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Previous: FORD CREDIT AUTO RECEIVABLES TWO L P, 8-K, EX-19.3, 2000-12-12 |
Next: FORD CREDIT AUTO RECEIVABLES TWO L P, 8-K, EX-19.5, 2000-12-12 |
Exhibit 19.4
Ford Credit Auto Owner Trust 2000-D
Monthly Servicing Report
<TABLE>
<CAPTION>
<S> <C>
Collection Period November, 2000
Distribution Date 12/15/00
Transaction Month 5
I. ORIGINAL DEAL PARAMETERS
Dollar Amount # of Contracts
Original Portfolio: $2,199,977,195.96 161,099
Original Securities: Dollar Amount Coupon Legal Final Maturity
Class A-1 Notes $439,000,000.00 7.008% June 15, 2002
Class A-2 Notes 360,000,000.00 7.060% April 15, 2003
Class A-3 Notes 294,000,000.00 7.150% December 15, 2003
Class A-4 Notes 227,000,000.00 7.130% July 15, 2004
Class A-5 Notes 153,000,000.00 7.150% January 15, 2005
Class B Notes 72,724,000.00 7.400% April 15, 2005
Class C Certificates 41,557,000.00 7.910% July 15, 2005
Class D Certificates 41,557,000.00 9.000% October 15, 2005
Variable Pay Term Note 1 490,556,000.00 6.644% January 15, 2005
--------------
Total $2,119,394,000.00
II. COLLECTIONS
Interest: Simple Interest Loans Precomputed Loans Total
Interest Collections $10,866,264.19 $27,309.09 $10,893,573.28
Repurchased Loan Proceeds Related to 9,552.38 0.00 9,552.38
-------- ---- --------
Total $10,875,816.57 $27,309.09 $10,903,125.66
Servicer Advances:
Principal Advances $0.00 $13,080.09 $13,080.09
Interest Advances 2,124,844.46 4,705.46 2,129,549.92
------------ -------- ------------
Total $2,124,844.46 $17,785.55 $2,142,630.01
Principal:
Principal Collections $42,356,148.71 $86,969.42 $42,443,118.13
Prepayments in Full 20,358,228.20 62,308.40 20,420,536.60
Prepayments in Full Due to Administrative Repurchases 0.00 0.00 0.00
Repurchased Loan Proceeds Related to Principal 588,347.33 0.00 588,347.33
Payahead Draws 0.00 4,331.47 4,331.47
---- -------- --------
Total $63,302,724.24 $153,609.29 $63,456,333.53
Liquidation Proceeds $332,083.23
Recoveries from Prior Month Charge-Offs 2,037.90
--------
Total Principal Collections $63,790,454.66
Principal Losses for Collection Period $730,629.18
Total Regular Principal Reduction $64,200,042.80
Total Collections $76,836,210.33
<PAGE>
Ford Credit Auto Owner Trust 2000-D
Monthly Servicing Report
Collection Period November, 2000
Distribution Date 12/15/00
Transaction Month 5
III. FUNDS AVAILABLE FOR DISTRIBUTION
Total Collections $76,836,210.33
Net Swap Receipt 0.00
Reserve Account Release 0.00
Reserve Account Draw 0.00
VPTN Issuance Proceeds 0.00
Accumulation Account Draw 0.00
----
Total Available for Distribution to Noteholders and $76,836,210.33
IV. DISTRIBUTIONS
Servicing Fee: Amount Due Amount Paid Shortfall
Total Amount $1,611,026.50 $1,611,026.50 $0.00
Amount per $1,000 of Original Balance 0.76 0.76 0.00
Net Swap Payment $92,109.56
Change in
Noteholders Interest: Amount Due Amount Paid Shortfall Carryover Shortfall Carryover Shortfall
Class A1 Notes $2,563,760.00 $2,563,760.00 $0.00 $0.00 $0.00
Class A2 Notes 2,118,000.00 2,118,000.00 0.00 0.00 0.00
Class A3 Notes 1,751,750.00 1,751,750.00 0.00 0.00 0.00
Class A4 Notes 1,348,758.33 1,348,758.33 0.00 0.00 0.00
Class A5 Notes 911,625.00 911,625.00 0.00 0.00 0.00
Class B Notes 448,464.67 448,464.67 0.00 0.00 0.00
---------- ---------- ---- ---- ----
Total $9,142,358.00 $9,142,358.00 $0.00 $0.00 $0.00
Certificateholders
Class C Certificates $273,929.89 $273,929.89 $0.00 $0.00 $0.00
Class D Certificates 311,677.50 311,677.50 0.00 0.00 0.00
---------- ---------- ---- ---- ----
Total $585,607.39 $585,607.39 $0.00 $0.00 $0.00
Variable Pay Term Note
Variable Pay Term Note 1 $1,208,795.85 $1,208,795.85 $0.00 $0.00 $0.00
Variable Pay Term Note 2 $0.00 $0.00 $0.00 $0.00 $0.00
Variable Pay Term Note 3 $0.00 $0.00 $0.00 $0.00 $0.00
Variable Pay Term Note 4 $0.00 $0.00 $0.00 $0.00 $0.00
Variable Pay Term Note 5 $0.00 $0.00 $0.00 $0.00 $0.00
Variable Pay Term Note 6 $0.00 $0.00 $0.00 $0.00 $0.00
----- ----- ----- ----- -----
Total $1,208,795.85 $1,208,795.85 $0.00 $0.00 $0.00
Total Note Interest: $10,351,153.85 $10,351,153.85 $0.00 $0.00 $0.00
Total Note and Certificate $10,936,761.24 $10,936,761.24 $0.00 $0.00 $0.00
Principal Distribution Amounts
First Priority Distribution Amount $0.00
Second Priority Distribution Amount 0.00
Regular Principal Distribution Amount 83,917,965.69
-------------
Principal Distribution Amount $83,917,965.69
<PAGE>
Ford Credit Auto Owner Trust 2000-D
Monthly Servicing Report
Collection Period November, 2000
Distribution Date 12/15/00
Transaction Month 5
Noteholder Principal
Class A1 Notes $0.00
Class A2 Notes 0.00
Class A3 Notes 0.00
Class A4 Notes 0.00
Class A5 Notes 0.00
Class B Notes 0.00
----
Total Note Principal Paid $0.00
Certificateholder Principal
Class C Certificates $0.00
Class D Certificates 0.00
----
Total Certificate Principal Paid $0.00
Variable Pay Term Note Distributions:
Variable Pay Term Note 1 $64,196,313.03
Variable Pay Term Note 2 $0.00
Variable Pay Term Note 3 $0.00
Variable Pay Term Note 4 $0.00
Variable Pay Term Note 5 $0.00
Variable Pay Term Note 6 $0.00
-----
Total Variable Pay Term Note Principal Paid $64,196,313.03
Total Note and Certificate Principal Paid: $64,196,313.03
Deposit to Reserve $0.00
Collections Released to Servicer $0.00
Deposit to Accumulation Account $0.00
Total Available for Distribution $76,836,210.33
Deposit to Accumulation Account $76,836,210.33
V. DISTRIBUTION PER $1,000 OF ORIGINAL
Principal Interest Total
Distribution Distribution Distribution
Class A1 Notes $0.00 $5.84 $5.84
Class A2 Notes 0.00 5.88 5.88
Class A3 Notes 0.00 5.96 5.96
Class A4 Notes 0.00 5.94 5.94
Class A5 Notes 0.00 5.96 5.96
Class B Notes 0.00 6.17 6.17
---- ---- ----
Total Notes $0.00 $5.91 $5.91
Class C Certificates $0.00 $6.59 $6.59
Class D Certificates 0.00 7.50 7.50
---- ---- ----
Total Certificates $0.00 $7.05 $7.05
Variable Pay Term Note 1 $130.86 $2.46 $133.33
Variable Pay Term Note 2 $0.00 $0.00 $0.00
Variable Pay Term Note 3 $0.00 $0.00 $0.00
Variable Pay Term Note 4 $0.00 $0.00 $0.00
Variable Pay Term Note 5 $0.00 $0.00 $0.00
Variable Pay Term Note 6 $0.00 $0.00 $0.00
----- ----- -----
Total Variable Pay Term Notes $32.69 $0.62 $33.31
Total Notes and Certificates: $30.29 $5.16 $35.45
<PAGE>
Ford Credit Auto Owner Trust 2000-D
Monthly Servicing Report
Collection Period November, 2000
Distribution Date 12/15/00
Transaction Month 5
VI. POOL BALANCE AND PORTFOLIO INFORMATION
Beginning of Period End of Period
Balance Pool Factor Balance Pool Factor
Aggregate Balance of Notes $1,764,057,775.87 0.8663140 $1,699,861,462.84 0.8347877
Class A1 Notes 439,000,000.00 1.0000000 439,000,000.00 1.0000000
Class A2 Notes 360,000,000.00 1.0000000 360,000,000.00 1.0000000
Class A3 Notes 294,000,000.00 1.0000000 294,000,000.00 1.0000000
Class A4 Notes 227,000,000.00 1.0000000 227,000,000.00 1.0000000
Class A5 Notes 153,000,000.00 1.0000000 153,000,000.00 1.0000000
Class B Notes 72,724,000.00 1.0000000 72,724,000.00 1.0000000
Class C Certificates 41,557,000.00 1.0000000 41,557,000.00 1.0000000
Class D Certificates 41,557,000.00 1.0000000 41,557,000.00 1.0000000
Variable Pay Term Note 1 218,333,775.87 0.4450741 154,137,462.84 0.3142097
Variable Pay Term Note 2 0.00 0.0000000 0.00 0.0000000
Variable Pay Term Note 3 0.00 0.0000000 0.00 0.0000000
Variable Pay Term Note 4 0.00 0.0000000 0.00 0.0000000
Variable Pay Term Note 5 0.00 0.0000000 0.00 0.0000000
Variable Pay Term Note 6 0.00 0.0000000 0.00 0.0000000
---- --------- ---- ---------
Total $1,847,171,775.87 0.8715566 $1,782,975,462.84 0.8412666
Portfolio Information
Weighted Average Coupon (WAC) 8.07% 8.07%
Weighted Average Remaining Maturity 43.00 42.10
Remaining Number of Receivables 145,676 143,603
Portfolio Receivable Balance $1,933,231,804.55 $1,869,031,761.75
VII. OVERCOLLATERALIZATION INFORMATION
Specified Overcollateralization Amount $7,690,431.64
Specified Credit Enhancement Amount $18,690,317.62
Yield Supplement Overcollateralization Amount $98,087,519.93
Target Level of Overcollateralization $105,777,951.57
VIII. RECONCILIATION OF RESERVE ACCOUNT
Beginning Reserve Account Balance $10,999,885.98
Specified Reserve Account Balance 10,999,885.98
Reserve Release Amount 0.00
Reserve Account Draws 0.00
Reserve Account Deposits Made 0.00
----
Ending Reserve Account Balance $10,999,885.98
Change in Reserve Account Balance $0.00
IX. RECONCILIATION OF ACCUMULATION ACCOUNT
Beginning Accumulation Account Balance $0.00
Deposit to Accumulation Account 0.00
Release of Accumulated Balance 0.00
----
Ending Accumulation Account Balance $0.00
<PAGE>
Ford Credit Auto Owner Trust 2000-D
Monthly Servicing Report
Collection Period November, 2000
Distribution Date 12/15/00
Transaction Month 5
X. NET LOSS AND DELINQUENCY ACCOUNT ACTIVITY
Liquidation Proceeds $332,083.23
Recoveries from Prior Month Charge-Offs $2,037.90
Total Losses for Collection Period $801,417.91
Charge-off Rate for Collection Period 0.29%
Delinquent Receivables: # of Contracts Amount
31-60 Days Delinquent 985 $13,125,188.13
61-90 Days Delinquent 143 $1,913,965.31
91-120 Days Delinquent 30 $426,257.73
Over 120 Days Delinquent 25 $396,435.10
Repossesion Inventory 110 $1,646,209.79
Ratio of Net Losses to the Average Pool
Second Preceding Collection Period 0.1216%
Preceding Collection Period 0.2482%
Current Collection Period 0.2950%
Three Month Average 0.2216%
Ratio of 60+ Delinquent Contracts to Outstanding
Second Preceding Collection Period 0.0750%
Preceding Collection Period 0.0954%
Current Collection Period 0.1379%
Three Month Average 0.1028%
<PAGE>
Ford Credit Auto Owner Trust 2000-D
Monthly Servicing Report
Collection Period November, 2000
Distribution Date 12/15/00
Transaction Month 5
Worksheet Information
Servicer Advances Simple Interest Loans Precomputed Loans
Beginning Servicer Advances $3,810,587.54 $42,381.19
New Advances 2,103,144.70 17,683.91
Servicer Advance Recoveries 1,528,501.44 11,843.77
------------ ---------
Ending Servicer Advances $4,385,230.80 $48,221.33
Current Month Interest Advances for Prepaid Loans $21,699.76 $101.64
Payahead Account
Beginning Payahead Account Balance $37,964.41
Additional Payaheads 91,295.24
Payahead Draws 68,045.24
---------
Ending Payahead Account Balance $61,214.41
</TABLE>
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