8-K 1 sasc0217_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: August 30, 2002
(Date of earliest event reported)

Structured Asset Securities Corporation
(as Depositor under the Trust Agreement, dated as of August 1, 2002,
providing for the issuance of Mortgage Pass-Through Certificates,
Series 2002-17)

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

Delaware 333-92140 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 2002-17,
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 4.03 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:

09/25/2002

MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

09/25/2002

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

SERIES 2002-17

PRIOR PAYMENT:

N/A

NEXT PAYMENT:

10/25/2002

RECORD DATE:

08/30/2002

ABN AMRO ACCT: 67-9076-20-8

ADMINISTRATOR:

REPORTING PACKAGE TABLE OF CONTENTS

ANALYST:

CHRISTOPHER LEWIS (312) 904-7992

HUNG HUYNH 714-238-6716

CHRISTOPHER.LEWIS@ABNAMRO.COM

HUNG.B.HUYNH@ABNAMRO.COM

PAGE(S)

ISSUE ID:

SASC0217

CLOSING DATE:

8/30/2002

STATEMENTS TO CERTIFICATEHOLDERS

PAGE 2-4

CASH RECONCILIATION SUMMARY

PAGE 5

FIRST PAYMENT DATE:

9/25/2002

MONTHLY DATA FILE NAME:

BOND INTEREST RECONCILIATION

PAGE 6

ASSUMED FINAL PAYMENT: DATE:

8/30/2032

SASC0217_200209_3.ZIP

OTHER RELATED INFORMATION

PAGE 7

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 8

ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY

PAGE 9

MODIFIED LOAN DETAIL

PAGE 10

REALIZED LOSS DETAIL

PAGE 11

PARTIES TO THE TRANSACTION

DEPOSITOR: STRUCTURED ASSET SECURITIES CORPORATION

UNDERWRITER: LEHMAN BROTHERS INC./LEHMAN CAPITAL

MASTER SERVICER: AURORA LOAN SERVICES, INC.

SPECIAL SERVICER: AURORA LOAN SERVICES, INC.

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

INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES

LASALLE WEB SITE

WWW.ETRUSTEE.NET

LASALLE FACTOR LINE

(800) 246-5761

09/23/2002 - 09:52 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.

PAGE 1 OF 11





	ABN AMRO

	LASALLE BANK		N.A.
*STRUCTURED ASSET SECURITIES CORPORATION*

										*MORTGAGE PASS-THROUGH CERTIFICATES*																											STATEMENT DATE:							09/25/2002

										*SERIES 2002-17*																											PAYMENT DATE:					09/25/2002

WAC:						7.183660%																															PRIOR PAYMENT:						N/A
																																		NEXT PAYMENT:						10/25/2002
WAMM:						288
																																		RECORD DATE:							08/30/2002
NEXT INDEX:						1.813750%				*REMIC IV*
										*ABN AMRO ACCT: 67-9076-20-8*


									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)
	1-A1						72,809,000.00					72,809,000.00					1,080,918.58			0.00			0.00				71,728,081.42				318,539.38					0.00			5.25000000%
	86358R6G7													1000.000000000			14.845947342			0.000000000			0.000000000				985.154052658					4.375000069				0.000000000					FIXED

	1-A2						15,000,000.00					15,000,000.00					190,881.00			0.00			0.00				14,809,119.00				71,875.00					0.00			5.75000000%
	86358R6H5													1000.000000000			12.725400000			0.000000000			0.000000000				987.274600000					4.791666667				0.000000000					FIXED

	1-A3						111,150,000.00					111,150,000.00					1,615,138.20			0.00			0.00				109,534,861.80				555,750.00					0.00			6.00000000%
	86358R6J1													1000.000000000			14.531157895			0.000000000			0.000000000				985.468842105					5.000000000				0.000000000					FIXED

	1-A4						48,041,000.00					48,041,000.00					702,258.22			0.00			0.00				47,338,741.78				94,080.29					0.00			2.35000000%
	86358R6K8													1000.000000000			14.617893466			0.000000000			0.000000000				985.382106534					1.958333299				0.000000000					2.363750000%

	1-A5						48,041,000.00				N	48,041,000.00					0.00			0.00			0.00				47,338,741.78				246,210.13					0.00			6.15000000%
	86358R6L6													1000.000000000			0.000000000			0.000000000			0.000000000				985.382106534					5.125000104				0.000000000					6.136250000%

	1-A6						8,541,000.00					8,541,000.00					0.00			0.00			0.00				8,541,000.00				44,484.38					0.00			6.25000000%
	86358R6M4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.208333919				0.000000000					FIXED

	1-A7						30,000,000.00					30,000,000.00					0.00			0.00			0.00				30,000,000.00				156,250.00					0.00			6.25000000%
	86358R6N2													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.208333333				0.000000000					FIXED

	1-AP						1,120,031.00					1,120,031.00					1,180.72			0.00			0.00				1,118,850.28				0.00					0.00			N/A
	86358R6P7													1000.000000000			1.054185107			0.000000000			0.000000000				998.945814893					0.000000000				0.000000000

	1-AX						34,449,085.00				N	34,449,085.00					0.00			0.00			0.00				33,572,053.25				179,422.32					0.00			6.25000000%
	86358R6Q5													1000.000000000			0.000000000			0.000000000			0.000000000				974.541217858					5.208333400				0.000000000					FIXED

	1-PAX						7,706,213.00				N	7,706,213.00					0.00			0.00			0.00				7,701,006.60				40,136.53					0.00			6.25000000%
	86358R6R3													1000.000000000			0.000000000			0.000000000			0.000000000				999.324389295					5.208333847				0.000000000					FIXED

	2-A1						50,000,000.00					50,000,000.00					416,302.46			0.00			0.00				49,583,697.54				172,916.67					0.00			4.15000000%
	86358R6S1													1000.000000000			8.326049200			0.000000000			0.000000000				991.673950800					3.458333400				0.000000000					FIXED

	2-A2						45,421,000.00					45,421,000.00					378,177.48			0.00			0.00				45,042,822.52				174,113.83					0.00			4.60000000%
	86358R6T9													1000.000000000			8.326049184			0.000000000			0.000000000				991.673950816					3.833333260				0.000000000					FIXED

	2-A3						24,726,739.00				N	24,726,739.00					0.00			0.00			0.00				24,463,179.31				118,482.29					0.00			5.75000000%
	86358R6U6													1000.000000000			0.000000000			0.000000000			0.000000000				989.341105999					4.791666625				0.000000000					FIXED

	2-A4						15,000,000.00					15,000,000.00					550,892.40			0.00			0.00				14,449,107.60				71,875.00					0.00			5.75000000%
	86358R6V4													1000.000000000			36.726160000			0.000000000			0.000000000				963.273840000					4.791666667				0.000000000					FIXED

	2-A5						49,723,000.00					49,723,000.00					2,072,404.73			0.00			0.00				47,650,595.27				229,968.88					0.00			5.55000000%
	86358R6W2													1000.000000000			41.678996239			0.000000000			0.000000000				958.321003761					4.625000101				0.000000000					FIXED

	2-A6						1,000,000.00					1,000,000.00					0.00			0.00			4,791.67				1,004,791.67				0.00					0.00			5.75000000%
	86358R6X0													1000.000000000			0.000000000			0.000000000			4.791670000				1004.791670000					0.000000000				0.000000000					FIXED

	2-AP						383,162.00					383,162.00					2,947.89			0.00			0.00				380,214.11				0.00					0.00			N/A
	86358R6Y8													1000.000000000			7.693586525			0.000000000			0.000000000				992.306413475					0.000000000				0.000000000

	2-AX						22,846,725.00				N	22,846,725.00					0.00			0.00			0.00				22,431,757.65				109,473.89					0.00			5.75000000%
	86358R6Z5													1000.000000000			0.000000000			0.000000000			0.000000000				981.836900037					4.791666639				0.000000000					FIXED

	B1						10,793,000.00					10,793,000.00					19,159.65			0.00			0.00				10,773,840.35				54,592.79					0.00			6.06979948%
	86358R7A9													1000.000000000			1.775192254			0.000000000			0.000000000				998.224807746					5.058166404				0.000000000					6.073658022%

	B2						3,754,000.00					3,754,000.00					6,664.07			0.00			0.00				3,747,335.93				18,988.36					0.00			6.06979948%
	86358R7B7													1000.000000000			1.775191795			0.000000000			0.000000000				998.224808205					5.058167288				0.000000000					6.073658022%

	B3						2,815,000.00					2,815,000.00					4,997.16			0.00			0.00				2,810,002.84				14,238.74					0.00			6.06979948%
	86358R7C5													1000.000000000			1.775190053			0.000000000			0.000000000				998.224809947					5.058166963				0.000000000					6.073658022%

	B4						1,172,000.00					1,172,000.00					2,080.52			0.00			0.00				1,169,919.48				5,928.17					0.00			6.06979948%
	86358R7E1/U8599KAM4													1000.000000000			1.775187713			0.000000000			0.000000000				998.224812287					5.058165529				0.000000000					6.073658022%

	B5						1,407,000.00					1,407,000.00					2,497.69			0.00			0.00				1,404,502.31				7,116.84					0.00			6.06979948%
	86358R7F8/U8599KAN2													1000.000000000			1.775188344			0.000000000			0.000000000				998.224811656					5.058166311				0.000000000					6.073658022%

	B6						1,178,117.84					1,178,117.84					2,091.39			0.00			0.00				1,176,026.45				5,959.12					0.00			6.06979948%
	86358R7G6/U8599KAP7													1000.000000000			1.775195935			0.000000000			0.000000000				998.224804065					5.058169733				0.000000000					6.073658022%

	RI						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00			N/A
	9ABSI937													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000

	RII						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00			N/A
	9ABSI938													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000

	RIII						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00			N/A
	9ABSI939													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000

	RIV						100.00					100.00					100.00			0.00			0.00				0.00				3.98					3.46			6.25000000%
	9ABSI940													1000.000000000			1000.000000000			0.000000000			0.000000000				0.000000000					39.800000000				34.600000000					FIXED



		TOTAL			469,307,410.84								469,307,410.84				7,048,692.16			0.00			4,791.67				462,263,510.35				2,690,406.59					3.46

																										TOTAL P&I PAYMENT				9,739,098.75


	P			0.00	0.00			0.00	0.00	0.00		0.00		0.00		0.00		N/A
	9ABSI935						0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000

	E			0.00	0.00			0.00	0.00	0.00		0.00		0.00		0.00		N/A
	9ABSI936						0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000



		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
09/23/2002 - 09:52 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.																	PAGE 2 OF 11





		ABN AMRO

		LASALLE BANK	N.A.
	*STRUCTURED ASSET SECURITIES CORPORATION*
	*MORTGAGE PASS-THROUGH CERTIFICATES*																									STATEMENT DATE:					09/25/2002
																									PAYMENT DATE:								09/25/2002
					*SERIES 2002-17*																									PRIOR PAYMENT:							N/A
																									NEXT PAYMENT:								10/25/2002
																									RECORD DATE:								08/30/2002
					*ABN AMRO ACCT: 67-9076-20-8*


*CASH RECONCILIATION SUMMARY*



				INTEREST SUMMARY								PRINCIPAL SUMMARY																				SERVICING FEE SUMMARY
				CURRENT SCHEDULED INTEREST		652,720.12				SCHEDULED PRINCIPAL:
				LESS DEFERRED INTEREST		0.00				CURRENT SCHEDULED PRINCIPAL							216,775.23										CURRENT SERVICING FEES									26,920.53
				LESS PPIS REDUCING SCHEDULED INT		0.00																					PLUS FEES ADVANCED FOR PPIS									0.00
										ADVANCED SCHEDULED PRINCIPAL							616,704.30										LESS REDUCTION FOR PPIS									0.00
				PLUS GROSS ADVANCE INTEREST		2,069,398.63				SCHEDULED PRINCIPAL										833,479.53
				LESS ASER INTEREST ADV REDUCTION					0.00																		PLUS DELINQUENT SERVICING FEES									87,335.48
				LESS OTHER INTEREST NOT ADVANCED		0.00				UNSCHEDULED PRINCIPAL:
				LESS OTHER ADJUSTMENT		0.00				CURTAILMENTS							129,666.67											TOTAL SERVICING FEES									114,256.02
										PREPAYMENTS IN FULL							6,080,754.30
				TOTAL		2,722,118.76
				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											6,210,420.97
				TOTAL		0.00				REMITTANCE PRINCIPAL							7,043,900.50

				LESS FEE PAID TO SERVICER		(26,920.53)					REMITTANCE P&I DUE TRUST								9,739,098.72
				LESS FEE STRIPS PAID BY SERVICER		0.00
											REMITTANCE P&I DUE CERTS							9,739,098.72
				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				469,307,410.84									1,319				REDUCED BY PPIE									0.00
				INTEREST DUE SERV ON ADVANCES		0.00				SCHEDULED PRINCIPAL				833,479.53													REDUCED BY SHORTFALLS IN FEES									0.00
				NON RECOVERABLE ADVANCES		0.00				UNSCHEDULED PRINCIPAL				6,210,420.97								17					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		2,695,198.22				ENDING POOL					462,263,510.34							1,302						PPIS DUE CERTIFICATE									0.00
				LESS FEES & EXPENSES PAID BY/TO TRUST																										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					616,704.30					2,069,398.63
				PLUS INTEREST RESERVE DEPOSIT		0.00																							LESS RECOVERED					0.00						0.00
				TOTAL				0.00																					LESS NON RECOVERED					0.00						0.00
																									ENDING OUTSTANDING			616,704.30							2,069,398.63
				TOTAL INTEREST DUE CERTS		2,695,198.22


		09/23/2002 - 09:52 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.																																				PAGE 5 OF 11





	ABN AMRO

	LASALLE BANK	N.A.

					*STRUCTURED ASSET SECURITIES CORPORATION*

															*MORTGAGE PASS-THROUGH CERTIFICATES*																																				STATEMENT DATE:					09/25/2002
																																																			PAYMENT DATE:					09/25/2002
															*SERIES 2002-17*
																																																			PRIOR PAYMENT:						N/A
																																		NEXT PAYMENT:									10/25/2002
																																		RECORD DATE:										08/30/2002


															*ABN AMRO ACCT: 67-9076-20-8*
															*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)

		1-A1							30/360	30	5.250000000%						318,539.38									0.00					0.00				0.00					0.00				0.00			0.00					318,539.38			318,539.38				0.00		0.00			4.50%	4.56%
		1-A2							30/360	30	5.750000000%						71,875.00									0.00					0.00				0.00					0.00				0.00			0.00					71,875.00			71,875.00				0.00		0.00			4.50%	4.56%
		1-A3							30/360	30	6.000000000%						555,750.00									0.00					0.00				0.00					0.00				0.00			0.00					555,750.00			555,750.00				0.00		0.00			4.50%	4.56%
		1-A4							30/360	30	2.350000000%						94,080.29									0.00					0.00				0.00					0.00				0.00			0.00					94,080.29			94,080.29				0.00		0.00			4.50%	4.56%
		1-A5							30/360	30	6.150000000%						246,210.13									0.00					0.00				0.00					0.00				0.00			0.00					246,210.13			246,210.13				0.00		0.00			4.50%	4.56%
		1-A6							30/360	30	6.250000000%						44,484.38									0.00					0.00				0.00					0.00				0.00			0.00					44,484.38			44,484.38				0.00		0.00			4.50%	4.56%
		1-A7							30/360	30	6.250000000%						156,250.00									0.00					0.00				0.00					0.00				0.00			0.00					156,250.00			156,250.00				0.00		0.00			4.50%	4.56%
		1-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			4.50%	4.56%
		1-AX							30/360	30	6.250000000%						179,422.32									0.00					0.00				0.00					0.00				0.00			0.00					179,422.32			179,422.32				0.00		0.00			NA	NA
		1-PAX							30/360	30	6.250000000%						40,136.53									0.00					0.00				0.00					0.00				0.00			0.00					40,136.53			40,136.53				0.00		0.00			NA	NA
		2-A1							30/360	30	4.150000000%						172,916.67									0.00					0.00				0.00					0.00				0.00			0.00					172,916.67			172,916.67				0.00		0.00			4.50%	4.56%
		2-A2							30/360	30	4.600000000%						174,113.83									0.00					0.00				0.00					0.00				0.00			0.00					174,113.83			174,113.83				0.00		0.00			4.50%	4.56%
		2-A3							30/360	30	5.750000000%						118,482.29									0.00					0.00				0.00					0.00				0.00			0.00					118,482.29			118,482.29				0.00		0.00			NA	NA
		2-A4							30/360	30	5.750000000%						71,875.00									0.00					0.00				0.00					0.00				0.00			0.00					71,875.00			71,875.00				0.00		0.00			4.50%	4.56%
		2-A5							30/360	30	5.550000000%						229,968.88									0.00					0.00				0.00					0.00				0.00			0.00					229,968.88			229,968.88				0.00		0.00			4.50%	4.56%
		2-A6							30/360	30	5.750000000%						4,791.67									0.00					4,791.67				0.00					0.00				0.00			0.00					0.00			0.00				0.00		0.00			4.50%	4.56%
		2-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			4.50%	4.56%
		2-AX							30/360	30	5.750000000%						109,473.89									0.00					0.00				0.00					0.00				0.00			0.00					109,473.89			109,473.89				0.00		0.00			NA	NA
		B1							30/360	30	6.069799481%						54,592.79									0.00					0.00				0.00					0.00				0.00			0.00					54,592.79			54,592.79				0.00		0.00			2.20%	2.23%
		B2							30/360	30	6.069799481%						18,988.36									0.00					0.00				0.00					0.00				0.00			0.00					18,988.36			18,988.36				0.00		0.00			1.40%	1.42%
		B3							30/360	30	6.069799481%						14,238.74									0.00					0.00				0.00					0.00				0.00			0.00					14,238.74			14,238.74				0.00		0.00			0.80%	0.81%
		B4							30/360	30	6.069799481%						5,928.17									0.00					0.00				0.00					0.00				0.00			0.00					5,928.17			5,928.17				0.00		0.00			0.55%	0.56%
		B5							30/360	30	6.069799481%						7,116.84									0.00					0.00				0.00					0.00				0.00			0.00					7,116.84			7,116.84				0.00		0.00			0.25%	0.25%
		B6							30/360	30	6.069799481%						5,959.12									0.00					0.00				0.00					0.00				0.00			0.00					5,959.12			5,959.12				0.00		0.00			0.00%	0.00%
		RIV							30/360	30	6.250000000%						0.52									0.00					0.00				0.00					0.00				0.00			0.00					0.52			3.98				0.00		0.00			4.50%	4.56%
		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
		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
																		2,695,194.80							0.00					4,791.67					0.00			0.00						0.00				0.00				2,690,403.13		2,690,406.59					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 6 OF 11
	09/23/2002 - 09:52 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

MORTGAGE PASS-THROUGH CERTIFICATES

STATEMENT DATE:

09/25/2002

SERIES 2002-17

PAYMENT DATE:

09/25/2002

PRIOR PAYMENT:

N/A

NEXT PAYMENT:

10/25/2002

RECORD DATE:

08/30/2002

ABN AMRO ACCT: 67-9076-20-8

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

5,403,487.00

0.00

5,403,487.00

9,386,148.00

0.00

9,386,148.00

100,000.00

0.00

100,000.00

TOTAL

NUMBER OF PAYOFFS:

AGGREGATE PAYOFF AMOUNTS:

6,080,754.30

NUMBER OF CURTAILMENTS:

200

AGGREGATE CURTAILMENT AMOUNTS:

137,239.06

NUMBER OF LOANS IN FORECLOSURE:

BOOK VALUE OF LOANS IN FORECLOSURE:

0.00

PRIOR REALIZED LOSSES ALLOCATED TO THE CERTIFICATES:

0.00

CURRENT REALIZED LOSSES ALLOCATED TO THE CERTIFICATES:

0.00

CUMULATIVE REALIZED LOSSES ALLOCATED TO THE CERTIFICATES SINCE CUTOFF:

0.00

09/23/2002 - 09:52 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.

PAGE 7 OF 11





		ABN AMRO

		LASALLE BANK		N.A.
		*STRUCTURED ASSET SECURITIES CORPORATION*

																																	STATEMENT DATE:							09/25/2002
												*MORTGAGE PASS-THROUGH CERTIFICATES*																															PAYMENT DATE:							09/25/2002
																																											*SERIES 2002-17*
												PRIOR PAYMENT:									N/A
																																	NEXT PAYMENT:								10/25/2002
																																	RECORD DATE:									08/30/2002

												*ABN AMRO ACCT: 67-9076-20-8*

												*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								# BALANCE					# BALANCE					# BALANCE						# BALANCE							# BALANCE							# BALANCE							# BALANCE


					9/25/02		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%			0.00%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				09/23/2002 - 09:52 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.																																											PAGE 8 OF 11

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

MORTGAGE PASS-THROUGH CERTIFICATES

STATEMENT DATE:

09/25/2002

PAYMENT DATE:

09/25/2002

SERIES 2002-17

PRIOR PAYMENT:

N/A

NEXT PAYMENT:

10/25/2002

RECORD DATE:

08/30/2002

ABN AMRO ACCT: 67-9076-20-8

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

9/25/02

1,302

462,263,510

6,080,754

288

7.18%

6.89%

98.71%

98.50%

1.29%

1.30%

0.00%

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

PAGE 9 OF 11

09/23/2002 - 09:52 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

STATEMENT DATE:

09/25/2002

MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

09/25/2002

SERIES 2002-17

PRIOR PAYMENT:

N/A

NEXT PAYMENT:

10/25/2002

RECORD DATE:

08/30/2002

ABN AMRO ACCT: 67-9076-20-8

MODIFIED LOAN DETAIL

CUTOFF

MATURITY

DATE

MODIFIED

MATURITY

DATE

DISCLOSURE

CONTROL #

MODIFICATION

DATE

MODIFICATION

DESCRIPTION

09/23/2002 - 09:52 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.

PAGE 10 OF 11

ABN AMRO

LASALLE BANK

N.A.

STRUCTURED ASSET SECURITIES CORPORATION

STATEMENT DATE:

09/25/2002

MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

09/25/2002

SERIES 2002-17

PRIOR PAYMENT:

N/A

NEXT PAYMENT:

10/25/2002

RECORD DATE:

08/30/2002

ABN AMRO ACCT: 67-9076-20-8

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..

09/23/2002 - 09:52 (I882-I905, I935-I940) 2002 LASALLE BANK N.A.

PAGE 11 OF 11

STRUCTURED ASSET SECURITIES CORP MORT PAS THR CE SE 2002 17 8-K