GreenPoint Home Equity Loan Trust 2000-2 Monthly Distribution Statement (Bank One, NA, January 16, 2001)

Contract Categories: Business Finance › Trust Agreements
Summary

This statement details the monthly distribution of payments for the GreenPoint Home Equity Loan Trust 2000-2, a home equity loan asset-backed securities trust. Bank One, NA, as administrator, reports on cash collections, distributions to investors, fees, and reserve fund activity for the period ending January 16, 2001. The report includes principal and interest payments to certificate holders, servicing fees, delinquency and foreclosure statistics, and confirms no servicing termination or insurer default occurred. The document is intended for investors and parties to the trust agreement.

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EX-10.1 2 0002.txt MONTHLY PAYMENT DATE STATEMENT DATED 1/16/2001 Exhibit 10.1
- -------------------------------------------------------------------------------------------------------------------- RECONCILIATION REPORT ISSUE DATE: 00-Jan-00 DEAL NAME: GREENPOINT HOME EQUITY LOAN TRUST 2000-2 DISTRIBUTION DATE: 16-Jan-01 Home Equity Loan Asset-Backed Securities, Series 2000-2 DETERMINATION DATE 00-Jan-00 RUN DATE: 08-Jan-01 01:03:37 PM - -------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------- I. CASH RECONCILIATION - -------------------------------------------------------------------------------------------------------------------- A. Cash Available for Distribution Group 1 Group 2 Total ------- ------- ----- Net Collections Interest Collections - per Servicer Report $ 2,465,135.84 $ 738,729.42 $ 3,203,865.26 Principal Collections - per Servicer Report $ 10,002,253.92 $ 4,781,707.40 $ 14,783,961.32 Residual Advance $ 0.00 $ 0.00 $ 0.00 Cash Released from Reserve Account $ 0.00 $ 0.00 $ 0.00 Additional Balances ($4,743,436.88) ($1,982,496.63) ($6,725,933.51) -------------------------------------------------------- Total Deposit to Collection Account $ 7,723,952.88 $ 3,537,940.19 $ 11,261,893.07 - --------------------------------------------------------------------------------------------------------------------- II. DISTRIBUTION SUMMARY AND RECONCILIATION - --------------------------------------------------------------------------------------------------------------------- A. Amounts Distributed: Section 5.01 Trustee Fee $ 1,964.84 $ 569.68 $ 2,534.52 Premium to Credit Enhancer $ 35,297.85 $ 10,077.68 $ 45,375.53 Freddie Mac Guarantee Fee $ 11,678.84 $ 0.00 $ 11,678.84 Investor Certificate Interest and Unpaid Investor $ 1,597,665.49 $ 470,606.06 $ 2,068,271.55 Certificate Interest Reserve Fund Deposit / (Withdrawal) $ 15,088.23 $ 171,650.67 $ 186,738.89 Class A Investor Certificate Principal Distributed $ 6,062,257.63 $ 2,885,036.10 $ 8,947,293.74 Management Fee $ 0.00 $ 0.00 $ 0.00 Residual Payment $ 0.00 $ 0.00 $ 0.00 ------------------------------------------------------- Total Distributions $ 7,723,952.88 $ 3,537,940.19 $ 11,261,893.07 Difference (Remains in Collections Account) $ 0.00 $ 0.00 $ 0.00 ======================================================= Balance Reconciliation - ---------------------- Loan Group Beginning Balance 261,978,031.56 75,956,692.59 $ 337,934,724.15 Loan Group Ending Balance 256,719,214.52 73,157,481.82 329,876,696.34 -------------------------------------------------------- Change in Balance 5,258,817.04 2,799,210.77 $ 8,058,027.81 Principal Collections 10,002,253.92 4,781,707.40 $ 14,783,961.32 Liquidation Loss Amount 0.00 0.00 $ 0.00 Additional Balances 4,743,436.88 1,982,496.63 $ 6,725,933.51 ------------------------------------------------------- Balance Check 0.00 0.00 0.00 =======================================================
GREENPOINT HOME EQUITY LOAN TRUST Home Equity Loan Asset-Backed Securities Series 2000-2 Distribution Date: January 16, 2001
Original Beginning Ending Investor Investor Investor Investor Certificate Certificate Certificate Certificate Principal Principal Principal Interest Distribution Investor Principal Class Balance Balance Distribution Distribution Amount Loss Amount Balance - ------------------------------------------------------------------------------------------------------------------------- A-1 275,831,000.00 $262,773,929.17 $6,062,257.63 $1,597,665.49 $ 7,659,923.12 $0.00 $256,711,671.54 A-2 77,669,000.00 $ 76,177,240.36 $2,885,036.10 $ 470,606.06 $ 3,355,642.16 $0.00 $ 73,292,204.25 R $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $0.00 $ 0.00 TOTAL $353,500,000.00 $338,951,169.53 $8,947,293.74 $2,068,271.55 $11,015,565.29 $0.00 $330,003,875.79
AMOUNTS PER $1,000 UNIT
Beginning Ending Investor Investor Investor Certificate Certificate Certificate Principal Principal Interest Distribution Principal Class CUSIP Balance Distribution Distribution Amount Balance - -------------------------------------------------------------------------------------------------- A-1 395385AD9 952.66278689 21.97815921 5.79218975 27.77034895 930.68462768 A-2 395385AE7 980.79337132 37.14527164 6.05912346 43.20439510 943.64809967
Investor Certificate Rates Investor Certificate Class Rate - -------------------------- A-1 6.84000% A-2 6.95000% Investor Certificate Rates based on a LIBOR of: 6.71000% 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 Interest Shortfall paid 0.00 0.00 Per $1000 of Original Investor Certificate Principal Balance 0.0000000 0.0000000 (ii) Remaining Unpaid Investor Certificate Interest Shortfall 0.00 0.00 Per $1000 of Original Investor Certificate Principal Balance 0.0000000 0.0000000 (iii) Servicing Fee 109,157.51 31,648.62 Gross Interest Collections 2,574,293.35 770,378.04 (iv) Original Pool Balance 272,350,187.97 77,615,878.87 Beginning Pool Balance 261,978,031.56 75,956,692.59 Loans Removed 0.00 0.00 Loans Added 0.00 0.00 Adjuated Beginning Pool Balance 261,978,031.56 75,956,692.59 Principal Collections 10,002,253.92 4,781,707.40 Additional Balances 4,743,436.88 1,982,496.63 Ending Pool Balance 256,719,214.52 73,157,481.82 (v) Delinquency Information Group 1 Group 2 --------------------------------------------------------------------------------------- % of Group % of Group Count Balance Bal Count Balance Bal --------------------------------------------------------------------------------------- 30-59 days 76 3,662,540.43 1.426672% 15 1,084,826.84 1.482865% 60-89 days 12 1,009,593.70 0.393268% 3 534,686.33 0.730870% 90-119 days 3 1,246,746.90 0.485646% 1 189,279.60 0.258729% 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 0 0.00 0.000000% 0 0.00 0.000000% more Total 91 5,918,881.03 2.305586% 19 1,808,792.77 2.472465% (vi) Foreclosure, REO and Bankruptcy Information Group 1 Group 2 --------------------------------------------------------------------------------------- % of Group % of Group Count Balance Bal Count Balance Bal --------------------------------------------------------------------------------------- Foreclosure 4 215,740.51 0.084038% 1 700,000.00 0.956840% REO 0 0.00 0.000000% 0 0.00 0.000000% Bankruptcies 9 397,515.01 0.154844% 1 40,436.13 0.055273%
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 NA NA (ix) Book Value of REO Properties 0.00 0.00 (x) Draws: Policy 0.00 Demand Note 0.00 (xi) Accelerated Principal Distribution Amount 803,440.59 85,825.33 (xii) Funds on deposit in the Reserve Fund (Beginning of Period) 388,752.51 Reserve Fund Deposit 186,738.89 Reserve Fund Withdrawal 0.00 Funds on deposit in the Reserve Fund (End of Period) 575,491.40 (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 Overcollateralization Amount 7,542.98 0.00