<TABLE>
<CAPTION>
Wells Fargo Asset Securities Corporation
Mortgage Pass-Through Certificates
Record Date: 10/31/2000
Distribution Date: 11/27/2000
WFMBS Series: 2000-7
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) 846-8152
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 94976BAG3 PO 0.00000% 587,007.22 0.00 482.38
A-1 94976BAA6 SEQ 7.75000% 167,628,359.95 1,082,599.82 3,102,948.68
A-2 94976BAB4 SEQ 7.75000% 20,000,000.00 129,166.67 0.00
A-3 94976BAC2 SEQ 7.40000% 40,000,000.00 246,666.67 0.00
A-4 94976BAD0 IO 7.75000% 0.00 9,666.67 0.00
A-5 94976BAE8 SEQ 8.65000% 877,800.00 6,327.48 0.00
A-6 94976BAF5 SEQ 7.65000% 7,900,200.00 50,363.78 0.00
A-R 94976BAH1 RES 7.75000% 0.00 0.00 0.00
A-LR 94976BAJ7 RES 7.75000% 0.00 0.00 0.00
B-1 94976BAK4 SUB 7.75000% 4,628,199.02 29,890.45 2,822.71
B-2 94976BAL2 SUB 7.75000% 2,251,637.31 14,541.82 1,373.26
B-3 94976BAM0 SUB 7.75000% 1,375,167.75 8,881.29 838.71
B-4 94976BAN8 SUB 7.75000% 875,470.17 5,654.08 533.94
B-5 94976BAP3 SUB 7.75000% 625,621.38 4,040.47 381.56
B-6 94976BAQ1 SUB 7.75000% 876,066.91 5,657.93 473.54
Totals 247,625,529.71 1,593,457.13 3,109,854.78
</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 0.00 586,524.84 482.38 0.00
A-1 0.00 164,525,411.27 4,185,548.50 0.00
A-2 0.00 20,000,000.00 129,166.67 0.00
A-3 0.00 40,000,000.00 246,666.67 0.00
A-4 0.00 0.00 9,666.67 0.00
A-5 0.00 877,800.00 6,327.48 0.00
A-6 0.00 7,900,200.00 50,363.78 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 4,625,376.31 32,713.16 0.00
B-2 0.00 2,250,264.05 15,915.08 0.00
B-3 0.00 1,374,329.04 9,720.00 0.00
B-4 0.00 874,936.22 6,188.02 0.00
B-5 0.00 625,239.81 4,422.03 0.00
B-6 60.76 875,532.60 6,131.47 182.16
Totals 60.76 244,515,614.14 4,703,311.91 182.16
<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 587,473.46 587,007.22 467.94 14.44 0.00 0.00
A-1 170,301,000.00 167,628,359.95 144,182.96 2,958,765.72 0.00 0.00
A-2 20,000,000.00 20,000,000.00 0.00 0.00 0.00 0.00
A-3 40,000,000.00 40,000,000.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 877,800.00 877,800.00 0.00 0.00 0.00 0.00
A-6 7,900,200.00 7,900,200.00 0.00 0.00 0.00 0.00
A-R 100.00 0.00 0.00 0.00 0.00 0.00
A-LR 100.00 0.00 0.00 0.00 0.00 0.00
B-1 4,631,000.00 4,628,199.02 2,822.71 0.00 0.00 0.00
B-2 2,253,000.00 2,251,637.31 1,373.26 0.00 0.00 0.00
B-3 1,376,000.00 1,375,167.75 838.71 0.00 0.00 0.00
B-4 876,000.00 875,470.17 533.94 0.00 0.00 0.00
B-5 626,000.00 625,621.38 381.56 0.00 0.00 0.00
B-6 876,597.10 876,066.91 473.54 0.00 0.00 60.76
Totals 250,305,270.56 247,625,529.71 151,074.62 2,958,780.16 0.00 60.76
<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 482.38 586,524.84 0.99838525 482.38
A-1 3,102,948.68 164,525,411.27 0.96608600 3,102,948.68
A-2 0.00 20,000,000.00 1.00000000 0.00
A-3 0.00 40,000,000.00 1.00000000 0.00
A-4 0.00 0.00 0.00000000 0.00
A-5 0.00 877,800.00 1.00000000 0.00
A-6 0.00 7,900,200.00 1.00000000 0.00
A-R 0.00 0.00 0.00000000 0.00
A-LR 0.00 0.00 0.00000000 0.00
B-1 2,822.71 4,625,376.31 0.99878564 2,822.71
B-2 1,373.26 2,250,264.05 0.99878564 1,373.26
B-3 838.71 1,374,329.04 0.99878564 838.71
B-4 533.94 874,936.22 0.99878564 533.94
B-5 381.56 625,239.81 0.99878564 381.56
B-6 534.30 875,532.60 0.99878565 473.54
Totals 3,109,915.54 244,515,614.14 0.97686962 3,109,854.78
</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 587,473.46 999.20636415 0.79652960 0.02457983 0.00000000
A-1 170,301,000.00 984.30637489 0.84663602 17.37374249 0.00000000
A-2 20,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-3 40,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-4 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-5 877,800.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-6 7,900,200.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000
A-LR 100.00 0.00000000 0.00000000 0.00000000 0.00000000
B-1 4,631,000.00 999.39516735 0.60952494 0.00000000 0.00000000
B-2 2,253,000.00 999.39516644 0.60952508 0.00000000 0.00000000
B-3 1,376,000.00 999.39516715 0.60952762 0.00000000 0.00000000
B-4 876,000.00 999.39517123 0.60952055 0.00000000 0.00000000
B-5 626,000.00 999.39517572 0.60952077 0.00000000 0.00000000
B-6 876,597.10 999.39517254 0.54020256 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 0.82110943 998.38525471 0.99838525 0.82110943
A-1 0.00000000 18.22037851 966.08599638 0.96608600 18.22037851
A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 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 0.00000000 0.60952494 998.78564241 0.99878564 0.60952494
B-2 0.00000000 0.60952508 998.78564137 0.99878564 0.60952508
B-3 0.00000000 0.60952762 998.78563953 0.99878564 0.60952762
B-4 0.00000000 0.60952055 998.78563927 0.99878564 0.60952055
B-5 0.00000000 0.60952077 998.78563898 0.99878564 0.60952077
B-6 0.06931349 0.60951605 998.78564508 0.99878565 0.54020256
<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 587,473.46 0.00000% 587,007.22 0.00 0.00 0.00
A-1 170,301,000.00 7.75000% 167,628,359.95 1,082,599.82 0.00 0.00
A-2 20,000,000.00 7.75000% 20,000,000.00 129,166.67 0.00 0.00
A-3 40,000,000.00 7.40000% 40,000,000.00 246,666.67 0.00 0.00
A-4 0.00 7.75000% 1,496,774.19 9,666.67 0.00 0.00
A-5 877,800.00 8.65000% 877,800.00 6,327.48 0.00 0.00
A-6 7,900,200.00 7.65000% 7,900,200.00 50,363.78 0.00 0.00
A-R 100.00 7.75000% 0.00 0.00 0.00 0.00
A-LR 100.00 7.75000% 0.00 0.00 0.00 0.00
B-1 4,631,000.00 7.75000% 4,628,199.02 29,890.45 0.00 0.00
B-2 2,253,000.00 7.75000% 2,251,637.31 14,541.82 0.00 0.00
B-3 1,376,000.00 7.75000% 1,375,167.75 8,881.29 0.00 0.00
B-4 876,000.00 7.75000% 875,470.17 5,654.08 0.00 0.00
B-5 626,000.00 7.75000% 625,621.38 4,040.47 0.00 0.00
B-6 876,597.10 7.75000% 876,066.91 5,657.93 0.00 0.00
Totals 250,305,270.56 1,593,457.13 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 0.00 586,524.84
A-1 0.00 0.00 1,082,599.82 0.00 164,525,411.27
A-2 0.00 0.00 129,166.67 0.00 20,000,000.00
A-3 0.00 0.00 246,666.67 0.00 40,000,000.00
A-4 0.00 0.00 9,666.67 0.00 1,496,774.19
A-5 0.00 0.00 6,327.48 0.00 877,800.00
A-6 0.00 0.00 50,363.78 0.00 7,900,200.00
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 0.00 0.00 29,890.45 0.00 4,625,376.31
B-2 0.00 0.00 14,541.82 0.00 2,250,264.05
B-3 0.00 0.00 8,881.29 0.00 1,374,329.04
B-4 0.00 0.00 5,654.08 0.00 874,936.22
B-5 0.00 0.00 4,040.47 0.00 625,239.81
B-6 0.00 0.00 5,657.93 0.00 875,532.60
Totals 0.00 0.00 1,593,457.13 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 587,473.46 0.00000% 999.20636415 0.00000000 0.00000000 0.00000000
A-1 170,301,000.00 7.75000% 984.30637489 6.35697864 0.00000000 0.00000000
A-2 20,000,000.00 7.75000% 1000.00000000 6.45833350 0.00000000 0.00000000
A-3 40,000,000.00 7.40000% 1000.00000000 6.16666675 0.00000000 0.00000000
A-4 0.00 7.75000% 1000.00000000 6.45833558 0.00000000 0.00000000
A-5 877,800.00 8.65000% 1000.00000000 7.20833903 0.00000000 0.00000000
A-6 7,900,200.00 7.65000% 1000.00000000 6.37500063 0.00000000 0.00000000
A-R 100.00 7.75000% 0.00000000 0.00000000 0.00000000 0.00000000
A-LR 100.00 7.75000% 0.00000000 0.00000000 0.00000000 0.00000000
B-1 4,631,000.00 7.75000% 999.39516735 6.45442669 0.00000000 0.00000000
B-2 2,253,000.00 7.75000% 999.39516644 6.45442521 0.00000000 0.00000000
B-3 1,376,000.00 7.75000% 999.39516715 6.45442587 0.00000000 0.00000000
B-4 876,000.00 7.75000% 999.39517123 6.45442922 0.00000000 0.00000000
B-5 626,000.00 7.75000% 999.39517572 6.45442492 0.00000000 0.00000000
B-6 876,597.10 7.75000% 999.39517254 6.45442473 0.00000000 0.00000000
<FN>
(5) Per $1,000 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 998.38525471
A-1 0.00000000 0.00000000 6.35697864 0.00000000 966.08599638
A-2 0.00000000 0.00000000 6.45833350 0.00000000 1000.00000000
A-3 0.00000000 0.00000000 6.16666675 0.00000000 1000.00000000
A-4 0.00000000 0.00000000 6.45833558 0.00000000 1000.00000000
A-5 0.00000000 0.00000000 7.20833903 0.00000000 1000.00000000
A-6 0.00000000 0.00000000 6.37500063 0.00000000 1000.00000000
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 0.00000000 0.00000000 6.45442669 0.00000000 998.78564241
B-2 0.00000000 0.00000000 6.45442521 0.00000000 998.78564137
B-3 0.00000000 0.00000000 6.45442587 0.00000000 998.78563953
B-4 0.00000000 0.00000000 6.45442922 0.00000000 998.78563927
B-5 0.00000000 0.00000000 6.45442492 0.00000000 998.78563898
B-6 0.00000000 0.00000000 6.45442473 0.00000000 998.78564508
<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 ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 4,796,812.71
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 0.00
Realized Losses 0.00
Total Deposits 4,796,812.71
Withdrawals
Reimbursement for Servicer Advances 10,085.61
Payment of Service Fee 53,824.49
Payment of Interest and Principal 4,705,311.92
Total Withdrawals (Pool Distribution Amount) 4,769,222.02
Ending Balance 27,590.65
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 2,676.98
Servicing Fee Support 2,676.98
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 52,993.58
Master Servicing Fee 3,507.93
Supported Prepayment/Curtailment Interest Shortfall 2,676.98
Net Servicing Fee 53,824.53
</TABLE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
Financial Guaranty 0.00 0.00 2,000.00 0.00
Reserve Fund 2,500.00 0.00 0.00 2,500.00
Reserve Fund 999.99 0.00 0.00 999.99
</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 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 1 0 0 0 1
320,859.31 0.00 0.00 0.00 320,859.31
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 1 0 0 0 1
320,859.31 0.00 0.00 0.00 320,859.31
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 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.143678% 0.000000% 0.000000% 0.000000% 0.143678%
0.130055% 0.000000% 0.000000% 0.000000% 0.130055%
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 0.143678% 0.000000% 0.000000% 0.000000% 0.143678%
0.130055% 0.000000% 0.000000% 0.000000% 0.130055%
</TABLE>
<TABLE>
<CAPTION>
OTHER INFORMATION
<S> <C>
Current Period Realized Loss - Includes Interest Shortfall 60.76
Cumulative Realized Losses - Includes Interest Shortfall 182.16
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 546,855.90
</TABLE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE
Current Next
Original $ Original % Current $ Current % Class% Prepayment%
<S> <C> <C> <C> <C> <C> <C> <C>
Class A 10,638,597.10 4.25024894% 10,625,678.03 4.34560307% 95.643948% 0.000000%
Class B-1 6,007,597.10 2.40010811% 6,000,301.72 2.45395442% 1.896197% 43.530176%
Class B-2 3,754,597.10 1.50000721% 3,750,037.67 1.53365980% 0.922507% 21.177604%
Class B-3 2,378,597.10 0.95027847% 2,375,708.63 0.97159792% 0.563413% 12.934036%
Class B-4 1,502,597.10 0.60030582% 1,500,772.41 0.61377365% 0.358685% 8.234168%
Class B-5 876,597.10 0.35021120% 875,532.60 0.35806818% 0.256320% 5.884234%
Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.358929% 8.239781%
<FN>
Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
</FN>
</TABLE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 128,584.00 0.05137087% 128,584.00 0.05258723%
Fraud 5,006,105.41 2.00000000% 5,006,105.41 2.04735613%
Special Hazard 2,503,052.71 1.00000000% 2,503,052.71 1.02367807%
<FN>
Limit of Subordinate's Exposure to Certain Types of Losses
</FN>
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year
Weighted Average Gross Coupon 8.563166%
Weighted Average Pass-Through Rate 7.750000%
Weighted Average Maturity (Stepdown Calculation) 356
Beginning Scheduled Collateral Loan Count 703
Number Of Loans Paid In Full 7
Ending Scheduled Collateral Loan Count 696
Beginning Scheduled Collateral Balance 247,625,529.71
Ending Scheduled Collateral Balance 244,515,614.15
Ending Actual Collateral Balance at 31-Oct-2000 246,710,870.32
Ending Scheduled Balance For Wells Fargo Serviced 143,101,579.96
Ending Scheduled Balance For Other Services 101,414,034.19
Monthly P&I Constant 1,805,946.23
Class A Optimal Amount 4,627,739.77
Class AP Deferred Amount 0.00
Ending Scheduled Balance for Premium Loans 227,548,458.09
Ending scheduled Balance For discounted Loans 16,967,156.06
Unpaid Principal Balance Of Outstanding Mortgage Loans With
Original LTV:
Less Than Or Equal To 80% 200,719,274.64
Greater Than 80%, less than or equal to 85% 6,221,842.47
Greater than 85%, less than or equal to 95% 37,614,884.44
Greater than 95% 0.00
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
</TABLE>