8-K 1 sami023oct03.txt SAMI 02-3, 8K, 10/03 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): October 28, 2003 STRUCTURED ASSET MORTGAGE INVESTMENTS TRUST 2002-3 (Pass-Through Certificates Series 2002-3) (Exact name of registrant as specified in its charter) Delaware (governing law of 333-68542-01 13-3633241 Trust and Pooling Agreement) (State or other jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification Number) 383 Madison Avenue, New York, New York 10179 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (212) 272-2000 Not Applicable (Former name or former address, if changed since last report) ITEM 5 Other Events On October 28, 2003 a distribution was made to holders of Structured Asset Mortgage Investments Trust 2002-3 Pass-Through Certificates. The distribution was made pursuant to the provisions of a Trust and Pooling Agreement, dated as of April 1, 2002, among Structured Asset Mortgage Investments Inc., as seller, U.S. Bank National Association, as trustee, and U.S. Bank Trust National Association, as Delaware trustee. ITEM 7. Financial Statements and Exhibits (C) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Structured Asset Mortgage Investments Trust 2002-3 Pass-Through Certificates, relating to the October 28, 2003 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. STRUCTURED ASSET MORTGAGE INVESTMENTS TRUST 2002-3 By: U.S. Bank National Association, as Trustee By: /s/ Sheryl Christopherson Name: Sheryl Christopherson Title: Vice President Dated: November 04, 2003 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Structured Asset Mortgage Investments Trust 2002-3 Pass-Through Certificates, relating to the October 28, 2003 distribution

Structured Assets Mortgage Investment Trust Administrator: Sheryl Christopherson Pass-Through Certificates, Series 2002-3 US Bank, NA 60 Livingston Ave STATEMENT TO CERTIFICATEHOLDERS Saint Paul, MN 55107 Distribution Date: ~~September~~October,30 2003 Original Beginning Distribution Supp. Dist Total Certificate Certificate Date Principal Date Principal Principal Class Face Value Balance Distribution Distribution (1) Distribution 1A 50000000.00 0.00 0.00 0.00 0.00 2A 114000000.00 0.00 0.00 0.00 0.00 3A 61000000.00 ~~1693308~~1023283.0084 ~~670024~~1023283.1684 0.00 ~~670024~~1023283.1684 CC 51184155.00 ~~32924300~~28314001.9002 ~~4610299~~9956338.8871 0.00 ~~4610299~~9956338.8871 R 0.00 0.00 0.00 0.00 0.00 CC-1B 22884163.00 ~~17211168~~13509884.8407 ~~3701284~~3242601.7778 0.00 ~~3701284~~3242601.7778 CC-2B 10854768.00 ~~5831876~~4887905.3674 ~~943970~~2490183.6257 0.00 ~~943970~~2490183.6257 CC-3B 8661995.00 ~~9569896~~9629708.7964 ~~-59811~~4035022.8586 0.00 ~~-59811~~4035022.8586 CC-4A 8783229.00 ~~311358~~286502.9157 ~~24856~~188530.3450 0.00 ~~24856~~188530.3450 CC-IO 65061437.00 ~~2026252~~1787694.6864 0.00 0.00 0.00 Total (3) 276184155.00 ~~34617608~~29337284.9086 ~~5280324~~10979622.0455 0.00 ~~5280324~~10979622.0455

Distribution Supp. Dist Total Ending Date Realized Date Realized Realized Certificate Class Losses Losses (1) Losses Balance (2) 1A 0.00 0.00 0.00 0.00 2A 0.00 0.00 0.00 0.00 3A 0.00 0.00 0.00 ~~1023283~~0.8400 CC 0.00 0.00 0.00 ~~28314001~~18357662.0231 R 0.00 0.00 0.00 0.00 CC-1B 0.00 0.00 0.00 ~~13509884~~10267282.0729 CC-2B 0.00 0.00 0.00 ~~4887905~~2397722.7417 CC-3B 0.00 0.00 0.00 ~~9629708~~5594685.6478 CC-4A 0.00 0.00 0.00 ~~286502~~97972.5707 CC-IO 0.00 0.00 0.00 ~~1787694~~0.6400 Total (3) 0.00 0.00 0.00 ~~29337284~~18357662.8631

Distribution Supp. Dist Total Date Interest Date Interest Interest Total Interest Certificate Class Distribution Distribution (1) Distribution Distribution Shortfalls Rate 1A 0.00 0.00 0.00 0.00 0.00 6.7500% 2A 0.00 0.00 0.00 0.00 0.00 7.0000% 3A ~~10583~~6395.1852 0.00 ~~10583~~6395.1852 ~~680607~~1029679.3436 0.00 7.5000% CC ~~202722~~175974.5169 0.00 ~~202722~~175974.5169 ~~4813022~~10132313.3940 ~~1656~~632.0398 N/A R 0.00 0.00 0.00 0.00 0.00 N/A CC-1B ~~95156~~75360.7912 0.00 ~~95156~~75360.7912 ~~3796441~~3317961.5690 ~~1656~~632.0398 6.7500% CC-2B ~~34019~~28512.2878 0.00 ~~34019~~28512.2878 ~~977989~~2518696.9035 0.00 7.0000% CC-3B ~~59811~~60185.8568 0.00 ~~59811~~60185.8568 04095208.0054 0.00 7.5000% CC-4A ~~12116~~10612.5199 0.00 ~~12116~~10612.5199 ~~36972~~199143.8549 0.00 4644.~~6979~~4519% CC-IO ~~1618~~1303.0812 0.00 ~~1618~~1303.0812 ~~1618~~1303.0812 0.00 0.~~9583~~8747% Total (3) ~~213305~~182370.6921 0.00 ~~213305~~182370.6921 ~~5493629~~11161992.7376 ~~1656~~632.0398

(1) If applicable. (2) Class CC-1B Ending Balance includes accrual amount of 0.00 Class CC-2B Ending Balance includes accrual amount of 0.00 Class CC-3B Ending Balance includes accrual amount of 0.00 (3) Totals do not include Class CC component breakout

AMOUNTS PER $1,000 UNIT Ending Principal Interest Total Realized Certificate Class Cusip Distribution Distribution Distribution Losses Balance 1A 86358HNC9 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2A 86358HND7 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3A 86358HNE5 1016.~~98400262~~77514492 0.~~17349475~~10484459 1116.~~15749738~~87998951 0.00000000 160.~~77514492~~00000000 CC 86358HNF2 90194.~~07279460~~51993903 3.~~96064983~~43806961 94197.~~03344443~~95800864 0.00000000 ~~553~~358.~~17902620~~65908717 CC-1B N/A ~~161~~141.~~74001077~~69632422 43.~~15819424~~29311227 ~~165~~144.~~89820500~~98943649 0.00000000 ~~590~~448.~~35954559~~66322137 CC-2B N/A 86229.~~96368453~~40919327 32.~~13404027~~62675167 90232.~~09772480~~03594494 0.00000000 ~~450~~220.~~30034175~~89114848 CC-3B N/A -6465.~~90508942~~83066141 6.~~90508942~~94824691 0472.~~00000000~~77890832 0.00000000 ~~1111~~645.~~71948725~~88882584 CC-4A N/A 221.~~82997745~~46482803 1.~~37950519~~20832441 422.~~20948264~~67315244 0.00000000 3211.~~61927590~~15444787 CC-IO N/A 0.00000000 0.~~02487003~~02002907 0.~~02487003~~02002907 0.00000000 270.~~47702360~~00000000 R 86358HNG0 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000

Pursuant to Section 3.06 (a) of the Pooling Agreement dated April 1, 2002 (i) Available Principal 10979622.54 Available Interest 182370.22 Total Available Funds 11161992.76 (ii) Amount of interest being distributed to each Class of Certificates and the Certificate Rates for each Class of Certificates. See Page 1 (iii) Accrual Amounts for the Class CC-1B, Class CC-2B and Class CC-3B Certificates See Page 1 (iv) Amount of reinvestment income distributed to the Trustee 0.00 (v) Amount of principal being distributed to each Class of Certificates See Page 1 (vi) Loss Amounts allocated to each Class of Certificates Class Current Period Since Issuance 1A 0.00 0.00 2A 0.00 0.00 3A 0.00 0.00 CC 0.00 0.00 CC-1B 0.00 0.00 CC-2B 0.00 0.00 CC-3B 0.00 0.00 CC-4A 0.00 0.00 (vii) Class Principal Balances for each Class of Certificates See Page 1 (viii) Aggregate Pooled Security Distribution Date Principal Balance as of the second immediately preceding Pooled Security Distribution 29337285.19 (ix) Aggregate Pooled Security Distribution Date Principal Balance as of the immediately preceding Pooled Security Distribution Date 18,357,662.65

Structured Assets Mortgage Investment Trust Administrator: Sheryl Christopherson Pass-Through Certificates, Series 2002-3 US Bank, NA 60 Livingston Ave STATEMENT TO CERTIFICATEHOLDERS St. Paul, MN 55107 Distribution Date: ~~September~~October,30 2003 Pursuant to Section 3.06 (b) of the Pooling Agreement dated March 1, 2001 (i) (A), (B), (C), (E), (G), (H) Class A-1 and Class CC-1B Related Pooled Securities Issue Series Cusip Beginning Ending Principal Interest Total Certificate Number Balance Balance Distributed Distributed Distributed AMAC 98-1 (1A-1-5) 00077BEY5 ~~8289802.00~~ 7150203.16 ~~1139598~~5819460.8425 ~~46630~~1330742.1491 ~~1186228~~40219.9889 1370962.80 MRFC 98-2 (A-11-2)* 060506AB8 0.00 0.00 0.00 0.00 0.00 MRFC 98-2 (A-11-4) 16162TDC7 ~~8921507.50~~ 6359821.57 ~~2561685~~4447962.9371 ~~48526~~1911858.6587 ~~2610212~~35140.5823 ~~Total 17211309~~1946999.5009 Total 13510024.73 ~~3701284~~10267422.7796 ~~95156~~3242601.7978 ~~3796441~~75360.5612 3317961.89 Current Period Cumulative Stated Effective Realized Realized Interest Interest Interest Interest Losses Losses Shortfall $ Shortfall % Rate Rate AMAC 98-1 (1A-1-5) 0.00 0.00 0.00 0.000% 6.750% 6.750% MRFC 98-2 (A-11-2)* 0.00 0.00 0.00 0.000% 6.750% 0.000% MRFC 98-2 (A-11-4) 0.00 0.00 ~~1656~~633.8377 0.~~223~~120% 6.750% 6.~~527~~630% Total 0.00 0.00 0.00 0.000% 0.000% *Interest is Deferred

Class A-2 and Class CC-2B Related Pooled Securities Issue Series Cusip Beginning Ending Principal Interest Total Certificate Number Balance Balance Distributed Distributed Distributed AMAC 98-1 (1A-1-3) 055240KN4 0.00 0.00 0.00 0.00 0.00 CHEMPT 94-3 (A-6 PAC) 055240KV6 ~~2962783.01~~ 2826457.74 ~~136325~~2397722.2748 ~~17282~~428735.9026 ~~153608~~16487.1767 445222.93 CHEMPT 94-3 (A-6 TAC) 055240LQ6 0.00 0.00 0.00 0.00 0.00 GECMS 96-6 (A-12B TAC) 172953JE2 0.00 0.00 0.00 0.00 0.00 GECMS 96-6 (A-12C TAC) 12669AK37 0.00 0.00 0.00 0.00 0.00 GECMS 97-9 (1-A11 4) 36157RWB7 0.00 0.00 0.00 0.00 0.00 HSMS 98-2 (1A-1 three) 36157RYG4 0.00 0.00 0.00 0.00 0.00 PHMSC 95-7 (A-11B) 66937REF2 0.00 0.00 0.00 0.00 0.00 PHMSC 95-7 (A-11C) 66937RGW3 0.00 0.00 0.00 0.00 0.00 PHMSC 96-6 (A-4 TAC ACC) 66937RQQ5 0.00 0.00 0.00 0.00 0.00 PHMSC 98-1 (II-A-1-2) 69348RAN6 0.00 0.00 0.00 0.00 0.00 PHMSC 98-1 (II-A-1-5) 69348RAU0 ~~2869093.66~~ 2061448.31 ~~807645~~0.3500 ~~16736~~2061448.3831 ~~824381~~12025.7312 ~~Total 5831876~~2073473.6743 Total 4887906.05 ~~943970~~2397722.6248 ~~34019~~2490183.2857 ~~977989~~28512.9079 2518696.36 Current Period Cumulative Stated Effective Issue Series Realized Realized Interest Interest Interest Interest Certificate Losses Losses Shortfall $ Shortfall % Rate Rate AMAC 98-1 (1A-1-3) 0.00 0.00 0.00 0.000% 7.000% 0.000% CHEMPT 94-3 (A-6 PAC) 0.00 0.00 0.00 0.000% 7.000% 7.000% CHEMPT 94-3 (A-6 TAC) 0.00 0.00 0.00 0.000% 7.000% 0.000% GECMS 96-6 (A-12B TAC) 0.00 0.00 0.00 0.000% 7.000% 0.000% GECMS 96-6 (A-12C TAC) 0.00 0.00 0.00 0.000% 7.000% 0.000% GECMS 97-9 (1-A11 4) 0.00 0.00 0.00 0.000% 7.000% 0.000% HSMS 98-2 (1A-1 three) 0.00 0.00 0.00 0.000% 7.000% 0.000% PHMSC 95-7 (A-11B) 0.00 0.00 0.00 0.000% 7.000% 0.000% PHMSC 95-7 (A-11C) 0.00 0.00 0.00 0.000% 7.000% 0.000% PHMSC 96-6 (A-4 TAC ACC) 0.00 0.00 0.00 0.000% 7.000% 0.000% PHMSC 98-1 (II-A-1-2) 0.00 0.00 0.00 0.000% 7.000% 0.000% PHMSC 98-1 (II-A-1-5) 0.00 0.00 0.00 0.000% 7.000% 7.000% Total 0.00 0.00 0.00 0.000% 7.000%

Class A-3 and Class CC-3B Related Pooled Securities Issue Series Cusip Beginning Ending Principal Interest Total Certificate Number Balance Balance Distributed Distributed Distributed CHEMPT 94-3 (A-6 PAC) 060506DQ2 ~~6913160.37~~ 6595068.07 ~~318092~~5594685.3080 ~~43207~~1000382.2527 ~~361299~~41219.5518 1041601.45 CHEMPT 94-3 (A-6 TAC) 1616263L8 0.00 0.00 0.00 0.00 0.00 PHMSC 95-7 (A-11A) 16162TAA4 0.00 0.00 0.00 0.00 0.00 PHMSC 96-6 (A-4 TAC ACC) 16162TDC7 0.00 0.00 0.00 0.00 0.00 PHMSC 98-1 (II-A-1-2) 16162TMW3 0.00 0.00 0.00 0.00 0.00 PNCMS 95-2 (A-7 T-2) 172953EY3 ~~4350044.44~~ 4057924.43 ~~292120~~0.0100 ~~27187~~4057924.7843 ~~319307~~25362.7903 4083286.46 SASI 95-4 (A-8 ACCSCH) 12669ATF1 0.00 0.00 0.00 0.00 0.00 Total ~~11263204.81~~ 10652992.50 ~~610212~~5594685.3180 ~~70395~~5058306.0370 ~~680607~~66581.3421 5124887.91 Current Period Cumulative Stated Effective Realized Realized Interest Interest Interest Interest Losses Losses Shortfall $ Shortfall % Rate Rate CHEMPT 94-3 (A-6 PAC) 0.00 0.00 0.00 0.000% 7.500% 7.500% CHEMPT 94-3 (A-6 TAC) 0.00 0.00 0.00 0.000% 7.500% 0.000% PHMSC 95-7 (A-11A) 0.00 0.00 0.00 0.000% 7.500% 0.000% PHMSC 96-6 (A-4 TAC ACC) 0.00 0.00 0.00 0.000% 7.500% 0.000% PHMSC 98-1 (II-A-1-2) 0.00 0.00 0.00 0.000% 7.500% 0.000% PNCMS 95-2 (A-7 T-2) 0.00 0.00 0.00 0.000% 7.500% 7.500% SASI 95-4 (A-8 ACCSCH) 0.00 0.00 0.00 0.000% 7.500% 0.000% Total 0.00 0.00 0.00 0.000% 7.500%

Class CC-4A Related Pooled Securities Issue Series Cusip Beginning Ending Principal Interest Total Certificate Number Balance Balance Distributed Distributed Distributed AMAC 98-1 (1A-1-1) 00077BJM6 0.00 0.00 0.00 0.00 0.00 AMAC 98-1 (1A-1-4) 073914YT4 ~~81129.21~~ 81018.25 ~~110~~65782.9620 15236.05 0.00 ~~110~~15236.9605 AMAC 98-1 (1A-1-6)** 16162TNR3 ~~553679.21~~ 502859.96 430514.58 0.00 ~~3114~~2828.4559 ~~3114~~2828.4559 GECMS 97-9 (1-A11 B PO2) 1729215M6 0.00 0.00 0.00 0.00 0.00 HSMS 98-2 (1A-1 One) 172953CA7 0.00 0.00 0.00 0.00 0.00 HSMS 98-2 (1A-1 Four) 172953FZ9 ~~17273.98~~ 16068.54 ~~1205~~16035.4493 32.61 0.00 ~~1205~~32.4461 HSMS 98-2 (1A-1 Five)** 12669BDE9 ~~570305.76~~ 507459.93 409881.41 0.00 ~~3207~~2854.9746 ~~3207~~2854.9746 MRFC 98-2 (A-11-5)** 12669BDF6 ~~21517865.41~~ 18304717.36 15841253.39 0.00 ~~2351~~2041.3759 ~~2351~~2041.3759 MRFC 98-2 (A-11-6) 12669BKC5 ~~16625.78~~ 16492.54 ~~133~~16154.2461 337.93 0.00 ~~133~~337.2493 PHMSC 96-6 (A-4 PO) 36157RCL7 0.00 0.00 0.00 0.00 0.00 PHMSC 96-6 (A-4 IO B)** 36157RPZ2 0.00 0.00 0.00 0.00 0.00 PNCMS 95-2 (A-7 PO) 36158GGZ5 ~~120959.33~~ 120019.57 ~~939~~0.7600 120019.57 0.00 ~~939~~120019.7657 PNCMS 95-2 (A-7 W)** 36157R6S9 ~~8605554.01~~ 8077272.90 0.00 ~~717~~0.1300 ~~717~~673.1311 673.11 PHMSC 98-1 (II-A-1-1) 66937NXJ2 ~~51753.15~~ 29318.39 ~~22434~~0.7600 29318.39 0.00 ~~22434~~29318.7639 PHMSC 98-1 (II-A-1-4) 66937NL55 ~~23618.13~~ 23585.95 320.1800 23585.95 0.00 3223585.1895 PHMSC 98-1 (II-A-1-6)** 66937RF53 ~~467244~~379756.29 ~~379756~~0.2300 0.00 ~~2725~~2215.5925 ~~2725~~2215.5925 SASI 95-4 (A-8 PO) 69348LTW9 0.00 0.00 0.00 0.00 0.00 Total ~~311359.58~~ 286503.24 ~~24856~~97972.3474 ~~12116~~188530.5150 ~~36972~~10613.8500 199143.50 **Denotes Notional Class Current Period Cumulative Stated Effective Issue Series Realized Realized Interest Interest Interest Interest Certificate Losses Losses Shortfall $ Shortfall % Rate Rate AMAC 98-1 (1A-1-1) 0.00 0.00 0.00 0.000% 0.000% 0.000% AMAC 98-1 (1A-1-4) 0.00 0.00 0.00 0.000% 0.000% 0.000% AMAC 98-1 (1A-1-6)** 0.00 0.00 0.00 0.000% 6.750% 6.750% GECMS 97-9 (1-A11 B PO2) 0.00 0.00 0.00 0.000% 0.000% 0.000% HSMS 98-2 (1A-1 One) 0.00 0.00 0.00 0.000% 0.000% 0.000% HSMS 98-2 (1A-1 Four) 0.00 0.00 0.00 0.000% 0.000% 0.000% HSMS 98-2 (1A-1 Five)** 0.00 0.00 0.00 0.000% 6.750% 6.750% MRFC 98-2 (A-11-5)** 0.00 0.00 0.00 0.000% 0.~~131~~134% 0.~~131~~134% MRFC 98-2 (A-11-6) 0.00 0.00 0.00 0.000% 0.000% 0.000% PHMSC 96-6 (A-4 PO) 0.00 0.00 0.00 0.000% 0.000% 0.000% PHMSC 96-6 (A-4 IO B)** 0.00 0.00 0.00 0.000% 0.000% 0.000% PNCMS 95-2 (A-7 PO) 0.00 0.00 0.00 0.000% 0.000% 0.000% PNCMS 95-2 (A-7 W)** 0.00 0.00 0.00 0.000% 0.100% 0.100% PHMSC 98-1 (II-A-1-1) 0.00 0.00 0.00 0.000% 0.000% 0.000% PHMSC 98-1 (II-A-1-4) 0.00 0.00 0.00 0.000% 0.000% 0.000% PHMSC 98-1 (II-A-1-6)** 0.00 0.00 0.00 0.000% 7.000% 7.000% SASI 95-4 (A-8 PO) 0.00 0.00 0.00 0.000% 0.000% 0.000% Total 0.00 0.00 0.00 0.000% 4644.~~698~~452% **Denotes Notional Class

Class CC-IO Related Pooled Securities Issue Series Cusip Beginning Ending Principal Interest Total Certificate Number Balance Balance Distributed Distributed Distributed AMAC 98-1 (1A-1-2)** 1729215M6 0.00 0.00 0.00 0.00 0.00 GECMS 96-6 (A-12D IO)** 12669BKC5 0.00 0.00 0.00 0.00 0.00 GECMS 97-9 (1-A11 F IO6)** 12669BHC9 0.00 0.00 0.00 0.00 0.00 HSMS 98-2 (1A-1 Two)** 36157R6S9 0.00 0.00 0.00 0.00 0.00 MRFC 98-2 (A-11-3)** 66937RF53 0.00 0.00 0.00 0.00 0.00 PHMSC 95-7 (A-11A)** 74434UQW7 0.00 0.00 0.00 0.00 0.00 PHMSC 96-6 (A-4 IO a)** 76110FV34 0.00 0.00 0.00 0.00 0.00 PNCMS 95-2 (A-7-S-2) ** 760944QB7 ~~1944893.84~~ 1720138.09 0.00 ~~1215~~0.5600 ~~1215~~1075.5609 1075.09 PHMSC 98-1 (II-A-1-3)** ~~67556~~38271.5508 ~~67556~~0.5500 0.00 ~~402~~228.5203 ~~402~~228.5203 SASI 95-4 (A-8 IO)** 0.00 0.00 0.00 0.00 0.00 Total ~~2012450~~1758409.3917 ~~1787694~~0.6400 0.00 ~~1618~~1303.0812 ~~1618~~1303.0812 **Denotes Notional Class Current Period Cumulative Stated Effective Issue Series Realized Realized Interest Interest Interest Interest Certificate Losses Losses Shortfall $ Shortfall % Rate Rate AMAC 98-1 (1A-1-2)** 0.00 0.00 0.00 0.000% 7.000% 0.000% GECMS 96-6 (A-12D IO)** 0.00 0.00 0.00 0.000% 7.000% 0.000% GECMS 97-9 (1-A11 F IO6)** 0.00 0.00 0.00 0.000% 0.500% 0.000% HSMS 98-2 (1A-1 Two)** 0.00 0.00 0.00 0.000% 7.000% 0.000% MRFC 98-2 (A-11-3)** 0.00 0.00 0.00 0.000% 6.750% 0.000% PHMSC 95-7 (A-11A)** 0.00 0.00 0.00 0.000% 1.100% 0.000% PHMSC 96-6 (A-4 IO a)** 0.00 0.00 0.00 0.000% 7.250% 0.000% PNCMS 95-2 (A-7-S-2) ** 0.00 0.00 0.00 0.000% 0.750% 0.750% PHMSC 98-1 (II-A-1-3)** 0.00 0.00 0.00 0.000% 7.150% 7.150% SASI 95-4 (A-8 IO)** 0.00 0.00 0.00 0.000% 7.500% 0.000% Total 0.00 0.00 0.00 0.000% 0.~~958~~875% **Denotes Notional Class

CASH RECONCILIATION DEAL NAME: Structured Asset Mortgage Investment Trust 2002-3 SERIES: Pass-Through Certificates, Series 2002-3 ISSUE DATE: 04/30/02 DISTRIBUTION DATE: 10/30/03 RUN DATE: 11/04/03 CASH RECONCILIATION A. Collections on Underlying Certificates 11161992.76 Total Collections 11161992.76 DISTRIBUTION SUMMARY AND RECONCILIATION: B. Distributions (Section 3.05) 1A 0.00 2A 0.00 3A 1029679.36 CC 10132313.40 R 0.00 CC-1B 3317961.90 CC-2B 2518696.35 CC-3B 4095208.54 CC-4A 199143.49 CC-IO 1303.12 Total Amount Distributed 11161992.76 Difference between A and B 0.00

Filing Compare · STRUCTURED ASSET MORTGAGE INVESTMENTS TRUST 2002-3