|
|
|
|
|
|
|
|
|
|
|
|
|
|
Previous: UACSC 2000-A OWNER TRUST AUTO REC BACKED NOTES, 10-K405, 2000-09-28 |
Next: UACSC 2000-A OWNER TRUST AUTO REC BACKED NOTES, 15-15D, 2000-09-28 |
UACSC 2000-A
UNION ACCEPTANCE CORPORATION
(Servicer)
06/30/00
<TABLE>
<CAPTION>
NOTE BALANCE RECONCILIATION DOLLARS
CLASS A-1 CLASS A-2 CLASS A-3 CLASS A-4 CLASS B
------------- ------------- ------------- ------------- -------------
<S> <C> <C> <C> <C> <C>
Original Note Balances 30,000,000.00 90,425,000.00 88,175,000.00 57,158,000.00 16,963,339.00
Beginning Period Note Balances 0.00 86,150,022.71 88,175,000.00 57,158,000.00 16,963,339.00
Principal Collections - Scheduled Payments - 3,415,308.37 - - -
Principal Collections - Payoffs - 2,748,064.16 - - -
Principal Withdrawal from Payahead - 2,663.64 - - -
Gross Principal Charge Offs - 566,248.64 - - -
Repurchases - - - - -
Accelerated Principal - - - - -
Principal shortfall, up to Accelerated Principal - - - - -
Total Principal to be Distributed - 6,732,284.81 - - -
------------- ------------- ------------- ------------- -------------
Ending Note Balances 0.00 79,417,737.90 88,175,000.00 57,158,000.00 16,963,339.00
============= ============= ============= ============= =============
Note Factor 0.0000000 0.8782719 1.0000000 1.0000000 1.0000000
Interest Rate 5.99250% 6.7200% 7.2700% 7.440% 7.570%
</TABLE>
NOTE BALANCE RECONCILIATION NUMBERS
TOTAL
-------------- ------
Original Note Balances 282,721,339.00 19,851
Beginning Period Note Balances 248,446,361.71 18,215
Principal Collections - Scheduled Payments 3,415,308.37
Principal Collections - Payoffs 2,748,064.16 435
Principal Withdrawal from Payahead 2,663.64
Gross Principal Charge Offs 566,248.64 42
Repurchases - 0
Accelerated Principal -
Principal shortfall, up to Accelerated Principal
Total Principal to be Distributed 6,732,284.81
-------------- ------
Ending Note Balances 241,714,076.90 17,738
============== ======
Note Factor 0.8549552
Interest Rate 7.0109%
<PAGE>
PRINCIPAL BALANCE RECONCILIATION
Original Principal Balance 282,721,339.93
Beginning Period Principal Balance 251,273,576.03
Principal Collections - Scheduled Payments 3,415,308.37
Principal Collections - Payoffs 2,748,064.16
Principal Withdrawal from Payahead 2,663.64
Gross Principal Charge Offs 566,248.64
Repurchases -
--------------
Ending Principal Balance 244,541,291.22
==============
Ending Note Balances 241,714,076.90
==============
Tail not sold 0.93
==============
Cumulative Accelerate Principal 2,827,213.39
==============
CASH FLOW RECONCILIATION
Principal Wired 6,164,842.78
Interest Wired 2,559,317.90
Withdrawal from Payahead Account 2,722.55
Repurchases (Principal and Interest) -
Charge Off Recoveries 69,853.00
Interest Advances 49,611.66
Collection Account Interest Earned 31,433.62
Spread Account Withdrawal -
Policy Draw for Principal or Interest -
--------------
Total Cash Flow 8,877,781.51
==============
TRUSTEE DISTRIBUTION(7/10/00)
Total Cash Flow 8,877,781.51
Unrecovered Advances on Defaulted Receivables 18,415.83
Servicing Fee (Due and Unpaid) -
Interest to Class A-1 Noteholders, including any overdue amounts -
Interest to Class A-2 Noteholders, including any overdue amounts 482,440.13
Interest to Class A-3 Noteholders, including any overdue amounts 534,193.54
Interest to Class A-4 Noteholders, including any overdue amounts 354,379.60
Interest to Class B Noteholders, including any overdue amounts 107,010.40
Principal to Class A-1 Noteholders, including any overdue amounts -
Principal to Class A-2 Noteholders, including any overdue amounts 6,732,284.81
Principal to Class A-3 Noteholders, including any overdue amounts -
Principal to Class A-4 Noteholders, including any overdue amounts -
Principal to Class B Noteholders, including any overdue amounts -
Insurance Premium 33,126.18
Interest Advance Recoveries from Payments 31,915.93
Unreimbursed draws on the Policy for Principal or Interest -
Deposit to Payahead 1,470.84
Payahead Account Interest to Servicer 40.08
Excess 582,504.17
--------------
Net Cash -
==============
Servicing Fee Retained from Interest Collections 209,394.65
<PAGE>
SPREAD ACCOUNT RECONCILIATION
Original Balance 2,120,410.05
Beginning Balance 2,538,360.37
Trustee Distribution of Excess 582,504.17
Interest Earned 12,998.08
Spread Account Draws -
Reimbursement for Prior Spread Account Draws -
Distribution of Funds to Servicer -
--------------
Ending Balance 3,133,862.62
==============
Required Balance 3,534,016.75
FIRST LOSS PROTECTION AMOUNT RECONCILIATION
Original Balance 14,136,067.00
Beginning Balance 8,394,653.77
Reduction Due to Spread Account (391,948.11)
Reduction Due to Accelerated Principal (444,544.86)
Reduction Due to Principal Reduction (360,055.76)
--------------
Ending Balance 7,198,105.04
==============
First Loss Protection Required Amount 7,198,105.04
First Loss Protection Fee % 2.00%
First Loss Protection Fee 11,996.84
POLICY RECONCILIATION
Original Balance 282,721,339.00
Beginning Balance 247,641,489.53
Draws -
Reimbursement of Prior Draws -
--------------
Ending Balance 247,641,489.53
==============
Adjusted Ending Balance Based Upon Required Balance 240,267,632.60
==============
Required Balance 240,267,632.60
PAYAHEAD RECONCILIATION
Beginning Balance 7,769.84
Deposit 1,470.84
Payahead Interest 40.08
Withdrawal 2,722.55
--------------
Ending Balance 6,558.21
==============
<PAGE>
CURRENT DELINQUENCY
PRINCIPAL % OF ENDING
# PAYMENTS DELINQUENT NUMBER BALANCE POOL BALANCE
--------------------- ------ ------- ------------
1 Payment 220 2,515,839.95 1.03%
2 Payments 83 1,081,159.42 0.44%
3 Payments 47 646,569.09 0.26%
--- ------------
Total 350 4,243,568.46 1.74%
=== ============
DELINQUENCY RATE (60+)
RECEIVABLE
END OF PERIOD DELINQUENCY
PERIOD BALANCE POOL BALANCE RATE
------ ------- ------------ ----
Current 1,727,728.51 244,541,291.22 0.71%
1st Previous 1,833,869.86 251,273,576.03 0.73%
2nd Previous 1,495,398.68 258,474,691.17 0.58%
NET LOSS RATE
<TABLE>
<CAPTION>
DEFAULTED
LIQUIDATION AVERAGE NET LOSS
PERIOD BALANCE PROCEEDS POOL BALANCE (ANNUALIZED)
------ ------- -------- ------------ ------------
<S> <C> <C> <C> <C>
Current 566,248.64 69,853.00 247,907,433.63 2.40%
1st Previous 414,249.39 34,386.17 254,874,133.60 1.79%
2nd Previous 145,915.23 3,659.75 261,896,959.17 0.65%
Gross Cumulative Charge Offs 1,174,253.80 Number of Repossessions 37
Gross Liquidation Proceeds 113,965.17 Number of Inventoried Autos EOM 58
Net Cumulative Loss Percentage 0.38% Amount of Inventoried Autos EOM 446,900.00
Net Cumulative Loss Percentage
(adjusted for estimated
future Liquidation Proceeds) 0.22%
Trigger 0.60%
Status OK
</TABLE>
EXCESS YIELD TRIGGER
EXCESS YIELD
EXCESS END OF PERIOD PERCENTAGE
PERIOD YIELD POOL BALANCE (ANNUALIZED)
------ ----- ------------ ------------
Current 634,346.85 241,714,076.90 3.15%
1st Previous 874,317.17 248,446,361.71 4.22%
2nd Previous 892,742.03 256,092,021.71 4.18%
3rd Previous 1,280,574.73 263,802,005.30 5.83%
4th Previous 262,842.65 273,190,440.52 1.15%
5th Previous - - 0.00%
CURRENT
LEVEL TRIGGER STATUS
----- ------- ------
Six Month Average Excess Yield N/A 1.50% N/A
Trigger Hit in Current or any Previous Month NO
DATE: June 6, 2000 /s/ Diane Slomka
---------------------------------
DIANE SLOMKA
FINANCE OFFICER
|
|