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Previous: OMI TRUST 2000 A, 8-K, 2000-08-18 |
Next: PAINEWEBBER EQUITY TRUST ABC SERIES 6, S-6/A, 2000-08-18 |
<TABLE>
<CAPTION>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-A
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Jul-00
Scheduled Principal Balance of Contracts
------------------------------------------------------------------------------------------------------
Beginning Ending Scheduled
Principal Scheduled Prepaid Liquidated Contracts Principal Gross Servicing
Balance Principal Principal Principal Repurchased Balance Interest Fee
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
318,088,741.15 (300,726.61) (1,127,834.02) (125,026.03) 0.00 316,535,154.49 2,665,526.21 265,073.95
====================================================================================================================================
<CAPTION>
Scheduled Amount
Pass Thru Liquidation Reserve Available for Limited Total
Interest Proceeds Fund Draw Distribution Guarantee Distribution
-------------------------------------------------------------------------------------------------------------------------------
<C> <C> <C> <C> <C> <C>
2,400,452.26 80,042.68 0.00 4,174,129.52 0.00 4,174,129.52
===============================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
Certificate Account
------------------------------------------------------------------------------------------------------------------------------------
Beginning Deposits Investment Ending
Balance Principal Interest Distributions Interest Balance
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1,542,286.20 1,533,752.55 2,760,903.83 (4,639,777.99) 5,744.83 1,202,909.42
====================================================================================================================================
<CAPTION>
----------------------------------------------------------------------------------
Beginning Recovered Current Ending
Balance Advances Advances Balance
----------------------------------------------------------------------------------
<S> <C> <C> <C>
1,344,619.99 -1,305,332.26 1,391,465.67 1,430,753.40
==================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-A
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: July-00
Class B Crossover Test
------------------------------------------------------------------------
<S> <C> <C>
(a) Remittance date on or after October 2004
(b) Average 60 day Delinquency rate <= 5.5%
(d) Cumulative losses do not exceed the following
percent of the intitial principal balance of all Certificates
Oct. 2004 - Mar. 2006 7%
April 2006 - Mar. 2007 8%
April 2007 - Sept. 2008 9.5%
Oct. 2008 and After 10.5%
(e) Current realized loss ratio <= 3.00%
(f) Does subordinated cert. percentage equal or
exceed 41.618%
of stated scheduled pool balance
Beginning M balances 32,844,000.00
Beginning B balances 32,023,000.00
Overcollateralization 11,495,849.57
--------------------
76,362,849.57
Divided by beginning pool
balance 318,088,741.15
--------------------
24.007%
====================
<CAPTION>
Test Met? Average 60 day delinquency ratio:
---------------
<S> <C> <C> <C>
N Over 60s Pool Balance %
------------------------------------------------------------
Y Current Mo 7,355,847.61 316,535,154.49 2.32%
1st Preceding Mo 4,112,142.61 318,088,741.15 1.29%
2nd Preceding Mo 2,207,090.39 320,037,228.91 0.69%
Divided by 3
------------------
1.44%
==================
N
N
N
N
Y
Cumulative loss ratio:
Cumulative losses 65,444.53
-----------------------
Divided by Initial Certificate Principal 328,440,849.57 0.020%
==================
Current realized loss ratio:
N Liquidation Pool
Losses Balance
------------------------------------------
Current Mo 44,983.35 318,088,741.15
1st Preceding Mo 20,461.18 320,037,228.91
2nd Preceding Mo 0.00 322,919,398.73
------------------------------------------
65,444.53 320,348,456.26
0.082%
==================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-A
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Jul-00
Delinquency Analysis
31 to 59 days 60 to 89 days 90 days and Over Total Delinq.
No. of Principal Principal Principal Principal Principal
Loans Balance # Balance # Balance # Balance # Balance
---------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Excluding Repos 6,315 313,999,648.82 198 7,443,262.85 61 2,138,482.63 57 2,830,508.32 316 12,412,253.80
Repos 74 2,535,505.67 4 148,649.01 14 478,808.09 56 1,908,048.57 74 2,535,505.67
---------------------------------------------------------------------------------------------------------------------
Total 6,389 316,535,154.49 202 7,591,911.86 75 2,617,290.72 113 4,738,556.89 390 14,947,759.47
=====================================================================================================================
6.1% 4.72%
==========================
<CAPTION>
Repossession Analysis
Active Repos Reversal Current Month
Outstanding (Redemption) Repos Cumulative Repos
Principal Principal Principal Principal
# Balance # Balance # Balance # Balance
-------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Excluding Repos 74 2,535,505.67 0 0.00 47 1,516,378.15 79 2,695,668.22
Repos
Total
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-A
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Jul-00
REPOSSESSION LIQUIDATION REPORT
Liquidated
Account Customer Principal Sales Insur. Total Repossession
Number Name Balance Proceeds Refunds Proceeds Expenses
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
2127363 EDWARD C LEE 18,814.06 18,900.00 0.00 18,900.00 6,417.00
2115020 CHRISTOPHER A HARRIS 60,228.56 39,000.00 342.00 39,342.00 2,450.00
2123958 CHRISTOPHER J DEVERS 23,627.47 24,900.00 211.33 25,111.33 6,597.00
2133569 ROGER E ELLER 22,355.94 24,900.00 1,090.50 25,990.50 6,597.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00
------------------------------------------------------------------------------------
125,026.03 107,700.00 1,643.83 109,343.83 22,061.00
====================================================================================
<CAPTION>
Net Net Current
Account Liquidation Unrecov. FHA Insurance Pass Thru Period Net Cumulative
Number Proceeds Advances Coverage Proceeds Gain/(Loss) Gain/(Loss)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
2127363 12,483.00 1,203.20 0.00 11,279.80 (7,534.26)
2115020 36,892.00 3,321.88 0.00 33,570.12 (26,658.44)
2123958 18,514.33 1,501.54 0.00 17,012.79 (6,614.68)
2133569 19,393.50 1,213.53 0.00 18,179.97 (4,175.97)
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00
------------------------------------------------------------------------------------------------
87,282.83 7,240.15 0.00 80,042.68 (44,983.35) (65,444.53)
==================================================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-A
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: Jul-00
CERTIFICATE PRINCIPAL ANALYSIS
PRINCIPAL
Beginning Beginning
Senior Original Certificate Certificate Principal Shortfall Current Principal Current
Certificates Balance Balance Carry-Over Due Principal Paid
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A-1 65,000,000.00 53,006,107.17 0.00 1,553,586.66 1,553,586.66
A-2 23,000,000.00 23,000,000.00 0.00 0.00 0.00
A-3 14,000,000.00 14,000,000.00 0.00 0.00 0.00
A-4 25,000,000.00 25,000,000.00 0.00 0.00 0.00
A-5 125,078,000.00 125,078,000.00 0.00 0.00 0.00
-----------------------------------------------------------------------------------------------------
Total Certificate Principal
Bal. 252,078,000.00 240,084,107.17 0.00 1,553,586.66 1,553,586.66
=====================================================================================================
<CAPTION>
Ending Principal Principal Ending Principal Paid
Senior Shortfall Carry- Distribution Certificate Per $1,000
Certificates Over Amount Balance Pool Factor Denomination
------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A-1 0.00 0.00 51,452,520.51 79.15772% 23.90133
A-2 0.00 0.00 23,000,000.00 100.00000% 0.00000
A-3 0.00 0.00 14,000,000.00 100.00000% 0.00000
A-4 0.00 0.00 25,000,000.00 100.00000% 0.00000
A-5 0.00 0.00 125,078,000.00 100.00000% 0.00000
--------------------------------------------------------
Total Certificate Principal
Bal. 0.00 0.00 238,530,520.51
========================================================
</TABLE>
<TABLE>
<CAPTION>
Beginning Beginning
Subordinate Original Certificate Certificate Principal Shortfall Current Principal Current
Certificates Balance Balance Carry-Over Due Principal Paid
-----------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
M-1 20,527,000.00 20,527,000.00 0.00 0.00 0.00
M-1 Outstanding Writedown 0.00
M-2 12,317,000.00 12,317,000.00 0.00 0.00 0.00
M-2 Outstanding Writedown 0.00
B-1 13,138,000.00 13,138,000.00 0.00 0.00 0.00
B-1 Outstanding Writedown 0.00
B-2 18,885,000.00 18,885,000.00 0.00 0.00 0.00
B-2 Outstanding Writedown 0.00
Excess Asset Principal Balance 11,495,849.57 13,137,633.98
-----------------------------------------------------------------------------------------------------
Total Excluding Writedown
Balances 76,362,849.57 78,004,633.98 0.00 (0.00) (0.00)
=====================================================================================================
All Certificates Excluding
Writedown Balances 328,440,849.57 318,088,741.15 0.00 1,553,586.66 1,553,586.66
=====================================================================================================
<CAPTION>
Accelerated
Ending Principal Current Principal Ending Principal Paid
Subordinate Shortfall Carry- Writedown/ Distribution Certificate Per $1,000
Certificates Over (Writeup) Amount Balance Pool Factor Denomination
----------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
M-1 0.00 0.00 20,527,000.00 100.00000% 0.00000
M-1 Outstanding Writedown 0.00 0.00
M-2 0.00 0.00 12,317,000.00 100.00000% 0.00000
M-2 Outstanding Writedown 0.00 0.00
B-1 0.00 0.00 13,138,000.00 100.00000% 0.00000
B-1 Outstanding Writedown 0.00 0.00
B-2 0.00 0.00 18,885,000.00 100.00000% (0.00000)
B-2 Outstanding Writedown 0.00 0.00
Excess Asset Principal Balance 0.00 13,137,633.98
-----------------------------------------------------------------------------------------------------
Total Excluding Writedown
Balances 0.00 0.00 0.00 78,004,633.98
======================================================================
All Certificates Excluding
Writedown Balances 0.00 0.00 0.00 316,535,154.49
======================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-A
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MO. MONTH Jul-00
CERTIFICATE INTEREST ANALYSIS
Current
Pass Beginning Carry- Carry-Over Ending
Senior Through Over Priority Current Priority Priority Interest Carry-Over
Certificates Rate Interest Balance Interest Accrual Accrual Paid Balance
-------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
A-1 6.77625% 0.00 309,296.16 0.00 309,296.16 0.00
A-2 7.7650% 0.00 148,829.17 0.00 148,829.17 0.00
A-3 7.9450% 0.00 92,691.67 0.00 92,691.67 0.00
A-4 8.1500% 0.00 169,791.67 0.00 169,791.67 0.00
A-5 8.1600% 0.00 850,530.40 0.00 850,530.40 0.00
------------------------------------------------------------------------------------------------------
Total 0.00 1,571,139.07 0.00 1,571,139.07 0.00
======================================================================================================
<CAPTION>
Interest
Paid Per
Senior 1000 Total Class
Certificates Denomination Distribution
-------------------------------------------
<S> <C> <C>
A-1 4.75840 1,862,882.82
A-2 6.47083 148,829.17
A-3 6.62083 92,691.67
A-4 6.79167 169,791.67
A-5 6.80000 850,530.40
----------------------
Total 3,124,725.73
======================
</TABLE>
<TABLE>
<CAPTION>
Current Ending
Pass Beginning Carry- Carry-Over Carry-Over
Subordinate Through Over Priority Current Priority Priority Interest Priority Interest Priority Interest
Certificates Rate Interest Balance Interest Accured Accured Paid Balance
-------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
M-1 8.3000% 0.00 141,978.42 0.00 141,978.42 0.00
M-2 8.2500% 0.00 84,679.38 0.00 84,679.38 0.00
B-1 8.2500% 0.00 90,323.75 0.00 90,323.75 0.00
B-2 8.0000% 0.00 125,900.00 0.00 125,900.00 0.00
X 1,662,245.59 386,431.64 0.00 341,448.29 1,707,228.94
R 0.00 0.00 0.00 0.00 0.00
Service Fee 1.0000% 0.00 265,073.95 0.00 265,073.95 0.00
-------------------------------------------------------------------------------------------------------
Total 1,662,245.59 1,094,387.14 0.00 1,049,403.79 1,707,228.94
=======================================================================================================
All Certificates 1,662,245.59 2,665,526.21 0.00 2,620,542.86 1,707,228.94
=======================================================================================================
<CAPTION>
Beginning Current Ending Interest
Carry-Over Current Carry-Over Carry-Over Paid Per
Subordinate Writedown Writedown Writedown Writedown Writedown 1000 Total Class
Certificates Int. Balance Int. Accrued Int. Accrued Interest Paid Int. Balance Denomination Distribution
-------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
M-1 0.00 0.00 0.00 0.00 0.00 6.91667 141,978.42
M-2 0.00 0.00 0.00 0.00 0.00 6.87500 84,679.38
B-1 0.00 0.00 0.00 0.00 0.00 6.87500 90,323.75
B-2 0.00 0.00 0.00 0.00 0.00 6.66667 125,900.00
X 341,448.29
R 0.00
Service Fee 265,073.95
---------------------------------------------------------------------------------- ----------------
Total 0.00 0.00 0.00 0.00 0.00 1,049,403.79
================================================================================== ================
All Certificates 0.00 0.00 0.00 0.00 0.00 4,174,129.52
================================================================================== ================
Cumulative X Interest Shortfall 1,707,228.94
Cumulative Accelerated Prin. Disb. (1,641,784.41)
----------------
65,444.53
================
</TABLE>
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