Household Home Equity Loan Trust 1999-1

Distribution Number

12

Beginning Date of Accrual Period

10/01/00

End Date of Accrual Period

10/31/00

Distribution Date

11/20/00

Previous Distribution Date

10/20/00

Funds Disbursement

Available Funds for Distribution

14,391,008.07

Principal Collections

10,389,447.63

Interest Collections

4,001,560.44

Distribution of Interest Collections

Servicing Fee

176,904.34

Extra Principal Distribution Amount

1,519,293.15

Interest Paid

2,305,362.95

To Class R

-

Distribution of Principal Collections

Principal Paid to Certificates

10,389,447.63

Overcollateralization Release Amount

-

Balance Reconciliation

Begin Principal Balance

424,570,416.47

Adjustments

0.00

Principal Collections (including repurchases)

(10,389,447.63)

Charge off Amount

(183,899.00)

End Principal Balance

413,997,069.84

Collateral Performance

Cash Yield (% of beginning balance)

11.31%

Charge off Amount (% of beginning balance)

0.52%

Net Yield

10.79%

Delinquent Loans (contractual)

30-59 days principal balance of loan

11,552,647.70

30-59 days number of loans

179

60-89 days principal balance of loan

1,331,922.37

60-89 days number of loans

18

90+ days number of loans

87

90+ days principal balance of loan

6,667,001.37

Number of Loans that went into REO

4

Principal Balance of Loans that went into REO

168,959.51

Principal Balance of all REO

1,533,997.34

Overcollateralization Reconcilliation

Begin OC Amount

43,050,776.48

Target OC Amount

50,039,651.27

OC Deficiency

7,172,773.79

OC Release Amount

-

End OC Amount

44,386,170.63

Loan Repurchase Detail

Number Purchased for pursuant to 2.02

Principal Balance Purchasesed pursant to 2.02

Other

Stepdown

No

Trigger Event

No

Event of Default

No

Class A-1 Noteholder's Statement

A. Information on Distributions

1. Total Distribution per $1,000

53.084790

2. Principal Distribution per $1,000

50.247851

3. Interest Distribution per $1,000

2.836939

B. Calculation of Class A-1 Interest Due & Paid

1. Class A-1 related Note Rate

6.83%

2. Accrual Convention

30/360

3. Class A-1 Principal Balance, BOP

118,129,639.99

4. Class A-1 Interest Carryover Shortfall, BOP

-

5. Class A-1 Interest Due

672,354.53

6. Class A-1 Interest Paid

672,354.53

7. Class A-1 unpaid Carryover Shortfall, EOP

-

C. Calculation of Class A-1 Principal Due & Paid

1. Class A-1 Principal Balance, BOP

118,129,639.99

2. Class A-1 Principal Due

11,908,740.78

3. Class A-1 Principal Paid

11,908,740.78

4. Class A-1 Principal Balance, EOP

106,220,899.21

5. Class A-1 Notes Balance as a % of the Total Certificate Balance, EOP

0.287385733

6. Class A-1 Notes Balance as a percentage of the Pool Balance, EOP

0.256574036

Class A-2 Noteholder's Statement

A. Information on Distributions

1. Total Distribution per $1,000

5.791667

2. Principal Distribution per $1,000

-

3. Interest Distribution per $1,000

5.791667

B. Calculation of Class A-2 Interest Due & Paid

1. Class A-2 related Note Rate

6.95%

2. Accrual Convention

30/360

3. Class A-2 Principal Balance, BOP

62,000,000.00

4. Class A-2 Interest Carryover Shortfall, BOP

-

5. Class A-2 Interest Due

359,083.33

6. Class A-2 Interest Paid

359,083.33

7. Class A-2 unpaid Carryover Shortfall, EOP

-

C. Calculation of Class A-2 Principal Due & Paid

1. Class A-2 Principal Balance, BOP

62,000,000.00

2. Class A-2 Principal Due

-

3. Class A-2 Principal Paid

-

4. Class A-2 Principal Balance, EOP

62,000,000.00

5. Class A-2 Notes Balance as a percentage of the Total Certificate Balance

0.167743971

6. Class A-2 Notes Balance as a percentage of the Pool Balance, EOP

0.149759514

Class A-3 Noteholder's Statement

A. Information on Distributions

1. Total Distribution per $1,000

6.008333

2. Principal Distribution per $1,000

-

3. Interest Distribution per $1,000

6.008333

B. Calculation of Class A-3 Interest Due & Paid

1. Class A-3 related Note Rate

7.21%

2. Accrual Convention

30/360

3. Class A-3 Principal Balance, BOP

90,000,000.00

4. Class A-3 Interest Carryover Shortfall, BOP

-

5. Class A-3 Interest Due

540,750.00

6. Class A-3 Interest Paid

540,750.00

7. Class A-3 unpaid Carryover Shortfall, EOP

-

C. Calculation of Class A-3 Principal Due & Paid

1. Class A-3 Principal Balance, BOP

90,000,000.00

2. Class A-3 Principal Due

-

3. Class A-3 Principal Paid

-

4. Class A-3 Principal Balance, EOP

90,000,000.00

5. Class A-3 Notes Balance as a percentage of the Total Certificate Balance

0.243499313

6. Class A-3 Notes Balance as a percentage of the Pool Balance, EOP

0.217392843

Class A-4 Noteholder's Statement

A. Information on Distributions

1. Total Distribution per $1,000

6.008333

2. Principal Distribution per $1,000

-

3. Interest Distribution per $1,000

6.008333

B. Calculation of Class A-4 Interest Due & Paid

1. Class A-4 related Note Rate

7.21%

2. Accrual Convention

30/360

3. Class A-4 Principal Balance, BOP

42,920,000.00

4. Class A-4 Interest Carryover Shortfall, BOP

-

5. Class A-4 Interest Due

257,877.67

6. Class A-4 Interest Paid

257,877.67

7. Class A-4 unpaid Carryover Shortfall, EOP

-

C. Calculation of Class A-4 Principal Due & Paid

1. Class A-4 Principal Balance, BOP

42,920,000.00

2. Class A-4 Principal Due

-

3. Class A-4 Principal Paid

-

4. Class A-4 Principal Balance, EOP

42,920,000.00

5. Class A-4 Notes Balance as a percentage of the Total Certificate Balance

0.116122117

6. Class A-4 Notes Balance as a percentage of the Pool Balance, EOP

0.103672231

Class M-1 Noteholder's Statement

A. Information on Distributions

1. Total Distribution per $1,000

6.525000

2. Principal Distribution per $1,000

-

3. Interest Distribution per $1,000

6.525000

B. Calculation of Class M-1 Interest Due & Paid

1. Class M-1 related Note Rate

7.83%

2. Accrual Convention

30/360

3. Class M-1 Principal Balance, BOP

35,550,000.00

4. Class M-1 Interest Carryover Shortfall, BOP

-

5. Class M-1 Interest Due

231,963.75

6. Class M-1 Interest Paid

231,963.75

7. Class M-1 unpaid Carryover Shortfall, EOP

-

C. Calculation of Class M-1 Principal Due & Paid

1. Class M-1 Principal Balance, BOP

35,550,000.00

2. Class M-1 Principal Due

-

3. Class M-1 Principal Paid

-

4. Class M-1 Principal Balance, EOP

35,550,000.00

5. Class M-1 Notes Balance as a percentage of the Total Certificate Balance

0.096182229

6. Class M-1 Notes Balance as a percentage of the Pool Balance, EOP

0.085870173

Class M-2 Noteholder's Statement

A. Information on Distributions

1. Total Distribution per $1,000

7.391667

2. Principal Distribution per $1,000

-

3. Interest Distribution per $1,000

7.391667

B. Calculation of Class M-2 Interest Due & Paid

1. Class M-2 related Note Rate

8.87%

2. Accrual Convention

30/360

3. Class M-2 Principal Balance, BOP

32,920,000.00

4. Class M-2 Interest Carryover Shortfall, BOP

-

5. Class M-2 Interest Due

243,333.67

6. Class M-2 Interest Paid

243,333.67

7. Class M-2 unpaid Carryover Shortfall, EOP

-

C. Calculation of Class M-2 Principal Due & Paid

1. Class M-2 Principal Balance, BOP

32,920,000.00

2. Class M-2 Principal Due

-

3. Class M-2 Principal Paid

-

4. Class M-2 Principal Balance, EOP

32,920,000.00

5. Class M-2 Notes Balance as a percentage of the Total Certificate Balance

0.089066638

6. Class M-2 Notes Balance as a percentage of the Pool Balance, EOP

0.079517471