EX-1
from 10-K
1 page
Annual Report Chevy Chase Home Loan Trust 1996-1 $ 153,521,000 7.15% Asset Backed Certificates for the Year Ended December 31, 2002 Principal Interest Net Net 30 + Delq. Dist Dist Losses Loss % Delq. % Jan-2002 0 195,265 76,256 2.78% 3,588,360 10.90% Feb-2002 3,099,316 195,265 31,172 1.18% 2,952,649 9.35% Mar-2002 0 176,798 32,268 1.21% 2,533,789 7.91% Apr-2002 (0) 176,798 34,164 1.35% 2,092,094 6.88% May-2002 3,385,780 176,798 356 0.01% 1,681,117 5.76% Jun-2002 (0) 156,624 (30,088) -1.29% 1,580,272 5.66% Jul-2002 0 156,624 (14,621) -0.66% 1,787,710 6.68% Aug-2002 3,154,514 156,624 (43,612) -2.07% 2,075,722 8.20% Sep-2002 0 137,829 (34,647) -1.73% 1,763,024 7.32% Oct-2002 0 137,829 3,119 0.16% 1,757,066 7.57% Nov-2002 2,969,123 137,829 (8,542) -0.46% 1,909,884 8.64% Dec-2002 0 120,137 (66,391) -3.76% 2,021,657 9.54% Totals 12,608,733 1,924,418 (20,567) ** the Date Represents the Month of the Distribution Date, the Information Is From Activity of the Previous Month
12/34/56