|
|
|
|
|
|
|
|
|
|
|
|
|
|
Previous: PJ AMERICA INC, 8-K, EX-99, 2000-12-12 |
Next: MELLON BANK PREMIUM FINANCE LOAN MASTER TRUST, 8-K/A, 2000-12-12 |
-------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest Event
Reported) December 6, 2000
CWABS, INC.
------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 333-38686 95-4596514
---------------------------- ----------- -------------------
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
4500 Park Granada
Calabasas, California 91302
--------------------- ---------
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (818) 225-3237
-------------------------------------------------------------------------------
<PAGE>
Item 5. Other Events.
---- ------------
Description of the Mortgage Pool*
--------------------------------
On November 1, 2000, CWABS, Inc. (the "Company") entered into a Pooling
and Servicing Agreement dated as of November 1, 2000 (the "Pooling and
Servicing Agreement"), by and among the Company, as depositor, Countrywide
Home Loans, Inc. ("CHL"), as seller and as master servicer, and The Bank of
New York, as trustee (the "Trustee"), providing for the issuance of the
Company's Asset-Backed Certificates, Series 2000-4.
----------------------------
* Capitalized terms used and not otherwise defined herein shall have the
meanings assigned to them in the Prospectus dated November 27, 2000 and
the Prospectus Supplement dated November 28, 2000 of CWABS, Inc.,
relating to its Asset-Backed Certificates, Series 2000-4.
<PAGE>
Mortgage Loan Statistics
The following tables describe characteristics of the Initial Mortgage
Loans as of the Cut-off Date. All percentages set forth below have been
calculated based on the principal balance of the Initial Mortgage Loans as of
the date set forth below. The sum of the columns may not equal the respective
totals due to rounding.
COUNTRYWIDE 2000-4 - GROUP 1
<TABLE>
<CAPTION>
<S> <C>
TOTAL CURRENT BALANCE: $ 168,032,721.09
NUMBER OF LOANS: 1,871
AVG/WAVG
AVG CURRENT BALANCE: $89,809.04
WAVG MORTGAGE RATE: 10.877% RANGE 7.250% - 17.750%
WAVG ORIGINAL TERM: 312 months
WAVG REMAINING TERM: 310 months
WAVG ORIGINAL LTV OF FIRST LIENS: 74.98%
WAVG COMBINED LTV OF SECOND LIENS: 79.34%
WAVG COMBINED LTV: 75.22%
WAVG CREDIT SCORE: 604
TOP STATE CONCENTRATIONS: 22.78% California, 10.15% New York, 8.76% Florida
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
AMORTIZATION: Mortgage Loans the Cut-off Date as of the Cut-off Date
-----------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Fully Amortizing 1,624 $ 148,567,832.67 88.42
Balloon 247 19,464,888.42 11.58
-----------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
=====================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
INDEX: Mortgage Loans the Cut-off Date as of the Cut-off Date
-----------------------------------------------------------------------------------------------------
Fixed Rate 1,871 $ 168,032,721.09 100.00
-----------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
=====================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
LIEN POSITION: Mortgage Loans the Cut-off Date as of the Cut-off Date
-----------------------------------------------------------------------------------------------------
First Lien 1,627 $ 158,550,725.27 94.36
Second Lien 244 9,481,995.82 5.64
-----------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
=====================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
PROPERTY TYPE: Mortgage Loans the Cut-off Date as of the Cut-off Date
-----------------------------------------------------------------------------------------------------
Single Family 1,543 $ 136,093,219.18 80.99
PUD 115 12,820,234.01 7.63
Two-Four Family 73 8,822,775.05 5.25
Condominium - Low Rise 91 7,302,331.75 4.35
Manufactured Housing 46 2,852,030.27 1.70
Condominium - High Rise 3 142,130.83 0.08
-----------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
=====================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
OCCUPANCY: Mortgage Loans the Cut-off Date as of the Cut-off Date
------------------------------------------------------------------------------------------------------
Primary Residence 1,744 $ 160,560,287.45 95.55
Investment Property 113 6,028,948.23 3.59
Second Home 14 1,443,485.41 0.86
------------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
======================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
LOAN PURPOSE: Mortgage Loans the Cut-off Date as of the Cut-off Date
------------------------------------------------------------------------------------------------------
Cash Out Refinance 1,064 $ 99,576,169.86 59.26
Purchase 498 47,245,831.10 28.12
Rate/Term Refinance 309 21,210,720.13 12.62
------------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
======================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
DOCUMENTATION: Mortgage Loans the Cut-off Date as of the Cut-off Date
-----------------------------------------------------------------------------------------------------
Full Documentation 1,421 $ 125,149,506.86 74.48
Stated Documentation 376 36,165,523.03 21.52
Reduced Documentation 74 6,717,691.20 4.00
-----------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
=====================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
CREDIT COMEBACK FEATURE: Mortgage Loans the Cut-off Date as of the Cut-off Date
------------------------------------------------------------------------------------------------------
Non-Credit Comeback Loans 1,551 $ 137,322,551.52 81.72
Fixed Rate Credit Comeback Loans 320 30,710,169.57 18.28
------------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
======================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
PMI: Mortgage Loans the Cut-off Date as of the Cut-off Date
------------------------------------------------------------------------------------------------------
PMI Insured Eligible Loans 1,309 $ 134,160,520.55 97.98
Non-Insured Eligible Loans 21 2,771,148.33 2.02
------------------------------------------------------------------------------------------------------
TOTAL 1,330 $ 136,931,668.88 100.00
======================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
PRODUCT: Mortgage Loans the Cut-off Date as of the Cut-off Date
------------------------------------------------------------------------------------------------------
Fixed Rate 1,871 $ 168,032,721.09 100.00
------------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
======================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
CURRENT BALANCE ($): Mortgage Loans the Cut-off Date as of the Cut-off Date
------------------------------------------------------------------------------------------------------
Up to 25,000.00 169 $ 3,303,596.07 1.97
25,000.01 - 50,000.00 496 18,825,728.14 11.20
50,000.01 - 75,000.00 421 26,174,058.98 15.58
75,000.01 - 100,000.00 245 21,352,394.23 12.71
100,000.01 - 125,000.00 173 19,363,025.77 11.52
125,000.01 - 150,000.00 74 10,193,382.85 6.07
150,000.01 - 175,000.00 79 12,752,501.42 7.59
175,000.01 - 200,000.00 61 11,425,679.87 6.80
200,000.01 - 225,000.00 29 6,198,628.78 3.69
225,000.01 - 250,000.00 18 4,295,551.20 2.56
250,000.01 - 275,000.00 35 9,230,907.56 5.49
275,000.01 - 300,000.00 19 5,447,617.43 3.24
300,000.01 - 325,000.00 12 3,781,523.71 2.25
325,000.01 - 350,000.00 15 5,053,971.74 3.01
350,000.01 - 375,000.00 8 2,893,043.19 1.72
375,000.01 - 400,000.00 7 2,754,461.92 1.64
400,000.01 - 425,000.00 2 845,000.00 0.50
425,000.01 - 450,000.00 1 443,801.48 0.26
450,000.01 - 475,000.00 4 1,842,432.56 1.10
475,000.01 - 500,000.00 1 498,705.39 0.30
525,000.01 - 550,000.00 1 531,708.80 0.32
> 550,000.00 1 825,000.00 0.49
------------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
======================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
MORTGAGE RATE (%): Mortgage Loans the Cut-off Date as of the Cut-off Date
------------------------------------------------------------------------------------------------------
7.250 - 7.500 1 $ 165,000.00 0.10
7.501 - 8.000 5 953,725.00 0.57
8.001 - 8.500 38 7,450,658.60 4.43
8.501 - 9.000 84 14,012,157.48 8.34
9.001 - 9.500 83 12,668,107.23 7.54
9.501 - 10.000 159 21,644,647.61 12.88
10.001 - 10.500 202 22,642,604.53 13.48
10.501 - 11.000 267 26,752,807.62 15.92
11.001 - 11.500 164 12,802,989.19 7.62
11.501 - 12.000 173 12,723,822.94 7.57
12.001 - 12.500 131 8,505,679.86 5.06
12.501 - 13.000 150 8,820,368.26 5.25
13.001 - 13.500 119 5,461,194.01 3.25
13.501 - 14.000 122 6,321,667.55 3.76
14.001 - 14.500 64 2,838,722.35 1.69
14.501 - 15.000 65 2,810,245.47 1.67
15.001 - 15.500 21 675,048.26 0.40
15.501 - 16.000 16 527,004.11 0.31
16.001 - 16.500 4 177,396.66 0.11
16.501 - 17.000 2 50,906.08 0.03
> 17.500 1 27,968.28 0.02
------------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
======================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
REMAINING TERM (MONTHS): Mortgage Loans the Cut-off Date as of the Cut-off Date
------------------------------------------------------------------------------------------------------
117 - 120 27 $ 1,013,715.05 0.60
157 - 168 1 130,949.77 0.08
169 - 180 706 42,470,143.62 25.27
229 - 240 30 1,944,638.98 1.16
301 - 312 1 56,495.71 0.03
337 - 348 1 49,618.74 0.03
349 - 360 1,105 122,367,159.22 72.82
------------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
======================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
COMBINED LTV (%): Mortgage Loans the Cut-off Date as of the Cut-off Date
------------------------------------------------------------------------------------------------------
Up to 10.00 6 $ 283,110.47 0.17
10.01 - 15.00 7 275,064.42 0.16
15.01 - 20.00 9 324,051.23 0.19
20.01 - 25.00 9 421,767.70 0.25
25.01 - 30.00 15 602,872.55 0.36
30.01 - 35.00 20 785,953.47 0.47
35.01 - 40.00 14 577,455.64 0.34
40.01 - 45.00 26 1,761,576.74 1.05
45.01 - 50.00 49 3,317,905.45 1.97
50.01 - 55.00 50 3,104,343.50 1.85
55.01 - 60.00 78 6,516,709.41 3.88
60.01 - 65.00 148 11,584,769.76 6.89
65.01 - 70.00 215 18,665,223.28 11.11
70.01 - 75.00 345 31,692,099.07 18.86
75.01 - 80.00 409 44,323,759.43 26.38
80.01 - 85.00 174 16,612,853.12 9.89
85.01 - 90.00 220 20,170,009.11 12.00
90.01 - 95.00 23 3,073,326.08 1.83
95.01 - 100.00 54 3,939,870.66 2.34
------------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
======================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
FICO SCORE: Mortgage Loans the Cut-off Date as of the Cut-off Date
------------------------------------------------------------------------------------------------------
Not Scored 19 $ 1,181,281.96 0.70
Up to 500 40 2,599,282.87 1.55
501 - 520 101 7,073,771.28 4.21
521 - 540 117 9,226,152.95 5.49
541 - 560 158 15,265,659.31 9.08
561 - 580 203 16,271,498.32 9.68
581 - 600 309 28,074,205.84 16.71
601 - 620 309 27,260,950.64 16.22
> 620 615 61,079,917.92 36.35
------------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
======================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
CREDIT GRADE: Mortgage Loans the Cut-off Date as of the Cut-off Date
------------------------------------------------------------------------------------------------------
A 877 $ 85,063,354.41 50.62
A- 413 38,123,877.89 22.69
B 247 20,909,541.97 12.44
C 275 19,913,243.63 11.85
C- 34 2,241,052.39 1.33
D 25 1,781,650.80 1.06
------------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
======================================================================================================
% of Aggregate
Principal Balance
Number of Principal Balance of Group 1 Mortgage
Group 1 Outstanding as of Loans Outstanding
STATE: Mortgage Loans the Cut-off Date as of the Cut-off Date
------------------------------------------------------------------------------------------------------
Alabama 4 $ 230,289.13 0.14
Alaska 2 167,432.95 0.10
Arizona 32 2,011,397.12 1.20
Arkansas 9 626,790.56 0.37
California 289 38,281,219.50 22.78
Colorado 30 2,877,395.64 1.71
Connecticut 18 1,812,949.00 1.08
Delaware 6 461,093.80 0.27
District of Columbia 4 323,350.00 0.19
Florida 199 14,723,562.91 8.76
Georgia 54 4,284,585.65 2.55
Hawaii 25 4,399,034.17 2.62
Idaho 15 1,226,568.19 0.73
Illinois 44 4,061,465.60 2.42
Indiana 40 2,419,993.29 1.44
Iowa 4 345,601.21 0.21
Kansas 12 804,992.79 0.48
Kentucky 37 1,976,326.38 1.18
Louisiana 44 2,574,931.29 1.53
Maine 8 491,725.47 0.29
Maryland 24 2,390,434.30 1.42
Massachusetts 39 3,944,131.54 2.35
Michigan 186 12,201,230.27 7.26
Minnesota 7 847,393.56 0.50
Mississippi 7 327,210.24 0.19
Missouri 34 1,827,221.96 1.09
Montana 4 249,395.17 0.15
Nebraska 11 534,323.65 0.32
Nevada 29 2,413,422.71 1.44
New Hampshire 5 410,487.01 0.24
New Jersey 19 3,215,744.74 1.91
New Mexico 6 265,387.16 0.16
New York 109 17,061,546.83 10.15
North Carolina 40 2,941,239.36 1.75
Ohio 68 4,179,306.82 2.49
Oklahoma 33 1,405,695.40 0.84
Oregon 23 2,062,534.32 1.23
Pennsylvania 66 4,935,992.05 2.94
Rhode Island 2 256,893.72 0.15
South Carolina 12 965,229.91 0.57
South Dakota 3 328,977.48 0.20
Tennessee 77 5,181,135.29 3.08
Texas 115 9,033,297.81 5.38
Utah 17 1,478,727.38 0.88
Vermont 1 49,663.20 0.03
Virginia 20 2,040,811.95 1.21
Washington 24 2,606,035.44 1.55
West Virginia 1 38,700.00 0.02
Wisconsin 12 628,641.17 0.37
Wyoming 1 111,206.00 0.07
-------------------------------------------------------------------------------------------------------
TOTAL 1,871 $ 168,032,721.09 100.00
=======================================================================================================
</TABLE>
<PAGE>
COUNTRYWIDE 2000-4 - Subgroup 2A
TOTAL CURRENT BALANCE: $ 256,697,551.88
NUMBER OF LOANS: 2,378
AVG/WAVG
AVG CURRENT BALANCE: $107,946.83
WAVG MORTGAGE RATE: 10.515% RANGE: 6.625% - 18.375%
WAVG GROSS MARGIN: 6.426%
WAVG INITIAL PERIODIC RATE CAP: 1.512%
WAVG SUBSEQUENT PERIODIC RATE CAP: 1.522%
WAVG MAXIMUM MORTGAGE RATE: 17.415%
WAVG MINIMUM MORTGAGE RATE: 10.515%
WAVG ORIGINAL TERM: 360 months
WAVG REMAINING TERM: 359 months
WAVG COMBINED LTV: 77.49 %
WAVG CREDIT SCORE: 593
TOP STATE CONCENTRATIONS: 32.20% California, 5.92% Michigan, 4.78% Florida
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
AMORTIZATION: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Fully Amortizing 2,378 $ 256,697,551.88 100.00
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
INDEX: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
6 Mo Libor 2,378 $ 256,697,551.88 100.00
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
LIEN POSITION: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
First Lien 2,378 $ 256,697,551.88 100.00
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
PROPERTY TYPE: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Single Family 1,945 $ 206,809,441.37 80.57
PUD 167 21,836,572.58 8.51
Condominium - Low Rise 111 12,283,302.52 4.79
Two-Four Family 88 11,117,632.36 4.33
Manufactured Housing 61 4,353,708.48 1.70
Condominium - High Rise 6 296,894.57 0.12
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
OCCUPANCY: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Primary Residence 2,234 $ 246,446,133.76 96.01
Investment Property 121 8,383,938.72 3.27
Second Home 23 1,867,479.40 0.73
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
LOAN PURPOSE: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Cash Out Refinance 1,162 $ 124,474,315.91 48.49
Purchase 1,053 113,362,942.84 44.16
Rate/Term Refinance 163 18,860,293.13 7.35
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
DOCUMENTATION: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Full Documentation 1,791 $ 191,136,979.53 74.46
Stated Documentation 502 55,437,977.16 21.60
Reduced Documentation 85 10,122,595.19 3.94
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
CREDIT COMEBACK FEATURE: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Non-Credit Comeback Loans 2,378 $ 256,697,551.88 100.00
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
PMI: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
PMI Insured Eligible Loans 2,132 $ 234,757,846.86 98.74
Non-Insured Eligible Loans 29 2,984,224.05 1.26
---------------------------------------------------------------------------------------------------------
TOTAL 2,161 $ 237,742,070.91 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
PRODUCT: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
2/28 Hybrid Arm 1,918 $ 206,771,972.51 80.55
3/27 Hybrid Arm 390 41,154,917.47 16.03
6 Month Libor Arm 70 8,770,661.90 3.42
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
CURRENT BALANCE ($): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Up to 25,000.00 53 $ 1,081,113.70 0.42
25,000.01 - 50,000.00 297 11,555,440.83 4.50
50,000.01 - 75,000.00 497 31,389,459.27 12.23
75,000.01 - 100,000.00 437 38,360,333.25 14.94
100,000.01 - 125,000.00 304 34,328,080.67 13.37
125,000.01 - 150,000.00 233 31,740,326.97 12.36
150,000.01 - 175,000.00 196 31,492,242.31 12.27
175,000.01 - 200,000.00 132 24,701,765.32 9.62
200,000.01 - 225,000.00 129 27,552,623.33 10.73
225,000.01 - 250,000.00 77 18,376,585.78 7.16
250,000.01 - 275,000.00 20 5,096,524.85 1.99
275,000.01 - 300,000.00 1 285,000.00 0.11
300,000.01 - 325,000.00 1 313,500.00 0.12
400,000.01 - 424,555.60 1 424,555.60 0.17
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
MORTGAGE RATE (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Up to 7.000 3 $ 466,802.09 0.18
7.001 - 7.500 8 1,125,816.41 0.44
7.501 - 8.000 13 1,797,605.80 0.70
8.001 - 8.500 45 6,518,652.98 2.54
8.501 - 9.000 122 17,400,627.26 6.78
9.001 - 9.500 216 28,878,178.95 11.25
9.501 - 10.000 404 50,938,789.03 19.84
10.001 - 10.500 345 37,931,795.19 14.78
10.501 - 11.000 376 38,638,042.80 15.05
11.001 - 11.500 259 25,586,161.11 9.97
11.501 - 12.000 218 18,925,949.87 7.37
12.001 - 12.500 105 8,101,036.02 3.16
12.501 - 13.000 108 9,312,548.13 3.63
13.001 - 13.500 47 3,031,023.74 1.18
13.501 - 14.000 45 3,569,093.76 1.39
14.001 - 14.500 22 1,862,013.04 0.73
14.501 - 15.000 22 1,462,373.54 0.57
15.001 - 15.500 8 620,621.70 0.24
15.501 - 16.000 5 242,937.43 0.09
16.001 - 16.500 3 136,443.91 0.05
16.501 - 17.000 1 13,798.68 0.01
17.001 - 17.500 1 60,000.00 0.02
> 17.500 2 77,240.44 0.03
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
REMAINING TERM (MONTHS): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
175 - 180 1 $ 43,433.83 0.02
349 - 360 2,377 256,654,118.05 99.98
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
COMBINED LTV (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
14.84 - 15.00 1 $ 25,000.00 0.01
15.01 - 20.00 3 139,989.71 0.05
20.01 - 25.00 4 76,483.51 0.03
25.01 - 30.00 11 668,978.89 0.26
30.01 - 35.00 7 652,855.18 0.25
35.01 - 40.00 17 1,184,991.50 0.46
40.01 - 45.00 25 1,656,194.08 0.65
45.01 - 50.00 35 3,522,996.45 1.37
50.01 - 55.00 40 4,056,451.24 1.58
55.01 - 60.00 74 6,971,540.41 2.72
60.01 - 65.00 144 13,709,587.95 5.34
65.01 - 70.00 277 27,562,604.32 10.74
70.01 - 75.00 375 38,235,218.96 14.90
75.01 - 80.00 633 72,147,998.75 28.11
80.01 - 85.00 332 38,123,376.03 14.85
85.01 - 90.00 332 39,358,687.62 15.33
90.01 - 95.00 66 8,511,414.75 3.32
95.01 - 100.00 2 93,182.53 0.04
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
FICO SCORE: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Not Scored 29 $ 2,047,489.82 0.80
Up to 500 64 6,104,534.46 2.38
501 - 520 140 12,726,837.12 4.96
521 - 540 192 19,492,893.43 7.59
541 - 560 252 27,036,845.17 10.53
561 - 580 343 36,641,019.12 14.27
581 - 600 392 43,373,276.51 16.90
601 - 620 343 39,236,383.50 15.29
> 620 623 70,038,272.75 27.28
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
CREDIT GRADE: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
A 895 $ 102,951,174.96 40.11
A- 560 61,605,864.51 24.00
B 438 45,778,097.10 17.83
C 405 38,685,900.61 15.07
C- 50 4,881,310.12 1.90
D 30 2,795,204.58 1.09
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
STATE: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Alabama 2 $ 148,928.71 0.06
Alaska 3 341,068.45 0.13
Arizona 58 5,321,919.31 2.07
Arkansas 7 561,412.37 0.22
California 528 82,666,327.34 32.20
Colorado 66 8,074,991.08 3.15
Connecticut 25 3,112,026.24 1.21
Delaware 5 393,964.48 0.15
District of Columbia 9 1,293,204.65 0.50
Florida 142 12,269,160.31 4.78
Georgia 38 3,801,069.02 1.48
Hawaii 10 1,673,296.28 0.65
Idaho 20 2,063,653.66 0.80
Illinois 81 8,070,969.61 3.14
Indiana 76 5,492,671.90 2.14
Iowa 10 923,949.36 0.36
Kansas 20 1,558,013.08 0.61
Kentucky 38 2,757,615.05 1.07
Louisiana 32 2,720,614.53 1.06
Maryland 23 2,592,617.70 1.01
Massachusetts 58 7,555,107.52 2.94
Michigan 180 15,197,232.88 5.92
Minnesota 28 3,087,431.01 1.20
Mississippi 11 792,832.16 0.31
Missouri 87 5,438,038.05 2.12
Montana 6 605,323.74 0.24
Nebraska 3 251,128.20 0.10
Nevada 38 4,679,966.14 1.82
New Hampshire 6 775,952.76 0.30
New Jersey 31 3,755,796.55 1.46
New Mexico 9 764,782.85 0.30
New York 30 4,270,384.52 1.66
North Carolina 60 4,934,258.97 1.92
North Dakota 1 29,590.01 0.01
Ohio 95 7,460,786.77 2.91
Oklahoma 42 3,012,313.26 1.17
Oregon 26 3,573,247.20 1.39
Pennsylvania 59 4,107,981.50 1.60
Rhode Island 5 368,670.75 0.14
South Carolina 18 1,510,050.11 0.59
South Dakota 2 95,844.80 0.04
Tennessee 98 7,829,927.88 3.05
Texas 116 10,841,004.75 4.22
Utah 19 2,598,941.67 1.01
Vermont 5 416,096.95 0.16
Virginia 24 3,303,062.26 1.29
Washington 87 10,158,204.78 3.96
West Virginia 6 322,874.45 0.13
Wisconsin 32 2,841,702.90 1.11
Wyoming 3 281,543.36 0.11
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
GROSS MARGIN (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Up to 1.000 2 $ 78,957.93 0.03
3.001 - 4.000 1 159,913.06 0.06
4.001 - 5.000 96 12,922,151.80 5.03
5.001 - 6.000 634 71,356,437.19 27.80
6.001 - 7.000 1,115 117,369,704.88 45.72
7.001 - 8.000 483 50,310,034.94 19.60
8.001 - 9.000 45 4,223,551.57 1.65
> 9.000 2 276,800.51 0.11
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
NEXT RATE ADJUSTMENT DATE Subgroup 2A Outstanding as of Outstanding as of
(HYBRID ARMS) Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
02/01/02 2 $ 305,992.31 0.12
03/01/02 3 191,875.53 0.08
04/01/02 2 153,177.84 0.06
05/01/02 10 1,424,371.53 0.57
06/01/02 27 2,706,993.25 1.09
07/01/02 39 3,857,431.61 1.56
08/01/02 78 9,452,537.84 3.81
08/29/02 1 56,656.58 0.02
08/30/02 1 250,972.76 0.10
09/01/02 169 19,430,950.55 7.84
09/25/02 1 46,778.84 0.02
10/01/02 604 65,883,070.85 26.57
11/01/02 785 81,251,987.02 32.77
12/01/02 196 21,759,176.00 8.78
02/01/03 1 63,484.52 0.03
05/01/03 1 125,724.18 0.05
06/01/03 3 239,821.78 0.10
07/01/03 18 1,669,324.74 0.67
08/01/03 22 2,664,711.79 1.07
09/01/03 51 6,198,450.59 2.50
09/29/03 1 85,471.48 0.03
10/01/03 157 16,975,919.08 6.85
10/04/03 1 125,962.31 0.05
11/01/03 105 10,074,197.00 4.06
12/01/03 30 2,931,850.00 1.18
---------------------------------------------------------------------------------------------------------
TOTAL 2,308 $ 247,926,889.98 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
NEXT RATE ADJUSTMENT DATE Subgroup 2A Outstanding as of Outstanding as of
(NON-HYBRID ARMS) Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
12/28/00 1 $ 186,821.32 2.13
01/01/01 1 130,292.02 1.49
04/01/01 24 3,030,095.06 34.55
05/01/01 42 5,269,403.50 60.08
06/01/01 2 154,050.00 1.76
---------------------------------------------------------------------------------------------------------
TOTAL 70 $ 8,770,661.90 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
MAXIMUM RATE (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
13.625 - 14.000 3 $ 466,802.09 0.18
14.001 - 15.000 30 4,076,044.66 1.59
15.001 - 16.000 228 32,276,401.80 12.57
16.001 - 17.000 615 77,658,050.56 30.25
17.001 - 18.000 715 74,873,772.80 29.17
18.001 - 19.000 432 40,034,928.34 15.60
19.001 - 20.000 201 16,425,921.38 6.40
20.001 - 21.000 90 6,410,201.51 2.50
21.001 - 22.000 44 3,324,386.58 1.30
22.001 - 23.000 13 863,559.13 0.34
23.001 - 24.000 4 150,242.59 0.06
24.001 - 25.000 2 112,492.04 0.04
> 25.000 1 24,748.40 0.01
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
MINIMUM RATE (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Up to 7.000 3 $ 466,802.09 0.18
7.001 - 8.000 21 2,923,422.21 1.14
8.001 - 9.000 167 23,919,280.24 9.32
9.001 - 10.000 620 79,816,967.98 31.09
10.001 - 11.000 721 76,569,837.99 29.83
11.001 - 12.000 477 44,512,110.98 17.34
12.001 - 13.000 213 17,413,584.15 6.78
13.001 - 14.000 92 6,600,117.50 2.57
14.001 - 15.000 44 3,324,386.58 1.30
15.001 - 16.000 13 863,559.13 0.34
16.001 - 17.000 4 150,242.59 0.06
17.001 - 18.000 2 112,492.04 0.04
> 18.000 1 24,748.40 0.01
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
INITIAL RATE CAP (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Up to 1.000 342 $ 37,980,028.82 14.80
1.001 - 2.000 1,921 203,746,941.80 79.37
2.001 - 3.000 115 14,970,581.26 5.83
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2A
Number of Principal Balance Mortgage Loans
Subgroup 2A Outstanding as of Outstanding as of
SUBSEQUENT RATE CAP (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
1.000 138 $ 16,221,360.66 6.32
1.500 2,130 228,078,323.26 88.85
2.000 46 4,908,783.06 1.91
3.000 64 7,489,084.90 2.92
---------------------------------------------------------------------------------------------------------
TOTAL 2,378 $ 256,697,551.88 100.00
=========================================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COUNTRYWIDE 2000-4 - Subgroup 2B
<S> <C>
TOTAL CURRENT BALANCE: $ 402,659,677.95
NUMBER OF LOANS: 3,267
AVG/WAVG
AVG CURRENT BALANCE: $123,250.59
WAVG MORTGAGE RATE: 10.373% RANGE: 5.750% - 20.500%
WAVG GROSS MARGIN: 6.318%
WAVG INITIAL PERIODIC RATE CAP: 1.491%
WAVG SUBSEQUENT PERIODIC RATE CAP: 1.511%
WAVG MAXIMUM MORTGAGE RATE: 17.097%
WAVG MINIMUM MORTGAGE RATE: 10.208%
WAVG ORIGINAL TERM: 355 months
WAVG REMAINING TERM: 354 months
WAVG ORIGINAL LTV OF FIRST LIENS: 77.28%
WAVG COMBINED LTV OF SECOND LIENS: 76.62%
WAVG COMBINED LTV: 77.27%
WAVG CREDIT SCORE: 597
TOP STATE CONCENTRATIONS: 40.86% California, 4.38% Michigan, 4.04% Texas
</TABLE>
<TABLE>
<CAPTION>
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
AMORTIZATION: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Fully Amortizing 3,265 $ 402,474,720.15 99.95
Balloon 2 184,957.80 0.05
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
INDEX: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
6 Mo Libor 2,689 $ 383,675,512.22 95.29
Fixed Rate 578 18,984,165.73 4.71
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
LIEN POSITION: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
First Lien 2,990 $ 395,588,266.67 98.24
Second Lien 277 7,071,411.28 1.76
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
PROPERTY TYPE: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Single Family 2,735 $ 325,280,699.98 80.78
PUD 235 46,081,965.97 11.44
Condominium - Low Rise 130 14,746,821.17 3.66
Two-Four Family 104 11,196,928.40 2.78
Manufactured Housing 53 3,296,388.67 0.82
Condominium - High Rise 10 2,056,873.76 0.51
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
OCCUPANCY: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Primary Residence 3,150 $ 393,533,874.84 97.73
Investment Property 103 8,240,704.78 2.05
Second Home 14 885,098.33 0.22
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
LOAN PURPOSE: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Cash Out Refinance 1,697 $ 203,885,498.14 50.63
Purchase 1,142 165,705,598.51 41.15
Rate/Term Refinance 428 33,068,581.30 8.21
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
DOCUMENTATION: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Full Documentation 2,460 $ 297,187,778.85 73.81
Stated Documentation 678 88,125,495.73 21.89
Reduced Documentation 129 17,346,403.37 4.31
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
CREDIT COMEBACK FEATURE: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Non-Credit Comback Loans 3,093 $ 396,291,014.10 98.42
Fixed Rate Credit Comeback Loans 174 6,368,663.85 1.58
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
PMI: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
PMI Insured Eligible Loans 2,523 $ 351,772,868.31 96.19
Non-Insured Eligible Loans 60 13,921,784.09 3.81
---------------------------------------------------------------------------------------------------------
TOTAL 2,583 $ 365,694,652.40 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
PRODUCT: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
2/28 Hybrid Arm 2,123 $ 304,594,024.85 75.65
3/27 Hybrid Arm 469 62,329,187.35 15.48
Fixed Rate 578 18,984,165.73 4.71
6 Month Libor Arm 97 16,752,300.02 4.16
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
CURRENT BALANCE ($): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Up to 25,000.00 351 $ 6,563,378.08 1.63
25,000.01 - 50,000.00 587 22,203,886.43 5.51
50,000.01 - 75,000.00 525 32,840,217.73 8.16
75,000.01 - 100,000.00 389 33,957,598.54 8.43
100,000.01 - 125,000.00 293 32,617,322.78 8.10
125,000.01 - 150,000.00 222 30,481,034.84 7.57
150,000.01 - 175,000.00 153 24,735,171.44 6.14
175,000.01 - 200,000.00 127 23,890,789.67 5.93
200,000.01 - 225,000.00 94 19,928,228.34 4.95
225,000.01 - 250,000.00 60 14,312,407.31 3.55
250,000.01 - 275,000.00 104 27,446,327.21 6.82
275,000.01 - 300,000.00 92 26,462,469.54 6.57
300,000.01 - 325,000.00 68 21,315,575.61 5.29
325,000.01 - 350,000.00 43 14,630,576.07 3.63
350,000.01 - 375,000.00 35 12,685,332.31 3.15
375,000.01 - 400,000.00 33 12,863,063.22 3.19
400,000.01 - 425,000.00 20 8,309,283.62 2.06
425,000.01 - 450,000.00 14 6,130,506.49 1.52
450,000.01 - 475,000.00 14 6,507,721.53 1.62
475,000.01 - 500,000.00 16 7,845,681.23 1.95
500,000.01 - 525,000.00 6 3,049,839.84 0.76
525,000.01 - 550,000.00 4 2,171,750.00 0.54
> 550,000.00 17 11,711,516.12 2.91
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
MORTGAGE RATE (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Up to 7.000 15 $ 3,586,398.84 0.89
7.001 - 7.500 13 2,933,456.39 0.73
7.501 - 8.000 27 5,757,775.58 1.43
8.001 - 8.500 65 14,861,476.46 3.69
8.501 - 9.000 174 37,477,875.98 9.31
9.001 - 9.500 288 55,740,839.58 13.84
9.501 - 10.000 467 78,196,071.41 19.42
10.001 - 10.500 394 54,184,989.23 13.46
10.501 - 11.000 427 53,962,950.19 13.40
11.001 - 11.500 268 28,285,595.93 7.02
11.501 - 12.000 226 20,829,688.16 5.17
12.001 - 12.500 143 11,511,571.92 2.86
12.501 - 13.000 147 10,516,566.19 2.61
13.001 - 13.500 103 5,741,112.61 1.43
13.501 - 14.000 86 5,238,353.18 1.30
14.001 - 14.500 87 2,915,971.90 0.72
14.501 - 15.000 69 2,985,290.18 0.74
15.001 - 15.500 47 1,562,874.15 0.39
15.501 - 16.000 80 2,863,093.88 0.71
16.001 - 16.500 53 1,225,076.67 0.30
16.501 - 17.000 32 958,678.60 0.24
17.001 - 17.500 38 868,893.10 0.22
> 17.500 18 455,077.82 0.11
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
REMAINING TERM (MONTHS): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
119 - 120 56 $ 1,182,408.15 0.29
169 - 180 374 10,665,352.25 2.65
349 - 360 2,837 390,811,917.55 97.06
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
COMBINED LTV (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Up to 10.00 1 $ 39,918.01 0.01
10.01 - 15.00 5 105,780.54 0.03
15.01 - 20.00 13 472,765.71 0.12
20.01 - 25.00 25 1,021,095.91 0.25
25.01 - 30.00 17 1,032,570.82 0.26
30.01 - 35.00 38 2,543,499.28 0.63
35.01 - 40.00 34 1,526,362.37 0.38
40.01 - 45.00 47 2,240,158.04 0.56
45.01 - 50.00 60 3,808,513.64 0.95
50.01 - 55.00 72 7,050,967.93 1.75
55.01 - 60.00 119 10,712,492.70 2.66
60.01 - 65.00 210 20,400,555.47 5.07
65.01 - 70.00 349 40,347,412.46 10.02
75.01 - 80.00 506 59,358,075.88 14.74
80.01 - 85.00 852 122,727,337.31 30.48
85.01 - 90.00 426 57,144,173.65 14.19
90.01 - 95.00 426 61,376,443.90 15.24
95.01 - 100.00 67 10,751,554.33 2.67
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
FICO SCORE: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Not Scored 40 $ 2,479,597.56 0.62
Up to 500 107 9,810,351.92 2.44
501 - 520 174 17,839,189.63 4.43
521 - 540 258 22,875,527.71 5.68
541 - 560 381 42,116,475.49 10.46
561 - 580 485 55,988,013.71 13.90
581 - 600 485 63,860,763.79 15.86
601 - 620 465 61,137,527.89 15.18
> 620 872 126,552,230.25 31.43
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
CREDIT GRADE: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
A 1,251 $ 180,288,505.16 44.77
A- 721 99,151,868.25 24.62
B 580 61,065,984.34 15.17
C 584 50,160,641.20 12.46
C- 67 6,698,876.27 1.66
D 64 5,293,802.73 1.31
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
STATE: Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Alabama 2 $ 130,858.08 0.03
Alaska 2 324,111.97 0.08
Arizona 80 8,463,591.49 2.10
Arkansas 11 635,727.22 0.16
California 832 164,516,415.02 40.86
Colorado 76 11,307,886.99 2.81
Connecticut 37 4,615,725.30 1.15
Delaware 5 629,630.28 0.16
District of Columbia 9 1,554,890.33 0.39
Florida 174 14,221,948.44 3.53
Georgia 62 7,242,973.42 1.80
Hawaii 14 2,198,021.81 0.55
Idaho 20 2,060,748.09 0.51
Illinois 114 11,877,166.57 2.95
Indiana 95 6,502,259.49 1.61
Iowa 11 608,149.68 0.15
Kansas 25 2,696,231.38 0.67
Kentucky 54 4,473,741.15 1.11
Louisiana 52 4,877,662.18 1.21
Maine 5 275,784.53 0.07
Maryland 38 4,306,135.26 1.07
Massachusetts 82 9,888,231.89 2.46
Michigan 220 17,637,283.58 4.38
Minnesota 27 3,013,931.43 0.75
Mississippi 19 827,629.47 0.21
Missouri 83 5,685,185.13 1.41
Montana 5 582,978.76 0.14
Nebraska 4 211,939.18 0.05
Nevada 62 8,248,130.60 2.05
New Hampshire 10 959,084.62 0.24
New Jersey 45 7,404,080.70 1.84
New Mexico 14 1,269,570.95 0.32
New York 66 9,966,217.71 2.48
North Carolina 42 4,070,021.23 1.01
Ohio 106 7,754,406.85 1.93
Oklahoma 37 2,321,386.38 0.58
Oregon 51 5,993,656.71 1.49
Pennsylvania 97 6,628,449.26 1.65
Rhode Island 5 477,269.06 0.12
South Carolina 11 1,919,878.24 0.48
South Dakota 5 211,927.93 0.05
Tennessee 106 10,461,588.23 2.60
Texas 216 16,278,859.28 4.04
Utah 40 4,722,955.57 1.17
Vermont 6 235,208.28 0.06
Virginia 49 5,361,000.95 1.33
Washington 96 13,801,945.40 3.43
West Virginia 4 159,746.55 0.04
Wisconsin 36 2,741,471.89 0.68
Wyoming 5 305,983.44 0.08
---------------------------------------------------------------------------------------------------------
TOTAL 3,267 $ 402,659,677.95 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
GROSS MARGIN (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Up to 1.000 2 $ 126,273.57 0.03
1.001 - 2.000 1 76,431.88 0.02
2.001 - 3.000 1 260,214.35 0.07
3.001 - 4.000 5 1,087,423.59 0.28
4.001 - 5.000 127 23,202,820.95 6.05
5.001 - 6.000 754 126,665,086.58 33.01
6.001 - 7.000 1,253 164,723,615.17 42.93
7.001 - 8.000 481 58,579,873.57 15.27
8.001 - 9.000 58 8,430,919.69 2.20
> 9.000 7 522,852.87 0.14
---------------------------------------------------------------------------------------------------------
TOTAL 2,689 $ 383,675,512.22 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
NEXT RATE ADJUSTMENT DATE Subgroup 2B Outstanding as of Outstanding as of
(HYBRID ARMS) Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
01/01/02 1 $ 103,546.73 0.03
03/01/02 2 100,328.93 0.03
04/01/02 3 375,001.26 0.10
05/01/02 7 651,724.43 0.18
06/01/02 30 3,436,030.52 0.94
07/01/02 51 8,139,644.60 2.22
08/01/02 103 17,343,298.74 4.73
08/30/02 1 103,409.44 0.03
09/01/02 183 34,229,551.31 9.33
10/01/02 737 106,497,474.00 29.02
10/11/02 1 174,955.21 0.05
10/15/02 1 76,786.94 0.02
11/01/02 826 108,778,365.74 29.65
12/01/02 177 24,583,907.00 6.70
03/01/03 1 262,624.51 0.07
05/01/03 1 82,126.81 0.02
06/01/03 9 779,946.23 0.21
07/01/03 14 1,423,421.70 0.39
08/01/03 33 5,389,090.43 1.47
09/01/03 70 12,417,314.32 3.38
10/01/03 196 25,944,178.07 7.07
11/01/03 117 13,400,999.28 3.65
12/01/03 28 2,629,486.00 0.72
---------------------------------------------------------------------------------------------------------
TOTAL 2,592 $ 366,923,212.20 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
NEXT RATE ADJUSTMENT DATE Subgroup 2B Outstanding as of Outstanding as of
(NON-HYBRID ARMS) Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
12/01/00 1 $ 135,513.08 0.81
02/01/01 2 183,215.31 1.09
02/21/01 1 130,333.88 0.78
03/01/01 2 423,205.81 2.53
04/01/01 41 7,806,186.94 46.60
05/01/01 39 6,332,415.00 37.80
06/01/01 11 1,741,430.00 10.40
---------------------------------------------------------------------------------------------------------
TOTAL 97 $ 16,752,300.02 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
MAXIMUM RATE (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Up to 13.000 3 $ 897,942.40 0.23
13.001 - 14.000 13 2,785,230.24 0.73
14.001 - 15.000 51 10,690,551.51 2.79
15.001 - 16.000 316 68,062,361.08 17.74
16.001 - 17.000 730 127,697,662.94 33.28
17.001 - 18.000 751 100,180,761.53 26.11
18.001 - 19.000 395 41,322,659.44 10.77
19.001 - 20.000 213 18,325,493.46 4.78
20.001 - 21.000 129 9,143,290.63 2.38
21.001 - 22.000 55 2,940,116.35 0.77
22.001 - 23.000 20 1,139,090.33 0.30
23.001 - 24.000 7 265,813.68 0.07
24.001 - 25.000 5 189,541.04 0.05
> 25.000 1 34,997.59 0.01
---------------------------------------------------------------------------------------------------------
TOTAL 2,689 $ 383,675,512.22 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
MINIMUM RATE (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Up to 7.000 17 $ 3,810,444.89 0.99
7.001 - 8.000 40 8,691,231.97 2.27
8.001 - 9.000 237 52,124,352.44 13.59
9.001 - 10.000 740 132,899,552.98 34.64
10.001 - 11.000 775 106,007,897.16 27.63
11.001 - 12.000 440 46,729,705.79 12.18
12.001 - 13.000 221 19,589,503.80 5.11
13.001 - 14.000 131 9,253,264.20 2.41
14.001 - 15.000 55 2,940,116.35 0.77
15.001 - 16.000 20 1,139,090.33 0.30
16.001 - 17.000 7 265,813.68 0.07
17.001 - 18.000 5 189,541.04 0.05
> 18.000 1 34,997.59 0.01
---------------------------------------------------------------------------------------------------------
TOTAL 2,689 $ 383,675,512.22 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
INITIAL RATE CAP (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
Up to 1.000 394 $ 66,331,958.11 17.29
1.001 - 2.000 2,159 297,371,876.49 77.51
2.001 - 3.000 136 19,971,677.62 5.21
---------------------------------------------------------------------------------------------------------
TOTAL 2,689 $ 383,675,512.22 100.00
=========================================================================================================
% of Aggregate
Principal Balance
of Subgroup 2B
Number of Principal Balance Mortgage Loans
Subgroup 2B Outstanding as of Outstanding as of
SUBSEQUENT RATE CAP (%): Mortgage Loans the Cut-off Date the Cut-off Date
---------------------------------------------------------------------------------------------------------
0.750 1 $ 330,870.58 0.09
1.000 201 33,117,384.53 8.63
1.500 2,361 330,776,423.21 86.21
2.000 63 8,010,474.36 2.09
3.000 63 11,440,359.54 2.98
---------------------------------------------------------------------------------------------------------
TOTAL 2,689 $ 383,675,512.22 100.00
=========================================================================================================
</TABLE>
<PAGE>
Item 7. Financial Statements, Pro Forma Financial
---- -----------------------------------------
Information and Exhibits.
------------------------
(a) Not applicable.
(b) Not applicable.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CWABS, INC.
By: /s/ Michael Muir
-------------------------
Name: Michael Muir
Title: Vice President
Dated: December 11, 2000
|
|