GE CAPITAL MORTGAGE SERVICES INC
8-K, EX-99.2, 2001-01-05
ASSET-BACKED SECURITIES
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                                                                   Exhibit 99.02

                       GE CAPITAL MORTGAGE SERVICES, INC.
                           DISTRIBUTION DATE STATEMENT
                                 December, 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                        %                 7.994699
                                                       ------------------------
     Weighted average maturity                                          344.41
                                                       ------------------------

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   $   4.21464900  $   3.40499928  $  0.00000000   %0.00000000
     A1   $  15.12446673  $  14.19970310  $  5.80497148   %7.49999997
     A2   $   0.00000000  $   0.00000000  $  6.25000000   %7.50000000
     A3   $  22.75365670  $  21.36241755  $  5.58048719   %7.50000013
     A4   $   0.00000000  $   0.00000000  $  6.25000000   %7.50000000
     A5   $   0.00000000  $   0.00000000  $  6.25000000   %7.50000000
     A6   $  25.19907128  $  23.65831050  $  5.50853241   %7.50000026
     A7   $   0.00000000  $   0.00000000  $  6.25000000   %7.50000000
     A8   $   1.66300538  $   1.56132353  $  6.14954753   %7.50000006
     A9   $   0.00000000  $   0.00000000  $  6.65179626   %7.49999979
     S    $   0.00000000  $   0.00000000  $  0.31988383   %0.40731124
     M    $   0.77108991  $   0.00000000  $  6.20382342   %7.49999929
     B1   $   0.77108905  $   0.00000000  $  6.20382371   %7.49999964
     B2   $   0.77108896  $   0.00000000  $  6.20382413   %7.50000015
     B3   $   0.77108839  $   0.00000000  $  6.20382761   %7.50000436
     B4   $   0.77109407  $   0.00000000  $  6.20382413   %7.50000015
     B5   $   0.77108928  $   0.00000000  $  6.20382605   %7.50000247
     R    $   0.00000000  $   0.00000000  $  0.00000000   %0.00000000

     2.        Unanticipated Recoveries:                 $                 0.00
                                                                 ---------------

B.       Accrual Amount
      1.
                         Accrual Amount
    Class
     A9                $     49,103.56

        2.     The amount of  servicing  compensation  received  by the  Company
               during the month preceding the month of distribution:
                                                              $       78,395.44
                                                                    ------------

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

        1.     The Pool Scheduled Principal Balance:          $  365,164,162.54
                                                                 ---------------

        2.     The aggregate number of Mortgage Loans included in the Pool
               Scheduled Principal Balance set forth above:               1,218
                                                                 ---------------
        3.
     Beginning Aggregate Class   Ending Aggregate        Ending
       Certificate Principal    Class Certificate  Single Certificate
Class         Balance           Principal Balance        Balance         Cusip
-----         -------           -----------------        -------         -----
PO   $            3,207,661.73  $    3,192,286.91  $           875.09  GEC0001PO
A1   $          206,811,165.53  $  203,443,461.01  $           913.67  36157BAA8
A2   $           40,000,000.00  $   40,000,000.00  $         1,000.00  36157BAB6
A3   $           20,874,593.23  $   20,342,635.48  $           870.12  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   $           19,103,589.74  $   18,557,399.87  $           856.17  36157BAF7
A7   $           14,438,000.00  $   14,438,000.00  $         1,000.00  36157BAG5
A8   $           29,052,430.18  $   29,003,326.61  $           982.26  36157BAH3
A9   $            7,856,569.82  $    7,905,673.39  $         1,070.94  36157BAJ9
S    $          276,702,376.89  $  272,642,809.53  $           928.60  GEC00001S
M    $            7,959,754.35  $    7,953,570.99  $           991.84  36157BAL4
B1   $            3,299,441.76  $    3,296,878.66  $           991.84  36157BAM2
B2   $            1,941,548.76  $    1,940,040.51  $           991.84  36157BAN0
B3   $            1,358,885.61  $    1,357,829.99  $           991.84  36157BAZ3
B4   $              970,774.38  $      970,020.25  $           991.84  36157BBA7
B5   $              970,793.28  $      970,039.14  $           991.84  36157BBB5
R    $                    0.00  $            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            11       Principal Balance     $    3,270,723.39
                               --------                            -------------
        2.   60-89 days
             Number            2        Principal Balance     $      520,761.97
                               --------                            -------------
        3.   90 days or more
             Number            2        Principal Balance     $      552,285.36
                               --------                            -------------
        4.   In Foreclosure
             Number            7        Principal Balance     $    1,732,051.94
                               --------                            -------------
        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
                                                                     -----------


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