GreenPoint Home Equity Loan Trust 2000-2 Monthly Payment and Distribution Statement (March 15, 2001)

Contract Categories: Business Operations › Administration Agreements
Summary

This statement details the monthly payments, distributions, and financial status for the GreenPoint Home Equity Loan Trust 2000-2, covering home equity loan asset-backed securities as of March 15, 2001. It outlines principal and interest distributions to certificate holders, delinquency and foreclosure statistics, reserve fund activity, and reconciliation of cash flows. The report is intended for investors and administrators, providing transparency on the trust’s performance, payment allocations, and compliance with the pooling agreement.

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EX-10.1 2 0002.txt MONTHLY PAYMENT STATEMENT Exhibit 10.1 GREENPOINT HOME EQUITY LOAN TRUST Home Equity Loan Asset-Backed Securities Series 2000-2 Distribution Date: March 15, 2001
Original Beginning Investor Certificate Investor Certificate Principal Interest Investor Certificate Class Principal Balance Principal Balance Distribution Distribution Distribution Amount - ------------------------------------------------------------------------------------------------------------------- A-1 275,831,000.00 $249,377,310.01 $ 7,701,917.53 $1,105,330.29 $ 8,807,247.82 A-2 77,669,000.00 $ 71,555,358.72 $ 2,385,931.76 $ 323,281.15 $ 2,709,212.91 R $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 TOTAL $353,500,000.00 $320,932,668.73 $10,087,849.29 $1,428,611.44 $11,516,460.73
Ending Investor Loss Investor Certificate Class Amount Principal Balance - -------------------------------------------------------- A-1 $0.00 $241,675,392.48 A-2 $0.00 $ 69,169,426.96 R $0.00 $ 0.00 TOTAL $0.00 $310,844,819.44
AMOUNTS PER $1,000 UNIT Beginning Ending Investor Certificate Principal Interest Investor Certificate Investor Certificate Class CUSIP Principal Balance Distribution Distribution Distribution Amount Principal Balance - ----------------------------------------------------------------------------------------------------------------------------- A-1 395385AD9 904.09457245 27.92259583 4.00727362 31.92986945 876.17197662 A-2 395385AE7 921.28595343 30.71922848 4.16229319 34.88152167 890.56672495
Investor Certificate Rates Investor Class Certificate Rate - ------------------------------------------ A-1 5.69875% A-2 5.80875%
Investor Certificate Rates based on a LIBOR of: 5.56875% PLEASE DIRECT ANY QUESTIONS OR COMMENTS TO THE FOLLOWING ADMINISTRATOR: Steven Charles Bank One, NA 1 Bank One Plaza Chicago, IL 60670 Information pursuant to Section 8.8 of the Pooling Agreement dated Sept. 1, 2000
Group 1 Group 2 -------------------------------- (i) Unpaid Investor Certificate 0.00 0.00 Interest Shortfall paid Per $1000 of Original 0.0000000 0.0000000 Investor Certificate Principal Balance (ii) Remaining Unpaid Investor 0.00 0.00 Certificate Interest Shortfall Per $1000 of Original Investor 0.0000000 0.0000000 Certificate Principal Balance (iii) Servicing Fee 104,074.22 29,803.59 Gross Interest Collections 2,652,580.17 762,805.40 (iv) Original Pool Balance 272,350,187.97 77,615,878.87 Beginning Pool Balance 249,778,117.10 71,528,627.28 Loans Removed 0.00 0.00 Loans Added 0.00 0.00 Adjuated Beginning Pool Balance 249,778,117.10 71,528,627.28 Principal Collections 10,760,754.86 4,195,917.54 Additional Balances 3,524,962.98 1,943,210.18 Ending Pool Balance 242,542,325.22 69,275,919.92 (v) Delinquency Information
Group 1 Group 2 --------------------------------------------------------------------------------------- Count Balance % of Group Bal Count Balance % of Group Bal --------------------------------------------------------------------------------------- 30-59 days 45 2,342,272.39 0.965717% 9 1,139,767.29 1.645258% 60-89 days 19 660,647.94 0.272385% 2 39,671.90 0.057267% 90-119 days 3 211,458.37 0.087184% 0 0.00 0.000000% 120-149 days 0 0.00 0.000000% 0 0.00 0.000000% 150-179 days 0 0.00 0.000000% 0 0.00 0.000000% 180 days or more 0 0.00 0.000000% 0 0.00 0.000000% Total 67 3,214,378.70 1.325286% 11 1,179,439.19 1.702524%
(vi) Foreclosure, REO and Bankruptcy Information
Group 1 Group 2 ---------------------------------------------------------------------------------------- Count Balance % of Group Bal Count Balance % of Group Bal ---------------------------------------------------------------------------------------- Foreclosure 16 1,136,702.06 0.468661% 5 1,444,079.10 2.084533% REO 0 0.00 0.000000% 0 0.00 0.000000% Bankruptcies 12 509,700.46 0.210149% 2 87,660.63 0.126538%
Group 1 Group 2 --------------------------------------------- (vii) Liquidation Loss Amount (Current Period) 0.00 0.00 Liquidation Loss Amount (Cumulative) 0.00 0.00 Cumulative Liquidation Loss: Percentage of Original Balance 0.00% 0.00% Percentage of Current Balance 0.00% 0.00% (viii) Six Month Rolling Pool Delinquency Rate 0.45% 1.34% (ix) Book Value of REO Properties 0.00 0.00 (x) Draws: Policy 0.00 Demand Note 0.00 (xi) Accelerated Principal Distribution Amount 466,125.65 133,224.40 (xii) Funds on deposit in the Reserve Fund 1,578,001.60 (Beginning of Period) Reserve Fund Deposit 1,198,700.09 Reserve Fund Withdrawal 265,893.37 Reserve Fund Interest Income 8,367.10 Funds on deposit in ###-###-####.424 the Reserve Fund (End of Period) (xiii) Has an Event of Servicing Termination occurred? NO Has an Insurer Default occurred? NO (xiv) Has the Managed Amortization period ended and the Rapid Amortization Period begun? NO (xv) Specified Overcollateralization Amount 6,127,879.23 1,746,357.27
RECONCILIATION REPORT ISSUE DATE: 00-Jan-00 DEAL NAME: GREENPOINT HOME EQUITY LOAN TRUST 2000-2 DISTRIBUTION DATE: 15-Mar-01 Home Equity Loan Asset-Backed Securities, Series 2000-2 DETERMINATION DATE 00-Jan-00 RUN DATE: 08-Mar-01 04:21:30 PM
I. CASH RECONCILIATION A. Cash Available for Distribution Group 1 Group 2 Total --------------- --------------- ---------------- Net Collections Interest Collections - per Servicer Report $ 2,548,505.95 $ 733,001.81 $ 3,281,507.76 Principal Collections - per Servicer Report $ 10,760,754.86 $ 4,195,917.54 $ 14,956,672.40 Residual Advance $ 0.00 $ 0.00 $ 0.00 Cash Released from Reserve Account $ 0.00 $ 0.00 $ 0.00 Additional Balances ($3,524,962.98) ($1,943,210.18) ($5,468,173.16) Total Deposit to Collection Account $ 9,784,297.83 $ 2,985,709.17 $ 12,770,007.00 II. DISTRIBUTION SUMMARY AND RECONCILIATION A. Amounts Distributed: Section 5.01 Trustee Fee $ 1,870.33 $ 536.67 $ 2,407.00 Premium to Credit Enhancer $ 33,230.37 $ 9,510.80 $ 42,741.17 Freddie Mac Guarantee Fee $ 9,698.01 $ 0.00 $ 9,698.01 Investor Certificate Interest and Unpaid Investor Certificate Interest $ 1,105,330.29 $ 323,281.15 $ 1,428,611.44 Advances due to Servicer (adjustment for November 2000 distribution) $ 265,893.37 Reserve Fund Deposit/(Withdrawal) $ 932,251.30 $ 555.42 $ 932,806.72 Class A Investor Certificate Principal Distributed $ 7,701,917.53 $ 2,385,931.76 $ 10,087,849.29 Management Fee $ 0.00 $ 0.00 $ 0.00 Residual Payment $ 0.00 $ 0.00 $ 0.00 Total Distributions $ 9,784,297.83 $ 2,985,709.17 $ 12,770,007.00 Difference (Remains in Collections Account) $ 0.00 $ 0.00 $ 0.00 Balance Reconciliation - ---------------------- Loan Group Beginning Balance 249,778,117.10 71,528,627.28 $321,306,744.38 Loan Group Ending Balance 242,542,325.22 69,275,919.92 311,818,245.14 Change in Balance 7,235,791.88 2,252,707.36 $ 9,488,499.24 Principal Collections 10,760,754.86 4,195,917.54 $ 14,956,672.40 Liquidation Loss Amount 0.00 0.00 $ 0.00 Additional Balances 3,524,962.98 1,943,210.18 $ 5,468,173.16 Balance Check 0.00 0.00 0.00