8-K 1 wfm02005.txt MAY 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): May 28, 2002 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2002-5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-74308-06 Pooling and Servicing Agreement) (Commission 74-3040749 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (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 May 28, 2002 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2002-5 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 2002-5 Trust, relating to the May 28, 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2002-5 Trust By: Wells Fargo Bank Minnesota, NA, as Master Servicer By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 6/4/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-5 Trust, relating to the May 28, 2002 distribution. EX-99.1

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 24/2830/02 Distribution Date: 35/2528/02 WFMBS Series: 2002-5 Contact: Customer Service - ~~CTSLink~~SecuritiesLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) ~~815~~846-~~6600~~8130 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution I-AP 94978DAB8 PO 0.00000% 1,~~172~~164,~~977~~068.4219 0.00 4,~~453~~377.4318 I-A-1 94978DAA0 SEQ 6.00000% ~~285~~281,~~361~~219,~~000~~242.0082 1,~~424~~405,~~858~~827.1039 21,~~982~~545,~~211~~450.1125 I-AR 94978DAC6 RES 6.00000% ~~100~~0.00 0.5000 ~~100~~0.00 II-A-1 94978DAD4 SEQ 6.25000% ~~108~~104,~~905~~577,~~000~~158.0045 ~~566~~544,~~470~~572.5373 2847,~~765,472~~300.7496 B-1 94978DAE2 SUB 6.~~06886~~06887% 2,~~402~~385,~~000~~789.0056 12,~~131~~063.4560 8,~~043~~233.8266 B-2 94978DAF9 SUB 6.~~06886~~06887% 1994,~~001,000~~244.0052 5,~~055~~027.6134 3,~~352~~431.1526 B-3 94978DAG7 SUB 6.~~06886~~06887% ~~601~~596,~~000~~944.0002 3,~~035~~018.3941 2,~~012~~060.6313 B-4 94978DAH5 SUB 6.~~06886~~06887% ~~401~~398,~~000~~293.0076 2,~~025~~013.2895 1,~~342~~374.8756 B-5 94978DAJ1 SUB 6.~~06886~~06887% ~~200~~198,~~000~~650.0025 1,~~010~~004.1146 ~~669~~685.7657 B-6 94978DAK8 SUB 6.~~06886~~06887% ~~401~~398,~~141~~433.1596 2,~~025~~014.9966 1,~~335~~373.3493 Totals ~~400~~391,~~445~~932,~~218~~825.5753 21,~~016~~975,~~612~~542.9654 52,~~768~~414,~~993~~287.8550

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-AP 0.00 1,~~168~~159,~~523~~691.9901 4,~~453~~377.4318 0.00 I-A-1 0.00 ~~282~~279,~~378~~673,~~788~~792.8958 42,~~407~~951,~~069~~277.2164 0.00 I-AR 0.00 0.00 ~~100~~0.5000 0.00 II-A-1 0.00 ~~106~~103,~~139~~729,~~527~~857.2648 31,~~331~~391,~~943~~873.2769 0.00 B-1 0.00 2,~~393~~377,~~956~~555.1889 20,~~175~~297.2726 0.00 B-2 0.00 ~~997~~990,~~647~~813.8526 8,~~407~~458.7660 0.00 B-3 0.00 ~~598~~594,~~987~~883.3789 5,~~048~~078.0254 0.00 B-4 0.00 ~~399~~396,~~657~~919.1320 3,~~368~~388.1551 0.00 B-5 0.00 ~~199~~197,~~330~~964.2469 1,~~679~~690.8703 0.00 B-6 81.0011 ~~399~~397,~~797~~058.8191 3,~~361~~388.3359 811.0006 Totals 81.0011 ~~394~~389,~~676~~518,~~216~~536.7291 74,~~785~~389,~~606~~830.8104 811.0006 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) I-AP 1,172,977.42 1,~~172~~164,~~977~~068.4219 4,~~099~~143.7001 ~~353~~234.7316 0.00 0.00 I-A-1 285,361,000.00 ~~285~~281,~~361~~219,~~000~~242.0082 ~~962~~974,~~954~~121.4821 2571,~~019,256~~329.6404 0.00 0.00 I-AR 100.00 ~~100~~0.00 320.2900 670.7100 0.00 0.00 II-A-1 108,905,000.00 ~~108~~104,~~905~~577,~~000~~158.0045 357,~~303~~390.5947 2489,~~408,169~~910.1549 0.00 0.00 B-1 2,402,000.00 2,~~402~~385,~~000~~789.0056 8,~~043~~233.8266 0.00 0.00 0.00 B-2 1,001,000.00 1994,~~001,000~~244.0052 3,~~352~~431.1526 0.00 0.00 0.00 B-3 601,000.00 ~~601~~596,~~000~~944.0002 2,~~012~~060.6313 0.00 0.00 0.00 B-4 401,000.00 ~~401~~398,~~000~~293.0076 1,~~342~~374.8756 0.00 0.00 0.00 B-5 200,000.00 ~~200~~198,~~000~~650.0025 ~~669~~685.7657 0.00 0.00 0.00 B-6 401,141.15 ~~401~~398,~~141~~433.1596 1,~~335~~373.3493 0.00 0.00 81.0011 Totals 400,445,218.57 ~~400~~391,~~445~~932,~~218~~825.5753 1,~~341~~352,~~146~~813.6380 41,~~427~~061,~~847~~473.2369 0.00 81.0011 (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 I-AP 4,~~453~~377.4318 1,~~168~~159,~~523~~691.9901 0.~~99620331~~98867292 4,~~453~~377.4318 I-A-1 21,~~982~~545,~~211~~450.1125 ~~282~~279,~~378~~673,~~788~~792.8958 0.~~98954934~~98007013 21,~~982~~545,~~211~~450.1125 I-AR ~~100~~0.00 0.00 0.00000000 ~~100~~0.00 II-A-1 2847,~~765,472~~300.7496 ~~106~~103,~~139~~729,~~527~~857.2648 0.~~97460656~~95248021 2847,~~765,472~~300.7496 B-1 8,~~043~~233.8266 2,~~393~~377,~~956~~555.1889 0.~~99665120~~98982343 8,~~043~~233.8266 B-2 3,~~352~~431.1526 ~~997~~990,~~647~~813.8526 0.~~99665120~~98982344 3,~~352~~431.1526 B-3 2,~~012~~060.6313 ~~598~~594,~~987~~883.3789 0.~~99665120~~98982344 2,~~012~~060.6313 B-4 1,~~342~~374.8756 ~~399~~396,~~657~~919.1320 0.~~99665120~~98982344 1,~~342~~374.8756 B-5 ~~669~~685.7657 ~~199~~197,~~330~~964.2469 0.~~99665120~~98982345 ~~669~~685.7657 B-6 1,~~343~~375.3404 ~~399~~397,~~797~~058.8191 0.~~99665120~~98982343 1,~~335~~373.3493 Totals 52,~~769~~414,~~001~~288.8561 ~~394~~389,~~676~~518,~~216~~536.7291 0.~~98559353~~97271367 52,~~768~~414,~~993~~287.8550

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-AP 1,172,977.42 ~~1000~~992.~~00000000~~40460230 3.~~49512269~~53204583 0.~~30156591~~19962874 0.00000000 I-A-1 285,361,000.00 ~~1000~~985.~~00000000~~48590319 3.~~37451327~~41364521 72.~~07614790~~00212727 0.00000000 I-AR 100.00 ~~1000~~0.00000000 ~~322~~0.~~90000000~~00000000 ~~677~~0.~~10000000~~00000000 0.00000000 II-A-1 108,905,000.00 ~~1000~~960.~~00000000~~26039622 3.~~28087406~~28167182 224.~~11256738~~49851237 0.00000000 B-1 2,402,000.00 ~~1000~~993.~~00000000~~25127394 3.~~34880100~~42783514 0.00000000 0.00000000 B-2 1,001,000.00 ~~1000~~993.~~00000000~~25126873 3.~~34880120~~42783217 0.00000000 0.00000000 B-3 601,000.00 ~~1000~~993.~~00000000~~25128120 3.~~34880200~~42783694 0.00000000 0.00000000 B-4 401,000.00 ~~1000~~993.~~00000000~~25127182 3.~~34880299~~42783042 0.00000000 0.00000000 B-5 200,000.00 ~~1000~~993.~~00000000~~25125000 3.~~34880000~~42785000 0.00000000 0.00000000 B-6 401,141.15 ~~1000~~993.~~00000000~~25127826 3.~~32885320~~42505375 0.00000000 0.00000000 (2) Per $1000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-AP 0.00000000 3.~~79668860~~73168309 ~~996~~988.~~20331140~~67291921 0.~~99620331~~98867292 3.~~79668860~~73168309 I-A-1 0.00000000 105.~~45066113~~41577248 ~~989~~980.~~54933887~~07013075 0.~~98954934~~98007013 105.~~45066113~~41577248 I-AR 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 II-A-1 0.00000000 257.~~39344144~~78018420 ~~974~~952.~~60655856~~48021193 0.~~97460656~~95248021 257.~~39344144~~78018420 B-1 0.00000000 3.~~34880100~~42783514 ~~996~~989.~~65119900~~82343464 0.~~99665120~~98982343 3.~~34880100~~42783514 B-2 0.00000000 3.~~34880120~~42783217 ~~996~~989.~~65119880~~82343656 0.~~99665120~~98982344 3.~~34880120~~42783217 B-3 0.00000000 3.~~34880200~~42783694 ~~996~~989.~~65119800~~82344426 0.~~99665120~~98982344 3.~~34880200~~42783694 B-4 0.00000000 3.~~34880299~~42783042 ~~996~~989.~~65119701~~82344140 0.~~99665120~~98982344 3.~~34880299~~42783042 B-5 0.00000000 3.~~34880000~~42785000 ~~996~~989.~~65120000~~82345000 0.~~99665120~~98982345 3.~~34880000~~42785000 B-6 0.~~01994310~~00276711 3.~~34879630~~42782086 ~~996~~989.~~65120370~~82343248 0.~~99665120~~98982343 3.~~32885320~~42505375 (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 I-AP 1,172,977.42 0.00000% 1,~~172~~164,~~977~~068.4219 0.00 0.00 0.00 I-A-1 285,361,000.00 6.00000% ~~285~~281,~~361~~219,~~000~~242.0082 1,~~426~~406,~~805~~096.0021 0.00 0.00 I-AR 100.00 6.00000% ~~100~~0.00 0.5000 0.00 0.00 II-A-1 108,905,000.00 6.25000% ~~108~~104,~~905~~577,~~000~~158.0045 ~~567~~544,~~213~~672.5470 0.00 0.00 B-1 2,402,000.00 6.~~06886~~06887% 2,~~402~~385,~~000~~789.0056 12,~~147~~065.8488 0.00 0.00 B-2 1,001,000.00 6.~~06886~~06887% 1994,~~001,000~~244.0052 5,~~062~~028.4429 0.00 0.00 B-3 601,000.00 6.~~06886~~06887% ~~601~~596,~~000~~944.0002 3,~~039~~018.4998 0.00 0.00 B-4 401,000.00 6.~~06886~~06887% ~~401~~398,~~000~~293.0076 2,~~028~~014.0133 0.00 0.00 B-5 200,000.00 6.~~06886~~06887% ~~200~~198,~~000~~650.0025 1,~~011~~004.4865 0.00 0.00 B-6 401,141.15 6.~~06886~~06887% ~~401~~398,~~141~~433.1596 2,~~028~~015.7304 0.00 0.00 Totals 400,445,218.57 21,~~019~~975,~~337~~916.0308 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 I-AP 0.00 0.00 0.00 0.00 1,~~168~~159,~~523~~691.9901 I-A-1 ~~1,946~~268.9082 0.00 1,~~424~~405,~~858~~827.1039 0.00 ~~282~~279,~~378~~673,~~788~~792.8958 I-AR 0.00 0.00 0.5000 0.00 0.00 II-A-1 ~~743~~99.0197 0.00 ~~566~~544,~~470~~572.5373 0.00 ~~106~~103,~~139~~729,~~527~~857.2648 B-1 162.3928 0.00 12,~~131~~063.4560 0.00 2,~~393~~377,~~956~~555.1889 B-2 60.8395 0.00 5,~~055~~027.6134 0.00 ~~997~~990,~~647~~813.8526 B-3 40.1057 0.00 3,~~035~~018.3941 0.00 ~~598~~594,~~987~~883.3789 B-4 20.7438 0.00 2,~~025~~013.2895 0.00 ~~399~~396,~~657~~919.1320 B-5 10.3619 0.00 1,~~010~~004.1146 0.00 ~~199~~197,~~330~~964.2469 B-6 20.7438 0.00 2,~~025~~014.9966 0.00 ~~399~~397,~~797~~058.8191 Totals ~~2,724~~373.0754 0.00 21,~~016~~975,~~612~~542.9654 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 I-AP 1,172,977.42 0.00000% ~~1000~~992.~~00000000~~40460230 0.00000000 0.00000000 0.00000000 I-A-1 285,361,000.00 6.00000% ~~1000~~985.~~00000000~~48590319 54.~~00000000~~92742950 0.00000000 0.00000000 I-AR 100.00 6.00000% ~~1000~~0.00000000 50.00000000 0.00000000 0.00000000 II-A-1 108,905,000.00 6.25000% ~~1000~~960.~~00000000~~26039622 5.~~20833332~~00135623 0.00000000 0.00000000 B-1 2,402,000.00 6.~~06886~~06887% ~~1000~~993.~~00000000~~25127394 5.~~05738551~~02326395 0.00000000 0.00000000 B-2 1,001,000.00 6.~~06886~~06887% ~~1000~~993.~~00000000~~25126873 5.~~05738262~~02326673 0.00000000 0.00000000 B-3 601,000.00 6.~~06886~~06887% ~~1000~~993.~~00000000~~25128120 5.~~05738769~~02326123 0.00000000 0.00000000 B-4 401,000.00 6.~~06886~~06887% ~~1000~~993.~~00000000~~25127182 5.~~05738155~~02326683 0.00000000 0.00000000 B-5 200,000.00 6.~~06886~~06887% ~~1000~~993.~~00000000~~25125000 5.~~05740000~~02325000 0.00000000 0.00000000 B-6 401,141.15 6.~~06886~~06887% ~~1000~~993.~~00000000~~25127826 5.~~05739688~~02326924 0.00000000 0.00000000 (5) All classes are per $1000 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 I-AP 0.00000000 0.00000000 0.00000000 0.00000000 ~~996~~988.~~20331140~~67291921 I-A-1 0.~~00682259~~00094203 0.00000000 4.~~99317741~~92648747 0.00000000 ~~989~~980.~~54933887~~07013075 I-AR 0.00000000 0.00000000 50.00000000 0.00000000 0.00000000 II-A-1 0.~~00682255~~00091796 0.00000000 5.~~20151077~~00043827 0.00000000 ~~974~~952.~~60655856~~48021193 B-1 0.~~00682348~~00094921 0.00000000 5.~~05056203~~02231474 0.00000000 ~~996~~989.~~65119900~~82343464 B-2 0.~~00682318~~00094905 0.00000000 5.~~05055944~~02231768 0.00000000 ~~996~~989.~~65119880~~82343656 B-3 0.~~00682196~~00094842 0.00000000 5.~~05056572~~02231281 0.00000000 ~~996~~989.~~65119800~~82344426 B-4 0.~~00683292~~00094763 0.00000000 5.~~05057357~~02231920 0.00000000 ~~996~~989.~~65119701~~82344140 B-5 0.~~00680000~~00095000 0.00000000 5.~~05055000~~02230000 0.00000000 ~~996~~989.~~65120000~~82345000 B-6 0.~~00683051~~00094730 0.00000000 5.~~05056637~~02232194 0.00000000 ~~996~~989.~~65120370~~82343248 (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 0152,605.0008 Deposits Payments of Interest and Principal 74,~~710~~475,~~291~~005.4005 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~159,698~~0.0900 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 74,~~869~~475,~~989~~005.4905 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 8485,~~382~~899.6801 Payment of Interest and Principal 74,~~785~~389,~~606~~830.8104 Total Withdrawals (Pool Distribution Amount) 74,~~869~~475,~~989~~729.4905 Ending Balance 0151,881.0008

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 71,~~325~~675.0304 Servicing Fee Support 41,~~600~~301.9650 Non-Supported Prepayment/Curtailment Interest Shortfall ~~2,724~~373.0754

SERVICING FEES Gross Servicing Fee 8381,~~318~~648.0242 Master Servicing Fee 5,~~665~~552.6309 Supported Prepayment/Curtailment Interest Shortfall 41,~~600~~301.9650 Net Servicing Fee 8485,~~382~~899.6801

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 80 0 0 0 80 ~~4,373,230~~0.9700 0.00 0.00 0.00 ~~4,373,230~~0.9700 60 Days 10 0 0 0 10 ~~637,980~~0.8300 0.00 0.00 0.00 ~~637,980~~0.8300 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 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 90 0 0 0 90 ~~5,011,211~~0.8000 0.00 0.00 0.00 ~~5,011,211~~0.8000 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 0.~~937866~~000000% 0.000000% 0.000000% 0.000000% 0.~~937866~~000000% 10.~~120330~~000000% 0.000000% 0.000000% 0.000000% 10.~~120330~~000000% 60 Days 0.~~117233~~000000% 0.000000% 0.000000% 0.000000% 0.~~117233~~000000% 0.~~163437~~000000% 0.000000% 0.000000% 0.000000% 0.~~163437~~000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 10.~~055100~~000000% 0.000000% 0.000000% 0.000000% 10.~~055100~~000000% 10.~~283767~~000000% 0.000000% 0.000000% 0.000000% 10.~~283767~~000000%

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 50 0 0 0 50 ~~2,282,230~~0.9700 0.00 0.00 0.00 ~~2,282,230~~0.9700 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 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 50 0 0 0 50 ~~2,282,230~~0.9700 0.00 0.00 0.00 ~~2,282,230~~0.9700 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~816993~~000000% 0.000000% 0.000000% 0.000000% 0.~~816993~~000000% 0.~~794631~~000000% 0.000000% 0.000000% 0.000000% 0.~~794631~~000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~816993~~000000% 0.000000% 0.000000% 0.000000% 0.~~816993~~000000% 0.~~794631~~000000% 0.000000% 0.000000% 0.000000% 0.~~794631~~000000% 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 30 0 0 0 30 ~~2,091,000~~0.00 0.00 0.00 0.00 ~~2,091,000~~0.00 60 Days 10 0 0 0 10 ~~637,980~~0.8300 0.00 0.00 0.00 ~~637,980~~0.8300 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 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 40 0 0 0 40 ~~2,728,980~~0.8300 0.00 0.00 0.00 ~~2,728,980~~0.8300 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~244813~~000000% 0.000000% 0.000000% 0.000000% 10.~~244813~~000000% 10.~~943774~~000000% 0.000000% 0.000000% 0.000000% 10.~~943774~~000000% 60 Days 0.~~414938~~000000% 0.000000% 0.000000% 0.000000% 0.~~414938~~000000% 0.~~593061~~000000% 0.000000% 0.000000% 0.000000% 0.~~593061~~000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 10.~~659751~~000000% 0.000000% 0.000000% 0.000000% 10.~~659751~~000000% 20.~~536835~~000000% 0.000000% 0.000000% 0.000000% 20.~~536835~~000000%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~380~~129,~~930~~419.2959

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class I-A-1 113,911,241.15 28.44614840% ~~111~~108,~~128~~685,~~903~~053.8432 2827.~~15698011~~90240849% 7172.~~759408~~014271% 0.000000% Class II-A-1 5,006,141.15 1.25014382% 4,~~989~~955,~~376~~195.5884 1.~~26416956~~27213351% 26.~~972669~~709797% 0.000000% Class B-1 2,604,141.15 0.65031146% 2,~~595~~577,~~420~~639.4095 0.~~65760750~~66175026% 0.~~608363~~612206% 0.000000% Class B-2 1,603,141.15 0.40033969% 1,~~597~~586,~~772~~826.5569 0.~~40483122~~40738156% 0.~~253527~~255128% 0.000000% Class B-3 1,002,141.15 0.25025674% ~~998~~991,~~785~~942.1880 0.~~25306445~~25465869% 0.~~152217~~153179% 0.000000% Class B-4 601,141.15 0.15011820% ~~599~~595,~~128~~023.0560 0.~~15180242~~15275874% 0.~~101563~~102204% 0.000000% Class B-5 401,141.15 0.10017379% ~~399~~397,~~797~~058.8191 0.~~10129767~~10193582% 0.~~050655~~050975% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~101598~~102240% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Fixed 15 Year Weighted Average Gross Coupon 6.~~478129~~473952% Weighted Average Pass-Through Rate 0.000000% Weighted Average Maturity(Stepdown Calculation ) ~~177~~175 Beginning Scheduled Collateral Loan Count ~~860~~850 Number Of Loans Paid In Full 72 Ending Scheduled Collateral Loan Count ~~853~~848 Beginning Scheduled Collateral Balance ~~400~~391,~~445~~932,~~218~~825.5753 Ending Scheduled Collateral Balance ~~394~~389,~~676~~518,~~216~~536.7291 Ending Actual Collateral Balance at 2830-~~Feb~~Apr-2002 390,~~352~~838,~~048~~035.3588 Ending Scheduled Balance For Wells Fargo Serviced ~~386~~381,~~137~~406,~~371~~469.6849 Ending Scheduled Balance For Other Servicers 8,~~538~~112,~~845~~067.0442 Monthly P &I Constant 3,~~458~~417,~~852~~906.3807 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 74,~~741~~343,~~702~~520.4012 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans ~~394~~389,~~676~~518,~~216~~536.7291 Scheduled Principal 1,~~341~~352,~~154~~814.6393 Unscheduled Principal 41,~~427~~061,~~847~~473.2269 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% ~~392~~387,~~680~~398,~~571~~280.7014 Greater Than 80%, less than or equal to 85% 1,~~040~~030,~~025~~420.5770 Greater than 85%, less than or equal to 95% 1,~~059~~051,~~959~~955.7472 Greater than 95% 0.00

Group Level Collateral Statement Group 1 2 Total Collateral Description Fixed 15 Year Fixed 15 Year Fixed 15 Year Weighted Average Coupon Rate 6.~~372573~~371019 6.~~756741~~751782 6.~~478129~~473952 Weighted Average Net Rate 5.~~975867~~974970 6.~~249047~~248775 6.~~050927~~048988 Weighted Average Maturity ~~177~~175 ~~176~~174 ~~177~~175 Beginning Loan Count ~~614~~612 ~~246~~238 ~~860~~850 Loans Paid In Full 21 51 72 Ending Loan Count ~~612~~611 ~~241~~237 ~~853~~848 Beginning Scheduled Balance ~~290~~285,~~161~~985,~~247~~831.0097 ~~110~~105,~~283~~946,~~971~~993.0056 ~~400~~391,~~445~~932,~~218~~825.0053 Ending scheduled Balance ~~287~~284,~~162~~423,~~242~~525.3970 ~~107~~105,~~513~~095,~~974~~011.3321 ~~394~~389,~~676~~518,~~216~~536.7291 Record Date 0204/2830/2002 0204/2830/2002 0204/2830/2002 Principal And Interest Constant 2,~~494~~479,~~061~~404.9452 ~~964~~938,~~790~~501.4556 3,~~458~~417,~~852~~906.3807 Scheduled Principal ~~979~~990,~~326~~743.8107 ~~361~~362,~~827~~071.8286 1,~~341~~352,~~154~~814.6393 Unscheduled Principal 2571,~~019,678~~563.0720 2489,~~408,169~~910.1549 41,~~427~~061,~~847~~473.2269 Scheduled Interest 1,~~508~~487,~~907~~489.4556 ~~596~~575,~~681~~272.1628 2,~~105~~062,~~588~~761.6083 Servicing Fees 6059,~~425~~576.2613 22,~~892~~072.7629 8381,~~318~~648.0242 Master Servicing Fees 4,~~108~~051.9218 1,~~556~~500.7192 5,~~665~~552.6309 Trustee Fee 0.00 0.00 0.00 FRY Amount 3130,~~350~~753.2209 2220,~~040~~836.5884 5351,~~390~~589.8093 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 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 1,~~413~~393,~~023~~109.0416 ~~550~~530,~~191~~862.1123 1,~~963~~923,~~214~~971.1640 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

Filing Compare · WELLS FARGO MORTGAGE BACKED SECURITIES 2002-5 TRUST