8-K 1 opt02005.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 25, 2002 OPTION ONE MORTGAGE ACCEPTANCE CORPORATION Asset-Backed Certificates, Series 2002-5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-82832-04 Pooling and Servicing Agreement) (Commission 52-2365717 (State or other File Number) 52-2365718 jurisdiction 52-2365719 of Incorporation) 52-2365720 52-2365721 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 25, 2002 a distribution was made to holders of OPTION ONE MORTGAGE ACCEPTANCE CORPORATION, Asset-Backed 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 Asset-Backed Certificates, Series 2002-5 Trust, relating to the October 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 ACCEPTANCE CORPORATION Asset-Backed Certificates, Series 2002-5 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 11/1/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset-Backed Certificates, Series 2002-5 Trust,relating to the October 25, 2002 distribution.

Option One Mortgage Loan Trust ~~Mortgage Pass~~Asset-~~Through~~Backed Certificates Record Date: 89/3130/02 ~~Distribution Date: 9~~10/25/02 Distribution Date: OOMC Series: 2002-5 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 OPT0205A1 SEN 1.~~91000~~91375% ~~303~~300,~~225~~992,~~505~~285.8087 ~~482~~480,~~633~~019.9399 2,~~233~~321,~~219~~798.9378 S1 OPT0205S1 SEN 6.00000% 0.00 187,500.00 0.00 A2 68389FCR3 SEN 2.~~06000~~06375% ~~202~~201,~~002~~172,~~469~~203.4741 ~~346~~345,~~770~~974.9128 ~~830~~1,~~266~~337,454.0622 S2 68389FCS1 SEN 6.00000% 0.00 125,000.00 0.00 M1 68389FCT9 MEZ 2.~~38000~~38375% 40,625,000.00 80,~~572~~699.9287 0.00 M2 68389FCU6 MEZ 2.~~96000~~96375% 34,375,000.00 84,~~791~~899.6709 0.00 M3 68389FCV4 MEZ 3.~~51000~~51375% 20,312,000.00 59,~~412~~476.6008 0.00 M4 68389FCW2 MEZ 3.~~86000~~86375% 9,375,000.00 30,~~156~~185.2555 0.00 B 68389FCX0 MEZ 6.80000% 10,938,000.00 61,982.00 0.00 C OPT02005C JUN 0.00000% 3,125,000.00 2,~~125~~974,~~047~~755.0347 0.00 R1 OPT0205R1 JUN 0.00000% 0.00 0.00 0.00 R2 OPT0205R2 JUN 0.00000% 0.00 0.00 0.00 R3 OPT0205R3 JUN 0.00000% 0.00 0.00 0.00 R4 OPT0205R4 JUN 0.00000% 0.00 0.00 0.00 R5 OPT0205R5 JUN 0.00000% 0.00 0.00 0.00 P OPT02005P JUN 0.00000% 100.00 1360,~~172~~581.7461 0.00 Totals ~~623~~620,~~978~~914,~~075~~589.2728 34,~~597~~491,~~040~~073.0594 3,~~063~~659,~~485~~253.9900

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 ~~300~~298,~~992~~670,~~285~~487.8709 2,~~715~~801,~~853~~818.8677 0.00 S1 0.00 0.00 187,500.00 0.00 A2 0.00 ~~201~~199,~~172~~834,~~203~~749.4119 1,~~177~~683,~~036~~428.9750 0.00 S2 0.00 0.00 125,000.00 0.00 M1 0.00 40,625,000.00 80,~~572~~699.9287 0.00 M2 0.00 34,375,000.00 84,~~791~~899.6709 0.00 M3 0.00 20,312,000.00 59,~~412~~476.6008 0.00 M4 0.00 9,375,000.00 30,~~156~~185.2555 0.00 B 0.00 10,938,000.00 61,982.00 0.00 C 0.00 3,125,000.00 2,~~125~~974,~~047~~755.0347 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 R4 0.00 0.00 0.00 0.00 R5 0.00 0.00 0.00 0.00 P 0.00 100.00 1360,~~172~~581.7461 0.00 Totals 0.00 ~~620~~617,~~914~~255,~~589~~336.28 68,~~660~~150,~~526~~326.0494 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 303,750,000.00 ~~303~~300,~~225~~992,~~505~~285.8087 0.00 2,~~233~~321,~~219~~798.9378 0.00 0.00 S1 0.00 0.00 0.00 0.00 0.00 0.00 A2 202,500,000.00 ~~202~~201,~~002~~172,~~469~~203.4741 0.00 ~~830~~1,~~266~~337,454.0622 0.00 0.00 S2 0.00 0.00 0.00 0.00 0.00 0.00 M1 40,625,000.00 40,625,000.00 0.00 0.00 0.00 0.00 M2 34,375,000.00 34,375,000.00 0.00 0.00 0.00 0.00 M3 20,312,000.00 20,312,000.00 0.00 0.00 0.00 0.00 M4 9,375,000.00 9,375,000.00 0.00 0.00 0.00 0.00 B 10,938,000.00 10,938,000.00 0.00 0.00 0.00 0.00 C 3,124,900.00 3,125,000.00 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 R4 0.00 0.00 0.00 0.00 0.00 0.00 R5 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 625,000,000.00 ~~623~~620,~~978~~914,~~075~~589.2728 0.00 3,~~063~~659,~~485~~253.9900 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 2,~~233~~321,~~219~~798.9378 ~~300~~298,~~992~~670,~~285~~487.8709 0.~~99092111~~98327732 2,~~233~~321,~~219~~798.9378 S1 0.00 0.00 0.00000000 0.00 A2 ~~830~~1,~~266~~337,454.0622 ~~201~~199,~~172~~834,~~203~~749.4119 0.~~99344298~~98683827 ~~830~~1,~~266~~337,454.0622 S2 0.00 0.00 0.00000000 0.00 M1 0.00 40,625,000.00 1.00000000 0.00 M2 0.00 34,375,000.00 1.00000000 0.00 M3 0.00 20,312,000.00 1.00000000 0.00 M4 0.00 9,375,000.00 1.00000000 0.00 B 0.00 10,938,000.00 1.00000000 0.00 C 0.00 3,125,000.00 1.00003200 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 R4 0.00 0.00 0.00000000 0.00 R5 0.00 0.00 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 Totals 3,~~063~~659,~~485~~253.9900 ~~620~~617,~~914~~255,~~589~~336.28 0.~~99346334~~98760854 3,~~063~~659,~~485~~253.9900

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 303,750,000.00 ~~998~~990.~~27327012~~92110574 0.00000000 7.~~35216438~~64378199 0.00000000 S1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A2 202,500,000.00 ~~997~~993.~~54305911~~44297980 0.00000000 46.~~10007931~~60471220 0.00000000 S2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 40,625,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 34,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 20,312,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 9,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 10,938,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 3,124,900.00 1000.03200102 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 R4 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R5 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 7.~~35216438~~64378199 ~~990~~983.~~92110574~~27732375 0.~~99092111~~98327732 7.~~35216438~~64378199 S1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 0.00000000 46.~~10007931~~60471220 ~~993~~986.~~44297980~~83826760 0.~~99344298~~98683827 46.~~10007931~~60471220 S2 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 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.03200102 1.00003200 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 R4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R5 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 303,750,000.00 1.~~91000~~91375% ~~303~~300,~~225~~992,~~505~~285.8087 ~~482~~480,~~633~~019.9399 0.00 0.00 S1 0.00 6.00000% 37,500,000.00 187,500.00 0.00 0.00 A2 202,500,000.00 2.~~06000~~06375% ~~202~~201,~~002~~172,~~469~~203.4741 ~~346~~345,~~770~~974.9128 0.00 0.00 S2 0.00 6.00000% 25,000,000.00 125,000.00 0.00 0.00 M1 40,625,000.00 2.~~38000~~38375% 40,625,000.00 80,~~572~~699.9287 0.00 0.00 M2 34,375,000.00 2.~~96000~~96375% 34,375,000.00 84,~~791~~899.6709 0.00 0.00 M3 20,312,000.00 3.~~51000~~51375% 20,312,000.00 59,~~412~~476.6008 0.00 0.00 M4 9,375,000.00 3.~~86000~~86375% 9,375,000.00 30,~~156~~185.2555 0.00 0.00 B 10,938,000.00 6.80000% 10,938,000.00 61,982.00 0.00 0.00 C 3,124,900.00 0.00000% 3,125,000.00 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 R4 0.00 0.00000% 0.00 0.00 0.00 0.00 R5 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 625,000,000.00 1,~~458~~455,~~820~~736.2886 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 ~~482~~480,~~633~~019.9399 0.00 ~~300~~298,~~992~~670,~~285~~487.8709 S1 0.00 0.00 187,500.00 0.00 37,500,000.00 A2 0.00 0.00 ~~346~~345,~~770~~974.9128 0.00 ~~201~~199,~~172~~834,~~203~~749.4119 S2 0.00 0.00 125,000.00 0.00 25,000,000.00 M1 0.00 0.00 80,~~572~~699.9287 0.00 40,625,000.00 M2 0.00 0.00 84,~~791~~899.6709 0.00 34,375,000.00 M3 0.00 0.00 59,~~412~~476.6008 0.00 20,312,000.00 M4 0.00 0.00 30,~~156~~185.2555 0.00 9,375,000.00 B 0.00 0.00 61,982.00 0.00 10,938,000.00 C 0.00 0.00 2,~~125~~974,~~047~~755.0347 0.00 3,125,000.00 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 R4 0.00 0.00 0.00 0.00 0.00 R5 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 1360,~~172~~581.7461 0.00 100.00 Totals 0.00 0.00 34,~~597~~491,~~040~~073.0594 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 303,750,000.00 1.~~91000~~91375% ~~998~~990.~~27327012~~92110574 1.~~58891829~~58031272 0.00000000 0.00000000 S1 0.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 A2 202,500,000.00 2.~~06000~~06375% ~~997~~993.~~54305911~~44297980 1.~~71244894~~70851496 0.00000000 0.00000000 S2 0.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 M1 40,625,000.00 2.~~38000~~38375% 1000.00000000 1.~~98333342~~98645834 0.00000000 0.00000000 M2 34,375,000.00 2.~~96000~~96375% 1000.00000000 2.~~46666676~~46979171 0.00000000 0.00000000 M3 20,312,000.00 3.~~51000~~51375% 1000.00000000 2.~~92500000~~92812525 0.00000000 0.00000000 M4 9,375,000.00 3.~~86000~~86375% 1000.00000000 3.~~21666667~~21979200 0.00000000 0.00000000 B 10,938,000.00 6.80000% 1000.00000000 5.66666667 0.00000000 0.00000000 C 3,124,900.00 0.00000% 1000.03200102 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 R4 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R5 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.~~58891829~~58031272 0.00000000 ~~990~~983.~~92110574~~27732375 S1 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 A2 0.00000000 0.00000000 1.~~71244894~~70851496 0.00000000 ~~993~~986.~~44297980~~83826760 S2 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 M1 0.00000000 0.00000000 1.~~98333342~~98645834 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.~~46666676~~46979171 0.00000000 1000.00000000 M3 0.00000000 0.00000000 2.~~92500000~~92812525 0.00000000 1000.00000000 M4 0.00000000 0.00000000 3.~~21666667~~21979200 0.00000000 1000.00000000 B 0.00000000 0.00000000 5.66666667 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~680~~951.~~03681078~~95221287 0.00000000 1000.03200102 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 R4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 ~~31727~~605816.~~40000000~~10000000 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 68,~~877~~380,~~696~~614.6593 Liquidations, Insurance Proceeds, Reserve Funds 1.1007 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Prepayment Penalties 1360,~~172~~581.7461 Total Deposits 68,~~890~~441,~~870~~197.4961 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~230~~290,~~344~~870.4567 Payment of Interest and Principal 68,~~660~~150,~~526~~326.0494 Total Withdrawals (Pool Distribution Amount) 68,~~890~~441,~~870~~197.4961 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~196~~257,~~642~~408.0216 FHLMC Guarantee Fee 30,~~322~~099.5523 Wells Fargo 3,~~379~~363.8828 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~230~~290,~~344~~870.4567

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 0.00 0.00 0.00 Financial Guaranty 0.00 0.00 0.00 0.00 Reserve Fund 1,000.00 1.1007 1.1007 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 02 0 0 02 0330,416.0087 0.00 0.00 0330,416.0087 30 Days 224 0 10 0 324 ~~523~~3,~~164~~508,562.5995 0.00 ~~188,700~~0.00 0.00 ~~711~~3,~~864~~508,562.5995 60 Days 0 0 20 0 20 0.00 0.00 ~~313,088~~0.0200 0.00 ~~313,088~~0.0200 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 24 2 0 3 0 526 ~~523~~3,~~164~~508,562.5995 330,416.87 0.00 ~~501,788.02~~ 0.00 13,~~024~~838,~~952~~979.6182 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~~047026% 0.000000% 0.000000% 0.~~000000~~047026% 0.~~000000~~053790% 0.000000% 0.000000% 0.~~000000~~053790% 30 Days 0.~~061538~~564308% 0.000000% 0.~~030769~~000000% 0.000000% 0.~~092308~~564308% 0.~~111554~~571174% 0.000000% 0.~~040236~~000000% 0.000000% 0.~~151791~~571174% 60 Days 0.000000% 0.000000% 0.~~061538~~000000% 0.000000% 0.~~061538~~000000% 0.000000% 0.000000% 0.~~066760~~000000% 0.000000% 0.~~066760~~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.~~061538~~564308% 0.~~000000~~047026% 0.~~092308~~000000% 0.000000% 0.~~153846~~611333% 0.~~111554~~571174% 0.~~000000~~053790% 0.~~106996~~000000% 0.000000% 0.~~218551~~624964%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~40,273~~0.0700

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 8.~~750547~~744913% Weighted Average Net Coupon 8.~~250546~~244912% Weighted Average Pass-Through Rate 8.~~241952~~196784% Weighted Average Maturity(Stepdown Calculation ) ~~353~~352 Beginning Scheduled Collateral Loan Count 3,~~263~~250 Number Of Loans Paid In Full 1318 Ending Scheduled Collateral Loan Count 34,~~250~~253 Beginning Scheduled Collateral Balance ~~471~~468,~~940~~877,~~534~~048.7879 Ending Scheduled Collateral Balance ~~468~~614,~~877~~120,~~048~~373.7964 Ending Actual Collateral Balance at 3130-~~Aug~~Sep-2002 ~~468~~614,~~977~~272,~~378~~631.2550 Monthly P &I Constant 34,~~737~~897,~~967~~645.3963 Special Servicing Fee 0.00 Prepayment Penalties 1360,~~172~~581.7461 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~468~~614,~~877~~120,~~048~~373.7964 Scheduled Principal ~~296~~395,~~519~~621.3961 Unscheduled Principal 23,~~766~~263,~~966~~631.6039

Credit Enhancement Percentage 19.~~1250136573~~2383918000% Net WAC Carryover Amount 0.00 Max Cap Rate 14.~~7272073050~~7547136726% 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 23,~~766~~263,~~966~~631.6039 Unscheduled Principal - Involuntary 0.00 # of Subsequent Mortgage Loans Purchased 01,021 Amount of Subsequent Mortgage Loans ~~Purchased~~Purchchased 0148,902,577.0085 Group 1 Pre-Funding Acct Begin Bal 93,720,801.58 Group 1I Pre-Funding Acct Dist Amount 0on 9/27/02 92,304,891.0047 Group 1I Pre-Funding Acct RI to Int Cov Acct. ~~112~~91,~~221~~464.2647 Group 1I Pre-Funding Acct End Bal 931,~~720~~415,~~801~~910.5811 Group 1I Int Cov Acct Begin Bal ~~453~~336,~~597~~035.4086 Group 1I Int Cov Acct Deposits ~~112~~91,~~960~~902.5479 Group 1I Int Cov Acct Release to Servicer ~~739~~on 9/27/02 218,917.2813 Group 1I Int Cov Acct Release to Servicer on 10/25/02 438.32 Group I Int Cov Acct Dist Amount to Bond ~~229~~117,~~782~~118.8073 Group 1I Int Cov Acct End Bal ~~336~~91,~~035~~464.8647 Group 2 Pre-Funding Acct Begin Bal 58,316,738.91 Group 2 Pre-Funding Acct Dist Amount 0on 9/27/02 56,597,686.0038 Group 2 Pre-Funding Acct RI to Int Cov Acct 6956,~~828~~945.4566 Group 2 Pre-Funding Acct End Bal 581,~~316~~719,~~738~~052.9153 Group 2 Int Cov Acct Begin Bal ~~282~~209,~~796~~644.2992 Group 2 Int Cov Acct Deposits 7057,~~289~~220.1209 Group 2 Int Cov Acct Release to Servicer ~~460~~on 9/27/02 107,425.6771 Group 2 Int Cov Acct Release to Servicer on 10/25/02 274.43 Group 2 Int Cov Acct Dist Amount to Bond ~~142~~102,~~979~~219.8221 Group 2 Int Cov Acct End Bal ~~209~~56,~~644~~945.9266

Miscellaneous Reporting General Excess Available Amt 2,~~125~~974,~~047~~755.0347 Extra Principal Distribution Amt 0.00 Overcollateralization Amt 3,125,000.00 Excess Overcollateralized Amt 0.00 Overcollateralization Deficit Amt 0.00 Overcollateralization Increase Amt 0.00 Overcollateralization Release Amt 0.00 Target Overcollateralization Amt 3,125,000.00

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 8.~~940900~~931930 8.~~781562~~778432 8.~~964739~~545471 Weighted Average Net Rate 8.~~440900~~431931 8.~~281562~~278432 8.~~464740~~045472 Weighted Average Maturity ~~353~~352 ~~353~~352 ~~353~~352 Beginning Loan Count ~~336~~333 1,~~834~~826 171 Loans Paid In Full 31 812 01 Ending Loan Count ~~333~~472 12,~~826~~380 ~~171~~252 Beginning Scheduled Balance 35,~~794~~461,~~776~~464.6458 ~~244~~243,~~959~~060,~~978~~071.9003 22,~~072~~053,~~759~~869.0334 Ending scheduled Balance 3550,~~461~~190,~~464~~397.5808 ~~243~~318,~~060~~314,~~071~~231.03 22 33,~~053~~732,~~869~~458.3480 Record Date 0809/3130/2002 0809/3130/2002 0809/3130/2002 Principal And Interest Constant ~~297~~418,~~273~~435.2578 12,~~938~~535,~~396~~741.2645 ~~182~~274,~~268~~295.8689 Scheduled Principal 3043,~~575~~720.3241 ~~145~~191,~~786~~288.8534 1730,~~371~~282.7523 Unscheduled Principal ~~302~~108,~~736~~692.7418 1,~~754~~978,~~121~~097.0285 1502,~~517~~942.9404 Scheduled Interest ~~266~~374,~~697~~715.9337 12,~~792~~344,~~609~~453.4111 ~~164~~244,~~897~~013.1166 Servicing Fees 1420,~~914~~976.6117 ~~102~~133,~~066~~534.6582 914,~~197~~277.0035 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee ~~193~~272.9071 1,~~834~~743.5160 ~~119~~185.5762 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 ~~251~~353,~~783~~739.4324 12,~~690~~210,~~542~~918.7230 ~~155~~229,~~700~~736.1433 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 Pass-Through Rate 8.~~434398~~425429 8.~~272575~~271904 8.~~458239~~038971

Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 8.~~637373~~682269 8.~~750547~~744913 Weighted Average Net Rate 8.~~137372~~182268 8.~~250546~~244912 Weighted Average Maturity ~~353~~352 ~~353~~352 Beginning Loan Count ~~922~~920 3,~~263~~250 Loans Paid In Full 24 1318 Ending Loan Count ~~920~~1,149 34,~~250~~253 Beginning Scheduled Balance ~~169~~168,~~113~~301,~~020~~643.2184 ~~471~~468,~~940~~877,~~534~~048.7879 Ending scheduled Balance ~~168~~211,~~301~~883,~~643~~286.8454 ~~468~~614,~~877~~120,~~048~~373.7964 Record Date 0809/3130/2002 0809/3130/2002 Principal And Interest Constant 1,~~320~~669,~~029~~172.0251 34,~~737~~897,~~967~~645.3963 Scheduled Principal ~~102~~130,~~785~~330.4763 ~~296~~395,~~519~~621.3961 Unscheduled Principal ~~708~~673,~~590~~899.9032 23,~~766~~263,~~966~~631.6039 Scheduled Interest 1,~~217~~538,~~243~~841.5588 34,~~441~~502,~~448~~024.0002 Servicing Fees 7088,~~463~~619.7682 ~~196~~257,~~642~~408.0216 Master Servicing Fees 0.00 0.00 Trustee Fee 1,~~231~~161.9035 3,~~379~~363.8828 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 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 1,~~146~~450,~~779~~221.6986 34,244,~~805~~615.9873 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 Fee 0.00 0.00 Pass-Through Rate 8.~~128631~~175715 8.~~241952~~196784

Filing Compare · OPTION ONE MORTGAGE LOAN TR ASSET BACKED CERT SER 2002-5