8-K 1 arc01bc3.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-BC3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-35026 Pooling and Servicing Agreement) (Commission (State or other File Number) PENDING 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 AMORTIZING RESIDENTIAL COLLATERAL TRUST, Mortgage Pass-Through Certificates, Series 2001-BC3 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-BC3 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-BC3 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-BC3 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-BC3 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-1 8635727U1 SEQ 2.~~92125~~68000% ~~259~~254,~~818~~422,~~212~~210.3365 ~~632~~606,~~494~~090.9623 59,~~396~~913,~~001~~582.6849 A-IO 8635727V9 IO 6.00000% 0.00 ~~429~~381,~~267~~570.1680 0.00 M-1 8635727W7 SEQ 3.~~29125~~05000% 8,744,000.00 23,~~982~~705.2495 0.00 M-2 8635727X5 SEQ 3.~~71125~~47000% 7,154,000.00 22,~~125~~066.2411 0.00 B 8635727Y3 SEQ 4.~~56125~~32000% 3,180,000.00 12,~~087~~211.3120 0.00 X ARC01001X SEQ 0.00000% 0.00 ~~982~~1,~~999~~014,792.3034 0.00 P ARC01001P SEQ 0.00000% 0.00 ~~155~~217,~~513~~900.1227 0.00 R-I ARC0101R1 RES 0.00000% 0.00 0.00 0.00 R-II ARC0101R2 RES 0.00000% 0.00 0.00 0.00 R-III ARC0101R3 RES 0.00000% 0.00 0.00 0.00 Totals ~~278~~273,~~896~~500,~~212~~210.3365 2,~~258~~278,~~469~~336.3390 59,~~396~~913,~~001~~582.6849

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~254~~244,~~422~~508,~~210~~628.6516 610,~~028~~519,~~496~~672.6472 0.00 A-IO 0.00 0.00 ~~429~~381,~~267~~570.1680 0.00 M-1 0.00 8,744,000.00 23,~~982~~705.2495 0.00 M-2 0.00 7,154,000.00 22,~~125~~066.2411 0.00 B 0.00 3,180,000.00 12,~~087~~211.3120 0.00 X 0.00 0.0001 ~~982~~1,~~999~~014,792.3034 0.00 P 0.00 0.00 ~~155~~217,~~513~~900.1227 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 Totals 0.00 ~~273~~263,~~500~~586,~~210~~628.6517 712,~~654~~191,~~471~~919.0139 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) A-1 298,897,000.00 ~~259~~254,~~818~~422,~~212~~210.3365 0.00 59,~~396~~913,~~001~~582.6849 0.00 0.00 A-IO 0.00 0.00 0.00 0.00 0.00 0.00 M-1 8,744,000.00 8,744,000.00 0.00 0.00 0.00 0.00 M-2 7,154,000.00 7,154,000.00 0.00 0.00 0.00 0.00 B 3,180,000.00 3,180,000.00 0.00 0.00 0.00 0.00 X 673.09 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 R-I 0.00 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 0.00 Totals 317,975,673.09 ~~278~~273,~~896~~500,~~212~~210.3365 0.00 59,~~396~~913,~~001~~582.6849 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-1 59,~~396~~913,~~001~~582.6849 ~~254~~244,~~422~~508,~~210~~628.6516 0.~~85120363~~81803641 59,~~396~~913,~~001~~582.6849 A-IO 0.00 0.00 0.00000000 0.00 M-1 0.00 8,744,000.00 1.00000000 0.00 M-2 0.00 7,154,000.00 1.00000000 0.00 B 0.00 3,180,000.00 1.00000000 0.00 X 0.00 0.0001 0.~~00000000~~00001486 0.00 P 0.00 0.00 0.00000000 0.00 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 Totals 59,~~396~~913,~~001~~582.6849 ~~273~~263,~~500~~586,~~210~~628.6517 0.~~86012936~~82895218 59,~~396~~913,~~001~~582.6849

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 298,897,000.00 ~~869~~851.~~25667481~~20362750 0.00000000 1833.~~05304730~~16721978 0.00000000 A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M-1 8,744,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 7,154,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 3,180,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 673.09 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00 0.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 1833.~~05304730~~16721978 ~~851~~818.~~20362750~~03640773 0.~~85120363~~81803641 1833.~~05304730~~16721978 A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 0.~~00000000~~01485685 0.~~00000000~~00001486 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 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 A-1 298,897,000.00 2.~~92125~~68000% ~~259~~254,~~818~~422,~~212~~210.3365 ~~632~~606,~~494~~090.9624 0.00 0.00 A-IO 0.00 6.00000% 8576,~~853~~314,~~432~~162.00 ~~429~~381,~~267~~570.1681 0.00 0.00 M-1 8,744,000.00 3.~~29125~~05000% 8,744,000.00 23,~~982~~705.2496 0.00 0.00 M-2 7,154,000.00 3.~~71125~~47000% 7,154,000.00 22,~~125~~066.2412 0.00 0.00 B 3,180,000.00 4.~~56125~~32000% 3,180,000.00 12,~~087~~211.3120 0.00 0.00 X 673.09 0.00000% 0.00 0.00 0.00 0.00 P 0.00 0.00000% 0.01 0.00 0.00 0.00 R-I 0.00 0.00000% 0.00 0.00 0.00 0.00 R-II 0.00 0.00000% 0.00 0.00 0.00 0.00 R-III 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 317,975,673.09 1,~~119~~045,~~956~~644.9133 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-1 0.0001 0.00 ~~632~~606,~~494~~090.9623 0.00 ~~254~~244,~~422~~508,~~210~~628.6516 A-IO 0.0001 0.00 ~~429~~381,~~267~~570.1680 0.00 8576,~~853~~314,~~432~~162.00 M-1 0.00 0.00 23,~~982~~705.2495 0.00 8,744,000.00 M-2 0.00 0.00 22,~~125~~066.2411 0.00 7,154,000.00 B 0.00 0.00 12,~~087~~211.3120 0.00 3,180,000.00 X 0.00 0.00 ~~982~~1,~~999~~014,792.3034 0.00 0.0001 P 0.00 0.00 ~~155~~217,~~513~~900.1227 0.00 0.01 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 Totals 0.0002 0.00 2,~~258~~278,~~469~~336.3390 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-1 298,897,000.00 2.~~92125~~68000% ~~869~~851.~~25667481~~20362750 2.~~11609672~~02775618 0.00000000 0.00000000 A-IO 0.00 6.00000% ~~1000~~888.~~00000000~~88889148 54.~~00000000~~44444446 0.00000000 0.00000000 M-1 8,744,000.00 3.~~29125~~05000% 1000.00000000 2.~~74270814~~71111162 0.00000000 0.00000000 M-2 7,154,000.00 3.~~71125~~47000% 1000.00000000 3.~~09270897~~08444507 0.00000000 0.00000000 B 3,180,000.00 4.~~56125~~32000% 1000.00000000 3.~~80104088~~84000000 0.00000000 0.00000000 X 673.09 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-I 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 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-1 0.~~00000000~~00000003 0.00000000 2.~~11609672~~02775615 0.00000000 ~~851~~818.~~20362750~~03640773 A-IO 0.~~00000000~~00000012 0.00000000 54.~~00000000~~44444434 0.00000000 ~~1000~~888.~~00000000~~88889148 M-1 0.00000000 0.00000000 2.~~74270814~~71111048 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.~~09270897~~08444367 0.00000000 1000.00000000 B 0.00000000 0.00000000 3.~~80104088~~84000000 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~1460427~~1507662.~~72883270~~18484898 0.00000000 0.~~00000000~~01485685 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 712,~~849~~153,~~760~~740.8879 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~129~~139,~~678~~009.9918 Realized Losses 0.00 Prepayment Penalties 0217,900.0027 Total Deposits 712,~~979~~510,~~439~~650.8724 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~324~~318,~~968~~730.8685 Payment of Interest and Principal 712,~~654~~191,~~471~~919.0139 Total Withdrawals (Pool Distribution Amount) 712,~~979~~510,~~439~~650.8724 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.0002

SERVICING FEES Gross Servicing Fee ~~116~~113,~~206~~958.7443 Loss Mitigation Advisor's Fee 3,~~486~~418.2075 Master Servicing Fee 1,~~430~~396.6493 MGIC Insurance Premiums ~~203~~199,~~532~~644.7824 ~~Special Servicing Fee 0.00~~ Trustee Fee 312.50 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~324~~318,~~968~~730.8685

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 3 1 0 47 ~~127~~218,~~642~~601.0746 ~~243~~414,~~368~~975.3322 0.00 ~~371~~633,~~010~~576.4068 30 Days 4847 10 0 0 4947 5,~~471~~616,~~641~~526.3778 ~~69,722~~0.0700 0.00 0.00 5,~~541~~616,~~363~~526.4478 60 Days 2013 13 15 0 2221 21,~~252~~319,~~727~~575.1231 86301,~~541~~675.3918 59558,~~920~~028.0741 0.00 2,~~399~~179,~~188~~278.5890 90 Days 3414 01 02 0 3417 31,~~958~~822,~~590~~937.9700 050,878.0097 0117,533.0069 0.00 31,~~958~~991,~~590~~349.9766 120 Days 325 0 43 0 728 ~~307~~2,~~021~~845,639.1740 0.00 ~~412~~313,~~138~~247.4703 0.00 ~~719~~3,~~159~~158,886.6443 150 Days 32 01 3 0 6 ~~539~~231,~~719~~206.2643 0108,236.0089 ~~277~~357,~~515~~669.6676 0.00 ~~817~~697,~~234~~113.9208 180+ Days 0 1 58 01 610 0.00 181,526.17 ~~529~~957,~~117~~918.9265 0200,425.0042 ~~710~~1,~~644~~339,870.0924 Totals ~~108~~101 610 1424 01 ~~128~~136 1211,~~529~~835,~~699~~884.8992 ~~465~~860,~~431~~918.7067 12,~~522~~719,~~060~~372.4576 0200,425.0042 1415,~~517~~616,~~192~~601.0477 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.~~129702~~178651% 0.~~043234~~133988% 0.000000% 0.~~172936~~312640% 0.~~046644~~082888% 0.~~088935~~157347% 0.000000% 0.~~135579~~240235% 30 Days 2.~~075227~~099151% 0.~~043234~~000000% 0.000000% 0.000000% 2.~~118461~~099151% 12.~~999512~~129633% 0.~~025479~~000000% 0.000000% 0.000000% 2.~~024991~~129633% 60 Days 0.~~864678~~580616% 0.~~043234~~133988% 0.~~043234~~223314% 0.000000% 0.~~951146~~937919% 0.~~823218~~500347% 0.~~031625~~114387% 0.~~021897~~211589% 0.000000% 0.~~876740~~826323% 90 Days 10.~~469952~~625279% 0.~~000000~~044663% 0.~~000000~~089326% 0.000000% 10.~~469952~~759268% 10.~~446595~~691208% 0.~~000000~~019292% 0.~~000000~~044566% 0.000000% 10.~~446595~~755065% 120 Days 01.~~129702~~116570% 0.000000% 0.~~172936~~133988% 0.000000% 01.~~302637~~250558% 01.~~112195~~078988% 0.000000% 0.~~150609~~118775% 0.000000% 01.~~262804~~197763% 150 Days 0.~~129702~~089326% 0.~~000000~~044663% 0.~~129702~~133988% 0.000000% 0.~~259403~~267977% 0.~~197231~~087667% 0.~~000000~~041040% 0.~~101413~~135619% 0.000000% 0.~~298644~~264326% 180+ Days 0.000000% 0.~~043234~~044663% 0.~~216169~~357302% 0.~~000000~~044663% 0.~~259403~~446628% 0.000000% 0.~~066335~~068830% 0.~~193357~~363216% 0.~~000000~~075996% 0.~~259692~~508042% Totals 4.~~669261~~510942% 0.~~259403~~446628% 01.~~605275~~071907% 0.~~000000~~044663% 56.~~533939~~074140% 4.~~578752~~487842% 0.~~170084~~326437% 01.~~556209~~031111% 0.~~000000~~075996% 5.~~305045~~921386%

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 62 0 0 0 62 ~~372~~165,~~467~~817.8579 0.00 0.00 0.00 ~~372~~165,~~467~~817.8579 60 Days 02 0 0 0 02 0124,485.0068 0.00 0.00 0.00 0124,485.0068 90 Days 61 0 0 0 61 ~~335~~55,~~745~~705.0106 0.00 0.00 0.00 ~~335~~55,~~745~~705.0106 120 Days 03 0 02 0 05 0189,397.0029 0.00 090,628.0066 0.00 0280,025.0095 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 1 0 1 0.00 0.00 47,644.97 0.00 47,644.97 Totals 128 0 13 0 1311 ~~708~~535,~~212~~405.8682 0.00 47138,~~644~~273.9763 0.00 ~~755~~673,~~857~~679.8345 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 20.~~083333~~714286% 0.000000% 0.000000% 0.000000% 20.~~083333~~714286% 10.~~689162~~769410% 0.000000% 0.000000% 0.000000% 10.~~689162~~769410% 60 Days 0.~~000000~~714286% 0.000000% 0.000000% 0.000000% 0.~~000000~~714286% 0.~~000000~~577625% 0.000000% 0.000000% 0.000000% 0.~~000000~~577625% 90 Days 20.~~083333~~357143% 0.000000% 0.000000% 0.000000% 20.~~083333~~357143% 10.~~522622~~258477% 0.000000% 0.000000% 0.000000% 10.~~522622~~258477% 120 Days 01.~~000000~~071429% 0.000000% 0.~~000000~~714286% 0.000000% 01.~~000000~~785714% 0.~~000000~~878821% 0.000000% 0.~~000000~~420525% 0.000000% 01.~~000000~~299346% 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.~~347222~~357143% 0.000000% 0.~~347222~~357143% 0.000000% 0.000000% 0.~~216073~~221077% 0.000000% 0.~~216073~~221077% Totals 42.~~166667~~857143% 0.000000% 01.~~347222~~071429% 0.000000% 43.~~513889~~928571% 32.~~211784~~484332% 0.000000% 0.~~216073~~641602% 0.000000% 3.~~427857~~125934% 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 3 1 0 47 ~~127~~218,~~642~~601.0746 ~~243~~414,~~368~~975.3322 0.00 ~~371~~633,~~010~~576.4068 30 Days 4245 10 0 0 4345 5,~~099~~450,~~173~~708.5299 ~~69,722~~0.0700 0.00 0.00 5,~~168~~450,~~895~~708.5999 60 Days 2011 13 15 0 2219 21,~~252~~195,~~727~~089.1263 86301,~~541~~675.3918 59558,~~920~~028.0741 0.00 2,~~399~~054,~~188~~793.5822 90 Days 2813 01 02 0 2816 31,~~622~~767,~~845~~231.9694 050,878.0097 0117,533.0069 0.00 31,~~622~~935,~~845~~644.9660 120 Days 322 0 41 0 723 ~~307~~2,~~021~~656,242.1711 0.00 ~~412~~222,~~138~~618.4737 0.00 ~~719~~2,~~159~~878,860.6448 150 Days 32 01 3 0 6 ~~539~~231,~~719~~206.2643 0108,236.0089 ~~277~~357,~~515~~669.6676 0.00 ~~817~~697,~~234~~113.9208 180 Days 0 1 47 01 59 0.00 181,526.17 ~~481~~910,~~472~~273.9568 0200,425.0042 ~~662~~1,~~999~~292,225.1227 Totals 9693 610 1321 01 ~~115~~125 11,~~821~~300,~~487~~479.0310 ~~465~~860,~~431~~918.7067 12,~~474~~581,~~415~~099.4813 0200,425.0042 1314,~~761~~942,~~334~~922.2132 0-29 Days 0.~~148148~~204186% 0.~~049383~~153139% 0.000000% 0.~~197531~~357325% 0.~~050732~~090264% 0.~~096729~~171349% 0.000000% 0.~~147461~~261613% 30 Days 2.~~074074~~297090% 0.~~049383~~000000% 0.000000% 0.000000% 2.~~123457~~297090% 2.~~026712~~250677% 0.~~027712~~000000% 0.000000% 0.000000% 2.~~054424~~250677% 60 Days 0.~~987654~~561511% 0.~~049383~~153139% 0.~~049383~~255232% 0.000000% 10.~~086420~~969883% 0.~~895366~~493470% 0.~~034397~~124566% 0.~~023816~~230418% 0.000000% 0.~~953579~~848454% 90 Days 10.~~382716~~663604% 0.~~000000~~051046% 0.~~000000~~102093% 0.000000% 10.~~382716~~816743% 10.~~439932~~729716% 0.~~000000~~021009% 0.~~000000~~048531% 0.000000% 10.~~439932~~799256% 120 Days 01.~~148148~~123022% 0.000000% 0.~~197531~~051046% 0.000000% 01.~~345679~~174068% 01.~~122028~~096801% 0.000000% 0.~~163808~~091922% 0.000000% 01.~~285836~~188723% 150 Days 0.~~148148~~102093% 0.~~000000~~051046% 0.~~148148~~153139% 0.000000% 0.~~296296~~306279% 0.~~214516~~095468% 0.~~000000~~044693% 0.~~110301~~147687% 0.000000% 0.~~324817~~287848% 180 Days 0.000000% 0.~~049383~~051046% 0.~~197531~~357325% 0.~~000000~~051046% 0.~~246914~~459418% 0.000000% 0.~~072149~~074955% 0.~~191366~~375865% 0.~~000000~~082759% 0.~~263515~~533579% Totals 4.~~740741~~747320% 0.~~296296~~510465% 01.~~641975~~071975% 0.~~000000~~051046% 56.~~679012~~380807% 4.~~698555~~666132% 0.~~184990~~355486% 01.~~586020~~065773% 0.~~000000~~082759% 56.~~469565~~170149%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~129~~139,~~678~~009.9918

COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 10.~~446575~~438752% Weighted Average Net Coupon 9.~~946575~~938752% Weighted Average Pass-Through Rate 9.~~063339~~055300% Weighted Average Maturity(Stepdown Calculation ) ~~341~~340 Beginning Scheduled Collateral Loan Count 2,~~357~~313 Number Of Loans Paid In Full 4474 Ending Scheduled Collateral Loan Count 2,~~313~~239 Beginning Scheduled Collateral Balance ~~278~~273,~~896~~500,~~212~~210.3466 Ending Scheduled Collateral Balance ~~273~~263,~~500~~586,~~210~~628.6617 Ending Actual Collateral Balance at 3031-~~Sep~~Oct-2001 ~~273~~263,~~648~~732,~~790~~196.5195 Monthly P &I Constant 2,~~565~~515,~~453~~648.2234 Special Servicing Fee 0.00 Prepayment Penalties 0217,900.0027 Realized Loss Amount 0.00 Cumulative Realized Loss 23,~~709~~291.3174 Ending Scheduled Balance for Premium Loans ~~273~~263,~~500~~586,~~210~~628.6617 Scheduled Principal ~~137~~136,~~528~~480.1587 Unscheduled Principal 59,~~258~~777,~~473~~101.5362 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 0.01 Overcollateralized Amount 0.01 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount ~~417~~0.5700 Excess Cash Amount ~~983~~1,~~416~~014,792.8734

LIBOR Rate Used 2.~~66125~~4200%

Filing Compare · STRUCTURED ASSET SECURITIES CORP MORT PAS THR CE SE 2001-BC3