GreenPoint Mortgage Securities 2003-1 Monthly Payment Date Statement to Certificateholders (January 26, 2004)
This statement, prepared by JPMorgan Chase Bank as administrator, provides a detailed report to certificateholders of the GreenPoint Mortgage Securities 2003-1 trust. It outlines the distribution of principal and interest payments for various classes of certificates, the status of mortgage loans in the pool, and information on delinquencies, bankruptcies, and foreclosures as of January 26, 2004. The document also includes data on available funds, servicing fees, and loss coverage amounts. It is intended to keep investors informed about the performance and status of their mortgage-backed securities.
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
January 26, 2004
Distribution In Dollars
| Class | Original Face Value | Beginning Balance | Principal | Interest | Total | Realized Loses | Deferred Interest | Ending Principal Balance | ||||||||
| A1 | 203,191,000.00 | 198,550,153.83 | 2,752,559.15 | 739,152.76 | 3,491,711.91 | 0.00 | 0.00 | 195,797,594.68 | ||||||||
| M1 | 2,820,000.00 | 2,817,654.73 | 600.74 | 10,489.43 | 11,090.17 | 0.00 | 0.00 | 2,817,053.99 | ||||||||
| M2 | 1,044,000.00 | 1,043,131.74 | 222.40 | 3,883.32 | 4,105.72 | 0.00 | 0.00 | 1,042,909.34 | ||||||||
| M3 | 835,000.00 | 834,305.57 | 177.88 | 3,105.91 | 3,283.79 | 0.00 | 0.00 | 834,127.69 | ||||||||
| B1 | 313,000.00 | 312,739.70 | 66.68 | 1,164.25 | 1,230.93 | 0.00 | 0.00 | 312,673.02 | ||||||||
| B2 | 313,000.00 | 312,739.70 | 66.68 | 1,164.25 | 1,230.93 | 0.00 | 0.00 | 312,673.02 | ||||||||
| B3 | 421,221.00 | 420,870.68 | 89.73 | 1,566.80 | 1,656.53 | 0.00 | 0.00 | 420,780.95 | ||||||||
| R | 0.00 | 0.00 | 0.00 | 0.04 | 0.04 | 0.00 | 0.00 | 0.00 | ||||||||
| TOTALS | 208,937,221.00 | 204,291,595.95 | 2,753,783.26 | 760,526.76 | 3,514,310.02 | 0.00 | 0.00 | 201,537,812.69 | ||||||||
| Factor Information Per $1000 Of Original Face | Pass-Through Rates | ||||||||||||||||
| Class | Cusip | Beginning Principal | Principal | Interest | Total | Ending Principal | Class | Current Pass Thru Rate | |||||||||
| A1 | 395387AA1 | 977.16017850 | 13.54665881 | 3.63772391 | 17.18438272 | 963.61351969 | A1 | 4.467301 | % | ||||||||
| M1 | 395387AB9 | 999.16834397 | 0.21302837 | 3.71965603 | 3.93268440 | 998.95531560 | M1 | 4.467301 | % | ||||||||
| M2 | 395387AC7 | 999.16833333 | 0.21302682 | 3.71965517 | 3.93268199 | 998.95530651 | M2 | 4.467301 | % | ||||||||
| M3 | 395387AD5 | 999.16834731 | 0.21302994 | 3.71965269 | 3.93268263 | 998.95531737 | M3 | 4.467301 | % | ||||||||
| B1 | 395387AE3 | 999.16837061 | 0.21303514 | 3.71964856 | 3.93268371 | 998.95533546 | B1 | 4.467301 | % | ||||||||
| B2 | 395387AF0 | 999.16837061 | 0.21303514 | 3.71964856 | 3.93268371 | 998.95533546 | B2 | 4.467301 | % | ||||||||
| B3 | 395387AG8 | 999.16832257 | 0.21302357 | 3.93268617 | 3.93268617 | 998.95529900 | B3 | 4.467301 | % | ||||||||
| TOTALS | 977.76545018 | 13.17995543 | 16.81993282 | 16.81993282 | 964.58549475 | ||||||||||||
| Available Funds | 3,514,310.02 | |
| Scheduled Principal Payments | 43,556.07 | |
| Principal Prepayments | 2,710,227.19 | |
| Repurchase Principal | 0.00 | |
| Substitution Amounts | 0.00 | |
| Net Liquidation Proceeds | 0.00 | |
| Insurance Proceeds | 0.00 | |
| Other Principal | 0.00 | |
| Gross Interest | 804,960.18 | |
| Master Servicing Fees | 42,560.75 | |
| Trustee Fees | 1,872.67 | |
| Current Monthly Advances | 67,291.98 | |
| Beginning Number of Loans Outstanding | 487 | |
| Beginning Aggregate Loan Balance | 204,291,596.76 | |
| Ending Number of Loans Outstanding | 479 | |
| Ending Aggregate Loan Balance | 201,537,813.50 | |
Delinquent Mortgage Loans
| Group Totals | |||||||
| Category | Number | Principal Balance | Percentage | ||||
| 1 Month | 0 | 0.00 | 0.00 | % | |||
| 2 Month | 1 | 1,350,000.00 | 0.67 | % | |||
| 3 Month | 0 | 0.00 | 0.00 | % | |||
| Total | 1 | 1,350,000.00 | 0.67 | % | |||
| * | Delinquent Bankruptcies are included in the table above. |
Bankruptcies
| Group Totals | |||||
| Number | Principal Balance | Percentage | |||
| 0 | 0.00 | 0.00 | % | ||
| * | Only Current Bankruptcies are reflected in the table above. |
Foreclosures
| Group Totals | |||||
| Number | Principal Balance | Percentage | |||
| 0 | 0.00 | 0.00 | % | ||
REO Properties
| Group Totals | |||||
| Number | Principal 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 | 3,750,970.80 | ||
| Bankruptcy Coverage Amount | 100,000.00 | ||
| Fraud Loss Coverage Amount | 2,008,937.00 | ||
| Senior Percentage (for next Distribution Date) | 97.151791 | % | |
| Subordinate Percentage (for next Distribution Date) | 2.848209 | % | |
| Senior Prepayment Percentage (for next Distribution Date) | 100.000000 | % | |
| Subordinate Prepayment Percentage (for next Distribution Date) | 0.000000 | % | |
