8-K 1 bst01002.txt JANUARY 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): January 27, 2003 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 January 27, 2003 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 January 27, 2003 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: 2/4/03 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 January 27, 2003 distribution.

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 1112/3031/02 1/27/03 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.~~97803~~98005% 3027,~~356~~741,~~732~~526.3861 ~~176~~161,~~525~~364.1645 24,~~615~~689,~~205~~176.7776 1-X-1 07384MBR2 Sen 0.50600% 0.00 1211,~~800~~697.4268 0.00 1-A-2 07384MBS0 Sen 8.~~16048~~16050% 5,~~076~~072,~~306~~469.8258 34,~~520~~494.9190 3305,~~837~~653.2439 1-A-3 07384MBT8 Sen 78.~~97325~~11735% 31,~~736~~999,~~464~~558.3918 2413,~~826~~525.4893 1279,~~736,906~~002.2155 2-A-1 07384MBZ4 Sen 6.~~88793~~88538% ~~141~~121,~~091~~294,~~055~~043.8978 ~~809~~695,~~854~~962.2655 1917,~~797~~987,~~012~~930.1136 2-A-2A 07384MCA8 Sen 5.~~71887~~71284% 0.00 0.00 0.00 2-A-2B 07384MCB6 Sen 5.~~91887~~91284% 0.00 0.00 0.00 2-A-2C 07384MCC4 Sen 5.95000% 6959,~~760~~972,~~500~~144.1930 ~~345~~297,~~895~~361.8188 98,~~788~~893,~~355~~880.8970 2-X-2 07384MCD2 Sen 0.~~93793~~93538% 0.00 5446,~~525~~747.3107 0.00 1-B-1 07384MBW1 Sub 7.~~64202~~65134% 2,~~620~~502,~~026~~265.5355 1615,~~685~~954.2474 ~~117~~167,~~760~~214.9807 1-B-2 07384MBX9 Sub 7.~~64202~~65134% 2,~~183~~085,~~253~~123.0651 13,~~903~~295.7100 98139,~~129~~338.5552 1-B-3 07384MBY7 Sub 7.~~64202~~65134% 1,~~135~~084,~~354~~323.1496 76,~~230~~913.3378 5172,~~030~~460.1802 1-B-4 07384MCK6 Sub 7.~~64202~~65134% ~~786~~750,~~035~~706.8833 54,~~005~~786.7559 3550,~~329~~166.5500 1-B-5 07384MCL4 Sub 7.~~64202~~65134% ~~611~~583,~~292~~817.9951 3,~~892~~722.9349 2739,~~475~~013.4765 1-B-6 07384MCM2 Sub 7.~~64202~~65134% ~~524~~500,~~091~~535.6860 3,~~337~~191.6047 2333,~~556~~448.0833 R-1 BST0102RI Res 7.~~50180~~50076% 0.00 0.00 0.00 R-2 07384MBU5 Res 7.~~50180~~50076% 0.00 0.0300 0.00 R-X 07384MBV3 Res 0.00000% 0.00 23,~~730~~163.7179 0.00 2-B-1 07384MCG5 Sub 6.~~88793~~88538% 6,~~757~~297,~~555~~920.8578 3836,~~787~~136.9729 ~~459~~451,~~635~~156.0780 2-B-2 07384MCH3 Sub 6.~~88793~~88538% 2,~~956~~755,~~413~~323.0288 1615,~~969~~809.6353 ~~201~~197,~~089~~379.1492 2-B-3 07384MCJ9 Sub 6.~~88793~~88538% 2,~~956~~755,~~413~~323.0288 1615,~~969~~809.6353 ~~201~~197,~~089~~379.1492 2-B-4 07384MCN0 Sub 6.~~88793~~88538% 2,~~534~~361,~~076~~713.3871 1413,~~545~~551.4507 ~~172~~169,~~362~~183.6733 2-B-5 07384MCP5 Sub 6.~~88793~~88538% ~~844~~787,~~673~~220.2834 4,~~848~~516.3792 5756,~~452~~393.9419 2-B-6 07384MCQ3 Sub 6.~~88793~~88538% ~~844~~787,~~749~~291.5946 4,~~848~~517.8133 5756,~~458~~398.1328 Totals ~~274~~239,~~774~~331,~~995~~308.0996 1,~~608~~402,~~704~~522.5199 3533,~~443~~785,~~686~~175.1279

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 2723,~~741~~052,~~526~~349.6185 24,~~791~~850,~~730~~541.9321 0.00 1-X-1 0.00 0.00 1211,~~800~~697.4268 0.00 1-A-2 0.00 54,~~072~~766,~~469~~816.5819 38340,~~358~~148.1529 0.00 1-A-3 0.00 1,~~999~~720,~~558~~555.1863 1292,~~761,732~~528.6948 0.00 2-A-1 0.00 ~~121~~103,~~294~~306,~~043~~113.7842 2018,~~606~~683,~~866~~892.3791 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 5951,~~972~~078,~~144~~263.3060 109,~~134~~191,~~251~~242.7058 0.00 2-X-2 0.00 0.00 5446,~~525~~747.3107 0.00 1-B-1 0.00 2,~~502~~335,~~265~~051.5548 ~~134~~183,~~446~~168.2281 0.00 1-B-2 0.00 21,~~085~~945,~~123~~784.5199 ~~112~~152,~~033~~633.2652 0.00 1-B-3 0.00 1,~~084~~011,~~323~~863.9694 5879,~~260~~373.5180 0.00 1-B-4 0.00 ~~750~~700,~~706~~540.33 4054,~~335~~952.3059 0.00 1-B-5 0.00 ~~583~~544,~~817~~803.5187 3142,~~368~~736.4014 0.00 1-B-6 0.00 ~~500~~467,~~535~~087.6027 2636,~~893~~639.6880 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.0300 0.00 R-X 0.00 0.00 23,~~730~~163.7179 0.00 2-B-1 0.00 65,~~297~~846,~~920~~763.7898 ~~498~~487,~~423~~293.0409 0.00 2-B-2 0.00 2,~~755~~557,~~323~~943.8896 ~~218~~213,~~058~~189.7745 0.00 2-B-3 0.00 2,~~755~~557,~~323~~943.8896 ~~218~~213,~~058~~189.7745 0.00 2-B-4 0.00 2,~~361~~192,~~713~~530.7138 ~~186~~182,~~908~~734.1240 0.00 2-B-5 0.00 ~~787~~730,~~220~~827.3416 6260,~~301~~910.3111 0.00 2-B-6 0.00 ~~787~~730,~~291~~893.4618 6260,~~306~~915.9461 0.00 Totals 0.00 ~~239~~205,~~331~~546,~~308~~133.9619 3735,~~052~~187,~~390~~698.6378 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 3027,~~356~~741,~~732~~526.3861 3129,~~621~~456.3338 24,~~583~~659,~~584~~720.4438 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,~~076~~072,~~306~~469.8258 3,~~811~~838.5940 25301,815.6500 0.00 0.00 1-A-3 20,434,500.00 31,~~736~~999,~~464~~558.3918 51,~~000~~971.4010 1277,~~731,905~~031.8146 0.00 0.00 2-A-1 980,000,000.00 ~~141~~121,~~091~~294,~~055~~043.8978 ~~153~~133,~~080~~224.2440 1917,~~643~~854,~~931~~705.8796 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 6959,~~760~~972,~~500~~144.1930 7565,~~688~~870.3894 98,~~712~~828,~~667~~009.5076 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,~~620~~502,~~026~~265.5355 2,~~643~~499.0956 ~~115~~164,~~117~~714.9051 0.00 0.00 1-B-2 3,909,400.00 2,~~183~~085,~~253~~123.0651 2,~~202~~082.4787 95137,~~927~~255.0865 0.00 0.00 1-B-3 2,033,000.00 1,~~135~~084,~~354~~323.1496 1,~~145~~083.3515 4971,~~884~~376.8387 0.00 0.00 1-B-4 1,407,500.00 ~~786~~750,~~035~~706.8833 ~~792~~749.9589 3449,~~536~~416.6011 0.00 0.00 1-B-5 1,094,600.00 ~~611~~583,~~292~~817.9951 ~~616~~583.6719 2638,~~858~~430.8046 0.00 0.00 1-B-6 938,455.00 ~~524~~500,~~091~~535.6860 ~~528~~499.7099 2332,~~027~~948.3733 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 6,~~757~~297,~~555~~920.8578 76,~~331~~917.7838 ~~452~~444,~~303~~239.2942 0.00 0.00 2-B-2 5,230,500.00 2,~~956~~755,~~413~~323.0288 3,~~207~~026.6333 ~~197~~194,~~881~~353.5159 0.00 0.00 2-B-3 5,230,500.00 2,~~956~~755,~~413~~323.0288 3,~~207~~026.6333 ~~197~~194,~~881~~353.5159 0.00 0.00 2-B-4 4,483,300.00 2,~~534~~361,~~076~~713.3871 2,~~749~~594.4101 ~~169~~166,~~613~~589.2632 0.00 0.00 2-B-5 1,494,400.00 ~~844~~787,~~673~~220.2834 ~~916~~864.4565 5655,~~536~~528.4953 0.00 0.00 2-B-6 1,494,535.00 ~~844~~787,~~749~~291.5946 ~~916~~864.5373 5655,~~541~~533.6055 0.00 0.00 Totals 1,807,197,590.000 ~~274~~239,~~774~~331,~~995~~308.0996 ~~295~~259,~~460~~153.6030 3533,~~148~~526,~~225~~022.5149 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 24,~~615~~689,~~205~~176.7776 2723,~~741~~052,~~526~~349.6185 0.~~12619634~~10486525 24,~~615~~689,~~205~~176.7776 1-X-1 0.00 0.00 0.00000000 0.00 1-A-2 3305,~~837~~653.2439 54,~~072~~766,~~469~~816.5819 0.~~08682138~~08158976 3305,~~837~~653.2439 1-A-3 1279,~~736,906~~002.2155 1,~~999~~720,~~558~~555.1863 0.~~09785207~~08419857 1279,~~736,906~~002.2155 2-A-1 1917,~~797~~987,~~012~~930.1136 ~~121~~103,~~294~~306,~~043~~113.7842 0.~~12376943~~10541440 1917,~~797~~987,~~012~~930.1136 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 98,~~788~~893,~~355~~880.8970 5951,~~972~~078,~~144~~263.3060 0.~~41116604~~35019004 98,~~788~~893,~~355~~880.8970 2-X-2 0.00 0.00 0.00000000 0.00 1-B-1 ~~117~~167,~~760~~214.9807 2,~~502~~335,~~265~~051.5548 0.~~53336152~~49771960 ~~117~~167,~~760~~214.9807 1-B-2 98139,~~129~~338.5552 21,~~085~~945,~~123~~784.5199 0.~~53336152~~49771960 98139,~~129~~338.5552 1-B-3 5172,~~030~~460.1802 1,~~084~~011,~~323~~863.9694 0.~~53336152~~49771960 5172,~~030~~460.1802 1-B-4 3550,~~329~~166.5500 ~~750~~700,~~706~~540.33 0.~~53336151~~49771960 3550,~~329~~166.5500 1-B-5 2739,~~475~~013.4765 ~~583~~544,~~817~~803.5187 0.~~53336151~~49771960 2739,~~475~~013.4765 1-B-6 2333,~~556~~448.0833 ~~500~~467,~~535~~087.6027 0.~~53336132~~49771941 2333,~~556~~448.0833 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 ~~459~~451,~~635~~156.0780 65,~~297~~846,~~920~~763.7898 0.~~52678021~~48904387 ~~459~~451,~~635~~156.0780 2-B-2 ~~201~~197,~~089~~379.1492 2,~~755~~557,~~323~~943.8896 0.~~52678021~~48904387 ~~201~~197,~~089~~379.1492 2-B-3 ~~201~~197,~~089~~379.1492 2,~~755~~557,~~323~~943.8896 0.~~52678021~~48904387 ~~201~~197,~~089~~379.1492 2-B-4 ~~172~~169,~~362~~183.6733 2,~~361~~192,~~713~~530.7138 0.~~52678021~~48904387 ~~172~~169,~~362~~183.6733 2-B-5 5756,~~452~~393.9419 ~~787~~730,~~220~~827.3416 0.~~52678021~~48904387 5756,~~452~~393.9419 2-B-6 5756,~~458~~398.1328 ~~787~~730,~~291~~893.4618 0.~~52678021~~48904387 5756,~~458~~398.1328 Totals 3533,~~443~~785,~~686~~175.1279 ~~239~~205,~~331~~546,~~308~~133.9619 0.~~13243229~~11373750 3533,~~443~~785,~~686~~175.1279

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 ~~138~~126.~~09292243~~19633873 0.~~14384558~~13399722 1121.~~75273811~~19709055 0.00000000 1-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-2 58,424,200.00 86.~~88705742~~82137847 0.~~06523992~~06569880 05.~~00043903~~16592439 0.00000000 1-A-3 20,434,500.00 ~~182~~97.~~85078617~~85207272 0.~~24470381~~09645942 8413.~~75400964~~55704617 0.00000000 2-A-1 980,000,000.00 ~~143~~123.~~97046519~~76943243 0.~~15620433~~13594327 2018.~~04482844~~21908771 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 ~~478~~411.~~27452315~~16604152 0.~~51891577~~45160789 6660.~~58956579~~52439628 0.00000000 2-X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-B-1 4,691,500.00 ~~558~~533.~~46243845~~36151551 0.~~56337845~~53278482 2435.~~53754663~~10913567 0.00000000 1-B-2 3,909,400.00 ~~558~~533.~~46243925~~36151583 0.~~56337801~~53278508 2435.~~53754540~~10913439 0.00000000 1-B-3 2,033,000.00 ~~558~~533.~~46243974~~36151500 0.~~56337924~~53278406 2435.~~53754550~~10913428 0.00000000 1-B-4 1,407,500.00 ~~558~~533.~~46243694~~36151332 0.~~56337478~~53278153 2435.~~53754885~~10913677 0.00000000 1-B-5 1,094,600.00 ~~558~~533.~~46244290~~36151105 0.~~56337475~~53278823 2435.~~53754796~~10913576 0.00000000 1-B-6 938,455.00 ~~558~~533.~~46223847~~36132260 0.~~56337278~~53277994 2435.~~53753243~~10912084 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 ~~565~~526.~~22569947~~78020827 0.~~61325582~~57859395 37.~~83223537~~15774497 0.00000000 2-B-2 5,230,500.00 ~~565~~526.~~22569926~~78020839 0.~~61325495~~57859287 37.~~83223592~~15774591 0.00000000 2-B-3 5,230,500.00 ~~565~~526.~~22569926~~78020839 0.~~61325495~~57859287 37.~~83223592~~15774591 0.00000000 2-B-4 4,483,300.00 ~~565~~526.~~22569982~~78020877 0.~~61325586~~57859389 37.~~83223518~~15774541 0.00000000 2-B-5 1,494,400.00 ~~565~~526.~~22569593~~78020610 0.~~61325616~~57859342 37.~~83223367~~15774224 0.00000000 2-B-6 1,494,535.00 ~~565~~526.~~22569896~~78020923 0.~~61325429~~57859468 37.~~83223544~~15774472 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 1121.~~89658370~~33108776 ~~126~~104.~~19633873~~86525097 0.~~12619634~~10486525 1121.~~89658370~~33108776 1-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-2 0.00000000 05.~~06567895~~23162303 8681.~~82137847~~58975544 0.~~08682138~~08158976 05.~~06567895~~23162303 1-A-3 0.00000000 8413.~~99871345~~65350510 9784.~~85207272~~19856762 0.~~09785207~~08419857 8413.~~99871345~~65350510 2-A-1 0.00000000 2018.~~20103277~~35503098 ~~123~~105.~~76943243~~41440145 0.~~12376943~~10541440 2018.~~20103277~~35503098 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 6760.~~10848163~~97600417 ~~411~~350.~~16604152~~19003734 0.~~41116604~~35019004 6760.~~10848163~~97600417 2-X-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-B-1 0.00000000 2535.~~10092295~~64192049 ~~533~~497.~~36151551~~71959501 0.~~53336152~~49771960 2535.~~10092295~~64192049 1-B-2 0.00000000 2535.~~10092342~~64191948 ~~533~~497.~~36151583~~71959636 0.~~53336152~~49771960 2535.~~10092342~~64191948 1-B-3 0.00000000 2535.~~10092474~~64191835 ~~533~~497.~~36151500~~71959666 0.~~53336152~~49771960 2535.~~10092474~~64191835 1-B-4 0.00000000 2535.~~10092362~~64191829 ~~533~~497.~~36151332~~71959503 0.~~53336151~~49771960 2535.~~10092362~~64191829 1-B-5 0.00000000 2535.~~10092271~~64192399 ~~533~~497.~~36151105~~71959620 0.~~53336151~~49771960 2535.~~10092271~~64192399 1-B-6 0.00000000 2535.~~10091587~~64191144 ~~533~~497.~~36132260~~71941116 0.~~53336132~~49771941 2535.~~10091587~~64191144 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 3837.~~44549120~~73633892 ~~526~~489.~~78020827~~04386935 0.~~52678021~~48904387 3837.~~44549120~~73633892 2-B-2 0.00000000 3837.~~44549087~~73633878 ~~526~~489.~~78020839~~04386961 0.~~52678021~~48904387 3837.~~44549087~~73633878 2-B-3 0.00000000 3837.~~44549087~~73633878 ~~526~~489.~~78020839~~04386961 0.~~52678021~~48904387 3837.~~44549087~~73633878 2-B-4 0.00000000 3837.~~44549104~~73633930 ~~526~~489.~~78020877~~04386947 0.~~52678021~~48904387 3837.~~44549104~~73633930 2-B-5 0.00000000 3837.~~44548983~~73634234 ~~526~~489.~~78020610~~04387045 0.~~52678021~~48904387 3837.~~44548983~~73634234 2-B-6 0.00000000 3837.~~44548973~~73633940 ~~526~~489.~~78020923~~04386983 0.~~52678021~~48904387 3837.~~44548973~~73633940 (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.~~97803~~98005% 3027,~~356~~741,~~732~~526.3861 ~~176~~161,~~525~~364.1645 0.00 0.00 1-X-1 0.00 0.50600% 3027,~~356~~741,~~732~~526.3861 1211,~~800~~697.4268 0.00 0.00 1-A-2 58,424,200.00 8.~~16048~~16050% 5,~~076~~072,~~306~~469.8258 34,~~520~~494.9190 0.00 0.00 1-A-3 20,434,500.00 78.~~97325~~11735% 31,~~736~~999,~~464~~558.3918 2413,~~826~~525.4893 0.00 0.00 2-A-1 980,000,000.00 6.~~88793~~88538% ~~141~~121,~~091~~294,~~055~~043.8978 ~~809~~695,~~854~~962.2655 0.00 0.00 2-A-2A 197,774,400.00 5.~~71887~~71284% 0.00 0.00 0.00 0.00 2-A-2B 140,914,200.00 5.~~91887~~91284% 0.00 0.00 0.00 0.00 2-A-2C 145,858,700.00 5.95000% 6959,~~760~~972,~~500~~144.1930 ~~345~~297,~~895~~361.8188 0.00 0.00 2-X-2 0.00 0.~~93793~~93538% 6959,~~760~~972,~~500~~144.1930 5446,~~525~~747.3107 0.00 0.00 1-B-1 4,691,500.00 7.~~64202~~65134% 2,~~620~~502,~~026~~265.5355 1615,~~685~~954.2474 0.00 0.00 1-B-2 3,909,400.00 7.~~64202~~65134% 2,~~183~~085,~~253~~123.0651 13,~~903~~295.7100 0.00 0.00 1-B-3 2,033,000.00 7.~~64202~~65134% 1,~~135~~084,~~354~~323.1496 76,~~230~~913.3378 0.00 0.00 1-B-4 1,407,500.00 7.~~64202~~65134% ~~786~~750,~~035~~706.8833 54,~~005~~786.7559 0.00 0.00 1-B-5 1,094,600.00 7.~~64202~~65134% ~~611~~583,~~292~~817.9951 3,~~892~~722.9349 0.00 0.00 1-B-6 938,455.00 7.~~64202~~65134% ~~524~~500,~~091~~535.6860 3,~~337~~191.6047 0.00 0.00 R-1 50.00 7.~~50180~~50076% 0.00 0.00 0.00 0.00 R-2 50.00 7.~~50180~~50076% 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.~~88793~~88538% 6,~~757~~297,~~555~~920.8578 3836,~~787~~136.9729 0.00 0.00 2-B-2 5,230,500.00 6.~~88793~~88538% 2,~~956~~755,~~413~~323.0288 1615,~~969~~809.6353 0.00 0.00 2-B-3 5,230,500.00 6.~~88793~~88538% 2,~~956~~755,~~413~~323.0288 1615,~~969~~809.6353 0.00 0.00 2-B-4 4,483,300.00 6.~~88793~~88538% 2,~~534~~361,~~076~~713.3871 1413,~~545~~551.4507 0.00 0.00 2-B-5 1,494,400.00 6.~~88793~~88538% ~~844~~787,~~673~~220.2834 4,~~848~~516.3792 0.00 0.00 2-B-6 1,494,535.00 6.~~88793~~88538% ~~844~~787,~~749~~291.5946 4,~~848~~517.8133 0.00 0.00 Totals 1,807,197,590.000 1,~~605~~399,~~973~~359.7720 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 ~~176~~161,~~525~~364.1645 0.00 2723,~~741~~052,~~526~~349.6185 1-X-1 0.00 0.00 1211,~~800~~697.4268 0.00 2723,~~741~~052,~~526~~349.6185 1-A-2 0.00 0.00 34,~~520~~494.9190 0.00 54,~~072~~766,~~469~~816.5819 1-A-3 0.00 0.00 2413,~~826~~525.4893 0.00 1,~~999~~720,~~558~~555.1863 2-A-1 0.00 0.00 ~~809~~695,~~854~~962.2655 0.00 ~~121~~103,~~294~~306,~~043~~113.7842 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 ~~345~~297,~~895~~361.8188 0.00 5951,~~972~~078,~~144~~263.3060 2-X-2 0.00 0.00 5446,~~525~~747.3107 0.00 5951,~~972~~078,~~144~~263.3060 1-B-1 0.00 0.00 1615,~~685~~954.2474 0.00 2,~~502~~335,~~265~~051.5548 1-B-2 0.00 0.00 13,~~903~~295.7100 0.00 21,~~085~~945,~~123~~784.5199 1-B-3 0.00 0.00 76,~~230~~913.3378 0.00 1,~~084~~011,~~323~~863.9694 1-B-4 0.00 0.00 54,~~005~~786.7559 0.00 ~~750~~700,~~706~~540.33 1-B-5 0.00 0.00 3,~~892~~722.9349 0.00 ~~583~~544,~~817~~803.5187 1-B-6 0.00 0.00 3,~~337~~191.6047 0.00 ~~500~~467,~~535~~087.6027 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.0300 0.00 0.00 R-X 0.00 0.00 23,~~730~~163.7179 0.00 0.00 2-B-1 0.00 0.00 3836,~~787~~136.9729 0.00 65,~~297~~846,~~920~~763.7898 2-B-2 0.00 0.00 1615,~~969~~809.6353 0.00 2,~~755~~557,~~323~~943.8896 2-B-3 0.00 0.00 1615,~~969~~809.6353 0.00 2,~~755~~557,~~323~~943.8896 2-B-4 0.00 0.00 1413,~~545~~551.4507 0.00 2,~~361~~192,~~713~~530.7138 2-B-5 0.00 0.00 4,~~848~~516.3792 0.00 ~~787~~730,~~220~~827.3416 2-B-6 0.00 0.00 4,~~848~~517.8133 0.00 ~~787~~730,~~291~~893.4618 Totals 0.00 0.00 1,~~608~~402,~~704~~522.5199 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.~~97803~~98005% ~~138~~126.~~09292243~~19633873 0.~~80301381~~73404766 0.00000000 0.00000000 1-X-1 0.00 0.50600% ~~138~~126.~~09292243~~19633873 0.~~05822917~~05321280 0.00000000 0.00000000 1-A-2 58,424,200.00 8.~~16048~~16050% 86.~~88705742~~82137847 0.~~59086663~~59042143 0.00000000 0.00000000 1-A-3 20,434,500.00 78.~~97325~~11735% ~~182~~97.~~85078617~~85207272 10.~~21492965~~66191637 0.00000000 0.00000000 2-A-1 980,000,000.00 6.~~88793~~88538% ~~143~~123.~~97046519~~76943243 0.~~82638190~~71016587 0.00000000 0.00000000 2-A-2A 197,774,400.00 5.~~71887~~71284% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2B 140,914,200.00 5.~~91887~~91284% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-2C 145,858,700.00 5.95000% ~~478~~411.~~27452315~~16604152 2.~~37144449~~03869827 0.00000000 0.00000000 2-X-2 0.00 0.~~93793~~93538% ~~143~~123.~~97046520~~76943242 0.~~11252835~~09647576 0.00000000 0.00000000 1-B-1 4,691,500.00 7.~~64202~~65134% ~~558~~533.~~46243845~~36151551 3.~~55648300~~40077587 0.00000000 0.00000000 1-B-2 3,909,400.00 7.~~64202~~65134% ~~558~~533.~~46243925~~36151583 3.~~55648181~~40077761 0.00000000 0.00000000 1-B-3 2,033,000.00 7.~~64202~~65134% ~~558~~533.~~46243974~~36151500 3.~~55648303~~40077718 0.00000000 0.00000000 1-B-4 1,407,500.00 7.~~64202~~65134% ~~558~~533.~~46243694~~36151332 3.~~55648313~~40077442 0.00000000 0.00000000 1-B-5 1,094,600.00 7.~~64202~~65134% ~~558~~533.~~46244290~~36151105 3.~~55648639~~40077654 0.00000000 0.00000000 1-B-6 938,455.00 7.~~64202~~65134% ~~558~~533.~~46223847~~36132260 3.~~55648380~~40077042 0.00000000 0.00000000 R-1 50.00 7.~~50180~~50076% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 7.~~50180~~50076% 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.~~88793~~88538% ~~565~~526.~~22569947~~78020827 3.~~24436201~~02256618 0.00000000 0.00000000 2-B-2 5,230,500.00 6.~~88793~~88538% ~~565~~526.~~22569926~~78020839 3.~~24436096~~02256572 0.00000000 0.00000000 2-B-3 5,230,500.00 6.~~88793~~88538% ~~565~~526.~~22569926~~78020839 3.~~24436096~~02256572 0.00000000 0.00000000 2-B-4 4,483,300.00 6.~~88793~~88538% ~~565~~526.~~22569982~~78020877 3.~~24436241~~02256597 0.00000000 0.00000000 2-B-5 1,494,400.00 6.~~88793~~88538% ~~565~~526.~~22569593~~78020610 3.~~24435894~~02256424 0.00000000 0.00000000 2-B-6 1,494,535.00 6.~~88793~~88538% ~~565~~526.~~22569896~~78020923 3.~~24436029~~02256555 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.~~80301381~~73404766 0.00000000 ~~126~~104.~~19633873~~86525097 1-X-1 0.00000000 0.00000000 0.~~05822917~~05321280 0.00000000 ~~126~~104.~~19633873~~86525097 1-A-2 0.00000000 0.00000000 0.~~59086663~~59042143 0.00000000 8681.~~82137847~~58975544 1-A-3 0.00000000 0.00000000 10.~~21492965~~66191637 0.00000000 9784.~~85207272~~19856762 2-A-1 0.00000000 0.00000000 0.~~82638190~~71016587 0.00000000 ~~123~~105.~~76943243~~41440145 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.~~37144449~~03869827 0.00000000 ~~411~~350.~~16604152~~19003734 2-X-2 0.00000000 0.00000000 0.~~11252835~~09647576 0.00000000 ~~123~~105.~~76943242~~41440144 1-B-1 0.00000000 0.00000000 3.~~55648300~~40077587 0.00000000 ~~533~~497.~~36151551~~71959501 1-B-2 0.00000000 0.00000000 3.~~55648181~~40077761 0.00000000 ~~533~~497.~~36151583~~71959636 1-B-3 0.00000000 0.00000000 3.~~55648303~~40077718 0.00000000 ~~533~~497.~~36151500~~71959666 1-B-4 0.00000000 0.00000000 3.~~55648313~~40077442 0.00000000 ~~533~~497.~~36151332~~71959503 1-B-5 0.00000000 0.00000000 3.~~55648639~~40077654 0.00000000 ~~533~~497.~~36151105~~71959620 1-B-6 0.00000000 0.00000000 3.~~55648380~~40077042 0.00000000 ~~533~~497.~~36132260~~71941116 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.~~60000000~~00000000 0.00000000 0.00000000 R-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-B-1 0.00000000 0.00000000 3.~~24436201~~02256618 0.00000000 ~~526~~489.~~78020827~~04386935 2-B-2 0.00000000 0.00000000 3.~~24436096~~02256572 0.00000000 ~~526~~489.~~78020839~~04386961 2-B-3 0.00000000 0.00000000 3.~~24436096~~02256572 0.00000000 ~~526~~489.~~78020839~~04386961 2-B-4 0.00000000 0.00000000 3.~~24436241~~02256597 0.00000000 ~~526~~489.~~78020877~~04386947 2-B-5 0.00000000 0.00000000 3.~~24435894~~02256424 0.00000000 ~~526~~489.~~78020610~~04387045 2-B-6 0.00000000 0.00000000 3.~~24436029~~02256555 0.00000000 ~~526~~489.~~78020923~~04386983 (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 3736,~~081~~209,~~390~~429.8661 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 5450,~~041~~670.2534 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 3736,~~135~~260,~~432~~099.1195 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 8372,~~041~~401.4817 Payment of Interest and Principal 3735,~~052~~187,~~390~~698.6378 Total Withdrawals (Pool Distribution Amount) 3735,~~135~~260,~~432~~099.1195 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 5749,~~244~~860.7971 Supplemental PMI 2522,~~796~~540.6946 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 8372,~~041~~401.4817

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 8 10 0 0 98 3,~~497~~230,~~026~~327.0283 ~~271,630~~0.7000 0.00 0.00 3,~~768~~230,~~656~~327.7283 60 Days 42 01 0 0 43 1892,~~388,791~~144.4102 0271,630.0070 0.00 0.00 1,~~388~~163,~~791~~774.4172 90 Days 01 0 0 0 01 0308,917.0095 0.00 0.00 0.00 0308,917.0095 120 Days 0 0 10 0 10 0.00 0.00 ~~286,028~~0.4900 0.00 ~~286,028~~0.4900 150 Days 0 0 1 0 1 0.00 0.00 ~~348~~286,~~114~~028.0149 0.00 ~~348~~286,~~114~~028.0149 180+ Days 0 0 45 0 45 0.00 0.00 2,~~031~~379,~~406~~520.7677 0.00 2,~~031~~379,~~406~~520.7677 Totals 1211 1 6 0 1918 4,~~885~~431,~~817~~389.4380 271,630.70 2,665,549.26 0.00 7,~~822~~368,~~997~~569.3976 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.~~265823~~476015% 0.~~158228~~000000% 0.000000% 0.000000% 1.~~424051~~476015% 1.~~459558~~569988% 0.~~113371~~000000% 0.000000% 0.000000% 1.~~572929~~569988% 60 Days 0.~~632911~~369004% 0.~~000000~~184502% 0.000000% 0.000000% 0.~~632911~~553506% 0.~~579642~~433596% 0.~~000000~~132017% 0.000000% 0.000000% 0.~~579642~~565612% 90 Days 0.~~000000~~184502% 0.000000% 0.000000% 0.000000% 0.~~000000~~184502% 0.~~000000~~150139% 0.000000% 0.000000% 0.000000% 0.~~000000~~150139% 120 Days 0.000000% 0.000000% 0.~~158228~~000000% 0.000000% 0.~~158228~~000000% 0.000000% 0.000000% 0.~~119380~~000000% 0.000000% 0.~~119380~~000000% 150 Days 0.000000% 0.000000% 0.~~158228~~184502% 0.000000% 0.~~158228~~184502% 0.000000% 0.000000% 0.~~145293~~139014% 0.000000% 0.~~145293~~139014% 180+ Days 0.000000% 0.000000% 0.~~632911~~922509% 0.000000% 0.~~632911~~922509% 0.000000% 0.000000% 01.~~847851~~156483% 0.000000% 01.~~847851~~156483% Totals 12.~~898734~~029520% 0.~~158228~~184502% 01.~~949367~~107011% 0.000000% 3.~~006329~~321033% 2.~~039200~~153723% 0.~~113371~~132017% 1.~~112524~~295497% 0.000000% 3.~~265094~~581237% ~~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 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 ~~286,028~~0.4900 0.00 ~~286,028~~0.4900 150 Days 0 0 01 0 01 0.00 0.00 0286,028.0049 0.00 0286,028.0049 180 Days 0 0 1 0 1 0.00 0.00 476,343.45 0.00 476,343.45 Totals 0 0 2 0 2 0.00 0.00 762,371.94 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 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% 10.~~204819~~000000% 0.000000% 10.~~204819~~000000% 0.000000% 0.000000% 0.~~855973~~000000% 0.000000% 0.~~855973~~000000% 150 Days 0.000000% 0.000000% 01.~~000000~~428571% 0.000000% 01.~~000000~~428571% 0.000000% 0.000000% 01.~~000000~~011241% 0.000000% 01.~~000000~~011241% 180 Days 0.000000% 0.000000% 1.~~204819~~428571% 0.000000% 1.~~204819~~428571% 0.000000% 0.000000% 1.~~425512~~684091% 0.000000% 1.~~425512~~684091% Totals 0.000000% 0.000000% 2.~~409639~~857143% 0.000000% 2.~~409639~~857143% 0.000000% 0.000000% 2.~~281484~~695332% 0.000000% 2.~~281484~~695332% 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 10 0 0 0 10 ~~355,036~~0.1800 0.00 0.00 0.00 ~~355,036~~0.1800 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 10 0 0 0 10 ~~355,036~~0.1800 0.00 0.00 0.00 ~~355,036~~0.1800 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 160.~~666667~~000000% 0.000000% 0.000000% 0.000000% 160.~~666667~~000000% 140.~~630439~~000000% 0.000000% 0.000000% 0.000000% 140.~~630439~~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 160.~~666667~~000000% 0.000000% 0.000000% 0.000000% 160.~~666667~~000000% 140.~~630439~~000000% 0.000000% 0.000000% 0.000000% 140.~~630439~~000000% 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 78 10 0 0 8 3,~~141~~230,~~989~~327.8483 ~~271,630~~0.7000 0.00 0.00 3,~~413~~230,~~620~~327.5483 60 Days 42 01 0 0 43 1892,~~388,791~~144.4102 0271,630.0070 0.00 0.00 1,~~388~~163,~~791~~774.4172 90 Days 01 0 0 0 01 0308,917.0095 0.00 0.00 0.00 0308,917.0095 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 10 0 10 0.00 0.00 ~~348,114~~0.0100 0.00 ~~348,114~~0.0100 180 Days 0 0 34 0 34 0.00 0.00 1,~~555~~903,~~063~~177.3132 0.00 1,~~555~~903,~~063~~177.3132 Totals 11 1 4 0 16 4,~~530~~431,~~781~~389.2580 271,630.70 1,903,177.32 0.00 6,~~705~~606,~~589~~197.2782 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.~~320755~~758242% 0.~~188679~~000000% 0.000000% 0.000000% 1.~~509434~~758242% 1.~~593027~~909437% 0.~~137720~~000000% 0.000000% 0.000000% 1.~~730747~~909437% 60 Days 0.~~754717~~439560% 0.~~000000~~219780% 0.000000% 0.000000% 0.~~754717~~659341% 0.~~704134~~527344% 0.~~000000~~160560% 0.000000% 0.000000% 0.~~704134~~687904% 90 Days 0.~~000000~~219780% 0.000000% 0.000000% 0.000000% 0.~~000000~~219780% 0.~~000000~~182600% 0.000000% 0.000000% 0.000000% 0.~~000000~~182600% 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.~~188679~~000000% 0.000000% 0.~~188679~~000000% 0.000000% 0.000000% 0.~~176498~~000000% 0.000000% 0.~~176498~~000000% 180 Days 0.000000% 0.000000% 0.~~566038~~879121% 0.000000% 0.~~566038~~879121% 0.000000% 0.000000% 01.~~788436~~124962% 0.000000% 01.~~788436~~124962% Totals 2.~~075472~~417582% 0.~~188679~~219780% 0.~~754717~~879121% 0.000000% 3.~~018868~~516484% 2.~~297161~~619381% 0.~~137720~~160560% 01.~~964934~~124962% 0.000000% 3.~~399814~~904903%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 5450,~~041~~670.2534

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 7.~~376284~~379362% Weighted Average Net Coupon 7.~~126284~~129362% Weighted Average Pass-Through Rate 7.~~013624~~016345% Weighted Average Maturity(Stepdown Calculation ) ~~331~~330 Beginning Scheduled Collateral Loan Count ~~724~~632 Number Of Loans Paid In Full 9290 Ending Scheduled Collateral Loan Count ~~632~~542 Beginning Scheduled Collateral Balance ~~274~~239,~~774~~331,~~995~~309.3726 Ending Scheduled Collateral Balance ~~239~~205,~~331~~546,~~309~~133.2647 Ending Actual Collateral Balance at 3031-~~Nov~~Dec-2002 ~~239~~205,~~594~~754,~~862~~897.2921 Monthly P &I Constant 1,~~984~~730,~~475~~913.8766 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 ~~239~~205,~~331~~546,~~309~~133.2647 Scheduled Principal ~~295~~259,~~460~~153.6130 Unscheduled Principal 3533,~~148~~526,~~225~~022.5049

Group Level Collateral Statement Group Group 1 Group 1 Group 1 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.~~734030~~736053 8.~~410478~~410498 8.~~223254~~367349 Weighted Average Net Rate 7.~~484030~~486053 8.~~160480~~160497 78.~~973252~~117344 Weighted Average Maturity ~~330~~329 ~~335~~334 ~~335~~334 Beginning Loan Count 9283 13 96 Loans Paid In Full 913 01 31 Ending Loan Count 8370 1312 65 Beginning Scheduled Balance 3633,~~230~~381,~~591~~361.5986 6,~~518~~513,~~883~~960.9434 42,~~280~~425,~~082~~004.3566 Ending scheduled Balance 3328,~~381~~256,~~361~~242.8623 6,~~513~~169,~~960~~666.3475 2,~~425~~118,~~004~~944.6659 Record Date 1112/3031/2002 1112/3031/2002 1112/3031/2002 Principal And Interest Constant ~~271~~250,~~246~~644.9584 50,583.8790 3519,~~058~~299.0854 Scheduled Principal 3735,~~739~~444.8884 4,~~894~~929.7619 52,~~727~~390.9149 Unscheduled Principal 25,~~811~~089,~~489~~674.8579 28339,364.8440 1303,~~849,349~~669.7858 Scheduled Interest ~~233~~215,~~507~~200.0700 45,~~689~~654.1171 2916,~~330~~909.1705 Servicing Fees 76,~~548~~954.0446 1,~~358~~357.0908 ~~891~~505.6922 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 ~~225~~208,~~959~~245.0354 44,~~331~~297.0263 2816,~~438~~403.4883 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.~~484030~~486053 8.~~160478~~160498 78.~~973254~~117349

Group Level Collateral Statement Group Group 2 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.~~273852~~272670 7.~~376284~~379362 Weighted Average Net Rate 7.~~023852~~022670 7.~~126284~~129362 Weighted Average Maturity ~~327~~326 ~~331~~330 Beginning Loan Count ~~610~~530 ~~724~~632 Loans Paid In Full 8075 9290 Ending Loan Count ~~530~~455 ~~632~~542 Beginning Scheduled Balance ~~227~~197,~~745~~010,~~437~~982.4940 ~~274~~239,~~774~~331,~~995~~309.3726 Ending scheduled Balance ~~197~~169,~~010~~001,~~982~~279.4090 ~~239~~205,~~331~~546,~~309~~133.2647 Record Date 1112/3031/2002 1112/3031/2002 Principal And Interest Constant 1,~~627~~410,~~586~~385.9738 1,~~984~~730,~~475~~913.8766 Scheduled Principal ~~247~~216,~~098~~388.0678 ~~295~~259,~~460~~153.6130 Unscheduled Principal 3027,~~487~~793,~~357~~313.0372 3533,~~148~~526,~~225~~022.5049 Scheduled Interest 1,~~380~~193,~~488~~996.9160 1,~~689~~471,~~015~~760.2636 Servicing Fees 4741,~~446~~043.9795 5749,~~244~~860.7971 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 2522,~~796~~540.6946 2522,~~796~~540.6946 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,~~307~~130,~~245~~412.2519 1,~~605~~399,~~973~~359.7819 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.~~887929~~885376 7.~~013624~~016345

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