8-K 1 bst01010.txt OCTOBER 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): October 27, 2003 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2001-10 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-51279-20 90-0030632 Pooling and Servicing Agreement) (Commission Pending (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On October 27, 2003 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2001-10 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-10 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 2001-10 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 2001-10 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: 2001-10 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution I-A 07384MHG0 SEN 6.~~14379~~14545% 119,~~972~~763,~~705~~884.0530 6048,~~646~~904.0506 21,~~208~~383,~~820~~339.7567 R-1 BST0110R1 RES 6.~~19401~~19323% 0.00 0.00 0.00 R-2 BST0110R2 RES 6.~~19401~~19323% 0.00 0.00 0.00 II-A 07384MHK1 SEN 6.~~15050~~17865% 4236,~~113~~992,~~178~~381.5901 ~~213~~186,~~551~~283.3347 57,~~120~~963,~~797~~615.5889 III-A 07384MHL9 SEN 6.~~29307~~30490% 1511,~~486~~715,~~059~~913.9257 8060,~~348~~203.4668 31,~~770~~938,~~146~~787.3583 IV-A 07384MHM7 SEN 6.~~42867~~40654% 3,~~412~~139,~~285~~819.0238 1816,~~085~~394.9244 ~~272~~178,~~465~~959.6349 V-A 07384MHN5 SEN 6.~~06120~~06161% 5244,~~478~~964,~~910~~494.7029 ~~262~~222,~~251~~139.0367 78,~~514~~526,~~416~~405.4108 VI-A 07384MHP0 SEN 5.~~96938~~98801% 2923,~~234~~158,~~534~~725.1676 ~~143~~113,~~879~~022.7273 64,~~075~~607,~~808~~712.4056 B-1 07384MHQ8 SUB 6.~~09062~~10215% 7,~~680~~087,~~369~~638.5160 3835,~~567~~249.1752 ~~592~~627,~~730~~449.9136 B-2 0738AMHR6 SUB 6.~~09062~~10215% 5,~~585~~154,~~842~~756.6137 2825,~~049~~636.4556 ~~431~~456,~~086~~336.2456 B-3 07384MHS4 SUB 6.~~09062~~10215% 3,~~840~~543,~~127~~766.6863 1917,~~283~~624.3050 ~~296~~313,~~361~~720.0502 B-4 07384MHW5 SUB 6.~~09062~~10215% 1,~~745~~610,~~600~~884.7841 8,~~765~~011.5854 ~~134~~142,~~716~~607.3821 B-5 07384MHX3 SUB 6.~~09062~~10215% 1,~~396~~288,~~446~~675.3893 76,~~012~~409.2908 ~~107~~114,~~770~~082.4697 B-6 07384MHY1 SUB 6.~~09062~~10215% 1,~~366~~261,~~653~~182.5535 6,~~862~~272.6934 ~~105~~111,~~471~~649.2004 Totals ~~176~~149,~~312~~682,~~713~~122.9560 ~~887~~746,~~302~~151.9959 26,~~630~~364,~~591~~665.3668

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 98,~~763~~380,~~884~~544.3063 21,~~269~~432,~~466~~243.8073 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 II-A 0.00 3629,~~992~~028,~~381~~765.0112 58,~~334~~149,~~348~~899.9136 0.00 III-A 0.00 119,~~715~~777,~~913~~125.5774 31,~~850~~998,~~494~~991.8151 0.00 IV-A 0.00 32,~~139~~960,~~819~~859.3889 ~~290~~195,~~551~~353.5593 0.00 V-A 0.00 4436,~~964~~438,~~494~~089.2921 78,~~776~~748,~~667~~544.4475 0.00 VI-A 0.00 2318,~~158~~551,~~725~~013.7620 64,~~219~~720,~~688~~735.1229 0.00 B-1 0.00 76,~~087~~460,~~638~~189.6024 ~~631~~662,~~298~~698.0888 0.00 B-2 0.00 54,~~154~~698,~~756~~419.3782 ~~459~~481,~~135~~973.6912 0.00 B-3 0.00 3,~~543~~230,~~766~~046.6362 ~~315~~331,~~644~~344.3552 0.00 B-4 0.00 1,~~610~~468,~~884~~277.4119 ~~143~~150,~~481~~618.9675 0.00 B-5 0.00 1,~~288~~174,~~675~~592.9395 ~~114~~120,~~782~~492.7505 0.00 B-6 0.00 1,~~261~~149,~~182~~533.3531 ~~112~~117,~~333~~921.8938 34,310.97 Totals 0.00 ~~149~~123,~~682~~317,~~122~~456.6092 27,~~517~~110,~~894~~817.3527 34,310.97 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 80,805,000.00 119,~~972~~763,~~705~~884.0530 1512,~~282~~969.8056 21,~~193~~370,~~537~~370.9611 0.00 0.00 R-1 50.00 0.00 0.00 0.00 0.00 0.00 R-2 50.00 0.00 0.00 0.00 0.00 0.00 II-A 244,830,200.00 4236,~~113~~992,~~178~~381.5901 4540,~~486~~410.7006 57,~~075~~923,~~310~~205.8884 0.00 0.00 III-A 106,457,400.00 1511,~~486~~715,~~059~~913.9257 1712,~~466~~572.1822 31,~~752~~926,~~680~~215.1661 0.00 0.00 IV-A 21,648,300.00 3,~~412~~139,~~285~~819.0238 3,~~254~~534.4618 ~~269~~175,~~211~~425.1831 0.00 0.00 V-A 446,702,500.00 5244,~~478~~964,~~910~~494.7029 5043,~~295~~578.7536 78,~~464~~482,~~120~~826.6672 0.00 0.00 VI-A 285,068,900.00 2923,~~234~~158,~~534~~725.1676 3025,~~807~~021.2842 64,~~045~~582,~~001~~691.1214 0.00 0.00 B-1 13,457,800.00 7,~~680~~087,~~369~~638.5160 87,~~012~~491.7198 ~~584~~619,~~718~~957.2038 0.00 0.00 B-2 9,787,700.00 5,~~585~~154,~~842~~756.6137 5,~~827~~448.5583 ~~425~~450,~~258~~887.6973 0.00 0.00 B-3 6,728,800.00 3,~~840~~543,~~127~~766.6863 43,~~006~~745.3093 ~~292~~309,~~354~~974.7608 0.00 0.00 B-4 3,058,700.00 1,~~745~~610,~~600~~884.7841 1,~~821~~702.1478 ~~132~~140,~~895~~904.2443 0.00 0.00 B-5 2,446,900.00 1,~~396~~288,~~446~~675.3893 1,~~456~~362.8719 ~~106~~112,~~313~~720.5978 0.00 0.00 B-6 2,447,100.94 1,~~366~~261,~~653~~182.5535 1,~~425~~333.7913 ~~104~~110,~~045~~315.4191 0.00 0.00 Totals 1,223,439,400.94 ~~176~~149,~~312~~682,~~713~~122.9560 ~~185~~159,~~143~~170.5364 26,~~445~~205,~~447~~495.8504 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 21,~~208~~383,~~820~~339.7567 98,~~763~~380,~~884~~544.3063 0.~~12083267~~10371319 21,~~208~~383,~~820~~339.7567 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 II-A 57,~~120~~963,~~797~~615.5889 3629,~~992~~028,~~381~~765.0112 0.~~15109403~~11856693 57,~~120~~963,~~797~~615.5889 III-A 31,~~770~~938,~~146~~787.3583 119,~~715~~777,~~913~~125.5774 0.~~11005260~~09184073 31,~~770~~938,~~146~~787.3583 IV-A ~~272~~178,~~465~~959.6349 32,~~139~~960,~~819~~859.3889 0.~~14503769~~13677101 ~~272~~178,~~465~~959.6349 V-A 78,~~514~~526,~~416~~405.4108 4436,~~964~~438,~~494~~089.2921 0.~~10065870~~08157127 78,~~514~~526,~~416~~405.4108 VI-A 64,~~075~~607,~~808~~712.4056 2318,~~158~~551,~~725~~013.7620 0.~~08123905~~06507554 64,~~075~~607,~~808~~712.4056 B-1 ~~592~~627,~~730~~449.9136 76,~~087~~460,~~638~~189.6024 0.~~52665656~~48003308 ~~592~~627,~~730~~449.9136 B-2 ~~431~~456,~~086~~336.2456 54,~~154~~698,~~756~~419.3782 0.~~52665656~~48003308 ~~431~~456,~~086~~336.2456 B-3 ~~296~~313,~~361~~720.0502 3,~~543~~230,~~766~~046.6362 0.~~52665656~~48003308 ~~296~~313,~~361~~720.0502 B-4 ~~134~~142,~~716~~607.3821 1,~~610~~468,~~884~~277.4119 0.~~52665656~~48003308 ~~134~~142,~~716~~607.3821 B-5 ~~107~~114,~~770~~082.4697 1,~~288~~174,~~675~~592.9395 0.~~52665656~~48003308 ~~107~~114,~~770~~082.4697 B-6 ~~105~~111,~~471~~649.2004 1,~~261~~149,~~182~~533.3531 0.~~51537815~~46975312 ~~105~~111,~~471~~649.2004 Totals 26,~~630~~364,~~591~~665.3668 ~~149~~123,~~682~~317,~~122~~456.6092 0.~~12234535~~10079572 26,~~630~~364,~~591~~665.3668

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 80,805,000.00 ~~148~~120.~~16787389~~83267496 0.~~18913186~~16050442 2716.~~14606720~~95897667 0.00000000 R-1 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A 244,830,200.00 ~~172~~151.~~00973814~~09402766 0.~~18578876~~16505341 2032.~~72992172~~36204455 0.00000000 III-A 106,457,400.00 ~~145~~110.~~46720021~~05259916 0.~~16406732~~11809625 3518.~~25053364~~09376906 0.00000000 IV-A 21,648,300.00 ~~157~~145.~~62369424~~03768795 0.~~15033328~~16325439 128.~~43567301~~10342198 0.00000000 V-A 446,702,500.00 ~~117~~100.~~48067383~~65870303 0.~~11259339~~09755567 1618.~~70937740~~98987966 0.00000000 VI-A 285,068,900.00 ~~102~~81.~~55252032~~23904698 0.~~10806959~~08777324 2116.~~20540375~~07573166 0.00000000 B-1 13,457,800.00 ~~570~~526.~~70022663~~65655605 0.~~59539524~~55670169 4346.~~44827535~~06677020 0.00000000 B-2 9,787,700.00 ~~570~~526.~~70022682~~65655568 0.~~59539524~~55670178 4346.~~44827590~~06677054 0.00000000 B-3 6,728,800.00 ~~570~~526.~~70022589~~65655540 0.~~59539591~~55670105 4346.~~44827607~~06676971 0.00000000 B-4 3,058,700.00 ~~570~~526.~~70022559~~65655671 0.~~59539674~~55670056 4346.~~44827541~~06677020 0.00000000 B-5 2,446,900.00 ~~570~~526.~~70022477~~65655728 0.~~59539417~~55670031 4346.~~44827741~~06677020 0.00000000 B-6 2,447,100.94 ~~558~~515.~~47861756~~37814783 0.~~58264454~~54477933 4245.~~51782519~~08024503 0.00000000 2) All Senior Certificates are per $1,000 denomination, all Offered Private Classes are $25,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A 0.00000000 2717.~~33519894~~11948110 ~~120~~103.~~83267496~~71319386 0.~~12083267~~10371319 2717.~~33519894~~11948110 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A 0.00000000 2032.~~91571048~~52709792 ~~151~~118.~~09402766~~56692973 0.~~15109403~~11856693 2032.~~91571048~~52709792 III-A 0.00000000 3518.~~41460105~~21186531 ~~110~~91.~~05259916~~84073385 0.~~11005260~~09184073 3518.~~41460105~~21186531 IV-A 0.00000000 128.~~58600583~~26667637 ~~145~~136.~~03768795~~77101158 0.~~14503769~~13677101 128.~~58600583~~26667637 V-A 0.00000000 1619.~~82197080~~08743533 ~~100~~81.~~65870303~~57126770 0.~~10065870~~08157127 1619.~~82197080~~08743533 VI-A 0.00000000 2116.~~31347334~~16350489 8165.~~23904698~~07554209 0.~~08123905~~06507554 2116.~~31347334~~16350489 B-1 0.00000000 4446.~~04367059~~62347189 ~~526~~480.~~65655605~~03308416 0.~~52665656~~48003308 4446.~~04367059~~62347189 B-2 0.00000000 4446.~~04367114~~62347232 ~~526~~480.~~65655568~~03308438 0.~~52665656~~48003308 4446.~~04367114~~62347232 B-3 0.00000000 4446.~~04367049~~62347224 ~~526~~480.~~65655540~~03308465 0.~~52665656~~48003308 4446.~~04367049~~62347224 B-4 0.00000000 4446.~~04367215~~62347076 ~~526~~480.~~65655671~~03308268 0.~~52665656~~48003308 4446.~~04367215~~62347076 B-5 0.00000000 4446.~~04367158~~62347051 ~~526~~480.~~65655728~~03308268 0.~~52665656~~48003308 4446.~~04367158~~62347051 B-6 0.00000000 4345.~~10046973~~62502436 ~~515~~469.~~37814783~~75312347 0.~~51537815~~46975312 4345.~~10046973~~62502436 (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 80,805,000.00 6.~~14379~~14545% 119,~~972~~763,~~705~~884.0530 6150,~~298~~002.1387 0.00 0.00 R-1 50.00 6.~~19401~~19323% 0.00 0.00 0.00 0.00 R-2 50.00 6.~~19401~~19323% 0.00 0.00 0.00 0.00 II-A 244,830,200.00 6.~~15050~~17865% 4236,~~113~~992,~~178~~381.5901 ~~215~~190,~~847~~469.5104 0.00 0.00 III-A 106,457,400.00 6.~~29307~~30490% 1511,~~486~~715,~~059~~913.9257 8161,~~212~~556.39 0.00 0.00 IV-A 21,648,300.00 6.~~42867~~40654% 3,~~412~~139,~~285~~819.0238 1816,~~280~~762.3881 0.00 0.00 V-A 446,702,500.00 6.~~06120~~06161% 5244,~~478~~964,~~910~~494.7029 ~~265~~227,~~070~~130.8389 0.00 0.00 VI-A 285,068,900.00 5.~~96938~~98801% 2923,~~234~~158,~~534~~725.1676 ~~145~~115,~~426~~562.7621 0.00 0.00 B-1 13,457,800.00 6.~~09062~~10215% 7,~~680~~087,~~369~~638.5160 3836,~~981~~041.8654 0.00 0.00 B-2 9,787,700.00 6.~~09062~~10215% 5,~~585~~154,~~842~~756.6137 2826,~~351~~212.0559 0.00 0.00 B-3 6,728,800.00 6.~~09062~~10215% 3,~~840~~543,~~127~~766.6863 1918,~~490~~020.6450 0.00 0.00 B-4 3,058,700.00 6.~~09062~~10215% 1,~~745~~610,~~600~~884.7841 8,~~859~~191.8355 0.00 0.00 B-5 2,446,900.00 6.~~09062~~10215% 1,~~396~~288,~~446~~675.3893 76,~~087~~553.6908 0.00 0.00 B-6 2,447,100.94 6.~~09062~~10215% 1,~~366~~261,~~653~~182.5535 6,~~936~~413.4827 0.00 0.00 Totals 1,223,439,400.94 ~~896~~762,~~843~~916.5574 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 ~~652~~1,098.0982 0.00 6048,~~646~~904.0506 0.00 98,~~763~~380,~~884~~544.3063 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 II-A 24,~~296~~185.1757 0.00 ~~213~~186,~~551~~283.3347 0.00 3629,~~992~~028,~~381~~765.0112 III-A ~~863~~1,352.9371 0.00 8060,~~348~~203.4668 0.00 119,~~715~~777,~~913~~125.5774 IV-A ~~194~~368.4736 0.00 1816,~~085~~394.9244 0.00 32,~~139~~960,~~819~~859.3889 V-A 24,~~819~~991.8122 0.00 ~~262~~222,~~251~~139.0367 0.00 4436,~~964~~438,~~494~~089.2921 VI-A 12,~~547~~539.0449 0.00 ~~143~~113,~~879~~022.7273 0.00 2318,~~158~~551,~~725~~013.7620 B-1 ~~414~~792.6902 0.00 3835,~~567~~249.1752 0.00 76,~~087~~460,~~638~~189.6024 B-2 ~~301~~576.6002 0.00 2825,~~049~~636.4556 0.00 54,~~154~~698,~~756~~419.3782 B-3 ~~207~~396.3400 0.00 1917,~~283~~624.3050 0.00 3,~~543~~230,~~766~~046.6362 B-4 94180.2501 0.00 8,~~765~~011.5854 0.00 1,~~610~~468,~~884~~277.4119 B-5 75144.4000 0.00 76,~~012~~409.2908 0.00 1,~~288~~174,~~675~~592.9395 B-6 73140.7993 0.00 6,~~862~~272.6934 0.00 1,~~261~~149,~~182~~533.3531 Totals 916,~~540~~765.5815 0.00 ~~887~~746,~~302~~151.9959 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 80,805,000.00 6.~~14379~~14545% ~~148~~120.~~16787389~~83267496 0.~~75859328~~61880911 0.00000000 0.00000000 R-1 50.00 6.~~19401~~19323% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 6.~~19401~~19323% 0.00000000 0.00000000 0.00000000 0.00000000 II-A 244,830,200.00 6.~~15050~~17865% ~~172~~151.~~00973814~~09402766 0.~~88162126~~77796383 0.00000000 0.00000000 III-A 106,457,400.00 6.~~29307~~30490% ~~145~~110.~~46720021~~05259916 0.~~76286280~~57822556 0.00000000 0.00000000 IV-A 21,648,300.00 6.~~42867~~40654% ~~157~~145.~~62369424~~03768795 0.~~84442566~~77432454 0.00000000 0.00000000 V-A 446,702,500.00 6.~~06120~~06161% ~~117~~100.~~48067383~~65870303 0.~~59339455~~50846120 0.00000000 0.00000000 VI-A 285,068,900.00 5.~~96938~~98801% ~~102~~81.~~55252032~~23904698 0.~~51014600~~40538344 0.00000000 0.00000000 B-1 13,457,800.00 6.~~09062~~10215% ~~570~~526.~~70022663~~65655605 2.~~89659974~~67811529 0.00000000 0.00000000 B-2 9,787,700.00 6.~~09062~~10215% ~~570~~526.~~70022682~~65655568 2.~~89659981~~67811539 0.00000000 0.00000000 B-3 6,728,800.00 6.~~09062~~10215% ~~570~~526.~~70022589~~65655540 2.~~89659969~~67811497 0.00000000 0.00000000 B-4 3,058,700.00 6.~~09062~~10215% ~~570~~526.~~70022559~~65655671 2.~~89659986~~67811489 0.00000000 0.00000000 B-5 2,446,900.00 6.~~09062~~10215% ~~570~~526.~~70022477~~65655728 2.~~89659978~~67811517 0.00000000 0.00000000 B-6 2,447,100.94 6.~~09062~~10215% ~~558~~515.~~47861756~~37814783 2.~~83457044~~62076235 0.00000000 0.00000000 5) All Senior Classes are per $1,000 denomination, all Offered Subordinate Classes are $25,000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance I-A 0.~~00806992~~01359842 0.00000000 0.~~75052348~~60521082 0.00000000 ~~120~~103.~~83267496~~71319386 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A 0.~~00937862~~01709581 0.00000000 0.~~87224260~~76086802 0.00000000 ~~151~~118.~~09402766~~56692973 III-A 0.~~00811526~~01270658 0.00000000 0.~~75474753~~56551898 0.00000000 ~~110~~91.~~05259916~~84073385 IV-A 0.~~00898315~~01701565 0.00000000 0.~~83544297~~75730843 0.00000000 ~~145~~136.~~03768795~~77101158 V-A 0.~~00631250~~01117348 0.00000000 0.~~58708207~~49728773 0.00000000 ~~100~~81.~~65870303~~57126770 VI-A 0.~~00542690~~00890834 0.00000000 0.~~50471910~~39647513 0.00000000 8165.~~23904698~~07554209 B-1 0.~~03081410~~05885212 0.00000000 2.~~86578564~~61926318 0.00000000 ~~526~~480.~~65655605~~03308416 B-2 0.~~03081419~~05885142 0.00000000 2.~~86578563~~61926295 0.00000000 ~~526~~480.~~65655568~~03308438 B-3 0.~~03081382~~05885150 0.00000000 2.~~86578588~~61926346 0.00000000 ~~526~~480.~~65655540~~03308465 B-4 0.~~03081374~~05885180 0.00000000 2.~~86578612~~61926309 0.00000000 ~~526~~480.~~65655671~~03308268 B-5 0.~~03081450~~05884997 0.00000000 2.~~86578528~~61926519 0.00000000 ~~526~~480.~~65655728~~03308268 B-6 0.~~03015405~~05759060 0.00000000 2.~~80441640~~56317175 0.00000000 ~~515~~469.~~37814783~~75312347 (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 27,~~568~~148,~~256~~862.0177 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 2328,~~027~~489.9758 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 27,~~591~~177,~~283~~352.9835 Withdrawals Reimbursement for Servicer Advances 2223,~~213~~027.4697 Payment of Service Fee 5143,~~176~~507.1711 Payment of Interest and Principal 27,~~517~~110,~~894~~817.3527 Total Withdrawals (Pool Distribution Amount) 27,~~591~~177,~~283~~352.9835 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 916,~~540~~765.5815 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 916,~~540~~765.5815

SERVICING FEES Gross Servicing Fee 5143,~~176~~507.1711 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 5143,~~176~~507.1711

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 54 0 0 0 54 1,~~554~~979,~~746~~410.2104 0.00 0.00 0.00 1,~~554~~979,~~746~~410.2104 60 Days 13 0 0 0 13 ~~280~~884,~~588~~284.4241 0.00 0.00 0.00 ~~280~~884,~~588~~284.4241 90 Days 10 0 0 0 10 ~~491,859~~0.0800 0.00 0.00 0.00 ~~491,859~~0.0800 120 Days 0 0 01 0 01 0.00 0.00 0491,859.0008 0.00 0491,859.0008 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 1 2 3 0.00 0.00 389,481.71 995,467.71 1,384,949.42 Totals 7 0 12 2 1011 2,~~327~~863,~~193~~694.7145 0.00 ~~389~~881,~~481~~340.7179 995,467.71 34,~~712~~740,~~143~~502.1395 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 1.~~408451~~360544% 0.000000% 0.000000% 0.000000% 1.~~408451~~360544% 1.~~037698~~603433% 0.000000% 0.000000% 0.000000% 1.~~037698~~603433% 60 Days 01.~~281690~~020408% 0.000000% 0.000000% 0.000000% 01.~~281690~~020408% 0.~~187276~~716320% 0.000000% 0.000000% 0.000000% 0.~~187276~~716320% 90 Days 0.~~281690~~000000% 0.000000% 0.000000% 0.000000% 0.~~281690~~000000% 0.~~328286~~000000% 0.000000% 0.000000% 0.000000% 0.~~328286~~000000% 120 Days 0.000000% 0.000000% 0.~~000000~~340136% 0.000000% 0.~~000000~~340136% 0.000000% 0.000000% 0.~~000000~~398434% 0.000000% 0.~~000000~~398434% 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.~~281690~~340136% 0.~~563380~~680272% 01.~~845070~~020408% 0.000000% 0.000000% 0.~~259955~~315502% 0.~~664414~~806385% 01.~~924369~~121887% Totals 12.~~971831~~380952% 0.000000% 0.~~281690~~680272% 0.~~563380~~680272% 23.~~816901~~741497% 12.~~553260~~319754% 0.000000% 0.~~259955~~713936% 0.~~664414~~806385% 23.~~477629~~840074%

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 10 0 0 0 10 ~~301,946~~0.5200 0.00 0.00 0.00 ~~301,946~~0.5200 60 Days 1 0 0 0 1 280,~~588~~337.4253 0.00 0.00 0.00 280,~~588~~337.4253 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 1 1 0.00 0.00 0.00 606,934.68 606,934.68 Totals 21 0 0 1 32 ~~582~~280,~~534~~337.9453 0.00 0.00 606,934.68 1887,~~189,469~~272.6221 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 30.~~703704~~000000% 0.000000% 0.000000% 0.000000% 30.~~703704~~000000% 20.~~718341~~000000% 0.000000% 0.000000% 0.000000% 20.~~718341~~000000% 60 Days 34.~~703704~~347826% 0.000000% 0.000000% 0.000000% 34.~~703704~~347826% 2.~~526060~~909734% 0.000000% 0.000000% 0.000000% 2.~~526060~~909734% 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% 34.~~703704~~347826% 34.~~703704~~347826% 0.000000% 0.000000% 0.000000% 56.~~464066~~299614% 56.~~464066~~299614% Totals 74.~~407407~~347826% 0.000000% 0.000000% 34.~~703704~~347826% 118.~~111111~~695652% 52.~~244402~~909734% 0.000000% 0.000000% 56.~~464066~~299614% 109.~~708467~~209347% 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 12 0 0 0 12 ~~294~~1,~~548~~028,862.4491 0.00 0.00 0.00 ~~294~~1,~~548~~028,862.4491 60 Days 01 0 0 0 01 0294,548.0044 0.00 0.00 0.00 0294,548.0044 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 1 1 0.00 0.00 0.00 388,533.03 388,533.03 Totals 13 0 0 1 24 ~~294~~1,~~548~~323,411.4435 0.00 0.00 388,533.03 ~~683~~1,~~081~~711,944.4738 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 02.~~980392~~439024% 0.000000% 0.000000% 0.000000% 02.~~980392~~439024% 03.~~711615~~119621% 0.000000% 0.000000% 0.000000% 03.~~711615~~119621% 60 Days 01.~~000000~~219512% 0.000000% 0.000000% 0.000000% 01.~~000000~~219512% 0.~~000000~~893102% 0.000000% 0.000000% 0.000000% 0.~~000000~~893102% 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% 01.~~980392~~219512% 01.~~980392~~219512% 0.000000% 0.000000% 0.000000% 01.~~938677~~178073% 01.~~938677~~178073% Totals 03.~~980392~~658537% 0.000000% 0.000000% 01.~~980392~~219512% 14.~~960784~~878049% 04.~~711615~~012723% 0.000000% 0.000000% 01.~~938677~~178073% 15.~~650292~~190797% 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 10 0 0 0 10 ~~330,803~~0.4700 0.00 0.00 0.00 ~~330,803~~0.4700 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 ~~330,803~~0.4700 0.00 0.00 0.00 ~~330,803~~0.4700 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 30.~~125000~~000000% 0.000000% 0.000000% 0.000000% 30.~~125000~~000000% 20.~~464227~~000000% 0.000000% 0.000000% 0.000000% 20.~~464227~~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 30.~~125000~~000000% 0.000000% 0.000000% 0.000000% 30.~~125000~~000000% 20.~~464227~~000000% 0.000000% 0.000000% 0.000000% 20.~~464227~~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 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 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 21 0 0 0 21 ~~627~~604,~~447~~000.7800 0.00 0.00 0.00 ~~627~~604,~~447~~000.7800 60 Days 01 0 0 0 01 0309,398.0044 0.00 0.00 0.00 0309,398.0044 90 Days 10 0 0 0 10 ~~491,859~~0.0800 0.00 0.00 0.00 ~~491,859~~0.0800 120 Days 0 0 01 0 01 0.00 0.00 0491,859.0008 0.00 0491,859.0008 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 1 0 1 0.00 0.00 389,481.71 0.00 389,481.71 Totals 32 0 12 0 4 1913,~~119,306~~398.8644 0.00 ~~389~~881,~~481~~340.7179 0.00 1,~~508~~794,~~788~~739.5723 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~652893~~990099% 0.000000% 0.000000% 0.000000% 10.~~652893~~990099% 1.~~191809~~390316% 0.000000% 0.000000% 0.000000% 1.~~191809~~390316% 60 Days 0.~~000000~~990099% 0.000000% 0.000000% 0.000000% 0.~~000000~~990099% 0.~~000000~~712188% 0.000000% 0.000000% 0.000000% 0.~~000000~~712188% 90 Days 0.~~826446~~000000% 0.000000% 0.000000% 0.000000% 0.~~826446~~000000% 0.~~934265~~000000% 0.000000% 0.000000% 0.000000% 0.~~934265~~000000% 120 Days 0.000000% 0.000000% 0.~~000000~~990099% 0.000000% 0.~~000000~~990099% 0.000000% 0.000000% 01.~~000000~~132185% 0.000000% 01.~~000000~~132185% 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.~~826446~~990099% 0.000000% 0.~~826446~~990099% 0.000000% 0.000000% 0.~~739803~~896528% 0.000000% 0.~~739803~~896528% Totals 21.~~479339~~980198% 0.000000% 01.~~826446~~980198% 0.000000% 3.~~305785~~960396% 2.~~126074~~102504% 0.000000% 02.~~739803~~028712% 0.000000% 24.~~865877~~131216% 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 0346,547.0013 0.00 0.00 0.00 0346,547.0013 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 0346,547.0013 0.00 0.00 0.00 0346,547.0013 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~000000~~886792% 0.000000% 0.000000% 0.000000% 01.~~000000~~886792% 01.~~000000~~522880% 0.000000% 0.000000% 0.000000% 01.~~000000~~522880% 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~~886792% 0.000000% 0.000000% 0.000000% 01.~~000000~~886792% 01.~~000000~~522880% 0.000000% 0.000000% 0.000000% 01.~~000000~~522880%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 2328,~~027~~489.9758

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 1,142,634,400.94 93.39525930% ~~139~~114,~~918~~936,~~238~~912.3029 93.~~47692020~~20408899% 6.~~523080~~795911% 0.000000% Class R-I 1,142,634,350.94 93.39525522% ~~139~~114,~~918~~936,~~238~~912.3029 93.~~47692020~~20408899% 0.000000% 0.000000% Class R-II 1,142,634,300.94 93.39525113% ~~139~~114,~~918~~936,~~238~~912.3029 93.~~47692020~~20408899% 0.000000% 0.000000% Class 2A 897,804,100.94 73.38361837% ~~102~~85,~~925~~908,~~857~~147.2917 6869.~~76295947~~66422218% 2423.~~713961~~539867% ~~185~~159.~~454246~~664874% Class 3A 791,346,700.94 64.68213304% 9176,~~209~~131,~~943~~021.7243 6061.~~93576316~~73580232% 7.~~827196~~928420% 5853.~~735498~~776437% Class B-1 24,469,200.94 2.00003375% 1211,~~859~~720,~~265~~869.6989 89.~~59104980~~50463153% 45.~~735127~~238666% 35.532524% Class B-2 14,681,500.94 1.20001865% 7,~~704~~022,~~509~~450.3207 5.~~14724750~~69461149% 3.~~443802~~810020% 25.842388% Class B-3 7,952,700.94 0.65002819% 43,~~160~~792,~~742~~403.6945 23.~~77971919~~07531759% 2.~~367528~~619294% 17.765998% Class B-4 4,894,000.94 0.40001989% 2,~~549~~324,~~858~~126.2826 1.~~70351558~~88466931% 1.~~076204~~190648% 8.075862% Class B-5 2,447,100.94 0.20001816% 1,~~261~~149,~~182~~533.3531 0.~~84257380~~93217403% 0.~~860942~~952495% 6.460531% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~842574~~932174% 6.322697% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.~~452306~~465092% Weighted Average Net Coupon 6.~~103997~~116295% Weighted Average Pass-Through Rate 6.~~103997~~116295% Weighted Average Maturity(Stepdown Calculation ) ~~338~~337 Beginning Scheduled Collateral Loan Count ~~420~~355 Number Of Loans Paid In Full 6561 Ending Scheduled Collateral Loan Count ~~355~~294 Beginning Scheduled Collateral Balance ~~176~~149,~~312~~682,~~713~~122.9660 Ending Scheduled Collateral Balance ~~149~~123,~~682~~317,~~122~~456.6092 Ending Actual Collateral Balance at 3130-~~Aug~~Sep-2003 ~~149~~123,~~826~~448,~~420~~218.9966 Monthly P &I Constant 1965,~~133,163~~594.2449 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 34,310.97 Class A Optimal Amount 25,~~749~~260,~~591~~304.1373 Ending Scheduled Balance for Premium Loans ~~149~~123,~~682~~317,~~122~~456.6092 Scheduled Principal ~~185~~159,~~143~~170.5364 Unscheduled Principal 26,~~445~~205,~~447~~495.8304

Miscellaneous Reporting Average Loss Severity 0.00 Senior Percentage 8786.~~740509~~673823% Senior Percentage Group 1 8988.~~182407~~051289% Senior Percentage Group 2 9089.~~097357~~457998% Senior Percentage Group 3 8887.~~980033~~348539% Senior Percentage Group 4 90.~~895253~~525058% Senior Percentage Group 5 8685.~~512146~~485928% Senior Percentage Group 6 8583.~~164608~~420019% Senior Prepayment Percentage Group 1 94.~~591204~~025644% Senior Prepayment Percentage Group 2 9594.~~048679~~728999% Senior Prepayment Percentage Group 3 9493.~~490017~~674270% Senior Prepayment Percentage Group 4 95.~~447626~~262529% Senior Prepayment Percentage Group 5 9392.~~256073~~742964% Senior Prepayment Percentage Group 6 9291.~~582304~~710010% Subordinate Percentage 1213.~~259491~~326177%

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 6.~~496938~~506258 6.~~439889~~471084 6.~~634010~~640206 Weighted Average Net Rate 6.~~143788~~145449 6.~~150497~~178647 6.~~293071~~304900 Weighted Average Maturity 335 336 337 ~~338~~ Beginning Loan Count 3327 ~~115~~102 4132 Loans Paid In Full 64 1320 96 Ending Loan Count 2723 ~~102~~82 3226 Beginning Scheduled Balance 1311,~~424~~088,~~962~~860.8316 4641,~~741~~351,~~857~~675.8729 1713,~~403~~412,~~971~~832.8583 Ending scheduled Balance 119,~~088~~616,~~860~~687.1668 4132,~~351~~942,~~675~~426.2982 1311,~~412~~342,~~832~~148.8363 Record Date 0809/3130/2003 0809/3130/2003 0809/3130/2003 Principal And Interest Constant 8974,~~820~~852.8504 ~~301~~268,~~329~~163.8189 ~~115~~88,~~844~~613.4315 Scheduled Principal 1714,~~136~~729.5655 5045,~~486~~172.1710 1914,~~629~~393.3317 Unscheduled Principal 21,~~318~~457,~~966~~442.1193 58,~~339~~364,~~696~~076.4137 32,~~971~~056,~~509~~291.6903 Scheduled Interest 7260,~~684~~122.2949 ~~250~~222,~~843~~991.6479 9674,~~215~~219.1098 Servicing Fees 3,~~950~~334.8514 1110,~~272~~077.2430 43,~~944~~747.7484 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 6856,~~733~~788.4435 ~~239~~212,~~571~~914.4049 9170,~~270~~472.3614 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 34,310.97 0.00 0.00 Percentage of Cumulative Losses 34,310.97 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.~~143788~~145448 6.~~150498~~178647 6.~~293071~~304900

Group Level Collateral Statement Group Group 4 Group 5 Group 6 Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 6.~~852094~~833899 6.~~436197~~436606 6.~~344382~~363009 Weighted Average Net Rate 6.~~428671~~406536 6.~~061197~~061607 5.~~969382~~988009 Weighted Average Maturity ~~339~~338 ~~339~~338 ~~339~~338 Beginning Loan Count 1110 ~~142~~121 7863 Loans Paid In Full 1 2120 1510 Ending Loan Count 109 ~~121~~101 6353 Beginning Scheduled Balance 3,~~754~~468,~~084~~453.9732 6052,~~660~~598,~~743~~708.5261 3427,~~327~~761,~~092~~592.9239 Ending scheduled Balance 3,~~468~~280,~~453~~399.3290 5243,~~598~~401,~~708~~132.6171 2722,~~761~~734,~~592~~661.3918 Record Date 0809/3130/2003 0809/3130/2003 0809/3130/2003 Principal And Interest Constant 2523,~~016~~656.5764 ~~383~~333,~~490~~108.9422 ~~217~~177,~~660~~200.6455 Scheduled Principal 3,~~580~~904.4509 5850,~~137~~977.2123 3629,~~173~~994.8150 Unscheduled Principal ~~282~~184,~~051~~149.2033 89,~~003~~146,~~897~~598.7067 64,~~529~~996,~~326~~936.7271 Scheduled Interest 2119,~~436~~752.1255 ~~325~~282,~~353~~130.7399 ~~181~~147,~~486~~206.8305 Servicing Fees 1,~~324~~235.6424 1816,~~956~~437.4809 108,~~727~~675.2250 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 2018,~~111~~517.4831 ~~306~~265,~~397~~693.2590 ~~170~~138,~~759~~530.6155 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 6.~~428671~~406538 6.~~061197~~061606 5.~~969382~~988009

Group Level Collateral Statement Group Total Collateral Description Mixed Fixed Weighted Average Coupon Rate 6.~~452306~~465092 Weighted Average Net Rate 6.~~103997~~116295 Weighted Average Maturity ~~338~~337.00 Record Date 0809/3130/2003 Principal And Interest Constant 1965,~~133,163~~594.2449 Beginning Loan Count ~~420~~355 Loans Paid In Full 6561 Ending Loan Count ~~355~~294 Beginning Scheduled Balance ~~176~~149,~~312~~682,~~713~~122.9660 Ending Scheduled Balance ~~149~~123,~~682~~317,~~122~~456.6092 Scheduled Principal ~~185~~159,~~143~~170.5364 Unscheduled Principal 26,~~445~~205,~~447~~495.8304 Scheduled Interest ~~948~~806,~~019~~423.7185 Servicing Fee 5143,~~176~~507.1711 Master Servicing Fee 0.00 Trustee Fee 0.00 Fry Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest ~~896~~762,~~843~~916.5474 Realized Loss Amount 0.00 Cumulative Realized Loss 34,310.97 Percentage of Cumulative Losses 0.00 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 6.~~103997~~116295

Filing Compare · BEAR STEARNS ARM TRUST MORTGAGE PASS THR CERT SER 2001-10