8-K 1 sac02003.txt NOVEMBER 8K 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 25, 2002 STRUCTURED ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2002-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-82146-02 Pooling and Servicing Agreement) (Commission Pending (State or other File Number) IRS EIN jurisdiction 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 November 25, 2002 a distribution was made to holders of STRUCTURED ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2002-3 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 Mortgage Pass-Through Certificates, Series 2002-3 Trust, relating to the November 25, 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 2002-3 Trust By: Wells Fargo Bank Minnesota, NA, as Securities Administrator By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 12/4/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-3 Trust, relating to the November 25, 2002 distribution. EX-99.1

~~Option~~Structured ~~One~~Asset ~~Mortgage~~Securities ~~Loan~~Corporation ~~Trust~~Mortgage ~~Asset~~Pass-~~Backed~~Through Certificates Record Date: ~~9/30/02~~ 10/2531/02 Distribution Date: ~~OOMC~~11/25/02 SASC Series: 2002-3 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 A11A1 ~~68389FCF9~~86358RVY0 SEN 25.~~06375~~50000% ~~802~~25,~~550~~000,000.3400 1114,~~380~~576.18 0.00 1A2 86358RVZ7 SEN 2.18000% 45,~~218~~615,300.8000 982,~~435~~862.62 0.00 1A3 86358RWA1 IO 6.32000% 0.00 240,~~837~~225.8359 A20.00 ~~68389FCG7~~1A5 86358RWB9 SEN 6.50000% 5,306,929.57 28,744.07 2,550,433.~~08375~~62 1A6 86358RWC7 SEN 6.50000% ~~342~~55,~~981~~873,~~720~~892.4684 ~~595~~302,~~573~~631.4736 410,~~614~~265,~~756~~815.9971 S1A8 ~~68389FCL6~~86358RXQ5 SEN 5.50000% 48,500,000.00 222,277.79 0.00 ~~607~~1A9 86358RXR3 SEN 5.50000% 17,~~291~~730,700.6700 81,260.64 0.00 M12A1 ~~68389FCH5~~86358RWD5 ~~MEZ~~SEN 26.~~46375~~50000% 5325,~~000~~727,818.78 139,359.02 1,514,669.36 2A2 86358RWE3 SEN 6.50000% 12,781,000.00 ~~108~~69,~~815~~230.6342 0.00 M22AP ~~68389FCJ1~~86358RWF0 ~~MEZ~~PO 0.00000% 527,842.83 0.00 545.26 3A1 86358RWH6 SEN 6.50000% 6,081,150.12 32,939.56 919,208.97 3A2 86358RWJ2 SEN 6.50000% 14,045,168.23 76,077.99 339,981.40 4A1 86358RWK9 SEN 6.00000% 61,411,580.32 307,057.90 4,852,070.47 4A2 86358RWL7 SEN 2.~~94375~~48000% 4615,~~375~~352,~~000~~895.08 31,729.32 1,213,017.62 4A3 86358RWM5 IO 6.02000% 0.00 ~~113~~77,~~763~~020.6736 0.00 M3A4 ~~68389FCK8~~86358RWQ6 ~~MEZ~~SEN 36.~~66375~~40000% 3935,~~750~~000,000.00 ~~121~~186,~~361~~656.7296 0.00 CA7 ~~OPT02003C~~86358RXS1 ~~JUN~~IO 6.50000% 0.00 1,166.67 0.00 AP 86358RWS2 PO 0.00000% 61,~~624~~623,~~900~~180.40 0.00 535,~~537~~794.12 AX 86358RWT0 IO 6.50000% 0.00 18,~~329~~950.2294 0.00 R1B1 ~~OPT0203R1~~86358RWU7 ~~JUN~~SUB 6.50000% 11,059,776.31 59,904.37 9,617.79 B2 86358RWV5 SUB 6.50000% 4,705,843.92 25,488.82 4,092.29 B3 86358RWW3 SUB 6.50000% 3,529,631.30 19,118.75 3,069.43 B4 86358RXM4 SUB 6.50000% 1,409,666.99 7,635.35 1,225.87 B5 86358RXN2 SUB 6.50000% 1,645,108.20 8,910.59 1,430.62 B6 86358RXP7 SUB 6.50000% 1,657,744.78 8,979.04 1,441.61 CAP 86358RWP8 PO 0.00000% 326,162.03 0.00 527.99 CAX 86358RWN3 IO 6.50000% 0.00 14,954.47 0.00 R2IAX ~~OPT0203R2~~86358RWR4 ~~JUN~~IO 0.~~00000~~56678% 0.00 12,414.63 0.00 PAX 86358RXT9 IO 6.50000% 0.00 R360,281.90 ~~OPT0203R3~~0.00 ~~JUN~~E SEN 0.00000% 0.00 0.00 0.00 P ~~OPT02003P~~SEN ~~JUN~~ 0.00000% ~~100~~0.00 ~~261~~46,~~747~~692.1602 0.00 R 86358RWZ1 SEN 6.50000% 0.00 0.00 0.00 ALR SAC023ALR SEN 0.00000% 0.00 0.00 0.00 Totals 1394,~~291~~911,~~281,720~~391.870 82,~~726~~277,~~101~~147.3433 1421,~~050~~712,~~594~~942.8213

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A11A1 0.00 ~~793~~25,000,000.00 114,~~162~~576.5118 0.00 1A2 0.00 45,615,300.00 82,862.62 0.00 1A3 0.00 0.00 240,225.59 0.00 1A5 0.00 2,756,495.95 2,579,177.69 0.00 1A6 0.00 45,608,077.12 10,~~816~~568,~~056~~447.6307 0.00 A21A8 0.00 ~~338~~48,~~366~~500,~~963~~000.4700 5222,~~210~~277.79 0.00 1A9 0.00 17,~~330~~730,700.4600 81,260.64 0.00 S2A1 0.00 24,213,149.42 1,654,028.38 0.00 ~~607~~2A2 0.00 12,~~291~~781,000.6700 69,230.42 0.00 M12AP 0.00 527,297.57 545.26 0.00 3A1 0.00 5,161,941.15 952,148.53 0.00 3A2 0.00 13,~~000~~705,~~000~~186.83 416,059.39 0.00 ~~108~~4A1 0.00 56,~~815~~559,509.6385 5,159,128.37 0.00 M24A2 0.00 14,139,877.46 1,~~375~~244,746.94 0.00 4A3 0.00 0.00 77,020.36 0.00 A4 0.00 35,000,000.00 ~~113~~186,~~763~~656.96 0.00 A7 0.00 0.00 1,166.67 0.00 M3AP 0.00 391,~~750~~587,~~000~~386.27 35,794.12 0.00 ~~121~~AX 0.00 0.00 18,~~361~~950.7294 0.00 CB1 0.00 611,~~624~~050,~~900~~158.52 69,522.16 0.00 5B2 0.00 4,~~537~~701,~~329~~751.63 29,581.11 0.00 B3 0.00 3,526,561.86 22,188.18 0.00 R1B4 0.00 1,408,441.12 8,861.22 0.00 B5 0.00 1,643,677.58 10,341.21 0.00 R2B6 0.00 1,656,303.18 10,420.65 0.00 CAP 0.00 325,634.05 527.99 0.00 R3CAX 0.00 0.00 14,954.47 0.00 IAX 0.00 0.00 12,414.63 0.00 PAX 0.00 0.00 60,281.90 0.00 E 0.00 0.00 0.00 0.00 P 0.00 ~~100~~0.00 ~~261~~46,~~747~~692.1602 0.00 R 0.00 0.00 0.00 0.00 ALR 0.00 0.00 0.00 0.00 Totals 0.00 1373,~~277~~198,~~231,125~~449.9856 2223,~~776~~990,~~696~~089.1646 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) A11A1 ~~825~~25,~~500~~000,000.00 ~~802~~25,~~550~~000,000.3400 0.00 90.00 0.00 0.00 1A2 45,~~435~~615,~~837~~300.8300 45,615,300.00 0.00 0.00 A20.00 ~~353~~0.00 1A3 0.00 0.00 0.00 0.00 0.00 0.00 1A5 20,~~750~~000,000.00 ~~342~~5,~~981~~306,~~720~~929.4657 37,750.94 2,512,682.68 0.00 40.00 1A6 100,~~614~~076,~~756~~000.9900 55,873,892.84 151,952.28 10,113,863.44 0.00 0.00 S1A8 48,500,000.00 48,500,000.00 0.00 0.00 0.00 0.00 1A9 17,730,700.00 17,730,700.00 0.00 0.00 M10.00 530.00 2A1 30,000,000.00 5325,727,818.78 34,853.32 1,479,816.04 0.00 0.00 2A2 12,781,000.00 12,781,000.00 0.00 0.00 0.00 0.00 M22AP 46532,~~375~~046.00 527,~~000~~842.83 527.10 18.16 0.00 460.00 3A1 10,~~375~~000,000.00 6,081,150.12 16,484.90 902,724.07 0.00 0.00 3A2 15,602,000.00 14,045,168.23 6,097.16 333,884.24 0.00 0.00 M34A1 3969,~~750~~440,000.00 3961,~~750~~411,580.32 59,133.05 4,792,937.42 0.00 0.00 4A2 17,360,000.00 15,352,895.08 14,783.26 1,198,234.35 0.00 0.00 4A3 0.00 0.00 C0.00 60.00 0.00 0.00 A4 35,~~624~~000,~~900~~000.00 635,~~624~~000,~~900~~000.00 0.00 0.00 0.00 0.00 R1A7 0.00 0.00 0.00 0.00 0.00 0.00 R2AP 1,694,214.00 1,623,180.40 1,673.96 34,120.16 0.00 0.00 AX 0.00 0.00 0.00 0.00 R30.00 0.00 B1 11,133,000.00 11,059,776.31 9,617.79 0.00 0.00 0.00 B2 4,737,000.00 4,705,843.92 4,092.29 0.00 0.00 P0.00 ~~100~~B3 3,553,000.00 ~~100~~3,529,631.30 3,069.43 0.00 0.00 0.00 B4 1,419,000.00 1,409,666.99 1,225.87 0.00 0.00 ~~Totals~~0.00 B5 1,~~325~~656,000.00 1,~~000~~645,108.20 1,430.62 0.00 0.00 0.00 B6 1,~~291~~668,~~281,~~720.8000 1,657,744.78 1,441.61 0.00 140.00 0.00 CAP 329,~~050~~619.00 326,~~594~~162.8203 330.79 197.20 0.00 0.00 CAX 0.00 0.00 0.00 0.00 0.00 0.00 IAX 0.00 0.00 0.00 0.00 0.00 0.00 PAX 0.00 0.00 0.00 0.00 0.00 0.00 E 0.00 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 ALR 0.00 0.00 0.00 0.00 0.00 0.00 Totals 473,827,699.00 394,911,391.70 344,464.37 21,368,477.76 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 A11A1 90.00 25,~~435~~000,~~837~~000.8300 ~~793~~1.00000000 0.00 1A2 0.00 45,~~114~~615,~~162~~300.5100 1.00000000 0.~~96076822~~00 91A3 0.00 0.00 0.00000000 0.00 1A5 2,~~435~~550,~~837~~433.8362 A22,756,495.95 40.13782480 2,~~614~~550,~~756~~433.9962 ~~338~~1A6 10,~~366~~265,~~963~~815.4771 45,608,077.12 0.~~95651438~~45573441 410,~~614~~265,~~756~~815.9971 S1A8 0.00 48,500,000.00 1.00000000 0.00 1A9 0.00 17,730,700.00 1.00000000 0.00 M12A1 1,514,669.36 24,213,149.42 0.80710498 1,514,669.36 2A2 0.00 5312,~~000~~781,000.00 1.00000000 0.00 M22AP 545.26 527,297.57 0.0099107515 545.26 3A1 919,208.97 5,161,941.15 0.51619411 919,208.97 3A2 339,981.40 13,705,186.83 0.87842500 339,981.40 4A1 4,852,070.47 56,559,509.85 0.81450907 4,852,070.47 4A2 1,213,017.62 14,139,877.46 0.81450907 1,~~375~~213,~~000~~017.62 4A3 0.00 10.00 0.00000000 0.00 M3A4 0.00 3935,~~750~~000,000.00 1.00000000 0.00 CA7 0.00 60.00 0.00000000 0.00 AP 35,~~624~~794.12 1,~~900~~587,386.27 0.93694555 35,794.12 AX 0.00 0.00 0.00000000 0.00 B1 9,617.79 11,050,158.52 0.99255893 9,617.79 B2 4,092.29 4,701,751.63 0.99255893 4,092.29 B3 3,069.43 3,526,561.86 0.99255892 3,069.43 B4 1,225.87 1,408,441.12 0.99255893 1,225.87 B5 1,430.62 1,643,677.58 0.99255893 1,430.62 B6 1,441.61 1,656,303.18 0.99255908 1,441.61 CAP 527.99 325,634.05 0.98791044 527.99 CAX 0.00 0.00 0.00000000 0.00 R1IAX 0.00 0.00 0.00000000 0.00 R2PAX 0.00 0.00 0.00000000 0.00 R3E 0.00 0.00 0.00000000 0.00 P 0.00 ~~100~~0.00 10.00000000 0.00 R 0.00 0.00 0.00000000 0.00 ALR 0.00 0.00 0.00000000 0.00 Totals 1421,~~050~~712,~~594~~942.8213 1373,~~277~~198,~~231,125~~449.9856 0.~~96394802~~78762481 1421,~~050~~712,~~594~~942.8213

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A11A1 ~~825~~25,~~500~~000,000.00 ~~972~~1000.~~19866789~~00000000 0.00000000 110.~~43045164~~00000000 0.00000000 A21A2 ~~353~~45,~~750~~615,~~000~~300.00 ~~969~~1000.~~55963381~~00000000 0.00000000 130.~~04524944~~00000000 0.00000000 S1A3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M11A5 5320,000,000.00 265.34647850 1.88754700 125.63413400 0.00000000 1A6 100,076,000.00 558.31460930 1.51836884 101.06182741 0.00000000 1A8 48,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M21A9 4617,~~375~~730,~~000~~700.00 1000.00000000 0.00000000 0.00000000 0.00000000 M32A1 3930,~~750~~000,000.00 857.59395933 1.16177733 49.32720133 0.00000000 2A2 12,781,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C2AP 6532,~~624~~046.00 992.09998760 0.99070381 0.03413239 0.00000000 3A1 10,000,000.00 608.11501200 1.64849000 90.27240700 0.00000000 3A2 15,602,000.00 900.21588450 0.39079349 21.40009230 0.00000000 4A1 69,440,000.00 884.38335714 0.85157042 69.02271630 0.00000000 4A2 17,360,000.00 884.38335714 0.85157028 69.02271601 0.00000000 4A3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A4 35,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 R1A7 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R2AP 1,694,214.00 958.07282905 0.98804519 20.13922680 0.00000000 AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R3B1 11,133,000.00 993.42282493 0.86389922 0.00000000 0.00000000 B2 4,737,000.00 993.42282457 0.86389909 0.00000000 0.00000000 B3 3,553,000.00 993.42282578 0.86389811 0.00000000 0.00000000 B4 1,419,000.00 993.42282593 0.86389711 0.00000000 0.00000000 B5 1,656,000.00 993.42282609 0.86390097 0.00000000 0.00000000 B6 1,668,720.00 993.42297090 0.86390167 0.00000000 0.00000000 CAP 329,619.00 989.51222472 1.00355259 0.59826648 0.00000000 CAX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 IAX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 PAX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 E 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 ~~1000~~0.00000000 0.00000000 0.00000000 0.00000000 ALR 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are ~~per~~Per $1,000 ~~denomination~~Denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A11A1 0.00000000 110.~~43045164~~00000000 ~~960~~1,000.~~76821624~~00000000 01.~~96076822~~00000000 110.~~43045164~~00000000 A21A2 0.00000000 130.~~04524944~~00000000 ~~956~~1,000.~~51438437~~00000000 1.00000000 0.~~95651438~~00000000 131A3 0.~~04524944~~00000000 S0.00000000 0.00000000 0.00000000 0.00000000 1A5 0.00000000 127.52168100 137.82479750 0.13782480 127.52168100 1A6 0.00000000 M1102.58019615 455.73441305 0.45573441 102.58019615 1A8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M21A9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M32A1 0.00000000 50.48897867 807.10498067 0.80710498 50.48897867 2A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C2AP 0.00000000 1.02483620 991.07515140 0.99107515 1.02483620 3A1 0.00000000 91.92089700 516.19411500 0.51619411 91.92089700 3A2 0.00000000 21.79088578 878.42499872 0.87842500 21.79088578 4A1 0.00000000 69.87428672 814.50907042 0.81450907 69.87428672 4A2 0.00000000 69.87428687 814.50907028 0.81450907 69.87428687 4A3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R1A7 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2AP 0.00000000 21.12727200 936.94555115 0.93694555 21.12727200 AX 0.00000000 0.00000000 0.00000000 0.00000000 R30.00000000 B1 0.00000000 0.86389922 992.55892572 0.99255893 0.86389922 B2 0.00000000 0.86389909 992.55892548 0.99255893 0.86389909 B3 0.00000000 0.86389811 992.55892485 0.99255892 0.86389811 B4 0.00000000 0.86389711 992.55892882 0.99255893 0.86389711 B5 0.00000000 P0.86390097 992.55892512 0.99255893 0.86390097 B6 0.00000000 0.86390167 992.55907522 0.99255908 0.86390167 CAP 0.00000000 1~~,000~~.~~00000000~~60181907 987.91043599 0.98791044 1.60181907 CAX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 IAX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 PAX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 E 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 ALR 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 A11A1 ~~825~~25,~~500~~000,000.00 25.~~06375~~50000% ~~802~~25,~~550~~000,000.3400 1114,~~380~~583.33 0.00 0.00 1A2 45,~~218~~615,300.00 2.18000% 45,615,300.00 82,867.80 0.00 0.00 A21A3 ~~353~~0.00 6.32000% 45,~~750~~615,300.00 240,240.58 0.00 0.00 1A5 20,000,000.00 26.~~08375~~50000% ~~342~~5,~~981~~306,~~720~~929.4657 ~~595~~28,~~573~~745.4787 0.00 0.00 S1A6 100,076,000.00 6.50000% 55,873,892.84 302,650.25 0.00 0.00 1A8 48,500,000.00 5.50000% ~~132~~48,500,000.00 ~~607~~222,291.67 0.00 0.00 M11A9 5317,730,700.00 5.50000% 17,730,700.00 81,265.71 0.00 0.00 2A1 30,000,000.00 26.~~46375~~50000% 5325,727,818.78 139,359.02 0.00 0.00 2A2 12,781,000.00 6.50000% 12,781,000.00 ~~108~~69,~~815~~230.6342 0.00 0.00 M22AP 46532,~~375~~046.00 0.00000% 527,842.83 0.00 0.00 0.00 3A1 10,000,000.00 26.~~94375~~50000% 466,~~375~~081,150.12 32,939.56 0.00 0.00 3A2 15,602,000.00 ~~113~~6.50000% 14,~~763~~045,168.6723 76,077.99 0.00 0.00 M34A1 3969,~~750~~440,000.00 36.~~66375~~00000% 3961,~~750~~411,580.32 307,057.90 0.00 0.00 4A2 17,360,000.00 ~~121~~2.48000% 15,~~361~~352,895.7208 31,729.32 0.00 0.00 C4A3 0.00 6.02000% 15,~~624~~352,~~900~~895.08 77,020.36 0.00 0.00 A4 35,000,000.00 6.40000% 35,000,000.00 186,666.67 0.00 0.00 A7 0.00 6.50000% 215,384.62 1,166.67 0.00 0.00 AP 1,694,214.00 0.00000% 1,623,180.40 0.00 0.00 0.00 AX 0.00 6.50000% 3,~~624~~498,~~900~~635.29 18,950.94 0.00 0.00 B1 11,133,000.00 6.50000% 11,059,776.31 59,907.12 0.00 0.00 R1B2 4,737,000.00 6.50000% 4,705,843.92 25,489.99 0.00 0.~~00000~~00 B3 3,553,000.00 6.50000% 3,529,631.30 19,118.84 0.00 0.00 B4 1,419,000.00 6.50000% 1,409,666.99 7,635.70 0.00 0.00 R2B5 1,656,000.00 6.50000% 1,645,108.20 8,911.00 0.00 0.00 B6 1,668,720.00 6.50000% 1,657,744.78 8,979.45 0.00 0.00 CAP 329,619.00 0.00000% 326,162.03 0.00 0.00 0.00 CAX 0.00 R36.50000% 2,760,826.14 14,954.47 0.00 0.00 IAX 0.00 0.56678% 26,284,649.11 12,414.63 0.00 0.00 PAX 0.00 6.50000% 11,128,966.24 60,281.90 0.00 0.00 E 0.00 0.00000% 0.00 0.00 0.00 0.00 P ~~100~~0.00 0.00000% 0.00 0.00 0.00 0.00 R 100.00 6.50000% 0.00 0.00 0.00 0.00 ALR 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1473,~~325~~827,~~000,000~~699.000 2,~~927~~230,~~024~~537.9616 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 A11A1 7.15 0.00 114,576.18 26.60 25,000,000.00 1A2 5.17 0.00 82,862.62 19.18 45,615,300.00 1A3 14.99 0.00 240,225.59 55.86 45,615,300.00 1A5 1.79 0.00 28,~~380~~744.07 11.31 2,~~218~~756,495.8095 1A6 18.89 0.00 ~~793~~302,~~114~~631.36 88.60 45,~~162~~608,077.12 1A8 13.87 0.00 222,277.79 51.62 A248,500,000.00 1A9 5.07 0.00 81,260.64 18.87 17,730,700.00 2A1 0.00 ~~595~~0.00 139,~~573~~359.4702 0.00 ~~338~~24,~~366~~213,~~963~~149.4742 S2A2 0.00 0.00 ~~607~~69,~~291~~230.6742 0.00 ~~132~~12,~~500~~781,000.00 M12AP 0.00 0.00 ~~108~~0.00 0.00 527,~~815~~297.6357 3A1 0.00 530.00 32,939.56 0.00 5,161,941.15 3A2 0.00 0.00 76,077.99 0.00 13,705,186.83 4A1 0.00 0.00 307,057.90 0.00 56,559,509.85 4A2 0.00 0.00 31,729.32 0.00 14,139,877.46 4A3 0.00 0.00 77,020.36 0.00 14,139,877.46 A4 9.71 0.00 186,656.96 36.14 35,000,000.00 M2A7 0.00 0.00 ~~113~~1,~~763~~166.67 0.00 46215,~~375~~384.62 AP 0.00 0.00 0.00 0.00 1,~~000~~587,386.27 AX 0.00 M30.00 18,950.94 0.00 3,213,201.60 B1 2.75 0.00 ~~121~~59,~~361~~904.7237 9.37 11,050,158.52 B2 1.17 0.00 3925,~~750~~488.82 3.98 4,~~000~~701,751.63 B3 0.09 0.00 C19,118.75 0.30 3,526,561.86 B4 0.35 0.00 7,635.35 1.19 1,408,441.12 B5 0.41 0.00 58,~~537~~910.59 1.40 1,~~329~~643,677.2258 B6 0.41 0.00 68,~~624~~979.04 1.40 1,~~900~~656,303.18 CAP 0.00 R10.00 0.00 0.00 325,634.05 CAX 0.00 0.00 14,954.47 0.00 R22,440,063.10 IAX 0.00 0.00 12,414.63 0.00 24,783,916.17 PAX 0.00 0.00 R360,281.90 0.00 10,847,873.51 E 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 ~~261~~46,~~747~~692.1602 0.00 ~~100~~0.00 ~~Totals~~R 0.00 0.00 ~~8,726,101~~0.3400 0.00 0.00 ALR 0.00 0.00 0.00 0.00 0.00 Totals 81.82 0.00 2,277,147.33 325.82 (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 A11A1 ~~825~~25,~~500~~000,000.00 5.50000% 1000.00000000 4.58333320 0.00000000 0.00000000 1A2 45,615,300.00 2.~~06375~~18000% ~~972~~1000.~~19866789~~00000000 1.~~67197916~~81666678 0.00000000 0.00000000 A21A3 ~~353~~0.00 6.32000% 1000.00000000 5.26666667 0.00000000 0.00000000 1A5 20,~~750~~000,000.00 26.~~08375~~50000% ~~969~~265.~~55963381~~34647850 1.~~68359992~~43729350 0.00000000 0.00000000 S1A6 100,076,000.00 6.50000% 558.31460930 3.02420410 0.00000000 0.00000000 1A8 48,500,000.00 5.50000% 1000.00000000 4.~~58333336~~58333340 0.00000000 0.00000000 M11A9 5317,730,700.00 5.50000% 1000.00000000 4.58333343 0.00000000 0.00000000 2A1 30,000,000.00 26.~~46375~~50000% 857.59395933 4.64530067 0.00000000 0.00000000 2A2 12,781,000.00 6.50000% 1000.00000000 25.~~05312509~~41666693 0.00000000 0.00000000 M22AP 46532,~~375~~046.00 0.00000% 992.09998760 0.00000000 0.00000000 0.00000000 3A1 10,000,000.00 26.~~94375~~50000% ~~1000~~608.11501200 3.29395600 0.00000000 0.00000000 3A2 15,602,000.00 6.50000% 900.21588450 4.87616908 0.00000000 0.00000000 4A1 69,440,000.00 6.00000% 884.38335714 4.42191676 0.00000000 0.00000000 4A2 17,360,000.00 2.~~45312496~~48000% 884.38335714 1.82772581 0.00000000 0.00000000 M34A3 390.00 6.02000% 884.38335714 4.43665668 0.00000000 0.00000000 A4 35,~~750~~000,000.00 36.~~66375~~40000% 1000.00000000 35.~~05312503~~33333343 0.00000000 0.00000000 CA7 0.00 6.50000% 117.64714044 0.63725715 0.00000000 0.00000000 AP 1,~~624~~694,~~900~~214.00 0.00000% ~~1000~~958.07282905 0.00000000 0.00000000 0.00000000 AX 0.00 6.50000% 694.55539850 3.76217485 0.00000000 R10.00000000 B1 11,133,000.00 6.50000% 993.42282493 5.38104015 0.00000000 0.00000000 B2 4,737,000.00 6.50000% 993.42282457 5.38104074 0.~~00000~~00000000 0.00000000 B3 3,553,000.00 6.50000% 993.42282578 5.38104137 0.00000000 0.00000000 B4 1,419,000.00 6.50000% 993.42282593 5.38104299 0.00000000 0.00000000 R2B5 1,656,000.00 6.50000% 993.42282609 5.38103865 0.00000000 0.00000000 B6 1,668,720.00 6.50000% 993.42297090 5.38104056 0.00000000 0.00000000 CAP 329,619.00 0.00000% 989.51222472 0.00000000 0.00000000 0.00000000 CAX 0.00 6.50000% 824.80058794 4.46766838 0.00000000 R30.00000000 IAX 0.00 0.56678% 854.17902258 0.40344143 0.00000000 0.00000000 PAX 0.00 6.50000% 747.71576073 4.05012701 0.00000000 0.00000000 E 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 6.50000% 0.00000000 0.00000000 0.00000000 0.00000000 ALR 0.00 0.00000% ~~1000~~0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are ~~per~~Per $1,000 ~~denomination~~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 A11A1 0.00028600 0.00000000 4.58304720 0.00106400 1000.00000000 1A2 0.00011334 0.00000000 1.~~67197916~~81655322 0.00042047 1000.00000000 ~~960~~1A3 0.~~76821624~~00032862 A20.00000000 5.26633805 0.00122459 1000.00000000 1A5 0.00008950 0.00000000 1.~~68359992~~43720350 0.~~00000000~~00056550 ~~956~~137.~~51438437~~82479750 S1A6 0.00018876 0.00000000 3.02401535 0.00088533 455.73441305 1A8 0.00028598 0.00000000 4.~~58333336~~58304722 0.00106433 1000.00000000 1A9 0.00028594 0.00000000 4.58304748 0.00106426 1000.00000000 M12A1 0.00000000 0.00000000 24.~~05312509~~64530067 0.00000000 807.10498067 2A2 0.00000000 0.00000000 5.41666693 0.00000000 1000.00000000 M22AP 0.00000000 0.00000000 20.~~45312496~~00000000 0.00000000 991.07515140 3A1 0.00000000 0.00000000 3.29395600 0.00000000 516.19411500 3A2 0.00000000 0.00000000 4.87616908 0.00000000 878.42499872 4A1 0.00000000 0.00000000 4.42191676 0.00000000 814.50907042 4A2 0.00000000 0.00000000 1.82772581 0.00000000 814.50907028 4A3 0.00000000 0.00000000 4.43665668 0.00000000 814.50907028 A4 0.00027743 0.00000000 5.33305600 0.00103257 1000.00000000 M3A7 0.00000000 0.00000000 0.63725715 0.00000000 117.64714044 AP 0.00000000 0.00000000 0.00000000 0.00000000 936.94555115 AX 0.00000000 0.00000000 3.~~05312503~~76217485 0.00000000 ~~1000~~637.89058669 B1 0.00024701 0.00000000 C5.38079314 0.00084164 992.55892572 B2 0.00024699 0.00000000 5.38079375 0.00084019 992.55892548 B3 0.00002533 0.00000000 ~~835~~5.~~83589488~~38101604 0.00008444 992.55892485 B4 0.00024665 0.00000000 ~~1000~~5.38079634 0.00083862 992.55892882 B5 0.00024758 0.00000000 R15.38079106 0.00084541 992.55892512 B6 0.00024570 0.00000000 5.38079486 0.00083897 992.55907522 CAP 0.00000000 0.00000000 0.00000000 0.00000000 R2987.91043599 CAX 0.00000000 0.00000000 4.46766838 0.00000000 728.97219073 IAX 0.00000000 0.00000000 R30.40344143 0.00000000 805.40931710 PAX 0.00000000 0.00000000 4.05012701 0.00000000 728.83013740 E 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 ~~2617471~~0.~~60000000~~00000000 0.00000000 ~~1000~~0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 ALR 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~~Certificateholder ~~ACCOUNT~~Component ~~STATEMENT~~Statement ~~CERTIFICATE~~Component ~~ACCOUNT~~Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage A4_1 6.40000% 0.00 ~~Deposits~~0.00 ~~Payments~~29,170,000.00 of29,170,000.00 ~~Interest~~100.00000000% ~~and~~A4_2 ~~Principal~~6.40000% 230.00 0.00 1,~~489~~500,~~539~~000.5700 ~~Liquidations~~1,500,000.00 ~~Insurance~~100.00000000% ~~Proceeds~~A4_3 6.40000% 0.00 0.00 3,000,000.00 ~~Reserve~~3,000,000.00 ~~Funds~~100.00000000% A4_4 6.40000% 0.00 0.00 1,330,000.1300 ~~Proceeds~~1,330,000.00 ~~from~~100.00000000% ~~Repurchased~~A7_1 ~~Loans~~6.50000% 179,507.69 179,507.69 0.00 ~~Other~~0.00 ~~Amounts~~11.76470870% ~~(Servicer~~A7_2 ~~Advances)~~6.50000% 9,230.77 9,230.77 0.00 ~~Realized~~0.00 ~~Losses~~11.76478760% A7_3 6.50000% 18,461.54 18,461.54 0.00 ~~Prepayment~~0.00 ~~Penalties~~11.76471263% ~~261~~A7_4 6.50000% 8,~~747~~184.1662 ~~Total~~8,184.62 ~~Deposits~~0.00 230.00 11.76475154% AP_1 0.00000% 0.00 0.00 1,~~751~~257,~~287~~862.8627 ~~Withdrawals~~1,222,445.22 ~~Reimbursement~~92.94429707% ~~for~~AP_3 ~~Servicer~~0.00000% ~~Advances~~0.00 0.00 ~~Payment~~365,318.13 of364,941.05 ~~Service~~96.29839116% ~~Fee~~AX_1 ~~974~~6.50000% 3,~~591~~064,249.7095 ~~Payment~~2,953,934.32 of0.00 ~~Interest~~0.00 ~~and~~77.24075254% ~~Principal~~AX_3 226.50000% 434,~~776~~385.34 259,~~696~~267.28 0.00 0.00 21.37565803% IAX_1 0.73436% 12,998,328.40 12,987,496.09 0.00 0.00 78.86048427% IAX_2 0.40283% 13,286,320.71 11,796,420.08 0.00 0.00 82.47587219% PAX_1 6.50000% 7,202,144.16 ~~Total~~6,923,944.72 ~~Withdrawals~~0.00 ~~(Pool~~0.00 ~~Distribution~~69.31890052% ~~Amount)~~PAX_2 236.50000% 3,~~751~~519,~~287~~619.8662 ~~Ending~~3,517,273.69 ~~Balance~~0.00 0.00 80.09624670% PAX_3 6.50000% 407,202.46 406,655.09 0.00 0.00 80.66856772%

~~PREPAYMENT/CURTAILMENT~~CERTIFICATEHOLDER ~~INTEREST~~ACCOUNT ~~SHORTFALL~~STATEMENT ~~Total~~CERTIFICATE ~~Prepayment/Curtailment~~ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest ~~Shortfall~~and Principal 24,047,707.89 Liquidations, Insurance Proceeds, Reserve Funds 0.00 ~~Servicing~~Proceeds ~~Fee~~from ~~Support~~Repurchased Loans 0.00 ~~Non-Supported~~Other Amounts (Servicer Advances) 106,054.83 Realized Losses 0.00 Prepayment~~/Curtailment~~ Penalties 0.00 Total Deposits 24,153,762.72 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 163,673.26 Payment of Interest ~~Shortfall~~and Principal 23,990,089.46 Total Withdrawals (Pool Distribution Amount) 24,153,762.72 Ending Balance 0.00

~~SERVICING~~PREPAYMENT/CURTAILMENT ~~FEES~~INTEREST ~~Gross~~SHORTFALL ~~Servicing~~Total ~~Fee~~Prepayment/Curtailment ~~322,820.35~~Interest ~~Radian~~Shortfall ~~PMI~~0.00 ~~Policy~~Servicing Fee ~~648,550.88~~Support ~~Wells Fargo 3,220~~0.4700 Non-Supported Prepayment/Curtailment Interest Shortfall 081.~~00 Net Servicing Fee 974,591.70~~82

~~OTHER~~SERVICING ~~ACCOUNTS~~FEES ~~Beginning~~Gross ~~Current~~Servicing ~~Current~~Fee ~~Ending~~160,885.21 ~~Account~~A4-MBIA ~~Type~~Insurance ~~Balance~~Premium ~~Withdrawals~~1,750.00 ~~Deposits~~LPMI ~~Balance~~Insurance ~~Reserve~~Premium ~~Fund~~ 1,~~000~~038.0005 ~~1.13~~Supported 1Prepayment/Curtailment Interest Shortfall 0.1300 1Net Servicing Fee 163,~~000~~673.0026

~~LOAN~~OTHER ~~STATUS~~ACCOUNTS ~~STRATIFICATION/CREDIT~~Beginning ~~ENHANCEMENT~~Current ~~STATEMENT~~Current ~~DELINQUENCY~~Ending ~~STATUS~~Account ~~DELINQUENT~~Type ~~BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal~~ Balance ~~Principal~~Withdrawals ~~Balance~~Deposits ~~Principal~~ Balance ~~Principal~~Financial ~~Balance~~Guaranty ~~Principal Balance~~ 0~~-29 Days 11 3 0 14 1,589,796~~.4500 ~~248,827.61~~ 0.00 ~~1,838,624.06 30 Days 160 2 2~~ 0 ~~164 21,426,467~~.~~12 314,561.42 284,263.69 0.~~00 ~~22,025,292.23 60 Days 9 4 48~~ 0 ~~61 1,138,375~~.~~26 714,624.71 7,146,619.50 0.~~00 ~~8,999,619.47~~Reserve 90Fund ~~Days 3 9 75 2 89 395,270.02 963,568.99 8,997,777.14 150,123.12~~ 10,~~506,739~~000.~~27 120 Days 0 0 0 0 0 0.~~00 0.00 0.00 010,000.00 ~~0.00~~Reserve ~~150~~Fund ~~Days 0 0 0 0 0 0~~999.0099 0.00 0.00 0999.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 172 26 128 2 328 22,960,112.40 3,582,551.57 16,677,487.94 150,123.12 43,370,275.03 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 0.119813% 0.032676% 0.000000% 0.152489% 0.124442% 0.019477% 0.000000% 0.143919% 30 Days 1.742730% 0.021784% 0.021784% 0.000000% 1.786298% 1.677166% 0.024622% 0.022251% 0.000000% 1.724040% 60 Days 0.098029% 0.043568% 0.522819% 0.000000% 0.664416% 0.089107% 0.055938% 0.559405% 0.000000% 0.704449% 90 Days 0.032676% 0.098029% 0.816904% 0.021784% 0.969393% 0.030940% 0.075424% 0.704305% 0.011751% 0.822420% 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 1.873434% 0.283194% 1.394184% 0.021784% 3.572596% 1.797213% 0.280426% 1.305438% 0.011751% 3.394828%99

~~Delinquency~~LOAN ~~Status~~STATUS BySTRATIFICATION/CREDIT ~~Groups~~ENHANCEMENT STATEMENT DELINQUENCY STATUS 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 20 10 0 30 ~~171,365~~0.7700 ~~69,839~~0.2200 0.00 ~~241,204~~0.9900 30 Days 1924 0 0 0 1924 27,~~117~~930,~~850~~672.3522 0.00 0.00 0.00 27,~~117~~930,~~850~~672.3522 60 Days ~~3 0~~ 7 0 ~~10 318,473.11~~ 0~~.00~~ ~~707,409.42~~ 0~~.00~~ ~~1,025,882.53~~7 ~~90 Days 0 3 8~~ 1 ~~12 0.00 300~~,~~644.89 750~~731,~~853~~469.1848 ~~67,101.71 1,118,599.78 120 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 22 5 16~~ 1 ~~44 2~~,~~436~~731,~~323~~469.4648 472,010.66 1,528,101.82 67,101.71 4,503,537.65 0-29 Days 0.154321% 0.077160% 0.000000% 0.231481% 0.107765% 0.043919% 0.000000% 0.151684% 30 Days 1.466049% 0.000000% 0.000000% 0.000000% 1.466049% 1.331833% 0.000000% 0.000000% 0.000000% 1.331833% 60 Days 0.231481% 0.000000% 0.540123% 0.000000% 0.771605% 0.200275% 0.000000% 0.444862% 0.000000% 0.645137% 90 Days ~~0.000000%~~6 0~~.231481%~~ 0~~.617284%~~ 0~~.077160%~~ ~~0.925926%~~6 0.000000% 0.189064% 0.472182% 0.042198% 0.703444% 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 1,998,822.~~697531%~~34 0.385802% 1.234568% 0.077160% 3.395062% 1.532108% 0.296829% 0.960963% 0.042198% 2.832098% 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 01,998,822.0034 ~~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 03 0 0 0 03 0573,914.0002 0.00 0.00 0.00 0573,914.0002 150 Days 01 0 0 0 01 0461,331.0058 0.00 0.00 0.00 0461,331.0058 180+ Days 08 0 0 0 08 02,761,659.0068 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 3 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 9 2 ~~0 11 1~~,~~418~~761,~~430~~659.68 ~~178,988.39~~Totals ~~0.00~~49 ~~1,597,419.07 30 Days 141 2 2~~ 0 ~~145 19,308,616.77 314,561.42 284,263.69~~ 0~~.00~~ ~~19,907,441.88 60 Days 6 4 41~~ 0 5149 ~~819,902.~~15 ~~714~~,~~624.71 6~~457,~~439,210~~869.0832 0.00 ~~7,973,736.94 90 Days 3 6 67 1 77 395,270.02 662,924.10 8,246,923.96 83,021.41 9,388,139.49 120 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 150 21 112 1 284 20,523,788.94 3,110,540.91~~ 15,~~149~~457,~~386~~869.1232 83,021.41 38,866,737.38 0-29 Days 1.530612% 0.340136% 0.000000% 1.870748% 2.078716% 0.262308% 0.000000% 2.341024% 30 Days 23.979592% 0.340136% 0.340136% 0.000000% 24.659864% 28.296852% 0.460991% 0.416590% 0.000000% 29.174433% 60 Days 1.020408% 0.680272% 6.972789% 0.000000% 8.673469% 1.201570% 1.047285% 9.436687% 0.000000% 11.685542% 90 Days 0.510204% 1.020408% 11.394558% 0.170068% 13.095238% 0.579270% 0.971518% 12.085899% 0.121668% 13.758355% 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 25.510204% 3.571429% 19.047619% 0.170068% 48.299320% 30.077692% 4.558510% 22.201484% 0.121668% 56.959353% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 4 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 02.~~000000~~348337% 0.000000% 0.000000% 0.000000% 02.~~000000~~348337% 02.~~000000~~123300% 0.000000% 0.000000% 0.000000% 02.~~000000~~123300% 60 Days 0.~~000000~~684932% 0.000000% 0.000000% 0.000000% 0.~~000000~~684932% 0.~~000000~~463571% 0.000000% 0.000000% 0.000000% 0.~~000000~~463571% 90 Days 0.~~000000~~587084% 0.000000% 0.000000% 0.000000% 0.~~000000~~587084% 0.~~000000~~535150% 0.000000% 0.000000% 0.000000% 0.~~000000~~535150% 120 Days 0.~~000000~~293542% 0.000000% 0.000000% 0.000000% 0.~~000000~~293542% 0.~~000000~~153656% 0.000000% 0.000000% 0.000000% 0.~~000000~~153656% 150 Days 0.~~000000~~097847% 0.000000% 0.000000% 0.000000% 0.~~000000~~097847% 0.~~000000~~123514% 0.000000% 0.000000% 0.000000% 0.~~000000~~123514% 180+ Days 0.~~000000~~782779% 0.000000% 0.000000% 0.000000% 0.~~000000~~782779% 0.~~000000~~739386% 0.000000% 0.000000% 0.000000% 0.~~000000~~739386% Totals 04.~~000000~~794521% 0.000000% 0.000000% 0.000000% 04.~~000000~~794521% 04.~~000000~~138576% 0.000000% 0.000000% 0.000000% 04.~~000000~~138576% (7) Deliquencies are stratified according to the information the Servicer has provided. All 90+ delinquencies are reported in the 90 day delinquency field. Group 1 is reported in the Group 1 and Group 2 is reported in the Group 3 section.

~~OTHER~~Delinquency ~~INFORMATION~~Status ~~Current~~By ~~Period~~Groups ~~Class~~DELINQUENT ABANKRUPTCY ~~Insufficient~~FORECLOSURE ~~Funds~~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 16 0 0 0 16 4,466,819.27 0.00 0.00 0.00 4,466,819.27 60 Days 5 0 0 0 5 990,598.17 0.00 0.00 0.00 990,598.17 90 Days 5 0 0 0 5 1,526,885.98 0.00 0.00 0.00 1,526,885.98 120 Days 2 0 0 0 2 248,425.31 0.00 0.00 0.00 248,425.31 150 Days 1 0 0 0 1 461,331.58 0.00 0.00 0.00 461,331.58 180 Days 8 0 0 0 8 2,761,659.68 0.00 0.00 0.00 2,761,659.68 Totals 37 0 0 0 37 10,455,719.99 0.00 0.00 0.00 10,455,719.99 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.435312% 0.000000% 0.000000% 0.000000% 2.435312% 1.932641% 0.000000% 0.000000% 0.000000% 1.932641% 60 Days 0.761035% 0.000000% 0.000000% 0.000000% 0.761035% 0.428598% 0.000000% 0.000000% 0.000000% 0.428598% 90 Days 0.761035% 0.000000% 0.000000% 0.000000% 0.761035% 0.660632% 0.000000% 0.000000% 0.000000% 0.660632% 120 Days 0.304414% 0.000000% 0.000000% 0.000000% 0.304414% 0.107485% 0.000000% 0.000000% 0.000000% 0.107485% 150 Days 0.152207% 0.000000% 0.000000% 0.000000% 0.152207% 0.199603% 0.000000% 0.000000% 0.000000% 0.199603% 180 Days 1.217656% 0.000000% 0.000000% 0.000000% 1.217656% 1.194877% 0.000000% 0.000000% 0.000000% 1.194877% Totals 5.631659% 0.000000% 0.000000% 0.000000% 5.631659% 4.523836% 0.000000% 0.000000% 0.000000% 4.523836% 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 5 0 0 0 5 2,431,041.78 0.00 0.00 0.00 2,431,041.78 60 Days 1 0 0 0 1 377,132.29 0.00 0.00 0.00 377,132.29 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 1 0 0 0 1 325,488.71 0.00 0.00 0.00 325,488.71 150 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 7 0 0 0 7 3,133,662.78 0.00 0.00 0.00 3,133,662.78 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 4.761905% 0.000000% 0.000000% 0.000000% 4.761905% 5.865190% 0.000000% 0.000000% 0.000000% 5.865190% 60 Days 0.952381% 0.000000% 0.000000% 0.000000% 0.952381% 0.909878% 0.000000% 0.000000% 0.000000% 0.909878% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.952381% 0.000000% 0.000000% 0.000000% 0.952381% 0.785282% 0.000000% 0.000000% 0.000000% 0.785282% 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 6.666667% 0.000000% 0.000000% 0.000000% 6.666667% 7.560350% 0.000000% 0.000000% 0.000000% 7.560350% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 3 No of ~~Contaminated~~Loans ~~Properties~~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 ~~Periodic~~0.00 ~~Advance~~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 1 0 0 0 1 471,936.36 0.00 0.00 0.00 471,936.36 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 0 0 1 471,936.36 0.00 0.00 0.00 471,936.36 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 1.666667% 0.000000% 0.000000% 0.000000% 1.666667% 1.983083% 0.000000% 0.000000% 0.000000% 1.983083% 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 1.666667% 0.000000% 0.000000% 0.000000% 1.666667% 1.983083% 0.000000% 0.000000% 0.000000% 1.983083% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 4 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 3 0 0 0 3 1,032,811.17 0.00 0.00 0.00 1,032,811.17 60 Days 1 0 0 0 1 363,739.02 0.00 0.00 0.00 363,739.02 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 4 0 0 0 4 1,396,550.19 0.00 0.00 0.00 1,396,550.19 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.500000% 0.000000% 0.000000% 0.000000% 1.500000% 1.338964% 0.000000% 0.000000% 0.000000% 1.338964% 60 Days 0.500000% 0.000000% 0.000000% 0.000000% 0.500000% 0.471561% 0.000000% 0.000000% 0.000000% 0.471561% 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 2.000000% 0.000000% 0.000000% 0.000000% 2.000000% 1.810526% 0.000000% 0.000000% 0.000000% 1.810526%

~~COLLATERAL~~OTHER ~~STATEMENT~~INFORMATION ~~Collateral~~Current ~~Description~~Period ~~Mixed~~Class ~~Fixed~~A &Insufficient ~~Arm~~Funds Weighted Average Gross Coupon 8.771750% Weighted Average Net Coupon 8.471750% Weighted Average Pass-Through Rate 7.866052% Weighted Average Maturity(Stepdown Calculation ) 346 Beginning Scheduled Collateral Loan Count 9,270 Number Of Loans Paid In Full 89 Ending Scheduled Collateral Loan Count 9,181 Beginning Scheduled Collateral Balance 1,291,281,720.80 Ending Scheduled Collateral Balance 1,277,231,125.98 Ending Actual Collateral Balance at 30-Sep-2002 1,277,539,757.10 Monthly P &I Constant 10,279,262.92 Special Servicing Fee 0.00 ~~Prepayment~~Principal ~~Penalties~~Balance ~~261,747.16~~of ~~Realized~~Contaminated ~~Loss~~Properties ~~Amount~~ 0.00 ~~Cumulative~~Periodic ~~Realized~~Advance ~~Loss 0.00 Ending Scheduled Balance for Premium Loans 1~~106,~~277,231,125~~054.~~98 Scheduled Principal 840,262.44 Unscheduled Principal 13,210,332.38~~83

~~Miscellaneous~~CREDIT ~~Reporting~~ENHANCEMENT ~~General~~Original ~~Excess~~$ ~~Available~~Original ~~Amt~~% ~~5,537,329.22~~Current ~~Extra~~$ ~~Principal~~Current ~~Distribution~~% ~~Amt~~Bankruptcy 138,987.00 0.02933281% 138,987.00 ~~Overcollateralization~~0.03724212% ~~Amt~~Fraud 69,~~624~~456,~~900~~554.00 ~~Excess~~1.99577906% ~~Overcollateralized Amt 0~~9,456,554.00 ~~Overcollateralization~~2.53392103% ~~Deficit~~Special ~~Amt~~Hazard 07,989,228.00 ~~Overcollateralization~~1.68610405% ~~Increase Amt 0~~4,000,000.00 ~~Overcollateralization~~1.07181581% ~~Release~~Limit ~~Amt~~of ~~0.00~~Subordinate's ~~Target~~Exposure ~~Overcollateralization~~to ~~Amt~~Certain ~~6,624,900.00~~Types of Losses

~~Group~~COLLATERAL ~~Level~~STATEMENT Collateral ~~Statement Group Group 1 Group 2 Group 3 Collateral~~ Description ~~Fixed 30 Year~~ Mixed ~~ARM~~ Fixed ~~30 Year~~ Weighted Average Gross Coupon ~~Rate 8~~7.~~739759~~275183% ~~8.784352 8.890854~~ Weighted Average ~~Net~~Pass-Through Rate 86.~~439759~~783154% ~~8.484352 8.590855~~ Weighted Average Maturity(Stepdown ~~346~~Calculation) 346 ~~346~~ Beginning Scheduled Collateral Loan Count 1,~~310~~071 ~~5,390~~Number ~~598~~Of Loans Paid In Full 1449 46Ending 10Scheduled ~~Ending~~Collateral Loan Count 1,~~296~~022 ~~5,344 588~~ Beginning Scheduled Collateral Balance ~~161~~394,~~409~~911,~~055~~392.7548 ~~743,168,944.59 69,513,386.67~~ Ending ~~scheduled~~Scheduled Collateral Balance ~~158~~373,~~985~~198,~~335~~450.4036 ~~736,156,827.11~~Ending ~~68,224,175.74~~Actual ~~Record~~Collateral ~~Date~~Balance ~~09/30/2002~~at ~~09/30/~~31-Oct-2002 ~~09/30/2002 Principal And Interest Constant 1~~373,~~310~~506,~~428~~927.8434 ~~5,891,136.70~~Monthly ~~575,327.22~~P&I ~~Scheduled~~Constant ~~Principal 134,865.31 450,921.80 60,299.43 Unscheduled Principal~~ 2,~~288~~738,~~855~~674.~~04 6,561,195.68 1,228,911.50 Scheduled Interest 1,175,563.53 5,440,214.90 515,027.~~79 ~~Servicing~~Special ~~Fees 40,352.24 185,792.17 17,378.36 Master~~ Servicing ~~Fees 0.00 0.00 0.00 Trustee~~ Fee ~~401.85 1,853.62 173.29 FRY Amount~~ 0.00 ~~0.00~~Prepayment ~~0.00~~Penalties ~~Special Hazard Fee~~ 0.00 0.00 0.00 Other Fee 96,703.75 358,955.90 39,539.93 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 1,135,211.34 5,254,422.56 497,649.51 Realized Loss Amount 0.00 ~~0.00 0.00~~ Cumulative Realized Loss 0.00 ~~0.00~~Class ~~0.00~~A ~~Percentage~~Non-PO ofOptimal ~~Cumulative~~Amount ~~Losses 0~~23,719,898.0009 ~~0.00~~Class ~~0.00~~AP ~~Prepayment~~Deferred ~~Penalties~~Amount 0.00 ~~0.00~~Scheduled ~~0.00~~Principal ~~Special Servicing Fee 0~~344,464.0036 ~~0.00~~Unscheduled ~~0.00~~Principal ~~Pass-Through Rate 7~~21,368,477.~~717824 7.901750 7.905292~~76

Group Level Collateral Statement Group Group 41 ~~Total~~Group 2 Group 3 Collateral Description Mixed ~~ARM~~Fixed Mixed Fixed &Mixed ~~Arm~~Fixed Weighted Average Coupon Rate 87.~~732401~~407645 87.~~771750~~327660 6.986349 Weighted Average Net Rate 87.~~432401~~157645 87.~~471750~~077659 6.736351 Weighted Average Maturity ~~346~~345 ~~346~~344 347 Beginning Loan Count ~~1,972~~684 ~~9,270~~107 64 Loans Paid In Full 1927 892 4 Ending Loan Count ~~1,953~~657 ~~9,181~~105 60 Beginning Scheduled Balance ~~317~~243,~~190~~803,~~333~~158.7937 142,~~291~~929,~~281~~661.98 25,~~720~~038,523.80 Ending scheduled Balance ~~313~~230,~~864~~938,~~787~~676.7343 141,~~277~~412,~~231~~362.72 23,~~125~~777,445.9887 Record Date 0910/3031/2002 0910/3031/2002 10/31/2002 Principal And Interest Constant 21,~~502~~708,~~370~~831.1642 10299,~~279~~610.02 170,~~262~~233.9213 Scheduled Principal ~~194~~203,~~175~~825.9037 ~~840~~37,~~262~~465.4406 24,459.91 Unscheduled Principal 312,~~131~~660,~~370~~656.1657 131,~~210~~479,~~332~~834.3820 1,236,618.02 Scheduled Interest 21,~~308~~505,~~194~~006.2605 9262,~~439~~144.96 145,~~000~~773.4822 Servicing Fees 7950,~~297~~792.5834 ~~322~~8,~~820~~943.3572 5,216.31 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee ~~791~~0.7100 ~~3,220~~0.4700 0.00 FRY Amount 076,260.0027 0.00 2,351.71 Special Hazard Fee 0.00 0.00 0.00 Other Fee ~~153,351~~602.3044 ~~648,550~~0.8800 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 21,~~228~~377,~~896~~351.7200 9253,~~116~~201.24 138,~~180~~205.1320 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 76.~~849243~~779327 7.~~866052~~077660 6.623640

Filing Compare · STRUCTURED ASSET SEC CORP MORT PASS THR CERT SER 2002-3