<PAGE>
                                                                    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 2002-11
                          RECORD DATE: JANUARY 31, 2003
                      DISTRIBUTION DATE: FEBRUARY 20, 2003



                     CERTIFICATEHOLDER DISTRIBUTION SUMMARY


<TABLE>
<CAPTION>
                                       Certificate Class   Certificate
        Class             CUSIP          Description       Pass-Through Rate
        -----             -----          -----------       -----------------
<S>                     <C>            <C>                 <C>
          A             81744AAA6            SEN            1.81125%
        X-1A            81744AAC2            IO             0.95850%
        X-1B            81744AAD0            IO             1.51836%
         X-B            81744AAE8            IO             0.84313%
         A-R            81744AAF5            SEN            3.30089%
         B-1            81744AAB4            SUB            2.33125%
         B-2            81744AAG3            SUB            3.17438%
         B-3            81744AAH1            SUB            3.17438%
         B-4            SMT0211B4            SUB            3.17438%
         B-5            SMT0211B5            SUB            3.17438%
         B-6            SMT0211B6            SUB            3.17438%
</TABLE>



<TABLE>
<CAPTION>
                                                                       Current        Ending                         Cumulative
                Beginning Certificate     Interest       Principal     Realized     Ceritifcate         Total        Realized
       Class           Balance          Distribution   Distribution    Loss           Balance        Distribution    Loss
       -----           -------          ------------   ------------    ----           -------        ------------    ----
<S>             <C>                    <C>             <C>             <C>         <C>               <C>             <C>
          A        685,980,549.47      1,035,401.89    4,533,881.08    0.00        681,446,668.39    5,569,282.97    0.00
        X-1A                 0.00        151,918.31            0.00    0.00                  0.00      151,918.31    0.00
        X-1B                 0.00        627,317.84            0.00    0.00                  0.00      627,317.84    0.00
         X-B                 0.00          6,833.60            0.00    0.00                  0.00        6,833.60    0.00
         A-R                 0.00              0.00            0.00    0.00                  0.00            0.00    0.00
         B-1         9,726,000.00         18,894.78            0.00    0.00          9,726,000.00       18,894.78    0.00
         B-2         5,764,000.00         15,247.62            0.00    0.00          5,764,000.00       15,247.62    0.00
         B-3         3,962,000.00         10,480.76            0.00    0.00          3,962,000.00       10,480.76    0.00
         B-4         1,801,000.00          4,764.22            0.00    0.00          1,801,000.00        4,764.22    0.00
         B-5         1,080,000.00          2,856.95            0.00    0.00          1,080,000.00         2,85695    0.00
         B-6         2,882,787.00          7,625.89            0.00    0.00          2,882,787.00        7,625.89    0.00
         ---         ------------          --------            ----    ----          ------------        --------    ----
        Totals     711,196,336.47      1,881,341.86    4,533,881.08    0.00        706,662,455.39    6,415,222.94    0.00
                   ==============      ============    ============    ====        ==============    ============    ====
</TABLE>


All distributions required by the Pooling and Servicing Agreement have been
calculated by the Certificate Administrator on behalf of the Trustee.
<PAGE>
                        PRINCIPAL DISTRIBUTION STATEMENT

<TABLE>
<CAPTION>
                                                   Beginning           Scheduled       Unscheduled
                          Original Face            Certificate         Principal        Principal
        Class               Amount                 Balance            Distribution     Distribution
        -----               ------                 -------            ------------     ------------
<S>                      <C>                     <C>                  <C>              <C>
          A              695,210,000.00          685,980,549.47          2.93          4,533,878.15
        X-1A                       0.00                    0.00          0.00                  0.00
        X-1B                       0.00                    0.00          0.00                  0.00
         X-B                       0.00                    0.00          0.00                  0.00
         A-R                     100.00                    0.00          0.00                  0.00
         B-1               9,726,000.00            9,726,000.00          0.00                  0.00
         B-2               5,726,000.00            5,764,000.00          0.00                  0.00
         B-3               3,962,000.00            3,962,000.00          0.00                  0.00
         B-4               1,801,000.00            1,801,000.00          0.00                  0.00
         B-5               1,080,000.00            1,080,000.00          0.00                  0.00
         B-6               2,882,787.00            2,882,787.00          0.00                  0.00
         ---               ------------            ------------          ----                  ----
        Totals           720,425,887.00          711,196,336.47          2.93          4,533,878.15
                         ==============          ==============          ====          ============
</TABLE>

<TABLE>
<CAPTION>
                                                                                                    Ending
                                     Realized       Total Principal      Ending Certificate       Certificate       Total Principal
        Class         Accretion      Loss (1)          Reduction               Balance            Percentage         Distribution
        -----         ---------      --------          ---------               -------            ----------         ------------
<S>                   <C>            <C>            <C>                  <C>                      <C>               <C>
          A              0.00          0.00          4,533,881.08          681,446,668.39         0.98020263        4,533,881.08
        X-1A             0.00          0.00                  0.00                    0.00         0.00000000                0.00
        X-1B             0.00          0.00                  0.00                    0.00         0.00000000                0.00
         X-B             0.00          0.00                  0.00                    0.00         0.00000000                0.00
         A-R             0.00          0.00                  0.00                    0.00         0.00000000                0.00
         B-1             0.00          0.00                  0.00            9,726,000.00         1.00000000                0.00
         B-2             0.00          0.00                  0.00            5,764,000.00         1.00000000                0.00
         B-3             0.00          0.00                  0.00            3,962,000.00         1.00000000                0.00
         B-4             0.00          0.00                  0.00            1,801,000.00         1.00000000                0.00
         B-5             0.00          0.00                  0.00            1,080,000.00         1.00000000                0.00
         B-6             0.00          0.00                  0.00            2,882,787.00         1.00000000                0.00
         ---             ----          ----                  ----            ------------         ----------                ----
        Totals           0.00          0.00          4,533,881.08          706,662,455.39         0.98089542        4,533,881.08
                         ====          ====          ============          ==============         ==========        ============
</TABLE>




(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

<TABLE>
<CAPTION>
                                                               Scheduled           Unscheduled
                    Original Face   Beginning Certificate      Principal           Principal
Class                  Amount              Balance            Distribution         Distribution
-----                  ------              -------            ------------         ------------
<S>                <C>              <C>                       <C>                  <C>
  A                695,210,000.00        986.72422645          0.00000421          6.52159513
X-1A                         0.00          0.00000000          0.00000000          0.00000000
X-1B                         0.00          0.00000000          0.00000000          0.00000000
 X-B                         0.00          0.00000000          0.00000000          0.00000000
 A-R                       100.00       1000.00000000          0.00000000          0.00000000
 B-1                 9,726,000.00       1000.00000000          0.00000000          0.00000000
 B-2                 5,764,000.00       1000.00000000          0.00000000          0.00000000
 B-3                 3,962,000.00       1000.00000000          0.00000000          0.00000000
 B-4                 1,801,000.00       1000.00000000          0.00000000          0.00000000
 B-5                 1,080,000.00       1000.00000000          0.00000000          0.00000000
 B-6                 2,882,787.00       1000.00000000          0.00000000          0.00000000
</TABLE>


<TABLE>
<CAPTION>
                                                                                    Ending              Ending            Total
                                           Realized          Total Principal      Certificate         Certificate       Principal
Class                  Accretion           Loss (3)            Reduction            Balance           Percentage      Distribution
-----                  ---------           --------            ---------            -------           ----------      ------------
<S>                    <C>                 <C>               <C>                 <C>                  <C>             <C>
  A                    0.00000000          0.00000000          6.52159934         980.20262711        0.98020263       6.52159934
X-1A                   0.00000000          0.00000000          0.00000000           0.00000000        0.00000000       0.00000000
X-1B                   0.00000000          0.00000000          0.00000000           0.00000000        0.00000000       0.00000000
 X-B                   0.00000000          0.00000000          0.00000000           0.00000000        0.00000000       0.00000000
 A-R                   0.00000000          0.00000000          0.00000000           0.00000000        0.00000000       0.00000000
 B-1                   0.00000000          0.00000000          0.00000000        1000.00000000        1.00000000       0.00000000
 B-2                   0.00000000          0.00000000          0.00000000        1000.00000000        1.00000000       0.00000000
 B-3                   0.00000000          0.00000000          0.00000000        1000.00000000        1.00000000       0.00000000
 B-4                   0.00000000          0.00000000          0.00000000        1000.00000000        1.00000000       0.00000000
 B-5                   0.00000000          0.00000000          0.00000000        1000.00000000        1.00000000       0.00000000
 B-6                   0.00000000          0.00000000          0.00000000        1000.00000000        1.00000000       0.00000000
</TABLE>


(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.
<PAGE>
                         INTEREST DISTRIBUTION STATEMENT

<TABLE>
<CAPTION>
                                                                                                     Payment of
                                           Current         Beginning                Current            Unpaid
                   Original Face         Certificate      Certificate/              Accrued           Interest
Class                Amount                 Rate         Notional Balance           Interest          Shortfall
-----                ------                 ----         ----------------           --------          ---------
<S>                <C>                   <C>             <C>                      <C>                <C>
   A               695,210,000.00          1.81125%       685,980,549.47          1,035,401.89          0.00
 X-1A                        0.00          0.95850%       190,196,078.85            151,918.31          0.00
 X-1B                        0.00          1.51836%       495,784,470.62            627,317.84          0.00
  X-B                        0.00          0.84313%         9,726,000.00              6,833.60          0.00
  A-R                      100.00          3.30089%                 0.00                  0.00          0.00
  B-1                9,726,000.00          2.33125%         9,726,000.00             18,894.78          0.00
  B-2                5,764,000.00          3.17438%         5,764,000.00             15,247.62          0.00
  B-3                3,962,000.00          3.17438%         3,962,000.00             10,480.76          0.00
  B-4                1,801,000.00          3.17438%         1,801,000.00              4,764.22          0.00
  B-5                1,080,000.00          3.17438%         1,080,000.00              2,856.95          0.00
  B-6                2,882,787.00          3.17438%         2,882,787.00              7,625.89          0.00
  ---                ------------          --------         ------------              --------          ----
Totals             720,425,887.00                                                 1,881,341.86          0.00
                   ==============                                                 ============          ====
</TABLE>

<TABLE>
<CAPTION>
                  Current           Non-Supported                                       Remaining
                 Interest             Interest        Realized       Total Interest   Unpaid Interest   Ending Certificate/
Class            Shortfall            Shortfall       Loss (4)       Distribution        Shortfall      Notational Balance
-----            ---------            ---------       --------       ------------        ---------      ------------------
<S>              <C>                <C>               <C>            <C>              <C>               <C>
   A               0.00                  0.00          0.00          1,035,401.89          0.00          681,446,668.39
 X-1A              0.00                  0.00          0.00            151,918.31          0.00          189,577,188.85
 X-1B              0.00                  0.00          0.00            627,317.84          0.00          491,869,479.54
  X-B              0.00                  0.00          0.00              6,833.60          0.00            9,726,000.00
  A-R              0.00                  0.00          0.00                  0.00          0.00                    0.00
  B-1              0.00                  0.00          0.00             18,894.78          0.00            9,726,000.00
  B-2              0.00                  0.00          0.00             15,247.62          0.00            5,764,000.00
  B-3              0.00                  0.00          0.00             10,480.76          0.00            3,962,000.00
  B-4              0.00                  0.00          0.00              4,764.22          0.00            1,801,000.00
  B-5              0.00                  0.00          0.00              2,856.95          0.00            1,080,000.00
  B-6              0.00                  0.00          0.00              7,625.89          0.00            2,882,787.00
  ---              ----                  ----          ----              --------          ----            ------------
Totals             0.00                  0.00          0.00          1,881,341.86          0.00
                   ====                  ====          ====          ============          ====
</TABLE>


(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

<TABLE>
<CAPTION>
                                        Current          Beginning
Class             Original Face         Certificate     Certificate/          Current Accrued    Payment of Unpaid
 (5)                  Amount            Rate           Notional Balance          Interest        Interest Shortfall
 ---                  ------            ----           ----------------          --------        ------------------
<S>              <C>                    <C>            <C>                    <C>                <C>
  A              695,210,000.00         1.81125%         986.72422645           1.48933688          0.00000000
X-1A                       0.00         0.95850%         991.83720100           0.79222575          0.00000000
X-1B                       0.00         1.51836%         984.77691227           1.24604170          0.00000000
 X-B                       0.00         0.84313%        1000.00000000           0.70261156          0.00000000
 A-R                     100.00         3.30089%           0.00000000           0.00000000          0.00000000
 B-1               9,726,000.00         2.33125%        1000.00000000           1.94270820          0.00000000
 B-2               5,726,000.00         3.17438%        1000.00000000           2.64531922          0.00000000
 B-3               3,962,000.00         3.17438%        1000.00000000           2.64532055          0.00000000
 B-4               1,801,000.00         3.17438%        1000.00000000           2.64531927          0.00000000
 B-5               1,080,000.00         3.17438%        1000.00000000           2.64532407          0.00000000
 B-6               2,882,787.00         3.17438%        1000.00000000           2.64531858          0.00000000
</TABLE>

<TABLE>
<CAPTION>
                                    Non-Supported                             Total
Class        Current Interest        Interest            Realized            Interest       Remaining Unpaid    Ending Certificate/
 (5)            Shortfall            Shortfall           Loss (6)          Distribution    Interest Shortfall    Notational Balance
 ---            ---------            ---------           --------          ------------    ------------------    ------------------
<S>          <C>                    <C>                 <C>                <C>             <C>                  <C>
  A             0.00000000          0.00000000          0.00000000          1.48933688          0.00000000          980.20262711
X-1A            0.00000000          0.00000000          0.00000000          0.79222575          0.00000000          988.60980468
X-1B            0.00000000          0.00000000          0.00000000          1.24604170          0.00000000          977.00056376
 X-B            0.00000000          0.00000000          0.00000000          0.70261156          0.00000000         1000.00000000
 A-R            0.00000000          0.00000000          0.00000000          0.00000000          0.00000000            0.00000000
 B-1            0.00000000          0.00000000          0.00000000          1.94270820          0.00000000         1000.00000000
 B-2            0.00000000          0.00000000          0.00000000          2.64531922          0.00000000         1000.00000000
 B-3            0.00000000          0.00000000          0.00000000          2.64532055          0.00000000         1000.00000000
 B-4            0.00000000          0.00000000          0.00000000          2.64531927          0.00000000         1000.00000000
 B-5            0.00000000          0.00000000          0.00000000          2.64532407          0.00000000         1000.00000000
 B-6            0.00000000          0.00000000          0.00000000          2.64531858          0.00000000         1000.00000000
</TABLE>


(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.
<PAGE>
                       CERTIFICATEHOLDER ACCOUNT STATEMENT


                               CERTIFICATE ACCOUNT

<TABLE>
<S>                                                                             <C>
 Beginning Balance                                                                      0.00

 Deposits
                   Payments of Interest and Principal                           6,604,452.98
                   Liquidations, Insurance Proceeds, Reserve Funds                      0.00
                   Proceeds from Repurchased Loans                                      0.00
                   Other Amounts (Servicer Advances)                               29,667.36
                   Realized Losses                                                      0.00
                   Prepayment Penalties                                                 0.00
                                                                                ------------
 Total Deposits                                                                 6,634,120.34

 Withdrawals
                   Reimbursement for Servicer Advances                                  0.00
                   Payment of Service Fee                                         218,897.39
                   Payment of Interest and Principal                            6,415,222.95
                                                                                ------------
 Total Withdrawals (Pool Distribution Amount)                                   6,634,120.34
 Ending Balance                                                                         0.00
                                                                                        ====
</TABLE>



                    PREPAYMENT/CURTAILMENT INTEREST SHORTFALL

<TABLE>
<S>                                                                             <C>
Total Prepayment/Curtailment Interest Shortfall                                 0.00
Servicing Fee Support                                                           0.00
                                                                                ----
Non-Supported Prepayment Curtailment Interest Shortfall                         0.00
                                                                                ====
</TABLE>




                                 SERVICING FEES

<TABLE>
<S>                                                                             <C>
Gross Servicing Fee                                                             214,748.74
Master Servicing Fee                                                              4,148.65
Supported Prepayment/Curtailment Interest Shortfall                                   0.00
                                                                                ----------
Net Servicing Fee                                                               218,897.39
                                                                                ==========
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
           Account Type                    Beginning Balance       Current Withdrawals       Current Deposits       Ending Balance
<S>                                        <C>                     <C>                       <C>                    <C>
Class X-1 Basis Risk Reserve Fund              5,000.00                   0.00                     0.00                5,000.00
Class X-B Basis Risk Reserve Fund              5,000.00                   0.00                     0.00                5,000.00
</TABLE>




             LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT

<TABLE>
<CAPTION>
                DELINQUENT                              BANKRUPTCY                                  FORECLOSURE
                ----------                              ----------                                  -----------
                  No. of    Principal                     No. of   Principal                          No. of         Principal
                  Loans     Balance                       Loans    Balance                             Loans          Balance

<S>               <C>    <C>                 <C>          <C>      <C>           <C>                  <C>            <C>
0-29 Days           0             0.00       0-29 Days       0     0.00          0-29 Days               0             0.00
30 Days            19     9,389,336.74       30 Days         0     0.00          30 Days                 0             0.00
60 Days             2       677,234.86       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
---------          --    -------------       ---------       -     ----          ---------               -             ----
                   21    10,066,571.60                       0     0.00                                  0             0.00
</TABLE>


<TABLE>
<CAPTION>

                   REO                                    TOTAL
                   ---                                    -----
                  No. of        Principal                 No. of        Principal
                  Loans         Balance                    Loans         Balance
<S>               <C>           <C>          <C>          <C>         <C>
0-29 Days           0             0.00       0-29 Days       0                 0.00
30 Days             0             0.00       30 Days        19         9,389,336.74
60 Days             0             0.00       60 Days         2           677,234.86
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                      21        10,066,571.60
</TABLE>


<TABLE>
<CAPTION>
                        DELINQUENT                                        BANKRUPTCY
                        ----------                                        ----------
                     No. of        Principal Balance                       No. of         Principal Balance
                     Loans                                                 Loans
<S>                <C>                 <C>                <C>            <C>              <C>
0-29 Days          0.000000%           0.000000%          0-29 Days      0.000000%            0.000000%
30 Days            0.948104%           1.328705%          30 Days        0.000000%            0.000000%
60 Days            0.099800%           0.095837%          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%

                   1.047904%           1.424542%                         0.000000%            0.000000%
</TABLE>



<TABLE>
<CAPTION>

                       FORECLOSURE                                             REO
                       -----------                                             ---
                     No. of        Principal Balance                       No. of         Principal Balance
                     Loans                                                 Loans

<S>                <C>             <C>                     <C>           <C>              <C>
 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%
</TABLE>

<TABLE>
<CAPTION>
                             TOTAL
                             -----
                     No. of        Principal Balance
                    Loans

<S>                <C>             <C>
 0-29 Days         0.000000%           0.000000%
 30 Days           0.948104%           1.328705%
 60 Days           0.099800%           0.095837%
 90 Days           0.000000%           0.000000%
 120 Days          0.000000%           0.000000%
 150 Days          0.000000%           0.000000%
 180+ Days         0.000000%           0.000000%

                   1.047904%           1.424542%
</TABLE>

<TABLE>
<S>                                               <C>
Current Period Class A Insufficient Funds:             0.00
Principal Balance of Contaminated Properties           0.00
Periodic Advance                                  29,667.36
</TABLE>
<PAGE>
Subordinated Level/Credit Enhancement/Class Percentage and Prepayment Percentage

<TABLE>
<CAPTION>

                   Original $           Original %       Current $
                   ----------           ----------       ---------
<S>              <C>                    <C>            <C>
 Class A         25,215,787.00           3.50012%      25,215,787.00
Class B-1        15,489,787.00           2.15008%      15,489,787.00
Class B-2         9,725,787.00           1.35000%       9,725,787.00
Class B-3         5,763,787.00           0.80005%       5,763,787.00
Class B-4         3,962,787.00           0.55006%       3,962,787.00
Class B-5         2,882,787.00           0.40015%       2,882,787.00
Class B-6                 0.00           0.00000%               0.00

</TABLE>

<TABLE>
<CAPTION>

                    Current %         Current Class %     Prepayment %
                    --------         ---------------      ------------
<S>                <C>               <C>                  <C>
 Class A               3.56829%         96.43170%           0.000000%
Class B-1              2.19196%          1.37632%          38.571075%
Class B-2              1.37629%          0.81566%          22.858696%
Class B-3              0.81563%          0.56066%          15.712379%
Class B-4              0.56077%          0.25486%           7.142351%
Class B-5              0.40794%          0.15283%           4.283031%
Class B-6              0.00000%          0.40794%          11.432469%
</TABLE>


Please refer to the prospectus supplement for a full description of loss
exposure





<TABLE>
<CAPTION>
                         Original $          Original %        Current $       Current %
                         ----------          ----------        ---------       ---------
<S>                   <C>                    <C>           <C>               <C>
    Bankruptcy           119,754.00           0.01662         119,754.00     0.01694642%
         Fraud        21,612,777.00           3.00000      21,612,777.00     3.05843007%
Special Hazard         11,600,00.00           1.61015      11,600,000.00     1.64151922%
</TABLE>

Limit of subordinate's exposure to certain types of losses
<PAGE>
                              COLLATERAL STATEMENT
<TABLE>
<CAPTION>

Collateral Description                                          Mixed ARM
<S>                                                        <C>
Weighted Average Gross Coupon                                   3.543729%
Weighted Average Net Coupon                                     3.181384%
Weighted Average Pass-Through Rate                              3.174384%
Weighted Average Maturity (Stepdown Calculation)                      323

Beginning Scheduled Collateral Loan Count                           2,013
Number of Loans Paid in Full                                             9
Ending Scheduled Collateral Loan Count                              2,004

Beginning Scheduled Collateral Balance                     711,196,336.47
Ending Scheduled Collateral Balance                        706,662,455.39
Ending Actual Collateral Balance at 31-Jan-2003            706,653,240.41

Monthly P&I Constant                                         2,100,242.18
Special Servicing Fee                                                0.00
Prepayment Penalties                                                 0.00
Realization Loss Amount                                              0.00
Cumulative Realized Loss                                             0.00

Class A Optimal Amount                                       5,569,282.97

Ending Scheduled Balance for Premium Loans                 706,662,455.39

Scheduled Principal                                                  2.93
Unscheduled Principal                                        4,533,878.15
</TABLE>





                             MISCELLANEOUS REPORTING
<TABLE>
<S>                                                        <C>
One Month LIBOR Loans                                      196,592,173.64
Six Month LIBOR Loans                                      510,070,281.75
Pro Rata Senior Percentage                                      96.454455%
Senior Percentage                                              100.000000%
Senior Prepayment Percentage                                   100.000000%
Subordinate Percentage                                           0.000000%
Subordinate Prepayment Percentage                                0.000000%
</TABLE>