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Previous: STRUCTURED ASSET SECURITIES CORP MORT PAS THR CERT SE 2000 3, 8-K, 2000-10-03 |
Next: MORGAN STANLEY DEAN WIT SEL EQ TR SEL TURNA FOC LI SER 2000, 487, 2000-10-03 |
<TABLE>
<CAPTION>
Structured Asset Securities Corporation
Mortgage Pass-Through Certificates
Record Date: 8/31/00
Distribution Date: 9/25/00
SASC 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>
R 863572T86 SEN 9.50000% 0.00 0.02 0.00
1-A1 863572Q30 SEN 7.75000% 101,432,500.00 655,084.83 1,567,500.00
1-A2 863572Q48 SEN 9.50000% 0.00 147,922.38 0.00
1-A3 863572Q55 SEN 7.22000% 103,290,175.03 621,462.50 7,200,037.93
1-A4 863572Q63 SEN 2.28000% 0.00 196,251.31 0.00
1-A5 863572Q71 SEN 8.00000% 3,955,000.00 26,366.66 0.00
1-A6 863572Q89 SEN 9.50000% 0.00 4,943.75 0.00
1-A7 863572Q97 SEN 8.00000% 46,400,000.00 309,333.30 0.00
1-A8 863572R21 SEN 9.50000% 0.00 57,999.99 0.00
1-AP 863572R39 SEN 0.00000% 3,771,189.35 0.00 95,917.42
2-A1 863572R54 SEN 7.75000% 58,794,000.00 379,711.25 846,000.00
2-A2 863572R62 SEN 8.25000% 0.00 24,497.50 0.00
2-A3 863572R70 SEN 8.25000% 88,030,716.36 605,211.17 1,083,823.81
2-A5 863572R96 SEN 7.65000% 25,000,000.00 159,375.00 0.00
2-A4 863572R88 SEN 8.25000% 0.00 11,458.33 0.00
2-A6 863572S20 SEN 8.00000% 34,000,000.00 226,666.67 0.00
2-A7 863572S38 SEN 8.25000% 0.00 7,083.33 0.00
2-AP 863572S46 SEN 0.00000% 1,362,535.46 0.00 18,763.42
3-A1 863572S61 SEN 8.25000% 74,433,397.03 511,729.60 447,747.02
3-AP 863572S79 SEN 0.00000% 712,842.68 0.00 613.33
3-AX 863572S87 SEN 8.25000% 0.00 15,564.29 0.00
4-A1 863572S95 SEN 8.25000% 44,271,647.83 304,367.56 42,128.99
4-AP 863572T29 SEN 0.00000% 151,629.67 0.00 174.68
B1 863572T45 SUB 8.25000% 19,771,306.13 135,927.72 11,837.85
B2 863572T52 SUB 8.25000% 11,797,122.54 81,105.21 6,963.71
B3 863572T78 SUB 9.04345% 7,354,785.31 55,427.19 4,268.05
B4 SAC0003B4 SUB 8.91473% 4,390,429.27 32,616.24 2,602.93
B5 SAC0003B5 SUB 8.90004% 3,647,859.19 27,055.06 2,167.75
B6 SAC0003B6 SUB 8.91594% 3,835,043.48 28,494.19 2,270.74
BX 863572T60 SUB 9.50000% 0.00 15,959.23 0.00
R-1 SEN 0.00000% 0.00 0.00 0.00
MBIA SEN 0.05000% 0.00 1,041.67 0.00
Totals 636,402,179.33 4,642,655.95 11,332,817.63
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<S> <C> <C> <C> <C>
R 0.00 0.00 0.02 0.00
1-A1 0.00 99,865,000.00 2,222,584.83 0.00
1-A2 0.00 0.00 147,922.38 0.00
1-A3 0.00 96,090,137.10 7,821,500.43 0.00
1-A4 0.00 0.00 196,251.31 0.00
1-A5 0.00 3,955,000.00 26,366.66 0.00
1-A6 0.00 0.00 4,943.75 0.00
1-A7 0.00 46,400,000.00 309,333.30 0.00
1-A8 0.00 0.00 57,999.99 0.00
1-AP 0.00 3,675,271.93 95,917.42 0.00
2-A1 0.00 57,948,000.00 1,225,711.25 0.00
2-A2 0.00 0.00 24,497.50 0.00
2-A3 0.00 86,946,892.55 1,689,034.98 0.00
2-A5 0.00 25,000,000.00 159,375.00 0.00
2-A4 0.00 0.00 11,458.33 0.00
2-A6 0.00 34,000,000.00 226,666.67 0.00
2-A7 0.00 0.00 7,083.33 0.00
2-AP 0.00 1,343,772.04 18,763.42 0.00
3-A1 0.00 73,985,650.01 959,476.62 0.00
3-AP 0.00 712,229.34 613.33 0.00
3-AX 0.00 0.00 15,564.29 0.00
4-A1 0.00 44,229,518.85 346,496.55 0.00
4-AP 0.00 151,454.99 174.68 0.00
B1 0.00 19,759,468.28 147,765.57 0.00
B2 0.00 11,790,158.84 88,068.92 0.00
B3 0.00 7,350,517.26 59,695.24 0.00
B4 0.00 4,387,826.34 35,219.17 0.00
B5 0.00 3,645,691.44 29,222.81 0.00
B6 0.00 3,832,772.74 30,764.93 0.00
BX 0.00 0.00 15,959.23 0.00
R-1 0.00 0.00 0.00 0.00
MBIA 0.00 0.00 1,041.67 0.00
Totals 0.00 625,069,361.71 15,975,473.58 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>
R 100.00 0.00 0.00 0.00 0.00 0.00
100.00 0.00 0.00 0.00 0.00 0.00
1-A1 103,000,000.00 101,432,500.00 24,536.65 1,542,963.35 0.00 0.00
1-A2 0.00 0.00 0.00 0.00 0.00 0.00
1-A3 108,500,000.00 103,290,175.03 112,704.80 7,087,333.13 0.00 0.00
1-A4 0.00 0.00 0.00 0.00 0.00 0.00
1-A5 3,955,000.00 3,955,000.00 0.00 0.00 0.00 0.00
1-A6 0.00 0.00 0.00 0.00 0.00 0.00
1-A7 46,400,000.00 46,400,000.00 0.00 0.00 0.00 0.00
1-A8 0.00 0.00 0.00 0.00 0.00 0.00
1-AP 3,840,569.00 3,771,189.35 2,195.78 93,721.65 0.00 0.00
2-A1 59,640,000.00 58,794,000.00 61,120.96 784,879.04 0.00 0.00
2-A2 0.00 0.00 0.00 0.00 0.00 0.00
2-A3 90,000,000.00 88,030,716.36 78,303.02 1,005,520.79 0.00 0.00
2-A5 25,000,000.00 25,000,000.00 0.00 0.00 0.00 0.00
2-A4 0.00 0.00 0.00 0.00 0.00 0.00
2-A6 34,000,000.00 34,000,000.00 0.00 0.00 0.00 0.00
2-A7 0.00 0.00 0.00 0.00 0.00 0.00
2-AP 1,371,539.10 1,362,535.46 1,405.87 17,357.54 0.00 0.00
3-A1 74,836,000.00 74,433,397.03 44,063.89 403,683.13 0.00 0.00
3-AP 716,219.00 712,842.68 508.32 105.01 0.00 0.00
3-AX 0.00 0.00 0.00 0.00 0.00 0.00
4-A1 44,963,000.00 44,271,647.83 27,475.44 14,653.55 0.00 0.00
4-AP 153,481.00 151,629.67 174.68 0.00 0.00 0.00
B1 19,783,000.00 19,771,306.13 11,837.85 0.00 0.00 0.00
B2 11,804,000.00 11,797,122.54 6,963.71 0.00 0.00 0.00
B3 7,359,000.00 7,354,785.31 4,268.05 0.00 0.00 0.00
B4 4,393,000.00 4,390,429.27 2,602.93 0.00 0.00 0.00
B5 3,650,000.00 3,647,859.19 2,167.75 0.00 0.00 0.00
B6 3,837,286.00 3,835,043.48 2,270.74 0.00 0.00 0.00
BX 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
MBIA 0.00 0.00 0.00 0.00 0.00 0.00
Totals 647,202,294.10 636,402,179.33 382,600.44 10,950,217.19 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>
R 0.00 0.00 0.00000000 0.00
R 0.00 0.00 0.00000000 0.00
1-A1 1,567,500.00 99,865,000.00 0.96956311 1,567,500.00
1-A2 0.00 0.00 0.00000000 0.00
1-A3 7,200,037.93 96,090,137.10 0.88562338 7,200,037.93
1-A4 0.00 0.00 0.00000000 0.00
1-A5 0.00 3,955,000.00 1.00000000 0.00
1-A6 0.00 0.00 0.00000000 0.00
1-A7 0.00 46,400,000.00 1.00000000 0.00
1-A8 0.00 0.00 0.00000000 0.00
1-AP 95,917.42 3,675,271.93 0.95696027 95,917.42
2-A1 846,000.00 57,948,000.00 0.97162978 846,000.00
2-A2 0.00 0.00 0.00000000 0.00
2-A3 1,083,823.81 86,946,892.55 0.96607658 1,083,823.81
2-A5 0.00 25,000,000.00 1.00000000 0.00
2-A4 0.00 0.00 0.00000000 0.00
2-A6 0.00 34,000,000.00 1.00000000 0.00
2-A7 0.00 0.00 0.00000000 0.00
2-AP 18,763.42 1,343,772.04 0.97975482 18,763.42
3-A1 447,747.02 73,985,650.01 0.98863715 447,747.02
3-AP 613.33 712,229.34 0.99442955 613.33
3-AX 0.00 0.00 0.00000000 0.00
4-A1 42,128.99 44,229,518.85 0.98368701 42,128.99
4-AP 174.68 151,454.99 0.98679960 174.68
B1 11,837.85 19,759,468.28 0.99881051 11,837.85
B2 6,963.71 11,790,158.84 0.99882742 6,963.71
B3 4,268.05 7,350,517.26 0.99884730 4,268.05
B4 2,602.93 4,387,826.34 0.99882229 2,602.93
B5 2,167.75 3,645,691.44 0.99881957 2,167.75
B6 2,270.74 3,832,772.74 0.99882384 2,270.74
BX 0.00 0.00 0.00000000 0.00
R-1 0.00 0.00 0.00000000 0.00
MBIA 0.00 0.00 0.00000000 0.00
Totals 11,332,817.63 625,069,361.71 0.96580214 11,332,817.63
</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>
R 100.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A1 103,000,000.00 984.78155340 0.23821990 14.98022670 0.00000000
1-A2 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A3 108,500,000.00 951.98318000 1.03875392 65.32104267 0.00000000
1-A4 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A5 3,955,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A6 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-A7 46,400,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1-A8 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1-AP 3,840,569.00 981.93505962 0.57173299 24.40306371 0.00000000
2-A1 59,640,000.00 985.81488934 1.02483166 13.16027901 0.00000000
2-A2 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A3 90,000,000.00 978.11907067 0.87003356 11.17245322 0.00000000
2-A5 25,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A4 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2-A6 34,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
2-A7 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2-AP 1,371,539.10 993.43537490 1.02503093 12.65551963 0.00000000
3-A1 74,836,000.00 994.62019656 0.58880606 5.39423713 0.00000000
3-AP 716,219.00 995.28591115 0.70972705 0.14661717 0.00000000
3-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000
4-A1 44,963,000.00 984.62397594 0.61106777 0.32590241 0.00000000
4-AP 153,481.00 987.93772519 1.13812133 0.00000000 0.00000000
B1 19,783,000.00 999.40889299 0.59838498 0.00000000 0.00000000
B2 11,804,000.00 999.41736191 0.58994493 0.00000000 0.00000000
B3 7,359,000.00 999.42727409 0.57997690 0.00000000 0.00000000
B4 4,393,000.00 999.41481220 0.59251764 0.00000000 0.00000000
B5 3,650,000.00 999.41347671 0.59390411 0.00000000 0.00000000
B6 3,837,286.00 999.41559738 0.59175678 0.00000000 0.00000000
BX 0.00 0.00000000 0.00000000 0.00000000 0.00000000
R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000
MBIA 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
</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>
R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A1 0.00000000 15.21844660 969.56310680 0.96956311 15.21844660
1-A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A3 0.00000000 66.35979659 885.62338341 0.88562338 66.35979659
1-A4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A6 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-A7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1-A8 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1-AP 0.00000000 24.97479410 956.96026552 0.95696027 24.97479410
2-A1 0.00000000 14.18511066 971.62977867 0.97162978 14.18511066
2-A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A3 0.00000000 12.04248678 966.07658389 0.96607658 12.04248678
2-A5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-A6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
2-A7 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2-AP 0.00000000 13.68055785 979.75481705 0.97975482 13.68055785
3-A1 0.00000000 5.98304319 988.63715338 0.98863715 5.98304319
3-AP 0.00000000 0.85634422 994.42955297 0.99442955 0.85634422
3-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
4-A1 0.00000000 0.93697018 983.68700598 0.98368701 0.93697018
4-AP 0.00000000 1.13812133 986.79960386 0.98679960 1.13812133
B1 0.00000000 0.59838498 998.81050801 0.99881051 0.59838498
B2 0.00000000 0.58994493 998.82741782 0.99882742 0.58994493
B3 0.00000000 0.57997690 998.84729719 0.99884730 0.57997690
B4 0.00000000 0.59251764 998.82229456 0.99882229 0.59251764
B5 0.00000000 0.59390411 998.81957260 0.99881957 0.59390411
B6 0.00000000 0.59175678 998.82384060 0.99882384 0.59175678
BX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
MBIA 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>
R 100.00 9.50000% 0.00 0.00 0.00 0.00
1-A1 103,000,000.00 7.75000% 101,432,500.00 655,084.90 0.00 0.00
1-A2 0.00 9.50000% 18,684,934.21 147,922.40 0.00 0.00
1-A3 108,500,000.00 7.22000% 103,290,175.03 621,462.55 0.00 0.00
1-A4 0.00 2.28000% 103,290,175.03 196,251.33 0.00 0.00
1-A5 3,955,000.00 8.00000% 3,955,000.00 26,366.67 0.00 0.00
1-A6 0.00 9.50000% 624,473.68 4,943.75 0.00 0.00
1-A7 46,400,000.00 8.00000% 46,400,000.00 309,333.33 0.00 0.00
1-A8 0.00 9.50000% 7,326,315.79 58,000.00 0.00 0.00
1-AP 3,840,569.00 0.00000% 3,771,189.35 0.00 0.00 0.00
2-A1 59,640,000.00 7.75000% 58,794,000.00 379,711.25 0.00 0.00
2-A2 0.00 8.25000% 3,563,272.73 24,497.50 0.00 0.00
2-A3 90,000,000.00 8.25000% 88,030,716.36 605,211.17 0.00 0.00
2-A5 25,000,000.00 7.65000% 25,000,000.00 159,375.00 0.00 0.00
2-A4 0.00 8.25000% 1,666,666.67 11,458.33 0.00 0.00
2-A6 34,000,000.00 8.00000% 34,000,000.00 226,666.67 0.00 0.00
2-A7 0.00 8.25000% 1,030,303.03 7,083.33 0.00 0.00
2-AP 1,371,539.10 0.00000% 1,362,535.46 0.00 0.00 0.00
3-A1 74,836,000.00 8.25000% 74,433,397.03 511,729.60 0.00 0.00
3-AP 716,219.00 0.00000% 712,842.68 0.00 0.00 0.00
3-AX 0.00 8.25000% 2,263,897.41 15,564.29 0.00 0.00
4-A1 44,963,000.00 8.25000% 44,271,647.83 304,367.58 0.00 0.00
4-AP 153,481.00 0.00000% 151,629.67 0.00 0.00 0.00
B1 19,783,000.00 8.25000% 19,771,306.13 135,927.73 0.00 0.00
B2 11,804,000.00 8.25000% 11,797,122.54 81,105.22 0.00 0.00
B3 7,359,000.00 9.04345% 7,354,785.31 55,427.19 0.00 0.00
B4 4,393,000.00 8.91473% 4,390,429.27 32,616.24 0.00 0.00
B5 3,650,000.00 8.90004% 3,647,859.19 27,055.07 0.00 0.00
B6 3,837,286.00 8.91594% 3,835,043.48 28,494.19 0.00 0.00
BX 0.00 9.50000% 2,015,902.95 15,959.23 0.00 0.00
R-1 0.00 0.00000% 0.00 0.00 0.00 0.00
MBIA 0.00 0.05000% 25,000,000.00 1,041.67 0.00 0.00
Totals 647,202,194.10 4,642,656.19 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>
R 0.00 0.00 0.02 0.00 0.00
1-A1 0.06 0.00 655,084.83 0.00 99,865,000.00
1-A2 0.01 0.00 147,922.38 0.00 18,396,184.21
1-A3 0.06 0.00 621,462.50 0.00 96,090,137.10
1-A4 0.02 0.00 196,251.31 0.00 96,090,137.10
1-A5 0.00 0.00 26,366.66 0.00 3,955,000.00
1-A6 0.00 0.00 4,943.75 0.00 624,473.68
1-A7 0.03 0.00 309,333.30 0.00 46,400,000.00
1-A8 0.01 0.00 57,999.99 0.00 7,326,315.79
1-AP 0.00 0.00 0.00 0.00 3,675,271.93
2-A1 0.00 0.00 379,711.25 0.00 57,948,000.00
2-A2 0.00 0.00 24,497.50 0.00 3,512,000.00
2-A3 0.00 0.00 605,211.17 0.00 86,946,892.55
2-A5 0.00 0.00 159,375.00 0.00 25,000,000.00
2-A4 0.00 0.00 11,458.33 0.00 1,666,666.67
2-A6 0.00 0.00 226,666.67 0.00 34,000,000.00
2-A7 0.00 0.00 7,083.33 0.00 1,030,303.03
2-AP 0.00 0.00 0.00 0.00 1,343,772.04
3-A1 0.00 0.00 511,729.60 0.00 73,985,650.01
3-AP 0.00 0.00 0.00 0.00 712,229.34
3-AX 0.00 0.00 15,564.29 0.00 2,241,349.20
4-A1 0.02 0.00 304,367.56 0.00 44,229,518.85
4-AP 0.00 0.00 0.00 0.00 151,454.99
B1 0.01 0.00 135,927.72 0.00 19,759,468.28
B2 0.01 0.00 81,105.21 0.00 11,790,158.84
B3 0.00 0.00 55,427.19 0.00 7,350,517.26
B4 0.00 0.00 32,616.24 0.00 4,387,826.34
B5 0.00 0.00 27,055.06 0.00 3,645,691.44
B6 0.00 0.00 28,494.19 0.00 3,832,772.74
BX 0.00 0.00 15,959.23 0.00 2,014,818.31
R-1 0.00 0.00 0.00 0.00 0.00
MBIA 0.00 0.00 1,041.67 0.00 25,000,000.00
Totals 0.23 0.00 4,642,655.95 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>
R 100.00 9.50000% 0.00000000 0.00000000 0.00000000 0.00000000
1-A1 103,000,000.00 7.75000% 984.78155340 6.36004757 0.00000000 0.00000000
1-A2 0.00 9.50000% 984.78155340 7.79618752 0.00000000 0.00000000
1-A3 108,500,000.00 7.22000% 951.98318000 5.72776544 0.00000000 0.00000000
1-A4 0.00 2.28000% 951.98318000 1.80876802 0.00000000 0.00000000
1-A5 3,955,000.00 8.00000% 1000.00000000 6.66666751 0.00000000 0.00000000
1-A6 0.00 9.50000% 1000.00000000 7.91666672 0.00000000 0.00000000
1-A7 46,400,000.00 8.00000% 1000.00000000 6.66666659 0.00000000 0.00000000
1-A8 0.00 9.50000% 1000.00000000 7.91666667 0.00000000 0.00000000
1-AP 3,840,569.00 0.00000% 981.93505962 0.00000000 0.00000000 0.00000000
2-A1 59,640,000.00 7.75000% 985.81488934 6.36672116 0.00000000 0.00000000
2-A2 0.00 8.25000% 985.81489133 6.77747737 0.00000000 0.00000000
2-A3 90,000,000.00 8.25000% 978.11907067 6.72456856 0.00000000 0.00000000
2-A5 25,000,000.00 7.65000% 1000.00000000 6.37500000 0.00000000 0.00000000
2-A4 0.00 8.25000% 1000.00000000 6.87499799 0.00000000 0.00000000
2-A6 34,000,000.00 8.00000% 1000.00000000 6.66666676 0.00000000 0.00000000
2-A7 0.00 8.25000% 1000.00000000 6.87499677 0.00000000 0.00000000
2-AP 1,371,539.10 0.00000% 993.43537490 0.00000000 0.00000000 0.00000000
3-A1 74,836,000.00 8.25000% 994.62019656 6.83801379 0.00000000 0.00000000
3-AP 716,219.00 0.00000% 995.28591115 0.00000000 0.00000000 0.00000000
3-AX 0.00 8.25000% 990.10865929 6.80699498 0.00000000 0.00000000
4-A1 44,963,000.00 8.25000% 984.62397594 6.76928986 0.00000000 0.00000000
4-AP 153,481.00 0.00000% 987.93772519 0.00000000 0.00000000 0.00000000
B1 19,783,000.00 8.25000% 999.40889299 6.87093616 0.00000000 0.00000000
B2 11,804,000.00 8.25000% 999.41736191 6.87099458 0.00000000 0.00000000
B3 7,359,000.00 9.04345% 999.42727409 7.53189156 0.00000000 0.00000000
B4 4,393,000.00 8.91473% 999.41481220 7.42459367 0.00000000 0.00000000
B5 3,650,000.00 8.90004% 999.41347671 7.41234795 0.00000000 0.00000000
B6 3,837,286.00 8.91594% 999.41559738 7.42561018 0.00000000 0.00000000
BX 0.00 9.50000% 999.46947728 7.91246586 0.00000000 0.00000000
R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000
MBIA 0.00 0.05000% 1000.00000000 0.04166680 0.00000000 0.00000000
<FN>
(5) Per $1 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>
R 0.00000000 0.00000000 0.20000000 0.00000000 0.00000000
1-A1 0.00000058 0.00000000 6.36004689 0.00000000 969.56310680
1-A2 0.00000053 0.00000000 7.79618646 0.00000000 969.56310680
1-A3 0.00000055 0.00000000 5.72776498 0.00000000 885.62338341
1-A4 0.00000018 0.00000000 1.80876783 0.00000000 885.62338341
1-A5 0.00000000 0.00000000 6.66666498 0.00000000 1000.00000000
1-A6 0.00000000 0.00000000 7.91666672 0.00000000 1000.00000000
1-A7 0.00000065 0.00000000 6.66666595 0.00000000 1000.00000000
1-A8 0.00000136 0.00000000 7.91666530 0.00000000 1000.00000000
1-AP 0.00000000 0.00000000 0.00000000 0.00000000 956.96026552
2-A1 0.00000000 0.00000000 6.36672116 0.00000000 971.62977867
2-A2 0.00000000 0.00000000 6.77747737 0.00000000 971.62977989
2-A3 0.00000000 0.00000000 6.72456856 0.00000000 966.07658389
2-A5 0.00000000 0.00000000 6.37500000 0.00000000 1000.00000000
2-A4 0.00000000 0.00000000 6.87499799 0.00000000 1000.00000000
2-A6 0.00000000 0.00000000 6.66666676 0.00000000 1000.00000000
2-A7 0.00000000 0.00000000 6.87499677 0.00000000 1000.00000000
2-AP 0.00000000 0.00000000 0.00000000 0.00000000 979.75481705
3-A1 0.00000000 0.00000000 6.83801379 0.00000000 988.63715338
3-AP 0.00000000 0.00000000 0.00000000 0.00000000 994.42955297
3-AX 0.00000000 0.00000000 6.80699498 0.00000000 980.24726810
4-A1 0.00000044 0.00000000 6.76928942 0.00000000 983.68700598
4-AP 0.00000000 0.00000000 0.00000000 0.00000000 986.79960386
B1 0.00000051 0.00000000 6.87093565 0.00000000 998.81050801
B2 0.00000085 0.00000000 6.87099373 0.00000000 998.82741782
B3 0.00000000 0.00000000 7.53189156 0.00000000 998.84729719
B4 0.00000000 0.00000000 7.42459367 0.00000000 998.82229456
B5 0.00000000 0.00000000 7.41234521 0.00000000 998.81957260
B6 0.00000000 0.00000000 7.42561018 0.00000000 998.82384060
BX 0.00000000 0.00000000 7.91246586 0.00000000 998.93172095
R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
MBIA 0.00000000 0.00000000 0.04166680 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 16,318,892.79
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 0.00
Realized Losses 0.00
Total Deposits 16,318,892.79
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 343,419.21
Payment of Interest and Principal 15,975,473.58
Total Withdrawals (Pool Distribution Amount) 16,318,892.79
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 343,419.21
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 343,419.21
</TABLE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
Reserve Fund-MBIA 8,000.00 0.00 0.00 8,000.00
Reserve Fund-MBIA 999.99 0.00 0.00 999.99
</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 73 0 0 0 73
19,687,623.91 0.00 0.00 0.00 19,687,623.91
60 Days 5 0 0 0 5
1,512,378.75 0.00 0.00 0.00 1,512,378.75
90 Days 1 0 0 0 1
51,500.00 0.00 0.00 0.00 51,500.00
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 79 0 0 0 79
21,251,502.66 0.00 0.00 0.00 21,251,502.66
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 2.244772% 0.000000% 0.000000% 0.000000% 2.244772%
3.148092% 0.000000% 0.000000% 0.000000% 3.148092%
60 Days 0.153752% 0.000000% 0.000000% 0.000000% 0.153752%
0.241833% 0.000000% 0.000000% 0.000000% 0.241833%
90 Days 0.030750% 0.000000% 0.000000% 0.000000% 0.030750%
0.008235% 0.000000% 0.000000% 0.000000% 0.008235%
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 2.429274% 0.000000% 0.000000% 0.000000% 2.429274%
3.398160% 0.000000% 0.000000% 0.000000% 3.398160%
</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
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 48 0 0 0 48
9,211,152.85 0.00 0.00 0.00 9,211,152.85
60 Days 4 0 0 0 4
1,218,085.68 0.00 0.00 0.00 1,218,085.68
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 52 0 0 0 52
10,429,238.53 0.00 0.00 0.00 10,429,238.53
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 3.401843% 0.000000% 0.000000% 0.000000% 3.401843%
3.332957% 0.000000% 0.000000% 0.000000% 3.332957%
60 Days 0.283487% 0.000000% 0.000000% 0.000000% 0.283487%
0.440751% 0.000000% 0.000000% 0.000000% 0.440751%
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 3.685330% 0.000000% 0.000000% 0.000000% 3.685330%
3.773708% 0.000000% 0.000000% 0.000000% 3.773708%
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
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 16 0 0 0 16
9,803,982.81 0.00 0.00 0.00 9,803,982.81
60 Days 1 0 0 0 1
294,293.07 0.00 0.00 0.00 294,293.07
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 17 0 0 0 17
10,098,275.88 0.00 0.00 0.00 10,098,275.88
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 2.377415% 0.000000% 0.000000% 0.000000% 2.377415%
4.445293% 0.000000% 0.000000% 0.000000% 4.445293%
60 Days 0.148588% 0.000000% 0.000000% 0.000000% 0.148588%
0.133438% 0.000000% 0.000000% 0.000000% 0.133438%
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 2.526003% 0.000000% 0.000000% 0.000000% 2.526003%
4.578731% 0.000000% 0.000000% 0.000000% 4.578731%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<S> <C> <C> <C> <C> <C>
Group 3 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 3 0 0 0 3
303,269.61 0.00 0.00 0.00 303,269.61
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
90 Days 1 0 0 0 1
51,500.00 0.00 0.00 0.00 51,500.00
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 4 0 0 0 4
354,769.61 0.00 0.00 0.00 354,769.61
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.398406% 0.000000% 0.000000% 0.000000% 0.398406%
0.386366% 0.000000% 0.000000% 0.000000% 0.386366%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
90 Days 0.132802% 0.000000% 0.000000% 0.000000% 0.132802%
0.065611% 0.000000% 0.000000% 0.000000% 0.065611%
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 0.531208% 0.000000% 0.000000% 0.000000% 0.531208%
0.451977% 0.000000% 0.000000% 0.000000% 0.451977%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<S> <C> <C> <C> <C> <C>
Group 4 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 6 0 0 0 6
369,218.64 0.00 0.00 0.00 369,218.64
60 Days 0 0 0 0 0
0.00 0.00 0.00 0.00 0.00
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 6 0 0 0 6
369,218.64 0.00 0.00 0.00 369,218.64
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.445783% 0.000000% 0.000000% 0.000000% 1.445783%
0.738785% 0.000000% 0.000000% 0.000000% 0.738785%
60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
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 1.445783% 0.000000% 0.000000% 0.000000% 1.445783%
0.738785% 0.000000% 0.000000% 0.000000% 0.738785%
</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 Mixed Fixed
Weighted Average Gross Coupon 9.401744%
Weighted Average Net Coupon 8.754193%
Weighted Average Pass-Through Rate 8.754193%
Weighted Average Maturity(Stepdown Calculation ) 322
Beginning Scheduled Collateral Loan Count 3,296
Number Of Loans Paid In Full 44
Ending Scheduled Collateral Loan Count 3,252
Beginning Scheduled Collateral Balance 636,402,184.69
Ending Scheduled Collateral Balance 625,069,367.06
Ending Actual Collateral Balance at 31-Aug-2000 625,382,665.47
Monthly P &I Constant 5,368,676.01
Ending Scheduled Balance for Premium Loans 625,069,367.06
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<S> <C>
Group ID 1 2 3 4 Total
Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Mixed Fixed
Weighted Average Coupon Rate 9.817822 9.049693 9.063540 9.128695
Weighted Average Net Rate 9.374343 8.199452 8.412159 8.224979
Weighted Average Maturity 304.00 328.00 354.00 348.00
Beginning Loan Count 1,447 676 758 415 3,296
Loans Paid In Full 36 3 5 0 44
Ending Loan Count 1,411 673 753 415 3,252
Beginning Scheduled Balance 285,113,136.45 222,379,723.02 78,912,139.98 49,997,185.24 636,402,184.69
Ending scheduled Balance 276,235,549.92 220,420,844.54 78,461,550.25 49,951,422.35 625,069,367.06
Record Date 8/31/00 8/31/00 8/31/00 8/31/00
Principal And Interest Constant 2,486,226.71 1,828,177.87 642,821.05 411,450.38 5,368,676.01
Scheduled Principal 153,568.40 151,121.11 46,801.59 31,109.51 382,600.61
Unscheduled Principal 8,724,018.13 1,807,757.37 403,788.14 14,653.38 10,950,217.02
Scheduled Interest 2,332,658.31 1,677,056.76 596,019.46 380,340.87 4,986,075.40
Servicing Fees 105,368.11 157,563.52 42,834.87 37,652.71 343,419.21
Master Servicing Fees 0.00 0.00 0.00 0.00 0.00
Trustee Fee 0.00 0.00 0.00 0.00 0.00
FRY Amount 0.00 0.00 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00 0.00 0.00
Spread Fee 1 0.00 0.00 0.00 0.00 0.00
Spread Fee 2 0.00 0.00 0.00 0.00 0.00
Spread Fee 3 0.00 0.00 0.00 0.00 0.00
Net Interest 2,227,290.20 1,519,493.24 553,184.59 342,688.16 4,642,656.19
Realized Loss Amount 0.00 0.00 0.00 0.00 0.00
Cumulative Realized Loss 0.00 0.00 0.00 0.00 0.00
Percentage of Cumulative Losses 0.00 0.00 0.00 0.00 0.00
</TABLE>
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