COMPUTATIONAL MATERIALS DISCLAIMER
The attached tables and other statistical analyses (the "Computational
Materials") are privileged and intended for use by the addressee only. These
Computational Materials have been prepared by Greenwich Capital Markets, Inc.
in reliance upon information furnished by the issuer of the securities and its
affiliates. These Computational Materials are furnished to you solely by
Greenwich Capital Markets, Inc. and not by the issuer of the securities. They
may not be provided to any third party other than the addressee's legal, tax,
financial and/or accounting advisors for the purposes of evaluating said
material.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be reflected therein. As such, no assurance can be given as to
the Computational Materials' accuracy, appropriateness or completeness in any
particular context; nor as to whether the Computational Materials and/or the
assumptions upon which they are based reflect present market conditions or
future market performance. These Computational Materials should not be
construed as either projections or predictions or as legal, tax, financial or
accounting advice.
Any weighted average lives, yields and principal payment periods shown in the
Computational Materials are based on prepayments assumptions, and changes in
such prepayment assumptions may dramatically affect such weighted average
lives, yields and principal payment periods. In addition, it is possible that
prepayments on the underlying assets will occur at rates slower or faster than
the rates shown in the attached Computational Materials. Furthermore, unless
otherwise provided, the Computational Materials assume no losses on the
underlying assets and no interest shortfall. The specific characteristics of
the securities may differ from those shown in the Computational Materials due
to differences between the actual underlying assets and the hypothetical
underlying assets used in preparing the Computational Materials. The principal
amount and designation of any security described in the Computational
Materials are subject to change prior to issuance. Neither Greenwich Capital
Markets, Inc. nor any of its affiliates makes any representation or warranty
as to the actual rate or timing of payments on any of the underlying assets or
the payments or yield on the securities.
Although a registration statement (including the Prospectus) relating to the
securities discussed in this communication has been filed with the Securities
and Exchange Commission and is effective, the final prospectus supplement
relating to the securities discussed in this communication has not been filed
with Securities and Exchange Commission. This communication shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the securities discussed in this communication in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification of such securities under the securities laws of
any such state. Prospective purchasers are referred to the final prospectus
supplement relating to the securities discussed in this communication for
definitive Computational Materials and any matter discussed in this
communication. Once available, a final prospectus and prospectus supplement
may be obtained by contacting the Greenwich Capital Markets, Inc. Trading Desk
at (203) 625-6160.
The attached information will be superseded by the Prospectus.
Please be advised that the securities described herein may not be appropriate
for all investors. Potential investors must be willing to assume, among other
things, market price volatility, prepayment, yield curve and interest rate
risks. Investors should make every effort to consider the risks of these
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If you have received this communication in error, please notify the sending
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<PAGE>
intex_file.txt
ZHVML002.CDI WHOLE_LOAN PORTFOLIO #CMOVER_2.3B
!
! The information contained in this file is subject to the disclaimers which !
have been provided at the same time this file was sent to you. Please refer !
to such disclaimers.
!
!
!
!
!
<TABLE>
<CAPTION>
<S> <C>
ifdef #cmover_2.3a5 _
FULL_DEALNAME: HARBORVIEW MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2000-2
TRUSTEE_DEAL:
SERVICER_MASTER:
SERVICER_SUB:
!
ISSUER: HARBORVIEW
DEALER: GREENWICH CAPITAL, COUNTRYWIDE SECURITIES CORP.,
DEAL SIZE: $372493790.75
PRICING SPEED: CPR 18%
! ISSUE DATE: 20001201
SETTLEMENT DATE: 20001218
OPTIONAL REDEMPTION: 10%
!
COLLAT_GROUPS "1" "2"
!
Record date delay: 24
!
ifdef #CMOVER_2.2c2 _
SERVICER_ADVANCE LIKELY
!
DEFINE DYNAMIC #CollIndex = (COLL_PREV_BAL("2") * (LIBOR_6MO+1.1) + COLL_PREV_BAL("1") *
(CMT_1YR+2.25)) _
/ COLL_PREV_BAL
DEFINE DYNAMIC #RollDate = CURDATE GT 20050919
DEFINE DYNAMIC #PassThru1 = IF #RollDate THEN #CollIndex ELSE 6.97
DEFINE DYNAMIC #PassThru2 = IF #RollDate THEN #CollIndex ELSE 6.98
DEFINE DYNAMIC #PassThru3 = IF #RollDate THEN #CollIndex ELSE 7.135
!
TOLERANCE WRITEDOWN_0LOSS 1.0
!
TRUSTEE_FEE 0.00
!
!
Tranche "A1" SEN_FIX
Block $ 183000000 AT 6.97 FLOAT _
Delay 18 Dated 20001201 Next 20010119
( #PassThru1 );
0.00 9999.
!
Tranche "A2" SEN_FIX
Block $ 50437000.00 AT 6.98 FLOAT
( #PassThru2 );
0.00 9999.
!
Tranche "A3" SEN_FIX
Block $ 119500000.00 AT 7.135 FLOAT
( #PassThru3 );
0.00 9999.
!
Tranche "AR" SEN_FIX
Block $ 100.00 AT 7.8621028
!
Tranche "B1" JUN_WAC
Block $ 9312000.00 AT 7.8621028 FLOAT
( COLL_NETRATE );
0.00 9999.
!
Tranche "B2" JUN_FIX
Block $ 2793000.00 AT 7.8621028 FLOAT
( COLL_NETRATE );
0.00 9999.
!
Tranche "B3" JUN_FIX
Block $ 2607000.00 AT 7.8621028 FLOAT
( COLL_NETRATE );
0.00 9999.
!
Tranche "B4" JUN_FIX
Block $ 2048000.00 AT 7.8621028 FLOAT
( COLL_NETRATE );
0.00 9999.
!
Tranche "B5" JUN_FIX
Block $ 1303000.00 AT 7.8621028 FLOAT
( COLL_NETRATE );
0.00 9999.
!
Tranche "B6" JUN_FIX
Block $ 1493690.75 AT 7.8621028 FLOAT
( COLL_NETRATE );
0.00 9999.
!
!
!
define dynamic #wavgpass = _
OPTIMAL_INTPMT("A1","A2","A3","AR","B1","B2","B3","B4","B5","B6")_
/DBAL * 1200
!
Tranche "X" SEN_NTL_FLT
Block $ 372493790.75 FLOAT NOTIONAL WITH DEAL
( (COLL_I - OPTIMAL_INTPMT("A1","AR","A2","A3","B1","B2","B3","B4","B5","B6"))/DBAL *
1200 )
0.00 9999.00!
!
CLASS "SENIOR" = "A1" "A2" "A3" "AR" "X"
!
CLASS "B1" = "B1"
CLASS "B2" = "B2"
CLASS "B3" = "B3"
CLASS "B4" = "B4"
CLASS "B5" = "B5"
CLASS "B6" = "B6"
!
CLASS "SUB" = "B1" "B2" "B3" "B4" "B5" "B6"
!
CLASS "ROOT" PRORATA_INTSHORT_BASE ACCRUAL _
SHORTFALL_PAYBACK ALLOCATION TRUE _
= "SENIOR" "SUB"
!
CROSSOVER When BBAL("SUB") <= .01
!
SPECIAL_HAZARD TERMINATION When HAZARD_LOSS_ACCUM > 12793688.00
FRAUD TERMINATION When FRAUD_LOSS_ACCUM > 10867059.00
BANKRUPTCY TERMINATION When BANKRUPT_LOSS_ACCUM > 200000.00
!
INTEREST_SHORTFALL FULL_PREPAY Compensate PCT .25 Pro_rata _
PARTIAL_PREPAY Compensate PCT .25 Pro_rata _
LOSS NO_Compensate Subordinated Accum
!
Tranche CUSIP STATED MATURITY
A1 585525CT3 20290725
A2 585525CU0 20290725
A3 585525CV8 20290725
X 585525CW6 20290725
AR 585525CX4 20290725
B1 585525CY2 20290725
B2 585525CZ9 20290725
B3 585525DA3 20290725
B4 585525DB1 20290725
B5 585525DC9 20290725
B6 585525DD7 20290725
!
ifdef #CMOVER_2.3a6 _
TRANCHE MISCINFO
ALL_TRANCHES RECORD_DATE PREV_MONTH LASTDAY
!
DEFINE DYNAMIC #PRICE = 100% * BBAL("A1","A2","A3","AR","B1","B2","B3","B4","B5","B6")
!
OPTIONAL REDEMPTION: "SENIOR_CALL" _
DATE 20050919 _
PRICE_P (#PRICE); _
DISTR_P RULES "PUTPRN"
!
CMO Block Payment Rules
------------------------------------
!
calculate: #SNRCHECK = DBAL_PCT ("SENIOR")
calculate: #SNRORIG = ORIG_BBAL ("SENIOR")/ORIG_DBAL
!
calculate: #SubPct = 100 * BBAL("SUB")/COLL_PREV_BAL
calculate: #OrigSubPct = 100 * ORIG_BBAL("SUB")/ORIG_DBAL
!
calculate: #TwoTimesTest = AVG_DELINQ_BAL(2,6) < 50% * BBAL("SUB") and _
#SubPct >= 2 * #OrigSubPct and _
DELINQ_LOSS_ACCUM <= 30% * ORIG_BBAL("SUB")
!
calculate: #PotShftPct = IF #TwoTimesTest AND CURDATE LT 20031215 THEN 50 _
ELSE IF #TwoTimesTest THEN 0 _
ELSE SHIFT% * 100
!
calculate: #SenPct = DBAL_PCT ("SENIOR") + _
IF CURDATE LT 20110119 THEN DBAL_PCT ("SUB")*#PotShftPct/100 _
ELSE 0
!
!
calculate: #SenPrep = IF #SenPct GT 100 * ORIG_BBAL("SENIOR")/ORIG_BBAL("SENIOR","SUB"
) _
THEN 100.0
_
ELSE DBAL_PCT ("SENIOR") + ( DBAL_PCT("SUB") * #PotShftPct/100 )
; _
Reduce_SHIFT%_when _
AVG_DELINQ_BAL(2,6) < 50% * BBAL("SUB") and _
DELINQ_LOSS_ACCUM <= SHIFTR% * ORIG_BBAL("SUB");
!
!
!
calculate: #SenRecv = MIN(#SenPct/100 * DELINQ_LIQUIDATE , _
#SenPrep/100 * DELINQ_RECOVER )
!
calculate: "SENIOR"_
SCHEDULED Percent LIMIT V0 = #SenPct ; _
PREPAY Percent LIMIT V1 = #SenPrep ; _
RECOVER Amount LIMIT V2 = #SenRecv
!
calculate: #SubSch = ( 100 - V0 )
calculate: #SubPrep = ( 100 - V1 )
calculate: #SubRecv = MAX( 0 , DELINQ_RECOVER - V2 )
!
calculate: "B1" _
SCHEDULED Percent = #SubSch * SHARE("B1"), _
PREPAY Percent = #SubPrep * SUB_SHARE("B1"), _
RECOVER Amount = #SubRecv * SHARE("B1")
!
calculate: "B2" _
SCHEDULED Percent = #SubSch * SHARE("B2"), _
PREPAY Percent = #SubPrep * SUB_SHARE("B2"), _
RECOVER Amount = #SubRecv * SHARE("B2")
!
calculate: "B3" _
SCHEDULED Percent = #SubSch * SHARE("B3"), _
PREPAY Percent = #SubPrep * SUB_SHARE("B3"), _
RECOVER Amount = #SubRecv * SHARE("B3")
!
calculate: "B4" _
SCHEDULED Percent = #SubSch * SHARE("B4"), _
PREPAY Percent = #SubPrep * SUB_SHARE("B4"), _
RECOVER Amount = #SubRecv * SHARE("B4")
!
calculate: "B5" _
SCHEDULED Percent = #SubSch * SHARE("B5"), _
PREPAY Percent = #SubPrep * SUB_SHARE("B5"), _
RECOVER Amount = #SubRecv * SHARE("B5")
!
calculate: "B6" _
SCHEDULED Percent = #SubSch * SHARE("B6"), _
PREPAY Percent = #SubPrep * SUB_SHARE("B6"), _
RECOVER Amount = #SubRecv * SHARE("B6")
!
!
------------------------------------
when : DATE ( GE CROSSOVER )
pay : SEQUENTIAL ( "AR" )
pay : PRO_RATA ( "A1"; "A2"; "A3" )
goto : END_OF_RULES
------------------------------------
!
------------------------------------
pay : SEQUENTIAL ( "AR" )
------------------------------------
pay : SEQUENTIAL ( "A1", "A2", "A3")
------------------------------------
------------- SECTION: "PUTPRN"
from : CASH_ACCOUNT ( 100 )
subject to : CEILING ( ( 100% * BBAL("A1","A2","A3","AR","B1","B2","B3","B4","B5","B6")
))
pay : PRO_RATA ("A1";"A2";"A3";"AR";"B1";"B2";"B3";"B4";"B5";"B6")
------------------------------------
!
!
Schedule "SHIFT%"
Declare
120 100%
132 70%
144 60%
156 40%
168 20%
180 0%
!
Schedule "SHIFTR%"
Declare
120 0%
132 30%
144 35%
156 40%
168 45%
180 50%
!
!
INITIAL INDEX LIBOR_6MO 6.6
INITIAL INDEX CMT_1YR 5.92
!
!
!Collateral
!
! Factor ---Delay---
! Type Date P/Y BV Use BV for 0% PSA
WL 20001201 45 44 FALSE
!
! Pool # Type Gross Current Original ---Fee--- Maturity Orig ARM
Gross #mos #mos P#mos P#mos Life Reset Life Max Loo
k
! Coupon Factor Balance P/Y BV P/Y BV Term Index
Margin ToRst RstPer ToRst RstPer Cap Cap Floor Negam Ba
ck
M 000001 WL 00 WAC 8.26266 1.0 97812375.39 0.25850 0.25850 357 357 360
ARM CMT_1YR 2.75063 58 12 SYNC_INT 13.46510 (IF LOAN ("TEASER") THE
N 5.00117 ELSE 2.000); 0.0 0.0 45 TEASER NO_CHECK
GROUP "1"
M 000002 WL 00 WAC 7.00000 1.0 241939.71 0.38350 0.38350 350 350 360
ARM CMT_1YR 2.75000 51 12 SYNC_INT 12.00000 (IF LOAN ("TEASER") THE
N 6 ELSE 2.000); 0.0 0.0 45 TEASER NO_CHECK GR
OUP "1"
M 000003 WL 00 WAC 8.16324 1.0 231928127.06 0.38350 0.38350 357 357 360
ARM CMT_1YR 2.75682 58 12 SYNC_INT 13.16963 (IF LOAN ("TEASER") THE
N 5 ELSE 2.000); 0.0 0.0 45 TEASER NO_CHECK GROUP "1
"
M 000004 WL 00 WAC 8.40744 1.0 35498773.35 0.38350 0.38350 357 357 360
ARM LIBOR_6MO 2.00000 58 6 SYNC_INT 14.41496 (IF LOAN ("TEASER") THE
N 6 ELSE 99.000); 0.0 0.0 45 TEASER NO_CHECK AMORT NONE FOR 60 GR
OUP "2"
M 000005 WL 00 WAC 7.87500 1.0 195868.82 0.49150 0.49150 344 344 360
ARM CMT_1YR 2.75000 69 12 SYNC_INT 13.87500 (IF LOAN ("TEASER") THE
N 6 ELSE 2.000); 0.0 0.0 45 TEASER NO_CHECK GR
OUP "1"
M 000006 WL 00 WAC 8.33268 1.0 6816706.42 0.49150 0.49150 355 355 360
ARM LIBOR_6MO 2.00000 80 6 SYNC_INT 14.33268 (IF LOAN ("TEASER") THE
N 6 ELSE 99.000); 0.0 0.0 45 TEASER NO_CHECK AMORT NONE FOR 84 GR
OUP "2"
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
HARBORVIEW MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2000-2, Class A1--Price/Yield
CUSIP Face
Coupon 585525CT3 Original Balance
Delay 6.97 Current Balance
Stated Maturity 18 Factor
Type 07/25/2029
YIELD CURVE: Spread off interpolated node SEN FIX
3MO=3, 6MO=4, 1YR=5, 2YR=6, 5YR=7, 10YR=8, 30YR=9
<S> <C> <C>
Price 12CPR; intrates: libor_6mo=6.6 cmt_1yr=5.92 15CPR; intrates: libor_6mo=6.6 cmt_1yr=5.92
Yield
100.0000 6.8967 6.8558
WAL 2.25 1.81
Mod Durn 1.968 1.611
Principal Window Jan01 to Dec05 Jan01 to Dec04
Maturity #mos 60 48
Prepay At 12 CPR At 15 CPR
Delinquency Rate
Optional Redemption Calls ASAP (N) Calls ASAP (N)
LIBOR_6MO 6.6 6.6
CMT_1YR 5.92 5.92
$183,000,000.00 Settle at Pricing
$183,000,000.00 Accrual begins
$183,000,000.00 Factor Date
1
<S> <C> <C>
Price 18CPR; intrates: libor_6mo=6.6 cmt_1yr=5.92 22CPR; intrates: libor_6mo=6.6 cmt_1yr=5.92
100.0000 6.8155 6.7600
WAL 1.50 1.22
Mod Durn 1.358 1.117
Principal Window Jan01 to Apr04 Jan01 to Aug03
Maturity #mos 40 32
Prepay At 18 CPR At 22 CPR
Delinquency Rate
Optional Redemption Calls ASAP (N) Calls ASAP (N)
LIBOR_6MO 6.6 6.6
CMT_1YR 5.92 5.92
12/01/2000
N/A
<S> <C> <C>
Price 30CPR; intrates: libor_6mo=6.6 cmt_1yr=5.92 35CPR; intrates: libor_6mo=6.6 cmt_1yr=5.92
100.0000 6.6424 6.5640
WAL 0.87 0.73
Mod Durn 0.811 0.686
Principal Window Jan01 to Nov02 Jan01 to Jul02
Maturity #mos 23 19
Prepay At 30 CPR At 35 CPR
Delinquency Rate
Optional Redemption Calls ASAP (N) Calls ASAP (N)
LIBOR_6MO 6.6 6.6
CMT_1YR 5.92 5.92
<S> <C>
Price 40CPR; intrates: libor_6mo=6.6 cmt_1yr=5.92
100.0000 6.4812
WAL 0.62
Mod Durn 0.590
Principal Window Jan01 to Apr02
Maturity #mos 16
Prepay At 40 CPR
Delinquency Rate
Optional Redemption Calls ASAP (N)
LIBOR_6MO 6.6
CMT_1YR 5.92
Generated by Intex Trader 12/07/2000 2:34 PM
Information provided herein is believed by INTEX to be accurate; however INTEX cannot guarantee accuracy.
</TABLE>
