Document:

exv10w1

 

EXHIBIT 10.1

	 	 	 	 	 	 	 
	Contact:	 	Customer Services — CTSLink	 	 
	 	 	Wells Fargo Bank Minnesota, N.A.	 	 
	 	 	Securities Administration Services	 	 
	 	 	7485 New Horizon Way	 	 
	 	 	Frederick, MD 21703	 	 
	 	 	www.ctslink.com	 	 
	 	 	
Telephone:
	 	(301) 815-6600	 	 
	 	 	
Fax:
	 	(301) 315-6660	 	 

SMT SERIES 2002-11

Record Date: October 31, 2003

Distribution Date: November 20, 2003

Certificateholder Distribution Summary

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

	A
	 	81744AAA6	 	SEN	 	 	1.57000	%	 	 	617,787,354.37	 	 	 	808,271.77	 
	X-1A
	 	81744AAC2	 	IO	 	 	0.90058	%	 	 	0.00	 	 	 	133,003.03	 
	X-1B
	 	81744AAD0	 	IO	 	 	1.02343	%	 	 	0.00	 	 	 	375,736.97	 
	X-B
	 	81744AAE8	 	IO	 	 	0.46819	%	 	 	0.00	 	 	 	3,794.64	 
	A-R
	 	81744AAF5	 	SEN	 	 	3.25208	%	 	 	0.00	 	 	 	0.00	 
	B-1
	 	81744AAB4	 	SUB	 	 	2.09000	%	 	 	9,726,000.00	 	 	 	16,939.45	 
	B-2
	 	81744AAG3	 	SUB	 	 	2.55819	%	 	 	5,764,000.00	 	 	 	12,287.81	 
	B-3
	 	81744AAH1	 	SUB	 	 	2.55819	%	 	 	3,962,000.00	 	 	 	8,446.27	 
	 	B-4
	 	SMT0211B4	 	SUB	 	 	2.55819	%	 	 	1,801,000.00	 	 	 	3,839.41	 
	B-5
	 	SMT0211B5	 	SUB	 	 	2.55819	%	 	 	1,080,000.00	 	 	 	2,302.37	 
	B-6
	 	SMT0211B6	 	SUB	 	 	2.55819	%	 	 	2,882,787.00	 	 	 	6,145.58	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 
	Totals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	643,003,141.37	 	 	 	1,370,767.30	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 

[Additional columns below]

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

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

	A
	 	 	8,471,838.46	 	 	 	0.00	 	 	 	609,315,515.91	 	 	 	9,280,110.23	 	 	 	0.00	 
	X-1A
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	133,003.03	 	 	 	0.00	 
	X-1B
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	375,736.97	 	 	 	0.00	 
	X-B
	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	3,794.64	 	 	 	0.00	 
	A-R
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-1
	 	 	0.00	 	 	 	0.00	 	 	 	9,726,000.00	 	 	 	16,939.45	 	 	 	0.00	 
	B-2
	 	 	0.00	 	 	 	0.00	 	 	 	5,764,000.00	 	 	 	12,287.81	 	 	 	0.00	 
	B-3
	 	 	0.00	 	 	 	0.00	 	 	 	3,962,000.00	 	 	 	8,446.27	 	 	 	0.00	 
	B-4
	 	 	0.00	 	 	 	0.00	 	 	 	1,801,000.00	 	 	 	3,839.41	 	 	 	0.00	 
	B-5
	 	 	 	0.00	 	 	 	0.00	 	 	 	1,080,000.00	 	 	 	2,302.37	 	 	 	0.00	 
	B-6
	 	 	0.00	 	 	 	0.00	 	 	 	2,882,787.00	 	 	 	6,145.58	 	 	 	0.00	 
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	8,471,838.46	 	 	 	0.00	 	 	 	634,531,302.91	 	 	 	9,842,605.76	 	 	 	0.00	 
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 

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

 

 

Principal Distribution Statement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Beginning	 	Scheduled	 	Unscheduled	 	 	 	 	 	 	 	 
	 	 	 	 	Original Face	 	Certificate	 	Principal	 	Principal	 	 	 	 	 	Realized
	Class	 	Amount	 	Balance	 	Distribution	 	Distribution	 	Accretion	 	Loss (1)
	
	 	
	 	
	 	
	 	
	 	
	 	

	 	A
	 	 	695,210,000.00	 	 	 	617,787,354.37	 	 	 	0.00	 	 	 	8,471,838.45	 	 	 	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
	 	 	9,726,000.00	 	 	 	9,726,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-2
	 	 	5,726,000.00	 	 	 	5,764,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-3
	 	 	3,962,000.00	 	 	 	3,962,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-4
	 	 	1,801,000.00	 	 	 	1,801,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-5
	 	 	1,080,000.00	 	 	 	1,080,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-6
	 	 	2,882,787.00	 	 	 	2,882,787.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	720,425,887.00	 	 	 	643,003,141.37	 	 	 	0.00	 	 	 	8,471,838.45	 	 	 	0.00	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 

[Additional columns below]

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

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

	A
	 	 	8,471,838.46	 	 	 	609,315,515.91	 	 	 	0.87644815	 	 	 	8,471,838.46	 
	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	 	 	 	9,726,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-2
	 	 	0.00	 	 	 	5,764,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-3
	 	 	0.00	 	 	 	3,962,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-4
	 	 	0.00	 	 	 	1,801,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-5
	 	 	0.00	 	 	 	1,080,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	B-6
	 	 	0.00	 	 	 	2,882,787.00	 	 	 	1.00000000	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	8,471,838.46	 	 	 	634,531,302.91	 	 	 	0.88077249	 	 	 	8,471,838.46	 
	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 

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

Principal Distribution Factors Statement

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

	A
	 	 	695,210,000.00	 	 	 	888.63415999	 	 	 	0.00000000	 	 	 	12.18601351	 	 	 	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
	 	 	9,726,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-2
	 	 	5,764,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-3
	 	 	3,962,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-4
	 	 	1,801,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-5
	 	 	1,080,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-6
	 	 	2,882,787.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 

[Additional columns below]

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

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

	A
	 	 	12.18601352	 	 	 	876.44814647	 	 	 	0.87644815	 	 	 	12.18601352	 
	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	 

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

 

 

Interest Distribution Statement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Payment of	 	 	 	 	 	Non-	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	Beginning	 	Current	 	Unpaid	 	Current	 	Supported	 	 	 	 
	 	 	 	 	Original Face	 	Current	 	Certificate/	 	Accrued	 	Interest	 	Interest	 	Interest	 	Realized
	Class	 	Amount	 	Certificate Rate	 	Notional Balance	 	Interest	 	Shortfall	 	Shortfall	 	Shortfall	 	Loss (4)
	
	 	
	 	
	 	
	 	
	 	
	 	
	 	
	 	

	A
	 	 	695,210,000.00	 	 	 	1.57000	%	 	 	617,787,354.37	 	 	 	808,271.79	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	X-1A
	 	 	0.00	 	 	 	0.90058	%	 	 	177,223,268.60	 	 	 	133,003.03	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	X-1B
	 	 	0.00	 	 	 	1.02343	%	 	 	440,564,085.77	 	 	 	375,736.97	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	X-B
	 	 	0.00	 	 	 	0.46819	%	 	 	9,726,000.00	 	 	 	3,794.64	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	A-R
	 	 	100.00	 	 	 	3.25208	%	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-1
	 	 	9,726,000.00	 	 	 	2.09000	%	 	 	9,726,000.00	 	 	 	16,939.45	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-2
	 	 	5,764,000.00	 	 	 	2.55819	%	 	 	5,764,000.00	 	 	 	12,287.81	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-3
	 	 	3,962,000.00	 	 	 	2.55819	%	 	 	3,962,000.00	 	 	 	8,446.27	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-4
	 	 	1,801,000.00	 	 	 	2.55819	%	 	 	1,801,000.00	 	 	 	3,839.41	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-5
	 	 	1,080,000.00	 	 	 	2.55819	%	 	 	1,080,000.00	 	 	 	2,302.37	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	B-6
	 	 	2,882,787.00	 	 	 	2.55819	%	 	 	2,882,787.00	 	 	 	6,145.58	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	 	 	 	 	
	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	720,425,887.00	 	 	 	 	 	 	 	 	 	 	 	1,370,767.32	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	 	 	 	 	
	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 

[Additional columns below]

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

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

	 	A
	 	 	808,271.77	 	 	 	0.00	 	 	 	609,315,515.91	 
	 	X-1A
	 	 	133,003.03	 	 	 	0.00	 	 	 	174,660,665.50	 
	 	X-1B
	 	 	375,736.97	 	 	 	0.00	 	 	 	434,654,961.41	 
	 	X-B
	 	 	3,794.64	 	 	 	0.00	 	 	 	9,726,000.00	 
	 	A-R
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	 	16,939.45	 	 	 	0.00	 	 	 	9,726,000.00	 
	 	B-2
	 	 	12,287.81	 	 	 	0.00	 	 	 	5,764,000.00	 
	 	B-3
	 	 	8,446.27	 	 	 	0.00	 	 	 	3,962,000.00	 
	 	B-4
	 	 	3,839.41	 	 	 	0.00	 	 	 	1,801,000.00	 
	 	B-5
	 	 	2,302.37	 	 	 	0.00	 	 	 	1,080,000.00	 
	 	B-6
	 	 	6,145.58	 	 	 	0.00	 	 	 	2,882,787.00	 
	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 
	Totals
	 	 	1,370,767.30	 	 	 	0.00	 	 	 	 	 
	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 

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

Interest Distribution Factors Statement

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

	A
	 	 	 	695,210,000.00	 	 	 	1.57000	%	 	 	888.63415999	 	 	 	1.16262969	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-1A
	 	 	0.00	 	 	 	0.90058	%	 	 	924.18640670	 	 	 	0.69358608	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-1B
	 	 	0.00	 	 	 	1.02343	%	 	 	875.09263753	 	 	 	0.74632651	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-B
	 	 	0.00	 	 	 	0.46819	%	 	 	1000.00000000	 	 	 	0.39015423	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	A-R
	 	 	100.00	 	 	 	3.25208	%	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-1
	 	 	9,726,000.00	 	 	 	2.09000	%	 	 	1000.00000000	 	 	 	1.74166667	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-2
	 	 	5,726,000.00	 	 	 	2.55819	%	 	 	1000.00000000	 	 	 	2.13181992	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-3
	 	 	3,962,000.00	 	 	 	2.55819	%	 	 	1000.00000000	 	 	 	2.13181979	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-4
	 	 	1,801,000.00	 	 	 	2.55819	%	 	 	1000.00000000	 	 	 	2.13182121	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-5
	 	 	1,080,000.00	 	 	 	2.55819	%	 	 	1000.00000000	 	 	 	2.13182407	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-6
	 	 	2,882,787.00	 	 	 	2.55819	%	 	 	1000.00000000	 	 	 	2.13181897	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 

[Additional columns below]

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

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

	A
	 	 	1.16262967	 	 	 	0.00000000	 	 	 	876.44814647	 
	X-1A
	 	 	0.69358608	 	 	 	0.00000000	 	 	 	910.82232898	 
	X-1B
	 	 	0.74632651	 	 	 	0.00000000	 	 	 	963.35534121	 
	X-B
	 	 	0.39015423	 	 	 	0.00000000	 	 	 	1000.00000000	 
	A-R
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-1
	 	 	1.74166667	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-2
	 	 	2.13181992	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-3
	 	 	2.13181979	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-4
	 	 	2.13182121	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-5
	 	 	2.13182407	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-6
	 	 	2.13181897	 	 	 	0.00000000	 	 	 	1000.00000000	 

(5)  Per $1 denomination

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

 

 

Certificateholder Account Statement

Certificate Account

	 	 	 	 	 	 
	Beginning Balance
	 	 	0.00	 
	Deposits
	 	 	 	 
	 	Payments of Interest and Principal
	 	 	10,040,854.33	 
	 	Liquidations, Insurance Proceeds, Reserve Funds
	 	 	0.00	 
	 	Proceeds from Repurchased Loans
	 	 	0.00	 
	 	Other Amounts (Servicer Advances)
	 	 	4,164.15	 
	 	Realized Losses
	 	 	0.00	 
	 	Prepayment Penalties
	 	 	0.00	 
	 
	 	 	
	 
	Total Deposits
	 	 	10,045,018.48	 
	Withdrawals
	 	 	 	 
	 	Reimbursement for Servicer Advances
	 	 	4,756.71	 
	 	Payment of Service Fee
	 	 	197,656.00	 
	 	Payment of Interest and Principal
	 	 	9,842,605.77	 
	 
	 	 	
	 
	Total Withdrawals (Pool Distribution Amount)
	 	 	10,045,018.48	 
	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
	 	 	193,905.17	 
	Master Servicing Fee
	 	 	3,750.83	 
	Supported Prepayment/Curtailment Interest Shortfall
	 	 	0.00	 
	 
	 	 	
	 
	Net Servicing Fee
	 	 	197,656.00	 
	 
	 	 	
	 

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Beginning	 	Current	 	Current	 	Ending
	Account Type	 	Balance	 	Withdrawals	 	Deposits	 	Balance
	
	 	
	 	
	 	
	 	

	Class X-1 Basis Risk Reserve Fund
	 	 	5,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	5,000.00	 
	Class X-B Basis Risk Reserve Fund
	 	 	5,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	5,000.00	 

Loan Status Stratification/Credit Enhancement Statement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	BANKRUPTCY	 	FORECLOSURE
	
	 	
	 	

	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	0-29 Days
	 	 	0	 	 	 	0.00	 	 	0-29 Days	 	 	0	 	 	 	0.00	 	 	0-29 Days	 	 	0	 	 	 	0.00	 
	30 Days
	 	 	1	 	 	 	1,998,789.74	 	 	30 Days	 	 	0	 	 	 	0.00	 	 	30 Days	 	 	0	 	 	 	0.00	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	0	 	 	 	0.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	90 Days	 	 	0	 	 	 	0.00	 	 	90 Days	 	 	0	 	 	 	0.00	 
	120 Days
	 	 	0	 	 	 	0.00	 	 	120 Days	 	 	0	 	 	 	0.00	 	 	120 Days	 	 	0	 	 	 	0.00	 
	150 Days
	 	 	0	 	 	 	0.00	 	 	150 Days	 	 	0	 	 	 	0.00	 	 	150 Days	 	 	0	 	 	 	0.00	 
	180+ Days
	 	 	0	 	 	 	0.00	 	 	180+ Days	 	 	0	 	 	 	0.00	 	 	180+ Days	 	 	0	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	1	 	 	 	1,998,789.74	 	 	 	 	 	 	 	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
	 	 	0.054855	%	 	 	0.315005	%	 	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	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0.054855	%	 	 	0.315005	%	 	 	 	 	 	 	0.000000	%	 	 	0.000000	%	 	 	 	 	 	 	0.000000	%	 	 	0.000000	%

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	REO	 	TOTAL
	
	 	

	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	0-29 Days
	 	 	0	 	 	 	0.00	 	 	0-29 Days	 	 	0	 	 	 	0.00	 
	30 Days
	 	 	0	 	 	 	0.00	 	 	30 Days	 	 	1	 	 	 	1,998,789.74	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	0	 	 	 	0.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	90 Days	 	 	0	 	 	 	0.00	 
	120 Days
	 	 	0	 	 	 	0.00	 	 	120 Days	 	 	0	 	 	 	0.00	 
	150 Days
	 	 	0	 	 	 	0.00	 	 	150 Days	 	 	0	 	 	 	0.00	 
	180+ Days
	 	 	0	 	 	 	0.00	 	 	180+ Days	 	 	0	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0	 	 	 	0.00	 	 	 	 	 	 	 	1	 	 	 	1,998,789.74	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	0-29 Days
	 	 	0.000000	%	 	 	0.000000	%	 	0-29 Days	 	 	0.000000	%	 	 	0.000000	%
	30 Days
	 	 	0.000000	%	 	 	0.000000	%	 	30 Days	 	 	0.054855	%	 	 	0.315005	%
	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	%	 	 	 	 	 	 	0.054855	%	 	 	0.315005	%

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Current Period Class A Insufficient Funds:	 	 	
0.00	 	 	Principal Balance of Contaminated Properties
	 	 	0.00	 	 	Periodic Advance
	 	 	4,164.15	 

 

 

Subordinated Level/Credit Enhancement/Class Percentage and Prepayment Percentage

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

	Class A
	 	 	25,215,787.00	 	 	 	3.50012228	%	 	 	25,215,787.00	 	 	 	3.97392325	%	 	 	96.026077	%	 	 	0.000000	%
	Class B-1
	 	 	15,489,787.00	 	 	 	2.15008751	%	 	 	15,489,787.00	 	 	 	2.44113835	%	 	 	1.532785	%	 	 	38.571075	%
	Class B-2
	 	 	9,725,787.00	 	 	 	1.35000521	%	 	 	9,725,787.00	 	 	 	1.53275133	%	 	 	0.908387	%	 	 	22.858696	%
	Class B-3
	 	 	5,763,787.00	 	 	 	0.80005273	%	 	 	5,763,787.00	 	 	 	0.90835345	%	 	 	0.624398	%	 	 	15.712379	%
	Class B-4
	 	 	3,962,787.00	 	 	 	0.55006172	%	 	 	3,962,787.00	 	 	 	0.62452191	%	 	 	0.283832	%	 	 	7.142351	%
	Class B-5
	 	 	2,882,787.00	 	 	 	0.40015039	%	 	 	2,882,787.00	 	 	 	0.45431754	%	 	 	0.170204	%	 	 	4.283031	%
	Class B-6
	 	 	0.00	 	 	 	0.00000000	%	 	 	0.00	 	 	 	0.00000000	%	 	 	0.454318	%	 	 	11.432469	%

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

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Original $	 	Original %	 	Current $	 	Current %
	Bankruptcy
	 	 	119,754.00	 	 	 	0.01662267	%	 	 	119,754.00	 	 	 	0.01887283	%
	Fraud
	 	 	21,612,777.00	 	 	 	3.00000005	%	 	 	12,860,062.83	 	 	 	2.02670267	%
	Special Hazard
	 	 	11,600,000.00	 	 	 	1.61015869	%	 	 	11,600,000.00	 	 	 	1.82812100	%

Limit of subordinate’s exposure to certain types of losses

 

 

Collateral Statement

	 	 	 	 	 
	Collateral Description	 	Mixed ARM
	Weighted Average Gross Coupon
	 	 	2.927059	%
	Weighted Average Net Coupon
	 	 	2.565185	%
	Weighted Average Pass-Through Rate
	 	 	2.558185	%
	Weighted Average Maturity (Stepdown Calculation)
	 	 	314	 
	Beginning Scheduled Collateral Loan Count
	 	 	1,843	 
	Number of Loans Paid in Full
	 	 	20	 
	Ending Scheduled Collateral Loan Count
	 	 	1,823	 
	Beginning Scheduled Collateral Balance
	 	 	643,003,141.37	 
	Ending Scheduled Collateral Balance
	 	 	634,531,302.91	 
	Ending Actual Collateral Balance at 31-Oct-2003
	 	 	634,526,071.98	 
	Monthly P&I Constant
	 	 	1,568,423.39	 
	Special Servicing Fee
	 	 	0.00	 
	Prepayment Penalties
	 	 	0.00	 
	Realization Loss Amount
	 	 	0.00	 
	Cumulative Realized Loss
	 	 	0.00	 
	Class A Optimal Amount
	 	 	9,280,110.25	 
	Ending Scheduled Balance for Premium Loans
	 	 	634,531,302.91	 
	Scheduled Principal
	 	 	0.00	 
	Unscheduled Principal
	 	 	8,471,838.45	 

Miscellaneous Reporting

	 	 	 	 	 
	Pro Rata Senior Percentage
	 	 	96.078435	%
	Senior Percentage
	 	 	100.000000	%
	Senior Prepayment Percentage
	 	 	100.000000	%
	Subordinate Percentage
	 	 	0.000000	%
	Subordinate Prepayment Percentage
	 	 	0.000000	%
	One Month LIBOR Loan Balance
	 	 	181,888,670.68	 
	Six Month LIBOR Loan Balance
	 	 	452,642,632.23exv10w1

 

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 2002-7

Record Date: October 31, 2003

Distribution Date: November 20, 2003

Certificateholder Distribution Summary

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

	 	 	A
	 	81743YAA5	 	SEN	 	 	1.46000	%	 	 	444,788,747.98	 	 	 	541,159.64	 	 	 	8,627,922.40	 
	 	A-R
	 	SMT0207AR	 	SEN	 	 	3.50930	%	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	81743YAE7	 	SUB	 	 	1.87000	%	 	 	8,080,000.00	 	 	 	12,591.33	 	 	 	0.00	 
	 	B-2
	 	81743YAF4	 	SUB	 	 	2.67118	%	 	 	5,771,000.00	 	 	 	12,846.14	 	 	 	0.00	 
	 	B-3
	 	81743YAG2	 	SUB	 	 	2.67118	%	 	 	3,463,000.00	 	 	 	7,708.57	 	 	 	0.00	 
	 	B-4
	 	SMT0207B4	 	SUB	 	 	2.67118	%	 	 	1,442,000.00	 	 	 	3,209.87	 	 	 	0.00	 
	 	B-5
	 	SMT0207B5	 	SUB	 	 	2.67118	%	 	 	1,154,000.00	 	 	 	2,568.78	 	 	 	0.00	 
	 	B-6
	 	SMT0207B6	 	SUB	 	 	2.67118	%	 	 	2,600,498.71	 	 	 	5,788.66	 	 	 	0.00	 
	 	X-1
	 	81743YAC1	 	SEN	 	 	1.00848	%	 	 	0.00	 	 	 	66,355.59	 	 	 	0.00	 
	 	X-2
	 	81743YAD9	 	SEN	 	 	1.24512	%	 	 	0.00	 	 	 	387,970.91	 	 	 	0.00	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	467,299,246.69	 	 	 	1,040,199.49	 	 	 	8,627,922.40	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	
	 

[Additional columns below]

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

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

	 	 	A
	 	 	0.00	 	 	 	436,160,825.58	 	 	 	9,169,082.04	 	 	 	0.00	 
	 	A-R
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	 	0.00	 	 	 	8,080,000.00	 	 	 	12,591.33	 	 	 	0.00	 
	 	B-2
	 	 	0.00	 	 	 	5,771,000.00	 	 	 	12,846.14	 	 	 	0.00	 
	 	B-3
	 	 	0.00	 	 	 	3,463,000.00	 	 	 	7,708.57	 	 	 	0.00	 
	 	B-4
	 	 	0.00	 	 	 	1,442,000.00	 	 	 	3,209.87	 	 	 	0.00	 
	 	B-5
	 	 	0.00	 	 	 	1,154,000.00	 	 	 	2,568.78	 	 	 	0.00	 
	 	B-6
	 	 	0.00	 	 	 	2,600,498.71	 	 	 	5,788.66	 	 	 	0.00	 
	 	X-1
	 	 	0.00	 	 	 	0.00	 	 	 	66,355.59	 	 	 	0.00	 
	 	X-2
	 	 	0.00	 	 	 	0.00	 	 	 	387,970.91	 	 	 	0.00	 
	 	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	0.00	 	 	 	458,671,324.29	 	 	 	9,668,121.89	 	 	 	0.00	 
	 	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 

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

Principal Distribution Statement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Beginning	 	Scheduled	 	Unscheduled	 	 	 	 	 	 	 	 
	 	 	 	 	Original Face	 	Certificate	 	Principal	 	Principal	 	 	 	 	 	Realized
	Class	 	Amount	 	Balance	 	Distribution	 	Distribution	 	Accretion	 	Loss (1)
	
	 	
	 	
	 	
	 	
	 	
	 	

	 	 	A
	 	 	554,686,000.00	 	 	 	444,788,747.98	 	 	 	2.15	 	 	 	8,627,920.25	 	 	 	0.00	 	 	 	0.00	 
	 	A-R
	 	 	100.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	 	8,080,000.00	 	 	 	8,080,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-2
	 	 	5,771,000.00	 	 	 	5,771,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-3
	 	 	3,463,000.00	 	 	 	3,463,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-4
	 	 	1,442,000.00	 	 	 	1,442,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-5
	 	 	1,154,000.00	 	 	 	1,154,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-6
	 	 	2,600,498.71	 	 	 	2,600,498.71	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	X-1
	 	 	50.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	X-2
	 	 	50.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	577,196,698.71	 	 	 	467,299,246.69	 	 	 	2.15	 	 	 	8,627,920.25	 	 	 	0.00	 	 	 	0.00	 
	 	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 

[Additional columns below]

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

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

	 	 	A
	 	 	8,627,922.40	 	 	 	436,160,825.58	 	 	 	0.78632023	 	 	 	8,627,922.40	 
	 	A-R
	 	 	0.00	 	 	 	0.00	 	 	 	0.00000000	 	 	 	0.00	 
	 	B-1
	 	 	0.00	 	 	 	8,080,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-2
	 	 	0.00	 	 	 	5,771,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-3
	 	 	0.00	 	 	 	3,463,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-4
	 	 	0.00	 	 	 	1,442,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-5
	 	 	0.00	 	 	 	1,154,000.00	 	 	 	1.00000000	 	 	 	0.00	 
	 	B-6
	 	 	0.00	 	 	 	2,600,498.71	 	 	 	1.00000000	 	 	 	0.00	 
	 	X-1
	 	 	0.00	 	 	 	0.00	 	 	 	0.00000000	 	 	 	0.00	 
	 	X-2
	 	 	0.00	 	 	 	0.00	 	 	 	0.00000000	 	 	 	0.00	 
	 	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	8,627,922.40	 	 	 	458,671,324.29	 	 	 	0.79465341	 	 	 	8,627,922.40	 
	 	 	 
	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 

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

 

 

Principal Distribution Factors Statement

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

	A
	 	 	554,686,000.00	 	 	 	801.87484086	 	 	 	0.00000388	 	 	 	15.55460251	 	 	 	0.00000000	 	 	 	0.00000000	 
	A-R
	 	 	100.00	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-1
	 	 	8,080,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-2
	 	 	5,771,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-3
	 	 	3,463,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-4
	 	 	1,442,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-5
	 	 	1,154,000.00	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-6
	 	 	2,600,498.71	 	 	 	1000.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-1
	 	 	50.00	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-2
	 	 	50.00	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 

[Additional columns below]

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

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

	A
	 	 	15.55460639	 	 	 	786.32023448	 	 	 	0.78632023	 	 	 	15.55460639	 
	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	 
	X-1
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	X-2
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 

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

Interest Distribution Statement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	Beginning	 	 	 	 	 	Payment of	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	Certificate/	 	Current	 	Unpaid	 	Current
	 	 	 	 	Original Face	 	Current	 	Notional	 	Accrued	 	Interest	 	Interest
	Class	 	Amount	 	Certificate Rate	 	Balance	 	Interest	 	Shortfall	 	Shortfall
	
	 	
	 	
	 	
	 	
	 	
	 	

	 	A
	 	 	554,686,000.00	 	 	 	1.46000	%	 	 	444,788,747.98	 	 	 	541,159.64	 	 	 	0.00	 	 	 	0.00	 
	 	A-R
	 	 	100.00	 	 	 	3.50930	%	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	 	8,080,000.00	 	 	 	1.87000	%	 	 	8,080,000.00	 	 	 	12,591.33	 	 	 	0.00	 	 	 	0.00	 
	 	B-2
	 	 	5,771,000.00	 	 	 	2.67118	%	 	 	5,771,000.00	 	 	 	12,846.14	 	 	 	0.00	 	 	 	0.00	 
	 	B-3
	 	 	3,463,000.00	 	 	 	2.67118	%	 	 	3,463,000.00	 	 	 	7,708.57	 	 	 	0.00	 	 	 	0.00	 
	 	B-4
	 	 	1,442,000.00	 	 	 	2.67118	%	 	 	1,442,000.00	 	 	 	3,209.87	 	 	 	0.00	 	 	 	0.00	 
	 	B-5
	 	 	1,154,000.00	 	 	 	2.67118	%	 	 	1,154,000.00	 	 	 	2,568.78	 	 	 	0.00	 	 	 	0.00	 
	 	B-6
	 	 	2,600,498.71	 	 	 	2.67118	%	 	 	2,600,498.71	 	 	 	5,788.66	 	 	 	0.00	 	 	 	0.00	 
	 	X-1
	 	 	50.00	 	 	 	1.00848	%	 	 	78,956,928.58	 	 	 	66,355.59	 	 	 	0.00	 	 	 	0.00	 
	 	X-2
	 	 	50.00	 	 	 	1.24512	%	 	 	373,911,819.40	 	 	 	387,970.91	 	 	 	0.00	 	 	 	0.00	 
	

	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	577,196,698.71	 	 	 	 	 	 	 	 	 	 	 	1,040,199.49	 	 	 	0.00	 	 	 	0.00	 
	

	 	 	
	 	 	 	 	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	
	 

[Additional columns below]

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

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Non-	 	 	 	 	 	 	 	 	 	Remaining	 	Ending
	 	 	 	 	Supported	 	 	 	 	 	 	 	 	 	Unpaid	 	Certificate/
	 	 	 	 	Interest	 	Realized	 	Total Interest	 	Interest	 	Notational
	Class	 	Shortfall	 	Loss (4)	 	Distribution	 	Shortfall	 	Balance
	
	 	
	 	
	 	
	 	
	 	

	 	A
	 	 	0.00	 	 	 	0.00	 	 	 	541,159.64	 	 	 	0.00	 	 	 	436,160,825.58	 
	 	A-R
	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 
	 	B-1
	 	 	0.00	 	 	 	0.00	 	 	 	12,591.33	 	 	 	0.00	 	 	 	8,080,000.00	 
	 	B-2
	 	 	0.00	 	 	 	0.00	 	 	 	12,846.14	 	 	 	0.00	 	 	 	5,771,000.00	 
	 	B-3
	 	 	0.00	 	 	 	0.00	 	 	 	7,708.57	 	 	 	0.00	 	 	 	3,463,000.00	 
	 	B-4
	 	 	0.00	 	 	 	0.00	 	 	 	3,209.87	 	 	 	0.00	 	 	 	1,442,000.00	 
	 	B-5
	 	 	0.00	 	 	 	0.00	 	 	 	2,568.78	 	 	 	0.00	 	 	 	1,154,000.00	 
	 	B-6
	 	 	0.00	 	 	 	0.00	 	 	 	5,788.66	 	 	 	0.00	 	 	 	2,600,498.71	 
	 	X-1
	 	 	0.00	 	 	 	0.00	 	 	 	66,355.59	 	 	 	0.00	 	 	 	76,838,113.34	 
	 	X-2
	 	 	0.00	 	 	 	0.00	 	 	 	387,970.91	 	 	 	0.00	 	 	 	367,402,712.25	 
	

	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 
	Totals
	 	 	0.00	 	 	 	0.00	 	 	 	1,040,199.49	 	 	 	0.00	 	 	 	 	 
	

	 	 	
	 	 	 	
	 	 	 	
	 	 	 	
	 	 	 	 	 

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

 

 

Interest Distribution Factors Statement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Payment of
	 	 	 	 	 	 	 	Current	 	Beginning	 	Current	 	Unpaid
	 	 	 	Original Face	 	Certificate	 	Certificate/	 	Accrued	 	Interest
	Class (5)	 	Amount	 	Rate	 	Notional Balance	 	Interest	 	Shortfall
	
	 	
	 	
	 	
	 	
	 	

	  A
	 	 	554,686,000.00	 	 	 	1.46000	%	 	 	801.87484086	 	 	 	0.97561438	 	 	 	0.00000000	 
	A-R
	 	 	100.00	 	 	 	3.50930	%	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-1
	 	 	8,080,000.00	 	 	 	1.87000	%	 	 	1000.00000000	 	 	 	1.55833292	 	 	 	0.00000000	 
	B-2
	 	 	5,771,000.00	 	 	 	2.67118	%	 	 	1000.00000000	 	 	 	2.22598163	 	 	 	0.00000000	 
	B-3
	 	 	3,463,000.00	 	 	 	2.67118	%	 	 	1000.00000000	 	 	 	2.22598036	 	 	 	0.00000000	 
	B-4
	 	 	1,442,000.00	 	 	 	2.67118	%	 	 	1000.00000000	 	 	 	2.22598474	 	 	 	0.00000000	 
	B-5
	 	 	1,154,000.00	 	 	 	2.67118	%	 	 	1000.00000000	 	 	 	2.22597920	 	 	 	0.00000000	 
	B-6
	 	 	2,600,498.71	 	 	 	2.67118	%	 	 	1000.00000000	 	 	 	2.22598072	 	 	 	0.00000000	 
	X-1
	 	 	50.00	 	 	 	1.00848	%	 	 	1579138.57160000	 	 	 	1327.11180000	 	 	 	0.00000000	 
	X-2
	 	 	50.00	 	 	 	1.24512	%	 	 	7478236.38800000	 	 	 	7759.41820000	 	 	 	0.00000000	 

[Additional columns below]

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

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	Non-	 	 	 	 	 	 	 	 	 	Remaining	 	 	 	 
	 	 	 	Current	 	Supported	 	 	 	 	 	 	 	 	 	Unpaid	 	 	 	 
	 	 	 	Interest	 	Interest	 	Realized	 	Total Interest	 	Interest	 	Ending Certificate/
	Class (5)	 	Shortfall	 	Shortfall	 	Loss (6)	 	Distribution	 	Shortfall	 	Notational Balance
	
	 	
	 	
	 	
	 	
	 	
	 	

	  A
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.97561438	 	 	 	0.00000000	 	 	 	786.32023448	 
	A-R
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 
	B-1
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	1.55833292	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-2
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	2.22598163	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-3
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	2.22598036	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-4
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	2.22598474	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-5
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	2.22597920	 	 	 	0.00000000	 	 	 	1000.00000000	 
	B-6
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	2.22598072	 	 	 	0.00000000	 	 	 	1000.00000000	 
	X-1
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	1327.11180000	 	 	 	0.00000000	 	 	 	1536762.26680000	 
	X-2
	 	 	0.00000000	 	 	 	0.00000000	 	 	 	0.00000000	 	 	 	7759.41820000	 	 	 	0.00000000	 	 	 	7348054.24500000	 

(5)  Per $1 denomination

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

Certificateholder Account Statement

Certificate Account

	 	 	 	 	 	 
	Beginning Balance
	 	 	0.00	 
	Deposits
	 	 	 	 
	 	Payments of Interest and Principal
	 	 	9,818,251.99	 
	 	Liquidations, Insurance Proceeds, Reserve Funds
	 	 	0.00	 
	 	Proceeds from Repurchased Loans
	 	 	0.00	 
	 	Other Amounts (Servicer Advances)
	 	 	295.99	 
	 	Realized Losses
	 	 	0.00	 
	 	Prepayment Penalties
	 	 	0.00	 
	 
	 	 	
	 
	Total Deposits
	 	 	9,818,547.98	 
	Withdrawals
	 	 	 	 
	 	Reimbursement for Servicer Advances
	 	 	295.99	 
	 	Payment of Service Fee
	 	 	150,130.10	 
	 	Payment of Interest and Principal
	 	 	9,668,121.89	 
	 
	 	 	
	 
	Total Withdrawals (Pool Distribution Amount)
	 	 	9,818,547.98	 
	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
	 	 	146,235.94	 
	Master Servicing Fee
	 	 	3,894.16	 
	Supported Prepayment/Curtailment Interest Shortfall
	 	 	0.00	 
	 
	 	 	
	 
	Net Servicing Fee
	 	 	150,130.10	 
	 
	 	 	
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Beginning	 	Current	 	Current	 	Ending
	Account Type	 	Balance	 	Withdrawals	 	Deposits	 	Balance
	
	 	
	 	
	 	
	 	

	Basis Risk Reserve Fund – X-1
	 	 	1,512.56	 	 	 	0.00	 	 	 	0.00	 	 	 	1,512.56	 
	Basis Risk Reserve Fund – X-2
	 	 	8,487.44	 	 	 	0.00	 	 	 	0.00	 	 	 	8,487.44	 

 

 

Loan Status Stratification/Credit Enhancement Statement

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	 	BANKRUPTCY	 	FORECLOSURE	 
	
	 	 	
	 	
	 
	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	30 Days
	 	 	1	 	 	 	149,550.97	 	 	30 Days	 	 	0	 	 	 	0.00	 	 	30 Days	 	 	0	 	 	 	0.00	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	0	 	 	 	0.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	90 Days	 	 	0	 	 	 	0.00	 	 	90 Days	 	 	0	 	 	 	0.00	 
	120 Days
	 	 	0	 	 	 	0.00	 	 	120 Days	 	 	0	 	 	 	0.00	 	 	120 Days	 	 	0	 	 	 	0.00	 
	150 Days
	 	 	0	 	 	 	0.00	 	 	150 Days	 	 	0	 	 	 	0.00	 	 	150 Days	 	 	0	 	 	 	0.00	 
	180+ Days
	 	 	0	 	 	 	0.00	 	 	180+ Days	 	 	0	 	 	 	0.00	 	 	180+ Days	 	 	0	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	1	 	 	 	149,550.97	 	 	 	 	 	 	 	0	 	 	 	0.00	 	 	 	 	 	 	 	0	 	 	 	0.00	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	30 Days
	 	 	0.078431	%	 	 	0.032606	%	 	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	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0.078431	%	 	 	0.032606	%	 	 	 	 	 	 	0.000000	%	 	 	0.000000	%	 	 	 	 	 	 	0.000000	%	 	 	0.000000	%

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	REO	 	TOTAL
	
	 	

	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	30 Days
	 	 	0	 	 	 	0.00	 	 	30 Days	 	 	1	 	 	 	149,550.97	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	0	 	 	 	0.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	90 Days	 	 	0	 	 	 	0.00	 
	120 Days
	 	 	0	 	 	 	0.00	 	 	120 Days	 	 	0	 	 	 	0.00	 
	150 Days
	 	 	0	 	 	 	0.00	 	 	150 Days	 	 	0	 	 	 	0.00	 
	180+ Days
	 	 	0	 	 	 	0.00	 	 	180+ Days	 	 	0	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0	 	 	 	0.00	 	 	 	 	 	 	 	1	 	 	 	149,550.97	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	30 Days
	 	 	0.000000	%	 	 	0.000000	%	 	30 Days	 	 	0.078431	%	 	 	0.032606	%
	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	%	 	 	 	 	 	 	0.078431	%	 	 	0.032606	%

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Current Period Class A Insufficient Funds:	 	 	
0.00	 	 	Principal Balance of Contaminated Properties
	 	 	0.00	 	 	Periodic Advance
	 	 	295.99	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Original $	 	Original %	 	Current $	 	Current %
	 	Bankruptcy
	 	 	100,261.00	 	 	 	0.01737033	%	 	 	100,261.00	 	 	 	0.02185901	%
	 	 	Fraud
	 	 	17,315,901.00	 	 	 	3.00000001	%	 	 	10,161,109.97	 	 	 	2.21533578	%
	Special Hazard
	 	 	5,771,967.00	 	 	 	1.00000000	%	 	 	4,700,000.00	 	 	 	1.02469890	%

     Limit of subordinate’s exposure to certain types of losses

 

 

Delinquency Status By Group

One-Month Libor

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	BANKRUPTCY	 	FORECLOSURE
	
	 	
	 	

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

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

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	REO	 	Total
	
	 	

	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	30 Days
	 	 	0	 	 	 	0.00	 	 	30 Days	 	 	0	 	 	 	0.00	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	0	 	 	 	0.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	90 Days	 	 	0	 	 	 	0.00	 
	120 Days
	 	 	0	 	 	 	0.00	 	 	120 Days	 	 	0	 	 	 	0.00	 
	150 Days
	 	 	0	 	 	 	0.00	 	 	150 Days	 	 	0	 	 	 	0.00	 
	180+ Days
	 	 	0	 	 	 	0.00	 	 	180+ Days	 	 	0	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0	 	 	 	0.00	 	 	 	 	 	 	 	0	 	 	 	0.00	 

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

	30 Days
	 	 	0.000000	%	 	 	0.00	%	 	30 Days	 	 	0.000000	%	 	 	0.000000	%
	60 Days
	 	 	0.000000	%	 	 	0.00	%	 	60 Days	 	 	0.000000	%	 	 	0.000000	%
	90 Days
	 	 	0.000000	%	 	 	0.00	%	 	90 Days	 	 	0.000000	%	 	 	0.000000	%
	120 Days
	 	 	0.000000	%	 	 	0.00	%	 	120 Days	 	 	0.000000	%	 	 	0.000000	%
	150 Days
	 	 	0.000000	%	 	 	0.00	%	 	150 Days	 	 	0.000000	%	 	 	0.000000	%
	180+ Days
	 	 	0.000000	%	 	 	0.00	%	 	180+ Days	 	 	0.000000	%	 	 	0.000000	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0.000000	%	 	 	0.00	%	 	 	 	 	 	 	0.000000	%	 	 	0.000000	%

Six-Month Libor

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	DELINQUENT	 	BANKRUPTCY	 	FORECLOSURE
	
	 	
	 	

	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	30 Days
	 	 	1	 	 	 	149,550.97	 	 	30 Days	 	 	0	 	 	 	0	 	 	30 Days	 	 	0	 	 	 	0.00	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	0	 	 	 	0	 	 	60 Days	 	 	0	 	 	 	0.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	90 Days	 	 	0	 	 	 	0	 	 	90 Days	 	 	0	 	 	 	0.00	 
	120 Days
	 	 	0	 	 	 	0.00	 	 	120 Days	 	 	0	 	 	 	0	 	 	120 Days	 	 	0	 	 	 	0.00	 
	150 Days
	 	 	0	 	 	 	0.00	 	 	150 Days	 	 	0	 	 	 	0	 	 	150 Days	 	 	0	 	 	 	0.00	 
	180+ Days
	 	 	0	 	 	 	0.00	 	 	180+ Days	 	 	0	 	 	 	0	 	 	180+ Days	 	 	0	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	1	 	 	 	149,550.97	 	 	 	 	 	 	 	0	 	 	 	0	 	 	 	 	 	 	 	0	 	 	 	0.00	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	30 Days
	 	 	0.093458	%	 	 	0.039425	%	 	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	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0.093458	%	 	 	0.039425	%	 	 	 	 	 	 	0.000000	%	 	 	0.000000	%	 	 	 	 	 	 	0.000000	%	 	 	0.000000	%

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	REO	 	TOTAL
	 	 	
	 	 	 	 	 	 	 	 	 	
	 	 	 	 
	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	30 Days
	 	 	0	 	 	 	0.00	 	 	30 Days	 	 	1	 	 	 	149,550.97	 
	60 Days
	 	 	0	 	 	 	0.00	 	 	60 Days	 	 	0	 	 	 	0.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	90 Days	 	 	0	 	 	 	0.00	 
	120 Days
	 	 	0	 	 	 	0.00	 	 	120 Days	 	 	0	 	 	 	0.00	 
	150 Days
	 	 	0	 	 	 	0.00	 	 	150 Days	 	 	0	 	 	 	0.00	 
	180+ Days
	 	 	0	 	 	 	0.00	 	 	180+ Days	 	 	0	 	 	 	0.00	 
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 
	 
	 	 	0	 	 	 	0.00	 	 	 	 	 	 	 	1	 	 	 	149,550.97	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	Principal	 	 	 	 	 	No. of	 	Principal
	 	 	Loans	 	Balance	 	 	 	 	 	Loans	 	Balance
	30 Days
	 	 	0.000000	%	 	 	0.000000	%	 	30 Days	 	 	0.093458	%	 	 	0.039425	%
	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	%	 	 	 	 	 	 	0.093458	%	 	 	0.039425	%
	 
	 	 	
	 	 	 	
	 	 	 	 	 	 	 	
	 	 	 	
	 

 

 

Collateral Statement

	 	 	 	 	 
	Collateral Description	 	Mixed Fixed & Arm
	Weighted Average Gross Coupon
	 	 	3.056704	%
	Weighted Average Net Coupon
	 	 	2.681178	%
	Weighted Average Pass-Through Rate
	 	 	2.671178	%
	Weighted Average Maturity (Stepdown Calculation)
	 	 	342	 
	Beginning Scheduled Collateral Loan Count
	 	 	1,297	 
	Number of Loans Paid in Full
	 	 	22	 
	Ending Scheduled Collateral Loan Count
	 	 	1,275	 
	Beginning Scheduled Collateral Balance
	 	 	467,299,246.69	 
	Ending Scheduled Collateral Balance
	 	 	458,671,324.29	 
	Ending Actual Collateral Balance at 31-Oct-2003
	 	 	458,666,916.80	 
	Monthly P&I Constant
	 	 	1,190,331.76	 
	Special Servicing Fee
	 	 	0.00	 
	Prepayment Penalties
	 	 	0.00	 
	Realization Loss Amount
	 	 	0.00	 
	Cumulative Realized Loss
	 	 	0.00	 
	Scheduled Principal
	 	 	2.15	 
	Unscheduled Principal
	 	 	8,627,920.25	 

Miscellaneous Reporting

	 	 	 	 	 
	Pro Rata Senior Percent
	 	 	95.182851	%
	Senior Percent
	 	 	100.000000	%
	Senior Prepay Percent
	 	 	100.000000	%
	Subordinate Percent
	 	 	0.000000	%
	Subordinate Prepay Percent
	 	 	0.000000	%

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Group	 	One Month Libor	 	Six Month Libor	 	Total
	Collateral Description
	 	Monthly	 	 	6 Month Arm	 	 	Mixed Fixed & Arm	 
	Weighted Average Coupon Rate
	 	 	2.860798	 	 	 	3.098073	 	 	 	3.056704	 
	Weighted Average Net Rate
	 	 	2.485798	 	 	 	2.722435	 	 	 	2.681178	 
	Pass-Through Rate
	 	 	2.475798	 	 	 	2.712435	 	 	 	2.671178	 
	Weighted Average Maturity
	 	 	302	 	 	 	303	 	 	 	342	 
	Record Date
	 	 	10/31/2003	 	 	 	10/31/2003	 	 	 	10/31/2003	 
	Principal and Interest Constant
	 	 	194,231.17	 	 	 	996,100.59	 	 	 	1,190,331.76	 
	Beginning Loan Count
	 	 	207	 	 	 	1,090	 	 	 	1,297	 
	Loans Paid in Full
	 	 	2	 	 	 	20	 	 	 	22	 
	Ending Loan Count
	 	 	205	 	 	 	1,070	 	 	 	1,275	 
	Beginning Scheduled Balance
	 	 	81,472,862.53	 	 	 	385,826,384.16	 	 	 	467,299,246.69	 
	Ending Scheduled Balance
	 	 	79,334,084.51	 	 	 	379,337,239.78	 	 	 	458,671,324.29	 
	Scheduled Principal
	 	 	0.00	 	 	 	2.15	 	 	 	2.15	 
	Unscheduled Principal
	 	 	2,138,778.02	 	 	 	6,489,142.23	 	 	 	8,627,920.25	 
	Scheduled Interest
	 	 	194,231.17	 	 	 	996,098.44	 	 	 	1,190,329.61	 
	Servicing Fee
	 	 	25,460.26	 	 	 	120,775.68	 	 	 	146,235.94	 
	Master Servicing Fee
	 	 	678.94	 	 	 	3,215.22	 	 	 	3,894.16	 
	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
	 	 	168,091.97	 	 	 	872,107.54	 	 	 	1,040,199.51	 
	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

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}]]