8-K 1 mo073002-8k.txt CURRENT REPORT 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) July 30, 2002 -------------------------------- MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC. (as depositor under the Pooling and Servicing Agreement, relating to the MASTR Asset Securitization Trust 2002-4 Mortgage Pass-Through Certificates, Series 2002-4) MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC. -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 333-75724-08 06-1204982 -------------------------------------------------------------------------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 1285 Avenue of the Americas, New York, New York 10019 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (212) 713-2000 ------------------------------ -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) ITEM 5. Other Events ------------ On July 30, 2002 (the "Closing Date"), Mortgage Asset Securitization Transactions, Inc. (the "Company") issued the Company's MASTR Asset Securitization Trust 2002-4 Mortgage Pass-Through Certificates, Series 2002-4, Class 1-A-1, Class 1-A-X, Class 1-PO, Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class A-14, Class A-15, Class A-16, Class A-17, Class A-18, Class A-19, Class A-20, Class 2-A-X, Class 2-PO, Class A-R, Class A-LR, Class 3-A-1, Class 3-A-X, Class 3-PO, Class B-1, Class B-2 and Class B-3 (the "Offered Certificates"), having an aggregate original principal balance of $784,088,088. The Offered Certificates were issued pursuant to a Pooling and Servicing Agreement, dated as of July 1, 2002 (the "Pooling and Servicing Agreement"), among the Company, as depositor, Wells Fargo Bank Minnesota, N.A., as master servicer, Bank One, N.A., as trustee and UBS Warburg Real Estate Securities Inc., as transferor. The Offered Certificates, together with the Company's MASTR Asset Securitization Trust 2002-4 Mortgage Pass-Through Certificates, Series 2002-4, Class B-4, Class B-5 and Class B-6 (collectively, the "Certificates") represent, in the aggregate, the entire beneficial ownership interest in a separate trust fund (the "Trust Fund"), the property of which is, as of the Closing Date, primarily comprised of three pools of closed-end, fixed-rate loans which are secured by first lien mortgages or deeds of trust on residential one- to four-family properties. ITEM 7. Financial Statements and Exhibits --------------------------------- (c) Exhibits Item 601(a) of Regulation S-K Exhibit No. Description ----------- ----------- (EX-4) Pooling and Servicing Agreement, dated as of July 1, 2002, among Mortgage Asset Securitization Transactions, Inc., Wells Fargo Bank Minnesota, N.A., Bank One, N.A. and UBS Warburg Real Estate Securities Inc. 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. MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC. August 10, 2002 By: /s/ Craig Eckes --------------------------------- Name: Craig Eckes Title: Director By: /s/ Peter Ma --------------------------------- Name: Peter Ma Title: Director INDEX TO EXHIBITS ----------------- Paper (P) or Exhibit No. Description Electronic (E) ----------- ----------- -------------- (EX-4) Pooling and Servicing E Agreement, dated as of July 1, 2002, among Mortgage Asset Securitization Transactions, Inc., Wells Fargo Bank Minnesota, N.A., Bank One, N.A. and UBS Warburg Real Estate Securities Inc.

Mortgage Asset Securitization Transactions, Inc Mortgage Pass-Through Certificates Record Date: 7/31/02 Distribution Date: 8/26/02 MASTR Series: 2002-4 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 1-PO 55265KFJ3 PO 0.00000% 349,063.00 0.00 1,790.60 2-PO 55265KGG8 PO 0.00000% 814,658.00 0.00 2,088.11 3-PO 55265KGM5 PO 0.00000% 329,266.00 0.00 345.92 1-A1 55265KFG9 SEQ 6.00000% 203,000,000.00 1,015,000.00 3,111,042.54 1-AX 55265KFH7 SEQ 6.00000% 0.00 55,755.85 0.00 A-R 55265KGH6 SEQ 6.00000% 50.00 419.04 50.00 A-LR 55265KGJ2 SEQ 6.00000% 50.00 0.25 50.00 A-1 55265KFK0 SEQ 2.49000% 12,158,000.00 25,227.85 286,898.09 A-2 55265KFL8 SEQ 6.01000% 0.00 60,891.32 0.00 A-3 55265KFM6 SEQ 6.00000% 48,632,000.00 243,160.00 1,147,592.34 A-4 55265KFN4 SEQ 6.50000% 988,000.00 5,351.67 0.00 A-5 55265KFP9 SEQ 5.25000% 25,111,000.00 109,860.63 0.00 A-6 55265KFQ7 SEQ 5.75000% 11,924,000.00 57,135.83 0.00 A-7 55265KFR5 SEQ 6.25000% 8,872,000.00 46,208.33 0.00 A-8 55265KFS3 SEQ 6.50000% 37,998,000.00 205,822.50 2,698,806.85 A-9 55265KFT1 SEQ 6.50000% 6,200,000.00 33,583.33 0.00 A-10 55265KFU8 SEQ 6.50000% 4,243,000.00 22,982.92 0.00 A-11 55265KFV6 SEQ 2.29000% 21,273,000.00 40,595.98 0.00 A-12 55265KFW4 SEQ 6.21000% 0.00 110,087.78 0.00 A-13 55265KFX2 SEQ 6.50000% 13,379,000.00 72,469.58 296,584.15 A-14 55265KFY0 SEQ 5.37500% 83,969,000.00 376,111.15 75,075.00 A-15 55265KFZ7 SEQ 5.50000% 15,679,000.00 71,862.08 0.00 A-16 55265KGA1 SEQ 6.00000% 62,738,000.00 313,690.00 1,295,723.57 A-17 55265KGB9 SEQ 6.50000% 71,078,000.00 502,933.44 263,498.60 A-18 55265KGC7 SEQ 6.50000% 3,283,000.00 17,782.92 3,283,000.00 A-19 55265KGD5 SEQ 6.50000% 21,502,000.00 116,469.17 0.00 A-20 55265KGE3 SEQ 6.50000% 1,000,000.00 5,416.67 0.00 2-AX 55265KGF0 IO 6.50000% 0.00 120,281.58 0.00 3-A1 55265KGK9 SEQ 6.50000% 111,040,000.00 601,466.67 96,439.35 3-AX 55265KGL7 IO 6.50000% 0.00 12,958.65 0.00 B-1 55265KGN3 SUB 6.43430% 11,038,000.00 59,184.84 12,947.06 B-2 55265KGP8 SUB 6.43430% 4,337,000.00 23,254.63 5,087.10 B-3 55265KGQ6 SUB 6.43430% 3,153,000.00 16,906.12 3,698.32 B-4 55265KGR4 SUB 6.43430% 1,577,000.00 8,455.74 1,849.75 B-5 55265KGS2 SUB 6.43430% 1,183,000.00 6,343.15 1,387.60 B-6 55265KGT0 SUB 6.43430% 1,577,275.00 8,457.22 1,850.07 Totals 788,425,362.00 4,366,126.89 12,585,805.02

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-PO 0.00 347,272.40 1,790.60 0.00 2-PO 0.00 812,569.89 2,088.11 0.00 3-PO 0.00 328,920.08 345.92 0.00 1-A1 0.00 199,888,957.46 4,126,042.54 0.00 1-AX 0.00 0.00 55,755.85 0.00 A-R 0.00 0.00 469.04 0.00 A-LR 0.00 0.00 50.25 0.00 A-1 0.00 11,871,101.91 312,125.94 0.00 A-2 0.00 0.00 60,891.32 0.00 A-3 0.00 47,484,407.66 1,390,752.34 0.00 A-4 0.00 988,000.00 5,351.67 0.00 A-5 0.00 25,111,000.00 109,860.63 0.00 A-6 0.00 11,924,000.00 57,135.83 0.00 A-7 0.00 8,872,000.00 46,208.33 0.00 A-8 0.00 35,299,193.15 2,904,629.35 0.00 A-9 0.00 6,200,000.00 33,583.33 0.00 A-10 0.00 4,243,000.00 22,982.92 0.00 A-11 0.00 21,273,000.00 40,595.98 0.00 A-12 0.00 0.00 110,087.78 0.00 A-13 0.00 13,082,415.85 369,053.73 0.00 A-14 0.00 83,893,925.00 451,186.15 0.00 A-15 0.00 15,679,000.00 71,862.08 0.00 A-16 0.00 61,442,276.43 1,609,413.57 0.00 A-17 0.00 70,814,501.40 766,432.04 0.00 A-18 0.00 0.00 3,300,782.92 0.00 A-19 0.00 21,502,000.00 116,469.17 0.00 A-20 0.00 1,000,000.00 5,416.67 0.00 2-AX 0.00 0.00 120,281.58 0.00 3-A1 0.00 110,943,560.65 697,906.02 0.00 3-AX 0.00 0.00 12,958.65 0.00 B-1 0.00 11,025,052.94 72,131.90 0.00 B-2 0.00 4,331,912.90 28,341.73 0.00 B-3 0.00 3,149,301.68 20,604.44 0.00 B-4 0.00 1,575,150.25 10,305.49 0.00 B-5 0.00 1,181,612.40 7,730.75 0.00 B-6 0.00 1,575,424.93 10,307.29 0.00 Totals 0.00 775,839,556.98 16,951,931.91 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) 1-PO 349,063.00 349,063.00 1,229.68 560.93 0.00 0.00 2-PO 814,658.00 814,658.00 766.60 1,321.52 0.00 0.00 3-PO 329,266.00 329,266.00 299.10 46.82 0.00 0.00 1-A1 203,000,000.00 203,000,000.00 675,733.45 2,435,309.08 0.00 0.00 1-AX 0.00 0.00 0.00 0.00 0.00 0.00 A-R 50.00 50.00 10.86 39.14 0.00 0.00 A-LR 50.00 50.00 10.86 39.14 0.00 0.00 A-1 12,158,000.00 12,158,000.00 11,685.46 275,212.63 0.00 0.00 A-2 0.00 0.00 0.00 0.00 0.00 0.00 A-3 48,632,000.00 48,632,000.00 46,741.82 1,100,850.52 0.00 0.00 A-4 988,000.00 988,000.00 0.00 0.00 0.00 0.00 A-5 25,111,000.00 25,111,000.00 0.00 0.00 0.00 0.00 A-6 11,924,000.00 11,924,000.00 0.00 0.00 0.00 0.00 A-7 8,872,000.00 8,872,000.00 0.00 0.00 0.00 0.00 A-8 37,998,000.00 37,998,000.00 109,923.32 2,588,883.53 0.00 0.00 A-9 6,200,000.00 6,200,000.00 0.00 0.00 0.00 0.00 A-10 4,243,000.00 4,243,000.00 0.00 0.00 0.00 0.00 A-11 21,273,000.00 21,273,000.00 0.00 0.00 0.00 0.00 A-12 0.00 0.00 0.00 0.00 0.00 0.00 A-13 13,379,000.00 13,379,000.00 12,079.97 284,504.18 0.00 0.00 A-14 83,969,000.00 83,969,000.00 3,057.83 72,017.17 0.00 0.00 A-15 15,679,000.00 15,679,000.00 0.00 0.00 0.00 0.00 A-16 62,738,000.00 62,738,000.00 52,775.26 1,242,948.31 0.00 0.00 A-17 71,078,000.00 71,078,000.00 26,413.80 622,090.62 (385,005.83) 0.00 A-18 3,283,000.00 3,283,000.00 134,442.01 3,166,340.91 (17,782.91) 0.00 A-19 21,502,000.00 21,502,000.00 0.00 0.00 0.00 0.00 A-20 1,000,000.00 1,000,000.00 0.00 0.00 0.00 0.00 2-AX 0.00 0.00 0.00 0.00 0.00 0.00 3-A1 111,040,000.00 111,040,000.00 94,136.01 2,303.34 0.00 0.00 3-AX 0.00 0.00 0.00 0.00 0.00 0.00 B-1 11,038,000.00 11,038,000.00 12,947.06 0.00 0.00 0.00 B-2 4,337,000.00 4,337,000.00 5,087.10 0.00 0.00 0.00 B-3 3,153,000.00 3,153,000.00 3,698.32 0.00 0.00 0.00 B-4 1,577,000.00 1,577,000.00 1,849.75 0.00 0.00 0.00 B-5 1,183,000.00 1,183,000.00 1,387.60 0.00 0.00 0.00 B-6 1,577,275.00 1,577,275.00 1,850.07 0.00 0.00 0.00 Totals 788,425,362.00 788,425,362.00 1,196,125.93 11,792,467.84 (402,788.74) 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 1-PO 1,790.60 347,272.40 0.99487027 1,790.60 2-PO 2,088.11 812,569.89 0.99743683 2,088.11 3-PO 345.92 328,920.08 0.99894942 345.92 1-A1 3,111,042.54 199,888,957.46 0.98467467 3,111,042.54 1-AX 0.00 0.00 0.00000000 0.00 A-R 50.00 0.00 0.00000000 50.00 A-LR 50.00 0.00 0.00000000 50.00 A-1 286,898.09 11,871,101.91 0.97640253 286,898.09 A-2 0.00 0.00 0.00000000 0.00 A-3 1,147,592.34 47,484,407.66 0.97640253 1,147,592.34 A-4 0.00 988,000.00 1.00000000 0.00 A-5 0.00 25,111,000.00 1.00000000 0.00 A-6 0.00 11,924,000.00 1.00000000 0.00 A-7 0.00 8,872,000.00 1.00000000 0.00 A-8 2,698,806.85 35,299,193.15 0.92897503 2,698,806.85 A-9 0.00 6,200,000.00 1.00000000 0.00 A-10 0.00 4,243,000.00 1.00000000 0.00 A-11 0.00 21,273,000.00 1.00000000 0.00 A-12 0.00 0.00 0.00000000 0.00 A-13 296,584.15 13,082,415.85 0.97783211 296,584.15 A-14 75,075.00 83,893,925.00 0.99910592 75,075.00 A-15 0.00 15,679,000.00 1.00000000 0.00 A-16 1,295,723.57 61,442,276.43 0.97934707 1,295,723.57 A-17 263,498.60 70,814,501.40 0.99629282 263,498.60 A-18 3,283,000.00 0.00 0.00000000 3,283,000.00 A-19 0.00 21,502,000.00 1.00000000 0.00 A-20 0.00 1,000,000.00 1.00000000 0.00 2-AX 0.00 0.00 0.00000000 0.00 3-A1 96,439.35 110,943,560.65 0.99913149 96,439.35 3-AX 0.00 0.00 0.00000000 0.00 B-1 12,947.06 11,025,052.94 0.99882705 12,947.06 B-2 5,087.10 4,331,912.90 0.99882705 5,087.10 B-3 3,698.32 3,149,301.68 0.99882705 3,698.32 B-4 1,849.75 1,575,150.25 0.99882705 1,849.75 B-5 1,387.60 1,181,612.40 0.99882705 1,387.60 B-6 1,850.07 1,575,424.93 0.99882705 1,850.07 Totals 12,585,805.02 775,839,556.98 0.98403678 12,585,805.02

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-PO 349,063.00 1000.00000000 3.52280247 1.60695920 0.00000000 2-PO 814,658.00 1000.00000000 0.94100837 1.62217765 0.00000000 3-PO 329,266.00 1000.00000000 0.90838410 0.14219506 0.00000000 1-A1 203,000,000.00 1000.00000000 3.32873621 11.99659645 0.00000000 1-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-R 50.00 1000.00000000 217.20000000 782.80000000 0.00000000 A-LR 50.00 1000.00000000 217.20000000 782.80000000 0.00000000 A-1 12,158,000.00 1000.00000000 0.96113341 22.63634068 0.00000000 A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-3 48,632,000.00 1000.00000000 0.96113300 22.63634068 0.00000000 A-4 988,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 25,111,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-6 11,924,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-7 8,872,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-8 37,998,000.00 1000.00000000 2.89287120 68.13209985 0.00000000 A-9 6,200,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-10 4,243,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-11 21,273,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-12 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-13 13,379,000.00 1000.00000000 0.90290530 21.26498094 0.00000000 A-14 83,969,000.00 1000.00000000 0.03641618 0.85766378 0.00000000 A-15 15,679,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-16 62,738,000.00 1000.00000000 0.84120087 19.81172989 0.00000000 A-17 71,078,000.00 1000.00000000 0.37161710 8.75222460 (5.41666662) A-18 3,283,000.00 1000.00000000 40.95096253 964.46570515 (5.41666464) A-19 21,502,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-20 1,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 111,040,000.00 1000.00000000 0.84776666 0.02074334 0.00000000 3-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 11,038,000.00 1000.00000000 1.17295343 0.00000000 0.00000000 B-2 4,337,000.00 1000.00000000 1.17295365 0.00000000 0.00000000 B-3 3,153,000.00 1000.00000000 1.17295274 0.00000000 0.00000000 B-4 1,577,000.00 1000.00000000 1.17295498 0.00000000 0.00000000 B-5 1,183,000.00 1000.00000000 1.17295013 0.00000000 0.00000000 B-6 1,577,275.00 1000.00000000 1.17295335 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 1-PO 0.00000000 5.12973303 994.87026697 0.99487027 5.12973303 2-PO 0.00000000 2.56317375 997.43682625 0.99743683 2.56317375 3-PO 0.00000000 1.05057917 998.94942083 0.99894942 1.05057917 1-A1 0.00000000 15.32533271 984.67466729 0.98467467 15.32533271 1-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 A-LR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 A-1 0.00000000 23.59747409 976.40252591 0.97640253 23.59747409 A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-3 0.00000000 23.59747368 976.40252632 0.97640253 23.59747368 A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-8 0.00000000 71.02497105 928.97502895 0.92897503 71.02497105 A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-12 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-13 0.00000000 22.16788624 977.83211376 0.97783211 22.16788624 A-14 0.00000000 0.89407996 999.10592004 0.99910592 0.89407996 A-15 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-16 0.00000000 20.65293076 979.34706924 0.97934707 20.65293076 A-17 0.00000000 3.70717522 996.29282478 0.99629282 3.70717522 A-18 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 A-19 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-20 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A1 0.00000000 0.86851000 999.13149000 0.99913149 0.86851000 3-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 1.17295343 998.82704657 0.99882705 1.17295343 B-2 0.00000000 1.17295365 998.82704635 0.99882705 1.17295365 B-3 0.00000000 1.17295274 998.82704726 0.99882705 1.17295274 B-4 0.00000000 1.17295498 998.82704502 0.99882705 1.17295498 B-5 0.00000000 1.17295013 998.82704987 0.99882705 1.17295013 B-6 0.00000000 1.17295335 998.82704665 0.99882705 1.17295335 (3) Amount Does Not Include Excess Special Hazard, Bankrupcy, 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 1-PO 349,063.00 0.00000% 349,063.00 0.00 0.00 0.00 2-PO 814,658.00 0.00000% 814,658.00 0.00 0.00 0.00 3-PO 329,266.00 0.00000% 329,266.00 0.00 0.00 0.00 1-A1 203,000,000.00 6.00000% 203,000,000.00 1,015,000.00 0.00 0.00 1-AX 0.00 6.00000% 11,151,169.00 55,755.85 0.00 0.00 A-R 50.00 6.00000% 50.00 0.25 0.00 0.00 A-LR 50.00 6.00000% 50.00 0.25 0.00 0.00 A-1 12,158,000.00 2.49000% 12,158,000.00 25,227.85 0.00 0.00 A-2 0.00 6.01000% 12,158,000.00 60,891.32 0.00 0.00 A-3 48,632,000.00 6.00000% 48,632,000.00 243,160.00 0.00 0.00 A-4 988,000.00 6.50000% 988,000.00 5,351.67 0.00 0.00 A-5 25,111,000.00 5.25000% 25,111,000.00 109,860.63 0.00 0.00 A-6 11,924,000.00 5.75000% 11,924,000.00 57,135.83 0.00 0.00 A-7 8,872,000.00 6.25000% 8,872,000.00 46,208.33 0.00 0.00 A-8 37,998,000.00 6.50000% 37,998,000.00 205,822.50 0.00 0.00 A-9 6,200,000.00 6.50000% 6,200,000.00 33,583.33 0.00 0.00 A-10 4,243,000.00 6.50000% 4,243,000.00 22,982.92 0.00 0.00 A-11 21,273,000.00 2.29000% 21,273,000.00 40,595.98 0.00 0.00 A-12 0.00 6.21000% 21,273,000.00 110,087.78 0.00 0.00 A-13 13,379,000.00 6.50000% 13,379,000.00 72,469.58 0.00 0.00 A-14 83,969,000.00 5.37500% 83,969,000.00 376,111.15 0.00 0.00 A-15 15,679,000.00 5.50000% 15,679,000.00 71,862.08 0.00 0.00 A-16 62,738,000.00 6.00000% 62,738,000.00 313,690.00 0.00 0.00 A-17 71,078,000.00 6.50000% 92,849,250.00 502,933.44 0.00 0.00 A-18 3,283,000.00 6.50000% 3,283,000.00 17,782.92 0.00 0.00 A-19 21,502,000.00 6.50000% 21,502,000.00 116,469.17 0.00 0.00 A-20 1,000,000.00 6.50000% 1,000,000.00 5,416.67 0.00 0.00 2-AX 0.00 6.50000% 22,205,831.00 120,281.58 0.00 0.00 3-A1 111,040,000.00 6.50000% 111,040,000.00 601,466.67 0.00 0.00 3-AX 0.00 6.50000% 2,392,367.00 12,958.65 0.00 0.00 B-1 11,038,000.00 6.43430% 11,038,000.00 59,184.84 0.00 0.00 B-2 4,337,000.00 6.43430% 4,337,000.00 23,254.63 0.00 0.00 B-3 3,153,000.00 6.43430% 3,153,000.00 16,906.12 0.00 0.00 B-4 1,577,000.00 6.43430% 1,577,000.00 8,455.74 0.00 0.00 B-5 1,183,000.00 6.43430% 1,183,000.00 6,343.15 0.00 0.00 B-6 1,577,275.00 6.43430% 1,577,275.00 8,457.22 0.00 0.00 Totals 788,425,362.00 4,365,708.10 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 1-PO 0.00 0.00 0.00 0.00 347,272.40 2-PO 0.00 0.00 0.00 0.00 812,569.89 3-PO 0.00 0.00 0.00 0.00 328,920.08 1-A1 0.00 0.00 1,015,000.00 0.00 199,888,957.46 1-AX 0.00 0.00 55,755.85 0.00 11,058,018.37 A-R 0.00 0.00 419.04 0.00 0.00 A-LR 0.00 0.00 0.25 0.00 0.00 A-1 0.00 0.00 25,227.85 0.00 11,871,101.91 A-2 0.00 0.00 60,891.32 0.00 11,871,101.91 A-3 0.00 0.00 243,160.00 0.00 47,484,407.66 A-4 0.00 0.00 5,351.67 0.00 988,000.00 A-5 0.00 0.00 109,860.63 0.00 25,111,000.00 A-6 0.00 0.00 57,135.83 0.00 11,924,000.00 A-7 0.00 0.00 46,208.33 0.00 8,872,000.00 A-8 0.00 0.00 205,822.50 0.00 35,299,193.15 A-9 0.00 0.00 33,583.33 0.00 6,200,000.00 A-10 0.00 0.00 22,982.92 0.00 4,243,000.00 A-11 0.00 0.00 40,595.98 0.00 21,273,000.00 A-12 0.00 0.00 110,087.78 0.00 21,273,000.00 A-13 0.00 0.00 72,469.58 0.00 13,082,415.85 A-14 0.00 0.00 376,111.15 0.00 83,893,925.00 A-15 0.00 0.00 71,862.08 0.00 15,679,000.00 A-16 0.00 0.00 313,690.00 0.00 61,442,276.43 A-17 0.00 0.00 502,933.44 0.00 92,473,086.61 A-18 0.00 0.00 17,782.92 0.00 0.00 A-19 0.00 0.00 116,469.17 0.00 21,502,000.00 A-20 0.00 0.00 5,416.67 0.00 1,000,000.00 2-AX 0.00 0.00 120,281.58 0.00 21,731,654.31 3-A1 0.00 0.00 601,466.67 0.00 110,943,560.65 3-AX 0.00 0.00 12,958.65 0.00 2,390,316.50 B-1 0.00 0.00 59,184.84 0.00 11,025,052.94 B-2 0.00 0.00 23,254.63 0.00 4,331,912.90 B-3 0.00 0.00 16,906.12 0.00 3,149,301.68 B-4 0.00 0.00 8,455.74 0.00 1,575,150.25 B-5 0.00 0.00 6,343.15 0.00 1,181,612.40 B-6 0.00 0.00 8,457.22 0.00 1,575,424.93 Totals 0.00 0.00 4,366,126.89 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, 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 1-PO 349,063.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 2-PO 814,658.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 3-PO 329,266.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 1-A1 203,000,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 1-AX 0.00 6.00000% 1000.00000000 5.00000045 0.00000000 0.00000000 A-R 50.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 A-LR 50.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 A-1 12,158,000.00 2.49000% 1000.00000000 2.07500000 0.00000000 0.00000000 A-2 0.00 6.01000% 1000.00000000 5.00833361 0.00000000 0.00000000 A-3 48,632,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 A-4 988,000.00 6.50000% 1000.00000000 5.41667004 0.00000000 0.00000000 A-5 25,111,000.00 5.25000% 1000.00000000 4.37500020 0.00000000 0.00000000 A-6 11,924,000.00 5.75000% 1000.00000000 4.79166639 0.00000000 0.00000000 A-7 8,872,000.00 6.25000% 1000.00000000 5.20833296 0.00000000 0.00000000 A-8 37,998,000.00 6.50000% 1000.00000000 5.41666667 0.00000000 0.00000000 A-9 6,200,000.00 6.50000% 1000.00000000 5.41666613 0.00000000 0.00000000 A-10 4,243,000.00 6.50000% 1000.00000000 5.41666745 0.00000000 0.00000000 A-11 21,273,000.00 2.29000% 1000.00000000 1.90833357 0.00000000 0.00000000 A-12 0.00 6.21000% 1000.00000000 5.17500024 0.00000000 0.00000000 A-13 13,379,000.00 6.50000% 1000.00000000 5.41666642 0.00000000 0.00000000 A-14 83,969,000.00 5.37500% 1000.00000000 4.47916672 0.00000000 0.00000000 A-15 15,679,000.00 5.50000% 1000.00000000 4.58333312 0.00000000 0.00000000 A-16 62,738,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 A-17 71,078,000.00 6.50000% 1306.30082445 7.07579617 0.00000000 0.00000000 A-18 3,283,000.00 6.50000% 1000.00000000 5.41666768 0.00000000 0.00000000 A-19 21,502,000.00 6.50000% 1000.00000000 5.41666682 0.00000000 0.00000000 A-20 1,000,000.00 6.50000% 1000.00000000 5.41667000 0.00000000 0.00000000 2-AX 0.00 6.50000% 1000.00000000 5.41666646 0.00000000 0.00000000 3-A1 111,040,000.00 6.50000% 1000.00000000 5.41666670 0.00000000 0.00000000 3-AX 0.00 6.50000% 1000.00000000 5.41666475 0.00000000 0.00000000 B-1 11,038,000.00 6.43430% 1000.00000000 5.36191701 0.00000000 0.00000000 B-2 4,337,000.00 6.43430% 1000.00000000 5.36191607 0.00000000 0.00000000 B-3 3,153,000.00 6.43430% 1000.00000000 5.36191564 0.00000000 0.00000000 B-4 1,577,000.00 6.43430% 1000.00000000 5.36191503 0.00000000 0.00000000 B-5 1,183,000.00 6.43430% 1000.00000000 5.36191885 0.00000000 0.00000000 B-6 1,577,275.00 6.43430% 1000.00000000 5.36191850 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 1-PO 0.00000000 0.00000000 0.00000000 0.00000000 994.87026697 2-PO 0.00000000 0.00000000 0.00000000 0.00000000 997.43682625 3-PO 0.00000000 0.00000000 0.00000000 0.00000000 998.94942083 1-A1 0.00000000 0.00000000 5.00000000 0.00000000 984.67466729 1-AX 0.00000000 0.00000000 5.00000045 0.00000000 991.64655921 A-R 0.00000000 0.00000000 8380.80000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 5.00000000 0.00000000 0.00000000 A-1 0.00000000 0.00000000 2.07500000 0.00000000 976.40252591 A-2 0.00000000 0.00000000 5.00833361 0.00000000 976.40252591 A-3 0.00000000 0.00000000 5.00000000 0.00000000 976.40252632 A-4 0.00000000 0.00000000 5.41667004 0.00000000 1000.00000000 A-5 0.00000000 0.00000000 4.37500020 0.00000000 1000.00000000 A-6 0.00000000 0.00000000 4.79166639 0.00000000 1000.00000000 A-7 0.00000000 0.00000000 5.20833296 0.00000000 1000.00000000 A-8 0.00000000 0.00000000 5.41666667 0.00000000 928.97502895 A-9 0.00000000 0.00000000 5.41666613 0.00000000 1000.00000000 A-10 0.00000000 0.00000000 5.41666745 0.00000000 1000.00000000 A-11 0.00000000 0.00000000 1.90833357 0.00000000 1000.00000000 A-12 0.00000000 0.00000000 5.17500024 0.00000000 1000.00000000 A-13 0.00000000 0.00000000 5.41666642 0.00000000 977.83211376 A-14 0.00000000 0.00000000 4.47916672 0.00000000 999.10592004 A-15 0.00000000 0.00000000 4.58333312 0.00000000 1000.00000000 A-16 0.00000000 0.00000000 5.00000000 0.00000000 979.34706924 A-17 0.00000000 0.00000000 7.07579617 0.00000000 1301.00856257 A-18 0.00000000 0.00000000 5.41666768 0.00000000 0.00000000 A-19 0.00000000 0.00000000 5.41666682 0.00000000 1000.00000000 A-20 0.00000000 0.00000000 5.41667000 0.00000000 1000.00000000 2-AX 0.00000000 0.00000000 5.41666646 0.00000000 978.64629835 3-A1 0.00000000 0.00000000 5.41666670 0.00000000 999.13149000 3-AX 0.00000000 0.00000000 5.41666475 0.00000000 999.14289906 B-1 0.00000000 0.00000000 5.36191701 0.00000000 998.82704657 B-2 0.00000000 0.00000000 5.36191607 0.00000000 998.82704635 B-3 0.00000000 0.00000000 5.36191564 0.00000000 998.82704726 B-4 0.00000000 0.00000000 5.36191503 0.00000000 998.82704502 B-5 0.00000000 0.00000000 5.36191885 0.00000000 998.82704987 B-6 0.00000000 0.00000000 5.36191850 0.00000000 998.82704665 (6) Amount Does Not Include Excess Special Hazard, Bankrupcy,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 17,096,013.94 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 20,173.26 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 17,116,187.20 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 164,255.29 Payment of Interest and Principal 16,951,931.91 Total Withdrawals (Pool Distribution Amount) 17,116,187.20 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00

SERVICING FEES Gross Servicing Fee 164,255.29 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 164,255.29

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 6 0 0 0 6 2,601,078.88 0.00 0.00 0.00 2,601,078.88 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 6 0 0 0 6 2,601,078.88 0.00 0.00 0.00 2,601,078.88 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 0.357782% 0.000000% 0.000000% 0.000000% 0.357782% 0.334849% 0.000000% 0.000000% 0.000000% 0.334849% 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 0.357782% 0.000000% 0.000000% 0.000000% 0.357782% 0.334849% 0.000000% 0.000000% 0.000000% 0.334849%

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 3 0 0 0 3 1,459,300.00 0.00 0.00 0.00 1,459,300.00 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 3 0 0 0 3 1,459,300.00 0.00 0.00 0.00 1,459,300.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.733496% 0.000000% 0.000000% 0.000000% 0.733496% 0.715990% 0.000000% 0.000000% 0.000000% 0.715990% 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 0.733496% 0.000000% 0.000000% 0.000000% 0.733496% 0.715990% 0.000000% 0.000000% 0.000000% 0.715990% 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 3 0 0 0 3 1,141,778.88 0.00 0.00 0.00 1,141,778.88 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 3 0 0 0 3 1,141,778.88 0.00 0.00 0.00 1,141,778.88 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.290980% 0.000000% 0.000000% 0.000000% 0.290980% 0.250807% 0.000000% 0.000000% 0.000000% 0.250807% 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 0.290980% 0.000000% 0.000000% 0.000000% 0.290980% 0.250807% 0.000000% 0.000000% 0.000000% 0.250807% 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%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 20,173.26

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 180,353.00 0.02287509% 180,353.00 0.02324617% Fraud 15,768,507.00 1.99999997% 15,768,507.00 2.03244431% Special Hazard 7,884,254.00 1.00000005% 7,884,254.00 1.01622222% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.895337% Weighted Average Pass-Through Rate 6.645337% Weighted Average Maturity(Stepdown Calculation ) 309 Beginning Scheduled Collateral Loan Count 1,698 Number Of Loans Paid In Full 21 Ending Scheduled Collateral Loan Count 1,677 Beginning Scheduled Collateral Balance 788,425,362.00 Ending Scheduled Collateral Balance 775,839,558.55 Ending Actual Collateral Balance at 31-Jul-2002 776,790,812.53 Monthly P &I Constant 5,710,102.52 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 16,797,866.88 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 775,839,558.55 Scheduled Principal 1,179,720.21 Unscheduled Principal 11,406,084.81

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 6.566505 7.049463 6.863875 Weighted Average Net Rate 6.316505 6.799463 6.613875 Weighted Average Maturity 178 355 359 Beginning Loan Count 412 1,049 237 Loans Paid In Full 3 18 0 Ending Loan Count 409 1,031 237 Beginning Scheduled Balance 206,355,743.00 464,306,503.00 117,763,118.00 Ending scheduled Balance 203,232,800.96 454,945,845.44 117,660,912.15 Record Date 07/31/2002 07/31/2002 07/31/2002 Principal And Interest Constant 1,816,189.91 3,120,464.22 773,448.39 Scheduled Principal 686,993.28 392,871.33 99,855.60 Unscheduled Principal 2,435,948.29 8,967,786.36 2,350.16 Scheduled Interest 1,129,196.63 2,727,592.89 673,592.79 Servicing Fees 42,990.77 96,730.51 24,534.01 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 1,086,205.86 2,630,862.38 649,058.78 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.316505 6.799463 6.613875

Group Level Collateral Statement Group Total Collateral Description Mixed Fixed Weighted Average Coupon Rate 6.895337 Weighted Average Net Rate 6.645337 Weighted Average Maturity 309 Beginning Loan Count 1,698 Loans Paid In Full 21 Ending Loan Count 1,677 Beginning Scheduled Balance 788,425,364.00 Ending scheduled Balance 775,839,558.55 Record Date 07/31/2002 Principal And Interest Constant 5,710,102.52 Scheduled Principal 1,179,720.21 Unscheduled Principal 11,406,084.81 Scheduled Interest 4,530,382.31 Servicing Fees 164,255.29 Master Servicing Fees 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 4,366,127.02 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.00 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 6.645337

Filing Compare · MORTGAGE ASSET SEC TRANS INC MORT PASS THR CERT SER 2002-4