GreenPoint Mortgage Securities 2003-1 Monthly Payment Date Statement to Certificateholders (December 26, 2003)
This statement, prepared by JPMorgan Chase Bank as administrator, provides a detailed breakdown of the monthly distribution of principal and interest payments to certificateholders of the GreenPoint Mortgage Securities 2003-1 trust. It includes information on available funds, payment allocations, loan balances, delinquency status, and loss coverage as of December 26, 2003. The document is intended for investors and stakeholders to track the performance and status of the mortgage-backed securities for the specified period.
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
December 26, 2003
Distribution In Dollars
| Class | Original Face Value | Beginning Balance | Principal | Interest | Total | Realized Loses | Deferred Interest | Ending Principal Balance | ||||||||
| A1 | 203,191,000.00 | 200,554,858.62 | 2,004,704.79 | 745,754.92 | 2,751,459.71 | 0.00 | 0.00 | 198,550,153.83 | ||||||||
| M1 | 2,820,000.00 | 2,818,25.89 | 600.16 | 10,493.62 | 11,093.78 | 0.00 | 0.00 | 2,817,654.73 | ||||||||
| M2 | 1,044,000.00 | 1,043,353.93 | 222.19 | 3,884.87 | 4,107.06 | 0.00 | 0.00 | 1,043,131.74 | ||||||||
| M3 | 835,000.00 | 834,483.28 | 177.71 | 3,107.15 | 3,284.86 | 0.00 | 0.00 | 834,305.57 | ||||||||
| B1 | 313,000.00 | 312,806.31 | 66.61 | 1,164.72 | 1,231.33 | 0.00 | 0.00 | 312,739.70 | ||||||||
| B2 | 313,000.00 | 312,806.31 | 66.61 | 1,164.72 | 1,231.33 | 0.00 | 0.00 | 312,739.70 | ||||||||
| B3 | 421,221.00 | 420,960.33 | 89.65 | 1,567.42 | 1,657.07 | 0.00 | 0.00 | 420,870.68 | ||||||||
| R | 0.00 | 0.00 | 0.00 | 0.07 | 0.07 | 0.00 | 0.00 | 0.00 | ||||||||
| TOTALS | 208,937,221.00 | 206,297,523.67 | 2,005,927.72 | 768,137.49 | 2,774,065.21 | 0.00 | 0.00 | 204,291,595.95 | ||||||||
| Factor Information Per $1000 Of Original Face | Pass-Through Rates | ||||||||||||||||
| Class | Cusip | Beginning Principal | Principal | Interest | Total | Ending Principal | Class | Current Pass Thru | |||||||||
| A1 | 395387AA1 | 987.02628866 | 9.86611016 | 3.67513778 | 13.54124794 | 977.16017850 | A1 | 4.468134 | % | ||||||||
| M1 | 395387AB9 | 999.38116667 | 0.21282270 | 3.72114184 | 3.93396454 | 999.16834397 | M1 | 4.468134 | % | ||||||||
| M2 | 395387AC7 | 999.38115900 | 0.21282567 | 3.72113985 | 3.93396552 | 999.16833333 | M2 | 4.468134 | % | ||||||||
| M3 | 395387AD5 | 999.38117365 | 0.21282635 | 3.72113772 | 3.93396407 | 999.16834731 | M3 | 4.468134 | % | ||||||||
| B1 | 395387AE3 | 999.38118211 | 0.21281150 | 3.72115016 | 3.93396166 | 999.16837061 | B1 | 4.468134 | % | ||||||||
| B2 | 395387AF0 | 999.38118211 | 0.21281150 | 3.72115016 | 3.93396166 | 999.16837061 | B2 | 4.468134 | % | ||||||||
| B3 | 395387AG8 | 999.38115621 | 0.21283364 | 3.72113451 | 3.93396815 | 999.16832257 | B3 | 4.468134 | % | ||||||||
| TOTALS | 987.36607428 | 9.60062410 | 3.67640331 | 13.27702741 | 977.76545018 | ||||||||||||
| Available Funds | 2,774,065.21 | |
| Scheduled Principal Payments | 43,932.30 | |
| Principal Prepayments | 1,961,995.43 | |
| Repurchase Principal | 0.00 | |
| Substitution Amounts | 0.00 | |
| Net Liquidation Proceeds | 0.00 | |
| Insurance Proceeds | 0.00 | |
| Other Principal | 0.00 | |
| Gross Interest | 813,007.19 | |
| Master Servicing Fees | 42,978.65 | |
| Trustee Fees | 1,891.06 | |
| Current Monthly Advances | 80,497.03 | |
| Beginning Number of Loans Outstanding | 492 | |
| Beginning Aggregate Loan Balance | 206,297,524.49 | |
| Ending Number of Loans Outstanding | 487 | |
| Ending Aggregate Loan Balance | 204,291,596.76 | |
Delinquent Mortgage Loans
| Group Totals | |||||||||
| Category | Number | Principal Balance | Percentage | ||||||
| 1 Month | 2 | 1,940,000.00 | 0.95 | % | |||||
| 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 | |||||||
| 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 | 3,756,900.96 | ||
| Bankruptcy Coverage Amount | 100,000.00 | ||
| Fraud Loss Coverage Amount | 2,008,937.00 | ||
| Senior Percentage (for next Distribution Date) | 97.189585 | % | |
| Subordinate Percentage (for next Distribution Date) | 2.810415 | % | |
| Senior Prepayment Percentage (for next Distribution Date) | 100.000000 | % | |
| Subordinate Prepayment Percentage (for next Distribution Date) | 0.000000 | % | |
