GREENPOINT CREDIT LLC
8-K, EX-99, 2000-11-28
ASSET-BACKED SECURITIES
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<PAGE>

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

Determination Date:                      15-Nov-00
Remittance Date:                         20-Nov-00
Month End Date:                          31-Oct-00

<TABLE>
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     <S>      <C>                                                                                      <C>        <C>
     (a)      Class A-1 Distribution Amount                                                                          2,286,851.62
     (b)      Class A-1 Distribution Principal                                                                       1,979,892.41
                          Scheduled Payments of Principal                                              253,289.40
                          Partial Prepayments                                                          446,668.95
                          Scheduled Principal Balance Principal Prepayment in Full                     480,665.92
                          Scheduled Principal Balance Liquidated Contracts                             799,268.14
                          Scheduled Principal Balance Repurchases                                            0.00

     (c)      Class A-1 Interest Distribution                                                                          306,959.21
              Class A-1 Interest Shortfall                                                                                   0.00

     (d)      Class A-1 Remaining Certificate Balance                                                               50,830,293.86


     (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                                                     0.00
                          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                                                                                                        6.6200%
              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                                                                                    274,008.49

    (qq)      Delinquency                                                        # of Contracts                    Prin. Balance
                                                                                 --------------                    -------------
                          a)  One Monthly Payment Delinquent                         210                             8,810,825.73
                          b)  Two Monthly Payments                                    89                             4,154,751.76
                          c)  Three or more Monthly Payments                          96                             4,587,013.27
                                                                             ------------                         ---------------
                                                                                     395                            17,552,590.76
                                                                             ============                         ===============

                                                                                                                     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     164                                    $6,828,212.70
                                                 Plus Repossessions this     43                                      1,791,247.48
                                                                   Month
                                                       Less Liquidations    (27)                                      (838,117.27)
                                                                         ------------                             ---------------
                                                       EOP Repossessions     180                                    $7,781,342.91
                                                                         ============                             ===============


    (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                                                                                          277,965.98
              Outstanding Amount Advanced                                                                              752,342.82

    (vv)      Distribution to Class R Certificateholders                                                                     0.00

    (ww)      Net Weighted Average Contract Rate preceeding period                                                         10.33%

    (xx)      Number of Manufactured Homes currently held due to repossession                                                 180
              Principal balance of Manufactured Homes currently held                                                 7,781,342.91

    (yy)      Class A-1 Pool Principal Balance percentage                                                               79.422334%
              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                                                                                 250.00
              Servicer Deficiency Amounts received                                                                          87.50

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

(bbb)         Average Sixty-Day elinquency Ratio                                                                      0.022269391
              Current Realized Loss Ratio                                                                             0.042401148
              Cumulative Realized Losses                                                                               1610973.85
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