|
|
|
|
|
|
|
|
|
|
|
|
|
|
Previous: OPTION ONE MORT ACCEPT CORP ASSET BACKED CERT SERIES 2000-3, 8-K, 2000-11-09 |
Next: NEW CENTURY CAPITAL & CONSULTING CORP, 10SB12G/A, 2000-11-09 |
<TABLE>
<CAPTION>
Option One Mortgage Loan Trust
Mortgage Pass-Through Certificates
Record Date: 09/30/2000
Distribution Date: 10/25/2000
OOMC Series: 2000-3
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 68389FAY0 SEQ 6.91188% 78,708,766.17 453,354.62 145,787.37
M-1 68389FAZ7 SEQ 7.22188% 7,250,000.00 43,632.19 0.00
M-2 68389FBA1 SEQ 7.62188% 5,500,000.00 34,933.62 0.00
M-3 68389FBB9 SEQ 8.52188% 4,750,000.00 33,732.44 0.00
S 68389FBC7 IO 3.50000% 0.00 29,166.67 0.00
C OPT00003C SUB 0.00000% 3,499,900.00 220,126.20 0.00
R-1 OPT0003R1 RES 0.00000% 0.00 0.00 0.00
R-2 OPT0003R2 RES 0.00000% 0.00 0.00 0.00
R-3 OPT0003R3 RES 0.00000% 0.00 0.00 0.00
R-4 OPT0003R4 RES 0.00000% 0.00 0.00 0.00
P OPT00003P SEQ 0.00000% 100.00 1,922.52 0.00
Totals 99,708,766.17 816,868.26 145,787.37
</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 0.00 78,562,978.80 599,141.99 0.00
M-1 0.00 7,250,000.00 43,632.19 0.00
M-2 0.00 5,500,000.00 34,933.62 0.00
M-3 0.00 4,750,000.00 33,732.44 0.00
S 0.00 0.00 29,166.67 0.00
C 0.00 3,499,900.00 220,126.20 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
R-4 0.00 0.00 0.00 0.00
P 0.00 100.00 1,922.52 0.00
Totals 0.00 99,562,978.80 962,655.63 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 79,000,000.00 78,708,766.17 0.00 145,787.37 0.00 0.00
M-1 7,250,000.00 7,250,000.00 0.00 0.00 0.00 0.00
M-2 5,500,000.00 5,500,000.00 0.00 0.00 0.00 0.00
M-3 4,750,000.00 4,750,000.00 0.00 0.00 0.00 0.00
S 0.00 0.00 0.00 0.00 0.00 0.00
C 3,499,900.00 3,499,900.00 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
R-4 0.00 0.00 0.00 0.00 0.00 0.00
P 100.00 100.00 0.00 0.00 0.00 0.00
Totals 100,000,000.00 99,708,766.17 0.00 145,787.37 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 145,787.37 78,562,978.80 0.99446809 145,787.37
M-1 0.00 7,250,000.00 1.00000000 0.00
M-2 0.00 5,500,000.00 1.00000000 0.00
M-3 0.00 4,750,000.00 1.00000000 0.00
S 0.00 0.00 0.00000000 0.00
C 0.00 3,499,900.00 1.00000000 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
R-4 0.00 0.00 0.00000000 0.00
P 0.00 100.00 1.00000000 0.00
Totals 145,787.37 99,562,978.80 0.99562979 145,787.37
</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 79,000,000.00 996.31349582 0.00000000 1.84540975 0.00000000
M-1 7,250,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-2 5,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-3 4,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
S 0.00 0.00000000 0.00000000 0.00000000 0.00000000
C 3,499,900.00 1000.00000000 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
R-4 0.00 0.00000000 0.00000000 0.00000000 0.00000000
P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) Per $1,000 denomination except for class P which is per $100.
</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 0.00000000 1.84540975 994.46808608 0.99446809 1.84540975
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
M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
S 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
C 0.00000000 0.00000000 1,000.00000000 1.00000000 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
R-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00000000 0.00000000 1,000.00000000 1.00000000 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 79,000,000.00 6.91188% 78,708,766.17 453,354.62 0.00 0.00
M-1 7,250,000.00 7.22188% 7,250,000.00 43,632.19 0.00 0.00
M-2 5,500,000.00 7.62188% 5,500,000.00 34,933.62 0.00 0.00
M-3 4,750,000.00 8.52188% 4,750,000.00 33,732.44 0.00 0.00
S 0.00 3.50000% 10,000,000.00 29,166.67 0.00 0.00
C 3,499,900.00 0.00000% 3,499,900.00 220,126.20 0.00 0.00
R-1 0.00 0.00000% 0.01 0.00 0.00 0.00
R-2 0.00 0.00000% 0.01 0.00 0.00 0.00
R-3 0.00 0.00000% 0.01 0.00 0.00 0.00
R-4 0.00 0.00000% 0.01 0.00 0.00 0.00
P 100.00 0.00000% 100.00 1,922.52 0.00 0.00
Totals 100,000,000.00 816,868.26 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 0.00 0.00 453,354.62 0.00 78,562,978.80
M-1 0.00 0.00 43,632.19 0.00 7,250,000.00
M-2 0.00 0.00 34,933.62 0.00 5,500,000.00
M-3 0.00 0.00 33,732.44 0.00 4,750,000.00
S 0.00 0.00 29,166.67 0.00 10,000,000.00
C 0.00 0.00 220,126.20 0.00 3,499,900.00
R-1 0.00 0.00 0.00 0.00 0.01
R-2 0.00 0.00 0.00 0.00 0.01
R-3 0.00 0.00 0.00 0.00 0.01
R-4 0.00 0.00 0.00 0.00 0.01
P 0.00 0.00 1,922.52 0.00 100.00
Totals 0.00 0.00 816,868.26 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 79,000,000.00 6.91188% 996.31349582 5.73866608 0.00000000 0.00000000
M-1 7,250,000.00 7.22188% 1000.00000000 6.01823310 0.00000000 0.00000000
M-2 5,500,000.00 7.62188% 1000.00000000 6.35156727 0.00000000 0.00000000
M-3 4,750,000.00 8.52188% 1000.00000000 7.10156632 0.00000000 0.00000000
S 0.00 3.50000% 1000.00000000 2.91666700 0.00000000 0.00000000
C 3,499,900.00 0.00000% 1000.00000000 62.89499700 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
R-4 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
P 100.00 0.00000% 1000.00000000 19225.20000000 0.00000000 0.00000000
<FN>
(5) 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 0.00000000 0.00000000 5.73866608 0.00000000 994.46808608
M-1 0.00000000 0.00000000 6.01823310 0.00000000 1000.00000000
M-2 0.00000000 0.00000000 6.35156727 0.00000000 1000.00000000
M-3 0.00000000 0.00000000 7.10156632 0.00000000 1000.00000000
S 0.00000000 0.00000000 2.91666700 0.00000000 1000.00000000
C 0.00000000 0.00000000 62.89499700 0.00000000 1000.00000000
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
R-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00000000 0.00000000 19225.20000000 0.00000000 1000.00000000
<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 ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 1,003,002.26
Liquidations, Insurance Proceeds, Reserve Funds 5.08
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 1,733.70
Realized Losses 0.00
Total Deposits 1,004,741.04
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 42,085.41
Payment of Interest and Principal 962,655.63
Total Withdrawals (Pool Distribution Amount) 1,004,741.04
Ending Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 41,545.31
Trustee Fee 540.10
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 42,085.41
</TABLE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
Reserve Fund 1,000.00 5.08 5.08 1,000.00
</TABLE>
<TABLE>
<CAPTION> LOAN STATUS STRATIFICATION/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
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 2 0 2 0 4
82,699.99 0.00 94,155.40 0.00 176,855.39
60 Days 0 0 1 0 1
0.00 0.00 44,964.70 0.00 44,964.70
90 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
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 2 0 3 0 5
82,699.99 0.00 139,120.10 0.00 221,820.09
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
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.540541% 0.000000% 0.540541% 0.000000% 1.081081%
0.083050% 0.000000% 0.094554% 0.000000% 0.177605%
60 Days 0.000000% 0.000000% 0.270270% 0.000000% 0.270270%
0.000000% 0.000000% 0.045155% 0.000000% 0.045155%
90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
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 0.540541% 0.000000% 0.810811% 0.000000% 1.351351%
0.083050% 0.000000% 0.139710% 0.000000% 0.222760%
<FN>
(7) Delinquencies are stratified according to the information the Servicer has
provided. All 90+ delinquencies are reported in the 90 day delinquency field.
</FN>
</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 1,733.70
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
Class M-1 13,750,000.00 13.75000000% 13,750,000.00 13.81035418% 7.281823% 0.000000%
Class M-2 8,250,000.00 8.25000000% 8,250,000.00 8.28621251% 5.524142% 0.000000%
Class M-3 3,500,000.00 3.50000000% 3,500,000.00 3.51536288% 4.770850% 0.000000%
Class S 3,500,000.00 3.50000000% 3,500,000.00 3.51536288% 0.000000% 0.000000%
Class C 100.00 0.00010000% 100.00 0.00010044% 3.515262% 0.000000%
Class R-I 100.00 0.00010000% 100.00 0.00010044% 0.000000% 0.000000%
Class R-II 100.00 0.00010000% 100.00 0.00010044% 0.000000% 0.000000%
Class R-III 100.00 0.00010000% 100.00 0.00010044% 0.000000% 0.000000%
Class R-IV 100.00 0.00010000% 100.00 0.00010044% 0.000000% 0.000000%
Class P 0.00 0.00000000% 0.00 0.00000000% 0.000100% 0.000000%
<FN>
Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
</FN>
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed ARM
Weighted Average Gross Coupon 9.831050%
Weighted Average Net Coupon 9.831050%
Weighted Average Pass-Through Rate 0.000000%
Weighted Average Maturity(Stepdown Calculation ) 357
Beginning Scheduled Collateral Loan Count 371
Number Of Loans Paid In Full 1
Ending Scheduled Collateral Loan Count 370
Beginning Scheduled Collateral Balance 99,708,766.17
Ending Scheduled Collateral Balance 99,562,978.80
Ending Actual Collateral Balance at 30-Sep-2000 99,578,093.20
Monthly P &I Constant 900,331.64
Ending Scheduled Balance for Premium Loans 99,562,978.80
Required Overcollateralization Amount 0.00
Overcollateralized Increase Amount 0.00
Overcollateralized reduction Amount 0.00
Specified O/C Amount 3,499,900.00
Overcollateralized Amount 3,499,900.00
Overcollateralized Deficiency Amount 0.00
Base Overcollateralized Amount 0.00
Extra principal distribution Amount 0.00
Excess Cash Amount 220,126.20
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
Interest Coverage Account Balance 0.77
</TABLE>
|
|