8-K 1 sac02023.txt DECEMBER 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): December 26, 2002 STRUCTURED ASSET SECURITIES CORPORATION Mortgage-Backed Callable Certificates, Series 2002-23XSXS Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-92140-08 Pooling and Servicing Agreement) (Commission Pending (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 STRUCTURED ASSET SECURITIES CORPORATION, Mortgage-Backed Callable Certificates, Series 2002-23XS 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-Backed Callable Certificates, Series 2002-23XS 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. STRUCTURED ASSET SECURITIES CORPORATION Mortgage-Backed Callable Certificates, Series 2002-23XS Trust By: Wells Fargo Bank Minnesota, N. A. as Securities Administrator 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-Backed Callable Certificates, Series 2002-23XS Trust, relating to the December 26, 2002 distribution. EX-99.1

Structured Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 1011/3130/02 Distribution Date: 1112/2526/02 SASC Series: 2002-2323XS 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 A-1 86359ADE0 SEN 2.75000% ~~156~~140,~~387~~224,~~000~~556.0089 ~~358~~321,~~386~~347.8894 1623,~~162~~707,~~443~~582.1107 A-2 86359ADF7 SEN 4.04000% 130,615,000.00 439,737.17 0.00 A-3 86359ADG5 SEN 4.58000% 25,698,000.00 98,080.70 0.00 A-4 86359ADH3 SEN 5.08000% 63,831,000.00 270,217.90 0.00 A-5 86359ADJ9 SEN 5.28000% 50,000,000.00 220,000.00 0.00 A-6 86359ADK6 SEN 5.69000% 25,000,000.00 118,541.67 0.00 A-7 86359ADL4 SEN 6.08000% 55,176,000.00 279,558.40 0.00 A-IO 86359ADM2 STP 5.00000% 0.00 785,280.60 0.00 M-1 86359ADN0 MEZ 5.54000% 15,885,000.00 73,335.75 0.00 M-2 86359ADP5 MEZ 5.67000% 14,539,000.00 68,696.78 0.00 X SAC02023X SEN 0.00000% 1,347,125.00 ~~755~~688,~~285~~617.8149 0.00 P SAC02023P SEN 0.00000% 0.00 2932,~~676~~527.4340 0.00 E SAC02023E STP 0.00000% 0.00 0.00 0.00 R-1 SAC2023R1 SEN 0.00000% 0.00 0.00 0.00 R-2 SAC2023R2 SEN 0.00000% 0.00 0.00 0.00 R-3 SAC2023R3 SEN 0.00000% 0.00 0.00 0.00 Totals ~~538~~522,~~478~~315,~~125~~681.0089 3,~~496~~395,~~798~~941.0980 1623,~~162~~707,~~443~~582.1107

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~140~~116,~~224~~516,~~556~~974.8982 1624,~~520~~028,~~829~~930.9901 0.00 A-2 0.00 130,615,000.00 439,737.17 0.00 A-3 0.00 25,698,000.00 98,080.70 0.00 A-4 0.00 63,831,000.00 270,217.90 0.00 A-5 0.00 50,000,000.00 220,000.00 0.00 A-6 0.00 25,000,000.00 118,541.67 0.00 A-7 0.00 55,176,000.00 279,558.40 0.00 A-IO 0.00 0.00 785,280.60 0.00 M-1 0.00 15,885,000.00 73,335.75 0.00 M-2 0.00 14,539,000.00 68,696.78 0.00 X 0.00 1,347,125.00 ~~755~~688,~~285~~617.8149 0.00 P 0.00 0.00 2932,~~676~~527.4340 0.00 E 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 Totals 0.00 ~~522~~498,~~315~~608,~~681~~099.8982 1927,~~659~~103,~~241~~523.2087 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-1 156,387,000.00 ~~156~~140,~~387~~224,~~000~~556.0089 0.00 1623,~~162~~707,~~443~~582.1107 0.00 0.00 A-2 130,615,000.00 130,615,000.00 0.00 0.00 0.00 0.00 A-3 25,698,000.00 25,698,000.00 0.00 0.00 0.00 0.00 A-4 63,831,000.00 63,831,000.00 0.00 0.00 0.00 0.00 A-5 50,000,000.00 50,000,000.00 0.00 0.00 0.00 0.00 A-6 25,000,000.00 25,000,000.00 0.00 0.00 0.00 0.00 A-7 55,176,000.00 55,176,000.00 0.00 0.00 0.00 0.00 A-IO 0.00 0.00 0.00 0.00 0.00 0.00 M-1 15,885,000.00 15,885,000.00 0.00 0.00 0.00 0.00 M-2 14,539,000.00 14,539,000.00 0.00 0.00 0.00 0.00 X 1,347,125.00 1,347,125.00 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 E 0.00 0.00 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 0.00 Totals 538,478,125.00 ~~538~~522,~~478~~315,~~125~~681.0089 0.00 1623,~~162~~707,~~443~~582.1107 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-1 1623,~~162~~707,~~443~~582.1107 ~~140~~116,~~224~~516,~~556~~974.8982 0.~~89665098~~74505537 1623,~~162~~707,~~443~~582.1107 A-2 0.00 130,615,000.00 1.00000000 0.00 A-3 0.00 25,698,000.00 1.00000000 0.00 A-4 0.00 63,831,000.00 1.00000000 0.00 A-5 0.00 50,000,000.00 1.00000000 0.00 A-6 0.00 25,000,000.00 1.00000000 0.00 A-7 0.00 55,176,000.00 1.00000000 0.00 A-IO 0.00 0.00 0.00000000 0.00 M-1 0.00 15,885,000.00 1.00000000 0.00 M-2 0.00 14,539,000.00 1.00000000 0.00 X 0.00 1,347,125.00 1.00000000 0.00 P 0.00 0.00 0.00000000 0.00 E 0.00 0.00 0.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 R-3 0.00 0.00 0.00000000 0.00 Totals 1623,~~162~~707,~~443~~582.1107 ~~522~~498,~~315~~608,~~681~~099.8982 0.~~96998496~~92595795 1623,~~162~~707,~~443~~582.1107

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 156,387,000.00 ~~1000~~896.~~00000000~~65098052 0.00000000 ~~103~~151.~~34901948~~59560622 0.00000000 A-2 130,615,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-3 25,698,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 63,831,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 50,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-6 25,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-7 55,176,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M-1 15,885,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 14,539,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 1,347,125.00 1000.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 E 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 ~~103~~151.~~34901948~~59560622 ~~896~~745.~~65098052~~05537430 0.~~89665098~~74505537 ~~103~~151.~~34901948~~59560622 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-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 E 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00000000 0.00000000 0.00000000 0.00000000 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 A-1 156,387,000.00 2.75000% ~~156~~140,~~387~~224,~~000~~556.0089 ~~358~~321,~~386~~347.8894 0.00 0.00 A-2 130,615,000.00 4.04000% 130,615,000.00 439,737.17 0.00 0.00 A-3 25,698,000.00 4.58000% 25,698,000.00 98,080.70 0.00 0.00 A-4 63,831,000.00 5.08000% 63,831,000.00 270,217.90 0.00 0.00 A-5 50,000,000.00 5.28000% 50,000,000.00 220,000.00 0.00 0.00 A-6 25,000,000.00 5.69000% 25,000,000.00 118,541.67 0.00 0.00 A-7 55,176,000.00 6.08000% 55,176,000.00 279,558.40 0.00 0.00 A-IO 0.00 5.00000% 188,467,343.00 785,280.60 0.00 0.00 M-1 15,885,000.00 5.54000% 15,885,000.00 73,335.75 0.00 0.00 M-2 14,539,000.00 5.67000% 14,539,000.00 68,696.78 0.00 0.00 X 1,347,125.00 0.00000% 1,347,125.00 0.00 0.00 0.00 P 0.00 0.00000% 0.01 0.00 0.00 0.00 E 0.00 0.00000% 0.00 0.00 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 R-2 0.00 0.00000% 0.00 0.00 0.00 0.00 R-3 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 538,478,125.00 2,~~711~~674,~~835~~796.8591 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-1 0.00 0.00 ~~358~~321,~~386~~347.8894 0.00 ~~140~~116,~~224~~516,~~556~~974.8982 A-2 0.00 0.00 439,737.17 0.00 130,615,000.00 A-3 0.00 0.00 98,080.70 0.00 25,698,000.00 A-4 0.00 0.00 270,217.90 0.00 63,831,000.00 A-5 0.00 0.00 220,000.00 0.00 50,000,000.00 A-6 0.00 0.00 118,541.67 0.00 25,000,000.00 A-7 0.00 0.00 279,558.40 0.00 55,176,000.00 A-IO 0.00 0.00 785,280.60 0.00 188,467,343.00 M-1 0.00 0.00 73,335.75 0.00 15,885,000.00 M-2 0.00 0.00 68,696.78 0.00 14,539,000.00 X 0.00 0.00 ~~755~~688,~~285~~617.8149 0.00 1,347,125.00 P 0.00 0.00 2932,~~676~~527.4340 0.00 0.0001 E 0.00 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 3,~~496~~395,~~798~~941.0980 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-1 156,387,000.00 2.75000% ~~1000~~896.~~00000000~~65098052 2.~~29166670~~05482515 0.00000000 0.00000000 A-2 130,615,000.00 4.04000% 1000.00000000 3.36666669 0.00000000 0.00000000 A-3 25,698,000.00 4.58000% 1000.00000000 3.81666667 0.00000000 0.00000000 A-4 63,831,000.00 5.08000% 1000.00000000 4.23333333 0.00000000 0.00000000 A-5 50,000,000.00 5.28000% 1000.00000000 4.40000000 0.00000000 0.00000000 A-6 25,000,000.00 5.69000% 1000.00000000 4.74166680 0.00000000 0.00000000 A-7 55,176,000.00 6.08000% 1000.00000000 5.06666667 0.00000000 0.00000000 A-IO 0.00 5.00000% 1000.00000000 4.16666669 0.00000000 0.00000000 M-1 15,885,000.00 5.54000% 1000.00000000 4.61666667 0.00000000 0.00000000 M-2 14,539,000.00 5.67000% 1000.00000000 4.72500034 0.00000000 0.00000000 X 1,347,125.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 E 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 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-1 0.00000000 0.00000000 2.~~29166670~~05482515 0.00000000 ~~896~~745.~~65098052~~05537430 A-2 0.00000000 0.00000000 3.36666669 0.00000000 1000.00000000 A-3 0.00000000 0.00000000 3.81666667 0.00000000 1000.00000000 A-4 0.00000000 0.00000000 4.23333333 0.00000000 1000.00000000 A-5 0.00000000 0.00000000 4.40000000 0.00000000 1000.00000000 A-6 0.00000000 0.00000000 4.74166680 0.00000000 1000.00000000 A-7 0.00000000 0.00000000 5.06666667 0.00000000 1000.00000000 A-IO 0.00000000 0.00000000 4.16666669 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 4.61666667 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 4.72500034 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~560~~511.~~66497912~~17564443 0.00000000 1000.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 E 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 1927,~~776~~012,~~421~~881.9729 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 16219,~~005~~700.9926 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 1927,~~792~~232,~~427~~581.9655 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~133~~129,~~186~~057.7668 Payment of Interest and Principal 1927,~~659~~103,~~241~~523.2087 Total Withdrawals (Pool Distribution Amount) 1927,~~792~~232,~~427~~581.9655 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~112~~108,~~182~~816.9500 PMI Insurance Premium Paid by Servicer 1817,~~423~~738.8492 Securities Administrator Fee-Wells Fargo Bank, N.A. 2,~~579~~502.9776 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~133~~129,~~186~~057.7668

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 7 0 1 0 17 828,389.60 0.00 ~~262,099.20~~ 0.00 ~~262~~828,~~099~~389.2060 30 Days 7139 03 04 0 7146 126,~~274~~323,~~715~~689.1646 0351,649.0045 0862,856.0082 0.00 127,~~274~~538,~~715~~195.1673 60 Days 23 0 0 0 23 ~~452~~453,~~833~~803.6605 0.00 0.00 0.00 ~~452~~453,~~833~~803.6605 90 Days 01 0 0 0 01 0357,609.0053 0.00 0.00 0.00 0357,609.0053 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 9143 010 14 0 10157 127,~~727~~135,~~548~~102.8204 01,180,039.0005 ~~262~~862,~~099~~856.2082 0.00 129,~~989~~177,~~648~~997.0291 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~~329257% 0.~~045188~~000000% 0.000000% 0.~~045188~~329257% 0.~~000000~~166037% 0.~~050151~~000000% 0.000000% 0.~~050151~~166037% 30 Days 06.~~316313~~538100% 0.~~000000~~141110% 0.~~000000~~188147% 0.000000% 06.~~316313~~867357% 05.~~243908~~276143% 0.~~000000~~070482% 0.~~000000~~172945% 0.000000% 05.~~243908~~519570% 60 Days 0.~~090375~~141110% 0.000000% 0.000000% 0.000000% 0.~~090375~~141110% 0.~~086647~~090957% 0.000000% 0.000000% 0.000000% 0.~~086647~~090957% 90 Days 0.~~000000~~047037% 0.000000% 0.000000% 0.000000% 0.~~000000~~047037% 0.~~000000~~071677% 0.000000% 0.000000% 0.000000% 0.~~000000~~071677% 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 06.~~406688~~726246% 0.~~000000~~470367% 0.~~045188~~188147% 0.000000% 07.~~451875~~384760% 05.~~330554~~438777% 0.~~000000~~236519% 0.~~050151~~172945% 0.000000% 05.~~380705~~848241%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 16219,~~005~~700.9926

COLLATERAL STATEMENT Collateral Description Fixed & Balloon Weighted Average Gross Coupon 8.~~023297~~023819% Weighted Average Net Coupon 7.~~732240~~773818% Weighted Average Pass-Through Rate 7.~~726490~~727314% Weighted Average Maturity(Stepdown Calculation ) 1350 Beginning Scheduled Collateral Loan Count 2,~~266~~213 Number Of Loans Paid In Full 5387 Ending Scheduled Collateral Loan Count 2,~~213~~126 Beginning Scheduled Collateral Balance ~~538~~522,~~478~~315,~~125~~682.0030 Ending Scheduled Collateral Balance ~~522~~498,~~315~~608,~~682~~100.3023 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2002 ~~522~~498,~~621~~919,~~891~~214.4932 Monthly P &I Constant 3,~~983~~866,~~896~~593.4060 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~383~~374,~~587~~121.9168 Unscheduled Principal 1523,~~778~~333,~~855~~460.2039 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 1,347,125.41 Overcollateralized Amount 1,347,125.4100 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount ~~755~~688,~~285~~617.8149

Filing Compare · STRUCTURED ASSET SECURITIES CORP MOR PA TH CE SE 2002 23XS