8-K 1 bst01002.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 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2001-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-55240-01 Pooling and Servicing Agreement) (Commission 90-0030641 (State or other File Number) 90-0031689 jurisdiction 90-0031688 of Incorporation) 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 BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2001-2 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 2001-2 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. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2001-2 Trust By: Wells Fargo Bank Minnesota, NA, as Securities Administrator By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 1/2/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-2 Trust, relating to the December 26, 2002 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: ~~10/31/02~~ 11/2530/02 Distribution Date: 12/26/02 BST Series: 2001-2 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 1-A-1 07384MBQ4 Sen 6.~~97939~~97803% 3230,~~921~~356,~~492~~732.3138 ~~191~~176,~~476~~525.4716 2,~~564~~615,~~759~~205.9377 1-X-1 07384MBR2 Sen 0.50600% 0.00 1312,~~881~~800.9042 0.00 1-A-2 07384MBS0 Sen 8.~~14682~~16048% 5,~~372~~076,~~193~~306.82 3634,~~471~~520.9291 ~~295~~3,~~887~~837.0124 1-A-3 07384MBT8 Sen 7.~~94777~~97325% 3,~~853~~736,~~973~~464.1439 2524,~~525~~826.4048 ~~117~~1,~~508~~736,906.7521 2-A-1 07384MBZ4 Sen 6.~~88006~~88793% ~~164~~141,~~031~~091,~~297~~055.3289 ~~940~~809,~~454~~854.2826 2219,~~940~~797,~~241~~012.4311 2-A-2A 07384MCA8 Sen 5.~~72091~~71887% 0.00 0.00 0.00 2-A-2B 07384MCB6 Sen 5.~~92091~~91887% 0.00 0.00 0.00 2-A-2C 07384MCC4 Sen 5.95000% 8169,~~102~~760,~~981~~500.8719 ~~402~~345,~~135~~895.6281 119,~~342~~788,~~481~~355.6889 2-X-2 07384MCD2 Sen 0.~~93006~~93793% 0.00 6254,~~858~~525.8631 0.00 1-B-1 07384MBW1 Sub 7.~~63718~~64202% 2,~~708~~620,~~448~~026.0553 1716,~~237~~685.4324 88117,~~421~~760.5298 1-B-2 07384MBX9 Sub 7.~~63718~~64202% 2,~~256~~183,~~934~~253.2006 1413,~~363~~903.8571 7398,~~681~~129.1455 1-B-3 07384MBY7 Sub 7.~~63718~~64202% 1,~~173~~135,~~670~~354.4414 7,~~469~~230.6133 3851,~~316~~030.3118 1-B-4 07384MCK6 Sub 7.~~63718~~64202% ~~812~~786,~~563~~035.2888 5,~~171~~005.4175 2635,~~527~~329.4055 1-B-5 07384MCL4 Sub 7.~~63718~~64202% ~~631~~611,~~923~~292.1099 43,~~021~~892.7693 2027,~~630~~475.1247 1-B-6 07384MCM2 Sub 7.~~63718~~64202% ~~541~~524,~~778~~091.9068 3,~~448~~337.0560 1723,~~687~~556.2208 R-1 BST0102RI Res 7.~~50132~~50180% 0.00 0.00 0.00 R-2 07384MBU5 Res 7.~~50132~~50180% 0.00 0.0103 0.00 R-X 07384MBV3 Res 0.00000% 0.00 52,~~894~~730.3171 0.00 2-B-1 07384MCG5 Sub 6.~~88006~~88793% 76,~~250~~757,~~526~~555.2285 4138,~~570~~787.0597 ~~492~~459,~~970~~635.3807 2-B-2 07384MCH3 Sub 6.~~88006~~88793% 32,~~172~~956,~~086~~413.2702 1816,~~186~~969.7963 ~~215~~201,~~673~~089.2514 2-B-3 07384MCJ9 Sub 6.~~88006~~88793% 32,~~172~~956,~~086~~413.2702 1816,~~186~~969.7963 ~~215~~201,~~673~~089.2514 2-B-4 07384MCN0 Sub 6.~~88006~~88793% 2,~~718~~534,~~939~~076.7538 1514,~~588~~545.7245 ~~184~~172,~~863~~362.3867 2-B-5 07384MCP5 Sub 6.~~88006~~88793% ~~906~~844,~~293~~673.0428 54,~~196~~848.1337 6157,~~619~~452.7594 2-B-6 07384MCQ3 Sub 6.~~88006~~88793% ~~906~~844,~~374~~749.9159 54,~~196~~848.5981 6157,~~625~~458.3213 Totals ~~313~~274,~~533~~774,~~562~~995.8909 1,~~834~~608,~~335~~704.9551 3835,~~758~~443,~~567~~686.8412

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 3027,~~356~~741,~~732~~526.3861 2,~~756~~791,~~236~~730.4093 0.00 1-X-1 0.00 0.00 1312,~~881~~800.9042 0.00 1-A-2 0.00 5,~~076~~072,~~306~~469.8258 ~~332~~38,358.9315 0.00 1-A-3 0.00 31,~~736~~999,~~464~~558.3918 ~~143~~1,~~034~~761,732.1569 0.00 2-A-1 0.00 ~~141~~121,~~091~~294,~~055~~043.8978 2320,~~880~~606,~~695~~866.7137 0.00 2-A-2A 0.00 0.00 0.00 0.00 2-A-2B 0.00 0.00 0.00 0.00 2-A-2C 0.00 6959,~~760~~972,~~500~~144.1930 1110,~~744~~134,~~617~~251.3070 0.00 2-X-2 0.00 0.00 6254,~~858~~525.8631 0.00 1-B-1 0.00 2,~~620~~502,~~026~~265.5355 ~~105~~134,~~658~~446.9522 0.00 1-B-2 0.00 2,~~183~~085,~~253~~123.0651 88112,~~044~~033.9926 0.00 1-B-3 0.00 1,~~135~~084,~~354~~323.1496 4558,~~785~~260.9251 0.00 1-B-4 0.00 ~~786~~750,~~035~~706.8833 3140,~~698~~335.8130 0.00 1-B-5 0.00 ~~611~~583,~~292~~817.9951 2431,~~651~~368.8840 0.00 1-B-6 0.00 ~~524~~500,~~091~~535.6860 2126,~~135~~893.2768 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.0103 0.00 R-X 0.00 0.00 52,~~894~~730.3171 0.00 2-B-1 0.00 6,~~757~~297,~~555~~920.8578 ~~534~~498,~~540~~423.4304 0.00 2-B-2 0.00 2,~~956~~755,~~413~~323.0288 ~~233~~218,~~860~~058.0477 0.00 2-B-3 0.00 2,~~956~~755,~~413~~323.0288 ~~233~~218,~~860~~058.0477 0.00 2-B-4 0.00 2,~~534~~361,~~076~~713.3871 ~~200~~186,~~452~~908.1012 0.00 2-B-5 0.00 ~~844~~787,~~673~~220.2834 6662,~~815~~301.8831 0.00 2-B-6 0.00 ~~844~~787,~~749~~291.5946 6662,~~821~~306.9194 0.00 Totals 0.00 ~~274~~239,~~774~~331,~~995~~308.0996 4037,~~592~~052,~~903~~390.7963 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) 1-A-1 219,828,300.00 3230,~~921~~356,~~492~~732.3138 3331,~~617~~621.8733 2,~~531~~583,~~142~~584.0544 0.00 0.00 1-X-1 0.00 0.00 0.00 0.00 0.00 0.00 1-A-2 58,424,200.00 5,~~372~~076,~~193~~306.82 43,~~015~~811.2459 ~~291,871~~25.7765 0.00 0.00 1-A-3 20,434,500.00 3,~~853~~736,~~973~~464.1439 45,~~338~~000.9540 ~~113~~1,~~169~~731,905.8081 0.00 0.00 2-A-1 980,000,000.00 ~~164~~141,~~031~~091,~~297~~055.3289 ~~176~~153,~~667~~080.5624 2219,~~763~~643,~~573~~931.87 0.00 0.00 2-A-2A 197,774,400.00 0.00 0.00 0.00 0.00 0.00 2-A-2B 140,914,200.00 0.00 0.00 0.00 0.00 0.00 2-A-2C 145,858,700.00 8169,~~102~~760,~~981~~500.8719 8775,~~350~~688.8138 119,~~255~~712,~~130~~667.8750 0.00 0.00 2-X-2 0.00 0.00 0.00 0.00 0.00 0.00 1-B-1 4,691,500.00 2,~~708~~620,~~448~~026.0553 2,~~650~~643.0409 85115,~~771~~117.4890 0.00 0.00 1-B-2 3,909,400.00 2,~~256~~183,~~934~~253.2006 2,~~208~~202.2647 7195,~~472~~927.8808 0.00 0.00 1-B-3 2,033,000.00 1,~~173~~135,~~670~~354.4414 1,~~148~~145.3635 3749,~~167~~884.9583 0.00 0.00 1-B-4 1,407,500.00 ~~812~~786,~~563~~035.2888 ~~795~~792.0495 2534,~~732~~536.3660 0.00 0.00 1-B-5 1,094,600.00 ~~631~~611,~~923~~292.1099 ~~618~~616.3067 2026,~~011~~858.8280 0.00 0.00 1-B-6 938,455.00 ~~541~~524,~~778~~091.9068 ~~530~~528.1070 1723,~~157~~027.1237 0.00 0.00 R-1 50.00 0.00 0.00 0.00 0.00 0.00 R-2 50.00 0.00 0.00 0.00 0.00 0.00 R-X 0.00 0.00 0.00 0.00 0.00 0.00 2-B-1 11,955,500.00 76,~~250~~757,~~526~~555.2285 7,~~809~~331.0878 ~~485~~452,~~161~~303.3029 0.00 0.00 2-B-2 5,230,500.00 32,~~172~~956,~~086~~413.2702 3,~~416~~207.4563 ~~212~~197,~~256~~881.8051 0.00 0.00 2-B-3 5,230,500.00 32,~~172~~956,~~086~~413.2702 3,~~416~~207.4563 ~~212~~197,~~256~~881.8051 0.00 0.00 2-B-4 4,483,300.00 2,~~718~~534,~~939~~076.7538 2,~~928~~749.4041 ~~181~~169,~~934~~613.9826 0.00 0.00 2-B-5 1,494,400.00 ~~906~~844,~~293~~673.0428 ~~976~~916.1145 6056,~~643~~536.6449 0.00 0.00 2-B-6 1,494,535.00 ~~906~~844,~~374~~749.9159 ~~976~~916.2053 6056,~~649~~541.1260 0.00 0.00 Totals 1,807,197,590.000 ~~313~~274,~~533~~774,~~562~~995.8909 ~~333~~295,~~463~~460.2260 3835,~~425~~148,~~104~~225.6151 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 1-A-1 2,~~564~~615,~~759~~205.9377 3027,~~356~~741,~~732~~526.3861 0.~~13809292~~12619634 2,~~564~~615,~~759~~205.9377 1-X-1 0.00 0.00 0.00000000 0.00 1-A-2 ~~295~~3,~~887~~837.0124 5,~~076~~072,~~306~~469.8258 0.~~08688706~~08682138 ~~295~~3,~~887~~837.0124 1-A-3 ~~117~~1,~~508~~736,906.7521 31,~~736~~999,~~464~~558.3918 0.~~18285079~~09785207 ~~117~~1,~~508~~736,906.7521 2-A-1 2219,~~940~~797,~~241~~012.4311 ~~141~~121,~~091~~294,~~055~~043.8978 0.~~14397047~~12376943 2219,~~940~~797,~~241~~012.4311 2-A-2A 0.00 0.00 0.00000000 0.00 2-A-2B 0.00 0.00 0.00000000 0.00 2-A-2C 119,~~342~~788,~~481~~355.6889 6959,~~760~~972,~~500~~144.1930 0.~~47827452~~41116604 119,~~342~~788,~~481~~355.6889 2-X-2 0.00 0.00 0.00000000 0.00 1-B-1 88117,~~421~~760.5298 2,~~620~~502,~~026~~265.5355 0.~~55846244~~53336152 88117,~~421~~760.5298 1-B-2 7398,~~681~~129.1455 2,~~183~~085,~~253~~123.0651 0.~~55846244~~53336152 7398,~~681~~129.1455 1-B-3 3851,~~316~~030.3118 1,~~135~~084,~~354~~323.1496 0.~~55846244~~53336152 3851,~~316~~030.3118 1-B-4 2635,~~527~~329.4055 ~~786~~750,~~035~~706.8833 0.~~55846244~~53336151 2635,~~527~~329.4055 1-B-5 2027,~~630~~475.1247 ~~611~~583,~~292~~817.9951 0.~~55846244~~53336151 2027,~~630~~475.1247 1-B-6 1723,~~687~~556.2208 ~~524~~500,~~091~~535.6860 0.~~55846224~~53336132 1723,~~687~~556.2208 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 R-X 0.00 0.00 0.00000000 0.00 2-B-1 ~~492~~459,~~970~~635.3807 6,~~757~~297,~~555~~920.8578 0.~~56522570~~52678021 ~~492~~459,~~970~~635.3807 2-B-2 ~~215~~201,~~673~~089.2514 2,~~956~~755,~~413~~323.0288 0.~~56522570~~52678021 ~~215~~201,~~673~~089.2514 2-B-3 ~~215~~201,~~673~~089.2514 2,~~956~~755,~~413~~323.0288 0.~~56522570~~52678021 ~~215~~201,~~673~~089.2514 2-B-4 ~~184~~172,~~863~~362.3867 2,~~534~~361,~~076~~713.3871 0.~~56522570~~52678021 ~~184~~172,~~863~~362.3867 2-B-5 6157,~~619~~452.7594 ~~844~~787,~~673~~220.2834 0.~~56522570~~52678021 6157,~~619~~452.7594 2-B-6 6157,~~625~~458.3213 ~~844~~787,~~749~~291.5946 0.~~56522570~~52678021 6157,~~625~~458.3213 Totals 3835,~~758~~443,~~567~~686.8412 ~~274~~239,~~774~~331,~~995~~308.0996 0.~~15204480~~13243229 3835,~~758~~443,~~567~~686.8412

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 219,828,300.00 ~~149~~138.~~76002776~~09292243 0.~~15292785~~14384558 11.~~51417743~~75273811 0.00000000 1-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-2 58,424,200.00 9186.~~95151701~~88705742 0.~~06872563~~06523992 40.~~99573413~~00043903 0.00000000 1-A-3 20,434,500.00 ~~188~~182.~~60129389~~85078617 0.~~21233453~~24470381 584.~~53817319~~75400964 0.00000000 2-A-1 980,000,000.00 ~~167~~143.~~37887482~~97046519 0.~~18027302~~15620433 2320.~~22813660~~04482844 0.00000000 2-A-2A 197,774,400.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 140,914,200.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2C 145,858,700.00 ~~556~~478.~~03801398~~27452315 0.~~59887281~~51891577 7766.~~16461802~~58956579 0.00000000 2-X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-B-1 4,691,500.00 ~~577~~558.~~30961313~~46243845 0.~~56485985~~56337845 1824.~~28231482~~53754663 0.00000000 1-B-2 3,909,400.00 ~~577~~558.~~30961273~~46243925 0.~~56485906~~56337801 1824.~~28231442~~53754540 0.00000000 1-B-3 2,033,000.00 ~~577~~558.~~30961141~~46243974 0.~~56485981~~56337924 1824.~~28231677~~53754550 0.00000000 1-B-4 1,407,500.00 ~~577~~558.~~30961279~~46243694 0.~~56485968~~56337478 1824.~~28231616~~53754885 0.00000000 1-B-5 1,094,600.00 ~~577~~558.~~30961082~~46244290 0.~~56486388~~56337475 1824.~~28231317~~53754796 0.00000000 1-B-6 938,455.00 ~~577~~558.~~30940748~~46223847 0.~~56486459~~56337278 1824.~~28230443~~53753243 0.00000000 R-1 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 11,955,500.00 ~~606~~565.~~45947221~~22569947 0.~~65317887~~61325582 4037.~~58059471~~83223537 0.00000000 2-B-2 5,230,500.00 ~~606~~565.~~45947233~~22569926 0.~~65317847~~61325495 4037.~~58059459~~83223592 0.00000000 2-B-3 5,230,500.00 ~~606~~565.~~45947233~~22569926 0.~~65317847~~61325495 4037.~~58059459~~83223592 0.00000000 2-B-4 4,483,300.00 ~~606~~565.~~45947182~~22569982 0.~~65317958~~61325586 4037.~~58059465~~83223518 0.00000000 2-B-5 1,494,400.00 ~~606~~565.~~45947537~~22569593 0.~~65317853~~61325616 4037.~~58059422~~83223367 0.00000000 2-B-6 1,494,535.00 ~~606~~565.~~45947402~~22569896 0.~~65317975~~61325429 4037.~~58059530~~83223544 0.00000000 2) All Senior Classes are per $1,000 denomination, all Offered Subordinate Classes are $25,000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A-1 0.00000000 11.~~66710533~~89658370 ~~138~~126.~~09292243~~19633873 0.~~13809292~~12619634 11.~~66710533~~89658370 1-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-2 0.00000000 50.~~06445976~~06567895 86.~~88705742~~82137847 0.~~08688706~~08682138 50.~~06445976~~06567895 1-A-3 0.00000000 584.~~75050772~~99871345 ~~182~~97.~~85078617~~85207272 0.~~18285079~~09785207 584.~~75050772~~99871345 2-A-1 0.00000000 2320.~~40840962~~20103277 ~~143~~123.~~97046519~~76943243 0.~~14397047~~12376943 2320.~~40840962~~20103277 2-A-2A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2C 0.00000000 7767.~~76349083~~10848163 ~~478~~411.~~27452315~~16604152 0.~~47827452~~41116604 7767.~~76349083~~10848163 2-X-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-B-1 0.00000000 1825.~~84717468~~10092295 ~~558~~533.~~46243845~~36151551 0.~~55846244~~53336152 1825.~~84717468~~10092295 1-B-2 0.00000000 1825.~~84717348~~10092342 ~~558~~533.~~46243925~~36151583 0.~~55846244~~53336152 1825.~~84717348~~10092342 1-B-3 0.00000000 1825.~~84717659~~10092474 ~~558~~533.~~46243974~~36151500 0.~~55846244~~53336152 1825.~~84717659~~10092474 1-B-4 0.00000000 1825.~~84717584~~10092362 ~~558~~533.~~46243694~~36151332 0.~~55846244~~53336151 1825.~~84717584~~10092362 1-B-5 0.00000000 1825.~~84717705~~10092271 ~~558~~533.~~46244290~~36151105 0.~~55846244~~53336151 1825.~~84717705~~10092271 1-B-6 0.00000000 1825.~~84716902~~10091587 ~~558~~533.~~46223847~~36132260 0.~~55846224~~53336132 1825.~~84716902~~10091587 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-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 0.00000000 4138.~~23377358~~44549120 ~~565~~526.~~22569947~~78020827 0.~~56522570~~52678021 4138.~~23377358~~44549120 2-B-2 0.00000000 4138.~~23377306~~44549087 ~~565~~526.~~22569926~~78020839 0.~~56522570~~52678021 4138.~~23377306~~44549087 2-B-3 0.00000000 4138.~~23377306~~44549087 ~~565~~526.~~22569926~~78020839 0.~~56522570~~52678021 4138.~~23377306~~44549087 2-B-4 0.00000000 4138.~~23377423~~44549104 ~~565~~526.~~22569982~~78020877 0.~~56522570~~52678021 4138.~~23377423~~44549104 2-B-5 0.00000000 4138.~~23377275~~44548983 ~~565~~526.~~22569593~~78020610 0.~~56522570~~52678021 4138.~~23377275~~44548983 2-B-6 0.00000000 4138.~~23377505~~44548973 ~~565~~526.~~22569896~~78020923 0.~~56522570~~52678021 4138.~~23377505~~44548973 (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 1-A-1 219,828,300.00 6.~~97939~~97803% 3230,~~921~~356,~~492~~732.3138 ~~191~~176,~~476~~525.4716 0.00 0.00 1-X-1 0.00 0.50600% 3230,~~921~~356,~~492~~732.3138 1312,~~881~~800.9042 0.00 0.00 1-A-2 58,424,200.00 8.~~14682~~16048% 5,~~372~~076,~~193~~306.82 3634,~~471~~520.9291 0.00 0.00 1-A-3 20,434,500.00 7.~~94777~~97325% 3,~~853~~736,~~973~~464.1439 2524,~~525~~826.4048 0.00 0.00 2-A-1 980,000,000.00 6.~~88006~~88793% ~~164~~141,~~031~~091,~~297~~055.3289 ~~940~~809,~~454~~854.2826 0.00 0.00 2-A-2A 197,774,400.00 5.~~72091~~71887% 0.00 0.00 0.00 0.00 2-A-2B 140,914,200.00 5.~~92091~~91887% 0.00 0.00 0.00 0.00 2-A-2C 145,858,700.00 5.95000% 8169,~~102~~760,~~981~~500.8719 ~~402~~345,~~135~~895.6281 0.00 0.00 2-X-2 0.00 0.~~93006~~93793% 8169,~~102~~760,~~981~~500.8719 6254,~~858~~525.8631 0.00 0.00 1-B-1 4,691,500.00 7.~~63718~~64202% 2,~~708~~620,~~448~~026.0553 1716,~~237~~685.4324 0.00 0.00 1-B-2 3,909,400.00 7.~~63718~~64202% 2,~~256~~183,~~934~~253.2006 1413,~~363~~903.8571 0.00 0.00 1-B-3 2,033,000.00 7.~~63718~~64202% 1,~~173~~135,~~670~~354.4414 7,~~469~~230.6133 0.00 0.00 1-B-4 1,407,500.00 7.~~63718~~64202% ~~812~~786,~~563~~035.2888 5,~~171~~005.4175 0.00 0.00 1-B-5 1,094,600.00 7.~~63718~~64202% ~~631~~611,~~923~~292.1099 43,~~021~~892.7693 0.00 0.00 1-B-6 938,455.00 7.~~63718~~64202% ~~541~~524,~~778~~091.9068 3,~~448~~337.0560 0.00 0.00 R-1 50.00 7.~~50132~~50180% 0.00 0.00 0.00 0.00 R-2 50.00 7.~~50132~~50180% 0.00 0.00 0.00 0.00 R-X 0.00 0.00000% 0.00 0.00 0.00 0.00 2-B-1 11,955,500.00 6.~~88006~~88793% 76,~~250~~757,~~526~~555.2285 4138,~~570~~787.0597 0.00 0.00 2-B-2 5,230,500.00 6.~~88006~~88793% 32,~~172~~956,~~086~~413.2702 1816,~~186~~969.7963 0.00 0.00 2-B-3 5,230,500.00 6.~~88006~~88793% 32,~~172~~956,~~086~~413.2702 1816,~~186~~969.7963 0.00 0.00 2-B-4 4,483,300.00 6.~~88006~~88793% 2,~~718~~534,~~939~~076.7538 1514,~~588~~545.7245 0.00 0.00 2-B-5 1,494,400.00 6.~~88006~~88793% ~~906~~844,~~293~~673.0428 54,~~196~~848.1337 0.00 0.00 2-B-6 1,494,535.00 6.~~88006~~88793% ~~906~~844,~~374~~749.9159 54,~~196~~848.5981 0.00 0.00 Totals 1,807,197,590.000 1,~~828~~605,~~441~~973.6377 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 1-A-1 0.00 0.00 ~~191~~176,~~476~~525.4716 0.00 3027,~~356~~741,~~732~~526.3861 1-X-1 0.00 0.00 1312,~~881~~800.9042 0.00 3027,~~356~~741,~~732~~526.3861 1-A-2 0.00 0.00 3634,~~471~~520.9291 0.00 5,~~076~~072,~~306~~469.8258 1-A-3 0.00 0.00 2524,~~525~~826.4048 0.00 31,~~736~~999,~~464~~558.3918 2-A-1 0.00 0.00 ~~940~~809,~~454~~854.2826 0.00 ~~141~~121,~~091~~294,~~055~~043.8978 2-A-2A 0.00 0.00 0.00 0.00 0.00 2-A-2B 0.00 0.00 0.00 0.00 0.00 2-A-2C 0.00 0.00 ~~402~~345,~~135~~895.6281 0.00 6959,~~760~~972,~~500~~144.1930 2-X-2 0.00 0.00 6254,~~858~~525.8631 0.00 6959,~~760~~972,~~500~~144.1930 1-B-1 0.00 0.00 1716,~~237~~685.4324 0.00 2,~~620~~502,~~026~~265.5355 1-B-2 0.00 0.00 1413,~~363~~903.8571 0.00 2,~~183~~085,~~253~~123.0651 1-B-3 0.00 0.00 7,~~469~~230.6133 0.00 1,~~135~~084,~~354~~323.1496 1-B-4 0.00 0.00 5,~~171~~005.4175 0.00 ~~786~~750,~~035~~706.8833 1-B-5 0.00 0.00 43,~~021~~892.7693 0.00 ~~611~~583,~~292~~817.9951 1-B-6 0.00 0.00 3,~~448~~337.0560 0.00 ~~524~~500,~~091~~535.6860 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.0103 0.00 0.00 R-X 0.00 0.00 52,~~894~~730.3171 0.00 0.00 2-B-1 0.00 0.00 4138,~~570~~787.0597 0.00 6,~~757~~297,~~555~~920.8578 2-B-2 0.00 0.00 1816,~~186~~969.7963 0.00 2,~~956~~755,~~413~~323.0288 2-B-3 0.00 0.00 1816,~~186~~969.7963 0.00 2,~~956~~755,~~413~~323.0288 2-B-4 0.00 0.00 1514,~~588~~545.7245 0.00 2,~~534~~361,~~076~~713.3871 2-B-5 0.00 0.00 54,~~196~~848.1337 0.00 ~~844~~787,~~673~~220.2834 2-B-6 0.00 0.00 54,~~196~~848.5981 0.00 ~~844~~787,~~749~~291.5946 Totals 0.00 0.00 1,~~834~~608,~~335~~704.9551 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 1-A-1 219,828,300.00 6.~~97939~~97803% ~~149~~138.~~76002776~~09292243 0.~~87102739~~80301381 0.00000000 0.00000000 1-X-1 0.00 0.50600% ~~149~~138.~~76002776~~09292243 0.~~06314883~~05822917 0.00000000 0.00000000 1-A-2 58,424,200.00 8.~~14682~~16048% 9186.~~95151701~~88705742 0.~~62426049~~59086663 0.00000000 0.00000000 1-A-3 20,434,500.00 7.~~94777~~97325% ~~188~~182.~~60129389~~85078617 1.~~24913259~~21492965 0.00000000 0.00000000 2-A-1 980,000,000.00 6.~~88006~~88793% ~~167~~143.~~37887482~~97046519 0.~~95964722~~82638190 0.00000000 0.00000000 2-A-2A 197,774,400.00 5.~~72091~~71887% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 140,914,200.00 5.~~92091~~91887% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2C 145,858,700.00 5.95000% ~~556~~478.~~03801398~~27452315 2.~~75702183~~37144449 0.00000000 0.00000000 2-X-2 0.00 0.~~93006~~93793% ~~167~~143.~~37887482~~97046520 0.~~12972698~~11252835 0.00000000 0.00000000 1-B-1 4,691,500.00 7.~~63718~~64202% ~~577~~558.~~30961313~~46243845 3.~~67418310~~55648300 0.00000000 0.00000000 1-B-2 3,909,400.00 7.~~63718~~64202% ~~577~~558.~~30961273~~46243925 3.~~67418274~~55648181 0.00000000 0.00000000 1-B-3 2,033,000.00 7.~~63718~~64202% ~~577~~558.~~30961141~~46243974 3.~~67418101~~55648303 0.00000000 0.00000000 1-B-4 1,407,500.00 7.~~63718~~64202% ~~577~~558.~~30961279~~46243694 3.~~67418117~~55648313 0.00000000 0.00000000 1-B-5 1,094,600.00 7.~~63718~~64202% ~~577~~558.~~30961082~~46244290 3.~~67418235~~55648639 0.00000000 0.00000000 1-B-6 938,455.00 7.~~63718~~64202% ~~577~~558.~~30940748~~46223847 3.~~67417724~~55648380 0.00000000 0.00000000 R-1 50.00 7.~~50132~~50180% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 7.~~50132~~50180% 0.00000000 0.00000000 0.00000000 0.00000000 R-X 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 11,955,500.00 6.~~88006~~88793% ~~606~~565.~~45947221~~22569947 3.~~47706495~~24436201 0.00000000 0.00000000 2-B-2 5,230,500.00 6.~~88006~~88793% ~~606~~565.~~45947233~~22569926 3.~~47706529~~24436096 0.00000000 0.00000000 2-B-3 5,230,500.00 6.~~88006~~88793% ~~606~~565.~~45947233~~22569926 3.~~47706529~~24436096 0.00000000 0.00000000 2-B-4 4,483,300.00 6.~~88006~~88793% ~~606~~565.~~45947182~~22569982 3.~~47706377~~24436241 0.00000000 0.00000000 2-B-5 1,494,400.00 6.~~88006~~88793% ~~606~~565.~~45947537~~22569593 3.~~47706772~~24435894 0.00000000 0.00000000 2-B-6 1,494,535.00 6.~~88006~~88793% ~~606~~565.~~45947402~~22569896 3.~~47706143~~24436029 0.00000000 0.00000000 5) All Senior Classes are per $1,000 denomination, all Offered Subordinate Classes are $25,000 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 1-A-1 0.00000000 0.00000000 0.~~87102739~~80301381 0.00000000 ~~138~~126.~~09292243~~19633873 1-X-1 0.00000000 0.00000000 0.~~06314883~~05822917 0.00000000 ~~138~~126.~~09292243~~19633873 1-A-2 0.00000000 0.00000000 0.~~62426049~~59086663 0.00000000 86.~~88705742~~82137847 1-A-3 0.00000000 0.00000000 1.~~24913259~~21492965 0.00000000 ~~182~~97.~~85078617~~85207272 2-A-1 0.00000000 0.00000000 0.~~95964722~~82638190 0.00000000 ~~143~~123.~~97046519~~76943243 2-A-2A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2C 0.00000000 0.00000000 2.~~75702183~~37144449 0.00000000 ~~478~~411.~~27452315~~16604152 2-X-2 0.00000000 0.00000000 0.~~12972698~~11252835 0.00000000 ~~143~~123.~~97046520~~76943242 1-B-1 0.00000000 0.00000000 3.~~67418310~~55648300 0.00000000 ~~558~~533.~~46243845~~36151551 1-B-2 0.00000000 0.00000000 3.~~67418274~~55648181 0.00000000 ~~558~~533.~~46243925~~36151583 1-B-3 0.00000000 0.00000000 3.~~67418101~~55648303 0.00000000 ~~558~~533.~~46243974~~36151500 1-B-4 0.00000000 0.00000000 3.~~67418117~~55648313 0.00000000 ~~558~~533.~~46243694~~36151332 1-B-5 0.00000000 0.00000000 3.~~67418235~~55648639 0.00000000 ~~558~~533.~~46244290~~36151105 1-B-6 0.00000000 0.00000000 3.~~67417724~~55648380 0.00000000 ~~558~~533.~~46223847~~36132260 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.~~20000000~~60000000 0.00000000 0.00000000 R-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 0.00000000 0.00000000 3.~~47706495~~24436201 0.00000000 ~~565~~526.~~22569947~~78020827 2-B-2 0.00000000 0.00000000 3.~~47706529~~24436096 0.00000000 ~~565~~526.~~22569926~~78020839 2-B-3 0.00000000 0.00000000 3.~~47706529~~24436096 0.00000000 ~~565~~526.~~22569926~~78020839 2-B-4 0.00000000 0.00000000 3.~~47706377~~24436241 0.00000000 ~~565~~526.~~22569982~~78020877 2-B-5 0.00000000 0.00000000 3.~~47706772~~24435894 0.00000000 ~~565~~526.~~22569593~~78020610 2-B-6 0.00000000 0.00000000 3.~~47706143~~24436029 0.00000000 ~~565~~526.~~22569896~~78020923 (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 4037,~~635~~081,~~197~~390.7686 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 5354,~~035~~041.2925 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 4037,~~688~~135,~~233~~432.0511 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 9583,~~329~~041.2648 Payment of Interest and Principal 4037,~~592~~052,~~903~~390.7963 Total Withdrawals (Pool Distribution Amount) 4037,~~688~~135,~~233~~432.0511 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 6557,~~319~~244.5079 Supplemental PMI 3025,~~009~~796.7669 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 9583,~~329~~041.2648

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 98 1 0 0 109 3,~~719~~497,~~647~~026.4402 271,~~891~~630.1870 0.00 0.00 3,~~991~~768,~~538~~656.6272 60 Days 24 0 0 0 24 1,~~027~~388,~~201~~791.8141 0.00 0.00 0.00 1,~~027~~388,~~201~~791.8141 90 Days 10 0 0 0 10 ~~286,028~~0.4900 0.00 0.00 0.00 ~~286,028~~0.4900 120 Days 0 0 1 0 1 0.00 0.00 ~~348~~286,~~114~~028.0149 0.00 ~~348~~286,~~114~~028.0149 150 Days 1 0 0 1 0 1 ~~475,935.93~~ 0.00 0.00 348,114.01 0.00 ~~475~~348,~~935~~114.9301 180+ Days 0 0 34 0 34 0.00 0.00 12,~~555~~031,~~470~~406.8376 0.00 12,~~555~~031,~~470~~406.8376 Totals 1312 1 46 0 1819 54,~~508~~885,~~813~~817.6743 271,~~891~~630.1870 12,~~903~~665,~~584~~549.8426 0.00 7,~~684~~822,~~289~~997.6939 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 1.~~243094~~265823% 0.~~138122~~158228% 0.000000% 0.000000% 1.~~381215~~424051% 1.~~352248~~459558% 0.~~098844~~113371% 0.000000% 0.000000% 1.~~451092~~572929% 60 Days 0.~~276243~~632911% 0.000000% 0.000000% 0.000000% 0.~~276243~~632911% 0.~~373431~~579642% 0.000000% 0.000000% 0.000000% 0.~~373431~~579642% 90 Days 0.~~138122~~000000% 0.000000% 0.000000% 0.000000% 0.~~138122~~000000% 0.~~103983~~000000% 0.000000% 0.000000% 0.000000% 0.~~103983~~000000% 120 Days 0.000000% 0.000000% 0.~~138122~~158228% 0.000000% 0.~~138122~~158228% 0.000000% 0.000000% 0.~~126554~~119380% 0.000000% 0.~~126554~~119380% 150 Days 0.~~138122~~000000% 0.000000% 0.~~000000~~158228% 0.000000% 0.~~138122~~158228% 0.~~173023~~000000% 0.000000% 0.~~000000~~145293% 0.000000% 0.~~173023~~145293% 180+ Days 0.000000% 0.000000% 0.~~414365~~632911% 0.000000% 0.~~414365~~632911% 0.000000% 0.000000% 0.~~565479~~847851% 0.000000% 0.~~565479~~847851% Totals 1.~~795580~~898734% 0.~~138122~~158228% 0.~~552486~~949367% 0.000000% 23.~~486188~~006329% 2.~~002686~~039200% 0.~~098844~~113371% 01.~~692033~~112524% 0.000000% 23.~~793563~~265094% Delinquencies are stratified according to the information the Servicer has provided. All 90 day delinquencies reported are 90+ day delinquencies.

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 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 10 0 0 0 10 ~~286,028~~0.4900 0.00 0.00 0.00 ~~286,028~~0.4900 120 Days 0 0 01 0 01 0.00 0.00 0286,028.0049 0.00 0286,028.0049 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 1 0 1 0.00 0.00 476,343.45 0.00 476,343.45 Totals 10 0 12 0 2 ~~286,028~~0.4900 0.00 ~~476~~762,~~343~~371.4594 0.00 762,371.94 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 10.~~086957~~000000% 0.000000% 0.000000% 0.000000% 10.~~086957~~000000% 0.~~788642~~000000% 0.000000% 0.000000% 0.000000% 0.~~788642~~000000% 120 Days 0.000000% 0.000000% 01.~~000000~~204819% 0.000000% 01.~~000000~~204819% 0.000000% 0.000000% 0.~~000000~~855973% 0.000000% 0.~~000000~~855973% 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% 1.~~086957~~204819% 0.000000% 1.~~086957~~204819% 0.000000% 0.000000% 1.~~313380~~425512% 0.000000% 1.~~313380~~425512% Totals 10.~~086957~~000000% 0.000000% 12.~~086957~~409639% 0.000000% 2.~~173913~~409639% 0.~~788642~~000000% 0.000000% 12.~~313380~~281484% 0.000000% 2.~~102022~~281484% 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 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 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 01 0 0 0 01 0355,036.0018 0.00 0.00 0.00 0355,036.0018 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 01 0 0 0 01 0355,036.0018 0.00 0.00 0.00 0355,036.0018 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 016.~~000000~~666667% 0.000000% 0.000000% 0.000000% 016.~~000000~~666667% 014.~~000000~~630439% 0.000000% 0.000000% 0.000000% 014.~~000000~~630439% 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 016.~~000000~~666667% 0.000000% 0.000000% 0.000000% 016.~~000000~~666667% 014.~~000000~~630439% 0.000000% 0.000000% 0.000000% 014.~~000000~~630439% 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 97 1 0 0 108 3,~~719~~141,~~647~~989.4484 271,~~891~~630.1870 0.00 0.00 3,~~991~~413,~~538~~620.6254 60 Days 24 0 0 0 24 1,~~027~~388,~~201~~791.8141 0.00 0.00 0.00 1,~~027~~388,~~201~~791.8141 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 10 0 10 0.00 0.00 ~~348,114~~0.0100 0.00 ~~348,114~~0.0100 150 Days 1 0 0 1 0 1 ~~475,935.93~~ 0.00 0.00 348,114.01 0.00 ~~475~~348,~~935~~114.9301 180 Days 0 0 23 0 23 0.00 0.00 1,~~079~~555,~~127~~063.3831 0.00 1,~~079~~555,~~127~~063.3831 Totals 1211 1 34 0 16 54,~~222~~530,~~785~~781.1825 271,~~891~~630.1870 1,~~427~~903,~~241~~177.3932 0.00 6,~~921~~705,~~917~~589.7527 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.~~475410~~320755% 0.~~163934~~188679% 0.000000% 0.000000% 1.~~639344~~509434% 1.~~631470~~593027% 0.~~119254~~137720% 0.000000% 0.000000% 1.~~750724~~730747% 60 Days 0.~~327869~~754717% 0.000000% 0.000000% 0.000000% 0.~~327869~~754717% 0.~~450540~~704134% 0.000000% 0.000000% 0.000000% 0.~~450540~~704134% 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.~~163934~~000000% 0.000000% 0.~~163934~~000000% 0.000000% 0.000000% 0.~~152686~~000000% 0.000000% 0.~~152686~~000000% 150 Days 0.~~163934~~000000% 0.000000% 0.~~000000~~188679% 0.000000% 0.~~163934~~188679% 0.~~208750~~000000% 0.000000% 0.~~000000~~176498% 0.000000% 0.~~208750~~176498% 180 Days 0.000000% 0.000000% 0.~~327869~~566038% 0.000000% 0.~~327869~~566038% 0.000000% 0.000000% 0.~~473315~~788436% 0.000000% 0.~~473315~~788436% Totals 12.~~967213~~075472% 0.~~163934~~188679% 0.~~491803~~754717% 0.000000% 23.~~622951~~018868% 2.~~290760~~297161% 0.~~119254~~137720% 0.~~626001~~964934% 0.000000% 3.~~036015~~399814%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 5354,~~035~~041.2925

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 7.~~362928~~376284% Weighted Average Net Coupon 7.~~112928~~126284% Weighted Average Pass-Through Rate 67.~~998070~~013624% Weighted Average Maturity(Stepdown Calculation ) ~~332~~331 Beginning Scheduled Collateral Loan Count ~~826~~724 Number Of Loans Paid In Full ~~102~~92 Ending Scheduled Collateral Loan Count ~~724~~632 Beginning Scheduled Collateral Balance ~~313~~274,~~533~~774,~~563~~995.2037 Ending Scheduled Collateral Balance ~~274~~239,~~774~~331,~~995~~309.3726 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2002 ~~275~~239,~~071~~594,~~303~~862.9029 Monthly P &I Constant 21,~~257~~984,~~234~~475.0987 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~274~~239,~~774~~331,~~995~~309.3726 Scheduled Principal ~~333~~295,~~463~~460.2161 Unscheduled Principal 3835,~~425~~148,~~104~~225.6250

Group Level Collateral Statement Group Group 1 Group 1 Group 1 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.~~735385~~734030 8.~~396822~~410478 8.~~197766~~223254 Weighted Average Net Rate 7.~~485385~~484030 8.~~146824~~160480 7.~~947763~~973252 Weighted Average Maturity ~~331~~330 ~~336~~335 ~~336~~335 Beginning Loan Count ~~100~~92 1413 9 Loans Paid In Full 89 1 0 3 Ending Loan Count 9283 13 96 Beginning Scheduled Balance 3936,~~016~~230,~~012~~591.4259 6,~~851~~518,~~192~~883.1094 4,~~405~~280,~~772~~082.7535 Ending scheduled Balance 3633,~~230~~381,~~591~~361.5986 6,~~518~~513,~~883~~960.9434 42,~~280~~425,~~082~~004.3566 Record Date 1011/3130/2002 1011/3130/2002 1011/3130/2002 Principal And Interest Constant ~~291~~271,~~344~~246.5395 5350,~~060~~583.8687 35,058.1008 Scheduled Principal 3937,~~841~~739.3188 54,~~120~~894.6676 45,~~960~~727.1991 Unscheduled Principal 2,~~745~~811,~~579~~489.5285 ~~327,187~~28.5084 ~~120~~1,~~730~~849,349.2178 Scheduled Interest ~~251~~233,~~503~~507.2207 4745,~~940~~689.2011 3029,~~097~~330.9117 Servicing Fees 87,~~128~~548.3304 1,~~427~~358.3209 ~~917~~891.8869 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 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 ~~243~~225,~~374~~959.8903 4644,~~512~~331.8802 2928,~~180~~438.0348 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 7.~~485385~~484030 8.~~146822~~160478 7.~~947766~~973254

Group Level Collateral Statement Group Group 2 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.~~266851~~273852 7.~~362928~~376284 Weighted Average Net Rate 7.~~016851~~023852 7.~~112928~~126284 Weighted Average Maturity ~~328~~327 ~~332~~331 Beginning Loan Count ~~703~~610 ~~826~~724 Loans Paid In Full 9380 ~~102~~92 Ending Loan Count ~~610~~530 ~~724~~632 Beginning Scheduled Balance ~~263~~227,~~260~~745,~~585~~437.9349 ~~313~~274,~~533~~774,~~563~~995.2037 Ending scheduled Balance ~~227~~197,~~745~~010,~~437~~982.4940 ~~274~~239,~~774~~331,~~995~~309.3726 Record Date 1011/3130/2002 1011/3130/2002 Principal And Interest Constant 1,~~877~~627,~~770~~586.6097 21,~~257~~984,~~234~~475.0987 Scheduled Principal ~~283~~247,~~541~~098.0506 ~~333~~295,~~463~~460.2161 Unscheduled Principal 3530,~~231~~487,~~607~~357.3903 3835,~~425~~148,~~104~~225.6250 Scheduled Interest 1,~~594~~380,~~229~~488.5591 1,~~923~~689,~~770~~015.8826 Servicing Fees 5447,~~845~~446.97 6557,~~319~~244.5079 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 3025,~~009~~796.7669 3025,~~009~~796.7669 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,~~509~~307,~~373~~245.8225 1,~~828~~605,~~441~~973.6278 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 6.~~880060~~887929 67.~~998070~~013624

Filing Compare · BEAR STEARNS ARM TRUST MORTGAGE PASS THROUGH CERT SER 2001-2