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Previous: VANDERBILT MORT & FI INC MAN HO CO SE SU PAS TH CE SE 2000A, 8-K, 2000-10-27 |
Next: HOUSEHOLD AUTOMOTIVE TRUST IV SERIES 2000-1, 8-K, 2000-10-27 |
<PAGE> 1
Exhibit 20
Bank of New York Determination Date: 04-Oct-00
Manufactured Housing Contracts Remittance Date: 10-Oct-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Sep-00
Lock-Out Date: Mar-05
<TABLE>
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-1 Class I A-2 Class I A-3
<S> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 1,997,503.53 208,450.00 208,533.33
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due 360,079.59
(b) Partial Prepayments Received 127,357.75
(c) Principal Payments in Full (Scheduled Balance) 1,247,499.56
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
------------- ------------- -------------
Total Principal Distribution 1,734,936.90 0.00 0.00
(c) Interest Distribution 262,566.63 208,450.00 208,533.33
Unpaid Interest Shortfall 0.00 0.00 0.00
------------- ------------- -------------
Total Interest Distribution 262,566.63 208,450.00 208,533.33
(d) Beginning Class I A and Class I B Principal Balance 42,435,010.41 33,000,000.00 32,000,000.00
Less: Principal Distribution 1,734,936.90 0.00 0.00
------------- ------------- -------------
Remaining Class A and Class B Principal Balance 40,700,073.51 33,000,000.00 32,000,000.00
(e) Fees Due Servicer
Monthly Servicing Fee 178,305.22 (h) Pool Factor
Section 8.06 Reimbursement Amount 0.00 Class I A-1 0.75370507
Section 6.02 Reimbursement Amount 16,588.63 Class I A-2 1.00000000
Reimburseable Fees 0.00 Class I A-3 1.00000000
------------- Class I A-4 1.00000000
Total Fees Due Servicer 194,893.85 Class I A-5 1.00000000
Class I M-1 1.00000000
Class I B-1 1.00000000
Class I B-2 1.00000000
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-4 Class I A-5 Class I M-1
<S> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 180,240.41 62,398.10 52,601.54
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
------------- ------------ ------------
Total Principal Distribution 0.00 0.00 0.00
(c) Interest Distribution 180,240.41 62,398.10 52,601.54
Unpaid Interest Shortfall 0.00 0.00 0.00
------------- ------------ ------------
Total Interest Distribution 180,240.41 62,398.10 52,601.54
(d) Beginning Class I A and Class I B Principal Balance 27,189,000.00 9,137,000.00 7,310,000.00
Less: Principal Distribution 0.00 0.00 0.00
------------- ------------ ------------
Remaining Class A and Class B Principal Balance 27,189,000.00 9,137,000.00 7,310,000.00
(e) Fees Due Servicer
Monthly Servicing Fee Original Balance Rate
Section 8.06 Reimbursement Amount 54,000,000.00 6.7500%
Section 6.02 Reimbursement Amount 33,000,000.00 7.5800%
Reimburseable Fees 32,000,000.00 7.8200%
27,189,000.00 7.9550%
Total Fees Due Servicer 9,137,000.00 8.1950%
7,310,000.00 8.6350%
7,310,000.00 9.2500%
12,792,000.00 9.2500%
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I B-1 Class I B-2
<S> <C> <C>
(a) Class I A and Class I B Distribution Amounts 56,347.92 98,605.00
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
------------
Total Principal Distribution 0.00 0.00
(c) Interest Distribution 56,347.92 98,605.00
Unpaid Interest Shortfall 0.00 0.00
------------
Total Interest Distribution 56,347.92 98,605.00
(d) Beginning Class I A and Class I B Principal Balance 7,310,000.00 12,792,000.00
Less: Principal Distribution 0.00 0.00
------------
Remaining Class A and Class B Principal Balance 7,310,000.00 12,792,000.00
(e) Fees Due Servicer
Monthly Servicing Fee
Section 8.06 Reimbursement Amount 6.62000% Libor
Section 6.02 Reimbursement Amount 0.13% Spread
Reimburseable Fees
Total Fees Due Servicer
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
<S> <C> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
Total Principal Distribution
1,263,750.26
(c) Interest Distribution 1,129,742.93
Unpaid Interest Shortfall
Total Interest Distribution
When
(d) Beginning Class I A and Class I B Principal Balance 169,438,073.51
Less: Principal Distribution 1,734,936.90 is less than
182,738,000.00
Remaining Class A and Class B Principal Balance 0.10
18,273,800.00
(e) Fees Due Servicer We can prepay
Monthly Servicing Fee Rate
Section 8.06 Reimbursement Amount Class A-1 6.750% 42,435,010.41 2,864,363
Section 6.02 Reimbursement Amount Class A-2 7.580% 33,000,000.00 2,501,400
Reimburseable Fees Class A-3 7.820% 32,000,000.00 2,502,400
Class A-4 7.955% 27,189,000.00 2,162,885
Total Fees Due Servicer Class A-5 8.195% 9,137,000.00 748,777
Class A-6 8.635% 7,310,000.00 631,219
Class B-1 9.250% 7,310,000.00 676,175
Class B-2 9.250% 12,792,000.00 1,183,260
171,173,010.41 13,270,479 7.75%
</TABLE>
<PAGE> 2
Bank of New York Determination Date: 04-Oct-00
Manufactured Housing Contracts Remittance Date: 10-Oct-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Sep-00
Lock-Out Date: Mar-05
<TABLE>
<CAPTION>
Unpaid Unpaid
No. of Principal No. of Principal
(f) Delinquency as of the 25th Contracts Balance Delinquency as of Calendar Month Contracts Balance
<S> <C> <C> <C> <C> <C>
31-59 Days Delinquent 266 8,473,769 31-59 Days Delinquent 173 5,398,640
60-89 Days Delinquent 59 1,937,201 60-89 Days Delinquent 48 1,613,217
90+ Days Delinquent 90 3,134,107 90+ Days Delinquent 87 2,859,730
3-Month Avg Thirty-Day Delinquency 3-Month Avg Thirty-Day Delinquency
Ratio 5.15% Ratio 3.49%
3-Month Avg Sixty-Day Delinquency 3-Month Avg Sixty-Day Delinquency
Ratio 2.73% Ratio 2.54%
(g) Section 3.05 Repurchases 0.00
(i) Class R Distribution Amount 0.00 Acquisition Loss Amount
Reposession Profits 0.00
Current Month Acquisition Loss Amount 11,963.74
(j) Principal Balance of Contracts in Repossession 1,461,894.91 Cumulative Acquisition Loss Amount 130,854.07
(k) Aggregate Net Liquidation Losses 0.00
(l) (x) Class B-2 Formula Distribution Amount 98,605.00
(y) Remaining Amount Available 232,612.33
------------
Amount of (x) over (y) 0.00
(m) Class B-2 Liquidation Loss Amount 0.00
(n) Guarantee Payment 0.00
(o) Unadvanced Shortfalls 0.00
No. $
(p) Units repossessed 17 524,704.59
(q) Principal Prepayments paid 1,374,857.31
(r) Scheduled Principal Payments 360,079.59
(s) Weighted Average Interest Rate 10.94%
</TABLE>
<PAGE> 3
Bank of New York Determination Date: 04-Oct-00
Manufactured Housing Contracts Remittance Date: 10-Oct-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Sep-00
Lock-Out Date: Mar-05
<TABLE>
<CAPTION>
Computation of Available Distribution Amount
<S> <C>
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 2,783,924.97
Certificate Account Balance at Monthly Cutoff-SubServicer-21st 531,972.55
(ii) Monthly Advance made 0.00
(iii) Section 5.05 Certificate Fund Income-Vanderbilt 10,482.98
(iii) Section 5.05 Certificate Fund Income-SubServicer-21st 1,616.06
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 122,281.68
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-SubServicer-21st 12,133.87
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 178,305.22
(iv) Reimbursable Liquidation Expenses 16,588.63
(v) Section 6.04 (c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer-21st 0.00
Total Due Servicer 194,893.85
Available Distribution Amount-Vanderbilt 2,477,232.42
Available Distribution Amount-SubServicer-21st 521,454.74
To Class A and B 2,864,679.83
Monthly Excess Cashflow 134,007.33
Weighted Average Remaining Term (months) 218.00
Scheduled Balance Computation
Prior Month Balance 171,173,010.41
Current Balance 169,538,107.87
Adv Principal 31,254.27
Del Principal 131,288.63
Pool Scheduled Balance 169,438,073.51
Principal Payments in Full 1,247,499.56
Partial Prepayments 127,357.75
Scheduled Principal 360,079.59
Collateral Balance 169,538,107.87
</TABLE>
<PAGE> 4
Bank of New York Determination Date: 04-Oct-00
Manufactured Housing Contracts Remittance Date: 10-Oct-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Sep-00
Lock-Out Date: Mar-05
<TABLE>
<CAPTION>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
Class II A-1 Class II B-1 Class II B-2 Class II B-3
<S> <C> <C> <C> <C>
(v) Class II A and Class II B Distribution Amounts 949,808.48 59,037.09 38,903.55 49,395.02
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due 110,991.36
(b) Partial Prepayments Received 50,525.17
(c) Principal Payments in Full (Scheduled Balance) 416,265.42
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
(g) Accelerated Principal Payment 0.00
------------- ------------ ------------ ------------
Total Principal Distribution 577,781.95 0.00 0.00 0.00
(x) Interest Distribution 372,026.53 59,037.09 38,903.55 49,395.02
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------ ------------ ------------
Total Interest Distribution 372,026.53 59,037.09 38,903.55 49,395.02
(y) Beginning Class I A and Class I B Principal Balance 58,648,428.91 9,071,000.00 4,867,000.00 5,974,000.00
Less: Principal Distribution 577,781.95 0.00 0.00 0.00
------------- ------------ ------------ ------------
Remaining Class A and Class B Principal Balance 58,070,646.96 9,071,000.00 4,867,000.00 5,974,000.00
(z) Fees Due Servicer
Monthly Servicing Fee 85,059.97 (ac) Pool Factor Original Balance
Section 8.06 Reimbursement Amount 0.00 Class II A-1 0.84679480 68,577,000.00
Section 6.02 Reimbursement Amount 12,000.00 Class II B-1 1.00000000 9,071,000.00
Reimburseable Fees 0.00 Class II B-2 1.00000000 4,867,000.00
Class II B-3 1.00000000 5,974,000.00
-------------
Total Fees Due Servicer 97,059.97
<CAPTION>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
<S> <C> <C> <C> <C> <C> <C>
(v) Class II A and Class II B Distribution Amounts
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
(g) Accelerated Principal Payment
Total Principal Distribution
(x) Interest Distribution 519,362.19
Unpaid Interest Shortfall
Total Interest Distribution When
77,982,646.96
(y) Beginning Class I A and Class I B Principal Balance is less than
Less: Principal Distribution 577,781.95 88,489,000.00
X
Remaining Class A and Class B Principal Balance 0.10
8,848,900.00
(z) Fees Due Servicer We can prepaid
Monthly Servicing Fee Rate Libor Spread
Section 8.06 Reimbursement Amount 6.9200% 6.62000% 0.30% 58,648,429 4,058,471
Section 6.02 Reimbursement Amount 7.1000% 0.48% 9,071,000 644,041
Reimburseable Fees 8.7200% 2.10% 4,867,000 424,402
9.0200% 2.40% 5,974,000 538,855
----------------------
Total Fees Due Servicer 78,560,429 5,665,769 7.21%
</TABLE>
<PAGE> 5
Bank of New York Determination Date: 04-Oct-00
Manufactured Housing Contracts Remittance Date: 10-Oct-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Sep-00
Lock-Out Date: Mar-05
<TABLE>
<CAPTION>
Unpaid Unpaid
No. of Principal Delinquency as No. of Principal
(aa) Delinquency as of the 25th Contracts Balance of Calendar Month Contracts Balance
<S> <C> <C> <C> <C> <C>
31-59 Days Delinquent 53 2,504,491 31-59 Days Delinquent 28 1,300,439
60-89 Days Delinquent 10 419,996 60-89 Days Delinquent 6 244,007
90+ Days Delinquent 11 564,138 90+ Days Delinquent 7 381,599
3-Month Avg Thirty-Day Delinquency Ratio 3.36% 3-Month Avg Thirty-Day
3-Month Avg Sixty-Day Delinquency Ratio 0.96% Delinquency Ratio 1.63%
3-Month Avg Sixty-Day
(ab) Section 3.05 Repurchases 0.00 Delinquency Ratio 0.76%
(ad) Class R Distribution Amount 206,718.49
Reposession Profits 0.00
(ae) Principal Balance of Contracts in Repossession 342,818.99
(af) Aggregate Net Liquidation Losses 0.00
(ag) (x) Class B-3 Formula Distribution Amount 49,395.02
(y) Remaining Amount Available 72,711.16
------------
Amount of (x) over (y) 0.00
(ah) Class B-2 Liquidation Loss Amount 0.00
(ai) Guarantee Payment 0.00
(aj) Unadvanced Shortfalls 0.00
No. $
(ak) Units repossessed 7 349,444.78
(al) Principal Prepayments paid 466,790.59
(am) Scheduled Principal Payments 110,991.36
(an) Weighted Average Interest Rate 10.03%
</TABLE>
<PAGE> 6
Bank of New York Determination Date: 04-Oct-00
Manufactured Housing Contracts Remittance Date: 10-Oct-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Sep-00
Lock-Out Date: Mar-05
<TABLE>
<CAPTION>
Computation of Available Distribution Amount
<S> <C>
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 1,305,984.55
(ii) Monthly Advance made 0.00
(iii) Section 5.05 Certificate Fund Income-Vanderbilt 4,746.78
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 43,816.06
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 85,059.97
(iv) Reimbursable Liquidation Expenses 12,000.00
(v) Section 6.04(c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer 0.00
Total Due Servicer 97,059.97
Available Distribution Amount 1,169,855.30
To Class A and B - Scheduled Principal and Interest 1,097,144.14
Monthly Excess Cashflow Class II 72,711.16
Monthly Excess Cashflow Class I 134,007.33
Accelerated Principal Payment 0.00
Weighted Average Remaining Term (months) 255.00
Scheduled Balance Computation
Prior Month Balance 81,657,567.58
Current Balance 81,105,418.79
Adv Principal 6,315.24
Del Principal 31,948.40
Pool Scheduled Balance 81,079,785.63
Principal Payments in Full 416,265.42
Partial Prepayments 50,525.17
Scheduled Principal 110,991.36
Collateral Balance 81,105,418.79
Overcollateralization Amount 3,097,139
Required Overcollateralization Amount 3,097,139
</TABLE>
<PAGE> 7
Bank of New York Determination Date: 01-Sep-00
Manufactured Housing Contracts Remittance Date: 07-Sep-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Aug-00
Lock-Out Date: Mar-05
<TABLE>
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-1 Class I A-2 Class I A-3 Class I A-4
<S> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 2,044,609.63 208,450.00 208,533.33 180,240.41
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due 357,318.17
(b) Partial Prepayments Received 67,859.19
(c) Principal Payments in Full (Scheduled Balance) 1,362,388.55
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
------------- ------------- ------------- -------------
Total Principal Distribution 1,787,565.91 0.00 0.00 0.00
(c) Interest Distribution 257,043.72 208,450.00 208,533.33 180,240.41
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------- ------------- -------------
Total Interest Distribution 257,043.72 208,450.00 208,533.33 180,240.41
(d) Beginning Class I A and Class I B Principal Balance 44,222,576.32 33,000,000.00 32,000,000.00 27,189,000.00
Less: Principal Distribution 1,787,565.91 0.00 0.00 0.00
------------- ------------- ------------- -------------
Remaining Class A and Class B Principal Balance 42,435,010.41 33,000,000.00 32,000,000.00 27,189,000.00
(e) Fees Due Servicer
Monthly Servicing Fee 180,167.27 (h) Pool Factor
Section 8.06 Reimbursement Amount 0.00 Class I A-1 0.78583353
Section 6.02 Reimbursement Amount 75,754.22 Class I A-2 1.00000000
Reimburseable Fees 0.00 Class I A-3 1.00000000
------------ Class I A-4 1.00000000
Total Fees Due Servicer 255,921.49 Class I A-5 1.00000000
Class I M-1 1.00000000
Class I B-1 1.00000000
Class I B-2 1.00000000
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-5 Class I M-1 Class I B-1 Class I B-2
<S> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 62,398.10 52,601.54 56,347.92 98,605.00
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
------------- ------------ ------------ -------------
Total Principal Distribution 0.00 0.00 0.00 0.00
(c) Interest Distribution 62,398.10 52,601.54 56,347.92 98,605.00
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------ ------------ -------------
Total Interest Distribution 62,398.10 52,601.54 56,347.92 98,605.00
(d) Beginning Class I A and Class I B Principal Balance 9,137,000.00 7,310,000.00 7,310,000.00 12,792,000.00
Less: Principal Distribution 0.00 0.00 0.00 0.00
------------- ------------ ------------ -------------
Remaining Class A and Class B Principal Balance 9,137,000.00 7,310,000.00 7,310,000.00 12,792,000.00
(e) Fees Due Servicer
Monthly Servicing Fee Original Balance Rate
Section 8.06 Reimbursement Amount 54,000,000.00 6.7500% 6.62000% Libor
Section 6.02 Reimbursement Amount 33,000,000.00 7.5800% 0.13% Spread
Reimburseable Fees 32,000,000.00 7.8200%
27,189,000.00 7.9550%
Total Fees Due Servicer 9,137,000.00 8.1950%
7,310,000.00 8.6350%
7,310,000.00 9.2500%
12,792,000.00 9.2500%
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
<S> <C> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
Total Principal Distribution
1,276,421.07
(c) Interest Distribution 1,124,220.02
Unpaid Interest Shortfall
Total Interest Distribution
When
(d) Beginning Class I A and Class I B Principal Balance 171,173,010.41
Less: Principal Distribution 1,787,565.91 is less than
182,738,000.00
Remaining Class A and Class B Principal Balance 0.10
18,273,800.00
(e) Fees Due Servicer We can prepay
Monthly Servicing Fee Rate
Section 8.06 Reimbursement Amount Class A-1 6.750% 44,222,576.32 2,985,024
Section 6.02 Reimbursement Amount Class A-2 7.580% 33,000,000.00 2,501,400
Reimburseable Fees Class A-3 7.820% 32,000,000.00 2,502,400
Class A-4 7.955% 27,189,000.00 2,162,885
Total Fees Due Servicer Class A-5 8.195% 9,137,000.00 748,777
Class A-6 8.635% 7,310,000.00 631,219
Class B-1 9.250% 7,310,000.00 676,175
Class B-2 9.250% 12,792,000.00 1,183,260
172,960,576.32 13,391,140 7.74%
</TABLE>
<PAGE> 8
Bank of New York Determination Date: 01-Sep-00
Manufactured Housing Contracts Remittance Date: 07-Sep-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Aug-00
Lock-Out Date: Mar-05
<TABLE>
<CAPTION>
Unpaid Unpaid
No. of Principal Delinquency as No. of Principal
(f) Delinquency as of the 25th Contracts Balance of Calendar Month Contracts Balance
<S> <C> <C> <C> <C> <C>
31-59 Days Delinquent 279 9,005,155 31-59 Days Delinquent 202 6,314,857
60-89 Days Delinquent 58 1,870,693 60-89 Days Delinquent 49 1,651,381
90+ Days Delinquent 85 2,848,494 90+ Days Delinquent 82 2,721,496
3-Month Avg Thirty-Day Delinquency Ratio 4.83% 3-Month Avg Thirty-Day 3.27%
3-Month Avg Sixty-Day Delinquency Ratio 2.43% Delinquency Ratio 2.29%
3-Month Avg Sixty-Day
(g) Section 3.05 Repurchases 0.00 Delinquency Ratio
(i) Class R Distribution Amount 0.00 Acquistion Loss Amount
Reposession Profits 0.00
Current Month Acquisition
(j) Principal Balance of Contracts in Repossession 1,095,000.13 Loss Amount 48,666.90
Cumulative Acquisition
(k) Aggregate Net Liquidation Losses 0.00 Loss Amount 118,890.33
(l) (x) Class B-2 Formula Distribution Amount 98,605.00
(y) Remaining Amount Available 250,806.05
------------
Amount of (x) over (y) 0.00
(m) Class B-2 Liquidation Loss Amount 0.00
(n) Guarantee Payment 0.00
(o) Unadvanced Shortfalls 0.00
No. $
(p) Units repossessed 10 333,635.29
(q) Principal Prepayments paid 1,430,247.74
(r) Scheduled Principal Payments 357,318.17
(s) Weighted Average Interest Rate 10.95%
</TABLE>
<PAGE> 9
Bank of New York Determination Date: 01-Sep-00
Manufactured Housing Contracts Remittance Date: 07-Sep-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Aug-00
Lock-Out Date: Mar-05
<TABLE>
<CAPTION>
Computation of Available Distribution Amount
<S> <C>
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 3,127,787.84
Certificate Account Balance at Monthly Cutoff-SubServicer-21st 346,086.72
(ii) Monthly Advance made 0.00
(iii)Section 5.05 Certificate Fund Income-Vanderbilt 11,125.38
(iii)Section 5.05 Certificate Fund Income-SubServicer-21st 1,183.62
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 151,263.88
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-SubServicer-21st 15,011.21
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 180,167.27
(iv) Reimbursable Liquidation Expenses 75,754.22
(v) Section 6.04(c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer-21st 0.00
Total Due Servicer 255,921.49
Available Distribution Amount-Vanderbilt 2,731,727.85
Available Distribution Amount-SubServicer-21st 332,259.13
To Class A and B 2,911,785.93
Monthly Excess Cashflow 152,201.05
Weighted Average Remaining Term (months) 218.00
Scheduled Balance Computation
Prior Month Balance 172,960,576.32
Current Balance 171,253,091.33
Adv Principal 36,549.00
Del Principal 116,629.92
Pool Scheduled Balance 171,173,010.41
Principal Payments in Full 1,362,388.55
Partial Prepayments 67,859.19
Scheduled Principal 357,318.17
Collateral Balance 171,253,091.33
</TABLE>
<PAGE> 10
Bank of New York Determination Date: 01-Sep-00
Manufactured Housing Contracts Remittance Date: 07-Sep-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-Aug-00
Lock-Out Date: Mar-05
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
Class II A-1 Class II B-1 Class II B-2 Class II B-3
(v) Class II A and Class II B Distribution Amounts 1,113,635.84 55,459.09 36,545.76 46,401.39
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due 117,098.33
(b) Partial Prepayments Received 120,417.67
(c) Principal Payments in Full (Scheduled Balance) 522,113.82
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
(g) Accelerated Principal Payment 0.00
------------- ------------ ------------ ------------
Total Principal Distribution 759,629.82 0.00 0.00 0.00
(x) Interest Distribution 354,006.02 55,459.09 36,545.76 46,401.39
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------ ------------ ------------
Total Interest Distribution 354,006.02 55,459.09 36,545.76 46,401.39
(y) Beginning Class I A and Class I B Principal Balance 59,408,058.73 9,071,000.00 4,867,000.00 5,974,000.00
Less: Principal Distribution 759,629.82 0.00 0.00 0.00
------------- ------------ ------------ ------------
Remaining Class A and Class B Principal Balance 58,648,428.91 9,071,000.00 4,867,000.00 5,974,000.00
(z) Fees Due Servicer Original
Monthly Servicing Fee 85,851.25 (ac) Pool Factor Balance
Section 8.06 Reimbursement Amount 0.00 Class II A-1 0.85522010 68,577,000.00
Section 6.02 Reimbursement Amount 16,000.00 Class II B-1 1.00000000 9,071,000.00
Reimburseable Fees 0.00 Class II B-2 1.00000000 4,867,000.00
------------- Class II B-3 1.00000000 5,974,000.00
Total Fees Due Servicer 101,851.25
<CAPTION>
<S> <C> <C> <C> <C> <C> <C>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
(v) Class II A and Class II B Distribution Amounts
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
(g) Accelerated Principal Payment
Total Principal Distribution
(x) Interest Distribution 492,412.26
Unpaid Interest Shortfall
Total Interest Distribution When
78,560,428.91
(y) Beginning Class I A and Class I B Principal Balance is less than
Less: Principal Distribution 759,629.82 88,489,000.00
X
Remaining Class A and Class B Principal Balance 0.10
8,848,900.00
(z) Fees Due Servicer We can prepaid
Monthly Servicing Fee Rate Libor Spread
Section 8.06 Reimbursement Amount 6.9200% 6.62000% 0.30% 59,408,059 4,111,038
Section 6.02 Reimbursement Amount 7.1000% 0.48% 9,071,000 644,041
Reimburseable Fees 8.7200% 2.10% 4,867,000 424,402
9.0200% 2.40% 5,974,000 538,855
Total Fees Due Servicer ---------------------
79,320,059 5,718,336 7.21%
</TABLE>
<PAGE> 11
Bank of New York Determination Date: 01-Sep-00
Manufactured Housing Contracts Remittance Date: 07-Sep-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-Aug-00
Lock-Out Date: Mar-05
<TABLE>
<CAPTION>
Unpaid Unpaid
No. of Principal Delinquency as No. of Principal
(aa) Delinquency as of the 25th Contracts Balance of Calendar Month Contracts Balance
<S> <C> <C> <C> <C> <C> <C> <C>
31-59 Days Delinquent 55 2,675,145 31-59 Days Delinquent 27 1,144,232
60-89 Days Delinquent 9 369,793 60-89 Days Delinquent 7 304,747
90+ Days Delinquent 9 417,861 90+ Days Delinquent 9 451,671
3-Month Avg Thirty-Day Delinquency Ratio 3.12% 3-Month Avg Thirty-Day
Delinquency Ratio 1.41%
3-Month Avg Sixty-Day Delinquency Ratio 0.68% 3-Month Avg Sixty-Day
Delinquency Ratio 0.60%
(ab) Section 3.05 Repurchases 0.00
(ad) Class R Distribution Amount 270,752.21
Reposession Profits 0.00
(ae) Principal Balance of Contracts in
Repossession 24,486.33
(af) Aggregate Net Liquidation Losses 0.00
(ag) (x) Class B-3 Formula Distribution Amount 46,401.39
(y) Remaining Amount Available 118,551.16
------------
Amount of (x) over (y) 0.00
(ah) Class B-2 Liquidation Loss Amount 0.00
(ai) Guarantee Payment 0.00
(aj) Unadvanced Shortfalls 0.00
No. $
(ak) Units repossessed 1 24,486.33
(al) Principal Prepayments paid 642,531.49
(am) Scheduled Principal Payments 117,098.33
(an) Weighted Average Interest Rate 10.03%
</TABLE>
<PAGE> 12
Bank of New York Determination Date: 01-Sep-00
Manufactured Housing Contracts Remittance Date: 07-Sep-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-Aug-00
Lock-Out Date: Mar-05
<TABLE>
<CAPTION>
Computation of Available Distribution Amount
<S> <C> <C>
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 1,508,727.84
(ii) Monthly Advance made 0.00
(iii) Section 5.05 Certificate Fund Income-Vanderbilt 5,476.46
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 41,759.81
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 85,851.25
(iv) Reimbursable Liquidation Expenses 16,000.00
(v) Section 6.04 (c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer 0.00
Total Due Servicer 101,851.25
Available Distribution Amount 1,370,593.24
To Class A and B - Scheduled Principal and Interest 1,252,042.08
Monthly Excess Cashflow Class II 118,551.16
Monthly Excess Cashflow Class I 152,201.05
Accelerated Principal Payment 0.00
Weighted Average Remaining Term (months) 256.00
Scheduled Balance Computation
Prior Month Balance 82,417,197.40
Current Balance 81,678,454.95
Adv Principal 6,411.16
Del Principal 27,298.53
Pool Scheduled Balance 81,657,567.58
Principal Payments in Full 522,113.82
Partial Prepayments 120,417.67
Scheduled Principal 117,098.33
Collateral Balance 81,678,454.95
Overcollateralization Amount 3,097,139
Required Overcollateralization Amount 3,097,139
</TABLE>
<PAGE> 13
Bank of New York Determination Date: 02-Aug-00
Manufactured Housing Contracts Remittance Date: 07-Aug-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-Jul-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-1 Class I A-2 Class I A-3 Class I A-4
<S> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 1,723,095.29 208,450.00 208,533.33 180,240.41
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due 348,244.95
(b) Partial Prepayments Received 213,384.62
(c) Principal Payments in Full (Scheduled Balance) 895,558.73
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
------------- ------------- ------------- -------------
Total Principal Distribution 1,457,188.30 0.00 0.00 0.00
(c) Interest Distribution 265,906.99 208,450.00 208,533.33 180,240.41
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------- ------------- -------------
Total Interest Distribution 265,906.99 208,450.00 208,533.33 180,240.41
(d) Beginning Class I A and Class I B Principal Balance 45,679,764.62 33,000,000.00 32,000,000.00 27,189,000.00
Less: Principal Distribution 1,457,188.30 0.00 0.00 0.00
------------- ------------- ------------- -------------
Remaining Class A and Class B Principal Balance 44,222,576.32 33,000,000.00 32,000,000.00 27,189,000.00
(e) Fees Due Servicer
Monthly Servicing Fee 181,685.17 (h) Pool Factor
Section 8.06 Reimbursement Amount 0.00 Class I A-1 0.81893660
Section 6.02 Reimbursement Amount 16,000.00 Class I A-2 1.00000000
Reimburseable Fees 0.00 Class I A-3 1.00000000
------------- Class I A-4 1.00000000
Total Fees Due Servicer 197,685.17 Class I A-5 1.00000000
Class I M-1 1.00000000
Class I B-1 1.00000000
Class I B-2 1.00000000
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-5 Class I M-1 Class I B-1 Class I B-2
<S> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 62,398.10 52,601.54 56,347.92 98,605.00
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
------------- ------------ ------------ -------------
Total Principal Distribution 0.00 0.00 0.00 0.00
(c) Interest Distribution 62,398.10 52,601.54 56,347.92 98,605.00
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------ ------------ -------------
Total Interest Distribution 62,398.10 52,601.54 56,347.92 98,605.00
(d) Beginning Class I A and Class I B Principal Balance 9,137,000.00 7,310,000.00 7,310,000.00 12,792,000.00
Less: Principal Distribution 0.00 0.00 0.00 0.00
------------- ------------ ------------ -------------
Remaining Class A and Class B Principal Balance 9,137,000.00 7,310,000.00 7,310,000.00 12,792,000.00
(e) Fees Due Servicer
Monthly Servicing Fee Original Balance Rate
Section 8.06 Reimbursement Amount 54,000,000.00 6.7600% 6.63000% Libor
Section 6.02 Reimbursement Amount 33,000,000.00 7.5800% 0.13% Spread
Reimburseable Fees 32,000,000.00 7.8200%
27,189,000.00 7.9550%
Total Fees Due Servicer 9,137,000.00 8.1950%
7,310,000.00 8.6350%
7,310,000.00 9.2500%
12,792,000.00 9.2500%
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
<S> <C> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
Total Principal Distribution
1,259,687.84
(c) Interest Distribution 1,133,083.29
Unpaid Interest Shortfall
Total Interest Distribution
When
(d) Beginning Class I A and Class I B Principal Balance 172,960,576.32
Less: Principal Distribution 1,457,188.30 is less than
182,738,000.00
Remaining Class A and Class B Principal Balance 0.10
18,273,800.00
(e) Fees Due Servicer We can prepay
Monthly Servicing Fee Rate
Section 8.06 Reimbursement Amount Class A-1 6.760% 45,679,764.62 3,087,952
Section 6.02 Reimbursement Amount Class A-2 7.580% 33,000,000.00 2,501,400
Reimburseable Fees Class A-3 7.820% 32,000,000.00 2,502,400
Class A-4 7.955% 27,189,000.00 2,162,885
Total Fees Due Servicer Class A-5 8.195% 9,137,000.00 748,777
Class A-6 8.635% 7,310,000.00 631,219
Class B-1 9.250% 7,310,000.00 676,175
Class B-2 9.250% 12,792,000.00 1,183,260
174,417,764.62 13,494,068 7.74%
</TABLE>
<PAGE> 14
Bank of New York Determination Date: 02-Aug-00
Manufactured Housing Contracts Remittance Date: 07-Aug-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-Jul-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Unpaid Unpaid
No. of Principal Delinquency as No. of Principal
(f) Delinquency as of the 25th Contracts Balance of Calendar Month Contracts Balance
<S> <C> <C> <C> <C> <C> <C> <C>
31-59 Days Delinquent 275 8,956,340 31-59 Days Delinquent 207 6,222,726
60-89 Days Delinquent 56 1,691,204 60-89 Days Delinquent 57 1,763,642
90+ Days Delinquent 75 2,541,866 90+ Days Delinquent 70 2,449,125
3-Month Avg Thirty-Day Delinquency Ratio 4.49% 3-Month Avg Thirty-Day
Delinquency Ratio 3.31%
3-Month Avg Sixty-Day Delinquency Ratio 2.04% 3-Month Avg Sixty-Day
Delinquency Ratio 2.08%
(g) Section 3.05 Repurchases 0.00
(i) Class R Distribution Amount 0.00 Acquisition Loss Amount
Reposession Profits 0.00
Current Month Acquisition
Loss Amount 3,358.73
(j) Principal Balance of Contracts in Repossession 990,169.69 Cumulative Acquisition
Loss Amount 70,223.43
(k) Aggregate Net Liquidation Losses 0.00
(l) (x) Class B-2 Formula Distribution Amount 98,605.00
(y) Remaining Amount Available 225,209.55
-------------
Amount of (x) over (y) 0.00
(m) Class B-2 Liquidation Loss Amount 0.00
(n) Guarantee Payment 0.00
(o) Unadvanced Shortfalls 0.00
No. $
(p) Units repossessed 9 226,638.38
(q) Principal Prepayments paid 1,108,943.35
(r) Scheduled Principal Payments 348,244.95
(s) Weighted Average Interest Rate 10.95%
</TABLE>
<PAGE> 15
Bank of New York Determination Date: 02-Aug-00
Manufactured Housing Contracts Remittance Date: 07-Aug-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-Jul-00
Lock-Out Date: Mar-04
<TABLE>
<S> <C> <C>
Computation of Available Distribution Amount
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 2,698,828.67
Certificate Account Balance at Monthly Cutoff-SubServicer-21st 336,728.15
(ii) Monthly Advance made 0.00
(iii) Section 5.05 Certificate Fund Income-Vanderbilt 11,155.49
(iii) Section 5.05 Certificate Fund Income-SubServicer-21st 519.44
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 131,612.21
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-SubServicer-21st 1,058.23
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 181,685.17
(iv) Reimbursable Liquidation Expenses 16,000.00
(v) Section 6.04(c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer-21st 0.00
Total Due Servicer 197,685.17
Available Distribution Amount-Vanderbilt 2,380,686.78
Available Distribution Amount-SubServicer-21st 336,189.36
To Class A and B 2,590,271.59
Monthly Excess Cashflow 126,604.55
Weighted Average Remaining Term (months) 219.00
Scheduled Balance Computation
Prior Month Balance 174,417,764.62
Current Balance 173,041,936.26
Adv Principal 30,199.51
Del Principal 111,559.45
Pool Scheduled Balance 172,960,576.32
Principal Payments in Full 895,558.73
Partial Prepayments 213,384.62
Scheduled Principal 348,244.95
Collateral Balance 173,041,936.26
</TABLE>
<PAGE> 16
Bank of New York Determination Date: 02-Aug-00
Manufactured Housing Contracts Remittance Date: 07-Aug-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Jul-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
Class II A-1 Class II B-1 Class II B-2
<S> <C> <C> <C>
(v) Class II A and Class II B Distribution Amounts 1,076,773.95 55,537.20 36,587.67
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due 106,276.84
(b) Partial Prepayments Received (37,591.57)
(c) Principal Payments in Full (Scheduled Balance) 649,286.59
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
(g) Accelerated Principal Payment 0.00
------------- ------------ ------------
Total Principal Distribution 717,971.86 0.00 0.00
(x) Interest Distribution 358,802.09 55,537.20 36,587.67
Unpaid Interest Shortfall 0.00 0.00 0.00
------------- ------------ ------------
Total Interest Distribution 358,802.09 55,537.20 36,587.67
(y) Beginning Class I A and Class I B Principal Balance 60,126,030.59 9,071,000.00 4,867,000.00
Less: Principal Distribution 717,971.86 0.00 0.00
------------- ------------ ------------
Remaining Class A and Class B Principal Balance 59,408,058.73 9,071,000.00 4,867,000.00
(z) Fees Due Servicer
Monthly Servicing Fee 86,599.13 (ac) Pool Factor
Section 8.06 Reimbursement Amount 0.00 Class II A-1 0.86629714
Section 6.02 Reimbursement Amount 4,000.00 Class II B-1 1.00000000
Reimburseable Fees 0.00 Class II B-2 1.00000000
Class II B-3 1.00000000
-------------
Total Fees Due Servicer 90,599.13
<CAPTION>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
Class II B-3
<S> <C> <C> <C> <C>
(v) Class II A and Class II B Distribution Amounts 46,452.83
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
(g) Accelerated Principal Payment
------------
Total Principal Distribution 0.00
(x) Interest Distribution 46,452.83 497,379.79
Unpaid Interest Shortfall 0.00
------------
Total Interest Distribution 46,452.83 When
79,320,058.73
(y) Beginning Class I A and Class I B Principal Balance 5,974,000.00 is less than
Less: Principal Distribution 0.00 717,971.86 88,489,000.00
------------
Remaining Class A and Class B Principal Balance 5,974,000.00 0.10
8,848,900.00
(z) Fees Due Servicer We can prepaid
Monthly Servicing Fee Original Balance Rate Libor Spread
Section 8.06 Reimbursement Amount 68,577,000.00 6.9300% 6.63000% 0.30%
Section 6.02 Reimbursement Amount 9,071,000.00 7.1100% 0.48%
Reimburseable Fees 4,867,000.00 8.7300% 2.10%
5,974,000.00 9.0300% 2.40%
Total Fees Due Servicer
<CAPTION>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
<S> <C> <C> <C>
(v) Class II A and Class II B Distribution Amounts
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
(g) Accelerated Principal Payment
Total Principal Distribution
(x) Interest Distribution
Unpaid Interest Shortfall
Total Interest Distribution
(y) Beginning Class I A and Class I B Principal Balance
Less: Principal Distribution
Remaining Class A and Class B Principal Balance
(z) Fees Due Servicer
Monthly Servicing Fee
Section 8.06 Reimbursement Amount 60,126,031 4,166,734
Section 6.02 Reimbursement Amount 9,071,000 644,948
Reimburseable Fees 4,867,000 424,889
5,974,000 539,452
-----------------------
Total Fees Due Servicer 80,038,031 5,776,023 7.22%
</TABLE>
<PAGE> 17
Bank of New York Determination Date: 02-Aug-00
Manufactured Housing Contracts Remittance Date: 07-Aug-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Jul-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Unpaid Unpaid
No. of Principal No. of Principal
(aa) Delinquency as of the 25th Contracts Balance Delinquency as of Calendar Month Contracts Balance
<S> <C> <C> <C> <C> <C>
31-59 Days Delinquent 64 3,068,906 31-59 Days Delinquent 34 1,549,416
60-89 Days Delinquent 5 328,040 60-89 Days Delinquent 5 248,389
90+ Days Delinquent 8 253,701 90+ Days Delinquent 7 230,794
3-Month Avg Thirty-Day Delinquency Ratio 2.49% 3-Month Avg Thirty-Day Delinquency Ratio 1.33%
3-Month Avg Sixty-Day Delinquency Ratio 0.46% 3-Month Avg Sixty-Day Delinquency Ratio 0.35%
(ab) Section 3.05 Repurchases 0.00
(ad) Class R Distribution Amount 173,869.30
Reposession Profits 0.00
(ae) Principal Balance of Contracts in Repossession 25,491.32
(af) Aggregate Net Liquidation Losses 0.00
(ag) (x) Class B-3 Formula Distribution Amount 46,452.83
(y) Remaining Amount Available 47,264.75
----------
Amount of (x) over (y) 0.00
(ah) Class B-2 Liquidation Loss Amount 0.00
(ai) Guarantee Payment 0.00
(aj) Unadvanced Shortfalls 0.00
No. $
(ak) Units repossessed 1 26,770.49
(al) Principal Prepayments paid 611,695.02
(am) Scheduled Principal Payments 106,276.84
(an) Weighted Average Interest Rate 10.04%
</TABLE>
<PAGE> 18
Bank of New York Determination Date: 02-Aug-00
Manufactured Housing Contracts Remittance Date: 07-Aug-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Jul-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Computation of Available Distribution Amount
<S> <C> <C>
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 1,392,378.35
(ii) Monthly Advance made 0.00
(iii) Section 5.05 Certificate Fund Income-Vanderbilt 5,405.43
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 44,568.25
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 86,599.13
(iv) Reimbursable Liquidation Expenses 4,000.00
(v) Section 6.04(c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer 0.00
Total Due Servicer 90,599.13
Available Distribution Amount 1,262,616.40
To Class A and B - Scheduled Principal and Interest 1,215,351.65
Monthly Excess Cashflow Class II 47,264.75
Monthly Excess Cashflow Class I 126,604.55
Accelerated Principal Payment 0.00
Weighted Average Remaining Term (months) 257.00
Scheduled Balance Computation
Prior Month Balance 83,135,169.26
Current Balance 82,435,565.47
Adv Principal 6,885.55
Del Principal 25,253.62
Pool Scheduled Balance 82,417,197.40
Principal Payments in Full 649,286.59
Partial Prepayments (37,591.57)
Scheduled Principal 106,276.84
Collateral Balance 82,435,565.47
Overcollateralization Amount 3,097,139
Required Overcollateralization Amount 3,097,139
</TABLE>
<PAGE> 19
Bank of New York Determination Date: 03-Jul-00
Manufactured Housing Contracts Remittance Date: 07-Jul-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-Jun-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-1 Class I A-2 Class I A-3 Class I A-4
<S> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 2,146,883.54 208,450.00 208,533.33 180,240.41
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due 353,014.61
(b) Partial Prepayments Received 155,256.74
(c) Principal Payments in Full (Scheduled Balance) 1,370,993.57
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
------------- ------------- ------------- -------------
Total Principal Distribution 1,879,264.92 0.00 0.00 0.00
(c) Interest Distribution 267,618.62 208,450.00 208,533.33 180,240.41
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------- ------------- -------------
Total Interest Distribution 267,618.62 208,450.00 208,533.33 180,240.41
(d) Beginning Class I A and Class I B Principal Balance 47,559,029.54 33,000,000.00 32,000,000.00 27,189,000.00
Less: Principal Distribution 1,879,264.92 0.00 0.00 0.00
------------- ------------- ------------- -------------
Remaining Class A and Class B Principal Balance 45,679,764.62 33,000,000.00 32,000,000.00 27,189,000.00
(e) Fees Due Servicer
Monthly Servicing Fee 183,642.74 (h) Pool Factor
Section 8.06 Reimbursement Amount 0.00 Class I A-1 0.84592157
Section 6.02 Reimbursement Amount 19,515.43 Class I A-2 1.00000000
Reimburseable Fees 0.00 Class I A-3 1.00000000
------------- Class I A-4 1.00000000
Total Fees Due Servicer 203,158.17 Class I A-5 1.00000000
Class I M-1 1.00000000
Class I B-1 1.00000000
Class I B-2 1.00000000
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-5 Class I M-1 Class I B-1 Class I B-2
<S> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 62,398.10 52,601.54 56,347.92 98,605.00
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
------------- ------------ ------------ -------------
Total Principal Distribution 0.00 0.00 0.00 0.00
(c) Interest Distribution 62,398.10 52,601.54 56,347.92 98,605.00
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------ ------------ -------------
Total Interest Distribution 62,398.10 52,601.54 56,347.92 98,605.00
(d) Beginning Class I A and Class I B Principal Balance 9,137,000.00 7,310,000.00 7,310,000.00 12,792,000.00
Less: Principal Distribution 0.00 0.00 0.00 0.00
------------- ------------ ------------ -------------
Remaining Class A and Class B Principal Balance 9,137,000.00 7,310,000.00 7,310,000.00 12,792,000.00
(e) Fees Due Servicer
Monthly Servicing Fee Original Balance Rate
Section 8.06 Reimbursement Amount 54,000,000.00 6.7525% 6.62250% Libor
Section 6.02 Reimbursement Amount 33,000,000.00 7.5800% 0.13% Spread
Reimburseable Fees 32,000,000.00 7.8200%
27,189,000.00 7.9550%
Total Fees Due Servicer 9,137,000.00 8.1950%
7,310,000.00 8.6350%
7,310,000.00 9.2500%
12,792,000.00 9.2500%
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
<S> <C> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
Total Principal Distribution
1,254,667.71
(c) Interest Distribution 1,134,794.92
Unpaid Interest Shortfall
Total Interest Distribution
When
(d) Beginning Class I A and Class I B Principal Balance 174,417,764.62
Less: Principal Distribution 1,879,264.92 is less than
182,738,000.00
Remaining Class A and Class B Principal Balance 0.10
18,273,800.00
(e) Fees Due Servicer We can prepay
Monthly Servicing Fee Rate
Section 8.06 Reimbursement Amount Class A-1 6.753% 47,559,029.54 3,211,423
Section 6.02 Reimbursement Amount Class A-2 7.580% 33,000,000.00 2,501,400
Reimburseable Fees Class A-3 7.820% 32,000,000.00 2,502,400
Class A-4 7.955% 27,189,000.00 2,162,885
Total Fees Due Servicer Class A-5 8.195% 9,137,000.00 748,777
Class A-6 8.635% 7,310,000.00 631,219
Class B-1 9.250% 7,310,000.00 676,175
Class B-2 9.250% 12,792,000.00 1,183,260
176,297,029.54 13,617,539 7.72%
</TABLE>
<PAGE> 20
Bank of New York Determination Date: 03-Jul-00
Manufactured Housing Contracts Remittance Date: 07-Jul-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Jun-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Unpaid Unpaid
No. of Principal Delinquency as No. of Principal
(f) Delinquency as of the 25th Contracts Balance of Calendar Month Contracts Balance
<S> <C> <C> <C> <C> <C> <C> <C>
31-59 Days Delinquent 229 7,074,143 31-59 Days Delinquent 147 4,382,112
60-89 Days Delinquent 48 1,553,289 60-89 Days Delinquent 37 1,208,440
90+ Days Delinquent 62 2,089,221 90+ Days Delinquent 62 2,076,099
3-Month Avg Thirty-Day Delinquency Ratio 4.27% 3-Month Avg Thirty-Day
Delinquency Ratio na
3-Month Avg Sixty-Day Delinquency Ratio 1.73% 3-Month Avg Sixty-Day
Delinquency Ratio na
(g) Section 3.05 Repurchases 0.00
(i) Class R Distribution Amount 0.00 Acquistion Loss Amount
Reposession Profits 0.00
Current Month Acquisition
Loss Amount 0.00
(j) Principal Balance of Contracts in Repossession 812,220.91 Cumulative Acquisition
Loss Amount 66,864.70
(k) Aggregate Net Liquidation Losses 0.00
(l) (x) Class B-2 Formula Distribution Amount 98,605.00
(y) Remaining Amount Available 218,477.79
-------------
Amount of (x) over (y) 0.00
(m) Class B-2 Liquidation Loss Amount 0.00
(n) Guarantee Payment 0.00
(o) Unadvanced Shortfalls 0.00
No. $
(p) Units repossessed 7 287,845.32
(q) Principal Prepayments paid 1,526,250.31
(r) Scheduled Principal Payments 353,014.61
(s) Weighted Average Interest Rate 10.95%
</TABLE>
<PAGE> 21
Bank of New York Determination Date: 03-Jul-00
Manufactured Housing Contracts Remittance Date: 07-Jul-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-Jun-00
Lock-Out Date: Mar-04
<TABLE>
<S> <C> <C>
Computation of Available Distribution Amount
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 3,211,905.43
Certificate Account Balance at Monthly Cutoff-SubServicer-21st 228,817.72
(ii) Monthly Advance made 0.00
(iii Section 5.05 Certificate Fund Income-Vanderbilt 11,899.51
(iii) Section 5.05 Certificate Fund Income-SubServicer-21st 939.50
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 112,577.14
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-SubServicer-21st 3,894.22
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 183,642.74
(iv) Reimbursable Liquidation Expenses 19,515.43
(v) Section 6.04 (c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer-21st 0.00
Total Due Servicer 203,158.17
Available Distribution Amount-Vanderbilt 2,908,069.63
Available Distribution Amount-SubServicer-21st 225,863.00
To Class A and B 3,014,059.84
Monthly Excess Cashflow 119,872.79
Weighted Average Remaining Term (months) 220.00
Scheduled Balance Computation
Prior Month Balance 176,297,029.54
Current Balance 174,485,639.56
Adv Principal 25,924.77
Del Principal 93,799.71
Pool Scheduled Balance 174,417,764.62
Principal Payments in Full 1,370,993.57
Partial Prepayments 155,256.74
Scheduled Principal 353,014.61
Collateral Balance 174,485,639.56
</TABLE>
<PAGE> 22
Bank of New York Determination Date: 03-Jul-00
Manufactured Housing Contracts Remittance Date: 07-Jul-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-Jun-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
Class II A-1 Class II B-1 Class II B-2 Class II B-3
<S> <C> <C> <C> <C>
(v) Class II A and Class II B Distribution Amounts 1,316,204.11 53,688.98 35,377.01 44,917.01
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due 109,817.97
(b) Partial Prepayments Received 28,099.32
(c) Principal Payments in Full (Scheduled Balance) 687,387.05
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
(g) Accelerated Principal Payment 138,487.85
------------- ------------ ------------ -------------
Total Principal Distribution 963,792.19 0.00 0.00 0.00
(x) Interest Distribution 352,411.92 53,688.98 35,377.01 44,917.01
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------ ------------ -------------
Total Interest Distribution 352,411.92 53,688.98 35,377.01 44,917.01
(y) Beginning Class I A and Class I B Principal Balance 61,089,822.78 9,071,000.00 4,867,000.00 5,974,000.00
Less: Principal Distribution 963,792.19 0.00 0.00 0.00
------------- ------------ ------------ -------------
Remaining Class A and Class B Principal Balance 60,126,030.59 9,071,000.00 4,867,000.00 5,974,000.00
(z) Fees Due Servicer
Original
Monthly Servicing Fee 85,286.33 (ac) Pool Factor Balance
Section 8.06 Reimbursement Amount 0.00 Class II A-1 0.87676671 68,577,000.00
Section 6.02 Reimbursement Amount 0.00 Class II B-1 1.00000000 9,071,000.00
Reimburseable Fees 0.00 Class II B-2 1.00000000 4,867,000.00
------------- Class II B-3 1.00000000 5,974,000.00
Total Fees Due Servicer 85,286.33
<CAPTION>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
<S> <C> <C> <C> <C> <C> <C>
(v) Class II A and Class II B Distribution Amounts
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
(g) Accelerated Principal Payment
Total Principal Distribution
(x) Interest Distribution 486,394.92
Unpaid Interest Shortfall
Total Interest Distribution When
80,038,030.59
(y) Beginning Class I A and Class I B Principal Balance is less than
Less: Principal Distribution 963,792.19 88,489,000.00
X
Remaining Class A and Class B Principal Balance 0.10
8,848,900.00
(z) Fees Due Servicer We can prepaid
Monthly Servicing Fee Rate Libor Spread
Section 8.06 Reimbursement Amount 6.9225% 6.62250% 0.30% 61,089,823 4,228,943
Section 6.02 Reimbursement Amount 7.1025% 0.48% 9,071,000 644,268
Reimburseable Fees 8.7225% 2.10% 4,867,000 424,524
9.0225% 2.40% 5,974,000 539,004
----------------------
Total Fees Due Servicer 81,001,823 5,836,739 7.21%
</TABLE>
<PAGE> 23
Bank of New York Determination Date: 03-Jul-00
Manufactured Housing Contracts Remittance Date: 07-Jul-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-Jun-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Unpaid Unpaid
No. of Principal Delinquency as No. of Principal
(aa) Delinquency as of the 25th Contracts Balance of Calendar Month Contracts Balance
<S> <C> <C> <C> <C> <C> <C> <C>
31-59 Days Delinquent 38 1,951,512 31-59 Days Delinquent 14 794,953
60-89 Days Delinquent 6 161,623 60-89 Days Delinquent 5 138,716
90+ Days Delinquent 3 133,351 90+ Days Delinquent 2 92,078
3-Month Avg Thirty-Day Delinquency Ratio 1.80% 3-Month Avg Thirty-Day
Delinquency Ratio na
3-Month Avg Sixty-Day Delinquency Ratio 0.35% 3-Month Avg Sixty-Day
Delinquency Ratio na
(ab) Section 3.05 Repurchases 0.00
(ad) Class R Distribution Amount 0.00
Reposession Profits 0.00
(ae) Principal Balance of Contracts in Repossession 75,806.42
(af) Aggregate Net Liquidation Losses 0.00
(ag) (x) Class B-3 Formula Distribution Amount 44,917.01
(y) Remaining Amount Available 18,615.06
-----------
Amount of (x) over (y) 26,301.95
(ah) Class B-2 Liquidation Loss Amount 0.00
(ai) Guarantee Payment 0.00
(aj) Unadvanced Shortfalls 0.00
No. $
(ak) Units repossessed 2 80,073.94
(al) Principal Prepayments paid 715,486.37
(am) Scheduled Principal Payments 109,817.97
(an) Weighted Average Interest Rate 10.05%
</TABLE>
<PAGE> 24
Bank of New York Determination Date: 03-Jul-00
Manufactured Housing Contracts Remittance Date: 07-Jul-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-Jun-00
Lock-Out Date: Mar-04
<TABLE>
Computation of Available Distribution Amount
<S> <C> <C>
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 1,448,064.78
(ii) Monthly Advance made 0.00
(iii) Section 5.05 Certificate Fund Income-Vanderbilt 5,704.97
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 38,169.10
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 85,286.33
(iv) Reimbursable Liquidation Expenses 0.00
(v) Section 6.04(c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer 0.00
Total Due Servicer 85,286.33
Available Distribution Amount 1,330,314.32
To Class A and B - Scheduled Principal and Interest 1,311,699.26
Monthly Excess Cashflow Class II 18,615.06
Monthly Excess Cashflow Class I 119,872.79
Accelerated Principal Payment 138,487.85
Weighted Average Remaining Term (months) 258.00
Scheduled Balance Computation
Prior Month Balance 83,960,473.60
Current Balance 83,149,020.82
Adv Principal 6,206.89
Del Principal 20,058.45
Pool Scheduled Balance 83,135,169.26
Principal Payments in Full 687,387.05
Partial Prepayments 28,099.32
Scheduled Principal 109,817.97
Collateral Balance 83,149,020.82
Overcollateralization Amount 3,097,139
Required Overcollateralization Amount 3,097,139
</TABLE>
<PAGE> 25
Bank of New York Determination Date: 02-Jun-00
Manufactured Housing Contracts Remittance Date: 07-Jun-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-May-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-1 Class I A-2 Class I A-3
<S> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 2,230,684.32 208,450.00 208,533.33
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due 357,833.97
(b) Partial Prepayments Received 419,918.73
(c) Principal Payments in Full (Scheduled Balance) 1,182,381.61
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
------------- ------------- -------------
Total Principal Distribution 1,960,134.31 0.00 0.00
(c) Interest Distribution 270,550.01 208,450.00 208,533.33
Unpaid Interest Shortfall 0.00 0.00 0.00
------------- ------------- -------------
Total Interest Distribution 270,550.01 208,450.00 208,533.33
(d) Beginning Class I A and Class I B Principal Balance 49,519,163.85 33,000,000.00 32,000,000.00
Less: Principal Distribution 1,960,134.31 0.00 0.00
------------- ------------- -------------
Remaining Class A and Class B Principal Balance 47,559,029.54 33,000,000.00 32,000,000.00
(e) Fees Due Servicer
Monthly Servicing Fee 0.00 (h) Pool Factor
Section 8.06 Reimbursement Amount 0.00 Class I A-1 0.88072277
Section 6.02 Reimbursement Amount 26,000.00 Class I A-2 1.00000000
Reimburseable Fees 0.00 Class I A-3 1.00000000
------------- Class I A-4 1.00000000
Total Fees Due Servicer 26,000.00 Class I A-5 1.00000000
Class I M-1 1.00000000
Class I B-1 1.00000000
Class I B-2 1.00000000
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-4 Class I A-5 Class I M-1
<S> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 180,240.41 62,398.10 52,601.54
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
------------- ------------ ------------
Total Principal Distribution 0.00 0.00 0.00
(c) Interest Distribution 180,240.41 62,398.10 52,601.54
Unpaid Interest Shortfall 0.00 0.00 0.00
------------- ------------ ------------
Total Interest Distribution 180,240.41 62,398.10 52,601.54
(d) Beginning Class I A and Class I B Principal Balance 27,189,000.00 9,137,000.00 7,310,000.00
Less: Principal Distribution 0.00 0.00 0.00
------------- ------------ ------------
Remaining Class A and Class B Principal Balance 27,189,000.00 9,137,000.00 7,310,000.00
(e) Fees Due Servicer
Monthly Servicing Fee Original Balance Rate
Section 8.06 Reimbursement Amount 54,000,000.00 6.5563%
Section 6.02 Reimbursement Amount 33,000,000.00 7.5800%
Reimburseable Fees 32,000,000.00 7.8200%
27,189,000.00 7.9550%
Total Fees Due Servicer 9,137,000.00 8.1950%
7,310,000.00 8.6350%
7,310,000.00 9.2500%
12,792,000.00 9.2500%
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I B-1 Class I B-2
<S> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 56,347.92 98,605.00
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
------------ -------------
Total Principal Distribution 0.00 0.00
1,767,199.52
(c) Interest Distribution 56,347.92 98,605.00 1,137,726.31
Unpaid Interest Shortfall 0.00 0.00
------------ -------------
Total Interest Distribution 56,347.92 98,605.00
(d) Beginning Class I A and Class I B Principal Balance 7,310,000.00 12,792,000.00
Less: Principal Distribution 0.00 0.00 1,960,134.31
------------ -------------
Remaining Class A and Class B Principal Balance 7,310,000.00 12,792,000.00
(e) Fees Due Servicer
Monthly Servicing Fee
Section 8.06 Reimbursement Amount 6.42625% Libor Class A-1
Section 6.02 Reimbursement Amount 0.13% Spread Class A-2
Reimburseable Fees Class A-3
Class A-4
Total Fees Due Servicer Class A-5
Class A-6
Class B-1
Class B-2
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
<S> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
Total Principal Distribution
(c) Interest Distribution
Unpaid Interest Shortfall
Total Interest Distribution
When
(d) Beginning Class I A and Class I B Principal Balance 176,297,029.54
Less: Principal Distribution is less than
182,738,000.00
Remaining Class A and Class B Principal Balance 0.10
18,273,800.00
(e) Fees Due Servicer We can prepay
Monthly Servicing Fee Rate
Section 8.06 Reimbursement Amount 6.556% 49,519,163.85 3,246,600
Section 6.02 Reimbursement Amount 7.580% 33,000,000.00 2,501,400
Reimburseable Fees 7.820% 32,000,000.00 2,502,400
7.955% 27,189,000.00 2,162,885
Total Fees Due Servicer 8.195% 9,137,000.00 748,777
8.635% 7,310,000.00 631,219
9.250% 7,310,000.00 676,175
9.250% 12,792,000.00 1,183,260
178,257,163.85 13,652,716 7.66%
</TABLE>
<PAGE> 26
Bank of New York Determination Date: 02-Jun-00
Manufactured Housing Contracts Remittance Date: 07-Jun-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-May-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Unpaid Unpaid
No. of Principal No. of Principal
(f) Delinquency as of the 25th Contracts Balance Delinquency as of Calendar Month Contracts Balance
<S> <C> <C> <C> <C> <C>
31-59 Days Delinquent 229 7,460,579 31-59 Days Delinquent 210 6,758,041
60-89 Days Delinquent 65 2,164,000 60-89 Days Delinquent 59 2,011,354
90+ Days Delinquent 20 614,754 90+ Days Delinquent 46 1,366,379
3-Month Avg Thirty-Day Delinquency Ratio 4.31% 3-Month Avg Thirty-Day Delinquency Ratio na
3-Month Avg Sixty-Day Delinquency Ratio 1.47% 3-Month Avg Sixty-Day Delinquency Ratio na
(g) Section 3.05 Repurchases 0.00
(i) Class R Distribution Amount 0.00
Reposession Profits 0.00
(j) Principal Balance of Contracts in Repossession 946,017.52
(k) Aggregate Net Liquidation Losses 0.00
(l) (x) Class B-2 Formula Distribution Amount 98,605.00
(y) Remaining Amount Available 728,078.21
------------
Amount of (x) over (y) 0.00
(m) Class B-2 Liquidation Loss Amount 0.00
(n) Guarantee Payment 0.00
(o) Unadvanced Shortfalls 0.00
No. $
(p) Units repossessed 18 512,537.46
(q) Principal Prepayments paid 1,602,300.34
(r) Scheduled Principal Payments 357,833.97
(s) Weighted Average Interest Rate 10.97%
</TABLE>
<PAGE> 27
Bank of New York Determination Date: 02-Jun-00
Manufactured Housing Contracts Remittance Date: 07-Jun-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-May-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Computation of Available Distribution Amount
<S> <C> <C>
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 3,537,794.21
Certificate Account Balance at Monthly Cutoff-SubServicer-21st 363,147.25
(ii) Monthly Advance made 0.00
(iii) Section 5.05 Certificate Fund Income-Vanderbilt 11,961.21
(iii) Section 5.05 Certificate Fund Income-SubServicer-21st 907.29
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 145,995.92
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-SubServicer-21st 14,480.21
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 0.00
(iv) Reimburseable Liquidation Expenses 26,000.00
(v) Section 6.04 (c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer-21st 0.00
Total Due Servicer 26,000.00
Available Distrubution Amount-Vanderbilt 3,377,759.50
Available Distrubution Amount-SubServicer-21st 349,574.33
To Class A and B 3,097,860.62
Monthly Excess Cashflow 629,473.21
Weighted Average Remaining Term (months) 221.00
Scheduled Balance Computation
Prior Month Balance 178,257,163.85
Current Balance 176,347,552.82
Adv Principal 35,339.51
Del Principal 85,862.79
Pool Scheduled Balance 176,297,029.54
Principal Payments in Full 1,182,381.61
Partial Prepayments 419,918.73
Scheduled Principal 357,833.97
Collateral Balance 176,347,552.82
</TABLE>
<PAGE> 28
Bank of New York Determination Date: 02-Jun-00
Manufactured Housing Contracts Remittance Date: 07-Jun-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-May-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
Class II A-1 Class II B-1 Class II B-2 Class II B-3
<S> <C> <C> <C> <C>
(v) Class II A and Class II B Distribution Amounts 2,606,044.34 52,205.49 34,581.05 43,940.01
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due 113,326.67
(b) Partial Prepayments Received 27,592.69
(c) Principal Payments in Full (Scheduled Balance) 1,140,081.00
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
(g) Accelerated Principal Payment 970,005.44
------------- ------------ ------------ -------------
Total Principal Distribution 2,251,005.80 0.00 0.00 0.00
(x) Interest Distribution 355,038.54 52,205.49 34,581.05 43,940.01
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------ ------------ -------------
Total Interest Distribution 355,038.54 52,205.49 34,581.05 43,940.01
(y) Beginning Class I A and Class I B Principal Balance 63,340,828.58 9,071,000.00 4,867,000.00 5,974,000.00
Less: Principal Distribution 2,251,005.80 0.00 0.00 0.00
------------- ------------ ------------ -------------
Remaining Class A and Class B Principal Balance 61,089,822.78 9,071,000.00 4,867,000.00 5,974,000.00
(z) Fees Due Servicer Original
Monthly Servicing Fee 0.00 (ac) Pool Factor Balance
Section 8.06 Reimbursement Amount 0.00 Class II A-1 0.89082087 68,577,000.00
Section 6.02 Reimbursement Amount 10,000.00 Class II B-1 1.00000000 9,071,000.00
Reimburseable Fees 0.00 Class II B-2 1.00000000 4,867,000.00
------------- Class II B-3 1.00000000 5,974,000.00
Total Fees Due Servicer 10,000.00
<CAPTION>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
<S> <C> <C> <C> <C> <C> <C>
(v) Class II A and Class II B Distribution Amounts
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
(g) Accelerated Principal Payment
Total Principal Distribution
(x) Interest Distribution 485,765.09
Unpaid Interest Shortfall
Total Interest Distribution When
81,001,822.78
(y) Beginning Class I A and Class I B Principal Balance is less than
Less: Principal Distribution 2,251,005.80 88,489,000.00
X
Remaining Class A and Class B Principal Balance 0.10
8,848,900.00
(z) Fees Due Servicer We can prepaid
Monthly Servicing Fee Rate Libor Spread
Section 8.06 Reimbursement Amount 6.7263% 6.42625% 0.30% 63,340,829 4,260,462
Section 6.02 Reimbursement Amount 6.9063% 0.48% 9,071,000 626,466
Reimburseable Fees 8.5263% 2.10% 4,867,000 414,973
8.8263% 2.40% 5,974,000 527,280
Total Fees Due Servicer ----------------------
83,252,829 5,829,181 7.00%
</TABLE>
<PAGE> 29
Bank of New York Determination Date: 02-Jun-00
Manufactured Housing Contracts Remittance Date: 07-Jun-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-May-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Unpaid Unpaid
No. of Principal Delinquency as No. of Principal
(aa) Delinquency as of the 25th Contracts Balance of Calendar Month Contracts Balance
<S> <C> <C> <C> <C> <C> <C>
31-59 Days Delinquent 27 1,173,558 31-59 Days Delinquent 21 966,518
60-89 Days Delinquent 4 170,526 60-89 Days Delinquent 2 79,842
90+ Days Delinquent 2 88,479 90+ Days Delinquent 2 88,479
3-Month Avg Thirty-Day Delinquency Ratio 1.40% 3-Month Avg Thirty-Day
Delinquency Ratio na
3-Month Avg Sixty-Day Delinquency Ratio 0.31% 3-Month Avg Sixty-Day
Delinquency Ratio na
(ab) Section 3.05 Repurchases 0.00
(ad) Class R Distribution Amount 0.00
Reposession Profits 0.00
(ae) Principal Balance of Contracts in Repossession 61,103.92
(af) Aggregate Net Liquidation Losses 0.00
(ag) (x) Class B-3 Formula Distribution Amount 43,940.01
(y) Remaining Amount Available 340,532.23
-------------
Amount of (x) over (y) 0.00
(ah) Class B-2 Liquidation Loss Amount 0.00
(ai) Guarantee Payment 0.00
(aj) Unadvanced Shortfalls 0.00
No. $
(ak) Units repossessed 1 63,525.63
(al) Principal Prepayments paid 1,167,673.69
(am) Scheduled Principal Payments 113,326.67
(an) Weighted Average Interest Rate 10.06%
</TABLE>
<PAGE> 30
Bank of New York Determination Date: 02-Jun-00
Manufactured Housing Contracts Remittance Date: 07-Jun-00
Senior/Subordinated Pass-Through Certificates
Series 2000A For the Period Ended: 25-May-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Computation of Available Distribution Amount
<S> <C> <C>
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 2,155,246.05
(ii) Monthly Advance made 0.00
(iii) Section 5.05 Certificate Fund Income-Vanderbilt 6,929.20
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 44,877.57
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 0.00
(iv) Reimburseable Liquidation Expenses 10,000.00
(v) Section 6.04(c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer 0.00
Total Due Servicer 10,000.00
Available Distrubution Amount 2,107,297.68
To Class A and B - Scheduled Principal and Interest 1,766,765.45
Monthly Excess Cashflow Class II 340,532.23
Monthly Excess Cashflow Class I 629,473.21
Accelerated Principal Payment 970,005.44
Weighted Average Remaining Term (months) 259.00
Scheduled Balance Computation
Prior Month Balance 85,241,473.96
Current Balance 83,970,191.12
Adv Principal 6,740.95
Del Principal 16,458.47
Pool Scheduled Balance 83,960,473.60
Principal Payments in Full 1,140,081.00
Partial Prepayments 27,592.69
Scheduled Principal 113,326.67
Collateral Balance 83,970,191.12
Overcollateralization Amount 2,958,651
Required Overcollateralization Amount 3,097,139
</TABLE>
<PAGE> 31
Bank of New York Determination Date: 03-May-00
Manufactured Housing Contracts Remittance Date: 08-May-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Apr-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-1 Class I A-2 Class I A-3 Class I A-4
<S> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 1,738,532.13 208,450.00 208,533.33 180,240.41
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due 353,950.63
(b) Partial Prepayments Received 130,272.37
(c) Principal Payments in Full (Scheduled Balance) 979,537.72
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
------------- ------------- ------------- -------------
Total Principal Distribution 1,463,760.72 0.00 0.00 0.00
(c) Interest Distribution 274,771.41 208,450.00 208,533.33 180,240.41
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------- ------------- -------------
Total Interest Distribution 274,771.41 208,450.00 208,533.33 180,240.41
(d) Beginning Class I A and Class I B Principal Balance 50,982,924.57 33,000,000.00 32,000,000.00 27,189,000.00
Less: Principal Distribution 1,463,760.72 0.00 0.00 0.00
------------- ------------- ------------- -------------
Remaining Class A and Class B Principal Balance 49,519,163.85 33,000,000.00 32,000,000.00 27,189,000.00
(e) Fees Due Servicer
Monthly Servicing Fee 0.00 (h) Pool Factor
Section 8.06 Reimbursement Amount 0.00 Class I A-1 0.91702155
Section 6.02 Reimbursement Amount 12,518.00 Class I A-2 1.00000000
Reimburseable Fees 0.00 Class I A-3 1.00000000
------------- Class I A-4 1.00000000
Total Fees Due Servicer 12,518.00 Class I A-5 1.00000000
Class I M-1 1.00000000
Class I B-1 1.00000000
Class I B-2 1.00000000
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-5 Class I M-1 Class I B-1 Class I B-2
<S> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 62,398.10 52,601.54 56,347.92 98,605.00
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
------------ ------------ ------------ -------------
Total Principal Distribution 0.00 0.00 0.00 0.00
(c) Interest Distribution 62,398.10 52,601.54 56,347.92 98,605.00
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------ ------------ ------------ -------------
Total Interest Distribution 62,398.10 52,601.54 56,347.92 98,605.00
(d) Beginning Class I A and Class I B Principal Balance 9,137,000.00 7,310,000.00 7,310,000.00 12,792,000.00
Less: Principal Distribution 0.00 0.00 0.00 0.00
------------ ------------ ------------ -------------
Remaining Class A and Class B Principal Balance 9,137,000.00 7,310,000.00 7,310,000.00 12,792,000.00
(e) Fees Due Servicer
Monthly Servicing Fee Original Balance Rate
Section 8.06 Reimbursement Amount 54,000,000.00 6.2588% 6.12875% Libor
Section 6.02 Reimbursement Amount 33,000,000.00 7.5800% 0.13% Spread
Reimburseable Fees 32,000,000.00 7.8200%
27,189,000.00 7.9550%
Total Fees Due Servicer 9,137,000.00 8.1950%
7,310,000.00 8.6350%
7,310,000.00 9.2500%
12,792,000.00 9.2500%
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
<S> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
Total Principal Distribution
1,590,434.43
(c) Interest Distribution 1,141,947.71
Unpaid Interest Shortfall
Total Interest Distribution
When
(d) Beginning Class I A and Class I B Principal Balance 178,257,163.85
Less: Principal Distribution 1,463,760.72 is less than
182,738,000.00
Remaining Class A and Class B Principal Balance 0.10
18,273,800.00
(e) Fees Due Servicer We can prepay
Monthly Servicing Fee Rate
Section 8.06 Reimbursement Amount Class A-1 6.259% 50,982,924.57 3,190,894
Section 6.02 Reimbursement Amount Class A-2 7.580% 33,000,000.00 2,501,400
Reimburseable Fees Class A-3 7.820% 32,000,000.00 2,502,400
Class A-4 7.955% 27,189,000.00 2,162,885
Total Fees Due Servicer Class A-5 8.195% 9,137,000.00 748,777
Class A-6 8.635% 7,310,000.00 631,219
Class B-1 9.250% 7,310,000.00 676,175
Class B-2 9.250% 12,792,000.00 1,183,260
179,720,924.57 13,597,009 7.57%
</TABLE>
<PAGE> 32
Bank of New York Determination Date: 03-May-00
Manufactured Housing Contracts Remittance Date: 08-May-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Apr-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Unpaid
No. of Principal
(f) Delinquency Contracts Balance
<S> <C> <C>
31-59 Days Delinquent 243 8,051,431
60-89 Days Delinquent 49 1,597,523
90+ Days Delinquent 38 1,104,249
3-Month Avg Thirty-Day Delinquency Ratio 4.43%
3-Month Avg Sixty-Day Delinquency Ratio 1.41%
(g) Section 3.05 Repurchases 0.00
(i) Class R Distribution Amount 0.00
Reposession Profits 0.00
(j) Principal Balance of Contracts in Repossession 550,081.39
(k) Aggregate Net Liquidation Losses 0.00
(l) (x) Class B-2 Formula Distribution Amount 98,605.00
(y) Remaining Amount Available 547,091.72
------------
Amount of (x) over (y) 0.00
(m) Class B-2 Liquidation Loss Amount 0.00
(n) Guarantee Payment 0.00
(o) Unadvanced Shortfalls 0.00
No. $
(p) Units repossessed 14 402,281.23
(q) Principal Prepayments paid 1,109,810.09
(r) Scheduled Principal Payments 353,950.63
(s) Weighted Average Interest Rate 10.97%
</TABLE>
<PAGE> 33
Bank of New York Determination Date: 03-May-00
Manufactured Housing Contracts Remittance Date: 08-May-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Apr-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Computation of Available Distribution Amount
<S> <C>
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 2,820,766.17
Certificate Account Balance at Monthly Cutoff-SubServicer-21st 391,384.12
(ii) Monthly Advance made 0.00
(iii) Section 5.05 Certificate Fund Income-Vanderbilt 6,523.16
(iii) Section 5.05 Certificate Fund Income-SubServicer-21st 758.76
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 140,142.23
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-SubServicer-21st 12,576.83
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 0.00
(iv) Reimburseable Liquidation Expenses 12,518.00
(v) Section 6.04(c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer-21st 0.00
Total Due Servicer 12,518.00
Available Distrubution Amount-Vanderbilt 2,674,629.10
Available Distrubution Amount-SubServicer-21st 379,566.05
To Class A and B 2,605,708.43
Monthly Excess Cashflow 448,486.72
Weighted Average Remaining Term (months) 222.00
Scheduled Balance Computation
Prior Month Balance 179,720,924.57
Current Balance 178,301,752.36
Adv Principal 33,445.93
Del Principal 78,034.44
Pool Scheduled Balance 178,257,163.85
Principal Payments in Full 979,537.72
Partial Prepayments 130,272.37
Scheduled Principal 353,950.63
Collateral Balance 178,301,752.36
</TABLE>
<PAGE> 34
Bank of New York Determination Date: 03-May-00
Manufactured Housing Contracts Remittance Date: 08-May-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Apr-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
Class II A-1 Class II B-1 Class II B-2 Class II B-3
<S> <C> <C> <C> <C>
(v) Class II A and Class II B Distribution Amounts 2,112,871.10 51,621.86 34,486.92 43,874.26
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due 111,516.72
(b) Partial Prepayments Received 59,841.64
(c) Principal Payments in Full (Scheduled Balance) 985,974.03
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
(g) Accelerated Principal Payment 595,243.38
------------- ------------ ------------ ------------
Total Principal Distribution 1,752,575.77 0.00 0.00 0.00
(x) Interest Distribution 360,295.33 51,621.86 34,486.92 43,874.26
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------ ------------ ------------
Total Interest Distribution 360,295.33 51,621.86 34,486.92 43,874.26
(y) Beginning Class I A and Class I B Principal Balance 65,083,800.47 9,071,000.00 4,867,000.00 5,974,000.00
Less: Principal Distribution 1,752,575.77 0.00 0.00 0.00
------------- ------------ ------------ ------------
Remaining Class A and Class B Principal Balance 63,331,224.70 9,071,000.00 4,867,000.00 5,974,000.00
(z) Fees Due Servicer
Monthly Servicing Fee 0.00 (ac) Pool Factor Original Balance
Section 8.06 Reimbursement Amount 0.00 Class II A-1 0.92350533 68,577,000.00
Section 6.02 Reimbursement Amount 4,000.00 Class II B-1 1.00000000 9,071,000.00
Reimburseable Fees 0.00 Class II B-2 1.00000000 4,867,000.00
Class II B-3 1.00000000 5,974,000.00
-------------
Total Fees Due Servicer 4,000.00
<CAPTION>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
<S> <C> <C> <C> <C> <C>
(v) Class II A and Class II B Distribution Amounts
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
(g) Accelerated Principal Payment
Total Principal Distribution
(x) Interest Distribution 490,278.37
Unpaid Interest Shortfall
Total Interest Distribution When
83,243,224.70
(y) Beginning Class I A and Class I B Principal Balance is less than
Less: Principal Distribution 1,752,575.77 88,489,000.00
X
Remaining Class A and Class B Principal Balance 0.10
8,848,900.00
(z) Fees Due Servicer We can prepaid
Monthly Servicing Fee Rate Libor Spread
Section 8.06 Reimbursement Amount 6.4288% 6.12875% 0.30% 65,083,800 4,184,075
Section 6.02 Reimbursement Amount 6.6088% 0.48% 9,071,000 599,480
Reimburseable Fees 8.2288% 2.10% 4,867,000 400,493
8.5288% 2.40% 5,974,000 509,508
------------------------
Total Fees Due Servicer 84,995,800 5,693,555 6.70%
</TABLE>
<PAGE> 35
Bank of New York Determination Date: 03-May-00
Manufactured Housing Contracts Remittance Date: 08-May-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Apr-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Unpaid
No. of Principal
(aa) Delinquency Contracts Balance
<S> <C> <C>
31-59 Days Delinquent 31 1,414,670
60-89 Days Delinquent 4 272,373
90+ Days Delinquent 1 61,971
3-Month Avg Thirty-Day Delinquency Ratio 1.19%
3-Month Avg Sixty-Day Delinquency Ratio 0.22%
(ab) Section 3.05 Repurchases 0.00
(ad) Class R Distribution Amount 0.00
Reposession Profits 0.00
(ae) Principal Balance of Contracts in Repossession 40,540.12
(af) Aggregate Net Liquidation Losses 0.00
(ag) (x) Class B-3 Formula Distribution Amount 43,874.26
(y) Remaining Amount Available 146,756.66
-------------
Amount of (x) over (y) 0.00
(ah) Class B-2 Liquidation Loss Amount 0.00
(ai) Guarantee Payment 0.00
(aj) Unadvanced Shortfalls 0.00
No. $
(ak) Units repossessed 1 43,725.89
(al) Principal Prepayments paid 1,045,815.67
(am) Scheduled Principal Payments 111,516.72
(an) Weighted Average Interest Rate 10.06%
</TABLE>
<PAGE> 36
Bank of New York Determination Date: 03-May-00
Manufactured Housing Contracts Remittance Date: 08-May-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Apr-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Computation of Available Distribution Amount
<S> <C>
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 1,833,592.17
(ii) Monthly Advance made 0.00
(iii)Section 5.05 Certificate Fund Income-Vanderbilt 4,279.87
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 39,504.62
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 0.00
(iv) Reimburseable Liquidation Expenses 4,000.00
(v) Section 6.04(c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer 0.00
Total Due Servicer 4,000.00
Available Distrubution Amount 1,794,367.42
To Class A and B - Scheduled Principal and Interest 1,647,610.76
Monthly Excess Cashflow Class II 146,756.66
Monthly Excess Cashflow Class I 448,486.72
Accelerated Principal Payment 595,243.38
Weighted Average Remaining Term (months) 260.00
Scheduled Balance Computation
Prior Month Balance 86,398,806.35
Current Balance 85,253,180.85
Adv Principal 5,515.28
Del Principal 17,222.17
Pool Scheduled Balance 85,241,473.96
Principal Payments in Full 985,974.03
Partial Prepayments 59,841.64
Scheduled Principal 111,516.72
Collateral Balance 85,253,180.85
Overcollateralization Amount 1,998,249
Required Overcollateralization Amount 3,097,139
</TABLE>
<PAGE> 37
Bank of New York Determination Date: 04-Apr-00
Manufactured Housing Contracts Remittance Date: 07-Apr-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Mar-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-1 Class I A-2 Class I A-3 Class I A-4
<S> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 1,756,446.69 208,450.00 208,533.33 180,240.41
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due 342,485.26
(b) Partial Prepayments Received 118,737.08
(c) Principal Payments in Full (Scheduled Balance) 1,020,935.80
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
------------- ------------- ------------- -------------
Total Principal Distribution 1,482,158.14 0.00 0.00 0.00
(c) Interest Distribution 274,288.55 208,450.00 208,533.33 180,240.41
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------- ------------- -------------
Total Interest Distribution 274,288.55 208,450.00 208,533.33 180,240.41
(d) Beginning Class I A and Class I B Principal Balance 52,465,082.71 33,000,000.00 32,000,000.00 27,189,000.00
Less: Principal Distribution 1,482,158.14 0.00 0.00 0.00
------------- ------------- ------------- -------------
Remaining Class A and Class B Principal Balance 50,982,924.57 33,000,000.00 32,000,000.00 27,189,000.00
(e) Fees Due Servicer
Monthly Servicing Fee 0.00 (h) Pool Factor
Section 8.06 Reimbursement Amount 0.00 Class I A-1 0.94412823
Section 6.02 Reimbursement Amount 6,000.00 Class I A-2 1.00000000
Reimburseable Fees 0.00 Class I A-3 1.00000000
------------- Class I A-4 1.00000000
Total Fees Due Servicer 6,000.00 Class I A-5 1.00000000
Class I M-1 1.00000000
Class I B-1 1.00000000
Class I B-2 1.00000000
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
Class I A-5 Class I M-1 Class I B-1 Class I B-2
<S> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts 62,398.10 52,601.54 56,347.92 98,605.00
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
------------ ------------ ------------ -------------
Total Principal Distribution 0.00 0.00 0.00 0.00
(c) Interest Distribution 62,398.10 52,601.54 56,347.92 98,605.00
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------ ------------ ------------ -------------
Total Interest Distribution 62,398.10 52,601.54 56,347.92 98,605.00
(d) Beginning Class I A and Class I B Principal Balance 9,137,000.00 7,310,000.00 7,310,000.00 12,792,000.00
Less: Principal Distribution 0.00 0.00 0.00 0.00
------------ ------------ ------------ -------------
Remaining Class A and Class B Principal Balance 9,137,000.00 7,310,000.00 7,310,000.00 12,792,000.00
(e) Fees Due Servicer
Monthly Servicing Fee Original Balance Rate
Section 8.06 Reimbursement Amount 54,000,000.00 6.0713% 5.94125% Libor
Section 6.02 Reimbursement Amount 33,000,000.00 7.5800% 0.13% Spread
Reimburseable Fees 32,000,000.00 7.8200%
27,189,000.00 7.9550%
Total Fees Due Servicer 9,137,000.00 8.1950%
7,310,000.00 8.6350%
7,310,000.00 9.2500%
12,792,000.00 9.2500%
<CAPTION>
Information for Clauses (a) through (s), Section 7.01 - GROUP I
<S> <C> <C> <C> <C> <C>
(a) Class I A and Class I B Distribution Amounts
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
Total Principal Distribution 1,544,680.35
(c) Interest Distribution 1,141,464.85
Unpaid Interest Shortfall
Total Interest Distribution
When
(d) Beginning Class I A and Class I B Principal Balance 179,720,924.57
Less: Principal Distribution 1,482,158.14 is less than
182,738,000.00
Remaining Class A and Class B Principal Balance 0.10
18,273,800.00
(e) Fees Due Servicer We can prepay
Monthly Servicing Fee Rate
Section 8.06 Reimbursement Amount Class A-1 6.071% 52,465,082.71 3,185,286
Section 6.02 Reimbursement Amount Class A-2 7.580% 33,000,000.00 2,501,400
Reimburseable Fees Class A-3 7.820% 32,000,000.00 2,502,400
Class A-4 7.955% 27,189,000.00 2,162,885
Total Fees Due Servicer Class A-5 8.195% 9,137,000.00 748,777
Class A-6 8.635% 7,310,000.00 631,219
Class B-1 9.250% 7,310,000.00 676,175
Class B-2 9.250% 12,792,000.00 1,183,260
181,203,082.71 13,591,402 7.50%
</TABLE>
<PAGE> 38
Bank of New York Determination Date: 04-Apr-00
Manufactured Housing Contracts Remittance Date: 07-Apr-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Mar-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Unpaid
No. of Principal
(f) Delinquency Contracts Balance
<S> <C> <C>
31-59 Days Delinquent 227 7,497,717
60-89 Days Delinquent 54 1,605,238
90+ Days Delinquent 24 780,764
3-Month Avg Thirty-Day Delinquency Ratio 2.92%
3-Month Avg Sixty-Day Delinquency Ratio 0.90%
(g) Section 3.05 Repurchases 0.00
(i) Class R Distribution Amount 0.00
Reposession Profits 0.00
(j) Principal Balance of Contracts in Repossession 184,113.59
(k) Aggregate Net Liquidation Losses 0.00
(l) (x) Class B-2 Formula Distribution Amount 98,605.00
(y) Remaining Amount Available 501,820.50
-------------
Amount of (x) over (y) 0.00
(m) Class B-2 Liquidation Loss Amount 0.00
(n) Guarantee Payment 0.00
(o) Unadvanced Shortfalls 0.00
No. $
(p) Units repossessed 8 185,472.79
(q) Principal Prepayments paid 1,139,672.88
(r) Scheduled Principal Payments 342,485.26
(s) Weighted Average Interest Rate 10.98%
</TABLE>
<PAGE> 39
Bank of New York Determination Date: 04-Apr-00
Manufactured Housing Contracts Remittance Date: 07-Apr-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Mar-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Computation of Available Distribution Amount
<S> <C>
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 2,767,212.06
Certificate Account Balance at Monthly Cutoff-SubServicer-21st 367,252.11
(ii) Monthly Advance made 0.00
(iii) Section 5.05 Certificate Fund Income-Vanderbilt 8,908.61
(iii) Section 5.05 Certificate Fund Income-SubServicer-21st 886.90
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 99,783.93
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-SubServicer-21st 11,637.26
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 0.00
(iv) Reimburseable Liquidation Expenses 6,000.00
(v) Section 6.04(c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer-21st 0.00
Total Due Servicer 6,000.00
Available Distrubution Amount-Vanderbilt 2,670,336.74
Available Distrubution Amount-SubServicer-21st 356,501.75
To Class A and B 2,623,622.99
Monthly Excess Cashflow 403,215.50
Weighted Average Remaining Term (months) 223.00
Scheduled Balance Computation
Prior Month Balance 181,203,082.71
Current Balance 179,771,065.49
Adv Principal 23,702.09
Del Principal 73,843.01
Pool Scheduled Balance 179,720,924.57
Principal Payments in Full 1,020,935.80
Partial Prepayments 118,737.08
Scheduled Principal 342,485.26
Collateral Balance 179,771,065.49
</TABLE>
<PAGE> 40
Bank of New York Determination Date: 04-Apr-00
Manufactured Housing Contracts Remittance Date: 07-Apr-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Mar-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Information for Clauses (v) through (ap), Section 7.01 - GROUP II
Class II A-1 Class II B-1 Class II B-2 Class II B-3
<S> <C> <C> <C> <C>
(v) Class II A and Class II B Distribution Amounts 2,085,067.87 50,157.28 33,701.10 42,909.71
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due 105,428.53
(b) Partial Prepayments Received 37,148.54
(c) Principal Payments in Full (Scheduled Balance) 1,087,245.46
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
(f) Previously Undistributed Shortfalls in (a) through (e) 0.00
(g) Accelerated Principal Payment 496,131.02
------------- ------------ ------------ ------------
Total Principal Distribution 1,725,953.55 0.00 0.00 0.00
(x) Interest Distribution 359,114.32 50,157.28 33,701.10 42,909.71
Unpaid Interest Shortfall 0.00 0.00 0.00 0.00
------------- ------------ ------------ ------------
Total Interest Distribution 359,114.32 50,157.28 33,701.10 42,909.71
(y) Beginning Class I A and Class I B Principal Balance 66,819,305.02 9,071,000.00 4,867,000.00 5,974,000.00
Less: Principal Distribution 1,725,953.55 0.00 0.00 0.00
------------- ------------ ------------ ------------
Remaining Class A and Class B Principal Balance 65,093,351.47 9,071,000.00 4,867,000.00 5,974,000.00
(z) Fees Due Servicer
Monthly Servicing Fee 0.00 (ac) Pool Factor Original Balance
Section 8.06 Reimbursement Amount 0.00 Class II A-1 0.94920092 68,577,000.00
Section 6.02 Reimbursement Amount 2,000.00 Class II B-1 1.00000000 9,071,000.00
Reimburseable Fees 0.00 Class II B-2 1.00000000 4,867,000.00
------------- Class II B-3 1.00000000 5,974,000.00
Total Fees Due Servicer 2,000.00
<CAPTION>
Information for Clauses (v) through (ap), Section 7.01 - GROUP I
<S> <C> <C> <C> <C> <C> <C>
(v) Class II A and Class II B Distribution Amounts
(w) Formula Principal Distribution Amount
(a) Scheduled Principal Due
(b) Partial Prepayments Received
(c) Principal Payments in Full (Scheduled Balance)
(d) Liquidated Contract Scheduled Balance
(e) Section 3.05 Purchase Scheduled Balance
(f) Previously Undistributed Shortfalls in (a) through (e)
(g) Accelerated Principal Payment
----
Total Principal Distribution
(x) Interest Distribution 485,882.41
Unpaid Interest Shortfall
----
Total Interest Distribution When
85,005,351.47
(y) Beginning Class I A and Class I B Principal Balance is less than
Less: Principal Distribution 1,725,953.55 88,489,000.00
X
Remaining Class A and Class B Principal Balance 0.10
8,848,900.00
(z) Fees Due Servicer We can prepaid
Monthly Servicing Fee Rate Libor Spread
Section 8.06 Reimbursement Amount 6.2413% 5.94125% 0.30% 66,819,305 4,170,360
Section 6.02 Reimbursement Amount 6.4213% 0.48% 9,071,000 582,472
Reimburseable Fees 8.0413% 2.10% 4,867,000 391,368
8.3413% 2.40% 5,974,000 498,306
------------------------
Total Fees Due Servicer 86,731,305 5,642,505 6.51%
</TABLE>
<PAGE> 41
Bank of New York Determination Date: 04-Apr-00
Manufactured Housing Contracts Remittance Date: 07-Apr-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Mar-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Unpaid
No. of Principal
(aa) Delinquency Contracts Balance
<S> <C> <C>
31-59 Days Delinquent 20 982,222
60-89 Days Delinquent 4 202,491
90+ Days Delinquent 0 0
3-Month Avg Thirty-Day Delinquency Ratio 0.64%
3-Month Avg Sixty-Day Delinquency Ratio 0.09%
(ab) Section 3.05 Repurchases 0.00
(ad) Class R Distribution Amount 0.00
Reposession Profits 0.00
(ae) Principal Balance of Contracts in Repossession 0.00
(af) Aggregate Net Liquidation Losses 0.00
(ag) (x) Class B-3 Formula Distribution Amount 42,909.71
(y) Remaining Amount Available 92,915.52
------------
Amount of (x) over (y) 0.00
(ah) Class B-2 Liquidation Loss Amount 0.00
(ai) Guarantee Payment 0.00
(aj) Unadvanced Shortfalls 0.00
No. $
(ak) Units repossessed 0 0.00
(al) Principal Prepayments paid 1,124,394.00
(am) Scheduled Principal Payments 105,428.53
(an) Weighted Average Interest Rate 10.07%
</TABLE>
<PAGE> 42
Bank of New York Determination Date: 04-Apr-00
Manufactured Housing Contracts Remittance Date: 07-Apr-00
Senior/Subordinated Pass-Through
Certificates Series 2000A For the Period Ended: 25-Mar-00
Lock-Out Date: Mar-04
<TABLE>
<CAPTION>
Computation of Available Distribution Amount
<S> <C> <C>
(i) Certificate Account Balance at Monthly Cutoff-Vanderbilt 1,830,518.57
(ii) Monthly Advance made 0.00
(iii)Section 5.05 Certificate Fund Income-Vanderbilt 7,173.57
(v) Principal due Holders 0.00
Less:
(i) Scheduled Payments of principal and interest
due subsequent to the Due Period-Vanderbilt 27,071.68
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 0.00
(iv) Reimburseable Liquidation Expenses 2,000.00
(v) Section 6.04(c) reimbursement 0.00
(vi) Section 8.06 reimbursement 0.00
(vii) Amounts not required to be deposited-SubServicer 0.00
Total Due Servicer 2,000.00
Available Distrubution Amount 1,808,620.46
To Class A and B - Scheduled Principal and Interest 1,715,704.94
Monthly Excess Cashflow Class II 92,915.52
Monthly Excess Cashflow Class I 403,215.50
Accelerated Principal Payment 496,131.02
Weighted Average Remaining Term (months) 261.00
Scheduled Balance Computation
Prior Month Balance 87,628,628.88
Current Balance 86,408,757.05
Adv Principal 3,685.48
Del Principal 13,636.18
Pool Scheduled Balance 86,398,806.35
Principal Payments in Full 1,087,245.46
Partial Prepayments 37,148.54
Scheduled Principal 105,428.53
Collateral Balance 86,408,757.05
Overcollateralization Amount 1,393,455
Required Overcollateralization Amount 3,097,139
</TABLE>
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