8-K 1 wfa02001.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 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Asset Backed Pass-Through Certificates, Series 2002-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-45578-02 Pooling and Servicing Agreement) (Commission 52-2379794 (State or other File Number) IRS EIN jurisdiction 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 WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Asset Backed Pass-Through Certificates, Series 2002-1 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 Asset Backed Pass-Through Certificates, Series 2002-1 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Asset Backed Pass-Through Certificates, Series 2002-1 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: 12/10/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Asset Backed Pass-Through Certificates, Series 2002-1 Trust, relating to the November 25, 2002 distribution. EX-99.1

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 910/3031/02 Distribution Date: 1011/25/02 WFALT Series: 2002-1 Contact: Customer Service - SecuritiesLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 846-8130 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-PO 94974SAC7 PO 0.00000% 7776,~~399~~469.6784 0.00 ~~929~~22,075.8476 I-A-1 94974SAA1 SEQ 6.25000% ~~116~~113,~~421~~316,~~367~~778.4617 ~~606~~590,~~308~~152.0589 34,~~104~~827,~~589~~214.2987 I-A-R 94974SAB9 RES 6.25000% 0.00 0.00 0.00 II-A-1 94974SAD5 SEQ 6.25000% 8579,~~137~~901,~~115~~615.0857 ~~443~~416,~~383~~126.5499 52,~~235~~705,~~499~~885.5181 B-1 94974SAF0 SUB 6.25000% 7,~~433~~426,~~381~~580.9571 38,~~712~~677.1357 6,~~801~~851.2417 B-2 94974SAG8 SUB 6.25000% 2,~~140~~138,~~094~~136.6454 11,~~145~~135.3540 1,~~958~~972.1047 B-3 94974SAH6 SUB 6.25000% 1,~~125~~124,~~997~~967.5127 5,~~864~~858.0682 1,~~030~~037.2480 B-4 94974SAJ2 SUB 6.25000% 1,~~125~~124,~~997~~967.5127 5,~~864~~858.0682 1,~~030~~037.2480 B-5 94974SAK9 SUB 6.25000% ~~676~~675,~~397~~778.7992 3,~~522~~519.6045 ~~618~~623.8842 B-6 94974SAL7 SUB 6.25000% 1,~~014~~013,~~821~~893.9947 5,~~285~~280.0735 ~~928~~935.5234 Totals ~~215~~206,~~152~~799,~~573~~187.6076 1,~~120~~076,~~084~~610.8629 87,~~353~~567,~~385~~634.8644

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-PO 0.00 7654,~~469~~394.8408 ~~929~~22,075.8476 0.00 I-A-1 0.00 ~~113~~108,~~316~~489,~~778~~563.1730 35,~~710~~417,~~897~~367.3476 0.00 I-A-R 0.00 0.00 0.00 0.00 II-A-1 0.00 7977,~~901~~195,~~615~~729.5776 53,~~678~~122,~~883~~012.0580 0.00 B-1 0.00 7,~~426~~419,~~580~~729.7154 45,~~513~~528.3774 0.00 B-2 0.00 2,~~138,~~136,164.5407 13,~~103~~107.4587 0.00 B-3 0.00 1,~~124~~123,~~967~~929.2746 6,~~894~~896.3062 0.00 B-4 0.00 1,~~124~~123,~~967~~929.2746 6,~~894~~896.3062 0.00 B-5 0.00 675,~~778~~155.9250 4,~~141~~142.4887 0.00 B-6 0.00 1,~~013~~012,~~893~~958.4713 6,~~213~~215.5969 0.00 Totals 0.00 ~~206~~199,~~799~~231,~~187~~553.7630 98,~~473~~644,~~470~~244.7273 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-PO 77,662.41 7776,~~399~~469.6784 ~~261~~182.2091 ~~668~~21,892.6485 0.00 0.00 I-A-1 121,227,000.00 ~~116~~113,~~421~~316,~~367~~778.4617 ~~107~~105,~~955~~669.6705 24,~~996~~721,~~633~~545.6282 0.00 0.00 I-A-R 100.00 0.00 0.00 0.00 0.00 0.00 100.00 0.00 0.00 0.00 0.00 0.00 II-A-1 90,627,000.00 8579,~~137~~901,~~115~~615.0857 7672,~~494~~643.0957 52,~~159~~633,~~005~~242.4223 0.00 0.00 B-1 7,440,000.00 7,~~433~~426,~~381~~580.9571 6,~~801~~851.2417 0.00 0.00 0.00 B-2 2,142,000.00 2,~~140~~138,~~094~~136.6454 1,~~958~~972.1047 0.00 0.00 0.00 B-3 1,127,000.00 1,~~125~~124,~~997~~967.5127 1,~~030~~037.2480 0.00 0.00 0.00 B-4 1,127,000.00 1,~~125~~124,~~997~~967.5127 1,~~030~~037.2480 0.00 0.00 0.00 B-5 677,000.00 ~~676~~675,~~397~~778.7992 ~~618~~623.8842 0.00 0.00 0.00 B-6 1,015,725.50 1,~~014~~013,~~821~~893.9947 ~~928~~935.5234 0.00 0.00 0.00 Totals 225,460,587.91 ~~215~~206,~~152~~799,~~573~~187.6076 ~~197~~190,~~078~~953.1853 87,~~156~~376,~~307~~680.6890 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-PO ~~929~~22,075.84 76 54,~~469~~394.8408 0.~~98464418~~70039135 ~~929~~22,075.8476 I-A-1 34,~~104~~827,~~589~~214.2987 ~~113~~108,~~316~~489,~~778~~563.1730 0.~~93474868~~89492904 34,~~104~~827,~~589~~214.2987 I-A-R 0.00 0.00 0.00000000 0.00 I-A-R 0.00 0.00 0.00000000 0.00 II-A-1 52,~~235~~705,~~499~~885.5181 7977,~~901~~195,~~615~~729.5776 0.~~88165354~~85179615 52,~~235~~705,~~499~~885.5181 B-1 6,~~801~~851.2417 7,~~426~~419,~~580~~729.7154 0.~~99819633~~99727548 6,~~801~~851.2417 B-2 1,~~958~~972.1047 2,~~138,~~136,164.5407 0.~~99819633~~99727548 1,~~958~~972.1047 B-3 1,~~030~~037.2480 1,~~124~~123,~~967~~929.2746 0.~~99819634~~99727547 1,~~030~~037.2480 B-4 1,~~030~~037.2480 1,~~124~~123,~~967~~929.2746 0.~~99819634~~99727547 1,~~030~~037.2480 B-5 ~~618~~623.8842 675,~~778~~155.9250 0.~~99819634~~99727548 ~~618~~623.8842 B-6 ~~928~~935.5234 1,~~013~~012,~~893~~958.4713 0.~~99819633~~99727547 ~~928~~935.5234 Totals 87,~~353~~567,~~385~~634.8644 ~~206~~199,~~799~~231,~~187~~553.7630 0.~~91722988~~88366466 87,~~353~~567,~~385~~634.8644

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-PO 77,662.41 ~~996~~984.~~61689613~~64417985 32.~~36327446~~35519346 8281.~~60957058~~89763877 0.00000000 I-A-1 121,227,000.00 ~~960~~934.~~35839755~~74867950 0.~~89052497~~87166267 2438.~~71919308~~94797215 0.00000000 I-A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 90,627,000.00 ~~939~~881.~~42329637~~65354221 0.~~84405409~~80156653 5629.~~92570007~~05582475 0.00000000 B-1 7,440,000.00 ~~999~~998.~~11047715~~19633199 0.~~91414516~~92085618 0.00000000 0.00000000 B-2 2,142,000.00 ~~999~~998.~~11047619~~19633053 0.~~91414566~~92085434 0.00000000 0.00000000 B-3 1,127,000.00 ~~999~~998.~~11047915~~19633540 0.~~91414374~~92085182 0.00000000 0.00000000 B-4 1,127,000.00 ~~999~~998.~~11047915~~19633540 0.~~91414374~~92085182 0.00000000 0.00000000 B-5 677,000.00 ~~999~~998.~~11047267~~19633678 0.~~91415066~~92085672 0.00000000 0.00000000 B-6 1,015,725.50 ~~999~~998.~~11047818~~19633356 0.~~91414462~~92085903 0.00000000 0.00000000 (2) per $1000 denomination

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-PO 0.00000000 11284.~~97284504~~25283223 ~~984~~700.~~64417985~~39134763 0.~~98464418~~70039135 11284.~~97284504~~25283223 I-A-1 0.00000000 2539.~~60971805~~81963482 ~~934~~894.~~74867950~~92904468 0.~~93474868~~89492904 2539.~~60971805~~81963482 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 5729.~~76975416~~85739140 ~~881~~851.~~65354221~~79615082 0.~~88165354~~85179615 5729.~~76975416~~85739140 B-1 0.00000000 0.~~91414516~~92085618 ~~998~~997.~~19633199~~27547581 0.~~99819633~~99727548 0.~~91414516~~92085618 B-2 0.00000000 0.~~91414566~~92085434 ~~998~~997.~~19633053~~27547619 0.~~99819633~~99727548 0.~~91414566~~92085434 B-3 0.00000000 0.~~91414374~~92085182 ~~998~~997.~~19633540~~27547471 0.~~99819634~~99727547 0.~~91414374~~92085182 B-4 0.00000000 0.~~91414374~~92085182 ~~998~~997.~~19633540~~27547471 0.~~99819634~~99727547 0.~~91414374~~92085182 B-5 0.00000000 0.~~91415066~~92085672 ~~998~~997.~~19633678~~27548006 0.~~99819634~~99727548 0.~~91415066~~92085672 B-6 0.00000000 0.~~91414462~~92085903 ~~998~~997.~~19633356~~27547453 0.~~99819633~~99727547 0.~~91414462~~92085903 (3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-PO 77,662.41 0.00000% 7776,~~399~~469.6784 0.00 0.00 0.00 I-A-1 121,227,000.00 6.25000% ~~116~~113,~~421~~316,~~367~~778.4617 ~~606~~590,~~361~~191.2955 0.00 0.00 I-A-R 100.00 6.25000% 0.00 0.00 0.00 0.00 II-A-1 90,627,000.00 6.25000% 8579,~~137~~901,~~115~~615.0857 ~~443~~416,~~422~~154.4725 0.00 0.00 B-1 7,440,000.00 6.25000% 7,~~433~~426,~~381~~580.9571 38,~~715~~680.5311 0.00 0.00 B-2 2,142,000.00 6.25000% 2,~~140~~138,~~094~~136.6454 11,~~146~~136.3313 0.00 0.00 B-3 1,127,000.00 6.25000% 1,~~125~~124,~~997~~967.5127 5,~~864~~859.5720 0.00 0.00 B-4 1,127,000.00 6.25000% 1,~~125~~124,~~997~~967.5127 5,~~864~~859.5720 0.00 0.00 B-5 677,000.00 6.25000% ~~676~~675,~~397~~778.7992 3,~~522~~519.9168 0.00 0.00 B-6 1,015,725.50 6.25000% 1,~~014~~013,~~821~~893.9947 5,~~285~~280.5370 0.00 0.00 Totals 225,460,487.91 1,~~120~~076,~~183~~680.2082 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-PO 0.00 0.00 0.00 0.00 7654,~~469~~394.8408 I-A-1 5338.2466 0.00 ~~606~~590,~~308~~152.0589 0.00 ~~113~~108,~~316~~489,~~778~~563.1730 I-A-R 0.00 0.00 0.00 0.00 0.00 II-A-1 3827.9326 0.00 ~~443~~416,~~383~~126.5499 0.00 7977,~~901~~195,~~615~~729.5776 B-1 32.4053 0.00 38,~~712~~677.1357 0.00 7,~~426~~419,~~580~~729.7154 B-2 0.9873 0.00 11,~~145~~135.3540 0.00 2,~~138,~~136,164.5407 B-3 0.5138 0.00 5,~~864~~858.0682 0.00 1,~~124~~123,~~967~~929.2746 B-4 0.5138 0.00 5,~~864~~858.0682 0.00 1,~~124~~123,~~967~~929.2746 B-5 0.3123 0.00 3,~~522~~519.6045 0.00 675,~~778~~155.9250 B-6 0.4635 0.00 5,~~285~~280.0735 0.00 1,~~013~~012,~~893~~958.4713 Totals 9870.3452 0.00 1,~~120~~076,~~084~~610.8629 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-PO 77,662.41 0.00000% ~~996~~984.~~61689613~~64417985 0.00000000 0.00000000 0.00000000 I-A-1 121,227,000.00 6.25000% ~~960~~934.~~35839755~~74867950 54.~~00186666~~86848268 0.00000000 0.00000000 I-A-R 100.00 6.25000% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 90,627,000.00 6.25000% ~~939~~881.~~42329637~~65354221 4.~~89282962~~59194556 0.00000000 0.00000000 B-1 7,440,000.00 6.25000% ~~999~~998.~~11047715~~19633199 5.~~20370027~~19893952 0.00000000 0.00000000 B-2 2,142,000.00 6.25000% ~~999~~998.~~11047619~~19633053 5.~~20370215~~19894024 0.00000000 0.00000000 B-3 1,127,000.00 6.25000% ~~999~~998.~~11047915~~19633540 5.~~20370009~~19893523 0.00000000 0.00000000 B-4 1,127,000.00 6.25000% ~~999~~998.~~11047915~~19633540 5.~~20370009~~19893523 0.00000000 0.00000000 B-5 677,000.00 6.25000% ~~999~~998.~~11047267~~19633678 5.~~20370753~~19893648 0.00000000 0.00000000 B-6 1,015,725.50 6.25000% ~~999~~998.~~11047818~~19633356 5.~~20369923~~19894401 0.00000000 0.00000000 (5) All classes are per $1000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~984~~700.~~64417985~~39134763 I-A-1 0.~~00043918~~00031891 0.00000000 54.~~00142749~~86816378 0.00000000 ~~934~~894.~~74867950~~92904468 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.~~00042956~~00030079 0.00000000 4.~~89240006~~59164476 0.00000000 ~~881~~851.~~65354221~~79615082 B-1 0.~~00045699~~00034005 0.00000000 5.~~20324328~~19859812 0.00000000 ~~998~~997.~~19633199~~27547581 B-2 0.~~00045752~~00034080 0.00000000 5.~~20324463~~19859944 0.00000000 ~~998~~997.~~19633053~~27547619 B-3 0.~~00045253~~00033718 0.00000000 5.~~20324756~~19859805 0.00000000 ~~998~~997.~~19633540~~27547471 B-4 0.~~00045253~~00033718 0.00000000 5.~~20324756~~19859805 0.00000000 ~~998~~997.~~19633540~~27547471 B-5 0.~~00045790~~00033973 0.00000000 5.~~20324963~~19859675 0.00000000 ~~998~~997.~~19633678~~27548006 B-6 0.~~00045288~~00034458 0.00000000 5.~~20324635~~19859942 0.00000000 ~~998~~997.~~19633356~~27547453 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage I-A-PO 0.00000% 0.00 0.00 1817,~~630~~910.8777 17,~~910~~853.7762 95.~~85661409~~55075312% II-A-PO 0.00000% 0.00 0.00 58,~~768~~559.8006 5836,~~559~~540.0646 9961.~~29059327~~95666310%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 98,~~482~~444,~~097~~533.4608 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 59301,~~639~~450.0358 Realized Losses 0.00 Prepayment Penalties 0.00 Total Deposits 98,~~541~~745,~~736~~983.4966 Withdrawals Reimbursement for Servicer Advances 2559,~~349~~639.4803 Payment of Service Fee 42,~~916~~099.2889 Payment of Interest and Principal 98,~~473~~644,~~470~~244.7174 Total Withdrawals (Pool Distribution Amount) 98,~~541~~745,~~736~~983.4766 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 54,~~220~~151.0336 Servicing Fee Support 54,~~121~~080.6984 Non-Supported Prepayment/Curtailment Interest Shortfall 9870.3452

SERVICING FEES Gross Servicing Fee 4443,~~990~~251.26 Master Servicing Fee 32,~~047~~929.7147 Supported Prepayment/Curtailment Interest Shortfall 54,~~121~~080.6984 Net Servicing Fee 42,~~916~~099.2889

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 612 0 0 0 612 1,~~070~~961,~~870~~356.3634 0.00 0.00 0.00 1,~~070~~961,~~870~~356.3634 60 Days 62 0 0 0 62 1741,~~162,708~~642.8395 0.00 0.00 0.00 1741,~~162,708~~642.8395 90 Days 15 0 0 0 15 57700,~~329~~628.8471 0.00 0.00 0.00 57700,~~329~~628.8471 120 Days 01 0 0 0 01 057,329.0084 0.00 0.00 0.00 057,329.0084 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 1320 0 0 0 1320 23,~~290~~460,~~909~~957.0384 0.00 0.00 0.00 23,~~290~~460,~~909~~957.0384 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 01.~~560224~~156069% 0.000000% 0.000000% 0.000000% 01.~~560224~~156069% 0.~~511982~~968394% 0.000000% 0.000000% 0.000000% 0.~~511982~~968394% 60 Days 0.~~560224~~192678% 0.000000% 0.000000% 0.000000% 0.~~560224~~192678% 0.~~555890~~366176% 0.000000% 0.000000% 0.000000% 0.~~555890~~366176% 90 Days 0.~~093371~~481696% 0.000000% 0.000000% 0.000000% 0.~~093371~~481696% 0.~~027409~~345926% 0.000000% 0.000000% 0.000000% 0.~~027409~~345926% 120 Days 0.~~000000~~096339% 0.000000% 0.000000% 0.000000% 0.~~000000~~096339% 0.~~000000~~028306% 0.000000% 0.000000% 0.000000% 0.~~000000~~028306% 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 1.~~213819~~926782% 0.000000% 0.000000% 0.000000% 1.~~213819~~926782% 1.~~095282~~708802% 0.000000% 0.000000% 0.000000% 1.~~095282~~708802%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 611 0 0 0 611 1,~~070~~639,~~870~~181.3670 0.00 0.00 0.00 1,~~070~~639,~~870~~181.3670 60 Days 41 0 0 0 41 ~~334~~279,~~833~~934.9660 0.00 0.00 0.00 ~~334~~279,~~833~~934.9660 90 Days 14 0 0 0 14 57334,~~329~~833.8496 0.00 0.00 0.00 57334,~~329~~833.8496 120 Days 01 0 0 0 01 057,329.0084 0.00 0.00 0.00 057,329.0084 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 1117 0 0 0 1117 12,~~463~~311,~~034~~280.1610 0.00 0.00 0.00 12,~~463~~311,~~034~~280.1610 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~689655~~303318% 0.000000% 0.000000% 0.000000% 01.~~689655~~303318% 01.~~880288~~399329% 0.000000% 0.000000% 0.000000% 01.~~880288~~399329% 60 Days 0.~~459770~~118483% 0.000000% 0.000000% 0.000000% 0.~~459770~~118483% 0.~~275244~~238973% 0.000000% 0.000000% 0.000000% 0.~~275244~~238973% 90 Days 0.~~114943~~473934% 0.000000% 0.000000% 0.000000% 0.~~114943~~473934% 0.~~047127~~285840% 0.000000% 0.000000% 0.000000% 0.~~047127~~285840% 120 Days 0.~~000000~~118483% 0.000000% 0.000000% 0.000000% 0.~~000000~~118483% 0.~~000000~~048941% 0.000000% 0.000000% 0.000000% 0.~~000000~~048941% 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 12.~~264368~~014218% 0.000000% 0.000000% 0.000000% 12.~~264368~~014218% 1.~~202658~~973083% 0.000000% 0.000000% 0.000000% 1.~~202658~~973083% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 01 0 0 0 01 0322,174.0064 0.00 0.00 0.00 0322,174.0064 60 Days 21 0 0 0 21 ~~827~~461,~~874~~708.8735 0.00 0.00 0.00 ~~827~~461,~~874~~708.8735 90 Days 01 0 0 0 01 0365,794.0075 0.00 0.00 0.00 0365,794.0075 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 23 0 0 0 23 ~~827~~1,~~874~~149,677.8774 0.00 0.00 0.00 ~~827~~1,~~874~~149,677.8774 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~515464% 0.000000% 0.000000% 0.000000% 0.~~000000~~515464% 0.~~000000~~385632% 0.000000% 0.000000% 0.000000% 0.~~000000~~385632% 60 Days 0.~~995025~~515464% 0.000000% 0.000000% 0.000000% 0.~~995025~~515464% 0.~~960025~~552649% 0.000000% 0.000000% 0.000000% 0.~~960025~~552649% 90 Days 0.~~000000~~515464% 0.000000% 0.000000% 0.000000% 0.~~000000~~515464% 0.~~000000~~437844% 0.000000% 0.000000% 0.000000% 0.~~000000~~437844% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 01.~~995025~~546392% 0.000000% 0.000000% 0.000000% 01.~~995025~~546392% 01.~~960025~~376124% 0.000000% 0.000000% 0.000000% 01.~~960025~~376124%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~142~~350,~~269~~506.5039

SUBORDINATION LEVEL/CREDIT ENHANCEMENT /CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class I-A-1 104,155,825.50 46.19693076% 9390,~~405~~687,~~939~~595.7592 45.~~16745968~~51869140% 54.~~836117~~483757% 0.000000% Class I-AR 104,155,725.50 46.19688641% 9390,~~405~~687,~~939~~595.7592 45.~~16745968~~51869140% 0.000000% 0.000000% Class II-A-1 13,528,725.50 6.00048622% 13,~~504~~491,~~324~~866.1816 6.~~53016307~~77195250% 38.~~665892~~767908% 0.000000% Class B-1 6,088,725.50 2.70057319% 6,~~077~~072,~~743~~136.4762 23.~~93895906~~04777859% 3.~~593862~~726209% 0.000000% Class B-2 3,946,725.50 1.75051759% 3,~~939~~935,~~606~~972.9355 1.~~90503985~~97557690% 1.~~034684~~072787% 0.000000% Class B-3 2,819,725.50 1.25065173% 2,~~814~~812,~~639~~043.6609 1.~~36104967~~41144464% 0.~~544393~~564440% 0.000000% Class B-4 1,692,725.50 0.75078588% 1,~~689~~688,~~672~~113.3963 0.~~81705949~~84731239% 0.~~544393~~564440% 0.000000% Class B-5 1,015,725.50 0.45051153% 1,~~013~~012,~~893~~958.4713 0.~~49027923~~50843258% 0.~~327022~~339065% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~490642~~508710% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Fixed 15 & 30 Year Weighted Average Gross Coupon 7.~~593645~~587784% Weighted Average Pass-Through Rate 6.250000% Weighted Average Maturity(Stepdown Calculation ) ~~341~~340 Beginning Scheduled Collateral Loan Count 1,~~103~~071 Number Of Loans Paid In Full 3233 Ending Scheduled Collateral Loan Count 1,~~071~~038 Beginning Scheduled Collateral Balance ~~215~~206,~~152~~799,~~573~~187.6074 Ending Scheduled Collateral Balance ~~206~~199,~~799~~231,~~187~~553.7430 Ending Actual Collateral Balance at 3031-~~Sep~~Oct-2002 ~~209~~202,~~161~~537,~~546~~058.0857 Ending Scheduled Balance For Wells Fargo Serviced ~~203~~196,~~688~~300,~~426~~041.1518 Ending Scheduled Balance For Other Servicers 32,~~110~~931,~~761~~512.5912 Monthly P &I Constant 1,~~371~~321,~~919~~794.9318 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Non-PO Optimal Amount 98,~~388~~517,~~942~~370.7271 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans ~~204~~196,~~003~~956,~~318~~640.3593 Ending scheduled Balance For discounted Loans 2,~~795~~274,~~869~~912.3937 Scheduled Principal ~~197~~190,~~078~~953.1854 Unscheduled Principal 87,~~156~~376,~~307~~680.6890 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% ~~149~~144,~~938~~116,~~394~~718.9250 Greater Than 80%, less than or equal to 85% 5,~~757~~458,~~631~~376.8813 Greater than 85%, less than or equal to 95% 4847,~~558~~291,~~041~~199.3355 Greater than 95% 2,~~557~~412,~~654~~370.9006

Group Level Collateral Statement Group 1 2 Total Collateral Description Fixed 15 & 30 Year Fixed 15 & 30 Year Fixed 15 & 30 Year Weighted Average Coupon Rate 7.~~715877~~713818 7.~~426846~~409847 7.~~593645~~587784 Weighted Average Net Rate 6.~~249147~~249126 6.~~245971~~245760 6.~~247804~~247731 Weighted Average Maturity ~~341~~340 ~~342~~ 341 340 Beginning Loan Count ~~890~~870 ~~213~~201 1,~~103~~071 Loans Paid In Full 2026 127 3233 Ending Loan Count ~~870~~844 ~~201~~194 1,~~071~~038 Beginning Scheduled Balance ~~124~~121,~~172~~060,~~914~~434.99 9085,~~979~~738,~~658~~752.6175 ~~215~~206,~~152~~799,~~573~~187.6074 Ending scheduled Balance ~~121~~116,~~060~~225,~~434~~958.9963 8583,~~738~~005,~~752~~594.7567 ~~206~~199,~~799~~231,~~187~~553.7430 Record Date 0910/3031/2002 0910/3031/2002 0910/3031/2002 Principal And Interest Constant ~~792~~773,~~038~~949.0033 ~~579~~547,~~881~~844.9384 1,~~371~~321,~~919~~794.9318 Scheduled Principal ~~115~~112,~~177~~925.7413 8178,~~900~~028.4441 ~~197~~190,~~078~~953.1854 Unscheduled Principal 24,~~997~~721,~~302~~551.2623 52,~~159~~655,~~005~~129.4267 87,~~156~~376,~~307~~680.6890 Scheduled Interest ~~674~~657,~~264~~399.8593 ~~493~~465,~~861~~400.2313 1,~~168~~122,~~126~~800.0806 Servicing Fees 25,~~965~~318.1610 1917,~~025~~933.1015 4443,~~990~~251.26 Master Servicing Fees 1,~~758~~714.8384 1,~~288~~214.8863 32,~~047~~929.7147 Trustee Fee 0.00 0.00 0.00 FRY Amount ~~124~~120,~~024~~714.82 69 64,~~215~~024.7190 ~~193~~184,~~240~~739.5359 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 ~~522~~509,~~516~~652.0430 ~~404~~382,~~331~~227.5445 ~~926~~891,~~847~~879.5875 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

Filing Compare · WELLS FARGO ALTERNATIVE LOAN 2002-1 TRUST