8-K 1 sac01011.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 STRUCTURED ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2001-11 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-63602-01 Pooling and Servicing Agreement) (Commission 52-2316419 (State or other File Number) 52-2316420 jurisdiction IRS EIN 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 STRUCTURED ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2001-11 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 2001-11 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. STRUCTURED ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2001-11 Trust By: Wells Fargo Bank Minnesota, NA, as Trustee By: /s/ Beth Belfield, Officer By: Beth Belfield, Officer Date: 11/5/01 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-11 Trust, relating to the October 25, 2001 distribution. EX-99.1

Structured Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 89/3130/01 Distribution Date: 910/25/01 SASC Series: 2001-11 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-A1 86358RGJ0 SEN 6.50000% 4241,~~211~~243,~~325~~792.4116 ~~228~~223,~~644~~403.6887 ~~967~~1,~~533~~196,350.2516 1-A2 86358RGK7 SEN 5.75000% 9,~~865~~730,000.00 4746,~~269~~622.7992 135,000.00 1-A3 86358RGL5 SEN 6.25000% 1413,~~471~~709,~~903~~196.4399 7571,~~374~~402.5007 ~~762~~975,~~706~~009.4464 1-A5 86358RGM3 SEN 7.00000% 0.00 9088,~~806~~686.1549 0.00 1-A6 86358RGN1 SEN 5.75000% 32,~~953~~507,~~750~~500.00 ~~157~~155,~~903~~765.3910 446,250.00 1-A7 86358RGP6 SEN 6.60000% 5856,~~710~~807,~~891~~797.7118 ~~322~~312,~~909~~442.9088 12,~~903~~458,~~094~~703.5308 1-A8 86358RGQ4 SEN 7.00000% ~~982~~958,~~489~~785.7702 5,~~731~~592.1991 2329,~~704~~310.7581 1-A9 86358RGR2 SEN 7.00000% 0.00 2,612.50 0.00 1-AP 86358RGS0 PO 0.00000% 33,~~627~~598.4267 0.00 28.7592 2-A1 86358RGT8 SEN 43.~~13000~~21125% 4946,~~483~~664,~~704~~887.0603 ~~170~~124,~~306~~877.4118 235,~~818,817~~754.0320 2-A2 86358RGU5 SEN 45.~~37000~~28875% 0.00 99119,~~350~~015.4250 0.00 2-A3 86358RGV3 SEN 45.~~37000~~28875% 0.00 8086,~~852~~650.7427 0.00 2-A5 86358RGW1 SEN 8.50000% 0.00 4,225.00 0.00 2-AP 86358RGX9 PO 0.00000% 752,~~701~~129.3235 0.00 ~~571~~518.9748 A4 86358RGY7 SEN 6.75000% 19,500,000.00 109,687.50 0.00 B1 86358RGZ4 SUB 7.~~34985~~34988% 7,~~438~~433,~~126~~132.7409 45,~~557~~527.6218 4,~~994~~997.6619 B2 86358RHA8 SUB 7.~~34985~~34988% 2,~~478~~476,~~376~~712.2402 15,~~179~~169.7561 1,~~664~~665.2106 B3 86358RHB6 SUB 7.~~34985~~34988% 1,~~982~~981,~~700~~369.9962 12,~~143~~135.8069 1,~~331~~332.3705 B4 86358RGF8 SUB 7.~~34985~~34988% 1,~~115~~114,~~269~~520.3141 6,~~830~~826.8932 ~~748~~749.9028 B5 86358RGG6 SUB 7.~~34985~~34988% ~~866~~865,~~432~~850.3453 5,~~306~~303.7925 ~~581~~582.8010 B6 86358RGH4 SUB 7.~~34985~~34988% ~~998~~997,~~445~~775.4702 6,~~115~~111.3627 670.4579 LT-R SAC111LTR SEN 0.00000% 0.00 0.0100 0.00 R 86358RHC4 SEN 6.90000% 0.00 0.00 0.00 Totals ~~243~~236,~~844~~777,~~744~~046.2109 1,~~486~~442,~~808~~057.3951 75,~~067~~286,~~698~~921.1176

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 4140,~~243~~047,~~792~~442.1601 1,~~196~~419,~~177~~754.9303 0.00 1-A2 0.00 9,~~730~~595,000.00 ~~182~~181,~~269~~622.7992 0.00 1-A3 0.00 1312,~~709~~734,~~196~~187.9934 ~~838~~1,~~080~~046,411.9471 0.00 1-A5 0.00 0.00 9088,~~806~~686.1549 0.00 1-A6 0.00 32,~~507~~061,~~500~~250.00 ~~604~~602,~~153~~015.3910 0.00 1-A7 0.00 5654,~~807~~349,~~797~~094.1810 2,~~226~~771,~~004~~145.4396 0.00 1-A8 0.00 ~~958~~929,~~785~~474.0221 2934,~~435~~903.9472 0.00 1-A9 0.00 0.00 2,612.50 0.00 1-AP 0.00 33,~~598~~569.6775 28.7592 0.00 2-A1 0.00 46,~~664~~629,~~887~~132.0383 2160,~~989,123~~631.4438 0.00 2-A2 0.00 0.00 99119,~~350~~015.4250 0.00 2-A3 0.00 0.00 8086,~~852~~650.7427 0.00 2-A5 0.00 0.00 4,225.00 0.00 2-AP 0.00 ~~752~~751,~~129~~610.3587 ~~571~~518.9748 0.00 A4 0.00 19,500,000.00 109,687.50 0.00 B1 0.00 7,~~433~~428,~~132~~134.0990 50,~~552~~524.2837 0.00 B2 0.00 2,~~476~~475,~~712~~046.0296 16,~~843~~834.9667 0.00 B3 0.00 1,~~981~~980,~~369~~037.6257 13,~~475~~467.1774 0.00 B4 0.00 1,~~114~~113,~~520~~771.4113 7,~~579~~575.7960 0.00 B5 0.00 865,~~850~~268.5343 5,~~888~~885.5935 0.00 B6 0.00 997,~~775~~104.0223 6,~~785~~782.8106 0.00 LT-R 0.00 0.00 0.0100 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 ~~236~~231,~~777~~490,~~046~~124.0933 86,~~554~~728,~~506~~979.5027 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-A1 42,926,000.00 4241,~~211~~243,~~325~~792.4116 27,~~784~~356.5423 ~~939~~1,~~748~~168,993.7192 0.00 0.00 1-A2 10,000,000.00 9,~~865~~730,000.00 3,~~876~~086.7897 131,~~123~~913.2203 0.00 0.00 1-A3 15,000,000.00 1413,~~471~~709,~~903~~196.4399 2122,~~902~~294.5597 ~~740~~952,~~803~~714.8967 0.00 0.00 1-A5 0.00 0.00 0.00 0.00 0.00 0.00 1-A6 33,400,000.00 32,~~953~~507,~~750~~500.00 1210,~~814~~204.9114 ~~433~~436,~~435~~045.0986 0.00 0.00 1-A7 60,000,000.00 5856,~~710~~807,~~891~~797.7118 5456,~~650~~221.9471 12,~~848~~402,~~443~~481.6037 0.00 0.00 1-A8 1,000,000.00 ~~982~~958,~~489~~785.7702 ~~680~~670.73 23 28,~~024~~640.0258 0.00 0.00 1-A9 0.00 0.00 0.00 0.00 0.00 0.00 1-AP 33,656.00 33,~~627~~598.4267 28.0926 0.65 0.00 0.00 2-A1 50,634,000.00 4946,~~483~~664,~~704~~887.0603 3129,~~577~~041.3822 26,~~787,239~~712.6598 0.00 0.00 2-A2 0.00 0.00 0.00 0.00 0.00 0.00 2-A3 0.00 0.00 0.00 0.00 0.00 0.00 2-A5 0.00 0.00 0.00 0.00 0.00 0.00 2-AP 757,582.00 752,~~701~~129.3235 ~~474~~478.7874 9739.2074 0.00 0.00 A4 19,500,000.00 19,500,000.00 0.00 0.00 0.00 0.00 B1 7,443,000.00 7,~~438~~433,~~126~~132.7409 4,~~994~~997.6619 0.00 0.00 0.00 B2 2,480,000.00 2,~~478~~476,~~376~~712.2402 1,~~664~~665.2106 0.00 0.00 0.00 B3 1,984,000.00 1,~~982~~981,~~700~~369.9962 1,~~331~~332.3705 0.00 0.00 0.00 B4 1,116,000.00 1,~~115~~114,~~269~~520.3141 ~~748~~749.9028 0.00 0.00 0.00 B5 867,000.00 ~~866~~865,~~432~~850.3453 ~~581~~582.8010 0.00 0.00 0.00 B6 999,099.62 ~~998~~997,~~445~~775.4702 670.4579 0.00 0.00 0.00 LT-R 0.00 0.00 0.00 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 Totals 248,140,437.62 ~~243~~236,~~844~~777,~~744~~046.2109 ~~163~~159,~~782~~378.0994 65,~~903~~127,~~916~~542.0380 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 1-A1 ~~967~~1,~~533~~196,350.2516 4140,~~243~~047,~~792~~442.1601 0.~~96081145~~93294139 ~~967~~1,~~533~~196,350.2516 1-A2 135,000.00 9,~~730~~595,000.00 0.~~97300000~~95950000 135,000.00 1-A3 ~~762~~975,~~706~~009.4464 1312,~~709~~734,~~196~~187.9934 0.~~91394647~~84894582 ~~762~~975,~~706~~009.4464 1-A5 0.00 0.00 0.00000000 0.00 1-A6 446,250.00 32,~~507~~061,~~500~~250.00 0.~~97327844~~95991766 446,250.00 1-A7 12,~~903~~458,~~094~~703.5308 5654,~~807~~349,~~797~~094.1810 0.~~94679662~~90581823 12,~~903~~458,~~094~~703.5308 1-A8 2329,~~704~~310.7581 ~~958~~929,~~785~~474.0221 0.~~95878502~~92947421 2329,~~704~~310.7581 1-A9 0.00 0.00 0.00000000 0.00 1-AP 28.7592 33,~~598~~569.6775 0.~~99829659~~99743731 28.7592 2-A1 235,~~818,817~~754.0320 46,~~664~~629,~~887~~132.0383 0.~~92161170~~92090557 235,~~818,817~~754.0320 2-A2 0.00 0.00 0.00000000 0.00 2-A3 0.00 0.00 0.00000000 0.00 2-A5 0.00 0.00 0.00000000 0.00 2-AP ~~571~~518.9748 ~~752~~751,~~129~~610.3587 0.~~99280256~~99211817 ~~571~~518.9748 A4 0.00 19,500,000.00 1.00000000 0.00 B1 4,~~994~~997.6619 7,~~433~~428,~~132~~134.0990 0.~~99867420~~99800281 4,~~994~~997.6619 B2 1,~~664~~665.2106 2,~~476~~475,~~712~~046.0296 0.~~99867420~~99800281 1,~~664~~665.2106 B3 1,~~331~~332.3705 1,~~981~~980,~~369~~037.6257 0.~~99867420~~99800281 1,~~331~~332.3705 B4 ~~748~~749.9028 1,~~114~~113,~~520~~771.4113 0.~~99867420~~99800280 ~~748~~749.9028 B5 ~~581~~582.8010 865,~~850~~268.5343 0.~~99867420~~99800280 ~~581~~582.8010 B6 670.4579 997,~~775~~104.0223 0.~~99867421~~99800281 670.4579 LT-R 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 75,~~067~~286,~~698~~921.1176 ~~236~~231,~~777~~490,~~046~~124.0933 0.~~95420581~~93289964 75,~~067~~286,~~698~~921.1176

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 42,926,000.00 ~~983~~960.~~35100895~~81144668 0.~~64726599~~63728812 2127.~~89229628~~23277081 0.00000000 1-A2 10,000,000.00 ~~986~~973.~~50000000~~00000000 0.~~38767800~~30869700 13.~~11232200~~19130300 0.00000000 1-A3 15,000,000.00 ~~964~~913.~~79356200~~94646600 1.~~46017000~~48633133 4963.~~38692600~~51431133 0.00000000 1-A5 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A6 33,400,000.00 ~~986~~973.~~63922156~~27844311 0.~~38367994~~30551317 1213.~~97709850~~05526527 0.00000000 1-A7 60,000,000.00 ~~978~~946.~~51486183~~79661967 0.~~91084900~~93702850 3040.~~80739333~~04135617 0.00000000 1-A8 1,000,000.00 ~~982~~958.~~48977000~~78502000 0.~~68073000~~67023000 2328.~~02402000~~64058000 0.00000000 1-A9 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-AP 33,656.00 ~~999~~998.~~15082006~~29658902 0.~~83462087~~83967198 0.01931305 0.00000000 2-A1 50,634,000.00 ~~977~~921.~~28214362~~61170419 0.~~62363985~~57355176 550.~~04679958~~13257850 0.00000000 2-A2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A5 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2-AP 757,582.00 ~~993~~992.~~55755549~~80256131 0.~~62670444~~63193159 0.~~12830294~~05245637 0.00000000 A4 19,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 7,443,000.00 ~~999~~998.~~34525595~~67420261 0.~~67105468~~67139460 0.00000000 0.00000000 B2 2,480,000.00 ~~999~~998.~~34525806~~67420161 0.~~67105242~~67139516 0.00000000 0.00000000 B3 1,984,000.00 ~~999~~998.~~34525706~~67420363 0.~~67105343~~67139617 0.00000000 0.00000000 B4 1,116,000.00 ~~999~~998.~~34525986~~67420251 0.~~67105735~~67139785 0.00000000 0.00000000 B5 867,000.00 ~~999~~998.~~34525952~~67419839 0.~~67104960~~67139562 0.00000000 0.00000000 B6 999,099.62 ~~999~~998.~~34526049~~67420628 0.~~67105420~~67139451 0.00000000 0.00000000 LT-R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A1 0.00000000 2227.~~53956227~~87005917 ~~960~~932.~~81144668~~94138774 0.~~96081145~~93294139 2227.~~53956227~~87005917 1-A2 0.00000000 13.50000000 ~~973~~959.~~00000000~~50000000 0.~~97300000~~95950000 13.50000000 1-A3 0.00000000 5065.~~84709600~~00064267 ~~913~~848.~~94646600~~94582267 0.~~91394647~~84894582 5065.~~84709600~~00064267 1-A5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A6 0.00000000 13.36077844 ~~973~~959.~~27844311~~91766467 0.~~97327844~~95991766 13.36077844 1-A7 0.00000000 3140.~~71824217~~97838467 ~~946~~905.~~79661967~~81823500 0.~~94679662~~90581823 3140.~~71824217~~97838467 1-A8 0.00000000 2329.~~70475000~~31081000 ~~958~~929.~~78502000~~47421000 0.~~95878502~~92947421 2329.~~70475000~~31081000 1-A9 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-AP 0.00000000 0.~~85423104~~85928215 ~~998~~997.~~29658902~~43730687 0.~~99829659~~99743731 0.~~85423104~~85928215 2-A1 0.00000000 550.~~67043943~~70613027 ~~921~~920.~~61170419~~90557392 0.~~92161170~~92090557 550.~~67043943~~70613027 2-A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-AP 0.00000000 0.~~75499418~~68438796 992.~~80256131~~11817335 0.~~99280256~~99211817 0.~~75499418~~68438796 A4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B1 0.00000000 0.~~67105468~~67139460 998.~~67420261~~00280801 0.~~99867420~~99800281 0.~~67105468~~67139460 B2 0.00000000 0.~~67105242~~67139516 998.~~67420161~~00280645 0.~~99867420~~99800281 0.~~67105242~~67139516 B3 0.00000000 0.~~67105343~~67139617 998.~~67420363~~00280746 0.~~99867420~~99800281 0.~~67105343~~67139617 B4 0.00000000 0.~~67105735~~67139785 998.~~67420251~~00280466 0.~~99867420~~99800280 0.~~67105735~~67139785 B5 0.00000000 0.~~67104960~~67139562 998.~~67419839~~00280277 0.~~99867420~~99800280 0.~~67104960~~67139562 B6 0.00000000 0.~~67105420~~67139451 998.~~67420628~~00281177 0.~~99867421~~99800281 0.~~67105420~~67139451 LT-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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-A1 42,926,000.00 6.50000% 4241,~~211~~243,~~325~~792.4116 ~~228~~223,~~644~~403.6887 0.00 0.00 1-A2 10,000,000.00 5.75000% 9,~~865~~730,000.00 4746,~~269~~622.7992 0.00 0.00 1-A3 15,000,000.00 6.25000% 1413,~~471~~709,~~903~~196.4399 7571,~~374~~402.5007 0.00 0.00 1-A5 0.00 7.00000% 15,~~566~~203,~~769~~398.2124 9088,~~806~~686.1549 0.00 0.00 1-A6 33,400,000.00 5.75000% 32,~~953~~507,~~750~~500.00 ~~157~~155,~~903~~765.3910 0.00 0.00 1-A7 60,000,000.00 6.60000% 5856,~~710~~807,~~891~~797.7118 ~~322~~312,~~909~~442.9088 0.00 0.00 1-A8 1,000,000.00 7.00000% ~~982~~958,~~489~~785.7702 5,~~731~~592.1991 0.00 0.00 1-A9 0.00 7.00000% 447,857.14 2,612.50 0.00 0.00 1-AP 33,656.00 0.00000% 33,~~627~~598.4267 0.00 0.00 0.00 2-A1 50,634,000.00 43.~~13000~~21125% 4946,~~483~~664,~~704~~887.0603 ~~170~~124,~~306~~877.4118 0.00 0.00 2-A2 0.00 45.~~37000~~28875% 27,~~281~~004,~~578~~225.6077 99119,~~350~~015.4250 0.00 0.00 2-A3 0.00 45.~~37000~~28875% 2219,~~202~~660,~~125~~661.4626 8086,~~852~~650.7427 0.00 0.00 2-A5 0.00 8.50000% 596,470.59 4,225.00 0.00 0.00 2-AP 757,582.00 0.00000% 752,~~701~~129.3235 0.00 0.00 0.00 A4 19,500,000.00 6.75000% 19,500,000.00 109,687.50 0.00 0.00 B1 7,443,000.00 7.~~34985~~34988% 7,~~438~~433,~~126~~132.7409 45,~~557~~527.6218 0.00 0.00 B2 2,480,000.00 7.~~34985~~34988% 2,~~478~~476,~~376~~712.2402 15,~~179~~169.7561 0.00 0.00 B3 1,984,000.00 7.~~34985~~34988% 1,~~982~~981,~~700~~369.9962 12,~~143~~135.8069 0.00 0.00 B4 1,116,000.00 7.~~34985~~34988% 1,~~115~~114,~~269~~520.3141 6,~~830~~826.8932 0.00 0.00 B5 867,000.00 7.~~34985~~34988% ~~866~~865,~~432~~850.3453 5,~~306~~303.7925 0.00 0.00 B6 999,099.62 7.~~34985~~34988% ~~998~~997,~~445~~775.4702 6,~~115~~111.3627 0.00 0.00 LT-R 0.00 0.00000% 0.00 0.00 0.00 0.00 R 100.00 6.90000% 0.00 0.00 0.00 0.00 Totals 248,140,437.62 1,~~486~~442,~~808~~057.3851 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-A1 0.00 0.00 ~~228~~223,~~644~~403.6887 0.00 4140,~~243~~047,~~792~~442.1601 1-A2 0.00 0.00 4746,~~269~~622.7992 0.00 9,~~730~~595,000.00 1-A3 0.00 0.00 7571,~~374~~402.5007 0.00 1312,~~709~~734,~~196~~187.9934 1-A5 0.00 0.00 9088,~~806~~686.1549 0.00 1514,~~203~~769,~~398~~187.2438 1-A6 0.00 0.00 ~~157~~155,~~903~~765.3910 0.00 32,~~507~~061,~~500~~250.00 1-A7 0.00 0.00 ~~322~~312,~~909~~442.9088 0.00 5654,~~807~~349,~~797~~094.1810 1-A8 0.00 0.00 5,~~731~~592.1991 0.00 ~~958~~929,~~785~~474.0221 1-A9 0.00 0.00 2,612.50 0.00 447,857.14 1-AP 0.00 0.00 0.00 0.00 33,~~598~~569.6775 2-A1 0.00 0.00 ~~170~~124,~~306~~877.4118 0.00 46,~~664~~629,~~887~~132.0383 2-A2 0.00 0.00 99119,~~350~~015.4250 0.00 2726,~~004~~968,~~225~~471.7757 2-A3 0.00 0.00 8086,~~852~~650.7427 0.00 19,660,661.26 2-A5 0.00 0.00 4,225.00 0.00 596,470.59 2-AP 0.00 0.00 0.00 0.00 ~~752~~751,~~129~~610.3587 A4 0.00 0.00 109,687.50 0.00 19,500,000.00 B1 0.00 0.00 45,~~557~~527.6218 0.00 7,~~433~~428,~~132~~134.0990 B2 0.00 0.00 15,~~179~~169.7561 0.00 2,~~476~~475,~~712~~046.0296 B3 0.00 0.00 12,~~143~~135.8069 0.00 1,~~981~~980,~~369~~037.6257 B4 0.00 0.00 6,~~830~~826.8932 0.00 1,~~114~~113,~~520~~771.4113 B5 0.00 0.00 5,~~306~~303.7925 0.00 865,~~850~~268.5343 B6 0.00 0.00 6,~~115~~111.3627 0.00 997,~~775~~104.0223 LT-R 0.00 0.00 0.0100 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1,~~486~~442,~~808~~057.3951 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-A1 42,926,000.00 6.50000% ~~983~~960.~~35100895~~81144668 5.~~32648465~~20439524 0.00000000 0.00000000 1-A2 10,000,000.00 5.75000% ~~986~~973.~~50000000~~00000000 4.~~72697900~~66229200 0.00000000 0.00000000 1-A3 15,000,000.00 6.25000% ~~964~~913.~~79356200~~94646600 54.~~02496667~~76013800 0.00000000 0.00000000 1-A5 0.00 7.00000% ~~982~~959.~~01548705~~09255967 5.~~72842344~~59470661 0.00000000 0.00000000 1-A6 33,400,000.00 5.75000% ~~986~~973.~~63922156~~27844311 4.~~72764641~~66362575 0.00000000 0.00000000 1-A7 60,000,000.00 6.60000% ~~978~~946.~~51486183~~79661967 5.~~38183167~~20738133 0.00000000 0.00000000 1-A8 1,000,000.00 7.00000% ~~982~~958.~~48977000~~78502000 5.~~73119000~~59291000 0.00000000 0.00000000 1-A9 0.00 7.00000% 1000.00000000 5.83333337 0.00000000 0.00000000 1-AP 33,656.00 0.00000% ~~999~~998.~~15082006~~29658902 0.00000000 0.00000000 0.00000000 2-A1 50,634,000.00 43.~~13000~~21125% ~~977~~921.~~28214362~~61170419 32.~~36347928~~46627128 0.00000000 0.00000000 2-A2 0.00 45.~~37000~~28875% ~~991~~981.~~44451067~~36518407 34.~~61051059~~32516263 0.00000000 0.00000000 2-A3 0.00 45.~~37000~~28875% ~~960~~850.~~42416663~~48497902 3.~~49754466~~74833542 0.00000000 0.00000000 2-A5 0.00 8.50000% 1000.00000000 7.08333331 0.00000000 0.00000000 2-AP 757,582.00 0.00000% ~~993~~992.~~55755549~~80256131 0.00000000 0.00000000 0.00000000 A4 19,500,000.00 6.75000% 1000.00000000 5.62500000 0.00000000 0.00000000 B1 7,443,000.00 7.~~34985~~34988% ~~999~~998.~~34525595~~67420261 6.~~12086793~~11677818 0.00000000 0.00000000 B2 2,480,000.00 7.~~34985~~34988% ~~999~~998.~~34525806~~67420161 6.~~12086694~~11677823 0.00000000 0.00000000 B3 1,984,000.00 7.~~34985~~34988% ~~999~~998.~~34525706~~67420363 6.~~12086694~~11677923 0.00000000 0.00000000 B4 1,116,000.00 7.~~34985~~34988% ~~999~~998.~~34525986~~67420251 6.~~12086918~~11677419 0.00000000 0.00000000 B5 867,000.00 7.~~34985~~34988% ~~999~~998.~~34525952~~67419839 6.~~12086505~~11678201 0.00000000 0.00000000 B6 999,099.62 7.~~34985~~34988% ~~999~~998.~~34526049~~67420628 6.~~12087111~~11677742 0.00000000 0.00000000 LT-R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 6.90000% 0.00000000 0.00000000 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 1-A1 0.00000000 0.00000000 5.~~32648465~~20439524 0.00000000 ~~960~~932.~~81144668~~94138774 1-A2 0.00000000 0.00000000 4.~~72697900~~66229200 0.00000000 ~~973~~959.~~00000000~~50000000 1-A3 0.00000000 0.00000000 54.~~02496667~~76013800 0.00000000 ~~913~~848.~~94646600~~94582267 1-A5 0.00000000 0.00000000 5.~~72842344~~59470661 0.00000000 ~~959~~931.~~09255967~~70076222 1-A6 0.00000000 0.00000000 4.~~72764641~~66362575 0.00000000 ~~973~~959.~~27844311~~91766467 1-A7 0.00000000 0.00000000 5.~~38183167~~20738133 0.00000000 ~~946~~905.~~79661967~~81823500 1-A8 0.00000000 0.00000000 5.~~73119000~~59291000 0.00000000 ~~958~~929.~~78502000~~47421000 1-A9 0.00000000 0.00000000 5.83333337 0.00000000 1000.00000000 1-AP 0.00000000 0.00000000 0.00000000 0.00000000 ~~998~~997.~~29658902~~43730687 2-A1 0.00000000 0.00000000 32.~~36347928~~46627128 0.00000000 ~~921~~920.~~61170419~~90557392 2-A2 0.00000000 0.00000000 34.~~61051059~~32516263 0.00000000 ~~981~~980.~~36518407~~06583457 2-A3 0.00000000 0.00000000 3.~~49754466~~74833542 0.00000000 850.48497902 2-A5 0.00000000 0.00000000 7.08333331 0.00000000 1000.00000000 2-AP 0.00000000 0.00000000 0.00000000 0.00000000 992.~~80256131~~11817335 A4 0.00000000 0.00000000 5.62500000 0.00000000 1000.00000000 B1 0.00000000 0.00000000 6.~~12086793~~11677818 0.00000000 998.~~67420261~~00280801 B2 0.00000000 0.00000000 6.~~12086694~~11677823 0.00000000 998.~~67420161~~00280645 B3 0.00000000 0.00000000 6.~~12086694~~11677923 0.00000000 998.~~67420363~~00280746 B4 0.00000000 0.00000000 6.~~12086918~~11677419 0.00000000 998.~~67420251~~00280466 B5 0.00000000 0.00000000 6.~~12086505~~11678201 0.00000000 998.~~67419839~~00280277 B6 0.00000000 0.00000000 6.~~12087111~~11677742 0.00000000 998.~~67420628~~00281177 LT-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 86,~~629~~784,~~324~~579.1823 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~108~~121,~~087~~549.8753 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 86,~~737~~906,~~412~~128.0576 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~182~~177,~~905~~149.5549 Payment of Interest and Principal 86,~~554~~728,~~506~~979.5027 Total Withdrawals (Pool Distribution Amount) 86,~~737~~906,~~412~~128.0576 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~181~~176,~~930~~174.5549 Class A4 Certificate Insurance Premium 975.00 Special Servicing Fee 0.00 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~182~~177,~~905~~149.5549

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 3324 0 0 0 3324 1411,~~147~~752,~~756~~098.6374 0.00 0.00 0.00 1411,~~147~~752,~~756~~098.6374 60 Days 39 0 01 0 310 13,~~565~~774,~~725~~656.4962 0.00 058,992.0098 0.00 13,~~565~~833,~~725~~649.4960 90 Days 04 0 0 0 04 02,202,636.0037 0.00 0.00 0.00 02,202,636.0037 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 3637 0 01 0 3638 1517,~~713~~729,~~482~~391.1273 0.00 058,992.0098 0.00 1517,~~713~~788,~~482~~384.1271 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 54.~~593220~~130809% 0.000000% 0.000000% 0.000000% 54.~~593220~~130809% 5.~~971714~~073307% 0.000000% 0.000000% 0.000000% 5.~~971714~~073307% 60 Days 01.~~508475~~549053% 0.000000% 0.~~000000~~172117% 0.000000% 01.~~508475~~721170% 01.~~660887~~629495% 0.000000% 0.~~000000~~025467% 0.000000% 01.~~660887~~654962% 90 Days 0.~~000000~~688468% 0.000000% 0.000000% 0.000000% 0.~~000000~~688468% 0.~~000000~~950864% 0.000000% 0.000000% 0.000000% 0.~~000000~~950864% 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 6.~~101695~~368330% 0.000000% 0.~~000000~~172117% 0.000000% 6.~~101695~~540448% 67.~~632601~~653666% 0.000000% 0.~~000000~~025467% 0.000000% 67.~~632601~~679133%

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 2116 0 0 0 2116 98,~~778~~983,~~267~~381.0259 0.00 0.00 0.00 98,~~778~~983,~~267~~381.0259 60 Days 15 0 0 0 15 ~~566~~2,~~638~~745,145.4565 0.00 0.00 0.00 ~~566~~2,~~638~~745,145.4565 90 Days 01 0 0 0 01 0566,638.0045 0.00 0.00 0.00 0566,638.0045 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 22 0 0 0 22 1012,~~344~~295,~~905~~165.4769 0.00 0.00 0.00 1012,~~344~~295,~~905~~165.4769 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 43.~~988124~~883495% 0.000000% 0.000000% 0.000000% 43.~~988124~~883495% 5.~~343392~~053527% 0.000000% 0.000000% 0.000000% 5.~~343392~~053527% 60 Days 01.~~237530~~213592% 0.000000% 0.000000% 0.000000% 01.~~237530~~213592% 01.~~309643~~544259% 0.000000% 0.000000% 0.000000% 01.~~309643~~544259% 90 Days 0.~~000000~~242718% 0.000000% 0.000000% 0.000000% 0.~~000000~~242718% 0.~~000000~~318758% 0.000000% 0.000000% 0.000000% 0.~~000000~~318758% 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 5.~~225653~~339806% 0.000000% 0.000000% 0.000000% 5.~~225653~~339806% 56.~~653035~~916544% 0.000000% 0.000000% 0.000000% 56.~~653035~~916544% 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 128 0 0 0 128 42,~~369~~768,~~489~~717.6115 0.00 0.00 0.00 42,~~369~~768,~~489~~717.6115 60 Days 24 0 01 0 25 ~~999~~1,~~087~~029,510.0497 0.00 058,992.0098 0.00 ~~999~~1,~~087~~088,503.0495 90 Days 03 0 0 0 03 01,635,997.0092 0.00 0.00 0.00 01,635,997.0092 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 1415 0 01 0 1416 5,~~368~~434,~~576~~226.6504 0.00 058,992.0098 0.00 5,~~368~~493,~~576~~219.6502 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 74.~~100592~~733728% 0.000000% 0.000000% 0.000000% 74.~~100592~~733728% 85.~~104334~~138564% 0.000000% 0.000000% 0.000000% 85.~~104334~~138564% 60 Days 12.~~183432~~366864% 0.000000% 0.~~000000~~591716% 0.000000% 12.~~183432~~958580% 1.~~853062~~910707% 0.000000% 0.~~000000~~109487% 0.000000% 12.~~853062~~020194% 90 Days 01.~~000000~~775148% 0.000000% 0.000000% 0.000000% 01.~~000000~~775148% 03.~~000000~~036309% 0.000000% 0.000000% 0.000000% 03.~~000000~~036309% 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 8.~~284024~~875740% 0.000000% 0.~~000000~~591716% 0.000000% 89.~~284024~~467456% 910.~~957397~~085579% 0.000000% 0.~~000000~~109487% 0.000000% 910.~~957397~~195067%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~108~~121,~~087~~549.8753

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 206,426.00 0.08318918% 206,426.00 0.~~08718159~~08917270% Fraud 4,962,800.00 1.99999647% 4,962,800.00 2.~~09598020~~14384955% Special Hazard 5,695,495.00 2.29527080% 5,~~687~~684,~~994~~707.7642 2.~~40225767~~45570192% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Fixed 30 Year Ratio Strip Weighted Average Gross Coupon 8.~~216936~~206237% Weighted Average Pass-Through Rate 7.~~321626~~313374% Weighted Average Maturity(Stepdown Calculation ) ~~355~~354 Beginning Scheduled Collateral Loan Count ~~604~~590 Number Of Loans Paid In Full 149 Ending Scheduled Collateral Loan Count ~~590~~581 Beginning Scheduled Collateral Balance ~~243~~236,~~844~~777,~~744~~046.2009 Ending Scheduled Collateral Balance ~~236~~231,~~777~~490,~~046~~124.0934 Ending Actual Collateral Balance at 3130-~~Aug~~Sep-2001 ~~236~~231,~~912~~645,~~836~~743.7637 Monthly P &I Constant 1,~~833~~778,~~496~~585.0199 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 86,~~452~~627,~~780~~362.1807 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans ~~236~~231,~~777~~490,~~046~~124.0934 Scheduled Principal ~~163~~159,~~782~~378.0793 Unscheduled Principal 65,~~903~~127,~~916~~542.0482

Group Level Collateral Statement Group 1 2 Total Collateral Description Fixed 30 Year Ratio Strip Fixed 30 Year Ratio Strip Fixed 30 Year Ratio Strip Weighted Average Coupon Rate 8.~~023079~~023054 8.~~856683~~827975 8.~~216936~~206237 Weighted Average Net Rate 6.~~224405~~998714 8.~~167667~~381358 7.~~321626~~313374 Weighted Average Maturity ~~355~~354 ~~356~~ 355 354 Beginning Loan Count ~~427~~421 ~~177~~169 ~~604~~590 Loans Paid In Full 69 80 149 Ending Loan Count ~~421~~412 169 ~~590~~581 Beginning Scheduled Balance ~~187~~182,~~137~~891,~~947~~726.6150 5653,~~706~~885,~~796~~319.59 ~~243~~236,~~844~~777,~~744~~046.2009 Ending Scheduled Balance ~~182~~177,~~891~~643,~~726~~105.50 53,~~885~~847,~~319~~018.5984 ~~236~~231,~~777~~490,~~046~~124.0934 Record Date 0809/3130/2001 0809/3130/2001 0809/3130/2001 Principal And Interest Constant 1,~~380~~350,~~827~~622.4277 ~~452~~427,~~668~~963.5922 1,~~833~~778,~~496~~585.0199 Scheduled Principal ~~129~~127,~~641~~830.9290 3431,~~140~~548.1503 ~~163~~159,~~782~~378.0793 Unscheduled Principal 45,~~116~~120,~~579~~790.1910 26,~~787,336~~752.8572 65,~~903~~127,~~916~~542.0482 Scheduled Interest 1,~~251~~222,~~185~~791.5087 ~~418~~396,~~528~~415.4419 1,~~669~~619,~~713~~207.9406 Servicing Fees ~~159~~156,~~743~~119.6247 2220,~~186~~055.9308 ~~181~~176,~~930~~174.55 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount ~~120~~118,~~756~~017.5302 108,~~373~~829.00 ~~131~~126,~~129~~846.5302 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 ~~970~~948,~~685~~655.3538 ~~385~~367,~~968~~531.5111 1,~~356~~316,~~653~~186.8649 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 6.998714 8.381358 7.313374

Filing Compare · STRUCTURED ASSET SEC CORP MORT PASS THR CERT SER 2001-11