8-K 1 arc01bc5.txt DECEMBER 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): December 26, 2001 AMORTIZING RESIDENTIAL COLLATERAL TRUST Mortgage Pass-Through Certificates, Series 2001-BC5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-63602-02 Pooling and Servicing Agreement) (Commission (State or other File Number) 52-2344760 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 December 26, 2001 a distribution was made to holders of AMORTIZING RESIDENTIAL COLLATERAL TRUST, Mortgage Pass-Through Certificates, Series 2001-BC5 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-BC5 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-BC5 Trust By: Wells Fargo Bank Minnesota, NA, as Master Servicer By: /s/ Beth Belfield, Officer By: Beth Belfield, Officer Date: 1/7/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-BC5 Trust, relating to the December 26, 2001 distribution. EX-99.1

Amortizing Residential Collateral Mortgage Trust Mortgage Pass-Through Certificates Record Date: 1011/3130/01 Distribution Date: 1112/26/01 ARC Series: 2001-BC5 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 86358RHD2 SEQ 2.~~66500~~34500% ~~378~~375,~~969~~666,~~470~~951.0385 ~~897~~734,~~736~~115.5784 35,~~302~~215,~~518~~083.1889 A-2 86358RHF7 SEQ 2.~~66000~~34000% ~~154~~153,~~683~~703,~~009~~879.2418 ~~365~~299,~~739~~722.3856 ~~979~~1,~~130~~587,878.0695 A-IO 86358RHE0 IO 6.00000% 0.00 280,000.00 0.00 M-1 86358RHG5 SEQ 2.~~97000~~65000% 15,929,000.00 4235,~~052~~176.5654 0.00 M-2 86358RHH3 SEQ 3.~~37000~~05000% 10,137,000.00 3025,~~365~~764.9588 0.00 B 86358RHJ9 SEQ 43.~~17000~~85000% 2,896,000.00 109,~~734~~291.5133 0.00 X ARC01BC5X SEQ 0.00000% 0.00 2,~~227~~438,~~203~~183.1748 0.00 P ARC01BC5P SEQ 0.00000% 0.00 2933,~~429~~930.4811 0.00 D ARC01BC5D SEQ 0.00000% 0.00 0.00 0.00 R-1 ARC01B5R1 RES 0.00000% 0.00 0.00 0.00 R-2 ARC01B5R2 RES 0.00000% 0.00 0.00 0.00 R-3 ARC01B5R3 RES 0.00000% 0.00 0.00 0.00 Totals ~~562~~558,~~614~~332,~~479~~831.2703 3,~~883~~856,~~261~~184.6274 46,~~281~~802,~~648~~962.2484

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~375~~370,~~666~~451,~~951~~867.8596 45,~~200~~949,~~254~~199.7573 0.00 A-2 0.00 ~~153~~152,~~703~~116,~~879~~000.1823 1,~~344~~887,~~869~~601.4451 0.00 A-IO 0.00 0.00 280,000.00 0.00 M-1 0.00 15,929,000.00 4235,~~052~~176.5654 0.00 M-2 0.00 10,137,000.00 3025,~~365~~764.9588 0.00 B 0.00 2,896,000.00 109,~~734~~291.5133 0.00 X 0.00 0.00 2,~~227~~438,~~203~~183.1748 0.00 P 0.00 0.00 2933,~~429~~930.4811 0.00 D 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 Totals 0.00 ~~558~~551,~~332~~529,~~831~~868.0319 810,~~164~~659,~~909~~147.8658 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-1 388,549,000.00 ~~378~~375,~~969~~666,~~470~~951.0385 0.00 35,~~302~~215,~~518~~083.1889 0.00 0.00 A-2 161,733,000.00 ~~154~~153,~~683~~703,~~009~~879.2418 0.00 ~~979~~1,~~130~~587,878.0695 0.00 0.00 A-IO 0.00 0.00 0.00 0.00 0.00 0.00 M-1 15,929,000.00 15,929,000.00 0.00 0.00 0.00 0.00 M-2 10,137,000.00 10,137,000.00 0.00 0.00 0.00 0.00 B 2,896,000.00 2,896,000.00 0.00 0.00 0.00 0.00 X 273.02 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 D 0.00 0.00 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 0.00 Totals 579,244,273.02 ~~562~~558,~~614~~332,~~479~~831.2703 0.00 46,~~281~~802,~~648~~962.2484 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 35,~~302~~215,~~518~~083.1889 ~~375~~370,~~666~~451,~~951~~867.8596 0.~~96684576~~95342381 35,~~302~~215,~~518~~083.1889 A-2 ~~979~~1,~~130~~587,878.0695 ~~153~~152,~~703~~116,~~879~~000.1823 0.~~95035570~~94053780 ~~979~~1,~~130~~587,878.0695 A-IO 0.00 0.00 0.00000000 0.00 M-1 0.00 15,929,000.00 1.00000000 0.00 M-2 0.00 10,137,000.00 1.00000000 0.00 B 0.00 2,896,000.00 1.00000000 0.00 X 0.00 0.00 0.00000000 0.00 P 0.00 0.00 0.00000000 0.00 D 0.00 0.00 0.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 R-3 0.00 0.00 0.00000000 0.00 Totals 46,~~281~~802,~~648~~962.2484 ~~558~~551,~~332~~529,~~831~~868.0319 0.~~96389875~~95215420 46,~~281~~802,~~648~~962.2484

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 388,549,000.00 ~~975~~966.~~34537479~~84575652 0.00000000 813.~~49961827~~42194650 0.00000000 A-2 161,733,000.00 ~~956~~950.~~40969524~~35570465 0.00000000 69.~~05399059~~81790327 0.00000000 A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M-1 15,929,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 10,137,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 2,896,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 273.02 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 D 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-3 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 813.~~49961827~~42194650 ~~966~~953.~~84575652~~42381002 0.~~96684576~~95342381 813.~~49961827~~42194650 A-2 0.00000000 69.~~05399059~~81790327 ~~950~~940.~~35570465~~53780138 0.~~95035570~~94053780 69.~~05399059~~81790327 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 0.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 D 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 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-1 388,549,000.00 2.~~66500~~34500% ~~378~~375,~~969~~666,~~470~~951.0385 ~~897~~734,~~736~~115.5784 0.00 0.00 A-2 161,733,000.00 2.~~66000~~34000% ~~154~~153,~~683~~703,~~009~~879.2418 ~~365~~299,~~739~~722.3856 0.00 0.00 A-IO 0.00 6.00000% 56,000,000.00 280,000.00 0.00 0.00 M-1 15,929,000.00 2.~~97000~~65000% 15,929,000.00 4235,~~052~~176.5654 0.00 0.00 M-2 10,137,000.00 3.~~37000~~05000% 10,137,000.00 3025,~~365~~764.9588 0.00 0.00 B 2,896,000.00 43.~~17000~~85000% 2,896,000.00 109,~~734~~291.5133 0.00 0.00 X 273.02 0.00000% 0.00 ~~2,227,203~~0.1700 0.00 0.00 P 0.00 0.00000% 0.01 ~~29,429~~0.4800 0.00 0.00 D 0.00 0.00000% 0.00 0.00 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 R-2 0.00 0.00000% 0.00 0.00 0.00 0.00 R-3 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 579,244,273.02 31,~~883~~384,~~261~~071.6215 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 0.00 0.00 ~~897~~734,~~736~~115.5784 0.00 ~~375~~370,~~666~~451,~~951~~867.8596 A-2 0.00 0.00 ~~365~~299,~~739~~722.3856 0.00 ~~153~~152,~~703~~116,~~879~~000.1823 A-IO 0.00 0.00 280,000.00 0.00 56,000,000.00 M-1 0.00 0.00 4235,~~052~~176.5654 0.00 15,929,000.00 M-2 0.00 0.00 3025,~~365~~764.9588 0.00 10,137,000.00 B 0.00 0.00 109,~~734~~291.5133 0.00 2,896,000.00 X 0.00 0.00 2,~~227~~438,~~203~~183.1748 0.00 0.00 P 0.00 0.00 2933,~~429~~930.4811 0.00 0.01 D 0.00 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 3,~~883~~856,~~261~~184.6274 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-1 388,549,000.00 2.~~66500~~34500% ~~975~~966.~~34537479~~84575652 21.~~31048483~~88937776 0.00000000 0.00000000 A-2 161,733,000.00 2.~~66000~~34000% ~~956~~950.~~40969524~~35570465 21.~~26137758~~85319360 0.00000000 0.00000000 A-IO 0.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 M-1 15,929,000.00 2.~~97000~~65000% 1000.00000000 2.~~64000000~~20833323 0.00000000 0.00000000 M-2 10,137,000.00 3.~~37000~~05000% 1000.00000000 2.~~99555588~~54166716 0.00000000 0.00000000 B 2,896,000.00 43.~~17000~~85000% 1000.00000000 3.~~70666782~~20833218 0.00000000 0.00000000 X 273.02 0.00000% 0.00000000 ~~8157655~~0.~~7395062~~00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 D 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-3 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 0.00000000 21.~~31048483~~88937776 0.00000000 ~~966~~953.~~84575652~~42381002 A-2 0.00000000 0.00000000 21.~~26137758~~85319360 0.00000000 ~~950~~940.~~35570465~~53780138 A-IO 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 2.~~64000000~~20833323 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.~~99555588~~54166716 0.00000000 1000.00000000 B 0.00000000 0.00000000 3.~~70666782~~20833218 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~8157655~~8930420.~~73950626~~77503480 0.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 D 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 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 811,~~722~~207,~~663~~031.2802 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 2933,~~429~~930.4811 Total Deposits 811,~~752~~240,~~092~~961.7613 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~587~~581,~~182~~813.9055 Payment of Interest and Principal 810,~~164~~659,~~909~~147.8658 Total Withdrawals (Pool Distribution Amount) 811,~~752~~240,~~092~~961.7613 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~234~~232,~~422~~638.7468 Loss Mitigation Advisors Fee 76,~~032~~979.6816 Master Servicing Fee 1,~~637~~625.6514 MGIC Insurance Premiums ~~181~~179,~~820~~057.7722 PMI Insurance Premiums 50,~~322~~062.2630 Radian Insurance Premiums 111,~~946~~451.8005 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~587~~581,~~182~~813.9055

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 1011 01 0 1012 ~~943~~995,~~956~~974.7041 077,252.0005 0.00 ~~943~~1,~~956~~073,226.7046 30 Days ~~120~~94 20 24 0 ~~124~~98 1411,~~767~~749,~~093~~326.2963 ~~93,984~~0.1200 ~~854~~1,~~259~~174,533.2785 0.00 1512,~~715~~923,~~336~~860.6848 60 Days 4867 1 01 0 4969 58,~~563~~854,~~563~~476.4751 3841,~~363~~567.9535 0115,828.0059 0.00 59,~~601~~011,~~927~~872.4245 90 Days 1436 21 271 0 4338 13,~~827~~942,~~145~~650.6670 ~~152~~38,~~290~~363.5095 335,~~571,183~~923.2820 0.00 54,~~550~~016,~~619~~937.4485 120 Days 311 12 2021 0 2434 ~~265~~1,~~158~~335,738.4610 65152,~~182~~290.1450 12,~~990~~869,~~510~~216.6634 0.00 24,~~320~~357,~~851~~244.2694 150 Days 03 01 1621 0 1625 0265,158.0046 065,182.0014 12,~~857~~045,~~184~~433.1180 0.00 12,~~857~~375,~~184~~774.1140 180+ Days 0 0 115 0 115 0.00 0.00 ~~784~~2,~~378~~550,643.6224 0.00 ~~784~~2,~~378~~550,643.6224 Totals ~~185~~211 16 6664 0 ~~267~~291 2226,~~422~~147,~~960~~350.8840 1,293,~~777~~378.4135 98,~~057~~868,~~515~~831.9407 0.00 3236,~~774~~309,~~254~~559.2382 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.~~247525~~274931% 0.~~000000~~024994% 0.000000% 0.~~247525~~299925% 0.~~168969~~180476% 0.~~000000~~013998% 0.000000% 0.~~168969~~194474% 30 Days 2.~~970297~~349413% 0.~~049505~~000000% 0.~~049505~~099975% 0.000000% 32.~~069307~~449388% 2.~~643315~~129037% 0.~~016823~~000000% 0.~~152913~~212831% 0.000000% 2.~~813051~~341868% 60 Days 1.~~188119~~674581% 0.~~024752~~024994% 0.~~000000~~024994% 0.000000% 1.~~212871~~724569% 01.~~995880~~604475% 0.~~006867~~007532% 0.~~000000~~020989% 0.000000% 1.~~002747~~632996% 90 Days 0.~~346535~~899775% 0.~~049505~~024994% 0.~~668317~~024994% 0.000000% 10.~~064356~~949763% 0.~~327060~~714428% 0.~~027260~~006952% 0.~~639243~~006509% 0.000000% 0.~~993563~~727889% 120 Days 0.~~074257~~274931% 0.~~024752~~049988% 0.~~495050~~524869% 0.000000% 0.~~594059~~849788% 0.~~047463~~242042% 0.~~011668~~027596% 0.~~356302~~519916% 0.000000% 0.~~415433~~789555% 150 Days 0.~~000000~~074981% 0.~~000000~~024994% 0.~~396040~~524869% 0.000000% 0.~~396040~~624844% 0.~~000000~~048048% 0.~~000000~~011811% 0.~~332437~~370643% 0.000000% 0.~~332437~~430502% 180+ Days 0.000000% 0.000000% 0.~~024752~~374906% 0.000000% 0.~~024752~~374906% 0.000000% 0.000000% 0.~~140404~~462189% 0.000000% 0.~~140404~~462189% Totals 45.~~579208~~273682% 0.~~396040~~399900% 1.~~633663~~599600% 0.000000% 67.~~608911~~273182% 4.~~013719~~738031% 0.~~231587~~234367% 1.~~621299~~607077% 0.000000% 56.~~866604~~579474%

Delinquency Status By Groups

~~Delinquency Status By Groups~~ DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 Fixed 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 3 0 0 3 213,~~710~~565.2769 0.00 0.00 213,~~710~~565.2769 30 Days 13 10 0 0 1413 ~~911~~1,~~343~~037,917.6100 ~~41,567~~0.3500 0.00 0.00 ~~952~~1,~~910~~037,917.9600 60 Days 76 1 0 0 87 ~~729~~373,~~367~~627.4964 3841,~~363~~567.9535 0.00 0.00 ~~767~~415,~~731~~194.4499 90 Days 16 1 60 0 87 94641,~~368~~424.9802 9438,~~690~~363.5095 ~~752,429~~0.9600 0.00 ~~941~~679,~~489~~787.4497 120 Days 01 01 25 0 27 094,368.0098 094,690.0050 ~~102~~612,~~853~~559.0540 0.00 ~~102~~801,~~853~~618.0588 150 Days 0 0 02 0 02 0.00 0.00 0102,853.0005 0.00 0102,853.0005 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2126 6 87 0 3539 12,~~735~~147,~~080~~337.0864 388,~~332~~187.0749 ~~855~~715,~~283~~412.0145 0.00 23,~~978~~250,~~695~~937.1658 0-29 Days 0.~~476190~~477707% 0.000000% 0.000000% 0.~~476190~~477707% 0.~~360191~~361430% 0.000000% 0.000000% 0.~~360191~~361430% 30 Days 2.~~063492~~070064% 0.~~158730~~000000% 0.000000% 0.000000% 2.~~222222~~070064% 1.~~535995~~756530% 0.~~070058~~000000% 0.000000% 0.000000% 1.~~606053~~756530% 60 Days 10.~~111111~~955414% 0.~~158730~~159236% 0.000000% 0.000000% 1.~~269841~~114650% 10.~~229289~~632313% 0.~~064659~~070347% 0.000000% 0.000000% 10.~~293949~~702660% 90 Days 0.~~158730~~955414% 0.~~158730~~159236% 0.~~952381~~000000% 0.000000% 1.~~269841~~114650% 01.~~159051~~085521% 0.~~159593~~064926% 10.~~268159~~000000% 0.000000% 1.~~586803~~150446% 120 Days 0.~~000000~~159236% 0.~~000000~~159236% 0.~~317460~~796178% 0.000000% 01.~~317460~~114650% 0.~~000000~~159706% 0.~~000000~~160250% 01.~~173350~~036671% 0.000000% 01.~~173350~~356628% 150 Days 0.000000% 0.000000% 0.~~000000~~318471% 0.000000% 0.~~000000~~318471% 0.000000% 0.000000% 0.~~000000~~174064% 0.000000% 0.~~000000~~174064% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 34.~~333333~~140127% 0.~~952381~~955414% 1.~~269841~~114650% 0.000000% 56.~~555556~~210191% 23.~~924336~~634070% 0.~~654502~~656953% 1.~~441510~~210736% 0.000000% 5.~~020347~~501759% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 ARM 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 67 01 0 68 ~~542~~594,~~056~~219.06 77,252.05 0.00 671,471.11 30 Days 70 0 2 0 72 7,519,748.17 0.00 ~~542~~154,~~056~~422.7714 300.00 7,674,170.31 60 Days ~~100~~56 10 1 0 ~~102~~57 106,~~966~~504,~~130~~769.5051 ~~52,416~~0.7700 115,828.59 0.00 116,~~134~~620,~~375~~598.8610 6090 Days 3528 0 0 0 3528 32,~~608~~836,~~712~~316.6244 0.00 0.00 0.00 32,~~608~~836,~~712~~316.6244 90120 Days 87 1 1511 0 2419 ~~801~~713,~~893~~998.0413 57,600.00 1,~~517~~237,~~321~~425.7638 0.00 2,~~376~~009,~~814~~023.8051 ~~120~~150 Days 2 1 15 0 18 202,193.69 65,182.14 1,617,622.71 0.00 1,884,998.54 ~~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 ~~145~~163 9 3130 0 ~~185~~202 1517,~~578~~777,~~929~~025.8594 717,~~255~~001.6820 3,~~250~~202,~~773~~550.0687 0.00 1921,~~546~~696,~~958~~578.5901 0-29 Days 0.~~207039~~244328% 0.~~000000~~034904% 0.000000% 0.~~207039~~279232% 0.~~160848~~178964% 0.~~000000~~023266% 0.000000% 0.~~160848~~202231% 30 Days 32.~~450656~~443281% 0.~~034507~~000000% 0.~~034507~~069808% 0.000000% 32.~~519669~~513089% 32.~~254047~~264767% 0.~~015554~~000000% 0.~~034371~~046508% 0.000000% 32.~~303971~~311275% 60 Days 1.~~207729~~954625% 0.000000% 0.~~000000~~034904% 0.000000% 1.~~207729~~989529% 1.~~070835~~959079% 0.000000% 0.~~000000~~034885% 0.000000% 1.~~070835~~993964% 90 Days 0.~~276052~~977312% 0.~~034507~~000000% 0.~~517598~~000000% 0.000000% 0.~~828157~~977312% 0.~~237951~~854230% 0.~~017092~~000000% 0.~~450244~~000000% 0.000000% 0.~~705287~~854230% 120 Days 0.~~069013~~244328% 0.~~034507~~034904% 0.~~517598~~383944% 0.000000% 0.~~621118~~663176% 0.~~059998~~215039% 0.~~019342~~017348% 0.~~480007~~372683% 0.000000% 0.~~559347~~605069% 150 Days 0.~~000000~~069808% 0.~~000000~~034904% 0.~~000000~~523560% 0.000000% 0.~~000000~~628272% 0.~~000000~~060896% 0.~~000000~~019631% 0.~~000000~~487189% 0.000000% 0.~~000000~~567716% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 5.~~003451~~689354% 0.~~310559~~314136% 1.~~069703~~047120% 0.000000% 67.~~383713~~050611% 45.~~622831~~354011% 0.~~212836~~215943% 0.~~964622~~964531% 0.000000% 56.~~800288~~534485% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 Fixed 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 12 0 1 0 23 4794,~~852~~939.6920 0.00 738,~~430~~157.6820 0.00 ~~786~~833,~~283~~096.3740 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 1 0 2 0 3 69,858.21 0.00 372,278.15 0.00 442,136.36 ~~120~~150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 ~~150~~180 Days 0 0 6 0 6 0.00 0.00 373,873.93 0.00 373,873.93 ~~180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00~~ Totals 23 0 9 0 1112 ~~117~~164,~~710~~797.9041 0.00 1,484,~~582~~309.7628 0.00 1,~~602~~649,~~293~~106.6669 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~961538~~923077% 0.000000% 0.961538% 0.000000% 12.~~923077~~884615% 0.~~158695~~315123% 0.000000% 2.~~448872~~450098% 0.000000% 2.~~607567~~765221% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.~~961538~~000000% 0.000000% 10.~~923077~~000000% 0.000000% 20.~~884615~~000000% 0.~~231672~~000000% 0.000000% 10.~~234593~~000000% 0.000000% 10.~~466265~~000000% 120 Days 0.~~000000~~961538% 0.000000% 01.~~000000~~923077% 0.000000% 02.~~000000~~884615% 0.~~000000~~231874% 0.000000% 01.~~000000~~235669% 0.000000% 01.~~000000~~467543% 150 Days 0.000000% 0.000000% 50.~~769231~~000000% 0.000000% 50.~~769231~~000000% 0.000000% 0.000000% 10.~~239885~~000000% 0.000000% 10.~~239885~~000000% 180 Days 0.000000% 0.000000% 05.~~000000~~769231% 0.000000% 05.~~000000~~769231% 0.000000% 0.000000% 01.~~000000~~240966% 0.000000% 01.~~000000~~240966% Totals 12.~~923077~~884615% 0.000000% 8.653846% 0.000000% 1011.~~576923~~538462% 0.~~390367~~546997% 0.000000% 4.~~923350~~926733% 0.000000% 5.~~313717~~473730% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 ARM 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 1 0 0 1 188,189.66 0.00 0.00 188,189.66 30 Days 69 0 01 0 610 23,~~841~~096,~~766~~722.4926 0.00 0281,954.0051 0.00 23,~~841~~378,~~766~~676.4977 60 Days 65 0 0 0 65 1,~~225~~976,~~483~~079.36 0.00 0.00 0.00 1,~~225~~976,~~483~~079.36 90 Days 42 0 41 0 83 ~~861~~464,~~025~~910.4324 0.00 ~~929~~35,~~153~~923.4120 0.00 1500,~~790,178~~833.8444 120 Days 12 0 3 0 45 62457,~~964~~512.7778 0.00 ~~270~~646,~~034~~953.9041 0.00 ~~332~~1,~~999~~104,466.6719 150 Days 01 0 104 0 105 062,964.0077 0.00 1324,~~483,310~~958.1804 0.00 1387,~~483,310~~922.1881 180 Days 0 0 19 0 19 0.00 0.00 ~~784~~2,~~378~~176,769.6231 0.00 ~~784~~2,~~378~~176,769.6231 Totals 1719 1 18 0 3638 46,~~991~~058,~~240~~189.0541 188,189.66 3,466,~~877~~558.1147 0.00 89,~~646~~712,~~306~~937.8254 0-29 Days 0.~~245098~~247525% 0.000000% 0.000000% 0.~~245098~~247525% 0.~~142383~~144082% 0.000000% 0.000000% 0.~~142383~~144082% 30 Days 12.~~470588~~227723% 0.000000% 0.~~000000~~247525% 0.000000% 12.~~470588~~475248% 2.~~150054~~370924% 0.000000% 0.~~000000~~215871% 0.000000% 2.~~150054~~586795% 60 Days 1.~~470588~~237624% 0.000000% 0.000000% 0.000000% 1.~~470588~~237624% 01.~~927189~~512933% 0.000000% 0.000000% 0.000000% 01.~~927189~~512933% 90 Days 0.~~980392~~495050% 0.000000% 0.~~980392~~247525% 0.000000% 10.~~960784~~742574% 0.~~651444~~355946% 0.000000% 0.~~702989~~027504% 0.000000% 10.~~354433~~383450% 120 Days 0.~~245098~~495050% 0.000000% 0.~~735294~~742574% 0.000000% 01.~~980392~~237624% 0.~~047639~~350283% 0.000000% 0.~~204306~~495323% 0.000000% 0.~~251944~~845605% 150 Days 0.~~000000~~247525% 0.000000% 20.~~450980~~990099% 0.000000% 21.~~450980~~237624% 0.~~000000~~048207% 0.000000% 10.~~122259~~248796% 0.000000% 10.~~122259~~297003% 180 Days 0.000000% 0.000000% 02.~~245098~~227723% 0.000000% 02.~~245098~~227723% 0.000000% 0.000000% 01.~~593454~~666586% 0.000000% 01.~~593454~~666586% Totals 4.~~166667~~702970% 0.~~245098~~247525% 4.~~411765~~455446% 0.000000% 89.~~823529~~405941% 34.~~776326~~638293% 0.~~142383~~144082% 2.~~623007~~654079% 0.000000% 67.~~541715~~436454%

COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 9.~~522347~~516197% Weighted Average Net Coupon 9.~~022347~~016198% Weighted Average Pass-Through Rate 8.~~284938~~280724% Weighted Average Maturity(Stepdown Calculation ) ~~339~~338 Beginning Scheduled Collateral Loan Count 4,~~071~~040 Number Of Loans Paid In Full 3139 Ending Scheduled Collateral Loan Count 4,~~040~~001 Beginning Scheduled Collateral Balance ~~562~~558,~~614~~332,~~479~~831.2703 Ending Scheduled Collateral Balance ~~558~~551,~~332~~529,~~831~~868.0319 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2001 ~~558~~551,~~658~~861,~~007~~135.1976 Monthly P &I Constant 4,~~774~~738,~~794~~892.5610 Special Servicing Fee 0.00 Prepayment Penalties 2933,~~429~~930.4811 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~558~~551,~~332~~529,~~831~~868.0319 Scheduled Principal ~~310~~311,~~286~~411.1001 Unscheduled Principal 36,~~971~~491,~~362~~551.1483 Extra principal distribution Amount 0.00 Excess Cash Amount 2,~~250~~461,~~693~~593.3409

Group Level Collateral Statement Group Group 1 Fixed Group 1 ARM Group 2 Fixed Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 9.~~691540~~687628 9.~~717314~~711468 8.~~448989~~437954 Weighted Average Net Rate 9.~~191540~~186763 9.~~217314~~211469 7.~~948989~~937956 Weighted Average Maturity ~~339~~338 ~~339~~338 ~~339~~338 Beginning Loan Count ~~637~~630 2,~~919~~898 ~~105~~104 Loans Paid In Full 72 2133 10 Ending Loan Count ~~630~~628 2,~~898~~865 104 Beginning Scheduled Balance 59,~~951~~298,~~050~~425.6449 ~~339~~336,~~467~~818,~~987~~094.9188 30,~~222~~130,~~523~~554.8028 Ending scheduled Balance 59,~~298~~054,~~425~~434.4998 ~~336~~331,~~818~~847,~~094~~001.8850 30,~~130~~103,~~554~~314.2862 Record Date 1011/3130/2001 1011/3130/2001 1011/3130/2001 Principal And Interest Constant ~~521~~516,~~948~~368.3222 2,~~923~~901,~~739~~336.5873 ~~235~~234,~~205~~344.4558 Scheduled Principal 37,~~766~~883.6346 ~~174~~175,~~808~~504.7697 22,~~413~~477.9871 Unscheduled Principal ~~614~~206,~~858~~107.5205 24,~~475~~795,~~084~~588.2741 694,~~555~~761.5495 Scheduled Interest ~~484~~478,~~181~~484.6976 2,~~748~~725,~~930~~831.8276 ~~212~~211,~~791~~866.4787 Servicing Fees 24,~~979~~707.6168 ~~141~~140,~~445~~340.0188 12,~~592~~554.7237 Master Servicing Fees ~~174~~172.8899 ~~986~~979.7701 8887.1689 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 3332,~~009~~508.3165 ~~217~~215,~~365~~309.9196 14,~~925~~913.4967 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 ~~426~~421,~~017~~095.8944 2,~~389~~369,~~133~~201.1391 ~~185~~184,~~185~~310.1094 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 8.~~527315~~525391 8.~~445450~~440884 7.~~352864~~340493

Group Level Collateral Statement Group Group 2 ARM Total Collateral Description Mixed ARM Fixed & Mixed ARM Weighted Average Coupon Rate 9.~~192288~~187647 9.~~522347~~516197 Weighted Average Net Rate 8.~~692288~~687647 9.~~022347~~016198 Weighted Average Maturity ~~339~~338 ~~339~~338 Beginning Loan Count ~~410~~408 4,~~071~~040 Loans Paid In Full 24 3139 Ending Loan Count ~~408~~404 4,~~040~~001 Beginning Scheduled Balance 132,~~972~~085,~~916~~756.9238 ~~562~~558,~~614~~332,~~479~~831.2703 Ending scheduled Balance ~~132~~130,~~085~~525,~~756~~117.3809 ~~558~~551,~~332~~529,~~831~~868.0319 Record Date 1011/3130/2001 1011/3130/2001 Principal And Interest Constant 1,~~093~~086,~~901~~842.2157 4,~~774~~738,~~794~~892.5610 Scheduled Principal 75,~~296~~544.7387 ~~310~~311,~~286~~411.1001 Unscheduled Principal ~~811~~1,~~863~~485,094.8142 36,~~971~~491,~~362~~551.1483 Scheduled Interest 1,~~018~~011,~~604~~297.4870 4,~~464~~427,~~508~~481.4609 Servicing Fees 55,~~405~~035.4075 ~~234~~232,~~422~~638.7468 Master Servicing Fees ~~387~~385.8425 1,~~637~~625.6514 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 7877,~~792~~841.4763 ~~344~~340,~~093~~573.1891 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest ~~884~~878,~~018~~035.7707 3,~~884~~852,~~354~~643.8936 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 7.~~977734~~976956 8.~~284938~~280724

Filing Compare · STRUCTURED ASSET SECURITIES CORP MOR PAS THR CER SE 2001-BC5