8-K 1 abs02he2.txt OCTOBER 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): October 15, 2002 ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2002-HE2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-86750-01 Pooling and Servicing Agreement) (Commission (State or other File Number) 52-2365569 jurisdiction 52-2365566 of Incorporation) 52-2365568 52-2365570 52-2365567 IRS EIN 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 October 15, 2002 a distribution was made to holders of ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUST, Asset Backed Pass-Through Certificates, Series 2002-HE2 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 Home Equity Loan Asset Backed Pass-Through Certificates, Series 2002-HE2 Trust, relating to the October 15, 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. ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2002-HE2 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 10/24/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Home Equity Loan Asset Backed Pass-Through Certificates., Series 2002-HE2 Trust, relating to the October 15, 2002 distribution. EX-99.1

Asset Backed Securities Corp Home Equity Loan TTrust ~~Mortgage~~Asset Backed Pass-Through Certificates Record Date: 89/3130/02 Distribution Date: 910/1615/02 ABSC Series: 2002-HE2 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 R 045413CZ2 RES 0.00000% 0.00 0.00 0.00 A-IO 045413CU3 SEN IO 6.50000% 0.00 ~~562~~548,~~791~~166.6766 0.00 B-IO 045413DA6 SUB IO 3.50000% 0.00 204,166.67 0.00 A1 045413CT6 SEN 2.~~08000~~12313% ~~351~~347,~~158~~110,~~470~~343.6188 ~~649~~593,~~252~~662.9953 45,~~048~~717,~~126~~439.7315 A2 045413DB4 SEN 2.~~09000~~13313% ~~350~~344,~~174~~558,~~635~~460.1472 ~~650~~592,~~546~~073.6665 56,~~616~~173,~~174~~227.4255 M1 045413CV1 MEZ 2.~~48000~~52313% 62,161,000.00 ~~137~~126,~~030~~343.4756 0.00 M2 045413DC2 MEZ 2.~~91000~~95313% 45,020,000.00 ~~116~~107,~~451~~098.7354 0.00 B 045413CW9 SUB 3.~~93000~~97313% 34,295,390.00 ~~119~~109,~~805~~765.2303 0.00 X 045413CX7 SUB OC 0.00000% 0.01 5.4833 0.00 P 045413CY5 SEN 0.00000% 100.00 72138,~~793~~740.2103 0.00 Totals ~~842~~833,~~809~~145,~~595~~294.7661 2,~~512~~420,~~844~~022.1100 911,~~664~~890,~~301~~666.1570

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses R 0.00 0.00 0.00 0.00 A-IO 0.00 0.00 ~~562~~548,~~791~~166.6766 0.00 B-IO 0.00 0.00 204,166.67 0.00 A1 0.00 ~~347~~341,~~110~~392,~~343~~904.8873 46,~~697~~311,~~379~~101.7268 0.00 A2 0.00 ~~344~~338,~~558~~385,~~460~~233.7217 6,~~266~~765,~~721~~301.0820 0.00 M1 0.00 62,161,000.00 ~~137~~126,~~030~~343.4756 0.00 M2 0.00 45,020,000.00 ~~116~~107,~~451~~098.7354 0.00 B 0.00 34,295,390.00 ~~119~~109,~~805~~765.2303 0.00 X 0.00 013,855,027.0188 5.4833 0.00 P 0.00 100.00 72138,~~793~~740.2103 0.00 Totals 0.00 ~~833~~835,~~145~~109,~~294~~655.6178 1214,~~177~~310,~~145~~688.2670 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) R 0.00 0.00 0.00 0.00 0.00 0.00 A-IO 0.00 0.00 0.00 0.00 0.00 0.00 B-IO 0.00 0.00 0.00 0.00 0.00 0.00 A1 357,948,000.00 ~~351~~347,~~158~~110,~~470~~343.6188 0.00 45,~~048~~717,~~126~~439.7315 0.00 0.00 A2 357,948,000.00 ~~350~~344,~~174~~558,~~635~~460.1472 0.00 56,~~616~~173,~~174~~227.4255 0.00 0.00 M1 62,161,000.00 62,161,000.00 0.00 0.00 0.00 0.00 M2 45,020,000.00 45,020,000.00 0.00 0.00 0.00 0.00 B 34,295,390.00 34,295,390.00 0.00 0.00 0.00 0.00 X 0.00 0.01 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 857,372,490.00 ~~842~~833,~~809~~145,~~595~~294.7661 0.00 911,~~664~~890,~~301~~666.1570 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 R 0.00 0.00 0.00000000 0.00 A-IO 0.00 0.00 0.00000000 0.00 B-IO 0.00 0.00 0.00000000 0.00 A1 45,~~048~~717,~~126~~439.7315 ~~347~~341,~~110~~392,~~343~~904.8873 0.~~96972282~~95375000 45,~~048~~717,~~126~~439.7315 A2 56,~~616~~173,~~174~~227.4255 ~~344~~338,~~558~~385,~~460~~233.7217 0.~~96259362~~94534746 56,~~616~~173,~~174~~227.4255 M1 0.00 62,161,000.00 1.00000000 0.00 M2 0.00 45,020,000.00 1.00000000 0.00 B 0.00 34,295,390.00 1.00000000 0.00 X 0.00 013,855,027.0188 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 Totals 911,~~664~~890,~~301~~666.1570 ~~833~~835,~~145~~109,~~294~~655.6178 0.~~97174251~~97403365 911,~~664~~890,~~301~~666.1570

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A1 357,948,000.00 ~~981~~969.~~03207899~~72281974 0.00000000 1115.~~30925925~~97282049 0.00000000 A2 357,948,000.00 ~~978~~962.~~28353599~~59361896 0.00000000 1517.~~68991703~~24615740 0.00000000 M1 62,161,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 45,020,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 34,295,390.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 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 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A1 0.00000000 1115.~~30925925~~97282049 ~~969~~953.~~72281974~~74999925 0.~~96972282~~95375000 1115.~~30925925~~97282049 A2 0.00000000 1517.~~68991703~~24615740 ~~962~~945.~~59361896~~34746156 0.~~96259362~~94534746 1517.~~68991703~~24615740 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 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 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 R 0.00 0.00000% 0.00 0.00 0.00 0.00 A-IO 0.00 6.50000% ~~103~~101,~~900~~200,000.00 ~~562~~548,~~791~~166.67 0.00 0.00 B-IO 0.00 3.50000% 70,000,000.00 204,166.67 0.00 0.00 A1 357,948,000.00 2.~~08000~~12313% ~~351~~347,~~158~~110,~~470~~343.6188 ~~649~~593,~~252~~662.9953 0.00 0.00 A2 357,948,000.00 2.~~09000~~13313% ~~350~~344,~~174~~558,~~635~~460.1472 ~~650~~592,~~546~~073.66 0.00 0.00 M1 62,161,000.00 2.~~48000~~52313% 62,161,000.00 ~~137~~126,~~030~~343.4756 0.00 0.00 M2 45,020,000.00 2.~~91000~~95313% 45,020,000.00 ~~116~~107,~~451~~098.7354 0.00 0.00 B 34,295,390.00 3.~~93000~~97313% 34,295,390.00 ~~119~~109,~~805~~765.2303 0.00 0.00 X 0.00 0.00000% 0.01 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 Totals 857,372,490.00 2,~~440~~281,~~045~~276.4266 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 R 0.00 0.00 0.00 0.00 0.00 A-IO 0.00 0.00 ~~562~~548,~~791~~166.6766 0.00 ~~101~~98,~~200~~700,000.00 B-IO 0.00 0.00 204,166.67 0.00 70,000,000.00 A1 0.00 0.00 ~~649~~593,~~252~~662.9953 0.00 ~~347~~341,~~110~~392,~~343~~904.8873 A2 0.00 0.00 ~~650~~592,~~546~~073.6665 0.00 ~~344~~338,~~558~~385,~~460~~233.7217 M1 0.00 0.00 ~~137~~126,~~030~~343.4756 0.00 62,161,000.00 M2 0.00 0.00 ~~116~~107,~~451~~098.7354 0.00 45,020,000.00 B 0.00 0.00 ~~119~~109,~~805~~765.2303 0.00 34,295,390.00 X 0.00 0.00 5.4833 0.00 013,855,027.0188 P 0.00 0.00 72138,~~793~~740.2103 0.00 100.00 Totals 0.00 0.00 2,~~512~~420,~~844~~022.1100 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 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 A-IO 0.00 6.50000% ~~926~~902.~~19005170~~12159030 54.~~01686281~~88649198 0.00000000 0.00000000 B-IO 0.00 3.50000% 1000.00000000 2.91666671 0.00000000 0.00000000 A1 357,948,000.00 2.~~08000~~12313% ~~981~~969.~~03207899~~72281974 1.~~81381930~~65851613 0.00000000 0.00000000 A2 357,948,000.00 2.~~09000~~13313% ~~978~~962.~~28353599~~59361896 1.~~81743343~~65407730 0.00000000 0.00000000 M1 62,161,000.00 2.~~48000~~52313% 1000.00000000 2.~~20444443~~03252136 0.00000000 0.00000000 M2 45,020,000.00 2.~~91000~~95313% 1000.00000000 2.~~58666659~~37891026 0.00000000 0.00000000 B 34,295,390.00 3.~~93000~~97313% 1000.00000000 3.~~49333336~~20057681 0.00000000 0.00000000 X 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 (2) 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 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-IO 0.00000000 0.00000000 54.~~01686281~~88649189 0.00000000 ~~902~~879.~~12159030~~83597789 B-IO 0.00000000 0.00000000 2.91666671 0.00000000 1000.00000000 A1 0.00000000 0.00000000 1.~~81381930~~65851613 0.00000000 ~~969~~953.~~72281974~~74999925 A2 0.00000000 0.00000000 1.~~81743343~~65407727 0.00000000 ~~962~~945.~~59361896~~34746156 M1 0.00000000 0.00000000 2.~~20444443~~03252136 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.~~58666659~~37891026 0.00000000 1000.00000000 B 0.00000000 0.00000000 3.~~49333336~~20057681 0.00000000 1000.00000000 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 ~~727932~~1387400.~~10000000~~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.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 1213,~~287~~820,~~440~~496.9834 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~199~~773,~~936~~222.0934 Realized Losses 0(42,025.0059) Prepayment Penalties 72138,~~793~~740.2103 Total Deposits 1214,~~560~~690,~~170~~433.2812 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~383~~379,~~025~~744.0242 Payment of Interest and Principal 1214,~~177~~310,~~145~~688.2670 Total Withdrawals (Pool Distribution Amount) 1214,~~560~~690,~~170~~433.2812 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~354~~351,~~079~~469.3942 Strip Amount 28,~~945~~275.6300 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~383~~379,~~025~~744.0242

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 5,000.00 5.4833 5.4833 5,000.00

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 54 6 0 1110 ~~322~~266,~~831~~413.3017 ~~766~~643,~~057~~509.9702 0.00 1909,~~088,889~~922.2719 30 Days ~~126~~142 0 35 0 ~~129~~147 1718,~~014~~265,~~632~~948.0062 0.00 ~~197~~769,~~786~~420.4546 0.00 1719,~~212~~035,~~418~~369.4508 60 Days 1017 1 4145 0 5263 ~~895~~2,~~900~~154,546.6382 3793,~~100~~443.0035 5,~~090~~838,~~675~~487.1517 0.00 68,~~023~~086,~~675~~477.7834 90 Days 26 01 843 0 1050 ~~125~~509,~~508~~005.9969 037,100.00 ~~935~~5,~~219~~008,075.7286 0.00 15,~~060~~554,~~728~~181.7155 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 ~~138~~165 6 5899 0 ~~202~~270 1820,~~036~~929,~~041~~501.6213 ~~359~~396,~~931~~956.3052 612,~~989~~259,~~739~~492.2951 0.00 2533,~~385~~585,~~712~~950.2116 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.~~082645~~066667% 0.~~099174~~100000% 0.000000% 0.~~181818~~166667% 0.~~038272~~031902% 0.~~090816~~077057% 0.000000% 0.~~129088~~108958% 30 Days 2.~~082645~~366667% 0.000000% 0.~~049587~~083333% 0.000000% 2.~~132231~~450000% 2.~~017083~~187252% 0.000000% 0.~~023448~~092134% 0.000000% 2.~~040531~~279386% 60 Days 0.~~165289~~283333% 0.~~016529~~016667% 0.~~677686~~750000% 0.000000% 01.~~859504~~050000% 0.~~106209~~257996% 0.~~004398~~011189% 0.~~603499~~699128% 0.000000% 0.~~714106~~968313% 90 Days 0.~~033058~~100000% 0.~~000000~~016667% 0.~~132231~~716667% 0.000000% 0.~~165289~~833333% 0.~~014879~~060951% 0.~~000000~~004443% 0.~~110870~~599691% 0.000000% 0.~~125749~~665084% 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 2.~~280992~~750000% 0.~~099174~~100000% 01.~~958678~~650000% 0.000000% 34.~~338843~~500000% 2.~~138171~~506198% 0.~~042670~~047533% 01.~~828633~~468010% 0.000000% 34.~~009474~~021741% (7) For the ~~delingquency~~delinquency information on pages 7(a)-7(c), Group 1 is WMC; Group 2 is New Century; Group 3 is Equicon; Group 4 is Cityscape; and Group 5 is Long Beach originated loans, respectively.

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~199~~773,~~936~~222.0934

COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 8.~~788299~~787117% Weighted Average Net Coupon 8.~~288299~~287117% Weighted Average Pass-Through Rate 8.~~247425~~246893% Weighted Average Maturity(Stepdown Calculation ) ~~345~~344 Beginning Scheduled Collateral Loan Count 6,~~086~~050 Number Of Loans Paid In Full 3650 Ending Scheduled Collateral Loan Count 6,~~050~~000 Beginning Scheduled Collateral Balance ~~849~~843,~~790~~526,~~424~~563.6849 Ending Scheduled Collateral Balance ~~843~~835,~~526~~109,~~563~~655.4978 Ending Actual Collateral Balance at 3130-~~Aug~~Sep-2002 ~~843~~835,~~526~~109,~~563~~655.4978 Monthly P &I Constant 6,~~797~~750,~~345~~974.8504 Special Servicing Fee 0.00 Prepayment Penalties 72138,~~793~~740.2103 Realized Loss Amount 042,025.0059 Cumulative Realized Loss 042,025.0059 Ending Scheduled Balance for Premium Loans ~~843~~835,~~526~~109,~~563~~655.4978 Scheduled Principal ~~573~~574,~~835~~168.4640 Unscheduled Principal 57,~~690~~842,~~025~~739.7331 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 15,004,019.00 Overcollateralized Amount 610,~~980~~381,~~828~~268.9389 Overcollateralized Deficiency Amount 84,~~023~~622,~~190~~750.0711 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 3,~~400~~515,~~439~~784.9658 Excess Cash Amount 3,~~400~~515,~~439~~784.9658

Miscellaneous Reporting Credit Enhancement Percentage 1718.~~599590~~1841580% Payment under the CAP Agreement $0.00 A1 PTR for next Distribution Date 2.~~12313~~10% A2 PTR for next Distribution Date 2.~~13313~~11% B PTR for next Distribution Date 3.~~97313~~95% M1 PTR for next Distribution Date 2.~~52313~~50% M2 PTR for next Distribution Date 2.~~95313~~93% Prefunding Account Balance $0.00 Subsequent Transfer Amount $0.00

Group Level Collateral Statement Group 1 2 Total Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed & Mixed ARM Weighted Average Coupon Rate 8.~~661384~~656781 8.~~915365~~917924 8.~~788299~~787117 Weighted Average Net Rate 8.~~161384~~156781 8.~~415365~~417924 8.~~288299~~287117 Weighted Average Maturity ~~345~~344 ~~350~~349 ~~345~~344 Beginning Loan Count 2,~~563~~547 3,~~523~~503 6,~~086~~050 Loans Paid In Full 1625 2025 3650 Ending Loan Count 2,~~547~~522 3,~~503~~478 6,~~050~~000 Beginning Scheduled Balance ~~425~~422,~~148~~524,~~037~~267.6964 ~~424~~421,~~642~~002,~~386~~295.9985 ~~849~~843,~~790~~526,~~424~~563.6849 Ending scheduled Balance ~~422~~418,~~524~~497,~~267~~337.6494 ~~421~~416,~~002~~612,~~295~~317.8584 ~~843~~835,~~526~~109,~~563~~655.4978 Record Date 0809/3130/2002 0809/3130/2002 0809/3130/2002 Principal And Interest Constant 3,~~379~~359,~~907~~781.1868 3,~~417~~391,~~438~~192.6736 6,~~797~~750,~~345~~974.8504 Scheduled Principal 311,~~265~~698.1719 262,~~570~~470.2921 ~~573~~574,~~835~~168.4640 Unscheduled Principal 23,~~312~~715,~~504~~231.8851 34,~~377~~127,~~520~~507.8580 57,~~690~~842,~~025~~739.7331 Scheduled Interest 3,~~141~~186,~~435~~823.2252 3,~~154~~128,~~868~~722.3815 6,~~296~~315,~~303~~545.6067 Servicing Fees ~~177~~176,~~145~~051.0278 ~~176~~175,~~934~~417.3764 ~~354~~351,~~079~~469.3942 Master Servicing Fees 0.00 0.00 0.00 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 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 23,~~964~~010,~~290~~771.2074 2,~~977~~953,~~934~~304.0151 5,~~942~~964,~~224~~076.2125 Realized Loss Amount 0.00 042,025.0059 042,025.0059 Cumulative Realized Loss 0.00 042,025.0059 042,025.0059 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.~~161384~~550813 8.~~415365~~417924 8.~~247425~~246893

Filing Compare · ASSET BACKED PASS THROUGH CERTIFICATES SERIES 2002 HE2