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EXHIBIT-20.1
OAKWOOD MORTGAGE INVESTORS, INC. 2000-A
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: May-00
<TABLE>
<CAPTION>
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>
322,919,398.73 (299,605.20) (2,582,564.62) 0.00 0.00 320,037,228.91 2,709,951.60 269,099.50
============================================================================================================================
<CAPTION>
Scheduled Amount
Pass Thru Liquidation Reserve Available for Limited Total
Interest Proceeds Fund Draw Distribution Guarantee Distribution
-----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
2,440,852.10 0.00 0.00 5,592,121.42 0.00 5,592,121.42
=======================================================================================================================
<CAPTION>
Certificate Account
------------------------------------------------------------------------------------------------------------------------------------
Beginning Deposits Investment Ending
Balance Principal Interest Distributions Interest Balance
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
2,307,018.34 2,871,476.69 2,646,282.25 (5,182,870.03) 9,233.90 2,651,141.15
====================================================================================================================================
<CAPTION>
P&I Advances at Distribution Date
--------------------------------------------------------------------------------
Beginning Recovered Current Ending
Balance Advances Advances Balance
--------------------------------------------------------------------------------
<S> <C> <C> <C>
443,883.17 -407,356.01 1,297,213.74 1,333,740.90
================================================================================
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-A
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: May-00
<TABLE>
<CAPTION>
Class B Crossover Test Test Met?
-----------------------------------------------------------------------------------------------
<S> <C> <C> <C>
(a) Remittance date on or after October 2004 N
(b) Average 60 day Delinquency rate <= 5.5% Y
(d) Cumulative losses do not exceed the following
percent of the initial principal balance of all Certificates N
N
Oct. 2004 - Mar. 2006 7% N
April 2006 - Mar. 2007 8% N
April 2007 - Sept. 2008 9.5%
Oct. 2008 and After 10.5%
Y
(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 322,919,398.73
---------------------
23.648% N
=====================
<CAPTION>
Average 60 day delinquency ratio:
<S> <C> <C> <C>
Over 60s Pool Balance %
--------------------------------------------------------
Current Mo 2,207,090.39 320,037,228.91 0.69%
1st Preceding Mo 979,221.82 322,919,398.73 0.30%
2nd Preceding Mo 133,852.33 325,360,029.94 0.04%
Divided by 3
------------------
0.34%
==================
Cumulative loss ratio:
Cumulative losses 0.00
---------------------
Divided by Initial Certificate Principal 328,440,849.57 0.000%
==================
Current realized loss ratio:
Liquidation Pool
Losses Balance
-----------------------------------
Current Mo 0.00 322,919,398.73
1st Preceding Mo 0.00 325,360,029.94
2nd Preceding Mo 0.00 328,440,849.57
-----------------------------------
0.00 325,573,426.08
0.000%
==================
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-A
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: May-00
<TABLE>
<CAPTION>
Delinquency Analysis
31 to 59 days 60 to 89 days 90 days and Over
No. of Principal Principal Principal Principal
Loans Balance # Balance # Balance # Balance
---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Excluding Repos 6,430 319,366,085.36 132 4,932,424.92 38 1,776,853.64 10 430,236.75
Repos 18 671,143.55 2 78,331.80 3 102,285.71 13 490,526.04
---------------------------------------------------------------------------------------------------------
Total 6,448 320,037,228.91 134 5,010,756.72 41 1,879,139.35 23 920,762.79
=========================================================================================================
<CAPTION>
Repossession Analysis
Active Repos Reversal Current Month
Total Delinq. Outstanding (Redemption) Repos Cumulative Repos
Principal Principal Principal Principal Principal
# Balance # Balance # Balance # Balance # Balance
------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Excluding Repos 180 7,139,515.31 18 671,143.55 0 0.00 13 493,770.59 18 671,281.74
Repos 18 671,143.55
----------------------------
Total 198 7,810,658.86
============================
3.1% 2.44%
==============================
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-A
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: May-00
REPOSSESSION LIQUIDATION REPORT
<TABLE>
<CAPTION>
Liquidated Net
Account Customer Principal Sales Insur. Total Repossession Liquidation Unrecov. FHA Insurance
FHA? Number Name Balance Proceeds Refunds Proceeds Expenses Proceeds Advances Coverage
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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 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 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
=======================================================================================================
<CAPTION>
Net Current
Pass Thru Period Net Cumulative
Proceeds Gain/(Loss) Gain/(Loss)
---------------------------------------------------------------
<S> <C> <C>
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
======================================================
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-A
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MONTH: May-00
CERTIFICATE PRINCIPAL ANALYSIS
PRINCIPAL
<TABLE>
<CAPTION>
Beginning Beginning
Senior Original Certificate Certificate Principal Shortfall Current Principal
Certificates Balance Balance Carry-Over Due
------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
A-1 65,000,000.00 58,483,405.33 0.00 2,882,169.82
A-2 23,000,000.00 23,000,000.00 0.00 0.00
A-3 14,000,000.00 14,000,000.00 0.00 0.00
A-4 25,000,000.00 25,000,000.00 0.00 0.00
A-5 125,078,000.00 125,078,000.00 0.00 0.00
--------------------------------------------------------------------------------------
Total Certificate Principal Bal. 252,078,000.00 245,561,405.33 0.00 2,882,169.82
======================================================================================
<CAPTION>
Accelerated
Ending Principal Principal Ending Principal Paid
Senior Current Shortfall Carry- Distribution Certificate Per $1,000
Certificates Principal Paid Over Amount Balance Pool Factor Denomination
------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
A-1 2,882,169.82 0.00 400,095.80 55,201,139.71 84.92483% 50.49639
A-2 0.00 0.00 0.00 23,000,000.00 100.00000% 0.00000
A-3 0.00 0.00 0.00 14,000,000.00 100.00000% 0.00000
A-4 0.00 0.00 0.00 25,000,000.00 100.00000% 0.00000
A-5 0.00 0.00 0.00 125,078,000.00 100.00000% 0.00000
-------------------------------------------------------------------
Total Certificate Principal Bal. 2,882,169.82 0.00 400,095.80 242,279,139.71
===================================================================
<CAPTION>
Beginning Beginning
Subordinate Original Certificate Certificate Principal Shortfall Current Principal
Certificates Balance Balance Carry-Over Due
-----------------------------------------------------------------------------
<S> <C> <C> <C> <C>
M-1 20,527,000.00 20,527,000.00 0.00 0.00
M-1 Outstanding Writedown 0.00
M-2 12,317,000.00 12,317,000.00 0.00 0.00
M-2 Outstanding Writedown 0.00
B-1 13,138,000.00 13,138,000.00 0.00 0.00
B-1 Outstanding Writedown 0.00
B-2 18,885,000.00 18,885,000.00 0.00 0.00
B-2 Outstanding Writedown 0.00
Excess Asset Principal Balance 11,495,849.57 12,490,993.40
-----------------------------------------------------------------------------
Total Excluding Writedown Balances 76,362,849.57 77,357,993.40 0.00 0.00
=============================================================================
All Certificates Excluding Writedown Balances 28,440,849.57 322,919,398.73 0.00 2,882,169.82
=============================================================================
<CAPTION>
Accelerated
Ending Principal Current Principal
Subordinate Current Shortfall Carry- Writedown/ Distribution
Certificates Principal Paid Over (Writeup) Amount
-----------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
M-1 0.00 0.00 0.00
M-1 Outstanding Writedown 0.00
M-2 0.00 0.00 0.00
M-2 Outstanding Writedown 0.00
B-1 0.00 0.00 0.00
B-1 Outstanding Writedown 0.00
B-2 0.00 0.00 0.00
B-2 Outstanding Writedown 0.00
Excess Asset Principal Balance (400,095.80)
------------------------------------------------------------------------------------
Total Excluding Writedown Balances 0.00 0.00 0.00 (400,095.80)
====================================================================================
All Certificates Excluding Writedown Balances 2,882,169.82 0.00 0.00 0.00
====================================================================================
<CAPTION>
Ending Principal Paid
Subordinate Certificate Per $1,000
Certificates Balance Pool Factor Denomination
-----------------
<S> <C> <C> <C>
M-1 20,527,000.00 100.00000% 0.00000
M-1 Outstanding Writedown 0.00
M-2 12,317,000.00 100.00000% 0.00000
M-2 Outstanding Writedown 0.00
B-1 13,138,000.00 100.00000% 0.00000
B-1 Outstanding Writedown 0.00
B-2 18,885,000.00 100.00000% 0.00000
B-2 Outstanding Writedown 0.00
Excess Asset Principal Balance 12,891,089.20
----------------------------------------------------
Total Excluding Writedown Balances 77,758,089.20
================
All Certificates Excluding Writedown Balances 320,037,228.91
================
</TABLE>
<PAGE>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-A
OAKWOOD ACCEPTANCE CORP. - SERVICER
REMITTANCE REPORT
REPORTING MO. MONTH May-00
CERTIFICATE INTEREST ANALYSIS
<TABLE>
<CAPTION>
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 6.6725% 0.00 336,031.84 0.00 336,031.84 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 1,597,874.75 0.00 1,597,874.75 0.00
======================================================================================
<CAPTION>
Interest
Paid Per
Senior 1000 Total Class
Certificates Denomination Distribution
----------------------------------------------
<S> <C> <C>
A-1 5.16972 3,618,297.46
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 4,880,140.37
=======================
<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 995,143.83 400,095.80 0.00 0.00 1,395,239.63
R 0.00 0.00 0.00 0.00 0.00
Service Fee 1.0000% 0.00 269,099.50 0.00 269,099.50 0.00
------------------------------------------------------------------------------------------------------
Total 995,143.83 1,112,076.85 0.00 711,981.05 1,395,239.63
======================================================================================================
All Certificates 995,143.83 2,709,951.60 0.00 2,309,855.80 1,395,239.63
======================================================================================================
<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 0.00
R 0.00
Service Fee 269,099.50
------------------------------------------------------------------------ --------------------
Total 0.00 0.00 0.00 0.00 0.00 711,981.05
======================================================================== ====================
All Certificates 0.00 0.00 0.00 0.00 0.00 5,592,121.42
======================================================================== ====================
Cumulative X Interest Shortfall 1,395,239.63
Cumulative Accelerated Prin. Disb. (1,395,239.63)
-------------------
0.00
====================
</TABLE>
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