8-K 1 bst02008.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 2002-8 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 October 27, 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 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 2002-8 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: 10/27/03 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 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: 2002-8 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.~~36342~~35983% 2120,~~657~~342,~~196~~679.6813 9689,~~005~~796.9415 13,~~314~~357,~~517~~179.5552 II-A 07384MNR9 SEN 5.~~20915~~19277% 4942,~~606~~686,~~321~~976.6915 ~~213~~182,~~578~~554.6945 65,~~919~~355,~~345~~090.5320 II-X 07384MNU2 SEN 0.64500% 0.00 2622,~~445~~675.4432 0.00 III-A 07384MNS7 SEN 6.~~15588~~16365% 1816,~~807~~692,~~669~~835.3264 9584,~~692~~735.8064 24,~~114~~579,~~833~~871.6979 IV-A 07384MNT5 SEN 5.~~12474~~12919% 2016,~~603~~153,~~174~~470.8865 8768,~~268~~235.9888 43,~~449~~774,~~704~~199.2453 V-A 07384MNY4 SEN 5.~~44082~~45228% 1716,~~824~~631,~~060~~017.4690 8074,~~154~~678.0239 12,~~193~~023,~~042~~820.5655 VI-A 07384MNZ1 SEN 5.~~88420~~87808% 1714,~~853~~012,~~951~~732.7992 8667,~~831~~835.2845 35,~~841~~396,~~218~~758.8772 VII-A 07384MPA4 SEN 6.~~41524~~42405% 2619,~~693~~519,~~876~~661.2569 ~~141~~103,~~539~~271.7525 73,~~174~~169,~~214~~441.5648 X 07384MPL0 SEN 0.20650% 0.00 65,~~150~~059.0345 0.00 B-1 07384MPB2 SUB 5.~~58783~~58451% 87,~~272~~622,~~077~~942.9446 3835,~~204~~059.3054 ~~649~~685,~~135~~463.4974 B-2 07384MPC0 SUB 5.~~58783~~58451% 43,~~002~~688,~~650~~550.6025 1816,~~486~~964.1043 ~~314~~331,~~100~~678.3567 B-3 07384MPD8 SUB 5.~~58783~~58451% 2,~~668~~459,~~481~~077.3336 1211,~~324~~309.2982 ~~209~~221,~~403~~123.9706 B-4 07384MPE6 SUB 5.~~58783~~58451% 1,~~601~~475,~~088~~446.8042 76,~~394~~785.5789 ~~125~~132,~~642~~673.3884 B-5 07384MPF3 SUB 5.~~58783~~58451% 1983,~~067,392~~630.5394 4,~~929~~523.7193 8388,~~761~~449.5922 B-6 07384MPG1 SUB 5.~~58783~~58451% 1983,~~067,664~~881.2433 4,~~930~~525.9708 8388,~~782~~471.9174 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 0.01 0.00 Totals ~~191~~163,~~725~~252,~~606~~902.5184 ~~919~~778,~~936~~010.8868 2829,~~472~~204,~~703~~222.6906

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 2016,~~342~~985,~~679~~499.1362 13,~~410~~446,~~523~~975.4967 0.00 II-A 0.00 4237,~~686~~331,~~976~~885.1596 75,~~132~~537,~~924~~644.2265 0.00 II-X 0.00 0.00 2622,~~445~~675.4432 0.00 III-A 0.00 1612,~~692~~112,~~835~~963.6485 24,~~210~~664,~~526~~607.4943 0.00 IV-A 0.00 1612,~~153~~379,~~470~~271.6511 43,~~536~~842,~~973~~435.2241 0.00 V-A 0.00 1614,~~631~~607,~~017~~197.9035 12,~~273~~098,~~196~~498.5894 0.00 VI-A 0.00 148,~~012~~615,~~732~~974.9219 35,~~928~~464,~~050~~594.1517 0.00 VII-A 0.00 1916,~~519~~350,~~661~~220.6921 73,~~315~~272,~~754~~712.3173 0.00 X 0.00 0.00 65,~~150~~059.0345 0.00 B-1 0.00 76,~~622~~937,~~942~~478.4672 ~~687~~720,~~339~~523.7928 0.00 B-2 0.00 3,~~688~~356,~~550~~871.2558 ~~332~~348,~~586~~643.4510 0.00 B-3 0.00 2,~~459~~237,~~077~~954.3630 ~~221~~232,~~728~~432.2688 0.00 B-4 0.00 1,~~475~~342,~~446~~772.4258 ~~133~~139,~~036~~459.9573 0.00 B-5 0.00 ~~983~~895,~~630~~181.9472 8892,~~691~~973.3015 0.00 B-6 0.00 ~~983~~895,~~881~~409.3359 8892,~~713~~996.8882 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 0.01 0.00 Totals 0.00 ~~163~~134,~~252~~048,~~902~~680.8478 29,~~392~~982,~~640~~232.5774 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 2120,~~657~~342,~~196~~679.6813 1817,~~712~~493.1260 13,~~295~~339,~~805~~685.4391 0.00 0.00 II-A 187,728,800.00 4942,~~606~~686,~~321~~976.6915 4237,~~214~~128.0025 65,~~877~~317,~~131~~961.5395 0.00 0.00 II-X 0.00 0.00 0.00 0.00 0.00 0.00 III-A 45,480,600.00 1816,~~807~~692,~~669~~835.3264 5,~~907~~416.7857 24,~~108~~574,~~925~~455.9022 0.00 0.00 IV-A 275,388,100.00 2016,~~603~~153,~~174~~470.8865 2519,~~204~~897.1867 43,~~424~~754,~~500~~301.0686 0.00 0.00 V-A 32,683,300.00 1716,~~824~~631,~~060~~017.4690 109,~~374~~548.1497 12,~~182~~014,~~668~~271.4358 0.00 0.00 VI-A 41,117,300.00 1714,~~853~~012,~~951~~732.7992 75,~~466~~735.6422 35,~~833~~391,~~752~~023.2350 0.00 0.00 VII-A 62,630,800.00 2619,~~693~~519,~~876~~661.2569 ~~1,252~~778.8434 73,~~172~~168,~~961~~663.7214 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 B-1 11,587,500.00 87,~~272~~622,~~077~~942.9446 6,~~936~~453.9603 ~~642~~679,~~198~~010.5271 0.00 0.00 B-2 5,606,900.00 43,~~002~~688,~~650~~550.6025 3,~~356~~122.6246 ~~310~~328,~~743~~556.7222 0.00 0.00 B-3 3,738,000.00 2,~~668~~459,~~481~~077.3336 2,~~237~~081.7968 ~~207~~219,~~166~~041.1838 0.00 0.00 B-4 2,242,800.00 1,~~601~~475,~~088~~446.8042 1,~~342~~249.6701 ~~124~~131,~~299~~424.7183 0.00 0.00 B-5 1,495,200.00 1983,~~067,392~~630.5394 ~~895~~832.1267 8287,~~866~~616.4755 0.00 0.00 B-6 1,495,580.00 1983,~~067,664~~881.2433 ~~895~~832.3488 8287,~~887~~638.5686 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 ~~191~~163,~~725~~252,~~606~~902.5184 ~~126~~110,~~796~~570.2035 2829,~~345~~093,~~907~~651.4671 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 13,~~314~~357,~~517~~179.5552 2016,~~342~~985,~~679~~499.1362 0.~~26626648~~22232417 13,~~314~~357,~~517~~179.5552 II-A 65,~~919~~355,~~345~~090.5320 4237,~~686~~331,~~976~~885.1596 0.~~22738640~~19886073 65,~~919~~355,~~345~~090.5320 II-X 0.00 0.00 0.00000000 0.00 III-A 24,~~114~~579,~~833~~871.6979 1612,~~692~~112,~~835~~963.6485 0.~~36703200~~26633254 24,~~114~~579,~~833~~871.6979 IV-A 43,~~449~~774,~~704~~199.2453 1612,~~153~~379,~~470~~271.6511 0.~~05865711~~04495209 43,~~449~~774,~~704~~199.2453 V-A 12,~~193~~023,~~042~~820.5655 1614,~~631~~607,~~017~~197.9035 0.~~50885369~~44693153 12,~~193~~023,~~042~~820.5655 VI-A 35,~~841~~396,~~218~~758.8772 148,~~012~~615,~~732~~974.9219 0.~~34079896~~20954621 35,~~841~~396,~~218~~758.8772 VII-A 73,~~174~~169,~~214~~441.5648 1916,~~519~~350,~~661~~220.6921 0.~~31166234~~26105718 73,~~174~~169,~~214~~441.5648 X 0.00 0.00 0.00000000 0.00 B-1 ~~649~~685,~~135~~463.4974 76,~~622~~937,~~942~~478.4672 0.~~65785911~~59870367 ~~649~~685,~~135~~463.4974 B-2 ~~314~~331,~~100~~678.3567 3,~~688~~356,~~550~~871.2558 0.~~65785911~~59870367 ~~314~~331,~~100~~678.3567 B-3 ~~209~~221,~~403~~123.9706 2,~~459~~237,~~077~~954.3630 0.~~65785911~~59870367 ~~209~~221,~~403~~123.9706 B-4 ~~125~~132,~~642~~673.3884 1,~~475~~342,~~446~~772.4258 0.~~65785911~~59870367 ~~125~~132,~~642~~673.3884 B-5 8388,~~761~~449.5922 ~~983~~895,~~630~~181.9472 0.~~65785911~~59870367 8388,~~761~~449.5922 B-6 8388,~~782~~471.9174 ~~983~~895,~~881~~409.3359 0.~~65785938~~59870391 8388,~~782~~471.9174 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 2829,~~472~~204,~~703~~222.6906 ~~163~~134,~~252~~048,~~902~~680.8478 0.~~21837086~~17930662 2829,~~472~~204,~~703~~222.6906

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 ~~283~~266.~~47227384~~26647919 0.~~24492400~~22897472 1643.~~96087066~~71333801 0.00000000 II-A 187,728,800.00 ~~264~~227.~~24460014~~38640075 0.~~22486694~~19777599 3628.~~63333239~~32789615 0.00000000 II-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A 45,480,600.00 ~~413~~367.~~53168868~~03200134 0.~~12989670~~11909627 46100.~~36979064~~58036218 0.00000000 IV-A 275,388,100.00 7458.~~81505149~~65711209 0.~~09152240~~07225319 1613.~~06641703~~63276721 0.00000000 V-A 32,683,300.00 ~~545~~508.~~35681709~~85369286 0.~~31741409~~29216664 3661.~~18571044~~62999391 0.00000000 VI-A 41,117,300.00 ~~434~~340.~~21994611~~79895616 0.~~18159364~~13948435 93131.~~23939631~~11326619 0.00000000 VII-A 62,630,800.00 ~~426~~311.~~21004761~~66234009 0.~~02000358~~01242743 ~~114~~50.~~52770394~~59272978 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 11,587,500.00 ~~713~~657.~~87943387~~85911197 0.~~59865890~~55689579 5558.~~42166300~~59855102 0.00000000 B-2 5,606,900.00 ~~713~~657.~~87943427~~85911110 0.~~59865880~~55689597 5558.~~42166259~~59855178 0.00000000 B-3 3,738,000.00 ~~713~~657.~~87943553~~85911182 0.~~59865971~~55689674 5558.~~42166399~~59855003 0.00000000 B-4 2,242,800.00 ~~713~~657.~~87943642~~85911361 0.~~59865793~~55689763 5558.~~42166488~~59855092 0.00000000 B-5 1,495,200.00 ~~713~~657.~~87943419~~85910915 0.~~59866239~~55689540 5558.~~42166265~~59854869 0.00000000 B-6 1,495,580.00 ~~713~~657.~~87972559~~85937897 0.~~59865738~~55689432 5558.~~42168256~~59857714 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 1743.~~20579466~~94231286 ~~266~~222.~~26647919~~32416646 0.~~26626648~~22232417 1743.~~20579466~~94231286 II-A 0.00000000 3628.~~85819933~~52567214 ~~227~~198.~~38640075~~86072867 0.~~22738640~~19886073 3628.~~85819933~~52567214 II-X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A 0.00000000 46100.~~49968756~~69945845 ~~367~~266.~~03200134~~33254289 0.~~36703200~~26633254 46100.~~49968756~~69945845 IV-A 0.00000000 1613.~~15793943~~70502041 5844.~~65711209~~95209165 0.~~05865711~~04495209 1613.~~15793943~~70502041 V-A 0.00000000 3661.~~50312423~~92216055 ~~508~~446.~~85369286~~93153231 0.~~50885369~~44693153 3661.~~50312423~~92216055 VI-A 0.00000000 93131.~~42098995~~25275055 ~~340~~209.~~79895616~~54620537 0.~~34079896~~20954621 93131.~~42098995~~25275055 VII-A 0.00000000 ~~114~~50.~~54770752~~60515721 ~~311~~261.~~66234009~~05718289 0.~~31166234~~26105718 ~~114~~50.~~54770752~~60515721 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 5659.~~02032276~~15544682 ~~657~~598.~~85911197~~70366516 0.~~65785911~~59870367 5659.~~02032276~~15544682 B-2 0.00000000 5659.~~02032317~~15544597 ~~657~~598.~~85911110~~70366513 0.~~65785911~~59870367 5659.~~02032317~~15544597 B-3 0.00000000 5659.~~02032370~~15544676 ~~657~~598.~~85911182~~70366506 0.~~65785911~~59870367 5659.~~02032370~~15544676 B-4 0.00000000 5659.~~02032281~~15544855 ~~657~~598.~~85911361~~70366506 0.~~65785911~~59870367 5659.~~02032281~~15544855 B-5 0.00000000 5659.~~02032504~~15544409 ~~657~~598.~~85910915~~70366506 0.~~65785911~~59870367 5659.~~02032504~~15544409 B-6 0.00000000 5659.~~02034662~~15547146 ~~657~~598.~~85937897~~70390751 0.~~65785938~~59870391 5659.~~02034662~~15547146 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 76,399,700.00 5.~~36342~~35983% 2120,~~657~~342,~~196~~679.6813 9690,~~797~~861.2015 0.00 0.00 II-A 187,728,800.00 5.~~20915~~19277% 4942,~~606~~686,~~321~~976.6915 ~~215~~184,~~338~~719.9458 0.00 0.00 II-X 0.00 0.64500% 4942,~~606~~686,~~321~~976.6915 2622,~~663~~944.4025 0.00 0.00 III-A 45,480,600.00 6.~~15588~~16365% 1816,~~807~~692,~~669~~835.3264 9685,~~481~~740.4761 0.00 0.00 IV-A 275,388,100.00 5.~~12474~~12919% 2016,~~603~~153,~~174~~470.8865 8769,~~988~~045.2216 0.00 0.00 V-A 32,683,300.00 5.~~44082~~45228% 1716,~~824~~631,~~060~~017.4690 8075,~~814~~564.6209 0.00 0.00 VI-A 41,117,300.00 5.~~88420~~87808% 1714,~~853~~012,~~951~~732.7992 8768,~~546~~639.9199 0.00 0.00 VII-A 62,630,800.00 6.~~41524~~42405% 2619,~~693~~519,~~876~~661.2569 ~~142~~104,~~706~~496.2806 0.00 0.00 X 0.00 0.20650% 3629,~~033~~749,~~218~~866.4980 65,~~200~~119.7246 0.00 0.00 B-1 11,587,500.00 5.~~58783~~58451% 87,~~272~~622,~~077~~942.9446 3835,~~519~~475.1735 0.00 0.00 B-2 5,606,900.00 5.~~58783~~58451% 43,~~002~~688,~~650~~550.6025 1817,~~638~~165.4663 0.00 0.00 B-3 3,738,000.00 5.~~58783~~58451% 2,~~668~~459,~~481~~077.3336 1211,~~425~~443.8696 0.00 0.00 B-4 2,242,800.00 5.~~58783~~58451% 1,~~601~~475,~~088~~446.8042 76,~~455~~866.5237 0.00 0.00 B-5 1,495,200.00 5.~~58783~~58451% 1983,~~067,392~~630.5394 4,~~970~~577.3458 0.00 0.00 B-6 1,495,580.00 5.~~58783~~58451% 1983,~~067,664~~881.2433 4,~~971~~578.6175 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 ~~927~~787,~~518~~237.7299 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 ~~791~~1,065.2500 0.00 9689,~~005~~796.9415 0.00 2016,~~342~~985,~~679~~499.1362 II-A 12,~~760~~165.2512 0.00 ~~213~~182,~~578~~554.6945 0.00 4237,~~686~~331,~~976~~885.1596 II-X ~~217~~268.9693 0.00 2622,~~445~~675.4432 0.00 4237,~~686~~331,~~976~~885.1596 III-A ~~788~~1,004.6798 0.00 9584,~~692~~735.8064 0.00 1612,~~692~~112,~~835~~963.6485 IV-A ~~719~~809.2429 0.00 8768,~~268~~235.9888 0.00 1612,~~153~~379,~~470~~271.6511 V-A ~~660~~885.6070 0.00 8074,~~154~~678.0239 0.00 1614,~~631~~607,~~017~~197.9035 VI-A ~~715~~804.6454 0.00 8667,~~831~~835.2845 0.00 148,~~012~~615,~~732~~974.9219 VII-A 1,~~166~~224.5381 0.00 ~~141~~103,~~539~~271.7525 0.00 1916,~~519~~350,~~661~~220.6921 X 5060.6901 0.00 65,~~150~~059.0345 0.52 2924,~~749~~055,~~866~~589.8069 B-1 ~~314~~415.8781 0.00 3835,~~204~~059.3054 0.00 76,~~622~~937,~~942~~478.4672 B-2 ~~152~~201.3620 0.00 1816,~~486~~964.1043 0.00 3,~~688~~356,~~550~~871.2558 B-3 ~~101~~134.5714 0.00 1211,~~324~~309.2982 0.00 2,~~459~~237,~~077~~954.3630 B-4 6080.9448 0.00 76,~~394~~785.5789 0.00 1,~~475~~342,~~446~~772.4258 B-5 4053.6365 0.00 4,~~929~~523.7193 0.00 ~~983~~895,~~630~~181.9472 B-6 4053.6467 0.00 4,~~930~~525.9708 0.00 ~~983~~895,~~881~~409.3359 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 0.01 0.00 0.00 Totals 79,~~581~~227.8433 0.00 ~~919~~778,~~936~~010.8868 0.52 (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 76,399,700.00 5.~~36342~~35983% ~~283~~266.~~47227384~~26647919 1.~~26698403~~18928674 0.00000000 0.00000000 II-A 187,728,800.00 5.~~20915~~19277% ~~264~~227.~~24460014~~38640075 10.~~14707461~~98397039 0.00000000 0.00000000 II-X 0.00 0.64500% ~~264~~227.~~24460014~~38640075 0.~~14203148~~12222019 0.00000000 0.00000000 III-A 45,480,600.00 6.~~15588~~16365% ~~413~~367.~~53168868~~03200134 21.~~12137637~~88521282 0.00000000 0.00000000 IV-A 275,388,100.00 5.~~12474~~12919% 7458.~~81505149~~65711209 0.~~31950625~~25071948 0.00000000 0.00000000 V-A 32,683,300.00 5.~~44082~~45228% ~~545~~508.~~35681709~~85369286 2.~~47265790~~31200919 0.00000000 0.00000000 VI-A 41,117,300.00 5.~~88420~~87808% ~~434~~340.~~21994611~~79895616 21.~~12919890~~66937007 0.00000000 0.00000000 VII-A 62,630,800.00 6.~~41524~~42405% ~~426~~311.~~21004761~~66234009 21.~~27853197~~66844524 0.00000000 0.00000000 X 0.00 0.20650% ~~251~~208.~~93981462~~00739541 0.~~04335467~~03579463 0.00000000 0.00000000 B-1 11,587,500.00 5.~~58783~~58451% ~~713~~657.~~87943387~~85911197 3.~~32420022~~06151888 0.00000000 0.00000000 B-2 5,606,900.00 5.~~58783~~58451% ~~713~~657.~~87943427~~85911110 3.~~32420054~~06151884 0.00000000 0.00000000 B-3 3,738,000.00 5.~~58783~~58451% ~~713~~657.~~87943553~~85911182 3.~~32420011~~06151953 0.00000000 0.00000000 B-4 2,242,800.00 5.~~58783~~58451% ~~713~~657.~~87943642~~85911361 3.~~32420189~~06151685 0.00000000 0.00000000 B-5 1,495,200.00 5.~~58783~~58451% ~~713~~657.~~87943419~~85910915 3.~~32419743~~06151685 0.00000000 0.00000000 B-6 1,495,580.00 5.~~58783~~58451% ~~713~~657.~~87972559~~85937897 3.~~32420198~~06152128 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.~~01035672~~01393985 0.00000000 1.~~25662719~~17534689 0.00000000 ~~266~~222.~~26647919~~32416646 II-A 0.~~00937656~~01153323 0.00000000 10.~~13769805~~97243710 0.00000000 ~~227~~198.~~38640075~~86072867 II-X 0.~~00116104~~00143255 0.00000000 0.~~14087045~~12078765 0.00000000 ~~227~~198.~~38640075~~86072867 III-A 0.~~01734080~~02209689 0.00000000 21.~~10403557~~86311614 0.00000000 ~~367~~266.~~03200134~~33254289 IV-A 0.~~00261173~~00293873 0.00000000 0.~~31689452~~24778079 0.00000000 5844.~~65711209~~95209165 V-A 0.~~02021216~~02709947 0.00000000 2.~~45244574~~28490972 0.00000000 ~~508~~446.~~85369286~~93153231 VI-A 0.~~01740484~~01956695 0.00000000 21.~~11179431~~64980312 0.00000000 ~~340~~209.~~79895616~~54620537 VII-A 0.~~01862550~~01955603 0.00000000 21.~~25990647~~64888920 0.00000000 ~~311~~261.~~66234009~~05718289 X 0.~~00035442~~00041958 0.00000000 0.~~04300025~~03537505 0.00000364 ~~208~~168.~~00739541~~19371294 B-1 0.~~02717325~~03588436 0.00000000 3.~~29702697~~02563452 0.00000000 ~~657~~598.~~85911197~~70366516 B-2 0.~~02717366~~03588436 0.00000000 3.~~29702688~~02563449 0.00000000 ~~657~~598.~~85911110~~70366513 B-3 0.~~02717228~~03588550 0.00000000 3.~~29702782~~02563403 0.00000000 ~~657~~598.~~85911182~~70366506 B-4 0.~~02717139~~03588372 0.00000000 3.~~29702604~~02563314 0.00000000 ~~657~~598.~~85911361~~70366506 B-5 0.~~02717362~~03588149 0.00000000 3.~~29702381~~02563537 0.00000000 ~~657~~598.~~85910915~~70366506 B-6 0.~~02717340~~03588574 0.00000000 3.~~29702858~~02563554 0.00000000 ~~657~~598.~~85937897~~70390751 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 0.20000000 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 ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 2930,~~429~~027,~~287~~941.7811 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 1411,~~068~~459.6050 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 2930,~~443~~039,~~356~~400.3861 Withdrawals Reimbursement for Servicer Advances 014,068.0060 Payment of Service Fee 5043,~~715~~099.8127 Payment of Interest and Principal 29,~~392~~982,~~640~~232.5774 Total Withdrawals (Pool Distribution Amount) 2930,~~443~~039,~~356~~400.3861 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 79,~~581~~227.8130

SERVICING FEES Gross Servicing Fee 5043,~~715~~099.8127 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 5043,~~715~~099.8127

` 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 53 0 0 0 53 21,~~458~~065,~~254~~889.4060 0.00 0.00 0.00 21,~~458~~065,~~254~~889.4060 60 Days 01 0 0 0 01 0911,776.0055 0.00 0.00 0.00 0911,776.0055 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 54 0 0 0 54 21,~~458~~977,~~254~~666.4015 0.00 0.00 0.00 21,~~458~~977,~~254~~666.4015 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 10.~~199041~~854701% 0.000000% 0.000000% 0.000000% 10.~~199041~~854701% 10.~~273056~~673814% 0.000000% 0.000000% 0.000000% 10.~~273056~~673814% 60 Days 0.~~000000~~284900% 0.000000% 0.000000% 0.000000% 0.~~000000~~284900% 0.~~000000~~576390% 0.000000% 0.000000% 0.000000% 0.~~000000~~576390% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.~~199041~~139601% 0.000000% 0.000000% 0.000000% 1.~~199041~~139601% 1.~~273056~~250203% 0.000000% 0.000000% 0.000000% 1.~~273056~~250203%

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 01 0 0 0 01 0500,853.0038 0.00 0.00 0.00 0500,853.0038 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 0500,853.0038 0.00 0.00 0.00 0500,853.0038 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 02.~~000000~~040816% 0.000000% 0.000000% 0.000000% 02.~~000000~~040816% 02.~~000000~~675291% 0.000000% 0.000000% 0.000000% 02.~~000000~~675291% 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~~040816% 0.000000% 0.000000% 0.000000% 02.~~000000~~040816% 02.~~000000~~675291% 0.000000% 0.000000% 0.000000% 02.~~000000~~675291% 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 10 0 0 0 10 ~~307,238~~0.9900 0.00 0.00 0.00 ~~307,238~~0.9900 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 10 0 0 0 10 ~~307,238~~0.9900 0.00 0.00 0.00 ~~307,238~~0.9900 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~781250~~000000% 0.000000% 0.000000% 0.000000% 0.~~781250~~000000% 0.~~651646~~000000% 0.000000% 0.000000% 0.000000% 0.~~651646~~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.~~781250~~000000% 0.000000% 0.000000% 0.000000% 0.~~781250~~000000% 0.~~651646~~000000% 0.000000% 0.000000% 0.000000% 0.~~651646~~000000% 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 01 0 0 0 01 0247,786.0022 0.00 0.00 0.00 0247,786.0022 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 0247,786.0022 0.00 0.00 0.00 0247,786.0022 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 02.~~000000~~941176% 0.000000% 0.000000% 0.000000% 02.~~000000~~941176% 01.~~000000~~883649% 0.000000% 0.000000% 0.000000% 01.~~000000~~883649% 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~~941176% 0.000000% 0.000000% 0.000000% 02.~~000000~~941176% 01.~~000000~~883649% 0.000000% 0.000000% 0.000000% 01.~~000000~~883649% 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 20 0 0 0 20 ~~1,553,414~~0.6900 0.00 0.00 0.00 ~~1,553,414~~0.6900 60 Days 01 0 0 0 01 0911,776.0055 0.00 0.00 0.00 0911,776.0055 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 21 0 0 0 2 1 911,~~553,414~~776.6955 0.00 0.00 0.00 1911,~~553,414~~776.6955 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 30.~~921569~~000000% 0.000000% 0.000000% 0.000000% 30.~~921569~~000000% 60.~~914880~~000000% 0.000000% 0.000000% 0.000000% 60.~~914880~~000000% 60 Days 02.~~000000~~439024% 0.000000% 0.000000% 0.000000% 02.~~000000~~439024% 05.~~000000~~046667% 0.000000% 0.000000% 0.000000% 05.~~000000~~046667% 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 32.~~921569~~439024% 0.000000% 0.000000% 0.000000% 32.~~921569~~439024% 65.~~914880~~046667% 0.000000% 0.000000% 0.000000% 65.~~914880~~046667% 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 10 0 0 0 10 ~~433,853~~0.0900 0.00 0.00 0.00 ~~433,853~~0.0900 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 10 0 0 0 10 ~~433,853~~0.0900 0.00 0.00 0.00 ~~433,853~~0.0900 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 20.~~500000~~000000% 0.000000% 0.000000% 0.000000% 20.~~500000~~000000% 20.~~895475~~000000% 0.000000% 0.000000% 0.000000% 20.~~895475~~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 20.~~500000~~000000% 0.000000% 0.000000% 0.000000% 20.~~500000~~000000% 20.~~895475~~000000% 0.000000% 0.000000% 0.000000% 20.~~895475~~000000% 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 1 0 0 0 1 ~~163~~317,~~747~~250.6300 0.00 0.00 0.00 ~~163~~317,~~747~~250.6300 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 ~~163~~317,~~747~~250.6300 0.00 0.00 0.00 ~~163~~317,~~747~~250.6300 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 12.~~960784~~173913% 0.000000% 0.000000% 0.000000% 12.~~960784~~173913% 01.~~776932~~783780% 0.000000% 0.000000% 0.000000% 01.~~776932~~783780% 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 12.~~960784~~173913% 0.000000% 0.000000% 0.000000% 12.~~960784~~173913% 01.~~776932~~783780% 0.000000% 0.000000% 0.000000% 01.~~776932~~783780% 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 1411,~~068~~459.6050

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 671,195,030.00 89.78059944% ~~142~~117,~~910~~063,~~223~~181.7116 74.~~04568545~~04175789% 10.~~540097~~743226% 0.000000% Class 2A 483,466,230.00 64.66956101% ~~100~~79,~~223~~731,~~247~~295.5620 5150.~~92839862~~42956459% 2223.~~117287~~612193% ~~247~~238.~~985040~~303817% Class 3A 437,985,630.00 58.58597077% 8367,~~530~~618,~~411~~331.9235 4342.~~27938510~~76818782% 87.~~649014~~661377% 9677.~~975094~~321717% Class X 26,166,130.00 3.50004206% 1715,~~213~~665,~~528~~668.7649 89.~~91879883~~90844108% 0.000000% 0.000000% Class B-1 14,578,630.00 1.95007126% 98,~~590~~728,~~586~~189.3077 45.~~96914439~~52052752% 34.~~949654~~387914% 44.284601% Class B-2 8,971,730.00 1.20007935% 5,~~902~~371,~~036~~318.0519 3.~~05800588~~39732644% 12.~~911139~~123201% 21.428205% Class B-3 5,233,730.00 0.70007583% 3,~~442~~133,~~958~~363.6989 1.~~78389082~~98183381% 1.~~274115~~415493% 14.285725% Class B-4 2,990,930.00 0.40007371% 1,~~967~~790,~~512~~591.2731 1.~~01942178~~13253823% 0.~~764469~~849296% 8.571435% Class B-5 1,495,730.00 0.20007230% ~~983~~895,~~881~~409.3359 0.~~50977576~~56634118% 0.~~509646~~566197% 5.714290% Class B-6 150.00 0.00002006% 0.00 0.00000000% 0.~~509776~~566341% 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.~~157522~~166732% Weighted Average Net Coupon 4.~~890314~~898761% Weighted Average Pass-Through Rate 4.~~886847~~894674% Weighted Average Maturity(Stepdown Calculation ) ~~345~~344 Beginning Scheduled Collateral Loan Count ~~485~~417 Number Of Loans Paid In Full 6866 Ending Scheduled Collateral Loan Count ~~417~~351 Beginning Scheduled Collateral Balance ~~227~~193,~~758~~002,~~825~~769.0064 Ending Scheduled Collateral Balance ~~193~~158,~~002~~104,~~769~~270.6448 Ending Actual Collateral Balance at 3130-~~Aug~~Sep-2003 ~~193~~158,~~098~~187,~~652~~540.1871 Monthly P &I Constant 76,~~389~~635,~~040~~842.4411 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 2728,~~841~~358,~~214~~372.0468 Ending Scheduled Balance for Premium Loans ~~193~~158,~~002~~104,~~769~~270.6448 Scheduled Principal 65,~~410~~804,~~147~~847.9044 Unscheduled Principal 2829,~~345~~093,~~907~~651.4672

Miscellaneous Reporting Senior Percentage Group 1 91.~~831152~~582732% Senior Prepayment Percentage Group 1 95.~~915576~~791366% Subordinate Percentage Group 1 8.~~168848~~417268% Subordinate Prepayment Pct. Group 1 4.~~084424~~208634% Average Loss Severity Group 1 0 Senior Percentage Group 2 9190.~~267028~~600583% Senior Prepayment Percentage Group 2 95.~~633514~~300292% Subordinate Percentage Group 2 89.~~732972~~399417% Subordinate Prepayment Pct. Group 2 4.~~366486~~699708% Average Loss Severity Group 2 0 Senior Percentage Group 3 93.~~704293~~321101% Senior Prepayment Percentage Group 3 96.~~852147~~660550% Subordinate Percentage Group 3 6.~~295707~~678899% Subordinate Prepayment Pct. Group 3 3.~~147853~~33945% Average Loss Severity Group 3 0 Senior Percentage Group 4 7471.~~827616~~988546% Senior Prepayment Percentage Group 4 8785.~~413808~~994273% Subordinate Percentage Group 4 2528.~~172384~~011454% Subordinate Prepayment Pct. Group 4 1214.~~586190~~005727% Average Loss Severity Group 4 0 Senior Percentage Group 5 94.~~964041~~789927% Senior Prepayment Percentage Group 5 97.~~482021~~394964% Subordinate Percentage Group 5 5.~~035959~~210073% Subordinate Prepayment Pct. Group 5 2.~~517979~~605036% Average Loss Severity Group 5 0 Senior Percentage Group 6 9493.~~305440~~555295% Senior Prepayment Percentage Group 6 9796.~~152720~~777648% Subordinate Percentage Group 6 56.~~694560~~444705% Subordinate Prepayment Pct. Group 6 23.~~847280~~222352% Average Loss Severity Group 6 0 Senior Percentage Group 7 9392.~~721472~~618400% Senior Prepayment Percentage Group 7 96.~~860736~~309200% Subordinate Percentage Group 7 67.~~278528~~381600% Subordinate Prepayment Pct. Group 7 3.~~139264~~6908% 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.~~664229~~663736 6.~~131926~~115479 6.~~514286~~523412 Weighted Average Net Rate 5.~~375482~~372626 5.~~854149~~837766 6.~~155880~~163647 Weighted Average Maturity ~~344~~343 ~~344~~343 ~~344~~343 Beginning Loan Count 5955 ~~147~~128 5147 Loans Paid In Full 46 1914 413 Ending Loan Count 5549 ~~128~~114 4734 Beginning Scheduled Balance 2322,~~583~~212,~~714~~352.5246 5447,~~352~~115,~~949~~564.3074 2017,~~071~~887,~~299~~525.5438 Ending scheduled Balance 2218,~~212~~706,~~352~~834.4662 4741,~~115~~494,~~564~~368.7477 1713,~~887~~149,~~525~~226.3867 Record Date 0809/3130/2003 0809/3130/2003 0809/3130/2003 Principal And Interest Constant ~~131~~123,~~696~~938.2983 ~~323~~281,~~993~~092.5302 ~~115~~103,~~263~~043.1998 Scheduled Principal 2019,~~376~~101.6642 4640,~~253~~980.2914 65,~~304~~804.7123 Unscheduled Principal 13,~~350~~486,~~985~~416.4042 75,~~191~~580,~~131~~215.2783 24,~~177~~732,~~469~~494.4548 Scheduled Interest ~~111~~104,~~319~~837.6341 ~~277~~240,~~740~~111.2488 ~~108~~97,~~958~~239.4875 Servicing Fees 5,~~674~~388.7753 1210,~~581~~903.6985 5,~~994~~362.7276 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~~236.0679 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 ~~105~~99,~~407~~212.8009 ~~265~~229,~~158~~208.5503 ~~102~~91,~~963~~876.7699 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.~~363420~~359834 5.~~854149~~837766 6.~~155880~~163646

Group Level Collateral Statement Group GROUP 4 GROUP 5 GROUP 6 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~374738~~379189 5.~~836080~~848922 6.~~259204~~253082 Weighted Average Net Rate 5.~~124738~~129189 5.~~467738~~481045 5.~~884204~~878082 Weighted Average Maturity ~~346~~ 345 ~~345~~344 344 Beginning Loan Count 6151 4644 5140 Loans Paid In Full 10 25 1113 Ending Loan Count 5141 4439 4027 Beginning Scheduled Balance 2722,~~534~~438,~~185~~945.8648 1817,~~769~~545,~~273~~132.4216 1814,~~932~~978,~~048~~022.7221 Ending scheduled Balance 2218,~~438~~045,~~945~~547.4842 1715,~~545~~466,~~132~~910.1676 149,~~978~~401,~~022~~366.2144 Record Date 0809/3130/2003 0809/3130/2003 0809/3130/2003 Principal And Interest Constant ~~157~~128,~~007~~226.1815 ~~102~~95,~~206~~590.7658 ~~106~~84,~~667~~179.1430 Scheduled Principal 3327,~~682~~640.9905 10,~~924~~073.2882 76,~~917~~130.5130 Unscheduled Principal 54,~~061~~365,~~557~~758.3901 12,~~213~~068,~~216~~147.9858 35,~~946~~570,~~109~~525.0047 Scheduled Interest ~~123~~100,~~324~~586.1910 9185,~~282~~516.4876 9878,~~749~~049.6300 Servicing Fees 54,~~736~~674.2978 5,~~761~~378.2671 54,~~916~~680.2763 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 0.00 420.9862 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 ~~117~~95,~~587~~911.9032 8579,~~100~~717.2443 9273,~~833~~368.3637 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.~~124738~~129189 5.~~440822~~452276 5.~~884204~~878082

Group Level Collateral Statement Group GROUP 7 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.~~790237~~799050 5.~~157522~~166732 Weighted Average Net Rate 6.~~415236~~424050 4.~~890314~~898761 Weighted Average Maturity ~~344~~343.00 ~~345~~344.00 Record Date 0809/3130/2003 0809/3130/2003 Principal And Interest Constant ~~162~~120,~~503~~250.8072 1936,~~099,337~~321.8958 Beginning Loan Count 6951 ~~484~~416 Loans Paid In Full 185 6866 Ending Loan Count 5146 ~~416~~350 Beginning Scheduled Balance 2821,~~482~~075,~~135~~360.1541 ~~191~~163,~~725~~252,~~606~~902.5184 Ending Scheduled Balance 2117,~~075~~784,~~360~~426.4111 ~~163~~134,~~252~~048,~~902~~680.8479 Scheduled Principal ~~1,336~~840.7737 ~~126~~110,~~796~~570.2133 Unscheduled Principal 73,~~405~~290,~~437~~093.9793 2829,~~345~~093,~~907~~651.4672 Scheduled Interest ~~161~~119,~~167~~410.0335 ~~972~~825,~~541~~751.6825 Servicing Fee 86,~~900~~586.6705 5042,~~565~~975.6731 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~~657.0441 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 ~~152~~112,~~266~~824.3630 ~~921~~782,~~317~~118.9753 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.~~415237~~424050 4.~~886847~~894674

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