8-K 1 opt03005.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 2003-5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-104020-02 54-2120464 Pooling and Servicing Agreement) (Commission 54-2120465 (State or other File Number) 54-2120463 jurisdiction IRS EIN of Incorporation) 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 2003-5 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 2003-5 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 2003-5 Trust By: Wells Fargo Bank 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 2003-5 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: 2003-5 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 68400XBR0 SEN 1.~~43000~~44000% ~~345~~343,~~090~~298,~~213~~258.0598 ~~424~~439,~~940~~421.2577 13,~~791~~564,~~954~~324.06 A-2 68400XBS8 SEN 1.~~43000~~44000% ~~275~~274,~~553~~600,~~067~~101.5173 ~~339~~351,~~312~~488.9913 ~~952~~3,~~965~~496,269.7854 A-3 68400XBT6 SEN 1.~~56000~~57000% 15,~~936~~853,~~155~~404.9307 2122,~~407~~124.5731 82164,~~751~~599.8735 M-1 68400XBU3 MEZ 1.~~76000~~77000% 39,375,000.00 5961,~~675~~950.00 0.00 M-2 68400XBV1 MEZ 2.~~66000~~67000% 31,875,000.00 7375,~~011~~650.4600 0.00 M-3 68400XBW9 MEZ 3.~~11000~~12000% 7,500,000.00 20,~~085~~800.4200 0.00 M-4 68400XBX7 MEZ 4.~~01000~~02000% 9,375,000.00 3233,~~372~~500.4000 0.00 M-5 68400XBY5 MEZ 4.~~71000~~72000% 7,500,000.00 3031,~~418~~466.7567 0.00 M-6 68400XBZ2 MEZ 4.~~61000~~62000% 8,250,000.00 3233,~~750~~880.2100 0.00 P OPT03005P Pre_Pay 0.00000% 100.00 3898,~~009~~549.0664 0.00 C OPT03005C OC 0.00000% 8,624,992.09 3,~~212~~159,~~723~~462.6141 0.00 R-1 OPT0305R1 RES 0.00000% 0.00 0.00 0.00 R-2 OPT0305R2 RES 0.00000% 0.00 0.00 0.00 R-3 OPT0305R3 RES 0.00000% 0.00 0.00 0.00 Totals ~~749~~746,~~079~~251,~~528~~856.5887 4,~~284~~328,~~706~~292.7293 27,~~827~~225,~~671~~192.7195

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~343~~339,~~298~~733,~~258~~934.9892 24,~~216~~003,~~894~~745.3183 0.00 A-2 0.00 ~~274~~271,~~600~~103,~~101~~832.7319 13,~~292~~847,~~278~~757.7767 0.00 A-3 0.00 15,~~853~~688,~~404~~804.0772 ~~104~~186,~~159~~723.4466 0.00 M-1 0.00 39,375,000.00 5961,~~675~~950.00 0.00 M-2 0.00 31,875,000.00 7375,~~011~~650.4600 0.00 M-3 0.00 7,500,000.00 20,~~085~~800.4200 0.00 M-4 0.00 9,375,000.00 3233,~~372~~500.4000 0.00 M-5 0.00 7,500,000.00 3031,~~418~~466.7567 0.00 M-6 0.00 8,250,000.00 3233,~~750~~880.2100 0.00 P 0.00 100.00 3898,~~009~~549.0664 0.00 C 0.00 8,624,992.09 3,~~212~~159,~~723~~462.6141 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 Totals 0.00 ~~746~~739,~~251~~026,~~856~~663.8792 711,~~112~~553,~~378~~485.4388 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-1 345,390,000.00 ~~345~~343,~~090~~298,~~213~~258.0598 0.00 13,~~791~~564,~~954~~324.06 0.00 0.00 A-2 276,160,000.00 ~~275~~274,~~553~~600,~~067~~101.5173 0.00 ~~952~~3,~~965~~496,269.7854 0.00 0.00 A-3 15,950,000.00 15,~~936~~853,~~155~~404.9307 0.00 82164,~~751~~599.8735 0.00 0.00 M-1 39,375,000.00 39,375,000.00 0.00 0.00 0.00 0.00 M-2 31,875,000.00 31,875,000.00 0.00 0.00 0.00 0.00 M-3 7,500,000.00 7,500,000.00 0.00 0.00 0.00 0.00 M-4 9,375,000.00 9,375,000.00 0.00 0.00 0.00 0.00 M-5 7,500,000.00 7,500,000.00 0.00 0.00 0.00 0.00 M-6 8,250,000.00 8,250,000.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 C 8,624,992.09 8,624,992.09 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 0.00 Totals 750,000,092.09 ~~749~~746,~~079~~251,~~528~~856.5887 0.00 27,~~827~~225,~~671~~192.7195 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 13,~~791~~564,~~954~~324.06 ~~343~~339,~~298~~733,~~258~~934.9892 0.~~99394383~~98362412 13,~~791~~564,~~954~~324.06 A-2 ~~952~~3,~~965~~496,269.7854 ~~274~~271,~~600~~103,~~101~~832.7319 0.~~99435147~~98169117 ~~952~~3,~~965~~496,269.7854 A-3 82164,~~751~~599.8735 15,~~853~~688,~~404~~804.0772 0.~~99394383~~98362412 82164,~~751~~599.8735 M-1 0.00 39,375,000.00 1.00000000 0.00 M-2 0.00 31,875,000.00 1.00000000 0.00 M-3 0.00 7,500,000.00 1.00000000 0.00 M-4 0.00 9,375,000.00 1.00000000 0.00 M-5 0.00 7,500,000.00 1.00000000 0.00 M-6 0.00 8,250,000.00 1.00000000 0.00 P 0.00 100.00 1.00000000 0.00 C 0.00 8,624,992.09 1.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 R-3 0.00 0.00 0.00000000 0.00 Totals 27,~~827~~225,~~671~~192.7195 ~~746~~739,~~251~~026,~~856~~663.8792 0.~~99500235~~98536876 27,~~827~~225,~~671~~192.7195

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 345,390,000.00 ~~999~~993.~~13203350~~94382866 0.00000000 510.~~18820481~~31970833 0.00000000 A-2 276,160,000.00 ~~997~~994.~~80224330~~35146918 0.00000000 312.~~45077412~~66030395 0.00000000 A-3 15,950,000.00 ~~999~~993.~~13203323~~94382884 0.00000000 510.~~18820502~~31970846 0.00000000 M-1 39,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 31,875,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 7,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 9,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 7,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 8,250,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 8,624,992.09 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-3 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 510.~~18820481~~31970833 ~~993~~983.~~94382866~~62412033 0.~~99394383~~98362412 510.~~18820481~~31970833 A-2 0.00000000 312.~~45077412~~66030395 ~~994~~981.~~35146918~~69116523 0.~~99435147~~98169117 312.~~45077412~~66030395 A-3 0.00000000 510.~~18820502~~31970846 ~~993~~983.~~94382884~~62412038 0.~~99394383~~98362412 510.~~18820502~~31970846 M-1 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 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 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-3 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-1 345,390,000.00 1.~~43000~~44000% ~~345~~343,~~090~~298,~~213~~258.0598 ~~424~~439,~~940~~421.2577 0.00 0.00 A-2 276,160,000.00 1.~~43000~~44000% ~~275~~274,~~553~~600,~~067~~101.5173 ~~339~~351,~~312~~488.9913 0.00 0.00 A-3 15,950,000.00 1.~~56000~~57000% 15,~~936~~853,~~155~~404.9307 2122,~~407~~124.5731 0.00 0.00 M-1 39,375,000.00 1.~~76000~~77000% 39,375,000.00 5961,~~675~~950.00 0.00 0.00 M-2 31,875,000.00 2.~~66000~~67000% 31,875,000.00 7375,~~011~~650.4600 0.00 0.00 M-3 7,500,000.00 3.~~11000~~12000% 7,500,000.00 20,~~085~~800.4200 0.00 0.00 M-4 9,375,000.00 4.~~01000~~02000% 9,375,000.00 3233,~~372~~500.4000 0.00 0.00 M-5 7,500,000.00 4.~~71000~~72000% 7,500,000.00 3031,~~418~~466.7567 0.00 0.00 M-6 8,250,000.00 4.~~61000~~62000% 8,250,000.00 3233,~~750~~880.2100 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 C 8,624,992.09 0.00000% 8,624,992.09 0.00 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 R-2 0.00 0.00000% 0.00 0.00 0.00 0.00 R-3 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 750,000,092.09 1,~~033~~070,~~974~~280.0588 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 ~~424~~439,~~940~~421.2577 0.00 ~~343~~339,~~298~~733,~~258~~934.9892 A-2 0.00 0.00 ~~339~~351,~~312~~488.9913 0.00 ~~274~~271,~~600~~103,~~101~~832.7319 A-3 0.00 0.00 2122,~~407~~124.5731 0.00 15,~~853~~688,~~404~~804.0772 M-1 0.00 0.00 5961,~~675~~950.00 0.00 39,375,000.00 M-2 0.00 0.00 7375,~~011~~650.4600 0.00 31,875,000.00 M-3 0.00 0.00 20,~~085~~800.4200 0.00 7,500,000.00 M-4 0.00 0.00 3233,~~372~~500.4000 0.00 9,375,000.00 M-5 0.00 0.00 3031,~~418~~466.7567 0.00 7,500,000.00 M-6 0.00 0.00 3233,~~750~~880.2100 0.00 8,250,000.00 P 0.00 0.00 3898,~~009~~549.0664 0.00 100.00 C 0.00 0.00 3,~~212~~159,~~723~~462.6141 0.00 8,624,992.09 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 4,~~284~~328,~~706~~292.7293 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-1 345,390,000.00 1.~~43000~~44000% ~~999~~993.~~13203350~~94382866 1.~~23032007~~27224810 0.00000000 0.00000000 A-2 276,160,000.00 1.~~43000~~44000% ~~997~~994.~~80224330~~35146918 1.~~22868261~~27276988 0.00000000 0.00000000 A-3 15,950,000.00 1.~~56000~~57000% ~~999~~993.~~13203323~~94382884 1.~~34216740~~38710408 0.00000000 0.00000000 M-1 39,375,000.00 1.~~76000~~77000% 1000.00000000 1.~~51555556~~57333333 0.00000000 0.00000000 M-2 31,875,000.00 2.~~66000~~67000% 1000.00000000 2.~~29055561~~37333333 0.00000000 0.00000000 M-3 7,500,000.00 3.~~11000~~12000% 1000.00000000 2.~~67805600~~77333333 0.00000000 0.00000000 M-4 9,375,000.00 4.~~01000~~02000% 1000.00000000 3.~~45305600~~57333333 0.00000000 0.00000000 M-5 7,500,000.00 4.~~71000~~72000% 1000.00000000 4.~~05583333~~19555600 0.00000000 0.00000000 M-6 8,250,000.00 4.~~61000~~62000% 1000.00000000 34.~~96972242~~10666667 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 C 8,624,992.09 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-2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-3 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.~~23032007~~27224810 0.00000000 ~~993~~983.~~94382866~~62412033 A-2 0.00000000 0.00000000 1.~~22868261~~27276988 0.00000000 ~~994~~981.~~35146918~~69116523 A-3 0.00000000 0.00000000 1.~~34216740~~38710408 0.00000000 ~~993~~983.~~94382884~~62412038 M-1 0.00000000 0.00000000 1.~~51555556~~57333333 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.~~29055561~~37333333 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 2.~~67805600~~77333333 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.~~45305600~~57333333 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 4.~~05583333~~19555600 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 34.~~96972242~~10666667 0.00000000 1000.00000000 P 0.00000000 0.00000000 ~~380090~~985496.~~60000000~~40000000 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~372~~366.~~49003552~~31481827 0.00000000 1000.00000000 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-3 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 712,~~688~~066,~~753~~426.3562 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 3898,~~009~~549.0664 Total Deposits 712,~~726~~164,~~762~~976.4126 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~614~~611,~~383~~490.9838 Payment of Interest and Principal 711,~~112~~553,~~378~~485.4388 Total Withdrawals (Pool Distribution Amount) 712,~~726~~164,~~762~~976.4126 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~187~~186,~~269~~563.9220 Radian PMI Policy Fee ~~425~~423,~~241~~061.3777 Wells Fargo 1,~~872~~865.6941 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~614~~611,~~383~~490.9838

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 35 0 0 35 ~~425~~533,~~908~~576.4191 0.00 0.00 ~~425~~533,~~908~~576.4191 30 Days 1023 01 04 0 1028 14,~~488~~682,~~043~~478.2450 0161,786.0026 0494,772.0026 0.00 15,~~488~~339,~~043~~037.2402 60 Days 32 0 07 0 39 ~~318~~310,~~070~~711.1454 0.00 01,003,887.0088 0.00 ~~318~~1,~~070~~314,599.1442 90 Days 01 0 01 0 02 060,710.0064 0.00 0127,598.0027 0.00 0188,308.0091 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 1326 36 012 0 1644 15,~~806~~053,~~113~~900.3868 ~~425~~695,~~908~~363.4117 01,626,258.0041 0.00 27,~~232~~375,~~021~~522.7926 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.~~059183~~099265% 0.000000% 0.000000% 0.~~059183~~099265% 0.~~057066~~072187% 0.000000% 0.000000% 0.~~057066~~072187% 30 Days 0.~~197278~~456621% 0.~~000000~~019853% 0.~~000000~~079412% 0.000000% 0.~~197278~~555886% 0.~~199380~~633491% 0.~~000000~~021888% 0.~~000000~~066938% 0.000000% 0.~~199380~~722316% 60 Days 0.~~059183~~039706% 0.000000% 0.~~000000~~138972% 0.000000% 0.~~059183~~178678% 0.~~042617~~042036% 0.000000% 0.~~000000~~135816% 0.000000% 0.~~042617~~177852% 90 Days 0.~~000000~~019853% 0.000000% 0.~~000000~~019853% 0.000000% 0.~~000000~~039706% 0.~~000000~~008214% 0.000000% 0.~~000000~~017263% 0.000000% 0.~~000000~~025476% 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.~~256461~~516180% 0.~~059183~~119119% 0.~~000000~~238237% 0.000000% 0.~~315644~~873536% 0.~~241997~~683740% 0.~~057066~~094075% 0.~~000000~~220016% 0.000000% 0.~~299064~~997832%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 95173,~~988~~763.3910 Class A-2 128,450,092.09 17.12667684% 128,~~353~~188,~~496~~896.1681 17.~~19975568~~34563894% 36.~~797242~~683904% 0.000000% Class A-3 112,500,092.09 15.00001044% 112,500,092.09 15.~~07535171~~22273790% 2.~~124404~~122901% 0.000000% Class M-1 73,125,092.09 9.75001108% 73,125,092.09 9.~~79898293~~89478400% 5.~~276369~~327954% 0.000000% Class M-2 41,250,092.09 5.50001160% 41,250,092.09 5.~~52763678~~58167846% 4.~~271346~~313106% 0.000000% Class M-3 33,750,092.09 4.50001173% 33,750,092.09 4.~~52261415~~56683009% 1.~~005023~~014848% 0.000000% Class M-4 24,375,092.09 3.25001188% 24,375,092.09 3.~~26633587~~29826964% 1.~~256278~~268560% 0.000000% Class R-I 8,625,092.09 1.15001214% 8,625,092.09 1.~~15578836~~16708808% 0.000000% 0.000000% Class R-II 8,625,092.09 1.15001214% 8,625,092.09 1.~~15578836~~16708808% 0.000000% 0.000000% Class R-III 8,625,092.09 1.15001214% 8,625,092.09 1.~~15578836~~16708808% 0.000000% 0.000000% Class C 100.00 0.00001333% 100.00 0.~~00001340~~00001353% 1.~~155775~~167075% 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.~~787288~~784879% Weighted Average Net Coupon 7.~~487288~~484879% Weighted Average Pass-Through Rate 6.~~803066~~801580% Weighted Average Maturity(Stepdown Calculation ) ~~358~~357 Beginning Scheduled Collateral Loan Count 5,~~081~~069 Number Of Loans Paid In Full 1232 Ending Scheduled Collateral Loan Count 5,~~069~~037 Beginning Scheduled Collateral Balance ~~749~~746,~~079~~251,~~528~~856.5887 Ending Scheduled Collateral Balance ~~746~~739,~~251~~026,~~856~~663.8792 Ending Actual Collateral Balance at 3130-~~Aug~~Sep-2003 ~~746~~739,~~337~~154,~~052~~991.7744 Monthly P &I Constant 5,~~446~~426,~~536~~435.1821 Special Servicing Fee 0.00 Prepayment Penalties 3898,~~009~~549.0664 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~746~~739,~~251~~026,~~856~~663.8792 Scheduled Principal 585,~~454~~201.6751 Unscheduled Principal 26,~~242~~639,~~217~~991.0444

Trigger Event Not Triggered In Effect Since N/A Comments N/A Stepdown Date ~~Don't~~Do Not Step Down In Effect Since N/A Comments N/A Unscheduled Principal-Voluntary 26,~~242~~639,~~217~~991.0444 Unscheduled Principal-Involuntary 0.00

Miscellaneous Reporting General Excess Available Amt 3,~~212~~159,~~723~~462.6142 Excess Overcollateralized Amt 0.00 Extra Principal Distribution Amt 0.00 Overcollateralization Amt 8,624,992.09 Overcollateralization Deficit Amt 0.00 #OC_RELEASE 0.00 #OC_TARGET 8,624,992.09 #OCINCREMENT 0.00 #STEPDOWN 0.00 #TRIGEVENT 0.00

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 7.~~528369~~529150 7.~~905070~~902928 7.~~648434~~647757 Weighted Average Net Rate 7.~~228369~~229149 7.~~605070~~602928 7.~~348434~~347756 Weighted Average Maturity ~~358~~357 ~~358~~357 ~~358~~357 Beginning Loan Count 1,~~002~~001 1,~~940~~933 ~~743~~742 Loans Paid In Full 13 715 16 Ending Loan Count ~~1,001~~998 1,~~933~~918 ~~742~~736 Beginning Scheduled Balance ~~141~~140,~~026~~612,~~002~~859.7602 ~~283~~282,~~792~~331,~~683~~121.4122 104,~~590~~416,~~150~~042.7909 Ending scheduled Balance ~~140~~139,~~612~~889,~~859~~013.0267 ~~282~~279,~~331~~326,~~121~~043.2216 ~~104~~103,~~416~~273,~~042~~379.0993 Record Date 0809/3130/2003 0809/3130/2003 0809/3130/2003 Principal And Interest Constant 1,~~015~~013,~~499~~462.2276 2,~~069~~059,~~843~~229.6655 ~~764~~762,~~078~~931.2254 Scheduled Principal ~~130~~131,~~752~~216.72 ~~200~~199,~~342~~860.7376 97,~~452~~474.5341 Unscheduled Principal ~~282~~592,~~391~~628.0263 12,~~261~~805,~~219~~217.4630 761,~~656~~045,187.1775 Scheduled Interest ~~884~~882,~~746~~246.5004 1,~~869~~859,~~500~~368.9379 ~~666~~665,~~625~~457.6913 Servicing Fees 35,~~256~~153.5226 70,~~948~~582.1881 26,~~147~~104.5410 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee ~~352~~351.5837 ~~709~~705.4860 261.4601 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 9594,~~192~~826.3046 ~~161~~160,~~770~~612.6397 6261,~~056~~926.4075 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 ~~849~~847,~~489~~092.8678 1,~~798~~788,~~552~~785.5298 ~~640~~639,~~478~~353.1303 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.~~415371~~416895 6.~~918033~~917271 6.~~633439~~633064

Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 7.~~867459~~862304 7.~~787288~~784879 Weighted Average Net Rate 7.~~567459~~562303 7.~~487288~~484879 Weighted Average Maturity ~~358~~357 ~~358~~357 Beginning Loan Count 1,~~396~~393 5,~~081~~069 Loans Paid In Full 38 1232 Ending Loan Count 1,~~393~~385 5,~~069~~037 Beginning Scheduled Balance ~~219~~218,~~670~~891,~~691~~834.6254 ~~749~~746,~~079~~251,~~528~~856.5887 Ending scheduled Balance ~~218~~216,~~891~~538,~~834~~227.5416 ~~746~~739,~~251~~026,~~856~~663.8792 Record Date 0809/3130/2003 0809/3130/2003 Principal And Interest Constant 1,~~597~~590,~~115~~811.0836 5,~~446~~426,~~536~~435.1821 Scheduled Principal 156,~~906~~649.6962 585,~~454~~201.6751 Unscheduled Principal ~~621~~2,~~950~~196,957.3976 26,~~242~~639,~~217~~991.0444 Scheduled Interest 1,~~440~~434,~~208~~161.3974 4,~~861~~841,~~081~~233.5170 Servicing Fees 54,~~917~~723.6803 ~~187~~186,~~269~~563.9220 Master Servicing Fees 0.00 0.00 Trustee Fee ~~549~~547.1743 1,~~872~~865.6941 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee ~~106~~105,~~222~~695.0459 ~~425~~423,~~241~~061.3777 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,~~385~~379,~~290~~438.6471 4,~~673~~654,~~811~~670.1550 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.~~984197~~979862 6.~~803066~~801580

Filing Compare · OPTION ONE MORTGAGE ACCEP CORP ASSET BACK CERTS SER 2003 5