8-K 1 bst02008.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 25, 2003 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2002-8 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-68542-08 51-0423867 Pooling and Servicing Agreement) (Commission 51-0423872 (State or other File Number) 51-0423873 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 25, 2003 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2002-8 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 2002-8 Trust, relating to the September 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 2002-8 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: 9/25/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-8 Trust, relating to the September 25, 2003 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 78/31/03 Distribution Date: 89/25/03 BST Series: 2002-8 Contact: CTSLink Customer Service Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Telephone: (301) 815-6600 Fax: (301) 815-6600 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution I-A 07384MNQ1 SEN 5.~~42353~~36342% 2421,~~912~~657,~~911~~196.3168 ~~110~~96,~~459~~005.8794 31,~~255~~314,~~714~~517.6255 II-A 07384MNR9 SEN 5.~~25452~~20915% 6349,~~318~~606,~~295~~321.4769 ~~271~~213,~~994~~578.3469 136,~~711~~919,~~973~~345.7853 II-X 07384MNU2 SEN 0.64500% 0.00 3326,~~387~~445.7244 0.00 III-A 07384MNS7 SEN 6.~~12535~~15588% 2118,~~708~~807,~~251~~669.0832 ~~108~~95,~~706~~692.0380 2,~~900~~114,~~581~~833.7669 IV-A 07384MNT5 SEN 5.~~13437~~12474% 2220,~~694~~603,~~382~~174.1988 9587,~~258~~268.4698 24,~~091~~449,~~207~~704.3124 V-A 07384MNY4 SEN 5.~~44377~~44082% 1917,~~444~~824,~~086~~060.3746 8680,~~533~~154.6702 1,~~620~~193,~~025~~042.9156 VI-A 07384MNZ1 SEN 5.~~86593~~88420% 2117,~~346~~853,~~521~~951.9479 ~~102~~86,~~367~~831.4428 3,~~492~~841,~~570~~218.1587 VII-A 07384MPA4 SEN 6.~~41043~~41524% 2926,~~169~~693,~~678~~876.9525 ~~152~~141,~~867~~539.9575 27,~~475~~174,~~802~~214.7056 X 07384MPL0 SEN 0.20650% 0.00 76,~~158~~150.8403 0.00 B-1 07384MPB2 SUB 5.~~61203~~58783% 8,~~836~~272,~~095~~077.9994 4038,~~539~~204.5230 ~~564~~649,~~018~~135.0549 B-2 07384MPC0 SUB 5.~~61203~~58783% 4,~~275~~002,~~564~~650.7660 1918,~~616~~486.0510 ~~272~~314,~~914~~100.1635 B-3 07384MPD8 SUB 5.~~61203~~58783% 2,~~850~~668,~~427~~481.3433 1312,~~077~~324.6029 ~~181~~209,~~946~~403.0297 B-4 07384MPE6 SUB 5.~~61203~~58783% 1,~~710~~601,~~256~~088.4080 7,~~846~~394.5657 ~~109~~125,~~167~~642.6138 B-5 07384MPF3 SUB 5.~~61203~~58783% 1,~~140~~067,~~170~~392.9453 54,~~231~~929.0471 7283,~~778~~761.4159 B-6 07384MPG1 SUB 5.~~61203~~58783% 1,~~140~~067,~~461~~664.1724 54,~~232~~930.3797 7283,~~796~~782.9391 R-I 07384MNV0 SEN 5.38634% 0.00 0.00 0.00 R-II 07384MNW8 SEN 5.38634% 0.00 0.00 0.00 R-III 07384MNX6 SEN 5.38634% 0.00 0.0001 0.00 Totals ~~222~~191,~~547~~725,~~103~~606.9151 1919,~~060,277~~936.4688 3028,~~821~~472,~~497~~703.4169

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 2120,~~657~~342,~~196~~679.6813 31,~~366~~410,~~174~~523.49 0.00 II-A 0.00 4942,~~606~~686,~~321~~976.6915 137,~~983~~132,~~968~~924.1222 0.00 II-X 0.00 0.00 3326,~~387~~445.7244 0.00 III-A 0.00 1816,~~807~~692,~~669~~835.3264 32,~~009~~210,~~287~~526.7949 0.00 IV-A 0.00 2016,~~603~~153,~~174~~470.8865 24,~~186~~536,~~465~~973.7722 0.00 V-A 0.00 1716,~~824~~631,~~060~~017.4690 1,~~706~~273,~~559~~196.58 0.00 VI-A 0.00 1714,~~853~~012,~~951~~732.7992 3,~~594~~928,~~937~~050.5915 0.00 VII-A 0.00 2619,~~693~~519,~~876~~661.2569 27,~~628~~315,~~670~~754.6531 0.00 X 0.00 0.00 76,~~158~~150.8403 0.00 B-1 0.00 87,~~272~~622,~~077~~942.9446 ~~604~~687,~~557~~339.5779 0.00 B-2 0.00 43,~~002~~688,~~650~~550.6025 ~~292~~332,~~530~~586.2145 0.00 B-3 0.00 2,~~668~~459,~~481~~077.3336 ~~195~~221,~~023~~728.6226 0.00 B-4 0.00 1,~~601~~475,~~088~~446.8042 ~~117~~133,~~014~~036.1795 0.00 B-5 0.00 1983,~~067,392~~630.5394 7888,~~009~~691.4530 0.00 B-6 0.00 1983,~~067,664~~881.2433 7888,~~029~~713.3088 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.0001 0.00 Totals 0.00 ~~191~~163,~~725~~252,~~606~~902.5184 3129,~~881~~392,~~774~~640.8757 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) I-A 76,399,700.00 2421,~~912~~657,~~911~~196.3168 2018,~~941~~712.3312 31,~~234~~295,~~773~~805.3043 0.00 0.00 II-A 187,728,800.00 6349,~~318~~606,~~295~~321.4769 5242,~~333~~214.7000 136,~~659~~877,~~640~~131.0953 0.00 0.00 II-X 0.00 0.00 0.00 0.00 0.00 0.00 III-A 45,480,600.00 2118,~~708~~807,~~251~~669.0832 75,~~045~~907.1178 2,~~893~~108,~~536~~925.6590 0.00 0.00 IV-A 275,388,100.00 2220,~~694~~603,~~382~~174.1988 2825,~~237~~204.5818 24,~~062~~424,~~969~~500.7306 0.00 0.00 V-A 32,683,300.00 1917,~~444~~824,~~086~~060.3746 1110,~~740~~374.4714 1,~~608~~182,~~285~~668.4443 0.00 0.00 VI-A 41,117,300.00 2117,~~346~~853,~~521~~951.9479 87,~~294~~466.6164 3,~~484~~833,~~275~~752.5423 0.00 0.00 VII-A 62,630,800.00 2926,~~169~~693,~~678~~876.9525 1,~~249~~252.2184 27,~~474~~172,~~553~~961.4972 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 B-1 11,587,500.00 8,~~836~~272,~~095~~077.9994 76,~~380~~936.1496 ~~556~~642,~~637~~198.9152 0.00 0.00 B-2 5,606,900.00 4,~~275~~002,~~564~~650.7660 3,~~571~~356.0662 ~~269~~310,~~343~~743.0972 0.00 0.00 B-3 3,738,000.00 2,~~850~~668,~~427~~481.3433 2,~~380~~237.7579 ~~179~~207,~~565~~166.2618 0.00 0.00 B-4 2,242,800.00 1,~~710~~601,~~256~~088.4080 1,~~428~~342.4567 ~~107~~124,~~739~~299.1671 0.00 0.00 B-5 1,495,200.00 1,~~140~~067,~~170~~392.9453 ~~952~~895.3012 7182,~~826~~866.1147 0.00 0.00 B-6 1,495,580.00 1,~~140~~067,~~461~~664.1724 ~~952~~895.5434 7182,~~844~~887.3856 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 R-III 50.00 0.00 0.00 0.00 0.00 0.00 Totals 747,594,730.00 ~~222~~191,~~547~~725,~~103~~606.9151 ~~146~~126,~~507~~796.2520 3028,~~674~~345,~~990~~907.1546 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 I-A 31,~~255~~314,~~714~~517.6255 2120,~~657~~342,~~196~~679.6813 0.~~28347227~~26626648 31,~~255~~314,~~714~~517.6255 II-A 136,~~711~~919,~~973~~345.7853 4942,~~606~~686,~~321~~976.6915 0.~~26424460~~22738640 136,~~711~~919,~~973~~345.7853 II-X 0.00 0.00 0.00000000 0.00 III-A 2,~~900~~114,~~581~~833.7669 1816,~~807~~692,~~669~~835.3264 0.~~41353169~~36703200 2,~~900~~114,~~581~~833.7669 IV-A 24,~~091~~449,~~207~~704.3124 2016,~~603~~153,~~174~~470.8865 0.~~07481505~~05865711 24,~~091~~449,~~207~~704.3124 V-A 1,~~620~~193,~~025~~042.9156 1716,~~824~~631,~~060~~017.4690 0.~~54535682~~50885369 1,~~620~~193,~~025~~042.9156 VI-A 3,~~492~~841,~~570~~218.1587 1714,~~853~~012,~~951~~732.7992 0.~~43421995~~34079896 3,~~492~~841,~~570~~218.1587 VII-A 27,~~475~~174,~~802~~214.7056 2619,~~693~~519,~~876~~661.2569 0.~~42621005~~31166234 27,~~475~~174,~~802~~214.7056 X 0.00 0.00 0.00000000 0.00 B-1 ~~564~~649,~~018~~135.0549 87,~~272~~622,~~077~~942.9446 0.~~71387943~~65785911 ~~564~~649,~~018~~135.0549 B-2 ~~272~~314,~~914~~100.1635 43,~~002~~688,~~650~~550.6025 0.~~71387943~~65785911 ~~272~~314,~~914~~100.1635 B-3 ~~181~~209,~~946~~403.0297 2,~~668~~459,~~481~~077.3336 0.~~71387944~~65785911 ~~181~~209,~~946~~403.0297 B-4 ~~109~~125,~~167~~642.6138 1,~~601~~475,~~088~~446.8042 0.~~71387944~~65785911 ~~109~~125,~~167~~642.6138 B-5 7283,~~778~~761.4159 1983,~~067,392~~630.5394 0.~~71387943~~65785911 7283,~~778~~761.4159 B-6 7283,~~796~~782.9391 1983,~~067,664~~881.2433 0.~~71387973~~65785938 7283,~~796~~782.9391 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 Totals 3028,~~821~~472,~~497~~703.4169 ~~191~~163,~~725~~252,~~606~~902.5184 0.~~25645661~~21837086 3028,~~821~~472,~~497~~703.4169

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 76,399,700.00 ~~326~~283.~~08650702~~47227384 0.~~27410225~~24492400 4216.~~34013092~~96087066 0.00000000 II-A 187,728,800.00 ~~337~~264.~~28599698~~24460014 0.~~27877289~~22486694 7236.~~76262401~~63333239 0.00000000 II-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A 45,480,600.00 ~~477~~413.~~30793085~~53168868 0.~~15490363~~12989670 6346.~~62133855~~36979064 0.00000000 IV-A 275,388,100.00 8274.~~40872496~~81505149 0.~~10253740~~09152240 716.~~49113607~~06641703 0.00000000 V-A 32,683,300.00 ~~594~~545.~~92420808~~35681709 0.~~35921923~~31741409 4936.~~20817176~~18571044 0.00000000 VI-A 41,117,300.00 ~~519~~434.~~16156800~~21994611 0.~~20173042~~18159364 8493.~~73989148~~23939631 0.00000000 VII-A 62,630,800.00 ~~465~~426.~~74016219~~21004761 0.~~01994562~~02000358 39114.~~51016896~~52770394 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 11,587,500.00 ~~762~~713.~~55413074~~87943387 0.~~63690529~~59865890 4855.~~03779159~~42166300 0.00000000 B-2 5,606,900.00 ~~762~~713.~~55413152~~87943427 0.~~63690453~~59865880 4855.~~03779094~~42166259 0.00000000 B-3 3,738,000.00 ~~762~~713.~~55413055~~87943553 0.~~63690476~~59865971 4855.~~03779026~~42166399 0.00000000 B-4 2,242,800.00 ~~762~~713.~~55412877~~87943642 0.~~63690476~~59865793 4855.~~03779205~~42166488 0.00000000 B-5 1,495,200.00 ~~762~~713.~~55413323~~87943419 0.~~63690476~~59866239 4855.~~03779428~~42166265 0.00000000 B-6 1,495,580.00 ~~762~~713.~~55444042~~87972559 0.~~63690341~~59865738 4855.~~03780473~~42168256 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 R-III 50.00 0.00000000 0.00000000 0.00000000 0.00000000

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 4217.~~61423304~~20579466 ~~283~~266.~~47227384~~26647919 0.~~28347227~~26626648 4217.~~61423304~~20579466 II-A 0.00000000 7336.~~04139684~~85819933 ~~264~~227.~~24460014~~38640075 0.~~26424460~~22738640 7336.~~04139684~~85819933 II-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A 0.00000000 6346.~~77624218~~49968756 ~~413~~367.~~53168868~~03200134 0.~~41353169~~36703200 6346.~~77624218~~49968756 IV-A 0.00000000 716.~~59367347~~15793943 7458.~~81505149~~65711209 0.~~07481505~~05865711 716.~~59367347~~15793943 V-A 0.00000000 4936.~~56739099~~50312423 ~~545~~508.~~35681709~~85369286 0.~~54535682~~50885369 4936.~~56739099~~50312423 VI-A 0.00000000 8493.~~94162190~~42098995 ~~434~~340.~~21994611~~79895616 0.~~43421995~~34079896 8493.~~94162190~~42098995 VII-A 0.00000000 39114.~~53011458~~54770752 ~~426~~311.~~21004761~~66234009 0.~~42621005~~31166234 39114.~~53011458~~54770752 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 4856.~~67469687~~02032276 ~~713~~657.~~87943387~~85911197 0.~~71387943~~65785911 4856.~~67469687~~02032276 B-2 0.00000000 4856.~~67469725~~02032317 ~~713~~657.~~87943427~~85911110 0.~~71387943~~65785911 4856.~~67469725~~02032317 B-3 0.00000000 4856.~~67469770~~02032370 ~~713~~657.~~87943553~~85911182 0.~~71387944~~65785911 4856.~~67469770~~02032370 B-4 0.00000000 4856.~~67469681~~02032281 ~~713~~657.~~87943642~~85911361 0.~~71387944~~65785911 4856.~~67469681~~02032281 B-5 0.00000000 4856.~~67469904~~02032504 ~~713~~657.~~87943419~~85910915 0.~~71387943~~65785911 4856.~~67469904~~02032504 B-6 0.00000000 4856.~~67471483~~02034662 ~~713~~657.~~87972559~~85937897 0.~~71387973~~65785938 4856.~~67471483~~02034662 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 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 I-A 76,399,700.00 5.~~42353~~36342% 2421,~~912~~657,~~911~~196.3168 ~~112~~96,~~596~~797.6520 0.00 0.00 II-A 187,728,800.00 5.~~25452~~20915% 6349,~~318~~606,~~295~~321.4769 ~~277~~215,~~255~~338.8894 0.00 0.00 II-X 0.00 0.64500% 6349,~~318~~606,~~295~~321.4769 3426,~~033~~663.5840 0.00 0.00 III-A 45,480,600.00 6.~~12535~~15588% 2118,~~708~~807,~~251~~669.0832 ~~110~~96,~~808~~481.8747 0.00 0.00 IV-A 275,388,100.00 5.~~13437~~12474% 2220,~~694~~603,~~382~~174.1988 9787,~~101~~988.1722 0.00 0.00 V-A 32,683,300.00 5.~~44377~~44082% 1917,~~444~~824,~~086~~060.3746 8880,~~207~~814.6062 0.00 0.00 VI-A 41,117,300.00 5.~~86593~~88420% 2117,~~346~~853,~~521~~951.9479 ~~104~~87,~~347~~546.6791 0.00 0.00 VII-A 62,630,800.00 6.~~41043~~41524% 2926,~~169~~693,~~678~~876.9525 ~~155~~142,~~825~~706.0828 0.00 0.00 X 0.00 0.20650% 4236,~~405~~033,~~756~~218.7349 76,~~297~~200.3272 0.00 0.00 B-1 11,587,500.00 5.~~61203~~58783% 8,~~836~~272,~~095~~077.9994 4138,~~323~~519.7317 0.00 0.00 B-2 5,606,900.00 5.~~61203~~58783% 4,~~275~~002,~~564~~650.7660 1918,~~995~~638.5146 0.00 0.00 B-3 3,738,000.00 5.~~61203~~58783% 2,~~850~~668,~~427~~481.3433 1312,~~330~~425.5886 0.00 0.00 B-4 2,242,800.00 5.~~61203~~58783% 1,~~710~~601,~~256~~088.4080 7,~~998~~455.3552 0.00 0.00 B-5 1,495,200.00 5.~~61203~~58783% 1,~~140~~067,~~170~~392.9453 54,~~332~~970.2334 0.00 0.00 B-6 1,495,580.00 5.~~61203~~58783% 1,~~140~~067,~~461~~664.1724 54,~~333~~971.5961 0.00 0.00 R-I 50.00 5.38634% 0.00 0.00 0.00 0.00 R-II 50.00 5.38634% 0.00 0.00 0.00 0.00 R-III 50.00 5.38634% 0.00 0.00 0.00 0.00 Totals 747,594,730.00 1927,~~080,787~~518.8172 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 ~~2,136~~791.7725 0.00 ~~110~~96,~~459~~005.8794 0.00 2120,~~657~~342,~~196~~679.6813 II-A 51,~~261~~760.5525 0.00 ~~271~~213,~~994~~578.3469 0.00 4942,~~606~~686,~~321~~976.6915 II-X ~~645~~217.8696 0.00 3326,~~387~~445.7244 0.00 4942,~~606~~686,~~321~~976.6915 III-A ~~2,102~~788.8567 0.00 ~~108~~95,~~706~~692.0380 0.00 1816,~~807~~692,~~669~~835.3264 IV-A ~~1,842~~719.7124 0.00 9587,~~258~~268.4698 0.00 2016,~~603~~153,~~174~~470.8865 V-A ~~1,673~~660.9460 0.00 8680,~~533~~154.6702 0.00 1716,~~824~~631,~~060~~017.4690 VI-A ~~1,980~~715.2364 0.00 ~~102~~86,~~367~~831.4428 0.00 1714,~~853~~012,~~951~~732.7992 VII-A 21,~~957~~166.1353 0.00 ~~152~~141,~~867~~539.9575 0.00 2619,~~693~~519,~~876~~661.2569 X ~~138~~50.4869 0.00 76,~~158~~150.8403 0.52 3629,~~033~~749,~~218~~866.4980 B-1 ~~784~~314.2187 0.00 4038,~~539~~204.5230 0.00 87,~~272~~622,~~077~~942.9446 B-2 ~~379~~152.4636 0.00 1918,~~616~~486.0510 0.00 43,~~002~~688,~~650~~550.6025 B-3 ~~252~~101.9857 0.00 1312,~~077~~324.6029 0.00 2,~~668~~459,~~481~~077.3336 B-4 ~~151~~60.7994 0.00 7,~~846~~394.5657 0.00 1,~~601~~475,~~088~~446.8042 B-5 ~~101~~40.1963 0.00 54,~~231~~929.0471 0.00 1983,~~067,392~~630.5394 B-6 ~~101~~40.2264 0.00 54,~~232~~930.3797 0.00 1983,~~067,664~~881.2433 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.0001 0.00 0.00 Totals 207,~~510~~581.3784 0.00 1919,~~060,277~~936.4688 0.52 (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 76,399,700.00 5.~~42353~~36342% ~~326~~283.~~08650702~~47227384 1.~~47378393~~26698403 0.00000000 0.00000000 II-A 187,728,800.00 5.~~25452~~20915% ~~337~~264.~~28599698~~24460014 1.~~47689582~~14707461 0.00000000 0.00000000 II-X 0.00 0.64500% ~~337~~264.~~28599698~~24460014 0.~~18129120~~14203148 0.00000000 0.00000000 III-A 45,480,600.00 6.~~12535~~15588% ~~477~~413.~~30793085~~53168868 2.~~43639860~~12137637 0.00000000 0.00000000 IV-A 275,388,100.00 5.~~13437~~12474% 8274.~~40872496~~81505149 0.~~35259755~~31950625 0.00000000 0.00000000 V-A 32,683,300.00 5.~~44377~~44082% ~~594~~545.~~92420808~~35681709 2.~~69885844~~47265790 0.00000000 0.00000000 VI-A 41,117,300.00 5.~~86593~~88420% ~~519~~434.~~16156800~~21994611 2.~~53780453~~12919890 0.00000000 0.00000000 VII-A 62,630,800.00 6.~~41043~~41524% ~~465~~426.~~74016219~~21004761 2.~~48799441~~27853197 0.00000000 0.00000000 X 0.00 0.20650% ~~296~~251.~~49581517~~93981462 0.~~05102196~~04335467 0.00000000 0.00000000 B-1 11,587,500.00 5.~~61203~~58783% ~~762~~713.~~55413074~~87943387 3.~~56623344~~32420022 0.00000000 0.00000000 B-2 5,606,900.00 5.~~61203~~58783% ~~762~~713.~~55413152~~87943427 3.~~56623268~~32420054 0.00000000 0.00000000 B-3 3,738,000.00 5.~~61203~~58783% ~~762~~713.~~55413055~~87943553 3.~~56623328~~32420011 0.00000000 0.00000000 B-4 2,242,800.00 5.~~61203~~58783% ~~762~~713.~~55412877~~87943642 3.~~56623417~~32420189 0.00000000 0.00000000 B-5 1,495,200.00 5.~~61203~~58783% ~~762~~713.~~55413323~~87943419 3.~~56623194~~32419743 0.00000000 0.00000000 B-6 1,495,580.00 5.~~61203~~58783% ~~762~~713.~~55444042~~87972559 3.~~56623517~~32420198 0.00000000 0.00000000 R-I 50.00 5.38634% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 5.38634% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 5.38634% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 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.~~02796830~~01035672 0.00000000 1.~~44581549~~25662719 0.00000000 ~~283~~266.~~47227384~~26647919 II-A 0.~~02802740~~00937656 0.00000000 1.~~44886847~~13769805 0.00000000 ~~264~~227.~~24460014~~38640075 II-X 0.~~00344039~~00116104 0.00000000 0.~~17785081~~14087045 0.00000000 ~~264~~227.~~24460014~~38640075 III-A 0.~~04623620~~01734080 0.00000000 2.~~39016262~~10403557 0.00000000 ~~413~~367.~~53168868~~03200134 IV-A 0.~~00669132~~00261173 0.00000000 0.~~34590623~~31689452 0.00000000 7458.~~81505149~~65711209 V-A 0.~~05121698~~02021216 0.00000000 2.~~64764176~~45244574 0.00000000 ~~545~~508.~~35681709~~85369286 VI-A 0.~~04816051~~01740484 0.00000000 2.~~48964402~~11179431 0.00000000 ~~434~~340.~~21994611~~79895616 VII-A 0.~~04721527~~01862550 0.00000000 2.~~44077914~~25990647 0.00000000 ~~426~~311.~~21004761~~66234009 X 0.~~00096824~~00035442 0.00000000 0.~~05005373~~04300025 0.00000364 ~~251~~208.~~93981462~~00739541 B-1 0.~~06767724~~02717325 0.00000000 3.~~49855620~~29702697 0.00000000 ~~713~~657.~~87943387~~85911197 B-2 0.~~06767733~~02717366 0.00000000 3.~~49855535~~29702688 0.00000000 ~~713~~657.~~87943427~~85911110 B-3 0.~~06767790~~02717228 0.00000000 3.~~49855538~~29702782 0.00000000 ~~713~~657.~~87943553~~85911182 B-4 0.~~06767879~~02717139 0.00000000 3.~~49855538~~29702604 0.00000000 ~~713~~657.~~87943642~~85911361 B-5 0.~~06767657~~02717362 0.00000000 3.~~49855538~~29702381 0.00000000 ~~713~~657.~~87943419~~85910915 B-6 0.~~06767943~~02717340 0.00000000 3.~~49855574~~29702858 0.00000000 ~~713~~657.~~87972559~~85937897 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.~~00000000~~20000000 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 3129,~~891~~429,~~443~~287.2478 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 014,068.0060 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 3129,~~891,~~443,356.2438 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 950,~~668~~715.3781 Payment of Interest and Principal 3129,~~881~~392,~~774~~640.8757 Total Withdrawals (Pool Distribution Amount) 3129,~~891,~~443,356.2438 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall ~~69,266~~0.4900 Servicing Fee Support ~~48,756~~0.1600 Non-Supported Prepayment/Curtailment Interest Shortfall 207,~~510~~581.3381

SERVICING FEES Gross Servicing Fee 5850,~~424~~715.5381 Supported Prepayment/Curtailment Interest Shortfall ~~48,756~~0.1600 Net Servicing Fee 950,~~668~~715.3781

` 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 05 0 0 0 05 02,458,254.0040 0.00 0.00 0.00 02,458,254.0040 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 05 0 0 0 05 02,458,254.0040 0.00 0.00 0.00 02,458,254.0040 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~000000~~199041% 0.000000% 0.000000% 0.000000% 01.~~000000~~199041% 01.~~000000~~273056% 0.000000% 0.000000% 0.000000% 01.~~000000~~273056% 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 01.~~000000~~199041% 0.000000% 0.000000% 0.000000% 01.~~000000~~199041% 01.~~000000~~273056% 0.000000% 0.000000% 0.000000% 01.~~000000~~273056%

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 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 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 01 0 0 0 01 0307,238.0099 0.00 0.00 0.00 0307,238.0099 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 01 0 0 0 01 0307,238.0099 0.00 0.00 0.00 0307,238.0099 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~781250% 0.000000% 0.000000% 0.000000% 0.~~000000~~781250% 0.~~000000~~651646% 0.000000% 0.000000% 0.000000% 0.~~000000~~651646% 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~~781250% 0.000000% 0.000000% 0.000000% 0.~~000000~~781250% 0.~~000000~~651646% 0.000000% 0.000000% 0.000000% 0.~~000000~~651646% 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 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 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 02 0 0 0 02 01,553,414.0069 0.00 0.00 0.00 01,553,414.0069 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 01,553,414.0069 0.00 0.00 0.00 01,553,414.0069 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 03.~~000000~~921569% 0.000000% 0.000000% 0.000000% 03.~~000000~~921569% 06.~~000000~~914880% 0.000000% 0.000000% 0.000000% 06.~~000000~~914880% 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 03.~~000000~~921569% 0.000000% 0.000000% 0.000000% 03.~~000000~~921569% 06.~~000000~~914880% 0.000000% 0.000000% 0.000000% 06.~~000000~~914880% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP 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 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 GROUP 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 01 0 0 0 01 0433,853.0009 0.00 0.00 0.00 0433,853.0009 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 01 0 0 0 01 0433,853.0009 0.00 0.00 0.00 0433,853.0009 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 02.~~000000~~500000% 0.000000% 0.000000% 0.000000% 02.~~000000~~500000% 02.~~000000~~895475% 0.000000% 0.000000% 0.000000% 02.~~000000~~895475% 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 02.~~000000~~500000% 0.000000% 0.000000% 0.000000% 02.~~000000~~500000% 02.~~000000~~895475% 0.000000% 0.000000% 0.000000% 02.~~000000~~895475% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP 7 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 01 0 0 0 01 0163,747.0063 0.00 0.00 0.00 0163,747.0063 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 01 0 0 0 01 0163,747.0063 0.00 0.00 0.00 0163,747.0063 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~000000~~960784% 0.000000% 0.000000% 0.000000% 01.~~000000~~960784% 0.~~000000~~776932% 0.000000% 0.000000% 0.000000% 0.~~000000~~776932% 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 01.~~000000~~960784% 0.000000% 0.000000% 0.000000% 01.~~000000~~960784% 0.~~000000~~776932% 0.000000% 0.000000% 0.000000% 0.~~000000~~776932% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 8 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%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 014,068.0060

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 671,195,030.00 89.78059944% ~~170~~142,~~068~~910,~~409~~223.8371 74.~~67039305~~04568545% 910.~~508829~~540097% 0.000000% Class 2A 483,466,230.00 64.66956101% ~~120~~100,~~462~~223,~~088~~247.1456 5251.~~89019564~~92839862% 2122.~~780197~~117287% ~~265~~247.~~567631~~985040% Class 3A 437,985,630.00 58.58597077% ~~101~~83,~~654~~530,~~418~~411.8292 4443.~~63248299~~27938510% 8.~~257713~~649014% ~~100~~96.~~686929~~975094% Class X 26,166,130.00 3.50004206% 1817,~~679~~213,~~355~~528.4476 8.~~20137505~~91879883% 0.000000% 0.000000% Class B-1 14,578,630.00 1.95007126% 109,~~407~~590,~~277~~586.5030 4.~~56942887~~96914439% 3.~~631946~~949654% 44.284601% Class B-2 8,971,730.00 1.20007935% 65,~~404~~902,~~626~~036.9005 23.~~81202140~~05800588% 1.~~757407~~911139% 21.428205% Class B-3 5,233,730.00 0.70007583% 3,~~736~~442,~~145~~958.5769 1.~~64039552~~78389082% 1.~~171626~~274115% 14.285725% Class B-4 2,990,930.00 0.40007371% 21,~~135~~967,~~056~~512.7727 01.~~93742000~~01942178% 0.~~702976~~764469% 8.571435% Class B-5 1,495,730.00 0.20007230% 1983,~~067,664~~881.2433 0.~~46876965~~50977576% 0.~~468650~~509646% 5.714290% Class B-6 150.00 0.00002006% 0.00 0.00000000% 0.~~468770~~509776% 5.715745% Class R-I 100.00 0.00001338% 0.00 0.00000000% 0.000000% 0.000000% Class R-II 50.00 0.00000669% 0.00 0.00000000% 0.000000% 0.000000% Class R-III 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~162598~~157522% Weighted Average Net Coupon 4.~~897987~~890314% Weighted Average Pass-Through Rate 4.~~895004~~886847% Weighted Average Maturity(Stepdown Calculation ) ~~346~~345 Beginning Scheduled Collateral Loan Count ~~561~~485 Number Of Loans Paid In Full 7668 Ending Scheduled Collateral Loan Count ~~485~~417 Beginning Scheduled Collateral Balance ~~264~~227,~~952~~758,~~860~~825.6400 Ending Scheduled Collateral Balance ~~227~~193,~~758~~002,~~825~~769.0064 Ending Actual Collateral Balance at 31-~~Jul~~Aug-2003 ~~227~~193,~~863~~098,~~151~~652.4318 Monthly P &I Constant 7,~~658~~389,~~916~~040.4744 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 3027,~~528~~841,~~052~~214.7404 Ending Scheduled Balance for Premium Loans ~~227~~193,~~758~~002,~~825~~769.0064 Scheduled Principal 6,~~519~~410,~~045~~147.4890 Unscheduled Principal 3028,~~674~~345,~~990~~907.1646

Miscellaneous Reporting Senior Percentage Group 1 9291.~~374819~~831152% Senior Prepayment Percentage Group 1 9695.~~187410~~915576% Subordinate Percentage Group 1 78.~~625181~~168848% Subordinate Prepayment Pct. Group 1 34.~~812590~~084424% Average Loss Severity Group 1 0 Senior Percentage Group 2 9291.~~276521~~267028% Senior Prepayment Percentage Group 2 9695.~~138261~~633514% Subordinate Percentage Group 2 78.~~723479~~732972% Subordinate Prepayment Pct. Group 2 34.~~861739~~366486% Average Loss Severity Group 2 0 Senior Percentage Group 3 9493.~~139480~~704293% Senior Prepayment Percentage Group 3 9796.~~069740~~852147% Subordinate Percentage Group 3 56.~~860520~~295707% Subordinate Prepayment Pct. Group 3 23.~~93026~~147853% Average Loss Severity Group 3 0 Senior Percentage Group 4 7574.~~856265~~827616% Senior Prepayment Percentage Group 4 87.~~928133~~413808% Subordinate Percentage Group 4 2425.~~143735~~172384% Subordinate Prepayment Pct. Group 4 12.~~071867~~586190% Average Loss Severity Group 4 0 Senior Percentage Group 5 9594.~~175834~~964041% Senior Prepayment Percentage Group 5 97.~~587917~~482021% Subordinate Percentage Group 5 45.~~824166~~035959% Subordinate Prepayment Pct. Group 5 2.~~412083~~517979% Average Loss Severity Group 5 0 Senior Percentage Group 6 94.~~797010~~305440% Senior Prepayment Percentage Group 6 97.~~398505~~152720% Subordinate Percentage Group 6 5.~~202990~~694560% Subordinate Prepayment Pct. Group 6 2.~~601495~~847280% Average Loss Severity Group 6 0 Senior Percentage Group 7 93.~~990609~~721472% Senior Prepayment Percentage Group 7 96.~~995305~~860736% Subordinate Percentage Group 7 6.~~009391~~278528% Subordinate Prepayment Pct. Group 7 3.~~004695~~139264% Average Loss Severity Group 7 0

Group Level Collateral Statement Group GROUP 1 GROUP 2 GROUP 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~719377~~664229 6.~~174534~~131926 6.~~482446~~514286 Weighted Average Net Rate 5.~~434093~~375482 5.~~899517~~854149 6.~~125350~~155880 Weighted Average Maturity ~~345~~344 ~~345~~344 ~~345~~344 Beginning Loan Count 6759 ~~180~~147 5951 Loans Paid In Full 84 3319 84 Ending Loan Count 5955 ~~147~~128 5147 Beginning Scheduled Balance 2623,~~969~~583,~~374~~714.8252 6854,~~617~~352,~~992~~949.0230 2320,~~059~~071,~~667~~299.54 Ending scheduled Balance 2322,~~583~~212,~~714~~352.5246 5447,~~352~~115,~~949~~564.3074 2017,~~071~~887,~~299~~525.5438 Record Date 0708/31/2003 0708/31/2003 0708/31/2003 Principal And Interest Constant ~~151~~131,~~209~~696.9629 ~~409~~323,~~784~~993.0753 ~~132~~115,~~052~~263.8919 Scheduled Principal 2220,~~669~~376.9566 5646,~~713~~253.9929 76,~~483~~304.6971 Unscheduled Principal 31,~~362~~350,~~990~~985.3540 147,~~208~~191,~~328~~131.7327 2,~~980~~177,~~884~~469.3145 Scheduled Interest ~~128~~111,~~540~~319.0163 ~~353~~277,~~070~~740.0824 ~~124~~108,~~569~~958.2048 Servicing Fees 65,~~411~~674.6177 1512,~~725~~581.9169 65,~~862~~994.0972 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 237.3406 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 ~~121~~105,~~891~~407.0680 ~~337~~265,~~344~~158.1755 ~~117~~102,~~707~~963.1176 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.~~423532~~363420 5.~~899517~~854149 6.~~125350~~155880

Group Level Collateral Statement Group GROUP 4 GROUP 5 GROUP 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~384372~~374738 5.~~837401~~836080 6.~~240930~~259204 Weighted Average Net Rate 5.~~134372~~124738 5.~~468518~~467738 5.~~865930~~884204 Weighted Average Maturity ~~347~~ 346 ~~346~~345 345 Beginning Loan Count 6661 5046 6151 Loans Paid In Full 510 42 1011 Ending Loan Count 6151 4644 5140 Beginning Scheduled Balance 2927,~~917~~534,~~610~~185.8486 2018,~~429~~769,~~646~~273.4542 2218,~~518~~932,~~138~~048.4472 Ending scheduled Balance 2722,~~534~~438,~~185~~945.8648 1817,~~769~~545,~~273~~132.4216 1814,~~932~~978,~~048~~022.7221 Record Date 0708/31/2003 0708/31/2003 0708/31/2003 Principal And Interest Constant ~~171~~157,~~464~~007.7418 ~~111~~102,~~715~~206.5976 ~~125~~106,~~861~~667.6314 Scheduled Principal 3733,~~225~~682.1199 1210,~~335~~924.5628 87,~~749~~917.8651 Unscheduled Principal 25,~~346~~061,~~199~~557.8739 1,~~648~~213,~~037~~216.4798 3,~~577~~946,~~339~~109.8600 Scheduled Interest ~~134~~123,~~239~~324.6319 9991,~~380~~282.0348 ~~117~~98,~~111~~749.7763 Servicing Fees 65,~~232~~736.8429 65,~~280~~761.1326 75,~~036~~916.9227 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 0.00 ~~421~~420.3298 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 ~~128~~117,~~006~~587.7990 9285,~~678~~100.5824 ~~110~~92,~~074~~833.8536 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.~~134372~~124738 5.~~443770~~440822 5.~~865930~~884204

Group Level Collateral Statement Group GROUP 7 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.~~785427~~790237 5.~~162598~~157522 Weighted Average Net Rate 6.~~410427~~415236 4.~~897987~~890314 Weighted Average Maturity ~~345~~344.00 ~~346~~345.00 Record Date 0708/31/2003 0708/31/2003 Principal And Interest Constant ~~176~~162,~~815~~503.3480 1,~~278~~099,~~904~~337.2289 Beginning Loan Count 7769 ~~560~~484 Loans Paid In Full 818 7668 Ending Loan Count 6951 ~~484~~416 Beginning Scheduled Balance 3128,~~034~~482,~~673~~135.8015 ~~222~~191,~~547~~725,~~103~~606.9151 Ending Scheduled Balance 2821,~~482~~075,~~135~~360.1541 ~~191~~163,~~725~~252,~~606~~902.5184 Scheduled Principal 1,~~329~~336.0877 ~~146~~126,~~507~~796.2421 Unscheduled Principal 27,~~551~~405,~~209~~437.5797 3028,~~674~~345,~~990~~907.1646 Scheduled Interest ~~175~~161,~~486~~167.2603 1972,~~132,396~~541.9868 Servicing Fee 98,~~698~~900.3467 5850,~~247~~565.8467 Master Servicing Fee 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 0.00 658.6604 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest ~~165~~152,~~787~~266.9236 1921,~~073,490~~317.4897 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 Pass-Through Rate 6.~~410427~~415237 4.~~895004~~886847

Filing Compare · BEAR STEARNS ARM TRUST MORTGAGE PASS THRO CERT SERIES 2002-8