SMT Series 2000-4 Monthly Certificateholder Distribution Statement

Contract Categories: Business Operations › Administration Agreements
Summary

This document is a monthly distribution statement for certificateholders of the SMT Series 2000-4 trust. It details the principal and interest payments made to holders of different classes of certificates, including Class A, B, C, R-UT, and R-LT, as well as the remaining balances and any realized losses. The statement is prepared by the Certificate Administrator on behalf of the Trustee, in accordance with the Pooling and Servicing Agreement. No losses or interest shortfalls were reported for this period.

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EX-10.1 2 f67876ex10-1.txt MONTHLY PAYMENT DATE STATEMENT 1 EXHIBIT 10.1 SMT SERIES 2000-4 Certificateholder Distribution Summary
Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution - -------------------------------------------------------------------------------- A 81743TAA6 SEQ 6.98000% 338,134,046.43 1,966,813.04 B SMT00004B SUB 7.87000% 3,809,289.81 24,982.59 C SMT00004C IO 0.00000% 0.00 270,095.02 R-UT SMT00004R RES 0.00000% 0.00 0.00 R-LT SMT0004RL RES 0.00000% 0.00 0.00 - -------------------------------------------------------------------------------- Totals 341,943,336.24 2,261,890.65 - --------------------------------------------------------------------------------
Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses - -------------------------------------------------------------------------------- A 8,563,125.76 0.00 329,570,920.67 10,529,938.80 0.00 B 0.00 0.00 3,809,289.81 24,982.59 0.00 C 0.00 0.00 0.00 270,095.02 0.00 R-UT 0.00 0.00 0.00 0.00 0.00 R-LT 0.00 0.00 0.00 0.00 0.00 - -------------------------------------------------------------------------------- Totals 8,563,125.76 0.00 333,380,210.48 10,825,016.41 0.00 - --------------------------------------------------------------------------------
All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. Page 1 2 SMT SERIES 2000-4 Principal Distribution Statement
- --------------------------------------------------------------------------------------------------------------- Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss(1) - --------------------------------------------------------------------------------------------------------------- A 377,119,000.00 338,134,046.43 0.00 8,563,125.76 0.00 0.00 B 3,809,982.43 3,809,289.81 0.00 0.00 0.00 0.00 C 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 R-LT 0.00 0.00 0.00 0.00 0.00 0.00 - --------------------------------------------------------------------------------------------------------------- Totals 380,928,982.43 341,943,336.24 0.00 8,563,125.76 0.00 0.00 - --------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------- Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution - --------------------------------------------------------------------------------------------------------------- A 8,563,125.76 329,570,920.67 0.87391757 8,563,125.76 B 0.00 3,809,289.81 0.99981821 0.00 C 0.00 0.00 0.00000000 0.00 R-UT 0.00 0.00 0.00000000 0.00 R-LT 0.00 0.00 0.00000000 0.00 - --------------------------------------------------------------------------------------------------------------- Totals 8,563,125.76 333,380,210.48 0.87517681 8,563,125.76 - ---------------------------------------------------------------------------------------------------------------
(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. Page 2 3 SMT SERIES 2000-4 Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class(2) Amount Balance Distribution Distribution Accretion Loss(3) - ------------------------------------------------------------------------------------------------------------------- A 377,119,000.00 896.62426563 0.00000000 22,70669407 0.00000000 0.00000000 B 3,809,982.43 999.81820914 0.00000000 0.00000000 0.00000000 0.00000000 C 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-UT 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-LT 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
Total Linding Ending Total Principal Certificate Certificate Principal Class(2) Reduction Balance Percentage Distribution - --------------------------------------------------------------------------------- A 22.70669407 873.91757156 0.87391767 22.70669407 B 0.00000000 999.81820914 0.99981821 0.00000000 C 0.00000000 0.00000000 0.00000000 0.00000000 R-UT 0.00000000 0.00000000 0.00000000 0.00000000 R-LT 0.00000000 0.00000000 0.00000000 0.00000000
(2) Per $1,000 Denomination. (3) Amount Does Not Include Excess Special Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description. Page 3 4 SMT SERIES 2000-4 Interest Distribution Statement
- ------------------------------------------------------------------------------------------------------------------------------------ Beginning Original Current Certificate/ Current Payment of Current Non-Supported Face Certificate Notional Accrued Unpaid Interest Interest Realized Class Amount Rate Balance Interest Interest Shortfall Shortfall Loss(4) - ------------------------------------------------------------------------------------------------------------------------------------ A 377,119,000.00 6.98000% 338,134,046.43 1,966,813.04 0.00 0.00 0.00 0.00 B 3,809,982.43 7.87000% 3,809,289.81 24,982.59 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 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 - ------------------------------------------------------------------------------------------------------------------------------------ Totals 380,928,982.43 1,991,795.63 0.00 0.00 0.00 0.00 - ------------------------------------------------------------------------------------------------------------------------------------ - -------------------------------------------------------------- Remaining Ending Total Unpaid Certificate/ Interest Interest Notional Class Distribution Shortfall Balance - -------------------------------------------------------------- A 1,966,813.04 0.00 329,570,920.67 B 24,982.59 0.00 3,809,289.81 C 270,095.02 0.00 0.00 R-UT 0.00 0.00 0.00 R-LT 0.00 0.00 0.00 - -------------------------------------------------------------- Totals 2,261,890.65 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. Page 4 5 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 Amount Balance Interest Shortfall Shortfall Shortfall Loss(6) - ------------------------------------------------------------------------------------------------------------------------------------ A 377,119,000.00 6.98000% 896.62426563 5.21536449 0.00000000 0.00000000 0.00000000 0.00000000 B 3,809,982.43 7.87000% 999.81820914 6.55714047 0.00000000 0.00000000 0.00000000 0.00000000 C 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-UT 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-LT 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 - ------------------------------------------------------------------------------------------------------------------------------------ - ----------------------------------------------------------- Remaining Ending Total Unpaid Certificate/ Interest Interest Notional Class(5) Distribution Shortfall Balance - ----------------------------------------------------------- A 5.21536449 0.00000000 873.91757156 B 6.55711047 0.00000000 999.81820914 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 the Prospectus Supplement for a Full Description. Page 5 6 SMT SERIES 2000-4 Certificateholder Account Statement - ----------------------------------------------------------------------------- CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 10,908,837.89 Liquidations, Insurance Proceeds, Reserve Funds 52.17 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 24,088.56 Realized Losses 0.00 -------------- Total Deposits 10,932,978.62 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 107,962.21 Payment of Interest and Principal 10,825,016.41 -------------- Total Withdrawals (Pool Distribution Amount) 10,932,978.41 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 106,252.50 Trustee Fee 1,709.72 AMBAC Premium 35,222.30 Supported Prepayment/Curtailment Interest Shortfall 0.00 -------------- Net Servicing Fee 143,184.52 ============== - -----------------------------------------------------------------------------
- ------------------------------------------------------------------------------ OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance - ------------------------------------------------------------------------------ Reserve Fund 10,000.00 52.17 52.17 10,000.00 Financial Guaranty 0.00 0.00 0.00 0.00 - ------------------------------------------------------------------------------
Page 6 7 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 10 2,419,956.55 30 Days 0 0.00 30 Days 0 0.00 60 Days 1 212,115.59 60 Days 0 0.00 60 Days 0 0.00 90 Days 0 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 0 839,975.00 180+ Days 0 0.00 180+ Days 0 0.00 --------- ------------ --------- --------- --------- --------- 12 3,472,047.14 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 1.236094% 0.725885% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 60 Days 0.123609% 0.063626% 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 0.123609% 0.251957% 180+ Days 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% --------- ------------ --------- --------- --------- --------- 1.483313% 1.041468% 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 10 2,419,956.55 60 Days 0 0.00 60 Days 1 212,115.59 90 Days 0 0.00 90 Days 0 0.00 120 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 1 839,975.00 --------- --------- --------- ------------ 0 0.00 12 3,472,047.14
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 1.236094% 0.725885% 60 Days 0.000000% 0.000000% 60 Days 0.123609% 0.063626% 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 0.123609% 0.251957% --------- --------- --------- ------------ 0.000000% 0.000000% 1.483313% 1.041468% - --------------------------------------------------------------------------------- (7) DELINQUENCIES ARE STRATIFIED ACCORDING TO THE INFORMATION THE SERVICER HAS PROVIDED. Current Period Realized Loss - Includes Interest Shortfall 0.00 Principal Balance of Contaminated Properties 0.00 Cumulative Realized Losses - Includes Interest Shortfall 0.00 Periodic Advance 24,088.56 Current Period Class A Insufficient Funds 0.00
- ------------------------------------------------------------------------------------------------------------------------------------ SUBORDINATION LEVEL CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE
Next Original $ Original % Current $ Current % Current Class % Prepayment % ------------ ----------- ------------ ----------- --------------- -------------- Class A 3,809,982.43 1.00018182% 3,809,289.81 1.14262625% 98.857374% 0.000000% Class B 0.00 0.00000000% 0.00 0.00000000% 1.142626% 100.000000% Class C 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to Prospectus Supplement for a Full Description of Loss Exposure - ------------------------------------------------------------------------------------------------------------------------------------
8 SMT SERIES 2000-4 COLLATERAL STATEMENT
COLLATERAL DESCRIPTION MIXED ARM Weighted Average Gross Coupon 8.440076% Weighted Average Net Coupon 8.061198% Weighted Average Pass-Through Rate 0.000000% Weighted Average Maturity (Stepdown Calculation) 280 Beginning Scheduled Collateral Loan Count 826 Number of Loans Paid in Full 17 Ending Scheduled Collateral Loan Count 809 Beginning Scheduled Collateral Balance 341,943,336.25 Ending Scheduled Collateral Balance 333,380,210.48 Ending Actual Collateral Balance at 31-Oct-2000 333,380,210.44 Monthly P&I Constant 2,404,882.93 Class A Optimal Amount 10,565,161.09 Ending Scheduled Balance for Premium Loans 333,380,210.48 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 3,809,289.81 Overcollateralized Deficiency Amount 0.00 Base Overcollateralization Amount 0.00 Serious Delinquencies 0.00517 Floor Amount 2,856,967.37 Excess Cash Flow Principal Amount (Current/Cumulative) 0.00 / 0.00 Required Payment 0.00 Preference Amount 0.00 Alternate Certificate Rate Used? NO Specified OC 3,809,289.82
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