SALOMON BROTHERS MORT SEC VII INC MORT PAS TH CE SER 2000-1
8-K, EX-99.1466, 2000-10-10
ASSET-BACKED SECURITIES
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                           CitiMortgage, Inc.
           Distribution Date Statement to Certificateholders
                     Remic Pass-Through Certificate
                        Series Name: SBM7 2000-01
                         Payment Date: 9/25/2000

 Issuer:               Salomon Brothers Mortgage Securities VII, Inc
 Record Date:          31-Aug-00
 Distribution Date:    25-Sep-00
 Distribution #:       6
 W.A.C.                 9.35%


 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           7.22000        7.22188%       $77,657,158.00   79548K3 A4
** ~  A2     Inverse Floating Lib     1.78000        1.77812%       $77,657,158.00   79548K3 B2
      A-PO   Principal Only           0.00000        0.00000%        $3,087,842.26   79548K3 F3
**    A-IO   WAC IO                   0.40776        0.39446%       $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: 9/25/2000

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------
                                     Non
                 Interest         Supported       Interest      Interest        Principal
   CLASS         Accrued          Shortfall      Shortfall     Recoveries       Recoveries      Interest Paid
-----------------------------------------------------------------------------------------------------------------
<S>        <C>               <C>              <C>           <C>             <C>             <C>
         A1       $430,206.95            $0.00         $0.00           $0.00           $0.00          $430,206.95
         A2       $106,062.10            $0.00         $0.00           $0.00           $0.00          $106,062.10
       A-PO             $0.00            $0.00         $0.00           $0.00           $0.00                $0.00
       A-IO        $25,816.77            $0.00         $0.00           $0.00           $0.00           $25,816.77
             ----------------------------------------------------------------------------------------------------
A Total           $562,085.82            $0.00         $0.00           $0.00           $0.00          $562,085.82


        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         $4,556.03            $0.00         $0.00           $0.00           $0.00            $4,556.03
         B2         $1,518.68            $0.00         $0.00           $0.00           $0.00            $1,518.68
         B3         $1,518.68            $0.00         $0.00           $0.00           $0.00            $1,518.68
         B4         $2,432.83            $0.00         $0.00           $0.00           $0.00            $2,432.83
         B5           $906.78            $0.00         $0.00           $0.00           $0.00              $906.78
         B6         $1,221.64            $0.00         $0.00           $0.00           $0.00            $1,221.64
             ----------------------------------------------------------------------------------------------------
SUB Total          $12,154.64            $0.00         $0.00           $0.00           $0.00           $12,154.64


             ====================================================================================================
 Total            $574,240.46            $0.00         $0.00           $0.00           $0.00          $574,240.46


</TABLE>
 <TABLE>
 <CAPTION>

    ---------------------------------------------------------------------------
                    Interest            Cum Unpaid           Relief Act
                    Paid Per             Interest             Interest
     CLASS        Certificate           Shortfalls           Shortfalls
    ---------------------------------------------------------------------------
<S>           <C>               <C>                   <C>
            A1        5.53982352                 $0.00                 $0.00
            A2        1.36577365                 $0.00                 $0.00
          A-PO        0.00000000                 $0.00                 $0.00
          A-IO        0.31333424                 $0.00                 $0.00
                                         --------------------------------------
       A Total                                   $0.00                 $0.00

           RES        0.00000000                 $0.00                 $0.00
                                         --------------------------------------
     RES Total                                   $0.00                 $0.00

            B1        7.37221683                 $0.00                 $0.00
            B2        7.37223301                 $0.00                 $0.00
            B3        7.37223301                 $0.00                 $0.00
            B4        7.37221212                 $0.00                 $0.00
            B5        7.37219512                 $0.00                 $0.00
            B6        7.37222958                 $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: 9/25/2000

<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       $1,442,380.95                $0.00     $1,442,380.95      18.57370250            0.00
                  A2                $.00                $0.00              $.00       0.00000000            0.00
                A-PO          $47,628.80                $0.00        $47,628.80      15.42462211            0.00
                A-IO                $.00                $0.00              $.00       0.00000000            0.00
                      -------------------------------------------------------------------------------------------------
             A Total       $1,490,009.75                $0.00     $1,490,009.75                             0.00

                  B1           $2,167.63                $0.00         $2,167.63       3.50749191            0.00
                  B2             $722.54                $0.00           $722.54       3.50747573            0.00
                  B3             $722.54                $0.00           $722.54       3.50747573            0.00
                  B4           $1,157.47                $0.00         $1,157.47       3.50748485            0.00
                  B5             $431.42                $0.00           $431.42       3.50747967            0.00
                  B6             $581.22                $0.00           $581.22       3.50748770            0.00
                      -------------------------------------------------------------------------------------------------
           SUB Total           $5,782.82                $0.00         $5,782.82                             0.00

                      =================================================================================================
          Total            $1,495,792.57                $0.00     $1,495,792.57                             0.00

                      Aggr. Scheduled Principal Payments:           $274,013.47
                            Aggr.  Principal Prepayments:         $1,221,779.10

 </TABLE>

                                      CitiMortgage, Inc.
                      Distribution Date Statement to Certificateholders
                               Remic Pass-Through Certificate
                                        SBM7 2000-01
                                   Payment Date: 9/25/2000

<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           $71,502,540.26         $70,060,159.31        902.17258929        0.90217259         97.7470054581 %
              ** A2           $71,502,540.26         $70,060,159.31        902.17258929        0.90217259          0.0000000000 %
               A-PO            $2,853,910.30          $2,806,281.50        908.81633960        0.90881634          0.0000000000 %
            ** A-IO           $75,977,067.06         $74,481,274.49        903.96798186        0.90396798          0.0000000000 %
                    ---------------------------------------------------------------------------------------------------------------
            A Total           $74,356,450.56         $72,866,440.81                                               97.7470054581 %

                 B1              $607,470.09            $605,302.46        979.45381877        0.97945382          0.8445099675 %
                 B2              $202,490.03            $201,767.49        979.45383495        0.97945383          0.2815033271 %
                 B3              $202,490.03            $201,767.49        979.45383495        0.97945383          0.2815033271 %
                 B4              $324,377.23            $323,219.76        979.45381818        0.97945382          0.4509519241 %
                 B5              $120,904.23            $120,472.81        979.45373984        0.97945374          0.1680820674 %
                 B6              $162,884.89            $162,303.67        979.45378130        0.97945378          0.2264439287 %
                    ---------------------------------------------------------------------------------------------------------------
          SUB Total            $1,620,616.50          $1,614,833.68                                                2.2529945419 %

                    ===============================================================================================================
              Total           $75,977,067.06         $74,481,274.49                                              100.0000000000 %

         PO Balance            $2,853,910.30          $2,806,281.50
     Non PO Balance           $73,123,156.76         $71,674,992.99
** Denotes Notional Balance
</TABLE>

<TABLE>
<CAPTION>

-----------------------------------------------------------------------------------------------------------------------------------
                        Previous             Ending           Beginning
                        Period's            Period's         Balance Per           Beginning           Prepayment
CLASS                   Balance             Balance          Certificate           Class PCT           Percentage
-----------------------------------------------------------------------------------------------------------------------------------
<S>               <C>                <C>                   <C>              <C>                    <C>
                A1     $71,502,540.26        $70,060,159.31     920.74629180         97.7837164425%      100.0000000000 %
             ** A2     $71,502,540.26        $70,060,159.31     920.74629180          0.0000000000%        0.0000000000 %
              A-PO      $2,853,910.30         $2,806,281.50     924.24096171          0.0000000000%        0.0000000000 %
           ** A-IO     $75,977,067.06        $74,481,274.49     922.12219042          0.0000000000%        0.0000000000 %
                   ----------------------------------------------------------------------------------------------------------------
     Class A Total     $74,356,450.56        $72,866,440.81                          97.7837164425%      100.0000000000 %

                B1        $607,470.09           $605,302.46     982.96131068          0.8307492687%        0.0000000000 %
                B2        $202,490.03           $201,767.49     982.96131068          0.2769164229%        0.0000000000 %
                B3        $202,490.03           $201,767.49     982.96131068          0.2769164229%        0.0000000000 %
                B4        $324,377.23           $323,219.76     982.96130303          0.4436039750%        0.0000000000 %
                B5        $120,904.23           $120,472.81     982.96121951          0.1653432857%        0.0000000000 %
                B6        $162,884.89           $162,303.67     982.96126900          0.2227541824%        0.0000000000 %
                   ----------------------------------------------------------------------------------------------------------------
   Class SUB Total      $1,620,616.50         $1,614,833.68                           2.2162835575%        0.0000000000 %

                   ================================================================================================================
             Total     $75,977,067.06        $74,481,274.49                         100.0000000000%      100.0000000000 %

         PO Balance     $2,853,910.30         $2,806,281.50
     Non PO Balance    $73,123,156.76        $71,674,992.99
** Denotes Notional Balance
</TABLE>

                            CitiMortgage, Inc.
           Distribution Date Statement to Certificateholders
                      Remic Pass-Through Certificate
                         Series Name: SBM7 2000-01
                          Payment Date: 9/25/2000


Print Date: 10/6/2000

 P & I Advances
---------------
  Voluntary Advances                                     $0.00
  Trustee Advances                                       $0.00
  Advance Account Advances                               $0.00
  Certificate Account Advances                     $146,873.24

 Summary of Disbursements
-------------------------


                                Withdrawals
 Remittances      Residual      and (Deposits)  P&I Distributed
 ---------------- ------------- --------------- ----------------
    $2,072,011.59         $0.00       $1,978.56    $2,070,033.03


 Stated Collateral Information
 -----------------------------
 Service Fees                       $10,971.60
 Begin Balance                  $75,977,067.06
 Aggregate Adj Balance          $74,481,274.49


 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       $791.42         $0.00
  Trustee Fee                    No     $1,187.14         $0.00


   COLLATERAL INFORMATION:

                               AT ISSUE          CURRENT
                            ---------------- ----------------

 WAC -  SCHED BEG BAL                  9.35%            9.35%
 WAC -  SCHED END BAL                                   9.35%
 WAC - ACTUAL END BAL                                   9.35%
 WAM                                     209              212
 AVG LTV
 AVG LOAN SIZE                      $181,484         $176,079
 # OF LOANS                              454              423
 ACTUAL AGGREGATE             $82,393,708.61   $74,700,465.31
 PRINCIPAL BALANCE            $82,393,708.61   $74,481,274.49


<TABLE>
<CAPTION>
 DELINQUENCY   (1)                  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    16  3.78%   $3,792,947.36  5.09%  $3,808,093.34   5.11%
                            60 + Days     0  0.00%           $0.00  0.00%          $0.00   0.00%
                        (2) 90 + Days     1  0.24%      $61,945.68  0.08%     $62,473.73   0.08%
       REAL ESTATE OWNED BY THE TRUST     0  0.00%           $0.00  0.00%          $0.00   0.00%
              FORECLOSURES IN PROCESS     1  0.24%      $61,945.68  0.08%     $62,473.73   0.08%
              BANKRUPTCIES IN PROCESS     4  0.95%     $909,769.78  1.22%    $911,060.68   1.22%
             PURCHASE AMOUNT ADVANCES                           NA

             (1)  DETERMINED BY THE MBA METHOD
             (2)  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: 9/25/2000


             Loans that became REO.

            Loan Id   Actual Principal Balance Scheduled Principal Balance
            --------- ------------------------ ---------------------------
            NO REO                       $0.00                       $0.00

             Total Book Value of REO Properties:            $0.00


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