GREENPOINT CREDIT LLC
8-K, EX-99, 2000-10-23
ASSET-BACKED SECURITIES
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<PAGE>

                                                                      EXHIBIT 99

GreenPoint Manufactured Housing Contract Trust
Pass Through Certificates
Series 2000-1
Investor Number 52000031

Determination Date:                      15-Sep-00
Remittance Date:                         20-Sep-00
Month End Date:                          31-Aug-00

<TABLE>
----------------------------------------------------------------------------------------------------------------------------------
<S>                                                                                               <C>           <C>
     (a)      Class A-1 Distribution Amount                                                                        2,347,283.48
     (b)      Class A-1 Distribution Principal                                                                     2,027,045.72
                          Scheduled Payments of Principal                                            268,168.76
                          Partial Prepayments                                                        145,458.07
                          Scheduled Principal Balance Principal Prepayment in Full                   913,968.88
                          Scheduled Principal Balance Liquidated Contracts                           699,450.01
                          Scheduled Principal Balance Repurchases                                          0.00

     (c)      Class A-1 Interest Distribution                                                                        320,237.76
              Class A-1 Interest Shortfall                                                                                 0.00

     (d)      Class A-1 Remaining Certificate Balance                                                             54,904,111.55


     (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
</TABLE>
<PAGE>

<TABLE>
<S>                                                                                                      <C>      <C>
     (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 Balance                                                                23,800,000.00

     (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 Amount                                               0.00

    (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 Balance                                                                23,800,000.00

    (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
</TABLE>
<PAGE>

<TABLE>
<S>                                                                                                       <C>     <C>
                          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                                            0.00


    (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 Balance                                                              18,700,000.00



    (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 Amount                                             0.00

    (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 Balance                                                              25,500,000.00

    (oo)      LIBOR                                                                                                      6.6200%
              Class A-1 Pass Through Rate                                                                                6.7500%
              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                                                                                  277,442.63

    (qq)      Delinquency                                                          # of Contracts                Prin. Balance
                                                                                   --------------               ---------------
                          a)  One Monthly Payment Delinquent                                  165                  7,083,360.94
                          b)  Two Monthly Payments                                             86                  3,741,137.46
                          c)  Three or more Monthly Payments                                   60                  2,970,131.53
                                                                                      ------------              ----------------
                                                                                              311                 13,794,629.93
                                                                                      ============              ================

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


    (ss)      Repossessions or Foreclosures                                            Number                    Actual Balance
                                                                                       ------                    ---------------
                                                                BOP Repossessions              97                 $4,136,378.39
                                                          Plus Repossessions this              52                  2,010,372.32
                                                                            Month
                                                                Less Liquidations             (19)                  (705,758.24)
                                                                                          ----------             ---------------
                                                                EOP Repossessions             130                 $5,440,992.47
                                                                                          ==========             ===============
</TABLE>
<PAGE>

<TABLE>
<S>                                                                                                            <C>
    (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                                                                         25,500,000.00

    (uu)      Monthly Advance                                                                                         273,825.86
              Outstanding Amount Advanced                                                                             273,825.86

    (vv)      Distribution to Class R Certificateholders                                                                    0.00

    (ww)      Net Weighted Average Contract Rate preceeding period                                                        10.26%

    (xx)      Number of Manufactured Homes currently held due to repossession                                                130
              Principal balance of Manufactured Homes currently held                                                5,440,992.47

    (yy)      Class A-1 Pool Principal Balance percentage                                                              85.787674%
              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                                                                                477.75
              Servicer Deficiency Amounts received                                                                        167.21

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

    (bbb)     Average Sixty-Day elinquency Ratio                                                                     0.015681076
              Current Realized Loss Ratio                                                                            0.014930058
              Cumulative Realized Losses                                                                               749407.27
</TABLE>


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