GreenPoint Home Equity Loan Trust 2000-3 Monthly Certificate Payment Statement (Deutsche Bank, GreenPoint Mortgage, FGIC)

Contract Categories: Business Finance › Trust Agreements
Summary

This document is a monthly payment statement for the GreenPoint Home Equity Loan Trust 2000-3, involving Deutsche Bank as administrator, GreenPoint Mortgage as seller and master servicer, and Financial Guaranty Insurance Corporation as certificate insurer. It details the distribution of principal and interest payments to noteholders for the January 15, 2002 period, including payment amounts, outstanding balances, and interest accruals for each class of asset-backed notes. The statement provides transparency on the trust's financial activity and payment allocations to investors.

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EX-10.1 3 dex101.txt MONTHLY PAYMENT DATE STATEMENT Exhibit 10.1 CONTACTS - -------------------------------------------------------------------------------- Administrator: Barbara A Campbell Direct Phone No: (714 ###-###-#### Address: Deutsche Bank 1761 E. St. Andrew Place Santa Ana, CA 92705 Web Site: http://www-apps.gis.deutsche-bank.com/invr Factor Information: (800) 735-7777 Main Phone No: (714) 247-6000 - --------------------------------------------------------------------------------
ISSUANCE INFORMATION - ------------------------------------------------------------------------------------------------------------------------------------ Seller: GreenPoint Mortgage Cut-Off Date: November 30, 2000 Certificate Insurer: Financial Guaranty Insurance Corporation Closing Date: December 18, 2000 Servicer(s): GreenPoint Mortgage - Master Servicer First Payment Date: January 16, 2001 Underwriter(s): Greenwich Capital Markets, Inc. - Underwriter Distribution Date: January 15, 2002 Record Date: January 14, 2002 - ------------------------------------------------------------------------------------------------------------------------------------
GreenPoint Home Equity Loan Trust 2000-3 Home Equity Loan Asset-Backed Notes Series 2000-3 Certificate Payment Report for January 15, 2002 Distribution
Distribution in Dollars - Current Period - ------------------------------------------------------------------------------------------------------------------------------------ Prior Current Class Original Principal Total Realized Deferred Principal Class Type Face Value Balance Interest Principal Distribution Losses Interest Balance - ----------------------------------------------------------------------------------------------------------------------------------- (1) (2) (3) (4)=(2)+(3) (5) (6)(7)=(1)-(3)-(5)+(6) - ----------------------------------------------------------------------------------------------------------------------------------- A-1 FLT,STEP 102,736,000.00 63,230,357.05 107,251.45 5,301,064.73 5,408,316.18 - - 57,929,292.32 A-2 FLT,STEP 98,584,000.00 61,497,870.54 104,312.81 5,014,153.60 5,118,466.41 - - 56,483,716.94 A-3 FLT,STEP 97,966,000.00 59,995,326.53 102,247.49 2,024,491.56 2,126,739.05 - - 57,970,834.98 S - - 311,765.72 - 311,765.72 - - - R - - - - - - - - - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Total 299,286,000.00 184,723,554.13 625,577.47 12,339,709.89 12,965,287.36 - - 172,383,844.24 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face - ------------------------------------------------------------------------------------------------------------------------------------ Orig. Principal Prior Current Period Period (with Notional) Principal Total Principal Class Starting Ending Method Cusip Balance Balance Interest Principal Distribution Balance - ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (3) (4)=(2)+(3) (5) - ------------------------------------------------------------------------------------------------------------------------------------ A-1 12/17/01 01/14/02 A-Act/360 395385AF4 102,736,000.00 615.464463 1.043952 51.598901 52.642853 563.865561 A-2 12/17/01 01/14/02 A-Act/360 395385AG2 98,584,000.00 623.811882 1.058111 50.861738 51.919849 572.950143 A-3 12/17/01 01/14/02 A-Act/360 395385AH0 97,966,000.00 612.409678 1.043704 20.665247 21.708951 591.744431 S - - - - - - - R - - - - - - - - ------------------------------------------------------------------------------------------------------------------------------------ Distribution in Dollars - to Date - ------------------------------------------------------------------------------------------------------------------------------------ Current Original Unscheduled Scheduled Total Total Realized Deferred Principal Class Face Value Interest Principal Principal Principal Distribution Losses Interest Balance - ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (3) (4) (5)=(3)+(4) (6)=(2)+(5) (7) (8) (9)=(1)-(5)-(7)+(8) - ------------------------------------------------------------------------------------------------------------------------------------ A-1 102,736,000.00 4,334,769.55 42,939,389.85 1,867,317.83 44,806,707.68 49,141,477.23 - - 57,929,292.32 A-2 98,584,000.00 4,141,870.45 40,232,354.40 1,867,928.66 42,100,283.06 46,242,153.51 - - 56,483,716.94 A-3 97,966,000.00 4,032,243.68 38,390,042.59 1,605,122.43 39,995,165.02 44,027,408.70 - - 57,970,834.98 S - 1,405,469.81 - - - 1,405,469.81 - - - R - - - - - - - - - - ----------------------------------------------------------------------------------------------------------------------------------- Total 299,286,000.00 13,914,353.49 121,561,786.84 5,340,368.92 126,902,155.76 140,816,509.25 - - 172,383,844.24 - -----------------------------------------------------------------------------------------------------------------------------------
Interest Detail - ------------------------------------------------------------------------------------------------------------------------------------ Pass- Prior Principal Non- Prior Unscheduled Paid or Current Through (with Notional) Accrued Supported Unpaid Interest Optimal Deferred Unpaid Class Rate Balance Interest Interest SF Interest Adjustments Interest Interest Interest - ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (3) (4) (5)=(1)-(2) (6) (7)=(5)-(6) +(3)+(4) - ------------------------------------------------------------------------------------------------------------------------------------ A-1 2.10563% 63,230,357.05 107,251.45 - - - 107,251.45 107,251.45 - A-2 2.10563% 61,497,870.54 104,312.81 - - - 104,312.81 104,312.81 - A-3 2.11563% 59,995,326.53 102,247.49 - - - 102,247.49 102,247.49 - S - - - - - - 311,765.72 - R - - - - - - - - - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Total 184,723,554.13 313,811.75 - - - 313,811.75 625,577.47 - - -----------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------ Collection Account Report - ------------------------------------------------------------------------------------------------------------------------------ PRINCIPAL - WITHDRAWALS POOL III POOL II POOL I TOTAL - ------------------------------------------------------------------------------------------------------------------------------ SPACE INTENTIONALLY LEFT BLANK - ------------------------------------------------------------------------------------------------------------------------------ PRINCIPAL - OTHER ACCOUNTS POOL III POOL II POOL I TOTAL - ------------------------------------------------------------------------------------------------------------------------------ SPACE INTENTIONALLY LEFT BLANK - ------------------------------------------------------------------------------------------------------------------------------ INTEREST - COLLECTIONS POOL III POOL II POOL I TOTAL - ------------------------------------------------------------------------------------------------------------------------------ Interest Collections 490,034.97 462,539.67 503,750.54 1,456,325.18 Repurchases/Substitutions 0.00 0.00 0.00 0.00 Liquidations 0.00 1,392.56 0.00 1,392.56 Insurance Interest 0.00 0.00 0.00 0.00 Other Additional Interest 0.00 0.00 0.00 0.00 Current Servicing Fee (25,453.50) (26,202.91) (27,035.63) (78,692.04) TOTAL INTEREST 464,581.47 437,729.32 476,714.91 1,379,025.70 - ------------------------------------------------------------------------------------------------------------------------------ INTEREST - WITHDRAWALS POOL III POOL II POOL I TOTAL - ------------------------------------------------------------------------------------------------------------------------------ SPACE INTENTIONALLY LEFT BLANK - ------------------------------------------------------------------------------------------------------------------------------ INTEREST - OTHER ACCOUNTS POOL III POOL II POOL I TOTAL - ------------------------------------------------------------------------------------------------------------------------------ SPACE INTENTIONALLY LEFT BLANK - ------------------------------------------------------------------------------------------------------------------------------ INTEREST - FEES POOL III POOL II POOL I TOTAL - ------------------------------------------------------------------------------------------------------------------------------ Trustee Fee 509.07 524.06 540.71 1,573.84 Certificate Insurer Premium 8,212.53 8,001.86 8,206.65 24,421.04 Management Fee 0.00 0.00 0.00 0.00 TOTAL INTEREST FEES 8,721.60 8,525.92 8,747.36 25,994.88 - ------------------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------------- Credit Enhancement Report - ---------------------------------------------------------------------------------------------------------------------------------- ACCOUNTS POOL III POOL II POOL I TOTAL - ---------------------------------------------------------------------------------------------------------------------------------- Beginning Reserve Fund Balance 0.00 0.00 0.00 0.00 Curr Period Amounts Dep to Res Fund 0.00 0.00 0.00 0.00 Curr Withdrawal from Reserve Fund 0.00 0.00 0.00 0.00 Reserve Fund Balance 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- INSURANCE POOL III POOL II POOL I TOTAL - ---------------------------------------------------------------------------------------------------------------------------------- Insured Amount 0.00 0.00 0.00 0.00 Reimbursements to the Insurer 0.00 0.00 0.00 0.00 Cumulative Insurance Payment 0.00 0.00 0.00 0.00 Draws on the Policy 0.00 0.00 0.00 0.00 Draws on the Demand Note 0.00 0.00 0.00 0.00 Interest portion of Guarantee Payment 0.00 0.00 0.00 0.00 Principal portion of Guarantee Payment 0.00 0.00 0.00 0.00 Guarantee Payment for this date 0.00 0.00 0.00 0.00 Cumulative Guaranty Payments 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- STRUCTURAL FEATURES POOL III POOL II POOL I TOTAL - ---------------------------------------------------------------------------------------------------------------------------------- Pool Delinquency Rate 2.6964% 3.1807% 3.3945% Rolling Six-month Pool Delinquency Rate 2.2433% 2.4983% 1.9518% Prior Overcollateralization Amount 0.00 0.00 0.00 0.00 Specified Overcollateralization Amount 2,161,032.93 2,174,666.96 2,914,554.33 7,250,254.23 Overcollateralization Amount 1,093,079.98 1,305,915.99 1,655,157.13 4,054,153.10 Overcollateralization Deficiency Amount 1,067,952.95 868,750.97 1,259,397.20 3,196,101.13 Overcollateralization Deficit 0.00 0.00 0.00 0.00 Overcollateralization Reduction Amount 0.00 0.00 0.00 0.00 Step-Up Overcollateralization Amount 0.00 0.00 0.00 0.00 Current Accelerated Principal Payment 247,528.67 227,423.41 252,501.27 727,453.35 Cumulative Accelerated Principal Payment 1,704,129.96 1,739,605.98 2,050,392.06 5,494,128.00 - ----------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------------- Collateral Report - -------------------------------------------------------------------------------------------------------------------------------- COLLATERAL POOL III POOL II POOL I TOTAL - -------------------------------------------------------------------------------------------------------------------------------- Loan Count: Original ###-###-#### 2664 5435 Prior 355 1,386 1,666 3,407 Prefunding - - - - Scheduled Paid Offs - - - - Full Voluntary Prepayments (15) (95) (118) (228) Repurchases - - - - Liquidations - (3) - (3) ---------------------------------------------------------------------------------------------------------------------------- Current 340 1,288 1,548 3,176 Principal Balance: Original 96,045,908.07 96,651,865.01 100,721,912.99 293,419,686.07 Prior 61,088,406.51 62,886,983.95 64,885,514.18 188,860,904.64 Prefunding - - - - Scheduled Principal (129,808.05) (135,996.74) (142,162.32) (407,967.11) Partial and Full Voluntary Prepayments (2,681,848.76) (5,134,925.35) (5,573,060.95) (13,389,835.06) Repurchases - - - - Liquidations - (247,242.35) - (247,242.35) ---------------------------------------------------------------------------------------------------------------------------- Current 59,311,443.62 58,017,056.34 59,836,950.72 177,165,450.68 - -------------------------------------------------------------------------------------------------------------------------------- PREFUNDING POOL III POOL II POOL I TOTAL - -------------------------------------------------------------------------------------------------------------------------------- SPACE INTENTIONALLY LEFT BLANK - -------------------------------------------------------------------------------------------------------------------------------- CHARACTERISTICS POOL III POOL II POOL I TOTAL - -------------------------------------------------------------------------------------------------------------------------------- Weighted Average Coupon Original 7.491710% 7.985425% 8.355685% 7.950915% Weighted Average Coupon Prior 8.700699% 8.723301% 8.941728% 8.792670% Weighted Average Coupon Current 8.735323% 8.698458% 8.826817% 8.754482% ---------------------------------------------------------------------------------------------------------------------------- Weighted Average Months to Maturity Original 194 199 197 197 Weighted Average Months to Maturity Prior 184 189 186 186 Weighted Average Months to Maturity Current 183 188 185 185 ---------------------------------------------------------------------------------------------------------------------------- Weighted Avg Remaining Amortization Term Original 200 214 208 207 Weighted Avg Remaining Amortization Term Prior 191 203 197 197 Weighted Avg Remaining Amortization Term Current 190 202 196 196 ---------------------------------------------------------------------------------------------------------------------------- Weighted Average Seasoning Original 2.84 2.88 3.04 2.93 Weighted Average Seasoning Prior 11.87 11.98 12.20 12.02 Weighted Average Seasoning Current 12.89 12.97 13.18 13.01 - --------------------------------------------------------------------------------------------------------------------------------
Note: Original information refers to deal issue.
ARM CHARACTERISTICS POOL III POOL II POOL I TOTAL - --------------------------------------------------------------------------------------------------------------------------------- Weighted Average Margin Original 2.966% 2.411% 2.558% Weighted Average Margin Prior 3.006% 2.333% 2.510% Weighted Average Margin Current 3.022% 2.322% 2.489% ----------------------------------------------------------------------------------------------------------------------------- Weighted Average Max Rate Original 17.703% 17.039% 17.227% Weighted Average Max Rate Prior 17.702% 17.199% 17.298% Weighted Average Max Rate Current 17.736% 17.175% 17.305% ----------------------------------------------------------------------------------------------------------------------------- Weighted Average Min Rate Original 6.606% 7.182% 7.837% Weighted Average Min Rate Prior 6.569% 7.100% 7.791% Weighted Average Min Rate Current 6.496% 7.131% 7.762% ----------------------------------------------------------------------------------------------------------------------------- Weighted Average Cap Up Original Weighted Average Cap Up Prior Weighted Average Cap Up Current ----------------------------------------------------------------------------------------------------------------------------- Weighted Average Cap Down Original Weighted Average Cap Down Prior Weighted Average Cap Down Current - --------------------------------------------------------------------------------------------------------------------------------- Note: Original information refers to deal issue. SERVICING FEES / ADVANCES POOL III POOL II POOL I TOTAL - --------------------------------------------------------------------------------------------------------------------------------- TOTAL SERVICING FEE 25,453.50 26,202.91 27,035.63 78,692.04 - --------------------------------------------------------------------------------------------------------------------------------- ADDITIONAL COLLATERAL INFORMATION POOL III POOL II POOL I TOTAL - --------------------------------------------------------------------------------------------------------------------------------- SPACE INTENTIONALLY LEFT BLANK - ---------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------ Delinquency Report - Total - ------------------------------------------------------------------------------------------------------------------------------------ CURRENT 1 PAYMENT 2 PAYMTS 3+ PAYMTS TOTAL - ------------------------------------------------------------------------------------------------------------------------------------ DELINQUENT Balance 5,377,917.10 412,149.44 98,940.87 5,889,007.41 % Balance 3.04% 0.23% 0.06% 3.32% # Loans 88 12 1 101 % # Loans 2.77% 0.38% 0.03% 3.18% - ------------------------------------------------------------------------------------------------------------------------------------ FORECLOSURE Balance 133,956.09 245,626.28 252,916.00 4,016,395.74 4,648,894.11 % Balance 0.08% 0.14% 0.14% 2.27% 2.62% # Loans 4 4 5 53 66 % # Loans 0.13% 0.13% 0.16% 1.67% 2.08% - ------------------------------------------------------------------------------------------------------------------------------------ BANKRUPTCY Balance 229,396.37 91,312.54 - 357,216.14 677,925.05 % Balance 0.13% 0.05% 0.00% 0.20% 0.38% # Loans 3 2 - 6 11 % # Loans 0.09% 0.06% 0.00% 0.19% 0.35% - ------------------------------------------------------------------------------------------------------------------------------------ REO Balance - - - 37,729.48 37,729.48 % Balance 0.00% 0.00% 0.00% 0.02% 0.02% # Loans - - - 1 1 % # Loans 0.00% 0.00% 0.00% 0.03% 0.03% - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ TOTAL Balance 363,352.46 5,714,855.92 665,065.44 4,510,282.23 11,253,556.05 % Balance 0.21% 3.23% 0.38% 2.55% 6.35% # Loans 7 94 17 61 179 % # Loans 0.22% 2.96% 0.54% 1.92% 5.64% - ------------------------------------------------------------------------------------------------------------------------------------ Note: Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 3+ Payments = 90+ - ------------------------------------------------------------------------------------------------------------------------------------ Delinquency Report - Pool I Group - ------------------------------------------------------------------------------------------------------------------------------------ CURRENT 1 PAYMENT 2 PAYMTS 3+ PAYMTS TOTAL - ------------------------------------------------------------------------------------------------------------------------------------ DELINQUENT Balance 1,163,272.45 275,031.17 98,940.87 1,537,244.49 % Balance 1.94% 0.46% 0.17% 2.57% # Loans 37 9 1 47 % # Loans 2.39% 0.58% 0.06% 3.04% - ------------------------------------------------------------------------------------------------------------------------------------ FORECLOSURE Balance 115,162.15 211,593.16 163,012.04 999,017.26 1,488,784.61 % Balance 0.19% 0.35% 0.27% 1.67% 2.49% # Loans 3 3 3 21 30 % # Loans 0.19% 0.19% 0.19% 1.36% 1.94% - ------------------------------------------------------------------------------------------------------------------------------------ BANKRUPTCY Balance - 16,306.95 - 247,569.99 263,876.94 % Balance 0.00% 0.03% 0.00% 0.41% 0.44% # Loans - 1 - 4 5 % # Loans 0.00% 0.06% 0.00% 0.26% 0.32% - ------------------------------------------------------------------------------------------------------------------------------------ REO Balance - - - - - % Balance 0.00% 0.00% 0.00% 0.00% 0.00% # Loans - - - - - % # Loans 0.00% 0.00% 0.00% 0.00% 0.00% - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ TOTAL Balance 115,162.15 1,391,172.56 438,043.21 1,345,528.12 3,289,906.04 % Balance 0.19% 2.32% 0.73% 2.25% 5.50% # Loans 3 41 12 26 82 % # Loans 0.19% 2.65% 0.78% 1.68% 5.30% - ------------------------------------------------------------------------------------------------------------------------------------ Note: Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
- ------------------------------------------------------------------------------------------------------------------------------------ Delinquency Report - Pool II Group - ------------------------------------------------------------------------------------------------------------------------------------ CURRENT 1 PAYMENT 2 PAYMTS 3+ PAYMTS TOTAL - ------------------------------------------------------------------------------------------------------------------------------------ DELINQUENT Balance 1,832,741.43 137,118.27 - 1,969,859.70 % Balance 3.16% 0.24% 0.00% 3.40% # Loans 41 3 - 44 % # Loans 3.18% 0.23% 0.00% 3.42% - ------------------------------------------------------------------------------------------------------------------------------------ FORECLOSURE Balance 18,793.94 34,033.12 89,903.96 1,418,105.58 1,560,836.60 % Balance 0.03% 0.06% 0.15% 2.44% 2.69% # Loans 1 1 2 24 28 % # Loans 0.08% 0.08% 0.16% 1.86% 2.17% - ------------------------------------------------------------------------------------------------------------------------------------ BANKRUPTCY Balance 229,396.37 75,005.59 - 109,646.15 414,048.11 % Balance 0.40% 0.13% 0.00% 0.19% 0.71% # Loans 3 1 - 2 6 % # Loans 0.23% 0.08% 0.00% 0.16% 0.47% - ------------------------------------------------------------------------------------------------------------------------------------ REO Balance - - - 37,729.48 37,729.48 % Balance 0.00% 0.00% 0.00% 0.07% 0.07% # Loans - - - 1 1 % # Loans 0.00% 0.00% 0.00% 0.08% 0.08% - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ TOTAL Balance 248,190.31 1,941,780.14 227,022.23 1,565,481.21 3,982,473.89 % Balance 0.43% 3.35% 0.39% 2.70% 6.86% # Loans 4 43 5 27 79 % # Loans 0.31% 3.34% 0.39% 2.10% 6.13% - ------------------------------------------------------------------------------------------------------------------------------------ Note: Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 3+ Payments = 90+ - ------------------------------------------------------------------------------------------------------------------------------------ Delinquency Report - Pool III Group - ------------------------------------------------------------------------------------------------------------------------------------ CURRENT 1 PAYMENT 2 PAYMTS 3+ PAYMTS TOTAL - ------------------------------------------------------------------------------------------------------------------------------------ DELINQUENT Balance 2,381,903.22 - - 2,381,903.22 % Balance 4.02% 0.00% 0.00% 4.02% # Loans 10 - - 10 % # Loans 2.94% 0.00% 0.00% 2.94% - ------------------------------------------------------------------------------------------------------------------------------------ FORECLOSURE Balance - - - 1,599,272.90 1,599,272.90 % Balance 0.00% 0.00% 0.00% 2.70% 2.70% # Loans - - - 8 8 % # Loans 0.00% 0.00% 0.00% 2.35% 2.35% - ------------------------------------------------------------------------------------------------------------------------------------ BANKRUPTCY Balance - - - - - % Balance 0.00% 0.00% 0.00% 0.00% 0.00% # Loans - - - - - % # Loans 0.00% 0.00% 0.00% 0.00% 0.00% - ------------------------------------------------------------------------------------------------------------------------------------ REO Balance - - - - - % Balance 0.00% 0.00% 0.00% 0.00% 0.00% # Loans - - - - - % # Loans 0.00% 0.00% 0.00% 0.00% 0.00% - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ TOTAL Balance - 2,381,903.22 - 1,599,272.90 3,981,176.12 % Balance 0.00% 4.02% 0.00% 2.70% 6.71% # Loans - 10 - 8 18 % # Loans 0.00% 2.94% 0.00% 2.35% 5.29% - ------------------------------------------------------------------------------------------------------------------------------------ Note: Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
- ------------------------------------------------------------------------------------------------------------------------------------ REO Report - Mortgage Loans that Become REO During Current Distribution - ------------------------------------------------------------------------------------------------------------------------------------ SUMMARY LOAN GROUP - ------------------------------------------------------------------------------------------------------------------------------------ Total Loan Count = 0 Loan Group 1 = Pool I Group; REO Book Value = Not Available Total Original Principal Balance = 000.00 Loan Group 2 = Pool II Group; REO Book Value = Not Available Total Current Balance = 000.00 Loan Group 3 = Pool III Group; REO Book Value = Not Available REO Book Value = Not Available - ------------------------------------------------------------------------------------------------------------------------------------ REO Book Value reported corresponds to total REO loans, including loans that become REO during current distribution. - ------------------------------------------------------------------------------------------------------------------------------------ Loan Number Original Stated Current State & & Principal Principal Paid to Note LTV at Original Origination Loan Group Balance Balance Date Rate Origination Term Date - ------------------------------------------------------------------------------------------------------------------------------------ SPACE INTENTIONALLY LEFT BLANK - ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------ Prepayment Report - Voluntary Prepayments - ------------------------------------------------------------------------------------------------------------------------------------ VOLUNTARY PREPAYMENTS POOL III POOL II POOL I TOTAL - ------------------------------------------------------------------------------------------------------------------------------------ Current Number of Paid in Full Loans 15 95 118 228 Number of Repurchased Loans - - - - -------------------------------------------------------------------------------------------------------------------------------- Total Number of Loans Prepaid in Full 15 95 118 228 Paid in Full Balance 2,296,733.84 4,710,631.11 5,031,359.40 12,038,724.35 Repurchased Loans Balance - - - - Curtailments Amount 385,114.92 424,294.24 541,701.55 1,351,110.71 -------------------------------------------------------------------------------------------------------------------------------- Total Prepayment Amount 2,681,848.76 5,134,925.35 5,573,060.95 13,389,835.06 Cumulative Number of Paid in Full Loans 243 884 1,101 2,228 Number of Repurchased Loans - - - - -------------------------------------------------------------------------------------------------------------------------------- Total Number of Loans Prepaid in Full 243 884 1,101 2,228 Paid in Full Balance 44,905,584.41 44,233,291.95 46,968,608.92 136,107,485.28 Repurchased Loans Balance - - - - Curtailments Amount 14,935,403.90 9,809,442.73 12,540,617.04 37,285,463.67 -------------------------------------------------------------------------------------------------------------------------------- Total Prepayment Amount 59,840,988.31 54,042,734.68 59,509,225.96 173,392,948.95 SPACE INTENTIONALLY LEFT BLANK - ------------------------------------------------------------------------------------------------------------------------------------ VOLUNTARY PREPAYMENT RATES POOL III POOL II POOL I TOTAL - ------------------------------------------------------------------------------------------------------------------------------------ SMM 4.40% 8.18% 8.61% 7.11% 3 Months Avg SMM 6.19% 6.99% 7.64% 6.95% 12 Months Avg SMM 5.62% 5.37% 5.63% 5.54% Avg SMM Since Cut-off 5.73% 5.19% 5.47% 5.45% CPR 41.72% 64.10% 66.05% 58.70% 3 Months Avg CPR 53.55% 58.08% 61.46% 57.86% 12 Months Avg CPR 50.04% 48.44% 50.11% 49.51% Avg CPR Since Cut-off 50.71% 47.21% 49.08% 48.99% PSA 1618.66% 2470.78% 2505.37% 2255.44% 3 Months Avg PSA Approximation 2254.69% 2425.30% 2521.60% 2407.86% 12 Months Avg PSA Approximation 3147.69% 3029.45% 3065.23% 3078.69% Avg PSA Since Cut-off Approximation 3355.89% 3105.82% 3154.90% 3202.74% - ------------------------------------------------------------------------------------------------------------------------------------
PREPAYMENT CALCULATION METHODOLOGY - -------------------------------------------------------------------------------- Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn) * (1-SMMn+1) *.......*(1-SMMm)]^(1/months in period n,m) Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+......+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases. Dates correspond to distribution dates. - --------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------ Realized Loss Report - Collateral - ------------------------------------------------------------------------------------------------------------------------------------ COLLATERAL REALIZED LOSSES POOL III POOL II POOL I TOTAL - ------------------------------------------------------------------------------------------------------------------------------------ Current Number of Loans Liquidated - 3 - 3 Collateral Realized Loss/(Gain) Amount - 83,197.42 - 83,197.42 Net Liquidation Proceeds - 164,044.93 - 164,044.93 Cumulative Number of Loans Liquidated - 18 14 32 Collateral Realized Loss/(Gain) Amount 462,593.66 226,692.80 142,733.66 832,020.12 Net Liquidation Proceeds (462,593.66) 702,124.66 707,634.57 947,165.57 Note: Collateral realized losses may include adjustments to loans liquidated in prior periods. Cumulative Losses as % of Original Balance 0.4816% 0.2345% 0.1417% 0.2836% Cumulative Losses as % of Current Balance 0.7799% 0.3907% 0.2385% 0.4696% - ------------------------------------------------------------------------------------------------------------------------------------ DEFAULT SPEEDS POOL III POOL II POOL I TOTAL - ------------------------------------------------------------------------------------------------------------------------------------ MDR 0.00% 0.39% 0.00% 0.13% 3 Months Avg MDR 0.00% 0.20% 0.21% 0.14% 12 Months Avg MDR 0.00% 0.11% 0.09% 0.07% Avg MDR Since Cut-off 0.00% 0.10% 0.08% 0.06% CDR 0.00% 4.62% 0.00% 1.56% 3 Months Avg CDR 0.00% 2.41% 2.48% 1.67% 12 Months Avg CDR 0.00% 1.28% 1.09% 0.80% Avg CDR Since Cut-off 0.00% 1.18% 1.01% 0.74% SDA 0.00% 17.80% 0.00% 5.99% 3 Months Avg SDA Approximation 0.00% 10.07% 10.16% 6.94% 12 Months Avg SDA Approximation 0.00% 7.98% 6.68% 5.00% Avg SDA Since Cut-off Approximation 0.00% 7.75% 6.48% 4.85% Loss Severity Approximation for Current Period 33.65% 33.65% 3 Months Avg Loss Severity Approximation 57.51% 28.75% 40.11% 12 Months Avg Loss Severity Approximation 31.21% 9.58% 62.88% Avg Loss Severity Approximation Since Cut-off 31.21% 9.58% 62.88% - ------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY - -------------------------------------------------------------------------------- Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/ (Total Beg Principal Balance) Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: CDR/IF(WAS<61,min(30,was)*0.02,max(0.03, min(30,was)*0.02-0.0095*(was-60))) average mdr over period between nth month and mth month (avgmdrn,m): [(1-mdrn) * (1-mdrn+1) *.....*(1-mdrm)]^(1/months in period n,m) average cdr over period between the nth month and mth month (avgcdrn,m): 1-((1-avgmdrn,m)^12) average sda approximation over period between the nth month and mth month: avgcdrn,m/if(avg wasn,m<61,min(30,avg wasn,m)*0.02,max(0.03,min(30,avg wasn,m)*0.02-0.0095*(avg wasn,m-60))) average wasn,m: (wasn + wasn+1 +......+ wasm)/(number of months in the period n,m) loss severity approximation for current period: sum(realized loss amount)/ sum(beg principal balance of liquidated loans) average loss severity approximation over period between nth month and mth month: avg(loss severityn,m) note: default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods. dates correspond to distribution dates. - --------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------ Realized Loss Detail Report - Loans Liquidated During Current Distribution - ------------------------------------------------------------------------------------------------------------------------------------ SUMMARY LOAN GROUP - --------------------------------------------------------- ----------------------------------------------------------- Total Loan Count = 3 Loan Group 1 = Pool I Group Total Original Principal Balance = 255,000.00 Loan Group 2 = Pool II Group Total Prior Principal Balance = 247,242.35 Loan Group 3 = Pool III Group Total Realized Loss Amount = 83,197.42 Total Net Liquidation Proceeds = 164,044.93 - --------------------------------------------------------- ----------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ Loan Number Original Prior Current State & & Loan Principal Principal Realized Note LTV at Original Origination Loan Group Status Balance Balance Loss/(Gain) Rate Origination Term Date - ------------------------------------------------------------------------------------------------------------------------------------ 101418374 2 87,000.00 83,197.42 - 5.875% CA - 95.00% 180 Aug-18-00 101559201 2 100,000.00 98,152.16 - 5.500% CA - 66.56% 180 Sep-28-00 101808335 2 68,000.00 65,892.77 - 9.750% CA - 66.01% 180 Oct-30-00 - ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------ Triggers, Adj. Rate Cert. and Miscellaneous Report - ------------------------------------------------------------------------------------------------------------------------------------ TRIGGER EVENTS POOL III POOL II POOL I TOTAL - ------------------------------------------------------------------------------------------------------------------------------------ Servicer Event of Default No No No No Insurer Default No No No No - ------------------------------------------------------------------------------------------------------------------------------------ ADJUSTABLE RATE CERTIFICATE INFORMATION POOL III POOL II POOL I TOTAL - ------------------------------------------------------------------------------------------------------------------------------------ SPACE INTENTIONALLY LEFT BLANK - ------------------------------------------------------------------------------------------------------------------------------------ ADDITIONAL INFORMATION POOL III POOL II POOL I TOTAL - ------------------------------------------------------------------------------------------------------------------------------------ Detail Delinq. Breakdown to Supplement pages 11-13 Number of Mort. Loans Delinq. 90 - 119 days - - 1 1 Balance of Mort. Loans Delinq. 90 - 119 days 0.00 0.00 98,940.87 98,940.87 Number of Mort. Loans Delinq. 120 - 149 days - - - - Balance of Mort. Loans Delinq. 120 - 149 days 0.00 0.00 0.00 0.00 Number of Mort. Loans Delinq. 150 - 179 days - 1 - 1 Balance of Mort. Loans Delinq. 150 - 179 days 0.00 19,639.48 0.00 19,639.48 Number of Mort. Loans Delinq. 180 days or more - - - - Balance of Mort. Loans Delinq. 180 days or more 0.00 0.00 12.00 12.00 Number of Mort. Loans Delinq. 180 days or more (including status) 2 16 12 30 Balance of Mort. Loans Delinq. 180 days or more (including status) 426,540.06 1,028,946.13 720,345.88 2,175,832.07 Management Fee Accrued and Unpaid 2,127.71 2,141.10 2,231.19 6,500.00 - ------------------------------------------------------------------------------------------------------------------------------------