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Previous: GE CAPITAL MORTGAGE SERVICES INC, 8-K, EX-99.24, 2000-12-06 |
Next: GE CAPITAL MORTGAGE SERVICES INC, 8-K, EX-99.26, 2000-12-06 |
Exhibit 99.25
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
November, 2000
Series 2000-13, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of October 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 $ 439,026.10
--------------
(b) Interest $ 3,278,801.87
--------------
(c) Total $ 3,717,827.97
--------------
2. Aggregate scheduled Monthly Payments received this month:
(a) Principal $ 159,520.23
--------------
(b) Interest $ 1,450,800.11
--------------
(c) Total $ 1,610,320.34
--------------
3. Aggregate Monthly Advances this month:
(a) Principal $ 279,505.87
--------------
(b) Interest $ 1,828,001.76
--------------
(c) Total $ 2,107,507.63
--------------
4. Aggregate Principal Prepayments in part received in the
applicable Prepayment Period:
(a) Principal $ 96,884.54
--------------
5. Aggregate Principal Prepayments in full received in the
applicable Prepayment Period:
(a) Principal $ 8,767,400.65
--------------
(b) Interest $ 39,327.26
--------------
(c) Total $ 8,806,727.91
--------------
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: $ 460,683,308.17
---------------
13. Available Funds: $ 12,541,621.14
---------------
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: $ 1,789.24
--------------
18. Total interest payments: $ 3,238,309.86
--------------
19. Interest
Unpaid Class
Accrued Certificate Interest Shortfalls Interest
Class Interest Payable Pay-out Rate
----- -------- ------------------- ------- ------------
IPO $ 0.00 $ 0.00 $ 0.00 %0.000000000
IIPO $ 0.00 $ 0.00 $ 0.00 %0.000000000
A1 $ 1,826,018.75 $ 0.00 $ 1,826,018.75 %7.500000000
A2 $ 28,781.85 $ 0.00 $ 0.00 %7.500000000
A3 $ 68,750.00 $ 0.00 $ 0.00 %7.500000000
A5 $ 207,000.00 $ 0.00 $ 207,000.00 %7.200000000
A4 $ 1,725.00 $ 0.00 $ 1,725.00 %0.060000000
A6 $ 34,592.00 $ 0.00 $ 34,592.00 %7.520000000
A7 $ 6,808.00 $ 0.00 $ 6,808.00 %1.480000000
A8 $ 253,937.50 $ 0.00 $ 253,937.50 %7.500000000
IIA $ 365,368.96 $ 0.00 $ 365,368.96 %7.250000041
IS $ 284,162.23 $ 0.00 $ 284,162.23 %0.862550903
IIS $ 36,888.64 $ 0.00 $ 36,888.64 %0.793814246
IR $ 0.31 $ 0.00 $ 0.31 %7.440000000
IRL $ 0.31 $ 0.00 $ 0.31 %7.440000000
M $ 58,472.19 $ 0.00 $ 58,472.19 %7.466123431
B1 $ 24,862.19 $ 0.00 $ 24,862.19 %7.466123123
B2 $ 13,152.82 $ 0.00 $ 13,152.82 %7.466122990
B3 $ 10,234.81 $ 0.00 $ 10,234.81 %7.466122796
B4 $ 7,310.58 $ 0.00 $ 7,310.58 %7.466124255
B5 $ 10,243.72 $ 0.00 $ 10,243.72 %7.466119933
20. Principal Distribution Amount: $ 9,303,311.28
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21. Principal Distribution Amount per Certificate:
Principal Distribution Accrual Amount
---------------------- --------------
Class IPO $ 624.61 $ 0.00
Class IIPO $ 3,736.83 $ 0.00
Class A1 $ 8,343,766.41 $ 0.00
Class A2 $ 0.00 $ 28,781.85
Class A3 $ 0.00 $ 68,750.00
Class A5 $ 0.00 $ 0.00
Class A4 $ 0.00 $ 0.00
Class A6 $ 0.00 $ 0.00
Class A7 $ 0.00 $ 0.00
Class A8 $ 0.00 $ 0.00
Class IIA $ 1,033,980.17 $ 0.00
Class IS $ 0.00 $ 0.00
Class IIS $ 0.00 $ 0.00
Class IR $ 50.00 $ 0.00
Class IRL $ 50.00 $ 0.00
Class M $ 8,767.85 $ 0.00
Class B1 $ 3,728.06 $ 0.00
Class B2 $ 1,972.25 $ 0.00
Class B3 $ 1,534.70 $ 0.00
Class B4 $ 1,096.21 $ 0.00
Class B5 $ 1,536.04 $ 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 A6 % 7.52000000
Class A7 % 1.48000000
Class M % 7.46612343
Class B1 % 7.46612312
Class B2 % 7.46612299
Class B3 % 7.46612280
Class B4 % 7.46612426
Class B5 % 7.46611993
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: $ 31,386.44
-----------
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/ Robert Peterkin
----------------------------------
Robert Peterkin
Vice President
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