-----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, V6Z4hjydYr9iL+/QFNU+POXdS609wUzMuV2Mx7/lu7WiI7Quj/+5UziJaUmw+Lqx DbC0z3Ibj2bH0K5EY23IKA== 0001056404-03-000679.txt : 20030409 0001056404-03-000679.hdr.sgml : 20030409 20030409140651 ACCESSION NUMBER: 0001056404-03-000679 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030325 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO MORTGAGE BACKED SECURITIES 2003-1 TRUST CENTRAL INDEX KEY: 0001220665 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: 333-98129-13 FILM NUMBER: 03643853 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 8-K 1 wfm03001.txt MARCH 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): March 25, 2003 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-98129-13 Pending 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 March 25, 2003 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2003-1 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 Pass-Through Certificates, Series 2003-1 Trust, relating to the March 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-1 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: 4/2/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-1 Trust, relating to the March 25, 2003 distribution.
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 2/28/03 Distribution Date: 3/25/03 WFMBS Series: 2003-1 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-P 94980HBD0 PO 0.00000% 632,910.08 0.00 2,130.25 I-A-1 94980HAA7 SEQ 4.50000% 40,000,000.00 149,948.50 1,034,092.79 I-A-2 94980HAB5 SEQ 4.50000% 1,000,000.00 3,748.71 25,852.32 I-A-3 94980HAC3 SEQ 4.75000% 10,000,000.00 39,571.83 258,523.20 I-A-4 94980HAD1 SEQ 5.00000% 103,641,000.00 431,712.05 2,679,360.28 I-A-5 94980HAE9 SEQ 5.25000% 92,000,000.00 402,383.07 2,378,413.42 I-A-6 94980HAF6 SEQ 4.50000% 105,000,000.00 393,635.61 3,353,546.67 I-A-7 94980HAG4 SEQ 5.00000% 51,120,858.00 212,941.70 1,632,725.55 I-A-8 94980HAH2 SEQ 8.50000% 43,520,142.00 308,178.12 1,389,969.78 I-A-9 94980HAJ8 SEQ 5.50000% 22,000,000.00 100,804.04 0.00 I-A-10 94980HAK5 SEQ 5.50000% 25,000,000.00 114,550.05 0.00 A-R 94980HAL3 RES 5.25000% 50.00 0.22 50.00 A-LR 94980HAM1 RES 5.25000% 50.00 1,697.87 50.00 I-B-1 94980HAX7 SUB 5.25000% 3,502,000.00 15,316.74 12,280.96 I-B-2 94980HAY5 SUB 5.25000% 1,001,000.00 4,378.09 3,510.35 I-B-3 94980HAZ2 SUB 5.25000% 750,000.00 3,280.28 2,630.13 I-B-4 94980HBE8 SUB 5.25000% 500,000.00 2,186.86 1,753.42 I-B-5 94980HBF5 SUB 5.25000% 250,000.00 1,093.43 876.71 I-B-6 94980HBG3 SUB 5.25000% 500,503.71 2,189.06 1,755.19 II-A-1 94980HAN9 SEQ 5.00000% 209,638,000.00 873,491.67 5,872,256.03 II-A-2 94980HAP4 SEQ 5.75000% 25,000,000.00 119,791.67 700,285.26 II-A-3 94980HAQ2 SEQ 8.50000% 10,000,000.00 70,833.33 280,114.10 II-A-4 94980HAR0 SEQ 1.84000% 47,174,000.00 72,333.47 1,321,410.27 II-A-5 94980HAS8 SEQ 6.66000% 0.00 261,815.70 0.00 II-A-6 94980HAT6 SEQ 5.75000% 17,500,000.00 83,854.17 97,644.58 II-A-7 94980HAU3 SEQ 5.75000% 20,345,000.00 97,486.46 0.00 II-A-8 94980HAV1 SEQ 5.75000% 20,378,000.00 97,644.58 (97,644.58) II-A-9 94980HAW9 SEQ 5.75000% 40,000,000.00 191,666.67 0.00 II-B-1 94980HBA6 SUB 5.75000% 6,802,000.00 32,592.92 6,554.78 II-B-2 94980HBB4 SUB 5.75000% 1,200,000.00 5,750.00 1,156.39 II-B-3 94980HBC2 SUB 5.75000% 401,000.00 1,921.46 386.43 II-B-4 94980HBH1 SUB 5.75000% 400,000.00 1,916.67 385.46 II-B-5 94980HBJ7 SUB 5.75000% 600,000.00 2,875.00 578.19 II-B-6 94980HBK4 SUB 5.75000% 600,740.29 2,878.55 578.90 Totals 900,457,254.08 4,104,468.55 20,961,226.83
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-P 0.00 630,779.83 2,130.25 0.00 I-A-1 0.00 38,965,907.21 1,184,041.29 0.00 I-A-2 0.00 974,147.68 29,601.03 0.00 I-A-3 0.00 9,741,476.80 298,095.03 0.00 I-A-4 0.00 100,961,639.72 3,111,072.33 0.00 I-A-5 0.00 89,621,586.58 2,780,796.49 0.00 I-A-6 0.00 101,646,453.33 3,747,182.28 0.00 I-A-7 0.00 49,488,132.45 1,845,667.25 0.00 I-A-8 0.00 42,130,172.22 1,698,147.90 0.00 I-A-9 0.00 22,000,000.00 100,804.04 0.00 I-A-10 0.00 25,000,000.00 114,550.05 0.00 A-R 0.00 0.00 50.22 0.00 A-LR 0.00 0.00 1,747.87 0.00 I-B-1 0.00 3,489,719.04 27,597.70 0.00 I-B-2 0.00 997,489.65 7,888.44 0.00 I-B-3 0.00 747,369.87 5,910.41 0.00 I-B-4 0.00 498,246.58 3,940.28 0.00 I-B-5 0.00 249,123.29 1,970.14 0.00 I-B-6 0.00 498,748.52 3,944.25 0.00 II-A-1 0.00 203,765,743.97 6,745,747.70 0.00 II-A-2 0.00 24,299,714.74 820,076.93 0.00 II-A-3 0.00 9,719,885.90 350,947.43 0.00 II-A-4 0.00 45,852,589.73 1,393,743.74 0.00 II-A-5 0.00 0.00 261,815.70 0.00 II-A-6 0.00 17,402,355.42 181,498.75 0.00 II-A-7 0.00 20,345,000.00 97,486.46 0.00 II-A-8 0.00 20,475,644.58 0.00 0.00 II-A-9 0.00 40,000,000.00 191,666.67 0.00 II-B-1 0.00 6,795,445.22 39,147.70 0.00 II-B-2 0.00 1,198,843.61 6,906.39 0.00 II-B-3 0.00 400,613.57 2,307.89 0.00 II-B-4 0.00 399,614.54 2,302.13 0.00 II-B-5 0.00 599,421.81 3,453.19 0.00 II-B-6 0.00 600,161.39 3,457.45 0.00 Totals 0.00 879,496,027.25 25,065,695.38 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-P 632,910.08 632,910.08 2,023.49 106.76 0.00 0.00 I-A-1 40,000,000.00 40,000,000.00 140,272.57 893,820.22 0.00 0.00 I-A-2 1,000,000.00 1,000,000.00 3,506.81 22,345.51 0.00 0.00 I-A-3 10,000,000.00 10,000,000.00 35,068.14 223,455.05 0.00 0.00 I-A-4 103,641,000.00 103,641,000.00 363,449.74 2,315,910.53 0.00 0.00 I-A-5 92,000,000.00 92,000,000.00 322,626.92 2,055,786.50 0.00 0.00 I-A-6 105,000,000.00 105,000,000.00 454,901.75 2,898,644.92 0.00 0.00 I-A-7 51,120,858.00 51,120,858.00 221,475.88 1,411,249.67 0.00 0.00 I-A-8 43,520,142.00 43,520,142.00 188,546.56 1,201,423.22 0.00 0.00 I-A-9 22,000,000.00 22,000,000.00 0.00 0.00 0.00 0.00 I-A-10 25,000,000.00 25,000,000.00 0.00 0.00 0.00 0.00 A-R 50.00 50.00 6.78 43.22 0.00 0.00 A-LR 50.00 50.00 6.78 43.22 0.00 0.00 I-B-1 3,502,000.00 3,502,000.00 12,280.96 0.00 0.00 0.00 I-B-2 1,001,000.00 1,001,000.00 3,510.35 0.00 0.00 0.00 I-B-3 750,000.00 750,000.00 2,630.13 0.00 0.00 0.00 I-B-4 500,000.00 500,000.00 1,753.42 0.00 0.00 0.00 I-B-5 250,000.00 250,000.00 876.71 0.00 0.00 0.00 I-B-6 500,503.71 500,503.71 1,755.19 0.00 0.00 0.00 II-A-1 209,638,000.00 209,638,000.00 270,017.67 5,602,238.36 0.00 0.00 II-A-2 25,000,000.00 25,000,000.00 32,200.47 668,084.79 0.00 0.00 II-A-3 10,000,000.00 10,000,000.00 12,880.19 267,233.92 0.00 0.00 II-A-4 47,174,000.00 47,174,000.00 60,760.99 1,260,649.27 0.00 0.00 II-A-5 0.00 0.00 0.00 0.00 0.00 0.00 II-A-6 17,500,000.00 17,500,000.00 4,489.89 93,154.70 0.00 0.00 II-A-7 20,345,000.00 20,345,000.00 0.00 0.00 0.00 0.00 II-A-8 20,378,000.00 20,378,000.00 0.00 0.00 (97,644.58) 0.00 II-A-9 40,000,000.00 40,000,000.00 0.00 0.00 0.00 0.00 II-B-1 6,802,000.00 6,802,000.00 6,554.78 0.00 0.00 0.00 II-B-2 1,200,000.00 1,200,000.00 1,156.39 0.00 0.00 0.00 II-B-3 401,000.00 401,000.00 386.43 0.00 0.00 0.00 II-B-4 400,000.00 400,000.00 385.46 0.00 0.00 0.00 II-B-5 600,000.00 600,000.00 578.19 0.00 0.00 0.00 II-B-6 600,740.29 600,740.29 578.90 0.00 0.00 0.00 Totals 900,457,254.08 900,457,254.08 2,144,681.54 18,914,189.86 (97,644.58) 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-P 2,130.25 630,779.83 0.99663420 2,130.25 I-A-1 1,034,092.79 38,965,907.21 0.97414768 1,034,092.79 I-A-2 25,852.32 974,147.68 0.97414768 25,852.32 I-A-3 258,523.20 9,741,476.80 0.97414768 258,523.20 I-A-4 2,679,360.28 100,961,639.72 0.97414768 2,679,360.28 I-A-5 2,378,413.42 89,621,586.58 0.97414768 2,378,413.42 I-A-6 3,353,546.67 101,646,453.33 0.96806146 3,353,546.67 I-A-7 1,632,725.55 49,488,132.45 0.96806146 1,632,725.55 I-A-8 1,389,969.78 42,130,172.22 0.96806146 1,389,969.78 I-A-9 0.00 22,000,000.00 1.00000000 0.00 I-A-10 0.00 25,000,000.00 1.00000000 0.00 A-R 50.00 0.00 0.00000000 50.00 A-LR 50.00 0.00 0.00000000 50.00 I-B-1 12,280.96 3,489,719.04 0.99649316 12,280.96 I-B-2 3,510.35 997,489.65 0.99649316 3,510.35 I-B-3 2,630.13 747,369.87 0.99649316 2,630.13 I-B-4 1,753.42 498,246.58 0.99649316 1,753.42 I-B-5 876.71 249,123.29 0.99649316 876.71 I-B-6 1,755.19 498,748.52 0.99649315 1,755.19 II-A-1 5,872,256.03 203,765,743.97 0.97198859 5,872,256.03 II-A-2 700,285.26 24,299,714.74 0.97198859 700,285.26 II-A-3 280,114.10 9,719,885.90 0.97198859 280,114.10 II-A-4 1,321,410.27 45,852,589.73 0.97198859 1,321,410.27 II-A-5 0.00 0.00 0.00000000 0.00 II-A-6 97,644.58 17,402,355.42 0.99442031 97,644.58 II-A-7 0.00 20,345,000.00 1.00000000 0.00 II-A-8 (97,644.58) 20,475,644.58 1.00479167 (97,644.58) II-A-9 0.00 40,000,000.00 1.00000000 0.00 II-B-1 6,554.78 6,795,445.22 0.99903635 6,554.78 II-B-2 1,156.39 1,198,843.61 0.99903634 1,156.39 II-B-3 386.43 400,613.57 0.99903633 386.43 II-B-4 385.46 399,614.54 0.99903635 385.46 II-B-5 578.19 599,421.81 0.99903635 578.19 II-B-6 578.90 600,161.39 0.99903636 578.90 Totals 20,961,226.83 879,496,027.25 0.97672157 20,961,226.83
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-P 632,910.08 1000.00000000 3.19712083 0.16868115 0.00000000 I-A-1 40,000,000.00 1000.00000000 3.50681425 22.34550550 0.00000000 I-A-2 1,000,000.00 1000.00000000 3.50681000 22.34551000 0.00000000 I-A-3 10,000,000.00 1000.00000000 3.50681400 22.34550500 0.00000000 I-A-4 103,641,000.00 1000.00000000 3.50681429 22.34550545 0.00000000 I-A-5 92,000,000.00 1000.00000000 3.50681435 22.34550543 0.00000000 I-A-6 105,000,000.00 1000.00000000 4.33239762 27.60614210 0.00000000 I-A-7 51,120,858.00 1000.00000000 4.33239755 27.60614210 0.00000000 I-A-8 43,520,142.00 1000.00000000 4.33239763 27.60614200 0.00000000 I-A-9 22,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-10 25,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-R 50.00 1000.00000000 135.60000000 864.40000000 0.00000000 A-LR 50.00 1000.00000000 135.60000000 864.40000000 0.00000000 I-B-1 3,502,000.00 1000.00000000 3.50684180 0.00000000 0.00000000 I-B-2 1,001,000.00 1000.00000000 3.50684316 0.00000000 0.00000000 I-B-3 750,000.00 1000.00000000 3.50684000 0.00000000 0.00000000 I-B-4 500,000.00 1000.00000000 3.50684000 0.00000000 0.00000000 I-B-5 250,000.00 1000.00000000 3.50684000 0.00000000 0.00000000 I-B-6 500,503.71 1000.00000000 3.50684713 0.00000000 0.00000000 II-A-1 209,638,000.00 1000.00000000 1.28801873 26.72339156 0.00000000 II-A-2 25,000,000.00 1000.00000000 1.28801880 26.72339160 0.00000000 II-A-3 10,000,000.00 1000.00000000 1.28801900 26.72339200 0.00000000 II-A-4 47,174,000.00 1000.00000000 1.28801861 26.72339149 0.00000000 II-A-5 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-6 17,500,000.00 1000.00000000 0.25656514 5.32312571 0.00000000 II-A-7 20,345,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-8 20,378,000.00 1000.00000000 0.00000000 0.00000000 (4.79166650) II-A-9 40,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-B-1 6,802,000.00 1000.00000000 0.96365481 0.00000000 0.00000000 II-B-2 1,200,000.00 1000.00000000 0.96365833 0.00000000 0.00000000 II-B-3 401,000.00 1000.00000000 0.96366584 0.00000000 0.00000000 II-B-4 400,000.00 1000.00000000 0.96365000 0.00000000 0.00000000 II-B-5 600,000.00 1000.00000000 0.96365000 0.00000000 0.00000000 II-B-6 600,740.29 1000.00000000 0.96364437 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-P 0.00000000 3.36580198 996.63419802 0.99663420 3.36580198 I-A-1 0.00000000 25.85231975 974.14768025 0.97414768 25.85231975 I-A-2 0.00000000 25.85232000 974.14768000 0.97414768 25.85232000 I-A-3 0.00000000 25.85232000 974.14768000 0.97414768 25.85232000 I-A-4 0.00000000 25.85231983 974.14768017 0.97414768 25.85231983 I-A-5 0.00000000 25.85231978 974.14768022 0.97414768 25.85231978 I-A-6 0.00000000 31.93853971 968.06146029 0.96806146 31.93853971 I-A-7 0.00000000 31.93853965 968.06146035 0.96806146 31.93853965 I-A-8 0.00000000 31.93853963 968.06146037 0.96806146 31.93853963 I-A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-R 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 A-LR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 I-B-1 0.00000000 3.50684180 996.49315820 0.99649316 3.50684180 I-B-2 0.00000000 3.50684316 996.49315684 0.99649316 3.50684316 I-B-3 0.00000000 3.50684000 996.49316000 0.99649316 3.50684000 I-B-4 0.00000000 3.50684000 996.49316000 0.99649316 3.50684000 I-B-5 0.00000000 3.50684000 996.49316000 0.99649316 3.50684000 I-B-6 0.00000000 3.50684713 996.49315287 0.99649315 3.50684713 II-A-1 0.00000000 28.01141029 971.98858971 0.97198859 28.01141029 II-A-2 0.00000000 28.01141040 971.98858960 0.97198859 28.01141040 II-A-3 0.00000000 28.01141000 971.98859000 0.97198859 28.01141000 II-A-4 0.00000000 28.01141031 971.98858969 0.97198859 28.01141031 II-A-5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-6 0.00000000 5.57969029 994.42030971 0.99442031 5.57969029 II-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-8 0.00000000 (4.79166650) 1,004.79166650 1.00479167 (4.79166650) II-A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-B-1 0.00000000 0.96365481 999.03634519 0.99903635 0.96365481 II-B-2 0.00000000 0.96365833 999.03634167 0.99903634 0.96365833 II-B-3 0.00000000 0.96366584 999.03633416 0.99903633 0.96366584 II-B-4 0.00000000 0.96365000 999.03635000 0.99903635 0.96365000 II-B-5 0.00000000 0.96365000 999.03635000 0.99903635 0.96365000 II-B-6 0.00000000 0.96364437 999.03635563 0.99903636 0.96364437 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, 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-P 632,910.08 0.00000% 632,910.08 0.00 0.00 0.00 I-A-1 40,000,000.00 4.50000% 40,000,000.00 150,000.00 0.00 0.00 I-A-2 1,000,000.00 4.50000% 1,000,000.00 3,750.00 0.00 0.00 I-A-3 10,000,000.00 4.75000% 10,000,000.00 39,583.33 0.00 0.00 I-A-4 103,641,000.00 5.00000% 103,641,000.00 431,837.50 0.00 0.00 I-A-5 92,000,000.00 5.25000% 92,000,000.00 402,500.00 0.00 0.00 I-A-6 105,000,000.00 4.50000% 105,000,000.00 393,750.00 0.00 0.00 I-A-7 51,120,858.00 5.00000% 51,120,858.00 213,003.58 0.00 0.00 I-A-8 43,520,142.00 8.50000% 43,520,142.00 308,267.67 0.00 0.00 I-A-9 22,000,000.00 5.50000% 22,000,000.00 100,833.33 0.00 0.00 I-A-10 25,000,000.00 5.50000% 25,000,000.00 114,583.33 0.00 0.00 A-R 50.00 5.25000% 50.00 0.22 0.00 0.00 A-LR 50.00 5.25000% 50.00 0.22 0.00 0.00 I-B-1 3,502,000.00 5.25000% 3,502,000.00 15,321.25 0.00 0.00 I-B-2 1,001,000.00 5.25000% 1,001,000.00 4,379.38 0.00 0.00 I-B-3 750,000.00 5.25000% 750,000.00 3,281.25 0.00 0.00 I-B-4 500,000.00 5.25000% 500,000.00 2,187.50 0.00 0.00 I-B-5 250,000.00 5.25000% 250,000.00 1,093.75 0.00 0.00 I-B-6 500,503.71 5.25000% 500,503.71 2,189.70 0.00 0.00 II-A-1 209,638,000.00 5.00000% 209,638,000.00 873,491.67 0.00 0.00 II-A-2 25,000,000.00 5.75000% 25,000,000.00 119,791.67 0.00 0.00 II-A-3 10,000,000.00 8.50000% 10,000,000.00 70,833.33 0.00 0.00 II-A-4 47,174,000.00 1.84000% 47,174,000.00 72,333.47 0.00 0.00 II-A-5 0.00 6.66000% 47,174,000.00 261,815.70 0.00 0.00 II-A-6 17,500,000.00 5.75000% 17,500,000.00 83,854.17 0.00 0.00 II-A-7 20,345,000.00 5.75000% 20,345,000.00 97,486.46 0.00 0.00 II-A-8 20,378,000.00 5.75000% 20,378,000.00 97,644.58 0.00 0.00 II-A-9 40,000,000.00 5.75000% 40,000,000.00 191,666.67 0.00 0.00 II-B-1 6,802,000.00 5.75000% 6,802,000.00 32,592.92 0.00 0.00 II-B-2 1,200,000.00 5.75000% 1,200,000.00 5,750.00 0.00 0.00 II-B-3 401,000.00 5.75000% 401,000.00 1,921.46 0.00 0.00 II-B-4 400,000.00 5.75000% 400,000.00 1,916.67 0.00 0.00 II-B-5 600,000.00 5.75000% 600,000.00 2,875.00 0.00 0.00 II-B-6 600,740.29 5.75000% 600,740.29 2,878.55 0.00 0.00 Totals 900,457,254.08 4,103,414.33 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-P 0.00 0.00 0.00 0.00 630,779.83 I-A-1 51.50 0.00 149,948.50 0.00 38,965,907.21 I-A-2 1.29 0.00 3,748.71 0.00 974,147.68 I-A-3 11.50 0.00 39,571.83 0.00 9,741,476.80 I-A-4 125.45 0.00 431,712.05 0.00 100,961,639.72 I-A-5 116.93 0.00 402,383.07 0.00 89,621,586.58 I-A-6 114.39 0.00 393,635.61 0.00 101,646,453.33 I-A-7 61.88 0.00 212,941.70 0.00 49,488,132.45 I-A-8 89.55 0.00 308,178.12 0.00 42,130,172.22 I-A-9 29.29 0.00 100,804.04 0.00 22,000,000.00 I-A-10 33.29 0.00 114,550.05 0.00 25,000,000.00 A-R 0.00 0.00 0.22 0.00 0.00 A-LR 0.00 0.00 1,697.87 0.00 0.00 I-B-1 4.51 0.00 15,316.74 0.00 3,489,719.04 I-B-2 1.29 0.00 4,378.09 0.00 997,489.65 I-B-3 0.97 0.00 3,280.28 0.00 747,369.87 I-B-4 0.64 0.00 2,186.86 0.00 498,246.58 I-B-5 0.32 0.00 1,093.43 0.00 249,123.29 I-B-6 0.64 0.00 2,189.06 0.00 498,748.52 II-A-1 0.00 0.00 873,491.67 0.00 203,765,743.97 II-A-2 0.00 0.00 119,791.67 0.00 24,299,714.74 II-A-3 0.00 0.00 70,833.33 0.00 9,719,885.90 II-A-4 0.00 0.00 72,333.47 0.00 45,852,589.73 II-A-5 0.00 0.00 261,815.70 0.00 45,852,589.73 II-A-6 0.00 0.00 83,854.17 0.00 17,402,355.42 II-A-7 0.00 0.00 97,486.46 0.00 20,345,000.00 II-A-8 0.00 0.00 97,644.58 0.00 20,475,644.58 II-A-9 0.00 0.00 191,666.67 0.00 40,000,000.00 II-B-1 0.00 0.00 32,592.92 0.00 6,795,445.22 II-B-2 0.00 0.00 5,750.00 0.00 1,198,843.61 II-B-3 0.00 0.00 1,921.46 0.00 400,613.57 II-B-4 0.00 0.00 1,916.67 0.00 399,614.54 II-B-5 0.00 0.00 2,875.00 0.00 599,421.81 II-B-6 0.00 0.00 2,878.55 0.00 600,161.39 Totals 643.44 0.00 4,104,468.55 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, 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-P 632,910.08 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-1 40,000,000.00 4.50000% 1000.00000000 3.75000000 0.00000000 0.00000000 I-A-2 1,000,000.00 4.50000% 1000.00000000 3.75000000 0.00000000 0.00000000 I-A-3 10,000,000.00 4.75000% 1000.00000000 3.95833300 0.00000000 0.00000000 I-A-4 103,641,000.00 5.00000% 1000.00000000 4.16666667 0.00000000 0.00000000 I-A-5 92,000,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 I-A-6 105,000,000.00 4.50000% 1000.00000000 3.75000000 0.00000000 0.00000000 I-A-7 51,120,858.00 5.00000% 1000.00000000 4.16666676 0.00000000 0.00000000 I-A-8 43,520,142.00 8.50000% 1000.00000000 7.08333328 0.00000000 0.00000000 I-A-9 22,000,000.00 5.50000% 1000.00000000 4.58333318 0.00000000 0.00000000 I-A-10 25,000,000.00 5.50000% 1000.00000000 4.58333320 0.00000000 0.00000000 A-R 50.00 5.25000% 1000.00000000 4.40000000 0.00000000 0.00000000 A-LR 50.00 5.25000% 1000.00000000 4.40000000 0.00000000 0.00000000 I-B-1 3,502,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 I-B-2 1,001,000.00 5.25000% 1000.00000000 4.37500500 0.00000000 0.00000000 I-B-3 750,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 I-B-4 500,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 I-B-5 250,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 I-B-6 500,503.71 5.25000% 1000.00000000 4.37499255 0.00000000 0.00000000 II-A-1 209,638,000.00 5.00000% 1000.00000000 4.16666668 0.00000000 0.00000000 II-A-2 25,000,000.00 5.75000% 1000.00000000 4.79166680 0.00000000 0.00000000 II-A-3 10,000,000.00 8.50000% 1000.00000000 7.08333300 0.00000000 0.00000000 II-A-4 47,174,000.00 1.84000% 1000.00000000 1.53333340 0.00000000 0.00000000 II-A-5 0.00 6.66000% 1000.00000000 5.55000000 0.00000000 0.00000000 II-A-6 17,500,000.00 5.75000% 1000.00000000 4.79166686 0.00000000 0.00000000 II-A-7 20,345,000.00 5.75000% 1000.00000000 4.79166675 0.00000000 0.00000000 II-A-8 20,378,000.00 5.75000% 1000.00000000 4.79166650 0.00000000 0.00000000 II-A-9 40,000,000.00 5.75000% 1000.00000000 4.79166675 0.00000000 0.00000000 II-B-1 6,802,000.00 5.75000% 1000.00000000 4.79166716 0.00000000 0.00000000 II-B-2 1,200,000.00 5.75000% 1000.00000000 4.79166667 0.00000000 0.00000000 II-B-3 401,000.00 5.75000% 1000.00000000 4.79167082 0.00000000 0.00000000 II-B-4 400,000.00 5.75000% 1000.00000000 4.79167500 0.00000000 0.00000000 II-B-5 600,000.00 5.75000% 1000.00000000 4.79166667 0.00000000 0.00000000 II-B-6 600,740.29 5.75000% 1000.00000000 4.79167129 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-P 0.00000000 0.00000000 0.00000000 0.00000000 996.63419802 I-A-1 0.00128750 0.00000000 3.74871250 0.00000000 974.14768025 I-A-2 0.00129000 0.00000000 3.74871000 0.00000000 974.14768000 I-A-3 0.00115000 0.00000000 3.95718300 0.00000000 974.14768000 I-A-4 0.00121043 0.00000000 4.16545624 0.00000000 974.14768017 I-A-5 0.00127098 0.00000000 4.37372902 0.00000000 974.14768022 I-A-6 0.00108943 0.00000000 3.74891057 0.00000000 968.06146029 I-A-7 0.00121046 0.00000000 4.16545630 0.00000000 968.06146035 I-A-8 0.00205767 0.00000000 7.08127561 0.00000000 968.06146037 I-A-9 0.00133136 0.00000000 4.58200182 0.00000000 1000.00000000 I-A-10 0.00133160 0.00000000 4.58200200 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 4.40000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 33957.40000000 0.00000000 0.00000000 I-B-1 0.00128784 0.00000000 4.37371216 0.00000000 996.49315820 I-B-2 0.00128871 0.00000000 4.37371628 0.00000000 996.49315684 I-B-3 0.00129333 0.00000000 4.37370667 0.00000000 996.49316000 I-B-4 0.00128000 0.00000000 4.37372000 0.00000000 996.49316000 I-B-5 0.00128000 0.00000000 4.37372000 0.00000000 996.49316000 I-B-6 0.00127871 0.00000000 4.37371383 0.00000000 996.49315287 II-A-1 0.00000000 0.00000000 4.16666668 0.00000000 971.98858971 II-A-2 0.00000000 0.00000000 4.79166680 0.00000000 971.98858960 II-A-3 0.00000000 0.00000000 7.08333300 0.00000000 971.98859000 II-A-4 0.00000000 0.00000000 1.53333340 0.00000000 971.98858969 II-A-5 0.00000000 0.00000000 5.55000000 0.00000000 971.98858969 II-A-6 0.00000000 0.00000000 4.79166686 0.00000000 994.42030971 II-A-7 0.00000000 0.00000000 4.79166675 0.00000000 1000.00000000 II-A-8 0.00000000 0.00000000 4.79166650 0.00000000 1004.79166650 II-A-9 0.00000000 0.00000000 4.79166675 0.00000000 1000.00000000 II-B-1 0.00000000 0.00000000 4.79166716 0.00000000 999.03634519 II-B-2 0.00000000 0.00000000 4.79166667 0.00000000 999.03634167 II-B-3 0.00000000 0.00000000 4.79167082 0.00000000 999.03633416 II-B-4 0.00000000 0.00000000 4.79167500 0.00000000 999.03635000 II-B-5 0.00000000 0.00000000 4.79166667 0.00000000 999.03635000 II-B-6 0.00000000 0.00000000 4.79167129 0.00000000 999.03635563 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy, 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 AP-1 0.00000% 0.00 0.00 514,818.89 512,824.73 99.61264825% AP-2 0.00000% 0.00 0.00 118,091.19 117,955.10 99.88475855%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 24,629,689.34 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 607,585.92 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 25,237,275.26 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 179,010.56 Payment of Interest and Principal 25,065,695.36 Total Withdrawals (Pool Distribution Amount) 25,244,705.92 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 14,830.00 Servicing Fee Support 14,186.56 Non-Supported Prepayment/Curtailment Interest Shortfall 643.44
SERVICING FEES Gross Servicing Fee 185,766.46 Master Servicing Fee 7,430.66 Supported Prepayment/Curtailment Interest Shortfall 14,186.56 Net Servicing Fee 179,010.56
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 5 0 0 0 5 2,269,371.63 0.00 0.00 0.00 2,269,371.63 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 5 0 0 0 5 2,269,371.63 0.00 0.00 0.00 2,269,371.63 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 0.272777% 0.000000% 0.000000% 0.000000% 0.272777% 2.618688% 0.000000% 0.000000% 0.000000% 2.618688% 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 0.272777% 0.000000% 0.000000% 0.000000% 0.272777% 2.618688% 0.000000% 0.000000% 0.000000% 2.618688%
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 3 0 0 0 3 1,390,371.63 0.00 0.00 0.00 1,390,371.63 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 1,390,371.63 0.00 0.00 0.00 1,390,371.63 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.291545% 0.000000% 0.000000% 0.000000% 0.291545% 0.285097% 0.000000% 0.000000% 0.000000% 0.285097% 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 0.291545% 0.000000% 0.000000% 0.000000% 0.291545% 0.285097% 0.000000% 0.000000% 0.000000% 0.285097% 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 2 0 0 0 2 879,000.00 0.00 0.00 0.00 879,000.00 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 2 0 0 0 2 879,000.00 0.00 0.00 0.00 879,000.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.248756% 0.000000% 0.000000% 0.000000% 0.248756% 0.223249% 0.000000% 0.000000% 0.000000% 0.223249% 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 0.248756% 0.000000% 0.000000% 0.000000% 0.248756% 0.223249% 0.000000% 0.000000% 0.000000% 0.223249%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 997,326.03
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.040440% Weighted Average Pass-Through Rate 0.000000% Weighted Average Maturity (Stepdown Calculation ) 354 Beginning Scheduled Collateral Loan Count 1,864 Number Of Loans Paid In Full 31 Ending Scheduled Collateral Loan Count 1,833 Beginning Scheduled Collateral Balance 900,457,254.08 Ending Scheduled Collateral Balance 879,496,027.25 Ending Actual Collateral Balance at 28-Feb-2003 86,660,625.71 Ending Scheduled Balance For Wells Fargo Serviced 849,172,575.36 Ending Scheduled Balance For Other Servicers 30,323,451.89 Monthly P &I Constant 6,481,772.32 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 24,951,546.32 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 832,291,073.66 Ending scheduled Balance For discounted Loans 47,204,953.59 Scheduled Principal 2,140,191.67 Unscheduled Principal 18,821,035.16 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 870,587,005.77 Greater Than 80%, less than or equal to 85% 2,726,827.59 Greater than 85%, less than or equal to 95% 5,192,949.21 Greater than 95% 1,219,830.99
Group Level Collateral Statement Group 1 2 Total Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 5.826684 6.307639 6.040440 Weighted Average Net Rate 5.244588 5.754028 5.471003 Weighted Average Maturity 176 354 354 Beginning Loan Count 987 61 1,048 Loans Paid In Full (42) (743) (785) Ending Loan Count 1,029 804 1,833 Beginning Scheduled Balance 472,046,191.00 28,254,231.00 500,300,422.00 Ending scheduled Balance 487,523,037.67 391,972,989.58 879,496,027.25 Record Date 02/28/2003 02/28/2003 02/28/2003 Principal And Interest Constant 4,087,106.64 2,394,665.68 6,481,772.32 Scheduled Principal 1,754,569.18 385,622.49 2,140,191.67 Unscheduled Principal 11,022,815.75 7,798,219.41 18,821,035.16 Scheduled Interest 2,294,318.80 2,003,420.16 4,297,738.97 Servicing Fees 104,200.31 81,566.16 185,766.46 Master Servicing Fees 4,168.01 3,262.65 7,430.66 Trustee Fee 0.00 0.00 0.00 FRY Amount 134,250.34 99,764.24 234,014.58 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 2,051,700.14 1,818,827.13 3,870,527.27 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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