GreenPoint Home Equity Loan Trust 2000-3 Monthly Payment Date Statement (May 15, 2001)
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Summary
This document is a monthly payment statement for the GreenPoint Home Equity Loan Trust 2000-3, involving GreenPoint Mortgage as the seller and master servicer, Deutsche Bank as administrator, and Financial Guaranty Insurance Corporation as the certificate insurer. It details the distribution of principal and interest payments to noteholders for the period ending May 15, 2001, including payment amounts, outstanding balances, and collection account activity. The statement provides transparency on the trust's financial performance and the status of the asset-backed notes issued under this series.
EX-10.1 2 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 - ----------------------------------------------------------------------------------------------------------------------------------
GreenPoint Home Equity Loan Trust 2000-3 Home Equity Loan Asset-Backed Notes Series 2000-3 Certificate Payment Report for May 15, 2001 Distribution
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Note: Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
Note: Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
Note: Current = 0-29 days, 1 Payment = 30-59 days, 2 Payments = 60-89 days, 3+ Payments = 90+
Note: Current = 0-29 days, 1 Payment = 30-59 days, 2 Payments = 60-89 days, 3+ Payments = 90+
REO Book Value reported corresponds to total REO loans, including loans that become REO during current distribution.
VOLUNTARY PREPAYMENT RATES POOL III POOL II POOL I TOTAL - -------------------------------------------------------------------------------- SMM 3.93% 4.61% 4.69% 4.42% 3 Months Avg SMM 5.34% 4.21% 4.23% 4.58% 12 Months Avg SMM Avg SMM Since Cut-off 5.39% 3.59% 3.78% 4.24% CPR 38.16% 43.23% 43.83% 41.89% 3 Months Avg CPR 48.26% 40.33% 40.47% 43.03% 12 Months Avg CPR Avg CPR Since Cut-off 48.54% 35.54% 37.06% 40.53% PSA 3242.29% 3686.18% 3636.50% 3533.48% 3 Months Avg PSA Approximation 4959.19% 4146.25% 4024.81% 4371.34% 12 Months Avg PSA Approximation Avg PSA Since Cut-off Approximation 5980.19% 4366.91% 4375.89% 4914.59% - -------------------------------------------------------------------------------- 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. - --------------------------------------------------------------------------------
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. - --------------------------------------------------------------------------------
