8-K 1 sai03bc7.txt NOVEMBER 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): November 25, 2003 STRUCTURED ASSET INVESTMENT LOAN TRUST Mortgage Pass-Through Certificates, Series 2003-BC7 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-102489-18 54-2121805 Pooling and Servicing Agreement) (Commission 54-2121806 (State or other File Number) 54-2121807 jurisdiction 54-2121808 of Incorporation) IRS EIN 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 November 25, 2003 a distribution was made to holders of STRUCTURED ASSET INVESTMENT LOAN TRUST, Mortgage Pass-Through Certificates, Series 2003-BC7 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 2003-BC7 Trust, relating to the November 25, 2003 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. STRUCTURED ASSET INVESTMENT LOAN TRUST Mortgage Pass-Through Certificates, Series 2003-BC7 Trust By: Wells Fargo Bank Minnesota, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 11/24/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2003-BC7 Trust, relating to the November 25, 2003 distribution. EX-99.1

Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates Record Date: 910/3031/03 Distribution Date: 1011/2725/03 SAIL Series: 2003-BC7 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 1A1 86358ECS3 SEN 1.25000% ~~252~~246,~~074~~864,~~243~~720.0736 ~~280~~248,~~082~~579.4906 510,~~209~~904,~~522~~293.7151 1A2 86358ECT1 SEN 1.91000% 194,269,000.00 309,211.49 0.00 2A 86358ECU8 SEN 1.84000% ~~196~~191,~~044~~771,~~883~~058.1875 ~~300~~294,~~602~~048.1596 46,~~273~~473,~~824~~972.4329 3A1 86358ECV6 SEN 1.25000% 9992,~~905~~972,~~232~~264.0633 ~~111~~93,~~005~~617.8191 68,~~932~~416,~~967~~562.7394 3A2 86358ECW4 SEN 2.12200% 84,900,000.00 150,131.50 0.00 AIO 86358ECX2 IO 6.00000% 0.00 1,662,225.00 0.00 M1 86358ECY0 MEZ 1.87000% 57,926,000.00 9687,~~285~~259.8808 0.00 M2 86358ECZ7 MEZ 2.87000% 45,333,000.00 ~~115~~104,~~649~~807.5238 0.00 M3 86358EDA1 MEZ 3.27000% 12,593,000.00 3633,~~603~~172.6506 0.00 M4 86358EDB9 MEZ 4.12000% 12,593,000.00 4641,~~118~~794.3677 0.00 M5 86358EDC7 MEZ 4.12000% 7,556,000.00 2725,~~671~~077.7552 0.00 B 86358EDD5 SEN 4.12000% 8,563,000.00 3128,~~359~~419.6165 0.00 X SAI03BC7X SEN 0.00000% 6,547,363.15 2,~~503~~450,~~731~~776.6579 0.00 P SAI03BC7P SEN 0.00000% 100.00 ~~367~~416,~~718~~165.8708 0.00 R1 SAI03B7R1 SEN 0.00000% 0.00 0.00 0.00 R2 SAI03B7R2 SEN 0.00000% 0.00 0.00 0.00 R3 SAI03B7R3 SEN 0.00000% 0.00 0.00 0.00 R4 SEN 0.00000% 0.00 0.00 0.00 Totals ~~978~~961,~~304~~888,~~821~~506.4659 65,~~038~~945,~~397~~286.7325 1625,~~416~~794,~~314~~828.8774

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1A1 0.00 ~~246~~235,~~864~~960,~~720~~426.3685 511,~~489~~152,~~605~~872.2057 0.00 1A2 0.00 194,269,000.00 309,211.49 0.00 2A 0.00 ~~191~~185,~~771~~297,~~058~~086.7546 46,~~574~~768,~~426~~021.5825 0.00 3A1 0.00 9284,~~972~~555,~~264~~701.3339 78,~~043~~510,~~973~~180.5485 0.00 3A2 0.00 84,900,000.00 150,131.50 0.00 AIO 0.00 0.00 1,662,225.00 0.00 M1 0.00 57,926,000.00 9687,~~285~~259.8808 0.00 M2 0.00 45,333,000.00 ~~115~~104,~~649~~807.5238 0.00 M3 0.00 12,593,000.00 3633,~~603~~172.6506 0.00 M4 0.00 12,593,000.00 4641,~~118~~794.3677 0.00 M5 0.00 7,556,000.00 2725,~~671~~077.7552 0.00 B 0.00 8,563,000.00 3128,~~359~~419.6165 0.00 X 0.00 6,547,363.15 2,~~503~~450,~~731~~776.6579 0.00 P 0.00 100.00 ~~367~~416,~~718~~165.8708 0.00 R1 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 R4 0.00 0.00 0.00 0.00 Totals 0.00 ~~961~~936,~~888~~093,~~506~~677.5985 2231,~~454~~740,~~712~~114.6099 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) 1A1 261,668,000.00 ~~252~~246,~~074~~864,~~243~~720.0736 0.00 510,~~209~~904,~~522~~293.7151 0.00 0.00 1A2 194,269,000.00 194,269,000.00 0.00 0.00 0.00 0.00 2A 205,321,000.00 ~~196~~191,~~044~~771,~~883~~058.1875 0.00 46,~~273~~473,~~824~~972.4329 0.00 0.00 3A1 110,141,000.00 9992,~~905~~972,~~232~~264.0633 0.00 68,~~932~~416,~~967~~562.7394 0.00 0.00 3A2 84,900,000.00 84,900,000.00 0.00 0.00 0.00 0.00 AIO 0.00 0.00 0.00 0.00 0.00 0.00 M1 57,926,000.00 57,926,000.00 0.00 0.00 0.00 0.00 M2 45,333,000.00 45,333,000.00 0.00 0.00 0.00 0.00 M3 12,593,000.00 12,593,000.00 0.00 0.00 0.00 0.00 M4 12,593,000.00 12,593,000.00 0.00 0.00 0.00 0.00 M5 7,556,000.00 7,556,000.00 0.00 0.00 0.00 0.00 B 8,563,000.00 8,563,000.00 0.00 0.00 0.00 0.00 X 6,547,363.15 6,547,363.15 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R1 0.00 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 0.00 0.00 R4 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,007,410,463.15 ~~978~~961,~~304~~888,~~821~~506.4659 0.00 1625,~~416~~794,~~314~~828.8774 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 1A1 510,~~209~~904,~~522~~293.7151 ~~246~~235,~~864~~960,~~720~~426.3685 0.~~94342725~~90175500 510,~~209~~904,~~522~~293.7151 1A2 0.00 194,269,000.00 1.00000000 0.00 2A 46,~~273~~473,~~824~~972.4329 ~~191~~185,~~771~~297,~~058~~086.7546 0.~~93400606~~90247508 46,~~273~~473,~~824~~972.4329 3A1 68,~~932~~416,~~967~~562.7394 9284,~~972~~555,~~264~~701.3339 0.~~84412039~~76770414 68,~~932~~416,~~967~~562.7394 3A2 0.00 84,900,000.00 1.00000000 0.00 AIO 0.00 0.00 0.00000000 0.00 M1 0.00 57,926,000.00 1.00000000 0.00 M2 0.00 45,333,000.00 1.00000000 0.00 M3 0.00 12,593,000.00 1.00000000 0.00 M4 0.00 12,593,000.00 1.00000000 0.00 M5 0.00 7,556,000.00 1.00000000 0.00 B 0.00 8,563,000.00 1.00000000 0.00 X 0.00 6,547,363.15 1.00000000 0.00 P 0.00 100.00 1.00000000 0.00 R1 0.00 0.00 0.00000000 0.00 R2 0.00 0.00 0.00000000 0.00 R3 0.00 0.00 0.00000000 0.00 R4 0.00 0.00 0.00000000 0.00 Totals 1625,~~416~~794,~~314~~828.8774 ~~961~~936,~~888~~093,~~506~~677.5985 0.~~95481290~~92920782 1625,~~416~~794,~~314~~828.8774

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1A1 261,668,000.00 ~~963~~943.~~33614760~~42724506 0.00000000 1941.~~90890254~~67224693 0.00000000 1A2 194,269,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2A 205,321,000.00 ~~954~~934.~~82139275~~00606246 0.00000000 2031.~~81533029~~53097973 0.00000000 3A1 110,141,000.00 ~~907~~844.~~06668779~~12039413 0.00000000 6276.~~94629366~~41625680 0.00000000 3A2 84,900,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 57,926,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 45,333,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 12,593,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 12,593,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5 7,556,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 8,563,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 6,547,363.15 1000.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R4 0.00 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 1A1 0.00000000 1941.~~90890254~~67224693 ~~943~~901.~~42724506~~75499813 0.~~94342725~~90175500 1941.~~90890254~~67224693 1A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2A 0.00000000 2031.~~81533029~~53097973 ~~934~~902.~~00606246~~47508272 0.~~93400606~~90247508 2031.~~81533029~~53097973 3A1 0.00000000 6276.~~94629366~~41625680 ~~844~~767.~~12039413~~70413733 0.~~84412039~~76770414 6276.~~94629366~~41625680 3A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, 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 1A1 261,668,000.00 1.25000% ~~252~~246,~~074~~864,~~243~~720.0736 ~~280~~248,~~082~~579.4906 0.00 0.00 1A2 194,269,000.00 1.91000% 194,269,000.00 309,211.49 0.00 0.00 2A 205,321,000.00 1.84000% ~~196~~191,~~044~~771,~~883~~058.1875 ~~300~~294,~~602~~048.1596 0.00 0.00 3A1 110,141,000.00 1.25000% 9992,~~905~~972,~~232~~264.0633 ~~111~~93,~~005~~617.8191 0.00 0.00 3A2 84,900,000.00 2.12200% 84,900,000.00 150,131.50 0.00 0.00 AIO 0.00 6.00000% 332,444,999.00 1,662,225.00 0.00 0.00 M1 57,926,000.00 1.87000% 57,926,000.00 9687,~~285~~259.8808 0.00 0.00 M2 45,333,000.00 2.87000% 45,333,000.00 ~~115~~104,~~649~~807.5238 0.00 0.00 M3 12,593,000.00 3.27000% 12,593,000.00 3633,~~603~~172.6506 0.00 0.00 M4 12,593,000.00 4.12000% 12,593,000.00 4641,~~118~~794.3677 0.00 0.00 M5 7,556,000.00 4.12000% 7,556,000.00 2725,~~671~~077.7552 0.00 0.00 B 8,563,000.00 4.12000% 8,563,000.00 3128,~~359~~419.6165 0.00 0.00 X 6,547,363.15 0.00000% 6,547,363.15 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R1 0.00 0.00000% 0.00 0.00 0.00 0.00 R2 0.00 0.00000% 0.00 0.00 0.00 0.00 R3 0.00 0.00000% 0.00 0.00 0.00 0.00 R4 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,007,410,463.15 3,~~166~~078,~~947~~344.2138 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 1A1 0.00 0.00 ~~280~~248,~~082~~579.4906 0.00 ~~246~~235,~~864~~960,~~720~~426.3685 1A2 0.00 0.00 309,211.49 0.00 194,269,000.00 2A 0.00 0.00 ~~300~~294,~~602~~048.1596 0.00 ~~191~~185,~~771~~297,~~058~~086.7546 3A1 0.00 0.00 ~~111~~93,~~005~~617.8191 0.00 9284,~~972~~555,~~264~~701.3339 3A2 0.00 0.00 150,131.50 0.00 84,900,000.00 AIO 0.00 0.00 1,662,225.00 0.00 332,444,999.00 M1 0.00 0.00 9687,~~285~~259.8808 0.00 57,926,000.00 M2 0.00 0.00 ~~115~~104,~~649~~807.5238 0.00 45,333,000.00 M3 0.00 0.00 3633,~~603~~172.6506 0.00 12,593,000.00 M4 0.00 0.00 4641,~~118~~794.3677 0.00 12,593,000.00 M5 0.00 0.00 2725,~~671~~077.7552 0.00 7,556,000.00 B 0.00 0.00 3128,~~359~~419.6165 0.00 8,563,000.00 X 0.00 0.00 2,~~503~~450,~~731~~776.6579 0.00 6,547,363.15 P 0.00 0.00 ~~367~~416,~~718~~165.8708 0.00 100.00 R1 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 R3 0.00 0.00 0.00 0.00 0.00 R4 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 65,~~038~~945,~~397~~286.7325 0.00 (4) Amount Does Not Include Excess Special Hazard, 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 1A1 261,668,000.00 1.25000% ~~963~~943.~~33614760~~42724506 10.~~07037349~~94997883 0.00000000 0.00000000 1A2 194,269,000.00 1.91000% 1000.00000000 1.59166666 0.00000000 0.00000000 2A 205,321,000.00 1.84000% ~~954~~934.~~82139275~~00606246 1.~~46405945~~43214264 0.00000000 0.00000000 3A1 110,141,000.00 1.25000% ~~907~~844.~~06668779~~12039413 10.~~00785184~~84998239 0.00000000 0.00000000 3A2 84,900,000.00 2.12200% 1000.00000000 1.76833333 0.00000000 0.00000000 AIO 0.00 6.00000% 999.99999699 5.00000000 0.00000000 0.00000000 M1 57,926,000.00 1.87000% 1000.00000000 1.~~66222215~~50638884 0.00000000 0.00000000 M2 45,333,000.00 2.87000% 1000.00000000 2.~~55111111~~31194450 0.00000000 0.00000000 M3 12,593,000.00 3.27000% 1000.00000000 2.~~90666640~~63416660 0.00000000 0.00000000 M4 12,593,000.00 4.12000% 1000.00000000 3.~~66222187~~31888907 0.00000000 0.00000000 M5 7,556,000.00 4.12000% 1000.00000000 3.~~66222208~~31888830 0.00000000 0.00000000 B 8,563,000.00 4.12000% 1000.00000000 3.~~66222235~~31888941 0.00000000 0.00000000 X 6,547,363.15 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R4 0.00 0.00000% 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 1A1 0.00000000 0.00000000 10.~~07037349~~94997883 0.00000000 ~~943~~901.~~42724506~~75499813 1A2 0.00000000 0.00000000 1.59166666 0.00000000 1000.00000000 2A 0.00000000 0.00000000 1.~~46405945~~43214264 0.00000000 ~~934~~902.~~00606246~~47508272 3A1 0.00000000 0.00000000 10.~~00785184~~84998239 0.00000000 ~~844~~767.~~12039413~~70413733 3A2 0.00000000 0.00000000 1.76833333 0.00000000 1000.00000000 AIO 0.00000000 0.00000000 5.00000000 0.00000000 999.99999699 M1 0.00000000 0.00000000 1.~~66222215~~50638884 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.~~55111111~~31194450 0.00000000 1000.00000000 M3 0.00000000 0.00000000 2.~~90666640~~63416660 0.00000000 1000.00000000 M4 0.00000000 0.00000000 3.~~66222187~~31888907 0.00000000 1000.00000000 M5 0.00000000 0.00000000 3.~~66222208~~31888830 0.00000000 1000.00000000 B 0.00000000 0.00000000 3.~~66222235~~31888941 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~382~~374.~~40305183~~31508439 0.00000000 1000.00000000 P 0.00000000 0.00000000 ~~3677188~~4161650.~~70000000~~80000000 0.00000000 1000.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, 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 2332,~~260~~569,~~915~~162.6795 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0(33,646.0041) Prepayment Penalties 0.00 Total Deposits 2332,~~260~~535,~~915~~516.6754 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~806~~795,~~203~~401.0755 Payment of Interest and Principal 2231,~~454~~740,~~712~~114.6099 Total Withdrawals (Pool Distribution Amount) 2332,~~260~~535,~~915~~516.6754 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~407~~400,~~627~~786.1080 Credit Risk Manager's Fee 12,~~228~~023.8161 PMI Insurance Premium Fee ~~381~~377,~~251~~581.8327 Wells Fargo Bank Minnesota, N.A. 5,~~095~~009.3387 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~806~~795,~~203~~401.0755

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 137,~~207~~821.21 137,~~207~~821.21 1,000.00 Financial Guaranty 0.00 137,~~207~~821.21 0.00 0.00

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 79 0 0 79 ~~796~~586,~~244~~819.0489 0.00 0.00 ~~796~~586,~~244~~819.0489 30 Days ~~136~~123 0 0 0 ~~136~~123 2017,~~184~~620,~~805~~252.7052 0.00 0.00 0.00 2017,~~184~~620,~~805~~252.7052 60 Days 3578 0 07 0 3585 610,~~784~~830,~~183~~945.5750 0.00 01,385,522.0062 0.00 612,~~784~~216,~~183~~468.5712 90 Days 1417 0 115 0 1532 12,~~974~~887,~~583~~675.6701 0.00 ~~157~~3,~~000~~330,931.0039 0.00 26,~~131~~218,~~583~~606.6740 120 Days 93 0 210 0 1113 1410,~~091,312~~250.7624 0.00 ~~606~~1,~~601~~419,751.8079 0.00 1,~~697~~830,~~914~~002.5603 150 Days 01 0 09 01 011 0116,889.0068 0.00 01,550,024.0088 0.00 01,666,914.0056 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~194~~222 79 341 01 ~~204~~273 3031,~~034~~866,~~885~~012.7095 ~~796~~586,~~244~~819.0489 ~~763~~7,~~601~~686,230.8068 0.00 3140,~~594~~139,~~731~~063.5452 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.~~107858~~141598% 0.000000% 0.000000% 0.~~107858~~141598% 0.~~082721~~062643% 0.000000% 0.000000% 0.~~082721~~062643% 30 Days 21.~~095532~~935179% 0.000000% 0.000000% 0.000000% 21.~~095532~~935179% 21.~~096968~~880960% 0.000000% 0.000000% 0.000000% 21.~~096968~~880960% 60 Days 01.~~539291~~227187% 0.000000% 0.~~000000~~110132% 0.000000% 01.~~539291~~337319% 01.~~704798~~156202% 0.000000% 0.~~000000~~147904% 0.000000% 01.~~704798~~304107% 90 Days 0.~~215716~~267464% 0.000000% 0.~~015408~~235997% 0.000000% 0.~~231125~~503461% 0.~~205136~~308259% 0.000000% 0.~~016310~~355577% 0.000000% 0.~~221447~~663836% 120 Days 0.~~138675~~047199% 0.000000% 0.~~030817~~157332% 0.000000% 0.~~169492~~204531% 0.~~113375~~043794% 0.000000% 0.~~063019~~151558% 0.000000% 0.~~176394~~195353% 150 Days 0.~~000000~~015733% 0.000000% 0.~~000000~~141598% 0.~~000000~~015733% 0.~~000000~~173065% 0.~~000000~~012478% 0.000000% 0.~~000000~~165465% 0.000000% 0.~~000000~~177943% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 23.~~989214~~492763% 0.~~107858~~141598% 0.~~046225~~645060% 0.~~000000~~015733% 34.~~143297~~295154% 3.~~120278~~401694% 0.~~082721~~062643% 0.~~079329~~820504% 0.000000% 34.~~282328~~284841%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1(A) 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 01 0 0 01 024,754.0047 0.00 0.00 024,754.0047 30 Days 87 0 0 0 87 1757,~~111,621~~923.9045 0.00 0.00 0.00 1757,~~111,621~~923.9045 60 Days 23 0 0 0 23 ~~117~~568,~~347~~776.5149 0.00 0.00 0.00 ~~117~~568,~~347~~776.5149 90 Days 02 0 0 0 02 0117,347.0051 0.00 0.00 0.00 0117,347.0051 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 1012 01 0 0 1013 1,~~228~~444,~~969~~047.4145 024,754.0047 0.00 0.00 1,~~228~~468,~~969~~801.4192 0-29 Days 0.~~000000~~087108% 0.000000% 0.000000% 0.~~000000~~087108% 0.~~000000~~016400% 0.000000% 0.000000% 0.~~000000~~016400% 30 Days 0.~~687285~~609756% 0.000000% 0.000000% 0.000000% 0.~~687285~~609756% 0.~~723999~~502124% 0.000000% 0.000000% 0.000000% 0.~~723999~~502124% 60 Days 0.~~171821~~261324% 0.000000% 0.000000% 0.000000% 0.~~171821~~261324% 0.~~076428~~376814% 0.000000% 0.000000% 0.000000% 0.~~076428~~376814% 90 Days 0.~~000000~~174216% 0.000000% 0.000000% 0.000000% 0.~~000000~~174216% 0.~~000000~~077743% 0.000000% 0.000000% 0.000000% 0.~~000000~~077743% 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.~~859107~~045296% 0.~~000000~~087108% 0.000000% 0.000000% 01.~~859107~~132404% 0.~~800428~~956682% 0.~~000000~~016400% 0.000000% 0.000000% 0.~~800428~~973081% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1(B) 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 01 0 0 01 089,741.0022 0.00 0.00 089,741.0022 30 Days 5547 0 0 0 5547 86,~~193~~345,~~243~~657.0942 0.00 0.00 0.00 86,~~193~~345,~~243~~657.0942 60 Days 540 0 01 0 541 ~~986~~5,~~580~~529,574.3979 0.00 0132,144.0097 0.00 ~~986~~5,~~580~~661,719.3976 90 Days 12 0 02 0 14 ~~192~~324,~~100~~291.0003 0.00 0403,675.00 0.00 ~~192~~727,~~100~~966.0003 120 Days 0 0 01 0 01 0.00 0.00 0192,100.00 0.00 0192,100.00 150 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 6189 01 04 0 6194 912,~~371~~199,~~923~~523.4824 089,741.0022 0727,919.0097 0.00 913,~~371~~017,~~923~~184.4843 0-29 Days 0.~~000000~~040502% 0.000000% 0.000000% 0.~~000000~~040502% 0.~~000000~~024919% 0.000000% 0.000000% 0.~~000000~~024919% 30 Days 21.~~186879~~903605% 0.000000% 0.000000% 0.000000% 21.~~186879~~903605% 21.~~223776~~762019% 0.000000% 0.000000% 0.000000% 21.~~223776~~762019% 60 Days 01.~~198807~~620089% 0.000000% 0.~~000000~~040502% 0.000000% 01.~~198807~~660591% 01.~~267774~~535415% 0.000000% 0.~~000000~~036693% 0.000000% 01.~~267774~~572108% 90 Days 0.~~039761~~081004% 0.000000% 0.~~000000~~081004% 0.000000% 0.~~039761~~162009% 0.~~052139~~090047% 0.000000% 0.~~000000~~112090% 0.000000% 0.~~052139~~202137% 120 Days 0.000000% 0.000000% 0.~~000000~~040502% 0.000000% 0.~~000000~~040502% 0.000000% 0.000000% 0.~~000000~~053341% 0.000000% 0.~~000000~~053341% 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 23.~~425447~~604698% 0.~~000000~~040502% 0.~~000000~~162009% 0.000000% 23.~~425447~~807209% 23.~~543688~~387481% 0.~~000000~~024919% 0.~~000000~~202124% 0.000000% 23.~~543688~~614523% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2(A) 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 10 0 0 10 ~~87,782~~0.6200 0.00 0.00 ~~87,782~~0.6200 30 Days 73 0 0 0 73 ~~625~~326,~~544~~319.1439 0.00 0.00 0.00 ~~625~~326,~~544~~319.1439 60 Days 21 0 0 0 21 ~~103~~19,~~257~~401.5387 0.00 0.00 0.00 ~~103~~19,~~257~~401.5387 90 Days 21 0 01 0 2 5133,~~191~~991.5971 0.00 069,265.0082 0.00 51103,~~191~~257.5953 120 Days 02 0 0 0 02 051,050.0024 0.00 0.00 0.00 051,050.0024 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 117 0 1 0 08 ~~12 779~~430,~~993~~763.2621 ~~87,782.62~~ 0.00 69,265.82 0.00 ~~867~~500,~~775~~029.8803 0-29 Days 0.~~319489~~000000% 0.000000% 0.000000% 0.~~319489~~000000% 0.~~265379~~000000% 0.000000% 0.000000% 0.~~265379~~000000% 30 Days 20.~~236422~~986842% 0.000000% 0.000000% 0.000000% 20.~~236422~~986842% 1.~~891106~~025219% 0.000000% 0.000000% 0.000000% 1.~~891106~~025219% 60 Days 0.~~638978~~328947% 0.000000% 0.000000% 0.000000% 0.~~638978~~328947% 0.~~312162~~060956% 0.000000% 0.000000% 0.000000% 0.~~312162~~060956% 90 Days 0.~~638978~~328947% 0.000000% 0.~~000000~~328947% 0.000000% 0.~~638978~~657895% 0.~~154759~~106794% 0.000000% 0.~~000000~~217617% 0.000000% 0.~~154759~~324411% 120 Days 0.~~000000~~657895% 0.000000% 0.000000% 0.000000% 0.~~000000~~657895% 0.~~000000~~160388% 0.000000% 0.000000% 0.000000% 0.~~000000~~160388% 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.~~514377~~302632% 0.~~319489~~000000% 0.~~000000~~328947% 0.000000% 32.~~833866~~631579% 21.~~358027~~353357% 0.~~265379~~000000% 0.~~000000~~217617% 0.000000% 21.~~623406~~570974% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2(B) 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 2 0 0 2 ~~374~~178,~~451~~264.0728 0.00 0.00 ~~374~~178,~~451~~264.0728 30 Days 3541 0 0 0 3541 56,~~181~~201,~~280~~948.0810 0.00 0.00 0.00 56,~~181~~201,~~280~~948.0810 60 Days 1116 0 04 0 1120 12,~~671~~147,~~899~~230.0250 0.00 0440,707.0083 0.00 12,~~671~~587,~~899~~938.0233 90 Days 75 0 15 0 810 1961,~~111,803~~662.6142 0.00 ~~157~~625,~~000~~361.0070 0.00 1,~~268~~587,~~803~~024.6112 120 Days 1 0 06 0 17 ~~183~~359,~~373~~200.1300 0.00 0804,603.0061 0.00 ~~183~~1,~~373~~163,803.1361 150 Days 0 0 01 0 01 0.00 0.00 0183,373.0013 0.00 0183,373.0013 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 5463 2 116 0 5781 89,~~148~~670,~~355~~041.8402 ~~374~~178,~~451~~264.0728 ~~157~~2,~~000~~054,046.0027 0.00 811,~~679~~902,~~806~~351.9157 0-29 Days 0.~~144092~~147275% 0.000000% 0.000000% 0.~~144092~~147275% 0.~~191968~~093899% 0.000000% 0.000000% 0.~~191968~~093899% 30 Days 23.~~521614~~019146% 0.000000% 0.000000% 0.000000% 23.~~521614~~019146% 23.~~656261~~266820% 0.000000% 0.000000% 0.000000% 23.~~656261~~266820% 60 Days 01.~~792507~~178203% 0.000000% 0.~~000000~~294551% 0.000000% 01.~~792507~~472754% 01.~~857124~~131034% 0.000000% 0.~~000000~~232139% 0.000000% 01.~~857124~~363173% 90 Days 0.~~504323~~368189% 0.000000% 0.~~072046~~368189% 0.000000% 0.~~576369~~736377% 0.~~569983~~506547% 0.000000% 0.~~080488~~329404% 0.000000% 0.~~650471~~835951% 120 Days 0.~~072046~~073638% 0.000000% 0.~~000000~~441826% 0.000000% 0.~~072046~~515464% 0.~~094009~~189205% 0.000000% 0.~~000000~~423818% 0.000000% 0.~~094009~~613023% 150 Days 0.000000% 0.000000% 0.~~000000~~073638% 0.000000% 0.~~000000~~073638% 0.000000% 0.000000% 0.~~000000~~096590% 0.000000% 0.~~000000~~096590% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 34.~~890490~~639175% 0.~~144092~~147275% 01.~~072046~~178203% 0.000000% 45.~~106628~~964654% 45.~~177376~~093607% 0.~~191968~~093899% 01.~~080488~~081950% 0.000000% 46.~~449833~~269456% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3(A) 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 4 0 0 4 ~~334~~212,~~010~~715.3511 0.00 0.00 ~~334~~212,~~010~~715.3511 30 Days 1214 0 0 0 1214 ~~886~~1,~~512~~453,027.0671 0.00 0.00 0.00 ~~886~~1,~~512~~453,027.0671 60 Days 65 0 0 0 65 ~~879~~166,~~594~~305.5433 0.00 0.00 0.00 ~~879~~166,~~594~~305.5433 90 Days 24 0 02 0 26 ~~333~~450,~~960~~726.0086 0.00 0336,801.0054 0.00 ~~333~~787,~~960~~528.0040 120 Days 4 0 0 2 0 42 ~~371,572~~0.4400 0.00 0333,960.00 0.00 ~~371~~333,~~572~~960.4400 150 Days 01 0 02 01 04 0116,889.0068 0.00 0223,682.0076 0.00 0340,572.0044 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 24 4 06 01 2835 2,~~471~~186,~~639~~949.0458 ~~334~~212,~~010~~715.3511 0894,444.0030 0.00 23,~~805~~294,~~649~~108.3999 0-29 Days 0.~~547945~~561010% 0.000000% 0.000000% 0.~~547945~~561010% 0.~~386771~~254551% 0.000000% 0.000000% 0.~~386771~~254551% 30 Days 1.~~643836~~963534% 0.000000% 0.000000% 0.000000% 1.~~643836~~963534% 1.~~026545~~738806% 0.000000% 0.000000% 0.000000% 1.~~026545~~738806% 60 Days 0.~~821918~~701262% 0.000000% 0.000000% 0.000000% 0.~~821918~~701262% 10.~~018535~~199014% 0.000000% 0.000000% 0.000000% 10.~~018535~~199014% 90 Days 0.~~273973~~561010% 0.000000% 0.~~000000~~280505% 0.000000% 0.~~273973~~841515% 0.~~386712~~539375% 0.000000% 0.~~000000~~403043% 0.000000% 0.~~386712~~942418% 120 Days 0.~~547945~~000000% 0.000000% 0.~~000000~~280505% 0.000000% 0.~~547945~~280505% 0.~~430266~~000000% 0.000000% 0.~~000000~~399643% 0.000000% 0.~~430266~~399643% 150 Days 0.~~000000~~140252% 0.000000% 0.~~000000~~280505% 0.~~000000~~140252% 0.~~000000~~561010% 0.~~000000~~139879% 0.000000% 0.~~000000~~267676% 0.000000% 0.~~000000~~407555% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.~~287671~~366059% 0.~~547945~~561010% 0.~~000000~~841515% 0.~~000000~~140252% 34.~~835616~~908836% 2.~~862058~~617074% 0.~~386771~~254551% 01.~~000000~~070362% 0.000000% 3.~~248829~~941987% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3(B) 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 01 0 0 01 081,344.0081 0.00 0.00 081,344.0081 30 Days 1911 0 0 0 1911 42,~~186~~535,~~604~~376.4345 0.00 0.00 0.00 42,~~186~~535,~~604~~376.4345 60 Days 913 0 02 0 915 32,~~025~~399,~~504~~656.5852 0.00 0812,669.0082 0.00 3,~~025~~212,~~504~~326.5834 90 Days 23 0 05 0 28 ~~285~~999,~~528~~655.4748 0.00 01,895,827.0033 0.00 ~~285~~2,~~528~~895,482.4781 120 Days 40 0 21 0 61 ~~536,367~~0.1900 0.00 ~~606~~89,~~601~~088.8018 0.00 189,~~142,968~~088.9918 150 Days 0 0 06 0 06 0.00 0.00 01,142,968.0099 0.00 01,142,968.0099 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 3427 01 214 0 3642 85,~~034~~934,~~004~~688.6745 081,344.0081 ~~606~~3,~~601~~940,554.8032 0.00 89,~~640~~956,~~606~~587.4758 0-29 Days 0.~~000000~~274725% 0.000000% 0.000000% 0.~~000000~~274725% 0.~~000000~~067534% 0.000000% 0.000000% 0.~~000000~~067534% 30 Days 53.~~000000~~021978% 0.000000% 0.000000% 0.000000% 53.~~000000~~021978% 32.~~320139~~104928% 0.000000% 0.000000% 0.000000% 32.~~320139~~104928% 60 Days 23.~~368421~~571429% 0.000000% 0.~~000000~~549451% 0.000000% 24.~~368421~~120879% 21.~~399342~~992251% 0.000000% 0.~~000000~~674697% 0.000000% 2.~~399342~~666948% 90 Days 0.~~526316~~824176% 0.000000% 01.~~000000~~373626% 0.000000% 02.~~526316~~197802% 0.~~226435~~829937% 0.000000% 01.~~000000~~573960% 0.000000% 02.~~226435~~403897% 120 Days 10.~~052632~~000000% 0.000000% 0.~~526316~~274725% 0.000000% 10.~~578947~~274725% 0.~~425360~~000000% 0.000000% 0.~~481059~~073963% 0.000000% 0.~~906419~~073963% 150 Days 0.000000% 0.000000% 01.~~000000~~648352% 0.000000% 01.~~000000~~648352% 0.000000% 0.000000% 0.~~000000~~948919% 0.000000% 0.~~000000~~948919% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 87.~~947368~~417582% 0.~~000000~~274725% 03.~~526316~~846154% 0.000000% 911.~~473684~~538462% 64.~~371276~~927116% 0.~~000000~~067534% 03.~~481059~~271540% 0.000000% 68.~~852335~~266191%

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.~~928418~~922350% Weighted Average Net Coupon 7.~~428418~~422350% Weighted Average Pass-Through Rate 6.~~954520~~945050% Weighted Average Maturity(Stepdown Calculation ) ~~346~~345 Beginning Scheduled Collateral Loan Count 6,~~584~~490 Number Of Loans Paid In Full 94134 Ending Scheduled Collateral Loan Count 6,~~490~~356 Beginning Scheduled Collateral Balance ~~978~~961,~~304~~888,~~821~~506.4659 Ending Scheduled Collateral Balance ~~961~~936,~~888~~093,~~506~~677.5985 Ending Actual Collateral Balance at 3031-~~Sep~~Oct-2003 ~~962~~936,~~570~~769,~~920~~034.2042 Monthly P &I Constant 7,~~234~~114,~~370~~996.3607 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 033,646.0041 Cumulative Realized Loss 033,646.0041 Ending Scheduled Balance for Premium Loans ~~961~~936,~~888~~093,~~506~~677.5985 Scheduled Principal ~~770~~764,~~695~~648.6126 Unscheduled Principal 1525,~~645~~030,~~619~~180.2648

Miscellaneous Reporting Monthly Excess Cashflows 2,~~490~~476,~~542~~619.33100 Overcollateralization Amount 6,547,463.15 Overcollateralization Deficiency 0.00 Aggregate Overcollateralization Release 0.00 Targeted Overcollateralization Amount 6,547,463.15 Cap Payment ~~13207~~7,821.21

Group Level Collateral Statement Group 1(A) 1(B) 2(A) Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 7.~~613482~~613769 7.~~770871~~769476 7.~~956093~~959050 Weighted Average Net Rate 7.~~113481~~113769 7.~~270871~~269476 7.~~456094~~459050 Weighted Average Maturity ~~348~~347 ~~348~~ 347 346 Beginning Loan Count 1,~~174~~164 2,~~538~~515 ~~316~~313 Loans Paid In Full 1016 2346 39 Ending Loan Count 1,~~164~~148 2,~~515~~469 ~~313~~304 Beginning Scheduled Balance ~~154~~153,~~960~~413,~~371~~470.1006 ~~371~~368,~~841~~179,~~995~~373.5184 33,~~515~~057,~~526~~643.2119 Ending scheduled Balance ~~153~~150,~~413~~826,~~470~~289.0630 ~~368~~359,~~179~~880,~~373~~701.8486 3331,~~057~~809,~~643~~307.1954 Record Date 0910/3031/2003 0910/3031/2003 0910/3031/2003 Principal And Interest Constant 1,~~140~~130,~~978~~996.9160 2,~~683~~659,~~819~~120.2667 ~~254~~251,~~945~~921.4123 Scheduled Principal 157,~~822~~617.2969 275,~~872~~320.5700 32,~~734~~665.8704 Unscheduled Principal 12,~~389~~429,~~078~~563.7507 38,~~386~~023,~~749~~351.1098 ~~425~~1,~~148~~215,670.1561 Scheduled Interest ~~983~~973,~~156~~378.6291 2,~~407~~383,~~946~~800.6967 ~~222~~219,~~210~~256.5419 Servicing Fees 6463,~~566~~922.8727 ~~154~~153,~~934~~408.1804 13,~~964~~774.7900 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 4544,~~409~~990.1666 ~~181~~180,~~144~~386.9057 7,~~168~~157.4074 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 ~~873~~864,~~180~~465.5998 2,~~071~~050,~~867~~006.6106 ~~201~~198,~~077~~324.3545 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.000000 0.000000 0.000000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.~~761837~~761852 6.~~686284~~681546 7.~~199433~~199222

Group Level Collateral Statement Group 2(B) 3(A) 3(B) Collateral Description Mixed ARM Mixed Fixed Mixed ARM Weighted Average Coupon Rate 8.~~317173~~317578 8.~~545640~~512105 7.~~726839~~719706 Weighted Average Net Rate 7.~~817173~~817578 8.~~045640~~012106 7.~~226839~~219706 Weighted Average Maturity ~~347~~346 ~~341~~340 ~~341~~340 Beginning Loan Count 1,~~412~~388 ~~754~~730 ~~390~~380 Loans Paid In Full 2430 2417 1016 Ending Loan Count 1,~~388~~358 ~~730~~713 ~~380~~364 Beginning Scheduled Balance ~~198~~194,~~762~~946,~~443~~502.9857 8986,~~617~~299,~~867~~390.3325 ~~129~~125,~~606~~992,~~617~~126.3368 Ending scheduled Balance ~~194~~189,~~946~~728,~~502~~808.5725 8683,~~299~~505,~~390~~751.2520 ~~125~~120,~~992~~342,~~126~~819.6870 Record Date 0910/3031/2003 0910/3031/2003 0910/3031/2003 Principal And Interest Constant 1,~~513~~484,~~374~~998.8105 ~~709~~682,~~814~~434.8753 ~~931~~905,~~437~~524.1099 Scheduled Principal ~~135~~133,~~756~~762.7744 7170,~~613~~276.2161 9695,~~895~~006.9048 Unscheduled Principal 35,~~680~~083,~~184~~931.6488 32,~~246~~723,~~863~~362.8744 35,~~517~~554,~~594~~300.7550 Scheduled Interest 1,~~377~~351,~~618~~235.0461 ~~638~~612,~~201~~157.6692 ~~834~~810,~~541~~518.2051 Servicing Fees 8281,~~817~~227.7069 3735,~~340~~958.7807 5452,~~002~~496.7873 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 9289,~~353~~983.3022 15,~~875~~729.1771 44,~~396~~343.2324 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 1,~~202~~180,~~447~~024.0470 ~~584~~560,~~985~~470.7114 ~~736~~713,~~142~~678.1954 Realized Loss Amount 0.00 033,646.0041 0.00 Cumulative Realized Loss 0.00 033,646.0041 0.00 Percentage of Cumulative Losses 0.000000 0.000350 0.000000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 7.~~259603~~263683 7.~~833068~~793382 6.~~815784~~797364

Group Level Collateral Statement Group Total Collateral Description Mixed Fixed & Arm Weighted Average Coupon Rate 7.~~928418~~922350 Weighted Average Net Rate 7.~~428418~~422350 Weighted Average Maturity ~~346~~345.00 Record Date 0910/3031/2003 Principal And Interest Constant 7,~~234~~114,~~370~~996.3607 Beginning Loan Count 6,~~584~~490 Loans Paid In Full 94134 Ending Loan Count 6,~~490~~356 Beginning Scheduled Balance ~~978~~961,~~304~~888,~~821~~506.4659 Ending Scheduled Balance ~~961~~936,~~888~~093,~~506~~677.5985 Scheduled Principal ~~770~~764,~~695~~648.6126 Unscheduled Principal 1525,~~645~~030,~~619~~180.2648 Scheduled Interest 6,~~463~~350,~~674~~347.7581 Servicing Fee ~~407~~400,~~627~~786.1080 Master Servicing Fee 0.00 Trustee Fee 0.00 Fry Amount 0.00 Special Hazard Fee 0.00 Other Fee ~~386~~382,~~347~~591.1614 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 5,~~669~~566,~~700~~969.4987 Realized Loss Amount 033,646.0041 Cumulative Realized Loss 033,646.0041 Percentage of Cumulative Losses 0.000033 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 6.~~954520~~945050

Filing Compare · STRUCTURED ASSET INV LOAN MORT PASS THRU CER SER 2003-BC7