8-K 1 opt02003.txt AUGUST 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): August 26, 2002 OPTION ONE MORTGAGE LOAN TRUST Asset-Backed Certificates, Series 2002-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-82832-02 Pooling and Servicing Agreement) (Commission 52-2365598 (State or other File Number) 52-2365599 jurisdiction 52-2365600 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 August 26, 2002 a distribution was made to holders of OPTION ONE MORTGAGE LOAN TRUST, Asset-Backed Certificates, Series 2002-3 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 2002-3 Trust, relating to the August 26 , 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 2002-3 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 8/29/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset- Backed Certificates, Series 2002-3 Trust, relating to the August 26, 2002 distribution. EX-99.1

Option One Mortgage Loan Trust ~~Mortgage Pass~~Asset-~~Through~~Backed Certificates Record Date: 67/3031/02 Distribution Date: 78/2526/02 OOMC Series: 2002-3 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 68389FCF9 SEN 2.~~09000~~08688% ~~821~~816,~~073~~411,~~065~~294.0955 1,~~430~~514,~~035~~446.5958 46,~~661~~507,~~770~~604.5436 A2 68389FCG7 SEN 2.~~11000~~10688% ~~351~~349,~~591~~728,~~203~~889.3918 ~~618~~654,~~214~~966.5305 13,~~862~~915,~~314~~282.2174 S 68389FCL6 SEN 5.50000% 0.00 607,291.67 0.00 M1 68389FCH5 MEZ 2.~~49000~~48688% 53,000,000.00 ~~109~~117,~~975~~159.0068 0.00 M2 68389FCJ1 MEZ 2.~~97000~~96688% 46,375,000.00 ~~114~~122,~~778~~301.1339 0.00 M3 68389FCK8 MEZ 3.~~69000~~68688% 39,750,000.00 ~~122~~130,~~231~~269.2576 0.00 C OPT02003C JUN 0.00000% 6,624,900.00 5,~~643~~455,~~993~~907.2232 0.00 R1 OPT0203R1 JUN 0.00000% 0.00 0.00 0.00 R2 OPT0203R2 JUN 0.00000% 0.00 0.00 0.00 R3 OPT0203R3 JUN 0.00000% 0.00 0.00 0.00 P OPT02003P JUN 0.00000% 100.00 ~~114~~179,~~173~~601.8060 0.00 Totals 1,~~318~~311,~~414~~890,~~268~~183.4873 8,~~760~~781,~~693~~944.1905 610,~~524~~422,~~084~~887.7510

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 ~~816~~809,~~411~~903,~~294~~690.5519 68,~~091~~022,~~806~~050.1394 0.00 A2 0.00 ~~349~~345,~~728~~813,~~889~~606.1844 24,~~480~~570,~~528~~248.7479 0.00 S 0.00 0.00 607,291.67 0.00 M1 0.00 53,000,000.00 ~~109~~117,~~975~~159.0068 0.00 M2 0.00 46,375,000.00 ~~114~~122,~~778~~301.1339 0.00 M3 0.00 39,750,000.00 ~~122~~130,~~231~~269.2576 0.00 C 0.00 6,624,900.00 5,~~643~~455,~~993~~907.2232 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 ~~114~~179,~~173~~601.8060 0.00 Totals 0.00 1,~~311~~301,~~890~~467,~~183~~296.7363 1519,~~284~~204,~~777~~831.9415 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 825,500,000.00 ~~821~~816,~~073~~411,~~065~~294.0955 0.00 46,~~661~~507,~~770~~604.5436 0.00 0.00 A2 353,750,000.00 ~~351~~349,~~591~~728,~~203~~889.3918 0.00 13,~~862~~915,~~314~~282.2174 0.00 0.00 S 0.00 0.00 0.00 0.00 0.00 0.00 M1 53,000,000.00 53,000,000.00 0.00 0.00 0.00 0.00 M2 46,375,000.00 46,375,000.00 0.00 0.00 0.00 0.00 M3 39,750,000.00 39,750,000.00 0.00 0.00 0.00 0.00 C 6,624,900.00 6,624,900.00 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 1,325,000,000.00 1,~~318~~311,~~414~~890,~~268~~183.4873 0.00 610,~~524~~422,~~084~~887.7510 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 46,~~661~~507,~~770~~604.5436 ~~816~~809,~~411~~903,~~294~~690.5519 0.~~98899006~~98110683 46,~~661~~507,~~770~~604.5436 A2 13,~~862~~915,~~314~~282.2174 ~~349~~345,~~728~~813,~~889~~606.1844 0.~~98863290~~97756497 13,~~862~~915,~~314~~282.2174 S 0.00 0.00 0.00000000 0.00 M1 0.00 53,000,000.00 1.00000000 0.00 M2 0.00 46,375,000.00 1.00000000 0.00 M3 0.00 39,750,000.00 1.00000000 0.00 C 0.00 6,624,900.00 1.00000000 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 610,~~524~~422,~~084~~887.7510 1,~~311~~301,~~890~~467,~~183~~296.7363 0.~~99010580~~98223947 610,~~524~~422,~~084~~887.7510

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 825,500,000.00 ~~994~~988.~~63726843~~99006002 0.00000000 57.~~64720841~~88322757 0.00000000 A2 353,750,000.00 ~~993~~988.~~89739474~~63290228 0.00000000 511.~~26449247~~06793707 0.00000000 S 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 53,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 46,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 39,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 6,624,900.00 1000.00000000 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 P 100.00 1000.00000000 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 57.~~64720841~~88322757 ~~988~~981.~~99006002~~10683245 0.~~98899006~~98110683 57.~~64720841~~88322757 A2 0.00000000 511.~~26449247~~06793707 ~~988~~977.~~63290228~~56496520 0.~~98863290~~97756497 511.~~26449247~~06793707 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 1,000.00000000 1.00000000 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 A1 825,500,000.00 2.~~09000~~08688% ~~821~~816,~~073~~411,~~065~~294.0955 1,~~430~~514,~~035~~446.5958 0.00 0.00 A2 353,750,000.00 2.~~11000~~10688% ~~351~~349,~~591~~728,~~203~~889.3918 ~~618~~654,~~214~~966.5305 0.00 0.00 S 0.00 5.50000% 132,500,000.00 607,291.67 0.00 0.00 M1 53,000,000.00 2.~~49000~~48688% 53,000,000.00 ~~109~~117,~~975~~159.0068 0.00 0.00 M2 46,375,000.00 2.~~97000~~96688% 46,375,000.00 ~~114~~122,~~778~~301.1339 0.00 0.00 M3 39,750,000.00 3.~~69000~~68688% 39,750,000.00 ~~122~~130,~~231~~269.2576 0.00 0.00 C 6,624,900.00 0.00000% 6,624,900.00 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 1,325,000,000.00 3,~~002~~146,~~526~~435.1713 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 1,~~430~~514,~~035~~446.5958 0.00 ~~816~~809,~~411~~903,~~294~~690.5519 A2 0.00 0.00 ~~618~~654,~~214~~966.5305 0.00 ~~349~~345,~~728~~813,~~889~~606.1844 S 0.00 0.00 607,291.67 0.00 132,500,000.00 M1 0.00 0.00 ~~109~~117,~~975~~159.0068 0.00 53,000,000.00 M2 0.00 0.00 ~~114~~122,~~778~~301.1339 0.00 46,375,000.00 M3 0.00 0.00 ~~122~~130,~~231~~269.2576 0.00 39,750,000.00 C 0.00 0.00 5,~~643~~455,~~993~~907.2232 0.00 6,624,900.00 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 ~~114~~179,~~173~~601.8060 0.00 100.00 Totals 0.00 0.00 8,~~760~~781,~~693~~944.1905 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 825,500,000.00 2.~~09000~~08688% ~~994~~988.~~63726843~~99006002 1.~~73232658~~83458096 0.00000000 0.00000000 A2 353,750,000.00 2.~~11000~~10688% ~~993~~988.~~89739474~~63290228 1.~~74760291~~85149413 0.00000000 0.00000000 S 0.00 5.50000% 1000.00000000 4.58333336 0.00000000 0.00000000 M1 53,000,000.00 2.~~49000~~48688% 1000.00000000 2.~~07500000~~21056000 0.00000000 0.00000000 M2 46,375,000.00 2.~~97000~~96688% 1000.00000000 2.~~47500011~~63722674 0.00000000 0.00000000 M3 39,750,000.00 3.~~69000~~68688% 1000.00000000 3.~~07500000~~27722667 0.00000000 0.00000000 C 6,624,900.00 0.00000% 1000.00000000 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 P 100.00 0.00000% 1000.00000000 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 1.~~73232658~~83458096 0.00000000 ~~988~~981.~~99006002~~10683245 A2 0.00000000 0.00000000 1.~~74760291~~85149413 0.00000000 ~~988~~977.~~63290228~~56496520 S 0.00000000 0.00000000 4.58333336 0.00000000 1000.00000000 M1 0.00000000 0.00000000 2.~~07500000~~21056000 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.~~47500011~~63722674 0.00000000 1000.00000000 M3 0.00000000 0.00000000 3.~~07500000~~27722667 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~851~~823.~~93636432~~54561125 0.00000000 1000.00000000 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 ~~1141738~~1796016.00000000 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.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 1620,~~164~~015,~~862~~445.0578 Liquidations, Insurance Proceeds, Reserve Funds 1.2326 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties ~~114~~179,~~173~~601.8060 Total Deposits 1620,~~279~~195,~~037~~048.0864 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~994~~990,~~259~~217.1449 Payment of Interest and Principal 1519,~~284~~204,~~777~~831.9415 Total Withdrawals (Pool Distribution Amount) 1620,~~279~~195,~~037~~048.0864 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~329~~327,~~560~~972.60 Radian PMI Policy Fee ~~661~~658,~~402~~972.5184 Wells Fargo 3,~~296~~272.0305 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~994~~990,~~259~~217.1449

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 1.2326 1.2326 1,000.00

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 910 0 0 910 1,~~211~~466,~~105~~694.9048 0.00 0.00 1,~~211~~466,~~105~~694.9048 30 Days 5788 02 2 0 5992 612,~~483~~230,~~022~~548.0810 0213,342.0061 ~~339~~146,~~404~~034.0660 0.00 612,~~822~~589,~~426~~925.1431 60 Days 05 01 326 0 332 0725,487.0089 082,555.0056 ~~362~~3,~~338~~143,270.2542 0.00 ~~362~~3,~~338~~951,313.2587 90 Days 0 0 911 0 911 0.00 0.00 ~~905~~1,~~815~~154,828.1265 0.00 ~~905~~1,~~815~~154,828.1265 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 5793 913 1439 0 80145 612,~~483~~956,~~022~~035.0899 1,~~211~~762,~~105~~592.9065 14,~~607~~444,~~557~~133.4367 0.00 919,~~301~~162,~~685~~762.4131 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.~~095857~~107170% 0.000000% 0.000000% 0.~~095857~~107170% 0.~~092304~~112675% 0.000000% 0.000000% 0.~~092304~~112675% 30 Days 0.~~607093~~943093% 0.~~000000~~021434% 0.~~021302~~021434% 0.000000% 0.~~628395~~985961% 0.~~494103~~939584% 0.~~000000~~016390% 0.~~025868~~011219% 0.000000% 0.~~519971~~967193% 60 Days 0.~~000000~~053585% 0.~~000000~~010717% 0.~~031952~~278641% 0.000000% 0.~~031952~~342943% 0.~~000000~~055734% 0.~~000000~~006342% 0.~~027616~~241475% 0.000000% 0.~~027616~~303551% 90 Days 0.000000% 0.000000% 0.~~095857~~117887% 0.000000% 0.~~095857~~117887% 0.000000% 0.000000% 0.~~069037~~088717% 0.000000% 0.~~069037~~088717% 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.~~607093~~996678% 0.~~095857~~139321% 0.~~149111~~417962% 0.000000% 01.~~852061~~553960% 0.~~494103~~995318% 0.~~092304~~135407% 0.~~122520~~341411% 0.000000% 01.~~708927~~472136%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~271~~373,~~495~~698.8466

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 8.~~774598~~774942% Weighted Average Net Coupon 8.~~474636~~474942% Weighted Average Pass-Through Rate 7.~~869787~~869180% Weighted Average Maturity(Stepdown Calculation ) ~~349~~348 Beginning Scheduled Collateral Loan Count 79,~~198~~389 Number Of Loans Paid In Full 3558 Ending Scheduled Collateral Loan Count 9,~~389~~331 Beginning Scheduled Collateral Balance 1,~~004~~311,~~843~~890,~~466~~183.9173 Ending Scheduled Collateral Balance 1,~~311~~301,~~890~~467,~~183~~296.7363 Ending Actual Collateral Balance at 3031-~~Jun~~Jul-2002 1,~~312~~301,~~078~~697,~~679~~843.9004 Monthly P &I Constant 10,~~479~~434,~~374~~497.3158 Special Servicing Fee 0.00 Prepayment Penalties ~~114~~179,~~173~~601.8060 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 1,~~311~~301,~~890~~467,~~183~~296.7363 Scheduled Principal ~~838~~841,~~911~~363.4585 Unscheduled Principal 59,~~685~~581,~~173~~523.3025

Credit Enhancement Percenatge 11.~~0563811536~~1099161963% Net WAC Carryover Amount 0.00 Payment Rec'd on PMI Claims during Pre-Fund Period 0.00 Payment Rec'd on PMI Claims since Closing 0.00 Claims Denied by PMI during Pre-Fund Period 0.00 Claims Denied by PMI since Closing 0.00 Trigger Event Not Triggered In Effect Since N/A Comments N/A Stepdown Date Do Not Step Down In Effect Since N/A Comments N/A Unscheduled Principal - Voluntary 59,~~685~~581,~~173~~523.3025 Unscheduled Principal - Involuntary 0.00 # of Subsequent Mortgage Loans Purchased ~~2,226~~0 Amount of Subsequent Mortgage Loans Purchased ~~313,398,894~~0.4500 Group 1 Pre-Funding Acct Begin Bal ~~222,372,709~~0.3800 Group 1 Pre-Funding Acct Dist Amount ~~222,372,709~~0.3800 Group 1 Pre-Funding Acct RI to Int Cov Acct ~~236,277~~0.2200 Group 1 Pre-Funding Acct End Bal 0.00 Group 1 Inv Cov Acct Begin Bal ~~1,022,247~~0.5100 Group 1 Inv Cov Acct Deposits ~~237,506~~0.2800 Group 1 Inv Cov Acct Release to Servicer ~~1,259,441~~0.1200 Group 1 Inv Cov Acct Dist Amount to Bond ~~312~~0.6700 Group 1 Inv Cov Acct End Bal 0.00 Group 2 Pre-Funding Acct Begin Bal ~~91,198,092~~0.1900 Group 2 Pre-Funding Acct Dist Amount ~~91,198,092~~0.1900 Group 2 Pre-Funding Acct RI Transfer to Inv Cov Acct ~~96,891~~0.5500 Group 2 Pre-Funding Acct End Bal 0.00 Group 2 Int Cov Acct Begin Bal ~~447,156~~0.9900 Group 2 Int Cov Acct Deposits ~~97,426~~0.4200 Group 2 Int Cov Acct Release to Servicer ~~544,582~~0.1900 Group 2 Int Cov Acct Dist Amount to Bond 10.2200 Group 2 Int Cov Acct End Bal 0.00 Liquidated Loans with Losses covered by MI 0 Losses prior to Proceeds from MI 0.00 MI Proceeds received to reduce Losses 0.00

Miscellaneous Reporting General Excess Available Amt 5,~~643~~455,~~993~~907.2232 Extra Principal Distribution Amt 0.00 Overcollateralization Amt 6,624,900.00 Excess Overcollateralized Amt 0.00 Overcollateralization Deficit Amt 0.00 Overcollateralization Increase 0.00 Overcollateralization Release Amt 0.00 Target Overcollateralization Amt 6,624,900.00

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Fixed 30 Year Mixed ARM Fixed 30 Year Weighted Average Coupon Rate 8.~~741091~~747757 8.~~784178~~784948 8.~~904355~~901515 Weighted Average Net Rate 8.~~441403~~447757 8.~~484176~~484948 8.~~604357~~601516 Pass-Through Rate 7.727098 7.901335 7.921207 Weighted Average Maturity ~~349~~348 ~~349~~348 ~~349~~348 Beginning Loan Count ~~935~~1,323 45,~~006~~462 ~~570~~608 Loans Paid In Full 65 1735 25 Ending Loan Count 1,~~323~~318 5,~~462~~427 ~~608~~603 Beginning Scheduled Balance ~~117~~163,~~399~~168,~~657~~409.2790 ~~583~~755,~~328~~270,~~698~~884.4465 6270,~~041~~292,~~937~~589.2447 Ending scheduled Balance ~~163~~162,~~168~~635,~~409~~681.9068 ~~755~~749,~~270~~296,~~884~~008.6551 7069,~~292~~892,~~589~~748.4794 Record Date 0607/3031/2002 0607/3031/2002 0607/3031/2002 Principal And Interest Constant 1,~~331~~325,~~418~~182.9321 65,~~004~~980,~~444~~184.5588 ~~583~~581,~~109~~797.3373 Scheduled Principal ~~134~~135,~~542~~717.0156 ~~449~~451,~~984~~005.7007 60,~~075~~372.6226 Unscheduled Principal 1397,~~007,464~~010.0366 35,~~069~~523,~~779~~871.8007 ~~134~~339,~~241~~468.0627 Scheduled Interest 1,~~196~~189,~~876~~464.9265 5,~~554~~529,~~459~~179.8581 ~~523~~521,~~033~~425.7147 Servicing Fees 4140,~~034~~792.8213 ~~189~~188,~~697~~817.6673 17,~~621~~573.5717 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee ~~408~~406.7128 1,~~899~~883.0489 175.7323 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 9897,~~002~~584.5946 ~~366~~365,~~710~~437.9450 39,~~760~~675.9557 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,~~155~~148,~~842~~672.0152 5,~~364~~340,~~761~~362.3405 ~~505~~503,~~412~~852.1135 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 ~~FeePass-Through~~Fee ~~Rate~~ 0.00 0.00 0.00 ~~7.722828 7.901389 7.924629~~

Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 8.~~741013~~737750 8.~~774598~~774942 Weighted Average Net Rate 8.~~441011~~437750 8.~~474636~~474942 Pass-Through Rate 7.854450 7.869180 Weighted Average Maturity ~~349~~348 ~~349~~348 Beginning Loan Count 1,~~687~~996 79,~~198~~389 Loans Paid In Full 1013 3558 Ending Loan Count 1,~~996~~983 9,~~389~~331 Beginning Scheduled Balance ~~242~~323,~~073~~158,~~173~~299.9671 1,~~004~~311,~~843~~890,~~466~~183.9173 Ending scheduled Balance ~~323~~319,~~158~~642,~~299~~857.7150 1,~~311~~301,~~890~~467,~~183~~296.7363 Record Date 0607/3031/2002 0607/3031/2002 Principal And Interest Constant 2,~~560~~547,~~401~~332.5076 10,~~479~~434,~~374~~497.3158 Scheduled Principal 194,~~309~~268.1296 ~~838~~841,~~911~~363.4585 Unscheduled Principal 13,~~473~~321,~~688~~173.4125 59,~~685~~581,~~173~~523.3025 Scheduled Interest 2,~~366~~353,~~092~~063.3880 9,~~640~~593,~~462~~133.8673 Servicing Fees 8180,~~206~~789.5557 ~~329~~327,~~560~~972.60 Master Servicing Fees 0.00 0.00 Trustee Fee ~~812~~806.5565 3,~~296~~272.0305 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 156,~~928~~275.0331 ~~661~~658,~~402~~972.5184 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 2,~~284~~272,~~885~~274.3721 9,~~310~~265,~~900~~161.8313 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 ~~FeePass-Through~~Fee ~~Rate~~ 0.00 0.00 ~~7.858403 7.869787~~

Filing Compare · OPTION ONE MORT ACCEPT CORP ASSET BACKED CERT SER 2002-3