-----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, PdzH6keR3x/wS+8TYhyA4hlwFy/At/QgsBia1FJGgvGMvqNa8N9K2V00ZKXiIRXr 7aH34GDFeesfK7TNIEwHNQ== 0001056404-02-001591.txt : 20021210 0001056404-02-001591.hdr.sgml : 20021210 20021210103925 ACCESSION NUMBER: 0001056404-02-001591 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: 20021210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO ALTERNATIVE LOAN 2002-1 TRUST CENTRAL INDEX KEY: 0001185897 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: 333-45578-02 FILM NUMBER: 02853034 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 8-K 1 wfa02001.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 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Asset Backed Pass-Through Certificates, Series 2002-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-45578-02 Pooling and Servicing Agreement) (Commission 52-2379794 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On November 25, 2002 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Asset Backed Pass-Through Certificates, Series 2002-1 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 Asset Backed Pass-Through Certificates, Series 2002-1 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Asset Backed Pass-Through Certificates, Series 2002-1 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: 12/10/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Asset Backed Pass-Through Certificates, Series 2002-1 Trust, relating to the November 25, 2002 distribution. EX-99.1
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 10/31/02 Distribution Date: 11/25/02 WFALT Series: 2002-1 Contact: Customer Service - SecuritiesLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 846-8130 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-PO 94974SAC7 PO 0.00000% 76,469.84 0.00 22,075.76 I-A-1 94974SAA1 SEQ 6.25000% 113,316,778.17 590,152.89 4,827,214.87 I-A-R 94974SAB9 RES 6.25000% 0.00 0.00 0.00 II-A-1 94974SAD5 SEQ 6.25000% 79,901,615.57 416,126.99 2,705,885.81 B-1 94974SAF0 SUB 6.25000% 7,426,580.71 38,677.57 6,851.17 B-2 94974SAG8 SUB 6.25000% 2,138,136.54 11,135.40 1,972.47 B-3 94974SAH6 SUB 6.25000% 1,124,967.27 5,858.82 1,037.80 B-4 94974SAJ2 SUB 6.25000% 1,124,967.27 5,858.82 1,037.80 B-5 94974SAK9 SUB 6.25000% 675,778.92 3,519.45 623.42 B-6 94974SAL7 SUB 6.25000% 1,013,893.47 5,280.35 935.34 Totals 206,799,187.76 1,076,610.29 7,567,634.44
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-PO 0.00 54,394.08 22,075.76 0.00 I-A-1 0.00 108,489,563.30 5,417,367.76 0.00 I-A-R 0.00 0.00 0.00 0.00 II-A-1 0.00 77,195,729.76 3,122,012.80 0.00 B-1 0.00 7,419,729.54 45,528.74 0.00 B-2 0.00 2,136,164.07 13,107.87 0.00 B-3 0.00 1,123,929.46 6,896.62 0.00 B-4 0.00 1,123,929.46 6,896.62 0.00 B-5 0.00 675,155.50 4,142.87 0.00 B-6 0.00 1,012,958.13 6,215.69 0.00 Totals 0.00 199,231,553.30 8,644,244.73 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) A-PO 77,662.41 76,469.84 182.91 21,892.85 0.00 0.00 I-A-1 121,227,000.00 113,316,778.17 105,669.05 4,721,545.82 0.00 0.00 I-A-R 100.00 0.00 0.00 0.00 0.00 0.00 100.00 0.00 0.00 0.00 0.00 0.00 II-A-1 90,627,000.00 79,901,615.57 72,643.57 2,633,242.23 0.00 0.00 B-1 7,440,000.00 7,426,580.71 6,851.17 0.00 0.00 0.00 B-2 2,142,000.00 2,138,136.54 1,972.47 0.00 0.00 0.00 B-3 1,127,000.00 1,124,967.27 1,037.80 0.00 0.00 0.00 B-4 1,127,000.00 1,124,967.27 1,037.80 0.00 0.00 0.00 B-5 677,000.00 675,778.92 623.42 0.00 0.00 0.00 B-6 1,015,725.50 1,013,893.47 935.34 0.00 0.00 0.00 Totals 225,460,587.91 206,799,187.76 190,953.53 7,376,680.90 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 A-PO 22,075.76 54,394.08 0.70039135 22,075.76 I-A-1 4,827,214.87 108,489,563.30 0.89492904 4,827,214.87 I-A-R 0.00 0.00 0.00000000 0.00 I-A-R 0.00 0.00 0.00000000 0.00 II-A-1 2,705,885.81 77,195,729.76 0.85179615 2,705,885.81 B-1 6,851.17 7,419,729.54 0.99727548 6,851.17 B-2 1,972.47 2,136,164.07 0.99727548 1,972.47 B-3 1,037.80 1,123,929.46 0.99727547 1,037.80 B-4 1,037.80 1,123,929.46 0.99727547 1,037.80 B-5 623.42 675,155.50 0.99727548 623.42 B-6 935.34 1,012,958.13 0.99727547 935.34 Totals 7,567,634.44 199,231,553.30 0.88366466 7,567,634.44
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-PO 77,662.41 984.64417985 2.35519346 281.89763877 0.00000000 I-A-1 121,227,000.00 934.74867950 0.87166267 38.94797215 0.00000000 I-A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 90,627,000.00 881.65354221 0.80156653 29.05582475 0.00000000 B-1 7,440,000.00 998.19633199 0.92085618 0.00000000 0.00000000 B-2 2,142,000.00 998.19633053 0.92085434 0.00000000 0.00000000 B-3 1,127,000.00 998.19633540 0.92085182 0.00000000 0.00000000 B-4 1,127,000.00 998.19633540 0.92085182 0.00000000 0.00000000 B-5 677,000.00 998.19633678 0.92085672 0.00000000 0.00000000 B-6 1,015,725.50 998.19633356 0.92085903 0.00000000 0.00000000 (2) per $1000 denomination
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-PO 0.00000000 284.25283223 700.39134763 0.70039135 284.25283223 I-A-1 0.00000000 39.81963482 894.92904468 0.89492904 39.81963482 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 29.85739140 851.79615082 0.85179615 29.85739140 B-1 0.00000000 0.92085618 997.27547581 0.99727548 0.92085618 B-2 0.00000000 0.92085434 997.27547619 0.99727548 0.92085434 B-3 0.00000000 0.92085182 997.27547471 0.99727547 0.92085182 B-4 0.00000000 0.92085182 997.27547471 0.99727547 0.92085182 B-5 0.00000000 0.92085672 997.27548006 0.99727548 0.92085672 B-6 0.00000000 0.92085903 997.27547453 0.99727547 0.92085903 (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 A-PO 77,662.41 0.00000% 76,469.84 0.00 0.00 0.00 I-A-1 121,227,000.00 6.25000% 113,316,778.17 590,191.55 0.00 0.00 I-A-R 100.00 6.25000% 0.00 0.00 0.00 0.00 II-A-1 90,627,000.00 6.25000% 79,901,615.57 416,154.25 0.00 0.00 B-1 7,440,000.00 6.25000% 7,426,580.71 38,680.11 0.00 0.00 B-2 2,142,000.00 6.25000% 2,138,136.54 11,136.13 0.00 0.00 B-3 1,127,000.00 6.25000% 1,124,967.27 5,859.20 0.00 0.00 B-4 1,127,000.00 6.25000% 1,124,967.27 5,859.20 0.00 0.00 B-5 677,000.00 6.25000% 675,778.92 3,519.68 0.00 0.00 B-6 1,015,725.50 6.25000% 1,013,893.47 5,280.70 0.00 0.00 Totals 225,460,487.91 1,076,680.82 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 A-PO 0.00 0.00 0.00 0.00 54,394.08 I-A-1 38.66 0.00 590,152.89 0.00 108,489,563.30 I-A-R 0.00 0.00 0.00 0.00 0.00 II-A-1 27.26 0.00 416,126.99 0.00 77,195,729.76 B-1 2.53 0.00 38,677.57 0.00 7,419,729.54 B-2 0.73 0.00 11,135.40 0.00 2,136,164.07 B-3 0.38 0.00 5,858.82 0.00 1,123,929.46 B-4 0.38 0.00 5,858.82 0.00 1,123,929.46 B-5 0.23 0.00 3,519.45 0.00 675,155.50 B-6 0.35 0.00 5,280.35 0.00 1,012,958.13 Totals 70.52 0.00 1,076,610.29 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 A-PO 77,662.41 0.00000% 984.64417985 0.00000000 0.00000000 0.00000000 I-A-1 121,227,000.00 6.25000% 934.74867950 4.86848268 0.00000000 0.00000000 I-A-R 100.00 6.25000% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 90,627,000.00 6.25000% 881.65354221 4.59194556 0.00000000 0.00000000 B-1 7,440,000.00 6.25000% 998.19633199 5.19893952 0.00000000 0.00000000 B-2 2,142,000.00 6.25000% 998.19633053 5.19894024 0.00000000 0.00000000 B-3 1,127,000.00 6.25000% 998.19633540 5.19893523 0.00000000 0.00000000 B-4 1,127,000.00 6.25000% 998.19633540 5.19893523 0.00000000 0.00000000 B-5 677,000.00 6.25000% 998.19633678 5.19893648 0.00000000 0.00000000 B-6 1,015,725.50 6.25000% 998.19633356 5.19894401 0.00000000 0.00000000 (5) All classes are per $1000 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 A-PO 0.00000000 0.00000000 0.00000000 0.00000000 700.39134763 I-A-1 0.00031891 0.00000000 4.86816378 0.00000000 894.92904468 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00030079 0.00000000 4.59164476 0.00000000 851.79615082 B-1 0.00034005 0.00000000 5.19859812 0.00000000 997.27547581 B-2 0.00034080 0.00000000 5.19859944 0.00000000 997.27547619 B-3 0.00033718 0.00000000 5.19859805 0.00000000 997.27547471 B-4 0.00033718 0.00000000 5.19859805 0.00000000 997.27547471 B-5 0.00033973 0.00000000 5.19859675 0.00000000 997.27548006 B-6 0.00034458 0.00000000 5.19859942 0.00000000 997.27547453 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage I-A-PO 0.00000% 0.00 0.00 17,910.77 17,853.62 95.55075312% II-A-PO 0.00000% 0.00 0.00 58,559.06 36,540.46 61.95666310%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 8,444,533.08 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 301,450.58 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 8,745,983.66 Withdrawals Reimbursement for Servicer Advances 59,639.03 Payment of Service Fee 42,099.89 Payment of Interest and Principal 8,644,244.74 Total Withdrawals (Pool Distribution Amount) 8,745,983.66 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 4,151.36 Servicing Fee Support 4,080.84 Non-Supported Prepayment/Curtailment Interest Shortfall 70.52
SERVICING FEES Gross Servicing Fee 43,251.26 Master Servicing Fee 2,929.47 Supported Prepayment/Curtailment Interest Shortfall 4,080.84 Net Servicing Fee 42,099.89
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 12 0 0 0 12 1,961,356.34 0.00 0.00 0.00 1,961,356.34 60 Days 2 0 0 0 2 741,642.95 0.00 0.00 0.00 741,642.95 90 Days 5 0 0 0 5 700,628.71 0.00 0.00 0.00 700,628.71 120 Days 1 0 0 0 1 57,329.84 0.00 0.00 0.00 57,329.84 150 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 20 0 0 0 20 3,460,957.84 0.00 0.00 0.00 3,460,957.84 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 1.156069% 0.000000% 0.000000% 0.000000% 1.156069% 0.968394% 0.000000% 0.000000% 0.000000% 0.968394% 60 Days 0.192678% 0.000000% 0.000000% 0.000000% 0.192678% 0.366176% 0.000000% 0.000000% 0.000000% 0.366176% 90 Days 0.481696% 0.000000% 0.000000% 0.000000% 0.481696% 0.345926% 0.000000% 0.000000% 0.000000% 0.345926% 120 Days 0.096339% 0.000000% 0.000000% 0.000000% 0.096339% 0.028306% 0.000000% 0.000000% 0.000000% 0.028306% 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 1.926782% 0.000000% 0.000000% 0.000000% 1.926782% 1.708802% 0.000000% 0.000000% 0.000000% 1.708802%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 11 0 0 0 11 1,639,181.70 0.00 0.00 0.00 1,639,181.70 60 Days 1 0 0 0 1 279,934.60 0.00 0.00 0.00 279,934.60 90 Days 4 0 0 0 4 334,833.96 0.00 0.00 0.00 334,833.96 120 Days 1 0 0 0 1 57,329.84 0.00 0.00 0.00 57,329.84 150 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 17 0 0 0 17 2,311,280.10 0.00 0.00 0.00 2,311,280.10 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.303318% 0.000000% 0.000000% 0.000000% 1.303318% 1.399329% 0.000000% 0.000000% 0.000000% 1.399329% 60 Days 0.118483% 0.000000% 0.000000% 0.000000% 0.118483% 0.238973% 0.000000% 0.000000% 0.000000% 0.238973% 90 Days 0.473934% 0.000000% 0.000000% 0.000000% 0.473934% 0.285840% 0.000000% 0.000000% 0.000000% 0.285840% 120 Days 0.118483% 0.000000% 0.000000% 0.000000% 0.118483% 0.048941% 0.000000% 0.000000% 0.000000% 0.048941% 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 2.014218% 0.000000% 0.000000% 0.000000% 2.014218% 1.973083% 0.000000% 0.000000% 0.000000% 1.973083% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 1 322,174.64 0.00 0.00 0.00 322,174.64 60 Days 1 0 0 0 1 461,708.35 0.00 0.00 0.00 461,708.35 90 Days 1 0 0 0 1 365,794.75 0.00 0.00 0.00 365,794.75 120 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 1,149,677.74 0.00 0.00 0.00 1,149,677.74 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.515464% 0.000000% 0.000000% 0.000000% 0.515464% 0.385632% 0.000000% 0.000000% 0.000000% 0.385632% 60 Days 0.515464% 0.000000% 0.000000% 0.000000% 0.515464% 0.552649% 0.000000% 0.000000% 0.000000% 0.552649% 90 Days 0.515464% 0.000000% 0.000000% 0.000000% 0.515464% 0.437844% 0.000000% 0.000000% 0.000000% 0.437844% 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 1.546392% 0.000000% 0.000000% 0.000000% 1.546392% 1.376124% 0.000000% 0.000000% 0.000000% 1.376124%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 350,506.39
SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class I-A-1 104,155,825.50 46.19693076% 90,687,595.92 45.51869140% 54.483757% 0.000000% Class I-AR 104,155,725.50 46.19688641% 90,687,595.92 45.51869140% 0.000000% 0.000000% Class II-A-1 13,528,725.50 6.00048622% 13,491,866.16 6.77195250% 38.767908% 0.000000% Class B-1 6,088,725.50 2.70057319% 6,072,136.62 3.04777859% 3.726209% 0.000000% Class B-2 3,946,725.50 1.75051759% 3,935,972.55 1.97557690% 1.072787% 0.000000% Class B-3 2,819,725.50 1.25065173% 2,812,043.09 1.41144464% 0.564440% 0.000000% Class B-4 1,692,725.50 0.75078588% 1,688,113.63 0.84731239% 0.564440% 0.000000% Class B-5 1,015,725.50 0.45051153% 1,012,958.13 0.50843258% 0.339065% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.508710% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Fixed 15 & 30 Year Weighted Average Gross Coupon 7.587784% Weighted Average Pass-Through Rate 6.250000% Weighted Average Maturity(Stepdown Calculation ) 340 Beginning Scheduled Collateral Loan Count 1,071 Number Of Loans Paid In Full 33 Ending Scheduled Collateral Loan Count 1,038 Beginning Scheduled Collateral Balance 206,799,187.74 Ending Scheduled Collateral Balance 199,231,553.30 Ending Actual Collateral Balance at 31-Oct-2002 202,537,058.57 Ending Scheduled Balance For Wells Fargo Serviced 196,300,041.18 Ending Scheduled Balance For Other Servicers 2,931,512.12 Monthly P&I Constant 1,321,794.18 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Non-PO Optimal Amount 8,517,370.71 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 196,956,640.93 Ending scheduled Balance For discounted Loans 2,274,912.37 Scheduled Principal 190,953.54 Unscheduled Principal 7,376,680.90 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 144,116,718.50 Greater Than 80%, less than or equal to 85% 5,458,376.13 Greater than 85%, less than or equal to 95% 47,291,199.55 Greater than 95% 2,412,370.06
Group Level Collateral Statement Group 1 2 Total Collateral Description Fixed 15 & 30 Year Fixed 15 & 30 Year Fixed 15 & 30 Year Weighted Average Coupon Rate 7.713818 7.409847 7.587784 Weighted Average Net Rate 6.249126 6.245760 6.247731 Weighted Average Maturity 340 341 340 Beginning Loan Count 870 201 1,071 Loans Paid In Full 26 7 33 Ending Loan Count 844 194 1,038 Beginning Scheduled Balance 121,060,434.99 85,738,752.75 206,799,187.74 Ending scheduled Balance 116,225,958.63 83,005,594.67 199,231,553.30 Record Date 10/31/2002 10/31/2002 10/31/2002 Principal And Interest Constant 773,949.33 547,844.84 1,321,794.18 Scheduled Principal 112,925.13 78,028.41 190,953.54 Unscheduled Principal 4,721,551.23 2,655,129.67 7,376,680.90 Scheduled Interest 657,399.93 465,400.13 1,122,800.06 Servicing Fees 25,318.10 17,933.15 43,251.26 Master Servicing Fees 1,714.84 1,214.63 2,929.47 Trustee Fee 0.00 0.00 0.00 FRY Amount 120,714.69 64,024.90 184,739.59 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 509,652.30 382,227.45 891,879.75 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
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