8-K 1 arc01001.txt DECEMBER 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): December 26, 2001 AMORTIZING RESIDENTIAL COLLATERAL TRUST Mortgage Pass-Through Certificates, Series 2001-BC1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-35026-09 Pooling and Servicing Agreement) (Commission (State or other File Number) 52-2289289 jurisdiction 52-2289288 of Incorporation) 52-2267490 IRS EIN 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 December 26, 2001 a distribution was made to holders of AMORTIZING RESIDENTIAL COLLATERAL TRUST, Mortgage Pass-Through Certificates, Series 2001- BC1 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-BC1 Trust, relating to the December 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-BC1 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield, Officer By: Beth Belfield, Officer Date: 12/27/01 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-BC1 Trust, relating to the December 26, 2001 distribution. EX-99.1

Amortizing Residential Collateral Mortgage Trust Mortgage Pass-Through Certificates Record Date: 911/30/01 Distribution Date: 1012/2526/01 ARC Series: 2001-BC1 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 A1 8635725N9 SEN 2.~~91125~~35000% ~~173~~160,~~466~~447,~~393~~768.3608 ~~420~~314,~~836~~210.7021 65,~~407~~513,~~551~~600.4560 AX 8635725P4 SEN_IO 6.00000% 0.00 26,923.99 0.00 M1 8635725Q2 SUB 32.~~21125~~65000% 6,536,000.00 1714,~~490~~433.6167 0.00 M2 8635725R0 SUB 3.~~66125~~10000% 4,357,000.00 1311,~~293~~255.3958 0.00 B 8635725S8 SUB 4.~~61125~~05000% 1,089,000.00 43,~~184~~675.7138 0.00 X ARC01001X RES 0.00000% 0.00 ~~963~~424,~~980~~764.7555 0.00 R1 ARC0101R1 RES 0.00000% 0.00 0.00 0.00 R2 ARC0101R2 RES 0.00000% 0.00 0.00 0.00 R3 ARC0101R3 RES 0.00000% 0.00 0.00 0.00 Totals ~~185~~172,~~448~~429,~~393~~768.3608 1795,~~446,710~~263.1538 65,~~407~~513,~~551~~600.4560

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 ~~167~~154,~~058~~934,~~841~~167.9148 65,~~828~~827,~~388~~810.1581 0.00 AX 0.00 0.00 26,923.99 0.00 M1 0.00 6,536,000.00 1714,~~490~~433.6167 0.00 M2 0.00 4,357,000.00 1311,~~293~~255.3958 0.00 B 0.00 1,089,000.00 43,~~184~~675.7138 0.00 X 0.00 0544,625.0083 ~~963~~424,~~980~~764.7555 0.00 R1 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 Totals 0.00 ~~179~~167,~~040~~460,~~841~~793.9131 76,~~854~~308,~~261~~863.6098 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) A1 205,868,000.00 ~~173~~160,~~466~~447,~~393~~768.3608 0.00 65,~~407~~513,~~551~~600.4560 0.00 0.00 AX 0.00 0.00 0.00 0.00 0.00 0.00 M1 6,536,000.00 6,536,000.00 0.00 0.00 0.00 0.00 M2 4,357,000.00 4,357,000.00 0.00 0.00 0.00 0.00 B 1,089,000.00 1,089,000.00 0.00 0.00 0.00 0.00 X 332.99 0.00 0.00 0.00 0.00 0.00 R1 0.00 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 0.00 0.00 Totals 217,850,332.99 ~~185~~172,~~448~~429,~~393~~768.3608 0.00 65,~~407~~513,~~551~~600.4560 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 A1 65,~~407~~513,~~551~~600.4560 ~~167~~154,~~058~~934,~~841~~167.9148 0.~~81148523~~75258985 65,~~407~~513,~~551~~600.4560 AX 0.00 0.00 0.00000000 0.00 M1 0.00 6,536,000.00 1.00000000 0.00 M2 0.00 4,357,000.00 1.00000000 0.00 B 0.00 1,089,000.00 1.00000000 0.00 X 0.00 0544,625.0083 01,635.~~00000000~~56211898 0.00 R1 0.00 0.00 0.00000000 0.00 R2 0.00 0.00 0.00000000 0.00 R3 0.00 0.00 0.00000000 0.00 Totals 65,~~407~~513,~~551~~600.4560 ~~179~~167,~~040~~460,~~841~~793.9131 0.~~82185251~~76869652 65,~~407~~513,~~551~~600.4560

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 205,868,000.00 ~~842~~779.~~60979540~~37206404 0.00000000 3126.~~12456258~~78221287 0.00000000 AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 6,536,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 4,357,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 1,089,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 332.99 0.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R3 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 A1 0.00000000 3126.~~12456258~~78221287 ~~811~~752.~~48523282~~58985117 0.~~81148523~~75258985 3126.~~12456258~~78221287 AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 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 01,635,562.~~00000000~~11898250 01635.~~00000000~~56211898 0.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 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 A1 205,868,000.00 2.~~91125~~35000% ~~173~~160,~~466~~447,~~393~~768.3608 ~~420~~314,~~836~~210.7021 0.00 0.00 AX 0.00 6.00000% 5,384,798.00 26,923.99 0.00 0.00 M1 6,536,000.00 32.~~21125~~65000% 6,536,000.00 1714,~~490~~433.6167 0.00 0.00 M2 4,357,000.00 3.~~66125~~10000% 4,357,000.00 1311,~~293~~255.3958 0.00 0.00 B 1,089,000.00 4.~~61125~~05000% 1,089,000.00 43,~~184~~675.7138 0.00 0.00 X 332.99 0.00000% 0.00 0.00 0.00 0.00 R1 0.00 0.00000% 0.00 0.00 0.00 0.00 R2 0.00 0.00000% 0.00 0.00 0.00 0.00 R3 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 217,850,332.99 ~~482~~370,~~729~~498.4083 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 A1 0.00 0.00 ~~420~~314,~~836~~210.7021 0.00 ~~167~~154,~~058~~934,~~841~~167.9148 AX 0.00 0.00 26,923.99 0.00 5,384,798.00 M1 0.00 0.00 1714,~~490~~433.6167 0.00 6,536,000.00 M2 0.00 0.00 1311,~~293~~255.3958 0.00 4,357,000.00 B 0.00 0.00 43,~~184~~675.7138 0.00 1,089,000.00 X 0.00 0.00 ~~963~~424,~~980~~764.7555 0.00 0544,625.0083 R1 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1795,~~446,710~~263.1538 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 A1 205,868,000.00 2.~~91125~~35000% ~~842~~779.~~60979540~~37206404 21.~~04420648~~52627028 0.00000000 0.00000000 AX 0.00 6.00000% 1251.23106237 6.25615531 0.00000000 0.00000000 M1 6,536,000.00 32.~~21125~~65000% 1000.00000000 2.~~67604192~~20833384 0.00000000 0.00000000 M2 4,357,000.00 3.~~66125~~10000% 1000.00000000 32.~~05104200~~58333257 0.00000000 0.00000000 B 1,089,000.00 4.~~61125~~05000% 1000.00000000 3.~~84270891~~37500459 0.00000000 0.00000000 X 332.99 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R3 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 A1 0.00000000 0.00000000 21.~~04420648~~52627028 0.00000000 ~~811~~752.~~48523282~~58985117 AX 0.00000000 0.00000000 6.25615531 0.00000000 1251.23106237 M1 0.00000000 0.00000000 2.~~67604192~~20833384 0.00000000 1000.00000000 M2 0.00000000 0.00000000 32.~~05104200~~58333257 0.00000000 1000.00000000 B 0.00000000 0.00000000 3.~~84270891~~37500459 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~2894924~~1275607.~~02174239~~52575152 0.00000000 01635562.~~00000000~~11898255 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 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 76,~~762~~226,~~204~~141.8970 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~125~~147,~~565~~370.5711 Realized Losses 0(7,070.0050) Prepayment Penalties ~~149~~112,~~246~~714.9989 Total Deposits 86,~~037~~479,~~017~~156.4520 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~182~~170,~~755~~292.8522 Payment of Interest and Principal 76,~~854~~308,~~261~~863.6098 Total Withdrawals (Pool Distribution Amount) 86,~~037~~479,~~017~~156.4520 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 7771,~~270~~845.0475 MGIC Insurance Premiums ~~101~~94,~~622~~854.4316 Mitigation Advisors Fee 2,~~318~~155.1037 ~~Special Servicing Fee 0.00~~ Trustee Fee - Wells Fargo Bank, N.A. 1,~~545~~436.2894 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~182~~170,~~755~~292.8522

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 32 0 0 0 32 3,~~794~~484,~~411~~068.3843 0.00 0.00 0.00 3,~~794~~484,~~411~~068.3843 60 Days 1916 0 0 0 1916 1,~~877~~781,~~648~~454.8072 0.00 0.00 0.00 1,~~877~~781,~~648~~454.8072 90 Days 1118 0 0 0 1118 1,~~229~~969,~~263~~741.5350 0.00 0.00 0.00 1,~~229~~969,~~263~~741.5350 120 Days 2214 0 0 0 2214 21,~~860~~454,~~050~~765.9924 0.00 0.00 0.00 21,~~860~~454,~~050~~765.9924 150 Days 109 0 0 0 109 1788,~~195,627~~597.6553 0.00 0.00 0.00 1788,~~195,627~~597.6553 180+ Days 1844 0 0 0 1844 25,~~322~~841,~~386~~096.7324 0.00 0.00 0.00 25,~~322~~841,~~386~~096.7324 Totals ~~112~~133 0 0 0 ~~112~~133 1315,~~279~~319,~~389~~723.0866 0.00 0.00 0.00 1315,~~279~~319,~~389~~723.0866 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 2.~~248770~~391629% 0.000000% 0.000000% 0.000000% 2.~~248770~~391629% 2.~~118110~~079098% 0.000000% 0.000000% 0.000000% 2.~~118110~~079098% 60 Days 1.~~335207~~195815% 0.000000% 0.000000% 0.000000% 1.~~335207~~195815% 1.~~048138~~063073% 0.000000% 0.000000% 0.000000% 1.~~048138~~063073% 90 Days 01.~~773015~~345291% 0.000000% 0.000000% 0.000000% 01.~~773015~~345291% 01.~~686197~~175432% 0.000000% 0.000000% 0.000000% 01.~~686197~~175432% 120 Days 1.~~546030~~046338% 0.000000% 0.000000% 0.000000% 1.~~546030~~046338% 10.~~596533~~868123% 0.000000% 0.000000% 0.000000% 10.~~596533~~868123% 150 Days 0.~~702741~~672646% 0.000000% 0.000000% 0.000000% 0.~~702741~~672646% 0.~~667421~~470591% 0.000000% 0.000000% 0.000000% 0.~~667421~~470591% 180+ Days 13.~~264933~~288490% 0.000000% 0.000000% 0.000000% 13.~~264933~~288490% 13.~~296399~~485641% 0.000000% 0.000000% 0.000000% 13.~~296399~~485641% Totals 79.~~870696~~940209% 0.000000% 0.000000% 0.000000% 79.~~870696~~940209% 79.~~412797~~141958% 0.000000% 0.000000% 0.000000% 79.~~412797~~141958%

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 23 0 0 0 23 97260,~~508~~777.3968 0.00 0.00 0.00 97260,~~508~~777.3968 60 Days 20 0 0 0 20 ~~87,888~~0.5200 0.00 0.00 0.00 ~~87,888~~0.5200 90 Days 21 0 0 0 21 ~~125~~49,~~600~~823.6524 0.00 0.00 0.00 ~~125~~49,~~600~~823.6524 120 Days 12 0 0 0 12 6594,~~214~~612.6974 0.00 0.00 0.00 6594,~~214~~612.6974 150 Days 02 0 0 0 02 0139,929.0077 0.00 0.00 0.00 0139,929.0077 180 Days 1 0 0 0 1 123,009.50 0.00 0.00 0.00 123,009.50 Totals 89 0 0 0 89 ~~499~~668,~~221~~152.7593 0.00 0.00 0.00 ~~499~~668,~~221~~152.7593 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 12.~~360544~~068966% 0.000000% 0.000000% 0.000000% 12.~~360544~~068966% 01.~~697540~~894797% 0.000000% 0.000000% 0.000000% 01.~~697540~~894797% 60 Days 10.~~360544~~000000% 0.000000% 0.000000% 0.000000% 10.~~360544~~000000% 0.~~628723~~000000% 0.000000% 0.000000% 0.000000% 0.~~628723~~000000% 90 Days 10.~~360544~~689655% 0.000000% 0.000000% 0.000000% 10.~~360544~~689655% 0.~~898502~~362013% 0.000000% 0.000000% 0.000000% 0.~~898502~~362013% 120 Days 01.~~680272~~379310% 0.000000% 0.000000% 0.000000% 01.~~680272~~379310% 0.~~466522~~687451% 0.000000% 0.000000% 0.000000% 0.~~466522~~687451% 150 Days 01.~~000000~~379310% 0.000000% 0.000000% 0.000000% 01.~~000000~~379310% 01.~~000000~~016723% 0.000000% 0.000000% 0.000000% 01.~~000000~~016723% 180 Days 0.~~680272~~689655% 0.000000% 0.000000% 0.000000% 0.~~680272~~689655% 0.~~879966~~893781% 0.000000% 0.000000% 0.000000% 0.~~879966~~893781% Totals 56.~~442177~~206897% 0.000000% 0.000000% 0.000000% 56.~~442177~~206897% 34.~~571253~~854765% 0.000000% 0.000000% 0.000000% 34.~~571253~~854765% 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 3029 0 0 0 3029 3,~~696~~223,~~902~~290.9975 0.00 0.00 0.00 3,~~696~~223,~~902~~290.9975 60 Days 1716 0 0 0 1716 1,~~789~~781,~~760~~454.2872 0.00 0.00 0.00 1,~~789~~781,~~760~~454.2872 90 Days 917 0 0 0 917 1,~~103~~919,~~662~~918.8826 0.00 0.00 0.00 1,~~103~~919,~~662~~918.8826 120 Days 2112 0 0 0 2112 21,~~794~~360,~~836~~152.3050 0.00 0.00 0.00 21,~~794~~360,~~836~~152.3050 150 Days 107 0 0 0 107 1648,~~195,627~~667.6576 0.00 0.00 0.00 1648,~~195,627~~667.6576 180 Days 1743 0 0 0 1743 25,~~199~~718,~~377~~086.2374 0.00 0.00 0.00 25,~~199~~718,~~377~~086.2374 Totals ~~104~~124 0 0 0 ~~104~~124 1214,~~780~~651,~~167~~570.3373 0.00 0.00 0.00 1214,~~780~~651,~~167~~570.3373 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.~~351097~~430847% 0.000000% 0.000000% 0.000000% 2.~~351097~~430847% 2.~~238343~~095589% 0.000000% 0.000000% 0.000000% 2.~~238343~~095589% 60 Days 1.~~332288~~341157% 0.000000% 0.000000% 0.000000% 1.~~332288~~341157% 1.~~083636~~158194% 0.000000% 0.000000% 0.000000% 1.~~083636~~158194% 90 Days 01.~~705329~~424979% 0.000000% 0.000000% 0.000000% 01.~~705329~~424979% 01.~~668228~~248215% 0.000000% 0.000000% 0.000000% 01.~~668228~~248215% 120 Days 1.~~645768~~005868% 0.000000% 0.000000% 0.000000% 1.~~645768~~005868% 10.~~692173~~884289% 0.000000% 0.000000% 0.000000% 10.~~692173~~884289% 150 Days 0.~~783699~~586756% 0.000000% 0.000000% 0.000000% 0.~~783699~~586756% 0.~~723910~~421725% 0.000000% 0.000000% 0.000000% 0.~~723910~~421725% 180 Days 13.~~332288~~604359% 0.000000% 0.000000% 0.000000% 13.~~332288~~604359% 13.~~331644~~717554% 0.000000% 0.000000% 0.000000% 13.~~331644~~717554% Totals 810.~~150470~~393965% 0.000000% 0.000000% 0.000000% 810.~~150470~~393965% 79.~~737934~~525566% 0.000000% 0.000000% 0.000000% 79.~~737934~~525566%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~125~~147,~~565~~370.5711

COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 10.~~545226~~559095% Weighted Average Net Coupon 10.~~045226~~059095% Weighted Average Pass-Through Rate 9.~~376376~~388971% Weighted Average Maturity(Stepdown Calculation ) ~~344~~342 Beginning Scheduled Collateral Loan Count 1,~~472~~376 Number Of Loans Paid In Full 4938 Ending Scheduled Collateral Loan Count 1,~~423~~338 Beginning Scheduled Collateral Balance ~~185~~172,~~448~~429,~~393~~768.3709 Ending Scheduled Collateral Balance ~~179~~167,~~040~~460,~~841~~793.9231 Ending Actual Collateral Balance at 30-~~Sep~~Nov-2001 ~~179~~167,~~141~~575,~~417~~957.0153 Monthly P &I Constant 1,~~717~~604,~~275~~308.5831 Special Servicing Fee 0.00 Prepayment Penalties ~~149~~112,~~246~~714.9989 Realized Loss Amount 07,070.0050 Cumulative Realized Loss 07,934.0078 Ending Scheduled Balance for Premium Loans ~~179~~167,~~040~~460,~~841~~793.9231 Scheduled Principal 87,~~612~~056.8841 Unscheduled Principal 64,~~319~~881,~~938~~918.5737 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 0544,625.0183 Overcollateralized Amount 0544,625.0183 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0544,625.0082 Excess Cash Amount ~~963~~969,~~980~~390.7537

Group Level Collateral Statement Group 1 2 Total Collateral Description Fixed 15 & 30 Year Mixed ARM Fixed & Mixed ARM Weighted Average Coupon Rate 1011.~~846264~~084117 10.~~520682~~512846 10.~~545226~~559095 Weighted Average Net Rate 10.~~346264~~584117 10.~~020682~~012845 10.~~045226~~059095 Weighted Average Maturity ~~351~~349 ~~350~~348 ~~344~~342 Beginning Loan Count 147 1,~~325~~229 1,~~472~~376 Loans Paid In Full 02 4936 4938 Ending Loan Count ~~147~~145 1,~~276~~193 1,~~423~~338 Beginning Scheduled Balance 13,~~979~~959,~~874~~669.7284 ~~171~~158,~~468~~470,~~518~~098.6525 ~~185~~172,~~448~~429,~~393~~768.3709 Ending ~~Scheduled~~scheduled Balance 13,~~970~~754,~~023~~527.0041 ~~165~~153,~~070~~706,~~818~~265.9290 ~~179~~167,~~040~~460,~~841~~793.9231 Record Date 0911/30/2001 0911/30/2001 0911/30/2001 Principal And Interest Constant ~~134~~137,~~999~~677.4606 1,~~582~~466,~~276~~631.1225 1,~~717~~604,~~275~~308.5831 Scheduled Principal 8,~~641~~734.6288 78,~~971~~321.2653 87,~~612~~056.8841 Unscheduled Principal 1196,~~210~~407.1055 64,~~318~~685,~~728~~510.4782 64,~~319~~881,~~938~~918.5737 Scheduled Interest ~~126~~128,~~357~~942.8418 1,~~503~~388,~~304~~309.8672 1,~~629~~517,~~662~~251.7090 Servicing Fees 5,~~824~~816.9453 7166,~~445~~029.22 7771,~~270~~845.1675 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 116.4935 1,~~428~~320.8959 1,~~545~~436.3894 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 7,~~597~~622.8652 9487,~~221~~231.0264 ~~101~~94,~~818~~854.8816 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 ~~112~~115,~~818~~386.5578 1,~~336~~233,~~209~~728.7327 1,~~449~~349,~~028~~115.2805 Realized Loss Amount 0.00 07,070.0050 07,070.0050 Cumulative Realized Loss 0.00 07,934.0078 07,934.0078 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 ~~149,246~~0.9900 ~~149,246~~0.9900 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 9.~~684082~~918869 9.~~351289~~342292 9.~~376376~~388971

Filing Compare · AMORTIZING RESI COLLATERAL TR MORT PAS THRU CER SER 2001-BC1