8-K 1 arc01bc2.txt NOVEMBER 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): November 26, 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 November 26, 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 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. 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: 11/30/01 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 November 26, 2001 distribution. EX-99.1

Amortizing Residential Collateral Mortgage Trust Mortgage Pass-Through Certificates Record Date: 910/3031/01 Distribution Date: 1011/2526/01 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.~~78657~~77701% ~~256~~250,~~838~~689,~~322~~490.8978 2,~~244~~155,~~342~~264.6738 67,~~148~~461,~~832~~013.1220 M1 8635725Y5 SUB 9.~~78657~~77701% 10,289,000.00 8988,~~908~~458.8610 0.00 M2 8635725Z2 SUB 9.~~78657~~77701% 4,749,000.00 4140,~~498~~828.4280 0.00 M3 8635726A6 SUB 9.~~78657~~77701% 3,166,000.00 3331,~~649~~837.4121 0.00 B1 8635725T6 SUB 9.~~78657~~77701% 5,223,000.00 42,~~596~~554.0345 0.00 B2 8635725U3 SUB 9.~~78657~~77701% 2,532,000.00 20,~~649~~629.6550 0.00 B3 8635725V1 SUB 9.~~78657~~77701% 2,510,987.60 20,~~478~~458.2930 0.00 R 8635725X7 SEN 9.~~78657~~77701% 8987.1501 0.7875 2.1359 Totals ~~285~~279,~~308~~159,~~399~~565.6439 2,~~493~~400,~~124~~031.1149 67,~~148~~461,~~834~~015.2579

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A 0.00 ~~250~~243,~~689~~228,~~490~~477.7858 89,~~393~~616,~~174~~277.7958 0.00 M1 0.00 10,289,000.00 8988,~~908~~458.8610 0.00 M2 0.00 4,749,000.00 4140,~~498~~828.4280 0.00 M3 0.00 3,166,000.00 3331,~~649~~837.4121 0.00 B1 0.00 5,223,000.00 42,~~596~~554.0345 0.00 B2 0.00 2,532,000.00 20,~~649~~629.6550 0.00 B3 0.00 2,510,987.60 20,~~478~~458.2930 24,827.40 R 0.00 8784.0142 23.9134 0.00 Totals 0.00 ~~279~~271,~~159~~698,~~565~~549.3960 89,~~641~~861,~~958~~047.3628 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 ~~256~~250,~~838~~689,~~322~~490.8978 0.00 67,~~148~~461,~~832~~013.1220 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 2,510,987.60 0.00 0.00 0.00 0.00 R 100.00 8987.1501 0.00 2.1359 0.00 0.00 Totals 316,601,915.00 ~~285~~279,~~308~~159,~~399~~565.6439 0.00 67,~~148~~461,~~834~~015.2579 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 A 67,~~148~~461,~~832~~013.1220 ~~250~~243,~~689~~228,~~490~~477.7858 0.~~87012634~~84422967 67,~~148~~461,~~832~~013.1220 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 0.00 2,510,987.60 0.99020930 0.00 R 2.1359 8784.0142 0.~~87010000~~84420000 2.1359 Totals 67,~~148~~461,~~834~~015.2579 ~~279~~271,~~159~~698,~~565~~549.3960 0.~~88173682~~85817090 67,~~148~~461,~~834~~015.2579

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 288,107,000.00 ~~891~~870.~~46852694~~12634466 0.00000000 2125.~~34218231~~89667450 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 2,535,815.00 990.20930155 0.00000000 0.00000000 0.00000000 R 100.00 ~~891~~870.~~50000000~~10000000 0.00000000 2125.~~30000000~~90000000 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 2125.~~34218231~~89667450 ~~870~~844.~~12634466~~22967016 0.~~87012634~~84422967 2125.~~34218231~~89667450 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 0.00000000 0.00000000 990.20930155 0.99020930 0.00000000 R 0.00000000 2125.~~30000000~~90000000 ~~870~~844.~~10000000~~20000000 0.~~87010000~~84420000 2125.~~30000000~~90000000 (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.~~78657~~77701% ~~256~~250,~~838~~689,~~322~~490.8978 2,~~094~~042,~~637~~495.6717 0.00 0.00 M1 10,289,000.00 9.~~78657~~77701% 10,289,000.00 83,~~911~~829.6573 0.00 0.00 M2 4,749,000.00 9.~~78657~~77701% 4,749,000.00 38,~~730~~692.3453 0.00 0.00 M3 3,166,000.00 9.~~78657~~77701% 3,166,000.00 25,~~820~~795.2202 0.00 0.00 B1 5,223,000.00 9.~~78657~~77701% 5,223,000.00 42,~~596~~554.0345 0.00 0.00 B2 2,532,000.00 9.~~78657~~77701% 2,532,000.00 20,~~649~~629.6550 0.00 0.00 B3 2,535,815.00 9.~~78657~~77701% 2,510,987.60 20,~~478~~458.2930 0.00 0.00 R 100.00 9.~~78657~~77701% 8987.1501 0.7371 0.00 0.00 Totals 316,601,915.00 2,~~326~~274,~~824~~455.5841 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,~~244~~155,~~342~~264.6738 0.00 ~~250~~243,~~689~~228,~~490~~477.7858 M1 0.00 0.00 8988,~~908~~458.8610 0.00 10,289,000.00 M2 0.00 0.00 4140,~~498~~828.4280 0.00 4,749,000.00 M3 0.00 0.00 3331,~~649~~837.4121 0.00 3,166,000.00 B1 0.00 0.00 42,~~596~~554.0345 0.00 5,223,000.00 B2 0.00 0.00 20,~~649~~629.6550 0.00 2,532,000.00 B3 0.00 0.00 20,~~478~~458.2930 0.00 2,510,987.60 R 0.00 0.00 0.7875 0.00 8784.0142 Totals 0.00 0.00 2,~~493~~400,~~124~~031.1149 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.~~78657~~77701% ~~891~~870.~~46852694~~12634466 7.~~27034633~~08936322 0.00000000 0.00000000 M1 10,289,000.00 9.~~78657~~77701% 1000.00000000 8.~~15547186~~14750996 0.00000000 0.00000000 M2 4,749,000.00 9.~~78657~~77701% 1000.00000000 8.~~15547273~~14751105 0.00000000 0.00000000 M3 3,166,000.00 9.~~78657~~77701% 1000.00000000 8.~~15547063~~14751105 0.00000000 0.00000000 B1 5,223,000.00 9.~~78657~~77701% 1000.00000000 8.~~15547195~~14751101 0.00000000 0.00000000 B2 2,532,000.00 9.~~78657~~77701% 1000.00000000 8.~~15546998~~14751185 0.00000000 0.00000000 B3 2,535,815.00 9.~~78657~~77701% 990.20930155 8.~~07562460~~06774153 0.00000000 0.00000000 R 100.00 9.~~78657~~77701% ~~891~~870.~~50000000~~10000000 7.~~30000000~~10000000 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.~~78996231~~48077756 0.00000000 ~~870~~844.~~12634466~~22967016 M1 0.00000000 0.00000000 8.~~73834775~~59734668 0.00000000 1000.00000000 M2 0.00000000 0.00000000 8.~~73834913~~59734681 0.00000000 1000.00000000 M3 0.00000000 0.00000000 10.~~62836702~~05597284 0.00000000 1000.00000000 B1 0.00000000 0.00000000 8.~~15547195~~14751101 0.00000000 1000.00000000 B2 0.00000000 0.00000000 8.~~15546998~~14751185 0.00000000 1000.00000000 B3 0.00000000 0.00000000 8.~~07562460~~06774153 0.00000000 990.20930155 R 0.00000000 0.00000000 7.~~80000000~~50000000 0.00000000 ~~870~~844.~~10000000~~20000000 (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 ~~8,649,993~~0.1400 Liquidations, Insurance Proceeds, Reserve Funds 09,711,240.0085 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~340~~365,~~684~~268.8339 Realized Losses 0.00 Prepayment Penalties ~~166~~125,~~299~~576.5308 Total Deposits 910,~~156~~202,~~977~~085.5032 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~348~~341,~~719~~038.6104 Payment of Interest and Principal 89,~~641~~861,~~958~~047.3628 Total Withdrawals (Pool Distribution Amount) 810,~~990~~202,~~677~~085.9732 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~118~~116,~~878~~316.6869 Additional Servicing Fee 0.00 Loss Mitigation Advisor's Fee 3,~~566~~489.3787 MGIC Insurance Premium ~~225~~220,~~085~~068.7731 Net Master Servicing Fee ~~897~~871.1250 ~~Special Servicing Fee 0.00~~ Trustee Fee - First Union National Bank 291.67 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~348~~341,~~719~~038.6104

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 20 64 ~~572~~557,~~886~~992.1019 0.00 ~~518,508~~0.5400 1557,~~091,394~~992.6419 30 Days 9480 02 4 1 087 ~~95 11~~9,~~172~~286,~~176~~493.8480 0347,949.0003 69549,~~840~~458.9398 0120,195.0078 1110,~~242~~304,~~017~~097.7759 60 Days 2829 2 1724 0 4755 24,~~583~~352,~~983~~947.3073 ~~120~~198,~~282~~750.3782 12,~~981~~658,~~517~~900.2178 0.00 47,~~685~~210,~~782~~599.8833 90 Days 1711 26 2619 0 4536 1,~~654~~375,~~813~~814.2777 ~~571~~540,~~087~~218.0492 41,~~112~~870,~~257~~665.5287 0.00 63,~~338~~786,~~157~~699.8356 120 Days 8 3 118 28 0 2239 1121,~~094,563~~923.2035 ~~254~~571,~~338~~084.1456 14,~~658~~447,~~081~~777.4407 0.00 35,~~006~~140,~~982~~784.7898 150 Days 311 25 1412 40 5118 3203,~~781,720~~619.1287 ~~277~~389,~~032~~544.7847 1,~~814~~642,~~718~~994.8389 ~~425,869~~0.5000 62,~~299~~236,~~341~~159.23 180+ Days 329 5 1328 39 2471 ~~333~~3,~~303~~380,697.0009 ~~853~~666,~~291~~127.9866 13,~~606~~968,~~314~~757.5581 ~~507~~1,~~895~~106,427.7307 39,~~300~~122,~~805~~009.2663 Totals ~~181~~153 1832 82115 910 ~~290~~310 2018,~~620~~721,~~559~~496.7361 23,~~648~~271,~~918~~667.4165 1115,~~242~~138,~~730~~555.4840 1,~~452~~226,~~273~~622.7785 3538,~~964~~358,~~482~~342.3951 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.~~186480~~191296% 0.000000% 0.~~093240~~000000% 0.~~279720~~191296% 0.~~205098~~205244% 0.000000% 0.~~185631~~000000% 0.~~390729~~205244% 30 Days 43.~~382284~~825921% 0.~~000000~~095648% 0.~~046620~~191296% 0.~~000000~~047824% 4.~~428904~~160689% 3.~~999740~~415811% 0.~~000000~~127985% 0.~~025004~~202105% 0.~~000000~~044211% 43.~~024743~~790112% 60 Days 1.~~305361~~386896% 0.~~093240~~095648% 01.~~792541~~147776% 0.000000% 2.~~191142~~630320% 01.~~925089~~601126% 0.~~043062~~073106% 0.~~709401~~978012% 0.000000% 12.~~677552~~652244% 90 Days 0.~~792541~~526064% 0.~~093240~~286944% 10.~~212121~~908656% 0.000000% 21.~~097902~~721664% 0.~~592438~~506060% 0.~~204454~~198706% 10.~~472225~~688079% 0.000000% 21.~~269117~~392845% 120 Days 0.~~372960~~143472% 0.~~139860~~382592% 01.~~512821~~339072% 0.000000% 1.~~025641~~865136% 0.~~391863~~044847% 0.~~091055~~210060% 01.~~593608~~636007% 0.000000% 1.~~076527~~890913% 150 Days 10.~~445221~~047824% 0.~~093240~~239120% 0.~~652681~~573888% 0.~~186480~~000000% 20.~~377622~~860832% 10.~~353890~~074897% 0.~~099180~~143284% 0.~~649686~~604336% 0.~~152465~~000000% 20.~~255221~~822517% 180+ Days 01.~~139860~~386896% 0.~~233100~~239120% 01.~~606061~~339072% 0.~~139860~~430416% 13.~~118881~~395505% 01.~~119325~~243507% 0.~~305486~~245019% 01.~~575075~~459811% 0.~~181831~~406972% 13.~~181718~~355309% Totals 87.~~438228~~317073% 01.~~839161~~530368% 35.~~822844~~499761% 0.~~419580~~478240% 1314.~~519814~~825442% 76.~~382346~~886247% 01.~~948337~~203403% 45.~~024998~~568349% 0.~~519927~~451183% 1214.~~875608~~109183%

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 42 0 0 0 42 ~~407~~362,~~206~~559.9759 0.00 0.00 0.00 ~~407~~362,~~206~~559.9759 60 Days 42 0 0 0 42 ~~308~~134,~~621~~274.8997 0.00 0.00 0.00 ~~308~~134,~~621~~274.8997 90 Days 2 0 02 0 24 94177,~~272~~906.0714 0.00 0130,715.0075 0.00 94308,~~272~~621.0789 120 Days 1 0 0 2 0 12 ~~54,651.43~~ 0.00 0.00 94,272.07 0.00 5494,~~651~~272.4307 150 Days 4 0 0 1 0 41 ~~450,134.81~~ 0.00 0.00 54,651.43 0.00 ~~450~~54,~~134~~651.8143 180 Days 04 0 0 0 04 0450,134.0081 0.00 0.00 0.00 0450,134.0081 Totals 1510 0 05 0 15 1,~~314~~124,~~887~~875.1751 0.00 0279,639.0025 0.00 1,~~314~~404,~~887~~514.1776 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 31.~~478261~~834862% 0.000000% 0.000000% 0.000000% 31.~~478261~~834862% 4.~~807250~~579670% 0.000000% 0.000000% 0.000000% 4.~~807250~~579670% 60 Days 31.~~478261~~834862% 0.000000% 0.000000% 0.000000% 31.~~478261~~834862% 31.~~643411~~696094% 0.000000% 0.000000% 0.000000% 31.~~643411~~696094% 90 Days 1.~~739130~~834862% 0.000000% 01.~~000000~~834862% 0.000000% 13.~~739130~~669725% 12.~~112921~~247221% 0.000000% 01.~~000000~~651135% 0.000000% 13.~~112921~~898356% 120 Days 0.~~869565~~000000% 0.000000% 01.~~000000~~834862% 0.000000% 01.~~869565~~834862% 0.~~645183~~000000% 0.000000% 01.~~000000~~190797% 0.000000% 01.~~645183~~190797% 150 Days 30.~~478261~~000000% 0.000000% 0.~~000000~~917431% 0.000000% 30.~~478261~~917431% 50.~~314031~~000000% 0.000000% 0.~~000000~~690329% 0.000000% 50.~~314031~~690329% 180 Days 03.~~000000~~669725% 0.000000% 0.000000% 0.000000% 03.~~000000~~669725% 05.~~000000~~685876% 0.000000% 0.000000% 0.000000% 05.~~000000~~685876% Totals 139.~~043478~~174312% 0.000000% 04.~~000000~~587156% 0.000000% 13.~~043478~~761468% 1514.~~522797~~208860% 0.000000% 03.~~000000~~532262% 0.000000% 1517.~~522797~~741122% 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 20 64 ~~572~~557,~~886~~992.1019 0.00 ~~518,508~~0.5400 1557,~~091,394~~992.6419 30 Days 9078 02 4 1 085 ~~91 10~~8,~~764~~923,~~969~~934.8721 0347,949.0003 69549,~~840~~458.9398 0120,195.0078 109,~~834~~941,~~810~~538.8000 60 Days 2427 2 1724 0 4353 24,~~275~~218,~~361~~672.4176 ~~120~~198,~~282~~750.3782 12,~~981~~658,~~517~~900.2178 0.00 47,~~377~~076,~~160~~324.9936 90 Days 159 26 2617 0 4332 1,~~560~~197,~~541~~908.2063 ~~571~~540,~~087~~218.0492 41,~~112~~739,~~257~~950.5212 0.00 63,~~243~~478,~~885~~077.7667 120 Days 7 3 118 26 0 2137 1121,~~039,911~~923.7735 ~~254~~571,~~338~~084.1456 14,~~658~~353,~~081~~505.4400 0.00 25,~~952~~046,~~331~~512.3591 150 Days 271 25 1411 40 4717 3203,~~331,585~~619.3187 ~~277~~389,~~032~~544.7847 1,~~814~~588,~~718~~343.8346 ~~425,869~~0.5000 52,~~849~~181,~~206~~507.4280 180 Days 325 5 1328 39 2467 ~~333~~2,~~303~~930,562.0028 ~~853~~666,~~291~~127.9866 13,~~606~~968,~~314~~757.5581 ~~507~~1,~~895~~106,427.7307 38,~~300~~671,~~805~~874.2682 Totals ~~166~~143 1832 82110 910 ~~275~~295 1917,~~305~~596,~~672~~621.5610 23,~~648~~271,~~918~~667.4165 1114,~~242~~858,~~730~~916.4815 1,~~452~~226,~~273~~622.7785 3436,~~649~~953,~~595~~827.2275 0-29 Days 0.~~197044~~201816% 0.000000% 0.~~098522~~000000% 0.~~295567~~201816% 0.~~211513~~211400% 0.000000% 0.~~191436~~000000% 0.~~402949~~211400% 30 Days 43.~~433498~~935419% 0.~~000000~~100908% 0.~~049261~~201816% 0.~~000000~~050454% 4.~~482759~~288597% 3.~~974485~~380903% 0.~~000000~~131823% 0.~~025786~~208167% 0.~~000000~~045537% 43.~~000271~~766430% 60 Days 1.~~182266~~362260% 0.~~098522~~100908% 01.~~837438~~210898% 0.000000% 2.~~118227~~674067% 01.~~840076~~598278% 0.~~044409~~075298% 01.~~731587~~007346% 0.000000% 12.~~616072~~680921% 90 Days 0.~~738916~~454087% 0.~~098522~~302725% 10.~~280788~~857719% 0.000000% 21.~~118227~~614531% 0.~~576160~~453837% 0.~~210848~~204666% 10.~~518268~~659194% 0.000000% 21.~~305277~~317697% 120 Days 0.~~344828~~151362% 0.~~147783~~403633% 01.~~541872~~311806% 0.000000% 1.~~034483~~866801% 0.~~383941~~046192% 0.~~093903~~216360% 01.~~612173~~649360% 0.000000% 1.~~090017~~911911% 150 Days 10.~~330049~~050454% 0.~~098522~~252270% 0.~~689655~~554995% 0.~~197044~~000000% 20.~~315271~~857719% 10.~~230039~~077143% 0.~~102282~~147582% 0.~~670004~~601756% 0.~~157233~~000000% 20.~~159559~~826481% 180 Days 01.~~147783~~261352% 0.~~246305~~252270% 01.~~640394~~412714% 0.~~147783~~454087% 13.~~182266~~380424% 01.~~123057~~110267% 0.~~315040~~252368% 01.~~593060~~503595% 0.~~187518~~419179% 13.~~218675~~285408% Totals 87.~~177340~~214934% 01.~~886700~~614531% 45.~~039409~~549950% 0.~~443350~~504541% 1314.~~546798~~883956% 76.~~127759~~666619% 01.~~977995~~239497% 45.~~150877~~629418% 0.~~536187~~464716% 1214.~~792819~~000250%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~340~~365,~~684~~268.8339

COLLATERAL STATEMENT Collateral Description Fixed Mixed & ARM & Balloon Weighted Average Gross Coupon 11.~~253271~~243001% Weighted Average Net Coupon 10.~~753270~~743000% Weighted Average Pass-Through Rate 9.~~770958~~761921% Weighted Average Maturity(Stepdown Calculation ) ~~348~~347 Beginning Scheduled Collateral Loan Count 2,~~201~~145 Number Of Loans Paid In Full 5654 Ending Scheduled Collateral Loan Count 2,~~145~~091 Beginning Scheduled Collateral Balance ~~285~~279,~~308~~159,~~399~~565.6439 Ending Scheduled Collateral Balance ~~279~~271,~~159~~698,~~565~~549.3960 Ending Actual Collateral Balance at 3031-~~Sep~~Oct-2001 ~~279~~271,~~322~~867,~~601~~915.9456 Monthly P &I Constant 2,~~955~~853,~~123~~252.1944 Special Servicing Fee 0.00 Prepayment Penalties ~~166~~125,~~299~~576.5308 Realized Loss Amount 0.00 Cumulative Realized Loss 24,827.97 Ending Scheduled Balance for Premium Loans ~~279~~271,~~159~~698,~~565~~549.3960 Scheduled Principal ~~113~~112,~~279~~183.6865 Unscheduled Principal 67,~~035~~348,~~554~~832.5714

Group Level Collateral Statement Group 1 2 Total Collateral Description Mixed Fixed Mixed ARM and ~~Ball~~Balloon Fixed Mixed & ARM & B Weighted Average Coupon Rate 2118.~~019407~~147617 11.~~671810~~583800 11.~~253271~~243001 Weighted Average Net Rate 2017.~~519408~~647617 11.~~171809~~083800 10.~~753270~~743000 Weighted Average Maturity ~~173~~172 ~~341~~340 ~~348~~347 Beginning Loan Count ~~118~~115 2,~~083~~030 2,~~201~~145 Loans Paid In Full 36 5348 5654 Ending Loan Count ~~115~~109 21,~~030~~982 2,~~145~~091 Beginning Scheduled Balance 8,~~574~~463,~~064~~681.9019 ~~276~~270,~~734~~695,~~334~~884.7420 ~~285~~279,~~308~~159,~~399~~565.6439 Ending ~~Scheduled~~scheduled Balance 87,~~463~~910,~~681~~171.1958 ~~270~~263,~~695~~788,~~884~~378.2002 ~~279~~271,~~159~~698,~~565~~549.3960 Record Date 0910/3031/2001 0910/3031/2001 0910/3031/2001 Principal And Interest Constant ~~154~~132,~~371~~147.8946 2,~~800~~721,~~751~~104.3098 2,~~955~~853,~~123~~252.1944 Scheduled Principal 4,~~187~~151.09 ~~109~~108,~~092~~032.5956 ~~113~~112,~~279~~183.6865 Unscheduled Principal ~~106~~549,~~196~~358.6252 56,~~929~~799,~~357~~473.9562 67,~~035~~348,~~554~~832.5714 Scheduled Interest ~~150~~127,~~184~~996.8037 2,~~691~~613,~~658~~072.7142 2,~~841~~741,~~843~~068.5179 Servicing Fees 3,~~572~~526.5253 ~~115~~112,~~305~~789.9997 ~~118~~116,~~878~~316.5150 Master Servicing Fees 35.7427 1,~~153~~127.0791 1,~~188~~163.8118 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~~017.3382 ~~221~~216,~~542~~539.8189 ~~228~~223,~~652~~557.1471 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~~117,~~467~~416.2175 2,~~353~~282,~~656~~614.8465 2,~~493~~400,~~124~~031.0540 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 ~~166~~39,~~299~~503.5337 086,072.0071 ~~166~~125,~~299~~576.5308 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 1916.~~519406~~647614 10.~~206136~~118874 9.~~770958~~761921

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