-----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, T/wyYEh0wi6feofrFkSRBE5TunTg9PqnrUAqCWTkg57lU22uiwJE5oYR85Dl0Tfv 3Glf/vmx6vtrd5ETwHIkJA== 0001056404-02-001544.txt : 20021209 0001056404-02-001544.hdr.sgml : 20021209 20021209160255 ACCESSION NUMBER: 0001056404-02-001544 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021125 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MORTGAGE ASSET SEC TRANS INC MASTR ADJ RATE MORT TR 2002 3 CENTRAL INDEX KEY: 0001185314 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: 333-75724-10 FILM NUMBER: 02852402 BUSINESS ADDRESS: STREET 1: 1285 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 8-K 1 mam02003.txt NOVEMBER 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): November 25, 2002 MASTR ADJUSTABLE RATE MORTGAGES TRUST Mortgage Pass-Through Certificates, Series 2002-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-75724-10 Pooling and Servicing Agreement) (Commission 06-1649235 (State or other File Number) 52-2379800 jurisdiction IRS EIN 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 November 25, 2002 a distribution was made to holders of MASTR ADJUSTABLE RATE MORTGAGES TRUST, Mortgage Pass-Through Certificates, Series 2002-3 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 2002-3 Trust, relating to the November 25, 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. MASTR ADJUSTABLE RATE MORTGAGES TRUST Mortgage Pass-Through Certificates, Series 2002-3 Trust By: Wells Fargo Bank Minnesota, N.A., as Master Servicer By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 12/4/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-3 Trust, relating to the November 25, 2002 distribution. EX-99.1
Mortgage Asset Securitization Transactions, Inc Mortgage Pass-Through Certificates Record Date: 10/31/02 11/25/02 Distribution Date: MARM Series: 2002-3 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 1-A-1 576433BH8 SEQ 5.57514% 125,289,479.06 582,088.17 9,607,994.09 2-A-1 576433BJ4 SEQ 5.75000% 94,739,064.10 453,958.02 3,858,823.37 2-A-2 576433BK1 IO 0.27247% 0.00 21,511.49 0.00 3-A-1 576433BL9 SEQ 5.82297% 48,140,447.89 233,600.18 3,493,995.73 4-A-1 576433BM7 SEQ 6.19903% 147,790,724.20 763,466.45 12,338,432.83 B-1 576433BQ8 SUB 5.93540% 8,791,761.42 43,485.50 8,222.86 B-2 576433BR6 SUB 5.93540% 3,418,685.61 16,909.38 3,197.47 B-3 576433BS4 SUB 5.93540% 2,930,587.14 14,495.17 2,740.95 B-4 576433BT2 SUB 5.93540% 977,195.10 4,833.37 913.96 B-5 576433BU9 SUB 5.93540% 977,195.10 4,833.37 913.96 B-6 576433BV7 SUB 5.93540% 1,221,597.90 6,042.22 1,142.55 A-R 576433BN5 SEQ 6.21880% 0.00 0.00 0.00 A-LR 576433BP0 SEQ 6.21880% 0.00 0.00 0.00 Totals 434,276,737.52 2,145,223.32 29,316,377.77
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 115,681,484.98 10,190,082.26 0.00 2-A-1 0.00 90,880,240.72 4,312,781.39 0.00 2-A-2 0.00 0.00 21,511.49 0.00 3-A-1 0.00 44,646,452.16 3,727,595.91 0.00 4-A-1 0.00 135,452,291.37 13,101,899.28 0.00 B-1 0.00 8,783,538.56 51,708.36 0.00 B-2 0.00 3,415,488.14 20,106.85 0.00 B-3 0.00 2,927,846.19 17,236.12 0.00 B-4 0.00 976,281.14 5,747.33 0.00 B-5 0.00 976,281.14 5,747.33 0.00 B-6 0.00 1,220,455.35 7,184.77 0.00 A-R 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 Totals 0.00 404,960,359.75 31,461,601.09 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) 1-A-1 138,112,000.00 125,289,479.06 136,058.80 9,471,935.29 0.00 0.00 2-A-1 103,409,000.00 94,739,064.10 91,353.89 3,767,469.48 0.00 0.00 2-A-2 0.00 0.00 0.00 0.00 0.00 0.00 3-A-1 52,582,000.00 48,140,447.89 49,064.82 3,444,930.91 0.00 0.00 4-A-1 176,882,000.00 147,790,724.20 114,665.31 12,223,767.52 0.00 0.00 B-1 8,808,000.00 8,791,761.42 8,222.86 0.00 0.00 0.00 B-2 3,425,000.00 3,418,685.61 3,197.47 0.00 0.00 0.00 B-3 2,936,000.00 2,930,587.14 2,740.95 0.00 0.00 0.00 B-4 979,000.00 977,195.10 913.96 0.00 0.00 0.00 B-5 979,000.00 977,195.10 913.96 0.00 0.00 0.00 B-6 1,223,856.63 1,221,597.90 1,142.55 0.00 0.00 0.00 A-R 50.00 0.00 0.00 0.00 0.00 0.00 A-LR 50.00 0.00 0.00 0.00 0.00 0.00 Totals 489,335,956.63 434,276,737.52 408,274.57 28,908,103.20 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 1-A-1 9,607,994.09 115,681,484.98 0.83759185 9,607,994.09 2-A-1 3,858,823.37 90,880,240.72 0.87884266 3,858,823.37 2-A-2 0.00 0.00 0.00000000 0.00 3-A-1 3,493,995.73 44,646,452.16 0.84908243 3,493,995.73 4-A-1 12,338,432.83 135,452,291.37 0.76577770 12,338,432.83 B-1 8,222.86 8,783,538.56 0.99722282 8,222.86 B-2 3,197.47 3,415,488.14 0.99722281 3,197.47 B-3 2,740.95 2,927,846.19 0.99722282 2,740.95 B-4 913.96 976,281.14 0.99722282 913.96 B-5 913.96 976,281.14 0.99722282 913.96 B-6 1,142.55 1,220,455.35 0.99722085 1,142.55 A-R 0.00 0.00 0.00000000 0.00 A-LR 0.00 0.00 0.00000000 0.00 Totals 29,316,377.77 404,960,359.75 0.82757123 29,316,377.77
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 138,112,000.00 907.15853119 0.98513380 68.58155186 0.00000000 2-A-1 103,409,000.00 916.15878792 0.88342301 36.43270392 0.00000000 2-A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 52,582,000.00 915.53094006 0.93311057 65.51540280 0.00000000 4-A-1 176,882,000.00 835.53286485 0.64825878 69.10690472 0.00000000 B-1 8,808,000.00 998.15638283 0.93356721 0.00000000 0.00000000 B-2 3,425,000.00 998.15638248 0.93356788 0.00000000 0.00000000 B-3 2,936,000.00 998.15638283 0.93356608 0.00000000 0.00000000 B-4 979,000.00 998.15638407 0.93356486 0.00000000 0.00000000 B-5 979,000.00 998.15638407 0.93356486 0.00000000 0.00000000 B-6 1,223,856.63 998.15441618 0.93356523 0.00000000 0.00000000 A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per $1,000 denomination
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A-1 0.00000000 69.56668566 837.59184560 0.83759185 69.56668566 2-A-1 0.00000000 37.31612693 878.84266089 0.87884266 37.31612693 2-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 0.00000000 66.44851337 849.08242669 0.84908243 66.44851337 4-A-1 0.00000000 69.75516350 765.77770135 0.76577770 69.75516350 B-1 0.00000000 0.93356721 997.22281562 0.99722282 0.93356721 B-2 0.00000000 0.93356788 997.22281460 0.99722281 0.93356788 B-3 0.00000000 0.93356608 997.22281676 0.99722282 0.93356608 B-4 0.00000000 0.93356486 997.22281920 0.99722282 0.93356486 B-5 0.00000000 0.93356486 997.22281920 0.99722282 0.93356486 B-6 0.00000000 0.93356523 997.22085094 0.99722085 0.93356523 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 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 1-A-1 138,112,000.00 5.57514% 125,289,479.06 582,088.17 0.00 0.00 2-A-1 103,409,000.00 5.75000% 94,739,064.10 453,958.02 0.00 0.00 2-A-2 0.00 0.27247% 94,739,064.10 21,511.49 0.00 0.00 3-A-1 52,582,000.00 5.82297% 48,140,447.89 233,600.18 0.00 0.00 4-A-1 176,882,000.00 6.19903% 147,790,724.20 763,466.45 0.00 0.00 B-1 8,808,000.00 5.93540% 8,791,761.42 43,485.50 0.00 0.00 B-2 3,425,000.00 5.93540% 3,418,685.61 16,909.38 0.00 0.00 B-3 2,936,000.00 5.93540% 2,930,587.14 14,495.17 0.00 0.00 B-4 979,000.00 5.93540% 977,195.10 4,833.37 0.00 0.00 B-5 979,000.00 5.93540% 977,195.10 4,833.37 0.00 0.00 B-6 1,223,856.63 5.93540% 1,221,597.90 6,042.22 0.00 0.00 A-R 50.00 6.21880% 0.00 0.00 0.00 0.00 A-LR 50.00 6.21880% 0.00 0.00 0.00 0.00 Totals 489,335,956.63 2,145,223.32 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 1-A-1 0.00 0.00 582,088.17 0.00 115,681,484.98 2-A-1 0.00 0.00 453,958.02 0.00 90,880,240.72 2-A-2 0.00 0.00 21,511.49 0.00 90,880,240.72 3-A-1 0.00 0.00 233,600.18 0.00 44,646,452.16 4-A-1 0.00 0.00 763,466.45 0.00 135,452,291.37 B-1 0.00 0.00 43,485.50 0.00 8,783,538.56 B-2 0.00 0.00 16,909.38 0.00 3,415,488.14 B-3 0.00 0.00 14,495.17 0.00 2,927,846.19 B-4 0.00 0.00 4,833.37 0.00 976,281.14 B-5 0.00 0.00 4,833.37 0.00 976,281.14 B-6 0.00 0.00 6,042.22 0.00 1,220,455.35 A-R 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,145,223.32 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 1-A-1 138,112,000.00 5.57514% 907.15853119 4.21460966 0.00000000 0.00000000 2-A-1 103,409,000.00 5.75000% 916.15878792 4.38992757 0.00000000 0.00000000 2-A-2 0.00 0.27247% 916.15878792 0.20802338 0.00000000 0.00000000 3-A-1 52,582,000.00 5.82297% 915.53094006 4.44258834 0.00000000 0.00000000 4-A-1 176,882,000.00 6.19903% 835.53286485 4.31624727 0.00000000 0.00000000 B-1 8,808,000.00 5.93540% 998.15638283 4.93704587 0.00000000 0.00000000 B-2 3,425,000.00 5.93540% 998.15638248 4.93704526 0.00000000 0.00000000 B-3 2,936,000.00 5.93540% 998.15638283 4.93704700 0.00000000 0.00000000 B-4 979,000.00 5.93540% 998.15638407 4.93704801 0.00000000 0.00000000 B-5 979,000.00 5.93540% 998.15638407 4.93704801 0.00000000 0.00000000 B-6 1,223,856.63 5.93540% 998.15441618 4.93703253 0.00000000 0.00000000 A-R 50.00 6.21880% 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 6.21880% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 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 1-A-1 0.00000000 0.00000000 4.21460966 0.00000000 837.59184560 2-A-1 0.00000000 0.00000000 4.38992757 0.00000000 878.84266089 2-A-2 0.00000000 0.00000000 0.20802338 0.00000000 878.84266089 3-A-1 0.00000000 0.00000000 4.44258834 0.00000000 849.08242669 4-A-1 0.00000000 0.00000000 4.31624727 0.00000000 765.77770135 B-1 0.00000000 0.00000000 4.93704587 0.00000000 997.22281562 B-2 0.00000000 0.00000000 4.93704526 0.00000000 997.22281460 B-3 0.00000000 0.00000000 4.93704700 0.00000000 997.22281676 B-4 0.00000000 0.00000000 4.93704801 0.00000000 997.22281920 B-5 0.00000000 0.00000000 4.93704801 0.00000000 997.22281920 B-6 0.00000000 0.00000000 4.93703253 0.00000000 997.22085094 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 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 31,562,794.09 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 18,795.17 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 31,581,589.26 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 119,988.17 Payment of Interest and Principal 31,461,601.09 Total Withdrawals (Pool Distribution Amount) 31,581,589.26 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 119,988.17 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 119,988.17
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 5 0 0 0 5 2,196,541.94 0.00 0.00 0.00 2,196,541.94 60 Days 2 0 0 0 2 1,143,764.70 0.00 0.00 0.00 1,143,764.70 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 3,340,306.64 0.00 0.00 0.00 3,340,306.64 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.551876% 0.000000% 0.000000% 0.000000% 0.551876% 0.541995% 0.000000% 0.000000% 0.000000% 0.541995% 60 Days 0.220751% 0.000000% 0.000000% 0.000000% 0.220751% 0.282223% 0.000000% 0.000000% 0.000000% 0.282223% 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 0.772627% 0.000000% 0.000000% 0.000000% 0.772627% 0.824217% 0.000000% 0.000000% 0.000000% 0.824217%
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 2 0 0 0 2 883,470.14 0.00 0.00 0.00 883,470.14 60 Days 1 0 0 0 1 683,632.73 0.00 0.00 0.00 683,632.73 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 0 0 0 3 1,567,102.87 0.00 0.00 0.00 1,567,102.87 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.784314% 0.000000% 0.000000% 0.000000% 0.784314% 0.729210% 0.000000% 0.000000% 0.000000% 0.729210% 60 Days 0.392157% 0.000000% 0.000000% 0.000000% 0.392157% 0.564266% 0.000000% 0.000000% 0.000000% 0.564266% 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 1.176471% 0.000000% 0.000000% 0.000000% 1.176471% 1.293475% 0.000000% 0.000000% 0.000000% 1.293475% 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 1 0 0 0 1 346,136.45 0.00 0.00 0.00 346,136.45 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 1 346,136.45 0.00 0.00 0.00 346,136.45 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.454545% 0.000000% 0.000000% 0.000000% 0.454545% 0.364462% 0.000000% 0.000000% 0.000000% 0.364462% 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 0.454545% 0.000000% 0.000000% 0.000000% 0.454545% 0.364462% 0.000000% 0.000000% 0.000000% 0.364462% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 966,935.35 0.00 0.00 0.00 966,935.35 60 Days 1 0 0 0 1 460,131.97 0.00 0.00 0.00 460,131.97 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 0 0 0 3 1,427,067.32 0.00 0.00 0.00 1,427,067.32 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.647249% 0.000000% 0.000000% 0.000000% 0.647249% 0.678939% 0.000000% 0.000000% 0.000000% 0.678939% 60 Days 0.323625% 0.000000% 0.000000% 0.000000% 0.323625% 0.323084% 0.000000% 0.000000% 0.000000% 0.323084% 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 0.970874% 0.000000% 0.000000% 0.000000% 0.970874% 1.002023% 0.000000% 0.000000% 0.000000% 1.002023%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 18,795.17
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 141,209.00 0.02885727% 141,209.00 0.03486983% Fraud 9,786,719.00 1.99999998% 9,786,719.00 2.41671037% Special Hazard 6,120,000.00 1.25067450% 6,120,000.00 1.51125903% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 6.258908% Weighted Average Net Coupon 5.927355% Weighted Average Pass-Through Rate 5.927355% Weighted Average Maturity(Stepdown Calculation ) 354 Beginning Scheduled Collateral Loan Count 965 Number Of Loans Paid In Full 59 Ending Scheduled Collateral Loan Count 906 Beginning Scheduled Collateral Balance 434,276,737.51 Ending Scheduled Collateral Balance 404,960,359.75 Ending Actual Collateral Balance at 31-Oct-2002 405,270,101.69 Monthly P &I Constant 2,673,485.95 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 404,960,359.75 Scheduled Principal 408,274.56 Unscheduled Principal 28,908,103.20
Miscellaneous Reporting Group 1 Senior % 95.890442% Group 1 Junior % 4.109558% Group 1 Senior Prepayment % 100.000000% Group 2 Senior % 95.928442% Group 2 Junior % 4.071558% Group 2 Senior Prepayment % 100.000000% Group 3 Senior % 95.925237% Group 3 Junior % 4.074763% Group 3 Senior Prepayment % 100.000000% Group 4 Senior % 95.550912% Group 4 Junior % 4.449088% Group 4 Senior Prepayment % 100.000000%
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Fixed 15 Year Fixed 15 Year 5/1 CMT ARM Weighted Average Coupon Rate 5.919031 6.309707 6.075695 Weighted Average Net Rate 5.575135 6.022472 5.822966 Weighted Average Maturity 354 355 355 Beginning Loan Count 271 229 130 Loans Paid In Full 16 9 8 Ending Loan Count 255 220 122 Beginning Scheduled Balance 130,658,985.43 98,760,140.71 50,185,383.36 Ending scheduled Balance 121,045,160.30 94,897,439.94 46,689,303.43 Record Date 10/31/2002 10/31/2002 10/31/2002 Principal And Interest Constant 786,368.66 614,520.89 305,241.57 Scheduled Principal 141,889.84 95,231.29 51,149.02 Unscheduled Principal 9,471,935.29 3,767,469.48 3,444,930.91 Scheduled Interest 644,478.82 519,289.60 254,092.55 Servicing Fees 37,444.22 23,639.41 10,569.39 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 607,034.60 495,650.19 243,523.16 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 5.575135 6.022473 5.822967
Group Level Collateral Statement Group Group 4 Total Collateral Description 7/1 CMT ARM Fixed & Mixed ARM Weighted Average Coupon Rate 6.574034 6.258908 Weighted Average Net Rate 6.199034 5.927355 Weighted Average Maturity 353 354 Beginning Loan Count 335 965 Loans Paid In Full 26 59 Ending Loan Count 309 906 Beginning Scheduled Balance 154,672,228.01 434,276,737.51 Ending scheduled Balance 142,328,456.08 404,960,359.75 Record Date 10/31/2002 10/31/2002 Principal And Interest Constant 967,354.83 2,673,485.95 Scheduled Principal 120,004.41 408,274.56 Unscheduled Principal 12,223,767.52 28,908,103.20 Scheduled Interest 847,350.42 2,265,211.39 Servicing Fees 48,335.07 119,988.09 Master Servicing Fees 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 Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 799,015.35 2,145,223.30 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 6.199034 5.927355
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