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Previous: HOUSEHOLD HOME EQUITY LOAN TRUST 1999-1, 8-K, 2000-12-29 |
Next: SHOWSTAR ONLINE COM INC, 10QSB, 2000-12-29 |
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Household Home Equity Loan Trust 1999-1 |
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Distribution Number |
13 |
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Beginning Date of Accrual Period |
11/01/00 |
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End Date of Accrual Period |
11/30/00 |
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Distribution Date |
12/20/00 |
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Previous Distribution Date |
11/20/00 |
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Funds Disbursement |
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Available Funds for Distribution |
12,736,913.87 |
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Principal Collections |
9,000,921.10 |
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Interest Collections |
3,735,992.77 |
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Distribution of Interest Collections |
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Servicing Fee |
172,498.78 |
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Extra Principal Distribution Amount |
1,325,911.62 |
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Interest Paid |
2,237,582.37 |
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To Class R |
0 |
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Distribution of Principal Collections |
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Principal Paid to Certificates |
9,000,921.10 |
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Overcollateralization Release Amount |
0 |
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Balance Reconciliation |
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Begin Principal Balance |
413,997,069.84 |
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Adjustments |
0.00 |
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Principal Collections (including repurchases) |
(9,000,921.10) |
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Charge off Amount |
(73,022.32) |
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End Principal Balance |
404,923,126.42 |
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Collateral Performance |
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Cash Yield (% of beginning balance) |
10.83% |
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Charge off Amount (% of beginning balance) |
0.21% |
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Net Yield |
10.62% |
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Delinquent Loans (contractual) |
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30-59 days principal balance of loan |
11,032,074.58 |
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30-59 days number of loans |
164 |
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60-89 days principal balance of loan |
1,897,100.34 |
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60-89 days number of loans |
29 |
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90+ days number of loans |
98 |
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90+ days principal balance of loan |
7,628,732.67 |
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Number of Loans that went into REO |
2 |
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Principal Balance of Loans that went into REO |
275,051.88 |
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Principal Balance of all REO |
1,491,170.23 |
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Overcollateralization Reconcilliation |
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Begin OC Amount |
44,386,170.63 |
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Target OC Amount |
50,039,651.27 |
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OC Deficiency |
5,726,502.95 |
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OC Release Amount |
0 |
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End OC Amount |
45,639,059.93 |
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Loan Repurchase Detail |
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Number Purchased for pursuant to 2.02 |
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Principal Balance Purchasesed pursant to 2.02 |
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Other |
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Stepdown |
No |
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Trigger Event |
No |
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Event of Default |
No |
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Class A-1 Noteholder's Statement |
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A. Information on Distributions |
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1. Total Distribution per $1,000 |
46.124079 |
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2. Principal Distribution per $1,000 |
43.573134 |
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3. Interest Distribution per $1,000 |
2.550945 |
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B. Calculation of Class A-1 Interest Due & Paid |
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1. Class A-1 related Note Rate |
6.83% |
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2. Accrual Convention |
30/360 |
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3. Class A-1 Principal Balance, BOP |
106,220,899.21 |
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4. Class A-1 Interest Carryover Shortfall, BOP |
0 |
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5. Class A-1 Interest Due |
604,573.95 |
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6. Class A-1 Interest Paid |
604,573.95 |
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7. Class A-1 unpaid Carryover Shortfall, EOP |
- |
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C. Calculation of Class A-1 Principal Due & Paid |
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1. Class A-1 Principal Balance, BOP |
106,220,899.21 |
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2. Class A-1 Principal Due |
10,326,832.72 |
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3. Class A-1 Principal Paid |
10,326,832.72 |
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4. Class A-1 Principal Balance, EOP |
95,894,066.49 |
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5. Class A-1 Notes Balance as a % of the Total Certificate Balance, EOP |
0.266903198 |
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6. Class A-1 Notes Balance as a percentage of the Pool Balance, EOP |
0.236820424 |
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Class A-2 Noteholder's Statement |
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A. Information on Distributions |
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1. Total Distribution per $1,000 |
5.791667 |
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2. Principal Distribution per $1,000 |
0 |
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3. Interest Distribution per $1,000 |
5.791667 |
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B. Calculation of Class A-2 Interest Due & Paid |
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1. Class A-2 related Note Rate |
6.95% |
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2. Accrual Convention |
30/360 |
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3. Class A-2 Principal Balance, BOP |
62,000,000.00 |
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4. Class A-2 Interest Carryover Shortfall, BOP |
0 |
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5. Class A-2 Interest Due |
359,083.33 |
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6. Class A-2 Interest Paid |
359,083.33 |
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7. Class A-2 unpaid Carryover Shortfall, EOP |
0 |
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C. Calculation of Class A-2 Principal Due & Paid |
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1. Class A-2 Principal Balance, BOP |
62,000,000.00 |
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2. Class A-2 Principal Due |
0 |
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3. Class A-2 Principal Paid |
0 |
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4. Class A-2 Principal Balance, EOP |
62,000,000.00 |
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5. Class A-2 Notes Balance as a percentage of the Total Certificate Balance |
0.172565404 |
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6. Class A-2 Notes Balance as a percentage of the Pool Balance, EOP |
0.153115483 |
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Class A-3 Noteholder's Statement |
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A. Information on Distributions |
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1. Total Distribution per $1,000 |
6.008333 |
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2. Principal Distribution per $1,000 |
0 |
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3. Interest Distribution per $1,000 |
6.008333 |
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B. Calculation of Class A-3 Interest Due & Paid |
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1. Class A-3 related Note Rate |
7.21% |
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2. Accrual Convention |
30/360 |
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3. Class A-3 Principal Balance, BOP |
90,000,000.00 |
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4. Class A-3 Interest Carryover Shortfall, BOP |
0 |
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5. Class A-3 Interest Due |
540,750.00 |
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6. Class A-3 Interest Paid |
540,750.00 |
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7. Class A-3 unpaid Carryover Shortfall, EOP |
0 |
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C. Calculation of Class A-3 Principal Due & Paid |
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1. Class A-3 Principal Balance, BOP |
90,000,000.00 |
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2. Class A-3 Principal Due |
0 |
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3. Class A-3 Principal Paid |
0 |
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4. Class A-3 Principal Balance, EOP |
90,000,000.00 |
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5. Class A-3 Notes Balance as a percentage of the Total Certificate Balance |
0.250498167 |
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6. Class A-3 Notes Balance as a percentage of the Pool Balance, EOP |
0.222264411 |
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Class A-4 Noteholder's Statement |
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A. Information on Distributions |
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1. Total Distribution per $1,000 |
6.008333 |
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2. Principal Distribution per $1,000 |
0 |
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3. Interest Distribution per $1,000 |
6.008333 |
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B. Calculation of Class A-4 Interest Due & Paid |
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1. Class A-4 related Note Rate |
7.21% |
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2. Accrual Convention |
30/360 |
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3. Class A-4 Principal Balance, BOP |
42,920,000.00 |
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4. Class A-4 Interest Carryover Shortfall, BOP |
0 |
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5. Class A-4 Interest Due |
257,877.67 |
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6. Class A-4 Interest Paid |
257,877.67 |
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7. Class A-4 unpaid Carryover Shortfall, EOP |
0 |
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C. Calculation of Class A-4 Principal Due & Paid |
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1. Class A-4 Principal Balance, BOP |
42,920,000.00 |
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2. Class A-4 Principal Due |
0 |
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3. Class A-4 Principal Paid |
0 |
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4. Class A-4 Principal Balance, EOP |
42,920,000.00 |
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5. Class A-4 Notes Balance as a percentage of the Total Certificate Balance |
0.119459792 |
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6. Class A-4 Notes Balance as a percentage of the Pool Balance, EOP |
0.105995428 |
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Class M-1 Noteholder's Statement |
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A. Information on Distributions |
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1. Total Distribution per $1,000 |
6.525000 |
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2. Principal Distribution per $1,000 |
0 |
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3. Interest Distribution per $1,000 |
6.525000 |
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B. Calculation of Class M-1 Interest Due & Paid |
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1. Class M-1 related Note Rate |
7.83% |
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2. Accrual Convention |
30/360 |
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3. Class M-1 Principal Balance, BOP |
35,550,000.00 |
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4. Class M-1 Interest Carryover Shortfall, BOP |
0 |
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5. Class M-1 Interest Due |
231,963.75 |
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6. Class M-1 Interest Paid |
231,963.75 |
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7. Class M-1 unpaid Carryover Shortfall, EOP |
0 |
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C. Calculation of Class M-1 Principal Due & Paid |
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1. Class M-1 Principal Balance, BOP |
35,550,000.00 |
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2. Class M-1 Principal Due |
0 |
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3. Class M-1 Principal Paid |
0 |
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4. Class M-1 Principal Balance, EOP |
35,550,000.00 |
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5. Class M-1 Notes Balance as a percentage of the Total Certificate Balance |
0.098946776 |
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6. Class M-1 Notes Balance as a percentage of the Pool Balance, EOP |
0.087794442 |
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Class M-2 Noteholder's Statement |
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A. Information on Distributions |
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1. Total Distribution per $1,000 |
7.391667 |
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2. Principal Distribution per $1,000 |
0 |
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3. Interest Distribution per $1,000 |
7.391667 |
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B. Calculation of Class M-2 Interest Due & Paid |
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1. Class M-2 related Note Rate |
8.87% |
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2. Accrual Convention |
30/360 |
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3. Class M-2 Principal Balance, BOP |
32,920,000.00 |
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4. Class M-2 Interest Carryover Shortfall, BOP |
0 |
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5. Class M-2 Interest Due |
243,333.67 |
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6. Class M-2 Interest Paid |
243,333.67 |
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7. Class M-2 unpaid Carryover Shortfall, EOP |
0 |
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C. Calculation of Class M-2 Principal Due & Paid |
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1. Class M-2 Principal Balance, BOP |
32,920,000.00 |
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2. Class M-2 Principal Due |
0 |
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3. Class M-2 Principal Paid |
0 |
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4. Class M-2 Principal Balance, EOP |
32,920,000.00 |
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5. Class M-2 Notes Balance as a percentage of the Total Certificate Balance |
0.091626663 |
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6. Class M-2 Notes Balance as a percentage of the Pool Balance, EOP |
0.081299382 |
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