Bal 58,316,738.91 Group 2 Pre-Funding Acct Dist Amount 0 Group 2 Pre-Funding Acct RI to Int Cov Acct 2,383.41 Group 2 Pre-Funding Acct End Bal 58,316,738.91 Group 2 Int Cov Acct Begin Bal 409,078.00 Group 2 Int Cov Acct Deposits 2,400.13 Group 2 Int Cov Acct Release to Servicer 16.72 Group 2 Int Cov Acct Dist Amount to Bond 128,665.12 Group 2 Int Cov Acct End Bal 282,796.29 Group 1 Initial Deposit Release to Bond 132,838.70 Group 2 Initial Deposit Release to Bond 82,625.30
Miscellaneous Reporting General Excess Available Amt 1,736,826.21 Extra Principal Distribution Amt 100.00 Overcollateralization Amt 3,125,000.00 Excess Overcollateralized Amt 0.00 Overcollateralization Deficit Amt 0.00 Overcollateralization Increase Amt 100.00 Overcollateralization Release Amt 0.00 Target Overcollateralization Amt 3,125,000.00
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 6.659180 6.963382 6.807614 Weighted Average Net Rate 6.293412 6.565937 6.436918 Pass-Through Rate 6.286912 6.556955 6.430418 Weighted Average Maturity 354 354 354 Beginning Loan Count 336 1,837 171 Loans Paid In Full 0 3 0 Ending Loan Count 336 1,834 171 Beginning Scheduled Balance 35,820,939.68 245,458,258.74 22,087,283.73 Ending scheduled Balance 35,794,776.64 244,959,978.90 22,072,759.03 Record Date 07/31/2002 07/31/2002 07/31/2002 Principal And Interest Constant 219,696.89 1,540,766.25 137,966.31 Scheduled Principal 20,915.16 116,416.66 12,664.90 Unscheduled Principal 5,247.88 381,863.18 1,859.80 Scheduled Interest 198,781.73 1,424,349.59 125,301.41 Servicing Fees 10,918.44 81,296.70 6,823.05 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 194.04 1,837.22 119.63 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 187,863.29 1,343,052.89 118,478.36 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
Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.903846 6.911719 Weighted Average Net Rate 6.503606 6.516921 Pass-Through Rate 6.494871 6.508331 Weighted Average Maturity 354 354 Beginning Loan Count 924 3,268 Loans Paid In Full 2 5 Ending Loan Count 922 3,263 Beginning Scheduled Balance 169,595,977.36 472,962,459.51 Ending scheduled Balance 169,113,020.21 471,940,534.78 Record Date 07/31/2002 07/31/2002 Principal And Interest Constant 1,058,267.39 2,956,696.84 Scheduled Principal 82,547.03 232,543.75 Unscheduled Principal 400,410.12 789,380.98 Scheduled Interest 975,720.36 2,724,153.09 Servicing Fees 56,565.85 155,604.04 Master Servicing Fees 0.00 0.00 Trustee Fee 1,234.54 3,385.43 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 Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 919,154.51 2,568,549.05 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
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