8-K 1 wfm01016.txt DECEMBER 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): December 26, 2001 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2001-16 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-48720-18 Pooling and Servicing Agreement) (Commission 52-2332861 (State or other File Number) 52-2332864 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 11000 Broken Land Parkway Columbia, MD 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 December 26, 2001 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2001-16 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 Mortgage Pass-Through Certificates, Series 2001-16 Trust, relating to the December 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2001-16 Trust By: Wells Fargo Bank Minnesota, NA, as Master Servicer By: /s/ Beth Belfield, Officer By: Beth Belfield, Officer Date: 1/8/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-16 Trust, relating to the December 26, 2001 distribution. EX-99.1

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 1011/3130/01 Distribution Date: 1112/26/01 WFMBS Series: 2001-16 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-PO 94977FAH1 PO 0.00000% 237,~~772~~513.0483 0.00 ~~258~~8,749.2138 A-1 94977FAA6 SEQ 6.12500% 85,059,500.00 434,157.86 0.00 A-2 94977FAB4 SEQ 6.75000% 31,000,000.00 174,375.00 0.00 A-3 94977FAC2 SEQ 6.25000% 4639,~~835~~721,~~331~~833.6761 ~~243~~206,~~934~~884.0255 7,~~113~~609,~~498~~048.0721 A-4 94977FAD0 SEQ 6.37500% 6858,~~461~~063,~~673~~498.6447 ~~363~~308,~~702~~462.6434 1011,~~398~~122,~~175~~546.1795 A-5 94977FAE8 SEQ 6.75000% 5,~~628~~660,~~377~~037.4810 31,~~659~~837.6271 (31,~~659~~837.6271) A-6 94977FAF5 SEQ 6.75000% 0.00 0.00 0.00 A-7 94977FAG3 SEQ 2.~~10715~~32278% 3334,~~878~~023,~~143~~707.4499 ~~275~~270,~~775~~380.3779 (~~145~~146,~~564~~383.5435) A-R 94977FAJ7 RES 6.75000% 0.00 0.00 0.00 A-LR 94977FAK4 RES 6.75000% 0.00 03.0003 0.00 B-1 94977FAL2 SUB 6.75000% 4,~~669~~665,~~047~~608.5241 26,~~263~~244.3905 3,~~439~~435.1101 B-2 94977FAM0 SUB 6.75000% 2,~~334~~332,~~025~~306.2506 13,~~128~~119.8922 1,~~719~~717.1914 B-3 94977FAN8 SUB 6.75000% 1,~~556~~555,~~349~~202.1780 8,~~754~~748.4602 1,~~146~~145.3700 B-4 94977FAU2 SUB 6.75000% 777,~~676~~103.0826 4,~~374~~371.4321 572.8213 B-5 94977FAV0 SUB 6.75000% 778,~~673~~099.1054 4,~~380~~376.0481 ~~573~~572.5587 B-6 94977FAW8 SUB 6.75000% ~~778~~777,~~310~~737.3911 4,~~378~~374.0077 ~~568~~572.2360 Totals ~~281~~264,~~994~~652,~~879~~148.7818 1,~~584~~487,~~883~~335.7236 1718,~~342~~570,~~726~~138.5623

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-PO 0.00 ~~237~~228,~~513~~764.8345 ~~258~~8,749.2138 0.00 A-1 0.00 85,059,500.00 434,157.86 0.00 A-2 0.00 31,000,000.00 174,375.00 0.00 A-3 0.00 3932,~~721~~112,~~833~~785.6139 7,~~357~~815,~~432~~932.0976 0.00 A-4 0.00 5846,~~063~~940,~~498~~951.4752 1011,~~761~~431,~~877~~009.8129 0.00 A-5 0.00 5,~~660~~691,~~037~~874.1081 0.00 0.00 A-6 0.00 0.00 0.00 0.00 A-7 0.00 34,~~023~~170,~~707~~091.9935 ~~130~~123,~~210~~997.8344 0.00 A-R 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 03.0003 0.00 B-1 0.00 4,~~665~~662,~~608~~173.4140 29,~~702~~679.5006 0.00 B-2 0.00 2,~~332~~330,~~306~~588.0692 14,~~848~~836.0836 0.00 B-3 0.00 1,~~555~~554,~~202~~057.80 9,~~900~~893.8302 0.00 B-4 0.00 ~~777~~776,~~103~~531.2612 4,~~947~~943.2534 0.00 B-5 0.00 ~~778~~777,~~099~~526.5468 4,~~953~~949.5968 0.00 B-6 50.0500 777,~~737~~164.1151 4,~~946~~947.2337 123.75 Totals 50.0500 ~~264~~246,~~652~~082,~~148~~009.1895 1820,~~927~~057,~~610~~473.2859 123.75 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 238,870.32 237,~~772~~513.0483 ~~214~~208.9089 438,540.3149 0.00 0.00 A-1 85,059,500.00 85,059,500.00 0.00 0.00 0.00 0.00 A-2 31,000,000.00 31,000,000.00 0.00 0.00 0.00 0.00 A-3 52,500,000.00 4639,~~835~~721,~~331~~833.6761 8176,~~873~~551.0056 7,~~031~~532,~~625~~496.0666 0.00 0.00 A-4 76,742,018.00 6858,~~461~~063,~~673~~498.6447 ~~119~~111,~~678~~899.0945 1011,~~278~~010,~~497~~647.0951 0.00 0.00 A-5 5,503,500.00 5,~~628~~660,~~377~~037.4810 0.00 0.00 (31,~~659~~837.6271) 0.00 A-6 6,900,000.00 0.00 0.00 0.00 0.00 0.00 A-7 43,303,982.00 3334,~~878~~023,~~143~~707.4499 0.00 0.00 (~~145~~146,~~564~~383.5635) 0.00 A-R 50.00 0.00 0.00 0.00 0.00 0.00 A-LR 50.00 0.00 0.00 0.00 0.00 0.00 B-1 4,683,000.00 4,~~669~~665,~~047~~608.5241 3,~~439~~435.1101 0.00 0.00 0.00 B-2 2,341,000.00 2,~~334~~332,~~025~~306.2506 1,~~719~~717.1914 0.00 0.00 0.00 B-3 1,561,000.00 1,~~556~~555,~~349~~202.1780 1,~~146~~145.3700 0.00 0.00 0.00 B-4 780,000.00 777,~~676~~103.0826 572.8213 0.00 0.00 0.00 B-5 781,000.00 778,~~673~~099.1054 ~~573~~572.5587 0.00 0.00 0.00 B-6 780,636.21 ~~778~~777,~~310~~737.3911 ~~568~~572.2360 0.00 0.00 50.0500 Totals 312,174,606.53 ~~281~~264,~~994~~652,~~879~~148.7818 ~~209~~196,~~785~~674.2665 1718,~~310~~551,~~165~~684.4666 (~~177~~178,~~224~~221.1806) 50.0500 (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 ~~258~~8,749.2138 ~~237~~228,~~513~~764.8345 0.~~99432123~~95769307 ~~258~~8,749.2138 A-1 0.00 85,059,500.00 1.00000000 0.00 A-2 0.00 31,000,000.00 1.00000000 0.00 A-3 7,~~113~~609,~~498~~048.0721 3932,~~721~~112,~~833~~785.6139 0.~~75660635~~61167210 7,~~113~~609,~~498~~048.0721 A-4 1011,~~398~~122,~~175~~546.1795 5846,~~063~~940,~~498~~951.4752 0.~~75660635~~61167210 1011,~~398~~122,~~175~~546.1795 A-5 (31,~~659~~837.6271) 5,~~660~~691,~~037~~874.1081 1.~~02844319~~03422818 (31,~~659~~837.6271) A-6 0.00 0.00 0.00000000 0.00 A-7 (~~145~~146,~~564~~383.5435) 34,~~023~~170,~~707~~091.9935 0.~~78569467~~78907504 (~~145~~146,~~564~~383.5435) A-R 0.00 0.00 0.00000000 0.00 A-LR 0.00 0.00 0.00000000 0.00 B-1 3,~~439~~435.1101 4,~~665~~662,~~608~~173.4140 0.~~99628623~~99555272 3,~~439~~435.1101 B-2 1,~~719~~717.1914 2,~~332~~330,~~306~~588.0692 0.~~99628623~~99555272 1,~~719~~717.1914 B-3 1,~~146~~145.3700 1,~~555~~554,~~202~~057.80 0.~~99628623~~99555272 1,~~146~~145.3700 B-4 572.8213 ~~777~~776,~~103~~531.2612 0.~~99628623~~99555272 572.8213 B-5 ~~573~~572.5587 ~~778~~777,~~099~~526.5468 0.~~99628622~~99555273 ~~573~~572.5587 B-6 ~~573~~572.2860 777,~~737~~164.1151 0.~~99628623~~99555273 ~~568~~572.2360 Totals 1718,~~342~~570,~~731~~138.6123 ~~264~~246,~~652~~082,~~148~~009.1895 0.~~84776962~~78828324 1718,~~342~~570,~~726~~138.5623

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-PO 238,870.32 ~~995~~994.~~40219145~~32122836 0.~~89965133~~87449123 035.~~18131177~~75366751 0.00000000 A-1 85,059,500.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2 31,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-3 52,500,000.00 ~~892~~756.~~10155562~~60635448 1.~~55948571~~45812495 ~~133~~143.~~93571543~~47612686 0.00000000 A-4 76,742,018.00 ~~892~~756.~~10155563~~60635442 1.~~55948583~~45812493 ~~133~~143.~~93571550~~47612686 0.00000000 A-5 5,503,500.00 ~~1022~~1028.~~69055692~~44319070 0.00000000 0.00000000 (5.~~75263378~~78499319) A-6 6,900,000.00 0.00000000 0.00000000 0.00000000 0.00000000 A-7 43,303,982.00 ~~782~~785.~~33321453~~69467330 0.00000000 0.00000000 (3.~~36145900~~38036696) A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,683,000.00 ~~997~~996.~~02061072~~28622891 0.~~73438181~~73350630 0.00000000 0.00000000 B-2 2,341,000.00 ~~997~~996.~~02061085~~28622811 0.~~73438274~~73350705 0.00000000 0.00000000 B-3 1,561,000.00 ~~997~~996.~~02060858~~28622678 0.~~73438181~~73350416 0.00000000 0.00000000 B-4 780,000.00 ~~997~~996.~~02061538~~28623077 0.~~73438462~~73350000 0.00000000 0.00000000 B-5 781,000.00 ~~997~~996.~~02061460~~28622279 0.~~73437900~~73350832 0.00000000 0.00000000 B-6 780,636.21 ~~997~~996.~~02060964~~28623428 0.~~72790628~~73350428 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 136.~~08096309~~62815874 ~~994~~957.~~32122836~~69306961 0.~~99432123~~95769307 136.~~08096309~~62815874 A-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-3 0.00000000 ~~135~~144.~~49520133~~93425162 ~~756~~611.~~60635448~~67210267 0.~~75660635~~61167210 ~~135~~144.~~49520133~~93425162 A-4 0.00000000 ~~135~~144.~~49520121~~93425166 ~~756~~611.~~60635442~~67210276 0.~~75660635~~61167210 ~~135~~144.~~49520121~~93425166 A-5 0.00000000 (5.~~75263378~~78499319) 1,~~028~~034.~~44319070~~22818388 1.~~02844319~~03422818 (5.~~75263378~~78499319) A-6 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-7 0.00000000 (3.~~36145854~~38036696) ~~785~~789.~~69467330~~07504049 0.~~78569467~~78907504 (3.~~36145854~~38036696) A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.~~73438181~~73350630 ~~996~~995.~~28622891~~55272261 0.~~99628623~~99555272 0.~~73438181~~73350630 B-2 0.00000000 0.~~73438274~~73350705 ~~996~~995.~~28622811~~55272106 0.~~99628623~~99555272 0.~~73438274~~73350705 B-3 0.00000000 0.~~73438181~~73350416 ~~996~~995.~~28622678~~55272261 0.~~99628623~~99555272 0.~~73438181~~73350416 B-4 0.00000000 0.~~73438462~~73350000 ~~996~~995.~~28623077~~55271795 0.~~99628623~~99555272 0.~~73438462~~73350000 B-5 0.00000000 0.~~73437900~~73350832 ~~996~~995.~~28622279~~55272727 0.~~99628622~~99555273 0.~~73437900~~73350832 B-6 0.~~00646908~~00000000 0.~~73437536~~73350428 ~~996~~995.~~28623428~~55273000 0.~~99628623~~99555273 0.~~72790628~~73350428 (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 238,870.32 0.00000% 237,~~772~~513.0483 0.00 0.00 0.00 A-1 85,059,500.00 6.12500% 85,059,500.00 434,157.86 0.00 0.00 A-2 31,000,000.00 6.75000% 31,000,000.00 174,375.00 0.00 0.00 A-3 52,500,000.00 6.25000% 4639,~~835~~721,~~331~~833.6761 ~~243~~206,~~934~~884.0255 0.00 0.00 A-4 76,742,018.00 6.37500% 6858,~~461~~063,~~673~~498.6447 ~~363~~308,~~702~~462.6434 0.00 0.00 A-5 5,503,500.00 6.75000% 5,~~628~~660,~~377~~037.4810 31,~~659~~837.6271 0.00 0.00 A-6 6,900,000.00 6.75000% 0.00 0.00 0.00 0.00 A-7 43,303,982.00 2.~~10715~~32278% ~~157~~139,~~051~~684,~~028~~919.3870 ~~275~~270,~~775~~380.3779 0.00 0.00 A-R 50.00 6.75000% 0.00 0.00 0.00 0.00 A-LR 50.00 6.75000% 0.00 0.00 0.00 0.00 B-1 4,683,000.00 6.75000% 4,~~669~~665,~~047~~608.5241 26,~~263~~244.3905 0.00 0.00 B-2 2,341,000.00 6.75000% 2,~~334~~332,~~025~~306.2506 13,~~128~~119.8922 0.00 0.00 B-3 1,561,000.00 6.75000% 1,~~556~~555,~~349~~202.1780 8,~~754~~748.4602 0.00 0.00 B-4 780,000.00 6.75000% 777,~~676~~103.0826 4,~~374~~371.4321 0.00 0.00 B-5 781,000.00 6.75000% 778,~~673~~099.1054 4,~~380~~376.0481 0.00 0.00 B-6 780,636.21 6.75000% ~~778~~777,~~310~~737.3911 4,~~378~~374.0077 0.00 0.00 Totals 312,174,606.53 1,~~584~~487,~~883~~332.7233 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 ~~237~~228,~~513~~764.8345 A-1 0.00 0.00 434,157.86 0.00 85,059,500.00 A-2 0.00 0.00 174,375.00 0.00 31,000,000.00 A-3 0.00 0.00 ~~243~~206,~~934~~884.0255 0.00 3932,~~721~~112,~~833~~785.6139 A-4 0.00 0.00 ~~363~~308,~~702~~462.6434 0.00 5846,~~063~~940,~~498~~951.4752 A-5 0.00 0.00 31,~~659~~837.6271 0.00 5,~~660~~691,~~037~~874.1081 A-6 0.00 0.00 0.00 0.00 0.00 A-7 0.00 0.00 ~~275~~270,~~775~~380.3779 0.00 ~~139~~121,~~684~~099,~~919~~707.7088 A-R 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 03.0003 0.00 0.00 B-1 0.00 0.00 26,~~263~~244.3905 0.00 4,~~665~~662,~~608~~173.4140 B-2 0.00 0.00 13,~~128~~119.8922 0.00 2,~~332~~330,~~306~~588.0692 B-3 0.00 0.00 8,~~754~~748.4602 0.00 1,~~555~~554,~~202~~057.80 B-4 0.00 0.00 4,~~374~~371.4321 0.00 ~~777~~776,~~103~~531.2612 B-5 0.00 0.00 4,~~380~~376.0481 0.00 ~~778~~777,~~099~~526.5468 B-6 0.00 0.00 4,~~378~~374.0077 0.00 777,~~737~~164.1151 Totals 0.00 0.00 1,~~584~~487,~~883~~335.7236 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 238,870.32 0.00000% ~~995~~994.~~40219145~~32122836 0.00000000 0.00000000 0.00000000 A-1 85,059,500.00 6.12500% 1000.00000000 5.10416661 0.00000000 0.00000000 A-2 31,000,000.00 6.75000% 1000.00000000 5.62500000 0.00000000 0.00000000 A-3 52,500,000.00 6.25000% ~~892~~756.~~10155562~~60635448 43.~~64636229~~94065810 0.00000000 0.00000000 A-4 76,742,018.00 6.37500% ~~892~~756.~~10155563~~60635442 4.~~73928950~~01947131 0.00000000 0.00000000 A-5 5,503,500.00 6.75000% ~~1022~~1028.~~69055692~~44319070 5.~~75263378~~78499319 0.00000000 0.00000000 A-6 6,900,000.00 6.75000% 0.00000000 0.00000000 0.00000000 0.00000000 A-7 43,303,982.00 2.~~10715~~32278% ~~3626~~3225.~~71101193~~68302610 6.~~36836054~~24378585 0.00000000 0.00000000 A-R 50.00 6.75000% 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 6.75000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,683,000.00 6.75000% ~~997~~996.~~02061072~~28622891 5.~~60824044~~60411061 0.00000000 0.00000000 B-2 2,341,000.00 6.75000% ~~997~~996.~~02061085~~28622811 5.~~60824007~~60410935 0.00000000 0.00000000 B-3 1,561,000.00 6.75000% ~~997~~996.~~02060858~~28622678 5.~~60823831~~60411275 0.00000000 0.00000000 B-4 780,000.00 6.75000% ~~997~~996.~~02061538~~28623077 5.~~60824359~~60411538 0.00000000 0.00000000 B-5 781,000.00 6.75000% ~~997~~996.~~02061460~~28622279 5.~~60824584~~60411012 0.00000000 0.00000000 B-6 780,636.21 6.75000% ~~997~~996.~~02060964~~28623428 5.~~60824613~~60410847 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 ~~994~~957.~~32122836~~69306961 A-1 0.00000000 0.00000000 5.10416661 0.00000000 1000.00000000 A-2 0.00000000 0.00000000 5.62500000 0.00000000 1000.00000000 A-3 0.00000000 0.00000000 43.~~64636229~~94065810 0.00000000 ~~756~~611.~~60635448~~67210267 A-4 0.00000000 0.00000000 4.~~73928950~~01947131 0.00000000 ~~756~~611.~~60635442~~67210276 A-5 0.00000000 0.00000000 5.~~75263378~~78499319 0.00000000 ~~1028~~1034.~~44319070~~22818388 A-6 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-7 0.00000000 0.00000000 6.~~36836054~~24378585 0.00000000 ~~3225~~2796.~~68302610~~50282230 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 060.~~00000000~~60000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 5.~~60824044~~60411061 0.00000000 ~~996~~995.~~28622891~~55272261 B-2 0.00000000 0.00000000 5.~~60824007~~60410935 0.00000000 ~~996~~995.~~28622811~~55272106 B-3 0.00000000 0.00000000 5.~~60823831~~60411275 0.00000000 ~~996~~995.~~28622678~~55272261 B-4 0.00000000 0.00000000 5.~~60824359~~60411538 0.00000000 ~~996~~995.~~28623077~~55271795 B-5 0.00000000 0.00000000 5.~~60824584~~60411012 0.00000000 ~~996~~995.~~28622279~~55272727 B-6 0.00000000 0.00000000 5.~~60824613~~60410847 0.00000000 ~~996~~995.~~28623428~~55273000 (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-7-1 6.75000% 0.00 0.00 0.00 0.00 0.00000000% A-7-2 6.75000% 0.00 0.00 2526,~~878~~023,~~143~~707.4499 26,~~023~~170,~~707~~091.9935 ~~102~~103.~~84431909~~42281839% A-7-3 6.75000% 0.00 0.00 8,000,000.00 8,000,000.00 100.00000000% A-7-4 6.75000% 7,875,879.63 7,875,879.63 0.00 0.00 100.00000000% A-7-5 0.42578% ~~115,297,005.32~~ 97,785,332.08 79,053,736.91 0.00 0.00 7561.~~66063544~~16721027%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 1820,~~867~~027,~~702~~824.9994 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~138~~218,~~579~~908.3811 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 1920,~~006~~246,~~282~~733.3705 Withdrawals Reimbursement for Servicer Advances 25138,~~023~~579.6038 Payment of Service Fee 5350,~~648~~680.4808 Payment of Interest and Principal 1820,~~927~~057,~~610~~473.2859 Total Withdrawals (Pool Distribution Amount) 1920,~~006~~246,~~282~~733.3605 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 98,~~280~~389.6558 Servicing Fee Support 98,~~280~~389.6558 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00

SERVICING FEES Gross Servicing Fee 5855,~~934~~320.2146 Master Servicing Fee 3,~~994~~749.9220 Supported Prepayment/Curtailment Interest Shortfall 98,~~280~~389.6558 Net Servicing Fee 5350,~~648~~680.4808

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 61 0 0 0 6 1 334,~~937,316~~604.4948 0.00 0.00 0.00 1334,~~937,316~~604.4948 60 Days 1 0 0 0 1 ~~374~~373,~~455~~040.4426 0.00 0.00 0.00 ~~374~~373,~~455~~040.4426 90 Days 01 0 0 0 01 0374,455.0044 0.00 0.00 0.00 0374,455.0044 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 73 0 0 0 73 21,~~311~~082,~~771~~100.9318 0.00 0.00 0.00 21,~~311~~082,~~771~~100.9318 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.~~947867~~169779% 0.000000% 0.000000% 0.000000% 0.~~947867~~169779% 0.~~700796~~129739% 0.000000% 0.000000% 0.000000% 0.~~700796~~129739% 60 Days 0.~~157978~~169779% 0.000000% 0.000000% 0.000000% 0.~~157978~~169779% 0.~~135454~~144642% 0.000000% 0.000000% 0.000000% 0.~~135454~~144642% 90 Days 0.~~000000~~169779% 0.000000% 0.000000% 0.000000% 0.~~000000~~169779% 0.~~000000~~145190% 0.000000% 0.000000% 0.000000% 0.~~000000~~145190% 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 10.~~105845~~509338% 0.000000% 0.000000% 0.000000% 10.~~105845~~509338% 0.~~836250~~419571% 0.000000% 0.000000% 0.000000% 0.~~836250~~419571%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~459~~491,~~589~~863.8449

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 10,926,636.21 3.50016817% 10,~~886~~878,~~057~~042.1843 4.~~11334548~~42049479% 95.~~882960~~575392% 100.000000% Class B-1 6,243,636.21 2.00004615% 6,~~220~~215,~~448~~869.7703 2.~~35042444~~52593395% 1.~~764505~~896324% 0.000000% Class B-2 3,902,636.21 1.25014531% 3,~~888~~885,~~142~~280.7111 1.~~46915214~~57885581% 0.~~882064~~947959% 0.000000% Class B-3 2,341,636.21 0.75010464% 2,~~332~~331,~~939~~222.9131 0.~~88151180~~94733553% 0.~~588168~~632108% 0.000000% Class B-4 1,561,636.21 0.50024447% 1,~~555~~554,~~836~~691.6519 0.~~58787985~~63177767% 0.~~293896~~315851% 0.000000% Class B-5 780,636.21 0.25006397% 777,~~737~~164.1151 0.~~29387145~~31581525% 0.~~294272~~316256% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~294135~~316109% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.03203336% 100,000.00 0.~~03778545~~04063686% Fraud 6,243,492.13 2.00000000% 6,243,492.13 2.~~35913148~~53715911% Special Hazard 3,227,425.33 1.03385261% 3,227,425.33 1.~~21949712~~31152429% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 7.~~540432~~530622% Weighted Average Pass-Through Rate 6.750000% Weighted Average Maturity(Stepdown Calculation ) ~~352~~351 Beginning Scheduled Collateral Loan Count ~~673~~633 Number Of Loans Paid In Full 4044 Ending Scheduled Collateral Loan Count ~~633~~589 Beginning Scheduled Collateral Balance ~~281~~264,~~994~~652,~~879~~148.7818 Ending Scheduled Collateral Balance ~~264~~246,~~652~~082,~~148~~009.1894 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2001 ~~276~~257,~~445~~906,~~101~~387.2616 Ending Scheduled Balance For Wells Fargo Serviced ~~213~~198,~~923~~713,~~767~~173.8360 Ending Scheduled Balance For Other Servicers 5047,~~728~~368,~~380~~836.3534 Monthly P &I Constant 1,~~867~~755,~~297~~365.1265 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 1819,~~858~~979,~~053~~472.5737 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans ~~246~~228,~~570~~426,~~293~~611.9591 Ending scheduled Balance For discounted Loans 1817,~~081~~655,~~854~~398.2303 Scheduled Principal ~~207~~194,~~750~~881.5564 Unscheduled Principal 1718,~~134~~375,~~981~~256.0560 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% ~~247~~229,~~587~~676,~~765~~166.1422 Greater Than 80%, less than or equal to 85% 3,~~528~~525,~~054~~510.6173 Greater than 85%, less than or equal to 95% 1312,~~583~~932,~~161~~550.0833 Greater than 95% 0.00

Filing Compare · WELLS FARGO ASSET SECURITES CORP MOR BK SEC 2001-16 TRUST