8-K 1 opt01003.txt NOVEMBER 8-K UNITED STATES 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 (Date of earliest event reported): November 26, 2001 OPTION ONE MORTGAGE LOAN TRUST Asset Backed Certificates, Series 2001-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-14625-09 Pooling and Servicing Agreement) (Commission (State or other File Number) Pending jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 11000 Broken Land Parkway Columbia, Maryland 21044 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 Former name or former address, if changed since last report) ITEM 5. Other Events On November 26, 2001 a distribution was made to holders of OPTION ONE MORTGAGE LOAN TRUST, Asset Backed Certificates, Series 2001-3 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2001-3 Trust, relating to the November 26, 2001 distribution. 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. OPTION ONE MORTGAGE LOAN TRUST Asset Backed Certificates, Series 2001-3 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield, Officer By: Beth Belfield, Officer Date: 12/3/01 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2001-3 Trust, relating to the November 26, 2001 distribution. EX-99.1

Option One Mortgage Loan Trust Mortgage Pass-Through Certificates Record Date: 910/3031/01 Distribution Date: 1011/2526/01 OOMC Series: 2001-3 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 68389FBS2 SEN 2.~~92125~~68000% ~~270~~269,~~372~~756,~~419~~852.5086 ~~658~~642,~~187~~620.8473 ~~615~~1,~~566~~158,917.6418 M1 68389FBT0 MEZ 32.~~19125~~95000% 9,750,000.00 25,~~928~~566.9167 0.00 M2 68389FBU7 MEZ 3.~~56125~~32000% 7,500,000.00 22,~~257~~133.8133 0.00 M3 68389FBV5 MEZ 4.~~37125~~13000% 6,750,000.00 24,~~588~~780.2800 0.00 C OPT01003C JUN 0.00000% 3,000,000.00 1,~~252~~263,~~630~~758.7583 0.00 P OPT01003P ~~PRE_PAY~~PRE_PA 0.00000% 100.00 016,870.0090 0.00 R1 OPT0103R1 RES 0.00000% 0.00 0.00 0.00 R2 OPT0103R2 RES 0.00000% 0.00 0.00 0.00 Totals ~~297~~296,~~372~~756,~~519~~952.5086 1,~~983~~995,~~593~~730.5946 ~~615~~1,~~566~~158,917.6418

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A 0.00 ~~269~~268,~~756~~597,~~852~~935.8668 1,~~273~~801,~~754~~537.4891 0.00 M1 0.00 9,750,000.00 25,~~928~~566.9167 0.00 M2 0.00 7,500,000.00 22,~~257~~133.8133 0.00 M3 0.00 6,750,000.00 24,~~588~~780.2800 0.00 C 0.00 3,000,000.00 1,~~252~~263,~~630~~758.7583 0.00 P 0.00 100.00 016,870.0090 0.00 R1 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 Totals 0.00 ~~296~~295,~~756~~598,~~952~~035.8668 23,~~599~~154,~~160~~647.2364 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 273,000,000.00 ~~270~~269,~~372~~756,~~419~~852.5086 0.00 ~~615~~1,~~566~~158,917.6418 0.00 0.00 M1 9,750,000.00 9,750,000.00 0.00 0.00 0.00 0.00 M2 7,500,000.00 7,500,000.00 0.00 0.00 0.00 0.00 M3 6,750,000.00 6,750,000.00 0.00 0.00 0.00 0.00 C 2,999,900.00 3,000,000.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R1 0.00 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 0.00 Totals 300,000,000.00 ~~297~~296,~~372~~756,~~519~~952.5086 0.00 ~~615~~1,~~566~~158,917.6418 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 ~~615~~1,~~566~~158,917.6418 ~~269~~268,~~756~~597,~~852~~935.8668 0.~~98812034~~98387522 ~~615~~1,~~566~~158,917.6418 M1 0.00 9,750,000.00 1.00000000 0.00 M2 0.00 7,500,000.00 1.00000000 0.00 M3 0.00 6,750,000.00 1.00000000 0.00 C 0.00 3,000,000.00 1.00003333 0.00 P 0.00 100.00 1.00000000 0.00 R1 0.00 0.00 0.00000000 0.00 R2 0.00 0.00 0.00000000 0.00 Totals ~~615~~1,~~566~~158,917.6418 ~~296~~295,~~756~~598,~~952~~035.8668 0.~~98918984~~98532679 ~~615~~1,~~566~~158,917.6418

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 273,000,000.00 ~~990~~988.~~37516300~~12034015 0.00000000 24.~~25482286~~24511788 0.00000000 M1 9,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 7,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 6,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 2,999,900.00 1000.03333444 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are 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 0.00000000 24.~~25482286~~24511788 ~~988~~983.~~12034015~~87522227 0.~~98812034~~98387522 24.~~25482286~~24511788 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.03333444 1.00003333 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 273,000,000.00 2.~~92125~~68000% ~~270~~269,~~372~~756,~~419~~852.5086 ~~658~~642,~~187~~620.8677 0.00 0.00 M1 9,750,000.00 32.~~19125~~95000% 9,750,000.00 25,~~928~~566.9167 0.00 0.00 M2 7,500,000.00 3.~~56125~~32000% 7,500,000.00 22,~~257~~133.8133 0.00 0.00 M3 6,750,000.00 4.~~37125~~13000% 6,750,000.00 24,~~588~~780.2800 0.00 0.00 C 2,999,900.00 0.00000% 3,000,000.00 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R1 0.00 0.00000% 0.00 0.00 0.00 0.00 R2 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 300,000,000.00 ~~730~~715,~~962~~100.8677 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 0.0204 0.00 ~~658~~642,~~187~~620.8473 0.00 ~~269~~268,~~756~~597,~~852~~935.8668 M1 0.00 0.00 25,~~928~~566.9167 0.00 9,750,000.00 M2 0.00 0.00 22,~~257~~133.8133 0.00 7,500,000.00 M3 0.00 0.00 24,~~588~~780.2800 0.00 6,750,000.00 C 0.00 0.00 1,~~252~~263,~~630~~758.7583 0.00 3,000,000.00 P 0.00 0.00 016,870.0090 0.00 100.00 R1 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 Totals 0.0204 0.00 1,~~983~~995,~~593~~730.5946 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~~Iterest ~~Shortfall~~hortfall Shortfall A 273,000,000.00 2.~~92125~~68000% ~~990~~988.~~37516300~~12034015 2.~~41094454~~35392223 0.00000000 0.00000000 M1 9,750,000.00 32.~~19125~~95000% 1000.00000000 2.~~65937538~~62222256 0.00000000 0.00000000 M2 7,500,000.00 3.~~56125~~32000% 1000.00000000 2.~~96770800~~95111067 0.00000000 0.00000000 M3 6,750,000.00 4.~~37125~~13000% 1000.00000000 3.~~64270815~~67111111 0.00000000 0.00000000 C 2,999,900.00 0.00000% 1000.03333444 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000% 0.00000000 0.00000000 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 0.~~00000007~~00000015 0.00000000 2.~~41094447~~35392209 0.00000000 ~~988~~983.~~12034015~~87522227 M1 0.00000000 0.00000000 2.~~65937538~~62222256 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.~~96770800~~95111067 0.00000000 1000.00000000 M3 0.00000000 0.00000000 3.~~64270815~~67111111 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~417~~421.~~55750192~~26698557 0.00000000 1000.03333444 P 0.00000000 0.00000000 0168709.00000000 0.00000000 1000.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 23,~~884~~422,~~729~~669.9896 Liquidations, Insurance Proceeds, Reserve Funds 2.5414 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 016,870.0090 Total Deposits 23,~~884~~439,~~732~~543.5200 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~285~~284,~~572~~895.2936 Payment of Interest and Principal 23,~~599~~154,~~160~~647.2364 Total Withdrawals (Pool Distribution Amount) 23,~~884~~439,~~732~~543.5200 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 123,~~905~~648.2175 Radian ~~160,056.33~~PMI ~~Special~~Policy ~~Servicing~~ Fee 0159,639.0016 Wells Fargo 1,~~610~~607.7545 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~285~~284,~~572~~895.2936

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 2.5414 2.5414 1,000.00

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 612 10 0 0 712 14,~~813~~304,~~104~~656.1280 ~~143,968~~0.5300 0.00 0.00 14,~~957~~304,~~072~~656.6580 60 Days 0 1 3 0 4 0 ~~5 304,800~~.00 0143,872.0002 1820,~~418,500~~367.0081 0.00 1964,~~723,300~~239.0083 90 Days 1 01 25 0 37 80,~~875~~764.1494 097,725.0065 ~~176~~1,~~730~~495,057.0237 0.00 ~~257~~1,~~605~~673,547.1696 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 813 12 68 0 1523 24,~~198~~385,~~779~~421.2674 ~~143~~241,~~968~~597.5367 12,~~595~~315,~~230~~425.0218 0.00 36,~~937~~942,~~977~~444.8159 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 01.~~658617~~323043% 0.~~109769~~000000% 0.000000% 0.000000% 01.~~768386~~323043% 01.~~610864~~455941% 0.~~048505~~000000% 0.000000% 0.000000% 01.~~659370~~455941% 60 Days 0.~~109769~~000000% 0.~~000000~~110254% 0.~~439078~~330761% 0.000000% 0.~~548847~~441014% 0.~~102692~~000000% 0.~~000000~~048661% 0.~~477916~~277469% 0.000000% 0.~~580608~~326130% 90 Days 0.~~109769~~110254% 0.~~000000~~110254% 0.~~219539~~551268% 0.000000% 0.~~329308~~771775% 0.~~027248~~027317% 0.~~000000~~033053% 0.~~059543~~505665% 0.000000% 0.~~086791~~566035% 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 01.~~878156~~433297% 0.~~109769~~220507% 0.~~658617~~882029% 0.000000% 12.~~646542~~535832% 01.~~740805~~483258% 0.~~048505~~081714% 0.~~537459~~783134% 0.000000% 12.~~326769~~348106% (7) Delinquencies are stratified according to the information the Servicer has provided. All 90+ ~~day~~ delinquencies are reported in the 90 day ~~delinquenct~~delinquency field.

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 93126,~~951~~747.2536

~~COLLATERAL~~Class ~~STATEMENT~~M-1 ~~Collateral~~17,249,900.00 ~~Description~~5.74996667% ~~Mixed~~17,250,000.00 ~~Fixed~~5.83562741% ~~& Arm Weighted Average Gross Coupon 9~~3.~~156852~~298398% ~~Weighted Average Net Coupon 8~~0.~~656852~~000000% ~~Weighted~~Class ~~Average Pass~~M-~~Through~~2 ~~Rate~~9,749,900.00 83.~~004470~~24996667% ~~Weighted~~9,750,000.00 ~~Average~~3.29839810% ~~Maturity(Stepdown~~2.537229% ~~Calculation~~0.000000% )Class ~~342 Beginning Scheduled Collateral Loan Count 914 Number Of Loans Paid In Full~~ M-3 ~~Ending~~2,999,900.00 ~~Scheduled~~0.99996667% ~~Collateral Loan Count 911 Beginning Scheduled Collateral Balance 297~~3,~~372~~000,~~519~~000.5000 ~~Ending~~1.01489172% ~~Scheduled~~2.283506% ~~Collateral Balance 296,756,952~~0.86000000% ~~Ending~~Class ~~Actual~~C ~~Collateral~~0.00 ~~Balance~~0.00000000% at0.00 ~~30-Sep-2001~~0.00000000% ~~296,809,573~~1.88014892% ~~Monthly~~0.000000% PClass &R-I ~~Constant~~0.00 ~~2,440,403~~0.3300000000% ~~Special~~0.00 ~~Servicing~~0.00000000% ~~Fee~~0.000000% 0.00000000% ~~Prepayment~~Class ~~Penalties~~R-II 0.00 ~~Realized~~0.00000000% ~~Loss Amount~~ 0.00 ~~Cumulative~~0.00000000% ~~Realized~~0.000000% ~~Loss~~ 0.00000000% ~~Ending~~Please ~~Scheduled~~Refer ~~Balance~~to ~~for~~the ~~Premium~~Prospectus ~~Loans~~Supplement ~~296,756,952.86~~for ~~Scheduled~~a ~~Principal~~Full ~~171,239.94~~Description ~~Unscheduled~~of ~~Principal~~Loss ~~444,326.70~~Exposure

~~NET~~COLLATERAL ~~WAC~~STATEMENT ~~CARRYOVER~~Collateral ~~AMT~~Description ~~$0.00~~Mixed ~~CREDIT~~Fixed ~~ENHANCEMENT~~& ~~PERCENTAGE~~Arm ~~9.079520880%~~Weighted ~~DELINQUENCY~~Average ~~PERCENTAGE~~Gross 0Coupon 9.~~6668592799~~153967% ~~ROLLING~~Weighted 3Average ~~MONTH~~Net ~~DELINQUENCY~~Coupon ~~PERCENTAGE 0~~8.~~2511136743~~653967% ~~PMI~~Weighted ~~PAYMENTS~~Average ~~DURING~~Pass-Through ~~THE~~Rate ~~PREPAY PD $0~~8.00001932% ~~CUMULATIVE~~Weighted ~~PMI~~Average ~~PAYMENTS~~Maturity(Stepdown ~~$0.00~~Calculation ~~PMI~~) ~~CLAIMS~~341 ~~DENIED~~Beginning ~~DURING~~Scheduled ~~THE~~Collateral ~~PREPAY~~Loan PDCount ~~$0.00~~911 ~~CUMULATIVE~~Number ~~PMI~~Of ~~CLAIMS~~Loans ~~DENIED~~Paid ~~$0.00~~In ~~PREFUNDING~~Full ~~ACCT~~4 ~~BEG~~Ending ~~BAL~~Scheduled ~~$0.00~~Collateral ~~SUBSEQUENT~~Loan ~~PREFUNDING~~Count ~~W/D~~907 ~~$0.00~~Beginning ~~PREFUNDING~~Scheduled ~~ACCT~~Collateral ~~REMAINDER~~Balance ~~TO BOND $0~~296,756,952.0086 ~~PREFUNDING~~Ending ~~ACCT~~Scheduled ~~END~~Collateral ~~BAL~~Balance $0295,598,035.0068 ~~INTEREST~~Ending ~~COVERAGE~~Actual ~~ACCT~~Collateral ~~BEG~~Balance ~~BAL~~at $031-Oct-2001 295,661,463.0055 ~~INTEREST~~Monthly ~~COVERAGE~~P ~~ACCT~~&I ~~DEPOSITS~~Constant $02,436,028.0039 ~~INTEREST~~Special ~~COVERAGE~~Servicing ~~ACCT~~Fee ~~W/D TO BOND $~~0.00 ~~INTEREST~~Prepayment ~~COVERAGE~~Penalties ~~ACCT~~16,870.90 ~~W/D~~Realized TOLoss ~~OOMC~~Amount $0.00 ~~INTEREST~~Cumulative ~~COVERAGE~~Realized ~~ACCT~~Loss ~~END BAL $~~0.00 ~~DELINQUECY~~Ending ~~CUT-OFF~~Scheduled ~~DATE~~Balance ~~BALANCE~~for ~~$297~~Premium Loans 295,~~049~~598,~~950~~035.3868 ~~TRIGGER~~Scheduled ~~EVENT~~Principal ~~NOT~~172,275.60 ~~TRIGGERED~~Unscheduled INPrincipal ~~EFFECT SINCE N/A COMMENTS N/A STEP DOWN DATE DO NOT STEP DOWN IN EFFECT SINCE N/A COMMENTS N/A~~986,641.58

~~Miscellaneous~~NET ~~Reporting~~WAC ~~General~~CARRYOVER ~~Excess~~AMT ~~Available~~$0.00 ~~Amt~~CREDIT ~~1,252,630~~ENHANCEMENT PERCENTAGE 9.75098354643% ~~Extra~~DELINQUENCY ~~Principal~~PERCENTAGE ~~Distribution~~0.8917922433% ~~Amt~~ROLLING 3 MONTH DELINQUENCY PERCENTAGE 0.003260913288% ~~Overcollateralization~~PMI ~~Amt~~PAYMENTS ~~3,000,000~~DURING THE PREPAY PD $0.00 ~~Overcollateralization~~CUMULATIVE ~~Deficit~~PMI ~~Amt~~PAYMENTS $0.00 ~~Overcollateralization~~PMI ~~Increase~~CLAIMS ~~Amt~~DENIED DURING THE PREPAY PD $0.00 ~~Overcollateralization~~CUMULATIVE ~~Release~~PMI ~~Amt~~CLAIMS DENIED $0.00 ~~Target~~DELINQUECY ~~Overcollateralization~~CUT-OFF ~~Amt~~DATE 3BALANCE $295,~~000~~785,~~000~~011.0056 TRIGGER EVENT NOT TRIGGERED IN EFFECT SINCE N/A COMMENTS N/A STEP DOWN DATE DO NOT STEP DOWN IN EFFECT SINCE N/A COMMENTS N/A Unscheduled Principal - Voluntary . Unscheduled Principal - Involuntary .

~~Group~~General ~~Level~~Excess ~~Collateral~~Available ~~Statement~~Amt ~~Group Group~~ 1 Group 2 Total Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 8.968271 9.189637 9.156852 Weighted Average Net Rate 8.468271 8.689637 8.656852 Weighted Average Maturity 342 342 342 Beginning Loan Count 157 757 914 Loans Paid In Full 2 1 3 Ending Loan Count 155 756 911 Beginning Scheduled Balance 44,~~041~~263,~~656~~758.8483 ~~253,330,862.66~~Extra ~~297,372,519.50 Ending scheduled Balance 43,867,412.72 252,889,540.14 296,756,952.86 Record Date 09/30/2001 09/30/2001 09/30/2001~~ Principal ~~And~~Distribution Interest Constant 360,477.31 2,079,926.02 2,440,403.33 Scheduled Principal 31,329.39 139,910.55 171,239.94 Unscheduled Principal 142,914.73 301,411.97 444,326.70 Scheduled Interest 329,147.92 1,940,015.47 2,269,163.39 Servicing Fees 18,350.68 105,554.53 123,905.21 Master Servicing Fees 0.00 ~~0.00~~Overcollateralization ~~0.00~~Amt ~~Trustee Fee 238.54 1~~3,~~372.21 1~~000,~~610~~000.~~75 FRY Amount 0.~~00 ~~0.00~~Overcollateralization ~~0.00~~Deficit ~~Special Hazard Fee~~ 0.00 ~~0.00~~Overcollateralization ~~0.00~~Increase ~~Other~~Amt ~~Fee 22,959.80 137,096.53 160,056.33 Pool Insurance Fee~~ 0.00 ~~0.00~~Overcollateralization ~~0.00~~Release ~~Spread~~Amt ~~Fee 1~~ 0.00 ~~0.00~~Target ~~0.00~~Overcollateralization ~~Spread~~Amt ~~Fee 2 0.00 0.00 0.00 Spread Fee~~ 3 ~~0.00 0.00 0.00 Net Interest 310~~,~~797.22 1~~000,~~834,460~~000.~~90 2,145,258.12 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 Pass-Through Rate 7.836187 8.033726 8.004470

Filing Compare · OPTION ONE MORT LN TRUST ASSET BACK CERTS SER 2001-3