Sequoia Mortgage Trust 2000-4 Monthly Certificateholder Distribution Statement (Wells Fargo Bank Minnesota, N.A.)

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Summary

This document is a monthly distribution statement for the Sequoia Mortgage Trust 2000-4 Mortgage Pass-Through Certificates, prepared by Wells Fargo Bank Minnesota, N.A. It details the payments of principal and interest to certificateholders as of February 28, 2000, with distributions made on March 22, 2001. The statement outlines the amounts distributed to each class of certificate, the remaining balances, and confirms that all calculations were made in accordance with the Pooling and Servicing Agreement. No realized losses or interest shortfalls are reported for this period.

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EX-10.1 2 f71091ex10-1.txt MONTHLY PAYMENT DATE STATEMENT 1 EXHIBIT 10.1 Sequoia Mortgage Trust Mortgage Pass- Through Certificates Record Date: 28- Feb- 2000 Distribution Date: 22- Mar- 2001 14- Mar- 2001 5: 48: 32PM Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N. A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815- 6600 Fax: (301) 846- 8152
SMT SERIES 2000- 4 Certificateholder Distribution Summary Certificate Certificate Beginning Current Ending Class Pass- Through Certificate Interest Principal Realized Certificate Class CUSIP Description Rate Balance Distribution Distribution Loss Balance ----- ----- ----------- ---- ------- ------------- ------------ ---- ------- A 81743TAA6 SEQ 5.93000% 310,727,077.66 1,535,509.64 6,485,395.66 0.00 304,241,682.00 B SMT00004B SUB 6.82000% 3,809,289.80 21,649.46 0.00 0.00 3,809,289.80 C SMT00004C IO 0.00000% 0.00 399,817.46 0.00 0.00 0.00 R-UT SMT00004R RES 0.00000% 0.00 0.00 0.00 0.00 0.00 R-LT SMT0004RL RES 0.00000% 0.00 0.00 0.00 0.00 0.00 ============== ============ ============ ====== ============== Totals 314,536,367.46 1,956,976.56 6,485,395.66 0.00 308,050,971.80 Cumulative Total Realized Class Distribution Losses ----- ------------ ------ A 8,020,905.30 0.00 B 21,649.46 0.00 C 399,817.46 0.00 R-UT 0.00 0.00 R-LT 0.00 0.00 ============ ==== 8,442,372.22 0.00
All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. 2 Sequoia Mortgage Trust Mortgage Pass- Through Certificates Record Date: 28- Feb- 2000 Distribution Date: 22- Mar- 2001 14- Mar- 2001 5: 48: 32PM Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N. A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815- 6600 Fax: (301) 846- 8152 SMT SERIES 2000-4 Principal Distribution Statement
Original Beginning Scheduled Unscheduled Total Ending Face Certificate Principal Principal Realized Principal Certificate Class Amount Balance Distribution Distribution Accretion Loss(1) Reduction Balance ----- ------ ------- ------------ ------------ --------- -------- --------- ----------- A 377,119,000.00 310,727,077.66 0.00 6,485,395.66 0.00 0.00 6,485,395.66 304,241,682.00 B 3,809,982.43 3,809,289.80 0.00 0.00 0.00 0.00 0.00 3,809,289.80 C 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 R-UT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 R-LT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 ============== ============== ==== ============ ====== ====== ============ ============== Totals 380,928,982.43 314,536,367,46 0.00 6,485,395.66 0.00 0.00 6,485,395.66 308,050,971.80 Ending Total Certificate Principal Class Percentage Distribution ----- ---------- ------------ A 0.80675246 6,485,395.66 B 0.99981821 0.00 C 0.00000000 0.00 R-UT 0.00000000 0.00 R-LT 0.00000000 0.00 ========== ============ Totals 0.80868347 6,485,395.66
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description. 3 Sequoia Mortgage Trust Mortgage Pass- Through Certificates Record Date: 28- Feb- 2000 Distribution Date: 22- Mar- 2001 14- Mar- 2001 5: 48: 32PM Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N. A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815- 6600 Fax: (301) 846- 8152 SMT SERIES 2000-4 Principal Distribution Statement
Original Beginning Scheduled Unscheduled Total Ending Face Certificate Principal Principal Realized Principal Certificate Class(2) Amount Balance Distribution Distribution Accretion Loss(3) Reduction Balance ----- ------ ------- ------------ ------------ --------- -------- --------- ----------- A 377,119,000.00 823,949,675.46 0.00000000 17.19721271 0.00000000 0.00000000 17.19721271 0.80675246 B 3,809,982.43 999,818,206.51 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.99981821 C 0.000000000 0.0000000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-UT 0.000000000 0.0000000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-LT 0.000000000 0.0000000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Ending Total Certificate Principal Class Percentage Distribution ----- ---------- ------------ A 0.80675246 17.19721271 B 0.00000000 0.00000000 C 0.00000000 0.00000000 R-UT 0.00000000 0.00000000 R-LT 0.00000000 0.00000000
(2) Per $1,000 Denomination. (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description. 4 Sequoia Mortgage Trust Mortgage Pass- Through Certificates Record Date: 28- Feb- 2000 Distribution Date: 22- Mar- 2001 14- Mar- 2001 5: 48: 32PM Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N. A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815- 6600 Fax: (301) 846- 8152 SMT SERIES 2000-4 Principal Distribution Statement
Beginning Payment of Original Current Certificate/ Current Unpaid Current Non- Supported Face Certificate Notional Accrued Interest Interest Interest Realized Class Amount Rate Balance Interest Shortfall Shortfall Shortfall Loss(4) ----- ------ ------- ------------ ------------ --------- --------- --------- --------- A 377,119,000.00 5.93000% 310,727,077.66 1,535,509.64 0.00 0.00 0.00 0.00 B 3,809,982.43 6.82000% 3,809,289.80 21,649.46 0.00 0.00 0.00 0.00 C 0.00 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 R-UT 0.00 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 R-LT 0.00 0.0000 0.00 0.00 0.00 0.00 0.00 0.00 ============= ============ ====== ====== ====== ====== Totals 380,928,982.43 1,557,159.10 0.00 0.00 0.00 0.00 Remaining Ending Total Unpaid Certificate/ Interest Interest Notional Class Distribution Shortfall Balance ----- ------------ ----------- ---------- A 1,535,509.64 0.00 304,241,682.00 B 21,649.46 0.00 3,809,289.80 C 399,817.46 0.00 0.00 R-UT 0.00 0.00 0.00 R-LT 0.00 0.00 0.00 ============ ====== Totals 1,956,976.56 0.00
(4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description. 5 Sequoia Mortgage Trust Mortgage Pass- Through Certificates Record Date: 28- Feb- 2000 Distribution Date: 22- Mar- 2001 14- Mar- 2001 5: 48: 32PM Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N. A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815- 6600 Fax: (301) 846- 8152 SMT SERIES 2000-4 Interest Distribution Factors Statement
Beginning Payment of Original Current Certificate/ Current Unpaid Current Non- Supported Face Certificate Notional Accrued Interest Interest Interest Realized Class(5) Amount Rate Balance Interest Shortfall Shortfall Shortfall Loss(6) ----- ------ ------- ------------ ------------ --------- --------- --------- --------- A 377,119,000.00 5.93000% 823.94967546 4.07168464 0.00000000 0.00000000 0.00000000 0.00000000 B 3,809,982.43 6.82000% 999.81820651 5.68229917 0.00000000 0.00000000 0.00000000 0.00000000 C 0.00 0.00000% 0.0000000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-UT 0.00 0.00000% 0.0000000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-LT 0.00 0.00000% 0.0000000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Remaining Ending Total Unpaid Certificate/ Interest Interest Notional Class Distribution Shortfall Balance ----- ------------ ----------- ---------- A 4.07168464 0.00000000 806.75246275 B 5.68229917 0.00000000 999.81820651 C 0.00000000 0.00000000 0.00000000 R-UT 0.00000000 0.00000000 0.00000000 R-LT 0.00000000 0.00000000 0.00000000
(5) Per $1,000 Denomination. (6) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description. 6 Sequoia Mortgage Trust Mortgage Pass- Through Certificates Record Date: 28- Feb- 2000 Distribution Date: 22- Mar- 2001 14- Mar- 2001 5: 48: 32PM Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N. A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815- 6600 Fax: (301) 846- 8152 SMT SERIES 2000-4 Certificateholder Account Statement CERTIFICATE ACCOUNT
Beginning Balance 0.00 Deposits Payments of Interest and Principal 8,522,712.58 Liquidations, Insurance Proceeds, Reserve Funds 39.91 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 51,247.67 Realized Losses 0.00 ------------ Total Deposits 8,574,000.16 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 131,627.94 Payment of Interest and Principal 8,442,372.22 ------------ Total Withdrawals (Pool Distribution Amount) 8,574,000.16 ============ Ending Balance 0.00 PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/ Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 ---- Non- Supported Prepayment/ Curtailment Interest Shortfall 0.00 ==== SERVICING FEES Gross Servicing Fee 97,687.87 Trustee Fee 1,572.67 AMBAC Premium 32,367.40 Supported Prepayment/ Curtailment Interest Shortfall 0.00 --------- Net Servicing Fee 131,627.94 ==========
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance - ------------ ------- ----------- -------- ------- Reserve Fund 10,000.00 39.91 39.91 10,000.00 Financial Guaranty 0.00 0.00 0.00 0.00
7 Sequoia Mortgage Trust Mortgage Pass- Through Certificates Record Date: 28- Feb- 2000 Distribution Date: 22- Mar- 2001 14- Mar- 2001 5: 48: 32PM Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N. A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815- 6600 Fax: (301) 846- 8152 SMT SERIES 2000-4 Loan Status Stratification/ Credit Enhancement Statement
DELINQUENT BANKRUPTCY FORECLOSURE NO. OF PRINCIPAL NO. OF PRINCIPAL NO. OF PRINCIPAL LOANS BALANCE LOANS BALANCE LOANS BALANCE 0-29 Days 0 0.00 0-29 Days 0 0.00 30 Days 13 7,155,507.55 30 Days 0 0.00 30 Days 0 0.00 60 Days 1 134,712.05 60 Days 0 0.00 60 Days 0 0.00 90 Days 1 850.44 90 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 1 839,975.00 180+ Days 0 0.00 180+ Days 0 0.00 ---- ------------ --- ---- --- ---- 16 8,131,045.04 0 0.00 0 0.00 NO. OF PRINCIPAL NO. OF PRINCIPAL NO. OF PRINCIPAL LOANS BALANCE LOANS BALANCE LOANS BALANCE 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 30 Days 1.719577% 2.322832% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.132275% 0.043730% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.132275% 0.000276% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.132275% 0.272674% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% --------- --------- --------- --------- --------- --------- 2.116402% 2.639513% 0.000000% 0.000000% 0.000000% 0.000000% REO Total NO. OF PRINCIPAL NO. OF PRINCIPAL LOANS BALANCE LOANS BALANCE 0- 29 Days 0 0.00 0- 29 Days 0 0.00 30 Days 0 0.00 30 Days 13 7,155,507.55 60 Days 0 0.00 60 Days 1 134,712.05 90 Days 0 0.00 90 Days 1 850.44 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+ Days 1 839,957.00 --- ---- --- ------------ 0 0.00 16 8,131,045.04 NO. OF PRINCIPAL NO. OF PRINCIPAL LOANS BALANCE LOANS BALANCE 0- 29 Days 0.000000% 0.000000% 0- 29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 1.719577% 2.322832% 60 Days 0.000000% 0.000000% 60 Days 0.132275% 0.043730% 90 Days 0.000000% 0.000000% 90 Days 0.132275% 0.000276% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.132275% 0.272674% --------- --------- --------- --------- 0.000000% 0.000000% 2.116402% 2.639513%
(7) Delinquencies are stratified according to the information the Servicer has provided. Current Period Realized Loss - Includes Interest Shortfall 0.00 Cumulative Realized Losses - Includes Interest Shortfall 0.00 Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00 Periodic Adcance 51,247.67 SUBORDINATION LEVEL/ CREDIT ENHANCEMENT/ CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE
Current Next Original $ Original % Current $ Current % Class % Prepayment % Class A 3,809,289.80 1.00018182% 3,809,982.43 1.23657776% 98.763422% 0.000000% Class B 0.00 0.00000000% 0.00 0.00000000% 1.236578% 100.000000% Class C 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000%
Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure. 8 Sequoia Mortgage Trust Mortgage Pass- Through Certificates Record Date: 28- Feb- 2000 Distribution Date: 22- Mar- 2001 14- Mar- 2001 5: 48: 32PM Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N. A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815- 6600 Fax: (301) 846- 8152 SMT SERIES 2000-4 COLLATERAL STATEMENT
Collateral Description Mixed ARM Weighted Average Gross Coupon 7.595471% Weighted Average Net Coupon 7.589472% Weighted Average Maturity (Stepdown Calculation) 276 Beginning Scheduled Collateral Loan Amount 771 Number of Loans Paid in Full 15 Ending Scheduled Collateral Loan Count 756 Beginning Scheduled Collateral Balance 314,536,367.46 Ending Scheduled Collateral Balance 308,050,971.80 Ending Actual Collateral Balance at 28- Feb- 2000 308,050,972.22 Monthly P& I Constant 2,086,609.89 Class A Optimal Amount 8,053,272.71 Ending Scheduled Balance for Premium Loans 308,050,971.80 Required Overcollateralized Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 3,809,289.82 Overcollateralized Amount 3,809,289.80 Overcollateralized Deficiency Amount 0.00 Base Overcollateralization Amount 0.00 Serious Delinquencies 0.00274% Floor Amount 2,856,967.37 Excess Cash Flow Principal Amount (Current/Cummulative) 0.00 / 0.00 Required Payment 0.00 Preference Amount 0.00 Alternate Certificate Rate Used? NO Specified OC 3,809,289.82
9 Sequoia Mortgage Trust Mortgage Pass- Through Certificates Record Date: 28- Feb- 2000 Distribution Date: 22- Mar- 2001 14- Mar- 2001 5: 48: 32PM Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N. A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815- 6600 Fax: (301) 846- 8152 SMT SERIES 2000-4 Loan Status Stratification/ Credit Enhancement Statement
DELINQUENT BANKRUPTCY FORECLOSURE NO. OF PRINCIPAL NO. OF PRINCIPAL NO. OF PRINCIPAL LOANS BALANCE LOANS BALANCE LOANS BALANCE 0-29 Days 0 0.00 0-29 Days 0 0.00 30 Days 13 1,853,340.62 30 Days 0 0.00 30 Days 0 0.00 60 Days 1 716,276.41 60 Days 0 0.00 60 Days 0 0.00 90 Days 1 0.00 90 Days 0 0.00 90 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 1 839,975.00 180+ Days 0 0.00 180+ Days 0 0.00 ---- ------------ --- ---- --- ---- 14 3,409,592.03 0 0.00 0 0.00 NO. OF PRINCIPAL NO. OF PRINCIPAL NO. OF PRINCIPAL LOANS BALANCE LOANS BALANCE LOANS BALANCE 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 30 Days 1.167315% 0.589229% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.518807% 0.227725% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.129702% 0.267052% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% --------- --------- --------- --------- --------- --------- 1.815824% 1.084006% 0.000000% 0.000000% 0.000000% 0.000000% REO Total NO. OF PRINCIPAL NO. OF PRINCIPAL LOANS BALANCE LOANS BALANCE 0- 29 Days 0 0.00 0- 29 Days 0 0.00 30 Days 0 0.00 30 Days 13 1,853,340.62 60 Days 0 0.00 60 Days 1 716,276.41 90 Days 0 0.00 90 Days 1 850.44 120 Days 0 0.00 120 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 180+ Days 0 0.00 180+ Days 1 839,957.00 --- ---- --- ------------ 0 0.00 14 3,409,592.03 NO. OF PRINCIPAL NO. OF PRINCIPAL LOANS BALANCE LOANS BALANCE 0- 29 Days 0.000000% 0.000000% 0- 29 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 1.167315% 0.589229% 60 Days 0.000000% 0.000000% 60 Days 0.518807% 0.227725% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 180+ Days 0.129702% 0.267052% --------- --------- --------- --------- 0.000000% 0.000000% 1.815824% 1.084006%
(7) Delinquencies are stratified according to the information the Servicer has provided. Current Period Realized Loss - Includes Interest Shortfall 0.00 Cumulative Realized Losses - Includes Interest Shortfall 0.00 Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00 Periodic Adcance 524,534.34 SUBORDINATION LEVEL/ CREDIT ENHANCEMENT/ CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE
Current Next Original $ Original % Current $ Current % Class % Prepayment % Class A 3,809,982.43 1.00018182% 3,809,289.80 1.21108088% 98.788919% 0.000000% Class B 0.00 0.00000000% 0.00 0.00000000% 1.211081% 100.000000% Class C 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000%
Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure. 10 Sequoia Mortgage Trust Mortgage Pass- Through Certificates Record Date: 28- Feb- 2000 Distribution Date: 22- Mar- 2001 14- Mar- 2001 5: 48: 32PM Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N. A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815- 6600 Fax: (301) 846- 8152 SMT SERIES 2000-4 COLLATERAL STATEMENT
Collateral Description Mixed ARM Weighted Average Gross Coupon 8.529983% Weighted Average Net Coupon 8.157237% Weighted Average Maturity (Stepdown Calculation) 279 Beginning Scheduled Collateral Loan Amount 784 Number of Loans Paid in Full 13 Ending Scheduled Collateral Loan Count 771 Beginning Scheduled Collateral Balance 321,944,749.67 Ending Scheduled Collateral Balance 314,536,367.46 Ending Actual Collateral Balance at 31-Jan-2001 314,536,367.56 Monthly P& I Constant 2,287,569.24 Class A Optimal Amount 9,084,227.02 Ending Scheduled Balance for Premium Loans 314,536,367.46 Required Overcollateralized Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 3,809,289.82 Overcollateralized Amount 3,809,289.80 Overcollateralized Deficiency Amount 0.00 Base Overcollateralization Amount 0.00 Serious Delinquencies 0.00278% Floor Amount 2,856,967.37 Excess Cash Flow Principal Amount (Current/Cummulative) 0.00 / 0.00 Required Payment 0.00 Preference Amount 0.00 Alternate Certificate Rate Used? NO Specified OC 3,809,289.82