Exhibit 19.2
Ford Motor Credit Company
Ford Credit Auto Owner Trust 2000-B
Monthly Servicing Report
Collection Period October, 2000
Distribution Date 11/15/00
Targeted
Scheduled
Original Issuance Dist Date Dollar Amount
A1 Asset Backed Notes 10/15/00 470,000,000.00
A2 Asset Backed Notes 4/15/01 388,000,000.00
A3 Asset Backed Notes 10/15/01 321,500,000.00
A4 Asset Backed Notes 4/15/02 249,000,000.00
A5 Asset Backed Notes 10/15/02 181,880,000.00
B Asset Backed Notes 76,260,000.00
C Asset Backed Certificates 43,580,000.00
D Asset Backed Certificates 43,580,000.00
Variable Pay Term Note 1 448,620,000.00
Total Original Securities Issued 2,222,420,000.00
I. COLLECTIONS TOTAL
Interest
Simple Interest Receivables Interest
Interest Collections $10,631,386.18
Repurchased Loan Proceeds Related to Interest 10,753.71
Total Simple Interest Receivables Interest $10,642,139.89
Precomputed Receivables Interest Collections 19,729.65
Total Interest Collections $10,661,869.54
Servicer Advances:
Simple Interest Servicer Advances $1,719,826.16
Precomputed Servicer Advances - Principal 8,336.12
Precomputed Servicer Advances - Interest 2,227.11
Total Servicer Advances $1,730,389.39
Principal:
Simple Interest Receivables Principal
Principal Collections $45,461,921.37
Prepayments in Full 24,260,297.11
Repurchased Loan Proceeds Related to Principal 652,042.53
Total Simple Interest Receivables Principal $70,374,261.01
Precomputed Receivables Principal
Principal Collections $77,191.75
Prepayments in Full 68,256.96
Prepayments in Full due to Admin Repurchases 0.00
Payahead Draws 2,865.78
Total Precomputed Receivables Principal $148,314.49
Liquidation Proceeds $520,533.59
Recoveries from Prior Month Charge-Offs 1,422.03
Total Principal Collections $71,044,531.12
Principal Losses for Collection Period 1,404,293.92
Total Regular Principal Reduction $71,935,205.54
Total Collections $83,436,790.05
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Amount Per
$1,000 of Original
Amount Principal
II. DISTRIBUTIONS
Total Collections $83,436,790.05
Net Swap Receipt 0.00
Reserve Account Draw 0.00
Reserve Account Release 0.00
VPTN Issuance Proceeds 0.00
Accumulation Account Draw 0.00
Total Avail for Distribution
to Note and Certificate holders $83,436,790.05
Servicing Fee: $1,571,925.72
Servicing Fee Due 1,571,925.72
Servicing Fee Paid 0.00
Servicing Fee Shortfall
$162,944.72
Net Swap Payment
Class A2 Asset Backed Notes
Monthly Interest Due $2,205,133.33 $5.68
Monthly Interest Paid 2,205,133.33 5.68
Monthly Interest Shortfall 0.00 0.00
Interest Carryover Shortfall 0.00 0.00
Change in Interest Carryover Shortfall 0.00 0.00
Class A3 Asset Backed Notes
Monthly Interest Due $1,867,379.17 $5.81
Monthly Interest Paid 1,867,379.17 5.81
Monthly Interest Shortfall 0.00 0.00
Interest Carryover Shortfall 0.00 0.00
Change in Interest Carryover Shortfall 0.00 0.00
Class A4 Asset Backed Notes
Monthly Interest Due $1,458,725.00 $5.86
Monthly Interest Paid 1,458,725.00 5.86
Monthly Interest Shortfall 0.00 0.00
Interest Carryover Shortfall 0.00 0.00
Change in Interest Carryover Shortfall 0.00 0.00
Class A5 Asset Backed Notes
Monthly Interest Due $1,071,576.33 $5.89
Monthly Interest Paid 1,071,576.33 5.89
Monthly Interest Shortfall 0.00 0.00
Interest Carryover Shortfall 0.00 0.00
Change in Interest Carryover Shortfall 0.00 0.00
Class B Asset Backed Notes
Monthly Interest Due $465,186.00 $6.10
Monthly Interest Paid 465,186.00 6.10
Monthly Interest Shortfall 0.00 0.00
Interest Carryover Shortfall 0.00 0.00
Change in Interest Carryover Shortfall 0.00 0.00
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Amount Per
$1,000 of Original
Amount Principal
Class C Asset Backed Certificates
Monthly Interest Due $279,638.33 $6.42
Monthly Interest Paid 279,638.33 6.42
Monthly Interest Shortfall 0.00 0.00
Interest Carryover Shortfall 0.00 0.00
Change in Interest Carryover Shortfall 0.00 0.00
Class D Asset Backed Certificates
Monthly Interest Due $326,850.00 $7.50
Monthly Interest Paid 326,850.00 7.50
Monthly Interest Shortfall 0.00 0.00
Interest Carryover Shortfall 0.00 0.00
Change in Interest Carryover Shortfall 0.00 0.00
Class Variable Pay Term Note 1
Monthly Interest Due $178,881.68 $0.40
Monthly Interest Paid 178,881.68 0.40
Monthly Interest Shortfall 0.00 0.00
Interest Carryover Shortfall 0.00 0.00
Change in Interest Carryover Shortfall 0.00 0.00
Class Variable Pay Term Note 2
Monthly Interest Due $2,612,663.42 $5.56
Monthly Interest Paid 2,612,663.42 5.56
Monthly Interest Shortfall 0.00 0.00
Interest Carryover Shortfall 0.00 0.00
Change in Interest Carryover Shortfall 0.00 0.00
Total Note Monthly Interest
Monthly Interest Due $9,859,544.93 $3.78
Monthly Interest Paid 9,859,544.93 3.78
Monthly Interest Shortfall 0.00 0.00
Interest Carryover Shortfall 0.00 0.00
Change in Interest Carryover Shortfall 0.00 0.00
Total Note and Certificate Monthly Interest
Monthly Interest Due $10,466,033.26 $3.89
Monthly Interest Paid 10,466,033.26 3.89
Monthly Interest Shortfall 0.00 0.00
Interest Carryover Shortfall 0.00 0.00
Change in Interest Carryover Shortfall 0.00 0.00
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Principal:
Principal Distribution Amounts
First Priority Distribution Amount
Second Priority Distribution Amount
Regular Principal Distribution Amount 86,944,499.07
Principal Distribution Amount $86,944,499.07
Amount Per $1,000
Principal Distribution Amounts Paid Amount of Orig Principal
A2 Asset Backed Notes Prin Paid $0.00 $0.00
A3 Asset Backed Notes Prin Paid $0.00 $0.00
A4 Asset Backed Notes Prin Paid $0.00 $0.00
A5 Asset Backed Notes Prin Paid $0.00 $0.00
B Asset Backed Notes Prin Paid $0.00 $0.00
C Asset Backed Certificates Prin Paid $0.00 $0.00
D Asset Backed Certificates Prin Paid $0.00 $0.00
Variable Pay Term Note 1 Prin Paid $32,179,570.79 $71.73
Variable Pay Term Note 2 Prin Paid $39,056,315.56 $83.10
Total Note Principal Paid $71,235,886.35 $27.34
Total Note and Certificate Prin Paid $71,235,886.35 $26.46
Deposit to Reserve $0.00
Collections Released to Servicer $0.00
Deposit to Accumulation Account $0.00
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III. POOL BALANCE AND PORTFOLIO INFORMATION Beginning Ending
Balances and Pool Factors:
A1 Asset Backed Notes Balance $0.00 $0.00
A1 Asset Backed Notes Pool Factor 0.0000000 0.0000000
A2 Asset Backed Notes Balance $388,000,000.00 $388,000,000.00
A2 Asset Backed Notes Pool Factor 1.0000000 1.0000000
A3 Asset Backed Notes Balance $321,500,000.00 $321,500,000.00
A3 Asset Backed Notes Pool Factor 1.0000000 1.0000000
A4 Asset Backed Notes Balance $249,000,000.00 $249,000,000.00
A4 Asset Backed Notes Pool Factor 1.0000000 1.0000000
A5 Asset Backed Notes Balance $181,880,000.00 $181,880,000.00
A5 Asset Backed Notes Pool Factor 1.0000000 1.0000000
B Asset Backed Notes Balance $76,260,000.00 $76,260,000.00
B Asset Backed Notes Pool Factor 1.0000000 1.0000000
C Asset Backed Certificates Balance $43,580,000.00 $43,580,000.00
C Asset Backed Certificates Pool Factor 1.0000000 1.0000000
D Asset Backed Certificates Balance $43,580,000.00 $43,580,000.00
D Asset Backed Certificates Pool Factor 1.0000000 1.0000000
Variable Pay Term Note 1 Balance $32,179,570.79 $0.00
Variable Pay Term Note 1 Pool Factor 0.0717301 0.0000000
Variable Pay Term Note 2 Balance $470,000,000.00 $430,943,684.44
Variable Pay Term Note 2 Pool Factor 1.0000000 0.9169015
Aggregate Balance of Notes $1,718,819,570.79 $1,647,583,684.44
Note Pool Factor 0.6597497 0.6324066
Total Note and Certificate Balance $1,734,743,684.44 $1,734,743,684.44
Portfolio Information:
Weighted Average Coupon (WAC) 7.85% 7.86%
Weighted Average Remaining Maturity (WAM) 41.39 40.50
Number of Contracts 147,879 145,383
Portfolio Receivable Balance $1,886,310,865.89 $1,814,375,660.35
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Dollar Amount
IV. OVERCOLLATERALIZATION INFORMATION
Specified Overcollateralization Amount $6,643,669.01
Specified Credit Enhancement Amount $18,143,756.60
Yield Supplement Overcollateralization Amount $88,696,919.62
Target Level of Overcollateralization $95,340,588.63
V. RECONCILIATION OF RESERVE ACCOUNT
Beginning Reserve Account Balance $11,500,087.59
Specified Reserve Account Balance 11,500,087.59
Reserve Release Amount 0.00
Reserve Account Draws 0.00
Reserve Account Deposits Made 0.00
Ending Reserve Account Balance $11,500,087.59
Change in Reserve Account Balance $0.00
VI. RECONCILIATION OF ACCUMULATION ACCOUNT
Beginning Accumulation Account Balance $0.00
Deposit to Accumulation Account 0.00
Release of Accumulated Balance
Ending Accumulation Account Balance $0.00
VII. NET LOSS AND DELINQUENCY ACCOUNT ACTIVITY
Liquidated Contracts:
Liquidation Proceeds $520,533.59
Recoveries from Prior Month Charge-Offs $1,422.03
Total Losses for Collection Period $1,516,549.27
Charge-off Rate for Collection Period (annualized) 0.63%
Cumulative Net Losses for all Periods $2,579,742.92
Delinquent Receivables
31-60 Days Delinquent $16,488,074.43
61-90 Days Delinquent $2,249,296.29
91-120 Days Delinquent $628,159.08
Over 120 Days Delinquent $407,606.82
Repossesion Inventory $2,188,139.86
Ratio of Net Losses to the Average Pool Balance:
Second Preceding Collection Period 0.266%
Preceding Collection Period 0.308%
Current Collection Period 0.645%
Three Month Average 0.406%
Ratio of 60+ Delinq Contracts to O/S Receivables:
Second Preceding Collection Period 0.113%
Preceding Collection Period 0.176%
Current Collection Period 0.173%
Three Month Average 0.154%
