-----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, DzCt59+JCOM6nKDe5rXUOyeaK/r8x0cSGDX39UtEMFRtmds6HMCb73hlJ1c0t3ny NxxHEYAOH6r3hj0Vdmwmmw== 0001056404-03-000080.txt : 20030114 0001056404-03-000080.hdr.sgml : 20030114 20030109083435 ACCESSION NUMBER: 0001056404-03-000080 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021226 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MLMI 2002- A 3 CENTRAL INDEX KEY: 0001208253 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-47270-05 FILM NUMBER: 03508479 BUSINESS ADDRESS: STREET 1: 4LD FINANCIAL CENTER FLOOR 10 CITY: NEW YORK STATE: NY ZIP: 10281-1310 8-K 1 mlm02a03.txt DECEMBER 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): December 26, 2002 MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2002-A03 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-47270-05 Pooling and Servicing Agreement) (Commission Pending (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 December 26, 2002 a distribution was made to holders of MERRILL LYNCH MORTGAGE INVESTORS, INC., Mortgage Pass-Through Certificates, Series 2002-A03 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-A03 Trust, relating to the December 26, 2002 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2002-A03 Trust By: Wells Fargo Bank Minnesota, NA, as Master Servicer By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 1/3/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-A03 Trust, relating to the December 26, 2002 distribution. EX-99.1
Merrill Lynch Mortgage Loans, Inc. Mortgage Pass-Through Certificates Record Date: 11/30/02 Distribution Date: 12/26/02 MLM Series: 2002-A03 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 IA-1 589929B23 SEN 4.35000% 97,508,477.00 353,468.23 8,922,203.77 IA-IO 589929C30 IO 0.82951% 0.00 67,403.74 0.00 IIA-1 589929B31 SEN 4.29000% 89,580,932.00 320,251.83 13,170,085.11 IIA-IO 589929C48 IO 0.99233% 0.00 74,077.94 0.00 IIIA-1 589929B49 SEN 4.86000% 266,490,183.00 1,079,285.24 14,975,347.92 IIIA-IO 589929C55 IO 0.96757% 0.00 214,872.78 0.00 M1 589929B56 SUB 5.58057% 6,553,264.00 30,475.78 3,564.93 M2 589929B64 SUB 5.58057% 3,042,586.00 14,149.46 1,655.14 M3 589929B72 SUB 5.58057% 1,872,360.00 8,707.36 1,018.55 B1 589929B80 SUB 5.58057% 936,179.00 4,353.68 509.27 B2 589929B98 SUB 5.58057% 936,179.00 4,353.68 509.27 B3 589929C22 SUB 5.58057% 1,170,237.66 5,442.16 636.60 RI 589929C63 SEN 0.00000% 0.00 0.00 0.00 RII 589929C71 SEN 0.00000% 0.00 0.00 0.00 RIII 589929C89 SEN 0.00000% 0.00 0.00 0.00 Totals 468,090,397.66 2,176,841.88 37,075,530.56
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses IA-1 0.00 88,586,273.23 9,275,672.00 0.00 IA-IO 0.00 0.00 67,403.74 0.00 IIA-1 0.00 76,410,846.89 13,490,336.94 0.00 IIA-IO 0.00 0.00 74,077.94 0.00 IIIA-1 0.00 251,514,835.08 16,054,633.16 0.00 IIIA-IO 0.00 0.00 214,872.78 0.00 M1 0.00 6,549,699.07 34,040.71 0.00 M2 0.00 3,040,930.86 15,804.60 0.00 M3 0.00 1,871,341.45 9,725.91 0.00 B1 0.00 935,669.73 4,862.95 0.00 B2 0.00 935,669.73 4,862.95 0.00 B3 0.00 1,169,601.06 6,078.76 0.00 RI 0.00 0.00 0.00 0.00 RII 0.00 0.00 0.00 0.00 RIII 0.00 0.00 0.00 0.00 Totals 0.00 431,014,867.10 39,252,372.44 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) IA-1 97,508,477.00 97,508,477.00 70,139.15 8,852,064.62 0.00 0.00 IA-IO 0.00 0.00 0.00 0.00 0.00 0.00 IIA-1 89,580,932.00 89,580,932.00 98,138.18 13,071,946.93 0.00 0.00 IIA-IO 0.00 0.00 0.00 0.00 0.00 0.00 IIIA-1 266,490,183.00 266,490,183.00 78,466.65 14,896,881.27 0.00 0.00 IIIA-IO 0.00 0.00 0.00 0.00 0.00 0.00 M1 6,553,264.00 6,553,264.00 3,564.93 0.00 0.00 0.00 M2 3,042,586.00 3,042,586.00 1,655.14 0.00 0.00 0.00 M3 1,872,360.00 1,872,360.00 1,018.55 0.00 0.00 0.00 B1 936,179.00 936,179.00 509.27 0.00 0.00 0.00 B2 936,179.00 936,179.00 509.27 0.00 0.00 0.00 B3 1,170,237.66 1,170,237.66 636.60 0.00 0.00 0.00 RI 0.00 0.00 0.00 0.00 0.00 0.00 RII 0.00 0.00 0.00 0.00 0.00 0.00 RIII 0.00 0.00 0.00 0.00 0.00 0.00 Totals 468,090,397.66 468,090,397.66 254,637.74 36,820,892.82 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 IA-1 8,922,203.77 88,586,273.23 0.90849817 8,922,203.77 IA-IO 0.00 0.00 0.00000000 0.00 IIA-1 13,170,085.11 76,410,846.89 0.85298116 13,170,085.11 IIA-IO 0.00 0.00 0.00000000 0.00 IIIA-1 14,975,347.92 251,514,835.08 0.94380525 14,975,347.92 IIIA-IO 0.00 0.00 0.00000000 0.00 M1 3,564.93 6,549,699.07 0.99945601 3,564.93 M2 1,655.14 3,040,930.86 0.99945601 1,655.14 M3 1,018.55 1,871,341.45 0.99945601 1,018.55 B1 509.27 935,669.73 0.99945601 509.27 B2 509.27 935,669.73 0.99945601 509.27 B3 636.60 1,169,601.06 0.99945601 636.60 RI 0.00 0.00 0.00000000 0.00 RII 0.00 0.00 0.00000000 0.00 RIII 0.00 0.00 0.00000000 0.00 Totals 37,075,530.56 431,014,867.10 0.92079408 37,075,530.56
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion IA-1 97,508,477.00 1000.00000000 0.71931336 90.78251340 0.00000000 IA-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 IIA-1 89,580,932.00 1000.00000000 1.09552533 145.92331915 0.00000000 IIA-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 IIIA-1 266,490,183.00 1000.00000000 0.29444481 55.90030035 0.00000000 IIIA-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 6,553,264.00 1000.00000000 0.54399304 0.00000000 0.00000000 M2 3,042,586.00 1000.00000000 0.54399120 0.00000000 0.00000000 M3 1,872,360.00 1000.00000000 0.54399261 0.00000000 0.00000000 B1 936,179.00 1000.00000000 0.54398785 0.00000000 0.00000000 B2 936,179.00 1000.00000000 0.54398785 0.00000000 0.00000000 B3 1,170,237.66 1000.00000000 0.54399206 0.00000000 0.00000000 RI 0.00 0.00000000 0.00000000 0.00000000 0.00000000 RII 0.00 0.00000000 0.00000000 0.00000000 0.00000000 RIII 0.00 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 IA-1 0.00000000 91.50182676 908.49817324 0.90849817 91.50182676 IA-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 IIA-1 0.00000000 147.01884448 852.98115552 0.85298116 147.01884448 IIA-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 IIIA-1 0.00000000 56.19474516 943.80525484 0.94380525 56.19474516 IIIA-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M1 0.00000000 0.54399304 999.45600696 0.99945601 0.54399304 M2 0.00000000 0.54399120 999.45600880 0.99945601 0.54399120 M3 0.00000000 0.54399261 999.45600739 0.99945601 0.54399261 B1 0.00000000 0.54398785 999.45601215 0.99945601 0.54398785 B2 0.00000000 0.54398785 999.45601215 0.99945601 0.54398785 B3 0.00000000 0.54399206 999.45600794 0.99945601 0.54399206 RI 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 RII 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 RIII 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 IA-1 97,508,477.00 4.35000% 97,508,477.00 353,468.23 0.00 0.00 IA-IO 0.00 0.82951% 97,508,477.00 67,403.74 0.00 0.00 IIA-1 89,580,932.00 4.29000% 89,580,932.00 320,251.83 0.00 0.00 IIA-IO 0.00 0.99233% 89,580,932.00 74,077.94 0.00 0.00 IIIA-1 266,490,183.00 4.86000% 266,490,183.00 1,079,285.24 0.00 0.00 IIIA-IO 0.00 0.96757% 266,490,183.00 214,872.78 0.00 0.00 M1 6,553,264.00 5.58057% 6,553,264.00 30,475.78 0.00 0.00 M2 3,042,586.00 5.58057% 3,042,586.00 14,149.46 0.00 0.00 M3 1,872,360.00 5.58057% 1,872,360.00 8,707.36 0.00 0.00 B1 936,179.00 5.58057% 936,179.00 4,353.68 0.00 0.00 B2 936,179.00 5.58057% 936,179.00 4,353.68 0.00 0.00 B3 1,170,237.66 5.58057% 1,170,237.66 5,442.16 0.00 0.00 RI 0.00 0.00000% 0.00 0.00 0.00 0.00 RII 0.00 0.00000% 0.00 0.00 0.00 0.00 RIII 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 468,090,397.66 2,176,841.88 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 IA-1 0.00 0.00 353,468.23 0.00 88,586,273.23 IA-IO 0.00 0.00 67,403.74 0.00 88,586,273.23 IIA-1 0.00 0.00 320,251.83 0.00 76,410,846.89 IIA-IO 0.00 0.00 74,077.94 0.00 76,410,846.89 IIIA-1 0.00 0.00 1,079,285.24 0.00 251,514,835.08 IIIA-IO 0.00 0.00 214,872.78 0.00 251,514,835.08 M1 0.00 0.00 30,475.78 0.00 6,549,699.07 M2 0.00 0.00 14,149.46 0.00 3,040,930.86 M3 0.00 0.00 8,707.36 0.00 1,871,341.45 B1 0.00 0.00 4,353.68 0.00 935,669.73 B2 0.00 0.00 4,353.68 0.00 935,669.73 B3 0.00 0.00 5,442.16 0.00 1,169,601.06 RI 0.00 0.00 0.00 0.00 0.00 RII 0.00 0.00 0.00 0.00 0.00 RIII 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,176,841.88 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 IA-1 97,508,477.00 4.35000% 1000.00000000 3.62500001 0.00000000 0.00000000 IA-IO 0.00 0.82951% 1000.00000000 0.69126031 0.00000000 0.00000000 IIA-1 89,580,932.00 4.29000% 1000.00000000 3.57499998 0.00000000 0.00000000 IIA-IO 0.00 0.99233% 1000.00000000 0.82693871 0.00000000 0.00000000 IIIA-1 266,490,183.00 4.86000% 1000.00000000 4.05000000 0.00000000 0.00000000 IIIA-IO 0.00 0.96757% 1000.00000000 0.80630655 0.00000000 0.00000000 M1 6,553,264.00 5.58057% 1000.00000000 4.65047341 0.00000000 0.00000000 M2 3,042,586.00 5.58057% 1000.00000000 4.65047167 0.00000000 0.00000000 M3 1,872,360.00 5.58057% 1000.00000000 4.65047320 0.00000000 0.00000000 B1 936,179.00 5.58057% 1000.00000000 4.65047817 0.00000000 0.00000000 B2 936,179.00 5.58057% 1000.00000000 4.65047817 0.00000000 0.00000000 B3 1,170,237.66 5.58057% 1000.00000000 4.65047416 0.00000000 0.00000000 RI 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 RII 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 RIII 0.00 0.00000% 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 IA-1 0.00000000 0.00000000 3.62500001 0.00000000 908.49817324 IA-IO 0.00000000 0.00000000 0.69126031 0.00000000 908.49817324 IIA-1 0.00000000 0.00000000 3.57499998 0.00000000 852.98115552 IIA-IO 0.00000000 0.00000000 0.82693871 0.00000000 852.98115552 IIIA-1 0.00000000 0.00000000 4.05000000 0.00000000 943.80525484 IIIA-IO 0.00000000 0.00000000 0.80630655 0.00000000 943.80525484 M1 0.00000000 0.00000000 4.65047341 0.00000000 999.45600696 M2 0.00000000 0.00000000 4.65047167 0.00000000 999.45600880 M3 0.00000000 0.00000000 4.65047320 0.00000000 999.45600739 B1 0.00000000 0.00000000 4.65047817 0.00000000 999.45601215 B2 0.00000000 0.00000000 4.65047817 0.00000000 999.45601215 B3 0.00000000 0.00000000 4.65047416 0.00000000 999.45600794 RI 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 RII 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 RIII 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 39,350,042.98 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 10,944.09 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 39,360,987.07 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 108,614.63 Payment of Interest and Principal 39,252,372.44 Total Withdrawals (Pool Distribution Amount) 39,360,987.07 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 108,614.63 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 108,614.63
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 4 0 0 0 4 1,956,587.17 0.00 0.00 0.00 1,956,587.17 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 4 0 0 0 4 1,956,587.17 0.00 0.00 0.00 1,956,587.17 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 0.401204% 0.000000% 0.000000% 0.000000% 0.401204% 0.453748% 0.000000% 0.000000% 0.000000% 0.453748% 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 0.401204% 0.000000% 0.000000% 0.000000% 0.401204% 0.453748% 0.000000% 0.000000% 0.000000% 0.453748%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I 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 II 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 4 0 0 0 4 1,956,587.17 0.00 0.00 0.00 1,956,587.17 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 4 0 0 0 4 1,956,587.17 0.00 0.00 0.00 1,956,587.17 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.409639% 0.000000% 0.000000% 0.000000% 2.409639% 2.465729% 0.000000% 0.000000% 0.000000% 2.465729% 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 2.409639% 0.000000% 0.000000% 0.000000% 2.409639% 2.465729% 0.000000% 0.000000% 0.000000% 2.465729% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group III 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%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 10,944.09
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 370,581,920.66 79.16887903% 342,428,593.87 79.44704928% 96.635171% 0.000000% Class 2A1 281,000,988.66 60.03135080% 266,017,746.98 61.71892603% 17.728123% 526.865552% Class R-I 14,510,805.66 3.10000071% 14,502,911.90 3.36482869% 0.000000% 0.000000% Class R-II 14,510,805.66 3.10000071% 14,502,911.90 3.36482869% 0.000000% 0.000000% Class R-III 14,510,805.66 3.10000071% 14,502,911.90 3.36482869% 0.000000% 0.000000% Class M-1 7,957,541.66 1.70000105% 7,953,212.83 1.84522935% 1.519599% 45.161269% Class M-2 4,914,955.66 1.05000139% 4,912,281.97 1.13970128% 0.705528% 20.967726% Class M-3 3,042,595.66 0.65000173% 3,040,940.52 0.70553031% 0.434171% 12.903212% Class B-1 2,106,416.66 0.45000211% 2,105,270.79 0.48844505% 0.217085% 6.451599% Class B-2 1,170,237.66 0.25000249% 1,169,601.06 0.27135980% 0.217085% 6.451599% Class B-3 0.00 0.00000000% 0.00 0.00000000% 0.271360% 8.064595% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 134,248.00 0.02867993% 134,248.00 0.03114695% Fraud 9,361,807.95 2.00000000% 9,361,807.95 2.17203829% Special Hazard 8,644,373.71 1.84673169% 8,644,373.71 2.00558597% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 5.859013% Weighted Average Net Coupon 5.580567% Weighted Average Pass-Through Rate 5.580567% Weighted Average Maturity(Stepdown Calculation ) 359 Beginning Scheduled Collateral Loan Count 1,076 Number Of Loans Paid In Full 79 Ending Scheduled Collateral Loan Count 997 Beginning Scheduled Collateral Balance 468,090,397.66 Ending Scheduled Collateral Balance 431,014,867.09 Ending Actual Collateral Balance at 30-Nov-2002 431,205,387.29 Monthly P &I Constant 2,540,094.04 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 39,176,996.55 Ending Scheduled Balance for Premium Loans 431,014,867.09 Scheduled Principal 254,637.75 Unscheduled Principal 36,820,892.82
Miscellaneous Reporting Group I Available Funds 9,358,784.04 Group II Available Funds 13,580,169.80 Group III Available Funds 16,313,418.60
Group Level Collateral Statement Group Group I Group II Group III Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 5.433128 5.643174 6.087398 Weighted Average Net Rate 5.179512 5.282326 5.827568 Weighted Average Maturity 359 359 359 Beginning Loan Count 240 190 646 Loans Paid In Full 21 24 34 Ending Loan Count 219 166 612 Beginning Scheduled Balance 100,627,944.57 92,446,783.98 275,015,669.11 Ending scheduled Balance 91,703,496.93 79,273,559.26 260,037,810.90 Record Date 11/30/2002 11/30/2002 11/30/2002 Principal And Interest Constant 527,986.79 536,022.20 1,476,085.05 Scheduled Principal 72,383.02 101,277.79 80,976.94 Unscheduled Principal 8,852,064.62 13,071,946.93 14,896,881.27 Scheduled Interest 455,603.77 434,744.41 1,395,108.11 Servicing Fees 21,267.38 27,799.33 59,547.70 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 434,336.39 406,945.08 1,335,560.41 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 5.179512 5.282326 5.827568
Group Level Collateral Statement Group Total Collateral Description Fixed & Mixed ARM Weighted Average Coupon Rate 5.859013 Weighted Average Net Rate 5.580567 Weighted Average Maturity 359 Beginning Loan Count 1,076 Loans Paid In Full 79 Ending Loan Count 997 Beginning Scheduled Balance 468,090,397.66 Ending scheduled Balance 431,014,867.09 Record Date 11/30/2002 Principal And Interest Constant 2,540,094.04 Scheduled Principal 254,637.75 Unscheduled Principal 36,820,892.82 Scheduled Interest 2,285,456.29 Servicing Fees 108,614.41 Master Servicing Fees 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 2,176,841.88 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.00 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 5.580567
-----END PRIVACY-ENHANCED MESSAGE-----