GREENPOINT CREDIT LLC
8-K, EX-99, 2000-06-27
ASSET-BACKED SECURITIES
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GreenPoint Manufactured Housing Contract Trust
Pass Through Certificates
Series 2000-1
Investor Number 52000031

Determination Date:                      15-Jun-00
Remittance Date:                         20-Jun-00
Month End Date:                          31-May-00

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<TABLE>
<CAPTION>
<S>           <C>         <C>                                                             <C>            <C>
 (a)      Class A-1 Distribution Amount                                                                1,526,412.78
 (b)      Class A-1 Distribution Principal                                                             1,194,198.72
                      Scheduled Payments of Principal                                    261,362.90
                      Partial Prepayments                                                182,068.28
                      Scheduled Principal Balance Principal Prepayment in Full           713,268.59
                      Scheduled Principal Balance Liquidated Contracts                    37,498.95
                      Scheduled Principal Balance Repurchases                                  0.00

 (c)      Class A-1 Interest Distribution                                                                332,214.06
          Class A-1 Interest Shortfall                                                                         0.00

 (d)      Class A-1 Remaining Certificate Balance                                                     60,004,638.42


 (e)      Class A-2 Distribution Amount                                                                  471,073.33

 (f)      Class A-2 Distribution Principal                                                                     0.00
                      Scheduled Payments of Principal                                          0.00
                      Partial Prepayments                                                      0.00
                      Scheduled Principal Balance Principal Prepayment in Full                 0.00
                      Scheduled Principal Balance Liquidated Contracts                         0.00
                      Scheduled Principal Balance Repurchases                                  0.00

 (g)      Class A-2 Interest Distribution                                                                471,073.33
          Class A-2 Interest Shortfall                                                                         0.00

 (h)      Class A-2 Remaining Certificate Balance                                                     74,380,000.00


 (i)      Class A-3 Distribution Amount                                                                   99,125.00

 (j)      Class A-3 Distribution Principal                                                                     0.00
                      Scheduled Payments of Principal                                          0.00
                      Partial Prepayments                                                      0.00
                      Scheduled Principal Balance Principal Prepayment in Full                 0.00
                      Scheduled Principal Balance Liquidated Contracts                         0.00
                      Scheduled Principal Balance Repurchases                                  0.00

 (k)      Class A-3 Interest Distribution                                                                 99,125.00
          Class A-3 Interest Shortfall                                                                         0.00

 (l)      Class A-3 Remaining Certificate Balance                                                     15,000,000.00


 (m)      Class A-4 Distribution Amount                                                                  474,833.33

 (n)      Class A-4 Distribution Principal                                                                     0.00
                      Scheduled Payments of Principal                                          0.00
                      Partial Prepayments                                                      0.00
                      Scheduled Principal Balance Principal Prepayment in Full                 0.00
                      Scheduled Principal Balance Liquidated Contracts                         0.00
                      Scheduled Principal Balance Repurchases                                  0.00

 (o)      Class A-4 Interest Distribution                                                                474,833.33
          Class A-4 Interest Shortfall                                                                         0.00

 (p)      Class A-4 Remaining Certificate Balance                                                     70,000,000.00

 (q)      Class A-5 Distribution Amount                                                                  162,157.33

 (r)      Class A-5 Distribution Principal                                                                     0.00
                      Scheduled Payments of Principal                                          0.00
                      Partial Prepayments                                                      0.00
                      Scheduled Principal Balance Principal Prepayment in Full                 0.00
                      Scheduled Principal Balance Liquidated Contracts                         0.00
                      Scheduled Principal Balance Repurchases                                  0.00

 (s)      Class A-5 Interest Distribution                                                                162,157.33
          Class A-5 Interest Shortfall                                                                         0.00

 (t)      Class A-5 Remaining Certificate Balance                                                     24,820,000.00

 (u)      Class M-1 Distribution Amount                                                                  163,625.00

 (v)      Class M-1 Distribution Principal                                                                     0.00
                      Scheduled Payments of Principal                                          0.00
                      Partial Prepayments                                                      0.00
                      Scheduled Principal Balance Principal Prepayment in Full                 0.00
                      Scheduled Principal Balance Liquidated Contracts                         0.00
                      Scheduled Principal Balance Repurchases                                  0.00

 (w)                  Unpaid Class M Principal Shortfall                                       0.00
                      Class M-1 Liquidation Loss Amount                                        0.00
                      Class M-1 Liquidation Loss Interest Amount                               0.00
                      Class M-1 Unpaid Liquidation Loss Interest Shortfall Amount              0.00
                      Class  M-1 Principal Shortfall Amount

 (x)      Class M-1 Interest Distribution                                                                163,625.00
          Class M-1 Interest Shortfall                                                                         0.00

 (y)      Class M-1 Remaining Certificate Balance                                                     23,800,000.00
          Class M-1 Adjusted Certificate                                                              23,800,000.00
          Balance

 (z)      Class M-2 Distribution Amount                                                                  174,136.67

(aa)      Class M-2 Distribution Principal                                                                     0.00
                      Scheduled Payments of Principal                                          0.00
                      Partial Prepayments                                                      0.00
                      Scheduled Principal Balance Principal Prepayment in Full                 0.00
                      Scheduled Principal Balance Liquidated Contracts                         0.00
                      Scheduled Principal Balance Repurchases                                  0.00

(bb)                  Unpaid Class M Principal Shortfall                                       0.00
                      Class M-2 Liquidation Loss Amount                                        0.00
                      Class M-2 Liquidation Loss Interest Amount                               0.00
                      Class M-2 Unpaid Liquidation Loss Interest Shortfall Amount              0.00
                      Class  M-2 Principal Shortfall                                           0.00
                      Amount

(cc)      Class M-2 Interest Distribution                                                                174,136.67
          Class M-2 Interest Shortfall                                                                         0.00

(dd)      Class M-2 Remaining Certificate Balance                                                     23,800,000.00
          Class M-2 Adjusted Certificate                                                              23,800,000.00
          Balance

(ee)      Class B-1 Distribution Amount                                                                  140,250.00

(ff)      Class B-1 Distribution Principal                                                                     0.00
                      Scheduled Payments of Principal                                          0.00
                      Partial Prepayments                                                      0.00
                      Scheduled Principal Balance Principal Prepayment in Full                 0.00
                      Scheduled Principal Balance Liquidated Contracts                         0.00
                      Scheduled Principal Balance Repurchases                                  0.00

(gg)                  Unpaid Class B-1 Principal Shortfall                                     0.00
                      Class B-1 Liquidation Loss Amount                                        0.00
                      Class B-1 Liquidation Loss Interest Amount                               0.00
                      Class B-1 Unpaid Liquidation Loss Interest Shortfall Amount              0.00
                      Class  B-1 Principal Shortfall Amount

(hh)      Class B-1 Interest Distribution                                                                140,250.00
          Class B-1 Interest Shortfall                                                                         0.00

(ii)      Class B-1 Remaining Certificate Balance                                                     18,700,000.00
          Class B-1 Adjusted Certificate                                                              18,700,000.00
          Balance


(jj)      Class B-2 Distribution Amount                                                                  191,250.00

(kk)      Class B-2 Distribution Principal                                                                     0.00
                      Scheduled Payments of Principal                                          0.00
                      Partial Prepayments                                                      0.00
                      Scheduled Principal Balance Principal Prepayment in Full                 0.00
                      Scheduled Principal Balance Liquidated Contracts                         0.00
                      Scheduled Principal Balance Repurchases                                  0.00

(ll)                  Unpaid Class B-2 Principal Shortfall                                     0.00
                      Class B-2 Liquidation Loss Amount                                        0.00
                      Class B-2 Liquidation Loss Interest Amount                               0.00
                      Class B-2 Unpaid Liquidation Loss Interest Shortfall Amount              0.00
                      Class  B-2 Principal Shortfall                                           0.00
                      Amount

(mm)      Class B-2 Interest Distribution                                                                191,250.00
          Class B-2 Interest Shortfall                                                                         0.00

(nn)      Class B-2 Remaining Certificate Balance                                                     25,500,000.00
          Class B-1 Adjusted Certificate                                                              25,500,000.00
          Balance

(oo)      LIBOR                                                                                              6.6088%
          Class A-1 Pass Through Rate                                                                        6.7388%
          Class A-2 Pass Through Rate                                                                        7.6000%
          Class A-3 Pass Through Rate                                                                        7.9300%
          Class A-4 Pass Through Rate                                                                        8.1400%
          Class A-5 Pass Through Rate                                                                        7.8400%
          Class M-1 Pass Through Rate                                                                        8.2500%
          Class M-2 Pass Through Rate                                                                        8.7800%
          Class B-1 Pass Through Rate                                                                        9.0000%
          Class B-2 Pass Through Rate                                                                        9.0000%

(pp)      Monthly Servicing Fee                                                                          280,999.03

(qq)      Delinquency                                                                 # of Contracts  Prin. Balance
                                                                                      --------------  -------------
                      a)  One Monthly Payment Delinquent                                        143    6,090,788.69
                      b)  Two Monthly Payments                                                   49    2,157,470.10
                      c)  Three or more Monthly Payments                                         20    1,053,426.81
                                                                                       ------------  --------------
                                                                                                212    9,301,685.60
                                                                                       ============    ============

                                                                                                        Difference
                                                                                         Repurchase      Paid by
(rr)      Repurchased Contracts                                Contract Number              Price         Seller
                                                               ---------------         ------------     -----------
                                                                     0                         0.00            0.00
                                                                                       ------------     -----------
                                                                  Total Repurchases            0.00            0.00
                                                                                       ============     ===========


(ss)      Repossessions or Foreclosures                                                   Number     Actual Balance
                                                                                      -------------  --------------
                                                                  BOP Repossessions              15     $662,921.43
                                                            Plus Repossessions this              24    1,043,191.79
                                                                              Month
                                                                  Less Liquidations             (2)      (37,749.20)
                                                                                       ------------  --------------
                                                                  EOP Repossessions             37    $1,668,364.02
                                                                                       ============  ==============

(tt)      Senior LOC Draw Amount                                                                               0.00
          Class B-2 LOC Draw amount                                                                            0.00
          Senior LOC Undrawn Amount                                                                    1,700,000.00
          Class B-2 Undrawn LOC amount                                                                 5,500,000.00

(uu)      Monthly Advance                                                                               (150,045.84)
          Outstanding Amount Advanced                                                                          0.00

(vv)      Distribution to Class R Certificateholders                                                      63,496.81

(ww)      Net Weighted Average Contract Rate preceeding period                                                10.27%

(xx)      Number of Manufactured Homes currently held due to repossession                                        37
          Principal balance of Manufactured Homes currently held                                       1,668,364.02

(yy)      Class A-1 Pool Principal Balance percentage                                                     93.757248%
          Class A-2 Pool Principal Balance percentage                                                    100.000000%
          Class A-3 Pool Principal Balance percentage                                                    100.000000%
          Class A-4 Pool Principal Balance percentage                                                    100.000000%
          Class A-5 Pool Principal Balance percentage                                                    100.000000%
          Class M-1 Pool Principal Balance percentage                                                    100.000000%
          Class M-2 Pool Principal Balance percentage                                                    100.000000%
          Class B-1 Pool Principal Balance percentage                                                    100.000000%
          Class B-2 Pool Principal Balance percentage                                                    100.000000%

(zz)      Aggregate Deficiency Amounts                                                                         0.00
          Servicer Deficiency Amounts received                                                                 0.00

(aaa)     Deposit into the Certificate amount from the 2000-2 Reserve                                          0.00

</TABLE>


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