GREENPOINT CREDIT LLC
8-K, 2000-12-29
ASSET-BACKED SECURITIES
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                      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): December 21, 2000


                            GREENPOINT CREDIT, LLC

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               (exact name of registrant as specified in charter)



                                    DELAWARE

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                 (state or other jurisdiction of incorporation)


                                   333-46102

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                            (commission file number)


                                   13-4002891

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                    (I.R.S. Employer Identification Number)


                            10089 Willow Creek Road
                          San Diego, California  92131
                                 (619) 530-9394

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                 (address and telephone number of registrant's
                          principal executive offices)


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Item 1.    CHANGES IN CONTROL OF REGISTRANT.

           Not applicable.

Item 2.    ACQUISITION OR DISPOSITION OF ASSETS.

           Not applicable.

Item 3.    BANKRUPTCY OR RECEIVERSHIP.

           Not applicable.

Item 4.    CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.

           Not applicable.

Item 5.    OTHER EVENTS
           FILING OF POOLING AND SERVICING AGREEMENT*


          On December 21, 2000, the Registrants sold approximately $260,000,000
of GreenPoint Credit Manufactured Housing Contract Trust Pass-Through
Certificates, Series 2000-7 (the "Certificates"), evidencing beneficial
ownership interests in a trust consisting of a pool of manufactured housing
installment sales contracts and installment loan agreements and certain related
property conveyed to the trust by GreenPoint Credit, LLC ("GreenPoint") pursuant
to a Pooling and Servicing Agreement (2000-7), dated December 1, 2000, between
GreenPoint, as Contract Seller and as Servicer and Bank One, National
Association as the Trustee (the "Pooling and Servicing Agreement").  The Pooling
and Servicing Agreement is attached hereto as Exhibit 4.1.

______________
* Capitalized terms used herein without definition shall have the meanings
assigned to them in the Prospectus Supplement, dated December 18, 2000, and
related Prospectus, dated December 6, 2000, of the Registrant relating to the
Certificates.
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Item 6.   RESIGNATIONS OF REGISTRANT'S DIRECTORS.

          Not applicable.

Item 7.   FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

          (a)  Not applicable.

          (b)  Not applicable.

          (c)  Exhibit Numbers:

          The following are filed herewith. The exhibit numbers correspond with
Item 601(b) of Regulation S-K.

     4.1  Pooling and Servicing Agreement (2000-7), dated as of December 1,
          2000, between GreenPoint Credit, LLC, as Contract Seller and as
          Servicer and Bank One, National Association, as Trustee.
<PAGE>

                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.

                                       GREENPOINT CREDIT, LLC

                                       By:    /s/ Charles O. Ryan
                                           -----------------------
                                            Name: Charles O. Ryan
                                            Title: Vice President

                                       Dated: December 21, 2000
                                              San Diego, California
<PAGE>

                                 EXHIBIT INDEX

Exhibit Numbers
---------------

     4.1        Pooling and Servicing Agreement (2000-7), dated as of December
                1, 2000, between GreenPoint Credit, LLC, as Contract Seller and
                as Servicer and Bank One, National Association, as Trustee.


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