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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): February 29, 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)
333-59731
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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 December
1, 1999, between Greenpoint Credit, LLC, as Contract
Seller and Servicer and The First National Bank of
Chicago as Trustee.
99. Monthly Investor Servicing Report.
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* 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: March 27, 2000
San Diego, California
<PAGE>
GREENPOINT MANUFACTURED HOUSING CONTRACT TRUST
PASS THROUGH
CERTIFICATES
SERIES 1999-6
INVESTOR NUMBER 51999121
Determination Date: 10-Mar-00
Remittance Date A-1 15-Mar-00
Remittance Date A-2 06-Apr-00
Month End Date: 29-Feb-00
<TABLE>
<CAPTION>
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<S> <C> <C> <C>
(a) Class A-1 Distribution Amount 1,315,248.78
(b) Class A-1 Distribution Principal 976,306.55
Scheduled Payments of Principal 110,953.87
Partial Prepayments 156,035.44
Scheduled Principal Balance Principal Prepayment in Full 613,752.62
Scheduled Principal Balance Liquidated Contracts 95,564.62
Scheduled Principal Balance Repurchases 0.00
(c) Class A-1 Interest Distribution 338,942.23
Class A-1 Interest Shortfall 0.00
(d) Class A-1 Remaining Certificate Balance 67,217,513.53
(e) Class A-2 Distribution Amount 352,625.00
(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 352,625.00
Class A-2 Interest Shortfall 0.00
(h) Class A-2 Remaining Certificate Balance 70,000,000.00
(i) Class A-1 Pass Through Rate 6.170000%
Class A-2 Pass Through Rate 5.850000%
Class A-2 Holdover Amount 0.00
(j) Monthly Servicing Fee 115,161.52
(k) Delinquency # of Contracts Prin. Balance
-------------- ----------------
a) Loans 31 to 59 days delinquent 40 1,736,792.64
b) Loans 60 to 89 days delinquent 8 289,634.37
c) Loans delinquent 90 or more days 2 93,223.62
------------- ----------------
50 2,119,650.63
============= ================
(l) Repurchased Contracts
(l) Repurchased Contracts Number Repurchase Price
(see attached schedule) ------------- ----------------
Total Repurchases 0 0.00
============= ================
(m) Repossessions or Foreclosures Number Actual Balance
------------- ----------------
BOP Repossessions 6 $230,471.55
Plus Repossessions this 7 232,814.57
Month
Less Liquidations (2) ($95,831.69)
------------- ----------------
EOP Repossessions 11 $367,454.43
============= ================
(n) Enhancement Payment 0.00
(o) Monthly Advance 0.00
Outstanding Amount Advanced 0.00
(p) Deposit to Special Account/Distribution to Class R Certificateholders 263,206.69
(q) Amount Distributed to Class R Certificateholders 0.00
(r) Net Weighted Average Contract Rate 9.74%
(s) Number of Manufactured Homes currently held due to repossession 11
Principal balance of Manufactured Homes currently held 367,454.43
(t) Pool Principal Balance Percentage 98.012510%
(u) Aggregate Deficiency Amounts 0.00
Servicer Deficiency Amounts received 0.00
(v) Additional Items
(w) Class A-1 Net Funds Carryover Amount 0.00
Class A-2 Net Funds Carryover Amount 0.00
</TABLE>
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