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Previous: BAY VIEW SECURITIZATION CORP, 8-K, 2000-08-29 |
Next: INTELISPAN INC /WA/, 8-K/A, 2000-08-29 |
<PAGE>
Bay View Securitization Corporation
Bay View 1997 RA-1 Auto Trust
For Remittance Date: July 31, 2000
<TABLE>
<CAPTION>
A. PRINCIPAL BALANCE RECONCILIATION
Number of
A-1 A-2 Total Accounts
---------------------------------------------------------------------
<S> <C> <C> <C> <C>
(A) Original Principal Balance 200,979,000.00 52,245,989.00 253,224,989.00 21,106
---------------------------------------------------------------------
(B) Beginning Period Principal Balance 0.00 23,334,458.06 23,334,458.06 3,326
---------------------------------------------------------------------
(C) Collections (Regular Payments) 0.00 958,277.01 958,277.01 N/A
---------------------------------------------------------------------
(D) Collections (Principal Payoffs) 0.00 562,945.70 562,945.70 162
---------------------------------------------------------------------
(E) Collections (Principal Recoveries) 0.00 0.00 0.00 0
---------------------------------------------------------------------
(F) Withdrawal from Payahead (Principal) 0.00 8,471.14 8,471.14 N/A
---------------------------------------------------------------------
(G) Principal Reductions (Other) 0.00 0.00 0.00 0
---------------------------------------------------------------------
(H) Gross Charge Offs 0.00 16,550.97 16,550.97 4
---------------------------------------------------------------------
(I) Repurchases 0.00 37,415.57 37,415.57 27
---------------------------------------------------------------------
(J) Ending Balance 0.00 21,750,797.67 21,750,797.67 3,133
---------------------------------------------------------------------
Notional Principal Balance:
(K) Beginning 0.00
----------------
(L) Ending 0.00
----------------
(M) Certificate Factor 0.0000000% 41.6315168% 8.5895147%
----------------------------------------------------
B. CASH FLOW RECONCILIATION
Total
----------------
(A) Cash Wired 1,786,700.39
----------------
(B) Interest Wired/Earned 10,175.69
----------------
(C) Withdrawal from Payahead Account 8,471.14
----------------
(D) Advances 0.00
----------------
(E) Repurchases 37,415.57
----------------
(F) Gross Charge-Off Recoveries 14,430.55
----------------
(G) Gross Charge-Off Advances 1,233.41
----------------
(H) Spread Account Withdrawal 0.00
----------------
(I) "A" Surety Bond Draw for "I" Interest 0.00
----------------
(J) "A" Surety Bond Draw for "A-1" Principal or Interest 0.00
----------------
(K) "A" Surety Bond Draw for "A-2" Principal or Interest 0.00
----------------
TOTAL COLLECTIONS 1,858,426.75
----------------
C. TRUSTEE DISTRIBUTION
Total
----------------
(A) Total Cash Flow 1,858,426.75
----------------
(B) Unrecovered Interest Advances 1,233.41
----------------
(C) Servicing Fee (Due and Unpaid) 19,445.38
----------------
(D) Interest to "A-1" Certificate Holders, including Overdue 0.00
----------------
(E) Interest to "A-2" Certificate Holders, including Overdue 128,145.07
----------------
(F) Interest to "I" Certificate Holders, including Overdue 0.00
----------------
(G) Principal to "A-1" Certificate Holders, including Overdue 0.00
----------------
(H) Principal to "A-2" Certificate Holders, including Overdue 1,583,660.39
----------------
(I) Reinsurance Fee 0.00
----------------
(J) Surety Bond Fee 2,916.81
----------------
(K) First Loss Protection 0.00
----------------
(L) Surety Bond Premium 2,916.81
----------------
(M) Interest Advance Recovery Payments 12,072.14
----------------
(N) Unreimbursed Draws on Class "A" Surety Bond for Class "A-1" Interest 0.00
----------------
(O) Unreimbursed Draws on Class "A" Surety Bond for Class "A-2" Interest 0.00
----------------
(P) Unreimbursed Draws on Class "A" Surety Bond for Class "I" Interest 0.00
----------------
(Q) Deposit to Payahead 0.00
----------------
</TABLE>
<PAGE>
Bay View Securitization Corporation
Bay View 1997 RA-1 Auto Trust
For Remittance Date July 31, 2000
<TABLE>
<S> <C>
(R) Bank Account Interest to Servicer 10,175.69
----------------
(S) Excess Yield 100,777.86
----------------
BALANCE 0.00
----------------
D. SPREAD ACCOUNT AND SURETY RECONCILIATION
Spread Account Surety Bond
---------------------------------------
(A) Beginning Balance 3,231,851.50 20,328,626.88
---------------------------------------
(B) Additions to Spread Amount 100,777.86 N/A
---------------------------------------
(C) Interest Earned 17,406.92 0.00
---------------------------------------
(D) Draws 0.00 0.00
---------------------------------------
(E) Reimbursement for Prior Draws NA 0.00
---------------------------------------
(F) Distribution of Funds to "IC" Class or Servicer 66,539.13 0.00
---------------------------------------
(G) Ending Balance 3,283,497.15 18,733,075.75
---------------------------------------
(H) Required Balance 3,165,312.36 18,733,075.75
---------------------------------------
(I) Distribution to "IC" Class 118,184.79
----------------------
E. CURRENT RECEIVABLES DELINQUENCY
#Payment Delinquency Number Balance
-------------------- ----------------------------------------
(A) 31-60 18 136,317.01
----------------------------------------
(B) 61-90 7 60,081.04
----------------------------------------
(C) 91+ 5 40,415.56
----------------------------------------
(D) Total 30 236,813.61
----------------------------------------
F. EXCESS YIELD
Excess Yield Pool Excess Yield
Month Balance Balance (Annualized %)
----- ---------------------------------------------------------
(A) Current 100,777.86 21,750,797.67 5.5600%
---------------------------------------------------------
(B) 1st Previous 49,811.93 23,334,458.06 2.5616%
---------------------------------------------------------
(C) 2nd Previous 58,292.71 25,164,712.61 2.7797%
---------------------------------------------------------
(D) 3rd Previous 114,430.31 27,293,691.39 5.0311%
---------------------------------------------------------
(E) 4th Previous 187,480.23 29,157,991.26 7.7158%
---------------------------------------------------------
(F) 5th Previous 61,440.17 31,501,274.52 2.3405%
---------------------------------------------------------
(G) Six-Month Rolling Excess Yield (>=1.75%) 95,372.20 26,367,154.25 4.3405%
---------------------------------------------------------
G. DELINQUENCY RATE (31+)
Month Pool
Month Balance Balance %
----- ---------------------------------------------------------
(A) Current 236,813.61 21,750,797.67 1.0888%
---------------------------------------------------------
(B) 1st Previous 200,798.03 23,334,458.06 0.8605%
---------------------------------------------------------
(C) 2nd Previous 193,845.22 25,164,712.61 0.7703%
---------------------------------------------------------
(D) Three-Month Rolling Average (less than 2%) 210,485.62 23,416,656.11 0.8989%
---------------------------------------------------------
H. NET LOSS RATE
Liquidation Average Defaulted
Month Balance Proceeds Balance (Annualized)
----- --------------------------------------------------------------------------
(A) Current 16,550.97 14,430.55 22,542,627.87 0.1129%
--------------------------------------------------------------------------
(B) 1st Previous 44,492.60 34,426.90 24,249,585.34 0.4981%
--------------------------------------------------------------------------
(C) 2nd Previous 98,461.60 33,717.61 26,229,202.00 2.9621%
--------------------------------------------------------------------------
(D) Three-Month Rolling Average Net Default Rate
(less than 3%) 53,168.39 27,525.02 24,340,471.73 1.2642%
--------------------------------------------------------------------------
</TABLE>
<PAGE>
Bay View Securitization Corporation
Bay View 1997 RA-1 Auto Trust
For Remittance Date: July 31, 2000
<TABLE>
I. CHARGE-OFF/RECOVERIES
Number Balance
----------------------------------------
<S> <C> <C>
(A) Collection Period Charge-Off Receivables 4 16,550.97
----------------------------------------
(B) Gross Charge-Offs Cumulative Receivables 1124 8,169,525.54
----------------------------------------
(C) Collection Period Recoveries on Charge-Offs NA 14,430.55
----------------------------------------
(D) Recoveries on Charge-Offs To-Date NA 1,285,934.09
----------------------------------------
J. REPOSSESSIONS
(A) Collection Period Repossessions 5 36,506.80
----------------------------------------
(B) Aggregate Repossessions 701 8,066,455.88
----------------------------------------
(C) Unliquidated Repossessions 9 80,313.23
----------------------------------------
K. FORCED PLACE INSURANCE
(A) FPI Charge-Offs 0 0.00
----------------------------------------
(B) FPI Canceled/Waived/Removed/Reversed 0 0.00
----------------------------------------
L. PAYAHEAD RECONCILIATION
(A) Beginning Balance 85,372.70
-----------------
(B) Deposit 0.00
-----------------
(C) Withdrawal 8,471.14
-----------------
(D) Ending Balance 76,901.56
-----------------
</TABLE>
Approved By: /s/ Michael LaOrange
--------------------
Michael LaOrange
Vice President, Controller
Bay View Acceptance Corp
<PAGE>
Bay View Securitization Corporation
Bay View 1999-LG-1 Auto Trust
For Remittance Date: July 31, 2000
<TABLE>
<CAPTION>
A. PRINCIPAL BALANCE RECONCILIATION
Number of
A-1 A-2 A-3 A-4 Total Accounts
-------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
(A) Original Principal Balance 42,750,000.00 97,000,000.00 55,000,000.00 52,023,107.00 246,773,107.00 17,753
-------------------------------------------------------------------------------------
(B) Beginning Period Principal Balance 0.00 81,418,439.62 55,000,000.00 52,023,107.00 188,441,546.62 15,163
-------------------------------------------------------------------------------------
(C) Collections (Regular Payments) 0.00 3,672,036.59 0.00 0.00 3,672,036.59 N/A
-------------------------------------------------------------------------------------
(D) Withdrawal from Payahead (Principal) 0.00 0.00 0.00 0.00 0.00 N/A
-------------------------------------------------------------------------------------
(E) Collections (Principal Payoffs) 0.00 3,495,367.76 0.00 0.00 3,495,367,76 337
-------------------------------------------------------------------------------------
(F) Collections (Principal Recoveries) 0.00 159,884.39 0.00 0.00 159,884.39 N/A
-------------------------------------------------------------------------------------
(G) Charge Offs Amount 0.00 276,693.96 0.00 0.00 276,693.96 39
-------------------------------------------------------------------------------------
(H) Principal Reductions
(Partial Charge-Offs) 0.00 28,168.25 0.00 0.00 28,168.25 N/A
-------------------------------------------------------------------------------------
(I) Repurchases 0.00 0.00 0.00 0.00 0.00 0
-------------------------------------------------------------------------------------
(J) Ending Balance 0.00 73,786,288.67 55,000,000.00 52,023,107.00 180,809,395.67 14,787
-------------------------------------------------------------------------------------
Notional Principal Balance:
(M) Beginning 128,079,766.81
--------------
(N) Ending 120,447,615.86
--------------
(N) Certificate Factor 0.000000% 76.068339% 100.000000% 100.000000% 73.269489
--------------------------------------------------------------------------
<CAPTION>
B. CASH FLOW RECONCILIATION
Total
--------------
<S> <C>
(A) Cash Wired 9,442,422.00
--------------
(B) Interest Wired/Earned 44,597.36
--------------
(C) Withdrawal from Payahead Account 0.00
--------------
(D) Advances 8,362.30
--------------
(E) Repurchases 0.00
--------------
(F) Gross Charge-Off Recoveries 36,068.57
--------------
(G) Gross Charge-Off Advances 6,449.82
--------------
(H) Spread Account Withdrawal 0.00
--------------
(I) "A" Surety Bond Draw for "I" Interest 0.00
--------------
(J) "A" Surety Bond Draw for "A-1" Principal or Interest 0.00
--------------
(K) "A" Surety Bond Draw for "A-2" Principal or Interest 0.00
--------------
(L) "A" Surety Bond Draw for "A-3" Principal or Interest 0.00
--------------
(M) "A" Surety Bond Draw for "A-4" Principal or Interest 0.00
--------------
TOTAL COLLECTIONS 9,537,900.05
--------------
<CAPTION>
C. TRUSTEE DISTRIBUTION
Total
--------------
<S> <C> <C>
(A) Total Cash Flow 9,537,900.05
--------------
(B) Unrecovered Interest Advances 6,449.82
--------------
(C) Servicing Fee (Due and Unpaid) 117,775.97
--------------
(D) Interest to "A-1" Certificate Holders, including Overdue 0.00
--------------
(E) Interest to "A-2" Certificate Holders, including Overdue 466,799.05
--------------
(F) Interest to "A-3" Certificate Holders, including Overdue 316,708.33
--------------
(G) Interest to "A-4" Certificate Holders, including Overdue 306,502.81
--------------
(H) Interest to "I" Certificate Holders, including Overdue 160,099.71
--------------
(I) Principal to "A-1" Certificate Holders, including Overdue 0.00
--------------
(J) Principal to "A-2" Certificate Holders, including Overdue 7,632,150.95
--------------
(K) Principal to "A-3" Certificate Holders, including Overdue 0.00
--------------
(L) Principal to "A-4" Certificate Holders, including Overdue 0.00
--------------
(M) Reinsurance Fee 0.00
--------------
(N) Surety Bond Fee 33,818.46
--------------
(O) First Loss Protection 3,458.43
---------------
(P) Surety Bond Premium 30,360.03
---------------
(Q) Interest Advance Recovery Payments 0.00
--------------
</TABLE>
<PAGE>
Bay View Securitization Corporation
Bay View 1999-LG-1 Auto Trust
For Remittance Date: July 31, 2000
<TABLE>
<S> <C>
---------------
(R) Unreimbursed Draws on Class "A" Surety Bond for Class "A-1" Interest 0.00
---------------
(S) Unreimbursed Draws on Class "A" Surety Bond for Class "A-2" Interest 0.00
---------------
(T) Unreimbursed Draws on Class "A" Surety Bond for Class "A-3" Interest 0.00
---------------
(U) Unreimbursed Draws on Class "A" Surety Bond for Class "A-4" Interest 0.00
---------------
(V) Unreimbursed Draws on Class "A" Surety Bond for Class "I" Interest 0.00
---------------
(W) Deposit to Payahead 10,410.00
---------------
(X) Bank Account Interest to Servicer 44,597.36
---------------
(Y) Excess Yield 442,587.59
---------------
BALANCE 0.00
---------------
<CAPTION>
D. SPREAD ACCOUNT AND SURETY RECONCILIATION
Spread Account Surety Bond
----------------------------------
<S> <C> <C>
(A) Beginning Balance 3,977,738.65 186,217,811.49
----------------------------------
(B) Additions to Spread Amount 442,587.59 N/A
----------------------------------
(C) Interest Earned 20,956.77 N/A
----------------------------------
(D) Draws 0.00 0.00
----------------------------------
(E) Reimbursement for Prior Draws N/A 0.00
----------------------------------
(F) Distribution of Funds to "IC" Class or Servicer N/A 0.00
----------------------------------
(G) Prior Month Distribution of Funds to "IC" Class 0.00 N/A
----------------------------------
(H) Ending Balance 4,441,283.01 178,199,542.89
----------------------------------
(I) Required Balance 7,066,558.00 178,199,542.89
----------------------------------
(J) Distribution to "IC" Class 0.00
-----------------
<CAPTION>
E. CURRENT RECEIVABLES DELINQUENCY
#Payment Delinquency Number Balance
-------------------- -------------------------
<S> <C> <C>
(A) 31-60 101 1,101,389.86
-------------------------
(B) 61-90 31 408,382.39
-------------------------
(C) 91+ 23 293,548.64
-------------------------
(D) Total 155 1,803,320.89
-------------------------
<CAPTION>
F. EXCESS YIELD
Excess Yield Pool Excess Yield
Month Balance Balance (Annualized %)
----- -------------------------------------------------
<S> <C> <C> <C>
(A) Current 442,587.59 180,809,395.67 2.9374%
-------------------------------------------------
(B) 1st Previous 304,109.40 188,441,546.62 1.9366%
-------------------------------------------------
(C) 2nd Previous 443,523.16 196,830,113.39 2.7040%
-------------------------------------------------
(D) 3rd Previous 633,143.11 205,042,973.82 3.7054%
-------------------------------------------------
(E) Four-Month Rolling Excess Yield 455,840.82 192,781,007.38 2.8375%
-------------------------------------------------
<CAPTION>
G. DELINQUENCY RATE (30+)
Month Pool
Month Balance Balance %
----- --------------------------------------------------
<S> <C> <C> <C>
(A) Current 1,803,320.89 180,809,395.67 0.9974%
--------------------------------------------------
(B) 1st Previous 1,592,430.17 188,441,546.62 0.8451%
--------------------------------------------------
(C) 2nd Previous 1,906,251.00 196,830,113.39 0.9685%
--------------------------------------------------
(D) 3rd Previous 1,614,556.48 205,042,973.82 0.7874%
--------------------------------------------------
(E) Four-Month Rolling Average 1,729,139.64 192,781,007.38 0.8969%
--------------------------------------------------
</TABLE>
<PAGE>
Bay View Securitization Corporation
Bay View 1999-LG-1 Auto Trust
For Remittance Date: July 31, 2000
<TABLE>
H. NET LOSS RATE
Charge-Off Liquidation Average Defaulted
Month Balance Proceeds Balance (Annualized)
----- ----------------------------------------------------------------------
<S> <C> <C> <C> <C>
(A) Current 436,578.35 195,952.96 184,625,471.15 1.5640%
----------------------------------------------------------------------
(B) 1st Previous 579,403.77 128,054.75 192,635,830.01 2.8116%
----------------------------------------------------------------------
(C) 2nd Previous 498,444.18 116,611.91 200,936,543.61 2.2803%
----------------------------------------------------------------------
(D) Three-Month Rolling Average 504,808.77 146,873.21 192,732,614.92 2.2286%
----------------------------------------------------------------------
<CAPTION>
I. CHARGE-OFF/RECOVERIES
Number Balance
------------------------------------
<S> <C> <C>
(A) Collection Period Charge-Off Receivables 39 304,862.21
------------------------------------
(B) Gross Charge-Offs Cumulative Receivables 232 2,367,224.54
------------------------------------
(C) Collection Period Recoveries on Charge-Offs N/A 36,068.57
------------------------------------
(D) Recoveries on Charge-Offs To-Date N/A 134,979.43
------------------------------------
J. REPOSSESSIONS
(A) Collection Period Repossessions 26 311,395.37
------------------------------------
(B) Aggregate Repossessions 239 3,143,409.73
------------------------------------
(C) Unliquidated Repossessions 40 512,091.26
------------------------------------
K. FORCED PLACE INSURANCE
(A) FPI Charge-Offs 0 0.00
------------------------------------
(B) FPI Canceled/Waived/Removed/Reversed 0 0.00
------------------------------------
L. PAYAHEAD RECONCILIATION
(A) Beginning Balance 260,165.96
----------------
(B) Deposit 10,410.00
----------------
(C) Withdrawal 0.00
----------------
(D) Ending Balance 270,575.96
----------------
</TABLE>
Approved By: /s/ Michael LaOrange
------------------------------------------
Michael LaOrange
Vice President, Controller
Bay View Acceptance Corp
<PAGE>
Bay View Securitization Corporation
Bay View 2000 LJ-1 Auto Trust
For Remittance Date: July 31, 2000
<TABLE>
<CAPTION>
A. PRINCIPAL BALANCE RECONCILIATION
Number of
A-1 A-2 A-3 A-4 Total Accounts
-------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
(A) Original Principal Balance 64,000,000.00 132,000,000.00 80,000,000.00 80,559,839.00 356,559,839.00 20,329
-------------------------------------------------------------------------------------
(B) Beginning Period Principal Balance 14,451,443.32 132,000,000.00 80,000,000.00 80,559,839.00 307,011,282.32 18,770
-------------------------------------------------------------------------------------
(C) Collections (Regular Payments) 5,856,976.86 0.00 0.00 0.00 5,856,976.86 N/A
-------------------------------------------------------------------------------------
(D) Withdrawal from Payahead 39,717.63 0.00 0.00 0.00 39,717.63 N/A
-------------------------------------------------------------------------------------
(E) Collections (Principal Payoffs) 5,247,506.11 0.00 0.00 0.00 5,247,506.11 376
-------------------------------------------------------------------------------------
(F) Net Liquidation Proceeds 142,701.49 0.00 0.00 0.00 142,701.49 N/A
-------------------------------------------------------------------------------------
(G) Charge Off Amount 251,648.48 0.00 0.00 0.00 251,648.48 23
-------------------------------------------------------------------------------------
(H) Partial Charge-Offs 0.00 0.00 0.00 0.00 0.00 N/A
-------------------------------------------------------------------------------------
(I) Repurchases 0.00 0.00 0.00 0.00 0.00 0
-------------------------------------------------------------------------------------
(J) Ending Balance 2,912,892.75 132,000,000.00 80,000,000.00 80,559,839.00 295,472,731.75 18,371
-------------------------------------------------------------------------------------
(K) Certificate Factor 4.551395% 100.000000% 100.000000% 100.000000% 82.867642%
---------------------------------------------------------------------------
<CAPTION>
B. CASH FLOW RECONCILIATION
Totals
-----------------
<S> <C>
(A) Cash Wired 13,829,433.92
-----------------
(B) Interest Wired 87,762.51
-----------------
(C) Withdrawal from Payahead Account 39,717.63
-----------------
(D) Advances 1,683.68
-----------------
(E) Repurchases 0.00
-----------------
(F) Gross Charge-Off Recoveries 25,463.48
-----------------
(G) Gross Charge-Off Advances 1,008.69
-----------------
(H) Spread Account Withdrawal 0.00
-----------------
(I) "A" Surety Bond Draw for "A-1" Principal or Interest 0.00
-----------------
(J) "A" Surety Bond Draw for "A-2" Principal or Interest 0.00
-----------------
(K) "A" Surety Bond Draw for "A-3" Principal or Interest 0.00
-----------------
(L) "A" Surety Bond Draw for "A-4" Principal or Interest 0.00
-----------------
TOTAL COLLECTIONS 13,985,069.91
------------------
<CAPTION>
C. TRUSTEE DISTRIBUTION
Total
-----------------
<S> <C>
(A) Total Cash Flow 13,985,069.91
-----------------
(B) Unrecovered Interest Advances 1,008.69
-----------------
(C) Servicing Fee (Due and Unpaid) 191,882.05
-----------------
(D) Interest to "A-1" Certificate Holders, including Overdue 77,593.19
-----------------
(E) Interest to "A-2" Certificate Holders, including Overdue 829,400.00
-----------------
(F) Interest to "A-3" Certificate Holders, including Overdue 509,333.33
-----------------
(G) Interest to "A-4" Certificate Holders, including Overdue 512,897.64
-----------------
(H) Principal to "A-1" Certificate Holders, including Overdue 11,538,550.57
-----------------
(I) Principal to "A-2" Certificate Holders, including Overdue 0.00
-----------------
(J) Principal to "A-3" Certificate Holders, including Overdue 0.00
-----------------
(K) Principal to "A-4" Certificate Holders, including Overdue 0.00
-----------------
(L) Surety Bond Fee 52,874.17
-----------------
(M) Interest Advance Recovery Payments 0.00
-----------------
(N) Unreimbursed Draws on Class "A" Surety Bond for Class "A-1" Int or Prin 0.00
-----------------
(O) Unreimbursed Draws on Class "A" Surety Bond for Class "A-2" Int or Prin 0.00
-----------------
(P) Unreimbursed Draws on Class "A" Surety Bond for Class "A-3" Int or Prin 0.00
-----------------
(Q) Unreimbursed Draws on Class "A" Surety Bond for Class "A-4" Int or Prin 0.00
-----------------
(R) Deposit to Payahead 0.00
-----------------
(S) Bank Account Interest to Servicer 87,762.51
-----------------
(T) Excess Yield 183,767.76
-----------------
BALANCE 0.00
-----------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
D. SPREAD ACCOUNT AND SURETY RECONCILIATION
Spread Account Surety Bond
-------------------------------
<S> <C> <C>
(A) Beginning Balance 1,095,599.27 17,362,394.00
-------------------------------
(B) Additions to Spread Amount 183,767.76 N/A
-------------------------------
(C) Interest Earned 4,676.11 0.00
-------------------------------
(D) Draws 0.00 0.00
-------------------------------
(E) Reimbursement for Prior Draws N/A 0.00
-------------------------------
(F) Distribution of Funds to Servicer N/A 0.00
-------------------------------
(G) Prior Month Distribution of Funds to "IC" Certificate Holder 0.00 N/A
-------------------------------
(H) Ending Balance 1,284,043.14 17,362,394.00
-------------------------------
(I) Required Balance 4,456,997.99 17,362,394.00
-------------------------------
(J) Current Month Distribution of Funds to "IC" Certificate Holder 0.00
--------------
<CAPTION>
E. CURRENT RECEIVABLES DELINQUENCY
#Payment Delinquency Number Balance
-------------------- --------------------------------
<S> <C> <C>
(A) 30-59 54 739,502.26
--------------------------------
(B) 60-89 19 289,315.91
--------------------------------
(C) 90+ 7 122,860.37
--------------------------------
(D) Total 80 1,151,678.54
--------------------------------
<CAPTION>
F. EXCESS YIELD
Excess Yield Pool Excess Yield
Month Balance Balance (Annualized %)
----- ---------------------------------------------------------
<S> <C> <C> <C>
(A) Current 183,767.76 295,472,731.75 0.7463%
---------------------------------------------------------
(B) 1st Previous 314,261.46 307,011,282.32 1.2283%
---------------------------------------------------------
(C) 2nd Previous 142,619.01 318,457,842.49 0.5374%
---------------------------------------------------------
(D) 3rd Previous 125,019.15 330,621,482.46 0.4538%
---------------------------------------------------------
(E) Four-Month Rolling Excess Yield 191,416.84 312,890,834.76 0.7341%
---------------------------------------------------------
G. DELINQUENCY RATE (30+)
Month Pool
Month Balance Balance %
----- ---------------------------------------------------------
(A) Current 1,151,678.54 295,472,731.75 0.3898%
---------------------------------------------------------
(B) 1st Previous 1,444,918.97 307,011,282.32 0.4706%
---------------------------------------------------------
(C) 2nd Previous 1,401,130.09 318,457,842.49 0.4400%
---------------------------------------------------------
(D) 3rd Previous 944,072.28 330,621,482.46 0.2855%
---------------------------------------------------------
(E) Four-Month Rolling Average 1,235,449.97 312,890,834.76 0.3949%
---------------------------------------------------------
<CAPTION>
H. NET LOSS RATE
Charge-Off Liquidation Average Defaulted
Month Balance Proceeds Balance (Annualized)
----- -----------------------------------------------------------------------
<S> <C> <C> <C> <C>
(A) Current 394,349.97 168,164.97 301,242,007.04 0.9010%
-----------------------------------------------------------------------
(B) 1st Previous 217,575.45 49,132.10 312,734,562.41 0.6463%
-----------------------------------------------------------------------
(C) 2nd Previous 298,428.93 5,633.50 324,539,662.48 1.0826%
-----------------------------------------------------------------------
(D) Three-Month Rolling Average 303,451.45 74,310.19 312,838,743.97 0.8789%
-----------------------------------------------------------------------
<CAPTION>
I. CHARGE-OFF / RECOVERIES
Number Balance
----------------------------------------
<S> <C> <C>
(A) Collection Period Charge-Off Receivables 23 251,648.48
----------------------------------------
(B) Gross Charge-Offs Cumulative Receivables 69 846,624.18
----------------------------------------
(C) Collection Period Recoveries on Charge-Offs NA 25,463.48
----------------------------------------
(D) Recoveries on Charge-Offs To-Date NA 41,985.96
----------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
J. REPOSSESSIONS
----------------------------------------
<S> <C> <C>
(A) Collection Period Repossessions 12 199,507.20
----------------------------------------
(B) Aggregate Repossessions 66 1,125,115.59
----------------------------------------
(C) Unliquidated Repossessions 13 214,348.43
----------------------------------------
K. FORCED PLACE INSURANCE
----------------------------------------
(A) FPI Charge-Offs 0 0.00
----------------------------------------
(B) FPI Canceled/Waived/Removed/ Reversed 0 0.00
----------------------------------------
L. PAYAHEAD RECONCILIATION
-------------------
(A) Beginning Balance 251,009.21
-------------------
(B) Deposit 0.00
-------------------
(C) Withdrawal 39,717.63
-------------------
(D) Ending Balance 211,291.58
-------------------
</TABLE>
Approved By: /s/ Michael LaOrange
------------------------------
Michael LaOrange
Vice President, Controller
Bay View Acceptance Corp
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