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Previous: DELTA FUND HM EQU LN 2000-2 HM EQU LN ASS BKD CRT SER 2000-2, 8-K, 2000-08-29 |
Next: NISSAN AUTO RECEIVABLES 2000-B OWNER TRUST, 8-K, 2000-08-29 |
<TABLE>
<CAPTION>
Delta Funding Corporation
Mortgage Pass-Through Certificates
Record Date: 07/31/2000
Distribution Date: 08/15/2000
DFH Series: 2000-2
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>
A_1F 24763LGN4 SEN 7.79000% 60,715,498.56 394,144.78 1,051,278.04
A_2F 24763LGP9 SEN 7.82000% 14,502,000.00 94,504.70 0.00
A_3F 24763LGQ7 SEN 7.98000% 41,519,000.00 276,101.35 0.00
A_4F 24763LGR5 SEN 8.22000% 10,953,000.00 75,028.05 0.00
A_5F 24763LGS3 SEN 8.36000% 20,327,000.00 141,611.43 0.00
A_6F 24763LGT1 SEN 7.97000% 21,000,000.00 139,475.00 0.00
IOF 24763LGU8 SEN 7.00000% 0.00 341,250.00 0.00
A_1A 24763LGV6 SEN 6.94625% 64,707,313.58 362,075.61 402,477.74
M_1 24763LGW4 MEZ 8.36000% 16,500,000.00 114,950.00 0.00
M_2 24763LGX2 MEZ 8.36000% 11,344,000.00 79,029.87 0.00
B 24763LGY0 JUN 8.36000% 12,375,000.00 86,212.50 0.00
BIO DFH002BIO JUN 0.00000% 0.00 26.19 0.00
OC DFH0002OC JUN 0.00000% 0.00 0.00 0.00
R_1 DFH0002R1 JUN 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 273,942,812.14 2,104,409.48 1,453,755.78
</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 59,664,220.52 1,445,422.82 0.00
A_2F 0.00 14,502,000.00 94,504.70 0.00
A_3F 0.00 41,519,000.00 276,101.35 0.00
A_4F 0.00 10,953,000.00 75,028.05 0.00
A_5F 0.00 20,327,000.00 141,611.43 0.00
A_6F 0.00 21,000,000.00 139,475.00 0.00
IOF 0.00 0.00 341,250.00 0.00
A_1A 0.00 64,304,835.84 764,553.35 0.00
M_1 0.00 16,500,000.00 114,950.00 0.00
M_2 0.00 11,344,000.00 79,029.87 0.00
B 0.00 12,375,000.00 86,212.50 0.00
BIO 0.00 0.00 26.19 0.00
OC 0.00 272,296.79 0.00 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 0.00 272,761,353.15 3,558,165.26 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 61,480,000.00 60,715,498.56 196,427.63 854,850.41 0.00 0.00
A_2F 14,502,000.00 14,502,000.00 0.00 0.00 0.00 0.00
A_3F 41,519,000.00 41,519,000.00 0.00 0.00 0.00 0.00
A_4F 10,953,000.00 10,953,000.00 0.00 0.00 0.00 0.00
A_5F 20,327,000.00 20,327,000.00 0.00 0.00 0.00 0.00
A_6F 21,000,000.00 21,000,000.00 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 64,707,313.58 24,671.49 377,806.25 0.00 0.00
M_1 16,500,000.00 16,500,000.00 0.00 0.00 0.00 0.00
M_2 11,344,000.00 11,344,000.00 0.00 0.00 0.00 0.00
B 12,375,000.00 12,375,000.00 0.00 0.00 0.00 0.00
BIO 0.00 0.00 0.00 0.00 0.00 0.00
OC 0.00 0.00 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 275,000,000.00 273,942,812.14 221,099.12 1,232,656.66 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 1,051,278.04 59,664,220.52 0.97046553 1,051,278.04
A_2F 0.00 14,502,000.00 1.00000000 0.00
A_3F 0.00 41,519,000.00 1.00000000 0.00
A_4F 0.00 10,953,000.00 1.00000000 0.00
A_5F 0.00 20,327,000.00 1.00000000 0.00
A_6F 0.00 21,000,000.00 1.00000000 0.00
IOF 0.00 0.00 0.00000000 0.00
A_1A 402,477.74 64,304,835.84 0.98930517 402,477.74
M_1 0.00 16,500,000.00 1.00000000 0.00
M_2 0.00 11,344,000.00 1.00000000 0.00
B 0.00 12,375,000.00 1.00000000 0.00
BIO 0.00 0.00 0.00000000 0.00
OC 0.00 272,296.79 0.00000000 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 1,453,755.78 272,761,353.15 0.99185947 1,453,755.78
</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 61,480,000.00 987.56503839 3.19498422 13.90452846 0.00000000
A_2F 14,502,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A_3F 41,519,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A_4F 10,953,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A_5F 20,327,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A_6F 21,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
IOF 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A_1A 65,000,000.00 995.49713200 0.37956138 5.81240385 0.00000000
M_1 16,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M_2 11,344,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B 12,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
BIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
OC 0.00 0.00000000 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 17.09951269 970.46552570 0.97046553 17.09951269
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 6.19196523 989.30516677 0.98930517 6.19196523
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
OC 0.00000000 0.00000000 680,741,975,000.0 0.00000000 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 61,480,000.00 7.79000% 60,715,498.56 394,144.78 0.00 0.00
A_2F 14,502,000.00 7.82000% 14,502,000.00 94,504.70 0.00 0.00
A_3F 41,519,000.00 7.98000% 41,519,000.00 276,101.35 0.00 0.00
A_4F 10,953,000.00 8.22000% 10,953,000.00 75,028.05 0.00 0.00
A_5F 20,327,000.00 8.36000% 20,327,000.00 141,611.43 0.00 0.00
A_6F 21,000,000.00 7.97000% 21,000,000.00 139,475.00 0.00 0.00
IOF 0.00 7.00000% 58,500,000.00 341,250.00 0.00 0.00
A_1A 65,000,000.00 6.94625% 64,707,313.58 362,075.61 0.00 0.00
M_1 16,500,000.00 8.36000% 16,500,000.00 114,950.00 0.00 0.00
M_2 11,344,000.00 8.36000% 11,344,000.00 79,029.87 0.00 0.00
B 12,375,000.00 8.36000% 12,375,000.00 86,212.50 0.00 0.00
BIO 0.00 0.00000% 0.00 0.00 0.00 0.00
OC 0.00 0.00000% 0.00 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 275,000,000.00 2,104,383.29 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 0.00 394,144.78 0.00 59,664,220.52
A_2F 0.00 0.00 94,504.70 0.00 14,502,000.00
A_3F 0.00 0.00 276,101.35 0.00 41,519,000.00
A_4F 0.00 0.00 75,028.05 0.00 10,953,000.00
A_5F 0.00 0.00 141,611.43 0.00 20,327,000.00
A_6F 0.00 0.00 139,475.00 0.00 21,000,000.00
IOF 0.00 0.00 341,250.00 0.00 58,500,000.00
A_1A 0.00 0.00 362,075.61 0.00 64,304,835.84
M_1 0.00 0.00 114,950.00 0.00 16,500,000.00
M_2 0.00 0.00 79,029.87 0.00 11,344,000.00
B 0.00 0.00 86,212.50 0.00 12,375,000.00
BIO 0.00 0.00 26.19 0.00 0.00
OC 0.00 0.00 0.00 0.00 272,296.79
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 2,104,409.48 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 61,480,000.00 7.79000% 987.56503839 6.41094307 0.00000000 0.00000000
A_2F 14,502,000.00 7.82000% 1000.00000000 6.51666667 0.00000000 0.00000000
A_3F 41,519,000.00 7.98000% 1000.00000000 6.65000000 0.00000000 0.00000000
A_4F 10,953,000.00 8.22000% 1000.00000000 6.85000000 0.00000000 0.00000000
A_5F 20,327,000.00 8.36000% 1000.00000000 6.96666650 0.00000000 0.00000000
A_6F 21,000,000.00 7.97000% 1000.00000000 6.64166667 0.00000000 0.00000000
IOF 0.00 7.00000% 1000.00000000 5.83333333 0.00000000 0.00000000
A_1A 65,000,000.00 6.94625% 995.49713200 5.57039400 0.00000000 0.00000000
M_1 16,500,000.00 8.36000% 1000.00000000 6.96666667 0.00000000 0.00000000
M_2 11,344,000.00 8.36000% 1000.00000000 6.96666696 0.00000000 0.00000000
B 12,375,000.00 8.36000% 1000.00000000 6.96666667 0.00000000 0.00000000
BIO 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
OC 0.00 0.00000% 0.00000000 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>
(3) 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 6.41094307 0.00000000 970.46552570
A_2F 0.00000000 0.00000000 6.51666667 0.00000000 1000.00000000
A_3F 0.00000000 0.00000000 6.65000000 0.00000000 1000.00000000
A_4F 0.00000000 0.00000000 6.85000000 0.00000000 1000.00000000
A_5F 0.00000000 0.00000000 6.96666650 0.00000000 1000.00000000
A_6F 0.00000000 0.00000000 6.64166667 0.00000000 1000.00000000
IOF 0.00000000 0.00000000 5.83333333 0.00000000 1000.00000000
A_1A 0.00000000 0.00000000 5.57039400 0.00000000 989.30516677
M_1 0.00000000 0.00000000 6.96666667 0.00000000 1000.00000000
M_2 0.00000000 0.00000000 6.96666696 0.00000000 1000.00000000
B 0.00000000 0.00000000 6.96666667 0.00000000 1000.00000000
BIO 0.00000000 0.00000000 65475000.0000000 0.00000000 0.00000000
OC 0.00000000 0.00000000 0.00000000 0.00000000 680741975000.00012
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
Pass-Through Notional Notional Component Component Component
Class Rate Balance Balance Balance Balance Percentage
<S> <C> <C> <C> <C> <C> <C>
FSA 0.08000% 292,223,812.14 290,770,056.36 0.00 0.00 123.84735407%
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 2,843,514.81
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 853,698.12
Realized Losses 0.00
Total Deposits 3,697,212.93
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 139,047.67
Payment of Interest and Principal 3,558,165.26
Total Withdrawals (Pool Distribution Amount) 3,697,212.93
Ending Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 283.90
Servicing Fee Support 283.90
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 114,142.84
Trustee Fee- Wells Fargo 5,707.14
Supported Prepayment/Curtailment Interest Shortfall 283.90
Net Servicing Fee 119,566.08
</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 26.19 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 122 5 0 0 127
9,014,566.78 322,868.20 0.00 0.00 9,337,434.98
60 Days 42 0 0 0 42
2,661,580.75 0.00 0.00 0.00 2,661,580.75
90 Days 13 0 0 0 13
857,169.85 0.00 0.00 0.00 857,169.85
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
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 177 5 0 0 182
12,533,317.38 322,868.20 0.00 0.00 12,856,185.58
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 3.310719% 0.135685% 0.000000% 0.000000% 3.446404%
3.304198% 0.118344% 0.000000% 0.000000% 3.422543%
60 Days 1.139756% 0.000000% 0.000000% 0.000000% 1.139756%
0.975576% 0.000000% 0.000000% 0.000000% 0.975576%
90 Days 0.352782% 0.000000% 0.000000% 0.000000% 0.352782%
0.314187% 0.000000% 0.000000% 0.000000% 0.314187%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
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 4.803256% 0.135685% 0.000000% 0.000000% 4.938942%
4.593961% 0.118344% 0.000000% 0.000000% 4.712305%
<FN>
(7) Delinquencies are stratified according to the information the Servicer has provided.
All Bankruptcy and REO loans are reported in the 30-day delinquency field.
Current Period Realized Loss - Includes Interest Shortfall 0.00 Principal Balance of Contaminated Properties 0.00
Cummulative Realized Losses - Includes Interest Shortfall 0.00 Periodic Advance 0.00
Current Period Class A Insufficient Funds 0.00
</FN>
</TABLE>
<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 90 3 0 0 93
6,582,820.70 164,934.57 0.00 0.00 6,747,755.27
60 Days 31 0 0 0 31
1,718,331.42 0.00 0.00 0.00 1,718,331.42
90 Days 7 0 0 0 7
472,043.42 0.00 0.00 0.00 472,043.42
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
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 128 3 0 0 131
8,773,195.54 164,934.57 0.00 0.00 8,938,130.11
30 Days 3.104519% 0.103484% 0.000000% 0.000000% 3.208003%
3.161320% 0.079208% 0.000000% 0.000000% 3.240528%
60 Days 1.069334% 0.000000% 0.000000% 0.000000% 1.069334%
0.825208% 0.000000% 0.000000% 0.000000% 0.825208%
90 Days 0.241463% 0.000000% 0.000000% 0.000000% 0.241463%
0.226693% 0.000000% 0.000000% 0.000000% 0.226693%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
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 4.415316% 0.103484% 0.000000% 0.000000% 4.518800%
4.213222% 0.079208% 0.000000% 0.000000% 4.292429%
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 32 2 0 0 34
2,431,746.08 157,933.63 0.00 0.00 2,589,679.71
60 Days 11 0 0 0 11
943,249.33 0.00 0.00 0.00 943,249.33
90 Days 6 0 0 0 6
385,126.43 0.00 0.00 0.00 385,126.43
120 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
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 49 2 0 0 51
3,760,121.84 157,933.63 0.00 0.00 3,918,055.47
30 Days 4.071247% 0.254453% 0.000000% 0.000000% 4.325700%
3.764809% 0.244512% 0.000000% 0.000000% 4.009320%
60 Days 1.399491% 0.000000% 0.000000% 0.000000% 1.399491%
1.460331% 0.000000% 0.000000% 0.000000% 1.460331%
90 Days 0.763359% 0.000000% 0.000000% 0.000000% 0.763359%
0.596249% 0.000000% 0.000000% 0.000000% 0.596249%
120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
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 6.234097% 0.254453% 0.000000% 0.000000% 6.488550%
5.821389% 0.244512% 0.000000% 0.000000% 6.065900%
</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 0.00
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed & Mixed ARM
Weighted Average Gross Coupon 11.021329%
Weighted Average Net Coupon 10.521329%
Weighted Average Pass-Through Rate 10.496327%
Weighted Average Maturity(Stepdown Calculation ) 358
Beginning Scheduled Collateral Loan Count 3,696
Number Of Loans Paid In Full 11
Ending Scheduled Collateral Loan Count 3,685
Beginning Scheduled Collateral Balance 273,942,812.14
Ending Scheduled Collateral Balance 272,761,353.15
Ending Actual Collateral Balance at 31-Jul-2000 272,821,590.33
Monthly P &I Constant 2,737,110.77
Ending Scheduled Balance for Premium Loans 272,761,353.15
Required Overcollateralization Amount 0.00
Overcollateralized Increase Amount 272,296.79
Overcollateralized reduction Amount 0.00
Specified O/C Amount 4,468,750.00
Overcollateralized Amount 272,296.79
Overcollateralized Deficiency Amount 4,468,750.00
Base Overcollateralized Amount 0.00
Extra principal distribution Amount 272,296.79
Excess Cash Amount 272,296.79
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
Group F Curtailment $33,831.70
Group A Curtailment $139,745.14
Group F Initial Interest Deposit 0.00
Group A Initial Interest Deposit 0.00
Group F Excess Cash Amt. from Pre-Funding 0.00
Group A Excess Cash Amt. from Pre-Funding 0.00
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<S> <C>
Group ID 1 2 Total
Collateral Description Fixed 30 Year 6 Month LIBOR ARM
Weighted Average Coupon Rate 11.030894 10.990530
Weighted Average Net Rate 10.505894 10.465530
Weighted Average Maturity 310.00 358.00
Beginning Loan Count 2,908 788 3,696
Loans Paid In Full 9 2 11
Ending Loan Count 2,899 786 3,685
Beginning Scheduled Balance 209,030,411.29 64,912,400.85 273,942,812.14
Ending scheduled Balance 208,180,318.18 64,581,034.97 272,761,353.15
Record Date 07/31/2000 07/31/2000
Principal And Interest Constant 2,117,921.21 619,189.56 2,737,110.77
Scheduled Principal 196,427.63 24,671.49 221,099.12
Unscheduled Principal 653,665.48 306,694.39 960,359.87
Scheduled Interest 1,921,493.58 594,518.07 2,516,011.65
Servicing Fees 87,096.00 27,046.84 114,142.84
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 4,354.80 1,352.34 5,707.14
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 1,830,042.78 566,118.89 2,396,161.67
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>
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