WELLS FARGO ASSET SECURITIES CORP MORT BK SEC 2000-10 TRUST
8-K, EX-99.1, 2000-12-11
ASSET-BACKED SECURITIES
Previous: WELLS FARGO ASSET SECURITIES CORP MORT BK SEC 2000-10 TRUST, 8-K, 2000-12-11
Next: MORTGAGE ASSET BACKED PASS THROUGH CERT SERIES 2000-1, 8-K, 2000-12-11




<TABLE>
<CAPTION>
Wells Fargo Asset Securities Corporation
Mortgage Pass-Through Certificates



Record Date:            10/31/00
Distribution Date:      11/27/00


WFMBS  Series: 2000-10

Contact: Customer Service - SecuritiesLink
         Wells Fargo Bank Minnesota, N.A.
         Securities Administration Services
         7485 New Horizon Way
         Frederick, MD 21703
         Telephone: (301) 846-8130
         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-PO       94976CAC0         PO           0.00000%        121,267.80            0.00          130.09
    A-1        94976CAA4         SEQ          7.00000%    118,696,000.00      692,393.33      137,037.42
    A-2        94976CAB2         SEQ          7.00000%     51,313,400.00      299,328.17            0.00
    A-R        94976CAD8         RES          7.00000%            100.00            0.58          100.00
    B-1        94976CAE6         SUB          7.00000%      3,069,000.00       17,902.50        2,177.78
    B-2        94976CAF3         SUB          7.00000%        789,000.00        4,602.50          559.88
    B-3        94976CAG1         SUB          7.00000%        439,000.00        2,560.83          311.52
    B-4        94976CAH9         SUB          7.00000%        438,000.00        2,555.00          310.81
    B-5        94976CAJ5         SUB          7.00000%        263,000.00        1,534.17          186.63
    B-6        94976CAK2         SUB          7.00000%        263,866.96        1,539.22          151.78
Totals                                                    175,392,634.76    1,022,416.30      140,965.91
</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-PO                           0.00             121,137.71                   130.09                      0.00
A-1                            0.00         118,558,962.58               829,430.75                      0.00
A-2                            0.00          51,313,400.00               299,328.17                      0.00
A-R                            0.00                   0.00                   100.58                      0.00
B-1                            0.00           3,066,822.22                20,080.28                      0.00
B-2                            0.00             788,440.12                 5,162.38                      0.00
B-3                            0.00             438,688.48                 2,872.35                      0.00
B-4                            0.00             437,689.19                 2,865.81                      0.00
B-5                            0.00             262,813.37                 1,720.80                      0.00
B-6                           35.46             263,679.72                 1,691.00                     35.46
Totals                        35.46         175,251,633.39             1,163,382.21                     35.46
<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-PO                    121,267.80         121,267.80              98.36           31.73           0.00            0.00
A-1                 118,696,000.00     118,696,000.00         120,551.71       16,485.71           0.00            0.00
A-2                  51,313,400.00      51,313,400.00               0.00            0.00           0.00            0.00
A-R                         100.00             100.00              87.97           12.03           0.00            0.00
B-1                   3,069,000.00       3,069,000.00           2,177.78            0.00           0.00            0.00
B-2                     789,000.00         789,000.00             559.88            0.00           0.00            0.00
B-3                     439,000.00         439,000.00             311.52            0.00           0.00            0.00
B-4                     438,000.00         438,000.00             310.81            0.00           0.00            0.00
B-5                     263,000.00         263,000.00             186.63            0.00           0.00            0.00
B-6                     263,866.96         263,866.96             151.78            0.00           0.00           35.46
Totals              175,392,634.76     175,392,634.76         124,436.44       16,529.47           0.00           35.46
<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-PO                                130.09            121,137.71           0.99892725            130.09
A-1                             137,037.42        118,558,962.58           0.99884548        137,037.42
A-2                                   0.00         51,313,400.00           1.00000000              0.00
A-R                                 100.00                  0.00           0.00000000            100.00
B-1                               2,177.78          3,066,822.22           0.99929039          2,177.78
B-2                                 559.88            788,440.12           0.99929039            559.88
B-3                                 311.52            438,688.48           0.99929039            311.52
B-4                                 310.81            437,689.19           0.99929039            310.81
B-5                                 186.63            262,813.37           0.99929038            186.63
B-6                                 187.24            263,679.72           0.99929040            151.78
Totals                          141,001.37        175,251,633.39           0.99919608        140,965.91

</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-PO                      121,267.80       1000.00000000         0.81109742          0.26165231        0.00000000
A-1                   118,696,000.00       1000.00000000         1.01563414          0.13889019        0.00000000
A-2                    51,313,400.00       1000.00000000         0.00000000          0.00000000        0.00000000
A-R                           100.00       1000.00000000       879.70000000        120.30000000        0.00000000
B-1                     3,069,000.00       1000.00000000         0.70960573          0.00000000        0.00000000
B-2                       789,000.00       1000.00000000         0.70960710          0.00000000        0.00000000
B-3                       439,000.00       1000.00000000         0.70961276          0.00000000        0.00000000
B-4                       438,000.00       1000.00000000         0.70961187          0.00000000        0.00000000
B-5                       263,000.00       1000.00000000         0.70961977          0.00000000        0.00000000
B-6                       263,866.96       1000.00000000         0.57521412          0.00000000        0.00000000
<FN>
(2) 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-PO                    0.00000000          1.07274973            998.92725027          0.99892725         1.07274973
A-1                     0.00000000          1.15452433            998.84547567          0.99884548         1.15452433
A-2                     0.00000000          0.00000000          1,000.00000000          1.00000000         0.00000000
A-R                     0.00000000       1000.00000000              0.00000000          0.00000000      1000.00000000
B-1                     0.00000000          0.70960573            999.29039427          0.99929039         0.70960573
B-2                     0.00000000          0.70960710            999.29039290          0.99929039         0.70960710
B-3                     0.00000000          0.70961276            999.29038724          0.99929039         0.70961276
B-4                     0.00000000          0.70961187            999.29038813          0.99929039         0.70961187
B-5                     0.00000000          0.70961977            999.29038023          0.99929038         0.70961977
B-6                     0.13438590          0.70960002            999.29039998          0.99929040         0.57521412
<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-PO                  121,267.80        0.00000%         121,267.80                0.00           0.00             0.00
A-1               118,696,000.00        7.00000%     118,696,000.00          692,393.33           0.00             0.00
A-2                51,313,400.00        7.00000%      51,313,400.00          299,328.17           0.00             0.00
A-R                       100.00        7.00000%             100.00                0.58           0.00             0.00
B-1                 3,069,000.00        7.00000%       3,069,000.00           17,902.50           0.00             0.00
B-2                   789,000.00        7.00000%         789,000.00            4,602.50           0.00             0.00
B-3                   439,000.00        7.00000%         439,000.00            2,560.83           0.00             0.00
B-4                   438,000.00        7.00000%         438,000.00            2,555.00           0.00             0.00
B-5                   263,000.00        7.00000%         263,000.00            1,534.17           0.00             0.00
B-6                   263,866.96        7.00000%         263,866.96            1,539.22           0.00             0.00
Totals            175,392,634.76                                           1,022,416.30           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-PO                           0.00                0.00                 0.00                0.00         121,137.71
 A-1                            0.00                0.00           692,393.33                0.00     118,558,962.58
 A-2                            0.00                0.00           299,328.17                0.00      51,313,400.00
 A-R                            0.00                0.00                 0.58                0.00               0.00
 B-1                            0.00                0.00            17,902.50                0.00       3,066,822.22
 B-2                            0.00                0.00             4,602.50                0.00         788,440.12
 B-3                            0.00                0.00             2,560.83                0.00         438,688.48
 B-4                            0.00                0.00             2,555.00                0.00         437,689.19
 B-5                            0.00                0.00             1,534.17                0.00         262,813.37
 B-6                            0.00                0.00             1,539.22                0.00         263,679.72
 Totals                         0.00                0.00         1,022,416.30                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-PO                    121,267.80        0.00000%        1000.00000000        0.00000000        0.00000000        0.00000000
A-1                 118,696,000.00        7.00000%        1000.00000000        5.83333331        0.00000000        0.00000000
A-2                  51,313,400.00        7.00000%        1000.00000000        5.83333340        0.00000000        0.00000000
A-R                         100.00        7.00000%        1000.00000000        5.80000000        0.00000000        0.00000000
B-1                   3,069,000.00        7.00000%        1000.00000000        5.83333333        0.00000000        0.00000000
B-2                     789,000.00        7.00000%        1000.00000000        5.83333333        0.00000000        0.00000000
B-3                     439,000.00        7.00000%        1000.00000000        5.83332574        0.00000000        0.00000000
B-4                     438,000.00        7.00000%        1000.00000000        5.83333333        0.00000000        0.00000000
B-5                     263,000.00        7.00000%        1000.00000000        5.83334601        0.00000000        0.00000000
B-6                     263,866.96        7.00000%        1000.00000000        5.83331843        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-PO                  0.00000000        0.00000000         0.00000000          0.00000000          998.92725027
A-1                   0.00000000        0.00000000         5.83333331          0.00000000          998.84547567
A-2                   0.00000000        0.00000000         5.83333340          0.00000000         1000.00000000
A-R                   0.00000000        0.00000000         5.80000000          0.00000000            0.00000000
B-1                   0.00000000        0.00000000         5.83333333          0.00000000          999.29039427
B-2                   0.00000000        0.00000000         5.83333333          0.00000000          999.29039290
B-3                   0.00000000        0.00000000         5.83332574          0.00000000          999.29038724
B-4                   0.00000000        0.00000000         5.83333333          0.00000000          999.29038813
B-5                   0.00000000        0.00000000         5.83334601          0.00000000          999.29038023
B-6                   0.00000000        0.00000000         5.83331843          0.00000000          999.29039998
<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                                                           1,235,885.40
    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                                                                                   1,235,885.40

Withdrawals
    Reimbursement for Servicer Advances                                                                  0.00
    Payment of Service Fee                                                                          39,023.50
    Payment of Interest and Principal                                                            1,163,382.21
Total Withdrawals (Pool Distribution Amount)                                                     1,202,405.71

Ending Balance                                                                                      33,479.68

</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                                                                                 36,538.86
Master Servicing Fee                                                                                 2,484.64
Supported Prepayment/Curtailment Interest Shortfall                                                      0.00
Net Servicing Fee                                                                                   39,023.50


</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   0                     0                      0                      0                      0
          0.00                  0.00                   0.00                   0.00                   0.00

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    0                     0                      0                      0                      0
          0.00                  0.00                   0.00                   0.00                   0.00


          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   0.000000%             0.000000%              0.000000%              0.000000%              0.000000%
          0.000000%             0.000000%              0.000000%              0.000000%              0.000000%

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    0.000000%             0.000000%              0.000000%              0.000000%              0.000000%
          0.000000%             0.000000%              0.000000%              0.000000%              0.000000%

</TABLE>




<TABLE>
<CAPTION>

                                                       OTHER INFORMATION

<S>                                                                             <C>
Current Period Realized Loss - Includes Interest Shortfall                                          35.46
Cumulative Realized Losses - Includes Interest Shortfall                                            35.46
Current Period Class A Insufficient Funds                                                            0.00
Principal Balance of Contaminated Properties                                                         0.00
Periodic Advance                                                                                37,742.27
</TABLE>

<TABLE>

<CAPTION>
                                 SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE


                                                                                           Current           Next
                      Original $     Original %           Current $      Current %          Class%     Prepayment%

<S>      <C>       <C>               <C>              <C>               <C>             <C>            <C>
Class    A          5,261,866.96      3.00005013%       5,258,133.10    3.00033329%      96.997591%      0.000000%
Class    B-1        2,192,866.96      1.25026171%       2,191,310.88    1.25037972%       1.751164%     58.325306%
Class    B-2        1,403,866.96      0.80041386%       1,402,870.76    0.80048941%       0.450202%     14.994678%
Class    B-3          964,866.96      0.55011829%         964,182.28    0.55017021%       0.250492%      8.343046%
Class    B-4          526,866.96      0.30039286%         526,493.09    0.30042122%       0.249922%      8.324042%
Class    B-5          263,866.96      0.15044358%         263,679.72    0.15045778%       0.150067%      4.998226%
Class    B-6                0.00      0.00000000%               0.00    0.00000000%       0.150562%      5.014702%
<FN>
Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
</FN>
</TABLE>



<TABLE>
<CAPTION>

                                                       CREDIT ENHANCEMENT

                                    Original $        Original %         Current $        Current %
<S>                         <C>               <C>               <C>               <C>
                 Bankruptcy         100,000.00       0.05701494%        100,000.00       0.05706081%
                      Fraud       3,507,852.70       2.00000000%      3,507,852.70       2.00160913%
             Special Hazard       2,790,503.58       1.59100385%      2,790,503.58       1.59228392%
<FN>
Limit of Subordinate's Exposure to Certain Types of Losses
</FN>
</TABLE>



 <TABLE>
 <CAPTION>
                               COLLATERAL STATEMENT
 <S>                                                                       <C>
 Collateral Description                                            Fixed 30 Year

 Weighted Average Gross Coupon                                         7.763085%
 Weighted Average Pass-Through Rate                                    7.000000%
 Weighted Average Maturity(Stepdown Calculation )                            358
 Beginning Scheduled Collateral Loan Count                                   458

 Number Of Loans Paid In Full                                                  0
 Ending Scheduled Collateral Loan Count                                      458
 Beginning Scheduled Collateral Balance                           175,392,634.76
 Ending Scheduled Collateral Balance                              175,251,633.40
 Ending Actual Collateral Balance at 31-Oct-2000                  172,616,740.79
 Ending Scheduled Balance For Norwest                             172,781,199.60
 Ending Scheduled Balance For Other Services                        2,470,433.80
 Monthly P &I Constant                                              1,185,876.25
 Class A Optimal Amount                                             1,128,859.50
 Class AP Deferred Amount                                                   0.00
 Ending Scheduled Balance for Premium Loans                       166,846,343.86
 Ending scheduled Balance For discounted Loans                      8,405,289.54
 Unpaid Principal Balance Of Outstanding Mortgage Loans
 With Original LTV:
     Less Than Or Equal To 80%                                    136,115,497.82
     Greater Than 80%, less than or equal to 85%                    4,554,872.08
     Greater than 85%, less than or equal to 95%                   34,579,087.50
     Greater than 95%                                                       0.00

 </TABLE>













© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission