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Previous: DELTA FUNDING HOME EQUITY LOAN TRUST 2000-3, 8-K, 2000-11-07 |
Next: MORGAN STANLEY ABS CAPITAL I TRUST 2000-1, 8-K, 2000-11-07 |
<TABLE>
<CAPTION>
Delta Funding Corporation
Mortgage Pass-Through Certificates
Record Date: 9/30/00
Distribution Date: 10/16/00
DFH 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_1F 24763LGZ7 SEN 7.26000% 42,000,000.00 254,100.00 238,163.70
A_2F 24763LHA1 SEN 7.17000% 12,000,000.00 71,700.00 0.00
A_3F 24763LHB9 SEN 7.31000% 29,000,000.00 176,658.33 0.00
A_4F 24763LHC7 SEN 7.61000% 8,000,000.00 50,733.33 0.00
A_5F 24763LHD5 SEN 7.89000% 17,500,000.00 115,062.50 0.00
A_6F 24763LHE3 SEN 7.51000% 12,000,000.00 75,100.00 0.00
IOF 24763LHF0 SEN 9.20000% 0.00 374,133.33 0.00
A_1A 24763LHG8 SEN 6.87000% 55,000,000.00 188,925.00 108,705.42
M_1 24763LHH6 MEZ 7.89000% 9,500,000.00 62,462.50 0.00
M_2 24763LHJ2 MEZ 7.89000% 8,500,000.00 55,887.50 0.00
B 24763LHK9 JUN 7.89000% 6,500,000.00 42,737.50 0.00
BIO DFH003BIO JUN 0.00000% 0.00 298,845.70 0.00
R_1 DFH0003R1 SEN 0.00000% 0.00 0.00 0.00
R_2 DFH0003R2 SEN 0.00000% 0.00 0.00 0.00
R_3 DFH0003R3 SEN 0.00000% 0.00 0.00 0.00
P DFH00003P JUN 0.00000% 100.00 0.00 0.00
Totals 200,000,100.00 1,766,345.69 346,869.12
</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 41,761,836.30 492,263.70 0.00
A_2F 0.00 12,000,000.00 71,700.00 0.00
A_3F 0.00 29,000,000.00 176,658.33 0.00
A_4F 0.00 8,000,000.00 50,733.33 0.00
A_5F 0.00 17,500,000.00 115,062.50 0.00
A_6F 0.00 12,000,000.00 75,100.00 0.00
IOF 0.00 0.00 374,133.33 0.00
A_1A 0.00 54,891,294.58 297,630.42 0.00
M_1 0.00 9,500,000.00 62,462.50 0.00
M_2 0.00 8,500,000.00 55,887.50 0.00
B 0.00 6,500,000.00 42,737.50 0.00
BIO 0.00 0.00 298,845.70 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
P 0.00 100.00 0.00 0.00
Totals 0.00 199,653,230.88 2,113,214.81 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 42,000,000.00 42,000,000.00 117,913.06 120,250.64 0.00 0.00
A_2F 12,000,000.00 12,000,000.00 0.00 0.00 0.00 0.00
A_3F 29,000,000.00 29,000,000.00 0.00 0.00 0.00 0.00
A_4F 8,000,000.00 8,000,000.00 0.00 0.00 0.00 0.00
A_5F 17,500,000.00 17,500,000.00 0.00 0.00 0.00 0.00
A_6F 12,000,000.00 12,000,000.00 0.00 0.00 0.00 0.00
IOF 0.00 0.00 0.00 0.00 0.00 0.00
A_1A 55,000,000.00 55,000,000.00 18,211.76 90,493.66 0.00 0.00
M_1 9,500,000.00 9,500,000.00 0.00 0.00 0.00 0.00
M_2 8,500,000.00 8,500,000.00 0.00 0.00 0.00 0.00
B 6,500,000.00 6,500,000.00 0.00 0.00 0.00 0.00
BIO 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
100.00 100.00 0.00 0.00 0.00 0.00
Totals 200,000,200.00 200,000,200.00 136,124.82 210,744.30 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 238,163.70 41,761,836.30 0.99432944 238,163.70
A_2F 0.00 12,000,000.00 1.00000000 0.00
A_3F 0.00 29,000,000.00 1.00000000 0.00
A_4F 0.00 8,000,000.00 1.00000000 0.00
A_5F 0.00 17,500,000.00 1.00000000 0.00
A_6F 0.00 12,000,000.00 1.00000000 0.00
IOF 0.00 0.00 0.00000000 0.00
A_1A 108,705.42 54,891,294.58 0.99802354 108,705.42
M_1 0.00 9,500,000.00 1.00000000 0.00
M_2 0.00 8,500,000.00 1.00000000 0.00
B 0.00 6,500,000.00 1.00000000 0.00
BIO 0.00 0.00 0.00000000 0.00
P 0.00 100.00 1.00000000 0.00
P 0.00 100.00 1.00000000 0.00
Totals 346,869.12 199,653,330.88 0.99826566 346,869.12
</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 42,000,000.00 1000.00000000 2.80745381 2.86311048 0.00000000
A_2F 12,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A_3F 29,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A_4F 8,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A_5F 17,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
A_6F 12,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
IOF 0.00 0.00000000 0.00000000 0.00000000 0.00000000
A_1A 55,000,000.00 1000.00000000 0.33112291 1.64533927 0.00000000
M_1 9,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M_2 8,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
B 6,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
BIO 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
P 100.00 1000.00000000 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>
A_1F 0.00000000 5.67056429 994.32943571 0.99432944 5.67056429
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 1.97646218 998.02353782 0.99802354 1.97646218
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
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
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_1F 42,000,000.00 7.26000% 42,000,000.00 254,100.00 0.00 0.00
A_2F 12,000,000.00 7.17000% 12,000,000.00 71,700.00 0.00 0.00
A_3F 29,000,000.00 7.31000% 29,000,000.00 176,658.33 0.00 0.00
A_4F 8,000,000.00 7.61000% 8,000,000.00 50,733.33 0.00 0.00
A_5F 17,500,000.00 7.89000% 17,500,000.00 115,062.50 0.00 0.00
A_6F 12,000,000.00 7.51000% 12,000,000.00 75,100.00 0.00 0.00
IOF 0.00 9.20000% 48,800,000.00 374,133.33 0.00 0.00
A_1A 55,000,000.00 6.87000% 55,000,000.00 188,925.00 0.00 0.00
M_1 9,500,000.00 7.89000% 9,500,000.00 62,462.50 0.00 0.00
M_2 8,500,000.00 7.89000% 8,500,000.00 55,887.50 0.00 0.00
B 6,500,000.00 7.89000% 6,500,000.00 42,737.50 0.00 0.00
BIO 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
P 100.00 0.00000% 100.00 0.00 0.00 0.00
Totals 200,000,100.00 1,467,499.99 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 0.00 254,100.00 0.00 41,761,836.30
A_2F 0.00 0.00 71,700.00 0.00 12,000,000.00
A_3F 0.00 0.00 176,658.33 0.00 29,000,000.00
A_4F 0.00 0.00 50,733.33 0.00 8,000,000.00
A_5F 0.00 0.00 115,062.50 0.00 17,500,000.00
A_6F 0.00 0.00 75,100.00 0.00 12,000,000.00
IOF 0.00 0.00 374,133.33 0.00 48,800,000.00
A_1A 0.00 0.00 188,925.00 0.00 54,891,294.58
M_1 0.00 0.00 62,462.50 0.00 9,500,000.00
M_2 0.00 0.00 55,887.50 0.00 8,500,000.00
B 0.00 0.00 42,737.50 0.00 6,500,000.00
BIO 0.00 0.00 298,845.70 0.00 0.00
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
P 0.00 0.00 0.00 0.00 100.00
Totals 0.00 0.00 1,766,345.69 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 42,000,000.00 7.26000% 1000.00000000 6.05000000 0.00000000 0.00000000
A_2F 12,000,000.00 7.17000% 1000.00000000 5.97500000 0.00000000 0.00000000
A_3F 29,000,000.00 7.31000% 1000.00000000 6.09166655 0.00000000 0.00000000
A_4F 8,000,000.00 7.61000% 1000.00000000 6.34166625 0.00000000 0.00000000
A_5F 17,500,000.00 7.89000% 1000.00000000 6.57500000 0.00000000 0.00000000
A_6F 12,000,000.00 7.51000% 1000.00000000 6.25833333 0.00000000 0.00000000
IOF 0.00 9.20000% 1000.00000000 7.66666660 0.00000000 0.00000000
A_1A 55,000,000.00 6.87000% 1000.00000000 3.43500000 0.00000000 0.00000000
M_1 9,500,000.00 7.89000% 1000.00000000 6.57500000 0.00000000 0.00000000
M_2 8,500,000.00 7.89000% 1000.00000000 6.57500000 0.00000000 0.00000000
B 6,500,000.00 7.89000% 1000.00000000 6.57500000 0.00000000 0.00000000
BIO 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
P 100.00 0.00000% 1000.00000000 0.00000000 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>
A_1F 0.00000000 0.00000000 6.05000000 0.00000000 994.32943571
A_2F 0.00000000 0.00000000 5.97500000 0.00000000 1000.00000000
A_3F 0.00000000 0.00000000 6.09166655 0.00000000 1000.00000000
A_4F 0.00000000 0.00000000 6.34166625 0.00000000 1000.00000000
A_5F 0.00000000 0.00000000 6.57500000 0.00000000 1000.00000000
A_6F 0.00000000 0.00000000 6.25833333 0.00000000 1000.00000000
IOF 0.00000000 0.00000000 7.66666660 0.00000000 1000.00000000
A_1A 0.00000000 0.00000000 3.43500000 0.00000000 998.02353782
M_1 0.00000000 0.00000000 6.57500000 0.00000000 1000.00000000
M_2 0.00000000 0.00000000 6.57500000 0.00000000 1000.00000000
B 0.00000000 0.00000000 6.57500000 0.00000000 1000.00000000
BIO 0.00000000 0.00000000 0.00000000 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
P 0.00000000 0.00000000 0.00000000 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 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>
OC 0.00000% 0.00 0.00 1,975.51 1,975.51 100.00000000%
FSA 0.08000% 175,500,000.00 175,153,130.88 0.00 0.00 99.80235378%
FSA_PAYBACK 0.00000% 0.00 0.00 0.00 0.00 0.00000000%
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 1,520,753.76
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 688,862.91
Realized Losses 0.00
Total Deposits 2,209,616.67
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 96,401.86
Payment of Interest and Principal 2,113,214.81
Total Withdrawals (Pool Distribution Amount) 2,209,616.67
Ending Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 32.86
Servicing Fee Support 32.86
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 79,733.92
Trusee - Wells Fargo Bank N.A. 5,000.80
Supported Prepayment/Curtailment Interest Shortfall 32.86
Net Servicing Fee 84,701.86
</TABLE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
Net Rate Cap Fund 5,000.00 0.00 5,000.00 10,000.00
LIBOR Carryover Fund 5,000.00 0.00 5,000.00 10,000.00
</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 57 0 0 0 57
4,003,103.47 0.00 0.00 0.00 4,003,103.47
60 Days 16 0 0 0 16
660,670.52 0.00 0.00 0.00 660,670.52
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 73 0 0 0 73
4,663,773.99 0.00 0.00 0.00 4,663,773.99
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 1.970954% 0.000000% 0.000000% 0.000000% 1.970954%
2.006221% 0.000000% 0.000000% 0.000000% 2.006221%
60 Days 0.553250% 0.000000% 0.000000% 0.000000% 0.553250%
0.331106% 0.000000% 0.000000% 0.000000% 0.331106%
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 2.524205% 0.000000% 0.000000% 0.000000% 2.524205%
2.337327% 0.000000% 0.000000% 0.000000% 2.337327%
</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 42 0 0 0 42
3,144,096.67 0.00 0.00 0.00 3,144,096.67
60 Days 11 0 0 0 11
325,138.37 0.00 0.00 0.00 325,138.37
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 53 0 0 0 53
3,469,235.04 0.00 0.00 0.00 3,469,235.04
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.916058% 0.000000% 0.000000% 0.000000% 1.916058%
2.174484% 0.000000% 0.000000% 0.000000% 2.174484%
60 Days 0.501825% 0.000000% 0.000000% 0.000000% 0.501825%
0.224869% 0.000000% 0.000000% 0.000000% 0.224869%
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 2.417883% 0.000000% 0.000000% 0.000000% 2.417883%
2.399353% 0.000000% 0.000000% 0.000000% 2.399353%
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 15 0 0 0 15
859,006.80 0.00 0.00 0.00 859,006.80
60 Days 5 0 0 0 5
335,532.15 0.00 0.00 0.00 335,532.15
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 20 0 0 0 20
1,194,538.95 0.00 0.00 0.00 1,194,538.95
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 2.142857% 0.000000% 0.000000% 0.000000% 2.142857%
1.563422% 0.000000% 0.000000% 0.000000% 1.563422%
60 Days 0.714286% 0.000000% 0.000000% 0.000000% 0.714286%
0.610680% 0.000000% 0.000000% 0.000000% 0.610680%
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 2.857143% 0.000000% 0.000000% 0.000000% 2.857143%
2.174101% 0.000000% 0.000000% 0.000000% 2.174101%
</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 688,862.91
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed & Mixed ARM
Weighted Average Gross Coupon 11.236562%
Weighted Average Net Coupon 10.758163%
Weighted Average Pass-Through Rate 10.728159%
Weighted Average Maturity(Stepdown Calculation ) 360
Beginning Scheduled Collateral Loan Count 2,897
Number Of Loans Paid In Full 5
Ending Scheduled Collateral Loan Count 2,892
Beginning Scheduled Collateral Balance 200,002,075.51
Ending Scheduled Collateral Balance 199,655,206.39
Ending Actual Collateral Balance at 30-Sep-2000 199,534,473.70
Monthly P &I Constant 2,012,504.71
Ending Scheduled Balance for Premium Loans 199,655,206.39
Required Overcollateralization Amount 0.00
Overcollateralized Increase Amount 0.00
Overcollateralized reduction Amount 0.00
Specified O/C Amount 0.00
Overcollateralized Amount 1,975.51
Overcollateralized Deficiency Amount 0.00
Base Overcollateralized Amount 0.00
Extra principal distribution Amount 0.00
Excess Cash Amount 308,845.70
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<S> <C>
Group ID 1 2 Total
Collateral Description Mixed Fixed Mixed ARM
Weighted Average Coupon Rate 11.204465 11.321181
Weighted Average Net Rate 10.729831 10.832857
Weighted Average Maturity 208.00 358.00
Beginning Loan Count 2,196 701 2,897
Loans Paid In Full 4 1 5
Ending Loan Count 2,192 700 2,892
Beginning Scheduled Balance 145,001,151.24 55,000,824.27 200,001,975.51
Ending scheduled Balance 144,712,543.56 54,942,662.83 199,655,206.39
Record Date 9/30/00 9/30/00
Principal And Interest Constant 1,474,862.51 537,642.20 2,012,504.71
Scheduled Principal 117,913.06 18,211.76 136,124.82
Unscheduled Principal 170,694.62 40,049.68 210,744.30
Scheduled Interest 1,356,949.45 519,430.44 1,876,379.89
Servicing Fees 60,417.15 22,917.00 83,334.15
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 3,625.02 1,375.02 5,000.04
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 1,292,907.28 495,138.42 1,788,045.70
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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