|
|
|
|
|
|
|
|
|
|
|
|
|
|
Previous: RESIDENTIAL ASSET MORTGAGE PRODUCTS INC, 8-K, 2000-07-25 |
Next: HOMEGROCER COM INC, 425, 2000-07-25 |
Home Equity Loan-Backed Term Notes, GMACM Series 2000-2, Class A-1
Payment Date 07/25/2000
<TABLE>
<CAPTION>
Servicing Certificate
<S> <C> <C> <C>
Beginning Pool Balance 335,441,282.78
Ending Pool Balance 334,285,125.77
Principal Collections 13,855,036.73
Principal Draws 12,698,879.72
Net Principal Collections 1,156,157.01
Current Month Repurchases
-
Current Month Repurchases - Due to Delinquency
-
Mortgage Loan Principal balance current period 334,285,125.77
Interest earned on Pre-Funding Account 40,016.51
Interest earned on Funding Account -
Interest Collections 2,142,707.54
Excess Spread 0.00
Active Loan Count 12,810
Net Loan Rate 8.88634%
Substitution Adjustment Amount 0.00
Note Rate 6.8938%
Term Notes Amount Factor
Beginning Balance 451,475,000.00 1.0000000
Ending Balance 451,475,000.00 1.0000000
Principal 0.00 0.0000000
Interest 2,247,812.51 124.4704862
Interest Shortfall 0.00 0.0000000
Security Percentage 100.00%
Variable Funding Notes Amount
Beginning Balance 0.00
Ending Balance 0.00
Principal 0.00
Interest 0.00
Interest Shortfall 0.00
Security Percentage 0.00%
Certificates 0.00
Funding Account Balance Total Amount
Beginning Balance 0.00
Prior Month Principal Collections deposit 0.00
Prior Month Overcollateralization deposit 0.00
Withdraw for Prior month interest earned 0.00
Interest Earned on Funding Account 0.00
Additional Balances/Subsequent Loan Transfer 0.00
Total Ending Balance as of Collection Period 0.00
Total Funding Account Deposit (including Net Principal 1,156,157.01
and Over-Collateralization)
Current Month Net Principal Collections 1,156,157.01
Current Month Subsequent Transfer Loan Acquired 0.00
Additional Balances Acquired 0.00
Pre-Funding Account Balance
Beginning Balance 116,033,717.22
Interest Earned on Prefunding Account 40,016.51
Prior Month Interest Earned transferred to Capitalized 0.00
Interest Account
Current Month Subsequent Transfer Loan Acquired 0.00
Total Ending Balance 116,073,733.73
Capitalized Interest Account Balance
Beginning Balance 1,063,624.05
Interest Earned 183.59
Prior Month Interest Earned on Pre-Funding Account 0.00
Amount transferred to Norwest 0.00
Total Ending Balance 1,063,807.64
Beginning Overcollateralization Amount 0.00
Overcollateralization Amount Increase (Decrease) 0.00
Outstanding Overcollaterization Amount
-
Target Amount 7,900,812.50
Credit Enhancement Draw Amount 0.00
Unreimbursed Prior Draws 0.00
Has a Rapid Amortization Event Occurred? No
Has a Managed Amortization Event Occurred? No
Has a Servicing Default Occurred ? No
Number Percent
Balance of Loans of Balance
Delinquent Loans (30 Days) 1,003,571.77 42 0.30%
Delinquent Loans (60 Days) 0.00 0 0.00%
Delinquent Loans (90+ Days) (1) 0.00 0 0.00%
Foreclosed Loans 0.00 0 0.00%
REO 0.00 0 0.00%
(1) 90+ Figures Include Foreclosures and REO
Percent
Liquidation To-Date of Balance
Beginning Loss Amount 0.00
Current Month Loss Amount 0.00 0.00%
Ending Loss Amount 0.00
</TABLE>
<PAGE>
Home Equity Loan-Backed Term Notes, GMACM Series 2000-2, Class A-2
Payment Date 07/25/2000
<TABLE>
<CAPTION>
Servicing Certificate
<S> <C> <C> <C>
Beginning Pool Balance 51,915,221.94
Ending Pool Balance 50,368,580.79
Principal Collections 3,677,621.27
Principal Draws 2,130,980.12
Net Principal Collections 1,546,641.15
Current Month Repurchases -
Current Month Repurchases - Due to Delinquency -
Mortgage Loan Principal balance current period 50,368,580.79
Interest earned on Pre-Funding Account 4,510.60
Interest earned on Funding Account
-
Interest Collections 316,707.88
Excess Spread 0.00
Active Loan Count 786
Net Loan Rate 8.37469%
Substitution Adjustment Amount 0.00
Note Rate 6.9638%
Term Notes Amount Factor
Beginning Balance 65,000,000.00 1.0000000
Ending Balance 65,000,000.00 1.0000000
Principal 0.00 0.0000000
Interest 326,909.38 125.7343769
Interest Shortfall 0.00 0.0000000
Security Percentage 100.00%
Variable Funding Notes Amount
Beginning Balance 0.00
Ending Balance 0.00
Principal 0.00
Interest 0.00
Interest Shortfall 0.00
Security Percentage 0.00%
Certificates 0.00
Funding Account Balance Total Amount
Beginning Balance 0.00
Prior Month Principal Collections deposit 0.00
Prior Month Overcollateralization deposit 0.00
Withdraw for Prior month interest earned 0.00
Interest Earned on Funding Account 0.00
Additional Balances/Subsequent Loan Transfer 0.00
Total Ending Balance as of Collection Period 0.00
Total Funding Account Deposit (including Net 1,546,641.15 (Update)
Principal and Over-Collateralization)
Current Month Net Principal Collections 1,546,641.15
Current Month Subsequent Transfer Loan Acquired 0.00
Additional Balances Acquired 0.00
Pre-Funding Account Balance
Beginning Balance 13,084,778.06
Interest Earned on Prefunding Account 4,510.60
Prior Month Interest Earned transferred to 0.00
Capitalized Interest Account
Current Month Subsequent Transfer Loan Acquired 0.00
Total Ending Balance 13,089,288.66
Capitalized Interest Account Balance
Beginning Balance 119,889.97
Interest Earned 20.69
Prior Month Interest Earned on Pre-Funding Account 0.00
Amount transferred to Norwest 0.00
Total Ending Balance 119,910.66
Beginning Overcollateralization Amount 0.00
Overcollateralization Amount Increase (Decrease) 0.00
Outstanding Overcollaterization Amount -
Target Amount 1,137,500.00
Credit Enhancement Draw Amount 0.00
Unreimbursed Prior Draws 0.00
Has a Rapid Amortization Event Occurred? No
Has a Managed Amortization Event Occurred? No
Has a Servicing Default Occurred ? No
Number Percent
Balance of Loans of Balance
Delinquent Loans (30 Days) 2 0.43%
215,053.89
Delinquent Loans (60 Days) 0 0.00%
-
Delinquent Loans (90+ Days) (1) 0.00 0 0.00%
Foreclosed Loans 0.00 0 0.00%
REO 0.00 0 0.00%
(1) 90+ Figures Include Foreclosures and REO
Percent
Liquidation To-Date of Balance
Beginning Loss Amount 0.00
Current Month Loss Amount 0.00 0.00%
Ending Loss Amount 0.00
</TABLE>
|
|