8-K 1 sac0205a.txt MAY 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): May 28, 2002 STRUCTURED ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2002-5A Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-82904-01 Pooling and Servicing Agreement) (Commission 22-3844521 (State or other File Number) 52-2365544 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (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 May 28, 2002 a distribution was made to holders of STRUCTURED ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2002-5A 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 2002-5A relating to the May 28, 2002 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. STRUCTURED ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2002-5A Trust By: Wells Fargo Bank Minnesota, NA, as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 5/31/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-5A Trust, relating to the May 28, 2002 distribution. EX-99.1

~~Exhibit~~Structured ~~No.~~Asset ~~Description~~Securities ~~Page~~Corporation ~~No.~~Mortgage Pass-~~----------~~Through ~~-----------~~Certificates ~~--------~~Record ~~1.1~~Date: ~~Terms~~4/30/02 ~~Agreement,~~Distribution ~~dated~~Date: ~~March~~5/28/02 ~~25,~~SASC Series: 2002,-5A ~~between~~Contact: ~~Structured~~Customer ~~Asset~~Service ~~Securities~~- ~~Corporation,~~CTSLink asWells ~~Depositor~~Fargo ~~and~~Bank ~~Lehman Brothers Inc.~~Minnesota, ~~as the Underwriter~~N. 4A.1 ~~Trust~~Securities ~~Agreement,~~Administration ~~dated~~Services as7485 ofNew ~~March~~Horizon 1,Way ~~2002~~Frederick, ~~among~~MD ~~Structured~~21703 ~~Asset~~Telephone: ~~Securities~~(301) ~~Corporation,~~815-6600 asFax: ~~Depositor,~~(301) ~~Aurora~~815-6660 ~~Loan~~Certificateholder ~~Services~~Distribution ~~Inc.,~~Summary asCertificate ~~Master~~Certificate ~~Servicer~~Beginning ~~and~~Class ~~Wells~~Pass-Through ~~Fargo~~Certificate ~~Bank~~Interest ~~Minnesota,~~Principal ~~N.A.,~~Class asCUSIP ~~Trustee.~~Description ~~99.1~~Rate ~~Mortgage~~Balance ~~Loan~~Distribution ~~Sale~~Distribution ~~and~~1-A1 ~~Assignment~~86358RYP6 ~~Agreement,~~SEN ~~dated~~6.44000% as163,608,431.95 of878,031.92 ~~March~~ 1, ~~2002~~177,954.83 ~~between~~1-A2 ~~Lehman~~86358RYQ4 ~~Brothers~~SEN ~~Bank~~5.35000% 24,789,156.36 ~~FSB~~110,518.32 as178,478.00 ~~Seller~~1-A3 ~~and~~86358RYR2 ~~Structured~~SEN ~~Asset~~5.33000% ~~Securities Corporation~~192, ~~as Purchaser~~580,014.77 99855,376.223 ~~Mortgage Loan Sale and Assignment Agreement~~1,386,545.64 ~~dated~~1-A4 as86358RYS0 ofSEN ~~March~~6.44000% 16,135,811.98 ~~2002~~32,928.86 ~~between Lehman Capital~~44,176.88 A1-A5 ~~Division~~86358RYT8 ofSEN ~~Lehman~~5.00000% ~~Brothers~~0.00 ~~Holdings~~201,975.59 ~~Inc~~0.,00 as2-A1 ~~Seller~~86358RYU5 ~~and~~SEN ~~Structured~~6.31000% ~~Asset Securities Corporation~~159, ~~as Purchaser~~046,281.73 99836,318.336 ~~Servicing Agreement~~987,548.51 ~~dated~~2-A2 as86358RYV3 ofSEN ~~March~~6.31000% 13,976,825.46 ~~2002~~20,911.47 ~~among~~24,692.86 ~~Lehman~~2-A3 ~~Brothers~~86358RYW1 ~~Bank,~~SEN ~~FSB,~~5.00000% ~~Lehman~~0.00 ~~Capital~~4,874.22 0.00 3-A ~~Division~~86358RYX9 ofSEN ~~Lehman~~6.61401% ~~Brothers~~51,202,287.39 ~~Holdings~~282,210.54 ~~Inc~~1,057,743.44 ~~and~~4-A ~~Aurora~~86358RYY7 ~~Loan~~SEN ~~Services~~6.22405% ~~Inc~~167,409,435.68 99868,304.433 ~~Reconstituted~~1,274,125.90 ~~Servicing~~5-A ~~Agreement,~~86358RYZ4 ~~dated~~SEN as5.97493% of112,986,909.55 ~~March~~562,573.76 1, ~~2002~~998,064.99 ~~between~~6-A ~~Bank~~86358RZA8 ofSEN ~~America~~6.45606% 48,044,963.78 N258,484.A15 32,769.03 ~~and~~B1 ~~Lehman~~86358RZB6 ~~Brothers~~SUB ~~Bank,~~6.33959% ~~FSB~~20,201,286.21 99106,723.525 ~~Reconstituted Servicing Agreement~~11,791.00 ~~dated~~B2 as86358RZC4 ofSUB ~~March~~6.33959% 19,854,285.96 ~~2002~~52,060.12 ~~between~~5,751.71 ~~Cendant~~B3 ~~Mortgage~~86358RZD2 ~~Corporation~~SUB ~~and~~6.33959% ~~Lehman Brothers Bank~~5, ~~FSB~~418,857.86 9928,627.679 ~~Reconstituted Servicing Agreement~~3,162.85 ~~dated~~B4 as86358RA98 ofSUB ~~March~~6.33959% 13,446,001.82 ~~2002~~18,205.20 ~~between~~2,011.35 ~~National~~B5 ~~City~~86358RB22 ~~Mortgage~~SUB Co6.33959% ~~and Lehman Brothers Bank~~2,461,572.65 ~~FSB~~13,004.47 991,436.776 ~~Reconstituted~~B6 ~~Servicing~~86358RB30 ~~Agreement,~~SUB ~~dated~~6.33959% as2,972,967.11 of15,706.16 ~~March~~ 1,735.25 ~~2002,~~R ~~between~~SAC025AUR ~~National~~RES ~~City~~6.44410% ~~Mortgage~~0.00 Co0.,18 ~~Inc~~0.00 ~~and~~LR ~~Lehman~~SAC025ALR ~~Capital,~~RES A0.00000% ~~Division~~0.00 of0.00 ~~Lehman~~0.00 ~~Brothers~~Totals ~~Holdings~~974,135,090.26 ~~Inc~~5,146,834.92 8,187,989.00

~~Exhibit~~Certificateholder ~~No.~~Distribution ~~Description~~Summary ~~Page~~(continued) ~~No.~~Current ~~-----------~~Ending ~~-----------~~Cumulative ~~--------~~Realized ~~99.8~~Certificate ~~Mortgage~~Total ~~Loan~~Realized ~~Sale~~Class ~~and~~Loss ~~Servicing~~Balance ~~Agreement,~~Distribution ~~dated~~Losses as1-A1 of0.00 ~~January 25~~162,430,477.12 ~~2002~~2,055,986.75 ~~between~~0.00 ~~Lehman~~1-A2 ~~Brothers~~0.00 ~~Bank~~24,610,678.35 ~~FSB~~288,996.32 ~~and~~0.00 ~~Bank~~1-A3 of0.00 ~~America~~191,193,469.13 N2,241,921.A.87 990.900 ~~Mortgage~~1-A4 ~~Loan~~0.00 ~~Flow~~6,091,635.11 ~~Purchase~~77,105.74 ~~Sale~~0.00 &1-A5 ~~Servicing~~0.00 ~~Agreement~~0.00 201,975.59 ~~dated~~0.00 as2-A1 of0.00 ~~May 29~~158,058,733.22 ~~2001~~1,823,866.87 ~~among~~0.00 ~~Lehman~~2-A2 ~~Brothers~~0.00 ~~Bank~~3,952,132.60 ~~FSB~~45,604.33 ~~Cendant~~0.00 ~~Mortgage~~2-A3 ~~Corporation~~0.00 ~~and~~0.00 ~~Bishop's~~4,874.22 ~~Gate~~0.00 ~~Residential~~3-A ~~Mortgage~~0.00 ~~Trust~~50,144,543.94 ~~(formerly~~1,339,953.98 ~~known~~0.00 as4-A ~~Cendant~~0.00 ~~Residential~~166,135,309.78 ~~Mortgage Trust)~~2,142,430.23 990.1000 ~~Amendment~~5-A No0.00 1110,988,844.57 ~~dated~~2,560,638.75 as0.00 of6-A ~~June~~0.00 1848,012,194.74 ~~2001~~291,253.18 to0.00 ~~the~~B1 ~~Mortgage~~0.00 ~~Loan Flow Purchase~~20,189,495.22 ~~Sale & Servicing Agreement~~118,514.25 ~~among~~0.00 ~~Lehman~~B2 ~~Brothers~~0.00 ~~Bank~~9,848,534.25 ~~FSB~~57,811.83 ~~Cendant~~0.00 ~~Mortgage~~B3 ~~Corporation~~0.00 ~~and~~5,415,695.00 ~~Bishop's~~31,790.64 ~~Gate~~0.00 ~~Residential~~B4 ~~Mortgage~~0.00 ~~Trust~~3,443,990.48 ~~(formerly~~20,216.55 ~~known~~0.00 asB5 ~~Cendant Residential Mortgage Trust)~~0.00 992,460,135.1189 ~~Additional Collateral Servicing Agreement~~14,441.23 ~~dated~~0.00 asB6 of0.00 ~~March 29~~2, ~~2001~~971,231.87 ~~between Lehman Brothers Bank~~17,441.41 ~~FSB~~0.00 ~~and~~R ~~Cendant~~0.00 ~~Mortgage~~0.00 ~~Corporation~~0.18 990.1200 ~~Seller's~~LR ~~Warranties~~0.00 ~~and~~0.00 ~~Servicing~~0.00 ~~Agreement,~~0.00 ~~dated~~Totals as0.00 ~~of August 1~~965, ~~2001~~947,101.27 ~~between Lehman Brothers Bank~~13,334,823.92 ~~FSB~~0.00 ~~and~~All ~~National~~distributions ~~City~~required ~~Home~~by ~~Mortgage~~the ~~Co.~~Pooling ~~99.13 Seller's Warranties~~ and Servicing Agreement, ~~dated~~have asbeen ofcalculated ~~January~~by 1,the ~~2002,~~Certificate ~~between~~Administrator ~~Lehman~~on ~~Capital,~~behalf ~~A Division~~ of ~~Lehman~~the ~~Brothers Holdings Inc~~Trustee. ~~and National City Home Mortgage Co.~~

Filing Compare · STRUCTURED ASSET SEC CORP MORT PAS THR CERT SER 2002 5A