8-K 1 opt03003.txt OCTOBER 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): October 27, 2003 OPTION ONE MORTGAGE LOAN TRUST Asset-Backed Certificates, Series 2003-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-101483-02 54-2105561 Pooling and Servicing Agreement) (Commission 54-2105563 (State or other File Number) 54-2110365 jurisdiction 54-2110366 of Incorporation) 54-2105562 IRS EIN c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 October 27, 2003 a distribution was made to holders of OPTION ONE MORTGAGE LOAN TRUST, Asset-Backed Certificates, Series 2003-3 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 Asset-Backed Certificates, Series 2003-3 Trust, relating to the October 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. OPTION ONE MORTGAGE LOAN TRUST Asset-Backed Certificates, Series 2003-3 Trust By: Wells Fargo Bank of Minnesota, N.A., as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 10/29/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset- Backed Certificates, Series 2003-3 Trust, relating to the October 27, 2003 distribution. EX-99.1

Option One Mortgage Loan Trust Asset-Backed Certificates Record Date: 89/3130/03 Distribution Date: 910/2527/03 OOMC Series: 2003-3 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1 68400XBH2 SEN 1.~~40000~~41000% ~~679~~667,~~499~~922,~~564~~033.2033 ~~819~~837,~~174~~128.4795 1112,~~577~~961,~~530~~332.8714 A-2 68400XBJ8 SEN 1.~~41000~~42000% ~~325~~319,~~680~~395,~~517~~863.3945 ~~395~~403,~~430~~148.4356 6,~~284~~267,~~653~~877.9470 A-3 68389FDP6 SEN 1.~~23000~~24000% 4847,~~639~~121,~~222~~721.0571 51,~~517~~938.0461 1,~~517~~513,~~500~~449.3453 A-4 68389FDQ4 SEN 1.~~58000~~59000% 30,000,000.00 4042,~~816~~400.6700 0.00 M-1 68400XBK5 MEZ 1.~~76000~~77000% 48,490,000.00 7376,~~489~~290.2993 0.00 M-1A 68389FDR2 MEZ 2.~~15000~~16000% 27,560,000.00 5152,~~024~~915.2820 0.00 M-2 68400XBL3 MEZ 2.~~71000~~72000% 35,100,000.00 8184,~~909~~864.7500 0.00 M-3 68400XBM1 MEZ 3.~~11000~~12000% 13,000,000.00 3436,~~814~~053.7233 0.00 M-4 68400XBN9 MEZ 3.~~71000~~72000% 16,250,000.00 5153,~~914~~733.2433 0.00 M-5 68400XBP4 MEZ 4.~~36000~~37000% 13,000,000.00 4850,~~807~~497.78 0.00 M-6 68400XBQ2 MEZ 4.~~61000~~62000% 13,000,000.00 5153,~~606~~386.3967 0.00 C OPT03003C OC 0.00000% 15,600,000.00 5,~~362~~180,~~162~~776.6728 0.00 P OPT03003P Pre_pay 0.00000% 100.00 ~~364~~509,~~869~~579.3032 0.00 R-1 OPT0303R1 RES 0.00000% 0.00 0.00 0.00 R OPT0303R2 RES 0.00000% 0.00 0.00 0.00 RX OPT0303R3 RES 0.00000% 0.00 0.00 0.00 R-4 OPT0303R4 RES 0.00000% 0.00 0.00 0.00 R-5 OPT0303R5 RES 0.00000% 0.00 0.00 0.00 Totals 1,~~265~~246,~~819~~439,~~403~~718.6449 7,~~427~~432,~~537~~712.0396 1920,~~379~~742,~~685~~659.1537

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~667~~654,~~922~~960,~~033~~701.3319 1213,~~396~~798,~~705~~461.3409 0.00 A-2 0.00 ~~319~~313,~~395~~127,~~863~~985.4575 6,~~680~~671,~~084~~026.3726 0.00 A-3 0.00 4745,~~121~~608,~~721~~272.7118 1,~~569~~565,~~017~~388.3814 0.00 A-4 0.00 30,000,000.00 4042,~~816~~400.6700 0.00 M-1 0.00 48,490,000.00 7376,~~489~~290.2993 0.00 M-1A 0.00 27,560,000.00 5152,~~024~~915.2820 0.00 M-2 0.00 35,100,000.00 8184,~~909~~864.7500 0.00 M-3 0.00 13,000,000.00 3436,~~814~~053.7233 0.00 M-4 0.00 16,250,000.00 5153,~~914~~733.2433 0.00 M-5 0.00 13,000,000.00 4850,~~807~~497.78 0.00 M-6 0.00 13,000,000.00 5153,~~606~~386.3967 0.00 C 0.00 15,600,000.00 5,~~362~~180,~~162~~776.6728 0.00 P 0.00 100.00 ~~364~~509,~~869~~579.3032 0.00 R-1 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 RX 0.00 0.00 0.00 0.00 R-4 0.00 0.00 0.00 0.00 R-5 0.00 0.00 0.00 0.00 Totals 0.00 1,~~246~~225,~~439~~697,~~718~~059.4912 2628,~~807~~175,~~222~~372.1833 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 700,000,000.00 ~~679~~667,~~499~~922,~~564~~033.2033 0.00 1112,~~577~~961,~~530~~332.8714 0.00 0.00 A-2 336,700,000.00 ~~325~~319,~~680~~395,~~517~~863.3945 0.00 6,~~284~~267,~~653~~877.9470 0.00 0.00 A-3 51,300,000.00 4847,~~639~~121,~~222~~721.0571 0.00 1,~~517~~513,~~500~~449.3453 0.00 0.00 A-4 30,000,000.00 30,000,000.00 0.00 0.00 0.00 0.00 M-1 48,490,000.00 48,490,000.00 0.00 0.00 0.00 0.00 M-1A 27,560,000.00 27,560,000.00 0.00 0.00 0.00 0.00 M-2 35,100,000.00 35,100,000.00 0.00 0.00 0.00 0.00 M-3 13,000,000.00 13,000,000.00 0.00 0.00 0.00 0.00 M-4 16,250,000.00 16,250,000.00 0.00 0.00 0.00 0.00 M-5 13,000,000.00 13,000,000.00 0.00 0.00 0.00 0.00 M-6 13,000,000.00 13,000,000.00 0.00 0.00 0.00 0.00 C 15,599,900.00 15,600,000.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 RX 0.00 0.00 0.00 0.00 0.00 0.00 R-4 0.00 0.00 0.00 0.00 0.00 0.00 R-5 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,300,000,000.00 1,~~265~~246,~~819~~439,~~403~~718.6449 0.00 1920,~~379~~742,~~685~~659.1537 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1 1112,~~577~~961,~~530~~332.8714 ~~667~~654,~~922~~960,~~033~~701.3319 0.~~95417433~~93565814 1112,~~577~~961,~~530~~332.8714 A-2 6,~~284~~267,~~653~~877.9470 ~~319~~313,~~395~~127,~~863~~985.4575 0.~~94860666~~92999105 6,~~284~~267,~~653~~877.9470 A-3 1,~~517~~513,~~500~~449.3453 4745,~~121~~608,~~721~~272.7118 0.~~91855208~~88905014 1,~~517~~513,~~500~~449.3453 A-4 0.00 30,000,000.00 1.00000000 0.00 M-1 0.00 48,490,000.00 1.00000000 0.00 M-1A 0.00 27,560,000.00 1.00000000 0.00 M-2 0.00 35,100,000.00 1.00000000 0.00 M-3 0.00 13,000,000.00 1.00000000 0.00 M-4 0.00 16,250,000.00 1.00000000 0.00 M-5 0.00 13,000,000.00 1.00000000 0.00 M-6 0.00 13,000,000.00 1.00000000 0.00 C 0.00 15,600,000.00 1.00000641 0.00 P 0.00 100.00 1.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 RX 0.00 0.00 0.00000000 0.00 R-4 0.00 0.00 0.00000000 0.00 R-5 0.00 0.00 0.00000000 0.00 Totals 1920,~~379~~742,~~685~~659.1537 1,~~246~~225,~~439~~697,~~718~~059.4912 0.~~95879978~~94284389 1920,~~379~~742,~~685~~659.1537

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 700,000,000.00 ~~970~~954.~~71366314~~17433333 0.00000000 1618.~~53932981~~51618877 0.00000000 A-2 336,700,000.00 ~~967~~948.~~27210392~~60666305 0.00000000 18.~~66544087~~61561538 0.00000000 A-3 51,300,000.00 ~~948~~918.~~13298343~~55208012 0.00000000 29.~~58090331~~50194016 0.00000000 A-4 30,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 48,490,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1A 27,560,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 35,100,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 13,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 16,250,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 13,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 13,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 15,599,900.00 1000.00641030 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 RX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-4 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-5 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 A-1 0.00000000 1618.~~53932981~~51618877 ~~954~~935.~~17433333~~65814456 0.~~95417433~~93565814 1618.~~53932981~~51618877 A-2 0.00000000 18.~~66544087~~61561538 ~~948~~929.~~60666305~~99104767 0.~~94860666~~92999105 18.~~66544087~~61561538 A-3 0.00000000 29.~~58090331~~50194016 ~~918~~889.~~55208012~~05013996 0.~~91855208~~88905014 29.~~58090331~~50194016 A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-1A 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.00641030 1.00000641 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 RX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, ~~Bankrupcy~~Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-1 700,000,000.00 1.~~40000~~41000% ~~679~~667,~~499~~922,~~564~~033.2033 ~~819~~837,~~174~~128.4795 0.00 0.00 A-2 336,700,000.00 1.~~41000~~42000% ~~325~~319,~~680~~395,~~517~~863.3945 ~~395~~403,~~430~~148.4356 0.00 0.00 A-3 51,300,000.00 1.~~23000~~24000% 4847,~~639~~121,~~222~~721.0571 51,~~517~~938.0461 0.00 0.00 A-4 30,000,000.00 1.~~58000~~59000% 30,000,000.00 4042,~~816~~400.6700 0.00 0.00 M-1 48,490,000.00 1.~~76000~~77000% 48,490,000.00 7376,~~489~~290.2993 0.00 0.00 M-1A 27,560,000.00 2.~~15000~~16000% 27,560,000.00 5152,~~024~~915.2820 0.00 0.00 M-2 35,100,000.00 2.~~71000~~72000% 35,100,000.00 8184,~~909~~864.7500 0.00 0.00 M-3 13,000,000.00 3.~~11000~~12000% 13,000,000.00 3436,~~814~~053.7233 0.00 0.00 M-4 16,250,000.00 3.~~71000~~72000% 16,250,000.00 5153,~~914~~733.2433 0.00 0.00 M-5 13,000,000.00 4.~~36000~~37000% 13,000,000.00 4850,~~807~~497.78 0.00 0.00 M-6 13,000,000.00 4.~~61000~~62000% 13,000,000.00 5153,~~606~~386.3967 0.00 0.00 C 15,599,900.00 0.00000% 15,600,000.00 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 RX 0.00 0.00000% 0.00 0.00 0.00 0.00 R-4 0.00 0.00000% 0.00 0.00 0.00 0.00 R-5 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,300,000,000.00 1,~~700~~742,~~505~~357.0636 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1 0.00 0.00 ~~819~~837,~~174~~128.4795 0.00 ~~667~~654,~~922~~960,~~033~~701.3319 A-2 0.00 0.00 ~~395~~403,~~430~~148.4356 0.00 ~~319~~313,~~395~~127,~~863~~985.4575 A-3 0.00 0.00 51,~~517~~938.0461 0.00 4745,~~121~~608,~~721~~272.7118 A-4 0.00 0.00 4042,~~816~~400.6700 0.00 30,000,000.00 M-1 0.00 0.00 7376,~~489~~290.2993 0.00 48,490,000.00 M-1A 0.00 0.00 5152,~~024~~915.2820 0.00 27,560,000.00 M-2 0.00 0.00 8184,~~909~~864.7500 0.00 35,100,000.00 M-3 0.00 0.00 3436,~~814~~053.7233 0.00 13,000,000.00 M-4 0.00 0.00 5153,~~914~~733.2433 0.00 16,250,000.00 M-5 0.00 0.00 4850,~~807~~497.78 0.00 13,000,000.00 M-6 0.00 0.00 5153,~~606~~386.3967 0.00 13,000,000.00 C 0.00 0.00 5,~~362~~180,~~162~~776.6728 0.00 15,600,000.00 P 0.00 0.00 ~~364~~509,~~869~~579.3032 0.00 100.00 R-1 0.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 RX 0.00 0.00 0.00 0.00 0.00 R-4 0.00 0.00 0.00 0.00 0.00 R-5 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 7,~~427~~432,~~537~~712.0396 0.00 (4) Amount Does Not Include Excess Special Hazard, ~~Bankrupcy~~Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-1 700,000,000.00 1.~~40000~~41000% ~~970~~954.~~71366314~~17433333 1.~~17024924~~19589850 0.00000000 0.00000000 A-2 336,700,000.00 1.~~41000~~42000% ~~967~~948.~~27210392~~60666305 1.~~17442955~~19735242 0.00000000 0.00000000 A-3 51,300,000.00 1.~~23000~~24000% ~~948~~918.~~13298343~~55208012 1.~~00423080~~01244854 0.00000000 0.00000000 A-4 30,000,000.00 1.~~58000~~59000% 1000.00000000 1.~~36055567~~41333333 0.00000000 0.00000000 M-1 48,490,000.00 1.~~76000~~77000% 1000.00000000 1.~~51555558~~57333326 0.00000000 0.00000000 M-1A 27,560,000.00 2.~~15000~~16000% 1000.00000000 1.~~85138897~~92000000 0.00000000 0.00000000 M-2 35,100,000.00 2.~~71000~~72000% 1000.00000000 2.~~33361111~~41777778 0.00000000 0.00000000 M-3 13,000,000.00 3.~~11000~~12000% 1000.00000000 2.~~67805538~~77333308 0.00000000 0.00000000 M-4 16,250,000.00 3.~~71000~~72000% 1000.00000000 3.~~19472246~~30666646 0.00000000 0.00000000 M-5 13,000,000.00 4.~~36000~~37000% 1000.00000000 3.~~75444462~~88444462 0.00000000 0.00000000 M-6 13,000,000.00 4.~~61000~~62000% 1000.00000000 34.~~96972231~~10666692 0.00000000 0.00000000 C 15,599,900.00 0.00000% 1000.00641030 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 RX 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-4 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-5 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 A-1 0.00000000 0.00000000 1.~~17024924~~19589850 0.00000000 ~~954~~935.~~17433333~~65814456 A-2 0.00000000 0.00000000 1.~~17442955~~19735242 0.00000000 ~~948~~929.~~60666305~~99104767 A-3 0.00000000 0.00000000 1.~~00423080~~01244854 0.00000000 ~~918~~889.~~55208012~~05013996 A-4 0.00000000 0.00000000 1.~~36055567~~41333333 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 1.~~51555558~~57333326 0.00000000 1000.00000000 M-1A 0.00000000 0.00000000 1.~~85138897~~92000000 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.~~33361111~~41777778 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 2.~~67805538~~77333308 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.~~19472246~~30666646 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 3.~~75444462~~88444462 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 34.~~96972231~~10666692 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~343~~332.~~73057968~~10317246 0.00000000 1000.00641030 P 0.00000000 0.00000000 ~~3648693~~5095793.~~00000000~~20000000 0.00000000 1000.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 RX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, ~~Bankrupcy~~Bankruptcy,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 2728,~~544~~782,~~099~~569.3888 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(30,083.0091) Prepayment Penalties ~~364~~509,~~869~~579.3032 Total Deposits 2729,~~908~~262,~~968~~065.6829 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 1,~~101~~086,~~746~~692.5096 Payment of Interest and Principal 2628,~~807~~175,~~222~~372.1833 Total Withdrawals (Pool Distribution Amount) 2729,~~908~~262,~~968~~065.6829 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~316~~311,~~455~~609.1497 MGIC PMI Policy Fee ~~782~~771,~~126~~966.1822 Wells Fargo 3,~~165~~116.1877 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 1,~~101~~086,~~746~~692.5096

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund ~~999~~1,000.9800 0.00 0.00 1,000.00

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 913 0 0 913 12,~~879~~144,~~706~~263.9760 0.00 0.00 12,~~879~~144,~~706~~263.9760 30 Days ~~118~~106 32 12 0 ~~122~~110 1816,~~795~~588,~~753~~406.2243 ~~251~~341,~~429~~585.6724 ~~186~~561,~~990~~695.8165 0.00 1917,~~234~~491,~~173~~687.7032 60 Days 725 13 3642 0 4470 14,~~189~~354,~~143~~235.9366 ~~152~~368,~~883~~200.2204 56,~~296~~909,~~318~~098.2907 0.00 611,~~638~~631,~~345~~533.4477 90 Days 2 811 3767 01 4781 433,~~340~~120.3928 12,~~537~~195,~~346~~418.4399 49,~~748~~006,~~657~~868.3290 0109,957.0005 611,~~719~~745,~~344~~365.1422 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 ~~127~~133 2129 74111 01 ~~222~~274 2021,~~418~~375,~~237~~762.5437 35,~~821~~049,~~366~~467.2987 1016,~~231~~477,~~966~~662.4262 0109,957.0005 3443,~~471~~012,~~570~~849.2591 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.~~114112~~167267% 0.000000% 0.000000% 0.~~114112~~167267% 0.~~150765~~174887% 0.000000% 0.000000% 0.~~150765~~174887% 30 Days 1.~~496133~~363870% 0.~~038037~~025733% 0.~~012679~~025733% 0.000000% 1.~~546849~~415337% 1.~~507544~~352954% 0.~~020166~~027860% 0.~~014998~~045812% 0.000000% 1.~~542708~~426626% 60 Days 0.~~088754~~321668% 0.~~012679~~038600% 0.~~456447~~540401% 0.000000% 0.~~557880~~900669% 0.~~095377~~355132% 0.~~012262~~030030% 0.~~424800~~563508% 0.000000% 0.~~532439~~948670% 90 Days 0.~~025358~~025733% 0.~~101433~~141534% 0.~~469126~~862069% 0.~~000000~~012867% 01.~~595917~~042203% 0.~~034757~~035325% 0.~~123305~~179059% 0.~~380874~~734602% 0.~~000000~~008968% 0.~~538936~~957955% 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 1.~~610245~~711271% 0.~~266261~~373134% 01.~~938253~~428204% 0.~~000000~~012867% 23.~~814758~~525476% 1.~~637678~~743412% 0.~~306499~~411836% 01.~~820672~~343922% 0.~~000000~~008968% 23.~~764849~~508138%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~497~~533,~~132~~762.8469 Class A-2 263,300,000.00 20.25384615% ~~259~~257,~~121~~608,~~821~~372.7118 2021.~~78895737~~01729545% 25.~~624654~~546931% 0.000000% Class A-3 212,000,000.00 16.30769231% 212,000,100.00 17.~~00845190~~29628854% 3.~~780505~~721007% 0.000000% Class A-4 182,000,000.00 14.00000000% 182,000,100.00 14.~~60159664~~84870170% 2.~~406855~~447587% 0.000000% Class M-1 133,510,000.00 10.27000000% 133,510,100.00 10.~~71131624~~89258549% 3.~~890280~~956116% 0.000000% Class M-1A 105,950,000.00 8.15000000% 105,950,100.00 8.~~50021854~~64406904% 2.~~211098~~248516% 0.000000% Class M-2 70,850,000.00 5.45000000% 70,850,100.00 5.~~68419788~~78039243% 2.~~816021~~863677% 0.000000% Class M-3 57,850,000.00 4.45000000% 57,850,100.00 4.~~64122726~~71977146% 1.~~042971~~060621% 0.000000% Class M-4 41,600,000.00 3.20000000% 41,600,100.00 3.~~33751399~~39399525% 1.~~303713~~325776% 0.000000% Class R-I 15,600,000.00 1.20000000% 15,600,100.00 1.~~25157276~~27275332% 0.000000% 0.000000% Class R-II 15,600,000.00 1.20000000% 15,600,100.00 1.~~25157276~~27275332% 0.000000% 0.000000% Class R-III 15,600,000.00 1.20000000% 15,600,100.00 1.~~25157276~~27275332% 0.000000% 0.000000% Class C 100.00 0.00000769% 100.00 0.~~00000802~~00000816% 1.~~251565~~272745% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.~~743187~~740360% Weighted Average Net Coupon 7.~~443187~~440360% Weighted Average Pass-Through Rate 6.~~698728~~694155% Weighted Average Maturity(Stepdown Calculation ) ~~348~~347 Beginning Scheduled Collateral Loan Count 7,~~995~~887 Number Of Loans Paid In Full ~~108~~115 Ending Scheduled Collateral Loan Count 7,~~887~~772 Beginning Scheduled Collateral Balance 1,~~265~~246,~~819~~439,~~403~~718.6449 Ending Scheduled Collateral Balance 1,~~246~~225,~~439~~697,~~718~~059.4912 Ending Actual Collateral Balance at 3130-~~Aug~~Sep-2003 1,~~246~~226,~~779~~087,~~590~~886.7893 Monthly P &I Constant 9,~~175~~040,~~278~~273.9268 Special Servicing Fee 0.00 Prepayment Penalties ~~364~~509,~~869~~579.3032 Realized Loss Amount 030,083.0091 Cumulative Realized Loss 030,083.0091 Ending Scheduled Balance for Premium Loans 1,~~246~~225,~~439~~697,~~718~~059.4912 Scheduled Principal 1,~~007~~000,~~382~~363.0156 Unscheduled Principal 1819,~~372~~742,~~303~~295.1481

Trigger Event Not Triggered In Effect Since N/A Comments N/A Stepdown Date Do Not Step Down In Effect Since N/A Comments N/A Unscheduled Principal-Voluntary 1819,~~372~~682,~~303~~661.1481 Unscheduled Principal-Involuntary 059,634.00 Credit Enhancement Percentage 14.~~37803841~~60158861% Other Income ~~(3,483~~0.~~25)~~00

Miscellaneous Reporting General Excess Available Amt 5,~~362~~210,~~162~~860.6719 Extra Principal Distribution Amt 030,083.0091 Overcollateralization Amt 15,600,000.00 Excess Overcollateralized Amt 0.00 Overcollateralization Deficit Amt 030,083.0091 Overcollateralization Increase Amt 0.00 Overcollateralization Release Amt 0.00 Specified Overcollateralization Amt 15,600,000.00

Group Level Collateral Statement Group Group 1 Group 1 Group 3 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 7.~~431356~~423991 7.~~868437~~866089 7.~~590347~~587012 Weighted Average Net Rate 7.~~131356~~123991 7.~~568437~~566090 7.~~290347~~287013 Weighted Average Maturity ~~349~~348 ~~349~~348 ~~347~~346 Beginning Loan Count 1,~~632~~610 3,~~705~~654 ~~906~~893 Loans Paid In Full 2217 5158 133 Ending Loan Count 1,~~610~~593 3,~~654~~596 ~~893~~890 Beginning Scheduled Balance ~~238~~235,~~733~~458,~~133~~134.8820 ~~554~~546,~~720~~417,~~003~~472.5435 ~~151~~149,~~593~~477,~~467~~987.7683 Ending scheduled Balance ~~235~~232,~~458~~798,~~134~~281.2096 ~~546~~536,~~417~~134,~~472~~790.3579 ~~149~~148,~~477~~996,~~987~~052.8379 Record Date 0809/3130/2003 0809/3130/2003 0809/3130/2003 Principal And Interest Constant 1,~~708~~686,~~226~~366.2755 43,~~036~~977,~~933~~016.75 1,~~103~~090,~~531~~519.3318 Scheduled Principal 229,~~800~~667.4528 ~~399~~395,~~617~~209.4048 ~~144~~145,~~658~~443.8515 Unscheduled Principal 32,~~045~~430,~~199~~184.2396 79,~~902~~887,~~913~~472.7908 1336,~~970,821~~491.0889 Scheduled Interest 1,~~478~~456,~~425~~699.8227 3,~~637~~581,~~316~~807.3527 ~~958~~945,~~872~~076.4803 Servicing Fees 5958,~~683~~864.3363 ~~138~~136,~~680~~604.1435 37,~~898~~369.3539 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee ~~596~~588.8069 1,~~387~~366.1338 ~~379~~373.1079 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee ~~178~~176,~~386~~118.8091 ~~342~~337,~~561~~613.8597 9897,~~266~~145.1820 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,~~418~~397,~~742~~834.4964 3,~~498~~445,~~636~~202.2192 ~~920~~907,~~974~~706.1364 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.~~231689~~223410 6.~~824388~~821647 6.~~509480~~504136

Group Level Collateral Statement Group Group 4 Total Collateral Description Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 7.~~830897~~831488 7.~~743187~~740360 Weighted Average Net Rate 7.~~530897~~531487 7.~~443187~~440360 Weighted Average Maturity 346 347 ~~348~~ Beginning Loan Count 1,~~752~~730 7,~~995~~887 Loans Paid In Full 2237 ~~108~~115 Ending Loan Count 1,~~730~~693 7,~~887~~772 Beginning Scheduled Balance ~~320~~315,~~772~~086,~~798~~124.4611 1,~~265~~246,~~819~~439,~~403~~718.6449 Ending scheduled Balance ~~315~~307,~~086~~767,~~124~~933.1158 1,~~246~~225,~~439~~697,~~718~~059.4912 Record Date 0809/3130/2003 0809/3130/2003 Principal And Interest Constant 2,~~326~~286,~~587~~371.5720 9,~~175~~040,~~278~~273.9268 Scheduled Principal ~~233~~230,~~305~~043.3165 1,~~007~~000,~~382~~363.0156 Unscheduled Principal 57,~~453~~088,~~369~~146.0488 1819,~~372~~742,~~303~~295.1481 Scheduled Interest 2,~~093~~056,~~282~~327.2655 8,~~167~~039,~~896~~910.9112 Servicing Fees 8078,~~193~~771.3260 ~~316~~311,~~455~~609.1497 Master Servicing Fees 0.00 0.00 Trustee Fee ~~802~~787.1591 3,~~165~~116.1877 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee ~~162~~161,~~911~~088.3514 ~~782~~771,~~126~~966.1822 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 21,~~013~~977,~~088~~555.9495 7,~~851~~728,~~441~~300.7715 Realized Loss Amount 030,083.0091 030,083.0091 Cumulative Realized Loss 030,083.0091 030,083.0091 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.~~918451~~914985 6.~~698728~~694155

Filing Compare · OPTION ONE MORTGAGE ACCEP CORP AST BACK CERTS SER 2003-3