8-K 1 ml01wm1.txt JANUARY 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): January 25, 2002 Merrill Lynch Mortgage Investors Inc. Mortgage Pass-Through Certificates, Series 2001-WM1 New York (governing law of 333-39127-15 36-4473284 Pooling and Servicing Agreement) (Commission 36-4473282 (State or other File Number) jurisdiction c/o Wells Fargo Bank Minnesota, N.A. 11000 Broken Land Parkway 21044 Columbia, Maryland (Zip Code) (Address of principal executive offices) 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 January 25, 2002 a distribution was made to holders of Merrill Lynch Mortgage Investors Inc., Mortgage Pass-Through Certificates, Series 2001-WM1. 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-WM1, relating to the January 25, 2002 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. Merrill Lynch Mortgage Investors Inc. Mortgage Pass-Through Certificates, Series 2001-WM1 By: Wells Fargo Bank Minnesota, N.A., as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 02/07/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-WM1, relating to the January 25, 2002 distribution. Washington Mutual Mortgage Securities Corp. Consolidated Distribution Report to Certificate Holders Series: MLMI.01WM1 Pool Number: Group 1 - 1757 Distribution Date: 01/25/2002 Class PORTFOLIO A1 Ntl AIO M1 M2 CUSIP 55309GAA4 55309GAH9 55309GAB2 55309GAC0 Weighted Average Pass-Through Rate 6.98385% 6.00000% 1.00015% 7.00015% 7.00015% Original Principal Balance $234,525,040.76 $226,315,000.00 $226,315,000.00 $3,752,000.00 $1,642,000.00 Beginning Principal Balance $156,210,153.51 $148,030,934.25 $148,030,934.25 $3,737,912.04 $1,635,834.65 Principal Losses $0.00 $0.00 $0.00 $0.00 $0.00 Other Principal Adjustments $0.00 $0.00 $0.00 $0.00 $0.00 Principal Distributed $23,843,447.38 $23,837,113.03 $0.00 $2,895.32 $1,267.09 Principal Allocation Factor 0.1016669576 0.1053271459 0.0000000000 0.0007716728 0.0007716728 Scheduled Interest $911,248.29 $740,154.67 $123,378.04 $21,804.96 $9,542.58 Scheduled Interest Allocation Factor 0.0038855053 0.0032704623 0.0005451607 0.0058115578 0.0058115578 Interest Reimbursed $0.00 $0.00 $0.00 $0.00 $0.00 Interest Reimbursed Allocation Factor 0.0000000000 0.0000000000 0.0000000000 0.0000000000 0.0000000000 Interest Shortfall $14.96 $0.00 $0.00 $0.00 $0.00 Interest Shortfall Allocation Factor 0.0000000638 0.0000000000 0.0000000000 0.0000000000 0.0000000000 Interest Adjustment $0.00 $0.00 $0.00 $0.00 $0.00 Interest Adjustment Allocation Factor 0.0000000000 0.0000000000 0.0000000000 0.0000000000 0.0000000000 Net Interest Distributed $911,233.33 $740,154.67 $123,378.04 $21,804.96 $9,542.58 Distribution Allocation Factor 0.0038854415 0.0032704623 0.0005451607 0.0058115578 0.0058115578 Other Distribution $0.00 $0.00 $0.00 $0.00 $0.00 Other Distribution Allocation Factor $0.00 $0.00 $0.00 $0.00 $0.00 Ending Total Distribution $24,754,680.71 $24,577,267.70 $123,378.04 $24,700.28 $10,809.66 Deferred Interest $0.00 $0.00 $0.00 $0.00 $0.00 Ending Principal Balance $132,366,706.13 $124,193,821.22 $124,193,821.22 $3,735,016.72 $1,634,567.56 Principal Balance Trading Factor 0.5644032966 0.5487653104 0.5487653104 0.9954735394 0.9954735445

Class M3 B1 B2 B3 RI CUSIP 55309GAD8 55309GAE6 55309GAF3 55309GAG1 xxxxxxxxx Weighted Average Pass-Through Rate 7.00015% 7.00015% 7.00015% 7.00015% 0.00000% Original Principal Balance $1,173,000.00 $469,000.00 $586,000.00 $586,594.00 $0.00 Beginning Principal Balance $1,168,595.63 $467,238.99 $583,799.71 $584,391.47 $0.00 Principal Losses $0.00 $0.00 $0.00 $0.00 $0.00 Other Principal Adjustments $0.00 $0.00 $0.00 $0.00 $0.00 Principal Distributed $905.17 $361.91 $452.20 $452.66 $0.00 Principal Allocation Factor 0.0007716728 0.0007716728 0.0007716728 0.0007716728 0.0000000000 Scheduled Interest $6,816.96 $2,725.62 $3,405.57 $3,409.02 $10.85 Scheduled Interest Allocation Factor 0.0058115578 0.0058115576 0.0058115580 0.0058115579 0.0000000000 Interest Reimbursed $0.00 $0.00 $0.00 $0.00 $0.00 Interest Reimbursed Allocation Factor 0.0000000000 0.0000000000 0.0000000000 0.0000000000 0.0000000000 Interest Shortfall $0.00 $0.00 $0.00 $0.00 $0.00 Interest Shortfall Allocation Factor 0.0000000000 0.0000000000 0.0000000000 0.0000000000 0.0000000000 Interest Adjustment $0.00 $0.00 $0.00 $0.00 $0.00 Interest Adjustment Allocation Factor 0.0000000000 0.0000000000 0.0000000000 0.0000000000 0.0000000000 Net Interest Distributed $6,816.96 $2,725.62 $3,405.57 $3,409.02 $10.85 Distribution Allocation Factor 0.0058115578 0.0058115576 0.0058115580 0.0058115579 0.0000000000 Other Distribution $0.00 $0.00 $0.00 $0.00 $0.00 Other Distribution Allocation Factor $0.00 $0.00 $0.00 $0.00 $0.00 Ending Total Distribution $7,722.13 $3,087.54 $3,857.77 $3,861.68 $10.85 Deferred Interest $0.00 $0.00 $0.00 $0.00 $0.00 Ending Principal Balance $1,167,690.46 $466,877.08 $583,347.51 $583,938.81 $0.00 Principal Balance Trading Factor 0.9954735379 0.9954735181 0.9954735666 0.9954735473 0.000000000

Class RII SYN R_SYN CUSIP xxxxxxxxx xxxxxxxxx Weighted Average Pass-Through Rate 0.00000% 0.00000% Original Principal Balance $0.00 $0.00 Beginning Principal Balance $0.00 $0.00 Principal Losses $0.00 $0.00 Other Principal Adjustments $0.00 $0.00 Principal Distributed $0.00 $0.00 Principal Allocation Factor 0.0000000000 0.0000000000 Scheduled Interest $0.00 $0.00 Scheduled Interest Allocation Factor 0.0000000000 0.0000000000 Interest Reimbursed $0.00 $0.00 Interest Reimbursed Allocation Factor 0.0000000000 0.0000000000 Interest Shortfall $0.00 $14.96 Interest Shortfall Allocation Factor 0.0000000000 0.0000000000 Interest Adjustment $0.00 $0.00 Interest Adjustment Allocation Factor 0.0000000000 0.0000000000 Net Interest Distributed $0.00 ($14.96) Distribution Allocation Factor 0.0000000000 0.0000000000 Other Distribution $0.00 $0.00 Other Distribution Allocation Factor $0.00 $0.00 Ending Total Distribution $0.00 $(14.96) Deferred Interest $0.00 $0.00 Ending Principal Balance $0.00 $0.00 Principal Balance Trading Factor 0.0000000000 0.0000000000

WASHINGTON MUTUAL MORTGAGE SECURITIES CORP. MASTER SERVICING MORTGAGE PASS-THROUGH CERTIFICATES 01/2002 DISTRIBUTION REPORT SERIES: mlmi 2001-wm1 WEIGHTED AVERAGE PC RATE: 6.98385% POOL NUMBER 1757 ISSUE DATE 07/30/2001 CERTIFICATE BALANCE AT ISSUE: $234,525,040.76 TOTAL CERTIFICATE CERTIFICATE NUMBER OF ACCOUNT BALANCE MORTGAGES ACTIVITY OUTSTANDING (@PC RATE) BALANCES FROM LAST FISCAL MONTH-END: 368 $156,210,153.51 PRINCIPAL POOL COLLECTIONS(S): Scheduled Principal Collectioin Due Current Month $120,976.04 Unscheduled Principal Collection/Reversals $107,370.69 Liquidatins-in-full 55 $23,615,100.65 Net principal Distributed $23,843,447.38 ($23,843,447.38) CAPITAL LOSS (PRINCIPAL WRITTEN OFF): $0.00 BALANCE CURRENT FISCAL MONTH-END: 313 $132,366,706.13 SCHEDULED INTEREST AT MORTGAGE RATE: $965,237.71 UNSCHEDULED INTEREST AT MORTGAGE RATE: Unscheduled Interest Collection/Reversals $0.00 Interest Uncollected on Liquidation $0.00 Interest Uncollected on Non-Earning Assets $0.00 Net Unscheduled Interest Distributed $0.00 OTHER: Loan Conversion Fees $0.00 Expense Reimbursements $0.00 Gain on Liquidations $0.00 Hazard Insurance Premium Refunds $0.00 Net Other Distributions $0.00 SCHEDLED SERVICING FEE EXPENSES: $54,004.38 UNSCHEDULED SERVICING FEES: Unscheduled Service Fee Collections/Reversals $0.00 Servicing Fees Uncollected on Liquidation $0.00 Servicing Fees Uncollected/Non-Earning Assets $0.00 Net Unscheduled Service Fees Distributed $0.00 MISCELLANEOUS EXPENSES: $0.00 NET FUNDS DISTRIBUTED: $24,754,680.71

AGGREGATE LOSS AMOUNTS FROM INCEPTION OF POOL Loan Count of Aggregatge Loss Incurred Loss Amount ~~0 $0.00 *Aggregate Loss Amount and Count do not include this month's activity~~

SUMMARY OF DISTRIBUTIONS FOR CURRENT CYCLE Principal Scheduled Interest Net Interest Other Total Distribution Interest Due Adjustment Distribution Distribution ~~$23,843,447.38 $911,233.33 $0.00 $911,233.33 $0.00 $24,754,680.71~~

INSURANCE RESERVES Insurance Type Original Claims In Clams Coverage Coverage Balance Progress Paid Adjustments Remaining MPI $0.00 $0.00 $0.00 $0.00 $0.00 Special Hazard $0.00 $0.00 $0.00 $0.00 $0.00 Bankruptcy Bond Single-Units $0.00 $0.00 $0.00 $0.00 $0.00 Multi-Units $0.00 $0.00 $0.00 $0.00 $0.00 Mortgage Repurchase $0.00 $0.00 $0.00 $0.00 $0.00

DELINQUENT INSTALLMENTS ONE TWO THREE COUNT Principal Balance COUNT Principal Balance COUNT Principal Balance 2 $452,230.52 1 $359,745.62 0 $0.00 FOUR IN FORECLOSURE ACQUIRED COUNT Principal Balance COUNT Principal Blance COUNT Principal Balance ~~1 $332,742.85 0 $0.00 0 $0.00~~

The Class Principal Balances of each Class of the Class M1, M2, M3, B1, B2, B3 Certificates immediately after the principal and interest distribution on 01/25/2002 are as follows: Class Class Principal Balance M1 $3,735,016.72 M2 $1,634,567.56 M3 $1,167,690.46 B1 $466,877.08 B2 $583,347.51 B3 $583,938.81 Total $8,171,438.14 Capitalized items used but not defined herein have the meanings ascribed to them in the Prospectus Supplement.

MERRILL LYNCH INVESTORS INC MORT PASS THR CERT SER 2001-WM1 8-K