8-K 1 we698584-8k.txt CURRENT REPORT 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 29, 2002 (Date of earliest event reported) Commission File No. 333-74308 Wells Fargo Asset Securities Corporation -------------------------------------------------------------------------------- Delaware 52-1972128 ---------------------------------------- ------------------------------------ (State of Incorporation) (I.R.S. Employer Identification No.) 7485 New Horizon Way, Frederick, Maryland 21703 -------------------------------------------------------------------------------- Address of principal executive offices (Zip Code) (301) 846-8881 -------------------------------------------------------------------------------- Registrant's Telephone Number, including area code -------------------------------------------------------------------------------- (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events ------------ On August 29, 2002, Wells Fargo Asset Securities Corporation, a Delaware corporation (the "Registrant"), sold Mortgage Pass-Through Certificates, Series 2002-D, Class I-A-1, Class I-A-2, Class I-A-3, Class I-A-4, Class I-A-5, Class I-A-6, Class I-A-7, Class I-A-R, Class I-A-LR, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class B-1, Class B-2 and Class B-3 (the "Offered Certificates"), having an aggregate original principal balance of approximately $401,121,724. The Offered Certificates were issued pursuant to a Pooling and Servicing Agreement, dated as of August 29, 2002, among the Registrant, Wells Fargo Bank Minnesota, National Association, as master servicer (the "Master Servicer" or "Wells Fargo Bank"), and Wachovia Bank, National Association, as trustee (the "Agreement"), a copy of which is filed as an exhibit hereto. Mortgage Pass-Through Certificates, Series 2002-D, Class B-4, Class B-5 and Class B-6 Certificates, having an aggregate initial principal balance of $2,235,951.48 (the "Private Class B Certificates" and, together with the Offered Certificates, the "Certificates"), were also issued pursuant to the Agreement. As of the date of initial issuance, the Offered Certificates evidenced an approximate 99.45% undivided interest in a trust fund (the "Trust Estate"), consisting principally of two pools of adjustable interest rate, conventional, monthly pay, fully-amortizing, one-to four-family residential first mortgage loans, which may include loans secured by shares issued by cooperative housing corporations. Some of the Mortgage Loans were originated in connection with the relocation of employees by various corporate employers that participated in the relocation program of Wells Fargo Home Mortgage, Inc. and of the employees of various non-participant employers. The remaining undivided interests in the Trust Estate are evidenced by the Private Class B Certificates. Distributions on the Private Class B Certificates are subordinated to distributions on the Offered Certificates. Interest on the Offered Certificates will be distributed on each Distribution Date (as defined in the Agreement). Monthly distributions in reduction of the principal balance of the Offered Certificates will be allocated to the Offered Certificates in accordance with the priorities set forth in the Agreement. Distributions of interest and in reduction of principal balance on any Distribution Date will be made to the extent that the Pool Distribution Amounts are sufficient therefor. Elections will be made to treat the Trust Estate as two REMICs for federal income tax purposes (the "Upper-Tier REMIC" and "Lower-Tier REMIC," respectively). The Class I-A-1, Class I-A-2, Class I-A-3, Class I-A-4, Class I-A-5, Class I-A-6, Class I-A-7, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates will be treated as "regular interests" in the Upper-Tier REMIC and the Class I-A-R and Class I-A-LR Certificates will be treated as the "residual interests" in the Upper-Tier REMIC and Lower-Tier REMIC, respectively. 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 August 29, 2002, among Wells Fargo Asset Securities Corporation, Wells Fargo Bank Minnesota, National Association, and Wachovia Bank, National Association, as trustee. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WELLS FARGO ASSET SECURITIES CORPORATION August 29, 2002 /s/ Susan M. Hughes --------------------------------------- Name: Susan M. Hughes Title: Vice President INDEX TO EXHIBITS ----------------- Paper (P) or Exhibit No. Description Electronic (E) ----------- ----------- -------------- (EX-4) Pooling and Servicing Agreement, E dated as of August 29, 2002 among Wells Fargo Asset Securities Corporation, Wells Fargo Bank Minnesota, National Association, and Wachovia Bank, National Association, as trustee.

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 11/30/02 Distribution Date: 12/26/02 WFMBS Series: 2002-D Contact: Customer Service - SecuritiesLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 846-8130 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-I 94979HAA0 SEQ 5.50000% 6,239,735.82 28,595.03 564,513.89 I-A-2 94979HAB8 SEQ 5.76485% 24,958,943.30 119,888.02 2,258,055.57 I-A-3 94979HAC6 SEQ 5.02000% 38,998,348.90 163,121.67 3,528,211.82 I-A-4 94979HAD4 SEQ 5.76485% 1,918,718.77 9,216.39 173,588.02 I-A-5 94979HAE2 SEQ 5.25000% 57,530,316.51 251,662.08 7,828,466.95 I-A-6 94979HAF9 SEQ 5.76485% 29,000,000.00 139,298.87 0.00 I-A-7 94979HAG7 IO 0.58695% 0.00 50,259.90 0.00 I-A-R 94979HAH5 RES 5.75694% 0.00 0.00 0.00 I-A-LR 94979HAJ1 RES 5.75694% 0.00 6.13 0.00 II-A-1 94979HAK8 SEQ 5.65000% 75,122,422.96 353,654.96 7,204,944.84 II-A-2 94979HAL6 SEQ 0.00000% 1,251,641.53 0.00 1,561.88 II-A-3 94979HAM4 SEQ 5.65000% 65,194,994.77 306,919.46 6,252,811.38 II-A-4 94979HAN2 IO 0.53927% 0.00 54,061.90 0.00 B-1 94979HAP7 SUB 5.71068% 5,839,502.54 27,785.97 3,793.02 B-2 94979HAQ5 SUB 5.71068% 2,204,659.22 10,490.38 1,432.02 B-3 94979HAR3 SUB 5.71068% 1,608,832.35 7,655.27 1,045.01 B-4 94979HAS1 SUB 5.71068% 804,416.18 3,827.64 522.50 B-5 94979HAT9 SUB 5.71068% 615,787.57 2,930.09 399.98 B-6 94979HAU6 SUB 5.71068% 811,354.00 3,860.65 527.01 Totals 312,099,674.42 1,533,234.41 27,819,873.89

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-I 0.00 5,675,221.93 593,108.92 0.00 I-A-2 0.00 22,700,887.73 2,377,943.59 0.00 I-A-3 0.00 35,470,137.08 3,691,333.49 0.00 I-A-4 0.00 1,745,130.74 182,804.41 0.00 I-A-5 0.00 49,701,849.56 8,080,129.03 0.00 I-A-6 0.00 29,000,000.00 139,298.87 0.00 I-A-7 0.00 0.00 50,259.90 0.00 I-A-R 0.00 0.00 0.00 0.00 I-A-LR 0.00 0.00 6.13 0.00 II-A-1 0.00 67,917,478.13 7,558,599.80 0.00 II-A-2 0.00 1,250,079.65 1,561.88 0.00 II-A-3 0.00 58,942,183.39 6,559,730.84 0.00 II-A-4 0.00 0.00 54,061.90 0.00 B-1 0.00 5,835,709.52 31,578.99 0.00 B-2 0.00 2,203,227.20 11,922.40 0.00 B-3 0.00 1,607,787.34 8,700.28 0.00 B-4 0.00 803,893.67 4,350.14 0.00 B-5 0.00 615,387.59 3,330.07 0.00 B-6 0.00 810,826.99 4,387.66 4.16 Totals 0.00 284,279,800.52 29,353,108.30 4.16 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-I 8,000,000.00 6,239,735.82 3,736.76 560,777.14 0.00 0.00 I-A-2 32,000,000.00 24,958,943.30 14,947.02 2,243,108.54 0.00 0.00 I-A-3 50,000,000.00 38,998,348.90 23,354.72 3,504,857.10 0.00 0.00 I-A-4 2,460,000.00 1,918,718.77 1,149.05 172,438.97 0.00 0.00 I-A-5 81,941,000.00 57,530,316.51 51,819.93 7,776,647.03 0.00 0.00 I-A-6 29,000,000.00 29,000,000.00 0.00 0.00 0.00 0.00 I-A-7 0.00 0.00 0.00 0.00 0.00 0.00 I-A-R 50.00 0.00 0.00 0.00 0.00 0.00 I-A-LR 50.00 0.00 0.00 0.00 0.00 0.00 II-A-1 100,000,000.00 75,122,422.96 53,060.70 7,151,884.14 0.00 0.00 II-A-2 1,263,624.33 1,251,641.53 1,124.75 437.13 0.00 0.00 II-A-3 86,785,000.00 65,194,994.77 46,048.73 6,206,762.65 0.00 0.00 II-A-4 0.00 0.00 0.00 0.00 0.00 0.00 B-1 5,851,000.00 5,839,502.54 3,793.02 0.00 0.00 0.00 B-2 2,209,000.00 2,204,659.22 1,432.02 0.00 0.00 0.00 B-3 1,612,000.00 1,608,832.35 1,045.01 0.00 0.00 0.00 B-4 806,000.00 804,416.18 522.50 0.00 0.00 0.00 B-5 617,000.00 615,787.57 399.98 0.00 0.00 0.00 B-6 812,951.48 811,354.00 527.01 0.00 0.00 0.00 Totals 403,357,675.81 312,099,674.42 202,961.20 27,616,912.70 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution I-A-I 564,513.89 5,675,221.93 0.70940274 564,513.89 I-A-2 2,258,055.57 22,700,887.73 0.70940274 2,258,055.57 I-A-3 3,528,211.82 35,470,137.08 0.70940274 3,528,211.82 I-A-4 173,588.02 1,745,130.74 0.70940274 173,588.02 I-A-5 7,828,466.95 49,701,849.56 0.60655654 7,828,466.95 I-A-6 0.00 29,000,000.00 1.00000000 0.00 I-A-7 0.00 0.00 0.00000000 0.00 I-A-R 0.00 0.00 0.00000000 0.00 I-A-LR 0.00 0.00 0.00000000 0.00 II-A-1 7,204,944.84 67,917,478.13 0.67917478 7,204,944.84 II-A-2 1,561.88 1,250,079.65 0.98928109 1,561.88 II-A-3 6,252,811.38 58,942,183.39 0.67917478 6,252,811.38 II-A-4 0.00 0.00 0.00000000 0.00 B-1 3,793.02 5,835,709.52 0.99738669 3,793.02 B-2 1,432.02 2,203,227.20 0.99738669 1,432.02 B-3 1,045.01 1,607,787.34 0.99738669 1,045.01 B-4 522.50 803,893.67 0.99738669 522.50 B-5 399.98 615,387.59 0.99738669 399.98 B-6 527.01 810,826.99 0.99738670 527.01 Totals 27,819,873.89 284,279,800.52 0.70478342 27,819,873.89

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-I 8,000,000.00 779.96697750 0.46709500 70.09714250 0.00000000 I-A-2 32,000,000.00 779.96697813 0.46709438 70.09714188 0.00000000 I-A-3 50,000,000.00 779.96697800 0.46709440 70.09714200 0.00000000 I-A-4 2,460,000.00 779.96697967 0.46709350 70.09714228 0.00000000 I-A-5 81,941,000.00 702.09439121 0.63240539 94.90544453 0.00000000 I-A-6 29,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-7 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 100,000,000.00 751.22422960 0.53060700 71.51884140 0.00000000 II-A-2 1,263,624.33 990.51711833 0.89009840 0.34593351 0.00000000 II-A-3 86,785,000.00 751.22422965 0.53060702 71.51884139 0.00000000 II-A-4 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 5,851,000.00 998.03495813 0.64826867 0.00000000 0.00000000 B-2 2,209,000.00 998.03495699 0.64826618 0.00000000 0.00000000 B-3 1,612,000.00 998.03495658 0.64826923 0.00000000 0.00000000 B-4 806,000.00 998.03496278 0.64826303 0.00000000 0.00000000 B-5 617,000.00 998.03495948 0.64826580 0.00000000 0.00000000 B-6 812,951.48 998.03496268 0.64826747 0.00000000 0.00000000 (2) Per $1000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A-I 0.00000000 70.56423625 709.40274125 0.70940274 70.56423625 I-A-2 0.00000000 70.56423656 709.40274156 0.70940274 70.56423656 I-A-3 0.00000000 70.56423640 709.40274160 0.70940274 70.56423640 I-A-4 0.00000000 70.56423577 709.40273984 0.70940274 70.56423577 I-A-5 0.00000000 95.53784979 606.55654141 0.60655654 95.53784979 I-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-7 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 72.04944840 679.17478130 0.67917478 72.04944840 II-A-2 0.00000000 1.23603191 989.28108641 0.98928109 1.23603191 II-A-3 0.00000000 72.04944841 679.17478124 0.67917478 72.04944841 II-A-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.64826867 997.38668945 0.99738669 0.64826867 B-2 0.00000000 0.64826618 997.38669081 0.99738669 0.64826618 B-3 0.00000000 0.64826923 997.38668734 0.99738669 0.64826923 B-4 0.00000000 0.64826303 997.38668734 0.99738669 0.64826303 B-5 0.00000000 0.64826580 997.38669368 0.99738669 0.64826580 B-6 0.00000000 0.64826747 997.38669521 0.99738670 0.64826747 (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 I-A-I 8,000,000.00 5.50000% 6,239,735.82 28,598.79 0.00 0.00 I-A-2 32,000,000.00 5.76485% 24,958,943.30 119,903.76 0.00 0.00 I-A-3 50,000,000.00 5.02000% 38,998,348.90 163,143.09 0.00 0.00 I-A-4 2,460,000.00 5.76485% 1,918,718.77 9,217.60 0.00 0.00 I-A-5 81,941,000.00 5.25000% 57,530,316.51 251,695.13 0.00 0.00 I-A-6 29,000,000.00 5.76485% 29,000,000.00 139,317.16 0.00 0.00 I-A-7 0.00 0.58695% 102,768,401.24 50,266.50 0.00 0.00 I-A-R 50.00 5.75694% 0.00 0.00 0.00 0.00 I-A-LR 50.00 5.75694% 0.00 0.00 0.00 0.00 II-A-1 100,000,000.00 5.65000% 75,122,422.96 353,701.41 0.00 0.00 II-A-2 1,263,624.33 0.00000% 1,251,641.53 0.00 0.00 0.00 II-A-3 86,785,000.00 5.65000% 65,194,994.77 306,959.77 0.00 0.00 II-A-4 0.00 0.53927% 120,315,484.28 54,069.00 0.00 0.00 B-1 5,851,000.00 5.71068% 5,839,502.54 27,789.62 0.00 0.00 B-2 2,209,000.00 5.71068% 2,204,659.22 10,491.76 0.00 0.00 B-3 1,612,000.00 5.71068% 1,608,832.35 7,656.28 0.00 0.00 B-4 806,000.00 5.71068% 804,416.18 3,828.14 0.00 0.00 B-5 617,000.00 5.71068% 615,787.57 2,930.47 0.00 0.00 B-6 812,951.48 5.71068% 811,354.00 3,861.15 0.00 0.00 Totals 403,357,675.81 1,533,429.63 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-I 3.76 0.00 28,595.03 0.00 5,675,221.93 I-A-2 15.75 0.00 119,888.02 0.00 22,700,887.73 I-A-3 21.42 0.00 163,121.67 0.00 35,470,137.08 I-A-4 1.21 0.00 9,216.39 0.00 1,745,130.74 I-A-5 33.05 0.00 251,662.08 0.00 49,701,849.56 I-A-6 18.30 0.00 139,298.87 0.00 29,000,000.00 I-A-7 6.60 0.00 50,259.90 0.00 90,847,208.58 I-A-R 0.00 0.00 0.00 0.00 0.00 I-A-LR 0.00 0.00 6.13 0.00 0.00 II-A-1 46.45 0.00 353,654.96 0.00 67,917,478.13 II-A-2 0.00 0.00 0.00 0.00 1,250,079.65 II-A-3 40.31 0.00 306,919.46 0.00 58,942,183.39 II-A-4 7.10 0.00 54,061.90 0.00 106,895,488.03 B-1 3.65 0.00 27,785.97 0.00 5,835,709.52 B-2 1.38 0.00 10,490.38 0.00 2,203,227.20 B-3 1.01 0.00 7,655.27 0.00 1,607,787.34 B-4 0.50 0.00 3,827.64 0.00 803,893.67 B-5 0.38 0.00 2,930.09 0.00 615,387.59 B-6 0.51 0.00 3,860.65 0.00 810,826.99 Totals 201.38 0.00 1,533,234.41 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 I-A-I 8,000,000.00 5.50000% 779.96697750 3.57484875 0.00000000 0.00000000 I-A-2 32,000,000.00 5.76485% 779.96697813 3.74699250 0.00000000 0.00000000 I-A-3 50,000,000.00 5.02000% 779.96697800 3.26286180 0.00000000 0.00000000 I-A-4 2,460,000.00 5.76485% 779.96697967 3.74699187 0.00000000 0.00000000 I-A-5 81,941,000.00 5.25000% 702.09439121 3.07166290 0.00000000 0.00000000 I-A-6 29,000,000.00 5.76485% 1000.00000000 4.80404000 0.00000000 0.00000000 I-A-7 0.00 0.58695% 734.36949314 0.35919780 0.00000000 0.00000000 I-A-R 50.00 5.75694% 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 50.00 5.75694% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 100,000,000.00 5.65000% 751.22422960 3.53701410 0.00000000 0.00000000 II-A-2 1,263,624.33 0.00000% 990.51711833 0.00000000 0.00000000 0.00000000 II-A-3 86,785,000.00 5.65000% 751.22422965 3.53701412 0.00000000 0.00000000 II-A-4 0.00 0.53927% 725.60121103 0.32608049 0.00000000 0.00000000 B-1 5,851,000.00 5.71068% 998.03495813 4.74955050 0.00000000 0.00000000 B-2 2,209,000.00 5.71068% 998.03495699 4.74955183 0.00000000 0.00000000 B-3 1,612,000.00 5.71068% 998.03495658 4.74955335 0.00000000 0.00000000 B-4 806,000.00 5.71068% 998.03496278 4.74955335 0.00000000 0.00000000 B-5 617,000.00 5.71068% 998.03495948 4.74954619 0.00000000 0.00000000 B-6 812,951.48 5.71068% 998.03496268 4.74954545 0.00000000 0.00000000 (5) All classes are per $1000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance I-A-I 0.00047000 0.00000000 3.57437875 0.00000000 709.40274125 I-A-2 0.00049219 0.00000000 3.74650062 0.00000000 709.40274156 I-A-3 0.00042840 0.00000000 3.26243340 0.00000000 709.40274160 I-A-4 0.00049187 0.00000000 3.74650000 0.00000000 709.40273984 I-A-5 0.00040334 0.00000000 3.07125956 0.00000000 606.55654141 I-A-6 0.00063103 0.00000000 4.80340931 0.00000000 1000.00000000 I-A-7 0.00004716 0.00000000 0.35915064 0.00000000 649.18221665 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 0.00000000 0.00000000 122.60000000 0.00000000 0.00000000 II-A-1 0.00046450 0.00000000 3.53654960 0.00000000 679.17478130 II-A-2 0.00000000 0.00000000 0.00000000 0.00000000 989.28108641 II-A-3 0.00046448 0.00000000 3.53654963 0.00000000 679.17478124 II-A-4 0.00004282 0.00000000 0.32603767 0.00000000 644.66760893 B-1 0.00062382 0.00000000 4.74892668 0.00000000 997.38668945 B-2 0.00062472 0.00000000 4.74892712 0.00000000 997.38669081 B-3 0.00062655 0.00000000 4.74892680 0.00000000 997.38668734 B-4 0.00062035 0.00000000 4.74893300 0.00000000 997.38668734 B-5 0.00061588 0.00000000 4.74893031 0.00000000 997.38669368 B-6 0.00062734 0.00000000 4.74893040 0.00000000 997.38669521 (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 29,662,864.91 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 84,550.03 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 29,747,414.94 Withdrawals Reimbursement for Servicer Advances 315,459.68 Payment of Service Fee 78,847.01 Payment of Interest and Principal 29,353,108.28 Total Withdrawals (Pool Distribution Amount) 29,747,414.97 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 23,278.29 Servicing Fee Support 23,076.91 Non-Supported Prepayment/Curtailment Interest Shortfall 201.38

SERVICING FEES Gross Servicing Fee 97,503.75 Master Servicing Fee 4,420.17 Supported Prepayment/Curtailment Interest Shortfall 23,076.91 Net Servicing Fee 78,847.01

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 1 0 0 0 1 314,298.07 0.00 0.00 0.00 314,298.07 60 Days 1 0 0 0 1 372,016.37 0.00 0.00 0.00 372,016.37 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 2 0 0 0 2 686,314.44 0.00 0.00 0.00 686,314.44 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 0.160514% 0.000000% 0.000000% 0.000000% 0.160514% 0.106388% 0.000000% 0.000000% 0.000000% 0.106388% 60 Days 0.160514% 0.000000% 0.000000% 0.000000% 0.160514% 0.125925% 0.000000% 0.000000% 0.000000% 0.125925% 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 0.321027% 0.000000% 0.000000% 0.000000% 0.321027% 0.232312% 0.000000% 0.000000% 0.000000% 0.232312%

DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 1 0 0 0 1 314,298.07 0.00 0.00 0.00 314,298.07 60 Days 1 0 0 0 1 372,016.37 0.00 0.00 0.00 372,016.37 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 2 0 0 0 2 686,314.44 0.00 0.00 0.00 686,314.44 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.308642% 0.000000% 0.000000% 0.000000% 0.308642% 0.205766% 0.000000% 0.000000% 0.000000% 0.205766% 60 Days 0.308642% 0.000000% 0.000000% 0.000000% 0.308642% 0.243553% 0.000000% 0.000000% 0.000000% 0.243553% 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 0.617284% 0.000000% 0.000000% 0.000000% 0.617284% 0.449319% 0.000000% 0.000000% 0.000000% 0.449319% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 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 137,315.41

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.288829% Weighted Average Net Coupon 5.896829% Weighted Average Pass-Through Rate 5.896829% Weighted Average Maturity(Stepdown Calculation ) 355 Beginning Scheduled Collateral Loan Count 678 Number Of Loans Paid In Full 55 Ending Scheduled Collateral Loan Count 623 Beginning Scheduled Collateral Balance 312,099,674.42 Ending Scheduled Collateral Balance 284,279,800.53 Ending Actual Collateral Balance at 30-Nov-2002 295,427,266.29 Monthly P &I Constant 1,857,744.26 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 219,021,106.04 Ending scheduled Balance For discounted Loans 65,258,694.49 Scheduled Principal 202,961.20 Unscheduled Principal 27,616,912.69 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 274,717,398.82 Greater Than 80%, less than or equal to 85% 1,793,212.47 Greater than 85%, less than or equal to 95% 7,778,699.28 Greater than 95% 0.00

Group Level Collateral Statement Group 1 2 Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.157010 6.436501 6.288829 Weighted Average Net Rate 5.765010 6.044501 5.896829 Weighted Average Maturity 355 354 355 Beginning Loan Count 353 325 678 Loans Paid In Full 29 26 55 Ending Loan Count 324 299 623 Beginning Scheduled Balance 164,925,574.48 147,174,099.94 312,099,674.42 Ending scheduled Balance 150,568,977.65 133,710,822.88 284,279,800.53 Record Date 11/30/2002 11/30/2002 11/30/2002 Principal And Interest Constant 954,491.10 903,253.16 1,857,744.26 Scheduled Principal 98,768.06 104,193.14 202,961.20 Unscheduled Principal 14,257,828.77 13,359,083.92 27,616,912.69 Scheduled Interest 845,844.32 789,313.96 1,635,158.28 Servicing Fees 51,517.16 45,986.59 97,503.75 Master Servicing Fees 2,335.45 2,084.73 4,420.17 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 791,991.72 741,242.64 1,533,234.36 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

Filing Compare · WELLS FARGO ASSET SEC CORP MORGAGE ASSET SEC 2002-D TRUST