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Previous: DELTA FUNDING HOME EQUITY LOAN TRUST 2000-1, 8-K, 2000-12-28 |
Next: OMI TRUST 2000 A, 10-K, 2000-12-28 |
<TABLE>
<CAPTION>
Delta Funding Corporation
Home Equity Loan Asset-Backed Certificates
Record Date: 11/30/2000
Distribution Date: 12/15/2000
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 SEQ 7.38000% 43,534,621.09 267,737.92 1,718,607.86
A-2F 24763LGC8 SEN SEQ 7.58000% 22,700,000.00 143,388.33 0.00
A-3F 24763LGD6 SEN SEQ 7.69000% 30,300,000.00 194,172.50 0.00
A-4F 24763LGE4 SEN SEQ 7.94000% 15,300,000.00 101,235.00 0.00
A-5F 24763LGF1 SEN SEQ 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% 0.00 290,666.67 0.00
A-1A 24763LGJ3 SEN 6.88000% 60,447,985.00 346,568.45 759,766.49
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 57,687.31 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 235,682,706.09 1,827,044.51 2,478,374.35
</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 41,816,013.22 1,986,345.78 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 0.00 290,666.67 0.00
A-1A 0.00 59,688,218.52 1,106,334.94 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 57,687.31 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 0.00 233,204,331.74 4,305,418.86 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 43,534,621.09 163,223.74 1,555,384.12 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 60,447,985.00 27,304.24 732,462.25 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 250,000,100.00 235,682,706.09 190,527.98 2,287,846.37 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 1,718,607.86 41,816,013.22 0.78454059 1,718,607.86
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 759,766.49 59,688,218.52 0.91828028 759,766.49
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 2,478,374.35 233,204,331.74 0.93281695 2,478,374.35
</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 53,300,000.00 816.78463583 3.06235910 29.18169081 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 65,000,000.00 929.96900000 0.42006523 11.26865000 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 32.24404991 784.54058574 0.78454059 32.24404991
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 11.68871523 918.28028492 0.91828028 11.68871523
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% 43,534,621.09 267,737.92 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% 54,500,000.00 290,666.67 0.00 0.00
A-1A 65,000,000.00 6.88000% 60,447,985.00 346,568.45 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 1,769,357.20 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement (continued)
Payment of 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 0.00 267,737.92 0.00 41,816,013.22
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 0.00 290,666.67 0.00 48,000,000.00
A-1A 0.00 0.00 346,568.45 0.00 59,688,218.52
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 57,687.31 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 1,827,044.51 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% 816.78463583 5.02322552 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% 893.44262295 4.76502738 0.00000000 0.00000000
A-1A 65,000,000.00 6.88000% 929.96900000 5.33182231 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 5.02322552 0.00000000 784.54058574
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 4.76502738 0.00000000 786.88524590
A-1A 0.00000000 0.00000000 5.33182231 0.00000000 918.28028492
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 76873.10000000 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 1,818,354.38 2,093,257.78 2,577,800.00000000%
FSA 0.08000% 197,182,606.09 194,704,231.74 0.00 0.00 92.05873841%
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 4,012,787.14
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 396,871.01
Realized Losses 9,732.70
Total Deposits 4,419,390.85
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 113,971.99
Payment of Interest and Principal 4,305,418.86
Total Withdrawals (Pool Distribution Amount) 4,419,390.85
Ending Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 3,080.24
Servicing Fee Support 3,080.24
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 98,958.78
Trustee Fee - Wells Fargo Bank, N.A.. 4,947.94
Supported Prepayment/Curtailment Interest Shortfall 3,080.24
Net Servicing Fee 100,826.48
</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>
LOAN STATUS STRATIFICATION/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
0-29 Days 13 0 0 13
1,061,498.42 0.00 0.00 1,061,498.42
30 Days 217 10 0 0 227
16,511,875.93 589,381.61 0.00 0.00 17,101,257.54
60 Days 91 4 0 0 95
6,014,141.45 325,591.04 0.00 0.00 6,339,732.49
90 Days 49 1 0 0 50
3,748,096.59 115,923.47 0.00 0.00 3,864,020.06
120 Days 15 7 104 1 127
1,021,518.44 363,414.91 7,471,819.48 32,404.73 8,889,157.56
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 372 35 104 1 512
27,295,632.41 2,455,809.45 7,471,819.48 32,404.73 37,255,666.07
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
0-29 Days 0.416800% 0.000000% 0.000000% 0.416800%
0.450876% 0.000000% 0.000000% 0.450876%
30 Days 6.957358% 0.320616% 0.000000% 0.000000% 7.277974%
7.013486% 0.250342% 0.000000% 0.000000% 7.263828%
60 Days 2.917602% 0.128246% 0.000000% 0.000000% 3.045848%
2.554531% 0.138296% 0.000000% 0.000000% 2.692827%
90 Days 1.571016% 0.032062% 0.000000% 0.000000% 1.603078%
1.592019% 0.049239% 0.000000% 0.000000% 1.641258%
120 Days 0.480923% 0.224431% 3.334402% 0.032062% 4.071818%
0.433894% 0.154362% 3.173685% 0.013764% 3.775705%
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 11.926900% 1.122155% 3.334402% 0.032062% 16.415518%
11.593930% 1.043115% 3.173685% 0.013764% 15.824494%
<FN>
(7) The 120 Day category for deliquent, bankruptcy, forclosure, and REO contains loans that are 120 days or more deliquent.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Delinquency Status By Groups
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
0-29 Days 10 0 0 10
780,883.96 0.00 0.00 780,883.96
30 Days 143 5 0 0 148
10,442,084.78 320,913.82 0.00 0.00 10,762,998.60
60 Days 63 3 0 0 66
4,000,364.06 227,573.57 0.00 0.00 4,227,937.63
90 Days 37 0 0 0 37
2,802,286.66 0.00 0.00 0.00 2,802,286.66
120 Days 10 3 74 0 87
575,983.40 194,616.43 5,010,401.18 0.00 5,781,001.01
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 253 21 74 0 348
17,820,718.90 1,523,987.78 5,010,401.18 0.00 24,355,107.86
0-29 Days 0.422833% 0.000000% 0.000000% 0.422833%
0.446522% 0.000000% 0.000000% 0.446522%
30 Days 6.046512% 0.211416% 0.000000% 0.000000% 6.257928%
5.970948% 0.183504% 0.000000% 0.000000% 6.154452%
60 Days 2.663848% 0.126850% 0.000000% 0.000000% 2.790698%
2.287471% 0.130130% 0.000000% 0.000000% 2.417601%
90 Days 1.564482% 0.000000% 0.000000% 0.000000% 1.564482%
1.602392% 0.000000% 0.000000% 0.000000% 1.602392%
120 Days 0.422833% 0.126850% 3.128964% 0.000000% 3.678647%
0.329356% 0.111285% 2.865026% 0.000000% 3.305667%
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 10.697674% 0.887949% 3.128964% 0.000000% 14.714588%
10.190167% 0.871440% 2.865026% 0.000000% 13.926633%
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
0-29 Days 3 0 0 3
280,614.46 0.00 0.00 280,614.46
30 Days 74 5 0 0 79
6,069,791.15 268,467.79 0.00 0.00 6,338,258.94
60 Days 28 1 0 0 29
2,013,777.39 98,017.47 0.00 0.00 2,111,794.86
90 Days 12 1 0 0 13
945,809.93 115,923.47 0.00 0.00 1,061,733.40
120 Days 5 4 30 1 40
445,535.04 168,798.48 2,461,418.30 32,404.73 3,108,156.55
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 119 14 30 1 164
9,474,913.51 931,821.67 2,461,418.30 32,404.73 12,900,558.21
0-29 Days 0.397878% 0.000000% 0.000000% 0.397878%
0.463451% 0.000000% 0.000000% 0.463451%
30 Days 9.814324% 0.663130% 0.000000% 0.000000% 10.477454%
10.024617% 0.443390% 0.000000% 0.000000% 10.468008%
60 Days 3.713528% 0.132626% 0.000000% 0.000000% 3.846154%
3.325872% 0.161882% 0.000000% 0.000000% 3.487753%
90 Days 1.591512% 0.132626% 0.000000% 0.000000% 1.724138%
1.562061% 0.191454% 0.000000% 0.000000% 1.753515%
120 Days 0.663130% 0.530504% 3.978780% 0.132626% 5.305040%
0.735827% 0.278781% 4.065177% 0.053518% 5.133303%
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 15.782493% 1.856764% 3.978780% 0.132626% 21.750663%
15.648377% 1.538958% 4.065177% 0.053518% 21.306031%
</TABLE>
<TABLE>
<CAPTION>
OTHER INFORMATION
<S> <C>
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 25,671.19
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 396,871.01
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 10.871093%
Weighted Average Net Coupon 10.371093%
Weighted Average Pass-Through Rate 10.346092%
Weighted Average Maturity (Stepdown Calculation) 351
Beginning Scheduled Collateral Loan Count 3,149
Number Of Loans Paid In Full 30
Ending Scheduled Collateral Loan Count 3,119
Beginning Scheduled Collateral Balance 237,501,060.47
Ending Scheduled Collateral Balance 235,297,589.52
Ending Actual Collateral Balance at 30-Nov-2000 235,430,379.44
Monthly P &I Constant 2,342,108.11
Ending Scheduled Balance for Premium Loans 235,297,589.52
Scheduled Principal 190,527.98
Unscheduled Principal 2,012,942.97
Required Overcollateralization Amount 0.00
Overcollateralized Increase Amount 265,170.71
Overcollateralized reduction Amount 0.00
Specified O/C Amount 4,625,000.00
Overcollateralized Amount 2,093,257.78
Overcollateralized Deficiency Amount 2,796,912.92
Base Overcollateralized Amount 0.00
Extra principal distribution Amount 265,170.71
Excess Cash Amount 265,170.71
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
Interest Advance Recoveries $781,036.57
Servicing Advance Recoveries $36,637.43
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<S> <C>
Group ID 1 2 Total
Collateral Description Mixed Fixed Mixed ARM
Weighted Average Coupon Rate 10.933529 10.691420
Weighted Average Net Rate 10.408529 10.166420
Weighted Average Maturity 351.00 351.00
Record Date 11/30/00 11/30/00
Principal And Interest Constant 1,769,117.48 572,990.63 2,342,108.11
Beginning Loan Count 2,386 763 3,149
Loans Paid In Full 21 9 30
Ending Loan Count 2,365 754 3,119
Beginning Scheduled Balance 176,253,472.86 61,247,587.61 237,501,060.47
Ending scheduled Balance 174,775,569.44 60,522,020.08 235,297,589.52
Scheduled Principal 163,223.74 27,304.24 190,527.98
Unscheduled Principal 1,314,679.68 698,263.29 2,012,942.97
Scheduled Interest 1,605,893.74 545,686.39 2,151,580.13
Servicing Fees 73,438.95 25,519.83 98,958.78
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 3,671.95 1,275.99 4,947.94
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 1,528,782.84 518,890.57 2,047,673.41
Realized Loss Amount (9,732.70) 0.00 (9,732.70)
Cumulative Realized Loss 25,671.19 0.00 25,671.19
Percentage of Cumulative Losses 0.00 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Group Miscellaneous Reporting Items
<S> <C> <C>
1 Group F Curtailments $16,475.90
2 Group A Curtailments $1,671.98
</TABLE>
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