8-K 1 thb02004_jan.txt JAN. 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): January 26, 2004 THORNBURG MORTGAGE Home Loans, Inc. Mortgage Pass-Through Certificates, Series 2002-4 Trust (Exact name of registrant as specified in its charter) Delaware (governing law of 333-56240-09 90-0073156 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 January 26, 2004 a distribution was made to holders of THORNBURG MORTGAGE Home Loans, Inc., Mortgage Pass-Through Certificates, Series 2002-4 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 2002-4 Trust, relating to the January 26, 2004 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. THORNBURG MORTGAGE Home Loans, Inc. Mortgage Pass-Through Certificates, Series 2002-4 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: 2/3/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2002-4 Trust, relating to the January 26, 2004 distribution. EX-99.1

Thornburg Mortgage Home Loans, Inc. Mortgage Pass-Through Certificates Record Date: 1112/3031/03 Distribution Date: 121/26/0304 THB Series: 2002-4 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 885220CA9 SEN 2.~~72191~~72107% ~~276~~274,~~148~~736,~~935~~390.6839 ~~626~~622,~~377~~980.5247 12,~~412~~694,~~545~~027.2952 II-A 885220CB7 SEN 4.~~52977~~51803% 9188,~~847~~934,~~682~~760.0574 ~~346~~334,~~707~~841.6967 2,~~912~~271,~~921~~821.3116 III-A 885220CC5 SEN 5.~~01086~~00029% ~~119~~115,~~021~~541,~~002~~447.6075 ~~496~~481,~~998~~451.3703 34,~~479~~803,~~554~~623.8581 IV-A 885220CD3 SEN 5.~~60762~~60764% 12,~~765~~758,~~704~~387.4918 59,~~654~~620.3438 7,~~317~~392.3140 B-1 885220CE1 SUB 4.~~01510~~00808% 10,~~353~~350,~~210~~297.2062 34,~~641~~570.0069 2,~~912~~864.5875 B-2 885220CF8 SUB 4.~~01510~~00808% 6,~~039~~037,~~356~~657.01 20,~~207~~166.1918 1,~~699~~671.0010 B-3 885220CG6 SUB 4.~~01510~~00808% 3,~~882~~881,~~428~~336.9170 12,~~990~~963.2993 1,~~092~~074.2127 B-4 885220CK7 SUB 4.~~01510~~00808% 1,~~294~~293,~~275~~911.8271 4,~~330~~321.5475 ~~364~~358.1113 B-5 885220CL5 SUB 4.~~01510~~00808% 862,~~651~~408.2759 2,~~886~~880.3650 ~~242~~238.6870 B-6 885220CM3 SUB 4.~~01510~~00808% 2,~~588~~587,~~563~~835.6038 8,~~661~~643.1255 ~~728~~716.2226 R-I 885220CH4 SEN 0.00000% 0.00 0.00 0.00 R-II 885220CJ0 SEN 0.00000% 0.00 0.00 0.00 Totals ~~524~~516,~~803~~984,~~810~~433.6307 1,~~613~~582,~~454~~440.4215 79,~~819~~783,~~377~~788.5610

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 ~~274~~272,~~736~~042,~~390~~362.3987 23,~~038~~317,~~922~~007.8199 0.00 II-A 0.00 8886,~~934~~662,~~760~~939.7458 32,~~259~~606,~~629~~662.0083 0.00 III-A 0.00 ~~115~~110,~~541~~737,~~447~~823.7593 35,~~976~~285,~~553~~074.2284 0.00 IV-A 0.00 12,~~758~~750,~~387~~994.1878 6667,~~971~~012.6578 0.00 B-1 0.00 10,~~350~~347,~~297~~432.6287 37,~~553~~435.5844 0.00 B-2 0.00 6,~~037~~035,~~657~~985.0191 21,~~906~~837.1928 0.00 B-3 0.00 3,~~881~~880,~~336~~262.7043 14,~~082~~038.5020 0.00 B-4 0.00 1,293,~~911~~553.7158 4,~~694~~679.6588 0.00 B-5 0.00 862,~~408~~169.5989 3,~~129~~119.0420 0.00 B-6 0.00 2,587,~~835~~119.3812 9,~~389~~359.3481 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 Totals 0.00 ~~516~~507,~~984~~200,~~433~~644.0796 911,~~432~~366,~~831~~228.9825 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 328,742,400.00 ~~276~~274,~~148~~736,~~935~~390.6839 1516,~~735~~028.6671 12,~~396~~677,~~809~~998.6381 0.00 0.00 II-A 191,023,000.00 9188,~~847~~934,~~682~~760.0574 3129,~~313~~047.2700 2,~~881~~242,~~608~~774.0416 0.00 0.00 III-A 305,617,600.00 ~~119~~115,~~021~~541,~~002~~447.6075 5855,~~066~~785.3329 34,~~421~~747,~~488~~838.52 0.00 0.00 IV-A 15,424,900.00 12,~~765~~758,~~704~~387.4918 3,~~275~~301.8225 4,~~041~~091.4915 0.00 0.00 B-1 10,391,000.00 10,~~353~~350,~~210~~297.2062 2,~~912~~864.5875 0.00 0.00 0.00 B-2 6,061,400.00 6,~~039~~037,~~356~~657.01 1,~~699~~671.0010 0.00 0.00 0.00 B-3 3,896,600.00 3,~~882~~881,~~428~~336.9170 1,~~092~~074.2127 0.00 0.00 0.00 B-4 1,299,000.00 1,~~294~~293,~~275~~911.8271 ~~364~~358.1113 0.00 0.00 0.00 B-5 865,800.00 862,~~651~~408.2759 ~~242~~238.6870 0.00 0.00 0.00 B-6 2,598,012.00 2,~~588~~587,~~563~~835.6038 ~~728~~716.2226 0.00 0.00 0.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 Totals 865,919,812.00 ~~524~~516,~~803~~984,~~810~~433.6307 ~~115~~111,~~429~~085.8846 79,~~703~~672,~~947~~702.6864 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 12,~~412~~694,~~545~~027.2952 ~~274~~272,~~736~~042,~~390~~362.3987 0.~~83571937~~82752442 12,~~412~~694,~~545~~027.2952 II-A 2,~~912~~271,~~921~~821.3116 8886,~~934~~662,~~760~~939.7458 0.~~46557096~~45367804 2,~~912~~271,~~921~~821.3116 III-A 34,~~479~~803,~~554~~623.8581 ~~115~~110,~~541~~737,~~447~~823.7593 0.~~37805888~~36234112 34,~~479~~803,~~554~~623.8581 IV-A 7,~~317~~392.3140 12,~~758~~750,~~387~~994.1878 0.~~82712933~~82665008 7,~~317~~392.3140 B-1 2,~~912~~864.5875 10,~~350~~347,~~297~~432.6287 0.~~99608292~~99580722 2,~~912~~864.5875 B-2 1,~~699~~671.0010 6,~~037~~035,~~657~~985.0191 0.~~99608292~~99580722 1,~~699~~671.0010 B-3 1,~~092~~074.2127 3,~~881~~880,~~336~~262.7043 0.~~99608292~~99580722 1,~~092~~074.2127 B-4 ~~364~~358.1113 1,293,~~911~~553.7158 0.~~99608292~~99580722 ~~364~~358.1113 B-5 ~~242~~238.6870 862,~~408~~169.5989 0.~~99608292~~99580722 ~~242~~238.6870 B-6 ~~728~~716.2226 2,587,~~835~~119.3812 0.~~99608292~~99580722 ~~728~~716.2226 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 Totals 79,~~819~~783,~~377~~788.5610 ~~516~~507,~~984~~200,~~433~~644.0796 0.~~59703500~~58573627 79,~~819~~783,~~377~~788.5610

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 328,742,400.00 ~~840~~835.~~01618191~~71936687 0.~~04786623~~04875766 48.~~24894881~~14619231 0.00000000 II-A 191,023,000.00 ~~480~~465.~~82001670~~57095606 0.~~16392408~~15206022 1511.~~08513655~~74085927 0.00000000 III-A 305,617,600.00 ~~389~~378.~~44420282~~05888061 0.~~18999668~~18253298 1115.~~19532553~~53522611 0.00000000 IV-A 15,424,900.00 827.~~60371153~~12932855 0.~~21237220~~21402084 0.~~26201077~~26523024 0.00000000 B-1 10,391,000.00 996.~~36321817~~08291983 0.~~28029834~~27569531 0.00000000 0.00000000 B-2 6,061,400.00 996.~~36321807~~08291979 0.~~28029828~~27569538 0.00000000 0.00000000 B-3 3,896,600.00 996.~~36321665~~08291844 0.~~28029821~~27569419 0.00000000 0.00000000 B-4 1,299,000.00 996.~~36321786~~08291763 0.~~28030023~~27569669 0.00000000 0.00000000 B-5 865,800.00 996.~~36321321~~08291753 0.~~28029568~~27569878 0.00000000 0.00000000 B-6 2,598,012.00 996.~~36321926~~08292033 0.~~28029894~~27569542 0.00000000 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes Are Per $1000 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 48.~~29681504~~19494997 ~~835~~827.~~71936687~~52441690 0.~~83571937~~82752442 48.~~29681504~~19494997 II-A 0.00000000 1511.~~24906064~~89291949 ~~465~~453.~~57095606~~67803657 0.~~46557096~~45367804 1511.~~24906064~~89291949 III-A 0.00000000 1115.~~38532221~~71775909 ~~378~~362.~~05888061~~34112149 0.~~37805888~~36234112 1115.~~38532221~~71775909 IV-A 0.00000000 0.~~47438298~~47925108 ~~827~~826.~~12932855~~65007747 0.~~82712933~~82665008 0.~~47438298~~47925108 B-1 0.00000000 0.~~28029834~~27569531 ~~996~~995.~~08291983~~80722452 0.~~99608292~~99580722 0.~~28029834~~27569531 B-2 0.00000000 0.~~28029828~~27569538 ~~996~~995.~~08291979~~80722440 0.~~99608292~~99580722 0.~~28029828~~27569538 B-3 0.00000000 0.~~28029821~~27569419 ~~996~~995.~~08291844~~80722425 0.~~99608292~~99580722 0.~~28029821~~27569419 B-4 0.00000000 0.~~28030023~~27569669 ~~996~~995.~~08291763~~80722094 0.~~99608292~~99580722 0.~~28030023~~27569669 B-5 0.00000000 0.~~28029568~~27569878 ~~996~~995.~~08291753~~80721876 0.~~99608292~~99580722 0.~~28029568~~27569878 B-6 0.00000000 0.~~28029894~~27569542 ~~996~~995.~~08292033~~80722491 0.~~99608292~~99580722 0.~~28029894~~27569542 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 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 I-A 328,742,400.00 2.~~72191~~72107% ~~276~~274,~~148~~736,~~935~~390.6839 ~~626~~622,~~377~~980.5250 0.00 0.00 II-A 191,023,000.00 4.~~52977~~51803% 9188,~~847~~934,~~682~~760.0574 ~~346~~334,~~707~~841.6968 0.00 0.00 III-A 305,617,600.00 5.~~01086~~00029% ~~119~~115,~~021~~541,~~002~~447.6075 ~~496~~481,~~998~~451.3704 0.00 0.00 IV-A 15,424,900.00 5.~~60762~~60764% 12,~~765~~758,~~704~~387.4918 59,~~654~~620.3438 0.00 0.00 B-1 10,391,000.00 4.~~01510~~00808% 10,~~353~~350,~~210~~297.2062 34,~~641~~570.0069 0.00 0.00 B-2 6,061,400.00 4.~~01510~~00808% 6,~~039~~037,~~356~~657.01 20,~~207~~166.1918 0.00 0.00 B-3 3,896,600.00 4.~~01510~~00808% 3,~~882~~881,~~428~~336.9170 12,~~990~~963.2993 0.00 0.00 B-4 1,299,000.00 4.~~01510~~00808% 1,~~294~~293,~~275~~911.8271 4,~~330~~321.5475 0.00 0.00 B-5 865,800.00 4.~~01510~~00808% 862,~~651~~408.2759 2,~~886~~880.3650 0.00 0.00 B-6 2,598,012.00 4.~~01510~~00808% 2,~~588~~587,~~563~~835.6038 8,~~661~~643.1255 0.00 0.00 R-I 50.00 0.00000% 0.00 0.00 0.00 0.00 R-II 50.00 0.00000% 0.00 0.00 0.00 0.00 Totals 865,919,812.00 1,~~613~~582,~~454~~440.4220 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 0.0102 0.00 ~~626~~622,~~377~~980.5247 0.00 ~~274~~272,~~736~~042,~~390~~362.3987 II-A 0.0001 0.00 ~~346~~334,~~707~~841.6967 0.00 8886,~~934~~662,~~760~~939.7458 III-A 0.0001 0.00 ~~496~~481,~~998~~451.3703 0.00 ~~115~~110,~~541~~737,~~447~~823.7593 IV-A 0.00 0.00 59,~~654~~620.3438 0.00 12,~~758~~750,~~387~~994.1878 B-1 0.00 0.00 34,~~641~~570.0069 0.00 10,~~350~~347,~~297~~432.6287 B-2 0.00 0.00 20,~~207~~166.1918 0.00 6,~~037~~035,~~657~~985.0191 B-3 0.00 0.00 12,~~990~~963.2993 0.00 3,~~881~~880,~~336~~262.7043 B-4 0.00 0.00 4,~~330~~321.5475 0.00 1,293,~~911~~553.7158 B-5 0.00 0.00 2,~~886~~880.3650 0.00 862,~~408~~169.5989 B-6 0.00 0.00 8,~~661~~643.1255 0.00 2,587,~~835~~119.3812 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 Totals 0.0104 0.00 1,~~613~~582,~~454~~440.4215 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 I-A 328,742,400.00 2.~~72191~~72107% ~~840~~835.~~01618191~~71936687 1.~~90537491~~89504153 0.00000000 0.00000000 II-A 191,023,000.00 4.~~52977~~51803% ~~480~~465.~~82001670~~57095606 1.~~81500495~~75288672 0.00000000 0.00000000 III-A 305,617,600.00 5.~~01086~~00029% ~~389~~378.~~44420282~~05888061 1.~~62620991~~57533807 0.00000000 0.00000000 IV-A 15,424,900.00 5.~~60762~~60764% 827.~~60371153~~12932855 3.~~86740530~~86520366 0.00000000 0.00000000 B-1 10,391,000.00 4.~~01510~~00808% 996.~~36321817~~08291983 3.~~33375036~~32698393 0.00000000 0.00000000 B-2 6,061,400.00 4.~~01510~~00808% 996.~~36321807~~08291979 3.~~33374963~~32698387 0.00000000 0.00000000 B-3 3,896,600.00 4.~~01510~~00808% 996.~~36321665~~08291844 3.~~33374994~~32698506 0.00000000 0.00000000 B-4 1,299,000.00 4.~~01510~~00808% 996.~~36321786~~08291763 3.~~33374904~~32698229 0.00000000 0.00000000 B-5 865,800.00 4.~~01510~~00808% 996.~~36321321~~08291753 3.~~33374913~~32698083 0.00000000 0.00000000 B-6 2,598,012.00 4.~~01510~~00808% 996.~~36321926~~08292033 3.~~33374904~~32698617 0.00000000 0.00000000 R-I 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes Are Per $1000 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.~~00000003~~00000006 0.00000000 1.~~90537491~~89504144 0.00000000 ~~835~~827.~~71936687~~52441690 II-A 0.~~00000000~~00000005 0.00000000 1.~~81500495~~75288667 0.00000000 ~~465~~453.~~57095606~~67803657 III-A 0.~~00000000~~00000003 0.00000000 1.~~62620991~~57533804 0.00000000 ~~378~~362.~~05888061~~34112149 IV-A 0.00000000 0.00000000 3.~~86740530~~86520366 0.00000000 ~~827~~826.~~12932855~~65007747 B-1 0.00000000 0.00000000 3.~~33375036~~32698393 0.00000000 ~~996~~995.~~08291983~~80722452 B-2 0.00000000 0.00000000 3.~~33374963~~32698387 0.00000000 ~~996~~995.~~08291979~~80722440 B-3 0.00000000 0.00000000 3.~~33374994~~32698506 0.00000000 ~~996~~995.~~08291844~~80722425 B-4 0.00000000 0.00000000 3.~~33374904~~32698229 0.00000000 ~~996~~995.~~08291763~~80722094 B-5 0.00000000 0.00000000 3.~~33374913~~32698083 0.00000000 ~~996~~995.~~08291753~~80721876 B-6 0.00000000 0.00000000 3.~~33374904~~32698617 0.00000000 ~~996~~995.~~08292033~~80722491 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 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 911,~~575~~518,~~895~~762.9910 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 95,~~520~~638.2170 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 911,~~585~~524,~~416~~400.2080 Withdrawals Reimbursement for Servicer Advances 19,~~779~~520.8621 Payment of Service Fee ~~150~~148,~~804~~652.3634 Payment of Interest and Principal 911,~~432~~366,~~831~~228.9825 Total Withdrawals (Pool Distribution Amount) 911,~~585~~524,~~416~~400.2080 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~142~~140,~~057~~035.5889 Master Servicing Fee- Wells Fargo 8,~~309~~185.4361 Trustee Fee - Deutsche Bank ~~437~~430.3584 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~150~~148,~~804~~652.3634

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 42 0 0 0 42 ~~966~~544,~~607~~188.6007 0.00 0.00 0.00 ~~966~~544,~~607~~188.6007 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 42 0 0 0 42 ~~966~~544,~~607~~188.6007 0.00 0.00 0.00 ~~966~~544,~~607~~188.6007 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~634921~~321027% 0.000000% 0.000000% 0.000000% 0.~~634921~~321027% 0.~~339688~~193068% 0.000000% 0.000000% 0.000000% 0.~~339688~~193068% 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.~~634921~~321027% 0.000000% 0.000000% 0.000000% 0.~~634921~~321027% 0.~~339688~~193068% 0.000000% 0.000000% 0.000000% 0.~~339688~~193068% 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 43 0 0 0 43 1897,~~133,787~~848.2834 0.00 0.00 0.00 1897,~~133,787~~848.2834 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 43 0 0 0 43 1897,~~133,787~~848.2834 0.00 0.00 0.00 1897,~~133,787~~848.2834 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.~~481481~~140684% 0.000000% 0.000000% 0.000000% 1.~~481481~~140684% 10.~~198094~~972139% 0.000000% 0.000000% 0.000000% 10.~~198094~~972139% 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 1.~~481481~~140684% 0.000000% 0.000000% 0.000000% 1.~~481481~~140684% 10.~~198094~~972139% 0.000000% 0.000000% 0.000000% 10.~~198094~~972139% 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 21 0 0 0 21 ~~442~~318,~~856~~878.8700 0.00 0.00 0.00 ~~442~~318,~~856~~878.8700 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 21 0 0 0 21 ~~442~~318,~~856~~878.8700 0.00 0.00 0.00 ~~442~~318,~~856~~878.8700 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~598802~~308642% 0.000000% 0.000000% 0.000000% 0.~~598802~~308642% 0.~~355251~~266079% 0.000000% 0.000000% 0.000000% 0.~~355251~~266079% 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.~~598802~~308642% 0.000000% 0.000000% 0.000000% 0.~~598802~~308642% 0.~~355251~~266079% 0.000000% 0.000000% 0.000000% 0.~~355251~~266079% 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%

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.~~034099~~018131% Weighted Average Net Coupon 3.~~709274~~693085% Weighted Average Pass-Through Rate 3.~~689275~~673085% Weighted Average Maturity(Stepdown Calculation ) ~~348~~347 Beginning Scheduled Collateral Loan Count 1,~~278~~258 Number Of Loans Paid In Full 2024 Ending Scheduled Collateral Loan Count 1,~~258~~234 Beginning Scheduled Collateral Balance ~~524~~516,~~803~~984,~~811~~433.1054 Ending Scheduled Collateral Balance ~~516~~507,~~984~~200,~~433~~645.5444 Ending Actual Collateral Balance at 3031-~~Nov~~Dec-2003 ~~517~~507,~~070~~277,~~409~~522.2521 Monthly P &I Constant 1,~~879~~842,~~688~~176.5800 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 911,~~342~~275,~~076~~758.6950 Ending Scheduled Balance for Premium Loans ~~516~~507,~~984~~200,~~433~~645.5444 Scheduled Principal ~~115~~111,~~429~~085.8846 Unscheduled Principal 79,~~703~~672,~~947~~702.6864

Miscellaneous Reporting Senior Percentage Group 1 96.~~569060~~552218% Senior PrePayment Percentage Grp 1 100.000000% Subordinate Percentage Group 1 3.~~430940~~447782% Subordinate PrePayment Percentage Grp 1 0.000000% Senior Percentage Group 2 94.~~178688~~001384% Senior PrePayment Percentage Grp 2 100.000000% Subordinate Percentage Group 2 5.~~821312~~998616% Subordinate PrePayment Percentage Grp 2 0.000000% Senior Percentage Group 3 92.~~916936~~722452% Senior PrePayment Percentage Grp 3 100.000000% Subordinate Percentage Group 3 7.~~083064~~277548% Subordinate PrePayment Percentage Grp 3 0.000000% Senior Percentage Group 4 96.~~528072~~527010% Senior PrePayment Percentage Grp 4 100.000000% Subordinate Percentage Group 4 3.~~471928~~472990% Subordinate PrePayment Percentage Grp 4 0.000000%

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 3.~~116450~~115594 4.~~804317~~792551 5.~~305940~~293838 Weighted Average Net Rate 2.~~741912~~741058 4.~~549774~~538103 5.~~030864~~020245 Weighted Average Maturity ~~348~~347 ~~350~~349 ~~347~~346 Beginning Loan Count ~~634~~630 ~~277~~270 ~~343~~334 Loans Paid In Full 47 7 910 Ending Loan Count ~~630~~623 ~~270~~263 ~~334~~324 Beginning Scheduled Balance ~~285~~284,~~960~~546,~~055~~951.3500 9794,~~524~~610,~~911~~054.8198 ~~128~~124,~~093~~610,~~981~~000.6338 Ending scheduled Balance ~~284~~281,~~546~~852,~~951~~351.0011 9492,~~610~~336,~~054~~380.9821 ~~124~~119,~~610~~801,~~000~~998.3812 Record Date 1112/3031/2003 1112/3031/2003 1112/3031/2003 Principal And Interest Constant ~~758~~755,~~944~~378.8536 ~~423~~408,~~699~~753.2651 ~~628~~609,~~875~~884.2469 Scheduled Principal 16,~~294~~601.7208 3330,~~248~~900.7961 6260,~~492~~163.7374 Unscheduled Principal 12,~~396~~677,~~809~~998.6381 2,~~881~~242,~~608~~774.0416 34,~~421~~747,~~488~~838.52 Scheduled Interest ~~742~~738,~~650~~777.1328 ~~390~~377,~~450~~852.4790 ~~566~~549,~~382~~720.5195 Servicing Fees 8988,~~252~~810.4483 20,~~686~~061.9010 2928,~~363~~410.0632 Master Servicing Fees 4,~~527~~505.7234 1,~~544~~497.1599 21,~~028~~972.1599 Trustee Fee ~~238~~237.3213 8178.2784 ~~106~~103.7485 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 ~~648~~645,~~631~~223.6598 ~~368~~356,~~138~~214.1597 ~~534~~519,~~884~~233.5679 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 2.~~721912~~721058 4.~~529774~~518103 5.~~010864~~000245

Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~877619~~877641 4.~~034099~~018131 Weighted Average Net Rate 5.~~627619~~627640 3.~~709274~~693085 Weighted Average Maturity ~~346~~345 ~~348~~347 Beginning Loan Count 24 1,~~278~~258 Loans Paid In Full 0 2024 Ending Loan Count 24 1,~~258~~234 Beginning Scheduled Balance 13,~~224~~217,~~862~~427.3118 ~~524~~516,~~803~~984,~~811~~433.1054 Ending scheduled Balance 13,~~217~~209,~~427~~916.1800 ~~516~~507,~~984~~200,~~433~~645.5444 Record Date 1112/3031/2003 1112/3031/2003 Principal And Interest Constant 68,~~169~~159.2344 1,~~879~~842,~~688~~176.5800 Scheduled Principal 3,~~393~~420.6403 ~~115~~111,~~429~~085.8846 Unscheduled Principal 4,~~041~~091.4915 79,~~703~~672,~~947~~702.6864 Scheduled Interest 64,~~775~~739.5941 1,~~764~~731,~~258~~090.7054 Servicing Fees 2,~~755~~753.1864 ~~142~~140,~~057~~035.5889 Master Servicing Fees 209.4129 8,~~309~~185.4361 Trustee Fee 11.02 ~~437~~430.3584 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 61,~~799~~765.9846 1,~~613~~582,~~454~~438.3420 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.~~607619~~607641 3.~~689275~~673085

Filing Compare · THORNBURG MORTGAGE SECURITIES TRUST 2002-4