8-K 1 we673290-8k.txt CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 30, 2002 (Date of earliest event reported) Commission File No. 333-74308 Wells Fargo Asset Securities Corporation -------------------------------------------------------------------------------- Delaware 52-1972128 (State of Incorporation) I.R.S. Employer Identification No. 7485 New Horizon Way, Frederick, Maryland 21703 -------------------------------------------------------------------------------- Address of principal executive offices (Zip Code) (301) 846-8881 -------------------------------------------------------------------------------- Registrant's Telephone Number, including area code -------------------------------------------------------------------------------- (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On May 30, 2002, Wells Fargo Asset Securities Corporation, a Delaware corporation (the "Registrant"), sold Mortgage Pass-Through Certificates, Series 2002-9, Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-PO, Class A-R, Class B-1, Class B-2 and Class B-3 (the "Offered Certificates"), having an aggregate original principal balance of $398,415,124.00. The Offered Certificates were issued pursuant to a Pooling and Servicing Agreement, dated as of May 30, 2002, among the Registrant, Wells Fargo Bank Minnesota, National Association, as master servicer (the "Master Servicer" or "Wells Fargo Bank") and Wachovia Bank, National Association, as trustee (the "Agreement"), a copy of which is filed as an exhibit hereto. Mortgage Pass-Through Certificates, Series 2002-9, Class B-4, Class B-5 and Class B-6 Certificates, having an aggregate initial principal balance of $2,004,541.17 (the "Private Class B Certificates" and, together with the Offered Certificates, the "Certificates"), were also issued pursuant to the Agreement. As of the date of initial issuance, the Offered Certificates evidenced an approximate 99.20% undivided interest in a trust fund (the "Trust Estate"), consisting principally of a pool of fixed interest rate, conventional, monthly pay, fully-amortizing, one-to four-family residential first mortgage loans, other than the Fixed Retained Yield (as defined in the Agreement), which may include loans secured by shares issued by cooperative housing corporations. The remaining undivided interests in the Trust Estate are evidenced by the Private Class B Certificates. Distributions on the Private Class B Certificates are subordinated to distributions on the Offered Certificates. Interest on the Offered Certificates will be distributed on each Distribution Date (as defined in the Agreement). Monthly distributions in reduction of the principal balance of the Offered Certificates will be allocated to the Offered Certificates in accordance with the priorities set forth in the Agreement. Distributions of interest and in reduction of principal balance on any Distribution Date will be made to the extent that the Pool Distribution Amount is sufficient therefor. An election will be made to treat the Trust Estate as a REMIC for federal income tax purposes. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-PO, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates will be treated as "regular interests" in the REMIC and the Class A-R Certificate will be treated as the "residual interest" in the REMIC. ITEM 7. Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit No. Description ----------------- ----------- (EX-4) Pooling and Servicing Agreement, dated as of May 30, 2002, among Wells Fargo Asset Securities Corporation, Wells Fargo Bank Minnesota, National Association and Wachovia Bank, National Association, as trustee. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WELLS FARGO ASSET SECURITIES CORPORATION May 30, 2002 /s/ Alan S. McKenney ---------------------------------------- Alan S. McKenney Vice President INDEX TO EXHIBITS Paper (P) or Exhibit No. Description Electronic (E) ----------- ----------- -------------- (EX-4) Pooling and Servicing Agreement, dated as E of May 30, 2002 among Wells Fargo Asset Securities Corporation, Wells Fargo Bank Minnesota, National Association and Wachovia Bank, National Association, as trustee.

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 6/30/02 Distribution Date: 7/25/02 WFMBS Series: 2002-9 Contact: Customer Service - SecuritiesLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 846-8130 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1 94978XAA6 SEQ 6.25000% 177,599,599.38 924,997.91 3,396,050.59 A-2 94978XAB4 SEQ 6.25000% 19,925,748.48 103,779.94 282,092.80 A-3 94978XAC2 SEQ 6.25000% 59,670,710.63 310,784.95 1,239,946.68 A-4 94978XAD0 SEQ 6.25000% 29,757,000.00 154,984.38 0.00 A-5 94978XAE8 SEQ 6.25000% 36,700,000.00 191,145.83 0.00 A-6 94978XAF5 SEQ 0.00000% 352,320.00 0.00 0.00 A-7 94978XAG3 SEQ 6.25000% 63,600,000.00 331,250.00 0.00 A-PO 94978XAH1 PO 0.00000% 97,609.55 0.00 93.94 A-R 94978XAJ7 RES 6.25000% 0.00 68.00 0.00 B-1 94978XAK4 SUB 6.25000% 5,600,201.12 29,167.71 4,791.96 B-2 94978XAL2 SUB 6.25000% 2,200,114.70 11,458.93 1,882.58 B-3 94978XAM0 SUB 6.25000% 1,599,629.26 8,331.40 1,368.76 B-4 94978XAN8 SUB 6.25000% 599,486.29 3,122.32 512.97 B-5 94978XAP3 SUB 6.25000% 799,315.06 4,163.10 683.95 B-6 94978XAQ1 SUB 6.25000% 604,023.58 3,145.96 516.85 Totals 399,105,758.05 2,076,400.43 4,927,941.08

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 174,203,548.80 4,321,048.50 0.00 A-2 0.00 19,643,655.68 385,872.74 0.00 A-3 0.00 58,430,763.95 1,550,731.63 0.00 A-4 0.00 29,757,000.00 154,984.38 0.00 A-5 0.00 36,700,000.00 191,145.83 0.00 A-6 0.00 352,320.00 0.00 0.00 A-7 0.00 63,600,000.00 331,250.00 0.00 A-PO 0.00 97,515.61 93.94 0.00 A-R 0.00 0.00 68.00 0.00 B-1 0.00 5,595,409.17 33,959.67 0.00 B-2 0.00 2,198,232.11 13,341.51 0.00 B-3 0.00 1,598,260.50 9,700.16 0.00 B-4 0.00 598,973.33 3,635.29 0.00 B-5 0.00 798,631.10 4,847.05 0.00 B-6 0.00 603,506.73 3,662.81 0.00 Totals 0.00 394,177,816.98 7,004,341.51 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 Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 178,500,000.00 177,599,599.38 229,021.69 3,167,028.90 0.00 0.00 A-2 20,000,000.00 19,925,748.48 19,023.68 263,069.12 0.00 0.00 A-3 60,000,000.00 59,670,710.63 83,619.10 1,156,327.58 0.00 0.00 A-4 29,757,000.00 29,757,000.00 0.00 0.00 0.00 0.00 A-5 36,700,000.00 36,700,000.00 0.00 0.00 0.00 0.00 A-6 352,320.00 352,320.00 0.00 0.00 0.00 0.00 A-7 63,600,000.00 63,600,000.00 0.00 0.00 0.00 0.00 A-PO 97,704.58 97,609.55 91.67 2.27 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 5,605,000.00 5,600,201.12 4,791.96 0.00 0.00 0.00 B-2 2,202,000.00 2,200,114.70 1,882.58 0.00 0.00 0.00 B-3 1,601,000.00 1,599,629.26 1,368.76 0.00 0.00 0.00 B-4 600,000.00 599,486.29 512.97 0.00 0.00 0.00 B-5 800,000.00 799,315.06 683.95 0.00 0.00 0.00 B-6 604,541.17 604,023.58 516.85 0.00 0.00 0.00 Totals 400,419,665.75 399,105,758.05 341,513.21 4,586,427.87 0.00 0.00 (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 Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1 3,396,050.59 174,203,548.80 0.97593025 3,396,050.59 A-2 282,092.80 19,643,655.68 0.98218278 282,092.80 A-3 1,239,946.68 58,430,763.95 0.97384607 1,239,946.68 A-4 0.00 29,757,000.00 1.00000000 0.00 A-5 0.00 36,700,000.00 1.00000000 0.00 A-6 0.00 352,320.00 1.00000000 0.00 A-7 0.00 63,600,000.00 1.00000000 0.00 A-PO 93.94 97,515.61 0.99806590 93.94 A-R 0.00 0.00 0.00000000 0.00 B-1 4,791.96 5,595,409.17 0.99828888 4,791.96 B-2 1,882.58 2,198,232.11 0.99828888 1,882.58 B-3 1,368.76 1,598,260.50 0.99828888 1,368.76 B-4 512.97 598,973.33 0.99828888 512.97 B-5 683.95 798,631.10 0.99828887 683.95 B-6 516.85 603,506.73 0.99828888 516.85 Totals 4,927,941.08 394,177,816.98 0.98441173 4,927,941.08

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 178,500,000.00 994.95573882 1.28303468 17.74245882 0.00000000 A-2 20,000,000.00 996.28742400 0.95118400 13.15345600 0.00000000 A-3 60,000,000.00 994.51184383 1.39365167 19.27212633 0.00000000 A-4 29,757,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 36,700,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-6 352,320.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-7 63,600,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-PO 97,704.58 999.02737415 0.93823647 0.02323330 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 5,605,000.00 999.14382159 0.85494380 0.00000000 0.00000000 B-2 2,202,000.00 999.14382380 0.85494096 0.00000000 0.00000000 B-3 1,601,000.00 999.14382261 0.85494066 0.00000000 0.00000000 B-4 600,000.00 999.14381667 0.85495000 0.00000000 0.00000000 B-5 800,000.00 999.14382500 0.85493750 0.00000000 0.00000000 B-6 604,541.17 999.14383002 0.85494591 0.00000000 0.00000000 (2) per $1000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 19.02549350 975.93024538 0.97593025 19.02549350 A-2 0.00000000 14.10464000 982.18278400 0.98218278 14.10464000 A-3 0.00000000 20.66577800 973.84606583 0.97384607 20.66577800 A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-PO 0.00000000 0.96146977 998.06590438 0.99806590 0.96146977 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.85494380 998.28887957 0.99828888 0.85494380 B-2 0.00000000 0.85494096 998.28887829 0.99828888 0.85494096 B-3 0.00000000 0.85494066 998.28888195 0.99828888 0.85494066 B-4 0.00000000 0.85495000 998.28888333 0.99828888 0.85495000 B-5 0.00000000 0.85493750 998.28887500 0.99828887 0.85493750 B-6 0.00000000 0.85494591 998.28888411 0.99828888 0.85494591 (3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-1 178,500,000.00 6.25000% 177,599,599.38 924,997.91 0.00 0.00 A-2 20,000,000.00 6.25000% 19,925,748.48 103,779.94 0.00 0.00 A-3 60,000,000.00 6.25000% 59,670,710.63 310,784.95 0.00 0.00 A-4 29,757,000.00 6.25000% 29,757,000.00 154,984.38 0.00 0.00 A-5 36,700,000.00 6.25000% 36,700,000.00 191,145.83 0.00 0.00 A-6 352,320.00 0.00000% 352,320.00 0.00 0.00 0.00 A-7 63,600,000.00 6.25000% 63,600,000.00 331,250.00 0.00 0.00 A-PO 97,704.58 0.00000% 97,609.55 0.00 0.00 0.00 A-R 100.00 6.25000% 0.00 0.00 0.00 0.00 B-1 5,605,000.00 6.25000% 5,600,201.12 29,167.71 0.00 0.00 B-2 2,202,000.00 6.25000% 2,200,114.70 11,458.93 0.00 0.00 B-3 1,601,000.00 6.25000% 1,599,629.26 8,331.40 0.00 0.00 B-4 600,000.00 6.25000% 599,486.29 3,122.32 0.00 0.00 B-5 800,000.00 6.25000% 799,315.06 4,163.10 0.00 0.00 B-6 604,541.17 6.25000% 604,023.58 3,145.96 0.00 0.00 Totals 400,419,665.75 2,076,332.43 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1 0.00 0.00 924,997.91 0.00 174,203,548.80 A-2 0.00 0.00 103,779.94 0.00 19,643,655.68 A-3 0.00 0.00 310,784.95 0.00 58,430,763.95 A-4 0.00 0.00 154,984.38 0.00 29,757,000.00 A-5 0.00 0.00 191,145.83 0.00 36,700,000.00 A-6 0.00 0.00 0.00 0.00 352,320.00 A-7 0.00 0.00 331,250.00 0.00 63,600,000.00 A-PO 0.00 0.00 0.00 0.00 97,515.61 A-R 0.00 0.00 68.00 0.00 0.00 B-1 0.00 0.00 29,167.71 0.00 5,595,409.17 B-2 0.00 0.00 11,458.93 0.00 2,198,232.11 B-3 0.00 0.00 8,331.40 0.00 1,598,260.50 B-4 0.00 0.00 3,122.32 0.00 598,973.33 B-5 0.00 0.00 4,163.10 0.00 798,631.10 B-6 0.00 0.00 3,145.96 0.00 603,506.73 Totals 0.00 0.00 2,076,400.43 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-1 178,500,000.00 6.25000% 994.95573882 5.18206112 0.00000000 0.00000000 A-2 20,000,000.00 6.25000% 996.28742400 5.18899700 0.00000000 0.00000000 A-3 60,000,000.00 6.25000% 994.51184383 5.17974917 0.00000000 0.00000000 A-4 29,757,000.00 6.25000% 1000.00000000 5.20833350 0.00000000 0.00000000 A-5 36,700,000.00 6.25000% 1000.00000000 5.20833324 0.00000000 0.00000000 A-6 352,320.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 A-7 63,600,000.00 6.25000% 1000.00000000 5.20833333 0.00000000 0.00000000 A-PO 97,704.58 0.00000% 999.02737415 0.00000000 0.00000000 0.00000000 A-R 100.00 6.25000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 5,605,000.00 6.25000% 999.14382159 5.20387333 0.00000000 0.00000000 B-2 2,202,000.00 6.25000% 999.14382380 5.20387375 0.00000000 0.00000000 B-3 1,601,000.00 6.25000% 999.14382261 5.20387258 0.00000000 0.00000000 B-4 600,000.00 6.25000% 999.14381667 5.20386667 0.00000000 0.00000000 B-5 800,000.00 6.25000% 999.14382500 5.20387500 0.00000000 0.00000000 B-6 604,541.17 6.25000% 999.14383002 5.20388049 0.00000000 0.00000000 (5) All classes are per $1000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1 0.00000000 0.00000000 5.18206112 0.00000000 975.93024538 A-2 0.00000000 0.00000000 5.18899700 0.00000000 982.18278400 A-3 0.00000000 0.00000000 5.17974917 0.00000000 973.84606583 A-4 0.00000000 0.00000000 5.20833350 0.00000000 1000.00000000 A-5 0.00000000 0.00000000 5.20833324 0.00000000 1000.00000000 A-6 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 A-7 0.00000000 0.00000000 5.20833333 0.00000000 1000.00000000 A-PO 0.00000000 0.00000000 0.00000000 0.00000000 998.06590438 A-R 0.00000000 0.00000000 680.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 5.20387333 0.00000000 998.28887957 B-2 0.00000000 0.00000000 5.20387375 0.00000000 998.28887829 B-3 0.00000000 0.00000000 5.20387258 0.00000000 998.28888195 B-4 0.00000000 0.00000000 5.20386667 0.00000000 998.28888333 B-5 0.00000000 0.00000000 5.20387500 0.00000000 998.28887500 B-6 0.00000000 0.00000000 5.20388049 0.00000000 998.28888411 (6) Amount Does Not Include Excess Special Hazard, Bankrupcy,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 6,983,032.27 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 299,754.09 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 7,282,786.36 Withdrawals Reimbursement for Servicer Advances 168,319.59 Payment of Service Fee 88,415.07 Payment of Interest and Principal 7,006,176.51 Total Withdrawals (Pool Distribution Amount) 7,262,911.17 Ending Balance 19,875.19

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 440.26 Servicing Fee Support 440.26 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00

SERVICING FEES Gross Servicing Fee 83,201.30 Master Servicing Fee 5,654.03 Supported Prepayment/Curtailment Interest Shortfall 440.26 Net Servicing Fee 88,415.07

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Financial Guaranty 0.00 0.00 1,835.00 0.00 Reserve Fund 4,881.41 0.00 0.00 4,881.41 Reserve Fund 999.99 0.00 0.00 999.99

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 4 0 0 0 4 1,615,602.27 0.00 0.00 0.00 1,615,602.27 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 4 0 0 0 4 1,615,602.27 0.00 0.00 0.00 1,615,602.27 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.455581% 0.000000% 0.000000% 0.000000% 0.455581% 0.405577% 0.000000% 0.000000% 0.000000% 0.405577% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.455581% 0.000000% 0.000000% 0.000000% 0.455581% 0.405577% 0.000000% 0.000000% 0.000000% 0.405577%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 114,393.98

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 11,412,541.17 2.85014502% 11,393,012.94 2.89032321% 97.108961% 100.000000% Class B-1 5,807,541.17 1.45036362% 5,797,603.77 1.47080924% 1.419865% 0.000000% Class B-2 3,605,541.17 0.90044058% 3,599,371.66 0.91313400% 0.557813% 0.000000% Class B-3 2,004,541.17 0.50061007% 2,001,111.16 0.50766712% 0.405567% 0.000000% Class B-4 1,404,541.17 0.35076728% 1,402,137.83 0.35571201% 0.151993% 0.000000% Class B-5 604,541.17 0.15097689% 603,506.73 0.15310520% 0.202657% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.153143% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 6.950629% Weighted Average Pass-Through Rate 6.250000% Weighted Average Maturity(Stepdown Calculation ) 355 Beginning Scheduled Collateral Loan Count 887 Number Of Loans Paid In Full 9 Ending Scheduled Collateral Loan Count 878 Beginning Scheduled Collateral Balance 399,105,758.44 Ending Scheduled Collateral Balance 394,177,817.37 Ending Actual Collateral Balance at 30-Jun-2002 398,346,469.67 Ending Scheduled Balance For Wells Fargo Serviced 389,583,820.42 Ending Scheduled Balance For Other Servicers 4,593,996.95 Monthly P &I Constant 2,512,259.96 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 6,935,033.08 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 379,925,457.11 Ending scheduled Balance For discounted Loans 14,252,360.26 Scheduled Principal 341,513.20 Unscheduled Principal 4,586,427.87 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 384,610,642.95 Greater Than 80%, less than or equal to 85% 4,050,215.38 Greater than 85%, less than or equal to 95% 5,518,551.31 Greater than 95% 0.00

Filing Compare · WELLS FARGO MORTGAGE BACKED SECURITIES 2002 9 TRUST