<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 reported): February 8, 2000
CONSECO FINANCE SECURITIZATIONS CORP.
as seller of Manufactured Housing Contract
Senior/Subordinate Pass-Through Certificate
Trust 1999-6
------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware (333-85037/333-85037-01) 41-1807858
- ---------------------------- ------------------------ -------------
(State or other jurisdiction (Commission (IRS employer
of incorporation) file number) identification No.)
1100 Landmark Towers, 345 St. Peter Street, Saint Paul, Minnesota 55102-1639
----------------------------------------------------------------------------
(Address of principal executive offices)
Registrant's telephone number, including area code: (651) 293-3400
--------------
Not Applicable
--------------
(Former name or former address, if changed since last report)
<PAGE>
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.
-------------
Between December 23, 1999 and February 8, 2000, the
Registrant transferred approximately $219,392,104.83 of
manufactured housing installment sale contracts and
installment loan agreements (the "Subsequent Contracts") to
the trust formed in connection with the $1,000,000,000
(approximate) Manufactured Housing Contract
Senior/Subordinate Pass-Through Certificates, Series 1999-6
(the "Trust"), pursuant to the pre-funding provisions of the
Pooling and Servicing Agreement dated November 1, 1999.
Filed herewith as Exhibit 99.1 are tables providing
information with respect to the Subsequent Contracts and the
Contracts in the aggregate. Capitalized terms used herein
and not defined have the meaning assigned in the Pooling and
Servicing Agreement.
Item 6. Resignations of Registrant's Directors.
---------------------------------------
Not applicable.
Item 7. Financial Statements and Exhibits.
----------------------------------
(a) Financial statements of businesses acquired.
Not applicable.
(b) Pro forma financial information.
2
<PAGE>
Not applicable.
(c) Exhibits.
The following is filed herewith. The exhibit numbers
correspond with Item 601(b) of Regulation S-K.
3
<PAGE>
Exhibit No. Description
----------- -----------
99.1 Information regarding approximately $219,392,104.83 of
Subsequent Contracts to be transferred to the trust
formed in connection with the $1,000,000,000
(Approximate) Manufactured Housing Contract
Senior/Subordinate Pass-Through Certificates, Series
1999-6 on February 8, 2000.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
CONSECO FINANCE SECURITIZATIONS CORP.
By: /s/ Phyllis A. Knight
-----------------------------
Phyllis A. Knight
Senior Vice President and Treasurer
4
<PAGE>
INDEX TO EXHIBITS
Exhibit
Number Page
- ------- ----
99.1 Information regarding approximately $219,392,104.83 of Electronically
Subsequent Contracts to be transferred to the trust Filed
formed in connection with the $1,000,000,000
(Approximate) Manufactured Housing Contract Senior/
Subordinate Pass-Through Certificates, Series
1999-6 on February 8, 2000.
<PAGE>
EXHIBIT 99.1
MANUFACTURED HOUSING CONTRACT
SENIOR/SUBORDINATE PASS-THROUGH CERTIFICATES
SERIES 1999-6
Set forth below is information regarding the manufactured housing installment
sales contracts and installment loan agreements to be transferred to the Trust
on December 23, 1999 and February 8, 2000. The information below includes the
Subsequent Contracts described in the Prospectus Supplement dated November 16,
1999 to the Prospectus dated November 16, 1999. Unless otherwise defined herein,
all capitalized terms have the meanings set forth in the Prospectus Supplement.
<PAGE>
GEOGRAPHICAL DISTRIBUTION OF ALL SUBSEQUENT CONTRACT OBLIGORS
<TABLE>
<CAPTION>
AGGREGATE % OF CONTRACT
PRINCIPAL POOL BY
BALANCE OUTSTANDING
NUMBER OF OUTSTANDING PRINCIPAL
CONTRACTS AS OF AS OF CUT- BALANCE AS OF
CUT-OFF DATE OFF DATE CUT-OFF DATE
--------------- --------------- -------------
<S> <C> <C> <C>
Alabama................. 497 $ 16,609,647.36 7.57%
Alaska.................. 1 25,218.00 0.01
Arizona................. 120 4,445,446.84 2.03
Arkansas................ 140 4,445,362.44 2.03
California.............. 226 9,112,336.86 4.15
Colorado................ 115 4,626,699.03 2.11
Connecticut............. 3 98,295.18 0.04
Delaware................ 25 573,469.36 0.26
Florida................. 349 13,202,259.96 6.02
Georgia................. 391 15,018,933.72 6.85
Idaho................... 34 1,307,245.89 0.60
Illinois................ 70 2,138,709.38 0.98
Indiana................. 148 4,295,695.32 1.96
Iowa.................... 79 2,503,727.57 1.14
Kansas.................. 79 2,518,894.11 1.15
Kentucky................ 132 3,668,445.12 1.67
Louisiana............... 107 3,174,793.43 1.45
Maine .................. 27 932,823.52 0.43
Maryland................ 27 790,667.81 0.36
Massachusetts........... 2 74,193.71 0.03
Michigan................ 280 10,270,036.42 4.68
Minnesota............... 90 2,903,353.90 1.32
Mississippi............. 170 5,666,345.10 2.58
Missouri................ 158 4,667,388.99 2.13
Montana................. 39 1,214,850.00 0.55
Nebraska................ 27 805,742.53 0.37
Nevada.................. 57 2,849,828.23 1.30
New Hampshire........... 38 1,328,024.06 0.61
New Jersey.............. 7 242,518.33 0.11
New Mexico.............. 90 3,208,722.50 1.46
New York................ 87 3,185,799.50 1.45
North Carolina.......... 647 23,128,347.03 10.55
North Dakota............ 19 709,445.25 0.32
Ohio.................... 130 3,615,949.59 1.65
Oklahoma................ 143 5,558,332.60 2.53
Oregon.................. 63 2,809,347.08 1.28
Pennsylvania............ 95 3,043,860.12 1.39
Rhode Island............ 2 86,741.68 0.04
South Carolina.......... 339 13,171,279.72 6.01
South Dakota............ 39 1,568,733.66 0.72
Tennessee............... 199 6,550,708.11 2.99
Texas................... 470 18,792,231.46 8.57
Utah.................... 14 657,294.53 0.30
Vermont................. 11 372,160.45 0.17
Virginia................ 115 3,458,856.61 1.58
Washington.............. 94 4,335,545.74 1.98
West Virginia........... 73 1,999,309.86 0.91
Wisconsin............... 60 1,827,234.85 0.83
Wyoming................. 41 1,723,401.59 0.79
------ --------------- ------
**Totals................ 6,169 $219,314,254.10 100.00%
====== =============== ======
</TABLE>
2
<PAGE>
YEARS OF ORIGINATION OF ALL SUBSEQUENT CONTRACTS
<TABLE>
<CAPTION>
% OF CONTRACT POOL BY
AGGREGATE PRINCIPAL OUTSTANDING PRINCIPAL
NUMBER OF CONTRACTS BALANCE OUTSTANDING BALANCE AS OF
YEAR OF ORIGINATION(1) AS OF CUT-OFF DATE AS OF CUT-OFF DATE CUT OFF DATE
- ---------------------- ------------------- ------------------- ---------------------
<S> <C> <C> <C>
1998.................... 1 $ 60,813.43 .03%
1999.................... 6,153 218,619,821.70 99.68
2000.................... 15 633,618.97 .29
----- --------------- ------
Total................ 6,169 $219,314,254.10 100.00%
===== =============== ======
</TABLE>
(1) The Contracts shown in the above table with earlier years of origination
primarily represent Contracts originated by the Company and subsequently
refinanced through the Company. The Company retains the first origination
dates on its records with respect to such refinanced Contracts.
DISTRIBUTION OF ALL SUBSEQUENT CONTRACT AMOUNTS
<TABLE>
<CAPTION>
% OF CONTRACT POOL BY
AGGREGATE OUTSTANDING PRINCIPAL
ORIGINAL CONTRACT NUMBER OF CONTRACTS BALANCE OUTSTANDING BALANCE AS OF
AMOUNT (IN DOLLARS)(1) AS OF CUT-OFF DATE AS OF CUT-OFF DATE CUT-OFF DATE
- ----------------------- ------------------- -------------------- ---------------------
<S> <C> <C> <C>
Less than $10,000.00.... 255 $ 2,010,325.43 .92%
Between $10,000.00 and
$19,999.99............. 1,015 15,576,139.45 7.10
Between $20,000.00 and
$29,999.99............. 1,372 34,569,478.36 15.76
Between $30,000.00 and
$39,999.99............. 1,362 47,291,736.75 21.56
Between $40,000.00 and
$49,999.99............. 906 40,450,757.07 18.44
Between $50,000.00 and
$59,999.99............. 658 36,043,212.77 16.43
Between $60,000.00 and
$69,999.99............. 361 23,197,544.98 10.58
Between $70,000.00 and
$79,999.99............. 135 9,980,940.22 4.55
Between $80,000.00 and
$89,999.99............. 48 3,982,542.11 1.82
Between $90,000.00 and
$99,999.99............. 24 2,274,817.87 1.04
Between $100,000.00 and
$109,999.99............ 13 1,351,945.84 .62
Between $110,000.00 and
$119,999.99............ 7 802,142.97 .37
Between $120,000.00 and
$129,999.99............ 4 495,450.76 .23
Between $130,000.00 and
$139,999.99............ 3 404,386.56 .18
Between $140,000.00 and
$149,999.99............ 5 732,239.52 .33
Between $150,000.00 and
$159,999.99............ 1 150,593.44 .07
----- --------------- ------
Total................ 6,169 $219,314,254.10 100.00%
===== =============== ======
</TABLE>
- --------
(1) The largest original Contract amount is $150,593.44, which
represents .07% of the aggregate principal balance of the Subsequent
Contracts as of the Cut-off Date.
3
<PAGE>
DISTRIBUTION OF ALL SUBSEQUENT
LOAN-TO-VALUE RATIOS OF CONTRACTS
<TABLE>
<CAPTION>
AGGREGATE PRINCIPAL % OF CONTRACT POOL BY
NUMBER OF CONTRACTS BALANCE OUTSTANDING OUTSTANDING PRINCIPAL
LOAN-TO-VALUE RATIO (1) AS OF CUT-OFF DATE AS OF CUT-OFF DATE BALANCE AS OF CUT-OFF DATE
- ------------------------ ------------------- ------------------- --------------------------
<S> <C> <C> <C>
Less than 61%................ 164 $ 3,605,281.29 1.64%
61% to 65%................ 64 1,883,591.98 .86
66% to 70%................ 80 2,361,803.35 1.08
71% to 75%................ 108 3,553,552.64 1.62
76% to 80%................ 486 16,101,929.14 7.34
81% to 85%................ 335 10,860,880.64 4.95
86% to 90%................ 1,968 75,939,082.54 34.63
91% to 95%................ 2,041 76,158,041.96 34.73
Over 95%................ 923 28,850,090.56 13.15
----- --------------- ------
Total..................... 6,169 $219,314,254.10 100.00%
===== =============== ======
</TABLE>
- --------
(1) Rounded to the nearest 1%. The method of calculating loan-to-value ratios
is described in the Prospectus.
ALL SUBSEQUENT CONTRACT RATES
<TABLE>
<CAPTION>
AGGREGATE PRINCIPAL % OF CONTRACT POOL BY
RANGE OF CONTRACTS BY NUMBER OF CONTRACTS BALANCE OUTSTANDING OUTSTANDING PRINCIPAL
CONTRACT RATE AS OF CUT-OFF DATE AS OF CUT-OFF DATE BALANCE AS OF CUT-OFF DATE
--------------------- ------------------- ------------------- --------------------------
<S> <C> <C> <C>
5.00001% to 6.00000%....... 2 $ 158,086.90 .07%
6.00001% to 7.00000%....... 0 .00 .00
7.00001% to 8.00000%....... 56 4,060,092.35 1.85
8.00001% to 9.00000%....... 125 7,877,845.82 3.59
9.00001% to 10.00000%....... 511 25,921,371.05 11.82
10.00001% to 11.00000%....... 880 40,494,124.50 18.46
11.00001% to 12.00000%....... 1,149 44,947,946.02 20.49
12.00001% to 13.00000%....... 1,299 41,401,700.79 18.88
13.00001% to 14.00000%....... 846 26,085,829.89 11.89
14.00001% to 15.00000%....... 757 17,503,119.47 7.98
15.00001% to 16.00000%....... 319 6,944,079.45 3.17
16.00001% to 17.00000%....... 146 2,673,309.88 1.22
Over 17.00000%............... 79 1,246,747.98 .57
----- --------------- ------
Total..................... 6,169 $219,314,254.10 100.00%
===== =============== ======
</TABLE>
REMAINING MONTHS TO MATURITY OF ALL SUBSEQUENT CONTRACTS
<TABLE>
<CAPTION>
AGGREGATE PRINCIPAL % OF CONTRACT POOL BY
MONTHS REMAINING NUMBER OF CONTRACTS BALANCE OUTSTANDING OUTSTANDING PRINCIPAL
AS OF CUT-OFF DATE AS OF CUT-OFF DATE AS OF CUT-OFF DATE BALANCE AS OF CUT-OFF DATE
------------------ ------------------- ------------------- --------------------------
<S> <C> <C> <C>
Less than 31................. 1 $ 9,504.81 .00%
31 to 60................. 140 1,373,042.96 .63
61 to 90................. 129 1,670,193.01 .76
91 to 120................. 489 7,689,581.16 3.51
121 to 150................. 105 2,014,377.17 .92
151 to 180................. 776 17,158,529.64 7.82
181 to 210................. 4 109,171.60 .05
211 to 240................. 850 24,107,404.43 10.99
241 to 270................. 1 22,395.06 .01
271 to 300................. 624 21,328,196.49 9.72
301 to 330................. 4 242,783.76 .11
331 to 360................. 3,046 143,589,074.01 65.47
----- --------------- ------
Total..................... 6,169 $219,314,254.10 100.00%
===== =============== ======
</TABLE>
4
<PAGE>
Set forth below is information regarding the combined pool of Initial,
Additional and Subsequent Contracts transferred to the Trust on November 16,
1999, December 23, 1999 and February 8, 2000. Unless otherwise defined herein,
all capitalized terms have the meanings set forth in the Prospectus Supplement.
5
<PAGE>
GEOGRAPHICAL DISTRIBUTION OF INITIAL AND
SUBSEQUENT CONTRACT OBLIGORS
<TABLE>
<CAPTION>
AGGREGATE % OF CONTRACT
PRINCIPAL POOL BY
BALANCE OUTSTANDING
NUMBER OF OUTSTANDING PRINCIPAL
CONTRACTS AS OF AS OF CUT- BALANCE AS OF
CUT-OFF DATE OFF DATE CUT-OFF DATE
--------------- --------------- -------------
<S> <C> <C> <C>
Alabama................. 1,652 $ 56,809,913.98 5.68%
Alaska.................. 2 99,454.18 0.01
Arizona................. 497 21,258,632.63 2.13
Arkansas................ 474 15,312,026.59 1.53
California.............. 772 34,086,647.26 3.41
Colorado................ 419 21,874,527.25 2.19
Connecticut............. 13 393,508.01 0.04
Delaware................ 120 4,860,944.74 0.49
Florida................. 1,411 65,107,226.29 6.51
Georgia................. 1,452 61,229,875.09 6.12
Idaho................... 130 6,648,976.44 0.66
Illinois................ 320 11,971,365.69 1.20
Indiana................. 681 30,486,662.53 3.05
Iowa.................... 263 10,236,722.47 1.02
Kansas.................. 288 11,622,181.96 1.16
Kentucky................ 603 23,604,846.49 2.36
Louisiana............... 420 14,372,600.18 1.44
Maine .................. 162 9,004,910.16 0.90
Maryland................ 99 3,279,399.28 0.33
Massachusetts........... 22 881,346.44 0.09
Michigan................ 1,329 71,691,285.06 7.17
Minnesota............... 393 14,612,392.57 1.46
Mississippi............. 592 19,883,934.64 1.99
Missouri................ 659 22,794,364.19 2.28
Montana................. 151 6,552,157.41 0.66
Nebraska................ 93 3,958,415.11 0.40
Nevada.................. 223 12,110,803.38 1.21
New Hampshire........... 148 6,381,282.95 0.64
New Jersey.............. 13 373,128.82 0.04
New Mexico.............. 336 13,516,385.44 1.35
New York................ 318 13,702,518.30 1.37
North Carolina.......... 2,265 100,459,343.13 10.05
North Dakota............ 76 2,817,911.28 0.28
Ohio.................... 643 28,213,561.66 2.82
Oklahoma................ 530 20,539,379.49 2.05
Oregon.................. 294 19,871,221.31 1.99
Pennsylvania............ 381 14,865,447.99 1.49
Rhode Island............ 6 213,489.92 0.02
South Carolina.......... 1,059 45,383,542.92 4.54
South Dakota............ 127 4,826,612.64 0.48
Tennessee............... 735 27,209,476.21 2.72
Texas................... 1,693 69,893,338.89 6.99
Utah.................... 70 4,308,069.19 0.43
Vermont................. 97 5,176,915.60 0.52
Virginia................ 474 18,559,519.85 1.86
Washington.............. 394 26,529,581.80 2.65
West Virginia........... 270 9,413,436.35 0.94
Wisconsin............... 200 6,982,710.40 0.70
Wyoming................. 123 6,001,369.77 0.60
Non-U.S. Based.......... 1 15,187.00 0.00
------ --------------- ------
**Totals................ 23,493 $999,998,550.93 100.00%
====== =============== ======
</TABLE>
- ---------------
* Indicates an amount greater than zero but less than .05%.
6
<PAGE>
YEARS OF ORIGINATION OF INITIAL AND SUBSEQUENT CONTRACTS
<TABLE>
<CAPTION>
% OF CONTRACT POOL BY
AGGREGATE PRINCIPAL OUTSTANDING PRINCIPAL
NUMBER OF CONTRACTS BALANCE OUTSTANDING BALANCE AS OF
YEAR OF ORIGINATION(1) AS OF CUT-OFF DATE AS OF CUT-OFF DATE CUT OFF DATE
- ---------------------- ------------------- ------------------- ---------------------
<S> <C> <C> <C>
1988.................... 828 $ 8,003,113.25 .80%
1989.................... 0 .00 .00
1990.................... 0 .00 .00
1991.................... 0 .00 .00
1992.................... 0 .00 .00
1993.................... 0 .00 .00
1994.................... 1 61,247.78 .01
1995.................... 0 .00 .00
1996.................... 2 53,564.22 .01
1997.................... 2 84,573.76 .01
1998.................... 72 4,275,537.27 .43
1999.................... 22,573 986,886,895.68 98.69
2000.................... 15 633,618.97 .06
------ ---------------- ------
Total................ 23,493 $ 999,998,550.93 100.00%
====== ================ ======
</TABLE>
* Indicates an amount greater than zero but less than .05%.
(1) The Contracts shown in the above table with earlier years of origination
primarily represent Contracts originated by the Company and subsequently
refinanced through the Company. The Company retains the first origination
dates on its records with respect to such refinanced Contracts.
DISTRIBUTION OF ORIGINAL INITIAL
AND SUBSEQUENT CONTRACT AMOUNTS
<TABLE>
<CAPTION>
% OF CONTRACT POOL BY
AGGREGATE PRINCIPAL OUTSTANDING PRINCIPAL
ORIGINAL CONTRACT NUMBER OF CONTRACTS BALANCE OUTSTANDING BALANCE AS OF
AMOUNT (IN DOLLARS)(1)U AS OF CUT-OFF DATE AS OF CUT-OFF DATE CUT-OFF DATE
- ------------------------ ------------------- -------------------- ---------------------
<S> <C> <C> <C>
Less than $10,000.00.... 779 $ 6,044,504.70 .60%
Between $10,000.00 and
$19,999.99............. 3,377 47,752,916.09 4.78
Between $20,000.00 and
$29,999.99............. 4,366 106,497,054.62 10.65
Between $30,000.00 and
$39,999.99............. 4,550 157,202,547.74 15.72
Between $40,000.00 and
$49,999.99............. 2,980 132,921,240.77 13.29
Between $50,000.00 and
$59,999.99............. 2,414 132,381,826.07 13.24
Between $60,000.00 and
$69,999.99............. 1,683 108,814,760.58 10.88
Between $70,000.00 and
$79,999.99............. 1,078 80,477,339.02 8.05
Between $80,000.00 and
$89,999.99............. 785 66,489,307.48 6.65
Between $90,000.00 and
$99,999.99............. 587 55,622,032.14 5.56
Between $100,000.00 and
$109,999.99............ 338 35,232,278.75 3.52
Between $110,000.00 and
$119,999.99............ 219 25,084,213.38 2.51
Between $120,000.00 and
$129,999.99............ 168 20,868,952.96 2.09
Between $130,000.00 and
$139,999.99............ 88 11,787,633.26 1.18
Between $140,000.00 and
$149,999.99............ 37 5,326,114.30 .53
Between $150,000.00 and
$159,999.99............ 17 2,607.813.96 .26
Between $160,000.00 and
$169,999.99............ 11 1,818,764.77 .18
Between $170,000.00 and
$179,999.99............ 3 523,518.33 .05
Between $180,000.00 and
$189,999.99............ 4 737,183.89 .07
Between $190,000.00 and
$199,999.99............ 6 1,169,645.14 .12
Between $200,000.00 and
$249,999.99............ 3 638,902.98 .06
------ ----------------- ------
Total................ 23,493 $ 999,998,550.93 100.00%
====== ================= ======
</TABLE>
- --------
(1) The largest original Contract amount is $218,639.83, which represents
.02% of the aggregate principal balance of the Initial and Subsequent
Contracts as of the Cut-off Date.
7
<PAGE>
DISTRIBUTION OF ORIGINAL INITIAL
AND SUBSEQUENT LOAN-TO-VALUE RATIOS OF CONTRACTS
<TABLE>
<CAPTION>
AGGREGATE PRINCIPAL % OF CONTRACT POOL BY
NUMBER OF CONTRACTS BALANCE OUTSTANDING OUTSTANDING PRINCIPAL
LOAN-TO-VALUE RATIO (1) AS OF CUT-OFF DATE AS OF CUT-OFF DATE BALANCE AS OF CUT-OFF DATE
- ------------------------ ------------------- ------------------- --------------------------
<S> <C> <C> <C>
Less than 61%................ 779 $ 29,254,288.86 2.93%
61% to 65%................ 282 12,788,410.82 1.28
66% to 70%................ 429 20,306,563.46 2.03
71% to 75%................ 593 29,069,688.56 2.91
76% to 80%................ 2,029 84,401,724.06 8.44
81% to 85%................ 1,584 72,870,473.29 7.29
86% to 90%................ 7,963 345,847,992.84 34.58
91% to 95%................ 7,200 317,346,850.00 31.73
Over 95%................ 2,634 88,112,559.04 8.81
------ ----------------- ------
Total..................... 23,493 $ 999,998,550.93 100.00%
====== ================= ======
</TABLE>
- --------
(1) Rounded to the nearest 1%. The method of calculating loan-to-value ratios
is described in the Prospectus.
INITIAL AND SUBSEQUENT CONTRACT RATES
<TABLE>
<CAPTION>
AGGREGATE PRINCIPAL % OF CONTRACT POOL BY
RANGE OF CONTRACTS BY NUMBER OF CONTRACTS BALANCE OUTSTANDING OUTSTANDING PRINCIPAL
CONTRACT RATE AS OF CUT-OFF DATE AS OF CUT-OFF DATE BALANCE AS OF CUT-OFF DATE
--------------------- ------------------- ------------------- --------------------------
<S> <C> <C> <C>
0.00000% to 5.00000%....... 5 $ 507,049.17 .05%
5.00001% to 6.00000%....... 14 1,301,345.91 .13
6.00001% to 7.00000%....... 228 20,169,092.60 2.02
7.00001% to 8.00000%....... 2,215 181,842,044.43 18.18
8.00001% to 9.00000%....... 1,344 100,532,033.50 10.05
9.00001% to 10.00000%....... 2,529 139,625,203.48 13.96
10.00001% to 11.00000%....... 3,124 146,493,350.50 14.65
11.00001% to 12.00000%....... 3,560 136,473,364.23 13.65
12.00001% to 13.00000%....... 4,173 122,040,994.78 12.20
13.00001% to 14.00000%....... 2,704 74,781,964.39 7.48
14.00001% to 15.00000%....... 2,207 49,548,096.65 4.95
15.00001% to 16.00000%....... 809 17,310,559.17 1.73
16.00001% to 17.00000%....... 386 6,612,828.46 .66
Over 17.00000% 195 2,760,623.66 .28
------ ----------------- ------
Total..................... 23,493 $ 999,998,550.93 100.00%
====== ================= ======
</TABLE>
REMAINING MONTHS TO MATURITY OF INITIAL AND SUBSEQUENT CONTRACTS
<TABLE>
<CAPTION>
AGGREGATE PRINCIPAL % OF CONTRACT POOL BY
MONTHS REMAINING NUMBER OF CONTRACTS BALANCE OUTSTANDING OUTSTANDING PRINCIPAL
AS OF CUT-OFF DATE AS OF CUT-OFF DATE AS OF CUT-OFF DATE BALANCE AS OF CUT-OFF DATE
------------------ ------------------- ------------------- --------------------------
<S> <C> <C> <C>
Less than 31................. 59 $ 109,484.59 .01%
31 to 60................. 1,047 9,027,332.09 .90
61 to 90................. 387 5,082,399.45 .51
91 to 120................. 1,569 24,863,626.58 2.49
121 to 150................. 283 5,629,230.15 .56
151 to 180................. 2,363 54,155,886.82 5.42
181 to 210................. 22 696,759.19 .07
211 to 240................. 2,665 79,723,964.17 7.97
241 to 270................. 13 552,222.99 .06
271 to 300................. 1,861 65,205,918.58 6.52
301 to 330................. 16 980,223.38 .10
331 to 360................. 13,208 753,971,502.94 75.40
------ ----------------- ------
Total..................... 23,493 $ 999,998,550.93 100.00%
====== ================= ======
</TABLE>
8
