8-K 1 arc01bc2.txt OCTOBER 8K 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 25, 2001 AMORTIZING RESIDENTIAL COLLATERAL TRUST Mortgage Pass-Through Certificates, Series 2001-BC2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-35026 Pooling and Servicing Agreement) (Commission Pending (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 11000 Broken Land Parkway Columbia, MD 21044 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 Former name or former address, if changed since last report) ITEM 5. Other Events On October 25, 2001 a distribution was made to holders of AMORTIZING RESIDENTIAL COLLATERAL TRUST, Mortgage Pass-Through Certificates, Series 2001-BC2 Trust. 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 Mortgage Pass-Through Certificates, Series 2001-BC2 Trust, relating to the October 25, 2001 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMORTIZING RESIDENTIAL COLLATERAL TRUST Mortgage Pass-Through Certificates, Series 2001-BC2 Trust By: Wells Fargo Bank Minnesota, N.A. as Master Servicer By: /s/ Beth Belfield, Officer By: Beth Belfield, Officer Date: 11/2/01 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-BC2 Trust, relating to the October 25, 2001 distribution. EX-99.1

Amortizing Residential Collateral Mortgage Trust Mortgage Pass-Through Certificates Record Date: 89/3130/01 Distribution Date: 910/25/01 ARC Series: 2001-BC2 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 A 8635725W9 SEN 9.~~79434~~78657% ~~262~~256,~~757~~838,~~928~~322.7289 2,~~279~~244,~~377~~342.0767 56,~~919~~148,~~605~~832.8312 M1 8635725Y5 SUB 9.~~79434~~78657% 10,289,000.00 89,~~255~~908.2086 0.00 M2 8635725Z2 SUB 9.~~79434~~78657% 4,749,000.00 41,~~196~~498.7142 0.00 M3 8635726A6 SUB 9.~~79434~~78657% 3,166,000.00 3233,~~739~~649.5341 0.00 B1 8635725T6 SUB 9.~~79434~~78657% 5,223,000.00 42,~~629~~596.8703 0.00 B2 8635725U3 SUB 9.~~79434~~78657% 2,532,000.00 20,~~666~~649.0665 0.00 B3 8635725V1 SUB 9.~~79434~~78657% 2,~~530~~510,~~458~~987.7360 20,~~653~~478.4829 0.00 R 8635725X7 SEN 9.~~79434~~78657% 9189.2015 0.7978 2.0513 Totals ~~291~~285,~~247~~308,~~478~~399.6564 2,~~526~~493,~~518~~124.7111 56,~~919~~148,~~607~~834.8825

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A 0.00 ~~256~~250,~~838~~689,~~322~~490.8978 8,~~198~~393,~~982~~174.9079 0.00 M1 0.00 10,289,000.00 89,~~255~~908.2086 0.00 M2 0.00 4,749,000.00 41,~~196~~498.7142 0.00 M3 0.00 3,166,000.00 3233,~~739~~649.5341 0.00 B1 0.00 5,223,000.00 42,~~629~~596.8703 0.00 B2 0.00 2,532,000.00 20,~~666~~649.0665 0.00 B3 ~~19,471~~0.1300 2,510,987.60 20,~~653~~478.4829 24,827.40 R 0.00 8987.1501 2.8491 0.00 Totals ~~19,471~~0.1300 ~~285~~279,~~308~~159,~~399~~565.6439 8,~~446~~641,~~126~~958.5936 24,827.40 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) A 288,107,000.00 ~~262~~256,~~757~~838,~~928~~322.7289 0.00 56,~~919~~148,~~605~~832.8312 0.00 0.00 M1 10,289,000.00 10,289,000.00 0.00 0.00 0.00 0.00 M2 4,749,000.00 4,749,000.00 0.00 0.00 0.00 0.00 M3 3,166,000.00 3,166,000.00 0.00 0.00 0.00 0.00 B1 5,223,000.00 5,223,000.00 0.00 0.00 0.00 0.00 B2 2,532,000.00 2,532,000.00 0.00 0.00 0.00 0.00 B3 2,535,815.00 2,~~530~~510,~~458~~987.7360 0.00 0.00 0.00 ~~19,471~~0.1300 R 100.00 9189.2015 0.00 2.0513 0.00 0.00 Totals 316,601,915.00 ~~291~~285,~~247~~308,~~478~~399.6564 0.00 56,~~919~~148,~~607~~834.8825 0.00 ~~19,471~~0.1300 (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 A 56,~~919~~148,~~605~~832.8312 ~~256~~250,~~838~~689,~~322~~490.8978 0.~~89146853~~87012634 56,~~919~~148,~~605~~832.8312 M1 0.00 10,289,000.00 1.00000000 0.00 M2 0.00 4,749,000.00 1.00000000 0.00 M3 0.00 3,166,000.00 1.00000000 0.00 B1 0.00 5,223,000.00 1.00000000 0.00 B2 0.00 2,532,000.00 1.00000000 0.00 B3 ~~19,471~~0.1300 2,510,987.60 0.99020930 0.00 R 2.0513 8987.1501 0.~~89150000~~87010000 2.0513 Totals 56,~~939~~148,~~079~~834.0125 ~~285~~279,~~308~~159,~~399~~565.6439 0.~~90115816~~88173682 56,~~919~~148,~~607~~834.8825

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 288,107,000.00 ~~912~~891.~~01508023~~46852694 0.00000000 2021.~~54655329~~34218231 0.00000000 M1 10,289,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 4,749,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 3,166,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 5,223,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 2,532,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B3 2,535,815.00 ~~997~~990.~~88775206~~20930155 0.00000000 0.00000000 0.00000000 R 100.00 ~~912~~891.~~00000000~~50000000 0.00000000 2021.~~50000000~~30000000 0.00000000 (2) All Classes are per $1,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A 0.00000000 2021.~~54655329~~34218231 ~~891~~870.~~46852694~~12634466 0.~~89146853~~87012634 2021.~~54655329~~34218231 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B3 70.~~67845052~~00000000 70.~~67845052~~00000000 990.20930155 0.99020930 0.00000000 R 0.00000000 2021.~~50000000~~30000000 ~~891~~870.~~50000000~~10000000 0.~~89150000~~87010000 2021.~~50000000~~30000000 (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 A 288,107,000.00 9.~~79434~~78657% ~~262~~256,~~757~~838,~~928~~322.7289 2,~~144~~094,~~617~~637.5367 0.00 0.00 M1 10,289,000.00 9.~~79434~~78657% 10,289,000.00 83,~~978~~911.3265 0.00 0.00 M2 4,749,000.00 9.~~79434~~78657% 4,749,000.00 38,~~761~~730.1134 0.00 0.00 M3 3,166,000.00 9.~~79434~~78657% 3,166,000.00 25,~~840~~820.7422 0.00 0.00 B1 5,223,000.00 9.~~79434~~78657% 5,223,000.00 42,~~629~~596.8703 0.00 0.00 B2 2,532,000.00 9.~~79434~~78657% 2,532,000.00 20,~~666~~649.0665 0.00 0.00 B3 2,535,815.00 9.~~79434~~78657% 2,~~530~~510,~~458~~987.7360 20,~~653~~478.4829 0.00 0.00 R 100.00 9.~~79434~~78657% 9189.2015 0.7473 0.00 0.00 Totals 316,601,915.00 2,~~377~~326,~~147~~824.8558 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 A 0.00 0.00 2,~~279~~244,~~377~~342.0767 0.00 ~~256~~250,~~838~~689,~~322~~490.8978 M1 0.00 0.00 89,~~255~~908.2086 0.00 10,289,000.00 M2 0.00 0.00 41,~~196~~498.7142 0.00 4,749,000.00 M3 0.00 0.00 3233,~~739~~649.5341 0.00 3,166,000.00 B1 0.00 0.00 42,~~629~~596.8703 0.00 5,223,000.00 B2 0.00 0.00 20,~~666~~649.0665 0.00 2,532,000.00 B3 0.00 0.00 20,~~653~~478.4829 0.00 2,510,987.60 R 0.00 0.00 0.7978 0.00 8987.1501 Totals 0.00 0.00 2,~~526~~493,~~518~~124.7111 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 A 288,107,000.00 9.~~79434~~78657% ~~912~~891.~~01508023~~46852694 7.~~44382306~~27034633 0.00000000 0.00000000 M1 10,289,000.00 9.~~79434~~78657% 1000.00000000 8.~~16195160~~15547186 0.00000000 0.00000000 M2 4,749,000.00 9.~~79434~~78657% 1000.00000000 8.~~16195199~~15547273 0.00000000 0.00000000 M3 3,166,000.00 9.~~79434~~78657% 1000.00000000 8.~~16195199~~15547063 0.00000000 0.00000000 B1 5,223,000.00 9.~~79434~~78657% 1000.00000000 8.~~16195099~~15547195 0.00000000 0.00000000 B2 2,532,000.00 9.~~79434~~78657% 1000.00000000 8.~~16195103~~15546998 0.00000000 0.00000000 B3 2,535,815.00 9.~~79434~~78657% ~~997~~990.~~88775206~~20930155 8.~~14471087~~07562460 0.00000000 0.00000000 R 100.00 9.~~79434~~78657% ~~912~~891.~~00000000~~50000000 7.~~40000000~~30000000 0.00000000 0.00000000 (5) All Classes are per $1,000 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 A 0.00000000 0.00000000 7.~~91156435~~78996231 0.00000000 ~~891~~870.~~46852694~~12634466 M1 0.00000000 0.00000000 8.~~67481777~~73834775 0.00000000 1000.00000000 M2 0.00000000 0.00000000 8.~~67481786~~73834913 0.00000000 1000.00000000 M3 0.00000000 0.00000000 10.~~34097599~~62836702 0.00000000 1000.00000000 B1 0.00000000 0.00000000 8.~~16195099~~15547195 0.00000000 1000.00000000 B2 0.00000000 0.00000000 8.~~16195103~~15546998 0.00000000 1000.00000000 B3 0.00000000 0.00000000 8.~~14471087~~07562460 0.00000000 990.20930155 R 0.00000000 0.00000000 7.~~90000000~~80000000 0.00000000 ~~891~~870.~~50000000~~10000000 (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 8,~~513~~649,~~862~~993.6114 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~307~~340,~~753~~684.8183 Realized Losses ~~(19,471~~0.~~13)~~00 Prepayment Penalties 0166,299.0053 Total Deposits 89,~~802~~156,~~145~~977.2950 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~356~~348,~~018~~719.7061 Payment of Interest and Principal 8,~~446~~641,~~126~~958.5936 Total Withdrawals (Pool Distribution Amount) 8,~~802~~990,~~145~~677.2997 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~121~~118,~~353~~878.1368 Additional Servicing Fee 0.00 Loss Mitigation Advisor's Fee 3,~~640~~566.5937 MGIC Insurance Premium ~~229~~225,~~811~~085.4577 Net Master Servicing Fee ~~921~~897.8612 Special Servicing Fee 0.00 Trustee Fee - First Union National Bank 291.67 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~356~~348,~~018~~719.7061

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 4 0 2 6 ~~573~~572,~~039~~886.8410 0.00 518,~~668~~508.9454 1,091,~~708~~394.7864 30 Days 8394 0 1 0 8495 911,~~328~~172,~~838~~176.0684 0.00 69,~~857~~840.6493 0.00 911,~~398~~242,~~695~~017.7077 60 Days 2628 12 3017 0 5747 2,~~431~~583,~~789~~983.7230 ~~463~~120,~~223~~282.3337 41,~~446~~981,~~849~~517.2821 0.00 74,~~341~~685,~~862~~782.3388 90 Days 817 2 1726 0 2745 1,~~094~~654,~~563~~813.2027 ~~171~~571,~~886~~087.6704 24,~~638~~112,~~848~~257.9852 0.00 36,~~905~~338,~~298~~157.8583 120 Days 368 3 1711 10 5722 41,~~189~~094,~~873~~563.7120 ~~359~~254,~~506~~338.14 21,~~232~~658,~~721~~081.5044 ~~61,134~~0.6300 63,~~843~~006,~~235~~982.9878 150 Days 31 2 114 114 051 ~~14 161~~3,~~053~~781,720.0012 ~~188~~277,~~837~~032.2778 1,~~699~~814,~~867~~718.6783 0425,869.0050 26,~~049~~299,~~757~~341.9423 180+ Days 1 3 85 013 123 ~~172~~24 333,~~250~~303.00 ~~541~~853,~~333~~291.0898 1,~~086~~606,~~301~~314.0955 0507,895.0073 13,~~799~~300,~~884~~805.1726 Totals ~~156~~181 1418 8482 39 ~~257~~290 1720,~~378~~620,~~367~~559.6973 2,~~297~~648,~~826~~918.3341 1211,~~174~~242,~~446~~730.1648 ~~579~~1,~~803~~452,273.5777 3235,~~430~~964,~~443~~482.7539 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.~~181736~~186480% 0.000000% 0.~~090868~~093240% 0.~~272603~~279720% 0.~~200743~~205098% 0.000000% 0.~~181697~~185631% 0.~~382440~~390729% 30 Days 34.~~771013~~382284% 0.000000% 0.~~045434~~046620% 0.000000% 34.~~816447~~428904% 3.~~268014~~999740% 0.000000% 0.~~024472~~025004% 0.000000% 34.~~292486~~024743% 60 Days 1.~~181281~~305361% 0.~~045434~~093240% 10.~~363017~~792541% 0.000000% 2.~~589732~~191142% 0.~~851888~~925089% 0.~~162273~~043062% 10.~~557790~~709401% 0.000000% 21.~~571951~~677552% 90 Days 0.~~363471~~792541% 0.~~090868~~093240% 01.~~772376~~212121% 0.000000% 12.~~226715~~097902% 0.~~383440~~592438% 0.~~060214~~204454% 01.~~924423~~472225% 0.000000% 12.~~368077~~269117% 120 Days 10.~~635620~~372960% 0.~~136302~~139860% 0.~~772376~~512821% 0.~~045434~~000000% 21.~~589732~~025641% 10.~~467768~~391863% 0.~~125940~~091055% 0.~~782152~~593608% 0.~~021416~~000000% 21.~~397275~~076527% 150 Days 01.~~090868~~445221% 0.~~045434~~093240% 0.~~499773~~652681% 0.~~000000~~186480% 02.~~636075~~377622% 01.~~056419~~353890% 0.~~066152~~099180% 0.~~595486~~649686% 0.~~000000~~152465% 02.~~718057~~255221% 180+ Days 0.~~045434~~139860% 0.~~136302~~233100% 0.~~363471~~606061% 0.~~000000~~139860% 01.~~545207~~118881% 0.~~060341~~119325% 0.~~189636~~305486% 0.~~380546~~575075% 0.~~000000~~181831% 01.~~630523~~181718% Totals 78.~~087687~~438228% 0.~~636075~~839161% 3.~~816447~~822844% 0.~~136302~~419580% 1113.~~676511~~519814% 67.~~087870~~382346% 0.~~804959~~948337% 4.~~264868~~024998% 0.~~203113~~519927% 1112.~~360810~~875608%

Delinquency Status By Groups

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 64 0 0 0 64 ~~474~~407,~~644~~206.5497 0.00 0.00 0.00 ~~474~~407,~~644~~206.5497 60 Days 4 0 10 0 54 ~~238~~308,~~469~~621.3289 0.00 ~~36,089~~0.3000 0.00 ~~274~~308,~~558~~621.6289 90 Days 12 0 10 0 2 5494,~~651~~272.4307 0.00 ~~299,311~~0.00 0.00 ~~353~~94,~~962~~272.4307 120 Days 41 0 0 0 41 ~~450~~54,~~134~~651.8143 0.00 0.00 0.00 ~~450~~54,~~134~~651.8143 150 Days 04 0 0 0 04 0450,134.0081 0.00 0.00 0.00 0450,134.0081 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 15 0 20 0 1715 1,~~217~~314,~~900~~887.1017 0.00 ~~335,400~~0.3000 0.00 1,~~553~~314,~~300~~887.4017 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 53.~~084746~~478261% 0.000000% 0.000000% 0.000000% 53.~~084746~~478261% 54.~~531582~~807250% 0.000000% 0.000000% 0.000000% 54.~~531582~~807250% 60 Days 3.~~389831~~478261% 0.000000% 0.~~847458~~000000% 0.000000% 43.~~237288~~478261% 23.~~779159~~643411% 0.000000% 0.~~420590~~000000% 0.000000% 3.~~199749~~643411% 90 Days 01.~~847458~~739130% 0.000000% 0.~~847458~~000000% 0.000000% 1.~~694915~~739130% 01.~~636916~~112921% 0.000000% 30.~~488217~~000000% 0.000000% 41.~~125133~~112921% 120 Days 30.~~389831~~869565% 0.000000% 0.000000% 0.000000% 30.~~389831~~869565% 50.~~245941~~645183% 0.000000% 0.000000% 0.000000% 50.~~245941~~645183% 150 Days 03.~~000000~~478261% 0.000000% 0.000000% 0.000000% 03.~~000000~~478261% 05.~~000000~~314031% 0.000000% 0.000000% 0.000000% 05.~~000000~~314031% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1213.~~711864~~043478% 0.000000% 10.~~694915~~000000% 0.000000% 1413.~~406780~~043478% 1415.~~193598~~522797% 0.000000% 30.~~908807~~000000% 0.000000% 1815.~~102405~~522797% 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 4 0 2 6 ~~573~~572,~~039~~886.8410 0.00 518,~~668~~508.9454 1,091,~~708~~394.7864 30 Days 7790 0 1 0 7891 810,~~854~~764,~~193~~969.5287 0.00 69,~~857~~840.6493 0.00 810,~~924~~834,~~051~~810.1680 60 Days 2224 12 2917 0 5243 2,~~193~~275,~~320~~361.4041 ~~463~~120,~~223~~282.3337 41,~~410~~981,~~759~~517.9821 0.00 74,~~067~~377,~~303~~160.7199 90 Days 715 2 1626 0 2543 1,~~039~~560,~~911~~541.7720 ~~171~~571,~~886~~087.6704 24,~~339~~112,~~537~~257.9852 0.00 36,~~551~~243,~~336~~885.4276 120 Days 327 3 1711 10 5321 31,~~739~~039,~~738~~911.9077 ~~359~~254,~~506~~338.14 21,~~232~~658,~~721~~081.5044 ~~61,134~~0.6300 62,~~393~~952,~~101~~331.1735 150 Days 27 2 114 114 047 ~~14 161~~3,~~053~~331,585.0031 ~~188~~277,~~837~~032.2778 1,~~699~~814,~~867~~718.6783 0425,869.0050 25,~~049~~849,~~757~~206.9442 180 Days 1 3 85 013 123 ~~172~~24 333,~~250~~303.00 ~~541~~853,~~333~~291.0898 1,~~086~~606,~~301~~314.0955 0507,895.0073 13,~~799~~300,~~884~~805.1726 Totals ~~141~~166 1418 82 39 ~~240~~275 1619,~~160~~305,~~467~~672.5956 2,~~297~~648,~~826~~918.3341 11,~~839~~242,~~045~~730.8648 ~~579~~1,~~803~~452,273.5777 3034,~~877~~649,~~143~~595.3522 0-29 Days 0.~~192031~~197044% 0.000000% 0.~~096015~~098522% 0.~~288046~~295567% 0.~~206965~~211513% 0.000000% 0.~~187327~~191436% 0.~~394292~~402949% 30 Days 34.~~696591~~433498% 0.000000% 0.~~048008~~049261% 0.000000% 34.~~744599~~482759% 3.~~197865~~974485% 0.000000% 0.~~025230~~025786% 0.000000% 34.~~223095~~000271% 60 Days 1.~~056169~~182266% 0.~~048008~~098522% 10.~~392223~~837438% 0.000000% 2.~~496399~~118227% 0.~~792161~~840076% 0.~~167302~~044409% 10.~~593032~~731587% 0.000000% 21.~~552495~~616072% 90 Days 0.~~336054~~738916% 0.~~096015~~098522% 01.~~768123~~280788% 0.000000% 12.~~200192~~118227% 0.~~375584~~576160% 0.~~062080~~210848% 01.~~844970~~518268% 0.000000% 12.~~282635~~305277% 120 Days 10.~~536246~~344828% 0.~~144023~~147783% 0.~~816131~~541872% 0.~~048008~~000000% 21.~~544407~~034483% 10.~~350680~~383941% 0.~~129843~~093903% 0.~~806391~~612173% 0.~~022080~~000000% 21.~~308993~~090017% 150 Days 01.~~096015~~330049% 0.~~048008~~098522% 0.~~528084~~689655% 0.~~000000~~197044% 02.~~672108~~315271% 01.~~058167~~230039% 0.~~068202~~102282% 0.~~613940~~670004% 0.~~000000~~157233% 02.~~740310~~159559% 180 Days 0.~~048008~~147783% 0.~~144023~~246305% 0.~~384061~~640394% 0.~~000000~~147783% 01.~~576092~~182266% 0.~~062211~~123057% 0.~~195513~~315040% 0.~~392339~~593060% 0.~~000000~~187518% 01.~~650063~~218675% Totals 68.~~769083~~177340% 0.~~672108~~886700% 34.~~936630~~039409% 0.~~144023~~443350% 1113.~~521843~~546798% 57.~~836669~~127759% 0.~~829905~~977995% 4.~~275903~~150877% 0.~~209407~~536187% 1112.~~151884~~792819%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~307~~340,~~753~~684.8183

COLLATERAL STATEMENT Collateral Description Fixed Mixed & ARM & Balloon Weighted Average Gross Coupon 11.~~261213~~253271% Weighted Average Net Coupon 10.~~761213~~753270% Weighted Average Pass-Through Rate 9.~~778161~~770958% Weighted Average Maturity(Stepdown Calculation ) ~~349~~348 Beginning Scheduled Collateral Loan Count 2,~~249~~201 Number Of Loans Paid In Full 4856 Ending Scheduled Collateral Loan Count 2,~~201~~145 Beginning Scheduled Collateral Balance ~~291~~285,~~247~~308,~~478~~399.6564 Ending Scheduled Collateral Balance ~~285~~279,~~308~~159,~~399~~565.6439 Ending Actual Collateral Balance at 3130-~~Aug~~Sep-2001 ~~285~~279,~~458~~322,~~905~~601.7294 Monthly P &I Constant 2,~~996~~955,~~775~~123.0719 Special Servicing Fee 0.00 Prepayment Penalties 0166,299.0053 Realized Loss Amount 0.00 Cumulative Realized Loss 024,827.0097 Ending Scheduled Balance for Premium Loans ~~285~~279,~~308~~159,~~399~~565.6439 Scheduled Principal ~~114~~113,~~237~~279.68 Unscheduled Principal 56,~~824~~035,~~841~~554.3357

Group Level Collateral Statement Group 1 2 Total Collateral Description Mixed Fixed Mixed ARM and Ball Fixed Mixed & ARM Weighted Average Coupon Rate 21.019407 11.671810 11.253271 Weighted Average Net Rate 20.519408 11.171809 10.753270 Weighted Average Maturity 173 341 348 Beginning Loan Count 118 2,083 2,201 Loans Paid In Full 3 53 56 Ending Loan Count 115 2,030 2,145 Beginning Scheduled Balance 8,574,064.90 276,734,334.74 285,308,399.64 Ending Scheduled Balance 8,463,681.19 270,695,884.20 279,159,565.39 Record Date 09/30/2001 09/30/2001 09/30/2001 Principal And Interest Constant 154,371.89 2,800,751.30 2,955,123.19 Scheduled Principal 4,187.09 109,092.59 113,279.68 Unscheduled Principal 106,196.62 5,929,357.95 6,035,554.57 Scheduled Interest 150,184.80 2,691,658.71 2,841,843.51 Servicing Fees 3,572.52 115,305.99 118,878.51 Master Servicing Fees 35.74 1,153.07 1,188.81 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 7,109.33 221,542.81 228,652.14 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 139,467.21 2,353,656.84 2,493,124.05 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 24,827.97 24,827.97 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties ~~$149~~166,~~370~~299.8653 0.00 166,299.53 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 19.519406 10.206136 9.770958

Group Level Collateral Statement Group 1 2 Total Mixed Fixe Mixed ARM and Ball Fixed Mixed & ARM Collateral Description 21.914592 11.568998 11.261213 Weighted Average Coupon Rate 20.414588 10.103143 10.761213 Weighted Average Net Rate 174 342 349 Weighted Average Maturity 119 2,130 2,249 Beginning Loan Count 1 47 48 Loans Paid In Full 118 2,083 2,201 Ending Loan Count 8,661,017.70 282,586,460.95 291,247,478.65 Beginning Scheduled Balance 8,574,064.90 276,734,334.74 285,308,399.64 Ending scheduled Balance 08/31/2001 08/31/2001 08/31/2001 Record Date 162,328.05 2,834,447.02 2,996,775.07 Scheduled Principal Principal And Interest Constant 4,159.16 110,078.52 114,237.68 Unscheduled Principal 82,793.64 5,742,047.69 5,824,841.33 Scheduled Interest 158,168.89 2,724,368.50 2,882,537.39 Servicing Fees 3,608.77 117,744.36 121,353.13 Master Servicing Fees 36.10 1,177.44 1,213.54 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 7,181.43 226,270.61 233,452.04 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 147,342.59 2,379,176.09 2,526,518.68 Realized Loss Amount 0.00 19,471.13 19,471.13 Cumulative Realized LossPercentage of Cumulative Losses 0.00 24,827.97 24,827.97 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 0.00 0.00 0.00

Filing Compare · AMORTIZING RESIDENTIAL COL TR MOR PAS THR CER SER 2001-BC2