8-K 1 bst01002.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 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 90-0030641 (State or other File Number) 90-0031689 jurisdiction 90-0031688 of Incorporation) IRS EIN 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 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 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. 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: 12/3/02 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 November 25, 2002 distribution.

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 910/3031/02 ~~Distribution Date: 10~~11/25/02 Distribution Date: 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.~~97658~~97939% 3532,~~473~~921,~~849~~492.0431 ~~206~~191,~~238~~476.4847 2,~~552~~564,~~356~~759.7393 1-X-1 07384MBR2 Sen 0.50600% 0.00 1413,~~958~~881.1490 0.00 1-A-2 07384MBS0 Sen 8.~~13415~~14682% 65,~~253~~372,~~462~~193.7882 4236,~~388~~471.8292 ~~881~~295,~~268~~887.9501 1-A-3 07384MBT8 Sen 7.~~94775~~94777% 3,~~861~~853,~~097~~973.1214 25,~~572~~525.5140 7117,~~123~~508.9775 2-A-1 07384MBZ4 Sen 6.~~87508~~88006% ~~190~~164,~~357~~031,~~819~~297.9332 1940,~~090,604~~454.1228 2622,~~326~~940,~~522~~241.6043 2-A-2A 07384MCA8 Sen 5.~~61408~~72091% 0.00 0.00 0.00 2-A-2B 07384MCB6 Sen 5.~~81408~~92091% 0.00 0.00 0.00 2-A-2C 07384MCC4 Sen 5.95000% 9481,~~119~~102,~~762~~981.9487 ~~466~~402,~~677~~135.1662 1311,~~016~~342,~~781~~481.0768 2-X-2 07384MCD2 Sen 0.~~92508~~93006% 0.00 7262,~~556~~858.8086 0.00 1-B-1 07384MBW1 Sub 7.~~63494~~63718% 2,~~812~~708,~~442~~448.05 17,~~894~~237.0243 ~~103~~88,~~994~~421.0052 1-B-2 07384MBX9 Sub 7.~~63494~~63718% 2,~~343~~256,~~591~~934.8020 14,~~910~~363.9885 8673,~~657~~681.6014 1-B-3 07384MBY7 Sub 7.~~63494~~63718% 1,~~218~~173,~~734~~670.8844 7,~~754~~469.1461 4538,~~064~~316.4431 1-B-4 07384MCK6 Sub 7.~~63494~~63718% ~~843~~812,~~762~~563.5928 5,~~368~~171.4041 3126,~~199~~527.3140 1-B-5 07384MCL4 Sub 7.~~63494~~63718% ~~656~~631,~~186~~923.5210 4,~~174~~021.9576 2420,~~263~~630.4212 1-B-6 07384MCM2 Sub 7.~~63494~~63718% ~~562~~541,~~581~~778.1290 3,~~579~~448.3905 2017,~~802~~687.2322 R-1 BST0102RI Res 7.~~48258~~50132% 0.00 0.00 0.00 R-2 07384MBU5 Res 7.~~48258~~50132% 0.00 0.0001 0.00 R-X 07384MBV3 Res 0.00000% 0.00 15,~~729~~894.0631 0.00 2-B-1 07384MCG5 Sub 6.~~87508~~88006% 7,~~774~~250,~~673~~526.8822 4441,~~542~~570.9105 ~~524~~492,~~147~~970.6538 2-B-2 07384MCH3 Sub 6.~~87508~~88006% 3,~~401~~172,~~399~~086.5027 1918,~~487~~186.4179 ~~229~~215,~~313~~673.2325 2-B-3 07384MCJ9 Sub 6.~~87508~~88006% 3,~~401~~172,~~399~~086.5027 1918,~~487~~186.4179 ~~229~~215,~~313~~673.2325 2-B-4 07384MCN0 Sub 6.~~87508~~88006% 2,~~915~~718,~~494~~939.5875 1615,~~703~~588.5472 ~~196~~184,~~554~~863.8238 2-B-5 07384MCP5 Sub 6.~~87508~~88006% ~~971~~906,~~809~~293.8504 5,~~567~~196.7213 6561,~~516~~619.8175 2-B-6 07384MCQ3 Sub 6.~~87508~~88006% ~~971~~906,~~897~~374.6491 5,~~568~~196.2359 6561,~~522~~625.7332 Totals ~~357~~313,~~939~~533,~~965~~562.7289 21,~~085~~834,~~764~~335.1995 4438,~~406~~758,~~402~~567.7984

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 3230,~~921~~356,~~492~~732.3138 2,~~758~~756,~~595~~236.2140 0.00 1-X-1 0.00 0.00 1413,~~958~~881.1490 0.00 1-A-2 0.00 5,~~372~~076,~~193~~306.82 ~~923~~332,~~657~~358.7793 0.00 1-A-3 0.00 3,~~853~~736,~~973~~464.1439 32143,~~696~~034.4815 0.00 2-A-1 0.00 ~~164~~141,~~031~~091,~~297~~055.3289 2723,~~417~~880,~~126~~695.7271 0.00 2-A-2A 0.00 0.00 0.00 0.00 2-A-2B 0.00 0.00 0.00 0.00 2-A-2C 0.00 8169,~~102~~760,~~981~~500.8719 1311,~~483~~744,~~458~~617.2330 0.00 2-X-2 0.00 0.00 7262,~~556~~858.8086 0.00 1-B-1 0.00 2,~~708~~620,~~448~~026.0553 ~~121~~105,~~888~~658.0295 0.00 1-B-2 0.00 2,~~256~~183,~~934~~253.2006 ~~101~~88,~~568~~044.5899 0.00 1-B-3 0.00 1,~~173~~135,~~670~~354.4414 5245,~~818~~785.5892 0.00 1-B-4 0.00 ~~812~~786,~~563~~035.2888 3631,~~567~~698.7181 0.00 1-B-5 0.00 ~~631~~611,~~923~~292.1099 2824,~~438~~651.3788 0.00 1-B-6 0.00 ~~541~~524,~~778~~091.9068 2421,~~381~~135.6227 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.0001 0.00 R-X 0.00 0.00 15,~~729~~894.0631 0.00 2-B-1 0.00 76,~~250~~757,~~526~~555.2285 ~~568~~534,~~690~~540.5643 0.00 2-B-2 0.00 32,~~172~~956,~~086~~413.2702 ~~248~~233,~~800~~860.6404 0.00 2-B-3 0.00 32,~~172~~956,~~086~~413.2702 ~~248~~233,~~800~~860.6404 0.00 2-B-4 0.00 2,~~718~~534,~~939~~076.7538 ~~213~~200,~~258~~452.3610 0.00 2-B-5 0.00 ~~906~~844,~~293~~673.0428 7166,~~084~~815.5388 0.00 2-B-6 0.00 ~~906~~844,~~374~~749.9159 7166,~~090~~821.9691 0.00 Totals 0.00 ~~313~~274,~~533~~774,~~562~~995.8909 4640,~~492~~592,~~166~~903.9879 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 3532,~~473~~921,~~849~~492.0431 3533,~~578~~617.6787 2,~~516~~531,~~778~~142.0605 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 65,~~253~~372,~~462~~193.7882 4,~~641~~015.1524 ~~876~~291,~~627~~871.8077 0.00 0.00 1-A-3 20,434,500.00 3,~~861~~853,~~097~~973.1214 4,~~291~~338.8695 2113,~~832~~169.1280 0.00 0.00 2-A-1 980,000,000.00 ~~190~~164,~~357~~031,~~819~~297.9332 ~~203~~176,~~248~~667.6456 2622,~~123~~763,~~273~~573.9687 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 0.00 0.00 0.00 0.00 0.00 2-A-2C 145,858,700.00 9481,~~119~~102,~~762~~981.9487 ~~100~~87,~~493~~350.4581 1211,~~916~~255,~~287~~130.6287 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 2,~~812~~708,~~442~~448.05 2,~~703~~650.5504 ~~101~~85,~~290~~771.4548 0.00 0.00 1-B-2 3,909,400.00 2,~~343~~256,~~591~~934.8020 2,~~252~~208.8526 8471,~~404~~472.7588 0.00 0.00 1-B-3 2,033,000.00 1,~~218~~173,~~734~~670.8844 1,~~171~~148.5536 4337,~~892~~167.8995 0.00 0.00 1-B-4 1,407,500.00 ~~843~~812,~~762~~563.5928 ~~811~~795.0904 3025,~~388~~732.2136 0.00 0.00 1-B-5 1,094,600.00 ~~656~~631,~~186~~923.5210 ~~630~~618.7830 2320,~~632~~011.6482 0.00 0.00 1-B-6 938,455.00 ~~562~~541,~~581~~778.1290 ~~540~~530.8010 2017,~~261~~157.4312 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 7,~~774~~250,~~673~~526.8822 87,~~301~~809.1708 ~~515~~485,~~846~~161.4930 0.00 0.00 2-B-2 5,230,500.00 3,~~401~~172,~~399~~086.5027 3,~~631~~416.7445 ~~225~~212,~~681~~256.4980 0.00 0.00 2-B-3 5,230,500.00 3,~~401~~172,~~399~~086.5027 3,~~631~~416.7445 ~~225~~212,~~681~~256.4980 0.00 0.00 2-B-4 4,483,300.00 2,~~915~~718,~~494~~939.5875 32,~~112~~928.9340 ~~193~~181,~~441~~934.8998 0.00 0.00 2-B-5 1,494,400.00 ~~971~~906,~~809~~293.8504 ~~1,037~~976.6211 6460,~~479~~643.1964 0.00 0.00 2-B-6 1,494,535.00 ~~971~~906,~~897~~374.6491 ~~1,037~~976.7120 6460,~~485~~649.0212 0.00 0.00 Totals 1,807,197,590.000 ~~357~~313,~~939~~533,~~965~~562.7289 ~~377~~333,~~117~~463.3022 4438,~~029~~425,~~285~~104.5061 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 2,~~552~~564,~~356~~759.7393 3230,~~921~~356,~~492~~732.3138 0.~~14976003~~13809292 2,~~552~~564,~~356~~759.7393 1-X-1 0.00 0.00 0.00000000 0.00 1-A-2 ~~881~~295,~~268~~887.9501 5,~~372~~076,~~193~~306.82 0.~~09195152~~08688706 ~~881~~295,~~268~~887.9501 1-A-3 7117,~~123~~508.9775 3,~~853~~736,~~973~~464.1439 0.~~18860129~~18285079 7117,~~123~~508.9775 2-A-1 2622,~~326~~940,~~522~~241.6043 ~~164~~141,~~031~~091,~~297~~055.3289 0.~~16737887~~14397047 2622,~~326~~940,~~522~~241.6043 2-A-2A 0.00 0.00 0.00000000 0.00 2-A-2B 0.00 0.00 0.00000000 0.00 2-A-2C 1311,~~016~~342,~~781~~481.0768 8169,~~102~~760,~~981~~500.8719 0.~~55603801~~47827452 1311,~~016~~342,~~781~~481.0768 2-X-2 0.00 0.00 0.00000000 0.00 1-B-1 ~~103~~88,~~994~~421.0052 2,~~708~~620,~~448~~026.0553 0.~~57730961~~55846244 ~~103~~88,~~994~~421.0052 1-B-2 8673,~~657~~681.6014 2,~~256~~183,~~934~~253.2006 0.~~57730961~~55846244 8673,~~657~~681.6014 1-B-3 4538,~~064~~316.4431 1,~~173~~135,~~670~~354.4414 0.~~57730961~~55846244 4538,~~064~~316.4431 1-B-4 3126,~~199~~527.3140 ~~812~~786,~~563~~035.2888 0.~~57730961~~55846244 3126,~~199~~527.3140 1-B-5 2420,~~263~~630.4212 ~~631~~611,~~923~~292.1099 0.~~57730961~~55846244 2420,~~263~~630.4212 1-B-6 2017,~~802~~687.2322 ~~541~~524,~~778~~091.9068 0.~~57730941~~55846224 2017,~~802~~687.2322 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 ~~524~~492,~~147~~970.6538 76,~~250~~757,~~526~~555.2285 0.~~60645947~~56522570 ~~524~~492,~~147~~970.6538 2-B-2 ~~229~~215,~~313~~673.2325 32,~~172~~956,~~086~~413.2702 0.~~60645947~~56522570 ~~229~~215,~~313~~673.2325 2-B-3 ~~229~~215,~~313~~673.2325 32,~~172~~956,~~086~~413.2702 0.~~60645947~~56522570 ~~229~~215,~~313~~673.2325 2-B-4 ~~196~~184,~~554~~863.8238 2,~~718~~534,~~939~~076.7538 0.~~60645947~~56522570 ~~196~~184,~~554~~863.8238 2-B-5 6561,~~516~~619.8175 ~~906~~844,~~293~~673.0428 0.~~60645948~~56522570 6561,~~516~~619.8175 2-B-6 6561,~~522~~625.7332 ~~906~~844,~~374~~749.9159 0.~~60645947~~56522570 6561,~~522~~625.7332 Totals 4438,~~406~~758,~~402~~567.7984 ~~313~~274,~~533~~774,~~562~~995.8909 0.~~17349158~~15204480 4438,~~406~~758,~~402~~567.7984

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 ~~161~~149.~~37071087~~76002776 0.~~16184754~~15292785 11.~~44883557~~51417743 0.00000000 1-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-2 58,424,200.00 ~~107~~91.~~03548838~~95151701 0.~~07943883~~06872563 154.~~00453237~~99573413 0.00000000 1-A-3 20,434,500.00 188.~~94991901~~60129389 0.~~21003010~~21233453 05.~~13859502~~53817319 0.00000000 2-A-1 980,000,000.00 ~~194~~167.~~24267340~~37887482 0.~~20739657~~18027302 2623.~~65640200~~22813660 0.00000000 2-A-2A 197,774,400.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 140,914,200.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2C 145,858,700.00 ~~645~~556.~~28041824~~03801398 0.~~68897810~~59887281 8877.~~55342616~~16461802 0.00000000 2-X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-B-1 4,691,500.00 ~~599~~577.~~47608441~~30961313 0.~~57626559~~56485985 2118.~~59020569~~28231482 0.00000000 1-B-2 3,909,400.00 ~~599~~577.~~47608329~~30961273 0.~~57626490~~56485906 2118.~~59020566~~28231442 0.00000000 1-B-3 2,033,000.00 ~~599~~577.~~47608460~~30961141 0.~~57626660~~56485981 2118.~~59020659~~28231677 0.00000000 1-B-4 1,407,500.00 ~~599~~577.~~47608526~~30961279 0.~~57626288~~56485968 2118.~~59020249~~28231616 0.00000000 1-B-5 1,094,600.00 ~~599~~577.~~47608259~~30961082 0.~~57626530~~56486388 2118.~~59020647~~28231317 0.00000000 1-B-6 938,455.00 ~~599~~577.~~47586192~~30940748 0.~~57626631~~56486459 2118.~~59019878~~28230443 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 ~~650~~606.~~30102296~~45947221 0.~~69433901~~65317887 4340.~~14721174~~58059471 0.00000000 2-B-2 5,230,500.00 ~~650~~606.~~30102285~~45947233 0.~~69433897~~65317847 4340.~~14721155~~58059459 0.00000000 2-B-3 5,230,500.00 ~~650~~606.~~30102285~~45947233 0.~~69433897~~65317847 4340.~~14721155~~58059459 0.00000000 2-B-4 4,483,300.00 ~~650~~606.~~30102380~~45947182 0.~~69433899~~65317958 4340.~~14721076~~58059465 0.00000000 2-B-5 1,494,400.00 ~~650~~606.~~30102382~~45947537 0.~~69433887~~65317853 4340.~~14720958~~58059422 0.00000000 2-B-6 1,494,535.00 ~~650~~606.~~30102340~~45947402 0.~~69433637~~65317975 4340.~~14721301~~58059530 0.00000000 2) All Senior Classes are per $1,000 denomination, all Offered Subordinate Classes are $25,000

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 11.~~61068311~~66710533 ~~149~~138.~~76002776~~09292243 0.~~14976003~~13809292 11.~~61068311~~66710533 1-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-2 0.00000000 155.~~08397120~~06445976 9186.~~95151701~~88705742 0.~~09195152~~08688706 155.~~08397120~~06445976 1-A-3 0.00000000 05.~~34862463~~75050772 ~~188~~182.~~60129389~~85078617 0.~~18860129~~18285079 05.~~34862463~~75050772 2-A-1 0.00000000 2623.~~86379857~~40840962 ~~167~~143.~~37887482~~97046519 0.~~16737887~~14397047 2623.~~86379857~~40840962 2-A-2A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2C 0.00000000 8977.~~24240426~~76349083 ~~556~~478.~~03801398~~27452315 0.~~55603801~~47827452 8977.~~24240426~~76349083 2-X-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-B-1 0.00000000 2218.~~16647128~~84717468 ~~577~~558.~~30961313~~46243845 0.~~57730961~~55846244 2218.~~16647128~~84717468 1-B-2 0.00000000 2218.~~16647056~~84717348 ~~577~~558.~~30961273~~46243925 0.~~57730961~~55846244 2218.~~16647056~~84717348 1-B-3 0.00000000 2218.~~16647319~~84717659 ~~577~~558.~~30961141~~46243974 0.~~57730961~~55846244 2218.~~16647319~~84717659 1-B-4 0.00000000 2218.~~16647247~~84717584 ~~577~~558.~~30961279~~46243694 0.~~57730961~~55846244 2218.~~16647247~~84717584 1-B-5 0.00000000 2218.~~16647177~~84717705 ~~577~~558.~~30961082~~46244290 0.~~57730961~~55846244 2218.~~16647177~~84717705 1-B-6 0.00000000 2218.~~16646509~~84716902 ~~577~~558.~~30940748~~46223847 0.~~57730941~~55846224 2218.~~16646509~~84716902 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 4341.~~84154991~~23377358 ~~606~~565.~~45947221~~22569947 0.~~60645947~~56522570 4341.~~84154991~~23377358 2-B-2 0.00000000 4341.~~84155052~~23377306 ~~606~~565.~~45947233~~22569926 0.~~60645947~~56522570 4341.~~84155052~~23377306 2-B-3 0.00000000 4341.~~84155052~~23377306 ~~606~~565.~~45947233~~22569926 0.~~60645947~~56522570 4341.~~84155052~~23377306 2-B-4 0.00000000 4341.~~84154975~~23377423 ~~606~~565.~~45947182~~22569982 0.~~60645947~~56522570 4341.~~84154975~~23377423 2-B-5 0.00000000 4341.~~84154845~~23377275 ~~606~~565.~~45947537~~22569593 0.~~60645948~~56522570 4341.~~84154845~~23377275 2-B-6 0.00000000 4341.~~84154938~~23377505 ~~606~~565.~~45947402~~22569896 0.~~60645947~~56522570 4341.~~84154938~~23377505 (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.~~97658~~97939% 3532,~~473~~921,~~849~~492.0431 ~~206~~191,~~238~~476.4847 0.00 0.00 1-X-1 0.00 0.50600% 3532,~~473~~921,~~849~~492.0431 1413,~~958~~881.1490 0.00 0.00 1-A-2 58,424,200.00 8.~~13415~~14682% 65,~~253~~372,~~462~~193.7882 4236,~~388~~471.8292 0.00 0.00 1-A-3 20,434,500.00 7.~~94775~~94777% 3,~~861~~853,~~097~~973.1214 25,~~572~~525.5140 0.00 0.00 2-A-1 980,000,000.00 6.~~87508~~88006% ~~190~~164,~~357~~031,~~819~~297.9332 1940,~~090,604~~454.1228 0.00 0.00 2-A-2A 197,774,400.00 5.~~61408~~72091% 0.00 0.00 0.00 0.00 2-A-2B 140,914,200.00 5.~~81408~~92091% 0.00 0.00 0.00 0.00 2-A-2C 145,858,700.00 5.95000% 9481,~~119~~102,~~762~~981.9487 ~~466~~402,~~677~~135.1662 0.00 0.00 2-X-2 0.00 0.~~92508~~93006% 9481,~~119~~102,~~762~~981.9487 7262,~~556~~858.8086 0.00 0.00 1-B-1 4,691,500.00 7.~~63494~~63718% 2,~~812~~708,~~442~~448.05 17,~~894~~237.0243 0.00 0.00 1-B-2 3,909,400.00 7.~~63494~~63718% 2,~~343~~256,~~591~~934.8020 14,~~910~~363.9885 0.00 0.00 1-B-3 2,033,000.00 7.~~63494~~63718% 1,~~218~~173,~~734~~670.8844 7,~~754~~469.1461 0.00 0.00 1-B-4 1,407,500.00 7.~~63494~~63718% ~~843~~812,~~762~~563.5928 5,~~368~~171.4041 0.00 0.00 1-B-5 1,094,600.00 7.~~63494~~63718% ~~656~~631,~~186~~923.5210 4,~~174~~021.9576 0.00 0.00 1-B-6 938,455.00 7.~~63494~~63718% ~~562~~541,~~581~~778.1290 3,~~579~~448.3905 0.00 0.00 R-1 50.00 7.~~48258~~50132% 0.00 0.00 0.00 0.00 R-2 50.00 7.~~48258~~50132% 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.~~87508~~88006% 7,~~774~~250,~~673~~526.8822 4441,~~542~~570.9105 0.00 0.00 2-B-2 5,230,500.00 6.~~87508~~88006% 3,~~401~~172,~~399~~086.5027 1918,~~487~~186.4179 0.00 0.00 2-B-3 5,230,500.00 6.~~87508~~88006% 3,~~401~~172,~~399~~086.5027 1918,~~487~~186.4179 0.00 0.00 2-B-4 4,483,300.00 6.~~87508~~88006% 2,~~915~~718,~~494~~939.5875 1615,~~703~~588.5472 0.00 0.00 2-B-5 1,494,400.00 6.~~87508~~88006% ~~971~~906,~~809~~293.8504 5,~~567~~196.7213 0.00 0.00 2-B-6 1,494,535.00 6.~~87508~~88006% ~~971~~906,~~897~~374.6491 5,~~568~~196.2359 0.00 0.00 Totals 1,807,197,590.000 21,~~084~~828,~~035~~441.1363 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 ~~206~~191,~~238~~476.4847 0.00 3230,~~921~~356,~~492~~732.3138 1-X-1 0.00 0.00 1413,~~958~~881.1490 0.00 3230,~~921~~356,~~492~~732.3138 1-A-2 0.00 0.00 4236,~~388~~471.8292 0.00 5,~~372~~076,~~193~~306.82 1-A-3 0.00 0.00 25,~~572~~525.5140 0.00 3,~~853~~736,~~973~~464.1439 2-A-1 0.00 0.00 1940,~~090,604~~454.1228 0.00 ~~164~~141,~~031~~091,~~297~~055.3289 2-A-2A 0.00 0.00 0.00 0.00 0.00 2-A-2B 0.00 0.00 0.00 0.00 0.00 2-A-2C 0.00 0.00 ~~466~~402,~~677~~135.1662 0.00 8169,~~102~~760,~~981~~500.8719 2-X-2 0.00 0.00 7262,~~556~~858.8086 0.00 8169,~~102~~760,~~981~~500.8719 1-B-1 0.00 0.00 17,~~894~~237.0243 0.00 2,~~708~~620,~~448~~026.0553 1-B-2 0.00 0.00 14,~~910~~363.9885 0.00 2,~~256~~183,~~934~~253.2006 1-B-3 0.00 0.00 7,~~754~~469.1461 0.00 1,~~173~~135,~~670~~354.4414 1-B-4 0.00 0.00 5,~~368~~171.4041 0.00 ~~812~~786,~~563~~035.2888 1-B-5 0.00 0.00 4,~~174~~021.9576 0.00 ~~631~~611,~~923~~292.1099 1-B-6 0.00 0.00 3,~~579~~448.3905 0.00 ~~541~~524,~~778~~091.9068 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.0001 0.00 0.00 R-X 0.00 0.00 15,~~729~~894.0631 0.00 0.00 2-B-1 0.00 0.00 4441,~~542~~570.9105 0.00 76,~~250~~757,~~526~~555.2285 2-B-2 0.00 0.00 1918,~~487~~186.4179 0.00 32,~~172~~956,~~086~~413.2702 2-B-3 0.00 0.00 1918,~~487~~186.4179 0.00 32,~~172~~956,~~086~~413.2702 2-B-4 0.00 0.00 1615,~~703~~588.5472 0.00 2,~~718~~534,~~939~~076.7538 2-B-5 0.00 0.00 5,~~567~~196.7213 0.00 ~~906~~844,~~293~~673.0428 2-B-6 0.00 0.00 5,~~568~~196.2359 0.00 ~~906~~844,~~374~~749.9159 Totals 0.00 0.00 21,~~085~~834,~~764~~335.1995 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.~~97658~~97939% ~~161~~149.~~37071087~~76002776 0.~~93817984~~87102739 0.00000000 0.00000000 1-X-1 0.00 0.50600% ~~161~~149.~~37071087~~76002776 0.~~06804465~~06314883 0.00000000 0.00000000 1-A-2 58,424,200.00 8.~~13415~~14682% ~~107~~91.~~03548838~~95151701 0.~~72553531~~62426049 0.00000000 0.00000000 1-A-3 20,434,500.00 7.~~94775~~94777% 188.~~94991901~~60129389 1.~~25143801~~24913259 0.00000000 0.00000000 2-A-1 980,000,000.00 6.~~87508~~88006% ~~194~~167.~~24267340~~37887482 10.~~11286135~~95964722 0.00000000 0.00000000 2-A-2A 197,774,400.00 5.~~61408~~72091% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 140,914,200.00 5.~~81408~~92091% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2C 145,858,700.00 5.95000% ~~645~~556.~~28041824~~03801398 32.~~19951542~~75702183 0.00000000 0.00000000 2-X-2 0.00 0.~~92508~~93006% ~~194~~167.~~24267340~~37887482 0.~~14974142~~12972698 0.00000000 0.00000000 1-B-1 4,691,500.00 7.~~63494~~63718% ~~599~~577.~~47608441~~30961313 3.~~81413620~~67418310 0.00000000 0.00000000 1-B-2 3,909,400.00 7.~~63494~~63718% ~~599~~577.~~47608329~~30961273 3.~~81413516~~67418274 0.00000000 0.00000000 1-B-3 2,033,000.00 7.~~63494~~63718% ~~599~~577.~~47608460~~30961141 3.~~81413674~~67418101 0.00000000 0.00000000 1-B-4 1,407,500.00 7.~~63494~~63718% ~~599~~577.~~47608526~~30961279 3.~~81413854~~67418117 0.00000000 0.00000000 1-B-5 1,094,600.00 7.~~63494~~63718% ~~599~~577.~~47608259~~30961082 3.~~81413302~~67418235 0.00000000 0.00000000 1-B-6 938,455.00 7.~~63494~~63718% ~~599~~577.~~47586192~~30940748 3.~~81413067~~67417724 0.00000000 0.00000000 R-1 50.00 7.~~48258~~50132% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 7.~~48258~~50132% 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.~~87508~~88006% ~~650~~606.~~30102296~~45947221 3.~~72572540~~47706495 0.00000000 0.00000000 2-B-2 5,230,500.00 6.~~87508~~88006% ~~650~~606.~~30102285~~45947233 3.~~72572603~~47706529 0.00000000 0.00000000 2-B-3 5,230,500.00 6.~~87508~~88006% ~~650~~606.~~30102285~~45947233 3.~~72572603~~47706529 0.00000000 0.00000000 2-B-4 4,483,300.00 6.~~87508~~88006% ~~650~~606.~~30102380~~45947182 3.~~72572435~~47706377 0.00000000 0.00000000 2-B-5 1,494,400.00 6.~~87508~~88006% ~~650~~606.~~30102382~~45947537 3.~~72572270~~47706772 0.00000000 0.00000000 2-B-6 1,494,535.00 6.~~87508~~88006% ~~650~~606.~~30102340~~45947402 3.~~72572740~~47706143 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 0.~~93817984~~87102739 0.00000000 ~~149~~138.~~76002776~~09292243 1-X-1 0.00000000 0.00000000 0.~~06804465~~06314883 0.00000000 ~~149~~138.~~76002776~~09292243 1-A-2 0.00000000 0.00000000 0.~~72553531~~62426049 0.00000000 9186.~~95151701~~88705742 1-A-3 0.00000000 0.00000000 1.~~25143801~~24913259 0.00000000 ~~188~~182.~~60129389~~85078617 2-A-1 0.00000000 0.00000000 10.~~11286135~~95964722 0.00000000 ~~167~~143.~~37887482~~97046519 2-A-2A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2C 0.00000000 0.00000000 32.~~19951542~~75702183 0.00000000 ~~556~~478.~~03801398~~27452315 2-X-2 0.00000000 0.00000000 0.~~14974142~~12972698 0.00000000 ~~167~~143.~~37887482~~97046520 1-B-1 0.00000000 0.00000000 3.~~81413620~~67418310 0.00000000 ~~577~~558.~~30961313~~46243845 1-B-2 0.00000000 0.00000000 3.~~81413516~~67418274 0.00000000 ~~577~~558.~~30961273~~46243925 1-B-3 0.00000000 0.00000000 3.~~81413674~~67418101 0.00000000 ~~577~~558.~~30961141~~46243974 1-B-4 0.00000000 0.00000000 3.~~81413854~~67418117 0.00000000 ~~577~~558.~~30961279~~46243694 1-B-5 0.00000000 0.00000000 3.~~81413302~~67418235 0.00000000 ~~577~~558.~~30961082~~46244290 1-B-6 0.00000000 0.00000000 3.~~81413067~~67417724 0.00000000 ~~577~~558.~~30940748~~46223847 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.~~00000000~~20000000 0.00000000 0.00000000 R-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 0.00000000 0.00000000 3.~~72572540~~47706495 0.00000000 ~~606~~565.~~45947221~~22569947 2-B-2 0.00000000 0.00000000 3.~~72572603~~47706529 0.00000000 ~~606~~565.~~45947233~~22569926 2-B-3 0.00000000 0.00000000 3.~~72572603~~47706529 0.00000000 ~~606~~565.~~45947233~~22569926 2-B-4 0.00000000 0.00000000 3.~~72572435~~47706377 0.00000000 ~~606~~565.~~45947182~~22569982 2-B-5 0.00000000 0.00000000 3.~~72572270~~47706772 0.00000000 ~~606~~565.~~45947537~~22569593 2-B-6 0.00000000 0.00000000 3.~~72572740~~47706143 0.00000000 ~~606~~565.~~45947402~~22569896 (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 4640,~~548~~635,~~973~~197.0076 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 5253,~~360~~035.3229 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 4640,~~601~~688,~~333~~233.3205 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~109~~95,~~166~~329.3426 Payment of Interest and Principal 4640,~~492~~592,~~166~~903.9879 Total Withdrawals (Pool Distribution Amount) 4640,~~601~~688,~~333~~233.3205 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 7465,~~570~~319.8350 Supplemental PMI 3430,~~595~~009.5176 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~109~~95,~~166~~329.3426

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 119 1 0 0 1210 43,~~139~~719,~~574~~647.6244 ~~272~~271,~~150~~891.0718 0.00 0.00 43,~~411~~991,~~724~~538.6962 60 Days 2 0 0 0 2 ~~710~~1,~~312~~027,201.9281 0.00 0.00 0.00 ~~710~~1,~~312~~027,201.9281 90 Days 1 0 0 0 1 ~~348~~286,~~114~~028.0149 0.00 0.00 0.00 ~~348~~286,~~114~~028.0149 120 Days 1 0 0 1 0 1 ~~475,935.93~~ 0.00 0.00 348,114.01 0.00 ~~475~~348,~~935~~114.9301 150 Days 01 0 0 0 01 0475,935.0093 0.00 0.00 0.00 0475,935.0093 180+ Days 0 0 3 0 3 0.00 0.00 1,555,470.83 0.00 1,555,470.83 Totals 1513 1 34 0 1918 5,~~673~~508,~~937~~813.4867 ~~272~~271,~~150~~891.0718 1,~~555~~903,~~470~~584.8384 0.00 7,~~501~~684,~~558~~289.3869 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 1.~~331719~~243094% 0.~~121065~~138122% 0.000000% 0.000000% 1.~~452785~~381215% 1.~~318955~~352248% 0.~~086713~~098844% 0.000000% 0.000000% 1.~~405667~~451092% 60 Days 0.~~242131~~276243% 0.000000% 0.000000% 0.000000% 0.~~242131~~276243% 0.~~226321~~373431% 0.000000% 0.000000% 0.000000% 0.~~226321~~373431% 90 Days 0.~~121065~~138122% 0.000000% 0.000000% 0.000000% 0.~~121065~~138122% 0.~~110916~~103983% 0.000000% 0.000000% 0.000000% 0.~~110916~~103983% 120 Days 0.~~121065~~000000% 0.000000% 0.~~000000~~138122% 0.000000% 0.~~121065~~138122% 0.~~151643~~000000% 0.000000% 0.~~000000~~126554% 0.000000% 0.~~151643~~126554% 150 Days 0.~~000000~~138122% 0.000000% 0.000000% 0.000000% 0.~~000000~~138122% 0.~~000000~~173023% 0.000000% 0.000000% 0.000000% 0.~~000000~~173023% 180+ Days 0.000000% 0.000000% 0.~~363196~~414365% 0.000000% 0.~~363196~~414365% 0.000000% 0.000000% 0.~~495605~~565479% 0.000000% 0.~~495605~~565479% Totals 1.~~815981~~795580% 0.~~121065~~138122% 0.~~363196~~552486% 0.000000% 2.~~300242~~486188% 12.~~807835~~002686% 0.~~086713~~098844% 0.~~495605~~692033% 0.000000% 2.~~390153~~793563% ~~Delinquencies are stratified according to the information the Servicer has provided. All 90 day delinquencies reported are 90+ day delinquencies.~~

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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 10 0 0 0 10 ~~286,028~~0.4900 0.00 0.00 0.00 ~~286,028~~0.4900 90 Days 01 0 0 0 01 0286,028.0049 0.00 0.00 0.00 0286,028.0049 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 1 0 1 0.00 0.00 476,343.45 0.00 476,343.45 Totals 1 0 1 0 2 286,028.49 0.00 476,343.45 0.00 762,371.94 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 10.000000% 0.000000% 0.000000% 0.000000% 10.000000% 0.~~732411~~000000% 0.000000% 0.000000% 0.000000% 0.~~732411~~000000% 90 Days 01.~~000000~~086957% 0.000000% 0.000000% 0.000000% 01.~~000000~~086957% 0.~~000000~~788642% 0.000000% 0.000000% 0.000000% 0.~~000000~~788642% 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% 1.~~000000~~086957% 0.000000% 1.~~000000~~086957% 0.000000% 0.000000% 1.~~219736~~313380% 0.000000% 1.~~219736~~313380% Totals 1.~~000000~~086957% 0.000000% 1.~~000000~~086957% 0.000000% 2.~~000000~~173913% 0.~~732411~~788642% 0.000000% 1.~~219736~~313380% 0.000000% 12.~~952148~~102022% 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 ~~340,814~~0.7600 0.00 0.00 0.00 ~~340,814~~0.7600 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 ~~340,814~~0.7600 0.00 0.00 0.00 ~~340,814~~0.7600 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 70.~~142857~~000000% 0.000000% 0.000000% 0.000000% 70.~~142857~~000000% 40.~~970988~~000000% 0.000000% 0.000000% 0.000000% 40.~~970988~~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 70.~~142857~~000000% 0.000000% 0.000000% 0.000000% 70.~~142857~~000000% 40.~~970988~~000000% 0.000000% 0.000000% 0.000000% 40.~~970988~~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 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 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 109 1 0 0 1110 3,~~798~~719,~~759~~647.8644 ~~272~~271,~~150~~891.0718 0.00 0.00 43,~~070~~991,~~909~~538.9362 60 Days 12 0 0 0 12 ~~424~~1,~~284~~027,201.4381 0.00 0.00 0.00 ~~424~~1,~~284~~027,201.4381 90 Days 10 0 0 0 10 ~~348,114~~0.0100 0.00 0.00 0.00 ~~348,114~~0.0100 120 Days 1 0 0 1 0 1 ~~475,935.93~~ 0.00 0.00 348,114.01 0.00 ~~475~~348,~~935~~114.9301 150 Days 01 0 0 0 01 0475,935.0093 0.00 0.00 0.00 0475,935.0093 180 Days 0 0 2 0 2 0.00 0.00 1,079,127.38 0.00 1,079,127.38 Totals 1312 1 23 0 16 5,~~047~~222,~~094~~785.2318 ~~272~~271,~~150~~891.0718 1,~~079~~427,~~127~~241.3839 0.00 6,~~398~~921,~~371~~917.6875 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.~~422475~~475410% 0.~~142248~~163934% 0.000000% 0.000000% 1.~~564723~~639344% 1.~~441472~~631470% 0.~~103270~~119254% 0.000000% 0.000000% 1.~~544742~~750724% 60 Days 0.~~142248~~327869% 0.000000% 0.000000% 0.000000% 0.~~142248~~327869% 0.~~160998~~450540% 0.000000% 0.000000% 0.000000% 0.~~160998~~450540% 90 Days 0.~~142248~~000000% 0.000000% 0.000000% 0.000000% 0.~~142248~~000000% 0.~~132095~~000000% 0.000000% 0.000000% 0.000000% 0.~~132095~~000000% 120 Days 0.~~142248~~000000% 0.000000% 0.~~000000~~163934% 0.000000% 0.~~142248~~163934% 0.~~180598~~000000% 0.000000% 0.~~000000~~152686% 0.000000% 0.~~180598~~152686% 150 Days 0.~~000000~~163934% 0.000000% 0.000000% 0.000000% 0.~~000000~~163934% 0.~~000000~~208750% 0.000000% 0.000000% 0.000000% 0.~~000000~~208750% 180 Days 0.000000% 0.000000% 0.~~284495~~327869% 0.000000% 0.~~284495~~327869% 0.000000% 0.000000% 0.~~409484~~473315% 0.000000% 0.~~409484~~473315% Totals 1.~~849218~~967213% 0.~~142248~~163934% 0.~~284495~~491803% 0.000000% 2.~~275960~~622951% 12.~~915163~~290760% 0.~~103270~~119254% 0.~~409484~~626001% 0.000000% 23.~~427917~~036015%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 5253,~~360~~035.3229

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 7.~~352746~~362928% Weighted Average Net Coupon 7.~~102746~~112928% Weighted Average Pass-Through Rate 6.~~986764~~998070% Weighted Average Maturity(Stepdown Calculation ) ~~333~~332 Beginning Scheduled Collateral Loan Count ~~944~~826 Number Of Loans Paid In Full ~~118~~102 Ending Scheduled Collateral Loan Count ~~826~~724 Beginning Scheduled Collateral Balance ~~357~~313,~~939~~533,~~965~~563.9920 Ending Scheduled Collateral Balance ~~313~~274,~~533~~774,~~563~~995.2037 Ending Actual Collateral Balance at 3031-~~Sep~~Oct-2002 ~~313~~275,~~852~~071,~~656~~303.3290 Monthly P &I Constant 2,~~570~~257,~~318~~234.7909 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 ~~313~~274,~~533~~774,~~563~~995.2037 Scheduled Principal ~~377~~333,~~117~~463.2921 Unscheduled Principal 4438,~~029~~425,~~285~~104.5062

Group Level Collateral Statement Group Group 1 Group 1 Group 1 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.~~732581~~735385 8.~~384147~~396822 8.~~197745~~197766 Weighted Average Net Rate 7.~~482581~~485385 8.~~134147~~146824 7.~~947745~~947763 Weighted Average Maturity ~~332~~331 ~~337~~336 ~~337~~336 Beginning Loan Count ~~108~~100 1714 9 Loans Paid In Full 8 31 0 Ending Loan Count ~~100~~92 1413 9 Beginning Scheduled Balance 4139,~~780~~016,~~140~~012.2342 76,~~831~~851,~~867~~192.5810 4,~~413~~405,~~700~~772.1175 Ending scheduled Balance 3936,~~016~~230,~~012~~591.4259 6,~~851~~518,~~192~~883.1094 4,~~405~~280,~~772~~082.7535 Record Date 0910/3031/2002 0910/3031/2002 0910/3031/2002 Principal And Interest Constant ~~311~~291,~~127~~344.1853 6053,~~532~~060.2186 35,058.10 Scheduled Principal 4139,~~903~~841.5931 5,~~812~~120.6066 4,~~906~~960.1119 Unscheduled Principal 2,~~722~~745,~~224~~579.2252 ~~974~~327,~~862~~187.8850 3120,~~021~~730.2521 Scheduled Interest ~~269~~251,~~223~~503.5922 5447,~~719~~940.6120 30,~~151~~097.9991 Servicing Fees 8,~~704~~128.2033 1,~~631~~427.6432 ~~919~~917.5288 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 ~~260~~243,~~519~~374.3989 5346,~~087~~512.9788 29,~~232~~180.4703 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 7.~~482581~~485385 8.~~134147~~146822 7.~~947745~~947766

Group Level Collateral Statement Group Group 2 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.~~261678~~266851 7.~~352746~~362928 Weighted Average Net Rate 7.~~011678~~016851 7.~~102746~~112928 Weighted Average Maturity ~~329~~328 ~~333~~332 Beginning Loan Count ~~810~~703 ~~944~~826 Loans Paid In Full ~~107~~93 ~~118~~102 Ending Loan Count ~~703~~610 ~~826~~724 Beginning Scheduled Balance ~~303~~263,~~914~~260,~~258~~585.0793 ~~357~~313,~~939~~533,~~965~~563.9920 Ending scheduled Balance ~~263~~227,~~260~~745,~~585~~437.9349 ~~313~~274,~~533~~774,~~563~~995.2037 Record Date 0910/3031/2002 0910/3031/2002 Principal And Interest Constant 21,~~163~~877,~~601~~770.3060 2,~~570~~257,~~318~~234.7909 Scheduled Principal ~~324~~283,~~494~~541.9905 ~~377~~333,~~117~~463.2921 Unscheduled Principal 4035,~~329~~231,~~177~~607.1539 4438,~~029~~425,~~285~~104.5062 Scheduled Interest 1,~~839~~594,~~106~~229.3155 21,~~193~~923,~~201~~770.5088 Servicing Fees 6354,~~315~~845.4797 7465,~~570~~319.8350 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 3430,~~595~~009.5176 3430,~~595~~009.5176 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 1,~~741~~509,~~195~~373.3382 21,~~084~~828,~~035~~441.1662 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.~~875078~~880060 6.~~986764~~998070

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