EXHIBIT 10.1
Contact: | Customer Services — CTSLink | |||
Wells Fargo Bank Minnesota, N.A. | ||||
Securities Administration Services | ||||
7485 New Horizon Way | ||||
Frederick, MD 21703 | ||||
www.ctslink.com | ||||
Telephone: | (301) 815-6600 | |||
Fax: | (301) 315-6660 |
SMT SERIES 2002-12
Record Date: October 31, 2003
Distribution Date: November 20, 2003
Certificateholder Distribution Summary
Certificate | Certificate | |||||||||||||||||||
Class | Pass-Through | Beginning | Interest | |||||||||||||||||
Class | CUSIP | Description | Rate | Certificate Balance | Distribution | |||||||||||||||
A | 81744BAA4 | SEN | 1.57000 | % | 972,312,246.26 | 1,272,108.52 | ||||||||||||||
X-1 | 81744BAB2 | IO | 0.79188 | % | 0.00 | 154,571.43 | ||||||||||||||
X-2 | 81744BAC0 | IO | 1.08935 | % | 0.00 | 685,285.69 | ||||||||||||||
A-R | 81744BAD8 | SEN | 3.16477 | % | 0.00 | 0.00 | ||||||||||||||
B-1 | 81744BAE6 | SUB | 1.97000 | % | 16,815,000.00 | 27,604.63 | ||||||||||||||
B-2 | 81744BAF3 | SUB | 2.59571 | % | 8,968,000.00 | 19,398.58 | ||||||||||||||
B-3 | 81744BAG1 | SUB | 2.59571 | % | 6,165,000.00 | 13,335.44 | ||||||||||||||
B-4 | SMT0212B4 | SUB | 2.59571 | % | 2,802,000.00 | 6,060.98 | ||||||||||||||
B-5 | SMT0212B5 | SUB | 2.59571 | % | 1,681,000.00 | 3,636.15 | ||||||||||||||
B-6 | SMT0212B6 | SUB | 2.59571 | % | 4,486,095.46 | 9,703.82 | ||||||||||||||
Totals | 1,013,229,341.72 | 2,191,705.24 | ||||||||||||||||||
[Additional columns below]
[Continued from above table, first column(s) repeated]
Principal | Current | Ending Certificate | Total | Cumulative | ||||||||||||||||
Class | Distribution | Realized Loss | Balance | Distribution | Realized Loss | |||||||||||||||
A | 12,999,501.44 | 0.00 | 959,312,744.82 | 14,271,609.96 | 0.00 | |||||||||||||||
X-1 | 0.00 | 0.00 | 0.00 | 154,571.43 | 0.00 | |||||||||||||||
X-2 | 0.00 | 0.00 | 0.00 | 685,285.69 | 0.00 | |||||||||||||||
A-R | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||
B-1 | 0.00 | 0.00 | 16,815,000.00 | 27,604.63 | 0.00 | |||||||||||||||
B-2 | 0.00 | 0.00 | 8,968,000.00 | 19,398.58 | 0.00 | |||||||||||||||
B-3 | 0.00 | 0.00 | 6,165,000.00 | 13,335.44 | 0.00 | |||||||||||||||
B-4 | 0.00 | 0.00 | 2,802,000.00 | 6,060.98 | 0.00 | |||||||||||||||
B-5 | 0.00 | 0.00 | 1,681,000.00 | 3,636.15 | 0.00 | |||||||||||||||
B-6 | 0.00 | 0.00 | 4,486,095.46 | 9,703.82 | 0.00 | |||||||||||||||
Totals | 12,999,501.44 | 0.00 | 1,000,229,840.28 | 15,191,206.68 | 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
Beginning | Scheduled | Unscheduled | ||||||||||||||||||||||
Original Face | Certificate | Principal | Principal | Realized | ||||||||||||||||||||
Class | Amount | Balance | Distribution | Distribution | Accretion | Loss (1) | ||||||||||||||||||
A | 1,080,076,000.00 | 972,312,246.26 | 0.00 | 12,999,501.44 | 0.00 | 0.00 | ||||||||||||||||||
X-1 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||
X-2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||
A-R | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||
B-1 | 16,815,000.00 | 16,815,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||
B-2 | 8,968,000.00 | 8,968,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||
B-3 | 6,165,000.00 | 6,165,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||
B-4 | 2,802,000.00 | 2,802,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||
B-5 | 1,681,000.00 | 1,681,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||
B-6 | 4,486,095.46 | 4,486,095.46 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||
Totals | 1,120,993,195.46 | 1,013,229,341.72 | 0.00 | 12,999,501.44 | 0.00 | 0.00 | ||||||||||||||||||
[Additional columns below]
[Continued from above table, first column(s) repeated]
Total Principal | Ending Certificate | Ending Certificate | Total Principal | |||||||||||||
Class | Reduction | Balance | Percentage | Distribution | ||||||||||||
A | 12,999,501.44 | 959,312,744.82 | 0.88819004 | 12,999,501.44 | ||||||||||||
X-1 | 0.00 | 0.00 | 0.00000000 | 0.00 | ||||||||||||
X-2 | 0.00 | 0.00 | 0.00000000 | 0.00 | ||||||||||||
A-R | 0.00 | 0.00 | 0.00000000 | 0.00 | ||||||||||||
B-1 | 0.00 | 16,815,000.00 | 1.00000000 | 0.00 | ||||||||||||
B-2 | 0.00 | 8,968,000.00 | 1.00000000 | 0.00 | ||||||||||||
B-3 | 0.00 | 6,165,000.00 | 1.00000000 | 0.00 | ||||||||||||
B-4 | 0.00 | 2,802,000.00 | 1.00000000 | 0.00 | ||||||||||||
B-5 | 0.00 | 1,681,000.00 | 1.00000000 | 0.00 | ||||||||||||
B-6 | 0.00 | 4,486,095.46 | 1.00000000 | 0.00 | ||||||||||||
Totals | 12,999,501.44 | 1,000,229,840.28 | 0.89227111 | 12,999,501.44 | ||||||||||||
(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 Factors Statement
Beginning | Scheduled | Unscheduled | ||||||||||||||||||||||
Original Face | Certificate | Principal | Principal | Realized | ||||||||||||||||||||
Class | Amount | Balance | Distribution | Distribution | Accretion | Loss (3) | ||||||||||||||||||
A | 1,080,076,000.00 | 900.22576769 | 0.00000000 | 12.03572845 | 0.00000000 | 0.00000000 | ||||||||||||||||||
X-1 | 0.00 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
X-2 | 0.00 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
A-R | 100.00 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
B-1 | 16,815,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
B-2 | 8,968,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
B-3 | 6,165,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
B-4 | 2,802,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
B-5 | 1,681,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
B-6 | 4,486,095.46 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 |
[Additional columns below]
[Continued from above table, first column(s) repeated]
Ending | ||||||||||||||||
Total Principal | Certificate | Ending Certificate | Total Principal | |||||||||||||
Class | Reduction | Balance | Percentage | Distribution | ||||||||||||
A | 12.03572845 | 888.19003924 | 0.88819004 | 12.03572845 | ||||||||||||
X-1 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||
X-2 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||
A-R | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||
B-1 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||
B-2 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||
B-3 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||
B-4 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||
B-5 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||
B-6 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 |
(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
Payment of | Non- | |||||||||||||||||||||||||||||||
Beginning | Current | Unpaid | Current | Supported | ||||||||||||||||||||||||||||
Original Face | Current | Certificate/ | Accrued | Interest | Interest | Interest | Realized | |||||||||||||||||||||||||
Class | Amount | Certificate Rate | Notional Balance | Interest | Shortfall | Shortfall | Shortfall | Loss (4) | ||||||||||||||||||||||||
A | 1,080,076,000.00 | 1.57000 | % | 972,312,246.26 | 1,272,108.52 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||
X-1 | 0.00 | 0.79188 | % | 234,235,606.43 | 154,571.43 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||
X-2 | 0.00 | 1.08935 | % | 754,891,639.83 | 685,285.69 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||
A-R | 100.00 | 3.16477 | % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||
B-1 | 16,815,000.00 | 1.97000 | % | 16,815,000.00 | 27,604.63 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||
B-2 | 8,968,000.00 | 2.59571 | % | 8,968,000.00 | 19,398.58 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||
B-3 | 6,165,000.00 | 2.59571 | % | 6,165,000.00 | 13,335.44 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||
B-4 | 2,802,000.00 | 2.59571 | % | 2,802,000.00 | 6,060.98 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||
B-5 | 1,681,000.00 | 2.59571 | % | 1,681,000.00 | 3,636.15 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||
B-6 | 4,486,095.46 | 2.59571 | % | 4,486,095.46 | 9,703.82 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||
Totals | 1,120,993,195.46 | 2,191,705.24 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||||
[Additional columns below]
[Continued from above table, first column(s) repeated]
Remaining | Ending | |||||||||||
Unpaid | Certificate/ | |||||||||||
Total Interest | Interest | Notational | ||||||||||
Class | Distribution | Shortfall | Balance | |||||||||
A | 1,272,108.52 | 0.00 | 959,312,744.82 | |||||||||
X-1 | 154,571.43 | 0.00 | 231,973,810.28 | |||||||||
X-2 | 685,285.69 | 0.00 | 744,153,934.54 | |||||||||
A-R | 0.00 | 0.00 | 0.00 | |||||||||
B-1 | 27,604.63 | 0.00 | 16,815,000.00 | |||||||||
B-2 | 19,398.58 | 0.00 | 8,968,000.00 | |||||||||
B-3 | 13,335.44 | 0.00 | 6,165,000.00 | |||||||||
B-4 | 6,060.98 | 0.00 | 2,802,000.00 | |||||||||
B-5 | 3,636.15 | 0.00 | 1,681,000.00 | |||||||||
B-6 | 9,703.82 | 0.00 | 4,486,095.46 | |||||||||
Totals | 2,191,705.24 | 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
Payment of | Non- | |||||||||||||||||||||||||||||||
Current | Beginning | Unpaid | Current | Supported | ||||||||||||||||||||||||||||
Class | Original Face | Certificate | Certificate | Current Accrued | Interest | Interest | Interest | Realized | ||||||||||||||||||||||||
(5) | Amount | Rate | Notional Balance | Interest | Shortfall | Shortfall | Shortfall | Loss (6) | ||||||||||||||||||||||||
A | 1,080,076,000.00 | 1.57000 | % | 900.22576769 | 1.17779538 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
X-1 | 0.00 | 0.79188 | % | 938.01424207 | 0.61899301 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
X-2 | 0.00 | 1.08935 | % | 891.06756061 | 0.80890530 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
A-R | 100.00 | 3.16477 | % | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
B-1 | 16,815,000.00 | 1.97000 | % | 1000.00000000 | 1.64166696 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
B-2 | 8,968,000.00 | 2.59571 | % | 1000.00000000 | 2.16308876 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
B-3 | 6,165,000.00 | 2.59571 | % | 1000.00000000 | 2.16308840 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
B-4 | 2,802,000.00 | 2.59571 | % | 1000.00000000 | 2.16309065 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
B-5 | 1,681,000.00 | 2.59571 | % | 1000.00000000 | 2.16308745 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
B-6 | 4,486,095.46 | 2.59571 | % | 1000.00000000 | 2.16308817 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 |
[Additional columns below]
[Continued from above table, first column(s) repeated]
Remaining | ||||||||||||
Unpaid | ||||||||||||
Class | Total Interest | Interest | Ending Certificate/ | |||||||||
(5) | Distribution | Shortfall | Notational Balance | |||||||||
A | 1.17779538 | 0.00000000 | 888.19003924 | |||||||||
X-1 | 0.61899301 | 0.00000000 | 928.95670793 | |||||||||
X-2 | 0.80890530 | 0.00000000 | 878.39286618 | |||||||||
A-R | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||
B-1 | 1.64166696 | 0.00000000 | 1000.00000000 | |||||||||
B-2 | 2.16308876 | 0.00000000 | 1000.00000000 | |||||||||
B-3 | 2.16308840 | 0.00000000 | 1000.00000000 | |||||||||
B-4 | 2.16309065 | 0.00000000 | 1000.00000000 | |||||||||
B-5 | 2.16308745 | 0.00000000 | 1000.00000000 | |||||||||
B-6 | 2.16308817 | 0.00000000 | 1000.00000000 |
(5) | Per $1 denomination | |
(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 Account Statement
Certificate Account
Beginning Balance | |||||
Deposits | |||||
Payments of Interest and Principal | 15,509,726.72 | ||||
Liquidations, Insurance Proceeds, Reserve Funds | 0.00 | ||||
Proceeds from Repurchased Loans | 0.00 | ||||
Other Amounts (Servicer Advances) | 443.01 | ||||
Realized Losses | 0.00 | ||||
Prepayment Penalties | 0.00 | ||||
Total Deposits | 15,510,169.73 | ||||
Withdrawals | |||||
Reimbursement for Servicer Advances | 0.00 | ||||
Payment of Service Fee | 318,963.04 | ||||
Payment of Interest and Principal | 15,191,206.69 | ||||
Total Withdrawals (Pool Distribution Amount) | 15,510,169.73 | ||||
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 | 318,963.04 | |||
Supported Prepayment/Curtailment Interest Shortfall | 0.00 | |||
Net Servicing Fee | 318,963.04 | |||
Account Type | Beginning Balance | Current Withdrawals | Current Deposits | Ending Balance | ||||||||||||
Reserve Fund | 10,000.00 | 0.00 | 0.00 | 10,000.00 |
Loan Status Stratification/Credit Enhancement Statement
DELINQUENT | BANKRUPTCY | FORECLOSURE | ||||||||||||||||||||||||||||||
No. of | Principal | No. of | Principal | No. of | Principal | |||||||||||||||||||||||||||
Loans | Balance | Loans | Balance | Loans | Balance | |||||||||||||||||||||||||||
0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | ||||||||||||||||||||||||
30 Days | 1 | 177,206.76 | 30 Days | 0 | 0.00 | 30 Days | 0 | 0.00 | ||||||||||||||||||||||||
60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | ||||||||||||||||||||||||
90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | ||||||||||||||||||||||||
120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | ||||||||||||||||||||||||
150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | ||||||||||||||||||||||||
180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | ||||||||||||||||||||||||
1 | 177,206.76 | 0 | 0.00 | 0 | 0.00 |
No. of | Principal | No. of | Principal | No. of | Principal | |||||||||||||||||||||||||||
Loans | Balance | Loans | Balance | Loans | Balance | |||||||||||||||||||||||||||
0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||
30 Days | 0.034650 | % | 0.017717 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||
60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||
90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||
120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||
150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||
180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||
0.034650 | % | 0.017717 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % |
REO | TOTAL | |||||||||||||||||||
No. of | Principal | No. of | Principal | |||||||||||||||||
Loans | Balance | Loans | Balance | |||||||||||||||||
0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | |||||||||||||||
30 Days | 0 | 0.00 | 30 Days | 1 | 177,206.76 | |||||||||||||||
60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | |||||||||||||||
90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | |||||||||||||||
120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | |||||||||||||||
150 Days | 0 | 0.00 | 150 Days | �� | 0 | 0.00 | ||||||||||||||
180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | |||||||||||||||
0 | 0.00 | 1 | 177,206.76 |
No. of | Principal | No. of | Principal | |||||||||||||||||
Loans | Balance | Loans | Balance | |||||||||||||||||
0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | |||||||||||
30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.034650 | % | 0.017717 | % | |||||||||||
60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | |||||||||||
90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | |||||||||||
120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | |||||||||||
150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | |||||||||||
180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | |||||||||||
0.000000 | % | 0.000000 | % | 0.034650 | % | 0.017717 | % |
Current Period Class A Insufficient Funds: | 0.00 | Principal Balance of Contaminated Properties | 0.00 | Periodic Advance | 443.01 |
Original $ | Original % | Current $ | Current % | |||||||||||||||
Bankruptcy | 218,860.00 | 0.01952376 | % | 218,860.00 | 0.02188097 | % | ||||||||||||
Fraud | 33,629,796.00 | 3.00000001 | % | 33,629,796.00 | 3.36220683 | % | ||||||||||||
Special Hazard | 11,209,932.00 | 1.00000000 | % | 10,303,554.54 | 1.03011869 | % |
Limit of subordinate’s exposure to certain types of losses
Collateral Statement
Collateral Description | Mixed ARM | |||
Weighted Average Gross Coupon | 2.973465 | % | ||
Weighted Average Net Coupon | 2.595707 | % | ||
Weighted Average Pass-Through Rate | 2.595707 | % | ||
Weighted Average Maturity (Stepdown Calculation) | 315 | |||
Beginning Scheduled Collateral Loan Count | 2,920 | |||
Number of Loans Paid in Full | 34 | |||
Ending Scheduled Collateral Loan Count | 2,886 | |||
Beginning Scheduled Collateral Balance | 1,013,229,341.72 | |||
Ending Scheduled Collateral Balance | 1,000,229,840.28 | |||
Ending Actual Collateral Balance at 31-Oct-2003 | 1,000,235,142.23 | |||
Monthly P&I Constant | 2,510,668.28 | |||
Special Servicing Fee | 0.00 | |||
Prepayment Penalties | 0.00 | |||
Realization Loss Amount | 0.00 | |||
Cumulative Realized Loss | 0.00 | |||
Ending Scheduled Balance for Premium Loans | 1,000,229,840.28 | |||
Scheduled Principal | 0.00 | |||
Unscheduled Principal | 12,999,501.44 |
Miscellaneous Reporting
Principal Balance of 1-Month Libor Loans | 237,701,600.47 | |||
Principal Balance of 6-Month Libor Loans | 762,528,239.81 | |||
Pro Rata Senior Percentage | 95.961714 | % | ||
Senior Percentage | 100.000000 | % | ||
Senior Prepayment Percentage | 100.000000 | % | ||
Subordinate Percentage | 0.000000 | % | ||
Subordinate Prepayment Percentage | 0.000000 | % | ||
Payment Received from Cap Provide | 0 |