8-K 1 wfm03007.txt DECEMBER 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): December 26, 2003 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-7 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-98129-23 54-2121772 Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction 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 December 26, 2003 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, 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 December 26, 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2003-7 Trust By: Wells Fargo Bank Minnesota, N.A. as Master Servicer By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 1/2/04 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 December 26, 2003 distribution. EX-99.1

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 911/30/03 Distribution Date: 1012/2726/03 WFMBS Series: 2003-7 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-PO 949804AG3 SEN 0.00000% 15,~~474~~331.0161 0.00 7861.4774 A-1 949804AA6 SEN 4.50000% ~~288~~280,~~753~~787,~~230~~173.9415 1,~~082~~052,~~813~~948.3320 54,~~718~~362,~~850~~999.1423 A-2 949804AB4 SEN 4.50000% 4643,~~700~~049,~~361~~358.2418 ~~175~~161,~~124~~434.53 21,~~621~~999,~~063~~649.0151 A-3 949804AC2 SEN 4.50000% 79,680,000.00 298,~~796~~798.8895 0.00 A-4 949804AD0 SEN 4.50000% 5,961,000.00 22,353.5267 0.00 A-5 949804AE8 SEN 4.50000% 0.00 0.00 0.00 A-6 949804AF5 SEN 4.50000% 0.00 0.00 0.00 A-R 949804AH1 SEN 4.50000% 0.00 0.00 0.00 B-1 949804AJ7 SUB 4.50000% 3,~~230~~205,~~420~~980.7599 12,~~113~~022.9539 12,~~103~~290.7464 B-2 949804AK4 SUB 4.50000% ~~745~~740,~~787~~145.2701 2,~~796~~775.6753 2,~~794~~837.3146 B-3 949804AL2 SUB 4.50000% ~~994~~986,~~052~~531.0050 3,~~727~~699.6648 3,~~724~~782.5102 B-4 949804AM0 SUB 4.50000% ~~496~~492,~~529~~772.4798 1,~~861~~847.9789 1,~~860~~889.4012 B-5 949804AN8 SUB 4.50000% ~~248~~246,~~264~~386.7449 ~~930~~923.9895 ~~930~~944.2056 B-6 949804AP3 SUB 4.50000% ~~497~~494,~~880~~113.6089 1,~~867~~852.0392 1,~~865~~894.4626 Totals ~~427~~415,~~323~~658,~~001~~793.0280 1,~~602~~558,~~386~~657.5251 86,~~363~~386,~~270~~348.2454

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-PO 0.00 15,~~395~~269.5487 7861.4774 0.00 A-1 0.00 ~~283~~276,~~034~~424,~~380~~173.8092 65,~~801~~415,~~663~~947.4743 0.00 A-2 0.00 4441,~~079~~049,~~298~~708.2366 2,~~796~~161,~~187~~084.5404 0.00 A-3 0.00 79,680,000.00 298,~~796~~798.8895 0.00 A-4 0.00 5,961,000.00 22,353.5267 0.00 A-5 0.00 0.00 0.00 0.00 A-6 0.00 0.00 0.00 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 3,~~218~~193,~~317~~690.0136 24,~~217~~313.6903 0.00 B-2 0.00 ~~742~~737,~~992~~307.9555 5,~~590~~612.9899 0.00 B-3 0.00 ~~990~~982,~~327~~749.4948 7,~~452~~481.1750 0.00 B-4 0.00 ~~494~~490,~~669~~883.0885 3,~~722~~737.3701 0.00 B-5 0.00 ~~247~~245,~~334~~441.5493 1,~~861~~868.1851 0.00 B-6 0.00 ~~496~~492,~~015~~219.1463 3,~~732~~747.4918 0.00 Totals 0.00 ~~418~~409,~~959~~272,~~730~~445.7825 97,~~965~~945,~~656~~006.7605 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-PO 15,597.53 15,~~474~~331.0161 61.1974 170.2900 0.00 0.00 A-1 338,903,000.00 ~~288~~280,~~753~~787,~~230~~173.9415 1,~~081~~076,~~900~~442.2510 43,~~636~~286,~~949~~557.8913 0.00 0.00 A-2 62,000,000.00 4643,~~700~~049,~~361~~358.2418 ~~495~~493,~~856~~354.4587 21,~~125~~506,~~206~~294.5664 0.00 0.00 A-3 79,680,000.00 79,680,000.00 0.00 0.00 0.00 0.00 A-4 5,961,000.00 5,961,000.00 0.00 0.00 0.00 0.00 A-5 3,005,000.00 0.00 0.00 0.00 0.00 0.00 A-6 4,680,000.00 0.00 0.00 0.00 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 3,253,000.00 3,~~230~~205,~~420~~980.7599 12,~~103~~290.7464 0.00 0.00 0.00 B-2 751,000.00 ~~745~~740,~~787~~145.2701 2,~~794~~837.3146 0.00 0.00 0.00 B-3 1,001,000.00 ~~994~~986,~~052~~531.0050 3,~~724~~782.5102 0.00 0.00 0.00 B-4 500,000.00 ~~496~~492,~~529~~772.4798 1,~~860~~889.4012 0.00 0.00 0.00 B-5 250,000.00 ~~248~~246,~~264~~386.7449 ~~930~~944.2056 0.00 0.00 0.00 B-6 501,360.57 ~~497~~494,~~880~~113.6089 1,~~865~~894.4626 0.00 0.00 0.00 Totals 500,501,058.10 ~~427~~415,~~323~~658,~~001~~793.0280 1,~~601~~593,~~096~~496.5177 64,~~762~~792,~~173~~851.7477 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-PO 7861.4774 15,~~395~~269.5487 0.~~98704987~~97899283 7861.4774 A-1 54,~~718~~362,~~850~~999.1423 ~~283~~276,~~034~~424,~~380~~173.8092 0.~~83514864~~81564393 54,~~718~~362,~~850~~999.1423 A-2 21,~~621~~999,~~063~~649.0151 4441,~~079~~049,~~298~~708.2366 0.~~71095642~~66209208 21,~~621~~999,~~063~~649.0151 A-3 0.00 79,680,000.00 1.00000000 0.00 A-4 0.00 5,961,000.00 1.00000000 0.00 A-5 0.00 0.00 0.00000000 0.00 A-6 0.00 0.00 0.00000000 0.00 A-R 0.00 0.00 0.00000000 0.00 B-1 12,~~103~~290.7464 3,~~218~~193,~~317~~690.0136 0.~~98933815~~98176771 12,~~103~~290.7464 B-2 2,~~794~~837.3146 ~~742~~737,~~992~~307.9555 0.~~98933815~~98176771 2,~~794~~837.3146 B-3 3,~~724~~782.5102 ~~990~~982,~~327~~749.4948 0.~~98933815~~98176771 3,~~724~~782.5102 B-4 1,~~860~~889.4012 ~~494~~490,~~669~~883.0885 0.~~98933816~~98176770 1,~~860~~889.4012 B-5 ~~930~~944.2056 ~~247~~245,~~334~~441.5493 0.~~98933816~~98176772 ~~930~~944.2056 B-6 1,~~865~~894.4626 ~~496~~492,~~015~~219.1463 0.~~98933815~~98176773 1,~~865~~894.4626 Totals 86,~~363~~386,~~270~~348.2454 ~~418~~409,~~959~~272,~~730~~445.7825 0.~~83708061~~81772543 86,~~363~~386,~~270~~348.2454

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-PO 15,597.53 ~~992~~982.~~08079741~~95114675 3.~~92305705~~95831904 10.~~10850885~~00000000 0.00000000 A-1 338,903,000.00 ~~852~~828.~~02323656~~51781527 3.~~19235961~~17625427 139.~~68223323~~69763363 0.00000000 A-2 62,000,000.00 ~~753~~694.~~23163290~~34448677 7.~~99768468~~95733661 3424.~~27752516~~29507484 0.00000000 A-3 79,680,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 5,961,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 3,005,000.00 0.00000000 0.00000000 0.00000000 0.00000000 A-6 4,680,000.00 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 3,253,000.00 ~~993~~985.~~05894559~~54595450 3.~~72079311~~77824777 0.00000000 0.00000000 B-2 751,000.00 ~~993~~985.~~05894807~~54595206 3.~~72078562~~77824234 0.00000000 0.00000000 B-3 1,001,000.00 ~~993~~985.~~05894106~~54595405 3.~~72078921~~77824176 0.00000000 0.00000000 B-4 500,000.00 ~~993~~985.~~05894000~~54596000 3.~~72080000~~77824000 0.00000000 0.00000000 B-5 250,000.00 ~~993~~985.~~05896000~~54596000 3.~~72080000~~77824000 0.00000000 0.00000000 B-6 501,360.57 ~~993~~985.~~05894758~~54597144 3.~~72079520~~77823888 0.00000000 0.00000000 (2) Per $1000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-PO 0.00000000 53.~~03092477~~95831904 ~~987~~978.~~04987264~~99282771 0.~~98704987~~97899283 53.~~03092477~~95831904 A-1 0.00000000 1612.~~87459285~~87388790 ~~835~~815.~~14864371~~64392738 0.~~83514864~~81564393 1612.~~87459285~~87388790 A-2 0.00000000 4232.~~27520984~~25241145 ~~710~~662.~~95642306~~09207516 0.~~71095642~~66209208 4232.~~27520984~~25241145 A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-6 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 3.~~72079311~~77824777 ~~989~~981.~~33815247~~76770981 0.~~98933815~~98176771 3.~~72079311~~77824777 B-2 0.00000000 3.~~72078562~~77824234 ~~989~~981.~~33814913~~76770972 0.~~98933815~~98176771 3.~~72078562~~77824234 B-3 0.00000000 3.~~72078921~~77824176 ~~989~~981.~~33815185~~76771229 0.~~98933815~~98176771 3.~~72078921~~77824176 B-4 0.00000000 3.~~72080000~~77824000 ~~989~~981.~~33816000~~76770000 0.~~98933816~~98176770 3.~~72080000~~77824000 B-5 0.00000000 3.~~72080000~~77824000 ~~989~~981.~~33816000~~76772000 0.~~98933816~~98176772 3.~~72080000~~77824000 B-6 0.00000000 3.~~72079520~~77823888 ~~989~~981.~~33815238~~76773255 0.~~98933815~~98176773 3.~~72079520~~77823888 (3) Amount Does Not Include Excess Special Hazard, 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-PO 15,597.53 0.00000% 15,~~474~~331.0161 0.00 0.00 0.00 A-1 338,903,000.00 4.50000% ~~288~~280,~~753~~787,~~230~~173.9415 1,~~082~~052,~~824~~951.6290 0.00 0.00 A-2 62,000,000.00 4.50000% 4643,~~700~~049,~~361~~358.2418 ~~175~~161,~~126~~435.3509 0.00 0.00 A-3 79,680,000.00 4.50000% 79,680,000.00 298,800.00 0.00 0.00 A-4 5,961,000.00 4.50000% 5,961,000.00 22,353.75 0.00 0.00 A-5 3,005,000.00 4.50000% 0.00 0.00 0.00 0.00 A-6 4,680,000.00 4.50000% 0.00 0.00 0.00 0.00 A-R 100.00 4.50000% 0.00 0.00 0.00 0.00 B-1 3,253,000.00 4.50000% 3,~~230~~205,~~420~~980.7599 12,~~114~~022.0843 0.00 0.00 B-2 751,000.00 4.50000% ~~745~~740,~~787~~145.2701 2,~~796~~775.7054 0.00 0.00 B-3 1,001,000.00 4.50000% ~~994~~986,~~052~~531.0050 3,~~727~~699.7049 0.00 0.00 B-4 500,000.00 4.50000% ~~496~~492,~~529~~772.4798 1,~~861~~847.9990 0.00 0.00 B-5 250,000.00 4.50000% ~~248~~246,~~264~~386.7449 ~~930~~923.9995 0.00 0.00 B-6 501,360.57 4.50000% ~~497~~494,~~880~~113.6089 1,~~867~~852.0593 0.00 0.00 Totals 500,501,058.10 1,~~602~~558,~~403~~662.2398 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-PO 0.00 0.00 0.00 0.00 15,~~395~~269.5487 A-1 113.2970 0.00 1,~~082~~052,~~813~~948.3320 0.00 ~~283~~276,~~034~~424,~~380~~173.8092 A-2 10.8357 0.00 ~~175~~161,~~124~~434.53 0.00 4441,~~079~~049,~~298~~708.2366 A-3 31.1205 0.00 298,~~796~~798.8895 0.00 79,680,000.00 A-4 0.2308 0.00 22,353.5267 0.00 5,961,000.00 A-5 0.00 0.00 0.00 0.00 0.00 A-6 0.00 0.00 0.00 0.00 0.00 A-R 0.00 0.00 0.00 0.00 0.00 B-1 0.1304 0.00 12,~~113~~022.9539 0.00 3,~~218~~193,~~317~~690.0136 B-2 0.0301 0.00 2,~~796~~775.6753 0.00 ~~742~~737,~~992~~307.9555 B-3 0.0401 0.00 3,~~727~~699.6648 0.00 ~~990~~982,~~327~~749.4948 B-4 0.0201 0.00 1,~~861~~847.9789 0.00 ~~494~~490,~~669~~883.0885 B-5 0.0100 0.00 ~~930~~923.9895 0.00 ~~247~~245,~~334~~441.5493 B-6 0.0201 0.00 1,~~867~~852.0392 0.00 ~~496~~492,~~015~~219.1463 Totals 165.7248 0.00 1,~~602~~558,~~386~~657.5251 0.00 (4) Amount Does Not Include Excess Special Hazard, 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-PO 15,597.53 0.00000% ~~992~~982.~~08079741~~95114675 0.00000000 0.00000000 0.00000000 A-1 338,903,000.00 4.50000% ~~852~~828.~~02323656~~51781527 3.~~19508715~~10694181 0.00000000 0.00000000 A-2 62,000,000.00 4.50000% ~~753~~694.~~23163290~~34448677 2.~~82461855~~60379177 0.00000000 0.00000000 A-3 79,680,000.00 4.50000% 1000.00000000 3.75000000 0.00000000 0.00000000 A-4 5,961,000.00 4.50000% 1000.00000000 3.75000000 0.00000000 0.00000000 A-5 3,005,000.00 4.50000% 0.00000000 0.00000000 0.00000000 0.00000000 A-6 4,680,000.00 4.50000% 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 4.50000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 3,253,000.00 4.50000% ~~993~~985.~~05894559~~54595450 3.~~72397172~~69579773 0.00000000 0.00000000 B-2 751,000.00 4.50000% ~~993~~985.~~05894807~~54595206 3.~~72396804~~69579228 0.00000000 0.00000000 B-3 1,001,000.00 4.50000% ~~993~~985.~~05894106~~54595405 3.~~72397602~~69579421 0.00000000 0.00000000 B-4 500,000.00 4.50000% ~~993~~985.~~05894000~~54596000 3.~~72398000~~69580000 0.00000000 0.00000000 B-5 250,000.00 4.50000% ~~993~~985.~~05896000~~54596000 3.~~72396000~~69580000 0.00000000 0.00000000 B-6 501,360.57 4.50000% ~~993~~985.~~05894758~~54597144 3.~~72396657~~69580320 0.00000000 0.00000000 (5) All classes are per $1000 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-PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~987~~978.~~04987264~~99282771 A-1 0.~~00003331~~00001092 0.00000000 3.~~19505384~~10693089 0.00000000 ~~835~~815.~~14864371~~64392738 A-2 0.~~00002952~~00000919 0.00000000 2.~~82458919~~60378274 0.00000000 ~~710~~662.~~95642306~~09207516 A-3 0.~~00003916~~00001318 0.00000000 3.~~74996084~~74998682 0.00000000 1000.00000000 A-4 0.~~00003858~~00001342 0.00000000 3.~~74996142~~74998658 0.00000000 1000.00000000 A-5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-6 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.~~00003996~~00001230 0.00000000 3.~~72393176~~69578543 0.00000000 ~~989~~981.~~33815247~~76770981 B-2 0.~~00003995~~00001332 0.00000000 3.~~72392810~~69577896 0.00000000 ~~989~~981.~~33814913~~76770972 B-3 0.~~00003996~~00000999 0.00000000 3.~~72393606~~69578422 0.00000000 ~~989~~981.~~33815185~~76771229 B-4 0.~~00004000~~00002000 0.00000000 3.~~72394000~~69578000 0.00000000 ~~989~~981.~~33816000~~76770000 B-5 0.~~00004000~~00000000 0.00000000 3.~~72392000~~69580000 0.00000000 ~~989~~981.~~33816000~~76772000 B-6 0.~~00003989~~00001995 0.00000000 3.~~72392667~~69578326 0.00000000 ~~989~~981.~~33815238~~76773255 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance ~~103,504~~0.4300 Deposits Payments of Interest and Principal 108,~~066~~367,~~238~~600.2611 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 108,~~066~~367,~~238~~600.2611 Withdrawals Reimbursement for Servicer Advances 0104,108.0043 Payment of Service Fee 8786,~~341~~750.6434 Payment of Interest and Principal 97,~~965~~945,~~656~~006.7606 Total Withdrawals (Pool Distribution Amount) 108,~~052~~135,~~998~~864.4083 Ending Balance ~~116~~231,~~744~~735.2829

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 53,~~260~~310.5975 Servicing Fee Support 53,~~243~~305.8727 Non-Supported Prepayment/Curtailment Interest Shortfall 165.7248

SERVICING FEES Gross Servicing Fee 8986,~~024~~591.5393 Master Servicing Fee 3,~~560~~463.9868 Supported Prepayment/Curtailment Interest Shortfall 53,~~243~~305.8727 Net Servicing Fee 8786,~~341~~750.6434

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 01 0 0 0 01 0481,311.0067 0.00 0.00 0.00 0481,311.0067 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 10 0 0 0 10 ~~448,000~~0.00 0.00 0.00 0.00 ~~448,000~~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 1 0 0 0 1 ~~448~~481,~~000~~311.0067 0.00 0.00 0.00 ~~448~~481,~~000~~311.0067 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~121803% 0.000000% 0.000000% 0.000000% 0.~~000000~~121803% 0.~~000000~~116718% 0.000000% 0.000000% 0.000000% 0.~~000000~~116718% 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.~~119904~~000000% 0.000000% 0.000000% 0.000000% 0.~~119904~~000000% 0.~~107949~~000000% 0.000000% 0.000000% 0.000000% 0.~~107949~~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.~~119904~~121803% 0.000000% 0.000000% 0.000000% 0.~~119904~~121803% 0.~~107949~~116718% 0.000000% 0.000000% 0.000000% 0.~~107949~~116718%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~130~~91,~~550~~051.1045

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 6,256,360.57 1.25001945% 6,~~189~~142,~~656~~292.2180 1.~~47738691~~50078337% 98.~~522559~~499161% 100.000000% Class B-1 3,003,360.57 0.60007077% 2,~~971~~948,~~339~~602.2044 0.~~70921833~~72044978% 0.~~768197~~780363% 0.000000% Class B-2 2,252,360.57 0.45002114% 2,~~228~~211,~~346~~294.2589 0.~~53187600~~54029899% 0.~~177349~~180158% 0.000000% Class B-3 1,251,360.57 0.25002156% 1,~~238~~228,~~018~~545.7641 0.~~29549827~~30017789% 0.~~236386~~240130% 0.000000% Class B-4 751,360.57 0.15012167% ~~743~~737,~~349~~661.6856 0.~~17742748~~18023729% 0.~~118075~~119945% 0.000000% Class B-5 501,360.57 0.10017173% ~~496~~492,~~015~~219.1463 0.~~11839208~~12026698% 0.~~059038~~059973% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~118396~~120271% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Fixed 15 Year Weighted Average Gross Coupon 5.~~421970~~420601% Weighted Average Pass-Through Rate 4.500000% Weighted Average Maturity(Stepdown Calculation ) ~~174~~172 Beginning Scheduled Collateral Loan Count ~~845~~831 Number Of Loans Paid In Full 1110 Ending Scheduled Collateral Loan Count ~~834~~821 Beginning Scheduled Collateral Balance ~~427~~415,~~323~~658,~~001~~793.0380 Ending Scheduled Collateral Balance ~~418~~409,~~959~~272,~~730~~445.7924 Ending Actual Collateral Balance at 30-~~Sep~~Nov-2003 ~~415~~412,~~010~~372,~~107~~606.6251 Ending Scheduled Balance For Wells Fargo Serviced ~~414~~405,~~925~~269,~~925~~765.5033 Ending Scheduled Balance For Other Servicers 4,~~033~~002,~~805~~679.2991 Monthly P &I Constant 3,~~319~~262,~~170~~495.7670 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 97,~~919~~898,~~017~~189.8748 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans ~~416~~406,~~668~~999,~~966~~913.3228 Ending scheduled Balance For discounted Loans 2,~~290~~272,~~764~~531.4796 Scheduled Principal 1,~~601~~593,~~096~~496.5079 Unscheduled Principal 64,~~762~~792,~~173~~851.7477 Unpaid Principal Balance Of Outstanding Mortgage Loans With Or Less Than Or Equal To 80% ~~417~~407,~~028~~307,~~209~~358.3765 Greater Than 80%, less than or equal to 85% ~~434~~430,~~362~~271.8830 Greater than 85%, less than or equal to 95% 1,~~455~~433,~~451~~986.7483 Greater than 95% 0.00

Filing Compare · WELLS FARGO ASSET SEC CORP MORT PASS THR CERTS SER 2003-7