exv10w1



 



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 2002-10



Record Date: October 31, 2003

Distribution Date: November 20, 2003



Certificateholder Distribution Summary






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Certificate	 	Certificate	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Class	 	Pass-Through	 	Beginning	 	Interest
	Class	 	CUSIP	 	Description	 	Rate	 	Certificate Balance	 	Distribution
	
	 	
	 	
	 	
	 	
	 	

	1A
	 	81743VAA1	 	SEN	 	 	1.52000	%	 	 	734,384,436.02	 	 	 	930,220.28	 
	2A-1
	 	81743VAB9	 	SEN	 	 	1.50000	%	 	 	171,011,308.51	 	 	 	213,764.13	 
	2A-2
	 	81743VAN3	 	SEN	 	 	1.80000	%	 	 	3,500,000.00	 	 	 	5,250.00	 
	X-1A
	 	81743VAC7	 	IO	 	 	1.11519	%	 	 	0.00	 	 	 	322,274.51	 
	X-1B
	 	81743VAD5	 	IO	 	 	1.19436	%	 	 	0.00	 	 	 	385,778.29	 
	X-2
	 	81743VAP8	 	IO	 	 	1.21216	%	 	 	0.00	 	 	 	176,279.64	 
	X-B
	 	81743VAE3	 	IO	 	 	0.65462	%	 	 	0.00	 	 	 	14,033.40	 
	A-R
	 	81743VAF0	 	SEN	 	 	3.37720	%	 	 	0.00	 	 	 	0.00	 
	B-1
	 	81743VAG8	 	SUB	 	 	1.92000	%	 	 	12,600,000.00	 	 	 	20,160.00	 
	B-2
	 	81743VAH6	 	SUB	 	 	1.92000	%	 	 	8,400,000.00	 	 	 	13,440.00	 
	B-3
	 	81743VAJ2	 	SUB	 	 	2.52000	%	 	 	4,725,000.00	 	 	 	9,922.50	 
	B-4
	 	SMT0210B4	 	SUB	 	 	2.68482	%	 	 	2,625,000.00	 	 	 	5,873.05	 
	B-5
	 	SMT0210B5	 	SUB	 	 	2.68482	%	 	 	2,100,000.00	 	 	 	4.698.44	 
	B-6
	 	SMT0210B6	 	SUB	 	 	2.68482	%	 	 	3,685,162.00	 	 	 	8,245.01	 
		 	 	 	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 
	Totals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	943,030,906.53	 	 	 	2,109,939.25	 
		 	 	 	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 




[Additional columns below]

[Continued from above table, first column(s) repeated]


	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Principal	 	Current	 	Ending Certificate	 	Total	 	Cumulative
	Class	 	Distribution	 	Realized Loss	 	Balance	 	Distribution	 	Realized Loss
	
	 	
	 	
	 	
	 	
	 	

	1A
	 	 	6,827,527.04	 	 	 	0.00	 	 	 	727,556,908.98	 	 	 	7,757,747.32	 	 	 	0.00	 
	2A-1
	 	 	1,742,406.86	 	 	 	0.00	 	 	 	169,268,901.65	 	 	 	1,956,170.99	 	 	 	0.00	 
	2A-2
	 	 	0.00	 	 	 	0.00	 	 	 	3,500,000.00	 	 	 	5,250.00	 	 	 	0.00	 
	X-1A
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	322,274.51	 	 	 	0.00	 
	X-1B
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	385,778.29	 	 	 	0.00	 
	X-2
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	176,279.64	 	 	 	0.00	 
	X-B
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	14,033.40	 	 	 	0.00	 
	A-R
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-1
	 	 	0.00	 	 	 	0.00	 	 	 	12,600,000.00	 	 	 	20,160.00	 	 	 	0.00	 
	B-2
	 	 	0.00	 	 	 	0.00	 	 	 	8,400,000.00	 	 	 	13,440.00	 	 	 	0.00	 
	B-3
	 	 	0.00	 	 	 	0.00	 	 	 	4,725,000.00	 	 	 	9,922.50	 	 	 	0.00	 
	B-4
	 	 	0.00	 	 	 	0.00	 	 	 	2,625,000.00	 	 	 	5,873.05	 	 	 	0.00	 
	B-5
	 	 	0.00	 	 	 	0.00	 	 	 	2,100,000.00	 	 	 	4.698.44	 	 	 	0.00	 
	B-6
	 	 	0.00	 	 	 	0.00	 	 	 	3,685,162.00	 	 	 	8,245.01	 	 	 	0.00	 
		 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	8,569,933.90	 	 	 	0.00	 	 	 	934,460,972.63	 	 	 	10,679,873.15	 	 	 	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
	 	 	822,375,000.00	 	 	 	734,384,436.02	 	 	 	0.00	 	 	 	6,827,527.04	 	 	 	0.00	 	 	 	0.00	 
	2A-1
	 	 	190,000,000.00	 	 	 	171,011,308.51	 	 	 	0.00	 	 	 	1,742,406.86	 	 	 	0.00	 	 	 	0.00	 
	2A-2
	 	 	3,500,000.00	 	 	 	3,500,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	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-2
	 	 	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
	 	 	12,600,000.00	 	 	 	12,600,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-2
	 	 	8,400,000.00	 	 	 	8,400,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-3
	 	 	4,725,000.00	 	 	 	4,725,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-4
	 	 	2,625,000.00	 	 	 	2,625,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-5
	 	 	2,100,000.00	 	 	 	2,100,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-6
	 	 	3,685,162.00	 	 	 	3,685,162.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	1,050,010,262.00	 	 	 	943,030,906.53	 	 	 	0.00	 	 	 	8,569,933.90	 	 	 	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
	 	 	6,827,527.04	 	 	 	727,556,908.98	 	 	 	0.88470212	 	 	 	6,827,527.04	 
	2A-1
	 	 	1,742,406.86	 	 	 	169,268,901.65	 	 	 	0.89088896	 	 	 	1,742,406.86	 
	2A-2
	 	 	0.00	 	 	 	3,500,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	X-1A
	 	 	0.00	 	 	 	0.00	 	 	 	0.00000000	 	 	 	0.00	 
	X-1B
	 	 	0.00	 	 	 	0.00	 	 	 	0.00000000	 	 	 	0.00	 
	X-2
	 	 	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	 	 	 	12,600,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-2
	 	 	0.00	 	 	 	8,400,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-3
	 	 	0.00	 	 	 	4,725,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-4
	 	 	0.00	 	 	 	2,625,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-5
	 	 	0.00	 	 	 	2,100,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-6
	 	 	0.00	 	 	 	3,685,162.00	 	 	 	1.00000000	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	8,569,933.90	 	 	 	934,460,972.63	 	 	 	0.88995413	 	 	 	8,569,933.90	 
	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 







	(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






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Scheduled	 	Unscheduled	 	 	 	 	 	 	 	 
	 	 	Original Face	 	Beginning	 	Principal	 	Principal	 	 	 	 	 	Realized
	Class	 	Amount	 	Certificate Balance	 	Distribution	 	Distribution	 	Accretion	 	Loss (3)
	
	 	
	 	
	 	
	 	
	 	
	 	

	1A
	 	 	822,375,000.00	 	 	 	893.00433017	 	 	 	0.00000000	 	 	 	8.30220646	 	 	 	0.00000000	 	 	 	0.00000000	 
	2A-1
	 	 	190,000,000.00	 	 	 	900.05951847	 	 	 	0.00000000	 	 	 	9.17056242	 	 	 	0.00000000	 	 	 	0.00000000	 
	2A-2
	 	 	3,500,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	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-2
	 	 	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
	 	 	12,600,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-2
	 	 	8,400,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-3
	 	 	4,725,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-4
	 	 	2,625,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-5
	 	 	2,100,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-6
	 	 	3,685,162.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 




[Additional columns below]

[Continued from above table, first column(s) repeated]


	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Ending	 	 	 	 	 	 	 	 
	 	 	Total Principal	 	Certificate	 	Ending Certificate	 	Total Principal
	Class	 	Reduction	 	Balance	 	Percentage	 	Distribution
	
	 	
	 	
	 	
	 	

	1A
	 	 	8.30220646	 	 	 	884.70212370	 	 	 	0.88470212	 	 	 	8.30220646	 
	2A-1
	 	 	9.17056242	 	 	 	890.88895605	 	 	 	0.89088896	 	 	 	9.17056242	 
	2A-2
	 	 	0.00000000	 	 	 	1000.00000000	 	 	 	1.00000000	 	 	 	0.00000000	 
	X-1A
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-1B
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-2
	 	 	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
	 	 	822,375,000.00	 	 	 	1.52000	%	 	 	734,384,436.02	 	 	 	930,220.29	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	2A-1
	 	 	190,000,000.00	 	 	 	1.50000	%	 	 	171,011,308.51	 	 	 	213,764.14	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	2A-2
	 	 	3,500,000.00	 	 	 	1.80000	%	 	 	3,500,000.00	 	 	 	5,250.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	X-1A
	 	 	0.00	 	 	 	1.11519	%	 	 	346,782,683.38	 	 	 	322,274.51	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	X-1B
	 	 	0.00	 	 	 	1.19436	%	 	 	387,601,752.64	 	 	 	385,778.29	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	X-2
	 	 	0.00	 	 	 	1.21216	%	 	 	174,511,308.51	 	 	 	176,279.64	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	X-B
	 	 	0.00	 	 	 	0.65462	%	 	 	25,725,000.00	 	 	 	14,033.40	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	A-R
	 	 	100.00	 	 	 	3.37720	%	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-1
	 	 	12,600,000.00	 	 	 	1.92000	%	 	 	12,600,000.00	 	 	 	20,160.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-2
	 	 	8,400,000.00	 	 	 	1.92000	%	 	 	8,400,000.00	 	 	 	13,440.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-3
	 	 	4,725,000.00	 	 	 	2.52000	%	 	 	4,725,000.00	 	 	 	9,922.50	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-4
	 	 	2,625,000.00	 	 	 	2.68482	%	 	 	2,625,000.00	 	 	 	5,873.05	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-5
	 	 	2,100,000.00	 	 	 	2.68482	%	 	 	2,100,000.00	 	 	 	4,698.44	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-6
	 	 	3,685,162.00	 	 	 	2.68482	%	 	 	3,685,162.00	 	 	 	8,245.01	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 
	 	 	
	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	1,050,010,262.00	 	 	 	 	 	 	 	 	 	 	 	2,109,939.27	 	 	 	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
	 	 	930,220.28	 	 	 	0.00	 	 	 	727,556,908.98	 
	2A-1
	 	 	213,764.13	 	 	 	0.00	 	 	 	169,268,901.65	 
	2A-2
	 	 	5,250.00	 	 	 	0.00	 	 	 	3,500,000.00	 
	X-1A
	 	 	322,274.51	 	 	 	0.00	 	 	 	343,047,870.29	 
	X-1B
	 	 	385,778.29	 	 	 	0.00	 	 	 	384,509,038.69	 
	X-2
	 	 	176,279.64	 	 	 	0.00	 	 	 	172,768,901.65	 
	X-B
	 	 	14,033.40	 	 	 	0.00	 	 	 	25,725,000.00	 
	A-R
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-1
	 	 	20,160.00	 	 	 	0.00	 	 	 	12,600,000.00	 
	B-2
	 	 	13,440.00	 	 	 	0.00	 	 	 	8,400,000.00	 
	B-3
	 	 	9,922.50	 	 	 	0.00	 	 	 	4,725,000.00	 
	B-4
	 	 	5,873.05	 	 	 	0.00	 	 	 	2,625,000.00	 
	B-5
	 	 	4,698.44	 	 	 	0.00	 	 	 	2,100,000.00	 
	B-6
	 	 	8,245.01	 	 	 	0.00	 	 	 	3,685,162.00	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 
	Totals
	 	 	2,109,939.25	 	 	 	0.00	 	 	 	 	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 







	(4)	 	Amount does not include excess special hazard, bankruptcy, or fraud losses
unless otherwise disclosed. Please refer to the prospectus supplement for a
full description.



Interest Distribution Factors Statement






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Beginning	 	 	 	 	 	Payment of	 	 	 	 	 	Non-	 	 	 	 
	 	 	 	 	 	 	Current	 	Certificate/	 	Current	 	Unpaid	 	Current	 	Supported	 	 	 	 
	Class	 	Original Face	 	Certificate	 	Notional	 	Accrued	 	Interest	 	Interest	 	Interest	 	Realized
	(5)	 	Amount	 	Rate	 	Balance	 	Interest	 	Shortfall	 	Shortfall	 	Shortfall	 	Loss (6)
	
	 	
	 	
	 	
	 	
	 	
	 	
	 	
	 	

	1A
	 	 	822,375,000.00	 	 	 	1.52000	%	 	 	893.00433017	 	 	 	1.13113882	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	2A-1
	 	 	190,000,000.00	 	 	 	1.50000	%	 	 	900.05951847	 	 	 	1.12507442	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	2A-2
	 	 	3,500,000.00	 	 	 	1.80000	%	 	 	1000.00000000	 	 	 	1.50000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-1A
	 	 	0.00	 	 	 	1.11519	%	 	 	882.48895531	 	 	 	0.82012081	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-1B
	 	 	0.00	 	 	 	1.19436	%	 	 	902.62699746	 	 	 	0.89838061	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-2
	 	 	0.00	 	 	 	1.21216	%	 	 	901.86722744	 	 	 	0.91100589	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-B
	 	 	0.00	 	 	 	0.65462	%	 	 	1000.00000000	 	 	 	0.54551603	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	A-R
	 	 	100.00	 	 	 	3.37720	%	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-1
	 	 	12,600,000.00	 	 	 	1.92000	%	 	 	1000.00000000	 	 	 	1.60000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-2
	 	 	8,400,000.00	 	 	 	1.92000	%	 	 	1000.00000000	 	 	 	1.60000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-3
	 	 	4,725,000.00	 	 	 	2.52000	%	 	 	1000.00000000	 	 	 	2.10000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-4
	 	 	2,625,000.00	 	 	 	2.68482	%	 	 	1000.00000000	 	 	 	2.23735238	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-5
	 	 	2,100,000.00	 	 	 	2.68482	%	 	 	1000.00000000	 	 	 	2.23735238	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-6
	 	 	3,685,162.00	 	 	 	2.68482	%	 	 	1000.00000000	 	 	 	2.23735347	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 




[Additional columns below]

[Continued from above table, first column(s) repeated]


	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Remaining	 	 	 	 
	 	 	 	 	 	 	Unpaid	 	 	 	 
	Class	 	Total Interest	 	Interest	 	Ending Certificate/
	(5)	 	Distribution	 	Shortfall	 	Notational Balance
	
	 	
	 	
	 	

	1A
	 	 	1.13113881	 	 	 	0.00000000	 	 	 	884.70212370	 
	2A-1
	 	 	1.12507437	 	 	 	0.00000000	 	 	 	890.88895605	 
	2A-2
	 	 	1.50000000	 	 	 	0.00000000	 	 	 	1000.00000000	 
	X-1A
	 	 	0.82012081	 	 	 	0.00000000	 	 	 	872.98464192	 
	X-1B
	 	 	0.89838061	 	 	 	0.00000000	 	 	 	895.42484451	 
	X-2
	 	 	0.91100589	 	 	 	0.00000000	 	 	 	892.86254083	 
	X-B
	 	 	0.54551603	 	 	 	0.00000000	 	 	 	1000.00000000	 
	A-R
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-1
	 	 	1.60000000	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-2
	 	 	1.60000000	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-3
	 	 	2.10000000	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-4
	 	 	2.23735238	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-5
	 	 	2.23735238	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-6
	 	 	2.23735347	 	 	 	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
	 	 	10,875,315.28	 
	 	Liquidations, Insurance Proceeds, Reserve Funds
	 	 	0.00	 
	 	Proceeds from Repurchased Loans
	 	 	0.00	 
	 	Other Amounts (Servicer Advances)
	 	 	3,085.15	 
	 	Realized Losses
	 	 	0.00	 
	 	Prepayment Penalties
	 	 	0.00	 
	 
	 	 	
	 
	Total Deposits
	 	 	10,878,400.43	 
	Withdrawals
	 	 	 	 
	 	Reimbursement for Servicer Advances
	 	 	2,062.50	 
	 	Payment of Service Fee
	 	 	196,464.78	 
	 	Payment of Interest and Principal
	 	 	10,679,873.15	 
	 
	 	 	
	 
	Total Withdrawals (Pool Distribution Amount)
	 	 	10,878,400.43	 
	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
	 	 	196,464.78	 
	Supported Prepayment/Curtailment Interest Shortfall
	 	 	0.00	 
	 
	 	 	
	 
	Net Servicing Fee
	 	 	196,464.78	 
	 
	 	 	
	 



 






 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Beginning	 	Current	 	Current	 	Ending
	Account Type	 	Balance	 	Withdrawals	 	Deposits	 	Balance
	
	 	
	 	
	 	
	 	

	Class X-A Basis Risk Reserve Fund
	 	 	8,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	8,000.00	 
	Class X-B Basis Risk Reserve Fund
	 	 	2,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	2,000.00	 



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
	 	 	3	 	 	 	1,315,871.08	 	 	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	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	3	 	 	 	1,315,871.08	 	 	 	 	 	 	 	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
	 	 	0.120627	%	 	 	0.140816	%	 	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	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0.120627	%	 	 	0.140816	%	 	 	 	 	 	 	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	 	 	3	 	 	 	1,315,871.08	 
	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	 	 	 	 	 	 	 	3	 	 	 	1,315,871.08	 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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	 	 	0.120627	%	 	 	0.140816	%
	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	%	 	 	 	 	 	 	0.120627	%	 	 	0.140816	%




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Current Period Class A Insufficient Funds:	 	 	
0.00	 	 	Principal Balance of Contaminated Properties
	 	 	0.00	 	 	Periodic Advance
	 	 	3,085.15	 



 






 



Subordinated Level/Credit Enhancement/Class Percentage and Prepayment Percentage




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Original $	 	Original %	 	Current $	 	Current %	 	Current Class %	 	Prepayment %
	 	 	
	 	
	 	
	 	
	 	
	 	

	Class A
	 	 	1,050,010,162.00	 	 	 	99.99999048	%	 	 	934,460,972.63	 	 	 	100.00000000	%	 	 	96.347075	%	 	 	0.000000	%
	Class 1A
	 	 	227,635,162.00	 	 	 	21.67932736	%	 	 	206,904,063.65	 	 	 	22.14154146	%	 	 	77.858459	%	 	 	2,131.400194	%
	Class 2-A-1
	 	 	37,635,162.00	 	 	 	3.58426611	%	 	 	37,635,162.00	 	 	 	4.02747285	%	 	 	18.114069	%	 	 	495.878419	%
	Class 2-A-2
	 	 	34,135,162.00	 	 	 	3.25093604	%	 	 	34,135,162.00	 	 	 	3.65292538	%	 	 	0.374547	%	 	 	10.253357	%
	Class X-2
	 	 	34,135,162.00	 	 	 	3.25093604	%	 	 	34,135,162.00	 	 	 	3.65292538	%	 	 	0.000000	%	 	 	0.000000	%
	Class B-1
	 	 	21,535,162.00	 	 	 	2.05094776	%	 	 	21,535,162.00	 	 	 	2.30455446	%	 	 	1.348371	%	 	 	36.912085	%
	Class B-2
	 	 	13,135,162.00	 	 	 	1.25095558	%	 	 	13,135,162.00	 	 	 	1.40564051	%	 	 	0.898914	%	 	 	24.608057	%
	Class B-3
	 	 	8,410,162.00	 	 	 	0.80095998	%	 	 	8,410,162.00	 	 	 	0.90000142	%	 	 	0.505639	%	 	 	13.842032	%
	Class B-4
	 	 	5,785,162.00	 	 	 	0.55096242	%	 	 	5,785,162.00	 	 	 	0.61909081	%	 	 	0.280911	%	 	 	7.690018	%
	Class B-5
	 	 	3,685,162.00	 	 	 	0.35096438	%	 	 	3,685,162.00	 	 	 	0.39436232	%	 	 	0.224728	%	 	 	6.152014	%
	Class B-6
	 	 	0.00	 	 	 	0.00000000	%	 	 	0.00	 	 	 	0.00000000	%	 	 	0.394362	%	 	 	10.795795	%



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



	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Original $	 	Original %	 	Current $	 	Current %
	Bankruptcy
	 	 	163,046.00	 	 	 	0.01552804	%	 	 	163,046.00	 	 	 	0.01744813	%
	Fraud
	 	 	31,500,308.00	 	 	 	3.00000001	%	 	 	18,795,490.62	 	 	 	2.01137246	%
	Special Hazard
	 	 	11,240,000.00	 	 	 	1.07046573	%	 	 	10,766,804.46	 	 	 	1.15219413	%



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
	 	 	2	 	 	 	1,027,471.80	 	 	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	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	2	 	 	 	1,027,471.80	 	 	 	 	 	 	 	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
	 	 	0.101729	%	 	 	0.136055	%	 	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	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0.101729	%	 	 	0.136055	%	 	 	 	 	 	 	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	 	 	2	 	 	 	1,027,471.80	 
	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	 	 	 	 	 	 	 	2	 	 	 	1,027,471.80	 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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	 	 	0.101729	%	 	 	0.136055	%
	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	%	 	 	 	 	 	 	0.101729	%	 	 	0.136055	%



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
	 	 	1	 	 	 	288,399.28	 	 	30 Days	 	 	0	 	 	 	0.00	 	 	30 Days	 	 	0	 	 	 	0.00	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	0	 	 	 	0.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	90 Days	 	 	0	 	 	 	0.00	 	 	90 Days	 	 	0	 	 	 	0.00	 
	120 Days
	 	 	0	 	 	 	0.00	 	 	120 Days	 	 	0	 	 	 	0.00	 	 	120 Days	 	 	0	 	 	 	0.00	 
	150 Days
	 	 	0	 	 	 	0.00	 	 	150 Days	 	 	0	 	 	 	0.00	 	 	150 Days	 	 	0	 	 	 	0.00	 
	180+ Days
	 	 	0	 	 	 	0.00	 	 	180+ Days	 	 	0	 	 	 	0.00	 	 	180+ Days	 	 	0	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	1	 	 	 	288,399.28	 	 	 	 	 	 	 	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
	 	 	0.191939	%	 	 	0.160872	%	 	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	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0.191939	%	 	 	0.160872	%	 	 	 	 	 	 	0.000000	%	 	 	0.000000	%	 	 	 	 	 	 	0.000000	%	 	 	0.000000	%




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	REO	 	TOTAL
	
	 	

	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	0-29 Days
	 	 	0	 	 	 	0.00	 	 	0-29 Days	 	 	0	 	 	 	0.00	 
	30 Days
	 	 	0	 	 	 	0.00	 	 	30 Days	 	 	1	 	 	 	288,399.28	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	0	 	 	 	0.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	90 Days	 	 	0	 	 	 	0.00	 
	120 Days
	 	 	0	 	 	 	0.00	 	 	120 Days	 	 	0	 	 	 	0.00	 
	150 Days
	 	 	0	 	 	 	0.00	 	 	150 Days	 	 	0	 	 	 	0.00	 
	180+ Days
	 	 	0	 	 	 	0.00	 	 	180+ Days	 	 	0	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0	 	 	 	0.00	 	 	 	 	 	 	 	1	 	 	 	288,399.28	 




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	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	 	 	0.191939	%	 	 	0.160872	%
	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	%	 	 	 	 	 	 	0.191939	%	 	 	0.160872	%




 






 



Collateral Statement



	 	 	 	 	 
	Collateral Description	 	Mixed ARM
	Weighted Average Gross Coupon
	 	 	2.934882	%
	Weighted Average Net Coupon
	 	 	2.684882	%
	Weighted Average Pass-Through Rate
	 	 	2.684882	%
	Weighted Average Maturity (Stepdown Calculation)
	 	 	285	 
	Beginning Scheduled Collateral Loan Count
	 	 	2,512	 
	Number of Loans Paid in Full
	 	 	25	 
	Ending Scheduled Collateral Loan Count
	 	 	2,487	 
	Beginning Scheduled Collateral Balance
	 	 	943,030,906.53	 
	Ending Scheduled Collateral Balance
	 	 	934,460,972.63	 
	Ending Actual Collateral Balance at 31-Oct-2003
	 	 	934,460,973.87	 
	Monthly P&I Constant
	 	 	2,306,404.03	 
	Special Servicing Fee
	 	 	0.00	 
	Prepayment Penalties
	 	 	0.00	 
	Realization Loss Amount
	 	 	0.00	 
	Cumulative Realized Loss
	 	 	0.00	 
	Class A Optimal Amount
	 	 	10,603,500.76	 
	Ending Scheduled Balance for Premium Loans
	 	 	934,460,972.63	 
	Scheduled Principal
	 	 	0.00	 
	Unscheduled Principal
	 	 	8,569,933.90	 



 






 




	 	 	 	 	 	 	 	 	 	 	 	 	 
	Group	 	1	 	2	 	Total
	Collateral Description	 	Mixed ARM	 	6 Month ARM	 	Mixed ARM
	Weighted Average Coupon Rate
	 	 	2.926974	 	 	 	2.968176	 	 	 	2.934882	 
	Weighted Average Net Rate
	 	 	2.676974	 	 	 	2.718176	 	 	 	2.684882	 
	Pass-Through Rate
	 	 	2.676974	 	 	 	2.718176	 	 	 	2.684882	 
	Weighted Average Maturity
	 	 	285	 	 	 	285	 	 	 	285	 
	Record Date
	 	 	10/31/2003	 	 	 	10/31/2003	 	 	 	10/31/2003	 
	Principal and Interest Constant
	 	 	1,858,668.28	 	 	 	447,735.75	 	 	 	2,306,404.03	 
	Beginning Loan Count
	 	 	1,985	 	 	 	527	 	 	 	2,512	 
	Loans Paid in Full
	 	 	19	 	 	 	6	 	 	 	25	 
	Ending Loan Count
	 	 	1,966	 	 	 	521	 	 	 	2,487	 
	Beginning Scheduled Balance
	 	 	762,016,433.02	 	 	 	181,014,473.51	 	 	 	943,030,906.53	 
	Ending Scheduled Balance
	 	 	755,188,905.98	 	 	 	179,272,066.65	 	 	 	934,460,972.63	 
	Scheduled Principal
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	Unscheduled Principal
	 	 	6,827,527.04	 	 	 	1,742,406.86	 	 	 	8,569,933.90	 
	Scheduled Interest
	 	 	1,858,668.28	 	 	 	447,735.75	 	 	 	2,306,404.03	 
	Servicing Fee
	 	 	158,753.43	 	 	 	37,711.35	 	 	 	196,464.78	 
	Master Servicing Fee
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	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
	 	 	1,699,914.85	 	 	 	410,024.40	 	 	 	2,109,939.25	 
	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
	 	 	356,076,538.71	 
	Six Month LIBOR Loans
	 	 	399,112,367.27	 
	Pro Rata Senior Percentage
	 	 	96.373832	%
	Senior Percentage
	 	 	100.000000	%
	Senior Prepayment Percentage
	 	 	100.000000	%
	Subordinate Percentage
	 	 	0.000000	%
	Subordinate Prepayment Percentage
	 	 	0.000000	%
	Group 2
	 	 	 	 
	Pro Rata Senior Percentage
	 	 	96.407378	%
	Senior Percentage
	 	 	100.000000	%
	Senior Prepayment Percentage
	 	 	100.000000	%
	Subordinate Percentage
	 	 	0.000000	%
	Subordinate Prepayment Percentage
	 	 	0.000000	%