GREENPOINT MORTGAGE SECURITIES INC/
305B2, EX-5, 2000-12-14
ASSET-BACKED SECURITIES
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                                    EXHIBIT 5


                               CONSENT OF TRUSTEE

         Pursuant to the requirements of Section 321(b) of the Trust Indenture
Act of 1939 in connection with the proposed issue by Green Point Home Equity
Loan Trust 2000-3, Variable Rate Asset-Backed Notes, we hereby consent that
reports of examination by Federal, State, Territorial or District authorities
may be furnished by such authorities to the Securities and Exchange Commission
upon request therefor.


Dated:  December 13, 2000                           Bankers Trust Company
                                                    By:  /s/ Hermi Alignay
                                                    Assistant Secretary



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