GE CAPITAL MORTGAGE SERVICES INC
8-K, EX-99.18, 2000-09-01
ASSET-BACKED SECURITIES
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                                                                   Exhibit 99.18

                       GE CAPITAL MORTGAGE SERVICES, INC.
                           DISTRIBUTION DATE STATEMENT
                                  August, 2000
           Series 2000-09, REMIC Multi-Class Pass-Through Certificates

Pursuant to the Pooling and  Servicing  Agreement  dated as of July 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                        %               8.502235
                                                      -----------------------
     Weighted average maturity                                        355.71
                                                      -----------------------

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   $   0.97881540     $    0.17306902  $ 0.00000000   %0.00000000
     A1   $  10.98009700     $   10.20575912  $ 6.45833331   %7.74999997
     A2   $   0.00000000     $    0.00000000  $ 6.45833321   %7.74999985
     A3   $   0.62753712     $    0.58328225  $ 6.45833326   %7.74999992
     A4   $  13.32474002     $   12.38505334  $ 6.45833332   %7.74999998
     A5   $   0.00000000     $    0.00000000  $ 6.45833351   %7.75000022
     A6   $   0.00000000     $    0.00000000  $ 6.45833500   %7.75000200
     S    $   0.00000000     $    0.00000000  $ 0.49784189   %0.59741026
     M    $   0.62753744     $    0.00000000  $ 6.45833333   %7.75000000
     B1   $   0.62753738     $    0.00000000  $ 6.45833333   %7.75000000
     B2   $   0.62753761     $    0.00000000  $ 6.45833729   %7.75000475
     B3   $   0.62753709     $    0.00000000  $ 6.45833828   %7.75000593
     B4   $   0.62754293     $    0.00000000  $ 6.45833554   %7.75000264
     B5   $   0.62753873     $    0.00000000  $ 6.45833765   %7.75000518
     R    $1000.00000000     $  929.50000000  $ 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:
                                                             $        15,999.57
                                                                   -------------

C. The amounts below are for the aggregate of all Certificates:

        1.     The Pool Scheduled Principal Balance:         $   250,505,768.83
                                                                 ---------------

        2.     The aggregate number of Mortgage Loans included in the Pool
               Scheduled Principal Balance set forth above:              725
                                                                 ------------
        3.
     Beginning Aggregate Class   Ending Aggregate        Ending
       Certificate Principal    Class Certificate  Single Certificate
Class         Balance           Principal Balance        Balance         Cusip
-----         -------           -----------------        -------         -----
PO   $              997,001.07  $      996,025.19  $           999.02  GEC0009PO
A1   $           77,939,000.00  $   77,083,222.22  $           989.02  36157NJU9
A2   $           22,968,290.00  $   22,968,290.00  $         1,000.00  36157NJV7
A3   $           24,092,264.00  $   24,077,145.21  $           999.37  36157NJW5
A4   $           95,525,000.00  $   94,252,154.21  $           986.68  36157NJX3
A5   $           18,398,000.00  $   18,398,000.00  $         1,000.00  36157NJY1
A6   $            2,000,000.00  $    2,000,000.00  $         1,000.00  36157NJZ8
S    $          220,551,731.24  $  218,428,777.00  $           990.37  GEC00009S
M    $            4,674,000.00  $    4,671,066.89  $           999.37  36157NKB9
B1   $            2,274,000.00  $    2,272,572.98  $           999.37  36157NKC7
B2   $            1,263,000.00  $    1,262,207.42  $           999.37  36157NKD5
B3   $            1,011,000.00  $    1,010,365.56  $           999.37  36157NKE3
B4   $              757,000.00  $      756,524.95  $           999.37  36157NKF0
B5   $              758,949.17  $      758,472.90  $           999.37  36157NKG8
R    $                  100.00  $            0.00  $             0.00  36157NKA1

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    $    2,707,981.20
                                --------                           -------------
        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:                     $            0.00
                                                                 ---------------

        2.    Bankruptcy Loss Amount:                         $            0.00
                                                                 ---------------

        3.    Fraud Loss Amount:                              $            0.00
                                                                 ---------------

        4.    Certificate Interest Rate of the Class S Certificate:% 0.00000000
                                                                     -----------

G.
                                              Rounding Amount
           Opening         Reimbursement        (Withdrawl)          Closing
Class      Balance             Amount                                Balance
-----      -------             ------         ---------------        -------
A6      $      999.99  $             0.00  $            0.00   $        999.99



*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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