8-K 1 sac01011.txt NOVEMBER 8-K 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): November 26, 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 November 26, 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 November 26, 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: 12/3/01 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 November 26, 2001 distribution. EX-99.1

Structured Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 910/3031/01 Distribution Date: 1011/2526/01 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% 4140,~~243~~047,~~792~~442.1601 ~~223~~216,~~403~~923.8763 1747,~~196,350~~509.1650 1-A2 86358RGK7 SEN 5.75000% 9,~~730~~595,000.00 4645,~~622~~976.9204 135,000.00 1-A3 86358RGL5 SEN 6.25000% 1312,~~709~~734,~~196~~187.9934 7166,~~402~~323.0789 ~~975~~558,~~009~~561.6479 1-A5 86358RGM3 SEN 7.00000% 0.00 8886,~~686~~153.4959 0.00 1-A6 86358RGN1 SEN 5.75000% 32,~~507~~061,~~500~~250.00 ~~155~~153,~~765~~626.1081 446,250.00 1-A7 86358RGP6 SEN 6.60000% 5654,~~807~~349,~~797~~094.1810 ~~312~~298,~~442~~920.8800 21,~~458~~368,~~703~~837.0835 1-A8 86358RGQ4 SEN 7.00000% ~~958~~929,~~785~~474.0221 5,~~592~~421.9193 2918,~~310~~314.8113 1-A9 86358RGR2 SEN 7.00000% 0.00 2,612.50 0.00 1-AP 86358RGS0 PO 0.00000% 33,~~598~~569.6775 0.00 2829.9209 2-A1 86358RGT8 SEN 32.~~21125~~97000% 46,~~664~~629,~~887~~132.0383 ~~124~~115,~~877~~407.1810 3533,~~754~~209.2060 2-A2 86358RGU5 SEN 5.~~28875~~53000% 0.00 ~~119~~124,~~015~~279.5070 0.00 2-A3 86358RGV3 SEN 5.~~28875~~53000% 0.00 8690,~~650~~602.2788 0.00 2-A5 86358RGW1 SEN 8.50000% 0.00 4,225.00 0.00 2-AP 86358RGX9 PO 0.00000% ~~752~~751,~~129~~610.3587 0.00 ~~518~~538.4870 A4 86358RGY7 SEN 6.75000% 19,500,000.00 109,687.50 0.00 B1 86358RGZ4 SUB 7.~~34988~~34991% 7,~~433~~428,~~132~~134.0990 45,~~527~~496.1876 45,~~997~~067.1954 B2 86358RHA8 SUB 7.~~34988~~34991% 2,~~476~~475,~~712~~046.0296 15,~~169~~159.6147 1,~~665~~688.0650 B3 86358RHB6 SUB 7.~~34988~~34991% 1,~~981~~980,~~369~~037.6257 12,~~135~~127.6958 1,~~332~~350.0580 B4 86358RGF8 SUB 7.~~34988~~34991% 1,~~114~~113,~~520~~771.4113 6,~~826~~821.3276 ~~749~~759.2882 B5 86358RGG6 SUB 7.~~34988~~34991% 865,~~850~~268.5343 5,~~303~~299.2570 ~~582~~590.1029 B6 86358RGH4 SUB 7.~~34988~~34991% 997,~~775~~104.0223 6,~~111~~107.2719 ~~670~~680.7923 LT-R SAC111LTR SEN 0.00000% 0.00 0.00 0.00 R 86358RHC4 SEN 6.90000% 0.00 0.00 0.00 Totals ~~236~~231,~~777~~490,~~046~~124.0933 1,~~442~~411,~~057~~173.5103 53,~~286~~318,~~921~~387.7634

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 4039,~~047~~299,~~442~~932.0151 1964,~~419,754~~433.0313 0.00 1-A2 0.00 9,~~595~~460,000.00 ~~181~~180,~~622~~976.9204 0.00 1-A3 0.00 12,~~734~~175,~~187~~625.3455 1624,~~046,411~~885.7168 0.00 1-A5 0.00 0.00 8886,~~686~~153.4959 0.00 1-A6 0.00 3231,~~061~~615,~~250~~000.00 ~~602~~599,~~015~~876.1081 0.00 1-A7 0.00 5452,~~349~~980,~~094~~256.1075 21,~~771~~667,~~145~~757.9635 0.00 1-A8 0.00 ~~929~~911,~~474~~160.2109 3423,~~903~~736.7206 0.00 1-A9 0.00 0.00 2,612.50 0.00 1-AP 0.00 33,~~569~~540.7567 2829.9209 0.00 2-A1 0.00 46,~~629~~595,~~132~~923.8323 ~~160~~148,~~631~~616.3870 0.00 2-A2 0.00 0.00 ~~119~~124,~~015~~279.5070 0.00 2-A3 0.00 0.00 8690,~~650~~602.2788 0.00 2-A5 0.00 0.00 4,225.00 0.00 2-AP 0.00 751,~~610~~072.8717 ~~518~~538.4870 0.00 A4 0.00 19,500,000.00 109,687.50 0.00 B1 0.00 7,~~428~~423,~~134~~067.9036 50,~~524~~564.3730 0.00 B2 0.00 2,~~475~~473,~~046~~358.9646 16,~~834~~847.6797 0.00 B3 0.00 1,~~980~~978,~~037~~686.5777 13,~~467~~478.7438 0.00 B4 0.00 1,113,~~771~~011.1331 7,~~575~~581.6058 0.00 B5 0.00 ~~865~~864,~~268~~678.4314 5,~~885~~889.3599 0.00 B6 0.00 ~~997~~996,~~104~~423.2399 6,~~782~~787.0642 0.00 LT-R 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 ~~231~~228,~~490~~171,~~124~~737.3300 64,~~728~~729,~~979~~560.2737 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 4140,~~243~~047,~~792~~442.1601 2726,~~356~~946.2318 1720,~~168,993~~563.9232 0.00 0.00 1-A2 10,000,000.00 9,~~730~~595,000.00 34,~~086~~866.9747 ~~131~~130,~~913~~133.0353 0.00 0.00 1-A3 15,000,000.00 1312,~~709~~734,~~196~~187.9934 2220,~~294~~135.9700 ~~952~~538,~~714~~426.6779 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,~~507~~061,~~500~~250.00 1016,~~204~~086.1439 ~~436~~430,~~045~~163.8661 0.00 0.00 1-A7 60,000,000.00 5654,~~807~~349,~~797~~094.1810 5649,~~221~~343.7177 21,~~402~~319,~~481~~493.3758 0.00 0.00 1-A8 1,000,000.00 ~~958~~929,~~785~~474.0221 ~~670~~660.2319 2817,~~640~~653.5894 0.00 0.00 1-A9 0.00 0.00 0.00 0.00 0.00 0.00 1-AP 33,656.00 33,~~598~~569.6775 28.2643 0.65 0.00 0.00 2-A1 50,634,000.00 46,~~664~~629,~~887~~132.0383 29,~~041~~300.2225 63,~~712~~909.9835 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~~751,~~129~~610.3587 ~~478~~482.7432 3956.7438 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,~~433~~428,~~132~~134.0990 45,~~997~~067.1954 0.00 0.00 0.00 B2 2,480,000.00 2,~~476~~475,~~712~~046.0296 1,~~665~~688.0650 0.00 0.00 0.00 B3 1,984,000.00 1,~~981~~980,~~369~~037.6257 1,~~332~~350.0580 0.00 0.00 0.00 B4 1,116,000.00 1,~~114~~113,~~520~~771.4113 ~~749~~759.2882 0.00 0.00 0.00 B5 867,000.00 865,~~850~~268.5343 ~~582~~590.1029 0.00 0.00 0.00 B6 999,099.62 997,~~775~~104.0223 ~~670~~680.7923 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 ~~236~~231,~~777~~490,~~046~~124.0933 ~~159~~157,~~378~~986.9418 53,~~127~~160,~~542~~401.8015 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 1747,~~196,350~~509.1650 4039,~~047~~299,~~442~~932.0151 0.~~93294139~~91552748 1747,~~196,350~~509.1650 1-A2 135,000.00 9,~~595~~460,000.00 0.~~95950000~~94600000 135,000.00 1-A3 ~~975~~558,~~009~~561.6479 12,~~734~~175,~~187~~625.3455 0.~~84894582~~81170837 ~~975~~558,~~009~~561.6479 1-A5 0.00 0.00 0.00000000 0.00 1-A6 446,250.00 3231,~~061~~615,~~250~~000.00 0.~~95991766~~94655689 446,250.00 1-A7 21,~~458~~368,~~703~~837.0835 5452,~~349~~980,~~094~~256.1075 0.~~90581823~~88300428 21,~~458~~368,~~703~~837.0835 1-A8 2918,~~310~~314.8113 ~~929~~911,~~474~~160.2109 0.~~92947421~~91116009 2918,~~310~~314.8113 1-A9 0.00 0.00 0.00000000 0.00 1-AP 2829.9209 33,~~569~~540.7567 0.~~99743731~~99657327 2829.9209 2-A1 3533,~~754~~209.2060 46,~~629~~595,~~132~~923.8323 0.~~92090557~~92024970 3533,~~754~~209.2060 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 ~~518~~538.4870 751,~~610~~072.8717 0.~~99211817~~99140710 ~~518~~538.4870 A4 0.00 19,500,000.00 1.00000000 0.00 B1 45,~~997~~067.1954 7,~~428~~423,~~134~~067.9036 0.~~99800281~~99732196 45,~~997~~067.1954 B2 1,~~665~~688.0650 2,~~475~~473,~~046~~358.9646 0.~~99800281~~99732196 1,~~665~~688.0650 B3 1,~~332~~350.0580 1,~~980~~978,~~037~~686.5777 0.~~99800281~~99732196 1,~~332~~350.0580 B4 ~~749~~759.2882 1,113,~~771~~011.1331 0.~~99800280~~99732196 ~~749~~759.2882 B5 ~~582~~590.1029 ~~865~~864,~~268~~678.4314 0.~~99800280~~99732196 ~~582~~590.1029 B6 ~~670~~680.7923 ~~997~~996,~~104~~423.2399 0.~~99800281~~99732196 ~~670~~680.7923 LT-R 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 53,~~286~~318,~~921~~387.7634 ~~231~~228,~~490~~171,~~124~~737.3300 0.~~93289964~~91952662 53,~~286~~318,~~921~~387.7634

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 ~~960~~932.~~81144668~~94138774 0.~~63728812~~62773564 2716.~~23277081~~78617435 0.00000000 1-A2 10,000,000.00 ~~973~~959.~~00000000~~50000000 0.~~30869700~~48664700 13.~~19130300~~01335300 0.00000000 1-A3 15,000,000.00 ~~913~~848.~~94646600~~94582267 1.~~48633133~~34233333 6335.~~51431133~~89511933 0.00000000 1-A5 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A6 33,400,000.00 ~~973~~959.~~27844311~~91766467 0.~~30551317~~48162844 1312.~~05526527~~87915000 0.00000000 1-A7 60,000,000.00 ~~946~~905.~~79661967~~81823500 0.~~93702850~~82239617 4021.~~04135617~~99155967 0.00000000 1-A8 1,000,000.00 ~~958~~929.~~78502000~~47421000 0.~~67023000~~66019000 2817.~~64058000~~65394000 0.00000000 1-A9 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-AP 33,656.00 ~~998~~997.~~29658902~~43730687 0.~~83967198~~84472308 0.01931305 0.00000000 2-A1 50,634,000.00 ~~921~~920.~~61170419~~90557392 0.~~57355176~~57866750 0.~~13257850~~07720800 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 757,582.00 992.~~80256131~~11817335 0.~~63193159~~63665715 0.~~05245637~~07442099 0.00000000 A4 19,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 7,443,000.00 998.~~67420261~~00280801 0.~~67139460~~68084643 0.00000000 0.00000000 B2 2,480,000.00 998.~~67420161~~00280645 0.~~67139516~~68084677 0.00000000 0.00000000 B3 1,984,000.00 998.~~67420363~~00280746 0.~~67139617~~68084677 0.00000000 0.00000000 B4 1,116,000.00 998.~~67420251~~00280466 0.~~67139785~~68084229 0.00000000 0.00000000 B5 867,000.00 998.~~67419839~~00280277 0.~~67139562~~68084198 0.00000000 0.00000000 B6 999,099.62 998.~~67420628~~00281177 0.~~67139451~~68084302 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 2717.~~87005917~~41390998 ~~932~~915.~~94138774~~52747775 0.~~93294139~~91552748 2717.~~87005917~~41390998 1-A2 0.00000000 13.50000000 ~~959~~946.~~50000000~~00000000 0.~~95950000~~94600000 13.50000000 1-A3 0.00000000 6537.~~00064267~~23745267 ~~848~~811.~~94582267~~70837000 0.~~84894582~~81170837 6537.~~00064267~~23745267 1-A5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A6 0.00000000 13.36077844 ~~959~~946.~~91766467~~55688623 0.~~95991766~~94655689 13.36077844 1-A7 0.00000000 4022.~~97838467~~81395583 ~~905~~883.~~81823500~~00427917 0.~~90581823~~88300428 4022.~~97838467~~81395583 1-A8 0.00000000 2918.~~31081000~~31413000 ~~929~~911.~~47421000~~16009000 0.~~92947421~~91116009 2918.~~31081000~~31413000 1-A9 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-AP 0.00000000 0.~~85928215~~86433325 ~~997~~996.~~43730687~~57327074 0.~~99743731~~99657327 0.~~85928215~~86433325 2-A1 0.00000000 0.~~70613027~~65587550 920.~~90557392~~24969842 0.~~92090557~~92024970 0.~~70613027~~65587550 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.~~68438796~~71107814 ~~992~~991.~~11817335~~40709521 0.~~99211817~~99140710 0.~~68438796~~71107814 A4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B1 0.00000000 0.~~67139460~~68084643 ~~998~~997.~~00280801~~32196157 0.~~99800281~~99732196 0.~~67139460~~68084643 B2 0.00000000 0.~~67139516~~68084677 ~~998~~997.~~00280645~~32195968 0.~~99800281~~99732196 0.~~67139516~~68084677 B3 0.00000000 0.~~67139617~~68084677 ~~998~~997.~~00280746~~32196069 0.~~99800281~~99732196 0.~~67139617~~68084677 B4 0.00000000 0.~~67139785~~68084229 ~~998~~997.~~00280466~~32196237 0.~~99800280~~99732196 0.~~67139785~~68084229 B5 0.00000000 0.~~67139562~~68084198 ~~998~~997.~~00280277~~32196078 0.~~99800280~~99732196 0.~~67139562~~68084198 B6 0.00000000 0.~~67139451~~68084302 ~~998~~997.~~00281177~~32195875 0.~~99800281~~99732196 0.~~67139451~~68084302 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% 4140,~~243~~047,~~792~~442.1601 ~~223~~216,~~403~~923.8764 0.00 0.00 1-A2 10,000,000.00 5.75000% 9,~~730~~595,000.00 4645,~~622~~976.9204 0.00 0.00 1-A3 15,000,000.00 6.25000% 1312,~~709~~734,~~196~~187.9934 7166,~~402~~323.0789 0.00 0.00 1-A5 0.00 7.00000% 1514,~~203~~769,~~398~~187.2438 8886,~~686~~153.4959 0.00 0.00 1-A6 33,400,000.00 5.75000% 32,~~507~~061,~~500~~250.00 ~~155~~153,~~765~~626.1082 0.00 0.00 1-A7 60,000,000.00 6.60000% 5654,~~807~~349,~~797~~094.1810 ~~312~~298,~~442~~920.8802 0.00 0.00 1-A8 1,000,000.00 7.00000% ~~958~~929,~~785~~474.0221 5,~~592~~421.9193 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,~~598~~569.6775 0.00 0.00 0.00 2-A1 50,634,000.00 32.~~21125~~97000% 46,~~664~~629,~~887~~132.0383 ~~124~~115,~~877~~407.1810 0.00 0.00 2-A2 0.00 5.~~28875~~53000% 2726,~~004~~968,~~225~~471.7757 ~~119~~124,~~015~~279.5071 0.00 0.00 2-A3 0.00 5.~~28875~~53000% 19,660,661.26 8690,~~650~~602.2788 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~~751,~~129~~610.3587 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.~~34988~~34991% 7,~~433~~428,~~132~~134.0990 45,~~527~~496.1876 0.00 0.00 B2 2,480,000.00 7.~~34988~~34991% 2,~~476~~475,~~712~~046.0296 15,~~169~~159.6147 0.00 0.00 B3 1,984,000.00 7.~~34988~~34991% 1,~~981~~980,~~369~~037.6257 12,~~135~~127.6958 0.00 0.00 B4 1,116,000.00 7.~~34988~~34991% 1,~~114~~113,~~520~~771.4113 6,~~826~~821.3276 0.00 0.00 B5 867,000.00 7.~~34988~~34991% 865,~~850~~268.5343 5,~~303~~299.2570 0.00 0.00 B6 999,099.62 7.~~34988~~34991% 997,~~775~~104.0223 6,~~111~~107.2719 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,~~442~~411,~~057~~173.5108 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 0.0001 0.00 ~~223~~216,~~403~~923.8763 0.00 4039,~~047~~299,~~442~~932.0151 1-A2 0.00 0.00 4645,~~622~~976.9204 0.00 9,~~595~~460,000.00 1-A3 0.00 0.00 7166,~~402~~323.0789 0.00 12,~~734~~175,~~187~~625.3455 1-A5 0.0001 0.00 8886,~~686~~153.4959 0.00 14,~~769~~473,~~187~~934.3802 1-A6 0.0001 0.00 ~~155~~153,~~765~~626.1081 0.00 3231,~~061~~615,~~250~~000.00 1-A7 0.0002 0.00 ~~312~~298,~~442~~920.8800 0.00 5452,~~349~~980,~~094~~256.1075 1-A8 0.00 0.00 5,~~592~~421.9193 0.00 ~~929~~911,~~474~~160.2109 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,~~569~~540.7567 2-A1 0.0001 0.00 ~~124~~115,~~877~~407.1810 0.00 46,~~629~~595,~~132~~923.8323 2-A2 0.0001 0.00 ~~119~~124,~~015~~279.5070 0.00 26,~~968~~935,~~471~~261.5797 2-A3 0.00 0.00 8690,~~650~~602.2788 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 0.00 751,~~610~~072.8717 A4 0.00 0.00 109,687.50 0.00 19,500,000.00 B1 0.00 0.00 45,~~527~~496.1876 0.00 7,~~428~~423,~~134~~067.9036 B2 0.00 0.00 15,~~169~~159.6147 0.00 2,~~475~~473,~~046~~358.9646 B3 0.00 0.00 12,~~135~~127.6958 0.00 1,~~980~~978,~~037~~686.5777 B4 0.00 0.00 6,~~826~~821.3276 0.00 1,113,~~771~~011.1331 B5 0.00 0.00 5,~~303~~299.2570 0.00 ~~865~~864,~~268~~678.4314 B6 0.00 0.00 6,~~111~~107.2719 0.00 ~~997~~996,~~104~~423.2399 LT-R 0.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.0007 0.00 1,~~442~~411,~~057~~173.5103 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% ~~960~~932.~~81144668~~94138774 5.~~20439524~~05343242 0.00000000 0.00000000 1-A2 10,000,000.00 5.75000% ~~973~~959.~~00000000~~50000000 4.~~66229200~~59760400 0.00000000 0.00000000 1-A3 15,000,000.00 6.25000% ~~913~~848.~~94646600~~94582267 4.~~76013800~~42159267 0.00000000 0.00000000 1-A5 0.00 7.00000% ~~959~~931.~~09255967~~70076222 5.~~59470661~~43492092 0.00000000 0.00000000 1-A6 33,400,000.00 5.75000% ~~973~~959.~~27844311~~91766467 4.~~66362575~~59960539 0.00000000 0.00000000 1-A7 60,000,000.00 6.60000% ~~946~~905.~~79661967~~81823500 54.~~20738133~~98200033 0.00000000 0.00000000 1-A8 1,000,000.00 7.00000% ~~958~~929.~~78502000~~47421000 5.~~59291000~~42193000 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% ~~998~~997.~~29658902~~43730687 0.00000000 0.00000000 0.00000000 2-A1 50,634,000.00 32.~~21125~~97000% ~~921~~920.~~61170419~~90557392 2.~~46627128~~27924122 0.00000000 0.00000000 2-A2 0.00 5.~~28875~~53000% ~~981~~980.~~36518407~~06583457 4.~~32516263~~51647018 0.00000000 0.00000000 2-A3 0.00 5.~~28875~~53000% 850.48497902 3.~~74833542~~91931825 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% 992.~~80256131~~11817335 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.~~34988~~34991% 998.~~67420261~~00280801 6.~~11677818~~11269112 0.00000000 0.00000000 B2 2,480,000.00 7.~~34988~~34991% 998.~~67420161~~00280645 6.~~11677823~~11268952 0.00000000 0.00000000 B3 1,984,000.00 7.~~34988~~34991% 998.~~67420363~~00280746 6.~~11677923~~11269153 0.00000000 0.00000000 B4 1,116,000.00 7.~~34988~~34991% 998.~~67420251~~00280466 6.~~11677419~~11268817 0.00000000 0.00000000 B5 867,000.00 7.~~34988~~34991% 998.~~67419839~~00280277 6.~~11678201~~11268743 0.00000000 0.00000000 B6 999,099.62 7.~~34988~~34991% 998.~~67420628~~00281177 6.~~11677742~~11269375 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~~00000023 0.00000000 5.~~20439524~~05343219 0.00000000 ~~932~~915.~~94138774~~52747775 1-A2 0.00000000 0.00000000 4.~~66229200~~59760400 0.00000000 ~~959~~946.~~50000000~~00000000 1-A3 0.00000000 0.00000000 4.~~76013800~~42159267 0.00000000 ~~848~~811.~~94582267~~70837000 1-A5 0.~~00000000~~00000063 0.00000000 5.~~59470661~~43492092 0.00000000 ~~931~~913.~~70076222~~07497236 1-A6 0.~~00000000~~00000030 0.00000000 4.~~66362575~~59960509 0.00000000 ~~959~~946.~~91766467~~55688623 1-A7 0.~~00000000~~00000033 0.00000000 54.~~20738133~~98200000 0.00000000 ~~905~~883.~~81823500~~00427917 1-A8 0.00000000 0.00000000 5.~~59291000~~42193000 0.00000000 ~~929~~911.~~47421000~~16009000 1-A9 0.00000000 0.00000000 5.83333337 0.00000000 1000.00000000 1-AP 0.00000000 0.00000000 0.00000000 0.00000000 ~~997~~996.~~43730687~~57327074 2-A1 0.~~00000000~~00000020 0.00000000 2.~~46627128~~27924122 0.00000000 920.~~90557392~~24969842 2-A2 0.~~00000000~~00000036 0.00000000 4.~~32516263~~51646982 0.00000000 ~~980~~978.~~06583457~~85895883 2-A3 0.00000000 0.00000000 3.~~74833542~~91931825 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~~991.~~11817335~~40709521 A4 0.00000000 0.00000000 5.62500000 0.00000000 1000.00000000 B1 0.00000000 0.00000000 6.~~11677818~~11269112 0.00000000 ~~998~~997.~~00280801~~32196157 B2 0.00000000 0.00000000 6.~~11677823~~11268952 0.00000000 ~~998~~997.~~00280645~~32195968 B3 0.00000000 0.00000000 6.~~11677923~~11269153 0.00000000 ~~998~~997.~~00280746~~32196069 B4 0.00000000 0.00000000 6.~~11677419~~11268817 0.00000000 ~~998~~997.~~00280466~~32196237 B5 0.00000000 0.00000000 6.~~11678201~~11268743 0.00000000 ~~998~~997.~~00280277~~32196078 B6 0.00000000 0.00000000 6.~~11677742~~11269375 0.00000000 ~~998~~997.~~00281177~~32195875 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 64,~~784~~808,~~579~~053.2338 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~121~~93,~~549~~406.5326 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 64,~~906~~901,~~128~~459.7664 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~177~~171,~~149~~899.4927 Payment of Interest and Principal 64,~~728~~729,~~979~~560.2737 Total Withdrawals (Pool Distribution Amount) 64,~~906~~901,~~128~~459.7664 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~176~~170,~~174~~924.4927 Class A4 Certificate Insurance Premium 975.00 ~~Special Servicing Fee 0.00~~ Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~177~~171,~~149~~899.4927

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Financial Guaranty 0.00 0.00 0.00 0.00 Reserve Fund 2,000.00 0.0001 0.00 21,~~000~~999.0099 Reserve Fund 999.99 0.00 0.00 999.99

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 01 0 0 01 0401,131.0085 0.00 0.00 0401,131.0085 30 Days 2420 0 0 0 2420 116,~~752~~753,~~098~~149.7433 0.00 0.00 0.00 116,~~752~~753,~~098~~149.7433 60 Days 95 0 10 0 105 34,~~774~~493,~~656~~104.6231 0.00 ~~58,992~~0.9800 0.00 34,~~833~~493,~~649~~104.6031 90 Days 42 0 01 0 43 2404,~~202,636~~605.3741 0.00 058,992.0098 0.00 2463,~~202,636~~598.3739 120 Days 02 0 01 0 03 0999,087.0004 0.00 0566,638.0045 0.00 01,565,725.0049 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 3729 0 1 2 0 3832 1712,~~729~~649,~~391~~946.7309 0401,131.0085 58625,~~992~~631.9843 0.00 1713,~~788~~676,~~384~~709.7137 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~~174520% 0.000000% 0.000000% 0.~~000000~~174520% 0.~~000000~~175686% 0.000000% 0.000000% 0.~~000000~~175686% 30 Days 43.~~130809~~490401% 0.000000% 0.000000% 0.000000% 43.~~130809~~490401% 52.~~073307~~957710% 0.000000% 0.000000% 0.000000% 52.~~073307~~957710% 60 Days 10.~~549053~~872600% 0.000000% 0.~~172117~~000000% 0.000000% 10.~~721170~~872600% 1.~~629495~~967867% 0.000000% 0.~~025467~~000000% 0.000000% 1.~~654962~~967867% 90 Days 0.~~688468~~349040% 0.000000% 0.~~000000~~174520% 0.000000% 0.~~688468~~523560% 0.~~950864~~177207% 0.000000% 0.~~000000~~025837% 0.000000% 0.~~950864~~203044% 120 Days 0.~~000000~~349040% 0.000000% 0.~~000000~~174520% 0.000000% 0.~~000000~~523560% 0.~~000000~~437575% 0.000000% 0.~~000000~~248173% 0.000000% 0.~~000000~~685748% 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 65.~~368330~~061082% 0.~~000000~~174520% 0.~~172117~~349040% 0.000000% 65.~~540448~~584642% 75.~~653666~~540359% 0.~~000000~~175686% 0.~~025467~~274011% 0.000000% 75.~~679133~~990056%

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 01 0 0 01 0401,131.0085 0.00 0.00 0401,131.0085 30 Days 168 0 0 0 16 8 2,~~983~~632,~~381~~009.5933 0.00 0.00 0.00 82,~~983~~632,~~381~~009.5933 60 Days 53 0 0 0 53 23,~~745~~519,~~145~~985.6555 0.00 0.00 0.00 23,~~745~~519,~~145~~985.6555 90 Days 10 0 0 0 10 ~~566,638~~0.4500 0.00 0.00 0.00 ~~566,638~~0.4500 120 Days 0 0 01 0 01 0.00 0.00 0566,638.0045 0.00 0566,638.0045 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 2211 01 01 0 2213 126,~~295~~151,~~165~~994.6988 0401,131.0085 0566,638.0045 0.00 127,~~295~~119,~~165~~765.6918 0-29 Days 0.~~000000~~247525% 0.000000% 0.000000% 0.~~000000~~247525% 0.~~000000~~229906% 0.000000% 0.000000% 0.~~000000~~229906% 30 Days 31.~~883495~~980198% 0.000000% 0.000000% 0.000000% 31.~~883495~~980198% 51.~~053527~~508517% 0.000000% 0.000000% 0.000000% 51.~~053527~~508517% 60 Days 10.~~213592~~742574% 0.000000% 0.000000% 0.000000% 10.~~213592~~742574% 12.~~544259~~017454% 0.000000% 0.000000% 0.000000% 12.~~544259~~017454% 90 Days 0.~~242718~~000000% 0.000000% 0.000000% 0.000000% 0.~~242718~~000000% 0.~~318758~~000000% 0.000000% 0.000000% 0.000000% 0.~~318758~~000000% 120 Days 0.000000% 0.000000% 0.~~000000~~247525% 0.000000% 0.~~000000~~247525% 0.000000% 0.000000% 0.~~000000~~324765% 0.000000% 0.~~000000~~324765% 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 52.~~339806~~722772% 0.~~000000~~247525% 0.~~000000~~247525% 0.000000% 53.~~339806~~217822% 63.~~916544~~525971% 0.~~000000~~229906% 0.~~000000~~324765% 0.000000% 64.~~916544~~080641% 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 812 0 0 0 812 24,~~768~~121,~~717~~140.1500 0.00 0.00 0.00 24,~~768~~121,~~717~~140.1500 60 Days 42 0 10 0 52 1973,~~029,510~~118.9776 0.00 ~~58,992~~0.9800 0.00 1973,~~088,503~~118.9576 90 Days 32 0 01 0 3 1404,~~635,997~~605.9241 0.00 058,992.0098 0.00 1463,~~635,997~~598.9239 120 Days 02 0 0 0 02 0999,087.0004 0.00 0.00 0.00 0999,087.0004 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 1518 0 1 0 1619 56,~~434~~497,~~226~~951.0421 0.00 58,992.98 0.00 56,~~493~~556,~~219~~944.0219 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 47.~~733728~~100592% 0.000000% 0.000000% 0.000000% 47.~~733728~~100592% 57.~~138564~~653433% 0.000000% 0.000000% 0.000000% 57.~~138564~~653433% 60 Days 21.~~366864~~183432% 0.000000% 0.~~591716~~000000% 0.000000% 21.~~958580~~183432% 1.~~910707~~807194% 0.000000% 0.~~109487~~000000% 0.000000% 21.~~020194~~807194% 90 Days 1.~~775148~~183432% 0.000000% 0.~~000000~~591716% 0.000000% 1.775148% 30.~~036309~~751399% 0.000000% 0.~~000000~~109557% 0.000000% 30.~~036309~~860956% 120 Days 01.~~000000~~183432% 0.000000% 0.000000% 0.000000% 01.~~000000~~183432% 01.~~000000~~855420% 0.000000% 0.000000% 0.000000% 01.~~000000~~855420% 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 810.~~875740~~650888% 0.000000% 0.591716% 0.000000% 911.~~467456~~242604% 1012.~~085579~~067446% 0.000000% 0.~~109487~~109557% 0.000000% 1012.~~195067~~177003%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~121~~93,~~549~~406.5326

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 206,426.00 0.08318918% 206,426.00 0.~~08917270~~09046957% Fraud 4,962,800.00 1.99999647% 4,962,800.00 2.~~14384955~~17502836% Special Hazard 5,695,495.00 2.29527080% 5,~~684~~681,~~707~~395.4208 2.~~45570192~~48996443% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Fixed 30 Year Ratio Strip Weighted Average Gross Coupon 8.~~206237~~206341% Weighted Average Pass-Through Rate 7.~~313374~~320302% Weighted Average Maturity(Stepdown Calculation ) ~~354~~353 Beginning Scheduled Collateral Loan Count ~~590~~581 Number Of Loans Paid In Full 98 Ending Scheduled Collateral Loan Count ~~581~~573 Beginning Scheduled Collateral Balance ~~236~~231,~~777~~490,~~046~~124.0934 Ending Scheduled Collateral Balance ~~231~~228,~~490~~171,~~124~~737.3400 Ending Actual Collateral Balance at 3031-~~Sep~~Oct-2001 ~~231~~228,~~645~~323,~~743~~578.3701 Monthly P &I Constant 1,~~778~~741,~~585~~058.9955 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 64,627,~~362~~842.0799 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans ~~231~~228,~~490~~171,~~124~~737.3400 Scheduled Principal ~~159~~157,~~378~~986.9320 Unscheduled Principal 53,~~127~~160,~~542~~401.8214

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.~~023054~~017906 8.~~827975~~827992 8.~~206237~~206341 Weighted Average Net Rate 6.~~998714~~998677 8.~~381358~~381356 7.~~313374~~320302 Weighted Average Maturity ~~354~~353 ~~355~~ 354 353 Beginning Loan Count ~~421~~412 169 ~~590~~581 Loans Paid In Full 98 0 98 Ending Loan Count ~~412~~404 169 ~~581~~573 Beginning Scheduled Balance ~~182~~177,~~891~~643,~~726~~105.50 53,~~885~~847,~~319~~018.5984 ~~236~~231,~~777~~490,~~046~~124.0934 Ending ~~Scheduled~~scheduled Balance ~~177~~174,~~643~~360,~~105~~512.5089 53,~~847~~811,~~018~~224.8411 ~~231~~228,~~490~~171,~~124~~737.3400 Record Date 0910/3031/2001 0910/3031/2001 0910/3031/2001 Principal And Interest Constant 1,~~350~~313,~~622~~095.7733 427,963.22 1,~~778~~741,~~585~~058.9955 Scheduled Principal ~~127~~126,~~830~~157.9020 31,~~548~~829.0300 ~~159~~157,~~378~~986.9320 Unscheduled Principal 53,~~120~~156,~~790~~435.1041 63,~~752~~965.7273 53,~~127~~160,~~542~~401.8214 Scheduled Interest 1,~~222~~186,~~791~~938.8713 396,~~415~~134.1922 1,~~619~~583,~~207~~072.0635 Servicing Fees ~~156~~150,~~119~~882.4759 20,~~055~~041.0868 ~~176~~170,~~174~~924.5527 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount ~~118~~113,~~017~~873.0261 8,~~829~~823.0057 ~~126~~122,~~846~~697.0218 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 ~~948~~922,~~655~~181.3893 367,~~531~~268.1197 1,~~316~~289,~~186~~450.4990 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~~229447 8.~~381358~~184719 7.~~313374~~320302

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