8-K 1 sai03bc2.txt JUNE 8-K 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): June 25, 2003 STRUCTURED ASSET INVESTMENT LOAN TRUST Mortgage Pass-Through Certificates, Series 2003-BC2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-102489-03 Pending Pooling and Servicing Agreement) (Commission (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 June 25, 2003 a distribution was made to holders of STRUCTURED ASSET INVESTMENT LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-BC2 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 2003-BC2 Trust, relating to the June 25, 2003 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. STRUCTURED ASSET INVESTMENT LOAN TRUST Mortgage Pass-Through Certificates, Series 2003-BC2 Trust By: Wells Fargo Bank Minnesota, N.A., as Securities Administrator By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 6/27/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-BC2 Trust, relating to the June 25, 2003 distribution.

Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates Record Date: 45/3031/03 Distribution Date: 56/2725/03 SAIL Series: 2003-BC2 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 86358EAJ5 SEN 1.66000% ~~618~~611,~~985~~417,~~868~~101.4622 ~~913~~817,~~348~~600.0453 79,~~568~~619,~~767~~467.2400 A2 86358EAK2 SEN 1.68000% ~~343~~340,~~766~~292,~~214~~893.6437 ~~513~~460,~~357~~529.5572 36,~~473~~605,~~321~~389.2738 A3 86358EAL0 SEN 1.67000% ~~389~~375,~~726~~211,~~382~~854.7399 ~~578~~504,~~527~~764.1617 1413,~~514~~941,~~527~~116.7451 A-IO 86358EAM8 IO 6.00000% 0.00 2,569,155.0001 0.00 M1 86358EAN6 MEZ 2.24000% 97,317,000.00 ~~193~~175,~~768~~603.9612 0.00 M2 86358EAP1 MEZ 3.27000% 38,926,000.00 ~~113~~102,~~144~~537.9157 0.00 M3 86358EAQ9 MEZ 4.57000% 15,571,000.00 6357,~~252~~322.8691 0.00 M4A 86358EAR7 MEZ 5.32000% 9,678,000.00 4541,~~766~~475.1961 0.00 M4F 86358EAT3 MEZ 7.00000% 2,000,000.00 11,666.67 0.00 B 86358EAS5 SEN 7.00000% 11,678,000.00 68,121.67 0.00 X ARC03BC2X SEN 0.00000% 10,121,~~033~~133.74 4,~~060~~151,~~732~~529.6266 0.00 P ARC03BC2P SEN 0.00000% 100.00 ~~567~~609,~~233~~004.5302 0.00 R1 ARC03B2R1 SEN 0.00000% 0.00 0.00 0.00 R2 ARC03B2R2 SEN 0.00000% 0.00 0.00 0.00 R3 ARC03B2R3 SEN 0.00000% 0.00 0.00 0.00 Totals 1,~~537~~512,~~769~~213,~~599~~083.5032 9,~~698~~569,~~075~~310.1666 2530,~~556~~165,~~616~~972.2589

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 ~~611~~601,~~417~~797,~~101~~634.22 810,~~482~~437,~~115~~067.2853 0.00 A2 0.00 ~~340~~333,~~292~~687,~~893~~503.3799 37,~~986~~065,~~678~~919.8210 0.00 A3 0.00 ~~375~~361,~~211~~270,~~854~~738.9948 1514,~~093~~445,~~054~~880.9068 0.00 A-IO 0.00 0.00 2,569,155.0001 0.00 M1 0.00 97,317,000.00 ~~193~~175,~~768~~603.9612 0.00 M2 0.00 38,926,000.00 ~~113~~102,~~144~~537.9157 0.00 M3 0.00 15,571,000.00 6357,~~252~~322.8691 0.00 M4A 0.00 9,678,000.00 4541,~~766~~475.1961 0.00 M4F 0.00 2,000,000.00 11,666.67 0.00 B 0.00 11,678,000.00 68,121.67 0.00 X 0.00 10,121,133.74 4,~~060~~151,~~732~~529.6266 0.00 P 0.00 100.00 ~~567~~609,~~233~~004.5302 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 Totals 0.00 1,~~512~~482,~~213~~047,~~083~~110.3243 3539,~~254~~735,~~691~~283.4155 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 624,271,000.00 ~~618~~611,~~985~~417,~~868~~101.4622 0.00 79,~~568~~619,~~767~~467.2400 0.00 0.00 A2 345,932,000.00 ~~343~~340,~~766~~292,~~214~~893.6437 0.00 36,~~473~~605,~~321~~389.2738 0.00 0.00 A3 401,571,000.00 ~~389~~375,~~726~~211,~~382~~854.7399 0.00 1413,~~514~~941,~~527~~116.7451 0.00 0.00 A-IO 0.00 0.00 0.00 0.00 0.00 0.00 M1 97,317,000.00 97,317,000.00 0.00 0.00 0.00 0.00 M2 38,926,000.00 38,926,000.00 0.00 0.00 0.00 0.00 M3 15,571,000.00 15,571,000.00 0.00 0.00 0.00 0.00 M4A 9,678,000.00 9,678,000.00 0.00 0.00 0.00 0.00 M4F 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00 X 10,121,033.74 10,121,~~033~~133.74 0.00 0.00 0.00 0.00 P 100.00 100.00 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 Totals 1,545,387,133.774 1,~~526~~500,~~091~~535,~~599~~083.5732 0.00 2530,~~556~~165,~~616~~972.2589 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 79,~~568~~619,~~767~~467.2400 ~~611~~601,~~417~~797,~~101~~634.22 0.~~97940975~~96400063 79,~~568~~619,~~767~~467.2400 A2 36,~~473~~605,~~321~~389.2738 ~~340~~333,~~292~~687,~~893~~503.3799 0.~~98369880~~96460433 36,~~473~~605,~~321~~389.2738 A3 1413,~~514~~941,~~527~~116.7451 ~~375~~361,~~211~~270,~~854~~738.9948 0.~~93435994~~89964350 1413,~~514~~941,~~527~~116.7451 A-IO 0.00 0.00 0.00000000 0.00 M1 0.00 97,317,000.00 1.00000000 0.00 M2 0.00 38,926,000.00 1.00000000 0.00 M3 0.00 15,571,000.00 1.00000000 0.00 M4A 0.00 9,678,000.00 1.00000000 0.00 M4F 0.00 2,000,000.00 1.00000000 0.00 X 0.00 10,121,133.74 1.00000988 0.00 P 0.00 100.00 1.00000000 0.00 R1 0.00 0.00 0.00000000 0.00 R2 0.00 0.00 0.00000000 0.00 R3 0.00 0.00 0.00000000 0.00 Totals 2530,~~556~~165,~~616~~972.2589 1,~~500~~470,~~535~~369,~~083~~110.3243 0.~~97097682~~95145681 2530,~~556~~165,~~616~~972.2589

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 624,271,000.00 ~~991~~979.~~53391469~~40974548 0.00000000 1215.~~12416921~~40912040 0.00000000 A2 345,932,000.00 ~~993~~983.~~73927431~~69880026 0.00000000 1019.~~04047405~~09447342 0.00000000 A3 401,571,000.00 ~~970~~934.~~50430118~~35993882 0.00000000 3634.~~14436237~~71644245 0.00000000 A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 97,317,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 38,926,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 15,571,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4A 9,678,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4F 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 11,678,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 10,121,033.74 1000.~~00000000~~00988041 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (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 A1 0.00000000 1215.~~12416921~~40912040 ~~979~~964.~~40974548~~00062508 0.~~97940975~~96400063 1215.~~12416921~~40912040 A2 0.00000000 1019.~~04047405~~09447342 ~~983~~964.~~69880026~~60432683 0.~~98369880~~96460433 1019.~~04047405~~09447342 A3 0.00000000 3634.~~14436237~~71644245 ~~934~~899.~~35993882~~64349637 0.~~93435994~~89964350 3634.~~14436237~~71644245 A-IO 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 M4A 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M4F 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 1,000.00988041 1.00000988 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 624,271,000.00 1.66000% ~~618~~611,~~985~~417,~~868~~101.4622 ~~913~~817,~~348~~600.0453 0.00 0.00 A2 345,932,000.00 1.68000% ~~343~~340,~~766~~292,~~214~~893.6437 ~~513~~460,~~357~~529.5572 0.00 0.00 A3 401,571,000.00 1.67000% ~~389~~375,~~726~~211,~~382~~854.7399 ~~578~~504,~~527~~764.1617 0.00 0.00 A-IO 0.00 6.00000% 513,831,001.00 2,569,155.00 0.00 0.00 M1 97,317,000.00 2.24000% 97,317,000.00 ~~193~~175,~~768~~603.9612 0.00 0.00 M2 38,926,000.00 3.27000% 38,926,000.00 ~~113~~102,~~144~~537.9157 0.00 0.00 M3 15,571,000.00 4.57000% 15,571,000.00 6357,~~252~~322.8691 0.00 0.00 M4A 9,678,000.00 5.32000% 9,678,000.00 4541,~~766~~475.1961 0.00 0.00 M4F 2,000,000.00 7.00000% 2,000,000.00 11,666.67 0.00 0.00 B 11,678,000.00 7.00000% 11,678,000.00 68,121.67 0.00 0.00 X 10,121,033.74 0.00000% 10,121,~~033~~133.74 0.00 0.00 0.00 P 100.00 0.00000% 100.00 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 Totals 1,557,065,133.774 54,~~070~~808,~~109~~776.0197 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 ~~913~~817,~~348~~600.0453 0.00 ~~611~~601,~~417~~797,~~101~~634.22 A2 0.00 0.00 ~~513~~460,~~357~~529.5572 0.00 ~~340~~333,~~292~~687,~~893~~503.3799 A3 0.00 0.00 ~~578~~504,~~527~~764.1617 0.00 ~~375~~361,~~211~~270,~~854~~738.9948 A-IO 0.00 0.00 2,569,155.0001 0.00 513,831,001.00 M1 0.00 0.00 ~~193~~175,~~768~~603.9612 0.00 97,317,000.00 M2 0.00 0.00 ~~113~~102,~~144~~537.9157 0.00 38,926,000.00 M3 0.00 0.00 6357,~~252~~322.8691 0.00 15,571,000.00 M4A 0.00 0.00 4541,~~766~~475.1961 0.00 9,678,000.00 M4F 0.00 0.00 11,666.67 0.00 2,000,000.00 B 0.00 0.00 68,121.67 0.00 11,678,000.00 X 0.00 0.00 4,~~060~~151,~~732~~529.6266 0.00 10,121,133.74 P 0.00 0.00 ~~567~~609,~~233~~004.5302 0.00 100.00 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 Totals 0.00 0.00 9,~~698~~569,~~075~~310.1666 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 624,271,000.00 1.66000% ~~991~~979.~~53391469~~40974548 1.~~46306338~~30968847 0.00000000 0.00000000 A2 345,932,000.00 1.68000% ~~993~~983.~~73927431~~69880026 1.~~48398399~~33127239 0.00000000 0.00000000 A3 401,571,000.00 1.67000% ~~970~~934.~~50430118~~35993882 1.~~44065971~~25697366 0.00000000 0.00000000 A-IO 0.00 6.00000% 1000.00000000 4.99999999 0.00000000 0.00000000 M1 97,317,000.00 2.24000% 1000.00000000 1.~~99111111~~80444444 0.00000000 0.00000000 M2 38,926,000.00 3.27000% 1000.00000000 2.~~90666675~~63416662 0.00000000 0.00000000 M3 15,571,000.00 4.57000% 1000.00000000 43.~~06222208~~68138912 0.00000000 0.00000000 M4A 9,678,000.00 5.32000% 1000.00000000 4.~~72888923~~28555590 0.00000000 0.00000000 M4F 2,000,000.00 7.00000% 1000.00000000 5.83333500 0.00000000 0.00000000 B 11,678,000.00 7.00000% 1000.00000000 5.83333362 0.00000000 0.00000000 X 10,121,033.74 0.00000% 1000.~~00000000~~00988041 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (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 A1 0.00000000 0.00000000 1.~~46306338~~30968847 0.00000000 ~~979~~964.~~40974548~~00062508 A2 0.00000000 0.00000000 1.~~48398399~~33127239 0.00000000 ~~983~~964.~~69880026~~60432683 A3 0.00000000 0.00000000 1.~~44065971~~25697366 0.00000000 ~~934~~899.~~35993882~~64349637 A-IO 0.00000000 0.00000000 45.~~99999999~~00000001 0.00000000 1000.00000000 M1 0.00000000 0.00000000 1.~~99111111~~80444444 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.~~90666675~~63416662 0.00000000 1000.00000000 M3 0.00000000 0.00000000 43.~~06222208~~68138912 0.00000000 1000.00000000 M4A 0.00000000 0.00000000 4.~~72888923~~28555590 0.00000000 1000.00000000 M4F 0.00000000 0.00000000 5.83333500 0.00000000 1000.00000000 B 0.00000000 0.00000000 5.83333362 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~401~~410.~~21718041~~18830355 0.00000000 1000.00988041 P 0.00000000 0.00000000 ~~5672335~~6090040.~~30000000~~20000000 0.00000000 1000.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 3540,~~919~~388,~~136~~700.0619 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized ~~Losses~~Loss 0(Gains, Subsequent Expenses & Recoveries) (14.0054) Prepayment Penalties 0.00 Total Deposits 3540,~~919~~388,~~136~~685.0665 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~664~~630,~~444~~088.6578 Payment of Interest and Principal 3539,~~254~~735,~~691~~283.4155 Total Withdrawals (Pool Distribution Amount) 3540,~~919~~365,~~136~~372.0633 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~640~~630,~~737~~088.3478 Credit Risk ~~Management~~Managment Fee ~~19,222~~0.1200 ~~Securities~~Wells ~~Adminstration~~Fargo ~~Fee~~Bank 4Minnesota,~~485~~ NA 0.1900 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~664~~630,~~444~~088.6578

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 5762,~~943~~893.9107 5762,~~943~~893.9107 1,000.00 Financial Guaranty 0.00 0.00 0.00 0.00

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 110 70 0 180 ~~898,200~~0.4100 ~~703,076~~0.8900 0.00 ~~1,601,277~~0.3000 30 Days 60244 01 29 0 62254 833,~~520~~917,~~346~~068.2031 0146,716.0083 ~~215~~1,~~836~~300,343.1553 0.00 835,~~736~~364,~~182~~128.3567 60 Days 2575 1 0 2 0 2776 39,~~577~~472,~~957~~619.1477 27,961.74 0.00 ~~211,907.91~~ 0.00 39,~~789~~500,~~865~~581.0551 90 Days 241 0 02 0 243 ~~271~~7,~~262~~041,615.6709 0.00 0215,836.0015 0.00 ~~271~~7,~~262~~257,451.6724 120 Days 020 0 01 0 021 02,796,186.0098 0.00 0116,705.0074 0.00 02,912,892.0072 150 Days 01 0 0 0 01 0135,000.00 0.00 0.00 0.00 0135,000.00 180+ Days 100 0 0 0 100 ~~751,738~~0.7000 0.00 0.00 0.00 ~~751,738~~0.7000 Totals 97381 112 1112 0 ~~119~~395 1353,~~121~~362,~~304~~490.7115 ~~898~~174,~~200~~678.4157 1,~~130~~632,~~820~~885.9542 0.00 1555,~~150~~170,~~326~~054.0714 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.~~111800~~000000% 0.~~071145~~000000% 0.000000% 0.~~182945~~000000% 0.~~059360~~000000% 0.~~046465~~000000% 0.000000% 0.~~105825~~000000% 30 Days 02.~~609818~~536383% 0.~~000000~~010395% 0.~~020327~~093555% 0.000000% 02.~~630145~~640333% 02.~~563091~~287088% 0.~~000000~~009893% 0.~~014264~~087684% 0.000000% 02.~~577355~~384665% 60 Days 0.~~254091~~779626% 0.~~000000~~010395% 0.~~020327~~000000% 0.000000% 0.~~274418~~790021% 0.~~236459~~638755% 0.~~000000~~001886% 0.~~014005~~000000% 0.000000% 0.~~250464~~640641% 90 Days 0.~~020327~~426195% 0.000000% 0.~~000000~~020790% 0.000000% 0.~~020327~~446985% 0.~~017927~~474829% 0.000000% 0.~~000000~~014554% 0.000000% 0.~~017927~~489383% 120 Days 0.~~000000~~207900% 0.000000% 0.~~000000~~010395% 0.000000% 0.~~000000~~218295% 0.~~000000~~188552% 0.000000% 0.~~000000~~007870% 0.000000% 0.~~000000~~196421% 150 Days 0.~~000000~~010395% 0.000000% 0.000000% 0.000000% 0.~~000000~~010395% 0.~~000000~~009103% 0.000000% 0.000000% 0.000000% 0.~~000000~~009103% 180+ Days 0.~~101636~~000000% 0.000000% 0.000000% 0.000000% 0.~~101636~~000000% 0.~~049681~~000000% 0.000000% 0.000000% 0.000000% 0.~~049681~~000000% Totals 03.~~985873~~960499% 0.~~111800~~020790% 0.~~111800~~124740% 0.000000% 14.~~209473~~106029% 03.~~867159~~598327% 0.~~059360~~011779% 0.~~074734~~110108% 0.000000% 13.~~001252~~720214%

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 413 0 0 0 413 ~~325~~1,~~128~~364,290.2501 0.00 0.00 0.00 ~~325~~1,~~128~~364,290.2501 60 Days 05 0 0 0 05 0442,355.0042 0.00 0.00 0.00 0442,355.0042 90 Days 03 0 0 0 03 0293,614.0083 0.00 0.00 0.00 0293,614.0083 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 421 0 0 0 421 ~~325~~2,~~128~~100,260.2526 0.00 0.00 0.00 ~~325~~2,~~128~~100,260.2526 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~377003~~239276% 0.000000% 0.000000% 0.000000% 01.~~377003~~239276% 0.~~229270~~972033% 0.000000% 0.000000% 0.000000% 0.~~229270~~972033% 60 Days 0.~~000000~~476644% 0.000000% 0.000000% 0.000000% 0.~~000000~~476644% 0.~~000000~~315171% 0.000000% 0.000000% 0.000000% 0.~~000000~~315171% 90 Days 0.~~000000~~285987% 0.000000% 0.000000% 0.000000% 0.~~000000~~285987% 0.~~000000~~209196% 0.000000% 0.000000% 0.000000% 0.~~000000~~209196% 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 02.~~377003~~001907% 0.000000% 0.000000% 0.000000% 02.~~377003~~001907% 01.~~229270~~496399% 0.000000% 0.000000% 0.000000% 01.~~229270~~496399% 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 1567 0 0 0 1567 29,~~176~~758,~~565~~107.5044 0.00 0.00 0.00 29,~~176~~758,~~565~~107.5044 60 Days 122 0 0 0 122 ~~197~~3,~~108~~533,485.5332 0.00 0.00 0.00 ~~197~~3,~~108~~533,485.5332 90 Days 013 0 0 0 013 01,917,747.0060 0.00 0.00 0.00 01,917,747.0060 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 16102 0 0 0 16102 215,~~373~~209,~~674~~340.0336 0.00 0.00 0.00 215,~~373~~209,~~674~~340.0336 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~420639~~906117% 0.000000% 0.000000% 0.000000% 01.~~420639~~906117% 01.~~392607~~786460% 0.000000% 0.000000% 0.000000% 01.~~392607~~786460% 60 Days 0.~~028043~~625889% 0.000000% 0.000000% 0.000000% 0.~~028043~~625889% 0.~~035554~~646891% 0.000000% 0.000000% 0.000000% 0.~~035554~~646891% 90 Days 0.~~000000~~369844% 0.000000% 0.000000% 0.000000% 0.~~000000~~369844% 0.~~000000~~351090% 0.000000% 0.000000% 0.000000% 0.~~000000~~351090% 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 02.~~448682~~901849% 0.000000% 0.000000% 0.000000% 02.~~448682~~901849% 02.~~428162~~784441% 0.000000% 0.000000% 0.000000% 02.~~428162~~784441% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 47 0 0 0 47 ~~374~~658,~~854~~270.46 0.00 0.00 0.00 ~~374~~658,~~854~~270.46 60 Days 02 0 0 0 02 0278,134.0040 0.00 0.00 0.00 0278,134.0040 90 Days 03 0 0 0 03 0344,480.0044 0.00 0.00 0.00 0344,480.0044 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 412 0 0 0 412 ~~374~~1,~~854~~280,885.4630 0.00 0.00 0.00 ~~374~~1,~~854~~280,885.4630 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~849257~~492537% 0.000000% 0.000000% 0.000000% 01.~~849257~~492537% 01.~~646471~~141570% 0.000000% 0.000000% 0.000000% 01.~~646471~~141570% 60 Days 0.~~000000~~426439% 0.000000% 0.000000% 0.000000% 0.~~000000~~426439% 0.~~000000~~482340% 0.000000% 0.000000% 0.000000% 0.~~000000~~482340% 90 Days 0.~~000000~~639659% 0.000000% 0.000000% 0.000000% 0.~~000000~~639659% 0.~~000000~~597397% 0.000000% 0.000000% 0.000000% 0.~~000000~~597397% 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 02.~~849257~~558635% 0.000000% 0.000000% 0.000000% 02.~~849257~~558635% 02.~~646471~~221306% 0.000000% 0.000000% 0.000000% 02.~~646471~~221306% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 50 40 0 90 ~~580,456~~0.6700 ~~456,867~~0.2600 0.00 ~~1,037,323~~0.9300 30 Days 759 0 1 4 0 864 ~~851~~7,~~945~~698,488.4270 0146,716.0083 62456,~~196~~867.9226 0.00 ~~914~~8,~~142~~302,072.3479 60 Days 016 0 0 0 016 02,365,503.0055 0.00 0.00 0.00 02,365,503.0055 90 Days 05 0 01 0 06 0727,057.0074 0.00 062,196.0092 0.00 0789,254.0066 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 780 51 5 0 1786 ~~851~~10,~~945~~791,049.4299 ~~580~~146,~~456~~716.6783 519,064.18 0.00 111,~~951~~456,~~466~~831.2700 0-29 Days 0.~~215703~~000000% 0.~~172563~~000000% 0.000000% 0.~~388266~~000000% 0.~~176289~~000000% 0.~~138754~~000000% 0.000000% 0.~~315043~~000000% 30 Days 02.~~301984~~596831% 0.~~000000~~044014% 0.~~043141~~176056% 0.000000% 02.~~345125~~816901% 02.~~258742~~383571% 0.~~000000~~045426% 0.~~018890~~141453% 0.000000% 02.~~277631~~570450% 60 Days 0.~~000000~~704225% 0.000000% 0.000000% 0.000000% 0.~~000000~~704225% 0.~~000000~~732396% 0.000000% 0.000000% 0.000000% 0.~~000000~~732396% 90 Days 0.~~000000~~220070% 0.000000% 0.~~000000~~044014% 0.000000% 0.~~000000~~264085% 0.~~000000~~225108% 0.000000% 0.~~000000~~019257% 0.000000% 0.~~000000~~244365% 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 03.~~301984~~521127% 0.~~215703~~044014% 0.~~215703~~220070% 0.000000% 03.~~733391~~785211% 03.~~258742~~341076% 0.~~176289~~045426% 0.~~157643~~160710% 0.000000% 03.~~592674~~547212% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 5 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 30 10 0 40 ~~110,660~~0.1600 ~~70,524~~0.7700 0.00 ~~181,184~~0.9300 30 Days 1661 0 1 0 1762 16,~~703~~566,~~702~~368.1007 0.00 ~~153~~70,~~639~~524.2377 0.00 16,~~857~~636,~~341~~892.3384 60 Days 723 1 0 2 0 924 ~~422~~2,~~388~~124,812.5159 27,961.74 0.00 ~~211,907.91~~ 0.00 ~~634~~2,~~296~~152,774.4233 90 Days 16 0 01 0 17 ~~136~~851,~~262~~252.6746 0.00 0153,639.0023 0.00 ~~136~~1,~~262~~004,891.6769 120 Days 06 0 01 0 07 0374,614.0047 0.00 0116,705.0074 0.00 0491,320.0021 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 100 0 0 0 100 ~~751,738~~0.7000 0.00 0.00 0.00 ~~751,738~~0.7000 Totals 3496 1 3 4 0 41100 39,~~014~~917,~~091~~047.9859 ~~110~~27,~~660~~961.1674 ~~436~~340,~~071~~869.9174 0.00 310,~~560~~285,~~824~~879.0507 0-29 Days 0.~~175029~~000000% 0.~~058343~~000000% 0.000000% 0.~~233372~~000000% 0.~~058509~~000000% 0.~~037289~~000000% 0.000000% 0.~~095798~~000000% 30 Days 03.~~933489~~777090% 0.000000% 0.~~058343~~061920% 0.000000% 03.~~991832~~839009% 03.~~900798~~672955% 0.000000% 0.~~081234~~039449% 0.000000% 03.~~982032~~712404% 60 Days 01.~~408401~~424149% 0.~~000000~~061920% 0.~~116686~~000000% 0.000000% 01.~~525088~~486068% 01.~~223329~~188532% 0.~~000000~~015641% 0.~~112042~~000000% 0.000000% 01.~~335372~~204173% 90 Days 0.~~058343~~371517% 0.000000% 0.~~000000~~061920% 0.000000% 0.~~058343~~433437% 0.~~072046~~476155% 0.000000% 0.~~000000~~085939% 0.000000% 0.~~072046~~562095% 120 Days 0.~~000000~~371517% 0.000000% 0.~~000000~~061920% 0.000000% 0.~~000000~~433437% 0.~~000000~~209544% 0.000000% 0.~~000000~~065280% 0.000000% 0.~~000000~~274824% 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.~~583431~~000000% 0.000000% 0.000000% 0.000000% 0.~~583431~~000000% 0.~~397467~~000000% 0.000000% 0.000000% 0.000000% 0.~~397467~~000000% Totals 15.~~983664~~944272% 0.~~175029~~061920% 0.~~233372~~185759% 0.000000% 26.~~392065~~191950% 15.~~593641~~547187% 0.~~058509~~015641% 0.~~230564~~190668% 0.000000% 15.~~882715~~753496% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 6 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 30 20 0 50 ~~207,083~~0.5800 ~~175,684~~0.8600 0.00 ~~382,768~~0.4400 30 Days 1437 0 04 0 1441 37,~~088~~871,~~150~~543.4763 0.00 0772,951.0050 0.00 38,~~088~~644,~~150~~495.4713 60 Days 177 0 0 0 177 2728,~~958,460~~328.1049 0.00 0.00 0.00 2728,~~958,460~~328.1049 90 Days 111 0 0 0 111 ~~135~~2,~~000~~907,462.0002 0.00 0.00 0.00 ~~135~~2,~~000~~907,462.0002 120 Days 014 0 0 0 014 02,421,572.0051 0.00 0.00 0.00 02,421,572.0051 150 Days 01 0 0 0 01 0135,000.00 0.00 0.00 0.00 0135,000.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 3270 30 24 0 3774 614,~~181~~063,~~610~~906.5765 ~~207,083~~0.5800 ~~175~~772,~~684~~951.8650 0.00 614,~~564~~836,~~379~~858.0115 0-29 Days 0.~~423131~~000000% 0.~~282087~~000000% 0.000000% 0.~~705219~~000000% 0.~~086085~~000000% 0.~~073032~~000000% 0.000000% 0.~~159117~~000000% 30 Days 15.~~974612~~285714% 0.000000% 0.~~000000~~571429% 0.000000% 15.~~974612~~857143% 13.~~283743~~321616% 0.000000% 0.~~000000~~326168% 0.000000% 13.~~283743~~647784% 60 Days 21.~~397743~~000000% 0.000000% 0.000000% 0.000000% 21.~~397743~~000000% 10.~~229831~~307338% 0.000000% 0.000000% 0.000000% 10.~~229831~~307338% 90 Days 01.~~141044~~571429% 0.000000% 0.000000% 0.000000% 01.~~141044~~571429% 01.~~056119~~226884% 0.000000% 0.000000% 0.000000% 01.~~056119~~226884% 120 Days 02.000000% 0.000000% 0.000000% 0.000000% 02.000000% 01.~~000000~~021850% 0.000000% 0.000000% 0.000000% 01.~~000000~~021850% 150 Days 0.~~000000~~142857% 0.000000% 0.000000% 0.000000% 0.~~000000~~142857% 0.~~000000~~056967% 0.000000% 0.000000% 0.000000% 0.~~000000~~056967% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 410.~~513399~~000000% 0.~~423131~~000000% 0.~~282087~~571429% 0.000000% 510.~~218618~~571429% 25.~~569694~~934655% 0.~~086085~~000000% 0.~~073032~~326168% 0.000000% 26.~~728810~~260824%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0408,780.0070

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 8.~~223791~~214121% Weighted Average Net Coupon 7.~~111760~~099765% Weighted Average Pass-Through Rate 7.~~108260~~096265% Weighted Average Maturity(Stepdown Calculation ) ~~353~~352 Beginning Scheduled Collateral Loan Count 109,~~014~~839 Number Of Loans Paid In Full ~~175~~219 Ending Scheduled Collateral Loan Count 9,~~839~~620 Beginning Scheduled Collateral Balance 1,~~537~~512,~~769~~212,~~599~~983.5732 Ending Scheduled Collateral Balance 1,~~512~~482,~~212~~047,~~983~~010.3243 Ending Actual Collateral Balance at 3031-~~Apr~~May-2003 1,~~513~~482,~~137~~980,~~678~~686.9467 Monthly P &I Constant 11,~~573~~382,~~475~~432.0310 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 014.0054 Cumulative Realized Loss 014.0054 Ending Scheduled Balance for Premium Loans 1,~~512~~482,~~212~~047,~~983~~010.3243 Scheduled Principal 1,~~034~~031,~~894~~182.8204 Unscheduled Principal 2429,~~521~~134,~~721~~790.4385

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Coupon Rate 8.~~223791~~214121% Weighted Average Net Rate 7.~~111760~~099765% Weighted Average Pass Through Rate 7.~~108260~~096265% Weighted Average Maturity ~~353~~352 Record Date 0405/3031/2003 Principal and Interest Constant 11,~~573~~382,~~475~~432.0310 Beginning Loan Count 109,~~014~~839 Loans Paid in Full ~~175~~219 Ending Loan Count 9,~~839~~620 Beginning Scheduled Balance 1,~~537~~512,~~769~~212,~~599~~983.5732 Ending Scheduled Balance 1,~~512~~482,~~212~~047,~~983~~010.3243 Ending Actual Balance at 3031-~~Apr~~May-2003 1,~~513~~482,~~137~~980,~~678~~686.9467 Scheduled Principal 1,~~034~~031,~~894~~182.8204 Unscheduled Principal 2429,~~521~~134,~~721~~790.4385 Scheduled Interest 10,~~538~~351,~~580~~250.2106 Servicing Fee ~~640~~630,~~737~~088.3478 Master Servicing Fee 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee ~~784~~774,~~302~~197.7632 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 98,~~113~~946,~~540~~963.1196 Realized Loss Amount 014.0054 Cumulative Realized Loss 014.0054 Percentage of Cumulative Losses 0.00 Special Servicing Fee 0.00 Prepayment Penalties 0.00

Miscellaneous Reporting Monthly Excess Cashflow 4,~~019~~114,~~723~~873.8518 Overcollateralization Amount 10,121,133.74 Overcollateralization Deficiency 0.00 Aggregate Overcollateralization Release 0.00 Targeted Overcollateralization Amount 10,121,133.74 Cap Payment 4136,~~008~~670.7733

Group Level Collateral Statement Group 1 2 3 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 8.~~129002~~126732 8.~~019421~~015789 8.~~389775~~385228 Weighted Average Net Rate 7.~~629002~~626733 7.~~519421~~515789 7.~~889775~~885228 Pass-Through Rate 7.232099 6.719498 7.344088 Weighted Average Maturity ~~353~~352 ~~353~~352 ~~351~~350 Beginning Loan Count 1,~~068~~061 3,~~600~~566 ~~475~~471 Loans Paid In Full 712 3451 42 Ending Loan Count 1,~~061~~049 3,~~566~~515 ~~471~~469 Beginning Scheduled Balance ~~142~~141,~~867~~707,~~267~~728.4322 ~~560~~554,~~441~~032,~~275~~047.6562 5857,~~408~~952,~~564~~740.7353 Ending scheduled Balance ~~141~~140,~~707~~254,~~728~~270.2291 ~~554~~545,~~032~~866,~~047~~044.6295 57,~~952~~631,~~740~~462.5340 Record Date 0405/3031/2003 0405/3031/2003 0405/3031/2003 Principal And Interest Constant 1,~~094~~086,~~709~~725.8692 4,~~140~~095,~~865~~048.0289 ~~458~~455,~~581~~293.2640 Scheduled Principal ~~126~~127,~~902~~041.9892 ~~395~~394,~~519~~212.6628 50,~~219~~337.0262 Unscheduled Principal 1,~~032~~326,~~636~~415.2339 67,~~013~~771,~~708~~790.3739 ~~405~~270,~~605~~940.1851 Scheduled Interest ~~967~~959,~~806~~684.8800 3,~~745~~700,~~345~~836.3661 ~~408~~404,~~362~~955.2478 Servicing Fees 59,~~528~~044.0488 ~~233~~230,~~517~~846.2073 24,~~336~~146.8999 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 46,~~704~~602.7818 ~~371~~367,~~715~~642.5932 26,~~383~~133.4581 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 ~~861~~854,~~574~~036.0694 3,~~140~~102,~~112~~347.5756 ~~357~~354,~~641~~674.9098 Realized Loss Amount 0.00 (0.0027) 0.00 Cumulative Realized Loss 0.00 (0.0027) 0.00 Percentage of Cumulative Losses 0.00 (0.0027) 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 ~~Pass-Through Rate 7.236709 6.723515 7.347729~~

Group Level Collateral Statement Group 4 5 6 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 8.~~192481~~197115 9.~~510058~~476308 7.~~706541~~711931 Weighted Average Net Rate 7.~~692481~~697115 98.~~010058~~976308 7.~~206541~~211931 Pass-Through Rate 6.950783 8.650238 6.801615 Weighted Average Maturity ~~351~~350 ~~328~~327 ~~328~~327 Beginning Loan Count 2,~~335~~318 1,~~815~~714 ~~721~~709 Loans Paid In Full 1746 ~~101~~99 129 Ending Loan Count 2,~~318~~272 1,~~714~~615 ~~709~~700 Beginning Scheduled Balance ~~332~~329,~~084~~066,~~383~~886.2417 ~~198~~189,~~736~~082,~~961~~533.0158 ~~245~~240,~~231~~371,~~147~~047.5120 Ending scheduled Balance ~~329~~322,~~066~~782,~~886~~763.1785 ~~189~~178,~~082~~724,~~533~~268.5850 ~~240~~236,~~371~~788,~~047~~199.2082 Record Date 0405/3031/2003 0405/3031/2003 0405/3031/2003 Principal And Interest Constant 2,~~493~~473,~~587~~474.5790 1,~~627~~545,~~218~~693.6919 1,~~758~~726,~~512~~195.6380 Scheduled Principal ~~226~~225,~~425~~642.0918 52,~~218~~522.6392 ~~183~~181,~~609~~425.4412 Unscheduled Principal 26,~~791~~058,~~071~~480.9814 910,~~602~~305,~~208~~742.8016 43,~~676~~401,~~490~~422.8726 Scheduled Interest 2,~~267~~247,~~162~~832.4872 1,~~575~~493,~~000~~170.0627 1,~~574~~544,~~903~~770.1968 Servicing Fees ~~138~~137,~~368~~111.4720 8278,~~807~~784.0840 ~~102~~100,~~179~~154.6658 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 ~~206~~204,~~266~~661.2618 5351,~~964~~378.8045 8382,~~753~~190.0704 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 1,~~922~~906,~~527~~060.7534 1,~~438~~363,~~228~~007.1842 1,~~388~~362,~~970~~426.4606 Realized Loss Amount 014.0081 0.00 0.00 Cumulative Realized Loss 014.0081 0.00 0.00 Percentage of Cumulative Losses 014.0081 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 ~~Pass-Through Rate 6.947130 8.684212 6.796708~~

Group Level Collateral Statement Group Total Collateral Description Mixed Fixed & Arm Weighted Average Coupon Rate 8.~~223791~~214121 Weighted Average Net Rate 7.~~111760~~099765 Pass-Through Rate 7.096265 Weighted Average Maturity ~~353~~352.00 Record Date 0405/3031/2003 Principal And Interest Constant 11,~~573~~382,~~475~~432.0310 Beginning Loan Count 109,~~014~~839 Loans Paid In Full ~~175~~219 Ending Loan Count 9,~~839~~620 Beginning Scheduled Balance 1,~~537~~512,~~769~~212,~~599~~983.5732 Ending Scheduled Balance 1,~~512~~482,~~212~~047,~~983~~010.3243 Scheduled Principal 1,~~034~~031,~~894~~182.8204 Unscheduled Principal 2429,~~521~~134,~~721~~790.4385 Scheduled Interest 10,~~538~~351,~~580~~250.2106 Servicing Fee ~~640~~630,~~737~~088.3478 Master Servicing Fee 0.00 Trustee Fee 0.00 Fry Amount 0.00 Special Hazard Fee 0.00 Other Fee ~~788~~778,~~787~~607.9598 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 98,~~109~~942,~~054~~553.9230 Realized Loss Amount 014.0054 Cumulative Realized Loss 014.0054 Percentage of Cumulative Losses 0.00 Prepayment Penalties 0.00 Special Servicing Fee 0.00 ~~Pass-Through Rate 7.108260~~

Filing Compare · STRUCTURED ASSET INVESTMENT LOAN TRUST 2003-BC2