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WFMBS MORTGAGE LOAN POOL
20-YEAR THROUGH 30-YEAR FIXED RATE
RELOCATION MORTGAGES
WFMBS SERIES 2001-01
POOL PROFILE (12/13/2000)
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BID TOLERANCE
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<S> <C> <C> <C>
AGGREGATE PRINCIPAL BALANCE $225,000,000 (+/- 5.00%)
MORTGAGE LOAN CUTOFF DATE 1-Jan-01
INTEREST RATE RANGE 6.625% - 9.000%
GROSS WAC 7.69% (+/- 10 Bps%)
WEIGHTED AVERAGE SERVICE FEE 25 bps
MASTER SERVICING FEE 1.7 bps
WAM (in months) 359 (+/- 1 month)
WALTV 78% (maximum 81%)
CALIFORNIA % 25% (maximum 28%)
SINGLE LARGEST ZIP CODE CONCENTRATION 2% (maximum 5%)
AVERAGE LOAN BALANCE $390,050 (maximum $400,000)
LARGEST INDIVIDUAL LOAN BALANCE $1,093,987 (maximum $1,500,000)
CASH-OUT REFINANCE % 0% (maximum 3%)
PRIMARY RESIDENCE % 100% (minimum 97%)
SINGLE-FAMILY DETACHED % 92% (minimum 89%)
FULL DOCUMENTATION % 31% (minimum 28%)
PREPAYMENT PENALTY % 0% (maximum 3%)
UNINSURED > 80% LTV % 19% (maximum 22%)
TEMPORARY BUYDOWNS 0% (maximum 3%)
WTD. AVERAGE FICO RAW SCORE 729 (minimum 725)
THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE
MORTGAGE LOANS CONTAINED IN THE PROSPECTUS SUPPLEMENT. SUCH INFORMATION
SUPERSEDES THE INFORMATION IN ALL PRIOR COLLATERAL TERM SHEETS.
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(1) All dollar amounts are approximate and all percentages are expressed
as approximate percentages of the Aggregate Principal Balance.
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WFMBS MORTGAGE LOAN POOL
20-YEAR THROUGH 30-YEAR FIXED RATE
RELOCATION MORTGAGES
WFMBS SERIES 2001-01
PRICING INFORMATION
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<S> <C> <C>
RATING AGENCIES TBD by Wells Fargo
PASS THRU RATE 7.00%
ASSUMED SIZE OF PRINCIPAL ONLY CLASS 0.16%
PRICING DATE 13-Dec-00
FINAL STRUCTURE DUE DATE 11-Jan-01 9:00 AM
SETTLEMENT DATE 30-Jan-01
ASSUMED SUB LEVELS AAA 3.000%
AA 1.250%
A 0.800%
BBB 0.550%
BB 0.300%
B 0.150%
Note: AAA Class will be rated by two rating agencies.
AA through B Classes will be rated by one rating agency.
* SHOULD MOODY'S PROVIDE A RATING ON THE TRANSACTION, PLEASE NOTE, THE RESIDUAL CLASS WILL NOT BE RATED.
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* THIS SECURITY MAY CONTAIN PLEDGED ASSET LOANS.
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WFMBS may structure the excess interest as an interest only certificate, or as fixed retained yield or servicing
fee which will be excluded from the trust for Series 2001-01. THE PRINCIPAL only CERTFICATE CREATED BY THE
DISCOUNT MORTGAGE LOANS WILL BE INCLUDED IN THE BID ON THE PRICING DATE.
WFMBS CONTACTS Brad Davis (301) 846-8009
Lori Maller (301) 846-8185
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