Oakwood Mortgage Investors, Inc. 1999-E
Oakwood Acceptance Corp. - Servicer
Fiscal Year Ended Series Report
Reporting: Fiscal Year 2000
Note: This fiscal year-end series report, reports information on the assets
included in OMI Trust 1999-E as of the end of the prepayment period that began
on November 1, 1999 and ended on September 30, 2000 and as of the end of the
collection period that began on November 2, 1999 and ended on October 1, 2000.
Accordingly, the information presented with regard to the certificates reflects
information as of the close of business on October 15, 2000, which is the
distribution date on which collections made and losses incurred during such
prepayment period and collection period were passed through to
certificateholders
<TABLE>
<CAPTION>
Scheduled Principal Balance of Contracts
--------------------------------------------------------------------------------------------------
Beginning Ending Scheduled
Principal Scheduled Prepaid Liquidated Contracts Principal Gross Servicing
Balance Principal Principal Principal Repurchased Balance Interest Fee
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
293,828,355.98 (3,062,288.69) (16,474,133.08) (3,102,816.55) 0.00 271,189,117.66 24,569,049.62 2,586,848.26
====================================================================================================================================
Scheduled Amount
Pass Thru Liquidation Reserve Available for Limited Total
Interest Proceeds Fund Draw Distribution Guarantee Distribution
--------------------------------------------------------------------------------------------------------------------------
21,982,201.36 2,095,438.49 0.00 46,200,909.88 0.00 46,200,909.88
==========================================================================================================================
Certificate Account
-----------------------------------------------------------------------------------------------------------------------------------
Beginning Deposits Investment Ending
Balance Principal Interest Distributions Interest Balance
-----------------------------------------------------------------------------------------------------------------------------------
0.00 21,662,832.57 22,664,737.57 (42,273,180.51) 55,237.85 2,109,627.48
===================================================================================================================================
P&I Advances at Distribution Date
-----------------------------------------------------------------------------------
Beginning Recovered Current Ending
Balance Advances Advances Balance
-----------------------------------------------------------------------------------
0.00 (8,662,782.95) 10,191,494.77 1,528,711.82
===================================================================================
</TABLE>
<PAGE>
Oakwood Mortgage Investors, Inc. 1999-E
Oakwood Acceptance Corp. - Servicer
Fiscal Year Ended Series Report
Reporting: Fiscal Year 2000
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Repo Properties Brought Aggregate Repo Properties in
Gross Repossessions Current by Borrower Net Current Repos Trust at Month-End
# Principal Balance # Principal Balance # Principal Balance # Principal Balance
-----------------------------------------------------------------------------------------------------------------
Nov-99 0 0.00 0 0.00 0 0.00 0 0.00
Dec-99 2 79,967.14 0 0.00 2 79,967.14 2 79,967.14
Jan-00 3 114,336.80 0 0.00 1 34,369.66 3 114,336.80
Feb-00 9 350,523.79 0 0.00 6 236,293.99 9 350,630.79
Mar-00 29 1,187,160.82 0 0.00 21 855,263.84 30 1,205,894.63
Apr-00 42 1,553,667.95 -1 (56,879.14) 17 578,586.35 46 1,727,601.84
May-00 54 1,990,829.79 0 0.00 14 532,001.84 60 2,259,603.68
Jun-00 75 3,020,647.40 0 0.00 31 1,390,571.29 91 3,650,174.97
Jul-00 77 3,280,175.26 0 0.00 20 820,634.28 111 4,470,809.25
Aug-00 85 3,636,429.84 0 0.00 23 871,834.27 134 5,342,643.52
Sep-00 86 3,661,508.24 0 0.00 33 1,299,998.33 167 6,642,641.85
----------------------------------------------------------------------------------------------------------------
Total of month
end balance 462 18,875,247.03 -1 (56,879.14) 168 6,699,520.99 653 25,844,304.47
================================================================================================================
Average month
end balance 42 1,715,931.55 0 (5,170.83) 15 609,047.36 59 2,349,482.22
================================================================================================================
</TABLE>
<PAGE>
Oakwood Mortgage Investors, Inc. 1999-E
Oakwood Acceptance Corp. - Servicer
Fiscal Year Ended Series Report
Reporting: Fiscal Year 2000
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Delinquency Analysis
31 to 59 days 60 to 89 days 90 days and Over Total Delinq.
No. of Principal Principal Principal Principal
Loans Balance # Balance # Balance # Balance
------------------------------------------------------------------------------------------------------------
Nov-99 43 2,033,183.53 0 0.00 0 0.00 43 2,033,183.53
Dec-99 79 3,154,071.08 14 656,623.39 0 0.00 93 3,810,694.47
Jan-00 94 4,146,201.08 31 1,213,080.50 11 561,305.43 136 5,920,587.01
Feb-00 83 3,423,627.35 37 1,950,481.46 27 1,120,077.10 147 6,494,185.91
Mar-00 58 2,422,844.59 36 1,574,680.70 54 2,500,929.79 148 6,498,455.08
Apr-00 94 3,829,099.24 26 1,207,732.00 73 3,371,630.03 193 8,408,461.27
May-00 104 4,095,349.72 39 1,785,511.82 84 3,840,366.60 227 9,721,228.14
Jun-00 84 3,405,278.25 58 2,590,961.19 104 4,703,591.37 246 10,699,830.81
Jul-00 106 4,337,468.38 47 2,328,900.38 120 5,609,364.23 273 12,275,732.99
Aug-00 97 3,921,207.29 58 2,458,427.35 139 6,897,407.27 294 13,277,041.91
Sep-00 107 4,581,506.64 43 1,761,359.28 154 7,542,278.68 304 13,885,144.60
------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
Total of month
end balance 949 39,349,837.15 389 17,527,758.07 766 36,146,950.50 2,104 93,024,545.72
=======================================================================================================
Average month
end balance 86 3,577,257.92 35 1,593,432.55 70 3,286,086.41 191 8,456,776.88
=======================================================================================================
</TABLE>
<PAGE>
Oakwood Mortgage Investors, Inc. 1999-E
Oakwood Acceptance Corp. - Servicer
Fiscal Year Ended Series Report
Reporting: Fiscal Year 2000
REPOSSESSION LIQUIDATION REPORT
See Monthly Investor Report for Detail
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Net
Prepayment Liquidated Principal Sales Insur. Total Repossession Liquidation Unrecov. FHA Insurance
Period Balance Proceeds Refunds Proceeds Expenses Proceeds Advances Coverage
------------------------------------------------------------------------------------------------------------------------------------
Nov-99 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dec-99 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Jan-00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Feb-00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Mar-00 18,277.24 18,400.00 796.02 19,196.02 6,027.00 13,169.02 1,236.38 0.00
Apr-00 154,282.18 131,149.00 7,466.54 138,615.54 27,504.47 111,111.07 6,638.56 0.00
May-00 94,259.36 83,150.00 3,651.21 86,801.21 16,799.50 70,001.71 6,194.15 0.00
Jun-00 357,211.33 306,080.00 11,225.35 317,305.35 67,932.40 249,372.95 29,529.16 0.00
Jul-00 574,259.04 508,058.88 8,821.00 516,879.88 117,956.92 398,922.96 49,847.25 0.00
Aug-00 573,628.56 485,072.05 79,183.14 564,255.19 104,282.16 459,973.03 47,737.08 0.00
Sep-00 1,330,898.84 1,238,759.50 63,748.87 1,302,508.37 259,682.79 1,042,825.58 108,755.25 0.00
----------------------------------------------------------------------------------------------------------------------
Total 3,102,816.55 2,770,669.43 174,892.13 2,945,561.56 600,185.24 2,345,376.32 249,937.83 0.00
=======================================================================================================================
Net Current
Prepayment Pass Thru Period Net Cumulative
Period Proceeds Gain/(Loss) Gain/(Loss)
-----------------------------------------------------------
Nov-99 0.00 0.00
Dec-99 0.00 0.00
Jan-00 0.00 0.00
Feb-00 0.00 0.00
Mar-00 11,932.64 (6,344.60)
Apr-00 104,472.51 (49,809.67)
May-00 63,807.56 (30,451.80)
Jun-00 219,843.79 (137,367.54)
Jul-00 349,075.71 (225,183.33)
Aug-00 412,235.95 (161,392.61)
Sep-00 934,070.33 (396,828.51)
-------------------------------------------------
Total 2,095,438.49 (1,007,378.06) (1,007,378.06)
=================================================
</TABLE>
<PAGE>
Oakwood Mortgage Investors, Inc. 1999-E
Oakwood Acceptance Corp. - Servicer
Fiscal Year Ended Series Report
Reporting: Fiscal Year 2000
CERTIFICATE PRINCIPAL ANALYSIS
PRINCIPAL
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
Original Beginning Beginning Current Current
Cert. Certificate Certificate Principal Shortfall Principal Principal
Class Balances Balances Carry-Over Due Paid
--------------------------------------------------------------------------------------------------------------------------
A-1 224,778,000.00 224,778,000.00 0.00 22,639,238.32 22,639,238.32
A-1 Outstanding Writedown 0.00
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 8,815,355.98 0.00 0.00 0.00
-------------------------------------------------------------------------
293,828,355.98 0.00 22,639,238.32 22,639,238.32
=========================================================================
Ending Principal Accelerated Ending Principal Paid
Cert. Shortfall Carry- Principal Writedown Certificate Pool Per $1,000
Class Over Distribution Amounts Balances Factor Denomination
-----------------------------------------------------------------------------------------------------------------------------------
A-1 0.00 2,091,860.28 0.00 200,046,901.40 88.99754% 100.72
A-1 Outstanding Writedown 0.00 0.00 0.00 0.00
M-1 0.00 0.00 0.00 18,658,000.00 100.00000% 0.00
M-1 Outstanding Writedown 0.00 0.00 0.00 0.00
M-2 0.00 0.00 0.00 11,166,000.00 100.00000% 0.00
M-2 Outstanding Writedown 0.00 0.00 0.00 0.00
B-1 0.00 0.00 0.00 13,516,000.00 100.00000% 0.00
B-1 Outstanding Writedown 0.00 0.00 0.00 0.00
B-2 0.00 0.00 0.00 16,895,000.00 100.00000% 0.00
B-2 Outstanding Writedown 0.00 0.00 0.00 0.00
Excess Asset Principal Balance 0.00 (2,091,860.28) 0.00 10,907,216.26
-------------------------------------------------------------------------------------
0.00 0.00 0.00 271,189,117.66 4.89
=====================================================================================
(1) This represents the amount of losses on the assets that were allocated to reduce the outstanding
principal balance of the certificates in accordance with the applicable pooling and servicing agreement.
</TABLE>
<PAGE>
Oakwood Mortgage Investors, Inc. 1999-E
Oakwood Acceptance Corp. - Servicer
Fiscal Year Ended Series Report
Reporting: Fiscal Year 2000
CERTIFICATE INTEREST ANALYSIS
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C>
Beginning Carry- Current Priority Ending Carry-
Certificate Pass-Through Over Priority Interest Interest Over
Class Rate Interest Balance Accrual Paid Balance
----------------------------------------------------------------------------------------------
A-1 7.60800% 0.00 14,801,436.95 14,801,436.95 0.00
A-1 Carryover Interest 0.00 0.00 0.00 0.00
A-1 Writedown Interest 0.00 0.00 0.00 0.00
M-1 8.29700% 0.00 1,419,049.72 1,419,049.72 0.00
M-1 Carryover Interest 0.00 0.00 0.00 0.00
M-1 Writedown Interest 0.00 0.00 0.00 0.00
M-2 8.40000% 0.00 859,782.00 859,782.00 0.00
M-2 Carryover Interest 0.00 0.00 0.00 0.00
M-2 Writedown Interest 0.00 0.00 0.00 0.00
B-1 7.80000% 0.00 966,394.00 966,394.00 0.00
B-1 Carryover Interest 0.00 0.00 0.00 0.00
B-1 Writedown Interest 0.00 0.00 0.00 0.00
B-2 6.00000% 0.00 929,225.00 929,225.00 0.00
B-2 Carryover Interest 0.00 0.00 0.00 0.00
B-2 Writedown Interest 0.00 0.00 0.00 0.00
X 14,792,579.02 3,006,313.69 0.00 17,798,892.71
R 0.00 0.00 0.00 0.00
Service Fee 1.00000% 0.00 2,586,848.26 2,493,923.61 (1) 92,924.65
---------------------------------------------------------------------------------
14,792,579.02 24,569,049.62 21,469,811.28 17,891,817.36
=================================================================================
Interest Paid
Certificate Per $1,000 Cert. TOTAL
Class Denomination Class DISTRIBUTION
-------------------------------------------------
A-1 65.85 A-1 39,532,535.55
A-1 Carryover Interest 0.00
A-1 Writedown Interest 0.00
M-1 76.06 M-1 1,419,049.72
M-1 Carryover Interest 0.00
M-1 Writedown Interest 0.00
M-2 77.00 M-2 859,782.00
M-2 Carryover Interest 0.00
M-2 Writedown Interest 0.00
B-1 71.50 B-1 966,394.00
B-1 Carryover Interest 0.00
B-1 Writedown Interest 0.00
B-2 55.00 B-2 929,225.00
B-2 Carryover Interest 0.00
B-2 Writedown Interest 0.00
X X 0.00
R R 0.00
Service Fee 2,493,923.61
-----------------
46,200,909.88 (1)
=================
(1) Pursuant to the applicable pooling and servicing agreement, $2,493,923.61 of the amounts available for distribution
on distribution dates during the fiscal year were used to pay servicing fees due the servicer.
Consequently, the total amount distributed on the certificates during the fiscal year was $43,706,986.27
</TABLE>
