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

                                SMT SERIES 2002-9
                          RECORD DATE: JANUARY 31, 2003
                      DISTRIBUTION DATE: FEBRUARY 20, 2003

                     CERTIFICATEHOLDER DISTRIBUTION SUMMARY

<TABLE>
<CAPTION>
                   Certificate Certificate    Beginning                              Current      Ending                  Cumulative
                      Class    Pass-Through  Certificate     Interest    Principal   Realized   Certificate     Total      Realized
  Class    CUSIP   Description     Rate        Balance     Distribution Distribution   Loss       Balance    Distribution    Loss
  -----    -----   -----------     ----        -------     ------------ ------------   ----       -------    ------------    ----
<S>      <C>       <C>         <C>          <C>            <C>          <C>          <C>      <C>            <C>          <C>
    1A   81743SAA8     SEN       1.71125%   371,172,126.48   529,306.92   644,911.55     0.00 370,527,214.93 1,174,218.47       0.00
    2A   81743SAB6     SEN       3.27487%   160,516,743.92   438,059.66 3,942,022.25     0.00 156,574,721.67 4,380,081.91       0.00
   X-1A  81743SAC4      IO       1.05283%             0.00   173,852.63         0.00     0.00           0.00   173,852.63       0.00
   X-1B  81743SAD2      IO       1.18810%             0.00   171,302.12         0.00     0.00           0.00   171,302.12       0.00
   X-B   81743SAE0      IO       0.85322%             0.00     5,476.23         0.00     0.00           0.00     5,476.23       0.00
   A-R   81743SAF7     SEN       3.31673%             0.00         0.00         0.00     0.00           0.00         0.00       0.00
   B-1   81743SAG5     SUB       2.11125%     7,702,000.00    13,550.71         0.00     0.00   7,702,000.00    13,550.71       0.00
   B-2   81743SAH3     SUB       2.96447%     4,564,000.00    11,274.86         0.00     0.00   4,564,000.00    11,274.86       0.00
   B-3   81743SAJ9     SUB       2.96447%     3,424,000.00     8,458.61         0.00     0.00   3,424,000.00     8,458.61       0.00
   B-4   SMT0209B4     SUB       2.96447%     1,426,000.00     3,522.77         0.00     0.00   1,426,000.00     3,522.77       0.00
   B-5   SMR0209B5     SUB       2.96447%       856,000.00     2,114.65         0.00     0.00     856,000.00     2,114.65       0.00
   B-6   SMT0209B6     SUB       2.96447%     1,997,086.78     4,933.58         0.00     0.00   1,997,086.78     4,933.58       0.00
------   ---------     ---       -------    -------------- ------------ ------------     ---- -------------- ------------       ----
Totals                                      551,657,957.18 1,361,852.74 4,586,933.80     0.00 547,071,023.38 5,948,786.54       0.00
------   ---------     ---       -------    -------------- ------------ ------------     ---- -------------- ------------       ----
</TABLE>

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

<TABLE>
<CAPTION>
             Original        Beginning       Scheduled     Unscheduled
               Face         Certificate      Principal      Principal                 Realized
Class         Amount          Balance       Distribution   Distribution   Accretion   Loss (1)
-----         ------          -------       ------------   ------------   ---------   --------
<S>       <C>              <C>              <C>            <C>            <C>         <C>
   1A     381,698,000.00   371,172,126.48          1.30      644,910.25      0.00         0.00
   2A     168,875,000.00   160,516,743.92          0.00    3,942,022.25      0.00         0.00
  X-1A              0.00             0.00          0.00            0.00      0.00         0.00
  X-1B              0.00             0.00          0.00            0.00      0.00         0.00
  X-B               0.00             0.00          0.00            0.00      0.00         0.00
  A-R             100.00             0.00          0.00            0.00      0.00         0.00
  B-1       7,702,000.00     7,702,000.00          0.00            0.00      0.00         0.00
  B-2       4,564,000.00     4,564,000.00          0.00            0.00      0.00         0.00
  B-3       3,424,000.00     3,424,000.00          0.00            0.00      0.00         0.00
  B-4       1,426,000.00     1,426,000.00          0.00            0.00      0.00         0.00
  B-5         856,000.00       856,000.00          0.00            0.00      0.00         0.00
  B-6       1,997,086.78     1,997,086.78          0.00            0.00      0.00         0.00
          --------------   --------------          ----    ------------      ----         ----
Totals    570,533,186.78   551,657,957.18          1.30    4,586,932.50      0.00         0.00
          --------------   --------------          ----    ------------      ----         ----
</TABLE>

<TABLE>
<CAPTION>
             Total          Ending          Ending         Total
           Principal      Certificate     Certificate    Principal
Class      Reduction        Balance       Percentage    Distribution
-----      ---------        -------       ----------    ------------
<S>       <C>            <C>              <C>          <C>
   1A       644,911.55   370,527,214.93   0.97075686     644,911.55
   2A     3,942,022.25   156,574,721.67   0.92716341   3,942,022.25
  X-1A            0.00             0.00   0.00000000           0.00
  X-1B            0.00             0.00   0.00000000           0.00
  X-B             0.00             0.00   0.00000000           0.00
  A-R             0.00             0.00   0.00000000           0.00
  B-1             0.00     7,702,000.00   1.00000000           0.00
  B-2             0.00     4,564,000.00   1.00000000           0.00
  B-3             0.00     3,424,000.00   1.00000000           0.00
  B-4             0.00     1,426,000.00   1.00000000           0.00
  B-5             0.00       856,000.00   1.00000000           0.00
  B-6             0.00     1,997,086.78   1.00000000           0.00
          ------------   --------------   ----------   ------------
Totals    4,586,933.80   547,071,023.38   0.95887678   4,586,933.80
          ------------   --------------   ----------   ------------
</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.

<TABLE>
<CAPTION>
             Original        Beginning       Scheduled     Unscheduled
               Face         Certificate      Principal      Principal                 Realized
Class         Amount          Balance       Distribution   Distribution   Accretion   Loss (1)
-----         ------          -------       ------------   ------------   ---------   --------
<S>       <C>              <C>              <C>            <C>            <C>         <C>
   1A     381,698,000.00   371,172,126.48          1.30      644,910.25      0.00         0.00
   2A     168,875,000.00   160,516,743.92          0.00    3,942,022.25      0.00         0.00
  X-1A              0.00             0.00          0.00            0.00      0.00         0.00
  X-1B              0.00             0.00          0.00            0.00      0.00         0.00
  X-B               0.00             0.00          0.00            0.00      0.00         0.00
  A-R             100.00             0.00          0.00            0.00      0.00         0.00
  B-1       7,702,000.00     7,702,000.00          0.00            0.00      0.00         0.00
  B-2       4,564,000.00     4,564,000.00          0.00            0.00      0.00         0.00
  B-3       3,424,000.00     3,424,000.00          0.00            0.00      0.00         0.00
  B-4       1,426,000.00     1,426,000.00          0.00            0.00      0.00         0.00
  B-5         856,000.00       856,000.00          0.00            0.00      0.00         0.00
  B-6       1,997,086.78     1,997,086.78          0.00            0.00      0.00         0.00
          --------------   --------------          ----    ------------      ----         ----
Totals    570,533,186.78   551,657,957.18          1.30    4,586,932.50      0.00         0.00
          --------------   --------------          ----    ------------      ----         ----
</TABLE>

<TABLE>
<CAPTION>
             Total          Ending          Ending         Total
           Principal      Certificate     Certificate    Principal
Class      Reduction        Balance       Percentage    Distribution
-----      ---------        -------       ----------    ------------
<S>       <C>            <C>              <C>          <C>
   1A       644,911.55   370,527,214.93   0.97075686     644,911.55
   2A     3,942,022.25   156,574,721.67   0.92716341   3,942,022.25
  X-1A            0.00             0.00   0.00000000           0.00
  X-1B            0.00             0.00   0.00000000           0.00
  X-B             0.00             0.00   0.00000000           0.00
  A-R             0.00             0.00   0.00000000           0.00
  B-1             0.00     7,702,000.00   1.00000000           0.00
  B-2             0.00     4,564,000.00   1.00000000           0.00
  B-3             0.00     3,424,000.00   1.00000000           0.00
  B-4             0.00     1,426,000.00   1.00000000           0.00
  B-5             0.00       856,000.00   1.00000000           0.00
  B-6             0.00     1,997,086.78   1.00000000           0.00
          ------------   --------------   ----------   ------------
Totals    4,586,933.80   547,071,023.38   0.95887678   4,586,933.80
          ------------   --------------   ----------   ------------
</TABLE>

                    PRINCIPAL DISTRIBUTION FACTORS STATEMENT

<TABLE>
<CAPTION>
             Original        Beginning       Scheduled     Unscheduled
               Face         Certificate      Principal      Principal                  Realized
Class         Amount          Balance       Distribution   Distribution    Accretion   Loss (3)
-----         ------          -------       ------------   ------------    ---------   --------
<S>       <C>              <C>              <C>            <C>            <C>         <C>
   1A     381,698,000.00    972.44648518      0.00000341     1.68962231   0.00000000  0.00000000
   2A     168,875,000.00    950.50625563      0.00000000    23.34284086   0.00000000  0.00000000
  X-1A              0.00      0.00000000      0.00000000     0.00000000   0.00000000  0.00000000
  X-1B              0.00      0.00000000      0.00000000     0.00000000   0.00000000  0.00000000
  X-B               0.00      0.00000000      0.00000000     0.00000000   0.00000000  0.00000000
  A-R             100.00      0.00000000      0.00000000     0.00000000   0.00000000  0.00000000
  B-1       7,702,000.00   1000.00000000      0.00000000     0.00000000   0.00000000  0.00000000
  B-2       4,564,000.00   1000.00000000      0.00000000     0.00000000   0.00000000  0.00000000
  B-3       3,424,000.00   1000.00000000      0.00000000     0.00000000   0.00000000  0.00000000
  B-4       1,426,000.00   1000.00000000      0.00000000     0.00000000   0.00000000  0.00000000
  B-5         856,000.00   1000.00000000      0.00000000     0.00000000   0.00000000  0.00000000
  B-6       1,997,086.78   1000.00000000      0.00000000     0.00000000   0.00000000  0.00000000
            ------------   -------------      ----------     ----------   ----------  ----------
</TABLE>

<TABLE>
<CAPTION>
            Total          Ending          Ending         Total
           Principal      Certificate     Certificate    Principal
Class      Reduction        Balance       Percentage    Distribution
-----      ---------        -------       ----------    ------------
<S>       <C>            <C>              <C>          <C>
   1A      1.68962572     970.75685946    0.97075686      1.68962572
   2A     23.34284086     927.16341477    0.92716341     23.34284086
  X-1A     0.00000000       0.00000000    0.00000000      0.00000000
  X-1B     0.00000000       0.00000000    0.00000000      0.00000000
  X-B      0.00000000       0.00000000    0.00000000      0.00000000
  A-R      0.00000000       0.00000000    0.00000000      0.00000000
  B-1      0.00000000    1000.00000000    1.00000000      0.00000000
  B-2      0.00000000    1000.00000000    1.00000000      0.00000000
  B-3      0.00000000    1000.00000000    1.00000000      0.00000000
  B-4      0.00000000    1000.00000000    1.00000000      0.00000000
  B-5      0.00000000    1000.00000000    1.00000000      0.00000000
  B-6      0.00000000    1000.00000000    1.00000000      0.00000000
           ----------    -------------    ----------      ----------
</TABLE>

(3) Amount does not include excess special hazard, bankruptcy, or fraud losses
unless otherwise disclosed. Please refer to the prospectus supplement for a full
description.
<PAGE>
                         INTEREST DISTRIBUTION STATEMENT

<TABLE>
<CAPTION>
                                          Beginning                     Payment                    Non-
            Original        Current      Certificate        Current    of 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>
  1A     381,698,000.00      1.71125%   371,172,126.48     529,306.92       0.00         0.00        0.00        0.00
  2A     168,875,000.00      3.27487%   160,516,743.92     438,059.66       0.00         0.00        0.00        0.00
 X-1A              0.00      1.05283%   198,154,754.93     173,852.63       0.00         0.00        0.00        0.00
 X-1B              0.00      1.18810%   173,017,371.55     171,302.13       0.00         0.00        0.00        0.00
  X-B              0.00      0.85322%     7,702,000.00       5,476.23       0.00         0.00        0.00        0.00
  A-R            100.00      3.31673%             0.00           0.00       0.00         0.00        0.00        0.00
  B-1      7,702,000.00      2.11125%     7,702,000.00      13,550.71       0.00         0.00        0.00        0.00
  B-2      4,564,000.00      2.96447%     4,564,000.00      11,274.86       0.00         0.00        0.00        0.00
  B-3      3,424,000.00      2.96447%     3,424,000.00       8,458.61       0.00         0.00        0.00        0.00
  B-4      1,426,000.00      2.96447%     1,426,000.00       3,522.77       0.00         0.00        0.00        0.00
  B-5        856,000.00      2.96447%       856,000.00       2,114.65       0.00         0.00        0.00        0.00
  B-6      1,997,086.78      2.96447%     1,997,086.78       4,933.58       0.00         0.00        0.00        0.00
         --------------      -------      ------------   ------------       ----         ----        ----        ----
Totals   570,533,186.78                                  1,361,852.75       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>
  1A       529,306.92         0.00    370,527,214.93
  2A       438,059.66         0.00    156,574,721.67
 X-1A      173,852.63         0.00    197,699,294.52
 X-1B      171,302.12         0.00    172,827,920.41
  X-B        5,476.23         0.00      7,702,000.00
  A-R            0.00         0.00              0.00
  B-1       13,550.71         0.00      7,702,000.00
  B-2       11,274.86         0.00      4,564,000.00
  B-3        8,458.61         0.00      3,424,000.00
  B-4        3,522.77         0.00      1,426,000.00
  B-5        2,114.65         0.00        856,000.00
  B-6        4,933.58         0.00      1,997,086.78
         ------------         ----    --------------
Totals   1,361,852.74         0.00
         ------------         ----    --------------
</TABLE>

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

                     INTEREST DISTRIBUTION FACTORS STATEMENT

<TABLE>
<CAPTION>
                                          Beginning                     Payment                    Non-
            Original        Current      Certificate        Current    of Unpaid    Current      Supported
              Face        Certificate      Notional         Accrued     Interest    Interest     Interest    Realized
Class(5)     Amount          Rate          Balance          Interest   Shortfall    Shortfall    Shortfall   Loss (6)
 -----       ------          ----          -------          --------   ---------    ---------    ---------   --------
<S>      <C>              <C>           <C>              <C>           <C>          <C>          <C>         <C>
  1A     381,698,000.00      1.71125%    972.44648518      1.38674921  0.00000000   0.00000000   0.00000000  0.00000000
  2A     168,875,000.00      3.27487%    950.50625563      2.59398762  0.00000000   0.00000000   0.00000000  0.00000000
 X-1A              0.00      1.05283%    972.46015957      0.85319556  0.00000000   0.00000000   0.00000000  0.00000000
 X-1B              0.00      1.18810%    972.43082452      0.96279044  0.00000000   0.00000000   0.00000000  0.00000000
  X-B              0.00      0.85322%   1000.00000000      0.71101402  0.00000000   0.00000000   0.00000000  0.00000000
  A-R            100.00      3.31673%      0.00000000      0.00000000  0.00000000   0.00000000   0.00000000  0.00000000
  B-1      7,702,000.00      2.11125%   1000.00000000      1.75937549  0.00000000   0.00000000   0.00000000  0.00000000
  B-2      4,564,000.00      2.96447%   1000.00000000      2.47039001  0.00000000   0.00000000   0.00000000  0.00000000
  B-3      3,424,000.00      2.96447%   1000.00000000      2.47038843  0.00000000   0.00000000   0.00000000  0.00000000
  B-4      1,426,000.00      2.96447%   1000.00000000      2.47038569  0.00000000   0.00000000   0.00000000  0.00000000
  B-5        856,000.00      2.96447%   1000.00000000      2.47038551  0.00000000   0.00000000   0.00000000  0.00000000
  B-6      1,997,086.78      2.96447%   1000.00000000      2.47038839  0.00000000   0.00000000   0.00000000  0.00000000
           ------------      -------    -------------      ----------  ----------   ----------   ----------  ----------
</TABLE>

<TABLE>
<CAPTION>
                         Remaining        Ending
            Total         Unpaid       Certificate/
           Interest      Interest       Notational
Class(5) Distribution    Shortfall       Balance
 -----   ------------    ---------       -------
<S>      <C>             <C>          <C>
  1A       1.38674921    0.00000000    970.75685946
  2A       2.59398762    0.00000000    927.16341477
 X-1A      0.85319556    0.00000000    970.22495153
 X-1B      0.96279039    0.00000000    971.36602897
  X-B      0.71101402    0.00000000   1000.00000000
  A-R      0.00000000    0.00000000      0.00000000
  B-1      1.75937549    0.00000000   1000.00000000
  B-2      2.47039001    0.00000000   1000.00000000
  B-3      2.47038843    0.00000000   1000.00000000
  B-4      2.47038569    0.00000000   1000.00000000
  B-5      2.47038551    0.00000000   1000.00000000
  B-6      2.47038839    0.00000000   1000.00000000
           ----------    ----------   -------------
</TABLE>

(5) Per $1 denomination

(6) Amount does not include excess special hazard, bankruptcy, or fraud losses
unless otherwise disclosed. Please refer to the prospectus supplement for a full
description.
<PAGE>
                       CERTIFICATEHOLDER ACCOUNT STATEMENT

                               CERTIFICATE ACCOUNT

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

Deposits
    Payments of Interest and Principal                              6,117,334.64
    Liquidations, Insurance Proceeds, Reserve Funds                         0.00
    Proceeds from Repurchased Loans                                         0.00
    Other Amounts (Servicer Advances)                                   8,201.19
    Realized Losses                                                         0.00
    Prepayment Penalties                                                    0.00
                                                                    ------------
Total Deposits                                                      6,125,535.83

Withdrawals
    Reimbursement for Servicer Advances                                     0.00
    Payment of Service Fee                                            176,749.29
    Payment of Interest and Principal                               5,948,786.54
                                                                    ------------
Total Withdrawals (Pool Distribution Amount)                        6,125,535.83

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                                                   172,611.86
Master Servicing Fee                                                    4,137.43
Supported Prepayment/Curtailment Interest Shortfall                         0.00
                                                                    ------------

Net Servicing Fee                                                     176,749.29
                                                                    ============
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                                Beginning       Current       Current     Ending
        Account Type             Balance      Withdrawals     Deposits    Balance
        ------------             -------      -----------     --------    -------
<S>                             <C>           <C>             <C>         <C>
X-1 Basis Risk Reserve Fund      5,000.00            0.00         0.00    5,000.00
X-2 Basis Risk Reserve Fund      5,000.00            0.00         0.00    5,000.00
</TABLE>

             LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT

<TABLE>
<CAPTION>
            DELINQUENT                            BANKRUPTCY                          FORECLOSURE
            ----------                            ----------                          -----------
             No. of     Principal                    No. of    Principal                 No. of    Principal
             Loans       Balance                      Loans     Balance                  Loans      Balance
             -----       -------                      -----     -------                  -----      -------
<S>        <C>         <C>             <C>          <C>        <C>          <C>         <C>        <C>
0-29 Days      0               0.00    0-29 Days        0           0.00    0-29 Days       0           0.00
30 Days        8       1,570,518.40    30 Days          0           0.00    30 Days         0           0.00
60 Days        3       1,554,753.12    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
           -----       ------------                 -----       --------                -----      ---------
              11       3,125,271.52                     0           0.00                    0           0.00

             No. of     Principal                    No. of    Principal                 No. of    Principal
             Loans       Balance                      Loans     Balance                  Loans      Balance
             -----       -------                      -----     -------                  -----      -------
<S>        <C>         <C>             <C>          <C>        <C>          <C>         <C>        <C>
0-29 Days  0.000000%    0.000000%      0-29 Days    0.000000%   0.000000%   0-29 Days   0.000000%  0.000000%
30 Days    0.542741%    0.287086%      30 Days      0.000000%   0.000000%   30 Days     0.000000%  0.000000%
60 Days    0.203528%    0.284204%      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%
           ---------    ---------                   ---------   ---------               ---------  ---------
           0.746269%    0.571290%                   0.000000%   0.000000%               0.000000%  0.000000%
</TABLE>

<TABLE>
<CAPTION>
                          REO                                 TOTAL
                          ---                                 -----
                         No. of    Principal                 No. of     Principal
                          Loans     Balance                   Loans      Balance
                          -----     -------                   -----      -------
<S>         <C>         <C>        <C>          <C>         <C>        <C>
0-29 Days   0-29 Days       0           0.00    0-29 Days        0             0.00
30 Days     30 Days         0           0.00    30 Days          8     1,570,518.40
60 Days     60 Days         0           0.00    60 Days          3     1,554,753.12
90 Days     90 Days         0           0.00    90 Days          0             0.00
120 Days    120 Days        0           0.00    120 Days         0             0.00
150 Days    150 Days        0           0.00    150 Days         0             0.00
180+ Days   180+ Days       0           0.00    180+ Days        0             0.00
                        ---------  ---------                ------     ------------
                            0           0.00                    11     3,125,271.52

                         No. of    Principal                 No. of     Principal
                          Loans     Balance                   Loans      Balance
                          -----     -------                   -----      -------
<S>         <C>         <C>        <C>          <C>         <C>        <C>
0-29 Days   0-29 Days   0.000000%  0.000000%    0-29 Days   0.000000%   0.000000%
30 Days     30 Days     0.000000%  0.000000%    30 Days     0.542741%   0.287086%
60 Days     60 Days     0.000000%  0.000000%    60 Days     0.203528%   0.284204%
90 Days     90 Days     0.000000%  0.000000%    90 Days     0.000000%   0.000000%
120 Days    120 Days    0.000000%  0.000000%    120 Days    0.000000%   0.000000%
150 Days    150 Days    0.000000%  0.000000%    150 Days    0.000000%   0.000000%
180+ Days   180+ Days   0.000000%  0.000000%    180+ Days   0.000000%   0.000000%
                        ---------  ---------                ---------   ---------
                        0.000000%  0.000000%                0.746269%   0.571290%
</TABLE>

<TABLE>
<S>                                            <C>
Current Period Class A Insufficient Funds:         0.00
Principal Balance of Contaminated Properties       0.00
Periodic Advance                               8,201.19
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                Original $       Original %       Current $          Current %      Current Class %     Prepayment %
                ----------       ----------       ---------          ---------      ---------------     ------------
<S>           <C>               <C>             <C>                <C>              <C>                <C>
 Class A      570,533,086.78    99.99998247%    547,071,023.38     100.00000000%        96.349818%         0.000000%
Class 1A      188,844,086.78    33.09957968%    176,543,808.45      32.27072919%        67.729271%     1,855.504055%
Class 2A       19,969,086.78     3.50007453%     19,969,086.78       3.65018177%        28.620547%       784.085539%
Class B-1      12,267,086.78     2.15010924%     12,267,086.78       2.24232070%         1.407861%        38.569616%
Class B-2       7,703,086.78     1.35015578%      7,703,086.78       1.40805973%         0.834261%        22.855327%
Class B-3       4,279,086.78     0.75001540%      4,279,086.78       0.78218122%         0.625879%        17.146503%
Class B-4       2,853,086.78     0.50007376%      2,853,086.78       0.52152036%         0.260661%         7.141038%
Class B-5       1,997,086.78     0.35003867%      1,997,086.78       0.36505073%         0.156470%         4.286626%
Class B-6               0.00     0.00000000%              0.00       0.00000000%         0.365051%        10.000892%
</TABLE>

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

<TABLE>
<CAPTION>
                     Original $      Original %       Current $        Current %
                     ----------      ----------       ---------        ---------
<S>                <C>               <C>            <C>               <C>
    Bankruptcy        100,000.00     0.01752746%       100,000.00     0.01827916%
         Fraud     17,115,996.00     3.00000007%    17,115,996.00     3.12866068%
Special Hazard     6,000,0000.00     1.05164785%     5,999,500.00     1.09665834%
</TABLE>

Limit of subordinate's exposure to certain types of losses
<PAGE>
                           DELINQUENCY STATUS BY GROUP

                                     GROUP 1

<TABLE>
<CAPTION>
            DELINQUENT                                 BANKRUPTCY                             FORECLOSURE
            ----------                                 ----------                             -----------
              No. of          Principal                  No. of      Principal                  No. of      Principal
               Loans           Balance                    Loans       Balance                    Loans       Balance
               -----           -------                    -----       -------                    -----       -------
<S>          <C>          <C>              <C>          <C>          <C>         <C>           <C>          <C>
0-29 Days        0                0.00     0-29 Days        0            0.00    0-29 Days         0            0.00
30 Days          2          315,474.20     30 Days          0            0.00    30 Days           0            0.00
60 Days          3        1,554,753.12     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
             -----        ------------                  -----        --------                  -----        --------
                 5        1,870,227.32                      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      0.199005%        0.082076%    30 Days      0.000000%    0.000000%   30 Days       0.000000%    0.000000%
60 Days      0.298507%        0.404498%    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%
             --------     ------------                  --------     --------                  --------     --------
             0.497512%        0.486574%                 0.000000%    0.000000%                 0.000000%    0.000000%
             --------     ------------                  --------     --------                  --------     --------
</TABLE>

<TABLE>
<CAPTION>
                           REO                                      TOTAL
                           ---                                      -----
                          No. of         Principal                  No. of      Principal
                           Loans          Balance                    Loans       Balance
                           -----          -------                    -----       -------
<S>         <C>          <C>             <C>          <C>          <C>         <C>
0-29 Days   0-29 Days        0               0.00     0-29 Days        0               0.00
30 Days     30 Days          0.              0.00     30 Days          2         315,474.20
60 Days     60 Days          0               0.00     60 Days          3       1,554,753.12
90 Days     90 Days          0               0.00     90 Days          0               0.00
120 Days    120 Days         0               0.00     120 Days         0               0.00
150 Days    150 Days         0               0.00     150 Days         0               0.00
180+ Days   180+ Days        0               0.00     180+Days         0               0.00
                         --------        --------                  -----       ------------
                             0               0.00                      5       1,870,227.32
                         --------        --------                  -----       ------------

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

0-29 Days   0-29 Days    0.000000%       0.000000%    0-29 Days    0.000000%       0.000000%
30 Days     30 Days      0.000000%       0.000000%    30 Days      0.199005%       0.082076%
60 Days     60 Days      0.000000%       0.000000%    60 Days      0.298507%       0.404498%
90 Days     90 Days      0.000000%       0.000000%    90 Days      0.000000%       0.000000%
120 Days    120 Days     0.000000%       0.000000%    120 Days     0.000000%       0.000000%
150 Days    150 Days     0.000000%       0.000000%    150 Days     0.000000%       0.000000%
180+ Days   180+ Days    0.000000%       0.000000%    180+ Days    0.000000%       0.000000%
                         --------        --------                  --------    ------------
                         0.000000%       0.000000%                 0.497512%       0.486574%
                         --------        --------                  --------    ------------
</TABLE>

                                     GROUP 2

<TABLE>
<CAPTION>
            DELINQUENT                                 BANKRUPTCY                             FORECLOSURE
            ----------                                 ----------                             -----------
              No. of          Principal                  No. of      Principal                  No. of      Principal
               Loans           Balance                    Loans       Balance                    Loans       Balance
               -----           -------                    -----       -------                    -----       -------
<S>          <C>          <C>              <C>          <C>          <C>         <C>           <C>          <C>
0-29 Days        0                0.00     0-29 Days        0            0.00    0-29 Days         0            0.00
30 Days          6        1,255,044.20     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
             -----        ------------                  -----        --------                  -----        --------
                 6        1,255,044.20                      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      1.279318%        0.771439%    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%
             --------     ------------                  --------     --------                  --------     --------
             1.279318%        0.771439%                 0.000000%    0.000000%                 0.000000%    0.000000%
             --------     ------------                  --------     --------                  --------     --------
</TABLE>

<TABLE>
<CAPTION>
                           REO                                      TOTAL
                           ---                                      -----
                          No. of         Principal                  No. of      Principal
                           Loans          Balance                    Loans       Balance
                           -----          -------                    -----       -------
<S>         <C>          <C>             <C>          <C>          <C>         <C>
0-29 Days   0-29 Days           0            0.00     0-29 Days        0               0.00
30 Days     30 Days             0            0.00     30 Days          6       1,255,044.20
60 Days     60 Days             0            0.00     60 Days          0               0.00
90 Days     90 Days             0            0.00     90 Days          0               0.00
120 Days    120 Days            0            0.00     120 Days         0               0.00
150 Days    150 Days            0            0.00     150 Days         0               0.00
180+ Days   180+ Days           0            0.00     180+ Days        0               0.00
                         --------        --------                  -----       ------------
                                0            0.00                      6       1,255,044.20
                         --------        --------                  -----       ------------

                          No. of         Principal                  No. of      Principal
                           Loans          Balance                    Loans       Balance
                           -----          -------                    -----       -------
0-29 Days   0-29 Days    0.000000%       0.000000%    0-29 Days    0.000000%       0.000000%
30 Days     30 Days      0.000000%       0.000000%    30 Days      1.279318%       0.771439%
60 Days     60 Days      0.000000%       0.000000%    60 Days      0.000000%       0.000000%
90 Days     90 Days      0.000000%       0.000000%    90 Days      0.000000%       0.000000%
120 Days    120 Days     0.000000%       0.000000%    120 Days     0.000000%       0.000000%
150 Days    150 Days     0.000000%       0.000000%    150 Days     0.000000%       0.000000%
180+ Days   180+ Days    0.000000%       0.000000%    180+ Days    0.000000%       0.000000%
                         --------        --------                  --------    ------------
                         0.000000%       0.000000%                 1.279318%       0.771439%
                         --------        --------                  --------    ------------
</TABLE>
<PAGE>
                              COLLATERAL STATEMENT

<TABLE>
<CAPTION>
Collateral Description                                                 Mixed Arm
----------------------                                                 ---------
<S>                                                              <C>
Weighted Average Gross Coupon                                          3.346861%
Weighted Average Net Coupon                                            2.971385%
Weighted Average Pass-Through Rate                                     2.962385%
Weighted Average Maturity (Stepdown Calculation)                            327

Beginning Scheduled Collateral Loan Count                                 1,485
Number of Loans Paid in Full                                                 11
Ending Scheduled Collateral Loan Count                                    1,474

Beginning Scheduled Collateral Balance                           551,657,957.19
Ending Scheduled Collateral Balance                              547,071,023.39
Ending Actual Collateral Balance at 31-Jan-2003                  547,055,052.70

Monthly P&I Constant                                               1,538,603.34
Special Servicing Fee                                                      0.00
Prepayment Penalties                                                       0.00
Realization Loss Amount                                                    0.00
Cumulative Realized Loss                                                   0.00

Class A Optimal Amount                                             5,899,455.13

Ending Scheduled Balance for Premium Loans                       547,071,023.39

Scheduled Principal                                                        1.30
Unscheduled Principal                                              4,586,932.50
</TABLE>

                             MISCELLANEOUS REPORTING

<TABLE>
<S>                                                                  <C>
Pro Rata Senior Percent                                               96.380169%
Senior Percentage                                                    100.000000%
Senior Prepay Percentage                                             100.000000%
Subordinate Percentage                                                 0.000000%
Subordinate Prepayment Percentage                                      0.000000%
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
         GROUP                                1                      2                     TOTAL
         -----                                -                      -                     -----
<S>                                     <C>                    <C>                    <C>
Collateral Description                       Mixed ARM            6 Month ARM              Mixed ARM
Weighted Average Coupon Rate                  3.211818               3.658871               3.346861
Weighted Average Net Rate                     2.836136               3.283871               2.971385
Pass-Through Rate                             2.827136               3.274871               2.962385
Weighted Average Maturity                          311                    353                    327
Record Date                                 01/31/2003             01/31/2003             01/31/2003
Principal and Interest Constant           1,030,502.84             508,100.50           1,538,603.34
Beginning Loan Count                             1,006                    479                  1,485
Loans Paid in Full                                   1                     10                     11
Ending Loan Count                                1,005                    469                  1,474
Beginning Scheduled Balance             385,016,213.27         166,641,743.92         551,657,957.19
Ending Scheduled Balance                384,371,301.72         162,699,721.67         547,071,023.39
Scheduled Principal                               1.30                   0.00                   1.30
Unscheduled Principal                       644,910.25           3,942,022.25           4,586,932.50
Scheduled Interest                        1,030,501.54             508,100.50           1,538,602.04
Servicing Fee                               120,536.32              52,075.54             172,611.86
Master Servicing Fee                          2,887.62               1,249.81               4,137.43
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                                907,077.60             454,775.15           1,361,852.75
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>

                             MISCELLANEOUS REPORTING

<TABLE>
<CAPTION>
Group 1
-------
<S>                                                              <C>
One Month LIBOR Loans                                            205,085,975.12
Six Month LIBOR Loans                                            179,285,326.60
</TABLE><PAGE>
                                  EXHIBIT 10.1

CONTACT: CUSTOMER SERVICES -- CTSLINK
         WELLS FARGO BANK MINNESOTA, N.A.
         SECURITIES ADMINISTRATION SERVICES
         7485 NEW HORIZON WAY
         FREDERICK, MD  21703
         WWW.CTSLINK.COM
         TELEPHONE:        (301) 815-6600
         FAX:              (301) 315-6660

                               SMT SERIES 2002-10
                          RECORD DATE: JANUARY 31, 2003
                      DISTRIBUTION DATE: FEBRUARY 20, 2003

                     CERTIFICATEHOLDER DISTRIBUTION SUMMARY
<TABLE>
<CAPTION>
                         Certificate   Certificate     Beginning
                            Class     Pass-Through    Certificate    Interest
Class    CUSIP           Description     Rate          Balance     Distribution
-----    -----           -----------    -----          -------     ------------
<S>    <C>               <C>          <C>        <C>               <C>
 1A    81743VAA1             SEN       1.76125%    809,317,930.57  1,187,842.67
2A-1   81743VAB9             SEN       1.74125%    186,967,720.87    271,297.95
2A-2   81743VAN3             SEN       2.04125%      3,500,000.00      5,953.65
X-1A   81743VAC7              IO       1.13045%              0.00    365,272.38
X-1B   81743VAD5              IO       1.66936%              0.00    586,460.51
 X-2   81743VAP8              IO       1.68611%              0.00    267,624.91
 X-B   81743VAE3              IO       0.95058%              0.00     20,378.06
 A-R   81743VAF0             SEN       3.39488%              0.00          0.00
 B-1   81743VAG8             SUB       2.16125%     12,600,000.00     22,693.12
 B-2   81743VAH6             SUB       2.16125%      8,400,000.00     15,128.75
 B-3   81743VAJ2             SUB       2.76125%      4,725,000.00     10,872.42
 B-4   SMT0210B4             SUB       3.22203%      2,625,000.00      7,048.20
 B-5   SMT0210B5             SUB       3.22203%      2,100,000.00      5,638.56
 B-6   SMT0210B6             SUB       3.22203%      3,685,162.00      9,894.76
 Totals                                          1,033,920,813.44  2,776,105.94
</TABLE>

<TABLE>
<CAPTION>
                                      Current
                       Principal   Realized Loss    Ending           Total         Cumulative
Class    CUSIP       Distribution     Balance      Certificate     Distribution    Realized Loss
-----    -----       ------------     -------      -----------     ------------    -------------
<S>    <C>           <C>            <C>          <C>             <C>               <C>
 1A    81743VAA1     7,253,358.34       0.00     802,064,572.23   8,441,201.01             0.00
2A-1   81743VAB9       805,966.16       0.00     186,161,754.71   1,077,264.11             0.00
2A-2   81743VAN3             0.00       0.00       3,500,000.00       5,953.65             0.00
X-1A   81743VAC7             0.00       0.00               0.00     365,272.38             0.00
X-1B   81743VAD5             0.00       0.00               0.00     586,460.51             0.00
 X-2   81743VAP8             0.00       0.00               0.00     267,624.91             0.00
 X-B   81743VAE3             0.00       0.00               0.00      20,378.06             0.00
 A-R   81743VAF0             0.00       0.00               0.00           0.00             0.00
 B-1   81743VAG8             0.00       0.00      12,600,000.00      22,693.12             0.00
 B-2   81743VAH6             0.00       0.00       8,400,000.00      15,128.75             0.00
 B-3   81743VAJ2             0.00       0.00       4,725,000.00      10,872.42             0.00
 B-4   SMT0210B4             0.00       0.00       2,625,000.00       7,048.20             0.00
 B-5   SMT0210B5             0.00       0.00       2,100,000.00       5,638.56             0.00
 B-6   SMT0210B6             0.00       0.00       3,685,162.00       9,894.76             0.00
Totals               8,059,324.50       0.00   1,025,861,488.94  10,835,430.44             0.00
</TABLE>

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

                                   Beginning       Scheduled      Unscheduled
              Original Face       Certificate      Principal       Principal
   Class          Amount            Balance       Distribution   Distribution     Accretion
   -----          ------            -------       ------------   ------------     ---------
<S>           <C>                 <C>             <C>            <C>              <C>
    1A         822,375,000.00     809,317,930.57          0.00     7,253,358.34         0.00
   2A-1        190,000,000.00     186,967,720.87          0.00       805,966.16         0.00
   2A-2          3,500,000.00       3,500,000.00          0.00             0.00         0.00
   X-1A                  0.00               0.00          0.00             0.00         0.00
   X-1B                  0.00               0.00          0.00             0.00         0.00
    X-2                  0.00               0.00          0.00             0.00         0.00
    X-B                  0.00               0.00          0.00             0.00         0.00
    A-R                100.00               0.00          0.00             0.00         0.00
    B-1         12,600,000.00      12,600,000.00          0.00             0.00         0.00
    B-2          8,400,000.00       8,400,000.00          0.00             0.00         0.00
    B-3          4,725,000.00       4,725,000.00          0.00             0.00         0.00
    B-4          2,625,000.00       2,625,000.00          0.00             0.00         0.00
    B-5          2,100,000.00       2,100,000.00          0.00             0.00         0.00
    B-6          3,685,162.00       3,685,162.00          0.00             0.00         0.00
Totals       1,050,010,262.00   1,033,920,813.44          0.00     8,059,324.50         0.00
</TABLE>

<TABLE>
<CAPTION>

                                    Total              Ending               Ending
                 Realized         Principal          Certificate         Certificate        Total Principal
   Class         Loss (1)         Reduction           Balance             Percentage          Distribution
   -----         --------        ----------           -------            -----------        ------------
<S>              <C>            <C>               <C>                    <C>               <C>
    1A                 0.00     7,253,358.34      802,064,572.23          0.97530272       7,253,358.34
   2A-1                0.00       805,966.16      186,161,754.71          0.97979871         805,966.16
   2A-2                0.00             0.00        3,500,000.00          1.00000000               0.00
   X-1A                0.00             0.00                0.00          0.00000000               0.00
   X-1B                0.00             0.00                0.00          0.00000000               0.00
    X-2                0.00             0.00                0.00          0.00000000               0.00
    X-B                0.00             0.00                0.00          0.00000000               0.00
    A-R                0.00             0.00                0.00          0.00000000               0.00
    B-1                0.00             0.00       12,600,000.00          1.00000000               0.00
    B-2                0.00             0.00        8,400,000.00          1.00000000               0.00
    B-3                0.00             0.00        4,725,000.00          1.00000000               0.00
    B-4                0.00             0.00        2,625,000.00          1.00000000               0.00
    B-5                0.00             0.00        2,100,000.00          1.00000000               0.00
    B-6                0.00             0.00        3,685,162.00          1.00000000               0.00
Totals                 0.00     8,059,324.50    1,025,861,488.94          0.97700139       8,059,324.50
</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.

<TABLE>
<CAPTION>
                                               PRINCIPAL DISTRIBUTION FACTORS STATEMENT

                                                       Beginning       Scheduled      Unscheduled
                                  Original Face       Certificate      Principal       Principal
   Class                              Amount            Balance       Distribution    Distribution     Accretion
   -----                              ------            -------       ------------    ------------     ---------
<S>                                <C>                <C>             <C>             <C>              <C>
    1A                             822,375,000.00       984.12273059    0.00000000        8.82001318    0.00000000
   2A-1                            190,000,000.00       984.04063616    0.00000000        4.24192716    0.00000000
   2A-2                              3,500,000.00      1000.00000000    0.00000000        0.00000000    0.00000000
   X-1A                                      0.00         0.00000000    0.00000000        0.00000000    0.00000000
   X-1B                                      0.00         0.00000000    0.00000000        0.00000000    0.00000000
    X-2                                      0.00         0.00000000    0.00000000        0.00000000    0.00000000
    X-B                                      0.00         0.00000000    0.00000000        0.00000000    0.00000000
    A-R                                    100.00         0.00000000    0.00000000        0.00000000    0.00000000
    B-1                             12,600,000.00      1000.00000000    0.00000000        0.00000000    0.00000000
    B-2                              8,400,000.00      1000.00000000    0.00000000        0.00000000    0.00000000
    B-3                              4,725,000.00      1000.00000000    0.00000000        0.00000000    0.00000000
    B-4                              2,625,000.00      1000.00000000    0.00000000        0.00000000    0.00000000
    B-5                              2,100,000.00      1000.00000000    0.00000000        0.00000000    0.00000000
    B-6                              3,685,162.00      1000.00000000    0.00000000        0.00000000    0.00000000
</TABLE>

<TABLE>
<CAPTION>
                                                        Ending              Ending
                   Realized       Total Principal     Certificate        Certificate   Total Principal
   Class           Loss (3)          Reduction        Percentage           Balance      Distribution
   -----           --------          ---------        ----------           -------      ------------
<S>                <C>            <C>              <C>                   <C>             <C>
    1A             0.00000000        8.82001318     975.30271741          0.97530272      8.82001318
   2A-1            0.00000000        4.24192716     979.79870900          0.97979871      4.24192716
   2A-2            0.00000000        0.00000000    1000.00000000          1.00000000      0.00000000
   X-1A            0.00000000        0.00000000       0.00000000          0.00000000      0.00000000
   X-1B            0.00000000        0.00000000       0.00000000          0.00000000      0.00000000
    X-2            0.00000000        0.00000000       0.00000000          0.00000000      0.00000000
    X-B            0.00000000        0.00000000       0.00000000          0.00000000      0.00000000
    A-R            0.00000000        0.00000000       0.00000000          0.00000000      0.00000000
    B-1            0.00000000        0.00000000    1000.00000000          1.00000000      0.00000000
    B-2            0.00000000        0.00000000    1000.00000000          1.00000000      0.00000000
    B-3            0.00000000        0.00000000    1000.00000000          1.00000000      0.00000000
    B-4            0.00000000        0.00000000    1000.00000000          1.00000000      0.00000000
    B-5            0.00000000        0.00000000    1000.00000000          1.00000000      0.00000000
    B-6            0.00000000        0.00000000    1000.00000000          1.00000000      0.00000000
</TABLE>

(3)   Amount does not include excess special hazard, bankruptcy, or fraud losses
      unless otherwise disclosed. Please refer to the prospectus supplement for
      a full description.
<PAGE>
<TABLE>
<CAPTION>
                                                                   INTEREST DISTRIBUTION STATEMENT

                                                                                  Payment of
                               Current        Beginning          Current           Unpaid        Current
              Original Face   Certificate      Certificate/      Accrued          Interest      Interest
Class           Amount           Rate       Notional Balance     Interest         Shortfall     Shortfall
---------       ------           ----       ----------------     --------         ---------     ---------
<S>         <C>                 <C>         <C>                 <C>               <C>           <C>
   1A       822,375,000.00      1.76125%     809,317,930.57     1,187,842.67         0.00          0.00
  2A-1      190,000,000.00      1.74125%     186,967,720.87       271,297.95         0.00          0.00
  2A-2        3,500,000.00      2.04125%       3,500,000.00         5,953.65         0.00          0.00
  X-1A                0.00      1.13045%     387,747,033.87       365,272.38         0.00          0.00
  X-1B                0.00      1.66936%     421,570,896.70       586,460.51         0.00          0.00
  X-2                 0.00      1.68611%     190,467,720.87       267,624.91         0.00          0.00
  X-B                 0.00      0.95058%      25,725,000.00        20,378.06         0.00          0.00
  A-R               100.00      3.39488%               0.00             0.00         0.00          0.00
  B-1        12,600,000.00      2.16125%      12,600,000.00        22,693.12         0.00          0.00
  B-2         8,400,000.00      2.16125%       8,400,000.00        15,128.75         0.00          0.00
  B-3         4,725,000.00      2.76125%       4,725,000.00        10,872.42         0.00          0.00
  B-4         2,625,000.00      3.22203%       2,625,000.00         7,048.20         0.00          0.00
  B-5         2,100,000.00      3.22203%       2,100,000.00         5,638.56         0.00          0.00
  B-6         3,685,162.00      3.22203%       3,685,162.00         9,894.76         0.00          0.00
 Totals   1,050,010,262.00                                      2,776,105.94         0.00          0.00
</TABLE>

<TABLE>
<CAPTION>

                                                         Remaining
             Non-Supported                                Unpaid
             Interest      Realized    Total Interest   Interest     Ending Certificate/
Class        Shortfall     Loss (4)    Distribution     Shortfall    Notational Balance
---------    ---------     --------    ------------     ---------    ------------------
<S>          <C>           <C>         <C>              <C>          <C>
   1A            0.00          0.00    1,187,842.67        0.00        802,064,572.23
  2A-1           0.00          0.00      271,297.95        0.00        186,161,754.71
  2A-2           0.00          0.00        5,953.65        0.00          3,500,000.00
  X-1A           0.00          0.00      365,272.38        0.00        383,638,252.79
  X-1B           0.00          0.00      586,460.51        0.00        418,426,319.44
  X-2            0.00          0.00      267,624.91        0.00        189,661,754.71
  X-B            0.00          0.00       20,378.06        0.00         25,725,000.00
  A-R            0.00          0.00            0.00        0.00                  0.00
  B-1            0.00          0.00       22,693.12        0.00         12,600,000.00
  B-2            0.00          0.00       15,128.75        0.00          8,400,000.00
  B-3            0.00          0.00       10,872.42        0.00          4,725,000.00
  B-4            0.00          0.00        7,048.20        0.00          2,625,000.00
  B-5            0.00          0.00        5,638.56        0.00          2,100,000.00
  B-6            0.00          0.00        9,894.76        0.00          3,685,162.00
 Totals   1      0.00          0.00    2,776,105.94        0.00
</TABLE>
(4)   Amount does not include excess special hazard, bankruptcy, or fraud losses
      unless otherwise disclosed. Please refer to the prospectus supplement for
      a full description.

                     INTEREST DISTRIBUTION FACTORS STATEMENT

<TABLE>
<CAPTION>
                                                                                 Payment of
                               Current        Beginning          Current          Unpaid        Current
              Original Face   Certificate      Certificate/      Accrued          Interest      Interest
Class (5)       Amount           Rate       Notional Balance     Interest         Shortfall     Shortfall
---------       ------           ----       ----------------     --------         ---------     ---------
<S>            <C>              <C>          <C>                 <C>            <C>          <C>
   1A         822,375,000.00    1.76125%      984.12273059       1.44440513     0.00000000   0.00000000
  2A-1        190,000,000.00    1.74125%      984.04063616       1.42788395     0.00000000   0.00000000
  2A-2          3,500,000.00    2.04125%     1000.00000000       1.70104286     0.00000000   0.00000000
  X-1A                  0.00    1.13045%      986.73460713       0.92954134     0.00000000   0.00000000
  X-1B                  0.00    1.66936%      981.73259051       1.36571903     0.00000000   0.00000000
   X-2                  0.00    1.68611%      984.32930682       1.38307447     0.00000000   0.00000000
   X-B                  0.00    0.95058%     1000.00000000       0.79215005     0.00000000   0.00000000
   A-R                100.00    3.39488%        0.00000000       0.00000000     0.00000000   0.00000000
   B-1         12,600,000.00    2.16125%     1000.00000000       1.80104127     0.00000000   0.00000000
   B-2          8,400,000.00    2.16125%     1000.00000000       1.80104167     0.00000000   0.00000000
   B-3          4,725,000.00    2.76125%     1000.00000000       2.30104127     0.00000000   0.00000000
   B-4          2,625,000.00    3.22203%     1000.00000000       2.68502857     0.00000000   0.00000000
   B-5          2,100,000.00    3.22203%     1000.00000000       2.68502857     0.00000000   0.00000000
   B-6          3,685,162.00    3.22203%     1000.00000000       2.68502714     0.00000000   0.00000000

</TABLE>

<TABLE>
<CAPTION>
                                                              Remaining
                   Non-Supported                                Unpaid
                    Interest      Realized    Total Interest   Interest     Ending Certificate/
Class (5)           Shortfall     Loss (6)    Distribution     Shortfall    Notational Balance
---------           ---------     --------    ------------     ---------    ------------------
<S>               <C>            <C>           <C>             <C>               <C>
   1A             0.00000000     0.00000000    1.44440513      0.00000000         975.30271741
  2A-1            0.00000000     0.00000000    1.42788395      0.00000000         979.79870900
  2A-2            0.00000000     0.00000000    1.70104286      0.00000000        1000.00000000
  X-1A            0.00000000     0.00000000    0.92954134      0.00000000         976.27862389
  X-1B            0.00000000     0.00000000    1.36571903      0.00000000         974.40966095
   X-2            0.00000000     0.00000000    1.38307447      0.00000000         980.16410703
   X-B            0.00000000     0.00000000    0.79215005      0.00000000        1000.00000000
   A-R            0.00000000     0.00000000    0.00000000      0.00000000           0.00000000
   B-1            0.00000000     0.00000000    1.80104127      0.00000000        1000.00000000
   B-2            0.00000000     0.00000000    1.80104167      0.00000000        1000.00000000
   B-3            0.00000000     0.00000000    2.30104127      0.00000000        1000.00000000
   B-4            0.00000000     0.00000000    2.68502857      0.00000000        1000.00000000
   B-5            0.00000000     0.00000000    2.68502857      0.00000000        1000.00000000
   B-6            0.00000000     0.00000000    2.68502714      0.00000000        1000.00000000

</TABLE>

(5)   Per $1 denomination

(6)   Amount does not include excess special hazard, bankruptcy, or fraud losses
      unless otherwise disclosed. Please refer to the prospectus supplement for
      a full description.
<PAGE>
                       CERTIFICATEHOLDER ACCOUNT STATEMENT

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

Deposits

         Payments of Interest and Principal                             11,037,311.48
         Liquidations, Insurance Proceeds, Reserve Funds                         0.00
         Proceeds from Repurchased Loans                                         0.00
         Other Amounts (Servicer Advances)                                  13,519.13
         Realized Losses                                                         0.00
         Prepayment Penalties                                                    0.00
                                                                        -------------
Total Deposits                                                          11,050,830.61
                                                                        =============

Withdrawals

         Reimbursement for Servicer Advances                                     0.00
         Payment of Service Fee                                            215,400.17
         Payment of Interest and Principal                              10,835,430.44
                                                                        -------------
Total Withdrawals (Pool Distribution Amount)                            11,050,830.61
                                                                        =============

Ending Balance                                                                   0.00
                                                                        =============
</TABLE>

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

                                    SERVICING FEES
<TABLE>
<S>                                                                     <C>
Gross Servicing Fee                                                     215,400.17
Supported Prepayment/Curtailment Interest Shortfall                           0.00
                                                                        ----------
Net Servicing Fee                                                       215,400.17
                                                                        ==========
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                                                 Beginning          Current          Current       Ending
                Account Type                      Balance         Withdrawals       Deposits       Balance
                ------------                      -------         -----------       --------       -------
<S>                                              <C>              <C>               <C>           <C>
     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
</TABLE>

             LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
<TABLE>
<CAPTION>
                     DELINQUENT                               BANKRUPTCY                          FORECLOSURE
                     ----------                               ----------                          -----------
                No. of     Principal                    No. of      Principal                No. of      Principal
                Loans       Balance                      Loans       Balance                 Loans        Balance
                -----       -------                      -----       -------                 -----        -------
<S>             <C>        <C>             <C>          <C>            <C>       <C>         <C>         <C>
0-29 Days         0                0.00    0-29 Days      0              0.00    0-29 Days      0              0.00
30 Days           14       3,870,226.43    30 Days        0              0.00    30 Days        0              0.00
60 Days           1          825,000.00    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
                  15       4,695,226.43                   0              0.00                   0              0.00
</TABLE>

<TABLE>
<CAPTION>
                   REO                                      TOTAL
                   ---                                      -----
                 No. of     Principal                  No. of       Principal
                  Loans      Balance                   Loans         Balance
                  -----      -------                   -----         -------
  <S>            <C>        <C>           <C>          <C>        <C>
    0-29 Days       0             0.00    0-29 Days      0                0.00
    30 Days         0             0.00    30 Days        14       3,870,226.43
    60 Days         0             0.00    60 Days        1          825,000.00
    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                   15       4,695,226.43
------------
</TABLE>

<TABLE>
<CAPTION>

                No. of     Principal                    No. of      Principal                No. of      Principal
                Loans       Balance                      Loans       Balance                 Loans        Balance
                -----       -------                      -----       -------                 -----        -------
<S>           <C>          <C>              <C>        <C>          <C>         <C>        <C>          <C>
0-29 Days     0.000000%    0.000000%        0-29 Days  0.000000%    0.000000%   0-29 Days  0.000000%    0.000000%
30 Days       0.514139%    0.377266%        30 Days    0.000000%    0.000000%   30 Days    0.000000%    0.000000%
60 Days       0.036724%    0.080420%        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%
              0.550863%    0.457686%                   0.000000%    0.000000%              0.000000%    0.000000%
</TABLE>

<TABLE>
<CAPTION>
              No. of     Principal               No. of       Principal
               Loans      Balance                Loans         Balance
               -----      -------                -----         -------
 <S>         <C>         <C>         <C>        <C>           <C>
 0-29 Days   0.000000%   0.000000%   0-29 Days  0.000000%     0.000000%
 30 Days     0.000000%   0.000000%   30 Days    0.514139%     0.377266%
 60 Days     0.000000%   0.000000%   60 Days    0.036724%     0.080420%
 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%              0.550863%     0.457686%
</TABLE>

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

<TABLE>
<CAPTION>
<S>                                                  <C>        <C>                                         <C>
Current Period Class A Insufficient Funds:           0.00       Periodic Advance                            13,519.13
</TABLE>
<PAGE>
Subordinated Level/Credit Enhancement/Class Percentage and Prepayment Percentage
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
                 Original $         Original %       Current $         Current %          Current Class %           Prepayment %
                 ----------        ----------       ---------          ---------         ---------------           ------------
<S>          <C>                  <C>            <C>                <C>                     <C>                  <C>
  Class A    1,050,010,162.00     99.99999048%   1,025,861,488.94   100.000000000%          96.672537%               0.000000%
  Class 1A     227,635,162.00     21.67932736%     223,796,916.71     21.81551010%          78.184490%           2,349.672670%
Class 2-A-1     37,635,162.00      3.58426611%      37,635,162.00      3.66863971%          18.146870%             545.366548%
Class 2-A-2     34,135,162.00      3.25093604%      34,135,162.00      3.32746305%           0.341177%              10.253357%
 Class X-2      34,135,162.00      3.25093604%      34,135,162.00      3.32746305%           0.000000%               0.000000%
 Class B-1      24,535,162.00      2.05094776%      21,535,162.00      2.09922706%           1.228236%              36.912085%
 Class B-2      13,135,162.00      1.25095558%      13,135,162.00      1.28040307%           0.818824%              24.608057%
 Class B-3       8,410,162.00      0.80095998%       8,410,162.00      0.81981457%           0.460588%              13.842032%
 Class B-4       5,785,162.00      0.55096242%       5,785,162.00      0.56393208%           0.255882%               7.690018%
 Class B-5       3,685,162.00      0.35096438%       3,685,162.00      0.35922608%           0.204706%               6.152014%
 Class B-6               0.00      0.00000000%               0.00      0.00000000%           0.359226%              10.795795%
</TABLE>

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

<TABLE>
<CAPTION>
                              Original $         Original %          Current $           Current %
                              ----------         ----------          ---------           ---------
<S>                         <C>                  <C>               <C>                   <C>
              Bankruptcy       163,046.00        0.01552804%          163,046.00         0.01589357%
                   Fraud    31,500,308.00        3.00000001%       31,500,308.00         3.07061999%
          Special Hazard    11,240,000.00        1.07046573%       11,240,000.00         1.09566449%
</TABLE>

Limit of subordinate's exposure to certain types of losses
<PAGE>
                           DELINQUENCY STATUS BY GROUP

                                     GROUP 1
<TABLE>
<CAPTION>
                     DELINQUENT                               BANKRUPTCY                          FORECLOSURE
                     ----------                               ----------                          -----------
                No. of     Principal                    No. of       Principal                No. of      Principal
                Loans       Balance                      Loans        Balance                 Loans        Balance
                -----       -------                      -----        -------                 -----        -------
<S>             <C>        <C>              <C>         <C>          <C>        <C>           <C>         <C>
0-29 Days          0               0.00     0-29 Days      0           0.00     0-29 Days       0             0.00
30 Days            14      3,870,226.43     30 Days        0           0.00     30 Days         0             0.00
60 Days            1         825,000.00     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
                   15      4,695,226.43                    0           0.00                     0             0.00
</TABLE>

<TABLE>
<CAPTION>
                     REO                                 TOTAL
                     ---                                 -----
              No. of     Principal               No. of          Principal
               Loans      Balance                Loans            Balance
               -----      -------                -----            -------
 <S>          <C>        <C>         <C>         <C>            <C>
  0-29 Days      0        0.00       0-29 Days     0                    0.00
  30 Days        0        0.00       30 Days      14            3,870,226.43
  60 Days        0        0.00       60 Days       1              825,000.00
  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                     15           4,695,226.43
</TABLE>

<TABLE>
<CAPTION>
                     DELINQUENT                           BANKRUPTCY                          FORECLOSURE
                     ----------                           ----------                          -----------
                No. of     Principal                 No. of     Principal                No. of      Principal
                Loans       Balance                   Loans      Balance                 Loans        Balance
                -----       -------                   -----      -------                 -----        -------
<S>            <C>         <C>           <C>        <C>         <C>         <C>         <C>         <C>
0-29 Days      0.000000%    0.000000%    0-29 Days  0.000000%   0.000000%   0-29 Days   0.000000%   0.000000%
30 Days        0.649954%    0.466463%    30 Days    0.000000%   0.000000%   30 Days     0.000000%   0.000000%
60 Days        0.046425%    0.099434%    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%
               0.696379%    0.565897%               0.000000%   0.000000%               0.000000%   0.000000%
</TABLE>

<TABLE>
<CAPTION>
                     REO                                 TOTAL
                     ---                                 -----
              No. of     Principal               No. of       Principal
               Loans      Balance                Loans         Balance
               -----      -------                -----         -------
<S>          <C>         <C>         <C>         <C>          <C>
0-29 Days    0.000000%   0.000000%   0-29 Days   0.000000%    0.000000%
30 Days      0.000000%   0.000000%   30 Days     0.649954%    0.466463%
60 Days      0.000000%   0.000000%   60 Days     0.046425%    0.099434%
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%               0.696379%    0.565897%
</TABLE>

<TABLE>
<CAPTION>
                                                                 GROUP2

                    DELINQUENT                           BANKRUPTCY                             FORECLOSURE
                    ----------                           ----------                             -----------
                No. of     Principal               No. of          Principal               No. of         Principal
                Loans       Balance                 Loans          Balance                 Loans           Balance
                -----       -------                 -----          -------                 -----           -------
<S>             <C>        <C>        <C>          <C>             <C>         <C>         <C>            <C>
0-29 Days         0         0.00      0-29 Days       0             0.00       0-29 Days       0             0.00
30 Days           0         0.00      30 Days         0             0.00       30 Days         0             0.00
60 Days           0         0.00      60 Days         0             0.00       60 Days         0             0.00
90 Days           0         0.00      90 Days         0             0.00       90 Days         0             0.00
120 Days          0         0.00      120 Days        0             0.00       120 Days        0             0.00
150 Days          0         0.00      150 Days        0             0.00       150 Days        0             0.00
180+ Days         0         0.00      180+ Days       0             0.00       180+ Days       0             0.00
                  0         0.00                      0             0.00                       0             0.00
</TABLE>

<TABLE>
<CAPTION>
                     REO                                  TOTAL
                    ------                                -----
              No. of     Principal               No. of          Principal
               Loans      Balance                Loans            Balance
               -----      -------                -----            -------
 <S>          <C>        <C>       <C>           <C>             <C>
  0-29 Days        0      0.00     0-29 Days       0               0.00
  30 Days          0      0.00     30 Days         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
</TABLE>

<TABLE>
<CAPTION>
                   DELINQUENT                            BANKRUPTCY                          FORECLOSURE
                   ----------                            ----------                          -----------
               No. of      Principal                  No. of    Principal                 No. of    Principal
                Loans       Balance                   Loans      Balance                  Loans      Balance
                -----       -------                   -----      -------                  -----      -------
<S>           <C>          <C>          <C>         <C>         <C>         <C>         <C>         <C>
0-29 Days     0.000000%    0.000000%    0-29 Days   0.000000%   0.000000%   0-29 Days   0.000000%   0.000000%
30 Days       0.000000%    0.000000%    30 Days     0.000000%   0.000000%   30 Days     0.000000%   0.000000%
60 Days       0.000000%    0.000000%    60 Days     0.000000%   0.000000%   60 Days     0.000000%   0.000000%
90 Days       0.000000%    0.000000%    90 Days     0.000000%   0.000000%   90 Days     0.000000%   0.000000%
120 Days      0.000000%    0.000000%    120 Days    0.000000%   0.000000%   120 Days    0.000000%   0.000000%
150 Days      0.000000%    0.000000%    150 Days    0.000000%   0.000000%   150 Days    0.000000%   0.000000%
180+ Days     0.000000%    0.000000%    180+ Days   0.000000%   0.000000%   180+ Days   0.000000%   0.000000%
              0.000000%    0.000000%                0.000000%   0.000000%               0.000000%   0.000000%
</TABLE>

<TABLE>
<CAPTION>
                      REO                                TOTAL
                    ------                               -----
              No. of     Principal                 No. of     Principal
              Loans       Balance                  Loans       Balance
               -----      -------                  -----       -------
<S>          <C>         <C>         <C>         <C>          <C>
0-29 Days    0.000000%   0.000000%   0-29 Days   0.000000%    0.000000%
30 Days      0.000000%   0.000000%   30 Days     0.000000%    0.000000%
60 Days      0.000000%   0.000000%   60 Days     0.000000%    0.000000%
90 Days      0.000000%   0.000000%   90 Days     0.000000%    0.000000%
120 Days     0.000000%   0.000000%   120 Days    0.000000%    0.000000%
150 Days     0.000000%   0.000000%   150 Days    0.000000%    0.000000%
180+ Days    0.000000%   0.000000%   180+ Days   0.000000%    0.000000%
             0.000000%   0.000000%               0.000000%    0.000000%
</TABLE>

                              COLLATERAL STATEMENT
<TABLE>
<CAPTION>
<S>                                                                                               <C>
Collateral Description                                                                                   Mixed ARM

Weighted Average Gross Coupon                                                                            3.472033%
Weighted Average Net Coupon                                                                              3.222033%
Weighted Average Pass-Through Rate                                                                       3.222033%
Weighted Average Maturity (Stepdown Calculation)                                                               294

Beginning Scheduled Collateral Loan Count                                                                    2,738
Number of Loans Paid in Full                                                                                    15
Ending Scheduled Collateral Loan Count                                                                       2,723

Beginning Scheduled Collateral Balance                                                            1,033,920,813.39
Ending Scheduled Collateral Balance                                                               1,025,861,488.94
Ending Actual Collateral Balance at 31-Jan-2003                                                   1,025,861,489.07

Monthly P&I Constant                                                                                  2,991,506.11
Special Servicing Fee                                                                                         0.00
Prepayment Penalties                                                                                          0.00
Realization Loss Amount                                                                                       0.00
Cumulative Realized Loss                                                                                      0.00

Class A Optimal Amount                                                                               10,743,776.56

Ending Scheduled Balance for Premium Loans                                                        1,025,861,488.94

Scheduled Principal                                                                                           0.00
Unscheduled Principal                                                                                 8,059,324.50
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                 GROUP                              1               2                        TOTAL
<S>                                        <C>                <C>                    <C>
Collateral Description                          Mixed ARM        6 Month ARM                Mixed ARM
Weighted Average Coupon Rate                     3.422413           3.682875                 3.472033
Weighted Average Net Rate                        3.172413           3.432875                 3.222033
Pass-Through Rate                                3.172413           3.432875                 3.222033
Weighted Average Maturity                             294                294                      294
Record Date                                    01/31/2003         01/31/2003               01/31/2003
Principal and Interest Constant              2,386,990.21         604,515.90             2,991,506.11
Beginning Loan Count                                2,166                572                    2,738
Loans Paid in Full                                     12                  3                       15
Ending Loan Count                                   2,154                569                    2,723
Beginning Scheduled Balance                836,949,927.52     196,970,885.87         1,033,920,813.39
Ending Scheduled Balance                   829,696,569.23     196,164,919.71         1,025,861,488.94
Scheduled Principal                                  0.00               0.00                     0.00
Unscheduled Principal                        7,253,358.34         805,966.16             8,059,324.50
Scheduled Interest                           2,386,990.21         604,515.90             2,991,506.11
Servicing Fee                                  174,364.57          41,035.60               215,400.17
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                                 2,212,625.64         563,480.30             2,776,105.94
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>
                             MISCELLANEOUS REPORTING

Group 1

<TABLE>
<CAPTION>
<S>                                                              <C>
One Month LIBOR Loans                                            396,855,007.92
Six Month LIBOR Loans                                            432,841,561.31
Pro Rata Senior Percentage                                           96.698489%
Senior Percentage                                                   100.000000%
Senior Prepayment Percentage                                        100.000000%
Subordinate Percentage                                                0.000000%
Subordinate Prepayment Percentage                                     0.000000%

Group 2

Pro Rata Senior Percentage                                           96.698413%
Senior Percentage                                                   100.000000%
Senior Prepayment Percentage                                        100.000000%
Subordinate Percentage                                                0.000000%
Subordinate Prepayment Percentage                                     0.000000%
</TABLE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00047-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00047-of-00352.parquet"}]]