8-K 1 thb03003.txt JULY 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): July 25, 2003 THORNBURG MORTGAGE SECURITIES TRUST Mortgage Loan Pass-Through Certificates, Series 2003-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-102489-15 Pending Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) 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 July 25, 2003 a distribution was made to holders of THORNBURG MORTGAGE SECURITIES Trust, Mortgage Loan Pass-Through Certificates, Series 2003-3 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 Loan Pass-Through Certificates, Series 2003-3 Trust, relating to the July 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. THORNBURG MORTGAGE SECURITIES TRUST Mortgage Loan Pass-Through Certificates, Series 2003-3 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: 8/4/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Pass-Through Certificates, Series 2003-3 Trust, relating to the July 25, 2003 distribution. EX-99.1

Thornburg Mortgage Securities Trust Mortgage Loan Pass-Through Certificates Record Date: 56/3130/03 Distribution Date: 67/25/03 THB Series: 2003-3 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 A1 885220DN0 SEN 2.~~65864~~88301% ~~206~~204,~~768~~162,~~000~~645.0075 ~~458~~490,~~101~~501.1381 21,~~605~~035,~~354~~154.2511 R 885220DV2 SEN 2.~~65864~~87505% ~~100~~0.00 0.2200 ~~100~~0.00 A2 885220DP5 SEN 34.~~91249~~11040% ~~115~~112,~~273~~496,~~000~~270.0008 ~~375~~385,~~836~~337.5538 2363,~~776,729~~337.9237 A3 885220DQ3 SEN 4.~~46077~~65869% ~~321~~318,~~254~~746,~~000~~062.0009 1,~~194~~237,~~199~~448.5130 214,~~507~~611,~~937~~059.9115 A4 885220DR1 SEN 5.~~04525~~13508% 96,~~961~~922,~~000~~638.0030 ~~407~~414,~~660~~754.4543 382,~~361~~226,382.7033 B1 885220DS9 SUB 34.~~94854~~13956% 7,~~619~~616,~~000~~705.0077 2526,~~069~~274.9483 2,~~294~~334.2309 B2 885220DT7 SUB 34.~~94854~~13956% 5,~~714~~712,~~000~~279.0040 1819,~~801~~705.6326 1,~~720~~750.6049 B3 885220DU4 SUB 34.~~94854~~13956% 4,~~571~~569,~~000~~623.0058 15,~~040~~763.6552 1,~~376~~400.4233 B4 885220DK6 SUB 34.~~94854~~13956% 1,~~142~~141,~~000~~656.0012 3,~~757~~938.6929 ~~343~~349.8885 B5 885220DL4 SUB 34.~~94854~~13956% ~~761~~760,~~000~~770.0085 2,~~504~~624.0338 ~~229~~233.1513 B6 885220DM2 SUB 34.~~94854~~13956% 1,~~910~~909,~~180~~604.0081 6,~~285~~587.3543 ~~575~~585.19 Totals ~~761~~754,~~973~~038,~~280~~256.0075 2,~~507~~602,~~257~~935.1563 718,~~935~~242,~~023~~586.2504

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 ~~204~~203,~~162~~127,~~645~~491.7564 31,~~063~~525,~~455~~655.3892 0.00 R 0.00 0.00 ~~100~~0.2200 0.00 A2 0.00 112,~~496~~132,~~270~~932.0871 3748,~~152,566~~674.4775 0.00 A3 0.00 ~~318~~304,~~746~~135,~~062~~002.0994 315,~~702~~848,~~137~~507.4245 0.00 A4 0.00 9694,~~922~~696,~~638~~255.3097 ~~446~~2,~~022~~641,136.1576 0.00 B1 0.00 7,~~616~~614,~~705~~371.7768 2728,~~364~~608.1792 0.00 B2 0.00 5,~~712~~710,~~279~~528.4091 2021,~~522~~455.2375 0.00 B3 0.00 4,~~569~~568,~~623~~223.5825 1617,~~417~~163.0785 0.00 B4 0.00 1,141,~~656~~306.1227 4,~~101~~288.5714 0.00 B5 0.00 760,~~770~~537.8571 2,~~733~~857.1851 0.00 B6 0.00 1,909,~~604~~019.8162 67,~~860~~172.5462 0.00 Totals 0.00 ~~754~~735,~~038~~795,~~256~~670.7570 1020,~~442~~845,~~280~~521.4067 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 206,768,000.00 ~~206~~204,~~768~~162,~~000~~645.0075 7,~~838~~804.7402 21,~~597~~027,~~515~~350.5109 0.00 0.00 R 100.00 ~~100~~0.00 0.3000 990.7000 0.00 0.00 A2 115,273,000.00 ~~115~~112,~~273~~496,~~000~~270.0008 20,~~460~~300.7435 2343,~~756,269~~037.1802 0.00 0.00 A3 321,254,000.00 ~~321~~318,~~254~~746,~~000~~062.0009 ~~169~~171,~~342~~413.0784 214,~~338~~439,~~595~~645.8431 0.00 0.00 A4 96,961,000.00 96,~~961~~922,~~000~~638.0030 25,~~269~~408.9264 132,~~091~~200,973.7869 0.00 0.00 B1 7,619,000.00 7,~~619~~616,~~000~~705.0077 2,~~294~~334.2309 0.00 0.00 0.00 B2 5,714,000.00 5,~~714~~712,~~000~~279.0040 1,~~720~~750.6049 0.00 0.00 0.00 B3 4,571,000.00 4,~~571~~569,~~000~~623.0058 1,~~376~~400.4233 0.00 0.00 0.00 B4 1,142,000.00 1,~~142~~141,~~000~~656.0012 ~~343~~349.8885 0.00 0.00 0.00 B5 761,000.00 ~~761~~760,~~000~~770.0085 ~~229~~233.1513 0.00 0.00 0.00 B6 1,910,180.00 1,~~910~~909,~~180~~604.0081 ~~575~~585.19 0.00 0.00 0.00 Totals 761,973,280.00 ~~761~~754,~~973~~038,~~280~~256.0075 ~~229~~231,~~451~~579.2493 718,~~705~~011,~~572~~006.0111 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 21,~~605~~035,~~354~~154.2511 ~~204~~203,~~162~~127,~~645~~491.7564 0.~~98739963~~98239327 21,~~605~~035,~~354~~154.2511 R ~~100~~0.00 0.00 0.00000000 ~~100~~0.00 A2 2363,~~776,729~~337.9237 112,~~496~~132,~~270~~932.0871 0.~~97591171~~97275973 2363,~~776,729~~337.9237 A3 214,~~507~~611,~~937~~059.9115 ~~318~~304,~~746~~135,~~062~~002.0994 0.~~99219329~~94671196 214,~~507~~611,~~937~~059.9115 A4 382,~~361~~226,382.7033 9694,~~922~~696,~~638~~255.3097 0.~~99960436~~97664273 382,~~361~~226,382.7033 B1 2,~~294~~334.2309 7,~~616~~614,~~705~~371.7768 0.~~99969888~~99939253 2,~~294~~334.2309 B2 1,~~720~~750.6049 5,~~712~~710,~~279~~528.4091 0.~~99969888~~99939253 1,~~720~~750.6049 B3 1,~~376~~400.4233 4,~~569~~568,~~623~~223.5825 0.~~99969888~~99939253 1,~~376~~400.4233 B4 ~~343~~349.8885 1,141,~~656~~306.1227 0.~~99969888~~99939253 ~~343~~349.8885 B5 ~~229~~233.1513 760,~~770~~537.8571 0.~~99969888~~99939252 ~~229~~233.1513 B6 ~~575~~585.19 1,909,~~604~~019.8162 0.~~99969888~~99939253 ~~575~~585.19 Totals 718,~~935~~242,~~023~~586.2504 ~~754~~735,~~038~~795,~~256~~670.7570 0.~~98958622~~96564498 718,~~935~~242,~~023~~586.2504

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 206,768,000.00 ~~1000~~987.~~00000000~~39962543 0.~~03791080~~03774288 124.~~56246378~~96861260 0.00000000 R 100.00 ~~1000~~0.00000000 30.00000000 ~~997~~0.00000000 0.00000000 A2 115,273,000.00 ~~1000~~975.~~00000000~~91170595 0.~~17749811~~17610672 232.~~91079594~~97586616 0.00000000 A3 321,254,000.00 ~~1000~~992.~~00000000~~19328659 0.~~52712828~~53357729 744.~~27958513~~94775259 0.00000000 A4 96,961,000.00 ~~1000~~999.~~00000000~~60435948 0.~~26061942~~26205010 022.~~13502109~~69957705 0.00000000 B1 7,619,000.00 ~~1000~~999.~~00000000~~69888043 0.~~30111957~~30635123 0.00000000 0.00000000 B2 5,714,000.00 ~~1000~~999.~~00000000~~69887994 0.~~30112006~~30635107 0.00000000 0.00000000 B3 4,571,000.00 ~~1000~~999.~~00000000~~69887989 0.~~30112011~~30635091 0.00000000 0.00000000 B4 1,142,000.00 ~~1000~~999.~~00000000~~69887916 0.~~30112084~~30634851 0.00000000 0.00000000 B5 761,000.00 ~~1000~~999.~~00000000~~69888305 0.~~30111695~~30634691 0.00000000 0.00000000 B6 1,910,180.00 ~~1000~~999.~~00000000~~69888178 0.~~30111822~~30635333 0.00000000 0.00000000 (2) All Classes Are Per $1000 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 125.~~60037457~~00635548 ~~987~~982.~~39962543~~39326995 0.~~98739963~~98239327 125.~~60037457~~00635548 R 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 A2 0.00000000 243.~~08829405~~15197288 ~~975~~972.~~91170595~~75973307 0.~~97591171~~97275973 243.~~08829405~~15197288 A3 0.00000000 745.~~80671341~~48132988 ~~992~~946.~~19328659~~71195671 0.~~99219329~~94671196 745.~~80671341~~48132988 A4 0.00000000 022.~~39564052~~96162715 ~~999~~976.~~60435948~~64273234 0.~~99960436~~97664273 022.~~39564052~~96162715 B1 0.00000000 0.~~30111957~~30635123 999.~~69888043~~39252920 0.~~99969888~~99939253 0.~~30111957~~30635123 B2 0.00000000 0.~~30112006~~30635107 999.~~69887994~~39252888 0.~~99969888~~99939253 0.~~30112006~~30635107 B3 0.00000000 0.~~30112011~~30635091 999.~~69887989~~39252899 0.~~99969888~~99939253 0.~~30112011~~30635091 B4 0.00000000 0.~~30112084~~30634851 999.~~69887916~~39253065 0.~~99969888~~99939253 0.~~30112084~~30634851 B5 0.00000000 0.~~30111695~~30634691 999.~~69888305~~39252300 0.~~99969888~~99939252 0.~~30111695~~30634691 B6 0.00000000 0.~~30111822~~30635333 999.~~69888178~~39252845 0.~~99969888~~99939253 0.~~30111822~~30635333 (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 206,768,000.00 2.~~65864~~88301% ~~206~~204,~~768~~162,~~000~~645.0075 ~~458~~490,~~101~~501.1381 0.00 0.00 R 100.00 2.~~65864~~87505% ~~100~~0.00 0.2200 0.00 0.00 A2 115,273,000.00 34.~~91249~~11040% ~~115~~112,~~273~~496,~~000~~270.0008 ~~375~~385,~~836~~337.5538 0.00 0.00 A3 321,254,000.00 4.~~46077~~65869% ~~321~~318,~~254~~746,~~000~~062.0009 1,~~194~~237,~~199~~448.5130 0.00 0.00 A4 96,961,000.00 5.~~04525~~13508% 96,~~961~~922,~~000~~638.0030 ~~407~~414,~~660~~754.4543 0.00 0.00 B1 7,619,000.00 34.~~94854~~13956% 7,~~619~~616,~~000~~705.0077 2526,~~069~~274.9483 0.00 0.00 B2 5,714,000.00 34.~~94854~~13956% 5,~~714~~712,~~000~~279.0040 1819,~~801~~705.6326 0.00 0.00 B3 4,571,000.00 34.~~94854~~13956% 4,~~571~~569,~~000~~623.0058 15,~~040~~763.6552 0.00 0.00 B4 1,142,000.00 34.~~94854~~13956% 1,~~142~~141,~~000~~656.0012 3,~~757~~938.6929 0.00 0.00 B5 761,000.00 34.~~94854~~13956% ~~761~~760,~~000~~770.0085 2,~~504~~624.0338 0.00 0.00 B6 1,910,180.00 34.~~94854~~13956% 1,~~910~~909,~~180~~604.0081 6,~~285~~587.3543 0.00 0.00 Totals 761,973,280.00 2,~~507~~602,~~257~~935.1563 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 ~~458~~490,~~101~~501.1381 0.00 ~~204~~203,~~162~~127,~~645~~491.7564 R 0.00 0.00 0.2200 0.00 0.00 A2 0.00 0.00 ~~375~~385,~~836~~337.5538 0.00 112,~~496~~132,~~270~~932.0871 A3 0.00 0.00 1,~~194~~237,~~199~~448.5130 0.00 ~~318~~304,~~746~~135,~~062~~002.0994 A4 0.00 0.00 ~~407~~414,~~660~~754.4543 0.00 9694,~~922~~696,~~638~~255.3097 B1 0.00 0.00 2526,~~069~~274.9483 0.00 7,~~616~~614,~~705~~371.7768 B2 0.00 0.00 1819,~~801~~705.6326 0.00 5,~~712~~710,~~279~~528.4091 B3 0.00 0.00 15,~~040~~763.6552 0.00 4,~~569~~568,~~623~~223.5825 B4 0.00 0.00 3,~~757~~938.6929 0.00 1,141,~~656~~306.1227 B5 0.00 0.00 2,~~504~~624.0338 0.00 760,~~770~~537.8571 B6 0.00 0.00 6,~~285~~587.3543 0.00 1,909,~~604~~019.8162 Totals 0.00 0.00 2,~~507~~602,~~257~~935.1563 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 206,768,000.00 2.~~65864~~88301% ~~1000~~987.~~00000000~~39962543 2.~~21553205~~37223270 0.00000000 0.00000000 R 100.00 2.~~65864~~87505% ~~1000~~0.00000000 20.~~20000000~~00000000 0.00000000 0.00000000 A2 115,273,000.00 34.~~91249~~11040% ~~1000~~975.~~00000000~~91170595 3.~~26040400~~34282425 0.00000000 0.00000000 A3 321,254,000.00 4.~~46077~~65869% ~~1000~~992.~~00000000~~19328659 3.~~71730627~~85193118 0.00000000 0.00000000 A4 96,961,000.00 5.~~04525~~13508% ~~1000~~999.~~00000000~~60435948 4.~~20437547~~27753870 0.00000000 0.00000000 B1 7,619,000.00 34.~~94854~~13956% ~~1000~~999.~~00000000~~69888043 3.~~29045019~~44859299 0.00000000 0.00000000 B2 5,714,000.00 34.~~94854~~13956% ~~1000~~999.~~00000000~~69887994 3.~~29044977~~44859293 0.00000000 0.00000000 B3 4,571,000.00 34.~~94854~~13956% ~~1000~~999.~~00000000~~69887989 3.~~29045067~~44859331 0.00000000 0.00000000 B4 1,142,000.00 34.~~94854~~13956% ~~1000~~999.~~00000000~~69887916 3.~~29044658~~44859019 0.00000000 0.00000000 B5 761,000.00 34.~~94854~~13956% ~~1000~~999.~~00000000~~69888305 3.~~29044678~~44859396 0.00000000 0.00000000 B6 1,910,180.00 34.~~94854~~13956% ~~1000~~999.~~00000000~~69888178 3.~~29044907~~44859123 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 A1 0.00000000 0.00000000 2.~~21553205~~37223270 0.00000000 ~~987~~982.~~39962543~~39326995 R 0.00000000 0.00000000 20.~~20000000~~00000000 0.00000000 0.00000000 A2 0.00000000 0.00000000 3.~~26040400~~34282425 0.00000000 ~~975~~972.~~91170595~~75973307 A3 0.00000000 0.00000000 3.~~71730627~~85193118 0.00000000 ~~992~~946.~~19328659~~71195671 A4 0.00000000 0.00000000 4.~~20437547~~27753870 0.00000000 ~~999~~976.~~60435948~~64273234 B1 0.00000000 0.00000000 3.~~29045019~~44859299 0.00000000 999.~~69888043~~39252920 B2 0.00000000 0.00000000 3.~~29044977~~44859293 0.00000000 999.~~69887994~~39252888 B3 0.00000000 0.00000000 3.~~29045067~~44859331 0.00000000 999.~~69887989~~39252899 B4 0.00000000 0.00000000 3.~~29044658~~44859019 0.00000000 999.~~69887916~~39253065 B5 0.00000000 0.00000000 3.~~29044678~~44859396 0.00000000 999.~~69888305~~39252300 B6 0.00000000 0.00000000 3.~~29044907~~44859123 0.00000000 999.~~69888178~~39252845 (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 1021,~~659~~069,~~459~~589.1700 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 1021,~~659~~069,~~459~~589.1700 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~217~~224,~~178~~067.7733 Payment of Interest and Principal 1020,~~442~~845,~~280~~521.4067 Total Withdrawals (Pool Distribution Amount) 1021,~~659~~069,~~459~~589.1700 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~203~~210,~~971~~997.2334 Master Servicing Fee- Wells Fargo 12,~~699~~567.5630 Trustee Fee - Deutsche Bank ~~507~~502.9869 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~217~~224,~~178~~067.7733

Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.01312382% 100,000.00 0.~~01326193~~01359073% Fraud 15,239,462.00 1.99999953% 15,239,462.00 2.~~02104626~~07115407% Special Hazard 11,006,701.00 1.44449960% 118,~~006~~000,~~701~~000.00 1.~~45970060~~08725837% Limit of Subordinate's Exposure to Certain Types of Losses 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 5 0 0 0 5 3,057,250.00 0.00 0.00 0.00 3,057,250.00 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 5 0 0 0 5 3,057,250.00 0.00 0.00 0.00 3,057,250.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.312336% 0.000000% 0.000000% 0.000000% 1.312336% 1.461424% 0.000000% 0.000000% 0.000000% 1.461424% 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 1.312336% 0.000000% 0.000000% 0.000000% 1.312336% 1.461424% 0.000000% 0.000000% 0.000000% 1.461424% 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 1 362,553.66 0.00 0.00 0.00 362,553.66 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 1 362,553.66 0.00 0.00 0.00 362,553.66 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.409836% 0.000000% 0.000000% 0.000000% 0.409836% 0.313815% 0.000000% 0.000000% 0.000000% 0.313815% 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 0.409836% 0.000000% 0.000000% 0.000000% 0.409836% 0.313815% 0.000000% 0.000000% 0.000000% 0.313815% 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 4 0 0 0 4 1,994,982.88 0.00 0.00 0.00 1,994,982.88 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 4 0 0 0 4 1,994,982.88 0.00 0.00 0.00 1,994,982.88 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.682594% 0.000000% 0.000000% 0.000000% 0.682594% 0.635977% 0.000000% 0.000000% 0.000000% 0.635977% 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 0.682594% 0.000000% 0.000000% 0.000000% 0.682594% 0.635977% 0.000000% 0.000000% 0.000000% 0.635977% 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 2 0 0 0 2 1,451,473.63 0.00 0.00 0.00 1,451,473.63 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 2 0 0 0 2 1,451,473.63 0.00 0.00 0.00 1,451,473.63 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.129944% 0.000000% 0.000000% 0.000000% 1.129944% 1.487784% 0.000000% 0.000000% 0.000000% 1.487784% 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 1.129944% 0.000000% 0.000000% 0.000000% 1.129944% 1.487784% 0.000000% 0.000000% 0.000000% 1.487784%

~~Delinquency~~COLLATERAL ~~Status~~STATEMENT ByCollateral ~~Groups~~Description ~~DELINQUENT~~Mixed ~~BANKRUPTCY~~ARM ~~FORECLOSURE~~Weighted ~~REO~~Average ~~Total~~Gross ~~Group~~Coupon ~~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~~ 4 ~~0 0 0 4 3,636,500~~.00498980% ~~0.00~~Weighted ~~0.00~~Average ~~0.00~~Net ~~3,636,500.00~~Coupon 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 4 ~~0 0 0 4 3,636,500~~.00163193% ~~0.00~~Weighted ~~0.00~~Average ~~0.00 3,636,500.00 0~~Pass-29Through ~~Days~~Rate 04.~~000000~~142393% ~~0.000000%~~Weighted ~~0.000000%~~Average ~~0.000000%~~Maturity(Stepdown ~~0.000000%~~Calculation ~~0.000000%~~) ~~0.000000%~~358 ~~0.000000%~~Beginning 30Scheduled ~~Days~~Collateral ~~1.044386%~~Loan ~~0.000000%~~Count ~~0.000000% 0.000000%~~ 1~~.044386%~~,414 ~~1.729758%~~Number ~~0.000000%~~Of ~~0.000000%~~Loans ~~0.000000%~~Paid ~~1.729758%~~In 60Full ~~Days~~26 ~~0.000000%~~Ending ~~0.000000%~~Scheduled ~~0.000000%~~Collateral ~~0.000000%~~Loan ~~0.000000%~~Count 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 1~~.044386%~~,388 ~~0.000000%~~Beginning ~~0.000000%~~Scheduled ~~0.000000%~~Collateral ~~1.044386% 1.729758% 0.000000% 0.000000% 0.000000% 1.729758% 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 2 0 0 0 2 760~~754,~~451.44 0.00 0.00 0.00 760~~038,~~451~~257.4411 60Ending ~~Days~~Scheduled 0Collateral 0Balance 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 2 0 0 0 2 760735,~~451.44 0.00 0.00 0.00 760~~795,~~451~~671.4406 ~~0-29~~Ending ~~Days~~Actual ~~0.000000%~~Collateral 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.816327% 0.000000% 0.000000% 0.000000% 0.816327% 0.656171% 0.000000% 0.000000% 0.000000% 0.656171% 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 0.816327% 0.000000% 0.000000% 0.000000% 0.816327% 0.656171% 0.000000% 0.000000% 0.000000% 0.656171% 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~~at ~~Balance Principal Balance Principal Balance Principal Balance 0~~30-29Jun-2003 ~~Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 8 0 0 0 8 4~~735,~~150~~975,~~405~~129.0074 ~~0.00~~Monthly ~~0.00~~P ~~0.00~~&I 4Constant 3,~~150~~058,~~405~~582.0038 60Special ~~Days~~Servicing 0Fee 0 ~~0 0 0 0~~.00 ~~0.00~~Prepayment ~~0.00~~Penalties 0.00 ~~0.00~~Realized 90Loss ~~Days~~Amount 0 ~~0 0 0 0 0~~.00 ~~0.00~~Cumulative ~~0.00~~Realized ~~0.00~~Loss 0.00 ~~120~~Class ~~Days~~A 0Optimal 0Amount ~~0 0 0 0~~20,763,974.0087 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Balance ~~0.00~~for ~~150~~Premium ~~Days~~Loans ~~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 8 0 0 0 8 4~~735,~~150~~795,~~405~~671.0006 ~~0.00~~Scheduled ~~0.00~~Principal ~~0.00 4~~231,~~150,405~~579.0094 ~~0-29~~Unscheduled Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.317957% 0.000000% 0.000000% 0.000000% 1.317957% 1.264183% 0.000000% 0.000000% 0.000000% 1.264183% 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 1.317957% 0.000000% 0.000000% 0.000000% 1.317957% 1.264183% 0.000000% 0.000000% 0.000000% 1.264183% 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~~18,011,006.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%11

~~COLLATERAL~~Group ~~STATEMENT~~Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM ~~Weighted~~Mixed ~~Average~~ARM ~~Gross~~Mixed ~~Coupon~~ARM ~~4.290601%~~ Weighted Average ~~Net~~ Coupon Rate 3.~~969375%~~274875 4.399975 5.024578 Weighted Average ~~Pass-Through~~Net Rate 32.~~948575%~~903806 4.131202 4.679486 Weighted Average Maturity~~(Stepdown~~ ~~Calculation~~357 ) 359 358 Beginning ~~Scheduled Collateral~~ Loan Count ~~1,424~~383 ~~Number~~245 Of607 Loans Paid In Full 102 ~~Ending~~1 ~~Scheduled~~21 ~~Collateral~~Ending Loan Count ~~1,414~~381 244 586 Beginning Scheduled ~~Collateral~~ Balance ~~761~~210,~~973~~228,~~280~~480.0070 ~~Ending~~115,878,195.13 ~~Scheduled~~328,165,428.92 ~~Collateral~~Ending scheduled Balance ~~754~~209,~~038~~193,~~257~~094.1173 ~~Ending~~115,514,247.48 ~~Actual~~313,549,304.26 ~~Collateral~~Record ~~Balance~~Date at06/30/2003 ~~31-May-~~06/30/2003 ~~754~~06/30/2003 Principal And Interest Constant 581,~~217~~762.54 445,~~370~~794.92 1,550,556.80 Scheduled Principal 8,035.88 20,910.63 176,479.35 Unscheduled Principal 1,027,350.09 343,037.02 14,439,645.31 Scheduled Interest 573,726.66 424,884.29 1,374,077.45 ~~Monthly~~Servicing PFees &I65,007.71 ~~Constant~~25,954.14 294,~~953~~372.72 Master Servicing Fees 3,~~887~~503.2381 1,931.31 5,469.40 Trustee Fee 140.15 77.25 218.77 FRY Amount 0.00 0.00 0.00 Special ~~Servicing~~Hazard Fee 0.00 ~~Prepayment~~0.00 ~~Penalties~~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 505,074.99 396,921.59 1,274,016.56 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 ~~Class~~0.00 A0.00 ~~Optimal~~Percentage ~~Amount~~of ~~10,364,281~~Cumulative Losses 0.6400 ~~Ending~~0.00 ~~Scheduled~~0.00 ~~Balance~~Prepayment ~~for~~Penalties ~~Premium~~0.00 ~~Loans~~0.00 ~~754,038,257~~0.1100 ~~Scheduled~~Special ~~Principal~~Servicing ~~229,451~~Fee 0.2400 ~~Unscheduled~~0.00 ~~Principal~~0.00 ~~7,705,572~~Pass-Through Rate 2.01883006 4.110402 4.658686

Group Level Collateral Statement Group Group 14 ~~Group~~Total ~~2 Group 3~~ Collateral Description Mixed ARM Mixed ARM ~~Mixed ARM~~ Weighted Average Coupon Rate 35.~~023366~~464547 4.~~189572~~498980 ~~4.816595~~ Weighted Average Net Rate 25.~~679438~~155878 ~~3.933285~~ 4.~~481567~~163193 ~~Pass-Through Rate 2.658638 3.912485 4.460768~~ Weighted Average Maturity 357 358 ~~360 359~~ Beginning Loan Count ~~385~~179 ~~249~~1,414 ~~611~~ Loans Paid In Full 2 426 4 Ending Loan Count ~~383~~177 ~~245~~1,388 ~~607~~ Beginning Scheduled Balance ~~212~~99,~~834~~766,~~164~~152.9336 ~~118~~754,~~655~~038,~~525~~257.4411 ~~330,678,334.66~~ Ending scheduled Balance ~~210~~97,~~228~~539,~~480~~024.7059 ~~115~~735,~~878~~795,~~195~~671.1306 ~~328,165,428.92~~ Record Date 0506/3130/2003 0506/3130/2003 ~~05/31/2003~~ Principal And Interest Constant ~~544~~480,~~298~~468.6812 ~~435~~3,~~324.31 1~~058,~~501,596~~582.2938 Scheduled Principal 826,~~069~~154.0208 21231,~~061~~579.1394 ~~174,309.90~~ Unscheduled Principal 2,~~597~~200,~~615~~973.2169 ~~2,756,269.~~18 2,~~338~~011,~~595~~006.8411 Scheduled Interest ~~536~~454,~~229~~314.6604 ~~414~~2,~~263.18 1~~827,~~327,286~~002.3944 Servicing Fees ~~60,999.63~~ 25,~~341~~662.5627 92210,~~322~~996.0184 Master Servicing Fees ~~3,547.24~~ 1,~~977~~662.6078 512,~~511~~567.30 Trustee Fee ~~141~~66.8952 79502.1169 ~~220.45~~ 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 ~~471~~426,~~540~~922.9047 ~~386~~2,~~864.91 1~~602,~~229,232~~935.6361 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 0Pass-Through Rate 5.00135078 4.142393

Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.370340 4.290601 Weighted Average Net Rate 5.066051 3.969375 Pass-Through Rate 5.045251 3.948575 Weighted Average Maturity 358 359 Beginning Loan Count 179 1,424 Loans Paid In Full 0 10 Ending Loan Count 179 1,414 Beginning Scheduled Balance 99,805,255.33 761,973,280.36 Ending scheduled Balance 99,766,152.36 754,038,257.11 Record Date 05/31/2003 05/31/2003 Principal And Interest Constant 472,667.95 2,953,887.23 Scheduled Principal 26,011.19 229,451.24 Unscheduled Principal 13,091.78 7,705,572.01 Scheduled Interest 446,656.76 2,724,435.99 Servicing Fees 25,308.03 203,971.23 Master Servicing Fees 1,663.42 12,699.56 Trustee Fee 66.53 507.98 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 419,618.78 2,507,257.22 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

Filing Compare · STRUCTURED ASSET SECURITIES CORP THORN MORT SEC TR 2003-3