8-K 1 opt02003.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 OPTION ONE MORTGAGE LOAN TRUST Asset-Backed Certificates, Series 2002-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-82832-02 Pooling and Servicing Agreement) (Commission 52-2365598 (State or other File Number) 52-2365599 jurisdiction 52-2365600 of Incorporation) IRS EIN c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 OPTION ONE MORTGAGE LOAN TRUST, Asset-Backed 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 Asset-Backed Certificates, Series 2002-3 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. OPTION ONE MORTGAGE LOAN TRUST Asset-Backed Certificates, Series 2002-3 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee 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 Asset-Backed Certificates, Series 2002-3 Trust, relating to the December 26, 2002 distribution. EX-99.1

Option One Mortgage Loan Trust Mortgage Pass-Through Certificates Record Date: 1011/3130/02 Distribution Date: 1112/2526/02 OOMC 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 A1 68389FCF9 SEN 21.~~08000~~63000% ~~793~~781,~~114~~261,~~162~~404.5135 1,~~420~~096,~~555~~587.5919 1113,~~852~~926,~~758~~358.1639 A2 68389FCG7 SEN 21.~~10000~~65000% ~~338~~331,~~366~~052,~~963~~867.4708 ~~611~~470,~~880~~370.2695 74,~~314~~505,~~096~~061.3922 S 68389FCL6 SEN 5.50000% 0.00 607,291.67 0.00 M1 68389FCH5 MEZ 2.~~48000~~03000% 53,000,000.00 ~~113~~92,~~184~~646.4494 0.00 M2 68389FCJ1 MEZ 2.~~96000~~51000% 46,375,000.00 ~~118~~100,~~204~~234.7241 0.00 M3 68389FCK8 MEZ 3.~~68000~~23000% 39,750,000.00 ~~125~~110,~~963~~560.3321 0.00 C OPT02003C JUN 0.00000% 6,624,900.00 5,~~372~~730,~~903~~574.1361 0.00 R1 OPT0203R1 JUN 0.00000% 0.00 0.00 0.00 R2 OPT0203R2 JUN 0.00000% 0.00 0.00 0.00 R3 OPT0203R3 JUN 0.00000% 0.00 0.00 0.00 P OPT02003P JUN 0.00000% 100.00 ~~496~~404,~~483~~283.8357 0.00 Totals 1,~~277~~258,~~231~~064,~~125~~271.9843 8,~~866~~612,~~466~~549.9755 1918,~~166~~431,~~854~~419.5561

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 ~~781~~767,~~261~~335,~~404~~045.3596 1315,~~273~~022,~~313~~945.7558 0.00 A2 0.00 ~~331~~326,~~052~~547,~~867~~805.0886 74,~~925~~975,~~976~~432.6517 0.00 S 0.00 0.00 607,291.67 0.00 M1 0.00 53,000,000.00 ~~113~~92,~~184~~646.4494 0.00 M2 0.00 46,375,000.00 ~~118~~100,~~204~~234.7241 0.00 M3 0.00 39,750,000.00 ~~125~~110,~~963~~560.3321 0.00 C 0.00 6,624,900.00 5,~~372~~730,~~903~~574.1361 0.00 R1 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 P 0.00 100.00 ~~496~~404,~~483~~283.8357 0.00 Totals 0.00 1,~~258~~239,~~064~~632,~~271~~851.4382 2827,~~033~~043,~~321~~969.5216 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) A1 825,500,000.00 ~~793~~781,~~114~~261,~~162~~404.5135 0.00 1113,~~852~~893,~~758~~180.1621 0.00 0.00 A2 353,750,000.00 ~~338~~331,~~366~~052,~~963~~867.4708 0.00 74,~~314~~505,~~096~~061.3922 0.00 0.00 S 0.00 0.00 0.00 0.00 0.00 0.00 M1 53,000,000.00 53,000,000.00 0.00 0.00 0.00 0.00 M2 46,375,000.00 46,375,000.00 0.00 0.00 0.00 0.00 M3 39,750,000.00 39,750,000.00 0.00 0.00 0.00 0.00 C 6,624,900.00 6,624,900.00 0.00 0.00 0.00 0.00 R1 0.00 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 1,325,000,000.00 1,~~277~~258,~~231~~064,~~125~~271.9843 0.00 1918,~~166~~398,~~854~~241.5543 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 A1 1113,~~852~~926,~~758~~358.1639 ~~781~~767,~~261~~335,~~404~~045.3596 0.~~94640994~~92953973 1113,~~852~~926,~~758~~358.1639 A2 74,~~314~~505,~~096~~061.3922 ~~331~~326,~~052~~547,~~867~~805.0886 0.~~93583849~~92310334 74,~~314~~505,~~096~~061.3922 S 0.00 0.00 0.00000000 0.00 M1 0.00 53,000,000.00 1.00000000 0.00 M2 0.00 46,375,000.00 1.00000000 0.00 M3 0.00 39,750,000.00 1.00000000 0.00 C 0.00 6,624,900.00 1.00000000 0.00 R1 0.00 0.00 0.00000000 0.00 R2 0.00 0.00 0.00000000 0.00 R3 0.00 0.00 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 Totals 1918,~~166~~431,~~854~~419.5561 1,~~258~~239,~~064~~632,~~271~~851.4382 0.~~94948247~~93557196 1918,~~166~~431,~~854~~419.5561

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 825,500,000.00 ~~960~~946.~~76821624~~40993864 0.00000000 1416.~~35827760~~83001843 0.00000000 A2 353,750,000.00 ~~956~~935.~~51438437~~83849351 0.00000000 2012.~~67589086~~73515539 0.00000000 S 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 53,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 46,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 39,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 6,624,900.00 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A1 0.00000000 1416.~~35827760~~87021004 ~~946~~929.~~40993864~~53972860 0.~~94640994~~92953973 1416.~~35827760~~87021004 A2 0.00000000 2012.~~67589086~~73515539 ~~935~~923.~~83849351~~10333812 0.~~93583849~~92310334 2012.~~67589086~~73515539 S 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 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 A1 825,500,000.00 21.~~08000~~63000% ~~793~~781,~~114~~261,~~162~~404.5135 1,~~420~~096,~~555~~587.5919 0.00 0.00 A2 353,750,000.00 21.~~10000~~65000% ~~338~~331,~~366~~052,~~963~~867.4708 ~~611~~470,~~880~~370.2695 0.00 0.00 S 0.00 5.50000% 132,500,000.00 607,291.67 0.00 0.00 M1 53,000,000.00 2.~~48000~~03000% 53,000,000.00 ~~113~~92,~~184~~646.4494 0.00 0.00 M2 46,375,000.00 2.~~96000~~51000% 46,375,000.00 ~~118~~100,~~204~~234.7241 0.00 0.00 M3 39,750,000.00 3.~~68000~~23000% 39,750,000.00 ~~125~~110,~~963~~560.3321 0.00 0.00 C 6,624,900.00 0.00000% 6,624,900.00 0.00 0.00 0.00 R1 0.00 0.00000% 0.00 0.00 0.00 0.00 R2 0.00 0.00000% 0.00 0.00 0.00 0.00 R3 0.00 0.00000% 0.00 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 Totals 1,325,000,000.00 2,~~997~~477,~~080~~691.0137 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 A1 0.00 0.00 1,~~420~~096,~~555~~587.5919 0.00 ~~781~~767,~~261~~335,~~404~~045.3596 A2 0.00 0.00 ~~611~~470,~~880~~370.2695 0.00 ~~331~~326,~~052~~547,~~867~~805.0886 S 0.00 0.00 607,291.67 0.00 132,500,000.00 M1 0.00 0.00 ~~113~~92,~~184~~646.4494 0.00 53,000,000.00 M2 0.00 0.00 ~~118~~100,~~204~~234.7241 0.00 46,375,000.00 M3 0.00 0.00 ~~125~~110,~~963~~560.3321 0.00 39,750,000.00 C 0.00 0.00 5,~~372~~730,~~903~~574.1361 0.00 6,624,900.00 R1 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 ~~496~~404,~~483~~283.8357 0.00 100.00 Totals 0.00 0.00 8,~~866~~612,~~466~~549.9755 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 A1 825,500,000.00 21.~~08000~~63000% ~~960~~946.~~76821624~~40993864 1.~~72084263~~32839151 0.00000000 0.00000000 A2 353,750,000.00 21.~~10000~~65000% ~~956~~935.~~51438437~~83849351 1.~~72969685~~32967053 0.00000000 0.00000000 S 0.00 5.50000% 1000.00000000 4.58333336 0.00000000 0.00000000 M1 53,000,000.00 2.~~48000~~03000% 1000.00000000 21.~~13555547~~74805547 0.00000000 0.00000000 M2 46,375,000.00 2.~~96000~~51000% 1000.00000000 2.~~54888884~~16138889 0.00000000 0.00000000 M3 39,750,000.00 3.~~68000~~23000% 1000.00000000 32.~~16888881~~78138893 0.00000000 0.00000000 C 6,624,900.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 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 A1 0.00000000 0.00000000 1.~~72084263~~32839151 0.00000000 ~~946~~929.~~40993864~~53972860 A2 0.00000000 0.00000000 1.~~72969685~~32967053 0.00000000 ~~935~~923.~~83849351~~10333812 S 0.00000000 0.00000000 4.58333336 0.00000000 1000.00000000 M1 0.00000000 0.00000000 21.~~13555547~~74805547 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.~~54888884~~16138889 0.00000000 1000.00000000 M3 0.00000000 0.00000000 32.~~16888881~~78138893 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~811~~865.~~01648780~~00545065 0.00000000 1000.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 ~~4964838~~4042835.~~30000000~~70000000 0.00000000 1000.00000000 (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 ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 2827,~~501~~623,~~085~~648.2228 Liquidations, Insurance Proceeds, Reserve Funds 10.1598 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0(33,178.0018) Prepayment Penalties ~~496~~404,~~483~~283.8357 Total Deposits 2827,~~997~~994,~~570~~754.2065 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~964~~950,~~248~~785.6849 Payment of Interest and Principal 2827,~~033~~043,~~321~~969.5216 Total Withdrawals (Pool Distribution Amount) 2827,~~997~~994,~~570~~754.2065 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~319~~314,~~307~~516.7206 Radian PMI Policy Fee ~~641~~633,~~754~~130.2625 Wells Fargo 3,~~186~~139.7018 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~964~~950,~~248~~785.6849

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 0.0098 0.0098 1,000.00

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 1820 30 0 2120 2,~~629~~247,~~454~~871.5525 ~~268,047~~0.5600 0.00 2,~~897~~247,~~502~~871.1125 30 Days ~~134~~131 21 35 0 ~~139~~137 1718,~~263~~833,~~809~~403.9435 ~~314~~299,~~384~~057.7941 ~~412~~600,~~876~~867.9030 0.00 1719,~~991~~733,~~071~~328.6306 60 Days 1625 23 5759 0 7587 13,~~799~~184,~~137~~853.3878 ~~247~~467,~~723~~662.7643 7,~~873~~948,~~391~~483.6788 0.00 911,~~920~~601,~~252~~000.8109 90 Days 5 1728 ~~109~~154 34 ~~134~~191 ~~850~~572,~~648~~583.2717 12,~~735~~610,~~539~~380.1743 1421,809,~~285~~391.5177 ~~204~~267,~~242~~656.2439 1725,~~599~~260,~~715~~011.1976 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 ~~155~~161 3952 ~~172~~218 34 ~~369~~435 1922,~~913~~590,~~595~~840.5930 45,~~927~~624,~~102~~971.2752 2330,~~363~~358,~~601~~742.6495 ~~204~~267,~~242~~656.2439 4858,~~408~~842,~~541~~211.7416 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.~~198282~~223065% 0.~~033047~~000000% 0.000000% 0.~~231328~~223065% 0.~~208950~~181265% 0.~~021300~~000000% 0.000000% 0.~~230251~~181265% 30 Days 1.~~476096~~461075% 0.~~022031~~011153% 0.~~033047~~055766% 0.000000% 1.~~531174~~527995% 1.~~371873~~518700% 0.~~024983~~024116% 0.~~032809~~048453% 0.000000% 1.~~429665~~591269% 60 Days 0.~~176250~~278831% 0.~~022031~~033460% 0.~~627892~~658041% 0.000000% 0.~~826173~~970332% 0.~~142969~~256822% 0.~~019685~~037712% 0.~~625661~~640955% 0.000000% 0.~~788315~~935489% 90 Days 0.~~055078~~055766% 0.~~187266~~312291% 1.~~200705~~717600% 0.~~033047~~044613% 12.~~476096~~130270% 0.~~067597~~046172% 0.~~137915~~210498% 1.~~176823~~758680% 0.~~016230~~021583% 12.~~398566~~036933% 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.~~707425~~795673% 0.~~429610~~579969% 12.~~894690~~431408% 0.~~033047~~044613% 4.~~064772~~851662% 1.~~582439~~821695% 0.~~391533~~453590% 12.~~856594~~448088% 0.~~016230~~021583% 34.~~846796~~744957% (7) Delinquencies 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 section and Group 2 is reported in the Group 3 section.

Delinquency Status By Groups

~~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 34 10 0 4 ~~230~~335,~~621~~192.2938 ~~69,806~~0.2600 0.00 ~~300~~335,~~427~~192.5538 30 Days 12 0 01 0 1213 ~~948~~1,~~246~~407,987.7834 0.00 069,773.0003 0.00 ~~948~~1,~~246~~477,760.7837 60 Days 24 0 94 0 118 ~~100~~273,~~174~~768.9471 0.00 ~~826~~391,~~865~~697.9330 0.00 ~~927~~665,~~040~~466.8701 90 Days 1 2 1725 1 2129 60,~~873~~851.2037 131,~~321~~279.2992 12,~~720~~315,~~958~~078.7260 67,~~081~~061.4601 12,~~980~~574,~~234~~270.6790 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 1517 56 2730 1 4854 1,~~109~~742,~~294~~607.9242 ~~361~~466,~~942~~472.5830 2,~~617~~776,~~630~~548.9193 67,~~081~~061.4601 45,~~155~~052,~~949~~689.8766 0-29 Days 0.~~233645~~315956% 0.~~077882~~000000% 0.000000% 0.~~311526~~315956% 0.~~146429~~215808% 0.~~044322~~000000% 0.000000% 0.~~190751~~215808% 30 Days 0.~~934579~~947867% 0.000000% 0.~~000000~~078989% 0.000000% 01.~~934579~~026856% 0.~~602072~~906508% 0.000000% 0.~~000000~~044922% 0.000000% 0.~~602072~~951430% 60 Days 0.~~155763~~315956% 0.000000% 0.~~700935~~315956% 0.000000% 0.~~856698~~631912% 0.~~063604~~176261% 0.000000% 0.~~525003~~252187% 0.000000% 0.~~588607~~428449% 90 Days 0.~~077882~~078989% 0.~~155763~~157978% 1.~~323988~~974724% 0.~~077882~~078989% 12.~~635514~~290679% 0.~~038650~~039178% 0.~~083380~~084522% 1.~~092691~~490523% 0.~~042592~~043176% 1.~~257313~~657399% 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.~~168224~~342812% 0.~~389408~~473934% 2.~~102804~~369668% 0.~~077882~~078989% 34.~~738318~~265403% 01.~~704326~~121947% 0.~~229809~~300330% 1.~~662016~~787632% 0.~~042592~~043176% 23.~~638744~~253086% 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 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 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 1516 20 0 1716 21,~~398~~912,~~833~~678.2687 ~~198,241~~0.3000 0.00 21,~~597~~912,~~074~~678.5687 30 Days ~~122~~119 21 34 0 ~~127~~124 1617,~~315~~425,~~563~~416.1601 ~~314~~299,~~384~~057.7941 ~~412~~531,~~876~~094.9027 0.00 1718,~~042~~255,~~824~~567.8569 60 Days 1421 23 4855 0 6479 12,~~698~~911,~~962~~085.4407 ~~247~~467,~~723~~662.7643 7,~~046~~556,~~525~~786.7458 0.00 810,~~993~~935,~~211~~534.9408 90 Days 4 1526 92129 23 ~~113~~162 ~~789~~511,~~775~~731.0780 12,~~604~~479,~~217~~100.8851 1319,~~088~~494,~~326~~313.7917 ~~137~~200,~~160~~595.7838 1522,~~619~~685,~~480~~740.5286 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 ~~140~~144 3446 ~~145~~188 23 ~~321~~381 1820,~~804~~848,~~300~~232.6788 45,~~565~~158,~~159~~499.6922 2027,~~745~~582,~~970~~194.7302 ~~137~~200,~~160~~595.7838 4453,~~252~~789,~~591~~521.8750 0-29 Days 2.~~572899~~772964% 0.~~343053~~000000% 0.000000% 2.~~915952~~772964% 32.~~578712~~876169% 0.~~295747~~000000% 0.000000% 32.~~874460~~876169% 30 Days 20.~~926244~~623917% 0.~~343053~~173310% 0.~~514580~~693241% 0.000000% 21.~~783877~~490468% 2426.~~340461~~203271% 0.~~469017~~449704% 0.~~615953~~798627% 0.000000% 2527.~~425430~~451602% 60 Days 23.~~401372~~639515% 0.~~343053~~519931% 89.~~233276~~532062% 0.000000% 1013.~~977702~~691508% 24.~~534606~~377511% 0.~~369568~~703242% 1011.~~512398~~363432% 0.000000% 1316.~~416572~~444185% 90 Days 0.~~686106~~693241% 24.~~572899~~506066% 1522.~~780446~~357019% 0.~~343053~~519931% 1928.~~382504~~076256% 10.~~178230~~769511% 23.~~393261~~727919% 1929.~~525891~~314352% 0.~~204624~~301643% 2334.~~302006~~113425% 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 24.~~013722~~956672% 57.~~831904~~972270% 2432.~~871355~~582322% 0.~~343053~~519931% 5566.~~060034~~031196% 2831.~~053298~~350293% 67.~~810558~~757034% 3041.~~949989~~476410% 0.~~204624~~301643% 6680.~~018468~~885381% 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 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%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~679~~778,~~952~~158.4192

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 8.~~769813~~767974% Weighted Average Net Coupon 8.~~469813~~467974% Weighted Average Pass-Through Rate 7.~~863870~~861071% Weighted Average Maturity (Stepdown Calculation ) ~~345~~344 Beginning Scheduled Collateral Loan Count 9,~~181~~078 Number Of Loans Paid In Full ~~103~~112 Ending Scheduled Collateral Loan Count 98,~~078~~966 Beginning Scheduled Collateral Balance 1,~~277~~258,~~231~~064,~~125~~271.9843 Ending Scheduled Collateral Balance 1,~~258~~239,~~064~~632,~~271~~851.4382 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2002 1,~~258~~240,~~411~~100,~~846~~089.2330 Monthly P &I Constant 10,~~169~~022,~~239~~077.9270 Special Servicing Fee 0.00 Prepayment Penalties ~~496~~404,~~483~~283.8357 Realized Loss Amount 033,178.0018 Cumulative Realized Loss 033,178.0018 Ending Scheduled Balance for Premium Loans 1,~~258~~239,~~064~~632,~~271~~851.4382 Scheduled Principal ~~835~~829,~~008~~848.6279 Unscheduled Principal 1817,~~331~~601,~~845~~570.9382

Credit Enhancement Percenatge 11.~~4113958731~~5852507149% Net WAC Carryover Amount 0.00 ~~Payment Rec'd on PMI Claims during Pre-Fund Period 0.00 Payment Rec'd on PMI Claims since Closing 0.00 Claims Denied by PMI during Pre-Fund Period 0.00 Claims Denied by PMI since Closing 0.00~~ Trigger Event Not Triggered In Effect Since N/A Comments N/A Stepdown Date Do Not Step Down In Effect Since N/A Comments N/A Unscheduled Principal - Voluntary ~~18331845~~17,508,233.9300 Unscheduled Principal - Involuntary 093,337.0082 Liquidated Loans with Losses covered by MI ~~0.00~~1 Losses prior to Proceeds from MI 033,178.0018 MI Proceeds received to reduce Losses 0.00

Miscellaneous Reporting General Excess Available Amt 5,~~372~~763,~~903~~752.1379 Extra Principal Distribution Amt 033,178.0018 Overcollateralization Amt 6,624,900.00 Excess Overcollateralized Amt 0.00 Overcollateralization Deficit Amt 033,178.0018 Overcollateralization Increase Amt 0.00 Overcollateralization Release Amt 0.00 Target Overcollateralization Amt 6,624,900.00

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Fixed 30 Year Mixed ARM Fixed 30 Year Weighted Average Coupon Rate 8.~~736469~~734492 8.~~783694~~779840 8.~~876401~~888272 Weighted Average Net Rate 8.~~436470~~434491 8.~~483694~~479840 8.~~576401~~588273 Weighted Average Maturity ~~345~~344 ~~345~~344 ~~345~~344 Beginning Loan Count 1,~~296~~284 5,~~344~~283 ~~588~~583 Loans Paid In Full 1218 6169 56 Ending Loan Count 1,~~284~~266 5,~~283~~214 ~~583~~577 Beginning Scheduled Balance ~~158~~157,~~985~~464,~~335~~386.4082 ~~736~~725,~~156~~825,~~827~~017.1153 6867,~~224~~015,~~175~~542.7424 Ending scheduled Balance ~~157~~155,~~464~~270,~~386~~518.8244 ~~725~~714,~~825~~092,~~017~~527.5352 6766,~~015~~478,~~542~~568.2467 Record Date 1011/3130/2002 1011/3130/2002 1011/3130/2002 Principal And Interest Constant 1,~~291~~279,~~955~~500.9738 5,~~836~~755,~~927~~688.1595 ~~564~~556,~~673~~657.0552 Scheduled Principal ~~134~~133,~~480~~357.58 ~~448~~445,~~446~~165.8486 60,~~018~~280.7552 Unscheduled Principal 12,~~386~~060,~~468~~510.0080 911,~~883~~287,~~362~~324.7415 1476,~~148,614~~693.7505 Scheduled Interest 1,~~157~~146,~~475~~142.3980 5,~~388~~310,~~480~~523.3109 ~~504~~496,~~654~~377.3000 Servicing Fees 39,~~746~~366.2713 ~~184~~181,~~039~~456.3125 1716,~~056~~753.0686 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee ~~396~~392.0630 1,~~837~~811.0739 ~~170~~167.0102 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 9594,~~319~~619.3007 ~~355~~351,~~764~~234.4865 3837,~~969~~990.7748 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,~~117~~106,~~729~~776.1268 5,~~204~~129,~~441~~066.0081 ~~487~~479,~~598~~623.2409 Realized Loss Amount 0.00 033,178.0018 0.00 Cumulative Realized Loss 0.00 033,178.0018 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.~~714023~~710431 7.~~900772~~896152 7.~~887969~~905014

Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 8.~~730975~~730924 8.~~769813~~767974 Weighted Average Net Rate 8.~~430975~~430924 8.~~469813~~467974 Weighted Average Maturity ~~345~~344 ~~345~~344 Beginning Loan Count 1,~~953~~928 9,~~181~~078 Loans Paid In Full 2519 ~~103~~112 Ending Loan Count 1,~~928~~909 98,~~078~~966 Beginning Scheduled Balance ~~313~~307,~~864~~759,~~787~~324.7384 1,~~277~~258,~~231~~064,~~125~~271.9843 Ending scheduled Balance ~~307~~303,~~759~~791,~~324~~237.8419 1,~~258~~239,~~064~~632,~~271~~851.4382 Record Date 1011/3130/2002 1011/3130/2002 Principal And Interest Constant 2,~~475~~430,~~683~~230.7585 10,~~169~~022,~~239~~077.9270 Scheduled Principal ~~192~~191,~~062~~044.4583 ~~835~~829,~~008~~848.6279 Unscheduled Principal 53,~~913~~777,~~400~~042.4482 1817,~~331~~601,~~845~~570.9382 Scheduled Interest 2,~~283~~239,~~621~~186.3002 9,~~334~~192,~~231~~228.3091 Servicing Fees 7876,~~466~~939.0882 ~~319~~314,~~307~~516.7206 Master Servicing Fees 0.00 0.00 Trustee Fee ~~783~~768.5647 3,~~186~~139.7018 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee ~~151~~149,~~700~~286.7105 ~~641~~633,~~754~~130.2625 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 2,~~205~~162,~~155~~246.2221 98,~~014~~877,~~923~~712.5879 Realized Loss Amount 0.00 033,178.0018 Cumulative Realized Loss 0.00 033,178.0018 Percentage of Cumulative Losses 0.00 0.00 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 7.~~847982~~845839 7.~~863870~~861071

Filing Compare · OPTION ONE MORT ACCEPT CORP ASSET BACKED CERT SER 2002-3