- ------------------------------------------------------------------------------
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): March 15, 2000
GREENWICH CAPITAL ACCEPTANCE, INC.
----------------------------------
(Exact name of registrant as specified in its charter)
Delaware 333-90547 06-1199884
- ------------------------------- --------------- -------------------
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
600 Steamboat Road
Greenwich, Connecticut 06830
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (203) 622-2700
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<PAGE>
Item 5. Other Events.
- ---- ------------
Filing of Collateral Term Sheet
- -------------------------------
In connection with the proposed offering of the Mortgage Loan
Pass-Through Certificates, Series 2000-FRB1, Greenwich Capital Markets, Inc.
(the "Underwriter") has prepared certain materials (the "Collateral Term
Sheets") for distribution to their potential investors. Although Greenwich
Capital Acceptance, Inc. (the "Company") provided the Underwriter with certain
information regarding the characteristics of the mortgage loans in the related
portfolio, the Company did not participate in the preparation of the
Collateral Term Sheets.
The Collateral Term Sheets are attached hereto as Exhibit 99.1. These
Collateral Term Sheets supersede any prior collateral information which may
have been previously filed with the Securities and Exchange Commission.
<PAGE>
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
------------------------
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 Collateral Term Sheet.
<PAGE>
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 hereunto duly authorized.
GREENWICH CAPITAL ACCEPTANCE, INC.
By: /s/John Paul Graham
-----------------------------------
Name: John Paul Graham
Title: Vice President
Dated: March 17, 2000
<PAGE>
Exhibit Index
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Exhibit Page
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99.1 Collateral Term Sheet
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.
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
securities.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
<TABLE>
<CAPTION>
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
FIRST REPUBLIC : LIBOR/PRIME/CMT LOANS
Group I Mortgage Loans
As of Statistical Cut-off Date
<S> <C> <C> <C>
TOTAL CURRENT BALANCE: $ 120,745,995.00
NUMBER OF LOANS: 149
AVERAGE CURRENT BALANCE: $ 810,375.81 RANGE: $ 40,000.00 - $ 3,000,000.00
AVERAGE ORIGINAL BALANCE: $ 838,156.88 RANGE: $ 40,000.00 - $ 3,000,000.00
WEIGHTED AVERAGE NOTE RATE: 7.540 % RANGE: 5.100 - 9.750 %
WEIGHTED AVERAGE GROSS MARGIN: 1.723 % RANGE: -0.500 - 3.250 %
WEIGHTED AVERAGE MAX INT RATE: 11.989 % RANGE: 10.250 - 18.000 %
WEIGHTED AVERAGE PERIOD RATE CAP: 2.00 % RANGE: 0.00 - 2.00 %
WEIGHTED AVERAGE FICO SCORE: 734 RANGE: 0 - 800
WEIGHTED AVERAGE ORIGINAL LTV: 61.27 % RANGE: 5.00 - 95.30 %
WEIGHTED AVERAGE NEXT RATE RESET: 4.41 months RANGE: 1.00 - 13.00 months
WEIGHTED AVERAGE ORIGINAL TERM: 356 months RANGE: 180 - 360 months
WEIGHTED AVERAGE STATED REMAINING TERM: 334 months RANGE: 173 - 360 months
WEIGHTED AVERAGE SEASONING: 22 months RANGE: 0 - 75 months
TOP STATE CONCENTRATIONS ($): 82.94 % California, 6.90 % New York, 2.82 % Colorado
MAXIMUM ZIP CODE CONCENTRATION ($): 8.76 % 94109 (San Francisco, CA)
FIRST PAY DATE: Jan 01, 1994 - Apr 01, 2000
MATURITY DATE: Aug 01, 2014 - Mar 01, 2030
</TABLE>
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
<S> <C> <C> <C> <C> <C> <C>
INDEX: 1 Mo LIBOR 8,627,200.00 7.14 9 6.04
1YR CMT 23,999,282.00 19.88 42 28.19
6 Mo LIBOR 74,796,579.00 61.95 88 59.06
BOA Prime 13,322,934.00 11.03 10 6.71
DOCUMENTATION: Full 120,745,995.00 100.00 149 100.00
DELINQUENCY: Current 120,745,995.00 100.00 149 100.00
The information contained herein has been prepared solely for the use of Greenwich Capital Markets, Inc. and has
not been independently verified by Greenwich Capital Markets, Inc. Accordingly, Greenwich Capital Markets, Inc.
makes no express or implied representations or warranties of any kind and expressly disclaims all liability for
any use or misuse of the contents hereof. Greenwich Capital Markets, Inc. assumes no responsibility for the
accuracy of any material contained herein.
The information contained herein will be superseded by the description of the mortgage loans contained in the prospectus
supplement. Such information supersedes the information in all prior collateral term sheets, if any.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
<S> <C> <C> <C> <C> <C>
CURRENT BALANCE: 40,000.00 - 100,000.00 206,730.00 0.17 3 2.01
100,000.01 - 200,000.00 2,360,433.00 1.95 15 10.07
200,000.01 - 300,000.00 4,080,354.00 3.38 16 10.74
300,000.01 - 400,000.00 3,236,243.00 2.68 9 6.04
400,000.01 - 500,000.00 4,598,456.00 3.81 10 6.71
500,000.01 - 600,000.00 5,458,454.00 4.52 10 6.71
600,000.01 - 700,000.00 9,960,423.00 8.25 15 10.07
700,000.01 - 800,000.00 6,864,500.00 5.69 9 6.04
800,000.01 - 900,000.00 5,241,248.00 4.34 6 4.03
900,000.01 - 1,000,000.00 17,419,296.00 14.43 18 12.08
1,000,000.01 - 1,100,000.00 14,149,945.00 11.72 13 8.72
1,100,000.01 - 1,200,000.00 2,340,000.00 1.94 2 1.34
1,200,000.01 - 1,300,000.00 2,473,371.00 2.05 2 1.34
1,300,000.01 - 1,400,000.00 1,311,025.00 1.09 1 0.67
1,400,000.01 - 1,500,000.00 4,478,616.00 3.71 3 2.01
1,700,000.01 - 1,800,000.00 5,260,000.00 4.36 3 2.01
1,800,000.01 - 1,900,000.00 3,742,751.00 3.10 2 1.34
1,900,000.01 - 2,000,000.00 9,874,354.00 8.18 5 3.36
2,000,000.01 - 2,100,000.00 4,200,000.00 3.48 2 1.34
2,100,000.01 - 2,200,000.00 2,200,000.00 1.82 1 0.67
2,200,000.01 - 2,300,000.00 2,289,796.00 1.90 1 0.67
2,900,000.01 - 3,000,000.00 9,000,000.00 7.45 3 2.01
NOTE RATE: 5.100 - 5.250 1,096,091.00 0.91 1 0.67
5.251 - 5.500 4,809,263.00 3.98 6 4.03
5.501 - 5.750 3,112,889.00 2.58 3 2.01
5.751 - 6.000 3,342,843.00 2.77 5 3.36
6.001 - 6.250 1,135,501.00 0.94 2 1.34
6.251 - 6.500 4,720,878.00 3.91 6 4.03
6.501 - 6.750 3,146,626.00 2.61 4 2.68
6.751 - 7.000 8,016,546.00 6.64 11 7.38
7.001 - 7.250 4,049,597.00 3.35 8 5.37
7.251 - 7.500 18,616,678.00 15.42 18 12.08
7.501 - 7.750 21,292,132.00 17.63 26 17.45
7.751 - 8.000 17,411,499.00 14.42 26 17.45
8.001 - 8.250 12,223,929.00 10.12 15 10.07
8.251 - 8.500 6,732,018.00 5.58 7 4.70
8.501 - 8.750 3,545,496.00 2.94 5 3.36
8.751 - 9.000 3,000,000.00 2.48 2 1.34
9.001 - 9.250 1,104,213.00 0.91 2 1.34
9.251 - 9.500 2,289,796.00 1.90 1 0.67
9.501 - 9.750 1,100,000.00 0.91 1 0.67
The information contained herein has been prepared solely for the use of Greenwich Capital Markets, Inc. and has
not been independently verified by Greenwich Capital Markets, Inc. Accordingly, Greenwich Capital Markets, Inc.
makes no express or implied representations or warranties of any kind and expressly disclaims all liability for
any use or misuse of the contents hereof. Greenwich Capital Markets, Inc. assumes no responsibility for the
accuracy of any material contained herein.
The information contained herein will be superseded by the description of the mortgage loans contained in the prospectus supplement.
Such information supersedes the information in all prior collateral term sheets, if any.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
<S> <C> <C> <C> <C> <C> <C>
GROSS MARGIN: <= 0.000 8,304,354.00 6.88 6 4.03
0.001 - 0.250 3,000,000.00 2.48 2 1.34
0.251 - 0.500 918,580.00 0.76 1 0.67
0.751 - 1.000 1,850,000.00 1.53 2 1.34
1.001 - 1.250 4,863,200.00 4.03 5 3.36
1.251 - 1.500 36,894,377.00 30.56 37 24.83
1.501 - 1.750 18,411,287.00 15.25 26 17.45
1.751 - 2.000 16,335,602.00 13.53 23 15.44
2.001 - 2.250 6,327,469.00 5.24 5 3.36
2.251 - 2.500 4,543,738.00 3.76 10 6.71
2.501 - 2.750 14,262,175.00 11.81 24 16.11
2.751 - 3.000 2,745,417.00 2.27 7 4.70
3.001 - 3.250 2,289,796.00 1.90 1 0.67
MAX INT RATE: 10.25 - 10.25 511,510.00 0.42 1 0.67
10.26 - 10.50 1,227,972.00 1.02 2 1.34
10.51 - 10.75 4,959,067.00 4.11 5 3.36
10.76 - 11.00 10,302,177.00 8.53 14 9.40
11.01 - 11.25 1,750,000.00 1.45 1 0.67
11.26 - 11.50 4,715,181.00 3.91 7 4.70
11.51 - 11.75 1,100,000.00 0.91 1 0.67
11.76 - 12.00 81,473,391.00 67.48 101 67.79
12.26 - 12.50 4,064,265.00 3.37 5 3.36
12.76 - 13.00 6,123,132.00 5.07 8 5.37
13.26 - 13.50 419,300.00 0.35 1 0.67
14.76 - 15.00 2,000,000.00 1.66 1 0.67
17.76 - 18.00 2,100,000.00 1.74 2 1.34
FICO SCORE: <= 0 8,408,612.00 6.96 6 4.03
551 - 600 1,598,569.00 1.32 2 1.34
601 - 650 709,503.00 0.59 2 1.34
651 - 700 28,274,801.00 23.42 31 20.81
701 - 750 29,198,293.00 24.18 44 29.53
751 - 800 52,556,217.00 43.53 64 42.95
The information contained herein has been prepared solely for the use of Greenwich Capital Markets, Inc. and has
not been independently verified by Greenwich Capital Markets, Inc. Accordingly, Greenwich Capital Markets, Inc.
makes no express or implied representations or warranties of any kind and expressly disclaims all liability for
any use or misuse of the contents hereof. Greenwich Capital Markets, Inc. assumes no responsibility for the
accuracy of any material contained herein.
The information contained herein will be superseded by the description of the mortgage loans contained in the prospectus
supplement. Such information supersedes the information in all prior collateral term sheets, if any.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
<S> <C> <C> <C> <C> <C> <C>
ORIGINAL LTV: 5.00 - 5.00 40,000.00 0.03 1 0.67
10.01 - 15.00 999,631.00 0.83 1 0.67
15.01 - 20.00 1,000,000.00 0.83 1 0.67
20.01 - 25.00 2,097,029.00 1.74 2 1.34
25.01 - 30.00 648,594.00 0.54 2 1.34
30.01 - 35.00 5,296,091.00 4.39 4 2.68
35.01 - 40.00 7,530,168.00 6.24 9 6.04
40.01 - 45.00 4,449,608.00 3.69 4 2.68
45.01 - 50.00 9,440,421.00 7.82 15 10.07
50.01 - 55.00 8,887,124.00 7.36 6 4.03
55.01 - 60.00 11,549,875.00 9.57 10 6.71
60.01 - 65.00 14,152,348.00 11.72 14 9.40
65.01 - 70.00 17,913,521.00 14.84 25 16.78
70.01 - 75.00 9,077,972.00 7.52 13 8.72
75.01 - 80.00 22,515,350.00 18.65 35 23.49
80.01 - 85.00 1,591,462.00 1.32 2 1.34
85.01 - 90.00 2,456,801.00 2.03 4 2.68
95.01 - 95.30 1,100,000.00 0.91 1 0.67
REMAINING TERM: 173 - 180 1,036,320.00 0.86 1 0.67
217 - 228 2,289,796.00 1.90 1 0.67
277 - 288 1,241,038.00 1.03 4 2.68
289 - 300 4,868,358.00 4.03 7 4.70
301 - 312 354,858.00 0.29 1 0.67
313 - 324 12,863,020.00 10.65 11 7.38
325 - 336 38,168,471.00 31.61 50 33.56
337 - 348 19,931,599.00 16.51 19 12.75
349 - 360 39,992,535.00 33.12 55 36.91
PREPAY PENALTY: No Prepayment Penalty 29,266,609.00 24.24 43 28.86
Special Payoff 3,643,128.00 3.02 2 1.34
With Prepayment Penalty 87,836,258.00 72.74 104 69.80
IO FLAG: Fully Amortizing 39,475,611.00 32.69 64 42.95
Interest Only 81,270,384.00 67.31 85 57.05
OCCUPANCY: Non-owner 12,490,966.00 10.34 21 14.09
Primary 96,390,425.00 79.83 111 74.50
Second Home 11,864,604.00 9.83 17 11.41
PROPERTY TYPE: Single Family 81,268,887.00 67.31 78 52.35
Condominium 14,672,351.00 12.15 30 20.13
Cooperative 13,544,320.00 11.22 25 16.78
PUD 7,498,468.00 6.21 10 6.71
2-4 Units 3,761,969.00 3.12 6 4.03
The information contained herein has been prepared solely for the use of Greenwich Capital Markets, Inc. and has
not been independently verified by Greenwich Capital Markets, Inc. Accordingly, Greenwich Capital Markets, Inc.
makes no express or implied representations or warranties of any kind and expressly disclaims all liability for
any use or misuse of the contents hereof. Greenwich Capital Markets, Inc. assumes no responsibility for the
accuracy of any material contained herein.
The information contained herein will be superseded by the description of the mortgage loans contained in the prospectus
supplement. Such information supersedes the information in all prior collateral term sheets, if any.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
<S> <C> <C> <C> <C> <C> <C>
LOAN PURPOSE: Cash Out Refinance 19,414,045.00 16.08 20 13.42
Purchase 86,519,266.00 71.65 114 76.51
Rate/Term Refinance 14,812,684.00 12.27 15 10.07
STATE: California 100,152,304.00 82.94 120 80.54
Colorado 3,411,025.00 2.82 3 2.01
Connecticut 3,097,029.00 2.56 2 1.34
Florida 449,597.00 0.37 1 0.67
Hawaii 760,000.00 0.63 2 1.34
Massachusetts 2,000,000.00 1.66 1 0.67
Nevada 700,000.00 0.58 1 0.67
New York 8,329,040.00 6.90 16 10.74
Texas 647,000.00 0.54 1 0.67
Utah 700,000.00 0.58 1 0.67
Wyoming 500,000.00 0.41 1 0.67
The information contained herein has been prepared solely for the use of Greenwich Capital Markets, Inc. and has
not been independently verified by Greenwich Capital Markets, Inc. Accordingly, Greenwich Capital Markets, Inc.
makes no express or implied representations or warranties of any kind and expressly disclaims all liability for
any use or misuse of the contents hereof. Greenwich Capital Markets, Inc. assumes no responsibility for the
accuracy of any material contained herein.
The information contained herein will be superseded by the description of the mortgage loans contained in the prospectus
supplement. Such information supersedes the information in all prior collateral term sheets, if any.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALL AMOUNTS SUBJECT TO CHANGE
PRELIMINARY INFORMATION SHEET
FIRST REPUBLIC : COFI LOANS
Group II Mortgage Loans
As of Statistical Cut-off Date
<S> <C> <C> <C> <C>
TOTAL CURRENT BALANCE: $ 173,615,720.00
NUMBER OF LOANS: 201
AVERAGE CURRENT BALANCE: $ 863,759.80 RANGE: $ 74,971.00 - $ 3,000,000.00
AVERAGE ORIGINAL BALANCE: $ 875,828.01 RANGE: $ 77,000.00 - $ 3,000,000.00
WEIGHTED AVERAGE NOTE RATE: 7.181 % RANGE: 2.800 - 7.875 %
WEIGHTED AVERAGE GROSS MARGIN: 2.352 % RANGE: 1.750 - 2.950 %
WEIGHTED AVERAGE MAX INT RATE: 10.413 % RANGE: 8.500 - 12.950 %
WEIGHTED AVERAGE PERIOD RATE CAP: 2.00 % RANGE: 0.00 - 2.00 %
WEIGHTED AVERAGE FICO SCORE: 736 RANGE: 655 - 813
WEIGHTED AVERAGE ORIGINAL LTV: 67.51 % RANGE: 16.50 - 100.00 %
WEIGHTED AVERAGE NEXT RATE RESET: 1.36 months RANGE: 1.00 - 7.00 months
WEIGHTED AVERAGE ORIGINAL TERM: 360 months RANGE: 240 - 360 months
WEIGHTED AVERAGE STATED REMAINING TERM: 345 months RANGE: 213 - 360 months
WEIGHTED AVERAGE SEASONING: 15 months RANGE: 0 - 66 months
TOP STATE CONCENTRATIONS ($): 93.63 % California, 1.95 % Colorado, 1.15 % Illinois
MAXIMUM ZIP CODE CONCENTRATION ($): 5.69 % 94920 (Tiburon, CA)
FIRST PAY DATE: Oct 01, 1994 - Apr 01, 2000
MATURITY DATE: Dec 01, 2017 - Mar 01, 2030
</TABLE>
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
<S> <C> <C> <C> <C> <C> <C>
INDEX: 11th District COFI 173,615,720.00 100.00 201 100.00
DOCUMENTATION: Full 173,615,720.00 100.00 201 100.00
DELINQUENCY: Current 173,615,720.00 100.00 201 100.00
The information contained herein has been prepared solely for the use of Greenwich Capital Markets, Inc. and has
not been independently verified by Greenwich Capital Markets, Inc. Accordingly, Greenwich Capital Markets, Inc.
makes no express or implied representations or warranties of any kind and expressly disclaims all liability for
any use or misuse of the contents hereof. Greenwich Capital Markets, Inc. assumes no responsibility for the
accuracy of any material contained herein.
The information contained herein will be superseded by the description of the mortgage loans contained in the prospectus
supplement. Such information supersedes the information in all prior collateral term sheets, if any.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
<S> <C> <C> <C> <C> <C> <C>
CURRENT BALANCE: 74,971.00 - 100,000.00 172,473.00 0.10 2 1.00
100,000.01 - 200,000.00 1,088,320.00 0.63 7 3.48
200,000.01 - 300,000.00 3,908,361.00 2.25 15 7.46
300,000.01 - 400,000.00 5,293,047.00 3.05 15 7.46
400,000.01 - 500,000.00 9,870,303.00 5.69 22 10.95
500,000.01 - 600,000.00 7,869,326.00 4.53 14 6.97
600,000.01 - 700,000.00 11,474,820.00 6.61 18 8.96
700,000.01 - 800,000.00 14,286,453.00 8.23 19 9.45
800,000.01 - 900,000.00 7,885,750.00 4.54 9 4.48
900,000.01 - 1,000,000.00 20,632,641.00 11.88 21 10.45
1,000,000.01 - 1,100,000.00 11,820,103.00 6.81 11 5.47
1,100,000.01 - 1,200,000.00 8,210,156.00 4.73 7 3.48
1,200,000.01 - 1,300,000.00 6,368,208.00 3.67 5 2.49
1,300,000.01 - 1,400,000.00 8,132,484.00 4.68 6 2.99
1,400,000.01 - 1,500,000.00 5,886,536.00 3.39 4 1.99
1,500,000.01 - 1,600,000.00 9,362,842.00 5.39 6 2.99
1,600,000.01 - 1,700,000.00 5,008,879.00 2.89 3 1.49
1,700,000.01 - 1,800,000.00 1,772,961.00 1.02 1 0.50
1,800,000.01 - 1,900,000.00 1,884,546.00 1.09 1 0.50
1,900,000.01 - 2,000,000.00 13,790,228.00 7.94 7 3.48
2,000,000.01 - 2,100,000.00 6,129,994.00 3.53 3 1.49
2,100,000.01 - 2,200,000.00 2,100,001.00 1.21 1 0.50
2,400,000.01 - 2,500,000.00 4,854,642.00 2.80 2 1.00
2,800,000.01 - 2,900,000.00 2,812,646.00 1.62 1 0.50
2,900,000.01 - 3,000,000.00 3,000,000.00 1.73 1 0.50
NOTE RATE: 2.800 - 3.000 1,300,000.00 0.75 1 0.50
3.751 - 4.000 628,500.00 0.36 1 0.50
5.501 - 5.750 600,000.00 0.35 1 0.50
5.751 - 6.000 1,942,496.00 1.12 3 1.49
6.251 - 6.500 914,000.00 0.53 2 1.00
6.501 - 6.750 12,779,208.00 7.36 17 8.46
6.751 - 7.000 34,689,025.00 19.98 39 19.40
7.001 - 7.250 30,842,429.00 17.76 35 17.41
7.251 - 7.500 64,404,196.00 37.10 72 35.82
7.501 - 7.750 24,621,866.00 14.18 29 14.43
7.751 - 7.875 894,000.00 0.51 1 0.50
GROSS MARGIN: 1.750 - 1.750 3,914,455.00 2.25 6 2.99
1.751 - 2.000 25,753,312.00 14.83 29 14.43
2.001 - 2.250 40,899,983.00 23.56 48 23.88
2.251 - 2.500 50,907,991.00 29.32 51 25.37
2.501 - 2.750 44,147,711.00 25.43 54 26.87
2.751 - 2.950 7,992,268.00 4.60 13 6.47
The information contained herein has been prepared solely for the use of Greenwich Capital Markets, Inc. and has
not been independently verified by Greenwich Capital Markets, Inc. Accordingly, Greenwich Capital Markets, Inc.
makes no express or implied representations or warranties of any kind and expressly disclaims all liability for
any use or misuse of the contents hereof. Greenwich Capital Markets, Inc. assumes no responsibility for the
accuracy of any material contained herein.
The information contained herein will be superseded by the description of the mortgage loans contained in the prospectus
supplement. Such information supersedes the information in all prior collateral term sheets, if any.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
<S> <C> <C> <C> <C> <C> <C>
MAX INT RATE: 8.50 - 8.50 928,000.00 0.53 1 0.50
8.76 - 9.00 12,614,121.00 7.27 16 7.96
9.76 - 10.00 88,751,159.00 51.12 99 49.25
10.01 - 10.25 800,000.00 0.46 1 0.50
10.26 - 10.50 3,095,212.00 1.78 3 1.49
10.76 - 11.00 29,004,013.00 16.71 32 15.92
11.26 - 11.50 29,912,073.00 17.23 38 18.91
11.76 - 12.00 6,075,265.00 3.50 8 3.98
12.76 - 12.95 2,435,877.00 1.40 3 1.49
FICO SCORE: 655 - 700 34,640,016.00 19.95 43 21.39
701 - 750 74,975,855.00 43.18 76 37.81
751 - 800 61,758,738.00 35.57 77 38.31
801 - 813 2,241,111.00 1.29 5 2.49
ORIGINAL LTV: 16.50 - 20.00 1,155,196.00 0.67 2 1.00
30.01 - 35.00 3,307,598.00 1.91 6 2.99
35.01 - 40.00 8,579,234.00 4.94 9 4.48
40.01 - 45.00 4,720,000.00 2.72 5 2.49
45.01 - 50.00 4,210,621.00 2.43 4 1.99
50.01 - 55.00 9,008,776.00 5.19 11 5.47
55.01 - 60.00 14,174,236.00 8.16 18 8.96
60.01 - 65.00 18,245,741.00 10.51 16 7.96
65.01 - 70.00 24,868,370.00 14.32 24 11.94
70.01 - 75.00 31,298,852.00 18.03 33 16.42
75.01 - 80.00 49,658,980.00 28.60 68 33.83
80.01 - 85.00 668,000.00 0.38 1 0.50
85.01 - 90.00 418,500.00 0.24 1 0.50
95.01 - 100.00 3,301,616.00 1.90 3 1.49
REMAINING TERM: 213 - 216 220,124.00 0.13 1 0.50
289 - 300 980,000.00 0.56 1 0.50
301 - 312 921,082.00 0.53 1 0.50
313 - 324 3,406,018.00 1.96 4 1.99
325 - 336 40,612,495.00 23.39 48 23.88
337 - 348 29,251,459.00 16.85 41 20.40
349 - 360 98,224,542.00 56.58 105 52.24
NEG AMORT FLAG: Negative Amortization 58,408,382.00 33.64 58 28.86
No Negative Amortization 115,207,338.00 66.36 143 71.14
NEG AMORT LIMIT: N/A 115,207,338.00 66.36 143 71.14
101% 8,423,786.00 4.85 11 5.47
102% 3,580,700.00 2.06 4 1.99
105% 2,701,984.00 1.56 2 1.00
110% 43,701,912.00 25.17 41 20.40
The information contained herein has been prepared solely for the use of Greenwich Capital Markets, Inc. and has
not been independently verified by Greenwich Capital Markets, Inc. Accordingly, Greenwich Capital Markets, Inc.
makes no express or implied representations or warranties of any kind and expressly disclaims all liability for
any use or misuse of the contents hereof. Greenwich Capital Markets, Inc. assumes no responsibility for the
accuracy of any material contained herein.
The information contained herein will be superseded by the description of the mortgage loans contained in the prospectus
supplement. Such information supersedes the information in all prior collateral term sheets, if any.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL BALANCE PCT($) # OF LOANS PCT(#)
<S> <C> <C> <C> <C> <C> <C>
PREPAY PENALTY: No Prepayment Penalty 33,072,466.00 19.05 43 21.39
Special Payoff 4,804,890.00 2.77 3 1.49
With Prepayment Penalty 135,738,364.00 78.18 155 77.11
IO FLAG: Fully Amortizing 73,077,647.00 42.09 90 44.78
Interest Only 100,538,073.00 57.91 111 55.22
OCCUPANCY: Non-owner 9,353,114.00 5.39 19 9.45
Primary 148,905,771.00 85.77 165 82.09
Second Home 15,356,835.00 8.85 17 8.46
PROPERTY TYPE: Single Family 141,301,602.00 81.39 149 74.13
Condominium 14,431,499.00 8.31 24 11.94
2-4 Units 8,176,012.00 4.71 13 6.47
PUD 6,028,624.00 3.47 6 2.99
Cooperative 3,677,983.00 2.12 9 4.48
LOAN PURPOSE: Cash Out Refinance 17,704,459.00 10.20 27 13.43
Purchase 153,125,202.00 88.20 168 83.58
Rate/Term Refinance 2,786,059.00 1.60 6 2.99
STATE: California 162,558,053.00 93.63 189 94.03
Colorado 3,377,938.00 1.95 2 1.00
Florida 991,958.00 0.57 1 0.50
Hawaii 110,621.00 0.06 1 0.50
Idaho 739,483.00 0.43 1 0.50
Illinois 2,000,000.00 1.15 1 0.50
New York 1,401,340.00 0.81 3 1.49
Oregon 236,327.00 0.14 1 0.50
Texas 1,600,000.00 0.92 1 0.50
Washington 600,000.00 0.35 1 0.50
The information contained herein has been prepared solely for the use of Greenwich Capital Markets, Inc. and has
not been independently verified by Greenwich Capital Markets, Inc. Accordingly, Greenwich Capital Markets, Inc.
makes no express or implied representations or warranties of any kind and expressly disclaims all liability for
any use or misuse of the contents hereof. Greenwich Capital Markets, Inc. assumes no responsibility for the
accuracy of any material contained herein.
The information contained herein will be superseded by the description of the mortgage loans contained in the prospectus
supplement. Such information supersedes the information in all prior collateral term sheets, if any.
</TABLE>
