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Previous: OAKWOOD MORTGAGE INVESTORS INC OMI TRUST 2000-B, 8-K, 2000-07-21 |
Next: NISSAN AUTO RECEIVABLES 2000-B OWNER TRUST, 8-K, 2000-07-21 |
<TABLE>
<CAPTION>
<S> <C>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-B REPORT DATE: 7/7/00
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 1
REMITTANCE REPORT Page 1 of 6
REPORTING MONTH: Jun-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
-------------------------------------------------------------------------------------------------------------------------
360,000,000.00 (246,740.30) (3,463,043.22) 0.00 0.00 356,290,216.48 2,481,648.58 91,488.58
=========================================================================================================================
Scheduled Amount
Pass Thru Liquidation Reserve Available for Limited Total
Interest Proceeds Fund Draw Distribution Guarantee Distribution
--------------------------------------------------------------------------------------
2,390,160.00 0.00 0.00 6,191,432.10 0.00 6,191,432.10
======================================================================================
Pre-Funding Account
------------------------------------------------------------------------------------
Beginning Principal Principal Ending Principal
Balance Deposit Distribution Balance
------------------------------------------------------------------------------------
0.00 85,907,373.17 0.00 85,907,373.17
====================================================================================
Certificate Account
-----------------------------------------------------------------------------------------------------------------------
Beginning Deposits Investment Ending
Balance Principal Interest Distributions Interest Balance
-----------------------------------------------------------------------------------------------------------------------
0.00 818,105.82 517,537.25 0.00 193.71 1,335,836.78
=======================================================================================================================
P&I Advances at Distribution Date
------------------------------------------------------------------------------
Beginning Recovered Current Ending
Balance Advances Advances Balance
------------------------------------------------------------------------------
0.00 101.70 170,821.42 170,923.12
==============================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-B REPORT DATE: 7/7/00
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 1
REMITTANCE REPORT Page 2 of 6
REPORTING MONTH: Jun-00
Class B Crossover Test Test Met?
------------------------------------------------------------------------ ---------------
(a) Remittance date on or after January 2005 N
(b) Average 60 day Delinquency rate <= 5.5% #DIV/0!
(d) Cumulative losses do not exceed the following
percent of the intitial principal balance of all Certificates
Jan. 2005 - June 2006 7% N
July 2006 - June 2007 8% N
July 2007 - Dec. 2008 9.5% N
Jan. 2009 and after 10.5% N
(e) Current realized loss ratio <= 3.00% Y
(f) Does subordinated cert. percentage equal or
exceed 39.078%
of stated scheduled pool balance
Beginning M balances 21,600,000.00
Beginning B balances 35,100,000.00
Overcollateralization 12,600,000.00
--------------------
69,300,000.00
Divided by beginning pool
balance 360,000,000.00
--------------------
19.250% N
====================
Average 60 day delinquency ratio:
Over 60s Pool Balance %
------------------------------------------------------------
Current Mo 58,731.32 356,290,216.48 0.02%
1st Preceding Mo 0.00 0.00 #DIV/0!
2nd Preceding Mo 0.00 0.00 #DIV/0!
Divided by 3
------------------
#DIV/0!
==================
Cumulative loss ratio:
Cumulative losses 0.00
-----------------------
Divided by Initial Certificate Principal 360,000,000.00 0.000%
==================
Current realized loss ratio:
Liquidation Pool
Losses Balance
------------------------------------------
Current Mo 0.00 360,000,000.00
1st Preceding Mo 0.00 0.00
2nd Preceding Mo 0.00 0.00
------------------------------------------
0.00 120,000,000.00
0.000%
==================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-B REPORT DATE: 7/7/00
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 1
REMITTANCE REPORT Page 3 of 6
REPORTING MONTH: Jun-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
------------------------------------------------------------------------------------------------------------
Excluding Repos 6,164 356,234,864.01 64 2,276,010.61 1 58,731.32 0 0.00 65 2,334,741.93
Repos 1 55,352.47 1 55,352.47 0 0.00 0 0.00 1 55,352.47
------------------------------------------------------------------------------------------------------------
Total 6,165 356,290,216.48 65 2,331,363.08 1 58,731.32 0 0.00 66 2,390,094.40
============================================================================================================
1.1% 0.67%
======================
Repossession Analysis
Active Repos Reversal Current Month
Outstanding (Redemption) Repos Cumulative Repos
Principal Principal Principal Principal
# Balance # Balance # Balance # Balance
----------------------------------------------------------------------
1 55,352.47 0 0.00 1 55,352.47 1 55,352.47
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-B REPORT DATE: 7/7/00
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 1
REMITTANCE REPORT Page 4 of 6
REPORTING MONTH: Jun-00
REPOSSESSION LIQUIDATION REPORT
Liquidated Net
Account Customer Principal Sales Insur. Total Repossession Liquidation Unrecov.
Number Name Balance Proceeds Refunds Proceeds Expenses Proceeds Advances
------------------------------------------------------------------------------------------------------------------------------
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
===================================================================================================
Net Current
Account Customer FHA Insurance Pass Thru Period Net Cumulative
Number Name Coverage Proceeds Gain/(Loss) Gain/(Loss)
--------------------------------------------------------------------------------------
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
===========================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-B REPORT DATE: 7/7/00
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 1
REMITTANCE REPORT Page 5 of 6
REPORTING MONTH: Jun-00
CERTIFICATE PRINCIPAL ANALYSIS
PRINCIPAL
Beginning Beginning
Senior Original Certificate Certificate Principal Shortfall Current Principal Current
Certificates Balance Balance Carry-Over Due Principal Paid
------------------------------------------------------------------------------------------------------------------------------------
A-1 290,700,000.00 290,700,000.00 0.00 3,709,783.52 3,709,783.52
-------------------------------------------------------------------------------------------------
Total Certificate Principal Bal. 290,700,000.00 290,700,000.00 0.00 3,709,783.52 3,709,783.52
=================================================================================================
PRINCIPAL Accelerated
Ending Principal Principal Ending Principal Paid
Senior Shortfall Carry- Distribution Certificate Per $1,000
Certificates Over Amount Balance Pool Factor Denomination
--------------------------------------------------------------------------------------------
A-1 0.00 0.00 286,990,216.48 98.72384% 12.76155
---------------------------------------------------------
Total Certificate Principal Bal. 0.00 0.00 286,990,216.48
=========================================================
Ending
Beginning Principal
Original Beginning Principal Current Current Shortfall
Subordinate Certificate Certificate Shortfall Principal Principal Carry-
Certificates Balance Balance Carry-Over Due Paid Over
------------------------------------------------------------------------------------
M-1 21,600,000.00 21,600,000.00 0.00 0.00 0.00 0.00
M-1 Outstanding Writedown 0.00
B-1 18,900,000.00 18,900,000.00 0.00 0.00 0.00 0.00
B-1 Outstanding Writedown 0.00
B-2 16,200,000.00 16,200,000.00 0.00 0.00 0.00 0.00
B-2 Outstanding Writedown 0.00
Excess Asset Principal Balance 12,600,000.00 12,600,000.00
------------------------------------------------------------------------------------
Total Excluding Writedown Balances 69,300,000.00 69,300,000.00 0.00 0.00 0.00 0.00
====================================================================================
All Certificates Excluding Writedown Balances 360,000,000.00 360,000,000.00 0.00 3,709,783.52 3,709,783.52 0.00
====================================================================================
Accelerated
Current Principal Ending Principal Paid
Subordinate Writedown/ Distribution Certificate Per $1,000
Certificates (Writeup) Amount Balance Pool Factor Denomination
--------------------------------------------
M-1 0.00 21,600,000.00 100.00000% 0.00000
M-1 Outstanding Writedown 0.00 0.00
B-1 0.00 18,900,000.00 100.00000% 0.00000
B-1 Outstanding Writedown 0.00 0.00
B-2 0.00 16,200,000.00 100.00000% 0.00000
B-2 Outstanding Writedown 0.00 0.00
Excess Asset Principal Balance 0.00 12,600,000.00
-------------------------------------------------------------------------
Total Excluding Writedown Balances 0.00 0.00 69,300,000.00
============================================
All Certificates Excluding Writedown Balances 0.00 0.00 356,290,216.48
============================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
OAKWOOD MORTGAGE INVESTORS, INC. 2000-B REPORT DATE: 7/7/00
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 1
REMITTANCE REPORT Page 6 of 6
REPORTING MONTH: Jun-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
-----------------------------------------------------------------------------------------------------------------------
A-1 8.1500% 0.00 1,974,337.50 0.00 1,974,337.50 0.00
----------------------------------------------------------------------------------------------------------
Total 0.00 1,974,337.50 0.00 1,974,337.50 0.00
==========================================================================================================
Interest
Paid Per
Senior 1000 Total Class
Certificates Denomination Distribution
-----------------------------------
A-1 6.79167 5,684,121.02
----------------
Total 5,684,121.02
================
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
-----------------------------------------------------------------------------------------------------------------
M-1 8.7200% 0.00 156,960.00 0.00 156,960.00 0.00
B-1 9.1500% 0.00 144,112.50 0.00 144,112.50 0.00
B-2 8.5000% 0.00 114,750.00 0.00 114,750.00 0.00
X 0.00 0.00 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
Service Fee 1.0000% 0.00 215,199.76 0.00 91,488.58 123,711.18
------------------------------------------------------------------------------------------------------
Total 0.00 631,022.26 0.00 507,311.08 123,711.18
======================================================================================================
All Certificates 0.00 2,605,359.76 0.00 2,481,648.58 123,711.18
======================================================================================================
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
------------------------------------------------------------------------------------------------------------------
M-1 0.00 0.00 0.00 0.00 0.00 7.26667 156,960.00
B-1 0.00 0.00 0.00 0.00 0.00 7.62500 144,112.50
B-2 0.00 0.00 0.00 0.00 0.00 7.08333 114,750.00
X 0.00
R 0.00
Service Fee 91,488.58
--------------------------------------------------------------------- --------------
Total 0.00 0.00 0.00 0.00 0.00 507,311.08
===================================================================== ==============
All Certificates 0.00 0.00 0.00 0.00 0.00 6,191,432.10
===================================================================== ==============
Cumulative X Interest Shortfall 0.00
Cumulative Accelerated Prin. Disb. 0.00
--------------
0.00
==============
</TABLE>
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