8-K 1 bst03007.txt OCTOBER 8-K 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 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2003-7 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106323-02 54-2126373 Pooling and Servicing Agreement) (Commission 54-2126374 (State or other File Number) 54-2126375 jurisdiction IRS EIN of Incorporation) 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 October 27, 2003 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2003-7 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 2003-7 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. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2003-7 Trust By: Wells Fargo Bank Minnesota, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 11/6/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-7 Trust, relating to the October 27, 2003 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 9/30/03 Distribution Date: 10/27/03 BST Series: 2003-7 Contact: Customer Service -~~----------------------------------------------------------------------------------------------------------------~~ ~~SECURITIES~~CTSLink ~~AND~~Wells ~~EXCHANGE~~Fargo ~~COMMISSION~~Bank ~~Washington~~Minnesota, DN.CA. ~~20549~~Securities ~~FORM~~Administration ~~8-K~~Services ~~CURRENT~~7485 ~~REPORT~~New ~~Pursuant~~Horizon toWay ~~Section~~Frederick, 13MD or21703 15Telephone: (d301) of815-6600 ~~the~~Fax: ~~Securities~~(301) ~~Exchange~~815-6660 ~~Act~~Certificateholder ofDistribution ~~1934~~Summary ~~Date~~Certificate ofCertificate ~~Report~~Beginning ~~(Date~~Class ofPass-Through ~~earliest~~Certificate ~~event~~Interest ~~reported)~~Principal ~~September~~Class 30CUSIP Description Rate Balance Distribution Distribution I-A 07384MYQ9 SEN 3.82000% 36,003,600.00 ~~2003~~114,611.43 ~~STRUCTURED~~43,216.58 ~~ASSET~~I-X ~~MORTGAGE~~07384MZM7 ~~INVESTMENTS~~SEN 0.22900% 0.00 6,870.69 0.00 II-A ~~INC~~07384MYR7 SEN 4.63504% 127,843,400.00 493,799.53 734,860.80 III-~~------------------------------------------------------------------------------------------------------------------~~A ~~(EXACT~~07384MYS5 ~~NAME~~SEN OF4.93832% ~~REGISTRANT~~46,454,700.00 AS191,173.57 ~~SPECIFIED~~434,055.09 INIV-A ~~ITS~~07384MYT3 ~~CHARTER)~~SEN ~~Delaware~~4.99993% ~~333~~244,681,900.00 1,019,492.92 665,257.37 IV-~~106323~~AM 3007384MYU0 SEN 4.99993% 44,895,700.00 187,062.66 23,652.43 V-~~0183252~~A 07384MYV8 SEN 3.90402% 54,818,000.00 178,342.17 71,330.88 V-~~----------------------------------~~X 07384MZP0 SEN 0.03700% 0.00 1,690.22 0.00 VI-~~----------------------~~A 07384MYW6 SEN 4.82311% 281,148,900.00 1,130,009.38 2,704,011.89 VII-~~-----------------------------~~A ~~(STATE~~07384MYX4 ORSEN ~~OTHER~~4.90679% ~~JURISDICTION~~48,923,900.00 ~~(COMMISSION~~200,049.60 (I526,038.R40 VIII-A 07384MYY2 SEN 4.S83068% 39,977,100.00 ~~EMPLOYER~~160,930.48 OF323,435.39 ~~INCORPORATION)~~IX-A ~~FILE~~07384MYZ9 ~~NUMBER)~~SEN ~~IDENTIFICATION~~4.87071% NO203,331,400.)00 ~~383~~825,306.51 ~~Madison~~163,740.64 ~~Avenue~~B-1 ~~New~~07384MZC9 ~~York~~SUB 4.79683% 15,157,700.00 ~~New~~60,590.75 ~~York~~7,640.94 ~~10l79~~B-2 07384MZD7 SUB 4.79683% 9,327,700.00 37,286.15 4,702.06 B-~~----------------------------------~~3 07384MZE5 SUB 4.79683% 5,246,800.00 20,973.34 2,644.89 B-~~-----------------------------~~4 ~~(ADDRESS~~07384MZF2 OFSUB ~~PRINCIPAL~~4.79683% ~~(ZIP~~2,915,100.00 ~~CODE)~~11,652.70 ~~EXECUTIVE~~1,469.49 ~~OFFICES)~~B-5 ~~Registrants~~07384MZG0 ~~telephone~~SUB ~~number~~4.79683% 2,331,900.00 ~~including~~9,321.44 ~~area~~1,175.50 ~~code~~B-6 07384MZH8 SUB 4.79683% 2,915,387.83 is11,653.85 ~~(212)~~1,469.64 ~~272~~R-~~2000~~I 07384MZA3 SEN 3.94102% 100.00 0.33 100.00 R-II 07384MZB1 SEN 3.94102% 50.00 0.16 50.00 R-~~-----------------------------------------------------------------------------------------------------------------~~III 07384MZN5 SEN 3.94102% 50.00 0.31 50.00 Totals 1,165,973,387.83 4,660,818.19 5,708,901.99

~~EXHIBIT~~Certificateholder ~~INDEX~~Distribution ~~Item~~Summary ~~601~~ (acontinued) ofCurrent ~~Sequentially~~Ending ~~Exhibit~~Cumulative ~~Regulation~~Realized SCertificate Total Realized Class Loss Balance Distribution Losses I-KA ~~Numbered~~0.00 ~~Number~~35,960,383.42 ~~Exhibit~~157,828.01 No0.00 ~~Description~~I-X ~~Page~~0.00 0.00 6,870.69 0.00 II-A 0.00 127,108,539.20 1,228,660.33 0.00 III-A 0.00 46,020,644.91 625,228.66 0.00 IV-A 0.00 244,016,642.63 1,684,750.29 0.00 IV-AM 0.00 44,872,047.57 210,715.09 0.00 V-A 0.00 54,746,669.12 249,673.05 0.00 V-X 0.00 0.00 1,690.22 0.00 VI-A 0.00 278,444,888.11 3,834,021.27 0.00 VII-A 0.00 48,397,861.60 726,088.00 0.00 VIII-A 0.00 39,653,664.61 484,365.87 0.00 IX-A 0.00 203,167,659.36 989,047.15 0.00 B-1 0.00 15,150,059.06 68,231.69 0.00 B-2 0.00 9,322,997.94 41,988.21 0.00 B-3 0.00 5,244,155.11 23,618.23 0.00 B-4 0.00 2,913,630.51 13,122.19 0.00 B-5 0.00 2,330,724.50 10,496.94 0.00 B-6 0.00 2,913,918.19 13,123.49 0.00 R-I 0.00 0.00 100.33 0.00 R-~~----------~~II 0.00 0.00 50.16 0.00 R-~~---~~III 0.00 0.00 50.31 0.00 Totals 0.00 1,160,264,485.84 410,369,720.18 0.00 All distributions required by the Pooling and Servicing 5 Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Delinquency Status By Groups

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