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): October 25, 2002
>
AMERIQUEST MORTGAGE SECURITIES INC.
(as depositor, Ameriquest Mortgage Company, in its capacity as
originator and Master Servicer, and Deutsche Bank National
Trust Company, as Trustee).
AMERIQUEST MORT SEC INC ASSET BCKD PS THR CERT SER 2002-AR1
(Exact name of Registrant as specified in its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
333-77012-03 33-0885129
(Commission File Number) (I.R.S. Employer Identification No.)
>
1100 TOWN & COUNTRY ROAD, SUITE 1100
ORANGE, CALIFORNIA 92868
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (714) 564-0660
Item 5. Other Events
Attached hereto is a copy of the Monthly Remittance Statements to the
Certificateholders which was derived from the monthly information
submitted by the Master Servicer of the Trust to the Trustee.
Item 7. Financial Statement and Exhibits
Exhibits: (as noted in Item 5 above)
Monthly Remittance Statement to the Certificateholders dated as of
October 25, 2002.
SIGNATURE
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.
Deutsche Bank National Trust Company,
not in its individual capacity, but solely
as a duly authorized agent of the Registrant
>
pursuant to the Pooling and Servicing
Agreement, dated as of August 1, 2002.
Date: Dec 12, 2002 By: /s/ Katie Wannenmacher
Katie Wannenmacher
Vice President
EXHIBIT INDEX
DOCUMENT
Monthly Remittance Statement to the Certificateholders
dated as of October 25, 2002.
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
October 25, 2002 Distribution
Contents
TABLE OF CONTENTS
> Page
1. Contents
> 1
2. Certificate Payment
> Report 2
3. Collection Account
>Report 10
4. Credit Enhancement
>Report 13
5. Collateral Report
> 14
6. Delinquency Report
> 17
7. REO Report
> 20
8. Foreclosure Report
> 21
9. Prepayment Report
> 22
10. Prepayment Detail R
>eport 25
11. Realized Loss Repor
>t 27
12. Realized Loss Detai
>l Report 30
13. Triggers, Adj. Rate
> Cert. and Miscellaneous Report 31
Total Number of Pag
>es 31
CONTACTS
Administrator: Va
>lerie M Delgado
Direct Phone Number
>: (714)247-6273
Address: Deutsche
> Bank
17
>61 E. St. Andrew Place, Santa Ana, CA 92705
Web Site: http://
>www.corporatetrust.db.com/invr
Factor Information:
> (800) 735-7777
Main Phone Number:
> (714) 247-6000
ISSUANCE INFORMATION
Seller: Ameriquest Mtg Sec Inc
> Cut-Off Date: March 1, 20
>02
Certificate Insurer(s):
> Closing Date: March 18,
>2002
> First Payment Date: April 25, 2002
>
Servicer(s): Ameriquest Mortgage Corp Mast
>er Servicer
> Distribution Date: October 25,
>2002
Underwriter(s): Salomon Brothers Inc. Underwr
>iter Record Date: October 24
>, 2002
> Se
>ptember 30, 2002
> Page 1 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
REMIC I
Certificate Payment Report for October 25, 2002 Distribution
Distribution in Dollars - Current Period
Prio
>r
> Current
Class Original Prin
>cipal Total Realized Deferred
> Principal
Class Type Face Value Bala
>nce Interest Principal Distribution Losses Interest
> Balance
(1)
> (2) (3) (4)=(2)+(3) (5) (6)
> (7)=(1)-(3)-(5)+(6)
LTAA1 240020088
>202088552.9 1306455.78 12473254.54 13779710.32 0
> 0 189615298.4
LTAA2 249979912
> 249979912 1619312.39 0 1619312.39 0
> 0 249979912
LTACE 9999900
> 10000000 64647.69 0 64647.69 0
> 0 10000000
LTAIO 0
> 0 253696.66 0 253696.66 0
> 0 0
LTAP 100
> 100 364821.85 0 364821.85 0
> 0 100
LTAR-1 0
> 0 0 0 0 0
> 0 0
Total 500000000
>462068564.9 3608934.37 12473254.54 16082188.91 0
> 0 449595310.4
Interest Accrual Detail Curr
>ent Period Factor Information per $1,000 of Original Face
> Orig. PrincipalPrior
> Current
Period Period
> (with Notional)Principal Total
> Principal
Class Starting Ending Method Cusi
>p Balance Balance Interest Principal Distribu
>tion Balance
> (1) (2) (3) (4)=(2)+
>(3) (5)
LTAA1 A-30/360
> 240020088 841.9651646 5.443110162 51.96754423 57.4
>1065439 789.9976204
LTAA2 A-30/360
> 249979912 1000 6.477770062 0 6.47
>7770062 1000
LTACE A-30/360
> 9999900 47207.32856 6.464833648 0 6.46
>4833648 1000.01
LTAIO A-30/360
> 500000000 924.1371298 0.50739332 0 0.5
>0739332 899.1906207
LTAP A-30/360
> 100 1000 3648218.5 0 36
>48218.5 1000
LTAR-1 A-30/360
> 0 0 0 0
> 0 0
> Page 2 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
REMIC I
Certificate Payment Report for October 25, 2002 Distribution
Distribution in Dollars - to Date
>
> Current
Original Unsc
>heduled Scheduled Total Total Realized Deferred
> Principal
Class Face Value Interest Prin
>cipal Principal Principal Distribution Losses Interest
> Balance
(1) (2) (3)
> (4) (5)=(3)+(4) (6)=(2)+(5) (7) (8)
> (9)=(1)-(5)-(7)+(8)
LTAA1 240020088 10117563.34
> 0 50397855.45 50397855.45 60515418.79 6765.84
> 0 189615298.4
LTAA2 249979912 10801162.5
> 0 0 0 10801162.5 0
> 0 249979912
LTACE 9999900 453354.7
> 0 0 0 453354.7 0
> 0 10000000
LTAIO 0 1855072.87
> 0 0 0 1855072.87 68.34
> 0 0
LTAP 100 1076262.04
> 0 0 0 1076262.04 0
> 0 100
LTAR-1 0 0
> 0 0 0 0 0
> 0 0
Total 500000000 24303415.45
> 0 50397855.45 50397855.45 74701270.9 6834.18
> 0 449595310.4
Interest Detail
Pass- Prior Principal
> Non- Prior Unscheduled Paid or
> Current
Through (with Notional) Accr
>ued Supported Unpaid Interest Optimal Deferred
> Unpaid
Class Rate Balance Inte
>rest Interest SF Interest Adjustments Interest Interest
> Interest
(1)
> (2) (3) (4) (5)=(1)-(2)+(3)(6)
> (7)=(5)-(6)
LTAA1 0.077577226 202088552.9
> 1306455.78 0 0 0 1306455.78 130
>6455.78 0
LTAA2 0.077733241 249979912
> 1619312.39 0 0 0 1619312.39 161
>9312.39 0
LTACE 0.077577226 472068564.9
> 64647.69 0 0 0 64647.69 6
>4647.69 0
LTAIO 0.006588546 462068564.9
> 253696.66 0 0 0 253696.66 25
>3696.66 0
LTAP 0.077577226 100
> 364821.85 0 0 0 364821.85 36
>4821.85 0
LTAR-1 0.077577226 0
> 0 0 0 0 0
> 0 0
Total 1386205695
> 3608934.37 0 0 0 3608934.37 360
>8934.37 0
> Page 3 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
REMIC II
Certificate Payment Report for October 25, 2002 Distribution
Distribution in Dollars - Current Period
Prio
>r
> Current
Class Original Prin
>cipal Total Realized Deferred
> Principal
Class Type Face Value Bala
>nce Interest Principal Distribution Losses Interest
> Balance
(1)
> (2) (3) (4)=(2)+(3) (5) (6)
> (7)=(1)-(3)-(5)+(6)
LT1A 449999900
>412068464.9 2582836.05 12473254.54 15056090.59 0
> 0 399595210.4
LT1B 50000000
> 50000000 313398.9 0 313398.9 0
> 0 50000000
LT1X 0
> 0 94180.93 0 94180.93 0
> 0 0
LT1IO 0
> 0 253696.66 0 253696.66 0
> 0 0
LT1P 100
> 100 364821.83 0 364821.83 0
> 0 100
LT1R-2 0
> 0 0 0 0 0
> 0 0
Total 500000000
>462068564.9 3608934.37 12473254.54 16082188.91 0
> 0 449595310.4
Interest Accrual Detail Curr
>ent Period Factor Information per $1,000 of Original Face
> Orig. PrincipalPrior
> Current
Period Period
> (with Notional)Principal Total
> Principal
Class Starting Ending Method Cusi
>p Balance Balance Interest Principal Distribu
>tion Balance
> (1) (2) (3) (4)=(2)+
>(3) (5)
LT1A A-30/360
> 449999900 915.7079033 5.739636942 27.71834958 33.4
>5798652 887.9895537
LT1B A-30/360
> 50000000 1000 6.267978 0 6
>.267978 1000
LT1X A-30/360
> 490000000 922.5887039 0.19220598 0 0.1
>9220598 897.1330824
LT1IO A-30/360
> 500000000 924.1371298 0.50739332 0 0.5
>0739332 899.1906207
LT1P A-30/360
> 100 1000 3648218.3 0 36
>48218.3 1000
LT1R-2 A-30/360
> 0 0 0 0
> 0 0
> Page 4 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
REMIC II
Certificate Payment Report for October 25, 2002 Distribution
Distribution in Dollars - to Date
>
> Current
Original Unsc
>heduled Scheduled Total Total Realized Deferred
> Principal
Class Face Value Interest Prin
>cipal Principal Principal Distribution Losses Interest
> Balance
(1) (2) (3)
> (4) (5)=(3)+(4) (6)=(2)+(5) (7) (8)
> (9)=(1)-(5)-(7)+(8)
LT1A 449999900 18539870.12
> 0 50397855.45 50397855.45 68937725.57 6834.18
> 0 399595210.4
LT1B 50000000 2142229.81
> 0 0 0 2142229.81 0
> 0 50000000
LT1X 0 689980.9
> 0 0 0 689980.9 0
> 0 0
LT1IO 0 1855072.87
> 0 0 0 1855072.87 0
> 0 0
LT1P 100 1076261.79
> 0 0 0 1076261.79 0
> 0 100
LT1R-2 0 0
> 0 0 0 0 0
> 0 0
Total 500000000 24303415.49
> 0 50397855.45 50397855.45 74701270.94 6834.18
> 0 449595310.4
Interest Detail
Pass- Prior Principal
> Non- Prior Unscheduled Paid or
> Current
Through (with Notional) Accr
>ued Supported Unpaid Interest Optimal Deferred
> Unpaid
Class Rate Balance Inte
>rest Interest SF Interest Adjustments Interest Interest
> Interest
(1)
> (2) (3) (4) (5)=(1)-(2)+(3)(6)
> (7)=(5)-(6)
LT1A 0.075215735 412068464.9
> 2582836.05 0 0 0 2582836.05 258
>2836.05 0
LT1B 0.075215735 50000000
> 313398.9 0 0 0 313398.9 3
>13398.9 0
LT1X 0.0025 452068464.9
> 94180.93 0 0 0 94180.93 9
>4180.93 0
LT1IO 0.006588546 462068564.9
> 253696.66 0 0 0 253696.66 25
>3696.66 0
LT1P 0.075215735 100
> 364821.83 0 0 0 364821.83 36
>4821.83 0
LT1R-2 0.088065772 0
> 0 0 0 0 0
> 0 0
Total 1376205595
> 3608934.37 0 0 0 3608934.37 360
>8934.37 0
> Page 5 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
REMIC III
Certificate Payment Report for October 25, 2002 Distribution
Distribution in Dollars - Current Period
Prio
>r
> Current
Class Original Prin
>cipal Total Realized Deferred
> Principal
Class Type Face Value Bala
>nce Interest Principal Distribution Losses Interest
> Balance
(1)
> (2) (3) (4)=(2)+(3) (5) (6)
> (7)=(1)-(3)-(5)+(6)
LT2A 489999900
>452827093.6 2613726.95 12223789.44 14837516.39 0
> 0 440603304.2
LT2B 4900000
> 4520684.66 26093.48 124732.55 150826.03 0
> 0 4395952.11
LT2S 0
> 0 229166.67 0 229166.67 0
> 0 0
LT2C 5100000
> 4720686.63 27247.9 124732.5453 151980.4453 0
> 0 4595954.08
LT2IO 0
> 0 253696.66 0 253696.66 0
> 0 0
LT2X 0
> 0 94180.93 0 94180.93 0
> 0 0
LT2P 100
> 100 364821.78 0 364821.78 0
> 0 100
LT2R-3 0
> 0 0 0 0 0
> 0 0
Total 500000000
>462068564.9 3608934.37 12473254.54 16082188.91 0
> 0 449595310.4
Interest Accrual Detail Curr
>ent Period Factor Information per $1,000 of Original Face
> Orig. PrincipalPrior
> Current
Period Period
> (with Notional)Principal Total
> Principal
Class Starting Ending Method Cusi
>p Balance Balance Interest Principal Distribu
>tion Balance
> (1) (2) (3) (4)=(2)+
>(3) (5)
LT2A A-30/360
> 489999900 924.1371143 5.334137721 24.94651415 30.2
>8065187 899.1906002
LT2B A-30/360
> 4900000 922.5887061 5.3252 25.45562245 30.7
>8082245 897.1330837
LT2S A-30/360
> 50000000 1000 4.5833334 0 4.
>5833334 1000
LT2C A-30/360
> 5100000 925.6248294 5.34272549 24.45736182 29.8
>0008731 901.1674667
LT2IO A-30/360
> 500000000 924.1371298 0.50739332 0 0.5
>0739332 899.1906207
LT2X A-30/360
> 490000000 922.5887039 0.19220598 0 0.1
>9220598 897.1330824
LT2P A-30/360
> 100 1000 3648217.8 0 36
>48217.8 1000
LT2R-3 A-30/360
> 0 0 0 0
> 0 0
> Page 6 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
REMIC III
Certificate Payment Report for October 25, 2002 Distribution
Distribution in Dollars - to Date
>
> Current
Original Unsc
>heduled Scheduled Total Total Realized Deferred
> Principal
Class Face Value Interest Prin
>cipal Principal Principal Distribution Losses Interest
> Balance
(1) (2) (3)
> (4) (5)=(3)+(4) (6)=(2)+(5) (7) (8)
> (9)=(1)-(5)-(7)+(8)
LT2A 489999900 18696374.87
> 0 49389828.9 49389828.9 68086203.77 6765.84
> 0 440603304.2
LT2B 4900000 186827.18
> 0 504047.9 504047.9 690875.08 0
> 0 4395952.11
LT2S 0 1604166.69
> 0 0 0 1604166.69 0
> 0 0
LT2C 5100000 194731.57
> 0 503978.5535 503978.5535 698710.1235 68.34
> 0 4595954.08
LT2IO 0 1855072.87
> 0 0 0 1855072.87 0
> 0 0
LT2X 0 689980.9
> 0 0 0 689980.9 0
> 0 0
LT2P 100 1076261.45
> 0 0 0 1076261.45 0
> 0 100
LT2R-3 0 0
> 0 0 0 0 0
> 0 0
Total 500000000 24303415.53
> 0 50397855.35 50397855.35 74701270.88 6834.18
> 0 449595310.4
Interest Detail
Pass- Prior Principal
> Non- Prior Unscheduled Paid or
> Current
Through (with Notional) Accr
>ued Supported Unpaid Interest Optimal Deferred
> Unpaid
Class Rate Balance Inte
>rest Interest SF Interest Adjustments Interest Interest
> Interest
(1)
> (2) (3) (4) (5)=(1)-(2)+(3)(6)
> (7)=(5)-(6)
LT2A 0.069264238 452827093.6
> 2613726.95 0 0 0 2613726.95 261
>3726.95 0
LT2B 0.069264238 4520684.66
> 26093.48 0 0 0 26093.48 2
>6093.48 0
LT2S 0.055 50000000
> 229166.67 0 0 0 229166.67 22
>9166.67 0
LT2C 0.069264238 4720686.63
> 27247.9 0 0 0 27247.9
>27247.9 0
LT2IO 0.006588546 462068564.9
> 253696.66 0 0 0 253696.66 25
>3696.66 0
LT2X 0.0025 452068464.9
> 94180.93 0 0 0 94180.93 9
>4180.93 0
LT2P 0.069264238 100
> 364821.78 0 0 0 364821.78 36
>4821.78 0
LT2R-3 0.069264238 0
> 0 0 0 0 0
> 0 0
Total 1426205595
> 3608934.37 0 0 0 3608934.37 360
>8934.37 0
> Page 7 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
REMIC IV
Certificate Payment Report for October 25, 2002 Distribution
Distribution in Dollars - Current Period
Prio
>r
> Current
Class Original Prin
>cipal Total Realized Deferred
> Principal
Class Type Face Value Bala
>nce Interest Principal Distribution Losses Interest
> Balance
(1)
> (2) (3) (4)=(2)+(3) (5) (6)
> (7)=(1)-(3)-(5)+(6)
A 490000000
>452068464.9 736023.97 12473254.54 13209278.51 0
> 0 439595210.4
S 0
> 0 229166.67 0 229166.67 0
> 0 0
IO 0
> 0 94180.93 0 94180.93 0
> 0 0
CE 9999900
> 10000000 2184741.593 0 2184741.593 0
> 0 10000000
P 100
> 100 364821.2 0 364821.2 0
> 0 100
R-3 0
> 0 0 0 0 0
> 0 0
Total 500000000
>462068564.9 3608934.363 12473254.54 16082188.9 0
> 0 449595310.4
Interest Accrual Detail Curr
>ent Period Factor Information per $1,000 of Original Face
> Orig. PrincipalPrior
> Current
Period Period
> (with Notional)Principal Total
> Principal
Class Starting Ending Method Cusi
>p Balance Balance Interest Principal Distribu
>tion Balance
> (1) (2) (3) (4)=(2)+
>(3) (5)
A A-Act/360 3133
>9NND4 490000000 922.5887039 1.502089735 25.45562151 26.9
>5771124 897.1330824
S F-30/360 3133
>9NNF9 50000000 1000 4.5833334 0 4.
>5833334 1000
IO F-30/360 3133
>9NNE2 490000000 922.5887039 0.19220598 0 0.1
>9220598 897.1330824
CE A-30/360
> 9999900 1000.01 218.4763441 0 218.
>4763441 1000.01
P A-30/360
> 100 1000 3648212 0
>3648212 1000
R-3 A-30/360
> 0 0 0 0
> 0 0
> Page 8 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
REMIC IV
Certificate Payment Report for October 25, 2002 Distribution
Distribution in Dollars - to Date
>
> Current
Original Unsc
>heduled Scheduled Total Total Realized Deferred
> Principal
Class Face Value Interest Prin
>cipal Principal Principal Distribution Losses Interest
> Balance
(1) (2) (3)
> (4) (5)=(3)+(4) (6)=(2)+(5) (7) (8)
> (9)=(1)-(5)-(7)+(8)
A 490000000 5771752.11
>47758187.99 2646601.64 50404789.63 56176541.74 0
> 0 439595210.4
S 0 1604166.69
> 0 0 0 1604166.69 0
> 0 0
IO 0 689980.9
> 0 0 0 689980.9 0
> 0 0
CE 9999900 15154324.06
> 0 0 0 15154324.06 0
> 100 10000000
P 100 1076257.49
> 0 0 0 1076257.49 0
> 0 100
R-3 0 0
> 0 0 0 0 0
> 0 0
Total 500000000 24296481.25
>47758187.99 2646601.64 50404789.63 74701270.88 0
> 100 449595310.4
Interest Detail
Pass- Prior Principal
> Non- Prior Unscheduled Paid or
> Current
Through (with Notional) Accr
>ued Supported Unpaid Interest Optimal Deferred
> Unpaid
Class Rate Balance Inte
>rest Interest SF Interest Adjustments Interest Interest
> Interest
(1)
> (2) (3) (4) (5)=(1)-(2)+(3)(6)
> (7)=(5)-(6)
A 0.0195375 452068464.9
> 736023.97 0 0 0 736023.97 73
>6023.97 0
S 0.055 50000000
> 229166.67 0 0 0 229166.67 22
>9166.67 0
IO 0.0025 452068464.9
> 94180.93 0 0 0 94180.93 9
>4180.93 0
CE 0.056738119 10000000
>2184741.593 0 0 0 2184741.593 2184
>741.593 0
P 100
> 364821.2 0 0 0 364821.2 3
>64821.2 0
R-3 0
> 0 0 0 0 0
> 0 0
Total 964137029.8
>3608934.363 0 0 0 3608934.363 3608
>934.363 0
> Page 9 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Collection Account Report for October 25, 2002 Distribution
Collection Account Report
SUMMARY
> PREFUNDED POOL TOTAL
Principal Collections
> 4,145,298.86 8,327,955.68 12,473,254.54
Principal Other Accounts
> 0.00 0.00 0.00
TOTAL NET PRINCIPAL
> 4,145,298.86 8,327,955.68 12,473,254.54
Interest Collections
> 1,758,451.23 1,713,829.14 3,472,280.37
Interest Withdrawals
> 0.00 0.00 0.00
Interest Other Accounts
> 0.00 364,821.20 364,821.20
Interest Fees
> (41,841.71) (186,325.50) (228,167.21)
TOTAL NET INTEREST
> 1,716,609.52 1,892,324.84 3,608,934.36
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION
> 5,861,908.38 10,220,280.52 16,082,188.90
PRINCIPAL - COLLECTIONS
> PREFUNDED POOL TOTAL
Scheduled Principal Received
> 147,632.41 143,435.33 291,067.74
Prepayments In Full
> 3,980,861.33 8,177,676.66 12,158,537.99
Curtailments
> 16,805.12 6,843.69 23,648.81
Liquidations
> 0.00 0.00 0.00
Insurance Principal
> 0.00 0.00 0.00
Repurchased Principal Amounts
> 0.00 0.00 0.00
Other Principal
> 0.00 0.00 0.00
Total Realized Loss Of Principal
> 0.00 0.00 0.00
Delinquent Principal
> (80,363.67) (83,077.75) (163,441.42)
Advanced Principal
> 80,363.67 83,077.75 163,441.42
TOTAL PRINCIPAL COLLECTED
> 4,145,298.86 8,327,955.68 12,473,254.54
Page 10 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Collection Account Report for October 25, 2002 Distribution
Collection Account Report
PRINCIPAL - WITHDRAWALS
> PREFUNDED POOL TOTAL
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS
> PREFUNDED POOL TOTAL
Unutilized Pre-Funding Amount
> 0.00 0.00 0.00
TOTAL OTHER ACCOUNTS PRINCIPAL
> 0.00 0.00 0.00
INTEREST - COLLECTIONS
> PREFUNDED POOL TOTAL
Scheduled Interest
> 1,813,997.03 1,771,492.24 3,585,489.27
Liquidation Interest
> 0.00 0.00 0.00
Repurchased Interest
> 0.00 0.00 0.00
Insurance Interest
> 0.00 0.00 0.00
Other Interest
> 0.00 0.00 0.00
Relief Act Interest Shortfalls
> 0.00 0.00 0.00
Prepayment Interest Shortfalls
> (3,669.97) (3,122.27) (6,792.24)
Compensating Interest
> 3,669.97 3,122.27 6,792.24
Delinquent Interest
> (1,054,386.97) (1,099,133.21) (2,153,520.18)
Interest Advanced
> 998,841.17 1,041,470.11 2,040,311.28
TOTAL INTEREST COLLECTED
> 1,758,451.23 1,713,829.14 3,472,280.37
Page 11 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Collection Account Report for October 25, 2002 Distribution
Collection Account Report
INTEREST - WITHDRAWALS
> PREFUNDED POOL TOTAL
Extraordinary Trust Fund Expenses
> 0.00 0.00 0.00
Nonrecoverable Advances
> 0.00 0.00 0.00
TOTAL INTEREST WITHDRAWALS
> 0.00 0.00 0.00
INTEREST - OTHER ACCOUNTS
> PREFUNDED POOL TOTAL
Prepayment Charges
> 0.00 364,821.20 364,821.20
Capitalized Interest Requirement
> 0.00 0.00 0.00
Master Servicer Prepayment Charge Payment
> 0.00
TOTAL INTEREST OTHER ACCOUNTS
> 0.00 364,821.20 364,821.20
INTEREST - FEES
> PREFUNDED POOL TOTAL
Current Servicing Fees
> 41,841.71 37,477.96 79,319.67
Guarantee Fee Amount
> 146,922.25
Trustee Fee
> 1,925.29
Page 12 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Credit Enhancement Report for October 25, 2002 Distribution
Credit Enhancement Report
ACCOUNTS
> PREFUNDED POOL TOTAL
Reserve Account Balance
> 1,000.00
INSURANCE
> PREFUNDED POOL TOTAL
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES
> PREFUNDED POOL TOTAL
Overcollateralized Amount
> 10,000,000.00
Overcollateralization Release Amount
> 0.00
Overcollateralization Deficiency Amount
> 0.00
Overcollateralization Target Amount
> 10,000,000.00
Excess Overcollateralization Amount
> 0.00
Page 13 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Collateral Report for October 25, 2002 Distribution
Collateral Report
COLLATERAL
> PREFUNDED POOL TOTAL
Loan Count:
Original
> 1003 1880 2883
Prior
> 1924 1738 3662
Prefunding
> 0 0 0
Scheduled Paid Offs
> 0 0 0
Full Voluntary Prepayments
> -27 -57 -84
Repurchases
> 0 0 0
Liquidations
> 0 0 0
Current
> 1897 1681 3578
Principal Balance:
Original
> 124952741.4 250020088.4 374972829.9
Prior
> 233730038.9 228338526.1 462068564.9
Prefunding
> 0 0 0
Scheduled Principal
> -147632.41 -143435.33 -291067.74
Partial and Full Voluntary Prepayments
> -3997666.45 -8184520.35 -12182186.8
Repurchases
> 0 0 0
Liquidations
> 0 0 0
Current
> 229584740 220010570.4 449595310.4
PREFUNDING
> PREFUNDED POOL TOTAL
Pre-Funding Account Balance
> 0.00
Interest Coverage Account Balance
> 0.00
Pool
Prefunded
Current Prin Balance by Groups (in millions of dollars) Tota
>l Current Principal Balance (in millions of dollars)
Page 14 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Collateral Report for October 25, 2002 Distribution
Collateral Report
CHARACTERISTICS
> PREFUNDED POOL TOTAL
Weighted Average Coupon Original
> 0.093428883 0.093422229 0.093424446
Weighted Average Coupon Prior
> 0.093122171 0.093202968 0.093162408
Weighted Average Coupon Current
> 0.093132934 0.093098205 0.093115772
Weighted Average Months to Maturity Original
> 351 350 350.332598
Weighted Average Months to Maturity Prior
> 346 345 345.5058341
Weighted Average Months to Maturity Current
> 345 344 344.5106475
Weighted Avg Remaining Amortization Term Original
> 350.9220572 349.9616273 350.2810643
Weighted Avg Remaining Amortization Term Prior
> 345.7674211 344.6034902 345.1922461
Weighted Avg Remaining Amortization Term Current
> 344.8040949 343.529983 344.1806051
Weighted Average Seasoning Original
> 1.40348212 2.64665249 2.233176502
Weighted Average Seasoning Prior
> 5.86076076 7.63302288 6.736552257
Weighted Average Seasoning Current
> 6.86257132 8.62429206 7.724673695
Note: Original information refers to deal issue.
Pool
Prefunded
WAC by Groups Tota
>l WAC
WARAT by Groups Tota
>l WARAT
Note: Dates correspond to distribution dates.
Page 15 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Collateral Report for October 25, 2002 Distribution
Collateral Report
ARM CHARACTERISTICS
> PREFUNDED POOL TOTAL
Weighted Average Margin Original
> 0.05945348 0.05927666
Weighted Average Margin Prior
> 0.05951674 0.05912334
Weighted Average Margin Current
> 0.05952203 0.05916412
Weighted Average Max Rate Original
> 0.09342888 0.09342223
Weighted Average Max Rate Prior
> 0.12113922 0.09320297
Weighted Average Max Rate Current
> 0.12121908 0.0930982
Weighted Average Min Rate Original
> 0.09342888 0.09342223
Weighted Average Min Rate Prior
> 0.09120906 0.09320297
Weighted Average Min Rate Current
> 0.09125589 0.0930982
Weighted Average Cap Up Original
> 0.00917047 0.00918358
Weighted Average Cap Up Prior
> 0.00452399 0.00916189
Weighted Average Cap Up Current
> 0.00451426 0.0091729
Weighted Average Cap Down Original
> 0.00917047 0.00918358
Weighted Average Cap Down Prior
> 0.00452399 0.00916189
Weighted Average Cap Down Current
> 0.00451426 0.0091729
Note: Original information refers to deal issue.
SERVICING FEES / ADVANCES
> PREFUNDED POOL TOTAL
Current Servicing Fees
> 41,841.71 37,477.96 79,319.67
Delinquent Servicing Fees
> 55,545.81 57,663.10 113,208.91
TOTAL SERVICING FEES
> 97,387.52 95,141.06 192,528.58
Compensating Interest
> (3,669.97) (3,122.27) (6,792.24)
Delinquent Servicing Fees
> (55,545.81) (57,663.10) (113,208.91)
COLLECTED SERVICING FEES
> 38,171.74 34,355.69 72,527.43
Aggregate Advances with respect to this Distribution
> 1,079,204.84 1,124,547.86 2,203,752.70
ADDITIONAL COLLATERAL INFORMATION
> PREFUNDED POOL TOTAL
Net Prepayment Interest Shortfall
> 0.00 0.00 0.00
Page 16 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Delinquency Report for October 25, 2002 Distribution
Delinquency Report - Total
CURRENT 1 PA
>YMENT 2 PAYMTS 3+ PAYMTS TOTAL
DELINQUENT Balance
> 9292603.64 5909814.57 4217252 19419670.21
% Balance
>0.020668818 0.013144742 0.009380107 0.043193667
# Loans
> 69 46 36 151
% # Loans
>0.019284516 0.012856344 0.010061487 0.042202348
FORECLOSURE Balance 0
> 0 0 5936697.01 5936697.01
% Balance 0
> 0 0 0.013204535 0.013204535
# Loans 0
> 0 0 48 48
% # Loans 0
> 0 0 0.013415316 0.013415316
BANKRUPTCY Balance 1477637.07
> 153928.3 233407.94 1144667.88 3009641.19
% Balance 0.003286594
>0.000342371 0.000519151 0.002545996 0.006694112
# Loans 12
> 2 3 9 26
% # Loans 0.003353829
>0.000558971 0.000838457 0.002515372 0.007266629
REO Balance 0
> 0 0 75092.41 75092.41
% Balance 0
> 0 0 0.000167022 0.000167022
# Loans 0
> 0 0 1 1
% # Loans 0
> 0 0 0.000279486 0.000279486
TOTAL Balance 1477637.07
> 9446531.94 6143222.51 11373709.3 28441100.82
% Balance 0.003286594
>0.021011189 0.013663894 0.02529766 0.063259336
# Loans 12
> 71 49 94 226
% # Loans 0.003353829
>0.019843488 0.013694802 0.02627166 0.063163779
Note: Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 3+ Pay
>ments = 90+
> 6 Months Moving Average
1 or 2 Payments Delinquent 3 or
> More Payments Delinquent
Total Foreclosure Tota
>l Bankruptcy and REO
Note: Dates correspond to distribution dates.
Page 17 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Delinquency Report for October 25, 2002 Distribution
Delinquency Report - Pool Group
CURRENT 1 PA
>YMENT 2 PAYMTS 3+ PAYMTS TOTAL
DELINQUENT Balance
> 5290942.89 3146031.87 2409848.75 10846823.51
% Balance
>0.024048585 0.014299458 0.010953332 0.049301374
# Loans
> 34 24 18 76
% # Loans
>0.020226056 0.014277216 0.010707912 0.045211184
FORECLOSURE Balance 0
> 0 0 4238832.9 4238832.9
% Balance 0
> 0 0 0.019266497 0.019266497
# Loans 0
> 0 0 32 32
% # Loans 0
> 0 0 0.019036288 0.019036288
BANKRUPTCY Balance 770829.98
> 77117.84 165850.3 882003.89 1895802.01
% Balance 0.003503604
>0.000350519 0.000753829 0.004008916 0.008616868
# Loans 6
> 1 2 7 16
% # Loans 0.003569304
>0.000594884 0.001189768 0.004164188 0.009518144
REO Balance 0
> 0 0 75092.41 75092.41
% Balance 0
> 0 0 0.000341313 0.000341313
# Loans 0
> 0 0 1 1
% # Loans 0
> 0 0 0.000594884 0.000594884
TOTAL Balance 770829.98
> 5368060.73 3311882.17 7605777.95 17056550.83
% Balance 0.003503604
>0.024399104 0.015053287 0.034570057 0.077526052
# Loans 6
> 35 26 58 125
% # Loans 0.003569304
> 0.02082094 0.015466984 0.034503272 0.0743605
Note: Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 3+ Pay
>ments = 90+
> 6 Months Moving Average
1 or 2 Payments Delinquent 3 or
> More Payments Delinquent
Total Foreclosure Tota
>l Bankruptcy and REO
Note: Dates correspond to distribution dates.
Page 18 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Delinquency Report for October 25, 2002 Distribution
Delinquency Report - Prefunded Group
CURRENT 1 PA
>YMENT 2 PAYMTS 3+ PAYMTS TOTAL
DELINQUENT Balance
> 4001660.75 2763782.7 1807403.25 8572846.7
% Balance
>0.017429994 0.012038181 0.007872489 0.037340664
# Loans
> 35 22 18 75
% # Loans
>0.018450185 0.011597259 0.009488666 0.03953611
FORECLOSURE Balance 0
> 0 0 1697864.11 1697864.11
% Balance 0
> 0 0 0.00739537 0.00739537
# Loans 0
> 0 0 16 16
% # Loans 0
> 0 0 0.00843437 0.00843437
BANKRUPTCY Balance 706807.09
> 76810.46 67557.64 262663.99 1113839.18
% Balance 0.003078633
>0.000334563 0.00029426 0.001144083 0.004851538
# Loans 6
> 1 1 2 10
% # Loans 0.003162889
>0.000527148 0.000527148 0.001054296 0.005271481
REO Balance 0
> 0 0 0 0
% Balance 0
> 0 0 0 0
# Loans 0
> 0 0 0 0
% # Loans 0
> 0 0 0 0
TOTAL Balance 706807.09
> 4078471.21 2831340.34 3767931.35 11384549.99
% Balance 0.003078633
>0.017764557 0.012332441 0.016411942 0.049587573
# Loans 6
> 36 23 36 101
% # Loans 0.003162889
>0.018977333 0.012124407 0.018977333 0.053241961
Note: Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 3+ Pay
>ments = 90+
> 6 Months Moving Average
1 or 2 Payments Delinquent 3 or
> More Payments Delinquent
Total Foreclosure Tota
>l Bankruptcy and REO
Note: Dates correspond to distribution dates.
Page 19 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
REO Report for October 25, 2002 Distribution
REO Report - Mortgage Loans that Become REO During Current Dis
>tribution
SUMMARY LOAN GROUP
Total Loan Count = 1 Loan Group 1
>= Pool Group; REO Book Value = Not Available
Total Original Principal Balance = 75,820.00 Loan Group 2
> = Prefunded Group; REO Book Value = Not Available
Total Current Balance = 75,092.41
REO Book Value = Not Available
REO Book Value reported corresponds to total REO loans, including loans that be
>come REO during current distribution.
Loan Number Original Stated Curr
>ent State &
& Principal Principal Paid to Note
> LTV at Original Origination
Loan Group Balance Balance Date Rate
> Origination Term Date
33616137 1 75820 75092.41 37347
> 0.119ND - 85.00% 240 37256
Page 20 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Foreclosure Report for October 25, 2002 Distribution
Foreclosure Report - Mortgage Loans that Become Foreclosure Du
>ring Current Distribution
SUMMARY LOAN GROUP
Total Loan Count = 25 Loan Group 1
>= Pool Group
Total Original Principal Balance = 2,920,400.00 Loan Group 2
> = Prefunded Group
Total Current Balance = 2,910,106.85
Loan Number Original Stated Curr
>ent State &
& Principal Principal Paid to Note
> LTV at Original Origination
Loan Group Balance Balance Date Rate
> Origination Term Date
31804818 1 144000 143362.57 37377
> 0.1099CO - 80.00% 360 37195
33225384 1 51750 51563.67 37347
> 0.1115MI - 75.00% 360 37225
33259193 1 59500 59295.32 37347
> 0.1085NY - 85.00% 360 37224
33346339 1 96050 95674.83 37316
> 0.1025OH - 85.00% 360 37256
33426735 1 159000 158234.78 37377
> 0.0925CO - 82.81% 360 37253
33444928 1 227000 225852.04 37347
> 0.09009NY - 79.79% 360 37251
33463365 1 86250 86003.07 37316
> 0.11699WA - 75.00% 360 37256
33486028 1 127800 127385.46 37347
> 0.1055OR - 90.00% 360 37278
33503459 1 89000 88685.7 37377
> 0.1015MI - 63.57% 360 37266
33625039 1 96000 95732.54 37347
> 0.11259OK - 75.00% 360 37287
33629981 1 63050 62773.55 37377
> 0.097AZ - 65.00% 360 37256
33734997 1 270000 269400.75 37347
> 0.123NY - 60.00% 360 37264
33794017 1 206250 205345.88 37377
> 0.097CA - 75.00% 360 37256
34001701 1 136000 135577.25 37347
> 0.1075NE - 80.00% 360 37287
34136770 1 73000 72854.97 37377
> 0.128CA - 58.40% 360 37287
34238287 1 68000 67734.03 37347
> 0.09FL - 85.00% 360 37312
32949117 2 196000 195271.37 37347
> 0.10999KY - 80.00% 360 37222
33137910 2 108750 108320.67 37316
> 0.102CA - 75.00% 360 37256
34071449 2 71250 71057.46 37347
> 0.10759RI - 75.00% 360 37299
34135053 2 92000 91599.76 37377
> 0.0915IL - 74.80% 360 37312
34275529 2 170850 170306.37 37347
> 0.0999CO - 85.00% 360 37298
34393520 2 73600 73366.24 37377
> 0.1IN - 80.00% 360 37302
34542589 2 66300 66120.5 37347
> 0.1075IL - 78.93% 360 37314
34748111 2 108750 108496.05 37377
> 0.107CO - 70.62% 360 37346
35068709 2 80250 80092.02 37377
> 0.1149CO - 75.00% 360 37346
Page 21 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Prepayment Report for October 25, 2002 Distribution
Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENTS
> PREFUNDED POOL TOTAL
Current
Number of Paid in Full Loans
> 27 57 84
Number of Repurchased Loans
> 0 0 0
Total Number of Loans Prepaid in Full
> 27 57 84
Paid in Full Balance
> 3980861.33 8177676.66 12158537.99
Repurchased Loans Balance
> 0 0 0
Curtailments Amount
> 16805.12 6843.69 23648.81
Total Prepayment Amount
> 3997666.45 8184520.35 12182186.8
Cumulative
Number of Paid in Full Loans
> 94 169 263
Number of Repurchased Loans
> 41 29 70
Total Number of Loans Prepaid in Full
> 135 198 333
Paid in Full Balance
> 13540173.51 24598914.9 38139088.41
Repurchased Loans Balance
> 5114849.32 4115621.43 9230470.75
Curtailments Amount
> 137892.33 87912.28 225804.61
Total Prepayment Amount
> 18792915.16 28802448.61 47595363.77
SPACE INTENTIONALLY LEFT BLANK
Total Prepayments by Groups (in thousands of dollars) Tota
>l Prepayments (in thousands of dollars)
Page 22 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Prepayment Report for October 25, 2002 Distribution
Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENT RATES
> PREFUNDED POOL TOTAL
SMM
> 0.017114587 0.03586633 0.026381075
3 Months Avg SMM
> 0.012557016 0.024973942 0.018712902
12 Months Avg SMM
Avg SMM Since Cut-off
> 0.011675344 0.017392228 0.014439452
CPR
> 0.187104581 0.354870355 0.274448767
3 Months Avg CPR
> 0.140700929 0.261764934 0.202826109
12 Months Avg CPR
Avg CPR Since Cut-off
> 0.131448529 0.18985578 0.160153873
PSA
> 13.63225036 20.57388317 17.76442464
3 Months Avg PSA Approximation
> 12.00201001 17.1481169 15.05509673
12 Months Avg PSA Approximation
Avg PSA Since Cut-off Approximation
> 16.66673747 16.83468386 16.62699669
Pool
Prefunded
CPR by Groups Tota
>l CPR
PSA by Groups Tota
>l PSA
Page 23 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Prepayment Report for October 25, 2002 Distribution
Prepayment Report - Voluntary Prepayments
Pool
Prefunded
CPR Avg since Cut-Off by Groups Tota
>l CPR Avg since Cut-Off
PSA Avg since Cut-Off by Groups Tota
>l PSA Avg since Cut-Off
PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full p
>repayments + Repurchases)/(Beg Principal Balance - Sched Principal)
Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))
Average SMM over period between nth month and mth month (AvgSMMn
>,m): [(1-SMMn) * (1-SMMn+1) *.......*(1-SMMm)]^(1/months in period n,m)
Average CPR over period between the nth month and mth month (Avg
>CPRn,m): 1-((1-AvgSMMn,m)^12)
Average PSA Approximation over period between the nth month and
>mth month: AvgCPRn,m/(0.02*Avg WASn,m))
Average WASn,m: (min(30,WASn)+min(30,WASn+1)+.......+min(30,W
>ASm)/(number of months in the period n,m)
Weighted Average Seasoning (WAS)
Note: Prepayment rates are calculated since deal issue date and
> include partial and full voluntary prepayments and repurchases.
Dates correspond to distribution dates.
Page 24 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Prepayment Detail Report for October 25, 2002 Distribution
Prepayment Detail Report - Loans Prepaid in Full During Curren
>t Distribution
SUMMARY
> LOAN GROUP
Total Loan Count = 84
> Loan Group 1 = Pool Group
Total Original Principal Balance = 12,220,179.00
> Loan Group 2 = Prefunded Group
Total Prepayment Amount = 12,158,537.99
Loan Number Original
> Current State & Type Prepayment
& Loan Principal Prepayment Prep
>ayment Note LTV at & Origination
Loan Group Status Balance Amount Date
> Rate Origination Original Term Date
32008013 1 127500 126243.59
> 37530 0.0975CA - 85.00% Paid Off - 36 37175
32328809 1 215500 212941.7
> 37530 0.0699CA - 76.96% Paid Off - 36 37186
32454787 1 255000 254005.9
> 37530 0.10259CA - 85.00% Paid Off - 36 37225
32463648 1 160000 155230.97
> 37537 0.0799TX - 74.42% Paid Off - 18 37195
32540643 1 214000 212395.04
> 37538 0.0759CA - 73.79% Paid Off - 36 37193
32547416 1 150500 150135.28
> 37526 0.119NY - 70.00% Paid Off - 36 37256
32668675 1 208000 207014.06
> 37529 0.0985MN - 80.00% Paid Off - 36 37195
32683054 1 300000 297769.66
> 37530 0.087CA - 58.82% Paid Off - 36 37202
32716490 1 130000 129048.33
> 37539 0.0716CO - 74.29% Paid Off - 36 37204
32744781 1 78750 78338.59
> 37510 0.0885CA - 75.00% Paid Off - 36 37225
32749236 1 104280 103664.74
> 37530 0.0825AZ - 79.00% Paid Off - 36 37225
32767980 1 72000 71769.62
> 37538 0.1065NY - 36.18% Paid Off - 36 37244
32817355 1 70400 70147.24
> 37536 0.1065PA - 80.00% Paid Off - 36 37225
32935728 1 148500 147578.73
> 37530 0.07999IL - 90.00% Paid Off - 36 37218
32981433 1 230000 228573.14
> 37530 0.07999MA - 77.97% Paid Off - 36 37216
33157132 1 97500 97131.75
> 37522 0.099MI - 75.00% Paid Off - 36 37252
33165853 1 130000 129193.64
> 37533 0.08CA - 57.78% Paid Off - 36 37225
33198318 1 105000 104509.22
> 37510 0.088MN - 70.00% Paid Off - 36 37251
33216284 1 227000 226373.18
> 37529 0.113CA - 57.47% Paid Off - 36 37246
33242959 1 138000 137590.58
> 37530 0.10999NY - 67.32% Paid Off - 36 37238
33403890 1 97500 96949.9
> 37523 0.072CA - 86.67% Paid Off - 36 37281
33424102 1 96050 95789.96
> 37529 0.1075AL - 85.00% Paid Off - 36 37281
33427857 1 50000 49864.58
> 37525 0.1075MA - 37.88% Paid Off - 36 37285
33455015 1 105600 105030.93
> 37530 0.1015MA - 80.00% Paid Off - 36 37256
33535329 1 166500 165860.52
> 37530 0.0975CA - 90.00% Paid Off - 36 37256
33547233 1 90000 88203.3
> 37523 0.0995IL - 75.00% Paid Off - 18 37253
33555046 1 103000 102554.63
> 37511 0.08509NY - 40.39% Paid Off - 36 37287
33582628 1 95200 94750.48
> 37522 0.0875MI - 79.33% Paid Off - 36 37256
33608134 1 240000 238787.95
> 37532 0.0775CA - 84.21% Paid Off - 36 37284
33637448 1 86400 85579.88
> 37518 0.09799NJ - 80.00% Paid Off - 36 37279
33713082 1 112500 111980.9
> 37531 0.08959IL - 75.00% Paid Off - 36 37256
33715624 1 112500 111982.12
> 37530 0.082CA - 90.00% Paid Off - 36 37281
33760166 1 71000 69735.11
> 37510 0.1FL - 63.39% Paid Off - 36 37256
33811134 1 51500 51341.57
> 37530 0.1015IA - 68.67% Paid Off - 36 37284
33812892 1 130000 129344.1
> 37532 0.1025MA - 47.10% Paid Off - 36 37279
33816745 1 78400 77617.05
> 37530 0.065OH - 80.00% Paid Off - 36 37287
33837493 1 255000 253802.34
> 37524 0.081CA - 71.83% Paid Off - 36 37281
33843137 1 68000 67755.17
> 37530 0.094MA - 74.73% Paid Off - 36 37285
33861477 1 71000 70762.41
> 37529 0.0975MA - 54.62% Paid Off - 36 37278
33879545 1 172700 171689.61
> 37530 0.0825CT - 65.17% Paid Off - 36 37284
33891474 1 108750 108244.35
> 37539 0.0815CO - 75.00% Paid Off - 36 37279
33967530 1 68400 68244.5
> 37532 0.1156WA - 90.00% Paid Off - 36 37287
33974924 1 120700 120300.24
> 37538 0.098AZ - 85.00% Paid Off - 36 37271
33976929 1 207000 206512.88
> 37538 0.114FL - 88.09% Paid Off - 36 37279
Page
> 25 of 31 COPYRIGHT 2002 Deutsc
>he Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Prepayment Detail Report for October 25, 2002 Distribution
Prepayment Detail Report - Loans Prepaid in Full During Curren
>t Distribution
Loan Number Original
> Current State &
& Loan Principal Prepayment Prep
>ayment Note LTV at Original Origination
Loan Group Status Balance Amount Date
> Rate Origination Term Date
34037713 1 135000 134211.88
> 37537 0.095CO - 73.77% Paid Off - 36 37287
34073445 1 127500 127158.42
> 37530 0.10799RI - 85.00% Paid Off - 36 37287
34098483 1 300400 299813.11
> 37531 0.1225NY - 69.86% Paid Off - 36 37287
34116822 1 146400 146097.82
> 37526 0.12MN - 80.00% Paid Off - 36 37287
34118554 1 256000 255159.22
> 37523 0.09999NY - 78.77% Paid Off - 36 37287
34125484 1 71000 70703.21
> 37530 0.08555NH - 51.45% Paid Off - 36 37315
34146894 1 217000 216149.63
> 37512 0.0899CA - 70.00% Paid Off - 36 37287
34149740 1 188000 187330.11
> 37529 0.0945CA - 80.00% Paid Off - 36 37287
34180422 1 262500 261514.93
> 37531 0.092NY - 78.36% Paid Off - 36 37286
34223412 1 152000 151542.18
> 37524 0.1025OH - 80.00% Paid Off - 36 37287
34262600 1 142200 141589.36
> 37525 0.0855CA - 90.00% Paid Off - 36 37287
34432328 1 125000 124603.58
> 37519 0.0925MA - 67.57% Paid Off - 36 37314
34468496 1 180000 179463.77
> 37530 0.0955CT - 56.25% Paid Off - 36 37315
33572017 2 300699 299204.79
> 37529 0.085MA - 84.70% Paid Off - 36 37245
33603309 2 56250 56140.56
> 37515 0.129FL - 75.00% Paid Off - 36 37256
33622325 2 50000 49930.66
> 37530 0.144PA - 41.67% Paid Off - 36 37256
33926379 2 175000 174414.33
> 37530 0.0899MA - 59.32% Paid Off - 36 37295
34091173 2 85500 84513.73
> 37515 0.08575CA - 90.00% Paid Off - 24 37287
34225813 2 115200 112891.82
> 37511 0.065IL - 90.00% Paid Off - 18 37313
34253963 2 50400 50320.55
> 37524 0.125TX - 60.00% Paid Off - 36 37301
34474445 2 157500 156957.54
> 37531 0.0885MA - 70.00% Paid Off - 36 37300
34490094 2 101000 100585.7
> 37538 0.0799CA - 69.66% Paid Off - 36 37307
34526541 2 240000 239242.82
> 37529 0.09275NY - 69.57% Paid Off - 36 37315
34578609 2 220000 219143.66
> 37532 0.0825CA - 80.00% Paid Off - 36 37315
34625947 2 157000 156659.3
> 37522 0.1115RI - 43.61% Paid Off - 36 37314
34648873 2 123000 122588.34
> 37525 0.0899CO - 74.55% Paid Off - 36 37315
34666495 2 265500 264502.38
> 37532 0.075CA - 90.00% Paid Off - 36 37343
34681791 2 164000 163623.98
> 37539 0.0999MA - 80.00% Paid Off - 36 37340
34702845 2 72000 71768.73
> 37530 0.092AZ - 95.00% Paid Off - 36 37322
34721050 2 163800 162523.56
> 37512 0.06999CA - 71.22% Paid Off - 36 37315
34724682 2 60000 59566.1
> 37532 0.10726IL - 40.00% Paid Off - 36 37315
34781336 2 70000 69251.25
> 37510 0.115MA - 79.55% Paid Off - 18 37343
34804781 2 216750 216117.28
> 37525 0.0875MD - 85.00% Paid Off - 36 37337
34824425 2 250000 249437.58
> 37536 0.09999NY - 79.37% Paid Off - 36 37330
34831495 2 93700 93560.17
> 37533 0.119MI - 74.96% Paid Off - 36 37334
34832857 2 119700 119165.78
> 37511 0.09999IL - 70.00% Paid Off - 36 37336
34887281 2 215050 214428.67
> 37515 0.088CA - 85.00% Paid Off - 36 37336
34908202 2 161500 161068.87
> 37518 0.095NY - 85.00% Paid Off - 36 37329
35184704 2 54000 53937.61
> 37539 0.1305OH - 60.00% Paid Off - 36 37340
35244698 2 260000 259315.57
> 37516 0.0925CO - 86.67% Paid Off - 36 37343
Page
> 26 of 31 COPYRIGHT 2002 Deutsc
>he Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Realized Loss Report for October 25, 2002 Distribution
Realized Loss Report - Collateral
COLLATERAL REALIZED LOSSES
> PREFUNDED POOL TOTAL
Current
Number of Loans Liquidated
> 0 0 0
Collateral Realized Loss/(Gain) Amount
> 0 0 0
Net Liquidation Proceeds
> 0 0 0
Cumulative
Number of Loans Liquidated
> 0 1 1
Collateral Realized Loss/(Gain) Amount
> 0 6834.18 6834.18
Net Liquidation Proceeds
> 0 155990.04 155990.04
Note: Collateral realized losses may include adjustments to loan
>s liquidated in prior periods.
SPACE INTENTIONALLY LEFT BLANK
Pool
> 3 Months Moving Average
Prefunded
Collateral Loss Severity Approximation by Groups Coll
>ateral Loss Severity Approximation
Page 27 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Realized Loss Report for October 25, 2002 Distribution
Realized Loss Report - Collateral
DEFAULT SPEEDS
> PREFUNDED POOL TOTAL
MDR
> 0 0 0
3 Months Avg MDR
> 0 0.000231378 0.000115213
12 Months Avg MDR
Avg MDR Since Cut-off
> 0 9.91687E-05 4.93786E-05
CDR
> 0 0 0
3 Months Avg CDR
> 0 0.002773011 0.001381681
12 Months Avg CDR
Avg CDR Since Cut-off
> 0 0.001189376 0.000592383
SDA
> 0 0 0
3 Months Avg SDA Approximation
> 0 0.018165883 0.010255749
12 Months Avg SDA Approximation
Avg SDA Since Cut-off Approximation
> 0 0.010546306 0.006150052
Loss Severity Approximation for Current Period
3 Months Avg Loss Severity Approximation
> 0.041972748 0.041972748
12 Months Avg Loss Severity Approximation
Avg Loss Severity Approximation Since Cut-off
> 0.041972748 0.041972748
Pool
Prefunded
CDR by Groups Tota
>l CDR
SDA by Groups Tota
>l SDA
Page 28 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Realized Loss Report for October 25, 2002 Distribution
Realized Loss Report - Collateral
Pool
Prefunded
CDR Avg since Cut-Off by Groups Tota
>l CDR Avg since Cut-Off
SDA Avg since Cut-Off by Groups Tota
>l SDA Avg since Cut-Off
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
Monthly Default Rate (MDR): (Beg Principal Balance of Liquida
>ted Loans)/(Total Beg Principal Balance)
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)*0.
>02,MAX(0.03,MIN(30,WAS)*0.02-0.0095*(WAS-60)))
Average MDR over period between nth month and mth month (AvgMDRn
>,m): [(1-MDRn) * (1-MDRn+1) *.......*(1-MDRm)]^(1/months in period n,m)
Average CDR over period between the nth month and mth month (Avg
>CDRn,m): 1-((1-AvgMDRn,m)^12)
Average SDA Approximation over period between the nth month and
>mth month:
AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)*0.02,MAX
>(0.03,MIN(30,Avg WASn,m)*0.02-0.0095*(Avg WASn,m-60)))
Average WASn,m: (WASn + WASn+1 +.......+ WASm )/(number of mo
>nths in the period n,m)
Loss Severity Approximation for current period: sum(Realized Los
>s Amount)/sum(Beg Principal Balance of Liquidated Loans)
Average Loss Severity Approximation over period between nth mont
>h and mth month: Avg(Loss Severityn,m)
Note: Default rates are calculated since deal issue date and in
>clude realized gains and additional realized losses and gains from prior period
>s.
Dates correspond to distribution dates.
Page 29 of 31
> COPYRIGHT 2002 Deutsche Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Realized Loss Detail Report for October 25, 2002 Distribution
Realized Loss Detail Report - Loans Liquidated During Current
>Distribution
SUMMARY
> LOAN GROUP
Total Loan Count = 0
> Loan Group 1 = Pool Group
Total Original Principal Balance = 0.00
> Loan Group 2 = Prefunded Group
Total Prior Principal Balance = 0.00
Total Realized Loss Amount = 0.00
Total Net Liquidation Proceeds = 0.00
Loan Number Original Prior
> Current State &
& Loan Principal Principal Real
>ized Note LTV at Original Origination
Loan Group Status Balance Balance Loss
>/(Gain) Rate Origination Term Date
SPACE INTENTIONALLY LEFT BLANK
Page
> 30 of 31 COPYRIGHT 2002 Deutsc
>he Bank
Ameriquest Mortgage Securities Inc. 2002-A
Asset Backed Certificates
Triggers, Adj. Rate Cert. and Miscellaneous Report for October 2
>5, 2002 Distribution
Triggers, Adj. Rate Cert. and Miscellaneous Report
TRIGGER EVENTS
> PREFUNDED POOL TOTAL
Stepdown Date has occurred
> No
Three Month Rolling Delinquency Percentage
> 8.37%
ADJUSTABLE RATE CERTIFICATE INFORMATION
> PREFUNDED POOL TOTAL
Class A Next Rate
> 1.95%
ADDITIONAL INFORMATION
> PREFUNDED POOL TOTAL
Net WAC Rate Carryover Amt: Class A
> 0.00
Net WAC Rate Carryover Amt: Class A unpaid
> 0.00
Libor for Current Period
> 1.81%
Page 31 of 31
> COPYRIGHT 2002 Deutsche Bank