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 2002-9
Record Date: October 31, 2003
Distribution Date: November 20, 2003
Certificateholder Distribution Summary
Certificate | Beginning | ||||||||||||||||||||
Class | Certificate | Certificate | Interest | ||||||||||||||||||
Class | CUSIP | Description | Pass-Through Rate | Balance | Distribution | ||||||||||||||||
1A | 81743SAA8 | SEN | 1.47000 | % | 340,435,519.28 | 417,033.50 | |||||||||||||||
2A | 81743SAB6 | SEN | 2.74252 | % | 125,528,249.44 | 286,885.96 | |||||||||||||||
X-1A | 81743SAC4 | IO | 0.97587 | % | 0.00 | 148,161.95 | |||||||||||||||
X-1B | 81743SAD2 | IO | 1.04282 | % | 0.00 | 137,517.10 | |||||||||||||||
X-B | 81743SAE0 | IO | 0.68843 | % | 0.00 | 4,418.59 | |||||||||||||||
A-R | 81743SAF7 | SEN | 3.16130 | % | 0.00 | 0.00 | |||||||||||||||
B-1 | 81743SAG5 | SUB | 1.87000 | % | 7,702,000.00 | 12,002.28 | |||||||||||||||
B-2 | 81743SAH3 | SUB | 2.55843 | % | 4,564,000.00 | 9,730.57 | |||||||||||||||
B-3 | 81743SAJ9 | SUB | 2.55843 | % | 3,424,000.00 | 7,300.06 | |||||||||||||||
B-4 | SMT0209B4 | SUB | 2.55843 | % | 1,426,000.00 | 3,040.27 | |||||||||||||||
B-5 | SMR0209B5 | SUB | 2.55843 | % | 856,000.00 | 1,825.02 | |||||||||||||||
B-6 | SMT0209B6 | SUB | 2.55843 | % | 1,997,086.78 | 4,257.84 | |||||||||||||||
Totals | 485,932,855.50 | 1,032,173.14 |
[Additional columns below]
[Continued from above table, first column(s) repeated]
Ending | |||||||||||||||||||||
Principal | Current | Certificate | Total | Cumulative | |||||||||||||||||
Class | Distribution | Realized Loss | Balance | Distribution | Realized Loss | ||||||||||||||||
1A | 3,295,548.12 | 0.00 | 337,139,971.16 | 3,712,581.62 | 0.00 | ||||||||||||||||
2A | 4,241,721.78 | 0.00 | 121,286,527.66 | 4,528,607.74 | 0.00 | ||||||||||||||||
X-1A | 0.00 | 0.00 | 0.00 | 148,161.95 | 0.00 | ||||||||||||||||
X-1B | 0.00 | 0.00 | 0.00 | 137,517.10 | 0.00 | ||||||||||||||||
X-B | 0.00 | 0.00 | 0.00 | 4,418.59 | 0.00 | ||||||||||||||||
A-R | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
B-1 | 0.00 | 0.00 | 7,702,000.00 | 12,002.28 | 0.00 | ||||||||||||||||
B-2 | 0.00 | 0.00 | 4,564,000.00 | 9,730.57 | 0.00 | ||||||||||||||||
B-3 | 0.00 | 0.00 | 3,424,000.00 | 7,300.06 | 0.00 | ||||||||||||||||
B-4 | 0.00 | 0.00 | 1,426,000.00 | 3,040.27 | 0.00 | ||||||||||||||||
B-5 | 0.00 | 0.00 | 856,000.00 | 1,825.02 | 0.00 | ||||||||||||||||
B-6 | 0.00 | 0.00 | 1,997,086.78 | 4,257.84 | 0.00 | ||||||||||||||||
Totals | 7,537,269.90 | 0.00 | 478,395,585.60 | 8,569,443.04 | 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) | |||||||||||||||||||
1A | 381,698,000.00 | 340,435,519.28 | 0.00 | 3,295,548.12 | 0.00 | 0.00 | |||||||||||||||||||
2A | 168,875,000.00 | 125,528,249.44 | 0.00 | 4,241,721.78 | 0.00 | 0.00 | |||||||||||||||||||
X-1A | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||
X-1B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||
X-B | 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 | 7,702,000.00 | 7,702,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||
B-2 | 4,564,000.00 | 4,564,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||
B-3 | 3,424,000.00 | 3,424,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||
B-4 | 1,426,000.00 | 1,426,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||
B-5 | 856,000.00 | 856,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||
B-6 | 1,997,086.78 | 1,997,086.78 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||
Totals | 570,533,186.78 | 485,932,855.50 | 0.00 | 7,537,269.90 | 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 | |||||||||||||
1A | 3,295,548.12 | 337,139,971.16 | 0.88328448 | 3,295,548.12 | |||||||||||||
2A | 4,241,721.78 | 121,286,527.66 | 0.71820298 | 4,241,721.78 | |||||||||||||
X-1A | 0.00 | 0.00 | 0.00000000 | 0.00 | |||||||||||||
X-1B | 0.00 | 0.00 | 0.00000000 | 0.00 | |||||||||||||
X-B | 0.00 | 0.00 | 0.00000000 | 0.00 | |||||||||||||
A-R | 0.00 | 0.00 | 0.00000000 | 0.00 | |||||||||||||
B-1 | 0.00 | 7,702,000.00 | 1.00000000 | 0.00 | |||||||||||||
B-2 | 0.00 | 4,564,000.00 | 1.00000000 | 0.00 | |||||||||||||
B-3 | 0.00 | 3,424,000.00 | 1.00000000 | 0.00 | |||||||||||||
B-4 | 0.00 | 1,426,000.00 | 1.00000000 | 0.00 | |||||||||||||
B-5 | 0.00 | 856,000.00 | 1.00000000 | 0.00 | |||||||||||||
B-6 | 0.00 | 1,997,086.78 | 1.00000000 | 0.00 | |||||||||||||
Totals | 7,537,269.90 | 478,395,585.60 | 0.83850615 | 7,537,269.90 | |||||||||||||
(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) | ||||||||||||||||||
1A | 381,698,000.00 | 891.91860200 | 0.00000000 | 8.63411867 | 0.00000000 | 0.00000000 | ||||||||||||||||||
2A | 168,875,000.00 | 743.32050001 | 0.00000000 | 25.11752439 | 0.00000000 | 0.00000000 | ||||||||||||||||||
X-1A | 0.00 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
X-1B | 0.00 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
X-B | 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 | 7,702,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
B-2 | 4,564,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
B-3 | 3,424,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
B-4 | 1,426,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
B-5 | 856,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||
B-6 | 1,997,086.78 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 |
[Additional columns below]
[Continued from above table, first column(s) repeated]
Total Principal | Ending Certificate | Ending Certificate | Total Principal | |||||||||||||
Class | Reduction | Balance | Percentage | Distribution | ||||||||||||
1A | 8.63411867 | 883.28448334 | 0.88328448 | 8.63411867 | ||||||||||||
2A | 25.11752349 | 718.20297652 | 0.71820298 | 25.11752349 | ||||||||||||
X-1A | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||
X-1B | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||
X-B | 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
Beginning | Payment of | Non- | |||||||||||||||||||||||||||||||
Certificate/ | Current | Unpaid | Current | Supported | |||||||||||||||||||||||||||||
Original Face | Current | Notional | Accrued | Interest | Interest | Interest | Realized | ||||||||||||||||||||||||||
Class | Amount | Certificate Rate | Balance | Interest | Shortfall | Shortfall | Shortfall | Loss (4) | |||||||||||||||||||||||||
1A | 381,698,000.00 | 1.47000 | % | 340,435,519.28 | 417,035.51 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||
2A | 168,875,000.00 | 2.74252 | % | 125,528,249.44 | 286,885.96 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||
X-1A | 0.00 | 0.97587 | % | 182,190,529.93 | 148,161.95 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||
X-1B | 0.00 | 1.04282 | % | 158,244,989.35 | 137,517.10 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||
X-B | 0.00 | 0.68843 | % | 7,702,000.00 | 4,418.59 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||
A-R | 100.00 | 3.16130 | % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||
B-1 | 7,702,000.00 | 1.87000 | % | 7,702,000.00 | 12,002.28 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||
B-2 | 4,564,000.00 | 2.55843 | % | 4,564,000.00 | 9,730.57 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||
B-3 | 3,424,000.00 | 2.55843 | % | 3,424,000.00 | 7,300.06 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||
B-4 | 1,426,000.00 | 2.55843 | % | 1,426,000.00 | 3,040.27 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||
B-5 | 856,000.00 | 2.55843 | % | 856,000.00 | 1,825.02 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||
B-6 | 1,997,086.78 | 2.55843 | % | 1,997,086.78 | 4,257.84 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||||||||
Totals | 570,533,186.78 | 1,032,173.15 | 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 | ||||||||||
1A | 417,033.50 | 0.00 | 337,139,971.16 | ||||||||||
2A | 286,885.96 | 0.00 | 121,286,527.66 | ||||||||||
X-1A | 148,161.95 | 0.00 | 180,354,893.65 | ||||||||||
X-1B | 137,517.10 | 0.00 | 156,785,077.51 | ||||||||||
X-B | 4,418.59 | 0.00 | 7,702,000.00 | ||||||||||
A-R | 0.00 | 0.00 | 0.00 | ||||||||||
B-1 | 12,002.28 | 0.00 | 7,702,000.00 | ||||||||||
B-2 | 9,730.57 | 0.00 | 4,564,000.00 | ||||||||||
B-3 | 7,300.06 | 0.00 | 3,424,000.00 | ||||||||||
B-4 | 3,040.27 | 0.00 | 1,426,000.00 | ||||||||||
B-5 | 1,825.02 | 0.00 | 856,000.00 | ||||||||||
B-6 | 4,257.84 | 0.00 | 1,997,086.78 | ||||||||||
Totals | 1,032,173.14 | 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 | Current | Unpaid | Current | Supported | |||||||||||||||||||||||||||
Original Face | Certificate | Certificate/ | Accrued | Interest | Interest | Interest | Realized | |||||||||||||||||||||||||
Class (5) | Amount | Rate | Notional Balance | Interest | Shortfall | Shortfall | Shortfall | Loss (6) | ||||||||||||||||||||||||
1A | 381,698,000.00 | 1.47000 | % | 891.91860200 | 1.09260028 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
2A | 168,875,000.00 | 2.74252 | % | 743.32050001 | 1.69880657 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
X-1A | 0.00 | 0.97587 | % | 894.11446054 | 0.72711651 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
X-1B | 0.00 | 1.04282 | % | 889.40378698 | 0.77290428 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
X-B | 0.00 | 0.68843 | % | 1000.00000000 | 0.57369385 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
A-R | 100.00 | 3.16130 | % | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
B-1 | 7,702,000.00 | 1.87000 | % | 1000.00000000 | 1.55833290 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
B-2 | 4,564,000.00 | 2.55843 | % | 1000.00000000 | 2.13202673 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
B-3 | 3,424,000.00 | 2.55843 | % | 1000.00000000 | 2.13202687 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
B-4 | 1,426,000.00 | 2.55843 | % | 1000.00000000 | 2.13202665 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
B-5 | 856,000.00 | 2.55843 | % | 1000.00000000 | 2.13203271 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||
B-6 | 1,997,086.78 | 2.55843 | % | 1000.00000000 | 2.13202553 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 |
[Additional columns below]
[Continued from above table, first column(s) repeated]
Remaining | ||||||||||||
Unpaid | ||||||||||||
Total Interest | Interest | Ending Certificate/ | ||||||||||
Class (5) | Distribution | Shortfall | Notational Balance | |||||||||
1A | 1.09260026 | 0.00000000 | 883.28448334 | |||||||||
2A | 1.69880657 | 0.00000000 | 718.20297652 | |||||||||
X-1A | 0.72711651 | 0.00000000 | 885.10593006 | |||||||||
X-1B | 0.77290428 | 0.00000000 | 881.19846481 | |||||||||
X-B | 0.57369385 | 0.00000000 | 1000.00000000 | |||||||||
A-R | 0.00000000 | 0.00000000 | 0.00000000 | |||||||||
B-1 | 1.55833290 | 0.00000000 | 1000.00000000 | |||||||||
B-2 | 2.13202673 | 0.00000000 | 1000.00000000 | |||||||||
B-3 | 2.13202687 | 0.00000000 | 1000.00000000 | |||||||||
B-4 | 2.13202665 | 0.00000000 | 1000.00000000 | |||||||||
B-5 | 2.13203271 | 0.00000000 | 1000.00000000 | |||||||||
B-6 | 2.13202553 | 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 | 0.00 | ||||
Deposits | |||||
Payments of Interest and Principal | 8,725,160.31 | ||||
Liquidations, Insurance Proceeds, Reserve Funds | 0.00 | ||||
Proceeds from Repurchased Loans | 0.00 | ||||
Other Amounts (Servicer Advances) | 0.00 | ||||
Realized Losses | 0.00 | ||||
Prepayment Penalties | 0.00 | ||||
Total Deposits | 8,725,160.31 | ||||
Withdrawals | |||||
Reimbursement for Servicer Advances | 0.00 | ||||
Payment of Service Fee | 155,717.26 | ||||
Payment of Interest and Principal | 8,569,443.05 | ||||
Total Withdrawals (Pool Distribution Amount) | 8,725,160.31 | ||||
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 | 152,072.77 | |||
Master Servicing Fee | 3,644.49 | |||
Supported Prepayment/Curtailment Interest Shortfall | 0.00 | |||
Net Servicing Fee | 155,717.26 | |||
Beginning | Current | Current | Ending | |||||||||||||
Account Type | Balance | Withdrawals | Deposits | Balance | ||||||||||||
X-1 Basis Risk Reserve Fund | 5,000.00 | 0.00 | 0.00 | 5,000.00 | ||||||||||||
X-2 Basis Risk Reserve Fund | 5,000.00 | 0.00 | 0.00 | 5,000.00 |
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 | 0 | 0.00 | 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 | ||||||||||||||||||||||||
0 | 0.00 | 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 | 0.000000 | % | 0.000000 | % | 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 | % | ||||||||||||||||||
0.000000 | % | 0.000000 | % | 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 | 0 | 0.00 | |||||||||||||||
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 | 0 | 0.00 |
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 | 0.000000 | % | 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 | % | |||||||||||
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 | % | 0.000000 | % | 0.000000 | % |
Current Period Class A Insufficient Funds: | 0.00 | Principal Balance of Contaminated Properties | 0.00 | Periodic Advance | 0.00 |
Original $ | Original % | Current $ | Current % | Current Class % | Prepayment % | ||||||||||||||||||||
Class A | 570,533,086.78 | 99.99998247 | % | 478,395,585.60 | 100.00000000 | % | 95.825821 | % | 0.000000 | % | |||||||||||||||
Class 1A | 188,844,086.78 | 33.09957968 | % | 141,255,614.44 | 29.52694772 | % | 70.473052 | % | 1,688.309410 | % | |||||||||||||||
Class 2A | 19,969,086.78 | 3.50007453 | % | 19,969,086.78 | 4.17417873 | % | 25.352769 | % | 607.371429 | % | |||||||||||||||
Class B-1 | 12,267,086.78 | 2.15010924 | % | 12,267,086.78 | 2.56421404 | % | 1.609965 | % | 38.569616 | % | |||||||||||||||
Class B-2 | 7,703,086.78 | 1.35015578 | % | 7,703,086.78 | 1.61019186 | % | 0.954022 | % | 22.855327 | % | |||||||||||||||
Class B-3 | 4,279,086.78 | 0.75001540 | % | 4,279,086.78 | 0.89446619 | % | 0.715726 | % | 17.146503 | % | |||||||||||||||
Class B-4 | 2,853,086.78 | 0.50007376 | % | 2,853,086.78 | 0.59638652 | % | 0.298080 | % | 7.141038 | % | |||||||||||||||
Class B-5 | 1,997,086.78 | 0.35003867 | % | 1,997,086.78 | 0.41745510 | % | 0.178931 | % | 4.286626 | % | |||||||||||||||
Class B-6 | 0.00 | 0.00000000 | % | 0.00 | 0.00000000 | % | 0.417455 | % | 10.000892 | % |
Please refer to the prospectus supplement for a full description of loss exposure
Original $ | Original % | Current $ | Current % | |||||||||||||||
Bankruptcy | 100,000.00 | 0.01752746 | % | 100,000.00 | 0.02090320 | % | ||||||||||||
Fraud | 17,115,996.00 | 3.00000007 | % | 9,879,946.13 | 2.06522519 | % | ||||||||||||
Special Hazard | 6,000,000.00 | 1.05164785 | % | 5,997,988.72 | 1.25377175 | % |
Limit of subordinate’s exposure to certain types of losses
Delinquency Status By Group
Group 1
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 | 0 | 0.00 | 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 | ||||||||||||||||||||||||
0 | 0.00 | 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 | 0.000000 | % | 0.000000 | % | 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 | % | ||||||||||||||||||
0.000000 | % | 0.000000 | % | 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 | 0 | 0.00 | |||||||||||||||
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 | 0 | 0.00 |
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 | 0.000000 | % | 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 | % | |||||||||||
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 | % | 0.000000 | % | 0.000000 | % |
Group 2
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 | 0 | 0.00 | 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 | ||||||||||||||||||||||||
0 | 0.00 | 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 | 0.000000 | % | 0.000000 | % | 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 | % | ||||||||||||||||||
0.000000 | % | 0.000000 | % | 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 | 0 | 0.00 | |||||||||||||||
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 | 0 | 0.00 |
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 | 0.000000 | % | 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 | % | |||||||||||
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 | % | 0.000000 | % | 0.000000 | % |
Collateral Statement
Collateral Description | Mixed Arm | |||
Weighted Average Gross Coupon | 2.933468 | % | ||
Weighted Average Net Coupon | 2.557928 | % | ||
Weighted Average Pass-Through Rate | 2.548928 | % | ||
Weighted Average Maturity (Stepdown Calculation) | 318 | |||
Beginning Scheduled Collateral Loan Count | 1,329 | |||
Number of Loans Paid in Full | 18 | |||
Ending Scheduled Collateral Loan Count | 1,311 | |||
Beginning Scheduled Collateral Balance | 485,932,855.51 | |||
Ending Scheduled Collateral Balance | 478,395,585.61 | |||
Ending Actual Collateral Balance at 31-Oct-2003 | 478,393,578.09 | |||
Monthly P&I Constant | 1,187,890.43 | |||
Special Servicing Fee | 0.00 | |||
Prepayment Penalties | 0.00 | |||
Realization Loss Amount | 0.00 | |||
Cumulative Realized Loss | 0.00 | |||
Class A Optimal Amount | 8,526,868.43 | |||
Ending Scheduled Balance for Premium Loans | 478,395,585.61 | |||
Scheduled Principal | 0.00 | |||
Unscheduled Principal | 7,537,269.90 |
Miscellaneous Reporting
Pro Rata Senior Percent | 95.890567 | % | ||
Senior Percentage | 100.000000 | % | ||
Senior Prepay Percentage | 100.000000 | % | ||
Subordinate Percentage | 0.000000 | % | ||
Subordinate Prepayment Percentage | 0.000000 | % |
Group | 1 | 2 | Total | |||||||||
Collateral Description | Mixed ARM | 6 Month ARM | Mixed ARM | |||||||||
Weighted Average Coupon Rate | 2.861730 | 3.126515 | 2.933468 | |||||||||
Weighted Average Net Rate | 2.485989 | 2.751515 | 2.557928 | |||||||||
Pass-Through Rate | 2.476989 | 2.742515 | 2.548928 | |||||||||
Weighted Average Maturity | 302 | 344 | 318 | |||||||||
Record Date | 10/31/2003 | 10/31/2003 | 10/31/2003 | |||||||||
Principal and Interest Constant | 844,877.17 | 343,013.26 | 1,187,890.43 | |||||||||
Beginning Loan Count | 932 | 397 | 1,329 | |||||||||
Loans Paid in Full | 7 | 11 | 18 | |||||||||
Ending Loan Count | 925 | 386 | 1,311 | |||||||||
Beginning Scheduled Balance | 354,279,606.07 | 131,653,249.44 | 485,932,855.51 | |||||||||
Ending Scheduled Balance | 350,984,057.95 | 127,411,527.66 | 478,395,585.61 | |||||||||
Scheduled Principal | 0.00 | 0.00 | 0.00 | |||||||||
Unscheduled Principal | 3,295,548.12 | 4,241,721.78 | 7,537,269.90 | |||||||||
Scheduled Interest | 844,877.17 | 343,013.26 | 1,187,890.43 | |||||||||
Servicing Fee | 110,931.12 | 41,141.65 | 152,072.77 | |||||||||
Master Servicing Fee | 2,657.09 | 987.40 | 3,644.49 | |||||||||
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 1 | 0.00 | 0.00 | 0.00 | |||||||||
Spread 2 | 0.00 | 0.00 | 0.00 | |||||||||
Spread 3 | 0.00 | 0.00 | 0.00 | |||||||||
Net Interest | 731,288.96 | 300,884.21 | 1,032,173.17 | |||||||||
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 |
Miscellaneous Reporting
Group 1 | ||||
One Month LIBOR Loans | 187,760,864.51 | |||
Six Month LIBOR Loans | 163,223,193.44 |