BOMBARDIER CAPITAL MORTGAGE SECURITIZATION CORP
8-K, 1998-03-27
ASSET-BACKED SECURITIES
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I. INPUTS																								    

 ORIGINAL DEAL PARAMETERS																								 
																																																		
(A)	Initial Pool Principal Balance							"$194,306,447.89 "																    
(B)	Initial Certificates Principal Balance							"$194,306,447.00 "									
(C)	Class A-1 Certificates																										  
	(i)	Initial Certificate Percentage						21.58%																 										
	(ii)	Initial Certificate Principal Balance						"$41,940,000.00 "													
	(iii)	Pass-Through Rate						6.19%																   
(D)	Class A-2 Certificates																							    
	(i)	Initial Certificate Percentage						14.80%																    |											
	(ii)	Initial Certificate Principal Balance						"$28,750,000.00 "											
	(iii)	Pass-Through Rate						6.13%																   												  
(E)	Class A-3 Certificates																											
	(i)	Initial Certificate Percentage						13.46%																   
	(ii)	Initial Certificate Principal Balance						"$26,150,000.00 "												
	(iii)	Pass-Through Rate						6.23%																    
(F)	Class A-4 Certificates																																																	
	(i)	Initial Certificate Percentage						13.24%																															
	(ii)	Initial Certificate Principal Balance						"$25,720,000.00 "					
	(iii)	Pass-Through Rate						6.65%																																									
(G)	Class A-5 Certificates																																																	
	(i)	Initial Certificate Percentage						13.92%																							
	(ii)	Initial Certificate Principal Balance						"$27,055,000.00 "									
	(iii)	Pass-Through Rate						6.85%																																										
(H)	Class M Certificates																																																	
	(i)	Initial Certificate Percentage						8.50%																											
	(ii)	Initial Certificate Principal Balance						"$16,517,000.00 "							
	(iii)	Pass-Through Rate						6.90%																																										
(I)	Class B-1 Certificates																							   
	(i)	Initial Certificate Percentage						10.00%																    
	(ii)	Initial Certificate Principal Balance						"$19,430,000.00 "												
	(iii)	Pass-Through Rate						7.43%																    
(J)	Class B-2 Certificates																																																	
	(i)	Initial Certificate Percentage						4.50%																											
	(ii)	Initial Certificate Principal Balance						"$8,744,447.00 "						
	(iii)	Pass-Through Rate						8.70%																																										
(K)	Servicing Fee Rate							1.00%																    
(L)	Weighted Average Coupon (WAC)							10.44%																
(M)	Weighted Average Original Maturity (WAOM)							310.00 		months												
(N)	Weighted Average Remaining Maturity (WAM)							308.00 		months					
(O)	Number of Receivables							"5,909 "																  
(P)	Credit Enhancement																				
	(i)	Reserve Fund Initial Deposit Percentage						2.00%														
	(ii)	Target Overcollateralization Percentage Prior to Crossover Date						2.00%
	(iii)	Target Overcollateralization Percentage After Crossover Date						3.50%
	(iv)	Target Overcollateralization Floor						1.00%																									
	(v)	Reserve Fund Target %						2.25%																																										
	(vi)	Target Credit Enhancement % Prior to Crossover Date						4.25%									
	(vii)	Target Credit Enhancement % After Crossover Date						7.44%									
	(viii)	Target Credit Enhancement Floor						1.00%																							
	(ix)	Target Credit Enhancement Amount						"$8,258,024.04 "														
(Q)	Crossover Date Test																																																	
	(i)	Earliest Crossover Date						Feb-2003																																				
	(ii)	Percentage (as Percent of Initial Class Subordination Percentage)		175%
(R)	Class B-2 Floor Percentage (of Initial Pool Balance)							2.96%						
																																																		
B. INPUTS FROM PREVIOUS MONTHLY SERVICER REPORTS																								
(A)	Pool Principal Balance							"$194,096,093.62 "													
(B)	Total Certificate Principal Balance						148801647.71	"$193,493,094.71 "		
(C)	Class A-1 Certificates																							   
	(i)	Principal Balance						"$41,126,647.71 "		 														   
	(ii)	Pool Factor						0.9806068 																    
	(iii)	Unpaid Certificate Principal Shortfall						$0.00 																	
	(iv)	Unpaid Interest Shortfall						$0.00 																											
(D)	Class A-2 Certificates																							  
	(i)	Principal Balance						"$28,750,000.00 "		 														    
	(ii)	Pool Factor						1.0000000 																   
	(iii)	Unpaid Certificate Principal Shortfall						$0.00 														
	(iv)	Unpaid Interest Shortfall						$0.00 																													
(E)	Class A-3 Certificates																							
	(i)	Principal Balance						"$26,150,000.00 "		 														
	(ii)	Pool Factor						1.0000000 																    
	(iii)	Unpaid Certificate Principal Shortfall						$0.00 																		
	(iv)	Unpaid Interest Shortfall						$0.00 																																				
(F)	Class A-4 Certificates																																																	
	(i)	Principal Balance						"$25,720,000.00 "		 																										
	(ii)	Pool Factor						1.0000000 																																										
	(iii)	Unpaid Certificate Principal Shortfall						$0.00 																				
	(iv)	Unpaid Interest Shortfall						$0.00 																																			
(G)	Class A-5 Certificates																																																	
	(i)	Principal Balance						"$27,055,000.00 "		 																								
	(ii)	Pool Factor						1.0000000 																																										
	(iii)	Unpaid Certificate Principal Shortfall						$0.00 																		
	(iv)	Unpaid Interest Shortfall						$0.00 																																		
(H)	Class M Certificates																																																	
	(i)	Principal Balance						"$16,517,000.00 "																																	
	(ii)	Pool Factor						1.0000000 																																									
	(iii)	Adjusted Certificate Principal Balance						"$16,517,000.00 "									
	(iv)	Liquidation Loss Amount						$0.00 																																					
	(v)	Unpaid Certificate Principal Shortfall						$0.00 																					
	(vi)	Unpaid Interest Shortfall						$0.00 																																			
	(vii)	Unpaid Liquidation Loss Interest Shortfall						$0.00 															
(I)	Class B-1 Certificates																							    
	(i)	Principal Balance						"$19,430,000.00 "																    
	(ii)	Pool Factor						1.0000000 																 
	(iii)	Adjusted Certificate Principal Balance						"$19,430,000.00 "							
	(iv)	Liquidation Loss Amount						$0.00 																																						
	(v)	Unpaid Certificate Principal Shortfall						$0.00 																								
	(vi)	Unpaid Interest Shortfall						$0.00 																																	
	(vii)	Unpaid Liquidation Loss Interest Shortfall						$0.00 													
(J)	Class B-2 Certificates																																																	
	(i)	Principal Balance						"$8,744,447.00 "																												
	(ii)	Pool Factor						1.0000000 																																										
	(iii)	Adjusted Certificate Principal Balance						"$8,744,447.00 "								
	(iv)	Liquidation Loss Amount						$0.00 																																	
	(v)	Unpaid Certificate Principal Shortfall						$0.00 																	
	(vi)	Unpaid Interest Shortfall						$0.00 																																			
	(vii)	Unpaid Liquidation Loss Interest Shortfall						$0.00 											
(K)	Reserve Fund Balance							"$3,886,128.96 "																  
(L)	Current Overcollateralization Amount							"$602,998.02 "										
(M)	Cumulative Realized Losses 							$0.00 																   
(N)	Current Realized Loss Ratio for Preceding Period							0.00%										
(O)	Sixty Day Delinquency Ratio for Preceding Period							0.07%										
(P)	Sixty Day Delinquency Ratio for Second Preceding Period							0.00%
(Q)	Thirty Day Delinquency Ratio for Preceding Period							2.95%														
(R)	Thirty Day Delinquency Ratio for Second Preceding Period							0.00%				
(S)	Prior Month Weighted Average Coupon (WAC)							10.44%																   
(T)	Prior Month Weighted Average Remaining Maturity (WAM)							307.47 		months
(U)	Prior Month Number of Receivables							"5,907 "																    
(V)	Early Principal Collections							4304.82																 
(W)	Early Interest Collections							35230.40																														
C. INPUTS FROM THE MAINFRAME																								    
 																								    |													   													    
(A)	Principal							 																  																								    
	(i)	Scheduled Principal Collections						"$151,278.47 "																
	(ii)	Full and Partial Principal Prepayments						"$134,002.00 "														
	(iii)	Early Principal Collections						"$5,080.70 "																					
	(iv)	Repurchased Loan Proceeds Attributable to Principal						$0.00 										
	(v)	Other Principal Amounts						$0.00 																																						
(B)	Interest																			
	(i)	Scheduled Interest Collections						"$1,544,760.04 "																  
	(ii)	Early Interest Collections						"$46,215.43 "																					
	(iii)	Repurchased Loan Proceeds Attributable to Interest						$0.00 							
(C)	Ending Pool Balance							"$193,806,923.68 "																									
(D)	Weighted Average Coupon (WAC)							10.44%																							
(E)	Weighted Average Remaining Maturity (WAM)							306.39 		months									
(F)	Number of Receivables Outstanding 							"5,904 "																  
(G)	Delinquent Receivables at End of Due Period :			
               	                           
                                            Percent of          Percent of
                        Principal Balance		Pool Balance	Units		Total Units	 		
	(i)	30-59 Days Delinquent	   		5,731,436      		2.96%  	164 		2.78% 									
	(ii)	60-89 Days Delinquent			  1,809,193 	      0.93%   	53 		0.90%										
	(iii)	90 Days or More Delinquent		66,829      		0.03%    	1 		0.02%								
	(iv)	Homes Repossed or Foreclosed Upo	157,564  	0.08%	    6 		0.10%											
																																																	
																								    |													    |													 
D. INPUTS DERIVED FROM OTHER SOURCES																								    
 																								    |													    |													  
(A)	Reserve Fund Investment Income 							"$15,558.99 "		 														 
(E)	Certificate Account Investment Income 							"$6,500.12 "																	
(F)	Liquidated Contracts																							    |										
	(i)	Liquidation Proceeds Attributable to Principal						$0.00 												
	(ii)	Liquidation Proceeds Attributable to Interest						$0.00 												
	(iii)	Net Liquidation Losses (Realized Losses)						$0.00 										
	(iv)	Recoveries on Previously Liquidated Contracts						$0.00 												
(G)	Repurchased Contracts																																																
	(i)	Number of Contracts						0																																									
	(ii)	Repurchase Price of Contracts						$0.00 																								
(H)	Early Principal Payments Applied to Current Period							"$3,889.47 "					
(I)	Early Interest Payments Applied to Current Period							"$32,607.53 "					
(J)	Early Principal Payments Applied to Future Period							"$5,496.05 "						
(K)	Early Interest Payments Applied to Future Period							"$48,838.30 "		
(L)	Servicer Advances:  Principal							"$53,030.92 "																				
(M)	Servicer Advances:   Interest							"$941,229.36 "																			
(N)	Reimbursement of Prior Advances							"$867,189.34 "																
(O)	Reimbursement of Liquidation Expenses on Previously Liquidated Contracts
							$0.00 																				
(P)	Reimbursements to Depositor 							$0.00 																																	
(Q)	"Late Payment Fees, Extension Fees and Other Permitted Fees "							$0.00 
(R)	Aggregate Repossession Profits 							$0.00 																									
(S)	Other Permitted Withdrawals from Certificate Account 							$0.00 						
(T)	Current Realized Loss Ratio							0.00%																																			
(U)	Current Distribution Date							3/16/98																																			
																																																		
																																																		
II. CLASS B PRINCIPAL DISTRIBUTION TESTS																																						
                                       					Test Ratio  	Actual Ratio		Result


(A)	Average Sixty-Day Delinquency Ratio (over three periods)					
                                                	5.00%          	0.35%		Pass			
(B)	Average Thirty-Day Delinquency Ratio (over three periods)			
                                              			7.00%	          2.29%		Pass			
(C)	Cumulative Realized Loss Ratio				 $-      		7.00%          	0.00%		Pass		
(D)	Current Realized Loss Ratio					            	2.75%          	0.00%		Pass			
																																																		
																																																		
III. COLLECTION CALCULATIONS																																																		
Interest:																																																		
(A)	Interest Collections							"$1,577,367.57 "																														
(B)	Servicer Advances							"$941,229.36 "																																				
(C)	Liquidation Proceeds Attributable to Interest							$0.00 											
(D)	Repurchased Loan Proceeds Attributable to Interest							$0.00 					
(E)	Recoveries on Previously Liquidated Contracts							$0.00 									
(F)	Investment Income from Trust Accounts							"$22,059.11 "										
(G)	Total Interest Collections (A+B+C+D+E+F)							"$2,540,656.04 "	

Principal:										
(H)	Principal Payments Received (scheduled and unscheduled)							"$289,169.94
(I)	Servicer Advances							"$53,030.92 "		
(J)	Liquidation Proceeds Related to Principal							$0.00 		
(K)	Repurchased Loan Proceeds Related to Principal							$0.00 		
(L)	Other Principal Amounts							$0.00 		
(M)	Total Principal Collections (H+I+J+K)							"$342,200.86 "		

										
IV. DISTRIBUTION CALCULATIONS										 
 							 			 
(A)	Total Cash Collections							"$2,882,856.90 "		 
(B)	Monthly Servicing Fee 							"$161,746.74 "		
(C)	Aggregate Repossession Profits 							$0.00 		
(D)	Reimbursements to Servicer							"$867,189.34 "			
(E)	Reimbursements to Depositor							$0.00 			
(F)	"Late Payment Fees, Extension Fees and Other Permitted Fees"							$0.00 	
(G)	Other Permitted Withdrawals from Certificate Account 							$0.00 			
(H)	Reserve Fund Draw							$0.00 			
(I)	Available Distribution Amount (A-B-C-D-E-F-G+H)				$1,853,920.82 
											
(J)	Total Principal Collections and Advances							$342,200.86 
(K)	Net Liquidation Losses (Realized Losses)							$0.00 		
(L)	Overcollaterallization Addition Amount							"$441,303.63 
(M)	Overcollaterallization Reduction Amount							$0.00	
(N)	Formula Principal Distribution Amount						 $783,504.49 
											
(M)	Interest Accrual Period							30		days	
(N)	Total Class A Certificates Monthly Interest Due							"$791,742.25 "			
(O)	Total Class A Certificates Monthly Interest Paid					$791,742.25 
(P)	Total Monthly Interest Due							"$1,070,416.32 
(Q)	Total Monthly Interest Paid							"$1,070,416.32	
(R)	Excess Interest or (Interest Shortfall)							"$1,470,239.72 "		
										
(S)	Class A/M Percentage							85.43904%		
(T)	Class B Percentage							14.56096%		
(U)	Has the Cross-Over Date Occurred?							No		
(V)	Have the Principal Distribution Tests Been Satisfied?							Yes		
(W)	Has a Dificiency Event Occurred?							No		
(X)	Should Principal Be Distributed to the Subordinated Certificates?							No		
(Y)	Class B-2 Floor Amount (prior to giving effect to distributions
    of principal)							"$5,751,470.86 "		
(Z)	Class A/M Certificates Formula Principal Distribution Amount $783,504.49 
(AA)	Class A Certificates Formula Principal Distribution Amount			$783,504.49	
(BB)	Class M Certificates Formula Principal Distribution Amount							$0.00 		
										
(CC)	Total Class A Unpaid Certificate Principal Shortfall Due							$0.00 		
(DD)	Total Class A Unpaid Certificate Principal Shortfall Paid			  	$0.00 		
(EE)	Total Unpaid Certificate Principal Shortfall Due							$0.00 		
(FF)	Total Unpaid Certificate Principal Shortfall Paid							$0.00 		
(GG)	Total Class A Certificates Monthly Principal Due							"$783,504.49 "		
(HH)	Total Class A Certificates Monthly Principal Paid							"$783,504.49 "		
(II)	Total Monthly Principal Due							"$783,504.49 "		
(JJ)	Total Monthly Principal Paid							"$783,504.49 "		
										
										
V. DISTRIBUTIONS										
 										
(A)	Class A-1 Certifcates Monthly Interest & Interest Shortfall									
	(i)	Interest Due						"$212,144.96 "		
	(ii)	Interest Paid 						"$212,144.96 "		
	(iii)	Interest Shortfall						$0.00 		
(B)	Class A-2 Certifcates Monthly Interest & Interest Shortfall									
	(i)	Interest Due						"$146,864.58 "		
	(ii)	Interest Paid 						"$146,864.58 "		
	(iii)	Interest Shortfall						$0.00 		
(C)	Class A-3 Certifcates Monthly Interest & Interest Shortfall									
	(i)	Interest Due						"$135,762.08 "		
	(ii)	Interest Paid 						"$135,762.08 "		
	(iii)	Interest Shortfall						$0.00 		
(D)	Class A-4 Certifcates Monthly Interest & Interest Shortfall									
	(i)	Interest Due						"$142,531.67 "		
	(ii)	Interest Paid 						"$142,531.67 "		
	(iii)	Interest Shortfall						$0.00 		
(E)	Class A-5 Certifcates Monthly Interest & Interest Shortfall									
	(i)	Interest Due						"$154,438.96 "		
	(ii)	Interest Paid 						"154,438.96 "		
	(iii)	Interest Shortfall						$0.00 		
(F)	Class M Certifcates Monthly Interest & Interest Shortfall									
	(i)	Interest Due						"$94,972.75 "		
	(ii)	"Interest Paid (after reserve account draw, if any)"			$	94,972.75	
	(iii)	Interest Shortfall						$0.00 		
(G)	Class B-1 Certifcates Monthly Interest & Interest Shortfall									
	(i)	Interest Due						"$120,304.08 "		
	(ii)	"Interest Paid (after reserve account draw, if any)"				$ 120,304.08
	(iii)	Interest Shortfall						$0.00 		
(H)	Class B-2 Certifcates Monthly Interest & Interest Shortfall									
	(i)	Interest Due						"$63,397.24 "		
	(ii)	"Interest Paid (after reserve account draw, if any)"		$	63,397.24
	(iii)	Interest Shortfall						$0.00 		
(I)	Class A-1 Unpaid Certficate Principal Shortfall									
	(i)	Shortfall Due						$0.00 		
	(ii)	Shortfall Paid						$0.00 		
	(iii)	Shortfall Outstanding						$0.00 		
(J)	Class A-2 Unpaid Certficate Principal Shortfall									
	(i)	Shortfall Due						$0.00 		
	(ii)	Shortfall Paid						$0.00 		
	(iii)	Shortfall Outstanding						$0.00 		
(K)	Class A-3 Unpaid Certficate Principal Shortfall									
	(i)	Shortfall Due						$0.00 		
	(ii)	Shortfall Paid						$0.00 		
	(iii)	Shortfall Outstanding						$0.00 		
(L)	Class A-4 Unpaid Certficate Principal Shortfall									
	(i)	Shortfall Due						$0.00 		
	(ii)	Shortfall Paid						$0.00 		
	(iii)	Shortfall Outstanding						$0.00 		
(M)	Class A-5 Unpaid Certficate Principal Shortfall									
	(i)	Shortfall Due						$0.00 		
	(ii)	Shortfall Paid						$0.00 		
	(iii)	Shortfall Outstanding						$0.00 		
(N)	Class A-1 Certificates Monthly Principal									
	(i)	Formula Principal Distribution Amount						"$783,504.49 "		
	(iii)	Certificate Principal Paid				7	"$3,886,128.96 "	"$783,504.49 "		
	(iv)	Certificate Principal Shortfall						$0.00 		
(O)	Class A-2 Certificates Monthly Principal									
	(i)	Formula Principal Distribution Amount						$0.00 		
	(iii)	Certificate Principal Paid				8	"$3,886,128.96 "	$0.00 		
	(iv)	Certificate Principal Shortfall						$0.00 		
(P)	Class A-3 Certificates Monthly Principal									
	(i)	Formula Principal Distribution Amount						$0.00 		
	(iii)	Certificate Principal Paid				9	"$3,886,128.96 "	$0.00 		
	(iv)	Certificate Principal Shortfall						$0.00 		
(Q)	Class A-4 Certificates Monthly Principal									
	(i)	Formula Principal Distribution Amount						$0.00 		
	(iii)	Certificate Principal Paid				10	"$3,886,128.96 "	$0.00 		
	(iv)	Certificate Principal Shortfall						$0.00 		
(R)	Class A-5 Certificates Monthly Principal									
	(i)	Formula Principal Distribution Amount						$0.00 		
	(iii)	Certificate Principal Paid				11	"$3,886,128.96 "	$0.00 		
	(iv)	Certificate Principal Shortfall						$0.00 		
(S)	Class M Unpaid Certficate Principal Shortfall									
	(i)	Shortfall Due						$0.00 		
	(ii)	Shortfall Paid				12	"$3,886,128.96 "	$0.00 		
	(iii)	Shortfall Outstanding						$0.00 		
(T)	Class M Certificates Monthly Principal									
	(i)	Formula Principal Distribution Amount						$0.00 		
	(ii)	Certificate Principal Paid				13	"$3,886,128.96 "	$0.00 		
	(iii)	Certificate Principal Shortfall						$0.00 		
(U)	Class M Liquidation Loss Interest Amount & Unpaid Liquidation
    Loss Interest Shortfall									
	(i)	Interest Due						$0.00 		
	(ii)	"Interest Paid (after reserve account draw, if any)"					0.00 		
	(iii)	Interest Shortfall						$0.00 		
(V)	Class B-1 Unpaid Certficate Principal Shortfall									
	(i)	Shortfall Due						$0.00 		
	(ii)	Shortfall Paid				15	"$3,886,128.96 "	$0.00 		
	(iii)	Shortfall Outstanding						$0.00 		
(W)	Class B-1 Certificates Monthly Principal									
	(i)	Formula Principal Distribution Amount						$0.00 		
	(ii)	Certificate Principal Paid			     $0.00 		
	(iii)	Certificate Principal Shortfall						$0.00 		
(X)	Class B-1 Liquidation Loss Interest Amount & Unpaid Liquidation
    Loss Interest Shortfall									
	(i)	Interest Due						$0.00 		
	(ii)	"Interest Paid (after reserve account draw, if any)"					0.00 		
	(iii)	Interest Shortfall						$0.00 		
(Y)	Class B-2 Unpaid Certficate Principal Shortfall									
	(i)	Shortfall Due						$0.00 		
	(ii)	Shortfall Paid				         	$0.00 		
	(iii)	Shortfall Outstanding						$0.00 		
(Z)	Class B-2 Certificates Monthly Principal									
	(i)	Formula Principal Distribution Amount						$0.00 		
	(ii)	Certificate Principal Paid		      	$0.00 		
	(iii)	Certificate Principal Shortfall						$0.00 		
(AA)	Class B-2 Liquidation Loss Interest Amount & Unpaid Liquidation 
     Loss Interest Shortfall									
	(i)	Interest Due						$0.00 		
	(ii)	"Interest Paid (after reserve account draw, if any)"				$	0.00 		
	(iii)	Interest Shortfall						$0.00 		
(BB)	Accelerated Principal Distribution - A1							"$441,303.63 "		
(CC))	Accelerated Principal Distribution - A2							$0.00 		
(DD)	Accelerated Principal Distribution - A3							$0.00 		
(EE)	Accelerated Principal Distribution - A4							$0.00 		
(FF)	Accelerated Principal Distribution - A5							$0.00 		
(GG)	Reserve Fund Deposit Amount							$0.00 		
(HH)	Release to Class X Certificates							$0.00 		
										
										
VI. RECONCILIATION OF RESERVE FUND										
(A)	Beginning Cash Reserve Fund Balance							"$3,886,128.96 "		
(B)	Reserve Fund Draw for Distributions							$0.00 		
(C)	Excess Interest Deposit to Reserve Fund							$0.00 		
(D)	Reserve Fund Balance Prior to Release							"$3,886,128.96 "		
(E)	Specified Reserve Fund Balance							"$3,886,128.96 "		
(F)	Reserve Fund Release							$0.00 		
										
											
 											
X. MONTHLY REPORT 								           Denomination             		Per $1,00	
										
(A)	Total Distribution Amount										
	(i)	Class A-1 Certificates						     $995,649.45                  	$23.74 	
	(ii)	Class A-2 Certificates						    $146,864.58                  		$5.11 	
	(iii)	Class A-3 Certificates						   $135,762.08                  		$5.19 	
	(iv)	Class A-4 Certificates						    $142,531.67  	                	$5.54 	
	(v)	Class A-5 Certificates						     $154,438.96                  		$5.71 	
	(vi)	Class M Certificates					        $94,972.75                  		$5.75 	
	(vii)	Class B-1 Certificates						   $120,304.08                  		$6.19 	
	(viii)	Class B-2 Certificates						   $63,397.24                   	$7.25 	
	(ix)	Class X Certificates						            $0.00 			
											
(B)	Formula Principal Distribution Amount Paid										
	(i)	Class A-1 Certificates						     $783,504.49                  	$18.68 	
	(ii)	Class A-2 Certificates					          	$0.00                  		$0.00 	
	(iii)	Class A-3 Certificates				         		$0.00                  		$0.00 	
	(iv)	Class A-4 Certificates					          	$0.00                  		$0.00 	
	(v)	Class A-5 Certificates			           			$0.00                  		$0.00 	
	(vi)	Class M Certificates					            	$0.00                    $0.00 	
	(vii)	Class B-1 Certificates						         $0.00 	                 	$0.00 	
	(viii)	Class B-2 Certificates					        	$0.00                  		$0.00 	
											
(C)	Unpaid Certificate Principal Shortfall Paid										
	(i)	Class A-1 Certificates					           	$0.00                  		$0.00 	
	(ii)	Class A-2 Certificates					          	$0.00 	                 	$0.00 	
	(iii)	Class A-3 Certificates						         $0.00                  		$0.00 	
	(iv)	Class A-4 Certificates					          	$0.00 	                 	$0.00 	
	(v)	Class A-5 Certificates				           		$0.00                  		$0.00  	
	(vi)	Class M Certificates				            		$0.00 	                 	$0.00 	
	(vii)	Class B-1 Certificates					         	$0.00                  		$0.00 	
	(viii)	Class B-2 Certificates			         		$0.00 	                 	$0.00 	
											
(D)	Unpaid Certificate Principal Shortfall Remaining (after giving effect
     to distributions)										
	(i)	Class A-1 Certificates					           	$0.00 	                 	$0.00 	
	(ii)	Class A-2 Certificates					          	$0.00                  		$0.00 	
	(iii)	Class A-3 Certificates					         	$0.00                  		$0.00 	
	(iv)	Class A-4 Certificates			          			$0.00                  		$0.00 	
	(v)	Class A-5 Certificates					           	$0.00                  		$0.00 	
	(vi)	Class M Certificates					            	$0.00                  		$0.00 	
	(vii)	Class B-1 Certificates						         $0.00 		                 $0.00 	
	(viii)	Class B-2 Certificates				        		$0.00                  		$0.00 	
											
(E)	Liquidation Write-Downs (after giving effect to distributions)										
	(i)	Class M Certificates					             	$0.00                  		$0.00 	
	(ii)	Class B-1 Certificates				          		$0.00 		                 $0.00 	
	(iii)	Class B-2 Certificates					         	$0.00 	                 	$0.00 	
											
(F)	Monthly Interest & Interest Shortfall Paid										
	(i)	Class A-1 Certificates					      $212,144.96                   	$5.06 	
	(ii)	Class A-2 Certificates						    $146,864.58                  		$5.11 	
	(iii)	Class A-3 Certificates						   $135,762.08                	  	$5.19 	
	(iv)	Class A-4 Certificates						    $142,531.67                  		$5.54 	
	(v)	Class A-5 Certificates						     $154,438.96                  		$5.71 	
	(vi)	Class M Certificates						       $94,972.75                  		$5.75 	
	(vii)	Class B-1 Certificates						   $120,304.08                  		$6.19 	
	(viii)	Class B-2 Certificates						   $63,397.24                  		$7.25 	
											
									                                                     	"Per $1,000"	
										Denomination	
(G)	Liquidation Loss Interest & Interest Shortfall Paid										
	(i)	Class M Certificates					                          	$0.00 	    	$0.00 	
	(ii)	Class B-1 Certificates						                       $0.00     		$0.00 	
	(iii)	Class B-2 Certificates						                      $0.00 	    	$0.00 	
											
(H)	Liquidation Loss Interest Shortfall Remaining (after giving effect
    to distributions)										
	(i)	Class M Certificates					                          	$0.00     		$0.00 	
	(ii)	Class B-1 Certificates		                       				$0.00 	    	$0.00 	
	(iii)	Class B-2 Certificates						                      $0.00 	      0.00 	
											
(I)	Certificate Principal Balances (after giving effect to distributions)						
	(i)	Class A-1 Certificates						               $40,343,143.22   		$961.93 	
	(ii)	Class A-2 Certificates						              $28,750,000.00   $1,000.00 	
	(iii)	Class A-3 Certificates					              $26,150,000.00   $1,000.00
	(iv)	Class A-4 Certificates						              $25,720,000.00   $1,000.00 
	(v)	Class A-5 Certificates						               $27,055,000.00   $1,000.00
	(vi)	Class M Certificates					                 $16,517,000.00   $1,000.00	
	(vii)	Class B-1 Certificates						             $19,430,000.00   $1,000.00
	(viii)	Class B-2 Certificates				               $8,744,447.00   $1,000.00
											
(J)	Adjusted Certificate Principal Balances (after giving effect
     to distributions)										
	(i)	Class M Certificates					                  $16,517,000.00   $1,000.00
	(ii)	Class B-1 Certificates						              $19,430,000.00   $1,000.0	
	(iii)	Class B-2 Certificates						              $8,744,447.00   $1,000.0	
											
(K)	Pass-Through Rates										
	(i)	Class A-1 Certificates						6.19%			
	(ii)	Class A-2 Certificates						6.13%			
	(iii)	Class A-3 Certificates						6.23%			
	(iv)	Class A-4 Certificates						6.65%			
	(v)	Class A-5 Certificates						6.85%			
	(vi)	Class M Certificates						6.90%			
	(vii)	Class B-1 Certificates						7.43%			
	(viii)	Class B-2 Certificates						8.70%			
											
				                                 	Beginning of Period			    End of Period			
(L)	Certificate Balances and Factors							 			
	(i)	Aggregate Balance of Certificates			  $193,493,094.71    $192,709,590.22
	(ii)	Total Certificate Pool Factor	           		0.9958141       			0.9917818 	
	(iii)	Class A-1 Certificates Balance		     $41,126,647.71  			$40,343,143.22			
	(iv)	Class A-1 Certificates Pool Factor			      0.9806068 		      	0.9619252 	
	(v)	Class A-2 Certificates Balance			      $28,750,000.00     	$28,750,000.00		
	(vi)	Class A-2 Certificates Pool Factor	      		1.0000000      			1.0000000 			
	(vii)	Class A-3 Certificates Balance			    $26,150,000.00    $26,150,000.00
	(viii)	Class A-3 Certificates Pool Factor		    	1.0000000      			1.0000000 			
	(ix)	Class A-4 Certificates Balance			     $25,720,000.00    $25,720,000.00 
	(x)	Class A-4 Certificates Pool Factor			       1.0000000 		     	1.0000000 			
	(xi)	Class A-5 Certificates Balance		      $27,055,000.00			 $27,055,000.00 
	(xii)	Class A-5 Certificates Pool Factor		     	1.0000000 		     	1.0000000 			
	(xiii)	Class M Certificates Balance			     $16,517,000.00    $16,517,000.00
	(xiv)	Class M Certificates Pool Factor	       		1.0000000 		     	1.0000000 		
	(xv)	Class B-1 Certificates Balance			     $19,430,000.00    $19,430,000.00
	(xvi)	Class B-1 Certificates Pool Factor			     1.0000000      			1.0000000 		
	(xvii)	Class B-2 Certificates Balance		     $8,744,447.00  			$8,744,447.00 
	(xviii)	Class B-2 Certificates Pool Factor			   1.0000000 		     	1.0000000 		
										
(M)	Portfolio Information									
	(i)	Pool Principal Balance			       $194,096,093.62          $193,806,923.68
	(ii)	Pool Factor			                       0.9989174	            		0.99742919		
	(iii)	Weighted Average Coupon (WAC)			       10.44%			                10.44%		
	(iv)	Weighted Average Remaining Maturity (WAM) 
                              			           307.47 		months	    306.39 		months
	(v)	Remaining Number of Receivables			        5,907  			               5,904 	
										
(N)	Credit Enhancement									
	(i)	O/C Beginning Balance						"$602,998.02 "		
	(ii)	O/C Additions						"$441,303.63 "		
	(iii)	O/C Reductions								
	(iv)	O/C Ending Balance						"$1,044,301.65 "		
										
(O)	Reserve Fund									
	(i)	 Beginning Balance						"$3,886,128.96 "		
	(ii)	 Additions								
	(iii)	 Reductions								
	(iv)	 Ending Balance						"$3,886,128.96 "		
										
										
										
(R)	Fee Payments									
	(i)	Monthly Servicing Fee 						"$161,746.74 "		
	(ii)	Reimbursements to Depositor (PSA 8.06)						$0.00 		
	(iii)	"Late Payment Fees, Extension Fees and other Permitted Fees (PSA 5.13)
   "						$0.00 		
										
(S)	Repurchased Contracts									
	(i)	Number of Contracts						0		
	(ii)	Repurchase Price of Contracts						$0.00 		
										
(T)	Delinquent Contracts				
                                              Percent of   Number    Percent of
                           Principal Balance		Pool Balance	of Units		Total Units

	(i)	30-59 Days Delinquent			   $5,731,436.00      	2.96%   164       	2.78%
	(ii)	60-89 Days Delinquent			  $1,809,193.00     		0.93%	   53      		0.90%
	(iii)	90 Days or More Delinquent		$66,829.00      	0.03%	    1      		0.02%
	(iv)	Homes Repossessed or Foreclosed Upon		
                                  $157,564.00     		0.08%    	6      		0.10%
										
										
										
										
										

										
										
										



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