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Previous: DELTA FUNDING HOME EQUITY LOAN TRUST 2000-1, 8-K, 2000-08-29 |
Next: IASIAWORKS INC, 10-Q, 2000-08-29 |
<TABLE>
<CAPTION>
Delta Funding Corporation
Mortgage Pass-Through Certificates
Record Date: 07/31/2000
Distribution Date: 08/15/2000
DFH Series: 2000-1
Contact: Customer Service - CTSLink
Wells Fargo Bank Minnesota, N.A.
Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703
Telephone: (301) 815-6600
Fax: (301) 846-8152
Certificateholder Distribution Summary
Certificate Certificate Beginning
Class Pass-Through Certificate Interest Principal
Class CUSIP Description Rate Balance Distribution Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1F 24763LGB0 SEN SE 7.38000% 49,373,806.11 303,648.91 886,850.51
A-2F 24763LGC8 SEN SE 7.58000% 22,700,000.00 143,388.33 0.00
A-3F 24763LGD6 SEN SE 7.69000% 30,300,000.00 194,172.50 0.00
A-4F 24763LGE4 SEN SE 7.94000% 15,300,000.00 101,235.00 0.00
A-5F 24763LGF1 SEN SE 8.09000% 14,900,000.00 100,450.83 0.00
A-6F 24763LGG9 SEN 7.87000% 10,000,000.00 65,583.33 0.00
IOF 24763LGH7 SEN IO 6.40000% 0.00 309,333.33 0.00
A-1A 24763LGJ3 SEN 6.88625% 63,029,386.60 349,640.20 392,061.10
M-1 24763LGK0 MEZ 8.09000% 16,500,000.00 111,237.50 0.00
M-2 24763LGL8 MEZ 8.09000% 11,375,000.00 76,686.46 0.00
B 24763LGM6 SUB 8.09000% 10,625,000.00 71,630.21 0.00
BIO DFH001BIO SUB IO 0.00000% 0.00 0.00 0.00
P DFH00001P PO 0.00000% 100.00 17,269.91 0.00
R-1 DFH0002R1 RES 0.00000% 0.00 0.00 0.00
R-2 DFH0002R2 RES 0.00000% 0.00 0.00 0.00
R-3 DFH0002R3 RES 0.00000% 0.00 0.00 0.00
Totals 244,103,292.71 1,844,276.51 1,278,911.61
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<S> <C> <C> <C> <C>
A-1F 0.00 48,486,955.60 1,190,499.42 0.00
A-2F 0.00 22,700,000.00 143,388.33 0.00
A-3F 0.00 30,300,000.00 194,172.50 0.00
A-4F 0.00 15,300,000.00 101,235.00 0.00
A-5F 0.00 14,900,000.00 100,450.83 0.00
A-6F 0.00 10,000,000.00 65,583.33 0.00
IOF 0.00 0.00 309,333.33 0.00
A-1A 0.00 62,637,325.49 741,701.30 0.00
M-1 0.00 16,500,000.00 111,237.50 0.00
M-2 0.00 11,375,000.00 76,686.46 0.00
B 0.00 10,625,000.00 71,630.21 0.00
BIO 0.00 0.00 0.00 0.00
P 0.00 100.00 17,269.91 0.00
R-1 0.00 0.00 0.00 0.00
R-2 0.00 0.00 0.00 0.00
R-3 0.00 0.00 0.00 0.00
Totals 0.00 242,824,381.09 3,123,188.12 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<S> <C> <C> <C> <C> <C> <C>
A-1F 53,300,000.00 49,373,806.11 159,982.64 726,867.87 0.00 0.00
A-2F 22,700,000.00 22,700,000.00 0.00 0.00 0.00 0.00
A-3F 30,300,000.00 30,300,000.00 0.00 0.00 0.00 0.00
A-4F 15,300,000.00 15,300,000.00 0.00 0.00 0.00 0.00
A-5F 14,900,000.00 14,900,000.00 0.00 0.00 0.00 0.00
A-6F 10,000,000.00 10,000,000.00 0.00 0.00 0.00 0.00
IOF 0.00 0.00 0.00 0.00 0.00 0.00
A-1A 65,000,000.00 63,029,386.60 26,166.00 365,895.10 0.00 0.00
M-1 16,500,000.00 16,500,000.00 0.00 0.00 0.00 0.00
M-2 11,375,000.00 11,375,000.00 0.00 0.00 0.00 0.00
B 10,625,000.00 10,625,000.00 0.00 0.00 0.00 0.00
BIO 0.00 0.00 0.00 0.00 0.00 0.00
P 100.00 100.00 0.00 0.00 0.00 0.00
R-1 0.00 0.00 0.00 0.00 0.00 0.00
R-2 0.00 0.00 0.00 0.00 0.00 0.00
R-3 0.00 0.00 0.00 0.00 0.00 0.00
Totals 250,000,100.00 244,103,292.71 186,148.64 1,092,762.97 0.00 0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<S> <C> <C> <C> <C>
A-1F 886,850.51 48,486,955.60 0.90969898 886,850.51
A-2F 0.00 22,700,000.00 1.00000000 0.00
A-3F 0.00 30,300,000.00 1.00000000 0.00
A-4F 0.00 15,300,000.00 1.00000000 0.00
A-5F 0.00 14,900,000.00 1.00000000 0.00
A-6F 0.00 10,000,000.00 1.00000000 0.00
IOF 0.00 0.00 0.00000000 0.00
A-1A 392,061.10 62,637,325.49 0.96365116 392,061.10
M-1 0.00 16,500,000.00 1.00000000 0.00
M-2 0.00 11,375,000.00 1.00000000 0.00
B 0.00 10,625,000.00 1.00000000 0.00
BIO 0.00 0.00 0.00000000 0.00
P 0.00 100.00 1.00000000 0.00
R-1 0.00 0.00 0.00000000 0.00
R-2 0.00 0.00 0.00000000 0.00
R-3 0.00 0.00 0.00000000 0.00
Totals 1,278,911.61 242,824,381.09 0.97129714 1,278,911.61
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<S> <C> <C> <C> <C> <C>
A-1F 53,300,000.00 926.33782570 3.00155047 13.63729587 0.00000000
A-2F 22,700,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-3F 30,300,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-4F 15,300,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-5F 14,900,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A-6F 10,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
IOF 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A-1A 65,000,000.00 969.68287077 0.40255385 5.62915538 0.00000000
M-1 16,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-2 11,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B 10,625,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
BIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000
R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000
R-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000
R-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All classes are per 1,000 denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<S> <C> <C> <C> <C> <C>
A-1F 0.00000000 16.63884634 909.69897936 0.90969898 16.63884634
A-2F 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-3F 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-4F 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-5F 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
A-6F 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
IOF 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
A-1A 0.00000000 6.03170923 963.65116138 0.96365116 6.03170923
M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
BIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses
Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class Amount Rate Balance Interest Shortfall Shortfall
<S> <C> <C> <C> <C> <C> <C>
A-1F 53,300,000.00 7.38000% 49,373,806.11 303,648.91 0.00 0.00
A-2F 22,700,000.00 7.58000% 22,700,000.00 143,388.33 0.00 0.00
A-3F 30,300,000.00 7.69000% 30,300,000.00 194,172.50 0.00 0.00
A-4F 15,300,000.00 7.94000% 15,300,000.00 101,235.00 0.00 0.00
A-5F 14,900,000.00 8.09000% 14,900,000.00 100,450.83 0.00 0.00
A-6F 10,000,000.00 7.87000% 10,000,000.00 65,583.33 0.00 0.00
IOF 0.00 6.40000% 58,000,000.00 309,333.33 0.00 0.00
A-1A 65,000,000.00 6.88625% 63,029,386.60 349,640.20 0.00 0.00
M-1 16,500,000.00 8.09000% 16,500,000.00 111,237.50 0.00 0.00
M-2 11,375,000.00 8.09000% 11,375,000.00 76,686.46 0.00 0.00
B 10,625,000.00 8.09000% 10,625,000.00 71,630.21 0.00 0.00
BIO 0.00 0.00000% 0.00 0.00 0.00 0.00
P 100.00 0.00000% 100.00 0.00 0.00 0.00
R-1 0.00 0.00000% 0.00 0.00 0.00 0.00
R-2 0.00 0.00000% 0.00 0.00 0.00 0.00
R-3 0.00 0.00000% 0.00 0.00 0.00 0.00
Totals 250,000,100.00 1,827,006.60 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
A-1F 0.00 0.00 303,648.91 0.00 48,486,955.60
A-2F 0.00 0.00 143,388.33 0.00 22,700,000.00
A-3F 0.00 0.00 194,172.50 0.00 30,300,000.00
A-4F 0.00 0.00 101,235.00 0.00 15,300,000.00
A-5F 0.00 0.00 100,450.83 0.00 14,900,000.00
A-6F 0.00 0.00 65,583.33 0.00 10,000,000.00
IOF 0.00 0.00 309,333.33 0.00 58,000,000.00
A-1A 0.00 0.00 349,640.20 0.00 62,637,325.49
M-1 0.00 0.00 111,237.50 0.00 16,500,000.00
M-2 0.00 0.00 76,686.46 0.00 11,375,000.00
B 0.00 0.00 71,630.21 0.00 10,625,000.00
BIO 0.00 0.00 0.00 0.00 0.00
P 0.00 0.00 17,269.91 0.00 100.00
R-1 0.00 0.00 0.00 0.00 0.00
R-2 0.00 0.00 0.00 0.00 0.00
R-3 0.00 0.00 0.00 0.00 0.00
Totals 0.00 0.00 1,844,276.51 0.00
<FN>
(4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed.
Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement
Beginning Payment of
Original Current Certificate/ Current Unpaid Current
Face Certificate Notional Accrued Interest Interest
Class (5) Amount Rate Balance Interest Shortfall Shortfall
<S> <C> <C> <C> <C> <C> <C>
A-1F 53,300,000.00 7.38000% 926.33782570 5.69697767 0.00000000 0.00000000
A-2F 22,700,000.00 7.58000% 1000.00000000 6.31666652 0.00000000 0.00000000
A-3F 30,300,000.00 7.69000% 1000.00000000 6.40833333 0.00000000 0.00000000
A-4F 15,300,000.00 7.94000% 1000.00000000 6.61666667 0.00000000 0.00000000
A-5F 14,900,000.00 8.09000% 1000.00000000 6.74166644 0.00000000 0.00000000
A-6F 10,000,000.00 7.87000% 1000.00000000 6.55833300 0.00000000 0.00000000
IOF 0.00 6.40000% 950.81967213 5.07103820 0.00000000 0.00000000
A-1A 65,000,000.00 6.88625% 969.68287077 5.37908000 0.00000000 0.00000000
M-1 16,500,000.00 8.09000% 1000.00000000 6.74166667 0.00000000 0.00000000
M-2 11,375,000.00 8.09000% 1000.00000000 6.74166681 0.00000000 0.00000000
B 10,625,000.00 8.09000% 1000.00000000 6.74166682 0.00000000 0.00000000
BIO 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000
R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
R-2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
R-3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(5) All classes are per 1,000 denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
A-1F 0.00000000 0.00000000 5.69697767 0.00000000 909.69897936
A-2F 0.00000000 0.00000000 6.31666652 0.00000000 1000.00000000
A-3F 0.00000000 0.00000000 6.40833333 0.00000000 1000.00000000
A-4F 0.00000000 0.00000000 6.61666667 0.00000000 1000.00000000
A-5F 0.00000000 0.00000000 6.74166644 0.00000000 1000.00000000
A-6F 0.00000000 0.00000000 6.55833300 0.00000000 1000.00000000
IOF 0.00000000 0.00000000 5.07103820 0.00000000 950.81967213
A-1A 0.00000000 0.00000000 5.37908000 0.00000000 963.65116138
M-1 0.00000000 0.00000000 6.74166667 0.00000000 1000.00000000
M-2 0.00000000 0.00000000 6.74166681 0.00000000 1000.00000000
B 0.00000000 0.00000000 6.74166682 0.00000000 1000.00000000
BIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00000000 0.00000000 172699.10000000 0.00000000 1000.00000000
R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless
Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Component Statement
Component Beginning Ending Beginning Ending Ending
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<S> <C> <C> <C> <C> <C> <C>
OC 0.00000% 0.00 0.00 796,538.07 1,058,504.52 10,585,045,200.00
FSA 0.08000% 205,603,192.71 204,324,281.09 0.00 0.00 96.60722510%
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 2,337,511.60
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 917,614.89
Realized Losses (12,866.85)
Total Deposits 3,242,259.64
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 119,071.52
Payment of Interest and Principal 3,123,188.12
Total Withdrawals (Pool Distribution Amount) 3,242,259.64
Ending Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 1,779.03
Servicing Fee Support 1,779.03
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 102,041.55
Trustee Fee - Wells Fargo Bank, N.A.. 5,102.08
Supported Prepayment/Curtailment Interest Shortfall 1,779.03
Net Servicing Fee 105,364.60
</TABLE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
Reserve Fund 10,000.00 0.00 0.00 10,000.00
Reserve Fund 10,000.00 0.00 0.00 10,000.00
</TABLE>
<TABLE>
<CAPTION> CERTIFICATEHOLDER DELINQUENCY/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<S> <C> <C> <C> <C> <C>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
30 Days 158 16 28 0 202
10,736,804.43 1,131,135.38 2,334,846.75 0.00 14,202,786.56
60 Days 57 0 0 0 57
3,719,415.04 0.00 0.00 0.00 3,719,415.04
90 Days 47 0 0 0 47
3,277,474.51 0.00 0.00 0.00 3,277,474.51
120 Days 5 0 0 0 5
248,965.71 0.00 0.00 0.00 248,965.71
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 267 16 28 0 311
17,982,659.69 1,131,135.38 2,334,846.75 0.00 21,448,641.82
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
30 Days 4.869029% 0.493066% 0.862866% 0.000000% 6.224961%
4.400985% 0.463649% 0.957047% 0.000000% 5.821681%
60 Days 1.756549% 0.000000% 0.000000% 0.000000% 1.756549%
1.524577% 0.000000% 0.000000% 0.000000% 1.524577%
90 Days 1.448382% 0.000000% 0.000000% 0.000000% 1.448382%
1.343427% 0.000000% 0.000000% 0.000000% 1.343427%
120 Days 0.154083% 0.000000% 0.000000% 0.000000% 0.154083%
0.102050% 0.000000% 0.000000% 0.000000% 0.102050%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 8.228043% 0.493066% 0.862866% 0.000000% 9.583975%
7.371040% 0.463649% 0.957047% 0.000000% 8.791736%
</TABLE>
<TABLE> Delinquency Status By Groups
<CAPTION>
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<S> <C> <C> <C> <C> <C>
Group 1 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
30 Days 109 10 18 0 137
7,541,070.72 722,808.90 1,400,014.77 0.00 9,663,894.39
60 Days 37 0 0 0 37
2,271,475.42 0.00 0.00 0.00 2,271,475.42
90 Days 30 0 0 0 30
2,372,727.90 0.00 0.00 0.00 2,372,727.90
120 Days 4 0 0 0 4
125,705.63 0.00 0.00 0.00 125,705.63
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 180 10 18 0 208
12,310,979.67 722,808.90 1,400,014.77 0.00 14,433,803.34
30 Days 4.432696% 0.406669% 0.732005% 0.000000% 5.571370%
4.169491% 0.399644% 0.774074% 0.000000% 5.343209%
60 Days 1.504677% 0.000000% 0.000000% 0.000000% 1.504677%
1.255909% 0.000000% 0.000000% 0.000000% 1.255909%
90 Days 1.220008% 0.000000% 0.000000% 0.000000% 1.220008%
1.311892% 0.000000% 0.000000% 0.000000% 1.311892%
120 Days 0.162668% 0.000000% 0.000000% 0.000000% 0.162668%
0.069503% 0.000000% 0.000000% 0.000000% 0.069503%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 7.320049% 0.406669% 0.732005% 0.000000% 8.458723%
6.806794% 0.399644% 0.774074% 0.000000% 7.980512%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<S> <C> <C> <C> <C> <C>
Group 2 No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
30 Days 49 6 10 0 65
3,195,733.71 408,326.48 934,831.98 0.00 4,538,892.17
60 Days 20 0 0 0 20
1,447,939.62 0.00 0.00 0.00 1,447,939.62
90 Days 17 0 0 0 17
904,746.61 0.00 0.00 0.00 904,746.61
120 Days 1 0 0 0 1
123,260.08 0.00 0.00 0.00 123,260.08
150 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
180 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
Totals 87 6 10 0 103
5,671,680.02 408,326.48 934,831.98 0.00 7,014,838.48
30 Days 6.234097% 0.763359% 1.272265% 0.000000% 8.269720%
5.064510% 0.647104% 1.481496% 0.000000% 7.193110%
60 Days 2.544529% 0.000000% 0.000000% 0.000000% 2.544529%
2.294654% 0.000000% 0.000000% 0.000000% 2.294654%
90 Days 2.162850% 0.000000% 0.000000% 0.000000% 2.162850%
1.433817% 0.000000% 0.000000% 0.000000% 1.433817%
120 Days 0.127226% 0.000000% 0.000000% 0.000000% 0.127226%
0.195339% 0.000000% 0.000000% 0.000000% 0.195339%
150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
Totals 11.068702% 0.763359% 1.272265% 0.000000% 13.104326%
8.988321% 0.647104% 1.481496% 0.000000% 11.116921%
<FN>
(7) Delinquencies are stratified according to the information the Servicer has provided. The 120 day field includes loans
120 or more days delinquent. All REO and Bankruptcy loans are reported in the 30 day delinquency field.
Current Period Realized Loss - Includes Interest Shortfall 0.00 Principal Balance of Contaminated Properties 0.00
Cummulative Realized Losses - Includes Interest Shortfall 12,866.85 Periodic Advance 917,614.89
Current Period Class A Insufficient Funds 0.00
</FN>
</TABLE>
<TABLE>
<CAPTION>
OTHER INFORMATION
<S> <C>
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 12,866.85
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 917,614.89
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 10.891104%
Weighted Average Net Coupon 10.391104%
Weighted Average Pass-Through Rate 10.366104%
Weighted Average Maturity(Stepdown Calculation ) 355
Beginning Scheduled Collateral Loan Count 3,260
Number Of Loans Paid In Full 15
Ending Scheduled Collateral Loan Count 3,245
Beginning Scheduled Collateral Balance 244,899,730.78
Ending Scheduled Collateral Balance 243,882,785.61
Ending Actual Collateral Balance at 31-Jul-2000 243,963,668.06
Monthly P &I Constant 2,408,839.06
Ending Scheduled Balance for Premium Loans 243,882,785.61
Scheduled Principal 186,148.64
Unscheduled Principal 830,796.53
Required Overcollateralization Amount 0.00
Overcollateralized Increase Amount 274,833.30
Overcollateralized reduction Amount 0.00
Specified O/C Amount 4,625,000.00
Overcollateralized Amount 1,058,404.52
Overcollateralized Deficiency Amount 3,828,561.93
Base Overcollateralized Amount 0.00
Extra principal distribution Amount 274,833.30
Excess Cash Amount 274,833.30
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
Interest Advance Recoveries 863,969.35
Servicing Advance Recoveries 16,624.89
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<S> <C>
Group ID 1 2 Total
Collateral Description Mixed Fixed Mixed ARM
Weighted Average Coupon Rate 10.956303 10.703875
Weighted Average Net Rate 10.431303 10.178875
Weighted Average Maturity 355.00 355.00
Record Date 07/31/2000 07/31/2000
Principal And Interest Constant 1,818,451.61 590,387.45 2,408,839.06
Beginning Loan Count 2,470 790 3,260
Loans Paid In Full 11 4 15
Ending Loan Count 2,459 786 3,245
Beginning Scheduled Balance 181,645,465.08 63,254,265.70 244,899,730.78
Ending scheduled Balance 180,798,198.07 63,084,587.54 243,882,785.61
Scheduled Principal 159,982.64 26,166.00 186,148.64
Unscheduled Principal 687,284.37 143,512.16 830,796.53
Scheduled Interest 1,658,468.97 564,221.45 2,222,690.42
Servicing Fees 75,685.61 26,355.94 102,041.55
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 3,784.28 1,317.80 5,102.08
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00
Spread Fee 1 0.00 0.00 0.00
Spread Fee 2 0.00 0.00 0.00
Spread Fee 3 0.00 0.00 0.00
Net Interest 1,578,999.08 536,547.71 2,115,546.79
Realized Loss Amount 12,866.85 0.00 12,866.85
Cumulative Realized Loss 12,866.85 0.00 12,866.85
Percentage of Cumulative Losses 0.00 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
Group Miscellaneous Reporting Items
1 Group F Curtailments 22,956.87
2 Group A Curtailments 2,131.47
</TABLE>
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