8-K 1 bst01002.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 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2001-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-55240-01 Pooling and Servicing Agreement) (Commission (State or other File Number) Pending 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 BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2001-2 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 2001-2 Trust, 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. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2001-2 Trust By: Wells Fargo Bank Minnesota, NA, as Securities Administrator By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 5/28/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-2 Trust, relating to the May 28, 2002 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 24/2830/02 Distribution Date: 35/2528/02 BST Series: 2001-2 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 1-A-1 07384MBQ4 Sen 6.~~99770~~99346% 7959,~~832~~522,~~282~~571.9028 ~~465~~346,~~535~~890.3259 115,~~754~~354,~~963~~683.5648 1-X-1 07384MBR2 Sen 0.50600% 0.00 3325,~~662~~098.6168 0.00 1-A-2 07384MBS0 Sen 8.~~06411~~08571% 139,~~887~~799,~~013~~463.0757 9366,~~321~~029.9865 21,~~297~~167,~~853~~269.6871 1-A-3 07384MBT8 Sen 87.~~05539~~96939% 107,~~729~~308,~~161~~643.8914 7248,~~023~~537.0185 2705,~~212,724~~360.1579 2-A-1 07384MBZ4 Sen 6.~~92261~~90595% ~~409~~316,~~284~~162,~~525~~491.2798 21,~~361~~819,~~097~~501.5182 4629,~~257~~674,~~691~~574.7610 2-A-2A 07384MCA8 Sen 5.~~66161~~64495% 0.00 0.00 0.00 2-A-2B 07384MCB6 Sen 5.~~86161~~84495% 5610,~~506~~463,~~311~~424.8933 ~~276~~50,~~014~~965.9516 2210,~~871~~463,~~469~~424.0333 2-A-2C 07384MCC4 Sen 5.95000% 145,858,700.00 723,216.05 04,208,753.0099 2-X-2 07384MCD2 Sen 0.~~99729~~96298% 0.00 ~~168~~125,~~180~~446.6503 0.00 1-B-1 07384MBW1 Sub 7.~~64600~~63805% 43,~~087~~551,~~898~~470.0189 2622,~~046~~605.7226 ~~300~~160,~~302~~030.9315 1-B-2 07384MBX9 Sub 7.~~64600~~63805% 32,~~406~~959,~~421~~420.9329 2118,~~704~~836.5884 ~~250~~133,~~240~~352.7120 1-B-3 07384MBY7 Sub 7.~~64600~~63805% 1,~~771~~538,~~436~~983.9934 119,~~287~~795.0069 ~~130~~69,~~132~~346.3497 1-B-4 07384MCK6 Sub 7.~~64600~~63805% 1,~~226~~065,~~412~~479.9712 76,~~814~~781.2982 9048,~~094~~010.0875 1-B-5 07384MCL4 Sub 7.~~64600~~63805% ~~953~~828,~~770~~613.2646 65,~~077~~274.1016 7037,~~065~~337.3553 1-B-6 07384MCM2 Sub 7.~~64600~~63805% ~~817~~710,~~714~~411.3626 54,~~210~~521.2080 6032,~~070~~011.4930 R-1 BST0102RI Res 7.~~50370~~49946% 0.00 0.00 0.00 R-2 07384MBU5 Res 7.~~50370~~49946% 0.00 0.00 0.00 R-X 07384MBV3 Res 0.00000% 0.00 1012,~~923~~415.5437 0.00 2-B-1 07384MCG5 Sub 6.~~92261~~90595% 119,~~206~~909,~~194~~167.9767 6457,~~646~~026.7684 ~~624~~458,~~823~~372.9525 2-B-2 07384MCH3 Sub 6.~~92261~~90595% 4,~~902~~335,~~681~~234.0196 2824,~~282~~949.7909 ~~273~~200,~~358~~536.8466 2-B-3 07384MCJ9 Sub 6.~~92261~~90595% 4,~~902~~335,~~681~~234.0196 2824,~~282~~949.7909 ~~273~~200,~~358~~536.8466 2-B-4 07384MCN0 Sub 6.~~92261~~90595% 43,~~202~~715,~~311~~927.4052 2421,~~242~~385.4701 ~~234~~171,~~308~~889.3311 2-B-5 07384MCP5 Sub 6.~~92261~~90595% 1,~~400~~238,~~739~~614.2288 87,~~080~~128.6418 7857,~~101~~295.0309 2-B-6 07384MCQ3 Sub 6.~~92261~~90595% 1,~~400~~238,~~865~~726.7677 87,~~081~~128.3782 7857,~~108~~300.0927 Totals ~~756~~584,~~377~~542,~~122~~579.9142 43,~~443~~428,~~732~~483.3380 8753,~~857~~200,~~667~~085.1634

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 6854,~~077~~167,~~319~~887.3479 125,~~220~~701,~~498~~574.8807 0.00 1-X-1 0.00 0.00 3325,~~662~~098.6168 0.00 1-A-2 0.00 118,~~589~~632,~~159~~193.3985 21,~~391~~233,~~175~~299.6636 0.00 1-A-3 0.00 86,~~516~~603,~~437~~282.7435 2753,~~284,747~~898.1664 0.00 2-A-1 0.00 ~~363~~286,~~026~~487,~~833~~917.5187 4831,~~618~~494,~~789~~075.2792 0.00 2-A-2A 0.00 0.00 0.00 0.00 2-A-2B 0.00 ~~33,634,842~~0.8600 2310,~~147~~514,~~483~~389.9849 0.00 2-A-2C 0.00 ~~145~~141,~~858~~649,~~700~~946.0001 ~~723~~4,~~216~~931,970.0504 0.00 2-X-2 0.00 0.00 ~~168~~125,~~180~~446.6503 0.00 1-B-1 0.00 3,~~787~~391,~~595~~440.0874 ~~326~~182,~~349~~635.6541 0.00 1-B-2 0.00 32,~~156~~826,~~181~~068.2209 ~~271~~152,~~945~~189.2904 0.00 1-B-3 0.00 1,~~641~~469,~~304~~636.6637 ~~141~~79,~~419~~142.3466 0.00 1-B-4 0.00 1,~~136~~017,~~318~~468.8937 9754,~~908~~792.3757 0.00 1-B-5 0.00 ~~883~~791,~~704~~275.9193 7642,~~142~~611.4569 0.00 1-B-6 0.00 ~~757~~678,~~643~~399.8895 6536,~~280~~533.6910 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 R-X 0.00 0.00 1012,~~923~~415.5437 0.00 2-B-1 0.00 109,~~581~~450,~~371~~795.0243 ~~689~~515,~~470~~399.7109 0.00 2-B-2 0.00 4,~~629~~134,~~322~~698.1630 ~~301~~225,~~641~~485.6375 0.00 2-B-3 0.00 4,~~629~~134,~~322~~698.1630 ~~301~~225,~~641~~485.6375 0.00 2-B-4 0.00 3,~~968~~544,~~003~~038.0740 ~~258~~193,~~550~~274.8012 0.00 2-B-5 0.00 1,~~322~~181,~~638~~319.1978 8664,~~181~~423.6727 0.00 2-B-6 0.00 1,~~322~~181,~~757~~426.6750 8664,~~189~~429.4609 0.00 Totals 0.00 ~~668~~531,~~519~~342,~~455~~494.7503 9256,~~301~~628,~~399~~569.4914 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) 1-A-1 219,828,300.00 7959,~~832~~522,~~282~~571.9028 7054,~~785~~099.2334 115,~~684~~300,~~178~~584.3314 0.00 0.00 1-X-1 0.00 0.00 0.00 0.00 0.00 0.00 1-A-2 58,424,200.00 139,~~887~~799,~~013~~463.0757 97,~~974~~212.6434 21,~~287~~160,~~879~~057.0337 0.00 0.00 1-A-3 20,434,500.00 107,~~729~~308,~~161~~643.8914 75,~~907~~685.3689 2699,~~204,816~~674.7890 0.00 0.00 2-A-1 980,000,000.00 ~~409~~316,~~284~~162,~~525~~491.2798 ~~409~~324,~~754~~892.1294 4529,~~847~~349,~~937~~681.6516 0.00 0.00 2-A-2A 197,774,400.00 0.00 0.00 0.00 0.00 0.00 2-A-2B 140,914,200.00 5610,~~506~~463,~~311~~424.8933 ~~202~~114,~~597~~559.2011 2210,~~668~~348,~~871~~865.8323 0.00 0.00 2-A-2C 145,858,700.00 145,858,700.00 046,079.0067 04,162,674.0033 0.00 0.00 2-X-2 0.00 0.00 0.00 0.00 0.00 0.00 1-B-1 4,691,500.00 43,~~087~~551,~~898~~470.0189 3,~~454~~084.5662 ~~296~~156,~~848~~945.3753 0.00 0.00 1-B-2 3,909,400.00 32,~~406~~959,~~421~~420.9329 2,~~878~~570.6740 ~~247~~130,~~362~~781.0481 0.00 0.00 1-B-3 2,033,000.00 1,~~771~~538,~~436~~983.9934 1,~~496~~336.9968 ~~128~~68,~~635~~010.3529 0.00 0.00 1-B-4 1,407,500.00 1,~~226~~065,~~412~~479.9712 ~~1,036~~925.4142 8947,~~057~~085.6833 0.00 0.00 1-B-5 1,094,600.00 ~~953~~828,~~770~~613.2646 ~~806~~719.00 69 36,~~259~~617.3584 0.00 0.00 1-B-6 938,455.00 ~~817~~710,~~714~~411.3626 ~~691~~617.03 5931,~~379~~394.4628 0.00 0.00 R-1 50.00 0.00 0.00 0.00 0.00 0.00 R-2 50.00 0.00 0.00 0.00 0.00 0.00 R-X 0.00 0.00 0.00 0.00 0.00 0.00 2-B-1 11,955,500.00 119,~~206~~909,~~194~~167.9767 1110,~~219~~182.0580 ~~613~~448,~~604~~189.9045 0.00 0.00 2-B-2 5,230,500.00 4,~~902~~335,~~681~~234.0196 4,~~908~~454.3195 ~~268~~196,~~450~~081.5471 0.00 0.00 2-B-3 5,230,500.00 4,~~902~~335,~~681~~234.0196 4,~~908~~454.3195 ~~268~~196,~~450~~081.5471 0.00 0.00 2-B-4 4,483,300.00 43,~~202~~715,~~311~~927.4052 43,~~207~~818.1354 ~~230~~168,~~101~~070.1957 0.00 0.00 2-B-5 1,494,400.00 1,~~400~~238,~~739~~614.2288 1,~~402~~272.3582 7656,~~698~~022.6928 0.00 0.00 2-B-6 1,494,535.00 1,~~400~~238,~~865~~726.7677 1,~~402~~272.4793 7656,~~705~~027.6234 0.00 0.00 Totals 1,807,197,590.00 ~~756~~584,~~377~~542,~~122~~579.9142 ~~739~~587,~~429~~240.8312 8752,~~118~~612,~~237~~845.3527 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 1-A-1 115,~~754~~354,~~963~~683.5648 6854,~~077~~167,~~319~~887.3479 0.~~30968405~~24640998 115,~~754~~354,~~963~~683.5648 1-X-1 0.00 0.00 0.00000000 0.00 1-A-2 21,~~297~~167,~~853~~269.6871 118,~~589~~632,~~159~~193.3985 0.~~19836231~~14775031 21,~~297~~167,~~853~~269.6871 1-A-3 2705,~~212,724~~360.1579 86,~~516~~603,~~437~~282.7435 0.~~41676761~~32314382 2705,~~212,724~~360.1579 2-A-1 4629,~~257~~674,~~691~~574.7610 ~~363~~286,~~026~~487,~~833~~917.5187 0.~~37043554~~29233461 4629,~~257~~674,~~691~~574.7610 2-A-2A 0.00 0.00 0.00000000 0.00 2-A-2B 2210,~~871~~463,~~469~~424.03 33~~,634,842~~ 0.8600 0.~~23869023~~00000000 2210,~~871~~463,~~469~~424.0333 2-A-2C 04,208,753.0099 ~~145~~141,~~858~~649,~~700~~946.0001 10.~~00000000~~97114499 04,208,753.0099 2-X-2 0.00 0.00 0.00000000 0.00 1-B-1 ~~300~~160,~~302~~030.9315 3,~~787~~391,~~595~~440.0874 0.~~80733136~~72289049 ~~300~~160,~~302~~030.9315 1-B-2 ~~250~~133,~~240~~352.7120 32,~~156~~826,~~181~~068.2209 0.~~80733136~~72289049 ~~250~~133,~~240~~352.7120 1-B-3 ~~130~~69,~~132~~346.3497 1,~~641~~469,~~304~~636.6637 0.~~80733136~~72289049 ~~130~~69,~~132~~346.3497 1-B-4 9048,~~094~~010.0875 1,~~136~~017,~~318~~468.8937 0.~~80733136~~72289049 9048,~~094~~010.0875 1-B-5 7037,~~065~~337.3553 ~~883~~791,~~704~~275.9193 0.~~80733136~~72289049 7037,~~065~~337.3553 1-B-6 6032,~~070~~011.4930 ~~757~~678,~~643~~399.8895 0.~~80733107~~72289023 6032,~~070~~011.4930 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 R-X 0.00 0.00 0.00000000 0.00 2-B-1 ~~624~~458,~~823~~372.9525 109,~~581~~450,~~371~~795.0243 0.~~88506303~~79049771 ~~624~~458,~~823~~372.9525 2-B-2 ~~273~~200,~~358~~536.8466 4,~~629~~134,~~322~~698.1630 0.~~88506303~~79049772 ~~273~~200,~~358~~536.8466 2-B-3 ~~273~~200,~~358~~536.8466 4,~~629~~134,~~322~~698.1630 0.~~88506303~~79049772 ~~273~~200,~~358~~536.8466 2-B-4 ~~234~~171,~~308~~889.3311 3,~~968~~544,~~003~~038.0740 0.~~88506303~~79049771 ~~234~~171,~~308~~889.3311 2-B-5 7857,~~101~~295.0309 1,~~322~~181,~~638~~319.1978 0.~~88506303~~79049771 7857,~~101~~295.0309 2-B-6 7857,~~108~~300.0927 1,~~322~~181,~~757~~426.6750 0.~~88506303~~79049771 7857,~~108~~300.0927 Totals 8753,~~857~~200,~~667~~085.1634 ~~668~~531,~~519~~342,~~455~~494.7503 0.~~36992051~~29401461 8753,~~857~~200,~~667~~085.1634

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 219,828,300.00 ~~363~~270.~~15744106~~76846466 0.~~32200235~~24609816 5324.~~15138374~~11238289 0.00000000 1-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-2 58,424,200.00 ~~237~~167.~~69282369~~72952937 0.~~17072788~~12344782 3919.~~15978362~~85576816 0.00000000 1-A-3 20,434,500.00 ~~525~~357.~~05135384~~66195111 0.~~38696127~~27824953 ~~107~~34.~~89678142~~23988353 0.00000000 2-A-1 980,000,000.00 ~~417~~322.~~63727068~~61478773 0.~~41811645~~33152341 4629.~~78360985~~94865424 0.00000000 2-A-2A 197,774,400.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 140,914,200.00 ~~400~~74.~~99799658~~25386746 10.~~43773445~~81297066 ~~160~~73.~~87003176~~44089687 0.00000000 2-A-2C 145,858,700.00 1000.00000000 0.~~00000000~~31591993 028.~~00000000~~53908838 0.00000000 2-X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-B-1 4,691,500.00 ~~871~~757.~~34136417~~00114889 0.~~73634445~~65749121 6333.~~27365874~~45316636 0.00000000 1-B-2 3,909,400.00 ~~871~~757.~~34136440~~00114851 0.~~73634573~~65749220 6333.~~27365836~~45316673 0.00000000 1-B-3 2,033,000.00 ~~871~~757.~~34136252~~00115101 0.~~73634530~~65749139 6333.~~27365962~~45316773 0.00000000 1-B-4 1,407,500.00 ~~871~~757.~~34136412~~00115098 0.~~73634813~~65749201 6333.~~27366252~~45316519 0.00000000 1-B-5 1,094,600.00 ~~871~~757.~~34136671~~00115111 0.~~73634204~~65749132 6333.~~27366161~~45317011 0.00000000 1-B-6 938,455.00 ~~871~~757.~~34104459~~00087910 0.~~73634857~~65749556 6333.~~27363592~~45315439 0.00000000 R-1 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 11,955,500.00 ~~937~~828.~~32549622~~83757852 0.~~93840074~~85172515 5137.~~32406842~~48813935 0.00000000 2-B-2 5,230,500.00 ~~937~~828.~~32549661~~83757958 0.~~93840168~~85172546 5137.~~32406844~~48813880 0.00000000 2-B-3 5,230,500.00 ~~937~~828.~~32549661~~83757958 0.~~93840168~~85172546 5137.~~32406844~~48813880 0.00000000 2-B-4 4,483,300.00 ~~937~~828.~~32549684~~83757946 0.~~93840029~~85172529 5137.~~32406709~~48813820 0.00000000 2-B-5 1,494,400.00 ~~937~~828.~~32549518~~83758030 0.~~93840337~~85172645 5137.~~32406986~~48814240 0.00000000 2-B-6 1,494,535.00 ~~937~~828.~~32549589~~83757824 0.~~93839890~~85172311 5137.~~32407070~~48814180 0.00000000 2) All Senior Classes are per $1,000 denomination, all Offered Subordinate Classes are $25,000 ~~denomination.~~

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A-1 0.00000000 5324.~~47338609~~35848105 ~~309~~246.~~68405496~~40998356 0.~~30968405~~24640998 5324.~~47338609~~35848105 1-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-2 0.00000000 3919.~~33051167~~97921598 ~~198~~147.~~36231202~~75031323 0.~~19836231~~14775031 3919.~~33051167~~97921598 1-A-3 0.00000000 ~~108~~34.~~28374318~~51813306 ~~416~~323.~~76761066~~14381805 0.~~41676761~~32314382 ~~108~~34.~~28374318~~51813306 2-A-1 0.00000000 4730.~~20172629~~28017765 ~~370~~292.~~43554440~~33461007 0.~~37043554~~29233461 4730.~~20172629~~28017765 2-A-2A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 0.00000000 ~~162~~74.~~30776622~~25386746 ~~238~~0.~~69023037~~00000000 0.~~23869023~~00000000 ~~162~~74.~~30776622~~25386746 2-A-2C 0.00000000 028.~~00000000~~85500824 ~~1,000~~971.~~00000000~~14499176 10.~~00000000~~97114499 028.~~00000000~~85500824 2-X-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-B-1 0.00000000 6434.~~01000320~~11065757 ~~807~~722.~~33136097~~89049131 0.~~80733136~~72289049 6434.~~01000320~~11065757 1-B-2 0.00000000 6434.~~01000409~~11065637 ~~807~~722.~~33136031~~89049215 0.~~80733136~~72289049 6434.~~01000409~~11065637 1-B-3 0.00000000 6434.~~01000492~~11065912 ~~807~~722.~~33136252~~89049188 0.~~80733136~~72289049 6434.~~01000492~~11065912 1-B-4 0.00000000 6434.~~01000355~~11065719 ~~807~~722.~~33136057~~89049378 0.~~80733136~~72289049 6434.~~01000355~~11065719 1-B-5 0.00000000 6434.~~01000365~~11066143 ~~807~~722.~~33136305~~89048968 0.~~80733136~~72289049 6434.~~01000365~~11066143 1-B-6 0.00000000 6434.~~00998450~~11063930 ~~807~~722.~~33107075~~89022915 0.~~80733107~~72289023 6434.~~00998450~~11063930 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 0.00000000 5238.~~26246916~~33986450 ~~885~~790.~~06302706~~49771486 0.~~88506303~~79049771 5238.~~26246916~~33986450 2-B-2 0.00000000 5238.~~26246822~~33986426 ~~885~~790.~~06302648~~49771532 0.~~88506303~~79049772 5238.~~26246822~~33986426 2-B-3 0.00000000 5238.~~26246822~~33986426 ~~885~~790.~~06302648~~49771532 0.~~88506303~~79049772 5238.~~26246822~~33986426 2-B-4 0.00000000 5238.~~26246961~~33986349 ~~885~~790.~~06302723~~49771374 0.~~88506303~~79049771 5238.~~26246961~~33986349 2-B-5 0.00000000 5238.~~26246654~~33986215 ~~885~~790.~~06302864~~49771146 0.~~88506303~~79049771 5238.~~26246654~~33986215 2-B-6 0.00000000 5238.~~26246960~~33986491 ~~885~~790.~~06302629~~49771334 0.~~88506303~~79049771 5238.~~26246960~~33986491 (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 1-A-1 219,828,300.00 6.~~99770~~99346% 7959,~~832~~522,~~282~~571.9028 ~~465~~346,~~535~~890.3259 0.00 0.00 1-X-1 0.00 0.50600% 7959,~~832~~522,~~282~~571.9028 3325,~~662~~098.6168 0.00 0.00 1-A-2 58,424,200.00 8.~~06411~~08571% 139,~~887~~799,~~013~~463.0757 9366,~~321~~029.9865 0.00 0.00 1-A-3 20,434,500.00 87.~~05539~~96939% 107,~~729~~308,~~161~~643.8914 7248,~~023~~537.0185 0.00 0.00 2-A-1 980,000,000.00 6.~~92261~~90595% ~~409~~316,~~284~~162,~~525~~491.2798 21,~~361~~819,~~097~~501.5182 0.00 0.00 2-A-2A 197,774,400.00 5.~~66161~~64495% 0.00 0.00 0.00 0.00 2-A-2B 140,914,200.00 5.~~86161~~84495% 5610,~~506~~463,~~311~~424.8933 ~~276~~50,~~014~~965.9516 0.00 0.00 2-A-2C 145,858,700.00 5.95000% 145,858,700.00 723,216.05 0.00 0.00 2-X-2 0.00 0.~~99729~~96298% ~~202~~156,~~365~~322,~~011~~124.8933 ~~168~~125,~~180~~446.6503 0.00 0.00 1-B-1 4,691,500.00 7.~~64600~~63805% 43,~~087~~551,~~898~~470.0189 2622,~~046~~605.7226 0.00 0.00 1-B-2 3,909,400.00 7.~~64600~~63805% 32,~~406~~959,~~421~~420.9329 2118,~~704~~836.5884 0.00 0.00 1-B-3 2,033,000.00 7.~~64600~~63805% 1,~~771~~538,~~436~~983.9934 119,~~287~~795.0069 0.00 0.00 1-B-4 1,407,500.00 7.~~64600~~63805% 1,~~226~~065,~~412~~479.9712 76,~~814~~781.2982 0.00 0.00 1-B-5 1,094,600.00 7.~~64600~~63805% ~~953~~828,~~770~~613.2646 65,~~077~~274.1016 0.00 0.00 1-B-6 938,455.00 7.~~64600~~63805% ~~817~~710,~~714~~411.3626 54,~~210~~521.2080 0.00 0.00 R-1 50.00 7.~~50370~~49946% 0.00 0.00 0.00 0.00 R-2 50.00 7.~~50370~~49946% 0.00 0.00 0.00 0.00 R-X 0.00 0.00000% 0.00 0.00 0.00 0.00 2-B-1 11,955,500.00 6.~~92261~~90595% 119,~~206~~909,~~194~~167.9767 6457,~~646~~026.7684 0.00 0.00 2-B-2 5,230,500.00 6.~~92261~~90595% 4,~~902~~335,~~681~~234.0196 2824,~~282~~949.7909 0.00 0.00 2-B-3 5,230,500.00 6.~~92261~~90595% 4,~~902~~335,~~681~~234.0196 2824,~~282~~949.7909 0.00 0.00 2-B-4 4,483,300.00 6.~~92261~~90595% 43,~~202~~715,~~311~~927.4052 2421,~~242~~385.4701 0.00 0.00 2-B-5 1,494,400.00 6.~~92261~~90595% 1,~~400~~238,~~739~~614.2288 87,~~080~~128.6418 0.00 0.00 2-B-6 1,494,535.00 6.~~92261~~90595% 1,~~400~~238,~~865~~726.7677 87,~~081~~128.3782 0.00 0.00 Totals 1,807,197,590.00 43,~~432~~416,~~808~~068.7943 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 1-A-1 0.00 0.00 ~~465~~346,~~535~~890.3259 0.00 6854,~~077~~167,~~319~~887.3479 1-X-1 0.00 0.00 3325,~~662~~098.6168 0.00 6854,~~077~~167,~~319~~887.3479 1-A-2 0.00 0.00 9366,~~321~~029.9865 0.00 118,~~589~~632,~~159~~193.3985 1-A-3 0.00 0.00 7248,~~023~~537.0185 0.00 86,~~516~~603,~~437~~282.7435 2-A-1 0.00 0.00 21,~~361~~819,~~097~~501.5182 0.00 ~~363~~286,~~026~~487,~~833~~917.5187 2-A-2A 0.00 0.00 0.00 0.00 0.00 2-A-2B 0.00 0.00 ~~276~~50,~~014~~965.9516 0.00 ~~33,634,842~~0.8600 2-A-2C 0.00 0.00 723,216.05 0.00 ~~145~~141,~~858~~649,~~700~~946.0001 2-X-2 0.00 0.00 ~~168~~125,~~180~~446.6503 0.00 ~~179~~141,~~493~~649,~~542~~946.8601 1-B-1 0.00 0.00 2622,~~046~~605.7226 0.00 3,~~787~~391,~~595~~440.0874 1-B-2 0.00 0.00 2118,~~704~~836.5884 0.00 32,~~156~~826,~~181~~068.2209 1-B-3 0.00 0.00 119,~~287~~795.0069 0.00 1,~~641~~469,~~304~~636.6637 1-B-4 0.00 0.00 76,~~814~~781.2982 0.00 1,~~136~~017,~~318~~468.8937 1-B-5 0.00 0.00 65,~~077~~274.1016 0.00 ~~883~~791,~~704~~275.9193 1-B-6 0.00 0.00 54,~~210~~521.2080 0.00 ~~757~~678,~~643~~399.8895 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 R-X 0.00 0.00 1012,~~923~~415.5437 0.00 0.00 2-B-1 0.00 0.00 6457,~~646~~026.7684 0.00 109,~~581~~450,~~371~~795.0243 2-B-2 0.00 0.00 2824,~~282~~949.7909 0.00 4,~~629~~134,~~322~~698.1630 2-B-3 0.00 0.00 2824,~~282~~949.7909 0.00 4,~~629~~134,~~322~~698.1630 2-B-4 0.00 0.00 2421,~~242~~385.4701 0.00 3,~~968~~544,~~003~~038.0740 2-B-5 0.00 0.00 87,~~080~~128.6418 0.00 1,~~322~~181,~~638~~319.1978 2-B-6 0.00 0.00 87,~~081~~128.3782 0.00 1,~~322~~181,~~757~~426.6750 Totals 0.00 0.00 43,~~443~~428,~~732~~483.3380 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 1-A-1 219,828,300.00 6.~~99770~~99346% ~~363~~270.~~15744106~~76846466 21.~~11772242~~57800697 0.00000000 0.00000000 1-X-1 0.00 0.50600% ~~363~~270.~~15744106~~76846466 0.~~15313138~~11417402 0.00000000 0.00000000 1-A-2 58,424,200.00 8.~~06411~~08571% ~~237~~167.~~69282369~~72952937 1.~~59731721~~13017637 0.00000000 0.00000000 1-A-3 20,434,500.00 87.~~05539~~96939% ~~525~~357.~~05135384~~66195111 32.~~52457902~~37528934 0.00000000 0.00000000 2-A-1 980,000,000.00 6.~~92261~~90595% ~~417~~322.~~63727068~~61478773 21.~~40928317~~85663451 0.00000000 0.00000000 2-A-2A 197,774,400.00 5.~~66161~~64495% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 140,914,200.00 5.~~86161~~84495% ~~400~~74.~~99799658~~25386746 10.~~95874475~~36167512 0.00000000 0.00000000 2-A-2C 145,858,700.00 5.95000% 1000.00000000 4.95833330 0.00000000 0.00000000 2-X-2 0.00 0.~~99729~~96298% ~~417~~322.~~63727069~~61478772 0.~~34708820~~25889326 0.00000000 0.00000000 1-B-1 4,691,500.00 7.~~64600~~63805% ~~871~~757.~~34136417~~00114889 54.~~55189598~~81834381 0.00000000 0.00000000 1-B-2 3,909,400.00 7.~~64600~~63805% ~~871~~757.~~34136440~~00114851 54.~~55189543~~81834553 0.00000000 0.00000000 1-B-3 2,033,000.00 7.~~64600~~63805% ~~871~~757.~~34136252~~00115101 54.~~55189375~~81834235 0.00000000 0.00000000 1-B-4 1,407,500.00 7.~~64600~~63805% ~~871~~757.~~34136412~~00115098 54.~~55189343~~81834458 0.00000000 0.00000000 1-B-5 1,094,600.00 7.~~64600~~63805% ~~871~~757.~~34136671~~00115111 54.~~55189110~~81834460 0.00000000 0.00000000 1-B-6 938,455.00 7.~~64600~~63805% ~~871~~757.~~34104459~~00087910 54.~~55189114~~81834505 0.00000000 0.00000000 R-1 50.00 7.~~50370~~49946% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 7.~~50370~~49946% 0.00000000 0.00000000 0.00000000 0.00000000 R-X 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 11,955,500.00 6.~~92261~~90595% ~~937~~828.~~32549622~~83757852 54.~~40728200~~76992514 0.00000000 0.00000000 2-B-2 5,230,500.00 6.~~92261~~90595% ~~937~~828.~~32549661~~83757958 54.~~40728229~~76992448 0.00000000 0.00000000 2-B-3 5,230,500.00 6.~~92261~~90595% ~~937~~828.~~32549661~~83757958 54.~~40728229~~76992448 0.00000000 0.00000000 2-B-4 4,483,300.00 6.~~92261~~90595% ~~937~~828.~~32549684~~83757946 54.~~40728258~~76992617 0.00000000 0.00000000 2-B-5 1,494,400.00 6.~~92261~~90595% ~~937~~828.~~32549518~~83758030 54.~~40728051~~76992773 0.00000000 0.00000000 2-B-6 1,494,535.00 6.~~92261~~90595% ~~937~~828.~~32549589~~83757824 54.~~40728053~~76992509 0.00000000 0.00000000 5) All Senior Classes are per $1,000 denomination, all Offered Subordinate Classes are $25,000 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 1-A-1 0.00000000 0.00000000 21.~~11772242~~57800697 0.00000000 ~~309~~246.~~68405496~~40998356 1-X-1 0.00000000 0.00000000 0.~~15313138~~11417402 0.00000000 ~~309~~246.~~68405496~~40998356 1-A-2 0.00000000 0.00000000 1.~~59731721~~13017637 0.00000000 ~~198~~147.~~36231202~~75031323 1-A-3 0.00000000 0.00000000 32.~~52457902~~37528934 0.00000000 ~~416~~323.~~76761066~~14381805 2-A-1 0.00000000 0.00000000 21.~~40928317~~85663451 0.00000000 ~~370~~292.~~43554440~~33461007 2-A-2A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 0.00000000 0.00000000 10.~~95874475~~36167512 0.00000000 ~~238~~0.~~69023037~~00000000 2-A-2C 0.00000000 0.00000000 4.95833330 0.00000000 ~~1000~~971.~~00000000~~14499176 2-X-2 0.00000000 0.00000000 0.~~34708820~~25889326 0.00000000 ~~370~~292.~~43554439~~33461008 1-B-1 0.00000000 0.00000000 54.~~55189598~~81834381 0.00000000 ~~807~~722.~~33136097~~89049131 1-B-2 0.00000000 0.00000000 54.~~55189543~~81834553 0.00000000 ~~807~~722.~~33136031~~89049215 1-B-3 0.00000000 0.00000000 54.~~55189375~~81834235 0.00000000 ~~807~~722.~~33136252~~89049188 1-B-4 0.00000000 0.00000000 54.~~55189343~~81834458 0.00000000 ~~807~~722.~~33136057~~89049378 1-B-5 0.00000000 0.00000000 54.~~55189110~~81834460 0.00000000 ~~807~~722.~~33136305~~89048968 1-B-6 0.00000000 0.00000000 54.~~55189114~~81834505 0.00000000 ~~807~~722.~~33107075~~89022915 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 0.00000000 0.00000000 54.~~40728200~~76992514 0.00000000 ~~885~~790.~~06302706~~49771486 2-B-2 0.00000000 0.00000000 54.~~40728229~~76992448 0.00000000 ~~885~~790.~~06302648~~49771532 2-B-3 0.00000000 0.00000000 54.~~40728229~~76992448 0.00000000 ~~885~~790.~~06302648~~49771532 2-B-4 0.00000000 0.00000000 54.~~40728258~~76992617 0.00000000 ~~885~~790.~~06302723~~49771374 2-B-5 0.00000000 0.00000000 54.~~40728051~~76992773 0.00000000 ~~885~~790.~~06302864~~49771146 2-B-6 0.00000000 0.00000000 54.~~40728053~~76992509 0.00000000 ~~885~~790.~~06302629~~49771334 (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 9256,~~449~~753,~~202~~336.7745 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 8253,~~486~~325.9165 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 9256,~~531~~806,~~689~~662.6810 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~230~~178,~~290~~092.1996 Payment of Interest and Principal 9256,~~301~~628,~~399~~569.4914 Total Withdrawals (Pool Distribution Amount) 9256,~~531~~806,~~689~~662.6810 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~157~~121,~~578~~779.5569 Supplemental PMI 7256,~~711~~313.6427 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~230~~178,~~290~~092.1996

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 2413 0 0 0 2413 95,~~756~~017,~~503~~859.5198 0.00 0.00 0.00 95,~~756~~017,~~503~~859.5198 60 Days 42 0 0 0 42 1,~~589~~098,173.5514 0.00 0.00 0.00 1,~~589~~098,173.5514 90 Days 01 0 0 0 01 0477,118.0005 0.00 0.00 0.00 0477,118.0005 120 Days 12 0 0 0 12 ~~288~~761,~~237~~596.0331 0.00 0.00 0.00 ~~288~~761,~~237~~596.0331 150 Days 10 0 0 0 10 ~~329,754~~0.6100 0.00 0.00 0.00 ~~329,754~~0.6100 180+ Days 01 0 0 0 01 0329,754.0061 0.00 0.00 0.00 0329,754.0061 Totals 3019 0 0 0 3019 117,~~963~~684,~~668~~502.7009 0.00 0.00 0.00 117,~~963~~684,~~668~~502.7009 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 10.~~392919~~940666% 0.000000% 0.000000% 0.000000% 10.~~392919~~940666% 10.~~458171~~943554% 0.000000% 0.000000% 0.000000% 10.~~458171~~943554% 60 Days 0.~~232153~~144718% 0.000000% 0.000000% 0.000000% 0.~~232153~~144718% 0.~~237512~~206499% 0.000000% 0.000000% 0.000000% 0.~~237512~~206499% 90 Days 0.~~000000~~072359% 0.000000% 0.000000% 0.000000% 0.~~000000~~072359% 0.~~000000~~089717% 0.000000% 0.000000% 0.000000% 0.~~000000~~089717% 120 Days 0.~~058038~~144718% 0.000000% 0.000000% 0.000000% 0.~~058038~~144718% 0.~~043079~~143210% 0.000000% 0.000000% 0.000000% 0.~~043079~~143210% 150 Days 0.~~058038~~000000% 0.000000% 0.000000% 0.000000% 0.~~058038~~000000% 0.~~049284~~000000% 0.000000% 0.000000% 0.000000% 0.~~049284~~000000% 180+ Days 0.~~000000~~072359% 0.000000% 0.000000% 0.000000% 0.~~000000~~072359% 0.~~000000~~062007% 0.000000% 0.000000% 0.000000% 0.~~000000~~062007% Totals 1.~~741149~~374819% 0.000000% 0.000000% 0.000000% 1.~~741149~~374819% 1.~~788046~~444987% 0.000000% 0.000000% 0.000000% 1.~~788046~~444987%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 12 0 0 0 12 ~~273~~560,~~557~~115.3508 0.00 0.00 0.00 ~~273~~560,~~557~~115.3508 60 Days 10 0 0 0 10 ~~477,501~~0.6300 0.00 0.00 0.00 ~~477,501~~0.6300 90 Days 01 0 0 0 01 0477,118.0005 0.00 0.00 0.00 0477,118.0005 120 Days 10 0 0 0 10 ~~288,237~~0.0300 0.00 0.00 0.00 ~~288,237~~0.0300 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 3 0 0 0 3 1,~~039~~037,~~296~~233.0113 0.00 0.00 0.00 1,~~039~~037,~~296~~233.0113 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~510204~~282051% 0.000000% 0.000000% 0.000000% 01.~~510204~~282051% 0.~~356963~~905386% 0.000000% 0.000000% 0.000000% 0.~~356963~~905386% 60 Days 0.~~510204~~000000% 0.000000% 0.000000% 0.000000% 0.~~510204~~000000% 0.~~623089~~000000% 0.000000% 0.000000% 0.000000% 0.~~623089~~000000% 90 Days 0.~~000000~~641026% 0.000000% 0.000000% 0.000000% 0.~~000000~~641026% 0.~~000000~~771227% 0.000000% 0.000000% 0.000000% 0.~~000000~~771227% 120 Days 0.~~510204~~000000% 0.000000% 0.000000% 0.000000% 0.~~510204~~000000% 0.~~376119~~000000% 0.000000% 0.000000% 0.000000% 0.~~376119~~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 1.~~530612~~923077% 0.000000% 0.000000% 0.000000% 1.~~530612~~923077% 1.~~356170~~676613% 0.000000% 0.000000% 0.000000% 1.~~356170~~676613% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 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 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 10 0 0 0 10 ~~306,212~~0.2700 0.00 0.00 0.00 ~~306,212~~0.2700 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 10 0 0 0 10 ~~306,212~~0.2700 0.00 0.00 0.00 ~~306,212~~0.2700 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 50.~~555556~~000000% 0.000000% 0.000000% 0.000000% 50.~~555556~~000000% 30.~~286993~~000000% 0.000000% 0.000000% 0.000000% 30.~~286993~~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 50.~~555556~~000000% 0.000000% 0.000000% 0.000000% 50.~~555556~~000000% 30.~~286993~~000000% 0.000000% 0.000000% 0.000000% 30.~~286993~~000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2211 0 0 0 2211 94,~~176~~457,~~733~~744.8990 0.00 0.00 0.00 94,~~176~~457,~~733~~744.8990 60 Days 32 0 0 0 32 1,~~111~~098,~~671~~173.9214 0.00 0.00 0.00 1,~~111~~098,~~671~~173.9214 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 02 0 0 0 02 0761,596.0031 0.00 0.00 0.00 0761,596.0031 150 Days 10 0 0 0 10 ~~329,754~~0.6100 0.00 0.00 0.00 ~~329,754~~0.6100 180 Days 01 0 0 0 01 0329,754.0061 0.00 0.00 0.00 0329,754.0061 Totals 2616 0 0 0 2616 106,~~618~~647,~~160~~268.4296 0.00 0.00 0.00 106,~~618~~647,~~160~~268.4296 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~487492~~925926% 0.000000% 0.000000% 0.000000% 10.~~487492~~925926% 10.~~611455~~985867% 0.000000% 0.000000% 0.000000% 10.~~611455~~985867% 60 Days 0.~~202840~~168350% 0.000000% 0.000000% 0.000000% 0.~~202840~~168350% 0.~~195212~~242870% 0.000000% 0.000000% 0.000000% 0.~~195212~~242870% 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~~168350% 0.000000% 0.000000% 0.000000% 0.~~000000~~168350% 0.~~000000~~168433% 0.000000% 0.000000% 0.000000% 0.~~000000~~168433% 150 Days 0.~~067613~~000000% 0.000000% 0.000000% 0.000000% 0.~~067613~~000000% 0.~~057906~~000000% 0.000000% 0.000000% 0.000000% 0.~~057906~~000000% 180 Days 0.~~000000~~084175% 0.000000% 0.000000% 0.000000% 0.~~000000~~084175% 0.~~000000~~072928% 0.000000% 0.000000% 0.000000% 0.~~000000~~072928% Totals 1.~~757945~~346801% 0.000000% 0.000000% 0.000000% 1.~~757945~~346801% 1.~~864573~~470098% 0.000000% 0.000000% 0.000000% 1.~~864573~~470098% Delinquencies are stratified according to the information the Servicer has ~~proveded~~provided. All 90 day delinquencies reported are 90=+ day delinquencies.

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 8253,~~486~~325.9165

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 7.~~398054~~378408% Weighted Average Net Coupon 7.~~148054~~128408% Weighted Average Pass-Through Rate 7.~~032696~~012803% Weighted Average Maturity(Stepdown Calculation ) ~~340~~338 Beginning Scheduled Collateral Loan Count 1,~~940~~517 Number Of Loans Paid In Full ~~217~~135 Ending Scheduled Collateral Loan Count 1,~~723~~382 Beginning Scheduled Collateral Balance ~~756~~584,~~377~~542,~~123~~579.2168 Ending Scheduled Collateral Balance ~~668~~531,~~519~~342,~~456~~494.0533 Ending Actual Collateral Balance at 2830-~~Feb~~Apr-2002 ~~669~~531,~~091~~804,~~788~~274.0863 Monthly P &I Constant 54,~~402~~181,~~528~~401.8352 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~668~~531,~~519~~342,~~456~~494.0533 Scheduled Principal ~~739~~587,~~429~~240.8209 Unscheduled Principal 8752,~~118~~612,~~237~~845.3426

Group Level Collateral Statement Group Group 1 Group 1 Group 1 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.~~753700~~749460 8.~~314108~~335706 8.~~305393~~219390 Weighted Average Net Rate 7.~~503700~~499460 8.~~064108~~085707 87.~~055393~~969389 Weighted Average Maturity ~~339~~337 ~~344~~342 ~~344~~342 Beginning Loan Count ~~229~~171 3527 2216 Loans Paid In Full 3315 53 42 Ending Loan Count ~~196~~156 3024 1814 Beginning Scheduled Balance 8867,~~968~~511,~~286~~587.2204 1611,~~134~~725,~~097~~864.5633 118,~~609~~047,~~728~~604.6398 Ending scheduled Balance 7661,~~572~~816,~~838~~295.5248 1310,~~663~~453,~~381~~357.7992 97,~~309~~308,~~444~~000.8207 Record Date 0204/2830/2002 0204/2830/2002 0204/2830/2002 Principal And Interest Constant ~~653~~497,~~747~~342.0740 ~~123~~90,~~372~~082.5296 8861,~~909~~382.1478 Scheduled Principal 7861,~~885~~360.8946 118,~~588~~630.6616 86,~~556~~260.3478 Unscheduled Principal 125,~~316~~633,~~561~~931.8110 21,~~459~~263,~~127~~876.1125 2733,~~291,727~~344.4713 Scheduled Interest ~~574~~435,~~861~~981.1894 ~~111~~81,~~783~~452.86 80 55,~~352~~122.8000 Servicing Fees 1814,~~535~~064.0590 32,~~361~~442.2788 21,~~418~~676.6959 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 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 ~~556~~421,~~326~~917.1304 ~~108~~79,~~422~~009.5992 7753,~~934~~445.1141 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~~FeePass-Through Rate 7.~~503700~~499460 8.~~064108~~085706 87.~~055393~~969390

Group Level Collateral Statement Group Group 2 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.~~309015~~291847 7.~~398054~~378408 Weighted Average Net Rate 7.~~059015~~041847 7.~~148054~~128408 Weighted Average Maturity ~~336~~334 ~~340~~338 Beginning Loan Count 1,~~654~~303 1,~~940~~517 Loans Paid In Full ~~175~~115 ~~217~~135 Ending Loan Count 1,~~479~~188 1,~~723~~382 Beginning Scheduled Balance ~~639~~497,~~665~~257,~~010~~523.8033 ~~756~~584,~~377~~542,~~123~~579.2168 Ending scheduled Balance ~~568~~451,~~973~~764,~~790~~840.9286 ~~668~~531,~~519~~342,~~456~~494.0533 Record Date 0204/2830/2002 0204/2830/2002 Principal And Interest Constant 43,~~536~~532,~~500~~593.1038 54,~~402~~181,~~528~~401.8352 Scheduled Principal ~~640~~510,~~398~~988.9369 ~~739~~587,~~429~~240.8209 Unscheduled Principal 7044,~~050~~981,~~820~~693.9578 8752,~~118~~612,~~237~~845.3426 Scheduled Interest 3,~~896~~021,~~101~~604.1769 43,~~663~~594,~~099~~161.0143 Servicing Fees ~~133~~103,~~263~~595.5432 ~~157~~121,~~578~~779.5569 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 7256,~~711~~313.6427 7256,~~711~~313.6427 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 32,~~690~~861,~~125~~696.9910 43,~~432~~416,~~808~~068.8247 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.~~922610~~905949 7.~~032696~~012803

Filing Compare · BEAR STEARNS ARM TRUST MORTGAGE PASS THROUGH CERT SER 2001-2