8-K 1 opt02005.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 ACCEPTANCE CORPORATION Asset-Backed Certificates, Series 2002-5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-82832-04 Pooling and Servicing Agreement) (Commission 52-2365717 (State or other File Number) 52-2365718 jurisdiction 52-2365719 of Incorporation) 52-2365720 52-2365721 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 December 26, 2002 a distribution was made to holders of OPTION ONE MORTGAGE ACCEPTANCE CORPORATION, Asset-Backed Certificates, Series 2002-5 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 2002-5 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 ACCEPTANCE CORPORATION Asset-Backed Certificates, Series 2002-5 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 2002-5 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: 2002-5 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 OPT0205A1 SEN 1.~~93000~~48000% ~~298~~295,~~670~~768,~~487~~973.0976 ~~496~~376,~~373~~941.7613 2,~~901~~948,~~513~~814.3328 S1 OPT0205S1 SEN 6.00000% 0.00 187,500.00 0.00 A2 68389FCR3 SEN 21.~~08000~~63000% ~~199~~198,~~834~~510,~~749~~066.1915 ~~357~~278,~~926~~630.2493 1,~~324~~785,~~683~~567.0458 S2 68389FCS1 SEN 6.00000% 0.00 125,000.00 0.00 M1 68389FCT9 MEZ 21.~~40000~~95000% 40,625,000.00 8368,~~958~~216.3314 0.00 M2 68389FCU6 MEZ 2.~~98000~~53000% 34,375,000.00 8874,~~210~~889.0776 0.00 M3 68389FCV4 MEZ 3.~~53000~~08000% 20,312,000.00 6153,~~742~~871.8494 0.00 M4 68389FCW2 MEZ 3.~~88000~~43000% 9,375,000.00 3127,~~322~~690.9210 0.00 B 68389FCX0 MEZ 6.80000% 10,938,000.00 61,982.00 0.00 C OPT02005C JUN 0.00000% 3,125,000.00 2,~~713~~921,~~135~~931.4615 0.00 R1 OPT0205R1 JUN 0.00000% 0.00 0.00 0.00 R2 OPT0205R2 JUN 0.00000% 0.00 0.00 0.00 R3 OPT0205R3 JUN 0.00000% 0.00 0.00 0.00 R4 OPT0205R4 JUN 0.00000% 0.00 0.00 0.00 R5 OPT0205R5 JUN 0.00000% 0.00 0.00 0.00 P OPT02005P JUN 0.00000% 100.00 77106,~~378~~934.9343 0.00 Totals ~~617~~613,~~255~~029,~~336~~139.2891 4,~~284~~283,~~530~~587.5558 4,~~226~~734,~~196~~381.3786

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 ~~295~~292,~~768~~820,~~973~~159.7648 3,~~397~~325,~~887~~755.0941 0.00 S1 0.00 0.00 187,500.00 0.00 A2 0.00 ~~198~~196,~~510~~724,~~066~~498.1557 12,~~682~~064,~~609~~198.2851 0.00 S2 0.00 0.00 125,000.00 0.00 M1 0.00 40,625,000.00 8368,~~958~~216.3314 0.00 M2 0.00 34,375,000.00 8874,~~210~~889.0776 0.00 M3 0.00 20,312,000.00 6153,~~742~~871.8494 0.00 M4 0.00 9,375,000.00 3127,~~322~~690.9210 0.00 B 0.00 10,938,000.00 61,982.00 0.00 C 0.00 3,125,000.00 2,~~713~~921,~~135~~931.4615 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 R4 0.00 0.00 0.00 0.00 R5 0.00 0.00 0.00 0.00 P 0.00 100.00 77106,~~378~~934.9343 0.00 Totals 0.00 ~~613~~608,~~029~~294,~~139~~758.9105 89,~~510~~017,~~726~~969.9244 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 303,750,000.00 ~~298~~295,~~670~~768,~~487~~973.0976 0.00 2,~~901~~948,~~513~~814.3328 0.00 0.00 S1 0.00 0.00 0.00 0.00 0.00 0.00 A2 202,500,000.00 ~~199~~198,~~834~~510,~~749~~066.1915 0.00 1,~~324~~785,~~683~~567.0458 0.00 0.00 S2 0.00 0.00 0.00 0.00 0.00 0.00 M1 40,625,000.00 40,625,000.00 0.00 0.00 0.00 0.00 M2 34,375,000.00 34,375,000.00 0.00 0.00 0.00 0.00 M3 20,312,000.00 20,312,000.00 0.00 0.00 0.00 0.00 M4 9,375,000.00 9,375,000.00 0.00 0.00 0.00 0.00 B 10,938,000.00 10,938,000.00 0.00 0.00 0.00 0.00 C 3,124,900.00 3,125,000.00 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 R4 0.00 0.00 0.00 0.00 0.00 0.00 R5 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 625,000,000.00 ~~617~~613,~~255~~029,~~336~~139.2891 0.00 4,~~226~~734,~~196~~381.3786 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 2,~~901~~948,~~513~~814.3328 ~~295~~292,~~768~~820,~~973~~159.7648 0.~~97372502~~96401699 2,~~901~~948,~~513~~814.3328 S1 0.00 0.00 0.00000000 0.00 A2 1,~~324~~785,~~683~~567.0458 ~~198~~196,~~510~~724,~~066~~498.1557 0.~~98029662~~97147901 1,~~324~~785,~~683~~567.0458 S2 0.00 0.00 0.00000000 0.00 M1 0.00 40,625,000.00 1.00000000 0.00 M2 0.00 34,375,000.00 1.00000000 0.00 M3 0.00 20,312,000.00 1.00000000 0.00 M4 0.00 9,375,000.00 1.00000000 0.00 B 0.00 10,938,000.00 1.00000000 0.00 C 0.00 3,125,000.00 1.00003200 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 R4 0.00 0.00 0.00000000 0.00 R5 0.00 0.00 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 Totals 4,~~226~~734,~~196~~381.3786 ~~613~~608,~~029~~294,~~139~~758.9105 0.~~98084662~~97327161 4,~~226~~734,~~196~~381.3786

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 303,750,000.00 ~~983~~973.~~27732375~~72501649 0.00000000 9.~~55230726~~70803055 0.00000000 S1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A2 202,500,000.00 ~~986~~980.~~83826760~~29662296 0.00000000 68.~~54164464~~81761768 0.00000000 S2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 40,625,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 34,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 20,312,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 9,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 10,938,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 3,124,900.00 1000.03200102 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 R4 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R5 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 9.~~55230726~~70803055 ~~973~~964.~~72501649~~01698594 0.~~97372502~~96401699 9.~~55230726~~70803055 S1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 0.00000000 68.~~54164464~~81761768 ~~980~~971.~~29662296~~47900528 0.~~98029662~~97147901 68.~~54164464~~81761768 S2 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 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.03200102 1.00003200 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 R4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R5 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 303,750,000.00 1.~~93000~~48000% ~~298~~295,~~670~~768,~~487~~973.0976 ~~496~~376,~~373~~941.7613 0.00 0.00 S1 0.00 6.00000% 37,500,000.00 187,500.00 0.00 0.00 A2 202,500,000.00 21.~~08000~~63000% ~~199~~198,~~834~~510,~~749~~066.1915 ~~357~~278,~~926~~630.2493 0.00 0.00 S2 0.00 6.00000% 25,000,000.00 125,000.00 0.00 0.00 M1 40,625,000.00 21.~~40000~~95000% 40,625,000.00 8368,~~958~~216.3315 0.00 0.00 M2 34,375,000.00 2.~~98000~~53000% 34,375,000.00 8874,~~210~~889.0776 0.00 0.00 M3 20,312,000.00 3.~~53000~~08000% 20,312,000.00 6153,~~742~~871.8494 0.00 0.00 M4 9,375,000.00 3.~~88000~~43000% 9,375,000.00 3127,~~322~~690.9210 0.00 0.00 B 10,938,000.00 6.80000% 10,938,000.00 61,982.00 0.00 0.00 C 3,124,900.00 0.00000% 3,125,000.00 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 R4 0.00 0.00000% 0.00 0.00 0.00 0.00 R5 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 625,000,000.00 1,~~494~~254,~~016~~722.1601 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 ~~496~~376,~~373~~941.7613 0.00 ~~295~~292,~~768~~820,~~973~~159.7648 S1 0.00 0.00 187,500.00 0.00 37,500,000.00 A2 0.00 0.00 ~~357~~278,~~926~~630.2493 0.00 ~~198~~196,~~510~~724,~~066~~498.1557 S2 0.00 0.00 125,000.00 0.00 25,000,000.00 M1 0.00 0.00 8368,~~958~~216.3314 0.00 40,625,000.00 M2 0.00 0.00 8874,~~210~~889.0776 0.00 34,375,000.00 M3 0.00 0.00 6153,~~742~~871.8494 0.00 20,312,000.00 M4 0.00 0.00 3127,~~322~~690.9210 0.00 9,375,000.00 B 0.00 0.00 61,982.00 0.00 10,938,000.00 C 0.00 0.00 2,~~713~~921,~~135~~931.4615 0.00 3,125,000.00 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 R4 0.00 0.00 0.00 0.00 0.00 R5 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 77106,~~378~~934.9343 0.00 100.00 Totals 0.00 0.00 4,~~284~~283,~~530~~587.5558 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 303,750,000.00 1.~~93000~~48000% ~~983~~973.~~27732375~~72501649 1.~~63415230~~24095845 0.00000000 0.00000000 S1 0.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 A2 202,500,000.00 21.~~08000~~63000% ~~986~~980.~~83826760~~29662296 1.~~76753699~~37595521 0.00000000 0.00000000 S2 0.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 M1 40,625,000.00 21.~~40000~~95000% 1000.00000000 21.~~06666658~~67916677 0.00000000 0.00000000 M2 34,375,000.00 2.~~98000~~53000% 1000.00000000 2.~~56611113~~17861120 0.00000000 0.00000000 M3 20,312,000.00 3.~~53000~~08000% 1000.00000000 32.~~03972233~~65222233 0.00000000 0.00000000 M4 9,375,000.00 3.~~88000~~43000% 1000.00000000 32.~~34111147~~95361067 0.00000000 0.00000000 B 10,938,000.00 6.80000% 1000.00000000 5.66666667 0.00000000 0.00000000 C 3,124,900.00 0.00000% 1000.03200102 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 R4 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R5 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.~~63415230~~24095845 0.00000000 ~~973~~964.~~72501649~~01698594 S1 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 A2 0.00000000 0.00000000 1.~~76753699~~37595521 0.00000000 ~~980~~971.~~29662296~~47900528 S2 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 M1 0.00000000 0.00000000 21.~~06666658~~67916652 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.~~56611113~~17861120 0.00000000 1000.00000000 M3 0.00000000 0.00000000 32.~~03972233~~65222233 0.00000000 1000.00000000 M4 0.00000000 0.00000000 32.~~34111147~~95361067 0.00000000 1000.00000000 B 0.00000000 0.00000000 5.66666667 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~868~~935.~~23113060~~04788953 0.00000000 1000.03200102 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 R4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 ~~773789~~1069344.30000000 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 89,~~724~~200,~~742~~346.8412 Liquidations, Insurance Proceeds, Reserve Funds 10.1286 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 77106,~~378~~934.9343 Total Deposits 89,~~802~~307,~~122~~281.8941 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~291~~289,~~395~~311.97 Payment of Interest and Principal 89,~~510~~017,~~726~~969.9244 Total Withdrawals (Pool Distribution Amount) 89,~~802~~307,~~122~~281.8941 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~257~~255,~~190~~428.0265 FHLMC Guarantee Fee 30,~~862~~562.6279 Wells Fargo 3,~~343~~320.3353 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~291~~289,~~395~~311.97

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 0.00 0.00 0.00 Financial Guaranty 0.00 0.00 0.00 0.00 Reserve Fund 1,000.0001 0.0187 0.0186 1,000.0100

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 4 0 0 4 ~~764~~677,~~047~~230.3763 0.00 0.00 ~~764~~677,~~047~~230.3763 30 Days 3753 03 0 0 3756 47,~~638~~295,~~887~~482.3029 0369,956.0037 0.00 0.00 47,~~638~~665,~~887~~438.3066 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 3753 47 0 0 4160 47,~~638~~295,~~887~~482.3029 ~~764~~1,047,187.3700 0.00 0.00 58,~~402~~342,~~934~~669.6729 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.~~094118~~094742% 0.000000% 0.000000% 0.~~094118~~094742% 0.~~124589~~111293% 0.000000% 0.000000% 0.~~124589~~111293% 30 Days 01.~~870588~~255329% 0.~~000000~~071056% 0.000000% 0.000000% 01.~~870588~~326386% 01.~~756437~~198904% 0.~~000000~~060797% 0.000000% 0.000000% 01.~~756437~~259701% 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 01.~~870588~~255329% 0.~~094118~~165798% 0.000000% 0.000000% 01.~~964706~~421127% 01.~~756437~~198904% 0.~~124589~~172090% 0.000000% 0.000000% 01.~~881026~~370993% (7) Delinquencies are stratified according to the information the Servicer has provided. All 90+ delinquencies are in the 90 day delinquency field.

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~191~~262,~~339~~932.5795

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 8.~~744876~~742092% Weighted Average Net Coupon 8.~~244876~~242092% Weighted Average Pass-Through Rate 8.~~238376~~235592% Weighted Average Maturity (Stepdown Calculation ) ~~351~~350 Beginning Scheduled Collateral Loan Count 4,~~253~~250 Number Of Loans Paid In Full 328 Ending Scheduled Collateral Loan Count 4,~~250~~222 Beginning Scheduled Collateral Balance ~~614~~613,~~120~~029,~~373~~139.6491 Ending Scheduled Collateral Balance ~~613~~608,~~029~~294,~~139~~758.9105 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2002 ~~613~~608,~~255~~512,~~022~~765.6708 Monthly P &I Constant 4,~~896~~864,~~610~~782.7912 Special Servicing Fee 0.00 Prepayment Penalties 77106,~~378~~934.9343 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~613~~608,~~029~~294,~~139~~758.9105 Scheduled Principal 398,~~423~~817.4563 Unscheduled Principal 34,~~828~~335,~~132~~564.0323

Net WAC Carryover Amount 0.00 Max Cap Rate 14.75471% 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 34,~~828~~335,~~132~~564.0323 Unscheduled Principal - Involuntary 0.00 ~~# of Subsequent Mortgage Loans Purchased 22 Amount of Subsequent Mortgage Loans Purchased 3,135,321.75~~ Group 1 Pre-Funding Acct Begin Bal ~~1,415,910~~0.1100 Group 1 Pre-Funding Acct Dist Amount ~~1,415,910~~0.1100 Group 1 Pre-Funding Acct RI to Servicer ~~822~~0.5368 Group 1 Pre-Funding Acct End Bal 0.00 Group 1 Int Cov Acct Beg Bal ~~91,464~~0.4700 Group 1 Int Cov Acct RI to Servicer ~~128~~75.6237 Group 1 Int Cov Acct Release to Servicer ~~91,464~~0.4700 Group 1 Int Cov Acct Release to Bond 0.00 Group 1 Int Cov Acct End Bal 0.00 Group 2 Pre-Funding Acct Begin Bal ~~1,719,052~~0.5300 Group 2 Pre-Funding Acct Dist Amount ~~1,719,052~~0.5300 Group 2 Pre-Funding Acct RI to Servicer ~~950~~0.5478 Group 2 Pre-Funding Acct End Bal 0.00 Group 2 Int Cov Acct Beg Bal ~~56,945~~0.6600 Group 2 Int Cov Acct RI to Servicer ~~106~~46.1295 Group 2 Int Cov Acct Release to Servicer ~~56,945~~0.6600 Group 2 Int Cov Acct Release to Bond 0.00 Group 2 Int Cov Acct End Bal 0.00

Miscellaneous Reporting General Excess Available Amt 2,~~712~~921,~~776~~931.3414 Extra Principal Distribution Amt 0.00 Overcollateralization Amt 3,125,000.00 Excess Overcollateralized Amt ~~359~~0.1100 Overcollateralization Deficit Amt 0.00 Overcollateralization Increase Amt 0.00 Overcollateralization Release Amt ~~359~~0.1100 Target Overcollateralization Amt 3,125,000.00

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 8.~~921603~~903720 8.~~778546~~774769 8.~~540749~~541163 Weighted Average Net Rate 8.~~421603~~403721 8.~~278546~~274769 8.~~040747~~041163 Weighted Average Maturity ~~351~~350 ~~351~~350 ~~351~~350 Beginning Loan Count 472 2,~~380~~373 252 Loans Paid In Full 08 712 02 Ending Loan Count ~~472~~464 2,~~373~~361 ~~252~~250 Beginning Scheduled Balance 50,~~190~~168,~~397~~699.0879 ~~318~~316,~~314~~850,~~231~~105.2250 33,~~732~~701,~~458~~120.8062 Ending scheduled Balance 5049,~~168~~347,~~699~~202.7912 ~~316~~314,~~850~~722,~~105~~788.5089 33,~~701~~489,~~120~~549.6217 Record Date 1011/3130/2002 1011/3130/2002 1011/3130/2002 Principal And Interest Constant ~~423~~416,~~409~~245.8023 2,~~525~~509,~~209~~446.3905 270,~~589~~424.6218 Scheduled Principal 44,~~202~~005.6417 192,~~198~~540.8455 30,~~505~~551.9088 Unscheduled Principal ~~792~~777,~~348~~492.5550 1,~~873~~934,~~009~~776.8506 ~~832~~181,019.2857 Scheduled Interest ~~379~~372,~~207~~240.1606 2,~~333~~316,~~010~~905.5550 ~~240~~239,~~083~~872.7230 Servicing Fees 2120,~~252~~903.1857 132,~~881~~020.3589 14,~~055~~042.2515 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee ~~276~~271.2873 1,~~727~~716.2210 182.7258 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 ~~357~~351,~~954~~336.9849 2,~~200~~184,~~129~~884.2061 ~~226~~225,~~028~~830.4715 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 8.~~415103~~397220 8.~~272047~~268269 8.~~034247~~034663

Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 8.~~684644~~687027 8.~~744876~~742092 Weighted Average Net Rate 8.~~184643~~187027 8.~~244876~~242092 Weighted Average Maturity ~~351~~350 ~~351~~350 Beginning Loan Count 1,~~149~~153 4,~~253~~250 Loans Paid In Full ~~(4)~~6 328 Ending Loan Count 1,~~153~~147 4,~~250~~222 Beginning Scheduled Balance ~~211~~212,~~883~~309,~~286~~214.5400 ~~614~~613,~~120~~029,~~373~~139.6491 Ending scheduled Balance ~~212~~210,~~309~~735,~~214~~217.0087 ~~613~~608,~~029~~294,~~139~~758.9105 Record Date 1011/3130/2002 1011/3130/2002 Principal And Interest Constant 1,~~677~~668,~~401~~666.9866 4,~~896~~864,~~610~~782.7912 Scheduled Principal 131,~~516~~720.0703 398,~~423~~817.4563 Unscheduled Principal 1,~~161~~442,~~941~~276.3510 34,~~828~~335,~~132~~564.0323 Scheduled Interest 1,~~545~~536,~~885~~946.9163 4,~~498~~465,~~187~~964.3449 Servicing Fees 8988,~~001~~462.2404 ~~257~~255,~~190~~428.0265 Master Servicing Fees 0.00 0.00 Trustee Fee 1,~~157~~150.1112 3,~~343~~320.3353 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 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,~~456~~448,~~884~~484.6759 4,~~240~~210,~~997~~535.3284 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 8.~~178142~~180527 8.~~238376~~235592

Filing Compare · OPTION ONE MORTGAGE LOAN TR ASSET BACKED CERT SER 2002-5