GreenPoint Mortgage Servicing Certificate for Series 1999-2 Asset-Backed Notes (January 2001)

Summary

This document is a monthly servicing certificate issued by GreenPoint Mortgage for the Series 1999-2 asset-backed notes, covering the collection period from December 1 to December 31, 2000. It details the financial activity, including interest rates, balances, collections, distributions, and losses related to the Class A-1 and Class A-2 notes backed by revolving home equity loans. The certificate outlines the amounts collected, fees paid, and distributions made to noteholders, as well as any losses or shortfalls for the period.

EX-10.1 2 0002.txt MONTHLY PAYMENT DATE STATEMENT DATED 1/16/2001 Exhibit 10.1

COLLECTION AMOUNTS Class A-1 1 Aggregate of All Mortgage Collections (Gross) 11,364,221.20 2 Total Mortgage Interest Collections (Gross) 1,686,173.44 Servicing Fees (current collection period) 65,292.74 Deferred Interest Transfer (DI) 0.00 3a Mortgage Principal Collections 9,678,047.76 3b Pre-Funded Balance 0.00 3c Net Liquidation Proceeds 0.00 3 Total Mortgage Principal Collections 9,678,047.76 Aggregate of Transfer Deposits 0.00 Investor Loss Amount 58,590.11 Aggregate Investor Loss Reduction Amount 85,361.18 COLLECTION AMOUNTS Class A-2 1 Aggregate of All Mortgage Collections (Gross) 1,860,474.53 2 Total Mortgage Interest Collections (Gross) 350,396.31 Servicing Fees (current collection period) 13,973.02 Deferred Interest Transfer (DI) 0.00 3a Mortgage Principal Collections 1,510,078.22 3b Pre-Funded Balance 0.00 3c Net Liquidation Proceeds 0.00 3 Total Mortgage Principal Collections 1,510,078.22 Aggregate of Transfer Deposits 0.00 Investor Loss Amount 0.00 Aggregate Investor Loss Reduction Amount 0.00 TOTAL COLLECTION AMOUNT 1 Aggregate of All Mortgage Collections (Gross) 13,224,695.73 2 Total Mortgage Interest Collections (Gross) 2,036,569.75 Servicing Fees (current collection period) 79,265.75 Deferred Interest Transfer (DI) 0.00 3a Mortgage Principal Collections 11,188,125.98 3b Insurance Proceeds 0.00 3c Net Liquidation Proceeds 0.00 3 Total Mortgage Principal Collections 11,188,125.98 Aggregate of Transfer Deposits 0.00 Investor Loss Amount 58,590.11 Aggregate Investor Loss Reduction Amount 85,361.18 Class A-1 Net Interest Collection 1,620,880.70 Class A-2 Net Interest Collection 336,423.29 DISTRIBUTION AMOUNTS Class A-1 Class A-1 Note Interest 8.6 (d)(iv) 942,728.42 Class A-1 Note Unpaid Interest Shortfall (current cycle) 0.00 Class A-1 Note Reserve Fund Amount 595,340.00 Investor Loss Amount 58,590.11 Previous Investor Loss Amount 0.00 Monthly Credit Enhancer Premium 8.6 (d)(ii) 22,694.07 Credit Enhancer Reimbursement 0.00 Accelerated Principal Distribution Amount 0.00 Spread Account Deposit 0.00 Indenture Trustee Fee 8.6 (d)(i) 1,134.70 Management Fee 8.6 (d)(iii) 393.40 Payment to Servicer 0.00 Deferred Interest 0.00 Remaining Amount to Transferor 0.00 Total Certificateholders Distribution Allocable to Interest 1,620,880.70

Maximum Principal Payment 7,614,785.97 Scheduled Principal Collection Payment ((x)the excess of Max Prin Pymt (y) the HELOC Pool O/C Redctin Amt) 8.6(d)(v) 0.00 Accelerated Principal Distribution Amount 0.00 Loan Loss 58,590.11 Class A-1 Overcollateralization Deficit 8.6 (d)(vi) 0.00 Total Certificateholders Distribution Allocable to Principal 7,673,376.08 DISTRIBUTION AMOUNTS Class A-2 Class A-2 Note Interest 8.6 (d)(iv) 202,278.63 Class A-2 Note Unpaid Interest Shortfall (current cycle) 0.00 Class A-2 Note Reserve Fund Amount 128,982.88 Investor Loss Amount 0.00 Previous Investor Loss Amount 0.00 Monthly Credit Enhancer Premium 8.6 (d)(ii) 4,814.46 Credit Enhancer Reimbursement 0.00 Accelerated Principal Distribution Amount 0.00 Spread Account Deposit 0.00 Indenture Trustee Fee 8.6 (d)(i) 240.72 Management Fee 8.6 (d)(iii) 106.60 Payment to Servicer 0.00 Deferred Interest 0.00 Remaining Amount to Transferor 0.00 Total Certificateholders Distribution Allocable to Interest 336,423.29 Maximum Principal Payment 823,979.37 Scheduled Principal Collection Payment ((x)the excess of Max Prin Pymt (y) the Second Pool O/C Redctin Amt) 8.6(d)(v) 0.00 Accelerated Principal Distribution Amount 0.00 Loan Loss 0.00 Class A-2 Overcollateralization Deficit 8.6 (d)(vi) 0.00 Total Certificateholders Distribution Allocable to Principal 823,979.37 TOTAL DISTRIBUTION AMOUNT Class A Note Interest 8.6 (d)(iv) 1,145,007.05 Class A Note Unpaid Interest Shortfall (current cycle) 5.01(i) 0.00 Class A Note Reserve Fund Amount 724,322.88 Investor Loss Amount 5.01(iii) 58,590.11 Previous Investor Loss Amount 5.01(iv) 0.00 Monthly Credit Enhancer Premium 8.6 (d)(ii) 27,508.53 Credit Enhancer Reimbursement 5.01(vi) 0.00 Accelerated Principal Distribution Amount 5.01(vii) 0.00 Spread Account Deposit 5.01(viii) 0.00 Indenture Trustee Fee 8.6 (d)(i) 1,375.43 Management Fee 8.6 (d)(iii) 500.00 Payment to Servicer per Section 7.03 5.01 (x) 0.00 Deferred Interest 5.01 (xi) 0.00 Remaining Amount to Transferor 5.01 (xii) 0.00 Total Certificateholders Distribution Allocable to Interest 1,957,304.00 Maximum Principal Payment 8,438,765.34 Scheduled Principal Collection Payment 0.00 Accelerated Principal Distribution Amount 0.00 Loan Loss 58,590.11 Overcollateralization Deficit 8.6 (d)(vi) 0.00 Total Certificateholders Distribution Allocable to Principal 8,497,355.45

LOSSES/RETRANSFERS Unpaid Class A-1 Note Interest Shortfall Due (From Previous Distributions) 0.00 Unpaid Class A-2 Note Interest Shortfall Due (From Previous Distributions) 0.00 Interest Earned on Shortfall @ applicable Certificate Rate 0.00 Investor Loss Reduction Amount (From Previous Distributions) 0.00 DISTRIBUTION TO CERTIFICATEHOLDERS (PER CERTIFICATE WITH A $1,000 DENOMINATION) Class A-1 Total Class A-1 Note Distribution Amount Allocable to Interest 4 ###-###-#### Interest Distribution Amount 4 ###-###-#### Unpaid Note Interest Shortfall Included in Current Distribution 0.0000000 Unpaid Note Interest Shortfall Remaining after Current Distribution (Carryover) 0.0000000 Total Class A-1 Note Distribution Amount Allocable to Principal ###-###-#### Maximum Principal Payment ###-###-#### Scheduled Principal Collections Payment 0.0000000 Loan Loss 0 ###-###-#### Accelerated Principal Distribution Amount 0.0000000 Class A-2 Total Class A-2 Note Distribution Amount Allocable to Interest 3 ###-###-#### Interest Distribution Amount 3 ###-###-#### Unpaid Note Interest Shortfall Included in Current Distribution 0.0000000 Unpaid Note Interest Shortfall Remaining after Current Distribution (Carryover) 0.0000000 Total Class A-2 Note Distribution Amount Allocable to Principal ###-###-#### Maximum Principal Payment ###-###-#### Scheduled Principal Collections Payment 0.0000000 Loan Loss 0.0000000 Accelerated Principal Distribution Amount 0.0000000 Total Interest Amount Distributed to Class A Certificateholder 8 ###-###-#### Total Principal Amount Distributed to Class A Certificateholder ###-###-#### Credit Enhancement Draw Amount 0.00 DELINQUENCIES/FORECLOSURES Class A-1 Number of Mortgages 30 to 59 Days Delinquent 82 Aggregate Principal Balances of Mortgages 30 to 59 Days Delinquent 3,287,784.58 Number of Mortgages 60 to 89 Days Delinquent 18 Aggregate Principal Balances of Mortgages 60 to 89 Days Delinquent 621,884.51 Number of Mortgages 90 to 179 Days Delinquent 5 Aggregate Principal Balances of Mortgages 90 to 179 Days Delinquent 250,863.91 Number of Mortgages 180 or more Days Delinquent 9 Aggregate Principal Balances of Mortgages 180 or more Days Delinquent 370,530.43 Number of Mortgage Loans in Foreclosure 16 Aggregate Principal Balances of Mortgage Loans in Foreclosure 739,461.01 Principal Balance of Real Estate Acquired Through Foreclosure or Grant of a Deed 0.00 Book Value of Real Estate Acquired Through Foreclosure or Grant of a Deed 0.00 Aggregate Trust Balances of any Liquidated Loans in the Current Month 0.00
Class A-2 Number of Mortgages 30 to 59 Days Delinquent 3 Aggregate Principal Balances of Mortgages 30 to 59 Days Delinquent 200,613.55 Number of Mortgages 60 to 89 Days Delinquent 1 Aggregate Principal Balances of Mortgages 60 to 89 Days Delinquent 169,847.62 Number of Mortgages 90 to 179 Days Delinquent 1 Aggregate Principal Balances of Mortgages 90 to 179 Days Delinquent 124,990.84 Number of Mortgages 180 or more Days Delinquent 1 Aggregate Principal Balances of Mortgages 180 or more Days Delinquent 196,058.94 Number of Mortgage Loans in Foreclosure 2 Aggregate Principal Balances of Mortgage Loans in Foreclosure 418,095.61 Principal Balance of Real Estate Acquired Through Foreclosure or Grant of a Deed 0.00 Book Value of Real Estate Acquired Through Foreclosure or Grant of a Deed 0.00 Aggregate Trust Balances of any Liquidated Loans in the Current Month 0.00 TOTAL DELINQUENCIES/FORECLOSURES Number of Mortgages 30 to 59 Days Delinquent 85 Aggregate Principal Balances of Mortgages 30 to 59 Days Delinquent 3,488,398.13 Number of Mortgages 60 to 89 Days Delinquent 19 Aggregate Principal Balances of Mortgages 60 to 89 Days Delinquent 791,732.13 Number of Mortgages 90 to 179 Days Delinquent 6 Aggregate Principal Balances of Mortgages 90 to 179 Days Delinquent 375,854.75 Number of Mortgages 180 or more Days Delinquent 10 Aggregate Principal Balances of Mortgages 180 or more Days Delinquent 566,589.37 Number of Mortgage Loans in Foreclosure 18 Aggregate Principal Balances of Mortgage Loans in Foreclosure 1,157,556.62 Principal Balance of Real Estate Acquired Through Foreclosure or Grant of a Deed 0.00 Book Value of Real Estate Acquired Through Foreclosure or Grant of a Deed 0.00 Aggregate Trust Balances of any Liquidated Loans in the Current Month 0.00 ============================================================================================================================ RESERVE FUND ACTIVITY Reserve Fund Beginning Balance 0.00 Reserve Fund Deposit 724,322.88 Reserve Fund Earnings 1,563.21 Reserve Bal Subtotal 725,886.09 Reserve Fund Reduction Amt (725,886.09) Reserve Fund Balance 0.00 PRE-FUNDED ACCOUNT ACTIVITY Beginning Balance Pre-Funded Account 0.00 Remaining Amount for Distribution to Classes 0.00 Withdrawal for Subsequent Loan Purchase: 0.00 Ending Balance Pre-Funded Account 0.00 All Computations reflected in this Servicer Certificate were made in conformity with the Pooling and Servicing Agreement. The Attached Servicing Certificate is true and correct in all material respects. _____________________________________________________________ A Servicing Officer Teri Martine

- ------------------------------------------------------------------------------------------------------------------------------------ GREENPOINT MORTGAGE STATEMENT TO NOTEHOLDERS =================================================================================================================================== Revolving Home Equity Loan LIBOR: 6.71000% Current Collection Period: 12/01/00-12/31/00 Asset-Backed Notes Margin: 0.30000% P&S Agreement Date: 12/1/99 Series 1999-2 Class A-1 Note Rate: 7.01000% Original Closing Date: 12/22/99 Class A-2 Note Rate: 7.09000% Distribution Date: 1/16/01 Record Date: 1/15/01 Interest Period 12/15/00 thru 1/15 32 Pool Factor: 71.1973919% =================================================================================================================================== BALANCES Beginning HELOC Pool Balance 156,702,566.07 Beginning Second Lien Pool Balance 33,535,237.78 Beginning Class A-1 Note Balance -- CUSIP 395385AA5 151,293,791.08 Beginning Class A-2 Note Balance -- CUSIP 395385AB3 32,096,397.64 Ending Class A-1 Pool Balance 149,029,189.99 Ending Class A-2 Pool Balance 32,711,258.41 Ending Class A-1 Note Balance -- CUSIP 143,620,415.00 Ending Class A-2 Note Balance -- CUSIP 31,272,418.27 Additional Balances Class A-1 2,063,261.79 Additional Balances Class A-2 686,098.85 Number of all Retransferred Mortgage Loans (Current Retransfer Date) 0 Retransferred Mortgage Loan Trust Balances (Current Retransfer Date) 0.00 Cumulative Number of all Retransferred Mortgage Loans (From Previous Distributions) 0 Cumulative Retransferred Mortgage Loan Trust Balances (From Previous Distributions) 0.00 Number of all Subsequent HELOC Mortgage Loans (Current Date) 0 Subsequent HELOC Mortgage Loan Asset Balance (Current Date) 0.00 Number of all Subsequent Second Lien Mortgage Loans (Current Date) 0 Subsequent Second Lien Mortgage Loan Asset Balance (Current Date) 0.00 Number of all Subsequent HLTV Mortgage Loans (Current Date) 0 Subsequent HLTV Mortgage Loan Asset Balance (Current Date) 0.00 Cumulative Number of ALL Subsequent Mortgage Loans 0 Cumulative Subsequent Mortgage Loan Asset Balance 0.00 Class A-1 Cumulative Excess of Draws Over Principal Paydown 0.00 Beginning Loan Count 4,375 Ending Loan Count 4,196 COLLECTION AMOUNTS Class A-1 Aggregate of All Mortgage Collections 11,298,928.46 Total Mortgage Interest Collections 1,686,173.44 Servicing Fees (current collection period) (65,292.74) Mortgage Principal Collections 9,678,047.76 Pre-Funded Balance 0.00 0.00 Total Mortgage Principal Collections 9,678,047.76
COLLECTION AMOUNTS Class A-2 Aggregate of All Mortgage Collections 1,846,501.51 Total Mortgage Interest Collections 350,396.31 Servicing Fees (current collection period) (13,973.02) Mortgage Principal Collections 1,510,078.22 Pre-Funded Balance 0.00 0.00 Total Mortgage Principal Collections 1,510,078.22 TOTAL COLLECTION AMOUNT Aggregate of All Mortgage Collections 13,224,695.73 Total Mortgage Interest Collections 2,036,569.75 Mortgage Principal Collections 11,188,125.98 Pre-Funded Balance 0.00 Total Mortgage Principal Collections 11,188,125.98 DISTRIBUTION AMOUNTS Class A-1 Class A-1 Note Interest 942,728.42 Class A-1 Note Unpaid Interest Shortfall (current cycle) 0.00 Class A-1 Note Reserve Fund Amount 595,340.00 Maximum Principal Payment 7,614,785.97 Scheduled Principal Collection 0.00 Accelerated Principal Distribution Amount 0.00 Loan Loss 58,590.11 Class A-1 Overcollateralization Deficit 0.00 Total Certificateholders Distribution Allocable to Principal 7,673,376.08 DISTRIBUTION AMOUNTS Class A-2 Class A-2 Note Interest 202,278.63 Class A-2 Note Unpaid Interest Shortfall (current cycle) 0.00 Class A-2 Note Reserve Fund Amount 128,982.88 Maximum Principal Payment 823,979.37 Scheduled Principal Collection 0.00 Accelerated Principal Distribution Amount 0.00 Loan Loss 0.00 Class A-2 Overcollateralization Deficit 0.00 Total Certificateholders Distribution Allocable to Principal 823,979.37 TOTAL DISTRIBUTION AMOUNT Class A Note Interest 1,145,007.05 Class A Note Unpaid Interest Shortfall (current cycle) 0.00 Class A Note Reserve Fund Amount 724,322.88 Maximum Principal Payment 8,438,765.34 Scheduled Principal Collection Payment 0.00 Accelerated Principal Distribution Amount 0.00 Overcollateralization Deficit 0.00 Total Certificateholders Distribution Allocable to Principal 8,438,765.34 LOSSES/RETRANSFERS Unpaid Class A-1 Note Interest Shortfall Due (From Previous Distributions) 0.00 Unpaid Class A-2 Note Interest Shortfall Due (From Previous Distributions) 0.00 Interest Earned on Shortfall @ applicable Certificate Rate 0.00 Investor Loss Reduction Amount (From Previous Distributions) 0.00 DISTRIBUTION TO CERTIFICATEHOLDERS (PER CERTIFICATE WITH A $1,000 DENOMINATION) Class A-1 Total Class A-1 Note Distribution Amount Allocable to Interest 4 ###-###-#### Interest Distribution Amount 4 ###-###-#### Unpaid Note Interest Shortfall Included in Current Distribution 0.0000000 Unpaid Note Interest Shortfall Remaining after Current Distribution (Carryover) 0.0000000 Total Class A-1 Note Distribution Amount Allocable to Principal ###-###-#### Maximum Principal Payment ###-###-#### Scheduled Principal Collections Payment 0.0000000 Loan Loss 0 ###-###-#### Accelerated Principal Distribution Amount 0.0000000 Class A-2 Total Class A-2 Note Distribution Amount Allocable to Interest 3 ###-###-#### Interest Distribution Amount 3 ###-###-#### Unpaid Note Interest Shortfall Included in Current Distribution 0.0000000 Unpaid Note Interest Shortfall Remaining after Current Distribution (Carryover) 0.0000000 Total Class A-2 Note Distribution Amount Allocable to Principal ###-###-#### Maximum Principal Payment ###-###-#### Scheduled Principal Collections Payment 0.0000000 Loan Loss 0.0000000 Accelerated Principal Distribution Amount 0.0000000 Total Interest Amount Distributed to Class A Certificateholder 8 ###-###-#### Total Principal Amount Distributed to Class A Certificateholder ###-###-#### Credit Enhancement Draw Amount 0.00 DELINQUENCIES/FORECLOSURES Class A-1 Number of Mortgages 31 to 60 Days Delinquent 82 Aggregate Principal Balances of Mortgages 31 to 60 Days Delinquent 3,287,784.58 Number of Mortgages 61 to 90 Days Delinquent 18 Aggregate Principal Balances of Mortgages 61 to 90 Days Delinquent 621,884.51 Number of Mortgages 91 to 180 or more Days Delinquent 5 Aggregate Principal Balances of Mortgages 91 to 180 or more Days Delinquent 250,863.91 Number of Mortgages 181 or more Days Delinquent 9 Aggregate Principal Balances of Mortgages 181 or more Days Delinquent 370,530.43 Number of Mortgage Loans in Foreclosure 16 Aggregate Principal Balances of Mortgage Loans in Foreclosure 739,461.01 Principal Balance of Real Estate Acquired Through Foreclosure or Grant of a Deed 0.00 Book Value of Real Estate Acquired Through Foreclosure or Grant of a Deed 0.00 Aggregate Trust Balances of any Liquidated Loans in the Current Month 0.00
Class A-2 Number of Mortgages 31 to 60 Days Delinquent 3 Aggregate Principal Balances of Mortgages 31 to 60 Days Delinquent 200,613.55 Number of Mortgages 61 to 90 Days Delinquent 1 Aggregate Principal Balances of Mortgages 61 to 90 Days Delinquent 169,847.62 Number of Mortgages 91 to 180 or more Days Delinquent 1 Aggregate Principal Balances of Mortgages 91 to 180 or more Days Delinquent 124,990.84 Number of Mortgages 181 or more Days Delinquent 1 Aggregate Principal Balances of Mortgages 181 or more Days Delinquent 196,058.94 Number of Mortgage Loans in Foreclosure 2 Aggregate Principal Balances of Mortgage Loans in Foreclosure 418,095.61 Principal Balance of Real Estate Acquired Through Foreclosure or Grant of a Deed 0.00 Book Value of Real Estate Acquired Through Foreclosure or Grant of a Deed 0.00 Aggregate Trust Balances of any Liquidated Loans in the Current Month 0.00 TOTAL DELINQUENCIES/FORECLOSURES Number of Mortgages 31 to 60 Days Delinquent 85 Aggregate Principal Balances of Mortgages 31 to 60 Days Delinquent 3,488,398.13 Number of Mortgages 61 to 90 Days Delinquent 19 Aggregate Principal Balances of Mortgages 61 to 90 Days Delinquent 791,732.13 Number of Mortgages 91 to 180 or more Days Delinquent 6 Aggregate Principal Balances of Mortgages 91 to 180 or more Days Delinquent 375,854.75 Number of Mortgages 181 or more Days Delinquent 10 Aggregate Principal Balances of Mortgages 181 or more Days Delinquent 566,589.37 Number of Mortgage Loans in Foreclosure 18 Aggregate Principal Balances of Mortgage Loans in Foreclosure 1,157,556.62 Principal Balance of Real Estate Acquired Through Foreclosure or Grant of a Deed 0.00 Book Value of Real Estate Acquired Through Foreclosure or Grant of a Deed 0.00 Aggregate Trust Balances of any Liquidated Loans in the Current Month 0.00 ====================================================================================================================== Class A-1 Note Rate For Next Distribution LIBOR TBD #VALUE! RESERVE FUND ACTIVITY Reserve Fund Beginning Balance 0.00 Reserve Fund Deposit 724,322.88 Reserve Fund Earnings 1,563.21 Reserve Bal Subtotal 725,886.09 Reserve Fund Reduction Amt (725,886.09) Reserve Fund Balance 0.00