8-K 1 opt02002.txt JULY 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): July 25, 2002 OPTION ONE MORTGAGE LOAN TRUST Asset-Backed Certificates, Series 2002-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-82832-01 Pooling and Servicing Agreement) (Commission 52-2365580 (State or other File Number) 52-2365581 jurisdiction 52-2365582 of Incorporation) IRS EIN c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 July 25, 2002 a distribution was made to holders of OPTION ONE MORTGAGE LOAN TRUST, Asset-Backed Certificates, Series 2002-2 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 Asset-Backed Certificates, Series 2002-2 Trust, relating to the July 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. OPTION ONE MORTGAGE LOAN TRUST Asset-Backed Certificates, Series 2002-2 Trust By: Wells Fargo Bank of Minnesota, NA, as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 8/7/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset-Backed Certificates, Series 2002-2 Trust, relating to the July 25, 2002 distribution. EX-99.1

Option One Mortgage Loan Trust Asset-Backed Certificates Record Date: 46/30/02 Distribution Date: 57/2825/02 OOMC Series: 2002-2 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 68400XAE0 SEN 2.~~12000~~11000% ~~327~~320,~~328~~089,~~555~~647.5048 ~~636~~562,~~108~~824.4729 32,~~107~~543,~~521~~258.3161 S 68400XAF7 SEN 6.00000% 0.00 187,500.00 0.00 M1 68400XAG5 MEZ 2.~~50000~~49000% 15,563,000.00 3532,~~665~~293.2122 0.00 M2 68400XAH3 MEZ 32.~~00000~~99000% 13,125,000.00 3632,~~093~~703.7512 0.00 M3 68400XAJ9 MEZ 3.~~70000~~69000% 9,750,000.00 3329,~~068~~981.7525 0.00 C OPT02002C SEN 0.00000% 2,812,500.00 ~~989~~1,~~086~~365,647.3753 0.00 R1 OPT0202R1 SEN 0.00000% 0.00 0.00 0.00 R2 OPT0202R2 SEN 0.00000% 0.00 0.00 0.00 R3 OPT0202R3 SEN 0.00000% 0.00 0.00 0.00 P OPT02002P SEN 0.00000% 100.00 2231,~~070~~622.4903 0.00 Totals ~~368~~361,~~579~~340,~~155~~247.5048 12,~~939~~242,~~593~~571.0444 32,~~107~~543,~~521~~258.3161

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A 0.00 ~~324~~317,~~221~~546,~~034~~388.1987 3,~~743~~106,~~629~~082.7890 0.00 S 0.00 0.00 187,500.00 0.00 M1 0.00 15,563,000.00 3532,~~665~~293.2122 0.00 M2 0.00 13,125,000.00 3632,~~093~~703.7512 0.00 M3 0.00 9,750,000.00 3329,~~068~~981.7525 0.00 C 0.00 2,812,500.00 ~~989~~1,~~086~~365,647.3753 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 P 0.00 100.00 2231,~~070~~622.4903 0.00 Totals 0.00 ~~365~~358,~~471~~796,~~634~~988.1987 54,~~047~~785,~~114~~830.3505 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 333,750,000.00 ~~327~~320,~~328~~089,~~555~~647.5048 0.00 32,~~107~~543,~~521~~258.3161 0.00 0.00 S 0.00 0.00 0.00 0.00 0.00 0.00 M1 15,563,000.00 15,563,000.00 0.00 0.00 0.00 0.00 M2 13,125,000.00 13,125,000.00 0.00 0.00 0.00 0.00 M3 9,750,000.00 9,750,000.00 0.00 0.00 0.00 0.00 C 2,811,900.00 2,812,500.00 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 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 375,000,000.00 ~~368~~361,~~579~~340,~~155~~247.5048 0.00 32,~~107~~543,~~521~~258.3161 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 32,~~107~~543,~~521~~258.3161 ~~324~~317,~~221~~546,~~034~~388.1987 0.~~97144879~~95144985 32,~~107~~543,~~521~~258.3161 S 0.00 0.00 0.00000000 0.00 M1 0.00 15,563,000.00 1.00000000 0.00 M2 0.00 13,125,000.00 1.00000000 0.00 M3 0.00 9,750,000.00 1.00000000 0.00 C 0.00 2,812,500.00 1.00021338 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 P 0.00 100.00 1.00000000 0.00 Totals 32,~~107~~543,~~521~~258.3161 ~~365~~358,~~471~~796,~~634~~988.1987 0.~~97459102~~95679197 32,~~107~~543,~~521~~258.3161

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 333,750,000.00 ~~980~~959.~~75971685~~07010481 0.00000000 97.~~31092527~~62025052 0.00000000 S 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 15,563,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 13,125,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 9,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 2,811,900.00 1000.21337885 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 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A 0.00000000 97.~~31092527~~62025052 ~~971~~951.~~44879158~~44985429 0.~~97144879~~95144985 97.~~31092527~~62025052 S 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 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.21337885 1.00021338 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 P 0.00000000 0.00000000 1,000.00000000 1.00000000 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 333,750,000.00 2.~~12000~~11000% ~~327~~320,~~328~~089,~~555~~647.5048 ~~636~~562,~~108~~824.4930 0.00 0.00 S 0.00 6.00000% 37,500,000.00 187,500.00 0.00 0.00 M1 15,563,000.00 2.~~50000~~49000% 15,563,000.00 3532,~~665~~293.2122 0.00 0.00 M2 13,125,000.00 32.~~00000~~99000% 13,125,000.00 3632,~~093~~703.7513 0.00 0.00 M3 9,750,000.00 3.~~70000~~69000% 9,750,000.00 3329,~~068~~981.7525 0.00 0.00 C 2,811,900.00 0.00000% 2,812,500.00 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 P 100.00 0.00000% 100.00 0.00 0.00 0.00 Totals 375,000,000.00 ~~928~~845,~~436~~301.2090 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 0.0200 0.00 ~~636~~562,~~108~~824.4729 0.00 ~~324~~317,~~221~~546,~~034~~388.1987 S 0.00 0.00 187,500.00 0.00 37,500,000.00 M1 0.00 0.00 3532,~~665~~293.2122 0.00 15,563,000.00 M2 0.00 0.00 3632,~~093~~703.7512 0.00 13,125,000.00 M3 0.00 0.00 3329,~~068~~981.7525 0.00 9,750,000.00 C 0.00 0.00 ~~989~~1,~~086~~365,647.3753 0.00 2,812,500.00 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 P 0.00 0.00 2231,~~070~~622.4903 0.00 100.00 Totals 0.0200 0.00 12,~~939~~242,~~593~~571.0444 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 333,750,000.00 2.~~12000~~11000% ~~980~~959.~~75971685~~07010481 1.~~90594304~~68636494 0.00000000 0.00000000 S 0.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 M1 15,563,000.00 2.~~50000~~49000% 1000.00000000 2.~~29166677~~07499968 0.00000000 0.00000000 M2 13,125,000.00 32.~~00000~~99000% 1000.00000000 2.~~75000000~~49166705 0.00000000 0.00000000 M3 9,750,000.00 3.~~70000~~69000% 1000.00000000 3.~~39166667~~07500000 0.00000000 0.00000000 C 2,811,900.00 0.00000% 1000.21337885 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 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 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 0.00000000 0.00000000 1.68636491 0.00000000 951.44985429 S 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 M1 0.00000000 0.00000000 2.07499968 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.49166629 0.00000000 1000.00000000 M3 0.00000000 0.00000000 3.07500000 0.00000000 1000.00000000 C 0.00000000 0.00000000 485.66717522 0.00000000 1000.21337885 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 P 0.00000000 0.00000000 316220.30000000 0.00000000 1000.00000000 (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.

~~Interest~~CERTIFICATEHOLDER ~~Distribution~~ACCOUNT ~~Factors~~STATEMENT ~~Statement~~CERTIFICATE ~~(continued)~~ACCOUNT ~~Remaining~~Beginning ~~Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall~~ Balance A 0.~~00000006~~00 ~~0.00000000~~Deposits ~~1.90594298~~Payments ~~0.00000000~~of ~~971.44879158~~Interest Sand ~~0.00000000~~Principal ~~0.00000000~~ 5,092,439.~~00000000~~54 ~~0.00000000~~Liquidations, ~~1000.00000000~~Insurance M1Proceeds, ~~0.00000000~~Reserve ~~0.00000000~~Funds 21.~~29166677~~23 ~~0.00000000~~Proceeds ~~1000.00000000~~from M2Repurchased ~~0.00000000~~Loans 0.~~00000000~~00 ~~2.75000000~~Other ~~0.00000000~~Amounts ~~1000.00000000~~(Servicer M3Advances) 0.~~00000000~~00 ~~0.00000000~~Realized ~~3.39166667~~Losses 0.~~00000000~~00 ~~1000.00000000~~Prepayment CPenalties 031,622.~~00000000~~03 ~~0.00000000~~Total ~~351.75019382~~Deposits 05,124,062.~~00000000~~80 ~~1000.21337885~~Withdrawals R1Reimbursement ~~0.00000000~~for ~~0.00000000~~Servicer ~~0.00000000~~Advances 0.~~00000000~~00 ~~0.00000000~~Payment R2of ~~0.00000000~~Service ~~0.00000000~~Fee 0338,232.~~00000000~~75 ~~0.00000000~~Payment ~~0.00000000~~of R3Interest ~~0.00000000~~and ~~0.00000000~~Principal 04,785,830.~~00000000~~05 ~~0.00000000~~Total ~~0.00000000~~Withdrawals P(Pool ~~0.00000000~~Distribution ~~0.00000000 220704.90000000 0.00000000 1000.00000000 (6~~Amount) ~~Amount Does Not Include Excess Special Hazard~~5, ~~Bankrupcy~~124,~~or Fraud Losses Unless Otherwise Disclosed~~062.80 ~~Please~~Ending ~~Refer~~Balance ~~to the Prospectus Supplement for a Full Description~~0.00

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 5,280,716.45 Liquidations, Insurance Proceeds, Reserve Funds 1.23 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 22,070.49 Total Deposits 5,302,788.17 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 255,673.82 Payment of Interest and Principal 5,047,114.35 Total Withdrawals (Pool Distribution Amount) 5,302,788.17 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 5875,~~268~~279.4532 MGIC PMI Policy Fee ~~195~~260,~~408~~996.9025 Special Servicing Fee 0.00 Wells Fargo 1,~~996~~957.4718 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~255~~338,~~673~~232.8275

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 12 0 0 12 ~~359~~504,~~770~~302.4464 0.00 0.00 ~~359~~504,~~770~~302.4464 30 Days 623 10 10 0 823 ~~562~~4,~~772~~647,207.8882 ~~53,502~~0.2000 ~~339,634~~0.8400 0.00 ~~955~~4,~~909~~647,207.9282 60 Days 02 01 27 0 210 0297,973.0053 053,476.0038 ~~139~~889,~~203~~273.9198 0.00 ~~139~~1,~~203~~240,723.9189 90 Days 0 0 14 0 14 0.00 0.00 ~~139~~621,~~734~~809.5790 0.00 ~~139~~621,~~734~~809.5790 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 625 23 411 0 1239 ~~562~~4,~~772~~945,181.8835 ~~413~~557,~~272~~779.6402 ~~618~~1,~~573~~511,083.3288 0.00 17,~~594~~014,~~618~~044.8425 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.~~094518~~141443% 0.000000% 0.000000% 0.~~094518~~141443% 0.~~130063~~140524% 0.000000% 0.000000% 0.~~130063~~140524% 30 Days 01.~~567108~~626591% 0.~~094518~~000000% 0.~~094518~~000000% 0.000000% 01.~~756144~~626591% 01.~~203452~~294949% 0.~~019342~~000000% 0.~~122784~~000000% 0.000000% 01.~~345578~~294949% 60 Days 0.~~000000~~141443% 0.~~000000~~070721% 0.~~189036~~495050% 0.000000% 0.~~189036~~707214% 0.~~000000~~083031% 0.~~000000~~014901% 0.~~050325~~247797% 0.000000% 0.~~050325~~345729% 90 Days 0.000000% 0.000000% 0.~~094518~~282885% 0.000000% 0.~~094518~~282885% 0.000000% 0.000000% 0.~~050517~~173268% 0.000000% 0.~~050517~~173268% 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 01.~~567108~~768034% 0.~~189036~~212164% 0.~~378072~~777935% 0.000000% 12.~~134216~~758133% 01.~~203452~~377980% 0.~~149405~~155426% 0.~~223625~~421065% 0.000000% 01.~~576483~~954470% ~~(7) Delinquencies are stratified according tot he information the Servicer had provieded. All+90 delinquencies are reported in the 90 day delinquency field.~~

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 27124,~~264~~328.6343

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 8.~~445033~~463959% Weighted Average Net Coupon 8.~~195032~~213959% Weighted Average Pass-Through Rate 7.~~349055~~340698% Weighted Average Maturity(Stepdown Calculation ) ~~351~~349 Beginning Scheduled Collateral Loan Count 1,~~072~~423 Number Of Loans Paid In Full 149 Ending Scheduled Collateral Loan Count 1,~~058~~414 Beginning Scheduled Collateral Balance ~~279~~361,~~687~~340,~~824~~247.6248 Ending Scheduled Collateral Balance ~~276~~358,~~580~~796,~~303~~988.3187 Ending Actual Collateral Balance at 30-~~Apr~~Jun-2002 ~~276~~358,~~611~~871,~~643~~896.1429 Monthly P &I Constant 2,~~156~~795,~~577~~969.3957 Special Servicing Fee 0.00 Prepayment Penalties 2231,~~070~~622.4903 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~188~~247,~~266~~328.6870 Unscheduled Principal 2,~~919~~295,~~254~~929.6391

Pre-Funding Acct Begin Bal ~~88,891,330~~0.8800 Pre-Funding Acct Dist Amount 0.00 Pre-Funding RI Transfer to Int Cov Acct ~~109,463~~89.24 Pre-Funding Acct End Bal ~~88,891,330~~0.8800 Int Cov Acct Bal ~~454,752~~0.4100 Int Cov Acct Deposits ~~180,693~~0.9261 Int Cov Acct Release to Servicer ~~839~~89.1385 Int Cov Acct Dist Amount to Bond ~~204,653~~0.5400 Int Cov Acct End Bal ~~429,953~~0.6600 Unscheduled Principal - Voluntary 2,~~919~~295,~~254~~929.6391 Unscheduled Principal - Involuntary 0.00 Other Income ~~230~~540.7608 Step Down Date: Do ~~Not~~not Step Down In Effect Since: N/A Comments: N/A Trigger Event: Not InTriggered ~~Effect~~ In Effect Since: N/A Comments: N/A Delinquency Cutoff Ending Balance ~~278~~360,~~061~~124,~~207~~437.4173

Miscellaneous Reporting General Excess Available Amt ~~989~~1,~~086~~365,647.3753 Extra Principal Distribution 0.00 Overcollateralization Amt 2,812,500.00 Overcollateralization Deficit Amt 0.00 Overcollateralization Release Amt 0.00 Overcollateralization Increase Amt 0.00 Target Overcollateralization 2,812,500.00

Group Level Collateral Statement Group Group ! Group 2 Total Collateral Description Fixed 30 Year Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 78.~~868715~~006875 8.~~596181~~574725 8.~~445033~~463959 Weighted Average Net Rate 7.~~618713~~756876 8.~~346180~~324725 8.~~195032~~213959 Weighted Average Maturity ~~351~~349 ~~351~~349 ~~351~~349 Beginning Loan Count ~~260~~370 ~~812~~1,053 1,~~072~~423 Loans Paid In Full 32 117 149 Ending Loan Count ~~257~~368 ~~801~~1,046 1,~~058~~414 Beginning Scheduled Balance 5870,~~111~~483,~~641~~842.0504 ~~221~~290,~~576~~856,~~183~~405.5744 ~~279~~361,~~687~~340,~~824~~247.6248 Ending scheduled Balance 5770,~~653~~160,~~285~~080.2715 ~~218~~288,~~927~~636,~~018~~908.0472 ~~276~~358,~~580~~796,~~303~~988.3187 Record Date 0406/30/2002 0406/30/2002 0406/30/2002 Principal And Interest Constant ~~433~~536,~~636~~286.5440 12,~~722~~259,~~940~~683.8517 2,~~156~~795,~~577~~969.3957 Scheduled Principal 5265,~~583~~990.2628 ~~135~~181,~~683~~338.42 ~~188~~247,~~266~~328.6870 Unscheduled Principal ~~405~~257,~~772~~771.5261 2,~~513~~038,~~482~~158.1130 2,~~919~~295,~~254~~929.6391 Scheduled Interest ~~381~~470,~~053~~296.2812 12,~~587~~078,~~257~~344.4375 12,~~968~~548,~~310~~640.7187 Servicing Fees 1214,~~106~~684.7020 4660,~~161~~595.7512 5875,~~268~~279.4532 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee ~~796~~381.1168 1,~~200~~575.3650 1,~~996~~957.4718 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee ~~30,068~~0.2100 ~~165~~220,~~340~~738.6982 ~~195~~220,~~408~~738.9082 Pool Insurance Fee 040,257.0043 0.00 040,257.0043 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 ~~368~~455,~~946~~611.5892 12,~~541~~017,~~095~~749.6863 12,~~910~~473,~~042~~361.2655 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~~FeePass-Through Rate 0.00 0.00 0.00 ~~Pass-Through Rate 6~~7.~~981367~~064986 7.~~444237~~407512 7.~~349055~~340698

Filing Compare · OPTION ONE MORTGAGE LOAN TR ASSET BACKED CERT SER 2002-2