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Previous: DELTA FUNDING HOME EQUITY LOAN TRUST 2000-3, 8-K, 2000-12-28 |
Next: SEAGATE SOFTWARE INFORMATION MANAGEMENT GROUP HOLDINGS INC, S-8, 2000-12-28 |
<TABLE>
<CAPTION>
Delta Funding Corporation
Home Equity Loan Asset-Backed Certificates
Record Date: 11/30/2000
Distribution Date: 12/15/2000
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% 40,519,491.24 245,142.92 799,937.33
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% 54,324,249.11 311,006.32 365,116.62
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% 0.00 255,279.15 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 197,843,840.35 1,835,903.38 1,165,053.95
</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 39,719,553.91 1,045,080.25 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 53,959,132.49 676,122.94 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 0.00 255,279.15 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 0.00 196,678,786.40 3,000,957.33 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 40,519,491.24 128,764.46 671,172.87 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 54,324,249.11 19,113.62 346,003.00 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 200,000,200.00 197,843,940.35 147,878.08 1,017,175.87 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 799,937.33 39,719,553.91 0.94570366 799,937.33
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 365,116.62 53,959,132.49 0.98107514 365,116.62
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 1,165,053.95 196,678,886.40 0.98339345 1,165,053.95
</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 42,000,000.00 964.74979143 3.06582048 15.98030643 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 55,000,000.00 987.71362018 0.34752036 6.29096364 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
</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 19.04612690 945.70366452 0.94570366 19.04612690
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 6.63848400 981.07513618 0.98107514 6.63848400
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% 40,519,491.24 245,142.92 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% 54,324,249.11 311,006.33 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 1,580,624.24 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement (continued)
Payment of 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 0.00 245,142.92 0.00 39,719,553.91
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 46,400,000.00
A_1A 0.00 0.00 311,006.32 0.00 53,959,132.49
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 0.00 255,279.15 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 1,835,903.38 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% 964.74979143 5.83673619 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% 987.71362018 5.65466055 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 5.83673619 0.00000000 945.70366452
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 950.81967213
A_1A 0.00000000 0.00000000 5.65466036 0.00000000 981.07513618
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% 173,343,740.35 172,178,686.40 0.00 0.00 98.10751362%
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 2,060,359.82
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 1,037,883.94
Realized Losses 0.00
Total Deposits 3,098,243.76
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 97,286.43
Payment of Interest and Principal 3,000,957.33
Total Withdrawals (Pool Distribution Amount) 3,098,243.76
Ending Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment/Curtailment Interest Shortfall 1,660.77
Servicing Fee Support 1,660.77
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 82,444.81
Trusee - Wells Fargo Bank N.A. 4,946.14
Supported Prepayment/Curtailment Interest Shortfall 1,660.77
Net Servicing Fee 85,730.18
</TABLE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
Net Rate Cap Fund 10,000.00 0.00 0.00 10,000.00
LIBOR Carryover Fund 10,000.00 0.00 0.00 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 244 0 0 0 244
16,309,308.86 0.00 0.00 0.00 16,309,308.86
60 Days 67 0 0 0 67
3,950,166.93 0.00 0.00 0.00 3,950,166.93
90 Days 24 1 0 0 25
1,309,951.48 46,805.96 0.00 0.00 1,356,757.44
120 Days 7 1 0 0 8
255,455.20 59,437.76 0.00 0.00 314,892.96
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 342 2 0 0 344
21,824,882.47 106,243.72 0.00 0.00 21,931,126.19
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 8.507671% 0.000000% 0.000000% 0.000000% 8.507671%
8.289697% 0.000000% 0.000000% 0.000000% 8.289697%
60 Days 2.336123% 0.000000% 0.000000% 0.000000% 2.336123%
2.007791% 0.000000% 0.000000% 0.000000% 2.007791%
90 Days 0.836820% 0.034868% 0.000000% 0.000000% 0.871688%
0.665822% 0.023791% 0.000000% 0.000000% 0.689613%
120 Days 0.244073% 0.034868% 0.000000% 0.000000% 0.278940%
0.129843% 0.030211% 0.000000% 0.000000% 0.160054%
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 11.924686% 0.069735% 0.000000% 0.000000% 11.994421%
11.093153% 0.054002% 0.000000% 0.000000% 11.147154%
<FN>
(7) The 120 day category for deliquent, bankruptcy, forclosure, and REO contains loans that are 120 days or more deliquent.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Delinquency Status By Groups
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 161 0 0 0 161
10,617,525.21 0.00 0.00 0.00 10,617,525.21
60 Days 45 0 0 0 45
2,614,984.38 0.00 0.00 0.00 2,614,984.38
90 Days 11 0 0 0 11
556,111.50 0.00 0.00 0.00 556,111.50
120 Days 6 0 0 0 6
207,064.52 0.00 0.00 0.00 207,064.52
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 223 0 0 0 223
13,995,685.61 0.00 0.00 0.00 13,995,685.61
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 7.415937% 0.000000% 0.000000% 0.000000% 7.415937%
7.452228% 0.000000% 0.000000% 0.000000% 7.452228%
60 Days 2.072778% 0.000000% 0.000000% 0.000000% 2.072778%
1.835405% 0.000000% 0.000000% 0.000000% 1.835405%
90 Days 0.506679% 0.000000% 0.000000% 0.000000% 0.506679%
0.390324% 0.000000% 0.000000% 0.000000% 0.390324%
120 Days 0.276370% 0.000000% 0.000000% 0.000000% 0.276370%
0.145334% 0.000000% 0.000000% 0.000000% 0.145334%
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 10.271764% 0.000000% 0.000000% 0.000000% 10.271764%
9.823291% 0.000000% 0.000000% 0.000000% 9.823291%
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 83 0 0 0 83
5,691,783.65 0.00 0.00 0.00 5,691,783.65
60 Days 22 0 0 0 22
1,335,182.55 0.00 0.00 0.00 1,335,182.55
90 Days 13 1 0 0 14
753,839.98 46,805.96 0.00 0.00 800,645.94
120 Days 1 1 0 0 2
48,390.68 59,437.76 0.00 0.00 107,828.44
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 119 2 0 0 121
7,829,196.86 106,243.72 0.00 0.00 7,935,440.58
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 11.908178% 0.000000% 0.000000% 0.000000% 11.908178%
10.488399% 0.000000% 0.000000% 0.000000% 10.488399%
60 Days 3.156385% 0.000000% 0.000000% 0.000000% 3.156385%
2.460376% 0.000000% 0.000000% 0.000000% 2.460376%
90 Days 1.865136% 0.143472% 0.000000% 0.000000% 2.008608%
1.389121% 0.086251% 0.000000% 0.000000% 1.475371%
120 Days 0.143472% 0.143472% 0.000000% 0.000000% 0.286944%
0.089171% 0.109528% 0.000000% 0.000000% 0.198698%
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 17.073171% 0.286944% 0.000000% 0.000000% 17.360115%
14.427066% 0.195778% 0.000000% 0.000000% 14.622844%
</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 1,037,883.94
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed & Mixed ARM
Weighted Average Gross Coupon 11.735506%
Weighted Average Net Coupon 11.235507%
Weighted Average Pass-Through Rate 11.205508%
Weighted Average Maturity (Stepdown Calculation) 358
Beginning Scheduled Collateral Loan Count 2,875
Number Of Loans Paid In Full 7
Ending Scheduled Collateral Loan Count 2,868
Beginning Scheduled Collateral Balance 197,845,815.86
Ending Scheduled Collateral Balance 196,680,761.91
Ending Actual Collateral Balance at 30-Nov-2000 196,741,926.94
Monthly P &I Constant 2,082,719.63
Ending Scheduled Balance for Premium Loans 196,680,761.91
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 255,279.16
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
Curtailments Group F $35,458.79
Curtailments Group A $329,437.07
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<S> <C>
Group ID 1 2 Total
Collateral Description Mixed Fixed Mixed ARM
Weighted Average Coupon Rate 11.804931 11.553181
Weighted Average Net Rate 11.304933 11.053378
Weighted Average Maturity 206.00 356.00
Record Date 11/30/00 11/30/00
Principal And Interest Constant 1,537,904.51 544,815.12 2,082,719.63
Beginning Loan Count 2,177 698 2,875
Loans Paid In Full 6 1 7
Ending Loan Count 2,171 697 2,868
Beginning Scheduled Balance 143,242,514.59 54,603,301.27 197,845,815.86
Ending scheduled Balance 142,424,325.32 54,256,436.59 196,680,761.91
Scheduled Principal 128,764.46 19,113.62 147,878.08
Unscheduled Principal 689,424.81 327,751.06 1,017,175.87
Scheduled Interest 1,409,140.05 525,701.50 1,934,841.55
Servicing Fees 59,684.39 22,751.37 82,435.76
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 3,581.06 1,365.08 4,946.14
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 1,345,874.60 501,585.05 1,847,459.65
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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