Document:

<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

<TABLE>
<CAPTION>
                                                                 SMT SERIES 2002-7
                                                           RECORD DATE: AUGUST 29, 2003
                                                       DISTRIBUTION DATE: SEPTEMBER 22, 2003

                                                       CERTIFICATEHOLDER DISTRIBUTION SUMMARY
---------------------------------------------------------------------------------------------------------------------------------
                       Certificate    Certificate      Beginning                                     Current         Ending
                          Class       Pass-Through    Certificate       Interest        Principal    Realized     Certificate
  Class      CUSIP     Description       Rate            Balance      Distribution    Distribution     Loss          Balance
---------------------------------------------------------------------------------------------------------------------------------

<S>      <C>             <C>             <C>        <C>                <C>           <C>                <C>     <C>
    A      81743YAA5       SEN             1.45000%   463,489,917.16     560,050.32    9,548,399.34       0.00    453,941,517.82
   A-R     SMT0207AR       SEN             3.51100%             0.00           0.00            0.00       0.00              0.00
   B-1     81743YAE7       SUB             1.86000%     8,080,000.00      12,524.00            0.00       0.00      8,080,000.00
   B-2     81743YAF4       SUB             2.73691%     5,771,000.00      13,162.26            0.00       0.00      5,771,000.00
   B-3     81743YAG2       SUB             2.73691%     3,463,000.00       7,898.27            0.00       0.00      3,463,000.00
   B-4     SMT0207B4       SUB             2.73691%     1,442,000.00       3,288.86            0.00       0.00      1,442,000.00
   B-5     SMT0207B5       SUB             2.73691%     1,154,000.00       2,632.00            0.00       0.00      1,154,000.00
   B-6     SMT0207B6       SUB             2.73691%     2,600,498.71       5,931.11            0.00       0.00      2,600,498.71
   X-1     81743YAC1       SEN             1.00777%             0.00      69,574.51            0.00       0.00              0.00
   X-2     81743YAD9       SEN             1.33788%             0.00     433,388.82            0.00       0.00              0.00
---------------------------------------------------------------------------------------------------------------------------------
Totals                                                486,000,415.87   1,108,450.15    9,548,399.34       0.00    476,452,016.53
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
------------------------------------------
                              Cumulative
                 Total         Realized
  Class      Distribution         Loss
------------------------------------------

<S>       <C>                       <C>
    A       10,108,449.66             0.00
   A-R               0.00             0.00
   B-1          12,524.00             0.00
   B-2          13,162.26             0.00
   B-3           7,898.27             0.00
   B-4           3,288.86             0.00
   B-5           2,632.00             0.00
   B-6           5,931.11             0.00
   X-1          69,574.51             0.00
   X-2         433,388.82             0.00
------------------------------------------
Totals      10,656,849.49             0.00
------------------------------------------
</TABLE>

All distributions required by the Pooling and Servicing Agreement have been
calculated by the Certificate Administrator on behalf of the Trustee.

                                            PRINCIPAL DISTRIBUTION STATEMENT
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------
               Original        Beginning       Scheduled       Unscheduled                                Total
                 Face         Certificate      Principal        Principal                   Realized     Principal
  Class         Amount          Balance       Distribution     Distribution    Accretion    Loss (1)     Reduction
---------------------------------------------------------------------------------------------------------------------

<S>       <C>               <C>                   <C>         <C>                <C>         <C>       <C>
    A      554,686,000.00    463,489,917.16        6.45        9,548,392.89       0.00        0.00      9,548,399.34
   A-R             100.00              0.00        0.00                0.00       0.00        0.00              0.00
   B-1       8,080,000.00      8,080,000.00        0.00                0.00       0.00        0.00              0.00
   B-2       5,771,000.00      5,771,000.00        0.00                0.00       0.00        0.00              0.00
   B-3       3,463,000.00      3,463,000.00        0.00                0.00       0.00        0.00              0.00
   B-4       1,442,000.00      1,442,000.00        0.00                0.00       0.00        0.00              0.00
   B-5       1,154,000.00      1,154,000.00        0.00                0.00       0.00        0.00              0.00
   B-6       2,600,498.71      2,600,498.71        0.00                0.00       0.00        0.00              0.00
   X-1              50.00              0.00        0.00                0.00       0.00        0.00              0.00
   X-2              50.00              0.00        0.00                0.00       0.00        0.00              0.00

---------------------------------------------------------------------------------------------------------------------
Totals     577,196,698.71    486,000,415.87        6.45        9,548,392.89       0.00        0.00      9,548,399.34
---------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
-------------------------------------------------------
                Ending          Ending         Total
              Certificate    Certificate     Principal
  Class         Balance       Percentage   Distribution
-------------------------------------------------------

<S>        <C>               <C>          <C>
    A       453,941,517.82    0.81837565   9,548,399.34
   A-R                0.00    0.00000000           0.00
   B-1        8,080,000.00    1.00000000           0.00
   B-2        5,771,000.00    1.00000000           0.00
   B-3        3,463,000.00    1.00000000           0.00
   B-4        1,442,000.00    1.00000000           0.00
   B-5        1,154,000.00    1.00000000           0.00
   B-6        2,600,498.71    1.00000000           0.00
   X-1                0.00    0.00000000           0.00
   X-2                0.00    0.00000000           0.00

-------------------------------------------------------
Totals      476,452,016.53    0.82545867   9,548,399.34
-------------------------------------------------------
</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.

<PAGE>

                                    PRINCIPAL DISTRIBUTION FACTORS STATEMENT
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------
               Original        Beginning       Scheduled       Unscheduled                                Total
                 Face         Certificate      Principal        Principal                   Realized     Principal
  Class         Amount          Balance       Distribution     Distribution    Accretion    Loss (3)     Reduction
---------------------------------------------------------------------------------------------------------------------

<S>     <C>                 <C>              <C>             <C>             <C>          <C>           <C>
    A    554,686,000.00      835.58971591     0.00001163      17.21405063     0.00000000   0.00000000    17.21406226
   A-R           100.00        0.00000000     0.00000000       0.00000000     0.00000000   0.00000000     0.00000000
   B-1     8,080,000.00     1000.00000000     0.00000000       0.00000000     0.00000000   0.00000000     0.00000000
   B-2     5,771,000.00     1000.00000000     0.00000000       0.00000000     0.00000000   0.00000000     0.00000000
   B-3     3,463,000.00     1000.00000000     0.00000000       0.00000000     0.00000000   0.00000000     0.00000000
   B-4     1,442,000.00     1000.00000000     0.00000000       0.00000000     0.00000000   0.00000000     0.00000000
   B-5     1,154,000.00     1000.00000000     0.00000000       0.00000000     0.00000000   0.00000000     0.00000000
   B-6     2,600,498.71     1000.00000000     0.00000000       0.00000000     0.00000000   0.00000000     0.00000000
   X-1            50.00        0.00000000     0.00000000       0.00000000     0.00000000   0.00000000     0.00000000
   X-2            50.00        0.00000000     0.00000000       0.00000000     0.00000000   0.00000000     0.00000000
---------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
-------------------------------------------------------
                Ending          Ending         Total
              Certificate    Certificate     Principal
  Class         Balance       Percentage   Distribution
-------------------------------------------------------

<S>        <C>             <C>           <C>
    A        818.37565365    0.81837565    17.21406226
   A-R         0.00000000    0.00000000     0.00000000
   B-1      1000.00000000    1.00000000     0.00000000
   B-2      1000.00000000    1.00000000     0.00000000
   B-3      1000.00000000    1.00000000     0.00000000
   B-4      1000.00000000    1.00000000     0.00000000
   B-5      1000.00000000    1.00000000     0.00000000
   B-6      1000.00000000    1.00000000     0.00000000
   X-1         0.00000000    0.00000000     0.00000000
   X-2         0.00000000    0.00000000     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.

<TABLE>
<CAPTION>
                                             INTEREST DISTRIBUTION STATEMENT
 -----------------------------------------------------------------------------------------------------------------------------------
                                               Beginning                        Payment of                     Non-
            Original            Current       Certificate/       Current          Unpaid        Current      Supported
              Face            Certificate      Notional          Accrued         Interest      Interest      Interest      Realized
  Class      Amount               Rate          Balance          Interest        Shortfall     Shortfall     Shortfall      Loss (4)
 -----------------------------------------------------------------------------------------------------------------------------------

<S>      <C>                  <C>          <C>                  <C>               <C>           <C>            <C>          <C>
    A     554,686,000.00       1.45000%     463,489,917.16       560,050.32        0.00          0.00           0.00         0.00
   A-R            100.00       3.51100%               0.00             0.00        0.00          0.00           0.00         0.00
   B-1      8,080,000.00       1.86000%       8,080,000.00        12,524.00        0.00          0.00           0.00         0.00
   B-2      5,771,000.00       2.73691%       5,771,000.00        13,162.26        0.00          0.00           0.00         0.00
   B-3      3,463,000.00       2.73691%       3,463,000.00         7,898.27        0.00          0.00           0.00         0.00
   B-4      1,442,000.00       2.73691%       1,442,000.00         3,288.86        0.00          0.00           0.00         0.00
   B-5      1,154,000.00       2.73691%       1,154,000.00         2,632.00        0.00          0.00           0.00         0.00
   B-6      2,600,498.71       2.73691%       2,600,498.71         5,931.11        0.00          0.00           0.00         0.00
   X-1             50.00       1.00777%      82,846,135.50        69,574.51        0.00          0.00           0.00         0.00
   X-2             50.00       1.33788%     388,723,781.66       433,388.82        0.00          0.00           0.00         0.00
 -----------------------------------------------------------------------------------------------------------------------------------
 Totals   577,196,698.71                                       1,108,450.15        0.00          0.00           0.00         0.00
 -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
 ----------------------------------------------------------
                                Remaining         Ending
                 Total            Unpaid       Certificate/
                Interest         Interest       Notational
  Class        Distribution     Shortfall        Balance
 ----------------------------------------------------------

<S>           <C>                <C>       <C>
    A           560,050.32         0.00      453,941,517.82
   A-R                0.00         0.00                0.00
   B-1           12,524.00         0.00        8,080,000.00
   B-2           13,162.26         0.00        5,771,000.00
   B-3            7,898.27         0.00        3,463,000.00
   B-4            3,288.86         0.00        1,442,000.00
   B-5            2,632.00         0.00        1,154,000.00
   B-6            5,931.11         0.00        2,600,498.71
   X-1           69,574.51         0.00       82,022,920.74
   X-2          433,388.82         0.00      379,998,597.08
 ----------------------------------------------------------
 Totals       1,108,450.15         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.

<PAGE>

<TABLE>
<CAPTION>

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

<S>       <C>               <C>             <C>               <C>            <C>           <C>           <C>           <C>
    A      554,686,000.00    1.45000%        835.58971591      1.00967091     0.00000000    0.00000000    0.00000000    0.00000000
   A-R             100.00    3.51100%          0.00000000      0.00000000     0.00000000    0.00000000    0.00000000    0.00000000
   B-1       8,080,000.00    1.86000%       1000.00000000      1.55000000     0.00000000    0.00000000    0.00000000    0.00000000
   B-2       5,771,000.00    2.73691%       1000.00000000      2.28075897     0.00000000    0.00000000    0.00000000    0.00000000
   B-3       3,463,000.00    2.73691%       1000.00000000      2.28075946     0.00000000    0.00000000    0.00000000    0.00000000
   B-4       1,442,000.00    2.73691%       1000.00000000      2.28076283     0.00000000    0.00000000    0.00000000    0.00000000
   B-5       1,154,000.00    2.73691%       1000.00000000      2.28076256     0.00000000    0.00000000    0.00000000    0.00000000
   B-6       2,600,498.71    2.73691%       1000.00000000      2.28075868     0.00000000    0.00000000    0.00000000    0.00000000
   X-1              50.00    1.00777%    1656922.71000000   1391.49020000     0.00000000    0.00000000    0.00000000    0.00000000
   X-2              50.00    1.33788%    7774475.63320000   8667.77640000     0.00000000    0.00000000    0.00000000    0.00000000
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
------------------------------------------------------------
                                Remaining          Ending
                 Total            Unpaid        Certificate/
  Class         Interest         Interest        Notational
   (5)         Distribution     Shortfall          Balance
------------------------------------------------------------

<S>           <C>            <C>              <C>
    A           1.00967091     0.00000000       818.37565365
   A-R          0.00000000     0.00000000         0.00000000
   B-1          1.55000000     0.00000000      1000.00000000
   B-2          2.28075897     0.00000000      1000.00000000
   B-3          2.28075946     0.00000000      1000.00000000
   B-4          2.28076283     0.00000000      1000.00000000
   B-5          2.28076256     0.00000000      1000.00000000
   B-6          2.28075868     0.00000000      1000.00000000
   X-1       1391.49020000     0.00000000   1640458.41480000
   X-2       8667.77640000     0.00000000   7599971.94160000
------------------------------------------------------------
</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.

                       CERTIFICATEHOLDER ACCOUNT STATEMENT

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------

                               CERTIFICATE ACCOUNT

Beginning Balance                                                         0.00

Deposits
<S>                                                            <C>
         Payments of Interest and Principal                      10,828,107.23
         Liquidations, Insurance Proceeds, Reserve Funds                  0.00
         Proceeds from Repurchased Loans                                  0.00
         Other Amounts (Servicer Advances)                              295.99
         Realized Losses                                                  0.00
         Prepayment Penalties                                             0.00
                                                            --------------------

Total Deposits                                                   10,828,403.22

Withdrawals
         Reimbursement for Servicer Advances                         15,423.60
         Payment of Service Fee                                     156,130.13
         Payment of Interest and Principal                       10,656,849.49
                                                            --------------------

Total Withdrawals (Pool Distribution Amount)                     10,828,403.22

Ending Balance                                                            0.00
                                                            ====================

--------------------------------------------------------------------------------
</TABLE>

<PAGE>

 <TABLE>
 <CAPTION>
   --------------------------------------------------------------------------------------
                    PREPAYMENT/CURTAILMENT INTEREST SHORTFALL

    <S>                                                                           <C>
       Total Prepayment/Curtailment Interest Shortfall                               0.00
       Servicing Fee Support                                                         0.00
                                                                   ----------------------

       Non-Supported Prepayment Curtailment Interest Shortfall                       0.00
                                                                   ======================

   --------------------------------------------------------------------------------------
 </TABLE>

   <TABLE>
   <CAPTION>
   --------------------------------------------------------------------------------------
                                 SERVICING FEES

 <S>                                                                        <C>
   Gross Servicing Fee                                                        152,080.13
   Master Servicing Fee                                                         4,050.00
   Supported Prepayment/Curtailment Interest Shortfall                              0.00
                                                                  ----------------------

   Net Servicing Fee                                                          156,130.13
                                                                  ======================

   --------------------------------------------------------------------------------------
   </TABLE>

<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------
                                        Beginning         Current          Current       Ending
         Account Type                    Balance         Withdrawals       Deposits      Balance
------------------------------------------------------------------------------------------------

<S>                                  <C>                 <C>              <C>        <C>
Basis Risk Reserve Fund - X-1           1,512.84            0.00             0.00       1,512.56
Basis Risk Reserve Fund - X-2           8,487.16            0.00             0.00       8,487.44

------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

                   LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------
            DELINQUENT                                           BANKRUPTCY
-----------------------------------------------------------------------------------------------------

               No. of          Principal Balance                  No. of          Principal Balance
               Loans                                               Loans

<S>            <C>                   <C>          <C>              <C>                       <C>
30 Days          1                     149,550.97   30 Days          0                         0.00
60 Days          0                           0.00   60 Days          0                         0.00
90 Days          0                           0.00   90 Days          0                         0.00
120 Days         0                           0.00   120 Days         0                         0.00
150 Days         0                           0.00   150 Days         0                         0.00
180+ Days        0                           0.00   180+ Days        0                         0.00
          ---------------------------------------               -------------------------------------
                 1                     149,550.97                    0                         0.00

               No. of          Principal Balance                  No. of          Principal Balance
               Loans                                               Loans

30 Days      0.075700%                  0.031389%   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%
          ---------------------------------------               -------------------------------------
             0.075700%                  0.031389%                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>
 30 Days           0                         0.00   30 Days           0                        0.00
 60 Days           0                         0.00   60 Days           0                        0.00
 90 Days           0                         0.00   90 Days           0                        0.00
 120 Days          0                         0.00   120 Days          0                        0.00
 150 Days          0                         0.00   150 Days          0                        0.00
 180+ Days         0                         0.00   180+ Days         0                        0.00
          ---------------------------------------               -------------------------------------
                   0                         0.00                     0                        0.00

                 No. of         Principal Balance                  No. of         Principal Balance
                 Loans                                              Loans

 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>
30 Days          1                   149,550.97
60 Days          0                         0.00
90 Days          0                         0.00
120 Days         0                         0.00
150 Days         0                         0.00
180+ Days        0                         0.00
          ---------------------------------------
                 1                   149,550.97

               No. of          Principal Balance
               Loans

30 Days      0.075700%                0.031389%
60 Days      0.000000%                0.000000%
90 Days      0.000000%                0.000000%
120 Days     0.000000%                0.000000%
150 Days     0.000000%                0.000000%
180+ Days    0.000000%                0.000000%
          ---------------------------------------
             0.075700%                0.031389%
-------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
<S>                          <C>      <C>                         <C>        <C>                   <C>
Current Period                          Principal Balance of
Class A Insufficient Funds:    0.00     Contaminated Properties      0.00       Periodic Advance      295.99
</TABLE>

<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------
                                     Original $     Original %           Current $         Current %

             <S>                <C>              <C>                 <C>                <C>
                  Bankruptcy         100,261.00     0.01737033%           100,261.00       0.02104325%
                       Fraud      17,315,901.00     3.00000001%        10,161,109.97       2.13266176%
              Special Hazard       5,771,967.00     1.00000000%         4,764,520.17       1.00000000%

    Limit of subordinate's exposure to certain types of losses
---------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

                           DELINQUENCY STATUS BY GROUP

                                 ONE-MONTH LIBOR

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------
               DELINQUENT                                        BANKRUPTCY
-----------------------------------------------------------------------------------------------------

                 No. of       Principal Balance                    No. of         Principal Balance
                 Loans                                              Loans

<S>              <C>                     <C>    <C>                 <C>                      <C>
30 Days            0                       0.00   30 Days             0                        0.00
60 Days            0                       0.00   60 Days             0                        0.00
90 Days            0                       0.00   90 Days             0                        0.00
120 Days           0                       0.00   120 Days            0                        0.00
150 Days           0                       0.00   150 Days            0                        0.00
180+ Days          0                       0.00   180+ Days           0                        0.00
          ---------------------------------------               -------------------------------------
                   0                       0.00                       0                        0.00

                 No. of       Principal Balance                    No. of         Principal Balance
                 Loans                                              Loans

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>
-----------------------------------------------------------------------------------------------------
              FORECLOSURE                                           REO
-----------------------------------------------------------------------------------------------------

                 No. of        Principal Balance                   No. of         Principal Balance
                 Loans                                              Loans

<S>              <C>                       <C>    <C>               <C>                       <C>
30 Days            0                         0.00   30 Days           0                         0.00
60 Days            0                         0.00   60 Days           0                         0.00
90 Days            0                         0.00   90 Days           0                         0.00
120 Days           0                         0.00   120 Days          0                         0.00
150 Days           0                         0.00   150 Days          0                         0.00
180+ Days          0                         0.00   180+ Days         0                         0.00
          ---------------------------------------               -------------------------------------
                   0                         0.00                     0                         0.00

                No. of         Principal Balance                   No. of         Principal Balance
                 Loans                                              Loans

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>
30 Days            0                        0.00
60 Days            0                        0.00
90 Days            0                        0.00
120 Days           0                        0.00
150 Days           0                        0.00
180+ Days          0                        0.00
          ---------------------------------------
                   0                        0.00
-------------------------------------------------

                 No. of        Principal Balance
                 Loans

30 Days        0.000000%               0.000000%
60 Days        0.000000%               0.000000%
90 Days        0.000000%               0.000000%
120 Days       0.000000%               0.000000%
150 Days       0.000000%               0.000000%
180+ Days      0.000000%               0.000000%
          ---------------------------------------
               0.000000%               0.000000%
-------------------------------------------------
</TABLE>

                                       SIX-MONTH LIBOR
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------
              DELINQUENT                                          BANKRUPTCY
-----------------------------------------------------------------------------------------------------

                No. of             Principal Balance               No. of         Principal Balance
                Loans                                               Loans

<S>             <C>                     <C>          <C>            <C>                      <C>
30 Days           1                       149,550.97   30 Days        0                        0.00
60 Days           0                             0.00   60 Days        0                        0.00
90 Days           0                             0.00   90 Days        0                        0.00
120 Days          0                             0.00   120 Days       0                        0.00
150 Days          0                             0.00   150 Days       0                        0.00
180+ Days         0                             0.00   180+ Days      0                        0.00
          ---------------------------------------               -------------------------------------
                  1                       149,550.97                  0                        0.00

                No. of             Principal Balance               No. of         Principal Balance
                Loans                                               Loans

30 Days       0.090253%                    0.038164%   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%
          ---------------------------------------               -------------------------------------
              0.090253%                    0.038164%              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>
30 Days            0                        0.00   30 Days            0                        0.00
60 Days            0                        0.00   60 Days            0                        0.00
90 Days            0                        0.00   90 Days            0                        0.00
120 Days           0                        0.00   120 Days           0                        0.00
150 Days           0                        0.00   150 Days           0                        0.00
180+ Days          0                        0.00   180+ Days          0                        0.00
          ---------------------------------------               -------------------------------------
                   0                        0.00                      0                        0.00

                No. of         Principal Balance                   No. of         Principal Balance
                 Loans                                              Loans

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>
30 Days            1                  149,550.97
60 Days            0                        0.00
90 Days            0                        0.00
120 Days           0                        0.00
150 Days           0                        0.00
180+ Days          0                        0.00
          ---------------------------------------
                   1                  149,550.97

                 No. of        Principal Balance
                 Loans

30 Days        0.090253%               0.038164%
60 Days        0.000000%               0.000000%
90 Days        0.000000%               0.000000%
120 Days       0.000000%               0.000000%
150 Days       0.000000%               0.000000%
180+ Days      0.000000%               0.000000%
          ---------------------------------------
               0.090253%               0.038164%
-------------------------------------------------
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------

                              COLLATERAL STATEMENT

<S>                                                              <C>
Collateral Description                                              Mixed Fixed & Arm

Weighted Average Gross Coupon                                               3.122418%
Weighted Average Net Coupon                                                 2.746912%
Weighted Average Pass-Through Rate                                          2.736912%
Weighted Average Maturity (Stepdown Calculation)                                  344

Beginning Scheduled Collateral Loan Count                                       1,349
Number of Loans Paid in Full                                                       28
Ending Scheduled Collateral Loan Count                                          1,321

Beginning Scheduled Collateral Balance                                 486,000,415.87
Ending Scheduled Collateral Balance                                    476,452,016.53
Ending Actual Collateral Balance at 29-Aug-2003                        476,448,205.99

Monthly P&I Constant                                                     1,266,152.48
Special Servicing Fee                                                            0.00
Prepayment Penalties                                                             0.00
Realization Loss Amount                                                          0.00
Cumulative Realized Loss                                                         0.00
Scheduled Principal                                                              6.45
Unscheduled Principal                                                    9,548,392.89
--------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
------------------------------------------------------------------
                      MISCELLANEOUS REPORTING

<S>                                           <C>
Pro Rata Senior Percent                          95.368214%
Senior Percent                                  100.000000%
Senior Prepay Percent                           100.000000%
Subordinate Percent                               0.000000%
Subordinate Prepay Percent                        0.000000%
------------------------------------------------------------------
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------
              GROUP                        ONE MONTH LIBOR            SIX MONTH LIBOR                TOTAL

<S>                                        <C>                       <C>                    <C>
Collateral Description                             Monthly               6 Month Arm            Mixed Fixed & Arm
Weighted Average Coupon Rate                      2.849790                  3.180521                     3.122418
Weighted Average Net Rate                         2.474790                  2.804907                     2.746912
Pass-Through Rate                                 2.464790                  2.794907                     2.736912
Weighted Average Maturity                              304                       305                          344
Record Date                                     08/29/2003                08/29/2003                   08/29/2003
Principal and Interest Constant                 204,331.40              1,061,821.08                 1,266,152.48
Beginning Loan Count                                   216                     1,133                        1,349
Loans Paid in Full                                       3                        25                           28
Ending Loan Count                                      213                     1,108                        1,321
Beginning Scheduled Balance                  85,381,307.93            400,619,107.94               486,000,415.87
Ending Scheduled Balance                     84,584,774.69            391,867,241.84               476,452,016.53
Scheduled Principal                                   0.00                      6.45                         6.45
Unscheduled Principal                           796,533.24              8,751,859.65                 9,548,392.89
Scheduled Interest                              202,765.65              1,061,814.63                 1,264,580.28
Servicing Fee                                    26,681.66                125,398.47                   152,080.13
Master Servicing Fee                                711.52                  3,338.48                     4,050.00
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                                    175,372.47                933,077.68                 1,108,450.15
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
--------------------------------------------------------------------------------------------------------------------
</TABLE><PAGE>

                                                          EXHIBIT 10.1
The Bank of New York
Corporate Trust and Agency Services
5 Penn Plaza, 16th Floor
New York, NY  10001
Patricia O'Neil Manella
(212) 328-7574

Distribution Date:  September 30, 2003

                      SEQUOIA MORTGAGE FUNDING CORPORATION
                 COLLATERALIZED MBS FUNDING BONDS, SERIES 2002-A

                    CERTIFICATE MONTHLY DISTRIBUTION SUMMARY

<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------------
                                                     BEGINNING                    PASS                  INTEREST
     CLASS                 CUSIP                    CERT BALANCE                 THROUGH              DISTRIBUTION
-------------------------------------------------------------------------------------------------------------------
<S>                <C>                     <C>                      <C>                        <C>
      A-1                      81743UAA3            33,275,093.22                  1.710000%             47,417.01
      A-2                      81743UAB1            11,210,892.49                  1.860000%             17,376.88
-------------------------------------------------------------------------------------------------------------------
           Total                                    44,485,985.70                                        64,793.89
-------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------
                           PRINCIPAL                    TOTAL                REALIZED              ENDING CERT
     CLASS                DISTRIBUTION              DISTRIBUTION              LOSSES                 BALANCE
----------------------------------------------------------------------------------------------------------------
<S>                   <C>                    <C>                    <C>                  <C>
      A-1                     1,035,062.51           1,082,479.51                0.00            32,240,030.71
      A-2                       605,168.45             622,545.33                0.00            10,605,724.03
----------------------------------------------------------------------------------------------------------------
           Total              1,640,230.96           1,705,024.85                0.00            42,845,754.75
----------------------------------------------------------------------------------------------------------------

</TABLE>

                          CURRENT PAYMENT INFORMATION
                               FACTORS PER $1.00

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------
                                                        ORIGINAL CERT               BEGINNING               INTEREST
        CLASS                   CUSIP                      BALANCE                     FACTOR                 FACTOR
------------------------------------------------------------------------------------------------------------------------
<S>                      <C>                   <C>                       <C>                       <C>
         A-1                  81743UAA3                  64,761,000.00             513.813764743            0.732184615
         A-2                  81743UAB1                  15,861,000.00             706.821290286            1.095573000
------------------------------------------------------------------------------------------------------------------------
        Total                                            80,622,000.00             551.784695291            0.803675066
------------------------------------------------------------------------------------------------------------------------

</TABLE>

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------
                                      PRINCIPAL                  ENDING                   CURRENT PASS
        CLASS                          FACTOR                    FACTOR                      THROUGH
--------------------------------------------------------------------------------------------------------
<S>                        <C>                      <C>                       <C>
         A-1                         15.982806102             497.830958641                   1.710000%
         A-2                         38.154495334             668.666794952                   1.860000%
--------------------------------------------------------------------------------------------------------
        Total                        20.344706860             531.439988431
--------------------------------------------------------------------------------------------------------

</TABLE>

             UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP I

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------
                                                            ORIGINAL                 BEGINNING              PASS
          SERIES                  CLASS                     BALANCE                   BALANCE              THROUGH
----------------------------------------------------------------------------------------------------------------------
<S>                           <C>              <C>                        <C>                      <C>
         CWMBS 94K                  A1                   123,119,000.00               369,019.03            3.737097%
       DLJMA 93-Q18                1A1                    51,833,000.00                     0.00            0.000000%
        DLJMA 94-2A                1A1                    85,787,000.00               580,442.29            4.822201%
         ONE 00-2                   2A                   152,653,000.00             5,852,774.43            4.153171%
        RYMS3 92-B                 1A2                     7,712,906.00                     0.00            0.000000%
         SBM7 94-2                  A1                    49,384,000.00             1,093,844.67            5.749773%
         SMS 91-K                   A1                   110,588,063.00                     0.00            0.000000%
         SMS 91-K                   A3                     1,917,885.00                     0.00            0.000000%
        EAGLE 98-1                  M1                    46,029,000.00            16,303,925.72            2.110000%
         INMC 94-R                  M2                     4,620,000.00             2,119,585.70            4.127352%
         INMC 94-V                  B1                     3,618,000.00             1,268,072.61            4.223531%
         INMC 94-X                  B1                     2,769,000.00               982,711.05            4.369736%
         INMC 95-C                  B1                    12,828,797.00             3,614,612.92            4.372428%
         INMC 95-T                  A2                    65,695,250.00             1,744,603.40            3.631345%
----------------------------------------------------------------------------------------------------------------------
                      Total                              718,554,901.00            33,929,591.82
----------------------------------------------------------------------------------------------------------------------

</TABLE>

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------
                                     INTEREST              PRINCIPAL                     TOTAL             REALIZED
          SERIES                   DISTRIBUTION           DISTRIBUTION               DISTRIBUTION           LOSSES
-----------------------------------------------------------------------------------------------------------------------
<S>                             <C>                   <C>                    <C>                       <C>
         CWMBS 94K                         1,149.22              64,120.75                 65,269.97               0.00
       DLJMA 93-Q18                            0.00                   0.00                      0.00               0.00
        DLJMA 94-2A                        2,332.51               1,313.66                  3,646.17               0.00
         ONE 00-2                         20,256.31             421,536.28                441,792.60               0.00
        RYMS3 92-B                             0.00                   0.00                      0.00               0.00
         SBM7 94-2                         5,241.13               4,800.80                 10,041.93               0.00
         SMS 91-K                              0.00                   0.00                      0.00               0.00
         SMS 91-K                              0.00                   0.00                      0.00               0.00
        EAGLE 98-1                        29,623.33             327,477.18                357,100.51               0.00
         INMC 94-R                         7,290.23              47,332.26                 54,622.49               0.00
         INMC 94-V                         4,463.12              93,416.88                 97,880.00               0.00
         INMC 94-X                         3,578.49              38,324.91                 41,903.40               0.00
         INMC 95-C                        13,170.53              32,712.98                 45,883.51               0.00
         INMC 95-T                         5,279.38               4,026.80                  9,306.18               0.00
------------------------------------------------------------------------------------------------------------------------
                      Total               92,384.25           1,035,062.51              1,127,446.75
------------------------------------------------------------------------------------------------------------------------

</TABLE>

<TABLE>
<CAPTION>
-------------------------------------------------------------------------
                                  INTEREST              PRINCIPAL
          SERIES                  SHORTFALL          ENDING BALANCE
-------------------------------------------------------------------------
<S>                            <C>               <C>
         CWMBS 94K                        0.00                304,898.28
       DLJMA 93-Q18                       0.00                      0.00
        DLJMA 94-2A                       0.00                579,128.64
         ONE 00-2                         0.00              5,431,238.14
        RYMS3 92-B                        0.00                      0.00
         SBM7 94-2                        0.00              1,089,043.86
         SMS 91-K                         0.00                      0.00
         SMS 91-K                         0.00                      0.00
        EAGLE 98-1                        0.00             15,976,448.54
         INMC 94-R                        0.00              2,072,253.44
         INMC 94-V                        0.00              1,174,655.73
         INMC 94-X                        0.00                944,386.14
         INMC 95-C                        0.00              3,581,899.94
         INMC 95-T                        0.00              1,740,576.60
-------------------------------------------------------------------------
                      Total               0.00             32,894,529.31
-------------------------------------------------------------------------

</TABLE>

<PAGE>

             UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP II

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
                                                           ORIGINAL                 BEGINNING              PASS
          SERIES                  CLASS                    BALANCE                   BALANCE              THROUGH
--------------------------------------------------------------------------------------------------------------------------------
<S>                           <C>              <C>                        <C>                      <C>
       GRCAP 94-HM4                 A1                   245,813,000.00               401,105.43            4.467707%
         INMC 95-E                  B1                     4,608,492.00             2,584,832.73            4.480418%
         PMLT 99-A                  M1                     2,914,000.00             1,861,035.66            2.283664%
         RTC 95-2                   A3                   119,696,000.00             6,525,072.63            3.328468%
--------------------------------------------------------------------------------------------------------------------------------
                      Total                              373,031,492.00            11,372,046.45
--------------------------------------------------------------------------------------------------------------------------------

</TABLE>

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
                                   INTEREST              PRINCIPAL                    TOTAL                  REALIZED
          SERIES                 DISTRIBUTION           DISTRIBUTION               DISTRIBUTION               LOSSES
--------------------------------------------------------------------------------------------------------------------------------
<S>                            <C>                   <C>                    <C>                       <C>
       GRCAP 94-HM4                       1,493.35              19,244.66                 20,738.01               0.00
         INMC 95-E                        9,650.94             184,487.65                194,138.59               0.00
         PMLT 99-A                        3,541.65              43,505.05                 47,046.70               0.00
         RTC 95-2                        18,098.75             357,931.09                376,029.84               0.00
--------------------------------------------------------------------------------------------------------------------------------
                      Total              32,784.69             605,168.45                637,953.14               0.00
--------------------------------------------------------------------------------------------------------------------------------

</TABLE>

<TABLE>
<CAPTION>
--------------------------------------------------------------------------
                                  INTEREST                   ENDING
          SERIES                  SHORTFALL                 BALANCE
--------------------------------------------------------------------------
<S>                             <C>               <C>

       GRCAP 94-HM4                        0.00                381,860.77
         INMC 95-E                         0.00              2,400,345.08
         PMLT 99-A                         0.00              1,817,530.61
         RTC 95-2                          0.00              6,167,141.54
--------------------------------------------------------------------------
                      Total                0.00             10,766,878.00
--------------------------------------------------------------------------
</TABLE>

                 UNDERLYING POOL DELINQUENT INFORMATION BY GROUP

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------
                                                 LOANS
                                              OUTSTANDING           DELINQUENT 30-59 DAYS
              SERIES                            BALANCE          NO.               BALANCE
------------------------------------------------------------------------------------------------------
<S>                                  <C>                        <C>        <C>
            CWMBS 94K                            7,790,032.69          1                    90,919.69
         DLJMA 93-Q18(1)                                 0.00          0                         0.00
          DLJMA 94-2A(1)                           940,895.91          0                         0.00
           ONE 00-2(2)                         229,234,066.30         64                 5,432,381.00
          RYMS3 92-B(2)                                  0.00          0                         0.00
           SBM7 94-2(2)                          3,805,867.47          1                    82,359.60
             SMS 91-K                                    0.00          0                         0.00
            EAGLE 98-1                          24,776,656.70         17                 1,629,993.81
            INMC 94-R                            6,366,053.00          0                         0.00
            INMC 94-V                            5,301,738.68          0                         0.00
            INMC 94-X                            4,448,062.93          2                   345,177.17
            INMC 95-C                            7,041,789.29          1                    78,932.21
           INMC 95-T(2)                          6,146,628.19          3                 1,098,231.24
------------------------------------------------------------------------------------------------------
              Total                            295,851,791.16         89                 8,757,994.72
------------------------------------------------------------------------------------------------------

</TABLE>

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------
                                         DELINQUENT 0-89 DAYS                  DELINQUENT 90+ DAYS
              SERIES                   NO.              BALANCE              NO.             BALANCE
--------------------------------------------------------------------------------------------------------------
<S>                                   <C>        <C>                        <C>        <C>
            CWMBS 94K                        1                 180,490.59          0                     0.00
         DLJMA 93-Q18(1)                     0                       0.00          0                     0.00
          DLJMA 94-2A(1)                     0                       0.00          0                     0.00
           ONE 00-2(2)                      13               1,392,749.00         12             2,101,397.00
          RYMS3 92-B(2)                      0                       0.00          0                     0.00
           SBM7 94-2(2)                      0                       0.00          0                     0.00
             SMS 91-K                        0                       0.00          0                     0.00
            EAGLE 98-1                       5                 267,928.38         18             2,156,163.99
            INMC 94-R                        0                       0.00          0                     0.00
            INMC 94-V                        0                       0.00          0                     0.00
            INMC 94-X                        2                 229,202.31          1                47,237.86
            INMC 95-C                        0                       0.00          0                     0.00
           INMC 95-T(2)                      1                  79,514.59          1               163,432.36
--------------------------------------------------------------------------------------------------------------
              Total                         22               2,149,884.87         32             4,468,231.21
--------------------------------------------------------------------------------------------------------------

</TABLE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                             FORECLOSURE                             REO                       REALIZED LOSSES
              SERIES                   NO.             BALANCE             NO.             BALANCE               CURR. AMOUNT
------------------------------------------------------------------------------------------------------------------------------------
<S>                                   <C>        <C>                      <C>        <C>                      <C>
            CWMBS 94K                        1               236,045.32          0                     0.00                    0.00
         DLJMA 93-Q18(1)                     0                     0.00          0                     0.00                    0.00
          DLJMA 94-2A(1)                     0                     0.00          0                     0.00                    0.00
           ONE 00-2(2)                      14             1,242,364.00          6             1,891,498.00                    0.00
          RYMS3 92-B(2)                      0                     0.00          0                     0.00                    0.00
           SBM7 94-2(2)                      0                     0.00          0                     0.00              210,938.33
             SMS 91-K                        0                     0.00          0                     0.00                    0.00
            EAGLE 98-1                      23             2,635,661.40         11             1,481,985.55                    0.00
            INMC 94-R                        3             1,395,172.90          0                     0.00                    0.00
            INMC 94-V                        0                     0.00          0                     0.00                    0.00
            INMC 94-X                        1               138,366.69          0                     0.00                    0.00
            INMC 95-C                        3               334,391.92          0                     0.00                    0.00
           INMC 95-T(2)                      0                     0.00          0                     0.00                   14.99
------------------------------------------------------------------------------------------------------------------------------------
              Total                         45             5,982,002.23         17             3,373,483.55              210,953.32
------------------------------------------------------------------------------------------------------------------------------------

</TABLE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------
                                                 LOANS
                                              OUTSTANDING               DELINQUENT 30-59 DAYS
              SERIES                            BALANCE              NO.               BALANCE
------------------------------------------------------------------------------------------------------
<S>                                  <C>                        <C>         <C>
           GRCAP 94-HM4                          5,286,320.57          0                         0.00
            INMC 95-E                           11,573,035.48          4                   580,442.51
            PMLT 99-A                           25,721,121.04         36                 2,980,566.23
           RTC 95-2(1)                          18,457,187.10          9                   515,839.90
------------------------------------------------------------------------------------------------------
              Total                             61,037,644.19         49                 4,076,848.64
------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------

            Total All                          356,889,455.35        138                12,834,843.36
------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------
                                              DELINQUENT 60-89 DAYS                 DELINQUENT 90+ DAYS
              SERIES                        NO.              BALANCE              NO.             BALANCE
---------------------------------------------------------------------------------------------------------------
<S>                                     <C>       <C>                        <C>        <C>
           GRCAP 94-HM4                       0                       0.00          0                     0.00
            INMC 95-E                         2                 468,684.98          0                     0.00
            PMLT 99-A                        12                 695,942.37          5               348,097.44
           RTC 95-2(1)                        1                 112,148.96          4               332,468.75
---------------------------------------------------------------------------------------------------------------
              Total                          15               1,276,776.31          9               680,566.19
---------------------------------------------------------------------------------------------------------------

---------------------------------------------------------------------------------------------------------------

            Total All                        37               3,426,661.18         41             5,148,797.40
---------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                                  FORECLOSURE                                REO                  REALIZED LOSSES
              SERIES                        NO.             BALANCE             NO.             BALANCE             CURR. AMOUNT
------------------------------------------------------------------------------------------------------------------------------------
<S>                                     <C>       <C>                      <C>        <C>                      <C>
           GRCAP 94-HM4                       1                44,499.62          0                     0.00                   0.00
            INMC 95-E                         6               774,974.07          0                     0.00                   0.00
            PMLT 99-A                        18             1,218,754.80          6               231,965.54                   0.00
           RTC 95-2(1)                        1                32,103.06          0                     0.00                   0.00
------------------------------------------------------------------------------------------------------------------------------------
              Total                          26             2,070,331.55          6               231,965.54                   0.00
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

            Total All                        71             8,052,333.78         23             3,605,449.09             210,953.32
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

(1)     Information shown for the Underlying Mortgage Loans for this Pooled
        Security is based on the Underlying Mortgage Loan group related to such
        Pooled Security only.
(2)     Information shown for the Underlying Mortgage Loans for this Pooled
        Security is based on all the Underlying Mortgage Loan groups in the
        related series.

<PAGE>

                         CERTIFICATE ACCOUNT INFORMATION

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                                                            WITHDRAWALS
     GROUP         BEGINNING BALANCE       FUNDS DEPOSITED                  TRUSTEE FEE                    MANAGEMENT FEE
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>                    <C>                          <C>                              <C>
       I                  0.00                      1,127,446.75                           848.24                            0.00
      II                  0.00                        637,953.14                           284.30                            0.00
------------------------------------------------------------------------------------------------------------------------------------
          Total           0.00                      1,765,399.89                         1,132.54                            0.00
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------
     GROUP              AVAILABLE FUNDS               FUNDS DISTRIBUTED            ENDING BALANCE
--------------------------------------------------------------------------------------------------------
<S>                 <C>                            <C>                           <C>
       I                          1,126,598.51                  1,082,479.51                44,119.00
      II                            637,668.84                    622,545.33                15,123.50
--------------------------------------------------------------------------------------------------------
          Total                   1,764,267.35                  1,705,024.85                59,242.51
--------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------
              ADDITIONAL REPORTING ITEMS                                 POOL I           POOL II              TOTAL
----------------------------------------------------------------------------------------------------------------------------
<S>        <C>                                             <C>                          <C>              <C>
2.15(a)    Available Interest                                               92,384.25        32,784.69           125,168.94
----------------------------------------------------------------------------------------------------------------------------
           Available Principal                                           1,035,062.51       605,168.45         1,640,230.96
----------------------------------------------------------------------------------------------------------------------------
2.15(b)    Monthly Interest Amt.                           see p. 1
----------------------------------------------------------------------------------------------------------------------------
2.15(c)    Carryforward Interest                                                 0.00             0.00                 0.00
----------------------------------------------------------------------------------------------------------------------------
2.15(d)    Principal Paid                                  see p. 1
----------------------------------------------------------------------------------------------------------------------------
2.15(e)    Class Print Amts.                               see p. 1
----------------------------------------------------------------------------------------------------------------------------
2.15(f)    Beginning Actual OC                                                1.9290%          1.4171%
----------------------------------------------------------------------------------------------------------------------------
           Ending Actual OC                                                   1.9897%          1.4968%
----------------------------------------------------------------------------------------------------------------------------
2.15(g)    2nd preceding pool bal                                      320,075,786.69    66,113,086.88       386,188,873.57
----------------------------------------------------------------------------------------------------------------------------
2.15(h)    Required OC                                                        2.7000%           2.000%
----------------------------------------------------------------------------------------------------------------------------
2.15(i)    Has Step-up Occurred?                                                   No               No
----------------------------------------------------------------------------------------------------------------------------
2.15(k)    Monies Deposited to Reserve Fund                                      0.00             0.00                 0.00
----------------------------------------------------------------------------------------------------------------------------
2.15(l)    Amts. Dist. to Investor Certificateholders                       44,119.00        15,123.50            59,242.51
----------------------------------------------------------------------------------------------------------------------------
</TABLE>

Note: Management Fee is to be paid on an annual basis. This month's Fee together
with last month's annualized amount equals the full annual Fee.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00056-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00056-of-00352.parquet"}]]