CitiMortgage, Inc.
Distribution Date Statement to Certificateholders
Remic Pass-Through Certificate
Series Name: SBM7 2000-01
Payment Date: 5/25/2000
Issuer: Salomon Brothers Mortgage Securities VII, Inc
Record Date: 28-Apr-00
Distribution Date: 25-May-00
Distribution #: 2
W.A.C. 9.3464%
Trustee U.S. Bank National Association
Jason Giel (651) 244-1171
Bond Administrator CitiMortgage, Inc
Cathy Johnson (636) 256-6442
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------
Next
Current Succeeding
Class Coupon Type Coupon Coupon Original Par CUSIP #
-------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
~ A1 Floating Libor 6.75000 7.21000% $77,657,158.00 79548K3 A4
** ~ A2 Inverse Floating Lib 2.25000 1.79000% $77,657,158.00 79548K3 B2
A-PO Principal Only 0.00000 0.00000% $3,087,842.26 79548K3 F3
** A-IO WAC IO 0.40445 0.39174% $82,393,708.61 79548K3 G1
-------------------
Class A Total $80,745,000.26
B1 SUBORDINATED 9.00000 9.00000% $618,000.00 79548K3 C0
B2 SUBORDINATED 9.00000 9.00000% $206,000.00 79548K3 D8
B3 SUBORDINATED 9.00000 9.00000% $206,000.00 79548K3 E6
B4 SUBORDINATED 9.00000 9.00000% $330,000.00 7956419X9*
B5 SUBORDINATED 9.00000 9.00000% $123,000.00 7956419Y7*
B6 SUBORDINATED 9.00000 9.00000% $165,708.35 7956419Z4*
-------------------
Class SUB Total $1,648,708.35
===================
$82,393,708.61
** Denotes Notional Balance
~ These classes constitute regular interests in a separate REMIC election in the same trust.
</TABLE>
CitiMortgage, Inc.
Distribution Date Statement to Certificate Holders
Remic Pass-Through Certificate
Series Name: SBM7 2000-01
Payment Date: 5/25/2000
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------
Non
Interest Supported Interest Interest Principal
CLASS Accrued Shortfall Shortfall Recoveries Recoveries Interest Paid
-----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
A1 $429,802.64 $0.00 $0.00 $0.00 $0.00 $429,802.64
A2 $143,267.55 $0.00 $0.00 $0.00 $0.00 $143,267.55
A-PO $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
A-IO $27,337.49 $0.00 $0.00 $0.00 $0.00 $27,337.49
------------------------------------------------------------------------------------------------------
A Total $600,407.68 $0.00 $0.00 $0.00 $0.00 $600,407.68
RES $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
------------------------------------------------------------------------------------------------------
RES Total $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
B1 $4,619.41 $0.00 $0.00 $0.00 $0.00 $4,619.41
B2 $1,539.80 $0.00 $0.00 $0.00 $0.00 $1,539.80
B3 $1,539.80 $0.00 $0.00 $0.00 $0.00 $1,539.80
B4 $2,466.67 $0.00 $0.00 $0.00 $0.00 $2,466.67
B5 $919.40 $0.00 $0.00 $0.00 $0.00 $919.40
B6 $1,238.63 $0.00 $0.00 $0.00 $0.00 $1,238.63
------------------------------------------------------------------------------------------------------
SUB Total $12,323.71 $0.00 $0.00 $0.00 $0.00 $12,323.71
=======================================================================================================
Total $612,731.39 $0.00 $0.00 $0.00 $0.00 $612,731.39
</TABLE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------
Interest Cum Unpaid Relief Act
Paid Per Interest Interest
CLASS Certificate Shortfalls Shortfalls
---------------------------------------------------------------------------
<S> <C> <C> <C>
A1 5.53461717 $0.00 $0.00
A2 1.84487243 $0.00 $0.00
A-PO 0.00000000 $0.00 $0.00
A-IO 0.33179099 $0.00 $0.00
--------------------------------------
A Total $0.00 $0.00
RES 0.00000000 $0.00 $0.00
--------------------------------------
RES Total $0.00 $0.00
B1 7.47477346 $0.00 $0.00
B2 7.47475728 $0.00 $0.00
B3 7.47475728 $0.00 $0.00
B4 7.47475758 $0.00 $0.00
B5 7.47479675 $0.00 $0.00
B6 7.47475912 $0.00 $0.00
--------------------------------------
SUB Total $0.00 $0.00
======================================
Total $0.00 $0.00
</TABLE>
CitiMortgage, Inc.
Distribution Date Statement to Certificateholders
Remic Pass-Through Certificate
SBM7 2000-01
Payment Date: 5/25/2000
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------
Certificate
Reductions
not part of Principal
distributions Paid Cumulative
Principal to reduce Principal Per Principal
CLASS Due Stated Amount Paid Certificate Loss
---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A1 $1,155,313.88 $0.00 $1,155,313.88 14.87710740 0.00
A2 $.00 $0.00 $.00 0.00000000 0.00
A-PO $46,313.31 $0.00 $46,313.31 14.99859970 0.00
A-IO $.00 $0.00 $.00 0.00000000 0.00
-------------------------------------------------------------------------------------------------
A Total $1,201,627.19 $0.00 $1,201,627.19 0.00
B1 $2,090.58 $0.00 $2,090.58 3.38281553 0.00
B2 $696.87 $0.00 $696.87 3.38286408 0.00
B3 $696.87 $0.00 $696.87 3.38286408 0.00
B4 $1,116.34 $0.00 $1,116.34 3.38284848 0.00
B5 $416.09 $0.00 $416.09 3.38284553 0.00
B6 $560.57 $0.00 $560.57 3.38287117 0.00
-------------------------------------------------------------------------------------------------
SUB Total $5,577.32 $0.00 $5,577.32 0.00
=================================================================================================
Total $1,207,204.51 $0.00 $1,207,204.51
0.00
Aggr. Scheduled Principal Payments: $277,977.03
Aggr. Principal Prepayments: $929,227.48
</TABLE>
CitiMortgage, Inc.
Distribution Date Statement to Certificateholders
Remic Pass-Through Certificate
SBM7 2000-01
Payment Date: 5/25/2000
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
Previous Ending Ending Ending
Period's Period's Balance Per Balance Ending
CLASS Balance Balance Certificate Pool Factor Class PCT
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A1 $76,409,358.32 $75,254,044.44 969.05483510 0.96905484 97.8702688673 %
** A2 $76,409,358.32 $75,254,044.44 969.05483510 0.96905484 0.0000000000 %
A-PO $3,057,523.87 $3,011,210.56 975.18276727 0.97518277 0.0000000000 %
** A-IO $81,110,044.48 $79,902,839.97 969.76870344 0.96976870 0.0000000000 %
---------------------------------------------------------------------------------------------------------------
A Total $79,466,882.19 $78,265,255.00 97.8702688673 %
B1 $615,921.12 $613,830.54 993.25330097 0.99325330 0.7983060636 %
B2 $205,307.04 $204,610.17 993.25325243 0.99325325 0.2661020082 %
B3 $205,307.04 $204,610.17 993.25325243 0.99325325 0.2661020082 %
B4 $328,889.92 $327,773.58 993.25327273 0.99325327 0.4262799248 %
B5 $122,586.24 $122,170.15 993.25325203 0.99325325 0.1588861505 %
B6 $165,150.93 $164,590.36 993.25326696 0.99325327 0.2140549775 %
---------------------------------------------------------------------------------------------------------------
SUB Total $1,643,162.29 $1,637,584.97 2.1297311327 %
===============================================================================================================
Total $81,110,044.48 $79,902,839.97 100.0000000000 %
PO Balance $3,057,523.87 $3,011,210.56
Non PO Balance $78,052,520.61 $76,891,629.41
** Denotes Notional Balance
</TABLE>
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
Previous Ending Begining
Period's Period's Balance Per Beginning Prepayment
CLASS Balance Balance Certificate Class PCT Percentage
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A1 $76,409,358.32 $75,254,044.44 983.93194250 97.8947991978% 100.0000000000 %
** A2 $76,409,358.32 $75,254,044.44 983.93194250 0.0000000000% 0.0000000000 %
A-PO $3,057,523.87 $3,011,210.56 990.18136697 0.0000000000% 0.0000000000 %
** A-IO $81,110,044.48 $79,902,839.97 984.42036229 0.0000000000% 0.0000000000 %
---------------------------------------------------------------------------------------------------------------
Class A Total $79,466,882.19 $78,265,255.00 97.8947991978% 100.0000000000 %
B1 $615,921.12 $613,830.54 996.63611650 0.7891111205% 0.0000000000 %
B2 $205,307.04 $204,610.17 996.63611650 0.2630370402% 0.0000000000 %
B3 $205,307.04 $204,610.17 996.63611650 0.2630370402% 0.0000000000 %
B4 $328,889.92 $327,773.58 996.63612121 0.4213700178% 0.0000000000 %
B5 $122,586.24 $122,170.15 996.63609756 0.1570560938% 0.0000000000 %
B6 $165,150.93 $164,590.36 996.63613813 0.2115894896% 0.0000000000 %
---------------------------------------------------------------------------------------------------------------
Class SUB Total $1,643,162.29 $1,637,584.97 2.1052008022% 0.0000000000 %
===============================================================================================================
Total $81,110,044.48 $79,902,839.97 100.0000000000% 100.0000000000 %
PO Balance $3,057,523.87 $3,011,210.56
Non PO Balance $78,052,520.61 $76,891,629.41
** Denotes Notional Balance
</TABLE>
CitiMortgage, Inc.
Distribution Date Statement to Certificateholders
Remic Pass-Through Certificate
Series Name: SBM7 2000-01
Payment Date: 5/25/2000
P & I Advances
--------------
Voluntary Advances $31,641.07
Trustee Advances $0.00
Advance Account Advances $0.00
Certificate Account Advances $55,831.20
Summary of Disbursements
------------------------
Withdrawals
Remittances Residual and (Deposits) P&I Distributed
----------------- ------------- --------------- ----------------
$1,822,048.13 $0.00 $2,112.23 $1,819,935.90
Stated Collateral Information
-----------------------------
Service Fees $14,147.42
Begin Balance $81,110,044.48
Aggregate Adj Balance $79,902,839.97
Realized Losses incurred during the related Prepayment Period
-------------------------------------------------------------
Total Realized Losses $0.00
Which Include:
Type Coverage Current Losses Cumulative Losses
--------------- ------------- --------------- -----------------
Special Hazards $1,430,689.00 $0.00 $0.00
Bankruptcy $100,000.00 $0.00 $0.00
Fraud $823,937.00 $0.00 $0.00
Extraordinary Trust Fund Expenses
---------------------------------
Expenses withdrawn from the collection
Account or the Distribution Account: $0.00
Withdrawals from Certificate Account
------------------------------------
Type Retained Amount Balance
-------------------------- --------- ------------- -------------
Trust Administration Fee Yes $844.89 $0.00
Trustee Fee No $1,267.34 $0.00
COLLATERAL INFORMATION:
AT ISSUE CURRENT
---------------- ----------------
WAC - SCHED BEG BA 9.35% 9.33%
WAC - SCHED END BA 9.35%
WAC - ACTUAL END BA 9.35%
WAM 209 216
AVG LTV
AVG LOAN SIZE $181,484 $179,154
# OF LOANS 454 446
ACTUAL AGGERGATE $82,393,708.61 $80,134,757.44
PRINCIPAL BALANCE $82,393,708.61 $79,902,839.97
<TABLE>
<CAPTION>
DELINQUENCY INFORMATION
Number of Amount of Scheduled Amount of Actual
loans Balance Balance
------------- ----------------------- ----------------------
# PCT Amount PCT Amount PCT
<S> <C> <C> <C> <C> <C> <C>
30 + Days 19 4.26% $3,611,712.13 4.52% $3,626,158.61 4.54%
60 + Days 1 0.22% $187,831.34 0.24% $188,515.86 0.24%
(1) 90 + Days 1 0.22% $276,674.83 0.35% $278,087.53 0.35%
REAL ESTATE OWNED BY THE TRUST 0 0.00% $0.00 0.00% $0.00 0.00%
FORECLOSURES IN PROCESS 0 0.00% $0.00 0.00% $0.00 0.00%
BANKRUPTCIES IN PROCESS 7 1.57% $1,726,950.63 2.16% $1,730,274.96 2.17%
PURCHASE AMOUNT ADVANCES: NA
(1) 90+ DAYS DOES NOT INCLUDE REAL ESTATE OWNED BY THE TRUST.
</TABLE>
CitiMortgage, Inc.
Distribution Date Statement to Certificateholder
Remic Pass-Through Certificate
Series: SBM7 2000-01
Payment Date: 5/25/2000
Loans that became REO / Foreclosure this payment period.
Loan Id Actual Principal Balance Scheduled Principal Balance
----------- ----------------------------- ---------------------------
Total Book Value of REO Properties: $0.00
