<PAGE>
Pass Through Certificates
Series 2000-1
Investor Number 52000031
Determination Date: 17-Jul-00
Remittance Date: 20-Jul-00
Month End Date: 30-Jun-00
<TABLE>
---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
(a) Class A-1 Distribution Amount 1,668,692.73
(b) Class A-1 Distribution Principal 1,329,604.02
Scheduled Payments of Principal 262,932.69
Partial Prepayments 149,889.02
Scheduled Principal Balance Principal Prepayment in Full 646,944.76
Scheduled Principal Balance Liquidated Contracts 269,837.55
Scheduled Principal Balance Repurchases 0.00
(c) Class A-1 Interest Distribution 339,088.71
Class A-1 Interest Shortfall 0.00
(d) Class A-1 Remaining Certificate Balance 58,675,034.40
(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 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
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 0.07
Class A-1 Pass Through Rate 0.07
Class A-2 Pass Through Rate 0.08
Class A-3 Pass Through Rate 0.08
Class A-4 Pass Through Rate 0.08
Class A-5 Pass Through Rate 0.08
Class M-1 Pass Through Rate 0.08
Class M-2 Pass Through Rate 0.09
Class B-1 Pass Through Rate 0.09
Class B-2 Pass Through Rate 0.09
(pp) Monthly Servicing Fee 280,003.87
(qq) Delinquency # of Contracts Prin. Balance
-------------- -------------
a) One Monthly Payment Delinquent 162 6,926,500.71
b) Two Monthly Payments 32 1,247,282.02
c) Three or more Monthly Payments 46 2,412,362.18
------ ---------------
240 10,586,144.91
====== ===============
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 37 1,668,364.02
Plus Repossessions this 35 1,491,230.20
Month
Less Liquidations (7) (273,105.29)
------- ---------------
EOP Repossessions 65 2,886,488.93
======= ===============
(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 0.00
Outstanding Amount Advanced 0.00
(vv) Distribution to Class R Certificateholders 83,896.29
(ww) Net Weighted Average Contract Rate preceeding period 0.10
(xx) Number of Manufactured Homes currently held due to repossession 65.00
Principal balance of Manufactured Homes currently held 2,886,488.93
(yy) Class A-1 Pool Principal Balance percentage 0.92
Class A-2 Pool Principal Balance percentage 1.00
Class A-3 Pool Principal Balance percentage 1.00
Class A-4 Pool Principal Balance percentage 1.00
Class A-5 Pool Principal Balance percentage 1.00
Class M-1 Pool Principal Balance percentage 1.00
Class M-2 Pool Principal Balance percentage 1.00
Class B-1 Pool Principal Balance percentage 1.00
Class B-2 Pool Principal Balance percentage 1.00
(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
</TABLE>