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<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D C 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event report): March 31, 2000
GREENPOINT CREDIT, LLC
- --------------------------------------------------------------------------------
(exact name of registrant as specified in charter)
DELAWARE
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(state or other jurisdiction of incorporation)
333-580437
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(commission file number)
33-0862379
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(I..R.S. employer identification number)
10089 WILLOW CREEK ROAD
SAN DIEGO, CALIFORNIA 92131
(858) 530-9394
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(address and telephone number of registrant's principal executive offices)
<PAGE>
Item 5. Other Events
(a) Monthly Report
The following are filed herewith. The exhibit numbers correspond with Item 601
(b) of Regulation S-K.
Exhibit No. Description
----------- -----------
* 4. Pooling and Servicing Agreement, dated as of March 1,
2000, between Greenpoint Credit, LLC, as Contract Seller
and Servicer and The First National Bank of Chicago
as Trustee.
99. Monthly Investor Servicing Report.
* Filed previously with the commission on December 31 1999 as an exhibit
to a report on Form 8-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrants duly caused this report to be signed on their behalf by the
undersigned thereunto duly authorized.
GREENPOINT CREDIT
BY: /s/ Charles O. Ryan
------------------------------
Name: Charles O. Ryan
Title: Vice President
Dated: May 25, 2000
San Diego, California
<PAGE>
EXHIBIT 99
GREENPOINT MANUFACTURED HOUSING CONTRACT TRUST
PASS THROUGH CERTIFICATES
SERIES 2000-2
INVESTOR NUMBER 52000032
Determination Date: 17-Apr-00
Remittance Date A-1 20-Apr-00
Remittance Date A-2 03-May-00
Month End Date: 31-Mar-00
<TABLE>
<S> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------
(a) Class A-1 Distribution Amount 2,148,214.64
(b) Class A-1 Distribution Principal 1,404,419.25
Scheduled Payments of Principal 190,940.25
Partial Prepayments 147,254.59
Scheduled Principal Balance Principal Prepayment in Full 1,051,546.89
Scheduled Principal Balance Liquidated Contracts 14,677.52
Scheduled Principal Balance Repurchases 0.00
Prevous Undistributed Shortfalls 0.00
(c) Class A-1 Interest Distribution 743,795.39
Class A-1 Interest Shortfall 0.00
(d) Class A-1 Remaining Certificate Balance 148,691,848.75
(e) Class A-2 Distribution Amount 697,000.00
(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 697,000.00
Class A-2 Interest Shortfall 0.00
(h) Class A-2 Remaining Certificate Balance 100,000,000.00
(i) Class A-1 Pass Through Rate 6.371300%
Class A-2 Pass Through Rate 6.120000%
Class A-2 Holdover Amount 0.00
(j) Senior Monthly Servicing Fee 208,413.56
Subordinated Monthly Servicing Fee 0.00
Subordinated Monthly Servicing Fees remaining unapid 0.00
Section 7.05 Legal Fees 0.00
(k) Servicing Fees Subordination Event NO
(l) Servicer Termination Event NO
(m) Delinquency # of Contracts Prin. Balance
-------------- ----------------
a) Loans 31 to 59 days delinquent 14 618,563.28
b) Loans 60 to 89 days delinquent 3 129,142.95
c) Loans delinquent 90 or more days 0 0.00
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17 747,706.23
============= ================
(n) Repurchased Contracts
Repurchased Contracts Number Repurchase Price
(see attached schedule) ------------- ----------------
Total Repurchases 0 0.00
============= ================
(o) Repossessions or Foreclosures
Number Actual Balance
------------- --------------
BOP Repossessions 0 $0.00
Plus Repossessions this Month 3 75,099.90
Less Liquidations (1) ($14,677.52)
------------- ----------------
EOP Repossessions 2 $60,422.38
============= ================
(p) Enhancement Payment 0.00
(q) Monthly Advance 0.00
(r) Outstanding Amount Advanced 0.00
(r) Deposit to Special Account 0.00
(s) Amount Distributed to Class R Certificateholders 27,190.23
(t) Previous Period Net Weighted Average Contract Rate 9.64%
Current Period Net Weighted Average Contract Rate 9.64%
(u) Number of Manufactured Homes currently held due to repossession 2
Principal balance of Manufactured Homes currently held 60,422.38
(v) Pool Principal Balance Percentage 99.438449%
(w) Aggregate Deficiency Amounts 500.00
Servicer Deficiency Amounts received 175.00
(x) Additional Items
(y) Class A-1 Net Funds Carryover Amount 0.00
Class A-2 Net Funds Carryover Amount 0.00
(z) Deposit into the Certificate Account from the 2000-1 Reserve Account 0.00
Class A-2 Net Funds Carryover Amount 0.00
(aa) Cumulative Realized Losses 12,731.44
Current Realized Loss Ratio 0.061%
(bb) Draw Amount under the LOC 0.00
Undrawn LOC Amount 52,270,120.01
Letter of Credit Amount 52,270,120.01
Amounts due LOC Provider for reimbursement of previous draws 0.00
</TABLE>
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