8-K 1 sasc0217_200210.htm MONTHLY DISTRIBUTION STATEMENTS 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: August 30, 2002
(Date of earliest event reported)

Structured Asset Securities Corporation
(as Depositor under the Trust Agreement, dated as of August 1, 2002,
providing for the issuance of Mortgage Pass-Through Certificates,
Series 2002-17)

Structured Asset Securities Corporation
(Exact name of registrant as specified in charter)

Delaware 333-92140 74-2440850
(State or other juris- (Commission (I.R.S. Employer
diction of organization) File No.) Identification No.)

745 Seventh Avenue, 7th Floor, New York, NY. 10019
(Address of principal executive offices) (Zip Code)

Registrant's Telephone Number, including area code (212)526-7000

No Change
(Former name or former address, if changed since last report.)

ITEM 5. OTHER EVENTS

This current report on Form 8-K relates to the monthly distribution
reported to the holders of Structured Asset Securities Corporation
Mortgage Pass-Through Certificates Series 2002-17,
which was made on October 25, 2002.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS

(c) Exhibits

Exhibit No. Description

99.1 Monthly distribution report pursuant to Section 4.03 of the
Trust Agreement for distribution on October 25, 2002.

Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on behalf of
the Registrant by the undersigned thereunto duly authorized.

LASALLE BANK NATIONAL ASSOCIATION,
IN ITS CAPACITY AS TRUSTEE
UNDER THE TRUST AGREEMENT ON
BEHALF OF STRUCTURED ASSET
SECURITIES CORPORATION

By: /s Russell Goldenberg
Russell Goldenberg,
Group Senior Vice President

Date: October 25, 2002

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

STATEMENT DATE:

10/25/2002

MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

10/25/2002

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

SERIES 2002-17

PRIOR PAYMENT:

09/25/2002

NEXT PAYMENT:

11/25/2002

RECORD DATE:

09/30/2002

ABN AMRO ACCT: 67-9076-20-8

ADMINISTRATOR:

REPORTING PACKAGE TABLE OF CONTENTS

ANALYST:

CHRISTOPHER LEWIS (312) 904-7992

HUNG HUYNH 714-238-6716

CHRISTOPHER.LEWIS@ABNAMRO.COM

HUNG.B.HUYNH@ABNAMRO.COM

PAGE(S)

ISSUE ID:

SASC0217

CLOSING DATE:

8/30/2002

STATEMENTS TO CERTIFICATEHOLDERS

PAGE 2-4

CASH RECONCILIATION SUMMARY

PAGE 5

FIRST PAYMENT DATE:

9/25/2002

MONTHLY DATA FILE NAME:

BOND INTEREST RECONCILIATION

PAGE 6

ASSUMED FINAL PAYMENT: DATE:

8/30/2032

SASC0217_200210_3.ZIP

OTHER RELATED INFORMATION

PAGE 7

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 8

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 9-10

ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY

PAGE 11

MODIFIED LOAN DETAIL

PAGE 12

REALIZED LOSS DETAIL

PAGE 13

PARTIES TO THE TRANSACTION

DEPOSITOR: STRUCTURED ASSET SECURITIES CORPORATION

UNDERWRITER: LEHMAN BROTHERS INC./LEHMAN CAPITAL

MASTER SERVICER: AURORA LOAN SERVICES, INC.

SPECIAL SERVICER: AURORA LOAN SERVICES, INC.

RATING AGENCY: MOODY'S INVESTORS SERVICE, INC./STANDARD & POOR'S RATING SERVICES

INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES

LASALLE WEB SITE

WWW.ETRUSTEE.NET

LASALLE FACTOR LINE

(800) 246-5761

10/23/2002 - 11:51 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.

PAGE 1 OF 13





	ABN AMRO

	LASALLE BANK		N.A.
*STRUCTURED ASSET SECURITIES CORPORATION*

										*MORTGAGE PASS-THROUGH CERTIFICATES*																											STATEMENT DATE:							10/25/2002

										*SERIES 2002-17*																											PAYMENT DATE:					10/25/2002

WAC:						7.177498%																															PRIOR PAYMENT:						09/25/2002
																																		NEXT PAYMENT:						11/25/2002
WAMM:						287
																																		RECORD DATE:							09/30/2002
CURRENT INDEX:						1.813750%
NEXT INDEX:						1.830000%				*REMIC IV*
										*ABN AMRO ACCT: 67-9076-20-8*


									ORIGINAL							OPENING		PRINCIPAL			PRINCIPAL			NEGATIVE				CLOSING					INTEREST				INTEREST			PASS-THROUGH
				CLASS				FACE VALUE (1)								BALANCE		PAYMENT			ADJ. OR LOSS			AMORTIZATION				BALANCE					PAYMENT (2)				ADJUSTMENT			RATE

			CUSIP												PER $ 1000				PER $ 1000			PER $ 1000			PER $ 1000				PER $ 1000						PER $ 1000		PER $ 1000	NEXT RATE(3)
	1-A1						72,809,000.00					71,728,081.42					1,484,272.88			0.00			0.00				70,243,808.54				313,810.36					0.00			5.25000000%
	86358R6G7													985.154052658			20.385843508			0.000000000			0.000000000				964.768209150					4.310049032				0.000000000					FIXED

	1-A2						15,000,000.00					14,809,119.00					731,952.79			0.00			0.00				14,077,166.21				70,960.36					0.00			5.75000000%
	86358R6H5													987.274600000			48.796852667			0.000000000			0.000000000				938.477747333					4.730690667				0.000000000					FIXED

	1-A3						111,150,000.00					109,534,861.80					2,734,663.24			0.00			0.00				106,800,198.56				547,674.31					0.00			6.00000000%
	86358R6J1													985.468842105			24.603357985			0.000000000			0.000000000				960.865484121					4.927344220				0.000000000					FIXED

	1-A4						48,041,000.00					47,338,741.78					1,126,140.52			0.00			0.00				46,212,601.27				93,247.46					0.00			2.36375000%
	86358R6K8													985.382106534			23.441238109			0.000000000			0.000000000				961.940868633					1.940997481				0.000000000					2.380000000%

	1-A5						48,041,000.00				N	47,338,741.78					0.00			0.00			0.00				46,212,601.26				242,122.18					53.55			6.13625000%
	86358R6L6													985.382106534			0.000000000			0.000000000			0.000000000				961.940868425					5.039907163				0.001114673					6.120000000%

	1-A6						8,541,000.00					8,541,000.00					0.00			0.00			0.00				8,541,000.00				44,484.38					0.00			6.25000000%
	86358R6M4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.208333919				0.000000000					FIXED

	1-A7						30,000,000.00					30,000,000.00					0.00			0.00			0.00				30,000,000.00				156,250.00					0.00			6.25000000%
	86358R6N2													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.208333333				0.000000000					FIXED

	1-AP						1,120,031.00					1,118,850.28					24,118.71			0.00			0.00				1,094,731.57				0.00					0.00			N/A
	86358R6P7													998.945814893			21.533966471			0.000000000			0.000000000				977.411848422					0.000000000				0.000000000

	1-AX						34,449,085.00				N	33,572,053.25					0.00			0.00			0.00				32,503,670.93				174,854.44					0.00			6.25000000%
	86358R6Q5													974.541217858			0.000000000			0.000000000			0.000000000				943.527844934					5.075735393				0.000000000					FIXED

	1-PAX						7,706,213.00				N	7,701,006.60					0.00			0.00			0.00				7,695,214.91				40,109.41					0.00			6.25000000%
	86358R6R3													999.324389295			0.000000000			0.000000000			0.000000000				998.572828184					5.204814609				0.000000000					FIXED

	2-A1						50,000,000.00					49,583,697.54					431,762.14			0.00			0.00				49,151,935.40				171,476.95					0.00			4.15000000%
	86358R6S1													991.673950800			8.635242800			0.000000000			0.000000000				983.038708000					3.429539000				0.000000000					FIXED

	2-A2						45,421,000.00					45,042,822.52					392,221.37			0.00			0.00				44,650,601.15				172,664.15					0.00			4.60000000%
	86358R6T9													991.673950816			8.635242949			0.000000000			0.000000000				983.038707866					3.801416746				0.000000000					FIXED

	2-A3						24,726,739.00				N	24,463,179.31					0.00			0.00			0.00				24,209,123.55				117,270.70					51.30			5.75000000%
	86358R6U6													989.341105999			0.000000000			0.000000000			0.000000000				979.066570404					4.742667442				0.002074677					FIXED

	2-A4						15,000,000.00					14,449,107.60					1,392,179.97			0.00			0.00				13,056,927.63				69,235.31					0.00			5.75000000%
	86358R6V4													963.273840000			92.811998000			0.000000000			0.000000000				870.461842000					4.615687333				0.000000000					FIXED

	2-A5						49,723,000.00					47,650,595.27					1,594,732.90			0.00			0.00				46,055,862.37				220,384.00					0.00			5.55000000%
	86358R6W2													958.321003761			32.072338757			0.000000000			0.000000000				926.248665004					4.432234580				0.000000000					FIXED

	2-A6						1,000,000.00					1,004,791.67					0.00			0.00			4,814.63				1,009,606.30				0.00					0.00			5.75000000%
	86358R6X0													1004.791670000			0.000000000			0.000000000			4.814630000				1009.606300000					0.000000000				0.000000000					FIXED

	2-AP						383,162.00					380,214.11					1,646.54			0.00			0.00				378,567.57				0.00					0.00			N/A
	86358R6Y8													992.306413475			4.297242420			0.000000000			0.000000000				988.009171056					0.000000000				0.000000000

	2-AX						22,846,725.00				N	22,431,757.65					0.00			0.00			0.00				21,985,332.40				107,485.51					0.00			5.75000000%
	86358R6Z5													981.836900037			0.000000000			0.000000000			0.000000000				962.296889379					4.704635347				0.000000000					FIXED

	B1						10,793,000.00					10,773,840.35					19,230.26			0.00			0.00				10,754,610.09				54,498.90					0.00			6.07013643%
	86358R7A9													998.224807746			1.781734458			0.000000000			0.000000000				996.443073288					5.049467247				0.000000000					6.073814888%

	B2						3,754,000.00					3,747,335.93					6,688.63			0.00			0.00				3,740,647.30				18,955.70					0.00			6.07013643%
	86358R7B7													998.224808205			1.781734150			0.000000000			0.000000000				996.443074054					5.049467235				0.000000000					6.073814888%

	B3						2,815,000.00					2,810,002.84					5,015.58			0.00			0.00				2,804,987.26				14,214.25					0.00			6.07013643%
	86358R7C5													998.224809947			1.781733570			0.000000000			0.000000000				996.443076377					5.049467140				0.000000000					6.073814888%

	B4						1,172,000.00					1,169,919.48					2,088.19			0.00			0.00				1,167,831.29				5,917.98					0.00			6.07013643%
	86358R7E1/U8599KAM4													998.224812287			1.781732082			0.000000000			0.000000000				996.443080205					5.049470990				0.000000000					6.073814888%

	B5						1,407,000.00					1,404,502.31					2,506.90			0.00			0.00				1,401,995.41				7,104.60					0.00			6.07013643%
	86358R7F8/U8599KAN2													998.224811656			1.781734186			0.000000000			0.000000000				996.443077470					5.049466951				0.000000000					6.073814888%

	B6						1,178,117.84					1,176,026.45					2,099.09			0.00			0.00				1,173,927.36				5,948.87					0.00			6.07013643%
	86358R7G6/U8599KAP7													998.224804065			1.781731783			0.000000000			0.000000000				996.443072282					5.049469415				0.000000000					6.073814888%

	RI						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00			N/A
	9ABSI937													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000

	RII						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00			N/A
	9ABSI938													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000

	RIII						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00			N/A
	9ABSI939													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000

	RIV						100.00					0.00					0.00			0.00			0.00				0.00				3.49					3.49			6.25000000%
	9ABSI940													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					34.900000000				34.900000000					FIXED



		TOTAL			469,307,410.84								462,263,510.35				9,951,319.71			0.00			4,814.63				452,317,005.28				2,648,673.31					108.34

																										TOTAL P&I PAYMENT				12,599,993.02


	P			0.00	0.00			0.00	0.00	0.00		0.00		0.00		0.00		N/A
	9ABSI935						0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000

	E			0.00	0.00			0.00	0.00	0.00		0.00		0.00		0.00		N/A
	9ABSI936						0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000



		TOTAL	0.00			0.00		0.00	0.00	0.00		0.00		0.00		0.00

											TOTAL P&I PAYMENT		0.00


NOTES: (1) N DENOTES NOTIONAL BALANCE NOT INCLUDED IN TOTAL (2) ACCRUED INTEREST PLUS/MINUS INTEREST ADJUSTMENT MINUS DEFERRED INTEREST EQUALS INTEREST PAYMENT (3) ESTIMATED. * DENOTES CONTROLLING CLASS
10/23/2002 - 11:51 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.																	PAGE 2 OF 13





		ABN AMRO

		LASALLE BANK	N.A.
	*STRUCTURED ASSET SECURITIES CORPORATION*
	*MORTGAGE PASS-THROUGH CERTIFICATES*																									STATEMENT DATE:					10/25/2002
																									PAYMENT DATE:								10/25/2002
					*SERIES 2002-17*																									PRIOR PAYMENT:							09/25/2002
																									NEXT PAYMENT:								11/25/2002
																									RECORD DATE:								09/30/2002
					*ABN AMRO ACCT: 67-9076-20-8*


*CASH RECONCILIATION SUMMARY*



				INTEREST SUMMARY								PRINCIPAL SUMMARY																				SERVICING FEE SUMMARY
				CURRENT SCHEDULED INTEREST		555,827.00				SCHEDULED PRINCIPAL:
				LESS DEFERRED INTEREST		0.00				CURRENT SCHEDULED PRINCIPAL							188,914.50										CURRENT SERVICING FEES									21,980.02
				LESS PPIS REDUCING SCHEDULED INT		0.00																					PLUS FEES ADVANCED FOR PPIS									0.00
										ADVANCED SCHEDULED PRINCIPAL							634,825.72										LESS REDUCTION FOR PPIS									0.00
				PLUS GROSS ADVANCE INTEREST		2,119,536.11				SCHEDULED PRINCIPAL										823,740.22
				LESS ASER INTEREST ADV REDUCTION					0.00																		PLUS DELINQUENT SERVICING FEES									89,549.80
				LESS OTHER INTEREST NOT ADVANCED		0.00				UNSCHEDULED PRINCIPAL:
				LESS OTHER ADJUSTMENT		0.00				CURTAILMENTS							337,085.59											TOTAL SERVICING FEES									111,529.82
										PREPAYMENTS IN FULL							8,785,679.29
				TOTAL		2,675,363.10
				UNSCHEDULED INTEREST:						LIQUIDATION PROCEEDS							0.00
										REPURCHASE PROCEEDS							0.00
				PREPAYMENT PENALTIES		0.00
				YIELD MAINTENANCE PENALTIES		0.00				OTHER PRINCIPAL PROCEEDS							0.00
				OTHER INTEREST PROCEEDS		104.85				TOTAL UNSCHEDULED PRINCIPAL											9,122,764.88
				TOTAL		104.85				REMITTANCE PRINCIPAL							9,946,505.10

				LESS FEE PAID TO SERVICER		(21,980.02)					REMITTANCE P&I DUE TRUST								12,599,993.03
				LESS FEE STRIPS PAID BY SERVICER		0.00
											REMITTANCE P&I DUE CERTS							12,599,993.03
				LESS FEES & EXPENSES PAID BY/TO SERVICER																											PPIS SUMMARY
				SPECIAL SERVICING FEES			0.00						POOL BALANCE SUMMARY
				WORKOUT FEES		0.00										BALANCE								COUNT			GROSS PPIS									0.00
				LIQUIDATION FEES		0.00
										BEGINNING POOL				462,263,510.34									1,302				REDUCED BY PPIE									0.00
				INTEREST DUE SERV ON ADVANCES		0.00				SCHEDULED PRINCIPAL				823,740.22													REDUCED BY SHORTFALLS IN FEES									0.00
				NON RECOVERABLE ADVANCES		0.00				UNSCHEDULED PRINCIPAL				9,122,764.88								21					REDUCED BY OTHER AMOUNTS									0.00
				MISC. FEES & EXPENSES		0.00				DEFERRED INTEREST				0.00
										LIQUIDATIONS				0.00								0					PPIS REDUCING SCHEDULED INTEREST									0.00
																									PPIS REDUCING SERVICING FEE									0.00
				TOTAL UNSCHEDULED FEES & EXPENSES		0.00				REPURCHASES				0.00								0
				TOTAL INTEREST DUE TRUST		2,653,487.93				ENDING POOL					452,317,005.24							1,281						PPIS DUE CERTIFICATE									0.00
				LESS FEES & EXPENSES PAID BY/TO TRUST																										ADVANCE SUMMARY (ADVANCE MADE BY SERVICER)
																									PRINCIPAL			INTEREST
				TRUSTEE FEE		0.00
				FEE STRIPS		0.00																							PRIOR OUTSTANDING					616,704.30							2,069,398.63
				MISC. FEES		0.00
				INTEREST RESERVE WITHHOLDING		0.00																							PLUS CURRENT PERIOD					634,825.72					2,119,536.11
				PLUS INTEREST RESERVE DEPOSIT		0.00																							LESS RECOVERED					(608,047.21)						(2,004,639.61)
				TOTAL				0.00																					LESS NON RECOVERED					0.00						0.00
																									ENDING OUTSTANDING			643,482.81							2,184,295.13
				TOTAL INTEREST DUE CERTS		2,653,487.93


		10/23/2002 - 11:51 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.																																				PAGE 5 OF 13





	ABN AMRO

	LASALLE BANK		N.A.

					*STRUCTURED ASSET SECURITIES CORPORATION*

															*MORTGAGE PASS-THROUGH CERTIFICATES*																																	STATEMENT DATE:					10/25/2002
																																																PAYMENT DATE:					10/25/2002
															*SERIES 2002-17*
																																																PRIOR PAYMENT:						09/25/2002
																																NEXT PAYMENT:											11/25/2002
																																RECORD DATE:												09/30/2002


															*ABN AMRO ACCT: 67-9076-20-8*
															*BOND INTEREST RECONCILIATION*


																					DEDUCTIONS																				ADDITIONS
																																REMAINING
															ACCRUAL					PASS						ACCRUED
DEFERRED &

						PRIOR					INT ACCRUAL			PREPAY-				OTHER			DISTRIBUTABLE						INTEREST				CURRENT PERIOD					OUTSTANDING
																																CREDIT SUPPORT
													THRU						CERTIFICATE						ALLOCABLE					ACCRETION					INTEREST			INT. SHORT-					ON PRIOR			MENT						INTEREST				CERTIFICATE			PAYMENT		(SHORTFALL)/	INTEREST
			CLASS			METHOD DAYS								RATE				INTEREST						PPIS					INTEREST					LOSS/EXP						FALLS DUE			SHORTFALL (3)				PENALTIES		PROCEEDS (1)
INTEREST (2)

				AMOUNT				RECOVERY				SHORTFALLS		ORIGINAL					CURRENT(4)

		1-A1					30/360		30	5.250000000%							313,810.36						0.00					0.00					0.00						0.00			0.00				0.00				0.00					313,810.36			313,810.36		0.00		0.00	4.50%	4.65%
		1-A2					30/360		30	5.750000000%							70,960.36						0.00					0.00					0.00						0.00			0.00				0.00				0.00					70,960.36			70,960.36		0.00		0.00	4.50%	4.65%
		1-A3					30/360		30	6.000000000%							547,674.31						0.00					0.00					0.00						0.00			0.00				0.00				0.00					547,674.31			547,674.31		0.00		0.00	4.50%	4.65%
		1-A4					30/360		30	2.363750000%							93,247.46						0.00					0.00					0.00						0.00			0.00				0.00				0.00					93,247.46			93,247.46		0.00		0.00	4.50%	4.65%
		1-A5					30/360		30	6.136250000%							242,068.63						0.00					0.00					0.00						0.00			0.00				0.00				0.00					242,068.63			242,122.18		0.00		0.00	4.50%	4.65%
		1-A6					30/360		30	6.250000000%							44,484.38						0.00					0.00					0.00						0.00			0.00				0.00				0.00					44,484.38			44,484.38		0.00		0.00	4.50%	4.65%
		1-A7					30/360		30	6.250000000%							156,250.00						0.00					0.00					0.00						0.00			0.00				0.00				0.00					156,250.00			156,250.00		0.00		0.00	4.50%	4.65%
		1-AP					30/360		30	0.000000000%							0.00						0.00					0.00					0.00						0.00			0.00				0.00				0.00					0.00			0.00		0.00		0.00	4.50%	4.65%
		1-AX					30/360		30	6.250000000%							174,854.44						0.00					0.00					0.00						0.00			0.00				0.00				0.00					174,854.44			174,854.44		0.00		0.00	NA	NA
		1-PAX					30/360		30	6.250000000%							40,109.41						0.00					0.00					0.00						0.00			0.00				0.00				0.00					40,109.41			40,109.41		0.00		0.00	NA	NA
		2-A1					30/360		30	4.150000000%							171,476.95						0.00					0.00					0.00						0.00			0.00				0.00				0.00					171,476.95			171,476.95		0.00		0.00	4.50%	4.65%
		2-A2					30/360		30	4.600000000%							172,664.15						0.00					0.00					0.00						0.00			0.00				0.00				0.00					172,664.15			172,664.15		0.00		0.00	4.50%	4.65%
		2-A3					30/360		30	5.750000000%							117,219.40						0.00					0.00					0.00						0.00			0.00				0.00				0.00					117,219.40			117,270.70		0.00		0.00	NA	NA
		2-A4					30/360		30	5.750000000%							69,235.31						0.00					0.00					0.00						0.00			0.00				0.00				0.00					69,235.31			69,235.31		0.00		0.00	4.50%	4.65%
		2-A5					30/360		30	5.550000000%							220,384.00						0.00					0.00					0.00						0.00			0.00				0.00				0.00					220,384.00			220,384.00		0.00		0.00	4.50%	4.65%
		2-A6					30/360		30	5.750000000%							4,814.63						0.00					4,814.63					0.00						0.00			0.00				0.00				0.00					0.00			0.00		0.00		0.00	4.50%	4.65%
		2-AP					30/360		30	0.000000000%							0.00						0.00					0.00					0.00						0.00			0.00				0.00				0.00					0.00			0.00		0.00		0.00	4.50%	4.65%
		2-AX					30/360		30	5.750000000%							107,485.51						0.00					0.00					0.00						0.00			0.00				0.00				0.00					107,485.51			107,485.51		0.00		0.00	NA	NA
		B1					30/360		30	6.070136430%							54,498.90						0.00					0.00					0.00						0.00			0.00				0.00				0.00					54,498.90			54,498.90		0.00		0.00	2.20%	2.27%
		B2					30/360		30	6.070136430%							18,955.70						0.00					0.00					0.00						0.00			0.00				0.00				0.00					18,955.70			18,955.70		0.00		0.00	1.40%	1.45%
		B3					30/360		30	6.070136430%							14,214.25						0.00					0.00					0.00						0.00			0.00				0.00				0.00					14,214.25			14,214.25		0.00		0.00	0.80%	0.83%
		B4					30/360		30	6.070136430%							5,917.98						0.00					0.00					0.00						0.00			0.00				0.00				0.00					5,917.98			5,917.98		0.00		0.00	0.55%	0.57%
		B5					30/360		30	6.070136430%							7,104.60						0.00					0.00					0.00						0.00			0.00				0.00				0.00					7,104.60			7,104.60		0.00		0.00	0.25%	0.26%
		B6					30/360		30	6.070136430%							5,948.87						0.00					0.00					0.00						0.00			0.00				0.00				0.00					5,948.87			5,948.87		0.00		0.00	0.00%	0.00%
		RIV					30/360		30	N/A							0.00						0.00					0.00					0.00						0.00			0.00				0.00				0.00					0.00			3.49		0.00		0.00	4.50%	4.65%
		P					30/360		30	0.000000000%							0.00						0.00					0.00					0.00						0.00			0.00				0.00				0.00					0.00			0.00		0.00		0.00	NA	NA
		E					30/360		30	0.000000000%							0.00						0.00					0.00					0.00						0.00			0.00				0.00				0.00					0.00			0.00		0.00		0.00	NA	NA
																2,653,379.60						0.00					4,814.63						0.00				0.00					0.00			0.00						0.00				2,648,564.97		2,648,673.31			0.00		0.00

	(1) OTHER INTEREST PROCEEDS ARE ADDITIONAL INTEREST AMOUNTS SPECIFICALLY ALLOCATED TO THE BOND(S) AND USED IN DETERMINING THE BONDS DISTRIBUTABLE INTEREST.
	(2) ACCRUED - DEDUCTIONS + ADDITIONS INTEREST
	(3) WHERE APPLICABLE.
	(4) DETERMINED AS FOLLOWS: (A) THE ENDING BALANCE OF ALL THE CLASSES LESS (B) THE SUM OF (I) THE ENDING BALANCE OF THE CLASS AND (II) THE ENDING BALANCE OF ALL CLASSES WHICH ARE NOT SUBORDINATE TO THE CLASS DIVIDED BY (A).
																																PAGE 6 OF 13
	10/23/2002 - 11:51 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.





		ABN AMRO

		LASALLE BANK		N.A.
	*STRUCTURED ASSET SECURITIES CORPORATION*
	*MORTGAGE PASS-THROUGH CERTIFICATES*																								STATEMENT DATE:				10/25/2002
								*SERIES 2002-17*																							PAYMENT DATE:		10/25/2002
																															PRIOR PAYMENT:			09/25/2002
																															NEXT PAYMENT:				11/25/2002
																															RECORD DATE:					09/30/2002
								*ABN AMRO ACCT: 67-9076-20-8*
								*OTHER RELATED INFORMATION*


						SPECIAL HAZARD COVERAGE						FRAUD LOSS COVERAGE														BANKRUPTCY LOSS COVERAGE


BEGINNING
BALANCE

CURRENT
REDUCTION

ENDING
BALANCE

BEGINNING
BALANCE

CURRENT
REDUCTION

ENDING
BALANCE

BEGINNING
BALANCE

CURRENT
REDUCTION

ENDING
BALANCE

					5,403,487.00				0.00	5,403,487.00	9,386,148.00		0.00	9,386,148.00									100,000.00							0.00		100,000.00




																		GROUP I						GROUP II					TOTAL
							NUMBER OF PAYOFFS:									14						7							21
							AGGREGATE PAYOFF AMOUNTS:								5,817,228.61				2,968,450.68								8,785,679.29
							NUMBER OF CURTAILMENTS:										117				101								218
							AGGREGATE CURTAILMENT AMOUNTS:								90,735.19				260,353.93								337,085.59
							NUMBER OF LOANS IN FORECLOSURE:									0					0								0
							BOOK VALUE OF LOANS IN FORECLOSURE:								0.00				0.00								0.00
							PRIOR REALIZED LOSSES ALLOCATED TO THE CERTIFICATES:								0.00					0.00							0.00
							CURRENT REALIZED LOSSES ALLOCATED TO THE CERTIFICATES:								0.00					0.00							0.00
							CUMULATIVE REALIZED LOSSES ALLOCATED TO THE CERTIFICATES SINCE CUTOFF:								0.00					0.00							0.00
							BEGINNING PRINCIPLE BALANCE:								296,568,648.04					165,694,862.30								462,263,510.34
							ENDING PRINCIPLE BALANCE:								290,457,647.11					161,859,358.13								452,317,005.24









			10/23/2002 - 11:51 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.																													PAGE 7 OF 13





		ABN AMRO

		LASALLE BANK		N.A.
		*STRUCTURED ASSET SECURITIES CORPORATION*

																																	STATEMENT DATE:							10/25/2002
												*MORTGAGE PASS-THROUGH CERTIFICATES*																															PAYMENT DATE:							10/25/2002
																																											*SERIES 2002-17*
												PRIOR PAYMENT:									09/25/2002
																																	NEXT PAYMENT:								11/25/2002
																																	RECORD DATE:									09/30/2002

												*ABN AMRO ACCT: 67-9076-20-8*

												*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY*



											DELINQUENCY AGING CATEGORIES																									SPECIAL EVENT CATEGORIES (1)


DISTRIBUTION
DATE
DELINQ 1 MONTH								DELINQ 2 MONTHS					DELINQ 3+ MONTHS					FORECLOSURE							REO				MODIFICATIONS									SPECIALLY SERVICED						BANKRUPTCY
	# BALANCE								# BALANCE					# BALANCE					# BALANCE						# BALANCE							# BALANCE							# BALANCE							# BALANCE


					10/25/02		1		434,800						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.08%				0.10%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%			0.00%
					9/25/02		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%			0.00%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				10/23/2002 - 11:51 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.																																											PAGE 8 OF 13

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

STATEMENT DATE:

10/25/2002

MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

10/25/2002

SERIES 2002-17

PRIOR PAYMENT:

09/25/2002

NEXT PAYMENT:

11/25/2002

RECORD DATE:

09/30/2002

ABN AMRO ACCT: 67-9076-20-8

ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY

SUBPOOL 1

DELINQUENCY AGING CATEGORIES

SPECIAL EVENT CATEGORIES (1)

DISTRIBUTION

DATE

DELINQ 1 MONTH

DELINQ 2 MONTHS

DELINQ 3+ MONTHS

FORECLOSURE

REO

MODIFICATIONS

SPECIALLY SERVICED

BANKRUPTCY

# BALANCE

(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY

10/23/2002 - 11:51 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.

PAGE 9 OF 13

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

STATEMENT DATE:

10/25/2002

MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

10/25/2002

SERIES 2002-17

PRIOR PAYMENT:

09/25/2002

NEXT PAYMENT:

11/25/2002

RECORD DATE:

09/30/2002

ABN AMRO ACCT: 67-9076-20-8

ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY

SUBPOOL 2

DELINQUENCY AGING CATEGORIES

SPECIAL EVENT CATEGORIES (1)

DISTRIBUTION

DATE

DELINQ 1 MONTH

DELINQ 2 MONTHS

DELINQ 3+ MONTHS

FORECLOSURE

REO

MODIFICATIONS

SPECIALLY SERVICED

BANKRUPTCY

# BALANCE

(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY

10/23/2002 - 11:51 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.

PAGE 10 OF 13





	ABN AMRO

	LASALLE BANK		N.A.
	*STRUCTURED ASSET SECURITIES CORPORATION*
	*MORTGAGE PASS-THROUGH CERTIFICATES*																															STATEMENT DATE:						10/25/2002
																												PAYMENT DATE:								10/25/2002
											*SERIES 2002-17*																														PRIOR PAYMENT:					09/25/2002
																												NEXT PAYMENT:										11/25/2002
																												RECORD DATE:											09/30/2002
											*ABN AMRO ACCT: 67-9076-20-8*
											*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL PAYOFF/LOSS SUMMARY*


							ENDING POOL (1)							PAYOFFS(2)			PENALTIES				APPRAISAL REDUCT. (2)					LIQUIDATIONS (2)							REALIZED LOSSES (2)									REMAINING TERM						CURR WEIGHTED AVG.

DISTRIBUTION
DATE
		# BALANCE						# BALANCE						# AMOUNT				# BALANCE						# BALANCE						# AMOUNT									LIFE			AMORT		COUPON REMIT
				10/25/02		1,281			452,317,005				21		8,785,679				0	0			0	0			0				0			0			0						287		288		7.18%		6.89%
					97.12%					96.38%		1.61%				1.90%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				9/25/02		1,302			462,263,510				17		6,080,754				0	0			0	0			0				0			0			0						288		288		7.18%		6.89%
					98.71%					98.50%		1.29%				1.30%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
		(1) PERCENTAGE BASED ON POOL AS OF CUTOFF. (2) PERCENTAGE BASED ON POOL AS OF BEGINNING OF PERIOD.
																												PAGE 11 OF 13
			10/23/2002 - 11:51 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

STATEMENT DATE:

10/25/2002

MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

10/25/2002

SERIES 2002-17

PRIOR PAYMENT:

09/25/2002

NEXT PAYMENT:

11/25/2002

RECORD DATE:

09/30/2002

ABN AMRO ACCT: 67-9076-20-8

MODIFIED LOAN DETAIL

CUTOFF

MATURITY

DATE

MODIFIED

MATURITY

DATE

DISCLOSURE

CONTROL #

MODIFICATION

DATE

MODIFICATION

DESCRIPTION

10/23/2002 - 11:51 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.

PAGE 12 OF 13

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

STATEMENT DATE:

10/25/2002

MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

10/25/2002

SERIES 2002-17

PRIOR PAYMENT:

09/25/2002

NEXT PAYMENT:

11/25/2002

RECORD DATE:

09/30/2002

ABN AMRO ACCT: 67-9076-20-8

REALIZED LOSS DETAIL

BEGINNING

SCHEDULED

BALANCE

GROSS PROCEEDS

AS A % OF

SCHED. BALANCE

AGGREGATE

LIQUIDATION

EXPENSES *

NET

LIQUIDATION

PROCEEDS

NET PROCEEDS

AS A % OF

SCHED. BALANCE

PERIOD

DISCLOSURE

CONTROL #

APPRAISAL

DATE

APPRAISAL

VALUE

GROSS

PROCEEDS

REALIZED

LOSS

CURRENT TOTAL

CUMULATIVE

* AGGREGATE LIQUIDATION EXPENSES ALSO INCLUDE OUTSTANDING P&I ADVANCES AND UNPAID SERVICING FEES, UNPAID TRUSTEE FEES, ETC..

10/23/2002 - 11:51 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.

PAGE 13 OF 13

STRUCTURED ASSET SECURITIES CORP MORT PAS THR CE SE 2002 17 8-K