8-K 1 wfm02016.txt DECEMBER 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 26, 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 December 26, 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 December 26, 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: 1/3/03 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 December 26, 2002 distribution. EX-99.1

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 1011/3130/02 Distribution Date: 1112/2526/02 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% ~~429~~425,~~558~~111.1657 0.00 46,~~446~~294.6013 A-1 94979GAA2 5.75000% ~~155~~134,~~742~~607,~~514~~176.1494 ~~746~~644,~~255~~975.0923 2120,~~135~~761,~~337~~143.2072 A-2 94979GAB0 5.75000% 40,828,000.00 195,~~631~~628.2586 0.00 A-3 94979GAC8 5.75000% 46,000,000.00 220,~~413~~410.3869 0.00 A-4 94979GAD6 5.75000% 43,291,000.00 207,~~432~~430.9542 0.00 A-R 94979GAF1 5.75000% 0.00 0.00 0.00 B-1 94979GAG9 5.75000% 2,~~097~~090,~~028~~296.6659 10,~~048~~015.1173 6,~~732~~755.0778 B-2 94979GAH7 5.75000% ~~599~~597,~~008~~085.6667 2,~~870~~860.2196 1,~~922~~929.9977 B-3 94979GAJ3 5.75000% ~~599~~597,~~008~~085.6667 2,~~870~~860.2196 1,~~922~~929.9977 B-4 94979GAK0 5.75000% ~~300~~299,~~002~~039.6758 1,~~437~~432.4986 ~~963~~966.1049 B-5 94979GAL8 5.75000% 149,~~502~~023.9905 ~~716~~714.3605 ~~479~~481.9564 B-6 94979GAM6 5.75000% ~~300~~299,~~227~~263.2039 1,~~438~~433.5793 ~~963~~967.8221 Totals ~~290~~269,~~335~~183,~~851~~082.1446 1,~~389~~287,~~113~~763.6269 2120,~~152~~780,~~768~~468.7251

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-PO 0.00 ~~425~~418,~~111~~817.5743 46,~~446~~294.6013 0.00 A-1 0.00 ~~134~~113,~~607~~846,~~176~~033.9422 21,~~881~~406,~~592~~118.2995 0.00 A-2 0.00 40,828,000.00 195,~~631~~628.2586 0.00 A-3 0.00 46,000,000.00 220,~~413~~410.3869 0.00 A-4 0.00 43,291,000.00 207,~~432~~430.9542 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 2,~~090~~083,~~296~~540.5980 16,~~780~~771.1851 0.00 B-2 0.00 ~~597~~595,~~085~~155.6790 4,~~793~~790.2073 0.00 B-3 0.00 ~~597~~595,~~085~~155.6790 4,~~793~~790.2073 0.00 B-4 0.00 ~~299~~298,~~039~~073.5809 2,~~400~~399.5935 0.00 B-5 0.00 ~~149~~148,~~023~~541.0541 1,~~196~~195.3169 0.00 B-6 0.00 ~~299~~298,~~263~~296.3917 2,~~402~~401.3914 0.00 Totals 0.00 ~~269~~248,~~183~~402,~~082~~613.4692 22,~~541~~068,~~882~~232.3420 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 ~~429~~425,~~558~~111.1657 1,~~526~~517.5534 24,~~920~~776.0580 0.00 0.00 A-1 165,936,000.00 ~~155~~134,~~742~~607,~~514~~176.1494 ~~917~~855,~~698~~587.3996 2019,~~217~~905,~~638~~555.8175 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 0.00 0.00 0.00 0.00 0.00 B-1 2,104,000.00 2,~~097~~090,~~028~~296.6659 6,~~732~~755.0778 0.00 0.00 0.00 B-2 601,000.00 ~~599~~597,~~008~~085.6667 1,~~922~~929.9977 0.00 0.00 0.00 B-3 601,000.00 ~~599~~597,~~008~~085.6667 1,~~922~~929.9977 0.00 0.00 0.00 B-4 301,000.00 ~~300~~299,~~002~~039.6758 ~~963~~966.1049 0.00 0.00 0.00 B-5 150,000.00 149,~~502~~023.9905 ~~479~~481.9564 0.00 0.00 0.00 B-6 301,225.27 ~~300~~299,~~227~~263.2039 ~~963~~967.8221 0.00 0.00 0.00 Totals 300,548,939.56 ~~290~~269,~~335~~183,~~851~~082.1446 ~~932~~870,~~209~~135.8696 2019,~~220~~910,~~558~~332.8655 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 46,~~446~~294.6013 ~~425~~418,~~111~~817.5743 0.~~97588986~~96144098 46,~~446~~294.6013 A-1 2120,~~135~~761,~~337~~143.2072 ~~134~~113,~~607~~846,~~176~~033.9422 0.~~81119936~~68608399 2120,~~135~~761,~~337~~143.2072 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 0.00 0.00 0.00000000 0.00 B-1 6,~~732~~755.0778 2,~~090~~083,~~296~~540.5980 0.~~99348697~~99027605 6,~~732~~755.0778 B-2 1,~~922~~929.9977 ~~597~~595,~~085~~155.6790 0.~~99348697~~99027604 1,~~922~~929.9977 B-3 1,~~922~~929.9977 ~~597~~595,~~085~~155.6790 0.~~99348697~~99027604 1,~~922~~929.9977 B-4 ~~963~~966.1049 ~~299~~298,~~039~~073.5809 0.~~99348698~~99027605 ~~963~~966.1049 B-5 ~~479~~481.9564 ~~149~~148,~~023~~541.0541 0.~~99348700~~99027607 ~~479~~481.9564 B-6 ~~963~~967.8221 ~~299~~298,~~263~~296.3917 0.~~99348700~~99027605 ~~963~~967.8221 Totals 2120,~~152~~780,~~768~~468.7251 ~~269~~248,~~183~~402,~~082~~613.4692 0.~~89563810~~82649639 2120,~~152~~780,~~768~~468.7251

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-PO 435,614.29 ~~986~~975.~~09749464~~88986348 3.~~50436162~~48321907 610.~~70329249~~96566414 0.00000000 A-1 165,936,000.00 ~~938~~811.~~56977473~~19935963 5.~~53043577~~15613224 ~~121~~119.~~83997933~~95923579 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 0.00000000 0.00000000 0.00000000 0.00000000 B-1 2,104,000.00 ~~996~~993.~~68662548~~48697243 3.~~19965304~~21092205 0.00000000 0.00000000 B-2 601,000.00 ~~996~~993.~~68662230~~48697171 3.~~19965058~~21093178 0.00000000 0.00000000 B-3 601,000.00 ~~996~~993.~~68662230~~48697171 3.~~19965058~~21093178 0.00000000 0.00000000 B-4 301,000.00 ~~996~~993.~~68661130~~48697674 3.~~19966777~~21093023 0.00000000 0.00000000 B-5 150,000.00 ~~996~~993.~~68660000~~48700000 3.~~19966667~~21093333 0.00000000 0.00000000 B-6 301,225.27 ~~996~~993.~~68663257~~48700061 3.~~19966515~~21091919 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 1014.~~20765412~~44886025 ~~975~~961.~~88986348~~44098028 0.~~97588986~~96144098 1014.~~20765412~~44886025 A-1 0.00000000 ~~127~~125.~~37041510~~11536809 ~~811~~686.~~19935963~~08399154 0.~~81119936~~68608399 ~~127~~125.~~37041510~~11536809 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 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 3.~~19965304~~21092205 ~~993~~990.~~48697243~~27604563 0.~~99348697~~99027605 3.~~19965304~~21092205 B-2 0.00000000 3.~~19965058~~21093178 ~~993~~990.~~48697171~~27603993 0.~~99348697~~99027604 3.~~19965058~~21093178 B-3 0.00000000 3.~~19965058~~21093178 ~~993~~990.~~48697171~~27603993 0.~~99348697~~99027604 3.~~19965058~~21093178 B-4 0.00000000 3.~~19966777~~21093023 ~~993~~990.~~48697674~~27604651 0.~~99348698~~99027605 3.~~19966777~~21093023 B-5 0.00000000 3.~~19966667~~21093333 ~~993~~990.~~48700000~~27606667 0.~~99348700~~99027607 3.~~19966667~~21093333 B-6 0.00000000 3.~~19966515~~21091919 ~~993~~990.~~48700061~~27604822 0.~~99348700~~99027605 3.~~19966515~~21091919 (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% ~~429~~425,~~558~~111.1657 0.00 0.00 0.00 A-1 165,936,000.00 5.75000% ~~155~~134,~~742~~607,~~514~~176.1494 ~~746~~644,~~266~~992.2172 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% 0.00 0.00 0.00 0.00 B-1 2,104,000.00 5.75000% 2,~~097~~090,~~028~~296.6659 10,~~048~~016.2600 0.00 0.00 B-2 601,000.00 5.75000% ~~599~~597,~~008~~085.6667 2,~~870~~861.2504 0.00 0.00 B-3 601,000.00 5.75000% ~~599~~597,~~008~~085.6667 2,~~870~~861.2504 0.00 0.00 B-4 301,000.00 5.75000% ~~300~~299,~~002~~039.6758 1,~~437~~432.5190 0.00 0.00 B-5 150,000.00 5.75000% 149,~~502~~023.9905 ~~716~~714.3707 0.00 0.00 B-6 301,225.27 5.75000% ~~300~~299,~~227~~263.2039 1,~~438~~433.5997 0.00 0.00 Totals 300,548,939.56 1,~~389~~287,~~134~~798.3262 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 ~~425~~418,~~111~~817.5743 A-1 1117.1249 0.00 ~~746~~644,~~255~~975.0923 0.00 ~~134~~113,~~607~~846,~~176~~033.9422 A-2 25.9230 0.00 195,~~631~~628.2586 0.00 40,828,000.00 A-3 35.2898 0.00 220,~~413~~410.3869 0.00 46,000,000.00 A-4 35.0962 0.00 207,~~432~~430.9542 0.00 43,291,000.00 A-R 0.00 0.00 0.00 0.00 0.00 B-1 0.1527 0.00 10,~~048~~015.1173 0.00 2,~~090~~083,~~296~~540.5980 B-2 0.0408 0.00 2,~~870~~860.2196 0.00 ~~597~~595,~~085~~155.6790 B-3 0.0408 0.00 2,~~870~~860.2196 0.00 ~~597~~595,~~085~~155.6790 B-4 0.0204 0.00 1,~~437~~432.4986 0.00 ~~299~~298,~~039~~073.5809 B-5 0.0102 0.00 ~~716~~714.3605 0.00 ~~149~~148,~~023~~541.0541 B-6 0.0204 0.00 1,~~438~~433.5793 0.00 ~~299~~298,~~263~~296.3917 Totals 2034.6992 0.00 1,~~389~~287,~~113~~763.6269 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% ~~986~~975.~~09749464~~88986348 0.00000000 0.00000000 0.00000000 A-1 165,936,000.00 5.75000% ~~938~~811.~~56977473~~19935963 43.~~49731348~~88699691 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% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 2,104,000.00 5.75000% ~~996~~993.~~68662548~~48697243 4.~~77578897~~76045627 0.00000000 0.00000000 B-2 601,000.00 5.75000% ~~996~~993.~~68662230~~48697171 4.~~77579035~~76046589 0.00000000 0.00000000 B-3 601,000.00 5.75000% ~~996~~993.~~68662230~~48697171 4.~~77579035~~76046589 0.00000000 0.00000000 B-4 301,000.00 5.75000% ~~996~~993.~~68661130~~48697674 4.~~77578073~~76046512 0.00000000 0.00000000 B-5 150,000.00 5.75000% ~~996~~993.~~68660000~~48700000 4.~~77580000~~76046667 0.00000000 0.00000000 B-6 301,225.27 5.75000% ~~996~~993.~~68663257~~48700061 4.~~77579454~~76045718 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 ~~975~~961.~~88986348~~44098028 A-1 0.~~00006701~~00010540 0.00000000 43.~~49724647~~88689151 0.00000000 ~~811~~686.~~19935963~~08399154 A-2 0.~~00007152~~00012981 0.00000000 4.~~79159523~~79153669 0.00000000 1000.00000000 A-3 0.~~00007130~~00013000 0.00000000 4.~~79159522~~79153674 0.00000000 1000.00000000 A-4 0.~~00007138~~00012982 0.00000000 4.~~79159525~~79153681 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.~~00007129~~00012833 0.00000000 4.~~77571768~~76032795 0.00000000 ~~993~~990.~~48697243~~27604563 B-2 0.~~00006656~~00013311 0.00000000 4.~~77572379~~76033278 0.00000000 ~~993~~990.~~48697171~~27603993 B-3 0.~~00006656~~00013311 0.00000000 4.~~77572379~~76033278 0.00000000 ~~993~~990.~~48697171~~27603993 B-4 0.~~00006645~~00013289 0.00000000 4.~~77571429~~76033223 0.00000000 ~~993~~990.~~48697674~~27604651 B-5 0.~~00006667~~00013333 0.00000000 4.~~77573333~~76033333 0.00000000 ~~993~~990.~~48700000~~27606667 B-6 0.~~00006640~~00013279 0.00000000 4.~~77572815~~76032439 0.00000000 ~~993~~990.~~48700061~~27604822 (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 ~~54,766~~0.5800 Deposits Payments of Interest and Principal 22,~~407~~318,~~386~~589.8944 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~138,432~~0.1600 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 22,~~545~~318,~~819~~589.0544 Withdrawals Reimbursement for Servicer Advances 0138,432.0016 Payment of Service Fee 5843,~~703~~201.3027 Payment of Interest and Principal 22,~~541~~068,~~882~~232.3319 Total Withdrawals (Pool Distribution Amount) 22,~~600~~249,~~585~~865.6362 Ending Balance 068,723.0083

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 516,~~915~~723.7569 Servicing Fee Support 516,~~895~~688.0677 Non-Supported Prepayment/Curtailment Interest Shortfall 2034.6992

SERVICING FEES Gross Servicing Fee 6056,~~485~~076.3681 Master Servicing Fee 43,~~113~~813.0022 Supported Prepayment/Curtailment Interest Shortfall 516,~~895~~688.0677 Net Servicing Fee 5843,~~703~~201.3027

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 20 0 0 0 20 ~~787,118~~0.2900 0.00 0.00 0.00 ~~787,118~~0.2900 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 20 0 0 0 20 ~~787,118~~0.2900 0.00 0.00 0.00 ~~787,118~~0.2900 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.~~336134~~000000% 0.000000% 0.000000% 0.000000% 0.~~336134~~000000% 240.~~465107~~000000% 0.000000% 0.000000% 0.000000% 240.~~465107~~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.~~336134~~000000% 0.000000% 0.000000% 0.000000% 0.~~336134~~000000% 240.~~465107~~000000% 0.000000% 0.000000% 0.000000% 240.~~465107~~000000%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~295~~116,~~737~~996.0221

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,~~031~~018,~~793~~763.9527 1.~~49778876~~61784258% 98.~~499842~~379425% 100.000000% Class B-1 1,954,225.27 0.65021865% 1,~~941~~935,~~497~~222.3647 0.~~72125534~~77906687% 0.~~777762~~840192% 0.000000% Class B-2 1,353,225.27 0.45025122% 1,~~344~~340,~~411~~066.6957 0.~~49944138~~53947362% 0.~~222165~~239998% 0.000000% Class B-3 752,225.27 0.25028379% ~~747~~744,~~326~~910.0267 0.~~27762741~~29988037% 0.~~222165~~239998% 0.000000% Class B-4 451,225.27 0.15013371% ~~448~~446,~~286~~837.4458 0.~~16653589~~17988441% 0.~~111267~~120199% 0.000000% Class B-5 301,225.27 0.10022503% ~~299~~298,~~263~~296.3917 0.~~11117466~~12008576% 0.~~055449~~059900% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~111351~~120289% 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.~~294780~~289170% Weighted Average Pass-Through Rate 5.750000% Weighted Average Maturity (Stepdown Calculation) ~~176~~175 Beginning Scheduled Collateral Loan Count ~~631~~595 Number Of Loans Paid In Full 3638 Ending Scheduled Collateral Loan Count ~~595~~557 Beginning Scheduled Collateral Balance ~~290~~269,~~335~~183,~~851~~082.1544 Ending Scheduled Collateral Balance ~~269~~248,~~183~~402,~~082~~613.4494 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2002 3245,~~217~~658,~~309~~947.7779 Ending Scheduled Balance For Wells Fargo Serviced ~~266~~246,~~522~~118,~~495~~734.5247 Ending Scheduled Balance For Other Servicers 2,~~660~~283,~~586~~879.9247 Monthly P &I Constant 2,~~454~~284,~~631~~189.6597 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 22,~~505~~029,~~090~~623.2931 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans ~~247~~228,~~729~~623,~~555~~921.7946 Ending ~~scheduled~~Scheduled Balance ~~For~~for ~~discounted~~Discount Loans 2119,~~453~~778,~~526~~692.6548 Scheduled Principal ~~932~~870,~~209~~135.8595 Unscheduled Principal 2019,~~220~~910,~~558~~332.8655 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% ~~267~~246,~~775~~907,~~347~~500.1255 Greater Than 80%, less than or equal to 85% ~~997~~995,~~180~~212.9560 Greater than 85%, less than or equal to 95% ~~477~~476,~~893~~270.3006 Greater than 95% 0.00

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