8-K 1 sasc0215_200209.htm MONTHLY DISTRIBUTION STATEMENTS 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: July 30, 2002
(Date of earliest event reported)

Structured Asset Securities Corporation
(as Depositor under the Trust Agreement, dated as of July 1, 2002,
providing for the issuance of Mortgage Pass-Through Certificates,
Series 2002-15)

Structured Asset Securities Corporation
(Exact name of registrant as specified in charter)

Delaware 333-82904 74-2440850
(State or other juris- (Commission (I.R.S. Employer
diction of organization) File No.) Identification No.)

745 Seventh Avenue, 7th Floor, New York, NY. 10019
(Address of principal executive offices) (Zip Code)

Registrant's Telephone Number, including area code (212)526-7000

No Change
(Former name or former address, if changed since last report.)

ITEM 5. OTHER EVENTS

This current report on Form 8-K relates to the monthly distribution
reported to the holders of Structured Asset Securities Corporation
Mortgage Pass-Through Certificates Series 2002-15,
which was made on September 25, 2002.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS

(c) Exhibits

Exhibit No. Description

99.1 Monthly distribution report pursuant to Section 5.02 of the
Trust Agreement for distribution on September 25, 2002.

Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on behalf of
the Registrant by the undersigned thereunto duly authorized.

LASALLE BANK NATIONAL ASSOCIATION,
IN ITS CAPACITY AS TRUSTEE
UNDER THE TRUST AGREEMENT ON
BEHALF OF STRUCTURED ASSET SECURITIES CORPORATION

By: /s Russell Goldenberg
Russell Goldenberg,
Group Senior Vice President

Date: September 25, 2002

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

STATEMENT DATE:

08/26/2002

REVISED DATE:

08/30/2002

STRUCTURED ASSET SECURITIES CORP., AS DEPOSITOR

PAYMENT DATE:

08/26/2002

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

AURORA LOAN SERVICES INC, AS MASTER SERVICER

AURORA LOAN SERVICES INC., AS MASTER SERVICER

PRIOR PAYMENT:

N/A

MORTGAGE PASS-THROUGH CERTIFICATES

NEXT PAYMENT:

09/25/2002

SERIES 2002-15

RECORD DATE:

07/31/2002

ABN AMRO ACCT: 67-9055-20-2

ADMINISTRATOR:

REPORTING PACKAGE TABLE OF CONTENTS

ANALYST:

STEFANIE EDWARDS 312-904-8975

HUNG HUYNH 714-238-6716

STEFANIE.EDWARDS@ABNAMRO.COM

HUNG.B.HUYNH@ABNAMRO.COM

PAGE(S)

ISSUE ID:

SASC0215

CLOSING DATE:

7/30/2002

STATEMENTS TO CERTIFICATEHOLDERS

PAGE 2-5

CASH RECONCILIATION SUMMARY

PAGE 6

FIRST PAYMENT DATE:

8/26/2002

MONTHLY DATA FILE NAME:

BOND INTEREST RECONCILIATION

PAGE 7-8

ASSUMED FINAL PAYMENT: DATE:

8/25/2032

SASC0215_200208_3.ZIP

OTHER RELATED INFORMATION

PAGE 9

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 10

ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY

PAGE 11

REALIZED LOSS DETAIL

PAGE 12

MODIFIED LOAN DETAIL

PAGE 13

PARTIES TO THE TRANSACTION

DEPOSITOR: STRUCTURED ASSET SECURITIES CORPORATION

UNDERWRITER: LEHMAN CAPITAL

MASTER SERVICER: AURORA LOAN SERVICES, INC.

RATING AGENCY: STANDARD & POOR'S RATING SERVICES/MOODY'S INVESTORS SERVICE, INC./FITCH RATINGS

INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES

LASALLE WEB SITE

WWW.ETRUSTEE.NET

LASALLE FACTOR LINE

(800) 246-5761

08/23/2002 - 10:53 (I511-I551) 2002 LASALLE BANK N.A.

PAGE 1 OF 13

08/30/2002 - 12:35 (I511-I551) 2002 LASALLE BANK N.A.

PAGE 1 OF 13

	ABN AMRO
	LASALLE BANK		N.A.
STRUCTURED ASSET SECURITIES CORPORATION
										STRUCTURED ASSET SECURITIES CORP., AS DEPOSITOR																										~~STATEMENT~~REVISED DATE:								08/2630/2002
										AURORA LOAN SERVICES INC, AS MASTER SERVICER																										PAYMENT DATE:					08/26/2002
										AURORA LOAN SERVICES INC., AS MASTER SERVICER																										PAYMENT DATE:					08/26/2002
WAC:						7.188511%				MORTGAGE PASS-THROUGH CERTIFICATES																										PRIOR PAYMENT:						N/A
																																				NEXT PAYMENT:							09/25/2002
WAMM:						350				SERIES 2002-15
																																				RECORD DATE:								07/31/2002
NEXT INDEX:						1.810000%				REMIC II
										ABN AMRO ACCT: 67-9055-20-2
									ORIGINAL							OPENING		PRINCIPAL			PRINCIPAL			NEGATIVE				CLOSING					INTEREST			INTEREST			PASS-THROUGH
				CLASS				FACE VALUE (1)								BALANCE		PAYMENT			ADJ. OR LOSS			AMORTIZATION				BALANCE					PAYMENT (2)			ADJUSTMENT			RATE
			CUSIP												PER $ 1000				PER $ 1000			PER $ 1000			PER $ 1000				PER $ 1000					PER $ 1000		PER $ 1000	NEXT RATE(3)
	A1						45,000,000.00					45,000,000.00					2,648,310.90			0.00			0.00				42,351,689.10				123,750.00				0.00			3.30000000%
	86358R2K2													1000.000000000			58.851353333			0.000000000			0.000000000				941.148646667					2.750000000			0.000000000					FIXED
	A2						30,000,000.00					30,000,000.00					496,053.73			0.00			0.00				29,503,946.28				59,750.00				0.00			2.39000000%
	86358R2L0													1000.000000000			16.535124333			0.000000000			0.000000000				983.464876000					1.991666667			0.000000000					2.360000000%
	A4						18,500,000.00					18,500,000.00					0.00			0.00			0.00				18,500,000.00				92,500.00				0.00			6.00000000%
	86358R2N6													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.000000000			0.000000000					FIXED
	A5						1,223,846.00				N	1,223,846.00					0.00			0.00			0.00				1,223,846.15				6,629.17				0.00			6.50000000%
	86358R2P1													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000122564					5.416670071			0.000000000					FIXED
	1-A3						20,800,000.00				N	20,800,000.00					0.00			0.00			0.00				20,323,155.98				114,573.33				0.00			6.61000000%
	86358R3S4													1000.000000000			0.000000000			0.000000000			0.000000000				977.074806731					5.508333173			0.000000000					6.640000000%
	1-A6						33,611,100.00					33,611,100.00					408,888.75			0.00			0.00				33,202,211.25				61,900.44				0.00			2.21000000%
	86358R2Q9													1000.000000000			12.165289146			0.000000000			0.000000000				987.834710854					1.841666592			0.000000000					2.210000000%
	1-A7						33,611,100.00				N	33,611,100.00					0.00			0.00			0.00				33,202,211.25				176,178.18				0.00			6.29000000%
	86358R2R7													1000.000000000			0.000000000			0.000000000			0.000000000				987.834710854					5.241666592			0.000000000					6.290000000%
	1-A8						50,000,000.00					50,000,000.00					0.00			0.00			0.00				50,000,000.00				237,500.00				0.00			5.70000000%
	86358R2S5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.750000000			0.000000000					FIXED
	1-A9						5,538,461.00				N	5,538,461.00					0.00			0.00			0.00				4,988,256.90				30,000.00				0.00			6.50000000%
	86358R2T3													1000.000000000			0.000000000			0.000000000			0.000000000				900.657583397					5.416667193			0.000000000					FIXED
	1-A10						2,125,000.00					2,125,000.00					36,103.17			0.00			0.00				2,088,896.83				11,510.42				0.00			6.50000000%
	86358R2U0													1000.000000000			16.989727059			0.000000000			0.000000000				983.010272941					5.416668235			0.000000000					FIXED
	1-A11						26,888,900.00					26,888,900.00					327,111.25			0.00			0.00				26,561,788.75				89,629.67				0.00			4.00000000%
	86358R3T2													1000.000000000			12.165289395			0.000000000			0.000000000				987.834710605					3.333333457			0.000000000					FIXED
	1-A12						6,651,000.00					6,651,000.00					0.00			0.00			0.00				6,651,000.00				36,026.25				0.00			6.50000000%
	86358R3U9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.416666667			0.000000000					FIXED
	2-A3						9,200,000.00				N	9,200,000.00					0.00			0.00			0.00				9,180,790.30				50,676.67				0.00			6.61000000%
	86358R3V7													1000.000000000			0.000000000			0.000000000			0.000000000				997.911989130					5.508333696			0.000000000					6.640000000%
	2-A6						68,000,000.00					68,000,000.00					619,721.70			0.00			0.00				67,380,278.30				184,166.67				0.00			3.25000000%
	86358R2V8													1000.000000000			9.113554412			0.000000000			0.000000000				990.886445588					2.708333382			0.000000000					FIXED
	2-A7						43,999,999.00				N	43,999,999.00					0.00			0.00			0.00				43,630,710.68				238,333.33				0.00			6.50000000%
	86358R2W6													1000.000000000			0.000000000			0.000000000			0.000000000				991.607083446					5.416666714			0.000000000					FIXED
	2-A8						50,000,000.00					50,000,000.00					0.00			0.00			0.00				50,000,000.00				237,500.00				0.00			5.70000000%
	86358R2X4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.750000000			0.000000000					FIXED
	2-A9						2,125,000.00					2,125,000.00					10,378.18			0.00			0.00				2,114,621.82				11,510.42				0.00			6.50000000%
	86358R2Y2													1000.000000000			4.883849412			0.000000000			0.000000000				995.116150588					5.416668235			0.000000000					FIXED
	2-A10						10,215,000.00					10,215,000.00					0.00			0.00			0.00				10,215,000.00				55,331.25				0.00			6.50000000%
	86358R2Z9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.416666667			0.000000000					FIXED
	3-A2						37,779,250.00					37,779,250.00					595,858.41			0.00			0.00				37,183,391.59				74,299.19				0.00			2.36000000%
	86358R3A3													1000.000000000			15.772107969			0.000000000			0.000000000				984.227892031					1.966666623			0.000000000					2.360000000%
	3-A3						37,779,250.00				N	37,779,250.00					0.00			0.00			0.00				37,183,391.59				193,303.83				0.00			6.14000000%
	86358R3B1													1000.000000000			0.000000000			0.000000000			0.000000000				984.227892031					5.116666689			0.000000000					6.140000000%
	3-A6						42,940,750.00					42,940,750.00					680,000.00			0.00			0.00				42,260,750.00				169,973.80				0.00			4.75000000%
	86358R3C9													1000.000000000			15.835773711			0.000000000			0.000000000				984.164226289					3.958333285			0.000000000					FIXED
	3-A7						50,000,000.00					50,000,000.00					0.00			0.00			0.00				50,000,000.00				241,666.67				0.00			5.80000000%
	86358R3D7													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.833333400			0.000000000					FIXED
	3-A8						12,705,813.00				N	12,705,813.00					0.00			0.00			0.00				12,202,716.31				68,823.15				0.00			6.50000000%
	86358R3E5													1000.000000000			0.000000000			0.000000000			0.000000000				960.404211049					5.416666372			0.000000000					FIXED
	3-A9						6,500,000.00					6,500,000.00					0.00			0.00			0.00				6,500,000.00				35,208.33				0.00			6.50000000%
	86358R3F2													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.416666154			0.000000000					FIXED
	3-A10						2,125,000.00					2,125,000.00					30,838.61			0.00			0.00				2,094,161.39				11,510.42				0.00			6.50000000%
	86358R3G0													1000.000000000			14.512287059			0.000000000			0.000000000				985.487712941					5.416668235			0.000000000					FIXED
	AP						1,507,056.00					1,507,056.00					21,270.44			0.00			0.00				1,485,785.55				0.00				0.00			0.00000000%
	86358R3M7													1000.000000000			14.113901540			0.000000000			0.000000000				985.886091824					0.000000000			0.000000000					FIXED
	86358R3K1													1000.000000000			14.113901540			0.000000000			0.000000000				985.886091824					0.000000000			0.000000000					FIXED
	AX						22,845,908.00				N	22,845,908.00					0.00			0.00			0.00				22,509,248.88				123,748.67				0.00			6.50000000%
	86358R3K1													1000.000000000			0.000000000			0.000000000			0.000000000				985.263920348					5.416666740			0.000000000					FIXED
	86358R3L9													1000.000000000			0.000000000			0.000000000			0.000000000				985.263920348					5.416666740			0.000000000					FIXED
	PAX						12,760,552.00				N	12,760,552.00					0.00			0.00			0.00				12,751,424.63				69,119.66				0.00			6.50000000%
	86358R3L9													1000.000000000			0.000000000			0.000000000			0.000000000				999.284719815					5.416666928			0.000000000					FIXED
	86358R3M7													1000.000000000			0.000000000			0.000000000			0.000000000				999.284719815					5.416666928			0.000000000					FIXED
	B1						10,865,000.00					10,865,000.00					8,692.21			0.00			0.00				10,856,307.79				58,852.08				0.00			6.50000000%
	86358R3N5													1000.000000000			0.800019328			0.000000000			0.000000000				999.199980672					5.416666360			0.000000000					FIXED
	B2						4,043,000.00					4,043,000.00					3,234.48			0.00			0.00				4,039,765.52				21,899.58				0.00			6.50000000%
	86358R3P0													1000.000000000			0.800019787			0.000000000			0.000000000				999.199980213					5.416665842			0.000000000					FIXED
	B3						2,779,000.00					2,779,000.00					2,223.25			0.00			0.00				2,776,776.75				15,052.92				0.00			6.50000000%
	86358R3Q8													1000.000000000			0.800017992			0.000000000			0.000000000				999.199982008					5.416667866			0.000000000					FIXED
	B4						1,262,000.00					1,262,000.00					1,009.62			0.00			0.00				1,260,990.38				6,835.83				0.00			6.50000000%
	86358R2B2/U85985JG2													1000.000000000			0.800015848			0.000000000			0.000000000				999.199984152					5.416664025			0.000000000					FIXED
	B5						1,262,000.00					1,262,000.00					1,009.62			0.00			0.00				1,260,990.38				6,835.83				0.00			6.50000000%
	86358R2C0/U85985JH0													1000.000000000			0.800015848			0.000000000			0.000000000				999.199984152					5.416664025			0.000000000					FIXED
	B6						1,272,672.00					1,272,672.00					1,018.16			0.00			0.00				1,271,653.84				6,893.64				0.00			6.50000000%
	86358R2D8/U85985JJ6													1000.000000000			0.800017601			0.000000000			0.000000000				999.199982399					5.416666667			0.000000000					FIXED
	RII						100.00					100.00					100.00			0.00			0.00				0.00				0.54				0.00			6.50000000%
	86358R3R6													1000.000000000			1000.000000000			0.000000000			0.000000000				0.000000000					5.400000000			0.000000000					FIXED
	RI						0.00					0.00					0.00			0.00			0.00				0.00				0.00				0.00			0.00000000%
	9ABSI548													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000			0.000000000					FIXED
		TOTAL			505,451,828.00								505,451,828.00				5,891,822.48			0.00			0.00				499,560,005.52				2,921,489.94				0.00
																										TOTAL P&I PAYMENT				8,813,312.42

	E			0.00	0.00			0.00	0.00	0.00		0.00		0.00		0.00		0.00000000%
	9ABSI550						0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000			FIXED
	P			0.00	0.00			0.00	0.00	0.00		0.00		0.00		0.00		0.00000000%
	9ABSI551						0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000			FIXED
		TOTAL	0.00			0.00		0.00	0.00	0.00		0.00		0.00		0.00
											TOTAL P&I PAYMENT		0.00
NOTES: (1) N DENOTES NOTIONAL BALANCE NOT INCLUDED IN TOTAL (2) ACCRUED INTEREST PLUS/MINUS INTEREST ADJUSTMENT MINUS DEFERRED INTEREST EQUALS INTEREST PAYMENT (3) ESTIMATED. * DENOTES CONTROLLING CLASS
08/23/2002 - 10:53 (I511-I551) 2002 LASALLE BANK N.A.																	PAGE 2 OF 13
08/30/2002 - 12:35 (I511-I551) 2002 LASALLE BANK N.A.																	PAGE 2 OF 13

		ABN AMRO
		LASALLE BANK	N.A.
	STRUCTURED ASSET SECURITIES CORPORATION
	STRUCTURED ASSET SECURITIES CORP., AS DEPOSITOR																														~~STATEMENT~~REVISED DATE:					08/2630/2002
																																		PAYMENT DATE:								08/26/2002
						AURORA LOAN SERVICES INC, AS MASTER SERVICER																												PRIOR PAYMENT:								N/A
						AURORA LOAN SERVICES INC., AS MASTER SERVICER																												PRIOR PAYMENT:								N/A
						MORTGAGE PASS-THROUGH CERTIFICATES
																																		NEXT PAYMENT:								09/25/2002
						SERIES 2002-15																												RECORD DATE:								07/31/2002
						ABN AMRO ACCT: 67-9055-20-2
CASH RECONCILIATION SUMMARY
				INTEREST SUMMARY									PRINCIPAL SUMMARY																	SERVICING FEE SUMMARY
				CURRENT SCHEDULED INTEREST			3,026,027.91				SCHEDULED PRINCIPAL:
				LESS DEFERRED INTEREST			0.00				CURRENT SCHEDULED PRINCIPAL							404,809.65								CURRENT SERVICING FEES								105,239.96
				LESS PPIS REDUCING SCHEDULED INT			0.00																			PLUS FEES ADVANCED FOR PPIS								0.00
											ADVANCED SCHEDULED PRINCIPAL							0.00								LESS REDUCTION FOR PPIS								0.00
				PLUS GROSS ADVANCE INTEREST			1,781.25				SCHEDULED PRINCIPAL										404,809.65
				LESS ASER INTEREST ADV REDUCTION						0.00																PLUS DELINQUENT SERVICING FEES								62.50
				LESS OTHER INTEREST NOT ADVANCED			0.00				UNSCHEDULED PRINCIPAL:
				LESS OTHER ADJUSTMENT			0.00				CURTAILMENTS							113,269.35									TOTAL SERVICING FEES								105,302.46
											PREPAYMENTS IN FULL							5,373,743.49
				TOTAL			3,027,809.16
				UNSCHEDULED INTEREST:							LIQUIDATION PROCEEDS							0.00
											REPURCHASE PROCEEDS							0.00
				PREPAYMENT PENALTIES			0.00
				YIELD MAINTENANCE PENALTIES			0.00				OTHER PRINCIPAL PROCEEDS							0.00
				OTHER INTEREST PROCEEDS			0.00				TOTAL UNSCHEDULED PRINCIPAL											5,487,012.84
				TOTAL			0.00				REMITTANCE PRINCIPAL							5,891,822.49
				LESS FEE PAID TO SERVICER			(105,239.96)					REMITTANCE P&I DUE TRUST								8,814,391.69
				LESS FEE STRIPS PAID BY SERVICER			0.00
												REMITTANCE P&I DUE CERTS							8,814,391.69
				LESS FEES & EXPENSES PAID BY/TO SERVICER																									PPIS SUMMARY
				SPECIAL SERVICING FEES				0.00						POOL BALANCE SUMMARY
				WORKOUT FEES			0.00										BALANCE								COUNT	GROSS PPIS								0.00
				LIQUIDATION FEES			0.00
											BEGINNING POOL				505,451,829.94									1,284		REDUCED BY PPIE								0.00
				INTEREST DUE SERV ON ADVANCES			0.00				SCHEDULED PRINCIPAL				404,809.65											REDUCED BY SHORTFALLS IN FEES								0.00
				NON RECOVERABLE ADVANCES			0.00				UNSCHEDULED PRINCIPAL				5,487,012.84								13			REDUCED BY OTHER AMOUNTS								0.00
				MISC. FEES & EXPENSES			0.00				DEFERRED INTEREST				0.00
											LIQUIDATIONS				0.00								0			PPIS REDUCING SCHEDULED INTEREST								0.00
																										PPIS REDUCING SERVICING FEE								0.00
				TOTAL UNSCHEDULED FEES & EXPENSES			0.00				REPURCHASES				0.00								0
				TOTAL INTEREST DUE TRUST			2,922,569.20				ENDING POOL					499,560,007.45							1,271				PPIS DUE CERTIFICATE								0.00
				LESS FEES & EXPENSES PAID BY/TO TRUST
CERTIFICATE INSURANCE PREMIUM							1,079.17	~~1,079.17~~
					ADVANCE SUMMARY (ADVANCE MADE BY SERVICER)
																																	PRINCIPAL				INTEREST
				TRUSTEE FEE			0.00
				FEE STRIPS			0.00																					PRIOR OUTSTANDING				0.00									0.00
				MISC. FEES			0.00
				INTEREST RESERVE WITHHOLDING			0.00																					PLUS CURRENT PERIOD				0.00							1,781.25
				PLUS INTEREST RESERVE DEPOSIT			0.00																					LESS RECOVERED				0.00								0.00
				TOTAL					0.00																			LESS NON RECOVERED				0.00								0.00
																												ENDING OUTSTANDING				0.00						1,781.25
				TOTAL INTEREST DUE CERTS			2,922,569.20
		08/23/2002 - 10:53 (I511-I551) 2002 LASALLE BANK N.A.																																		PAGE 6 OF 13
		08/30/2002 - 12:35 (I511-I551) 2002 LASALLE BANK N.A.																																		PAGE 6 OF 13

	ABN AMRO
	LASALLE BANK	N.A.
					STRUCTURED ASSET SECURITIES CORPORATION
																	STRUCTURED ASSET SECURITIES CORP., AS DEPOSITOR																																												~~STATEMENT~~REVISED DATE:				08/2630/2002
																																																													PAYMENT DATE:				08/26/2002
																	AURORA LOAN SERVICES INC, AS MASTER SERVICER
																	AURORA LOAN SERVICES INC., AS MASTER SERVICER
																																																													PRIOR PAYMENT:					N/A
																	MORTGAGE PASS-THROUGH CERTIFICATES
																																																													NEXT PAYMENT:						09/25/2002
																	SERIES 2002-15
																																																													RECORD DATE:							07/31/2002
																	ABN AMRO ACCT: 67-9055-20-2
																	BOND INTEREST RECONCILIATION
																									DEDUCTIONS																ADDITIONS
																																																									REMAINING
										ACCRUAL				PASS							ACCRUED
DEFERRED &
						PRIOR							PREPAY-					OTHER	DISTRIBUTABLE							INTEREST				CURRENT PERIOD		OUTSTANDING
																																																																CREDIT SUPPORT
															THRU								CERTIFICATE						ALLOCABLE					ACCRETION			INTEREST	INT. SHORT-							MENT				INTEREST		CERTIFICATE			PAYMENT		(SHORTFALL)/				INTEREST
			CLASS				METHOD DAYS									RATE						INTEREST						PPIS					INTEREST			LOSS/EXP				FALLS DUE (3)				PENALTIES				PROCEEDS (1)
INTEREST (2)
				AMOUNT				RECOVERY				SHORTFALLS				ORIGINAL								CURRENT(4)
		A1							30/360		30	3.300000000%							123,750.00								0.00					0.00			0.00				0.00			0.00				0.00				123,750.00			123,750.00		0.00			0.00					4.25%						4.30%
		A2							30/360		30	2.390000000%							59,750.00								0.00					0.00			0.00				0.00			0.00				0.00				59,750.00			59,750.00		0.00			0.00					4.25%						4.30%
		A4							30/360		30	6.000000000%							92,500.00								0.00					0.00			0.00				0.00			0.00				0.00				92,500.00			92,500.00		0.00			0.00					4.25%						4.30%
		A5							30/360		30	6.500000000%							6,629.17								0.00					0.00			0.00				0.00			0.00				0.00				6,629.17			6,629.17		0.00			0.00					NA						NA
		1-A3							30/360		30	6.610000000%							114,573.33								0.00					0.00			0.00				0.00			0.00				0.00				114,573.33			114,573.33		0.00			0.00					NA						NA
		1-A6							30/360		30	2.210000000%							61,900.44								0.00					0.00			0.00				0.00			0.00				0.00				61,900.44			61,900.44		0.00			0.00					4.25%						4.30%
		1-A7							30/360		30	6.290000000%							176,178.18								0.00					0.00			0.00				0.00			0.00				0.00				176,178.18			176,178.18		0.00			0.00					NA						NA
		1-A8							30/360		30	5.700000000%							237,500.00								0.00					0.00			0.00				0.00			0.00				0.00				237,500.00			237,500.00		0.00			0.00					4.25%						4.30%
		1-A9							30/360		30	6.500000000%							30,000.00								0.00					0.00			0.00				0.00			0.00				0.00				30,000.00			30,000.00		0.00			0.00					NA						NA
		1-A10							30/360		30	6.500000000%							11,510.42								0.00					0.00			0.00				0.00			0.00				0.00				11,510.42			11,510.42		0.00			0.00					4.25%						4.30%
		1-A11							30/360		30	4.000000000%							89,629.67								0.00					0.00			0.00				0.00			0.00				0.00				89,629.67			89,629.67		0.00			0.00					4.25%						4.30%
		1-A12							30/360		30	6.500000000%							36,026.25								0.00					0.00			0.00				0.00			0.00				0.00				36,026.25			36,026.25		0.00			0.00					4.25%						4.30%
		2-A3							30/360		30	6.610000000%							50,676.67								0.00					0.00			0.00				0.00			0.00				0.00				50,676.67			50,676.67		0.00			0.00					NA						NA
		2-A6							30/360		30	3.250000000%							184,166.67								0.00					0.00			0.00				0.00			0.00				0.00				184,166.67			184,166.67		0.00			0.00					4.25%						4.30%
		2-A7							30/360		30	6.500000000%							238,333.33								0.00					0.00			0.00				0.00			0.00				0.00				238,333.33			238,333.33		0.00			0.00					NA						NA
		2-A8							30/360		30	5.700000000%							237,500.00								0.00					0.00			0.00				0.00			0.00				0.00				237,500.00			237,500.00		0.00			0.00					4.25%						4.30%
		2-A9							30/360		30	6.500000000%							11,510.42								0.00					0.00			0.00				0.00			0.00				0.00				11,510.42			11,510.42		0.00			0.00					4.25%						4.30%
		2-A10							30/360		30	6.500000000%							55,331.25								0.00					0.00			0.00				0.00			0.00				0.00				55,331.25			55,331.25		0.00			0.00					4.25%						4.30%
		3-A2							30/360		30	2.360000000%							74,299.19								0.00					0.00			0.00				0.00			0.00				0.00				74,299.19			74,299.19		0.00			0.00					4.25%						4.30%
		3-A3							30/360		30	6.140000000%							193,303.83								0.00					0.00			0.00				0.00			0.00				0.00				193,303.83			193,303.83		0.00			0.00					NA						NA
		3-A6							30/360		30	4.750000000%							169,973.80								0.00					0.00			0.00				0.00			0.00				0.00				169,973.80			169,973.80		0.00			0.00					4.25%						4.30%
		3-A7							30/360		30	5.800000000%							241,666.67								0.00					0.00			0.00				0.00			0.00				0.00				241,666.67			241,666.67		0.00			0.00					4.25%						4.30%
		3-A8							30/360		30	6.500000000%							68,823.15								0.00					0.00			0.00				0.00			0.00				0.00				68,823.15			68,823.15		0.00			0.00					NA						NA
		3-A9							30/360		30	6.500000000%							35,208.33								0.00					0.00			0.00				0.00			0.00				0.00				35,208.33			35,208.33		0.00			0.00					4.25%						4.30%
		3-A10							30/360		30	6.500000000%							11,510.42								0.00					0.00			0.00				0.00			0.00				0.00				11,510.42			11,510.42		0.00			0.00					4.25%						4.30%
		AP							30/360		30	0.000000000%							0.00								0.00					0.00			0.00				0.00			0.00				0.00				0.00			0.00		0.00			0.00					4.25%						4.30%
		AX							30/360		30	6.500000000%							123,748.67								0.00					0.00			0.00				0.00			0.00				0.00				123,748.67			123,748.67		0.00			0.00					NA						NA
		PAX							30/360		30	6.500000000%							69,119.66								0.00					0.00			0.00				0.00			0.00				0.00				69,119.66			69,119.66		0.00			0.00					NA						NA
		B1							30/360		30	6.500000000%							58,852.08								0.00					0.00			0.00				0.00			0.00				0.00				58,852.08			58,852.08		0.00			0.00					2.10%						2.12%
		B2							30/360		30	6.500000000%							21,899.58								0.00					0.00			0.00				0.00			0.00				0.00				21,899.58			21,899.58		0.00			0.00					1.30%						1.32%
		B3							30/360		30	6.500000000%							15,052.92								0.00					0.00			0.00				0.00			0.00				0.00				15,052.92			15,052.92		0.00			0.00					0.75%						0.76%
		B4							30/360		30	6.500000000%							6,835.83								0.00					0.00			0.00				0.00			0.00				0.00				6,835.83			6,835.83		0.00			0.00					0.50%						0.51%
		B5							30/360		30	6.500000000%							6,835.83								0.00					0.00			0.00				0.00			0.00				0.00				6,835.83			6,835.83		0.00			0.00					0.25%						0.25%
		B6							30/360		30	6.500000000%							6,893.64								0.00					0.00			0.00				0.00			0.00				0.00				6,893.64			6,893.64		0.00			0.00					0.00%						0.00%
		RII							30/360		30	N/A							0.54								0.00					0.00			0.00				0.00			0.00				0.00				0.54			0.54		0.00			0.00					4.25%						4.30%
		E							30/360		30	0.000000000%							0.00								0.00					0.00			0.00				0.00			0.00				0.00				0.00			0.00		0.00			0.00					NA						NA
		P							30/360		30	0.000000000%							0.00								0.00					0.00			0.00				0.00			0.00				0.00				0.00			0.00		0.00			0.00					NA						NA
																				2,921,489.94						0.00					0.00				0.00			0.00					0.00				0.00			2,921,489.94		2,921,489.94			0.00				0.00
	(1) OTHER INTEREST PROCEEDS ARE ADDITIONAL INTEREST AMOUNTS SPECIFICALLY ALLOCATED TO THE BOND(S) AND USED IN DETERMINING THE BONDS DISTRIBUTABLE INTEREST.
	(2) ACCRUED - DEDUCTIONS + ADDITIONS INTEREST
	(3) PRIOR INTEREST SHORTFALL AMOUNT INCLUDES INTEREST DUE ON OUTSTANDING SHORTFALLS AND LOSSES WHERE APPLICABLE.
	(4) DETERMINED AS FOLLOWS: (A) THE ENDING BALANCE OF ALL THE CLASSES LESS (B) THE SUM OF (I) THE ENDING BALANCE OF THE CLASS AND (II) THE ENDING BALANCE OF ALL CLASSES WHICH ARE NOT SUBORDINATE TO THE CLASS DIVIDED BY (A).
																																																														PAGE 7 OF 13
	08/23/2002 - 10:53 (I511-I551) 2002 LASALLE BANK N.A.
	08/30/2002 - 12:35 (I511-I551) 2002 LASALLE BANK N.A.

		ABN AMRO
		LASALLE BANK		N.A.
	STRUCTURED ASSET SECURITIES CORPORATION
	STRUCTURED ASSET SECURITIES CORP., AS DEPOSITOR																					~~STATEMENT~~REVISED DATE:			08/2630/2002
								AURORA LOAN SERVICES INC, AS MASTER SERVICER																			PAYMENT DATE:			08/26/2002
								AURORA LOAN SERVICES INC., AS MASTER SERVICER																			PAYMENT DATE:			08/26/2002
																											PRIOR PAYMENT:				N/A
								MORTGAGE PASS-THROUGH CERTIFICATES																			NEXT PAYMENT:					09/25/2002
								SERIES 2002-15																			RECORD DATE:						07/31/2002
								ABN AMRO ACCT: 67-9055-20-2
								OTHER RELATED INFORMATION
							SPECIAL HAZARD COVERAGE					FRAUD LOSS COVERAGE									BANKRUPTCY LOSS COVERAGE
BEGINNING
BALANCE
CURRENT
REDUCTION
ENDING
BALANCE
BEGINNING
BALANCE
CURRENT
REDUCTION
ENDING
BALANCE
BEGINNING
BALANCE
CURRENT
REDUCTION
ENDING
BALANCE
					7,984,591.00				0.00	7,984,591.00	5,054,518.00		0.00			5,054,518.00				169,000.00				0.00				169,000.00
																GROUP I			GROUP II				GROUP III					TOTAL
						NUMBER OF PAYOFFS:									5				3				5					13
						AGGREGATE PAYOFF AMOUNTS:									2,562,093.07			652,238.03					2,159,412.39					5,373,743.49
						NUMBER OF CURTAILMENTS:									61			69					81					211
						AGGREGATE CURTAILMENT AMOUNTS:									50,392.82			11,955.46					58,095.52					113,269.35
						NUMBER OF LOANS IN FORECLOSURE:									0			0					0					0
						BOOK VALUE OF LOANS IN FORECLOSURE:									0.00			0.00					0.00					0.00
						PRIOR REALIZED LOSSES ALLOCATED TO THE CERTIFICATES:									0.00				0.00				0.00					0.00
						CURRENT REALIZED LOSSES ALLOCATED TO THE CERTIFICATES:									0.00				0.00				0.00					0.00
						CUMULATIVE REALIZED LOSSES ALLOCATED TO THE CERTIFICATES SINCE CUTOFF:									0.00				0.00				0.00					0.00
						BEGINNING PRINCIPLE BALANCE:								168,630,690.89			168,637,383.72					168,183,755.33				505,451,829.94
						ENDING PRINCIPLE BALANCE:								165,885,399.83			167,835,759.95					165,838,847.67				499,560,007.45
			08/23/2002 - 10:53 (I511-I551) 2002 LASALLE BANK N.A.																										PAGE 9 OF 13
			08/30/2002 - 12:35 (I511-I551) 2002 LASALLE BANK N.A.																										PAGE 9 OF 13

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

STATEMENT DATE:

08/26/2002

REVISED DATE:

08/30/2002

STRUCTURED ASSET SECURITIES CORP., AS DEPOSITOR

PAYMENT DATE:

08/26/2002

AURORA LOAN SERVICES INC, AS MASTER SERVICER

AURORA LOAN SERVICES INC., AS MASTER SERVICER

PRIOR PAYMENT:

N/A

MORTGAGE PASS-THROUGH CERTIFICATES

NEXT PAYMENT:

09/25/2002

SERIES 2002-15

RECORD DATE:

07/31/2002

ABN AMRO ACCT: 67-9055-20-2

ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY

DELINQUENCY AGING CATEGORIES

SPECIAL EVENT CATEGORIES (1)

DISTRIBUTION

DATE

DELINQ 1 MONTH

DELINQ 2 MONTHS

DELINQ 3+ MONTHS

FORECLOSURE

REO

MODIFICATIONS

SPECIALLY SERVICED

BANKRUPTCY

# BALANCE

8/26/02

0.00%

(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY

08/23/2002 - 10:53 (I511-I551) 2002 LASALLE BANK N.A.

PAGE 10 OF 13

08/30/2002 - 12:35 (I511-I551) 2002 LASALLE BANK N.A.

PAGE 10 OF 13

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

STRUCTURED ASSET SECURITIES CORP., AS DEPOSITOR

~~STATEMENT~~REVISED DATE:

08/2630/2002

PAYMENT DATE:

08/26/2002

AURORA LOAN SERVICES INC, AS MASTER SERVICER

PRIOR PAYMENT:

N/A

AURORA LOAN SERVICES INC., AS MASTER SERVICER

PRIOR PAYMENT:

N/A

MORTGAGE PASS-THROUGH CERTIFICATES

NEXT PAYMENT:

09/25/2002

SERIES 2002-15

RECORD DATE:

07/31/2002

ABN AMRO ACCT: 67-9055-20-2

ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL PAYOFF/LOSS SUMMARY

ENDING POOL (1)

PAYOFFS(2)

PENALTIES

APPRAISAL REDUCT. (2)

LIQUIDATIONS (2)

REALIZED LOSSES (2)

REMAINING TERM

CURR WEIGHTED AVG.

DISTRIBUTION

DATE

# BALANCE

# AMOUNT

# BALANCE

# AMOUNT

LIFE

AMORT

COUPON REMIT

8/26/02

1,271

499,560,007

5,373,743

350

352

7.19%

6.94%

98.99%

98.83%

1.01%

1.06%

0.00%

(1) PERCENTAGE BASED ON POOL AS OF CUTOFF. (2) PERCENTAGE BASED ON POOL AS OF BEGINNING OF PERIOD.

PAGE 11 OF 13

08/23/2002 - 10:53 (I511-I551) 2002 LASALLE BANK N.A.

08/30/2002 - 12:35 (I511-I551) 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

STATEMENT DATE:

08/26/2002

REVISED DATE:

08/30/2002

STRUCTURED ASSET SECURITIES CORP., AS DEPOSITOR

PAYMENT DATE:

08/26/2002

AURORA LOAN SERVICES INC, AS MASTER SERVICER

PRIOR PAYMENT:

N/A

AURORA LOAN SERVICES INC., AS MASTER SERVICER

PRIOR PAYMENT:

N/A

MORTGAGE PASS-THROUGH CERTIFICATES

NEXT PAYMENT:

09/25/2002

RECORD DATE:

07/31/2002

SERIES 2002-15

ABN AMRO ACCT: 67-9055-20-2

REALIZED LOSS DETAIL

BEGINNING

SCHEDULED

BALANCE

GROSS PROCEEDS

AS A % OF

SCHED. BALANCE

AGGREGATE

LIQUIDATION

EXPENSES *

NET

LIQUIDATION

PROCEEDS

NET PROCEEDS

AS A % OF

SCHED. BALANCE

PERIOD

DISCLOSURE

CONTROL #

APPRAISAL

DATE

APPRAISAL

VALUE

GROSS

PROCEEDS

REALIZED

LOSS

CURRENT TOTAL

CUMULATIVE

* AGGREGATE LIQUIDATION EXPENSES ALSO INCLUDE OUTSTANDING P&I ADVANCES AND UNPAID SERVICING FEES, UNPAID TRUSTEE FEES, ETC..

08/23/2002 - 10:53 (I511-I551) 2002 LASALLE BANK N.A.

PAGE 12 OF 13

08/30/2002 - 12:35 (I511-I551) 2002 LASALLE BANK N.A.

PAGE 12 OF 13

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

STATEMENT DATE:

08/26/2002

REVISED DATE:

08/30/2002

STRUCTURED ASSET SECURITIES CORP., AS DEPOSITOR

PAYMENT DATE:

08/26/2002

AURORA LOAN SERVICES INC, AS MASTER SERVICER

PRIOR PAYMENT:

N/A

AURORA LOAN SERVICES INC., AS MASTER SERVICER

PRIOR PAYMENT:

N/A

MORTGAGE PASS-THROUGH CERTIFICATES

NEXT PAYMENT:

09/25/2002

RECORD DATE:

07/31/2002

SERIES 2002-15

ABN AMRO ACCT: 67-9055-20-2

MODIFIED LOAN DETAIL

CUTOFF

MATURITY

DATE

MODIFIED

MATURITY

DATE

DISCLOSURE

CONTROL #

MODIFICATION

DATE

MODIFICATION

DESCRIPTION

08/23/2002 - 10:53 (I511-I551) 2002 LASALLE BANK N.A.

PAGE 13 OF 13

08/30/2002 - 12:35 (I511-I551) 2002 LASALLE BANK N.A.

PAGE 13 OF 13

Filing Compare · STRUCTURED ASSET SEC CORP MORT PASS THR CERT SER 2002-15