8-K 1 sai03bc7_sept.txt SEPTEMBER 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): September 25, 2003 STRUCTURED ASSET INVESTMENT LOAN TRUST Mortgage Pass-Through Certificates, Series 2003-BC7 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-102489-18 Pooling and Servicing Agreement) (Commission 54-2121805 (State or other File Number) 54-2121806 jurisdiction 54-2121807 of Incorporation) 54-2121808 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 September 25, 2003 a distribution was made to holders of STRUCTURED ASSET INVESTMENT LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-BC7 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 2003-BC7 Trust, relating to the September 25, 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. STRUCTURED ASSET INVESTMENT LOAN TRUST Mortgage Pass-Through Certificates, Series 2003-BC7 Trust By: Wells Fargo Bank Minnesota, N.A., as Securities Administrator By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 9/26/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-BC7 Trust, relating to the September 25, 2003 distribution. EX-99.1

Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates Record Date: 78/31/03 Distribution Date: 89/25/03 SAIL Series: 2003-BC7 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 1A1 86358ECS3 SEN 1.~~23000~~24000% ~~261~~257,~~668~~951,~~000~~398.0045 ~~277~~275,~~150~~434.0277 35,~~716~~877,~~601~~155.5538 1A2 86358ECT1 SEN 1.91000% 194,269,000.00 309,211.49 0.00 2A 86358ECU8 SEN 1.84000% ~~205~~201,~~321~~312,~~000~~503.0082 ~~314~~308,~~825~~679.5317 45,~~008~~267,~~496~~620.1864 3A1 86358ECV6 SEN 1.~~23000~~24000% ~~110~~103,~~141~~495,~~000~~538.0025 ~~116~~110,~~657~~510.6824 63,~~645~~590,~~461~~306.7519 3A2 86358ECW4 SEN 2.12200% 84,900,000.00 150,131.50 0.00 AIO 86358ECX2 IO 6.00000% 0.00 1,662,225.00 0.00 M1 86358ECY0 MEZ 1.~~85000~~86000% 57,926,000.00 92,~~279~~778.3414 0.00 M2 86358ECZ7 MEZ 2.~~85000~~86000% 45,333,000.00 111,~~254~~645.7411 0.00 M3 86358EDA1 MEZ 3.~~25000~~26000% 12,593,000.00 35,~~242~~351.9135 0.00 M4 86358EDB9 MEZ 4.~~10000~~11000% 12,593,000.00 44,~~460~~568.2973 0.00 M5 86358EDC7 MEZ 4.~~10000~~11000% 7,556,000.00 26,~~676~~741.8894 0.00 B 86358EDD5 SEN 4.~~10000~~11000% 8,563,000.00 30,~~232~~305.1588 0.00 X SAI03BC7X SEN 0.00000% 6,547,363.15 2,~~675~~590,~~693~~838.9428 0.00 P SAI03BC7P SEN 0.00000% 100.00 96223,~~249~~609.5924 0.00 R1 SAI03B7R1 SEN 0.00000% 0.00 0.00 0.00 R2 SAI03B7R2 SEN 0.00000% 0.00 0.00 0.00 R3 SAI03B7R3 SEN 0.00000% 0.00 0.00 0.00 R4 SEN 0.00000% 0.00 0.00 0.00 Totals 1993,~~007~~039,~~410,463~~903.1567 5,~~942~~972,~~291~~030.0684 14,~~370~~735,~~559~~082.4821

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1A1 0.00 ~~257~~252,~~951~~074,~~398~~243.4507 36,~~993~~152,~~751~~590.5715 0.00 1A2 0.00 194,269,000.00 309,211.49 0.00 2A 0.00 ~~201~~196,~~312~~044,~~503~~883.8218 45,~~323~~576,~~321~~299.7181 0.00 3A1 0.00 ~~103~~99,~~495~~905,~~538~~232.2506 63,~~762~~700,~~119~~816.43 0.00 3A2 0.00 84,900,000.00 150,131.50 0.00 AIO 0.00 0.00 1,662,225.00 0.00 M1 0.00 57,926,000.00 92,~~279~~778.3414 0.00 M2 0.00 45,333,000.00 111,~~254~~645.7411 0.00 M3 0.00 12,593,000.00 35,~~242~~351.9135 0.00 M4 0.00 12,593,000.00 44,~~460~~568.2973 0.00 M5 0.00 7,556,000.00 26,~~676~~741.8894 0.00 B 0.00 8,563,000.00 30,~~232~~305.1588 0.00 X 0.00 6,547,363.15 2,~~675~~590,~~693~~838.9428 0.00 P 0.00 100.00 96223,~~249~~609.5924 0.00 R1 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 R4 0.00 0.00 0.00 0.00 Totals 0.00 ~~993~~978,~~039~~304,~~903~~821.6746 20,~~312~~707,~~850~~113.5405 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) 1A1 261,668,000.00 ~~261~~257,~~668~~951,~~000~~398.0045 0.00 35,~~716~~877,~~601~~155.5538 0.00 0.00 1A2 194,269,000.00 194,269,000.00 0.00 0.00 0.00 0.00 2A 205,321,000.00 ~~205~~201,~~321~~312,~~000~~503.0082 0.00 45,~~008~~267,~~496~~620.1864 0.00 0.00 3A1 110,141,000.00 ~~110~~103,~~141~~495,~~000~~538.0025 0.00 63,~~645~~590,~~461~~306.7519 0.00 0.00 3A2 84,900,000.00 84,900,000.00 0.00 0.00 0.00 0.00 AIO 0.00 0.00 0.00 0.00 0.00 0.00 M1 57,926,000.00 57,926,000.00 0.00 0.00 0.00 0.00 M2 45,333,000.00 45,333,000.00 0.00 0.00 0.00 0.00 M3 12,593,000.00 12,593,000.00 0.00 0.00 0.00 0.00 M4 12,593,000.00 12,593,000.00 0.00 0.00 0.00 0.00 M5 7,556,000.00 7,556,000.00 0.00 0.00 0.00 0.00 B 8,563,000.00 8,563,000.00 0.00 0.00 0.00 0.00 X 6,547,363.15 6,547,363.15 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R1 0.00 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 0.00 0.00 R4 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,007,410,463.15 1993,~~007~~039,~~410,463~~903.1567 0.00 14,~~370~~735,~~559~~082.4821 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 1A1 35,~~716~~877,~~601~~155.5538 ~~257~~252,~~951~~074,~~398~~243.4507 0.~~98579650~~96333615 35,~~716~~877,~~601~~155.5538 1A2 0.00 194,269,000.00 1.00000000 0.00 2A 45,~~008~~267,~~496~~620.1864 ~~201~~196,~~312~~044,~~503~~883.8218 0.~~98047693~~95482139 45,~~008~~267,~~496~~620.1864 3A1 63,~~645~~590,~~461~~306.7519 ~~103~~99,~~495~~905,~~538~~232.2506 0.~~93966405~~90706669 63,~~645~~590,~~461~~306.7519 3A2 0.00 84,900,000.00 1.00000000 0.00 AIO 0.00 0.00 0.00000000 0.00 M1 0.00 57,926,000.00 1.00000000 0.00 M2 0.00 45,333,000.00 1.00000000 0.00 M3 0.00 12,593,000.00 1.00000000 0.00 M4 0.00 12,593,000.00 1.00000000 0.00 M5 0.00 7,556,000.00 1.00000000 0.00 B 0.00 8,563,000.00 1.00000000 0.00 X 0.00 6,547,363.15 1.00000000 0.00 P 0.00 100.00 1.00000000 0.00 R1 0.00 0.00 0.00000000 0.00 R2 0.00 0.00 0.00000000 0.00 R3 0.00 0.00 0.00000000 0.00 R4 0.00 0.00 0.00000000 0.00 Totals 14,~~370~~735,~~559~~082.4821 ~~993~~978,~~039~~304,~~903~~821.6746 0.~~98573515~~97110846 14,~~370~~735,~~559~~082.4821

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1A1 261,668,000.00 ~~1000~~985.~~00000000~~79649957 0.00000000 1422.~~20350043~~46035197 0.00000000 1A2 194,269,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2A 205,321,000.00 ~~1000~~980.~~00000000~~47693037 0.00000000 1925.~~52306963~~65553762 0.00000000 3A1 110,141,000.00 ~~1000~~939.~~00000000~~66405108 0.00000000 6032.~~33594892~~59736329 0.00000000 3A2 84,900,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 57,926,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 45,333,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 12,593,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 12,593,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5 7,556,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 8,563,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 6,547,363.15 1000.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R4 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per 1,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1A1 0.00000000 1422.~~20350043~~46035197 ~~985~~963.~~79649957~~33614760 0.~~98579650~~96333615 1422.~~20350043~~46035197 1A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2A 0.00000000 1925.~~52306963~~65553762 ~~980~~954.~~47693037~~82139275 0.~~98047693~~95482139 1925.~~52306963~~65553762 3A1 0.00000000 6032.~~33594892~~59736329 ~~939~~907.~~66405108~~06668779 0.~~93966405~~90706669 6032.~~33594892~~59736329 3A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 1A1 261,668,000.00 1.~~23000~~24000% ~~261~~257,~~668~~951,~~000~~398.0045 ~~277~~275,~~150~~434.0277 0.00 0.00 1A2 194,269,000.00 1.91000% 194,269,000.00 309,211.49 0.00 0.00 2A 205,321,000.00 1.84000% ~~205~~201,~~321~~312,~~000~~503.0082 ~~314~~308,~~825~~679.5317 0.00 0.00 3A1 110,141,000.00 1.~~23000~~24000% ~~110~~103,~~141~~495,~~000~~538.0025 ~~116~~110,~~657~~510.6824 0.00 0.00 3A2 84,900,000.00 2.12200% 84,900,000.00 150,131.50 0.00 0.00 AIO 0.00 6.00000% 332,~~445~~444,~~000~~999.00 1,662,225.00 0.00 0.00 M1 57,926,000.00 1.~~85000~~86000% 57,926,000.00 92,~~279~~778.3414 0.00 0.00 M2 45,333,000.00 2.~~85000~~86000% 45,333,000.00 111,~~254~~645.7411 0.00 0.00 M3 12,593,000.00 3.~~25000~~26000% 12,593,000.00 35,~~242~~351.9135 0.00 0.00 M4 12,593,000.00 4.~~10000~~11000% 12,593,000.00 44,~~460~~568.2973 0.00 0.00 M5 7,556,000.00 4.~~10000~~11000% 7,556,000.00 26,~~676~~741.8894 0.00 0.00 B 8,563,000.00 4.~~10000~~11000% 8,563,000.00 30,~~232~~305.1588 0.00 0.00 X 6,547,363.15 0.00000% 6,547,363.15 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R1 0.00 0.00000% 0.00 0.00 0.00 0.00 R2 0.00 0.00000% 0.00 0.00 0.00 0.00 R3 0.00 0.00000% 0.00 0.00 0.00 0.00 R4 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,007,410,463.15 3,~~170~~157,~~347~~583.5332 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 1A1 0.00 0.00 ~~277~~275,~~150~~434.0277 0.00 ~~257~~252,~~951~~074,~~398~~243.4507 1A2 0.00 0.00 309,211.49 0.00 194,269,000.00 2A 0.00 0.00 ~~314~~308,~~825~~679.5317 0.00 ~~201~~196,~~312~~044,~~503~~883.8218 3A1 0.00 0.00 ~~116~~110,~~657~~510.6824 0.00 ~~103~~99,~~495~~905,~~538~~232.2506 3A2 0.00 0.00 150,131.50 0.00 84,900,000.00 AIO 0.00 0.00 1,662,225.00 0.00 332,~~445~~444,~~000~~999.00 M1 0.00 0.00 92,~~279~~778.3414 0.00 57,926,000.00 M2 0.00 0.00 111,~~254~~645.7411 0.00 45,333,000.00 M3 0.00 0.00 35,~~242~~351.9135 0.00 12,593,000.00 M4 0.00 0.00 44,~~460~~568.2973 0.00 12,593,000.00 M5 0.00 0.00 26,~~676~~741.8894 0.00 7,556,000.00 B 0.00 0.00 30,~~232~~305.1588 0.00 8,563,000.00 X 0.00 0.00 2,~~675~~590,~~693~~838.9428 0.00 6,547,363.15 P 0.00 0.00 96223,~~249~~609.5924 0.00 100.00 R1 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 0.00 R4 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 5,~~942~~972,~~291~~030.0684 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 1A1 261,668,000.00 1.~~23000~~24000% ~~1000~~985.~~00000000~~79649957 1.~~05916665~~05261159 0.00000000 0.00000000 1A2 194,269,000.00 1.91000% 1000.00000000 1.59166666 0.00000000 0.00000000 2A 205,321,000.00 1.84000% ~~1000~~980.~~00000000~~47693037 1.~~53333332~~50339795 0.00000000 0.00000000 3A1 110,141,000.00 1.~~23000~~24000% ~~1000~~939.~~00000000~~66405108 1.~~05916670~~00335243 0.00000000 0.00000000 3A2 84,900,000.00 2.12200% 1000.00000000 1.76833333 0.00000000 0.00000000 AIO 0.00 6.00000% ~~1000~~999.~~00000000~~99999699 5.00000000 0.00000000 0.00000000 M1 57,926,000.00 1.~~85000~~86000% 1000.00000000 1.~~59305562~~60166661 0.00000000 0.00000000 M2 45,333,000.00 2.~~85000~~86000% 1000.00000000 2.~~45416672~~46277789 0.00000000 0.00000000 M3 12,593,000.00 3.~~25000~~26000% 1000.00000000 2.~~79861113~~80722227 0.00000000 0.00000000 M4 12,593,000.00 4.~~10000~~11000% 1000.00000000 3.~~53055586~~53916700 0.00000000 0.00000000 M5 7,556,000.00 4.~~10000~~11000% 1000.00000000 3.~~53055585~~53916623 0.00000000 0.00000000 B 8,563,000.00 4.~~10000~~11000% 1000.00000000 3.~~53055588~~53916618 0.00000000 0.00000000 X 6,547,363.15 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R4 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All classes are per $1,000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1A1 0.00000000 0.00000000 1.~~05916665~~05261159 0.00000000 ~~985~~963.~~79649957~~33614760 1A2 0.00000000 0.00000000 1.59166666 0.00000000 1000.00000000 2A 0.00000000 0.00000000 1.~~53333332~~50339795 0.00000000 ~~980~~954.~~47693037~~82139275 3A1 0.00000000 0.00000000 1.~~05916670~~00335243 0.00000000 ~~939~~907.~~66405108~~06668779 3A2 0.00000000 0.00000000 1.76833333 0.00000000 1000.00000000 AIO 0.00000000 0.00000000 5.00000000 0.00000000 ~~1000~~999.~~00000000~~99999699 M1 0.00000000 0.00000000 1.~~59305562~~60166661 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.~~45416672~~46277789 0.00000000 1000.00000000 M3 0.00000000 0.00000000 2.~~79861113~~80722227 0.00000000 1000.00000000 M4 0.00000000 0.00000000 3.~~53055586~~53916700 0.00000000 1000.00000000 M5 0.00000000 0.00000000 3.~~53055585~~53916623 0.00000000 1000.00000000 B 0.00000000 0.00000000 3.~~53055588~~53916618 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~408~~395.~~66740987~~70712982 0.00000000 1000.00000000 P 0.00000000 0.00000000 ~~962495~~2236092.~~90000000~~40000000 0.00000000 1000.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 21,~~138~~522,~~485~~638.3246 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 21,~~138~~522,~~485~~638.3246 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~825~~815,~~634~~525.7841 Payment of Interest and Principal 20,~~312~~707,~~850~~113.5405 Total Withdrawals (Pool Distribution Amount) 21,~~138~~522,~~485~~638.3246 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~419~~413,~~754~~766.3762 Credit Risk Manager's Fee 12,~~592~~413.6300 PMI Insurance Premium Fee ~~388~~384,~~040~~173.9070 Wells Fargo Bank Minnesota, N.A. 5,~~246~~172.8809 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~825~~815,~~634~~525.7841

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 43 0 0 43 ~~324~~249,~~787~~084.6499 0.00 0.00 ~~324~~249,~~787~~084.6499 30 Days 4276 0 0 0 4276 512,~~024~~584,~~183~~827.4693 0.00 0.00 0.00 512,~~024~~584,~~183~~827.4693 60 Days 2025 0 0 0 2025 3,~~041~~842,~~640~~751.4971 0.00 0.00 0.00 3,~~041~~842,~~640~~751.4971 90 Days 015 0 0 0 015 02,530,183.0090 0.00 0.00 0.00 02,530,183.0090 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 62116 43 0 0 66119 818,~~065~~957,~~823~~763.9554 ~~324~~249,~~787~~084.6499 0.00 0.00 819,~~390~~206,~~611~~848.5953 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.~~059943~~045565% 0.000000% 0.000000% 0.~~059943~~045565% 0.~~032687~~025444% 0.000000% 0.000000% 0.~~032687~~025444% 30 Days 01.~~629402~~154313% 0.000000% 0.000000% 0.000000% 01.~~629402~~154313% 01.~~505634~~285552% 0.000000% 0.000000% 0.000000% 01.~~505634~~285552% 60 Days 0.~~299715~~379708% 0.000000% 0.000000% 0.000000% 0.~~299715~~379708% 0.~~306111~~392541% 0.000000% 0.000000% 0.000000% 0.~~306111~~392541% 90 Days 0.~~000000~~227825% 0.000000% 0.000000% 0.000000% 0.~~000000~~227825% 0.~~000000~~258461% 0.000000% 0.000000% 0.000000% 0.~~000000~~258461% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 01.~~929117~~761847% 0.~~059943~~045565% 0.000000% 0.000000% 01.~~989060~~807412% 01.~~811745~~936553% 0.~~032687~~025444% 0.000000% 0.000000% 01.~~844431~~961997%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1(A) 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 05 0 0 0 05 0371,505.0017 0.00 0.00 0.00 0371,505.0017 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 05 0 0 0 05 0371,505.0017 0.00 0.00 0.00 0371,505.0017 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~425894% 0.000000% 0.000000% 0.000000% 0.~~000000~~425894% 0.~~000000~~239563% 0.000000% 0.000000% 0.000000% 0.~~000000~~239563% 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~~425894% 0.000000% 0.000000% 0.000000% 0.~~000000~~425894% 0.~~000000~~239563% 0.000000% 0.000000% 0.000000% 0.~~000000~~239563% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1(B) 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 110 0 0 0 110 ~~192~~1,~~100~~732,599.0085 0.00 0.00 0.00 ~~192~~1,~~100~~732,599.0085 60 Days 01 0 0 0 01 0192,100.00 0.00 0.00 0.00 0192,100.00 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 111 0 0 0 111 ~~192~~1,~~100~~924,699.0085 0.00 0.00 0.00 ~~192~~1,~~100~~924,699.0085 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~039063~~394011% 0.000000% 0.000000% 0.000000% 0.~~039063~~394011% 0.~~051098~~465660% 0.000000% 0.000000% 0.000000% 0.~~051098~~465660% 60 Days 0.~~000000~~039401% 0.000000% 0.000000% 0.000000% 0.~~000000~~039401% 0.~~000000~~051629% 0.000000% 0.000000% 0.000000% 0.~~000000~~051629% 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.~~039063~~433412% 0.000000% 0.000000% 0.000000% 0.~~039063~~433412% 0.~~051098~~517289% 0.000000% 0.000000% 0.000000% 0.~~051098~~517289% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2(A) 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 10 0 0 10 ~~87,909~~0.3800 0.00 0.00 ~~87,909~~0.3800 30 Days 35 0 0 0 35 ~~143~~179,~~129~~964.2310 0.00 0.00 0.00 ~~143~~179,~~129~~964.2310 60 Days 02 0 0 0 02 051,191.0059 0.00 0.00 0.00 051,191.0059 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 37 10 0 0 47 ~~143~~231,~~129~~155.2369 ~~87,909~~0.3800 0.00 0.00 231,~~038~~155.6169 0-29 Days 0.~~306748~~000000% 0.000000% 0.000000% 0.~~306748~~000000% 0.~~247664~~000000% 0.000000% 0.000000% 0.~~247664~~000000% 30 Days 01.~~920245~~582278% 0.000000% 0.000000% 0.000000% 01.~~920245~~582278% 0.~~403233~~536648% 0.000000% 0.000000% 0.000000% 0.~~403233~~536648% 60 Days 0.~~000000~~632911% 0.000000% 0.000000% 0.000000% 0.~~000000~~632911% 0.~~000000~~152652% 0.000000% 0.000000% 0.000000% 0.~~000000~~152652% 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 02.~~920245~~215190% 0.~~306748~~000000% 0.000000% 0.000000% 12.~~226994~~215190% 0.~~403233~~689300% 0.~~247664~~000000% 0.000000% 0.000000% 0.~~650897~~689300% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2(B) 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 1 0 0 1 69,~~957~~922.9209 0.00 0.00 69,~~957~~922.9209 30 Days 1827 0 0 0 1827 24,~~337~~189,~~742~~792.9243 0.00 0.00 0.00 24,~~337~~189,~~742~~792.9243 60 Days 112 0 0 0 112 ~~183~~1,~~373~~717,042.1395 0.00 0.00 0.00 ~~183~~1,~~373~~717,042.1395 90 Days 01 0 0 0 01 0183,373.0013 0.00 0.00 0.00 0183,373.0013 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 1940 1 0 0 2041 26,~~521~~090,~~116~~208.0551 69,~~957~~922.9209 0.00 0.00 26,~~591~~160,~~073~~130.9760 0-29 Days 0.~~069832~~070822% 0.000000% 0.000000% 0.~~069832~~070822% 0.~~034604~~035159% 0.000000% 0.000000% 0.~~034604~~035159% 30 Days 1.~~256983~~912181% 0.000000% 0.000000% 0.000000% 1.~~256983~~912181% 12.~~156331~~106783% 0.000000% 0.000000% 0.000000% 12.~~156331~~106783% 60 Days 0.~~069832~~849858% 0.000000% 0.000000% 0.000000% 0.~~069832~~849858% 0.~~090703~~863393% 0.000000% 0.000000% 0.000000% 0.~~090703~~863393% 90 Days 0.~~000000~~070822% 0.000000% 0.000000% 0.000000% 0.~~000000~~070822% 0.~~000000~~092207% 0.000000% 0.000000% 0.000000% 0.~~000000~~092207% 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 12.~~326816~~832861% 0.~~069832~~070822% 0.000000% 0.000000% 12.~~396648~~903683% 13.~~247034~~062383% 0.~~034604~~035159% 0.000000% 0.000000% 13.~~281637~~097543% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3(A) 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 2 0 0 2 ~~166~~179,~~920~~162.3490 0.00 0.00 ~~166~~179,~~920~~162.3490 30 Days 1316 0 0 0 1316 ~~964~~1,~~815~~577,275.8498 0.00 0.00 0.00 ~~964~~1,~~815~~577,275.8498 60 Days 83 0 0 0 83 ~~670~~446,~~455~~060.7700 0.00 0.00 0.00 ~~670~~446,~~455~~060.7700 90 Days 06 0 0 0 06 0546,276.0015 0.00 0.00 0.00 0546,276.0015 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 2125 2 0 0 2327 12,~~635~~569,~~271~~612.6113 ~~166~~179,~~920~~162.3490 0.00 0.00 12,~~802~~748,~~191~~775.9503 0-29 Days 0.~~257732~~265252% 0.000000% 0.000000% 0.~~257732~~265252% 0.~~180989~~199791% 0.000000% 0.000000% 0.~~180989~~199791% 30 Days 12.~~675258~~122016% 0.000000% 0.000000% 0.000000% 12.~~675258~~122016% 1.~~046134~~758880% 0.000000% 0.000000% 0.000000% 1.~~046134~~758880% 60 Days 10.~~030928~~397878% 0.000000% 0.000000% 0.000000% 10.~~030928~~397878% 0.~~726964~~497418% 0.000000% 0.000000% 0.000000% 0.~~726964~~497418% 90 Days 0.~~000000~~795756% 0.000000% 0.000000% 0.000000% 0.~~000000~~795756% 0.~~000000~~609173% 0.000000% 0.000000% 0.000000% 0.~~000000~~609173% 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 23.~~706186~~315650% 0.~~257732~~265252% 0.000000% 0.000000% 23.~~963918~~580902% 12.~~773099~~865472% 0.~~180989~~199791% 0.000000% 0.000000% 13.~~954088~~065263% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3(B) 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 713 0 0 0 713 14,~~386~~533,~~395~~690.4740 0.00 0.00 0.00 14,~~386~~533,~~395~~690.4740 60 Days 117 0 0 0 117 21,~~187~~436,~~811~~357.5917 0.00 0.00 0.00 21,~~187~~436,~~811~~357.5917 90 Days 08 0 0 0 08 01,800,534.0062 0.00 0.00 0.00 01,800,534.0062 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 1828 0 0 0 1828 37,~~574~~770,~~207~~582.0619 0.00 0.00 0.00 37,~~574~~770,~~207~~582.0619 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 13.~~776650~~333333% 0.000000% 0.000000% 0.000000% 13.~~776650~~333333% 13.~~060474~~495209% 0.000000% 0.000000% 0.000000% 13.~~060474~~495209% 60 Days 21.~~791878~~794872% 0.000000% 0.000000% 0.000000% 21.~~791878~~794872% 1.~~673489~~107347% 0.000000% 0.000000% 0.000000% 1.~~673489~~107347% 90 Days 02.~~000000~~051282% 0.000000% 0.000000% 0.000000% 02.~~000000~~051282% 01.~~000000~~388106% 0.000000% 0.000000% 0.000000% 01.~~000000~~388106% 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 47.~~568528~~179487% 0.000000% 0.000000% 0.000000% 47.~~568528~~179487% 25.~~733964~~990663% 0.000000% 0.000000% 0.000000% 25.~~733964~~990663%

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.~~947120~~931943% Weighted Average Net Coupon 67.~~984896~~431943% Weighted Average Pass-Through Rate 6.~~978646~~961454% Weighted Average Maturity(Stepdown Calculation ) ~~348~~347 Beginning Scheduled Collateral Loan Count 6,~~751~~673 Number Of Loans Paid In Full 7889 Ending Scheduled Collateral Loan Count 6,~~673~~584 Beginning Scheduled Collateral Balance 1993,~~007~~039,~~410,563~~903.1567 Ending Scheduled Collateral Balance ~~993~~978,~~039~~304,~~903~~821.6746 Ending Actual Collateral Balance at 31-~~Jul~~Aug-2003 ~~993~~978,~~640~~943,~~432~~640.7679 Monthly P &I Constant 7,~~450~~340,~~299~~727.7300 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 ~~993~~978,~~039~~304,~~903~~821.6746 Scheduled Principal ~~778~~776,~~623~~780.4921 Unscheduled Principal 13,~~591~~958,~~935~~302.9900

Miscellaneous Reporting Monthly Excess Cashflows 2,~~675~~590,~~693~~855.9491 Overcollateralization Amount 6,547,463.15 Overcollateralization Deficiency 0.00 Aggregate Overcollateralization Release 0.00 Targeted Overcollateralization Amount 6,547,463.15 Cap Payment 0.00

Group Level Collateral Statement Group 1(A) 1(B) 2(A) Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 7.~~623168~~616251 7.~~773325~~770316 7.~~950887~~946090 Weighted Average Net Rate 7.~~157232~~116250 7.~~257549~~270317 7.~~550437~~446091 Weighted Average Maturity ~~350~~349 ~~350~~ 349 348 Beginning Loan Count 1,~~194~~185 2,~~578~~560 ~~329~~326 Loans Paid In Full 911 1822 310 Ending Loan Count 1,~~185~~174 2,~~560~~538 ~~326~~316 Beginning Scheduled Balance ~~158~~156,~~224~~955,~~888~~798.1788 ~~378~~375,~~171~~723,~~235~~723.3711 35,~~737~~476,~~507~~538.9885 Ending scheduled Balance ~~156~~154,~~955~~960,~~798~~371.8810 ~~375~~371,~~723~~841,~~723~~995.1151 3533,~~476~~515,~~538~~526.8521 Record Date 0708/31/2003 0708/31/2003 0708/31/2003 Principal And Interest Constant 1,~~163~~154,~~686~~624.6737 2,~~725~~709,~~924~~643.8919 ~~271~~269,~~304~~485.0008 Scheduled Principal 158,~~540~~445.9544 276,~~218~~733.2301 34,~~516~~568.59 Unscheduled Principal 1,~~110~~836,~~548~~982.34 23,~~171~~604,~~294~~994.0359 ~~226~~1,~~452~~926,444.5405 Scheduled Interest 1996,~~005,145~~178.7293 2,~~449~~432,~~706~~910.6618 ~~236~~234,~~787~~916.4149 Servicing Fees 65,~~927~~398.0028 ~~157~~156,~~571~~551.3752 14,~~890~~781.6388 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 46,~~632~~246.9440 ~~183~~181,~~036~~992.0750 7,~~193~~185.3613 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 ~~892~~884,~~585~~534.7825 2,~~109~~094,~~099~~366.2216 ~~214~~212,~~703~~949.4248 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 6.~~769497~~762676 6.~~692521~~689062 7.~~209347~~203052

Group Level Collateral Statement Group 2(B) 3(A) 3(B) Collateral Description Mixed ARM Mixed Fixed Mixed ARM Weighted Average Coupon Rate 8.~~341942~~315190 8.~~595939~~562834 7.~~746154~~734326 Weighted Average Net Rate 7.~~819386~~815190 8.~~281436~~062834 67.~~876088~~234326 Weighted Average Maturity ~~349~~348 ~~343~~342 ~~343~~342 Beginning Loan Count 1,~~452~~432 ~~798~~776 ~~400~~394 Loans Paid In Full 20 22 64 Ending Loan Count 1,~~432~~412 ~~776~~754 ~~394~~390 Beginning Scheduled Balance ~~205~~202,~~816~~069,~~579~~051.0398 9692,~~141~~171,~~046~~229.8532 ~~133~~130,~~319~~643,~~205~~561.7553 Ending scheduled Balance ~~202~~198,~~069~~762,~~051~~443.98 9289,~~171~~617,~~229~~867.3233 ~~130~~129,~~643~~606,~~561~~617.5333 Record Date 0708/31/2003 0708/31/2003 0708/31/2003 Principal And Interest Constant 1,~~568~~537,~~120~~971.3865 ~~762~~730,~~792~~125.4048 ~~958~~938,~~471~~877.3923 Scheduled Principal 137,~~362~~769.0544 7472,~~106~~419.8972 9796,~~878~~844.7801 Unscheduled Principal 3,~~610~~168,~~165~~838.0056 32,~~895~~480,~~710~~942.6427 2940,~~577,765~~100.4419 Scheduled Interest 1,~~430~~400,~~758~~202.3321 ~~688~~657,~~685~~705.5176 ~~860~~842,~~592~~033.6122 Servicing Fees 8584,~~756~~195.9245 4038,~~058~~404.7767 5554,~~549~~434.6882 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 9593,~~412~~374.5460 1615,~~393~~975.0846 44,~~619~~571.7970 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 1,~~249~~222,~~588~~632.8716 ~~632~~603,~~233~~325.6663 ~~760~~743,~~423~~026.1470 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.~~285645~~260679 7.~~891327~~854845 6.~~844534~~824922

Group Level Collateral Statement Group Total Collateral Description Mixed Fixed & Arm Weighted Average Coupon Rate 7.~~947120~~931943 Weighted Average Net Rate 67.~~984896~~431943 Weighted Average Maturity ~~348~~347.00 Record Date 0708/31/2003 Principal And Interest Constant 7,~~450~~340,~~299~~727.7300 Beginning Loan Count 6,~~751~~673 Loans Paid In Full 7889 Ending Loan Count 6,~~673~~584 Beginning Scheduled Balance 1993,~~007~~039,~~410,463~~903.1567 Ending Scheduled Balance ~~993~~978,~~039~~304,~~903~~821.6746 Scheduled Principal ~~778~~776,~~623~~780.4921 Unscheduled Principal 13,~~591~~958,~~935~~302.9900 Scheduled Interest 6,~~671~~563,~~676~~946.2479 Servicing Fee ~~419~~413,~~754~~766.3762 Master Servicing Fee 0.00 Trustee Fee 0.00 Fry Amount 0.00 Special Hazard Fee 0.00 Other Fee ~~393~~389,~~287~~345.7879 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 5,~~858~~760,~~634~~834.0938 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.00 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 6.~~978646~~961454

Filing Compare · STRUCTURED ASSET INV LOAN MORT PASS THRU CER SER 2003-BC7