8-K 1 mam02003.txt NOVEMBER 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): November 25, 2002 MASTR ADJUSTABLE RATE MORTGAGES TRUST Mortgage Pass-Through Certificates, Series 2002-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-75724-10 Pooling and Servicing Agreement) (Commission 06-1649235 (State or other File Number) 52-2379800 jurisdiction IRS EIN 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 November 25, 2002 a distribution was made to holders of MASTR ADJUSTABLE RATE MORTGAGES TRUST, Mortgage Pass-Through 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 Mortgage Pass-Through Certificates, Series 2002-3 Trust, relating to the November 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. MASTR ADJUSTABLE RATE MORTGAGES TRUST Mortgage Pass-Through Certificates, Series 2002-3 Trust By: Wells Fargo Bank Minnesota, N.A., as Master Servicer By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 12/4/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-3 Trust, relating to the November 25, 2002 distribution. EX-99.1

Mortgage Asset Securitization Transactions, Inc Mortgage Pass-Through Certificates Record Date: 910/3031/02 1011/25/02 Distribution Date: MARM 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 1-A-1 576433BH8 SEQ 5.~~55871~~57514% ~~132~~125,~~795~~289,~~708~~479.3006 ~~615~~582,~~144~~088.4717 79,~~506~~607,~~229~~994.2309 2-A-1 576433BJ4 SEQ 5.75000% 9894,~~012~~739,~~808~~064.6010 ~~469~~453,~~644~~958.7102 3,~~273~~858,~~744~~823.5037 2-A-2 576433BK1 IO 0.~~23926~~27247% 0.00 1921,~~542~~511.4449 0.00 3-A-1 576433BL9 SEQ 5.~~83428~~82297% 4948,~~383~~140,~~642~~447.7289 ~~240~~233,~~098~~600.3218 13,~~243~~493,~~194~~995.8373 4-A-1 576433BM7 SEQ 6.~~20626~~19903% ~~163~~147,~~875~~790,~~020~~724.5120 ~~847~~763,~~541~~466.9845 1612,~~084~~338,~~296~~432.3183 B-1 576433BQ8 SUB 5.~~92724~~93540% 8,~~799~~791,~~929~~761.8842 43,~~466~~485.0650 8,~~168~~222.4686 B-2 576433BR6 SUB 5.~~92724~~93540% 3,~~421~~418,~~861~~685.9261 16,~~901~~909.8238 3,~~176~~197.3147 B-3 576433BS4 SUB 5.~~92724~~93540% 2,~~933~~930,~~309~~587.9614 14,~~488~~495.6917 2,~~722~~740.8295 B-4 576433BT2 SUB 5.~~92724~~93540% ~~978~~977,~~103~~195.0110 4,~~831~~833.2137 ~~907~~913.9296 B-5 576433BU9 SUB 5.~~92724~~93540% ~~978~~977,~~103~~195.0110 4,~~831~~833.2137 ~~907~~913.9296 B-6 576433BV7 SUB 5.~~92724~~93540% 1,~~222~~221,~~732~~597.8990 6,~~039~~042.5222 1,~~134~~142.9955 A-R 576433BN5 SEQ 6.~~20626~~21880% 0.00 0.00 0.00 A-LR 576433BP0 SEQ 6.~~20626~~21880% 0.00 0.00 0.00 Totals ~~462~~434,~~401~~276,~~220~~737.8052 2,~~282~~145,~~530~~223.4332 2829,~~124~~316,~~483~~377.2977

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 ~~125~~115,~~289~~681,~~479~~484.0698 810,~~121~~190,~~373~~082.7026 0.00 2-A-1 0.00 9490,~~739~~880,~~064~~240.1072 34,~~743~~312,~~389~~781.2139 0.00 2-A-2 0.00 0.00 1921,~~542~~511.4449 0.00 3-A-1 0.00 4844,~~140~~646,~~447~~452.8916 13,~~483~~727,~~293~~595.1591 0.00 4-A-1 0.00 ~~147~~135,~~790~~452,~~724~~291.2037 1613,~~931~~101,~~838~~899.2928 0.00 B-1 0.00 8,~~791~~783,~~761~~538.4256 51,~~634~~708.5236 0.00 B-2 0.00 3,~~418~~415,~~685~~488.6114 20,~~078~~106.1385 0.00 B-3 0.00 2,~~930~~927,~~587~~846.1419 17,~~211~~236.5112 0.00 B-4 0.00 ~~977~~976,~~195~~281.1014 5,~~739~~747.1333 0.00 B-5 0.00 ~~977~~976,~~195~~281.1014 5,~~739~~747.1333 0.00 B-6 0.00 1,~~221~~220,~~597~~455.9035 7,~~174~~184.5177 0.00 A-R 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 Totals 0.00 ~~434~~404,~~276~~960,~~737~~359.5275 3031,~~407~~461,~~013~~601.7209 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) 1-A-1 138,112,000.00 ~~132~~125,~~795~~289,~~708~~479.3006 ~~142~~136,~~544~~058.7580 79,~~363~~471,~~684~~935.4829 0.00 0.00 2-A-1 103,409,000.00 9894,~~012~~739,~~808~~064.6010 9391,~~861~~353.8189 3,~~179~~767,~~882~~469.6948 0.00 0.00 2-A-2 0.00 0.00 0.00 0.00 0.00 0.00 3-A-1 52,582,000.00 4948,~~383~~140,~~642~~447.7289 49,~~890~~064.4982 13,~~193~~444,~~304~~930.3491 0.00 0.00 4-A-1 176,882,000.00 ~~163~~147,~~875~~790,~~020~~724.5120 ~~126~~114,~~735~~665.3431 1512,~~957~~223,~~560~~767.9752 0.00 0.00 B-1 8,808,000.00 8,~~799~~791,~~929~~761.8842 8,~~168~~222.4686 0.00 0.00 0.00 B-2 3,425,000.00 3,~~421~~418,~~861~~685.9261 3,~~176~~197.3147 0.00 0.00 0.00 B-3 2,936,000.00 2,~~933~~930,~~309~~587.9614 2,~~722~~740.8295 0.00 0.00 0.00 B-4 979,000.00 ~~978~~977,~~103~~195.0110 ~~907~~913.9296 0.00 0.00 0.00 B-5 979,000.00 ~~978~~977,~~103~~195.0110 ~~907~~913.9296 0.00 0.00 0.00 B-6 1,223,856.63 1,~~222~~221,~~732~~597.8990 1,~~134~~142.9955 0.00 0.00 0.00 A-R 50.00 0.00 0.00 0.00 0.00 0.00 A-LR 50.00 0.00 0.00 0.00 0.00 0.00 Totals 489,335,956.63 ~~462~~434,~~401~~276,~~220~~737.8052 ~~430~~408,~~050~~274.8157 2728,~~694~~908,~~432~~103.4820 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 1-A-1 79,~~506~~607,~~229~~994.2309 ~~125~~115,~~289~~681,~~479~~484.0698 0.~~90715853~~83759185 79,~~506~~607,~~229~~994.2309 2-A-1 3,~~273~~858,~~744~~823.5037 9490,~~739~~880,~~064~~240.1072 0.~~91615879~~87884266 3,~~273~~858,~~744~~823.5037 2-A-2 0.00 0.00 0.00000000 0.00 3-A-1 13,~~243~~493,~~194~~995.8373 4844,~~140~~646,~~447~~452.8916 0.~~91553094~~84908243 13,~~243~~493,~~194~~995.8373 4-A-1 1612,~~084~~338,~~296~~432.3183 ~~147~~135,~~790~~452,~~724~~291.2037 0.~~83553286~~76577770 1612,~~084~~338,~~296~~432.3183 B-1 8,~~168~~222.4686 8,~~791~~783,~~761~~538.4256 0.~~99815638~~99722282 8,~~168~~222.4686 B-2 3,~~176~~197.3147 3,~~418~~415,~~685~~488.6114 0.~~99815638~~99722281 3,~~176~~197.3147 B-3 2,~~722~~740.8295 2,~~930~~927,~~587~~846.1419 0.~~99815638~~99722282 2,~~722~~740.8295 B-4 ~~907~~913.9296 ~~977~~976,~~195~~281.1014 0.~~99815638~~99722282 ~~907~~913.9296 B-5 ~~907~~913.9296 ~~977~~976,~~195~~281.1014 0.~~99815638~~99722282 ~~907~~913.9296 B-6 1,~~134~~142.9955 1,~~221~~220,~~597~~455.9035 0.~~99815442~~99722085 1,~~134~~142.9955 A-R 0.00 0.00 0.00000000 0.00 A-LR 0.00 0.00 0.00000000 0.00 Totals 2829,~~124~~316,~~483~~377.2977 ~~434~~404,~~276~~960,~~737~~359.5275 0.~~88748176~~82757123 2829,~~124~~316,~~483~~377.2977

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 138,112,000.00 ~~961~~907.~~50738748~~15853119 10.~~03209533~~98513380 5368.~~31676089~~58155186 0.00000000 2-A-1 103,409,000.00 ~~947~~916.~~81700432~~15878792 0.~~90767544~~88342301 3036.~~75054096~~43270392 0.00000000 2-A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 52,582,000.00 ~~939~~915.~~17391351~~53094006 0.~~94881309~~93311057 2265.~~69416036~~51540280 0.00000000 4-A-1 176,882,000.00 ~~926~~835.~~46521698~~53286485 0.~~71649653~~64825878 9069.~~21585560~~10690472 0.00000000 B-1 8,808,000.00 ~~999~~998.~~08377384~~15638283 0.~~92739101~~93356721 0.00000000 0.00000000 B-2 3,425,000.00 ~~999~~998.~~08377226~~15638248 0.~~92738978~~93356788 0.00000000 0.00000000 B-3 2,936,000.00 ~~999~~998.~~08377384~~15638283 0.~~92739101~~93356608 0.00000000 0.00000000 B-4 979,000.00 ~~999~~998.~~08376915~~15638407 0.~~92739530~~93356486 0.00000000 0.00000000 B-5 979,000.00 ~~999~~998.~~08376915~~15638407 0.~~92739530~~93356486 0.00000000 0.00000000 B-6 1,223,856.63 ~~999~~998.~~08180421~~15441618 0.~~92738804~~93356523 0.00000000 0.00000000 A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 0.00000000 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 1-A-1 0.00000000 5469.~~34885622~~56668566 ~~907~~837.~~15853119~~59184560 0.~~90715853~~83759185 5469.~~34885622~~56668566 2-A-1 0.00000000 3137.~~65821640~~31612693 ~~916~~878.~~15878792~~84266089 0.~~91615879~~87884266 3137.~~65821640~~31612693 2-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-A-1 0.00000000 2366.~~64297345~~44851337 ~~915~~849.~~53094006~~08242669 0.~~91553094~~84908243 2366.~~64297345~~44851337 4-A-1 0.00000000 9069.~~93235213~~75516350 ~~835~~765.~~53286485~~77770135 0.~~83553286~~76577770 9069.~~93235213~~75516350 B-1 0.00000000 0.~~92739101~~93356721 ~~998~~997.~~15638283~~22281562 0.~~99815638~~99722282 0.~~92739101~~93356721 B-2 0.00000000 0.~~92738978~~93356788 ~~998~~997.~~15638248~~22281460 0.~~99815638~~99722281 0.~~92738978~~93356788 B-3 0.00000000 0.~~92739101~~93356608 ~~998~~997.~~15638283~~22281676 0.~~99815638~~99722282 0.~~92739101~~93356608 B-4 0.00000000 0.~~92739530~~93356486 ~~998~~997.~~15638407~~22281920 0.~~99815638~~99722282 0.~~92739530~~93356486 B-5 0.00000000 0.~~92739530~~93356486 ~~998~~997.~~15638407~~22281920 0.~~99815638~~99722282 0.~~92739530~~93356486 B-6 0.00000000 0.~~92738804~~93356523 ~~998~~997.~~15441618~~22085094 0.~~99815442~~99722085 0.~~92738804~~93356523 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 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 1-A-1 138,112,000.00 5.~~55871~~57514% ~~132~~125,~~795~~289,~~708~~479.3006 ~~615~~582,~~144~~088.4717 0.00 0.00 2-A-1 103,409,000.00 5.75000% 9894,~~012~~739,~~808~~064.6010 ~~469~~453,~~644~~958.7102 0.00 0.00 2-A-2 0.00 0.~~23926~~27247% 9894,~~012~~739,~~808~~064.6010 1921,~~542~~511.4449 0.00 0.00 3-A-1 52,582,000.00 5.~~83428~~82297% 4948,~~383~~140,~~642~~447.7289 ~~240~~233,~~098~~600.3218 0.00 0.00 4-A-1 176,882,000.00 6.~~20626~~19903% ~~163~~147,~~875~~790,~~020~~724.5120 ~~847~~763,~~541~~466.9845 0.00 0.00 B-1 8,808,000.00 5.~~92724~~93540% 8,~~799~~791,~~929~~761.8842 43,~~466~~485.0650 0.00 0.00 B-2 3,425,000.00 5.~~92724~~93540% 3,~~421~~418,~~861~~685.9261 16,~~901~~909.8238 0.00 0.00 B-3 2,936,000.00 5.~~92724~~93540% 2,~~933~~930,~~309~~587.9614 14,~~488~~495.6917 0.00 0.00 B-4 979,000.00 5.~~92724~~93540% ~~978~~977,~~103~~195.0110 4,~~831~~833.2137 0.00 0.00 B-5 979,000.00 5.~~92724~~93540% ~~978~~977,~~103~~195.0110 4,~~831~~833.2137 0.00 0.00 B-6 1,223,856.63 5.~~92724~~93540% 1,~~222~~221,~~732~~597.8990 6,~~039~~042.5222 0.00 0.00 A-R 50.00 6.~~20626~~21880% 0.00 0.00 0.00 0.00 A-LR 50.00 6.~~20626~~21880% 0.00 0.00 0.00 0.00 Totals 489,335,956.63 2,~~282~~145,~~530~~223.4332 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 1-A-1 0.00 0.00 ~~615~~582,~~144~~088.4717 0.00 ~~125~~115,~~289~~681,~~479~~484.0698 2-A-1 0.00 0.00 ~~469~~453,~~644~~958.7102 0.00 9490,~~739~~880,~~064~~240.1072 2-A-2 0.00 0.00 1921,~~542~~511.4449 0.00 9490,~~739~~880,~~064~~240.1072 3-A-1 0.00 0.00 ~~240~~233,~~098~~600.3218 0.00 4844,~~140~~646,~~447~~452.8916 4-A-1 0.00 0.00 ~~847~~763,~~541~~466.9845 0.00 ~~147~~135,~~790~~452,~~724~~291.2037 B-1 0.00 0.00 43,~~466~~485.0650 0.00 8,~~791~~783,~~761~~538.4256 B-2 0.00 0.00 16,~~901~~909.8238 0.00 3,~~418~~415,~~685~~488.6114 B-3 0.00 0.00 14,~~488~~495.6917 0.00 2,~~930~~927,~~587~~846.1419 B-4 0.00 0.00 4,~~831~~833.2137 0.00 ~~977~~976,~~195~~281.1014 B-5 0.00 0.00 4,~~831~~833.2137 0.00 ~~977~~976,~~195~~281.1014 B-6 0.00 0.00 6,~~039~~042.5222 0.00 1,~~221~~220,~~597~~455.9035 A-R 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,~~282~~145,~~530~~223.4332 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 1-A-1 138,112,000.00 5.~~55871~~57514% ~~961~~907.~~50738748~~15853119 4.~~45395382~~21460966 0.00000000 0.00000000 2-A-1 103,409,000.00 5.75000% ~~947~~916.~~81700432~~15878792 4.~~54162317~~38992757 0.00000000 0.00000000 2-A-2 0.00 0.~~23926~~27247% ~~947~~916.~~81700432~~15878792 0.~~18898200~~20802338 0.00000000 0.00000000 3-A-1 52,582,000.00 5.~~83428~~82297% ~~939~~915.~~17391351~~53094006 4.~~56616941~~44258834 0.00000000 0.00000000 4-A-1 176,882,000.00 6.~~20626~~19903% ~~926~~835.~~46521698~~53286485 4.~~79156715~~31624727 0.00000000 0.00000000 B-1 8,808,000.00 5.~~92724~~93540% ~~999~~998.~~08377384~~15638283 4.~~93483878~~93704587 0.00000000 0.00000000 B-2 3,425,000.00 5.~~92724~~93540% ~~999~~998.~~08377226~~15638248 4.~~93483796~~93704526 0.00000000 0.00000000 B-3 2,936,000.00 5.~~92724~~93540% ~~999~~998.~~08377384~~15638283 4.~~93483992~~93704700 0.00000000 0.00000000 B-4 979,000.00 5.~~92724~~93540% ~~999~~998.~~08376915~~15638407 4.~~93484168~~93704801 0.00000000 0.00000000 B-5 979,000.00 5.~~92724~~93540% ~~999~~998.~~08376915~~15638407 4.~~93484168~~93704801 0.00000000 0.00000000 B-6 1,223,856.63 5.~~92724~~93540% ~~999~~998.~~08180421~~15441618 4.~~93482639~~93703253 0.00000000 0.00000000 A-R 50.00 6.~~20626~~21880% 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 50.00 6.~~20626~~21880% 0.00000000 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 1-A-1 0.00000000 0.00000000 4.~~45395382~~21460966 0.00000000 ~~907~~837.~~15853119~~59184560 2-A-1 0.00000000 0.00000000 4.~~54162317~~38992757 0.00000000 ~~916~~878.~~15878792~~84266089 2-A-2 0.00000000 0.00000000 0.~~18898200~~20802338 0.00000000 ~~916~~878.~~15878792~~84266089 3-A-1 0.00000000 0.00000000 4.~~56616941~~44258834 0.00000000 ~~915~~849.~~53094006~~08242669 4-A-1 0.00000000 0.00000000 4.~~79156715~~31624727 0.00000000 ~~835~~765.~~53286485~~77770135 B-1 0.00000000 0.00000000 4.~~93483878~~93704587 0.00000000 ~~998~~997.~~15638283~~22281562 B-2 0.00000000 0.00000000 4.~~93483796~~93704526 0.00000000 ~~998~~997.~~15638248~~22281460 B-3 0.00000000 0.00000000 4.~~93483992~~93704700 0.00000000 ~~998~~997.~~15638283~~22281676 B-4 0.00000000 0.00000000 4.~~93484168~~93704801 0.00000000 ~~998~~997.~~15638407~~22281920 B-5 0.00000000 0.00000000 4.~~93484168~~93704801 0.00000000 ~~998~~997.~~15638407~~22281920 B-6 0.00000000 0.00000000 4.~~93482639~~93703253 0.00000000 ~~998~~997.~~15441618~~22085094 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 3031,~~510~~562,~~665~~794.4409 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 2418,~~543~~795.1617 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 3031,~~535~~581,~~208~~589.6026 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~128~~119,~~194~~988.8817 Payment of Interest and Principal 3031,~~407~~461,~~013~~601.7209 Total Withdrawals (Pool Distribution Amount) 3031,~~535~~581,~~208~~589.6026 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~128~~119,~~194~~988.8817 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~128~~119,~~194~~988.8817

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 95 0 0 0 95 42,~~397~~196,~~013~~541.9394 0.00 0.00 0.00 42,~~397~~196,~~013~~541.9394 60 Days 02 0 0 0 02 01,143,764.0070 0.00 0.00 0.00 01,143,764.0070 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 97 0 0 0 97 43,~~397~~340,~~013~~306.9364 0.00 0.00 0.00 43,~~397~~340,~~013~~306.9364 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.~~932642~~551876% 0.000000% 0.000000% 0.000000% 0.~~932642~~551876% 10.~~011762~~541995% 0.000000% 0.000000% 0.000000% 10.~~011762~~541995% 60 Days 0.~~000000~~220751% 0.000000% 0.000000% 0.000000% 0.~~000000~~220751% 0.~~000000~~282223% 0.000000% 0.000000% 0.000000% 0.~~000000~~282223% 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.~~932642~~772627% 0.000000% 0.000000% 0.000000% 0.~~932642~~772627% 10.~~011762~~824217% 0.000000% 0.000000% 0.000000% 10.~~011762~~824217%

Delinquency Status By Groups

~~Delinquency Status By Groups~~ DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 62 0 0 0 6 2 883,~~993,632~~470.1614 0.00 0.00 0.00 2883,~~993,632~~470.1614 60 Days 01 0 0 0 01 0683,632.0073 0.00 0.00 0.00 0683,632.0073 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 63 0 0 0 63 21,~~993~~567,~~632~~102.1687 0.00 0.00 0.00 21,~~993~~567,~~632~~102.1687 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 20.~~214022~~784314% 0.000000% 0.000000% 0.000000% 20.~~214022~~784314% 20.~~289152~~729210% 0.000000% 0.000000% 0.000000% 20.~~289152~~729210% 60 Days 0.~~000000~~392157% 0.000000% 0.000000% 0.000000% 0.~~000000~~392157% 0.~~000000~~564266% 0.000000% 0.000000% 0.000000% 0.~~000000~~564266% 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 21.~~214022~~176471% 0.000000% 0.000000% 0.000000% 21.~~214022~~176471% 21.~~289152~~293475% 0.000000% 0.000000% 0.000000% 21.~~289152~~293475% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 1 0 0 0 1 ~~523~~346,~~265~~136.9745 0.00 0.00 0.00 ~~523~~346,~~265~~136.9745 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 1 0 0 0 1 ~~523~~346,~~265~~136.9745 0.00 0.00 0.00 ~~523~~346,~~265~~136.9745 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~436681~~454545% 0.000000% 0.000000% 0.000000% 0.~~436681~~454545% 0.~~529439~~364462% 0.000000% 0.000000% 0.000000% 0.~~529439~~364462% 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.~~436681~~454545% 0.000000% 0.000000% 0.000000% 0.~~436681~~454545% 0.~~529439~~364462% 0.000000% 0.000000% 0.000000% 0.~~529439~~364462% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 3 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 10 0 0 0 10 ~~333,800~~0.00 0.00 0.00 0.00 ~~333,800~~0.00 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 10 0 0 0 10 ~~333,800~~0.00 0.00 0.00 0.00 ~~333,800~~0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~769231~~000000% 0.000000% 0.000000% 0.000000% 0.~~769231~~000000% 0.~~664654~~000000% 0.000000% 0.000000% 0.000000% 0.~~664654~~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.~~769231~~000000% 0.000000% 0.000000% 0.000000% 0.~~769231~~000000% 0.~~664654~~000000% 0.000000% 0.000000% 0.000000% 0.~~664654~~000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 4 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 12 0 0 0 12 ~~546~~966,~~315~~935.8035 0.00 0.00 0.00 ~~546~~966,~~315~~935.8035 60 Days 01 0 0 0 01 0460,131.0097 0.00 0.00 0.00 0460,131.0097 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 13 0 0 0 13 ~~546~~1,~~315~~427,067.8032 0.00 0.00 0.00 ~~546~~1,~~315~~427,067.8032 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~298507~~647249% 0.000000% 0.000000% 0.000000% 0.~~298507~~647249% 0.~~353010~~678939% 0.000000% 0.000000% 0.000000% 0.~~353010~~678939% 60 Days 0.~~000000~~323625% 0.000000% 0.000000% 0.000000% 0.~~000000~~323625% 0.~~000000~~323084% 0.000000% 0.000000% 0.000000% 0.~~000000~~323084% 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.~~298507~~970874% 0.000000% 0.000000% 0.000000% 0.~~298507~~970874% 01.~~353010~~002023% 0.000000% 0.000000% 0.000000% 01.~~353010~~002023%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 2418,~~543~~795.1617

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 141,209.00 0.02885727% 141,209.00 0.~~03251590~~03486983% Fraud 9,786,719.00 1.99999998% 9,786,719.00 2.~~25356740~~41671037% Special Hazard 6,120,000.00 1.25067450% 6,120,000.00 1.~~40923966~~51125903% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 6.~~256191~~258908% Weighted Average Net Coupon 5.~~923506~~927355% Weighted Average Pass-Through Rate 5.~~923506~~927355% Weighted Average Maturity(Stepdown Calculation ) ~~355~~354 Beginning Scheduled Collateral Loan Count ~~1,019~~965 Number Of Loans Paid In Full 5459 Ending Scheduled Collateral Loan Count ~~965~~906 Beginning Scheduled Collateral Balance ~~462~~434,~~401~~276,~~220~~737.8051 Ending Scheduled Collateral Balance ~~434~~404,~~276~~960,~~737~~359.5175 Ending Actual Collateral Balance at 3031-~~Sep~~Oct-2002 ~~434~~405,~~589~~270,~~710~~101.3969 Monthly P &I Constant 2,~~840~~673,~~776~~485.1295 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~434~~404,~~276~~960,~~737~~359.5175 Scheduled Principal ~~430~~408,~~050~~274.8156 Unscheduled Principal 2728,~~694~~908,~~432~~103.4820

Miscellaneous Reporting Group 1 Senior % 9695.~~109692~~890442% Group 1 Junior % 34.~~890308~~109558% Group 1 Senior Prepayment % 100.000000% Group 2 Senior % 9695.~~055449~~928442% Group 2 Junior % 34.~~944551~~071558% Group 2 Senior Prepayment % 100.000000% Group 3 Senior % 9695.~~019876~~925237% Group 3 Junior % 34.~~980124~~074763% Group 3 Senior Prepayment % 100.000000% Group 4 Senior % 95.~~966997~~550912% Group 4 Junior % 4.~~033003~~449088% Group 4 Senior Prepayment % 100.000000%

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Fixed 15 Year Fixed 15 Year 5/1 CMT ARM Weighted Average Coupon Rate 5.~~903197~~919031 6.~~275334~~309707 6.~~087255~~075695 Weighted Average Net Rate 5.~~558714~~575135 56.~~989264~~022472 5.~~834280~~822966 Weighted Average Maturity 354 355 ~~356~~355 ~~356~~ Beginning Loan Count ~~284~~271 ~~236~~229 ~~133~~130 Loans Paid In Full 1316 79 38 Ending Loan Count ~~271~~255 ~~229~~220 ~~130~~122 Beginning Scheduled Balance ~~138~~130,~~170~~658,~~984~~985.5643 ~~102~~98,~~037~~760,~~739~~140.6871 5150,~~430~~185,~~646~~383.2036 Ending scheduled Balance ~~130~~121,~~658~~045,~~985~~160.4330 9894,~~760~~897,~~140~~439.7194 5046,~~185~~689,~~383~~303.3643 Record Date 0910/3031/2002 0910/3031/2002 0910/3031/2002 Principal And Interest Constant ~~828~~786,~~023~~368.3866 ~~631~~614,~~317~~520.0589 ~~312~~305,~~851~~241.3957 Scheduled Principal ~~148~~141,~~314~~889.6584 9795,~~716~~231.2829 51,~~958~~149.5002 Unscheduled Principal 79,~~363~~471,~~684~~935.4829 3,~~179~~767,~~882~~469.6948 13,~~193~~444,~~304~~930.3491 Scheduled Interest ~~679~~644,~~708~~478.7382 ~~533~~519,~~600~~289.7760 ~~260~~254,~~892~~092.8955 Servicing Fees 3937,~~664~~444.5822 2423,~~324~~639.9841 10,~~842~~569.2539 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 ~~640~~607,~~044~~034.1560 ~~509~~495,~~275~~650.7919 ~~250~~243,~~050~~523.6416 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 5.~~558714~~575135 56.~~989264~~022473 5.~~834280~~822967

Group Level Collateral Statement Group Group 4 Total Collateral Description 7/1 CMT ARM Fixed & Mixed ARM Weighted Average Coupon Rate 6.~~581256~~574034 6.~~256191~~258908 Weighted Average Net Rate 6.~~206256~~199034 5.~~923506~~927355 Weighted Average Maturity 353 354 ~~355~~ Beginning Loan Count ~~366~~335 ~~1,019~~965 Loans Paid In Full 3126 5459 Ending Loan Count ~~335~~309 ~~965~~906 Beginning Scheduled Balance ~~170~~154,~~761~~672,~~850~~228.3601 ~~462~~434,~~401~~276,~~220~~737.8051 Ending scheduled Balance ~~154~~142,~~672~~328,~~228~~456.0108 ~~434~~404,~~276~~960,~~737~~359.5175 Record Date 0910/3031/2002 0910/3031/2002 Principal And Interest Constant 1967,~~068,584~~354.3083 2,~~840~~673,~~776~~485.1295 Scheduled Principal ~~132~~120,~~061~~004.3841 ~~430~~408,~~050~~274.8156 Unscheduled Principal 1512,~~957~~223,~~560~~767.9752 2728,~~694~~908,~~432~~103.4820 Scheduled Interest ~~936~~847,~~522~~350.9242 2,~~410~~265,~~725~~211.3139 Servicing Fees 5348,~~363~~335.0807 ~~128~~119,~~194~~988.8909 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 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 ~~883~~799,~~159~~015.8435 2,~~282~~145,~~530~~223.4230 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 6.~~206256~~199034 5.~~923506~~927355

Filing Compare · MORTGAGE ASSET SEC TRANS INC MASTR ADJ RATE MORT TR 2002 3