8-K 1 bst01005.txt AUGUST 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): August 25, 2003 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2001-5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-56240-02 90-0031691 Pooling and Servicing Agreement) (Commission 90-0031692 (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 August 25, 2003 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2001-5 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-5 Trust, relating to the August 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. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2001-5 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: 9/2/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-5 Trust, relating to the August 25, 2003 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 67/3031/03 Distribution Date: 78/25/03 BST Series: 2001-5 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution I-A 07384MEJ7 SEN 6.~~61608~~68290% 2,~~966~~511,~~068~~305.2703 1613,~~253~~985.4667 ~~454~~387,~~763~~527.2391 R-I 07384MEK4 RES 6.~~64031~~63415% 0.00 0.00 0.00 R-II 07384MEL2 RES 6.~~64031~~63415% 0.00 0.00 0.00 II-A-1 07384MEM0 SEN 5.~~02639~~02857% 0.00 0.00 0.00 II-A-2 07384MEN8 SEN 5.~~97639~~97857% 0.00 0.00 0.00 II-A-3 07384MEP3 SEN 6.22000% 2824,~~519~~181,~~924~~622.1337 ~~146~~125,~~870~~341.0541 41,~~338~~242,~~301~~139.7615 II-X 07384MEQ1 SEN 0.~~32562~~35721% 0.00 7,~~738~~198.8122 0.00 III-A 07384MER9 SEN 5.~~92370~~90289% 2520,~~734~~986,~~796~~642.1513 ~~126~~103,~~173~~234.0482 43,~~748~~986,~~154~~896.0213 III-X 07384MEW8 SEN 0.30200% 0.00 65,~~476~~281.5964 0.00 IV-A 07384MES7 SEN 6.~~77298~~78459% 9,~~399~~048,~~641~~319.0465 5251,~~737~~157.1958 ~~351~~1,~~321~~092,253.3941 B-1 07384MET5 SUB 6.~~45538~~46374% 1,~~899~~759,~~038~~726.6876 109,~~152~~478.0468 ~~139~~96,~~311~~332.9234 B-2 07384MEU2 SUB 6.~~45538~~46374% 1938,~~012,765~~469.4177 5,~~414~~055.1302 7451,~~295~~374.6445 B-3 07384MEV0 SUB 6.~~45538~~46374% ~~886~~821,~~214~~202.1117 4,~~737~~423.6036 6544,~~011~~954.9489 B-4 07384MEX6 SUB 6.~~45538~~46374% ~~506~~469,~~382~~234.7189 2,~~707~~527.0651 3725,~~147~~687.8222 B-5 07384MEY4 SUB 6.~~45538~~46374% ~~379~~351,~~772~~912.2446 21,~~030~~895.2256 2719,~~859~~264.7867 B-6 07384MEZ1 SUB 6.~~45538~~46374% ~~379~~190,~~905~~613.2410 21,~~030~~026.9373 2710,~~869~~434.5469 Totals 7161,~~684~~259,~~507~~048.9833 ~~383~~330,~~321~~606.1220 106,~~264~~956,~~037~~864.0486

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 2,~~511~~123,~~305~~777.0312 ~~471~~401,~~016~~513.6958 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 II-A-1 0.00 0.00 0.00 0.00 II-A-2 0.00 0.00 0.00 0.00 II-A-3 0.00 2422,~~181~~939,~~622~~483.3722 41,~~485~~367,~~171~~480.8156 0.00 II-X 0.00 0.00 7,~~738~~198.8122 0.00 III-A 0.00 2016,~~986~~999,~~642~~746.1300 4,~~874~~090,~~327~~130.0695 0.00 III-X 0.00 0.00 65,~~476~~281.5964 0.00 IV-A 0.00 97,~~048~~956,~~319~~066.6525 ~~404~~1,~~058~~143,410.5899 0.00 B-1 0.00 1,~~759~~663,~~726~~394.7642 ~~149~~105,~~463~~811.9602 0.00 B-2 0.00 ~~938~~887,~~469~~095.7732 7956,~~709~~429.7747 0.00 B-3 0.00 ~~821~~776,~~202~~247.1728 6949,~~749~~378.5425 0.00 B-4 0.00 ~~469~~443,~~234~~547.8966 3928,~~854~~214.8873 0.00 B-5 0.00 ~~351~~332,~~912~~647.4679 2921,~~890~~160.0023 0.00 B-6 ~~161,422~~0.6100 ~~190~~180,~~613~~178.1041 2911,~~900~~461.4742 161,422.61 Totals ~~161,422~~0.6100 6154,~~259~~302,~~048~~183.3347 107,~~647~~287,~~358~~471.1606 161,422.61 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) I-A 25,257,000.00 2,~~966~~511,~~068~~305.2703 5,~~330~~035.3940 ~~449~~382,~~432~~492.8451 0.00 0.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 II-A-1 94,000,000.00 0.00 0.00 0.00 0.00 0.00 II-A-2 57,500,000.00 0.00 0.00 0.00 0.00 0.00 II-A-3 46,590,200.00 2824,~~519~~181,~~924~~622.1337 0.00 41,~~338~~242,~~301~~139.7615 0.00 0.00 II-X 0.00 0.00 0.00 0.00 0.00 0.00 III-A 156,507,600.00 2520,~~734~~986,~~796~~642.1513 54,~~604~~711.3549 43,~~742~~982,~~549~~184.6665 0.00 0.00 III-X 0.00 0.00 0.00 0.00 0.00 0.00 IV-A 39,543,600.00 9,~~399~~048,~~641~~319.0465 0.00 ~~351~~1,~~321~~092,253.3941 0.00 0.00 B-1 3,209,800.00 1,~~899~~759,~~038~~726.6876 ~~351~~235.0710 ~~138~~96,~~960~~097.8525 0.00 0.00 B-2 1,711,800.00 1938,~~012,765~~469.4177 ~~187~~125.2338 7451,~~108~~249.4107 0.00 0.00 B-3 1,497,900.00 ~~886~~821,~~214~~202.1117 ~~163~~109.8371 6444,~~848~~845.1118 0.00 0.00 B-4 855,900.00 ~~506~~469,~~382~~234.7189 9362.6169 3725,~~054~~624.2153 0.00 0.00 B-5 641,900.00 ~~379~~351,~~772~~912.2446 7047.2101 2719,~~789~~217.5765 0.00 0.00 B-6 642,124.78 ~~379~~190,~~905~~613.2410 7025.2347 2710,~~799~~409.3123 0.00 ~~161,422~~0.6100 Totals 427,957,924.78 7161,~~684~~259,~~507~~048.9833 1110,~~870~~352.9225 106,~~252~~946,~~166~~512.1163 0.00 ~~161,422~~0.6100 (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 I-A ~~454~~387,~~763~~527.2391 2,~~511~~123,~~305~~777.0312 0.~~09943006~~08408667 ~~454~~387,~~763~~527.2391 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 II-A-1 0.00 0.00 0.00000000 0.00 II-A-2 0.00 0.00 0.00000000 0.00 II-A-3 41,~~338~~242,~~301~~139.7615 2422,~~181~~939,~~622~~483.3722 0.~~51902809~~49236713 41,~~338~~242,~~301~~139.7615 II-X 0.00 0.00 0.00000000 0.00 III-A 43,~~748~~986,~~154~~896.0213 2016,~~986~~999,~~642~~746.1300 0.~~13409344~~10861930 43,~~748~~986,~~154~~896.0213 III-X 0.00 0.00 0.00000000 0.00 IV-A ~~351~~1,~~321~~092,253.3941 97,~~048~~956,~~319~~066.6525 0.~~22881881~~20119732 ~~351~~1,~~321~~092,253.3941 B-1 ~~139~~96,~~311~~332.9234 1,~~759~~663,~~726~~394.7642 0.~~54823564~~51822370 ~~139~~96,~~311~~332.9234 B-2 7451,~~295~~374.6445 ~~938~~887,~~469~~095.7732 0.~~54823564~~51822369 7451,~~295~~374.6445 B-3 6544,~~011~~954.9489 ~~821~~776,~~202~~247.1728 0.~~54823564~~51822370 6544,~~011~~954.9489 B-4 3725,~~147~~687.8222 ~~469~~443,~~234~~547.8966 0.~~54823565~~51822369 3725,~~147~~687.8222 B-5 2719,~~859~~264.7867 ~~351~~332,~~912~~647.4679 0.~~54823564~~51822370 2719,~~859~~264.7867 B-6 ~~189~~10,~~292~~434.1569 ~~190~~180,~~613~~178.1041 0.~~29684744~~28059719 2710,~~869~~434.5469 Totals 106,~~425~~956,~~459~~864.6586 6154,~~259~~302,~~048~~183.3347 0.~~14314269~~12688673 106,~~264~~956,~~037~~864.0486

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 25,257,000.00 ~~117~~99.~~43549392~~43006018 0.~~21104605~~19936651 1715.~~79438730~~14401988 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 94,000,000.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 57,500,000.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 46,590,200.00 ~~612~~519.~~14427347~~02808681 0.00000000 9326.~~11618667~~66095338 0.00000000 II-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A 156,507,600.00 ~~164~~134.~~43160684~~09343783 0.~~03580880~~03010391 3025.~~30236014~~44403371 0.00000000 III-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 IV-A 39,543,600.00 ~~237~~228.~~70321974~~81881392 0.00000000 827.~~88440582~~62149653 0.00000000 B-1 3,209,800.00 ~~591~~548.~~63769705~~23564085 0.~~10937442~~07324444 4329.~~29268179~~93870335 0.00000000 B-2 1,711,800.00 ~~591~~548.~~63769716~~23564085 0.~~10937610~~07324454 4329.~~29268022~~93870195 0.00000000 B-3 1,497,900.00 ~~591~~548.~~63769945~~23564323 0.~~10937312~~07324254 4329.~~29268309~~93870085 0.00000000 B-4 855,900.00 ~~591~~548.~~63770300~~23564669 0.~~10937025~~07324454 4329.~~29268606~~93869611 0.00000000 B-5 641,900.00 ~~591~~548.~~63770058~~23564418 0.~~10937841~~07323571 4329.~~29267799~~93869762 0.00000000 B-6 642,124.78 ~~591~~296.~~63771876~~84744451 0.~~10937127~~03966519 4316.~~29269149~~21060318 0.00000000 2) All Senior Classes are per $1,000 denomination, all Offered Subordinate Classes are $25,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A 0.00000000 1815.~~00543335~~34338639 9984.~~43006018~~08667379 0.~~09943006~~08408667 1815.~~00543335~~34338639 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 0.00000000 9326.~~11618667~~66095338 ~~519~~492.~~02808681~~36713343 0.~~51902809~~49236713 9326.~~11618667~~66095338 II-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A 0.00000000 3025.~~33816901~~47413755 ~~134~~108.~~09343783~~61930028 0.~~13409344~~10861930 3025.~~33816901~~47413755 III-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 IV-A 0.00000000 827.~~88440582~~62149653 ~~228~~201.~~81881392~~19731764 0.~~22881881~~20119732 827.~~88440582~~62149653 B-1 0.00000000 4330.~~40205620~~01194467 ~~548~~518.~~23564085~~22369618 0.~~54823564~~51822370 4330.~~40205620~~01194467 B-2 0.00000000 4330.~~40205631~~01194649 ~~548~~518.~~23564085~~22369436 0.~~54823564~~51822369 4330.~~40205631~~01194649 B-3 0.00000000 4330.~~40205621~~01194339 ~~548~~518.~~23564323~~22369985 0.~~54823564~~51822370 4330.~~40205621~~01194339 B-4 0.00000000 4330.~~40205631~~01194065 ~~548~~518.~~23564669~~22369436 0.~~54823565~~51822369 4330.~~40205631~~01194065 B-5 0.00000000 4330.~~40205640~~01194890 ~~548~~518.~~23564418~~22369528 0.~~54823564~~51822370 4330.~~40205640~~01194890 B-6 ~~251~~0.~~38822707~~00000000 ~~294~~16.~~79028982~~25025279 ~~296~~280.~~84744451~~59719172 0.~~29684744~~28059719 4316.~~40206276~~25025279 (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 I-A 25,257,000.00 6.~~61608~~68290% 2,~~966~~511,~~068~~305.2703 1613,~~353~~985.1167 0.00 0.00 R-I 50.00 6.~~64031~~63415% 0.00 0.00 0.00 0.00 R-II 50.00 6.~~64031~~63415% 0.00 0.00 0.00 0.00 II-A-1 94,000,000.00 5.~~02639~~02857% 0.00 0.00 0.00 0.00 II-A-2 57,500,000.00 5.~~97639~~97857% 0.00 0.00 0.00 0.00 II-A-3 46,590,200.00 6.22000% 2824,~~519~~181,~~924~~622.1337 ~~147~~125,~~828~~341.2741 0.00 0.00 II-X 0.00 0.~~32562~~35721% 2824,~~519~~181,~~924~~622.1337 7,~~738~~198.8122 0.00 0.00 III-A 156,507,600.00 5.~~92370~~90289% 2520,~~734~~986,~~796~~642.1513 ~~127~~103,~~037~~234.6982 0.00 0.00 III-X 0.00 0.30200% 2520,~~734~~986,~~796~~642.1513 65,~~476~~281.5964 0.00 0.00 IV-A 39,543,600.00 6.~~77298~~78459% 9,~~399~~048,~~641~~319.0465 5351,~~053~~157.0058 0.00 0.00 B-1 3,209,800.00 6.~~45538~~46374% 1,~~899~~759,~~038~~726.6876 109,~~215~~478.8468 0.00 0.00 B-2 1,711,800.00 6.~~45538~~46374% 1938,~~012,765~~469.4177 5,~~448~~055.1502 0.00 0.00 B-3 1,497,900.00 6.~~45538~~46374% ~~886~~821,~~214~~202.1117 4,~~767~~423.3736 0.00 0.00 B-4 855,900.00 6.~~45538~~46374% ~~506~~469,~~382~~234.7189 2,~~724~~527.0851 0.00 0.00 B-5 641,900.00 6.~~45538~~46374% ~~379~~351,~~772~~912.2446 21,~~042~~895.9856 0.00 0.00 B-6 642,124.78 6.~~45538~~46374% ~~379~~190,~~905~~613.2410 21,~~043~~026.6973 0.00 0.00 Totals 427,957,924.78 ~~385~~330,~~729~~606.5820 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 I-A 990.6600 0.00 1613,~~253~~985.4667 0.00 2,~~511~~123,~~305~~777.0312 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 II-A-1 0.00 0.00 0.00 0.00 0.00 II-A-2 0.00 0.00 0.00 0.00 0.00 II-A-3 ~~958~~0.2300 0.00 ~~146~~125,~~870~~341.0541 0.00 2422,~~181~~939,~~622~~483.3722 II-X 0.00 0.00 7,~~738~~198.8122 0.00 2422,~~181~~939,~~622~~483.3722 III-A ~~864~~0.6500 0.00 ~~126~~103,~~173~~234.0482 0.00 2016,~~986~~999,~~642~~746.1300 III-X 0.00 0.00 65,~~476~~281.5964 0.00 2016,~~986~~999,~~642~~746.1300 IV-A ~~315~~0.8100 0.00 5251,~~737~~157.1958 0.00 97,~~048~~956,~~319~~066.6525 B-1 630.8000 0.00 109,~~152~~478.0468 0.00 1,~~759~~663,~~726~~394.7642 B-2 340.0300 0.00 5,~~414~~055.1302 0.00 ~~938~~887,~~469~~095.7732 B-3 290.7800 0.00 4,~~737~~423.6036 0.00 ~~821~~776,~~202~~247.1728 B-4 170.0100 0.00 2,~~707~~527.0651 0.00 ~~469~~443,~~234~~547.8966 B-5 120.7600 0.00 21,~~030~~895.2256 0.00 ~~351~~332,~~912~~647.4679 B-6 120.7600 0.00 21,~~030~~026.9373 0.00 ~~190~~180,~~613~~178.1041 Totals ~~2,408~~0.4900 0.00 ~~383~~330,~~321~~606.1220 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 I-A 25,257,000.00 6.~~61608~~68290% ~~117~~99.~~43549392~~43006018 0.~~64746842~~55373441 0.00000000 0.00000000 R-I 50.00 6.~~64031~~63415% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 6.~~64031~~63415% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 94,000,000.00 5.~~02639~~02857% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 57,500,000.00 5.~~97639~~97857% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 46,590,200.00 6.22000% ~~612~~519.~~14427347~~02808681 32.~~17294774~~69029560 0.00000000 0.00000000 II-X 0.00 0.~~32562~~35721% ~~143~~122.~~97443251~~07379451 0.~~03906710~~03633809 0.00000000 0.00000000 III-A 156,507,600.00 5.~~92370~~90289% ~~164~~134.~~43160684~~09343783 0.~~81170301~~65961538 0.00000000 0.00000000 III-X 0.00 0.30200% ~~164~~134.~~43160684~~09343783 0.~~04138195~~03374686 0.00000000 0.00000000 IV-A 39,543,600.00 6.~~77298~~78459% ~~237~~228.~~70321974~~81881392 1.~~34163303~~29370062 0.00000000 0.00000000 B-1 3,209,800.00 6.~~45538~~46374% ~~591~~548.~~63769705~~23564085 32.~~18270297~~95304380 0.00000000 0.00000000 B-2 1,711,800.00 6.~~45538~~46374% ~~591~~548.~~63769716~~23564085 32.~~18270242~~95304358 0.00000000 0.00000000 B-3 1,497,900.00 6.~~45538~~46374% ~~591~~548.~~63769945~~23564323 32.~~18270245~~95304092 0.00000000 0.00000000 B-4 855,900.00 6.~~45538~~46374% ~~591~~548.~~63770300~~23564669 32.~~18270826~~95304358 0.00000000 0.00000000 B-5 641,900.00 6.~~45538~~46374% ~~591~~548.~~63770058~~23564418 32.~~18270759~~95304565 0.00000000 0.00000000 B-6 642,124.78 6.~~45538~~46374% ~~591~~296.~~63771876~~84744451 31.~~18269916~~59895714 0.00000000 0.00000000 5) All Senior Classes are per $1,000 denomination, all Offered Subordinate Classes are $25,000 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 I-A 0.~~00394584~~00000000 0.00000000 0.~~64352298~~55373441 0.00000000 9984.~~43006018~~08667379 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 0.~~02056720~~00000000 0.00000000 32.~~15238076~~69029560 0.00000000 ~~519~~492.~~02808681~~36713343 II-X 0.00000000 0.00000000 0.~~03906710~~03633809 0.00000000 ~~122~~115.~~07379451~~80322106 III-A 0.~~00552465~~00000000 0.00000000 0.~~80617836~~65961538 0.00000000 ~~134~~108.~~09343783~~61930028 III-X 0.00000000 0.00000000 0.~~04138195~~03374686 0.00000000 ~~134~~108.~~09343783~~61930028 IV-A 0.~~00798637~~00000000 0.00000000 1.~~33364666~~29370062 0.00000000 ~~228~~201.~~81881392~~19731764 B-1 0.~~01987663~~00000000 0.00000000 32.~~16282634~~95304380 0.00000000 ~~548~~518.~~23564085~~22369618 B-2 0.~~01987966~~00000000 0.00000000 32.~~16282860~~95304358 0.00000000 ~~548~~518.~~23564085~~22369436 B-3 0.~~01988117~~00000000 0.00000000 32.~~16282796~~95304092 0.00000000 ~~548~~518.~~23564323~~22369985 B-4 0.~~01987382~~00000000 0.00000000 32.~~16282276~~95304358 0.00000000 ~~548~~518.~~23564669~~22369436 B-5 0.~~01987849~~00000000 0.00000000 32.~~16282910~~95304565 0.00000000 ~~548~~518.~~23564418~~22369528 B-6 0.~~01987153~~00000000 0.00000000 31.~~16282764~~59895714 0.00000000 ~~296~~280.~~84744451~~59719172 (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 II-X-1 1.46200% 0.00 0.00 0.00 0.00 0.00000000% II-X-2 0.51200% 0.00 0.00 0.00 0.00 0.00000000% II-X-3 0.~~32562~~35721% ~~28,519,924.13~~ 24,181,622.37 22,939,483.22 0.00 0.00 5149.~~90280868~~23671334%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 107,~~845~~307,~~644~~360.3690 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 611,~~595~~817.9987 Realized Loss (Gains, Subsequent Expenses & Recoveries) ~~(161,422~~0.~~61)~~00 Prepayment Penalties 0.00 Total Deposits 107,~~690~~319,~~817~~178.7477 Withdrawals Reimbursement for Servicer Advances 146,~~661~~595.0799 Payment of Service Fee 2825,~~798~~111.5172 Payment of Interest and Principal 107,~~647~~287,~~358~~471.1606 Total Withdrawals (Pool Distribution Amount) 107,~~690~~319,~~817~~178.7477 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall ~~3,427~~242.5861 Servicing Fee Support ~~1,019~~242.1061 Non-Supported Prepayment/Curtailment Interest Shortfall ~~2,408~~0.4800

SERVICING FEES Gross Servicing Fee 2118,~~796~~639.3628 Supplemental PMI Insurance Fee 86,~~021~~715.2505 Supported Prepayment/Curtailment Interest Shortfall ~~1,019~~242.1061 Net Servicing Fee 2825,~~798~~111.5172

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 24 0 0 0 24 ~~535~~1,~~167~~442,045.0743 0.00 0.00 0.00 ~~535~~1,~~167~~442,045.0743 60 Days 10 0 0 0 10 ~~280,000~~0.00 0.00 0.00 0.00 ~~280,000~~0.00 90 Days 01 0 0 0 01 0280,000.00 0.00 0.00 0.00 0280,000.00 120 Days 10 0 0 0 10 ~~287,191~~0.6900 0.00 0.00 0.00 ~~287,191~~0.6900 150 Days 0 0 01 0 01 0.00 0.00 0287,191.0069 0.00 0287,191.0069 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 45 0 01 0 46 1,~~102~~722,~~358~~045.7643 0.00 0287,191.0069 0.00 12,~~102~~009,~~358~~237.7612 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 12.~~324503~~985075% 0.000000% 0.000000% 0.000000% 12.~~324503~~985075% 02.~~873475~~655177% 0.000000% 0.000000% 0.000000% 02.~~873475~~655177% 60 Days 0.~~662252~~000000% 0.000000% 0.000000% 0.000000% 0.~~662252~~000000% 0.~~457003~~000000% 0.000000% 0.000000% 0.000000% 0.~~457003~~000000% 90 Days 0.~~000000~~746269% 0.000000% 0.000000% 0.000000% 0.~~000000~~746269% 0.~~000000~~515552% 0.000000% 0.000000% 0.000000% 0.~~000000~~515552% 120 Days 0.~~662252~~000000% 0.000000% 0.000000% 0.000000% 0.~~662252~~000000% 0.~~468741~~000000% 0.000000% 0.000000% 0.000000% 0.~~468741~~000000% 150 Days 0.000000% 0.000000% 0.~~000000~~746269% 0.000000% 0.~~000000~~746269% 0.000000% 0.000000% 0.~~000000~~528794% 0.000000% 0.~~000000~~528794% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 23.~~649007~~731343% 0.000000% 0.~~000000~~746269% 0.000000% 24.~~649007~~477612% 13.~~799219~~170729% 0.000000% 0.~~000000~~528794% 0.000000% 13.~~799219~~699523%

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 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% 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 12 0 0 0 12 ~~200~~622,~~000~~200.00 0.00 0.00 0.00 ~~200~~622,~~000~~200.00 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 10 0 0 0 10 ~~287,191~~0.6900 0.00 0.00 0.00 ~~287,191~~0.6900 150 Days 0 0 01 0 01 0.00 0.00 0287,191.0069 0.00 0287,191.0069 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2 0 01 0 23 ~~487~~622,~~191~~200.6900 0.00 0287,191.0069 0.00 ~~487~~909,~~191~~391.69 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 13.~~492537~~174603% 0.000000% 0.000000% 0.000000% 13.~~492537~~174603% 02.~~757813~~479348% 0.000000% 0.000000% 0.000000% 02.~~757813~~479348% 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 10.~~492537~~000000% 0.000000% 0.000000% 0.000000% 10.~~492537~~000000% 10.~~088188~~000000% 0.000000% 0.000000% 0.000000% 10.~~088188~~000000% 150 Days 0.000000% 0.000000% 01.~~000000~~587302% 0.000000% 01.~~000000~~587302% 0.000000% 0.000000% 01.~~000000~~144404% 0.000000% 01.~~000000~~144404% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 23.~~985075~~174603% 0.000000% 01.~~000000~~587302% 0.000000% 24.~~985075~~761905% 12.~~846001~~479348% 0.000000% 01.~~000000~~144404% 0.000000% 13.~~846001~~623752% 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 02 0 0 0 02 0819,845.0043 0.00 0.00 0.00 0819,845.0043 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 02 0 0 0 02 0819,845.0043 0.00 0.00 0.00 0819,845.0043 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 04.~~000000~~444444% 0.000000% 0.000000% 0.000000% 04.~~000000~~444444% 04.~~000000~~420504% 0.000000% 0.000000% 0.000000% 04.~~000000~~420504% 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 04.~~000000~~444444% 0.000000% 0.000000% 0.000000% 04.~~000000~~444444% 04.~~000000~~420504% 0.000000% 0.000000% 0.000000% 04.~~000000~~420504% 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 10 0 0 0 10 ~~335,167~~0.0700 0.00 0.00 0.00 ~~335,167~~0.0700 60 Days 10 0 0 0 10 ~~280,000~~0.00 0.00 0.00 0.00 ~~280,000~~0.00 90 Days 01 0 0 0 01 0280,000.00 0.00 0.00 0.00 0280,000.00 120 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 21 0 0 0 21 ~~615~~280,~~167~~000.0700 0.00 0.00 0.00 ~~615~~280,~~167~~000.0700 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 40.~~347826~~000000% 0.000000% 0.000000% 0.000000% 40.~~347826~~000000% 30.~~505961~~000000% 0.000000% 0.000000% 0.000000% 30.~~505961~~000000% 60 Days 40.~~347826~~000000% 0.000000% 0.000000% 0.000000% 40.~~347826~~000000% 20.~~928895~~000000% 0.000000% 0.000000% 0.000000% 20.~~928895~~000000% 90 Days 05.000000% 0.000000% 0.000000% 0.000000% 05.000000% 03.~~000000~~318465% 0.000000% 0.000000% 0.000000% 03.~~000000~~318465% 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 85.~~695652~~000000% 0.000000% 0.000000% 0.000000% 85.~~695652~~000000% 63.~~434857~~318465% 0.000000% 0.000000% 0.000000% 63.~~434857~~318465%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 611,~~595~~817.9987

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 402,700,924.78 94.09825155% 5852,~~747~~178,~~743~~406.3035 9596.~~90051576~~08896552% 43.~~099484~~911034% 9597.~~475774~~868317% Class R-I 402,700,874.78 94.09823986% 5852,~~747~~178,~~743~~406.3035 9596.~~90051576~~08896552% 0.000000% 0.000000% Class R-II 402,700,824.78 94.09822818% 5852,~~747~~178,~~743~~406.3035 9596.~~90051576~~08896552% 0.000000% 0.000000% Class 2A1 308,700,824.78 72.13345209% 5852,~~747~~178,~~743~~406.3035 9596.~~90051576~~08896552% 0.000000% 0.000000% Class 2A2 251,200,824.78 58.69755182% 5852,~~747~~178,~~743~~406.3035 9596.~~90051576~~08896552% 0.000000% 0.000000% Class 2A3 204,610,624.78 47.81092085% 3429,~~566~~238,~~120~~923.9313 5653.~~42614744~~84483876% 3942.~~474368~~244127% 2411.~~144622~~416867% Class 3A 48,103,024.78 11.24012945% 1312,~~579~~239,~~478~~177.8013 22.~~16730290~~53901473% 3431.~~258845~~305824% 208.~~954530~~460689% Class B-1 5,349,624.78 1.25003522% 2,~~771~~619,~~432~~716.3946 4.~~52411924~~82432988% 23.~~872599~~063218% 10.~~757034~~827863% Class B-2 3,637,824.78 0.85004263% 1,~~832~~732,~~962~~621.6214 23.~~99215001~~19070253% 1.~~531969~~633627% 0.~~937034~~441503% Class B-3 2,139,924.78 0.50003158% 1956,~~011,760~~373.4586 1.~~65160981~~76120701% 1.~~340540~~429496% 0.~~819946~~386334% Class B-4 1,284,024.78 0.30003529% ~~542~~512,~~525~~826.5620 0.~~88562518~~94439333% 0.~~765985~~816814% 0.~~468517~~220751% Class B-5 642,124.78 0.15004390% ~~190~~180,~~613~~178.1041 0.~~31115909~~33180693% 0.~~574466~~612586% 0.~~351374~~165557% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~311159~~331807% 0.~~190321~~089674% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.~~956268~~972890% Weighted Average Net Coupon 6.~~591396~~607767% Weighted Average Pass-Through Rate 6.~~457121~~476226% Weighted Average Maturity(Stepdown Calculation ) ~~334~~333 Beginning Scheduled Collateral Loan Count ~~178~~151 Number Of Loans Paid In Full 2717 Ending Scheduled Collateral Loan Count ~~151~~134 Beginning Scheduled Collateral Balance 7161,~~684~~259,~~507~~048.9733 Ending Scheduled Collateral Balance 6154,~~259~~302,~~048~~183.3347 Ending Actual Collateral Balance at 3031-~~Jun~~Jul-2003 6154,~~268~~310,~~721~~702.4838 Monthly P &I Constant ~~427~~366,~~418~~312.1277 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount ~~161,422~~0.6100 Cumulative Realized Loss 161,422.61 Class A Optimal Amount 107,~~251~~015,~~027~~015.8894 Ending Scheduled Balance for Premium Loans 6154,~~259~~302,~~048~~183.3347 Scheduled Principal 1110,~~870~~352.9224 Unscheduled Principal 106,~~413~~946,~~588~~512.7262

Miscellaneous Reporting Senior Percentage Group I 9095.~~951548~~736635% Senior Percentage Group II 9291.~~285281~~625764% Senior Percentage Group III 9392.~~246904~~516308% Senior Percentage Group IV 94.~~747612~~648498% Senior Prepayment Percentage Group I 9597.~~475774~~868317% Senior Prepayment Percentage Group II 9695.~~142641~~812882% Senior Prepayment Percentage Group III 96.~~623452~~258154% Senior Prepayment Percentage Group IV 97.~~373806~~324249% Stop-Loss Amount 8,559,158.50 Subordinate Percentage Group I 94.~~048452~~263365% Subordinate Percentage Group II 78.~~714719~~374236% Subordinate Percentage Group III 67.~~753096~~483692% Subordinate Percentage Group IV 5.~~252388~~351502% Subordinate Prep. Percentage Group I 42.~~524226~~131683% Subordinate Prep. Percentage Group II 34.~~857359~~187118% Subordinate Prep. Percentage Group III 3.~~376548~~741846% Subordinate Prep. Percentage Group IV 2.~~626194~~675751%

Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.~~100692~~155326 7.~~048544~~078418 6.~~716141~~691057 Weighted Average Net Rate 6.~~725692~~780327 6.~~673544~~703419 6.~~367449~~342728 Weighted Average Maturity ~~333~~332 332 333 ~~334~~ Beginning Loan Count 87 79 67 54 Loans Paid In Full 1 124 139 Ending Loan Count 76 6763 5445 Beginning Scheduled Balance 32,~~261~~623,~~152~~139.0503 3026,~~904~~391,~~087~~727.5990 2722,~~598~~684,~~552~~262.8553 Ending scheduled Balance 2,~~623~~227,~~139~~055.0376 2625,~~391~~095,~~727~~306.9004 2218,~~684~~542,~~262~~185.5370 Record Date 0607/3031/2003 0607/3031/2003 0607/3031/2003 Principal And Interest Constant 2520,~~157~~900.7282 ~~181~~155,~~524~~676.0241 ~~160~~131,~~473~~577.3734 Scheduled Principal 5,~~860~~259.6964 0.00 65,~~010~~092.2360 Unscheduled Principal ~~632~~390,~~152~~823.3363 41,~~512~~296,~~359~~421.6986 4,~~908~~136,~~280~~984.0923 Scheduled Interest 1915,~~297~~641.0318 ~~181~~155,~~524~~676.0241 ~~154~~126,~~463~~484.1474 Servicing Fees ~~1,019~~819.1173 98,~~657~~247.5341 86,~~019~~584.4966 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 ~~297~~212.9096 32,~~294~~775.5577 32,~~260~~605.0466 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 1714,~~980~~608.0249 ~~168~~144,~~571~~653.9423 ~~143~~117,~~183~~294.6142 Realized Loss Amount ~~161,422~~0.6100 0.00 0.00 Cumulative Realized Loss 161,422.61 0.00 0.00 Percentage of Cumulative Losses 0.0607 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.~~616076~~682904 6.~~545617~~577208 6.~~225701~~204888

Group Level Collateral Statement Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 7.~~289354~~300254 6.~~956268~~972890 Weighted Average Net Rate 6.~~914354~~925254 6.~~591396~~607767 Weighted Average Maturity 6463 ~~334~~333 Beginning Loan Count 2423 ~~178~~151 Loans Paid In Full 13 2717 Ending Loan Count 2320 ~~151~~134 Beginning Scheduled Balance 9,~~920~~559,~~715~~918.4887 7161,~~684~~259,~~507~~048.9733 Ending scheduled Balance 98,~~559~~437,~~918~~635.8797 6154,~~259~~302,~~048~~183.3347 Record Date 0607/3031/2003 0607/3031/2003 Principal And Interest Constant 6058,~~263~~158.0120 ~~427~~366,~~418~~312.1277 Scheduled Principal 0.00 1110,~~870~~352.9224 Unscheduled Principal ~~360~~1,~~796~~122,282.6190 106,~~413~~946,~~588~~512.7262 Scheduled Interest 6058,~~263~~158.0120 ~~415~~355,~~547~~960.2053 Servicing Fees 32,~~100~~987.2348 2118,~~796~~639.3628 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 1,~~168~~120.7666 86,~~021~~715.2505 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 5554,~~994~~050.0206 ~~385~~330,~~729~~606.5920 Realized Loss Amount 0.00 ~~161,422~~0.6100 Cumulative Realized Loss 0.00 161,422.61 Percentage of Cumulative Losses 0.00 0.00 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.~~772982~~784585 6.~~457121~~476226

Filing Compare · BEAR STEARNS ARM TRUST MORTGAGE PASS THROUGH CERT SER 2001-5