8-K 1 bst02012.txt OCTOBER 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): October 27, 2003 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2002-12 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-68542-17 80-0069971 Pooling and Servicing Agreement) (Commission 80-0069274 (State or other File Number) 90-0102911 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 October 27, 2003 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2002-12 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 2002-12 Trust, relating to the October 27, 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 2002-12 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: 10/27/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-12 Trust, relating to the October 27, 2003 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 89/3130/03 Distribution Date: 910/2527/03 BST Series: 2002-12 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-1 07384MQX3 SEN 4.~~81597~~80762% 4132,~~371~~532,~~578~~510.2637 ~~166~~130,~~036~~336.9251 83,~~839~~684,~~067~~671.8984 I-A-2 07384MQY1 SEN 1.96700% 0.00 0.00 0.00 I-A-3 07384MQZ8 SEN 3.13100% 0.00 0.00 0.00 I-A-4 07384MRA2 SEN 3.54500% ~~88,823,317~~0.1100 ~~262,398~~0.8800 ~~88,823,317~~0.1100 I-A-5 07384MRB0 SEN 4.33400% ~~230~~213,~~500~~087,~~000~~432.0021 ~~832~~769,~~489~~600.1777 1744,~~412~~285,~~567~~707.7932 I-A-6 07384MRD6 SEN 4.93500% 66,000,000.00 271,425.00 0.00 I-A-7 07384MRE4 SEN 5.~~05297~~04462% 111,917,600.00 ~~471~~470,~~263~~484.6143 0.00 I-X-1 07384MRF1 SEN 0.48100% 0.00 1613,~~583~~040.11 0.00 I-X-2 07384MRG9 SEN 0.~~86232~~64977% 0.00 ~~357~~211,~~315~~719.4135 0.00 I-B-1 07384MRM6 SUB 5.~~29697~~28862% 10,~~457~~447,~~750~~383.0141 46,~~161~~043.9950 10578,~~366~~802.6000 I-B-2 07384MRN4 SUB 5.~~29697~~28862% 7,~~967~~959,~~795~~897.3601 35,~~170~~080.9870 7440,~~898~~991.3522 I-B-3 07384MRP9 SUB 5.~~29697~~28862% 3,~~485~~482,~~916~~461.6714 15,~~387~~347.3383 3192,~~455~~934.5300 I-B-4 07384MSB9 SUB 5.~~29697~~28862% 1,~~991~~989,~~924~~949.0346 8,~~792~~770.6407 1110,~~974~~246.5643 I-B-5 07384MSC7 SUB 5.~~29697~~28862% 1,~~493~~492,~~992~~511.6467 6,~~594~~577.7077 182,~~480~~687.9757 I-B-6 07384MSD5 SUB 5.~~29697~~28862% 1,~~493~~492,~~961~~480.8894 6,~~594~~577.5663 182,~~480~~685.9487 II-A-1 07384MRH7 SEN 4.~~12369~~11285% ~~215~~197,~~781~~078,~~097~~125.5444 ~~741~~675,~~512~~459.6795 1817,~~702~~352,~~972~~003.1078 II-A-2 07384MRJ3 SEN 4.~~84569~~83485% 1817,~~624~~010,~~282~~010.3108 7568,~~206~~533.3198 1,~~614~~497,~~272~~668.2380 II-A-3 07384MRL8 MEZ 4.~~84569~~83485% 7,~~182~~180,~~830~~220.0309 2928,~~004~~929.8338 2,~~609~~598.9437 II-X-1 07384MRK0 SEN 0.72200% 0.00 ~~129~~118,~~828~~575.2934 0.00 II-B-1 07384MRQ7 SUB 4.~~84569~~83485% 3,~~933~~932,~~561~~132.3708 15,~~884~~842.0371 1,~~429~~422.2996 II-B-2 07384MRR5 SUB 4.~~84569~~83485% 2,~~736~~735,~~273~~279.4722 11,~~049~~020.2954 ~~994~~989.2584 II-B-3 07384MRS3 SUB 4.~~84569~~83485% 1,~~368~~367,~~186~~689.5945 5,~~524~~510.8447 ~~497~~494.1494 II-B-4 07384MSE3 SUB 4.~~84569~~83485% ~~855~~854,~~091~~780.6999 3,~~452~~443.9395 ~~310~~309.7033 II-B-5 07384MSF0 SUB 4.~~84569~~83485% ~~513~~512,~~094~~908.9046 2,~~071~~066.9253 ~~186~~185.4461 II-B-6 07384MSG8 SUB 4.~~84569~~83485% ~~513~~512,~~110~~924.8541 2,~~071~~066.9859 ~~186~~185.4462 R-I 07384MRT1 RES 0.00000% 0.00 0.00 0.00 R-II 07384MRU8 SEN 4.~~86243~~86018% 0.00 0.00 0.00 R-III 07384MRC8 SEN 4.~~86243~~86018% 0.00 0.00 0.00 Totals ~~817~~681,~~011~~586,~~364~~296.7143 32,~~511~~916,~~821~~453.3911 ~~135~~68,~~425~~314,~~068~~585.2750

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 3228,~~532~~847,~~510~~838.3752 93,~~005~~815,~~104~~008.8135 0.00 I-A-2 0.00 0.00 0.00 0.00 I-A-3 0.00 0.00 0.00 0.00 I-A-4 0.00 0.00 ~~89,085,715~~0.9900 0.00 I-A-5 0.00 ~~213~~168,~~087~~801,~~432~~724.2189 1845,~~245~~055,~~056~~308.9609 0.00 I-A-6 0.00 66,000,000.00 271,425.00 0.00 I-A-7 0.00 111,917,600.00 ~~471~~470,~~263~~484.6143 0.00 I-X-1 0.00 0.00 1613,~~583~~040.11 0.00 I-X-2 0.00 0.00 ~~357~~211,~~315~~719.4135 0.00 I-B-1 0.00 109,~~447~~868,~~383~~581.41 56624,~~528~~845.5950 0.00 I-B-2 0.00 7,~~959~~518,~~897~~905.0179 43476,~~069~~071.3392 0.00 I-B-3 0.00 3,~~482~~289,~~461~~527.14 18208,~~842~~281.8683 0.00 I-B-4 0.00 1,~~989~~879,~~949~~703.4603 10119,~~767~~016.2050 0.00 I-B-5 0.00 1,~~492~~409,~~511~~824.6710 889,~~075~~265.6734 0.00 I-B-6 0.00 1,~~492~~409,~~480~~795.9407 889,~~075~~263.50 0.00 II-A-1 0.00 ~~197~~179,~~078~~726,~~125~~121.4467 1918,~~444~~027,~~484~~463.7773 0.00 II-A-2 0.00 1715,~~010~~512,~~010~~341.0829 1,~~689~~566,~~478~~202.5478 0.00 II-A-3 0.00 7,~~180~~177,~~220~~621.0972 31,~~614~~527.7775 0.00 II-X-1 0.00 0.00 ~~129~~118,~~828~~575.2934 0.00 II-B-1 0.00 3,~~932~~930,~~132~~709.0812 17,~~313~~265.3267 0.00 II-B-2 0.00 2,~~735~~734,~~279~~289.2238 12,~~043~~010.5438 0.00 II-B-3 0.00 1,367,~~689~~194.4551 6,~~021~~005.9841 0.00 II-B-4 0.00 854,~~780~~471.9966 3,~~763~~753.6328 0.00 II-B-5 0.00 512,~~908~~722.4685 2,~~258~~252.3614 0.00 II-B-6 0.00 512,~~924~~738.4179 2,~~258~~252.4221 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 0.00 0.00 Totals 0.00 ~~681~~613,~~586~~271,~~296~~710.4394 ~~138~~71,~~936~~231,~~889~~038.6661 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-1 75,000,000.00 4132,~~371~~532,~~578~~510.2637 4132,~~011~~308.0082 83,~~798~~652,~~056~~363.9002 0.00 0.00 I-A-2 237,500,000.00 0.00 0.00 0.00 0.00 0.00 I-A-3 90,000,000.00 0.00 0.00 0.00 0.00 0.00 I-A-4 165,500,000.00 ~~88,823,317~~0.1100 ~~412,117~~0.3100 ~~88,411,199~~0.7900 0.00 0.00 I-A-5 230,500,000.00 ~~230~~213,~~500~~087,~~000~~432.0021 80388,~~789~~316.8357 1743,~~331~~897,~~777~~390.9675 0.00 0.00 I-A-6 66,000,000.00 66,000,000.00 0.00 0.00 0.00 0.00 I-A-7 111,917,600.00 111,917,600.00 0.00 0.00 0.00 0.00 I-X-1 0.00 0.00 0.00 0.00 0.00 0.00 I-X-2 0.00 0.00 0.00 0.00 0.00 0.00 I-B-1 10,536,900.00 10,~~457~~447,~~750~~383.0141 10,~~366~~375.6055 0568,426.0045 0.00 0.00 I-B-2 8,028,100.00 7,~~967~~959,~~795~~897.3601 7,~~898~~905.3517 0433,086.0005 0.00 0.00 I-B-3 3,512,300.00 3,~~485~~482,~~916~~461.6714 3,~~455~~458.5352 0189,475.0048 0.00 0.00 I-B-4 2,007,000.00 1,~~991~~989,~~924~~949.0346 1,~~974~~976.5627 0108,270.0016 0.00 0.00 I-B-5 1,505,300.00 1,~~493~~492,~~992~~511.6467 1,~~480~~482.9725 081,205.0032 0.00 0.00 I-B-6 1,505,269.00 1,~~493~~492,~~961~~480.8894 1,~~480~~482.9422 081,203.0065 0.00 0.00 II-A-1 300,000,000.00 ~~215~~197,~~781~~078,~~097~~125.5444 7871,~~405~~318.7851 1817,~~624~~280,~~566~~685.3326 0.00 0.00 II-A-2 25,893,300.00 1817,~~624~~010,~~282~~010.3108 6,~~767~~155.2857 1,~~607~~491,~~504~~513.9423 0.00 0.00 II-A-3 7,203,900.00 7,~~182~~180,~~830~~220.0309 2,~~609~~598.9437 0.00 0.00 0.00 II-X-1 0.00 0.00 0.00 0.00 0.00 0.00 II-B-1 3,945,100.00 3,~~933~~932,~~561~~132.3708 1,~~429~~422.2996 0.00 0.00 0.00 II-B-2 2,744,300.00 2,~~736~~735,~~273~~279.4722 ~~994~~989.2584 0.00 0.00 0.00 II-B-3 1,372,200.00 1,~~368~~367,~~186~~689.5945 ~~497~~494.1494 0.00 0.00 0.00 II-B-4 857,600.00 ~~855~~854,~~091~~780.6999 ~~310~~309.7033 0.00 0.00 0.00 II-B-5 514,600.00 ~~513~~512,~~094~~908.9046 ~~186~~185.4461 0.00 0.00 0.00 II-B-6 514,616.00 ~~513~~512,~~110~~924.8541 ~~186~~185.4462 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 R-III 50.00 0.00 0.00 0.00 0.00 0.00 Totals 1,346,558,235.00 ~~817~~681,~~011~~586,~~364~~296.7143 ~~651~~530,~~962~~966.3512 ~~134~~67,~~773~~783,~~105~~619.9237 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-1 83,~~839~~684,~~067~~671.8984 3228,~~532~~847,~~510~~838.3752 0.~~43376680~~38463785 83,~~839~~684,~~067~~671.8984 I-A-2 0.00 0.00 0.00000000 0.00 I-A-3 0.00 0.00 0.00000000 0.00 I-A-4 ~~88,823,317~~0.1100 0.00 0.00000000 ~~88,823,317~~0.1100 I-A-5 1744,~~412~~285,~~567~~707.7932 ~~213~~168,~~087~~801,~~432~~724.2189 0.~~92445741~~73232852 1744,~~412~~285,~~567~~707.7932 I-A-6 0.00 66,000,000.00 1.00000000 0.00 I-A-7 0.00 111,917,600.00 1.00000000 0.00 I-X-1 0.00 0.00 0.00000000 0.00 I-X-2 0.00 0.00 0.00000000 0.00 I-B-1 10578,~~366~~802.6000 109,~~447~~868,~~383~~581.41 0.~~99150447~~93657351 10578,~~366~~802.6000 I-B-2 7440,~~898~~991.3522 7,~~959~~518,~~897~~905.0179 0.~~99150447~~93657351 7440,~~898~~991.3522 I-B-3 3192,~~455~~934.5300 3,~~482~~289,~~461~~527.14 0.~~99150447~~93657351 3192,~~455~~934.5300 I-B-4 1110,~~974~~246.5643 1,~~989~~879,~~949~~703.4603 0.~~99150446~~93657351 1110,~~974~~246.5643 I-B-5 182,~~480~~687.9757 1,~~492~~409,~~511~~824.6710 0.~~99150446~~93657351 182,~~480~~687.9757 I-B-6 182,~~480~~685.9487 1,~~492~~409,~~480~~795.9407 0.~~99150447~~93657351 182,~~480~~685.9487 II-A-1 1817,~~702~~352,~~972~~003.1078 ~~197~~179,~~078~~726,~~125~~121.4467 0.~~65692708~~59908707 1817,~~702~~352,~~972~~003.1078 II-A-2 1,~~614~~497,~~272~~668.2380 1715,~~010~~512,~~010~~341.0829 0.~~65692708~~59908707 1,~~614~~497,~~272~~668.2380 II-A-3 2,~~609~~598.9437 7,~~180~~177,~~220~~621.0972 0.~~99671290~~99635221 2,~~609~~598.9437 II-X-1 0.00 0.00 0.00000000 0.00 II-B-1 1,~~429~~422.2996 3,~~932~~930,~~132~~709.0812 0.~~99671290~~99635221 1,~~429~~422.2996 II-B-2 ~~994~~989.2584 2,~~735~~734,~~279~~289.2238 0.~~99671290~~99635221 ~~994~~989.2584 II-B-3 ~~497~~494.1494 1,367,~~689~~194.4551 0.~~99671291~~99635222 ~~497~~494.1494 II-B-4 ~~310~~309.7033 854,~~780~~471.9966 0.~~99671291~~99635222 ~~310~~309.7033 II-B-5 ~~186~~185.4461 512,~~908~~722.4685 0.~~99671290~~99635222 ~~186~~185.4461 II-B-6 ~~186~~185.4462 512,~~924~~738.4179 0.~~99671291~~99635221 ~~186~~185.4462 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 ~~135~~68,~~425~~314,~~068~~585.2750 ~~681~~613,~~586~~271,~~296~~710.4394 0.~~50616919~~45543646 ~~135~~68,~~425~~314,~~068~~585.2750

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 75,000,000.00 ~~551~~433.~~62104347~~76680493 0.~~54681333~~43078427 ~~117~~48.~~30742533~~69817360 0.00000000 I-A-2 237,500,000.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 90,000,000.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-4 165,500,000.00 ~~536~~0.~~69678012~~00000000 20.~~49013480~~00000000 ~~534~~0.~~20664526~~00000000 0.00000000 I-A-5 230,500,000.00 ~~1000~~924.~~00000000~~45740655 01.~~35049818~~68467059 75190.~~19209527~~44421150 0.00000000 I-A-6 66,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-7 111,917,600.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-X-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-B-1 10,536,900.00 ~~992~~991.~~48830396~~50446621 0.~~98383775~~98468715 053.~~00000000~~94626978 0.00000000 I-B-2 8,028,100.00 ~~992~~991.~~48830483~~50446681 0.~~98383802~~98468754 053.~~00000000~~94626998 0.00000000 I-B-3 3,512,300.00 ~~992~~991.~~48830396~~50446716 0.~~98383680~~98468810 053.~~00000000~~94626883 0.00000000 I-B-4 2,007,000.00 ~~992~~991.~~48830593~~50446437 0.~~98383657~~98468859 053.~~00000000~~94626806 0.00000000 I-B-5 1,505,300.00 ~~992~~991.~~48830134~~50446423 0.~~98383711~~98468744 053.~~00000000~~94626985 0.00000000 I-B-6 1,505,269.00 ~~992~~991.~~48830608~~50446864 0.~~98383744~~98468779 053.~~00000000~~94627140 0.00000000 II-A-1 300,000,000.00 ~~719~~656.~~27032513~~92708480 0.~~26135260~~23772837 6257.~~08188777~~60228420 0.00000000 II-A-2 25,893,300.00 ~~719~~656.~~27032514~~92708461 0.~~26135255~~23772829 6257.~~08188759~~60228437 0.00000000 II-A-3 7,203,900.00 ~~997~~996.~~07519954~~71290412 0.~~36229542~~36068935 0.00000000 0.00000000 II-X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-B-1 3,945,100.00 ~~997~~996.~~07519961~~71290462 0.~~36229500~~36069048 0.00000000 0.00000000 II-B-2 2,744,300.00 ~~997~~996.~~07519950~~71290311 0.~~36229640~~36068943 0.00000000 0.00000000 II-B-3 1,372,200.00 ~~997~~996.~~07520041~~71290628 0.~~36229413~~36069086 0.00000000 0.00000000 II-B-4 857,600.00 ~~997~~996.~~07519823~~71290812 0.~~36229011~~36069263 0.00000000 0.00000000 II-B-5 514,600.00 ~~997~~996.~~07520404~~71290323 0.~~36230082~~36068791 0.00000000 0.00000000 II-B-6 514,616.00 ~~997~~996.~~07519782~~71290827 0.~~36228955~~36069613 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 R-III 50.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A-1 0.00000000 ~~117~~49.~~85423853~~12895787 ~~433~~384.~~76680493~~63784693 0.~~43376680~~38463785 ~~117~~49.~~85423853~~12895787 I-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-4 0.00000000 ~~536~~0.~~69678012~~00000000 0.00000000 0.00000000 ~~536~~0.~~69678012~~00000000 I-A-5 0.00000000 75192.~~54259345~~12888208 ~~924~~732.~~45740655~~32852447 0.~~92445741~~73232852 75192.~~54259345~~12888208 I-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-X-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-B-1 0.00000000 054.~~98383775~~93095692 ~~991~~936.~~50446621~~57350929 0.~~99150447~~93657351 054.~~98383775~~93095692 I-B-2 0.00000000 054.~~98383802~~93095751 ~~991~~936.~~50446681~~57350930 0.~~99150447~~93657351 054.~~98383802~~93095751 I-B-3 0.00000000 054.~~98383680~~93095692 ~~991~~936.~~50446716~~57351024 0.~~99150447~~93657351 054.~~98383680~~93095692 I-B-4 0.00000000 054.~~98383657~~93095665 ~~991~~936.~~50446437~~57350772 0.~~99150446~~93657351 054.~~98383657~~93095665 I-B-5 0.00000000 054.~~98383711~~93095728 ~~991~~936.~~50446423~~57350694 0.~~99150446~~93657351 054.~~98383711~~93095728 I-B-6 0.00000000 054.~~98383744~~93095918 ~~991~~936.~~50446864~~57350945 0.~~99150447~~93657351 054.~~98383744~~93095918 II-A-1 0.00000000 6257.~~34324033~~84001260 ~~656~~599.~~92708480~~08707223 0.~~65692708~~59908707 6257.~~34324033~~84001260 II-A-2 0.00000000 6257.~~34324053~~84001267 ~~656~~599.~~92708461~~08707233 0.~~65692708~~59908707 6257.~~34324053~~84001267 II-A-3 0.00000000 0.~~36229542~~36068935 996.~~71290412~~35221477 0.~~99671290~~99635221 0.~~36229542~~36068935 II-X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-B-1 0.00000000 0.~~36229500~~36069048 996.~~71290462~~35221414 0.~~99671290~~99635221 0.~~36229500~~36069048 II-B-2 0.00000000 0.~~36229640~~36068943 996.~~71290311~~35221368 0.~~99671290~~99635221 0.~~36229640~~36068943 II-B-3 0.00000000 0.~~36229413~~36069086 996.~~71290628~~35221542 0.~~99671291~~99635222 0.~~36229413~~36069086 II-B-4 0.00000000 0.~~36229011~~36069263 996.~~71290812~~35221549 0.~~99671291~~99635222 0.~~36229011~~36069263 II-B-5 0.00000000 0.~~36230082~~36068791 996.~~71290323~~35221531 0.~~99671290~~99635222 0.~~36230082~~36068791 II-B-6 0.00000000 0.~~36228955~~36069613 996.~~71290827~~35221213 0.~~99671291~~99635221 0.~~36228955~~36069613 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~~Bankruptcy, 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-1 75,000,000.00 4.~~81597~~80762% 4132,~~371~~532,~~578~~510.2637 ~~166~~130,~~036~~336.9251 0.00 0.00 I-A-2 237,500,000.00 1.96700% 0.00 0.00 0.00 0.00 I-A-3 90,000,000.00 3.13100% 0.00 0.00 0.00 0.00 I-A-4 165,500,000.00 3.54500% ~~88,823,317~~0.1100 ~~262,398~~0.8800 0.00 0.00 I-A-5 230,500,000.00 4.33400% ~~230~~213,~~500~~087,~~000~~432.0021 ~~832~~769,~~489~~600.1778 0.00 0.00 I-A-6 66,000,000.00 4.93500% 66,000,000.00 271,425.00 0.00 0.00 I-A-7 111,917,600.00 5.~~05297~~04462% 111,917,600.00 ~~471~~470,~~263~~484.6143 0.00 0.00 I-X-1 0.00 0.48100% 4132,~~371~~532,~~578~~510.2637 1613,~~583~~040.11 0.00 0.00 I-X-2 0.00 0.~~86232~~64977% ~~497~~391,~~240~~005,~~917~~032.1121 ~~357~~211,~~315~~719.4135 0.00 0.00 I-B-1 10,536,900.00 5.~~29697~~28862% 10,~~457~~447,~~750~~383.0141 46,~~161~~043.9950 0.00 0.00 I-B-2 8,028,100.00 5.~~29697~~28862% 7,~~967~~959,~~795~~897.3601 35,~~170~~080.9870 0.00 0.00 I-B-3 3,512,300.00 5.~~29697~~28862% 3,~~485~~482,~~916~~461.6714 15,~~387~~347.3383 0.00 0.00 I-B-4 2,007,000.00 5.~~29697~~28862% 1,~~991~~989,~~924~~949.0346 8,~~792~~770.6407 0.00 0.00 I-B-5 1,505,300.00 5.~~29697~~28862% 1,~~493~~492,~~992~~511.6467 6,~~594~~577.7077 0.00 0.00 I-B-6 1,505,269.00 5.~~29697~~28862% 1,~~493~~492,~~961~~480.8894 6,~~594~~577.5663 0.00 0.00 II-A-1 300,000,000.00 4.~~12369~~11285% ~~215~~197,~~781~~078,~~097~~125.5444 ~~741~~675,~~512~~459.6795 0.00 0.00 II-A-2 25,893,300.00 4.~~84569~~83485% 1817,~~624~~010,~~282~~010.3108 7568,~~206~~533.3198 0.00 0.00 II-A-3 7,203,900.00 4.~~84569~~83485% 7,~~182~~180,~~830~~220.0309 2928,~~004~~929.8338 0.00 0.00 II-X-1 0.00 0.72200% ~~215~~197,~~781~~078,~~097~~125.5444 ~~129~~118,~~828~~575.2934 0.00 0.00 II-B-1 3,945,100.00 4.~~84569~~83485% 3,~~933~~932,~~561~~132.3708 15,~~884~~842.0371 0.00 0.00 II-B-2 2,744,300.00 4.~~84569~~83485% 2,~~736~~735,~~273~~279.4722 11,~~049~~020.2954 0.00 0.00 II-B-3 1,372,200.00 4.~~84569~~83485% 1,~~368~~367,~~186~~689.5945 5,~~524~~510.8447 0.00 0.00 II-B-4 857,600.00 4.~~84569~~83485% ~~855~~854,~~091~~780.6999 3,~~452~~443.9395 0.00 0.00 II-B-5 514,600.00 4.~~84569~~83485% ~~513~~512,~~094~~908.9046 2,~~071~~066.9253 0.00 0.00 II-B-6 514,616.00 4.~~84569~~83485% ~~513~~512,~~110~~924.8541 2,~~071~~066.9859 0.00 0.00 R-I 50.00 0.00000% 0.00 0.00 0.00 0.00 R-II 50.00 4.~~86243~~86018% 0.00 0.00 0.00 0.00 R-III 50.00 4.~~86243~~86018% 0.00 0.00 0.00 0.00 Totals 1,346,558,235.00 32,~~511~~916,~~821~~453.3912 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-1 0.00 0.00 ~~166~~130,~~036~~336.9251 0.00 3228,~~532~~847,~~510~~838.3752 I-A-2 0.00 0.00 0.00 0.00 0.00 I-A-3 0.00 0.00 0.00 0.00 0.00 I-A-4 0.00 0.00 ~~262,398~~0.8800 0.00 0.00 I-A-5 0.00 0.00 ~~832~~769,~~489~~600.1777 0.00 ~~213~~168,~~087~~801,~~432~~724.2189 I-A-6 0.00 0.00 271,425.00 0.00 66,000,000.00 I-A-7 0.00 0.00 ~~471~~470,~~263~~484.6143 0.00 111,917,600.00 I-X-1 0.00 0.00 1613,~~583~~040.11 0.00 3228,~~532~~847,~~510~~838.3752 I-X-2 0.00 0.00 ~~357~~211,~~315~~719.4135 0.00 ~~391~~346,~~005~~719,~~032~~324.2189 I-B-1 0.00 0.00 46,~~161~~043.9950 0.00 109,~~447~~868,~~383~~581.41 I-B-2 0.00 0.00 35,~~170~~080.9870 0.00 7,~~959~~518,~~897~~905.0179 I-B-3 0.00 0.00 15,~~387~~347.3383 0.00 3,~~482~~289,~~461~~527.14 I-B-4 0.00 0.00 8,~~792~~770.6407 0.00 1,~~989~~879,~~949~~703.4603 I-B-5 0.00 0.00 6,~~594~~577.7077 0.00 1,~~492~~409,~~511~~824.6710 I-B-6 0.00 0.00 6,~~594~~577.5663 0.00 1,~~492~~409,~~480~~795.9407 II-A-1 0.0001 0.00 ~~741~~675,~~512~~459.6795 0.00 ~~197~~179,~~078~~726,~~125~~121.4467 II-A-2 0.00 0.00 7568,~~206~~533.3198 0.00 1715,~~010~~512,~~010~~341.0829 II-A-3 0.00 0.00 2928,~~004~~929.8338 0.00 7,~~180~~177,~~220~~621.0972 II-X-1 0.00 0.00 ~~129~~118,~~828~~575.2934 0.00 ~~197~~179,~~078~~726,~~125~~121.4467 II-B-1 0.00 0.00 15,~~884~~842.0371 0.00 3,~~932~~930,~~132~~709.0812 II-B-2 0.00 0.00 11,~~049~~020.2954 0.00 2,~~735~~734,~~279~~289.2238 II-B-3 0.00 0.00 5,~~524~~510.8447 0.00 1,367,~~689~~194.4551 II-B-4 0.00 0.00 3,~~452~~443.9395 0.00 854,~~780~~471.9966 II-B-5 0.00 0.00 2,~~071~~066.9253 0.00 512,~~908~~722.4685 II-B-6 0.00 0.00 2,~~071~~066.9859 0.00 512,~~924~~738.4179 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 0.00 0.00 0.00 Totals 0.0001 0.00 32,~~511~~916,~~821~~453.3911 0.00 (4) Amount Does Not Include Excess Special Hazard, ~~Bankrupcy~~Bankruptcy, 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-1 75,000,000.00 4.~~81597~~80762% ~~551~~433.~~62104347~~76680493 21.~~21382560~~73782013 0.00000000 0.00000000 I-A-2 237,500,000.00 1.96700% 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 90,000,000.00 3.13100% 0.00000000 0.00000000 0.00000000 0.00000000 I-A-4 165,500,000.00 3.54500% ~~536~~0.~~69678012~~00000000 10.~~58549172~~00000000 0.00000000 0.00000000 I-A-5 230,500,000.00 4.33400% ~~1000~~924.~~00000000~~45740655 3.~~61166668~~33883202 0.00000000 0.00000000 I-A-6 66,000,000.00 4.93500% 1000.00000000 4.11250000 0.00000000 0.00000000 I-A-7 111,917,600.00 5.~~05297~~04462% 1000.00000000 4.~~21080876~~20384667 0.00000000 0.00000000 I-X-1 0.00 0.48100% ~~551~~433.~~62104347~~76680493 0.~~22110813~~17386813 0.00000000 0.00000000 I-X-2 0.00 0.~~86232~~64977% ~~551~~433.~~62104347~~76680487 0.~~39639276~~23487377 0.00000000 0.00000000 I-B-1 10,536,900.00 5.~~29697~~28862% ~~992~~991.~~48830396~~50446621 4.~~38098397~~36973873 0.00000000 0.00000000 I-B-2 8,028,100.00 5.~~29697~~28862% ~~992~~991.~~48830483~~50446681 4.~~38098429~~36973879 0.00000000 0.00000000 I-B-3 3,512,300.00 5.~~29697~~28862% ~~992~~991.~~48830396~~50446716 4.~~38098397~~36973778 0.00000000 0.00000000 I-B-4 2,007,000.00 5.~~29697~~28862% ~~992~~991.~~48830593~~50446437 4.~~38098655~~36974091 0.00000000 0.00000000 I-B-5 1,505,300.00 5.~~29697~~28862% ~~992~~991.~~48830134~~50446423 4.~~38098718~~36974025 0.00000000 0.00000000 I-B-6 1,505,269.00 5.~~29697~~28862% ~~992~~991.~~48830608~~50446864 4.~~38098440~~36973724 0.00000000 0.00000000 II-A-1 300,000,000.00 4.~~12369~~11285% ~~719~~656.~~27032513~~92708480 2.~~47170890~~25153317 0.00000000 0.00000000 II-A-2 25,893,300.00 4.~~84569~~83485% ~~719~~656.~~27032514~~92708461 2.~~90446988~~64678430 0.00000000 0.00000000 II-A-3 7,203,900.00 4.~~84569~~83485% ~~997~~996.~~07519954~~71290412 4.~~02626772~~01579422 0.00000000 0.00000000 II-X-1 0.00 0.72200% ~~719~~656.~~27032513~~92708480 0.~~43276097~~39525113 0.00000000 0.00000000 II-B-1 3,945,100.00 4.~~84569~~83485% ~~997~~996.~~07519961~~71290462 4.~~02626803~~01579428 0.00000000 0.00000000 II-B-2 2,744,300.00 4.~~84569~~83485% ~~997~~996.~~07519950~~71290311 4.~~02626899~~01579273 0.00000000 0.00000000 II-B-3 1,372,200.00 4.~~84569~~83485% ~~997~~996.~~07520041~~71290628 4.~~02626439~~01579216 0.00000000 0.00000000 II-B-4 857,600.00 4.~~84569~~83485% ~~997~~996.~~07519823~~71290812 4.~~02627099~~01579991 0.00000000 0.00000000 II-B-5 514,600.00 4.~~84569~~83485% ~~997~~996.~~07520404~~71290323 4.~~02627283~~01579868 0.00000000 0.00000000 II-B-6 514,616.00 4.~~84569~~83485% ~~997~~996.~~07519782~~71290827 4.~~02626424~~01579041 0.00000000 0.00000000 R-I 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 4.~~86243~~86018% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 4.~~86243~~86018% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance I-A-1 0.00000000 0.00000000 21.~~21382560~~73782013 0.00000000 ~~433~~384.~~76680493~~63784693 I-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-4 0.00000000 0.00000000 10.~~58549172~~00000000 0.00000000 0.00000000 I-A-5 0.00000000 0.00000000 3.~~61166668~~33883197 0.00000000 ~~924~~732.~~45740655~~32852447 I-A-6 0.00000000 0.00000000 4.11250000 0.00000000 1000.00000000 I-A-7 0.00000000 0.00000000 4.~~21080876~~20384667 0.00000000 1000.00000000 I-X-1 0.00000000 0.00000000 0.~~22110813~~17386813 0.00000000 ~~433~~384.~~76680493~~63784693 I-X-2 0.00000000 0.00000000 0.~~39639276~~23487377 0.00000000 ~~433~~384.~~76680487~~63784698 I-B-1 0.00000000 0.00000000 4.~~38098397~~36973873 0.00000000 ~~991~~936.~~50446621~~57350929 I-B-2 0.00000000 0.00000000 4.~~38098429~~36973879 0.00000000 ~~991~~936.~~50446681~~57350930 I-B-3 0.00000000 0.00000000 4.~~38098397~~36973778 0.00000000 ~~991~~936.~~50446716~~57351024 I-B-4 0.00000000 0.00000000 4.~~38098655~~36974091 0.00000000 ~~991~~936.~~50446437~~57350772 I-B-5 0.00000000 0.00000000 4.~~38098718~~36974025 0.00000000 ~~991~~936.~~50446423~~57350694 I-B-6 0.00000000 0.00000000 4.~~38098440~~36973724 0.00000000 ~~991~~936.~~50446864~~57350945 II-A-1 0.~~00000000~~00000003 0.00000000 2.~~47170890~~25153317 0.00000000 ~~656~~599.~~92708480~~08707223 II-A-2 0.00000000 0.00000000 2.~~90446988~~64678430 0.00000000 ~~656~~599.~~92708461~~08707233 II-A-3 0.00000000 0.00000000 4.~~02626772~~01579422 0.00000000 996.~~71290412~~35221477 II-X-1 0.00000000 0.00000000 0.~~43276097~~39525113 0.00000000 ~~656~~599.~~92708480~~08707223 II-B-1 0.00000000 0.00000000 4.~~02626803~~01579428 0.00000000 996.~~71290462~~35221414 II-B-2 0.00000000 0.00000000 4.~~02626899~~01579273 0.00000000 996.~~71290311~~35221368 II-B-3 0.00000000 0.00000000 4.~~02626439~~01579216 0.00000000 996.~~71290628~~35221542 II-B-4 0.00000000 0.00000000 4.~~02627099~~01579991 0.00000000 996.~~71290812~~35221549 II-B-5 0.00000000 0.00000000 4.~~02627283~~01579868 0.00000000 996.~~71290323~~35221531 II-B-6 0.00000000 0.00000000 4.~~02626424~~01579041 0.00000000 996.~~71290827~~35221213 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 (6) Amount Does Not Include Excess Special Hazard, ~~Bankrupcy~~Bankruptcy,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 I-X-2-1 3.~~38876~~38859% 0.00 0.00 0.00 0.00 0.00000000% I-X-2-2 2.~~22476~~22459% 0.00 0.00 0.00 0.00 0.00000000% I-X-2-3 1.~~75197~~81059% ~~88,823,317~~0.1100 0.00 0.00 0.00 0.00000000% I-X-2-4 0.~~96297~~95462% ~~230,500,000.00~~ 213,087,432.21 168,801,724.89 0.00 0.00 9273.~~44574066~~23285245% I-X-2-5 0.~~36197~~35362% 66,000,000.00 66,000,000.00 0.00 0.00 100.00000000% I-X-2-6 0.24400% 111,917,600.00 111,917,600.00 0.00 0.00 100.00000000%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal ~~139~~71,~~214~~446,~~764~~600.6609 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 1219,~~622~~978.6252 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits ~~139~~71,~~227~~466,~~387~~578.2861 Withdrawals Reimbursement for Servicer Advances 2412,~~387~~622.7062 Payment of Service Fee ~~266~~222,~~109~~917.9238 Payment of Interest and Principal ~~138~~71,~~936~~231,~~889~~038.6661 Total Withdrawals (Pool Distribution Amount) ~~139~~71,~~227~~466,~~387~~578.2861 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~266~~222,~~109~~917.9238 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~266~~222,~~109~~917.9238

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 57 0 0 0 57 24,~~379~~016,~~261~~661.3339 0.00 0.00 0.00 24,~~379~~016,~~261~~661.3339 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 57 0 0 0 57 24,~~379~~016,~~261~~661.3339 0.00 0.00 0.00 24,~~379~~016,~~261~~661.3339 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 0.~~374251~~579470% 0.000000% 0.000000% 0.000000% 0.~~374251~~579470% 0.~~348846~~654520% 0.000000% 0.000000% 0.000000% 0.~~348846~~654520% 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.~~374251~~579470% 0.000000% 0.000000% 0.000000% 0.~~374251~~579470% 0.~~348846~~654520% 0.000000% 0.000000% 0.000000% 0.~~348846~~654520%

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 46 0 0 0 46 2,~~051~~717,~~638~~667.39 0.00 0.00 0.00 2,~~051~~717,~~638~~667.39 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 46 0 0 0 46 2,~~051~~717,~~638~~667.39 0.00 0.00 0.00 2,~~051~~717,~~638~~667.39 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~426439~~712589% 0.000000% 0.000000% 0.000000% 0.~~426439~~712589% 0.~~455128~~677237% 0.000000% 0.000000% 0.000000% 0.~~455128~~677237% 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.~~426439~~712589% 0.000000% 0.000000% 0.000000% 0.~~426439~~712589% 0.~~455128~~677237% 0.000000% 0.000000% 0.000000% 0.~~455128~~677237% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 ~~327~~1,~~622~~298,994.9400 0.00 0.00 0.00 ~~327~~1,~~622~~298,994.9400 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 0 0 1 ~~327~~1,~~622~~298,994.9400 0.00 0.00 0.00 ~~327~~1,~~622~~298,994.9400 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~251256~~273224% 0.000000% 0.000000% 0.000000% 0.~~251256~~273224% 0.~~141672~~611599% 0.000000% 0.000000% 0.000000% 0.~~141672~~611599% 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.~~251256~~273224% 0.000000% 0.000000% 0.000000% 0.~~251256~~273224% 0.~~141672~~611599% 0.000000% 0.000000% 0.000000% 0.~~141672~~611599%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 1219,~~622~~978.6252

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~548904~~527172% Weighted Average Net Coupon 5.~~158050~~134704% Weighted Average Pass-Through Rate 5.~~158050~~134704% Weighted Average Maturity(Stepdown Calculation ) ~~350~~349 Beginning Scheduled Collateral Loan Count 1,~~597~~336 Number Of Loans Paid In Full ~~261~~128 Ending Scheduled Collateral Loan Count 1,~~336~~208 Beginning Scheduled Collateral Balance ~~817~~681,~~011~~586,~~365~~297.4415 Ending Scheduled Collateral Balance ~~681~~613,~~586~~271,~~297~~711.1567 Ending Actual Collateral Balance at 3130-~~Aug~~Sep-2003 ~~682~~613,~~036~~680,~~772~~593.8403 Monthly P &I Constant 43,~~429~~670,~~893~~336.6860 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 ~~681~~613,~~586~~271,~~297~~711.1567 Scheduled Principal ~~651~~530,~~962~~966.3711 Unscheduled Principal ~~134~~67,~~773~~783,~~105~~619.9237

Miscellaneous Reporting Senior Percentage Group 1 9594.~~244711~~035402% Senior Prepayment Percentage Group 1 ~~100~~97.~~000000~~017701% Subordinate Percentage Group 1 45.~~755289~~964598% Subordinate Prepayment Percent Group 1 02.~~000000~~982299% Average Loss Severity Group 1 0 Senior Percentage Group 2 9392.~~200144~~605055% Senior Prepayment Percentage Group 2 100.000000% Subordinate Percentage Group 2 67.~~799856~~394945% Subordinate Prepayment Percent Group 2 0.000000% Average Loss Severity Group 2 0 Diverted Amount 0.00

Group Level Collateral Statement Group Group 1 Group 2 Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~671971~~663616 5.~~272194~~261346 5.~~548904~~527172 Weighted Average Net Rate 5.~~296971~~288616 4.~~845694~~834846 5.~~158050~~134704 Weighted Average Maturity ~~349~~348 ~~351~~ 350 349 Beginning Loan Count ~~1,162~~938 ~~435~~398 1,~~597~~336 Loans Paid In Full ~~224~~96 3732 ~~261~~128 Ending Loan Count ~~938~~842 ~~398~~366 1,~~336~~208 Beginning Scheduled Balance ~~565~~450,~~503~~402,~~836~~226.0226 ~~251~~231,~~507~~184,~~529~~070.4289 ~~817~~681,~~011~~586,~~365~~297.4415 Ending scheduled Balance ~~450~~400,~~402~~943,~~226~~500.2602 ~~231~~212,~~184~~328,~~070~~211.8965 ~~681~~613,~~586~~271,~~297~~711.1567 Record Date 0809/3130/2003 0809/3130/2003 0809/3130/2003 Principal And Interest Constant 32,~~233~~573,~~509~~059.3673 1,~~196~~097,~~384~~276.3287 43,~~429~~670,~~893~~336.6860 Scheduled Principal ~~560~~447,~~575~~305.1136 9183,~~387~~660.2675 ~~651~~530,~~962~~966.3711 Unscheduled Principal ~~114~~49,~~541~~011,~~034~~420.6588 2018,~~232~~772,~~071~~198.2749 ~~134~~67,~~773~~783,~~105~~619.9237 Scheduled Interest 2,~~672~~125,~~934~~754.2537 1,~~104~~013,~~997~~616.0612 3,~~777~~139,~~931~~370.3149 Servicing Fees ~~176~~140,~~719~~750.9570 8982,~~389~~166.9768 ~~266~~222,~~109~~917.9238 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 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 21,~~496~~985,~~214~~003.3067 1931,~~015,607~~449.0944 32,~~511~~916,~~821~~453.3911 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.~~296971~~288616 4.~~845694~~834846 5.~~158050~~134704

Filing Compare · STRUCTURED ASSET MORT INV INC BEAR STEARNS ARM TRUST 2002-12