8-K 1 bst02008_sep.txt SEPT. 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): September 27, 2004 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2002-8 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-68542-08 51-0423867 Pooling and Servicing Agreement) (Commission 51-0423872 (State or other File Number) 51-0423873 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, 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) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On September 27, 2004 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2002-8 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-8 Trust, relating to the September 27, 2004 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 2002-8 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/29/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-8 Trust, relating to the September 27, 2004 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 78/31/~~2004~~04 Distribution Date: 89/2527/~~2004~~04 BST Series: 2002-8 Contact: Customer Service - CTSLink Wells Fargo Bank, 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 I-A 07384MNQ1 SEN 5.~~22662~~24094% 7,~~522~~198,~~554~~616.2465 3231,~~764~~439.6261 ~~323~~7,~~937~~198,616.5965 II-A 07384MNR9 SEN 5.~~15991~~15592% 15,~~960~~513,~~094~~403.4997 6866,~~627~~654.2184 ~~446~~15,~~690~~513,403.5297 II-X 07384MNU2 SEN 0.64500% 0.00 8,~~578~~338.5545 0.00 III-A 07384MNS7 SEN 6.~~09494~~08068% 65,~~314~~751,~~826~~145.04 3229,~~073~~142.7442 ~~563~~5,~~681~~751,145.0004 IV-A 07384MNT5 SEN 4.~~69499~~72621% 4,~~276~~004,~~006~~572.9536 1615,~~729~~772.8303 ~~271~~4,~~434~~004,572.5936 V-A 07384MNY4 SEN 5.~~39630~~40848% 109,~~102~~317,~~329~~743.4256 4541,~~429~~995.3772 ~~784~~9,~~585~~317,743.8556 VI-A 07384MNZ1 SEN 5.~~76582~~76572% 4,~~321~~314,~~643~~330.9477 20,~~764~~729.8437 74,~~313~~314,330.1777 VII-A 07384MPA4 SEN 6.~~37715~~37822% 8,~~765~~741,~~788~~142.5926 46,~~583~~460.9475 248,~~646~~741,142.3226 X 07384MPL0 SEN 0.20650% 0.00 ~~1,163~~966.2522 0.00 B-1 07384MPB2 SUB 5.~~40215~~41597% 4,~~852~~759,~~756~~373.6610 21,~~846~~480.1150 934,~~383~~759,373.5710 B-2 07384MPC0 SUB 5.~~40215~~41597% 2,~~348~~302,~~126~~941.9802 10,~~570~~393.7887 452,~~185~~302,941.9602 B-3 07384MPD8 SUB 5.~~40215~~41597% 1,~~565~~535,~~445~~321.9039 76,~~047~~929.3237 301,~~124~~535,321.5139 B-4 07384MPE6 SUB 5.~~40215~~41597% ~~939~~921,~~267~~192.5484 4,~~228~~157.3962 18921,~~074~~192.7184 B-5 07384MPF3 SUB 5.~~40215~~41597% ~~626~~614,~~178~~128.3656 2,~~818~~771.9375 12614,~~049~~128.8056 B-6 07384MPG1 SUB 5.~~40215~~41597% ~~626~~614,~~337~~284.7588 2,~~819~~772.6445 12550,~~052~~184.8788 R-I 07384MNV0 SEN 50.~~38634~~00000% 0.00 0.00 0.00 R-II 07384MNW8 SEN 50.~~38634~~00000% 0.00 0.00 0.00 R-III 07384MNX6 SEN 50.~~38634~~00000% 0.00 0.0001 0.00 Totals 6865,~~221~~588,~~356~~196.8640 ~~322~~310,~~046~~004.5298 265,~~633~~524,~~160~~096.4640

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 0.00 7,~~198~~230,~~616~~056.6526 ~~356,702.21~~ 0.00 II-A 0.00 0.00 15,~~513~~580,~~403~~058.9781 ~~515,317.73~~ 0.00 II-X 0.00 0.00 8,~~578~~338.5545 0.00 III-A 0.00 0.00 5,~~751~~780,~~145~~287.0446 ~~595,754.74~~ 0.00 IV-A 0.00 0.00 4,~~004~~020,~~572~~344.3639 ~~288,164.42~~ 0.00 V-A 0.00 0.00 9,~~317~~359,~~743~~739.5628 ~~830,015.22~~ 0.00 VI-A 0.00 0.00 4,~~314~~335,~~330~~060.7714 ~~28,078.01~~ 0.00 VII-A 0.00 0.00 8,~~741~~787,~~142~~603.2601 ~~71,230.26~~ 0.00 X 0.00 0.00 ~~1,163~~966.2522 0.00 B-1 0.00 0.00 4,~~759~~780,~~373~~853.1060 ~~115,229.68~~ 0.00 B-2 0.00 0.00 2,~~302~~313,~~941~~334.0289 ~~55,756.74~~ 0.00 B-3 0.00 0.00 1,~~535~~542,~~321~~250.3976 ~~37,171.83~~ 0.00 B-4 0.00 ~~921,192~~0.8400 22925,~~303~~350.1046 0.00 B-5 0.00 ~~614,128~~0.5600 14616,~~868~~900.7331 0.00 B-6 64,100.00 0.00 ~~614~~552,~~284~~957.8833 1464,~~872~~100.~~51 0.~~00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.0001 0.00 Totals 64,100.00 0.00 65,~~588~~834,~~196~~101.4038 264,~~955,206~~100.~~98 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) I-A 76,399,700.00 7,~~522~~198,~~554~~616.2465 ~~6,944~~0.1600 ~~316~~7,~~993~~198,616.4365 0.00 0.00 II-A 187,728,800.00 15,~~960~~513,~~094~~403.4997 ~~13,848~~0.4600 ~~432~~15,~~842~~513,403.0697 0.00 0.00 II-X 0.00 0.00 0.00 0.00 0.00 0.00 III-A 45,480,600.00 65,~~314~~751,~~826~~145.04 ~~1,371~~0.3500 ~~562~~5,~~309~~751,145.6504 0.00 0.00 IV-A 275,388,100.00 4,~~276~~004,~~006~~572.9536 ~~5,993~~0.1200 ~~265~~4,~~441~~004,572.4736 0.00 0.00 V-A 32,683,300.00 109,~~102~~317,~~329~~743.4256 ~~7,128~~0.2200 ~~777~~9,~~457~~317,743.6356 0.00 0.00 VI-A 41,117,300.00 4,~~321~~314,~~643~~330.9477 ~~2,932~~0.3300 4,~~380~~314,330.8477 0.00 0.00 VII-A 62,630,800.00 8,~~765~~741,~~788~~142.5926 ~~793~~0.7700 238,~~852~~741,142.5526 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 B-1 11,587,500.00 4,~~852~~759,~~756~~373.6610 ~~4,455~~0.4200 884,~~928~~759,373.1510 0.00 0.00 B-2 5,606,900.00 2,~~348~~302,~~126~~941.9802 ~~2,155~~0.8600 432,~~030~~302,941.1002 0.00 0.00 B-3 3,738,000.00 1,~~565~~535,~~445~~321.9039 ~~1,437~~0.2700 281,~~687~~535,321.2439 0.00 0.00 B-4 2,242,800.00 ~~939~~921,~~267~~192.5484 ~~862~~0.3600 17921,~~212~~192.3584 0.00 0.00 B-5 1,495,200.00 ~~626~~614,~~178~~128.3656 ~~574~~0.9100 11614,~~474~~128.9056 0.00 0.00 B-6 1,495,580.00 ~~626~~614,~~337~~284.7588 ~~575~~0.0500 11550,~~477~~184.8288 0.00 064,100.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 R-III 50.00 0.00 0.00 0.00 0.00 0.00 Totals 747,594,730.00 6865,~~221~~588,~~356~~196.8640 ~~49,072~~0.2800 265,~~584~~524,~~088~~096.1940 0.00 064,100.00 (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 I-A ~~323,937.59~~ 7,198,616.65 0.~~09422310~~00 ~~323~~0.00000000 7,~~937~~198,616.5965 II-A ~~446,690.52~~ 15,513,403.97 0.~~08263731~~00 ~~446~~0.00000000 15,~~690~~513,403.5297 II-X 0.00 0.00 0.00000000 0.00 III-A ~~563,681.00~~ 5,751,145.04 0.~~12645271~~00 ~~563~~0.00000000 5,~~681~~751,145.0004 IV-A ~~271,434.59~~ 4,004,572.36 0.~~01454156~~00 ~~271~~0.00000000 4,~~434~~004,572.5936 V-A ~~784,585.85~~ 9,317,743.56 0.~~28509188~~00 ~~784~~0.00000000 9,~~585~~317,743.8556 VI-A ~~7,313.17~~ 4,314,330.77 0.~~10492739~~00 70.00000000 4,~~313~~314,330.1777 VII-A ~~24,646.32~~ 8,741,142.26 0.~~13956619~~00 240.00000000 8,~~646~~741,142.3226 X 0.00 0.00 0.00000000 0.00 B-1 ~~93,383.57~~ 4,759,373.10 0.~~41073339~~00 930.00000000 4,~~383~~759,373.5710 B-2 ~~45,185.96~~ 2,302,941.02 0.~~41073339~~00 450.00000000 2,~~185~~302,941.9602 B-3 ~~30,124.51~~ 1,535,321.39 0.~~41073338~~00 300.00000000 1,~~124~~535,321.5139 B-4 ~~18,074.71~~ 921,192.84 0.~~41073339~~00 180.00000000 921,~~074~~192.7184 B-5 ~~12,049.80~~ 614,128.56 0.~~41073339~~00 120.00000000 614,~~049~~128.8056 B-6 ~~12,052.87~~ 614,284.88 0.~~41073355~~00 120.00000000 550,~~052~~184.8788 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 Totals ~~2,633,160.46~~ 65,588,196.40 0.~~08773229~~00 20.00000000 65,~~633~~524,~~160~~096.4640

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 76,399,700.00 9894.~~46313847~~22310101 0.~~09089250~~00000000 494.~~14914496~~22310101 0.00000000 II-A 187,728,800.00 8582.~~01676083~~63731495 0.~~07376844~~00000000 282.~~30567745~~63731495 0.00000000 II-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A 45,480,600.00 ~~138~~126.~~84658602~~45270819 0.~~03015242~~00000000 12126.~~36372541~~45270819 0.00000000 IV-A 275,388,100.00 1514.~~52720306~~54155920 0.~~02176245~~00000000 014.~~96388141~~54155920 0.00000000 V-A 32,683,300.00 ~~309~~285.~~09759480~~09188362 0.~~21809976~~00000000 23285.~~78761110~~09188362 0.00000000 VI-A 41,117,300.00 ~~105~~104.~~10524621~~92738507 0.~~07131621~~00000000 0104.~~10654493~~92738507 0.00000000 VII-A 62,630,800.00 139.~~95970976~~56619203 0.~~01267380~~00000000 0139.~~38084377~~56619203 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 11,587,500.00 ~~418~~410.~~79237627~~73338511 0.~~38450227~~00000000 7410.~~67448975~~73338511 0.00000000 B-2 5,606,900.00 ~~418~~410.~~79237725~~73338565 0.~~38450124~~00000000 7410.~~67449036~~73338565 0.00000000 B-3 3,738,000.00 ~~418~~410.~~79237560~~73338416 0.~~38450241~~00000000 7410.~~67448903~~73338416 0.00000000 B-4 2,242,800.00 ~~418~~410.~~79237560~~73338684 0.~~38450152~~00000000 7410.~~67449171~~73338684 0.00000000 B-5 1,495,200.00 ~~418~~410.~~79237560~~73338684 0.~~38450375~~00000000 7410.~~67449171~~73338684 0.00000000 B-6 1,495,580.00 ~~418~~410.~~79254202~~73354819 0.~~38449966~~00000000 7367.~~67449418~~87392182 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 0.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A 0.00000000 ~~4.24003746~~ 94.22310101 0.~~09422310~~00000000 40.~~24003746~~00000000 94.22310101 II-A 0.00000000 ~~2.37944588~~ 82.63731495 0.~~08263731~~00000000 20.~~37944588~~00000000 82.63731495 II-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A 0.00000000 ~~12.39387783~~ 126.45270819 0.~~12645271~~00000000 120.~~39387783~~00000000 126.45270819 IV-A 0.00000000 ~~0.98564386~~ 14.54155920 0.~~01454156~~00000000 0.~~98564386~~00000000 14.54155920 V-A 0.00000000 ~~24.00571087~~ 285.09188362 0.~~28509188~~00000000 240.~~00571087~~00000000 285.09188362 VI-A 0.00000000 ~~0.17786114~~ 104.92738507 0.~~10492739~~00000000 0.~~17786114~~00000000 104.92738507 VII-A 0.00000000 ~~0.39351757~~ 139.56619203 0.~~13956619~~00000000 0.~~39351757~~00000000 139.56619203 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 ~~8.05899202~~ 410.73338511 0.~~41073339~~00000000 80.~~05899202~~00000000 410.73338511 B-2 0.00000000 ~~8.05899160~~ 410.73338565 0.~~41073339~~00000000 80.~~05899160~~00000000 410.73338565 B-3 0.00000000 ~~8.05899144~~ 410.73338416 0.~~41073338~~00000000 80.~~05899144~~00000000 410.73338416 B-4 0.00000000 ~~8.05899322~~ 410.73338684 0.~~41073339~~00000000 80.~~05899322~~00000000 410.73338684 B-5 0.00000000 ~~8.05898876~~ 410.73338684 0.~~41073339~~00000000 80.~~05898876~~00000000 410.73338684 B-6 042.~~00000000~~85962637 ~~8.05899384~~ 410.73354819 0.~~41073355~~00000000 80.~~05899384~~00000000 367.87392182 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 I-A 76,399,700.00 5.~~22662~~24094% 7,~~522~~198,~~554~~616.2465 3231,~~764~~439.62 0.00 0.00 II-A 187,728,800.00 5.~~15991~~15592% 15,~~960~~513,~~094~~403.4997 6866,~~627~~654.2185 0.00 0.00 II-X 0.00 0.64500% 15,~~960~~513,~~094~~403.4997 8,~~578~~338.5545 0.00 0.00 III-A 45,480,600.00 6.~~09494~~08068% 65,~~314~~751,~~826~~145.04 3229,~~073~~142.7442 0.00 0.00 IV-A 275,388,100.00 4.~~69499~~72621% 4,~~276~~004,~~006~~572.9536 1615,~~729~~772.8303 0.00 0.00 V-A 32,683,300.00 5.~~39630~~40848% 109,~~102~~317,~~329~~743.4256 4541,~~429~~995.3773 0.00 0.00 VI-A 41,117,300.00 5.~~76582~~76572% 4,~~321~~314,~~643~~330.9477 20,~~764~~729.8437 0.00 0.00 VII-A 62,630,800.00 6.~~37715~~37822% 8,~~765~~741,~~788~~142.5926 46,~~583~~460.9476 0.00 0.00 X 0.00 0.20650% 65,~~759~~614,~~809~~827.8254 ~~1,163~~966.2522 0.00 0.00 B-1 11,587,500.00 5.~~40215~~41597% 4,~~852~~759,~~756~~373.6610 21,~~846~~480.1150 0.00 0.00 B-2 5,606,900.00 5.~~40215~~41597% 2,~~348~~302,~~126~~941.9802 10,~~570~~393.7888 0.00 0.00 B-3 3,738,000.00 5.~~40215~~41597% 1,~~565~~535,~~445~~321.9039 76,~~047~~929.3237 0.00 0.00 B-4 2,242,800.00 5.~~40215~~41597% ~~939~~921,~~267~~192.5484 4,~~228~~157.3962 0.00 0.00 B-5 1,495,200.00 5.~~40215~~41597% ~~626~~614,~~178~~128.3656 2,~~818~~771.9375 0.00 0.00 B-6 1,495,580.00 5.~~40215~~41597% ~~626~~614,~~337~~284.7588 2,~~819~~772.6446 0.00 0.00 R-I 50.00 50.~~38634~~00000% 0.00 0.00 0.00 0.00 R-II 50.00 50.~~38634~~00000% 0.00 0.00 0.00 0.00 R-III 50.00 50.~~38634~~00000% 0.00 0.00 0.00 0.00 Totals 747,594,730.00 ~~322~~310,~~046~~005.5203 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 I-A 0.00 0.00 3231,~~764~~439.6261 0.00 ~~7,198,616~~0.6500 II-A 0.0001 0.00 6866,~~627~~654.2184 0.00 ~~15,513,403~~0.9700 II-X 0.00 0.00 8,~~578~~338.5545 0.00 ~~15,513,403~~0.9700 III-A 0.00 0.00 3229,~~073~~142.7442 0.00 ~~5,751,145~~0.0400 IV-A 0.00 0.00 1615,~~729~~772.8303 0.00 ~~4,004,572~~0.3600 V-A 0.00 0.00 4541,~~429~~995.3772 0.00 ~~9,317,743~~0.5600 VI-A 0.00 0.00 20,~~764~~729.8437 0.00 ~~4,314,330~~0.7700 VII-A 0.0001 0.00 46,~~583~~460.9475 0.00 ~~8,741,142~~0.2600 X 0.00 0.00 ~~1,163~~966.2522 0.52 ~~5,614,827~~0.5400 B-1 0.00 0.00 21,~~846~~480.1150 0.00 ~~4,759,373~~0.1000 B-2 0.00 0.00 10,~~570~~393.7887 0.00 ~~2,302,941~~0.0200 B-3 0.00 0.00 76,~~047~~929.3237 0.00 ~~1,535,321~~0.3900 B-4 0.00 0.00 4,~~228~~157.3962 0.00 ~~921,192~~0.8400 B-5 0.00 0.00 2,~~818~~771.9375 0.00 ~~614,128~~0.5600 B-6 0.00 0.00 2,~~819~~772.6445 0.00 ~~614,284~~0.8800 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.0001 0.00 0.00 Totals 0.0002 0.00 ~~322~~310,~~046~~004.5298 0.52 (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 I-A 76,399,700.00 5.~~22662~~24094% 9894.~~46313847~~22310101 0.~~42885797~~41151497 0.00000000 0.00000000 II-A 187,728,800.00 5.~~15991~~15592% 8582.~~01676083~~63731495 0.~~36556570~~35505927 0.00000000 0.00000000 II-X 0.00 0.64500% 8582.~~01676083~~63731495 0.~~04569650~~04441753 0.00000000 0.00000000 III-A 45,480,600.00 6.~~09494~~08068% ~~138~~126.~~84658602~~45270819 0.~~70521805~~64076595 0.00000000 0.00000000 IV-A 275,388,100.00 4.~~69499~~72621% 1514.~~52720306~~54155920 0.~~06075001~~05727201 0.00000000 0.00000000 V-A 32,683,300.00 5.~~39630~~40848% ~~309~~285.~~09759480~~09188362 1.~~38998724~~28492931 0.00000000 0.00000000 VI-A 41,117,300.00 5.~~76582~~76572% ~~105~~104.~~10524621~~92738507 0.~~50501468~~50415202 0.00000000 0.00000000 VII-A 62,630,800.00 6.~~37715~~37822% 139.~~95970976~~56619203 0.~~74378644~~74181968 0.00000000 0.00000000 X 0.00 0.20650% 4739.~~26375562~~25818089 0.~~00813330~~00675569 0.00000000 0.00000000 B-1 11,587,500.00 5.~~40215~~41597% ~~418~~410.~~79237627~~73338511 1.~~88531694~~85376483 0.00000000 0.00000000 B-2 5,606,900.00 5.~~40215~~41597% ~~418~~410.~~79237725~~73338565 1.~~88531631~~85376590 0.00000000 0.00000000 B-3 3,738,000.00 5.~~40215~~41597% ~~418~~410.~~79237560~~73338416 1.~~88531835~~85376404 0.00000000 0.00000000 B-4 2,242,800.00 5.~~40215~~41597% ~~418~~410.~~79237560~~73338684 1.~~88531746~~85376315 0.00000000 0.00000000 B-5 1,495,200.00 5.~~40215~~41597% ~~418~~410.~~79237560~~73338684 1.~~88531969~~85376538 0.00000000 0.00000000 B-6 1,495,580.00 5.~~40215~~41597% ~~418~~410.~~79254202~~73354819 1.~~88531540~~85376911 0.00000000 0.00000000 R-I 50.00 50.~~38634~~00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 50.~~38634~~00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 50.~~38634~~00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 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 I-A 0.00000000 0.00000000 0.~~42885797~~41151484 0.00000000 940.~~22310101~~00000000 II-A 0.~~00000000~~00000005 0.00000000 0.~~36556570~~35505921 0.00000000 820.~~63731495~~00000000 II-X 0.00000000 0.00000000 0.~~04569650~~04441753 0.00000000 820.~~63731495~~00000000 III-A 0.00000000 0.00000000 0.~~70521805~~64076595 0.00000000 ~~126~~0.~~45270819~~00000000 IV-A 0.00000000 0.00000000 0.~~06075001~~05727201 0.00000000 140.~~54155920~~00000000 V-A 0.00000000 0.00000000 1.~~38998724~~28492900 0.00000000 ~~285~~0.~~09188362~~00000000 VI-A 0.00000000 0.00000000 0.~~50501468~~50415202 0.00000000 ~~104~~0.~~92738507~~00000000 VII-A 0.~~00000000~~00000016 0.00000000 0.~~74378644~~74181952 0.00000000 ~~139~~0.~~56619203~~00000000 X 0.00000000 0.00000000 0.~~00813330~~00675569 0.00000364 390.~~25818089~~00000000 B-1 0.00000000 0.00000000 1.~~88531694~~85376483 0.00000000 ~~410~~0.~~73338511~~00000000 B-2 0.00000000 0.00000000 1.~~88531631~~85376411 0.00000000 ~~410~~0.~~73338565~~00000000 B-3 0.00000000 0.00000000 1.~~88531835~~85376404 0.00000000 ~~410~~0.~~73338416~~00000000 B-4 0.00000000 0.00000000 1.~~88531746~~85376315 0.00000000 ~~410~~0.~~73338684~~00000000 B-5 0.00000000 0.00000000 1.~~88531969~~85376538 0.00000000 ~~410~~0.~~73338684~~00000000 B-6 0.00000000 0.00000000 1.~~88531540~~85376242 0.00000000 ~~410~~0.~~73354819~~00000000 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.~~00000000~~20000000 0.00000000 0.00000000 (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 0.00 Deposits Payments of Interest and Principal 265,~~976~~909,~~989~~363.8242 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 17,~~216~~632.0397 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0(64,100.00) Prepayment Penalties 0.00 Total Deposits 265,~~978~~852,~~205~~896.8539 Withdrawals Reimbursement for Servicer Advances 41,~~716~~216.03 Payment of Service Fee 1817,~~282~~578.8498 Payment of Interest and Principal 265,~~955~~834,~~206~~101.9838 Total Withdrawals (Pool Distribution Amount) 265,~~978~~852,~~205~~896.8539 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 1817,~~282~~578.8498 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 1817,~~282~~578.8498

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 03 0 0 0 03 01,134,451.0001 0.00 0.00 0.00 01,134,451.0001 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 1 1 0.00 0.00 0.00 228,900.00 228,900.00 Totals 03 0 0 1 14 01,134,451.0001 0.00 0.00 228,900.00 ~~228~~1,~~900~~363,351.0001 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 01.~~000000~~796407% 0.000000% 0.000000% 0.000000% 01.~~000000~~796407% 01.~~000000~~724957% 0.000000% 0.000000% 0.000000% 01.~~000000~~724957% 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.~~552486~~598802% 0.~~552486~~598802% 0.000000% 0.000000% 0.000000% 0.~~321286~~348047% 0.~~321286~~348047% Totals 01.~~000000~~796407% 0.000000% 0.000000% 0.~~552486~~598802% 02.~~552486~~395210% 01.~~000000~~724957% 0.000000% 0.000000% 0.~~321286~~348047% 02.~~321286~~073004%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP 1 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 0398,963.0042 0.00 0.00 0.00 0398,963.0042 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 01 0 0 0 01 0398,963.0042 0.00 0.00 0.00 0398,963.0042 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 04.~~000000~~545455% 0.000000% 0.000000% 0.000000% 04.~~000000~~545455% 05.~~000000~~135346% 0.000000% 0.000000% 0.000000% 05.~~000000~~135346% 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 04.~~000000~~545455% 0.000000% 0.000000% 0.000000% 04.~~000000~~545455% 05.~~000000~~135346% 0.000000% 0.000000% 0.000000% 05.~~000000~~135346% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP 2 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 0200,113.0074 0.00 0.00 0.00 0200,113.0074 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 1 1 0.00 0.00 0.00 228,900.00 228,900.00 Totals 01 0 0 1 12 0200,113.0074 0.00 0.00 228,900.00 ~~228~~429,~~900~~013.0074 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 02.~~000000~~040816% 0.000000% 0.000000% 0.000000% 02.~~000000~~040816% 01.~~000000~~156938% 0.000000% 0.000000% 0.000000% 01.~~000000~~156938% 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% 12.~~923077~~040816% 12.~~923077~~040816% 0.000000% 0.000000% 0.000000% 1.~~250509~~323363% 1.~~250509~~323363% Totals 02.~~000000~~040816% 0.000000% 0.000000% 12.~~923077~~040816% 14.~~923077~~081633% 01.~~000000~~156938% 0.000000% 0.000000% 1.~~250509~~323363% 12.~~250509~~480300% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP 3 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP 4 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP 5 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP 6 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP 7 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 0535,373.0085 0.00 0.00 0.00 0535,373.0085 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 01 0 0 0 01 0535,373.0085 0.00 0.00 0.00 0535,373.0085 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 03.~~000000~~703704% 0.000000% 0.000000% 0.000000% 03.~~000000~~703704% 06.~~000000~~153242% 0.000000% 0.000000% 0.000000% 06.~~000000~~153242% 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 03.~~000000~~703704% 0.000000% 0.000000% 0.000000% 03.~~000000~~703704% 06.~~000000~~153242% 0.000000% 0.000000% 0.000000% 06.~~000000~~153242% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 8 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 17,~~216~~632.0397

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 671,195,030.00 89.78059944% ~~58,389,579~~0.7500 820.~~00435392~~00000000% 100.~~109987~~000000% 0.000000% Class 2A 483,466,230.00 64.66956101% ~~42,876,175~~0.7800 600.~~21679053~~00000000% 210.~~787563~~000000% ~~144~~0.~~347771~~000000% Class 3A 437,985,630.00 58.58597077% ~~37,125,030~~0.7400 520.~~13968268~~00000000% 80.~~077108~~000000% 530.~~512754~~000000% Class X 26,166,130.00 3.50004206% ~~10,747,241~~0.7900 150.~~09379967~~00000000% 0.000000% 0.000000% Class B-1 14,578,630.00 1.95007126% ~~5,987,868~~0.6900 80.~~40957077~~00000000% 60.~~684229~~000000% 440.~~284601~~000000% Class B-2 8,971,730.00 1.20007935% ~~3,684,927~~0.6700 50.~~17524041~~00000000% 30.~~234330~~000000% 210.~~428205~~000000% Class B-3 5,233,730.00 0.70007583% ~~2,149,606~~0.2800 30.~~01898172~~00000000% 20.~~156259~~000000% 140.~~285725~~000000% Class B-4 2,990,930.00 0.40007371% ~~1,228,413~~0.4400 10.~~72522650~~00000000% 10.~~293755~~000000% 80.~~571435~~000000% Class B-5 1,495,730.00 0.20007230% ~~614,284~~0.8800 0.~~86272302~~00000000% 0.~~862503~~000000% 50.~~714290~~000000% Class B-6 150.00 0.00002006% 0.00 0.00000000% 0.~~862723~~000000% 50.~~715744~~000000% Class R-I 100.00 0.00001338% 0.00 0.00000000% 0.000000% 0.000000% Class R-II 50.00 0.00000669% 0.00 0.00000000% 0.000000% 0.000000% Class R-III 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~453312~~527866% Weighted Average Net Coupon 5.~~160713~~231603% Weighted Average Pass-Through Rate 5.~~154039~~224582% Weighted Average Maturity(Stepdown Calculation ) ~~334~~0 Beginning Scheduled Collateral Loan Count ~~188~~181 Number Of Loans Paid In Full 714 Ending Scheduled Collateral Loan Count ~~181~~167 Beginning Scheduled Collateral Balance 7471,~~981~~203,~~166~~023.6794 Ending Scheduled Collateral Balance ~~71,203,023~~0.9400 Ending Actual Collateral Balance at 31-~~Jul~~Aug-2004 7165,~~244~~766,~~955~~918.6082 Monthly P &I Constant ~~396~~328,~~679~~000.2262 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 064,100.00 Cumulative Realized Loss 064,100.00 Class A Optimal Amount 255,~~693~~101,~~841~~487.1484 Ending Scheduled Balance for Premium Loans ~~71,203,023~~0.9400 Scheduled Principal ~~55,932~~0.8100 Unscheduled Principal 371,~~722~~203,~~209~~023.9294

Miscellaneous Reporting Senior Percentage Group 1 86.~~418626~~142268% Senior Prepayment Percentage Group 1 93.~~209313~~071134% Subordinate Percentage Group 1 13.~~581374~~857732% Subordinate Prepayment Pct. Group 1 6.~~790687~~928866% Average Loss Severity Group 1 0 Senior Percentage Group 2 84.~~997370~~805482% Senior Prepayment Percentage Group 2 92.~~498685~~402741% Subordinate Percentage Group 2 15.~~002630~~194518% Subordinate Prepayment Pct. Group 2 7.~~501315~~597259% Average Loss Severity Group 2 064,100 Senior Percentage Group 3 8988.~~184809~~689086% Senior Prepayment Percentage Group 3 94.~~592405~~344543% Subordinate Percentage Group 3 1011.~~815191~~310914% Subordinate Prepayment Pct. Group 3 5.~~407595~~655457% Average Loss Severity Group 3 0 Senior Percentage Group 4 5251.~~754287~~694483% Senior Prepayment Percentage Group 4 7675.~~377144~~847241% Subordinate Percentage Group 4 4748.~~245713~~305517% Subordinate Prepayment Pct. Group 4 2324.~~622856~~152759% Average Loss Severity Group 4 0 Senior Percentage Group 5 93.~~354382~~087427% Senior Prepayment Percentage Group 5 96.~~677191~~543713% Subordinate Percentage Group 5 6.~~645618~~912573% Subordinate Prepayment Pct. Group 5 3.~~322809~~456287% Average Loss Severity Group 5 0 Senior Percentage Group 6 88.~~344857~~339306% Senior Prepayment Percentage Group 6 94.~~172428~~169653% Subordinate Percentage Group 6 11.~~655143~~660694% Subordinate Prepayment Pct. Group 6 5.~~827572~~830347% Average Loss Severity Group 6 0 Senior Percentage Group 7 89.~~083080~~069048% Senior Prepayment Percentage Group 7 94.~~541540~~534524% Subordinate Percentage Group 7 10.~~916920~~930952% Subordinate Prepayment Pct. Group 7 5.~~458460~~465476% Average Loss Severity Group 7 0

Group Level Collateral Statement Group GROUP 1 GROUP 2 GROUP 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~521435~~537607 6.~~086991~~083823 6.~~456312~~440819 Weighted Average Net Rate 5.~~226621~~240941 5.~~804911~~800917 6.~~094942~~080683 Weighted Average Maturity ~~333~~332 ~~333~~332 ~~333~~332 Beginning Loan Count 2524 5452 1917 Loans Paid In Full 1 2 23 0 Ending Loan Count 2422 5249 17 Beginning Scheduled Balance 8,~~704~~356,~~783~~660.4726 18,~~777~~292,~~162~~925.7189 76,~~080~~484,~~607~~614.2016 Ending scheduled Balance ~~8,356,660~~0.2600 ~~18,292,925~~0.8900 ~~6,484,614~~0.1600 Record Date 0708/31/2004 0708/31/2004 0708/31/2004 Principal And Interest Constant 4838,~~087~~563.9025 ~~111~~92,~~539~~742.8244 3934,~~633~~805.1619 Scheduled Principal ~~8,035~~0.4900 ~~16,292~~0.8100 ~~1,537~~0.6500 Unscheduled Principal ~~340~~8,~~087~~356,660.7226 ~~467~~18,~~944~~292,925.0189 ~~594~~6,~~455~~484,614.3916 Scheduled Interest 4038,~~052~~563.4125 9592,~~247~~742.0144 3834,~~095~~805.5119 Servicing Fees 2,~~138~~065.5795 4,~~413~~312.8866 21,~~132~~946.2712 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 0.00 0.00 0.00 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 3736,~~913~~497.8430 9088,~~833~~429.1378 3532,~~963~~859.2407 Realized Loss Amount 0.00 064,100.00 0.00 Cumulative Realized Loss 0.00 064,100.00 0.00 Percentage of Cumulative Losses 0.0000 064,100.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.~~226622~~240943 5.~~804910~~800917 6.~~094941~~080685

Group Level Collateral Statement Group GROUP 4 GROUP 5 GROUP 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.~~944987~~976206 5.~~806005~~820956 6.~~140816~~140725 Weighted Average Net Rate 4.~~694987~~726206 5.~~442548~~458435 5.~~765817~~765724 Weighted Average Maturity ~~335~~ 334 ~~334~~333 333 Beginning Loan Count 2019 2625 14 Loans Paid In Full 10 13 04 Ending Loan Count 19 2522 1410 Beginning Scheduled Balance 87,~~105~~746,~~515~~614.5364 10,~~821~~009,~~483~~669.8725 4,~~891~~883,~~788~~817.9482 Ending scheduled Balance ~~7,746,614~~0.6400 ~~10,009,669~~0.2500 ~~4,883,817~~0.8200 Record Date 0708/31/2004 0708/31/2004 0708/31/2004 Principal And Interest Constant 4432,~~761~~123.8396 5948,~~993~~554.6587 2824,~~352~~991.1782 Scheduled Principal ~~11,360~~0.4400 ~~7,635~~0.6600 ~~3,319~~0.1900 Unscheduled Principal ~~347~~7,~~540~~746,614.4564 ~~804~~10,~~178~~009,669.9625 4,~~651~~883,817.9382 Scheduled Interest 3332,~~401~~123.3996 5248,~~357~~554.9987 2524,~~032~~991.9882 Servicing Fees 1,~~688~~613.6588 3,~~277~~023.6293 1,~~528~~526.6820 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 0.00 ~~417~~416.0265 0.00 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 3130,~~712~~510.7408 4845,~~663~~114.3529 23,~~504~~465.3062 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.~~694987~~726206 5.~~396304~~408485 5.~~765816~~765725

Group Level Collateral Statement Group GROUP 7 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.~~752148~~753218 5.~~453312~~527866 Weighted Average Net Rate 6.~~377149~~378218 5.~~160713~~231603 Weighted Average Maturity ~~333~~332.00 ~~334~~0.00 Record Date 0708/31/2004 0708/31/2004 Principal And Interest Constant 5655,~~258~~229.7547 ~~388~~327,~~627~~011.2800 Beginning Loan Count 29 ~~187~~180 Loans Paid In Full 02 714 Ending Loan Count 2927 ~~180~~166 Beginning Scheduled Balance 9,~~840~~813,~~015~~894.1338 6865,~~221~~588,~~356~~196.8540 Ending Scheduled Balance ~~9,813,894~~0.3800 ~~65,588,196~~0.4000 Scheduled Principal ~~891~~0.0500 ~~49,072~~0.2900 Unscheduled Principal 259,~~229~~813,894.7038 265,~~584~~588,~~088~~196.1640 Scheduled Interest 55,~~367~~229.7047 ~~339~~327,~~554~~011.9900 Servicing Fee 3,~~075~~066.0084 1817,~~254~~555.6758 Master Servicing Fee 0.00 0.00 Trustee Fee 0.00 0.00 Fry Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 ~~417~~416.0265 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 52,~~292~~162.7063 ~~320~~309,~~883~~038.3077 Realized Loss Amount 0.00 064,100.00 Cumulative Realized Loss 0.00 064,100.00 Percentage of Cumulative Losses 0.0000 064,100.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.~~377148~~378218 5.~~154039~~224582

Filing Compare · BEAR STEARNS ARM TRUST MORTGAGE PASS THRO CERT SERIES 2002-8