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, 2002
WELLS FARGO ASSET SECURITIES CORPORATION
Mortgage Pass-Through Certificates, Series 2002-3 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-74308-05
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 November 25, 2002 a distribution was made to holders of WELLS FARGO ASSET
SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2002-3
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 2002-3
Trust, relating to the November
25, 2002 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.
WELLS FARGO ASSET SECURITIES CORPORATION
Mortgage Pass-Through Certificates, Series 2002-3 Trust
By: Wells Fargo Bank Minnesota, NA, as Master Servicer
By: /s/ Beth Belfield, Assistant Vice President
By: Beth Belfield, Assistant Vice President
Date: 12/3/02
INDEX TO EXHIBITS
Exhibit Number Description
EX-99.1 Monthly report distributed to holders of Mortgage
Pass-Through Certificates, Series 2002-3 Trust,
relating to the November 25, 2002 distribution.
EX-99.1
<TABLE>
<CAPTION>
Wells Fargo Asset Securities Corporation
Mortgage Pass-Through Certificates
Record Date: 10/31/02
Distribution Date: 11/25/02
WFMBS Series: 2002-3
Contact: Customer Service - SecuritiesLink
Wells Fargo Bank Minnesota, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 846-8130
Fax: (301) 815-6660
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<s> <c> <c> <c> <c> <c> <c>
A-PO 94978FAV9 PO 0.00000% 1,918,566.50 0.00 107,061.89
A-1 94978FAA5 SEQ 5.50000% 39,756,288.19 182,138.11 378,927.40
A-2 94978FAB3 SEQ 2.23000% 26,504,192.13 49,232.48 252,618.26
A-3 94978FAC1 SEQ 5.77000% 0.00 127,386.29 0.00
A-4 94978FAD9 SEQ 6.50000% 21,927,335.76 118,722.09 (118,722.09)
A-5 94978FAE7 SEQ 6.50000% 31,822,100.00 172,295.72 0.00
A-6 94978FAF4 SEQ 2.48000% 35,409,858.71 73,148.96 12,462,509.80
A-7 94978FAG2 SEQ 19.56500% 10,895,341.14 177,563.21 3,834,618.40
A-8 94978FAH0 SEQ 5.50000% 2,019,827.81 9,253.57 484,946.09
A-9 94978FAJ6 SEQ 5.50000% 71,743,000.00 328,680.94 0.00
A-10 94978FAK3 SEQ 6.50000% 8,134,000.00 44,040.26 0.00
A-11 94978FAL1 SEQ 6.50000% 38,882,000.00 210,520.43 0.00
A-12 94978FAM9 SEQ 6.50000% 7,124,000.00 38,571.77 0.00
A-13 94978FAN7 SEQ 2.58000% 42,461,472.37 91,252.98 9,512,346.86
A-14 94978FAP2 SEQ 5.92000% 0.00 4,980.10 0.00
A-15 94978FAQ0 SEQ 2.23000% 35,871,500.00 66,632.59 0.00
A-16 94978FAR8 SEQ 6.27000% 0.00 187,348.14 0.00
A-17 94978FAS6 SEQ 19.24000% 12,754,325.68 204,406.58 2,852,268.87
A-18 94978FAT4 SEQ 3.47000% 8,391,759.53 24,255.76 8,391,759.53
A-19 94978FAU1 SEQ 19.63000% 1,936,559.89 31,665.29 1,936,559.89
A-R 94978FAW7 RES 6.50000% 0.00 0.00 0.00
A-LR 94978FAX5 RES 6.50000% 0.00 0.00 0.00
B-1 94978FAY3 SUB 6.50000% 7,703,781.82 41,710.91 6,557.82
B-2 94978FAZ0 SUB 6.50000% 2,484,514.32 13,452.01 2,114.93
B-3 94978FBA4 SUB 6.50000% 1,988,008.66 10,763.76 1,692.29
B-4 94978FBB2 SUB 6.50000% 745,751.50 4,037.75 634.82
B-5 94978FBC0 SUB 6.50000% 994,004.33 5,381.88 846.14
B-6 94978FBD8 SUB 6.50000% 746,094.97 4,039.61 635.11
Totals 412,214,283.31 2,221,481.19 40,107,376.01
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
A-PO 0.00 1,811,504.62 107,061.89 0.00
A-1 0.00 39,377,360.80 561,065.51 0.00
A-2 0.00 26,251,573.86 301,850.74 0.00
A-3 0.00 0.00 127,386.29 0.00
A-4 0.00 22,046,057.85 0.00 0.00
A-5 0.00 31,822,100.00 172,295.72 0.00
A-6 0.00 22,947,348.91 12,535,658.76 0.00
A-7 0.00 7,060,722.74 4,012,181.61 0.00
A-8 0.00 1,534,881.72 494,199.66 0.00
A-9 0.00 71,743,000.00 328,680.94 0.00
A-10 0.00 8,134,000.00 44,040.26 0.00
A-11 0.00 38,882,000.00 210,520.43 0.00
A-12 0.00 7,124,000.00 38,571.77 0.00
A-13 0.00 32,949,125.51 9,603,599.84 0.00
A-14 0.00 0.00 4,980.10 0.00
A-15 0.00 35,871,500.00 66,632.59 0.00
A-16 0.00 0.00 187,348.14 0.00
A-17 0.00 9,902,056.81 3,056,675.45 0.00
A-18 0.00 0.00 8,416,015.29 0.00
A-19 0.00 0.00 1,968,225.18 0.00
A-R 0.00 0.00 0.00 0.00
A-LR 0.00 0.00 0.00 0.00
B-1 0.00 7,697,224.00 48,268.73 0.00
B-2 0.00 2,482,399.39 15,566.94 0.00
B-3 0.00 1,986,316.38 12,456.05 0.00
B-4 0.00 745,116.68 4,672.57 0.00
B-5 0.00 993,158.19 6,228.02 0.00
B-6 0.00 745,459.86 4,674.72 0.00
Totals 0.00 372,106,907.32 42,328,857.20 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<s> <c> <c> <c> <c> <c> <c>
A-PO 2,062,577.09 1,918,566.50 1,799.42 105,262.47 0.00 0.00
A-1 41,801,400.00 39,756,288.19 3,191.37 375,736.03 0.00 0.00
A-2 27,867,600.00 26,504,192.13 2,127.58 250,490.69 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 21,000,000.00 21,927,335.76 0.00 0.00 (118,722.09) 0.00
A-5 31,822,100.00 31,822,100.00 0.00 0.00 0.00 0.00
A-6 61,811,100.00 35,409,858.71 104,960.57 12,357,549.23 0.00 0.00
A-7 19,018,800.00 10,895,341.14 32,295.56 3,802,322.84 0.00 0.00
A-8 3,281,000.00 2,019,827.81 4,084.27 480,861.82 0.00 0.00
A-9 71,743,000.00 71,743,000.00 0.00 0.00 0.00 0.00
A-10 8,134,000.00 8,134,000.00 0.00 0.00 0.00 0.00
A-11 38,882,000.00 38,882,000.00 0.00 0.00 0.00 0.00
A-12 7,124,000.00 7,124,000.00 0.00 0.00 0.00 0.00
A-13 46,311,100.00 42,461,472.37 80,113.99 9,432,232.87 0.00 0.00
A-14 0.00 0.00 0.00 0.00 0.00 0.00
A-15 35,871,500.00 35,871,500.00 0.00 0.00 0.00 0.00
A-16 0.00 0.00 0.00 0.00 0.00 0.00
A-17 13,744,800.00 12,754,325.68 24,022.11 2,828,246.76 0.00 0.00
A-18 44,891,925.00 8,391,759.53 70,676.28 8,321,083.25 0.00 0.00
A-19 10,359,675.00 1,936,559.89 16,309.91 1,920,249.98 0.00 0.00
A-R 50.00 0.00 0.00 0.00 0.00 0.00
A-LR 50.00 0.00 0.00 0.00 0.00 0.00
B-1 7,758,000.00 7,703,781.82 6,557.82 0.00 0.00 0.00
B-2 2,502,000.00 2,484,514.32 2,114.93 0.00 0.00 0.00
B-3 2,002,000.00 1,988,008.66 1,692.29 0.00 0.00 0.00
B-4 751,000.00 745,751.50 634.82 0.00 0.00 0.00
B-5 1,001,000.00 994,004.33 846.14 0.00 0.00 0.00
B-6 751,345.88 746,094.97 635.11 0.00 0.00 0.00
Totals 500,492,022.97 412,214,283.31 352,062.17 39,874,035.94 (118,722.09) 0.00
<FN>
(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.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
A-PO 107,061.89 1,811,504.62 0.87827244 107,061.89
A-1 378,927.40 39,377,360.80 0.94201057 378,927.40
A-2 252,618.26 26,251,573.86 0.94201057 252,618.26
A-3 0.00 0.00 0.00000000 0.00
A-4 (118,722.09) 22,046,057.85 1.04981228 (118,722.09)
A-5 0.00 31,822,100.00 1.00000000 0.00
A-6 12,462,509.80 22,947,348.91 0.37124964 12,462,509.80
A-7 3,834,618.40 7,060,722.74 0.37124964 3,834,618.40
A-8 484,946.09 1,534,881.72 0.46780912 484,946.09
A-9 0.00 71,743,000.00 1.00000000 0.00
A-10 0.00 8,134,000.00 1.00000000 0.00
A-11 0.00 38,882,000.00 1.00000000 0.00
A-12 0.00 7,124,000.00 1.00000000 0.00
A-13 9,512,346.86 32,949,125.51 0.71147361 9,512,346.86
A-14 0.00 0.00 0.00000000 0.00
A-15 0.00 35,871,500.00 1.00000000 0.00
A-16 0.00 0.00 0.00000000 0.00
A-17 2,852,268.87 9,902,056.81 0.72042204 2,852,268.87
A-18 8,391,759.53 0.00 0.00000000 8,391,759.53
A-19 1,936,559.89 0.00 0.00000000 1,936,559.89
A-R 0.00 0.00 0.00000000 0.00
A-LR 0.00 0.00 0.00000000 0.00
B-1 6,557.82 7,697,224.00 0.99216602 6,557.82
B-2 2,114.93 2,482,399.39 0.99216602 2,114.93
B-3 1,692.29 1,986,316.38 0.99216602 1,692.29
B-4 634.82 745,116.68 0.99216602 634.82
B-5 846.14 993,158.19 0.99216602 846.14
B-6 635.11 745,459.86 0.99216603 635.11
Totals 40,107,376.01 372,106,907.32 0.74348219 40,107,376.01
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<s> <c> <c> <c> <c> <c>
A-PO 2,062,577.09 930.17929332 0.87241345 51.03444158 0.00000000
A-1 41,801,400.00 951.07551876 0.07634601 8.98859919 0.00000000
A-2 27,867,600.00 951.07551888 0.07634601 8.98859931 0.00000000
A-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-4 21,000,000.00 1044.15884571 0.00000000 0.00000000 (5.65343286)
A-5 31,822,100.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-6 61,811,100.00 572.87216552 1.69808610 199.92443477 0.00000000
A-7 19,018,800.00 572.87216544 1.69808610 199.92443477 0.00000000
A-8 3,281,000.00 615.61347455 1.24482475 146.55953063 0.00000000
A-9 71,743,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-10 8,134,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-11 38,882,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-12 7,124,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-13 46,311,100.00 916.87462336 1.72990903 203.67110412 0.00000000
A-14 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-15 35,871,500.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-16 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-17 13,744,800.00 927.93825156 1.74772350 205.76849136 0.00000000
A-18 44,891,925.00 186.93249465 1.57436510 185.35812955 0.00000000
A-19 10,359,675.00 186.93249450 1.57436503 185.35812948 0.00000000
A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000
A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
B-1 7,758,000.00 993.01131993 0.84529776 0.00000000 0.00000000
B-2 2,502,000.00 993.01131894 0.84529576 0.00000000 0.00000000
B-3 2,002,000.00 993.01131868 0.84529970 0.00000000 0.00000000
B-4 751,000.00 993.01131824 0.84529960 0.00000000 0.00000000
B-5 1,001,000.00 993.01131868 0.84529471 0.00000000 0.00000000
B-6 751,345.88 993.01132789 0.84529644 0.00000000 0.00000000
<FN>
(2) Per $1000 denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
A-PO 0.00000000 51.90685503 878.27244314 0.87827244 51.90685503
A-1 0.00000000 9.06494519 942.01057381 0.94201057 9.06494519
A-2 0.00000000 9.06494495 942.01057357 0.94201057 9.06494495
A-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-4 0.00000000 (5.65343286) 1,049.81227857 1.04981228 (5.65343286)
A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-6 0.00000000 201.62252087 371.24964464 0.37124964 201.62252087
A-7 0.00000000 201.62252087 371.24964456 0.37124964 201.62252087
A-8 0.00000000 147.80435538 467.80911917 0.46780912 147.80435538
A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-12 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-13 0.00000000 205.40101315 711.47361021 0.71147361 205.40101315
A-14 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-15 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-16 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-17 0.00000000 207.51621486 720.42203670 0.72042204 207.51621486
A-18 0.00000000 186.93249465 0.00000000 0.00000000 186.93249465
A-19 0.00000000 186.93249450 0.00000000 0.00000000 186.93249450
A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-1 0.00000000 0.84529776 992.16602217 0.99216602 0.84529776
B-2 0.00000000 0.84529576 992.16602318 0.99216602 0.84529576
B-3 0.00000000 0.84529970 992.16602398 0.99216602 0.84529970
B-4 0.00000000 0.84529960 992.16601864 0.99216602 0.84529960
B-5 0.00000000 0.84529471 992.16602398 0.99216602 0.84529471
B-6 0.00000000 0.84529644 992.16603144 0.99216603 0.84529644
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
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
<s> <c> <c> <c> <c> <c> <c>
A-PO 2,062,577.09 0.00000% 1,918,566.50 0.00 0.00 0.00
A-1 41,801,400.00 5.50000% 39,756,288.19 182,216.32 0.00 0.00
A-2 27,867,600.00 2.23000% 26,504,192.13 49,253.62 0.00 0.00
A-3 0.00 5.77000% 26,504,192.13 127,440.99 0.00 0.00
A-4 21,000,000.00 6.50000% 21,927,335.76 118,773.07 0.00 0.00
A-5 31,822,100.00 6.50000% 31,822,100.00 172,369.71 0.00 0.00
A-6 61,811,100.00 2.48000% 35,409,858.71 73,180.37 0.00 0.00
A-7 19,018,800.00 19.56500% 10,895,341.14 177,639.46 0.00 0.00
A-8 3,281,000.00 5.50000% 2,019,827.81 9,257.54 0.00 0.00
A-9 71,743,000.00 5.50000% 71,743,000.00 328,822.08 0.00 0.00
A-10 8,134,000.00 6.50000% 8,134,000.00 44,059.17 0.00 0.00
A-11 38,882,000.00 6.50000% 38,882,000.00 210,610.83 0.00 0.00
A-12 7,124,000.00 6.50000% 7,124,000.00 38,588.33 0.00 0.00
A-13 46,311,100.00 2.58000% 42,461,472.37 91,292.17 0.00 0.00
A-14 0.00 5.92000% 1,009,913.91 4,982.24 0.00 0.00
A-15 35,871,500.00 2.23000% 35,871,500.00 66,661.20 0.00 0.00
A-16 0.00 6.27000% 35,871,500.00 187,428.59 0.00 0.00
A-17 13,744,800.00 19.24000% 12,754,325.68 204,494.36 0.00 0.00
A-18 44,891,925.00 3.47000% 8,391,759.53 24,266.17 0.00 0.00
A-19 10,359,675.00 19.63000% 1,936,559.89 31,678.89 0.00 0.00
A-R 50.00 6.50000% 0.00 0.00 0.00 0.00
A-LR 50.00 6.50000% 0.00 0.00 0.00 0.00
B-1 7,758,000.00 6.50000% 7,703,781.82 41,728.82 0.00 0.00
B-2 2,502,000.00 6.50000% 2,484,514.32 13,457.79 0.00 0.00
B-3 2,002,000.00 6.50000% 1,988,008.66 10,768.38 0.00 0.00
B-4 751,000.00 6.50000% 745,751.50 4,039.49 0.00 0.00
B-5 1,001,000.00 6.50000% 994,004.33 5,384.19 0.00 0.00
B-6 751,345.88 6.50000% 746,094.97 4,041.35 0.00 0.00
Totals 500,492,022.97 2,222,435.13 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
A-PO 0.00 0.00 0.00 0.00 1,811,504.62
A-1 78.21 0.00 182,138.11 0.00 39,377,360.80
A-2 21.14 0.00 49,232.48 0.00 26,251,573.86
A-3 54.70 0.00 127,386.29 0.00 26,251,573.86
A-4 50.98 0.00 118,722.09 0.00 22,046,057.85
A-5 73.99 0.00 172,295.72 0.00 31,822,100.00
A-6 31.41 0.00 73,148.96 0.00 22,947,348.91
A-7 76.25 0.00 177,563.21 0.00 7,060,722.74
A-8 3.97 0.00 9,253.57 0.00 1,534,881.72
A-9 141.14 0.00 328,680.94 0.00 71,743,000.00
A-10 18.91 0.00 44,040.26 0.00 8,134,000.00
A-11 90.40 0.00 210,520.43 0.00 38,882,000.00
A-12 16.56 0.00 38,571.77 0.00 7,124,000.00
A-13 39.19 0.00 91,252.98 0.00 32,949,125.51
A-14 2.14 0.00 4,980.10 0.00 767,440.86
A-15 28.61 0.00 66,632.59 0.00 35,871,500.00
A-16 80.45 0.00 187,348.14 0.00 35,871,500.00
A-17 87.78 0.00 204,406.58 0.00 9,902,056.81
A-18 10.42 0.00 24,255.76 0.00 0.00
A-19 13.60 0.00 31,665.29 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00
A-LR 0.00 0.00 0.00 0.00 0.00
B-1 17.91 0.00 41,710.91 0.00 7,697,224.00
B-2 5.78 0.00 13,452.01 0.00 2,482,399.39
B-3 4.62 0.00 10,763.76 0.00 1,986,316.38
B-4 1.73 0.00 4,037.75 0.00 745,116.68
B-5 2.31 0.00 5,381.88 0.00 993,158.19
B-6 1.73 0.00 4,039.61 0.00 745,459.86
Totals 953.93 0.00 2,221,481.19 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
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
<s> <c> <c> <c> <c> <c> <c>
A-PO 2,062,577.09 0.00000% 930.17929332 0.00000000 0.00000000 0.00000000
A-1 41,801,400.00 5.50000% 951.07551876 4.35909611 0.00000000 0.00000000
A-2 27,867,600.00 2.23000% 951.07551888 1.76741521 0.00000000 0.00000000
A-3 0.00 5.77000% 951.07551888 4.57308810 0.00000000 0.00000000
A-4 21,000,000.00 6.50000% 1044.15884571 5.65586048 0.00000000 0.00000000
A-5 31,822,100.00 6.50000% 1000.00000000 5.41666672 0.00000000 0.00000000
A-6 61,811,100.00 2.48000% 572.87216552 1.18393573 0.00000000 0.00000000
A-7 19,018,800.00 19.56500% 572.87216544 9.34020338 0.00000000 0.00000000
A-8 3,281,000.00 5.50000% 615.61347455 2.82156050 0.00000000 0.00000000
A-9 71,743,000.00 5.50000% 1000.00000000 4.58333329 0.00000000 0.00000000
A-10 8,134,000.00 6.50000% 1000.00000000 5.41666708 0.00000000 0.00000000
A-11 38,882,000.00 6.50000% 1000.00000000 5.41666658 0.00000000 0.00000000
A-12 7,124,000.00 6.50000% 1000.00000000 5.41666620 0.00000000 0.00000000
A-13 46,311,100.00 2.58000% 916.87462336 1.97128054 0.00000000 0.00000000
A-14 0.00 5.92000% 615.61347760 3.03702530 0.00000000 0.00000000
A-15 35,871,500.00 2.23000% 1000.00000000 1.85833322 0.00000000 0.00000000
A-16 0.00 6.27000% 1000.00000000 5.22500007 0.00000000 0.00000000
A-17 13,744,800.00 19.24000% 927.93825156 14.87794366 0.00000000 0.00000000
A-18 44,891,925.00 3.47000% 186.93249465 0.54054643 0.00000000 0.00000000
A-19 10,359,675.00 19.63000% 186.93249450 3.05790384 0.00000000 0.00000000
A-R 50.00 6.50000% 0.00000000 0.00000000 0.00000000 0.00000000
A-LR 50.00 6.50000% 0.00000000 0.00000000 0.00000000 0.00000000
B-1 7,758,000.00 6.50000% 993.01131993 5.37881155 0.00000000 0.00000000
B-2 2,502,000.00 6.50000% 993.01131894 5.37881295 0.00000000 0.00000000
B-3 2,002,000.00 6.50000% 993.01131868 5.37881119 0.00000000 0.00000000
B-4 751,000.00 6.50000% 993.01131824 5.37881491 0.00000000 0.00000000
B-5 1,001,000.00 6.50000% 993.01131868 5.37881119 0.00000000 0.00000000
B-6 751,345.88 6.50000% 993.01132789 5.37881435 0.00000000 0.00000000
<FN>
(5) All classes are per $1000 denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
A-PO 0.00000000 0.00000000 0.00000000 0.00000000 878.27244314
A-1 0.00187099 0.00000000 4.35722512 0.00000000 942.01057381
A-2 0.00075859 0.00000000 1.76665662 0.00000000 942.01057357
A-3 0.00196285 0.00000000 4.57112525 0.00000000 942.01057357
A-4 0.00242762 0.00000000 5.65343286 0.00000000 1049.81227857
A-5 0.00232511 0.00000000 5.41434161 0.00000000 1000.00000000
A-6 0.00050816 0.00000000 1.18342757 0.00000000 371.24964464
A-7 0.00400919 0.00000000 9.33619419 0.00000000 371.24964456
A-8 0.00121000 0.00000000 2.82035050 0.00000000 467.80911917
A-9 0.00196730 0.00000000 4.58136599 0.00000000 1000.00000000
A-10 0.00232481 0.00000000 5.41434227 0.00000000 1000.00000000
A-11 0.00232498 0.00000000 5.41434160 0.00000000 1000.00000000
A-12 0.00232454 0.00000000 5.41434166 0.00000000 1000.00000000
A-13 0.00084623 0.00000000 1.97043430 0.00000000 711.47361021
A-14 0.00130448 0.00000000 3.03572082 0.00000000 467.80911917
A-15 0.00079757 0.00000000 1.85753565 0.00000000 1000.00000000
A-16 0.00224273 0.00000000 5.22275734 0.00000000 1000.00000000
A-17 0.00638642 0.00000000 14.87155724 0.00000000 720.42203670
A-18 0.00023211 0.00000000 0.54031454 0.00000000 0.00000000
A-19 0.00131278 0.00000000 3.05659106 0.00000000 0.00000000
A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-1 0.00230858 0.00000000 5.37650296 0.00000000 992.16602217
B-2 0.00231015 0.00000000 5.37650280 0.00000000 992.16602318
B-3 0.00230769 0.00000000 5.37650350 0.00000000 992.16602398
B-4 0.00230360 0.00000000 5.37649800 0.00000000 992.16601864
B-5 0.00230769 0.00000000 5.37650350 0.00000000 992.16602398
B-6 0.00230253 0.00000000 5.37649850 0.00000000 992.16603144
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<s> <c> <c> <c> <c> <c> <c>
A5-1 6.50000% 0.00 0.00 13,419,000.00 13,419,000.00 100.00000000%
A5-2 6.50000% 0.00 0.00 18,403,100.00 18,403,100.00 100.00000000%
A6-1 2.48000% 0.00 0.00 11,142,960.89 11,052,173.41 93.25076071%
A6-2 2.48000% 0.00 0.00 24,266,897.83 11,895,175.50 23.80987510%
A7-1 19.56500% 0.00 0.00 3,428,603.35 3,400,668.74 93.25076067%
A7-2 19.56500% 0.00 0.00 7,466,737.79 3,660,054.00 23.80987510%
A13-1 2.58000% 0.00 0.00 1,009,913.91 767,440.86 46.78091192%
A13-2 2.58000% 0.00 0.00 41,451,558.47 32,181,684.65 72.04220371%
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 42,042,489.56
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 407,162.63
Realized Losses 0.00
Prepayment Penalties 0.00
Total Deposits 42,449,652.19
Withdrawals
Reimbursement for Servicer Advances 52,659.44
Payment of Service Fee 68,135.55
Payment of Interest and Principal 42,328,857.21
Total Withdrawals (Pool Distribution Amount) 42,449,652.20
Ending Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<s> <c>
Total Prepayment/Curtailment Interest Shortfall 24,664.28
Servicing Fee Support 23,710.35
Non-Supported Prepayment/Curtailment Interest Shortfall 953.93
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<s> <c>
Gross Servicing Fee 86,008.49
Master Servicing Fee 5,837.40
Supported Prepayment/Curtailment Interest Shortfall 23,710.35
Net Servicing Fee 68,135.55
</TABLE>
<TABLE>
<CAPTION>
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
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 1 0 0 1
485,975.19 0.00 0.00 485,975.19
30 Days 1 0 0 0 1
373,228.71 0.00 0.00 0.00 373,228.71
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 0 0 1 0 1
0.00 0.00 397,775.71 0.00 397,775.71
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 1 1 1 0 3
373,228.71 485,975.19 397,775.71 0.00 1,256,979.61
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 0.119904% 0.000000% 0.000000% 0.119904%
0.124117% 0.000000% 0.000000% 0.124117%
30 Days 0.119904% 0.000000% 0.000000% 0.000000% 0.119904%
0.095321% 0.000000% 0.000000% 0.000000% 0.095321%
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% 0.119904% 0.000000% 0.119904%
0.000000% 0.000000% 0.101591% 0.000000% 0.101591%
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 0.119904% 0.119904% 0.119904% 0.000000% 0.359712%
0.095321% 0.124117% 0.101591% 0.000000% 0.321029%
</TABLE>
<TABLE>
<CAPTION>
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 546,250.38
</TABLE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE
Current
Original $ Original % Current $ Current % Class% Prepayment%
<s> <c> <c> <c> <c> <c> <c> <c>
Class A 14,765,345.88 2.95016608% 14,649,674.50 3.93695312% 96.043787% 100.000000%
Class B-1 7,007,345.88 1.40009142% 6,952,450.50 1.86840136% 2.078671% 0.000000%
Class B-2 4,505,345.88 0.90018335% 4,470,051.11 1.20128141% 0.670384% 0.000000%
Class B-3 2,503,345.88 0.50017698% 2,483,734.73 0.66747880% 0.536414% 0.000000%
Class B-4 1,752,345.88 0.35012464% 1,738,618.05 0.46723617% 0.201222% 0.000000%
Class B-5 751,345.88 0.15012145% 745,459.86 0.20033486% 0.268207% 0.000000%
Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.201315% 0.000000%
<FN>
Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
</FN>
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year
Weighted Average Gross Coupon 6.871079%
Weighted Average Pass-Through Rate 6.500000%
Weighted Average Maturity(Stepdown Calculation ) 347
Beginning Scheduled Collateral Loan Count 914
Number Of Loans Paid In Full 80
Ending Scheduled Collateral Loan Count 834
Beginning Scheduled Collateral Balance 412,214,283.34
Ending Scheduled Collateral Balance 372,106,907.32
Ending Actual Collateral Balance at 31-Oct-2002 391,547,596.45
Ending Scheduled Balance For Wells Fargo Serviced 363,150,801.48
Ending Scheduled Balance For Other Servicers 8,956,105.84
Monthly P &I Constant 2,700,675.05
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Class A Optimal Amount 42,130,848.13
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 217,140,781.02
Ending scheduled Balance For discounted Loans 154,966,126.30
Scheduled Principal 351,062.28
Unscheduled Principal 39,756,313.74
Unpaid Principal Balance Of Outstanding Mortgage Loans
With Original LTV:
Less Than Or Equal To 80% 356,719,143.91
Greater Than 80%, less than or equal to 85% 3,752,794.67
Greater than 85%, less than or equal to 95% 11,698,810.12
Greater than 95% 0.00
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
</TABLE>