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Previous: OPTION ONE MORTGAGE ACCEPTANCE CORP ASS BACK CERT SER 2000 4, 8-K, 2001-01-08 |
Next: BANK UNITED CORP LITIGATION CONTINGENT PAYMENTS RIGHTS TRUST, S-4/A, 2001-01-08 |
<TABLE>
<CAPTION>
Option One Mortgage Loan Trust
Mortgage Pass-Through Certificates
Record Date: 11/30/2000
Distribution Date: 12/26/2000
OOMC Series: 2000-4
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 68389FBD5 SEQ 6.86750% 86,963,928.84 481,097.74 566,614.63
M-1 68389FBE3 SEQ 7.21750% 4,500,000.00 26,163.44 0.00
M-2 68389FBF0 SEQ 7.66750% 3,500,000.00 21,618.09 0.00
M-3 68389FBG8 SEQ 8.51750% 3,000,000.00 20,583.96 0.00
C OPT00004C SUB 0.00000% 1,999,900.00 217,562.66 0.00
P OPT00004P SEQ 0.00000% 100.00 0.00 0.00
R-1 OPT0004R1 RES 0.00000% 0.00 0.00 0.00
R-2 OPT0004R2 RES 0.00000% 0.00 0.00 0.00
Totals 99,963,928.84 767,025.89 566,614.63
</TABLE>
<TABLE>
<CAPTION>
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<S> <C> <C> <C> <C>
A 0.00 86,397,314.21 1,047,712.37 0.00
M-1 0.00 4,500,000.00 26,163.44 0.00
M-2 0.00 3,500,000.00 21,618.09 0.00
M-3 0.00 3,000,000.00 20,583.96 0.00
C 0.00 1,999,900.00 217,562.66 0.00
P 0.00 100.00 0.00 0.00
R-1 0.00 0.00 0.00 0.00
R-2 0.00 0.00 0.00 0.00
Totals 0.00 99,397,314.21 1,333,640.52 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 87,000,000.00 86,963,928.84 0.00 566,614.63 0.00 0.00
M-1 4,500,000.00 4,500,000.00 0.00 0.00 0.00 0.00
M-2 3,500,000.00 3,500,000.00 0.00 0.00 0.00 0.00
M-3 3,000,000.00 3,000,000.00 0.00 0.00 0.00 0.00
C 1,999,900.00 1,999,900.00 0.00 0.00 0.00 0.00
P 100.00 100.00 0.00 0.00 0.00 0.00
R-1 0.00 0.00 0.00 0.00 0.00 0.00
R-2 0.00 0.00 0.00 0.00 0.00 0.00
Totals 100,000,000.00 99,963,928.84 0.00 566,614.63 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 566,614.63 86,397,314.21 0.99307258 566,614.63
M-1 0.00 4,500,000.00 1.00000000 0.00
M-2 0.00 3,500,000.00 1.00000000 0.00
M-3 0.00 3,000,000.00 1.00000000 0.00
C 0.00 1,999,900.00 1.00000000 0.00
P 0.00 100.00 1.00000000 0.00
R-1 0.00 0.00 0.00000000 0.00
R-2 0.00 0.00 0.00000000 0.00
Totals 566,614.63 99,397,314.21 0.99397314 566,614.63
</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>
A 87,000,000.00 999.58538897 0.00000000 6.51281184 0.00000000
M-1 4,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-2 3,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
M-3 3,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
C 1,999,900.00 1000.00000000 0.00000000 0.00000000 0.00000000
P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000
R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000
R-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) Per $1,000 denomination except for class P which is per $100.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<S> <C> <C> <C> <C> <C>
A 0.00000000 6.51281184 993.07257713 0.99307258 6.51281184
M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<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 87,000,000.00 6.86750% 86,963,928.84 481,097.74 0.00 0.00
M-1 4,500,000.00 7.21750% 4,500,000.00 26,163.44 0.00 0.00
M-2 3,500,000.00 7.66750% 3,500,000.00 21,618.09 0.00 0.00
M-3 3,000,000.00 8.51750% 3,000,000.00 20,583.96 0.00 0.00
C 1,999,900.00 0.00000% 1,999,900.00 217,562.66 0.00 0.00
P 100.00 0.00000% 100.00 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
Totals 100,000,000.00 767,025.89 0.00 0.00
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (4) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
A 0.00 0.00 481,097.74 0.00 86,397,314.21
M-1 0.00 0.00 26,163.44 0.00 4,500,000.00
M-2 0.00 0.00 21,618.09 0.00 3,500,000.00
M-3 0.00 0.00 20,583.96 0.00 3,000,000.00
C 0.00 0.00 217,562.66 0.00 1,999,900.00
P 0.00 0.00 0.00 0.00 100.00
R-1 0.00 0.00 0.00 0.00 0.00
R-2 0.00 0.00 0.00 0.00 0.00
Totals 0.00 0.00 767,025.89 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 87,000,000.00 6.86750% 999.58538897 5.52985908 0.00000000 0.00000000
M-1 4,500,000.00 7.21750% 1000.00000000 5.81409778 0.00000000 0.00000000
M-2 3,500,000.00 7.66750% 1000.00000000 6.17659714 0.00000000 0.00000000
M-3 3,000,000.00 8.51750% 1000.00000000 6.86132000 0.00000000 0.00000000
C 1,999,900.00 0.00000% 1000.00000000 108.78676934 0.00000000 0.00000000
P 100.00 0.00000% 1000.00000000 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
<FN>
(5) Per $1,000 Denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<S> <C> <C> <C> <C> <C>
A 0.00000000 0.00000000 5.52985908 0.00000000 993.07257713
M-1 0.00000000 0.00000000 5.81409778 0.00000000 1000.00000000
M-2 0.00000000 0.00000000 6.17659714 0.00000000 1000.00000000
M-3 0.00000000 0.00000000 6.86132000 0.00000000 1000.00000000
C 0.00000000 0.00000000 108.78676934 0.00000000 1000.00000000
P 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000
R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<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 1,410,054.49
Liquidations, Insurance Proceeds, Reserve Funds 0.00
Proceeds from Repurchased Loans 0.00
Other Amounts (Servicer Advances) 889.70
Realized Losses 0.00
Total Deposits 1,410,944.19
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 77,303.67
Payment of Interest and Principal 1,333,640.52
Total Withdrawals (Pool Distribution Amount) 1,410,944.19
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 39,564.10
Trustee Fee 514.35
PMI Policy Fee 37,225.22
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 77,303.67
</TABLE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Beginning Current Current Ending
Account Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
Reserve Fund 1,000.00 0.00 0.00 1,000.00
</TABLE>
<TABLE>
<CAPTION> LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<S> <C> <C> <C> <C> <C>
No of Loans No of Loans No of Loans No of Loans No of Loans
Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance
0-29 Days 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 0 0 2 0 2
0.00 0.00 303,947.56 0.00 303,947.56
60 Days 0 0 1 0 1
0.00 0.00 332,768.28 0.00 332,768.28
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 3 0 3
0.00 0.00 636,715.84 0.00 636,715.84
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% 0.564972% 0.000000% 0.564972%
0.000000% 0.000000% 0.321311% 0.000000% 0.321311%
60 Days 0.000000% 0.000000% 0.282486% 0.000000% 0.282486%
0.000000% 0.000000% 0.351778% 0.000000% 0.351778%
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% 0.847458% 0.000000% 0.847458%
0.000000% 0.000000% 0.673090% 0.000000% 0.673090%
</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 0 0 2 0 2
0.00 0.00 303,947.56 0.00 303,947.56
60 Days 0 0 1 0 1
0.00 0.00 332,768.28 0.00 332,768.28
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 3 0 3
0.00 0.00 636,715.84 0.00 636,715.84
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% 3.773585% 0.000000% 3.773585%
0.000000% 0.000000% 1.892370% 0.000000% 1.892370%
60 Days 0.000000% 0.000000% 1.886792% 0.000000% 1.886792%
0.000000% 0.000000% 2.071807% 0.000000% 2.071807%
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% 5.660377% 0.000000% 5.660377%
0.000000% 0.000000% 3.964177% 0.000000% 3.964177%
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 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
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%
<FN>
(7) Delinquencies are stratified according to the information the Servicer has provided. All 90+ delinquencies
are reported in the 90 day delinquency field.
</FN>
</TABLE>
<TABLE>
<CAPTION>
OTHER INFORMATION
<S> <C>
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 0.00
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 889.70
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
Class M-1 8,500,000.00 8.50000000% 8,500,000.00 8.98641212% 4.757512% 0.000000%
Class M-2 5,000,000.00 5.00000000% 5,000,000.00 5.28612478% 3.700287% 0.000000%
Class M-3 2,000,000.00 2.00000000% 2,000,000.00 2.11444991% 3.171675% 0.000000%
Class C 100.00 0.00010000% 100.00 0.00010572% 2.114344% 0.000000%
Class R-I 100.00 0.00010000% 100.00 0.00010572% 0.000000% 0.000000%
Class R-II 100.00 0.00010000% 100.00 0.00010572% 0.000000% 0.000000%
Class P 0.00 0.00000000% 0.00 0.00000000% 0.000106% 0.000000%
<FN>
Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
</FN>
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed & Mixed ARM
Weighted Average Gross Coupon 10.670393%
Weighted Average Net Coupon 10.170393%
Weighted Average Pass-Through Rate 9.693452%
Weighted Average Maturity(Stepdown Calculation ) 341
Beginning Scheduled Collateral Loan Count 289
Number Of Loans Paid In Full (65)
Ending Scheduled Collateral Loan Count 354
Beginning Scheduled Collateral Balance 75,607,556.93
Ending Scheduled Collateral Balance 94,587,248.90
Ending Actual Collateral Balance at 30-Nov-2000 94,596,013.32
Monthly P &I Constant 861,361.03
Ending Scheduled Balance for Premium Loans 94,587,248.90
Scheduled Principal 45,131.78
Unscheduled Principal 521,482.85
Required Overcollateralization Amount 0.00
Overcollateralized Increase Amount 0.00
Overcollateralized reduction Amount 0.00
Specified O/C Amount 1,999,900.00
Overcollateralized Amount 1,999,900.00
Overcollateralized Deficiency Amount 0.00
Base Overcollateralized Amount 0.00
Extra principal distribution Amount 0.00
Excess Cash Amount 217,562.66
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
Pre-Funding Account Balance 0.00
Interest Coverage Account Balance 0.00
Excess Pre-Funding Balance Passed to Clas 199,962.31
</TABLE>
<TABLE>
<CAPTION>
Group Level Collateral Statement
<S> <C>
Group ID 1 2 Total
Collateral Description Mixed Fixed Mixed ARM
Weighted Average Coupon Rate 10.657811 10.645969
Weighted Average Net Rate 9.706918 9.666204
Weighted Average Maturity (2.00) (2.00)
Beginning Loan Count 45 244 289
Loans Paid In Full (8) (57) (65)
Ending Loan Count 53 301 354
Beginning Scheduled Balance 13,934,357.99 61,673,198.94 75,607,556.93
Ending scheduled Balance 16,059,961.30 78,527,287.60 94,587,248.90
Record Date 11/30/2000 11/30/2000
Principal And Interest Constant 153,513.54 707,847.49 861,361.03
Scheduled Principal 10,771.18 34,360.60 45,131.78
Unscheduled Principal 1,125.51 520,357.34 521,482.85
Scheduled Interest 142,742.36 701,587.18 844,329.54
Servicing Fees 6,696.60 32,867.50 39,564.10
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 87.06 427.29 514.35
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 5,951.86 31,273.36 37,225.22
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 130,006.84 637,019.03 767,025.87
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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