8-K 1 wfm0200f.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 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2002-F Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-98129-01 Pooling and Servicing Agreement) (Commission 54-2079829 (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-F 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-F 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-F 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: 1/6/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-F 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-F 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-1 94979VAA9 SEQ 5.~~63022~~61501% ~~280~~254,~~293~~006,~~076~~795.7707 1,~~315~~188,~~070~~528.2440 26,~~286~~912,~~281~~214.70 A-R 94979VAB7 RES 5.~~61499~~60105% 0.00 0.00 0.00 B-1 94979VAC5 SUB 5.~~63022~~61501% 4,~~301~~297,~~218~~642.3453 20,~~180~~109.3219 3,~~575~~576.8029 B-2 94979VAD3 SUB 5.~~63022~~61501% 1,~~631~~630,~~565~~209.5212 7,~~654~~627.9394 1,356.4058 B-3 94979VAE1 SUB 5.~~63022~~61501% ~~889~~888,~~218~~478.1994 4,~~172~~157.0130 739.2535 B-4 94979VAF8 SUB 5.~~63022~~61501% 295,~~739~~494.9812 1,~~387~~382.5465 245.8690 B-5 94979VAG6 SUB 5.~~63022~~61501% 444,~~609~~239.1047 2,~~086~~078.0065 369.6267 B-6 94979VAH4 SUB 5.~~63022~~61501% 448,~~603~~230.1723 2,~~104~~097.7432 ~~372~~373.9400 Totals ~~288~~262,~~304~~011,~~031~~089.0748 1,~~352~~225,~~655~~981.7845 26,~~292~~918,~~941~~875.5749

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~254~~227,~~006~~094,~~795~~580.0737 2728,~~601~~100,~~351~~743.9410 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 4,~~297~~294,~~642~~066.5325 23,~~756~~685.1248 0.00 B-2 0.00 1,~~630~~628,~~209~~852.1254 98,~~011~~984.3352 0.00 B-3 0.00 ~~888~~887,~~478~~739.9460 4,~~911~~896.2665 0.00 B-4 0.00 295,~~494~~248.1222 1,~~633~~628.4055 0.00 B-5 0.00 ~~444~~443,~~239~~869.4780 2,~~455~~448.6232 0.00 B-6 0.00 ~~448~~447,~~230~~857.23 2,~~477~~470.6832 0.00 Totals 0.00 ~~262~~235,~~011~~092,~~089~~214.4801 2728,~~645~~144,~~597~~856.3594 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-1 288,923,000.00 ~~280~~254,~~293~~006,~~076~~795.7707 ~~233~~211,~~020~~371.7693 26,~~053~~700,~~260~~842.9477 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 4,305,000.00 4,~~301~~297,~~218~~642.3453 3,~~575~~576.8029 0.00 0.00 0.00 B-2 1,633,000.00 1,~~631~~630,~~565~~209.5212 1,356.4058 0.00 0.00 0.00 B-3 890,000.00 ~~889~~888,~~218~~478.1994 739.2535 0.00 0.00 0.00 B-4 296,000.00 295,~~739~~494.9812 245.8690 0.00 0.00 0.00 B-5 445,000.00 444,~~609~~239.1047 369.6267 0.00 0.00 0.00 B-6 448,997.59 448,~~603~~230.1723 ~~372~~373.9400 0.00 0.00 0.00 Totals 296,941,097.59 ~~288~~262,~~304~~011,~~031~~089.0748 ~~239~~218,~~680~~032.6372 26,~~053~~700,~~260~~842.9477 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 26,~~286~~912,~~281~~214.70 ~~254~~227,~~006~~094,~~795~~580.0737 0.~~87915048~~78600382 26,~~286~~912,~~281~~214.70 A-R 0.00 0.00 0.00000000 0.00 B-1 3,~~575~~576.8029 4,~~297~~294,~~642~~066.5325 0.~~99829095~~99746022 3,~~575~~576.8029 B-2 1,356.4058 1,~~630~~628,~~209~~852.1254 0.~~99829095~~99746022 1,356.4058 B-3 739.2535 ~~888~~887,~~478~~739.9460 0.~~99829094~~99746022 739.2535 B-4 245.8690 295,~~494~~248.1222 0.~~99829095~~99746020 245.8690 B-5 369.6267 ~~444~~443,~~239~~869.4780 0.~~99829094~~99746022 369.6267 B-6 ~~372~~373.9400 ~~448~~447,~~230~~857.23 0.~~99829095~~99746021 ~~372~~373.9400 Totals 26,~~292~~918,~~941~~875.5749 ~~262~~235,~~011~~092,~~089~~214.4801 0.~~88236722~~79171329 26,~~292~~918,~~941~~875.5749

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 288,923,000.00 ~~970~~879.~~13071569~~15048324 0.~~80651509~~73158568 9092.~~17371736~~41508212 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,305,000.00 ~~999~~998.~~12156562~~29094774 0.~~83061556~~83072938 0.00000000 0.00000000 B-2 1,633,000.00 ~~999~~998.~~12156767~~29094917 0.~~83061849~~83072872 0.00000000 0.00000000 B-3 890,000.00 ~~999~~998.~~12156180~~29094382 0.~~83061798~~83073034 0.00000000 0.00000000 B-4 296,000.00 ~~999~~998.~~12155405~~29094595 0.~~83060811~~83074324 0.00000000 0.00000000 B-5 445,000.00 ~~999~~998.~~12157303~~29094382 0.~~83060674~~83071910 0.00000000 0.00000000 B-6 448,997.59 ~~999~~998.~~12155431~~29094851 0.~~83060579~~83073943 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-1 0.00000000 9093.~~98023245~~14666780 ~~879~~786.~~15048324~~00381545 0.~~87915048~~78600382 9093.~~98023245~~14666780 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.~~83061556~~83072938 ~~998~~997.~~29094774~~46022067 0.~~99829095~~99746022 0.~~83061556~~83072938 B-2 0.00000000 0.~~83061849~~83072872 ~~998~~997.~~29094917~~46022045 0.~~99829095~~99746022 0.~~83061849~~83072872 B-3 0.00000000 0.~~83061798~~83073034 ~~998~~997.~~29094382~~46022472 0.~~99829094~~99746022 0.~~83061798~~83073034 B-4 0.00000000 0.~~83060811~~83074324 ~~998~~997.~~29094595~~46020270 0.~~99829095~~99746020 0.~~83060811~~83074324 B-5 0.00000000 0.~~83060674~~83071910 ~~998~~997.~~29094382~~46022472 0.~~99829094~~99746022 0.~~83060674~~83071910 B-6 0.00000000 0.~~83060579~~83073943 ~~998~~997.~~29094851~~46020908 0.~~99829095~~99746021 0.~~83060579~~83073943 (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-1 288,923,000.00 5.~~63022~~61501% ~~280~~254,~~293~~006,~~076~~795.7707 1,~~315~~188,~~092~~542.2659 0.00 0.00 A-R 100.00 5.~~61499~~60105% 0.00 0.00 0.00 0.00 B-1 4,305,000.00 5.~~63022~~61501% 4,~~301~~297,~~218~~642.3453 20,~~180~~109.6643 0.00 0.00 B-2 1,633,000.00 5.~~63022~~61501% 1,~~631~~630,~~565~~209.5212 7,~~655~~628.0604 0.00 0.00 B-3 890,000.00 5.~~63022~~61501% ~~889~~888,~~218~~478.1994 4,~~172~~157.0835 0.00 0.00 B-4 296,000.00 5.~~63022~~61501% 295,~~739~~494.9812 1,~~387~~382.5767 0.00 0.00 B-5 445,000.00 5.~~63022~~61501% 444,~~609~~239.1047 2,~~086~~078.0467 0.00 0.00 B-6 448,997.59 5.~~63022~~61501% 448,~~603~~230.1723 2,~~104~~097.7835 0.00 0.00 Totals 296,941,097.59 1,~~352~~225,~~678~~996.4510 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 2214.0319 0.00 1,~~315~~188,~~070~~528.2440 0.00 ~~254~~227,~~006~~094,~~795~~580.0737 A-R 0.00 0.00 0.00 0.00 0.00 B-1 0.3424 0.00 20,~~180~~109.3219 0.00 4,~~297~~294,~~642~~066.5325 B-2 0.1309 0.00 7,~~654~~627.9394 0.00 1,~~630~~628,~~209~~852.1254 B-3 0.0705 0.00 4,~~172~~157.0130 0.00 ~~888~~887,~~478~~739.9460 B-4 0.02 0.00 1,~~387~~382.5465 0.00 295,~~494~~248.1222 B-5 0.0302 0.00 2,~~086~~078.0065 0.00 ~~444~~443,~~239~~869.4780 B-6 0.0403 0.00 2,~~104~~097.7432 0.00 ~~448~~447,~~230~~857.23 Totals 2214.6664 0.00 1,~~352~~225,~~655~~981.7845 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-1 288,923,000.00 5.~~63022~~61501% ~~970~~879.~~13071569~~15048324 4.~~55170499~~11370016 0.00000000 0.00000000 A-R 100.00 5.~~61499~~60105% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,305,000.00 5.~~63022~~61501% ~~999~~998.~~12156562~~29094774 4.~~68772590~~67118002 0.00000000 0.00000000 B-2 1,633,000.00 5.~~63022~~61501% ~~999~~998.~~12156767~~29094917 4.~~68772811~~67118187 0.00000000 0.00000000 B-3 890,000.00 5.~~63022~~61501% ~~999~~998.~~12156180~~29094382 4.~~68773034~~67117978 0.00000000 0.00000000 B-4 296,000.00 5.~~63022~~61501% ~~999~~998.~~12155405~~29094595 4.~~68773649~~67118243 0.00000000 0.00000000 B-5 445,000.00 5.~~63022~~61501% ~~999~~998.~~12157303~~29094382 4.~~68773034~~67116854 0.00000000 0.00000000 B-6 448,997.59 5.~~63022~~61501% ~~999~~998.~~12155431~~29094851 4.~~68773117~~67118320 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-1 0.~~00007625~~00004911 0.00000000 4.~~55162877~~11365104 0.00000000 ~~879~~786.~~15048324~~00381545 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.~~00007898~~00005575 0.00000000 4.~~68764692~~67112427 0.00000000 ~~998~~997.~~29094774~~46022067 B-2 0.~~00007961~~00005511 0.00000000 4.~~68764850~~67112064 0.00000000 ~~998~~997.~~29094917~~46022045 B-3 0.~~00007865~~00005618 0.00000000 4.~~68765169~~67112360 0.00000000 ~~998~~997.~~29094382~~46022472 B-4 0.00006757 0.00000000 4.~~68763514~~67111486 0.00000000 ~~998~~997.~~29094595~~46020270 B-5 0.~~00006742~~00004494 0.00000000 4.~~68764045~~67112360 0.00000000 ~~998~~997.~~29094382~~46022472 B-6 0.~~00008909~~00006682 0.00000000 4.~~68764209~~67111639 0.00000000 ~~998~~997.~~29094851~~46020908 (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 ~~34,920~~0.8200 Deposits Payments of Interest and Principal 2728,~~531~~346,~~036~~112.3799 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~160~~17,~~200~~919.9006 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 2728,~~691~~364,~~237~~032.2705 Withdrawals Reimbursement for Servicer Advances 0160,200.0090 Payment of Service Fee 8058,~~560~~974.7522 Payment of Interest and Principal 2728,~~645~~144,~~597~~856.3694 Total Withdrawals (Pool Distribution Amount) 2728,~~726~~364,~~158~~032.1106 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 1326,~~639~~629.6369 Servicing Fee Support 1326,~~616~~615.9705 Non-Supported Prepayment/Curtailment Interest Shortfall 2214.6664

SERVICING FEES Gross Servicing Fee 9081,~~093~~877.4849 Master Servicing Fee 43,~~084~~711.2478 Supported Prepayment/Curtailment Interest Shortfall 1326,~~616~~615.9705 Net Servicing Fee 8058,~~560~~974.7522

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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 10 0 0 0 10 ~~325,000~~0.00 0.00 0.00 0.00 ~~325,000~~0.00 90 Days 01 0 0 0 01 0325,000.00 0.00 0.00 0.00 0325,000.00 120 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 1 0 0 0 1 325,000.00 0.00 0.00 0.00 325,000.00 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.~~181488~~000000% 0.000000% 0.000000% 0.000000% 0.~~181488~~000000% 0.~~118311~~000000% 0.000000% 0.000000% 0.000000% 0.~~118311~~000000% 90 Days 0.~~000000~~200000% 0.000000% 0.000000% 0.000000% 0.~~000000~~200000% 0.~~000000~~132578% 0.000000% 0.000000% 0.000000% 0.~~000000~~132578% 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.~~181488~~200000% 0.000000% 0.000000% 0.000000% 0.~~181488~~200000% 0.~~118311~~132578% 0.000000% 0.000000% 0.000000% 0.~~118311~~132578%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~199~~77,~~359~~591.3103

SUBORDINATION LEVEL/CREDIT ENHANCEMENT CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 8,017,997.59 2.70019800% 87,~~004~~997,~~294~~633.4164 3.~~05494490~~40191345% 96.~~945055~~598087% 100.000000% Class B-1 3,712,997.59 1.25041553% 3,~~706~~703,~~651~~567.8839 1.~~41469275~~57536795% 1.~~640252~~826545% 0.000000% Class B-2 2,079,997.59 0.70047481% 2,~~076~~074,~~442~~714.7685 0.~~79250186~~88251109% 0.~~622191~~692857% 0.000000% Class B-3 1,189,997.59 0.40075207% 1,~~187~~186,~~963~~975.8225 0.~~45340211~~50489773% 0.~~339100~~377613% 0.000000% Class B-4 893,997.59 0.30106900% ~~892~~891,~~469~~727.7003 0.~~34062287~~37930947% 0.~~112779~~125588% 0.000000% Class B-5 448,997.59 0.15120763% ~~448~~447,~~230~~857.23 0.~~17107300~~19050279% 0.~~169550~~188807% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~171073~~190503% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 6.~~022218~~007011% Weighted Average Net Coupon 5.~~630218~~615011% Weighted Average Pass-Through Rate 5.~~630218~~615011% Weighted Average Maturity(Stepdown Calculation ) ~~357~~356 Beginning Scheduled Collateral Loan Count ~~600~~551 Number Of Loans Paid In Full 4951 Ending Scheduled Collateral Loan Count ~~551~~500 Beginning Scheduled Collateral Balance ~~288~~262,~~304~~011,~~031~~089.0749 Ending Scheduled Collateral Balance ~~262~~235,~~011~~092,~~089~~214.4901 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2002 ~~274~~245,~~698~~137,~~995~~823.8638 Monthly P &I Constant 1,~~709~~552,~~595~~957.4399 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 2728,~~601~~100,~~373~~757.9629 Ending Scheduled Balance for Premium Loans ~~262~~235,~~011~~092,~~089~~214.4901 Scheduled Principal ~~239~~218,~~680~~032.6471 Unscheduled Principal 26,~~053~~700,~~260~~842.9477 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% ~~257~~230,~~913~~977,~~593~~276.6168 Greater Than 80%, less than or equal to 85% 1,~~619~~618,~~727~~084.0577 Greater than 85%, less than or equal to 95% 2,~~501~~498,~~397~~352.8126 Greater than 95% 0.00

Filing Compare · WELLS FARGO ASSET SEC CORP MORT PASS THR CERT SER 2002 F