SALOMON BROTHERS MORT SEC VII INC MORT PAS TH CE SER 2000-1
8-K, EX-99.1466, 2000-12-28
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: 12/26/2000

 Issuer:               Salomon Brothers Mortgage Securities VII, Inc
 Record Date:          30-Nov-00
 Distribution Date:    26-Dec-00
 Distribution #:       9
 W.A.C.                 9.34%


 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           7.21750        7.24750%       $77,657,158.00   79548K3 A4
** ~  A2     Inverse Floating Lib     1.78250        1.75250%       $77,657,158.00   79548K3 B2
      A-PO   Principal Only           0.00000        0.00000%        $3,087,842.26   79548K3 F3
**    A-IO   WAC IO                   0.40481        0.39115%       $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: 12/26/2000

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------
                                     Non
                 Interest         Supported       Interest      Interest        Principal
   CLASS         Accrued          Shortfall      Shortfall     Recoveries       Recoveries      Interest Paid

-----------------------------------------------------------------------------------------------------------------
<S>        <C>               <C>              <C>           <C>             <C>             <C>
         A1       $405,864.98            $0.00         $0.00           $0.00           $0.00          $405,864.98
         A2       $100,236.14            $0.00         $0.00           $0.00           $0.00          $100,236.14
       A-PO             $0.00            $0.00         $0.00           $0.00           $0.00                $0.00
       A-IO        $24,236.54            $0.00         $0.00           $0.00           $0.00           $24,236.54
             ----------------------------------------------------------------------------------------------------
A Total           $530,337.66            $0.00         $0.00           $0.00           $0.00          $530,337.66


        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         $4,506.41            $0.00         $0.00           $0.00           $0.00            $4,506.41
         B2         $1,502.14            $0.00         $0.00           $0.00           $0.00            $1,502.14
         B3         $1,502.14            $0.00         $0.00           $0.00           $0.00            $1,502.14
         B4         $2,406.34            $0.00         $0.00           $0.00           $0.00            $2,406.34
         B5           $896.91            $0.00         $0.00           $0.00           $0.00              $896.91
         B6         $1,208.33            $0.00         $0.00           $0.00           $0.00            $1,208.33
             ----------------------------------------------------------------------------------------------------
SUB Total          $12,022.27            $0.00         $0.00           $0.00           $0.00           $12,022.27


             ====================================================================================================
 Total            $542,359.93            $0.00         $0.00           $0.00           $0.00          $542,359.93


</TABLE>
 <TABLE>
 <CAPTION>

    ---------------------------------------------------------------------------
                    Interest            Cum Unpaid           Relief Act
                    Paid Per             Interest             Interest
     CLASS        Certificate           Shortfalls           Shortfalls
    ---------------------------------------------------------------------------
<S>           <C>               <C>                   <C>
            A1        5.22636922                 $0.00                 $0.00
            A2        1.29075210                 $0.00                 $0.00
          A-PO        0.00000000                 $0.00                 $0.00
          A-IO        0.29415523                 $0.00                 $0.00
                                         --------------------------------------
       A Total                                   $0.00                 $0.00

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

            B1        7.29192557                 $0.00                 $0.00
            B2        7.29194175                 $0.00                 $0.00
            B3        7.29194175                 $0.00                 $0.00
            B4        7.29193939                 $0.00                 $0.00
            B5        7.29195122                 $0.00                 $0.00
            B6        7.29190774                 $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
                            Series Name:  SBM7 2000-01
                              Payment Date: 12/26/2000

<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       $1,155,214.61                $0.00     $1,155,214.61      14.87582909            0.00
                  A2                $.00                $0.00              $.00       0.00000000            0.00
                A-PO          $47,074.48                $0.00        $47,074.48      15.24510517            0.00
                A-IO                $.00                $0.00              $.00       0.00000000            0.00
                      -------------------------------------------------------------------------------------------------------------
             A Total       $1,202,289.09                $0.00     $1,202,289.09                             0.00

                  B1           $2,238.48                $0.00         $2,238.48       3.62213592            0.00
                  B2             $746.16                $0.00           $746.16       3.62213592            0.00
                  B3             $746.16                $0.00           $746.16       3.62213592            0.00
                  B4           $1,195.31                $0.00         $1,195.31       3.62215152            0.00
                  B5             $445.52                $0.00           $445.52       3.62211382            0.00
                  B6             $600.22                $0.00           $600.22       3.62214698            0.00
                      -------------------------------------------------------------------------------------------------------------
           SUB Total           $5,971.85                $0.00         $5,971.85                             0.00

                      =============================================================================================================
          Total            $1,208,260.94                $0.00     $1,208,260.94                             0.00
                      Aggr. Scheduled Principal Payments:           $270,629.68
                            Aggr.  Principal Prepayments:           $937,631.26

 </TABLE>

                                     CitiMortgage, Inc.
                      Distribution Date Statement to Certificateholders
                               Remic Pass-Through Certificate
                                 Series Name: SBM7 2000-01
                                  Payment Date: 12/26/2000

<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           $67,480,148.83         $66,324,934.22        854.07367367        0.85407367         97.6487746947 %
              ** A2           $67,480,148.83         $66,324,934.22        854.07367367        0.85407367          0.0000000000 %
               A-PO            $2,763,240.38          $2,716,165.90        879.63233588        0.87963234          0.0000000000 %
            ** A-IO           $71,846,358.71         $70,638,097.77        857.32392632        0.85732393          0.0000000000 %
                    ---------------------------------------------------------------------------------------------------------------
            A Total           $70,243,389.21         $69,041,100.12                                               97.6487746947 %

                 B1              $600,855.32            $598,616.84        968.63566343        0.96863566          0.8813307035 %
                 B2              $200,285.10            $199,538.94        968.63563107        0.96863563          0.2937768914 %
                 B3              $200,285.10            $199,538.94        968.63563107        0.96863563          0.2937768914 %
                 B4              $320,845.06            $319,649.75        968.63560606        0.96863561          0.4706134546 %
                 B5              $119,587.69            $119,142.17        968.63552846        0.96863553          0.1754104554 %
                 B6              $161,111.23            $160,511.01        968.63561794        0.96863562          0.2363169091 %
                    ---------------------------------------------------------------------------------------------------------------
          SUB Total            $1,602,969.50          $1,596,997.65                                                2.3512253053 %

                    ===============================================================================================================
              Total           $71,846,358.71         $70,638,097.77                                              100.0000000000 %

         PO Balance            $2,763,240.38          $2,716,165.90
     Non PO Balance           $69,083,118.33         $67,921,931.87
** 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     $67,480,148.83        $66,324,934.22     868.94950276         97.6796509209%      100.0000000000 %
             ** A2     $67,480,148.83        $66,324,934.22     868.94950276          0.0000000000%        0.0000000000 %
              A-PO      $2,763,240.38         $2,716,165.90     894.87744105          0.0000000000%        0.0000000000 %
           ** A-IO     $71,846,358.71        $70,638,097.77     871.98840691          0.0000000000%        0.0000000000 %
                   ----------------------------------------------------------------------------------------------------------------
     Class A Total     $70,243,389.21        $69,041,100.12                          97.6796509209%      100.0000000000 %

                B1        $600,855.32           $598,616.84     972.25779935          0.8697570905%        0.0000000000 %
                B2        $200,285.10           $199,538.94     972.25776699          0.2899190205%        0.0000000000 %
                B3        $200,285.10           $199,538.94     972.25776699          0.2899190205%        0.0000000000 %
                B4        $320,845.06           $319,649.75     972.25775758          0.4644333779%        0.0000000000 %
                B5        $119,587.69           $119,142.17     972.25764228          0.1731069658%        0.0000000000 %
                B6        $161,111.23           $160,511.01     972.25776492          0.2332136040%        0.0000000000 %
                   ----------------------------------------------------------------------------------------------------------------
   Class SUB Total      $1,602,969.50         $1,596,997.65                           2.3203490791%        0.0000000000 %

                   ================================================================================================================
             Total     $71,846,358.71        $70,638,097.77                         100.0000000000%      100.0000000000 %

        PO Balance      $2,763,240.38         $2,716,165.90
    Non PO Balance     $69,083,118.33        $67,921,931.87
** Denotes Notional Balance
</TABLE>

                            CitiMortgage, Inc.
           Distribution Date Statement to Certificateholders
                      Remic Pass-Through Certificate
                         Series Name: SBM7 2000-01
                          Payment Date: 12/26/2000


Print Date: 12/27/2000

P & I Advances
--------------
  Voluntary Advances                                     $0.00
  Trustee Advances                                       $0.00
  Advance Account Advances                               $0.00
  Certificate Account Advances                     $158,730.89

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

                                    Withdrawals
     Remittances      Residual      and (Deposits)  P&I Distributed
     ---------------- ------------- --------------- ---------------
        $1,752,491.86         $0.00      $1,870.99    $1,750,620.87

Stated Collateral Information
-----------------------------
Service Fees                        $9,772.71
Begin Balance                  $71,846,358.71
Aggregate Adj Balance          $70,638,097.77


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       $748.39         $0.00
  Trustee Fee                    No     $1,122.60         $0.00

  COLLATERAL INFORMATION:

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

WAC -  SCHED BEG BAL                      9.35%           9.34%
WAC -  SCHED END BAL                                      9.34%
WAC - ACTUAL END BAL                                      9.34%
WAM                                         209             210
AVG LTV
AVG LOAN SIZE                          $181,484        $173,558
# OF LOANS                                  454             407
ACTUAL AGGERGATE                 $82,393,708.61  $70,858,468.15
PRINCIPAL BALANCE                $82,393,708.61  $70,638,097.77


<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     9  2.21%   $2,093,339.25  2.96%  $2,101,883.07   2.98%
                         60 + Days     3  0.74%     $748,217.97  1.06%    $756,030.54   1.07%
                     (2) 90 + Days     1  0.25%     $293,475.62  0.42%    $294,869.62   0.42%
    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     4  0.98%     $905,946.61  1.28%    $907,582.60   1.28%
          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 Certificateholders
                         Remic Pass-Through Certificate
                           Series Name: SBM7 2000-01
                            Payment Date: 12/26/2000


               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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