8-K 1 we710614_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: March 28, 2003 ----------------------------------- (Date of earliest event reported) Commission File No. 333-98129 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 March 28, 2003, Wells Fargo Asset Securities Corporation, a Delaware corporation (the "Registrant"), sold Mortgage Pass-Through Certificates, Series 2003-3, Class I-A-1, Class I-A-2, Class I-A-3, Class I-A-4, Class I-A-5, Class I-A-6, Class I-A-7, Class I-A-8, Class I-A-9, Class I-A-10, Class I-A-11, Class I-A-12, Class I-A-13, Class I-A-14, Class I-A-15, Class I-A-16, Class I-A-17, Class I-A-18, Class I-A-19, Class I-A-20, Class I-A-21, Class I-A-22, Class I-A-23, Class I-A-24, Class I-A-R, Class I-A-LR, Class II-A-1, Class A-PO, Class I-B-1, Class I-B-2, Class I-B-3, Class II-B-1, Class II-B-2 and Class II-B-3 (the "Offered Certificates"), having an aggregate original principal balance of $997,651,086.00. The Offered Certificates were issued pursuant to a Pooling and Servicing Agreement, dated as of March 28, 2003, 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 2003-3, Class I-B-4, Class I-B-5, Class I-B-6, Class II-B-4, Class II-B-5 and Class II-B-6 Certificates, having an aggregate initial principal balance of $3,756,080.19 (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 99.62% undivided interest in a trust fund (the "Trust Estate"), consisting principally of two pools 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. Some of the Mortgage Loans in the second pool were originated in connection with the relocation of employees by various corporate employers that participated in the relocation program of Wells Fargo Home Mortgage, Inc. and of employees of various non-participant employees. 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 Amounts are sufficient therefor. Elections will be made to treat the Trust Estate as two REMICs for federal income tax purposes (the "Upper-Tier REMIC" and "Lower-Tier REMIC," and each, a "REMIC"). The Class I-A-1, Class I-A-2, Class I-A-3, Class I-A-4, Class I-A-5, Class I-A-6, Class I-A-7, Class I-A-8, Class I-A-9, Class I-A-10, Class I-A-11, Class I-A-12, Class I-A-13, Class I-A-14, Class I-A-15, Class I-A-16, Class I-A-17, Class I-A-18, Class I-A-19, Class I-A-20, Class I-A-21, Class I-A-22, Class I-A-23, Class I-A-24, Class I-A-R, Class I-A-LR, Class II-A-1, Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, Class II-B-1, Class II-B-2, Class II-B-3, Class II-B-4, Class II-B-5 and Class II-B-6 Certificates and each Component will be treated as "regular interests" in the Upper-Tier REMIC and the Class I-A-R and Class I-A-LR Certificates will be treated as the "residual interests" in the Upper-Tier REMIC and Lower-Tier REMIC, respectively. 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 March 28, 2003, 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 March 28, 2003 /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, E dated as of March 28, 2003 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: 4/30/03 Distribution Date: 5/27/03 WFMBS Series: 2003-3 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-PO 949774BD4 PO 0.00000% 2,993,230.25 0.00 11,124.93 I-A-1 949774AA1 SEQ 5.50000% 44,560,546.00 204,235.84 0.00 I-A-2 949774AB9 SEQ 5.50000% 109,496,477.83 501,858.86 4,474,033.36 I-A-3 949774AC7 SEQ 5.50000% 15,177,000.00 69,561.25 0.00 I-A-4 949774AD5 SEQ 5.50000% 12,522,000.00 57,392.50 0.00 I-A-5 949774AE3 SEQ 1.90500% 39,464,715.19 62,650.24 1,214,109.73 I-A-6 949774AF0 SEQ 6.59500% 0.00 216,891.50 0.00 I-A-7 949774AG8 SEQ 5.25000% 2,750,000.00 12,031.25 0.00 I-A-8 949774AH6 SEQ 5.75000% 2,750,000.00 13,177.08 0.00 I-A-9 949774AJ2 SEQ 5.50000% 3,500,000.00 16,041.67 0.00 I-A-10 949774AK9 SEQ 5.50000% 2,500,000.00 11,458.33 0.00 I-A-11 949774AL7 SEQ 5.50000% 3,000,000.00 13,750.00 0.00 I-A-12 949774AM5 SEQ 5.50000% 3,000,000.00 13,750.00 0.00 I-A-13 949774AN3 SEQ 5.50000% 2,500,000.00 11,458.33 0.00 I-A-14 949774AP8 SEQ 5.25000% 2,000,000.00 8,750.00 0.00 I-A-15 949774AQ6 SEQ 5.75000% 2,000,000.00 9,583.33 0.00 I-A-16 949774AR4 SEQ 5.25000% 2,000,000.00 8,750.00 0.00 I-A-17 949774AS2 SEQ 5.75000% 2,000,000.00 9,583.33 0.00 I-A-18 949774AT0 SEQ 5.25000% 3,500,000.00 15,312.50 0.00 I-A-19 949774AU7 SEQ 5.50000% 1,750,000.00 8,020.83 0.00 I-A-20 949774AV5 SEQ 6.00000% 1,750,000.00 8,750.00 0.00 I-A-21 949774AW3 SEQ 5.25000% 96,603,006.00 422,638.15 3,947,205.24 I-A-22 949774AX1 SEQ 5.00000% 96,603,006.00 402,512.52 3,947,205.24 I-A-23 949774AY9 SEQ 1.80500% 24,149,785.47 36,325.30 986,761.84 I-A-24 949774AZ6 SEQ 6.69500% 0.00 134,735.68 0.00 I-A-R 949774BA0 RES 5.75000% 0.00 0.00 0.00 I-A-LR 949774BB8 RES 5.75000% 0.00 16.47 0.00 I-B-1 949774BE2 SUB 5.75000% 7,250,929.90 34,744.04 7,085.41 I-B-2 949774BF9 SUB 5.75000% 2,001,048.85 9,588.36 1,955.37 I-B-3 949774BG7 SUB 5.75000% 1,750,293.36 8,386.82 1,710.34 I-B-4 949774BP7 SUB 5.75000% 1,000,024.91 4,791.79 977.20 I-B-5 949774BQ5 SUB 5.75000% 750,268.44 3,595.04 733.14 I-B-6 949774BR3 SUB 5.75000% 750,516.39 3,596.22 733.38 II-A-1 949774BC6 SEQ 5.25000% 472,103,844.52 2,065,413.03 20,126,750.42 II-B-1 949774BH5 SUB 5.25000% 2,993,468.08 13,096.16 10,590.39 II-B-2 949774BJ1 SUB 5.25000% 749,363.52 3,278.40 2,651.12 II-B-3 949774BK8 SUB 5.25000% 997,490.53 4,363.93 3,528.95 II-B-4 949774BS1 SUB 5.25000% 499,243.51 2,184.15 1,766.24 II-B-5 949774BT9 SUB 5.25000% 250,120.00 1,094.25 884.88 II-B-6 949774BU6 SUB 5.25000% 499,076.16 2,183.41 1,765.47 Totals 968,165,454.91 4,425,550.56 34,741,572.65

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-PO 0.00 2,982,105.33 11,124.93 0.00 I-A-1 0.00 44,560,546.00 204,235.84 0.00 I-A-2 0.00 105,022,444.47 4,975,892.22 0.00 I-A-3 0.00 15,177,000.00 69,561.25 0.00 I-A-4 0.00 12,522,000.00 57,392.50 0.00 I-A-5 0.00 38,250,605.46 1,276,759.97 0.00 I-A-6 0.00 0.00 216,891.50 0.00 I-A-7 0.00 2,750,000.00 12,031.25 0.00 I-A-8 0.00 2,750,000.00 13,177.08 0.00 I-A-9 0.00 3,500,000.00 16,041.67 0.00 I-A-10 0.00 2,500,000.00 11,458.33 0.00 I-A-11 0.00 3,000,000.00 13,750.00 0.00 I-A-12 0.00 3,000,000.00 13,750.00 0.00 I-A-13 0.00 2,500,000.00 11,458.33 0.00 I-A-14 0.00 2,000,000.00 8,750.00 0.00 I-A-15 0.00 2,000,000.00 9,583.33 0.00 I-A-16 0.00 2,000,000.00 8,750.00 0.00 I-A-17 0.00 2,000,000.00 9,583.33 0.00 I-A-18 0.00 3,500,000.00 15,312.50 0.00 I-A-19 0.00 1,750,000.00 8,020.83 0.00 I-A-20 0.00 1,750,000.00 8,750.00 0.00 I-A-21 0.00 92,655,800.76 4,369,843.39 0.00 I-A-22 0.00 92,655,800.76 4,349,717.76 0.00 I-A-23 0.00 23,163,023.63 1,023,087.14 0.00 I-A-24 0.00 0.00 134,735.68 0.00 I-A-R 0.00 0.00 0.00 0.00 I-A-LR 0.00 0.00 16.47 0.00 I-B-1 0.00 7,243,844.49 41,829.45 0.00 I-B-2 0.00 1,999,093.48 11,543.73 0.00 I-B-3 0.00 1,748,583.02 10,097.16 0.00 I-B-4 0.00 999,047.72 5,768.99 0.00 I-B-5 0.00 749,535.30 4,328.18 0.00 I-B-6 0.00 749,783.01 4,329.60 0.00 II-A-1 0.00 451,977,094.10 22,192,163.45 0.00 II-B-1 0.00 2,982,877.70 23,686.55 0.00 II-B-2 0.00 746,712.39 5,929.52 0.00 II-B-3 0.00 993,961.58 7,892.88 0.00 II-B-4 0.00 497,477.27 3,950.39 0.00 II-B-5 0.00 249,235.12 1,979.13 0.00 II-B-6 0.19 497,310.50 3,948.88 4.10 Totals 0.19 933,423,882.09 39,167,123.21 4.10 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-PO 3,009,039.32 2,993,230.25 8,677.86 2,447.06 0.00 0.00 I-A-1 44,560,546.00 44,560,546.00 0.00 0.00 0.00 0.00 I-A-2 113,346,864.00 109,496,477.83 142,109.00 4,331,924.35 0.00 0.00 I-A-3 15,177,000.00 15,177,000.00 0.00 0.00 0.00 0.00 I-A-4 12,522,000.00 12,522,000.00 0.00 0.00 0.00 0.00 I-A-5 40,509,587.00 39,464,715.19 38,563.84 1,175,545.89 0.00 0.00 I-A-6 0.00 0.00 0.00 0.00 0.00 0.00 I-A-7 2,750,000.00 2,750,000.00 0.00 0.00 0.00 0.00 I-A-8 2,750,000.00 2,750,000.00 0.00 0.00 0.00 0.00 I-A-9 3,500,000.00 3,500,000.00 0.00 0.00 0.00 0.00 I-A-10 2,500,000.00 2,500,000.00 0.00 0.00 0.00 0.00 I-A-11 3,000,000.00 3,000,000.00 0.00 0.00 0.00 0.00 I-A-12 3,000,000.00 3,000,000.00 0.00 0.00 0.00 0.00 I-A-13 2,500,000.00 2,500,000.00 0.00 0.00 0.00 0.00 I-A-14 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00 I-A-15 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00 I-A-16 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00 I-A-17 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00 I-A-18 3,500,000.00 3,500,000.00 0.00 0.00 0.00 0.00 I-A-19 1,750,000.00 1,750,000.00 0.00 0.00 0.00 0.00 I-A-20 1,750,000.00 1,750,000.00 0.00 0.00 0.00 0.00 I-A-21 100,000,000.00 96,603,006.00 125,375.33 3,821,829.91 0.00 0.00 I-A-22 100,000,000.00 96,603,006.00 125,375.33 3,821,829.91 0.00 0.00 I-A-23 24,999,000.00 24,149,785.47 31,342.58 955,419.26 0.00 0.00 I-A-24 0.00 0.00 0.00 0.00 0.00 0.00 I-A-R 25.00 0.00 0.00 0.00 0.00 0.00 I-A-LR 25.00 0.00 0.00 0.00 0.00 0.00 I-B-1 7,258,000.00 7,250,929.90 7,085.41 0.00 0.00 0.00 I-B-2 2,003,000.00 2,001,048.85 1,955.37 0.00 0.00 0.00 I-B-3 1,752,000.00 1,750,293.36 1,710.34 0.00 0.00 0.00 I-B-4 1,001,000.00 1,000,024.91 977.20 0.00 0.00 0.00 I-B-5 751,000.00 750,268.44 733.14 0.00 0.00 0.00 I-B-6 751,248.19 750,516.39 733.38 0.00 0.00 0.00 II-A-1 492,757,000.00 472,103,844.52 1,670,224.28 18,456,526.14 0.00 0.00 II-B-1 3,004,000.00 2,993,468.08 10,590.39 0.00 0.00 0.00 II-B-2 752,000.00 749,363.52 2,651.12 0.00 0.00 0.00 II-B-3 1,001,000.00 997,490.53 3,528.95 0.00 0.00 0.00 II-B-4 501,000.00 499,243.51 1,766.24 0.00 0.00 0.00 II-B-5 251,000.00 250,120.00 884.88 0.00 0.00 0.00 II-B-6 500,832.05 499,076.16 1,765.47 0.00 0.00 0.19 Totals 1,001,407,166.56 968,165,454.91 2,176,050.11 32,565,522.52 0.00 0.19 (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-PO 11,124.93 2,982,105.33 0.99104897 11,124.93 I-A-1 0.00 44,560,546.00 1.00000000 0.00 I-A-2 4,474,033.36 105,022,444.47 0.92655801 4,474,033.36 I-A-3 0.00 15,177,000.00 1.00000000 0.00 I-A-4 0.00 12,522,000.00 1.00000000 0.00 I-A-5 1,214,109.73 38,250,605.46 0.94423588 1,214,109.73 I-A-6 0.00 0.00 0.00000000 0.00 I-A-7 0.00 2,750,000.00 1.00000000 0.00 I-A-8 0.00 2,750,000.00 1.00000000 0.00 I-A-9 0.00 3,500,000.00 1.00000000 0.00 I-A-10 0.00 2,500,000.00 1.00000000 0.00 I-A-11 0.00 3,000,000.00 1.00000000 0.00 I-A-12 0.00 3,000,000.00 1.00000000 0.00 I-A-13 0.00 2,500,000.00 1.00000000 0.00 I-A-14 0.00 2,000,000.00 1.00000000 0.00 I-A-15 0.00 2,000,000.00 1.00000000 0.00 I-A-16 0.00 2,000,000.00 1.00000000 0.00 I-A-17 0.00 2,000,000.00 1.00000000 0.00 I-A-18 0.00 3,500,000.00 1.00000000 0.00 I-A-19 0.00 1,750,000.00 1.00000000 0.00 I-A-20 0.00 1,750,000.00 1.00000000 0.00 I-A-21 3,947,205.24 92,655,800.76 0.92655801 3,947,205.24 I-A-22 3,947,205.24 92,655,800.76 0.92655801 3,947,205.24 I-A-23 986,761.84 23,163,023.63 0.92655801 986,761.84 I-A-24 0.00 0.00 0.00000000 0.00 I-A-R 0.00 0.00 0.00000000 0.00 I-A-LR 0.00 0.00 0.00000000 0.00 I-B-1 7,085.41 7,243,844.49 0.99804967 7,085.41 I-B-2 1,955.37 1,999,093.48 0.99804967 1,955.37 I-B-3 1,710.34 1,748,583.02 0.99804967 1,710.34 I-B-4 977.20 999,047.72 0.99804967 977.20 I-B-5 733.14 749,535.30 0.99804967 733.14 I-B-6 733.38 749,783.01 0.99804967 733.38 II-A-1 20,126,750.42 451,977,094.10 0.91724135 20,126,750.42 II-B-1 10,590.39 2,982,877.70 0.99296861 10,590.39 II-B-2 2,651.12 746,712.39 0.99296860 2,651.12 II-B-3 3,528.95 993,961.58 0.99296861 3,528.95 II-B-4 1,766.24 497,477.27 0.99296860 1,766.24 II-B-5 884.88 249,235.12 0.99296861 884.88 II-B-6 1,765.66 497,310.50 0.99296860 1,765.47 Totals 34,741,572.84 933,423,882.09 0.93211224 34,741,572.65

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-PO 3,009,039.32 994.74614044 2.88393041 0.81323630 0.00000000 I-A-1 44,560,546.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-2 113,346,864.00 966.03005999 1.25375326 38.21829910 0.00000000 I-A-3 15,177,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-4 12,522,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-5 40,509,587.00 974.20680171 0.95196823 29.01895519 0.00000000 I-A-6 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-7 2,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-8 2,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-9 3,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-10 2,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-11 3,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-12 3,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-13 2,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-14 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-15 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-16 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-17 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-18 3,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-19 1,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-20 1,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-21 100,000,000.00 966.03006000 1.25375330 38.21829910 0.00000000 I-A-22 100,000,000.00 966.03006000 1.25375330 38.21829910 0.00000000 I-A-23 24,999,000.00 966.03006000 1.25375335 38.21829913 0.00000000 I-A-24 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-R 25.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 25.00 0.00000000 0.00000000 0.00000000 0.00000000 I-B-1 7,258,000.00 999.02588867 0.97622072 0.00000000 0.00000000 I-B-2 2,003,000.00 999.02588617 0.97622067 0.00000000 0.00000000 I-B-3 1,752,000.00 999.02589041 0.97622146 0.00000000 0.00000000 I-B-4 1,001,000.00 999.02588412 0.97622378 0.00000000 0.00000000 I-B-5 751,000.00 999.02588549 0.97621838 0.00000000 0.00000000 I-B-6 751,248.19 999.02588784 0.97621533 0.00000000 0.00000000 II-A-1 492,757,000.00 958.08653052 3.38954958 37.45563460 0.00000000 II-B-1 3,004,000.00 996.49403462 3.52542943 0.00000000 0.00000000 II-B-2 752,000.00 996.49404255 3.52542553 0.00000000 0.00000000 II-B-3 1,001,000.00 996.49403596 3.52542458 0.00000000 0.00000000 II-B-4 501,000.00 996.49403194 3.52542914 0.00000000 0.00000000 II-B-5 251,000.00 996.49402390 3.52541833 0.00000000 0.00000000 II-B-6 500,832.05 996.49405424 3.52507392 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-PO 0.00000000 3.69717003 991.04897373 0.99104897 3.69717003 I-A-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-2 0.00000000 39.47205244 926.55800755 0.92655801 39.47205244 I-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-5 0.00000000 29.97092343 944.23587829 0.94423588 29.97092343 I-A-6 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-12 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-13 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-14 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-15 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-16 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-17 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-18 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-19 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-20 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-21 0.00000000 39.47205240 926.55800760 0.92655801 39.47205240 I-A-22 0.00000000 39.47205240 926.55800760 0.92655801 39.47205240 I-A-23 0.00000000 39.47205248 926.55800752 0.92655801 39.47205248 I-A-24 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-B-1 0.00000000 0.97622072 998.04966795 0.99804967 0.97622072 I-B-2 0.00000000 0.97622067 998.04966550 0.99804967 0.97622067 I-B-3 0.00000000 0.97622146 998.04966895 0.99804967 0.97622146 I-B-4 0.00000000 0.97622378 998.04967033 0.99804967 0.97622378 I-B-5 0.00000000 0.97621838 998.04966711 0.99804967 0.97621838 I-B-6 0.00000000 0.97621533 998.04967251 0.99804967 0.97621533 II-A-1 0.00000000 40.84518418 917.24134634 0.91724135 40.84518418 II-B-1 0.00000000 3.52542943 992.96860852 0.99296861 3.52542943 II-B-2 0.00000000 3.52542553 992.96860372 0.99296860 3.52542553 II-B-3 0.00000000 3.52542458 992.96861139 0.99296861 3.52542458 II-B-4 0.00000000 3.52542914 992.96860279 0.99296860 3.52542914 II-B-5 0.00000000 3.52541833 992.96860558 0.99296861 3.52541833 II-B-6 0.00037937 3.52545329 992.96860095 0.99296860 3.52507392 (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-PO 3,009,039.32 0.00000% 2,993,230.25 0.00 0.00 0.00 I-A-1 44,560,546.00 5.50000% 44,560,546.00 204,235.84 0.00 0.00 I-A-2 113,346,864.00 5.50000% 109,496,477.83 501,858.86 0.00 0.00 I-A-3 15,177,000.00 5.50000% 15,177,000.00 69,561.25 0.00 0.00 I-A-4 12,522,000.00 5.50000% 12,522,000.00 57,392.50 0.00 0.00 I-A-5 40,509,587.00 1.90500% 39,464,715.19 62,650.24 0.00 0.00 I-A-6 0.00 6.59500% 39,464,715.19 216,891.50 0.00 0.00 I-A-7 2,750,000.00 5.25000% 2,750,000.00 12,031.25 0.00 0.00 I-A-8 2,750,000.00 5.75000% 2,750,000.00 13,177.08 0.00 0.00 I-A-9 3,500,000.00 5.50000% 3,500,000.00 16,041.67 0.00 0.00 I-A-10 2,500,000.00 5.50000% 2,500,000.00 11,458.33 0.00 0.00 I-A-11 3,000,000.00 5.50000% 3,000,000.00 13,750.00 0.00 0.00 I-A-12 3,000,000.00 5.50000% 3,000,000.00 13,750.00 0.00 0.00 I-A-13 2,500,000.00 5.50000% 2,500,000.00 11,458.33 0.00 0.00 I-A-14 2,000,000.00 5.25000% 2,000,000.00 8,750.00 0.00 0.00 I-A-15 2,000,000.00 5.75000% 2,000,000.00 9,583.33 0.00 0.00 I-A-16 2,000,000.00 5.25000% 2,000,000.00 8,750.00 0.00 0.00 I-A-17 2,000,000.00 5.75000% 2,000,000.00 9,583.33 0.00 0.00 I-A-18 3,500,000.00 5.25000% 3,500,000.00 15,312.50 0.00 0.00 I-A-19 1,750,000.00 5.50000% 1,750,000.00 8,020.83 0.00 0.00 I-A-20 1,750,000.00 6.00000% 1,750,000.00 8,750.00 0.00 0.00 I-A-21 100,000,000.00 5.25000% 96,603,006.00 422,638.15 0.00 0.00 I-A-22 100,000,000.00 5.00000% 96,603,006.00 402,512.52 0.00 0.00 I-A-23 24,999,000.00 1.80500% 24,149,785.47 36,325.30 0.00 0.00 I-A-24 0.00 6.69500% 24,149,785.47 134,735.68 0.00 0.00 I-A-R 25.00 5.75000% 0.00 0.00 0.00 0.00 I-A-LR 25.00 5.75000% 0.00 0.00 0.00 0.00 I-B-1 7,258,000.00 5.75000% 7,250,929.90 34,744.04 0.00 0.00 I-B-2 2,003,000.00 5.75000% 2,001,048.85 9,588.36 0.00 0.00 I-B-3 1,752,000.00 5.75000% 1,750,293.36 8,386.82 0.00 0.00 I-B-4 1,001,000.00 5.75000% 1,000,024.91 4,791.79 0.00 0.00 I-B-5 751,000.00 5.75000% 750,268.44 3,595.04 0.00 0.00 I-B-6 751,248.19 5.75000% 750,516.39 3,596.22 0.00 0.00 II-A-1 492,757,000.00 5.25000% 472,103,844.52 2,065,454.32 0.00 0.00 II-B-1 3,004,000.00 5.25000% 2,993,468.08 13,096.42 0.00 0.00 II-B-2 752,000.00 5.25000% 749,363.52 3,278.47 0.00 0.00 II-B-3 1,001,000.00 5.25000% 997,490.53 4,364.02 0.00 0.00 II-B-4 501,000.00 5.25000% 499,243.51 2,184.19 0.00 0.00 II-B-5 251,000.00 5.25000% 250,120.00 1,094.28 0.00 0.00 II-B-6 500,832.05 5.25000% 499,076.16 2,183.46 0.00 0.00 Totals 1,001,407,166.56 4,425,575.92 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-PO 0.00 0.00 0.00 0.00 2,982,105.33 I-A-1 0.00 0.00 204,235.84 0.00 44,560,546.00 I-A-2 0.00 0.00 501,858.86 0.00 105,022,444.47 I-A-3 0.00 0.00 69,561.25 0.00 15,177,000.00 I-A-4 0.00 0.00 57,392.50 0.00 12,522,000.00 I-A-5 0.00 0.00 62,650.24 0.00 38,250,605.46 I-A-6 0.00 0.00 216,891.50 0.00 38,250,605.46 I-A-7 0.00 0.00 12,031.25 0.00 2,750,000.00 I-A-8 0.00 0.00 13,177.08 0.00 2,750,000.00 I-A-9 0.00 0.00 16,041.67 0.00 3,500,000.00 I-A-10 0.00 0.00 11,458.33 0.00 2,500,000.00 I-A-11 0.00 0.00 13,750.00 0.00 3,000,000.00 I-A-12 0.00 0.00 13,750.00 0.00 3,000,000.00 I-A-13 0.00 0.00 11,458.33 0.00 2,500,000.00 I-A-14 0.00 0.00 8,750.00 0.00 2,000,000.00 I-A-15 0.00 0.00 9,583.33 0.00 2,000,000.00 I-A-16 0.00 0.00 8,750.00 0.00 2,000,000.00 I-A-17 0.00 0.00 9,583.33 0.00 2,000,000.00 I-A-18 0.00 0.00 15,312.50 0.00 3,500,000.00 I-A-19 0.00 0.00 8,020.83 0.00 1,750,000.00 I-A-20 0.00 0.00 8,750.00 0.00 1,750,000.00 I-A-21 0.00 0.00 422,638.15 0.00 92,655,800.76 I-A-22 0.00 0.00 402,512.52 0.00 92,655,800.76 I-A-23 0.00 0.00 36,325.30 0.00 23,163,023.63 I-A-24 0.00 0.00 134,735.68 0.00 23,163,023.63 I-A-R 0.00 0.00 0.00 0.00 0.00 I-A-LR 0.00 0.00 16.47 0.00 0.00 I-B-1 0.00 0.00 34,744.04 0.00 7,243,844.49 I-B-2 0.00 0.00 9,588.36 0.00 1,999,093.48 I-B-3 0.00 0.00 8,386.82 0.00 1,748,583.02 I-B-4 0.00 0.00 4,791.79 0.00 999,047.72 I-B-5 0.00 0.00 3,595.04 0.00 749,535.30 I-B-6 0.00 0.00 3,596.22 0.00 749,783.01 II-A-1 41.29 0.00 2,065,413.03 0.00 451,977,094.10 II-B-1 0.26 0.00 13,096.16 0.00 2,982,877.70 II-B-2 0.07 0.00 3,278.40 0.00 746,712.39 II-B-3 0.09 0.00 4,363.93 0.00 993,961.58 II-B-4 0.04 0.00 2,184.15 0.00 497,477.27 II-B-5 0.02 0.00 1,094.25 0.00 249,235.12 II-B-6 0.04 0.00 2,183.41 0.00 497,310.50 Totals 41.81 0.00 4,425,550.56 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-PO 3,009,039.32 0.00000% 994.74614044 0.00000000 0.00000000 0.00000000 I-A-1 44,560,546.00 5.50000% 1000.00000000 4.58333343 0.00000000 0.00000000 I-A-2 113,346,864.00 5.50000% 966.03005999 4.42763780 0.00000000 0.00000000 I-A-3 15,177,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 I-A-4 12,522,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 I-A-5 40,509,587.00 1.90500% 974.20680171 1.54655341 0.00000000 0.00000000 I-A-6 0.00 6.59500% 974.20680171 5.35407828 0.00000000 0.00000000 I-A-7 2,750,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 I-A-8 2,750,000.00 5.75000% 1000.00000000 4.79166545 0.00000000 0.00000000 I-A-9 3,500,000.00 5.50000% 1000.00000000 4.58333429 0.00000000 0.00000000 I-A-10 2,500,000.00 5.50000% 1000.00000000 4.58333200 0.00000000 0.00000000 I-A-11 3,000,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 I-A-12 3,000,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 I-A-13 2,500,000.00 5.50000% 1000.00000000 4.58333200 0.00000000 0.00000000 I-A-14 2,000,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 I-A-15 2,000,000.00 5.75000% 1000.00000000 4.79166500 0.00000000 0.00000000 I-A-16 2,000,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 I-A-17 2,000,000.00 5.75000% 1000.00000000 4.79166500 0.00000000 0.00000000 I-A-18 3,500,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 I-A-19 1,750,000.00 5.50000% 1000.00000000 4.58333143 0.00000000 0.00000000 I-A-20 1,750,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 I-A-21 100,000,000.00 5.25000% 966.03006000 4.22638150 0.00000000 0.00000000 I-A-22 100,000,000.00 5.00000% 966.03006000 4.02512520 0.00000000 0.00000000 I-A-23 24,999,000.00 1.80500% 966.03006000 1.45307012 0.00000000 0.00000000 I-A-24 0.00 6.69500% 966.03006000 5.38964279 0.00000000 0.00000000 I-A-R 25.00 5.75000% 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 25.00 5.75000% 0.00000000 0.00000000 0.00000000 0.00000000 I-B-1 7,258,000.00 5.75000% 999.02588867 4.78699917 0.00000000 0.00000000 I-B-2 2,003,000.00 5.75000% 999.02588617 4.78699950 0.00000000 0.00000000 I-B-3 1,752,000.00 5.75000% 999.02589041 4.78699772 0.00000000 0.00000000 I-B-4 1,001,000.00 5.75000% 999.02588412 4.78700300 0.00000000 0.00000000 I-B-5 751,000.00 5.75000% 999.02588549 4.78700399 0.00000000 0.00000000 I-B-6 751,248.19 5.75000% 999.02588784 4.78699323 0.00000000 0.00000000 II-A-1 492,757,000.00 5.25000% 958.08653052 4.19162857 0.00000000 0.00000000 II-B-1 3,004,000.00 5.25000% 996.49403462 4.35966045 0.00000000 0.00000000 II-B-2 752,000.00 5.25000% 996.49404255 4.35966755 0.00000000 0.00000000 II-B-3 1,001,000.00 5.25000% 996.49403596 4.35966034 0.00000000 0.00000000 II-B-4 501,000.00 5.25000% 996.49403194 4.35966068 0.00000000 0.00000000 II-B-5 251,000.00 5.25000% 996.49402390 4.35968127 0.00000000 0.00000000 II-B-6 500,832.05 5.25000% 996.49405424 4.35966508 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-PO 0.00000000 0.00000000 0.00000000 0.00000000 991.04897373 I-A-1 0.00000000 0.00000000 4.58333343 0.00000000 1000.00000000 I-A-2 0.00000000 0.00000000 4.42763780 0.00000000 926.55800755 I-A-3 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000 I-A-4 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000 I-A-5 0.00000000 0.00000000 1.54655341 0.00000000 944.23587829 I-A-6 0.00000000 0.00000000 5.35407828 0.00000000 944.23587829 I-A-7 0.00000000 0.00000000 4.37500000 0.00000000 1000.00000000 I-A-8 0.00000000 0.00000000 4.79166545 0.00000000 1000.00000000 I-A-9 0.00000000 0.00000000 4.58333429 0.00000000 1000.00000000 I-A-10 0.00000000 0.00000000 4.58333200 0.00000000 1000.00000000 I-A-11 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000 I-A-12 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000 I-A-13 0.00000000 0.00000000 4.58333200 0.00000000 1000.00000000 I-A-14 0.00000000 0.00000000 4.37500000 0.00000000 1000.00000000 I-A-15 0.00000000 0.00000000 4.79166500 0.00000000 1000.00000000 I-A-16 0.00000000 0.00000000 4.37500000 0.00000000 1000.00000000 I-A-17 0.00000000 0.00000000 4.79166500 0.00000000 1000.00000000 I-A-18 0.00000000 0.00000000 4.37500000 0.00000000 1000.00000000 I-A-19 0.00000000 0.00000000 4.58333143 0.00000000 1000.00000000 I-A-20 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 I-A-21 0.00000000 0.00000000 4.22638150 0.00000000 926.55800760 I-A-22 0.00000000 0.00000000 4.02512520 0.00000000 926.55800760 I-A-23 0.00000000 0.00000000 1.45307012 0.00000000 926.55800752 I-A-24 0.00000000 0.00000000 5.38964279 0.00000000 926.55800752 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 0.00000000 0.00000000 658.80000000 0.00000000 0.00000000 I-B-1 0.00000000 0.00000000 4.78699917 0.00000000 998.04966795 I-B-2 0.00000000 0.00000000 4.78699950 0.00000000 998.04966550 I-B-3 0.00000000 0.00000000 4.78699772 0.00000000 998.04966895 I-B-4 0.00000000 0.00000000 4.78700300 0.00000000 998.04967033 I-B-5 0.00000000 0.00000000 4.78700399 0.00000000 998.04966711 I-B-6 0.00000000 0.00000000 4.78699323 0.00000000 998.04967251 II-A-1 0.00008379 0.00000000 4.19154478 0.00000000 917.24134634 II-B-1 0.00008655 0.00000000 4.35957390 0.00000000 992.96860852 II-B-2 0.00009309 0.00000000 4.35957447 0.00000000 992.96860372 II-B-3 0.00008991 0.00000000 4.35957043 0.00000000 992.96861139 II-B-4 0.00007984 0.00000000 4.35958084 0.00000000 992.96860279 II-B-5 0.00007968 0.00000000 4.35956175 0.00000000 992.96860558 II-B-6 0.00007987 0.00000000 4.35956525 0.00000000 992.96860095 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage A-PO-1 0.00000% 0.00 0.00 966,700.69 964,856.99 99.49037909% A-PO-2 0.00000% 0.00 0.00 2,026,529.56 2,017,248.33 98.92157374%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 61,420.69 Deposits Payments of Interest and Principal 39,217,351.56 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 79,872.97 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 39,297,224.53 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 191,522.01 Payment of Interest and Principal 39,167,123.23 Total Withdrawals (Pool Distribution Amount) 39,358,645.24 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 18,286.77 Servicing Fee Support 18,244.96 Non-Supported Prepayment/Curtailment Interest Shortfall 41.81

SERVICING FEES Gross Servicing Fee 201,699.01 Master Servicing Fee 8,067.96 Supported Prepayment/Curtailment Interest Shortfall 18,244.96 Net Servicing Fee 191,522.01

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 1 0 0 1 130,951.21 0.00 0.00 130,951.21 30 Days 1 0 0 0 1 172,246.72 0.00 0.00 0.00 172,246.72 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 1 1 0 0 2 172,246.72 130,951.21 0.00 0.00 303,197.93 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 0.051653% 0.000000% 0.000000% 0.051653% 0.312366% 0.000000% 0.000000% 0.312366% 30 Days 0.051653% 0.000000% 0.000000% 0.000000% 0.051653% 0.410871% 0.000000% 0.000000% 0.000000% 0.410871% 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 0.051653% 0.051653% 0.000000% 0.000000% 0.103306% 0.410871% 0.312366% 0.000000% 0.000000% 0.723237%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 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 1 0 0 0 1 172,246.72 0.00 0.00 0.00 172,246.72 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 1 0 0 0 1 172,246.72 0.00 0.00 0.00 172,246.72 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.101215% 0.000000% 0.000000% 0.000000% 0.101215% 0.036361% 0.000000% 0.000000% 0.000000% 0.036361% 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 0.101215% 0.000000% 0.000000% 0.000000% 0.101215% 0.036361% 0.000000% 0.000000% 0.000000% 0.036361% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 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 1 0 0 1 130,951.21 0.00 0.00 130,951.21 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 1 0 0 1 0.00 130,951.21 0.00 0.00 130,951.21 0-29 Days 0.105485% 0.000000% 0.000000% 0.105485% 0.028362% 0.000000% 0.000000% 0.028362% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.105485% 0.000000% 0.000000% 0.105485% 0.000000% 0.028362% 0.000000% 0.000000% 0.028362%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 483,680.00

COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 5.967828% Weighted Average Pass-Through Rate 0.000000% Weighted Average Maturity(Stepdown Calculation ) 264 Beginning Scheduled Collateral Loan Count 2,004 Number Of Loans Paid In Full 68 Ending Scheduled Collateral Loan Count 1,936 Beginning Scheduled Collateral Balance 968,165,454.92 Ending Scheduled Collateral Balance 933,423,882.09 Ending Actual Collateral Balance at 30-Apr-2003 41,922,365.24 Ending Scheduled Balance For Wells Fargo Serviced 909,328,219.44 Ending Scheduled Balance For Other Servicers 24,095,662.65 Monthly P &I Constant 6,889,718.10 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Non-PO Optimal Amount 39,019,613.71 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 933,423,882.09 Scheduled Principal 2,176,050.31 Unscheduled Principal 32,565,522.52 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 922,208,456.08 Greater Than 80%, less than or equal to 85% 4,297,122.81 Greater than 85%, less than or equal to 95% 6,968,663.32 Greater than 95% 0.00

Group Level Collateral Statement Group 1 2 Total Collateral Description Fixed 30 Year Fixed 15 Year Mixed Fixed Weighted Average Coupon Rate 6.210861 5.720777 5.967828 Weighted Average Net Rate 5.738682 5.227873 5.485371 Weighted Average Maturity 353 175 264 Beginning Loan Count 1,020 984 2,004 Loans Paid In Full 32 36 68 Ending Loan Count 988 948 1,936 Beginning Scheduled Balance 488,046,319.04 480,119,135.88 968,165,454.92 Ending scheduled Balance 473,461,965.10 459,961,916.99 933,423,882.09 Record Date 04/30/2003 04/30/2003 04/30/2003 Principal And Interest Constant 2,929,818.75 3,959,899.35 6,889,718.10 Scheduled Principal 476,975.12 1,699,075.19 2,176,050.31 Unscheduled Principal 14,107,378.83 18,458,143.69 32,565,522.52 Scheduled Interest 2,439,692.62 2,195,649.95 4,635,342.57 Servicing Fees 101,676.19 100,022.82 201,699.01 Master Servicing Fees 4,067.05 4,000.91 8,067.96 Trustee Fee 0.00 0.00 0.00 FRY Amount 86,294.37 93,183.08 179,477.45 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 Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 2,247,655.01 1,998,443.14 4,246,098.15 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00

Filing Compare · WELLS FARGO ASSET SECURITIES CORP MORT PAS THR CERT SER 03 3