-----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, QJziH1wGodJ9Pr8ZWJjWB5MP8Ei4lzRRUM22GUCkAbjw4i9fvIcKcqGx7K865XEW Rqq/B/Owl8K9/STA51OgrQ== 0001056404-02-001539.txt : 20021209 0001056404-02-001539.hdr.sgml : 20021209 20021209154927 ACCESSION NUMBER: 0001056404-02-001539 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: STRUCTURED ASSET SEC CORP MORT PASS THR CERT SER 2002 HF2 CENTRAL INDEX KEY: 0001203090 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: 333-92140-09 FILM NUMBER: 02852326 BUSINESS ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 8-K 1 sac02hf2.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 STRUCTURED ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2002-HF2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-92140-09 52-2383383 Pooling and Servicing Agreement) (Commission 52-2383384 (State or other File Number) 52-2383385 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 STRUCTURED ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2002-HF2 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-HF2 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. STRUCTURED ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2002-HF2 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 12/6/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-HF2 Trust, relating to the November 25, 2002 distribution. EX-99.1
Structured Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 10/31/02 Distribution Date: 11/25/02 SASC Series: 2002-HF2 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 A-1 86359ACL5 SEN 2.29000% 141,000,000.00 278,044.17 3,309,254.75 A-2 86359ACN1 SEN 2.02000% 217,920,000.00 379,059.73 6,928,875.34 A-3 86359ADQ3 SEN 2.29000% 50,000,000.00 98,597.22 0.00 A-4 86359ADR1 SEN 2.47000% 27,304,000.00 58,074.09 0.00 A-5 86359ADS9 SUB 2.29000% 31,990,000.00 63,082.50 0.00 AIO 86359ACM3 IO 6.00000% 0.00 959,694.67 0.00 M1 86359ACP6 SUB 2.79000% 46,530,000.00 111,788.33 0.00 M2 86359ACQ4 SUB 4.04000% 23,265,000.00 80,936.35 0.00 M3 86359ACR2 SUB 3.79000% 24,720,000.00 80,676.47 0.00 B1 86359ACS0 SUB 3.79000% 7,270,000.00 23,726.45 0.00 B2 86359ACT8 SUB 3.79000% 4,361,000.00 14,232.61 0.00 X SAC02HF2X SUB 0.00000% 7,273,137.87 2,529,071.75 0.00 P SAC02HF2P PO 0.00000% 0.00 230,888.19 0.00 R1 SAC02H2R1 SEN 0.00000% 0.00 0.00 0.00 Totals 581,633,137.87 4,907,872.53 10,238,130.09
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 137,690,745.25 3,587,298.92 0.00 A-2 0.00 210,991,124.66 7,307,935.07 0.00 A-3 0.00 50,000,000.00 98,597.22 0.00 A-4 0.00 27,304,000.00 58,074.09 0.00 A-5 0.00 31,990,000.00 63,082.50 0.00 AIO 0.00 0.00 959,694.67 0.00 M1 0.00 46,530,000.00 111,788.33 0.00 M2 0.00 23,265,000.00 80,936.35 0.00 M3 0.00 24,720,000.00 80,676.47 0.00 B1 0.00 7,270,000.00 23,726.45 0.00 B2 0.00 4,361,000.00 14,232.61 0.00 X 0.00 7,273,137.87 2,529,071.75 0.00 P 0.00 0.00 230,888.19 0.00 R1 0.00 0.00 0.00 0.00 Totals 0.00 571,395,007.78 15,146,002.62 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-1 141,000,000.00 141,000,000.00 0.00 3,309,254.75 0.00 0.00 A-2 217,920,000.00 217,920,000.00 0.00 6,928,875.34 0.00 0.00 A-3 50,000,000.00 50,000,000.00 0.00 0.00 0.00 0.00 A-4 27,304,000.00 27,304,000.00 0.00 0.00 0.00 0.00 A-5 31,990,000.00 31,990,000.00 0.00 0.00 0.00 0.00 AIO 0.00 0.00 0.00 0.00 0.00 0.00 M1 46,530,000.00 46,530,000.00 0.00 0.00 0.00 0.00 M2 23,265,000.00 23,265,000.00 0.00 0.00 0.00 0.00 M3 24,720,000.00 24,720,000.00 0.00 0.00 0.00 0.00 B1 7,270,000.00 7,270,000.00 0.00 0.00 0.00 0.00 B2 4,361,000.00 4,361,000.00 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 R1 0.00 0.00 0.00 0.00 0.00 0.00 Totals 574,360,000.00 574,360,000.00 0.00 10,238,130.09 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-1 3,309,254.75 137,690,745.25 0.97653011 3,309,254.75 A-2 6,928,875.34 210,991,124.66 0.96820450 6,928,875.34 A-3 0.00 50,000,000.00 1.00000000 0.00 A-4 0.00 27,304,000.00 1.00000000 0.00 A-5 0.00 31,990,000.00 1.00000000 0.00 AIO 0.00 0.00 0.00000000 0.00 M1 0.00 46,530,000.00 1.00000000 0.00 M2 0.00 23,265,000.00 1.00000000 0.00 M3 0.00 24,720,000.00 1.00000000 0.00 B1 0.00 7,270,000.00 1.00000000 0.00 B2 0.00 4,361,000.00 1.00000000 0.00 P 0.00 0.00 0.00000000 0.00 R1 0.00 0.00 0.00000000 0.00 Totals 10,238,130.09 564,121,869.91 0.98217472 10,238,130.09
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 141,000,000.00 1000.00000000 0.00000000 23.46989184 0.00000000 A-2 217,920,000.00 1000.00000000 0.00000000 31.79549991 0.00000000 A-3 50,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 27,304,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 31,990,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 46,530,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 23,265,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 24,720,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 7,270,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 4,361,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 7,273,137.87 1000.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000000 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 A-1 0.00000000 23.46989184 976.53010816 0.97653011 23.46989184 A-2 0.00000000 31.79549991 968.20450009 0.96820450 31.79549991 A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AIO 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 B1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R1 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 A-1 141,000,000.00 2.29000% 141,000,000.00 278,044.17 0.00 0.00 A-2 217,920,000.00 2.02000% 217,920,000.00 379,059.73 0.00 0.00 A-3 50,000,000.00 2.29000% 50,000,000.00 98,597.22 0.00 0.00 A-4 27,304,000.00 2.47000% 27,304,000.00 58,074.09 0.00 0.00 A-5 31,990,000.00 2.29000% 31,990,000.00 63,082.50 0.00 0.00 AIO 0.00 6.00000% 191,938,935.00 959,694.68 0.00 0.00 M1 46,530,000.00 2.79000% 46,530,000.00 111,788.33 0.00 0.00 M2 23,265,000.00 4.04000% 23,265,000.00 80,936.35 0.00 0.00 M3 24,720,000.00 3.79000% 24,720,000.00 80,676.47 0.00 0.00 B1 7,270,000.00 3.79000% 7,270,000.00 23,726.45 0.00 0.00 B2 4,361,000.00 3.79000% 4,361,000.00 14,232.61 0.00 0.00 X 7,273,137.87 0.00000% 7,273,137.87 0.00 0.00 0.00 P 0.00 0.00000% 0.01 0.00 0.00 0.00 R1 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 581,633,137.87 2,147,912.60 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-1 0.00 0.00 278,044.17 0.00 137,690,745.25 A-2 0.00 0.00 379,059.73 0.00 210,991,124.66 A-3 0.00 0.00 98,597.22 0.00 50,000,000.00 A-4 0.00 0.00 58,074.09 0.00 27,304,000.00 A-5 0.00 0.00 63,082.50 0.00 31,990,000.00 AIO 0.00 0.00 959,694.67 0.00 191,938,935.00 M1 0.00 0.00 111,788.33 0.00 46,530,000.00 M2 0.00 0.00 80,936.35 0.00 23,265,000.00 M3 0.00 0.00 80,676.47 0.00 24,720,000.00 B1 0.00 0.00 23,726.45 0.00 7,270,000.00 B2 0.00 0.00 14,232.61 0.00 4,361,000.00 X 0.00 0.00 2,529,071.75 0.00 7,273,137.87 P 0.00 0.00 230,888.19 0.00 0.01 R1 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 4,907,872.53 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-1 141,000,000.00 2.29000% 1000.00000000 1.97194447 0.00000000 0.00000000 A-2 217,920,000.00 2.02000% 1000.00000000 1.73944443 0.00000000 0.00000000 A-3 50,000,000.00 2.29000% 1000.00000000 1.97194440 0.00000000 0.00000000 A-4 27,304,000.00 2.47000% 1000.00000000 2.12694440 0.00000000 0.00000000 A-5 31,990,000.00 2.29000% 1000.00000000 1.97194436 0.00000000 0.00000000 AIO 0.00 6.00000% 1000.00000000 5.00000003 0.00000000 0.00000000 M1 46,530,000.00 2.79000% 1000.00000000 2.40250011 0.00000000 0.00000000 M2 23,265,000.00 4.04000% 1000.00000000 3.47888889 0.00000000 0.00000000 M3 24,720,000.00 3.79000% 1000.00000000 3.26361125 0.00000000 0.00000000 B1 7,270,000.00 3.79000% 1000.00000000 3.26361073 0.00000000 0.00000000 B2 4,361,000.00 3.79000% 1000.00000000 3.26361156 0.00000000 0.00000000 X 7,273,137.87 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000% 0.00000000 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 A-1 0.00000000 0.00000000 1.97194447 0.00000000 976.53010816 A-2 0.00000000 0.00000000 1.73944443 0.00000000 968.20450009 A-3 0.00000000 0.00000000 1.97194440 0.00000000 1000.00000000 A-4 0.00000000 0.00000000 2.12694440 0.00000000 1000.00000000 A-5 0.00000000 0.00000000 1.97194436 0.00000000 1000.00000000 AIO 0.00000000 0.00000000 4.99999997 0.00000000 1000.00000000 M1 0.00000000 0.00000000 2.40250011 0.00000000 1000.00000000 M2 0.00000000 0.00000000 3.47888889 0.00000000 1000.00000000 M3 0.00000000 0.00000000 3.26361125 0.00000000 1000.00000000 B1 0.00000000 0.00000000 3.26361073 0.00000000 1000.00000000 B2 0.00000000 0.00000000 3.26361156 0.00000000 1000.00000000 X 0.00000000 0.00000000 347.72773392 0.00000000 1000.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R1 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 15,397,898.23 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 15,397,898.23 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 251,895.61 Payment of Interest and Principal 15,146,002.62 Total Withdrawals (Pool Distribution Amount) 15,397,898.23 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 242,347.14 Credit Risk Manager Fee 7,270.41 Trustee Fee 2,278.06 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 251,895.61
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Financial Guaranty 0.00 0.00 0.00 0.00 Reserve Fund 1,000.00 0.00 99.99 1,000.00 Financial Guaranty 0.00 0.00 0.00 0.00
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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 3 0 0 0 3 282,022.17 0.00 0.00 0.00 282,022.17 60 Days 1 0 0 0 1 102,302.23 0.00 0.00 0.00 102,302.23 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 4 384,324.40 0.00 0.00 0.00 384,324.40 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 0.061983% 0.000000% 0.000000% 0.000000% 0.061983% 0.049334% 0.000000% 0.000000% 0.000000% 0.049334% 60 Days 0.020661% 0.000000% 0.000000% 0.000000% 0.020661% 0.017896% 0.000000% 0.000000% 0.000000% 0.017896% 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 0.082645% 0.000000% 0.000000% 0.000000% 0.082645% 0.067229% 0.000000% 0.000000% 0.000000% 0.067229%
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 2 0 0 0 2 231,637.17 0.00 0.00 0.00 231,637.17 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 2 0 0 0 2 231,637.17 0.00 0.00 0.00 231,637.17 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.056689% 0.000000% 0.000000% 0.000000% 0.056689% 0.053564% 0.000000% 0.000000% 0.000000% 0.053564% 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 0.056689% 0.000000% 0.000000% 0.000000% 0.056689% 0.053564% 0.000000% 0.000000% 0.000000% 0.053564% 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 50,385.00 0.00 0.00 0.00 50,385.00 60 Days 1 0 0 0 1 102,302.23 0.00 0.00 0.00 102,302.23 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 2 0 0 0 2 152,687.23 0.00 0.00 0.00 152,687.23 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.076220% 0.000000% 0.000000% 0.000000% 0.076220% 0.036194% 0.000000% 0.000000% 0.000000% 0.036194% 60 Days 0.076220% 0.000000% 0.000000% 0.000000% 0.076220% 0.073489% 0.000000% 0.000000% 0.000000% 0.073489% 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 0.152439% 0.000000% 0.000000% 0.000000% 0.152439% 0.109683% 0.000000% 0.000000% 0.000000% 0.109683%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 3,328.76
COLLATERAL STATEMENT Collateral Description Fixed Mixed & ARM & Balloon Weighted Average Gross Coupon 10.169049% Weighted Average Pass-Through Rate 9.664349% Weighted Average Maturity(Stepdown Calculation ) 1 Beginning Scheduled Collateral Loan Count 4,913 Number Of Loans Paid In Full 73 Ending Scheduled Collateral Loan Count 4,840 Beginning Scheduled Collateral Balance 581,633,137.87 Ending Scheduled Collateral Balance 571,395,007.78 Ending Actual Collateral Balance at 31-Oct-2002 571,660,849.13 Monthly P &I Constant 5,247,766.62 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 12,011,599.98 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 571,395,007.78 Scheduled Principal 318,886.65 Unscheduled Principal 9,919,243.44 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 7,273,137.87 Overcollateralized Amount 7,273,137.87 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 2,529,071.76
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