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Previous: UACSC AUTO TRUSTS UACSC 2000-B OWNER TRUST AUTO REC BAC NOTE, 10-K405, 2000-09-28 |
Next: UACSC AUTO TRUSTS UACSC 2000-B OWNER TRUST AUTO REC BAC NOTE, 15-15D, 2000-09-28 |
UACSC 2000-B
UNION ACCEPTANCE CORPORATION
(Servicer)
June-00
<TABLE>
<CAPTION>
NOTE BALANCE RECONCILIATION DOLLARS
CLASS A-1 CLASS A-2 CLASS A-3 CLASS A-4 CLASS B
------------- -------------- -------------- -------------- -------------
<S> <C> <C> <C> <C> <C>
Original Note Balances 30,000,000.00 185,050,000.00 164,250,000.00 128,275,000.00 26,719,016.00
Beginning Period Note Balances 30,000,000.00 185,050,000.00 164,250,000.00 128,275,000.00 26,719,016.00
Principal Collections - Scheduled Payments 5,338,123.11 - - - -
Principal Collections - Payoffs 9,028,814.98 - - - -
Principal Withdrawal from Payahead - - - - -
Gross Principal Charge Offs 45,033.54 - - - -
Repurchases - - - - -
Accelerated Principal 602,433.19 - - - -
Principal shortfall, up to Accelerated Principal - - - - -
Total Principal to be Distributed 15,014,404.82 - - - -
------------- -------------- -------------- -------------- -------------
Ending Note Balances 14,985,595.18 185,050,000.00 164,250,000.00 128,275,000.00 26,719,016.00
============= ============== ============== ============== =============
Note Factor 0.4995198 1.0000000 1.0000000 1.0000000 1.0000000
Interest Rate 6.63000% 7.1700% 7.4400% 7.540% 7.730%
</TABLE>
NOTE BALANCE RECONCILIATION NUMBERS
TOTAL
-------------- ------
Original Note Balances 534,294,016.00 33,259
Beginning Period Note Balances 534,294,016.00 33,259
Principal Collections - Scheduled Payments 5,338,123.11
Principal Collections - Payoffs 9,028,814.98 603
Principal Withdrawal from Payahead - 0
Gross Principal Charge Offs 45,033.54 2
Repurchases - 0
Accelerated Principal 602,433.19
Principal shortfall, up to Accelerated Principal
Total Principal to be Distributed 15,014,404.82
-------------- ------
Ending Note Balances 519,279,611.18 32,654
============== ======
Note Factor 0.9718986
Interest Rate 7.3395%
<PAGE>
PRINCIPAL BALANCE RECONCILIATION
Original Principal Balance 534,294,016.52
Beginning Period Principal Balance 534,294,016.52
Principal Collections - Scheduled Payments 5,338,123.11
Principal Collections - Payoffs 9,028,814.98
Principal Withdrawal from Payahead -
Gross Principal Charge Offs 45,033.54
Repurchases -
--------------
Ending Principal Balance 519,882,044.89
==============
Ending Note Balances 519,279,611.18
==============
Tail not sold 0.52
==============
Cumulative Accelerate Principal 602,433.19
==============
CASH FLOW RECONCILIATION
Principal Wired 14,367,059.05
Interest Wired 3,477,915.87
Withdrawal from Payahead Account -
Repurchases (Principal and Interest) -
Charge Off Recoveries -
Interest Advances 44,421.04
Collection Account Interest Earned 28,534.57
Spread Account Withdrawal -
Policy Draw for Principal or Interest -
--------------
Total Cash Flow 17,917,930.53
==============
TRUSTEE DISTRIBUTION(7/10/00)
Total Cash Flow 17,917,930.53
Unrecovered Advances on Defaulted Receivables -
Servicing Fee (Due and Unpaid) -
Interest to Class A-1 Noteholders, including any overdue amounts 143,650.00
Interest to Class A-2 Noteholders, including any overdue amounts 958,250.58
Interest to Class A-3 Noteholders, including any overdue amounts 882,570.00
Interest to Class A-4 Noteholders, including any overdue amounts 698,528.64
Interest to Class B Noteholders, including any overdue amounts 149,166.33
Principal to Class A-1 Noteholders, including any overdue amounts 15,014,404.82
Principal to Class A-2 Noteholders, including any overdue amounts -
Principal to Class A-3 Noteholders, including any overdue amounts -
Principal to Class A-4 Noteholders, including any overdue amounts -
Principal to Class B Noteholders, including any overdue amounts -
Insurance Premium 71,239.20
Interest Advance Recoveries from Payments -
Unreimbursed draws on the Policy for Principal or Interest -
Deposit to Payahead 120.96
Payahead Account Interest to Servicer -
Excess -
--------------
Net Cash -
==============
<PAGE>
Servicing Fee Retained from Interest Collections 252,305.51
SPREAD ACCOUNT RECONCILIATION
Original Balance 1,335,735.04
Beginning Balance 1,335,735.04
Trustee Distribution of Excess -
Interest Earned 3,820.51
Spread Account Draws
Reimbursement for Prior Spread Account Draws
Distribution of Funds to Servicer
--------------
Ending Balance 1,339,555.55
==============
Required Balance 6,678,675.21
FIRST LOSS PROTECTION AMOUNT RECONCILIATION
Original Balance 26,714,700.83
Beginning Balance 26,714,700.83
Reduction Due to Spread Account (1,335,735.04)
Reduction Due to Accelerated Principal
Reduction Due to Principal Reduction
--------------
Ending Balance 25,378,965.79
==============
First Loss Protection Required Amount 25,378,965.79
First Loss Protection Fee % 2.00%
First Loss Protection Fee 42,298.28
POLICY RECONCILIATION
Original Balance 534,294,016.00
Beginning Balance 534,294,016.00
Draws -
Reimbursement of Prior Draws -
--------------
Ending Balance 534,294,016.00
==============
Adjusted Ending Balance Based Upon Required Balance 521,024,526.69
==============
Required Balance 521,024,526.69
PAYAHEAD RECONCILIATION
Beginning Balance -
Deposit 120.96
Payahead Interest -
Withdrawal -
--------------
Ending Balance 120.96
==============
<PAGE>
CURRENT DELINQUENCY
PRINCIPAL % OF ENDING
# PAYMENTS DELINQUENT NUMBER BALANCE POOL BALANCE
--------------------- ------ ------- ------------
1 Payment 213 3,012,893.06 0.58%
2 Payments 2 21,360.52 0.00%
3 Payments 1 9,189.94 0.00%
--- ------------
Total 216 3,043,443.52 0.59%
=== ============
DELINQUENCY RATE (60+)
RECEIVABLE
END OF PERIOD DELINQUENCY
PERIOD BALANCE POOL BALANCE RATE
------ ------- ------------ ----
Current 30,550.46 519,882,044.89 0.01%
1st Previous - - 0.00%
2nd Previous - - 0.00%
NET LOSS RATE
<TABLE>
<CAPTION>
DEFAULTED
LIQUIDATION AVERAGE NET LOSS
PERIOD BALANCE PROCEEDS POOL BALANCE (ANNUALIZED)
------ ------- -------- ------------ ------------
<S> <C> <C> <C> <C>
Current 45,033.54 - 527,088,030.71 0.10%
1st Previous - - - 0.00%
2nd Previous - - - 0.00%
Gross Cumulative Charge Offs 45,033.54 Number of Repossessions 2
Gross Liquidation Proceeds - Number of Inventoried Autos EOM 2
Net Cumulative Loss Percentage 0.01% Amount of Inventoried Autos EOM 27,500.00
Net Cumulative Loss Percentage
(adjusted for estimated
future Liquidation Proceeds) 0.00%
Trigger 0.75%
Status OK
</TABLE>
EXCESS YIELD TRIGGER
EXCESS YIELD
EXCESS END OF PERIOD PERCENTAGE
PERIOD YIELD POOL BALANCE (ANNUALIZED)
------ ----- ------------ ------------
Current 602,554.15 519,279,611.18 1.39%
1st Previous - - 0.00%
2nd Previous - - 0.00%
3rd Previous - - 0.00%
4th Previous - - 0.00%
5th Previous - - 0.00%
CURRENT
LEVEL TRIGGER STATUS
----- ------- ------
Six Month Average Excess Yield N/A 1.50% N/A
Trigger Hit in Current or any Previous Month NO
DATE: June 6, 2000 /s/ Diane Slomka
---------------------------------
DIANE SLOMKA
FINANCE OFFICER
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