8-K 1 sam02ar4.txt SEPTEMBER 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): September 19, 2003 STRUCTURED ASSET MORTGAGE INVESTMENTS INC. Mortgage Pass-Through Certificates, Series 2002-AR4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-68542-14 80-0066646 Pooling and Servicing Agreement) (Commission 80-0066647 (State or other File Number) 13-3604093 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On September 19, 2003 a distribution was made to holders of STRUCTURED ASSET MORTGAGE INVESTMENTS INC., Mortgage Pass-Through Certificates, Series 2002-AR4 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-AR4 Trust, relating to the September 19, 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 MORTGAGE INVESTMENTS INC. Mortgage Pass-Through Certificates, Series 2002-AR4 Trust By: Wells Fargo Bank Minnesota, N.A as Master Servicer By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 9/22/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-AR4 Trust, relating to the September 19, 2003 distribution. EX-99.1

Structured Asset Mortgage Investments Inc. Mortgage Pass-Through Certificates Record Date: 79/312/03 Distribution Date: 89/19/03 SAM Series: 2002-AR4 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 A-1 86358HQR3 SEN 1.~~52000~~53000% ~~439~~434,~~290~~043,~~066~~953.9581 ~~556~~553,~~434~~406.0804 56,~~246~~379,~~113~~129.1477 A-2 86358HQT9 SEN 1.~~65000~~66000% 22,249,999.93 30,~~593~~779.7517 0.00 R-I 86358HQU6 RES 3.~~46624~~46632% 0.00 0.00 0.00 R-II 86358HQV4 RES 3.~~46624~~46632% 0.00 0.00 0.00 X 86358HQS1 SEN 1.~~44229~~36902% 0.00 ~~572~~537,~~458~~388.4281 0.00 B-1 86358HQW2 SUB 1.~~95000~~96000% 6,999,999.98 11,~~375~~433.0033 0.00 B-2 86358HQX0 SUB 2.~~10000~~11000% 4,749,999.99 8,~~312~~352.5008 0.00 B-3 86358HQY8 SUB 2.~~10000~~11000% 2,999,999.99 5,~~250~~275.00 0.00 B-4 86358HQZ5 SUB 2.~~98412~~92109% 1,749,999.99 4,~~351~~259.8592 0.00 B-5 86358HRB7 SUB 2.~~98412~~92109% 1,000,000.00 2,~~486~~434.7724 0.00 B-6 86358HRD3 SUB 2.~~98412~~92109% 2,749,999.99 6,~~838~~694.6216 0.00 Totals ~~481~~476,~~790~~543,~~066~~953.8268 1,~~198~~160,~~100~~022.9975 56,~~246~~379,~~113~~129.1477

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~434~~427,~~043~~664,~~953~~824.8104 56,~~802~~932,~~547~~535.2281 0.00 A-2 0.00 22,249,999.93 30,~~593~~779.7517 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 X 0.00 0.00 ~~572~~537,~~458~~388.4281 0.00 B-1 0.00 6,999,999.98 11,~~375~~433.0033 0.00 B-2 0.00 4,749,999.99 8,~~312~~352.5008 0.00 B-3 0.00 2,999,999.99 5,~~250~~275.00 0.00 B-4 0.00 1,749,999.99 4,~~351~~259.8592 0.00 B-5 0.00 1,000,000.00 2,~~486~~434.7724 0.00 B-6 0.00 2,749,999.99 6,~~838~~694.6216 0.00 Totals 0.00 ~~476~~470,~~543~~164,~~953~~823.6891 67,~~444~~539,~~214~~152.1352 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 457,500,000.00 ~~439~~434,~~290~~043,~~066~~953.9581 0.00 56,~~246~~379,~~113~~129.1477 0.00 0.00 A-2 22,250,000.00 22,249,999.93 0.00 0.00 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 X 0.00 0.00 0.00 0.00 0.00 0.00 B-1 7,000,000.00 6,999,999.98 0.00 0.00 0.00 0.00 B-2 4,750,000.00 4,749,999.99 0.00 0.00 0.00 0.00 B-3 3,000,000.00 2,999,999.99 0.00 0.00 0.00 0.00 B-4 1,750,000.00 1,749,999.99 0.00 0.00 0.00 0.00 B-5 1,000,000.00 1,000,000.00 0.00 0.00 0.00 0.00 B-6 2,750,000.00 2,749,999.99 0.00 0.00 0.00 0.00 Totals 500,000,100.00 ~~481~~476,~~790~~543,~~066~~953.8268 0.00 56,~~246~~379,~~113~~129.1477 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1 56,~~246~~379,~~113~~129.1477 ~~434~~427,~~043~~664,~~953~~824.8104 0.~~94872995~~93478650 56,~~246~~379,~~113~~129.1477 A-2 0.00 22,249,999.93 1.00000000 0.00 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 X 0.00 0.00 0.00000000 0.00 B-1 0.00 6,999,999.98 1.00000000 0.00 B-2 0.00 4,749,999.99 1.00000000 0.00 B-3 0.00 2,999,999.99 1.00000000 0.00 B-4 0.00 1,749,999.99 0.99999999 0.00 B-5 0.00 1,000,000.00 1.00000000 0.00 B-6 0.00 2,749,999.99 1.00000000 0.00 Totals 56,~~246~~379,~~113~~129.1477 ~~476~~470,~~543~~164,~~953~~823.6891 0.~~95308772~~94032946 56,~~246~~379,~~113~~129.1477

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 457,500,000.00 ~~960~~948.~~19686765~~72995368 0.00000000 1113.~~46691397~~94345305 0.00000000 A-2 22,250,000.00 999.99999685 0.00000000 0.00000000 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 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 7,000,000.00 999.99999714 0.00000000 0.00000000 0.00000000 B-2 4,750,000.00 999.99999789 0.00000000 0.00000000 0.00000000 B-3 3,000,000.00 999.99999667 0.00000000 0.00000000 0.00000000 B-4 1,750,000.00 999.99999429 0.00000000 0.00000000 0.00000000 B-5 1,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-6 2,750,000.00 999.99999636 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 A-1 0.00000000 1113.~~46691397~~94345305 ~~948~~934.~~72995368~~78650063 0.~~94872995~~93478650 1113.~~46691397~~94345305 A-2 0.00000000 0.00000000 999.99999685 1.00000000 0.00000000 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 999.99999714 1.00000000 0.00000000 B-2 0.00000000 0.00000000 999.99999789 1.00000000 0.00000000 B-3 0.00000000 0.00000000 999.99999667 1.00000000 0.00000000 B-4 0.00000000 0.00000000 999.99999429 0.99999999 0.00000000 B-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-6 0.00000000 0.00000000 999.99999636 1.00000000 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 A-1 457,500,000.00 1.~~52000~~53000% ~~439~~434,~~290~~043,~~066~~953.9581 ~~556~~553,~~434~~406.0804 0.00 0.00 A-2 22,250,000.00 1.~~65000~~66000% 22,249,999.93 30,~~593~~779.7517 0.00 0.00 R-I 50.00 3.~~46624~~46632% 0.00 0.00 0.00 0.00 R-II 50.00 3.~~46624~~46632% 0.00 0.00 0.00 0.00 X 0.00 1.~~44229~~36902% ~~476~~471,~~290~~043,~~066~~953.8470 ~~572~~537,~~458~~388.4282 0.00 0.00 B-1 7,000,000.00 1.~~95000~~96000% 6,999,999.98 11,~~375~~433.0033 0.00 0.00 B-2 4,750,000.00 2.~~10000~~11000% 4,749,999.99 8,~~312~~352.5008 0.00 0.00 B-3 3,000,000.00 2.~~10000~~11000% 2,999,999.99 5,~~250~~275.00 0.00 0.00 B-4 1,750,000.00 2.~~98412~~92109% 1,749,999.99 4,~~351~~259.8592 0.00 0.00 B-5 1,000,000.00 2.~~98412~~92109% 1,000,000.00 2,~~486~~434.7724 0.00 0.00 B-6 2,750,000.00 2.~~98412~~92109% 2,749,999.99 6,~~838~~694.6216 0.00 0.00 Totals 500,000,100.00 1,~~198~~160,~~100~~022.9976 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1 0.00 0.00 ~~556~~553,~~434~~406.0804 0.00 ~~434~~427,~~043~~664,~~953~~824.8104 A-2 0.00 0.00 30,~~593~~779.7517 0.00 22,249,999.93 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 X 0.00 0.00 ~~572~~537,~~458~~388.4281 0.00 ~~471~~464,~~043~~664,~~953~~823.7093 B-1 0.00 0.00 11,~~375~~433.0033 0.00 6,999,999.98 B-2 0.00 0.00 8,~~312~~352.5008 0.00 4,749,999.99 B-3 0.00 0.00 5,~~250~~275.00 0.00 2,999,999.99 B-4 0.00 0.00 4,~~351~~259.8592 0.00 1,749,999.99 B-5 0.00 0.00 2,~~486~~434.7724 0.00 1,000,000.00 B-6 0.00 0.00 6,~~838~~694.6216 0.00 2,749,999.99 Totals 0.00 0.00 1,~~198~~160,~~100~~022.9975 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-1 457,500,000.00 1.~~52000~~53000% ~~960~~948.~~19686765~~72995368 1.~~21624936~~20963069 0.00000000 0.00000000 A-2 22,250,000.00 1.~~65000~~66000% 999.99999685 1.~~37500000~~38333348 0.00000000 0.00000000 R-I 50.00 3.~~46624~~46632% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 3.~~46624~~46632% 0.00000000 0.00000000 0.00000000 0.00000000 X 0.00 1.~~44229~~36902% ~~963~~952.~~17505933~~56613488 1.~~15765100~~08673169 0.00000000 0.00000000 B-1 7,000,000.00 1.~~95000~~96000% 999.99999714 1.~~62500000~~63333286 0.00000000 0.00000000 B-2 4,750,000.00 2.~~10000~~11000% 999.99999789 1.~~75000000~~75833263 0.00000000 0.00000000 B-3 3,000,000.00 2.~~10000~~11000% 999.99999667 1.~~75000000~~75833333 0.00000000 0.00000000 B-4 1,750,000.00 2.~~98412~~92109% 999.99999429 2.~~48677143~~43424000 0.00000000 0.00000000 B-5 1,000,000.00 2.~~98412~~92109% 1000.00000000 2.~~48677000~~43424000 0.00000000 0.00000000 B-6 2,750,000.00 2.~~98412~~92109% 999.99999636 2.~~48677091~~43424000 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 A-1 0.00000000 0.00000000 1.~~21624936~~20963069 0.00000000 ~~948~~934.~~72995368~~78650063 A-2 0.00000000 0.00000000 1.~~37500000~~38333348 0.00000000 999.99999685 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X 0.00000000 0.00000000 1.~~15765100~~08673167 0.00000000 ~~952~~939.~~56613488~~66597357 B-1 0.00000000 0.00000000 1.~~62500000~~63333286 0.00000000 999.99999714 B-2 0.00000000 0.00000000 1.~~75000000~~75833263 0.00000000 999.99999789 B-3 0.00000000 0.00000000 1.~~75000000~~75833333 0.00000000 999.99999667 B-4 0.00000000 0.00000000 2.~~48677143~~43424000 0.00000000 999.99999429 B-5 0.00000000 0.00000000 2.~~48677000~~43424000 0.00000000 1000.00000000 B-6 0.00000000 0.00000000 2.~~48677091~~43424000 0.00000000 999.99999636 (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 67,~~594~~688,~~279~~075.1560 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 11,~~303~~300.5042 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 67,~~605~~699,~~582~~376.6502 Withdrawals Reimbursement for Servicer Advances 1511,~~301~~303.7450 Payment of Service Fee ~~146~~148,~~066~~920.7800 Payment of Interest and Principal 67,~~444~~539,~~214~~152.1352 Total Withdrawals (Pool Distribution Amount) 67,~~605~~699,~~582~~376.6502 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall ~~4,492~~0.6500 Servicing Fee Support ~~4,492~~0.6500 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00

SERVICING FEES Gross Servicing Fee 2019,~~074~~856.6000 Additional Servicing Fee ~~130~~129,~~484~~064.8300 Supported Prepayment/Curtailment Interest Shortfall ~~4,492~~0.6500 Net Servicing Fee ~~146~~148,~~066~~920.7800

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 1 0 0 1 429,236.15 0.00 0.00 429,236.15 30 Days 1314 0 0 0 1314 2,~~569~~384,~~906~~058.0478 0.00 0.00 0.00 2,~~569~~384,~~906~~058.0478 60 Days 21 0 0 0 21 ~~221~~336,~~856~~000.00 0.00 0.00 0.00 ~~221~~336,~~856~~000.00 90 Days 12 0 0 0 12 ~~400~~221,~~000~~856.00 0.00 0.00 0.00 ~~400~~221,~~000~~856.00 120 Days 01 0 0 0 01 0400,000.00 0.00 0.00 0.00 0400,000.00 150 Days 0 0 10 0 10 0.00 0.00 ~~562,500~~0.00 0.00 ~~562,500~~0.00 180+ Days 1 01 0 0 12 ~~249~~224,~~973~~953.9632 0562,500.00 0.00 0.00 ~~249~~787,~~973~~453.9632 Totals 1719 12 10 0 1921 3,~~441~~566,~~736~~868.0010 ~~429~~991,~~236~~736.15 ~~562,500~~0.00 0.00 4,~~433~~558,~~472~~604.1525 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.~~059595~~060168% 0.000000% 0.000000% 0.~~059595~~060168% 0.~~090075~~091296% 0.000000% 0.000000% 0.~~090075~~091296% 30 Days 0.~~774732~~842359% 0.000000% 0.000000% 0.000000% 0.~~774732~~842359% 0.~~539292~~507077% 0.000000% 0.000000% 0.000000% 0.~~539292~~507077% 60 Days 0.~~119190~~060168% 0.000000% 0.000000% 0.000000% 0.~~119190~~060168% 0.~~046556~~071465% 0.000000% 0.000000% 0.000000% 0.~~046556~~071465% 90 Days 0.~~059595~~120337% 0.000000% 0.000000% 0.000000% 0.~~059595~~120337% 0.~~083940~~047188% 0.000000% 0.000000% 0.000000% 0.~~083940~~047188% 120 Days 0.~~000000~~060168% 0.000000% 0.000000% 0.000000% 0.~~000000~~060168% 0.~~000000~~085078% 0.000000% 0.000000% 0.000000% 0.~~000000~~085078% 150 Days 0.000000% 0.000000% 0.~~059595~~000000% 0.000000% 0.~~059595~~000000% 0.000000% 0.000000% 0.~~118040~~000000% 0.000000% 0.~~118040~~000000% 180+ Days 0.~~059595~~060168% 0.~~000000~~060168% 0.000000% 0.000000% 0.~~059595~~120337% 0.~~052457~~047846% 0.~~000000~~119641% 0.000000% 0.000000% 0.~~052457~~167487% Totals 1.~~013111~~143201% 0.~~059595~~120337% 0.~~059595~~000000% 0.000000% 1.~~132300~~263538% 0.~~722244~~758654% 0.~~090075~~210937% 0.~~118040~~000000% 0.000000% 0.~~930359~~969591%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 11,~~303~~300.5042

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 3.~~359124~~296089% Weighted Average Net Coupon 3.~~309124~~246089% Weighted Average Pass-Through Rate 2.~~984124~~921089% Weighted Average Maturity(Stepdown Calculation ) ~~351~~350 Beginning Scheduled Collateral Loan Count 1,~~691~~678 Number Of Loans Paid In Full 1316 Ending Scheduled Collateral Loan Count 1,~~678~~662 Beginning Scheduled Collateral Balance ~~481~~476,~~790~~543,~~066~~953.8268 Ending Scheduled Collateral Balance ~~476~~470,~~543~~164,~~953~~823.6891 Ending Actual Collateral Balance at 3102-~~Jul~~Sep-2003 ~~476~~470,~~533~~157,~~504~~408.2950 Monthly P &I Constant 1,~~348~~308,~~660~~942.3875 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~476~~470,~~543~~164,~~953~~823.6891 Scheduled Principal 0.00 Unscheduled Principal 56,~~246~~379,~~113~~129.1477

Miscellaneous Reporting Average Loss Severity for Prior Month 0.00 Senior Percentage 91.~~178731~~081620% Senior Prepayment Percentage 100.000000% Subordinate Percentage 8.~~821269~~918380% Subordinate Prepayment Percentage 0.000000%

Filing Compare · STRUCTURED ASSET MORT INV INC MORT PASS THR CRT SR 2002-AR4