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OAKWOOD MORTGAGE INVESTORS, INC. 1999-E
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: July-00
<TABLE>
<CAPTION>
<S> <C>
Scheduled Principal Balance of Contracts
--------------------------------------------------------------------------------------------------------------------
Beginning Ending Scheduled
Principal Scheduled Prepaid Liquidated Contracts Principal Gross
Balance Principal Principal Principal Repurchased Balance Interest
--------------------------------------------------------------------------------------------------------------------
277,265,004.22 (283,083.91) (989,356.23) (574,259.04) 0.00 275,418,305.04 2,188,882.88
====================================================================================================================
Scheduled Amount
Servicing Pass Thru Liquidation Available for
Fee Interest Proceeds Distribution
---------------------------------------------------------------------------------
231,054.17 1,957,828.71 349,075.71 3,810,398.73
=================================================================================
Certificate Account
----------------------------------------------------------------------------------------------------------------------
Beginning Deposits Investment Ending
Balance Principal Interest Distributions Interest Balance
----------------------------------------------------------------------------------------------------------------------
895,247.53 1,843,573.63 2,166,906.19 (3,602,021.77) 3,637.89 1,307,343.47
======================================================================================================================
P&I Advances at Distribution Date
----------------------------------------------------------------------------------
Beginning Recovered Current Ending
Balance Advances Advances Balance
-----------------------------------------------------------------------------------
1,035,062.07 (1,015,373.03) 1,424,131.61 1,443,820.65
===================================================================================
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 1999-E REPORT DATE: 8/7/00
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: July-00
<TABLE>
<CAPTION>
<S> <C>
Class B Crossover Test Test Met?
------------------------------------------------------------ ---------------
(a) Remittance date on or after June 2004 N
(b) Average 60 day Delinquency rate <= 5.5% Y
(d) Cumulative losses do not exceed the following
percent of the intitial principal balance of all Certificates
June 2004 - Nov. 2005 7% N
Dec. 2005 - Nov. 2006 8% N
Dec. 2006 - May 2008 9.5% N
June 2008 and After 10.5% N
(e) Current realized loss ratio <= 3.00% Y
(f) Does subordinated cert. percentage equal or
exceed 42.888%
of stated scheduled pool balance
Beginning M balances 29,824,000.00
Beginning B balances 30,411,000.00
Overcollateralization 10,748,975.56
---------------------
70,983,975.56
Divided by beginning pool
balance 277,265,004.22
---------------------
25.601% N
=====================
Average 60 day delinquency ratio:
Over 60s Pool Balance %
------------------------------------------------------------
Current Mo 7,938,264.61 275,418,305.04 2.88%
1st Preceding Mo 7,294,552.56 277,265,004.22 2.63%
2nd Preceding Mo 5,625,878.42 278,663,842.52 2.02%
Divided by 3
---------------
2.51%
===============
Cumulative loss ratio:
Cumulative losses 449,156.94
------------------------
Divided by Initial Certificate Principal 293,828,355.98 0.153%
===============
Current realized loss ratio:
Liquidation Pool
Losses Balance
---------------------------------------------
Current Mo 225,183.33 277,265,004.22
1st Preceding Mo 137,367.54 278,663,842.52
2nd Preceding Mo 30,451.80 279,820,985.88
---------------------------------------------
393,002.67 278,583,277.54 0.564%
===============
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 1999-E
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: July-00
<TABLE>
<CAPTION>
<S> <C>
Delinquency Analysis
31 to 59 days 60 to 89 days 90 days and Over Total Delinq.
No. of Principal Principal Principal Principal Principal
Loans Balance # Balance # Balance # Balance # Balance
-------------------------------------------------------------------------------------------------------------------------
Non Repos 5,377 272,138,129.78 105 4,296,551.16 43 2,132,609.54 48 2,566,397.03 196 8,995,557.73
Repos 77 3,280,175.26 1 40,917.22 4 196,290.84 72 3,042,967.20 77 3,280,175.26
-------------------------------------------------------------------------------------------------------------------------
Total 5,454 275,418,305.04 106 4,337,468.38 47 2,328,900.38 120 5,609,364.23 273 12,275,732.99
=========================================================================================================================
5.0% 4.46
===================
Repossession Analysis
Active Repos Reversal Current Month
Outstanding (Redemption) Repos Cumulative Repos
Principal Principal Principal Principal
# Balance # Balance # Balance # Balance
------------------------------------------------------------------------------------------------
77 3,280,175.26 0 0.00 20 820,634.28 111 4,470,809.25
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 1999-E
REPORTING MONTH: July-00
REPOSSESSION LIQUIDATION REPORT
<TABLE>
<CAPTION>
<S> <C>
Liquidated Net
Account Customer Principal Sales Insur. Total Repossession Liquidation
Number Name Balance Proceeds Refunds Proceeds Expenses Proceeds
------------------------------------------------------------------------------------------------------------------------------------
2036952 CHRISTOPHER A RICHARD 21,021.55 9,000.00 804.97 9,804.97 1,100.00 8,704.97
2038321 KATRINA GILLIAN 24,337.06 18,000.00 270.32 18,270.32 6,390.00 11,880.32
2040129 ROZELL DAVIS 14,192.25 2,500.00 0.00 2,500.00 2,450.00 50.00
2044667 MELISSA S RITCHIE 29,966.70 31,400.00 0.00 31,400.00 6,792.00 24,608.00
2047769 DONALDSON C GRAY JR 19,279.37 20,400.00 80.79 20,480.79 6,462.00 14,018.79
2049161 ENRIQUE R PONCE 32,775.43 28,490.00 192.25 28,682.25 6,704.70 21,977.55
2051050 YOLANDA M FERNANDEZ 18,702.66 20,250.00 1,518.43 21,768.43 6,457.50 15,310.93
2052124 JOHNNY M WHITMIRE 26,217.02 25,500.00 1,069.86 26,569.86 6,615.00 19,954.86
2055861 MICHAEL G WILLIAMS 45,647.52 42,150.00 217.09 42,367.09 10,879.50 31,487.59
2064053 SHIVISHIE WILSON 28,104.80 27,400.00 199.11 27,599.11 6,672.00 20,927.11
2065852 MICHAEL CHRISTIAN 11,980.73 1,100.00 324.59 1,424.59 1,100.00 324.59
2070571 ROBERT W PETERSON 16,722.84 16,900.00 529.73 17,429.73 6,357.00 11,072.73
2070662 RICKEY L OSTEEN 66,832.36 59,650.00 1,652.56 61,302.56 11,404.50 49,898.06
2074987 RICKY L MASON 28,892.91 26,000.00 0.00 26,000.00 6,630.00 19,370.00
2075158 WILLIAM T BOGGS 31,086.38 25,400.00 1,248.96 26,648.96 6,612.00 20,036.96
2085314 NOEL G MOCABEE 65,663.07 64,500.00 0.00 64,500.00 11,550.00 52,950.00
2085389 MIKE VETOR 36,296.87 34,257.41 0.00 34,257.41 6,877.72 27,379.69
2048643 BRENDA L SMALLWOOD 36,426.18 35,100.00 712.34 35,812.34 6,903.00 28,909.34
**2056968 CHRIS MULHOLLAND 20,113.34 20,061.47 20,061.47 20,061.47
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
--------------------------------------------------------------------------------------------
574,259.04 508,058.88 8,821.00 516,879.88 117,956.92 398,922.96
============================================================================================
Net Current
Account Customer Unrecov. Pass Thru Period Net Cumulative
Number Name Advances FHA Ins Proceeds Gain/(Loss) Gain/(Loss)
-------------------------------------------------------------------------------------------------------------------------------
2036952 CHRISTOPHER A RICHARD 2,127.53 0.00 6,577.44 (14,444.11)
2038321 KATRINA GILLIAN 2,798.65 0.00 9,081.67 (15,255.39)
2040129 ROZELL DAVIS 1,756.83 0.00 (1,706.83) (15,899.08)
2044667 MELISSA S RITCHIE 2,505.34 0.00 22,102.66 (7,864.04)
2047769 DONALDSON C GRAY JR 1,738.03 0.00 12,280.76 (6,998.61)
2049161 ENRIQUE R PONCE 3,300.58 0.00 18,676.97 (14,098.46)
2051050 YOLANDA M FERNANDEZ 2,511.59 0.00 12,799.34 (5,903.32)
2052124 JOHNNY M WHITMIRE 3,533.78 0.00 16,421.08 (9,795.94)
2055861 MICHAEL G WILLIAMS 3,719.27 0.00 27,768.32 (17,879.20)
2064053 SHIVISHIE WILSON 2,665.43 0.00 18,261.68 (9,843.12)
2065852 MICHAEL CHRISTIAN 1,407.01 0.00 (1,082.42) (13,063.15)
2070571 ROBERT W PETERSON 1,904.56 0.00 9,168.17 (7,554.67)
2070662 RICKEY L OSTEEN 4,679.45 0.00 45,218.61 (21,613.75)
2074987 RICKY L MASON 3,830.12 0.00 15,539.88 (13,353.03)
2075158 WILLIAM T BOGGS 1,901.52 0.00 18,135.44 (12,950.94)
2085314 NOEL G MOCABEE 3,759.80 0.00 49,190.20 (16,472.87)
2085389 MIKE VETOR 3,106.16 0.00 24,273.53 (12,023.34)
2048643 BRENDA L SMALLWOOD 2,430.92 0.00 26,478.42 (9,947.76)
**2056968 CHRIS MULHOLLAND 170.68 19,890.79 (222.55)
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
-----------------------------------------------------------------------
49,847.25 0.00 349,075.71 (225,183.33) (449,156.94)
=======================================================================================
**LOAN CHARGE OFF
#DIV/0!
===================
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 1999-E
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: July-00
CERTIFICATE PRINCIPAL ANALYSIS
<TABLE>
<CAPTION>
<S> <C>
PRINCIPAL
Beginning Beginning
Senior Original Certificate Certificate Principal Shortfall Current Principal Current
Certificates Balance Balance Carry-Over Due Principal Paid
A-1 224,778,000.00 206,281,028.66 0.00 1,846,699.18 1,846,699.18
--------------------------------------------------------------------------------------------------
Total Certificate Principal Bal. 224,778,000.00 206,281,028.66 0.00 1,846,699.18 1,846,699.18
==================================================================================================
PRINCIPAL Accelerated
Ending Principal Principal Ending Principal Paid
Senior Shortfall Carry- Distribution Certificate Per $1,000
Certificates Over Amount Balance Pool Factor Denomination
A-1 0.00 45,328.14 204,389,001.34 90.92927% 8.41732
----------------------------------------------------------------
Total Certificate Principal Bal. 0.00 45,328.14 204,389,001.34
================================================================
Beginning Beginning
Subordinate Original Certificate Certificate Principal Shortfall Current Principal
Certificates Balance Balance Carry-Over Due
M-1 18,658,000.00 18,658,000.00 0.00 0.00
M-1 Outstanding Writedown 0.00
M-2 11,166,000.00 11,166,000.00 0.00 0.00
M-2 Outstanding Writedown 0.00
B-1 13,516,000.00 13,516,000.00 0.00 0.00
B-1 Outstanding Writedown 0.00
B-2 16,895,000.00 16,895,000.00 0.00 0.00
B-2 Outstanding Writedown 0.00
Excess Asset Principal Balance 8,815,355.98 10,748,975.56
----------------------------------------------------------------------------------
Total Excluding Writedown Balances 69,050,355.98 70,983,975.56 0.00 0.00
==================================================================================
All Certificates Excluding Writedown Balances 293,828,355.98 277,265,004.22 0.00 1,846,699.18
==================================================================================
Accelerated
Ending Principal Current Principal Ending
Subordinate Current Shortfall Carry- Writedown/ Distribution Certificate
Certificates Principal Paid Over (Writeup) Amount Balance
M-1 0.00 0.00 0.00 18,658,000.00
M-1 Outstanding Writedown 0.00 0.00
M-2 0.00 0.00 0.00 11,166,000.00
M-2 Outstanding Writedown 0.00 0.00
B-1 0.00 0.00 0.00 13,516,000.00
B-1 Outstanding Writedown 0.00 0.00
B-2 0.00 0.00 0.00 16,895,000.00
B-2 Outstanding Writedown 0.00 0.00
Excess Asset Principal Balance (45,328.14) 10,794,303.70
--------------------------------------------------------------------------------
Total Excluding Writedown Balances 0.00 0.00 0.00 (45,328.14) 71,029,303.70
================================================================================
All Certificates Excluding Writedown Balances 1,846,699.18 0.00 0.00 0.00 275,418,305.04
================================================================================
Principal Paid
Subordinate Per $1,000
Certificates Pool Factor Denomination
M-1 100.00000% 0.00000
M-1 Outstanding Writedown
M-2 100.00000% 0.00000
M-2 Outstanding Writedown
B-1 100.00000% 0.00000
B-1 Outstanding Writedown
B-2 100.00000% 0.00000
B-2 Outstanding Writedown
Excess Asset Principal Balance
Total Excluding Writedown Balances
All Certificates Excluding Writedown Balances
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 1999-E
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MO. MONTH July-00
<TABLE>
<CAPTION>
<S> <C>
CERTIFICATE INTEREST ANALYSIS
Current
Pass Beginning Carry- Carry-Over Ending
Senior Through Over Priority Current Priority Priority Interest Carry-Over
Certificates Rate Interest Balance Interest Accrual Accrual Paid Balance
A-1 7.6080% 0.00 1,307,821.72 0.00 1,307,821.72 0.00
---------------------------------------------------------------------------------------
Total 0.00 1,307,821.72 0.00 1,307,821.72 0.00
=======================================================================================
Interest
Paid Per
Senior $1,000 Total Class
Certificates Denomination Distribution
A-1 5.81828 3,199,849.04
-------------------------
Total 3,199,849.04
=========================
Current Ending
Pass Beginning Carry- Carry-Over Carry-Over
Subordinate Through Over Priority Current Priority Priority Interest Priority Interest Priority Interest
Certificates Rate Interest Balance Interest Accured Accured Paid Balance
M-1 8.2970% 0.00 129,004.52 0.00 129,004.52 0.00
M-2 8.4000% 0.00 78,162.00 0.00 78,162.00 0.00
B-1 7.8000% 0.00 87,854.00 0.00 87,854.00 0.00
B-2 6.0000% 0.00 84,475.00 0.00 84,475.00 0.00
X 2,157,593.19 270,511.47 0.00 0.00 2,428,104.66
R 0.00 0.00 0.00 0.00 0.00
Service Fee 1.0000% 0.00 231,054.17 0.00 231,054.17 0.00
-------------------------------------------------------------------------------------------------------------------
Total 2,157,593.19 881,061.16 0.00 610,549.69 2,428,104.66
===================================================================================================================
All Certificates 2,157,593.19 2,188,882.88 0.00 1,918,371.41 2,428,104.66
===================================================================================================================
Beginning Current Ending Interest
Carry-Over Current Carry-Over Carry-Over Paid Per
Subordinate Writedown Writedown Writedown Writedown Writedown $1,000 Total Class
Certificates Int. Balance Int. Accrued Int. Accrued Interest Paid Int. Balance Denomination Distribution
M-1 0.00 0.00 0.00 0.00 0.00 6.91417 129,004.52
M-2 0.00 0.00 0.00 0.00 0.00 7.00000 78,162.00
B-1 0.00 0.00 0.00 0.00 0.00 6.50000 87,854.00
B-2 0.00 0.00 0.00 0.00 0.00 5.00000 84,475.00
X 0.00
R 0.00
Service Fee 231,054.17
---------------------------------------------------------------------------------- -------------------
Total 0.00 0.00 0.00 0.00 0.00 610,549.69
================================================================================== ===================
All Certificates 0.00 0.00 0.00 0.00 0.00 3,810,398.73
================================================================================== ===================
Cumulative X Interest Shortfall 2,428,104.66
Cumulative Accelerated Prin. Disb. (1,978,947.72)
--------------
449,158.84
</TABLE>
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