8-K 1 wfm02016.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 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2002-16 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-98129-04 Pooling and Servicing Agreement) (Commission 13-3172275 (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 WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2002-16 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-16 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2002-16 Trust By: Wells Fargo Bank Minnesota, N.A. as Master Servicer By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 12/10/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-16 Trust, relating to the November 25, 2002 distribution. EX-99.1

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 910/3031/02 Distribution Date: 1011/25/02 WFMBS Series: 2002-16 Contact: Customer Service - SecuritiesLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 846-8130 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-PO 94979GAE4 0.00000% ~~435~~429,~~614~~558.2916 0.00 64,~~056~~446.1360 A-1 94979GAA2 5.75000% ~~165~~155,~~936~~742,~~000~~514.0014 ~~794~~746,~~899~~255.9309 1021,~~193~~135,~~485~~337.8620 A-2 94979GAB0 5.75000% 40,828,000.00 195,~~582~~631.4825 0.00 A-3 94979GAC8 5.75000% 46,000,000.00 220,~~358~~413.4338 0.00 A-4 94979GAD6 5.75000% 43,291,000.00 207,~~381~~432.2495 0.00 A-R 94979GAF1 5.75000% ~~100~~0.00 0.4800 ~~100~~0.00 B-1 94979GAG9 5.75000% 2,~~104~~097,~~000~~028.0066 10,~~079~~048.0011 6,~~971~~732.3407 B-2 94979GAH7 5.75000% ~~601~~599,~~000~~008.0066 2,~~879~~870.0321 1,~~991~~922.3499 B-3 94979GAJ3 5.75000% ~~601~~599,~~000~~008.0066 2,~~879~~870.0321 1,~~991~~922.3499 B-4 94979GAK0 5.75000% ~~301~~300,~~000~~002.0067 1,~~441~~437.9149 ~~997~~963.3310 B-5 94979GAL8 5.75000% ~~150~~149,~~000~~502.0099 ~~718~~716.5636 ~~497~~479.0195 B-6 94979GAM6 5.75000% ~~301~~300,~~225~~227.2720 1,~~442~~438.9957 ~~998~~963.0782 Totals ~~300~~290,~~548~~335,~~939~~851.5614 1,~~437~~389,~~663~~113.0862 1021,~~213~~152,~~088~~768.4272

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-PO 0.00 ~~429~~425,~~558~~111.1657 64,~~056~~446.1360 0.00 A-1 0.00 ~~155~~134,~~742~~607,~~514~~176.1494 1021,~~988~~881,~~385~~592.7929 0.00 A-2 0.00 40,828,000.00 195,~~582~~631.4825 0.00 A-3 0.00 46,000,000.00 220,~~358~~413.4338 0.00 A-4 0.00 43,291,000.00 207,~~381~~432.2495 0.00 A-R 0.00 0.00 ~~100~~0.4800 0.00 B-1 0.00 2,~~097~~090,~~028~~296.6659 1716,~~050~~780.3418 0.00 B-2 0.00 ~~599~~597,~~008~~085.6667 4,~~870~~793.3720 0.00 B-3 0.00 ~~599~~597,~~008~~085.6667 4,~~870~~793.3720 0.00 B-4 0.00 ~~300~~299,~~002~~039.6758 2,~~439~~400.2459 0.00 B-5 0.00 149,~~502~~023.9905 1,~~215~~196.5731 0.00 B-6 0.00 ~~300~~299,~~227~~263.2039 2,~~441~~402.0639 0.00 Totals 0.00 ~~290~~269,~~335~~183,~~851~~082.1446 1122,~~650~~541,~~751~~882.5034 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) A-PO 435,614.29 ~~435~~429,~~614~~558.2916 1,~~529~~526.2255 42,~~526~~920.9105 0.00 0.00 A-1 165,936,000.00 ~~165~~155,~~936~~742,~~000~~514.0014 ~~980~~917,~~932~~698.2439 920,~~212~~217,~~553~~638.6281 0.00 0.00 A-2 40,828,000.00 40,828,000.00 0.00 0.00 0.00 0.00 A-3 46,000,000.00 46,000,000.00 0.00 0.00 0.00 0.00 A-4 43,291,000.00 43,291,000.00 0.00 0.00 0.00 0.00 A-R 100.00 ~~100~~0.00 90.6200 900.3800 0.00 0.00 B-1 2,104,000.00 2,~~104~~097,~~000~~028.0066 6,~~971~~732.3407 0.00 0.00 0.00 B-2 601,000.00 ~~601~~599,~~000~~008.0066 1,~~991~~922.3499 0.00 0.00 0.00 B-3 601,000.00 ~~601~~599,~~000~~008.0066 1,~~991~~922.3499 0.00 0.00 0.00 B-4 301,000.00 ~~301~~300,~~000~~002.0067 ~~997~~963.3310 0.00 0.00 0.00 B-5 150,000.00 ~~150~~149,~~000~~502.0099 ~~497~~479.0195 0.00 0.00 0.00 B-6 301,225.27 ~~301~~300,~~225~~227.2720 ~~998~~963.0782 0.00 0.00 0.00 Totals 300,548,939.56 ~~300~~290,~~548~~335,~~939~~851.5614 ~~995~~932,~~917~~209.5186 920,~~217~~220,~~170~~558.9186 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 A-PO 64,~~056~~446.1360 ~~429~~425,~~558~~111.1657 0.~~98609749~~97588986 64,~~056~~446.1360 A-1 1021,~~193~~135,~~485~~337.8620 ~~155~~134,~~742~~607,~~514~~176.1494 0.~~93856977~~81119936 1021,~~193~~135,~~485~~337.8620 A-2 0.00 40,828,000.00 1.00000000 0.00 A-3 0.00 46,000,000.00 1.00000000 0.00 A-4 0.00 43,291,000.00 1.00000000 0.00 A-R ~~100~~0.00 0.00 0.00000000 ~~100~~0.00 B-1 6,~~971~~732.3407 2,~~097~~090,~~028~~296.6659 0.~~99668663~~99348697 6,~~971~~732.3407 B-2 1,~~991~~922.3499 ~~599~~597,~~008~~085.6667 0.~~99668662~~99348697 1,~~991~~922.3499 B-3 1,~~991~~922.3499 ~~599~~597,~~008~~085.6667 0.~~99668662~~99348697 1,~~991~~922.3499 B-4 ~~997~~963.3310 ~~300~~299,~~002~~039.6758 0.~~99668661~~99348698 ~~997~~963.3310 B-5 ~~497~~479.0195 149,~~502~~023.9905 0.~~99668660~~99348700 ~~497~~479.0195 B-6 ~~998~~963.0782 ~~300~~299,~~227~~263.2039 0.~~99668663~~99348700 ~~998~~963.0782 Totals 1021,~~213~~152,~~088~~768.4272 ~~290~~269,~~335~~183,~~851~~082.1446 0.~~96601855~~89563810 1021,~~213~~152,~~088~~768.4272

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-PO 435,614.29 ~~1000~~986.~~00000000~~09749464 3.~~51049090~~50436162 106.~~39201446~~70329249 0.00000000 A-1 165,936,000.00 ~~1000~~938.~~00000000~~56977473 5.~~91150950~~53043577 55121.~~51871577~~83997933 0.00000000 A-2 40,828,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-3 46,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 43,291,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 ~~1000~~0.00000000 960.~~20000000~~00000000 ~~903~~0.~~80000000~~00000000 0.00000000 B-1 2,104,000.00 ~~1000~~996.~~00000000~~68662548 3.~~31337452~~19965304 0.00000000 0.00000000 B-2 601,000.00 ~~1000~~996.~~00000000~~68662230 3.~~31337770~~19965058 0.00000000 0.00000000 B-3 601,000.00 ~~1000~~996.~~00000000~~68662230 3.~~31337770~~19965058 0.00000000 0.00000000 B-4 301,000.00 ~~1000~~996.~~00000000~~68661130 3.~~31338870~~19966777 0.00000000 0.00000000 B-5 150,000.00 ~~1000~~996.~~00000000~~68660000 3.~~31340000~~19966667 0.00000000 0.00000000 B-6 301,225.27 ~~1000~~996.~~00000000~~68663257 3.~~31336743~~19966515 0.00000000 0.00000000 (2) Per $1000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-PO 0.00000000 1310.~~90250536~~20765412 ~~986~~975.~~09749464~~88986348 0.~~98609749~~97588986 1310.~~90250536~~20765412 A-1 0.00000000 61127.~~43022527~~37041510 ~~938~~811.~~56977473~~19935963 0.~~93856977~~81119936 61127.~~43022527~~37041510 A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-R 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 B-1 0.00000000 3.~~31337452~~19965304 ~~996~~993.~~68662548~~48697243 0.~~99668663~~99348697 3.~~31337452~~19965304 B-2 0.00000000 3.~~31337770~~19965058 ~~996~~993.~~68662230~~48697171 0.~~99668662~~99348697 3.~~31337770~~19965058 B-3 0.00000000 3.~~31337770~~19965058 ~~996~~993.~~68662230~~48697171 0.~~99668662~~99348697 3.~~31337770~~19965058 B-4 0.00000000 3.~~31338870~~19966777 ~~996~~993.~~68661130~~48697674 0.~~99668661~~99348698 3.~~31338870~~19966777 B-5 0.00000000 3.~~31340000~~19966667 ~~996~~993.~~68660000~~48700000 0.~~99668660~~99348700 3.~~31340000~~19966667 B-6 0.00000000 3.~~31336743~~19966515 ~~996~~993.~~68663257~~48700061 0.~~99668663~~99348700 3.~~31336743~~19966515 (3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-PO 435,614.29 0.00000% ~~435~~429,~~614~~558.2916 0.00 0.00 0.00 A-1 165,936,000.00 5.75000% ~~165~~155,~~936~~742,~~000~~514.0014 ~~795~~746,~~110~~266.0021 0.00 0.00 A-2 40,828,000.00 5.75000% 40,828,000.00 195,634.17 0.00 0.00 A-3 46,000,000.00 5.75000% 46,000,000.00 220,416.67 0.00 0.00 A-4 43,291,000.00 5.75000% 43,291,000.00 207,436.04 0.00 0.00 A-R 100.00 5.75000% ~~100~~0.00 0.4800 0.00 0.00 B-1 2,104,000.00 5.75000% 2,~~104~~097,~~000~~028.0066 10,~~081~~048.6726 0.00 0.00 B-2 601,000.00 5.75000% ~~601~~599,~~000~~008.0066 2,~~879~~870.7925 0.00 0.00 B-3 601,000.00 5.75000% ~~601~~599,~~000~~008.0066 2,~~879~~870.7925 0.00 0.00 B-4 301,000.00 5.75000% ~~301~~300,~~000~~002.0067 1,~~442~~437.2951 0.00 0.00 B-5 150,000.00 5.75000% ~~150~~149,~~000~~502.0099 ~~718~~716.7537 0.00 0.00 B-6 301,225.27 5.75000% ~~301~~300,~~225~~227.2720 1,~~443~~438.3759 0.00 0.00 Totals 300,548,939.56 1,~~438~~389,~~043~~134.0232 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-PO 0.00 0.00 0.00 0.00 ~~429~~425,~~558~~111.1657 A-1 ~~210~~11.0712 0.00 ~~794~~746,~~899~~255.9309 0.00 ~~155~~134,~~742~~607,~~514~~176.1494 A-2 512.6992 0.00 195,~~582~~631.4825 0.00 40,828,000.00 A-3 583.2328 0.00 220,~~358~~413.4338 0.00 46,000,000.00 A-4 543.8009 0.00 207,~~381~~432.2495 0.00 43,291,000.00 A-R 0.00 0.00 0.4800 0.00 0.00 B-1 20.6615 0.00 10,~~079~~048.0011 0.00 2,~~097~~090,~~028~~296.6659 B-2 0.7604 0.00 2,~~879~~870.0321 0.00 ~~599~~597,~~008~~085.6667 B-3 0.7604 0.00 2,~~879~~870.0321 0.00 ~~599~~597,~~008~~085.6667 B-4 0.3802 0.00 1,~~441~~437.9149 0.00 ~~300~~299,~~002~~039.6758 B-5 0.1901 0.00 ~~718~~716.5636 0.00 149,~~502~~023.9905 B-6 0.3802 0.00 1,~~442~~438.9957 0.00 ~~300~~299,~~227~~263.2039 Totals ~~379~~20.9269 0.00 1,~~437~~389,~~663~~113.0862 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-PO 435,614.29 0.00000% ~~1000~~986.~~00000000~~09749464 0.00000000 0.00000000 0.00000000 A-1 165,936,000.00 5.75000% ~~1000~~938.~~00000000~~56977473 4.~~79166667~~49731348 0.00000000 0.00000000 A-2 40,828,000.00 5.75000% 1000.00000000 4.79166675 0.00000000 0.00000000 A-3 46,000,000.00 5.75000% 1000.00000000 4.79166674 0.00000000 0.00000000 A-4 43,291,000.00 5.75000% 1000.00000000 4.79166663 0.00000000 0.00000000 A-R 100.00 5.75000% ~~1000~~0.00000000 40.~~80000000~~00000000 0.00000000 0.00000000 B-1 2,104,000.00 5.75000% ~~1000~~996.~~00000000~~68662548 4.~~79166825~~77578897 0.00000000 0.00000000 B-2 601,000.00 5.75000% ~~1000~~996.~~00000000~~68662230 4.~~79166389~~77579035 0.00000000 0.00000000 B-3 601,000.00 5.75000% ~~1000~~996.~~00000000~~68662230 4.~~79166389~~77579035 0.00000000 0.00000000 B-4 301,000.00 5.75000% ~~1000~~996.~~00000000~~68661130 4.~~79166113~~77578073 0.00000000 0.00000000 B-5 150,000.00 5.75000% ~~1000~~996.~~00000000~~68660000 4.~~79166667~~77580000 0.00000000 0.00000000 B-6 301,225.27 5.75000% ~~1000~~996.~~00000000~~68663257 4.~~79166306~~77579454 0.00000000 0.00000000 (5) All classes are per $1000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~986~~975.~~09749464~~88986348 A-1 0.~~00126597~~00006701 0.00000000 4.~~79040070~~49724647 0.00000000 ~~938~~811.~~56977473~~19935963 A-2 0.~~00126604~~00007152 0.00000000 4.~~79040071~~79159523 0.00000000 1000.00000000 A-3 0.~~00126587~~00007130 0.00000000 4.~~79040065~~79159522 0.00000000 1000.00000000 A-4 0.~~00126585~~00007138 0.00000000 4.~~79040078~~79159525 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 40.~~80000000~~00000000 0.00000000 0.00000000 B-1 0.~~00126426~~00007129 0.00000000 4.~~79039924~~77571768 0.00000000 ~~996~~993.~~68662548~~48697243 B-2 0.~~00126456~~00006656 0.00000000 4.~~79039933~~77572379 0.00000000 ~~996~~993.~~68662230~~48697171 B-3 0.~~00126456~~00006656 0.00000000 4.~~79039933~~77572379 0.00000000 ~~996~~993.~~68662230~~48697171 B-4 0.~~00126246~~00006645 0.00000000 4.~~79039867~~77571429 0.00000000 ~~996~~993.~~68661130~~48697674 B-5 0.~~00126667~~00006667 0.00000000 4.~~79040000~~77573333 0.00000000 ~~996~~993.~~68660000~~48700000 B-6 0.~~00126151~~00006640 0.00000000 4.~~79040155~~77572815 0.00000000 ~~996~~993.~~68663257~~48700061 (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 054,766.0058 Deposits Payments of Interest and Principal 1122,~~767~~407,~~704~~386.4389 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0138,432.0016 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 1122,~~767~~545,~~704~~819.4305 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 6258,~~186~~703.3530 Payment of Interest and Principal 1122,~~650~~541,~~751~~882.5033 Total Withdrawals (Pool Distribution Amount) 1122,~~712~~600,~~937~~585.8563 Ending Balance ~~54,766~~0.5800

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 5,~~048~~915.0775 Servicing Fee Support 45,~~668~~895.1506 Non-Supported Prepayment/Curtailment Interest Shortfall ~~379~~20.9269

SERVICING FEES Gross Servicing Fee 6260,~~597~~485.8436 Master Servicing Fee 4,~~256~~113.6500 Supported Prepayment/Curtailment Interest Shortfall 45,~~668~~895.1506 Net Servicing Fee 6258,~~186~~703.3530

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 2 0 0 0 2 ~~430~~787,~~000~~118.0029 0.00 0.00 0.00 ~~430~~787,~~000~~118.0029 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 2 0 0 0 2 ~~430~~787,~~000~~118.0029 0.00 0.00 0.00 ~~430~~787,~~000~~118.0029 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~316957~~336134% 0.000000% 0.000000% 0.000000% 0.~~316957~~336134% 024.~~152242~~465107% 0.000000% 0.000000% 0.000000% 024.~~152242~~465107% 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.~~316957~~336134% 0.000000% 0.000000% 0.000000% 0.~~316957~~336134% 024.~~152242~~465107% 0.000000% 0.000000% 0.000000% 024.~~152242~~465107%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~103~~295,~~337~~737.4502

SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 4,058,225.27 1.35027103% 4,~~044~~031,~~778~~793.8495 1.~~39313792~~49778876% 98.~~604798~~499842% 100.000000% Class B-1 1,954,225.27 0.65021865% 1,~~947~~941,~~750~~497.1836 0.~~67086106~~72125534% 0.~~723347~~777762% 0.000000% Class B-2 1,353,225.27 0.45025122% 1,~~348~~344,~~741~~411.5269 0.~~46454529~~49944138% 0.~~206621~~222165% 0.000000% Class B-3 752,225.27 0.25028379% ~~749~~747,~~732~~326.8602 0.~~25822951~~27762741% 0.~~206621~~222165% 0.000000% Class B-4 451,225.27 0.15013371% ~~449~~448,~~730~~286.1944 0.~~15489999~~16653589% 0.~~103483~~111267% 0.000000% Class B-5 301,225.27 0.10022503% ~~300~~299,~~227~~263.2039 0.~~10340686~~11117466% 0.~~051569~~055449% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~103560~~111351% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Fixed 15 Year Weighted Average Gross Coupon 6.~~298253~~294780% Weighted Average Pass-Through Rate 5.750000% Weighted Average Maturity(Stepdown Calculation ) ~~177~~176 Beginning Scheduled Collateral Loan Count ~~647~~631 Number Of Loans Paid In Full 1636 Ending Scheduled Collateral Loan Count ~~631~~595 Beginning Scheduled Collateral Balance ~~300~~290,~~548~~335,~~939~~851.5615 Ending Scheduled Collateral Balance ~~290~~269,~~335~~183,~~851~~082.1544 Ending Actual Collateral Balance at 3031-~~Sep~~Oct-2002 ~~282~~3,~~445~~217,~~255~~309.6477 Ending Scheduled Balance For Wells Fargo Serviced ~~287~~266,~~587~~522,~~033~~495.8152 Ending Scheduled Balance For Other Servicers 2,~~748~~660,~~817~~586.3492 Monthly P &I Constant 2,~~529~~454,~~595~~631.0665 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 1122,~~612~~505,~~183~~090.2229 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans ~~267~~247,~~826~~729,~~577~~555.5779 Ending scheduled Balance For discounted Loans 2221,~~509~~453,~~273~~526.5865 Scheduled Principal ~~995~~932,~~917~~209.5185 Unscheduled Principal 920,~~217~~220,~~170~~558.9086 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% ~~288~~267,~~842~~775,~~364~~347.4212 Greater Than 80%, less than or equal to 85% 1997,~~002,460~~180.6295 Greater than 85%, less than or equal to 95% ~~479~~477,~~507~~893.2930 Greater than 95% 0.00

Filing Compare · WELLS FARGO ASSET SECURITIES CORP MOR PAS THR CER SE 2002-16