GreenPoint Mortgage Securities 2003-1 Monthly Payment Date Statement to Certificateholders (October 27, 2003)
This statement, prepared by JPMorgan Chase Bank as administrator, provides a detailed breakdown of the monthly distribution of principal and interest payments to holders of GreenPoint Mortgage Securities, Series 2003-1. It includes payment amounts, outstanding loan balances, delinquency status, and coverage for losses. The report is intended for certificateholders and outlines the financial status and performance of the underlying mortgage pool as of October 27, 2003.
Exhibit 10.1
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT,
PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW:
Scott B. Rubin
JPMorgan Chase Bank – Structured Finance Services
4 New York Plaza, 6th Floor
New York, NY 10004
Tel: (212) 623-4507 / Fax: (212) 623-5930
Email: ***@***
GreenPoint Mortgage Securities, 2003-1
Statement to Certificateholders
October 27, 2003
| Distribution In Dollars | ||||||||||||||||
| Class | Original Face Value | Prior Principal Balance | Principal | Interest | Total | Realized Loses | Deferred Interest | Current Principal Balance | ||||||||
| A1 | 203,191,000.00 | 203,138,492.81 | 1,979,454.40 | 756,682.24 | 2,736,136.64 | 0.00 | 0.00 | 201,159,038.41 | ||||||||
| M1 | 2,820,000.00 | 2,819,421.20 | 570.80 | 10,502.22 | 11,073.02 | 0.00 | 0.00 | 2,818,850.40 | ||||||||
| M2 | 1,044,000.00 | 1,043,785.72 | 211.32 | 3,888.06 | 4,099.38 | 0.00 | 0.00 | 1,043,574.40 | ||||||||
| M3 | 835,000.00 | 834,828.62 | 169.01 | 3,109.70 | 3,278.71 | 0.00 | 0.00 | 834,659.61 | ||||||||
| B1 | 313,000.00 | 312,935.76 | 63.35 | 1,165.67 | 1,229.02 | 0.00 | 0.00 | 312,872.41 | ||||||||
| B2 | 313,000.00 | 312,935.76 | 63.35 | 1,165.67 | 1,229.02 | 0.00 | 0.00 | 312,872.41 | ||||||||
| B3 | 421,221.00 | 421,134.54 | 85.26 | 1,568.71 | 1,653.97 | 0.00 | 0.00 | 421,049.28 | ||||||||
| R | 0.00 | 0.00 | 0.00 | 0.04 | 0.04 | 0.00 | 0.00 | 0.00 | ||||||||
| TOTALS | 208,937,221.00 | 208,883,534.41 | 1,980,617.49 | 778,082.31 | 2,758,699.80 | 0.00 | 0.00 | 206,902,916.92 | ||||||||
| Factor Information Per $1000 Of Original Face | Pass-Through Rates | ||||||||||||||||
| Class | Cusip | Prior Principal Factor | Principal | Interest | Total | Current Principal Factor | Class | Current Pass Thru Rate | | ||||||||
| A1 | 395387AA1 | 999.74158703 | 9.74184093 | 3.72399486 | 13.46583579 | 989.99974610 | A1 | 4.469949 | % | ||||||||
| M1 | 395387AB9 | 999.79475177 | 0.20241135 | 3.72419149 | 3.92660284 | 999.59234043 | M1 | 4.469949 | % | ||||||||
| M2 | 395387AC7 | 999.79475096 | 0.20241379 | 3.72419540 | 3.92660920 | 999.59233716 | M2 | 4.469949 | % | ||||||||
| M3 | 395387AD5 | 999.79475449 | 0.20240719 | 3.72419162 | 3.92659880 | 999.59234731 | M3 | 4.469949 | % | ||||||||
| B1 | 395387AE3 | 999.79476038 | 0.20239617 | 3.72418530 | 3.92658147 | 999.59236422 | B1 | 4.469949 | % | ||||||||
| B2 | 395387AF0 | 999.79476038 | 0.20239617 | 3.72418530 | 3.92658147 | 999.59236422 | B2 | 4.469949 | % | ||||||||
| B3 | 395387AG8 | 999.79473958 | 0.20241156 | 3.72419704 | 3.92660860 | 999.59232802 | B3 | 4.469949 | % | ||||||||
| TOTALS | 999.74304918 | 9.47948614 | 3.72400047 | 13.20348661 | 990.26356304 | ||||||||||||
| Available Funds | 2,758,699.81 | ||||||||||||
| Scheduled Principal Payments | 42,289.08 | ||||||||||||
| Principal Prepayments | 1,938,328.42 | ||||||||||||
| Repurchase Principal | 0.00 | ||||||||||||
| Substitution Amounts | 0.00 | ||||||||||||
| Net Liquidation Proceeds | 0.00 | ||||||||||||
| Insurance Proceeds | 0.00 | ||||||||||||
| Other Principal | 0.00 | ||||||||||||
| Gross Interest | 823,514.48 | ||||||||||||
| Master Servicing Fees | 43,517.40 | ||||||||||||
| Trustee Fees | 1,914.77 | ||||||||||||
| Current Monthly Advances | 127,396.12 | ||||||||||||
| Beginning Number of Loans Outstanding | 497 | ||||||||||||
| Beginning Aggregate Loan Balance | 208,883,535.24 | ||||||||||||
| Ending Number of Loans Outstanding | 493 | ||||||||||||
| Ending Aggregate Loan Balance | 206,902,917.74 | ||||||||||||
| Delinquent Mortgage Loans | |||||||||||||
| Group Totals | |||||||||||||
| Principal | |||||||||||||
| Category | Number | Balance | Percentage | ||||||||||
| 1 Month | 0 | 0.00 | 0.00 | % | |||||||||
| 2 Month | 0 | 0.00 | 0.00 | % | |||||||||
| 3 Month | 0 | 0.00 | 0.00 | % | |||||||||
| Total | 0 | 0.00 | 0.00 | % | |||||||||
| * Delinquent Bankruptcies are included in the table above. | |||||||||||||
| Bankruptcies | |||||||||||||
| Group Totals | |||||||||||||
| Principal | |||||||||||||
| Number | Balance | Percentage | |||||||||||
| 0 | 0.00 | 0.00 | % | ||||||||||
| * Only Current Bankruptcies are reflected in the table above. | |||||||||||||
| Foreclosures | |||||||||||||
| Group Totals | |||||||||||||
| Principal | |||||||||||||
| Number | Balance | Percentage | |||||||||||
| 0 | 0.00 | 0.00 | % | ||||||||||
| REO Properties | |||||||||||||
| Group Totals | |||||||||||||
| Principal | |||||||||||||
| Number | Balance | Percentage | |||||||||||
| 0 | 0.00 | 0.00 | % | ||||||||||
| Book Value of REO Properties | 0.00 | ||||||||||||
| Current Realized Losses | 0.00 | ||||||||||||
| Cumulative Realized Losses | 0.00 | ||||||||||||
| Special Hazard Loss Coverage Amount | 3,768,689.42 | ||||||||||||
| Bankruptcy Coverage Amount | 100,000.00 | ||||||||||||
| Fraud Loss Coverage Amount | 2,008,937.00 | ||||||||||||
| Senior Percentage (for next Distribution Date) | 0.972239 | % | |||||||||||
| Subordinate Percentage (for next Distribution Date) | 0.027761 | % | |||||||||||
| Senior Prepayment Percentage (for next Distribution Date) | 1.000000 | % | |||||||||||
| Subordinate Prepayment Percentage (for next Distribution Date) | 0.000000 | % | |||||||||||
