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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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<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
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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
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212 9,301,685.60
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Difference
Repurchase Paid by
(rr) Repurchased Contracts Contract Number Price Seller
--------------- ------------ -----------
0 0.00 0.00
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Total Repurchases 0.00 0.00
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(ss) Repossessions or Foreclosures Number Actual Balance
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BOP Repossessions 15 $662,921.43
Plus Repossessions this 24 1,043,191.79
Month
Less Liquidations (2) (37,749.20)
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EOP Repossessions 37 $1,668,364.02
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(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
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