-----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, F5loNi48WOkp46ZuRUVNBUURGYWBmaPNHr/NDUXAl8SXshu24F8mejKGkUAX9AsL DeT2d9+t37ZikPH22E6Ehw== 0001056404-03-001755.txt : 20031003 0001056404-03-001755.hdr.sgml : 20031003 20031003134856 ACCESSION NUMBER: 0001056404-03-001755 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030925 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031003 FILER: COMPANY DATA: COMPANY CONFORMED NAME: THORNBURG MORTGAGE SECURITIES TRUST 2002-4 CENTRAL INDEX KEY: 0001207971 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: 333-56240-09 FILM NUMBER: 03927353 BUSINESS ADDRESS: STREET 1: 245 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 11201 FORMER COMPANY: FORMER CONFORMED NAME: STRUCTURED ASSET MORT INV INC MORT PASS THR CERT SER 2002-4 DATE OF NAME CHANGE: 20021127 8-K 1 thb02004_sept.txt SEPTEMBER 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): September 25, 2003 THORNBURG MORTGAGE SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2002-4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-56240-09 90-0073156 Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) 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 September 25, 2003 a distribution was made to holders of THORNBURG MORTGAGE SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2002-4 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 2002-4 Trust, relating to the September 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. THORNBURG MORTGAGE SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2002-4 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: 9/26/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-4 Trust, relating to the September 25, 2003 distribution. EX-99.1
Thornburg Mortgage Home Loans, Inc. Mortgage Pass-Through Certificates Record Date: 8/31/03 Distribution Date: 9/25/03 THB Series: 2002-4 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 885220CA9 SEN 2.82022% 293,480,718.81 689,734.19 5,126,125.20 II-A 885220CB7 SEN 4.58186% 112,130,944.45 428,140.06 11,435,456.30 III-A 885220CC5 SEN 5.05703% 149,155,949.76 628,572.01 13,891,124.48 IV-A 885220CD3 SEN 5.60759% 12,935,208.17 60,446.10 152,854.11 B-1 885220CE1 SUB 4.08281% 10,362,393.56 35,256.43 3,100.72 B-2 885220CF8 SUB 4.08281% 6,044,712.96 20,566.20 1,808.75 B-3 885220CG6 SUB 4.08281% 3,885,872.65 13,221.08 1,162.76 B-4 885220CK7 SUB 4.08281% 1,295,423.85 4,407.48 387.63 B-5 885220CL5 SUB 4.08281% 863,416.45 2,937.64 258.36 B-6 885220CM3 SUB 4.08281% 2,590,859.67 8,815.00 775.26 R-I 885220CH4 SEN 0.00000% 0.00 0.00 0.00 R-II 885220CJ0 SEN 0.00000% 0.00 0.00 0.00 Totals 592,745,500.33 1,892,096.19 30,613,053.57
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 288,354,593.61 5,815,859.39 0.00 II-A 0.00 100,695,488.15 11,863,596.36 0.00 III-A 0.00 135,264,825.28 14,519,696.49 0.00 IV-A 0.00 12,782,354.06 213,300.21 0.00 B-1 0.00 10,359,292.84 38,357.15 0.00 B-2 0.00 6,042,904.21 22,374.95 0.00 B-3 0.00 3,884,709.89 14,383.84 0.00 B-4 0.00 1,295,036.22 4,795.11 0.00 B-5 0.00 863,158.09 3,196.00 0.00 B-6 0.00 2,590,084.41 9,590.26 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 Totals 0.00 562,132,446.76 32,505,149.76 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 328,742,400.00 293,480,718.81 16,921.90 5,109,203.30 0.00 0.00 II-A 191,023,000.00 112,130,944.45 42,754.57 11,392,701.73 0.00 0.00 III-A 305,617,600.00 149,155,949.76 76,190.77 13,814,933.71 0.00 0.00 IV-A 15,424,900.00 12,935,208.17 3,347.65 149,506.46 0.00 0.00 B-1 10,391,000.00 10,362,393.56 3,100.72 0.00 0.00 0.00 B-2 6,061,400.00 6,044,712.96 1,808.75 0.00 0.00 0.00 B-3 3,896,600.00 3,885,872.65 1,162.76 0.00 0.00 0.00 B-4 1,299,000.00 1,295,423.85 387.63 0.00 0.00 0.00 B-5 865,800.00 863,416.45 258.36 0.00 0.00 0.00 B-6 2,598,012.00 2,590,859.67 775.26 0.00 0.00 0.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 Totals 865,919,812.00 592,745,500.33 146,708.37 30,466,345.20 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 I-A 5,126,125.20 288,354,593.61 0.87714452 5,126,125.20 II-A 11,435,456.30 100,695,488.15 0.52713803 11,435,456.30 III-A 13,891,124.48 135,264,825.28 0.44259501 13,891,124.48 IV-A 152,854.11 12,782,354.06 0.82868311 152,854.11 B-1 3,100.72 10,359,292.84 0.99694859 3,100.72 B-2 1,808.75 6,042,904.21 0.99694859 1,808.75 B-3 1,162.76 3,884,709.89 0.99694859 1,162.76 B-4 387.63 1,295,036.22 0.99694859 387.63 B-5 258.36 863,158.09 0.99694859 258.36 B-6 775.26 2,590,084.41 0.99694859 775.26 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 Totals 30,613,053.57 562,132,446.76 0.64917379 30,613,053.57
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 328,742,400.00 892.73765359 0.05147465 15.54166210 0.00000000 II-A 191,023,000.00 587.00232145 0.22381896 59.64047120 0.00000000 III-A 305,617,600.00 488.04764438 0.24930099 45.20333158 0.00000000 IV-A 15,424,900.00 838.59267613 0.21702896 9.69253998 0.00000000 B-1 10,391,000.00 997.24699836 0.29840439 0.00000000 0.00000000 B-2 6,061,400.00 997.24699904 0.29840466 0.00000000 0.00000000 B-3 3,896,600.00 997.24699738 0.29840374 0.00000000 0.00000000 B-4 1,299,000.00 997.24699769 0.29840647 0.00000000 0.00000000 B-5 865,800.00 997.24699700 0.29840610 0.00000000 0.00000000 B-6 2,598,012.00 997.24699886 0.29840509 0.00000000 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes Are Per $1000 Denomination.
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 15.59313675 877.14451683 0.87714452 15.59313675 II-A 0.00000000 59.86429016 527.13803128 0.52713803 59.86429016 III-A 0.00000000 45.45263257 442.59501181 0.44259501 45.45263257 IV-A 0.00000000 9.90956894 828.68310718 0.82868311 9.90956894 B-1 0.00000000 0.29840439 996.94859398 0.99694859 0.29840439 B-2 0.00000000 0.29840466 996.94859438 0.99694859 0.29840466 B-3 0.00000000 0.29840374 996.94859365 0.99694859 0.29840374 B-4 0.00000000 0.29840647 996.94859122 0.99694859 0.29840647 B-5 0.00000000 0.29840610 996.94859090 0.99694859 0.29840610 B-6 0.00000000 0.29840509 996.94859377 0.99694859 0.29840509 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 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 I-A 328,742,400.00 2.82022% 293,480,718.81 689,734.19 0.00 0.00 II-A 191,023,000.00 4.58186% 112,130,944.45 428,140.06 0.00 0.00 III-A 305,617,600.00 5.05703% 149,155,949.76 628,572.01 0.00 0.00 IV-A 15,424,900.00 5.60759% 12,935,208.17 60,446.10 0.00 0.00 B-1 10,391,000.00 4.08281% 10,362,393.56 35,256.43 0.00 0.00 B-2 6,061,400.00 4.08281% 6,044,712.96 20,566.20 0.00 0.00 B-3 3,896,600.00 4.08281% 3,885,872.65 13,221.08 0.00 0.00 B-4 1,299,000.00 4.08281% 1,295,423.85 4,407.48 0.00 0.00 B-5 865,800.00 4.08281% 863,416.45 2,937.64 0.00 0.00 B-6 2,598,012.00 4.08281% 2,590,859.67 8,815.00 0.00 0.00 R-I 50.00 0.00000% 0.00 0.00 0.00 0.00 R-II 50.00 0.00000% 0.00 0.00 0.00 0.00 Totals 865,919,812.00 1,892,096.19 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 0.00 0.00 689,734.19 0.00 288,354,593.61 II-A 0.00 0.00 428,140.06 0.00 100,695,488.15 III-A 0.00 0.00 628,572.01 0.00 135,264,825.28 IV-A 0.00 0.00 60,446.10 0.00 12,782,354.06 B-1 0.00 0.00 35,256.43 0.00 10,359,292.84 B-2 0.00 0.00 20,566.20 0.00 6,042,904.21 B-3 0.00 0.00 13,221.08 0.00 3,884,709.89 B-4 0.00 0.00 4,407.48 0.00 1,295,036.22 B-5 0.00 0.00 2,937.64 0.00 863,158.09 B-6 0.00 0.00 8,815.00 0.00 2,590,084.41 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1,892,096.19 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 328,742,400.00 2.82022% 892.73765359 2.09809927 0.00000000 0.00000000 II-A 191,023,000.00 4.58186% 587.00232145 2.24130110 0.00000000 0.00000000 III-A 305,617,600.00 5.05703% 488.04764438 2.05672713 0.00000000 0.00000000 IV-A 15,424,900.00 5.60759% 838.59267613 3.91873529 0.00000000 0.00000000 B-1 10,391,000.00 4.08281% 997.24699836 3.39297758 0.00000000 0.00000000 B-2 6,061,400.00 4.08281% 997.24699904 3.39297852 0.00000000 0.00000000 B-3 3,896,600.00 4.08281% 997.24699738 3.39297849 0.00000000 0.00000000 B-4 1,299,000.00 4.08281% 997.24699769 3.39297921 0.00000000 0.00000000 B-5 865,800.00 4.08281% 997.24699700 3.39297759 0.00000000 0.00000000 B-6 2,598,012.00 4.08281% 997.24699886 3.39297894 0.00000000 0.00000000 R-I 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000% 0.00000000 0.00000000 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 I-A 0.00000000 0.00000000 2.09809927 0.00000000 877.14451683 II-A 0.00000000 0.00000000 2.24130110 0.00000000 527.13803128 III-A 0.00000000 0.00000000 2.05672713 0.00000000 442.59501181 IV-A 0.00000000 0.00000000 3.91873529 0.00000000 828.68310718 B-1 0.00000000 0.00000000 3.39297758 0.00000000 996.94859398 B-2 0.00000000 0.00000000 3.39297852 0.00000000 996.94859438 B-3 0.00000000 0.00000000 3.39297849 0.00000000 996.94859365 B-4 0.00000000 0.00000000 3.39297921 0.00000000 996.94859122 B-5 0.00000000 0.00000000 3.39297759 0.00000000 996.94859090 B-6 0.00000000 0.00000000 3.39297894 0.00000000 996.94859377 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 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 32,679,030.60 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 9,432.41 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 32,688,463.01 Withdrawals Reimbursement for Servicer Advances 14,197.92 Payment of Service Fee 169,115.33 Payment of Interest and Principal 32,505,149.76 Total Withdrawals (Pool Distribution Amount) 32,688,463.01 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 159,236.21 Master Servicing Fee- Wells Fargo 9,385.18 Trustee Fee - Deutsche Bank 493.94 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 169,115.33
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 3 0 0 0 3 2,357,184.22 0.00 0.00 0.00 2,357,184.22 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 0 0 0 3 2,357,184.22 0.00 0.00 0.00 2,357,184.22 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.460123% 0.000000% 0.000000% 0.000000% 0.460123% 0.790521% 0.000000% 0.000000% 0.000000% 0.790521% 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 0.460123% 0.000000% 0.000000% 0.000000% 0.460123% 0.790521% 0.000000% 0.000000% 0.000000% 0.790521% 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 2 0 0 0 2 589,062.24 0.00 0.00 0.00 589,062.24 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 2 589,062.24 0.00 0.00 0.00 589,062.24 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.529101% 0.000000% 0.000000% 0.000000% 0.529101% 0.407925% 0.000000% 0.000000% 0.000000% 0.407925% 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 0.529101% 0.000000% 0.000000% 0.000000% 0.529101% 0.407925% 0.000000% 0.000000% 0.000000% 0.407925% 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 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%
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.172876% Weighted Average Net Coupon 3.850506% Weighted Average Pass-Through Rate 3.830506% Weighted Average Maturity(Stepdown Calculation ) 351 Beginning Scheduled Collateral Loan Count 1,428 Number Of Loans Paid In Full 69 Ending Scheduled Collateral Loan Count 1,359 Beginning Scheduled Collateral Balance 592,745,500.81 Ending Scheduled Collateral Balance 562,132,447.25 Ending Actual Collateral Balance at 31-Aug-2003 562,235,086.92 Monthly P &I Constant 2,207,919.83 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 32,412,452.45 Ending Scheduled Balance for Premium Loans 562,132,447.25 Scheduled Principal 146,708.36 Unscheduled Principal 30,466,345.20
Miscellaneous Reporting Senior Percentage Group 1 96.764598% Senior PrePayment Percentage Grp 1 100.000000% Subordinate Percentage Group 1 3.235402% Subordinate PrePayment Percentage Grp 1 0.000000% Senior Percentage Group 2 95.175733% Senior PrePayment Percentage Grp 2 100.000000% Subordinate Percentage Group 2 4.824267% Subordinate PrePayment Percentage Grp 2 0.000000% Senior Percentage Group 3 94.257737% Senior PrePayment Percentage Grp 3 100.000000% Subordinate Percentage Group 3 5.742263% Subordinate PrePayment Percentage Grp 3 0.000000% Senior Percentage Group 4 96.569476% Senior PrePayment Percentage Grp 4 100.000000% Subordinate Percentage Group 4 3.430524% Subordinate PrePayment Percentage Grp 4 0.000000%
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 3.214654 4.856664 5.356050 Weighted Average Net Rate 2.840223 4.601858 5.077032 Weighted Average Maturity 351 353 350 Beginning Loan Count 664 330 409 Loans Paid In Full 12 25 31 Ending Loan Count 652 305 378 Beginning Scheduled Balance 303,293,484.80 117,814,637.76 158,242,661.09 Ending scheduled Balance 298,166,793.80 106,377,014.32 144,346,895.00 Record Date 08/31/2003 08/31/2003 08/31/2003 Principal And Interest Constant 829,973.92 521,743.42 787,128.73 Scheduled Principal 17,487.70 44,921.71 80,832.38 Unscheduled Principal 5,109,203.30 11,392,701.73 13,814,933.71 Scheduled Interest 812,486.22 476,821.71 706,296.35 Servicing Fees 94,635.31 25,016.53 36,793.81 Master Servicing Fees 4,802.17 1,865.40 2,505.51 Trustee Fee 252.74 98.17 131.87 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 712,796.00 449,841.61 666,865.16 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 2.820223 4.581858 5.057032
Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.877588 4.172876 Weighted Average Net Rate 5.627588 3.850506 Weighted Average Maturity 349 351 Beginning Loan Count 25 1,428 Loans Paid In Full 1 69 Ending Loan Count 24 1,359 Beginning Scheduled Balance 13,394,717.16 592,745,500.81 Ending scheduled Balance 13,241,744.13 562,132,447.25 Record Date 08/31/2003 08/31/2003 Principal And Interest Constant 69,073.76 2,207,919.83 Scheduled Principal 3,466.57 146,708.36 Unscheduled Principal 149,506.46 30,466,345.20 Scheduled Interest 65,607.19 2,061,211.47 Servicing Fees 2,790.56 159,236.21 Master Servicing Fees 212.10 9,385.18 Trustee Fee 11.16 493.94 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 62,593.37 1,892,096.14 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 5.607588 3.830506
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