OAKWOOD MORTGAGE INVESTORS, INC. 1999-E
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: September-00
<TABLE>
<CAPTION>
Scheduled Principal Balance of Contracts
-----------------------------------------------------------------------------------------------------------------------------------
Beginning Ending
Principal Scheduled Prepaid Liquidated Contracts Principal
Balance Principal Principal Principal Repurchased Balance
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
273,978,600.47 (278,396.71) (1,180,187.26) (1,330,898.84) 0.00 271,189,117.66
===================================================================================================================================
<CAPTION>
Scheduled Principal Balance of Contracts
Scheduled Scheduled Amount
Gross Servicing Pass Thru Liquidation Available for
Interest Fee Interest Proceeds Distribution
-------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
2,197,697.56 228,315.50 1,969,382.06 934,070.33 4,590,351.86
=============================================================================================================
</TABLE>
<TABLE>
<CAPTION>
Certificate Account
-----------------------------------------------------------------------------------------------------------------------------------
Beginning Deposits Investment Ending
Balance Principal Interest Distributions Interest Balance
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
810,795.86 2,783,596.94 2,135,285.98 (3,623,216.21) 3,164.91 2,109,627.48
===================================================================================================================================
<CAPTION>
P&I Advances at Distribution Date
--------------------------------------------------------------------------------------
Beginning Recovered Current Ending
Balance Advances Advances Balance
--------------------------------------------------------------------------------------
<S> <C> <C> <C>
1,394,008.25 (1,394,008.25) 1,528,711.82 1,528,711.82
======================================================================================
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 1999-E
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: September-00
<TABLE>
<CAPTION>
Class B Crossover Test Test Met?
--------------------------------------------------------------------------------------- ---------------
<S> <C>
(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 10,907,216.26
---------------------
71,142,216.26
Divided by beginning pool
balance 273,978,600.47
---------------------
25.966% N
=====================
<CAPTION>
Average 60 day delinquency ratio:
Over 60s Pool Balance %
------------------------------------------------------------
<S> <C> <C> <C>
Current Mo 9,303,637.96 271,189,117.66 3.43%
1st Preceding Mo 9,355,834.62 273,978,600.47 3.41%
2nd Preceding Mo 7,938,264.61 275,418,305.04 2.88%
Divided by 3
---------------
3.24%
===============
Cumulative loss ratio:
Cumulative losses 1,007,378.06
------------------------
Divided by Initial Certificate Principal 293,828,355.98 0.343%
===============
Current realized loss ratio:
Liquidation Pool
Losses Balance
---------------------------------------------
Current Mo 396,828.51 273,978,600.47
1st Preceding Mo 161,392.61 275,418,305.04
2nd Preceding Mo 225,183.33 277,265,004.22
---------------------------------------------
783,404.45 275,553,969.91 1.137%
===============
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 1999-E
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: September-00
<TABLE>
<CAPTION>
Delinquency Analysis
31 to 59 days 60 to 89 days 90 days and Over
No. of Principal Principal Principal Principal
Loans Balance # Balance # Balance # Balance
------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Non Repos 5,283 267,527,609.42 107 4,581,506.64 39 1,614,303.87 72 4,027,825.85
Repos 86 3,661,508.24 0 0.00 4 147,055.41 82 3,514,452.83
------------------------------------------------------------------------------------------------------------------
Total 5,369 271,189,117.66 107 4,581,506.64 43 1,761,359.28 154 7,542,278.68
==================================================================================================================
<CAPTION>
Repossession Analysis
Active Repos Reversal Current Month
Total Delinq. Outstanding (Redemption) Repos Cumulative Repos
Principal Principal Principal Principal Principal
# Balance # Balance # Balance # Balance # Balance
--------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Non Repos 218 10,223,636.36 86 3,661,508.24 0 0.00 33 1,299,998.33 167 6,642,641.85
Repos 86 3,661,508.24
---------------------------
Total 304 13,885,144.60
===========================
5.7% 5.12%
===========================
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 1999-E
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: September-00
REPOSSESSION LIQUIDATION REPORT
<TABLE>
<CAPTION>
Liquidated
Account Customer Principal Sales Insur. Total Repossession
Number Name Balance Proceeds Refunds Proceeds Expenses
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
2037919 ANTHONY STEWART 39,257.66 41,750.00 0.00 41,750.00 11,052.50
2039139 KENNY J MCWITHEY 36,774.85 37,400.00 1,923.45 39,323.45 6,962.00
2039519 COOKIE L PROBY 31,452.79 30,500.00 439.70 30,939.70 6,755.00
2046654 ANDREA N MARTIN 29,657.50 24,500.00 44.22 24,544.22 6,575.00
2050656 DELTA ABADIE 33,997.85 31,900.00 841.06 32,741.06 6,797.00
2052579 MICHAEL L FLOYD 34,752.12 38,150.00 1,913.53 40,063.53 10,944.50
2053908 CHRISTINA R RAY 25,049.52 24,400.00 200.94 24,600.94 6,572.00
2055911 STEVEN A TRUITT 44,029.82 31,500.00 377.36 31,877.36 6,785.00
2059830 LEROY HANLEY 27,924.42 27,450.00 1,191.86 28,641.86 6,663.50
2065662 WENDELL R LAMBERT 45,944.47 40,500.00 1,636.29 42,136.29 7,055.00
2068401 RON W PRYOR 23,018.71 25,900.00 1,688.79 27,588.79 6,617.00
2070639 LAQUETTA FLUDD 32,374.74 33,900.00 1,608.88 35,508.88 6,857.00
2071025 INITA STEPHENS 20,490.56 24,150.00 218.77 24,368.77 6,564.50
2071702 LEOPOLDO SANTOYA 29,692.68 27,500.00 2,572.19 30,072.19 6,665.00
2074375 LISA A TATE 39,204.61 37,900.00 83.18 37,983.18 6,977.00
2076073 TIMOTHY J LUDWIG 35,702.32 36,400.00 470.42 36,870.42 6,932.00
2077055 JEREMY R MCCOWEN 70,213.07 61,999.00 3,728.72 65,727.72 11,659.97
2077675 JON P LIONCOURT 40,766.60 39,900.00 599.59 40,499.59 7,037.00
2077709 DAVID ALVAREZ 49,545.98 40,000.00 719.74 40,719.74 11,000.00
2078368 KERRI D EDGAR 45,216.42 38,900.00 1,353.42 40,253.42 7,007.00
2080828 RODNEY HOLMES 27,866.39 34,405.00 0.00 34,405.00 6,872.15
2086080 DALE DAY 40,021.35 41,400.00 1,367.59 42,767.59 7,082.00
2086627 JEFFREY F JANTZI 29,923.59 27,400.00 1,408.56 28,808.56 6,662.00
2086668 GREGORY KLUNK 70,109.06 71,150.00 0.00 71,150.00 11,934.50
2089126 KIM A STOUT 35,425.53 35,900.00 597.82 36,497.82 6,917.00
2092765 RUBY A BECKWITH 37,736.52 33,400.00 2,270.00 35,670.00 6,842.00
2094563 MICHAEL J CARR 30,535.97 31,200.00 126.96 31,326.96 6,776.00
2095883 CATHY LAMB 55,831.66 49,150.00 456.59 49,606.59 11,274.50
2099455 SHELDON M BUTLER 57,714.04 57,400.00 1,333.13 58,733.13 11,522.00
2019800 SON N BUI 75,663.82 60,000.00 1,484.60 61,484.60 11,600.00
2041184 MARGARET L JOHNSON 67,108.90 68,355.50 1,847.19 70,202.69 11,850.67
2042612 GARY CASEY 38,355.14 34,400.00 935.66 35,335.66 6,872.00
*2079697 JAMES FOWLER 29,540.18 30,308.66 30,308.66
0.00
0.00
0.00
0.00
0.00
---------------------------------------------------------------------------------------
1,330,898.84 1,238,759.50 63,748.87 1,302,508.37 259,682.79
=======================================================================================
<CAPTION>
Net Net Current
Account Liquidation Unrecov. Pass Thru Period Net Cumulative
Number Proceeds Advances FHA Ins Proceeds Gain/(Loss) Gain/(Loss)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
2037919 30,697.50 3,284.62 0.00 27,412.88 (11,844.78)
2039139 32,361.45 3,059.37 0.00 29,302.08 (7,472.77)
2039519 24,184.70 2,039.27 0.00 22,145.43 (9,307.36)
2046654 17,969.22 2,400.47 0.00 15,568.75 (14,088.75)
2050656 25,944.06 1,556.16 0.00 24,387.90 (9,609.95)
2052579 29,119.03 2,502.75 0.00 26,616.28 (8,135.84)
2053908 18,028.94 3,215.17 0.00 14,813.77 (10,235.75)
2055911 25,092.36 5,360.45 0.00 19,731.91 (24,297.91)
2059830 21,978.36 2,082.70 0.00 19,895.66 (8,028.76)
2065662 35,081.29 4,625.54 0.00 30,455.75 (15,488.72)
2068401 20,971.79 1,897.33 0.00 19,074.46 (3,944.25)
2070639 28,651.88 2,738.18 0.00 25,913.70 (6,461.04)
2071025 17,804.27 1,854.41 0.00 15,949.86 (4,540.70)
2071702 23,407.19 2,371.26 0.00 21,035.93 (8,656.75)
2074375 31,006.18 3,193.34 0.00 27,812.84 (11,391.77)
2076073 29,938.42 3,914.08 0.00 26,024.34 (9,677.98)
2077055 54,067.75 7,223.73 0.00 46,844.02 (23,369.05)
2077675 33,462.59 5,068.18 0.00 28,394.41 (12,372.19)
2077709 29,719.74 3,970.55 0.00 25,749.19 (23,796.79)
2078368 33,246.42 3,342.90 0.00 29,903.52 (15,312.90)
2080828 27,532.85 3,646.61 0.00 23,886.24 (3,980.15)
2086080 35,685.59 4,289.63 0.00 31,395.96 (8,625.39)
2086627 22,146.56 2,361.52 0.00 19,785.04 (10,138.55)
2086668 59,215.50 1,970.64 0.00 57,244.86 (12,864.20)
2089126 29,580.82 2,411.43 0.00 27,169.39 (8,256.14)
2092765 28,828.00 2,699.66 0.00 26,128.34 (11,608.18)
2094563 24,550.96 3,080.86 0.00 21,470.10 (9,065.87)
2095883 38,332.09 4,915.00 0.00 33,417.09 (22,414.57)
2099455 47,211.13 4,599.66 0.00 42,611.47 (15,102.57)
2019800 49,884.60 3,511.25 0.00 46,373.35 (29,290.47)
2041184 58,352.02 4,442.80 0.00 53,909.22 (13,199.68)
2042612 28,463.66 2,935.91 0.00 25,527.75 (12,827.39)
*2079697 30,308.66 2,189.82 28,118.84 (1,421.34)
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
---------------------------------------------------------------------------------------------
1,042,825.58 108,755.25 0.00 934,070.33 (396,828.51) (1,007,378.06)
================================================================================================================
</TABLE>
**LOAN CHARGE OFF
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 1999-E
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: September-00
CERTIFICATE PRINCIPAL ANALYSIS
<TABLE>
<CAPTION>
PRINCIPAL
Beginning Beginning
Senior Original Certificate Certificate Principal Shortfall Current Principal Current
Certificates Balance Balance Carry-Over Due Principal Paid
<S> <C> <C> <C> <C> <C>
A-1 224,778,000.00 202,836,384.21 0.00 2,789,482.81 2,789,482.81
--------------------------------------------------------------------------------------------------------
Total Certificate Principal
Bal. 224,778,000.00 202,836,384.21 0.00 2,789,482.81 2,789,482.81
========================================================================================================
Beginning Beginning
Subordinate Original Certificate Certificate Principal Shortfall Current Principal Current
Certificates Balance Balance Carry-Over Due Principal Paid
M-1 18,658,000.00 18,658,000.00 0.00 0.00 0.00
M-1 Outstanding Writedown 0.00
M-2 11,166,000.00 11,166,000.00 0.00 0.00 0.00
M-2 Outstanding Writedown 0.00
B-1 13,516,000.00 13,516,000.00 0.00 0.00 0.00
B-1 Outstanding Writedown 0.00
B-2 16,895,000.00 16,895,000.00 0.00 0.00 0.00
B-2 Outstanding Writedown 0.00
Excess Asset Principal
Balance 8,815,355.98 10,907,216.26
--------------------------------------------------------------------------------------------------------
Total Excluding Writedown
Balances 69,050,355.98 71,142,216.26 0.00 0.00 0.00
========================================================================================================
All Certificates Excluding
Writedown Balances 293,828,355.98 273,978,600.47 0.00 2,789,482.81 2,789,482.81
========================================================================================================
<CAPTION>
PRINCIPAL Accelerated
Ending Principal Principal Ending Principal Paid
Senior Shortfall Carry- Distribution Certificate Per $1,000
Certificates Over Amount Balance Pool Factor Denomination
<S> <C> <C> <C> <C> <C>
A-1 0.00 0.00 200,046,901.40 88.99754% 12.40995
-----------------------------------------------------------
Total Certificate Principal
Bal. 0.00 0.00 200,046,901.40
===========================================================
Accelerated
Ending Principal Current Principal Ending Principal Paid
Subordinate Shortfall Carry- Writedown/ Distribution Certificate Per $1,000
Certificates Over (Writeup) Amount Balance Pool Factor Denomination
M-1 0.00 0.00 18,658,000.00 100.00000% 0.00000
M-1 Outstanding Writedown 0.00 0.00
M-2 0.00 0.00 11,166,000.00 100.00000% 0.00000
M-2 Outstanding Writedown 0.00 0.00
B-1 0.00 0.00 13,516,000.00 100.00000% 0.00000
B-1 Outstanding Writedown 0.00 0.00
B-2 0.00 0.00 16,895,000.00 100.00000% 0.00000
B-2 Outstanding Writedown 0.00 0.00
Excess Asset Principal
Balance 0.00 10,907,216.26
---------------------------------------------------------------------------
Total Excluding Writedown
Balances 0.00 0.00 0.00 71,142,216.26
===========================================================================
All Certificates Excluding
Writedown Balances 0.00 0.00 0.00 271,189,117.66
===========================================================================
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 1999-E
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MO. MONTH September-00
CERTIFICATE INTEREST ANALYSIS
<TABLE>
<CAPTION>
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
<S> <C> <C> <C> <C> <C> <C>
A-1 7.6080% 0.00 1,285,982.68 0.00 1,285,982.68 0.00
----------------------------------------------------------------------------------------------------
Total 0.00 1,285,982.68 0.00 1,285,982.68 0.00
====================================================================================================
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 2,702,409.83 303,903.86 0.00 0.00 3,006,313.69
R 0.00 0.00 0.00 0.00 0.00
Service Fee 1.0000% 0.00 228,315.50 0.00 135,390.85 92,924.65
------------------------------------------------------------------------------------------------------------------
Total 2,702,409.83 911,714.88 0.00 514,886.37 3,099,238.34
==================================================================================================================
All Certificates 2,702,409.83 2,197,697.56 0.00 1,800,869.05 3,099,238.34
===================================================================================================================================
<CAPTION>
Interest
Paid Per
Senior $1,000 Total Class
Certificates Denomination Distribution
<S> <C> <C> <C> <C> <C>
A-1 5.72112 4,075,465.49
--------------------
Total 4,075,465.49
====================
Beginning Current Ending Interest
Carry-Over Current Carry-Over Carry-Over Paid Per
Subordinate Writedown Writedown Writedown Writedown Writedown $1,000
Certificates Int. Balance Int. Accrued Int. Accrued Interest Paid Int. Balance Denomination
M-1 0.00 0.00 0.00 0.00 0.00 6.91417
M-2 0.00 0.00 0.00 0.00 0.00 7.00000
B-1 0.00 0.00 0.00 0.00 0.00 6.50000
B-2 0.00 0.00 0.00 0.00 0.00 5.00000
X
R
Service Fee
----------------------------------------------------------------------------------------------
Total 0.00 0.00 0.00 0.00 0.00
==============================================================================================
All Certificates 0.00 0.00 0.00 0.00 0.00
==============================================================================================================
Cumulative X Interest Shortfall
Cumulative Accelerated Prin. Disb.
<CAPTION>
Senior
Certificates
<S> <C>
A-1
Total
Subordinate Total Class
Certificates Distribution
M-1 129,004.52
M-2 78,162.00
B-1 87,854.00
B-2 84,475.00
X 0.00
R 0.00
Service Fee 135,390.85
-------------------
Total 514,886.37
===================
All Certificates 4,590,351.86
===================================
3,006,313.69
(2,091,860.28)
-------------------
914,453.41
===================
</TABLE>