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Previous: DELTA FUNDING HOME EQUITY LOAN TRUST 2000-1, 8-K, 2000-07-28 |
Next: ILLUMINA INC, 424B4, 2000-07-28 |
<TABLE>
<CAPTION>
Delta Funding Corporation
Mortgage Pass-Through Certificates
Record Date: 06/30/2000
Distribution Date: 07/17/2000
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> <C>
A-1F 24763LGB0 SEN SEQ 7.38000% 50,895,163.71 313,005.26 1,521,357.60
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% 0.00 309,333.33 0.00
A-1A 24763LGJ3 SEN 6.91125% 63,701,952.19 391,342.33 672,565.59
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 30,288.44 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 246,297,215.90 1,908,353.52 2,193,923.19
</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 49,373,806.11 1,834,362.86 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 63,029,386.60 1,063,907.92 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 30,288.44 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 0.00 244,103,292.71 4,102,276.71 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 50,895,163.71 158,769.30 1,362,588.30 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 63,701,952.19 26,040.98 646,524.61 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 250,000,100.00 246,297,215.90 184,810.28 2,009,112.91 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 1,521,357.60 49,373,806.11 0.92633783 1,521,357.60
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 672,565.59 63,029,386.60 0.96968287 672,565.59
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 2,193,923.19 244,103,292.71 0.97641278 2,193,923.19
</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 53,300,000.00 954.88112026 2.97878612 25.56450844 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 65,000,000.00 980.03003369 0.40063046 9.94653246 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 28.54329456 926.33782570 0.92633783 28.54329456
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 10.34716292 969.68287077 0.96968287 10.34716292
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% 50,895,163.71 313,005.26 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 6.91125% 63,701,952.19 391,342.33 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 1,878,065.08 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 0.00 313,005.26 0.00 49,373,806.11
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 0.00 391,342.33 0.00 63,029,386.60
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 30,288.44 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 1,908,353.52 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% 954.88112026 5.87251895 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 6.91125% 980.03003369 6.02065123 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 5.87251895 0.00000000 926.33782570
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 6.02065123 0.00000000 969.68287077
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 302884.40000000 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
Class Pass-Through Notional Notional Component Component Component
Percentage Rate Balance Balance Balance Balance
<S> <C> <C> <C> <C> <C>
OC 0.00000% 0.00 0.00 553,695.04 796,538.077,965 380,700.000
FSA 0.08000% 207,797,115.90 205,603,192.71 0.00 0.00 97.21191145%
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 3,261,118.66
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 960,209.58
Realized Losses 0.00
Total Deposits 4,221,328.24
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 119,051.53
Payment of Interest and Principal 4,102,276.71
Total Withdrawals (Pool Distribution Amount) 4,221,328.24
Ending Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 2,798.98
Servicing Fee Support 2,798.98
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 102,854.63
Trustee Fee - Wells Fargo Bank, N.A.. 5,142.71
Supported Prepayment/Curtailment Interest Shortfall 2,798.98
Net Servicing Fee 105,198.36
</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 127 8 0 0 135
8,982,029.21 429,799.37 0.00 0.00 9,411,828.58
60 Days 79 0 0 0 79
5,680,401.91 0.00 0.00 0.00 5,680,401.91
90 Days 29 0 2 0 31
1,982,604.78 0.00 362,500.00 0.00 2,345,104.78
120 Days 2 0 11 0 13
53,989.70 0.00 573,691.27 0.00 627,680.97
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 237 8 13 0 258
16,699,025.60 429,799.37 936,191.27 0.00 18,065,016.24
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 3.895706% 0.245399% 0.000000% 0.000000% 4.141104%
3.666508% 0.175446% 0.000000% 0.000000% 3.841954%
60 Days 2.423313% 0.000000% 0.000000% 0.000000% 2.423313%
2.318767% 0.000000% 0.000000% 0.000000% 2.318767%
90 Days 0.889571% 0.000000% 0.061350% 0.000000% 0.950920%
0.809309% 0.000000% 0.147974% 0.000000% 0.957283%
120 Days 0.061350% 0.000000% 0.337423% 0.000000% 0.398773%
0.022039% 0.000000% 0.234184% 0.000000% 0.256222%
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 7.269939% 0.245399% 0.398773% 0.000000% 7.914110%
6.816623% 0.175446% 0.382158% 0.000000% 7.374227%
</TABLE>
(7)Delinquencies are stratified according to the information the Servicer has
provided. The 120 day field includes loans 120 or more days deliquent.
All REO and Bankruptcy loans are reported in teh 30 day deliquency field.
<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 85 6 0 0 91
5,284,141.85 348,799.37 0.00 0.00 5,632,941.22
60 Days 54 0 0 0 54
4,174,584.82 0.00 0.00 0.00 4,174,584.82
90 Days 19 0 1 0 20
1,094,929.12 0.00 175,000.00 0.00 1,269,929.12
120 Days 1 0 8 0 9
34,223.23 0.00 422,303.37 0.00 456,526.60
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 159 6 9 0 174
10,587,879.02 348,799.37 597,303.37 0.00 11,533,981.76
30 Days 3.441296% 0.242915% 0.000000% 0.000000% 3.684211%
2.908069% 0.191958% 0.000000% 0.000000% 3.100026%
60 Days 2.186235% 0.000000% 0.000000% 0.000000% 2.186235%
2.297436% 0.000000% 0.000000% 0.000000% 2.297436%
90 Days 0.769231% 0.000000% 0.040486% 0.000000% 0.809717%
0.602582% 0.000000% 0.096309% 0.000000% 0.698891%
120 Days 0.040486% 0.000000% 0.323887% 0.000000% 0.364372%
0.018834% 0.000000% 0.232410% 0.000000% 0.251244%
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 6.437247% 0.242915% 0.364372% 0.000000% 7.044534%
5.826921% 0.191958% 0.328719% 0.000000% 6.347598%
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 42 2 0 0 44
3,697,887.36 81,000.00 0.00 0.00 3,778,887.36
60 Days 25 0 0 0 25
1,505,817.09 0.00 0.00 0.00 1,505,817.09
90 Days 10 0 1 0 11
887,675.66 0.00 187,500.00 0.00 1,075,175.66
120 Days 1 0 3 0 4
19,766.47 0.00 151,387.90 0.00 171,154.37
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 78 2 4 0 84
6,111,146.58 81,000.00 338,887.90 0.00 6,531,034.48
30 Days 5.316456% 0.253165% 0.000000% 0.000000% 5.569620%
5.844723% 0.128025% 0.000000% 0.000000% 5.972748%
60 Days 3.164557% 0.000000% 0.000000% 0.000000% 3.164557%
2.380030% 0.000000% 0.000000% 0.000000% 2.380030%
90 Days 1.265823% 0.000000% 0.126582% 0.000000% 1.392405%
1.403022% 0.000000% 0.296355% 0.000000% 1.699377%
120 Days 0.126582% 0.000000% 0.379747% 0.000000% 0.506329%
0.031242% 0.000000% 0.239277% 0.000000% 0.270519%
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 9.873418% 0.253165% 0.506329% 0.000000% 10.632911%
9.659018% 0.128025% 0.535632% 0.000000% 10.322675%
</TABLE>
<TABLE>
<CAPTION>
OTHER INFORMATION
<S> <C>
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 0.00
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 960,209.58
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 10.902578%
Weighted Average Net Coupon 10.402578%
Weighted Average Pass-Through Rate 10.377578%
Weighted Average Maturity(Stepdown Calculation ) 356
Beginning Scheduled Collateral Loan Count 3,284
Number Of Loans Paid In Full 24
Ending Scheduled Collateral Loan Count 3,260
Beginning Scheduled Collateral Balance 246,850,810.94
Ending Scheduled Collateral Balance 244,899,730.78
Ending Actual Collateral Balance at 30-Jun-2000 244,975,055.50
Monthly P &I Constant 2,427,568.86
Ending Scheduled Balance for Premium Loans 244,899,730.78
Scheduled Principal 184,810.28
Unscheduled Principal 1,766,269.88
Required Overcollateralization Amount 0.00
Overcollateralized Increase Amount 242,843.03
Overcollateralized reduction Amount 0.00
Specified O/C Amount 4,625,000.00
Overcollateralized Amount 796,438.07
Overcollateralized Deficiency Amount 4,071,404.96
Base Overcollateralized Amount 0.00
Extra principal distribution Amount 242,843.03
Excess Cash Amount 242,843.03
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
Interest Advance Recoveries 752,283.10
Servicing Advance Recoveries 15,575.18
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<S> <C>
Group ID 1 2 Total
Collateral Description Mixed Fixed Mixed ARM
Weighted Average Coupon Rate 10.968526 10.712974
Weighted Average Net Rate 10.443525 10.187975
Weighted Average Maturity 356.00 356.00
Record Date 06/30/2000 06/30/2000
Principal And Interest Constant 1,832,830.09 594,738.77 2,427,568.86
Beginning Loan Count 2,488 796 3,284
Loans Paid In Full 18 6 24
Ending Loan Count 2,470 790 3,260
Beginning Scheduled Balance 183,148,858.75 63,701,952.19 246,850,810.94
Ending scheduled Balance 181,645,465.08 63,254,265.70 244,899,730.78
Scheduled Principal 158,769.30 26,040.98 184,810.28
Unscheduled Principal 1,344,624.37 421,645.51 1,766,269.88
Scheduled Interest 1,674,060.79 568,697.79 2,242,758.58
Servicing Fees 76,312.12 26,542.51 102,854.63
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 3,815.67 1,327.04 5,142.71
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 1,593,933.00 540,828.24 2,134,761.24
Realized Loss Amount 0.00 0.00 0.00
Cumulative Realized Loss 0.00 0.00 0.00
Percentage of Cumulative Losses 0.00 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
Group Miscellaneous Reporting Items
1 Group F Curtailments 23,675.76
2 Group A Curtailments 2,830.95
</TABLE>
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