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Previous: PHOENIX EDGE SERIES FUND, N-30D, 2000-03-08 |
Next: KAUFMAN & BROAD HOME CORP, SC 13D/A, 2000-03-08 |
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 25, 2000
GE CAPITAL MORTGAGE SERVICES, INC.
----------------------------------
(as Seller and Servicer under Pooling and
Servicing Agreements each providing for the
issuance of a Series of Mortgage Pass-Through Certificates)
GE Capital Mortgage Services, Inc.
----------------------------------
(formerly known as Travelers Mortgage Services, Inc.)
(Exact name of registrant as specified in its charter)
New Jersey 33-5042 21-0627285
---------- ------- ----------
(State or Other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
Three Executive Campus
Cherry Hill, New Jersey 08002
----------------------- -----
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including
area code (609) 661-6100
<PAGE>
Item 5. Other Events
- ------- ------------
On February 25, 2000 GE Capital Mortgage Services, Inc. ("GECMSI") passed
through to Certificateholders of Mortgage Pass-Through Certificates principal
and interest payments as required for the various Series of Mortgage
Pass-Through Certificates listed below and as detailed in Item 7, Financial
Statements, Pro Forma Financial Information and Exhibits, of this Report.
Series Distribution on Series
- ------ ----------------------
Series 1999-01 $6,883,218.71
Series 1999-02 $2,380,696.39
Series 1999-03 $2,843,359.79
Series 1999-04 $4,775,828.90
Series 1999-05 $7,581,787.45
Series 1999-HE1 $9,500,103.69
Series 1999-06 $6,787,337.85
Series 1999-09 $3,981,443.86
Series 1999-10 $2,146,891.50
Series GEM99-1 $4,820,422.49
Series 1999-11 $8,284,553.59
Series 1999-12 $1,761,115.45
Series 1999-13 $4,739,699.70
Series 1999-14 $2,498,200.58
Series 1999-HE2 $4,317,280.78
Series 1999-15 $8,536,908.48
Series 1999-16 $2,261,784.45
Series 1999-17 $3,760,532.66
Series 1999-19 $2,562,165.99
Series 1999-18 $4,587,591.43
Series 1999-HE3 $8,636,567.96
Series 1999-20 $4,863,028.39
Series 1999-21 $2,102,689.64
Series 2000-01 $4,713,498.44
Series 2000-02 $2,946,526.61
$118,273,234.78
Less HE1-3 $95,819,282.35
Item 7. Financial Statements and Exhibits
- ------- ---------------------------------
Attached as Exhibits to Item 7 are the "Servicer's Certificate" and the
"Distribution Date Statement" filed as part of this Report.
Series Exhibit No. Description
- ------ ----------- -----------
Series 1999-01 99.1 Servicer's Certificate
99.2 Distribution Date Statment
Series 1999-02 99.3 Servicer's Certificate
99.4 Distribution Date Statment
Series 1999-04 99.5 Servicer's Certificate
99.6 Distribution Date Statment
Series 1999-03 99.7 Servicer's Certificate
99.8 Distribution Date Statment
Series 1999-05 99.9 Servicer's Certificate
99.10 Distribution Date Statment
Series 1999-01 HE 99.11 Servicer's Certificate
99.12 Distribution Date Statment
Series 1999-06 99.13 Servicer's Certificate
99.14 Distribution Date Statment
Series GEM1999-01 99.17 Servicer's Certificate
99.18 Distribution Date Statment
Series 1999-09 99.19 Servicer's Certificate
99.20 Distribution Date Statment
Series 1999-10 99.15 Servicer's Certificate
99.16 Distribution Date Statment
Series 1999-11 99.21 Servicer's Certificate
99.22 Distribution Date Statment
Series 1999-12 99.23 Servicer's Certificate
99.24 Distribution Date Statment
Series 1999-13 99.25 Servicer's Certificate
99.26 Distribution Date Statment
Series 1999-14 99.27 Servicer's Certificate
99.28 Distribution Date Statment
Series 1999-02 HE 99.29 Servicer's Certificate
99.30 Distribution Date Statment
Series 1999-15 99.31 Servicer's Certificate
99.32 Distribution Date Statment
Series 1999-16 99.33 Servicer's Certificate
99.34 Distribution Date Statment
Series 1999-17 99.35 Servicer's Certificate
99.36 Distribution Date Statment
Series 1999-19 99.37 Servicer's Certificate
99.38 Distribution Date Statment
Series 1999-18 99.39 Servicer's Certificate
99.40 Distribution Date Statment
Series 1999-03 HE 99.41 Servicer's Certificate
99.42 Distribution Date Statment
Series 1999-20 99.43 Servicer's Certificate
99.44 Distribution Date Statment
Series 1999-21 99.45 Servicer's Certificate
99.46 Distribution Date Statment
Series 2000-01 99.47 Servicer's Certificate
99.48 Distribution Date Statment
Series 2000-02 99.49 Servicer's Certificate
99.50 Distribution Date Statment
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
----------------------------------------
Name: Tim Neer
Title: Vice President, Investor Relations
Dated as of : February 25, 2000
<PAGE>
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
- ----------- -----------
99.1 Series 1999-01 Servicer's Certificate
99.2 Series 1999-01 Distribution Date Statement
99.3 Series 1999-02 Servicer's Certificate
99.4 Series 1999-02 Distribution Date Statement
99.5 Series 1999-04 Servicer's Certificate
99.6 Series 1999-04 Distribution Date Statement
99.7 Series 1999-03 Servicer's Certificate
99.8 Series 1999-03 Distribution Date Statement
99.9 Series 1999-05 Servicer's Certificate
99.10 Series 1999-05 Distribution Date Statement
99.11 Series 1999-01 HE Servicer's Certificate
99.12 Series 1999-01 HE Distribution Date Statement
99.13 Series 1999-06 Servicer's Certificate
99.14 Series 1999-06 Distribution Date Statement
99.15 Series 1999-10 Servicer's Certificate
99.16 Series 1999-10 Distribution Date Statement
99.17 Series GEM1999-01 Servicer's Certificate
99.18 Series GEM1999-01 Distribution Date Statement
99.19 Series 1999-09 Servicer's Certificate
99.20 Series 1999-09 Distribution Date Statement
99.21 Series 1999-11 Servicer's Certificate
99.22 Series 1999-11 Distribution Date Statement
99.23 Series 1999-12 Servicer's Certificate
99.24 Series 1999-12 Distribution Date Statement
99.25 Series 1999-13 Servicer's Certificate
99.26 Series 1999-13 Distribution Date Statement
99.27 Series 1999-14 Servicer's Certificate
99.28 Series 1999-14 Distribution Date Statement
99.29 Series 1999-02 HE Servicer's Certificate
99.30 Series 1999-02 HE Distribution Date Statement
99.31 Series 1999-15 Servicer's Certificate
99.32 Series 1999-15 Distribution Date Statement
99.33 Series 1999-16 Servicer's Certificate
99.34 Series 1999-16 Distribution Date Statement
99.35 Series 1999-17 Servicer's Certificate
99.36 Series 1999-17 Distribution Date Statement
99.37 Series 1999-19 Servicer's Certificate
99.38 Series 1999-19 Distribution Date Statement
99.39 Series 1999-18 Servicer's Certificate
99.40 Series 1999-18 Distribution Date Statement
99.41 Series 1999-03 HE Servicer's Certificate
99.42 Series 1999-03 HE Distribution Date Statement
99.43 Series 1999-20 Servicer's Certificate
99.44 Series 1999-20 Distribution Date Statement
99.45 Series 1999-21 Servicer's Certificate
99.46 Series 1999-21 Distribution Date Statement
99.47 Series 2000-01 Servicer's Certificate
99.48 Series 2000-01 Distribution Date Statement
99.49 Series 2000-02 Servicer's Certificate
99.50 Series 2000-02 Distribution Date Statement
Exhibit 99.01
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-01, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of January 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 589,800.85
--------------
(b) Interest $ 3,834,698.93
--------------
(c) Total $ 4,424,499.78
--------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 418,964.86
--------------
(b) Interest $ 2,698,834.75
--------------
(c) Total $ 3,117,799.61
--------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 170,835.99
--------------
(b) Interest $ 1,135,864.18
--------------
(c) Total $ 1,306,700.17
--------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 159,067.61
--------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 2,650,242.08
--------------
(b) Interest $ 13,594.65
--------------
(c) Total $ 2,663,836.73
--------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
--------------
(b) Interest $ 0.00
--------------
(c) Total $ 0.00
--------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
--------------
(b) Interest $ 0.00
--------------
(c) Total $ 0.00
--------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
--------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
---------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
---------------
(b) Interest $ 0.00
---------------
(c) Total $ 0.00
---------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
---------------
(b) Interest $ 0.00
---------------
(c) Total $ 0.00
---------------
12. Pool Scheduled Principal Balance: $ 640,780,885.90
---------------
13. Available Funds: $ 6,884,093.91
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
--------------
17. Compensating Interest Payment: $ 2,585.95
--------------
18. Total interest payments: $ 3,484,983.36
--------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 362,207.00 $ 0.00 $ 362,207.00 %6.499999999
A2 $ 2,771,373.61 $ 0.00 $2,771,373.61 %6.500000002
A3 $ 7,583.33 $ 0.00 $ 7,583.33 %6.499997143
A4 $ 45,181.21 $ 0.00 $ 45,181.21 %6.500000360
A5 $ 40,997.96 $ 0.00 $ 40,997.96 %6.500000132
A6 $ 18,958.33 $ 0.00 $ 18,958.33 %6.499998857
A7 $ 12,250.00 $ 0.00 $ 12,250.00 %7.000000000
A8 $ 7,583.33 $ 0.00 $ 7,583.33 %6.499997143
A9 $ 7,583.33 $ 0.00 $ 7,583.33 %6.499997143
A10 $ 7,583.33 $ 0.00 $ 7,583.33 %6.499997143
A11 $ 7,583.33 $ 0.00 $ 7,583.33 %6.499997143
A12 $ 16,250.00 $ 0.00 $ 16,250.00 %6.500000000
A13 $ 17,875.00 $ 0.00 $ 17,875.00 %6.500000000
A14 $ 5,416.67 $ 0.00 $ 5,416.67 %6.500004000
A15 $ 5,416.67 $ 0.00 $ 5,416.67 %6.500004000
M $ 69,902.36 $ 0.00 $ 69,902.36 %6.499999701
B1 $ 30,228.05 $ 0.00 $ 30,228.05 %6.500000008
B2 $ 17,003.28 $ 0.00 $ 17,003.28 %6.500001112
B3 $ 17,003.28 $ 0.00 $ 17,003.28 %6.500001112
B4 $ 7,557.01 $ 0.00 $ 7,557.01 %6.500001294
B5 $ 9,446.28 $ 0.00 $ 9,446.28 %6.500000020
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 3,399,110.55
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 1,126.61 $ 0.00
Class A1 $ 61,210.89 $ 0.00
Class A2 $ 3,311,231.20 $ 0.00
Class A3 $ 0.00 $ 0.00
Class A4 $ 0.00 $ 0.00
Class A5 $ 0.00 $ 0.00
Class A6 $ 0.00 $ 0.00
Class A7 $ 0.00 $ 0.00
Class A8 $ 0.00 $ 0.00
Class A9 $ 0.00 $ 0.00
Class A10 $ 0.00 $ 0.00
Class A11 $ 0.00 $ 0.00
Class A12 $ 0.00 $ 0.00
Class A13 $ 0.00 $ 0.00
Class A14 $ 0.00 $ 0.00
Class A15 $ 0.00 $ 0.00
Class SUP $ 0.00 $ 0.00
Class M $ 11,813.10 $ 0.00
Class B1 $ 5,108.37 $ 0.00
Class B2 $ 2,873.46 $ 0.00
Class B3 $ 2,873.46 $ 0.00
Class B4 $ 1,277.09 $ 0.00
Class B5 $ 1,596.37 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
-------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
-------------
24. Subordinate Certificate Writedown Amount: $ 0.00
-------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 129,490.26
-----------
3. Supplemental Servicing Fee amount: $ 229,835.02
-----------
4. Credit Losses for prior month: $ 0.00
-----------
Category Category Category
A B C
5. Senior Percentage: % 95.662010 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 4.337990
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.02
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-01, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of January 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.175093
----------------------
Weighted average maturity 342.83
----------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 1.14038718 $ 0.12143710 $ 0.00000000 %0.00000000
A1 $ 0.90594502 $ 0.75463753 $ 5.36080471 %6.50000000
A2 $ 5.79614129 $ 4.82809196 $ 4.85114812 %6.50000000
A3 $ 0.00000000 $ 0.00000000 $ 5.41666429 %6.49999714
A4 $ 0.00000000 $ 0.00000000 $ 5.41666697 %6.50000036
A5 $ 0.00000000 $ 0.00000000 $ 5.41666678 %6.50000013
A6 $ 0.00000000 $ 0.00000000 $ 5.41666571 %6.49999886
A7 $ 0.00000000 $ 0.00000000 $ 5.83333333 %7.00000000
A8 $ 0.00000000 $ 0.00000000 $ 5.41666429 %6.49999714
A9 $ 0.00000000 $ 0.00000000 $ 5.41666429 %6.49999714
A10 $ 0.00000000 $ 0.00000000 $ 5.41666429 %6.49999714
A11 $ 0.00000000 $ 0.00000000 $ 5.41666429 %6.49999714
A12 $ 0.00000000 $ 0.00000000 $ 5.41666667 %6.50000000
A13 $ 0.00000000 $ 0.00000000 $ 5.41666667 %6.50000000
A14 $ 0.00000000 $ 0.00000000 $ 5.41667000 %6.50000400
A15 $ 0.00000000 $ 0.00000000 $ 5.41667000 %6.50000400
M $ 0.90594537 $ 0.00000000 $ 5.36080447 %6.49999970
B1 $ 0.90594577 $ 0.00000000 $ 5.36080472 %6.50000001
B2 $ 0.90594641 $ 0.00000000 $ 5.36080563 %6.50000111
B3 $ 0.90594641 $ 0.00000000 $ 5.36080563 %6.50000111
B4 $ 0.90594448 $ 0.00000000 $ 5.36080580 %6.50000129
B5 $ 0.90594687 $ 0.00000000 $ 5.36080472 %6.50000002
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 129,490.26
------------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 640,780,885.90
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,966
-------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 959,990.56 $ 958,863.95 $ 970.59 GEC9901PO
A1 $ 66,868,984.63 $ 66,807,773.74 $ 988.78 36157RZH1
A2 $ 511,638,204.79 $ 508,326,973.59 $ 889.80 36157RZJ7
A3 $ 1,400,000.00 $ 1,400,000.00 $ 1,000.00 36157RZK4
A4 $ 8,341,146.00 $ 8,341,146.00 $ 1,000.00 36157RZL2
A5 $ 7,568,854.00 $ 7,568,854.00 $ 1,000.00 36157RZM0
A6 $ 3,500,000.00 $ 3,500,000.00 $ 1,000.00 36157RZN8
A7 $ 2,100,000.00 $ 2,100,000.00 $ 1,000.00 36157RZP3
A8 $ 1,400,000.00 $ 1,400,000.00 $ 1,000.00 36157RZQ1
A9 $ 1,400,000.00 $ 1,400,000.00 $ 1,000.00 36157RZR9
A10 $ 1,400,000.00 $ 1,400,000.00 $ 1,000.00 36157RZS7
A11 $ 1,400,000.00 $ 1,400,000.00 $ 1,000.00 36157RZT5
A12 $ 3,000,000.00 $ 3,000,000.00 $ 1,000.00 36157RZU2
A13 $ 3,300,000.00 $ 3,300,000.00 $ 1,000.00 36157RZV0
A14 $ 1,000,000.00 $ 1,000,000.00 $ 1,000.00 36157RZW8
A15 $ 1,000,000.00 $ 1,000,000.00 $ 1,000.00 36157RZX6
SUP $ 604,882,581.97 $ 601,529,250.95 $ 905.82 GEC991SUP
M $ 12,905,051.67 $ 12,893,238.57 $ 988.78 36157RZZ1
B1 $ 5,580,563.07 $ 5,575,454.70 $ 988.78 36157RA21
B2 $ 3,139,066.54 $ 3,136,193.09 $ 988.78 36157RA39
B3 $ 3,139,066.54 $ 3,136,193.09 $ 988.78 36157RA47
B4 $ 1,395,140.03 $ 1,393,862.93 $ 988.78 36157RA54
B5 $ 1,743,928.61 $ 1,742,332.25 $ 988.78 36157RA62
R $ 0.00 $ 0.00 $ 0.00 36157RZY4
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 10 Principal Balance $ 3,647,802.97
-------- -------------
2. 60-89 days
Number 2 Principal Balance $ 686,623.54
-------- -------------
3. 90 days or more
Number 1 Principal Balance $ 334,657.04
-------- -------------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
-----------
E. Other Information:
1. Special Hazard Loss Amount: $ 7,048,394.00
--------------
2. Bankruptcy Loss Amount: $ 234,320.00
--------------
3. Fraud Loss Amount: $ 7,048,394.00
--------------
4. Certificate Interest Rate of the Class S Certificate:% 0.00000000
------------
G.
Rounding Amount
Opening Reimbursement (Withdrawl) Closing
Class Balance Amount Balance
- ----- ------- ------ --------------- -------
A7_INT $ 42,000.00 $ 0.00 $ 0.00 $ 9,625.00
A13_INT $ 49,500.00 $ 0.00 $ 0.00 $ 0.00
A6 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A12 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A14 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A15 $ 999.99 $ 0.00 $ 0.00 $ 999.99
Exhibit 99.03
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-02, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of February 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 242,173.58
--------------
(b) Interest $ 1,607,683.68
--------------
(c) Total $ 1,849,857.26
--------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 223,438.75
--------------
(b) Interest $ 1,489,009.04
--------------
(c) Total $ 1,712,447.79
--------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 18,734.83
--------------
(b) Interest $ 118,674.64
--------------
(c) Total $ 137,409.47
--------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 84,321.29
--------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 593,852.71
--------------
(b) Interest $ 3,359.03
--------------
(c) Total $ 597,211.74
--------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
--------------
(b) Interest $ 0.00
--------------
(c) Total $ 0.00
--------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
--------------
(b) Interest $ 0.00
--------------
(c) Total $ 0.00
--------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
--------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
--------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
---------------
(b) Interest $ 0.00
---------------
(c) Total $ 0.00
---------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
---------------
(b) Interest $ 0.00
---------------
(c) Total $ 0.00
---------------
12. Pool Scheduled Principal Balance: $ 269,324,445.24
---------------
13. Available Funds: $ 2,380,696.38
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
--------------
17. Compensating Interest Payment: $ 463.40
--------------
18. Total interest payments: $ 1,460,348.79
--------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 1,146,230.25 $ 0.00 $ 1,146,230.25 %6.499999991
A2 $ 88,421.67 $ 0.00 $ 88,421.67 %6.500000245
A3 $ 148,010.42 $ 0.00 $ 148,010.42 %6.500000146
A4 $ 10,833.33 $ 0.00 $ 10,833.33 %6.499998000
M $ 33,030.06 $ 0.00 $ 33,030.06 %6.500000129
B1 $ 11,800.67 $ 0.00 $ 11,800.67 %6.500002091
B2 $ 7,078.25 $ 0.00 $ 7,078.25 %6.499997096
B3 $ 7,861.74 $ 0.00 $ 7,861.74 %6.499996345
B4 $ 3,150.06 $ 0.00 $ 3,150.06 %6.499991488
B5 $ 3,932.34 $ 0.00 $ 3,932.34 %6.500006281
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 920,347.59
--------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 774.79 $ 0.00
Class A1 $ 908,515.92 $ 0.00
Class A2 $ 0.00 $ 0.00
Class A3 $ 0.00 $ 0.00
Class A4 $ 0.00 $ 0.00
Class SUP $ 0.00 $ 0.00
Class M $ 5,462.86 $ 0.00
Class B1 $ 1,951.72 $ 0.00
Class B2 $ 1,170.68 $ 0.00
Class B3 $ 1,300.26 $ 0.00
Class B4 $ 520.99 $ 0.00
Class B5 $ 650.37 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
--------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
--------------
24. Subordinate Certificate Writedown Amount: $ 0.00
--------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
--------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 52,304.16
----------
3. Supplemental Servicing Fee amount: $ 95,331.27
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 95.422113 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 4.577887
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.04
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-02, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of February 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.15646
-----------------------
Weighted average maturity 345.11
-----------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 1.17197273 $ 0.19519013 $ 0.00000000 %0.00000000
A1 $ 3.87668360 $ 2.89325230 $ 4.89102272 %6.49999999
A2 $ 0.00000000 $ 0.00000000 $ 5.41666687 %6.50000025
A3 $ 0.00000000 $ 0.00000000 $ 5.41666679 %6.50000015
A4 $ 0.00000000 $ 0.00000000 $ 5.41666500 %6.49999800
M $ 0.88754833 $ 0.00000000 $ 5.36637855 %6.50000013
B1 $ 0.88754889 $ 0.00000000 $ 5.36638017 %6.50000209
B2 $ 0.88755118 $ 0.00000000 $ 5.36637604 %6.49999710
B3 $ 0.88754949 $ 0.00000000 $ 5.36637543 %6.49999634
B4 $ 0.88754685 $ 0.00000000 $ 5.36637138 %6.49999149
B5 $ 0.88754658 $ 0.00000000 $ 5.36638361 %6.50000628
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 52,304.16
----------------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 269,324,445.24
----------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 800
-------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 641,938.90 $ 641,164.12 $ 969.85 GEC9902PO
A1 $ 211,611,738.76 $ 210,703,222.84 $ 899.08 36157RA70
A2 $ 16,324,000.00 $ 16,324,000.00 $ 1,000.00 36157RA88
A3 $ 27,325,000.00 $ 27,325,000.00 $ 1,000.00 36157RA96
A4 $ 2,000,000.00 $ 2,000,000.00 $ 1,000.00 36157RB20
SUP $ 248,844,725.46 $ 247,949,830.88 $ 914.93 GEC992SUP
M $ 6,097,857.11 $ 6,092,394.25 $ 989.83 36157RB46
B1 $ 2,178,584.53 $ 2,176,632.81 $ 989.83 36157RB53
B2 $ 1,306,754.43 $ 1,305,583.76 $ 989.83 36157RB61
B3 $ 1,451,398.97 $ 1,450,098.71 $ 989.83 36157RC78
B4 $ 581,550.30 $ 581,029.31 $ 989.83 36157RC86
B5 $ 725,969.76 $ 725,319.39 $ 989.83 36157RC94
R $ 0.00 $ 0.00 $ 0.00 36157RB38
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 5 Principal Balance $ 2,388,407.64
-------- -------------
2. 60-89 days
Number 0 Principal Balance $ 0.00
-------- -------------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -------------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
-----------
E. Other Information:
1. Special Hazard Loss Amount: $ 4,830,806.00
--------------
2. Bankruptcy Loss Amount: $ 100,000.00
--------------
3. Fraud Loss Amount: $ 2,931,219.00
--------------
4. Certificate Interest Rate of the Class S Certificate:% 0.00000000
-----------
Exhibit 99.05
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-04, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of February 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 750,006.29
-------------
(b) Interest $ 1,130,399.45
-------------
(c) Total $ 1,880,405.74
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 568,642.74
-------------
(b) Interest $ 855,826.86
-------------
(c) Total $ 1,424,469.60
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 181,363.55
-------------
(b) Interest $ 274,572.59
-------------
(c) Total $ 455,936.14
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 175,268.60
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 883,935.33
------------
(b) Interest $ 4,703.98
------------
(c) Total $ 888,639.31
------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
-------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
12. Pool Scheduled Principal Balance: $197,122,997.52
---------------
13. Available Funds: $ 2,843,359.69
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 1,711.68
-------------
18. Total interest payments: $ 1,034,149.49
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 505,771.36 $ 0.00 $ 505,771.36 %6.250000053
A2 $ 145,793.32 $ 0.00 $ 145,793.32 %6.249999857
A3 $ 249,756.29 $ 0.00 $ 249,756.29 %6.249999997
A4 $ 110,221.74 $ 0.00 $ 110,221.74 %6.249999873
M $ 8,477.05 $ 0.00 $ 8,477.05 %6.249997043
B1 $ 2,825.68 $ 0.00 $ 2,825.68 %6.249989632
B2 $ 2,825.68 $ 0.00 $ 2,825.68 %6.249989632
B3 $ 5,086.23 $ 0.00 $ 5,086.23 %6.249997056
B4 $ 1,695.41 $ 0.00 $ 1,695.41 %6.249996928
B5 $ 1,696.73 $ 0.00 $ 1,696.73 %6.250007290
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 1,809,210.20
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 8,555.04 $ 0.00
Class A1 $ 892,145.55 $ 0.00
Class A2 $ 344,520.00 $ 0.00
Class A3 $ 467,840.78 $ 0.00
Class A4 $ 79,784.76 $ 0.00
Class SUP $ 0.00 $ 0.00
Class M $ 6,136.17 $ 0.00
Class B1 $ 2,045.39 $ 0.00
Class B2 $ 2,045.39 $ 0.00
Class B3 $ 3,681.70 $ 0.00
Class B4 $ 1,227.23 $ 0.00
Class B5 $ 1,228.19 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
-------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
-------------
24. Subordinate Certificate Writedown Amount: $ 0.00
-------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
-------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 38,989.42
----------
3. Supplemental Servicing Fee amount: $ 60,009.20
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 97.813972 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 2.186028
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.06
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-04, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of February 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 6.853693
-------------------------
Weighted average maturity 164.21
-------------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 21.73876254 $ 18.10486140 $ 0.00000000 %0.00000000
A1 $ 8.08476334 $ 4.76705253 $ 4.58337964 %6.25000005
A2 $ 10.85136540 $ 6.39833570 $ 4.59206022 %6.24999986
A3 $ 8.26573816 $ 4.87376148 $ 4.41265530 %6.25000000
A4 $ 3.62658000 $ 2.13835545 $ 5.01007909 %6.24999987
M $ 3.62657801 $ 0.00000000 $ 5.01007683 %6.24999704
B1 $ 3.62657801 $ 0.00000000 $ 5.01007092 %6.24998963
B2 $ 3.62657801 $ 0.00000000 $ 5.01007092 %6.24998963
B3 $ 3.62657604 $ 0.00000000 $ 5.01007683 %6.24999706
B4 $ 3.62656619 $ 0.00000000 $ 5.01007683 %6.24999693
B5 $ 3.62658540 $ 0.00000000 $ 5.01008495 %6.25000729
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 38,989.42
----------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $197,122,997.52
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 640
---------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 375,503.37 $ 366,948.33 $ 932.43 GEC9904PO
A1 $ 97,108,100.30 $ 96,215,954.76 $ 871.92 36157RB79
A2 $ 27,992,318.08 $ 27,647,798.08 $ 870.82 36157RB87
A3 $ 47,953,207.70 $ 47,485,366.92 $ 838.96 36157RB95
A4 $ 21,162,574.51 $ 21,082,789.75 $ 958.31 36157RC29
SUP $ 184,104,420.91 $ 182,818,769.42 $ 870.36 GEC994SUP
M $ 1,627,594.37 $ 1,621,458.19 $ 958.31 36157RC45
B1 $ 542,531.46 $ 540,486.06 $ 958.31 36157RC52
B2 $ 542,531.46 $ 540,486.06 $ 958.31 36157RC60
B3 $ 976,556.62 $ 972,874.91 $ 958.31 36158GEX2
B4 $ 325,518.88 $ 324,291.64 $ 958.31 36158GEY0
B5 $ 325,771.78 $ 324,543.59 $ 958.31 36158GEZ7
R $ 0.00 $ 0.00 $ 0.00 36157RC37
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 4 Principal Balance $ 1,176,422.70
-------- -------------
2. 60-89 days
Number 0 Principal Balance $ 0.00
-------- -------------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -------------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
----------
E. Other Information:
1. Special Hazard Loss Amount: $ 4,095,254.00
-------------
2. Bankruptcy Loss Amount: $ 100,000.00
-------------
3. Fraud Loss Amount: $ 2,256,039.00
-------------
4. Certificate Interest Rate of the Class S Certificate:%0.00000000
-----------
Exhibit 99.07
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-03, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of March 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 420,200.27
-------------
(b) Interest $ 2,786,316.18
-------------
(c) Total $ 3,206,516.45
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 375,719.02
-------------
(b) Interest $ 2,492,285.77
-------------
(c) Total $ 2,868,004.79
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 44,481.25
-------------
(b) Interest $ 294,030.41
-------------
(c) Total $ 338,511.66
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 119,141.11
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 1,700,552.09
-------------
(b) Interest $ 9,868.92
-------------
(c) Total $ 1,710,421.01
-------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
12. Pool Scheduled Principal Balance: $466,631,997.93
---------------
13. Available Funds: $ 4,939,732.78
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 1,029.81
-------------
18. Total interest payments: $ 2,699,839.31
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 660,459.23 $ 0.00 $ 660,459.23 %6.499999967
A2 $ 29,553.33 $ 0.00 $ 29,553.33 %6.499999267
A3 $ 115,155.98 $ 0.00 $ 115,155.98 %6.563750117
A4 $ 42,742.15 $ 0.00 $ 42,742.15 %6.051331083
A5 $ 270,833.33 $ 0.00 $ 270,833.33 %6.499999920
A6 $ 16,250.00 $ 0.00 $ 16,250.00 %6.500000000
A7 $ 16,250.00 $ 0.00 $ 16,250.00 %6.500000000
A8 $ 10,833.33 $ 0.00 $ 10,833.33 %6.499998000
A9 $ 10,833.33 $ 0.00 $ 10,833.33 %6.499998000
A10 $ 13,843.13 $ 0.00 $ 13,843.13 %6.750002438
A11 $ 11,070.00 $ 0.00 $ 11,070.00 %6.750000000
A12 $ 11,070.00 $ 0.00 $ 11,070.00 %6.750000000
A13 $ 11,070.00 $ 0.00 $ 11,070.00 %6.750000000
A14 $ 8,313.75 $ 0.00 $ 8,313.75 %6.750000000
A15 $ 637,191.24 $ 0.00 $ 637,191.24 %6.499999962
A16 $ 380,081.01 $ 0.00 $ 380,081.01 %6.499999989
A17 $ 47,535.47 $ 0.00 $ 47,535.47 %6.500000035
A18 $ 135,416.67 $ 0.00 $ 135,416.67 %6.500000160
S $ 163,903.72 $ 0.00 $ 163,903.72 %0.443953908
M $ 49,685.68 $ 0.00 $ 49,685.68 %6.499999783
B1 $ 20,142.80 $ 0.00 $ 20,142.80 %6.499999876
B2 $ 12,085.36 $ 0.00 $ 12,085.36 %6.500001091
B3 $ 13,428.53 $ 0.00 $ 13,428.53 %6.499998272
B4 $ 5,371.63 $ 0.00 $ 5,371.63 %6.500002087
B5 $ 6,719.64 $ 0.00 $ 6,719.64 %6.500001850
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 2,239,893.47
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 838.01 $ 0.00
Class A1 $ 863,904.00 $ 0.00
Class A2 $ 0.00 $ 0.00
Class A3 $ 0.00 $ 0.00
Class A4 $ 0.00 $ 0.00
Class A5 $ 0.00 $ 0.00
Class A6 $ 0.00 $ 0.00
Class A7 $ 0.00 $ 0.00
Class A8 $ 0.00 $ 0.00
Class A9 $ 0.00 $ 0.00
Class A10 $ 0.00 $ 0.00
Class A11 $ 0.00 $ 0.00
Class A12 $ 0.00 $ 0.00
Class A13 $ 0.00 $ 0.00
Class A14 $ 0.00 $ 0.00
Class A15 $ 670,325.03 $ 0.00
Class A16 $ 447,747.26 $ 0.00
Class A17 $ 239,307.86 $ 0.00
Class A18 $ 0.00 $ 0.00
Class S $ 0.00 $ 0.00
Class M $ 8,218.84 $ 0.00
Class B1 $ 3,331.95 $ 0.00
Class B2 $ 1,999.12 $ 0.00
Class B3 $ 2,221.30 $ 0.00
Class B4 $ 888.56 $ 0.00
Class B5 $ 1,111.54 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
-------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
-------------
24. Subordinate Certificate Writedown Amount: $ 0.00
-------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
-------------
26. The Certificate Interest Rate applicable to the Interest Accrual
Period relating to such Distribution Date applicable to any floating
index certificate.
Class Certificate Interest
Rates
Class A3 % 6.56375012
Class A4 % 6.05133108
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 91,491.13
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 95.763550 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 4.236450
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
--------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.08
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-03, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of March 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.159092
-------------------------
Weighted average maturity 344.64
-------------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 1.18491729 $ 0.17496410 $ 0.00000000 %0.00000000
A1 $ 6.44704478 $ 5.28110993 $ 4.92880022 %6.49999997
A2 $ 0.00000000 $ 0.00000000 $ 5.41666606 %6.49999927
A3 $ 0.00000000 $ 0.00000000 $ 5.46979176 %6.56375012
A4 $ 0.00000000 $ 0.00000000 $ 5.04277590 %6.05133108
A5 $ 0.00000000 $ 0.00000000 $ 5.41666660 %6.49999992
A6 $ 0.00000000 $ 0.00000000 $ 5.41666667 %6.50000000
A7 $ 0.00000000 $ 0.00000000 $ 5.41666667 %6.50000000
A8 $ 0.00000000 $ 0.00000000 $ 5.41666500 %6.49999800
A9 $ 0.00000000 $ 0.00000000 $ 5.41666500 %6.49999800
A10 $ 0.00000000 $ 0.00000000 $ 5.62500203 %6.75000244
A11 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
A12 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
A13 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
A14 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
A15 $ 5.27814984 $ 4.32360724 $ 5.01725386 %6.49999996
A16 $ 5.85872579 $ 4.79918717 $ 4.97332003 %6.49999999
A17 $ 19.74650219 $ 16.17538741 $ 3.92239211 %6.50000003
A18 $ 0.00000000 $ 0.00000000 $ 5.41666680 %6.50000016
S $ 0.00000000 $ 0.00000000 $ 0.34584119 %0.44395391
M $ 0.88837918 $ 0.00000000 $ 5.37055396 %6.49999978
B1 $ 0.88837786 $ 0.00000000 $ 5.37055404 %6.49999988
B2 $ 0.88837933 $ 0.00000000 $ 5.37055504 %6.50000109
B3 $ 0.88837786 $ 0.00000000 $ 5.37055271 %6.49999827
B4 $ 0.88838232 $ 0.00000000 $ 5.37055589 %6.50000209
B5 $ 0.88837906 $ 0.00000000 $ 5.37055567 %6.50000185
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 91,491.13
----------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $466,631,997.93
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,367
-------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 699,161.03 $ 698,323.03 $ 987.40 GEC9903PO
A1 $ 121,930,935.38 $ 121,067,031.38 $ 903.49 36157RE43
A2 $ 5,456,000.00 $ 5,456,000.00 $ 1,000.00 36157RE50
A3 $ 21,053,083.00 $ 21,053,083.00 $ 1,000.00 36157RE68
A4 $ 8,475,917.00 $ 8,475,917.00 $ 1,000.00 36157RE76
A5 $ 50,000,000.00 $ 50,000,000.00 $ 1,000.00 36157RE84
A6 $ 3,000,000.00 $ 3,000,000.00 $ 1,000.00 36157RE92
A7 $ 3,000,000.00 $ 3,000,000.00 $ 1,000.00 36157RF26
A8 $ 2,000,000.00 $ 2,000,000.00 $ 1,000.00 36157RF34
A9 $ 2,000,000.00 $ 2,000,000.00 $ 1,000.00 36157RF42
A10 $ 2,461,000.00 $ 2,461,000.00 $ 1,000.00 36157RF59
A11 $ 1,968,000.00 $ 1,968,000.00 $ 1,000.00 36157RF67
A12 $ 1,968,000.00 $ 1,968,000.00 $ 1,000.00 36157RF75
A13 $ 1,968,000.00 $ 1,968,000.00 $ 1,000.00 36157RF83
A14 $ 1,478,000.00 $ 1,478,000.00 $ 1,000.00 36157RF91
A15 $ 117,635,306.53 $ 116,964,981.50 $ 920.98 36157RG25
A16 $ 70,168,801.96 $ 69,721,054.70 $ 912.29 36157RG33
A17 $ 8,775,779.03 $ 8,536,471.18 $ 704.39 36157RG41
A18 $ 25,000,000.00 $ 25,000,000.00 $ 1,000.00 36157RG58
S $ 443,029,018.46 $ 440,820,660.04 $ 930.14 GEC99003S
M $ 9,172,741.23 $ 9,164,522.39 $ 990.60 36157RG74
B1 $ 3,718,670.84 $ 3,715,338.88 $ 990.60 36157RG82
B2 $ 2,231,143.01 $ 2,229,143.89 $ 990.60 36157RG90
B3 $ 2,479,113.89 $ 2,476,892.59 $ 990.60 36157RM85
B4 $ 991,685.22 $ 990,796.66 $ 990.60 36157RM93
B5 $ 1,240,548.57 $ 1,239,437.03 $ 990.60 36157RN27
R $ 0.00 $ 0.00 $ 0.00 36157RG66
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 5 Principal Balance $ 1,418,633.45
-------- -------------
2. 60-89 days
Number 0 Principal Balance $ 0.00
-------- -------------
3. 90 days or more
Number 1 Principal Balance $ 804,128.17
-------- -------------
4. In Foreclosure
Number 1 Principal Balance $ 257,452.68
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
-----------
7. The Certificate Interest Rate applicable to the Interest Accrual
Period relating to such Distribution Date applicable to any
floating index certificate:
Certificate Interest
Class Rates
A3 % 6.56375012
A4 % 6.05133108
E. Other Information:
1. Special Hazard Loss Amount: $ 6,352,015.00
-------------
2. Bankruptcy Loss Amount: $ 157,753.00
-------------
3. Fraud Loss Amount: $ 5,000,825.00
-------------
4. Certificate Interest Rate of the Class S Certificate:%0.00000000
-----------
Exhibit 99.09
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-05, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of March 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 659,103.63
-------------
(b) Interest $ 4,391,781.01
-------------
(c) Total $ 5,050,884.64
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 506,280.66
-------------
(b) Interest $ 3,385,712.06
-------------
(c) Total $ 3,891,992.72
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 152,822.97
-------------
(b) Interest $ 1,006,068.95
-------------
(c) Total $ 1,158,891.92
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 142,772.65
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 2,801,959.04
-------------
(b) Interest $ 16,814.50
-------------
(c) Total $ 2,818,773.54
-------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
12. Pool Scheduled Principal Balance: $731,514,756.71
---------------
13. Available Funds: $ 7,864,473.40
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 2,459.41
-------------
18. Total interest payments: $ 4,260,638.08
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 % 0.000000000
A1 $ 2,035,274.11 $ 0.00 $ 2,035,274.11 % 6.499999984
A2 $ 315,516.84 $ 0.00 $ 315,516.84 % 6.499999991
A3 $ 13,595.83 $ 0.00 $ 13,595.83 % 6.499998406
A4 $ 17,988.75 $ 0.00 $ 17,988.75 % 6.500000000
A5 $ 17,994.17 $ 0.00 $ 17,994.17 % 6.500001204
A6 $ 12,545.00 $ 0.00 $ 12,545.00 % 6.500000000
A7 $ 18,994.08 $ 0.00 $ 18,994.08 % 6.499998859
A8 $ 86,752.88 $ 0.00 $ 86,752.88 % 6.500000178
A9 $ 17,364.58 $ 0.00 $ 17,364.58 % 6.249998800
A10 $ 27,083.33 $ 0.00 $ 27,083.33 % 6.499999200
A11 $ 9,724.17 $ 0.00 $ 9,724.17 % 7.000002400
A12 $ 21,379.58 $ 0.00 $ 21,379.58 % 6.499998987
A13 $ 24,375.00 $ 0.00 $ 24,375.00 % 6.500000000
A14 $ 7,583.33 $ 0.00 $ 7,583.33 % 6.499997143
A15 $ 5,579.17 $ 0.00 $ 5,579.17 % 6.500003883
A16 $ 26,406.46 $ 0.00 $ 26,406.46 % 6.750001118
A17 $ 0.00 $ 0.00 $ 0.00 % 0.000000000
A18 $ 24,721.88 $ 0.00 $ 24,721.88 % 6.750001365
A19 $ 6,666.67 $ 0.00 $ 6,666.67 % 8.000004000
A20 $ 22,110.00 $ 0.00 $ 22,110.00 % 9.000000000
A21 $ 5,416.67 $ 0.00 $ 5,416.67 % 6.500004000
A22 $ 5,833.33 $ 0.00 $ 5,833.33 % 6.999996000
A23 $ 27,083.33 $ 0.00 $ 27,083.33 % 6.750000312
A24 $ 0.00 $ 0.00 $ 0.00 % 0.000000000
A25 $ 0.00 $ 0.00 $ 0.00 % 0.000000000
A26 $ 53,175.41 $ 0.00 $ 53,175.41 % 6.999999671
A27 $ 486,778.35 $ 0.00 $ 486,778.35 % 6.500000028
A28 $ 88,188.75 $ 0.00 $ 88,188.75 % 6.500000000
A29 $ 427,190.83 $ 0.00 $ 427,190.83 % 6.499999949
S $ 275,294.43 $ 0.00 $ 275,294.43 % 0.469903595
M $ 84,714.95 $ 0.00 $ 84,714.95 % 6.499999853
B1 $ 31,768.78 $ 0.00 $ 31,768.78 % 6.500000342
B2 $ 19,061.27 $ 0.00 $ 19,061.27 % 6.500001020
B3 $ 23,296.75 $ 0.00 $ 23,296.75 % 6.500001106
B4 $ 8,472.03 $ 0.00 $ 8,472.03 % 6.499998242
B5 $ 12,707.37 $ 0.00 $ 12,707.37 % 6.500000305
R $ 0.00 $ 0.00 $ 0.00 % 0.000000000
20. Principal Distribution Amount: $ 3,603,835.32
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 831.89 $ 0.00
Class A1 $ 2,294,847.89 $ 0.00
Class A2 $ 439,971.38 $ 0.00
Class A3 $ 0.00 $ 0.00
Class A4 $ 0.00 $ 0.00
Class A5 $ 0.00 $ 0.00
Class A6 $ 0.00 $ 0.00
Class A7 $ 0.00 $ 0.00
Class A8 $ 184,564.80 $ 0.00
Class A9 $ 0.00 $ 0.00
Class A10 $ 0.00 $ 0.00
Class A11 $ 0.00 $ 0.00
Class A12 $ 0.00 $ 0.00
Class A13 $ 0.00 $ 0.00
Class A14 $ 0.00 $ 0.00
Class A15 $ 0.00 $ 0.00
Class A16 $ 0.00 $ 0.00
Class A17 $ 0.00 $ 0.00
Class A18 $ 0.00 $ 0.00
Class A19 $ 0.00 $ 0.00
Class A20 $ 0.00 $ 0.00
Class A21 $ 0.00 $ 0.00
Class A22 $ 0.00 $ 0.00
Class A23 $ 0.00 $ 0.00
Class A24 $ 0.00 $ 0.00
Class A25 $ 0.00 $ 0.00
Class A26 $ 0.00 $ 0.00
Class A27 $ 653,824.50 $ 0.00
Class A28 $ 0.00 $ 0.00
Class A29 $ 0.00 $ 0.00
Class S $ 0.00 $ 0.00
Class M $ 14,020.96 $ 0.00
Class B1 $ 5,257.97 $ 0.00
Class B2 $ 3,154.78 $ 0.00
Class B3 $ 3,855.79 $ 0.00
Class B4 $ 1,402.19 $ 0.00
Class B5 $ 2,103.17 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
-------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
-------------
24. Subordinate Certificate Writedown Amount: $ 0.00
-------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
-------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 145,274.37
-----------
3. Supplemental Servicing Fee amount: $ N/A
-----------
4. Credit Losses for prior month: $ 0.00
-----------
Category Category Category
A B C
5. Senior Percentage: % 95.474527 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 4.525473
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.10
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-05, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of March 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.198868
------------------------
Weighted average maturity 344.70
------------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 1.12523352 $ 0.14789579 $ 0.00000000 %0.00000000
A1 $ 5.59805016 $ 4.61326096 $ 4.96484609 %6.49999998
A2 $ 6.78915794 $ 5.59483327 $ 4.86871136 %6.49999999
A3 $ 0.00000000 $ 0.00000000 $ 5.41666534 %6.49999841
A4 $ 0.00000000 $ 0.00000000 $ 5.41666667 %6.50000000
A5 $ 0.00000000 $ 0.00000000 $ 5.41666767 %6.50000120
A6 $ 0.00000000 $ 0.00000000 $ 5.41666667 %6.50000000
A7 $ 0.00000000 $ 0.00000000 $ 5.41666572 %6.49999886
A8 $ 9.83506341 $ 8.10491367 $ 4.62287541 %6.50000018
A9 $ 0.00000000 $ 0.00000000 $ 5.20833233 %6.24999880
A10 $ 0.00000000 $ 0.00000000 $ 5.41666600 %6.49999920
A11 $ 0.00000000 $ 0.00000000 $ 5.83333533 %7.00000240
A12 $ 0.00000000 $ 0.00000000 $ 5.41666582 %6.49999899
A13 $ 0.00000000 $ 0.00000000 $ 5.41666667 %6.50000000
A14 $ 0.00000000 $ 0.00000000 $ 5.41666429 %6.49999714
A15 $ 0.00000000 $ 0.00000000 $ 5.41666990 %6.50000388
A16 $ 0.00000000 $ 0.00000000 $ 5.62500093 %6.75000112
A17 $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
A18 $ 0.00000000 $ 0.00000000 $ 5.62500114 %6.75000137
A19 $ 0.00000000 $ 0.00000000 $ 6.66667000 %8.00000400
A20 $ 0.00000000 $ 0.00000000 $ 7.50000000 %9.00000000
A21 $ 0.00000000 $ 0.00000000 $ 5.41667000 %6.50000400
A22 $ 0.00000000 $ 0.00000000 $ 5.83333000 %6.99999600
A23 $ 0.00000000 $ 0.00000000 $ 5.62500026 %6.75000031
A24 $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
A25 $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
A26 $ 0.00000000 $ 0.00000000 $ 5.83333306 %6.99999967
A27 $ 6.56390989 $ 5.40921011 $ 4.88689124 %6.50000003
A28 $ 0.00000000 $ 0.00000000 $ 5.41666667 %6.50000000
A29 $ 0.00000000 $ 0.00000000 $ 5.41666662 %6.49999995
S $ 0.00000000 $ 0.00000000 $ 0.36418964 %0.46990360
M $ 0.88892157 $ 0.00000000 $ 5.37088379 %6.49999985
B1 $ 0.88892139 $ 0.00000000 $ 5.37088419 %6.50000034
B2 $ 0.88892082 $ 0.00000000 $ 5.37088476 %6.50000102
B3 $ 0.88892245 $ 0.00000000 $ 5.37088482 %6.50000111
B4 $ 0.88892481 $ 0.00000000 $ 5.37088246 %6.49999824
B5 $ 0.88892370 $ 0.00000000 $ 5.37088413 %6.50000030
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 145,274.37
-----------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 731,514,756.71
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 2,384
---------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 727,454.95 $ 726,623.05 $ 982.85 GEC9905PO
A1 $ 375,742,913.52 $ 373,448,065.63 $ 910.99 36157RH24
A2 $ 58,249,262.85 $ 57,809,291.46 $ 892.05 36157RH32
A3 $ 2,510,000.00 $ 2,510,000.00 $ 1,000.00 36157RH40
A4 $ 3,321,000.00 $ 3,321,000.00 $ 1,000.00 36157RH57
A5 $ 3,322,000.00 $ 3,322,000.00 $ 1,000.00 36157RH65
A6 $ 2,316,000.00 $ 2,316,000.00 $ 1,000.00 36157RH73
A7 $ 3,506,600.00 $ 3,506,600.00 $ 1,000.00 36157RH81
A8 $ 16,015,915.87 $ 15,831,351.07 $ 843.62 36157RH99
A9 $ 3,334,000.00 $ 3,334,000.00 $ 1,000.00 36157RJ22
A10 $ 5,000,000.00 $ 5,000,000.00 $ 1,000.00 36157RJ30
A11 $ 1,667,000.00 $ 1,667,000.00 $ 1,000.00 36157RJ48
A12 $ 3,947,000.00 $ 3,947,000.00 $ 1,000.00 36157RJ55
A13 $ 4,500,000.00 $ 4,500,000.00 $ 1,000.00 36157RJ63
A14 $ 1,400,000.00 $ 1,400,000.00 $ 1,000.00 36157RJ71
A15 $ 1,030,000.00 $ 1,030,000.00 $ 1,000.00 36157RJ89
A16 $ 4,694,481.00 $ 4,694,481.00 $ 1,000.00 36157RJ97
A17 $ 426,519.00 $ 426,519.00 $ 1,000.00 36157RK20
A18 $ 4,395,000.00 $ 4,395,000.00 $ 1,000.00 36157RK38
A19 $ 1,000,000.00 $ 1,000,000.00 $ 1,000.00 36157RK46
A20 $ 2,948,000.00 $ 2,948,000.00 $ 1,000.00 36157RK53
A21 $ 1,000,000.00 $ 1,000,000.00 $ 1,000.00 36157RK61
A22 $ 1,000,000.00 $ 1,000,000.00 $ 1,000.00 36157RK79
A23 $ 4,814,814.00 $ 4,814,814.00 $ 1,000.00 36157RK87
A24 $ 185,186.00 $ 185,186.00 $ 1,000.00 36157RK95
A25 $ 701,215.00 $ 701,215.00 $ 1,000.00 36157RL29
A26 $ 9,115,785.00 $ 9,115,785.00 $ 1,000.00 36157RL37
A27 $ 89,866,771.92 $ 89,212,947.42 $ 895.63 36157RL45
A28 $ 16,281,000.00 $ 16,281,000.00 $ 1,000.00 36157RL52
A29 $ 78,866,000.00 $ 78,866,000.00 $ 1,000.00 36157RL60
S $ 703,023,597.78 $ 699,455,601.86 $ 925.32 GEC99005S
M $ 15,639,683.43 $ 15,625,662.46 $ 990.66 36157RL86
B1 $ 5,865,005.23 $ 5,859,747.26 $ 990.66 36157RL94
B2 $ 3,519,003.14 $ 3,515,848.35 $ 990.66 36157RM28
B3 $ 4,300,937.73 $ 4,297,081.94 $ 990.66 36157RM51
B4 $ 1,564,067.50 $ 1,562,665.31 $ 990.66 36157RM69
B5 $ 2,345,975.89 $ 2,343,872.72 $ 990.66 36157RM77
R $ 0.00 $ 0.00 $ 0.00 36157RL78
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 14 Principal Balance $ 3,891,223.47
-------- -------------
2. 60-89 days
Number 1 Principal Balance $ 352,446.47
-------- -------------
3. 90 days or more
Number 2 Principal Balance $ 625,817.17
-------- -------------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
------------
E. Other Information:
1. Special Hazard Loss Amount: $ 7,886,560.00
-------------
2. Bankruptcy Loss Amount: $ 240,301.00
-------------
3. Fraud Loss Amount: $ 7,886,560.00
-------------
4. Certificate Interest Rate of the Class S Certificate: %0.00000000
-----------
G.
Rounding Amount
Opening Reimbursement (Withdrawl) Closing
Class Balance Amount Balance
- ----- ------- ------ --------------- -------
A19-INT $ 20,000.00 $ 0.00 $ 0.00 $ 6,250.00
A20-INT $ 73,701.00 $ 0.00 $ 0.00 $ 6,149.24
A12 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A13 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A18 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A21 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A22 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A23 $ 999.99 $ 0.00 $ 0.00 $ 999.99
Exhibit 99.11
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
FEBRUARY 2000
REMIC Home Equity Loan Pass-Through Certificates,
Series 1999-HE1
Pursuant to the Pooling and Servicing Agreement dated as of March 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company"),
and The First National Bank of Chicago (the "Trustee"), governing the
Certificates referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this
month:
A. Mortgage Loan Information:
(1) Aggregate Monthly Payments Due: $3,751,702.97
--------------
(2) Aggregate Monthly Payments received and Monthly Advances made
this Month:
(a) Principal $472,982.55
--------------
(b) Interest $3,015,540.54
--------------
(c) Total $3,488,523.09
--------------
(3) Aggregate Principal Prepayments in part received on Self-
Amortizing Mortgage Loans and applied in the applicable
Prepayment Period:
(a) Principal $73,923.38
-----------
(c) Total $73,923.38
-----------
(4) Aggregate Principal Prepayments in full received in the
applicable Prepayment period:
(a) Principal $5,869,240.91
--------------
(b) Interest $91,705.73
--------------
(c) Total $5,960,946.64
--------------
(5) Aggregate Insurance Proceeds 0 0 (inculding purchases of Mortgage
Loans by primary mortgage insurers) for prior month:
(a) Principal $0.00
--------------
(b) Interest $0.00
--------------
(c) Total $0.00
--------------
(6) Aggregate Liquidation Proceeds for prior month:
(a) Principal $0.00
--------------
(b) Interest $0.00
--------------
(c) Total $0.00
--------------
(7) Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $0.00
--------------
(b) Interest $0.00
--------------
(c) Total $0.00
--------------
(8) Aggregate Purchase Prices for (and substitution adjustments) for
Defective Mortgage Loans:
(a) Principal $0.00
----------------
(b) Interest $0.00
----------------
(c) Total $0.00
----------------
(9) Pool Principal Balance $418,406,599.63
----------------
(10) Available Funds: $9,500,103.69
----------------
(11) Realized Losses for prior month: $0.00
----------------
(12) Aggregate Realized Losses: $154,565.63
----------------
(a) Deficient Valuations $0.00
----------------
(b) Special Hazard Losses $0.00
----------------
(c) Fraud Losses $0.00
----------------
(d) Excess Bankruptcy Losses $0.00
----------------
(e) Excess Special Hazard Losses $0.00
----------------
(f ) Excess Fraud Losses $0.00
----------------
(13) Compensating Interest
Payment: $4,951.38
----------
(14) Net Simple Interest
Shortfall: $0.00
----------
(15) Net Simple Interest
Excess: $0.00
----------
(16) Simple Interest Shortfall Payment: $0.00
----------
(17) Unpaid Net Simple Interest Shortfall:
Class A1 $0.00
----------
Class A2 $0.00
----------
Class A3 $0.00
----------
Class A4 $0.00
----------
Class A5 $0.00
----------
Class A6 $0.00
----------
Class A7 $0.00
----------
Class S $0.00
----------
Class M $0.00
----------
Class B1 $0.00
----------
Class B2 $0.00
----------
Class B3 $0.00
----------
Class B4 $0.00
----------
Class B5 $0.00
----------
(18) Class Certificate Interest Rate:
Class M 6.705%
-------
Class B1 7.200%
-------
Class B2 8.525%
-------
Class B3 8.845%
-------
Class B4 8.845%
-------
Class B5 8.845%
-------
Class S 2.47%
-------
(19) Accrued Certificate Interest and Pay-out Rate:
Class A1 $410,707.82 5.995%
----------------------------
Class A2 $231,279.17 5.905%
----------------------------
Class A3 $422,424.85 6.035%
----------------------------
Class A4 $123,700.00 6.185%
----------------------------
Class A5 $225,212.50 6.285%
----------------------------
Class A6 $182,217.67 6.700%
----------------------------
Class A7 $229,716.67 6.265%
----------------------------
Class S $860,100.35 2.47%
----------------------------
Class M $98,528.26 6.705%
----------------------------
Class B1 $90,687.56 7.200%
----------------------------
Class B2 $80,535.96 8.525%
----------------------------
Class B3 $42,709.05 8.845%
----------------------------
Class B4 $25,994.59 8.845%
----------------------------
Class B5 $60,142.40 8.845%
----------------------------
Total $3,083,956.85
(20) Principal distributable:
Class A1 $6,346,550.85
--------------
Class A2 $0.00
--------------
Class A3 $0.00
--------------
Class A4 $0.00
--------------
Class A5 $0.00
--------------
Class A6 $0.00
--------------
Class A7 $0.00
--------------
Class M $19,933.79
--------------
Class B1 $17,086.10
--------------
Class B2 $12,815.14
--------------
Class B3 $6,550.23
--------------
Class B4 $3,986.76
--------------
Class B5 $9,223.96
--------------
Class R1 $0.00
--------------
Class R2 $0.00
--------------
Total $6,416,146.84
(21) Additional distributions to the Class R1 Certificate pursuant to
Section 2.05 (d) : $0.00
--------------
(22) Additional distributions to the Class R2 Certificate pursuant to
Section 4.01 (b) : $0.00
--------------
(23) Distribution Allocable to Unanticipated Recovers:
Class A1 $0.00
--------------
Class A2 $0.00
--------------
Class A3 $0.00
--------------
Class A4 $0.00
--------------
Class A5 $0.00
--------------
Class A6 $0.00
--------------
Class A7 $0.00
--------------
Class M $0.00
--------------
Class B1 $0.00
-------------
Class B2 $0.00
-------------
Class B3 $0.00
-------------
Class B4 $0.00
-------------
Class B5 $0.00
-------------
Class R1 $0.00
-------------
Class R2 $0.00
-------------
B. Other Amounts:
1) Senior Percentage for such
Distribution Date 85.285718%
------------
2) Senior Prepayment Percentage
for such Distribution Date 100.00%
------------
3) Junior Percentage for such
Distribution Date 14.714282%
------------
4) Junior Prepayment Percentage
------------
for such Distribution Date 0.00%
------------
5) Subordinate Certfificate Writedown Amount
for such Distribution Date $0.00
------------
6) Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class B1 X
----------------------------------
Class B2 X
----------------------------------
Class B3 X
----------------------------------
Class B4 X
----------------------------------
Class B5 X
----------------------------------
7) Class A7 Certificate Percentage
for such Distribution Date 12.330419%
-----------
8) Class A7 Distribution Percentage
for such Distribution Date 0.00%
-----------
Capitalized terms used in this Certificate shall have the same meanings as
in the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
- -------------------------------------------
Name: Tim Neer
Title: Vice President of Investor Operations
Exhibit 99.12
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
FEBRUARY 2000
REMIC Home Equity Loan Pass-Through Certificates,
Series 1999-HE1
Pursuant to the Pooling and Servicing Agreement dated as of March 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company"),
and The First National Bank of Chicago (the "Trustee"), governing the
Certificates referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this
month:
The amounts below are for a Single Certificate of $1,000:
(1) Amount of distribution allocable to principal:
Class A1 36157R D28 $36.89855148
-------------
Class A2 36157R D3 6 $0.00000000
-------------
Class A3 36157R D4 4 $0.00000000
-------------
Class A4 36157R D5 1 $0.00000000
-------------
Class A5 36157R D6 9 $0.00000000
-------------
Class A6 36157R D7 7 $0.00000000
-------------
Class A7 36157R D8 5 $0.00000000
-------------
Class M 36157R D9 3 $1.11893287
-------------
Class B1 36157R E2 7 $1.11893287
-------------
Class B2 36157R E3 5 $1.11893287
-------------
Class B3 36157R N3 5 $1.11893287
-------------
Class B4 36157R N4 3 $1.11893287
-------------
Class B5 36157R N5 0 $1.09814420
-------------
Class R1 36157R M3 6 $0.00000000
-------------
Class R2 36157R M4 4 $0.00000000
-------------
(2) Aggregate Principal prepayments included in distribution:
Class A1 36157R D28 $5,943,164.29
---------------
Class A2 36157R D3 6 $0.00000000
---------------
Class A3 36157R D4 4 $0.00000000
---------------
Class A4 36157R D5 1 $0.00000000
---------------
Class A5 36157R D6 9 $0.00000000
---------------
Class A6 36157R D7 7 $0.00000000
---------------
Class A7 36157R D8 5 $0.00000000
---------------
Class M 36157R D9 3 $0.00000000
---------------
Class B1 36157R E2 7 $0.00000000
---------------
Class B2 36157R E3 5 $0.00000000
---------------
Class B3 36157R N3 5 $0.00000000
---------------
Class B4 36157R N4 3 $0.00000000
---------------
Class B5 36157R N5 0 $0.00000000
---------------
Class R1 36157R M3 6 $0.00000000
---------------
Class R2 36157R M4 4 $0.00000000
---------------
(3) Amount of distribution allocable to interest Pay-out Rate:
Class A1 36157R D28 $2.38783618 5.995%
-------------------------------
Class A2 36157R D3 6 $4.92083333 5.905%
-------------------------------
Class A3 36157R D4 4 $5.02916667 6.035%
-------------------------------
Class A4 36157R D5 1 $5.15416667 6.185%
-------------------------------
Class A5 36157R D6 9 $5.23750000 6.285%
-------------------------------
Class A6 36157R D7 7 $5.58333333 6.700%
-------------------------------
Class A7 36157R D8 5 $5.22083333 6.265%
-------------------------------
Class S $2.05565675 2.47%
-------------------------------
Class M 36157R D9 3 $5.53063473 6.705%
-------------------------------
Class B1 36157R E2 7 $5.93893662 7.200%
-------------------------------
Class B2 36157R E3 5 $7.03186593 8.525%
-------------------------------
Class B3 36157R N3 5 $7.29570401 8.845%
-------------------------------
Class B4 36157R N4 3 $7.29570401 8.845%
-------------------------------
Class B5 36157R N5 0 $7.16015702 8.845%
-------------------------------
(4) Amount of distribution allocable to Unanticipated Recoveries:
Class A1 36157R D28 $0.00
------
Class A2 36157R D3 6 $0.00
------
Class A3 36157R D4 4 $0.00
------
Class A4 36157R D5 1 $0.00
------
Class A5 36157R D6 9 $0.00
------
Class A6 36157R D7 7 $0.00
------
Class A7 36157R D8 5 $0.00
------
Class M 36157R D9 3 $0.00
------
Class B1 36157R E2 7 $0.00
------
Class B2 36157R E3 5 $0.00
------
Class B3 36157R N3 5 $0.00
------
Class B4 36157R N4 3 $0.00
------
Class B5 36157R N5 0 $0.00
------
Class R1 36157R M3 6 $0.00
------
Class R2 36157R M4 4 $0.00
------
(5) Servicing Compensation: $170,050.83
------------
The amounts below are for the aggregate of all Certificates:
(6) Pool Principal Balance; $418,406,599.63
----------------
number of Mortgage Loans: 5,315
----------------
(7) Class Certificate Principal Balance of each Class; Certificate
Principal Balance of Single Certificate of each class:
Single
Certificate
Class Class Balance Balance
36157R D28 Class A1 $75,863,521.99 $441.06698829
--------------------------------------------
36157R D3 6 Class A2 $47,000,000.00 $1,000.00000000
--------------------------------------------
36157R D4 4 Class A3 $83,995,000.00 $1,000.00000000
--------------------------------------------
36157R D5 1 Class A4 $24,000,000.00 $1,000.00000000
--------------------------------------------
36157R D6 9 Class A5 $43,000,000.00 $1,000.00000000
--------------------------------------------
36157R D7 7 Class A6 $32,636,000.00 $1,000.00000000
--------------------------------------------
36157R D8 5 Class A7 $44,000,000.00 $1,000.00000000
--------------------------------------------
36157R D9 3 Class M $17,613,758.85 $988.70383687
--------------------------------------------
36157R E2 7 Class B1 $15,097,507.59 $988.70383687
--------------------------------------------
36157R E3 5 Class B2 $11,323,625.04 $988.70383687
--------------------------------------------
36157R N3 5 Class B3 $5,787,872.26 $988.70383687
--------------------------------------------
36157R N4 3 Class B4 $3,522,751.77 $988.70383687
--------------------------------------------
36157R N5 0 Class B5 $8,150,415.29 $970.33469349
--------------------------------------------
36157R M3 6 Class R1 $0.00 $0.00000000
--------------------------------------------
36157R M4 4 Class R2 $0.00 $0.00000000
--------------------------------------------
(8) Book value of real estate acquired on behalf of Certificate-
holders; number of $1,184,417.89
--------------
related Mortgage Loans: 17
--------------
(9) Aggregate Scheduled Principal Balance and number of delinquent
Mortgage Loans:
One Payment Delinquent $9,811,144.21
---------------
121
---------------
Two Payments Delinquent $4,487,244.80
---------------
51
---------------
Three or more Payments Delinquent $4,383,561.85
---------------
60
---------------
TOTAL $18,681,950.86
---------------
232
---------------
In foreclosure $6,239,227.00
---------------
74
---------------
(10) Aggregate Scheduled Principal Balance and number of replaced
Mortgage Loans: $0.00
------
0
------
(11) Unpaid Net Simple Interest Shortfall:
Class A1 $0.00
------
Class A2 $0.00
------
Class A3 $0.00
------
Class A4 $0.00
------
Class A5 $0.00
------
Class A6 $0.00
------
Class A7 $0.00
------
Class S $0.00
------
Class M $0.00
------
Class B1 $0.00
------
Class B2 $0.00
------
Class B3 $0.00
------
Class B4 $0.00
------
Class B5 $0.00
------
(12) Class Certificate Interest Rate of:
Class M 6.705%
-----------
Class B1 7.200%
-----------
Class B2 8.525%
-----------
Class B3 8.845%
-----------
Class B4 8.845%
-----------
Class B5 8.845%
-----------
Class S 2.47%
-----------
(13) Senior Percentage for such 85.285718%
-----------
Distribution Date
(14) Senior Prepayment Percentage
for such Distribution Date 100.00%
-----------
(15) Junior Percentage for such
Distribution Date 14.714282%
-----------
(16) Junior Prepayment Percentage
for such Distribution Date 0.00%
-----------
(17) Class A7 Certificate Percentage
for such Distribution Date 12.330419%
-----------
(18) Class A7 Distribution Percentage
for such Distribution Date 0.00%
-----------
Capitalized terms used in this Certificate shall have the same meanings as
in the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
- ----------------------------------------------
Name: Tim Neer
Title: Vice President of Investor Operations
Exhibit 99.13
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-06, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of April 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 595,862.64
-------------
(b) Interest $ 3,959,638.76
-------------
(c) Total $ 4,555,501.40
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 509,404.87
-------------
(b) Interest $ 3,374,806.06
-------------
(c) Total $ 3,884,210.93
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 86,457.77
-------------
(b) Interest $ 584,832.70
-------------
(c) Total $ 671,290.47
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 192,533.59
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 2,265,812.76
-------------
(b) Interest $ 13,889.15
-------------
(c) Total $ 2,279,701.91
-------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
12. Pool Scheduled Principal Balance: $665,005,680.14
---------------
13. Available Funds: $ 6,897,863.09
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 1,741.70
-------------
18. Total interest payments: $ 3,843,654.11
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
1A1 $ 487,695.00 $ 0.00 $ 487,695.00 %6.100000000
1A2 $ 510,677.58 $ 0.00 $ 510,677.58 %6.349999959
1A3 $ 46,733.50 $ 0.00 $ 46,733.50 %6.600000000
1A4 $ 611,895.81 $ 0.00 $ 611,895.81 %6.350000044
1A5 $ 488,760.35 $ 0.00 $ 123,742.91 %9.038286946
1A6 $ 0.00 $ 0.00 $ 0.00 %0.000000000
1A7 $ 6,184.51 $ 0.00 $ 6,184.51 %6.999995803
1A8 $ 44,765.00 $ 0.00 $ 44,765.00 %7.000000000
1A9 $ 37,573.60 $ 0.00 $ 37,573.60 %7.000000523
1A10 $ 31,683.75 $ 0.00 $ 31,683.75 %7.000000000
1A11 $ 0.00 $ 0.00 $ 0.00 %0.000000000
1A12 $ 15,903.35 $ 0.00 $ 15,903.35 %6.749999146
2A1 $ 903,586.73 $ 0.00 $ 903,586.73 %6.750000027
2A2 $ 86,737.50 $ 0.00 $ 86,737.50 %6.750000000
2A3 $ 146,250.00 $ 0.00 $ 146,250.00 %6.500000000
2A4 $ 4,950.00 $ 0.00 $ 4,950.00 %0.220000000
2A5 $ 151,875.00 $ 0.00 $ 151,875.00 %6.750000000
2A6 $ 675.00 $ 0.00 $ 675.00 %0.030000000
S $ 110,525.55 $ 0.00 $ 110,525.55 %0.275451416
M $ 72,688.03 $ 0.00 $ 72,688.03 %6.749999877
B1 $ 29,472.65 $ 0.00 $ 29,472.65 %6.750000711
B2 $ 16,980.21 $ 0.00 $ 16,980.21 %6.749999843
B3 $ 19,642.85 $ 0.00 $ 19,642.85 %6.750000372
B4 $ 7,859.37 $ 0.00 $ 7,859.37 %6.749997746
B5 $ 10,534.66 $ 0.00 $ 10,534.66 %6.749998322
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 3,054,208.98
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 5,477.55 $ 0.00
Class 1A1 $ 0.00 $ 0.00
Class 1A2 $ 0.00 $ 0.00
Class 1A3 $ 0.00 $ 0.00
Class 1A4 $ 1,247,256.96 $ 0.00
Class 1A5 $ 0.00 $ 365,017.44
Class 1A6 $ 0.00 $ 0.00
Class 1A7 $ 0.00 $ 0.00
Class 1A8 $ 0.00 $ 0.00
Class 1A9 $ 0.00 $ 0.00
Class 1A10 $ 0.00 $ 0.00
Class 1A11 $ 0.00 $ 0.00
Class 1A12 $ 6,191.85 $ 0.00
Class 2A1 $ 2,135,386.23 $ 0.00
Class 2A2 $ 0.00 $ 0.00
Class 2A3 $ 0.00 $ 0.00
Class 2A4 $ 0.00 $ 0.00
Class 2A5 $ 0.00 $ 0.00
Class 2A6 $ 0.00 $ 0.00
Class S $ 0.00 $ 0.00
Class M $ 11,521.60 $ 0.00
Class B1 $ 4,671.63 $ 0.00
Class B2 $ 2,693.46 $ 0.00
Class B3 $ 3,113.55 $ 0.00
Class B4 $ 1,245.76 $ 0.00
Class B5 $ 1,667.83 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 4.11
--------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
--------------
24. Subordinate Certificate Writedown Amount: $ 0.00
--------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
--------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
B1 X
B2 X
B3 X
B4 X
B5 X
M X
2. Base Servicing Fee amount: $ 125,102.97
-----------
3. Supplemental Servicing Fee amount: $ N/A
-----------
4. Credit Losses for prior month: $ 0.00
-----------
Category A Category B Category C
5. Senior Percentage: %N/A N/A N/A N/A
---- ---- ------ ------
6. Group I Senior Percentage:
%N/A N/A N/A N/A
---- ---- ------ ------
7. Group II Senior Percentage:
%N/A N/A N/A N/A
---- ---- ------ ------
8. Senior Prepayment Percentage:
%N/A N/A N/A N/A
---- ---- ------ ------
9. Group I Senior Prepayment
Percentage: %N/A N/A N/A N/A
---- ---- ------ ------
10. Group II Senior Prepayment
Percentage: %N/A N/A N/A N/A
---- ---- ------ ------
11. Junior Percentage: %N/A
----
12. Junior Prepayment Percentage:
%N/A
----
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.14
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-06, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of April 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.140377
---------------------
Weighted average maturity 346.18
---------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 1.21190829 $ 0.28555640 $ 0.00000000 %0.00000000
1A1 $ 0.00000000 $ 0.00000000 $ 5.08333333 %6.10000000
1A2 $ 0.00000000 $ 0.00000000 $ 5.29166663 %6.34999996
1A3 $ 0.00000000 $ 0.00000000 $ 5.50000000 %6.60000000
1A4 $ 9.45543488 $ 5.56772290 $ 4.63877226 %6.35000004
1A5 $ 0.00000000 $ 0.00000000 $ 7.83269792 %9.03828695
1A6 $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
1A7 $ 0.00000000 $ 0.00000000 $ 5.77144212 %6.99999580
1A8 $ 0.00000000 $ 0.00000000 $ 5.77091659 %7.00000000
1A9 $ 0.00000000 $ 0.00000000 $ 5.72027099 %7.00000052
1A10$ 0.00000000 $ 0.00000000 $ 5.83333333 %7.00000000
1A11$ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
1A12$ 2.06395000 $ 1.21533333 $ 5.30111667 %6.74999915
2A1 $ 12.45871415 $ 11.28323845 $ 5.27189350 %6.75000003
2A2 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
2A3 $ 0.00000000 $ 0.00000000 $ 5.41666667 %6.50000000
2A4 $ 0.00000000 $ 0.00000000 $ 0.18333333 %0.22000000
2A5 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
2A6 $ 0.00000000 $ 0.00000000 $ 0.02500000 %0.03000000
S $ 0.00000000 $ 0.00000000 $ 0.21579798 %0.27545142
M $ 0.88477960 $ 0.00000000 $ 5.58194056 %6.74999988
B1 $ 0.88477841 $ 0.00000000 $ 5.58194129 %6.75000071
B2 $ 0.88542406 $ 0.00000000 $ 5.58192308 %6.74999984
B3 $ 0.88478261 $ 0.00000000 $ 5.58194089 %6.75000037
B4 $ 0.88477273 $ 0.00000000 $ 5.58193892 %6.74999775
B5 $ 0.88372791 $ 0.00000000 $ 5.58196765 %6.74999832
R $ 0.00000000 $ 0.00000000 $ 41.10000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
1A5 $ 365,017.44
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 125,102.97
-----------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $665,005,680.14
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 2,018
------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 4,392,590.19 $ 4,387,112.64 $ 970.65 36157RS55
1A1 $ 95,940,000.00 $ 95,940,000.00 $ 1,000.00 36157RP58
1A2 $ 96,506,000.00 $ 96,506,000.00 $ 1,000.00 36157RP66
1A3 $ 8,497,000.00 $ 8,497,000.00 $ 1,000.00 36157RP74
1A4 $ 115,633,853.05 $ 114,386,596.09 $ 867.16 36157RP82
1A5 $ 64,891,989.32 $ 65,257,006.76 $ 1,045.79 36157RP90
1A6 $ 0.00 $ 0.00 $ 0.00 36157RQ24
1A7 $ 1,060,202.35 $ 1,060,202.35 $ 989.39 36157RQ32
1A8 $ 7,674,000.00 $ 7,674,000.00 $ 989.30 36157RQ40
1A9 $ 6,441,188.09 $ 6,441,188.09 $ 980.62 36157RQ57
1A10 $ 5,431,500.00 $ 5,431,500.00 $ 1,000.00 36157RQ65
1A11 $ 763,244.66 $ 763,244.66 $ 989.39 36157RQ73
1A12 $ 2,827,262.58 $ 2,821,070.73 $ 940.36 36157RQ81
2A1 $ 160,637,640.25 $ 158,502,254.02 $ 924.77 36157RR80
2A2 $ 15,420,000.00 $ 15,420,000.00 $ 1,000.00 36157RR98
2A3 $ 27,000,000.00 $ 27,000,000.00 $ 1,000.00 36157RS22
2A4 $ 27,000,000.00 $ 27,000,000.00 $ 1,000.00 36157RS30
2A5 $ 27,000,000.00 $ 27,000,000.00 $ 1,000.00 36157RS48
2A6 $ 27,000,000.00 $ 27,000,000.00 $ 1,000.00 36157RS71
S $ 481,502,915.29 $ 478,672,876.26 $ 934.60 36157RS63
M $ 12,922,316.68 $ 12,910,795.08 $ 991.46 36157RR23
B1 $ 5,239,581.67 $ 5,234,910.04 $ 991.46 36157RR31
B2 $ 3,018,704.07 $ 3,016,010.61 $ 991.46 36157RR49
B3 $ 3,492,062.03 $ 3,488,948.48 $ 991.46 36157RR56
B4 $ 1,397,221.80 $ 1,395,976.04 $ 991.46 36157RR64
B5 $ 1,872,828.91 $ 1,871,161.08 $ 991.47 36157RR72
R $ 0.00 $ 0.00 $ 0.00 36157RQ99
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 8 Principal Balance $ 2,454,510.52
-------- -------------
2. 60-89 days
Number 3 Principal Balance $ 1,177,855.90
-------- -------------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -------------
4. In Foreclosure
Number 2 Principal Balance $ 554,850.67
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
----------
E. Other Information:
1. Special Hazard Loss Amount: $ 10,267,019.00
--------------
2. Bankruptcy Loss Amount: $ 240,297.00
--------------
3. Fraud Loss Amount: $ 7,039,471.00
--------------
4. Certificate Interest Rate of the Class S Certificate:%0.27545142
-----------
G.
Rounding Amount
Opening Reimbursement (Withdrawl) Closing
Class Balance Amount Balance
- ----- ------- ------ --------------- -------
1A8 $ 999.99 $ 0.00 $ 0.00 $ 296.53
2A3 $ 999.99 $ 0.00 $ 0.00 $ 999.99
Exhibit 99.15
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-10, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of April 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 691,305.03
-------------
(b) Interest $ 1,029,505.31
-------------
(c) Total $ 1,720,810.34
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 517,224.32
-------------
(b) Interest $ 763,632.15
-------------
(c) Total $ 1,280,856.47
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 174,080.71
-------------
(b) Interest $ 265,873.16
-------------
(c) Total $ 439,953.87
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 79,374.27
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 438,222.44
------------
(b) Interest $ 2,316.04
------------
(c) Total $ 440,538.48
------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
12. Pool Scheduled Principal Balance: $179,292,546.67
---------------
13. Available Funds: $ 2,202,995.93
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
------------
17. Compensating Interest Payment: $ 884.07
------------
18. Total interest payments: $ 994,094.20
------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 466,057.72 $ 0.00 $ 466,057.72 %6.250000005
A2 $ 357,698.57 $ 0.00 $ 357,698.57 %6.249999994
A3 $ 92,512.22 $ 0.00 $ 92,512.22 %6.249999842
S $ 56,104.36 $ 0.00 $ 56,104.36 %0.413324419
M $ 8,689.73 $ 0.00 $ 8,689.73 %6.250002323
B1 $ 3,377.10 $ 0.00 $ 3,377.10 %6.250003759
B2 $ 2,893.22 $ 0.00 $ 2,893.22 %6.250010126
B3 $ 3,382.14 $ 0.00 $ 3,382.14 %6.250002887
B4 $ 1,930.49 $ 0.00 $ 1,930.49 %6.249998820
B5 $ 1,448.65 $ 0.00 $ 1,448.65 %6.249983372
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 1,208,901.73
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 12,899.24 $ 0.00
Class A1 $ 600,218.24 $ 0.00
Class A2 $ 511,772.61 $ 0.00
Class A3 $ 68,036.97 $ 0.00
Class S $ 0.00 $ 0.00
Class M $ 6,390.75 $ 0.00
Class B1 $ 2,483.64 $ 0.00
Class B2 $ 2,127.78 $ 0.00
Class B3 $ 2,487.35 $ 0.00
Class B4 $ 1,419.76 $ 0.00
Class B5 $ 1,065.39 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
--------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
--------------
24. Subordinate Certificate Writedown Amount: $ 0.00
--------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
-------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 36,592.04
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 97.684269 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 2.315731
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.16
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-10, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of April 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 6.863317
--------------------
Weighted average maturity 166.32
--------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 30.59875083 $ 27.10703789 $ 0.00000000 %0.00000000
A1 $ 6.31808674 $ 2.71012463 $ 4.90587074 %6.25000000
A2 $ 6.97086695 $ 2.99013279 $ 4.87222077 %6.24999999
A3 $ 3.70693277 $ 1.59007801 $ 5.04044463 %6.24999984
S $ 0.00000000 $ 0.00000000 $ 0.32377363 %0.41332442
M $ 3.70693155 $ 0.00000000 $ 5.04044664 %6.25000232
B1 $ 3.70692537 $ 0.00000000 $ 5.04044776 %6.25000376
B2 $ 3.70693380 $ 0.00000000 $ 5.04045296 %6.25001013
B3 $ 3.70692996 $ 0.00000000 $ 5.04044709 %6.25000289
B4 $ 3.70694517 $ 0.00000000 $ 5.04044386 %6.24999882
B5 $ 3.70691686 $ 0.00000000 $ 5.04043131 %6.24998337
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 36,592.04
----------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $179,292,546.67
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 637
----------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 407,400.05 $ 394,500.81 $ 935.81 GEC9910PO
A1 $ 89,483,082.17 $ 88,882,863.93 $ 935.61 36157RN68
A2 $ 68,678,125.51 $ 68,166,352.90 $ 928.50 36157RN76
A3 $ 17,762,346.69 $ 17,694,309.72 $ 964.06 36157RN84
S $ 162,887,138.90 $ 161,995,592.63 $ 934.86 GEC99010S
M $ 1,668,427.54 $ 1,662,036.79 $ 964.06 36157RP25
B1 $ 648,402.81 $ 645,919.17 $ 964.06 36157RP33
B2 $ 555,497.34 $ 553,369.56 $ 964.06 36157RP41
B3 $ 649,370.58 $ 646,883.23 $ 964.06 36157RW68
B4 $ 370,654.15 $ 369,234.39 $ 964.06 36157RW76
B5 $ 278,141.54 $ 277,076.15 $ 964.06 36157RW84
R $ 0.00 $ 0.00 $ 0.00 36157RN92
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 4 Principal Balance $ 907,777.06
-------- -----------
2. 60-89 days
Number 0 Principal Balance $ 0.00
-------- -----------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -----------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -----------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -----------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
------------
E. Other Information:
1. Special Hazard Loss Amount: $ 3,304,536.00
-------------
2. Bankruptcy Loss Amount: $ 100,000.00
-------------
3. Fraud Loss Amount: $ 1,915,010.00
-------------
4. Certificate Interest Rate of the Class S Certificate:%0.00000000
-----------
Exhibit 99.17
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
GEM Trust 99-01, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of April 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 289,183.54
-------------
(b) Interest $ 2,187,631.27
-------------
(c) Total $ 2,476,814.81
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 242,771.90
-------------
(b) Interest $ 1,842,527.02
-------------
(c) Total $ 2,085,298.92
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 46,411.64
-------------
(b) Interest $ 345,104.25
-------------
(c) Total $ 391,515.89
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 64,066.08
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 2,476,861.03
-------------
(b) Interest $ 16,468.96
-------------
(c) Total $ 2,493,329.99
-------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
-------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 73,249.51
---------------
(b) Interest $ 465.23
---------------
(c) Total $ 73,714.74
---------------
12. Pool Scheduled Principal Balance: $344,562,429.75
---------------
13. Available Funds: $ 5,034,588.23
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 2,164.70
-------------
18. Total interest payments: $ 2,131,228.08
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
P $ 0.00 $ 0.00 $ 0.00 % 0.000000000
IA1 $ 571,623.86 $ 0.00 $ 571,623.86 % 6.624999980
IA2 $ 5,541.67 $ 0.00 $ 5,541.67 % 7.000004211
IA3 $ 109,312.50 $ 0.00 $ 109,312.50 % 6.625000000
IA4 $ 7,232.29 $ 0.00 $ 7,232.29 % 6.624998473
IA5 $ 135,231.40 $ 0.00 $ 135,231.40 % 6.625000154
IA6 $ 60,796.63 $ 0.00 $ 60,796.63 % 6.624999864
IA7 $ 4,598.44 $ 0.00 $ 4,598.44 % 6.750003670
IA8 $ 15,946.68 $ 0.00 $ 15,946.68 % 6.622501466
IA9 $ 2,835.37 $ 0.00 $ 2,835.37 % 5.251284869
IA10 $ 1,083.58 $ 0.00 $ 1,083.58 %10.000046144
IIA1 $ 873,043.95 $ 0.00 $ 873,043.95 % 7.000000023
IIA2 $ 0.00 $ 0.00 $ 0.00 % 0.000000000
AR $ 0.00 $ 0.00 $ 0.00 % 0.000000000
X $ 214,165.76 $ 0.00 $ 214,165.76 % 6.624999977
M $ 48,680.98 $ 0.00 $ 48,680.98 % 6.625000273
B1 $ 28,126.78 $ 0.00 $ 28,126.78 % 6.624999347
B2 $ 23,799.59 $ 0.00 $ 23,799.59 % 6.625000679
B3 $ 11,899.79 $ 0.00 $ 11,899.79 % 6.624997911
B4 $ 6,490.80 $ 0.00 $ 6,490.80 % 6.625004482
B5 $ 10,818.01 $ 0.00 $ 10,818.01 % 6.625001602
20. Principal Distribution Amount: $ 2,903,360.15
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class P $ 234.81 $ 0.00
Class IA1 $ 824,636.20 $ 0.00
Class IA2 $ 0.00 $ 0.00
Class IA3 $ 0.00 $ 0.00
Class IA4 $ 0.00 $ 0.00
Class IA5 $ 282,794.02 $ 0.00
Class IA6 $ 0.00 $ 0.00
Class IA7 $ 0.00 $ 0.00
Class IA8 $ 0.00 $ 0.00
Class IA9 $ 0.00 $ 0.00
Class IA10 $ 0.00 $ 0.00
Class IIA1 $ 1,680,984.81 $ 0.00
Class IIA2 $ 95,150.08 $ 0.00
Class AR $ 0.00 $ 0.00
Class X $ 0.00 $ 0.00
Class M $ 7,335.09 $ 0.00
Class B1 $ 4,238.05 $ 0.00
Class B2 $ 3,586.04 $ 0.00
Class B3 $ 1,793.02 $ 0.00
Class B4 $ 978.01 $ 0.00
Class B5 $ 1,630.02 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
--------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
--------------
24. Subordinate Certificate Writedown Amount: $ 0.09
--------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
M $ 0.00 $ 0.00
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
-------------
26. The Certificate Interest Rate applicable to the Interest Accrual
Period relating to such Distribution Date applicable to any floating
index certificate.
Class Certificate Interest
Rates
Class IA8 % 6.62250147
Class IA9 % 5.25128487
Class IA10 % 10.00004614
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-M X
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 72,530.24
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category A Category B Category C
5. Senior Percentage: %N/A N/A N/A N/A
---- ---- ------ ------
6. Group I Senior Percentage:
%N/A N/A N/A N/A
---- ---- ------ ------
7. Group II Senior Percentage:
%N/A N/A N/A N/A
---- ---- ------ ------
8. Senior Prepayment Percentage:
%N/A N/A N/A N/A
---- ---- ------ ------
9. Group I Senior Prepayment
Percentage: %N/A N/A N/A N/A
---- ---- ------ ------
10. Group II Senior Prepayment
Percentage: %N/A N/A N/A N/A
---- ---- ------ ------
11. Junior Percentage: %N/A
----
12. Junior Prepayment Percentage:
%N/A
----
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.18
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
GEM Trust 99-01, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of April 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.615087
----------------------
Weighted average maturity 343.29
----------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
P $ 1.03643675 $ 0.02295248 $0.00000000 % 0.00000000
IA1 $ 6.61120383 $ 5.80083354 $4.58277463 % 6.62499998
IA2 $ 0.00000000 $ 0.00000000 $5.83333684 % 7.00000421
IA3 $ 0.00000000 $ 0.00000000 $5.52083333 % 6.62500000
IA4 $ 0.00000000 $ 0.00000000 $5.52083206 % 6.62499847
IA5 $ 8.90331451 $ 7.81198780 $4.25754295 % 6.62500015
IA6 $ 0.00000000 $ 0.00000000 $5.52083322 % 6.62499986
IA7 $ 0.00000000 $ 0.00000000 $5.62500306 % 6.75000367
IA8 $ 0.00000000 $ 0.00000000 $5.51875122 % 6.62250147
IA9 $ 0.00000000 $ 0.00000000 $4.37607072 % 5.25128487
IA10 $ 0.00000000 $ 0.00000000 $8.33337179 % 10.00004614
IIA1 $ 10.04991144 $ 9.29367861 $5.21956792 % 7.00000002
IIA2 $ 10.04991153 $ 9.29367824 $0.00000000 % 0.00000000
AR $ 0.00000000 $ 0.00000000 $0.00000000 % 0.00000000
X $ 0.00000000 $ 0.00000000 $4.62632498 % 6.62499998
M $ 0.82596905 $ 0.82596905 $5.48172998 % 6.62500027
B1 $ 0.82596879 $ 0.82596879 $5.48172921 % 6.62499935
B2 $ 0.82596819 $ 0.82596819 $5.48173032 % 6.62500068
B3 $ 0.82596819 $ 0.82596819 $5.48172802 % 6.62499791
B4 $ 0.82596755 $ 0.82596755 $5.48173347 % 6.62500448
B5 $ 0.82596812 $ 0.82596812 $5.48173113 % 6.62500160
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 72,530.24
----------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $344,562,429.75
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,746
--------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
P $ 224,316.03 $ 224,081.13 $ 989.08 23321P3M8
IA1 $ 103,539,416.46 $ 102,714,780.26 $ 823.48 23321P2Z0
IA2 $ 950,000.00 $ 950,000.00 $ 1,000.00 23321P3A4
IA3 $ 19,800,000.00 $ 19,800,000.00 $ 1,000.00 23321P3B2
IA4 $ 1,310,000.00 $ 1,310,000.00 $ 1,000.00 23321P3C0
IA5 $ 24,494,743.58 $ 24,211,949.56 $ 762.27 23321P3D8
IA6 $ 11,012,220.00 $ 11,012,220.00 $ 1,000.00 23321P3E6
IA7 $ 817,500.00 $ 817,500.00 $ 1,000.00 23321P3F3
IA8 $ 2,889,545.00 $ 2,889,545.00 $ 1,000.00 23321P3G1
IA9 $ 647,926.00 $ 647,926.00 $ 1,000.00 23321P3H9
IA10 $ 130,029.00 $ 130,029.00 $ 1,000.00 23321P3J5
IIA1 $ 149,664,676.65 $ 147,983,691.85 $ 884.73 23321P3K2
IIA2 $ 8,471,585.08 $ 8,376,435.00 $ 884.73 23321P3L0
AR $ 0.00 $ 0.00 $ 0.00 23321P3P1
X $ 38,792,288.74 $ 38,322,256.61 $ 827.82 23321P3N6
M $ 8,817,686.58 $ 8,810,351.49 $ 992.09 23321P3Q9
B1 $ 5,094,662.54 $ 5,090,424.49 $ 992.09 23321P3R7
B2 $ 4,310,868.69 $ 4,307,282.64 $ 992.09 23321P3S5
B3 $ 2,155,434.34 $ 2,153,641.32 $ 992.09 23321P3T3
B4 $ 1,175,691.28 $ 1,174,713.27 $ 992.09 23321P3U0
B5 $ 1,959,488.13 $ 1,957,858.11 $ 992.09 23321P3V8
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 9 Principal Balance $ 1,674,163.07
-------- -------------
2. 60-89 days
Number 2 Principal Balance $ 331,199.91
-------- -------------
3. 90 days or more
Number 1 Principal Balance $ 309,966.15
-------- -------------
4. In Foreclosure
Number 2 Principal Balance $ 518,875.80
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
----------
7. The Certificate Interest Rate applicable to the Interest Accrual
Period relating to such Distribution Date applicable to any
floating index certificate:
Certificate Interest
Class Rates
IA8 % 6.62250147
IA9 % 5.25128487
IA10 % 10.00004614
E. Other Information:
1. Special Hazard Loss Amount: $ 4,152,644.00
--------------
2. Bankruptcy Loss Amount: $ 135,125.00
--------------
3. Fraud Loss Amount: $ 7,893,855.00
--------------
4. Certificate Interest Rate of the Class S Certificate: %0.00000000
-----------
G.
Rounding Amount
Opening Reimbursement (Withdrawl) Closing
Class Balance Amount Balance
- ----- ------- ------ --------------- -------
IA2 $ 999.99 $ 0.00 $ 0.00 $ 999.99
Exhibit 99.19
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-09, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of April 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 428,165.08
-------------
(b) Interest $ 2,840,729.15
-------------
(c) Total $ 3,268,894.23
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 308,177.59
-------------
(b) Interest $ 2,050,549.63
-------------
(c) Total $ 2,358,727.22
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 119,987.49
-------------
(b) Interest $ 790,179.52
-------------
(c) Total $ 910,167.01
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 269,018.61
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 610,633.33
------------
(b) Interest $ 3,462.41
------------
(c) Total $ 614,095.74
------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
12. Pool Scheduled Principal Balance: $477,351,928.71
---------------
13. Available Funds: $ 4,055,459.38
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 1,751.07
-------------
18. Total interest payments: $ 2,747,642.36
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
1PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
2PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
1A1 $ 463,721.06 $ 0.00 $ 463,721.06 %6.100000046
1A2 $ 162,666.67 $ 0.00 $ 162,666.67 %6.100000125
1A4 $ 243,092.94 $ 0.00 $ 243,092.94 %6.499999917
1A5 $ 0.00 $ 0.00 $ 0.00 %0.000000000
1A6 $ 213,750.00 $ 0.00 $ 213,750.00 %6.750000000
1A7 $ 6,766.88 $ 0.00 $ 6,766.88 %6.750004988
1A8 $ 339,365.00 $ 0.00 $ 339,365.00 %6.500000000
1A3 $ 503,555.88 $ 0.00 $ 202,227.84 %8.202078582
1A9 $ 24,125.45 $ 0.00 $ 0.00 %6.749999479
RL $ 0.00 $ 0.00 $ 0.00 %0.000000000
1S $ 52,557.72 $ 0.00 $ 52,557.72 %0.263273396
2A1 $ 199,309.60 $ 0.00 $ 199,309.60 %6.750000167
2A2 $ 20,548.13 $ 0.00 $ 20,548.13 %6.750001642
2A3 $ 67,719.38 $ 0.00 $ 67,719.38 %6.750000498
2A4 $ 9,843.75 $ 0.00 $ 9,843.75 %6.750000000
2A5 $ 255,518.96 $ 0.00 $ 255,518.96 %6.750000025
2A6 $ 11,250.00 $ 0.00 $ 11,250.00 %6.750000000
2A7 $ 14,625.00 $ 0.00 $ 14,625.00 %6.750000000
2A8 $ 5,625.00 $ 0.00 $ 5,625.00 %6.750000000
2A9 $ 20,250.00 $ 0.00 $ 20,250.00 %6.750000000
2S $ 21,457.86 $ 0.00 $ 21,457.86 %0.299216807
M $ 51,749.50 $ 0.00 $ 51,749.50 %6.749999561
B1 $ 20,976.66 $ 0.00 $ 20,976.66 %6.749999348
B2 $ 12,581.53 $ 0.00 $ 12,581.53 %6.749999078
B3 $ 13,988.16 $ 0.00 $ 13,988.16 %6.749998751
B4 $ 5,598.61 $ 0.00 $ 5,598.61 %6.749995012
B5 $ 6,998.62 $ 0.00 $ 6,998.62 %6.750000603
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 1,307,817.02
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class 1PO $ 2,940.95 $ 0.00
Class 2PO $ 7,401.56 $ 0.00
Class 1A1 $ 881,260.48 $ 0.00
Class 1A2 $ 0.00 $ 0.00
Class 1A4 $ 325,453.49 $ 0.00
Class 1A5 $ 0.00 $ 0.00
Class 1A6 $ 0.00 $ 0.00
Class 1A7 $ 0.00 $ 0.00
Class 1A8 $ 0.00 $ 0.00
Class 1A3 $ 0.00 $ 301,328.04
Class 1A9 $ 0.00 $ 24,125.45
Class RL $ 0.00 $ 0.00
Class 1S $ 0.00 $ 0.00
Class 2A1 $ 156,757.71 $ 0.00
Class 2A2 $ 0.00 $ 0.00
Class 2A3 $ 0.00 $ 0.00
Class 2A4 $ 0.00 $ 0.00
Class 2A5 $ 241,668.13 $ 0.00
Class 2A6 $ 0.00 $ 0.00
Class 2A7 $ 0.00 $ 0.00
Class 2A8 $ 0.00 $ 0.00
Class 2A9 $ 0.00 $ 0.00
Class 2S $ 0.00 $ 0.00
Class M $ 8,226.87 $ 0.00
Class B1 $ 3,334.76 $ 0.00
Class B2 $ 2,000.15 $ 0.00
Class B3 $ 2,223.77 $ 0.00
Class B4 $ 890.04 $ 0.00
Class B5 $ 1,112.60 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
-------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
-------------
24. Subordinate Certificate Writedown Amount: $ 0.00
-------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
-------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 92,869.73
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category A Category B Category C
5. Senior Percentage: %N/A N/A N/A N/A
---- ---- ------ ------
6. Group I Senior Percentage:
%N/A N/A N/A N/A
---- ---- ------ ------
7. Group II Senior Percentage:
%N/A N/A N/A N/A
---- ---- ------ ------
8. Senior Prepayment Percentage:
%N/A N/A N/A N/A
---- ---- ------ ------
9. Group I Senior Prepayment
Percentage: %N/A N/A N/A N/A
---- ---- ------ ------
10. Group II Senior Prepayment
Percentage: %N/A N/A N/A N/A
---- ---- ------ ------
11. Junior Percentage: %N/A
----
12. Junior Prepayment Percentage:
%N/A
----
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.20
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-09, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of April 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.132613
---------------------
Weighted average maturity 346.50
---------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
1PO $ 1.00870603 $ 0.09308652 $ 0.00000000 %0.00000000
2PO $ 13.98219724 $ 13.06733087 $ 0.00000000 %0.00000000
1A1 $ 8.94108824 $ 5.79717551 $ 4.70481885 %6.10000005
1A2 $ 0.00000000 $ 0.00000000 $ 5.08333344 %6.10000013
1A4 $ 6.50373674 $ 4.21685858 $ 4.85787534 %6.49999992
1A5 $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
1A6 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
1A7 $ 0.00000000 $ 0.00000000 $ 5.62500416 %6.75000499
1A8 $ 0.00000000 $ 0.00000000 $ 5.41666667 %6.50000000
1A3 $ 0.00000000 $ 0.00000000 $ 7.08206236 %8.20207858
1A9 $ 0.00000000 $ 0.00000000 $ 4.93969083 %6.74999948
RL $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
1S $ 0.00000000 $ 0.00000000 $ 0.20994175 %0.26327340
2A1 $ 4.08223203 $ 3.08479766 $ 5.19035417 %6.75000017
2A2 $ 0.00000000 $ 0.00000000 $ 5.62500137 %6.75000164
2A3 $ 0.00000000 $ 0.00000000 $ 5.62500042 %6.75000050
2A4 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
2A5 $ 4.83336260 $ 3.65240060 $ 5.11037920 %6.75000003
2A6 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
2A7 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
2A8 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
2A9 $ 0.00000000 $ 0.00000000 $ 5.62500000 %6.75000000
2S $ 0.00000000 $ 0.00000000 $ 0.23083012 %0.29921681
M $ 0.88737677 $ 0.88737677 $ 5.58186819 %6.74999956
B1 $ 0.88737626 $ 0.88737626 $ 5.58186801 %6.74999935
B2 $ 0.88737799 $ 0.88737799 $ 5.58186779 %6.74999908
B3 $ 0.88737829 $ 0.88737829 $ 5.58186752 %6.74999875
B4 $ 0.88737787 $ 0.88737787 $ 5.58186441 %6.74999501
B5 $ 0.88737316 $ 0.88737316 $ 5.58186907 %6.75000060
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
1A3 $ 301,328.04
1A9 $ 24,125.45
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 92,869.73
-----------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 477,351,928.71
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,451
-----------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
1PO $ 2,834,758.30 $ 2,831,817.35 $ 971.28 GEC9991PO
2PO $ 513,561.46 $ 506,159.89 $ 956.18 GEC9992PO
1A1 $ 91,223,814.39 $ 90,342,553.91 $ 916.60 36157RT21
1A2 $ 32,000,000.00 $ 32,000,000.00 $ 1,000.00 36157RS89
1A4 $ 44,878,697.19 $ 44,553,243.70 $ 890.33 36157RT39
1A5 $ 0.00 $ 0.00 $ 0.00 36157RT47
1A6 $ 38,000,000.00 $ 38,000,000.00 $ 1,000.00 36157RT54
1A7 $ 1,203,000.00 $ 1,203,000.00 $ 1,000.00 36157RT62
1A8 $ 62,652,000.00 $ 62,652,000.00 $ 1,000.00 36157RT70
1A3 $ 73,672,429.49 $ 73,973,757.54 $ 1,040.37 36157RS97
1A9 $ 4,288,969.22 $ 4,313,094.67 $ 883.11 36157RT88
RL $ 0.00 $ 0.00 $ 0.00 36157RU29
1S $ 239,558,059.88 $ 238,794,034.57 $ 953.86 GEC99091S
2A1 $ 35,432,816.90 $ 35,276,059.19 $ 918.65 36157RU37
2A2 $ 3,653,000.00 $ 3,653,000.00 $ 1,000.00 36157RU45
2A3 $ 12,039,000.00 $ 12,039,000.00 $ 1,000.00 36157RU52
2A4 $ 1,750,000.00 $ 1,750,000.00 $ 1,000.00 36157RU60
2A5 $ 45,425,592.72 $ 45,183,924.59 $ 903.68 36157RU78
2A6 $ 2,000,000.00 $ 2,000,000.00 $ 1,000.00 36157RU86
2A7 $ 2,600,000.00 $ 2,600,000.00 $ 1,000.00 36157RU94
2A8 $ 1,000,000.00 $ 1,000,000.00 $ 1,000.00 36157RV28
2A9 $ 3,600,000.00 $ 3,600,000.00 $ 1,000.00 36157RV36
2S $ 86,056,101.91 $ 85,967,100.17 $ 924.78 GEC99092S
M $ 9,199,911.71 $ 9,191,684.83 $ 991.44 36157RV44
B1 $ 3,729,184.36 $ 3,725,849.60 $ 991.44 36157RV51
B2 $ 2,236,716.75 $ 2,234,716.60 $ 991.44 36157RV69
B3 $ 2,486,784.46 $ 2,484,560.69 $ 991.44 36157RV77
B4 $ 995,309.18 $ 994,419.14 $ 991.44 36157RV85
B5 $ 1,244,199.00 $ 1,243,086.39 $ 991.44 36157RV93
R $ 0.00 $ 0.00 $ 0.00 36157RT96
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 8 Principal Balance $ 2,416,966.11
-------- -------------
2. 60-89 days
Number 1 Principal Balance $ 203,192.92
-------- -------------
3. 90 days or more
Number 1 Principal Balance $ 256,998.04
-------- -------------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -------------
5. Real Estate Owned
Number 1 Principal Balance $ 197,684.81
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
-----------
E. Other Information:
1. Special Hazard Loss Amount: $ 5,011,339.00
--------------
2. Bankruptcy Loss Amount: $ 165,208.00
--------------
3. Fraud Loss Amount: $ 5,011,339.00
--------------
4. Certificate Interest Rate of the Class S Certificate:%0.26327340
-----------
F.
Ending Notional Component Balances (if applicable):
Ending Notional Balance
Class
Class 1A3_1 $ 0.00
Class 1A3_2 $ 0.00
Class 1A3_3 $ 142,445,553.91
Class 1A3_4 $ 107,205,243.70
Ending Component Principal Balances (if applicable):
Ending Component Balance
Class
Class 1A3_1 $ 20,103,000.00
Class 1A3_2 $ 53,870,757.54
Class 1A3_3 $ 0.00
Class 1A3_4 $ 0.00
Exhibit 99.21
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-11, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of May 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 799,383.50
-------------
(b) Interest $ 5,391,657.04
-------------
(c) Total $ 6,191,040.54
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 618,599.39
-------------
(b) Interest $ 4,171,408.71
-------------
(c) Total $ 4,790,008.10
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 180,784.11
-------------
(b) Interest $ 1,220,248.33
-------------
(c) Total $ 1,401,032.44
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 189,352.98
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 2,398,758.92
-------------
(b) Interest $ 14,549.02
-------------
(c) Total $ 2,413,307.94
-------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
-------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
---------------
(b) Interest $ 0.00
---------------
(c) Total $ 0.00
---------------
12. Pool Scheduled Principal Balance: $901,770,697.60
---------------
13. Available Funds: $ 8,604,408.85
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 2,211.77
-------------
18. Total interest payments: $ 5,216,913.46
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 153,408.89 $ 0.00 $ 153,408.89 %5.950000013
A2 $ 228,536.00 $ 0.00 $ 228,536.00 %6.000000000
A3 $ 892,574.07 $ 0.00 $ 892,574.07 %6.249999980
A4 $ 210,705.15 $ 0.00 $ 210,705.15 %6.113750113
A5 $ 82,240.06 $ 0.00 $ 82,240.06 %2.386250057
A6 $ 1,198,467.43 $ 0.00 $ 1,198,467.43 %6.500000005
A7 $ 755,721.35 $ 0.00 $ 755,721.35 %6.499999975
A8 $ 271,793.17 $ 0.00 $ 271,793.17 %6.499999905
A9 $ 5,655.89 $ 0.00 $ 0.00 %6.500003036
A10 $ 102,533.15 $ 0.00 $ 102,533.15 %6.500000317
A11 $ 36,259.17 $ 0.00 $ 36,259.17 %6.500000598
A12 $ 8,706.67 $ 0.00 $ 8,706.67 %8.000003063
A13 $ 102,707.73 $ 0.00 $ 102,707.73 %6.313749920
A14 $ 35,564.40 $ 0.00 $ 35,564.40 %7.105311517
A15 $ 0.00 $ 0.00 $ 0.00 %0.000000000
A16 $ 0.00 $ 0.00 $ 0.00 %0.000000000
A17 $ 21,350.55 $ 0.00 $ 0.00 %6.499999967
A18 $ 31,669.04 $ 0.00 $ 31,669.04 %6.749999467
A19 $ 32,841.97 $ 0.00 $ 32,841.97 %7.000000000
A20 $ 0.00 $ 0.00 $ 0.00 %0.000000000
A21 $ 7,116.85 $ 0.00 $ 0.00 %6.499999951
A22 $ 515,883.47 $ 0.00 $ 515,883.47 %6.500000016
S $ 318,222.99 $ 0.00 $ 318,222.99 %0.444702617
RL $ 0.00 $ 0.00 $ 0.00 %0.000000000
M $ 94,792.64 $ 0.00 $ 94,792.64 %6.500000227
B1 $ 38,428.14 $ 0.00 $ 38,428.14 %6.500000216
B2 $ 23,057.96 $ 0.00 $ 23,057.96 %6.500000235
B3 $ 25,618.76 $ 0.00 $ 25,618.76 %6.500000221
B4 $ 10,248.58 $ 0.00 $ 10,248.58 %6.500000235
B5 $ 12,809.38 $ 0.00 $ 12,809.38 %6.499997953
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 3,387,495.39
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 1,439.59 $ 0.00
Class A1 $ 0.00 $ 0.00
Class A2 $ 0.00 $ 0.00
Class A3 $ 0.00 $ 0.00
Class A4 $ 0.00 $ 0.00
Class A5 $ 0.00 $ 0.00
Class A6 $ 1,576,509.34 $ 0.00
Class A7 $ 1,810,258.32 $ 0.00
Class A8 $ 0.00 $ 0.00
Class A9 $ 0.00 $ 5,655.89
Class A10 $ 0.00 $ 0.00
Class A11 $ 0.00 $ 0.00
Class A12 $ 0.00 $ 0.00
Class A13 $ 0.00 $ 0.00
Class A14 $ 0.00 $ 0.00
Class A15 $ 0.00 $ 0.00
Class A16 $ 0.00 $ 0.00
Class A17 $ 0.00 $ 21,350.55
Class A18 $ 0.00 $ 0.00
Class A19 $ 0.00 $ 0.00
Class A20 $ 0.00 $ 0.00
Class A21 $ 0.00 $ 7,116.85
Class A22 $ 0.00 $ 0.00
Class S $ 0.00 $ 0.00
Class RL $ 0.00 $ 0.00
Class M $ 15,452.91 $ 0.00
Class B1 $ 6,264.48 $ 0.00
Class B2 $ 3,758.86 $ 0.00
Class B3 $ 4,176.32 $ 0.00
Class B4 $ 1,670.70 $ 0.00
Class B5 $ 2,088.16 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
---------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
---------------
24. Subordinate Certificate Writedown Amount: $ 0.00
---------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
--------------
26. The Certificate Interest Rate applicable to the Interest Accrual
Period relating to such Distribution Date applicable to any floating
index certificate.
Class Certificate Interest
Rates
Class A4 % 6.11375011
Class A5 % 2.38625006
Class A13 % 6.31374992
Class A14 % 7.10531152
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 180,536.49
-----------
3. Supplemental Servicing Fee amount: $ N/A
-----------
4. Credit Losses for prior month: $ 0.00
-----------
Category Category Category
A B C
5. Senior Percentage: % 95.814723 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 4.185277
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.22
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-11, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of May 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.169217
-----------------------
Weighted average maturity 346.73
-----------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 1.24505643 $ 0.31553872 $ 0.00000000 % 0.00000000
A1 $ 0.00000000 $ 0.00000000 $ 4.95833334 % 5.95000001
A2 $ 0.00000000 $ 0.00000000 $ 5.00000000 % 6.00000000
A3 $ 0.00000000 $ 0.00000000 $ 5.20833332 % 6.24999998
A4 $ 0.00000000 $ 0.00000000 $ 5.09479176 % 6.11375011
A5 $ 0.00000000 $ 0.00000000 $ 1.98854171 % 2.38625006
A6 $ 6.67305541 $ 5.15061473 $ 5.07287801 % 6.50000000
A7 $ 11.98855811 $ 9.25339895 $ 5.00481573 % 6.49999998
A8 $ 0.00000000 $ 0.00000000 $ 5.03511982 % 6.49999990
A9 $ 0.00000000 $ 0.00000000 $ 5.65589000 % 6.50000304
A10 $ 0.00000000 $ 0.00000000 $ 5.41666693 % 6.50000032
A11 $ 0.00000000 $ 0.00000000 $ 5.41666716 % 6.50000060
A12 $ 0.00000000 $ 0.00000000 $ 6.66666922 % 8.00000306
A13 $ 0.00000000 $ 0.00000000 $ 4.89084429 % 6.31374992
A14 $ 0.00000000 $ 0.00000000 $ 5.50401468 % 7.10531152
A15 $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
A16 $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
A17 $ 0.00000000 $ 0.00000000 $ 4.27011000 % 6.49999997
A18 $ 0.00000000 $ 0.00000000 $ 5.62499956 % 6.74999947
A19 $ 0.00000000 $ 0.00000000 $ 5.83333333 % 7.00000000
A20 $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
A21 $ 0.00000000 $ 0.00000000 $ 1.42337000 % 6.49999995
A22 $ 0.00000000 $ 0.00000000 $ 5.41666668 % 6.50000002
S $ 0.00000000 $ 0.00000000 $ 0.35201291 % 0.44470262
RL $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
M $ 0.87700965 $ 0.00000000 $ 5.37983201 % 6.50000023
B1 $ 0.87700966 $ 0.00000000 $ 5.37983200 % 6.50000022
B2 $ 0.87700887 $ 0.00000000 $ 5.37983201 % 6.50000023
B3 $ 0.87700966 $ 0.00000000 $ 5.37983200 % 6.50000022
B4 $ 0.87700787 $ 0.00000000 $ 5.37983202 % 6.50000024
B5 $ 0.87700935 $ 0.00000000 $ 5.37983013 % 6.49999795
R $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
A9 $ 5,655.89
A17 $ 21,350.55
A21 $ 7,116.85
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 180,536.49
-----------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $901,770,697.60
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 2,772
------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 1,085,953.95 $ 1,084,514.36 $ 937.96 GEC9911PO
A1 $ 30,939,608.00 $ 30,939,608.00 $ 1,000.00 36157RX83
A2 $ 45,707,200.00 $ 45,707,200.00 $ 1,000.00 36157RX91
A3 $ 171,374,222.00 $ 171,374,222.00 $ 1,000.00 36157RY25
A4 $ 41,356,970.00 $ 41,356,970.00 $ 1,000.00 36157RY33
A5 $ 41,356,970.00 $ 41,356,970.00 $ 1,000.00 36157RY41
A6 $ 221,255,525.38 $ 219,679,016.04 $ 929.86 36157RY58
A7 $ 139,517,788.22 $ 137,707,529.90 $ 911.98 36157RY66
A8 $ 50,177,201.35 $ 50,177,201.35 $ 929.56 36157RY74
A9 $ 1,044,163.82 $ 1,049,819.70 $ 1,049.82 36157RY82
A10 $ 18,929,196.00 $ 18,929,196.00 $ 1,000.00 36157RY90
A11 $ 6,694,000.00 $ 6,694,000.00 $ 1,000.00 36157RZ24
A12 $ 1,306,000.00 $ 1,306,000.00 $ 1,000.00 36157RZ32
A13 $ 19,520,772.53 $ 19,520,772.53 $ 929.56 36157RZ40
A14 $ 6,006,391.12 $ 6,006,391.12 $ 929.56 36157RZ57
A15 $ 0.00 $ 0.00 $ 0.00 36157RZ65
A16 $ 0.00 $ 0.00 $ 0.00 36157RZ73
A17 $ 3,941,640.02 $ 3,962,990.57 $ 792.60 36157RZ81
A18 $ 5,630,052.00 $ 5,630,052.00 $ 1,000.00 36157RZ99
A19 $ 5,630,052.00 $ 5,630,052.00 $ 1,000.00 36157R2A2
A20 $ 649,621.00 $ 649,621.00 $ 1,000.00 36157R2B0
A21 $ 1,313,880.01 $ 1,320,996.86 $ 264.20 36157R2C8
A22 $ 95,240,025.00 $ 95,240,025.00 $ 1,000.00 36157R2D6
S $ 858,703,261.41 $ 855,374,864.21 $ 946.20 GEC99011S
RL $ 0.00 $ 0.00 $ 0.00 36157R2F1
M $ 17,500,179.08 $ 17,484,726.18 $ 992.32 36157R2G9
B1 $ 7,094,425.61 $ 7,088,161.13 $ 992.32 36157R2H7
B2 $ 4,256,854.00 $ 4,253,095.14 $ 992.32 36157R2J3
B3 $ 4,729,617.07 $ 4,725,440.75 $ 992.32 36157R2N4
B4 $ 1,892,045.47 $ 1,890,374.77 $ 992.32 36157R2P9
B5 $ 2,364,809.36 $ 2,362,721.20 $ 992.32 36157R2Q7
R $ 0.00 $ 0.00 $ 0.00 36157R2E4
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 17 Principal Balance $ 6,015,561.69
-------- -------------
2. 60-89 days
Number 1 Principal Balance $ 924,071.87
-------- -------------
3. 90 days or more
Number 1 Principal Balance $ 252,223.86
-------- -------------
4. In Foreclosure
Number 1 Principal Balance $ 356,588.39
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
----------
7. The Certificate Interest Rate applicable to the Interest Accrual
Period relating to such Distribution Date applicable to any
floating index certificate:
Certificate Interest
Class Rates
A4 % 6.11375011
A5 % 2.38625006
A13 % 6.31374992
A14 % 7.10531152
E. Other Information:
1. Special Hazard Loss Amount: $ 9,524,003.00
--------------
2. Bankruptcy Loss Amount: $ 323,391.00
--------------
3. Fraud Loss Amount: $ 9,524,003.00
--------------
4. Certificate Interest Rate of the Class S Certificate:%0.00000000
-----------
G.
Rounding Amount
Opening Reimbursement (Withdrawl) Closing
Class Balance Amount Balance
- ----- ------- ------ --------------- -------
A12-INT $ 26,120.00 $ 0.00 $ 0.00 $ 11,427.50
A11 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A12 $ 999.99 $ 0.00 $ 0.00 $ 999.99
Exhibit 99.23
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-12, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of May 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 698,455.41
-------------
(b) Interest $ 1,016,238.72
-------------
(c) Total $ 1,714,694.13
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 512,826.81
-------------
(b) Interest $ 730,979.39
-------------
(c) Total $ 1,243,806.20
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 185,628.60
-------------
(b) Interest $ 285,259.33
-------------
(c) Total $ 470,887.93
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 138,411.55
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
-------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
12. Pool Scheduled Principal Balance: $177,079,777.18
---------------
13. Available Funds: $ 1,816,312.69
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
------------
17. Compensating Interest Payment: $ 743.21
------------
18. Total interest payments: $ 979,445.75
------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 62,846.96 $ 0.00 $ 62,846.96 %6.250000036
A2 $ 214,950.91 $ 0.00 $ 214,950.91 %6.249999871
A3 $ 624,537.39 $ 0.00 $ 624,537.39 %6.249999967
S $ 55,197.30 $ 0.00 $ 55,197.30 %0.410354189
M $ 8,760.52 $ 0.00 $ 8,760.52 %6.250001486
B1 $ 3,412.20 $ 0.00 $ 3,412.20 %6.249992654
B2 $ 2,921.86 $ 0.00 $ 2,921.86 %6.250005013
B3 $ 3,407.15 $ 0.00 $ 3,407.15 %6.250002006
B4 $ 1,946.22 $ 0.00 $ 1,946.22 %6.249999665
B5 $ 1,465.24 $ 0.00 $ 1,465.24 %6.249987337
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 836,866.94
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 1,926.79 $ 0.00
Class A1 $ 47,372.86 $ 0.00
Class A2 $ 204,591.14 $ 0.00
Class A3 $ 566,458.41 $ 0.00
Class S $ 0.00 $ 0.00
Class M $ 6,603.51 $ 0.00
Class B1 $ 2,572.06 $ 0.00
Class B2 $ 2,202.44 $ 0.00
Class B3 $ 2,568.24 $ 0.00
Class B4 $ 1,467.02 $ 0.00
Class B5 $ 1,104.47 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
--------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
--------------
24. Subordinate Certificate Writedown Amount: $ 0.00
--------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
--------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 34,443.48
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 97.629080 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 2.370920
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.24
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-12, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of May 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 6.859457
------------------------
Weighted average maturity 165.57
------------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 3.85030124 $ 0.30476048 $ 0.00000000 %0.00000000
A1 $ 3.81045249 $ 0.64371364 $ 5.05511712 %6.25000004
A2 $ 4.50716599 $ 0.76141182 $ 4.73539289 %6.24999987
A3 $ 4.35737238 $ 0.73610654 $ 4.80413377 %6.24999997
S $ 0.00000000 $ 0.00000000 $ 0.31596076 %0.41035419
M $ 3.81045009 $ 0.00000000 $ 5.05511829 %6.25000149
B1 $ 3.81045926 $ 0.00000000 $ 5.05511111 %6.24999265
B2 $ 3.81044983 $ 0.00000000 $ 5.05512111 %6.25000501
B3 $ 3.81044510 $ 0.00000000 $ 5.05511869 %6.25000201
B4 $ 3.81044156 $ 0.00000000 $ 5.05511688 %6.24999967
B5 $ 3.81044322 $ 0.00000000 $ 5.05510682 %6.24998734
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 34,443.48
-----------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 177,079,777.18
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 625
--------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 460,939.95 $ 459,013.16 $ 917.25 GEC9912PO
A1 $ 12,066,616.25 $ 12,019,243.39 $ 966.77 36157RW92
A2 $ 41,270,575.57 $ 41,065,984.43 $ 904.69 36157RX26
A3 $ 119,911,179.52 $ 119,344,721.11 $ 918.04 36157RX34
S $ 161,413,631.72 $ 160,644,298.49 $ 919.56 GEC99012S
M $ 1,682,019.44 $ 1,675,415.93 $ 966.77 36157RX59
B1 $ 655,143.17 $ 652,571.12 $ 966.77 36157RX67
B2 $ 560,996.67 $ 558,794.23 $ 966.77 36157RX75
B3 $ 654,172.59 $ 651,604.35 $ 966.77 36157R2K0
B4 $ 373,674.26 $ 372,207.23 $ 966.77 36157R2L8
B5 $ 281,326.65 $ 280,222.18 $ 966.77 36157R2M6
R $ 0.00 $ 0.00 $ 0.00 36157RX42
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 2 Principal Balance $ 676,583.36
-------- -----------
2. 60-89 days
Number 0 Principal Balance $ 0.00
-------- -----------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -----------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -----------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -----------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
------------
E. Other Information:
1. Special Hazard Loss Amount: $ 1,926,601.00
-------------
2. Bankruptcy Loss Amount: $ 100,000.00
-------------
3. Fraud Loss Amount: $ 1,926,601.00
-------------
4. Certificate Interest Rate of the Class S Certificate: %0.00000000
-----------
Exhibit 99.25
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-13, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of June 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 423,609.64
-------------
(b) Interest $ 2,849,543.32
-------------
(c) Total $ 3,273,152.96
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 286,530.57
-------------
(b) Interest $ 1,921,058.43
-------------
(c) Total $ 2,207,589.00
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 137,079.07
-------------
(b) Interest $ 928,484.89
-------------
(c) Total $ 1,065,563.96
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 339,666.28
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 1,379,118.30
-------------
(b) Interest $ 8,816.91
-------------
(c) Total $ 1,387,935.21
-------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
-------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
---------------
(b) Interest $ 0.00
---------------
(c) Total $ 0.00
---------------
12. Pool Scheduled Principal Balance: $477,804,514.09
---------------
13. Available Funds: $ 4,899,333.51
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 2,200.07
-------------
18. Total interest payments: $ 2,756,939.29
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 204,042.08 $ 0.00 $ 204,042.08 %6.500000041
A2 $ 82,796.71 $ 0.00 $ 82,796.71 %6.863750249
A3 $ 256,912.58 $ 0.00 $ 256,912.58 %6.499999985
A4 $ 13,706.47 $ 0.00 $ 13,706.47 %4.058036078
A5 $ 14,886.03 $ 0.00 $ 14,886.03 %7.000002351
A6 $ 27,489.09 $ 0.00 $ 27,489.09 %6.999999151
A7 $ 11,666.67 $ 0.00 $ 11,666.67 %7.000002000
A8 $ 172,948.19 $ 0.00 $ 172,948.19 %7.500000206
A9 $ 653,769.81 $ 0.00 $ 653,769.81 %5.999999978
A10 $ 155,653.37 $ 0.00 $ 155,653.37 %6.750000142
A11 $ 556,614.85 $ 0.00 $ 556,614.85 %7.000000013
A12 $ 112,162.92 $ 0.00 $ 112,162.92 %6.500000193
A13 $ 20,113.33 $ 0.00 $ 20,113.33 %6.999998840
A14 $ 0.00 $ 0.00 $ 0.00 %0.000000000
A15 $ 24,523.33 $ 0.00 $ 24,523.33 %6.999999049
A16 $ 6,653.74 $ 0.00 $ 6,653.74 %6.999994740
A17 $ 169,225.00 $ 0.00 $ 169,225.00 %6.000000000
S $ 159,633.66 $ 0.00 $ 159,633.66 %0.418060783
M $ 56,449.03 $ 0.00 $ 56,449.03 %6.500000196
B1 $ 20,123.06 $ 0.00 $ 20,123.06 %6.500000598
B2 $ 12,072.76 $ 0.00 $ 12,072.76 %6.500001110
B3 $ 13,413.58 $ 0.00 $ 13,413.58 %6.500001367
B4 $ 5,363.28 $ 0.00 $ 5,363.28 %6.500003676
B5 $ 6,719.75 $ 0.00 $ 6,719.75 %6.500003829
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 2,142,394.22
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 537.93 $ 0.00
Class A1 $ 368,503.64 $ 0.00
Class A2 $ 0.00 $ 0.00
Class A3 $ 41,858.14 $ 0.00
Class A4 $ 0.00 $ 0.00
Class A5 $ 0.00 $ 0.00
Class A6 $ 0.00 $ 0.00
Class A7 $ 0.00 $ 0.00
Class A8 $ 150,299.65 $ 0.00
Class A9 $ 894,023.77 $ 0.00
Class A10 $ 150,299.65 $ 0.00
Class A11 $ 518,274.65 $ 0.00
Class A12 $ 0.00 $ 0.00
Class A13 $ 0.00 $ 0.00
Class A14 $ 0.00 $ 0.00
Class A15 $ 0.00 $ 0.00
Class A16 $ 0.00 $ 0.00
Class A17 $ 0.00 $ 0.00
Class S $ 0.00 $ 0.00
Class M $ 9,197.10 $ 0.00
Class B1 $ 3,278.60 $ 0.00
Class B2 $ 1,966.99 $ 0.00
Class B3 $ 2,185.44 $ 0.00
Class B4 $ 873.83 $ 0.00
Class B5 $ 1,094.83 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
-------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
-------------
24. Subordinate Certificate Writedown Amount: $ 0.00
-------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
------------
26. The Certificate Interest Rate applicable to the Interest Accrual
Period relating to such Distribution Date applicable to any floating
index certificate.
Class Certificate Interest
Rates
Class A2 % 6.86375025
Class A4 % 4.05803608
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 97,587.34
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 95.605390 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 4.394610
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.26
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-13, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of June 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.152332
------------------------
Weighted average maturity 349.07
------------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 1.20010323 $ 0.22523827 $ 0.00000000 %0.00000000
A1 $ 9.00414504 $ 7.28845282 $ 4.98563456 %6.50000004
A2 $ 0.00000000 $ 0.00000000 $ 5.71979187 %6.86375025
A3 $ 0.87733497 $ 0.71016337 $ 5.38481619 %6.49999998
A4 $ 0.00000000 $ 0.00000000 $ 3.38169673 %4.05803608
A5 $ 0.00000000 $ 0.00000000 $ 5.83333529 %7.00000235
A6 $ 0.00000000 $ 0.00000000 $ 5.83333263 %6.99999915
A7 $ 0.00000000 $ 0.00000000 $ 5.83333500 %7.00000200
A8 $ 5.18274655 $ 4.19520138 $ 5.96373069 %7.50000021
A9 $ 6.44782929 $ 5.21922945 $ 4.71508283 %5.99999998
A10 $ 5.18274655 $ 4.19520138 $ 5.36735759 %6.75000014
A11 $ 5.18274650 $ 4.19520150 $ 5.56614850 %7.00000001
A12 $ 0.00000000 $ 0.00000000 $ 5.41666683 %6.50000019
A13 $ 0.00000000 $ 0.00000000 $ 5.83333237 %6.99999884
A14 $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
A15 $ 0.00000000 $ 0.00000000 $ 5.83333254 %6.99999905
A16 $ 0.00000000 $ 0.00000000 $ 5.83332895 %6.99999474
A17 $ 0.00000000 $ 0.00000000 $ 5.00000000 %6.00000000
S $ 0.00000000 $ 0.00000000 $ 0.33478760 %0.41806078
M $ 0.87733473 $ 0.00000000 $ 5.38481637 %6.50000020
B1 $ 0.87733476 $ 0.00000000 $ 5.38481670 %6.50000060
B2 $ 0.87733720 $ 0.00000000 $ 5.38481713 %6.50000111
B3 $ 0.87733440 $ 0.00000000 $ 5.38481734 %6.50000137
B4 $ 0.87733936 $ 0.00000000 $ 5.38481928 %6.50000368
B5 $ 0.87733351 $ 0.00000000 $ 5.38481940 %6.50000383
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 97,587.34
----------------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 477,804,514.09
----------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,437
------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 444,333.95 $ 443,796.02 $ 990.09 GEC9913PO
A1 $ 37,669,306.84 $ 37,300,803.20 $ 911.42 36157R2R5
A2 $ 14,475,476.00 $ 14,475,476.00 $ 1,000.00 36157R2S3
A3 $ 47,430,014.88 $ 47,388,156.74 $ 993.24 36157R2T1
A4 $ 4,053,134.00 $ 4,053,134.00 $ 1,000.00 36157R2U8
A5 $ 2,551,890.00 $ 2,551,890.00 $ 1,000.00 36157R2V6
A6 $ 4,712,416.00 $ 4,712,416.00 $ 1,000.00 36157R2W4
A7 $ 2,000,000.00 $ 2,000,000.00 $ 1,000.00 36157R2X2
A8 $ 27,671,709.64 $ 27,521,409.99 $ 949.01 36157R2Y0
A9 $ 130,753,962.49 $ 129,859,938.71 $ 936.57 36157R2Z7
A10 $ 27,671,709.64 $ 27,521,409.99 $ 949.01 36157R3A1
A11 $ 95,419,688.40 $ 94,901,413.75 $ 949.01 36157R3B9
A12 $ 20,707,000.00 $ 20,707,000.00 $ 1,000.00 36157R3C7
A13 $ 3,448,000.00 $ 3,448,000.00 $ 1,000.00 36157R3D5
A14 $ 676,358.00 $ 676,358.00 $ 1,000.00 36157R3E3
A15 $ 4,204,000.00 $ 4,204,000.00 $ 1,000.00 36157R3F0
A16 $ 1,140,642.00 $ 1,140,642.00 $ 1,000.00 36157R3G8
A17 $ 33,845,000.00 $ 33,845,000.00 $ 1,000.00 36157R3H6
S $ 458,211,819.50 $ 456,094,771.49 $ 956.53 GEC99013S
M $ 10,421,359.07 $ 10,412,161.97 $ 993.24 36157R3K9
B1 $ 3,715,026.12 $ 3,711,747.52 $ 993.24 36157R3L7
B2 $ 2,228,816.85 $ 2,226,849.86 $ 993.24 36157R3M5
B3 $ 2,476,352.71 $ 2,474,167.27 $ 993.24 36157R3N3
B4 $ 990,143.44 $ 989,269.61 $ 993.24 36157R3P8
B5 $ 1,240,568.50 $ 1,239,473.66 $ 993.24 36157R3Q6
R $ 0.00 $ 0.00 $ 0.00 36157R3J2
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 12 Principal Balance $ 4,130,425.67
-------- -------------
2. 60-89 days
Number 3 Principal Balance $ 780,035.87
-------- -------------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -------------
4. In Foreclosure
Number 1 Principal Balance $ 336,537.88
-------- -------------
5. Real Estate Owned
Number 1 Principal Balance $ 383,722.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
----------
7. The Certificate Interest Rate applicable to the Interest Accrual
Period relating to such Distribution Date applicable to any
floating index certificate:
Certificate Interest
Class Rates
A2 % 6.86375025
A4 % 4.05803608
E. Other Information:
1. Special Hazard Loss Amount: $ 4,987,507.00
-------------
2. Bankruptcy Loss Amount: $ 185,966.00
-------------
3. Fraud Loss Amount: $ 4,987,507.00
-------------
4. Certificate Interest Rate of the Class S Certificate:%0.00000000
-----------
G.
Rounding Amount
Opening Reimbursement (Withdrawl) Closing
Class Balance Amount Balance
- ----- ------- ------ --------------- -------
A7 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A13 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A15 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A17 $ 999.99 $ 0.00 $ 0.00 $ 999.99
Exhibit 99.27
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-14, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of June 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 249,794.37
-------------
(b) Interest $ 1,752,723.58
-------------
(c) Total $ 2,002,517.95
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 232,396.70
-------------
(b) Interest $ 1,627,816.25
-------------
(c) Total $ 1,860,212.95
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 17,397.67
-------------
(b) Interest $ 124,907.33
-------------
(c) Total $ 142,305.00
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 96,282.30
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 568,833.58
------------
(b) Interest $ 3,670.07
------------
(c) Total $ 572,503.65
------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
12. Pool Scheduled Principal Balance: $291,577,529.15
---------------
13. Available Funds: $ 2,610,593.34
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 810.72
-------------
18. Total interest payments: $ 1,695,683.09
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 51,898.08 $ 0.00 $ 51,898.08 %6.500000285
A2 $ 113,123.67 $ 0.00 $ 113,123.67 %6.499999909
A3 $ 163,074.17 $ 0.00 $ 163,074.17 %6.500000133
A4 $ 373,771.36 $ 0.00 $ 373,771.36 %6.499999970
A5 $ 392,589.58 $ 0.00 $ 392,589.58 %6.499999991
A6 $ 105,262.08 $ 0.00 $ 105,262.08 %6.499999794
A7 $ 16,309.58 $ 0.00 $ 16,309.58 %6.499998672
A8 $ 135,649.58 $ 0.00 $ 135,649.58 %6.499999840
A9 $ 162,500.00 $ 0.00 $ 162,500.00 %6.500000000
S $ 112,392.80 $ 0.00 $ 112,392.80 %0.474799604
M $ 34,170.90 $ 0.00 $ 34,170.90 %6.500000315
B1 $ 12,187.35 $ 0.00 $ 12,187.35 %6.499999387
B2 $ 7,308.10 $ 0.00 $ 7,308.10 %6.499997940
B3 $ 8,121.31 $ 0.00 $ 8,121.31 %6.499999650
B4 $ 3,247.45 $ 0.00 $ 3,247.45 %6.500005863
B5 $ 4,077.08 $ 0.00 $ 4,077.08 %6.500000538
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 914,910.25
------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 251.14 $ 0.00
Class A1 $ 43,779.29 $ 0.00
Class A2 $ 321,785.42 $ 0.00
Class A3 $ 0.00 $ 0.00
Class A4 $ 269,443.81 $ 0.00
Class A5 $ 268,755.72 $ 0.00
Class A6 $ 0.00 $ 0.00
Class A7 $ 0.00 $ 0.00
Class A8 $ 0.00 $ 0.00
Class A9 $ 0.00 $ 0.00
Class S $ 0.00 $ 0.00
Class M $ 5,386.71 $ 0.00
Class B1 $ 1,921.22 $ 0.00
Class B2 $ 1,152.05 $ 0.00
Class B3 $ 1,280.25 $ 0.00
Class B4 $ 511.93 $ 0.00
Class B5 $ 642.71 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
---------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
---------------
24. Subordinate Certificate Writedown Amount: $ 0.00
---------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
---------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 57,994.09
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 95.634901 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 4.365099
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.28
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-14, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of June 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.207815
-------------------------
Weighted average maturity 349.95
-------------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 1.23148506 $ 0.23061536 $ 0.00000000 % 0.00000000
A1 $ 4.36265969 $ 3.21042750 $ 5.17170703 % 6.50000028
A2 $ 13.28593807 $ 9.77695665 $ 4.67067176 % 6.49999991
A3 $ 0.00000000 $ 0.00000000 $ 5.41666678 % 6.50000013
A4 $ 3.75285611 $ 2.76168001 $ 5.20594677 % 6.49999997
A5 $ 3.57084024 $ 2.62773690 $ 5.21616683 % 6.49999999
A6 $ 0.00000000 $ 0.00000000 $ 5.41666650 % 6.49999979
A7 $ 0.00000000 $ 0.00000000 $ 5.41666556 % 6.49999867
A8 $ 0.00000000 $ 0.00000000 $ 5.41666653 % 6.49999984
A9 $ 0.00000000 $ 0.00000000 $ 5.41666667 % 6.50000000
S $ 0.00000000 $ 0.00000000 $ 0.38341106 % 0.47479960
M $ 0.84896927 $ 0.00000000 $ 5.38548463 % 6.50000032
B1 $ 0.84897039 $ 0.00000000 $ 5.38548387 % 6.49999939
B2 $ 0.84896831 $ 0.00000000 $ 5.38548268 % 6.49999794
B3 $ 0.84897215 $ 0.00000000 $ 5.38548408 % 6.49999965
B4 $ 0.84897181 $ 0.00000000 $ 5.38548922 % 6.50000586
B5 $ 0.84896665 $ 0.00000000 $ 5.38548483 % 6.50000054
R $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 57,994.09
----------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $291,577,529.15
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 892
------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 192,692.24 $ 192,441.10 $ 943.65 GEC9914PO
A1 $ 9,581,183.58 $ 9,537,404.28 $ 950.41 36158GFA1
A2 $ 20,884,370.14 $ 20,562,584.71 $ 848.99 36158GFB9
A3 $ 30,106,000.00 $ 30,106,000.00 $ 1,000.00 36158GFC7
A4 $ 69,003,943.70 $ 68,734,499.89 $ 957.35 36158GFD5
A5 $ 72,478,076.41 $ 72,209,320.69 $ 959.41 36158GFE3
A6 $ 19,433,000.00 $ 19,433,000.00 $ 1,000.00 36158GFF0
A7 $ 3,011,000.00 $ 3,011,000.00 $ 1,000.00 36158GFG8
A8 $ 25,043,000.00 $ 25,043,000.00 $ 1,000.00 36158GFH6
A9 $ 30,000,000.00 $ 30,000,000.00 $ 1,000.00 36158GFN3
S $ 284,059,545.81 $ 283,155,448.14 $ 965.94 GEC99014S
M $ 6,308,473.54 $ 6,303,086.83 $ 993.39 36158GFK9
B1 $ 2,249,972.52 $ 2,248,051.30 $ 993.39 36158GFL7
B2 $ 1,349,188.12 $ 1,348,036.06 $ 993.39 36158GFM5
B3 $ 1,499,318.85 $ 1,498,038.60 $ 993.39 36158GFP8
B4 $ 599,528.69 $ 599,016.76 $ 993.39 36158GFQ6
B5 $ 752,691.63 $ 752,048.92 $ 993.39 36158GFR4
R $ 0.00 $ 0.00 $ 0.00 36158GFJ2
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 7 Principal Balance $ 1,662,256.07
-------- -------------
2. 60-89 days
Number 1 Principal Balance $ 341,941.85
-------- -------------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -------------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
------------
E. Other Information:
1. Special Hazard Loss Amount: $ 3,019,461.00
--------------
2. Bankruptcy Loss Amount: $ 110,800.00
--------------
3. Fraud Loss Amount: $ 3,019,461.00
--------------
4. Certificate Interest Rate of the Class S Certificate: %0.00000000
-----------
Exhibit 99.29
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
FEBRUARY 2000
REMIC Home Equity Loan Pass-Through Certificates,
Series 1999-HE2
Pursuant to the Pooling and Servicing Agreement dated as of June 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company"),
and The First National Bank of Chicago (the "Trustee"), governing the
Certificates referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this
month:
A. Mortgage Loan Information:
(1) Aggregate Monthly Payments Due: $2,253,479.94
--------------
(2) Aggregate Monthly Payments received and Monthly Advances made
this Month:
(a) Principal $251,537.63
--------------
(b) Interest $1,896,409.50
--------------
(c) Total $2,147,947.13
--------------
(3) Aggregate Principal Prepayments in part received on Self-
Amortizing Mortgage Loans and applied in the applicable
Prepayment Period:
(a) Principal $54,750.95
--------------
(c) Total $54,750.95
--------------
(4) Aggregate Principal Prepayments in full received in the
applicable Prepayment period:
(a) Principal $2,102,317.98
--------------
(b) Interest $23,923.76
--------------
(c) Total $2,126,241.74
--------------
(5) Aggregate Insurance Proceeds 0 0 (inculding purchases of Mortgage
Loans by primary mortgage insurers) for prior month:
(a) Principal $0.00
--------------
(b) Interest $0.00
--------------
(c) Total $0.00
--------------
(6) Aggregate Liquidation Proceeds for prior month:
(a) Principal $0.00
------
(b) Interest $0.00
------
(c) Total $0.00
------
(7) Aggregate Purchase Prices for
Defaulted Mortgage Loans:
(a) Principal $0.00
------
(b) Interest $0.00
------
(c) Total $0.00
------
(8) Aggregate Purchase Prices for (and substitution adjustments) for
Defective Mortgage Loans:
(a) Principal $0.00
----------------
(b) Interest $0.00
----------------
(c) Total $0.00
----------------
(9) Pool Principal Balance $250,563,153.59
----------------
(10) Available Funds: $4,317,280.78
----------------
(11) Realized Losses for prior month: $0.00
----------------
(12) Aggregate Realized Losses: $0.00
----------------
(a) Deficient Valuations $0.00
----------------
(b) Special Hazard Losses $0.00
----------------
(c) Fraud Losses $0.00
----------------
(d) Excess Bankruptcy Losses $0.00
----------------
(e) Excess Special Hazard Losses $0.00
----------------
(f ) Excess Fraud Losses $0.00
----------------
(13) Compensating Interest
Payment: $1,508.83
-----------
(14) Net Simple Interest Shortfall: $0.00
-----------
(15) Net Simple Interest Excess: $0.00
-----------
(16) Simple Interest Shortfall Payment: $0.00
-----------
(17) Unpaid Net Simple Interest Shortfall:
Class A1 $0.00
-----------
Class A2 $0.00
-----------
Class A3 $0.00
-----------
Class A4 $0.00
-----------
Class A5 $0.00
-----------
Class A6 $0.00
-----------
Class S $0.00
-----------
Class M $0.00
-----------
Class B1 $0.00
-----------
Class B2 $0.00
-----------
Class B3 $0.00
-----------
Class B4 $0.00
-----------
Class B5 $0.00
-----------
(18) Class Certificate Interest Rate:
Class A5 7.510%
-------
Class M 7.560%
-------
Class B1 7.905%
-------
Class B2 9.141%
-------
Class B3 9.141%
-------
Class B4 9.141%
-------
Class B5 9.141%
-------
Class S 2.04%
-------
(19) Accrued Certificate Interest and Pay-out Rate:
Class A1 $296,921.06 6.380%
----------------------------
Class A2 $171,920.83 6.655%
----------------------------
Class A3 $301,216.67 6.820%
----------------------------
Class A4 $193,866.67 7.270%
----------------------------
Class A5 $86,659.14 7.510%
----------------------------
Class A6 $139,820.83 7.295%
----------------------------
Class S $425,860.05 2.04%
----------------------------
Class M $93,593.52 7.560%
----------------------------
Class B1 $44,484.53 7.905%
----------------------------
Class B2 $41,153.70 9.141%
----------------------------
Class B3 $30,867.17 9.141%
----------------------------
Class B4 $30,867.17 9.141%
----------------------------
Class B5 $51,442.88 9.141%
----------------------------
Total $1,908,674.22
(20) Principal distributable:
Class A1 $2,366,574.79
--------------
Class A2 $0.00
--------------
Class A3 $0.00
--------------
Class A4 $0.00
--------------
Class A5 $0.00
--------------
Class A6 $0.00
--------------
Class M $14,913.89
--------------
Class B1 $6,779.13
--------------
Class B2 $5,423.51
--------------
Class B3 $4,067.88
--------------
Class B4 $4,067.88
--------------
Class B5 $6,779.48
--------------
Class R1 $0.00
--------------
Class R2 $0.00
--------------
Total $2,408,606.56
(21) Additional distributions to the Class R1 Certificate pursuant to
Section 2.05 (d) : $0.00
------
(22) Additional distributions to the Class R2 Certificate pursuant to
Section 4.01 (b) : $0.00
------
(23) Distributions Allocable to Unanticipated Recoveries:
Class A1 $0.00
------
Class A2 $0.00
------
Class A3 $0.00
------
Class A4 $0.00
------
Class A5 $0.00
------
Class A6 $0.00
------
Class M $0.00
------
Class B1 $0.00
------
Class B2 $0.00
------
Class B3 $0.00
------
Class B4 $0.00
------
Class B5 $0.00
------
Class R1 $0.00
------
Class R2 $0.00
------
B. Other Amounts:
1) Senior Percentage for such
Distribution Date 83.290068%
-----------
2) Senior Prepayment Percentage
for such Distribution Date 100.00%
-----------
3) Junior Percentage for such
Distribution Date 16.709932%
-----------
4) Junior Prepayment Percentage
for such Distribution Date 0.00%
-----------
5) Subordinate Certfificate Writedown Amount
for such Distribution Date $0.00
-----------
6) Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class B1 X
----------------------------------
Class B2 X
----------------------------------
Class B3 X
----------------------------------
Class B4 X
----------------------------------
Class B5 X
----------------------------------
7) Class A6 Certificate Percentage
for such Distribution Date: 11.020909%
-----------
8) Class A6 Distribution Percentage
for such Distribution Date: 0.00%
-----------
Capitalized terms used in this Certificate shall have the same meanings as
in the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
- -------------------------------------------
Name: Tim Neer
Title: Vice President of Investor Operations
Exhibit 99.30
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
FEBRUARY 2000
REMIC Home Equity Loan Pass-Through Certificates,
Series 1999-HE2
Pursuant to the Pooling and Servicing Agreement dated as of June 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company"),
and The First National Bank of Chicago (the "Trustee"), governing the
Certificates referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this
month:
The amounts below are for a Single Certificate of $1,000:
(1) Amount of distribution allocable to principal:
Class A1 36157R 3R4 $30.73473758
-------------
Class A2 36157R 3S2 $0.00000000
-------------
Class A3 36157R 3T0 $0.00000000
-------------
Class A4 36157R 3U7 $0.00000000
-------------
Class A5 36157R 3V5 $0.00000000
-------------
Class A6 36157R 3W3 $0.00000000
-------------
Class M 36157R 3X1 $0.99678462
-------------
Class B1 36157R 3Y9 $0.99678462
-------------
Class B2 36157R 3Z6 $0.99678462
-------------
Class B3 36157R 4A0 $0.99678462
-------------
Class B4 36157R 4B8 $0.99678462
-------------
Class B5 36157R 4C6 $0.99678462
-------------
Class R1 36157R 4D4 $0.00000000
-------------
Class R2 36157R 4E2 $0.00000000
-------------
(2) Aggregate principal prepayments included in distribution:
Class A1 36157R 3R4 $2,157,068.93
--------------
Class A2 36157R 3S2 $0.00000000
--------------
Class A3 36157R 3T0 $0.00000000
--------------
Class A4 36157R 3U7 $0.00000000
--------------
Class A5 36157R 3V5 $0.00000000
--------------
Class A6 36157R 3W3 $0.00000000
--------------
Class M 36157R 3X1 $0.00000000
-------------
Class B1 36157R 3Y9 $0.00000000
-------------
Class B2 36157R 3Z6 $0.00000000
-------------
Class B3 36157R 4A0 $0.00000000
-------------
Class B4 36157R 4B8 $0.00000000
-------------
Class B5 36157R 4C6 $0.00000000
--------------
Class R1 36157R 4D4 $0.00000000
--------------
Class R2 36157R 4E2 $0.00000000
--------------
(3) Amount of distribution allocable to interest Pay-out Rate:
Class A1 36157R 3R4 $3.85611768 6.380%
---------------------------
Class A2 36157R 3S2 $5.54583333 6.655%
---------------------------
Class A3 36157R 3T0 $5.68333333 6.820%
---------------------------
Class A4 36157R 3U7 $6.05833333 7.270%
---------------------------
Class A5 36157R 3V5 $6.25833333 7.510%
---------------------------
Class A6 36157R 3W3 $6.07916667 7.295%
---------------------------
Class S $1.69961164 2.04%
---------------------------
Class M 36157R 3X1 $6.25541492 7.560%
---------------------------
Class B1 36157R 3Y9 $6.54088028 7.905%
---------------------------
Class B2 36157R 3Z6 $7.56362821 9.141%
---------------------------
Class B3 36157R 4A0 $7.56362821 9.141%
---------------------------
Class B4 36157R 4B8 $7.56362821 9.141%
---------------------------
Class B5 36157R 4C6 $7.56362821 9.141%
---------------------------
(4) Amount of distribution allocable to Unanticipated Recoveries:
Class A1 36157R 3R4 $0.00
-----------
Class A2 36157R 3S2 $0.00
-----------
Class A3 36157R 3T0 $0.00
-----------
Class A4 36157R 3U7 $0.00
-----------
Class A5 36157R 3V5 $0.00
-----------
Class A6 36157R 3W3 $0.00
-----------
Class M 36157R 3X1 $0.00
-----------
Class B1 36157R 3Y9 $0.00
-----------
Class B2 36157R 3Z6 $0.00
-----------
Class B3 36157R 4A0 $0.00
-----------
Class B4 36157R 4B8 $0.00
-----------
Class B5 36157R 4C6 $0.00
-----------
Class R1 36157R 4D4 $0.00
-----------
Class R2 36157R 4E2 $0.00
-----------
(5) Servicing Compensation: $101,852.41
------------
The amounts below are for the aggregate of all Certificates:
(6) Pool Principal Balance; $250,563,153.59
----------------
number of Mortgage Loans: 3,350
----------------
(7) Class Certificate Principal Balance (or Notional Principal
Balance) of each Class; Certificate Principal Balance (or
Notional Principal Balance) of Single Certificate of each Class:
Single
Certificate
Class Class Balance Balance
36157R 3R4 Class A1 $53,480,646.78 $694.55385431
-------------------------------------
36157R 3S2 Class A2 $31,000,000.00 $1,000.00000000
-------------------------------------
36157R 3T0 Class A3 $53,000,000.00 $1,000.00000000
-------------------------------------
36157R 3U7 Class A4 $32,000,000.00 $1,000.00000000
-------------------------------------
36157R 3V5 Class A5 $13,847,000.00 $1,000.00000000
-------------------------------------
36157R 3W3 Class A6 $23,000,000.00 $1,000.00000000
-------------------------------------
36157R 3X1 Class M $14,841,200.08 $991.92621828
-------------------------------------
36157R 3Y9 Class B1 $6,746,090.21 $991.92621828
-------------------------------------
36157R 3Z6 Class B2 $5,397,070.55 $991.92621828
-------------------------------------
36157R 4A0 Class B3 $4,048,050.90 $991.92621828
-------------------------------------
36157R 4B8 Class B4 $4,048,050.90 $991.92621828
-------------------------------------
36157R 4C6 Class B5 $6,746,437.61 $991.92621828
-------------------------------------
36157R 4D4 Class R1 $0.00 $0.00000000
-------------------------------------
36157R 4E2 Class R2 $0.00 $0.00000000
-------------------------------------
(8) Book value of real estate acquired on behalf of Certificate-
holders; number of $195,986.63
------------
related Mortgage Loans: 3
------------
(9) Aggregate Scheduled Principal Balance and number of delinquent
Mortgage Loans:
One Payment Delinquent $4,444,036.02
--------------
54
--------------
Two Payments Delinquent $1,879,747.64
--------------
24
--------------
Three or more Payments Delinquent $2,090,920.40
--------------
24
--------------
TOTAL $8,414,704.06
--------------
102
--------------
In foreclosure $3,106,165.98
--------------
38
--------------
(10) Aggregate Scheduled Principal Balance and number of replaced
Mortgage Loans: $0.00
------
0
------
(11) Unpaid Net Simple Interest Shortfall:
Class A1 $0.00
------
Class A2 $0.00
------
Class A3 $0.00
------
Class A4 $0.00
------
Class A5 $0.00
------
Class A6 $0.00
------
Class S $0.00
------
Class M $0.00
------
Class B1 $0.00
------
Class B2 $0.00
------
Class B3 $0.00
------
Class B4 $0.00
------
Class B5 $0.00
------
(12) Class Certificate Interest Rate of:
Class M 7.560%
-----------
Class B1 7.905%
-----------
Class B2 9.141%
-----------
Class B3 9.141%
-----------
Class B4 9.141%
-----------
Class B5 9.141%
-----------
Class S 2.04%
-----------
(13) Senior Percentage for such Distribution Date 83.290068%
-----------
(14) Senior Prepayment Percentage
for such Distribution Date 100.00%
-----------
(15) Junior Percentage for such
Distribution Date 16.709932%
-----------
(16) Junior Prepayment Percentage
for such Distribution Date 0.00%
-----------
(17) Class A6 Certificate Percentage
for such Distribution Date 11.020909%
-----------
(18) Class A6 Distribution Percentage
for such Distribution Date 0.00%
-----------
Capitalized terms used in this Certificate shall have the same meanings as
in the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
- -----------------------------------------------
Name: Tim Neer
Title: Vice President of Investor Operations
Exhibit 99.31
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-15, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of July 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 820,201.13
-------------
(b) Interest $ 5,842,572.74
-------------
(c) Total $ 6,662,773.87
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 658,408.23
-------------
(b) Interest $ 4,678,992.70
-------------
(c) Total $ 5,337,400.93
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 161,792.90
-------------
(b) Interest $ 1,163,580.04
-------------
(c) Total $ 1,325,372.94
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 137,936.53
-----------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 2,146,138.28
-------------
(b) Interest $ 12,963.65
-------------
(c) Total $ 2,159,101.93
-------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
-----------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
-----------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
12. Pool Scheduled Principal Balance: $967,049,124.71
---------------
13. Available Funds: $ 8,764,345.09
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 2,068.87
-------------
18. Total interest payments: $ 5,660,070.42
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 426,945.92 $ 21.83 $ 426,924.09 %6.749654795
A2 $ 234,364.06 $ 11.98 $ 234,352.08 %6.749654785
A3 $ 261,543.66 $ 13.37 $ 261,530.29 %6.749654905
A4 $ 149,209.59 $ 7.63 $ 149,201.96 %6.999642008
A5 $ 28,125.00 $ 1.44 $ 28,123.56 %6.749654400
A6 $ 7,000.00 $ 0.36 $ 6,999.64 %6.999640000
A7 $ 1,750.00 $ 0.09 $ 1,749.91 %6.999640000
A8 $ 1,750.00 $ 0.09 $ 1,749.91 %6.999640000
A9 $ 1,750.00 $ 0.09 $ 1,749.91 %6.999640000
A10 $ 5,250.00 $ 0.27 $ 5,249.73 %6.999640000
A11 $ 21,875.00 $ 1.12 $ 21,873.88 %6.999641600
A12 $ 217,383.83 $ 11.12 $ 217,372.71 %6.999642138
A13 $ 534,481.76 $ 27.33 $ 534,454.43 %6.749654875
A14 $ 0.00 $ 0.00 $ 0.00 %0.000000000
A15 $ 8,830.78 $ 0.45 $ 8,830.33 %7.249632264
A16 $ 644,686.38 $ 32.97 $ 644,653.41 %6.749654848
A17 $ 379,116.41 $ 19.39 $ 379,097.02 %6.999642045
A18 $ 30,208.33 $ 1.54 $ 30,206.79 %7.249629600
A19 $ 60,416.67 $ 3.09 $ 60,413.58 %7.249629600
A20 $ 30,208.33 $ 1.54 $ 30,206.79 %7.249629600
A21 $ 140,577.14 $ 7.19 $ 140,569.95 %7.249629522
A22 $ 116,425.35 $ 5.95 $ 116,419.40 %6.749654978
A23 $ 172,828.97 $ 8.84 $ 172,820.13 %6.749654794
A24 $ 235,113.81 $ 12.02 $ 0.01 %6.749654761
A25 $ 520,965.87 $ 26.64 $ 520,939.23 %6.749654809
A26 $ 3,403.13 $ 0.17 $ 3,402.96 %6.749652893
A27 $ 282,949.02 $ 14.47 $ 282,934.55 %6.749654843
A28 $ 294,695.44 $ 15.07 $ 294,680.37 %6.749654879
2A1 $ 228,659.84 $ 11.55 $ 228,648.29 %6.749659013
2A2 $ 56,362.50 $ 2.85 $ 56,359.65 %7.499620758
2A3 $ 0.00 $ 0.00 $ 0.00 %0.000000000
2A4 $ 56,360.62 $ 2.85 $ 56,357.77 %7.499620912
2A5 $ 40,696.57 $ 2.06 $ 40,694.51 %6.749659776
1S $ 206,193.20 $ 10.54 $ 206,182.66 %0.351036020
2S $ 21,255.02 $ 1.07 $ 21,253.95 %0.359296235
M $ 118,078.84 $ 6.30 $ 118,072.54 %6.749639842
B1 $ 42,171.41 $ 2.25 $ 42,169.16 %6.749640793
B2 $ 25,300.61 $ 1.35 $ 25,299.26 %6.749639954
B3 $ 28,110.54 $ 1.50 $ 28,109.04 %6.749641140
B4 $ 11,245.34 $ 0.60 $ 11,244.74 %6.749641490
B5 $ 14,071.19 $ 0.75 $ 14,070.44 %6.749641784
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $3,104,274.67
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 4,417.35 $ 0.00
Class A1 $ 466,148.80 $ 0.00
Class A2 $ 121,821.02 $ 0.00
Class A3 $ 319,619.77 $ 0.00
Class A4 $ 0.00 $ 0.00
Class A5 $ 0.00 $ 0.00
Class A6 $ 0.00 $ 0.00
Class A7 $ 0.00 $ 0.00
Class A8 $ 0.00 $ 0.00
Class A9 $ 0.00 $ 0.00
Class A10 $ 0.00 $ 0.00
Class A11 $ 0.00 $ 0.00
Class A12 $ 0.00 $ 0.00
Class A13 $ 454,440.78 $ 0.00
Class A14 $ 0.00 $ 0.00
Class A15 $ 0.00 $ 0.00
Class A16 $ 1,162,038.19 $ 0.00
Class A17 $ 0.00 $ 0.00
Class A18 $ 0.00 $ 0.00
Class A19 $ 0.00 $ 0.00
Class A20 $ 0.00 $ 0.00
Class A21 $ 0.00 $ 0.00
Class A22 $ 235,101.78 $ 0.00
Class A23 $ 0.00 $ 0.00
Class A24 $ 0.00 $ 235,101.78
Class A25 $ 0.00 $ 0.00
Class A26 $ 0.00 $ 0.00
Class A27 $ 466,148.80 $ 0.00
Class A28 $ 0.00 $ 0.00
Class 2A1 $ 73,741.46 $ 0.00
Class 2A2 $ 0.00 $ 0.00
Class 2A3 $ 0.00 $ 0.00
Class 2A4 $ 0.00 $ 0.00
Class 2A5 $ 0.00 $ 0.00
Class 1S $ 0.00 $ 0.00
Class 2S $ 0.00 $ 0.00
Class M $ 17,738.06 $ 0.00
Class B1 $ 6,335.08 $ 0.00
Class B2 $ 3,800.71 $ 0.00
Class B3 $ 4,222.83 $ 0.00
Class B4 $ 1,689.30 $ 0.00
Class B5 $ 2,112.52 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.01
--------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
--------------
24. Subordinate Certificate Writedown Amount: $ 1.28
--------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
-------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 187,211.58
-----------
3. Supplemental Servicing Fee amount: $ N/A
-----------
4. Credit Losses for prior month: $ 0.00
-----------
Category A Category B Category C
5. Senior Percentage: %N/A N/A N/A N/A
---- ---- ------ ------
6. Group I Senior Percentage:
%N/A N/A N/A N/A
---- ---- ------ ------
7. Group II Senior Percentage:
%N/A N/A N/A N/A
---- ---- ------ ------
8. Senior Prepayment Percentage:
%N/A N/A N/A N/A
---- ---- ------ ------
9. Group I Senior Prepayment
Percentage: %N/A N/A N/A N/A
---- ---- ------ ------
10. Group II Senior Prepayment
Percentage: %N/A N/A N/A N/A
---- ---- ------ ------
11. Junior Percentage: %N/A
----
12. Junior Prepayment Percentage:
%N/A
----
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
--------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.32
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-15, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of July 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.244363
-------------------
Weighted average maturity 349.91
-------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 1.00944297 $ 0.08119922 $ 0.00000000 % 0.00000000
A1 $ 5.75414558 $ 4.36276318 $ 5.26995536 % 6.74965479
A2 $ 2.83304698 $ 2.14800140 $ 5.45004814 % 6.74965478
A3 $ 6.39239540 $ 4.84668080 $ 5.23060580 % 6.74965490
A4 $ 0.00000000 $ 0.00000000 $ 5.83303501 % 6.99964201
A5 $ 0.00000000 $ 0.00000000 $ 5.62471200 % 6.74965440
A6 $ 0.00000000 $ 0.00000000 $ 5.83303333 % 6.99964000
A7 $ 0.00000000 $ 0.00000000 $ 5.83303333 % 6.99964000
A8 $ 0.00000000 $ 0.00000000 $ 5.83303333 % 6.99964000
A9 $ 0.00000000 $ 0.00000000 $ 5.83303333 % 6.99964000
A10 $ 0.00000000 $ 0.00000000 $ 5.83303333 % 6.99964000
A11 $ 0.00000000 $ 0.00000000 $ 5.83303467 % 6.99964160
A12 $ 0.00000000 $ 0.00000000 $ 5.83303512 % 6.99964214
A13 $ 4.54440780 $ 3.44554630 $ 5.34454430 % 6.74965487
A14 $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
A15 $ 0.00000000 $ 0.00000000 $ 6.04136022 % 7.24963226
A16 $ 9.12490334 $ 6.91845408 $ 5.06214004 % 6.74965485
A17 $ 0.00000000 $ 0.00000000 $ 5.83303504 % 6.99964204
A18 $ 0.00000000 $ 0.00000000 $ 6.04135800 % 7.24962960
A19 $ 0.00000000 $ 0.00000000 $ 6.04135800 % 7.24962960
A20 $ 0.00000000 $ 0.00000000 $ 6.04135800 % 7.24962960
A21 $ 0.00000000 $ 0.00000000 $ 6.04135794 % 7.24962952
A22 $ 10.64717100 $ 8.07262982 $ 5.27234315 % 6.74965498
A23 $ 0.00000000 $ 0.00000000 $ 5.62471233 % 6.74965479
A24 $ 0.00000000 $ 0.00000000 $ 5.81723432 % 6.74965476
A25 $ 0.00000000 $ 0.00000000 $ 5.62471234 % 6.74965481
A26 $ 0.00000000 $ 0.00000000 $ 5.62471074 % 6.74965289
A27 $ 8.41249199 $ 6.37830757 $ 5.10606192 % 6.74965484
A28 $ 0.00000000 $ 0.00000000 $ 5.62471240 % 6.74965488
2A1 $ 1.75574905 $ 0.39410190 $ 5.44400690 % 6.74965901
2A2 $ 0.00000000 $ 0.00000000 $ 6.24968397 % 7.49962076
2A3 $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
2A4 $ 0.00000000 $ 0.00000000 $ 6.24968409 % 7.49962091
2A5 $ 0.00000000 $ 0.00000000 $ 5.62471648 % 6.74965978
1S $ 0.00000000 $ 0.00000000 $ 0.27263353 % 0.35103602
2S $ 0.00000000 $ 0.00000000 $ 0.29376790 % 0.35929624
M $ 0.84086561 $ 0.84086561 $ 5.59718132 % 6.74963984
B1 $ 0.84086541 $ 0.84086541 $ 5.59718211 % 6.74964079
B2 $ 0.84086504 $ 0.84086504 $ 5.59718142 % 6.74963995
B3 $ 0.84086619 $ 0.84086619 $ 5.59718240 % 6.74964114
B4 $ 0.84086610 $ 0.84086610 $ 5.59718268 % 6.74964149
B5 $ 0.84035495 $ 0.84035495 $ 5.59718435 % 6.74964178
R $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
A24 $ 235,101.78
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 187,211.58
-----------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $967,049,124.71
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 2,994
--------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 4,302,393.19 $ 4,297,975.85 $ 982.16 GEC9915PO
A1 $ 75,901,497.72 $ 75,435,348.92 $ 931.17 36158GFV5
A2 $ 41,664,721.08 $ 41,542,900.06 $ 966.11 36158GFW3
A3 $ 46,496,650.93 $ 46,177,031.16 $ 923.54 36158GFX1
A4 $ 25,578,787.00 $ 25,578,787.00 $ 1,000.00 36158GFY9
A5 $ 5,000,000.00 $ 5,000,000.00 $ 1,000.00 36158GFZ6
A6 $ 1,200,000.00 $ 1,200,000.00 $ 1,000.00 36158GGA0
A7 $ 300,000.00 $ 300,000.00 $ 1,000.00 36158GGB8
A8 $ 300,000.00 $ 300,000.00 $ 1,000.00 36158GGC6
A9 $ 300,000.00 $ 300,000.00 $ 1,000.00 36158GGD4
A10 $ 900,000.00 $ 900,000.00 $ 1,000.00 36158GGE2
A11 $ 3,750,000.00 $ 3,750,000.00 $ 1,000.00 36158GGF9
A12 $ 37,265,800.00 $ 37,265,800.00 $ 1,000.00 36158GGG7
A13 $ 95,018,979.18 $ 94,564,538.40 $ 945.65 36158GGH5
A14 $ 8,297,969.00 $ 8,297,969.00 $ 1,000.00 36158GGJ1
A15 $ 1,461,646.00 $ 1,461,646.00 $ 1,000.00 36158GGK8
A16 $ 114,610,911.14 $ 113,448,872.95 $ 890.86 36158GGL6
A17 $ 64,991,384.00 $ 64,991,384.00 $ 1,000.00 36158GGM4
A18 $ 5,000,000.00 $ 5,000,000.00 $ 1,000.00 36158GGN2
A19 $ 10,000,000.00 $ 10,000,000.00 $ 1,000.00 36158GGP7
A20 $ 5,000,000.00 $ 5,000,000.00 $ 1,000.00 36158GGQ5
A21 $ 23,267,941.00 $ 23,267,941.00 $ 1,000.00 36158GGR3
A22 $ 20,697,840.18 $ 20,462,738.39 $ 926.71 36158GGS1
A23 $ 30,725,150.00 $ 30,725,150.00 $ 1,000.00 36158GGT9
A24 $ 41,798,009.82 $ 42,033,111.61 $ 1,040.05 36158GGU6
A25 $ 92,616,155.00 $ 92,616,155.00 $ 1,000.00 36158GGV4
A26 $ 605,000.00 $ 605,000.00 $ 1,000.00 36158GGW2
A27 $ 50,302,047.72 $ 49,835,898.92 $ 899.38 36158GGX0
A28 $ 52,390,300.00 $ 52,390,300.00 $ 1,000.00 36158GGY8
2A1 $ 40,650,638.42 $ 40,576,896.96 $ 966.12 36158GGZ5
2A2 $ 9,018,000.00 $ 9,018,000.00 $ 1,000.00 36158GHA9
2A3 $ 2,003,967.00 $ 2,003,967.00 $ 1,000.00 36158GHB7
2A4 $ 9,017,699.00 $ 9,017,699.00 $ 1,000.00 36158GHC5
2A5 $ 7,234,946.00 $ 7,234,946.00 $ 1,000.00 36158GHD3
1S $ 704,825,619.26 $ 702,001,013.60 $ 928.25 GEC99151S
2S $ 70,985,269.27 $ 70,908,951.45 $ 980.09 GEC99152S
M $ 20,991,793.83 $ 20,974,055.77 $ 994.27 36158GHE1
B1 $ 7,497,140.30 $ 7,490,805.22 $ 994.27 36158GHF8
B2 $ 4,497,886.14 $ 4,494,085.43 $ 994.27 36158GHG6
B3 $ 4,997,430.13 $ 4,993,207.30 $ 994.27 36157R4L6
B4 $ 1,999,171.07 $ 1,997,481.77 $ 994.27 36157R4M4
B5 $ 2,501,544.31 $ 2,499,430.51 $ 994.27 36157R4N2
R $ 0.00 $ 0.00 $ 0.00 36158GHL5
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 20 Principal Balance $ 6,183,034.76
-------- -------------
2. 60-89 days
Number 3 Principal Balance $ 847,220.92
-------- -------------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -------------
4. In Foreclosure
Number 3 Principal Balance $ 782,189.00
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
-----------
E. Other Information:
1. Special Hazard Loss Amount: $ 10,045,610.00
--------------
2. Bankruptcy Loss Amount: $ 358,194.00
--------------
3. Fraud Loss Amount: $ 10,045,610.00
--------------
4. Certificate Interest Rate of the Class S Certificate: %0.00000000
-----------
G.
Rounding Amount
Opening Reimbursement (Withdrawl) Closing
Class Balance Amount Balance
- ----- ------- ------ --------------- -------
A19 $ 999.99 $ 0.00 $ 0.00 $ 999.99
Exhibit 99.33
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-16, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of July 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 679,442.86
-------------
(b) Interest $ 1,101,671.29
-------------
(c) Total $ 1,781,114.15
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 529,811.27
-------------
(b) Interest $ 858,703.67
-------------
(c) Total $ 1,388,514.94
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 149,631.59
-------------
(b) Interest $ 242,967.62
-------------
(c) Total $ 392,599.21
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 285,674.37
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 260,947.45
------------
(b) Interest $ 1,489.42
------------
(c) Total $ 262,436.87
------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
12. Pool Scheduled Principal Balance: $191,657,046.20
---------------
13. Available Funds: $ 2,291,578.68
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 1,777.71
-------------
18. Total interest payments: $ 1,065,514.00
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A $ 1,014,346.55 $ 0.00 $ 1,014,346.55 %6.500000010
S $ 29,794.23 $ 0.00 $ 29,794.23 %0.257719106
M $ 8,657.25 $ 0.00 $ 8,657.25 %6.499996862
B1 $ 3,174.15 $ 0.00 $ 3,174.15 %6.500000811
B2 $ 3,174.15 $ 0.00 $ 3,174.15 %6.500000811
B3 $ 3,174.15 $ 0.00 $ 3,174.15 %6.500000811
B4 $ 1,587.07 $ 0.00 $ 1,587.07 %6.499980222
B5 $ 1,606.45 $ 0.00 $ 1,606.45 %6.499999882
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 1,226,064.68
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 6,436.75 $ 0.00
Class A $ 1,205,730.95 $ 0.00
Class S $ 0.00 $ 0.00
Class M $ 5,628.99 $ 0.00
Class B1 $ 2,063.85 $ 0.00
Class B2 $ 2,063.85 $ 0.00
Class B3 $ 2,063.85 $ 0.00
Class B4 $ 1,031.92 $ 0.00
Class B5 $ 1,044.52 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
-------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
-------------
24. Subordinate Certificate Writedown Amount: $ 0.00
-------------
Accumulative
Class Supported Shortfall Supported Shortfall
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
-------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 37,582.82
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 97.936389 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 2.063611
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.34
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-16, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of July 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 6.872915
-----------------------
Weighted average maturity 170.14
-----------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 3.71032302 $ 0.24466487 $ 0.00000000 %0.00000000
A $ 6.16521425 $ 2.79284844 $ 5.18661630 %6.50000001
S $ 0.00000000 $ 0.00000000 $ 0.20547004 %0.25771911
M $ 3.45125077 $ 0.00000000 $ 5.30793991 %6.49999686
B1 $ 3.45125418 $ 0.00000000 $ 5.30794314 %6.50000081
B2 $ 3.45125418 $ 0.00000000 $ 5.30794314 %6.50000081
B3 $ 3.45125418 $ 0.00000000 $ 5.30794314 %6.50000081
B4 $ 3.45123746 $ 0.00000000 $ 5.30792642 %6.49998022
B5 $ 3.45124469 $ 0.00000000 $ 5.30794244 %6.49999988
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 37,582.82
-------------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 191,657,046.20
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 581
--------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 1,673,305.55 $ 1,666,868.81 $ 960.83 GEC9916PO
A $ 187,263,978.16 $ 186,058,247.22 $ 951.36 36157R4F9
S $ 138,728,853.37 $ 137,720,548.67 $ 949.76 GEC99016S
M $ 1,598,262.31 $ 1,592,633.32 $ 976.48 36157R4H5
B1 $ 585,996.85 $ 583,933.00 $ 976.48 36157R4J1
B2 $ 585,996.85 $ 583,933.00 $ 976.48 36157R4K8
B3 $ 585,996.85 $ 583,933.00 $ 976.48 36158GHH4
B4 $ 292,998.43 $ 291,966.50 $ 976.48 36158GHJ0
B5 $ 296,575.39 $ 295,530.86 $ 976.48 36158GHK7
R $ 0.00 $ 0.00 $ 0.00 36157R4G7
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 3 Principal Balance $ 827,286.82
-------- -----------
2. 60-89 days
Number 0 Principal Balance $ 0.00
-------- -----------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -----------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -----------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -----------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
------------
E. Other Information:
1. Special Hazard Loss Amount: $ 2,186,228.00
-------------
2. Bankruptcy Loss Amount: $ 100,000.00
-------------
3. Fraud Loss Amount: $ 2,013,316.00
-------------
4. Certificate Interest Rate of the Class S Certificate:%0.00000000
-----------
Exhibit 99.35
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-17, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of August 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 276,523.02
-------------
(b) Interest $ 2,115,492.08
-------------
(c) Total $ 2,392,015.10
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 188,741.89
-------------
(b) Interest $ 1,467,669.38
-------------
(c) Total $ 1,656,411.27
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 87,781.13
-------------
(b) Interest $ 647,822.70
-------------
(c) Total $ 735,603.83
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 348,883.63
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 1,161,230.11
-------------
(b) Interest $ 7,166.60
-------------
(c) Total $ 1,168,396.71
-------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
12. Pool Scheduled Principal Balance: $340,432,875.42
---------------
13. Available Funds: $ 3,839,757.06
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 1,859.79
-------------
18. Total interest payments: $ 2,053,120.30
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 % 0.000000000
A1 $ 136,437.62 $ 0.00 $ 136,437.62 % 6.999999807
A2 $ 85,114.17 $ 0.00 $ 85,114.17 % 7.000000274
A3 $ 195,431.05 $ 0.00 $ 195,431.05 % 6.999999940
A4 $ 136,157.48 $ 0.00 $ 136,157.48 % 7.000000209
A5 $ 210,837.25 $ 0.00 $ 0.00 % 7.000000076
A6 $ 83,363.68 $ 0.00 $ 83,363.68 % 7.000000304
A7 $ 30,208.33 $ 0.00 $ 30,208.33 % 7.249999200
A8 $ 0.00 $ 0.00 $ 0.00 % 0.000000000
A9 $ 29,790.83 $ 0.00 $ 29,790.83 % 6.999999217
A10 $ 163,387.93 $ 0.00 $ 163,387.93 % 6.999999857
A11 $ 119,583.33 $ 0.00 $ 119,583.33 % 6.999999805
A12 $ 701,899.76 $ 0.00 $ 701,899.76 % 7.000000041
S $ 79,224.29 $ 0.00 $ 79,224.29 % 0.411849044
M $ 38,797.31 $ 0.00 $ 38,797.31 % 6.999999556
B1 $ 15,316.72 $ 0.00 $ 15,316.72 % 7.000001622
B2 $ 8,169.69 $ 0.00 $ 8,169.69 % 6.999999829
B3 $ 10,209.21 $ 0.00 $ 10,209.21 % 7.000001783
B4 $ 4,079.03 $ 0.00 $ 4,079.03 % 6.999992249
B5 $ 5,112.62 $ 0.00 $ 5,112.62 % 7.000006572
R $ 0.00 $ 0.00 $ 0.00 % 0.000000000
20. Principal Distribution Amount: $ 1,786,636.76
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 6,683.36 $ 0.00
Class A1 $ 312,430.82 $ 0.00
Class A2 $ 0.00 $ 0.00
Class A3 $ 0.00 $ 0.00
Class A4 $ 187,129.18 $ 0.00
Class A5 $ 0.00 $ 210,837.25
Class A6 $ 144,412.41 $ 0.00
Class A7 $ 0.00 $ 0.00
Class A8 $ 0.00 $ 0.00
Class A9 $ 0.00 $ 0.00
Class A10 $ 0.00 $ 0.00
Class A11 $ 0.00 $ 0.00
Class A12 $ 1,335,518.12 $ 0.00
Class S $ 0.00 $ 0.00
Class M $ 5,367.16 $ 0.00
Class B1 $ 2,118.89 $ 0.00
Class B2 $ 1,130.18 $ 0.00
Class B3 $ 1,412.33 $ 0.00
Class B4 $ 564.29 $ 0.00
Class B5 $ 707.27 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
---------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
---------------
24. Subordinate Certificate Writedown Amount: $ 0.00
---------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
--------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 68,015.42
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 95.861759 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 4.138241
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.36
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-17, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of August 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.449576
------------------------
Weighted average maturity 351.18
------------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 1.71727968 $ 0.82893916 $ 0.00000000 % 0.00000000
A1 $ 12.49723280 $ 10.64760720 $ 5.45750480 % 6.99999981
A2 $ 0.00000000 $ 0.00000000 $ 5.83333356 % 7.00000027
A3 $ 0.00000000 $ 0.00000000 $ 5.83333328 % 6.99999994
A4 $ 7.71324031 $ 6.57165926 $ 5.61224799 % 7.00000021
A5 $ 0.00000000 $ 0.00000000 $ 6.00546885 % 7.00000008
A6 $ 9.60847946 $ 8.18639766 $ 5.54660231 % 7.00000030
A7 $ 0.00000000 $ 0.00000000 $ 6.04166600 % 7.24999920
A8 $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
A9 $ 0.00000000 $ 0.00000000 $ 5.83333268 % 6.99999922
A10 $ 0.00000000 $ 0.00000000 $ 5.83333321 % 6.99999986
A11 $ 0.00000000 $ 0.00000000 $ 5.83333317 % 6.99999980
A12 $ 10.49846920 $ 8.94466637 $ 5.51761365 % 7.00000004
S $ 0.00000000 $ 0.00000000 $ 0.33363032 % 0.41184904
M $ 0.80382807 $ 0.00000000 $ 5.81059009 % 6.99999956
B1 $ 0.80382777 $ 0.00000000 $ 5.81059181 % 7.00000162
B2 $ 0.80382646 $ 0.00000000 $ 5.81059033 % 6.99999983
B3 $ 0.80383039 $ 0.00000000 $ 5.81059192 % 7.00000178
B4 $ 0.80383191 $ 0.00000000 $ 5.81058405 % 6.99999225
B5 $ 0.80382665 $ 0.00000000 $ 5.81059593 % 7.00000657
R $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
A5 $ 210,837.25
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 68,015.42
----------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $340,432,875.42
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,049
--------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 3,837,339.16 $ 3,830,655.80 $ 984.28 GEC9917PO
A1 $ 23,389,306.93 $ 23,076,876.11 $ 923.08 36157R5B7
A2 $ 14,591,000.00 $ 14,591,000.00 $ 1,000.00 36157R5C5
A3 $ 33,502,466.00 $ 33,502,466.00 $ 1,000.00 36157R5D3
A4 $ 23,341,281.59 $ 23,154,152.41 $ 954.39 36157R5E1
A5 $ 36,143,528.18 $ 36,354,365.43 $ 1,035.51 36157R5F8
A6 $ 14,290,915.95 $ 14,146,503.53 $ 941.24 36157R5G6
A7 $ 5,000,000.00 $ 5,000,000.00 $ 1,000.00 36157R5H4
A8 $ 178,571.00 $ 178,571.00 $ 1,000.00 36157R5J0
A9 $ 5,107,000.00 $ 5,107,000.00 $ 1,000.00 36157R5K7
A10 $ 28,009,360.00 $ 28,009,360.00 $ 1,000.00 36157R5L5
A11 $ 20,500,000.00 $ 20,500,000.00 $ 1,000.00 36157R5M3
A12 $ 120,325,672.44 $ 118,990,154.32 $ 935.38 36157R5S0
S $ 230,834,936.86 $ 229,269,818.95 $ 965.50 GEC99017S
M $ 6,650,967.85 $ 6,645,600.69 $ 995.30 36157R5N1
B1 $ 2,625,722.82 $ 2,623,603.93 $ 995.30 36157R5P6
B2 $ 1,400,518.32 $ 1,399,388.13 $ 995.30 36157R5Q4
B3 $ 1,750,149.84 $ 1,748,737.52 $ 995.30 36157R4V4
B4 $ 699,263.06 $ 698,698.77 $ 995.30 36157R4W2
B5 $ 876,448.32 $ 875,741.05 $ 995.30 36157R4X0
R $ 0.00 $ 0.00 $ 0.00 36157R5R2
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 12 Principal Balance $ 4,057,320.37
-------- -------------
2. 60-89 days
Number 0 Principal Balance $ 0.00
-------- -------------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -------------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
----------
E. Other Information:
1. Special Hazard Loss Amount: $ 3,514,470.00
-------------
2. Bankruptcy Loss Amount: $ 135,910.00
-------------
3. Fraud Loss Amount: $ 3,514,470.00
-------------
4. Certificate Interest Rate of the Class S Certificate: %0.00000000
-----------
Exhibit 99.37
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-19, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of August 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 494,714.24
-------------
(b) Interest $ 825,915.40
-------------
(c) Total $ 1,320,629.64
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 247,254.19
------------
(b) Interest $ 419,577.30
------------
(c) Total $ 666,831.49
------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 247,460.05
------------
(b) Interest $ 406,338.10
------------
(c) Total $ 653,798.15
------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 185,398.30
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 586,515.05
------------
(b) Interest $ 3,297.44
------------
(c) Total $ 589,812.49
------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 520,392.00
-------------
(b) Interest $ 2,871.48
-------------
(c) Total $ 523,263.48
-------------
12. Pool Scheduled Principal Balance: $142,268,518.27
---------------
13. Available Funds: $ 2,589,158.43
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
------------
17. Compensating Interest Payment: $ 999.38
------------
18. Total interest payments: $ 802,138.84
------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A $ 759,010.47 $ 0.00 $ 759,010.47 %6.499999982
S $ 26,992.45 $ 0.00 $ 26,992.45 %0.316773623
M $ 6,451.26 $ 0.00 $ 6,451.26 %6.500001889
B1 $ 2,418.56 $ 0.00 $ 2,418.56 %6.500010985
B2 $ 2,418.56 $ 0.00 $ 2,418.56 %6.500010985
B3 $ 2,418.56 $ 0.00 $ 2,418.56 %6.500010985
B4 $ 1,214.61 $ 0.00 $ 1,214.61 %6.500025866
B5 $ 1,214.37 $ 0.00 $ 1,214.37 %6.499982448
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 1,787,019.59
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 3,569.30 $ 0.00
Class A $ 1,773,221.97 $ 0.00
Class S $ 0.00 $ 0.00
Class M $ 4,089.36 $ 0.00
Class B1 $ 1,533.09 $ 0.00
Class B2 $ 1,533.09 $ 0.00
Class B3 $ 1,533.09 $ 0.00
Class B4 $ 769.92 $ 0.00
Class B5 $ 769.77 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
-------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
-------------
24. Subordinate Certificate Writedown Amount: $ 0.00
-------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
-------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 30,952.44
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 97.918341 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 2.081659
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.38
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-19, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of August 1, 1999 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 6.942135
----------------------
Weighted average maturity 171.01
----------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 3.54740496 $ 0.20794653 $ 0.00000000 %0.00000000
A $ 12.03244873 $ 8.76770116 $ 5.15037301 %6.49999998
S $ 0.00000000 $ 0.00000000 $ 0.24965046 %0.31677362
M $ 3.37684558 $ 0.00000000 $ 5.32721718 %6.50000189
B1 $ 3.37685022 $ 0.00000000 $ 5.32722467 %6.50001099
B2 $ 3.37685022 $ 0.00000000 $ 5.32722467 %6.50001099
B3 $ 3.37685022 $ 0.00000000 $ 5.32722467 %6.50001099
B4 $ 3.37684211 $ 0.00000000 $ 5.32723684 %6.50002587
B5 $ 3.37682892 $ 0.00000000 $ 5.32720129 %6.49998245
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 30,952.44
-------------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 142,268,518.27
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 416
-------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 951,590.89 $ 948,021.59 $ 942.21 GEC9919PO
A $ 140,125,010.23 $ 138,351,788.26 $ 938.81 36157R4Q5
S $ 102,252,642.51 $ 100,628,699.65 $ 930.70 GEC99019S
M $ 1,191,001.50 $ 1,186,912.14 $ 980.11 36157R4S1
B1 $ 446,502.63 $ 444,969.54 $ 980.11 36157R4T9
B2 $ 446,502.63 $ 444,969.54 $ 980.11 36157R4U6
B3 $ 446,502.63 $ 444,969.54 $ 980.11 36157R4Y8
B4 $ 224,234.80 $ 223,464.88 $ 980.11 36157R4Z5
B5 $ 224,191.99 $ 223,422.21 $ 980.11 36157R5A9
R $ 0.00 $ 0.00 $ 0.00 36157R4R3
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 4 Principal Balance $ 1,520,972.83
-------- -------------
2. 60-89 days
Number 0 Principal Balance $ 0.00
-------- -------------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -------------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
---------
E. Other Information:
1. Special Hazard Loss Amount: $ 1,714,862.00
-------------
2. Bankruptcy Loss Amount: $ 100,000.00
-------------
3. Fraud Loss Amount: $ 1,514,052.00
-------------
4. Certificate Interest Rate of the Class S Certificate:%0.00000000
-----------
Exhibit 99.39
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-18, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of September 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 397,104.94
-------------
(b) Interest $ 3,017,914.15
-------------
(c) Total $ 3,415,019.09
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 243,015.84
-------------
(b) Interest $ 1,863,293.00
-------------
(c) Total $ 2,106,308.84
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 154,089.10
-------------
(b) Interest $ 1,154,621.15
-------------
(c) Total $ 1,308,710.25
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 228,801.98
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 1,141,308.10
-------------
(b) Interest $ 7,146.40
-------------
(c) Total $ 1,148,454.50
-------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
---------------
(b) Interest $ 0.00
---------------
(c) Total $ 0.00
---------------
12. Pool Scheduled Principal Balance: $487,956,428.34
---------------
13. Available Funds: $ 4,690,440.41
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 2,322.98
-------------
18. Total interest payments: $ 2,923,225.40
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 548,702.40 $ 0.00 $ 548,702.40 %6.999999943
A2 $ 134,927.71 $ 0.00 $ 134,927.71 %7.000000155
A3 $ 99,861.85 $ 0.00 $ 99,861.85 %7.000000244
A4 $ 74,503.33 $ 0.00 $ 74,503.33 %6.999999687
A5 $ 265,533.33 $ 0.00 $ 265,533.33 %6.999999912
A6 $ 160,013.15 $ 0.00 $ 0.00 %6.999999848
A7 $ 693,869.83 $ 0.00 $ 693,869.83 %7.000000034
A8 $ 55,333.33 $ 0.00 $ 55,333.33 %6.999999789
A9 $ 125,000.00 $ 0.00 $ 125,000.00 %7.500000000
A10 $ 500.00 $ 0.00 $ 500.00 %0.030000000
A11 $ 0.00 $ 0.00 $ 0.00 %0.000000000
A12 $ 460,541.67 $ 0.00 $ 460,541.67 %7.000000051
A13 $ 84,583.33 $ 0.00 $ 84,583.33 %6.999999724
S $ 102,849.18 $ 0.00 $ 102,849.18 %0.406282050
RL $ 0.00 $ 0.00 $ 0.00 %0.000000000
M $ 55,573.64 $ 0.00 $ 55,573.64 %7.000000047
B1 $ 21,939.87 $ 0.00 $ 21,939.87 %6.999999835
B2 $ 11,699.71 $ 0.00 $ 11,699.71 %6.999997841
B3 $ 14,624.64 $ 0.00 $ 14,624.64 %6.999999031
B4 $ 5,849.86 $ 0.00 $ 5,849.86 %7.000003789
B5 $ 7,318.57 $ 0.00 $ 7,318.57 %7.000001339
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 1,767,215.01
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 10,258.41 $ 0.00
Class A1 $ 785,440.31 $ 0.00
Class A2 $ 154,731.74 $ 0.00
Class A3 $ 160,013.15 $ 0.00
Class A4 $ 0.00 $ 0.00
Class A5 $ 0.00 $ 0.00
Class A6 $ 0.00 $ 160,013.15
Class A7 $ 800,543.39 $ 0.00
Class A8 $ 0.00 $ 0.00
Class A9 $ 0.00 $ 0.00
Class A10 $ 0.00 $ 0.00
Class A11 $ 0.00 $ 0.00
Class A12 $ 0.00 $ 0.00
Class A13 $ 0.00 $ 0.00
Class S $ 0.00 $ 0.00
Class RL $ 0.00 $ 0.00
Class M $ 7,713.95 $ 0.00
Class B1 $ 3,045.38 $ 0.00
Class B2 $ 1,623.99 $ 0.00
Class B3 $ 2,029.99 $ 0.00
Class B4 $ 811.99 $ 0.00
Class B5 $ 1,015.86 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
-------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
------------
24. Subordinate Certificate Writedown Amount: $ 0.00
------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
-----------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 96,872.19
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 95.851394 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 4.148606
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.40
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-18, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of September 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.416197
------------------------
Weighted average maturity 351.41
------------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 1.62208535 $ 0.73344327 $ 0.00000000 %0.00000000
A1 $ 7.85440310 $ 6.16123940 $ 5.48702400 %6.99999994
A2 $ 6.36756132 $ 4.99491440 $ 5.55258066 %7.00000015
A3 $ 9.01482535 $ 7.07151099 $ 5.62601972 %7.00000024
A4 $ 0.00000000 $ 0.00000000 $ 5.83333307 %6.99999969
A5 $ 0.00000000 $ 0.00000000 $ 5.83333326 %6.99999991
A6 $ 0.00000000 $ 0.00000000 $ 5.97063993 %6.99999985
A7 $ 6.40434712 $ 5.02377016 $ 5.55095864 %7.00000003
A8 $ 0.00000000 $ 0.00000000 $ 5.83333316 %6.99999979
A9 $ 0.00000000 $ 0.00000000 $ 6.25000000 %7.50000000
A10 $ 0.00000000 $ 0.00000000 $ 0.02500000 %0.03000000
A11 $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
A12 $ 0.00000000 $ 0.00000000 $ 5.83333338 %7.00000005
A13 $ 0.00000000 $ 0.00000000 $ 5.83333310 %6.99999972
S $ 0.00000000 $ 0.00000000 $ 0.32895835 %0.40628205
RL $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
M $ 0.80715183 $ 0.00000000 $ 5.81496704 %7.00000005
B1 $ 0.80715081 $ 0.00000000 $ 5.81496687 %6.99999984
B2 $ 0.80715209 $ 0.00000000 $ 5.81496521 %6.99999784
B3 $ 0.80715308 $ 0.00000000 $ 5.81496620 %6.99999903
B4 $ 0.80714712 $ 0.00000000 $ 5.81497018 %7.00000379
B5 $ 0.80715133 $ 0.00000000 $ 5.81496811 %7.00000134
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
A6 $ 160,013.15
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 96,872.19
------------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 487,956,428.34
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,481
--------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 6,230,572.02 $ 6,220,313.61 $ 983.57 GEC9918PO
A1 $ 94,063,269.34 $ 93,277,829.03 $ 932.78 36157R5T8
A2 $ 23,130,464.06 $ 22,975,732.32 $ 945.50 36157R5U5
A3 $ 17,119,173.69 $ 16,959,160.54 $ 955.45 36157R5V3
A4 $ 12,772,000.00 $ 12,772,000.00 $ 1,000.00 36157R5W1
A5 $ 45,520,000.00 $ 45,520,000.00 $ 1,000.00 36157R5X9
A6 $ 27,430,826.31 $ 27,590,839.46 $ 1,029.51 36157R5Y7
A7 $ 118,949,113.13 $ 118,148,569.74 $ 945.19 36157R5Z4
A8 $ 9,485,714.00 $ 9,485,714.00 $ 1,000.00 36157R6A8
A9 $ 20,000,000.00 $ 20,000,000.00 $ 1,000.00 36157R6B6
A10 $ 20,000,000.00 $ 20,000,000.00 $ 1,000.00 36157R6C4
A11 $ 1,514,286.00 $ 1,514,286.00 $ 1,000.00 36157R6D2
A12 $ 78,950,000.00 $ 78,950,000.00 $ 1,000.00 36157R6E0
A13 $ 14,500,000.00 $ 14,500,000.00 $ 1,000.00 36157R6L4
S $ 303,776,689.29 $ 302,317,698.85 $ 966.95 GEC99018S
RL $ 0.00 $ 0.00 $ 0.00 36157R6G5
M $ 9,526,909.65 $ 9,519,195.70 $ 996.04 36157R6H3
B1 $ 3,761,120.66 $ 3,758,075.27 $ 996.04 36157R6J9
B2 $ 2,005,665.19 $ 2,004,041.20 $ 996.04 36157R6K6
B3 $ 2,507,081.49 $ 2,505,051.50 $ 996.04 36158GHM3
B4 $ 1,002,832.60 $ 1,002,020.60 $ 996.04 36158GHN1
B5 $ 1,254,611.76 $ 1,253,595.90 $ 996.04 36158GHP6
R $ 0.00 $ 0.00 $ 0.00 36157R6F7
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 6 Principal Balance $ 2,518,602.68
-------- -------------
2. 60-89 days
Number 0 Principal Balance $ 0.00
-------- -------------
3. 90 days or more
Number 1 Principal Balance $ 328,284.44
-------- -------------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
----------
E. Other Information:
1. Special Hazard Loss Amount: $ 5,030,380.00
-------------
2. Bankruptcy Loss Amount: $ 192,469.00
-------------
3. Fraud Loss Amount: $ 5,030,380.00
-------------
4. Certificate Interest Rate of the Class S Certificate:%0.00000000
-----------
G.
Rounding Amount
Opening Reimbursement (Withdrawl) Closing
Class Balance Amount Balance
- ----- ------- ------ --------------- -------
A9 $ 999.99 $ 0.00 $ 0.00 $ 999.99
Exhibit 99.41
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
FEBRUARY 2000
REMIC Home Equity Loan Pass-Through Certificates,
Series 1999-HE3
Pursuant to the Pooling and Servicing Agreement dated as of September 1,
1999 (the "Agreement") between GE Capital Mortgage Services, Inc. (the
"Company"), and The First National Bank of Chicago (the "Trustee"), governing
the Certificates referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this
month:
A. Mortgage Loan Information:
(1) Aggregate Monthly Payments Due: $4,010,487.77
--------------
(2) Aggregate Monthly Payments received and Monthly Advances made
this Month:
(a) Principal $725,054.40
--------------
(b) Interest $3,087,708.90
--------------
(c) Total $3,812,763.30
--------------
(3) Aggregate Principal Prepayments in part received on Self-
Amortizing Mortgage Loans and applied in the applicable
Prepayment Period:
(a) Principal $103,320.12
--------------
(c) Total $103,320.12
--------------
(4) Aggregate Principal Prepayments in full received in the
applicable Prepayment period:
(a) Principal $4,686,619.86
--------------
(b) Interest $44,357.91
--------------
(c) Total $4,730,977.77
--------------
(5) Aggregate Insurance Proceeds 0 0 (inculding purchases of Mortgage
Loans by primary mortgage insurers) for prior month:
(a) Principal $0.00
------
(b) Interest $0.00
------
(c) Total $0.00
------
(6) Aggregate Liquidation Proceeds for prior month:
(a) Principal $0.00
------
(b) Interest $0.00
------
(c) Total $0.00
------
(7) Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $0.00
------
(b) Interest $0.00
------
(c) Total $0.00
------
(8) Aggregate Purchase Prices for (and substitution adjustments) for
Defective Mortgage Loans:
(a) Principal $0.00
----------------
(b) Interest $0.00
----------------
(c) Total $0.00
----------------
(9) Pool Principal Balance $407,555,771.39
----------------
(10) Available Funds: $8,636,567.96
----------------
(11) Realized Losses for
prior month: $0.00
----------------
(12) Aggregate Realized
Losses: $0.00
----------------
(a) Deficient Valuations $0.00
----------------
(b) Special Hazard Losses $0.00
----------------
(c) Fraud Losses $0.00
----------------
(d) Excess Bankruptcy Losses $0.00
----------------
(e) Excess Special Hazard Losses $0.00
----------------
(f ) Excess Fraud Losses $0.00
----------------
(13) Compensating Interest
Payment: $3,125.11
----------
(14) Net Simple Interest
Shortfall: $0.00
----------
(15) Net Simple Interest
Excess: $0.00
----------
(16) Simple Interest Shortfall
Payment: $0.00
----------
(17) Unpaid Net Simple Interest Shortfall:
Class A1 $0.00
----------
Class A2 $0.00
----------
Class A3 $0.00
----------
Class A4 $0.00
----------
Class A5 $0.00
----------
Class A6 $0.00
----------
Class S $0.00
----------
Class M $0.00
----------
Class B1 $0.00
----------
Class B2 $0.00
----------
Class B3 $0.00
----------
Class B4 $0.00
----------
Class B5 $0.00
----------
(18) Class Certificate Interest Rate:
Class A5 7.795%
--------
Class M 7.775%
--------
Class B1 8.315%
--------
Class B2 9.191%
--------
Class B3 9.191%
--------
Class B4 9.191%
--------
Class B5 9.191%
--------
Class S 1.83%
--------
(19) Accrued Certificate Interest and Pay-out Rate:
Class A1 $637,160.48 6.870%
----------------------------
Class A2 $256,483.33 6.995%
----------------------------
Class A3 $491,775.00 7.110%
----------------------------
Class A4 $323,266.67 7.460%
----------------------------
Class A5 $152,268.83 7.795%
----------------------------
Class A6 $234,494.96 7.450%
----------------------------
Class S $620,748.14 1.83%
----------------------------
Class M $83,806.14 7.775%
----------------------------
Class B1 $82,153.85 8.315%
----------------------------
Class B2 $79,256.19 9.191%
----------------------------
Class B3 $52,832.39 9.191%
----------------------------
Class B4 $37,977.56 9.191%
----------------------------
Class B5 $69,350.03 9.191%
----------------------------
Total $3,121,573.58
(20) Principal distributable:
Class A1 $5,415,280.82
--------------
Class A2 $0.00
--------------
Class A3 $0.00
--------------
Class A4 $0.00
--------------
Class A5 $0.00
--------------
Class A6 $0.00
--------------
Class M $23,011.25
--------------
Class B1 $21,092.62
--------------
Class B2 $18,409.00
--------------
Class B3 $12,271.49
--------------
Class B4 $8,821.13
--------------
Class B5 $16,108.08
--------------
Class R1 $0.00
--------------
Class R2 $0.00
--------------
Total $5,514,994.38
(21) Additional distributions to the Class R1 Certificate pursuant to
Section 2.05 (d) : $0.00
------
(22) Additional distributions to the Class R2 Certificate pursuant to
Section 4.01 (b) : $0.00
------
(23) Distributions Allocable to Unanticipated Recoveries:
Class A1 $0.00
------
Class A2 $0.00
------
Class A3 $0.00
------
Class A4 $0.00
------
Class A5 $0.00
------
Class A6 $0.00
------
Class M $0.00
------
Class B1 $0.00
------
Class B2 $0.00
------
Class B3 $0.00
------
Class B4 $0.00
------
Class B5 $0.00
------
Class R1 $0.00
------
Class R2 $0.00
------
B. Other Amounts:
1) Senior Percentage for such
Distribution Date 86.247437%
-----------
2) Senior Prepayment Percentage
for such Distribution Date 100.00%
-----------
3) Junior Percentage for such
Distribution Date 13.752563%
-----------
4) Junior Prepayment Percentage
for such Distribution Date 0.00%
-----------
5) Subordinate Certfificate Writedown Amount
for such Distribution Date $0.00
-----------
6) Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class B1 X
----------------------------------
Class B2 X
----------------------------------
Class B3 X
----------------------------------
Class B4 X
----------------------------------
Class B5 X
----------------------------------
7) Class A6 Certificate Percentage
for such Distribution Date: 10.745466%
-----------
8) Class A6 Distribution Percentage
for such Distribution Date: 0.00%
-----------
Capitalized terms used in this Certificate shall have the same meanings as
in the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
- -------------------------------------------
Name: Tim Neer
Title: Vice President of Investor Operations
Exhibit 99.42
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
FEBRUARY 2000
REMIC Home Equity Loan Pass-Through Certificates,
Series 1999-HE3
Pursuant to the Pooling and Servicing Agreement dated as of September 1,
1999 (the "Agreement") between GE Capital Mortgage Services, Inc. (the
"Company"), and The First National Bank of Chicago (the "Trustee"), governing
the Certificates referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this
month:
The amounts below are for a Single Certificate of $1,000:
(1) Amount of distribution allocable to principal:
Class A1 36157D AA 4 $39.38386049
--------------
Class A2 36157D AB 4 $0.00000000
--------------
Class A3 36157D AC 0 $0.00000000
--------------
Class A4 36157D AD 8 $0.00000000
--------------
Class A5 36157D AE 6 $0.00000000
--------------
Class A6 36157D AF 3 $0.00000000
--------------
Class M 36157D AG 1 $1.76669879
--------------
Class B1 36157D AH 9 $1.76669879
--------------
Class B2 36157D AJ 5 $1.76669879
--------------
Class B3 No cusip $1.76669879
--------------
Class B4 No cusip $1.76669879
--------------
Class B5 No cusip $1.76669879
--------------
Class R1 36157D AK 2 $0.00000000
--------------
Class R2 36157D AL 0 $0.00000000
--------------
(2) Aggregate principal prepayments included in distribution:
Class A1 36157D AA 4 $4,789,939.98
--------------
Class A2 36157D AB 4 $0.00000000
--------------
Class A3 36157D AC 0 $0.00000000
--------------
Class A4 36157D AD 8 $0.00000000
--------------
Class A5 36157D AE 6 $0.00000000
--------------
Class A6 36157D AF 3 $0.00000000
--------------
Class M 36157D AG 1 $0.00000000
--------------
Class B1 36157D AH 9 $0.00000000
--------------
Class B2 36157D AJ 5 $0.00000000
--------------
Class B3 No cusip $0.00000000
--------------
Class B4 No cusip $0.00000000
--------------
Class B5 No cusip $0.00000000
--------------
Class R1 36157D AK 2 $0.00000000
--------------
Class R2 36157D AL 0 $0.00000000
--------------
(3) Amount of distribution allocable to interest Pay-out Rate:
Class A1 36157D AA 4 $4.63389441 6.870%
------------------------------
Class A2 36157D AB 4 $5.82916667 6.995%
------------------------------
Class A3 36157D AC 0 $5.92500000 7.110%
------------------------------
Class A4 36157D AD 8 $6.21666667 7.460%
------------------------------
Class A5 36157D AE 6 $6.49583333 7.795%
------------------------------
Class A6 36157D AF 3 $6.20833333 7.450%
------------------------------
Class S No cusip $1.52309986 1.83%
------------------------------
Class M 36157D AG 1 $6.43425276 7.775%
------------------------------
Class B1 36157D AH 9 $6.88113334 8.315%
------------------------------
Class B2 36157D AJ 5 $7.60616066 9.191%
------------------------------
Class B3 No cusip $7.60616066 9.191%
------------------------------
Class B4 No cusip $7.60616066 9.191%
------------------------------
Class B5 No cusip $7.60616066 9.191%
------------------------------
(4) Amount of distribution allocable to Unanticipated Recoveries:
Class A1 $0.00
-----------
Class A2 $0.00
-----------
Class A3 $0.00
-----------
Class A4 $0.00
-----------
Class A5 $0.00
-----------
Class A6 $0.00
-----------
Class M $0.00
-----------
Class B1 $0.00
-----------
Class B2 $0.00
-----------
Class B3 $0.00
-----------
Class B4 $0.00
-----------
Class B5 $0.00
-----------
Class R1 $0.00
-----------
Class R2 $0.00
-----------
(5) Servicing Compensation: $171,098.61
------------
The amounts below are for the aggregate of all Certificates:
(6) Pool Principal Balance; $407,555,771.39
----------------
number of Mortgage Loans: 5,945
----------------
(7) Class Certificate Principal Balance (or Notional Principal
Balance) of each Class; Certificate Principal Balance (or
Notional Principal Balance) of Single Certificate of each Class:
Single
Certificate
Class Class Balance Balance
36157D AA 4 Class A1 $105,879,126.42 $770.03001030
---------------------------------------
36157D AB 4 Class A2 $44,000,000.00 $1,000.00000000
---------------------------------------
36157D AC 0 Class A3 $83,000,000.00 $1,000.00000000
---------------------------------------
36157D AD 8 Class A4 $52,000,000.00 $1,000.00000000
---------------------------------------
36157D AE 6 Class A5 $23,441,000.00 $1,000.00000000
---------------------------------------
36157D AF 3 Class A6 $37,771,000.00 $1,000.00000000
---------------------------------------
36157D AG 1 Class M $12,911,698.80 $991.30125157
---------------------------------------
36157D AH 9 Class B1 $11,835,145.64 $991.30125157
---------------------------------------
36157D AJ 5 Class B2 $10,329,359.04 $991.30125157
---------------------------------------
No cusip Class B3 $6,885,578.49 $991.30125157
---------------------------------------
No cusip Class B4 $4,949,567.15 $991.30125157
---------------------------------------
No cusip Class B5 $9,038,301.47 $991.30125157
---------------------------------------
36157D AK 2 Class R1 $0.00 $0.00000000
---------------------------------------
36157D AL 0 Class R2 $0.00 $0.00000000
---------------------------------------
(8) Book value of real estate acquired on behalf of Certificate-
holders; number of $0.00
---------
related Mortgage Loans: 0
---------
(9) Aggregate Scheduled Principal Balance and number of delinquent
Mortgage Loans:
One Payment Delinquent $7,394,985.09
---------------
110
---------------
Two Payments Delinquent $2,347,883.75
---------------
32
---------------
Three or more Payments Delinquent $1,399,241.95
---------------
15
---------------
TOTAL $11,142,110.79
---------------
157
---------------
In foreclosure $2,446,945.51
---------------
34
---------------
(10) Aggregate Scheduled Principal Balance and number of replaced
Mortgage Loans: $0.00
------
0
------
(11) Unpaid Net Simple Interest Shortfall:
Class A1 $0.00
------
Class A2 $0.00
------
Class A3 $0.00
------
Class A4 $0.00
------
Class A5 $0.00
------
Class A6 $0.00
------
Class S $0.00
------
Class M $0.00
------
Class B1 $0.00
------
Class B2 $0.00
------
Class B3 $0.00
------
Class B4 $0.00
------
Class B5 $0.00
------
(12) Class Certificate Interest Rate of:
Class M 7.775%
-----------
Class B1 8.315%
-----------
Class B2 9.191%
-----------
Class B3 9.191%
-----------
Class B4 9.191%
-----------
Class B5 9.191%
-----------
Class S 1.83%
-----------
(13) Senior Percentage for such Distribution Date 86.247437%
-----------
(14) Senior Prepayment Percentage
for such Distribution Date 100.00%
-----------
(15) Junior Percentage for such
Distribution Date 13.752563%
-----------
(16) Junior Prepayment Percentage
for such Distribution Date 0.00%
-----------
(17) Class A6 Certificate Percentage
for such Distribution Date 10.745466%
-----------
(18) Class A6 Distribution Percentage
for such Distribution Date 0.00%
-----------
Capitalized terms used in this Certificate shall have the same meanings as
in the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
----------------------------------------------
Name: Tim Neer
Title: Vice President of Investor Operations
Exhibit 99.43
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-20, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of November 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 244,755.50
-------------
(b) Interest $ 2,209,897.01
-------------
(c) Total $ 2,454,652.51
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 209,316.03
-------------
(b) Interest $ 1,886,665.10
-------------
(c) Total $ 2,095,981.13
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 35,439.47
-------------
(b) Interest $ 323,231.91
-------------
(c) Total $ 358,671.38
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 59,825.02
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 2,531,237.39
-------------
(b) Interest $ 17,911.29
-------------
(c) Total $ 2,549,148.68
-------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
--------------
(b) Interest $ 0.00
--------------
(c) Total $ 0.00
--------------
12. Pool Scheduled Principal Balance: $ 335,361,775.63
--------------
13. Available Funds: $ 4,996,044.85
--------------
14. Realized Losses for prior month: $ 0.00
--------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 2,886.02
-------------
18. Total interest payments: $ 2,160,226.95
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 1,075,432.08 $ 0.00 $1,075,432.08 %7.249999993
A2 $ 0.00 $ 0.00 $ 0.00 %0.000000000
A3 $ 112,281.16 $ 0.00 $ 112,281.16 %7.499999833
A4 $ 11,875.00 $ 0.00 $ 11,875.00 %7.500000000
A5 $ 17,643.75 $ 0.00 $ 17,643.75 %7.500000000
A6 $ 12,044.38 $ 0.00 $ 12,044.38 %7.500003113
A7 $ 8,698.44 $ 0.00 $ 8,698.44 %7.500002156
A8 $ 5,937.50 $ 0.00 $ 5,937.50 %7.500000000
A9 $ 6,666.67 $ 0.00 $ 6,666.67 %8.000004000
A10 $ 5,625.00 $ 0.00 $ 5,625.00 %7.500000000
A11 $ 11,875.00 $ 0.00 $ 11,875.00 %7.500000000
A12 $ 45,665.31 $ 0.00 $ 45,665.31 %7.499999589
A13 $ 27,550.00 $ 0.00 $ 27,550.00 %7.500000000
A14 $ 45,387.59 $ 0.00 $ 45,387.59 %7.500000413
A15 $ 10,018.75 $ 0.00 $ 10,018.75 %7.500000000
A16 $ 6,666.67 $ 0.00 $ 6,666.67 %8.000004000
A17 $ 207,564.48 $ 0.00 $ 207,564.48 %7.250000029
A18 $ 180,268.19 $ 0.00 $ 180,268.19 %7.249999883
A19 $ 148,754.07 $ 0.00 $ 148,754.07 %7.249999797
S $ 132,183.21 $ 0.00 $ 132,183.21 %0.584506025
M $ 39,377.92 $ 0.00 $ 39,377.92 %7.249999577
B1 $ 17,616.60 $ 0.00 $ 17,616.60 %7.250000956
B2 $ 9,327.14 $ 0.00 $ 9,327.14 %7.249997007
B3 $ 10,364.83 $ 0.00 $ 10,364.83 %7.249997291
B4 $ 5,182.42 $ 0.00 $ 5,182.42 %7.250004328
B5 $ 6,220.79 $ 0.00 $ 6,220.79 %7.249995846
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 2,835,817.90
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 2,777.58 $ 0.00
Class A1 $ 2,822,508.46 $ 0.00
Class A2 $ 0.00 $ 0.00
Class A3 $ 0.00 $ 0.00
Class A4 $ 0.00 $ 0.00
Class A5 $ 0.00 $ 0.00
Class A6 $ 0.00 $ 0.00
Class A7 $ 0.00 $ 0.00
Class A8 $ 0.00 $ 0.00
Class A9 $ 0.00 $ 0.00
Class A10 $ 0.00 $ 0.00
Class A11 $ 0.00 $ 0.00
Class A12 $ 0.00 $ 0.00
Class A13 $ 0.00 $ 0.00
Class A14 $ 0.00 $ 0.00
Class A15 $ 0.00 $ 0.00
Class A16 $ 0.00 $ 0.00
Class A17 $ 0.00 $ 0.00
Class A18 $ 0.00 $ 0.00
Class A19 $ 0.00 $ 0.00
Class S $ 0.00 $ 0.00
Class M $ 4,707.96 $ 0.00
Class B1 $ 2,106.21 $ 0.00
Class B2 $ 1,115.14 $ 0.00
Class B3 $ 1,239.20 $ 0.00
Class B4 $ 619.60 $ 0.00
Class B5 $ 743.75 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
--------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
--------------
24. Subordinate Certificate Writedown Amount: $ 0.00
--------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
--------------
26. The Certificate Interest Rate applicable to the Interest Accrual
Period relating to such Distribution Date applicable to any floating
index certificate.
Class Certificate Interest
Rates
Class A9 % 8.00000400
Class A16 % 8.00000400
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 65,883.36
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 95.654634 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 4.345366
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.44
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-20, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of November 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.906358
------------------------
Weighted average maturity 353.45
------------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 1.04241696 $ 0.14722144 $ 0.00000000 % 0.00000000
A1 $ 15.39540230 $ 14.13083767 $ 5.86595567 % 7.24999999
A2 $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
A3 $ 0.00000000 $ 0.00000000 $ 6.24999986 % 7.49999983
A4 $ 0.00000000 $ 0.00000000 $ 6.25000000 % 7.50000000
A5 $ 0.00000000 $ 0.00000000 $ 6.25000000 % 7.50000000
A6 $ 0.00000000 $ 0.00000000 $ 6.25000259 % 7.50000311
A7 $ 0.00000000 $ 0.00000000 $ 6.25000180 % 7.50000216
A8 $ 0.00000000 $ 0.00000000 $ 6.25000000 % 7.50000000
A9 $ 0.00000000 $ 0.00000000 $ 6.66667000 % 8.00000400
A10 $ 0.00000000 $ 0.00000000 $ 6.25000000 % 7.50000000
A11 $ 0.00000000 $ 0.00000000 $ 6.25000000 % 7.50000000
A12 $ 0.00000000 $ 0.00000000 $ 6.24999966 % 7.49999959
A13 $ 0.00000000 $ 0.00000000 $ 6.25000000 % 7.50000000
A14 $ 0.00000000 $ 0.00000000 $ 6.25000034 % 7.50000041
A15 $ 0.00000000 $ 0.00000000 $ 6.25000000 % 7.50000000
A16 $ 0.00000000 $ 0.00000000 $ 6.66667000 % 8.00000400
A17 $ 0.00000000 $ 0.00000000 $ 6.04166669 % 7.25000003
A18 $ 0.00000000 $ 0.00000000 $ 6.04166657 % 7.24999988
A19 $ 0.00000000 $ 0.00000000 $ 6.04166650 % 7.24999980
S $ 0.00000000 $ 0.00000000 $ 0.47794161 % 0.58450603
M $ 0.72130535 $ 0.00000000 $ 6.03308105 % 7.24999958
B1 $ 0.72130479 $ 0.00000000 $ 6.03308219 % 7.25000096
B2 $ 0.72130660 $ 0.00000000 $ 6.03307891 % 7.24999701
B3 $ 0.72130384 $ 0.00000000 $ 6.03307916 % 7.24999729
B4 $ 0.72130384 $ 0.00000000 $ 6.03308498 % 7.25000433
B5 $ 0.72130738 $ 0.00000000 $ 6.03307796 % 7.24999585
R $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 65,883.36
----------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $335,361,775.63
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,033
------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 2,659,317.67 $ 2,656,540.09 $ 996.99 GEC9920PO
A1 $ 178,002,551.35 $ 175,180,042.89 $ 955.52 36157R6S9
A2 $ 1,804,701.00 $ 1,804,701.00 $ 1,000.00 36157R6T7
A3 $ 17,964,986.00 $ 17,964,986.00 $ 1,000.00 36157R6U4
A4 $ 1,900,000.00 $ 1,900,000.00 $ 1,000.00 36157R6V2
A5 $ 2,823,000.00 $ 2,823,000.00 $ 1,000.00 36157R6W0
A6 $ 1,927,100.00 $ 1,927,100.00 $ 1,000.00 36157R6X8
A7 $ 1,391,750.00 $ 1,391,750.00 $ 1,000.00 36157R6Y6
A8 $ 950,000.00 $ 950,000.00 $ 1,000.00 36157R6Z3
A9 $ 1,000,000.00 $ 1,000,000.00 $ 1,000.00 36157R7A7
A10 $ 900,000.00 $ 900,000.00 $ 1,000.00 36157R7B5
A11 $ 1,900,000.00 $ 1,900,000.00 $ 1,000.00 36157R7C3
A12 $ 7,306,450.00 $ 7,306,450.00 $ 1,000.00 36157R7D1
A13 $ 4,408,000.00 $ 4,408,000.00 $ 1,000.00 36157R7E9
A14 $ 7,262,014.00 $ 7,262,014.00 $ 1,000.00 36157R7F6
A15 $ 1,603,000.00 $ 1,603,000.00 $ 1,000.00 36157R7G4
A16 $ 1,000,000.00 $ 1,000,000.00 $ 1,000.00 36157R7H2
A17 $ 34,355,500.00 $ 34,355,500.00 $ 1,000.00 36157R7J8
A18 $ 29,837,494.00 $ 29,837,494.00 $ 1,000.00 36157R7V1
A19 $ 24,621,364.00 $ 24,621,364.00 $ 1,000.00 36157R7W9
S $ 271,374,194.84 $ 268,602,526.62 $ 971.20 GEC99020S
M $ 6,517,725.07 $ 6,513,017.11 $ 997.86 36157R7L3
B1 $ 2,915,850.65 $ 2,913,744.44 $ 997.86 36157R7M1
B2 $ 1,543,803.12 $ 1,542,687.98 $ 997.86 36157R7N9
B3 $ 1,715,558.71 $ 1,714,319.50 $ 997.86 36157R7S8
B4 $ 857,779.35 $ 857,159.75 $ 997.86 36157R7T6
B5 $ 1,029,648.59 $ 1,028,904.84 $ 997.86 36157R7U3
R $ 0.00 $ 0.00 $ 0.00 36157R7K5
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 8 Principal Balance $ 2,063,246.44
-------- -------------
2. 60-89 days
Number 1 Principal Balance $ 323,644.71
-------- -------------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -------------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
---------
7. The Certificate Interest Rate applicable to the Interest Accrual
Period relating to such Distribution Date applicable to any
floating index certificate:
Certificate Interest
Class Rates
A9 % 8.00000400
A16 % 8.00000400
E. Other Information:
1. Special Hazard Loss Amount: $ 4,439,614.00
-------------
2. Bankruptcy Loss Amount: $ 137,578.00
-------------
3. Fraud Loss Amount: $ 3,435,556.00
-------------
4. Certificate Interest Rate of the Class S Certificate:% 0.00000000
-----------
G.
Rounding Amount
Opening Reimbursement (Withdrawl) Closing
Class Balance Amount Balance
- ----- ------- ------ --------------- -------
A9 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A10 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A11 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A15 $ 999.99 $ 0.00 $ 0.00 $ 999.99
A9 $ 15,000.00 $ 0.00 $ 0.00 $ 13,749.99
A16 $ 15,000.00 $ 0.00 $ 0.00 $ 13,750.02
Exhibit 99.45
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 1999-21, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of November 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 555,655.58
-------------
(b) Interest $ 1,021,187.66
-------------
(c) Total $ 1,576,843.24
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 371,058.38
-------------
(b) Interest $ 699,434.20
-------------
(c) Total $ 1,070,492.58
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 184,597.20
-------------
(b) Interest $ 321,753.46
-------------
(c) Total $ 506,350.66
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 367,868.87
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 243,040.79
------------
(b) Interest $ 1,208.42
------------
(c) Total $ 244,249.21
------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
-------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
12. Pool Scheduled Principal Balance: $166,673,814.76
---------------
13. Available Funds: $ 2,155,528.03
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
------------
17. Compensating Interest Payment: $ 1,850.03
------------
18. Total interest payments: $ 988,962.79
------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A $ 914,287.52 $ 0.00 $ 914,287.52 %6.749999990
S $ 52,838.41 $ 0.00 $ 52,838.41 %0.523371965
M $ 7,276.85 $ 0.00 $ 7,276.85 %6.749996620
B1 $ 4,851.24 $ 0.00 $ 4,851.24 %6.750005844
B2 $ 2,425.62 $ 0.00 $ 2,425.62 %6.750005844
B3 $ 3,884.34 $ 0.00 $ 3,884.34 %6.749996514
B4 $ 1,453.14 $ 0.00 $ 1,453.14 %6.750022471
B5 $ 1,945.67 $ 0.00 $ 1,945.67 %6.750013248
R $ 0.00 $ 0.00 $ 0.00 %0.000000000
20. Principal Distribution Amount: $ 1,166,565.24
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 35,198.02 $ 0.00
Class A $ 1,118,519.29 $ 0.00
Class S $ 0.00 $ 0.00
Class M $ 4,281.41 $ 0.00
Class B1 $ 2,854.27 $ 0.00
Class B2 $ 1,427.14 $ 0.00
Class B3 $ 2,285.39 $ 0.00
Class B4 $ 854.97 $ 0.00
Class B5 $ 1,144.75 $ 0.00
Class R $ 0.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
-------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
-------------
24. Subordinate Certificate Writedown Amount: $ 0.00
-------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 34,614.68
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 97.667313 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 2.332687
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.46
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 1999-21, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of November 1, 1999
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.324008
----------------------
Weighted average maturity 172.86
----------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 24.00512151 $ 20.67871111 $ 0.00000000 %0.00000000
A $ 6.64756502 $ 3.45054713 $ 5.43377820 %6.74999999
S $ 0.00000000 $ 0.00000000 $ 0.42134927 %0.52337197
M $ 3.28833333 $ 0.00000000 $ 5.58897849 %6.74999662
B1 $ 3.28832949 $ 0.00000000 $ 5.58898618 %6.75000584
B2 $ 3.28834101 $ 0.00000000 $ 5.58898618 %6.75000584
B3 $ 3.28833094 $ 0.00000000 $ 5.58897842 %6.74999651
B4 $ 3.28834615 $ 0.00000000 $ 5.58900000 %6.75002247
B5 $ 3.28832685 $ 0.00000000 $ 5.58899226 %6.75001325
R $ 0.00000000 $ 0.00000000 $ 0.00000000 %0.00000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 34,614.68
----------------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 166,673,814.76
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 523
-------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 1,418,269.42 $ 1,383,071.40 $ 943.26 GEC9921PO
A $ 162,540,003.80 $ 161,421,484.51 $ 959.36 36157R6M2
S $ 121,149,194.45 $ 120,477,207.72 $ 960.72 GEC99021S
M $ 1,293,662.87 $ 1,289,381.46 $ 990.31 36157R6P5
B1 $ 862,441.92 $ 859,587.64 $ 990.31 36157R6Q3
B2 $ 431,220.96 $ 429,793.82 $ 990.31 36157R6R1
B3 $ 690,549.69 $ 688,264.30 $ 990.31 36157R7P4
B4 $ 258,335.14 $ 257,480.17 $ 990.31 36157R7Q2
B5 $ 345,896.21 $ 344,751.46 $ 990.31 36157R7R0
R $ 0.00 $ 0.00 $ 0.00 36157R6N0
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 5 Principal Balance $ 1,845,313.63
-------- -------------
2. 60-89 days
Number 0 Principal Balance $ 0.00
-------- -------------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -------------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
------------
E. Other Information:
1. Special Hazard Loss Amount: $ 2,736,101.00
--------------
2. Bankruptcy Loss Amount: $ 100,000.00
--------------
3. Fraud Loss Amount: $ 1,736,335.00
--------------
4. Certificate Interest Rate of the Class S Certificate:%0.00000000
-----------
Exhibit 99.47
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 2000-01, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of January 1, 2000 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 275,926.69
-------------
(b) Interest $ 2,594,912.54
-------------
(c) Total $ 2,870,839.23
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 160,653.56
-------------
(b) Interest $ 1,509,675.77
-------------
(c) Total $ 1,670,329.33
-------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 115,273.13
-------------
(b) Interest $ 1,085,236.77
-------------
(c) Total $ 1,200,509.90
-------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 32,985.83
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 1,069,660.73
-------------
(b) Interest $ 7,440.40
-------------
(c) Total $ 1,077,101.13
-------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
------------
(b) Interest $ 0.00
------------
(c) Total $ 0.00
------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 913,149.51
------------
(b) Interest $ 5,262.16
------------
(c) Total $ 918,411.67
------------
12. Pool Scheduled Principal Balance: $388,840,344.19
---------------
13. Available Funds: $ 4,816,654.96
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
-------------
17. Compensating Interest Payment: $ 433.04
-------------
18. Total interest payments: $ 2,524,932.50
-------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 1,391,662.50 $ 0.00 $ 1,391,662.50 %7.500000000
A2 $ 250,000.00 $ 0.00 $ 250,000.00 %7.500000000
A3 $ 146,118.75 $ 0.00 $ 146,118.75 %7.500000000
A4 $ 42,112.50 $ 0.00 $ 42,112.50 %7.500000000
A5 $ 31,593.75 $ 0.00 $ 31,593.75 %7.500000000
A6 $ 135,468.75 $ 0.00 $ 135,468.75 %7.500000000
A7 $ 90,237.50 $ 0.00 $ 90,237.50 %7.500000000
A8 $ 184,543.75 $ 0.00 $ 184,543.75 %7.500000000
A9 $ 46,137.50 $ 0.00 $ 0.00 %7.500000000
S $ 103,156.75 $ 0.00 $ 103,156.75 %0.421612183
M $ 50,118.75 $ 0.00 $ 50,118.75 %7.500000000
B1 $ 20,775.00 $ 0.00 $ 20,775.00 %7.500000000
B2 $ 12,225.00 $ 0.00 $ 12,225.00 %7.500000000
B3 $ 8,556.25 $ 0.00 $ 8,556.25 %7.500000000
B4 $ 6,112.50 $ 0.00 $ 6,112.50 %7.500000000
B5 $ 6,112.62 $ 0.00 $ 6,112.62 %7.500001227
R $ 0.63 $ 0.00 $ 0.63 %7.560000000
20. Principal Distribution Amount: $ 2,291,722.46
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 106,570.27 $ 0.00
Class A1 $ 1,646,298.45 $ 0.00
Class A2 $ 0.00 $ 0.00
Class A3 $ 260,046.93 $ 0.00
Class A4 $ 0.00 $ 0.00
Class A5 $ 0.00 $ 0.00
Class A6 $ 267,004.28 $ 0.00
Class A7 $ 0.00 $ 0.00
Class A8 $ 46,137.50 $ 0.00
Class A9 $ 0.00 $ 46,137.50
Class S $ 0.00 $ 0.00
Class M $ 5,645.00 $ 0.00
Class B1 $ 2,339.94 $ 0.00
Class B2 $ 1,376.93 $ 0.00
Class B3 $ 963.71 $ 0.00
Class B4 $ 688.47 $ 0.00
Class B5 $ 688.48 $ 0.00
Class R $ 100.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
--------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
--------------
24. Subordinate Certificate Writedown Amount: $ 0.00
--------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
-------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 42,681.23
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 95.709755 N/A N/A N/A
----------- ---- ----- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ----- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ----- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ----- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ----- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ----- ----
11. Junior Percentage: % 4.290245
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.48
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 2000-01, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of January 1, 2000 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 8.004868
------------------------
Weighted average maturity 354.22
------------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 29.21375870 $ 28.34874909 $ 0.00000000 %0.00000000
A1 $ 7.39357805 $ 6.50548332 $ 6.25000000 %7.50000000
A2 $ 0.00000000 $ 0.00000000 $ 6.25000000 %7.50000000
A3 $ 11.12309893 $ 9.78702511 $ 6.25000000 %7.50000000
A4 $ 0.00000000 $ 0.00000000 $ 6.25000000 %7.50000000
A5 $ 0.00000000 $ 0.00000000 $ 6.25000000 %7.50000000
A6 $ 12.31853656 $ 10.83887059 $ 6.25000000 %7.50000000
A7 $ 0.00000000 $ 0.00000000 $ 6.25000000 %7.50000000
A8 $ 1.56255292 $ 1.37486368 $ 6.25000000 %7.50000000
A9 $ 0.00000000 $ 0.00000000 $ 6.25000000 %7.50000000
S $ 0.00000000 $ 0.00000000 $ 0.35134349 %0.42161218
M $ 0.70395311 $ 0.00000000 $ 6.25000000 %7.50000000
B1 $ 0.70395307 $ 0.00000000 $ 6.25000000 %7.50000000
B2 $ 0.70395194 $ 0.00000000 $ 6.25000000 %7.50000000
B3 $ 0.70395179 $ 0.00000000 $ 6.25000000 %7.50000000
B4 $ 0.70395706 $ 0.00000000 $ 6.25000000 %7.50000000
B5 $ 0.70395358 $ 0.00000000 $ 6.25000102 %7.50000123
R $ 1000.00000000 $ 879.90000000 $ 6.30000000 %7.56000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
A9 $ 46,137.50
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 42,681.23
---------------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 388,840,344.19
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,281
---------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 3,647,947.91 $ 3,541,377.64 $ 970.79 GEC0001PO
A1 $ 222,666,000.00 $ 221,019,701.55 $ 992.61 36157BAA8
A2 $ 40,000,000.00 $ 40,000,000.00 $ 1,000.00 36157BAB6
A3 $ 23,379,000.00 $ 23,118,953.07 $ 988.88 36157BAC4
A4 $ 6,738,000.00 $ 6,738,000.00 $ 1,000.00 36157BAD2
A5 $ 5,055,000.00 $ 5,055,000.00 $ 1,000.00 36157BAE0
A6 $ 21,675,000.00 $ 21,407,995.72 $ 987.68 36157BAF7
A7 $ 14,438,000.00 $ 14,438,000.00 $ 1,000.00 36157BAG5
A8 $ 29,527,000.00 $ 29,480,862.50 $ 998.44 36157BAH3
A9 $ 7,382,000.00 $ 7,428,137.50 $ 1,006.25 36157BAJ9
S $ 293,606,553.57 $ 292,416,601.07 $ 995.95 GEC00001S
M $ 8,019,000.00 $ 8,013,355.00 $ 999.30 36157BAL4
B1 $ 3,324,000.00 $ 3,321,660.06 $ 999.30 36157BAM2
B2 $ 1,956,000.00 $ 1,954,623.07 $ 999.30 36157BAN0
B3 $ 1,369,000.00 $ 1,368,036.29 $ 999.30 36157BAZ3
B4 $ 978,000.00 $ 977,311.53 $ 999.30 36157BBA7
B5 $ 978,019.04 $ 977,330.56 $ 999.30 36157BBB5
R $ 100.00 $ 0.00 $ 0.00 36157BAK6
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 22 Principal Balance $ 6,509,491.13
-------- -------------
2. 60-89 days
Number 0 Principal Balance $ 0.00
-------- -------------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -------------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
----------
E. Other Information:
1. Special Hazard Loss Amount: $ 3,914,201.00
-------------
2. Bankruptcy Loss Amount: $ 159,061.00
-------------
3. Fraud Loss Amount: $ 3,911,321.00
-------------
4. Certificate Interest Rate of the Class S Certificate: %0.00000000
-----------
*It has been the Company's experience that, with respect to the first
Distribution Date after the closing of a securitization containing a large
number of recently originated or acquired Mortgage Loans, the number of Mortgage
Loans 30-59 days delinquent may be inflated due to the borrowers sending monthly
payments to the wrong location or delays by the Company in inputting the
Mortgage Loans on its servicing system. It has also been the Company's
experience that for the majority of such Mortgage Loans the routing of
borrowers' monthly payments has corrected itself by the second Distribution
Date. However, the Company makes no assurances as to the level of delinquent
Mortgage Loans for future Distribution Dates.
Exhibit 99.49
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
February, 2000
Series 2000-02, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of January 1, 2000 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this month:
A. Mortgage Loan Information:
1. Aggregate scheduled Monthly Payments:
(a) Principal $ 92,958.04
-------------
(b) Interest $ 965,834.60
-------------
(c) Total $ 1,058,792.64
-------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 52,334.76
------------
(b) Interest $ 557,426.22
------------
(c) Total $ 609,760.98
------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 40,623.28
------------
(b) Interest $ 408,408.38
------------
(c) Total $ 449,031.66
------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 27,943.78
------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 1,785,509.71
-------------
(b) Interest $ 12,043.04
-------------
(c) Total $ 1,797,552.75
-------------
6. Aggregate Insurance Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
7. Aggregate Liquidation Proceeds received:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
8. Aggregate Deficient Valuations with respect to the Mortgage
Loans during the prior month: $ 0.00
------------
9. Aggregate Debt Service Reductions with respect to the Mortgage
Loans during the prior month: $ 0.00
-------------
10. Aggregate Purchase Prices for Defaulted Mortgage Loans:
(a) Principal $ 0.00
-------------
(b) Interest $ 0.00
-------------
(c) Total $ 0.00
-------------
11. Aggregate Purchase Prices for Defective Mortgage Loans:
(a) Principal $ 142,071.60
---------------
(b) Interest $ 976.33
---------------
(c) Total $ 143,047.93
---------------
12. Pool Scheduled Principal Balance: $138,292,263.20
---------------
13. Available Funds: $ 2,997,991.55
---------------
14. Realized Losses for prior month: $ 0.00
---------------
15. Aggregate Realized Losses
(a) Aggregate Realized Losses: $ 0.00
------------------------
(b) Deficient Valuations: $ 0.00
------------------------
(c) Debt Service Reductions: $ 0.00
------------------------
(d) Bankruptcy Losses: $ 0.00
------------------------
(e) Special Hazard Losses: $ 0.00
------------------------
(f) Fraud Losses: $ 0.00
------------------------
(g) Excess Bankruptcy Losses: $ 0.00
------------------------
(h) Excess Special Hazard Losses: $ 0.00
------------------------
(i) Excess Fraud Losses: $ 0.00
------------------------
16. Non-Credit Losses: $ 0.00
------------
17. Compensating Interest Payment: $ 164.09
------------
18. Total interest payments: $ 949,508.34
------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
- ----- -------- ------------------- ------- ------------
PO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 656,799.58 $ 0.00 $ 656,799.58 %7.749999961
A2 $ 82,098.33 $ 0.00 $ 82,098.33 %7.749999685
A3 $ 82,098.33 $ 0.00 $ 82,098.33 %7.749999685
S $ 51,464.90 $ 0.00 $ 51,464.90 %0.578883482
M $ 38,071.88 $ 0.00 $ 38,071.88 %7.750001018
B1 $ 13,594.79 $ 0.00 $ 13,594.79 %7.749999050
B2 $ 12,232.08 $ 0.00 $ 12,232.08 %7.749997888
B3 $ 5,437.92 $ 0.00 $ 5,437.92 %7.750004751
B4 $ 3,171.04 $ 0.00 $ 3,171.04 %7.749995927
B5 $ 4,538.84 $ 0.00 $ 4,538.84 %7.749994696
R $ 0.65 $ 0.00 $ 0.65 %7.800000000
20. Principal Distribution Amount: $ 2,048,483.21
-------------
21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class PO $ 7,006.76 $ 0.00
Class A1 $ 2,025,087.24 $ 0.00
Class A2 $ 0.00 $ 0.00
Class A3 $ 8,403.14 $ 0.00
Class S $ 0.00 $ 0.00
Class M $ 3,896.83 $ 0.00
Class B1 $ 1,391.49 $ 0.00
Class B2 $ 1,252.01 $ 0.00
Class B3 $ 556.60 $ 0.00
Class B4 $ 324.57 $ 0.00
Class B5 $ 464.57 $ 0.00
Class R $ 100.00 $ 0.00
22. Additional distributions to the Class R Certificate pursuant to the
Agreement:
$ 0.00
----------------
23. Additional distributions to the Class RL Certificate pursuant to the
Agreement:
$ 0.00
----------------
24. Subordinate Certificate Writedown Amount: $ 0.00
----------------
Accumulative
Class Supported Shortfall Supported Shortfall
----- ------------------- -------------------
B1 $ 0.00 $ 0.00
B2 $ 0.00 $ 0.00
B3 $ 0.00 $ 0.00
B4 $ 0.00 $ 0.00
B5 $ 0.00 $ 0.00
25. Unanticipated Recoveries: $ 0.00
---------------
B. Other Amounts for such Distribution Date:
1. Prepayment Distribution Triggers satisfied:
Yes No
--- --
Class-B1 X
Class-B2 X
Class-B3 X
Class-B4 X
Class-B5 X
2. Base Servicing Fee amount: $ 17,205.41
----------
3. Supplemental Servicing Fee amount: $ N/A
----------
4. Credit Losses for prior month: $ 0.00
----------
Category Category Category
A B C
5. Senior Percentage: % 91.420621 N/A N/A N/A
----------- ---- ---- ----
6. Group I Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
7. Group II Senior Percentage:
% N/A N/A N/A N/A
----------- ---- ---- ----
8. Senior Prepayment Percentage:
%100.000000 N/A N/A N/A
----------- ---- ---- ----
9. Group I Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
10. Group II Senior Prepayment
Percentage: % N/A N/A N/A N/A
----------- ---- ---- ----
11. Junior Percentage: % 8.579379
-----------
12. Junior Prepayment Percentage:
% 0.000000
-----------
Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Tim Neer
-------------------------------
Tim Neer
Vice President
Investor Services
Exhibit 99.50
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 2000
Series 2000-02, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of January 1, 2000 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 8.379576
---------------------
Weighted average maturity 352.90
---------------------
A. Amount of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
PO $ 5.43641078 $ 4.63006111 $ 0.00000000 %0.00000000
A1 $ 19.91275384 $ 19.08991160 $ 6.45833330 %7.74999996
A2 $ 0.00000000 $ 0.00000000 $ 6.45833307 %7.74999969
A3 $ 0.66103996 $ 0.63372404 $ 6.45833307 %7.74999969
S $ 0.00000000 $ 0.00000000 $ 0.48240290 %0.57888348
M $ 0.66103986 $ 0.00000000 $ 6.45833418 %7.75000102
B1 $ 0.66104038 $ 0.00000000 $ 6.45833254 %7.74999905
B2 $ 0.66104013 $ 0.00000000 $ 6.45833157 %7.74999789
B3 $ 0.66104513 $ 0.00000000 $ 6.45833729 %7.75000475
B4 $ 0.66103870 $ 0.00000000 $ 6.45832994 %7.74999593
B5 $ 0.66103803 $ 0.00000000 $ 6.45832891 %7.74999470
R $1000.00000000 $ 958.70000000 $ 6.50000000 %7.80000000
2. Unanticipated Recoveries: $ 0.00
---------------
B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company
during the month preceding the month of distribution:
$ 17,205.41
------------
C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 138,292,263.20
---------------
2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,020
---------------
3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
PO $ 1,288,857.72 $ 1,281,850.96 $ 994.56 GEC0002PO
A1 $ 101,698,000.00 $ 99,672,912.76 $ 980.09 36157BAP5
A2 $ 12,712,000.00 $ 12,712,000.00 $ 1,000.00 36157BAQ3
A3 $ 12,712,000.00 $ 12,703,596.86 $ 999.34 36157BAR1
S $ 106,684,474.36 $ 104,826,518.79 $ 982.58 GEC00002S
M $ 5,895,000.00 $ 5,891,103.17 $ 999.34 36157BAT7
B1 $ 2,105,000.00 $ 2,103,608.51 $ 999.34 36157BAU4
B2 $ 1,894,000.00 $ 1,892,747.99 $ 999.34 36157BAV2
B3 $ 842,000.00 $ 841,443.40 $ 999.34 36157BAW0
B4 $ 491,000.00 $ 490,675.43 $ 999.34 36157BAX8
B5 $ 702,788.61 $ 702,324.04 $ 999.34 36157BAY6
R $ 100.00 $ 0.00 $ 0.00 36157BAS9
D. The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the
month preceding the related Determination Date, were delinquent:
1. 30-59 days
Number 20 Principal Balance $ 2,355,099.78
-------- -------------
2. 60-89 days
Number 0 Principal Balance $ 0.00
-------- -------------
3. 90 days or more
Number 0 Principal Balance $ 0.00
-------- -------------
4. In Foreclosure
Number 0 Principal Balance $ 0.00
-------- -------------
5. Real Estate Owned
Number 0 Principal Balance $ 0.00
-------- -------------
6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
----------
E. Other Information:
1. Special Hazard Loss Amount: $ 1,996,611.00
-------------
2. Bankruptcy Loss Amount: $ 135,000.00
-------------
3. Fraud Loss Amount: $ 2,806,815.00
-------------
4. Certificate Interest Rate of the Class S Certificate: %0.00000000
-----------
*It has been the Company's experience that, with respect to the first
Distribution Date after the closing of a securitization containing a large
number of recently originated or acquired Mortgage Loans, the number of Mortgage
Loans 30-59 days delinquent may be inflated due to the borrowers sending monthly
payments to the wrong location or delays by the Company in inputting the
Mortgage Loans on its servicing system. It has also been the Company's
experience that for the majority of such Mortgage Loans the routing of
borrowers' monthly payments has corrected itself by the second Distribution
Date. However, the Company makes no assurances as to the level of delinquent
Mortgage Loans for future Distribution Dates.
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