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|
Servicer's
Report |
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|
CONFIDENTIAL |
|
|
Interest Period: June 19, 2000 to July 16, 2000 |
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Date of
Report: July 13, 2000 |
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Associates
Credit Card Master Note Trust, Series 2000-1 |
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Class A |
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Class B |
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Class C |
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Total Series |
|
Transferor |
|
|
|
Trust |
Monthly Master Note
Trust Activities |
|
Note |
|
Note |
|
Note |
|
Note |
|
Interest |
|
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|
Totals |
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|
Beginning Principal
Receivables Balance |
|
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|
|
|
|
|
|
|
|
|
|
|
5,586,154,841.54 |
Beginning Fin. Chrg.
Receivables Balance |
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|
|
|
|
|
|
|
|
|
|
|
|
326,751,928.07 |
Beginning Total
Receivables Balance |
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|
|
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|
|
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|
|
|
5,912,906,769.61 |
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|
Beginning Special Funding
Accnt Balance |
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|
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|
|
|
|
|
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|
0.00 |
Beginning Spread Account
Balance |
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|
0.00 |
Beginning Reserve Account
Balance |
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|
0.00 |
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|
Initial Invested Amount |
|
760,000,000.00 |
|
102,500,000.00 |
|
137,500,000.00 |
|
1,000,000,000.00 |
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|
Beginning Period Invested
Amount |
|
760,000,000.00 |
|
102,500,000.00 |
|
137,500,000.00 |
|
1,000,000,000.00 |
|
1,380,026,841.54 |
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Note Principal Balance
Increase |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
|
|
|
|
|
Note Principal Balance
Decrease |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
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Reductions in
Invested Amount this Period |
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(Other than by Principal
Payments) |
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0.00 |
|
0.00 |
|
0.00 |
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0.00 |
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Previous Reductions in
Invested Amount |
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Reimbursed this Period |
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0.00 |
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0.00 |
|
0.00 |
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0.00 |
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Ending Special Funding
Accnt Balance |
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0.00 |
Ending Spread Account
Balance |
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0.00 |
Ending Reserve Account
Balance |
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0.00 |
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Ending Period Invested
Amount |
|
760,000,000.00 |
|
102,500,000.00 |
|
137,500,000.00 |
|
1,000,000,000.00 |
|
760,631,271.80 |
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Group I Information |
|
Series 2000-98-1 |
|
Series 2000-98-2 |
|
Series 2000-99-1 |
|
Series 2000-99-2 |
|
Series 2000-99-3 |
|
Series 2000-99-4 |
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Beginning Invested Amount |
|
882,500,000.00 |
|
823,628,000.00 |
|
352,941,000.00 |
|
294,118,000.00 |
|
264,706,000.00 |
|
588,235,000.00 |
|
|
Average Rate |
|
6.95% |
|
6.98% |
|
5.83% |
|
5.96% |
|
6.96% |
|
7.06% |
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|
Allocable Finance Charge
Collections |
|
19,921,273.32 |
|
18,592,315.58 |
|
7,967,177.48 |
|
6,639,325.85 |
|
5,975,388.75 |
|
13,278,629.13 |
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|
Allocable Principal
Collections |
|
78,428,324.18 |
|
73,196,332.91 |
|
31,366,086.31 |
|
26,138,449.69 |
|
23,524,586.95 |
|
52,276,810.51 |
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|
Allocable Default Amount
Due |
|
6,994,323.33 |
|
6,527,728.65 |
|
2,797,261.72 |
|
2,331,055.40 |
|
2,097,948.27 |
|
4,662,102.87 |
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|
Allocable Monthly Interest
Due |
|
4,772,713.44 |
|
4,470,927.15 |
|
3,201,290.70 |
|
2,452,407.29 |
|
1,432,678.42 |
|
3,230,605.71 |
|
|
Allocable Monthly
Servicing Fees Due |
|
1,470,833.33 |
|
1,372,713.33 |
|
588,235.00 |
|
490,196.67 |
|
441,176.67 |
|
980,391.67 |
|
|
Ending Invested Amount |
|
882,500,000.00 |
|
823,628,000.00 |
|
705,882,000.00 |
|
529,412,400.00 |
|
264,706,000.00 |
|
588,235,000.00 |
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Group I Information |
|
Series 2000-1 |
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Total |
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Beginning Invested Amount |
|
1,000,000,000.00 |
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|
|
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|
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|
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|
4,206,128,000.00 |
Average Rate |
|
6.87% |
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|
|
|
|
|
|
|
|
|
6.68% |
Investor Finance Charge
Collections |
|
22,573,680.81 |
|
|
|
|
|
|
|
|
|
|
|
94,947,790.93 |
Investor Principal
Collections |
|
496,445,057.05 |
|
|
|
|
|
|
|
|
|
|
|
781,375,647.59 |
Investor Default Amount
Due |
|
7,925,578.85 |
|
|
|
|
|
|
|
|
|
|
|
33,335,999.10 |
Investor Monthly Interest
Due |
|
6,492,323.61 |
|
|
|
|
|
|
|
|
|
|
|
26,052,946.32 |
Allocable Monthly
Servicing Fees Due |
|
1,888,889.00 |
|
|
|
|
|
|
|
|
|
|
|
7,232,435.67 |
Ending Invested Amount |
|
1,000,000,000.00 |
|
|
|
|
|
|
|
|
|
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|
4,794,363,400.00 |
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Payout Event Tests |
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Base Rate Trigger |
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Transferor's
Interest Trigger |
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|
3 Month Average Portfolio
Yield |
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|
17.28% |
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|
|
Required
Transferor Interest |
|
|
|
388,849,627.03 |
3 Month Average Base Rate |
|
|
|
8.87% |
|
|
|
Transferor
Interest |
|
|
|
760,631,271.80 |
Spread |
|
|
|
8.40% |
|
|
|
Trigger Pass Test |
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|
Yes |
Trigger Pass Test: If
Spread is >0, "Yes" |
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|
Yes |
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|
ASSOCIATES
CREDIT CARD MASTER NOTE TRUST |
Series 2000-1 |
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Pursuant to
the Master Indenture dated as of April 1, 2000 (as amended and supplemented, the
"Master Indenture"), between Associates Credit Card Master Note Trust (the
"Trust") and The Bank of New York, as indenture trustee (the "Indenture
Trustee"), as supplemented by the Series 2000-1 Indenture Supplement, dated as of
June 13, 2000 (the "Indenture Supplement"), between the Trust and the Indenture
Trustee, Associates National Bank (Delaware), as Servicer (the "Servicer") under
the Transfer and Servicing Agreement, dated as of April 1, 2000 (the "Transfer and
Servicing Agreement") among Associates Credit Card Receivables Corp., as Transferor,
the Servicer and the Trust, is required to prepare certain information each month
regarding current distributions to the Series 2000-1 Noteholders and the performance of
the Trust during the previous month. The information which is required to be prepared with
respect to the Distribution Date of July 17, 2000, and with
respect to the performance of the Trust during the month of June is set forth below.
Capitalized terms used in this Monthly Statement have their respective meanings set
forth in the Master Indenture and the Indenture Supplement. |
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Current Transaction
Period: |
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Revolving Period |
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|
Any Cash Flow Shortfalls
this Period |
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No |
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|
Any Cash Flow
Shortfalls from Previous Period |
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|
No |
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|
Payout Event this Period: |
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No |
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|
Group I Participants: |
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|
Series 2000-98-1, Series
2000-98-2 |
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|
Series 2000-99-1, Series
2000-99-2, Series 2000-99-3, Series 2000-99-4 |
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|
Series 2000-1 |
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|
MASTER NOTE TRUST
RECEIVABLES |
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|
YIELD AND
BASE RATE -- |
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June: (30
posting days) |
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Yield |
|
Defaults |
|
Total |
|
|
|
Portfolio
Yield (Current Month) |
|
|
|
27.09% |
|
9.51% |
|
17.58% |
|
|
|
Portfolio
Yield (Prior Month) |
|
|
|
26.43% |
|
8.91% |
|
17.52% |
|
|
|
Portfolio
Yield (Two Months Ago) |
|
|
|
24.67% |
|
7.94% |
|
16.74% |
|
|
|
THREE MONTH
AVERAGE PORTFOLIO YIELD |
|
|
|
|
|
|
|
|
|
17.28% |
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Servicing |
|
Coupon |
|
Total |
|
|
|
Base Rate
(Current Month) |
|
|
|
2.00% |
|
6.87% |
|
8.87% |
|
|
|
Base Rate
(Prior Month) |
|
|
|
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|
|
|
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|
|
Base Rate (Two
Months Ago) |
|
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|
THREE MONTH
AVERAGE BASE RATE |
|
|
|
|
|
|
|
|
|
8.87% |
|
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|
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|
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|
|
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|
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|
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|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning Period Principal
Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
5,586,154,841.54 |
Beginning
Period Finance Charge Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
326,751,928.07 |
Beginning Period
Discounted Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00 |
Beginning Period Total
Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
5,912,906,769.61 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Removed Principal
Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00 |
Removed Finance Charge
Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00 |
Removed Total Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00 |
Discounted
Receivables Generated this Period |
|
|
|
|
|
|
|
|
|
|
|
|
0.00 |
Additional Principal
Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00 |
Additional Finance Charge
Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00 |
Additional Total
Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Principal
Collections this Period |
|
|
|
|
|
|
|
|
|
|
|
|
|
496,445,057.05 |
Total
Defaulted Principal Receivables this Period |
|
|
|
|
|
|
|
|
|
|
|
|
44,273,510.64 |
Total Receivables
Adjustments this Period |
|
|
|
|
|
|
|
|
|
|
|
|
|
20,667,428.04 |
Total Finance Charge
Collections this Period |
|
|
|
|
|
|
|
|
|
|
|
|
|
126,100,076.37 |
Total Discounted
Receivables this Period |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending Period Principal
Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
5,554,994,671.80 |
Ending Period
Finance Charge Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
331,659,878.81 |
Ending Period Discounted
Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00 |
Ending Period Total
Receivables |
|
|
|
|
|
|
|
|
|
|
|
|
|
5,886,654,550.61 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DELINQUENCY INFORMATION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
End of the Month Principal
Delinquencies: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
31-60 Days
Delinquent |
|
|
|
|
|
|
|
|
|
|
|
131,978,851.82 |
|
61-90 Days
Delinquent |
|
|
|
|
|
|
|
|
|
|
|
74,682,061.76 |
|
91+ Days
Delinquent |
|
|
|
|
|
|
|
|
|
|
|
141,055,668.43 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total 31+ Days
Delinquent |
|
|
|
|
|
|
|
|
|
|
|
347,716,582.01 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ASSOCIATES
CREDIT CARD MASTER NOTE TRUST |
Cash Flow
Allocations |
Series 2000-1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FLOATING
INVESTOR PERCENTAGE |
|
0.179014 |
|
|
|
|
|
|
|
|
|
FIXED
INVESTOR PERCENTAGE |
|
0.179014 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FINANCE CHARGE
ALLOCATIONS |
|
|
|
|
|
|
|
Class A |
|
Class B |
|
Class C |
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AVAILABLE FUNDS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Trust
Finance Charge Collections |
|
126,100,076.37 |
|
|
|
|
|
|
|
|
|
Investor
Percentage |
|
0.179014 |
|
|
|
|
|
|
|
|
|
Investor
Finance Charge Collections |
|
22,573,680.81 |
|
|
|
|
|
|
|
22,573,680.81 |
|
Excess Finance
Charge Collections allocated to Series |
|
0.00 |
|
|
|
|
|
|
|
0.00 |
|
Available
Finance Charge Collections |
|
22,573,680.81 |
|
|
|
|
|
|
|
22,573,680.81 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CASH FLOW ALLOCATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class A Distributions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) |
Class A
Monthly Interest |
|
|
|
4,856,663.89 |
|
|
|
|
|
|
(2) |
Class A
Monthly Interest Previously Due |
|
|
|
0.00 |
|
|
|
|
|
|
(3) |
Class A
Monthly Additional Interest |
|
|
|
0.00 |
|
|
|
|
|
|
(4) |
Class A
Monthly Additional Interest Previously Due |
|
|
|
0.00 |
|
|
|
|
|
|
|
Total Class A
Monthly Interest |
|
|
|
4,856,663.89 |
|
|
|
|
|
4,856,663.89 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class B Distributions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(5) |
Class B
Monthly Interest |
|
|
|
|
|
675,823.78 |
|
|
|
|
(6) |
Class B
Monthly Interest Previously Due |
|
|
|
|
|
0.00 |
|
|
|
|
(7) |
Class B
Monthly Additional Interest |
|
|
|
|
|
0.00 |
|
|
|
|
(8) |
Class B
Monthly Additional Interest Previously Due |
|
|
|
0.00 |
|
|
|
|
|
Total Class B
Monthly Interest |
|
|
|
|
|
675,823.78 |
|
|
|
675,823.78 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(9) |
Total Monthly
Servicing Fee for Series |
|
|
|
|
|
|
|
|
1,888,889.00 |
(10) |
Total
Servicing Fee for Series Previously Due |
|
|
|
|
|
|
|
0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(11) |
Class A
Prepayable Increase Amount Interest |
|
|
|
0.00 |
|
|
|
|
|
0.00 |
(12) |
Class B
Prepayable Increase Amount Interest |
|
|
|
|
|
0.00 |
|
|
|
0.00 |
(13) |
Investor
Default Amount |
|
|
|
|
|
|
|
|
|
|
|
7,925,578.85 |
(14) |
Investor
Charge-Offs |
|
|
|
|
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
(15) |
Reallocated
Principal Collections Previously Due |
|
|
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class C Distributions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(16) |
Class C
Monthly Interest |
|
|
|
|
|
|
|
959,835.94 |
|
|
(17) |
Class C
Monthly Interest Previously Due |
|
|
|
|
|
|
|
0.00 |
|
|
(18) |
Class C
Monthly Additional Interest |
|
|
|
|
|
|
|
0.00 |
|
|
(19) |
Class C
Monthly Additional Interest Previously Due |
|
|
|
|
|
0.00 |
|
|
(20) |
Class C
Prepayable Increase Amount Interest |
|
|
|
|
|
0.00 |
|
|
|
Total Class C
Interest |
|
|
|
|
|
|
|
959,835.94 |
|
959,835.94 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(21) |
Funds Required
per Note Agreement under |
|
|
|
|
|
|
|
|
|
|
|
Sections 2.07,
2.08 & 2.09 |
|
|
|
|
|
|
|
|
|
|
|
0.00 |
(22) |
Funds Required
per Note Agreement under |
|
|
|
|
|
|
|
|
|
|
|
Sections 2.04
(e) & 7.01 |
|
|
|
|
|
|
|
|
|
|
|
0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Spread Account
Distributions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(23) |
Class C Spread
Account Required Deposit |
|
|
|
|
|
|
|
|
|
0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL EXCESS
SPREAD ELIGIBLE FOR OTHER SERIES' ALLOCATIONS |
|
|
|
|
|
|
|
|
|
|
|
6,266,889.36 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EXCESS SPREAD
ALLOCATED TO OTHER SERIES' |
|
|
|
|
|
|
|
|
|
|
|
0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EXCESS SPREAD
RELEASED TO TRANSFEROR |
|
|
|
|
|
|
|
|
|
|
|
|
6,266,889.36 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PRINCIPAL
ALLOCATIONS |
|
|
|
|
|
|
|
Class A |
|
Class B |
|
Class C |
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AVAILABLE FUNDS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Trust
Principal Collections |
|
496,445,057.05 |
|
|
|
|
|
|
|
|
|
Investor
Percentage |
|
|
|
0.179014 |
|
|
|
|
|
|
|
|
|
Investor
Principal Collections |
|
|
|
88,870,622.30 |
|
|
|
|
|
|
|
|
|
Shared
Principal Collections from other Series' |
|
407,574,434.75 |
|
|
|
|
|
|
|
|
|
Available
Principal Collections |
|
|
|
496,445,057.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Controlled
Amoritization Amount |
|
|
|
|
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
Partial
Amoritization Amount |
|
|
|
|
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
Deficiency
Controlled Amoritization Amount |
|
|
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
Monthly
Principal Amount |
|
|
|
|
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
Principal
Shortfall |
|
|
|
|
|
|
|
|
|
|
|
|
|
Reallocated
Principal to other Series' |
|
|
|
0.00 |
|
0.00 |
|
|
|
0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ASSOCIATES
CREDIT CARD MASTER NOTE TRUST |
|
|
|
|
|
Cash
Reconciliation |
|
|
|
|
|
Oct-00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Group 1 |
|
|
|
Coupon Rate |
|
Balance |
|
Interest
Payments |
|
|
|
|
|
|
Series
2000-98-1, Class A |
|
|
|
6.85% |
|
$ 662,500,000.00 |
|
$ 3,528,977.66 |
|
|
|
|
|
|
Series
2000-98-1, Class B |
|
|
|
7.07% |
|
$ 87,500,000.00 |
|
$ 481,253.49 |
|
|
|
|
|
|
Series
2000-98-1, Class C |
|
|
|
7.40% |
|
$ 132,500,000.00 |
|
$ 762,482.29 |
|
|
|
|
|
|
Series
2000-98-2, Class A |
|
|
|
6.88% |
|
$ 617,647,000.00 |
|
$ 3,304,771.46 |
|
|
|
|
|
|
Series
2000-98-2, Class B |
|
|
|
7.10% |
|
$ 82,353,000.00 |
|
$ 454,728.06 |
|
|
|
|
|
|
Series
2000-98-2, Class C |
|
|
|
7.40% |
|
$ 123,628,000.00 |
|
$ 711,427.63 |
|
|
|
|
|
|
Series
2000-99-1, Class A |
|
|
|
5.53% |
|
$ 529,412,000.00 |
|
$ 2,277,357.09 |
|
|
|
|
|
|
Series
2000-99-1, Class B |
|
|
|
5.73% |
|
$ 70,588,000.00 |
|
$ 314,626.82 |
|
|
|
|
|
|
Series
2000-99-1, Class C |
|
|
|
7.40% |
|
$ 105,882,000.00 |
|
$ 609,306.79 |
|
|
|
|
|
|
Series
2000-99-2, Class A |
|
|
|
5.67% |
|
$ 397,058,400.00 |
|
$ 1,749,855.71 |
|
|
|
|
|
|
Series
2000-99-2, Class B |
|
|
|
5.96% |
|
$ 52,941,600.00 |
|
$ 245,566.31 |
|
|
|
|
|
|
Series
2000-99-2, Class C |
|
|
|
7.40% |
|
$ 79,412,400.00 |
|
$ 456,985.27 |
|
|
|
|
|
|
Series
2000-99-3, Class A |
|
|
|
6.88% |
|
$ 198,500,000.00 |
|
$ 1,062,360.47 |
|
|
|
|
|
|
Series
2000-99-3, Class B |
|
|
|
6.88% |
|
$ 26,500,000.00 |
|
$ 141,826.46 |
|
|
|
|
|
|
Series
2000-99-3, Class C |
|
|
|
7.40% |
|
$ 39,706,000.00 |
|
$ 228,491.49 |
|
|
|
|
|
|
Series
2000-99-4, Class A |
|
|
|
6.97% |
|
$ 441,176,000.00 |
|
$ 2,392,218.00 |
|
|
|
|
|
|
Series
2000-99-4, Class B |
|
|
|
7.23% |
|
$ 58,824,000.00 |
|
$ 330,632.05 |
|
|
|
|
|
|
Series
2000-99-4, Class C |
|
|
|
7.40% |
|
$ 88,235,000.00 |
|
$ 507,755.66 |
|
|
|
|
|
|
Series 2000-1,
Class A |
|
|
|
6.77% |
|
$ 760,000,000.00 |
|
$ 4,856,663.89 |
|
|
|
|
|
|
Series 2000-1,
Class B |
|
|
|
6.98% |
|
$ 102,500,000.00 |
|
$ 675,823.78 |
|
|
|
|
|
|
Series 2000-1,
Class C |
|
|
|
7.39% |
|
$ 137,500,000.00 |
|
$ 959,835.94 |
|
|
|
|
|
|
Weighted Average
Coupon of all Notes |
|
|
|
6.68% |
|
$4,794,363,400.00 |
|
$ 26,052,946.32 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average
Coupon of |
|
|
|
6.56% |
|
$4,087,500,000.00 |
|
|
|
|
|
|
|
|
Class A and
Class B Notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
Transaction Period: |
|
Revolving Period |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CASH FLOW
REQUIREMENTS |
|
|
|
|
Series
2000-98-1 |
|
|
|
|
|
|
|
|
Class A |
|
Class B |
|
Class C |
|
Total |
|
|
Principal
Distribution Due this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Interest
Distribution Due this Period |
|
|
|
|
|
$ 3,528,977.66 |
|
$ 481,253.49 |
|
$ 762,482.29 |
|
$ 4,772,713.44 |
|
|
Unpaid Principal
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Unpaid Interest
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Prepayable
Interest |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Servicing Fee |
|
|
|
|
|
|
|
|
|
$ 1,470,833.33 |
|
$ 1,470,833.33 |
|
|
Total Required
Distribution |
|
|
|
|
|
$ 3,528,977.66 |
|
$ 481,253.49 |
|
$ 2,233,315.62 |
|
$ 6,243,546.77 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Required Distribution to Class A & Class B investors |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Series
2000-98-2 |
|
|
|
|
|
|
|
|
Class A |
|
Class B |
|
Class C |
|
Total |
|
|
Principal
Distribution Required Amount |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Interest
Distribution Required Amount |
|
|
|
|
|
$ 3,304,771.46 |
|
$ 454,728.06 |
|
$ 711,427.63 |
|
$ 4,470,927.15 |
|
|
Unpaid Principal
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Unpaid Interest
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Prepayable
Interest |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Servicing Fee |
|
|
|
|
|
|
|
|
|
$ 1,372,713.33 |
|
$ 1,372,713.33 |
|
|
Total Required
Distribution |
|
|
|
|
|
$ 3,304,771.46 |
|
$ 454,728.06 |
|
$ 2,084,140.96 |
|
$ 5,843,640.48 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Required
Distribution to Class A & Class B investors |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Series
2000-99-1 |
|
|
|
|
|
|
|
|
Class A |
|
Class B |
|
Class C |
|
Total |
|
|
Principal
Distribution Required Amount |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Interest
Distribution Required Amount |
|
|
|
|
|
$ 2,277,357.09 |
|
$ 314,626.82 |
|
$ 609,306.79 |
|
$ 3,201,290.70 |
|
|
Unpaid Principal
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Unpaid Interest
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Prepayable
Interest |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Servicing Fee |
|
|
|
|
|
|
|
|
|
$ 588,235.00 |
|
$ 588,235.00 |
|
|
Total Required
Distribution |
|
|
|
|
|
$ 2,277,357.09 |
|
$ 314,626.82 |
|
$ 1,197,541.79 |
|
$ 3,789,525.70 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Required
Distribution to Class A & Class B investors |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Series
2000-99-2 |
|
|
|
|
|
|
|
|
Class A |
|
Class B |
|
Class C |
|
Total |
|
|
Principal
Distribution Required Amount |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Interest
Distribution Required Amount |
|
|
|
|
|
$ 1,749,855.71 |
|
$ 245,566.31 |
|
$ 456,985.27 |
|
$ 2,452,407.29 |
|
|
Unpaid Principal
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Unpaid Interest
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Prepayable
Interest |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Servicing Fee |
|
|
|
|
|
|
|
|
|
$ 490,196.67 |
|
$ 490,196.67 |
|
|
Total Required
Distribution |
|
|
|
|
|
$ 1,749,855.71 |
|
$ 245,566.31 |
|
$ 947,181.94 |
|
$ 2,942,603.96 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Required
Distribution to Class A & Class B investors |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Series
2000-99-3 |
|
|
|
|
|
|
|
|
Class A |
|
Class B |
|
Class C |
|
Total |
|
|
Principal
Distribution Required Amount |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Interest
Distribution Required Amount |
|
|
|
|
|
$ 1,062,360.47 |
|
$ 141,826.46 |
|
$ 228,491.49 |
|
$ 1,432,678.42 |
|
|
Unpaid Principal
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Unpaid Interest
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Prepayable
Interest |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Servicing Fee |
|
|
|
|
|
|
|
|
|
$ 441,176.67 |
|
$ 441,176.67 |
|
|
Total Required
Distribution |
|
|
|
|
|
$ 1,062,360.47 |
|
$ 141,826.46 |
|
$ 669,668.16 |
|
$ 1,873,855.09 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Required
Distribution to Class A & Class B investors |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Series
2000-99-4 |
|
|
|
|
|
|
|
|
Class A |
|
Class B |
|
Class C |
|
Total |
|
|
Principal
Distribution Required Amount |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Interest
Distribution Required Amount |
|
|
|
|
|
$ 2,392,218.00 |
|
$ 330,632.05 |
|
$ 507,755.66 |
|
$ 3,230,605.71 |
|
|
Unpaid Principal
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Unpaid Interest
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Prepayable
Interest |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Servicing Fee |
|
|
|
|
|
|
|
|
|
$ 980,391.67 |
|
$ 980,391.67 |
|
|
Total Required
Distribution |
|
|
|
|
|
$ 2,392,218.00 |
|
$ 330,632.05 |
|
$ 1,488,147.33 |
|
$ 4,210,997.38 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Required Distribution to Class A & Class B investors |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Series
2000-1 |
|
|
|
|
|
|
|
|
Class A |
|
Class B |
|
Class C |
|
Total |
|
|
Principal
Distribution Required Amount |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Interest
Distribution Required Amount |
|
|
|
|
|
$ 4,856,663.89 |
|
$ 675,823.78 |
|
$ 959,835.94 |
|
$ 6,492,323.61 |
|
|
Unpaid Principal
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Unpaid Interest
Shortfalls paid this Period |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Prepayable
Interest |
|
|
|
|
|
$ - |
|
$ - |
|
$ - |
|
$ - |
|
|
Servicing Fee |
|
|
|
|
|
|
|
|
|
$ 1,888,889.00 |
|
$ 1,888,889.00 |
|
|
Total Required
Distribution |
|
|
|
|
|
$ 4,856,663.89 |
|
$ 675,823.78 |
|
$ 2,848,724.94 |
|
$ 8,381,212.61 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Required Distribution to Class A & Class B investors |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CASH
DISBURSEMENTS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Servicer
Payment to trustee for Series 2000-98-1 |
|
|
|
|
|
|
|
|
$ 4,772,713.44 |
|
|
|
|
Servicer
Payment to trustee for Series 2000-98-2 |
|
|
|
|
|
|
|
|
$ 4,470,927.15 |
|
|
|
|
Servicer
Payment to trustee for Series 2000-99-1 |
|
|
|
|
|
|
|
|
$ 3,201,290.70 |
|
|
|
|
Servicer
Payment to trustee for Series 2000-99-2 |
|
|
|
|
|
|
|
|
$ 2,452,407.29 |
|
|
|
|
Servicer
Payment to trustee for Series 2000-99-3 |
|
|
|
|
|
|
|
|
$ 1,432,678.42 |
|
|
|
|
Servicer
Payment to trustee for Series 2000-99-4 |
|
|
|
|
|
|
|
|
$ 3,230,605.71 |
|
|
|
|
Servicer
Payment to trustee for Series 2000-1 |
|
|
|
|
|
|
|
|
$ 6,492,323.61 |
|
|
|
|
Total
Servicer Payment to trustee for all Series' |
|
|
|
|
|
|
|
|
$ 26,052,946.32 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trustee
Payment to Series 2000-98-1 Class C |
|
|
|
|
|
|
|
|
$ 762,482.29 |
|
|
|
|
Trustee
Payment to Series 2000-98-2 Class C |
|
|
|
|
|
|
|
|
$ 711,427.63 |
|
|
|
|
Trustee
Payment to Series 2000-99-1 Class C |
|
|
|
|
|
|
|
|
$ 609,306.79 |
|
|
|
|
Trustee
Payment to Series 2000-99-2 Class C |
|
|
|
|
|
|
|
|
$ 456,985.27 |
|
|
|
|
Trustee
Payment to Series 2000-99-3 Class C |
|
|
|
|
|
|
|
|
$ 228,491.49 |
|
|
|
|
Trustee
Payment to Series 2000-99-4 Class C |
|
|
|
|
|
|
|
|
$ 507,755.66 |
|
|
|
|
Trustee
Payment to Series 2000-1 Class C |
|
|
|
|
|
|
|
|
$ 959,835.94 |
|
|
|
|
Total
Trustee Payment to all Class C Investor's |
|
|
|
|
|
|
|
|
$ 4,236,285.07 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|