SALOMON BROTHERS MORT SEC VII INC MORT PAS TH CE SER 2000-1
8-K, EX-99.1466, 2000-09-01
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: 8/25/2000

 Issuer:               Salomon Brothers Mortgage Securities VII, Inc
 Record Date:          31-Jul-00
 Distribution Date:    25-Aug-00
 Distribution #:       5
 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        7.22000%       $77,657,158.00   79548K3 A4
** ~  A2     Inverse Floating Lib     1.78000        1.78000%       $77,657,158.00   79548K3 B2
      A-PO   Principal Only           0.00000        0.00000%        $3,087,842.26   79548K3 F3
**    A-IO   WAC IO                   0.40767        0.39474%       $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: 8/25/2000

<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------------
                                     Non
                 Interest         Supported       Interest      Interest        Principal
   CLASS         Accrued          Shortfall      Shortfall     Recoveries       Recoveries      Interest Paid
-------------------------------------------------------------------------------------------------------------------
<S>        <C>               <C>              <C>           <C>             <C>             <C>
         A1       $437,942.28            $0.00         $0.00           $0.00           $0.00          $437,942.28
         A2       $107,969.15            $0.00         $0.00           $0.00           $0.00          $107,969.15
       A-PO             $0.00            $0.00         $0.00           $0.00           $0.00                $0.00
       A-IO        $26,275.19            $0.00         $0.00           $0.00           $0.00           $26,275.19
             ------------------------------------------------------------------------------------------------------
A Total           $572,186.62            $0.00         $0.00           $0.00           $0.00          $572,186.62


        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         $4,572.04            $0.00         $0.00           $0.00           $0.00            $4,572.04
         B2         $1,524.01            $0.00         $0.00           $0.00           $0.00            $1,524.01
         B3         $1,524.01            $0.00         $0.00           $0.00           $0.00            $1,524.01
         B4         $2,441.38            $0.00         $0.00           $0.00           $0.00            $2,441.38
         B5           $909.97            $0.00         $0.00           $0.00           $0.00              $909.97
         B6         $1,225.93            $0.00         $0.00           $0.00           $0.00            $1,225.93
             ------------------------------------------------------------------------------------------------------
SUB Total          $12,197.34            $0.00         $0.00           $0.00           $0.00           $12,197.34


            =======================================================================================================
 Total            $584,383.96            $0.00         $0.00           $0.00           $0.00          $584,383.96


</TABLE>
 <TABLE>
 <CAPTION>

    ---------------------------------------------------------------------------
                    Interest            Cum Unpaid           Relief Act
                    Paid Per             Interest             Interest
     CLASS        Certificate           Shortfalls           Shortfalls
    ---------------------------------------------------------------------------
<S>           <C>               <C>                   <C>
            A1        5.63943223                 $0.00                 $0.00
            A2        1.39033095                 $0.00                 $0.00
          A-PO        0.00000000                 $0.00                 $0.00
          A-IO        0.31889801                 $0.00                 $0.00
                                         --------------------------------------
       A Total                                   $0.00                 $0.00

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

            B1        7.39812298                 $0.00                 $0.00
            B2        7.39810680                 $0.00                 $0.00
            B3        7.39810680                 $0.00                 $0.00
            B4        7.39812121                 $0.00                 $0.00
            B5        7.39813008                 $0.00                 $0.00
            B6        7.39811844                 $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: 8/25/2000

<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       $1,285,650.06                $0.00     $1,285,650.06      16.55546112            0.00
                  A2                $.00                $0.00              $.00       0.00000000            0.00
                A-PO          $74,809.46                $0.00        $74,809.46      24.22709896            0.00
                A-IO                $.00                $0.00              $.00       0.00000000            0.00
                      -------------------------------------------------------------------------------------------------
             A Total       $1,360,459.52                $0.00     $1,360,459.52                             0.00

                  B1           $2,135.26                $0.00         $2,135.26       3.45511327            0.00
                  B2             $711.75                $0.00           $711.75       3.45509709            0.00
                  B3             $711.75                $0.00           $711.75       3.45509709            0.00
                  B4           $1,140.19                $0.00         $1,140.19       3.45512121            0.00
                  B5             $424.98                $0.00           $424.98       3.45512195            0.00
                  B6             $572.54                $0.00           $572.54       3.45510652            0.00
                      -------------------------------------------------------------------------------------------------
           SUB Total           $5,696.47                $0.00         $5,696.47                             0.00

                      =================================================================================================
          Total            $1,366,155.99                $0.00     $1,366,155.99                             0.00

                      Aggr. Scheduled Principal Payments:                  $273,750.61
                            Aggr.  Principal Prepayments:                $1,092,405.38

 </TABLE>

                                     CitiMortgage, Inc.
                      Distribution Date Statement to Certificateholders
                               Remic Pass-Through Certificate
                                        SBM7 2000-01
                                   Payment Date: 8/25/2000

<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           $72,788,190.32         $71,502,540.26        920.74629180        0.92074629         97.7837164425 %
              ** A2           $72,788,190.32         $71,502,540.26        920.74629180        0.92074629          0.0000000000 %
               A-PO            $2,928,719.76          $2,853,910.30        924.24096171        0.92424096          0.0000000000 %
            ** A-IO           $77,343,223.05         $75,977,067.06        922.12219042        0.92212219          0.0000000000 %
                    ---------------------------------------------------------------------------------------------------------------
            A Total           $75,716,910.08         $74,356,450.56                                               97.7837164425 %

                 B1              $609,605.35            $607,470.09        982.96131068        0.98296131          0.8307492687 %
                 B2              $203,201.78            $202,490.03        982.96131068        0.98296131          0.2769164229 %
                 B3              $203,201.78            $202,490.03        982.96131068        0.98296131          0.2769164229 %
                 B4              $325,517.42            $324,377.23        982.96130303        0.98296130          0.4436039750 %
                 B5              $121,329.21            $120,904.23        982.96121951        0.98296122          0.1653432857 %
                 B6              $163,457.43            $162,884.89        982.96126900        0.98296127          0.2227541824 %
                    ---------------------------------------------------------------------------------------------------------------
          SUB Total            $1,626,312.97          $1,620,616.50                                                2.2162835575 %

                    ===============================================================================================================
              Total           $77,343,223.05         $75,977,067.06                                              100.0000000000 %

         PO Balance            $2,928,719.76          $2,853,910.30
     Non PO Balance           $74,414,503.29         $73,123,156.76
** 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     $72,788,190.32        $71,502,540.26     937.30175292         97.8145215004%      100.0000000000 %
             ** A2     $72,788,190.32        $71,502,540.26     937.30175292          0.0000000000%        0.0000000000 %
              A-PO      $2,928,719.76         $2,853,910.30     948.46806067          0.0000000000%        0.0000000000 %
           ** A-IO     $77,343,223.05        $75,977,067.06     938.70301938          0.0000000000%        0.0000000000 %
                   ----------------------------------------------------------------------------------------------------------------
     Class A Total     $75,716,910.08        $74,356,450.56                          97.8145215004%      100.0000000000 %

                B1        $609,605.35           $607,470.09     986.41642395          0.8192023370%        0.0000000000 %
                B2        $203,201.78           $202,490.03     986.41640777          0.2730674412%        0.0000000000 %
                B3        $203,201.78           $202,490.03     986.41640777          0.2730674412%        0.0000000000 %
                B4        $325,517.42           $324,377.23     986.41642424          0.4374381412%        0.0000000000 %
                B5        $121,329.21           $120,904.23     986.41634146          0.1630451117%        0.0000000000 %
                B6        $163,457.43           $162,884.89     986.41637552          0.2196580274%        0.0000000000 %
                   ----------------------------------------------------------------------------------------------------------------
   Class SUB Total      $1,626,312.97         $1,620,616.50                           2.1854784996%        0.0000000000 %

                   ================================================================================================================
             Total     $77,343,223.05        $75,977,067.06                         100.0000000000%      100.0000000000 %

        PO Balance      $2,928,719.76         $2,853,910.30
    Non PO Balance     $74,414,503.29        $73,123,156.76
** Denotes Notional Balance
</TABLE>

                            CitiMortgage, Inc.
           Distribution Date Statement to Certificateholders
                      Remic Pass-Through Certificate
                         Series Name: SBM7 2000-01
                          Payment Date: 8/25/2000


Print Date: 9/1/2000

 P & I Advances
 --------------
  Voluntary Advances                                     $0.00
  Trustee Advances                                       $0.00
  Advance Account Advances                               $0.00
  Certificate Account Advances                      $88,574.72

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



                                 Withdrawals
 Remittances       Residual      and (Deposits)  P&I Distributed
 ----------------- ------------- --------------- ----------------
     $1,952,554.10         $0.00       $2,014.15    $1,950,539.95


 Stated Collateral Information
 -----------------------------

  Service Fees                         $11,432.06
  Begin Balance                    $77,343,223.05
  Aggregate Adj Balance            $75,977,067.06


 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       $805.66         $0.00
  Trustee Fee                       No     $1,208.49         $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                 213
 AVG LTV
 AVG LOAN SIZE                      $181,484            $177,517
 # OF LOANS                              454                 428
 ACTUAL AGGERGATE             $82,393,708.61      $76,187,098.81
 PRINCIPAL BALANCE            $82,393,708.61      $75,977,067.06


<TABLE>
  <CAPTION>
 DELINQUECNY   (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    14  3.27%   $3,282,410.18  4.32%  $3,297,393.77   4.34%
                         60 + Days     1  0.23%     $184,103.38  0.24%    $184,788.24   0.24%
                     (2) 90 + Days     1  0.23%      $62,035.36  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  0.23%      $62,035.36  0.08%     $62,473.73   0.08%
           BANKRUPTCIES IN PROCESS     4  0.93%     $911,023.03  1.20%    $912,631.30   1.20%
          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: 8/25/2000


               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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